Fund Facts  

Inception Date: Dec 4, 2000
Ticker Symbol: VPIPX
Registration Date: Dec 4, 2000
Morningstar Category:Short-Term Bond
As of Mar 31, 2016
Fund Net Assets ($millions) $783

Documents for Fund or Underlying Fund(s)  

Description

Objective  

To seek total return that is consistent with preservation of capital.

Principal Investment Strategies  

The Fund invests, under normal circumstances, at least 80% of its net assets in bonds and other fixed income securities of varying maturities, and normally invests at least 65% of its net assets in bonds and other fixed income securities with more than one year to maturity. The Fund seeks to maintain 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 interests rate 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%.

Investments selected by the Fund’s subadvisers are based on their analysis of securities, sectors, and anticipated changes in interest rates. To provide return opportunities, the Fund invests in fixed income securities that the Fund’s subadvisers believe offer attractive yields and are priced below fair market value relative to securities of similar credit quality and interest rate sensitivity.

The Fund’s investments in fixed income securities may include:

• securities issued or guaranteed by the U.S. Government or foreign governments and their agencies or instrumentalities, or supra-national organizations (such as the World Bank);
• securities issued by U.S. or foreign companies;
• U.S. and foreign mortgage-backed securities;
• U.S. and foreign asset-backed securities; and
• municipal securities.

The Fund generally invests in investment grade fixed income 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 Fund’s subadvisers determine are of comparable quality). The Fund may invest up to 10% of its net assets in securities that are rated below investment grade (commonly known as “high yield securities” or “junk bonds”), which are securities rated below the four highest grades by Standard & Poor’s, Moody’s, or Fitch or are unrated securities that the Fund’s subadvisers determine are of comparable quality. In addition, the Fund may invest up to 10% of its net assets in floating rate loans. However, the Fund limits its investments in high yield securities and floating rate loans so that, taken together, they equal no more than 10% of the Fund’s net assets.

The Fund may invest up to 30% of its net assets in foreign securities. The Fund primarily invests in securities that are denominated in the U.S. dollar, but can invest up to 10% of its net assets in securities that are denominated in foreign currencies.

The Fund also may invest up to 10% of its net assets in derivative instruments. The Fund’s subadvisers may use futures, options, swap agreements, and swaptions to manage risk or obtain or adjust investment exposure. The Fund’s subadvisers also may use forward currency contracts to obtain or adjust investment exposure or to manage foreign currency risks. The Fund’s investments in credit default swaps, if any, will be less than 5% of the Fund’s net assets.

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 Credit Risk, Interest Rate Risk, Asset-Backed Securities Risk, Mortgage-Backed Securities Risk, Municipal Securities Risk, Call Risk, U.S. Government Agency Securities Risk, Foreign Securities Risk, Foreign Currency Risk, Floating Rate Loans Risk, High Yield Securities Risk, Derivative Instruments Risk, Multi-Manager Risk.
Please see the Risk Glossary for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Mar 31, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Vantagepoint Low Duration Bond   0.98%0.98%0.41%0.75%1.42%2.87%N/A
BofA ML 1-3 Year US Corporate & Govt. Indexa,b0.98%0.98%1.06%0.97%1.20%2.80%N/A
Morningstar Short-Term Bonda,c0.99%0.99%0.39%0.74%1.54%2.92%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.

Annual Fund Operating Expenses
Total expenses   0.62%

 

a. Returns and/or expenses provided by Morningstar, Inc. Copyright © 2016. 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. ICMA-RC does not independently verify Morningstar data.

b. The BofA Merrill Lynch 1-3 Year US Corporate & Government Index tracks the performance of U.S. dollar-denominated investment grade government and corporate public debt securities issued in the U.S. domestic bond market with maturities ranging between 1 and 3 years.

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.

Morningstar Information

Morningstar Rating   As of Mar 31, 2016
Period Stars Category Size
Overall 3 Stars490
3-Year 3 Stars490
5-Year 3 Stars404
10-Year 3 Stars280

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 Mar 31, 2016
Fixed Income Stylebox
Medium Limited
 

Characteristics

Top Ten Holdings As of Apr 30, 2016
Holding NamePercent
US 2YR NOTE (CBT) BOND JUN16 (TUM6) COMDTY4.8%
FIDELITY INSTITUTIONAL MONEY MARKET3.6%
UNITED STATES TREASURY NOTE/BOND 0.75% 01/31/20181.9%
UNITED STATES TREASURY NOTE/BOND .875% 01/15/20181.8%
UNITED STATES ZERO 05/161.5%
UNITED STATES TREASURY NOTE/BOND 1% 12/31/20171.3%
UNITED STATES TREASURY NOTE/BOND 1% 02/15/20181.3%
UNITED STATES TREASURY NOTE/BOND 1.125% 01/15/20191.3%
UNITED STATES TREASURY NOTE/BOND .625% 09/30/20171.2%
CHASE ISSUANCE TRUST .618% 11/16/20201.1%
All Holdings As of Apr 30, 2016
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 0.75% 01/31/2018$15,335,598
UNITED STATES TREASURY NOTE/BOND .875% 01/15/2018$14,073,177
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$10,385,641
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$10,157,231
UNITED STATES TREASURY NOTE/BOND 1.125% 01/15/2019$10,063,280
UNITED STATES TREASURY NOTE/BOND .625% 09/30/2017$9,362,860
CHASE ISSUANCE TRUST .618% 11/16/2020$9,025,406
UNITED STATES TREASURY NOTE/BOND 1 03/15/2019$8,792,609
UNITED STATES TREASURY NOTE/BOND .75% 02/28/2018$8,039,373
UNITED STATES TREASURY NOTE/BOND .625% 07/31/2017$8,027,808
CNH EQUIPMENT TRUST 1.37% 07/15/2020$7,418,068
JPMORGAN CHASE & CO 3.15% 07/05/2016$7,120,019
UNITED STATES TREASURY NOTE/BOND 0.875% 11/30/2017$7,008,160
ABBVIE INC 1.8% 05/14/2018$6,538,389
KRAFT HEINZ FOODS CO 2% 07/02/2018$6,299,219
COOPERATIEVE CENTRALE RAIFFEISEN-BOERENL 2.25% 01/14/2019$6,110,232
CITIGROUP INC 2.65% 10/26/2020$6,108,975
AMERICAN EXPRESS CREDIT ACCOUNT MASTER T .568% 12/15/2021$5,998,576
SYNCHRONY CREDIT CARD MASTER NOTE TRUST .648% 03/15/2020$5,722,344
BA CREDIT CARD TRUST .578% 06/15/2021$5,615,726
DISCOVER CARD EXECUTION NOTE TRUST .648% 04/15/2021$5,573,361
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$5,530,908
HARLEY-DAVIDSON MOTORCYCLE TRUST 2014-1 1.1% 09/15/2019$5,503,543
UNITED STATES TREASURY NOTE/BOND 1.125% 02/28/2021$5,457,812
SUNCOR ENERGY INC 6.1% 06/01/2018$5,440,164
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$5,355,529
GOLDMAN SACHS GROUP INC/THE 2.75% 09/15/2020$5,085,200
CAPITAL ONE MULTI-ASSET EXECUTION TRUST .238% 07/15/2020$4,900,736
CAPITAL ONE BANK USA NA 1.2% 02/13/2017$4,897,207
VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2014 .91% 10/22/2018$4,535,929
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$4,464,176
ANGLO AMERICAN CAPITAL PLC 2.625% 09/27/2017$4,378,000
TRANSCANADA PIPELINES LTD 1.625% 11/09/2017$4,302,309
FEDERAL HOME LOAN MORTGAGE CORP 1.125 03/16/2018$4,200,328
STANDARD CHARTERED PLC 3.2% 05/12/2016$4,102,349
MICROSOFT CORP 2% 11/03/2020$4,099,908
MOODY'S CORP 2.75% 07/15/2019$4,093,788
AT&T INC 2.45% 06/30/2020$4,066,556
BANK OF AMERICA CORP 5.65% 05/01/2018$4,028,981
HSBC FINANCE CORP .713% 06/01/2016$4,000,756
METROPOLITAN LIFE GLOBAL FUNDING I 2% 04/14/2020$3,981,168
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$3,919,522
CITIBANK CREDIT CARD ISSUANCE TRUST 1.32% 09/07/2018$3,904,713
PHILLIPS 66 PARTNERS LP 2.646% 02/15/2020$3,899,696
REGIONS BANK/BIRMINGHAM AL 2.25% 09/14/2018$3,648,390
FREDDIE MAC GOLD POOL 3 TBA$3,555,921
MORGAN STANLEY 2.45% 02/01/2019$3,555,682
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$3,518,726
MEDTRONIC INC 2.5% 03/15/2020$3,465,495
ANTHEM INC 2.375% 02/15/2017$3,457,423
INVITATION HOMES 2014-SFR1 TRUST 1.198% 06/17/2031$3,449,066
VERIZON COMMUNICATIONS INC 2.036% 09/14/2018$3,423,835
CITIBANK CREDIT CARD ISSUANCE TRUST 1.349% 01/23/2020$3,352,770
KINDER MORGAN INC/DE 3.05% 12/01/2019$3,294,148
STATE BOARD OF ADMINISTRATION FINANCE CO 2.995% 07/01/2020$3,241,594
DISCOVER CARD EXECUTION NOTE TRUST .628% 07/15/2021$3,202,092
TYSON FOODS INC 2.65% 08/15/2019$3,188,835
CVS HEALTH CORP 2.25% 12/05/2018$3,156,554
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$3,091,612
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$3,045,475
ANTHEM INC 2.3% 07/15/2018$3,041,988
AT&T INC 1.7% 06/01/2017$3,015,327
EMD FINANCE LLC 1.7% 03/19/2018$3,006,780
KOMMUNINVEST I SVERIGE AB 1.5 04/23/2019$2,934,910
REYNOLDS AMERICAN INC 2.3% 08/21/2017$2,913,955
KFW 0.875 04/19/2018$2,845,386
RIO TINTO FINANCE USA LTD 6.5% 07/15/2018$2,749,398
ACTAVIS FUNDING SCS 3% 03/12/2020$2,661,169
REYNOLDS AMERICAN INC 2.3% 06/12/2018$2,652,016
PRUDENTIAL FINANCIAL INC 6.1% 06/15/2017$2,628,393
UNITED STATES TREASURY NOTE/BOND .625% 11/30/2017$2,626,405
BANK OF AMERICA CORP 6.5% 08/01/2016$2,533,705
BANK OF ENGLAND EURO NOTE 1.25% 03/16/2018$2,514,770
CABELA'S CREDIT CARD MASTER NOTE TRUST .648% 07/15/2022$2,496,965
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$2,423,555
COLONY AMERICAN HOMES 2015-1 1.398% 07/17/2032$2,404,210
MCDONALD'S CORP 2.1% 12/07/2018$2,331,729
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$2,320,415
UNITED STATES TREASURY NOTE/BOND 0.875 03/31/2018$2,304,582
JP MORGAN MORTGAGE TRUST 2013-1 2.5% 03/25/2043$2,283,228
CHASE ISSUANCE TRUST 1.62 07/15/2020$2,265,974
STATOIL ASA .61% 05/15/2018$2,265,219
ENTERPRISE PRODUCTS OPERATING LLC 6.5% 01/31/2019$2,256,301
NEWELL RUBBERMAID INC 2.6 03/29/2019$2,247,329
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 5.75% 07/15/2020$2,231,209
CREDIT SUISSE/NEW YORK NY 1.375% 05/26/2017$2,210,564
ASIAN DEVELOPMENT BANK .75% 07/28/2017$2,207,392
NEDERLANDSE WATERSCHAPSBANK NV 1.25% 09/18/2017$2,204,968
NCUA GUARANTEED NOTES TRUST 2010-R3 .751% 12/08/2020$2,198,600
FORD MOTOR CREDIT CO LLC 1.223% 01/09/2018$2,194,916
CABELA'S CREDIT CARD MASTER NOTE TRUST .548% 03/16/2020$2,192,135
FEDERAL HOME LOAN MORTGAGE CORP 1.125 04/15/2019$2,167,659
INVITATION HOMES 2014-SFR2 TRUST 1.298% 09/17/2031$2,156,737
PORSCHE FINANCIAL AUTO SECURITIZATION TR .67% 01/23/2018$2,100,159
FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES 2.086 03/25/2019$2,040,957
FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES 1.869 11/25/2019$2,029,992
MORGAN STANLEY 1.435% 01/27/2020$2,012,360
STANDARD CHARTERED PLC 1.5% 09/08/2017$1,987,284
STATE OF ILLINOIS 5.877% 03/01/2019$1,984,489
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$1,967,962
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2% 11/16/2018$1,924,652
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$1,912,645
WESTPAC BANKING CORP 1.95% 11/23/2018$1,910,053
BANK NEDERLANDSE GEMEENTEN NV 1% 02/12/2018$1,909,799
DEVON ENERGY CORP 2.25% 12/15/2018$1,895,824
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.1905 09/25/2028$1,888,658
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,861,062
ROYAL BANK OF CANADA 1.625 04/15/2019$1,853,585
BOCA HOTEL PORTFOLIO TRUST 2013-BOCA 2.5755% 08/15/2026$1,852,477
HSBC BANK PLC .961% 05/15/2018$1,830,837
CITIGROUP COMMERCIAL MORTGAGE TRUST 2014-388G 1.1755% 06/15/2033$1,828,830
CAREFREE PORTFOLIO TRUST 2014-CARE 1.746% 11/15/2019$1,818,420
BECTON DICKINSON AND CO 1.45% 05/15/2017$1,803,753
CAPITAL ONE MULTI-ASSET EXECUTION TRUST .578% 01/18/2022$1,802,811
UBS GROUP FUNDING JERSEY LTD 3 04/15/2021$1,795,692
TRADE MAPS 1 LTD .892% 12/10/2018$1,792,514
AMGEN INC 1.25% 05/22/2017$1,743,163
GSAMP TRUST 2005-HE3 1.4408% 06/25/2035$1,722,819
FORD MOTOR CREDIT CO LLC 3.336 03/18/2021$1,720,093
ABBEY NATIONAL TREASURY SERVICES PLC/LON 1.65% 09/29/2017$1,703,393
AMERICAN INTERNATIONAL GROUP INC 3.3% 03/01/2021$1,691,550
FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES 4.084 11/25/2020$1,657,234
FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES 3.974 01/25/2021$1,654,053
INTER-AMERICAN DEVELOPMENT BANK 1 05/13/2019$1,634,839
AMERIQUEST MORTGAGE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2005-R7 0.9358% 09/25/2035$1,617,501
UBS AG/STAMFORD CT 1.8% 03/26/2018$1,606,613
FMS WERTMANAGEMENT AOER 1.125% 09/05/2017$1,604,581
METROPOLITAN LIFE GLOBAL FUNDING I .819% 07/15/2016$1,601,531
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.438% 01/15/2032$1,594,519
STANDARD CHARTERED BANK 6.4% 09/26/2017$1,585,263
CD 2007-CD5 MORTGAGE TRUST 6.32326% 11/15/2044$1,578,435
WELLS FARGO BANK NA 1.65% 01/22/2018$1,573,135
GENERAL ELECTRIC CAPITAL CORP .936% 07/12/2016$1,558,974
JPMORGAN CHASE & CO 1.35% 02/15/2017$1,544,806
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$1,541,639
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,537,539
BB&T CORP .96% 02/01/2019$1,527,420
TREMAN PARK CLO LTD 2.1238% 04/20/2027$1,522,868
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 5.794% 02/12/2051$1,516,836
TAL ADVANTAGE V LLC 1.7% 05/20/2039$1,515,737
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.25% 05/23/2017$1,515,408
FORD MOTOR CREDIT CO LLC 1.724% 12/06/2017$1,506,838
ING BANK NV 2% 11/26/2018$1,500,685
CHASE ISSUANCE TRUST .448% 04/15/2019$1,494,625
GLOBAL SC FINANCE II SRL 3.19% 07/17/2029$1,490,392
BANK OF AMERICA CORP 1.351% 03/22/2018$1,487,933
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-5 1.15% 01/15/2019$1,465,507
ABBVIE INC 1.75% 11/06/2017$1,458,029
HILTON USA TRUST 2013-HLT 2.6621% 11/05/2030$1,442,146
CREDIT SUISSE COMMERCIAL MORTGAGE TRUST SERIES 2007-C4 6.146442% 09/15/2039$1,441,634
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C2 5.43% 02/15/2040$1,425,447
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.141% 07/01/2041$1,414,175
CAISSE D'AMORTISSEMENT DE LA DETTE SOCIA 1.25% 03/12/2018$1,413,442
HSBC USA INC 1.7% 03/05/2018$1,411,799
AMERICAN EXPRESS CO .919% 05/22/2018$1,404,656
BP CAPITAL MARKETS PLC 1.674% 02/13/2018$1,365,160
ENERGY TRANSFER PARTNERS LP 2.5% 06/15/2018$1,357,356
SUNTRUST BANK/ATLANTA GA 5.2% 01/17/2017$1,355,561
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,353,235
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-1 1.41% 07/15/2019$1,352,648
NOMURA ASSET ACCEPTANCE CORP ALTERNATIVE LOAN TRUST SERIES 2004-AR4 1.033 12/25/2034$1,347,458
CHEVRON CORP 1.344% 11/09/2017$1,346,697
TOYOTA MOTOR CREDIT CORP 1.55% 07/13/2018$1,332,701
CONSECO FINANCIAL CORP 6.53% 04/01/2030$1,314,918
CITIZENS BANK NA/PROVIDENCE RI 1.6% 12/04/2017$1,296,780
INTERNATIONAL LEASE FINANCE CORP 2.236% 06/15/2016$1,296,555
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2004-AR1 TRUST 2.449685% 03/25/2034$1,291,550
COMMERCIAL MORTGAGE TRUST 2007-GG9 5.444% 03/10/2039$1,284,019
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2014-3 3.13 10/08/2020$1,281,739
SEQUOIA MORTGAGE TRUST 2014-3 4 10/25/2044$1,281,493
HILTON USA TRUST 2013-HLF 1.19% 11/05/2030$1,277,817
KRAFT HEINZ FOODS CO 1.6% 06/30/2017$1,274,520
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR13 TRUST 0.7258% 10/25/2045$1,266,356
MACQUARIE BANK LTD 1.6% 10/27/2017$1,259,727
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$1,252,900
JOHN DEERE CAPITAL CORP 1.125% 06/12/2017$1,243,951
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$1,243,529
SEQUOIA MORTGAGE TRUST 3.5 09/25/2042$1,242,129
MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES 2006-FF1 0.6465% 08/25/2036$1,241,587
ARAMARK CORP US TLE 3.25% 06/30/2016$1,226,320
COLONY AMERICAN HOMES 2014-2 1.137% 07/17/2031$1,211,068
BNZ INTERNATIONAL FUNDING LTD/LONDON 1.9% 02/26/2018$1,205,112
ALLY FINANCIAL INC 3.25% 09/29/2017$1,203,000
EUROPEAN INVESTMENT BANK 1.125% 08/15/2018$1,202,172
NABORS INDUSTRIES INC 2.35% 09/15/2016$1,199,418
AMERIQUEST MORTGAGE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2005-R8 0.90885 10/25/2035$1,198,303
OCTAGON INVESTMENT PARTNERS XXI LTD 2.0882 11/14/2026$1,194,677
FFMLT TRUST 2005-FF8 0.9165% 09/25/2035$1,178,241
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$1,177,096
ANHEUSER-BUSCH INBEV FINANCE INC 2.65% 02/01/2021$1,171,597
IRWIN HOME EQUITY LOAN TRUST 2006-1 5.77% 09/25/2035$1,168,882
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$1,158,623
BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES TRUST 2007-PWR16 5.720841% 06/11/2040$1,152,347
CITIGROUP COMMERCIAL MORTGAGE TRUST 2013-375P 3.63483 05/10/2035$1,148,106
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 0.91% 07/16/2018$1,136,075
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR6 TRUST 0.6565% 04/25/2045$1,135,799
SUNTORY HOLDINGS LTD 1.65% 09/29/2017$1,132,932
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$1,129,459
MERCK & CO INC .684% 05/18/2018$1,124,058
AES CORP/VA 3.283% 06/01/2019$1,121,475
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.36% 08/17/2020$1,121,014
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$1,114,163
ACTAVIS FUNDING SCS 1.85% 03/01/2017$1,114,094
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.399% 07/25/2024$1,113,537
WELLS FARGO MORTGAGE BACKED SECURITIES 2006-13 TRUST 6 10/25/2036$1,107,534
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 2.21 05/10/2021$1,102,766
DAIMLER FINANCE NORTH AMERICA LLC 1.65% 03/02/2018$1,101,832
STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUST 2006-BC2 0.5858% 09/25/2036$1,089,955
ASHLAND INC 3.875% 04/15/2018$1,082,813
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2004-AR3 TRUST 2.470059% 06/25/2034$1,077,681
GENERAL MILLS INC 1.4% 10/20/2017$1,075,698
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$1,066,062
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$1,053,737
FORD MOTOR CREDIT CO LLC 1.118% 03/12/2019$1,046,169
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$1,037,771
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$1,035,769
BANC OF AMERICA COMMERCIAL MORTGAGE TRUST 2007-3 5.742285% 06/10/2049$1,034,907
SABINE PASS LNG LP 7.5% 11/30/2016$1,033,988
CATERPILLAR FINANCIAL SERVICES CORP 1% 03/03/2017$1,032,282
AMERIGAS PARTNERS LP / AMERIGAS FINANCE 6.25% 08/20/2019$1,027,500
DISH DBS CORP 4.625% 07/15/2017$1,026,250
GE CAPITAL UK FUNDING .722% 03/20/2017$1,021,779
HERTZ CORP/THE 6.75% 04/15/2019$1,020,055
WPX ENERGY INC 5.25% 01/15/2017$1,008,563
SHELL INTERNATIONAL FINANCE BV 0.9214% 11/10/2018$1,007,344
AP MOELLER - MAERSK A/S 2.55% 09/22/2019$1,005,577
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.585 09/25/2028$1,003,987
HYUNDAI CAPITAL AMERICA 2.5 03/18/2019$1,001,052
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$1,000,835
COMPASS BANK 1.85% 09/29/2017$995,347
ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2002-A 7.87% 05/15/2032$982,516
DAIMLER FINANCE NORTH AMERICA LLC 1.375% 08/01/2017$980,331
CDW LLC TERM LOAN 3.25% 06/30/2016$975,935
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$970,059
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.149% 05/25/2024$969,417
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2015-2 0.83 09/10/2018$968,485
MORGAN STANLEY CAPITAL I TRUST 2007-TOP25 5.544 11/12/2049$968,086
MIZUHO FINANCIAL GROUP INC 2.632 04/12/2021$956,165
THOMSON REUTERS CORP 1.65% 09/29/2017$951,791
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.799% 01/25/2024$946,370
CITIGROUP INC 1.85% 11/24/2017$943,700
DOLE FOOD CO TRANCHE B TL 4.5% 05/20/2016$922,362
REGIONS FINANCIAL CORP 2% 05/15/2018$919,201
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$917,740
MASTR ASSET BACKED SECURITIES TRUST 2004-OPT2 1.133 09/25/2034$917,498
GOLDMAN SACHS GROUP INC/THE 1.42% 11/15/2018$912,611
PNC BANK NA 1.95 03/04/2019$910,092
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 1.75% 11/02/2018$904,456
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$903,326
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C30 5.383% 12/15/2043$899,811
HSBC USA INC 1.162% 09/24/2018$898,395
SANTANDER BANK NA 2% 01/12/2018$896,742
NISSAN MOTOR ACCEPTANCE CORP 2 03/08/2019$895,581
ABBEY NATIONAL TREASURY SERVICES PLC/UNITED KINGDOM 2.5 03/14/2019$894,149
INVITATION HOMES 2015-SFR3 TRUST 1.621% 08/17/2032$891,498
GSAMP TRUST 2004-HE2 1.0158% 09/25/2034$891,407
INVITATION HOMES 2013-SFR1 TRUST 1.4% 12/17/2030$891,384
MANUFACTURERS & TRADERS TRUST CO 1.25% 01/30/2017$870,946
CONSECO FINANCIAL CORP 6.78 10/15/2027$865,270
LB COMMERCIAL MORTGAGE TRUST 2007-C3 5.90002% 07/15/2044$861,570
SEQUOIA MORTGAGE TRUST 2013-4 2.325 04/25/2043$855,594
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$845,425
VERIZON COMMUNICATIONS INC 3.65% 09/14/2018$842,908
MCGRAW HILL FINANCIAL INC 2.5% 08/15/2018$842,884
AMERICREDIT AUTOMOBILE RECEIVABLES 2016-1 1.1745% 06/10/2019$841,489
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2016-2 1.42 10/08/2019$841,380
BANK OF AMERICA CORP 1.7% 08/25/2017$832,736
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$831,160
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 2.05 03/15/2019$829,530
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$826,893
NATIONAL OILWELL VARCO INC 1.35% 12/01/2017$821,533
ACTAVIS FUNDING SCS 1.543% 03/12/2020$819,524
FORD MOTOR CREDIT CO LLC 4.25% 02/03/2017$817,169
MORGAN STANLEY 6.625% 04/01/2018$807,614
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$805,748
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$805,274
TENCENT HOLDINGS LTD 2% 05/02/2017$803,550
CREDIT SUISSE/NEW YORK NY 1.75% 01/29/2018$803,020
DISCOVER CARD EXECUTION NOTE TRUST 5.65% 03/16/2020$795,378
STATOIL ASA .771% 11/08/2018$794,470
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$793,950
BERKSHIRE HATHAWAY FINANCE CORP 1.7 03/15/2019$791,287
ELECTRICITE DE FRANCE SA 1.15% 01/20/2017$790,339
TENET HEALTHCARE CORP 6.25% 11/01/2018$790,125
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.199% 10/25/2023$787,686
ABC SUPPLY CO TERM B LOAN 3.5% 05/11/2016$780,221
QUALCOMM INC 1.4% 05/18/2018$779,708
BAT INTERNATIONAL FINANCE PLC 1.85% 06/15/2018$777,400
TOTAL CAPITAL INTERNATIONAL SA .881% 08/10/2018$775,370
SEAGATE HDD CAYMAN 3.75% 11/15/2018$772,851
JB HUNT TRANSPORT SERVICES INC 2.4% 03/15/2019$771,351
FBR SECURITIZATION TRUST 2005-2 1.1416% 09/25/2035$761,085
BANC OF AMERICA COMMERCIAL MORTGAGE TRUST 2006-6 5.421% 10/10/2045$756,367
JPMORGAN CHASE & CO 1.195% 01/25/2018$753,446
BANK OF NEW YORK MELLON CORP/THE .86% 08/01/2018$748,514
ARES XXVI CLO LTD 1.389% 04/15/2025$742,089
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$741,037
MITSUBISHI UFJ TRUST & BANKING CORP 1.6% 10/16/2017$739,822
T-MOBILE USA INC 5.25% 09/01/2018$735,300
CATERPILLAR FINANCIAL SERVICES CORP 1.25% 08/18/2017$735,024
MOBILE MINI INC 7.875% 12/01/2020$728,510
SABMILLER HOLDINGS INC 2.45% 01/15/2017$726,475
ASTORIA FINANCIAL CORP 5% 06/19/2017$711,665
MACQUARIE BANK LTD .925% 10/27/2017$708,055
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$705,670
GATX CORP 2.5% 07/30/2019$704,311
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2007-CIBC18 5.44% 06/12/2047$702,188
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$701,138
CNPC GENERAL CAPITAL LTD 1.209% 05/14/2017$700,708
KOREA EXPRESSWAY CORP 1.625% 04/28/2017$700,518
PERRIGO CO PLC 1.3% 11/08/2016$698,618
CREDIT AGRICOLE SA/LONDON 1.089% 04/15/2019$695,492
MERRILL LYNCH MORTGAGE INVESTORS TRUST S 2.165% 12/25/2034$693,501
GENERAL ELECTRIC CAPITAL CORP 6% 08/07/2019$689,614
CANADIAN NATURAL RESOURCES LTD 1.75% 01/15/2018$688,487
COLONY AMERICAN HOMES 2014-1 1.4% 05/17/2031$679,506
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.6% 11/20/2017$678,036
STRUCTURED ASSET INVESTMENT LOAN TRUST 2004-11 1.36885 01/25/2035$677,039
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$676,405
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR9 TRUST 1.0758% 07/25/2045$675,133
AIRCASTLE LTD 6.75% 04/15/2017$657,352
KROGER CO/THE 2.2% 01/15/2017$655,180
NISSAN MOTOR ACCEPTANCE CORP 1.95% 09/12/2017$654,813
AMERICAN HOMES 4 RENT 2014-SFR1 1.25% 06/17/2031$650,030
GLENCORE FUNDING LLC 1.649% 01/15/2019$648,600
NEW CENTURY HOME EQUITY LOAN TRUST 2005-3 0.9165% 07/25/2035$643,726
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2 04/12/2019$642,650
UNITEDHEALTH GROUP INC 1.9% 07/16/2018$641,557
WELLS FARGO MORTGAGE BACKED SECURITIES 2005-6 TRUST 5.75 08/25/2035$639,837
WELLS FARGO MORTGAGE BACKED SECURITIES 2005-AR10 TRUST 2.794325 06/25/2035$638,159
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$631,081
CHEVRON CORP 1.79% 11/16/2018$628,130
CNOOC FINANCE 2013 LTD 1.125% 05/09/2016$619,969
KEYBANK NA/CLEVELAND OH 2.35 03/08/2019$617,629
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$617,162
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.039% 10/01/2034$614,035
NOMURA RESECURITIZATION TRUST 2015-2R 1.02583% 04/26/2047$613,447
MIZUHO BANK LTD 1.7% 09/25/2017$610,323
MIZUHO BANK LTD 1.3% 04/16/2017$609,222
CITIGROUP INC 2.4% 02/18/2020$605,267
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2006-LDP8 5.44% 05/15/2045$603,577
HYUNDAI CAPITAL AMERICA 2% 03/19/2018$602,864
AMERICAN HONDA FINANCE CORP 1.125% 10/07/2016$601,522
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$600,016
SENECA PARK CLO LTD 1.769% 07/17/2026$599,164
PRUDENTIAL FINANCIAL INC 1.1% 08/15/2018$598,802
JOHN DEERE CAPITAL CORP 1.35% 01/16/2018$598,631
FDIC GUARANTEED NOTES TRUST 2010-S1 3.25% 04/25/2038$598,120
WELLS FARGO MORTGAGE BACKED SECURITIES 2003-H TRUST 2.739999% 09/25/2033$597,502
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.004% 06/01/2041$595,150
INDUSTRIAL & COMMERCIAL BANK OF CHINA LT 2.351% 11/13/2017$594,780
BMW US CAPITAL LLC 1.5 04/11/2019$591,497
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.5716% 05/25/2028$591,190
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$590,689
SUMITOMO MITSUI BANKING CORP 1.3% 01/10/2017$590,277
SYNCHRONY FINANCIAL 3% 08/15/2019$588,934
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-3 1.02% 09/17/2018$587,045
BAT INTERNATIONAL FINANCE PLC .796% 06/15/2018$578,824
BAXALTA INC 1.061% 06/22/2018$572,983
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$569,827
CISCO SYSTEMS INC 1.6% 02/28/2019$567,461
SYNCHRONY FINANCIAL 2.6% 01/15/2019$564,412
JOHN DEERE CAPITAL CORP 1.05% 10/11/2016$560,960
WELLS FARGO HOME EQUITY ASSET-BACKED SECURITIES 2005-2 TRUST 0.8658% 11/25/2035$558,580
BPCE SA 1.625% 02/10/2017$551,645
STRUCTURED ASSET SECURITIES CORP MORTGAGE PASS-THROUGH CTFS SER 2003-34A 2.594433% 11/25/2033$548,537
HYATT HOTEL PORTFOLIO TRUST 2015-HYT 1.677% 11/15/2029$547,800
SOUNDVIEW HOME LOAN TRUST 2006-1 0.6258% 02/25/2036$546,539
RYDER SYSTEM INC 2.5% 03/01/2017$545,136
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.649% 11/25/2023$537,651
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$518,044
FIFTH THIRD BANK/CINCINNATI OH 2.3 03/15/2019$515,555
US BANK NA/CINCINNATI OH 1.45% 01/29/2018$512,876
SEQUOIA MORTGAGE TRUST 2012-1 2.865% 01/25/2042$508,402
WELLS FARGO MORTGAGE BACKED SECURITIES 2 2.714% 09/25/2034$506,765
CAPITAL ONE FINANCIAL CORP 2.45% 04/24/2019$506,097
BAIDU INC 2.25% 11/28/2017$503,586
NBCUNIVERSAL ENTERPRISE INC .974% 04/15/2018$500,765
DRYDEN 37 SENIOR LOAN FUND 2.122% 04/15/2027$500,086
MORGAN STANLEY CAPITAL I TRUST 2007-IQ14 5.692% 04/15/2049$491,744
WHIRLPOOL CORP 1.65% 11/01/2017$491,506
CIT GROUP INC 5.25% 03/15/2018$491,031
BPCE SA .891% 06/23/2017$490,051
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2014-3 1.15% 06/10/2019$489,674
FREEPORT-MCMORAN INC 2.15% 03/01/2017$484,948
HUTCHISON WHAMPOA INTERNATIONAL 12 II LT 2% 11/08/2017$482,763
VENTAS REALTY LP 1.55% 09/26/2016$481,749
CONSECO FINANCIAL CORP 7.7 09/15/2026$477,778
GSAMP TRUST 2004-SEA2 .849% 03/25/2034$477,357
LIBERTY PROPERTY LP 6.625% 10/01/2017$475,093
EXXON MOBIL CORP 1.439 03/01/2018$474,653
AVIS BUDGET CAR RENTAL LLC / AVIS BUDGET 4.875% 11/15/2017$470,989
AMPHENOL CORP 1.55% 09/15/2017$469,956
CELGENE CORP 2.125% 08/15/2018$466,470
SYNCHRONY FINANCIAL 1.875% 08/15/2017$460,168
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.249% 03/25/2025$459,552
DUKE ENERGY CORP .664% 04/03/2017$458,182
EXXON MOBIL CORP 1.708 03/01/2019$456,381
HESS CORP 1.3% 06/15/2017$456,034
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 3.24 04/15/2021$455,127
STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUST 2006-WF1 0.7665% 02/25/2036$452,565
ELECTRICITE DE FRANCE SA .747% 01/20/2017$449,350
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$447,738
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$443,558
AUTOZONE INC 1.3% 01/13/2017$440,878
WELLS FARGO HOME EQUITY ASSET-BACKED SECURITIES 2005-3 TRUST 0.8065% 12/25/2035$440,013
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C30 5.342% 12/15/2043$436,984
PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2004-WHQ2 1.3808% 02/25/2035$435,622
BECTON DICKINSON AND CO 1.8% 12/15/2017$432,444
CAPITAL ONE BANK USA NA 1.15% 11/21/2016$430,358
SEQUOIA MORTGAGE TRUST 2013-8 2.25 06/25/2043$429,042
AUTODESK INC 1.95% 12/15/2017$427,958
STRYKER CORP 2 03/08/2019$425,876
MURPHY OIL CORP 2.5% 12/01/2017$424,066
BB&T CORP 1.6% 08/15/2017$422,059
ING BANK NV 2.3 03/22/2019$414,737
STRUCTURED ASSET MORTGAGE INVESTMENTS II TRUST 2004-AR5 1.09625 10/19/2034$410,949
TSMC GLOBAL LTD 1.625% 04/03/2018$407,796
ENBRIDGE INC .734% 06/02/2017$407,622
WEA FINANCE LLC / WESTFIELD UK & EUROPE 2.7% 09/17/2019$405,230
MCKESSON CORP 1.292% 03/10/2017$400,779
TOYOTA AUTO RECEIVABLES 2014-B OWNER TRU 1.31% 09/16/2019$400,739
PNC BANK NA 1.15% 11/01/2016$400,704
GLENCORE FUNDING LLC 2.5% 01/15/2019$400,320
THERMO FISHER SCIENTIFIC INC 1.3% 02/01/2017$400,043
THOMSON REUTERS CORP 1.3% 02/23/2017$399,540
MIZUHO BANK LTD .731% 09/25/2017$399,062
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$398,472
MEDTRONIC INC 1.5% 03/15/2018$393,350
AUTOZONE INC 1.625 04/21/2019$390,853
ACCREDITED MORTGAGE LOAN TRUST 2006-1 0.6016% 04/25/2036$387,846
EBAY INC 2.5 03/09/2018$387,204
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$381,241
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 3.52% 12/25/2065$375,665
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$374,583
PACCAR FINANCIAL CORP 1.1% 06/06/2017$370,898
GENERAL ELECTRIC CAPITAL CORP 5.5% 01/08/2020$369,180
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C1 5.484% 02/15/2040$368,250
SYNCHRONY FINANCIAL 1.53% 02/03/2020$367,758
LEHMAN ABS MANUFACTURED HOUSING CONTRACT TRUST 2001-B 5.27% 04/15/2040$367,264
FIFTH THIRD BANCORP 5.45% 01/15/2017$364,692
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$363,579
NEWELL RUBBERMAID INC 2.15% 10/15/2018$362,987
IAC/INTERACTIVECORP 4.875% 11/30/2018$361,813
HUNTINGTON NATIONAL BANK/THE 1.375% 04/24/2017$360,552
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$352,373
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$352,177
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$348,304
APPLE INC 1.7% 02/22/2019$334,648
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$331,749
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$330,377
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$329,829
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$329,790
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C33 5.953456% 02/15/2051$326,362
LLOYDS BANK PLC 2.3% 11/27/2018$324,385
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-1 1.59% 10/15/2018$322,070
BRITISH TELECOMMUNICATIONS PLC 1.625% 06/28/2016$320,373
KEYBANK NA/CLEVELAND OH 1.1% 11/25/2016$320,300
BAXALTA INC 2% 06/22/2018$319,337
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2015-3 1.07% 01/08/2019$319,083
STRUCTURED ASSET SECURITIES CORP 2005-WF1 1.0865% 02/25/2035$303,707
HUNTINGTON NATIONAL BANK/THE 1.35% 08/02/2016$300,164
HUNTINGTON NATIONAL BANK/THE .718% 04/24/2017$299,467
KINDER MORGAN INC/DE 2% 12/01/2017$297,502
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$292,417
PACCAR FINANCIAL CORP .879% 12/06/2018$290,991
ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2005-R2 1.153 04/25/2035$290,344
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$289,862
VENTAS REALTY LP 1.25% 04/17/2017$289,488
ZIMMER BIOMET HOLDINGS INC 2.7% 04/01/2020$285,282
AMERIQUEST MORTGAGE SECURITIES INC ASSET BACKED PASS-THROUGH CTFS SER 2005-R11 0.8765% 01/25/2036$282,492
SOUTHERN POWER CO 1.85% 12/01/2017$281,977
VERIZON COMMUNICATIONS INC 1.816% 09/15/2016$281,330
CARNIVAL CORP 1.875% 12/15/2017$281,320
PHILLIPS 66 2.95% 05/01/2017$275,111
COMM 2007-C9 MORTGAGE TRUST 5.65 12/10/2049$270,851
AT&T INC 5.5% 02/01/2018$267,798
HYUNDAI CAPITAL AMERICA 2.125% 10/02/2017$266,267
SYSCO CORP 1.9 04/01/2019$262,078
NATIONAL AUSTRALIA BANK LTD 1.3% 06/30/2017$260,475
NELNET STUDENT LOAN TRUST 2014-2 .479% 06/25/2021$259,424
APPLE INC 1.3% 02/23/2018$251,552
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$250,231
WESTERN DIGITAL CORP 10.5 04/01/2024$243,750
BP CAPITAL MARKETS PLC .821% 05/10/2018$237,927
CONSECO FINANCIAL CORP 6.24 12/01/2028$237,494
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C7 6.15273 09/15/2045$227,070
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2013-2 1.19% 05/08/2018$223,716
BANC OF AMERICA MORTGAGE 2004-L TRUST 2.639% 01/25/2035$222,333
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 2.31% 06/25/2058$206,538
BANK OF AMERICA CORP 3.875% 03/22/2017$204,468
WM WRIGLEY JR CO 2% 10/20/2017$202,213
ALIBABA GROUP HOLDING LTD 2.5% 11/28/2019$201,377
WM WRIGLEY JR CO 1.4% 10/21/2016$200,453
JOHNSON CONTROLS INC 1.4% 11/02/2017$199,761
PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2005-WCW 0.93885 07/25/2035$195,947
FIRST FRANKLIN MORTGAGE LOAN TRUST SERIE .639% 05/25/2036$190,879
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$189,701
TRANSALTA CORP 1.9% 06/03/2017$157,411
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-5 1.12% 12/17/2018$150,835
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$143,891
AEGIS ASSET BACKED SECURITIES TRUST 2005-1 0.9265% 03/25/2035$116,084
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.808% 10/01/2034$99,706
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.165% 09/01/2034$87,410
GOLDMAN SACHS GROUP INC/THE 2 04/25/2019$73,275
JP MORGAN MORTGAGE ACQUISITION CORP 2005-WMC1 1.06885 09/25/2035$66,268
MORGAN STANLEY ABS CAPITAL I INC TRUST 2005-HE5 1.06885 09/25/2035$62,007
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.16% 09/01/2034$56,969
BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2004-BO1 1.183 10/25/2034$22,429
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 0.81% 07/16/2018$16,232
MORGAN STANLEY ABS CAPITAL I INC TRUST 2005-HE3 1.213 07/25/2035$12,101
PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2005-WHQ1 1.183 03/25/2035$10,689
HOME EQUITY ASSET TRUST 2006-1 0.763 04/25/2036$8,784
HOME EQUITY ASSET TRUST 2005-2 1.198 07/25/2035$7,632
MASTR ASSET BACKED SECURITIES TRUST 2005-OPT1 1.033 03/25/2035$1,780
EQUIFIRST MORTGAGE LOAN TRUST 2005-1 1.063 04/25/2035$434
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$28,555,750
UNITED STATES ZERO 05/16$11,999,880
 
Other
Holding NameMarket Value
USD$134,829
CURRENCY CONTRACT$131,254
CURRENCY CONTRACT$46,309
BRITISH POUND$1,904
USD$-9,221
CURRENCY CONTRACT$-9,620
US 5YR NOTE (CBT) BOND JUN16 (FVM6) COMDTY$-10,363
CURRENCY CONTRACT$-21,284
CURRENCY CONTRACT$-35,715
US 2YR NOTE (CBT) BOND JUN16 (TUM6) COMDTY$-39,962
CURRENCY CONTRACT$-57,396
CURRENCY CONTRACT$-114,528
All Holdings As of Mar 31, 2016
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 0.75% 01/31/2018$26,845,492
UNITED STATES TREASURY NOTE/BOND .875% 01/15/2018$14,077,571
UNITED STATES TREASURY NOTE/BOND .75% 02/28/2018$11,343,096
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$10,390,087
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$10,161,175
UNITED STATES TREASURY NOTE/BOND 1.125% 01/15/2019$10,078,520
UNITED STATES TREASURY NOTE/BOND .625% 09/30/2017$9,359,384
CHASE ISSUANCE TRUST .618% 11/16/2020$9,024,637
UNITED STATES TREASURY NOTE/BOND 1 03/15/2019$8,242,388
UNITED STATES TREASURY NOTE/BOND .625% 07/31/2017$8,024,507
CNH EQUIPMENT TRUST 1.37% 07/15/2020$7,401,209
JPMORGAN CHASE & CO 3.15% 07/05/2016$7,134,880
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$7,009,191
UNITED STATES TREASURY NOTE/BOND 0.875% 11/30/2017$6,847,608
ABBVIE INC 1.8% 05/14/2018$6,536,955
KRAFT HEINZ FOODS CO 2% 07/02/2018$6,294,115
COOPERATIEVE CENTRALE RAIFFEISEN-BOERENL 2.25% 01/14/2019$6,094,320
CITIGROUP INC 2.65% 10/26/2020$6,092,365
AMERICAN EXPRESS CREDIT ACCOUNT MASTER T .568% 12/15/2021$5,982,370
SYNCHRONY CREDIT CARD MASTER NOTE TRUST .648% 03/15/2020$5,718,539
BA CREDIT CARD TRUST .578% 06/15/2021$5,599,222
DISCOVER CARD EXECUTION NOTE TRUST .648% 04/15/2021$5,569,766
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$5,509,243
HARLEY-DAVIDSON MOTORCYCLE TRUST 2014-1 1.1% 09/15/2019$5,494,792
SUNCOR ENERGY INC 6.1% 06/01/2018$5,423,744
GOLDMAN SACHS GROUP INC/THE 2.75% 09/15/2020$5,082,953
CAPITAL ONE BANK USA NA 1.2% 02/13/2017$4,891,459
CAPITAL ONE MULTI-ASSET EXECUTION TRUST .238% 07/15/2020$4,882,140
VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2014 .91% 10/22/2018$4,840,347
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$4,396,950
TRANSCANADA PIPELINES LTD 1.625% 11/09/2017$4,308,673
ANGLO AMERICAN CAPITAL PLC 2.625% 09/27/2017$4,268,000
FEDERAL HOME LOAN MORTGAGE CORP 1.125 03/16/2018$4,203,566
STANDARD CHARTERED PLC 3.2% 05/12/2016$4,110,090
MOODY'S CORP 2.75% 07/15/2019$4,106,364
MICROSOFT CORP 2% 11/03/2020$4,100,848
AT&T INC 2.45% 06/30/2020$4,057,272
BANK OF AMERICA CORP 5.65% 05/01/2018$4,027,500
HSBC FINANCE CORP .713% 06/01/2016$3,999,004
METROPOLITAN LIFE GLOBAL FUNDING I 2% 04/14/2020$3,981,920
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$3,930,353
CITIBANK CREDIT CARD ISSUANCE TRUST 1.32% 09/07/2018$3,904,538
PHILLIPS 66 PARTNERS LP 2.646% 02/15/2020$3,855,688
REGIONS BANK/BIRMINGHAM AL 2.25% 09/14/2018$3,625,909
FREDDIE MAC GOLD POOL 3% TBA$3,554,594
MORGAN STANLEY 2.45% 02/01/2019$3,554,187
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$3,518,195
INVITATION HOMES 2014-SFR1 TRUST 1.198% 06/17/2031$3,480,079
MEDTRONIC INC 2.5% 03/15/2020$3,468,573
ANTHEM INC 2.375% 02/15/2017$3,458,253
VERIZON COMMUNICATIONS INC 2.036% 09/14/2018$3,416,803
CITIBANK CREDIT CARD ISSUANCE TRUST 1.349% 01/23/2020$3,348,546
KINDER MORGAN INC/DE 3.05% 12/01/2019$3,261,495
STATE BOARD OF ADMINISTRATION FINANCE CO 2.995% 07/01/2020$3,222,281
DISCOVER CARD EXECUTION NOTE TRUST .628% 07/15/2021$3,204,663
TYSON FOODS INC 2.65% 08/15/2019$3,185,859
CVS HEALTH CORP 2.25% 12/05/2018$3,160,924
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$3,083,004
ANTHEM INC 2.3% 07/15/2018$3,035,814
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$3,023,398
AT&T INC 1.7% 06/01/2017$3,016,869
EMD FINANCE LLC 1.7% 03/19/2018$2,990,475
KOMMUNINVEST I SVERIGE AB 1.5 04/23/2019$2,937,363
REYNOLDS AMERICAN INC 2.3% 08/21/2017$2,916,421
HALLIBURTON CO 2.7% 11/15/2020$2,742,881
RIO TINTO FINANCE USA LTD 6.5% 07/15/2018$2,730,768
ACTAVIS FUNDING SCS 3% 03/12/2020$2,682,933
PORSCHE FINANCIAL AUTO SECURITIZATION TR .67% 01/23/2018$2,663,377
REYNOLDS AMERICAN INC 2.3% 06/12/2018$2,653,331
PRUDENTIAL FINANCIAL INC 6.1% 06/15/2017$2,627,628
UNITED STATES TREASURY NOTE/BOND .625% 11/30/2017$2,626,200
BANK OF AMERICA CORP 6.5% 08/01/2016$2,544,700
BANK OF ENGLAND EURO NOTE 1.25% 03/16/2018$2,514,653
CABELA'S CREDIT CARD MASTER NOTE TRUST .648% 07/15/2022$2,491,991
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$2,420,230
COLONY AMERICAN HOMES 2015-1 1.398% 07/17/2032$2,374,040
MCDONALD'S CORP 2.1% 12/07/2018$2,329,792
JP MORGAN MORTGAGE TRUST 2013-1 2.5% 03/25/2043$2,324,320
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$2,319,451
CHASE ISSUANCE TRUST 1.62 07/15/2020$2,269,548
STATOIL ASA .61% 05/15/2018$2,256,776
NCUA GUARANTEED NOTES TRUST 2010-R3 .751% 12/08/2020$2,255,224
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 5.75% 07/15/2020$2,236,191
NEWELL RUBBERMAID INC 2.6 03/29/2019$2,228,513
ENTERPRISE PRODUCTS OPERATING LLC 6.5% 01/31/2019$2,215,606
NEDERLANDSE WATERSCHAPSBANK NV 1.25% 09/18/2017$2,207,654
ASIAN DEVELOPMENT BANK .75% 07/28/2017$2,204,818
CREDIT SUISSE/NEW YORK NY 1.375% 05/26/2017$2,204,102
CABELA'S CREDIT CARD MASTER NOTE TRUST .548% 03/16/2020$2,192,641
FORD MOTOR CREDIT CO LLC 1.223% 01/09/2018$2,175,019
FEDERAL HOME LOAN MORTGAGE CORP 1.125 04/15/2019$2,169,450
INVITATION HOMES 2014-SFR2 TRUST 1.298% 09/17/2031$2,157,391
FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES 2.086 03/25/2019$2,042,765
FHLMC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFICATES 1.869 11/25/2019$2,032,206
MORGAN STANLEY 1.435% 01/27/2020$1,997,998
STATE OF ILLINOIS 5.877% 03/01/2019$1,991,900
STANDARD CHARTERED PLC 1.5% 09/08/2017$1,983,454
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$1,969,418
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2% 11/16/2018$1,924,380
BANK NEDERLANDSE GEMEENTEN NV 1% 02/12/2018$1,908,445
WESTPAC BANKING CORP 1.95% 11/23/2018$1,906,751
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.1905 09/25/2028$1,904,828
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$1,900,500
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,863,031
BOCA HOTEL PORTFOLIO TRUST 2013-BOCA 2.5755% 08/15/2026$1,844,876
DEVON ENERGY CORP 2.25% 12/15/2018$1,842,559
HSBC BANK PLC .961% 05/15/2018$1,830,853
CAREFREE PORTFOLIO TRUST 2014-CARE 1.746% 11/15/2019$1,814,880
BECTON DICKINSON AND CO 1.45% 05/15/2017$1,803,377
CAPITAL ONE MULTI-ASSET EXECUTION TRUST .578% 01/18/2022$1,798,551
GSAMP TRUST 2005-HE3 1.4408% 06/25/2035$1,794,610
CITIGROUP COMMERCIAL MORTGAGE TRUST 2014-388G 1.1755% 06/15/2033$1,791,597
UBS GROUP FUNDING JERSEY LTD 3 04/15/2021$1,791,204
TRADE MAPS 1 LTD .892% 12/10/2018$1,788,744
AMGEN INC 1.25% 05/22/2017$1,743,910
FORD MOTOR CREDIT CO LLC 3.336 03/18/2021$1,709,128
ABBEY NATIONAL TREASURY SERVICES PLC/LON 1.65% 09/29/2017$1,701,316
AMERICAN INTERNATIONAL GROUP INC 3.3% 03/01/2021$1,677,554
UBS AG/STAMFORD CT 1.8% 03/26/2018$1,605,874
FMS WERTMANAGEMENT AOER 1.125% 09/05/2017$1,604,722
METROPOLITAN LIFE GLOBAL FUNDING I .819% 07/15/2016$1,602,128
ALLY MASTER OWNER TRUST .648% 04/15/2018$1,600,016
CD 2007-CD5 MORTGAGE TRUST 6.32326% 11/15/2044$1,581,259
TAL ADVANTAGE V LLC 1.7% 05/20/2039$1,578,493
STANDARD CHARTERED BANK 6.4% 09/26/2017$1,578,048
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.438% 01/15/2032$1,577,538
WELLS FARGO BANK NA 1.65% 01/22/2018$1,572,148
GENERAL ELECTRIC CAPITAL CORP .936% 07/12/2016$1,559,826
JPMORGAN CHASE & CO 1.35% 02/15/2017$1,543,587
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$1,541,344
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,530,485
BB&T CORP .96% 02/01/2019$1,523,234
TREMAN PARK CLO LTD 2.1238% 04/20/2027$1,520,065
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 0.91% 07/16/2018$1,518,949
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 5.794% 02/12/2051$1,515,324
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.25% 05/23/2017$1,509,808
GLOBAL SC FINANCE II SRL 3.19% 07/17/2029$1,508,078
ING BANK NV 2% 11/26/2018$1,494,865
CHASE ISSUANCE TRUST .448% 04/15/2019$1,494,499
FORD MOTOR CREDIT CO LLC 1.724% 12/06/2017$1,493,523
BANK OF AMERICA CORP 1.351% 03/22/2018$1,483,019
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-5 1.15% 01/15/2019$1,464,576
ABBVIE INC 1.75% 11/06/2017$1,457,279
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.141% 07/01/2041$1,447,918
CREDIT SUISSE COMMERCIAL MORTGAGE TRUST SERIES 2007-C4 6.146442% 09/15/2039$1,441,572
HILTON USA TRUST 2013-HLT 2.6621% 11/05/2030$1,437,903
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C2 5.43% 02/15/2040$1,429,178
CAISSE D'AMORTISSEMENT DE LA DETTE SOCIA 1.25% 03/12/2018$1,413,906
NOMURA ASSET ACCEPTANCE CORP ALTERNATIVE LOAN TRUST SERIES 2004-AR4 1.033 12/25/2034$1,413,776
HSBC USA INC 1.7% 03/05/2018$1,407,077
AMERICAN EXPRESS CO .919% 05/22/2018$1,401,114
ENSCO PLC 4.7% 03/15/2021$1,398,240
BP CAPITAL MARKETS PLC 1.674% 02/13/2018$1,362,009
SUNTRUST BANK/ATLANTA GA 5.2% 01/17/2017$1,359,838
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-1 1.41% 07/15/2019$1,349,740
CHEVRON CORP 1.344% 11/09/2017$1,347,960
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,344,896
ENERGY TRANSFER PARTNERS LP 2.5% 06/15/2018$1,342,309
TOYOTA MOTOR CREDIT CORP 1.55% 07/13/2018$1,332,209
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2004-AR1 TRUST 2.449685% 03/25/2034$1,322,669
CONSECO FINANCIAL CORP 6.53% 04/01/2030$1,315,793
QUALCOMM INC 1.4% 05/18/2018$1,312,008
INTERNATIONAL LEASE FINANCE CORP 2.236% 06/15/2016$1,296,272
CITIZENS BANK NA/PROVIDENCE RI 1.6% 12/04/2017$1,293,526
COMMERCIAL MORTGAGE TRUST 2007-GG9 5.444% 03/10/2039$1,289,643
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR13 TRUST 0.7258% 10/25/2045$1,287,067
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2014-3 3.13 10/08/2020$1,283,648
HILTON USA TRUST 2013-HLF 1.19% 11/05/2030$1,274,590
KRAFT HEINZ FOODS CO 1.6% 06/30/2017$1,274,475
MACQUARIE BANK LTD 1.6% 10/27/2017$1,255,608
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$1,243,920
JOHN DEERE CAPITAL CORP 1.125% 06/12/2017$1,242,199
MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES 2006-FF1 0.6465% 08/25/2036$1,238,167
ARAMARK CORP US TLE 3.25% 06/30/2016$1,222,194
BNZ INTERNATIONAL FUNDING LTD/LONDON 1.9% 02/26/2018$1,202,681
NATIONWIDE BUILDING SOCIETY 2.35% 01/21/2020$1,201,301
COLONY AMERICAN HOMES 2014-2 1.137% 07/17/2031$1,200,089
FFMLT TRUST 2005-FF8 0.9165% 09/25/2035$1,200,030
EUROPEAN INVESTMENT BANK 1.125% 08/15/2018$1,199,764
ALLY FINANCIAL INC 3.25% 09/29/2017$1,195,500
NABORS INDUSTRIES INC 2.35% 09/15/2016$1,195,453
OCTAGON INVESTMENT PARTNERS XXI LTD 2.0882 11/14/2026$1,190,999
IRWIN HOME EQUITY LOAN TRUST 2006-1 5.77% 09/25/2035$1,181,289
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$1,177,049
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$1,174,535
ANHEUSER-BUSCH INBEV FINANCE INC 2.65% 02/01/2021$1,172,230
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$1,169,150
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$1,157,759
BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES TRUST 2007-PWR16 5.720841% 06/11/2040$1,153,765
ABBEY NATIONAL TREASURY SERVICES PLC/UNITED KINGDOM 2.5 03/14/2019$1,151,352
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.399% 07/25/2024$1,150,650
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR6 TRUST 0.6565% 04/25/2045$1,139,271
WELLS FARGO MORTGAGE BACKED SECURITIES 2006-13 TRUST 6 10/25/2036$1,134,803
SUNTORY HOLDINGS LTD 1.65% 09/29/2017$1,132,008
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$1,126,181
MERCK & CO INC .684% 05/18/2018$1,123,223
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.36% 08/17/2020$1,119,504
ACTAVIS FUNDING SCS 1.85% 03/01/2017$1,115,588
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$1,103,979
AES CORP/VA 3.283% 06/01/2019$1,102,950
DAIMLER FINANCE NORTH AMERICA LLC 1.65% 03/02/2018$1,101,628
STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUST 2006-BC2 0.5858% 09/25/2036$1,101,216
ASHLAND INC 3.875% 04/15/2018$1,089,375
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2004-AR3 TRUST 2.470059% 06/25/2034$1,089,178
CREDIT AGRICOLE SA/LONDON 1.449% 04/15/2016$1,080,464
GENERAL MILLS INC 1.4% 10/20/2017$1,076,614
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$1,062,770
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$1,049,201
SABINE PASS LNG LP 7.5% 11/30/2016$1,039,921
GSAMP TRUST 2004-HE2 1.0158% 09/25/2034$1,039,228
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$1,035,934
BANC OF AMERICA COMMERCIAL MORTGAGE TRUST 2007-3 5.742285% 06/10/2049$1,034,518
FORD MOTOR CREDIT CO LLC 1.118% 03/12/2019$1,034,397
CATERPILLAR FINANCIAL SERVICES CORP 1% 03/03/2017$1,031,479
AMERIGAS PARTNERS LP / AMERIGAS FINANCE 6.25% 08/20/2019$1,025,000
DISH DBS CORP 4.625% 07/15/2017$1,022,500
ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2002-A 7.87% 05/15/2032$1,017,641
HERTZ CORP/THE 6.75% 04/15/2019$1,016,990
GE CAPITAL UK FUNDING .722% 03/20/2017$1,003,450
SHELL INTERNATIONAL FINANCE BV 0.9214% 11/10/2018$1,002,223
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.585 09/25/2028$1,001,729
COMPASS BANK 1.85% 09/29/2017$1,001,679
HYUNDAI CAPITAL AMERICA 2.5 03/18/2019$998,411
ROYAL BANK OF SCOTLAND GROUP PLC 1.875% 03/31/2017$998,262
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$997,269
AP MOELLER - MAERSK A/S 2.55% 09/22/2019$991,215
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.149% 05/25/2024$984,028
DAIMLER FINANCE NORTH AMERICA LLC 1.375% 08/01/2017$982,878
WPX ENERGY INC 5.25% 01/15/2017$980,100
CDW LLC TERM LOAN 3.25% 06/30/2016$973,590
MORGAN STANLEY CAPITAL I TRUST 2007-TOP25 5.544 11/12/2049$969,608
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$966,949
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.799% 01/25/2024$966,264
THOMSON REUTERS CORP 1.65% 09/29/2017$951,525
CITIGROUP INC 1.85% 11/24/2017$942,502
DOLE FOOD CO TRANCHE B TL 4.5% 04/22/2016$919,496
REGIONS FINANCIAL CORP 2% 05/15/2018$914,627
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$912,605
GOLDMAN SACHS GROUP INC/THE 1.42% 11/15/2018$910,258
PNC BANK NA 1.95 03/04/2019$908,852
MASTR ASSET BACKED SECURITIES TRUST 2004-OPT2 1.133 09/25/2034$906,357
CONSECO FINANCIAL CORP 6.78 10/15/2027$902,779
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 1.75% 11/02/2018$901,676
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$898,539
NISSAN MOTOR ACCEPTANCE CORP 2 03/08/2019$897,423
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C30 5.383% 12/15/2043$896,158
HSBC USA INC 1.162% 09/24/2018$896,017
AMERIQUEST MORTGAGE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2005-R7 0.9358% 09/25/2035$895,014
SANTANDER BANK NA 2% 01/12/2018$892,701
INVITATION HOMES 2013-SFR1 TRUST 1.4% 12/17/2030$892,498
INVITATION HOMES 2015-SFR3 TRUST 1.621% 08/17/2032$876,188
MANUFACTURERS & TRADERS TRUST CO 1.25% 01/30/2017$870,332
LB COMMERCIAL MORTGAGE TRUST 2007-C3 5.90002% 07/15/2044$858,416
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$842,722
VERIZON COMMUNICATIONS INC 3.65% 09/14/2018$842,146
AMERICREDIT AUTOMOBILE RECEIVABLES 2016-1 1.1745% 06/10/2019$840,665
MCGRAW HILL FINANCIAL INC 2.5% 08/15/2018$838,494
BANK OF AMERICA CORP 1.7% 08/25/2017$831,402
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$831,187
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 2.05 03/15/2019$829,633
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$822,736
FORD MOTOR CREDIT CO LLC 4.25% 02/03/2017$818,017
ACTAVIS FUNDING SCS 1.543% 03/12/2020$817,516
NATIONAL OILWELL VARCO INC 1.35% 12/01/2017$812,241
MORGAN STANLEY 6.625% 04/01/2018$808,856
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.199% 10/25/2023$808,215
TENCENT HOLDINGS LTD 2% 05/02/2017$804,334
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$802,724
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$802,701
CREDIT SUISSE/NEW YORK NY 1.75% 01/29/2018$801,636
DISCOVER CARD EXECUTION NOTE TRUST 5.65% 03/16/2020$798,297
BERKSHIRE HATHAWAY FINANCE CORP 1.7 03/15/2019$791,164
STATOIL ASA .771% 11/08/2018$790,759
ELECTRICITE DE FRANCE SA 1.15% 01/20/2017$788,399
TENET HEALTHCARE CORP 6.25% 11/01/2018$786,450
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$786,445
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$781,440
ABC SUPPLY CO TERM B LOAN 3.5% 04/11/2016$778,083
FBR SECURITIZATION TRUST 2005-2 1.1416% 09/25/2035$777,457
SEAGATE HDD CAYMAN 3.75% 11/15/2018$777,056
BAT INTERNATIONAL FINANCE PLC 1.85% 06/15/2018$776,543
TOTAL CAPITAL INTERNATIONAL SA .881% 08/10/2018$773,485
JB HUNT TRANSPORT SERVICES INC 2.4% 03/15/2019$772,377
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$757,170
JPMORGAN CHASE & CO 1.195% 01/25/2018$752,520
BANK OF NEW YORK MELLON CORP/THE .86% 08/01/2018$748,461
ARES XXVI CLO LTD 1.389% 04/15/2025$740,904
T-MOBILE USA INC 5.25% 09/01/2018$739,800
MITSUBISHI UFJ TRUST & BANKING CORP 1.6% 10/16/2017$734,890
CATERPILLAR FINANCIAL SERVICES CORP 1.25% 08/18/2017$732,427
SABMILLER HOLDINGS INC 2.45% 01/15/2017$726,687
MOBILE MINI INC 7.875% 12/01/2020$726,250
ASTORIA FINANCIAL CORP 5% 06/19/2017$712,217
MACQUARIE BANK LTD .925% 10/27/2017$707,295
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$706,482
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2007-CIBC18 5.44% 06/12/2047$703,532
KOREA EXPRESSWAY CORP 1.625% 04/28/2017$701,442
CNPC GENERAL CAPITAL LTD 1.209% 05/14/2017$700,262
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$699,313
PERRIGO CO PLC 1.3% 11/08/2016$696,826
MERRILL LYNCH MORTGAGE INVESTORS TRUST S 2.165% 12/25/2034$695,786
GATX CORP 2.5% 07/30/2019$695,334
CREDIT AGRICOLE SA/LONDON 1.089% 04/15/2019$692,887
GENERAL ELECTRIC CAPITAL CORP 6% 08/07/2019$692,045
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR9 TRUST 1.0758% 07/25/2045$685,724
CANADIAN NATURAL RESOURCES LTD 1.75% 01/15/2018$682,868
COLONY AMERICAN HOMES 2014-1 1.4% 05/17/2031$675,219
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$674,667
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.6% 11/20/2017$673,129
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$670,231
AIRCASTLE LTD 6.75% 04/15/2017$665,956
SOUNDVIEW HOME LOAN TRUST 2006-1 0.6258% 02/25/2036$655,554
KROGER CO/THE 2.2% 01/15/2017$654,997
NISSAN MOTOR ACCEPTANCE CORP 1.95% 09/12/2017$652,588
WELLS FARGO MORTGAGE BACKED SECURITIES 2005-6 TRUST 5.75 08/25/2035$650,409
AMERICAN HOMES 4 RENT 2014-SFR1 1.25% 06/17/2031$646,437
UNITEDHEALTH GROUP INC 1.9% 07/16/2018$640,069
NEW CENTURY HOME EQUITY LOAN TRUST 2005-3 0.9165% 07/25/2035$636,553
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$634,285
SINOPEC CAPITAL 2013 LTD 1.25% 04/24/2016$629,917
CHEVRON CORP 1.79% 11/16/2018$627,722
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.039% 10/01/2034$624,859
NOMURA RESECURITIZATION TRUST 2015-2R 1.02583% 04/26/2047$624,750
CNOOC FINANCE 2013 LTD 1.125% 05/09/2016$619,877
KEYBANK NA/CLEVELAND OH 2.35 03/08/2019$615,788
FDIC GUARANTEED NOTES TRUST 2010-S1 3.25% 04/25/2038$613,496
GLENCORE FUNDING LLC 1.649% 01/15/2019$610,650
MIZUHO BANK LTD 1.7% 09/25/2017$609,657
MIZUHO BANK LTD 1.3% 04/16/2017$608,839
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2006-LDP8 5.44% 05/15/2045$605,140
HYUNDAI CAPITAL AMERICA 2% 03/19/2018$604,528
CITIGROUP INC 2.4% 02/18/2020$602,849
AMERICAN HONDA FINANCE CORP 1.125% 10/07/2016$601,323
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$600,836
WELLS FARGO MORTGAGE BACKED SECURITIES 2003-H TRUST 2.739999% 09/25/2033$599,875
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.004% 06/01/2041$598,847
PRUDENTIAL FINANCIAL INC 1.1% 08/15/2018$598,760
SENECA PARK CLO LTD 1.769% 07/17/2026$597,488
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.5716% 05/25/2028$597,141
JOHN DEERE CAPITAL CORP 1.35% 01/16/2018$596,515
INDUSTRIAL & COMMERCIAL BANK OF CHINA LT 2.351% 11/13/2017$595,266
WELLS FARGO HOME EQUITY ASSET-BACKED SECURITIES 2005-2 TRUST 0.8658% 11/25/2035$594,979
FREEPORT-MCMORAN INC 2.3% 11/14/2017$593,600
SUMITOMO MITSUI BANKING CORP 1.3% 01/10/2017$590,490
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$590,116
SYNCHRONY FINANCIAL 3% 08/15/2019$589,654
BAT INTERNATIONAL FINANCE PLC .796% 06/15/2018$576,200
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$569,003
BAXALTA INC 1.061% 06/22/2018$568,545
CISCO SYSTEMS INC 1.6% 02/28/2019$568,328
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.649% 11/25/2023$563,149
SYNCHRONY FINANCIAL 2.6% 01/15/2019$561,560
JOHN DEERE CAPITAL CORP 1.05% 10/11/2016$560,769
BPCE SA 1.625% 02/10/2017$550,389
STRUCTURED ASSET SECURITIES CORP MORTGAGE PASS-THROUGH CTFS SER 2003-34A 2.594433% 11/25/2033$550,302
HYATT HOTEL PORTFOLIO TRUST 2015-HYT 1.677% 11/15/2029$545,526
RYDER SYSTEM INC 2.5% 03/01/2017$545,398
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.249% 03/25/2025$532,365
SEQUOIA MORTGAGE TRUST 2012-1 2.865% 01/25/2042$520,967
WELLS FARGO MORTGAGE BACKED SECURITIES 2 2.714% 09/25/2034$518,455
FIFTH THIRD BANK/CINCINNATI OH 2.3 03/15/2019$514,822
US BANK NA/CINCINNATI OH 1.45% 01/29/2018$513,259
CAPITAL ONE FINANCIAL CORP 2.45% 04/24/2019$505,672
WELLS FARGO HOME EQUITY ASSET-BACKED SECURITIES 2005-3 TRUST 0.8065% 12/25/2035$504,733
BAIDU INC 2.25% 11/28/2017$503,924
NBCUNIVERSAL ENTERPRISE INC .974% 04/15/2018$499,421
BANC OF AMERICA COMMERCIAL MORTGAGE TRUST 2006-6 5.421% 10/10/2045$499,112
DRYDEN 37 SENIOR LOAN FUND 2.122% 04/15/2027$497,390
GSAMP TRUST 2004-SEA2 .849% 03/25/2034$496,083
CIT GROUP INC 5.25% 03/15/2018$492,575
MORGAN STANLEY CAPITAL I TRUST 2007-IQ14 5.692% 04/15/2049$491,660
WHIRLPOOL CORP 1.65% 11/01/2017$491,067
CONSECO FINANCIAL CORP 7.7 09/15/2026$490,576
BPCE SA .891% 06/23/2017$490,172
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2014-3 1.15% 06/10/2019$489,599
HUTCHISON WHAMPOA INTERNATIONAL 12 II LT 2% 11/08/2017$482,832
VENTAS REALTY LP 1.55% 09/26/2016$481,578
LIBERTY PROPERTY LP 6.625% 10/01/2017$476,013
EXXON MOBIL CORP 1.439 03/01/2018$473,488
AVIS BUDGET CAR RENTAL LLC / AVIS BUDGET 4.875% 11/15/2017$471,394
FREEPORT-MCMORAN INC 2.15% 03/01/2017$470,400
AMPHENOL CORP 1.55% 09/15/2017$469,342
PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2004-WHQ2 1.3808% 02/25/2035$466,294
CELGENE CORP 2.125% 08/15/2018$465,477
SYNCHRONY FINANCIAL 1.875% 08/15/2017$458,730
DUKE ENERGY CORP .664% 04/03/2017$456,984
EXXON MOBIL CORP 1.708 03/01/2019$456,131
HESS CORP 1.3% 06/15/2017$454,713
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$450,425
ELECTRICITE DE FRANCE SA .747% 01/20/2017$449,221
STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUST 2006-WF1 0.7665% 02/25/2036$446,625
AUTOZONE INC 1.3% 01/13/2017$441,515
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$440,987
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C30 5.342% 12/15/2043$437,143
BECTON DICKINSON AND CO 1.8% 12/15/2017$431,987
CAPITAL ONE BANK USA NA 1.15% 11/21/2016$430,096
AUTODESK INC 1.95% 12/15/2017$428,063
STRYKER CORP 2 03/08/2019$424,786
ACCREDITED MORTGAGE LOAN TRUST 2006-1 0.6016% 04/25/2036$422,198
BB&T CORP 1.6% 08/15/2017$420,659
ING BANK NV 2.3 03/22/2019$414,662
TSMC GLOBAL LTD 1.625% 04/03/2018$407,862
MURPHY OIL CORP 2.5% 12/01/2017$403,297
WEA FINANCE LLC / WESTFIELD UK & EUROPE 2.7% 09/17/2019$403,041
ENBRIDGE INC .734% 06/02/2017$402,639
TOYOTA AUTO RECEIVABLES 2014-B OWNER TRU 1.31% 09/16/2019$400,895
MCKESSON CORP 1.292% 03/10/2017$400,820
PNC BANK NA 1.15% 11/01/2016$400,543
MIZUHO BANK LTD .731% 09/25/2017$400,415
THERMO FISHER SCIENTIFIC INC 1.3% 02/01/2017$399,819
THOMSON REUTERS CORP 1.3% 02/23/2017$399,374
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$395,306
MEDTRONIC INC 1.5% 03/15/2018$393,471
EBAY INC 2.5 03/09/2018$386,345
GLENCORE FUNDING LLC 2.5% 01/15/2019$383,640
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-1 1.59% 10/15/2018$380,890
LEHMAN ABS MANUFACTURED HOUSING CONTRACT TRUST 2001-B 5.27% 04/15/2040$379,128
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$378,095
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 3.52% 12/25/2065$376,453
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$373,309
PACCAR FINANCIAL CORP 1.1% 06/06/2017$370,712
GENERAL ELECTRIC CAPITAL CORP 5.5% 01/08/2020$370,691
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C1 5.484% 02/15/2040$369,595
SYNCHRONY FINANCIAL 1.53% 02/03/2020$367,523
FIFTH THIRD BANCORP 5.45% 01/15/2017$364,564
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$364,113
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$363,817
IAC/INTERACTIVECORP 4.875% 11/30/2018$360,500
NEWELL RUBBERMAID INC 2.15% 10/15/2018$360,224
HUNTINGTON NATIONAL BANK/THE 1.375% 04/24/2017$359,515
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2015-3 1.07% 01/08/2019$357,467
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$352,197
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$350,420
ANGLO AMERICAN CAPITAL PLC 1.239% 04/15/2016$348,746
APPLE INC 1.7% 02/22/2019$335,072
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$330,864
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$330,152
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$329,737
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$328,862
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C33 5.953456% 02/15/2051$325,730
LLOYDS BANK PLC 2.3% 11/27/2018$322,737
BRITISH TELECOMMUNICATIONS PLC 1.625% 06/28/2016$320,419
KEYBANK NA/CLEVELAND OH 1.1% 11/25/2016$320,237
BAXALTA INC 2% 06/22/2018$317,594
WELLS FARGO MORTGAGE BACKED SECURITIES 2005-AR10 TRUST 2.794325 06/25/2035$305,170
STRUCTURED ASSET SECURITIES CORP 2005-WF1 1.0865% 02/25/2035$302,861
HUNTINGTON NATIONAL BANK/THE 1.35% 08/02/2016$300,319
ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2005-R2 1.153 04/25/2035$299,383
HUNTINGTON NATIONAL BANK/THE .718% 04/24/2017$299,053
KINDER MORGAN INC/DE 2% 12/01/2017$296,905
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2013-2 1.19% 05/08/2018$294,097
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$291,788
PACCAR FINANCIAL CORP .879% 12/06/2018$290,736
VENTAS REALTY LP 1.25% 04/17/2017$288,868
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$288,556
NELNET STUDENT LOAN TRUST 2014-2 .479% 06/25/2021$286,206
ZIMMER BIOMET HOLDINGS INC 2.7% 04/01/2020$284,188
SOUTHERN POWER CO 1.85% 12/01/2017$282,168
VERIZON COMMUNICATIONS INC 1.816% 09/15/2016$281,536
CARNIVAL CORP 1.875% 12/15/2017$280,986
AMERIQUEST MORTGAGE SECURITIES INC ASSET BACKED PASS-THROUGH CTFS SER 2005-R11 0.8765% 01/25/2036$279,926
PHILLIPS 66 2.95% 05/01/2017$275,049
COMM 2007-C9 MORTGAGE TRUST 5.65 12/10/2049$270,639
AT&T INC 5.5% 02/01/2018$267,961
HYUNDAI CAPITAL AMERICA 2.125% 10/02/2017$265,760
SYSCO CORP 1.9 04/01/2019$261,782
NATIONAL AUSTRALIA BANK LTD 1.3% 06/30/2017$260,072
APPLE INC 1.3% 02/23/2018$252,009
WESTERN DIGITAL CORP 10.5 04/01/2024$251,250
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$250,224
BANC OF AMERICA MORTGAGE 2004-L TRUST 2.639% 01/25/2035$247,718
BP CAPITAL MARKETS PLC .821% 05/10/2018$237,063
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C7 6.15273 09/15/2045$227,158
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 2.31% 06/25/2058$206,310
BANK OF AMERICA CORP 3.875% 03/22/2017$204,677
ALIBABA GROUP HOLDING LTD 2.5% 11/28/2019$202,220
WM WRIGLEY JR CO 2% 10/20/2017$200,902
WM WRIGLEY JR CO 1.4% 10/21/2016$200,445
JOHNSON CONTROLS INC 1.4% 11/02/2017$199,831
FIRST FRANKLIN MORTGAGE LOAN TRUST SERIE .639% 05/25/2036$189,320
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$188,593
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$174,888
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-5 1.12% 12/17/2018$174,784
UNITED STATES TREASURY NOTE/BOND .75% 10/31/2017$160,078
TRANSALTA CORP 1.9% 06/03/2017$154,574
AEGIS ASSET BACKED SECURITIES TRUST 2005-1 0.9265% 03/25/2035$121,327
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-3 1.02% 09/17/2018$104,095
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.808% 10/01/2034$102,339
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.165% 09/01/2034$95,119
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.16% 09/01/2034$58,680
FORD CREDIT AUTO OWNER TRUST 2013-A .55% 07/15/2017$39,602
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 0.81% 07/16/2018$34,608
BEAR STEARNS ASSET BACKED SECURITIES I TRUST 2004-BO1 1.183 10/25/2034$25,778
MORGAN STANLEY ABS CAPITAL I INC TRUST 2005-HE3 1.213 07/25/2035$15,642
PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2005-WHQ1 1.183 03/25/2035$12,028
HOME EQUITY ASSET TRUST 2006-1 0.763 04/25/2036$9,728
HOME EQUITY ASSET TRUST 2005-2 1.198 07/25/2035$8,258
MASTR ASSET BACKED SECURITIES TRUST 2005-OPT1 1.033 03/25/2035$3,574
EQUIFIRST MORTGAGE LOAN TRUST 2005-1 1.063 04/25/2035$434
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$39,154,626
UNITED STATES ZERO 04/16$6,069,891
 
Other
Holding NameMarket Value
USD$116,141
USD$60,317
CURRENCY CONTRACT$35,607
BRITISH POUND$1,872
CURRENCY CONTRACT$625
CURRENCY CONTRACT$-10,582
CURRENCY CONTRACT$-13,288
US 2YR NOTE (CBT) BOND JUN16 (TUM6) COMDTY$-18,337
CURRENCY CONTRACT$-21,829
US 5YR NOTE (CBT) BOND JUN16 (FVM6) COMDTY$-29,863
CURRENCY CONTRACT$-144,951
All Holdings As of Feb 29, 2016
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 0.75% 01/31/2018$29,978,910
UNITED STATES TREASURY NOTE/BOND .875% 01/15/2018$14,060,835
UNITED STATES TREASURY NOTE/BOND 0.25% 05/15/2016$11,798,065
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$10,379,178
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$10,153,672
UNITED STATES TREASURY NOTE/BOND 1.125% 01/15/2019$10,063,280
UNITED STATES TREASURY NOTE/BOND .75% 02/28/2018$10,026,771
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$9,673,386
UNITED STATES TREASURY NOTE/BOND .625% 09/30/2017$9,348,590
CHASE ISSUANCE TRUST .618% 11/16/2020$9,010,121
UNITED STATES TREASURY NOTE/BOND .625% 07/31/2017$8,016,510
CNH EQUIPMENT TRUST 1.37% 07/15/2020$7,393,368
JPMORGAN CHASE & CO 3.15% 07/05/2016$7,145,146
UNITED STATES TREASURY NOTE/BOND 0.875% 11/30/2017$6,841,208
ABBVIE INC 1.8% 05/14/2018$6,475,183
KRAFT HEINZ FOODS CO 2% 07/02/2018$6,229,248
COOPERATIEVE CENTRALE RAIFFEISEN-BOERENL 2.25% 01/14/2019$6,043,458
CITIGROUP INC 2.65% 10/26/2020$6,017,629
AMERICAN EXPRESS CREDIT ACCOUNT MASTER T .568% 12/15/2021$5,987,649
SYNCHRONY CREDIT CARD MASTER NOTE TRUST .648% 03/15/2020$5,715,045
BA CREDIT CARD TRUST .578% 06/15/2021$5,595,973
DISCOVER CARD EXECUTION NOTE TRUST .648% 04/15/2021$5,568,062
HARLEY-DAVIDSON MOTORCYCLE TRUST 2014-1 1.1% 09/15/2019$5,494,178
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$5,419,679
SUNCOR ENERGY INC 6.1% 06/01/2018$5,235,392
VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2014 .91% 10/22/2018$5,138,361
UNITED STATES TREASURY NOTE/BOND .875% 04/30/2017$5,009,275
GOLDMAN SACHS GROUP INC/THE 2.75% 09/15/2020$4,999,174
CAPITAL ONE BANK USA NA 1.2% 02/13/2017$4,884,614
CAPITAL ONE MULTI-ASSET EXECUTION TRUST .238% 07/15/2020$4,879,661
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$4,329,734
ANGLO AMERICAN CAPITAL PLC 2.625% 09/27/2017$4,240,500
TRANSCANADA PIPELINES LTD 1.625% 11/09/2017$4,225,064
STANDARD CHARTERED PLC 3.2% 05/12/2016$4,117,626
MOODY'S CORP 2.75% 07/15/2019$4,079,656
MICROSOFT CORP 2% 11/03/2020$4,070,812
BANK OF AMERICA CORP 5.65% 05/01/2018$4,005,293
HSBC FINANCE CORP .713% 06/01/2016$3,998,196
AT&T INC 2.45% 06/30/2020$3,978,908
METROPOLITAN LIFE GLOBAL FUNDING I 2% 04/14/2020$3,938,028
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1% 02/26/2019$3,916,586
CITIBANK CREDIT CARD ISSUANCE TRUST 1.32% 09/07/2018$3,905,521
PHILLIPS 66 PARTNERS LP 2.646% 02/15/2020$3,715,668
REGIONS BANK/BIRMINGHAM AL 2.25% 09/14/2018$3,616,329
FREDDIE MAC GOLD POOL 3% TBA$3,541,999
MORGAN STANLEY 2.45% 02/01/2019$3,519,331
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$3,514,624
INVITATION HOMES 2014-SFR1 TRUST 1.198% 06/17/2031$3,475,625
ANTHEM INC 2.375% 02/15/2017$3,456,411
MEDTRONIC INC 2.5% 03/15/2020$3,438,524
VERIZON COMMUNICATIONS INC 2.036% 09/14/2018$3,390,261
CITIBANK CREDIT CARD ISSUANCE TRUST 1.349% 01/23/2020$3,349,162
STATE BOARD OF ADMINISTRATION FINANCE CO 2.995% 07/01/2020$3,223,531
DISCOVER CARD EXECUTION NOTE TRUST .628% 07/15/2021$3,197,043
PORSCHE FINANCIAL AUTO SECURITIZATION TR .67% 01/23/2018$3,166,927
TYSON FOODS INC 2.65% 08/15/2019$3,148,198
BARRICK NORTH AMERICA FINANCE LLC 6.8% 09/15/2018$3,132,495
CVS HEALTH CORP 2.25% 12/05/2018$3,117,952
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$3,087,697
KINDER MORGAN INC/DE 3.05% 12/01/2019$3,034,800
ANTHEM INC 2.3% 07/15/2018$3,017,832
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$3,012,701
AT&T INC 1.7% 06/01/2017$3,010,881
EMD FINANCE LLC 1.7% 03/19/2018$2,982,966
REYNOLDS AMERICAN INC 2.3% 08/21/2017$2,899,513
RIO TINTO FINANCE USA LTD 6.5% 07/15/2018$2,671,160
HALLIBURTON CO 2.7% 11/15/2020$2,652,359
ACTAVIS FUNDING SCS 3% 03/12/2020$2,652,069
REYNOLDS AMERICAN INC 2.3% 06/12/2018$2,629,245
PRUDENTIAL FINANCIAL INC 6.1% 06/15/2017$2,627,918
UNITED STATES TREASURY NOTE/BOND .625% 11/30/2017$2,622,604
QUALCOMM INC 1.4% 05/18/2018$2,604,190
BANK OF AMERICA CORP 6.5% 08/01/2016$2,554,560
BANK OF ENGLAND EURO NOTE 1.25% 03/16/2018$2,511,855
CABELA'S CREDIT CARD MASTER NOTE TRUST .648% 07/15/2022$2,502,998
JP MORGAN MORTGAGE TRUST 2013-1 2.5% 03/25/2043$2,387,037
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$2,383,873
COLONY AMERICAN HOMES 2015-1 1.398% 07/17/2032$2,350,880
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$2,322,113
MCDONALD'S CORP 2.1% 12/07/2018$2,312,410
NCUA GUARANTEED NOTES TRUST 2010-R3 .751% 12/08/2020$2,303,729
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 5.75% 07/15/2020$2,244,485
STATOIL ASA .61% 05/15/2018$2,244,247
NEDERLANDSE WATERSCHAPSBANK NV 1.25% 09/18/2017$2,207,715
ASIAN DEVELOPMENT BANK .75% 07/28/2017$2,205,461
CREDIT SUISSE/NEW YORK NY 1.375% 05/26/2017$2,195,076
CABELA'S CREDIT CARD MASTER NOTE TRUST .548% 03/16/2020$2,191,138
FORD MOTOR CREDIT CO LLC 1.223% 01/09/2018$2,174,759
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.399% 07/25/2024$2,173,489
ENTERPRISE PRODUCTS OPERATING LLC 6.5% 01/31/2019$2,169,697
INVITATION HOMES 2014-SFR2 TRUST 1.298% 09/17/2031$2,155,567
PROVINCE OF BRITISH COLUMBIA CANADA 1.2% 04/25/2017$2,007,216
MORGAN STANLEY 1.435% 01/27/2020$2,001,283
STATE OF ILLINOIS 5.877% 03/01/2019$1,983,519
STANDARD CHARTERED PLC 1.5% 09/08/2017$1,978,874
FORD MOTOR CREDIT CO LLC 1.724% 12/06/2017$1,977,421
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$1,967,732
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2% 11/16/2018$1,916,131
GSAMP TRUST 2005-HE3 1.4408% 06/25/2035$1,908,723
BANK NEDERLANDSE GEMEENTEN NV 1% 02/12/2018$1,904,062
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 0.91% 07/16/2018$1,901,981
WESTPAC BANKING CORP 1.95% 11/23/2018$1,885,865
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$1,867,597
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$1,857,340
BOCA HOTEL PORTFOLIO TRUST 2013-BOCA 2.5755% 08/15/2026$1,841,743
HSBC BANK PLC .961% 05/15/2018$1,828,529
CAREFREE PORTFOLIO TRUST 2014-CARE 1.746% 11/15/2019$1,816,335
BECTON DICKINSON AND CO 1.45% 05/15/2017$1,799,642
CITIGROUP COMMERCIAL MORTGAGE TRUST 2014-388G 1.1755% 06/15/2033$1,799,249
CAPITAL ONE MULTI-ASSET EXECUTION TRUST .578% 01/18/2022$1,796,680
TRADE MAPS 1 LTD .892% 12/10/2018$1,789,555
AMGEN INC 1.25% 05/22/2017$1,736,835
DEVON ENERGY CORP 2.25% 12/15/2018$1,723,635
ABBEY NATIONAL TREASURY SERVICES PLC/LON 1.65% 09/29/2017$1,697,001
ARDAGH PACKAGING FINANCE PLC / ARDAGH HO 3.286% 12/15/2019$1,686,750
AMERICAN INTERNATIONAL GROUP INC 3.3% 03/01/2021$1,658,498
TAL ADVANTAGE V LLC 1.7% 05/20/2039$1,640,696
FMS WERTMANAGEMENT AOER .625% 01/30/2017$1,617,403
INSTITUTO DE CREDITO OFICIAL 1.125% 04/01/2016$1,608,506
FMS WERTMANAGEMENT AOER 1.125% 09/05/2017$1,604,230
METROPOLITAN LIFE GLOBAL FUNDING I .819% 07/15/2016$1,602,494
UBS AG/STAMFORD CT 1.8% 03/26/2018$1,602,107
ALLY MASTER OWNER TRUST .648% 04/15/2018$1,599,762
STANDARD CHARTERED BANK 6.4% 09/26/2017$1,584,674
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.438% 01/15/2032$1,580,491
WELLS FARGO BANK NA 1.65% 01/22/2018$1,566,841
GENERAL ELECTRIC CAPITAL CORP .936% 07/12/2016$1,560,455
CD 2007-CD5 MORTGAGE TRUST 6.32326% 11/15/2044$1,544,112
JPMORGAN CHASE & CO 1.35% 02/15/2017$1,540,967
MACQUARIE GROUP LTD 1.297% 01/31/2017$1,540,893
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$1,538,492
GLOBAL SC FINANCE II SRL 3.19% 07/17/2029$1,524,671
BB&T CORP .96% 02/01/2019$1,518,805
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 5.794% 02/12/2051$1,518,515
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,518,421
TREMAN PARK CLO LTD 2.1238% 04/20/2027$1,507,778
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 1.144% 10/28/2016$1,502,928
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.25% 05/23/2017$1,493,803
CHASE ISSUANCE TRUST .448% 04/15/2019$1,492,926
ING BANK NV 2% 11/26/2018$1,486,907
BANK OF AMERICA CORP 1.351% 03/22/2018$1,482,554
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-5 1.15% 01/15/2019$1,463,507
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.141% 07/01/2041$1,460,177
CREDIT SUISSE COMMERCIAL MORTGAGE TRUST SERIES 2007-C4 6.146442% 09/15/2039$1,454,803
ABBVIE INC 1.75% 11/06/2017$1,449,453
HILTON USA TRUST 2013-HLT 2.6621% 11/05/2030$1,434,015
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C2 5.43% 02/15/2040$1,428,692
CAISSE D'AMORTISSEMENT DE LA DETTE SOCIA 1.25% 03/12/2018$1,411,269
HSBC USA INC 1.7% 03/05/2018$1,399,931
AMERICAN EXPRESS CO .919% 05/22/2018$1,399,077
GEORGIA POWER CO .606% 03/15/2016$1,393,948
CONSECO FINANCIAL CORP 6.53% 04/01/2030$1,370,133
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2004-AR1 TRUST 2.449685% 03/25/2034$1,367,038
SUNTRUST BANK/ATLANTA GA 5.2% 01/17/2017$1,358,277
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2016-1 1.41% 07/15/2019$1,349,526
BP CAPITAL MARKETS PLC 1.674% 02/13/2018$1,343,785
CHEVRON CORP 1.344% 11/09/2017$1,337,268
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,330,710
TOYOTA MOTOR CREDIT CORP 1.55% 07/13/2018$1,320,704
CITIGROUP INC 1.074% 04/01/2016$1,320,480
NOMURA HOLDINGS INC 1.736% 09/13/2016$1,312,789
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR13 TRUST 0.7258% 10/25/2045$1,304,199
COMMERCIAL MORTGAGE TRUST 2007-GG9 5.444% 03/10/2039$1,291,633
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$1,290,422
INTERNATIONAL LEASE FINANCE CORP 2.236% 06/15/2016$1,290,298
CITIZENS BANK NA/PROVIDENCE RI 1.6% 12/04/2017$1,285,878
ARAMARK CORP US TLE 3.25% 03/31/2016$1,284,051
HILTON USA TRUST 2013-HLF 1.19% 11/05/2030$1,276,897
ENERGY TRANSFER PARTNERS LP 2.5% 06/15/2018$1,273,177
KRAFT HEINZ FOODS CO 1.6% 06/30/2017$1,269,046
MACQUARIE BANK LTD 1.6% 10/27/2017$1,251,189
FFMLT TRUST 2005-FF8 0.9165% 09/25/2035$1,243,835
JOHN DEERE CAPITAL CORP 1.125% 06/12/2017$1,239,371
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$1,239,275
MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES 2006-FF1 0.6465% 08/25/2036$1,236,790
IRWIN HOME EQUITY LOAN TRUST 2006-1 5.77% 09/25/2035$1,236,682
GSAMP TRUST 2004-HE2 1.0158% 09/25/2034$1,226,489
ALLY FINANCIAL INC 3.25% 09/29/2017$1,198,500
EUROPEAN INVESTMENT BANK 1.125% 08/15/2018$1,198,144
BNZ INTERNATIONAL FUNDING LTD/LONDON 1.9% 02/26/2018$1,196,291
COLONY AMERICAN HOMES 2014-2 1.137% 07/17/2031$1,192,130
NABORS INDUSTRIES INC 2.35% 09/15/2016$1,188,024
NATIONWIDE BUILDING SOCIETY 2.35% 01/21/2020$1,186,603
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$1,171,403
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR6 TRUST 0.6565% 04/25/2045$1,161,073
ANHEUSER-BUSCH INBEV FINANCE INC 2.65% 02/01/2021$1,160,155
BEAR STEARNS COMMERCIAL MORTGAGE SECURITIES TRUST 2007-PWR16 5.720841% 06/11/2040$1,156,453
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$1,155,995
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2004-AR3 TRUST 2.470059% 06/25/2034$1,150,261
STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUST 2006-BC2 0.5858% 09/25/2036$1,128,068
SUNTORY HOLDINGS LTD 1.65% 09/29/2017$1,126,784
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$1,126,153
MERCK & CO INC .684% 05/18/2018$1,121,696
AMERICAN EXPRESS CREDIT CORP .804% 07/29/2016$1,120,491
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.36% 08/17/2020$1,119,546
NISSAN MOTOR ACCEPTANCE CORP 1% 03/15/2016$1,115,191
ACTAVIS FUNDING SCS 1.85% 03/01/2017$1,113,101
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$1,099,791
BARCLAYS BANK PLC .901% 02/17/2017$1,097,457
CREDIT AGRICOLE SA 1.133% 10/03/2016$1,092,275
DAIMLER FINANCE NORTH AMERICA LLC 1.65% 03/02/2018$1,089,446
ASHLAND INC 3.875% 04/15/2018$1,088,063
AES CORP/VA 3.283% 06/01/2019$1,085,850
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$1,085,400
CREDIT AGRICOLE SA/LONDON 1.449% 04/15/2016$1,080,564
ENSCO PLC 4.7% 03/15/2021$1,074,440
GENERAL MILLS INC 1.4% 10/20/2017$1,070,644
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$1,057,684
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$1,056,795
SABINE PASS LNG LP 7.5% 11/30/2016$1,052,294
ORIGEN MANUFACTURED HOUSING CONTRACT TRUST 2002-A 7.87% 05/15/2032$1,045,549
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$1,032,190
CATERPILLAR FINANCIAL SERVICES CORP 1% 03/03/2017$1,029,075
FORD MOTOR CREDIT CO LLC 1.118% 03/12/2019$1,026,281
DISH DBS CORP 4.625% 07/15/2017$1,025,000
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.149% 05/25/2024$1,005,501
HERTZ CORP/THE 6.75% 04/15/2019$1,000,110
ROYAL BANK OF SCOTLAND GROUP PLC 1.875% 03/31/2017$997,064
AMERIGAS PARTNERS LP / AMERIGAS FINANCE 6.25% 08/20/2019$995,000
SHELL INTERNATIONAL FINANCE BV 0.9214% 11/10/2018$992,681
COMPASS BANK 1.85% 09/29/2017$987,419
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$986,880
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.799% 01/25/2024$986,605
WPX ENERGY INC 5.25% 01/15/2017$975,150
DAIMLER FINANCE NORTH AMERICA LLC 1.375% 08/01/2017$973,994
GE CAPITAL UK FUNDING .722% 03/20/2017$972,276
AP MOELLER - MAERSK A/S 2.55% 09/22/2019$967,914
CDW LLC TERM LOAN 3.25% 03/31/2016$967,009
CITIBANK CREDIT CARD ISSUANCE TRUST 5.3% 03/15/2018$961,891
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$957,288
THOMSON REUTERS CORP 1.65% 09/29/2017$946,302
CITIGROUP INC 1.85% 11/24/2017$938,025
WINDSTREAM SERVICES LLC 7.875% 11/01/2017$926,200
REGIONS FINANCIAL CORP 2% 05/15/2018$912,330
KROGER CO/THE .818% 10/17/2016$910,696
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$906,487
GOLDMAN SACHS GROUP INC/THE 1.42% 11/15/2018$905,340
DOLE FOOD CO TRANCHE B TL 4.5% 03/24/2016$902,240
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C30 5.383% 12/15/2043$901,240
FIFTH THIRD BANK/CINCINNATI OH 1.15% 11/18/2016$900,375
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 1.75% 11/02/2018$896,701
HSBC USA INC 1.162% 09/24/2018$894,293
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$891,460
INVITATION HOMES 2013-SFR1 TRUST 1.4% 12/17/2030$886,386
SANTANDER BANK NA 2% 01/12/2018$883,486
AMERIQUEST MORTGAGE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2005-R7 0.9358% 09/25/2035$876,927
MANUFACTURERS & TRADERS TRUST CO 1.25% 01/30/2017$869,674
INVITATION HOMES 2015-SFR3 TRUST 1.621% 08/17/2032$866,338
AMERICREDIT AUTOMOBILE RECEIVABLES 2016-1 1.1745% 06/10/2019$840,250
VERIZON COMMUNICATIONS INC 3.65% 09/14/2018$839,126
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$836,443
MCGRAW HILL FINANCIAL INC 2.5% 08/15/2018$831,673
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.199% 10/25/2023$830,619
BANK OF AMERICA CORP 1.7% 08/25/2017$826,438
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$825,826
COMM 2014-KYO MORTGAGE TRUST 2.424% 06/11/2027$821,941
FORD MOTOR CREDIT CO LLC 4.25% 02/03/2017$816,072
ACTAVIS FUNDING SCS 1.543% 03/12/2020$815,180
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$814,716
CVS HEALTH CORP 1.9% 07/20/2018$813,148
MORGAN STANLEY 6.625% 04/01/2018$805,548
NATIONAL OILWELL VARCO INC 1.35% 12/01/2017$804,815
TENCENT HOLDINGS LTD 2% 05/02/2017$802,676
FBR SECURITIZATION TRUST 2005-2 1.1416% 09/25/2035$802,403
DISCOVER CARD EXECUTION NOTE TRUST 5.65% 03/16/2020$801,517
BPCE SA 1.545% 04/25/2016$801,232
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$799,750
CREDIT SUISSE/NEW YORK NY 1.75% 01/29/2018$795,261
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$788,459
ELECTRICITE DE FRANCE SA 1.15% 01/20/2017$788,424
STATOIL ASA .771% 11/08/2018$782,227
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$781,205
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$778,150
TENET HEALTHCARE CORP 6.25% 11/01/2018$777,263
BAT INTERNATIONAL FINANCE PLC 1.85% 06/15/2018$773,429
JB HUNT TRANSPORT SERVICES INC 2.4% 03/15/2019$772,307
ABC SUPPLY CO TERM B LOAN 3.5% 03/11/2016$768,267
TOTAL CAPITAL INTERNATIONAL SA .881% 08/10/2018$767,837
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$765,135
SEAGATE HDD CAYMAN 3.75% 11/15/2018$763,957
GLENCORE FUNDING LLC 1.649% 01/15/2019$761,300
JPMORGAN CHASE & CO 1.195% 01/25/2018$749,987
BANK OF NEW YORK MELLON CORP/THE .86% 08/01/2018$748,543
T-MOBILE USA INC 5.25% 09/01/2018$740,700
ARES XXVI CLO LTD 1.389% 04/15/2025$738,407
MITSUBISHI UFJ TRUST & BANKING CORP 1.6% 10/16/2017$735,883
SOUNDVIEW HOME LOAN TRUST 2006-1 0.6258% 02/25/2036$733,272
ABN AMRO BANK NV 1.094% 10/28/2016$731,183
CATERPILLAR FINANCIAL SERVICES CORP 1.25% 08/18/2017$729,590
SABMILLER HOLDINGS INC 2.45% 01/15/2017$725,755
MOBILE MINI INC 7.875% 12/01/2020$715,750
ANZ NEW ZEALAND INT'L LTD/LONDON 1.125% 03/24/2016$710,131
ASTORIA FINANCIAL CORP 5% 06/19/2017$707,291
MERRILL LYNCH MORTGAGE INVESTORS TRUST S 2.165% 12/25/2034$706,385
MACQUARIE BANK LTD .925% 10/27/2017$705,819
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$705,096
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR9 TRUST 1.0758% 07/25/2045$704,678
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$703,499
KOREA EXPRESSWAY CORP 1.625% 04/28/2017$699,735
CNPC GENERAL CAPITAL LTD 1.209% 05/14/2017$698,847
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$696,761
PERRIGO CO PLC 1.3% 11/08/2016$696,045
GATX CORP 2.5% 07/30/2019$691,191
CREDIT AGRICOLE SA/LONDON 1.089% 04/15/2019$691,021
GENERAL ELECTRIC CAPITAL CORP 6% 08/07/2019$690,653
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$671,714
COLONY AMERICAN HOMES 2014-1 1.4% 05/17/2031$670,250
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.6% 11/20/2017$664,868
AIRCASTLE LTD 6.75% 04/15/2017$661,988
KROGER CO/THE 2.2% 01/15/2017$655,207
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.039% 10/01/2034$653,697
NISSAN MOTOR ACCEPTANCE CORP 1.95% 09/12/2017$651,861
AMERICAN HOMES 4 RENT 2014-SFR1 1.25% 06/17/2031$643,013
FDIC GUARANTEED NOTES TRUST 2010-S1 3.25% 04/25/2038$642,326
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$641,900
CANADIAN NATURAL RESOURCES LTD 1.75% 01/15/2018$640,017
UNITEDHEALTH GROUP INC 1.9% 07/16/2018$636,106
NEW CENTURY HOME EQUITY LOAN TRUST 2005-3 0.9165% 07/25/2035$635,858
NOMURA RESECURITIZATION TRUST 2015-2R 1.02583% 04/26/2047$633,202
SINOPEC CAPITAL 2013 LTD 1.25% 04/24/2016$629,682
WELLS FARGO MORTGAGE BACKED SECURITIES 2003-H TRUST 2.739999% 09/25/2033$627,200
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.004% 06/01/2041$626,341
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 03/15/2016$620,258
CNOOC FINANCE 2013 LTD 1.125% 05/09/2016$619,535
WELLS FARGO HOME EQUITY ASSET-BACKED SECURITIES 2005-2 TRUST 0.8658% 11/25/2035$618,192
CHEVRON CORP 1.79% 11/16/2018$617,179
MIZUHO BANK LTD 1.7% 09/25/2017$608,210
MIZUHO BANK LTD 1.3% 04/16/2017$608,149
WELLS FARGO HOME EQUITY ASSET-BACKED SECURITIES 2005-3 TRUST 0.8065% 12/25/2035$607,882
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.5716% 05/25/2028$602,687
AMERICAN HONDA FINANCE CORP 1.125% 10/07/2016$601,301
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2007-CIBC18 5.44% 06/12/2047$601,222
PRUDENTIAL FINANCIAL INC 1.1% 08/15/2018$598,039
HYUNDAI CAPITAL AMERICA 2% 03/19/2018$597,613
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$597,130
CITIGROUP INC 2.4% 02/18/2020$595,184
INDUSTRIAL & COMMERCIAL BANK OF CHINA LT 2.351% 11/13/2017$594,789
SENECA PARK CLO LTD 1.769% 07/17/2026$594,514
JOHN DEERE CAPITAL CORP 1.35% 01/16/2018$594,033
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$590,166
WALGREENS BOOTS ALLIANCE INC .774% 05/18/2016$589,985
SUMITOMO MITSUI BANKING CORP 1.3% 01/10/2017$589,656
FREEPORT-MCMORAN INC 2.3% 11/14/2017$588,800
SYNCHRONY FINANCIAL 3% 08/15/2019$581,341
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.649% 11/25/2023$579,529
BAT INTERNATIONAL FINANCE PLC .796% 06/15/2018$577,132
BAXALTA INC 1.061% 06/22/2018$574,730
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.249% 03/25/2025$571,947
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$567,222
CISCO SYSTEMS INC 1.6% 02/28/2019$563,584
STRUCTURED ASSET SECURITIES CORP MORTGAGE PASS-THROUGH CTFS SER 2003-34A 2.594433% 11/25/2033$561,100
JOHN DEERE CAPITAL CORP 1.05% 10/11/2016$561,075
SYNCHRONY FINANCIAL 2.6% 01/15/2019$556,094
BPCE SA 1.625% 02/10/2017$550,224
HYATT HOTEL PORTFOLIO TRUST 2015-HYT 1.677% 11/15/2029$547,535
RYDER SYSTEM INC 2.5% 03/01/2017$543,804
SEQUOIA MORTGAGE TRUST 2012-1 2.865% 01/25/2042$539,634
WELLS FARGO MORTGAGE BACKED SECURITIES 2 2.714% 09/25/2034$528,710
BANK OF AMERICA CORP 3.75% 07/12/2016$525,047
LB COMMERCIAL MORTGAGE TRUST 2007-C3 5.90002% 07/15/2044$521,435
GSAMP TRUST 2004-SEA2 .849% 03/25/2034$517,157
US BANK NA/CINCINNATI OH 1.45% 01/29/2018$510,695
PARK PLACE SECURITIES INC ASSET-BACKED PASS-THROUGH CTFS SER 2004-WHQ2 1.3808% 02/25/2035$505,569
BAIDU INC 2.25% 11/28/2017$502,107
CAPITAL ONE FINANCIAL CORP 2.45% 04/24/2019$500,370
BANC OF AMERICA COMMERCIAL MORTGAGE TRUST 2006-6 5.421% 10/10/2045$499,056
NBCUNIVERSAL ENTERPRISE INC .974% 04/15/2018$498,778
DRYDEN 37 SENIOR LOAN FUND 2.122% 04/15/2027$493,340
CIT GROUP INC 5.25% 03/15/2018$489,844
BPCE SA .891% 06/23/2017$489,450
WHIRLPOOL CORP 1.65% 11/01/2017$488,838
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2014-3 1.15% 06/10/2019$488,416
HUTCHISON WHAMPOA INTERNATIONAL 12 II LT 2% 11/08/2017$482,048
VENTAS REALTY LP 1.55% 09/26/2016$481,281
LIBERTY PROPERTY LP 6.625% 10/01/2017$473,743
AVIS BUDGET CAR RENTAL LLC / AVIS BUDGET 4.875% 11/15/2017$471,975
AMPHENOL CORP 1.55% 09/15/2017$468,908
FREEPORT-MCMORAN INC 2.15% 03/01/2017$467,950
CELGENE CORP 2.125% 08/15/2018$462,352
DUKE ENERGY CORP .664% 04/03/2017$456,759
ACCREDITED MORTGAGE LOAN TRUST 2006-1 0.6016% 04/25/2036$455,681
SYNCHRONY FINANCIAL 1.875% 08/15/2017$455,141
ELECTRICITE DE FRANCE SA .747% 01/20/2017$449,352
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$448,813
STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUST 2006-WF1 0.7665% 02/25/2036$446,307
BANC OF AMERICA COMMERCIAL MORTGAGE TRUST 2007-3 5.742285% 06/10/2049$443,622
HEALTH CARE REIT INC 3.625% 03/15/2016$440,382
AUTOZONE INC 1.3% 01/13/2017$440,245
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-1 1.59% 10/15/2018$440,180
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$438,421
HESS CORP 1.3% 06/15/2017$438,354
COCA-COLA CO/THE 0.875% 10/27/2017$438,052
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C30 5.342% 12/15/2043$436,560
BECTON DICKINSON AND CO 1.8% 12/15/2017$430,709
CAPITAL ONE BANK USA NA 1.15% 11/21/2016$429,474
AUTODESK INC 1.95% 12/15/2017$426,781
BB&T CORP 1.6% 08/15/2017$420,470
TSMC GLOBAL LTD 1.625% 04/03/2018$404,983
ENBRIDGE INC .734% 06/02/2017$401,512
TOYOTA AUTO RECEIVABLES 2014-B OWNER TRU 1.31% 09/16/2019$400,857
PNC BANK NA 1.15% 11/01/2016$400,005
MCKESSON CORP 1.292% 03/10/2017$399,745
WEA FINANCE LLC / WESTFIELD UK & EUROPE 2.7% 09/17/2019$399,588
THOMSON REUTERS CORP 1.3% 02/23/2017$398,728
THERMO FISHER SCIENTIFIC INC 1.3% 02/01/2017$398,662
MIZUHO BANK LTD .731% 09/25/2017$398,451
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$393,507
LEHMAN ABS MANUFACTURED HOUSING CONTRACT TRUST 2001-B 5.27% 04/15/2040$391,098
MEDTRONIC INC 1.5% 03/15/2018$391,044
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2015-3 1.07% 01/08/2019$379,494
MORGAN STANLEY CAPITAL I TRUST 2007-IQ14 5.692% 04/15/2049$378,937
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$377,576
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$377,573
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 3.52% 12/25/2065$377,160
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$372,011
GLENCORE FUNDING LLC 2.5% 01/15/2019$370,088
PACCAR FINANCIAL CORP 1.1% 06/06/2017$369,553
GENERAL ELECTRIC CAPITAL CORP 5.5% 01/08/2020$367,864
FIFTH THIRD BANCORP 5.45% 01/15/2017$367,504
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C1 5.484% 02/15/2040$366,842
SYNCHRONY FINANCIAL 1.53% 02/03/2020$365,340
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2013-2 1.19% 05/08/2018$363,622
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$363,614
HUNTINGTON NATIONAL BANK/THE 1.375% 04/24/2017$358,440
MURPHY OIL CORP 2.5% 12/01/2017$357,287
NEWELL RUBBERMAID INC 2.15% 10/15/2018$356,032
IAC/INTERACTIVECORP 4.875% 11/30/2018$355,688
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$350,801
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$350,644
ANGLO AMERICAN CAPITAL PLC 1.239% 04/15/2016$344,947
APPLE INC 1.7% 02/22/2019$333,026
SUMITOMO MITSUI BANKING CORP .962% 07/19/2016$330,472
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$330,087
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$329,703
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$329,644
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C33 5.953456% 02/15/2051$328,319
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$327,702
LLOYDS BANK PLC 2.3% 11/27/2018$321,237
BRITISH TELECOMMUNICATIONS PLC 1.625% 06/28/2016$320,545
KEYBANK NA/CLEVELAND OH 1.1% 11/25/2016$319,678
UNITED STATES TREASURY NOTE/BOND .375% 03/15/2016$315,017
BAXALTA INC 2% 06/22/2018$314,020
BECTON DICKINSON AND CO .736% 06/15/2016$309,989
NELNET STUDENT LOAN TRUST 2014-2 .479% 06/25/2021$308,941
STRUCTURED ASSET SECURITIES CORP 2005-WF1 1.0865% 02/25/2035$302,595
HUNTINGTON NATIONAL BANK/THE 1.35% 08/02/2016$300,248
HUNTINGTON NATIONAL BANK/THE .718% 04/24/2017$298,373
KINDER MORGAN INC/DE 2% 12/01/2017$291,597
PACCAR FINANCIAL CORP .879% 12/06/2018$290,737
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$290,303
VENTAS REALTY LP 1.25% 04/17/2017$287,718
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$286,070
VERIZON COMMUNICATIONS INC 1.816% 09/15/2016$281,522
ZIMMER BIOMET HOLDINGS INC 2.7% 04/01/2020$280,548
CARNIVAL CORP 1.875% 12/15/2017$280,363
SOUTHERN POWER CO 1.85% 12/01/2017$280,158
AMERIQUEST MORTGAGE SECURITIES INC ASSET BACKED PASS-THROUGH CTFS SER 2005-R11 0.8765% 01/25/2036$279,513
ROYAL BANK OF SCOTLAND PLC/THE 4.375% 03/16/2016$274,353
PHILLIPS 66 2.95% 05/01/2017$273,459
AT&T INC 5.5% 02/01/2018$266,577
HYUNDAI CAPITAL AMERICA 2.125% 10/02/2017$265,276
NATIONAL AUSTRALIA BANK LTD 1.3% 06/30/2017$260,041
APPLE INC 1.3% 02/23/2018$251,077
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$250,180
BANC OF AMERICA MORTGAGE 2004-L TRUST 2.639% 01/25/2035$247,860
BP CAPITAL MARKETS PLC .821% 05/10/2018$234,380
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2006-LDP8 5.44% 05/15/2045$232,536
ERAC USA FINANCE LLC 1.4% 04/15/2016$230,101
AMERICAN EXPRESS CREDIT CORP 1.125% 06/05/2017$229,085
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 2.31% 06/25/2058$206,464
BANK OF AMERICA CORP 3.875% 03/22/2017$204,629
WM WRIGLEY JR CO 2% 10/20/2017$200,546
WM WRIGLEY JR CO 1.4% 10/21/2016$200,110
JOHNSON CONTROLS INC 1.4% 11/02/2017$199,129
ALIBABA GROUP HOLDING LTD 2.5% 11/28/2019$198,879
LOCKHEED MARTIN CORP 1.85% 11/23/2018$197,376
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$193,476
FIRST FRANKLIN MORTGAGE LOAN TRUST SERIE .639% 05/25/2036$189,157
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$188,011
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-5 1.12% 12/17/2018$174,694
STRUCTURED ASSET MORTGAGE INVESTMENTS II 2.16% 10/19/2034$167,852
FORD CREDIT AUTO OWNER TRUST 2013-A .55% 07/15/2017$163,849
TRANSALTA CORP 1.9% 06/03/2017$150,201
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-3 1.02% 09/17/2018$119,022
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.808% 10/01/2034$102,747
AEGIS ASSET BACKED SECURITIES TRUST 2005-1 0.9265% 03/25/2035$101,901
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.165% 09/01/2034$97,307
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.16% 09/01/2034$61,739
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 0.81% 07/16/2018$52,240
NCUA GUARANTEED NOTES TRUST 2010-R1 1.84% 10/07/2020$1,033
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$17,705,731
 
Other
Holding NameMarket Value
USD - FOR FUTURES$104,924
CURRENCY CONTRACT$75,036
CURRENCY CONTRACT$45,338
BRITISH POUND$33
US 5YR NOTE (CBT) BOND JUN16 (FVM6) COMDTY$-15,848
US 2YR NOTE (CBT) BOND JUN16 (TUM6) COMDTY$-53,478
CURRENCY CONTRACT$-142,019
CURRENCY CONTRACT$-143,104
USD$-218,885
All Holdings As of Jan 31, 2016
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1% 02/15/2018$20,299,266
UNITED STATES TREASURY NOTE/BOND 0.25% 05/15/2016$19,989,520
UNITED STATES TREASURY NOTE/BOND .875% 01/15/2018$14,060,569
UNITED STATES TREASURY NOTE/BOND 1% 09/15/2018$13,583,588
UNITED STATES TREASURY NOTE/BOND 1% 12/31/2017$10,382,818
ABBVIE INC 1.8% 05/14/2018$9,366,851
UNITED STATES TREASURY NOTE/BOND .625% 09/30/2017$9,349,133
CHASE ISSUANCE TRUST .618% 11/16/2020$9,008,487
JPMORGAN CHASE & CO 3.15% 07/05/2016$8,166,912
COOPERATIEVE CENTRALE RAIFFEISEN-BOERENL 2.25% 01/14/2019$8,073,552
UNITED STATES TREASURY NOTE/BOND .625% 07/31/2017$8,018,083
SUNCOR ENERGY INC 6.1% 06/01/2018$7,386,840
CNH EQUIPMENT TRUST 1.37% 07/15/2020$7,368,081
MOODY'S CORP 2.75% 07/15/2019$7,065,132
UNITED STATES TREASURY NOTE/BOND .875% 11/15/2017$7,011,620
CAPITAL ONE BANK USA NA 1.2% 02/13/2017$6,385,619
KRAFT HEINZ FOODS CO 2% 07/02/2018$6,231,211
HEWLETT PACKARD ENTERPRISE CO 2.85% 10/05/2018$6,199,320
CITIGROUP INC 2.65% 10/26/2020$6,025,262
UNITED STATES TREASURY NOTE/BOND .875% 04/30/2017$6,014,178
AMERICAN EXPRESS CREDIT ACCOUNT MASTER T .568% 12/15/2021$5,978,022
SYNCHRONY CREDIT CARD MASTER NOTE TRUST .648% 03/15/2020$5,712,204
BA CREDIT CARD TRUST .578% 06/15/2021$5,595,032
DISCOVER CARD EXECUTION NOTE TRUST .648% 04/15/2021$5,561,707
HARLEY-DAVIDSON MOTORCYCLE TRUST 2014-1 1.1% 09/15/2019$5,497,033
ANTHEM INC 2.375% 02/15/2017$5,481,612
VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2014 .91% 10/22/2018$5,411,477
PHILLIPS 66 PARTNERS LP 2.646% 02/15/2020$5,335,279
GOLDMAN SACHS GROUP INC/THE 2.75% 09/15/2020$5,006,892
CAPITAL ONE MULTI-ASSET EXECUTION TRUST .238% 07/15/2020$4,880,244
GENERAL ELECTRIC CAPITAL CORP .936% 07/12/2016$4,765,463
HALLIBURTON CO 2.7% 11/15/2020$4,673,040
TYSON FOODS INC 2.65% 08/15/2019$4,642,996
VERIZON COMMUNICATIONS INC 2.625% 02/21/2020$4,379,228
TRANSCANADA PIPELINES LTD 1.625% 11/09/2017$4,229,613
REGIONS BANK/BIRMINGHAM AL 2.25% 09/14/2018$4,137,554
STANDARD CHARTERED PLC 3.2% 05/12/2016$4,122,095
EMD FINANCE LLC 1.7% 03/19/2018$4,081,407
MEDTRONIC INC 2.5% 03/15/2020$4,064,684
MICROSOFT CORP 2% 11/03/2020$4,041,608
REYNOLDS AMERICAN INC 2.3% 06/12/2018$4,031,616
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$4,026,696
BANK OF AMERICA CORP 5.65% 05/01/2018$4,024,781
METROPOLITAN LIFE GLOBAL FUNDING I .819% 07/15/2016$4,003,220
HSBC FINANCE CORP .713% 06/01/2016$3,997,232
AT&T INC 2.45% 06/30/2020$3,959,672
METROPOLITAN LIFE GLOBAL FUNDING I 2% 04/14/2020$3,939,148
CITIBANK CREDIT CARD ISSUANCE TRUST 1.32% 09/07/2018$3,907,249
ANGLO AMERICAN CAPITAL PLC 2.625% 09/27/2017$3,850,000
RIO TINTO FINANCE USA LTD 6.5% 07/15/2018$3,763,585
PORSCHE FINANCIAL AUTO SECURITIZATION TR .67% 01/23/2018$3,683,953
CVS HEALTH CORP 2.25% 12/05/2018$3,612,604
FREDDIE MAC GOLD POOL 3.5% TBA$3,545,790
CARMAX AUTO OWNER TRUST 2015-2 1.37% 03/16/2020$3,515,934
INVITATION HOMES 2014-SFR1 TRUST 1.198% 06/17/2031$3,502,420
VERIZON COMMUNICATIONS INC 2.036% 09/14/2018$3,409,158
CITIBANK CREDIT CARD ISSUANCE TRUST 1.349% 01/23/2020$3,351,031
STATE BOARD OF ADMINISTRATION FINANCE CO 2.995% 07/01/2020$3,232,594
DISCOVER CARD EXECUTION NOTE TRUST .628% 07/15/2021$3,191,156
BARRICK NORTH AMERICA FINANCE LLC 6.8% 09/15/2018$3,161,562
MMAF EQUIPMENT FINANCE LLC 2015-A 1.39% 10/16/2019$3,089,890
BANK OF AMERICA CORP 6.5% 08/01/2016$3,078,363
KINDER MORGAN INC/DE 3.05% 12/01/2019$3,066,586
ANTHEM INC 2.3% 07/15/2018$3,021,198
DISCOVER BANK/GREENWOOD DE 2.6% 11/13/2018$3,020,230
AT&T INC 1.7% 06/01/2017$3,007,392
REYNOLDS AMERICAN INC 2.3% 08/21/2017$2,907,416
PRUDENTIAL FINANCIAL INC 6.1% 06/15/2017$2,651,998
ACTAVIS FUNDING SCS 3% 03/12/2020$2,641,337
UNITED STATES TREASURY NOTE/BOND .625% 11/30/2017$2,622,499
QUALCOMM INC 1.4% 05/18/2018$2,598,740
BANK OF ENGLAND EURO NOTE 1.25% 03/16/2018$2,513,510
CABELA'S CREDIT CARD MASTER NOTE TRUST .648% 07/15/2022$2,510,083
CAPITAL ONE FINANCIAL CORP 2.45% 04/24/2019$2,505,388
COLONY AMERICAN HOMES 2015-1 1.398% 07/17/2032$2,363,228
NCUA GUARANTEED NOTES TRUST 2010-R3 .751% 12/08/2020$2,324,484
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.6% 04/15/2021$2,318,685
MCDONALD'S CORP 2.1% 12/07/2018$2,303,722
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2015-1 0.91% 07/16/2018$2,294,191
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.399% 07/25/2024$2,269,378
STATOIL ASA .61% 05/15/2018$2,256,881
CAPITAL ONE MULTI-ASSET EXECUTION TRUST 5.75% 07/15/2020$2,252,629
NEDERLANDSE WATERSCHAPSBANK NV 1.25% 09/18/2017$2,208,323
ASIAN DEVELOPMENT BANK .75% 07/28/2017$2,205,450
CREDIT SUISSE/NEW YORK NY 1.375% 05/26/2017$2,202,404
CABELA'S CREDIT CARD MASTER NOTE TRUST .548% 03/16/2020$2,190,965
INVITATION HOMES 2014-SFR2 TRUST 1.298% 09/17/2031$2,184,103
ENTERPRISE PRODUCTS OPERATING LLC 6.5% 01/31/2019$2,181,427
FORD MOTOR CREDIT CO LLC 1.223% 01/09/2018$2,177,296
CHASE ISSUANCE TRUST 5.16% 04/16/2018$2,117,364
SOUTHERN CALIFORNIA EDISON CO 1.845% 02/01/2022$2,046,933
PROVINCE OF BRITISH COLUMBIA CANADA 1.2% 04/25/2017$2,008,552
MORGAN STANLEY 1.435% 01/27/2020$1,994,103
STANDARD CHARTERED PLC 1.5% 09/08/2017$1,990,126
STATE OF ILLINOIS 5.877% 03/01/2019$1,978,980
FORD MOTOR CREDIT CO LLC 1.724% 12/06/2017$1,974,780
UNITED STATES TREASURY NOTE/BOND 1% 08/15/2018$1,964,939
STATE BOARD OF ADMINISTRATION FINANCE CO 1.298% 07/01/2016$1,960,806
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK NY 2% 11/16/2018$1,919,731
MORGAN STANLEY 1.034% 07/23/2019$1,897,626
WESTPAC BANKING CORP 1.95% 11/23/2018$1,895,073
GENERAL MOTORS FINANCIAL CO INC 2.4% 04/10/2018$1,881,072
VERIZON COMMUNICATIONS INC 3.65% 09/14/2018$1,863,118
BOCA HOTEL PORTFOLIO TRUST 2013-BOCA 2.5755% 08/15/2026$1,844,996
HSBC BANK PLC .961% 05/15/2018$1,834,239
CITIGROUP COMMERCIAL MORTGAGE TRUST 2014-388G 1.1755% 06/15/2033$1,804,838
BECTON DICKINSON AND CO 1.45% 05/15/2017$1,798,592
CAPITAL ONE MULTI-ASSET EXECUTION TRUST .578% 01/18/2022$1,793,127
TRADE MAPS 1 LTD .892% 12/10/2018$1,790,069
CITIGROUP INC 2.4% 02/18/2020$1,783,701
AMGEN INC 1.25% 05/22/2017$1,734,778
TAL ADVANTAGE V LLC 1.7% 05/20/2039$1,708,555
DEVON ENERGY CORP 2.25% 12/15/2018$1,707,343
ABBEY NATIONAL TREASURY SERVICES PLC/LON 1.65% 09/29/2017$1,702,113
ARDAGH PACKAGING FINANCE PLC / ARDAGH HO 3.286% 12/15/2019$1,658,638
ACTAVIS FUNDING SCS 2.35% 03/12/2018$1,638,333
FMS WERTMANAGEMENT AOER .625% 01/30/2017$1,616,527
INSTITUTO DE CREDITO OFICIAL 1.125% 04/01/2016$1,610,650
FMS WERTMANAGEMENT AOER 1.125% 09/05/2017$1,605,216
GLOBAL SC FINANCE II SRL 3.19% 07/17/2029$1,603,709
UBS AG/STAMFORD CT 1.8% 03/26/2018$1,603,146
ALLY MASTER OWNER TRUST .648% 04/15/2018$1,599,938
STANDARD CHARTERED BANK 6.4% 09/26/2017$1,598,601
JP MORGAN CHASE COMMERCIAL MORTGAGE SECU 1.438% 01/15/2032$1,584,952
WELLS FARGO BANK NA 1.65% 01/22/2018$1,564,285
CD 2007-CD5 MORTGAGE TRUST 6.32326% 11/15/2044$1,553,599
MACQUARIE GROUP LTD 1.297% 01/31/2017$1,540,376
JPMORGAN CHASE & CO 1.35% 02/15/2017$1,540,085
SUNTRUST BANK/ATLANTA GA 1.35% 02/15/2017$1,539,307
BB&T CORP .96% 02/01/2019$1,523,622
HEWLETT PACKARD ENTERPRISE CO 2.45% 10/05/2017$1,523,484
TREMAN PARK CLO LTD 2.1238% 04/20/2027$1,504,445
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 1.144% 10/28/2016$1,502,997
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.141% 07/01/2041$1,499,045
CHASE ISSUANCE TRUST .448% 04/15/2019$1,493,494
ING BANK NV 2% 11/26/2018$1,490,308
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.25% 05/23/2017$1,489,834
BANK OF AMERICA CORP 1.351% 03/22/2018$1,481,662
ABBVIE INC 1.75% 11/06/2017$1,448,763
CAISSE D'AMORTISSEMENT DE LA DETTE SOCIA 1.25% 03/12/2018$1,412,288
HSBC USA INC 1.7% 03/05/2018$1,404,713
AMERICAN EXPRESS CO .919% 05/22/2018$1,401,362
KUBOTA CREDIT OWNER TRUST 2015-1 .94% 12/15/2017$1,399,151
GEORGIA POWER CO .606% 03/15/2016$1,393,856
CONSECO FINANCIAL CORP 6.53% 04/01/2030$1,391,966
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2004-AR1 TRUST 2.449685% 03/25/2034$1,372,950
SUNTRUST BANK/ATLANTA GA 5.2% 01/17/2017$1,365,706
BP CAPITAL MARKETS PLC 1.674% 02/13/2018$1,352,353
GOLDMAN SACHS GROUP INC/THE 3.625% 02/07/2016$1,350,396
CHEVRON CORP 1.344% 11/09/2017$1,337,057
FORD MOTOR CREDIT CO LLC 1.684% 09/08/2017$1,336,167
ENSCO PLC 4.7% 03/15/2021$1,331,148
TOYOTA MOTOR CREDIT CORP 1.55% 07/13/2018$1,323,535
CAREFREE PORTFOLIO TRUST 2014-CARE 1.746% 11/15/2019$1,321,055
CITIGROUP INC 1.074% 04/01/2016$1,320,131
NOMURA HOLDINGS INC 1.736% 09/13/2016$1,313,918
COMMERCIAL MORTGAGE TRUST 2007-GG9 5.444% 03/10/2039$1,296,092
FFMLT TRUST 2005-FF8 0.9165% 09/25/2035$1,293,275
CITIZENS BANK NA/PROVIDENCE RI 1.6% 12/04/2017$1,290,032
INTERNATIONAL LEASE FINANCE CORP 2.236% 06/15/2016$1,288,525
ARAMARK CORP US TLE 3.25% 03/31/2016$1,284,778
HILTON USA TRUST 2013-HLF 1.19% 11/05/2030$1,277,510
KRAFT HEINZ FOODS CO 1.6% 06/30/2017$1,270,192
ENERGY TRANSFER PARTNERS LP 2.5% 06/15/2018$1,269,017
MACQUARIE BANK LTD 1.6% 10/27/2017$1,253,500
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE .782% 02/26/2016$1,249,954
JOHN DEERE CAPITAL CORP 1.125% 06/12/2017$1,240,019
VERIZON COMMUNICATIONS INC 1.35% 06/09/2017$1,238,952
MERRILL LYNCH MORTGAGE INVESTORS TRUST SERIES 2006-FF1 0.6465% 08/25/2036$1,237,344
VODAFONE GROUP PLC .718% 02/19/2016$1,209,848
NATIONWIDE BUILDING SOCIETY 2.35% 01/21/2020$1,205,120
COLONY AMERICAN HOMES 2014-2 1.137% 07/17/2031$1,204,156
BNZ INTERNATIONAL FUNDING LTD/LONDON 1.9% 02/26/2018$1,200,415
EUROPEAN INVESTMENT BANK 1.125% 08/15/2018$1,199,782
ACTAVIS INC 3.25% 10/01/2022$1,191,098
ALLY FINANCIAL INC 3.25% 09/29/2017$1,188,000
NABORS INDUSTRIES INC 2.35% 09/15/2016$1,183,609
REYNOLDS AMERICAN INC 6.875% 05/01/2020$1,168,204
WAMU MORTGAGE PASS-THROUGH CERTIFICATES SERIES 2005-AR6 TRUST 0.6565% 04/25/2045$1,167,807
ANHEUSER-BUSCH INBEV FINANCE INC 1.9% 02/01/2019$1,162,641
MANUFACTURERS & TRADERS TRUST CO 1.4% 07/25/2017$1,157,806
ANHEUSER-BUSCH INBEV FINANCE INC 2.65% 02/01/2021$1,147,757
SUNTORY HOLDINGS LTD 1.65% 09/29/2017$1,127,048
BANK OF TOKYO-MITSUBISHI UFJ LTD/THE 1.45% 09/08/2017$1,126,035
MERCK & CO INC .684% 05/18/2018$1,121,222
SYNCHRONY CREDIT CARD MASTER NOTE TRUST 1.36% 08/17/2020$1,120,381
AMERICAN EXPRESS CREDIT CORP .804% 07/29/2016$1,119,688
NISSAN MOTOR ACCEPTANCE CORP 1% 03/15/2016$1,115,165
ACTAVIS FUNDING SCS 1.85% 03/01/2017$1,114,341
BARCLAYS BANK PLC .901% 02/17/2017$1,099,647
CREDIT AGRICOLE SA 1.133% 10/03/2016$1,092,332
DAIMLER FINANCE NORTH AMERICA LLC 1.65% 03/02/2018$1,089,604
INTERNATIONAL LEASE FINANCE CORP 3.875% 04/15/2018$1,086,788
CREDIT AGRICOLE SA/LONDON 1.449% 04/15/2016$1,080,998
ASHLAND INC 3.875% 04/15/2018$1,080,188
CSMC TRUST 2013-IVR2 1.55% 04/25/2043$1,077,756
GENERAL MILLS INC 1.4% 10/20/2017$1,070,458
CAPITAL ONE NA/MCLEAN VA 1.65% 02/05/2018$1,062,507
AES CORP/VA 3.283% 06/01/2019$1,057,350
SABINE PASS LNG LP 7.5% 11/30/2016$1,044,088
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.149% 05/25/2024$1,035,627
CAPITAL ONE NA/MCLEAN VA 1.5% 09/05/2017$1,035,003
TALEN ENERGY SUPPLY LLC 4.625% 07/15/2019$1,031,800
CATERPILLAR FINANCIAL SERVICES CORP 1% 03/03/2017$1,030,404
FORD MOTOR CREDIT CO LLC 1.118% 03/12/2019$1,028,235
DISH DBS CORP 4.625% 07/15/2017$1,022,500
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.799% 01/25/2024$1,015,949
LB-UBS COMMERCIAL MORTGAGE TRUST 2007-C2 5.43% 02/15/2040$1,009,291
SHELL INTERNATIONAL FINANCE BV 0.9214% 11/10/2018$1,007,613
HERTZ CORP/THE 6.75% 04/15/2019$1,002,500
AP MOELLER - MAERSK A/S 2.55% 09/22/2019$995,692
GE CAPITAL UK FUNDING .722% 03/20/2017$995,442
COMPASS BANK 1.85% 09/29/2017$995,074
ROYAL BANK OF SCOTLAND GROUP PLC 1.875% 03/31/2017$994,334
METROPOLITAN LIFE GLOBAL FUNDING I 1.95% 12/03/2018$992,850
AMERIGAS PARTNERS LP / AMERIGAS FINANCE 6.25% 08/20/2019$987,500
DAIMLER FINANCE NORTH AMERICA LLC 1.375% 08/01/2017$974,115
CITIBANK CREDIT CARD ISSUANCE TRUST 5.3% 03/15/2018$965,031
L-3 COMMUNICATIONS CORP 1.5% 05/28/2017$962,483
CDW LLC TERM LOAN 3.25% 03/31/2016$962,122
WPX ENERGY INC 5.25% 01/15/2017$952,875
THOMSON REUTERS CORP 1.65% 09/29/2017$947,993
CITIGROUP INC 1.85% 11/24/2017$939,914
WINDSTREAM SERVICES LLC 7.875% 11/01/2017$924,000
REGIONS FINANCIAL CORP 2% 05/15/2018$915,222
KROGER CO/THE .818% 10/17/2016$909,886
GOLDMAN SACHS GROUP INC/THE 1.42% 11/15/2018$909,526
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C30 5.383% 12/15/2043$909,307
ZIMMER BIOMET HOLDINGS INC 2% 04/01/2018$907,598
DOLE FOOD CO TRANCHE B TL 4.5% 03/24/2016$903,686
HSBC USA INC 1.162% 09/24/2018$900,824
FIFTH THIRD BANK/CINCINNATI OH 1.15% 11/18/2016$900,029
COMMONWEALTH BANK OF AUSTRALIA/NEW YORK NY 1.75% 11/02/2018$898,209
INVITATION HOMES 2013-SFR1 TRUST 1.4% 12/17/2030$895,488
GENERAL MOTORS FINANCIAL CO INC 3% 09/25/2017$894,009
SANTANDER BANK NA 2% 01/12/2018$893,240
INVITATION HOMES 2015-SFR3 TRUST 1.621% 08/17/2032$884,427
MANUFACTURERS & TRADERS TRUST CO 1.25% 01/30/2017$870,482
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.199% 10/25/2023$860,392
IMPERIAL TOBACCO FINANCE PLC 2.05% 07/20/2018$841,522
AMERICREDIT AUTOMOBILE RECEIVABLES 2016-1 1.1745% 06/10/2019$840,218
COMM 2014-KYO MORTGAGE TRUST 2.424% 06/11/2027$837,121
MCGRAW HILL FINANCIAL INC 2.5% 08/15/2018$831,166
BANK OF AMERICA CORP 1.7% 08/25/2017$829,934
SHELL INTERNATIONAL FINANCE BV 1.25% 11/10/2017$828,405
FBR SECURITIZATION TRUST 2005-2 1.1416% 09/25/2035$825,329
ACTAVIS FUNDING SCS 1.543% 03/12/2020$820,658
FORD MOTOR CREDIT CO LLC 4.25% 02/03/2017$817,024
CVS HEALTH CORP 1.9% 07/20/2018$813,792
MORGAN STANLEY 6.625% 04/01/2018$808,696
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$807,619
DISCOVER CARD EXECUTION NOTE TRUST 5.65% 03/16/2020$804,045
GLENCORE FUNDING LLC 1.649% 01/15/2019$803,730
NATIONAL OILWELL VARCO INC 1.35% 12/01/2017$803,141
TENCENT HOLDINGS LTD 2% 05/02/2017$803,119
BPCE SA 1.545% 04/25/2016$801,614
STANLEY BLACK & DECKER INC 2.451% 11/17/2018$800,495
CREDIT SUISSE/NEW YORK NY 1.75% 01/29/2018$799,414
STATOIL ASA .771% 11/08/2018$791,217
SHELL INTERNATIONAL FINANCE BV 1.625% 11/10/2018$789,191
ELECTRICITE DE FRANCE SA 1.15% 01/20/2017$788,215
CENTERPOINT ENERGY TRANSITION BOND CO IV .901% 04/15/2018$780,978
TENET HEALTHCARE CORP 6.25% 11/01/2018$780,938
JB HUNT TRANSPORT SERVICES INC 2.4% 03/15/2019$775,821
SEAGATE HDD CAYMAN 3.75% 11/15/2018$775,637
TOTAL CAPITAL INTERNATIONAL SA .881% 08/10/2018$775,417
BAT INTERNATIONAL FINANCE PLC 1.85% 06/15/2018$774,297
SEQUOIA MORTGAGE TRUST 2013-4 1.55% 04/25/2043$771,882
ABC SUPPLY CO TERM B LOAN 3.5% 02/10/2016$770,211
CNH INDUSTRIAL CAPITAL LLC 3.875% 07/16/2018$768,275
STATE OF CALIFORNIA 1.05% 02/01/2016$755,000
JPMORGAN CHASE & CO 1.195% 01/25/2018$750,710
BANK OF NEW YORK MELLON CORP/THE .86% 08/01/2018$750,092
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 1.27% 06/25/2058$743,536
MITSUBISHI UFJ TRUST & BANKING CORP 1.6% 10/16/2017$738,501
T-MOBILE USA INC 5.25% 09/01/2018$738,000
WELLS FARGO HOME EQUITY ASSET-BACKED SECURITIES 2005-3 TRUST 0.8065% 12/25/2035$735,972
ABN AMRO BANK NV 1.094% 10/28/2016$731,669
CATERPILLAR FINANCIAL SERVICES CORP 1.25% 08/18/2017$729,832
SABMILLER HOLDINGS INC 2.45% 01/15/2017$725,990
MOBILE MINI INC 7.875% 12/01/2020$717,500
ASTORIA FINANCIAL CORP 5% 06/19/2017$713,102
MERRILL LYNCH MORTGAGE INVESTORS TRUST S 2.165% 12/25/2034$712,517
ANZ NEW ZEALAND INT'L LTD/LONDON 1.125% 03/24/2016$710,496
MACQUARIE BANK LTD .925% 10/27/2017$706,647
CALIFORNIA EARTHQUAKE AUTHORITY 1.824% 07/01/2017$705,411
KOREA EXPRESSWAY CORP 1.625% 04/28/2017$700,133
CNPC GENERAL CAPITAL LTD 1.209% 05/14/2017$699,189
CREDIT AGRICOLE SA/LONDON 1.089% 04/15/2019$698,710
FORD MOTOR CREDIT CO LLC 3% 06/12/2017$695,917
PERRIGO CO PLC 1.3% 11/08/2016$695,342
GATX CORP 2.5% 07/30/2019$689,303
GENERAL ELECTRIC CAPITAL CORP 6% 08/07/2019$685,030
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.039% 10/01/2034$684,475
COLONY AMERICAN HOMES 2014-1 1.4% 05/17/2031$683,245
CONOCOPHILLIPS CO 1.5% 05/15/2018$680,519
WANT WANT CHINA FINANCE LTD 1.875% 05/14/2018$671,376
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 1.6% 11/20/2017$663,718
AIRCASTLE LTD 6.75% 04/15/2017$661,194
SEQUOIA MORTGAGE TRUST 2013-1 1.45% 02/25/2043$660,329
KROGER CO/THE 2.2% 01/15/2017$656,042
NISSAN MOTOR ACCEPTANCE CORP 1.95% 09/12/2017$652,333
AMERICAN HOMES 4 RENT 2014-SFR1 1.25% 06/17/2031$649,907
FDIC GUARANTEED NOTES TRUST 2010-S1 3.25% 04/25/2038$640,792
NOMURA RESECURITIZATION TRUST 2015-2R 1.02583% 04/26/2047$638,510
NEW CENTURY HOME EQUITY LOAN TRUST 2005-3 0.9165% 07/25/2035$636,652
CANADIAN NATURAL RESOURCES LTD 1.75% 01/15/2018$633,868
UNITEDHEALTH GROUP INC 1.9% 07/16/2018$633,824
SINOPEC CAPITAL 2013 LTD 1.25% 04/24/2016$629,556
FEDERAL NATIONAL MORTGAGE ASSOCIATION 3.004% 06/01/2041$628,562
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 03/15/2016$620,121
CHEVRON CORP 1.79% 11/16/2018$619,944
CNOOC FINANCE 2013 LTD 1.125% 05/09/2016$619,511
MIZUHO BANK LTD 1.7% 09/25/2017$610,473
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 1.5716% 05/25/2028$608,578
MIZUHO BANK LTD 1.3% 04/16/2017$608,432
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.249% 03/25/2025$603,692
JP MORGAN MORTGAGE TRUST 2013-1 2.5% 03/25/2043$602,353
AMERICAN HONDA FINANCE CORP 1.125% 10/07/2016$601,017
FREDDIE MAC STRUCTURED AGENCY CREDIT RIS 1.649% 11/25/2023$600,229
PRUDENTIAL FINANCIAL INC 1.1% 08/15/2018$598,670
HYUNDAI CAPITAL AMERICA 2% 03/19/2018$598,129
ALIBABA GROUP HOLDING LTD 1.625% 11/28/2017$596,537
JOHN DEERE CAPITAL CORP 1.35% 01/16/2018$595,301
INDUSTRIAL & COMMERCIAL BANK OF CHINA LT 2.351% 11/13/2017$594,240
HUNTINGTON NATIONAL BANK/THE 1.3% 11/20/2016$590,592
SUMITOMO MITSUI BANKING CORP 1.3% 01/10/2017$589,924
WALGREENS BOOTS ALLIANCE INC .774% 05/18/2016$589,529
SYNCHRONY FINANCIAL 3% 08/15/2019$584,060
BAXALTA INC 1.061% 06/22/2018$578,719
BAT INTERNATIONAL FINANCE PLC .796% 06/15/2018$576,882
EXPRESS SCRIPTS HOLDING CO 1.25% 06/02/2017$567,414
JOHN DEERE CAPITAL CORP 1.05% 10/11/2016$560,841
SEQUOIA MORTGAGE TRUST 2012-1 2.865% 01/25/2042$559,806
SYNCHRONY FINANCIAL 2.6% 01/15/2019$559,553
BPCE SA 1.625% 02/10/2017$550,358
RYDER SYSTEM INC 2.5% 03/01/2017$543,551
WELLS FARGO MORTGAGE BACKED SECURITIES 2 2.714% 09/25/2034$538,064
GSAMP TRUST 2004-SEA2 .849% 03/25/2034$531,564
BANK OF AMERICA CORP 3.75% 07/12/2016$526,056
US BANK NA/CINCINNATI OH 1.45% 01/29/2018$511,097
BAIDU INC 2.25% 11/28/2017$502,633
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-1 1.59% 10/15/2018$500,182
NBCUNIVERSAL ENTERPRISE INC .974% 04/15/2018$499,578
DRYDEN 37 SENIOR LOAN FUND 2.122% 04/15/2027$494,607
CIT GROUP INC 5.25% 03/15/2018$491,920
WHIRLPOOL CORP 1.65% 11/01/2017$488,955
BPCE SA .891% 06/23/2017$488,635
HUTCHISON WHAMPOA INTERNATIONAL 12 II LT 2% 11/08/2017$483,341
VENTAS REALTY LP 1.55% 09/26/2016$481,900
ACCREDITED MORTGAGE LOAN TRUST 2006-1 0.6016% 04/25/2036$476,496
LIBERTY PROPERTY LP 6.625% 10/01/2017$475,736
AVIS BUDGET CAR RENTAL LLC / AVIS BUDGET 4.875% 11/15/2017$473,138
AMPHENOL CORP 1.55% 09/15/2017$469,143
CELGENE CORP 2.125% 08/15/2018$461,433
SYNCHRONY FINANCIAL 1.875% 08/15/2017$458,410
DUKE ENERGY CORP .664% 04/03/2017$457,400
ELECTRICITE DE FRANCE SA .747% 01/20/2017$450,414
STRUCTURED ASSET SECURITIES CORP MORTGAGE LOAN TRUST 2006-WF1 0.7665% 02/25/2036$449,195
SBA COMMUNICATIONS CORP 5.625% 10/01/2019$448,813
HESS CORP 1.3% 06/15/2017$446,421
BANC OF AMERICA COMMERCIAL MORTGAGE TRUST 2007-3 5.742285% 06/10/2049$446,113
FREEPORT-MCMORAN INC 2.3% 11/14/2017$444,000
HEALTH CARE REIT INC 3.625% 03/15/2016$441,195
HUNTINGTON NATIONAL BANK/THE 2.2% 11/06/2018$441,039
AUTOZONE INC 1.3% 01/13/2017$440,286
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SERIES 2007-C30 5.342% 12/15/2043$437,909
COCA-COLA CO/THE 0.875% 10/27/2017$437,481
BECTON DICKINSON AND CO 1.8% 12/15/2017$430,619
CAPITAL ONE BANK USA NA 1.15% 11/21/2016$429,519
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2013-2 1.19% 05/08/2018$424,878
AUTODESK INC 1.95% 12/15/2017$424,603
BB&T CORP 1.6% 08/15/2017$420,606
FREEPORT-MCMORAN INC 2.15% 03/01/2017$411,600
TSMC GLOBAL LTD 1.625% 04/03/2018$403,589
LEHMAN ABS MANUFACTURED HOUSING CONTRACT TRUST 2001-B 5.27% 04/15/2040$402,860
TOYOTA AUTO RECEIVABLES 2014-B OWNER TRU 1.31% 09/16/2019$400,485
ENBRIDGE INC .734% 06/02/2017$400,482
WEA FINANCE LLC / WESTFIELD UK & EUROPE 2.7% 09/17/2019$400,399
PNC BANK NA 1.15% 11/01/2016$400,282
MCKESSON CORP 1.292% 03/10/2017$400,155
THERMO FISHER SCIENTIFIC INC 1.3% 02/01/2017$398,822
THOMSON REUTERS CORP 1.3% 02/23/2017$398,479
MIZUHO BANK LTD .731% 09/25/2017$397,805
CAMERON INTERNATIONAL CORP 1.4% 06/15/2017$395,042
MEDTRONIC INC 1.5% 03/15/2018$390,821
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 1.78% 12/25/2065$385,516
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2015-3 1.07% 01/08/2019$379,526
SPRINGLEAF MORTGAGE LOAN TRUST 2013-2 3.52% 12/25/2065$377,021
FIDELITY NATIONAL INFORMATION SERVICES I 2% 04/15/2018$375,460
SYNCHRONY FINANCIAL 1.53% 02/03/2020$373,702
CC HOLDINGS GS V LLC / CROWN CASTLE GS I 2.381% 12/15/2017$371,890
PACCAR FINANCIAL CORP 1.1% 06/06/2017$370,353
FIFTH THIRD BANCORP 5.45% 01/15/2017$367,567
GENERAL ELECTRIC CAPITAL CORP 5.5% 01/08/2020$366,817
UNITED STATES TREASURY NOTE/BOND 1.25% 12/15/2018$362,967
MURPHY OIL CORP 2.5% 12/01/2017$361,371
HUNTINGTON NATIONAL BANK/THE 1.375% 04/24/2017$359,162
IAC/INTERACTIVECORP 4.875% 11/30/2018$355,250
PENSKE TRUCK LEASING CO LP / PTL FINANCE 3.75% 05/11/2017$351,768
CITIZENS BANK NA/PROVIDENCE RI 2.3% 12/03/2018$351,587
NEWELL RUBBERMAID INC 2.15% 10/15/2018$351,379
ANGLO AMERICAN CAPITAL PLC 1.239% 04/15/2016$347,312
CREDIT SUISSE COMMERCIAL MORTGAGE TRUST SERIES 2007-C4 6.146442% 09/15/2039$340,676
NELNET STUDENT LOAN TRUST 2014-2 .479% 06/25/2021$332,096
SUMITOMO MITSUI BANKING CORP .962% 07/19/2016$330,359
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.74% 10/22/2018$330,242
CAPITAL AUTO RECEIVABLES ASSET TRUST / A 1.29% 04/20/2018$329,652
WALGREENS BOOTS ALLIANCE INC 1.75% 11/17/2017$329,313
WEA FINANCE LLC / WESTFIELD UK & EUROPE 1.75% 09/15/2017$328,375
LLOYDS BANK PLC 2.3% 11/27/2018$323,464
BRITISH TELECOMMUNICATIONS PLC 1.625% 06/28/2016$320,762
BOARDWALK PIPELINES LP 5.875% 11/15/2016$320,256
KEYBANK NA/CLEVELAND OH 1.1% 11/25/2016$319,922
GLENCORE FUNDING LLC 2.5% 01/15/2019$318,176
BAXALTA INC 2% 06/22/2018$316,269
UNITED STATES TREASURY NOTE/BOND .375% 03/15/2016$314,987
BECTON DICKINSON AND CO .736% 06/15/2016$309,982
STRUCTURED ASSET SECURITIES CORP 2005-WF1 1.0865% 02/25/2035$302,945
HUNTINGTON NATIONAL BANK/THE 1.35% 08/02/2016$300,015
PACCAR FINANCIAL CORP .8% 02/08/2016$300,005
HUNTINGTON NATIONAL BANK/THE .718% 04/24/2017$298,694
LOCKHEED MARTIN CORP 1.85% 11/23/2018$292,509
THERMO FISHER SCIENTIFIC INC 2.15% 12/14/2018$291,117
PACCAR FINANCIAL CORP .879% 12/06/2018$290,672
KINDER MORGAN INC/DE 2% 12/01/2017$289,490
VENTAS REALTY LP 1.25% 04/17/2017$288,418
PENSKE TRUCK LEASING CO LP / PTL FINANCE 2.5% 06/15/2019$286,744
FORD CREDIT AUTO OWNER TRUST 2013-A .55% 07/15/2017$283,973
VERIZON COMMUNICATIONS INC 1.816% 09/15/2016$281,691
SOUTHERN POWER CO 1.85% 12/01/2017$280,672
AMERIQUEST MORTGAGE SECURITIES INC ASSET BACKED PASS-THROUGH CTFS SER 2005-R11 0.8765% 01/25/2036$280,665
CARNIVAL CORP 1.875% 12/15/2017$279,359
ZIMMER BIOMET HOLDINGS INC 2.7% 04/01/2020$278,860
ROYAL BANK OF SCOTLAND PLC/THE 4.375% 03/16/2016$275,143
PHILLIPS 66 2.95% 05/01/2017$273,924
AT&T INC 5.5% 02/01/2018$267,781
HYUNDAI CAPITAL AMERICA 2.125% 10/02/2017$265,481
NATIONAL AUSTRALIA BANK LTD 1.3% 06/30/2017$260,080
GREATAMERICA LEASING RECEIVABLES FUNDING 1.83% 06/17/2019$249,874
BANC OF AMERICA MORTGAGE 2004-L TRUST 2.639% 01/25/2035$249,661
BP CAPITAL MARKETS PLC .821% 05/10/2018$237,825
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES TRUST 2006-LDP8 5.44% 05/15/2045$233,400
SEQUOIA MORTGAGE TRUST 2012-2 3.5% 04/25/2042$231,514
ERAC USA FINANCE LLC 1.4% 04/15/2016$230,092
AMERICAN EXPRESS CREDIT CORP 1.125% 06/05/2017$229,004
SPRINGLEAF MORTGAGE LOAN TRUST 2013-1 2.31% 06/25/2058$206,549
BANK OF AMERICA CORP 3.875% 03/22/2017$205,125
WM WRIGLEY JR CO 2% 10/20/2017$200,700
WM WRIGLEY JR CO 1.4% 10/21/2016$200,099
JOHNSON CONTROLS INC 1.4% 11/02/2017$198,830
ALIBABA GROUP HOLDING LTD 2.5% 11/28/2019$197,879
FIRST FRANKLIN MORTGAGE LOAN TRUST SERIE .639% 05/25/2036$189,591
FIDELITY NATIONAL INFORMATION SERVICES I 1.45% 06/05/2017$188,276
STRUCTURED ASSET MORTGAGE INVESTMENTS II 2.16% 10/19/2034$169,374
TRANSALTA CORP 1.9% 06/03/2017$150,135
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.808% 10/01/2034$108,651
AEGIS ASSET BACKED SECURITIES TRUST 2005-1 0.9265% 03/25/2035$105,646
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.165% 09/01/2034$99,198
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2014-3 0.81% 07/16/2018$69,728
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.16% 09/01/2034$62,497
NCUA GUARANTEED NOTES TRUST 2010-R1 1.84% 10/07/2020$5,823
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$58,095,175
 
Other
Holding NameMarket Value
USD$743,937
USD$73,730
US 2YR NOTE (CBT) BOND MAR16 TUH6 COMDTY$69,522
CURRENCY CONTRACT$25,845
BRITISH POUND$34
US 5YR NOTE (CBT) BOND MAR16 FVH6 COMDTY$-161,085
 

Statistics

Duration and Maturity As of Apr 30, 2016
StatisticValue
Average Effective Duration1.66 years
Average Effective Maturity2.21 years
Portfolio Statistics As of Mar 31, 2016
Statistic3-Year5-Year
Beta0.620.65
Alpha-0.100.18
Standard Deviation1.001.15
 
 

Footnotes

1.

Please read the fund's prospectus carefully for a complete summary of all fees, expenses, financial highlights, investment objectives and strategies, risks and performance information. The prospectus contains this and other information about the investment company. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You can obtain a prospectus, statement of additional information and other information about the Vantagepoint Funds online at www.icmarc.org/vpprospectus, by calling 800-669-7400 or emailing investorservices@icmarc.org. The Vantagepoint Funds are distributed by ICMA-RC Services LLC, a wholly owned broker-dealer subsidiary of ICMA-RC and member FINRA/SIPC.

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.