Fund Facts  

Inception Date: Oct 11, 2013
CUSIP: 92210J747
Morningstar Category:Large Blend

Documents for Fund or Underlying Fund(s)  

Description

Objective  

Long-term capital growth and current income.

Principal Investment Strategies  

The Fund invests substantially all of its assets in a single underlying VT III Vantagepoint Fund. The underlying fund invests, under normal circumstances, primarily in U.S. common stocks that its subadvisers believe offer the potential for capital appreciation or that may provide current income by paying dividends, and also invests in S&P 500 Index futures contracts and U.S. and foreign fixed income securities. Strategies used by the underlying fund’s subadvisers include: (1) focusing on large-capitalization U.S. companies whose common stocks are believed to offer potential for price appreciation because of undervaluation, earnings growth, or both; (2) emphasizing U.S. stocks that may pay dividends; and (3) employing an enhanced equity strategy that utilizes S&P 500 Index futures contracts to gain equity exposure. The underlying fund’s fixed income securities are held, in part, as collateral in conjunction with its use of futures contracts. The underlying fund’s fixed income securities are diversified across fixed income sectors and are generally investment grade securities.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. The Fund’s principal investment risks include Stock Market Risk, Preferred Stock Risk, Mid-Cap Securities Risk, Foreign Securities Risk, Equity Income/Interest Rate Risk, Foreign Currency Risk, Convertible Securities Risk, Interest Rate Risk, Credit Risk, Call Risk, Mortgage-Backed Securities Risk, Asset-Backed Securities Risk, Municipal Securities Risk, High Yield Securities Risk, Derivative Instruments Risk, Multi-Manager Risk, Large Investor Risk.
Please see the Disclosure Memorandum for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Sep 30, 2017
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
VT Vantagepoint Grwth & Income   4.50%15.86%20.79%10.18%13.94%7.25%N/A
S&P 500 Indexa,b4.48%14.24%18.61%10.81%14.22%7.44%N/A
Morningstar Large Blendb,c4.19%13.19%17.65%9.03%12.91%6.58%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.

Performance information for this class prior to its inception date is the performance of the Fund adjusted to reflect the estimated fees and expenses of this class.

Total Expenses d
Gross Expenses0.60%
Net Expenses0.60%

 

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

b. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2017 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

c. The Morningstar category represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

d. VantageTrust Funds invest either in collective investment funds or underlying registered funds. Please refer to the underlying fund's disclosure documents for additional information on fund fees and expenses.

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2017
Period Stars Category Size
Overall 3 Stars1218
3-Year 3 Stars1218
5-Year 4 Stars1083
10-Year 3 Stars799

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product 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 managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating⁄40% three–year rating for 60–119 months of total returns, and 50% 10–year rating⁄30% five–year rating⁄20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Sep 30, 2017
Equity Stylebox Fixed Income Stylebox
Large GrowthMedium Limited
Allocation of Assets As of Aug 31, 2017
Type of Asset Percent
Equity98%
Fixed Income33%
Cash/Other-30%

Due to rounding, percentages shown may not add up to 100%.

 
 

Statistics

Portfolio Statistics As of Sep 30, 2017
Statistic3-Year5-Year
Beta1.021.01
Alpha-0.58-0.40
Standard Deviation10.429.86
 
 

Underlying Fund Characteristics

Allocation of Assets As of Aug 31, 2017
Asset ClassPercent
Domestic Stock90.9%
Foreign Stock6.7%
Domestic Bond26.1%
Foreign Bond6.7%
Preferred0.0%
Convertible0.0%
Cash-30.5%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of Aug 31, 2017
SectorPercent
Financial Services20.3%
Technology19.9%
Consumer Cyclical14.4%
Healthcare14.0%
Industrials9.5%
Consumer Defensive5.7%
Energy5.2%
Utilities3.1%
Basic Materials2.4%
Communication Services1.9%
Real Estate1.3%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Holdings As of Oct 31, 2017
Holding NamePercent
S&P 500 FUTURE EQUITY INDEX DEC17 (SPZ7) INDEX35.5%
BLACKROCK TEMP FUND2.7%
UNITED STATES TREASURY NOTE/BOND 1.5% 10/31/20192.5%
UNITED STATES TREASURY NOTE/BOND 1.25% 08/31/20192.4%
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/20192.3%
AMAZON.COM INC2.1%
JPMORGAN CHASE & CO1.5%
FACEBOOK INC1.4%
CITIGROUP INC1.4%
CHEVRON CORP1.2%
All Holdings As of Oct 31, 2017
Equity
Holding NameMarket Value
AMAZON.COM INC$45,150,688
JPMORGAN CHASE & CO$32,714,750
FACEBOOK INC$29,799,930
CITIGROUP INC$28,633,542
CHEVRON CORP$25,519,557
INTEL CORP$24,474,120
MICROSOFT CORP$24,147,154
WELLS FARGO & CO$23,400,219
CISCO SYSTEMS INC$23,265,473
ALPHABET INC$23,234,291
PRICELINE GROUP INC/THE$21,953,125
ALIBABA GROUP HOLDING LTD$21,324,843
BANK OF AMERICA CORP$19,778,593
VISA INC$17,563,806
DOWDUPONT INC$16,555,447
QUALCOMM INC$16,050,705
HILTON WORLDWIDE HOLDINGS INC$14,942,589
UNITEDHEALTH GROUP INC$14,715,400
VERTEX PHARMACEUTICALS INC$14,554,857
BRITISH AMERICAN TOBACCO PLC$14,548,540
MASTERCARD INC$14,519,952
UNION PACIFIC CORP$14,237,191
XL GROUP LTD$14,144,103
NETAPP INC$13,930,112
COGNIZANT TECHNOLOGY SOLUTIONS CORP$13,865,544
BOEING CO/THE$13,801,930
NORWEGIAN CRUISE LINE HOLDINGS LTD$13,062,894
PNC FINANCIAL SERVICES GROUP INC/THE$13,062,487
PRINCIPAL FINANCIAL GROUP INC$13,000,568
UNILEVER NV$12,733,812
HALLIBURTON CO$12,333,097
MORGAN STANLEY$12,115,000
FORTUNE BRANDS HOME & SECURITY INC$11,953,755
MEDTRONIC PLC$11,817,276
LIBERTY INTERACTIVE CORP QVC GROUP$11,729,155
PARK HOTELS & RESORTS INC$11,712,492
BRISTOL-MYERS SQUIBB CO$11,639,373
KINDER MORGAN INC/DE$11,575,912
EOG RESOURCES INC$11,563,648
UNITED TECHNOLOGIES CORP$11,532,050
PHILIP MORRIS INTERNATIONAL INC$11,477,438
INTERNATIONAL PAPER CO$11,383,214
SEMPRA ENERGY$11,364,130
TENCENT HOLDINGS LTD$11,290,211
ALLERGAN PLC$11,132,702
ING GROEP NV$11,046,606
INGERSOLL-RAND PLC$10,986,577
EATON CORP PLC$10,792,377
MERCK & CO INC$10,754,064
ASTRAZENECA PLC$10,729,949
BRIXMOR PROPERTY GROUP INC$10,583,326
MONDELEZ INTERNATIONAL INC$10,534,779
CATERPILLAR INC$10,461,896
ALPHABET INC$10,433,704
ROCHE HOLDING AG$10,346,076
VIACOM INC$10,304,689
REGAL ENTERTAINMENT GROUP$10,161,525
INVESCO LTD$10,119,229
M&T BANK CORP$9,955,002
SYNCHRONY FINANCIAL$9,834,049
APPLE INC$9,821,224
MARSH & MCLENNAN COS INC$9,590,367
LYONDELLBASELL INDUSTRIES NV$9,514,407
SALESFORCE.COM INC$9,353,876
CHUBB LTD$9,143,915
PULTEGROUP INC$9,098,293
PIONEER NATURAL RESOURCES CO$9,074,043
NOKIA OYJ$8,933,345
EDISON INTERNATIONAL$8,704,556
BLACKROCK INC$8,616,660
NASDAQ OMX GROUP INC/THE$8,601,760
DOMINION RESOURCES INC/VA$8,576,660
SCHNEIDER NATIONAL INC$8,377,369
INTUITIVE SURGICAL INC$8,332,992
STRYKER CORP$8,285,545
XCEL ENERGY INC$8,239,583
AGRIUM INC$8,157,454
BECTON DICKINSON AND CO$8,100,569
AMERICAN TOWER CORP$8,088,621
AMGEN INC$8,057,842
L BRANDS INC$8,031,264
AMERICAN AIRLINES GROUP INC$7,982,810
SERVICENOW INC$7,898,125
MOLSON COORS BREWING CO$7,876,738
TD AMERITRADE HOLDING CORP$7,558,488
PAYPAL HOLDINGS INC$7,401,120
DANAHER CORP$6,892,569
SIGNET JEWELERS LTD$6,429,401
NIELSEN HOLDINGS PLC$6,268,537
CIGNA CORP$6,094,098
ALEXION PHARMACEUTICALS INC$5,988,624
THERMO FISHER SCIENTIFIC INC$5,808,504
NETFLIX INC$5,657,184
INTERCONTINENTAL EXCHANGE INC$5,519,350
HOME DEPOT INC/THE$5,437,584
MARRIOTT INTERNATIONAL INC/MD$5,253,655
INTUIT INC$5,047,390
BROADCOM LTD$4,908,726
FISERV INC$4,879,511
STATE STREET CORP$4,827,332
AETNA INC$4,824,941
BIOGEN INC$4,487,904
ELECTRONIC ARTS INC$4,329,520
YUM! BRANDS INC$4,243,650
RED HAT INC$4,093,841
HUMANA INC$3,906,855
WILLIS TOWERS WATSON PLC$3,738,022
HONEYWELL INTERNATIONAL INC$3,632,832
FORTIVE CORP$3,627,452
GLOBAL PAYMENTS INC$3,544,695
ROSS STORES INC$3,136,406
ROPER TECHNOLOGIES INC$3,046,406
TESLA MOTORS INC$2,975,482
FIDELITY NATIONAL INFORMATION SERVICES INC$2,959,044
ROYAL CARIBBEAN CRUISES LTD$2,889,411
MCDONALDS CORP$2,603,796
WORKDAY INC$2,597,166
ALASKA AIR GROUP INC$2,575,170
SHERWIN-WILLIAMS CO/THE$2,449,930
MICROCHIP TECHNOLOGY INC$2,398,440
SOUTHWESTERN ENERGY CO$2,008,934
CHARLES SCHWAB CORP/THE$1,977,444
CELGENE CORP$1,968,915
FIRST REPUBLIC BANK/CA$1,894,333
STANLEY BLACK & DECKER INC$1,890,135
FERRARI NV$1,699,456
CTRIP.COM INTERNATIONAL LTD$1,680,939
EQUINIX INC$1,636,619
XILINX INC$1,635,918
DOLLAR GENERAL CORP$1,584,464
BALL CORP$1,342,078
S&P GLOBAL INC$1,329,995
NORTHROP GRUMMAN CORP$1,329,885
FLEETCOR TECHNOLOGIES INC$1,156,890
DELPHI AUTOMOTIVE PLC$1,152,808
ANTHEM INC$1,108,813
CONSTELLATION BRANDS INC$1,051,632
SYMANTEC CORP$968,500
ANALOG DEVICES INC$894,740
DELTA AIR LINES INC$885,531
ACTIVISION BLIZZARD INC$871,017
CANADIAN PACIFIC RAILWAY LTD$867,200
CINTAS CORP$819,720
PROGRESSIVE CORP/THE$754,075
HARRIS CORP$752,328
ZOETIS INC$733,930
LAM RESEARCH CORP$729,995
VANTIV INC$595,000
AMERIPRISE FINANCIAL INC$579,198
NEXTERA ENERGY INC$558,252
ASML HOLDING NV$524,175
BANK OF NEW YORK MELLON CORP/THE$497,316
UNITED CONTINENTAL HOLDINGS INC$444,448
MONSTER BEVERAGE CORP$382,338
SBA COMMUNICATIONS CORP$345,796
KLA-TENCOR CORP$334,946
VMWARE INC$280,314
AGILENT TECHNOLOGIES INC$278,923
ILLUMINA INC$275,160
OREILLY AUTOMOTIVE INC$262,422
CSX CORP$257,193
FEDEX CORP$180,648
LOWES COS INC$167,895
AMERICAN EXPRESS CO$162,384
REGENERON PHARMACEUTICALS INC$161,048
STARBUCKS CORP$131,616
TAPESTRY INC$114,660
COSTCO WHOLESALE CORP$112,756
IHS MARKIT LTD$70,221
TEXTRON INC$63,288
RAYTHEON CO$54,060
SHIRE PLC$53,737
CME GROUP INC$41,151
MGM RESORTS INTERNATIONAL$31,350
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1.5% 10/31/2019$53,950,767
UNITED STATES TREASURY NOTE/BOND 1.25% 08/31/2019$51,889,170
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/2019$48,832,519
UNITED STATES TREASURY NOTE/BOND 1.375% 09/15/2020$17,239,594
UNITED STATES TREASURY NOTE/BOND 1.375% 09/30/2019$7,669,771
ALLY AUTO RECEIVABLES TRUST 2017-4 1.75% 12/15/2021$6,810,509
BPCE SA 2.082% 05/31/2022$6,578,093
DOMINOS PIZZA MASTER ISSUER LLC 2.486% 07/25/2047$6,463,849
EVERGREEN CREDIT CARD TRUST SERIES 2016-1 1.424% 04/15/2020$6,017,863
NISSAN MASTER OWNER TRUST RECEIVABLES 1.54% 06/15/2021$5,964,742
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4 4% 05/25/2057$5,624,884
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.974% 10/25/2029$5,547,034
WESTPAC BANKING CORP 2.25% 01/17/2019$5,276,342
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 4% 04/25/2057$5,274,876
HEWLETT PACKARD ENTERPRISE CO 3.6% 10/15/2020$5,173,593
BMW VEHICLE LEASE TRUST 1.98% 05/20/2020$4,939,481
BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD 2.375% 01/15/2020$4,779,065
AMERICAN EXPRESS CREDIT CORP 2.125% 03/18/2019$4,718,428
CHESAPEAKE FUNDING II LLC 1.91% 08/15/2029$4,710,222
ABN AMRO BANK NV 2.1% 01/18/2019$4,672,843
DISCOVER CARD EXECUTION NOTE TRUST 1.252% 07/15/2024$4,670,149
COMMONBOND STUDENT LOAN TRUST 2017-A-GS 1.926% 05/25/2041$4,634,189
STARWOOD WAYPOINT HOMES 2017-1 TRUST 2.2% 01/17/2035$4,570,761
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.127% 09/25/2029$4,264,994
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.186% 10/25/2029$4,202,030
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.606% 04/25/2028$4,136,046
CHESAPEAKE FUNDING II LLC 2.12% 11/15/2029$4,080,775
VERIZON COMMUNICATIONS INC 1.722% 05/22/2020$3,966,394
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 0% 03/25/2030$3,824,259
NATIONAL AUSTRALIA BANK LTD/NEW YORK 2.25% 01/10/2020$3,799,510
FEDERATION DES CAISSES DESJARDINS DU QUEBEC 2.25% 10/30/2020$3,751,204
COLONY AMERICAN HOMES 2015-1 1.75% 07/17/2032$3,732,223
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.042% 01/25/2029$3,724,849
SOFI CONSUMER LOAN PROGRAM 2017-5 LLC 2.14% 09/25/2026$3,717,114
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.5% 02/28/2020$3,703,520
SEQUOIA MORTGAGE TRUST 2017-CH1 3.5% 10/25/2047$3,702,642
DNB BANK ASA 2.125% 10/02/2020$3,677,894
FEDERAL HOME LOAN BANKS 1.25% 01/16/2019$3,677,052
FIRST INVESTORS AUTO OWNER TRUST 2017-2 1.86% 10/15/2021$3,540,654
KINDER MORGAN FINANCE CO LLC 6% 01/15/2018$3,529,637
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.35% 03/04/2019$3,466,326
ROYAL BANK OF SCOTLAND GROUP PLC 2.652% 05/15/2023$3,386,321
MORGAN STANLEY 2.21% 01/20/2022$3,372,810
SABINE PASS LIQUEFACTION LLC 5.625% 02/01/2021$3,333,593
BECTON DICKINSON AND CO 2.346% 06/06/2022$3,332,824
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$3,329,175
BAT CAPITAL CORP 2.297% 08/14/2020$3,323,424
GOSFORTH FUNDING 2017-1 PLC 1.787% 12/19/2059$3,322,548
INTERNATIONAL LEASE FINANCE CORP 6.25% 05/15/2019$3,288,508
DXC TECHNOLOGY CO 2.264% 03/01/2021$3,281,465
ATHENE GLOBAL FUNDING 2.529% 07/01/2022$3,262,589
NATIONAL AUSTRALIA BANK LTD/NEW YORK 2% 01/14/2019$3,256,675
NISSAN MOTOR ACCEPTANCE CORP 1.961% 03/08/2019$3,232,048
UBS GROUP FUNDING SWITZERLAND AG 2.376% 05/23/2023$3,219,322
GENERAL MOTORS FINANCIAL CO INC 3.2% 07/13/2020$3,212,615
WESTPAC BANKING CORP 2.15% 03/06/2020$3,193,071
JPMORGAN CHASE & CO 6.3% 04/23/2019$3,186,828
CELGENE CORP 2.25% 08/15/2021$3,170,140
GOLDMAN SACHS GROUP INC/THE 3% 04/26/2022$3,161,750
CAPITAL ONE FINANCIAL CORP 2.056% 03/09/2022$3,149,392
CAPITAL ONE NA/MCLEAN VA 2.35% 01/31/2020$3,120,194
BANK OF AMERICA CORP 2.153% 04/24/2023$3,099,277
MVW OWNER TRUST 2017-1 2.42% 12/20/2034$3,081,034
BOSTON PROPERTIES LP 3.7% 11/15/2018$3,071,607
DAIMLER FINANCE NORTH AMERICA LLC 2.3% 01/06/2020$3,033,119
CITIGROUP INC 2.7% 03/30/2021$3,027,741
BANCO SANTANDER SA 3.125% 02/23/2023$3,014,399
MYLAN NV 2.5% 06/07/2019$3,010,169
CENOVUS ENERGY INC 5.7% 10/15/2019$3,005,829
WELLS FARGO BANK NA 1.8% 11/28/2018$3,002,593
ABN AMRO BANK NV 1.8% 09/20/2019$2,989,530
PHILIP MORRIS INTERNATIONAL INC 1.625% 02/21/2019$2,989,336
TCF AUTO RECEIVABLES OWNER TRUST 2016-PT1 3.21% 01/17/2023$2,988,450
TCF AUTO RECEIVABLES OWNER TRUST 2016-PT1 2.92% 10/17/2022$2,987,690
CAPITAL ONE NA/MCLEAN VA 1.85% 09/13/2019$2,982,582
BANK OF AMERICA CORP 2.65% 04/01/2019$2,975,215
FORD CREDIT AUTO OWNER TRUST 2016-C 1.22% 03/15/2021$2,975,076
TOYOTA MOTOR CREDIT CORP 1.7% 01/09/2019$2,958,842
SINOPEC GROUP OVERSEAS DEVELOPMENT 2017 LTD 2.375% 04/12/2020$2,954,037
CITIGROUP INC 2.45% 01/10/2020$2,938,021
PRINCIPAL LIFE GLOBAL FUNDING II 2.15% 01/10/2020$2,930,996
FORD MOTOR CREDIT CO LLC 2.459% 03/27/2020$2,913,667
ARES CAPITAL CORP 4.875% 11/30/2018$2,876,011
MORGAN STANLEY 2.243% 07/22/2022$2,825,832
MACQUARIE BANK LTD 2.35% 01/15/2019$2,809,679
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$2,800,399
GENERAL MOTORS FINANCIAL CO INC 2.573% 01/14/2022$2,761,750
GENERAL MOTORS FINANCIAL CO INC 3.5% 07/10/2019$2,729,733
CITIBANK NA 2% 03/20/2019$2,719,444
SUMITOMO MITSUI BANKING CORP 1.966% 01/11/2019$2,686,404
TIME WARNER CABLE INC 6.75% 07/01/2018$2,683,240
JPMORGAN CHASE & CO 1% 06/01/2021$2,681,484
TOYOTA MOTOR CREDIT CORP 2.1% 01/17/2019$2,672,033
BECTON DICKINSON AND CO 2.133% 06/06/2019$2,663,100
DOW CHEMICAL CO/THE 8.55% 05/15/2019$2,636,335
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.895% 11/25/2029$2,626,386
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2.2% 07/20/2020$2,610,244
METROPOLITAN LIFE GLOBAL FUNDING I 1.75% 12/19/2018$2,597,551
VERIZON COMMUNICATIONS INC 2.137% 03/16/2022$2,579,227
MIZUHO FINANCIAL GROUP INC 1.994% 02/28/2022$2,528,349
MORGAN STANLEY 5.5% 01/26/2020$2,528,076
VALERO ENERGY CORP 9.375% 03/15/2019$2,523,687
REPUBLIC SERVICES INC 3.8% 05/15/2018$2,503,283
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$2,491,167
CITIBANK NA 1.85% 09/18/2019$2,491,166
CITIGROUP INC 2.4% 02/18/2020$2,484,138
ANZ NEW ZEALAND INTL LTD/LONDON 2.6% 09/23/2019$2,425,146
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.986% 02/25/2030$2,351,746
JP MORGAN MORTGAGE TRUST 2017-1 3.5% 01/25/2047$2,331,542
WELLS FARGO & CO 1.964% 02/11/2022$2,320,160
GOLDMAN SACHS GROUP INC/THE 2.3% 12/13/2019$2,317,130
AMERICAN EXPRESS CREDIT CORP 2.2% 03/03/2020$2,302,525
CK HUTCHISON INTERNATIONAL 17 II LTD 2.25% 09/29/2020$2,273,470
MAJAPAHIT HOLDING BV 7.75% 01/20/2020$2,234,726
BPCE SA 2.25% 01/27/2020$2,211,977
VMWARE INC 2.3% 08/21/2020$2,211,815
AIR LIQUIDE FINANCE SA 1.375% 09/27/2019$2,174,682
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$2,153,775
ASCIANO FINANCE LTD 5% 04/07/2018$2,145,581
PHILIP MORRIS INTERNATIONAL INC 1.875% 01/15/2019$2,143,099
ROYAL BANK OF CANADA 2.15% 03/15/2019$2,111,880
DTE ENERGY CO 1.5% 10/01/2019$2,105,238
CREDIT AGRICOLE SA/LONDON 3.375% 01/10/2022$2,086,507
ICICI BANK LTD/HONG KONG 5.75% 11/16/2020$2,083,097
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$2,034,000
DANSKE BANK A/S 1.526% 09/06/2019$2,013,759
FIFTH THIRD BANK/CINCINNATI OH 2.375% 04/25/2019$2,012,569
SYNCHRONY FINANCIAL 2.6% 01/15/2019$2,011,716
ANHEUSER-BUSCH INBEV WORLDWIDE INC 5.375% 01/15/2020$2,008,439
CATERPILLAR FINANCIAL SERVICES CORP 1.9% 03/22/2019$2,004,513
INVITATION HOMES 2014-SFR2 TRUST 2.372% 09/17/2031$2,002,030
BANK OF AMERICA CORP 2.369% 07/21/2021$1,969,320
PNC BANK NA 2.45% 11/05/2020$1,956,355
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.184% 12/25/2027$1,954,454
IBM CREDIT LLC 1.625% 09/06/2019$1,953,411
SUMITOMO MITSUI BANKING CORP 2.092% 10/18/2019$1,940,097
HEWLETT PACKARD ENTERPRISE CO 2.1% 10/04/2019$1,908,498
21ST CENTURY FOX AMERICA INC 7.25% 05/18/2018$1,903,727
SUMITOMO MITSUI TRUST BANK LTD 2.05% 03/06/2019$1,900,554
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 2.225% 01/17/2020$1,886,243
SUNCORP-METWAY LTD 2.1% 05/03/2019$1,856,981
FORD MOTOR CREDIT CO LLC 2.681% 01/09/2020$1,831,868
UBS AG/LONDON 2.2% 06/08/2020$1,797,529
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.986% 02/25/2030$1,790,023
ATHENE GLOBAL FUNDING 2.75% 04/20/2020$1,742,067
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2017-2 1.98% 12/20/2021$1,741,454
VIETNAM GOVERNMENT INTERNATIONAL BOND 6.75% 01/29/2020$1,734,572
BANK OF AMERICA CORP 2.328% 10/01/2021$1,725,245
HESS CORP 8.125% 02/15/2019$1,691,835
LENNAR CORP 4.125% 01/15/2022$1,682,775
ENTERPRISE FLEET FINANCING LLC 1.97% 01/20/2023$1,670,455
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$1,666,621
SANTANDER HOLDINGS USA INC 3.7% 03/28/2022$1,628,483
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2017-1 2.7% 10/17/2022$1,615,625
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$1,598,086
JC PENNEY CORP INC 5.65% 06/01/2020$1,586,250
VIASAT INC 5.625% 09/15/2025$1,585,350
PHILIP MORRIS INTERNATIONAL INC 2% 02/21/2020$1,580,503
TEVA PHARMACEUTICAL FINANCE IV LLC 2.25% 03/18/2020$1,559,802
LIQUID TELECOMMUNICATIONS FINANCING PLC 8.5% 07/13/2022$1,558,563
BANK OF AMERICA CORP 6.875% 11/15/2018$1,551,078
COMMONWEALTH BANK OF AUSTRALIA 5% 03/19/2020$1,545,184
MOLSON COORS BREWING CO 1.9% 03/15/2019$1,541,958
NIELSEN FINANCE LLC / NIELSEN FINANCE CO 4.5% 10/01/2020$1,524,375
CELGENE CORP 2.875% 08/15/2020$1,524,184
BP CAPITAL MARKETS PLC 2.315% 02/13/2020$1,512,680
FONDO MIVIVIENDA SA 3.5% 01/31/2023$1,512,042
ABU DHABI GOVERNMENT INTERNATIONAL BOND 2.5% 10/11/2022$1,511,316
ENERGY TRANSFER EQUITY LP 4.25% 03/15/2023$1,489,215
KINDER MORGAN INC/DE 2.589% 01/15/2023$1,487,134
21ST CENTURY FOX AMERICA INC 6.9% 03/01/2019$1,484,178
AUTOZONE INC 1.625% 04/21/2019$1,482,165
NORTHROP GRUMMAN CORP 2.08% 10/15/2020$1,466,069
SHERWIN-WILLIAMS CO/THE 2.25% 05/15/2020$1,444,297
NBCUNIVERSAL ENTERPRISE INC 1.974% 04/15/2019$1,433,318
MGM RESORTS INTERNATIONAL 5.25% 03/31/2020$1,424,250
PULTEGROUP INC 4.25% 03/01/2021$1,421,588
AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 3.5% 05/26/2022$1,419,450
TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PARTNERS FINANCE CORP 4.125% 11/15/2019$1,414,875
GENERAL MOTORS FINANCIAL CO INC 2.65% 04/13/2020$1,412,858
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 1.658% 09/23/2019$1,411,734
ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 6.25% 02/01/2022$1,403,650
VULCAN MATERIALS CO 1.846% 06/15/2020$1,389,222
ING GROEP NV 2.302% 03/29/2022$1,379,097
FORD MOTOR CREDIT CO LLC 2.738% 03/28/2022$1,370,198
PERUSAHAAN PENERBIT SBSN INDONESIA III 3.4% 03/29/2022$1,367,805
NOKIA OYJ 3.375% 06/12/2022$1,358,300
TECH DATA CORP 3.7% 02/15/2022$1,342,281
DAIWA SECURITIES GROUP INC 3.129% 04/19/2022$1,339,855
SLM CORP 5.125% 04/05/2022$1,308,825
TAKEDA PHARMACEUTICAL CO LTD 2.45% 01/18/2022$1,283,585
BANK OF AMERICA CORP 6.5% 07/15/2018$1,275,989
BPCE SA 2.392% 05/22/2022$1,268,183
ORANGE SA 2.75% 02/06/2019$1,264,054
ALLY AUTO RECEIVABLES TRUST 2016-1 1.73% 11/16/2020$1,248,648
SENEGAL GOVERNMENT INTERNATIONAL BOND 8.75% 05/13/2021$1,242,431
DAIMLER FINANCE NORTH AMERICA LLC 1.5% 07/05/2019$1,241,579
CARDINAL HEALTH INC 1.948% 06/14/2019$1,227,963
PHILLIPS 66 1.906% 04/15/2020$1,227,453
MANUFACTURERS & TRADERS TRUST CO 2.05% 08/17/2020$1,192,881
NISSAN MOTOR ACCEPTANCE CORP 2.15% 09/28/2020$1,191,662
FORD MOTOR CREDIT CO LLC 2.375% 03/12/2019$1,160,711
ABBOTT LABORATORIES 2.35% 11/22/2019$1,157,684
SEAGATE HDD CAYMAN 4.25% 03/01/2022$1,139,410
SMITHFIELD FOODS INC 2.65% 10/03/2021$1,131,512
SMBC AVIATION CAPITAL FINANCE DAC 3% 07/15/2022$1,123,626
SUMITOMO MITSUI TRUST BANK LTD 1.95% 09/19/2019$1,115,549
GILEAD SCIENCES INC 1.85% 09/20/2019$1,104,056
MIZUHO BANK LTD 2.4% 03/26/2020$1,093,400
HUNTINGTON NATIONAL BANK/THE 2.375% 03/10/2020$1,091,187
BP CAPITAL MARKETS PLC 1.768% 09/19/2019$1,074,439
DELTA AIR LINES INC 2.875% 03/13/2020$1,050,881
ASTORIA FINANCIAL CORP 3.5% 06/08/2020$1,035,088
MCLAREN FINANCE PLC 5.75% 08/01/2022$1,032,100
NOBLE HOLDING INTERNATIONAL LTD 7.75% 01/15/2024$1,012,500
QUALCOMM INC 1.85% 05/20/2019$1,011,352
KINDER MORGAN ENERGY PARTNERS LP 2.65% 02/01/2019$1,007,370
CHENIERE ENERGY PARTNERS LP 5.25% 10/01/2025$1,006,688
CATERPILLAR FINANCIAL SERVICES CORP 2.1% 01/10/2020$989,330
DOMINION ENERGY INC 1.771% 06/01/2019$988,477
EQT CORP 2.5% 10/01/2020$915,269
GLENCORE FUNDING LLC 3% 10/27/2022$901,764
ENSTAR GROUP LTD 4.5% 03/10/2022$900,955
CITIZENS BANK NA/PROVIDENCE RI 2.25% 03/02/2020$886,527
ASTON MARTIN CAPITAL HOLDINGS LTD 6.5% 04/15/2022$863,663
ANHEUSER-BUSCH INBEV WORLDWIDE INC 2.2% 08/01/2018$853,440
MARTIN MARIETTA MATERIALS INC 1.822% 05/22/2020$850,263
HONEYWELL INTERNATIONAL INC 1.8% 10/30/2019$849,470
AMERICAN EXPRESS CREDIT CORP 1.875% 05/03/2019$834,545
FORD MOTOR CREDIT CO LLC 2.262% 03/28/2019$817,276
MOODYS CORP 2.75% 12/15/2021$806,276
NATIONAL AUSTRALIA BANK LTD 2.25% 07/01/2019$804,830
EI DU PONT DE NEMOURS & CO 2.2% 05/01/2020$778,252
CITIZENS BANK NA/PROVIDENCE RI 2.2% 05/26/2020$773,171
SMITHFIELD FOODS INC 2.7% 01/31/2020$757,927
FIFTH THIRD BANK/CINCINNATI OH 2.2% 10/30/2020$725,569
ANZ NEW ZEALAND INTL LTD/LONDON 2.2% 07/17/2020$720,085
DOMINION ENERGY INC 2.579% 07/01/2020$714,341
WM WRIGLEY JR CO 2.4% 10/21/2018$704,288
ONEOK INC 4.25% 02/01/2022$688,182
CBOE HOLDINGS INC 1.95% 06/28/2019$683,299
TTX CO 2.25% 02/01/2019$675,980
ROGERS COMMUNICATIONS INC 6.8% 08/15/2018$644,315
RYDER SYSTEM INC 2.45% 11/15/2018$612,471
ANADARKO PETROLEUM CORP 8.7% 03/15/2019$597,760
ING BANK NV 2.05% 08/17/2018$596,125
PITNEY BOWES INC 4.7% 04/01/2023$562,440
RYDER SYSTEM INC 2.35% 02/26/2019$551,598
CATERPILLAR FINANCIAL SERVICES CORP 7.15% 02/15/2019$533,795
ISTAR INC 4.625% 09/15/2020$532,350
NISSAN MOTOR ACCEPTANCE CORP 1.477% 09/13/2019$502,293
DAIMLER FINANCE NORTH AMERICA LLC 2.2% 05/05/2020$495,256
MALLINCKRODT INTERNATIONAL FINANCE SA 3.5% 04/15/2018$466,744
UNITED STATES TREASURY NOTE/BOND 1.5% 08/15/2020$444,529
DXC TECHNOLOGY CO 2.875% 03/27/2020$440,872
B&G FOODS INC 4.625% 06/01/2021$327,200
PETRO-CANADA 6.05% 05/15/2018$286,488
NEWELL BRANDS INC 2.6% 03/29/2019$263,107
GOLDMAN SACHS GROUP INC/THE 1.65% 12/15/2017$250,197
FOREST LABORATORIES LLC 4.375% 02/01/2019$62,425
 
Short-Term/Cash
Holding NameMarket Value
BLACKROCK TEMP FUND$56,312,739
FIDELITY INSTITUTIONAL MONEY MARKET$24,925,524
 
Other
Holding NameMarket Value
S&P 500 FUTURE EQUITY INDEX DEC17 (SPZ7) INDEX$23,331,759
US 5YR NOTE (CBT) BOND DEC17 (FVZ7) COMDTY$128,303
BRITISH POUND$22
US 2YR NOTE (CBT) BOND DEC17 (TUZ7) COMDTY$-30,403
EURO-BOBL FUTURE BOND DEC17 (OEZ7) COMDTY$-31,586
EURO$-71,903
USD$-25,012,136
USD$-31,387,603
All Holdings As of Sep 30, 2017
Equity
Holding NameMarket Value
AMAZON.COM INC$38,742,405
JPMORGAN CHASE & CO$33,176,736
CITIGROUP INC$31,341,629
FACEBOOK INC$28,278,985
CHEVRON CORP$25,874,088
CISCO SYSTEMS INC$22,911,211
WELLS FARGO & CO$21,757,723
ALPHABET INC$21,535,856
PRICELINE GROUP INC/THE$21,021,475
INTEL CORP$20,487,459
MICROSOFT CORP$20,224,035
ALIBABA GROUP HOLDING LTD$19,799,129
BANK OF AMERICA CORP$18,298,267
VISA INC$16,806,828
QUALCOMM INC$16,311,871
VERTEX PHARMACEUTICALS INC$14,996,313
DOWDUPONT INC$14,915,673
HILTON WORLDWIDE HOLDINGS INC$14,426,987
UNION PACIFIC CORP$14,259,323
BRITISH AMERICAN TOBACCO PLC$14,108,017
MASTERCARD INC$13,781,120
NETAPP INC$13,723,136
PHILIP MORRIS INTERNATIONAL INC$13,584,849
UNITEDHEALTH GROUP INC$13,533,235
PULTEGROUP INC$13,401,785
COGNIZANT TECHNOLOGY SOLUTIONS CORP$13,292,012
BRISTOL-MYERS SQUIBB CO$13,268,565
XL GROUP LTD$13,069,627
BOEING CO/THE$13,066,394
UNILEVER NV$12,971,088
PNC FINANCIAL SERVICES GROUP INC/THE$12,869,592
PRINCIPAL FINANCIAL GROUP INC$12,702,453
MERCK & CO INC$12,627,292
HALLIBURTON CO$12,545,983
ALLERGAN PLC$12,443,539
NORWEGIAN CRUISE LINE HOLDINGS LTD$12,432,149
INVESCO LTD$12,237,335
FORTUNE BRANDS HOME & SECURITY INC$12,165,470
MORGAN STANLEY$11,589,702
LIBERTY INTERACTIVE CORP QVC GROUP$11,578,715
ROCHE HOLDING AG$11,449,920
INTERNATIONAL PAPER CO$11,293,770
KINDER MORGAN INC/DE$11,218,382
EOG RESOURCES INC$11,201,234
UNITED TECHNOLOGIES CORP$11,177,691
INGERSOLL-RAND PLC$11,057,258
ING GROEP NV$10,986,959
TENCENT HOLDINGS LTD$10,982,638
NOKIA OYJ$10,924,623
SEMPRA ENERGY$10,846,573
ASTRAZENECA PLC$10,537,120
M&T BANK CORP$10,418,161
EATON CORP PLC$10,356,744
PARK HOTELS & RESORTS INC$10,214,425
MARSH & MCLENNAN COS INC$10,040,606
ALPHABET INC$9,834,572
VIACOM INC$9,831,028
MEDTRONIC PLC$9,819,396
CATERPILLAR INC$9,607,534
SYNCHRONY FINANCIAL$9,360,737
APPLE INC$8,954,372
PIONEER NATURAL RESOURCES CO$8,944,908
AMGEN INC$8,574,276
SALESFORCE.COM INC$8,538,588
CHUBB LTD$8,471,461
NASDAQ OMX GROUP INC/THE$8,416,345
EDISON INTERNATIONAL$8,401,884
BRIXMOR PROPERTY GROUP INC$8,350,960
BLACKROCK INC$8,182,194
DOMINION RESOURCES INC/VA$8,131,655
SCHNEIDER NATIONAL INC$8,092,686
AGRIUM INC$8,029,386
LYONDELLBASELL INDUSTRIES NV$8,023,050
AMERICAN TOWER CORP$7,995,780
AMERICAN AIRLINES GROUP INC$7,916,583
XCEL ENERGY INC$7,873,527
INTUITIVE SURGICAL INC$7,844,100
MONDELEZ INTERNATIONAL INC$7,834,328
THOMSON REUTERS CORP$7,822,081
REGAL ENTERTAINMENT GROUP$7,635,200
ALEXION PHARMACEUTICALS INC$7,491,907
STRYKER CORP$7,427,646
SERVICENOW INC$7,345,625
TD AMERITRADE HOLDING CORP$7,222,400
PAYPAL HOLDINGS INC$6,691,135
BECTON DICKINSON AND CO$6,548,649
SIGNET JEWELERS LTD$6,525,494
DANAHER CORP$6,407,766
NIELSEN HOLDINGS PLC$6,180,195
L BRANDS INC$6,100,026
INTERCONTINENTAL EXCHANGE INC$6,066,210
CELGENE CORP$5,453,668
THERMO FISHER SCIENTIFIC INC$5,423,796
HOME DEPOT INC/THE$5,364,768
CIGNA CORP$5,271,708
STATE STREET CORP$5,245,146
NETFLIX INC$5,222,880
BIOGEN INC$4,947,296
FISERV INC$4,861,792
MARRIOTT INTERNATIONAL INC/MD$4,726,956
AETNA INC$4,639,435
BROADCOM LTD$4,511,244
ELECTRONIC ARTS INC$4,415,444
INTUIT INC$4,392,126
YUM! BRANDS INC$4,195,770
HUMANA INC$3,898,080
RED HAT INC$3,756,048
TESLA MOTORS INC$3,675,353
FORTIVE CORP$3,553,658
ALASKA AIR GROUP INC$3,287,237
HONEYWELL INTERNATIONAL INC$3,274,194
ROSS STORES INC$3,105,817
FIDELITY NATIONAL INFORMATION SERVICES INC$2,979,141
WILLIS TOWERS WATSON PLC$2,730,796
ROPER TECHNOLOGIES INC$2,726,080
CTRIP.COM INTERNATIONAL LTD$2,673,918
GLOBAL PAYMENTS INC$2,537,301
ROYAL CARIBBEAN CRUISES LTD$2,530,236
WORKDAY INC$2,466,126
MCDONALDS CORP$2,381,536
CHARLES SCHWAB CORP/THE$2,375,082
FIRST REPUBLIC BANK/CA$2,271,901
SOUTHWESTERN ENERGY CO$2,211,637
MICROCHIP TECHNOLOGY INC$2,181,654
DELPHI AUTOMOTIVE PLC$1,613,760
DOLLAR GENERAL CORP$1,588,580
EQUINIX INC$1,575,885
XILINX INC$1,572,426
FERRARI NV$1,568,816
SHERWIN-WILLIAMS CO/THE$1,539,572
STANLEY BLACK & DECKER INC$1,434,215
S&P GLOBAL INC$1,328,635
BALL CORP$1,291,121
NORTHROP GRUMMAN CORP$1,093,336
SYMANTEC CORP$977,738
CONSTELLATION BRANDS INC$957,360
MGM RESORTS INTERNATIONAL$866,894
ACTIVISION BLIZZARD INC$857,983
ANALOG DEVICES INC$844,466
EQUIFAX INC$844,104
CANADIAN PACIFIC RAILWAY LTD$840,150
FLEETCOR TECHNOLOGIES INC$773,850
ZOETIS INC$733,240
WALGREENS BOOTS ALLIANCE INC$718,146
HARRIS CORP$711,072
STARBUCKS CORP$708,972
IHS MARKIT LTD$707,396
PROGRESSIVE CORP/THE$697,248
CINTAS CORP$678,116
LAM RESEARCH CORP$647,640
ROCKWELL COLLINS INC$627,408
VANTIV INC$598,995
UNITED CONTINENTAL HOLDINGS INC$535,744
NEXTERA ENERGY INC$527,580
BANK OF NEW YORK MELLON CORP/THE$524,898
KLA-TENCOR CORP$477,000
OREILLY AUTOMOTIVE INC$375,605
MONSTER BEVERAGE CORP$364,650
SBA COMMUNICATIONS CORP$316,910
ILLUMINA INC$267,127
AGILENT TECHNOLOGIES INC$263,220
FEDEX CORP$180,464
REGENERON PHARMACEUTICALS INC$178,848
RAYTHEON CO$167,922
LOWES COS INC$167,874
CITIZENS FINANCIAL GROUP INC$159,054
DELTA AIR LINES INC$135,016
COSTCO WHOLESALE CORP$115,003
COACH INC$112,784
ASML HOLDING NV$102,720
AMERICAN EXPRESS CO$99,506
AMERIPRISE FINANCIAL INC$89,106
CHARTER COMMUNICATIONS INC$73,774
CSX CORP$70,538
TEXTRON INC$64,656
SHIRE PLC$55,743
CME GROUP INC$40,704
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1.25% 08/31/2019$56,041,987
UNITED STATES TREASURY NOTE/BOND 1.25% 06/30/2019$53,866,314
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/2019$48,927,265
UNITED STATES TREASURY NOTE/BOND 1.375% 09/15/2020$11,982,760
ALLY AUTO RECEIVABLES TRUST 2017-4 1.75% 12/15/2021$6,820,604
BPCE SA 2.082% 05/31/2022$6,567,406
DOMINOS PIZZA MASTER ISSUER LLC 2.486% 07/25/2047$6,470,640
EVERGREEN CREDIT CARD TRUST SERIES 2016-1 1.424% 04/15/2020$6,018,961
NISSAN MASTER OWNER TRUST RECEIVABLES 1.54% 06/15/2021$5,970,436
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4 4% 05/25/2057$5,791,851
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.974% 10/25/2029$5,686,758
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 4% 04/25/2057$5,445,459
WESTPAC BANKING CORP 2.25% 01/17/2019$5,281,526
HEWLETT PACKARD ENTERPRISE CO 3.6% 10/15/2020$5,186,351
BMW VEHICLE LEASE TRUST 1.98% 05/20/2020$4,945,662
BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD 2.375% 01/15/2020$4,778,883
COMMONBOND STUDENT LOAN TRUST 2017-A-GS 1.926% 05/25/2041$4,748,964
AMERICAN EXPRESS CREDIT CORP 2.125% 03/18/2019$4,726,582
CHESAPEAKE FUNDING II LLC 1.91% 08/15/2029$4,715,220
ABN AMRO BANK NV 2.1% 01/18/2019$4,673,937
DISCOVER CARD EXECUTION NOTE TRUST 1.252% 07/15/2024$4,673,169
STARWOOD WAYPOINT HOMES 2017-1 TRUST 2.2% 01/17/2035$4,574,914
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.127% 09/25/2029$4,286,824
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.606% 04/25/2028$4,283,585
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.186% 10/25/2029$4,214,320
VERIZON COMMUNICATIONS INC 1.722% 05/22/2020$3,946,954
SOFI CONSUMER LOAN PROGRAM 2017-5 LLC 2.14% 09/25/2026$3,930,132
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.042% 01/25/2029$3,918,200
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 0% 03/25/2030$3,841,369
NATIONAL AUSTRALIA BANK LTD/NEW YORK 2.25% 01/10/2020$3,803,331
COLONY AMERICAN HOMES 2015-1 1.75% 07/17/2032$3,760,634
SEQUOIA MORTGAGE TRUST 2017-CH1 3.5% 10/25/2047$3,733,996
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.5% 02/28/2020$3,712,467
FIRST INVESTORS AUTO OWNER TRUST 2017-2 1.86% 10/15/2021$3,707,147
FEDERAL HOME LOAN BANKS 1.25% 01/16/2019$3,681,476
DNB BANK ASA 2.125% 10/02/2020$3,679,407
KINDER MORGAN FINANCE CO LLC 6% 01/15/2018$3,539,158
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.35% 03/04/2019$3,470,216
ROYAL BANK OF SCOTLAND GROUP PLC 2.652% 05/15/2023$3,382,791
MORGAN STANLEY 2.21% 01/20/2022$3,368,306
BANK OF MONTREAL 2.1% 12/12/2019$3,343,022
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$3,336,246
BAT CAPITAL CORP 2.297% 08/14/2020$3,332,901
BECTON DICKINSON AND CO 2.346% 06/06/2022$3,330,171
SABINE PASS LIQUEFACTION LLC 5.625% 02/01/2021$3,326,000
GOSFORTH FUNDING 2017-1 PLC 1.787% 12/19/2059$3,322,510
INTERNATIONAL LEASE FINANCE CORP 6.25% 05/15/2019$3,296,221
DXC TECHNOLOGY CO 2.264% 03/01/2021$3,282,822
NATIONAL AUSTRALIA BANK LTD/NEW YORK 2% 01/14/2019$3,259,514
IBM CREDIT LLC 1.625% 09/06/2019$3,258,423
ATHENE GLOBAL FUNDING 2.529% 07/01/2022$3,247,579
NISSAN MOTOR ACCEPTANCE CORP 1.961% 03/08/2019$3,236,095
GENERAL MOTORS FINANCIAL CO INC 3.2% 07/13/2020$3,217,764
UBS GROUP FUNDING SWITZERLAND AG 2.376% 05/23/2023$3,216,481
JPMORGAN CHASE & CO 6.3% 04/23/2019$3,201,946
WESTPAC BANKING CORP 2.15% 03/06/2020$3,197,021
CELGENE CORP 2.25% 08/15/2021$3,187,092
GOLDMAN SACHS GROUP INC/THE 3% 04/26/2022$3,167,777
CAPITAL ONE NA/MCLEAN VA 2.35% 01/31/2020$3,133,205
CAPITAL ONE FINANCIAL CORP 2.056% 03/09/2022$3,132,061
MVW OWNER TRUST 2017-1 2.42% 12/20/2034$3,117,211
BANK OF AMERICA CORP 2.153% 04/24/2023$3,083,330
BOSTON PROPERTIES LP 3.7% 11/15/2018$3,075,789
CELGENE CORP 2.875% 08/15/2020$3,064,360
CITIGROUP INC 2.7% 03/30/2021$3,034,956
DAIMLER FINANCE NORTH AMERICA LLC 2.3% 01/06/2020$3,033,530
MYLAN NV 2.5% 06/07/2019$3,013,072
WELLS FARGO BANK NA 1.8% 11/28/2018$3,004,109
TCF AUTO RECEIVABLES OWNER TRUST 2016-PT1 3.21% 01/17/2023$2,994,896
PHILIP MORRIS INTERNATIONAL INC 1.625% 02/21/2019$2,993,545
TCF AUTO RECEIVABLES OWNER TRUST 2016-PT1 2.92% 10/17/2022$2,993,063
ABN AMRO BANK NV 1.8% 09/20/2019$2,987,940
CAPITAL ONE NA/MCLEAN VA 1.85% 09/13/2019$2,980,357
BANK OF AMERICA CORP 2.65% 04/01/2019$2,977,637
FORD CREDIT AUTO OWNER TRUST 2016-C 1.22% 03/15/2021$2,976,725
TOYOTA MOTOR CREDIT CORP 1.7% 01/09/2019$2,961,247
SINOPEC GROUP OVERSEAS DEVELOPMENT 2017 LTD 2.375% 04/12/2020$2,958,118
CITIGROUP INC 2.45% 01/10/2020$2,944,743
PRINCIPAL LIFE GLOBAL FUNDING II 2.15% 01/10/2020$2,923,138
FORD MOTOR CREDIT CO LLC 2.459% 03/27/2020$2,904,023
ARES CAPITAL CORP 4.875% 11/30/2018$2,876,294
MORGAN STANLEY 2.243% 07/22/2022$2,817,167
MACQUARIE BANK LTD 2.35% 01/15/2019$2,812,173
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$2,805,738
GENERAL MOTORS FINANCIAL CO INC 2.573% 01/14/2022$2,759,290
GENERAL MOTORS FINANCIAL CO INC 3.5% 07/10/2019$2,735,792
CITIBANK NA 2% 03/20/2019$2,724,590
TIME WARNER CABLE INC 6.75% 07/01/2018$2,694,611
SUMITOMO MITSUI BANKING CORP 1.966% 01/11/2019$2,688,236
JPMORGAN CHASE & CO 1% 06/01/2021$2,679,898
TOYOTA MOTOR CREDIT CORP 2.1% 01/17/2019$2,674,031
BECTON DICKINSON AND CO 2.133% 06/06/2019$2,669,419
DOW CHEMICAL CO/THE 8.55% 05/15/2019$2,651,107
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.895% 11/25/2029$2,643,394
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2.2% 07/20/2020$2,614,608
METROPOLITAN LIFE GLOBAL FUNDING I 1.75% 12/19/2018$2,597,327
VERIZON COMMUNICATIONS INC 2.137% 03/16/2022$2,563,181
MORGAN STANLEY 5.5% 01/26/2020$2,533,660
VALERO ENERGY CORP 9.375% 03/15/2019$2,533,138
MIZUHO FINANCIAL GROUP INC 1.994% 02/28/2022$2,519,925
REPUBLIC SERVICES INC 3.8% 05/15/2018$2,506,479
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$2,496,259
CITIBANK NA 1.85% 09/18/2019$2,494,910
CITIGROUP INC 2.4% 02/18/2020$2,489,834
ANZ NEW ZEALAND INTL LTD/LONDON 2.6% 09/23/2019$2,427,221
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.986% 02/25/2030$2,368,856
JP MORGAN MORTGAGE TRUST 2017-1 3.5% 01/25/2047$2,363,234
GOLDMAN SACHS GROUP INC/THE 2.3% 12/13/2019$2,321,174
WELLS FARGO & CO 1.964% 02/11/2022$2,317,421
AMERICAN EXPRESS CREDIT CORP 2.2% 03/03/2020$2,307,820
CK HUTCHISON INTERNATIONAL 17 II LTD 2.25% 09/29/2020$2,274,628
VMWARE INC 2.3% 08/21/2020$2,223,028
BPCE SA 2.25% 01/27/2020$2,212,448
AIR LIQUIDE FINANCE SA 1.375% 09/27/2019$2,176,222
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$2,157,923
ASCIANO FINANCE LTD 5% 04/07/2018$2,150,023
PHILIP MORRIS INTERNATIONAL INC 1.875% 01/15/2019$2,146,108
ROYAL BANK OF CANADA 2.15% 03/15/2019$2,111,845
DTE ENERGY CO 1.5% 10/01/2019$2,100,178
ICICI BANK LTD/HONG KONG 5.75% 11/16/2020$2,088,731
CREDIT AGRICOLE SA/LONDON 3.375% 01/10/2022$2,087,941
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.184% 12/25/2027$2,038,597
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$2,035,000
FIFTH THIRD BANK/CINCINNATI OH 2.375% 04/25/2019$2,016,994
ANHEUSER-BUSCH INBEV WORLDWIDE INC 5.375% 01/15/2020$2,014,415
SYNCHRONY FINANCIAL 2.6% 01/15/2019$2,013,402
DANSKE BANK A/S 1.526% 09/06/2019$2,010,720
CATERPILLAR FINANCIAL SERVICES CORP 1.9% 03/22/2019$2,006,316
INVITATION HOMES 2014-SFR2 TRUST 2.372% 09/17/2031$2,002,075
BANK OF AMERICA CORP 2.369% 07/21/2021$1,971,474
PNC BANK NA 1.7% 12/07/2018$1,938,134
HEWLETT PACKARD ENTERPRISE CO 2.1% 10/04/2019$1,911,581
21ST CENTURY FOX AMERICA INC 7.25% 05/18/2018$1,910,961
SUMITOMO MITSUI TRUST BANK LTD 2.05% 03/06/2019$1,902,029
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 2.225% 01/17/2020$1,888,494
SUNCORP-METWAY LTD 2.1% 05/03/2019$1,864,422
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.986% 02/25/2030$1,860,485
FORD MOTOR CREDIT CO LLC 2.681% 01/09/2020$1,830,679
UBS AG/LONDON 2.2% 06/08/2020$1,799,545
JC PENNEY CORP INC 5.65% 06/01/2020$1,775,250
ATHENE GLOBAL FUNDING 2.75% 04/20/2020$1,744,370
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2017-2 1.98% 12/20/2021$1,743,877
VIETNAM GOVERNMENT INTERNATIONAL BOND 6.75% 01/29/2020$1,739,762
BANK OF AMERICA CORP 2.328% 10/01/2021$1,727,627
ERAC USA FINANCE LLC 6.375% 10/15/2017$1,722,665
HESS CORP 8.125% 02/15/2019$1,702,428
LENNAR CORP 4.125% 01/15/2022$1,678,725
ENTERPRISE FLEET FINANCING LLC 1.97% 01/20/2023$1,670,715
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$1,666,944
SANTANDER HOLDINGS USA INC 3.7% 03/28/2022$1,621,595
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2017-1 2.7% 10/17/2022$1,617,858
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$1,596,492
PHILIP MORRIS INTERNATIONAL INC 2% 02/21/2020$1,582,444
VIASAT INC 5.625% 09/15/2025$1,577,628
TEVA PHARMACEUTICAL FINANCE IV LLC 2.25% 03/18/2020$1,571,767
BANK OF AMERICA CORP 6.875% 11/15/2018$1,556,054
COMMONWEALTH BANK OF AUSTRALIA 5% 03/19/2020$1,547,216
LIQUID TELECOMMUNICATIONS FINANCING PLC 8.5% 07/13/2022$1,544,849
MOLSON COORS BREWING CO 1.9% 03/15/2019$1,543,349
NIELSEN FINANCE LLC / NIELSEN FINANCE CO 4.5% 10/01/2020$1,520,625
FONDO MIVIVIENDA SA 3.5% 01/31/2023$1,519,220
BP CAPITAL MARKETS PLC 2.315% 02/13/2020$1,513,667
21ST CENTURY FOX AMERICA INC 6.9% 03/01/2019$1,490,505
AUTOZONE INC 1.625% 04/21/2019$1,482,409
KINDER MORGAN INC/DE 2.589% 01/15/2023$1,468,380
NAVIENT CORP 5.5% 01/15/2019$1,450,232
SHERWIN-WILLIAMS CO/THE 2.25% 05/15/2020$1,446,614
NBCUNIVERSAL ENTERPRISE INC 1.974% 04/15/2019$1,435,082
MGM RESORTS INTERNATIONAL 5.25% 03/31/2020$1,432,688
PULTEGROUP INC 4.25% 03/01/2021$1,416,480
TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PARTNERS FINANCE CORP 4.125% 11/15/2019$1,415,750
AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 3.5% 05/26/2022$1,414,564
GENERAL MOTORS FINANCIAL CO INC 2.65% 04/13/2020$1,411,361
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 1.658% 09/23/2019$1,410,954
ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 6.25% 02/01/2022$1,400,300
VULCAN MATERIALS CO 1.846% 06/15/2020$1,386,393
NOKIA OYJ 3.375% 06/12/2022$1,375,300
ING GROEP NV 2.302% 03/29/2022$1,374,909
PERUSAHAAN PENERBIT SBSN INDONESIA III 3.4% 03/29/2022$1,368,475
FORD MOTOR CREDIT CO LLC 2.738% 03/28/2022$1,359,420
DAIWA SECURITIES GROUP INC 3.129% 04/19/2022$1,341,491
SLM CORP 5.125% 04/05/2022$1,297,800
TAKEDA PHARMACEUTICAL CO LTD 2.45% 01/18/2022$1,285,342
BANK OF AMERICA CORP 6.5% 07/15/2018$1,280,229
BPCE SA 2.392% 05/22/2022$1,265,725
ORANGE SA 2.75% 02/06/2019$1,265,550
ALLY AUTO RECEIVABLES TRUST 2016-1 1.73% 11/16/2020$1,250,381
DAIMLER FINANCE NORTH AMERICA LLC 1.5% 07/05/2019$1,241,075
SENEGAL GOVERNMENT INTERNATIONAL BOND 8.75% 05/13/2021$1,237,789
CARDINAL HEALTH INC 1.948% 06/14/2019$1,231,001
PHILLIPS 66 1.906% 04/15/2020$1,226,859
CHEVRON CORP 1.686% 02/28/2019$1,215,624
NISSAN MOTOR ACCEPTANCE CORP 2.15% 09/28/2020$1,196,061
MANUFACTURERS & TRADERS TRUST CO 2.05% 08/17/2020$1,193,622
FORD MOTOR CREDIT CO LLC 2.375% 03/12/2019$1,162,143
ABBOTT LABORATORIES 2.35% 11/22/2019$1,159,968
SMITHFIELD FOODS INC 2.65% 10/03/2021$1,139,499
SMBC AVIATION CAPITAL FINANCE DAC 3% 07/15/2022$1,124,451
SUMITOMO MITSUI TRUST BANK LTD 1.95% 09/19/2019$1,117,052
SEAGATE HDD CAYMAN 4.25% 03/01/2022$1,114,841
GILEAD SCIENCES INC 1.85% 09/20/2019$1,106,191
MIZUHO BANK LTD 2.4% 03/26/2020$1,093,985
HUNTINGTON NATIONAL BANK/THE 2.375% 03/10/2020$1,091,922
BP CAPITAL MARKETS PLC 1.768% 09/19/2019$1,075,750
DELTA AIR LINES INC 2.875% 03/13/2020$1,052,314
ASTORIA FINANCIAL CORP 3.5% 06/08/2020$1,035,882
MCLAREN FINANCE PLC 5.75% 08/01/2022$1,033,000
QUALCOMM INC 1.85% 05/20/2019$1,013,122
KINDER MORGAN ENERGY PARTNERS LP 2.65% 02/01/2019$1,005,847
NOBLE HOLDING INTERNATIONAL LTD 7.75% 01/15/2024$1,004,063
CHENIERE ENERGY PARTNERS LP 5.25% 10/01/2025$999,375
CATERPILLAR FINANCIAL SERVICES CORP 2.1% 01/10/2020$990,571
DOMINION ENERGY INC 1.771% 06/01/2019$988,871
CENTURYLINK INC 6.45% 06/15/2021$977,571
EQT CORP 2.5% 10/01/2020$919,046
ENSTAR GROUP LTD 4.5% 03/10/2022$906,107
CITIZENS BANK NA/PROVIDENCE RI 2.25% 03/02/2020$886,671
ASTON MARTIN CAPITAL HOLDINGS LTD 6.5% 04/15/2022$871,665
ANHEUSER-BUSCH INBEV WORLDWIDE INC 2.2% 08/01/2018$854,034
MARTIN MARIETTA MATERIALS INC 1.822% 05/22/2020$848,744
AMERICAN EXPRESS CREDIT CORP 1.875% 05/03/2019$836,155
FORD MOTOR CREDIT CO LLC 2.262% 03/28/2019$817,410
MOODYS CORP 2.75% 12/15/2021$807,061
NATIONAL AUSTRALIA BANK LTD 2.25% 07/01/2019$806,262
EI DU PONT DE NEMOURS & CO 2.2% 05/01/2020$780,280
CITIZENS BANK NA/PROVIDENCE RI 2.2% 05/26/2020$775,375
SMITHFIELD FOODS INC 2.7% 01/31/2020$758,174
ANZ NEW ZEALAND INTL LTD/LONDON 2.2% 07/17/2020$720,881
DOMINION ENERGY INC 2.579% 07/01/2020$716,397
WM WRIGLEY JR CO 2.4% 10/21/2018$704,592
ONEOK INC 4.25% 02/01/2022$687,595
CBOE HOLDINGS INC 1.95% 06/28/2019$684,605
TTX CO 2.25% 02/01/2019$676,536
ROGERS COMMUNICATIONS INC 6.8% 08/15/2018$646,956
RYDER SYSTEM INC 2.45% 11/15/2018$613,608
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$600,735
ANADARKO PETROLEUM CORP 8.7% 03/15/2019$600,472
ING BANK NV 2.05% 08/17/2018$596,298
PITNEY BOWES INC 4.7% 04/01/2023$566,065
RYDER SYSTEM INC 2.35% 02/26/2019$552,892
CATERPILLAR FINANCIAL SERVICES CORP 7.15% 02/15/2019$536,120
ISTAR INC 4.625% 09/15/2020$533,000
NISSAN MOTOR ACCEPTANCE CORP 1.477% 09/13/2019$502,550
DAIMLER FINANCE NORTH AMERICA LLC 2.2% 05/05/2020$495,772
MALLINCKRODT INTERNATIONAL FINANCE SA 3.5% 04/15/2018$466,744
UNITED STATES TREASURY NOTE/BOND 1.5% 08/15/2020$445,717
DXC TECHNOLOGY CO 2.875% 03/27/2020$441,064
B&G FOODS INC 4.625% 06/01/2021$326,800
PETRO-CANADA 6.05% 05/15/2018$287,634
NEWELL BRANDS INC 2.6% 03/29/2019$263,185
GOLDMAN SACHS GROUP INC/THE 1.65% 12/15/2017$250,330
TECH DATA CORP 3.7% 02/15/2022$232,158
HYUNDAI CAPITAL AMERICA 2.55% 04/03/2020$214,753
FOREST LABORATORIES LLC 4.375% 02/01/2019$62,572
 
Short-Term/Cash
Holding NameMarket Value
BLACKROCK TEMP FUND$21,475,182
FIDELITY INSTITUTIONAL MONEY MARKET$21,475,182
 
Other
Holding NameMarket Value
S&P 500 FUTURE EQUITY INDEX DEC17 (SPZ7) INDEX$6,890,808
US 5YR NOTE (CBT) BOND DEC17 (FVZ7) COMDTY$92,053
USD$90,786
EURO-BOBL FUTURE BOND DEC17 (OEZ7) COMDTY$68,369
BRITISH POUND$22
EURO$-377
US 2YR NOTE (CBT) BOND DEC17 (TUZ7) COMDTY$-18,372
CURRENCY CONTRACT$-20,950
CURRENCY CONTRACT$-107,001
USD$-3,654,645
All Holdings As of Aug 31, 2017
Equity
Holding NameMarket Value
AMAZON.COM INC$39,322,060
JPMORGAN CHASE & CO$31,271,977
CITIGROUP INC$29,312,222
FACEBOOK INC$28,461,035
CHEVRON CORP$23,698,462
ALPHABET INC$21,373,515
PRICELINE GROUP INC/THE$21,265,583
CISCO SYSTEMS INC$20,942,072
WELLS FARGO & CO$20,148,085
MICROSOFT CORP$19,806,573
ALIBABA GROUP HOLDING LTD$19,275,754
INTEL CORP$18,205,223
BANK OF AMERICA CORP$16,622,901
VISA INC$16,532,144
QUALCOMM INC$15,804,253
VERTEX PHARMACEUTICALS INC$15,577,838
PHILIP MORRIS INTERNATIONAL INC$15,058,830
DOW CHEMICAL CO/THE$13,743,897
XL GROUP LTD$13,569,884
UNITEDHEALTH GROUP INC$13,545,090
ALLERGAN PLC$13,382,126
HILTON WORLDWIDE HOLDINGS INC$13,363,400
UNILEVER NV$13,072,150
MASTERCARD INC$13,010,080
BRITISH AMERICAN TOBACCO PLC$13,002,275
COGNIZANT TECHNOLOGY SOLUTIONS CORP$12,967,682
UNION PACIFIC CORP$12,947,372
NORWEGIAN CRUISE LINE HOLDINGS LTD$12,921,372
PULTEGROUP INC$12,661,328
MERCK & CO INC$12,593,767
BRISTOL-MYERS SQUIBB CO$12,589,940
PRINCIPAL FINANCIAL GROUP INC$11,817,968
BOEING CO/THE$11,791,272
NETAPP INC$11,524,546
PNC FINANCIAL SERVICES GROUP INC/THE$11,398,891
SEMPRA ENERGY$11,207,713
INVESCO LTD$10,897,350
LIBERTY INTERACTIVE CORP QVC GROUP$10,866,406
MORGAN STANLEY$10,838,100
UNITED TECHNOLOGIES CORP$10,773,962
TENCENT HOLDINGS LTD$10,755,565
INTERNATIONAL PAPER CO$10,707,417
ROCHE HOLDING AG$10,541,318
KINDER MORGAN INC/DE$10,532,917
NOKIA OYJ$10,408,109
ALPHABET INC$10,221,068
FORTUNE BRANDS HOME & SECURITY INC$10,214,463
HALLIBURTON CO$10,064,431
ING GROEP NV$10,027,369
INGERSOLL-RAND PLC$9,709,014
EATON CORP PLC$9,678,343
MEDTRONIC PLC$9,655,212
M&T BANK CORP$9,565,507
MARSH & MCLENNAN COS INC$9,533,724
APPLE INC$9,528,400
EOG RESOURCES INC$9,330,797
SYNCHRONY FINANCIAL$9,282,354
ASTRAZENECA PLC$9,277,518
CATERPILLAR INC$9,051,312
VIACOM INC$8,901,064
AMERICAN TOWER CORP$8,823,780
PARK HOTELS & RESORTS INC$8,738,973
EDISON INTERNATIONAL$8,729,598
SALESFORCE.COM INC$8,727,786
DOMINION RESOURCES INC/VA$8,326,147
BRIXMOR PROPERTY GROUP INC$8,315,424
XCEL ENERGY INC$8,236,256
NASDAQ OMX GROUP INC/THE$8,178,730
AMGEN INC$8,175,109
CHUBB LTD$7,909,338
BLACKROCK INC$7,668,302
INTUITIVE SURGICAL INC$7,635,492
STRYKER CORP$7,393,651
ALEXION PHARMACEUTICALS INC$7,369,290
AGRIUM INC$7,342,608
AMERICAN AIRLINES GROUP INC$7,310,516
THOMSON REUTERS CORP$7,287,098
SERVICENOW INC$7,261,875
PIONEER NATURAL RESOURCES CO$7,173,146
MONDELEZ INTERNATIONAL INC$7,155,306
BECTON DICKINSON AND CO$6,505,733
PAYPAL HOLDINGS INC$6,445,560
TD AMERITRADE HOLDING CORP$6,285,732
SIGNET JEWELERS LTD$6,184,266
SCHNEIDER NATIONAL INC$6,180,360
DANAHER CORP$5,931,162
NIELSEN HOLDINGS PLC$5,792,535
INTERCONTINENTAL EXCHANGE INC$5,710,361
LYONDELLBASELL INDUSTRIES NV$5,399,164
L BRANDS INC$5,309,852
THERMO FISHER SCIENTIFIC INC$5,252,458
CELGENE CORP$5,195,982
BROADCOM LTD$5,142,228
STATE STREET CORP$5,077,701
HOME DEPOT INC/THE$5,065,606
NETFLIX INC$5,031,648
CIGNA CORP$5,024,856
AETNA INC$4,869,303
HUMANA INC$4,765,970
BIOGEN INC$4,748,400
FISERV INC$4,663,867
YUM! BRANDS INC$4,616,882
ELECTRONIC ARTS INC$4,288,950
MARRIOTT INTERNATIONAL INC/MD$4,285,208
TESLA MOTORS INC$4,226,313
RED HAT INC$3,738,958
TRIUMPH GROUP INC$3,484,829
ALASKA AIR GROUP INC$3,382,098
INTUIT INC$3,366,510
FORTIVE CORP$3,261,494
HONEYWELL INTERNATIONAL INC$3,028,113
FIDELITY NATIONAL INFORMATION SERVICES INC$2,871,228
ROYAL CARIBBEAN CRUISES LTD$2,830,843
CTRIP.COM INTERNATIONAL LTD$2,608,515
ROPER TECHNOLOGIES INC$2,583,392
WORKDAY INC$2,566,746
ROSS STORES INC$2,478,280
MCDONALDS CORP$2,431,544
CHARLES SCHWAB CORP/THE$2,358,090
GLOBAL PAYMENTS INC$2,320,407
WILLIS TOWERS WATSON PLC$2,242,788
FIRST REPUBLIC BANK/CA$2,110,740
SOUTHWESTERN ENERGY CO$1,972,737
MICROCHIP TECHNOLOGY INC$1,866,200
DELPHI AUTOMOTIVE PLC$1,764,120
EQUINIX INC$1,653,956
FERRARI NV$1,625,758
EQUIFAX INC$1,595,664
MGM RESORTS INTERNATIONAL$1,460,128
SHERWIN-WILLIAMS CO/THE$1,323,153
ROCKWELL COLLINS INC$1,284,290
WALGREENS BOOTS ALLIANCE INC$1,271,400
BALL CORP$1,250,167
S&P GLOBAL INC$1,250,073
XILINX INC$1,109,808
DOLLAR GENERAL CORP$1,044,864
STANLEY BLACK & DECKER INC$1,036,800
NORTHROP GRUMMAN CORP$1,034,398
CONSTELLATION BRANDS INC$960,480
NEXTERA ENERGY INC$948,213
IHS MARKIT LTD$896,892
PROGRESSIVE CORP/THE$869,920
ANALOG DEVICES INC$819,966
ACTIVISION BLIZZARD INC$819,500
CANADIAN PACIFIC RAILWAY LTD$778,000
OREILLY AUTOMOTIVE INC$729,800
STARBUCKS CORP$724,152
ZOETIS INC$721,050
UNITED CONTINENTAL HOLDINGS INC$662,972
LAM RESEARCH CORP$580,930
KLA-TENCOR CORP$543,402
BANK OF NEW YORK MELLON CORP/THE$517,572
CINTAS CORP$513,038
SYMANTEC CORP$482,678
CITIZENS FINANCIAL GROUP INC$386,362
COACH INC$374,258
MONSTER BEVERAGE CORP$368,412
VANTIV INC$346,381
SBA COMMUNICATIONS CORP$337,810
CME GROUP INC$306,700
HARRIS CORP$294,960
ILLUMINA INC$274,181
AGILENT TECHNOLOGIES INC$265,352
FLEETCOR TECHNOLOGIES INC$230,032
COMCAST CORP$219,294
REGENERON PHARMACEUTICALS INC$198,760
FEDEX CORP$171,504
RAYTHEON CO$163,809
LOWES COS INC$155,169
DELTA AIR LINES INC$132,132
COSTCO WHOLESALE CORP$109,718
AMERIPRISE FINANCIAL INC$83,106
CHARTER COMMUNICATIONS INC$80,904
CSX CORP$65,260
TEXTRON INC$58,908
SHIRE PLC$54,378
EI DU PONT DE NEMOURS & CO$41,965
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1.25% 06/30/2019$53,983,493
UNITED STATES TREASURY NOTE/BOND 0.75% 10/31/2018$30,618,328
UNITED STATES TREASURY NOTE/BOND 1.375% 07/31/2019$29,030,020
UNITED STATES TREASURY NOTE/BOND 0.875% 06/15/2019$28,207,926
UNITED STATES TREASURY NOTE/BOND 1.25% 04/30/2019$15,335,609
FEDERAL HOME LOAN BANKS 1.25% 01/16/2019$7,682,287
ALLY AUTO RECEIVABLES TRUST 2017-4 1.75% 12/15/2021$6,843,069
BPCE SA 2.082% 05/31/2022$6,547,912
DOMINOS PIZZA MASTER ISSUER LLC 0% 07/25/2047$6,482,176
UNITED STATES TREASURY NOTE/BOND 1.5% 08/15/2020$6,279,607
EVERGREEN CREDIT CARD TRUST SERIES 2016-1 1.424% 04/15/2020$6,021,527
NISSAN MASTER OWNER TRUST RECEIVABLES 1.54% 06/15/2021$5,983,404
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4 4% 05/25/2057$5,953,381
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.974% 10/25/2029$5,810,132
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 4% 04/25/2057$5,567,738
WESTPAC BANKING CORP 2.25% 01/17/2019$5,287,214
BMW VEHICLE LEASE TRUST 1.98% 05/20/2020$4,956,255
COMMONBOND STUDENT LOAN TRUST 2017-A-GS 1.926% 05/25/2041$4,872,868
BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD 2.375% 01/15/2020$4,784,615
AMERICAN EXPRESS CREDIT CORP 2.125% 03/18/2019$4,729,852
CHESAPEAKE FUNDING II LLC 1.91% 08/15/2029$4,726,438
ABN AMRO BANK NV 2.1% 01/18/2019$4,682,190
DISCOVER CARD EXECUTION NOTE TRUST 1.252% 07/15/2024$4,664,154
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.606% 04/25/2028$4,436,946
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.127% 09/25/2029$4,320,385
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.186% 10/25/2029$4,226,982
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.042% 01/25/2029$4,099,119
VERIZON COMMUNICATIONS INC 1.722% 05/22/2020$3,943,827
FIRST INVESTORS AUTO OWNER TRUST 2017-2 1.86% 10/15/2021$3,892,774
NATIONAL AUSTRALIA BANK LTD/NEW YORK 2.25% 01/10/2020$3,815,828
COLONY AMERICAN HOMES 2015-1 1.75% 07/17/2032$3,783,256
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.5% 02/28/2020$3,725,316
CREDIT AGRICOLE SA/LONDON 1.68% 04/15/2019$3,630,381
KINDER MORGAN FINANCE CO LLC 6% 01/15/2018$3,550,331
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.35% 03/04/2019$3,473,741
HYUNDAI CAPITAL AMERICA 2.55% 02/06/2019$3,392,046
ROYAL BANK OF SCOTLAND GROUP PLC 2.652% 05/15/2023$3,376,799
MORGAN STANLEY 2.21% 01/20/2022$3,363,119
BANK OF MONTREAL 2.1% 12/12/2019$3,354,032
BAT CAPITAL CORP 2.297% 08/14/2020$3,337,481
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$3,337,126
SABINE PASS LIQUEFACTION LLC 5.625% 02/01/2021$3,327,074
BECTON DICKINSON AND CO 0% 06/06/2022$3,323,538
INTERNATIONAL LEASE FINANCE CORP 6.25% 05/15/2019$3,308,713
DXC TECHNOLOGY CO 2.264% 03/01/2021$3,272,119
NATIONAL AUSTRALIA BANK LTD/NEW YORK 2% 01/14/2019$3,262,728
ATHENE GLOBAL FUNDING 0% 07/01/2022$3,239,589
NISSAN MOTOR ACCEPTANCE CORP 1.961% 03/08/2019$3,236,034
JPMORGAN CHASE & CO 6.3% 04/23/2019$3,217,664
UBS GROUP FUNDING SWITZERLAND AG 2.376% 05/23/2023$3,214,298
WESTPAC BANKING CORP 2.15% 03/06/2020$3,211,136
CELGENE CORP 2.25% 08/15/2021$3,201,476
GOLDMAN SACHS GROUP INC/THE 3% 04/26/2022$3,182,535
MVW OWNER TRUST 2017-1 2.42% 12/20/2034$3,167,588
CAPITAL ONE FINANCIAL CORP 2.056% 03/09/2022$3,131,912
CAPITAL ONE NA/MCLEAN VA 2.35% 01/31/2020$3,128,144
BOSTON PROPERTIES LP 3.7% 11/15/2018$3,081,443
CELGENE CORP 2.875% 08/15/2020$3,078,495
ING BANK NV 1.686% 08/17/2018$3,067,933
BANK OF AMERICA CORP 2.153% 04/24/2023$3,067,831
DAIMLER FINANCE NORTH AMERICA LLC 2.3% 01/06/2020$3,037,190
FORD MOTOR CREDIT CO LLC 2.597% 11/04/2019$3,029,351
TCF AUTO RECEIVABLES OWNER TRUST 2016-PT1 3.21% 01/17/2023$3,014,269
TCF AUTO RECEIVABLES OWNER TRUST 2016-PT1 2.92% 10/17/2022$3,011,310
MYLAN NV 2.5% 06/07/2019$3,011,059
WELLS FARGO BANK NA 1.8% 11/28/2018$3,005,563
PHILIP MORRIS INTERNATIONAL INC 1.625% 02/21/2019$2,993,129
ABN AMRO BANK NV 1.8% 09/20/2019$2,992,254
CAPITAL ONE NA/MCLEAN VA 1.85% 09/13/2019$2,988,921
BANK OF AMERICA CORP 2.65% 04/01/2019$2,986,250
FORD CREDIT AUTO OWNER TRUST 2016-C 1.22% 03/15/2021$2,981,056
TOYOTA MOTOR CREDIT CORP 1.7% 01/09/2019$2,966,706
SINOPEC GROUP OVERSEAS DEVELOPMENT 2017 LTD 2.375% 04/12/2020$2,966,563
CITIGROUP INC 2.45% 01/10/2020$2,947,030
PRINCIPAL LIFE GLOBAL FUNDING II 2.15% 01/10/2020$2,932,832
ARES CAPITAL CORP 4.875% 11/30/2018$2,889,649
MACQUARIE BANK LTD 2.35% 01/15/2019$2,817,282
MORGAN STANLEY 2.243% 07/22/2022$2,811,946
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$2,811,698
GENERAL MOTORS FINANCIAL CO INC 2.573% 01/14/2022$2,755,471
GENERAL MOTORS FINANCIAL CO INC 3.5% 07/10/2019$2,736,659
CITIBANK NA 2% 03/20/2019$2,729,211
TIME WARNER CABLE INC 6.75% 07/01/2018$2,702,152
SUMITOMO MITSUI BANKING CORP 1.966% 01/11/2019$2,691,455
TOYOTA MOTOR CREDIT CORP 2.1% 01/17/2019$2,680,733
JPMORGAN CHASE & CO 1% 06/01/2021$2,675,351
BECTON DICKINSON AND CO 2.133% 06/06/2019$2,671,844
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.895% 11/25/2029$2,665,005
DOW CHEMICAL CO/THE 8.55% 05/15/2019$2,663,669
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2.2% 07/20/2020$2,621,592
METROPOLITAN LIFE GLOBAL FUNDING I 1.75% 12/19/2018$2,602,144
VERIZON COMMUNICATIONS INC 2.137% 03/16/2022$2,558,198
VALERO ENERGY CORP 9.375% 03/15/2019$2,555,193
MORGAN STANLEY 5.5% 01/26/2020$2,546,893
MIZUHO FINANCIAL GROUP INC 1.994% 02/28/2022$2,516,412
REPUBLIC SERVICES INC 3.8% 05/15/2018$2,511,614
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$2,494,499
CITIGROUP INC 2.4% 02/18/2020$2,493,843
ANZ NEW ZEALAND INTL LTD/LONDON 2.6% 09/23/2019$2,432,595
GOLDMAN SACHS GROUP INC/THE 2.087% 04/30/2018$2,401,153
JP MORGAN MORTGAGE TRUST 2017-1 3.5% 01/25/2047$2,398,965
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.986% 02/25/2030$2,384,838
GOLDMAN SACHS GROUP INC/THE 2.3% 12/13/2019$2,325,727
AMERICAN EXPRESS CREDIT CORP 2.2% 03/03/2020$2,315,603
WELLS FARGO & CO 1.964% 02/11/2022$2,313,184
JPMORGAN CHASE BANK NA 1.588% 09/23/2019$2,265,638
VMWARE INC 2.3% 08/21/2020$2,223,043
BPCE SA 2.25% 01/27/2020$2,216,371
AIR LIQUIDE FINANCE SA 1.375% 09/27/2019$2,182,323
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$2,162,193
ASCIANO FINANCE LTD 5% 04/07/2018$2,152,770
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.184% 12/25/2027$2,149,991
PHILIP MORRIS INTERNATIONAL INC 1.875% 01/15/2019$2,147,455
ROYAL BANK OF CANADA 2.15% 03/15/2019$2,118,595
DTE ENERGY CO 1.5% 10/01/2019$2,105,061
CREDIT AGRICOLE SA/LONDON 3.375% 01/10/2022$2,098,712
ICICI BANK LTD/HONG KONG 5.75% 11/16/2020$2,096,814
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$2,034,400
ANHEUSER-BUSCH INBEV WORLDWIDE INC 5.375% 01/15/2020$2,024,523
FIFTH THIRD BANK/CINCINNATI OH 2.375% 04/25/2019$2,021,729
SYNCHRONY FINANCIAL 2.6% 01/15/2019$2,014,621
CATERPILLAR FINANCIAL SERVICES CORP 1.9% 03/22/2019$2,009,463
DANSKE BANK A/S 1.526% 09/06/2019$2,003,827
INVITATION HOMES 2014-SFR2 TRUST 2.372% 09/17/2031$2,002,123
BANK OF AMERICA CORP 2.369% 07/21/2021$1,976,664
PNC BANK NA 1.7% 12/07/2018$1,941,975
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.986% 02/25/2030$1,931,007
21ST CENTURY FOX AMERICA INC 7.25% 05/18/2018$1,919,419
SUMITOMO MITSUI TRUST BANK LTD 2.05% 03/06/2019$1,903,074
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 2.225% 01/17/2020$1,894,548
SUNCORP-METWAY LTD 2.1% 05/03/2019$1,862,874
FORD MOTOR CREDIT CO LLC 2.681% 01/09/2020$1,831,774
UBS AG/LONDON 2.2% 06/08/2020$1,803,754
JC PENNEY CORP INC 5.65% 06/01/2020$1,787,940
ATHENE GLOBAL FUNDING 2.75% 04/20/2020$1,749,055
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2017-2 1.98% 12/20/2021$1,747,303
VIETNAM GOVERNMENT INTERNATIONAL BOND 6.75% 01/29/2020$1,740,638
ERAC USA FINANCE LLC 6.375% 10/15/2017$1,728,781
HESS CORP 8.125% 02/15/2019$1,711,769
ENTERPRISE FLEET FINANCING LLC 1.97% 01/20/2023$1,675,612
LENNAR CORP 4.125% 01/15/2022$1,674,675
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$1,667,477
SANTANDER HOLDINGS USA INC 3.7% 03/28/2022$1,622,952
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2017-1 2.7% 10/17/2022$1,618,842
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$1,591,806
PHILIP MORRIS INTERNATIONAL INC 2% 02/21/2020$1,585,680
BANK OF AMERICA CORP 6.875% 11/15/2018$1,564,027
TEVA PHARMACEUTICAL FINANCE IV LLC 2.25% 03/18/2020$1,558,942
COMMONWEALTH BANK OF AUSTRALIA 5% 03/19/2020$1,556,347
MOLSON COORS BREWING CO 1.9% 03/15/2019$1,544,117
LIQUID TELECOMMUNICATIONS FINANCING PLC 8.5% 07/13/2022$1,527,147
NIELSEN FINANCE LLC / NIELSEN FINANCE CO 4.5% 10/01/2020$1,526,250
FONDO MIVIVIENDA SA 3.5% 01/31/2023$1,517,740
BP CAPITAL MARKETS PLC 2.315% 02/13/2020$1,517,692
21ST CENTURY FOX AMERICA INC 6.9% 03/01/2019$1,495,291
AUTOZONE INC 1.625% 04/21/2019$1,484,283
KINDER MORGAN INC/DE 2.589% 01/15/2023$1,471,036
NAVIENT CORP 5.5% 01/15/2019$1,452,920
SHERWIN-WILLIAMS CO/THE 2.25% 05/15/2020$1,447,977
NBCUNIVERSAL ENTERPRISE INC 1.974% 04/15/2019$1,437,372
MGM RESORTS INTERNATIONAL 5.25% 03/31/2020$1,427,625
AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 3.5% 05/26/2022$1,419,645
PULTEGROUP INC 4.25% 03/01/2021$1,418,387
TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PARTNERS FINANCE CORP 4.125% 11/15/2019$1,417,500
GENERAL MOTORS FINANCIAL CO INC 2.65% 04/13/2020$1,412,448
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 1.658% 09/23/2019$1,410,287
ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 6.25% 02/01/2022$1,385,225
VULCAN MATERIALS CO 1.846% 06/15/2020$1,384,840
NOKIA OYJ 3.375% 06/12/2022$1,377,000
ING GROEP NV 2.302% 03/29/2022$1,371,762
PERUSAHAAN PENERBIT SBSN INDONESIA III 3.4% 03/29/2022$1,368,475
FORD MOTOR CREDIT CO LLC 2.738% 03/28/2022$1,361,538
DAIWA SECURITIES GROUP INC 3.129% 04/19/2022$1,349,067
TAKEDA PHARMACEUTICAL CO LTD 2.45% 01/18/2022$1,295,879
SLM CORP 5.125% 04/05/2022$1,288,350
BANK OF AMERICA CORP 6.5% 07/15/2018$1,285,129
ORANGE SA 2.75% 02/06/2019$1,267,411
BPCE SA 2.392% 05/22/2022$1,265,913
ALLY AUTO RECEIVABLES TRUST 2016-1 1.73% 11/16/2020$1,252,461
DAIMLER FINANCE NORTH AMERICA LLC 1.5% 07/05/2019$1,241,589
SENEGAL GOVERNMENT INTERNATIONAL BOND 8.75% 05/13/2021$1,233,710
CARDINAL HEALTH INC 1.948% 06/14/2019$1,232,822
PHILLIPS 66 1.906% 04/15/2020$1,225,705
CHEVRON CORP 1.686% 02/28/2019$1,218,717
MANUFACTURERS & TRADERS TRUST CO 2.05% 08/17/2020$1,197,038
FORD MOTOR CREDIT CO LLC 2.375% 03/12/2019$1,162,477
ABBOTT LABORATORIES 2.35% 11/22/2019$1,160,749
SMBC AVIATION CAPITAL FINANCE DAC 3% 07/15/2022$1,135,446
SEAGATE HDD CAYMAN 4.25% 03/01/2022$1,104,324
MIZUHO BANK LTD 2.4% 03/26/2020$1,100,487
HUNTINGTON NATIONAL BANK/THE 2.375% 03/10/2020$1,095,817
DELTA AIR LINES INC 2.875% 03/13/2020$1,057,338
ASTORIA FINANCIAL CORP 3.5% 06/08/2020$1,039,387
MCLAREN FINANCE PLC 5.75% 08/01/2022$1,027,500
QUALCOMM INC 1.85% 05/20/2019$1,014,627
KINDER MORGAN ENERGY PARTNERS LP 2.65% 02/01/2019$1,008,077
CATERPILLAR FINANCIAL SERVICES CORP 2.1% 01/10/2020$992,775
DOMINION ENERGY INC 1.771% 06/01/2019$989,139
CENTURYLINK INC 6.45% 06/15/2021$982,919
ENSTAR GROUP LTD 4.5% 03/10/2022$912,747
CITIZENS BANK NA/PROVIDENCE RI 2.25% 03/02/2020$889,378
NOBLE HOLDING INTERNATIONAL LTD 7.75% 01/15/2024$874,665
ANHEUSER-BUSCH INBEV WORLDWIDE INC 2.2% 08/01/2018$854,552
ASTON MARTIN CAPITAL HOLDINGS LTD 6.5% 04/15/2022$849,893
MARTIN MARIETTA MATERIALS INC 1.822% 05/22/2020$847,557
AMERICAN EXPRESS CREDIT CORP 1.875% 05/03/2019$837,890
FORD MOTOR CREDIT CO LLC 2.262% 03/28/2019$819,375
MOODYS CORP 2.75% 12/15/2021$813,970
NATIONAL AUSTRALIA BANK LTD 2.25% 07/01/2019$807,463
EI DU PONT DE NEMOURS & CO 2.2% 05/01/2020$781,670
CITIZENS BANK NA/PROVIDENCE RI 2.2% 05/26/2020$777,878
SMITHFIELD FOODS INC 2.7% 01/31/2020$761,060
ANZ NEW ZEALAND INTL LTD/LONDON 2.2% 07/17/2020$723,931
DOMINION ENERGY INC 2.579% 07/01/2020$717,278
LENNAR CORP 4.5% 04/30/2024$705,500
WM WRIGLEY JR CO 2.4% 10/21/2018$705,191
ONEOK INC 4.25% 02/01/2022$690,056
CBOE HOLDINGS INC 1.95% 06/28/2019$685,583
TTX CO 2.25% 02/01/2019$676,725
ROGERS COMMUNICATIONS INC 6.8% 08/15/2018$649,773
RYDER SYSTEM INC 2.45% 11/15/2018$614,770
ANADARKO PETROLEUM CORP 8.7% 03/15/2019$602,414
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$601,053
ING BANK NV 2.05% 08/17/2018$596,834
RYDER SYSTEM INC 2.35% 02/26/2019$554,155
CATERPILLAR FINANCIAL SERVICES CORP 7.15% 02/15/2019$538,345
NISSAN MOTOR ACCEPTANCE CORP 1.477% 09/13/2019$502,066
DAIMLER FINANCE NORTH AMERICA LLC 2.2% 05/05/2020$496,466
MALLINCKRODT INTERNATIONAL FINANCE SA 3.5% 04/15/2018$467,906
DXC TECHNOLOGY CO 2.875% 03/27/2020$442,700
B&G FOODS INC 4.625% 06/01/2021$327,200
PETRO-CANADA 6.05% 05/15/2018$288,605
NEWELL BRANDS INC 2.6% 03/29/2019$263,936
GOLDMAN SACHS GROUP INC/THE 1.65% 12/15/2017$250,458
TECH DATA CORP 3.7% 02/15/2022$235,458
HYUNDAI CAPITAL AMERICA 2.55% 04/03/2020$215,961
FOREST LABORATORIES LLC 4.375% 02/01/2019$62,803
 
Short-Term/Cash
Holding NameMarket Value
BLACKROCK TEMP FUND$35,375,696
FIDELITY INSTITUTIONAL MONEY MARKET$35,375,696
 
Other
Holding NameMarket Value
S&P 500 FUTURE EQUITY INDEX SEP17 (SPU7) INDEX$10,547,956
US 2YR NOTE (CBT) BOND DEC17 (TUZ7) COMDTY$2,956
BRITISH POUND$21
EURO$-10
US 5YR NOTE (CBT) BOND DEC17 (FVZ7) COMDTY$-23,947
EURO-BOBL FUTURE BOND SEP17 (OEU7) COMDTY$-102,271
CURRENCY CONTRACT$-135,863
USD$-2,511,944
USD$-3,874,661
All Holdings As of Jul 31, 2017
Equity
Holding NameMarket Value
AMAZON.COM INC$38,523,420
JPMORGAN CHASE & CO$31,998,175
CITIGROUP INC$29,582,173
FACEBOOK INC$29,161,775
PRICELINE GROUP INC/THE$24,342,000
CHEVRON CORP$24,044,184
ALPHABET INC$21,823,947
WELLS FARGO & CO$21,280,355
CISCO SYSTEMS INC$20,447,941
MICROSOFT CORP$18,967,430
INTEL CORP$18,412,867
ALLERGAN PLC$18,348,176
ALIBABA GROUP HOLDING LTD$17,174,348
BANK OF AMERICA CORP$16,782,937
VISA INC$16,686,256
QUALCOMM INC$16,082,422
PHILIP MORRIS INTERNATIONAL INC$15,322,272
VERTEX PHARMACEUTICALS INC$14,913,886
XL GROUP LTD$14,709,542
UNITEDHEALTH GROUP INC$13,388,338
MASTERCARD INC$13,367,880
DOW CHEMICAL CO/THE$13,246,930
HILTON WORLDWIDE HOLDINGS INC$13,089,530
BRITISH AMERICAN TOBACCO PLC$13,085,999
UNILEVER NV$12,779,949
COGNIZANT TECHNOLOGY SOLUTIONS CORP$12,701,989
UNION PACIFIC CORP$12,659,653
PRINCIPAL FINANCIAL GROUP INC$12,617,552
MERCK & CO INC$12,597,711
PULTEGROUP INC$11,974,811
NORWEGIAN CRUISE LINE HOLDINGS LTD$11,967,372
NETAPP INC$11,871,028
BRISTOL-MYERS SQUIBB CO$11,844,702
PNC FINANCIAL SERVICES GROUP INC/THE$11,707,018
MORGAN STANLEY$11,612,440
INVESCO LTD$11,558,904
BOEING CO/THE$11,298,636
ALPHABET INC$11,251,450
HALLIBURTON CO$10,960,597
INTERNATIONAL PAPER CO$10,928,045
VIACOM INC$10,868,012
NOKIA OYJ$10,761,782
SEMPRA ENERGY$10,740,131
FORTUNE BRANDS HOME & SECURITY INC$10,727,392
UNITED TECHNOLOGIES CORP$10,670,470
ING GROEP NV$10,563,139
M&T BANK CORP$10,554,663
EATON CORP PLC$10,553,656
ROCHE HOLDING AG$10,525,713
TENCENT HOLDINGS LTD$10,453,472
EOG RESOURCES INC$10,445,135
MEDTRONIC PLC$10,056,415
LIBERTY INTERACTIVE CORP QVC GROUP$10,055,949
INGERSOLL-RAND PLC$9,992,132
KINDER MORGAN INC/DE$9,939,195
MARSH & MCLENNAN COS INC$9,645,045
ASTRAZENECA PLC$9,386,372
SYNCHRONY FINANCIAL$9,140,661
PIONEER NATURAL RESOURCES CO$9,023,834
PARK HOTELS & RESORTS INC$8,817,555
SALESFORCE.COM INC$8,816,680
CATERPILLAR INC$8,778,594
BRIXMOR PROPERTY GROUP INC$8,701,878
AMERICAN AIRLINES GROUP INC$8,589,932
EDISON INTERNATIONAL$8,566,285
AMERICAN TOWER CORP$8,493,359
CHUBB LTD$8,323,029
DOMINION RESOURCES INC/VA$8,158,080
NASDAQ OMX GROUP INC/THE$8,069,145
AMGEN INC$8,025,191
APPLE INC$7,912,436
XCEL ENERGY INC$7,871,864
STRYKER CORP$7,811,010
BLACKROCK INC$7,805,926
MONDELEZ INTERNATIONAL INC$7,746,596
AGRIUM INC$7,496,889
THOMSON REUTERS CORP$7,318,996
MARATHON OIL CORP$7,292,566
SERVICENOW INC$7,124,025
INTUITIVE SURGICAL INC$6,943,124
TD AMERITRADE HOLDING CORP$6,928,095
L BRANDS INC$6,800,774
BECTON DICKINSON AND CO$6,710,648
ALEXION PHARMACEUTICALS INC$6,667,445
NIELSEN HOLDINGS PLC$6,412,791
INTERCONTINENTAL EXCHANGE INC$6,317,437
DANAHER CORP$6,282,879
PAYPAL HOLDINGS INC$6,042,360
SIGNET JEWELERS LTD$5,996,983
SCHNEIDER NATIONAL INC$5,964,288
BROADCOM LTD$5,648,514
HOME DEPOT INC/THE$5,639,920
FISERV INC$5,512,650
NETFLIX INC$5,413,468
CELGENE CORP$5,348,695
STATE STREET CORP$5,239,526
THERMO FISHER SCIENTIFIC INC$5,137,237
AETNA INC$4,764,630
CIGNA CORP$4,408,424
ALASKA AIR GROUP INC$4,355,253
HUMANA INC$4,323,440
BIOGEN INC$4,199,055
YUM! BRANDS INC$4,183,102
ELECTRONIC ARTS INC$4,109,248
MARRIOTT INTERNATIONAL INC/MD$4,060,388
FORTIVE CORP$3,968,562
LYONDELLBASELL INDUSTRIES NV$3,873,870
TESLA MOTORS INC$3,711,818
RED HAT INC$3,606,876
TRIUMPH GROUP INC$3,392,077
CTRIP.COM INTERNATIONAL LTD$3,207,501
INTUIT INC$3,059,783
FIDELITY NATIONAL INFORMATION SERVICES INC$2,992,016
HONEYWELL INTERNATIONAL INC$2,858,520
ROPER TECHNOLOGIES INC$2,766,274
ROYAL CARIBBEAN CRUISES LTD$2,730,075
WORKDAY INC$2,583,383
CHARLES SCHWAB CORP/THE$2,535,390
ROSS STORES INC$2,384,292
WILLIS TOWERS WATSON PLC$2,382,973
FIRST REPUBLIC BANK/CA$2,342,605
MCDONALD'S CORP$2,125,418
SOUTHWESTERN ENERGY CO$2,063,229
WALGREENS BOOTS ALLIANCE INC$1,879,611
STARBUCKS CORP$1,797,534
MGM RESORTS INTERNATIONAL$1,761,755
EQUIFAX INC$1,730,736
MICROCHIP TECHNOLOGY INC$1,664,832
GLOBAL PAYMENTS INC$1,594,853
EQUINIX INC$1,591,528
O'REILLY AUTOMOTIVE INC$1,582,099
FERRARI NV$1,577,850
DELPHI AUTOMOTIVE PLC$1,564,266
BALL CORP$1,557,088
CITIZENS FINANCIAL GROUP INC$1,413,724
SHERWIN-WILLIAMS CO/THE$1,247,899
CANADIAN PACIFIC RAILWAY LTD$1,219,686
KLA-TENCOR CORP$1,182,515
S&P GLOBAL INC$1,121,207
NORTHROP GRUMMAN CORP$1,105,146
PROGRESSIVE CORP/THE$1,079,277
NEXTERA ENERGY INC$1,066,457
STANLEY BLACK & DECKER INC$1,012,968
IHS MARKIT LTD$1,009,879
CONSTELLATION BRANDS INC$1,005,420
COACH INC$994,654
DOLLAR GENERAL CORP$962,048
UNITED CONTINENTAL HOLDINGS INC$893,376
ZOETIS INC$862,776
ANALOG DEVICES INC$766,397
FLEETCOR TECHNOLOGIES INC$714,682
ROCKWELL COLLINS INC$660,486
LAM RESEARCH CORP$558,110
BANK OF NEW YORK MELLON CORP/THE$524,997
LOWE'S COS INC$518,580
CME GROUP INC$478,218
CSX CORP$463,796
XILINX INC$455,472
AUTOZONE INC$377,874
CINTAS CORP$350,610
SBA COMMUNICATIONS CORP$343,875
HARRIS CORP$274,728
FEDEX CORP$270,439
SHIRE PLC$245,279
AGILENT TECHNOLOGIES INC$245,139
ILLUMINA INC$233,133
COMCAST CORP$218,430
REGENERON PHARMACEUTICALS INC$196,648
MONSTER BEVERAGE CORP$163,525
ACTIVISION BLIZZARD INC$160,628
DELTA AIR LINES INC$138,208
MERCADOLIBRE INC$115,368
COSTCO WHOLESALE CORP$110,957
DENTSPLY SIRONA INC$93,045
AMERIPRISE FINANCIAL INC$86,928
CHARTER COMMUNICATIONS INC$79,558
HENRY SCHEIN INC$72,155
RAYTHEON CO$68,708
TEXTRON INC$58,956
WALT DISNEY CO/THE$43,972
EI DU PONT DE NEMOURS & CO$41,105
 
Fixed Income
Holding NameMarket Value
UNITED STATES TREASURY NOTE/BOND 1.25% 06/30/2019$53,951,845
UNITED STATES TREASURY NOTE/BOND 0.75% 10/31/2018$30,603,896
UNITED STATES TREASURY NOTE/BOND 0.875% 06/15/2019$28,183,501
UNITED STATES TREASURY NOTE/BOND 1.25% 04/30/2019$23,315,792
UNITED STATES TREASURY NOTE/BOND 1.375% 01/15/2020$10,072,946
FEDERAL HOME LOAN BANKS 1.25% 01/16/2019$7,680,849
BPCE SA 2.082% 05/31/2022$6,503,491
DOMINO'S PIZZA MASTER ISSUER LLC 0% 07/25/2047$6,441,861
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-4 4% 05/25/2057$6,087,588
EVERGREEN CREDIT CARD TRUST SERIES 2016-1 1.424% 04/15/2020$6,024,333
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.974% 10/25/2029$5,979,983
NISSAN MASTER OWNER TRUST RECEIVABLES 1.54% 06/15/2021$5,974,809
NEW RESIDENTIAL MORTGAGE LOAN TRUST 2017-3 4% 04/25/2057$5,685,514
WESTPAC BANKING CORP 2.25% 01/17/2019$5,292,898
COMMONBOND STUDENT LOAN TRUST 2017-A-GS 1.926% 05/25/2041$5,044,916
BMW VEHICLE LEASE TRUST 1.98% 05/20/2020$4,949,630
BROADCOM CORP / BROADCOM CAYMAN FINANCE LTD 2.375% 01/15/2020$4,781,236
AMERICAN EXPRESS CREDIT CORP 2.125% 03/18/2019$4,730,616
ABN AMRO BANK NV 2.1% 01/18/2019$4,679,145
DISCOVER CARD EXECUTION NOTE TRUST 1.252% 07/15/2024$4,659,634
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.606% 04/25/2028$4,588,620
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.127% 09/25/2029$4,352,622
FANNIE MAE CONNECTICUT AVENUE SECURITIES 2.042% 01/25/2029$4,295,221
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 2.186% 10/25/2029$4,267,402
VERIZON COMMUNICATIONS INC 2.137% 03/16/2022$4,046,259
FIRST INVESTORS AUTO OWNER TRUST 2017-2 1.86% 10/15/2021$4,039,784
VERIZON COMMUNICATIONS INC 1.722% 05/22/2020$3,950,228
NATIONAL AUSTRALIA BANK LTD/NEW YORK 2.25% 01/10/2020$3,810,401
COLONY AMERICAN HOMES 2015-1 1.75% 07/17/2032$3,801,304
FEDERAL NATIONAL MORTGAGE ASSOCIATION 1.5% 02/28/2020$3,718,371
CREDIT AGRICOLE SA/LONDON 1.68% 04/15/2019$3,631,043
KINDER MORGAN FINANCE CO LLC 6% 01/15/2018$3,564,145
BNZ INTERNATIONAL FUNDING LTD/LONDON 2.35% 03/04/2019$3,472,546
HYUNDAI CAPITAL AMERICA 2.55% 02/06/2019$3,396,860
ROYAL BANK OF SCOTLAND GROUP PLC 2.652% 05/15/2023$3,389,278
MORGAN STANLEY 2.21% 01/20/2022$3,354,800
SABINE PASS LIQUEFACTION LLC 5.625% 02/01/2021$3,353,102
BANK OF MONTREAL 2.1% 12/12/2019$3,348,009
TIAA ASSET MANAGEMENT FINANCE CO LLC 2.95% 11/01/2019$3,339,309
BECTON DICKINSON AND CO 0% 06/06/2022$3,333,534
INTERNATIONAL LEASE FINANCE CORP 6.25% 05/15/2019$3,325,482
NATIONAL AUSTRALIA BANK LTD/NEW YORK 2% 01/14/2019$3,267,482
ATHENE GLOBAL FUNDING 0% 07/01/2022$3,238,595
NISSAN MOTOR ACCEPTANCE CORP 1.961% 03/08/2019$3,236,234
JPMORGAN CHASE & CO 6.3% 04/23/2019$3,226,527
UBS GROUP FUNDING SWITZERLAND AG 2.376% 05/23/2023$3,216,729
WESTPAC BANKING CORP 2.15% 03/06/2020$3,202,247
GOLDMAN SACHS GROUP INC/THE 3% 04/26/2022$3,173,053
CAPITAL ONE FINANCIAL CORP 2.056% 03/09/2022$3,137,130
CAPITAL ONE NA/MCLEAN VA 2.35% 01/31/2020$3,131,307
BOSTON PROPERTIES LP 3.7% 11/15/2018$3,087,719
CELGENE CORP 2.875% 08/15/2020$3,079,869
BANK OF AMERICA CORP 2.153% 04/24/2023$3,072,426
ING BANK NV 1.686% 08/17/2018$3,069,602
DAIMLER FINANCE NORTH AMERICA LLC 2.3% 01/06/2020$3,038,467
FORD MOTOR CREDIT CO LLC 2.597% 11/04/2019$3,028,776
MYLAN NV 2.5% 06/07/2019$3,026,286
WELLS FARGO BANK NA 1.8% 11/28/2018$3,006,330
TCF AUTO RECEIVABLES OWNER TRUST 2016-PT1 3.21% 01/17/2023$3,004,698
TCF AUTO RECEIVABLES OWNER TRUST 2016-PT1 2.92% 10/17/2022$3,001,232
PHILIP MORRIS INTERNATIONAL INC 1.625% 02/21/2019$2,995,183
ABN AMRO BANK NV 1.8% 09/20/2019$2,991,090
BANK OF AMERICA CORP 2.65% 04/01/2019$2,987,577
CAPITAL ONE NA/MCLEAN VA 1.85% 09/13/2019$2,984,814
FORD CREDIT AUTO OWNER TRUST 2016-C 1.22% 03/15/2021$2,979,830
TOYOTA MOTOR CREDIT CORP 1.7% 01/09/2019$2,966,305
SINOPEC GROUP OVERSEAS DEVELOPMENT 2017 LTD 2.375% 04/12/2020$2,963,833
CITIGROUP INC 2.45% 01/10/2020$2,948,847
PRINCIPAL LIFE GLOBAL FUNDING II 2.15% 01/10/2020$2,930,611
ARES CAPITAL CORP 4.875% 11/30/2018$2,897,064
DIAMOND 1 FINANCE CORP / DIAMOND 2 FINANCE CORP 3.48% 06/01/2019$2,816,443
MACQUARIE BANK LTD 2.35% 01/15/2019$2,814,420
MORGAN STANLEY 2.243% 07/22/2022$2,809,867
GENERAL MOTORS FINANCIAL CO INC 2.573% 01/14/2022$2,761,854
GENERAL MOTORS FINANCIAL CO INC 3.5% 07/10/2019$2,735,591
CITIBANK NA 2% 03/20/2019$2,730,283
TIME WARNER CABLE INC 6.75% 07/01/2018$2,714,592
SUMITOMO MITSUI BANKING CORP 1.966% 01/11/2019$2,690,346
FANNIE MAE CONNECTICUT AVENUE SECURITIES 1.895% 11/25/2029$2,686,133
TOYOTA MOTOR CREDIT CORP 2.1% 01/17/2019$2,683,703
DOW CHEMICAL CO/THE 8.55% 05/15/2019$2,681,659
JPMORGAN CHASE & CO 1% 06/01/2021$2,673,880
BECTON DICKINSON AND CO 2.133% 06/06/2019$2,673,661
BANQUE FEDERATIVE DU CREDIT MUTUEL SA 2.2% 07/20/2020$2,622,288
METROPOLITAN LIFE GLOBAL FUNDING I 1.75% 12/19/2018$2,599,717
VALERO ENERGY CORP 9.375% 03/15/2019$2,569,342
MORGAN STANLEY 5.5% 01/26/2020$2,547,869
MIZUHO FINANCIAL GROUP INC 1.994% 02/28/2022$2,522,124
REPUBLIC SERVICES INC 3.8% 05/15/2018$2,518,330
SHIRE ACQUISITIONS INVESTMENTS IRELAND DAC 1.9% 09/23/2019$2,498,783
CITIGROUP INC 2.4% 02/18/2020$2,491,988
JP MORGAN MORTGAGE TRUST 2017-1 3.5% 01/25/2047$2,436,400
ANZ NEW ZEALAND INT'L LTD/LONDON 2.6% 09/23/2019$2,431,078
GOLDMAN SACHS GROUP INC/THE 2.087% 04/30/2018$2,402,864
GOLDMAN SACHS GROUP INC/THE 2.3% 12/13/2019$2,324,574
AMERICAN EXPRESS CREDIT CORP 2.2% 03/03/2020$2,314,576
WELLS FARGO & CO 1.964% 02/11/2022$2,313,622
JPMORGAN CHASE BANK NA 1.588% 09/23/2019$2,265,912
FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES 3.184% 12/25/2027$2,246,490
AMGEN INC 1.9% 05/10/2019$2,223,674
BPCE SA 2.25% 01/27/2020$2,213,489
AIR LIQUIDE FINANCE SA 1.375% 09/27/2019$2,177,637
KEYBANK NA/CLEVELAND OH 2.35% 03/08/2019$2,159,284
ASCIANO FINANCE LTD 5% 04/07/2018$2,157,558
PHILIP MORRIS INTERNATIONAL INC 1.875% 01/15/2019$2,146,245
ROYAL BANK OF CANADA 2.15% 03/15/2019$2,116,464
DTE ENERGY CO 1.5% 10/01/2019$2,101,824
ICICI BANK LTD/HONG KONG 5.75% 11/16/2020$2,095,709
CREDIT AGRICOLE SA/LONDON 3.375% 01/10/2022$2,093,654
SPRINT SPECTRUM CO LLC / SPRINT SPECTRUM CO II LLC / SPRINT SPECTRUM CO III LLC 3.36% 03/20/2023$2,032,400
ANHEUSER-BUSCH INBEV WORLDWIDE INC 5.375% 01/15/2020$2,030,280
FIFTH THIRD BANK/CINCINNATI OH 2.375% 04/25/2019$2,022,036
SYNCHRONY FINANCIAL 2.6% 01/15/2019$2,015,826
DANSKE BANK A/S 1.526% 09/06/2019$2,012,258
CATERPILLAR FINANCIAL SERVICES CORP 1.9% 03/22/2019$2,010,759
INVITATION HOMES 2014-SFR2 TRUST 2.372% 09/17/2031$2,001,665
BANK OF AMERICA CORP 2.369% 07/21/2021$1,977,443
PNC BANK NA 1.7% 12/07/2018$1,940,755
21ST CENTURY FOX AMERICA INC 7.25% 05/18/2018$1,930,172
SUMITOMO MITSUI TRUST BANK LTD 2.05% 03/06/2019$1,904,454
DEUTSCHE TELEKOM INTERNATIONAL FINANCE BV 2.225% 01/17/2020$1,896,734
SUNCORP-METWAY LTD 2.1% 05/03/2019$1,862,352
FORD MOTOR CREDIT CO LLC 2.681% 01/09/2020$1,836,437
JC PENNEY CORP INC 5.65% 06/01/2020$1,824,750
UBS AG/LONDON 2.2% 06/08/2020$1,805,596
AMERICREDIT AUTOMOBILE RECEIVABLES TRUST 2017-2 1.98% 12/20/2021$1,743,244
ATHENE GLOBAL FUNDING 2.75% 04/20/2020$1,740,383
VIETNAM GOVERNMENT INTERNATIONAL BOND 6.75% 01/29/2020$1,736,617
ERAC USA FINANCE LLC 6.375% 10/15/2017$1,736,211
HYUNDAI CAPITAL SERVICES INC 3% 03/06/2022$1,726,435
HESS CORP 8.125% 02/15/2019$1,716,707
LENNAR CORP 4.125% 01/15/2022$1,673,654
ENTERPRISE FLEET FINANCING LLC 1.97% 01/20/2023$1,670,397
GENERAL MOTORS FINANCIAL CO INC 2.4% 05/09/2019$1,666,149
WESTLAKE AUTOMOBILE RECEIVABLES TRUST 2017-1 2.7% 10/17/2022$1,616,410
SANTANDER HOLDINGS USA INC 3.7% 03/28/2022$1,616,310
TEVA PHARMACEUTICAL FINANCE IV LLC 2.25% 03/18/2020$1,599,424
DOMINION RESOURCES INC/VA 1.5% 09/30/2018$1,590,558
PHILIP MORRIS INTERNATIONAL INC 2% 02/21/2020$1,588,214
BANK OF AMERICA CORP 6.875% 11/15/2018$1,568,771
COMMONWEALTH BANK OF AUSTRALIA 5% 03/19/2020$1,558,989
MOLSON COORS BREWING CO 1.9% 03/15/2019$1,545,406
ARDAGH PACKAGING FINANCE PLC / ARDAGH HOLDINGS USA INC 4.25% 09/15/2022$1,545,000
NIELSEN FINANCE LLC / NIELSEN FINANCE CO 4.5% 10/01/2020$1,522,500
BP CAPITAL MARKETS PLC 2.315% 02/13/2020$1,519,559
FONDO MIVIVIENDA SA 3.5% 01/31/2023$1,508,860
HYUNDAI CAPITAL AMERICA 2.55% 04/03/2020$1,504,149
21ST CENTURY FOX AMERICA INC 6.9% 03/01/2019$1,502,654
LIQUID TELECOMMUNICATIONS FINANCING PLC 8.5% 07/13/2022$1,494,812
AUTOZONE INC 1.625% 04/21/2019$1,483,665
NAVIENT CORP 5.5% 01/15/2019$1,457,750
SHERWIN-WILLIAMS CO/THE 2.25% 05/15/2020$1,449,556
NBCUNIVERSAL ENTERPRISE INC 1.974% 04/15/2019$1,436,877
MGM RESORTS INTERNATIONAL 5.25% 03/31/2020$1,435,725
AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATION TRUST 3.5% 05/26/2022$1,423,778
TARGA RESOURCES PARTNERS LP / TARGA RESOURCES PARTNERS FINANCE CORP 4.125% 11/15/2019$1,422,750
PULTEGROUP INC 4.25% 03/01/2021$1,417,161
GENERAL MOTORS FINANCIAL CO INC 2.65% 04/13/2020$1,415,306
AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 1.658% 09/23/2019$1,409,474
ICAHN ENTERPRISES LP / ICAHN ENTERPRISES FINANCE CORP 6.25% 02/01/2022$1,398,210
VULCAN MATERIALS CO 1.846% 06/15/2020$1,384,774
NOKIA OYJ 3.375% 06/12/2022$1,379,543
ING GROEP NV 2.302% 03/29/2022$1,371,561
PERUSAHAAN PENERBIT SBSN INDONESIA III 3.4% 03/29/2022$1,361,775
FORD MOTOR CREDIT CO LLC 2.738% 03/28/2022$1,360,572
DAIWA SECURITIES GROUP INC 3.129% 04/19/2022$1,341,434
TAKEDA PHARMACEUTICAL CO LTD 2.45% 01/18/2022$1,292,028
SLM CORP 5.125% 04/05/2022$1,291,500
BANK OF AMERICA CORP 6.5% 07/15/2018$1,289,451
ORANGE SA 2.75% 02/06/2019$1,268,090
BPCE SA 2.392% 05/22/2022$1,267,278
ALLY AUTO RECEIVABLES TRUST 2016-1 1.73% 11/16/2020$1,250,682
DAIMLER FINANCE NORTH AMERICA LLC 1.5% 07/05/2019$1,240,982
CARDINAL HEALTH INC 1.948% 06/14/2019$1,235,640
SENEGAL GOVERNMENT INTERNATIONAL BOND 8.75% 05/13/2021$1,230,465
PHILLIPS 66 1.906% 04/15/2020$1,227,563
CHEVRON CORP 1.686% 02/28/2019$1,218,458
FORD MOTOR CREDIT CO LLC 2.375% 03/12/2019$1,163,498
ABBOTT LABORATORIES 2.35% 11/22/2019$1,162,840
SMBC AVIATION CAPITAL FINANCE DAC 3% 07/15/2022$1,130,444
SEAGATE HDD CAYMAN 4.25% 03/01/2022$1,118,808
HUNTINGTON NATIONAL BANK/THE 2.375% 03/10/2020$1,094,594
MIZUHO BANK LTD 2.4% 03/26/2020$1,093,076
DELTA AIR LINES INC 2.875% 03/13/2020$1,059,687
ASTORIA FINANCIAL CORP 3.5% 06/08/2020$1,035,194
MCLAREN FINANCE PLC 5.75% 08/01/2022$1,028,500
QUALCOMM INC 1.85% 05/20/2019$1,014,547
CENTURYLINK INC 6.45% 06/15/2021$1,014,185
KINDER MORGAN ENERGY PARTNERS LP 2.65% 02/01/2019$1,009,143
CATERPILLAR FINANCIAL SERVICES CORP 2.1% 01/10/2020$993,832
DOMINION ENERGY INC 1.771% 06/01/2019$988,320
ENSTAR GROUP LTD 4.5% 03/10/2022$907,078
NOBLE HOLDING INTERNATIONAL LTD 7.75% 01/15/2024$900,958
CITIZENS BANK NA/PROVIDENCE RI 2.25% 03/02/2020$888,664
ANHEUSER-BUSCH INBEV WORLDWIDE INC 2.2% 08/01/2018$854,845
MARTIN MARIETTA MATERIALS INC 1.822% 05/22/2020$847,639
ASTON MARTIN CAPITAL HOLDINGS LTD 6.5% 04/15/2022$845,438
AMERICAN EXPRESS CREDIT CORP 1.875% 05/03/2019$837,397
FORD MOTOR CREDIT CO LLC 2.262% 03/28/2019$818,008
MOODY'S CORP 2.75% 12/15/2021$809,655
NATIONAL AUSTRALIA BANK LTD 2.25% 07/01/2019$806,412
EI DU PONT DE NEMOURS & CO 2.2% 05/01/2020$781,912
CITIZENS BANK NA/PROVIDENCE RI 2.2% 05/26/2020$776,448
SMITHFIELD FOODS INC 2.7% 01/31/2020$760,557
ANZ NEW ZEALAND INT'L LTD/LONDON 2.2% 07/17/2020$722,614
DOMINION ENERGY INC 2.579% 07/01/2020$717,182
LENNAR CORP 4.5% 04/30/2024$708,900
WM WRIGLEY JR CO 2.4% 10/21/2018$704,947
ONEOK INC 4.25% 02/01/2022$692,589
CBOE HOLDINGS INC 1.95% 06/28/2019$685,564
TTX CO 2.25% 02/01/2019$676,551
ROGERS COMMUNICATIONS INC 6.8% 08/15/2018$652,925
RYDER SYSTEM INC 2.45% 11/15/2018$614,246
ANADARKO PETROLEUM CORP 8.7% 03/15/2019$606,555
GLENCORE FINANCE CANADA LTD 2.7% 10/25/2017$601,719
AMERIGAS PARTNERS LP / AMERIGAS FINANCE CORP 5.5% 05/20/2025$598,850
ING BANK NV 2.05% 08/17/2018$596,858
RYDER SYSTEM INC 2.35% 02/26/2019$554,167
CATERPILLAR FINANCIAL SERVICES CORP 7.15% 02/15/2019$541,900
NAVIENT CORP 6.5% 06/15/2022$533,125
NISSAN MOTOR ACCEPTANCE CORP 1.477% 09/13/2019$502,470
DAIMLER FINANCE NORTH AMERICA LLC 2.2% 05/05/2020$496,721
MALLINCKRODT INTERNATIONAL FINANCE SA 3.5% 04/15/2018$469,069
DXC TECHNOLOGY CO 2.875% 03/27/2020$440,726
B&G FOODS INC 4.625% 06/01/2021$328,400
PETRO-CANADA 6.05% 05/15/2018$289,165
NEWELL BRANDS INC 2.6% 03/29/2019$264,160
GOLDMAN SACHS GROUP INC/THE 1.65% 12/15/2017$250,643
TECH DATA CORP 3.7% 02/15/2022$235,330
CONOCOPHILLIPS 5.75% 02/01/2019$150,327
FOREST LABORATORIES LLC 4.375% 02/01/2019$62,870
 
Short-Term/Cash
Holding NameMarket Value
FIDELITY INSTITUTIONAL MONEY MARKET$25,662,892
BLACKROCK TEMP FUND$25,662,892
 
Other
Holding NameMarket Value
S&P 500 FUTURE EQUITY INDEX SEP17 (SPU7) INDEX$9,694,495
HONG KONG DOLLAR$17,962
EURO$5,551
US 2YR NOTE (CBT) BOND SEP17 (TUU7) COMDTY$490
BRITISH POUND$21
US 5YR NOTE (CBT) BOND SEP17 (FVU7) COMDTY$-8,220
CURRENCY CONTRACT$-123,463
USD$-6,192,297
USD$-10,716,208

Footnotes

1.

Before investing in the Fund you should carefully consider your investment goals, tolerance for risk, investment time horizon, and personal circumstances. There is no guarantee that the Fund will meet its investment objective and you can lose money.

2.

The Fund is an investment option of VantageTrust, a group trust established and maintained by VantageTrust Company, LLC, a wholly owned subsidiary of ICMA-RC. VantageTrust provides for the commingling of assets of certain trusts and plans as described in its Declaration of Trust, and is only available for investment by such eligible trusts and plans. The Fund is not a mutual fund. Its units are not deposits of VantageTrust Company and are not insured by the Federal Deposit Insurance Corporation or any other agency. The Fund is a security that has not been registered under the Securities Act of 1933 and is exempt from investment company registration under the Investment Company Act of 1940. For additional information regarding the Fund, including a description of the principal risks, please consult the VantageTrust Funds Disclosure Memorandum, which is available when you log in at www.icmarc.org, or upon request by calling 800-669-7400.

The source for this information is Morningstar, Inc. Copyright © 2017 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.