Fund Facts  

Inception Date: Oct 30, 2007
Morningstar Category:Small Blend

Documents for Fund or Underlying Fund(s)  

Description

Objective  

Long-term capital growth.

Principal Investment Strategies  

The underlying mutual fund invests, under normal circumstances, primarily in a combination of common stocks of U.S. small-capitalization companies, Russell 2000® Index futures contracts, and U.S. and foreign fixed income securities. Its subadvisers select stocks that they believe have above average potential for growth and that generally have market capitalizations that fall within the range of companies in the Russell 2000® Index. The underlying mutual fund’s U.S. and foreign fixed income securities (1) are held, in part, as collateral in conjunction with its use of futures contracts; (2) may include government and agency securities, corporate bonds, mortgage-backed securities, asset-backed securities, and municipal securities; and (3) at all times have a portfolio effective duration no greater than three years. In addition to using Russell 2000® Index futures contracts, the underlying mutual fund’s subadvisers also may use other derivative instruments. The underlying mutual fund also may invest in foreign equity securities (including those of issuers located in emerging market countries), U.S. preferred stock, and U.S. and foreign convertible stock.

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 Stock Market Risk, Small-Cap Securities Risk, Preferred Stock Risk, Foreign Securities Risk, Foreign Currency Risk, Convertible Securities Risk, High Yield Securities Risk, Municipal Securities Risk, Derivative Instruments Risk, Interest Rate Risk, Credit Risk, Call Risk, Mortgage-Backed Securities Risk, Asset-Backed Securities Risk, U.S. Government Agency Securities 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 Jun 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
VT Vantagepoint Discovery   3.07%1.63%-10.22%6.29%7.52%N/A4.91%
Russell 2000 Indexa,b3.79%2.22%-6.73%7.09%8.35%6.20%N/A
Morningstar Small Blenda,c2.43%2.98%-5.78%6.37%7.62%5.87%N/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.

Total Expenses
Total Expensesd0.87%

 

a. 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.

b. The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000® Index is a subset of the Russell 3000® Index, and includes approximately 2,000 of the smallest securities based on a combination of their market cap and current index membership.

c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

d. VantageTrust Funds invest in underlying registered funds. Please refer to the underlying fund's prospectus for additional information on fund fees and expenses.

Morningstar Information

Morningstar Rating   As of Jun 30, 2016
Period Stars Category Size
Overall 3 Stars654
3-Year 3 Stars654
5-Year 3 Stars559
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.

Morningstar Stylebox As of Jun 30, 2016
Equity Stylebox
Small Blend
 

Statistics

Portfolio Statistics As of Jun 30, 2016
Statistic3-Year5-Year
Beta0.990.98
Alpha-0.67-0.64
Standard Deviation15.2116.41
 
 

Underlying Fund Characteristics

Top Ten Holdings As of Jul 31, 2016
Holding NamePercent
RUSSELL 2000 MINI EQUITY INDEX SEP16 (RTAU6)49.6%
FIDELITY INSTITUTIONAL MONEY MARKET2.9%
UNITED STATES TREASURY NOTE/BOND .625% 06/30/20182.5%
UNITED STATES TREASURY NOTE/BOND .875% 05/31/20182.4%
UNITED STATES TREASURY NOTE/BOND 1% 09/15/20182.3%
UNITED STATES TREASURY NOTE/BOND 1% 02/15/20182.1%
UNITED STATES TREASURY NOTE/BOND .875% 01/15/20181.3%
UNITED STATES TREASURY NOTE/BOND .75% 02/28/20181.1%
UNITED STATES TREASURY NOTE/BOND 1.125% 06/15/20181.0%
UNITED STATES TREASURY NOTE/BOND 1% 03/15/20191.0%
All Holdings As of Jul 31, 2016
Equity
Holding NameMarket Value
CARDTRONICS PLC$3,537,676
MINERALS TECHNOLOGIES INC$3,520,777
INSULET CORP$3,500,071
CLEAN HARBORS INC$3,436,399
ALLSCRIPTS HEALTHCARE SOLUTIONS INC$3,292,643
TELEDYNE TECHNOLOGIES INC$3,041,850
ENTEGRIS INC$3,010,062
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC$2,941,242
CEPHEID INC$2,923,558
SWIFT TRANSPORTATION CO$2,901,938
TENNECO INC$2,896,085
PS BUSINESS PARKS INC$2,852,091
ASSURED GUARANTY LTD$2,843,759
HUBSPOT INC$2,839,772
GREENCORE GROUP PLC$2,787,855
CHEESECAKE FACTORY INC/THE$2,756,174
DSW INC$2,754,480
REXFORD INDUSTRIAL REALTY INC$2,701,206
GLOBUS MEDICAL INC$2,686,527
STERLING BANCORP/DE$2,668,451
PATTERN ENERGY GROUP INC$2,657,427
NU SKIN ENTERPRISES INC$2,642,232
SANDERSON FARMS INC$2,635,583
CINEMARK HOLDINGS INC$2,614,328
SOUTH JERSEY INDUSTRIES INC$2,607,784
BLOOMIN' BRANDS INC$2,603,324
KINDRED HEALTHCARE INC$2,603,288
GREAT WESTERN BANCORP INC$2,598,870
MASONITE INTERNATIONAL CORP$2,589,995
LIFEPOINT HOSPITALS INC$2,573,146
NATIONAL CINEMEDIA INC$2,570,856
LA-Z-BOY INC$2,548,634
SOUTH STATE CORP$2,546,746
CHICO'S FAS INC$2,533,990
WATTS WATER TECHNOLOGIES INC$2,533,376
HERCULES TECHNOLOGY GROWTH CAPITAL INC$2,516,350
SURGICAL CARE AFFILIATES INC$2,502,721
AMERIS BANCORP$2,501,557
MFA FINANCIAL INC$2,483,931
REDWOOD TRUST INC$2,481,268
HORACE MANN EDUCATORS CORP$2,461,302
ADVANCED DRAINAGE SYSTEMS INC$2,448,239
JOHN BEAN TECHNOLOGIES CORP$2,444,588
NEW YORK TIMES CO/THE$2,419,991
CADENCE DESIGN SYSTEMS INC$2,409,570
VONAGE HOLDINGS CORP$2,405,801
AIRCASTLE LTD$2,403,982
ASPEN TECHNOLOGY INC$2,393,595
DREAMWORKS ANIMATION SKG INC$2,390,190
STEWART INFORMATION SERVICES CORP$2,386,615
PAPA JOHN'S INTERNATIONAL INC$2,365,661
CIENA CORP$2,354,613
FCB FINANCIAL HOLDINGS INC$2,344,039
PATTERSON-UTI ENERGY INC$2,335,526
GATX CORP$2,334,011
GRAPHIC PACKAGING HOLDING CO$2,327,666
WELLCARE HEALTH PLANS INC$2,325,036
GENESEE & WYOMING INC$2,285,028
MGIC INVESTMENT CORP$2,267,870
TEXAS CAPITAL BANCSHARES INC$2,264,391
WESTERN ALLIANCE BANCORP$2,219,743
M/A-COM TECHNOLOGY SOLUTIONS HOLDINGS INC$2,215,721
POLYONE CORP$2,211,865
WESTERN REFINING INC$2,211,143
MARKETAXESS HOLDINGS INC$2,196,959
DIAMONDBACK ENERGY INC$2,192,994
INTERSIL CORP$2,186,155
CAVIUM INC$2,174,822
CURTISS-WRIGHT CORP$2,161,567
ARMSTRONG WORLD INDUSTRIES INC$2,150,256
KENNEDY-WILSON HOLDINGS INC$2,149,626
BIO-TECHNE CORP$2,122,490
FORUM ENERGY TECHNOLOGIES INC$2,095,956
MKS INSTRUMENTS INC$2,073,872
TESARO INC$2,070,860
HILLTOP HOLDINGS INC$2,040,786
SOLAR CAPITAL LTD$1,998,412
FIRST SOLAR INC$1,995,103
BROADSOFT INC$1,956,381
METHANEX CORP$1,937,863
ARGO GROUP INTERNATIONAL HOLDINGS LTD$1,892,221
KATE SPADE & CO$1,838,444
KIRBY CORP$1,828,140
CONNECTONE BANCORP INC$1,824,082
VERIFONE SYSTEMS INC$1,817,518
COMMUNITY HEALTH SYSTEMS INC$1,805,423
CONVERGYS CORP$1,782,885
OUTFRONT MEDIA INC$1,735,011
WEX INC$1,646,894
ARMSTRONG FLOORING INC$1,610,543
LINDBLAD EXPEDITIONS HOLDINGS INC$1,605,111
VERINT SYSTEMS INC$1,592,088
LASALLE HOTEL PROPERTIES$1,553,820
SUNPOWER CORP$1,492,263
MONOLITHIC POWER SYSTEMS INC$1,311,142
STRATASYS LTD$1,250,956
HSN INC$1,221,189
SOVRAN SELF STORAGE INC$1,172,137
WISDOMTREE INVESTMENTS INC$917,035
ULTRAGENYX PHARMACEUTICAL INC$812,515
EHEALTH INC$695,718
DESTINATION MATERNITY CORP$423,748
PTC THERAPEUTICS INC$182,682
QUORUM HEALTH CORP$40,838
DICERNA PHARMACEUTICALS INC$27,378
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND .625% 06/30/2018$12,119,947
UNITED STATES TREASURY NOTE/BOND .875% 05/31/2018$11,627,239
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$11,319,987
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$10,053,910
UNITED STATES TREASURY NOTE/BOND .875% 01/15/2018$6,487,097
UNITED STATES TREASURY NOTE/BOND .75% 02/28/2018$5,194,308
UNITED STATES TREASURY NOTE/BOND 1.125% 06/15/2018$5,043,065
UNITED STATES TREASURY NOTE/BOND 1% 03/15/2019$4,975,509
FEDERAL HOME LOAN MORTGAGE CORP 1% 12/15/2017$4,106,327
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$4,027,255
UNITED STATES TREASURY NOTE/BOND .875% 06/15/2019$3,752,271
UNITED STATES TREASURY NOTE/BOND .625% 08/31/2017$3,700,651
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$3,235,910
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.506% 05/01/2042$2,905,413
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$2,676,518
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$2,510,285
CHASE ISSUANCE TRUST 1.15% 01/15/2019$2,503,248
FEDERAL HOME LOAN MORTGAGE CORP .875% 07/19/2019$2,368,334
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 1.34% 04/15/2022$2,301,182
CABELA'S CREDIT CARD MASTER NOTE TRUST 1.63% 02/18/2020$2,215,887
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,613,704
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$1,548,838
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,503,171
NEWELL BRANDS INC 2.15% 10/15/2018$1,423,355
CITIGROUP INC 1.55% 08/14/2017$1,418,716
PORSCHE INNOVATIVE LEASE OWNER TRUST 201 1.19% 07/23/2018$1,399,973
BECTON DICKINSON AND CO 1.45% 05/15/2017$1,394,833
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,340,095
HYUNDAI CAPITAL AMERICA 4% 06/08/2017$1,328,244
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$1,324,369
AMGEN INC 1.25% 05/22/2017$1,322,034
CARDINAL HEALTH INC 1.95% 06/15/2018$1,315,263
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,309,676
NBCUNIVERSAL ENTERPRISE INC 1.365% 04/15/2018$1,308,052
HERTZ FLEET LEASE FUNDING LP 1.024% 12/10/2027$1,305,064
PRINCIPAL LIFE GLOBAL FUNDING II 1.173% 12/01/2017$1,303,652
HSBC USA INC 1.625% 01/16/2018$1,300,001
MIZUHO BANK LTD 1.28% 03/26/2018$1,297,330
AT&T INC 2.4% 03/15/2017$1,290,852
BB&T CORP 1.297% 02/01/2019$1,249,978
PRUDENTIAL FINANCIAL INC 1.406% 08/15/2018$1,247,780
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINAN 3.48% 06/01/2019$1,245,472
CITIBANK CREDIT CARD ISSUANCE TRUST 1.02% 02/22/2019$1,228,896
INVITATION HOMES 2014-SFR1 TRUST 1.482% 06/17/2031$1,228,675
AETNA INC 1.9% 06/07/2019$1,216,559
MORGAN STANLEY 1.874% 01/27/2020$1,205,222
PFIZER INC 1.45% 06/03/2019$1,202,518
NATIONAL AUSTRALIA BANK LTD/NEW YORK 1.375% 07/12/2019$1,198,678
CREDIT AGRICOLE SA/LONDON 1.48% 04/15/2019$1,193,201
CELGENE CORP 2.125% 08/15/2018$1,177,427
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,167,526
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$1,160,476
INVITATION HOMES 2015-SFR3 TRUST 1.832% 08/17/2032$1,067,442
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,066,805
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,017,488
SUNTRUST BANK/ATLANTA GA 1.066% 02/15/2017$1,009,636
RELIANCE STANDARD LIFE GLOBAL FUNDING II 2.15% 10/15/2018$1,009,342
FIFTH THIRD BANK/CINCINNATI OH 1.546% 08/20/2018$1,001,870
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$984,048
ABBVIE INC 1.8% 05/14/2018$983,309
INVITATION HOMES 2015-SFR2 TRUST 1.832% 06/17/2032$980,563
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$967,728
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$947,686
PORSCHE INNOVATIVE LEASE OWNER TRUST 201 1.03% 11/20/2017$940,243
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$925,871
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$925,436
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$922,917
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.088% 01/25/2024$922,388
AT&T INC 2.3% 03/11/2019$920,341
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$915,302
WISCONSIN PUBLIC SERVICE CORP 1.65% 12/04/2018$912,488
MACQUARIE BANK LTD 1.6% 10/27/2017$912,213
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.731% 01/15/2032$910,524
ASHLAND INC 3.875% 04/15/2018$900,156
COLONY AMERICAN HOMES 2015-1 1.682% 07/17/2032$884,615
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.438% 05/25/2024$877,710
CVS HEALTH CORP 1.9% 07/20/2018$862,801
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$845,902
KRAFT HEINZ FOODS CO 2% 07/02/2018$842,201
WELLS FARGO BANK NA 1.75% 05/24/2019$831,686
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 1.39% 09/20/2018$830,349
PACCAR FINANCIAL CORP 1.3% 05/10/2019$823,546
VERIZON COMMUNICATIONS INC 2.406% 09/14/2018$823,215
BANK OF AMERICA CORP 1.187% 05/02/2017$803,316
ROYAL BANK OF CANADA 1.625% 04/15/2019$781,269
INVITATION HOMES 2014-SFR2 TRUST 1.582% 09/17/2031$749,579
RYDER SYSTEM INC 2.5% 03/01/2017$731,478
LIONS GATE ENTERTAINMENT CORP 5.25% 08/01/2018$722,500
SANTANDER UK PLC 2.5% 03/14/2019$701,462
TEVA PHARMACEUTICAL FINANCE NETHERLANDS 1.4% 07/20/2018$682,566
REYNOLDS AMERICAN INC 2.3% 06/12/2018$672,001
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$670,664
MORGAN STANLEY 6.625% 04/01/2018$655,694
IMPERIAL BRANDS FINANCE PLC 2.05% 02/11/2018$654,992
SANTANDER BANK NA 2% 01/12/2018$651,307
BANK OF NEW YORK MELLON CORP/THE 1.197% 08/01/2018$650,621
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$643,073
GOLDMAN SACHS GROUP INC/THE 1.726% 11/15/2018$639,723
BANK OF AMERICA CORP 1.7% 08/25/2017$637,457
JPMORGAN CHASE & CO 1.614% 01/25/2018$631,499
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$619,150
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$616,149
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.97% 03/15/2021$613,506
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.638% 09/25/2028$609,226
FORD MOTOR CREDIT CO LLC 4.25% 02/03/2017$608,878
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.738% 10/25/2028$607,600
GEORGIA POWER CO 1.026% 08/15/2016$605,117
TEVA PHARMACEUTICAL FINANCE NETHERLANDS 1.7% 07/19/2019$604,018
MORGAN STANLEY 2.45% 02/01/2019$603,567
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 2.3% 11/15/2019$601,969
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$598,818
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.688% 07/25/2024$596,349
BANK OF AMERICA CORP 1.717% 03/22/2018$594,435
BANK OF AMERICA NA 2.05% 12/07/2018$573,920
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$563,308
HILTON USA TRUST 2013-HLF 1.468% 11/05/2030$554,214
AIRCASTLE LTD 6.75% 04/15/2017$552,672
FIFTH THIRD BANCORP 5.45% 01/15/2017$550,988
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.66% 11/15/2021$545,718
CATERPILLAR FINANCIAL SERVICES CORP 1.25% 08/18/2017$541,612
DOMINION RESOURCES INC/VA 1.25% 03/15/2017$540,356
PNC BANK NA 1.95% 03/04/2019$538,752
BERKSHIRE HATHAWAY ENERGY CO 5.75% 04/01/2018$536,549
ABBVIE INC 1.75% 11/06/2017$522,980
MYLAN NV 2.5% 06/07/2019$519,658
KROGER CO/THE 2.2% 01/15/2017$502,884
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$488,013
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$483,429
ANTHEM INC 2.375% 02/15/2017$468,018
COLONY AMERICAN HOMES 2014-2 1.401% 07/17/2031$464,145
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 3.02% 04/15/2021$462,618
CITIZENS BANK NA/PROVIDENCE RI 2.5% 03/14/2019$457,854
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$452,438
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$449,138
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$435,597
CITIGROUP INC 2.05% 12/07/2018$414,519
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$411,092
LIBERTY PROPERTY LP 6.625% 10/01/2017$406,546
WESTERN DIGITAL CORP 10.5% 04/01/2024$406,350
ALLY FINANCIAL INC 3.25% 09/29/2017$405,000
VERIZON COMMUNICATIONS INC 2.183% 09/15/2016$400,778
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$391,075
CIT GROUP INC 5.25% 03/15/2018$390,938
NCUA GUARANTEED NOTES TRUST 2010-A1 .795% 12/07/2020$389,991
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$388,018
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 3.24% 04/15/2021$381,394
INVITATION HOMES 2013-SFR1 TRUST 1.632% 12/17/2030$379,054
SABINE PASS LNG LP 7.5% 11/30/2016$376,244
BMW US CAPITAL LLC 1.5% 04/11/2019$372,621
REGIONS FINANCIAL CORP 2% 05/15/2018$371,254
ALLY FINANCIAL INC 3.5% 01/27/2019$369,563
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$367,614
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$360,697
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$360,641
SEAGATE HDD CAYMAN 3.75% 11/15/2018$356,773
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$354,858
KEYBANK NA/CLEVELAND OH 1.152% 11/25/2016$345,264
WALGREENS BOOTS ALLIANCE INC 1.75% 05/30/2018$343,064
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.638% 05/25/2028$341,181
PACCAR FINANCIAL CORP 1.45% 03/09/2018$327,388
CITIGROUP INC 2.05% 06/07/2019$323,591
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.488% 10/25/2023$323,222
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 1.57% 06/17/2019$319,967
MISSOURI HIGHER EDUCATION LOAN AUTHORITY 1.318% 01/26/2026$318,568
GLENCORE FUNDING LLC 2.04% 01/15/2019$318,450
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$316,999
FIFTH THIRD BANK/CINCINNATI OH 1.136% 11/18/2016$315,242
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$314,754
CISCO SYSTEMS INC 1.6% 02/28/2019$314,683
CREDIT SUISSE AG/NEW YORK NY 1.414% 04/27/2018$314,587
IMPERIAL BRANDS FINANCE PLC 2.05% 07/20/2018$313,115
ACTAVIS FUNDING SCS 1.911% 03/12/2020$311,051
NCUA GUARANTEED NOTES TRUST 2010-R1 .915% 10/07/2020$307,867
JPMORGAN CHASE & CO 6.3% 04/23/2019$304,080
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 4.1% 06/15/2021$303,242
TENCENT HOLDINGS LTD 2% 05/02/2017$301,327
KOREA EXPRESSWAY CORP 1.625% 04/28/2017$300,535
CAMERON INTERNATIONAL CORP 1.15% 12/15/2016$300,456
VERIZON OWNER TRUST 2016-1 1.42% 01/20/2021$300,450
SANTANDER UK PLC 1.166% 03/13/2017$299,810
ACTAVIS FUNDING SCS 1.3% 06/15/2017$299,550
COLONY AMERICAN HOMES 2014-1 1.632% 05/17/2031$292,360
TEVA PHARMACEUTICAL FINANCE NETHERLANDS 2.2% 07/21/2021$291,802
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 2.42% 06/21/2021$289,956
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$289,330
AMERICAN HOMES 4 RENT 2014-SFR1 1.482% 06/17/2031$287,875
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$283,727
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$283,296
TENET HEALTHCARE CORP 6.25% 11/01/2018$277,225
EXXON MOBIL CORP 1.708% 03/01/2019$264,213
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$260,199
DRIVE AUTO RECEIVABLES TRUST 2016-B 1.67% 07/15/2019$260,173
STRYKER CORP 2% 03/08/2019$254,434
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$253,370
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$251,835
CITIGROUP INC 1.85% 11/24/2017$251,324
DISH DBS CORP 4.625% 07/15/2017$251,125
MURPHY OIL CORP 3.5% 12/01/2017$250,903
PNC BANK NA 1.15% 11/01/2016$250,114
HUNTINGTON NATIONAL BANK/THE 1.14% 04/24/2017$249,819
COMPASS BANK 1.85% 09/29/2017$249,325
ASTORIA FINANCIAL CORP 5% 06/19/2017$245,342
AETNA INC 1.7% 06/07/2018$242,161
GOLDMAN SACHS GROUP INC/THE 1.951% 04/30/2018$242,054
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$241,886
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$240,725
EBAY INC 2.5% 03/09/2018$234,346
DRIVE AUTO RECEIVABLES TRUST 2016-B 2.56% 06/15/2020$231,832
BAXALTA INC 1.427% 06/22/2018$217,828
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.938% 11/25/2023$207,939
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2.87% 11/08/2021$204,880
MCKESSON CORP 1.292% 03/10/2017$200,368
TSMC GLOBAL LTD 1.625% 04/03/2018$200,302
JOHN DEERE CAPITAL CORP .955% 10/11/2016$200,095
DUKE ENERGY CORP 1.034% 04/03/2017$200,019
NABORS INDUSTRIES INC 2.35% 09/15/2016$199,783
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$193,027
TECO FINANCE INC 1.265% 04/10/2018$187,532
APPLE INC 1.7% 02/22/2019$183,228
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$181,982
HESS CORP 1.3% 06/15/2017$179,403
GSAMP TRUST 2004-SEA2 1.138% 03/25/2034$176,128
CHEVRON CORP 1.79% 11/16/2018$172,630
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.65% 08/17/2020$171,909
FORTIVE CORP 1.8% 06/15/2019$171,445
WHIRLPOOL CORP 1.65% 11/01/2017$170,824
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$164,415
AMPHENOL CORP 1.55% 09/15/2017$160,372
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$159,876
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$155,250
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$150,782
AUTODESK INC 1.95% 12/15/2017$150,522
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$149,914
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.438% 05/25/2024$140,821
PACCAR FINANCIAL CORP 1.1% 06/06/2017$140,289
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 2.11% 03/22/2021$139,993
AES TIETE ENERGIA SA 3.673% 06/01/2019$139,000
SYNCHRONY FINANCIAL 1.867% 02/03/2020$136,885
CHRYSLER CAPITAL AUTO RECEIVABLES TRUST .83% 09/17/2018$135,360
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$131,430
APPLE INC 1.3% 02/23/2018$130,894
PACCAR FINANCIAL CORP 1.28% 12/06/2018$130,681
IAC/INTERACTIVECORP 4.875% 11/30/2018$129,308
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINAN 5.875% 06/15/2021$125,508
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$123,490
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$120,967
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$120,203
VENTAS REALTY LP 1.25% 04/17/2017$120,110
BAXALTA INC 2% 06/22/2018$119,946
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$119,425
AT&T INC 5.5% 02/01/2018$116,863
KINDER MORGAN INC/DE 3.05% 12/01/2019$112,869
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$111,322
KINDER MORGAN INC/DE 2% 12/01/2017$110,476
WM WRIGLEY JR CO 2% 10/20/2017$100,866
WM WRIGLEY JR CO 1.4% 10/21/2016$100,128
GATX CORP 1.25% 03/04/2017$100,087
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$100,031
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.538% 03/25/2025$92,696
FREEPORT-MCMORAN INC 2.15% 03/01/2017$80,000
COCA-COLA CO/THE .875% 10/27/2017$76,092
SOUTHERN POWER CO 1.85% 12/01/2017$70,577
JOHNSON CONTROLS INC 1.4% 11/02/2017$70,116
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$69,991
NELNET STUDENT LOAN TRUST 2014-2 .768% 06/25/2021$65,054
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$49,820
LOCKHEED MARTIN CORP 1.85% 11/23/2018$47,775
TRANSALTA CORP 1.9% 06/03/2017$45,157
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$27,806
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$13,896,511
 
Other
Holding NameMarket Value
RUSSELL 2000 MINI EQUITY INDEX SEP16 (RTAU6)$12,977,112
USD$473,589
USD$-12,760,435
All Holdings As of Jun 30, 2016
Equity
Holding NameMarket Value
CLEAN HARBORS INC$3,559,113
CARDTRONICS INC$3,271,984
MINERALS TECHNOLOGIES INC$3,131,952
WELLCARE HEALTH PLANS INC$3,062,844
INSULET CORP$3,056,659
ALLSCRIPTS HEALTHCARE SOLUTIONS INC$3,026,791
TELEDYNE TECHNOLOGIES INC$2,932,871
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC$2,887,056
GLOBUS MEDICAL INC$2,851,021
PS BUSINESS PARKS INC$2,788,843
ENTEGRIS INC$2,768,545
ASSURED GUARANTY LTD$2,752,391
GREENCORE GROUP PLC$2,705,769
BLOOMIN' BRANDS INC$2,644,403
SOUTH JERSEY INDUSTRIES INC$2,643,432
PATTERSON-UTI ENERGY INC$2,624,705
CHEESECAKE FACTORY INC/THE$2,621,223
NATIONAL CINEMEDIA INC$2,610,702
SANDERSON FARMS INC$2,606,998
CEPHEID INC$2,600,528
CINEMARK HOLDINGS INC$2,590,848
ADVANCED DRAINAGE SYSTEMS INC$2,564,022
PATTERN ENERGY GROUP INC$2,560,121
REXFORD INDUSTRIAL REALTY INC$2,547,103
PAPA JOHN'S INTERNATIONAL INC$2,535,720
STERLING BANCORP/DE$2,535,236
VONAGE HOLDINGS CORP$2,529,365
GREAT WESTERN BANCORP INC$2,525,723
MASONITE INTERNATIONAL CORP$2,507,367
DEMANDWARE INC$2,497,915
CADENCE DESIGN SYSTEMS INC$2,488,320
HORACE MANN EDUCATORS CORP$2,486,944
MFA FINANCIAL INC$2,454,352
REDWOOD TRUST INC$2,454,313
KINDRED HEALTHCARE INC$2,450,156
JOHN BEAN TECHNOLOGIES CORP$2,444,515
TENNECO INC$2,440,966
WATTS WATER TECHNOLOGIES INC$2,438,764
DREAMWORKS ANIMATION SKG INC$2,437,078
LIFEPOINT HOSPITALS INC$2,434,379
SOUTH STATE CORP$2,429,385
HERCULES TECHNOLOGY GROWTH CAPITAL INC$2,408,983
LA-Z-BOY INC$2,397,973
SWIFT TRANSPORTATION CO$2,374,373
STEWART INFORMATION SERVICES CORP$2,359,500
GATX CORP$2,344,920
SURGICAL CARE AFFILIATES INC$2,344,411
NU SKIN ENTERPRISES INC$2,335,828
FCB FINANCIAL HOLDINGS INC$2,329,340
DIAMONDBACK ENERGY INC$2,328,591
CHICO'S FAS INC$2,309,504
HUBSPOT INC$2,308,641
NEW YORK TIMES CO/THE$2,305,655
AMERIS BANCORP$2,289,840
CIENA CORP$2,272,688
POLYONE CORP$2,271,570
FORUM ENERGY TECHNOLOGIES INC$2,270,726
TUMI HOLDINGS INC$2,257,658
DSW INC$2,247,833
WESTERN REFINING INC$2,236,086
TEXAS CAPITAL BANCSHARES INC$2,229,517
GRAPHIC PACKAGING HOLDING CO$2,187,101
WESTERN ALLIANCE BANCORP$2,176,743
BIO-TECHNE CORP$2,176,461
AIRCASTLE LTD$2,162,945
GENESEE & WYOMING INC$2,126,327
FIRST SOLAR INC$2,117,606
CURTISS-WRIGHT CORP$2,091,928
METHANEX CORP$2,057,079
ARMSTRONG WORLD INDUSTRIES INC$2,026,013
MARKETAXESS HOLDINGS INC$2,019,606
HILLTOP HOLDINGS INC$2,010,212
KENNEDY-WILSON HOLDINGS INC$1,978,855
ARGO GROUP INTERNATIONAL HOLDINGS LTD$1,934,105
SOLAR CAPITAL LTD$1,921,516
MGIC INVESTMENT CORP$1,918,161
TESARO INC$1,907,935
KIRBY CORP$1,877,939
OUTFRONT MEDIA INC$1,841,754
BROADSOFT INC$1,829,938
KATE SPADE & CO$1,785,444
COMMUNITY HEALTH SYSTEMS INC$1,741,225
CONNECTONE BANCORP INC$1,729,823
CONVERGYS CORP$1,709,500
M/A-COM TECHNOLOGY SOLUTIONS HOLDINGS INC$1,669,448
MKS INSTRUMENTS INC$1,666,422
SUNPOWER CORP$1,620,409
WEX INC$1,593,400
LINDBLAD EXPEDITIONS HOLDINGS INC$1,589,335
VERINT SYSTEMS INC$1,528,287
CAVIUM INC$1,514,278
ASPEN TECHNOLOGY INC$1,505,539
VERIFONE SYSTEMS INC$1,482,273
EHEALTH INC$1,472,801
INTERSIL CORP$1,471,432
ARMSTRONG FLOORING INC$1,399,901
STRATASYS LTD$1,397,663
LASALLE HOTEL PROPERTIES$1,359,151
KAPSTONE PAPER AND PACKAGING CORP$1,266,784
MONOLITHIC POWER SYSTEMS INC$1,259,138
SOVRAN SELF STORAGE INC$1,227,564
HSN INC$1,193,892
WISDOMTREE INVESTMENTS INC$903,196
ULTRAGENYX PHARMACEUTICAL INC$628,004
IMPERVA INC$552,679
DESTINATION MATERNITY CORP$443,352
PTC THERAPEUTICS INC$214,812
QUORUM HEALTH CORP$110,849
DICERNA PHARMACEUTICALS INC$56,178
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND .875% 05/31/2018$11,645,342
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$11,336,898
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$10,066,990
UNITED STATES TREASURY NOTE/BOND .875% 06/15/2019$8,291,250
UNITED STATES TREASURY NOTE/BOND .875% 01/15/2018$6,494,926
UNITED STATES TREASURY NOTE/BOND .75% 02/28/2018$5,200,381
UNITED STATES TREASURY NOTE/BOND 1.125% 06/15/2018$5,050,975
UNITED STATES TREASURY NOTE/BOND 1% 03/15/2019$4,982,069
UNITED STATES TREASURY NOTE/BOND .625% 08/31/2017$4,704,959
FEDERAL HOME LOAN MORTGAGE CORP 1% 12/15/2017$4,112,331
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$3,241,247
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.507% 05/01/2042$3,050,397
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$2,676,970
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$2,513,285
CHASE ISSUANCE TRUST 1.15% 01/15/2019$2,505,235
CABELA'S CREDIT CARD MASTER NOTE TRUST 1.63% 02/18/2020$2,217,841
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,612,335
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$1,547,724
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,503,740
HERTZ FLEET LEASE FUNDING LP .995% 12/10/2027$1,437,265
CITIGROUP INC 1.55% 08/14/2017$1,419,991
NEWELL BRANDS INC 2.15% 10/15/2018$1,415,599
PORSCHE INNOVATIVE LEASE OWNER TRUST 201 1.19% 07/23/2018$1,401,792
BECTON DICKINSON AND CO 1.45% 05/15/2017$1,393,909
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,333,341
HYUNDAI CAPITAL AMERICA 4% 06/08/2017$1,332,773
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$1,324,624
AMGEN INC 1.25% 05/22/2017$1,322,416
CARDINAL HEALTH INC 1.95% 06/15/2018$1,315,692
FEDERAL HOME LOAN MORTGAGE CORP 1.125% 04/15/2019$1,311,586
NBCUNIVERSAL ENTERPRISE INC 1.313% 04/15/2018$1,305,886
PRINCIPAL LIFE GLOBAL FUNDING II 1.173% 12/01/2017$1,302,172
HSBC USA INC 1.625% 01/16/2018$1,297,976
MIZUHO BANK LTD 1.28% 03/26/2018$1,297,405
AT&T INC 2.4% 03/15/2017$1,291,045
BB&T CORP 1.297% 02/01/2019$1,248,369
PRUDENTIAL FINANCIAL INC 1.406% 08/15/2018$1,247,693
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINAN 3.48% 06/01/2019$1,240,389
CITIBANK CREDIT CARD ISSUANCE TRUST 1.02% 02/22/2019$1,229,438
INVITATION HOMES 2014-SFR1 TRUST 1.446% 06/17/2031$1,223,187
AETNA INC 1.9% 06/07/2019$1,216,450
MORGAN STANLEY 1.774% 01/27/2020$1,205,254
PFIZER INC 1.45% 06/03/2019$1,200,418
CREDIT AGRICOLE SA/LONDON 1.428% 04/15/2019$1,186,373
CELGENE CORP 2.125% 08/15/2018$1,177,944
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,165,455
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$1,161,806
PORSCHE INNOVATIVE LEASE OWNER TRUST 201 1.03% 11/20/2017$1,109,109
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,066,939
INVITATION HOMES 2015-SFR3 TRUST 1.746% 08/17/2032$1,060,608
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,018,337
RELIANCE STANDARD LIFE GLOBAL FUNDING II 2.15% 10/15/2018$1,009,673
SUNTRUST BANK/ATLANTA GA 1.066% 02/15/2017$1,009,583
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$1,005,440
FIFTH THIRD BANK/CINCINNATI OH 1.546% 08/20/2018$1,001,625
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$990,220
BRANCH BANKING & TRUST CO 1.45% 05/10/2019$984,339
ABBVIE INC 1.8% 05/14/2018$982,291
INVITATION HOMES 2015-SFR2 TRUST 1.796% 06/17/2032$976,833
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$968,263
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.053% 01/25/2024$950,459
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$947,746
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$928,083
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$924,196
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$923,567
AT&T INC 2.3% 03/11/2019$919,752
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$917,207
WISCONSIN PUBLIC SERVICE CORP 1.65% 12/04/2018$913,003
MACQUARIE BANK LTD 1.6% 10/27/2017$911,148
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.403% 05/25/2024$906,399
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.692% 01/15/2032$904,573
ASHLAND INC 3.875% 04/15/2018$895,781
COLONY AMERICAN HOMES 2015-1 1.646% 07/17/2032$881,506
CVS HEALTH CORP 1.9% 07/20/2018$863,291
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$844,734
KRAFT HEINZ FOODS CO 2% 07/02/2018$840,841
WELLS FARGO BANK NA 1.75% 05/24/2019$831,443
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 1.39% 09/20/2018$831,334
PACCAR FINANCIAL CORP 1.3% 05/10/2019$823,615
VERIZON COMMUNICATIONS INC 2.406% 09/14/2018$820,224
BANK OF AMERICA CORP 1.187% 05/02/2017$802,586
ROYAL BANK OF CANADA 1.625% 04/15/2019$781,064
INVITATION HOMES 2014-SFR2 TRUST 1.546% 09/17/2031$747,110
RYDER SYSTEM INC 2.5% 03/01/2017$729,960
SANTANDER UK PLC 2.5% 03/14/2019$697,311
LIONS GATE ENTERTAINMENT CORP 5.25% 08/01/2018$690,200
REYNOLDS AMERICAN INC 2.3% 06/12/2018$670,905
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$670,892
MORGAN STANLEY 6.625% 04/01/2018$655,955
IMPERIAL BRANDS FINANCE PLC 2.05% 02/11/2018$655,894
BANK OF NEW YORK MELLON CORP/THE 1.197% 08/01/2018$652,672
SANTANDER BANK NA 2% 01/12/2018$649,874
JPMORGAN CHASE & CO 1.35% 02/15/2017$641,359
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$637,803
BANK OF AMERICA CORP 1.7% 08/25/2017$637,555
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.653% 07/25/2024$637,313
GOLDMAN SACHS GROUP INC/THE 1.726% 11/15/2018$636,770
JPMORGAN CHASE & CO 1.538% 01/25/2018$630,191
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$615,160
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$614,575
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.97% 03/15/2021$612,317
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.603% 09/25/2028$611,585
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.703% 10/25/2028$609,945
FORD MOTOR CREDIT CO LLC 4.25% 02/03/2017$609,675
GEORGIA POWER CO 1.026% 08/15/2016$605,234
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 2.3% 11/15/2019$602,582
MORGAN STANLEY 2.45% 02/01/2019$601,451
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$598,935
BANK OF AMERICA CORP 1.717% 03/22/2018$593,237
BANK OF AMERICA NA 2.05% 12/07/2018$573,483
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$561,944
FIFTH THIRD BANCORP 5.45% 01/15/2017$553,373
HILTON USA TRUST 2013-HLF 1.463% 11/05/2030$552,434
AIRCASTLE LTD 6.75% 04/15/2017$552,098
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.66% 11/15/2021$549,580
CATERPILLAR FINANCIAL SERVICES CORP 1.25% 08/18/2017$541,614
CATERPILLAR FINANCIAL SERVICES CORP 1% 03/03/2017$540,767
DOMINION RESOURCES INC/VA 1.25% 03/15/2017$540,683
BERKSHIRE HATHAWAY ENERGY CO 5.75% 04/01/2018$538,968
PNC BANK NA 1.95% 03/04/2019$538,179
ABBVIE INC 1.75% 11/06/2017$523,243
MYLAN NV 2.5% 06/07/2019$517,134
KROGER CO/THE 2.2% 01/15/2017$503,158
BERKSHIRE HATHAWAY FINANCE CORP 1.7% 03/15/2019$488,034
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19% 07/15/2022$481,281
ANTHEM INC 2.375% 02/15/2017$468,485
COLONY AMERICAN HOMES 2014-2 1.393% 07/17/2031$464,328
CITIZENS BANK NA/PROVIDENCE RI 2.5% 03/14/2019$456,695
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$444,057
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$434,793
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$420,375
CITIGROUP INC 2.05% 12/07/2018$413,501
NCUA GUARANTEED NOTES TRUST 2010-A1 .795% 12/07/2020$412,079
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$410,487
LIBERTY PROPERTY LP 6.625% 10/01/2017$408,167
ALLY FINANCIAL INC 3.25% 09/29/2017$403,000
VERIZON COMMUNICATIONS INC 2.183% 09/15/2016$401,039
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$395,703
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$390,472
CIT GROUP INC 5.25% 03/15/2018$387,293
WESTERN DIGITAL CORP 10.5% 04/01/2024$386,100
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.603% 05/25/2028$384,202
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 3.24% 04/15/2021$380,900
INVITATION HOMES 2013-SFR1 TRUST 1.596% 12/17/2030$378,996
SABINE PASS LNG LP 7.5% 11/30/2016$377,261
BMW US CAPITAL LLC 1.5% 04/11/2019$372,801
REGIONS FINANCIAL CORP 2% 05/15/2018$370,808
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$367,853
ALLY FINANCIAL INC 3.5% 01/27/2019$363,631
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$360,395
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$359,937
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$354,479
SEAGATE HDD CAYMAN 3.75% 11/15/2018$350,439
KEYBANK NA/CLEVELAND OH 1.152% 11/25/2016$345,142
WALGREENS BOOTS ALLIANCE INC 1.75% 05/30/2018$342,816
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.453% 10/25/2023$338,042
PACCAR FINANCIAL CORP 1.45% 03/09/2018$327,559
MISSOURI HIGHER EDUCATION LOAN AUTHORITY 1.283% 01/26/2026$323,547
CITIGROUP INC 2.05% 06/07/2019$322,430
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 3.02% 04/15/2021$320,541
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 1.57% 06/17/2019$320,084
FIFTH THIRD BANK/CINCINNATI OH 2.3% 03/15/2019$316,221
FIFTH THIRD BANK/CINCINNATI OH 1.136% 11/18/2016$315,249
NCUA GUARANTEED NOTES TRUST 2010-R1 .913% 10/07/2020$315,197
CREDIT SUISSE AG/NEW YORK NY 1.314% 04/27/2018$314,834
CISCO SYSTEMS INC 1.6% 02/28/2019$314,788
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$314,679
IMPERIAL BRANDS FINANCE PLC 2.05% 07/20/2018$313,632
GLENCORE FUNDING LLC 1.988% 01/15/2019$312,675
ACTAVIS FUNDING SCS 1.911% 03/12/2020$311,112
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 20 4.1% 06/15/2021$302,792
TENCENT HOLDINGS LTD 2% 05/02/2017$301,687
KOREA EXPRESSWAY CORP 1.625% 04/28/2017$301,041
CAMERON INTERNATIONAL CORP 1.15% 12/15/2016$300,543
SANTANDER UK PLC 1.166% 03/13/2017$300,011
ACTAVIS FUNDING SCS 1.3% 06/15/2017$299,559
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$293,303
COLONY AMERICAN HOMES 2014-1 1.596% 05/17/2031$291,551
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$289,593
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$288,713
AMERICAN HOMES 4 RENT 2014-SFR1 1.446% 06/17/2031$286,058
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$284,331
TENET HEALTHCARE CORP 6.25% 11/01/2018$275,600
EXXON MOBIL CORP 1.708% 03/01/2019$264,327
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$260,316
DRIVE AUTO RECEIVABLES TRUST 2016-B 1.67% 07/15/2019$260,275
STRYKER CORP 2% 03/08/2019$254,302
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$253,415
CITIGROUP INC 1.85% 11/24/2017$251,464
HUNTINGTON NATIONAL BANK/THE 1.375% 04/24/2017$250,433
KEYBANK NA/CLEVELAND OH 1.1% 11/25/2016$250,156
PNC BANK NA 1.15% 11/01/2016$250,098
DISH DBS CORP 4.625% 07/15/2017$249,900
HUNTINGTON NATIONAL BANK/THE 1.063% 04/24/2017$249,801
MURPHY OIL CORP 3.5% 12/01/2017$249,350
COMPASS BANK 1.85% 09/29/2017$249,344
ASTORIA FINANCIAL CORP 5% 06/19/2017$246,075
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$242,153
AETNA INC 1.7% 06/07/2018$242,040
GOLDMAN SACHS GROUP INC/THE 1.838% 04/30/2018$241,311
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$240,764
EBAY INC 2.5% 03/09/2018$234,294
DRIVE AUTO RECEIVABLES TRUST 2016-B 2.56% 06/15/2020$231,089
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.903% 11/25/2023$223,257
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$220,647
BAXALTA INC 1.427% 06/22/2018$217,738
JACKSON NATIONAL LIFE GLOBAL FUNDING 1.25% 02/21/2017$205,104
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2.87% 11/08/2021$204,135
TSMC GLOBAL LTD 1.625% 04/03/2018$200,629
MCKESSON CORP 1.292% 03/10/2017$200,412
JOHN DEERE CAPITAL CORP .919% 10/11/2016$200,142
DUKE ENERGY CORP 1.009% 04/03/2017$199,884
NABORS INDUSTRIES INC 2.35% 09/15/2016$199,700
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$192,272
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$187,683
TECO FINANCE INC 1.229% 04/10/2018$187,231
CHRYSLER CAPITAL AUTO RECEIVABLES TRUST .83% 09/17/2018$184,541
APPLE INC 1.7% 02/22/2019$183,118
GSAMP TRUST 2004-SEA2 1.103% 03/25/2034$181,708
HESS CORP 1.3% 06/15/2017$178,837
CHEVRON CORP 1.79% 11/16/2018$172,334
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2 2.65% 08/17/2020$171,582
FORTIVE CORP 1.8% 06/15/2019$171,213
WHIRLPOOL CORP 1.65% 11/01/2017$171,115
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$163,672
DOMINION RESOURCES INC/VA 2.962% 07/01/2019$163,001
SYSCO CORP 1.9% 04/01/2019$162,032
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$160,098
AMPHENOL CORP 1.55% 09/15/2017$160,097
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$155,438
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.403% 05/25/2024$150,878
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$150,812
AUTODESK INC 1.95% 12/15/2017$150,414
IAC/INTERACTIVECORP 4.875% 11/30/2018$145,550
PACCAR FINANCIAL CORP 1.1% 06/06/2017$140,317
AES TIETE ENERGIA SA 3.673% 06/01/2019$139,000
SYNCHRONY FINANCIAL 1.867% 02/03/2020$135,691
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$131,734
HYUNDAI AUTO LEASE SECURITIZATION TRUST .75% 04/17/2017$131,104
APPLE INC 1.3% 02/23/2018$130,915
PACCAR FINANCIAL CORP 1.28% 12/06/2018$130,715
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$128,892
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINAN 5.875% 06/15/2021$122,479
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$120,897
VERIZON COMMUNICATIONS INC 1.426% 06/17/2019$120,660
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$120,197
BAXALTA INC 2% 06/22/2018$120,119
VENTAS REALTY LP 1.25% 04/17/2017$120,056
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.503% 03/25/2025$119,189
AT&T INC 5.5% 02/01/2018$117,124
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$111,275
KINDER MORGAN INC/DE 3.05% 12/01/2019$111,236
KINDER MORGAN INC/DE 2% 12/01/2017$109,449
WM WRIGLEY JR CO 2% 10/20/2017$101,095
WM WRIGLEY JR CO 1.4% 10/21/2016$100,159
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$100,050
GATX CORP 1.25% 03/04/2017$99,880
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$90,505
FREEPORT-MCMORAN INC 2.15% 03/01/2017$79,800
COCA-COLA CO/THE .875% 10/27/2017$76,116
NELNET STUDENT LOAN TRUST 2014-2 .733% 06/25/2021$73,660
SOUTHERN POWER CO 1.85% 12/01/2017$70,577
JOHNSON CONTROLS INC 1.4% 11/02/2017$70,241
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$69,933
LOCKHEED MARTIN CORP 1.85% 11/23/2018$47,665
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$46,962
TRANSALTA CORP 1.9% 06/03/2017$45,625
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$18,249,259
OHIO HSG FIN VAR 03/37$520,000
 
Other
Holding NameMarket Value
USD$4,597,126
CURRENCY CONTRACT$33,286
CURRENCY CONTRACT$22,981
USD$-30,371
CURRENCY CONTRACT$-38,045
RUSSELL 2000 MINI EQUITY INDEX SEP16 (RTAU6)$-841,215
All Holdings As of May 31, 2016
Equity
Holding NameMarket Value
CLEAN HARBORS INC$3,589,883
DREAMWORKS ANIMATION SKG INC$3,431,265
CARDTRONICS INC$3,296,431
ALLSCRIPTS HEALTHCARE SOLUTIONS INC$3,282,117
GREENCORE GROUP PLC$3,278,692
MINERALS TECHNOLOGIES INC$3,242,304
INSULET CORP$3,097,764
TEXAS CAPITAL BANCSHARES INC$3,062,615
ASSURED GUARANTY LTD$2,978,068
TELEDYNE TECHNOLOGIES INC$2,966,470
GLOBUS MEDICAL INC$2,960,674
WELLCARE HEALTH PLANS INC$2,955,379
JOHN BEAN TECHNOLOGIES CORP$2,922,349
FORUM ENERGY TECHNOLOGIES INC$2,915,022
BLOOMIN' BRANDS INC$2,877,884
TENNECO INC$2,871,871
ENTEGRIS INC$2,785,263
GREAT WESTERN BANCORP INC$2,781,135
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC$2,774,029
CHEESECAKE FACTORY INC/THE$2,771,775
STERLING BANCORP/DE$2,713,431
MASONITE INTERNATIONAL CORP$2,702,421
SANDERSON FARMS INC$2,699,374
PS BUSINESS PARKS INC$2,649,913
SOUTH STATE CORP$2,641,536
KINDRED HEALTHCARE INC$2,629,799
CINEMARK HOLDINGS INC$2,624,497
HUBSPOT INC$2,592,413
FCB FINANCIAL HOLDINGS INC$2,585,682
REDWOOD TRUST INC$2,585,378
CADENCE DESIGN SYSTEMS INC$2,584,229
WESTERN ALLIANCE BANCORP$2,565,824
HORACE MANN EDUCATORS CORP$2,558,928
LIFEPOINT HOSPITALS INC$2,520,346
NATIONAL CINEMEDIA INC$2,513,682
GATX CORP$2,497,163
MFA FINANCIAL INC$2,484,854
PATTERN ENERGY GROUP INC$2,478,020
POLYONE CORP$2,465,526
WATTS WATER TECHNOLOGIES INC$2,459,112
AMERIS BANCORP$2,454,061
REXFORD INDUSTRIAL REALTY INC$2,453,531
DEMANDWARE INC$2,444,611
STEWART INFORMATION SERVICES CORP$2,434,895
HERCULES TECHNOLOGY GROWTH CAPITAL INC$2,429,583
CEPHEID INC$2,418,103
PAPA JOHN'S INTERNATIONAL INC$2,411,354
AIRCASTLE LTD$2,386,495
PATTERSON-UTI ENERGY INC$2,338,905
GRAPHIC PACKAGING HOLDING CO$2,337,094
LA-Z-BOY INC$2,330,134
METHANEX CORP$2,327,115
ADVANCED DRAINAGE SYSTEMS INC$2,324,765
DIAMONDBACK ENERGY INC$2,321,954
TUMI HOLDINGS INC$2,312,478
NEW YORK TIMES CO/THE$2,303,750
WESTERN REFINING INC$2,302,204
MGIC INVESTMENT CORP$2,272,779
SWIFT TRANSPORTATION CO$2,250,219
DSW INC$2,245,711
KENNEDY-WILSON HOLDINGS INC$2,225,168
GENESEE & WYOMING INC$2,211,777
SURGICAL CARE AFFILIATES INC$2,201,789
SOVRAN SELF STORAGE INC$2,187,054
KAPSTONE PAPER AND PACKAGING CORP$2,169,618
FIRST SOLAR INC$2,168,712
ARMSTRONG WORLD INDUSTRIES INC$2,139,863
BIO-TECHNE CORP$2,120,684
VERIFONE SYSTEMS INC$2,110,680
CURTISS-WRIGHT CORP$2,066,353
CIENA CORP$2,048,233
CONVERGYS CORP$2,040,392
CHICO'S FAS INC$1,991,409
HILLTOP HOLDINGS INC$1,957,539
CAVIUM INC$1,951,693
VONAGE HOLDINGS CORP$1,951,413
MARKETAXESS HOLDINGS INC$1,943,767
COMMUNITY HEALTH SYSTEMS INC$1,916,544
KATE SPADE & CO$1,893,732
SOLAR CAPITAL LTD$1,856,961
SUNPOWER CORP$1,833,813
BROADSOFT INC$1,800,680
CONNECTONE BANCORP INC$1,746,360
KIRBY CORP$1,737,984
M/A-COM TECHNOLOGY SOLUTIONS HOLDINGS INC$1,671,120
WEX INC$1,657,912
LINDBLAD EXPEDITIONS HOLDINGS INC$1,650,400
ARGO GROUP INTERNATIONAL HOLDINGS LTD$1,549,805
VERINT SYSTEMS INC$1,521,829
EHEALTH INC$1,451,791
TIVO INC$1,398,572
STRATASYS LTD$1,393,389
ARMSTRONG FLOORING INC$1,370,168
LASALLE HOTEL PROPERTIES$1,332,060
TESARO INC$1,305,660
HSN INC$1,277,828
MONOLITHIC POWER SYSTEMS INC$1,259,322
WISDOMTREE INVESTMENTS INC$1,143,987
IMPERVA INC$1,013,679
ULTRAGENYX PHARMACEUTICAL INC$938,604
ON SEMICONDUCTOR CORP$439,162
DESTINATION MATERNITY CORP$396,604
INTERSIL CORP$379,912
OUTFRONT MEDIA INC$286,896
PTC THERAPEUTICS INC$249,696
HAVERTY FURNITURE COS INC$240,926
QUORUM HEALTH CORP$196,763
DICERNA PHARMACEUTICALS INC$182,377
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 0.875 05/31/2018$11,582,452
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$11,263,328
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$10,025,980
UNITED STATES TREASURY NOTE/BOND .875% 01/15/2018$6,469,545
UNITED STATES TREASURY NOTE/BOND .625% 05/31/2017$6,094,162
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$5,680,267
UNITED STATES TREASURY NOTE/BOND .75% 02/28/2018$5,176,681
UNITED STATES TREASURY NOTE/BOND 1.125% 06/15/2018$5,023,635
UNITED STATES TREASURY NOTE/BOND 1 03/15/2019$4,940,193
UNITED STATES TREASURY NOTE/BOND .625% 08/31/2017$4,692,104
FEDERAL HOME LOAN MORTGAGE CORP 1% 12/15/2017$4,097,562
FANNIE MAE POOL 2.509% 05/01/2042$3,099,596
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$2,745,192
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$2,671,951
FEDERAL HOME LOAN MORTGAGE CORP 1.125 03/16/2018$2,505,653
CHASE ISSUANCE TRUST 1.15% 01/15/2019$2,503,281
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$2,494,435
CABELA'S CREDIT CARD MASTER NOTE TRUST 1.63% 02/18/2020$2,215,323
UNITED STATES TREASURY NOTE/BOND 0.875% 11/30/2017$1,802,003
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,603,911
HERTZ FLEET LEASE FUNDING LP .741% 12/10/2027$1,603,884
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$1,541,137
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,502,234
CITIGROUP INC 1.55% 08/14/2017$1,416,306
NEWELL RUBBERMAID INC 2.15% 10/15/2018$1,412,565
PORSCHE INNOVATIVE LEASE OWNER TRUST 201 1.19% 07/23/2018$1,397,406
BECTON DICKINSON AND CO 1.45% 05/15/2017$1,393,871
HYUNDAI CAPITAL AMERICA 4% 06/08/2017$1,331,235
PORSCHE INNOVATIVE LEASE OWNER TRUST 2014-1 1.03% 11/20/2017$1,326,231
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,323,158
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$1,321,893
AMGEN INC 1.25% 05/22/2017$1,320,895
CARDINAL HEALTH INC 1.95% 06/15/2018$1,310,956
NBCUNIVERSAL ENTERPRISE INC .974% 04/15/2018$1,303,231
PRINCIPAL LIFE GLOBAL FUNDING II 0.938363% 12/01/2017$1,302,314
FEDERAL HOME LOAN MORTGAGE CORP 1.125 04/15/2019$1,300,607
HSBC USA INC 1.625% 01/16/2018$1,300,282
MIZUHO BANK LTD 1.2431% 03/26/2018$1,294,930
AT&T INC 2.4 03/15/2017$1,292,845
BB&T CORP .96% 02/01/2019$1,249,791
PRUDENTIAL FINANCIAL INC 1.1% 08/15/2018$1,247,596
CITIBANK CREDIT CARD ISSUANCE TRUST 1.02% 02/22/2019$1,228,830
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48 06/01/2019$1,226,584
INVITATION HOMES 2014-SFR1 TRUST 1.198% 06/17/2031$1,225,072
MORGAN STANLEY 1.435% 01/27/2020$1,202,112
CREDIT AGRICOLE SA/LONDON 1.089% 04/15/2019$1,182,492
CELGENE CORP 2.125% 08/15/2018$1,172,576
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,161,935
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$1,159,082
ROYAL BANK OF CANADA 1.625 04/15/2019$1,127,562
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,064,719
INVITATION HOMES 2015-SFR3 TRUST 1.621% 08/17/2032$1,059,727
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,014,254
SUNTRUST BANK/ATLANTA GA .761% 02/15/2017$1,009,882
FIFTH THIRD BANK/CINCINNATI OH 1.2796% 08/20/2018$1,004,066
RELIANCE STANDARD LIFE GLOBAL FUNDING II 2.15% 10/15/2018$1,003,598
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$997,728
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$983,110
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.799% 01/25/2024$981,338
ABBVIE INC 1.8% 05/14/2018$977,399
BRANCH BANKING & TRUST CO 1.45 05/10/2019$976,041
INVITATION HOMES 2015-SFR2 TRUST 1.547% 06/17/2032$974,940
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$962,100
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$946,850
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.149% 05/25/2024$936,578
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$924,290
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$923,159
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$918,301
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$916,043
AT&T INC 2.3 03/11/2019$913,130
MACQUARIE BANK LTD 1.6% 10/27/2017$908,604
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.438% 01/15/2032$906,995
WISCONSIN PUBLIC SERVICE CORP 1.65% 12/04/2018$904,708
ASHLAND INC 3.875% 04/15/2018$900,156
CHEVRON CORP 1.344% 11/09/2017$887,575
COLONY AMERICAN HOMES 2015-1 1.398% 07/17/2032$879,253
CVS HEALTH CORP 1.9% 07/20/2018$858,602
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$844,071
KRAFT HEINZ FOODS CO 2% 07/02/2018$836,799
ABBEY NATIONAL TREASURY SERVICES PLC/UNITED KINGDOM 2.5 03/14/2019$834,029
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 1.39% 09/20/2018$831,028
WELLS FARGO BANK NA 1.75 05/24/2019$823,004
VERIZON COMMUNICATIONS INC 2.036% 09/14/2018$822,758
PACCAR FINANCIAL CORP 1.3 05/10/2019$816,860
BANK OF AMERICA CORP .85% 05/02/2017$801,259
INVITATION HOMES 2014-SFR2 TRUST 1.298% 09/17/2031$748,716
RYDER SYSTEM INC 2.5% 03/01/2017$731,021
LIONS GATE ENTERTAINMENT CORP 5.25 08/01/2018$698,700
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$673,578
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.399% 07/25/2024$673,202
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$670,706
REYNOLDS AMERICAN INC 2.3% 06/12/2018$670,122
MORGAN STANLEY 6.625% 04/01/2018$657,581
IMPERIAL TOBACCO FINANCE PLC 2.05% 02/11/2018$653,827
BANK OF NEW YORK MELLON CORP/THE .86% 08/01/2018$651,438
SANTANDER BANK NA 2% 01/12/2018$648,565
JPMORGAN CHASE & CO 1.35% 02/15/2017$641,331
GOLDMAN SACHS GROUP INC/THE 1.42% 11/15/2018$638,953
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$637,016
BANK OF AMERICA CORP 1.7% 08/25/2017$636,014
JPMORGAN CHASE & CO 1.195% 01/25/2018$630,356
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.696 10/25/2028$621,575
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.585 09/25/2028$614,901
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$613,050
FORD MOTOR CREDIT CO LLC 4.25% 02/03/2017$611,771
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-4 2.97 03/15/2021$610,505
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$610,225
GEORGIA POWER CO 0.7616% 08/15/2016$605,058
MORGAN STANLEY 2.45% 02/01/2019$598,604
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$594,648
BANK OF AMERICA CORP 1.351% 03/22/2018$593,253
BANK OF AMERICA NA 2.05% 12/07/2018$569,723
INTERNATIONAL LEASE FINANCE CORP 2.236% 06/15/2016$560,050
GENERAL MOTORS FINANCIAL CO INC 2.4 05/09/2019$560,012
FIFTH THIRD BANCORP 5.45% 01/15/2017$554,696
AIRCASTLE LTD 6.75% 04/15/2017$553,558
HILTON USA TRUST 2013-HLF 1.19% 11/05/2030$553,156
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-2 2.66 11/15/2021$541,974
CATERPILLAR FINANCIAL SERVICES CORP 1.25% 08/18/2017$541,159
DOMINION RESOURCES INC/VA 1.25% 03/15/2017$540,438
CATERPILLAR FINANCIAL SERVICES CORP 1% 03/03/2017$540,325
BERKSHIRE HATHAWAY ENERGY CO 5.75% 04/01/2018$538,742
PNC BANK NA 1.95 03/04/2019$534,888
ABBVIE INC 1.75% 11/06/2017$521,305
KROGER CO/THE 2.2% 01/15/2017$503,427
BERKSHIRE HATHAWAY FINANCE CORP 1.7 03/15/2019$484,816
DRIVE AUTO RECEIVABLES TRUST 2016-B 3.19 07/15/2022$479,728
QUALCOMM INC 1.4% 05/18/2018$477,282
ANTHEM INC 2.375% 02/15/2017$468,747
COLONY AMERICAN HOMES 2014-2 1.137% 07/17/2031$464,824
CITIZENS BANK NA/PROVIDENCE RI 2.5 03/14/2019$453,679
MOBILE MINI INC 7.875% 12/01/2020$447,208
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$442,613
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$439,375
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$434,414
AES CORP/VA 3.283% 06/01/2019$429,463
NCUA GUARANTEED NOTES TRUST 2010-A1 .543% 12/07/2020$413,037
CITIGROUP INC 2.05% 12/07/2018$412,005
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$409,424
LIBERTY PROPERTY LP 6.625% 10/01/2017$408,727
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$402,360
VERIZON COMMUNICATIONS INC 1.816% 09/15/2016$401,579
ALLY FINANCIAL INC 3.25% 09/29/2017$400,500
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$389,335
CIT GROUP INC 5.25% 03/15/2018$388,125
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.5716% 05/25/2028$387,483
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.24 04/15/2021$380,276
SABINE PASS LNG LP 7.5% 11/30/2016$378,556
INVITATION HOMES 2013-SFR1 TRUST 1.4% 12/17/2030$378,344
WESTERN DIGITAL CORP 10.5 04/01/2024$373,500
REGIONS FINANCIAL CORP 2% 05/15/2018$370,139
BMW US CAPITAL LLC 1.5 04/11/2019$369,873
ALLY FINANCIAL INC 3.5% 01/27/2019$365,000
KEYBANK NA/CLEVELAND OH 2.35 03/08/2019$364,339
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$360,092
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$359,002
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$353,190
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.199% 10/25/2023$352,893
SEAGATE HDD CAYMAN 3.75% 11/15/2018$347,594
KEYBANK NA/CLEVELAND OH .819% 11/25/2016$345,416
WALGREENS BOOTS ALLIANCE INC 1.75 05/30/2018$340,597
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$334,129
MISSOURI HIGHER EDUCATION LOAN AUTHORITY 1.029% 01/26/2026$330,569
PACCAR FINANCIAL CORP 1.45% 03/09/2018$326,182
HYUNDAI AUTO LEASE SECURITIZATION TRUST .75% 04/17/2017$323,327
NCUA GUARANTEED NOTES TRUST 2010-R1 .641% 10/07/2020$321,360
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-2 3.02 04/15/2021$317,132
FIFTH THIRD BANK/CINCINNATI OH .834% 11/18/2016$315,345
CREDIT SUISSE AG/NEW YORK NY 1.0029% 04/27/2018$314,295
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$314,225
FIFTH THIRD BANK/CINCINNATI OH 2.3 03/15/2019$313,758
CISCO SYSTEMS INC 1.6% 02/28/2019$313,084
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$311,913
ACTAVIS FUNDING SCS 1.543% 03/12/2020$310,328
GLENCORE FUNDING LLC 1.649% 01/15/2019$310,200
TENCENT HOLDINGS LTD 2% 05/02/2017$301,379
KOREA EXPRESSWAY CORP 1.625% 04/28/2017$300,373
ABBEY NATIONAL TREASURY SERVICES PLC/LON .796% 03/13/2017$300,008
CAMERON INTERNATIONAL CORP 1.15% 12/15/2016$300,004
ACTAVIS FUNDING SCS 1.3% 06/15/2017$299,160
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$294,534
COLONY AMERICAN HOMES 2014-1 1.4% 05/17/2031$292,694
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$288,242
AMERICAN HOMES 4 RENT 2014-SFR1 1.25% 06/17/2031$285,932
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$283,994
EXXON MOBIL CORP 1.439 03/01/2018$282,030
TENET HEALTHCARE CORP 6.25% 11/01/2018$276,250
EXXON MOBIL CORP 1.708 03/01/2019$262,103
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$260,278
DRIVE AUTO RECEIVABLES TRUST 2016-B 1.67 07/15/2019$259,947
STRYKER CORP 2 03/08/2019$252,542
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$251,441
DISH DBS CORP 4.625% 07/15/2017$251,431
CITIGROUP INC 1.85% 11/24/2017$250,764
HUNTINGTON NATIONAL BANK/THE 1.375% 04/24/2017$250,339
PNC BANK NA 1.15% 11/01/2016$250,296
KEYBANK NA/CLEVELAND OH 1.1% 11/25/2016$250,191
HUNTINGTON NATIONAL BANK/THE .718% 04/24/2017$249,778
COMPASS BANK 1.85% 09/29/2017$249,023
MURPHY OIL CORP 2.5% 12/01/2017$248,755
ASTORIA FINANCIAL CORP 5% 06/19/2017$246,693
GOLDMAN SACHS GROUP INC/THE 1.497% 04/30/2018$242,064
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$241,836
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$239,953
CHRYSLER CAPITAL AUTO RECEIVABLES TRUST .83% 09/17/2018$236,382
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.649% 11/25/2023$234,544
EBAY INC 2.5 03/09/2018$233,715
DRIVE AUTO RECEIVABLES TRUST 2016-B 2.56 06/15/2020$229,954
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$219,972
BAXALTA INC 1.061% 06/22/2018$217,562
VENTAS REALTY LP 1.55% 09/26/2016$211,225
JACKSON NATIONAL LIFE GLOBAL FUNDING 1.25% 02/21/2017$205,161
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.87 11/08/2021$202,832
JOHN DEERE CAPITAL CORP .576% 10/11/2016$200,220
MCKESSON CORP 1.292% 03/10/2017$200,171
NABORS INDUSTRIES INC 2.35% 09/15/2016$200,114
DUKE ENERGY CORP .664% 04/03/2017$199,775
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$199,691
TSMC GLOBAL LTD 1.625% 04/03/2018$199,506
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$199,290
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$191,571
GSAMP TRUST 2004-SEA2 .849% 03/25/2034$187,437
TECO FINANCE INC .883% 04/10/2018$186,943
APPLE INC 1.7% 02/22/2019$181,793
HESS CORP 1.3% 06/15/2017$179,021
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$174,171
CHEVRON CORP 1.79% 11/16/2018$171,452
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 2.65 08/17/2020$171,229
WHIRLPOOL CORP 1.65% 11/01/2017$170,789
DOMINION RESOURCES INC/VA 2.962 07/01/2019$161,178
SYSCO CORP 1.9 04/01/2019$160,799
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.149% 05/25/2024$160,344
AMPHENOL CORP 1.55% 09/15/2017$159,696
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$159,455
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$156,000
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$150,240
AUTODESK INC 1.95% 12/15/2017$150,088
IAC/INTERACTIVECORP 4.875% 11/30/2018$145,905
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.249% 03/25/2025$142,610
PACCAR FINANCIAL CORP 1.1% 06/06/2017$140,105
SYNCHRONY FINANCIAL 1.53% 02/03/2020$135,588
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$134,458
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$131,343
APPLE INC 1.3% 02/23/2018$130,599
PACCAR FINANCIAL CORP .879% 12/06/2018$130,430
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$120,570
VERIZON COMMUNICATIONS INC 1.053% 06/17/2019$120,464
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$120,076
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$119,936
VENTAS REALTY LP 1.25% 04/17/2017$119,865
BAXALTA INC 2% 06/22/2018$119,445
AT&T INC 5.5% 02/01/2018$117,116
KINDER MORGAN INC/DE 3.05% 12/01/2019$109,748
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$109,543
KINDER MORGAN INC/DE 2% 12/01/2017$108,786
WM WRIGLEY JR CO 2% 10/20/2017$100,918
WM WRIGLEY JR CO 1.4% 10/21/2016$100,186
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$100,044
GATX CORP 1.25% 03/04/2017$99,773
NELNET STUDENT LOAN TRUST 2014-2 .479% 06/25/2021$81,660
FREEPORT-MCMORAN INC 2.15% 03/01/2017$79,600
COCA-COLA CO/THE 0.875% 10/27/2017$75,920
SOUTHERN POWER CO 1.85% 12/01/2017$70,427
JOHNSON CONTROLS INC 1.4% 11/02/2017$69,929
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$69,676
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$50,303
LOCKHEED MARTIN CORP 1.85% 11/23/2018$47,457
TRANSALTA CORP 1.9% 06/03/2017$45,324
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$18,519,376
UNITED STATES ZERO 06/16$2,999,988
OHIO HSG FIN VAR 03/37$1,190,000
 
Other
Holding NameMarket Value
RUSSELL 2000 MINI EQUITY INDEX JUN16 (RTAM6)$16,274,829
CURRENCY CONTRACT$28,847
CURRENCY CONTRACT$20,791
CURRENCY CONTRACT$-31,415
USD$-2,316,221
USD$-13,276,750
All Holdings As of Apr 30, 2016
Equity
Holding NameMarket Value
GREENCORE GROUP PLC$3,474,415
CLEAN HARBORS INC$3,444,168
INSULET CORP$3,436,227
DREAMWORKS ANIMATION SKG INC$3,403,978
MINERALS TECHNOLOGIES INC$3,371,771
CARDTRONICS INC$3,307,338
KINDRED HEALTHCARE INC$3,270,078
ALLSCRIPTS HEALTHCARE SOLUTIONS INC$3,260,220
WELLCARE HEALTH PLANS INC$3,162,249
GLOBUS MEDICAL INC$3,058,386
FORUM ENERGY TECHNOLOGIES INC$2,908,073
SANDERSON FARMS INC$2,888,893
ASSURED GUARANTY LTD$2,865,103
TENNECO INC$2,849,418
CHEESECAKE FACTORY INC/THE$2,835,136
BLOOMIN' BRANDS INC$2,825,009
TELEDYNE TECHNOLOGIES INC$2,809,879
VONAGE HOLDINGS CORP$2,763,239
TEXAS CAPITAL BANCSHARES INC$2,738,661
STERLING BANCORP/DE$2,693,649
TIVO INC$2,686,217
HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE CAPITAL INC$2,647,130
MASONITE INTERNATIONAL CORP$2,618,442
DSW INC$2,607,614
ENTEGRIS INC$2,595,803
GREAT WESTERN BANCORP INC$2,576,760
PS BUSINESS PARKS INC$2,570,198
LIFEPOINT HOSPITALS INC$2,568,631
SOUTH STATE CORP$2,550,071
CINEMARK HOLDINGS INC$2,513,511
JOHN BEAN TECHNOLOGIES CORP$2,511,062
GATX CORP$2,500,974
WESTERN ALLIANCE BANCORP$2,489,598
PATTERSON-UTI ENERGY INC$2,482,180
CONVERGYS CORP$2,461,320
AIRCASTLE LTD$2,449,713
NATIONAL CINEMEDIA INC$2,444,814
HSN INC$2,444,683
FCB FINANCIAL HOLDINGS INC$2,444,403
NEW YORK TIMES CO/THE$2,442,851
FIRST SOLAR INC$2,439,091
RUCKUS WIRELESS INC$2,425,701
CADENCE DESIGN SYSTEMS INC$2,424,283
SWIFT TRANSPORTATION CO$2,400,427
GENESEE & WYOMING INC$2,397,350
PATTERN ENERGY GROUP INC$2,389,275
WATTS WATER TECHNOLOGIES INC$2,387,325
MFA FINANCIAL INC$2,381,462
SURGICAL CARE AFFILIATES INC$2,377,853
POLYONE CORP$2,367,484
REDWOOD TRUST INC$2,351,333
DEMANDWARE INC$2,347,315
HORACE MANN EDUCATORS CORP$2,336,543
MGIC INVESTMENT CORP$2,330,807
GRAPHIC PACKAGING HOLDING CO$2,316,165
CHICO'S FAS INC$2,314,439
REXFORD INDUSTRIAL REALTY INC$2,314,210
AMERIS BANCORP$2,311,009
METHANEX CORP$2,299,669
TUMI HOLDINGS INC$2,299,549
STEWART INFORMATION SERVICES CORP$2,277,890
LA-Z-BOY INC$2,276,457
VERIFONE SYSTEMS INC$2,275,377
KAPSTONE PAPER AND PACKAGING CORP$2,260,670
KENNEDY-WILSON HOLDINGS INC$2,255,436
KATE SPADE & CO$2,228,990
DIAMONDBACK ENERGY INC$2,210,387
WEX INC$2,208,231
WESTERN REFINING INC$2,152,574
HERCULES TECHNOLOGY GROWTH CAPITAL INC$2,146,146
SOVRAN SELF STORAGE INC$2,145,644
ADVANCED DRAINAGE SYSTEMS INC$2,136,982
ARMSTRONG WORLD INDUSTRIES INC$2,111,918
SUNPOWER CORP$2,106,845
HUBSPOT INC$2,040,883
CURTISS-WRIGHT CORP$2,001,035
MARKETAXESS HOLDINGS INC$1,987,484
HILLTOP HOLDINGS INC$1,901,992
M/A-COM TECHNOLOGY SOLUTIONS HOLDINGS INC$1,898,114
CONNECTONE BANCORP INC$1,897,403
CIENA CORP$1,829,589
CAVIUM INC$1,828,171
SOLAR CAPITAL LTD$1,778,285
CEPHEID INC$1,750,358
LINDBLAD EXPEDITIONS HOLDINGS INC$1,650,400
PAPA JOHN'S INTERNATIONAL INC$1,636,017
BIO-TECHNE CORP$1,593,378
VERINT SYSTEMS INC$1,561,039
STRATASYS LTD$1,494,138
LASALLE HOTEL PROPERTIES$1,377,596
ROGERS CORP$1,340,446
ACADIA HEALTHCARE CO INC$1,264,432
IMPERVA INC$1,234,044
EHEALTH INC$1,175,510
TESARO INC$1,168,608
MONOLITHIC POWER SYSTEMS INC$1,150,401
COMMUNITY HEALTH SYSTEMS INC$1,133,352
HAVERTY FURNITURE COS INC$1,102,650
WISDOMTREE INVESTMENTS INC$1,004,679
ULTRAGENYX PHARMACEUTICAL INC$868,241
ARGO GROUP INTERNATIONAL HOLDINGS LTD$668,435
DESTINATION MATERNITY CORP$525,538
ON SEMICONDUCTOR CORP$425,677
ARMSTRONG FLOORING INC$386,859
DICERNA PHARMACEUTICALS INC$294,451
PTC THERAPEUTICS INC$227,052
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$11,287,267
UNITED STATES TREASURY NOTE/BOND .75% 02/28/2018$10,972,144
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$10,044,730
UNITED STATES TREASURY NOTE/BOND .625% 05/31/2017$7,500,000
UNITED STATES TREASURY NOTE/BOND .875% 01/15/2018$6,480,277
UNITED STATES TREASURY NOTE/BOND 1.125% 06/15/2018$6,041,484
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$5,690,005
UNITED STATES TREASURY NOTE/BOND 1 03/15/2019$4,952,735
UNITED STATES TREASURY NOTE/BOND .625% 08/31/2017$4,697,340
UNITED STATES TREASURY NOTE/BOND 0.875% 11/30/2017$4,311,171
FEDERAL HOME LOAN MORTGAGE CORP 1% 12/15/2017$4,103,121
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$4,015,525
UNITED STATES TREASURY NOTE/BOND .875% 04/30/2017$3,509,842
FANNIE MAE POOL 2.509% 05/01/2042$3,108,203
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$2,751,130
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$2,671,233
FEDERAL HOME LOAN MORTGAGE CORP 1.125 03/16/2018$2,510,196
CHASE ISSUANCE TRUST 1.15% 01/15/2019$2,504,649
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$2,499,695
CABELA'S CREDIT CARD MASTER NOTE TRUST 1.63% 02/18/2020$2,216,894
HERTZ FLEET LEASE FUNDING LP .741% 12/10/2027$1,747,069
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,608,136
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$1,545,215
PORSCHE INNOVATIVE LEASE OWNER TRUST 2014-1 1.03% 11/20/2017$1,524,673
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,503,594
CITIGROUP INC 1.55% 08/14/2017$1,416,688
NEWELL RUBBERMAID INC 2.15% 10/15/2018$1,411,616
PORSCHE INNOVATIVE LEASE OWNER TRUST 201 1.19% 07/23/2018$1,398,525
BECTON DICKINSON AND CO 1.45% 05/15/2017$1,392,898
HYUNDAI CAPITAL AMERICA 4% 06/08/2017$1,332,572
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,323,892
AMGEN INC 1.25% 05/22/2017$1,322,400
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$1,321,399
CARDINAL HEALTH INC 1.95% 06/15/2018$1,314,283
FEDERAL HOME LOAN MORTGAGE CORP 1.125 04/15/2019$1,304,610
NBCUNIVERSAL ENTERPRISE INC .974% 04/15/2018$1,301,988
PRINCIPAL LIFE GLOBAL FUNDING II 0.938363% 12/01/2017$1,300,207
NSTAR ELECTRIC CO .56% 05/17/2016$1,300,088
HSBC USA INC 1.625% 01/16/2018$1,299,996
MIZUHO BANK LTD 1.2431% 03/26/2018$1,294,735
AT&T INC 2.4 03/15/2017$1,293,439
PRUDENTIAL FINANCIAL INC 1.1% 08/15/2018$1,247,505
BB&T CORP .96% 02/01/2019$1,234,830
CITIBANK CREDIT CARD ISSUANCE TRUST 1.02% 02/22/2019$1,229,194
INVITATION HOMES 2014-SFR1 TRUST 1.198% 06/17/2031$1,226,979
MORGAN STANLEY 1.435% 01/27/2020$1,201,409
CREDIT AGRICOLE SA/LONDON 1.089% 04/15/2019$1,182,336
CELGENE CORP 2.125% 08/15/2018$1,176,317
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$1,162,041
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$1,158,730
ROYAL BANK OF CANADA 1.625 04/15/2019$1,127,180
INVITATION HOMES 2015-SFR3 TRUST 1.621% 08/17/2032$1,069,797
SYNCHRONY FINANCIAL 1.875% 08/15/2017$1,065,389
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,016,597
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.799% 01/25/2024$1,012,676
SUNTRUST BANK/ATLANTA GA .761% 02/15/2017$1,008,720
RELIANCE STANDARD LIFE GLOBAL FUNDING II 2.15% 10/15/2018$1,003,603
FIFTH THIRD BANK/CINCINNATI OH 1.2796% 08/20/2018$1,002,257
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$1,002,149
ABBVIE INC 1.8% 05/14/2018$982,270
INVITATION HOMES 2015-SFR2 TRUST 1.547% 06/17/2032$977,149
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.149% 05/25/2024$969,417
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$965,228
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$947,689
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$927,826
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$922,200
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$919,503
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$918,723
MACQUARIE BANK LTD 1.6% 10/27/2017$909,803
WISCONSIN PUBLIC SERVICE CORP 1.65% 12/04/2018$908,907
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.438% 01/15/2032$906,883
ASHLAND INC 3.875% 04/15/2018$902,344
CHEVRON CORP 1.344% 11/09/2017$889,423
COLONY AMERICAN HOMES 2015-1 1.398% 07/17/2032$880,554
CVS HEALTH CORP 1.9% 07/20/2018$862,154
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$844,595
KRAFT HEINZ FOODS CO 2% 07/02/2018$838,818
ABBEY NATIONAL TREASURY SERVICES PLC/UNITED KINGDOM 2.5 03/14/2019$833,184
CAPITAL AUTO RECEIVABLES ASSET TRUST 201 1.39% 09/20/2018$829,943
VERIZON COMMUNICATIONS INC 2.036% 09/14/2018$821,556
BANK OF AMERICA CORP .85% 05/02/2017$800,368
INVITATION HOMES 2014-SFR2 TRUST 1.298% 09/17/2031$748,057
RYDER SYSTEM INC 2.5% 03/01/2017$731,896
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.399% 07/25/2024$708,614
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$679,874
REYNOLDS AMERICAN INC 2.3% 06/12/2018$673,204
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$670,713
MORGAN STANLEY 6.625% 04/01/2018$660,279
IMPERIAL TOBACCO FINANCE PLC 2.05% 02/11/2018$653,934
BANK OF NEW YORK MELLON CORP/THE .86% 08/01/2018$648,712
SANTANDER BANK NA 2% 01/12/2018$647,647
JPMORGAN CHASE & CO 1.35% 02/15/2017$641,997
BANK OF AMERICA CORP 1.7% 08/25/2017$637,093
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$637,028
GOLDMAN SACHS GROUP INC/THE 1.42% 11/15/2018$636,822
JPMORGAN CHASE & CO 1.195% 01/25/2018$629,881
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.585 09/25/2028$617,452
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$613,050
FORD MOTOR CREDIT CO LLC 4.25% 02/03/2017$612,877
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$612,513
GEORGIA POWER CO 0.7616% 08/15/2016$605,013
MORGAN STANLEY 2.45% 02/01/2019$599,386
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$596,457
BANK OF AMERICA CORP 1.351% 03/22/2018$593,162
BANK OF AMERICA NA 2.05% 12/07/2018$571,016
QUALCOMM INC 1.4% 05/18/2018$563,402
INTERNATIONAL LEASE FINANCE CORP 2.236% 06/15/2016$560,673
FIFTH THIRD BANCORP 5.45% 01/15/2017$554,743
AIRCASTLE LTD 6.75% 04/15/2017$553,832
HILTON USA TRUST 2013-HLF 1.19% 11/05/2030$552,815
CATERPILLAR FINANCIAL SERVICES CORP 1.25% 08/18/2017$543,716
CATERPILLAR FINANCIAL SERVICES CORP 1% 03/03/2017$541,197
BERKSHIRE HATHAWAY ENERGY CO 5.75% 04/01/2018$540,801
DOMINION RESOURCES INC/VA 1.25% 03/15/2017$540,238
PNC BANK NA 1.95 03/04/2019$535,943
HYUNDAI AUTO LEASE SECURITIZATION TRUST .75% 04/17/2017$522,951
ABBVIE INC 1.75% 11/06/2017$522,879
GOLDMAN SACHS GROUP INC/THE 5.625% 01/15/2017$504,641
KROGER CO/THE 2.2% 01/15/2017$503,985
BERKSHIRE HATHAWAY FINANCE CORP 1.7 03/15/2019$486,946
ANTHEM INC 2.375% 02/15/2017$468,718
WHIRLPOOL CORP 1.35% 03/01/2017$466,640
COLONY AMERICAN HOMES 2014-2 1.137% 07/17/2031$465,050
CITIZENS BANK NA/PROVIDENCE RI 2.5 03/14/2019$455,389
MOBILE MINI INC 7.875% 12/01/2020$447,513
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$444,125
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$442,613
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$434,868
AES CORP/VA 3.283% 06/01/2019$423,013
NCUA GUARANTEED NOTES TRUST 2010-A1 .543% 12/07/2020$415,039
CITIGROUP INC 2.05% 12/07/2018$412,403
LIBERTY PROPERTY LP 6.625% 10/01/2017$411,036
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$409,513
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$406,184
VERIZON COMMUNICATIONS INC 1.816% 09/15/2016$401,900
ALLY FINANCIAL INC 3.25% 09/29/2017$401,000
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.5716% 05/25/2028$390,948
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$388,565
CIT GROUP INC 5.25% 03/15/2018$387,656
INVITATION HOMES 2013-SFR1 TRUST 1.4% 12/17/2030$379,313
SABINE PASS LNG LP 7.5% 11/30/2016$378,788
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$374,859
BMW US CAPITAL LLC 1.5 04/11/2019$370,939
REGIONS FINANCIAL CORP 2% 05/15/2018$369,679
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.199% 10/25/2023$367,587
KEYBANK NA/CLEVELAND OH 2.35 03/08/2019$364,502
ALLY FINANCIAL INC 3.5% 01/27/2019$363,631
WPX ENERGY INC 5.25% 01/15/2017$361,656
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$360,022
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$359,229
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$352,830
SEAGATE HDD CAYMAN 3.75% 11/15/2018$346,792
KEYBANK NA/CLEVELAND OH .819% 11/25/2016$345,371
MISSOURI HIGHER EDUCATION LOAN AUTHORITY 1.029% 01/26/2026$335,315
NCUA GUARANTEED NOTES TRUST 2010-R1 .641% 10/07/2020$326,998
PACCAR FINANCIAL CORP 1.45% 03/09/2018$325,928
FIFTH THIRD BANK/CINCINNATI OH .834% 11/18/2016$315,438
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$314,642
CISCO SYSTEMS INC 1.6% 02/28/2019$314,130
FIFTH THIRD BANK/CINCINNATI OH 2.3 03/15/2019$313,377
CREDIT SUISSE AG/NEW YORK NY 1.0029% 04/27/2018$312,529
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$312,002
GLENCORE FUNDING LLC 1.649% 01/15/2019$310,200
ACTAVIS FUNDING SCS 1.543% 03/12/2020$309,820
TENCENT HOLDINGS LTD 2% 05/02/2017$301,331
KOREA EXPRESSWAY CORP 1.625% 04/28/2017$300,222
CAMERON INTERNATIONAL CORP 1.15% 12/15/2016$300,026
ABBEY NATIONAL TREASURY SERVICES PLC/LON .796% 03/13/2017$299,779
ACTAVIS FUNDING SCS 1.3% 06/15/2017$299,354
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$299,134
COLONY AMERICAN HOMES 2014-1 1.4% 05/17/2031$292,565
CHRYSLER CAPITAL AUTO RECEIVABLES TRUST .83% 09/17/2018$292,105
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$288,467
AMERICAN HOMES 4 RENT 2014-SFR1 1.25% 06/17/2031$286,778
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$284,520
EXXON MOBIL CORP 1.439 03/01/2018$282,772
TENET HEALTHCARE CORP 6.25% 11/01/2018$279,500
EXXON MOBIL CORP 1.708 03/01/2019$263,687
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$260,304
XCEL ENERGY INC .75% 05/09/2016$254,999
STRYKER CORP 2 03/08/2019$253,498
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$251,695
DISH DBS CORP 4.625% 07/15/2017$251,431
CITIGROUP INC 1.85% 11/24/2017$250,984
PNC BANK NA 1.15% 11/01/2016$250,440
HUNTINGTON NATIONAL BANK/THE 1.375% 04/24/2017$250,383
KEYBANK NA/CLEVELAND OH 1.1% 11/25/2016$250,235
HUNTINGTON NATIONAL BANK/THE .718% 04/24/2017$249,556
COMPASS BANK 1.85% 09/29/2017$248,837
ASTORIA FINANCIAL CORP 5% 06/19/2017$247,536
MURPHY OIL CORP 2.5% 12/01/2017$246,550
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$241,944
GOLDMAN SACHS GROUP INC/THE 1.497% 04/30/2018$241,310
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$239,847
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.649% 11/25/2023$235,811
EBAY INC 2.5 03/09/2018$234,360
AUTOZONE INC 1.3% 01/13/2017$220,439
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$220,308
BAXALTA INC 1.061% 06/22/2018$217,338
VENTAS REALTY LP 1.55% 09/26/2016$211,329
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$205,721
JACKSON NATIONAL LIFE GLOBAL FUNDING 1.25% 02/21/2017$205,279
MCKESSON CORP 1.292% 03/10/2017$200,389
JOHN DEERE CAPITAL CORP .576% 10/11/2016$200,218
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$200,005
NABORS INDUSTRIES INC 2.35% 09/15/2016$199,903
DUKE ENERGY CORP .664% 04/03/2017$199,209
TSMC GLOBAL LTD 1.625% 04/03/2018$198,925
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$191,583
GSAMP TRUST 2004-SEA2 .849% 03/25/2034$190,943
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$187,173
TECO FINANCE INC .883% 04/10/2018$186,594
APPLE INC 1.7% 02/22/2019$182,535
HESS CORP 1.3% 06/15/2017$178,448
CHEVRON CORP 1.79% 11/16/2018$172,229
WHIRLPOOL CORP 1.65% 11/01/2017$170,522
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.149% 05/25/2024$169,146
AVIS BUDGET CAR RENTAL LLC / AVIS BUDGET 4.875% 11/15/2017$167,125
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.249% 03/25/2025$166,103
SYSCO CORP 1.9 04/01/2019$161,279
AMPHENOL CORP 1.55% 09/15/2017$159,985
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$159,389
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$156,188
IAC/INTERACTIVECORP 4.875% 11/30/2018$155,063
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$150,490
AUTODESK INC 1.95% 12/15/2017$149,288
WESTERN DIGITAL CORP 10.5 04/01/2024$146,250
PACCAR FINANCIAL CORP 1.1% 06/06/2017$140,340
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$139,322
SYNCHRONY FINANCIAL 1.53% 02/03/2020$135,490
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$131,610
APPLE INC 1.3% 02/23/2018$130,807
PACCAR FINANCIAL CORP .879% 12/06/2018$130,444
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$120,636
VERIZON COMMUNICATIONS INC 1.053% 06/17/2019$120,153
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$120,137
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$119,938
VENTAS REALTY LP 1.25% 04/17/2017$119,788
BAXALTA INC 2% 06/22/2018$119,751
AT&T INC 5.5% 02/01/2018$117,831
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$109,948
KINDER MORGAN INC/DE 3.05% 12/01/2019$109,473
KINDER MORGAN INC/DE 2% 12/01/2017$109,084
WM WRIGLEY JR CO 2% 10/20/2017$101,107
WM WRIGLEY JR CO 1.4% 10/21/2016$100,227
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$100,092
GATX CORP 1.25% 03/04/2017$99,537
NELNET STUDENT LOAN TRUST 2014-2 .479% 06/25/2021$88,750
FREEPORT-MCMORAN INC 2.15% 03/01/2017$79,175
COCA-COLA CO/THE 0.875% 10/27/2017$76,081
SOUTHERN POWER CO 1.85% 12/01/2017$70,494
JOHNSON CONTROLS INC 1.4% 11/02/2017$69,916
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$69,890
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$55,343
LOCKHEED MARTIN CORP 1.85% 11/23/2018$47,686
TRANSALTA CORP 1.9% 06/03/2017$45,256
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$13,533,957
UNITED STATES ZERO 05/16$9,499,905
OHIO HOUSING FINANCE AGENCY 0.44% 03/01/2037$1,190,000
 
Other
Holding NameMarket Value
RUSSELL 2000 MINI EQUITY INDEX JUN16 (RTAM6)$11,408,981
USD$2,743,872
CURRENCY CONTRACT$24,742
CURRENCY CONTRACT$-5,957
CURRENCY CONTRACT$-11,372
USD$-16,484,981

Footnotes

1.

Please read Making Sound Investment Decisions: A Retirement Investment Guide and the accompanying VantageTrust Fund Fees and Expenses document ("Guide") carefully for a complete summary of all fees, expenses, investment objectives and strategies, and risks before investing. For a current Guide, contact ICMA-RC by calling 800-669-7400 or log into your account at www.icmarc.org.

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.