| 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 | $0.26312100 | Dividend | 03/28/2024 | 04/01/2024 | 04/02/2024 | 04/03/2024 | $0.19777240 | Dividend | 04/30/2024 | 05/01/2024 | 05/02/2024 | 05/03/2024 | $0.22045870 | Dividend | 05/31/2024 | 06/03/2024 | 06/03/2024 | 06/04/2024 | $0.21651225 | Dividend | 06/28/2024 | 07/01/2024 | 07/01/2024 | 07/02/2024 | $0.21101020 | Dividend | 07/31/2024 | 08/01/2024 | 08/01/2024 | 08/02/2024 | $0.20862750 | Dividend | 08/30/2024 | 09/03/2024 | 09/03/2024 | 09/04/2024 | $0.21100080 | Dividend | 09/30/2024 | 10/01/2024 | 10/01/2024 | 10/02/2024 | $0.18727575 | Dividend | 10/31/2024 | 11/01/2024 | 11/01/2024 | 11/04/2024 | $0.18940945 | Dividend | 11/29/2024 | 12/02/2024 | 12/02/2024 | 12/03/2024 | $0.19910227 | Dividend | 12/27/2024 | 12/30/2024 | 12/30/2024 | 12/31/2024 | $0.19758735 | Capital Gain | 12/27/2024 | 12/30/2024 | 12/30/2024 | 12/31/2024 | $x | Dividend | 01/31/2025 | 02/03/2025 | 02/03/2025 | 02/04/2025 | $0.20061816 | Dividend | 02/28/2025 | 03/03/2025 | 03/03/2025 | 03/04/2025 | $0.19767935 | Dividend | 03/31/2025 | 04/01/2025 | 04/01/2025 | 04/02/2025 | $x | Dividend | 04/30/2025 | 05/01/2025 | 05/01/2025 | 05/02/2025 | $x | Dividend | 05/30/2025 | 06/02/2025 | 06/02/2025 | 06/03/2025 | $x | Dividend | 06/30/2025 | 07/01/2025 | 07/01/2025 | 07/02/2025 | $x | Dividend | 07/31/2025 | 08/01/2025 | 08/01/2025 | 08/04/2025 | $x | Dividend | 08/29/2025 | 09/02/2025 | 09/02/2025 | 09/03/2025 | $x | Dividend | -- | 10/01/2025 | 10/01/2025 | 10/02/2025 | $x | Dividend | 10/31/2025 | 11/03/2025 | 11/03/2025 | 11/04/2025 | $x | Dividend | 12/29/2025 | 12/02/2025 | 12/02/2025 | 12/03/2025 | $x | Dividend | 12/29/2025 | 12/30/2025 | 12/30/2025 | 12/31/2025 | $x |
|---|
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | Since Inception | |
|---|---|---|---|---|---|---|
| nav | -.-% | 0.22% | 0.28% | 3.40% | -.-% | 5.20%-.-%% |
| mkt | -.-% | 0.21% | 0.28% | 3.45% | -.-% | 5.29%-.-%% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | Since Inception | |
|---|---|---|---|---|---|---|
| nav | 1.20% | 0.72% | 1.42% | 2.40% | 6.29% | 6.46%5.67% |
| mkt | 1.16% | 0.71% | 1.37% | 2.32% | 6.25% | 6.51%5.71% |
| Name | Symbol | Par Value | Market Value | Weightings (%) |
|---|---|---|---|---|
| PayPal Holdings Inc 2.65% 10/01/2026 | 70450YAD5 | 320,000.00 | $311,209.40 | 0.23% |
| Bain Capital Specialty Finance Inc 2.55% 10/13/2026 | 05684BAC1 | 326,000.00 | $312,745.18 | 0.23% |
| Principal Financial Group Inc 3.1% 11/15/2026 | 74251VAM4 | 320,000.00 | $311,607.71 | 0.23% |
| Progressive Corp/The 2.5% 03/15/2027 | 743315AY9 | 323,000.00 | $311,047.06 | 0.23% |
| Reliance Standard Life Global Funding II 1.512% 09/28/2026 | 75951AAQ1 | 322,000.00 | $305,110.09 | 0.23% |
| Boston Properties LP 2.75% 10/01/2026 | 10112RAY0 | 322,000.00 | $311,584.93 | 0.23% |
| Simon Property Group LP 3.375% 06/15/2027 | 828807DC8 | 320,000.00 | $311,948.99 | 0.23% |
| Cardinal Health Inc 3.41% 06/15/2027 | 14149YBJ6 | 321,000.00 | $312,673.20 | 0.23% |
| Crown Castle Inc 2.9% 03/15/2027 | 22822VAZ4 | 322,000.00 | $310,916.01 | 0.23% |
| DXC Technology Co 1.8% 09/15/2026 | 23355LAL0 | 328,000.00 | $312,344.57 | 0.23% |
| Element Fleet Management Corp 5.643% 03/13/2027 | 286181AM4 | 308,000.00 | $312,244.29 | 0.23% |
| Lowe's Cos Inc 3.1% 05/03/2027 | 548661DP9 | 321,000.00 | $311,221.09 | 0.23% |
| MidAmerican Energy Co 3.1% 05/01/2027 | 595620AQ8 | 320,000.00 | $311,293.91 | 0.23% |
| AEP Transmission Co LLC 3.1% 12/01/2026 | 00115AAE9 | 320,000.00 | $312,452.28 | 0.23% |
| NIKE Inc 2.75% 03/27/2027 | 654106AJ2 | 321,000.00 | $311,118.47 | 0.23% |
| NSTAR Electric Co 3.2% 05/15/2027 | 67021CAM9 | 321,000.00 | $312,190.10 | 0.23% |
| Atmos Energy Corp 3% 06/15/2027 | 049560AN5 | 323,000.00 | $312,535.85 | 0.23% |
| Autodesk Inc 3.5% 06/15/2027 | 052769AE6 | 320,000.00 | $312,521.24 | 0.23% |
| Pacific Gas and Electric Co 3.3% 03/15/2027 | 694308HS9 | 320,000.00 | $309,792.73 | 0.23% |
| Aviation Capital Group LLC 1.95% 09/20/2026 | 05369AAL5 | 336,000.00 | $321,672.39 | 0.24% |
| Avolon Holdings Funding Ltd 3.25% 02/15/2027 | 05401AAJ0 | 328,000.00 | $317,350.37 | 0.24% |
| BAT Capital Corp 3.557% 08/15/2027 | 05526DBB0 | 325,000.00 | $315,641.28 | 0.24% |
| Penske Truck Leasing Co Lp / PTL Finance Corp 4.4% 07/01/2027 | 709599BN3 | 323,000.00 | $320,174.30 | 0.24% |
| BHP Billiton Finance USA Ltd 5.25% 09/08/2026 | 055451BB3 | 318,000.00 | $321,257.24 | 0.24% |
| PepsiCo Inc 2.375% 10/06/2026 | 713448DN5 | 330,000.00 | $320,287.23 | 0.24% |
| BMW US Capital LLC 4.6% 08/13/2027 | 05565ECQ6 | 324,000.00 | $323,804.96 | 0.24% |
| Pfizer Inc 3% 12/15/2026 | 717081EA7 | 325,000.00 | $317,339.40 | 0.24% |
| Baker Hughes Holdings LLC / Baker Hughes Co-Obligor Inc 2.061% 12/15/2026 | 05724BAD1 | 336,000.00 | $322,332.66 | 0.24% |
| Phillips 66 Co 3.55% 10/01/2026 | 718547AF9 | 326,000.00 | $320,733.28 | 0.24% |
| Bank of America Corp 4.948% 07/22/2028 | 06051GKW8 | 320,000.00 | $321,452.55 | 0.24% |
| Plains All American Pipeline LP / PAA Finance Corp 4.5% 12/15/2026 | 72650RBL5 | 326,000.00 | $324,970.78 | 0.24% |
| Bank of Montreal 1.25% 09/15/2026 | 06368FAC3 | 330,000.00 | $314,054.46 | 0.24% |
| Bank of New York Mellon Corp/The 2.05% 01/26/2027 | 06406RBA4 | 333,000.00 | $319,485.40 | 0.24% |
| Procter & Gamble Co/The 1.9% 02/01/2027 | 742718FV6 | 334,000.00 | $320,417.68 | 0.24% |
| Bank of Nova Scotia/The 5.35% 12/07/2026 | 06418JAA9 | 315,000.00 | $318,422.19 | 0.24% |
| Barings BDC Inc 3.3% 11/23/2026 | 06759LAC7 | 332,000.00 | $319,727.98 | 0.24% |
| Prologis LP 2.125% 04/15/2027 | 74340XBN0 | 329,000.00 | $313,517.23 | 0.24% |
| Baxter International Inc 1.915% 02/01/2027 | 071813CL1 | 337,000.00 | $320,011.03 | 0.24% |
| Providence St Joseph Health Obligated Group 2.746% 10/01/2026 | 743756AB4 | 329,000.00 | $320,291.45 | 0.24% |
| Bayport Polymers LLC 4.743% 04/14/2027 | 073096AA7 | 327,000.00 | $325,539.40 | 0.24% |
| Public Service Electric and Gas Co 3% 05/15/2027 | 74456QBS4 | 330,000.00 | $320,603.56 | 0.24% |
| Public Storage Operating Co 1.5% 11/09/2026 | 74460DAG4 | 339,000.00 | $323,118.86 | 0.24% |
| Berkshire Hathaway Finance Corp 2.3% 03/15/2027 | 084664CZ2 | 332,000.00 | $319,520.31 | 0.24% |
| Berry Global Inc 1.65% 01/15/2027 | 08576PAF8 | 335,000.00 | $316,132.06 | 0.24% |
| QUALCOMM Inc 3.25% 05/20/2027 | 747525AU7 | 328,000.00 | $320,648.12 | 0.24% |
| Bio-Rad Laboratories Inc 3.3% 03/15/2027 | 090572AR9 | 328,000.00 | $319,058.77 | 0.24% |
| Quanta Services Inc 4.75% 08/09/2027 | 74762EAK8 | 324,000.00 | $323,763.38 | 0.24% |
| Black Hills Corp 3.15% 01/15/2027 | 092113AM1 | 326,000.00 | $316,621.92 | 0.24% |
| RPM International Inc 3.75% 03/15/2027 | 749685AV5 | 332,000.00 | $326,111.24 | 0.24% |
| Blackstone Private Credit Fund 2.625% 12/15/2026 | 09261HAD9 | 337,000.00 | $321,817.10 | 0.24% |
| Radian Group Inc 4.875% 03/15/2027 | 750236AW1 | 325,000.00 | $323,433.29 | 0.24% |
| Blackstone Secured Lending Fund 2.75% 09/16/2026 | 09261XAB8 | 331,000.00 | $319,123.51 | 0.24% |
| RTX Corp 5.75% 11/08/2026 | 75513ECT6 | 310,000.00 | $314,882.43 | 0.24% |
| BlackRock Funding Inc 4.6% 07/26/2027 | 09290DAH4 | 319,000.00 | $320,577.87 | 0.24% |
| Realty Income Corp 4.125% 10/15/2026 | 756109AR5 | 328,000.00 | $325,734.41 | 0.24% |
| Regency Centers LP 3.6% 02/01/2027 | 75884RAV5 | 324,000.00 | $317,730.54 | 0.24% |
| Boeing Co/The 5.04% 05/01/2027 | 097023CU7 | 324,000.00 | $324,182.43 | 0.24% |
| Reinsurance Group of America Inc 3.95% 09/15/2026 | 759351AM1 | 328,000.00 | $324,656.13 | 0.24% |
| BorgWarner Inc 2.65% 07/01/2027 | 099724AL0 | 338,000.00 | $321,705.27 | 0.24% |
| Boston Gas Co 3.15% 08/01/2027 | 100743AK9 | 329,000.00 | $316,143.15 | 0.24% |
| RenaissanceRe Finance Inc 3.45% 07/01/2027 | 75973QAA5 | 330,000.00 | $321,320.96 | 0.24% |
| BP Capital Markets America Inc 3.017% 01/16/2027 | 10373QAV2 | 326,000.00 | $317,385.87 | 0.24% |
| Roper Technologies Inc 3.8% 12/15/2026 | 776743AD8 | 320,000.00 | $315,332.10 | 0.24% |
| Brighthouse Financial Inc 3.7% 06/22/2027 | 10922NAC7 | 329,000.00 | $319,840.44 | 0.24% |
| Royal Bank of Canada 4.875% 01/19/2027 | 78016HZT0 | 318,000.00 | $319,562.89 | 0.24% |
| Ryder System Inc 2.85% 03/01/2027 | 78355HKT5 | 335,000.00 | $323,162.93 | 0.24% |
| Brixmor Operating Partnership LP 3.9% 03/15/2027 | 11120VAE3 | 331,000.00 | $324,611.75 | 0.24% |
| S&P Global Inc 2.45% 03/01/2027 | 78409VBH6 | 337,000.00 | $324,195.16 | 0.24% |
| Broadcom Corp / Broadcom Cayman Finance Ltd 3.875% 01/15/2027 | 11134LAH2 | 321,000.00 | $316,736.85 | 0.24% |
| SBL Holdings Inc 5.125% 11/13/2026 | 78432MAA3 | 326,000.00 | $321,760.43 | 0.24% |
| Burlington Northern Santa Fe LLC 3.25% 06/15/2027 | 12189LBA8 | 329,000.00 | $320,596.93 | 0.24% |
| Paramount Global 2.9% 01/15/2027 | 124857AR4 | 329,000.00 | $317,023.16 | 0.24% |
| Sabine Pass Liquefaction LLC 5% 03/15/2027 | 785592AS5 | 322,000.00 | $322,783.33 | 0.24% |
| CCL Industries Inc 3.25% 10/01/2026 | 124900AB7 | 326,000.00 | $319,073.78 | 0.24% |
| Sammons Financial Group Inc 4.45% 05/12/2027 | 79588TAC4 | 326,000.00 | $322,489.39 | 0.24% |
| CDW LLC / CDW Finance Corp 2.67% 12/01/2026 | 12513GBG3 | 334,000.00 | $321,648.55 | 0.24% |
| CF Industries Inc 4.5% 12/01/2026 | 12527GAH6 | 326,000.00 | $324,052.81 | 0.24% |
| Schlumberger Holdings Corp 5% 05/29/2027 | 806851AL5 | 315,000.00 | $317,466.52 | 0.24% |
| CGI Inc 1.45% 09/14/2026 | 12532HAC8 | 329,000.00 | $314,360.40 | 0.24% |
| Charles Schwab Corp/The 2.45% 03/03/2027 | 808513BY0 | 337,000.00 | $323,527.58 | 0.24% |
| Cigna Group/The 3.4% 03/01/2027 | 125523CB4 | 333,000.00 | $325,329.17 | 0.24% |
| Sealed Air Corp 1.573% 10/15/2026 | 81211KAZ3 | 340,000.00 | $322,517.68 | 0.24% |
| CMS Energy Corp 3.45% 08/15/2027 | 125896BS8 | 324,000.00 | $315,503.05 | 0.24% |
| Sempra 3.25% 06/15/2027 | 816851BA6 | 332,000.00 | $320,422.36 | 0.24% |
| CNA Financial Corp 3.45% 08/15/2027 | 126117AU4 | 325,000.00 | $316,012.58 | 0.24% |
| Conopco Inc 7.25% 12/15/2026 | 126149AD5 | 301,000.00 | $314,858.43 | 0.24% |
| Sherwin-Williams Co/The 3.45% 06/01/2027 | 824348AW6 | 328,000.00 | $319,837.68 | 0.24% |
| CSX Corp 3.25% 06/01/2027 | 126408HH9 | 329,000.00 | $320,165.19 | 0.24% |
| Shire Acquisitions Investments Ireland DAC 3.2% 09/23/2026 | 82481LAD1 | 320,000.00 | $313,244.95 | 0.24% |
| CVS Health Corp 1.3% 08/21/2027 | 126650DM9 | 348,000.00 | $319,907.35 | 0.24% |
| Smith & Nephew PLC 5.15% 03/20/2027 | 83192PAC2 | 320,000.00 | $321,851.16 | 0.24% |
| Smithfield Foods Inc 4.25% 02/01/2027 | 832248AZ1 | 324,000.00 | $318,465.08 | 0.24% |
| Camden Property Trust 5.85% 11/03/2026 | 133131BA9 | 317,000.00 | $323,071.85 | 0.24% |
| The Campbell's Company 5.2% 03/19/2027 | 134429BM0 | 319,000.00 | $322,234.23 | 0.24% |
| Canadian Natural Resources Ltd 3.85% 06/01/2027 | 136385AX9 | 326,000.00 | $319,926.73 | 0.24% |
| Southwest Airlines Co 5.125% 06/15/2027 | 844741BK3 | 316,000.00 | $317,395.60 | 0.24% |
| Canadian Pacific Railway Co 1.75% 12/02/2026 | 13645RBE3 | 339,000.00 | $323,160.67 | 0.24% |
| Leland Stanford Junior University/The 1.289% 06/01/2027 | 85440KAC8 | 338,000.00 | $317,367.42 | 0.24% |
| Cantor Fitzgerald LP 4.5% 04/14/2027 | 138616AK3 | 326,000.00 | $322,444.79 | 0.24% |
| Starbucks Corp 4.85% 02/08/2027 | 855244BG3 | 324,000.00 | $325,792.80 | 0.24% |
| Capital One Financial Corp 4.927% 05/10/2028 | 14040HCS2 | 325,000.00 | $324,690.58 | 0.24% |
| Stryker Corp 4.55% 02/10/2027 | 863667BJ9 | 324,000.00 | $323,808.54 | 0.24% |
| Cargill Inc 3.625% 04/22/2027 | 141781BV5 | 324,000.00 | $318,986.52 | 0.24% |
| Sysco Corp 3.25% 07/15/2027 | 871829BF3 | 332,000.00 | $322,085.48 | 0.24% |
| Carrier Global Corp 2.493% 02/15/2027 | 14448CAP9 | 331,000.00 | $318,335.88 | 0.24% |
| Castlelake Aviation Finance DAC 5% 04/15/2027 | 14856HAA6 | 314,000.00 | $316,872.16 | 0.24% |
| TJX Cos Inc/The 2.25% 09/15/2026 | 872540AQ2 | 330,000.00 | $319,783.12 | 0.24% |
| Caterpillar Financial Services Corp 5% 05/14/2027 | 14913UAL4 | 313,000.00 | $316,714.84 | 0.24% |
| T-Mobile USA Inc 3.75% 04/15/2027 | 87264ABD6 | 326,000.00 | $320,239.64 | 0.24% |
| Cenovus Energy Inc 4.25% 04/15/2027 | 15135UAM1 | 326,000.00 | $323,178.89 | 0.24% |
| Take-Two Interactive Software Inc 3.7% 04/14/2027 | 874054AG4 | 325,000.00 | $318,576.71 | 0.24% |
| CenterPoint Energy Houston Electric LLC 3% 02/01/2027 | 15189XAR9 | 325,000.00 | $316,665.56 | 0.24% |
| Charter Communications Operating LLC / Charter Communications Operating Capital 6.15% 11/10/2026 | 161175CM4 | 318,000.00 | $323,362.30 | 0.24% |
| Target Corp 1.95% 01/15/2027 | 87612EBM7 | 333,000.00 | $319,330.74 | 0.24% |
| Cheniere Corpus Christi Holdings LLC 5.125% 06/30/2027 | 16412XAG0 | 317,000.00 | $318,635.98 | 0.24% |
| Chevron Phillips Chemical Co LLC / Chevron Phillips Chemical Co LP 3.4% 12/01/2026 | 166754AP6 | 327,000.00 | $320,762.56 | 0.24% |
| TELUS Corp 2.8% 02/16/2027 | 87971MBD4 | 330,000.00 | $317,733.38 | 0.24% |
| Chevron Corp 1.995% 05/11/2027 | 166764BX7 | 338,000.00 | $322,689.04 | 0.24% |
| Texas Instruments Inc 4.6% 02/08/2027 | 882508CE2 | 324,000.00 | $325,608.41 | 0.24% |
| Church & Dwight Co Inc 3.15% 08/01/2027 | 171340AN2 | 325,000.00 | $316,353.76 | 0.24% |
| Textron Inc 3.65% 03/15/2027 | 883203BX8 | 333,000.00 | $325,762.23 | 0.24% |
| Cintas Corp No 2 3.7% 04/01/2027 | 17252MAN0 | 326,000.00 | $320,935.72 | 0.24% |
| 3M Co 2.25% 09/19/2026 | 88579YAV3 | 328,000.00 | $316,883.08 | 0.24% |
| Citadel LP 4.875% 01/15/2027 | 17288XAB0 | 325,000.00 | $323,961.14 | 0.24% |
| Toll Brothers Finance Corp 4.875% 03/15/2027 | 88947EAS9 | 323,000.00 | $322,393.84 | 0.24% |
| Tapestry Inc 4.125% 07/15/2027 | 189754AC8 | 327,000.00 | $320,683.05 | 0.24% |
| Toronto-Dominion Bank/The 4.108% 06/08/2027 | 89115A2C5 | 323,000.00 | $319,503.20 | 0.24% |
| CNO Global Funding 5.875% 06/04/2027 | 18977W2D1 | 318,000.00 | $325,017.06 | 0.24% |
| Toyota Motor Credit Corp 3.05% 03/22/2027 | 89236TJZ9 | 328,000.00 | $319,162.04 | 0.24% |
| Coca-Cola Co/The 1.45% 06/01/2027 | 191216CU2 | 336,000.00 | $316,448.86 | 0.24% |
| Transcanada Trust 5.3% 03/15/2077 | 89356BAC2 | 333,000.00 | $321,883.26 | 0.24% |
| Colgate-Palmolive Co 3.1% 08/15/2027 | 194162AN3 | 325,000.00 | $316,633.32 | 0.24% |
| Transurban Finance Co Pty Ltd 3.375% 03/22/2027 | 89400PAG8 | 327,000.00 | $318,424.03 | 0.24% |
| Comcast Corp 2.35% 01/15/2027 | 20030NBW0 | 331,000.00 | $318,746.57 | 0.24% |
| Conagra Brands Inc 5.3% 10/01/2026 | 205887CJ9 | 320,000.00 | $322,599.38 | 0.24% |
| Tyco Electronics Group SA 3.125% 08/15/2027 | 902133AU1 | 327,000.00 | $316,609.32 | 0.24% |
| Constellation Brands Inc 4.35% 05/09/2027 | 21036PBK3 | 320,000.00 | $318,105.47 | 0.24% |
| Continental Resources Inc/OK 2.268% 11/15/2026 | 212015AU5 | 337,000.00 | $321,959.11 | 0.24% |
| UDR Inc 3.5% 07/01/2027 | 90265EAM2 | 322,000.00 | $313,534.64 | 0.24% |
| Corebridge Financial Inc 3.65% 04/05/2027 | 21871XAD1 | 325,000.00 | $318,515.18 | 0.24% |
| Union Pacific Corp 2.15% 02/05/2027 | 907818FJ2 | 333,000.00 | $319,420.15 | 0.24% |
| Costco Wholesale Corp 1.375% 06/20/2027 | 22160KAN5 | 338,000.00 | $316,515.71 | 0.24% |
| United Parcel Service Inc 2.4% 11/15/2026 | 911312AY2 | 323,000.00 | $313,010.07 | 0.24% |
| Cox Communications Inc 3.5% 08/15/2027 | 224044CJ4 | 326,000.00 | $316,651.38 | 0.24% |
| Universal Health Services Inc 1.65% 09/01/2026 | 913903AZ3 | 341,000.00 | $325,610.17 | 0.24% |
| Valero Energy Corp 3.4% 09/15/2026 | 91913YAU4 | 326,000.00 | $320,436.26 | 0.24% |
| DR Horton Inc 1.3% 10/15/2026 | 23331ABQ1 | 332,000.00 | $315,349.07 | 0.24% |
| Veralto Corp 5.5% 09/18/2026 | 92338CAB9 | 318,000.00 | $321,575.84 | 0.24% |
| Darden Restaurants Inc 3.85% 05/01/2027 | 237194AL9 | 325,000.00 | $318,972.24 | 0.24% |
| Verizon Communications Inc 4.125% 03/16/2027 | 92343VDY7 | 327,000.00 | $324,363.39 | 0.24% |
| John Deere Capital Corp 4.2% 07/15/2027 | 24422EXV6 | 322,000.00 | $320,728.92 | 0.24% |
| Viatris Inc 2.3% 06/22/2027 | 92556VAC0 | 346,000.00 | $323,980.57 | 0.24% |
| Dell International LLC / EMC Corp 4.9% 10/01/2026 | 24703TAE6 | 323,000.00 | $323,354.66 | 0.24% |
| VICI Properties LP / VICI Note Co Inc 4.25% 12/01/2026 | 92564RAA3 | 324,000.00 | $319,695.43 | 0.24% |
| Diamondback Energy Inc 5.2% 04/18/2027 | 25278XAX7 | 320,000.00 | $322,829.60 | 0.24% |
| Videotron Ltd 5.125% 04/15/2027 | 92660FAK0 | 325,000.00 | $324,782.61 | 0.24% |
| Digital Realty Trust LP 3.7% 08/15/2027 | 25389JAR7 | 324,000.00 | $316,947.32 | 0.24% |
| TWDC Enterprises 18 Corp 2.95% 06/15/2027 | 25468PDV5 | 323,000.00 | $312,942.30 | 0.24% |
| Visa Inc 1.9% 04/15/2027 | 92826CAL6 | 329,000.00 | $313,678.51 | 0.24% |
| Discover Financial Services 4.1% 02/09/2027 | 254709AM0 | 322,000.00 | $317,599.38 | 0.24% |
| Vistra Operations Co LLC 3.7% 01/30/2027 | 92840VAG7 | 326,000.00 | $318,172.86 | 0.24% |
| Dollar General Corp 3.875% 04/15/2027 | 256677AE5 | 324,000.00 | $318,036.92 | 0.24% |
| VMware LLC 3.9% 08/21/2027 | 928563AC9 | 322,000.00 | $314,592.54 | 0.24% |
| Vulcan Materials Co 3.9% 04/01/2027 | 929160AT6 | 326,000.00 | $321,579.73 | 0.24% |
| Duquesne Light Holdings Inc 3.616% 08/01/2027 | 266233AG0 | 327,000.00 | $316,646.27 | 0.24% |
| WEA Finance LLC 2.875% 01/15/2027 | 92928QAH1 | 331,000.00 | $318,059.42 | 0.24% |
| ERP Operating LP 2.85% 11/01/2026 | 26884ABF9 | 329,000.00 | $320,267.98 | 0.24% |
| WP Carey Inc 4.25% 10/01/2026 | 92936UAE9 | 319,000.00 | $316,685.02 | 0.24% |
| WEC Energy Group Inc 5.6% 09/12/2026 | 92939UAM8 | 317,000.00 | $320,947.08 | 0.24% |
| EPR Properties 4.5% 06/01/2027 | 26884UAD1 | 324,000.00 | $319,639.61 | 0.24% |
| Walmart Inc 1.05% 09/17/2026 | 931142ER0 | 339,000.00 | $323,249.58 | 0.24% |
| eBay Inc 3.6% 06/05/2027 | 278642AU7 | 328,000.00 | $320,956.17 | 0.24% |
| Welltower OP LLC 2.7% 02/15/2027 | 95040QAK0 | 329,000.00 | $317,663.95 | 0.24% |
| Ecolab Inc 2.7% 11/01/2026 | 278865AV2 | 329,000.00 | $320,034.74 | 0.24% |
| Edison International 5.75% 06/15/2027 | 281020AN7 | 321,000.00 | $320,808.22 | 0.24% |
| Westinghouse Air Brake Technologies Corp 3.45% 11/15/2026 | 960386AL4 | 326,000.00 | $319,519.43 | 0.24% |
| Emerson Electric Co 0.875% 10/15/2026 | 291011BP8 | 342,000.00 | $323,835.09 | 0.24% |
| Enbridge Inc 5.25% 04/05/2027 | 29250NCA1 | 311,000.00 | $314,131.05 | 0.24% |
| Energy Transfer LP 6.05% 12/01/2026 | 29273VAR1 | 318,000.00 | $324,158.39 | 0.24% |
| Woodside Finance Ltd 3.7% 09/15/2026 | 980236AN3 | 326,000.00 | $321,327.56 | 0.24% |
| Enstar Finance LLC 5.5% 01/15/2042 | 29360AAB6 | 322,000.00 | $314,909.79 | 0.24% |
| Entergy Corp 2.95% 09/01/2026 | 29364GAJ2 | 331,000.00 | $322,730.72 | 0.24% |
| Xcel Energy Inc 1.75% 03/15/2027 | 98388MAB3 | 341,000.00 | $321,706.01 | 0.24% |
| Enterprise Products Operating LLC 4.6% 01/11/2027 | 29379VCE1 | 324,000.00 | $324,484.18 | 0.24% |
| Equinix Inc 2.9% 11/18/2026 | 29444UBD7 | 330,000.00 | $320,107.15 | 0.24% |
| Zimmer Biomet Holdings Inc 4.7% 02/19/2027 | 98956PBA9 | 323,000.00 | $323,311.28 | 0.24% |
| Equinor ASA 3% 04/06/2027 | 29446MAE2 | 328,000.00 | $319,700.17 | 0.24% |
| Suzano International Finance BV 5.5% 01/17/2027 | N8438JAB4 | 321,000.00 | $323,913.08 | 0.24% |
| Equitable Financial Life Global Funding 1.4% 08/27/2027 | 29449WAB3 | 352,000.00 | $325,773.25 | 0.24% |
| Essential Utilities Inc 4.8% 08/15/2027 | 29670GAJ1 | 322,000.00 | $322,508.87 | 0.24% |
| Estee Lauder Cos Inc/The 3.15% 03/15/2027 | 29736RAJ9 | 327,000.00 | $318,306.27 | 0.24% |
| Exelon Corp 2.75% 03/15/2027 | 30161NBB6 | 332,000.00 | $319,705.71 | 0.24% |
| Expedia Group Inc 4.625% 08/01/2027 | 30212PBK0 | 324,000.00 | $322,963.44 | 0.24% |
| Exxon Mobil Corp 3.294% 03/19/2027 | 30231GBJ0 | 326,000.00 | $320,024.01 | 0.24% |
| FMC Corp 3.2% 10/01/2026 | 302491AT2 | 328,000.00 | $319,433.36 | 0.24% |
| FS KKR Capital Corp 3.25% 07/15/2027 | 302635AL1 | 330,000.00 | $315,036.08 | 0.24% |
| Meta Platforms Inc 3.5% 08/15/2027 | 30303M8G0 | 322,000.00 | $316,462.32 | 0.24% |
| FactSet Research Systems Inc 2.9% 03/01/2027 | 303075AA3 | 335,000.00 | $323,578.00 | 0.24% |
| F&G Global Funding 5.875% 06/10/2027 | 30321L2G6 | 320,000.00 | $325,465.06 | 0.24% |
| Federal Realty OP LP 3.25% 07/15/2027 | 313747AY3 | 324,000.00 | $313,619.04 | 0.24% |
| Fiserv Inc 2.25% 06/01/2027 | 337738BB3 | 331,000.00 | $314,567.58 | 0.24% |
| Flowers Foods Inc 3.5% 10/01/2026 | 343498AB7 | 333,000.00 | $325,722.75 | 0.24% |
| Fortis Inc/Canada 3.055% 10/04/2026 | 349553AM9 | 328,000.00 | $319,459.05 | 0.24% |
| GATX Corp 5.4% 03/15/2027 | 361448BP7 | 310,000.00 | $313,096.78 | 0.24% |
| General Dynamics Corp 3.5% 04/01/2027 | 369550BL1 | 326,000.00 | $320,374.98 | 0.24% |
| General Mills Inc 3.2% 02/10/2027 | 370334BZ6 | 327,000.00 | $318,648.05 | 0.24% |
| General Motors Financial Co Inc 5% 04/09/2027 | 37045XDW3 | 323,000.00 | $322,863.86 | 0.24% |
| Georgia-Pacific LLC 2.1% 04/30/2027 | 37331NAL5 | 330,000.00 | $313,953.72 | 0.24% |
| Glencore Funding LLC 4% 03/27/2027 | 378272AN8 | 327,000.00 | $322,199.98 | 0.24% |
| Global Payments Inc 2.15% 01/15/2027 | 37940XAG7 | 334,000.00 | $318,608.66 | 0.24% |
| Goldman Sachs Group Inc/The 1.948% 10/21/2027 | 38141GYM0 | 328,000.00 | $313,387.46 | 0.24% |
| Goldman Sachs BDC Inc 6.375% 03/11/2027 | 38147UAE7 | 312,000.00 | $318,211.24 | 0.24% |
| Golub Capital BDC Inc 2.05% 02/15/2027 | 38173MAC6 | 339,000.00 | $318,413.41 | 0.24% |
| Guardian Life Global Funding 1.4% 07/06/2027 | 40139LAH6 | 340,000.00 | $316,935.37 | 0.24% |
| HCA Inc 3.125% 03/15/2027 | 404119CH0 | 329,000.00 | $318,719.04 | 0.24% |
| HP Inc 3% 06/17/2027 | 40434LAB1 | 334,000.00 | $321,365.09 | 0.24% |
| Harley-Davidson Financial Services Inc 3.05% 02/14/2027 | 41283LBA2 | 333,000.00 | $319,532.69 | 0.24% |
| HAT Holdings I LLC / HAT Holdings II LLC 8% 06/15/2027 | 418751AL7 | 311,000.00 | $322,057.61 | 0.24% |
| Healthcare Realty Holdings LP 3.75% 07/01/2027 | 42225UAF1 | 322,000.00 | $314,021.00 | 0.24% |
| Healthpeak OP LLC 1.35% 02/01/2027 | 42250PAC7 | 342,000.00 | $321,484.20 | 0.24% |
| Hercules Capital Inc 3.375% 01/20/2027 | 427096AJ1 | 338,000.00 | $325,343.15 | 0.24% |
| Hess Corp 4.3% 04/01/2027 | 42809HAG2 | 328,000.00 | $325,033.75 | 0.24% |
| Hewlett Packard Enterprise Co 4.45% 09/25/2026 | 42824CBR9 | 325,000.00 | $323,701.64 | 0.24% |
| Hexcel Corp 4.2% 02/15/2027 | 428291AN8 | 324,000.00 | $319,184.79 | 0.24% |
| Honda Motor Co Ltd 2.534% 03/10/2027 | 438127AB8 | 339,000.00 | $325,979.55 | 0.24% |
| Honeywell International Inc 2.5% 11/01/2026 | 438516BL9 | 331,000.00 | $320,477.75 | 0.24% |
| Hormel Foods Corp 4.8% 03/30/2027 | 440452AK6 | 313,000.00 | $314,751.73 | 0.24% |
| Hubbell Inc 3.15% 08/15/2027 | 443510AH5 | 328,000.00 | $316,841.44 | 0.24% |
| Humana Inc 1.35% 02/03/2027 | 444859BQ4 | 343,000.00 | $321,814.81 | 0.24% |
| Hyatt Hotels Corp 5.75% 01/30/2027 | 448579AQ5 | 319,000.00 | $323,757.42 | 0.24% |
| Hyundai Capital America 5.25% 01/08/2027 | 44891ACT2 | 321,000.00 | $323,413.25 | 0.24% |
| Illinois Tool Works Inc 2.65% 11/15/2026 | 452308AX7 | 329,000.00 | $320,457.31 | 0.24% |
| Illumina Inc 4.65% 09/09/2026 | 452327AQ2 | 324,000.00 | $323,074.10 | 0.24% |
| Intel Corp 3.75% 08/05/2027 | 458140BY5 | 323,000.00 | $314,970.17 | 0.24% |
| Intuit Inc 5.25% 09/15/2026 | 46124HAE6 | 318,000.00 | $321,556.19 | 0.24% |
| JBS USA Holding Lux Sarl/ JBS USA Food Co/ JBS Lux Co Sarl 2.5% 01/15/2027 | 46590XAS5 | 332,000.00 | $318,209.38 | 0.24% |
| Jabil Inc 4.25% 05/15/2027 | 466313AM5 | 326,000.00 | $322,614.72 | 0.24% |
| Jefferies Financial Group Inc 4.85% 01/15/2027 | 47233JAG3 | 325,000.00 | $325,088.84 | 0.24% |
| Keurig Dr Pepper Inc 5.1% 03/15/2027 | 49271VAW0 | 320,000.00 | $322,771.12 | 0.24% |
| KeyCorp 2.25% 04/06/2027 | 49326EEK5 | 339,000.00 | $321,685.54 | 0.24% |
| Keysight Technologies Inc 4.6% 04/06/2027 | 49338LAE3 | 325,000.00 | $323,370.85 | 0.24% |
| Kinder Morgan Inc 1.75% 11/15/2026 | 49456BAU5 | 330,000.00 | $314,396.14 | 0.24% |
| Kite Realty Group LP 4% 10/01/2026 | 49803XAA1 | 326,000.00 | $322,469.43 | 0.24% |
| Kraft Heinz Foods Co 3.875% 05/15/2027 | 50077LBC9 | 324,000.00 | $318,627.73 | 0.24% |
| Kroger Co/The 2.65% 10/15/2026 | 501044DE8 | 330,000.00 | $319,972.90 | 0.24% |
| Kyndryl Holdings Inc 2.05% 10/15/2026 | 50155QAJ9 | 327,000.00 | $313,263.50 | 0.24% |
| LPL Holdings Inc 5.7% 05/20/2027 | 50212YAJ3 | 320,000.00 | $324,096.52 | 0.24% |
| Las Vegas Sands Corp 5.9% 06/01/2027 | 517834AJ6 | 313,000.00 | $317,278.40 | 0.24% |
| Lazard Group LLC 3.625% 03/01/2027 | 52107QAH8 | 332,000.00 | $324,971.38 | 0.24% |
| Lennox International Inc 1.7% 08/01/2027 | 526107AF4 | 342,000.00 | $318,384.13 | 0.24% |
| Lincoln National Corp 3.625% 12/12/2026 | 534187BF5 | 326,000.00 | $320,501.17 | 0.24% |
| M&T Bank Corp 4.553% 08/16/2028 | 55261FAQ7 | 326,000.00 | $322,811.23 | 0.24% |
| Macquarie Group Ltd 1.629% 09/23/2027 | 55607PAF2 | 329,000.00 | $313,958.61 | 0.24% |
| Warnermedia Holdings Inc 3.755% 03/15/2027 | 55903VBA0 | 334,000.00 | $324,725.18 | 0.24% |
| Main Street Capital Corp 6.5% 06/04/2027 | 56035LAJ3 | 310,000.00 | $316,088.02 | 0.24% |
| Manulife Financial Corp 2.484% 05/19/2027 | 56501RAK2 | 328,000.00 | $314,357.56 | 0.24% |
| Marathon Petroleum Corp 5.125% 12/15/2026 | 56585ABC5 | 317,000.00 | $318,748.29 | 0.24% |
| Marriott International Inc/MD 5.45% 09/15/2026 | 571903BM4 | 318,000.00 | $321,208.14 | 0.24% |
| Martin Marietta Materials Inc 3.45% 06/01/2027 | 573284AQ9 | 330,000.00 | $321,294.83 | 0.24% |
| Mastercard Inc 3.3% 03/26/2027 | 57636QAR5 | 327,000.00 | $320,526.66 | 0.24% |
| McCormick & Co Inc/MD 3.4% 08/15/2027 | 579780AN7 | 325,000.00 | $316,855.07 | 0.24% |
| Merck & Co Inc 1.7% 06/10/2027 | 58933YBC8 | 334,000.00 | $315,916.07 | 0.24% |
| Mercury General Corp 4.4% 03/15/2027 | 589400AB6 | 326,000.00 | $319,692.66 | 0.24% |
| Microsoft Corp 3.3% 02/06/2027 | 594918BY9 | 323,000.00 | $317,843.65 | 0.24% |
| Micron Technology Inc 4.185% 02/15/2027 | 595112BP7 | 321,000.00 | $317,499.72 | 0.24% |
| Aflac Inc 2.875% 10/15/2026 | 001055AQ5 | 327,000.00 | $318,403.65 | 0.24% |
| Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd 6.5% 06/20/2027 | 599191AA1 | 317,000.00 | $317,547.46 | 0.24% |
| AGCO Corp 5.45% 03/21/2027 | 001084AR3 | 310,000.00 | $313,127.11 | 0.24% |
| Mondelez International Inc 2.625% 03/17/2027 | 609207BA2 | 329,000.00 | $316,818.65 | 0.24% |
| Morgan Stanley Direct Lending Fund 4.5% 02/11/2027 | 61774AAD5 | 321,000.00 | $316,740.15 | 0.24% |
| Mutual of Omaha Cos Global Funding 5.35% 04/09/2027 | 62829D2D1 | 311,000.00 | $314,374.42 | 0.24% |
| AT&T Inc 2.3% 06/01/2027 | 00206RJX1 | 339,000.00 | $322,558.49 | 0.24% |
| NGPL PipeCo LLC 4.875% 08/15/2027 | 62912XAF1 | 325,000.00 | $323,223.87 | 0.24% |
| Abbott Laboratories 3.75% 11/30/2026 | 002824BF6 | 326,000.00 | $322,902.48 | 0.24% |
| AbbVie Inc 2.95% 11/21/2026 | 00287YBV0 | 327,000.00 | $319,033.23 | 0.24% |
| National Fuel Gas Co 5.5% 10/01/2026 | 636180BS9 | 311,000.00 | $313,569.24 | 0.24% |
| Adobe Inc 2.15% 02/01/2027 | 00724PAC3 | 332,000.00 | $319,457.88 | 0.24% |
| National Rural Utilities Cooperative Finance Corp 4.8% 02/05/2027 | 63743HFM9 | 324,000.00 | $325,906.63 | 0.24% |
| Air Lease Corp 2.2% 01/15/2027 | 00914AAR3 | 332,000.00 | $317,161.59 | 0.24% |
| NetApp Inc 2.375% 06/22/2027 | 64110DAJ3 | 331,000.00 | $314,561.01 | 0.24% |
| Air Products and Chemicals Inc 1.85% 05/15/2027 | 009158AY2 | 332,000.00 | $315,064.87 | 0.24% |
| New York Life Global Funding 5.45% 09/18/2026 | 64953BBF4 | 317,000.00 | $321,798.90 | 0.24% |
| Howmet Aerospace Inc 5.9% 02/01/2027 | 013817AJ0 | 317,000.00 | $323,755.90 | 0.24% |
| New York State Electric & Gas Corp 3.25% 12/01/2026 | 649840CQ6 | 321,000.00 | $313,163.99 | 0.24% |
| Alexandria Real Estate Equities Inc 3.95% 01/15/2027 | 015271AJ8 | 321,000.00 | $317,230.34 | 0.24% |
| Alimentation Couche-Tard Inc 3.55% 07/26/2027 | 01626PAH9 | 322,000.00 | $313,688.58 | 0.24% |
| Alliant Energy Finance LLC 5.4% 06/06/2027 | 01882YAF3 | 315,000.00 | $317,815.87 | 0.24% |
| NiSource Inc 3.49% 05/15/2027 | 65473QBE2 | 328,000.00 | $320,170.98 | 0.24% |
| Nokia Oyj 4.375% 06/12/2027 | 654902AE5 | 324,000.00 | $319,589.49 | 0.24% |
| Ally Financial Inc 4.75% 06/09/2027 | 02005NBQ2 | 320,000.00 | $318,177.60 | 0.24% |
| Norfolk Southern Corp 7.8% 05/15/2027 | 655844AJ7 | 301,000.00 | $320,647.03 | 0.24% |
| Alphabet Inc 0.8% 08/15/2027 | 02079KAJ6 | 347,000.00 | $319,869.37 | 0.24% |
| Northern Trust Corp 4% 05/10/2027 | 665859AW4 | 326,000.00 | $323,402.36 | 0.24% |
| Altria Group Inc 2.625% 09/16/2026 | 02209SAU7 | 329,000.00 | $319,198.67 | 0.24% |
| Northrop Grumman Corp 3.2% 02/01/2027 | 666807BK7 | 326,000.00 | $318,218.17 | 0.24% |
| Amazon.com Inc 3.15% 08/22/2027 | 023135BC9 | 325,000.00 | $316,120.65 | 0.24% |
| Northwestern Mutual Global Funding 5.07% 03/25/2027 | 66815L2R9 | 311,000.00 | $314,579.30 | 0.24% |
| Ameren Corp 5.7% 12/01/2026 | 023608AP7 | 312,000.00 | $316,389.43 | 0.24% |
| Novartis Capital Corp 2% 02/14/2027 | 66989HAQ1 | 334,000.00 | $320,050.16 | 0.24% |
| American National Group Inc 5% 06/15/2027 | 025676AM9 | 323,000.00 | $322,235.02 | 0.24% |
| American Express Credit Corp 3.3% 05/03/2027 | 0258M0EL9 | 328,000.00 | $319,922.63 | 0.24% |
| Nucor Corp 4.3% 05/23/2027 | 670346AY1 | 320,000.00 | $318,430.28 | 0.24% |
| American Tower Corp 3.375% 10/15/2026 | 03027XAK6 | 324,000.00 | $317,583.20 | 0.24% |
| NVIDIA Corp 3.2% 09/16/2026 | 67066GAE4 | 326,000.00 | $321,070.31 | 0.24% |
| Nutrien Ltd 4% 12/15/2026 | 67077MAE8 | 326,000.00 | $322,483.67 | 0.24% |
| Amgen Inc 2.2% 02/21/2027 | 031162CT5 | 335,000.00 | $320,585.58 | 0.24% |
| O'Reilly Automotive Inc 5.75% 11/20/2026 | 67103HAM9 | 319,000.00 | $324,381.04 | 0.24% |
| Amphenol Corp 5.05% 04/05/2027 | 032095AN1 | 320,000.00 | $323,272.52 | 0.24% |
| Oaktree Specialty Lending Corp 2.7% 01/15/2027 | 67401PAC2 | 336,000.00 | $319,243.09 | 0.24% |
| Analog Devices Inc 3.5% 12/05/2026 | 032654AN5 | 324,000.00 | $318,918.95 | 0.24% |
| Occidental Petroleum Corp 5% 08/01/2027 | 674599EH4 | 322,000.00 | $321,716.80 | 0.24% |
| Andrew W Mellon Foundation/The 0.947% 08/01/2027 | 03444RAB4 | 347,000.00 | $320,512.86 | 0.24% |
| Omega Healthcare Investors Inc 4.5% 04/01/2027 | 681936BF6 | 327,000.00 | $324,453.81 | 0.24% |
| Elevance Health Inc 4.5% 10/30/2026 | 036752BG7 | 326,000.00 | $325,495.72 | 0.24% |
| ONEOK Inc 5.55% 11/01/2026 | 682680BH5 | 320,000.00 | $323,615.90 | 0.24% |
| Oracle Corp 2.8% 04/01/2027 | 68389XBU8 | 327,000.00 | $315,227.32 | 0.24% |
| Apple Inc 3.35% 02/09/2027 | 037833CJ7 | 323,000.00 | $317,765.34 | 0.24% |
| ORIX Corp 3.7% 07/18/2027 | 686330AJ0 | 320,000.00 | $313,178.60 | 0.24% |
| Otis Worldwide Corp 2.293% 04/05/2027 | 68902VAJ6 | 328,000.00 | $313,419.45 | 0.24% |
| Arch Capital Finance LLC 4.011% 12/15/2026 | 03939CAA1 | 326,000.00 | $322,667.08 | 0.24% |
| Owens Corning 5.5% 06/15/2027 | 690742AN1 | 321,000.00 | $326,044.08 | 0.24% |
| Ares Capital Corp 7% 01/15/2027 | 04010LBE2 | 308,000.00 | $316,636.14 | 0.24% |
| Blue Owl Technology Finance Corp 2.5% 01/15/2027 | 691205AG3 | 342,000.00 | $322,230.06 | 0.24% |
| Blue Owl Credit Income Corp 4.7% 02/08/2027 | 69120VAF8 | 321,000.00 | $316,896.33 | 0.24% |
| Athene Global Funding 2.95% 11/12/2026 | 04685A2K6 | 330,000.00 | $320,248.38 | 0.24% |
| Blue Owl Capital Corp II 8.45% 11/15/2026 | 69121DAD2 | 306,000.00 | $320,913.86 | 0.24% |
| Blue Owl Capital Corp 2.625% 01/15/2027 | 69121KAF1 | 340,000.00 | $323,268.13 | 0.24% |
| PNC Financial Services Group Inc/The 6.615% 10/20/2027 | 693475BT1 | 312,000.00 | $320,847.15 | 0.24% |
| AutoZone Inc 3.75% 06/01/2027 | 053332AV4 | 326,000.00 | $320,008.28 | 0.24% |
| PACCAR Financial Corp 4.45% 08/06/2027 | 69371RT30 | 322,000.00 | $323,089.76 | 0.24% |
| Parker-Hannifin Corp 3.25% 03/01/2027 | 701094AJ3 | 339,000.00 | $331,047.85 | 0.25% |
| Philip Morris International Inc 4.75% 02/12/2027 | 718172DF3 | 325,000.00 | $326,162.17 | 0.25% |
| Becton Dickinson & Co 3.7% 06/06/2027 | 075887BW8 | 335,000.00 | $327,989.95 | 0.25% |
| PulteGroup Inc 5% 01/15/2027 | 745867AX9 | 327,000.00 | $328,463.79 | 0.25% |
| Boardwalk Pipelines LP 4.45% 07/15/2027 | 096630AF5 | 332,000.00 | $328,807.70 | 0.25% |
| Rogers Communications Inc 3.2% 03/15/2027 | 775109CG4 | 337,000.00 | $326,973.86 | 0.25% |
| Bristol-Myers Squibb Co 4.9% 02/22/2027 | 110122EE4 | 327,000.00 | $330,024.59 | 0.25% |
| SSM Health Care Corp 3.823% 06/01/2027 | 784710AA3 | 334,000.00 | $328,418.13 | 0.25% |
| Cboe Global Markets Inc 3.65% 01/12/2027 | 12503MAA6 | 335,000.00 | $330,308.77 | 0.25% |
| Santander Holdings USA Inc 4.4% 07/13/2027 | 80282KAP1 | 333,000.00 | $328,374.73 | 0.25% |
| Scentre Group Trust 1 / Scentre Group Trust 2 3.75% 03/23/2027 | 80622GAC8 | 333,000.00 | $326,343.91 | 0.25% |
| Shell International Finance BV 2.5% 09/12/2026 | 822582BX9 | 337,000.00 | $328,057.84 | 0.25% |
| CSL Finance PLC 3.85% 04/27/2027 | 12661PAA7 | 333,000.00 | $327,794.81 | 0.25% |
| Coterra Energy Inc 3.9% 05/15/2027 | 127097AG8 | 334,000.00 | $327,632.12 | 0.25% |
| Snap-on Inc 3.25% 03/01/2027 | 833034AK7 | 340,000.00 | $332,281.35 | 0.25% |
| Solventum Corp 5.45% 02/25/2027 | 83444MAN1 | 325,000.00 | $328,958.96 | 0.25% |
| Canadian Imperial Bank of Commerce 5.237% 06/28/2027 | 13607L8C0 | 323,000.00 | $326,809.29 | 0.25% |
| Sonoco Products Co 4.45% 09/01/2026 | 835495AQ5 | 336,000.00 | $334,074.71 | 0.25% |
| Steel Dynamics Inc 5% 12/15/2026 | 858119BF6 | 327,000.00 | $326,602.38 | 0.25% |
| TC PipeLines LP 3.9% 05/25/2027 | 87233QAC2 | 334,000.00 | $326,888.87 | 0.25% |
| Tanger Properties LP 3.125% 09/01/2026 | 875484AJ6 | 341,000.00 | $332,941.63 | 0.25% |
| Targa Resources Corp 5.2% 07/01/2027 | 87612KAA0 | 325,000.00 | $327,458.68 | 0.25% |
| Thermo Fisher Scientific Inc 5% 12/05/2026 | 883556CZ3 | 324,000.00 | $326,471.80 | 0.25% |
| Cisco Systems Inc 4.8% 02/26/2027 | 17275RBQ4 | 328,000.00 | $330,804.09 | 0.25% |
| Truist Financial Corp 4.123% 06/06/2028 | 89788MAG7 | 332,000.00 | $328,332.79 | 0.25% |
| Tyson Foods Inc 3.55% 06/02/2027 | 902494BC6 | 337,000.00 | $328,668.63 | 0.25% |
| US Bancorp 4.548% 07/22/2028 | 91159HJF8 | 331,000.00 | $329,679.06 | 0.25% |
| UnitedHealth Group Inc 3.45% 01/15/2027 | 91324PCW0 | 336,000.00 | $330,470.47 | 0.25% |
| CubeSmart LP 3.125% 09/01/2026 | 22966RAD8 | 339,000.00 | $331,108.77 | 0.25% |
| DCP Midstream Operating LP 5.625% 07/15/2027 | 23311VAJ6 | 322,000.00 | $326,301.13 | 0.25% |
| Ventas Realty LP 3.25% 10/15/2026 | 92277GAJ6 | 335,000.00 | $327,995.47 | 0.25% |
| DTE Energy Co 4.95% 07/01/2027 | 233331BM8 | 326,000.00 | $327,217.47 | 0.25% |
| VeriSign Inc 4.75% 07/15/2027 | 92343EAL6 | 330,000.00 | $328,450.66 | 0.25% |
| Virginia Electric and Power Co 3.5% 03/15/2027 | 927804FX7 | 333,000.00 | $326,608.49 | 0.25% |
| Duke Energy Corp 2.65% 09/01/2026 | 26441CAS4 | 342,000.00 | $332,362.08 | 0.25% |
| ERAC USA Finance LLC 3.3% 12/01/2026 | 26884TAR3 | 336,000.00 | $329,071.22 | 0.25% |
| Eaton Vance Corp 3.5% 04/06/2027 | 278265AE3 | 334,000.00 | $327,095.90 | 0.25% |
| Waste Management Inc 4.95% 07/03/2027 | 94106LBX6 | 324,000.00 | $327,856.36 | 0.25% |
| Evergy Kansas Central Inc 3.1% 04/01/2027 | 95709TAP5 | 337,000.00 | $327,355.25 | 0.25% |
| Westpac Banking Corp 4.043% 08/26/2027 | 961214FC2 | 333,000.00 | $331,051.01 | 0.25% |
| Williams Cos Inc/The 3.75% 06/15/2027 | 96949LAD7 | 336,000.00 | $329,221.25 | 0.25% |
| Willis North America Inc 4.65% 06/15/2027 | 970648AL5 | 328,000.00 | $327,652.94 | 0.25% |
| Workday Inc 3.5% 04/01/2027 | 98138HAG6 | 334,000.00 | $326,696.95 | 0.25% |
| Xylem Inc/NY 3.25% 11/01/2026 | 98419MAJ9 | 335,000.00 | $328,214.74 | 0.25% |
| Essex Portfolio LP 3.625% 05/01/2027 | 29717PAR8 | 335,000.00 | $327,989.92 | 0.25% |
| FirstEnergy Corp 4.15% 07/15/2027 | 337932AH0 | 337,000.00 | $329,782.33 | 0.25% |
| GAIF Bond Issuer Pty Ltd 3.4% 09/30/2026 | 361435AA8 | 334,000.00 | $327,505.31 | 0.25% |
| Georgia Power Co 5.004% 02/23/2027 | 373334KV2 | 330,000.00 | $333,188.76 | 0.25% |
| Gilead Sciences Inc 2.95% 03/01/2027 | 375558BM4 | 342,000.00 | $332,067.29 | 0.25% |
| Hasbro Inc 3.55% 11/19/2026 | 418056AY3 | 335,000.00 | $327,390.79 | 0.25% |
| Highwoods Realty LP 3.875% 03/01/2027 | 431282AP7 | 339,000.00 | $331,993.26 | 0.25% |
| Home Depot Inc/The 4.875% 06/25/2027 | 437076DB5 | 324,000.00 | $327,205.46 | 0.25% |
| Ingersoll Rand Inc 5.197% 06/15/2027 | 45687VAC0 | 323,000.00 | $326,183.65 | 0.25% |
| Ingredion Inc 3.2% 10/01/2026 | 457187AB8 | 335,000.00 | $327,818.48 | 0.25% |
| Jackson Financial Inc 5.17% 06/08/2027 | 46817MAR8 | 324,000.00 | $326,145.31 | 0.25% |
| Johnson & Johnson 2.95% 03/03/2027 | 478160CE2 | 340,000.00 | $332,156.66 | 0.25% |
| Kaiser Foundation Hospitals 3.15% 05/01/2027 | 48305QAC7 | 337,000.00 | $328,735.59 | 0.25% |
| Kimco Realty OP LLC 2.8% 10/01/2026 | 49446RAP4 | 337,000.00 | $327,970.17 | 0.25% |
| Kinross Gold Corp 4.5% 07/15/2027 | 496902AQ0 | 332,000.00 | $330,019.99 | 0.25% |
| L3Harris Technologies Inc 5.4% 01/15/2027 | 502431AP4 | 324,000.00 | $327,614.65 | 0.25% |
| LYB International Finance II BV 3.5% 03/02/2027 | 50247WAB3 | 342,000.00 | $334,223.95 | 0.25% |
| Lennar Corp 5% 06/15/2027 | 526057CV4 | 326,000.00 | $327,353.96 | 0.25% |
| Eli Lilly & Co 4.5% 02/09/2027 | 532457CJ5 | 325,000.00 | $326,147.73 | 0.25% |
| MPLX LP 4.125% 03/01/2027 | 55336VAK6 | 338,000.00 | $333,627.36 | 0.25% |
| McDonald's Corp 3.5% 07/01/2027 | 58013MFP4 | 337,000.00 | $329,642.95 | 0.25% |
| Meritage Homes Corp 5.125% 06/06/2027 | 59001ABA9 | 326,000.00 | $327,113.94 | 0.25% |
| Mid-America Apartments LP 3.6% 06/01/2027 | 59523UAN7 | 336,000.00 | $328,594.46 | 0.25% |
| APA Infrastructure Ltd 4.25% 07/15/2027 | 00205GAD9 | 333,000.00 | $329,425.42 | 0.25% |
| NXP BV / NXP Funding LLC / NXP USA Inc 4.4% 06/01/2027 | 62954HBE7 | 329,000.00 | $326,647.93 | 0.25% |
| NNN REIT Inc 3.6% 12/15/2026 | 637417AJ5 | 334,000.00 | $328,035.52 | 0.25% |
| Agilent Technologies Inc 3.05% 09/22/2026 | 00846UAK7 | 335,000.00 | $327,210.24 | 0.25% |
| Netflix Inc 4.375% 11/15/2026 | 64110LAN6 | 327,000.00 | $326,715.93 | 0.25% |
| Albemarle Corp 4.65% 06/01/2027 | 012653AD3 | 330,000.00 | $326,659.55 | 0.25% |
| NextEra Energy Capital Holdings Inc 3.55% 05/01/2027 | 65339KAT7 | 335,000.00 | $327,543.93 | 0.25% |
| Allstate Corp/The 3.28% 12/15/2026 | 020002BD2 | 337,000.00 | $329,061.17 | 0.25% |
| Ameriprise Financial Inc 2.875% 09/15/2026 | 03076CAH9 | 335,000.00 | $327,822.95 | 0.25% |
| Aon North America Inc 5.125% 03/01/2027 | 03740MAA8 | 329,000.00 | $331,452.27 | 0.25% |
| Applied Materials Inc 3.3% 04/01/2027 | 038222AL9 | 334,000.00 | $327,271.48 | 0.25% |
| Astrazeneca Finance LLC 4.8% 02/26/2027 | 04636NAK9 | 328,000.00 | $330,565.56 | 0.25% |
| AvalonBay Communities Inc 3.35% 05/15/2027 | 05348EBA6 | 337,000.00 | $328,583.42 | 0.25% |
| Cash & Other | Cash&Other | 1,429,528.36 | $1,429,528.36 | 1.07% |
F/m Investments, LLC (“F/m”) is an SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training.
The material contained on this website is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or investment strategy and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her financial professionals.
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 2-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 two years. In order to qualify for selection, securities must be TRACE eligible with at least $300 million face amount outstanding and have at least 1.5 years but less than 2.5 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
