| 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 | $0.29043828 | Dividend | 03/28/2024 | 04/01/2024 | 04/02/2024 | 04/03/2024 | $0.19133641 | Dividend | 04/30/2024 | 05/01/2024 | 05/02/2024 | 05/03/2024 | $0.21472838 | Dividend | 05/31/2024 | 06/03/2024 | 06/03/2024 | 06/04/2024 | $0.20304800 | Dividend | 06/28/2024 | 07/01/2024 | 07/01/2024 | 07/02/2024 | $0.20476503 | Dividend | 07/31/2024 | 08/01/2024 | 08/01/2024 | 08/02/2024 | $0.20174734 | Dividend | 08/30/2024 | 09/03/2024 | 09/03/2024 | 09/04/2024 | $0.19416452 | Dividend | 09/30/2024 | 10/01/2024 | 10/01/2024 | 10/02/2024 | $0.18403575 | 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 | -.-% | 1.02% | 3.77% | 4.80% | -.-% | 5.48% |
| mkt | -.-% | 0.95% | 3.81% | 4.71% | -.-% | 5.54% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | Since Inception | |
|---|---|---|---|---|---|---|
| nav | -.-% | 1.02% | 3.77% | 4.80% | -.-% | 5.48% |
| mkt | -.-% | 0.95% | 3.81% | 4.71% | -.-% | 5.54% |
| Name | Symbol | Par Value | Market Value | Weightings (%) |
|---|---|---|---|---|
| Uber Technologies Inc 7.5% 09/15/2027 | 90353TAE0 | 35,000.00 | $35,700.67 | 0.15% |
| Arizona Public Service Co 2.95% 09/15/2027 | 040555CW2 | 62,000.00 | $59,564.07 | 0.24% |
| Patterson-UTI Energy Inc 3.95% 02/01/2028 | 703481AB7 | 62,000.00 | $59,589.28 | 0.24% |
| Avolon Holdings Funding Ltd 2.528% 11/18/2027 | 05401AAR2 | 63,000.00 | $58,791.96 | 0.24% |
| Becton Dickinson & Co 3.7% 06/06/2027 | 075887BW8 | 60,000.00 | $59,175.50 | 0.24% |
| Blackstone Secured Lending Fund 5.875% 11/15/2027 | 09261XAH5 | 58,000.00 | $58,915.10 | 0.24% |
| Rochester Gas and Electric Corp 3.1% 06/01/2027 | 771367CD9 | 61,000.00 | $58,919.69 | 0.24% |
| SSM Health Care Corp 3.823% 06/01/2027 | 784710AA3 | 59,000.00 | $58,399.26 | 0.24% |
| 7-Eleven Inc 1.3% 02/10/2028 | 817826AD2 | 66,000.00 | $59,521.38 | 0.24% |
| Leland Stanford Junior University/The 1.289% 06/01/2027 | 85440KAC8 | 63,000.00 | $58,752.43 | 0.24% |
| CSL Finance PLC 3.85% 04/27/2027 | 12661PAA7 | 60,000.00 | $59,220.73 | 0.24% |
| Centene Corp 4.25% 12/15/2027 | 15135BAR2 | 61,000.00 | $59,770.46 | 0.24% |
| DR Horton Inc 1.4% 10/15/2027 | 23331ABP3 | 64,000.00 | $59,180.29 | 0.24% |
| Wells Fargo & Co 5.707% 04/22/2028 | 95000U3L5 | 58,000.00 | $59,853.34 | 0.24% |
| Emerson Electric Co 1.8% 10/15/2027 | 291011BL7 | 63,000.00 | $59,054.71 | 0.24% |
| Empower Finance 2020 LP 1.357% 09/17/2027 | 29248HAA1 | 65,000.00 | $59,540.47 | 0.24% |
| Equitable Financial Life Global Funding 1.4% 08/27/2027 | 29449WAB3 | 64,000.00 | $59,072.32 | 0.24% |
| Expedia Group Inc 3.8% 02/15/2028 | 30212PAP0 | 61,000.00 | $59,793.89 | 0.24% |
| Georgia-Pacific LLC 2.1% 04/30/2027 | 37331NAL5 | 62,000.00 | $58,939.57 | 0.24% |
| Abbott Laboratories 1.15% 01/30/2028 | 002824BP4 | 65,000.00 | $59,603.59 | 0.24% |
| Air Products and Chemicals Inc 1.85% 05/15/2027 | 009158AY2 | 63,000.00 | $59,809.00 | 0.24% |
| NiSource Inc 5.25% 03/30/2028 | 65473PAN5 | 58,000.00 | $59,725.87 | 0.24% |
| Aon Corp / Aon Global Holdings PLC 2.85% 05/28/2027 | 03740LAD4 | 63,000.00 | $61,040.00 | 0.25% |
| Oracle Corp 3.25% 11/15/2027 | 68389XBN4 | 62,000.00 | $60,277.39 | 0.25% |
| Apple Inc 1.2% 02/08/2028 | 037833EC0 | 67,000.00 | $61,589.62 | 0.25% |
| ORIX Corp 5% 09/13/2027 | 686330AQ4 | 60,000.00 | $61,222.08 | 0.25% |
| Applied Materials Inc 3.3% 04/01/2027 | 038222AL9 | 62,000.00 | $60,977.71 | 0.25% |
| Otis Worldwide Corp 2.293% 04/05/2027 | 68902VAJ6 | 63,000.00 | $60,156.58 | 0.25% |
| ArcelorMittal SA 6.55% 11/29/2027 | 03938LBE3 | 57,000.00 | $60,345.65 | 0.25% |
| Owens Corning 5.5% 06/15/2027 | 690742AN1 | 59,000.00 | $60,891.63 | 0.25% |
| Ares Capital Corp 2.875% 06/15/2027 | 04010LBD4 | 64,000.00 | $60,416.71 | 0.25% |
| Blue Owl Credit Income Corp 7.75% 09/16/2027 | 69120VAP6 | 58,000.00 | $60,997.13 | 0.25% |
| Blue Owl Capital Corp III 3.125% 04/13/2027 | 69122JAC0 | 64,000.00 | $60,548.42 | 0.25% |
| Arrow Electronics Inc 3.875% 01/12/2028 | 042735BF6 | 62,000.00 | $60,514.28 | 0.25% |
| PPG Industries Inc 3.75% 03/15/2028 | 693506BP1 | 62,000.00 | $60,948.46 | 0.25% |
| Assurant Inc 4.9% 03/27/2028 | 04621XAJ7 | 60,000.00 | $60,487.72 | 0.25% |
| PACCAR Financial Corp 4.45% 08/06/2027 | 69371RT30 | 61,000.00 | $61,833.77 | 0.25% |
| Astrazeneca Finance LLC 4.875% 03/03/2028 | 04636NAF0 | 60,000.00 | $61,573.70 | 0.25% |
| Pacific Life Global Funding II 1.45% 01/20/2028 | 6944PL2D0 | 66,000.00 | $60,430.04 | 0.25% |
| Athene Holding Ltd 4.125% 01/12/2028 | 04686JAA9 | 63,000.00 | $62,096.85 | 0.25% |
| Packaging Corp of America 3.4% 12/15/2027 | 695156AT6 | 62,000.00 | $60,421.59 | 0.25% |
| Atmos Energy Corp 3% 06/15/2027 | 049560AN5 | 63,000.00 | $61,278.59 | 0.25% |
| Parker-Hannifin Corp 4.25% 09/15/2027 | 701094AR5 | 60,000.00 | $60,163.68 | 0.25% |
| Autodesk Inc 3.5% 06/15/2027 | 052769AE6 | 62,000.00 | $60,883.43 | 0.25% |
| AutoNation Inc 3.8% 11/15/2027 | 05329WAP7 | 62,000.00 | $60,364.36 | 0.25% |
| PayPal Holdings Inc 3.9% 06/01/2027 | 70450YAK9 | 61,000.00 | $60,896.05 | 0.25% |
| AutoZone Inc 3.75% 06/01/2027 | 053332AV4 | 62,000.00 | $61,277.30 | 0.25% |
| Penske Truck Leasing Co Lp / PTL Finance Corp 5.7% 02/01/2028 | 709599BS2 | 60,000.00 | $62,039.22 | 0.25% |
| AvalonBay Communities Inc 3.2% 01/15/2028 | 05348EBC2 | 64,000.00 | $61,931.90 | 0.25% |
| PepsiCo Inc 3% 10/15/2027 | 713448DY1 | 63,000.00 | $61,475.87 | 0.25% |
| Aviation Capital Group LLC 3.5% 11/01/2027 | 05369AAA9 | 64,000.00 | $61,661.78 | 0.25% |
| Philip Morris International Inc 4.875% 02/15/2028 | 718172CZ0 | 61,000.00 | $62,256.20 | 0.25% |
| Avnet Inc 6.25% 03/15/2028 | 053807AW3 | 58,000.00 | $60,799.66 | 0.25% |
| Phillips 66 3.9% 03/15/2028 | 718546AR5 | 62,000.00 | $61,251.42 | 0.25% |
| DOC DR LLC 3.95% 01/15/2028 | 71951QAB8 | 62,000.00 | $60,906.96 | 0.25% |
| AXIS Specialty Finance PLC 4% 12/06/2027 | 05464HAC4 | 63,000.00 | $61,931.39 | 0.25% |
| Booking Holdings Inc 3.55% 03/15/2028 | 741503BC9 | 62,000.00 | $60,989.18 | 0.25% |
| BAT Capital Corp 3.557% 08/15/2027 | 05526DBB0 | 62,000.00 | $60,694.93 | 0.25% |
| Principal Life Global Funding II 4.6% 08/19/2027 | 74256LFA2 | 60,000.00 | $60,738.76 | 0.25% |
| BHP Billiton Finance USA Ltd 4.75% 02/28/2028 | 055451AZ1 | 60,000.00 | $61,181.00 | 0.25% |
| Procter & Gamble Co/The 2.85% 08/11/2027 | 742718EV7 | 62,000.00 | $60,410.92 | 0.25% |
| BMW US Capital LLC 4.6% 08/13/2027 | 05565ECQ6 | 61,000.00 | $61,598.92 | 0.25% |
| Prologis LP 2.125% 04/15/2027 | 74340XBN0 | 63,000.00 | $60,067.33 | 0.25% |
| BP Capital Markets PLC 3.279% 09/19/2027 | 05565QDN5 | 63,000.00 | $61,698.87 | 0.25% |
| Prudential Financial Inc 3.878% 03/27/2028 | 74432QCC7 | 61,000.00 | $60,439.22 | 0.25% |
| Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc 3.337% 12/15/2027 | 05723KAE0 | 62,000.00 | $60,428.89 | 0.25% |
| Public Service Enterprise Group Inc 5.85% 11/15/2027 | 744573AV8 | 59,000.00 | $61,745.80 | 0.25% |
| Bank of America Corp 3.419% 12/20/2028 | 06051GHD4 | 64,000.00 | $62,203.30 | 0.25% |
| Public Storage Operating Co 3.094% 09/15/2027 | 74460DAC3 | 64,000.00 | $62,293.38 | 0.25% |
| Bank of Montreal 3.803% 12/15/2032 | 06368BGS1 | 63,000.00 | $61,185.14 | 0.25% |
| QUALCOMM Inc 3.25% 05/20/2027 | 747525AU7 | 63,000.00 | $61,962.12 | 0.25% |
| Bank of New York Mellon Corp/The 5.802% 10/25/2028 | 06406RBL0 | 59,000.00 | $61,766.76 | 0.25% |
| Quanta Services Inc 4.75% 08/09/2027 | 74762EAK8 | 61,000.00 | $61,539.42 | 0.25% |
| Bank of Nova Scotia/The 4.404% 09/08/2028 | 06418GAL1 | 61,000.00 | $61,124.56 | 0.25% |
| Quest Diagnostics Inc 4.6% 12/15/2027 | 74834LBE9 | 60,000.00 | $60,749.60 | 0.25% |
| Bayer Corp/NJ 6.65% 02/15/2028 | 072732AC4 | 58,000.00 | $60,973.54 | 0.25% |
| Realty Income Corp 3.4% 01/15/2028 | 756109BH6 | 64,000.00 | $62,343.63 | 0.25% |
| Bayport Polymers LLC 4.743% 04/14/2027 | 073096AA7 | 62,000.00 | $61,588.07 | 0.25% |
| Regency Centers LP 4.125% 03/15/2028 | 75884RAX1 | 62,000.00 | $61,483.33 | 0.25% |
| Reliance Standard Life Global Funding II 4.928% 09/01/2027 | 75951AAS7 | 61,000.00 | $61,219.57 | 0.25% |
| Black Hills Corp 5.95% 03/15/2028 | 092113AV1 | 58,000.00 | $60,758.72 | 0.25% |
| RenaissanceRe Finance Inc 3.45% 07/01/2027 | 75973QAA5 | 63,000.00 | $61,636.15 | 0.25% |
| Blackstone Holdings Finance Co LLC 5.9% 11/03/2027 | 09261BAJ9 | 59,000.00 | $61,663.06 | 0.25% |
| Republic Services Inc 3.375% 11/15/2027 | 760759AS9 | 62,000.00 | $60,658.29 | 0.25% |
| BlackRock Funding Inc 4.6% 07/26/2027 | 09290DAH4 | 60,000.00 | $61,089.52 | 0.25% |
| Roper Technologies Inc 1.4% 09/15/2027 | 776743AN6 | 65,000.00 | $60,196.10 | 0.25% |
| Boardwalk Pipelines LP 4.45% 07/15/2027 | 096630AF5 | 61,000.00 | $61,046.63 | 0.25% |
| Royal Bank of Canada 6% 11/01/2027 | 78016FZU1 | 58,000.00 | $61,111.84 | 0.25% |
| Boeing Co/The 5.04% 05/01/2027 | 097023CU7 | 61,000.00 | $61,204.79 | 0.25% |
| Royalty Pharma PLC 1.75% 09/02/2027 | 78081BAJ2 | 65,000.00 | $60,484.54 | 0.25% |
| BorgWarner Inc 2.65% 07/01/2027 | 099724AL0 | 63,000.00 | $60,432.37 | 0.25% |
| Ryder System Inc 5.65% 03/01/2028 | 78355HKV0 | 59,000.00 | $61,482.67 | 0.25% |
| Boston Properties LP 6.75% 12/01/2027 | 10112RBG8 | 59,000.00 | $62,303.88 | 0.25% |
| Sabine Pass Liquefaction LLC 4.2% 03/15/2028 | 785592AU0 | 62,000.00 | $61,641.39 | 0.25% |
| Boston Scientific Corp 4% 03/01/2028 | 101137AS6 | 62,000.00 | $61,640.01 | 0.25% |
| Sammons Financial Group Inc 4.45% 05/12/2027 | 79588TAC4 | 62,000.00 | $61,228.38 | 0.25% |
| Brighthouse Financial Inc 3.7% 06/22/2027 | 10922NAC7 | 63,000.00 | $61,487.89 | 0.25% |
| Santander Holdings USA Inc 4.4% 07/13/2027 | 80282KAP1 | 61,000.00 | $60,728.76 | 0.25% |
| Bristol-Myers Squibb Co 3.9% 02/20/2028 | 110122DE5 | 62,000.00 | $61,665.82 | 0.25% |
| Schlumberger Holdings Corp 5% 05/29/2027 | 806851AL5 | 59,000.00 | $60,126.57 | 0.25% |
| Broadcom Inc 5.05% 07/12/2027 | 11135FBZ3 | 60,000.00 | $61,276.18 | 0.25% |
| Charles Schwab Corp/The 2% 03/20/2028 | 808513BP9 | 66,000.00 | $61,435.71 | 0.25% |
| Brookfield Finance Inc 3.9% 01/25/2028 | 11271LAC6 | 61,000.00 | $60,104.74 | 0.25% |
| Sempra 3.4% 02/01/2028 | 816851BG3 | 64,000.00 | $61,994.69 | 0.25% |
| Bunge Ltd Finance Corp 3.75% 09/25/2027 | 120568AZ3 | 62,000.00 | $61,322.28 | 0.25% |
| Burlington Northern Santa Fe LLC 3.25% 06/15/2027 | 12189LBA8 | 62,000.00 | $60,954.85 | 0.25% |
| Sherwin-Williams Co/The 3.45% 06/01/2027 | 824348AW6 | 62,000.00 | $60,921.61 | 0.25% |
| Paramount Global 3.375% 02/15/2028 | 124857AT0 | 66,000.00 | $62,055.95 | 0.25% |
| Simon Property Group LP 1.75% 02/01/2028 | 828807DL8 | 65,000.00 | $60,174.78 | 0.25% |
| Cigna Group/The 3.05% 10/15/2027 | 125523AZ3 | 62,000.00 | $60,035.82 | 0.25% |
| First-Citizens Bank & Trust Co 6.125% 03/09/2028 | 125581GX0 | 59,000.00 | $61,790.32 | 0.25% |
| J M Smucker Co/The 3.375% 12/15/2027 | 832696AR9 | 62,000.00 | $60,538.26 | 0.25% |
| CMS Energy Corp 3.45% 08/15/2027 | 125896BS8 | 62,000.00 | $60,720.70 | 0.25% |
| Southwest Airlines Co 5.125% 06/15/2027 | 844741BK3 | 60,000.00 | $61,051.11 | 0.25% |
| CNH Industrial NV 3.85% 11/15/2027 | 12594KAB8 | 61,000.00 | $60,313.83 | 0.25% |
| Southwest Gas Corp 5.45% 03/23/2028 | 845011AH8 | 59,000.00 | $60,883.56 | 0.25% |
| CSX Corp 3.25% 06/01/2027 | 126408HH9 | 62,000.00 | $60,796.29 | 0.25% |
| Stanley Black & Decker Inc 6% 03/06/2028 | 854502AT8 | 58,000.00 | $61,012.31 | 0.25% |
| Starbucks Corp 3.5% 03/01/2028 | 855244AP4 | 62,000.00 | $60,842.10 | 0.25% |
| CVS Health Corp 4.3% 03/25/2028 | 126650CX6 | 62,000.00 | $61,538.30 | 0.25% |
| Coterra Energy Inc 3.9% 05/15/2027 | 127097AG8 | 62,000.00 | $60,862.92 | 0.25% |
| Steel Dynamics Inc 1.65% 10/15/2027 | 858119BN9 | 66,000.00 | $60,968.30 | 0.25% |
| Cadence Design Systems Inc 4.2% 09/10/2027 | 127387AM0 | 61,000.00 | $61,205.17 | 0.25% |
| Store Capital LLC 4.5% 03/15/2028 | 862121AA8 | 63,000.00 | $61,858.94 | 0.25% |
| Campbell Soup Co 4.15% 03/15/2028 | 134429BG3 | 61,000.00 | $60,940.51 | 0.25% |
| Stryker Corp 3.65% 03/07/2028 | 863667AQ4 | 62,000.00 | $61,039.51 | 0.25% |
| Canadian Imperial Bank of Commerce 5.237% 06/28/2027 | 13607L8C0 | 59,000.00 | $60,553.71 | 0.25% |
| Synchrony Financial 3.95% 12/01/2027 | 87165BAM5 | 62,000.00 | $60,132.92 | 0.25% |
| Canadian Natural Resources Ltd 3.85% 06/01/2027 | 136385AX9 | 62,000.00 | $61,069.00 | 0.25% |
| Sysco Corp 3.25% 07/15/2027 | 871829BF3 | 64,000.00 | $62,273.08 | 0.25% |
| Cantor Fitzgerald LP 4.5% 04/14/2027 | 138616AK3 | 62,000.00 | $61,392.55 | 0.25% |
| TC PipeLines LP 3.9% 05/25/2027 | 87233QAC2 | 62,000.00 | $61,063.34 | 0.25% |
| Capital One Financial Corp 4.927% 05/10/2028 | 14040HCS2 | 60,000.00 | $60,615.92 | 0.25% |
| T-Mobile USA Inc 3.75% 04/15/2027 | 87264ABD6 | 62,000.00 | $61,206.29 | 0.25% |
| Cardinal Health Inc 3.41% 06/15/2027 | 14149YBJ6 | 62,000.00 | $60,727.82 | 0.25% |
| Take-Two Interactive Software Inc 4.95% 03/28/2028 | 874054AK5 | 59,000.00 | $60,136.12 | 0.25% |
| Cargill Inc 3.625% 04/22/2027 | 141781BV5 | 62,000.00 | $61,197.96 | 0.25% |
| Tanger Properties LP 3.875% 07/15/2027 | 875484AK3 | 63,000.00 | $61,534.15 | 0.25% |
| Carlisle Cos Inc 3.75% 12/01/2027 | 142339AH3 | 63,000.00 | $61,870.48 | 0.25% |
| Targa Resources Corp 5.2% 07/01/2027 | 87612KAA0 | 59,000.00 | $60,292.58 | 0.25% |
| Caterpillar Financial Services Corp 5% 05/14/2027 | 14913UAL4 | 59,000.00 | $60,551.17 | 0.25% |
| TELUS Corp 3.7% 09/15/2027 | 87971MBF9 | 62,000.00 | $60,803.57 | 0.25% |
| Celanese US Holdings LLC 6.165% 07/15/2027 | 15089QAM6 | 60,000.00 | $62,079.50 | 0.25% |
| Texas Eastern Transmission LP 3.5% 01/15/2028 | 882384AD2 | 64,000.00 | $61,842.30 | 0.25% |
| Texas Instruments Inc 4.6% 02/15/2028 | 882508BV5 | 61,000.00 | $62,224.65 | 0.25% |
| Cenovus Energy Inc 4.25% 04/15/2027 | 15135UAM1 | 62,000.00 | $61,623.76 | 0.25% |
| Textron Inc 3.375% 03/01/2028 | 883203BY6 | 63,000.00 | $60,797.29 | 0.25% |
| CenterPoint Energy Resources Corp 5.25% 03/01/2028 | 15189YAG1 | 59,000.00 | $60,876.15 | 0.25% |
| Thermo Fisher Scientific Inc 4.8% 11/21/2027 | 883556CT7 | 59,000.00 | $60,457.02 | 0.25% |
| Charter Communications Operating LLC / Charter Communications Operating Capital 4.2% 03/15/2028 | 161175BK9 | 63,000.00 | $61,176.88 | 0.25% |
| 3M Co 2.875% 10/15/2027 | 88579YAY7 | 63,000.00 | $60,718.35 | 0.25% |
| Cheniere Corpus Christi Holdings LLC 5.125% 06/30/2027 | 16412XAG0 | 61,000.00 | $62,028.84 | 0.25% |
| Toll Brothers Finance Corp 4.35% 02/15/2028 | 88947EAT7 | 62,000.00 | $61,660.98 | 0.25% |
| Chevron Corp 1.995% 05/11/2027 | 166764BX7 | 63,000.00 | $60,119.64 | 0.25% |
| Toyota Motor Credit Corp 4.625% 01/12/2028 | 89236TKQ7 | 60,000.00 | $60,978.37 | 0.25% |
| Church & Dwight Co Inc 3.15% 08/01/2027 | 171340AN2 | 62,000.00 | $60,695.74 | 0.25% |
| Truist Financial Corp 4.873% 01/26/2029 | 89788MAL6 | 60,000.00 | $60,636.57 | 0.25% |
| Cintas Corp No 2 3.7% 04/01/2027 | 17252MAN0 | 61,000.00 | $60,536.33 | 0.25% |
| Tyco Electronics Group SA 3.125% 08/15/2027 | 902133AU1 | 64,000.00 | $62,305.08 | 0.25% |
| Citigroup Inc 4.45% 09/29/2027 | 172967KA8 | 60,000.00 | $60,076.25 | 0.25% |
| Tyson Foods Inc 3.55% 06/02/2027 | 902494BC6 | 62,000.00 | $60,766.42 | 0.25% |
| Clorox Co/The 3.1% 10/01/2027 | 189054AV1 | 63,000.00 | $61,065.16 | 0.25% |
| UDR Inc 3.5% 01/15/2028 | 90265EAN0 | 64,000.00 | $62,091.25 | 0.25% |
| Tapestry Inc 4.125% 07/15/2027 | 189754AC8 | 62,000.00 | $60,942.01 | 0.25% |
| CNO Global Funding 5.875% 06/04/2027 | 18977W2D1 | 59,000.00 | $60,826.93 | 0.25% |
| Union Pacific Corp 3% 04/15/2027 | 907818EP9 | 63,000.00 | $61,455.15 | 0.25% |
| Coca-Cola Co/The 1.45% 06/01/2027 | 191216CU2 | 66,000.00 | $62,213.60 | 0.25% |
| United Parcel Service Inc 3.05% 11/15/2027 | 911312BM7 | 62,000.00 | $60,240.64 | 0.25% |
| Colgate-Palmolive Co 4.6% 03/01/2028 | 194162AR4 | 60,000.00 | $61,499.69 | 0.25% |
| US Bancorp 4.548% 07/22/2028 | 91159HJF8 | 60,000.00 | $60,457.08 | 0.25% |
| Comcast Corp 3.15% 02/15/2028 | 20030NCA7 | 64,000.00 | $61,979.68 | 0.25% |
| RTX Corp 3.125% 05/04/2027 | 913017CR8 | 62,000.00 | $60,385.28 | 0.25% |
| CommonSpirit Health 6.073% 11/01/2027 | 20268JAK9 | 58,000.00 | $60,857.82 | 0.25% |
| UnitedHealth Group Inc 5.25% 02/15/2028 | 91324PEP3 | 59,000.00 | $61,253.50 | 0.25% |
| Conagra Brands Inc 1.375% 11/01/2027 | 205887CF7 | 66,000.00 | $60,326.47 | 0.25% |
| UPM-Kymmene Oyj 7.45% 11/26/2027 | 915436AC3 | 58,000.00 | $62,005.85 | 0.25% |
| Consolidated Edison Co of New York Inc 3.125% 11/15/2027 | 209111FM0 | 62,000.00 | $60,168.38 | 0.25% |
| Valero Energy Corp 2.15% 09/15/2027 | 91913YBB5 | 64,000.00 | $60,383.40 | 0.25% |
| Ventas Realty LP 4% 03/01/2028 | 92277GAM9 | 62,000.00 | $61,117.74 | 0.25% |
| Constellation Energy Generation LLC 5.6% 03/01/2028 | 210385AB6 | 59,000.00 | $61,513.64 | 0.25% |
| VeriSign Inc 4.75% 07/15/2027 | 92343EAL6 | 62,000.00 | $62,091.31 | 0.25% |
| Continental Resources Inc/OK 4.375% 01/15/2028 | 212015AS0 | 63,000.00 | $61,915.77 | 0.25% |
| Verizon Communications Inc 2.1% 03/22/2028 | 92343VGH1 | 66,000.00 | $61,512.27 | 0.25% |
| Corebridge Financial Inc 3.65% 04/05/2027 | 21871XAD1 | 62,000.00 | $60,917.99 | 0.25% |
| Viatris Inc 2.3% 06/22/2027 | 92556VAC0 | 65,000.00 | $61,225.37 | 0.25% |
| Costco Wholesale Corp 1.375% 06/20/2027 | 22160KAN5 | 65,000.00 | $60,871.10 | 0.25% |
| VICI Properties LP 4.75% 02/15/2028 | 925650AB9 | 62,000.00 | $62,133.61 | 0.25% |
| Videotron Ltd 5.125% 04/15/2027 | 92660FAK0 | 61,000.00 | $60,705.97 | 0.25% |
| Crown Castle Inc 5% 01/11/2028 | 22822VBA8 | 60,000.00 | $60,991.78 | 0.25% |
| Virginia Electric and Power Co 3.75% 05/15/2027 | 927804GH1 | 61,000.00 | $60,519.27 | 0.25% |
| DCP Midstream Operating LP 5.625% 07/15/2027 | 23311VAJ6 | 60,000.00 | $61,595.16 | 0.25% |
| Visa Inc 1.9% 04/15/2027 | 92826CAL6 | 63,000.00 | $60,101.59 | 0.25% |
| VMware LLC 3.9% 08/21/2027 | 928563AC9 | 62,000.00 | $61,277.27 | 0.25% |
| DTE Energy Co 4.95% 07/01/2027 | 233331BM8 | 61,000.00 | $62,016.84 | 0.25% |
| Voya Financial Inc 4.7% 01/23/2048 | 929089AF7 | 67,000.00 | $61,064.54 | 0.25% |
| Darden Restaurants Inc 3.85% 05/01/2027 | 237194AL9 | 62,000.00 | $61,241.65 | 0.25% |
| Vulcan Materials Co 3.9% 04/01/2027 | 929160AT6 | 61,000.00 | $60,725.29 | 0.25% |
| John Deere Capital Corp 4.75% 01/20/2028 | 24422EWR6 | 59,000.00 | $60,329.73 | 0.25% |
| WEC Energy Group Inc 1.375% 10/15/2027 | 92939UAD8 | 66,000.00 | $60,621.93 | 0.25% |
| Dell International LLC / EMC Corp 5.25% 02/01/2028 | 24703DBJ9 | 60,000.00 | $61,847.79 | 0.25% |
| Walmart Inc 3.95% 09/09/2027 | 931142EX7 | 62,000.00 | $62,320.81 | 0.25% |
| Devon Energy Corp 5.25% 10/15/2027 | 25179MBD4 | 61,000.00 | $61,255.16 | 0.25% |
| Waste Management Inc 4.95% 07/03/2027 | 94106LBX6 | 59,000.00 | $60,521.53 | 0.25% |
| Diamondback Energy Inc 5.2% 04/18/2027 | 25278XAX7 | 59,000.00 | $60,138.15 | 0.25% |
| Digital Realty Trust LP 3.7% 08/15/2027 | 25389JAR7 | 62,000.00 | $61,036.29 | 0.25% |
| Western Midstream Operating LP 4.5% 03/01/2028 | 958254AH7 | 62,000.00 | $61,367.85 | 0.25% |
| Walt Disney Co/The 2.2% 01/13/2028 | 254687FW1 | 64,000.00 | $60,677.41 | 0.25% |
| Westpac Banking Corp 5.457% 11/18/2027 | 961214FK4 | 59,000.00 | $61,363.12 | 0.25% |
| Discovery Communications LLC 3.95% 03/20/2028 | 25470DAR0 | 64,000.00 | $61,030.15 | 0.25% |
| WRKCo Inc 4% 03/15/2028 | 96145DAH8 | 62,000.00 | $61,177.10 | 0.25% |
| Dollar General Corp 3.875% 04/15/2027 | 256677AE5 | 62,000.00 | $61,117.13 | 0.25% |
| Weyerhaeuser Co 6.95% 10/01/2027 | 962166AW4 | 57,000.00 | $60,996.72 | 0.25% |
| Keurig Dr Pepper Inc 3.43% 06/15/2027 | 26138EAX7 | 62,000.00 | $60,738.93 | 0.25% |
| Williams Cos Inc/The 3.75% 06/15/2027 | 96949LAD7 | 62,000.00 | $61,043.33 | 0.25% |
| Duke Energy Corp 4.3% 03/15/2028 | 26441CBS3 | 61,000.00 | $61,037.18 | 0.25% |
| Willis North America Inc 4.65% 06/15/2027 | 970648AL5 | 60,000.00 | $60,416.13 | 0.25% |
| Workday Inc 3.5% 04/01/2027 | 98138HAG6 | 62,000.00 | $60,977.92 | 0.25% |
| ERP Operating LP 3.5% 03/01/2028 | 26884ABJ1 | 63,000.00 | $61,457.71 | 0.25% |
| Xylem Inc/NY 1.95% 01/30/2028 | 98419MAM2 | 66,000.00 | $61,187.11 | 0.25% |
| EQT Corp 3.9% 10/01/2027 | 26884LAF6 | 62,000.00 | $60,897.29 | 0.25% |
| Zoetis Inc 3% 09/12/2027 | 98978VAL7 | 64,000.00 | $62,044.40 | 0.25% |
| EPR Properties 4.5% 06/01/2027 | 26884UAD1 | 62,000.00 | $61,120.31 | 0.25% |
| Eaton Vance Corp 3.5% 04/06/2027 | 278265AE3 | 62,000.00 | $61,014.43 | 0.25% |
| eBay Inc 3.6% 06/05/2027 | 278642AU7 | 62,000.00 | $61,248.62 | 0.25% |
| Ecolab Inc 5.25% 01/15/2028 | 278865BP4 | 58,000.00 | $60,247.48 | 0.25% |
| Edison International 5.75% 06/15/2027 | 281020AN7 | 59,000.00 | $60,846.63 | 0.25% |
| Enbridge Inc 5.25% 04/05/2027 | 29250NCA1 | 59,000.00 | $60,344.74 | 0.25% |
| Energy Transfer LP 5.55% 02/15/2028 | 29273VAP5 | 58,000.00 | $59,956.51 | 0.25% |
| EnLink Midstream LLC 5.625% 01/15/2028 | 29336TAC4 | 60,000.00 | $61,395.00 | 0.25% |
| Enterprise Products Operating LLC 5.25% 08/16/2077 | 29379VBN2 | 63,000.00 | $62,275.92 | 0.25% |
| Equifax Inc 5.1% 12/15/2027 | 294429AV7 | 59,000.00 | $60,241.92 | 0.25% |
| Equinix Inc 1.55% 03/15/2028 | 29444UBL9 | 66,000.00 | $60,197.99 | 0.25% |
| Equinor ASA 3% 04/06/2027 | 29446MAE2 | 62,000.00 | $60,564.06 | 0.25% |
| Essential Utilities Inc 4.8% 08/15/2027 | 29670GAJ1 | 60,000.00 | $60,696.07 | 0.25% |
| Essex Portfolio LP 1.7% 03/01/2028 | 29717PAY3 | 67,000.00 | $61,300.10 | 0.25% |
| Evergy Missouri West Inc 5.15% 12/15/2027 | 30037FAA8 | 59,000.00 | $60,264.65 | 0.25% |
| Eversource Energy 5.45% 03/01/2028 | 30040WAT5 | 59,000.00 | $61,171.46 | 0.25% |
| Exelon Corp 5.15% 03/15/2028 | 30161NBJ9 | 60,000.00 | $61,545.66 | 0.25% |
| F&G Annuities & Life Inc 7.4% 01/13/2028 | 30190AAC8 | 59,000.00 | $62,000.08 | 0.25% |
| Extra Space Storage LP 3.875% 12/15/2027 | 30225VAM9 | 63,000.00 | $62,217.95 | 0.25% |
| FS KKR Capital Corp 3.25% 07/15/2027 | 302635AL1 | 64,000.00 | $60,579.83 | 0.25% |
| Meta Platforms Inc 3.5% 08/15/2027 | 30303M8G0 | 62,000.00 | $61,383.70 | 0.25% |
| Federal Realty OP LP 3.25% 07/15/2027 | 313747AY3 | 64,000.00 | $62,020.09 | 0.25% |
| Fidelity National Information Services Inc 1.65% 03/01/2028 | 31620MBS4 | 67,000.00 | $61,209.99 | 0.25% |
| Fifth Third Bancorp 6.361% 10/27/2028 | 316773DJ6 | 57,000.00 | $59,981.52 | 0.25% |
| Fiserv Inc 2.25% 06/01/2027 | 337738BB3 | 64,000.00 | $60,838.46 | 0.25% |
| FirstEnergy Corp 4.15% 07/15/2027 | 337932AH0 | 63,000.00 | $62,218.40 | 0.25% |
| Flex Ltd 6% 01/15/2028 | 33938XAE5 | 59,000.00 | $61,092.42 | 0.25% |
| Freeport-McMoRan Inc 4.125% 03/01/2028 | 35671DCE3 | 62,000.00 | $61,057.72 | 0.25% |
| GATX Corp 3.5% 03/15/2028 | 361448BA0 | 63,000.00 | $60,803.06 | 0.25% |
| General Dynamics Corp 3.5% 04/01/2027 | 369550BL1 | 62,000.00 | $61,356.66 | 0.25% |
| General Motors Financial Co Inc 5% 04/09/2027 | 37045XDW3 | 60,000.00 | $60,506.22 | 0.25% |
| Gilead Sciences Inc 1.2% 10/01/2027 | 375558BX0 | 66,000.00 | $60,804.14 | 0.25% |
| Global Payments Inc 4.95% 08/15/2027 | 37940XAP7 | 60,000.00 | $60,886.28 | 0.25% |
| Goldman Sachs Group Inc/The 4.482% 08/23/2028 | 38141GZU1 | 61,000.00 | $61,265.90 | 0.25% |
| Gray Oak Pipeline LLC 3.45% 10/15/2027 | 38937LAB7 | 63,000.00 | $60,815.52 | 0.25% |
| Guardian Life Global Funding 1.25% 11/19/2027 | 40139LBA0 | 67,000.00 | $61,296.96 | 0.25% |
| HF Sinclair Corp 5% 02/01/2028 | 403949AQ3 | 61,000.00 | $60,758.17 | 0.25% |
| HP Inc 3% 06/17/2027 | 40434LAB1 | 63,000.00 | $60,903.86 | 0.25% |
| Hasbro Inc 3.5% 09/15/2027 | 418056AV9 | 64,000.00 | $62,307.85 | 0.25% |
| HAT Holdings I LLC / HAT Holdings II LLC 8% 06/15/2027 | 418751AL7 | 59,000.00 | $62,355.86 | 0.25% |
| Healthcare Realty Holdings LP 3.75% 07/01/2027 | 42225UAF1 | 63,000.00 | $61,600.11 | 0.25% |
| Heineken NV 3.5% 01/29/2028 | 423012AF0 | 62,000.00 | $60,813.95 | 0.25% |
| Helmerich & Payne Inc 4.65% 12/01/2027 | 423452AH4 | 61,000.00 | $60,994.13 | 0.25% |
| Hess Corp 4.3% 04/01/2027 | 42809HAG2 | 61,000.00 | $60,925.19 | 0.25% |
| Hewlett Packard Enterprise Co 4.4% 09/25/2027 | 42824CBS7 | 62,000.00 | $62,005.72 | 0.25% |
| Highwoods Realty LP 4.125% 03/15/2028 | 431282AQ5 | 63,000.00 | $61,001.09 | 0.25% |
| Home Depot Inc/The 4.875% 06/25/2027 | 437076DB5 | 59,000.00 | $60,451.29 | 0.25% |
| Honeywell International Inc 4.65% 07/30/2027 | 438516CX2 | 61,000.00 | $62,129.48 | 0.25% |
| Humana Inc 5.75% 03/01/2028 | 444859BU5 | 59,000.00 | $61,167.65 | 0.25% |
| Huntington Ingalls Industries Inc 3.483% 12/01/2027 | 446413AL0 | 62,000.00 | $60,290.18 | 0.25% |
| Illumina Inc 5.75% 12/13/2027 | 452327AP4 | 60,000.00 | $62,239.34 | 0.25% |
| Ingersoll Rand Inc 5.197% 06/15/2027 | 45687VAC0 | 59,000.00 | $60,409.28 | 0.25% |
| Intel Corp 4.875% 02/10/2028 | 458140CE8 | 60,000.00 | $60,486.47 | 0.25% |
| International Flavors & Fragrances Inc 1.832% 10/15/2027 | 459506AP6 | 65,000.00 | $60,094.80 | 0.25% |
| Intuit Inc 1.35% 07/15/2027 | 46124HAC0 | 65,000.00 | $60,570.03 | 0.25% |
| ITC Holdings Corp 4.95% 09/22/2027 | 465685AR6 | 61,000.00 | $61,860.95 | 0.25% |
| JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl 5.125% 02/01/2028 | 46590XAZ9 | 61,000.00 | $61,739.56 | 0.25% |
| Jabil Inc 4.25% 05/15/2027 | 466313AM5 | 61,000.00 | $60,591.40 | 0.25% |
| JPMorgan Chase & Co 4.851% 07/25/2028 | 46647PDG8 | 60,000.00 | $60,951.34 | 0.25% |
| Jackson Financial Inc 5.17% 06/08/2027 | 46817MAR8 | 60,000.00 | $60,770.45 | 0.25% |
| Jefferies Financial Group Inc 6.45% 06/08/2027 | 472319AE2 | 59,000.00 | $62,021.56 | 0.25% |
| Johnson & Johnson 0.95% 09/01/2027 | 478160CP7 | 65,000.00 | $60,091.37 | 0.25% |
| Kaiser Foundation Hospitals 3.15% 05/01/2027 | 48305QAC7 | 62,000.00 | $60,738.43 | 0.25% |
| Kellanova 3.4% 11/15/2027 | 487836BU1 | 62,000.00 | $60,570.25 | 0.25% |
| Kenvue Inc 5.05% 03/22/2028 | 49177JAF9 | 59,000.00 | $61,017.00 | 0.25% |
| Keysight Technologies Inc 4.6% 04/06/2027 | 49338LAE3 | 60,000.00 | $60,321.22 | 0.25% |
| Kimberly-Clark Corp 1.05% 09/15/2027 | 494368CC5 | 67,000.00 | $61,640.97 | 0.25% |
| Kimco Realty OP LLC 1.9% 03/01/2028 | 49446RAX7 | 67,000.00 | $61,713.34 | 0.25% |
| Kinder Morgan Inc 4.3% 03/01/2028 | 49456BAP6 | 61,000.00 | $61,060.32 | 0.25% |
| Kinross Gold Corp 4.5% 07/15/2027 | 496902AQ0 | 61,000.00 | $61,104.60 | 0.25% |
| Kirby Corp 4.2% 03/01/2028 | 497266AC0 | 62,000.00 | $61,281.78 | 0.25% |
| Kraft Heinz Foods Co 3.875% 05/15/2027 | 50077LBC9 | 62,000.00 | $61,478.49 | 0.25% |
| LPL Holdings Inc 5.7% 05/20/2027 | 50212YAJ3 | 59,000.00 | $60,235.29 | 0.25% |
| Laboratory Corp of America Holdings 3.6% 09/01/2027 | 50540RAU6 | 63,000.00 | $61,784.84 | 0.25% |
| Rheinland-Pfalz Bank 6.875% 02/23/2028 | 514887AB4 | 57,000.00 | $61,545.04 | 0.25% |
| Las Vegas Sands Corp 5.9% 06/01/2027 | 517834AJ6 | 59,000.00 | $60,519.00 | 0.25% |
| Eni USA Inc 7.3% 11/15/2027 | 51808BAE2 | 56,000.00 | $60,646.09 | 0.25% |
| Leggett & Platt Inc 3.5% 11/15/2027 | 524660AY3 | 64,000.00 | $61,455.44 | 0.25% |
| Lennar Corp 4.75% 11/29/2027 | 526057CD4 | 60,000.00 | $60,661.62 | 0.25% |
| Lennox International Inc 1.7% 08/01/2027 | 526107AF4 | 65,000.00 | $60,555.16 | 0.25% |
| Lincoln National Corp 3.8% 03/01/2028 | 534187BH1 | 62,000.00 | $60,871.84 | 0.25% |
| Lockheed Martin Corp 5.1% 11/15/2027 | 539830BV0 | 59,000.00 | $60,954.94 | 0.25% |
| Lowe's Cos Inc 3.1% 05/03/2027 | 548661DP9 | 62,000.00 | $60,420.81 | 0.25% |
| MPLX LP 4% 03/15/2028 | 55336VAR1 | 62,000.00 | $61,129.21 | 0.25% |
| Macquarie Bank Ltd 5.272% 07/02/2027 | 55608PBT0 | 59,000.00 | $60,811.81 | 0.25% |
| Main Street Capital Corp 6.5% 06/04/2027 | 56035LAJ3 | 59,000.00 | $60,205.50 | 0.25% |
| Manulife Financial Corp 2.484% 05/19/2027 | 56501RAK2 | 63,000.00 | $60,221.43 | 0.25% |
| Marathon Oil Corp 4.4% 07/15/2027 | 565849AP1 | 62,000.00 | $62,037.80 | 0.25% |
| Markel Group Inc 3.5% 11/01/2027 | 570535AR5 | 62,000.00 | $60,466.01 | 0.25% |
| Marriott International Inc/MD 5% 10/15/2027 | 571903BJ1 | 59,000.00 | $60,161.66 | 0.25% |
| Martin Marietta Materials Inc 3.5% 12/15/2027 | 573284AT3 | 63,000.00 | $61,679.17 | 0.25% |
| Masco Corp 1.5% 02/15/2028 | 574599BS4 | 66,000.00 | $60,129.32 | 0.25% |
| Mastercard Inc 4.1% 01/15/2028 | 57636QBA1 | 61,000.00 | $61,295.34 | 0.25% |
| Mattel Inc 5.875% 12/15/2027 | 577081BD3 | 61,000.00 | $61,435.66 | 0.25% |
| McCormick & Co Inc/MD 3.4% 08/15/2027 | 579780AN7 | 62,000.00 | $60,691.04 | 0.25% |
| McDonald's Corp 3.5% 07/01/2027 | 58013MFP4 | 63,000.00 | $62,047.27 | 0.25% |
| McKesson Corp 3.95% 02/16/2028 | 581557BJ3 | 61,000.00 | $60,645.91 | 0.25% |
| Medtronic Global Holdings SCA 4.25% 03/30/2028 | 58507LBB4 | 60,000.00 | $60,436.20 | 0.25% |
| Merck & Co Inc 1.7% 06/10/2027 | 58933YBC8 | 64,000.00 | $60,579.47 | 0.25% |
| Meritage Homes Corp 5.125% 06/06/2027 | 59001ABA9 | 60,000.00 | $60,511.74 | 0.25% |
| Microsoft Corp 3.4% 06/15/2027 | 594918CQ5 | 62,000.00 | $61,489.78 | 0.25% |
| Mid-America Apartments LP 3.6% 06/01/2027 | 59523UAN7 | 62,000.00 | $61,107.22 | 0.25% |
| MidAmerican Energy Co 3.1% 05/01/2027 | 595620AQ8 | 62,000.00 | $60,597.93 | 0.25% |
| APA Infrastructure Ltd 4.25% 07/15/2027 | 00205GAD9 | 61,000.00 | $60,927.54 | 0.25% |
| AT&T Inc 2.3% 06/01/2027 | 00206RJX1 | 63,000.00 | $60,140.88 | 0.25% |
| Mitsubishi UFJ Financial Group Inc 3.961% 03/02/2028 | 606822AV6 | 62,000.00 | $61,576.61 | 0.25% |
| Moody's Corp 3.25% 01/15/2028 | 615369AM7 | 62,000.00 | $60,556.63 | 0.25% |
| Adobe Inc 4.85% 04/04/2027 | 00724PAE9 | 60,000.00 | $61,400.63 | 0.25% |
| Mosaic Co/The 4.05% 11/15/2027 | 61945CAG8 | 61,000.00 | $60,361.62 | 0.25% |
| Agilent Technologies Inc 4.2% 09/09/2027 | 00846UAQ4 | 61,000.00 | $61,101.43 | 0.25% |
| Air Lease Corp 5.3% 02/01/2028 | 00914AAU6 | 59,000.00 | $60,546.94 | 0.25% |
| Mutual of Omaha Cos Global Funding 5.35% 04/09/2027 | 62829D2D1 | 59,000.00 | $60,438.98 | 0.25% |
| NGPL PipeCo LLC 4.875% 08/15/2027 | 62912XAF1 | 61,000.00 | $61,202.98 | 0.25% |
| Aircastle Ltd 2.85% 01/26/2028 | 00928QAU5 | 65,000.00 | $60,744.13 | 0.25% |
| NRG Energy Inc 2.45% 12/02/2027 | 629377CP5 | 66,000.00 | $61,722.83 | 0.25% |
| NXP BV / NXP Funding LLC / NXP USA Inc 4.4% 06/01/2027 | 62954HBE7 | 60,000.00 | $60,110.34 | 0.25% |
| Albemarle Corp 4.65% 06/01/2027 | 012653AD3 | 60,000.00 | $60,188.78 | 0.25% |
| National Fuel Gas Co 3.95% 09/15/2027 | 636180BN0 | 62,000.00 | $60,914.38 | 0.25% |
| Alexandria Real Estate Equities Inc 3.95% 01/15/2028 | 015271AK5 | 63,000.00 | $61,960.94 | 0.25% |
| NNN REIT Inc 3.5% 10/15/2027 | 637417AK2 | 62,000.00 | $60,491.69 | 0.25% |
| National Rural Utilities Cooperative Finance Corp 4.8% 03/15/2028 | 63743HFG2 | 60,000.00 | $61,224.47 | 0.25% |
| Allegion US Holding Co Inc 3.55% 10/01/2027 | 01748NAE4 | 62,000.00 | $60,499.51 | 0.25% |
| NetApp Inc 2.375% 06/22/2027 | 64110DAJ3 | 63,000.00 | $60,056.57 | 0.25% |
| Alliant Energy Finance LLC 5.4% 06/06/2027 | 01882YAF3 | 59,000.00 | $60,348.80 | 0.25% |
| New Mountain Finance Corp 6.2% 10/15/2027 | 647551AG5 | 61,000.00 | $60,794.29 | 0.25% |
| Ally Financial Inc 7.1% 11/15/2027 | 02005NBR0 | 58,000.00 | $61,420.46 | 0.25% |
| New York Life Global Funding 4.85% 01/09/2028 | 64952WEY5 | 60,000.00 | $61,306.17 | 0.25% |
| Alphabet Inc 0.8% 08/15/2027 | 02079KAJ6 | 65,000.00 | $60,116.48 | 0.25% |
| Newcastle Coal Infrastructure Group Pty Ltd 4.4% 09/29/2027 | 65106WAA3 | 61,128.21 | $60,061.89 | 0.25% |
| Howmet Aerospace Inc 6.75% 01/15/2028 | 022249AU0 | 57,000.00 | $60,894.81 | 0.25% |
| NextEra Energy Capital Holdings Inc 3.55% 05/01/2027 | 65339KAT7 | 62,000.00 | $61,119.87 | 0.25% |
| Amazon.com Inc 3.15% 08/22/2027 | 023135BC9 | 62,000.00 | $60,781.04 | 0.25% |
| Ameren Corp 1.75% 03/15/2028 | 023608AK8 | 67,000.00 | $61,497.96 | 0.25% |
| Nokia Oyj 4.375% 06/12/2027 | 654902AE5 | 61,000.00 | $60,576.56 | 0.25% |
| American Electric Power Co Inc 5.75% 11/01/2027 | 025537AV3 | 59,000.00 | $61,561.52 | 0.25% |
| Norfolk Southern Corp 7.8% 05/15/2027 | 655844AJ7 | 57,000.00 | $62,031.73 | 0.25% |
| American National Group Inc 5% 06/15/2027 | 025676AM9 | 60,000.00 | $60,294.60 | 0.25% |
| Northern Trust Corp 4% 05/10/2027 | 665859AW4 | 60,000.00 | $60,008.84 | 0.25% |
| American Express Credit Corp 3.3% 05/03/2027 | 0258M0EL9 | 62,000.00 | $61,167.88 | 0.25% |
| Northrop Grumman Corp 3.25% 01/15/2028 | 666807BN1 | 64,000.00 | $62,106.69 | 0.25% |
| American Honda Finance Corp 2% 03/24/2028 | 02665WDW8 | 66,000.00 | $61,319.71 | 0.25% |
| Northwestern Mutual Global Funding 4.35% 09/15/2027 | 66815L2K4 | 61,000.00 | $61,611.58 | 0.25% |
| Novartis Capital Corp 3.1% 05/17/2027 | 66989HAN8 | 63,000.00 | $61,798.61 | 0.25% |
| American Tower Corp 3.55% 07/15/2027 | 03027XAP5 | 62,000.00 | $60,686.26 | 0.25% |
| Nucor Corp 4.3% 05/23/2027 | 670346AY1 | 60,000.00 | $60,289.73 | 0.25% |
| American Water Capital Corp 2.95% 09/01/2027 | 03040WAQ8 | 63,000.00 | $61,106.04 | 0.25% |
| Nutrien Ltd 4.9% 03/27/2028 | 67077MBA5 | 59,000.00 | $60,114.13 | 0.25% |
| Cencora Inc 3.45% 12/15/2027 | 03073EAP0 | 62,000.00 | $60,525.83 | 0.25% |
| O'Reilly Automotive Inc 3.6% 09/01/2027 | 67103HAF4 | 63,000.00 | $62,002.56 | 0.25% |
| Amgen Inc 5.15% 03/02/2028 | 031162DP2 | 59,000.00 | $60,685.83 | 0.25% |
| Occidental Petroleum Corp 5% 08/01/2027 | 674599EH4 | 60,000.00 | $60,735.66 | 0.25% |
| Amphenol Corp 5.05% 04/05/2027 | 032095AN1 | 59,000.00 | $60,370.00 | 0.25% |
| Omega Healthcare Investors Inc 4.5% 04/01/2027 | 681936BF6 | 61,000.00 | $60,594.15 | 0.25% |
| Andrew W Mellon Foundation/The 0.947% 08/01/2027 | 03444RAB4 | 67,000.00 | $61,840.66 | 0.25% |
| ONEOK Inc 4.25% 09/24/2027 | 682680CB7 | 62,000.00 | $61,936.12 | 0.25% |
| Elevance Health Inc 3.65% 12/01/2027 | 036752AB9 | 63,000.00 | $62,021.66 | 0.25% |
| Open Text Corp 6.9% 12/01/2027 | 683715AF3 | 57,000.00 | $59,964.51 | 0.25% |
| Boston Gas Co 3.15% 08/01/2027 | 100743AK9 | 65,000.00 | $62,612.52 | 0.26% |
| South Bow USA Infrastructure Holdings LLC 4.911% 09/01/2027 | 83007CAA0 | 62,000.00 | $62,398.99 | 0.26% |
| CNA Financial Corp 3.45% 08/15/2027 | 126117AU4 | 64,000.00 | $62,571.57 | 0.26% |
| State Street Corp 4.53% 02/20/2029 | 857477CN1 | 62,000.00 | $62,530.99 | 0.26% |
| Constellation Brands Inc 3.6% 02/15/2028 | 21036PAY4 | 64,000.00 | $62,531.34 | 0.26% |
| Cox Communications Inc 3.5% 08/15/2027 | 224044CJ4 | 64,000.00 | $62,441.55 | 0.26% |
| Duquesne Light Holdings Inc 3.616% 08/01/2027 | 266233AG0 | 64,000.00 | $62,392.44 | 0.26% |
| Eaton Corp 3.103% 09/15/2027 | 278062AG9 | 64,000.00 | $62,441.83 | 0.26% |
| Entergy Louisiana LLC 3.12% 09/01/2027 | 29364WAZ1 | 64,000.00 | $62,408.33 | 0.26% |
| FedEx Corp 3.4% 02/15/2028 | 31428XBP0 | 64,000.00 | $62,378.83 | 0.26% |
| Hubbell Inc 3.5% 02/15/2028 | 443510AJ1 | 64,000.00 | $62,454.86 | 0.26% |
| Kroger Co/The 4.6% 08/15/2027 | 501044DS7 | 62,000.00 | $62,456.01 | 0.26% |
| Lear Corp 3.8% 09/15/2027 | 521865AY1 | 64,000.00 | $62,843.48 | 0.26% |
| Eli Lilly & Co 4.15% 08/14/2027 | 532457CP1 | 62,000.00 | $62,471.55 | 0.26% |
| Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd 6.5% 06/20/2027 | 599191AA1 | 62,850.00 | $63,735.56 | 0.26% |
| Motorola Solutions Inc 4.6% 02/23/2028 | 620076BL2 | 62,000.00 | $62,547.57 | 0.26% |
| Alabama Power Co 3.75% 09/01/2027 | 010392FY9 | 63,000.00 | $62,695.52 | 0.26% |
| Alimentation Couche-Tard Inc 3.55% 07/26/2027 | 01626PAH9 | 64,000.00 | $62,584.73 | 0.26% |
| American Homes 4 Rent LP 4.25% 02/15/2028 | 02666TAA5 | 63,000.00 | $62,368.72 | 0.26% |
| Cash & Other | Cash&Other | 256,276.26 | $256,276.26 | 1.05% |
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 3-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 three years. In order to qualify for selection, securities must be TRACE eligible with at least $300 million face amount outstanding and have at least 2.5 years but less than 3.5 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.
Distributed by Quasar Distributors, LLC
