Fund Facts  

Inception Date: Oct 30, 2007
Ticker Symbol: VPDAX
Registration Date: Oct 30, 2007
Morningstar Category:Allocation--30% to 50% Equity
As of Sep 30, 2016
Fund Net Assets ($millions) $915

Documents for Fund or Underlying Fund(s)  

Description

Objective  

Long-term capital growth

Principal Investment Strategies  

The Fund employs multiple investment strategies to seek long-term growth of capital, with lower volatility over time than that of stocks in general and a risk/return profile different from that of traditional asset classes, such as stocks and fixed income securities. In combination, the Fund’s investment strategies seek to provide investment exposure to U.S. and foreign convertible securities, stocks, fixed income securities, and real estate investment trusts (“REITS”) through direct investments or through the use of derivative instruments. The Fund currently uses the following investment strategies:

• Convertible Securities Strategy;
• Enhanced Equity Strategy;
• Low Duration-Plus Fixed Income Strategy; and
• Passive REIT Index Strategy.

Each of these investment strategies is described in more detail below.
• Convertible Securities Strategy—The Fund allocates a portion of its assets to a portfolio of convertible securities of U.S. or foreign companies (which may include issuers located in emerging market countries). Convertible securities, which include convertible bonds and convertible preferred stocks, possess investment characteristics of both stocks and bonds. The Fund’s subadvisers seek to invest in those convertible securities they believe represent an attractive risk/reward potential. The majority of these securities are rated below investment grade or are unrated. The Fund’s subadvisers also may invest in a combination of either convertible or non-convertible bonds, and common stocks or equity options, to seek to replicate the investment exposure of convertible securities or to seek to manage risk. The subadvisers implementing the Fund’s convertible securities strategy may also invest in other types of fixed income and equity securities, including “restricted” securities, such as Rule 144A securities.
• Enhanced Equity Strategy—Another portion of the Fund’s assets invests in a portfolio of Russell 2000® Index futures contracts and U.S. and foreign fixed income securities. This strategy’s subadviser utilizes Russell 2000 Index futures contracts or swap agreements to gain equity exposure, combined with purchasing U.S. and foreign fixed income securities seeking to generate returns in excess of the futures contracts’ or swap agreements’ implied financing costs. The Fund’s U.S. and foreign fixed income securities in this portion of the Fund’s portfolio (1) are held, in part, as collateral in conjunction with the Fund’s use of futures contracts; (2) may include government and agency securities, corporate bonds, mortgage-backed securities, asset-backed securities, and municipal securities; and (3) generally have a portfolio effective duration of no greater than three years. Effective duration is a measure of the expected change in value of a fixed income security for a given change in interest rates, and takes into account that expected cash flows will fluctuate as interest rates change. For example, the value of a fixed income security with an effective duration of two years would be expected to decline around 2% if interest rates rose by 1%. Conversely, the value of the same fixed income security would be expected to increase around 2% if interest rates fell by 1%. The fixed income securities in this portion of the Fund are generally investment grade securities.
• Low Duration-Plus Fixed Income Strategy—Another portion of the Fund’s portfolio invests in core short and intermediate maturity fixed income securities (including securities issued or guaranteed by the U.S. Government or foreign governments and their agencies or instrumentalities, and U.S. and foreign mortgage-backed and asset backed securities) that combined generally have a portfolio effective duration of no greater than three years.

The strategy’s core fixed income securities are generally investment grade securities (i.e., securities rated within the four highest grades by Standard & Poor’s, Moody’s Investors Service, Inc. (“Moody’s”), or Fitch Ratings (“Fitch”) or unrated securities that the subadviser determines are of comparable quality) that the subadviser to this portion of the Fund believes provide return opportunities because they are priced below fair market value relative to securities of similar credit quality and interest rate sensitivity. Plus, the strategy also incorporates investments in non-core sectors and securities which may include but are not limited to below investment grade and unrated securities, foreign securities, including securities of issuers located in emerging market countries, inflation-adjusted securities, floating rate loans, and currencies that the subadviser believes offer attractive investment opportunities. The subadviser may use futures and swaps as part of this fixed income strategy and may seek to reduce risk of loss due to currency fluctuations by hedging its non-U.S. dollar exposure, using a variety of techniques, including forward currency contracts.
• Passive REIT Index Strategy—Another portion of the Fund’s assets invests in a portfolio of REIT and REIT-like securities included in the Dow Jones U.S. Select REIT Index™, following an indexed or passively managed approach to investing. The subadviser to this portion of the Fund seeks to approximate the investment characteristics and performance of the Dow Jones U.S. Select REIT Index by investing in REITs and REIT-like securities included in that index. The Dow Jones U.S. Select REIT Index is an unmanaged index that intends to measure the performance of publicly traded REITs and REIT-like securities. The index is a subset of the Dow Jones U.S. Select Real Estate Securities Index, which represents equity REITs and real estate operating companies traded in the U.S.

Additional Information About the Fund’s Principal Investment Strategies

A significant portion of the Fund’s assets may be invested in “below investment grade” securities (commonly known as “high yield securities” or “junk bonds”). Below investment grade securities are those rated below the four highest categories by Standard & Poor’s (below BBB), Moody’s (below Baa), or Fitch (below BBB), or are unrated securities that the Fund’s subadvisers determine are of comparable quality. The Fund’s below investment grade securities or instruments (which include fixed income securities, convertible securities, preferred stock, and floating rate loans) generally will not exceed, in the aggregate, 55% of the Fund’s net assets, with additional limits as specified below.

The Fund limits its aggregate investments in (i) fixed income securities that are rated below investment grade, excluding convertible bonds; and (ii) floating rate loans so that, taken together, they generally will not be more than 15% of the Fund’s net assets.

The Fund limits its investments in convertible securities, which include convertible bonds and convertible preferred stocks, such that they generally will remain below 45% of the Fund’s net assets.

Under normal circumstances, the Fund invests at least 40% of its net assets in fixed income securities in addition to its investments in convertible bonds.

In addition to Russell 2000 Index futures contracts, the Fund’s subadvisers also may use other derivative instruments, including futures and options, swap agreements, swaptions, and forward currency contracts, to achieve desired investment exposure, enhance portfolio efficiency, or manage risk. Trading in derivative instruments is used as an alternative to, or in conjunction with, buying, selling and holding stocks and fixed income securities.

The Fund’s investments in credit default swaps, if any, will be less than 5% of the Fund’s net assets.

The Fund is available for investment only by the Vantagepoint Model Portfolio Funds and Vantagepoint Milestone Funds.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. The Fund’s principal investment risks include Convertible Securities Risk, Interest Rate Risk, Credit Risk, High Yield Securities Risk, Small-Cap Securities Risk, Derivative Instruments Risk, Foreign Securities Risk, U.S. Government Agency Securities Risk, Asset-Backed Securities Risk, Mortgage-Backed Securities Risk, REITs Risk, Indexing Risk, Foreign Currency Risk, Municipal Securities Risk, Floating Rate Loans Risk, Call Risk, Stock Market Risk, Portfolio Turnover Risk, Multi-Manager Risk.
Please see the Risk Glossary for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Sep 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
VP Diversifying Strategies T   5.19%7.90%8.96%4.02%4.13%N/A2.63%
S&P 500 Indexa,b3.85%7.84%15.43%11.16%16.37%7.24%N/A
Custom Benchmarkc2.45%6.54%10.84%7.74%9.76%N/AN/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total Expenses   0.49%

 

a. The S&P 500 Index consists of 500 companies representing larger capitalization stocks traded in the U.S.

b. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2016 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

c. The custom benchmark is comprised of the S&P 500 Index and Bloomberg Barclays U.S. Intermediate Aggregate Bond Index. Prior to May 1, 2014, the weightings were 50% S&P 500 Index and 50% Bloomberg Barclays U.S. Intermediate Aggregate Bond Index. Beginning May 1, 2014, the weightings were 60% S&P 500 Index and 40% Bloomberg Barclays U.S. Intermediate Aggregate Bond Index. The S&P 500 Index consists of 500 companies representing larger capitalization stocks traded in the U.S. The Bloomberg Barclays U.S. Intermediate Aggregate Bond Index consists of investment-grade U.S. fixed income securities with maturities of 1 to 10 years.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Sep 23, 2016Sep 23, 2016$0.679010000
Jul 29, 2016Jul 29, 2016$0.027007000
Dec 18, 2015Dec 18, 2015$0.264308000
Dec 19, 2014Dec 19, 2014$0.689129000
Dec 20, 2013Dec 20, 2013$0.318116000
Dec 31, 2012Dec 31, 2012$0.002435000
Dec 17, 2012Dec 17, 2012$0.200595000
Dec 16, 2011Dec 16, 2011$0.159169000
 

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2016
Period Stars Category Size
Overall 2 Stars481
3-Year 3 Stars481
5-Year 1 Stars421
10-Year N/A N/A

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

 

Characteristics

Top Ten Holdings As of Oct 31, 2016
Holding NamePercent
FIDELITY INSTITUTIONAL MONEY MARKET3.1%
UNITED STATES TREASURY NOTE/BOND 1% 08/15/20182.2%
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/20182.0%
UNITED STATES TREASURY NOTE/BOND 0.625% 06/30/20182.0%
UNITED STATES TREASURY NOTE/BOND 1% 12/31/20171.6%
UNITED STATES TREASURY NOTE/BOND 0.875% 05/31/20181.5%
USD1.2%
UNITED STATES TREASURY NOTE/BOND 1% 05/15/20181.0%
CITRIX SYSTEMS INC 0.5% 04/15/20190.9%
PRICELINE GROUP INC/THE 0.9% 09/15/20210.8%
All Holdings As of Oct 31, 2016
Equity
Holding NameMarket Value
SIMON PROPERTY GROUP INC$3,855,323
AMERICAN TOWER CORP$3,018,125
PUBLIC STORAGE$2,104,501
PROLOGIS INC$1,815,429
WELLTOWER INC$1,620,255
MANDATORY EXCHANGEABLE TRUST$1,588,199
VENTAS INC$1,572,681
AVALONBAY COMMUNITIES INC$1,552,945
EQUITY RESIDENTIAL$1,491,510
SOUTHWESTERN ENERGY CO$1,298,626
BOSTON PROPERTIES INC$1,223,836
BELDEN INC$1,083,152
HCP INC$1,058,907
VORNADO REALTY TRUST$1,054,259
GENERAL GROWTH PROPERTIES INC$963,669
ESSEX PROPERTY TRUST INC$927,866
DIGITAL REALTY TRUST INC$907,859
WPX ENERGY INC$906,476
HOST HOTELS & RESORTS INC$761,043
KIMCO REALTY CORP$739,997
FEDERAL REALTY INVESTMENT TRUST$682,145
SL GREEN REALTY CORP$652,672
UDR INC$619,074
EXTRA SPACE STORAGE INC$609,778
DUKE REALTY CORP$608,066
MACERICH CO/THE$566,028
ALEXANDRIA REAL ESTATE EQUITIES INC$557,593
REGENCY CENTERS CORP$493,319
CAMDEN PROPERTY TRUST$466,325
MID-AMERICA APARTMENT COMMUNITIES INC$458,834
APARTMENT INVESTMENT & MANAGEMENT CO$452,026
AMERICAN CAMPUS COMMUNITIES INC$445,228
KILROY REALTY CORP$433,566
BRIXMOR PROPERTY GROUP INC$431,123
EQUITY LIFESTYLE PROPERTIES INC$398,160
LIBERTY PROPERTY TRUST$388,451
DOUGLAS EMMETT INC$342,845
SENIOR HOUSING PROPERTIES TRUST$330,663
HIGHWOODS PROPERTIES INC$320,362
SUN COMMUNITIES INC$314,567
DDR CORP$307,620
CUBESMART$305,931
FOREST CITY REALTY TRUST INC$305,736
KINDER MORGAN INC/DE$301,351
AMERICAN HOMES 4 RENT$298,517
HOSPITALITY PROPERTIES TRUST$294,065
TAUBMAN CENTERS INC$286,362
WEINGARTEN REALTY INVESTORS$278,708
DCT INDUSTRIAL TRUST INC$275,778
EQUITY COMMONWEALTH$248,085
HEALTHCARE REALTY TRUST INC$246,350
LIFE STORAGE INC$244,853
HUDSON PACIFIC PROPERTIES INC$233,525
POST PROPERTIES INC$230,199
TANGER FACTORY OUTLET CENTERS INC$218,648
DUPONT FABROS TECHNOLOGY INC$207,723
EDUCATION REALTY TRUST INC$203,410
FIRST INDUSTRIAL REALTY TRUST INC$201,799
PIEDMONT OFFICE REALTY TRUST INC$194,437
APPLE HOSPITALITY REIT INC$184,267
COUSINS PROPERTIES INC$182,067
SUNSTONE HOTEL INVESTORS INC$177,774
BRANDYWINE REALTY TRUST$177,367
EQUITY ONE INC$176,871
LASALLE HOTEL PROPERTIES$175,513
ACADIA REALTY TRUST$175,356
COLUMBIA PROPERTY TRUST INC$170,116
CORPORATE OFFICE PROPERTIES TRUST$165,264
RLJ LODGING TRUST$160,205
URBAN EDGE PROPERTIES$154,241
MACK-CALI REALTY CORP$150,382
EASTGROUP PROPERTIES INC$145,871
CARE CAPITAL PROPERTIES INC$145,683
RETAIL OPPORTUNITY INVESTMENTS CORP$145,516
WASHINGTON REAL ESTATE INVESTMENT TRUST$141,451
PS BUSINESS PARKS INC$139,763
KITE REALTY GROUP TRUST$135,769
LTC PROPERTIES INC$128,282
WASHINGTON PRIME GROUP INC$126,960
CBL & ASSOCIATES PROPERTIES INC$121,830
DIAMONDROCK HOSPITALITY CO$119,929
MONOGRAM RESIDENTIAL TRUST INC$114,623
PEBBLEBROOK HOTEL TRUST$114,189
XENIA HOTELS & RESORTS INC$109,535
NEW YORK REIT INC$101,802
REXFORD INDUSTRIAL REALTY INC$96,476
RAMCO-GERSHENSON PROPERTIES TRUST$95,370
COLONY STARWOOD HOMES$94,021
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST$88,419
FRANKLIN STREET PROPERTIES CORP$79,301
SERITAGE GROWTH PROPERTIES$67,368
FELCOR LODGING TRUST INC$54,155
PARKWAY INC$52,781
HERSHA HOSPITALITY TRUST$48,952
UNIVERSAL HEALTH REALTY INCOME TRUST$47,488
NATIONAL STORAGE AFFILIATES TRUST$46,679
SAUL CENTERS INC$46,086
TIER REIT INC$45,578
CEDAR REALTY TRUST INC$38,589
SILVER BAY REALTY TRUST CORP$38,291
INDEPENDENCE REALTY TRUST INC$34,919
FIRST POTOMAC REALTY TRUST$33,361
ASHFORD HOSPITALITY TRUST INC$29,811
EASTERLY GOVERNMENT PROPERTIES INC$29,119
ASHFORD HOSPITALITY PRIME INC$25,129
NEXPOINT RESIDENTIAL TRUST INC$20,970
SOUTHWESTERN ENERGY CO$7
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$19,887,682
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$18,169,311
UNITED STATES TREASURY NOTE/BOND 0.625% 06/30/2018$17,458,272
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$14,463,087
UNITED STATES TREASURY NOTE/BOND 0.875% 05/31/2018$13,149,370
UNITED STATES TREASURY NOTE/BOND 1% 05/15/2018$9,027,243
CITRIX SYSTEMS INC 0.5% 04/15/2019$8,231,822
PRICELINE GROUP INC/THE 0.9% 09/15/2021$7,434,525
DISH NETWORK CORP 3.375% 08/15/2026$6,343,396
UNITED STATES TREASURY NOTE/BOND 1% 03/15/2019$6,295,804
PROOFPOINT INC 0.75% 06/15/2020$6,277,556
MEDIDATA SOLUTIONS INC 1% 08/01/2018$6,063,750
INTERDIGITAL INC/PA 1.5% 03/01/2020$5,828,843
ELECTRONICS FOR IMAGING INC 0.75% 09/01/2019$5,750,500
NUVASIVE INC 2.25% 03/15/2021$5,551,350
ON SEMICONDUCTOR CORP 1% 12/01/2020$5,542,266
MICROCHIP TECHNOLOGY INC 1.625% 02/15/2025$5,452,344
STARWOOD PROPERTY TRUST INC 4.55% 03/01/2018$5,290,773
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$5,273,785
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$5,223,821
MICRON TECHNOLOGY INC 3% 11/15/2043$5,175,803
HSBC HOLDINGS PLC 1.535% 06/17/2031$5,078,707
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$4,803,067
LIVE NATION ENTERTAINMENT INC 2.5% 05/15/2019$4,793,820
WRIGHT MEDICAL GROUP INC 2% 02/15/2020$4,775,641
AKAMAI TECHNOLOGIES INC 0% 02/15/2019$4,765,413
CARDTRONICS INC 1% 12/01/2020$4,617,000
HURON CONSULTING GROUP INC 1.25% 10/01/2019$4,530,169
NXP SEMICONDUCTORS NV 1% 12/01/2019$4,507,428
HERBALIFE LTD 2% 08/15/2019$4,348,790
DYCOM INDUSTRIES INC 0.75% 09/15/2021$4,271,636
LIBERTY MEDIA CORP 1.375% 10/15/2023$4,256,438
VIPSHOP HOLDINGS LTD 1.5% 03/15/2019$4,215,558
ALLSCRIPTS HEALTHCARE SOLUTIONS INC 1.25% 07/01/2020$4,121,241
ARES CAPITAL CORP 4.375% 01/15/2019$4,092,113
BLACKHAWK NETWORK HOLDINGS INC 1.5% 01/15/2022$3,981,728
ROVI CORP 0.5% 03/01/2020$3,824,522
TWITTER INC 1% 09/15/2021$3,808,947
TOLL BROTHERS FINANCE CORP 0.5% 09/15/2032$3,609,675
MACQUARIE INFRASTRUCTURE CORP 2% 10/01/2023$3,491,428
BOSTON SCIENTIFIC CORP 1.735% 07/17/2032$3,486,699
EURONET WORLDWIDE INC 1.5% 10/01/2044$3,398,072
FDIC GUARANTEED NOTES TRUST 2010-S1 3.25% 04/25/2038$3,317,861
NEDERLANDSE WATERSCHAPSBANK NV 1.25% 09/18/2017$3,307,257
PORSCHE INNOVATIVE LEASE OWNER TRUST 2015-1 7.9% 07/23/2018$3,301,945
BIOMARIN PHARMACEUTICAL INC 0.75% 10/15/2018$3,298,206
EXTRA SPACE STORAGE LP 3.125% 10/01/2035$3,296,644
CREDIT SUISSE AG/NEW YORK NY 1.375% 05/26/2017$3,239,235
VERINT SYSTEMS INC 1.5% 06/01/2021$3,222,448
IMPAX LABORATORIES INC 2% 06/15/2022$3,209,055
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$3,206,363
BANK OF MONTREAL 1.35% 08/28/2018$3,135,551
WORKDAY INC 0.75% 07/15/2018$3,105,375
HSBC HOLDINGS PLC 1.645% 09/17/2031$3,099,484
LIBERTY MEDIA CORP 2.25% 09/30/2046$3,058,050
CYPRESS SEMICONDUCTOR CORP 4.5% 01/15/2022$3,057,688
SYNCHRONOSS TECHNOLOGIES INC 0.75% 08/15/2019$3,053,023
SPIRIT REALTY CAPITAL INC 2.875% 05/15/2019$3,043,814
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$2,989,660
LIBERTY INTERACTIVE LLC 1.75% 09/30/2046$2,969,400
CTRIP.COM INTERNATIONAL LTD 1% 07/01/2020$2,939,400
CEMEX SAB DE CV 3.72% 03/15/2020$2,933,363
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$2,916,959
STANDARD CHARTERED PLC 1.5% 09/08/2017$2,892,605
J2 GLOBAL INC 3.25% 06/15/2029$2,881,980
KOMMUNINVEST I SVERIGE AB 1.5% 04/23/2019$2,856,080
BECTON DICKINSON AND CO 1.45% 05/15/2017$2,816,449
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 3.1% 10/05/2018$2,782,291
BROOKDALE SENIOR LIVING INC 2.75% 06/15/2018$2,749,903
WEB.COM GROUP INC 1% 08/15/2018$2,749,766
CTRIP.COM INTERNATIONAL LTD 1.99% 07/01/2025$2,711,500
INTEL CORP 2.95% 12/15/2035$2,710,500
STMICROELECTRONICS NV 2.995% 07/03/2019$2,707,900
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$2,679,504
JAZZ INVESTMENTS I LTD 1.875% 08/15/2021$2,664,969
AMGEN INC 1.25% 05/22/2017$2,663,131
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$2,637,164
BIOMARIN PHARMACEUTICAL INC 1.5% 10/15/2020$2,632,500
AETNA INC 1.9% 06/07/2019$2,572,060
WESTPAC BANKING CORP 1.6% 08/19/2019$2,567,720
CHASE ISSUANCE TRUST 1.15% 01/15/2019$2,551,042
PRICELINE GROUP INC/THE 0.35% 06/15/2020$2,521,050
CTRIP.COM INTERNATIONAL LTD 1.25% 09/15/2022$2,488,500
HEALTHSOUTH CORP 2% 12/01/2043$2,487,943
INPHI CORP 0.75% 09/01/2021$2,478,450
LAM RESEARCH CORP 1.25% 05/15/2018$2,448,447
ROYAL BANK OF CANADA 1.625% 04/15/2019$2,440,547
TUTOR PERINI CORP 2.875% 06/15/2021$2,435,000
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$2,432,329
ILLUMINA INC 0.5% 06/15/2021$2,430,588
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$2,422,098
HORIZON PHARMA INVESTMENT LTD 2.5% 03/15/2022$2,394,950
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2015-COSMO 1.785% 01/15/2032$2,392,004
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$2,378,000
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.25% 05/23/2017$2,355,629
NATIONAL HEALTH INVESTORS INC 3.25% 04/01/2021$2,341,688
MOLINA HEALTHCARE INC 1.625% 08/15/2044$2,330,813
BANK NEDERLANDSE GEMEENTEN NV 1% 02/12/2018$2,318,650
CBRE SERVICES INC 1.68% 04/15/2019$2,308,229
TRADE MAPS 1 LTD 1.229% 12/10/2018$2,297,951
WEATHERFORD INTERNATIONAL LTD 5.875% 07/01/2021$2,296,350
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$2,295,546
CAISSE D'AMORTISSEMENT DE LA DETTE SOCIALE 1.25% 03/12/2018$2,158,323
SVENSKA HANDELSBANKEN AB 1.5% 09/06/2019$2,122,461
INSULET CORP 1.25% 09/15/2021$2,112,653
PDC ENERGY INC 1.125% 09/15/2021$2,107,860
VECTOR GROUP LTD 5.5% 04/15/2020$2,106,775
SERVICENOW INC 2% 11/01/2018$2,049,172
MACQUARIE INFRASTRUCTURE CORP 2.875% 07/15/2019$2,030,600
ENVESTNET INC 1.75% 12/15/2019$2,025,581
BANK OF AMERICA CORP 0.785% 04/15/2019$1,999,234
BP CAPITAL MARKETS PLC 1.674% 02/13/2018$1,989,106
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$1,983,590
DR PEPPER SNAPPLE GROUP INC 2.776% 09/01/2035$1,979,787
TESLA MOTORS INC 1.25% 03/01/2021$1,977,188
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2015-2 1.6% 04/15/2021$1,974,994
AT&T INC 2.3% 03/11/2019$1,960,642
BB&T CORP 1.416% 02/01/2019$1,947,050
IRONWOOD PHARMACEUTICALS INC 2.25% 06/15/2022$1,928,063
FINISAR CORP 0.5% 12/15/2033$1,926,313
CSG SYSTEMS INTERNATIONAL INC 4.25% 03/15/2036$1,926,169
BNZ INTERNATIONAL FUNDING LTD/LONDON 1.9% 02/26/2018$1,908,542
NAVISTAR INTERNATIONAL CORP 4.5% 10/15/2018$1,906,250
CITIZENS BANK NA/PROVIDENCE RI 1.6% 12/04/2017$1,900,167
STILLWATER MINING CO 1.75% 10/15/2032$1,898,855
NRG YIELD INC 3.5% 02/01/2019$1,890,500
CAPITAL AUTO RECEIVABLES ASSET TRUST 2015-2 1.39% 09/20/2018$1,882,228
ASIAN DEVELOPMENT BANK 0.75% 07/28/2017$1,877,626
INTEGRATED DEVICE TECHNOLOGY INC 0.875% 11/15/2022$1,848,938
BOSTON SCIENTIFIC CORP 1.496% 07/17/2031$1,846,788
CHART INDUSTRIES INC 2% 08/01/2018$1,830,398
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$1,828,984
RTI INTERNATIONAL METALS INC 1.625% 10/15/2019$1,824,900
KNOWLES CORP 3.25% 11/01/2021$1,817,397
MACQUARIE BANK LTD 1.6% 10/27/2017$1,803,049
CALATLANTIC GROUP INC 0.25% 06/01/2019$1,798,060
AMTRUST FINANCIAL SERVICES INC 2.75% 12/15/2044$1,794,845
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$1,788,723
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2% 11/16/2018$1,785,521
SHUTTERFLY INC 0.25% 05/15/2018$1,776,939
SPECTRANETICS CORP/THE 2.625% 06/01/2034$1,774,685
WESTPAC BANKING CORP 1.95% 11/23/2018$1,738,652
NEDERLANDSE WATERSCHAPSBANK NV 0.875% 07/13/2018$1,731,859
PATTERN ENERGY GROUP INC 4% 07/15/2020$1,730,306
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$1,726,801
SALESFORCE.COM INC 0.25% 04/01/2018$1,726,375
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,722,301
3M CO 1.936% 03/22/2018$1,714,737
OASIS PETROLEUM INC 2.625% 09/15/2023$1,714,403
LIONS GATE ENTERTAINMENT CORP 5.25% 08/01/2018$1,709,100
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$1,702,195
EUROPEAN INVESTMENT BANK 1.125% 08/15/2018$1,701,188
RED HAT INC 0.25% 10/01/2019$1,696,866
ASIAN DEVELOPMENT BANK 1% 08/16/2019$1,693,050
HSBC BANK PLC 1.457% 05/15/2018$1,690,801
KRAFT HEINZ FOODS CO 2% 07/02/2018$1,682,715
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,671,703
BLACKSTONE MORTGAGE TRUST INC 5.25% 12/01/2018$1,665,075
NEWELL BRANDS INC 2.15% 10/15/2018$1,659,893
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$1,659,047
UBS AG/STAMFORD CT 1.8% 03/26/2018$1,654,099
ANTHEM INC 2.375% 02/15/2017$1,650,223
SM ENERGY CO 1.5% 07/01/2021$1,650,156
MORGAN STANLEY 2.026% 01/27/2020$1,647,007
DAIMLER FINANCE NORTH AMERICA LLC 1.65% 03/02/2018$1,633,676
COLONY STARWOOD HOMES 3% 07/01/2019$1,632,353
ABBVIE INC 1.75% 11/06/2017$1,626,188
SUNTORY HOLDINGS LTD 1.65% 09/29/2017$1,622,072
NUANCE COMMUNICATIONS INC 1% 12/15/2035$1,599,891
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$1,598,373
AIRCASTLE LTD 6.75% 04/15/2017$1,587,874
ALLY FINANCIAL INC 3.25% 09/29/2017$1,585,828
DEPOMED INC 2.5% 09/01/2021$1,577,968
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,564,864
CITIGROUP INC 1.55% 08/14/2017$1,563,217
CISCO SYSTEMS INC 1.4% 09/20/2019$1,561,449
FEDERAL HOME LOAN MORTGAGE CORP 0.875% 07/19/2019$1,555,590
SANTANDER UK PLC 1.65% 09/29/2017$1,550,044
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$1,521,125
PROVINCE OF BRITISH COLUMBIA CANADA 1.2% 04/25/2017$1,501,892
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$1,501,820
COLONY CAPITAL INC 5% 04/15/2023$1,500,675
TENET HEALTHCARE CORP 6.25% 11/01/2018$1,500,250
NEVRO CORP 1.75% 06/01/2021$1,473,694
AP MOELLER - MAERSK A/S 2.55% 09/22/2019$1,465,037
TOTAL SA 0.5% 12/02/2022$1,454,740
APOLLO COMMERCIAL REAL ESTATE FINANCE INC 5.5% 03/15/2019$1,452,342
DAIMLER FINANCE NORTH AMERICA LLC 1.375% 08/01/2017$1,450,596
MIZUHO BANK LTD 1.497% 03/26/2018$1,448,346
SIEMENS FINANCIERINGSMAATSCHAPPIJ NV 1.65% 08/16/2019$1,446,088
FEDERAL HOME LOAN MORTGAGE CORP 2.97% 07/01/2041$1,444,738
SEACOR HOLDINGS INC 3% 11/15/2028$1,440,688
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.4% 07/20/2018$1,434,417
EZCORP INC 2.125% 06/15/2019$1,430,668
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$1,430,650
CALATLANTIC GROUP INC 1.625% 05/15/2018$1,426,288
PRA GROUP INC 3% 08/01/2020$1,424,963
AT&T INC 1.739% 11/27/2018$1,414,091
SKANDINAVISKA ENSKILDA BANKEN AB 1.5% 09/13/2019$1,407,042
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 08/28/2019$1,392,365
THOMSON REUTERS CORP 1.65% 09/29/2017$1,383,842
ING BANK NV 2% 11/26/2018$1,371,994
HSBC HOLDINGS PLC 1.835% 08/17/2032$1,368,810
BROCADE COMMUNICATIONS SYSTEMS INC 1.375% 01/01/2020$1,359,881
KFW 1% 07/15/2019$1,342,402
HYUNDAI CAPITAL AMERICA 1.45% 02/06/2017$1,341,434
EMPIRE STATE REALTY OP LP 2.625% 08/15/2019$1,330,570
MONDELEZ INTERNATIONAL HOLDINGS NETHERLANDS BV 1.625% 10/28/2019$1,321,295
MORGAN STANLEY 2.45% 02/01/2019$1,300,421
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 2.3% 11/15/2019$1,285,786
CREDIT SUISSE GROUP FUNDING GUERNSEY LTD 2.684% 09/25/2028$1,279,804
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$1,277,577
HOLOGIC INC 0% 12/15/2043$1,275,891
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.784% 10/25/2028$1,274,812
AMERICAN EXPRESS CO 1.401% 05/22/2018$1,273,458
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$1,273,255
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.7% 07/19/2019$1,260,978
SUMITOMO MITSUI TRUST BANK LTD 2.05% 10/18/2019$1,254,159
GREEN PLAINS INC 4.125% 09/01/2022$1,253,500
MORGAN STANLEY 1.622% 07/23/2019$1,252,468
GOLDMAN SACHS GROUP INC/THE 1.917% 11/15/2018$1,250,668
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,248,251
BANK OF AMERICA CORP 1.7% 08/25/2017$1,243,094
MEDICINES CO/THE 2.75% 07/15/2023$1,239,875
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$1,233,725
BXHTL 2015-JWRZ MORTGAGE TRUST 2.1% 03/12/2020$1,230,398
CIT GROUP INC 5.25% 03/15/2018$1,219,838
COMPASS BANK 1.85% 09/29/2017$1,219,236
ENCORE CAPITAL GROUP INC 3% 07/01/2020$1,219,219
CITIGROUP INC 2.05% 12/07/2018$1,217,337
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$1,214,528
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$1,200,804
SANTANDER BANK NA 2% 01/12/2018$1,199,929
ARES CAPITAL CORP 3.625% 01/19/2022$1,195,462
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 1.75% 11/02/2018$1,194,148
BANK OF NEW YORK MELLON CORP/THE 1.316% 08/01/2018$1,192,421
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-2 7.25% 11/15/2021$1,186,842
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$1,170,959
FMS WERTMANAGEMENT AOER 1% 08/16/2019$1,162,244
FEDERAL HOME LOAN MORTGAGE CORP 1.484% 05/25/2024$1,161,967
PNC BANK NA 1.95% 03/04/2019$1,160,646
ING BANK NV 2.3% 03/22/2019$1,153,433
HSBC HOLDINGS PLC 1.685% 12/17/2030$1,152,395
TEVA PHARMACEUTICAL FINANCE CO LLC 0.25% 02/01/2026$1,148,438
NISSAN MOTOR ACCEPTANCE CORP 2% 03/08/2019$1,147,433
HYUNDAI AUTO RECEIVABLES TRUST 2016-B 2.68% 09/15/2023$1,145,843
SHELL INTERNATIONAL FINANCE BV 1.375% 05/10/2019$1,144,520
FEDERAL HOME LOAN MORTGAGE CORP 1.734% 07/25/2024$1,143,962
DISH DBS CORP 4.625% 07/15/2017$1,143,800
ASTORIA FINANCIAL CORP 5% 06/19/2017$1,140,653
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2.7% 10/05/2017$1,124,312
AMERICAN HONDA FINANCE CORP 1.2% 07/12/2019$1,122,513
ARRAY BIOPHARMA INC 3% 06/01/2020$1,122,375
HSBC USA INC 1.7% 03/05/2018$1,121,676
FORD MOTOR CREDIT CO LLC 2.021% 05/03/2019$1,120,467
51JOB INC 3.25% 04/15/2019$1,118,700
MYLAN NV 2.5% 06/07/2019$1,102,484
UNITED STATES TREASURY NOTE/BOND 0.875% 06/15/2019$1,100,652
CNPC GENERAL CAPITAL LTD 1.717% 05/14/2017$1,100,504
ACTAVIS FUNDING SCS 1.3% 06/15/2017$1,100,446
FIDELITY NATIONAL INFORMATION SERVICES INC 2.24% 01/15/2019$1,094,088
ABBVIE INC 1.8% 05/14/2018$1,083,804
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$1,081,741
CHENIERE ENERGY INC 4.25% 03/15/2045$1,067,344
CISCO SYSTEMS INC 1.39% 12/15/2016$1,059,375
KEYW HOLDING CORP/THE 2.5% 07/15/2019$1,058,728
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$1,057,056
STRUCTURED ASSET INVESTMENT LOAN TRUST 2003-BC1 1.214% 01/25/2033$1,052,162
CANADIAN NATURAL RESOURCES LTD 1.75% 01/15/2018$1,049,232
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$1,042,625
MITSUBISHI UFJ TRUST & BANKING CORP 1.6% 10/16/2017$1,041,252
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$1,038,543
INTEGRA LIFESCIENCES HOLDINGS CORP 1.625% 12/15/2016$1,036,919
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 3.2% 07/15/2020$1,030,115
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,027,504
INMARSAT PLC 3.875% 09/09/2023$1,022,500
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.6% 11/20/2017$1,020,487
STANDARD CHARTERED PLC 2.1% 08/19/2019$1,009,820
SCORPIO TANKERS INC 2.375% 07/01/2019$1,006,934
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$1,004,800
FEDERAL HOME LOAN MORTGAGE CORP 2.134% 01/25/2024$1,001,921
UNITED STATES TREASURY NOTE/BOND 0.75% 02/28/2018$999,844
HELIX ENERGY SOLUTIONS GROUP INC 4.25% 05/01/2022$998,544
ECHO GLOBAL LOGISTICS INC 2.5% 05/01/2020$996,844
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 1.6% 07/15/2019$996,695
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-2 4.45% 04/15/2021$995,874
FIREEYE INC 1.625% 06/01/2035$975,375
ASHLAND INC 3.875% 04/15/2018$962,325
WHITING PETROLEUM CORP 1.25% 04/01/2020$957,656
NCUA GUARANTEED NOTES TRUST 2010-A1 0.879% 12/07/2020$939,981
NATIONAL OILWELL VARCO INC 1.35% 12/01/2017$928,670
WELLS FARGO BANK NA 1.65% 01/22/2018$923,295
CIENA CORP 3.75% 10/15/2018$918,225
NRG YIELD INC 3.25% 06/01/2020$916,971
CIENA CORP 0.875% 06/15/2017$909,431
WESTERN DIGITAL CORP 10.5% 04/01/2024$908,638
VEREIT INC 3% 08/01/2018$905,566
HYUNDAI CAPITAL AMERICA 2% 03/19/2018$903,468
SUNTRUST BANK/ATLANTA GA 5.2% 01/17/2017$901,596
HOLOGIC INC 2% 03/01/2042$901,519
BANK OF AMERICA CORP 1.309% 05/02/2017$900,649
21ST CENTURY FOX AMERICA INC 1.776% 04/11/2017$898,875
HYUNDAI CAPITAL SERVICES INC 1.625% 08/30/2019$895,622
ALCOA INC 1.646% 06/22/2018$892,671
MIZUHO BANK LTD 1.7% 09/25/2017$891,586
INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD/NEW YORK 2.351% 11/13/2017$884,857
JPMORGAN CHASE & CO 1.337% 02/15/2017$880,940
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$878,550
ROYAL GOLD INC 2.875% 06/15/2019$877,144
PALO ALTO NETWORKS INC 2.7% 07/01/2019$875,781
VERIZON COMMUNICATIONS INC 2.606% 09/14/2018$873,019
MERITOR INC 7.875% 03/01/2026$865,690
CITIGROUP INC 2.517% 05/15/2018$864,993
WEBMD HEALTH CORP 2.625% 06/15/2023$863,300
CVS HEALTH CORP 1.9% 07/20/2018$861,955
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$860,407
DAIMLER FINANCE NORTH AMERICA LLC 1.5% 07/05/2019$854,413
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$846,553
SILVER STANDARD RESOURCES INC 2.875% 02/01/2033$835,806
FIFTH THIRD BANCORP 5.45% 01/15/2017$832,990
CHEVRON CORP 1.79% 11/16/2018$807,064
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$803,927
GENERAL MILLS INC 1.4% 10/20/2017$802,687
BMW US CAPITAL LLC 1.5% 04/11/2019$800,678
SANTANDER UK PLC 1.362% 03/13/2017$799,931
PRUDENTIAL FINANCIAL INC 1.597% 08/15/2018$798,753
FEDERAL HOME LOAN MORTGAGE CORP 2.534% 10/25/2023$783,988
WEA FINANCE LLC / WESTFIELD UK & EUROPE FINANCE PLC 1.75% 09/15/2017$781,145
PANDORA MEDIA INC 1.75% 12/01/2020$759,894
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2014-3 3.13% 10/08/2020$757,943
CHEVRON CORP 1.344% 11/09/2017$751,658
WALGREENS BOOTS ALLIANCE INC 1.75% 05/30/2018$743,834
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$738,824
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.25% 04/15/2021$735,083
REYNOLDS AMERICAN INC 2.3% 06/12/2018$729,786
CITIGROUP INC 1.85% 11/24/2017$722,638
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-4 8.125% 03/15/2021$711,880
THOMSON REUTERS CORP 1.3% 02/23/2017$700,326
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$695,592
CISCO SYSTEMS INC 1.6% 02/28/2019$694,786
SMBC AVIATION CAPITAL FINANCE DAC 2.65% 07/15/2021$694,581
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.984% 11/25/2023$693,616
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$686,754
CELGENE CORP 2.125% 08/15/2018$686,752
NORDEA BANK AB 1.875% 09/17/2018$683,700
NCUA GUARANTEED NOTES TRUST 2010-R1 0.977% 10/07/2020$679,813
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$678,695
MORGAN STANLEY 6.625% 04/01/2018$672,875
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 1.57% 06/17/2019$671,308
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$670,747
DANSKE BANK A/S 1.65% 09/06/2019$652,760
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.21% 05/10/2021$647,277
QIAGEN NV 0.375% 03/19/2019$645,900
JPMORGAN CHASE & CO 6.3% 04/23/2019$643,145
COMM 2015-CCRE22 MORTGAGE TRUST 1.289% 06/02/2017$639,298
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 4.1% 06/15/2021$627,890
RYDER SYSTEM INC 2.5% 03/01/2017$622,065
CNOOC FINANCE 2013 LTD 1.226% 04/03/2017$621,006
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$620,760
ELECTRICITE DE FRANCE SA 1.15% 01/20/2017$619,962
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$610,937
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.42% 06/21/2021$610,498
GATX CORP 2.5% 07/30/2019$608,380
JB HUNT TRANSPORT SERVICES INC 2.4% 03/15/2019$605,617
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 2.2% 07/21/2021$603,308
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$601,459
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.2% 03/10/2017$600,092
CITIGROUP INC 2.05% 06/07/2019$593,059
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$590,866
CITIGROUP INC 3.842% 06/01/2019$577,721
JP MORGAN MORTGAGE TRUST 2013-1 2.5% 03/25/2043$577,232
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 3.75% 05/11/2017$576,996
EXXON MOBIL CORP 1.708% 03/01/2019$574,512
SHELL INTERNATIONAL FINANCE BV 1.387% 11/10/2018$574,129
NBCUNIVERSAL ENTERPRISE INC 1.565% 04/15/2018$574,070
CAPITAL ONE BANK USA NA 1.15% 11/21/2016$570,091
DRIVE AUTO RECEIVABLES TRUST 2016-B 1.67% 07/15/2019$569,360
BAIDU INC 2.25% 11/28/2017$564,241
PACCAR FINANCIAL CORP 1.435% 12/06/2018$564,077
STRYKER CORP 2% 03/08/2019$555,377
KUBOTA CREDIT OWNER TRUST 2015-1 0.94% 12/15/2017$551,544
SYNCHRONY FINANCIAL 1.989% 02/03/2020$538,623
JOHN DEERE CAPITAL CORP 1.4% 03/15/2017$533,850
HUTCHISON WHAMPOA INTERNATIONAL 12 II LTD 2% 11/08/2017$532,783
NEWELL BRANDS INC 2.6% 03/29/2019$530,788
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$530,702
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$520,597
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.05% 06/01/2041$517,545
BOSTON SCIENTIFIC CORP 1.685% 05/17/2031$515,134
BANCO DE CREDITO DEL PERU/PANAMA 2.25% 10/25/2019$512,627
AETNA INC 1.7% 06/07/2018$511,744
TSMC GLOBAL LTD 1.625% 04/03/2018$510,504
DRIVE AUTO RECEIVABLES TRUST 2016-B 2.56% 06/15/2020$504,663
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$500,853
CREDIT SUISSE AG/NEW YORK NY 1.75% 01/29/2018$500,369
FREEPORT-MCMORAN INC 2.15% 03/01/2017$499,375
EBAY INC 2.5% 03/09/2018$496,237
BAXALTA INC 2% 06/22/2018$492,591
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$492,276
AUTODESK INC 1.95% 12/15/2017$492,008
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 2.05% 03/15/2019$484,164
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.535% 06/17/2031$482,592
KINDER MORGAN INC/DE 3.05% 12/01/2019$481,920
FIDELITY NATIONAL INFORMATION SERVICES INC 2% 04/15/2018$474,033
AT&T INC 5.5% 02/01/2018$471,698
HYUNDAI CAPITAL AMERICA 2.125% 10/02/2017$467,040
QBE INSURANCE GROUP LTD 2.4% 05/01/2018$462,113
KINDER MORGAN INC/DE 2% 12/01/2017$451,736
MACQUARIE BANK LTD 1.516% 10/27/2017$450,063
FORD MOTOR CREDIT CO LLC 1.897% 08/12/2019$448,848
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 2.5% 06/15/2019$446,222
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 1.184% 03/25/2034$446,082
INTERCEPT PHARMACEUTICALS INC 3.25% 07/01/2023$442,969
SEQUOIA MORTGAGE TRUST 2012-1 2.865% 01/25/2042$442,043
BP CAPITAL MARKETS PLC 1.316% 05/10/2018$440,912
TECO FINANCE INC 1.476% 04/10/2018$439,372
FEDERAL HOME LOAN MORTGAGE CORP 1.484% 05/25/2024$433,623
QIAGEN NV 0.375% 03/19/2019$430,600
BROADSOFT INC 1% 09/01/2022$430,388
SUNTRUST BANK/ATLANTA GA 1.257% 02/15/2017$430,119
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.87% 11/08/2021$428,220
LLOYDS BANK PLC 2.3% 11/27/2018$426,452
CHESAPEAKE ENERGY CORP 5.5% 09/15/2026$424,688
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$420,000
WHIRLPOOL CORP 1.65% 11/01/2017$411,210
IHO VERWALTUNGS GMBH 4.125% 09/15/2021$410,500
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.675% 03/12/2019$410,371
NOVELIS CORP 6.25% 08/15/2024$406,575
APPLE INC 1.7% 02/22/2019$403,691
KROGER CO/THE 2.2% 01/15/2017$401,218
TTM TECHNOLOGIES INC 1.75% 12/15/2020$398,793
NVIDIA CORP 2.2% 09/16/2021$394,975
NEXTERA ENERGY CAPITAL HOLDINGS INC 1.649% 09/01/2018$391,047
SYNCHRONY FINANCIAL 3% 08/15/2019$388,582
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$385,149
AMPHENOL CORP 1.55% 09/15/2017$380,637
KEYBANK NA/CLEVELAND OH 1.315% 11/25/2016$380,145
BANK OF AMERICA MORTGAGE 2002-K TRUST 3.027% 10/20/2032$377,049
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$376,032
FIREEYE INC 1% 06/01/2035$375,406
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 5.875% 08/17/2020$375,138
FORTIVE CORP 1.8% 06/15/2019$371,193
OPTION ONE MORTGAGE LOAN TRUST 2005-4 ASSET-BACKED CERTIFICATES SERIES 2005-4 0.794% 11/25/2035$363,316
SOUTHERN POWER CO 1.85% 12/01/2017$361,748
BECTON DICKINSON AND CO 1.8% 12/15/2017$361,666
AKAMAI TECHNOLOGIES INC 1.36% 06/15/2018$360,551
LA ARENA FUNDING LLC 7.656% 12/15/2026$360,271
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$358,236
COMCAST CORP 1.341% 01/20/2017$350,194
MEDTRONIC INC 1.5% 03/15/2018$341,515
NATIONAL AUSTRALIA BANK LTD 1.3% 06/30/2017$340,266
CARNIVAL CORP 1.875% 12/15/2017$322,104
PACCAR FINANCIAL CORP 1.1% 06/06/2017$320,017
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.684% 05/25/2028$315,788
PHILLIPS 66 2.95% 05/01/2017$313,202
WM WRIGLEY JR CO 2% 10/20/2017$302,136
APPLE INC 1.3% 02/23/2018$300,868
MIZUHO BANK LTD 1.307% 09/25/2017$300,576
JOHNSON CONTROLS INC 1.4% 11/02/2017$300,416
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.11% 03/22/2021$291,573
FIDELITY NATIONAL INFORMATION SERVICES INC 1.45% 06/05/2017$290,378
EXXON MOBIL CORP 1.439% 03/01/2018$281,055
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 5.875% 06/15/2021$274,134
SANTANDER UK PLC 2.5% 03/14/2019$273,837
GREATAMERICA LEASING RECEIVABLES FUNDING LLC 1.83% 06/17/2019$270,221
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$262,936
CENTERPOINT ENERGY TRANSITION BOND CO IV LLC 0.901% 04/15/2018$257,590
WEA FINANCE LLC / WESTFIELD UK & EUROPE FINANCE PLC 2.7% 09/17/2019$255,654
LOCKHEED MARTIN CORP 1.85% 11/23/2018$253,526
CAPITAL AUTO RECEIVABLES ASSET TRUST 2013-1 1.74% 10/22/2018$251,158
SYNCHRONY FINANCIAL 2.6% 01/15/2019$242,988
NCUA GUARANTEED NOTES TRUST 2011-R4 0.907% 03/06/2020$242,544
AMERICAN EXPRESS CREDIT CORP 1.125% 06/05/2017$230,150
VENTAS REALTY LP 1.25% 04/17/2017$230,066
TRANSALTA CORP 1.9% 06/03/2017$224,777
BERKSHIRE HATHAWAY INC 1.15% 08/15/2018$224,732
SAUDI GOVERNMENT INTERNATIONAL BOND 2.375% 10/26/2021$224,511
ALIBABA GROUP HOLDING LTD 2.5% 11/28/2019$203,110
NOVELIS CORP 5.875% 09/30/2026$203,000
NELNET STUDENT LOAN TRUST 2014-2 0.814% 06/25/2021$202,460
COCA-COLA CO/THE 0.875% 10/27/2017$201,850
BRITISH TELECOMMUNICATIONS PLC 1.25% 02/14/2017$200,108
FIFTH THIRD AUTO TRUST 2014-1 0.68% 04/16/2018$184,816
HERTZ CORP/THE 6.75% 04/15/2019$183,750
ZIMMER BIOMET HOLDINGS INC 2.7% 04/01/2020$183,186
ARAMARK SERVICES INC 5.75% 03/15/2020$166,759
BOISE CASCADE CO 5.625% 09/01/2024$152,438
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 1.079% 12/10/2027$148,574
CEMEX SAB DE CV 3.72% 03/15/2020$143,081
FEDERAL HOME LOAN MORTGAGE CORP 2.854% 12/01/2039$120,377
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.834% 03/01/2036$85,329
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$37,985
CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP 5% 04/25/2019$14,645
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.584% 03/25/2025$14,555
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$27,728,718
 
Other
Holding NameMarket Value
USD$10,683,477
USD$-1,611,956
RUSSELL 2000 MINI EQUITY INDEX DEC16 (RTAZ6)$-9,011,732
All Holdings As of Sep 30, 2016
Equity
Holding NameMarket Value
SIMON PROPERTY GROUP INC$4,265,648
AMERICAN TOWER CORP$3,539,757
PUBLIC STORAGE$2,181,863
PROLOGIS INC$1,849,700
WELLTOWER INC$1,754,478
MANDATORY EXCHANGEABLE TRUST$1,640,777
SOUTHWESTERN ENERGY CO$1,635,326
VENTAS INC$1,626,891
AVALONBAY COMMUNITIES INC$1,600,916
EQUITY RESIDENTIAL$1,541,668
BOSTON PROPERTIES INC$1,373,122
HCP INC$1,163,168
VORNADO REALTY TRUST$1,139,928
BELDEN INC$1,124,816
WPX ENERGY INC$1,095,912
GENERAL GROWTH PROPERTIES INC$1,056,390
ESSEX PROPERTY TRUST INC$956,051
DIGITAL REALTY TRUST INC$934,780
MCDERMOTT INTERNATIONAL INC$821,280
KIMCO REALTY CORP$796,907
HOST HOTELS & RESORTS INC$757,589
FEDERAL REALTY INVESTMENT TRUST$715,159
SL GREEN REALTY CORP$710,649
EXTRA SPACE STORAGE INC$654,497
MACERICH CO/THE$639,277
UDR INC$629,717
DUKE REALTY CORP$628,071
ALEXANDRIA REAL ESTATE EQUITIES INC$555,597
REGENCY CENTERS CORP$530,419
CAMDEN PROPERTY TRUST$479,495
BRIXMOR PROPERTY GROUP INC$471,318
APARTMENT INVESTMENT & MANAGEMENT CO$470,899
MID-AMERICA APARTMENT COMMUNITIES INC$464,969
AMERICAN CAMPUS COMMUNITIES INC$434,633
KILROY REALTY CORP$418,597
EQUITY LIFESTYLE PROPERTIES INC$405,195
LIBERTY PROPERTY TRUST$387,683
SENIOR HOUSING PROPERTIES TRUST$353,050
DDR CORP$350,674
DOUGLAS EMMETT INC$344,066
HIGHWOODS PROPERTIES INC$336,435
KINDER MORGAN INC/DE$327,658
FOREST CITY REALTY TRUST INC$327,544
SUN COMMUNITIES INC$320,905
CUBESMART$319,896
HOSPITALITY PROPERTIES TRUST$319,431
AMERICAN HOMES 4 RENT$306,011
WEINGARTEN REALTY INVESTORS$300,029
TAUBMAN CENTERS INC$294,068
DCT INDUSTRIAL TRUST INC$286,396
LIFE STORAGE INC$270,022
HEALTHCARE REALTY TRUST INC$263,114
EQUITY COMMONWEALTH$248,167
TANGER FACTORY OUTLET CENTERS INC$244,786
POST PROPERTIES INC$231,389
HUDSON PACIFIC PROPERTIES INC$228,315
ALLERGAN PLC$222,662
FIRST INDUSTRIAL REALTY TRUST INC$215,629
DUPONT FABROS TECHNOLOGY INC$209,963
PIEDMONT OFFICE REALTY TRUST INC$206,684
EDUCATION REALTY TRUST INC$206,037
EQUITY ONE INC$189,966
APPLE HOSPITALITY REIT INC$189,172
ACADIA REALTY TRUST$188,629
SUNSTONE HOTEL INVESTORS INC$181,030
COLUMBIA PROPERTY TRUST INC$180,687
BRANDYWINE REALTY TRUST$178,740
LASALLE HOTEL PROPERTIES$176,399
CORPORATE OFFICE PROPERTIES TRUST$175,543
RLJ LODGING TRUST$170,848
URBAN EDGE PROPERTIES$168,165
MACK-CALI REALTY CORP$159,400
RETAIL OPPORTUNITY INVESTMENTS CORP$158,903
EASTGROUP PROPERTIES INC$158,007
CARE CAPITAL PROPERTIES INC$156,266
KITE REALTY GROUP TRUST$150,963
WASHINGTON PRIME GROUP INC$149,835
WASHINGTON REAL ESTATE INVESTMENT TRUST$149,625
COUSINS PROPERTIES INC$149,334
PS BUSINESS PARKS INC$144,575
LTC PROPERTIES INC$133,094
CBL & ASSOCIATES PROPERTIES INC$131,913
PEBBLEBROOK HOTEL TRUST$125,100
DIAMONDROCK HOSPITALITY CO$119,274
MONOGRAM RESIDENTIAL TRUST INC$115,710
XENIA HOTELS & RESORTS INC$106,518
REXFORD INDUSTRIAL REALTY INC$104,859
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST$104,372
RAMCO-GERSHENSON PROPERTIES TRUST$103,070
NEW YORK REIT INC$98,884
PARKWAY PROPERTIES INC/MD$95,256
COLONY STARWOOD HOMES$93,017
FRANKLIN STREET PROPERTIES CORP$86,360
SERITAGE GROWTH PROPERTIES$74,956
FELCOR LODGING TRUST INC$54,494
UNIVERSAL HEALTH REALTY INCOME TRUST$50,983
SAUL CENTERS INC$50,749
NATIONAL STORAGE AFFILIATES TRUST$49,921
HERSHA HOSPITALITY TRUST$49,501
TIER REIT INC$47,710
CEDAR REALTY TRUST INC$41,040
SILVER BAY REALTY TRUST CORP$40,074
FIRST POTOMAC REALTY TRUST$34,221
ASHFORD HOSPITALITY TRUST INC$30,222
EASTERLY GOVERNMENT PROPERTIES INC$29,288
ASHFORD HOSPITALITY PRIME INC$27,340
INDEPENDENCE REALTY TRUST INC$23,526
NEXPOINT RESIDENTIAL TRUST INC$22,118
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 0.875% 05/31/2018$21,062,382
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$19,921,381
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$18,211,596
UNITED STATES TREASURY NOTE/BOND 0.625% 06/30/2018$17,475,382
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$14,473,224
UNITED STATES TREASURY NOTE/BOND 1% 05/15/2018$9,037,089
CITRIX SYSTEMS INC 0.5% 04/15/2019$8,863,553
INTERDIGITAL INC/PA 1.5% 03/01/2020$7,094,168
NUVASIVE INC 2.25% 03/15/2021$6,565,900
MEDIDATA SOLUTIONS INC 1% 08/01/2018$6,452,188
UNITED STATES TREASURY NOTE/BOND 1% 03/15/2019$6,309,794
MICROCHIP TECHNOLOGY INC 1.625% 02/15/2025$6,227,200
PRICELINE GROUP INC/THE 0.9% 09/15/2021$6,103,414
PROOFPOINT INC 0.75% 06/15/2020$6,055,919
ELECTRONICS FOR IMAGING INC 0.75% 09/01/2019$6,014,969
DISH NETWORK CORP 3.375% 08/15/2026$5,863,000
STARWOOD PROPERTY TRUST INC 4.55% 03/01/2018$5,679,146
WRIGHT MEDICAL GROUP INC 2% 02/15/2020$5,558,788
NXP SEMICONDUCTORS NV 1% 12/01/2019$5,493,895
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$5,281,077
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$5,229,260
INVITATION HOMES 2014-SFR1 TRUST 1.507% 06/17/2031$5,086,100
HURON CONSULTING GROUP INC 1.25% 10/01/2019$4,854,938
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$4,814,475
MICRON TECHNOLOGY INC 3% 11/15/2043$4,559,019
RTI INTERNATIONAL METALS INC 1.625% 10/15/2019$4,489,609
HERBALIFE LTD 2% 08/15/2019$4,426,945
DYCOM INDUSTRIES INC 0.75% 09/15/2021$4,346,055
CARDTRONICS INC 1% 12/01/2020$4,339,980
LIBERTY MEDIA CORP 1.375% 10/15/2023$4,336,650
ALLSCRIPTS HEALTHCARE SOLUTIONS INC 1.25% 07/01/2020$4,274,456
BIOMARIN PHARMACEUTICAL INC 0.75% 10/15/2018$4,263,488
ARES CAPITAL CORP 4.375% 01/15/2019$4,106,850
PRICELINE GROUP INC/THE 0.35% 06/15/2020$3,957,800
TWITTER INC 1% 09/15/2021$3,916,966
ON SEMICONDUCTOR CORP 1% 12/01/2020$3,876,344
MACQUARIE INFRASTRUCTURE CORP 2.875% 07/15/2019$3,718,925
VIPSHOP HOLDINGS LTD 1.5% 03/15/2019$3,669,763
ROVI CORP 0.5% 03/01/2020$3,620,776
AKAMAI TECHNOLOGIES INC 0% 02/15/2019$3,611,606
TOLL BROTHERS FINANCE CORP 0.5% 09/15/2032$3,607,388
COLONY AMERICAN HOMES 2015-1 1.707% 07/17/2032$3,486,982
EURONET WORLDWIDE INC 1.5% 10/01/2044$3,461,411
LIVE NATION ENTERTAINMENT INC 2.5% 05/15/2019$3,447,180
EXTRA SPACE STORAGE LP 3.125% 10/01/2035$3,342,994
FDIC GUARANTEED NOTES TRUST 2010-S1 3.25% 04/25/2038$3,330,572
NEDERLANDSE WATERSCHAPSBANK NV 1.25% 09/18/2017$3,310,164
PORSCHE INNOVATIVE LEASE OWNER TRUST 2015-1 1.19% 07/23/2018$3,304,970
WORKDAY INC 0.75% 07/15/2018$3,262,050
IMPAX LABORATORIES INC 2% 06/15/2022$3,245,835
VERINT SYSTEMS INC 1.5% 06/01/2021$3,239,453
CREDIT SUISSE AG/NEW YORK NY 1.375% 05/26/2017$3,236,789
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$3,209,409
J2 GLOBAL INC 3.25% 06/15/2029$3,209,099
SHUTTERFLY INC 0.25% 05/15/2018$3,194,297
SPIRIT REALTY CAPITAL INC 2.875% 05/15/2019$3,186,014
BANK OF MONTREAL 1.35% 08/28/2018$3,136,018
SYNCHRONOSS TECHNOLOGIES INC 0.75% 08/15/2019$3,126,723
LIBERTY INTERACTIVE LLC 1.75% 09/30/2046$3,120,075
CYPRESS SEMICONDUCTOR CORP 4.5% 01/15/2022$3,100,256
INVITATION HOMES 2014-SFR2 TRUST 1.607% 09/17/2031$3,099,913
CTRIP.COM INTERNATIONAL LTD 1% 07/01/2020$3,004,950
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$2,993,556
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$2,922,017
STANDARD CHARTERED PLC 1.5% 09/08/2017$2,894,287
INTEL CORP 2.95% 12/15/2035$2,876,900
KOMMUNINVEST I SVERIGE AB 1.5% 04/23/2019$2,866,727
IRONWOOD PHARMACEUTICALS INC 2.25% 06/15/2022$2,824,625
BECTON DICKINSON AND CO 1.45% 05/15/2017$2,815,069
CEMEX SAB DE CV 3.72% 03/15/2020$2,807,503
BROOKDALE SENIOR LIVING INC 2.75% 06/15/2018$2,806,203
WEATHERFORD INTERNATIONAL LTD 5.875% 07/01/2021$2,782,828
CTRIP.COM INTERNATIONAL LTD 1.99% 07/01/2025$2,782,369
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$2,772,708
WEB.COM GROUP INC 1% 08/15/2018$2,753,372
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$2,686,006
AMGEN INC 1.25% 05/22/2017$2,661,322
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$2,637,830
INPHI CORP 0.75% 09/01/2021$2,624,150
JAZZ INVESTMENTS I LTD 1.875% 08/15/2021$2,602,906
AETNA INC 1.9% 06/07/2019$2,575,072
WESTPAC BANKING CORP 1.6% 08/19/2019$2,571,190
STMICROELECTRONICS NV 0% 07/03/2019$2,570,750
CHASE ISSUANCE TRUST 1.15% 01/15/2019$2,551,656
CTRIP.COM INTERNATIONAL LTD 1.25% 09/15/2022$2,543,625
HEALTHSOUTH CORP 2% 12/01/2043$2,507,921
BLACKHAWK NETWORK HOLDINGS INC 1.5% 01/15/2022$2,494,288
HORIZON PHARMA INVESTMENT LTD 2.5% 03/15/2022$2,450,097
ROYAL BANK OF CANADA 1.625% 04/15/2019$2,446,407
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$2,444,088
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$2,428,944
HILTON USA TRUST 2013-HLF 1.497% 11/05/2030$2,420,987
LAM RESEARCH CORP 1.25% 05/15/2018$2,403,297
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2015-COSMO 1.758% 01/15/2032$2,390,037
PDC ENERGY INC 1.125% 09/15/2021$2,384,795
MOLINA HEALTHCARE INC 1.625% 08/15/2044$2,383,444
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$2,380,900
NATIONAL HEALTH INVESTORS INC 3.25% 04/01/2021$2,375,325
TUTOR PERINI CORP 2.875% 06/15/2021$2,373,569
INTEGRA LIFESCIENCES HOLDINGS CORP 1.625% 12/15/2016$2,359,088
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.25% 05/23/2017$2,352,580
BANK NEDERLANDSE GEMEENTEN NV 1% 02/12/2018$2,321,151
CREDIT AGRICOLE SA/LONDON 1.48% 04/15/2019$2,305,463
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$2,299,483
TRADE MAPS 1 LTD 1.212% 12/10/2018$2,296,368
INSULET CORP 1.25% 09/15/2021$2,231,041
LIBERTY MEDIA CORP 2.25% 09/30/2046$2,190,563
CAISSE D'AMORTISSEMENT DE LA DETTE SOCIALE 1.25% 03/12/2018$2,161,334
VECTOR GROUP LTD 5.5% 04/15/2020$2,151,425
EMPIRE STATE REALTY OP LP 2.625% 08/15/2019$2,149,446
SVENSKA HANDELSBANKEN AB 1.5% 09/06/2019$2,128,928
BIOMARIN PHARMACEUTICAL INC 1.5% 10/15/2020$2,059,334
ENVESTNET INC 1.75% 12/15/2019$2,044,263
ECHO GLOBAL LOGISTICS INC 2.5% 05/01/2020$2,043,900
ILLUMINA INC 0% 06/15/2019$2,012,400
CHASE ISSUANCE TRUST 0.758% 04/15/2019$1,998,933
CSG SYSTEMS INTERNATIONAL INC 4.25% 03/15/2036$1,988,559
BP CAPITAL MARKETS PLC 1.674% 02/13/2018$1,988,055
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$1,979,476
FEDERAL HOME LOAN MORTGAGE CORP 2.723% 09/01/2035$1,978,209
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2015-2 1.6% 04/15/2021$1,974,652
AT&T INC 2.3% 03/11/2019$1,973,731
SM ENERGY CO 1.5% 07/01/2021$1,958,125
BB&T CORP 1.416% 02/01/2019$1,945,576
TESLA MOTORS INC 1.25% 03/01/2021$1,935,000
INTEGRATED DEVICE TECHNOLOGY INC 0.875% 11/15/2022$1,928,500
STILLWATER MINING CO 1.75% 10/15/2032$1,914,745
SERVICENOW INC 0% 11/01/2018$1,913,213
NAVISTAR INTERNATIONAL CORP 4.5% 10/15/2018$1,912,500
BNZ INTERNATIONAL FUNDING LTD/LONDON 1.9% 02/26/2018$1,911,130
SPECTRANETICS CORP/THE 2.625% 06/01/2034$1,902,093
CITIZENS BANK NA/PROVIDENCE RI 1.6% 12/04/2017$1,899,622
CAPITAL AUTO RECEIVABLES ASSET TRUST 2015-2 1.39% 09/20/2018$1,883,478
ASIAN DEVELOPMENT BANK 0.75% 07/28/2017$1,878,962
NEVRO CORP 1.75% 06/01/2021$1,862,297
COLONY AMERICAN HOMES 2014-2 1.457% 07/17/2031$1,855,123
CHART INDUSTRIES INC 2% 08/01/2018$1,839,713
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$1,827,909
AMTRUST FINANCIAL SERVICES INC 2.75% 12/15/2044$1,818,290
DEPOMED INC 2.5% 09/01/2021$1,815,780
MACQUARIE BANK LTD 1.6% 10/27/2017$1,803,024
CALATLANTIC GROUP INC 0.25% 06/01/2019$1,802,900
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2% 11/16/2018$1,788,479
NRG YIELD INC 3.5% 02/01/2019$1,787,788
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$1,787,435
KNOWLES CORP 3.25% 11/01/2021$1,756,369
WESTPAC BANKING CORP 1.95% 11/23/2018$1,739,654
NEDERLANDSE WATERSCHAPSBANK NV 0.875% 07/13/2018$1,734,474
RED HAT INC 0.25% 10/01/2019$1,734,403
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$1,732,145
LIONS GATE ENTERTAINMENT CORP 5.25% 08/01/2018$1,729,350
PATTERN ENERGY GROUP INC 4% 07/15/2020$1,728,400
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,723,187
BANK OF AMERICA CORP 1.717% 03/22/2018$1,713,195
EUROPEAN INVESTMENT BANK 1.125% 08/15/2018$1,704,070
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$1,703,352
ASIAN DEVELOPMENT BANK 1% 08/16/2019$1,696,682
HSBC BANK PLC 1.457% 05/15/2018$1,691,864
SALESFORCE.COM INC 0.25% 04/01/2018$1,689,356
KRAFT HEINZ FOODS CO 2% 07/02/2018$1,686,127
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,671,592
NEWELL BRANDS INC 2.15% 10/15/2018$1,664,144
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$1,660,792
UBS AG/STAMFORD CT 1.8% 03/26/2018$1,653,643
ANTHEM INC 2.375% 02/15/2017$1,650,874
MORGAN STANLEY 1.874% 01/27/2020$1,647,782
DAIMLER FINANCE NORTH AMERICA LLC 1.65% 03/02/2018$1,633,485
COLONY STARWOOD HOMES 3% 07/01/2019$1,627,681
ABBVIE INC 1.75% 11/06/2017$1,625,759
SUNTORY HOLDINGS LTD 1.65% 09/29/2017$1,622,807
NUANCE COMMUNICATIONS INC 1% 12/15/2035$1,605,625
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$1,601,211
ALLY FINANCIAL INC 3.25% 09/29/2017$1,588,781
AIRCASTLE LTD 6.75% 04/15/2017$1,588,165
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,567,513
CITIGROUP INC 1.55% 08/14/2017$1,562,206
CISCO SYSTEMS INC 1.4% 09/20/2019$1,562,037
FEDERAL HOME LOAN MORTGAGE CORP 0.875% 07/19/2019$1,557,189
SANTANDER UK PLC 1.65% 09/29/2017$1,546,477
PANDORA MEDIA INC 1.75% 12/01/2020$1,528,406
FIREEYE INC 1.625% 06/01/2035$1,525,556
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$1,519,471
TENET HEALTHCARE CORP 6.25% 11/01/2018$1,514,370
PROVINCE OF BRITISH COLUMBIA CANADA 1.2% 04/25/2017$1,503,023
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$1,501,373
COLONY CAPITAL INC 5% 04/15/2023$1,490,390
EZCORP INC 2.125% 06/15/2019$1,487,031
FINISAR CORP 0.5% 12/15/2033$1,478,906
BLACKSTONE MORTGAGE TRUST INC 5.25% 12/01/2018$1,464,663
AP MOELLER - MAERSK A/S 2.55% 09/22/2019$1,460,227
SIEMENS FINANCIERINGSMAATSCHAPPIJ NV 1.65% 08/16/2019$1,454,875
CALATLANTIC GROUP INC 1.625% 05/15/2018$1,454,269
DAIMLER FINANCE NORTH AMERICA LLC 1.375% 08/01/2017$1,450,847
SEACOR HOLDINGS INC 3% 11/15/2028$1,450,700
MIZUHO BANK LTD 1.28% 03/26/2018$1,446,843
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.971% 07/01/2041$1,446,104
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.4% 07/20/2018$1,436,162
PRA GROUP INC 3% 08/01/2020$1,428,913
TOTAL SA 0.5% 12/02/2022$1,427,860
AT&T INC 1.739% 11/27/2018$1,416,611
SKANDINAVISKA ENSKILDA BANKEN AB 1.5% 09/13/2019$1,407,373
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 08/28/2019$1,394,955
THOMSON REUTERS CORP 1.65% 09/29/2017$1,383,761
ING BANK NV 2% 11/26/2018$1,374,540
INVITATION HOMES 2015-SFR3 TRUST 1.807% 08/17/2032$1,370,040
BROCADE COMMUNICATIONS SYSTEMS INC 1.375% 01/01/2020$1,353,909
KFW 1% 07/15/2019$1,345,519
HYUNDAI CAPITAL AMERICA 1.45% 02/06/2017$1,341,292
MEDICINES CO/THE 2.75% 07/15/2023$1,330,063
MORGAN STANLEY 2.45% 02/01/2019$1,303,799
HOLOGIC INC 0% 12/15/2043$1,296,331
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 2.3% 11/15/2019$1,294,261
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.674% 09/25/2028$1,292,433
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.724% 07/25/2024$1,289,432
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.774% 10/25/2028$1,287,324
IONIS PHARMACEUTICALS INC 1% 11/15/2021$1,283,047
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$1,279,291
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$1,274,634
AMERICAN EXPRESS CO 1.401% 05/22/2018$1,273,467
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.7% 07/19/2019$1,267,986
GREEN PLAINS INC 4.125% 09/01/2022$1,259,631
MORGAN STANLEY 1.455% 07/23/2019$1,251,525
GOLDMAN SACHS GROUP INC/THE 1.917% 11/15/2018$1,250,395
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,247,741
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$1,244,400
BANK OF AMERICA CORP 1.7% 08/25/2017$1,242,120
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.474% 05/25/2024$1,232,855
ACTAVIS FUNDING SCS 1.911% 03/12/2020$1,230,971
CIT GROUP INC 5.25% 03/15/2018$1,227,875
ILLUMINA INC 0.5% 06/15/2021$1,222,319
CITIGROUP INC 2.05% 12/07/2018$1,219,808
COMPASS BANK 1.85% 09/29/2017$1,218,809
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$1,216,752
ARRAY BIOPHARMA INC 3% 06/01/2020$1,213,344
ENCORE CAPITAL GROUP INC 3% 07/01/2020$1,208,381
ARES CAPITAL CORP 3.625% 01/19/2022$1,204,200
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$1,200,493
SANTANDER BANK NA 2% 01/12/2018$1,200,449
SCORPIO TANKERS INC 2.375% 07/01/2019$1,199,063
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 1.75% 11/02/2018$1,196,557
ROYAL GOLD INC 2.875% 06/15/2019$1,194,797
BANK OF NEW YORK MELLON CORP/THE 1.316% 08/01/2018$1,193,104
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-2 2.66% 11/15/2021$1,189,190
TEVA PHARMACEUTICAL FINANCE CO LLC 0.25% 02/01/2026$1,174,163
FMS WERTMANAGEMENT AOER 1% 08/16/2019$1,165,274
PNC BANK NA 1.95% 03/04/2019$1,165,073
INTERCEPT PHARMACEUTICALS INC 3.25% 07/01/2023$1,162,434
ING BANK NV 2.3% 03/22/2019$1,157,237
INVITATION HOMES 2013-SFR1 TRUST 1.657% 12/17/2030$1,155,151
HYUNDAI AUTO RECEIVABLES TRUST 2016-B 2.68% 09/15/2023$1,151,540
NISSAN MOTOR ACCEPTANCE CORP 2% 03/08/2019$1,150,839
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$1,149,231
SHELL INTERNATIONAL FINANCE BV 1.375% 05/10/2019$1,147,265
TTM TECHNOLOGIES INC 1.75% 12/15/2020$1,146,960
DISH DBS CORP 4.625% 07/15/2017$1,142,400
ASTORIA FINANCIAL CORP 5% 06/19/2017$1,142,232
51JOB INC 3.25% 04/15/2019$1,125,300
AMERICAN HONDA FINANCE CORP 1.2% 07/12/2019$1,123,838
FORD MOTOR CREDIT CO LLC 2.021% 05/03/2019$1,122,887
HSBC USA INC 1.7% 03/05/2018$1,122,531
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,119,167
UNITED STATES TREASURY NOTE/BOND 0.875% 06/15/2019$1,103,431
CHENIERE ENERGY INC 4.25% 03/15/2045$1,102,922
CNPC GENERAL CAPITAL LTD 1.717% 05/14/2017$1,100,559
MYLAN NV 2.5% 06/07/2019$1,100,389
ACTAVIS FUNDING SCS 1.3% 06/15/2017$1,099,272
ABBVIE INC 1.8% 05/14/2018$1,084,841
GLENCORE FUNDING LLC 2.04% 01/15/2019$1,084,550
STRUCTURED ASSET INVESTMENT LOAN TRUST 2003-BC1 1.204% 01/25/2033$1,082,894
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$1,082,034
KEYW HOLDING CORP/THE 2.5% 07/15/2019$1,075,994
OASIS PETROLEUM INC 2.625% 09/15/2023$1,070,803
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.124% 01/25/2024$1,067,726
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$1,059,083
DEVON ENERGY CORP 1.193% 12/15/2016$1,058,725
CANADIAN NATURAL RESOURCES LTD 1.75% 01/15/2018$1,048,864
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$1,043,326
MITSUBISHI UFJ TRUST & BANKING CORP 1.6% 10/16/2017$1,041,461
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$1,039,825
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 3.2% 07/15/2020$1,035,701
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,032,433
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.6% 11/20/2017$1,018,039
STANDARD CHARTERED PLC 2.1% 08/19/2019$1,010,297
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$1,005,500
UNITED STATES TREASURY NOTE/BOND 0.75% 02/28/2018$1,000,430
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 1.6% 07/15/2019$999,371
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-2 3.02% 04/15/2021$998,282
NCUA GUARANTEED NOTES TRUST 2010-A1 1.015% 12/07/2020$993,904
CIENA CORP 3.75% 10/15/2018$977,900
ASHLAND INC 3.875% 04/15/2018$971,725
HOLOGIC INC 2% 03/01/2042$962,325
WHITING PETROLEUM CORP 1.25% 04/01/2020$943,469
NRG YIELD INC 3.25% 06/01/2020$934,172
NATIONAL OILWELL VARCO INC 1.35% 12/01/2017$926,350
WELLS FARGO BANK NA 1.65% 01/22/2018$922,845
WESTERN DIGITAL CORP 10.5% 04/01/2024$912,563
HYUNDAI CAPITAL AMERICA 2% 03/19/2018$905,436
SUNTRUST BANK/ATLANTA GA 5.2% 01/17/2017$904,951
PALO ALTO NETWORKS INC 0% 07/01/2019$902,331
VEREIT INC 3% 08/01/2018$901,871
BANCO SANTANDER CHILE 1.565% 04/11/2017$901,845
BANK OF AMERICA CORP 1.309% 05/02/2017$900,508
HYUNDAI CAPITAL SERVICES INC 1.625% 08/30/2019$897,537
MIZUHO BANK LTD 1.7% 09/25/2017$892,174
MERITOR INC 7.875% 03/01/2026$888,300
BAXALTA INC 1.427% 06/22/2018$887,116
INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD/NEW YORK 2.351% 11/13/2017$886,623
JPMORGAN CHASE & CO 1.337% 02/15/2017$881,280
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$879,344
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$873,911
VERIZON COMMUNICATIONS INC 2.406% 09/14/2018$872,573
WEBMD HEALTH CORP 2.625% 06/15/2023$871,088
CVS HEALTH CORP 1.9% 07/20/2018$863,653
CITIGROUP INC 2.517% 05/15/2018$863,562
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$860,384
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.524% 10/25/2023$858,566
DAIMLER FINANCE NORTH AMERICA LLC 1.5% 07/05/2019$855,564
SILVER STANDARD RESOURCES INC 2.875% 02/01/2033$854,188
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$847,516
FIFTH THIRD BANCORP 5.45% 01/15/2017$834,797
CHESAPEAKE ENERGY CORP 5.5% 09/15/2026$815,000
CHEVRON CORP 1.79% 11/16/2018$808,534
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$805,157
GENERAL MILLS INC 1.4% 10/20/2017$802,094
BMW US CAPITAL LLC 1.5% 04/11/2019$801,553
SANTANDER UK PLC 1.166% 03/13/2017$799,540
PRUDENTIAL FINANCIAL INC 1.597% 08/15/2018$798,696
WEA FINANCE LLC / WESTFIELD UK & EUROPE FINANCE PLC 1.75% 09/15/2017$781,595
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.974% 11/25/2023$762,872
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2014-3 3.13% 10/08/2020$759,391
CHEVRON CORP 1.344% 11/09/2017$751,574
WALGREENS BOOTS ALLIANCE INC 1.75% 05/30/2018$744,355
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$739,677
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.24% 04/15/2021$736,764
REYNOLDS AMERICAN INC 2.3% 06/12/2018$730,771
CITIGROUP INC 1.85% 11/24/2017$722,449
KUBOTA CREDIT OWNER TRUST 2015-1 0.94% 12/15/2017$714,930
APOLLO COMMERCIAL REAL ESTATE FINANCE INC 5.5% 03/15/2019$713,549
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-4 2.97% 03/15/2021$713,247
HESS CORP 1.3% 06/15/2017$710,006
NCUA GUARANTEED NOTES TRUST 2010-R1 0.923% 10/07/2020$709,254
SMBC AVIATION CAPITAL FINANCE DAC 2.65% 07/15/2021$701,742
THOMSON REUTERS CORP 1.3% 02/23/2017$700,424
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$697,056
CISCO SYSTEMS INC 1.6% 02/28/2019$695,430
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$688,828
CELGENE CORP 2.125% 08/15/2018$687,579
NORDEA BANK AB 1.875% 09/17/2018$684,897
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$682,112
MORGAN STANLEY 6.625% 04/01/2018$675,274
QIAGEN NV 0.375% 03/19/2019$671,400
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$670,992
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 1.57% 06/17/2019$670,707
SPIRIT REALTY CAPITAL INC 3.75% 05/15/2021$665,075
DANSKE BANK A/S 1.65% 09/06/2019$654,425
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.21% 05/10/2021$647,561
JPMORGAN CHASE & CO 6.3% 04/23/2019$646,351
ENBRIDGE INC 1.136% 06/02/2017$638,736
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 4.1% 06/15/2021$634,638
BROADSOFT INC 1% 09/01/2022$626,275
RYDER SYSTEM INC 2.5% 03/01/2017$622,382
DUKE ENERGY CORP 1.034% 04/03/2017$620,694
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$620,062
ELECTRICITE DE FRANCE SA 1.15% 01/20/2017$619,661
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$613,823
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.42% 06/21/2021$612,410
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 2.2% 07/21/2021$608,388
GATX CORP 2.5% 07/30/2019$608,154
JB HUNT TRANSPORT SERVICES INC 2.4% 03/15/2019$605,977
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$602,130
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.2% 03/10/2017$599,940
CITIGROUP INC 2.05% 06/07/2019$594,878
JP MORGAN MORTGAGE TRUST 2013-1 2.5% 03/25/2043$590,996
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$590,709
AES CORP/VA 3.673% 06/01/2019$579,885
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 3.75% 05/11/2017$577,863
EXXON MOBIL CORP 1.708% 03/01/2019$576,280
SHELL INTERNATIONAL FINANCE BV 1.387% 11/10/2018$574,349
NBCUNIVERSAL ENTERPRISE INC 1.365% 04/15/2018$574,073
CAPITAL ONE BANK USA NA 1.15% 11/21/2016$570,176
DRIVE AUTO RECEIVABLES TRUST 2016-B 1.67% 07/15/2019$569,241
BAIDU INC 2.25% 11/28/2017$565,183
PACCAR FINANCIAL CORP 1.28% 12/06/2018$564,013
STRYKER CORP 2% 03/08/2019$557,244
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$543,609
SYNCHRONY FINANCIAL 1.989% 02/03/2020$538,298
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$535,205
CENTERPOINT ENERGY TRANSITION BOND CO IV LLC 0.901% 04/15/2018$534,989
JOHN DEERE CAPITAL CORP 1.4% 03/15/2017$534,166
HUTCHISON WHAMPOA INTERNATIONAL 12 II LTD 2% 11/08/2017$532,831
NEWELL BRANDS INC 2.6% 03/29/2019$531,988
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.045% 06/01/2041$521,626
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$520,726
COLONY AMERICAN HOMES 2014-1 1.657% 05/17/2031$517,998
HERTZ CORP/THE 6.75% 04/15/2019$513,666
AETNA INC 1.7% 06/07/2018$511,835
TSMC GLOBAL LTD 1.625% 04/03/2018$510,982
DRIVE AUTO RECEIVABLES TRUST 2016-B 2.56% 06/15/2020$504,727
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$501,267
FREEPORT-MCMORAN INC 2.15% 03/01/2017$500,625
CREDIT SUISSE AG/NEW YORK NY 1.75% 01/29/2018$500,177
EBAY INC 2.5% 03/09/2018$497,104
AUTODESK INC 1.95% 12/15/2017$493,102
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$492,818
BAXALTA INC 2% 06/22/2018$491,419
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 2.05% 03/15/2019$485,862
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.474% 05/25/2024$485,078
AMERICAN HOMES 4 RENT 2014-SFR1 1.507% 06/17/2031$483,184
KINDER MORGAN INC/DE 3.05% 12/01/2019$480,626
AT&T INC 5.5% 02/01/2018$474,276
FIDELITY NATIONAL INFORMATION SERVICES INC 2% 04/15/2018$474,199
HYUNDAI CAPITAL AMERICA 2.125% 10/02/2017$467,366
QBE INSURANCE GROUP LTD 2.4% 05/01/2018$463,021
GSAMP TRUST 2004-SEA2 1.174% 03/25/2034$462,383
KINDER MORGAN INC/DE 2% 12/01/2017$450,378
MACQUARIE BANK LTD 1.364% 10/27/2017$450,047
FORD MOTOR CREDIT CO LLC 1.897% 08/12/2019$449,661
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.674% 05/25/2028$447,708
QIAGEN NV 0.375% 03/19/2019$447,600
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 2.5% 06/15/2019$446,726
SEQUOIA MORTGAGE TRUST 2012-1 2.865% 01/25/2042$442,230
BP CAPITAL MARKETS PLC 1.316% 05/10/2018$441,569
TECO FINANCE INC 1.265% 04/10/2018$439,098
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.87% 11/08/2021$431,291
SUNTRUST BANK/ATLANTA GA 1.257% 02/15/2017$430,166
LLOYDS BANK PLC 2.3% 11/27/2018$424,700
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$420,152
NOVELIS CORP 6.25% 08/15/2024$414,863
WHIRLPOOL CORP 1.65% 11/01/2017$411,267
FORD MOTOR CREDIT CO LLC 1.486% 03/12/2019$410,654
ENBRIDGE INC 1.296% 10/01/2016$410,000
IHO VERWALTUNGS GMBH 4.125% 09/15/2021$405,000
APPLE INC 1.7% 02/22/2019$404,672
KROGER CO/THE 2.2% 01/15/2017$401,228
NVIDIA CORP 2.2% 09/16/2021$396,658
NEXTERA ENERGY CAPITAL HOLDINGS INC 1.649% 09/01/2018$391,725
OPTION ONE MORTGAGE LOAN TRUST 2005-4 ASSET-BACKED CERTIFICATES SERIES 2005-4 0.784% 11/25/2035$390,610
SYNCHRONY FINANCIAL 3% 08/15/2019$389,236
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$384,452
AMPHENOL CORP 1.55% 09/15/2017$380,618
CAPITAL AUTO RECEIVABLES ASSET TRUST 2013-1 1.74% 10/22/2018$380,411
KEYBANK NA/CLEVELAND OH 1.315% 11/25/2016$380,115
BANK OF AMERICA MORTGAGE 2002-K TRUST 3.027% 10/20/2032$379,300
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$375,929
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 2.65% 08/17/2020$375,842
FORTIVE CORP 1.8% 06/15/2019$371,260
SOUTHERN POWER CO 1.85% 12/01/2017$362,393
LA ARENA FUNDING LLC 7.656% 12/15/2026$361,810
BECTON DICKINSON AND CO 1.8% 12/15/2017$361,745
BAT INTERNATIONAL FINANCE PLC 1.163% 06/15/2018$361,250
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$359,478
ELECTRICITE DE FRANCE SA 1.156% 01/20/2017$350,248
MEDTRONIC INC 1.5% 03/15/2018$341,605
NATIONAL AUSTRALIA BANK LTD 1.3% 06/30/2017$340,227
CARNIVAL CORP 1.875% 12/15/2017$322,614
PACCAR FINANCIAL CORP 1.1% 06/06/2017$320,080
PHILLIPS 66 2.95% 05/01/2017$312,834
CIENA CORP 0.875% 06/15/2017$304,809
WM WRIGLEY JR CO 2% 10/20/2017$302,174
JOHNSON CONTROLS INC 1.4% 11/02/2017$300,975
APPLE INC 1.3% 02/23/2018$300,944
MIZUHO BANK LTD 1.09% 09/25/2017$300,314
FIFTH THIRD BANK/CINCINNATI OH 1.311% 11/18/2016$300,093
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.11% 03/22/2021$292,344
FIDELITY NATIONAL INFORMATION SERVICES INC 1.45% 06/05/2017$290,144
EXXON MOBIL CORP 1.439% 03/01/2018$281,229
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 5.875% 06/15/2021$276,354
SANTANDER UK PLC 2.5% 03/14/2019$274,123
GREATAMERICA LEASING RECEIVABLES FUNDING LLC 1.83% 06/17/2019$270,289
FIFTH THIRD AUTO TRUST 2014-1 0.68% 04/16/2018$264,928
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$263,137
NCUA GUARANTEED NOTES TRUST 2011-R4 0.874% 03/06/2020$262,473
WEA FINANCE LLC / WESTFIELD UK & EUROPE FINANCE PLC 2.7% 09/17/2019$256,480
LOCKHEED MARTIN CORP 1.85% 11/23/2018$254,140
SYNCHRONY FINANCIAL 2.6% 01/15/2019$242,956
NELNET STUDENT LOAN TRUST 2014-2 0.804% 06/25/2021$239,066
VENTAS REALTY LP 1.25% 04/17/2017$229,932
AMERICAN EXPRESS CREDIT CORP 1.125% 06/05/2017$229,909
TRANSALTA CORP 1.9% 06/03/2017$225,197
BERKSHIRE HATHAWAY INC 1.15% 08/15/2018$224,940
NOVELIS CORP 5.875% 09/30/2026$205,250
ALIBABA GROUP HOLDING LTD 2.5% 11/28/2019$204,311
COCA-COLA CO/THE 0.875% 10/27/2017$201,606
BRITISH TELECOMMUNICATIONS PLC 1.25% 02/14/2017$200,038
ZIMMER BIOMET HOLDINGS INC 2.7% 04/01/2020$184,078
HERTZ FLEET LEASE FUNDING LP 1.062% 12/10/2027$168,931
ARAMARK SERVICES INC 5.75% 03/15/2020$166,556
BOISE CASCADE CO 5.625% 09/01/2024$153,000
CEMEX SAB DE CV 3.72% 03/15/2020$136,094
FEDERAL HOME LOAN MORTGAGE CORP 2.854% 12/01/2039$120,340
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.834% 03/01/2036$88,852
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.538% 03/25/2025$88,825
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$37,997
CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP 5% 04/25/2019$14,653
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$17,877,102
 
Other
Holding NameMarket Value
RUSSELL 2000 MINI EQUITY INDEX DEC16 (RTAZ6)$4,755,618
USD$155,043
USD$-2,064,240
All Holdings As of Aug 31, 2016
Equity
Holding NameMarket Value
SIMON PROPERTY GROUP INC$4,602,008
ALLERGAN PLC$3,721,990
AMERICAN TOWER CORP$3,659,146
PUBLIC STORAGE$2,277,022
SOUTHWESTERN ENERGY CO$2,154,180
PROLOGIS INC$1,924,760
WELLTOWER INC$1,890,046
VENTAS INC$1,694,737
AVALONBAY COMMUNITIES INC$1,655,595
EQUITY RESIDENTIAL$1,635,243
MANDATORY EXCHANGEABLE TRUST$1,531,557
BOSTON PROPERTIES INC$1,484,397
HCP INC$1,266,426
VORNADO REALTY TRUST$1,263,791
BELDEN INC$1,195,488
GENERAL GROWTH PROPERTIES INC$1,170,874
ESSEX PROPERTY TRUST INC$1,023,994
DIGITAL REALTY TRUST INC$1,002,494
HOST HOTELS & RESORTS INC$917,463
MCDERMOTT INTERNATIONAL INC$879,744
KIMCO REALTY CORP$868,625
WPX ENERGY INC$840,522
SL GREEN REALTY CORP$812,621
FEDERAL REALTY INVESTMENT TRUST$776,238
KINDER MORGAN INC/DE$758,328
MACERICH CO/THE$711,624
EXTRA SPACE STORAGE INC$694,341
DUKE REALTY CORP$669,537
UDR INC$665,205
ALEXANDRIA REAL ESTATE EQUITIES INC$590,523
REGENCY CENTERS CORP$568,451
CAMDEN PROPERTY TRUST$525,040
BRIXMOR PROPERTY GROUP INC$505,255
MID-AMERICA APARTMENT COMMUNITIES INC$487,902
APARTMENT INVESTMENT & MANAGEMENT CO$486,363
KILROY REALTY CORP$460,038
AMERICAN CAMPUS COMMUNITIES INC$449,136
EQUITY LIFESTYLE PROPERTIES INC$428,043
LIBERTY PROPERTY TRUST$415,145
HESS CORP$403,454
DDR CORP$398,528
SENIOR HOUSING PROPERTIES TRUST$364,053
DOUGLAS EMMETT INC$361,928
FOREST CITY REALTY TRUST INC$356,320
HIGHWOODS PROPERTIES INC$354,519
HOSPITALITY PROPERTIES TRUST$342,098
CUBESMART$335,233
FRONTIER COMMUNICATIONS CORP$334,976
SUN COMMUNITIES INC$327,888
WEINGARTEN REALTY INVESTORS$326,576
TAUBMAN CENTERS INC$321,398
DCT INDUSTRIAL TRUST INC$295,572
LIFE STORAGE INC$285,750
HEALTHCARE REALTY TRUST INC$270,839
EQUITY COMMONWEALTH$268,781
TANGER FACTORY OUTLET CENTERS INC$264,404
AMERICAN HOMES 4 RENT$264,058
HUDSON PACIFIC PROPERTIES INC$245,703
POST PROPERTIES INC$242,585
EDUCATION REALTY TRUST INC$230,854
FIRST INDUSTRIAL REALTY TRUST INC$229,872
LASALLE HOTEL PROPERTIES$216,792
DUPONT FABROS TECHNOLOGY INC$215,816
PIEDMONT OFFICE REALTY TRUST INC$214,220
APPLE HOSPITALITY REIT INC$208,325
SUNSTONE HOTEL INVESTORS INC$205,419
RLJ LODGING TRUST$198,857
COLUMBIA PROPERTY TRUST INC$198,756
BRANDYWINE REALTY TRUST$192,689
EQUITY ONE INC$192,634
URBAN EDGE PROPERTIES$190,159
ACADIA REALTY TRUST$189,835
CORPORATE OFFICE PROPERTIES TRUST$186,464
WASHINGTON PRIME GROUP INC$182,508
CARE CAPITAL PROPERTIES INC$180,510
MACK-CALI REALTY CORP$178,525
KITE REALTY GROUP TRUST$172,674
WASHINGTON REAL ESTATE INVESTMENT TRUST$170,040
EASTGROUP PROPERTIES INC$169,288
RETAIL OPPORTUNITY INVESTMENTS CORP$161,435
COUSINS PROPERTIES INC$157,630
CBL & ASSOCIATES PROPERTIES INC$155,058
PEBBLEBROOK HOTEL TRUST$155,036
PS BUSINESS PARKS INC$154,760
DIAMONDROCK HOSPITALITY CO$152,305
LTC PROPERTIES INC$141,067
XENIA HOTELS & RESORTS INC$130,173
MONOGRAM RESIDENTIAL TRUST INC$125,567
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST$124,622
NEW YORK REIT INC$113,988
RAMCO-GERSHENSON PROPERTIES TRUST$106,865
REXFORD INDUSTRIAL REALTY INC$102,294
PARKWAY PROPERTIES INC/MD$100,800
FRANKLIN STREET PROPERTIES CORP$86,086
COLONY STARWOOD HOMES$78,151
HERSHA HOSPITALITY TRUST$60,984
FELCOR LODGING TRUST INC$60,257
SAUL CENTERS INC$58,194
UNIVERSAL HEALTH REALTY INCOME TRUST$57,895
TIER REIT INC$57,672
SILVER BAY REALTY TRUST CORP$53,284
SERITAGE GROWTH PROPERTIES$50,107
NATIONAL STORAGE AFFILIATES TRUST$48,419
ASHFORD HOSPITALITY TRUST INC$46,002
FIRST POTOMAC REALTY TRUST$45,657
CEDAR REALTY TRUST INC$43,149
NEXPOINT RESIDENTIAL TRUST INC$34,857
ASHFORD HOSPITALITY PRIME INC$30,074
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 0.875% 05/31/2018$24,055,410
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$19,908,985
UNITED STATES TREASURY NOTE/BOND 0.625% 06/30/2018$17,463,070
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$16,678,436
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$14,075,216
UNITED STATES TREASURY NOTE/BOND 1% 03/15/2019$10,497,185
CITRIX SYSTEMS INC 0.5% 04/15/2019$9,597,466
UNITED STATES TREASURY NOTE/BOND 1% 05/15/2018$9,033,219
MICROCHIP TECHNOLOGY INC 1.625% 02/15/2025$7,118,231
INTERDIGITAL INC/PA 1.5% 03/01/2020$7,106,709
NUVASIVE INC 2.25% 03/15/2021$6,498,044
MEDIDATA SOLUTIONS INC 1% 08/01/2018$6,476,250
PROOFPOINT INC 0.75% 06/15/2020$6,199,331
ELECTRONICS FOR IMAGING INC 0.75% 09/01/2019$6,094,188
PRICELINE GROUP INC/THE 0.9% 09/15/2021$6,043,159
UNITED STATES TREASURY NOTE/BOND 0.75% 02/28/2018$5,957,184
STARWOOD PROPERTY TRUST INC 4.55% 03/01/2018$5,695,262
DYCOM INDUSTRIES INC 0.75% 09/15/2021$5,410,206
CARDTRONICS INC 1% 12/01/2020$5,315,559
NXP SEMICONDUCTORS NV 1% 12/01/2019$5,299,344
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$5,225,251
INVITATION HOMES 2014-SFR1 TRUST 1.507% 06/17/2031$5,073,638
CTRIP.COM INTERNATIONAL LTD 1% 07/01/2020$5,070,516
HURON CONSULTING GROUP INC 1.25% 10/01/2019$4,914,000
BIOMARIN PHARMACEUTICAL INC 0.75% 10/15/2018$4,816,631
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$4,807,166
ALLSCRIPTS HEALTHCARE SOLUTIONS INC 1.25% 07/01/2020$4,731,281
DISH NETWORK CORP 3.375% 08/15/2026$4,700,841
HERBALIFE LTD 2% 08/15/2019$4,645,610
UNITED STATES TREASURY NOTE/BOND 0.875% 06/15/2019$4,630,197
RTI INTERNATIONAL METALS INC 1.625% 10/15/2019$4,479,131
FEDERAL HOME LOAN MORTGAGE CORP 0.875% 07/19/2019$4,402,013
LIBERTY MEDIA CORP 1.375% 10/15/2023$4,339,388
JAZZ INVESTMENTS I LTD 1.875% 08/15/2021$4,299,955
EXTRA SPACE STORAGE LP 3.125% 10/01/2035$4,290,477
SPIRIT REALTY CAPITAL INC 2.875% 05/15/2019$4,129,528
ARES CAPITAL CORP 4.375% 01/15/2019$4,121,588
WRIGHT MEDICAL GROUP INC 2% 02/15/2020$4,090,166
MICRON TECHNOLOGY INC 3% 11/15/2043$3,918,485
PRICELINE GROUP INC/THE 0.35% 06/15/2020$3,876,950
J2 GLOBAL INC 3.25% 06/15/2029$3,865,815
TWITTER INC 1% 09/15/2021$3,811,519
MACQUARIE INFRASTRUCTURE CORP 2.875% 07/15/2019$3,681,400
TOLL BROTHERS FINANCE CORP 0.5% 09/15/2032$3,609,675
COLONY AMERICAN HOMES 2015-1 1.707% 07/17/2032$3,487,092
SHUTTERFLY INC 0.25% 05/15/2018$3,447,022
AKAMAI TECHNOLOGIES INC 0% 02/15/2019$3,445,811
FDIC GUARANTEED NOTES TRUST 2010-S1 3.25% 04/25/2038$3,408,659
BLACKHAWK NETWORK HOLDINGS INC 1.5% 01/15/2022$3,390,238
SYNCHRONOSS TECHNOLOGIES INC 0.75% 08/15/2019$3,378,156
EURONET WORLDWIDE INC 1.5% 10/01/2044$3,355,275
NEDERLANDSE WATERSCHAPSBANK NV 1.25% 09/18/2017$3,309,484
PORSCHE INNOVATIVE LEASE OWNER TRUST 2015-1 1.19% 07/23/2018$3,300,057
CREDIT SUISSE AG/NEW YORK NY 1.375% 05/26/2017$3,241,383
IMPAX LABORATORIES INC 2% 06/15/2022$3,241,238
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$3,213,585
VERINT SYSTEMS INC 1.5% 06/01/2021$3,171,433
ROVI CORP 0.5% 03/01/2020$3,155,316
BANK OF MONTREAL 1.35% 08/28/2018$3,139,199
WORKDAY INC 0.75% 07/15/2018$3,126,750
LIVE NATION ENTERTAINMENT INC 2.5% 05/15/2019$3,108,768
INVITATION HOMES 2014-SFR2 TRUST 1.607% 09/17/2031$3,100,283
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$2,992,825
INPHI CORP 1.125% 12/01/2020$2,936,473
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$2,923,278
CEMEX SAB DE CV 3.72% 03/15/2020$2,896,444
STANDARD CHARTERED PLC 1.5% 09/08/2017$2,889,131
KOMMUNINVEST I SVERIGE AB 1.5% 04/23/2019$2,867,429
ON SEMICONDUCTOR CORP 1% 12/01/2020$2,831,672
BROOKDALE SENIOR LIVING INC 2.75% 06/15/2018$2,820,278
BECTON DICKINSON AND CO 1.45% 05/15/2017$2,816,935
VIPSHOP HOLDINGS LTD 1.5% 03/15/2019$2,787,428
INTEL CORP 2.95% 12/15/2035$2,775,500
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$2,773,845
CEPHEID 1.25% 02/01/2021$2,758,350
WEATHERFORD INTERNATIONAL LTD 5.875% 07/01/2021$2,741,063
WEB.COM GROUP INC 1% 08/15/2018$2,728,128
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$2,687,460
CYPRESS SEMICONDUCTOR CORP 4.5% 01/15/2022$2,668,219
AMGEN INC 1.25% 05/22/2017$2,663,282
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$2,631,548
HORIZON PHARMA INVESTMENT LTD 2.5% 03/15/2022$2,620,905
AETNA INC 1.9% 06/07/2019$2,575,490
WESTPAC BANKING CORP 1.6% 08/19/2019$2,570,311
CHASE ISSUANCE TRUST 1.15% 01/15/2019$2,552,349
INTEGRA LIFESCIENCES HOLDINGS CORP 1.625% 12/15/2016$2,537,663
IRONWOOD PHARMACEUTICALS INC 2.25% 06/15/2022$2,528,150
HEALTHSOUTH CORP 2% 12/01/2043$2,521,239
TUTOR PERINI CORP 2.875% 06/15/2021$2,457,275
ROYAL BANK OF CANADA 1.625% 04/15/2019$2,448,740
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$2,439,541
ECHO GLOBAL LOGISTICS INC 2.5% 05/01/2020$2,424,625
HILTON USA TRUST 2013-HLF 1.497% 11/05/2030$2,422,674
NATIONAL HEALTH INVESTORS INC 3.25% 04/01/2021$2,406,375
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2015-COSMO 1.758% 01/15/2032$2,391,317
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$2,383,800
LAM RESEARCH CORP 1.25% 05/15/2018$2,380,722
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.25% 05/23/2017$2,355,688
LIBERTY INTERACTIVE LLC 1.75% 09/30/2046$2,329,988
BANK NEDERLANDSE GEMEENTEN NV 1% 02/12/2018$2,319,803
CREDIT AGRICOLE SA/LONDON 1.48% 04/15/2019$2,308,798
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$2,298,677
MOLINA HEALTHCARE INC 1.625% 08/15/2044$2,298,231
TRADE MAPS 1 LTD 1.212% 12/10/2018$2,294,838
TTM TECHNOLOGIES INC 1.75% 12/15/2020$2,234,322
VECTOR GROUP LTD 5.5% 04/15/2020$2,210,766
EMPIRE STATE REALTY OP LP 2.625% 08/15/2019$2,192,158
LIBERTY MEDIA CORP 2.25% 09/30/2046$2,166,938
CAISSE D'AMORTISSEMENT DE LA DETTE SOCIALE 1.25% 03/12/2018$2,160,446
SVENSKA HANDELSBANKEN AB 1.5% 09/06/2019$2,129,366
FEDERAL HOME LOAN MORTGAGE CORP 2.723% 09/01/2035$2,035,501
CHASE ISSUANCE TRUST 0.758% 04/15/2019$1,997,729
BP CAPITAL MARKETS PLC 1.674% 02/13/2018$1,992,355
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$1,986,789
AT&T INC 2.3% 03/11/2019$1,981,000
ILLUMINA INC 0% 06/15/2019$1,976,119
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 2015-2 1.6% 04/15/2021$1,974,752
STMICROELECTRONICS NV 0% 07/03/2019$1,953,000
BB&T CORP 1.416% 02/01/2019$1,950,951
STILLWATER MINING CO 1.75% 10/15/2032$1,943,760
DEPOMED INC 2.5% 09/01/2021$1,941,121
TESLA MOTORS INC 1.25% 03/01/2021$1,936,406
SM ENERGY CO 1.5% 07/01/2021$1,925,625
BNZ INTERNATIONAL FUNDING LTD/LONDON 1.9% 02/26/2018$1,911,402
SPECTRANETICS CORP/THE 2.625% 06/01/2034$1,911,113
INSULET CORP 2% 06/15/2019$1,906,200
CITIZENS BANK NA/PROVIDENCE RI 1.6% 12/04/2017$1,897,025
CAPITAL AUTO RECEIVABLES ASSET TRUST 2015-2 1.39% 09/20/2018$1,882,325
ASIAN DEVELOPMENT BANK 0.75% 07/28/2017$1,877,926
COLONY AMERICAN HOMES 2014-2 1.457% 07/17/2031$1,858,657
SERVICENOW INC 0% 11/01/2018$1,834,963
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$1,827,920
CHART INDUSTRIES INC 2% 08/01/2018$1,817,589
CALATLANTIC GROUP INC 0.25% 06/01/2019$1,817,420
SALESFORCE.COM INC 0.25% 04/01/2018$1,815,375
MACQUARIE BANK LTD 1.6% 10/27/2017$1,804,320
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$1,804,215
ENVESTNET INC 1.75% 12/15/2019$1,799,906
KNOWLES CORP 3.25% 11/01/2021$1,796,644
ROYAL GOLD INC 2.875% 06/15/2019$1,789,391
WELLS FARGO BANK NA 1.75% 05/24/2019$1,788,992
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2% 11/16/2018$1,787,923
AMTRUST FINANCIAL SERVICES INC 2.75% 12/15/2044$1,776,610
BIOMARIN PHARMACEUTICAL INC 1.5% 10/15/2020$1,773,666
PATTERN ENERGY GROUP INC 4% 07/15/2020$1,754,888
NEVRO CORP 1.75% 06/01/2021$1,754,531
WESTPAC BANKING CORP 1.95% 11/23/2018$1,743,808
WRIGHT MEDICAL GROUP NV 2.25% 11/15/2021$1,736,569
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$1,731,758
NEDERLANDSE WATERSCHAPSBANK NV 0.875% 07/13/2018$1,731,201
INTEGRATED DEVICE TECHNOLOGY INC 0.875% 11/15/2022$1,729,416
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,725,547
LIONS GATE ENTERTAINMENT CORP 5.25% 08/01/2018$1,723,275
BANK OF AMERICA CORP 1.717% 03/22/2018$1,715,224
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$1,704,398
EUROPEAN INVESTMENT BANK 1.125% 08/15/2018$1,703,764
ASIAN DEVELOPMENT BANK 1% 08/16/2019$1,693,885
KRAFT HEINZ FOODS CO 2% 07/02/2018$1,691,389
HSBC BANK PLC 1.457% 05/15/2018$1,687,230
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,672,547
COLONY STARWOOD HOMES 3% 07/01/2019$1,671,597
CSG SYSTEMS INTERNATIONAL INC 4.25% 03/15/2036$1,661,944
NEWELL BRANDS INC 2.15% 10/15/2018$1,661,881
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$1,660,071
UBS AG/STAMFORD CT 1.8% 03/26/2018$1,659,948
ANTHEM INC 2.375% 02/15/2017$1,652,917
CIENA CORP 3.75% 10/15/2018$1,651,419
MORGAN STANLEY 1.874% 01/27/2020$1,643,985
RED HAT INC 0.25% 10/01/2019$1,639,706
DAIMLER FINANCE NORTH AMERICA LLC 1.65% 03/02/2018$1,636,867
ABBVIE INC 1.75% 11/06/2017$1,627,894
SUNTORY HOLDINGS LTD 1.65% 09/29/2017$1,623,532
AIRCASTLE LTD 6.75% 04/15/2017$1,602,117
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$1,601,628
ALLY FINANCIAL INC 3.25% 09/29/2017$1,592,719
NUANCE COMMUNICATIONS INC 1% 12/15/2035$1,578,556
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,566,720
CITIGROUP INC 1.55% 08/14/2017$1,562,819
NABORS INDUSTRIES INC 2.35% 09/15/2016$1,550,161
SANTANDER UK PLC 1.65% 09/29/2017$1,547,185
CALATLANTIC GROUP INC 1.625% 05/15/2018$1,541,994
FIREEYE INC 1.625% 06/01/2035$1,521,394
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$1,521,366
TENET HEALTHCARE CORP 6.25% 11/01/2018$1,514,370
PROVINCE OF BRITISH COLUMBIA CANADA 1.2% 04/25/2017$1,502,739
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$1,502,451
COLONY CAPITAL INC 5% 04/15/2023$1,499,740
PANDORA MEDIA INC 1.75% 12/01/2020$1,498,438
SEACOR HOLDINGS INC 3% 11/15/2028$1,474,063
AP MOELLER - MAERSK A/S 2.55% 09/22/2019$1,471,193
SIEMENS FINANCIERINGSMAATSCHAPPIJ NV 1.65% 08/16/2019$1,466,038
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.971% 07/01/2041$1,465,888
DAIMLER FINANCE NORTH AMERICA LLC 1.375% 08/01/2017$1,453,347
MIZUHO BANK LTD 1.28% 03/26/2018$1,448,931
EZCORP INC 2.125% 06/15/2019$1,445,698
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.4% 07/20/2018$1,438,024
TOTAL SA 0.5% 12/02/2022$1,432,550
AT&T INC 1.739% 11/27/2018$1,415,515
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.724% 07/25/2024$1,396,785
THOMSON REUTERS CORP 1.65% 09/29/2017$1,385,790
ING BANK NV 2% 11/26/2018$1,377,342
INVITATION HOMES 2015-SFR3 TRUST 1.807% 08/17/2032$1,368,571
MEDICINES CO/THE 2.75% 07/15/2023$1,365,000
ARAMARK CORP US TLE 3.25% 09/30/2016$1,358,809
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$1,353,144
KFW 1% 07/15/2019$1,345,024
HYUNDAI CAPITAL AMERICA 1.45% 02/06/2017$1,340,729
BROCADE COMMUNICATIONS SYSTEMS INC 1.375% 01/01/2020$1,333,434
MORGAN STANLEY 2.45% 02/01/2019$1,305,503
HOLOGIC INC 0% 12/15/2043$1,304,244
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.774% 10/25/2028$1,298,878
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.674% 09/25/2028$1,298,469
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.474% 05/25/2024$1,289,676
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 2.3% 11/15/2019$1,285,625
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$1,282,410
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$1,275,779
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 1.7% 07/19/2019$1,273,617
AMERICAN EXPRESS CO 1.401% 05/22/2018$1,269,218
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$1,255,380
GOLDMAN SACHS GROUP INC/THE 1.917% 11/15/2018$1,254,124
MORGAN STANLEY 1.455% 07/23/2019$1,252,291
TEVA PHARMACEUTICAL FINANCE CO LLC 0.25% 02/01/2026$1,248,888
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,247,990
BANK OF AMERICA CORP 1.7% 08/25/2017$1,244,268
JOHN DEERE CAPITAL CORP 1.4% 03/15/2017$1,236,456
ACTAVIS FUNDING SCS 1.911% 03/12/2020$1,232,511
SCORPIO TANKERS INC 2.375% 07/01/2019$1,230,000
CIT GROUP INC 5.25% 03/15/2018$1,227,875
PRA GROUP INC 3% 08/01/2020$1,219,633
CITIGROUP INC 2.05% 12/07/2018$1,219,537
COMPASS BANK 1.85% 09/29/2017$1,216,457
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$1,213,105
BROADSOFT INC 1% 09/01/2022$1,207,456
SANTANDER BANK NA 2% 01/12/2018$1,200,854
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$1,200,617
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 1.75% 11/02/2018$1,195,543
BANK OF NEW YORK MELLON CORP/THE 1.316% 08/01/2018$1,193,087
IONIS PHARMACEUTICALS INC 1% 11/15/2021$1,188,516
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-2 2.66% 11/15/2021$1,186,375
ILLUMINA INC 0.5% 06/15/2021$1,183,294
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$1,180,879
ENCORE CAPITAL GROUP INC 3% 07/01/2020$1,170,450
FMS WERTMANAGEMENT AOER 1% 08/16/2019$1,165,139
PNC BANK NA 1.95% 03/04/2019$1,164,211
INVITATION HOMES 2013-SFR1 TRUST 1.657% 12/17/2030$1,158,591
ING BANK NV 2.3% 03/22/2019$1,157,949
SHELL INTERNATIONAL FINANCE BV 1.375% 05/10/2019$1,150,199
NISSAN MOTOR ACCEPTANCE CORP 2% 03/08/2019$1,149,338
DISH DBS CORP 4.625% 07/15/2017$1,148,000
ASTORIA FINANCIAL CORP 5% 06/19/2017$1,141,407
AMERICAN HONDA FINANCE CORP 1.2% 07/12/2019$1,128,082
FORD MOTOR CREDIT CO LLC 2.021% 05/03/2019$1,127,055
HSBC USA INC 1.7% 03/05/2018$1,121,686
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,119,809
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.124% 01/25/2024$1,114,726
BLACKSTONE MORTGAGE TRUST INC 5.25% 12/01/2018$1,106,350
MYLAN NV 2.5% 06/07/2019$1,105,108
CNPC GENERAL CAPITAL LTD 1.717% 05/14/2017$1,100,637
PERRIGO CO PLC 1.3% 11/08/2016$1,100,502
KEYW HOLDING CORP/THE 2.5% 07/15/2019$1,100,350
ACTAVIS FUNDING SCS 1.3% 06/15/2017$1,097,308
INTERCEPT PHARMACEUTICALS INC 3.25% 07/01/2023$1,090,631
STRUCTURED ASSET INVESTMENT LOAN TRUST 2003-BC1 1.204% 01/25/2033$1,090,075
ABBVIE INC 1.8% 05/14/2018$1,086,232
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$1,081,620
GLENCORE FUNDING LLC 2.04% 01/15/2019$1,079,100
CHENIERE ENERGY INC 4.25% 03/15/2045$1,072,734
GREEN PLAINS INC 4.125% 09/01/2022$1,062,000
DEVON ENERGY CORP 1.193% 12/15/2016$1,055,974
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$1,046,518
CANADIAN NATURAL RESOURCES LTD 1.75% 01/15/2018$1,046,497
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$1,043,924
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$1,043,846
MITSUBISHI UFJ TRUST & BANKING CORP 1.6% 10/16/2017$1,041,861
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,034,060
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 3.2% 07/15/2020$1,031,880
CTRIP.COM INTERNATIONAL LTD 1.99% 07/01/2025$1,027,031
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.6% 11/20/2017$1,018,894
STANDARD CHARTERED PLC 2.1% 08/19/2019$1,012,328
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$1,006,330
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 1.6% 07/15/2019$998,998
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-2 3.02% 04/15/2021$998,087
NRG YIELD INC 3.5% 02/01/2019$997,425
NCUA GUARANTEED NOTES TRUST 2010-A1 1.015% 12/07/2020$995,920
ASHLAND INC 3.875% 04/15/2018$969,375
HOLOGIC INC 2% 03/01/2042$963,647
WELLS FARGO BANK NA 1.65% 01/22/2018$925,659
NATIONAL OILWELL VARCO INC 1.35% 12/01/2017$923,533
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.524% 10/25/2023$908,246
SUNTRUST BANK/ATLANTA GA 5.2% 01/17/2017$907,424
HYUNDAI CAPITAL AMERICA 2% 03/19/2018$905,068
WHITING PETROLEUM CORP 1.25% 04/01/2020$903,034
BANCO SANTANDER CHILE 1.565% 04/11/2017$900,675
VERIZON COMMUNICATIONS INC 2.183% 09/15/2016$900,373
BANK OF AMERICA CORP 1.309% 05/02/2017$899,744
HYUNDAI CAPITAL SERVICES INC 1.625% 08/30/2019$899,643
MIZUHO BANK LTD 1.7% 09/25/2017$891,910
WESTERN DIGITAL CORP 10.5% 04/01/2024$889,013
KUBOTA CREDIT OWNER TRUST 2015-1 0.94% 12/15/2017$887,624
BAXALTA INC 1.427% 06/22/2018$886,987
INDUSTRIAL & COMMERCIAL BANK OF CHINA LTD/NEW YORK 2.351% 11/13/2017$885,935
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$880,705
JPMORGAN CHASE & CO 1.337% 02/15/2017$880,095
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$876,031
VERIZON COMMUNICATIONS INC 2.406% 09/14/2018$874,418
CITIGROUP INC 2.517% 05/15/2018$866,629
CVS HEALTH CORP 1.9% 07/20/2018$866,136
WEBMD HEALTH CORP 2.625% 06/15/2023$862,188
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$860,952
DAIMLER FINANCE NORTH AMERICA LLC 1.5% 07/05/2019$857,363
SILVER STANDARD RESOURCES INC 2.875% 02/01/2033$856,891
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$847,050
FIFTH THIRD BANCORP 5.45% 01/15/2017$839,539
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.974% 11/25/2023$831,534
NRG YIELD INC 3.25% 06/01/2020$829,758
CHEVRON CORP 1.79% 11/16/2018$810,230
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$805,553
BMW US CAPITAL LLC 1.5% 04/11/2019$804,204
GENERAL MILLS INC 1.4% 10/20/2017$803,285
SANTANDER UK PLC 1.166% 03/13/2017$799,434
PRUDENTIAL FINANCIAL INC 1.597% 08/15/2018$798,641
PALO ALTO NETWORKS INC 0% 07/01/2019$792,813
WEA FINANCE LLC / WESTFIELD UK & EUROPE FINANCE PLC 1.75% 09/15/2017$781,391
CAPITAL ONE FINANCIAL CORP 6.15% 09/01/2016$770,000
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2014-3 3.13% 10/08/2020$759,162
CHEVRON CORP 1.344% 11/09/2017$752,694
WORKDAY INC 1.5% 07/15/2020$747,750
WALGREENS BOOTS ALLIANCE INC 1.75% 05/30/2018$745,013
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$740,034
REYNOLDS AMERICAN INC 2.3% 06/12/2018$731,632
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.24% 04/15/2021$729,363
CITIGROUP INC 1.85% 11/24/2017$723,497
NCUA GUARANTEED NOTES TRUST 2010-R1 0.923% 10/07/2020$721,531
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-4 2.97% 03/15/2021$713,039
HESS CORP 1.3% 06/15/2017$704,854
SMBC AVIATION CAPITAL FINANCE DAC 2.65% 07/15/2021$701,338
THOMSON REUTERS CORP 1.3% 02/23/2017$701,147
CISCO SYSTEMS INC 1.6% 02/28/2019$698,434
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$697,531
CELGENE CORP 2.125% 08/15/2018$688,556
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$687,744
NORDEA BANK AB 1.875% 09/17/2018$685,272
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$682,526
MORGAN STANLEY 6.625% 04/01/2018$679,612
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$671,282
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 1.57% 06/17/2019$669,273
SPIRIT REALTY CAPITAL INC 3.75% 05/15/2021$665,440
QIAGEN NV 0.375% 03/19/2019$656,700
BERKSHIRE HATHAWAY INC 1.15% 08/15/2018$650,694
JPMORGAN CHASE & CO 6.3% 04/23/2019$649,047
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.21% 05/10/2021$646,594
ENBRIDGE INC 1.136% 06/02/2017$634,443
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2016-2 4.1% 06/15/2021$624,187
RYDER SYSTEM INC 2.5% 03/01/2017$622,264
DUKE ENERGY CORP 1.034% 04/03/2017$620,963
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$620,807
ELECTRICITE DE FRANCE SA 1.15% 01/20/2017$619,793
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$615,916
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$615,624
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$613,467
TEVA PHARMACEUTICAL FINANCE NETHERLANDS III BV 2.2% 07/21/2021$611,334
JB HUNT TRANSPORT SERVICES INC 2.4% 03/15/2019$607,477
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.42% 06/21/2021$606,950
GATX CORP 2.5% 07/30/2019$606,316
JP MORGAN MORTGAGE TRUST 2013-1 2.5% 03/25/2043$603,984
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$601,039
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.2% 03/10/2017$599,891
CITIGROUP INC 2.05% 06/07/2019$595,142
SUNPOWER CORP 4% 01/15/2023$592,000
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.674% 05/25/2028$585,546
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 3.75% 05/11/2017$578,851
AES CORP/VA 3.673% 06/01/2019$578,443
EXXON MOBIL CORP 1.708% 03/01/2019$576,969
NBCUNIVERSAL ENTERPRISE INC 1.365% 04/15/2018$574,856
SHELL INTERNATIONAL FINANCE BV 1.387% 11/10/2018$574,819
CAPITAL ONE BANK USA NA 1.15% 11/21/2016$570,009
DRIVE AUTO RECEIVABLES TRUST 2016-B 1.67% 07/15/2019$569,746
BAIDU INC 2.25% 11/28/2017$565,186
PACCAR FINANCIAL CORP 1.28% 12/06/2018$564,700
STRYKER CORP 2% 03/08/2019$557,316
SYNCHRONY FINANCIAL 1.989% 02/03/2020$537,998
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$537,038
CENTERPOINT ENERGY TRANSITION BOND CO IV LLC 0.901% 04/15/2018$534,716
HUTCHISON WHAMPOA INTERNATIONAL 12 II LTD 2% 11/08/2017$534,211
NEWELL BRANDS INC 2.6% 03/29/2019$532,502
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.474% 05/25/2024$532,145
MERITOR INC 7.875% 03/01/2026$526,953
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.045% 06/01/2041$520,985
COLONY AMERICAN HOMES 2014-1 1.657% 05/17/2031$519,607
AETNA INC 1.7% 06/07/2018$513,545
HERTZ CORP/THE 6.75% 04/15/2019$513,295
TSMC GLOBAL LTD 1.625% 04/03/2018$511,199
HEALTHWAYS INC 1.5% 07/01/2018$505,753
DRIVE AUTO RECEIVABLES TRUST 2016-B 2.56% 06/15/2020$502,793
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$501,242
CREDIT SUISSE AG/NEW YORK NY 1.75% 01/29/2018$500,749
FREEPORT-MCMORAN INC 2.15% 03/01/2017$500,625
NUANCE COMMUNICATIONS INC 1.5% 11/01/2035$498,750
AMERICAN HOMES 4 RENT 2014-SFR1 1.507% 06/17/2031$498,451
EBAY INC 2.5% 03/09/2018$497,926
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$493,047
AUTODESK INC 1.95% 12/15/2017$491,939
BAXALTA INC 2% 06/22/2018$491,148
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 2.05% 03/15/2019$485,824
KINDER MORGAN INC/DE 3.05% 12/01/2019$483,198
APOLLO COMMERCIAL REAL ESTATE FINANCE INC 5.5% 03/15/2019$480,727
GSAMP TRUST 2004-SEA2 1.174% 03/25/2034$479,032
AT&T INC 5.5% 02/01/2018$475,700
FIDELITY NATIONAL INFORMATION SERVICES INC 2% 04/15/2018$473,150
HYUNDAI CAPITAL AMERICA 2.125% 10/02/2017$468,266
QBE INSURANCE GROUP LTD 2.4% 05/01/2018$462,793
TESLA MOTORS INC 0.25% 03/01/2019$458,288
KINDER MORGAN INC/DE 2% 12/01/2017$450,632
FORD MOTOR CREDIT CO LLC 1.897% 08/12/2019$450,580
MACQUARIE BANK LTD 1.364% 10/27/2017$450,130
SEQUOIA MORTGAGE TRUST 2012-1 2.865% 01/25/2042$444,414
PENSKE TRUCK LEASING CO LP / PTL FINANCE CORP 2.5% 06/15/2019$443,978
BP CAPITAL MARKETS PLC 1.316% 05/10/2018$441,905
QIAGEN NV 0.375% 03/19/2019$437,800
TECO FINANCE INC 1.265% 04/10/2018$434,603
CC HOLDINGS GS V LLC / CROWN CASTLE GS III CORP 2.381% 12/15/2017$434,081
SUNTRUST BANK/ATLANTA GA 1.257% 02/15/2017$429,871
OPTION ONE MORTGAGE LOAN TRUST 2005-4 ASSET-BACKED CERTIFICATES SERIES 2005-4 0.784% 11/25/2035$428,870
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.87% 11/08/2021$428,038
LLOYDS BANK PLC 2.3% 11/27/2018$424,911
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$420,260
WHIRLPOOL CORP 1.65% 11/01/2017$411,607
FORD MOTOR CREDIT CO LLC 1.486% 03/12/2019$409,972
ENBRIDGE INC 1.296% 10/01/2016$409,509
NOVELIS CORP 6.25% 08/15/2024$407,550
APPLE INC 1.7% 02/22/2019$405,678
KROGER CO/THE 2.2% 01/15/2017$401,853
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$394,547
NEXTERA ENERGY CAPITAL HOLDINGS INC 1.649% 09/01/2018$391,187
SYNCHRONY FINANCIAL 3% 08/15/2019$388,615
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$384,921
BANK OF AMERICA MORTGAGE 2002-K TRUST 3.027% 10/20/2032$381,482
AMPHENOL CORP 1.55% 09/15/2017$381,191
KEYBANK NA/CLEVELAND OH 1.315% 11/25/2016$380,243
CAPITAL AUTO RECEIVABLES ASSET TRUST 2013-1 1.74% 10/22/2018$380,213
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 2.65% 08/17/2020$373,769
FORTIVE CORP 1.8% 06/15/2019$373,023
LA ARENA FUNDING LLC 7.656% 12/15/2026$362,748
SOUTHERN POWER CO 1.85% 12/01/2017$362,546
BECTON DICKINSON AND CO 1.8% 12/15/2017$362,239
BAT INTERNATIONAL FINANCE PLC 1.163% 06/15/2018$361,111
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$359,766
FIFTH THIRD AUTO TRUST 2014-1 0.68% 04/16/2018$355,488
ELECTRICITE DE FRANCE SA 1.156% 01/20/2017$350,289
MEDTRONIC INC 1.5% 03/15/2018$342,099
NATIONAL AUSTRALIA BANK LTD 1.3% 06/30/2017$340,340
UNITED STATES TREASURY NOTE/BOND 0.875% 11/30/2017$330,677
CARNIVAL CORP 1.875% 12/15/2017$322,395
PACCAR FINANCIAL CORP 1.1% 06/06/2017$320,449
PHILLIPS 66 2.95% 05/01/2017$313,644
WM WRIGLEY JR CO 2% 10/20/2017$302,720
APPLE INC 1.3% 02/23/2018$301,589
MCKESSON CORP 1.292% 03/10/2017$300,476
JOHNSON CONTROLS INC 1.4% 11/02/2017$300,228
FIFTH THIRD BANK/CINCINNATI OH 1.311% 11/18/2016$300,140
MIZUHO BANK LTD 1.09% 09/25/2017$300,074
FIDELITY NATIONAL INFORMATION SERVICES INC 1.45% 06/05/2017$289,940
CAPITAL AUTO RECEIVABLES ASSET TRUST 2016-2 2.11% 03/22/2021$288,637
NCUA GUARANTEED NOTES TRUST 2011-R4 0.874% 03/06/2020$281,990
EXXON MOBIL CORP 1.439% 03/01/2018$281,687
NELNET STUDENT LOAN TRUST 2014-2 0.804% 06/25/2021$280,356
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 5.875% 06/15/2021$275,024
SANTANDER UK PLC 2.5% 03/14/2019$274,137
GREATAMERICA LEASING RECEIVABLES FUNDING LLC 1.83% 06/17/2019$269,962
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$263,284
WEA FINANCE LLC / WESTFIELD UK & EUROPE FINANCE PLC 2.7% 09/17/2019$256,199
LOCKHEED MARTIN CORP 1.85% 11/23/2018$254,550
SYNCHRONY FINANCIAL 2.6% 01/15/2019$243,430
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$242,198
ATLAS AIR WORLDWIDE HOLDINGS INC 2.25% 06/01/2022$235,148
AMERICAN EXPRESS CREDIT CORP 1.125% 06/05/2017$229,976
VENTAS REALTY LP 1.25% 04/17/2017$229,761
TRANSALTA CORP 1.9% 06/03/2017$225,181
ALIBABA GROUP HOLDING LTD 2.5% 11/28/2019$203,978
COCA-COLA CO/THE 0.875% 10/27/2017$201,896
BRITISH TELECOMMUNICATIONS PLC 1.25% 02/14/2017$200,172
HERTZ FLEET LEASE FUNDING LP 1.062% 12/10/2027$191,024
ZIMMER BIOMET HOLDINGS INC 2.7% 04/01/2020$184,423
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.538% 03/25/2025$170,739
ARAMARK SERVICES INC 5.75% 03/15/2020$166,961
BOISE CASCADE CO 5.625% 09/01/2024$153,750
CEMEX SAB DE CV 3.72% 03/15/2020$140,806
PORSCHE FINANCIAL AUTO SECURITIZATION TRUST 2014-1 0.67% 01/23/2018$129,064
FEDERAL HOME LOAN MORTGAGE CORP 2.854% 12/01/2039$120,412
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.834% 03/01/2036$89,597
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$70,137
CAPITAL AUTO RECEIVABLES ASSET TRUST 2013-1 1.29% 04/20/2018$39,575
CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP 5% 04/25/2019$18,597
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$23,724,428
 
Other
Holding NameMarket Value
RUSSELL 2000 MINI EQUITY INDEX SEP16 (RTAU6)$19,882,736
USD$-271,490
USD$-21,215,547
All Holdings As of Jul 31, 2016
Equity
Holding NameMarket Value
SIMON PROPERTY GROUP INC$5,066,398
ALLERGAN PLC$4,006,640
AMERICAN TOWER CORP$3,728,905
PUBLIC STORAGE$2,539,003
SOUTHWESTERN ENERGY CO$2,231,115
PROLOGIS INC$2,063,972
WELLTOWER INC$2,041,875
VENTAS INC$1,856,628
AVALONBAY COMMUNITIES INC$1,835,893
EQUITY RESIDENTIAL$1,791,604
BOSTON PROPERTIES INC$1,573,805
VORNADO REALTY TRUST$1,373,646
GENERAL GROWTH PROPERTIES INC$1,342,411
HCP INC$1,320,717
BELDEN INC$1,196,944
DIGITAL REALTY TRUST INC$1,105,396
ESSEX PROPERTY TRUST INC$1,102,978
WPX ENERGY INC$1,068,621
ANTHEM INC$1,062,833
KIMCO REALTY CORP$970,736
HOST HOTELS & RESORTS INC$955,264
FEDERAL REALTY INVESTMENT TRUST$866,997
MCDERMOTT INTERNATIONAL INC$860,720
SL GREEN REALTY CORP$850,778
FRONTIER COMMUNICATIONS CORP$830,592
MACERICH CO/THE$811,549
EXTRA SPACE STORAGE INC$776,072
KINDER MORGAN INC/DE$741,760
DUKE REALTY CORP$717,389
UDR INC$716,454
MANDATORY EXCHANGEABLE TRUST$655,867
ALEXANDRIA REAL ESTATE EQUITIES INC$597,436
REGENCY CENTERS CORP$597,058
MID-AMERICA APARTMENT COMMUNITIES INC$576,537
CAMDEN PROPERTY TRUST$561,281
HESS CORP$560,320
APARTMENT INVESTMENT & MANAGEMENT CO$518,358
AMERICAN CAMPUS COMMUNITIES INC$507,771
KILROY REALTY CORP$485,748
EQUITY LIFESTYLE PROPERTIES INC$475,758
BRIXMOR PROPERTY GROUP INC$469,736
LIBERTY PROPERTY TRUST$436,642
DDR CORP$436,057
HIGHWOODS PROPERTIES INC$390,486
DOUGLAS EMMETT INC$384,280
CUBESMART$379,545
SENIOR HOUSING PROPERTIES TRUST$379,458
FOREST CITY REALTY TRUST INC$373,481
SUN COMMUNITIES INC$369,235
WEINGARTEN REALTY INVESTORS$358,650
TAUBMAN CENTERS INC$351,193
HOSPITALITY PROPERTIES TRUST$347,787
SOVRAN SELF STORAGE INC$341,302
DCT INDUSTRIAL TRUST INC$319,751
ANADARKO PETROLEUM CORP$311,928
HEALTHCARE REALTY TRUST INC$297,886
TANGER FACTORY OUTLET CENTERS$285,168
AMERICAN HOMES 4 RENT$275,004
EQUITY COMMONWEALTH$270,810
DUPONT FABROS TECHNOLOGY INC$255,795
FIRST INDUSTRIAL REALTY TRUST INC$247,401
POST PROPERTIES INC$244,376
PIEDMONT OFFICE REALTY TRUST INC$228,681
EDUCATION REALTY TRUST INC$228,424
APPLE HOSPITALITY REIT INC$227,390
LASALLE HOTEL PROPERTIES$223,568
EQUITY ONE INC$217,253
HUDSON PACIFIC PROPERTIES INC$216,215
COLUMBIA PROPERTY TRUST INC$215,322
RLJ LODGING TRUST$212,663
BRANDYWINE REALTY TRUST$212,005
SUNSTONE HOTEL INVESTORS INC$206,735
CORPORATE OFFICE PROPERTIES TRUST$203,578
URBAN EDGE PROPERTIES$198,453
ACADIA REALTY TRUST$193,535
KITE REALTY GROUP TRUST$181,821
MACK-CALI REALTY CORP$181,354
WASHINGTON REAL ESTATE INVESTMENT TRUST$179,405
RETAIL OPPORTUNITY INVESTMENTS CORP$178,782
CARE CAPITAL PROPERTIES INC$178,042
EASTGROUP PROPERTIES INC$169,841
WP GLIMCHER INC$168,428
PS BUSINESS PARKS INC$154,913
PEBBLEBROOK HOTEL TRUST$153,024
COUSINS PROPERTIES INC$152,195
LTC PROPERTIES INC$145,441
DIAMONDROCK HOSPITALITY CO$141,231
XENIA HOTELS & RESORTS INC$138,831
CBL & ASSOCIATES PROPERTIES INC$133,543
MONOGRAM RESIDENTIAL TRUST INC$127,835
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST$126,360
RAMCO-GERSHENSON PROPERTIES TRUST$121,024
REXFORD INDUSTRIAL REALTY INC$116,152
NEW YORK REIT INC$112,572
PARKWAY PROPERTIES INC/MD$109,431
COLONY STARWOOD HOMES$94,644
FRANKLIN STREET PROPERTIES CORP$87,868
FELCOR LODGING TRUST INC$64,135
TIER REIT INC$62,748
HERSHA HOSPITALITY TRUST$58,987
SAUL CENTERS INC$58,975
SERITAGE GROWTH PROPERTIES$56,368
UNIVERSAL HEALTH REALTY INCOME TRUST$56,090
NATIONAL STORAGE AFFILIATES TRUST$50,946
SILVER BAY REALTY TRUST CORP$50,456
FIRST POTOMAC REALTY TRUST$45,839
CEDAR REALTY TRUST INC$45,828
ASHFORD HOSPITALITY TRUST INC$39,336
NEXPOINT RESIDENTIAL TRUST INC$32,490
ASHFORD HOSPITALITY PRIME INC$29,163
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND .875% 05/31/2018$24,109,807
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$17,447,747
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$16,705,693
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$14,099,603
UNITED STATES TREASURY NOTE/BOND .625% 06/30/2018$12,504,691
UNITED STATES TREASURY NOTE/BOND 1% 03/15/2019$10,031,592
CITRIX SYSTEMS INC .5% 04/15/2019$9,974,016
UNITED STATES TREASURY NOTE/BOND .875% 06/15/2019$9,845,196
UNITED STATES TREASURY NOTE/BOND 1% 05/15/2018$9,053,964
MICROCHIP TECHNOLOGY INC 1.625% 02/15/2025$7,624,094
ELECTRONICS FOR IMAGING INC .75% 09/01/2019$7,193,525
MEDIDATA SOLUTIONS INC 1% 08/01/2018$6,695,975
DYCOM INDUSTRIES INC .75% 09/15/2021$6,612,591
NUVASIVE INC 2.25% 03/15/2021$6,499,125
PROOFPOINT INC .75% 06/15/2020$6,422,600
INTERDIGITAL INC/PA 1.5% 03/01/2020$6,319,318
CARDTRONICS INC 1% 12/01/2020$6,101,140
STARWOOD PROPERTY TRUST INC 4.55% 03/01/2018$6,013,701
UNITED STATES TREASURY NOTE/BOND .75% 02/28/2018$5,967,545
PRICELINE GROUP INC/THE .35% 06/15/2020$5,952,358
NXP SEMICONDUCTORS NV 1% 12/01/2019$5,375,860
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$5,241,475
INVITATION HOMES 2014-SFR1 TRUST 1.482% 06/17/2031$5,050,146
UNITED STATES TREASURY NOTE/BOND 1.125% 06/15/2018$5,043,065
ALLSCRIPTS HEALTHCARE SOLUTIONS INC 1.25% 07/01/2020$5,040,300
JAZZ INVESTMENTS I LTD 1.875% 08/15/2021$5,038,623
HURON CONSULTING GROUP INC 1.25% 10/01/2019$5,009,063
HERBALIFE LTD 2% 08/15/2019$4,849,747
BIOMARIN PHARMACEUTICAL INC .75% 10/15/2018$4,830,606
EXTRA SPACE STORAGE LP 3.125% 10/01/2035$4,815,720
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$4,802,467
LIBERTY MEDIA CORP 1.375% 10/15/2023$4,792,794
RTI INTERNATIONAL METALS INC 1.625% 10/15/2019$4,779,821
CTRIP.COM INTERNATIONAL LTD 1% 07/01/2020$4,725,175
FEDERAL HOME LOAN MORTGAGE CORP .875% 07/19/2019$4,418,891
ARES CAPITAL CORP 4.375% 01/15/2019$4,368,094
SPIRIT REALTY CAPITAL INC 2.875% 05/15/2019$4,357,744
INTEGRATED DEVICE TECHNOLOGY INC .875% 11/15/2022$4,176,563
AKAMAI TECHNOLOGIES INC 0% 02/15/2019$4,026,771
TWITTER INC 1% 09/15/2021$3,942,141
MACQUARIE INFRASTRUCTURE CORP 2.875% 07/15/2019$3,903,900
PRICELINE GROUP INC/THE .9% 09/15/2021$3,899,687
J2 GLOBAL INC 3.25% 06/15/2029$3,808,905
IMPAX LABORATORIES INC 2% 06/15/2022$3,653,729
BLACKHAWK NETWORK HOLDINGS INC 1.5% 01/15/2022$3,577,250
FDIC GUARANTEED NOTES TRUST 2010-S1 3.25% 04/25/2038$3,506,093
COLONY AMERICAN HOMES 2015-1 1.682% 07/17/2032$3,468,885
EURONET WORLDWIDE INC 1.5% 10/01/2044$3,420,328
VERINT SYSTEMS INC 1.5% 06/01/2021$3,407,881
SYNCHRONOSS TECHNOLOGIES INC .75% 08/15/2019$3,379,843
STILLWATER MINING CO 1.75% 10/15/2032$3,334,939
TOLL BROTHERS FINANCE CORP .5% 09/15/2032$3,331,144
NEDERLANDSE WATERSCHAPSBANK NV 1.25% 09/18/2017$3,314,444
PORSCHE INNOVATIVE LEASE OWNER TRUST 201 1.19% 07/23/2018$3,299,936
LIVE NATION ENTERTAINMENT INC 2.5% 05/15/2019$3,293,443
WORKDAY INC .75% 07/15/2018$3,286,641
CREDIT SUISSE AG/NEW YORK NY 1.375% 05/26/2017$3,240,561
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$3,226,441
SHUTTERFLY INC .25% 05/15/2018$3,211,988
INTEGRA LIFESCIENCES HOLDINGS CORP 1.625% 12/15/2016$3,114,913
WRIGHT MEDICAL GROUP NV 2.25% 11/15/2021$3,092,450
INVITATION HOMES 2014-SFR2 TRUST 1.582% 09/17/2031$3,085,928
WRIGHT MEDICAL GROUP INC 2% 02/15/2020$3,051,953
BROOKDALE SENIOR LIVING INC 2.75% 06/15/2018$3,000,488
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$2,994,881
ROVI CORP .5% 03/01/2020$2,972,935
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$2,926,144
MOLINA HEALTHCARE INC 1.625% 08/15/2044$2,921,875
CEPHEID 1.25% 02/01/2021$2,920,363
ON SEMICONDUCTOR CORP 1% 12/01/2020$2,906,750
INTEL CORP 2.95% 12/15/2035$2,900,953
STANDARD CHARTERED PLC 1.5% 09/08/2017$2,887,994
KOMMUNINVEST I SVERIGE AB 1.5% 04/23/2019$2,879,161
BECTON DICKINSON AND CO 1.45% 05/15/2017$2,819,770
WEATHERFORD INTERNATIONAL LTD 5.875% 07/01/2021$2,806,650
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$2,785,419
YAHOO! INC 0% 12/01/2018$2,753,278
CEMEX SAB DE CV 3.72% 03/15/2020$2,752,125
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINAN 3.48% 06/01/2019$2,686,515
CYPRESS SEMICONDUCTOR CORP 4.5% 01/15/2022$2,666,728
CALATLANTIC GROUP INC .25% 06/01/2019$2,665,271
AMGEN INC 1.25% 05/22/2017$2,664,099
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$2,654,502
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$2,636,081
HEALTHSOUTH CORP 2% 12/01/2043$2,613,139
WEBMD HEALTH CORP 2.625% 06/15/2023$2,598,400
AETNA INC 1.9% 06/07/2019$2,585,187
IRONWOOD PHARMACEUTICALS INC 2.25% 06/15/2022$2,584,200
INPHI CORP 1.125% 12/01/2020$2,576,759
CHASE ISSUANCE TRUST 1.15% 01/15/2019$2,553,313
NATIONAL HEALTH INVESTORS INC 3.25% 04/01/2021$2,500,188
TTM TECHNOLOGIES INC 1.75% 12/15/2020$2,471,630
ROYAL BANK OF CANADA 1.625% 04/15/2019$2,459,737
LAM RESEARCH CORP 1.25% 05/15/2018$2,440,350
HILTON USA TRUST 2013-HLF 1.468% 11/05/2030$2,425,823
ECHO GLOBAL LOGISTICS INC 2.5% 05/01/2020$2,423,969
WEB.COM GROUP INC 1% 08/15/2018$2,423,831
RED HAT INC .25% 10/01/2019$2,395,997
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$2,395,400
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.731% 01/15/2032$2,391,375
HOLOGIC INC 2% 03/01/2042$2,382,188
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.25% 05/23/2017$2,353,791
HORIZON PHARMA INVESTMENT LTD 2.5% 03/15/2022$2,344,736
TUTOR PERINI CORP 2.875% 06/15/2021$2,337,500
NUANCE COMMUNICATIONS INC 1% 12/15/2035$2,330,063
VIPSHOP HOLDINGS LTD 1.5% 03/15/2019$2,326,153
BANK NEDERLANDSE GEMEENTEN NV 1% 02/12/2018$2,323,714
CREDIT AGRICOLE SA/LONDON 1.48% 04/15/2019$2,306,187
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$2,305,476
BIOMARIN PHARMACEUTICAL INC 1.5% 10/15/2020$2,296,575
TRADE MAPS 1 LTD 1.174% 12/10/2018$2,293,158
SIEMENS FINANCIERINGSMAATSCHAPPIJ NV 1.65% 08/16/2019$2,241,460
EMPIRE STATE REALTY OP LP 2.625% 08/15/2019$2,215,933
VECTOR GROUP LTD 5.5% 04/15/2020$2,191,016
CAISSE D'AMORTISSEMENT DE LA DETTE SOCIA 1.25% 03/12/2018$2,165,238
STMICROELECTRONICS NV 0% 07/03/2019$2,147,200
TESLA MOTORS INC 1.25% 03/01/2021$2,119,500
FEDERAL HOME LOAN MORTGAGE CORP 2.657% 09/01/2035$2,119,263
ALLY FINANCIAL INC 3.25% 09/29/2017$2,085,750
NUANCE COMMUNICATIONS INC 1.5% 11/01/2035$2,006,184
CHASE ISSUANCE TRUST .731% 04/15/2019$1,996,520
BP CAPITAL MARKETS PLC 1.674% 02/13/2018$1,994,284
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$1,985,489
AT&T INC 2.3% 03/11/2019$1,983,846
SALESFORCE.COM INC .25% 04/01/2018$1,975,313
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$1,973,493
SERVICENOW INC 0% 11/01/2018$1,971,984
BB&T CORP 1.297% 02/01/2019$1,947,756
MICRON TECHNOLOGY INC 3% 11/15/2043$1,919,418
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$1,919,288
BNZ INTERNATIONAL FUNDING LTD/LONDON 1.9% 02/26/2018$1,913,254
CITIZENS BANK NA/PROVIDENCE RI 1.6% 12/04/2017$1,896,168
ROYAL GOLD INC 2.875% 06/15/2019$1,893,941
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 1.39% 09/20/2018$1,880,789
ASIAN DEVELOPMENT BANK .75% 07/28/2017$1,879,966
DEPOMED INC 2.5% 09/01/2021$1,860,813
COLONY AMERICAN HOMES 2014-2 1.401% 07/17/2031$1,846,911
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$1,830,533
COLONY STARWOOD HOMES 3% 07/01/2019$1,827,000
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$1,817,219
MACQUARIE BANK LTD 1.6% 10/27/2017$1,804,378
WELLS FARGO BANK NA 1.75% 05/24/2019$1,795,224
AUSTRALIA & NEW ZEALAND BANKING GROUP LT 2% 11/16/2018$1,792,953
SPECTRANETICS CORP/THE 2.625% 06/01/2034$1,791,632
PATTERN ENERGY GROUP INC 4% 07/15/2020$1,769,850
ENCORE CAPITAL GROUP INC 3% 07/01/2020$1,762,622
INSULET CORP 2% 06/15/2019$1,750,680
KNOWLES CORP 3.25% 11/01/2021$1,747,625
WESTPAC BANKING CORP 1.95% 11/23/2018$1,747,197
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$1,737,147
NEDERLANDSE WATERSCHAPSBANK NV .875% 07/13/2018$1,735,796
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,730,418
LIONS GATE ENTERTAINMENT CORP 5.25% 08/01/2018$1,721,250
BANK OF AMERICA CORP 1.717% 03/22/2018$1,712,779
EUROPEAN INVESTMENT BANK 1.125% 08/15/2018$1,708,209
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$1,704,527
KRAFT HEINZ FOODS CO 2% 07/02/2018$1,694,549
HSBC BANK PLC 1.266% 05/15/2018$1,681,920
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,673,530
NEWELL BRANDS INC 2.15% 10/15/2018$1,667,358
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$1,661,773
UBS AG/STAMFORD CT 1.8% 03/26/2018$1,661,161
ANTHEM INC 2.375% 02/15/2017$1,655,676
FIREEYE INC 1.625% 06/01/2035$1,648,034
DAIMLER FINANCE NORTH AMERICA LLC 1.65% 03/02/2018$1,640,585
MORGAN STANLEY 1.874% 01/27/2020$1,637,094
ABBVIE INC 1.75% 11/06/2017$1,629,283
SUNTORY HOLDINGS LTD 1.65% 09/29/2017$1,626,171
ILLUMINA INC 0% 06/15/2019$1,625,775
CSG SYSTEMS INTERNATIONAL INC 4.25% 03/15/2036$1,611,925
AIRCASTLE LTD 6.75% 04/15/2017$1,606,363
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$1,600,147
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,571,611
CITIGROUP INC 1.55% 08/14/2017$1,564,097
CIENA CORP 3.75% 10/15/2018$1,562,175
NABORS INDUSTRIES INC 2.35% 09/15/2016$1,548,318
ILLUMINA INC .5% 06/15/2021$1,547,600
SANTANDER UK PLC 1.65% 09/29/2017$1,545,065
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$1,522,706
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.688% 07/25/2024$1,513,292
PROVINCE OF BRITISH COLUMBIA CANADA 1.2% 04/25/2017$1,505,646
TENET HEALTHCARE CORP 6.25% 11/01/2018$1,505,545
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$1,502,906
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.971% 07/01/2041$1,491,809
AMTRUST FINANCIAL SERVICES INC 2.75% 12/15/2044$1,487,575
NEVRO CORP 1.75% 06/01/2021$1,487,475
SUNPOWER CORP 4% 01/15/2023$1,486,547
COLONY CAPITAL INC 5% 04/15/2023$1,480,105
AP MOELLER - MAERSK A/S 2.55% 09/22/2019$1,474,069
CDW LLC TERM LOAN 3.25% 09/30/2016$1,468,019
CTRIP.COM INTERNATIONAL LTD 1.99% 07/01/2025$1,466,588
BROCADE COMMUNICATIONS SYSTEMS INC 1.375% 01/01/2020$1,454,381
DAIMLER FINANCE NORTH AMERICA LLC 1.375% 08/01/2017$1,448,834
BROADSOFT INC 1% 09/01/2022$1,448,550
MIZUHO BANK LTD 1.28% 03/26/2018$1,447,022
TEVA PHARMACEUTICAL FINANCE NETHERLANDS 1.4% 07/20/2018$1,445,435
AT&T INC 1.577% 11/27/2018$1,409,442
SEACOR HOLDINGS INC 3% 11/15/2028$1,407,313
THOMSON REUTERS CORP 1.65% 09/29/2017$1,385,658
TEVA PHARMACEUTICAL FINANCE CO LLC .25% 02/01/2026$1,384,500
ING BANK NV 2% 11/26/2018$1,379,621
MEDICINES CO/THE 2.75% 07/15/2023$1,367,438
INVITATION HOMES 2015-SFR3 TRUST 1.832% 08/17/2032$1,363,953
ARAMARK CORP US TLE 3.25% 09/30/2016$1,359,438
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$1,353,837
KFW 1% 07/15/2019$1,351,323
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.438% 05/25/2024$1,349,895
HYUNDAI CAPITAL AMERICA 1.45% 02/06/2017$1,340,961
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.738% 10/25/2028$1,313,200
MORGAN STANLEY 2.45% 02/01/2019$1,309,434
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.638% 09/25/2028$1,307,606
FMS WERTMANAGEMENT AOER 1.125% 09/05/2017$1,304,138
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 2.3% 11/15/2019$1,284,200
IMPERIAL BRANDS FINANCE PLC 2.05% 07/20/2018$1,282,761
HEALTHWAYS INC 1.5% 07/01/2018$1,282,384
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$1,278,831
TEVA PHARMACEUTICAL FINANCE NETHERLANDS 1.7% 07/19/2019$1,278,505
AMERICAN EXPRESS CO 1.244% 05/22/2018$1,269,177
GOLDMAN SACHS GROUP INC/THE 1.726% 11/15/2018$1,249,222
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,247,110
MORGAN STANLEY 1.455% 07/23/2019$1,246,210
BANK OF AMERICA CORP 1.7% 08/25/2017$1,244,799
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$1,238,300
JOHN DEERE CAPITAL CORP 1.4% 03/15/2017$1,237,774
CIT GROUP INC 5.25% 03/15/2018$1,224,938
CITIGROUP INC 2.05% 12/07/2018$1,223,338
COMPASS BANK 1.85% 09/29/2017$1,216,704
ACTAVIS FUNDING SCS 1.911% 03/12/2020$1,214,101
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$1,211,760
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$1,210,448
SANTANDER BANK NA 2% 01/12/2018$1,202,412
AMERIGAS PARTNERS LP / AMERIGAS FINANCE 6.25% 08/20/2019$1,202,125
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$1,201,189
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK 1.75% 11/02/2018$1,199,189
BANK OF NEW YORK MELLON CORP/THE 1.197% 08/01/2018$1,189,136
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.66% 11/15/2021$1,182,390
INTERCEPT PHARMACEUTICALS INC 3.25% 07/01/2023$1,171,491
PNC BANK NA 1.95% 03/04/2019$1,168,991
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.088% 01/25/2024$1,163,966
SCORPIO TANKERS INC 2.375% 07/01/2019$1,162,500
ING BANK NV 2.3% 03/22/2019$1,162,046
PRA GROUP INC 3% 08/01/2020$1,157,398
INVITATION HOMES 2013-SFR1 TRUST 1.632% 12/17/2030$1,156,111
SHELL INTERNATIONAL FINANCE BV 1.375% 05/10/2019$1,155,360
REGIONS FINANCIAL CORP 2% 05/15/2018$1,153,896
NISSAN MOTOR ACCEPTANCE CORP 2% 03/08/2019$1,152,586
DISH DBS CORP 4.625% 07/15/2017$1,148,000
ASTORIA FINANCIAL CORP 5% 06/19/2017$1,144,931
AMERICAN HONDA FINANCE CORP 1.2% 07/12/2019$1,131,263
FORD MOTOR CREDIT CO LLC 2.021% 05/03/2019$1,130,380
ALLIED IRISH BANKS PLC 2.875% 11/28/2016$1,127,762
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,123,793
HSBC USA INC 1.7% 03/05/2018$1,120,824
WORKDAY INC 1.5% 07/15/2020$1,113,716
KEYW HOLDING CORP/THE 2.5% 07/15/2019$1,112,150
MYLAN NV 2.5% 06/07/2019$1,110,642
STRUCTURED ASSET INVESTMENT LOAN TRUST 2 1.168% 01/25/2033$1,103,953
PERRIGO CO PLC 1.3% 11/08/2016$1,100,862
ACTAVIS FUNDING SCS 1.3% 06/15/2017$1,098,351
CNPC GENERAL CAPITAL LTD 1.526% 05/14/2017$1,097,562
BLACKSTONE MORTGAGE TRUST INC 5.25% 12/01/2018$1,096,834
ABBVIE INC 1.8% 05/14/2018$1,089,204
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$1,082,870
NRG YIELD INC 3.5% 02/01/2019$1,061,594
ENVESTNET INC 1.75% 12/15/2019$1,056,300
DEVON ENERGY CORP 1.193% 12/15/2016$1,054,610
GLENCORE FUNDING LLC 2.04% 01/15/2019$1,051,850
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$1,049,376
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$1,047,430
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$1,047,195
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$1,045,015
MITSUBISHI UFJ TRUST & BANKING CORP 1.6% 10/16/2017$1,043,664
CANADIAN NATURAL RESOURCES LTD 1.75% 01/15/2018$1,041,855
CHART INDUSTRIES INC 2% 08/01/2018$1,035,096
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,034,387
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.6% 11/20/2017$1,020,211
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.2% 07/15/2020$1,017,846
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$1,007,860
AUSTRALIA & NEW ZEALAND BANKING GROUP LT 1.6% 07/15/2019$1,002,292
NCUA GUARANTEED NOTES TRUST 2010-A1 .795% 12/07/2020$1,000,975
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 3.02% 04/15/2021$996,408
ATLAS AIR WORLDWIDE HOLDINGS INC 2.25% 06/01/2022$994,851
ASHLAND INC 3.875% 04/15/2018$967,025
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.488% 10/25/2023$960,431
HOLOGIC INC 0% 12/15/2043$956,156
EZCORP INC 2.125% 06/15/2019$954,311
WHITING PETROLEUM CORP 1.25% 04/01/2020$935,250
WELLS FARGO BANK NA 1.65% 01/22/2018$927,075
NATIONAL OILWELL VARCO INC 1.35% 12/01/2017$922,223
CALATLANTIC GROUP INC 1.625% 05/15/2018$913,950
SUNTRUST BANK/ATLANTA GA 5.2% 01/17/2017$910,493
HYUNDAI CAPITAL AMERICA 2% 03/19/2018$905,654
BANCO SANTANDER CHILE 1.565% 04/11/2017$902,250
VERIZON COMMUNICATIONS INC 2.183% 09/15/2016$901,751
BANK OF AMERICA CORP 1.187% 05/02/2017$898,117
MIZUHO BANK LTD 1.7% 09/25/2017$893,058
INDUSTRIAL & COMMERCIAL BANK OF CHINA LT 2.351% 11/13/2017$887,632
WESTERN DIGITAL CORP 10.5% 04/01/2024$886,069
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.938% 11/25/2023$885,824
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$881,581
JPMORGAN CHASE & CO 1.146% 02/15/2017$881,211
BAXALTA INC 1.427% 06/22/2018$881,211
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$879,750
PANDORA MEDIA INC 1.75% 12/01/2020$877,400
VERIZON COMMUNICATIONS INC 2.406% 09/14/2018$874,666
CVS HEALTH CORP 1.9% 07/20/2018$867,876
CITIGROUP INC 2.326% 05/15/2018$866,512
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$861,180
DAIMLER FINANCE NORTH AMERICA LLC 1.5% 07/05/2019$860,147
MGIC INVESTMENT CORP 2% 04/01/2020$854,813
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$848,037
PALO ALTO NETWORKS INC 0% 07/01/2019$847,328
FIFTH THIRD BANCORP 5.45% 01/15/2017$841,787
CHEVRON CORP 1.79% 11/16/2018$812,378
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$806,708
BMW US CAPITAL LLC 1.5% 04/11/2019$805,668
GENERAL MILLS INC 1.4% 10/20/2017$804,434
SANTANDER UK PLC 1.166% 03/13/2017$799,492
PRUDENTIAL FINANCIAL INC 1.406% 08/15/2018$798,579
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$782,356
CAPITAL ONE FINANCIAL CORP 6.15% 09/01/2016$772,988
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 3.13% 10/08/2020$760,010
CHEVRON CORP 1.344% 11/09/2017$753,089
WALGREENS BOOTS ALLIANCE INC 1.75% 05/30/2018$746,668
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$741,196
NCUA GUARANTEED NOTES TRUST 2010-R1 .915% 10/07/2020$736,047
REYNOLDS AMERICAN INC 2.3% 06/12/2018$733,092
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 3.24% 04/15/2021$732,276
CITIGROUP INC 1.85% 11/24/2017$723,812
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.97% 03/15/2021$715,757
CHENIERE ENERGY INC 4.25% 03/15/2045$713,163
HESS CORP 1.3% 06/15/2017$707,646
SMBC AVIATION CAPITAL FINANCE DAC 2.65% 07/15/2021$704,963
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$701,551
THOMSON REUTERS CORP 1.3% 02/23/2017$700,606
CISCO SYSTEMS INC 1.6% 02/28/2019$700,422
CELGENE CORP 2.125% 08/15/2018$690,216
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$689,439
NORDEA BANK AB 1.875% 09/17/2018$686,802
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$685,126
MORGAN STANLEY 6.625% 04/01/2018$682,788
SPIRIT REALTY CAPITAL INC 3.75% 05/15/2021$681,162
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.638% 05/25/2028$674,040
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$673,496
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$671,847
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 1.57% 06/17/2019$669,931
QIAGEN NV .375% 03/19/2019$660,150
JPMORGAN CHASE & CO 6.3% 04/23/2019$653,210
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2.21% 05/10/2021$645,625
ENBRIDGE INC 1.136% 06/02/2017$631,976
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 4.1% 06/15/2021$626,700
RYDER SYSTEM INC 2.5% 03/01/2017$625,540
ELECTRICITE DE FRANCE SA 1.15% 01/20/2017$620,111
DUKE ENERGY CORP 1.034% 04/03/2017$620,058
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$619,520
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$618,738
TEVA PHARMACEUTICAL FINANCE NETHERLANDS 2.2% 07/21/2021$613,790
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$613,604
JP MORGAN MORTGAGE TRUST 2013-1 2.5% 03/25/2043$610,115
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 2.42% 06/21/2021$609,907
GATX CORP 2.5% 07/30/2019$607,545
JB HUNT TRANSPORT SERVICES INC 2.4% 03/15/2019$605,713
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$600,900
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.2% 03/10/2017$600,767
CITIGROUP INC 2.05% 06/07/2019$596,620
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.045% 06/01/2041$587,302
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.438% 05/25/2024$583,401
NVIDIA CORP 1% 12/01/2018$580,791
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$579,691
EXXON MOBIL CORP 1.708% 03/01/2019$579,235
AES TIETE ENERGIA SA 3.673% 06/01/2019$577,000
NBCUNIVERSAL ENTERPRISE INC 1.365% 04/15/2018$573,531
SHELL INTERNATIONAL FINANCE BV 1.21% 11/10/2018$572,189
CAPITAL ONE BANK USA NA 1.15% 11/21/2016$570,414
DRIVE AUTO RECEIVABLES TRUST 2016-B 1.67% 07/15/2019$570,379
BAIDU INC 2.25% 11/28/2017$565,539
PACCAR FINANCIAL CORP 1.28% 12/06/2018$562,932
STRYKER CORP 2% 03/08/2019$559,755
PENSKE AUTOMOTIVE GROUP INC 5.5% 05/15/2026$554,400
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$540,009
SYNCHRONY FINANCIAL 1.867% 02/03/2020$537,763
HUTCHISON WHAMPOA INTERNATIONAL 12 II LT 2% 11/08/2017$535,141
NEWELL BRANDS INC 2.6% 03/29/2019$535,137
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$534,586
COLONY AMERICAN HOMES 2014-1 1.632% 05/17/2031$518,703
AETNA INC 1.7% 06/07/2018$514,593
HERTZ CORP/THE 6.75% 04/15/2019$512,040
TSMC GLOBAL LTD 1.625% 04/03/2018$510,771
AMERICAN HOMES 4 RENT 2014-SFR1 1.482% 06/17/2031$508,579
DRIVE AUTO RECEIVABLES TRUST 2016-B 2.56% 06/15/2020$503,983
MURPHY OIL CORP 3.5% 12/01/2017$501,806
CREDIT SUISSE AG/NEW YORK NY 1.75% 01/29/2018$500,799
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$500,708
FREEPORT-MCMORAN INC 2.15% 03/01/2017$500,000
EBAY INC 2.5% 03/09/2018$499,259
GSAMP TRUST 2004-SEA2 1.138% 03/25/2034$499,029
TESLA MOTORS INC .25% 03/01/2019$495,209
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$493,949
AUTODESK INC 1.95% 12/15/2017$491,706
BAXALTA INC 2% 06/22/2018$489,780
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK 2.05% 03/15/2019$487,299
MERITOR INC 7.875% 03/01/2026$483,990
KINDER MORGAN INC/DE 3.05% 12/01/2019$482,258
APOLLO COMMERCIAL REAL ESTATE FINANCE IN 5.5% 03/15/2019$480,727
AT&T INC 5.5% 02/01/2018$478,077
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$472,451
HYUNDAI CAPITAL AMERICA 2.125% 10/02/2017$469,215
SEQUOIA MORTGAGE TRUST 2012-1 2.865% 01/25/2042$466,855
QBE INSURANCE GROUP LTD 2.4% 05/01/2018$463,817
KINDER MORGAN INC/DE 2% 12/01/2017$451,949
MACQUARIE BANK LTD 1.364% 10/27/2017$449,492
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$445,287
FIFTH THIRD AUTO TRUST 2014-1 .68% 04/16/2018$444,841
OPTION ONE MORTGAGE LOAN TRUST 2005-4 AS .748% 11/25/2035$442,274
BP CAPITAL MARKETS PLC 1.14% 05/10/2018$440,658
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$434,729
TECO FINANCE INC 1.265% 04/10/2018$434,285
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2.87% 11/08/2021$430,247
SUNTRUST BANK/ATLANTA GA 1.066% 02/15/2017$429,845
LLOYDS BANK PLC 2.3% 11/27/2018$425,613
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$420,322
WHIRLPOOL CORP 1.65% 11/01/2017$411,986
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$411,633
ENBRIDGE INC 1.296% 10/01/2016$408,848
FORD MOTOR CREDIT CO LLC 1.486% 03/12/2019$407,364
APPLE INC 1.7% 02/22/2019$407,173
KROGER CO/THE 2.2% 01/15/2017$402,307
HUNTINGTON NATIONAL BANK/THE 1.35% 08/02/2016$400,000
SYNCHRONY FINANCIAL 3% 08/15/2019$388,588
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$386,053
BANK OF AMERICA MORTGAGE 2002-K TRUST 3.027% 10/20/2032$383,704
AMPHENOL CORP 1.55% 09/15/2017$380,882
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$380,643
KEYBANK NA/CLEVELAND OH 1.152% 11/25/2016$380,291
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.65% 08/17/2020$374,155
FORTIVE CORP 1.8% 06/15/2019$373,145
LA ARENA FUNDING LLC 7.656% 12/15/2026$365,371
SOUTHERN POWER CO 1.85% 12/01/2017$362,967
BECTON DICKINSON AND CO 1.8% 12/15/2017$362,620
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$359,658
BAT INTERNATIONAL FINANCE PLC 1.163% 06/15/2018$359,395
ELECTRICITE DE FRANCE SA 1.156% 01/20/2017$350,296
MEDTRONIC INC 1.5% 03/15/2018$342,817
NATIONAL AUSTRALIA BANK LTD 1.3% 06/30/2017$340,358
UNITED STATES TREASURY NOTE/BOND .875% 11/30/2017$331,108
CARNIVAL CORP 1.875% 12/15/2017$322,926
PACCAR FINANCIAL CORP 1.1% 06/06/2017$320,661
NELNET STUDENT LOAN TRUST 2014-2 .768% 06/25/2021$315,261
PHILLIPS 66 2.95% 05/01/2017$314,139
PORSCHE FINANCIAL AUTO SECURITIZATION TR .67% 01/23/2018$312,262
WM WRIGLEY JR CO 2% 10/20/2017$302,598
APPLE INC 1.3% 02/23/2018$302,062
MCKESSON CORP 1.292% 03/10/2017$300,552
JOHNSON CONTROLS INC 1.4% 11/02/2017$300,497
NCUA GUARANTEED NOTES TRUST 2011-R4 .853% 03/06/2020$300,446
FIFTH THIRD BANK/CINCINNATI OH 1.136% 11/18/2016$300,230
MIZUHO BANK LTD 1.09% 09/25/2017$299,462
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 2.11% 03/22/2021$289,985
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$289,963
EXXON MOBIL CORP 1.439% 03/01/2018$281,942
SANTANDER UK PLC 2.5% 03/14/2019$274,485
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINAN 5.875% 06/15/2021$271,933
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$270,083
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$263,505
WEA FINANCE LLC / WESTFIELD UK & EUROPE 2.7% 09/17/2019$256,156
LOCKHEED MARTIN CORP 1.85% 11/23/2018$255,137
SYNCHRONY FINANCIAL 2.6% 01/15/2019$243,224
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$243,094
AMERICAN EXPRESS CREDIT CORP 1.125% 06/05/2017$230,314
VENTAS REALTY LP 1.25% 04/17/2017$230,211
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.538% 03/25/2025$225,560
TRANSALTA CORP 1.9% 06/03/2017$220,878
HERTZ FLEET LEASE FUNDING LP 1.024% 12/10/2027$214,031
ALIBABA GROUP HOLDING LTD 2.5% 11/28/2019$203,516
COCA-COLA CO/THE .875% 10/27/2017$202,245
BRITISH TELECOMMUNICATIONS PLC 1.25% 02/14/2017$200,085
ZIMMER BIOMET HOLDINGS INC 2.7% 04/01/2020$183,954
ARAMARK SERVICES INC 5.75% 03/15/2020$166,961
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$153,611
CEMEX SAB DE CV 3.72% 03/15/2020$133,250
FEDERAL HOME LOAN MORTGAGE CORP 2.754% 12/01/2039$120,610
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.833% 03/01/2036$93,083
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$83,417
CREDIT SUISSE FIRST BOSTON MORTGAGE SECU 5% 04/25/2019$19,457
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$17,030,050
 
Other
Holding NameMarket Value
RUSSELL 2000 MINI EQUITY INDEX SEP16 (RTAU6)$15,351,248
USD$371,172
US 2YR NOTE (CBT) BOND SEP16 (TUU6) COMDTY$21,034
EURO$268
CURRENCY CONTRACT$-8,655
USD$-15,111,674
 

Statistics

Portfolio Statistics As of Sep 30, 2016
Statistic3-Year5-Year
Beta1.280.88
Alpha-1.63-1.54
Standard Deviation6.995.71
 
 

Footnotes

The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.