PGIM Short-Term Corporate Bond Fund (PIFZX)
Barron’s Best Fund Families: Ranked #4 for best fund family over the 1-year period ended 12/31/2024, among 48 qualifying fund families based on asset- weighted returns.
MorningStar Rankings
Source: Morningstar. All rights reserved. Used with permission. Class Z shares inception: 3/14/2012. Morningstar rankings are based on total return, do not include the effects of sales charges, and are calculated against all funds in the Morningstar Global Large-Stock Growth category.
Past performance does not guarantee future results.
Seeks high current income consistent with the preservation of principal by investing at least 80% of its assets in corporate bonds. The Fund may be appropriate for investors seeking income from yields that corporate bonds offer.
Growth of $10,000
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. This chart represents historical performance and does not assume the effects of sales charges or varying fees and expenses of other share classes. If shown with sales charges or these other fees and expenses, performance could have been lower. It is not possible to invest directly in an index. Click here to view benchmark index definitions.
FUND INFORMATION
Fund Statistics
|
Name
|
Weight
|
|---|---|
| Duration (years) | 2.70 |
| Average Maturity (years) | 5.30 |
| Standard Deviation (3 year) | 3.33 |
Source: Morningstar. Morningstar Ratings may be calculated based on share class adjusted historical returns. If so, the fund’s independent Morningstar Rating metric uses the fund’s oldest class to determine its hypothetical rating for certain periods. Morningstar Ratings are calculated for managed products with a 3-year minimum history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. Rating is calculated based on a Morningstar Risk-Adjusted Return measure accounting for variation in a managed product's monthly excess performance that emphasizes downward variations more and rewards consistent performance, with no sales load adjustment. In each category, the top 10% receive 5 stars, with 4 stars for the next 22.5%, 3 stars for the next 35%, 2 stars for the next 22.5%, and 1 star for the bottom 10%. Overall Morningstar Rating is derived from a weighted average of the performance associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics: for 36-59 months of total returns, 100% 3-year rating, for 60-119 months of total returns, 60% 5-year rating/40% 3-year rating, and for 120 or more months of total returns, 50% 10-year rating/30% 5-year rating/20% 3-year rating.
Risks of investing in the fund include but are not limited to the following: Fixed Income investments are subject to credit, market, prepayment and interest rate risks, and their value will decline as interest rates rise. High yield (“junk”) bonds are subject to greater credit and market risks. Mortgage-backed and asset-backed securities tend to increase in value less than other debt securities when interest rates decline, but are subject to a similar risk of decline in market value during periods of rising interest rates. There is no guarantee the Fund's objective will be achieved. Risks are more fully explained in the fund's prospectus.
- Monthly & Quarterly Performance
- Prices & Yields
Total Returns (%)
| TOTAL RETURNS (%) WITH SALES CHARGE WITHOUT SALES CHARGE | |||||||
|---|---|---|---|---|---|---|---|
| Cumulative | Average Annual | ||||||
| Class | Ticker | YTD | 1-Yr | 3-Yr | 5-Yr | 10-Yr | Since Inception |
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.
See Daily Returns for the PGIM Short-Term Corporate Bond Fund.
See Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Short-Term Corporate Bond Fund.
See Daily Returns for the PGIM Short-Term Corporate Bond Fund.
See Quarterly SEC Standardized Performance of other PGIM Investments Mutual Funds.
See Calendar Year Performance for the PGIM Short-Term Corporate Bond Fund.
|
Fund Expenses
|
Maximum Sales Charge (%)
|
|||
|---|---|---|---|---|
|
Class
|
Gross (%)
|
Net (%)
|
Date*
|
|
| A | 0.72 | 0.71 | 04/30/2026 | 2.25 |
| C | 1.50 | 1.49 | 04/30/2026 | 1.00 |
| R | 1.30 | 1.04 | 04/30/2026 | — |
| R2 | 1.71 | 0.88 | 04/30/2026 | — |
| R4 | 1.18 | 0.63 | 04/30/2026 | — |
| R6 | 0.40 | 0.38 | 04/30/2026 | — |
| Z | 0.50 | 0.47 | 04/30/2026 | — |
*This date represents the contractual reduction date through which the net expense ratio is in effect.
Total return describes the return to the investor after net operating expenses but before any sales charges are imposed. Morningstar Category Average is unmanaged, is based on the average return of all funds in this category, and does not take into consideration applicable sales charges. Unless noted otherwise, Morningstar Category Average and index returns reflect performance beginning the closest month-end date to the Fund's inception. Benchmark since inception average is based on Class Z inception date. SEC standardized return describes the return to the investor after net operating expense and maximum sales charges are imposed. All returns assume share price changes as well as the compounding effect of reinvested dividends and capital gains. Returns may reflect fee waivers and/or expense reimbursements. Without such, returns would be lower. All returns 1-year or less are cumulative.
Morningstar Short-Term Bond Category Average: Short-term bond portfolios invest primarily in corporate and other investment-grade U.S. fixed-income issues and typically have durations of 1.0 to 3.5 years. These portfolios are attractive to fairly conservative investors, because they are less sensitive to interest rates than portfolios with longer durations. Morningstar calculates monthly breakpoints using the effective duration of the Morningstar Core Bond Index in determining duration assignment. Short-term is defined as 25% to 75% of the three- year average effective duration of the MCBI.
Bloomberg 1-5 Year U.S. Credit Index (Bloomberg U.S. Credit Index) is an unmanaged index of publicly issued U.S. corporate and specified foreign debentures and secured notes that meet specific maturity (between one and five years), liquidity, and quality requirements. It gives a broad look at how short- and intermediate-term bonds have performed.
An investment cannot be made directly in an index or average. All indexes and averages are unmanaged.
Prices
|
Class
|
NAV ($)
|
NAV Change ($)
|
NAV Change (%)
|
POP ($)
|
Total Net Assets ($)
|
|---|---|---|---|---|---|
| A | 10.85 | -0.01 | -0.09 | 11.10 | 1,077,828,596.25 |
| C | 10.85 | -0.01 | -0.09 | — | 99,544,700.17 |
| R | 10.85 | -0.01 | -0.09 | — | 82,809,028.46 |
| R2 | 10.89 | -0.01 | -0.09 | — | 1,286,979.11 |
| R4 | 10.89 | -0.01 | -0.09 | — | 1,735,148.64 |
| R6 | 10.88 | -0.01 | -0.09 | — | 1,820,001,929.40 |
| Z | 10.88 | 0.00 | 0.00 | — | 5,408,763,934.13 |
NAV (Net Asset Value) is the $U.S. value of a single share of a fund, excluding any sales charges. Change shows the change in $U.S. value over the previous day:
= Gain, 
= Loss, 
= No Change.
See Prices of other PGIM Investments Mutual Funds.
52 Week High/Low
|
Class
|
52 Week High ($)
|
52 Week High Date
|
52 Week Low ($)
|
52 Week Low Date
|
|---|---|---|---|---|
| A | 10.86 | 09/11/2025 | 10.54 | 01/14/2025 |
| C | 10.86 | 09/11/2025 | 10.54 | 01/14/2025 |
| R | 10.86 | 09/11/2025 | 10.54 | 01/14/2025 |
| R2 | 10.90 | 09/11/2025 | 10.58 | 01/13/2025 |
| R4 | 10.90 | 09/11/2025 | 10.58 | 01/14/2025 |
| R6 | 10.89 | 09/11/2025 | 10.57 | 01/13/2025 |
| Z | 10.88 | 09/12/2025 | 10.56 | 01/13/2025 |
For share classes less than one year old, the 52-week high and 52-week low NAVs are calculated from inception to the current date.
Yields
| Class | SEC 30-Day Subsidized Yield (%) | SEC 30-Day Unsubsidized Yield (%) | Offer Distb. Yield (%) | NAV Distb. Yield (%) | SEC-30 Day Sub Taxable Equivalent Yield (%) |
|---|---|---|---|---|---|
| A - View Prospectus | 3.76 | 3.75 | 3.75 | 3.84 | — |
| C - View Prospectus | 3.06 | 3.05 | — | 3.05 | — |
| R - View Prospectus | 3.52 | 3.25 | — | 3.51 | — |
| R2 - View Prospectus | 3.68 | 2.77 | — | 3.67 | — |
| R4 - View Prospectus | 3.93 | 3.39 | — | 3.92 | — |
| R6 - View Prospectus | 4.18 | 4.16 | — | 4.17 | — |
| Z - View Prospectus | 4.09 | 4.06 | — | 4.08 | — |
See Yields of other PGIM Investments Mutual Funds.
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost.
This material must be preceded or accompanied by a current prospectus or summary prospectus. Consider a fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
- Portfolio Summary
- Complete Holdings
Portfolio Attributes
Sector Breakdown (% of Assets)
|
Sector Breakdown
|
% of Assets
|
|---|---|
| Corporates | 83.5% |
| ABS | 9.4% |
| Emerging Markets | 1.9% |
| U.S Municipals | 1.0% |
| Commercial MBS | 0.9% |
| U.S. Govt Related | 0.8% |
| Foreign Govt Related | 0.8% |
| Other | 0.0% |
| Cash/Equiv | 1.7% |
Largest Industries (vs Benchmark)
|
Industry
|
Fund (% of Assets)
|
Overweight Underweight
|
|---|---|---|
| Banking | 23.6% | -3.3 |
| Electric & Water | 6.3% | 1.0 |
| Health Care & Pharmaceutical | 5.0% | -1.0 |
| Automotive | 4.7% | 1.6 |
| Technology | 4.0% | -3.8 |
| Energy - Midstream | 4.0% | 1.5 |
| REIT | 3.4% | 0.9 |
| Consumer Non-Cyclical | 3.2% | -0.5 |
| Telecom | 2.9% | 0.4 |
| Energy - Upstream | 2.8% | 0.7 |
Credit Quality (% of Assets)
|
Credit Quality
|
% of Assets
|
|---|---|
| AAA | 11.5% |
| AA | 12.4% |
| A | 28.3% |
| BBB | 44.6% |
| BB | 1.3% |
| Not Rated | 0.1% |
| Cash/Equiv | 1.7% |
Top 10 Corporate Issuers (% of Assets)
|
Largest Corporate Holdings
|
% of Assets
|
|---|---|
| Morgan Stanley | 2.5% |
| JPMorgan Chase | 2.3% |
| Goldman Sachs | 2.1% |
| Bank of America | 1.7% |
| Citigroup | 1.7% |
| Boeing | 1.3% |
| Ford Motor | 1.2% |
| Wells Fargo | 1.2% |
| BARCLAYS PLC | 1.1% |
| Deutsche Telekom | 1.1% |
FUND STATISTICS
|
Fund Statistics
|
Years
|
|---|---|
| Duration (years) | 2.7 |
| Average Maturity (years) | 5.3 |
| Standard Deviation (3 year) | 3.33 |
All data is unaudited and subject to change. Holdings/allocations may vary. This is not a recommendation to buy or sell any security listed. Total number of holdings based on issuers. Largest holdings exclude cash, cash equivalents, money market funds and enhanced cash strategies. Negative holdings reflect outstanding trades at period end.
Fund Holdings
Holdings are unaudited, may vary and are subject to change. Please refer to the Fund's annual report for audited holdings information. This is not a recommendation to buy or sell any security listed.
Value ($): Cash securities are calculated using market value and derivative securities are calculated using notional value.
Source: Bank of New York Mellon. Holdings are provided to Prudential Financial by the custodian bank and Prudential Financial is not responsible for any errors or omissions related to the holdings data.
© 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
Investment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC. PGIM Investments is a registered investment advisor and investment manager to PGIM registered investment companies. PGIM Fixed Income is a unit of PGIM, a registered investment advisor. PGIM Limited acts as a subadvisor to all fixed income funds. PGIM Limited is an indirect, wholly owned subsidiary of PGIM, Inc. (PGIM), the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. All are Prudential Financial affiliates. © 2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Fixed Income, PGIM Limited, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.
INVESTMENT PRODUCTS | Are not insured by the FDIC or any federal government agency | May lose value | Are not a deposit of or guaranteed by any bank or any bank affiliate.
Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.
4072323 Ed. 12/2024
|
Security ID# (CUSIP/SEDOL)
|
Security Description
|
Ticker Symbol
|
Coupon Rate
|
Maturity Date
|
Shares/Notional
|
Value ($)
|
% of Portfolio
|
|---|---|---|---|---|---|---|---|
| 74440W862 | (pipa070) Pgim Core Government Money Mar | — | 4.38 | 12/01/2099 | 175,308,418.00 | 175,308,417.00 | 2.08 |
| 06051GJS9 | BANK Of America Corp | BAC | 1.73 | 07/22/2027 | 63,500,000.00 | 62,049,244.00 | 0.74 |
| 22823RAJ8 | Crown City Clo I | CCITY | 5.78 | 07/20/2034 | 60,000,000.00 | 60,118,566.00 | 0.72 |
| 449251AU1 | ICG Us Clo 2020-1 Ltd | ICG | 5.43 | 01/20/2035 | 58,800,000.00 | 58,800,000.00 | 0.70 |
| 345397B77 | FORD Motor Credit Co Llc | F | 2.7 | 08/10/2026 | 59,449,000.00 | 58,258,744.00 | 0.69 |
| 95000U3J0 | Wells Fargo & Co | WFC | 5.2 | 01/23/2030 | 54,840,000.00 | 56,416,785.00 | 0.67 |
| 40436TBN5 | HPS Loan Management 10-2016 Ltd | HLM | 5.45 | 04/20/2034 | 50,000,000.00 | 50,073,355.00 | 0.60 |
| 26078JAD2 | Dupont De Nemours Inc | DD | 4.73 | 11/15/2028 | 49,115,000.00 | 50,044,241.00 | 0.60 |
| 46647PCB0 | Jpmorgan Chase & Co | JPM | 1.58 | 04/22/2027 | 50,804,000.00 | 49,928,515.00 | 0.59 |
| 50204NAQ1 | LCM 39 Ltd | LCM | 5.66 | 10/15/2034 | 48,400,000.00 | 48,525,636.00 | 0.58 |
| 38141GYG3 | Goldman Sachs Group Inc/the | GS | 1.54 | 09/10/2027 | 48,420,000.00 | 47,057,717.00 | 0.56 |
| 0641598N9 | BANK Of Nova Scotia/the | BNS | 3.63 | 10/27/2081 | 50,000,000.00 | 46,937,500.00 | 0.56 |
| 571676AY1 | MARS Inc | MARS | 4.8 | 03/01/2030 | 45,780,000.00 | 46,657,408.00 | 0.55 |
| 83012VAA1 | Sixth Street Clo Viii Ltd | SIXST | 5.48 | 10/20/2034 | 45,000,000.00 | 45,056,920.00 | 0.54 |
| 89624CDG4 | Trimaran Cavu 2019-1 Ltd | CAVU | 5.52 | 01/20/2037 | 44,851,000.00 | 44,954,309.00 | 0.53 |
| 87264ABD6 | T-mobile Usa Inc | TMUS | 3.75 | 04/15/2027 | 44,311,000.00 | 44,016,435.00 | 0.52 |
| 775109DE8 | Rogers Communications Inc | RCICN | 5.0 | 02/15/2029 | 42,526,000.00 | 43,382,767.00 | 0.52 |
| 92212WAD2 | VAR Energi Asa | VARNO | 7.5 | 01/15/2028 | 40,350,000.00 | 42,773,287.00 | 0.51 |
| 38141GYA6 | Goldman Sachs Group Inc/the | GS | 1.43 | 03/09/2027 | 43,453,000.00 | 42,778,145.00 | 0.51 |
| 50212YAH7 | LPL Holdings Inc | LPLA | 6.75 | 11/17/2028 | 39,652,000.00 | 42,450,615.00 | 0.50 |
| 35671DCG8 | Freeport-mcmoran Inc | FCX | 4.38 | 08/01/2028 | 40,964,000.00 | 40,972,068.00 | 0.49 |
| 69689ABU3 | Palmer Square Clo 2015-1 Ltd | PLMRS | 5.26 | 05/21/2034 | 40,000,000.00 | 40,017,976.00 | 0.48 |
| 87190CBG4 | TCW Clo 2020-1 Ltd | TCW | 5.38 | 04/20/2034 | 40,000,000.00 | 40,016,024.00 | 0.48 |
| 89641HBC3 | Trinitas Clo Xi Ltd | TRNTS | 5.51 | 07/15/2034 | 40,000,000.00 | 40,034,800.00 | 0.48 |
| 65535HAZ2 | Nomura Holdings Inc | NOMURA | 2.33 | 01/22/2027 | 39,725,000.00 | 38,663,118.00 | 0.46 |
| 46647PCP9 | Jpmorgan Chase & Co | JPM | 1.47 | 09/22/2027 | 39,288,000.00 | 38,164,179.00 | 0.45 |
| 14686AAY5 | Carval Clo Ii Ltd | CARVL | 5.35 | 04/20/2032 | 37,958,462.00 | 37,961,631.00 | 0.45 |
| 097023CM5 | Boeing Co/the | BA | 2.7 | 02/01/2027 | 37,574,000.00 | 36,726,261.00 | 0.44 |
| 200340AW7 | Comerica Inc | CMA | 5.98 | 01/30/2030 | 36,045,000.00 | 37,379,942.00 | 0.44 |
| 694308KQ9 | Pacific Gas And Electric Co | PCG | 5.55 | 05/15/2029 | 35,380,000.00 | 36,388,608.00 | 0.43 |
| 91324PEU2 | Unitedhealth Group Inc | UNH | 4.25 | 01/15/2029 | 35,510,000.00 | 35,609,871.00 | 0.42 |
| 11135FBH3 | Broadcom Inc | AVGO | 2.45 | 02/15/2031 | 38,700,000.00 | 34,978,188.00 | 0.42 |
| 120568BL3 | Bunge Ltd Finance Corp | BG | 2.0 | 04/21/2026 | 35,200,000.00 | 34,621,007.00 | 0.41 |
| 172967PR6 | Citigroup Inc | C | 6.75 | 02/15/2173 | 33,920,000.00 | 34,247,039.00 | 0.41 |
| 43475RAB2 | Amrize Finance Us Llc | AMRZ | 4.7 | 04/07/2028 | 33,760,000.00 | 34,168,729.00 | 0.41 |
| 92840VAG7 | Vistra Operations Co Llc | VST | 3.7 | 01/30/2027 | 34,910,000.00 | 34,573,477.00 | 0.41 |
| 830867AB3 | Delta Air Lines Inc / Skymiles Ip Ltd | DAL | 4.75 | 10/20/2028 | 34,560,000.00 | 34,689,600.00 | 0.41 |
| 89788MAL6 | Truist Financial Corp | TFC | 4.87 | 01/26/2029 | 33,415,000.00 | 33,914,259.00 | 0.40 |
| 46647PEJ1 | Jpmorgan Chase & Co | JPM | 5.0 | 07/22/2030 | 32,810,000.00 | 33,645,280.00 | 0.40 |
| 12513GBG3 | CDW Llc / Cdw Finance Corp | CDW | 2.67 | 12/01/2026 | 33,990,000.00 | 33,267,569.00 | 0.40 |
| 12527GAH6 | CF Industries Inc | CF | 4.5 | 12/01/2026 | 33,450,000.00 | 33,503,317.00 | 0.40 |
| 06738ECJ2 | Barclays Plc | BACR | 6.5 | 09/13/2027 | 32,530,000.00 | 33,195,528.00 | 0.39 |
| 045054AN3 | Ashtead Capital Inc | AHTLN | 1.5 | 08/12/2026 | 33,760,000.00 | 32,808,936.00 | 0.39 |
| 6174468X0 | Morgan Stanley | MS | 1.93 | 04/28/2032 | 37,081,000.00 | 32,177,077.00 | 0.38 |
| 89288CAA7 | Wellfleet Clo 2021-4 Ltd | WELF | 5.9 | 04/25/2034 | 32,000,000.00 | 32,079,811.00 | 0.38 |
| 03333CAA3 | Anchorage Capital Clo 30 Ltd | ANCHC | 5.63 | 01/20/2037 | 31,100,000.00 | 31,228,340.00 | 0.37 |
| 06051GJZ3 | BANK Of America Corp | BAC | 2.09 | 06/14/2029 | 32,800,000.00 | 30,986,035.00 | 0.37 |
| 12704PAA6 | CRH Smw Finance Dac | CRHID | 5.2 | 05/21/2029 | 29,000,000.00 | 29,897,465.00 | 0.36 |
| 138616AK3 | Cantor Fitzgerald Lp | CANTOR | 4.5 | 04/14/2027 | 30,625,000.00 | 30,418,241.00 | 0.36 |
| 404280CT4 | HSBC Holdings Plc | HSBC | 2.8 | 05/24/2032 | 33,670,000.00 | 30,399,023.00 | 0.36 |
| 83444MAP6 | Solventum Corp | SOLV | 5.4 | 03/01/2029 | 29,125,000.00 | 30,366,992.00 | 0.36 |
| 532457DD7 | ELI Lilly & Co | LLY | 4.55 | 10/15/2032 | 30,000,000.00 | 30,160,924.00 | 0.36 |
| 61747YFZ3 | Morgan Stanley | MS | 5.19 | 04/17/2031 | 28,250,000.00 | 29,127,664.00 | 0.35 |
| 74368CBS2 | Protective Life Global Funding | PL | 5.21 | 04/14/2026 | 29,250,000.00 | 29,395,802.00 | 0.35 |
| 29717PAY3 | Essex Portfolio Lp | ESS | 1.7 | 03/01/2028 | 31,461,000.00 | 29,608,313.00 | 0.35 |
| 446150BC7 | Huntington Bancshares Inc/oh | HBAN | 6.21 | 08/21/2029 | 26,769,000.00 | 28,209,191.00 | 0.34 |
| 863667BL4 | Stryker Corp | SYK | 4.85 | 02/10/2030 | 27,559,000.00 | 28,257,155.00 | 0.34 |
| 879360AD7 | Teledyne Technologies Inc | TDY | 2.25 | 04/01/2028 | 30,162,000.00 | 28,729,265.00 | 0.34 |
| 61747YEK7 | Morgan Stanley | MS | 2.48 | 01/21/2028 | 29,305,000.00 | 28,600,745.00 | 0.34 |
| 718172DM8 | Philip Morris International Inc | PM | 4.38 | 11/01/2027 | 28,750,000.00 | 28,934,705.00 | 0.34 |
| 83272GAD3 | Smurfit Kappa Treasury Ulc | SW | 5.2 | 01/15/2030 | 26,700,000.00 | 27,545,538.00 | 0.33 |
| 125523CB4 | Cigna Group/the | CI | 3.4 | 03/01/2027 | 28,034,000.00 | 27,735,068.00 | 0.33 |
| 039482AB0 | Archer-daniels-midland Co | ADM | 3.25 | 03/27/2030 | 28,645,000.00 | 27,546,228.00 | 0.33 |
| 01626PAH9 | Alimentation Couche-tard Inc | ATDBCN | 3.55 | 07/26/2027 | 28,202,000.00 | 27,843,947.00 | 0.33 |
| 06055HAK9 | BANK Of America Corp | BAC | 6.25 | 10/26/2173 | 26,810,000.00 | 26,848,539.00 | 0.32 |
| 097023DB8 | Boeing Co/the | BA | 3.25 | 02/01/2028 | 27,812,000.00 | 27,150,764.00 | 0.32 |
| 77586RAY6 | Romanian Government International Bond | ROMANI | 5.75 | 09/16/2030 | 26,680,000.00 | 26,913,916.00 | 0.32 |
| 95000U3E1 | Wells Fargo & Co | WFC | 5.57 | 07/25/2029 | 25,945,000.00 | 26,892,798.00 | 0.32 |
| 591894CE8 | Firstenergy Pennsylvania Electric Co | FE | 5.2 | 04/01/2028 | 26,650,000.00 | 27,279,102.00 | 0.32 |
| 46647PEG7 | Jpmorgan Chase & Co | JPM | 5.58 | 04/22/2030 | 25,605,000.00 | 26,738,237.00 | 0.32 |
| 46647PDU7 | Jpmorgan Chase & Co | JPM | 5.3 | 07/24/2029 | 25,000,000.00 | 25,749,432.00 | 0.31 |
| 6174468L6 | Morgan Stanley | MS | 2.7 | 01/22/2031 | 28,375,000.00 | 26,433,054.00 | 0.31 |
| 94877DAA2 | WEIR Group Inc | WEIRLN | 5.35 | 05/06/2030 | 25,250,000.00 | 25,784,653.00 | 0.31 |
| 758750AM5 | Regal Rexnord Corp | RRX | 6.05 | 04/15/2028 | 25,000,000.00 | 25,873,075.00 | 0.31 |
| 00206RML3 | AT&T Inc | T | 1.7 | 03/25/2026 | 26,550,000.00 | 26,153,323.00 | 0.31 |
| 17287HAD2 | Citadel Finance Llc | CITADL | 5.9 | 02/10/2030 | 25,730,000.00 | 26,111,937.00 | 0.31 |
| 172967NA5 | Citigroup Inc | C | 1.46 | 06/09/2027 | 26,450,000.00 | 25,858,066.00 | 0.31 |
| 17325FBP2 | Citibank Na | C | 4.91 | 05/29/2030 | 25,035,000.00 | 25,700,630.00 | 0.31 |
| 20268JAR4 | Commonspirit Health | CATMED | 5.21 | 12/01/2031 | 24,265,000.00 | 25,087,657.00 | 0.30 |
| 172967QA2 | Citigroup Inc | C | 4.95 | 05/07/2031 | 24,930,000.00 | 25,403,630.00 | 0.30 |
| 25278XAY5 | Diamondback Energy Inc | FANG | 5.15 | 01/30/2030 | 24,905,000.00 | 25,590,649.00 | 0.30 |
| 444859CA8 | Humana Inc | HUM | 5.38 | 04/15/2031 | 24,357,000.00 | 25,089,474.00 | 0.30 |
| 00206RJX1 | AT&T Inc | T | 2.3 | 06/01/2027 | 25,645,000.00 | 24,837,868.00 | 0.30 |
| 00118XAS5 | AGL Clo 22 Ltd | AGL | 5.52 | 01/20/2037 | 25,300,000.00 | 25,377,805.00 | 0.30 |
| 06051GJQ3 | BANK Of America Corp | BAC | 1.66 | 03/11/2027 | 25,520,000.00 | 25,156,995.00 | 0.30 |
| 11120VAK9 | Brixmor Operating Partnership Lp | BRX | 2.25 | 04/01/2028 | 26,313,000.00 | 25,053,340.00 | 0.30 |
| 13607PNF7 | Canadian Imperial Bank Of Commerce | CM | 6.95 | 01/28/2085 | 25,145,000.00 | 25,239,293.00 | 0.30 |
| 92331DBJ6 | Venture 28a Clo Ltd | VENTR | 5.44 | 10/20/2034 | 25,000,000.00 | 25,022,245.00 | 0.30 |
| 87240NBG0 | TCW Clo 2017-1 Ltd | TCW | 5.46 | 10/29/2034 | 25,000,000.00 | 25,031,785.00 | 0.30 |
| 606822BY9 | Mitsubishi Ufj Financial Group Inc | MUFG | 1.54 | 07/20/2027 | 25,830,000.00 | 25,178,402.00 | 0.30 |
| 55822BAC9 | Madison Park Funding Lii Ltd | MDPK | 5.69 | 01/22/2035 | 25,000,000.00 | 25,035,567.00 | 0.30 |
| 469814AB3 | Jacobs Engineering Group Inc | J | 6.35 | 08/18/2028 | 24,090,000.00 | 25,385,538.00 | 0.30 |
| 713448GH5 | Pepsico Inc | PEP | 4.3 | 07/23/2030 | 25,000,000.00 | 25,144,626.00 | 0.30 |
| 65339KCM0 | Nextera Energy Capital Holdings Inc | NEE | 4.9 | 02/28/2028 | 24,775,000.00 | 25,208,565.00 | 0.30 |
| 61776NVE0 | Morgan Stanley Private Bank Na | MS | 4.47 | 07/06/2028 | 24,000,000.00 | 24,101,264.00 | 0.29 |
| 49446RAX7 | Kimco Realty Op Llc | KIM | 1.9 | 03/01/2028 | 25,310,000.00 | 24,026,816.00 | 0.29 |
| 61747YFD2 | Morgan Stanley | MS | 5.16 | 04/20/2029 | 24,090,000.00 | 24,632,324.00 | 0.29 |
| 91282CLK5 | United States Treasury Note/bond | T | 3.63 | 08/31/2029 | 24,385,000.00 | 24,377,379.00 | 0.29 |
| 11135FCA7 | Broadcom Inc | AVGO | 4.15 | 02/15/2028 | 24,250,000.00 | 24,269,487.00 | 0.29 |
| 37045XDD5 | General Motors Financial Co Inc | GM | 1.25 | 01/08/2026 | 24,885,000.00 | 24,592,092.00 | 0.29 |
| 26951TAA8 | Eagle Funding Luxco Sarl | MEX | 5.5 | 08/17/2030 | 24,160,000.00 | 24,511,769.00 | 0.29 |
| 38141GC93 | Goldman Sachs Group Inc/the | GS | 5.22 | 04/23/2031 | 22,900,000.00 | 23,643,907.00 | 0.28 |
| 15189TBA4 | Centerpoint Energy Inc | CNP | 1.45 | 06/01/2026 | 24,160,000.00 | 23,636,125.00 | 0.28 |
| 02079KAK3 | Alphabet Inc | GOOGL | 4.0 | 05/15/2030 | 23,800,000.00 | 23,938,279.00 | 0.28 |
| 75625QAE9 | Reckitt Benckiser Treasury Services Plc | RKTLN | 3.0 | 06/26/2027 | 23,730,000.00 | 23,284,374.00 | 0.28 |
| 771196CK6 | Roche Holdings Inc | ROSW | 4.91 | 03/08/2031 | 22,500,000.00 | 23,218,304.00 | 0.28 |
| 82622RAC0 | Siemens Funding Bv | SIEGR | 4.6 | 05/28/2030 | 22,760,000.00 | 23,139,680.00 | 0.28 |
| 60687YBA6 | Mizuho Financial Group Inc | MIZUHO | 2.87 | 09/13/2030 | 24,524,000.00 | 23,123,633.00 | 0.28 |
| 46645LAX5 | Jpmbb Commercial Mortgage Securities Tru | JPMBB | 3.31 | 03/03/2049 | 23,902,512.00 | 23,799,611.00 | 0.28 |
| 69377FAA4 | Freeport Indonesia Pt | FRIDPT | 4.76 | 04/14/2027 | 23,245,000.00 | 23,320,546.00 | 0.28 |
| 969457CH1 | Williams Cos Inc/the | WMB | 5.4 | 03/02/2026 | 23,745,000.00 | 23,853,127.00 | 0.28 |
| 92918FAF1 | VOYA Clo 2019-3 Ltd | VOYA | 5.66 | 10/17/2032 | 23,095,750.00 | 23,122,044.00 | 0.27 |
| 08162QAA7 | Benchmark 2020-ig3 Mortgage Trust | BMARK | 2.48 | 09/01/2048 | 22,828,182.00 | 22,427,613.00 | 0.27 |
| 25179MBD4 | Devon Energy Corp | DVN | 5.25 | 10/15/2027 | 22,365,000.00 | 22,402,072.00 | 0.27 |
| 26441CBP9 | DUKE Energy Corp | DUK | 3.25 | 01/15/2082 | 23,430,000.00 | 22,610,750.00 | 0.27 |
| 25746UDW6 | Dominion Energy Inc | D | 5.0 | 06/15/2030 | 21,470,000.00 | 22,046,171.00 | 0.26 |
| 25746UDY2 | Dominion Energy Inc | D | 4.6 | 05/15/2028 | 21,470,000.00 | 21,703,778.00 | 0.26 |
| 29273VAT7 | Energy Transfer Lp | ET | 6.4 | 12/01/2030 | 20,305,000.00 | 21,964,746.00 | 0.26 |
| 29379VAN3 | Enterprise Products Operating Llc | EPD | 7.37 | 06/01/2067 | 22,233,000.00 | 22,126,683.00 | 0.26 |
| 251526CU1 | Deutsche Bank Ag/new York Ny | DB | 6.82 | 11/20/2029 | 20,510,000.00 | 21,989,478.00 | 0.26 |
| 37045XDP8 | General Motors Financial Co Inc | GM | 2.4 | 10/15/2028 | 23,040,000.00 | 21,730,777.00 | 0.26 |
| 41283LBA2 | Harley-davidson Financial Services Inc | HOG | 3.05 | 02/14/2027 | 22,442,000.00 | 22,033,598.00 | 0.26 |
| 94949WAR7 | Wellfleet Clo X Ltd | WELF | 5.45 | 07/20/2032 | 21,588,881.00 | 21,605,610.00 | 0.26 |
| 88258MAA3 | Texas Natural Gas Securitization Finance | TNG23 | 5.1 | 04/01/2035 | 21,011,977.00 | 21,593,965.00 | 0.26 |
| 806851AM3 | Schlumberger Holdings Corp | SLB | 5.0 | 11/15/2029 | 21,080,000.00 | 21,733,809.00 | 0.26 |
| 780082AR4 | Royal Bank Of Canada | RY | 7.5 | 05/02/2084 | 20,000,000.00 | 20,850,000.00 | 0.25 |
| 78017DAM0 | Royal Bank Of Canada | RY | 4.7 | 08/06/2031 | 20,690,000.00 | 20,889,072.00 | 0.25 |
| 83368RBJ0 | Societe Generale Sa | SOCGEN | 3.34 | 01/21/2033 | 23,725,000.00 | 21,360,331.00 | 0.25 |
| 62878U2H4 | NBN Co Ltd | NBNAUS | 4.0 | 10/01/2027 | 21,420,000.00 | 21,355,572.00 | 0.25 |
| 404280ER6 | HSBC Holdings Plc | HSBC | 5.13 | 03/03/2031 | 20,765,000.00 | 21,237,902.00 | 0.25 |
| 303901BF8 | Fairfax Financial Holdings Ltd | FFHCN | 4.63 | 04/29/2030 | 21,300,000.00 | 21,362,257.00 | 0.25 |
| 14040HCZ6 | Capital One Financial Corp | COF | 6.31 | 06/08/2029 | 19,800,000.00 | 20,783,320.00 | 0.25 |
| 01400EAB9 | Alcon Finance Corp | ALCSW | 3.0 | 09/23/2029 | 22,013,000.00 | 20,984,936.00 | 0.25 |
| 056121AA4 | BPCE Sa | BPCEGP | 5.39 | 05/28/2031 | 20,335,000.00 | 20,785,385.00 | 0.25 |
| 025816EJ4 | American Express Co | AXP | 4.35 | 07/20/2029 | 20,000,000.00 | 20,098,413.00 | 0.24 |
| 015271AN9 | Alexandria Real Estate Equities Inc | ARE | 4.7 | 07/01/2030 | 20,171,000.00 | 20,315,883.00 | 0.24 |
| 06738ECY9 | Barclays Plc | BACR | 5.37 | 02/25/2031 | 19,840,000.00 | 20,465,436.00 | 0.24 |
| 62954WAM7 | NTT Finance Corp | NTT | 5.11 | 07/02/2029 | 20,000,000.00 | 20,519,486.00 | 0.24 |
| 74256LEW5 | Principal Life Global Funding Ii | PFG | 5.5 | 06/28/2028 | 19,750,000.00 | 20,401,100.00 | 0.24 |
| 46266TAC2 | Iqvia Inc | IQV | 5.7 | 05/15/2028 | 19,795,000.00 | 20,426,280.00 | 0.24 |
| 571748CA8 | Marsh & Mclennan Cos Inc | MMC | 4.65 | 03/15/2030 | 19,600,000.00 | 19,942,792.00 | 0.24 |
| 866677AF4 | SUN Communities Operating Lp | SUI | 2.3 | 11/01/2028 | 21,558,000.00 | 20,401,119.00 | 0.24 |
| 816851BM0 | Sempra | SRE | 4.13 | 04/01/2052 | 20,635,000.00 | 20,093,761.00 | 0.24 |
| 87612GAE1 | Targa Resources Corp | TRGP | 6.15 | 03/01/2029 | 18,893,000.00 | 19,946,084.00 | 0.24 |
| 91159HJM3 | US Bancorp | USB | 5.78 | 06/12/2029 | 19,156,000.00 | 19,954,017.00 | 0.24 |
| 984851AF2 | YARA International Asa | YARNO | 4.75 | 06/01/2028 | 19,950,000.00 | 20,048,752.00 | 0.24 |
| 92564RAJ4 | VICI Properties Lp / Vici Note Co Inc | VICI | 5.75 | 02/01/2027 | 18,971,000.00 | 19,221,736.00 | 0.23 |
| 756109BH6 | Realty Income Corp | O | 3.4 | 01/15/2028 | 19,483,000.00 | 19,235,559.00 | 0.23 |
| 69353RFZ6 | PNC Bank Na | PNC | 4.43 | 07/21/2028 | 19,645,000.00 | 19,715,329.00 | 0.23 |
| 12509VAG7 | CBAM 2020-12 Ltd | CBAM | 5.77 | 07/20/2034 | 19,500,000.00 | 19,536,217.00 | 0.23 |
| 166754AP6 | Chevron Phillips Chemical Co Llc / Chevr | CPCHEM | 3.4 | 12/01/2026 | 19,417,000.00 | 19,238,357.00 | 0.23 |
| 26875PAY7 | EOG Resources Inc | EOG | 5.0 | 07/15/2032 | 18,455,000.00 | 18,775,555.00 | 0.22 |
| 12592BAR5 | CNH Industrial Capital Llc | CNHI | 5.5 | 01/12/2029 | 17,980,000.00 | 18,624,406.00 | 0.22 |
| 01882YAC0 | Alliant Energy Finance Llc | LNT | 1.4 | 03/15/2026 | 18,650,000.00 | 18,298,984.00 | 0.22 |
| 00287YDZ9 | Abbvie Inc | ABBV | 4.88 | 03/15/2030 | 17,750,000.00 | 18,275,846.00 | 0.22 |
| 05964HBJ3 | Banco Santander Sa | SANTAN | 5.57 | 01/17/2030 | 17,400,000.00 | 18,121,905.00 | 0.22 |
| 61747YFF7 | Morgan Stanley | MS | 5.45 | 07/20/2029 | 17,800,000.00 | 18,373,236.00 | 0.22 |
| 46266TAF5 | Iqvia Inc | IQV | 6.25 | 02/01/2029 | 17,415,000.00 | 18,351,993.00 | 0.22 |
| 46514Y8A8 | Israel Government International Bond | ISRAEL | 5.38 | 02/19/2030 | 18,194,000.00 | 18,669,349.00 | 0.22 |
| 46188BAE2 | Invitation Homes Operating Partnership L | INVH | 5.45 | 08/15/2030 | 17,249,000.00 | 17,939,096.00 | 0.21 |
| 620076CA5 | Motorola Solutions Inc | MSI | 4.85 | 08/15/2030 | 17,405,000.00 | 17,732,611.00 | 0.21 |
| 670898AQ8 | OCP Clo 2020-8r Ltd | OCP | 5.57 | 10/17/2036 | 18,000,000.00 | 18,037,211.00 | 0.21 |
| 68327LAC0 | Ontario Teachers' Cadillac Fairview Prop | CFPTCN | 4.13 | 02/01/2029 | 17,864,000.00 | 17,691,985.00 | 0.21 |
| 86562MCG3 | Sumitomo Mitsui Financial Group Inc | SUMIBK | 1.9 | 09/17/2028 | 18,905,000.00 | 17,675,411.00 | 0.21 |
| 83444MAN1 | Solventum Corp | SOLV | 5.45 | 02/25/2027 | 17,580,000.00 | 17,916,521.00 | 0.21 |
| 92808VAB8 | Virginia Power Fuel Securitization Llc | VIRPFS | 4.88 | 05/01/2031 | 17,069,000.00 | 17,399,229.00 | 0.21 |
| 89116CKP1 | Toronto-dominion Bank/the | TD | 7.25 | 07/31/2084 | 17,340,000.00 | 17,946,900.00 | 0.21 |
| 89236TNA9 | Toyota Motor Credit Corp | TOYOTA | 4.95 | 01/09/2030 | 17,250,000.00 | 17,774,397.00 | 0.21 |
| 05964HBG9 | Banco Santander Sa | SANTAN | 5.44 | 07/15/2031 | 16,600,000.00 | 17,368,266.00 | 0.21 |
| 05565ECY9 | BMW Us Capital Llc | BMW | 5.05 | 03/21/2030 | 17,080,000.00 | 17,560,311.00 | 0.21 |
| 025816EF2 | American Express Co | AXP | 5.02 | 04/25/2031 | 16,915,000.00 | 17,373,080.00 | 0.21 |
| 023608AK8 | Ameren Corp | AEE | 1.75 | 03/15/2028 | 18,710,000.00 | 17,643,256.00 | 0.21 |
| 29250NBX2 | Enbridge Inc | ENBCN | 6.0 | 11/15/2028 | 16,420,000.00 | 17,304,872.00 | 0.21 |
| 42250GAB9 | Healthpeak Op Llc | DOC | 4.75 | 01/15/2033 | 18,090,000.00 | 17,973,625.00 | 0.21 |
| 452252FK0 | Illinois State Toll Highway Authority | ILSTRN | 5.85 | 12/01/2034 | 17,290,000.00 | 18,000,112.00 | 0.21 |
| 37190AAA7 | Genpact Luxembourg Sarl/genpact Usa Inc | G | 1.75 | 04/10/2026 | 18,395,000.00 | 18,075,372.00 | 0.21 |
| 98389BBD1 | XCEL Energy Inc | XEL | 4.75 | 03/21/2028 | 17,390,000.00 | 17,600,606.00 | 0.21 |
| 44891ADB0 | Hyundai Capital America | HYNMTR | 5.28 | 06/24/2027 | 16,850,000.00 | 17,098,330.00 | 0.20 |
| 17327CAQ6 | Citigroup Inc | C | 3.06 | 01/25/2033 | 18,715,000.00 | 16,899,303.00 | 0.20 |
| 097023DG7 | Boeing Co/the | BA | 2.2 | 02/04/2026 | 16,700,000.00 | 16,533,757.00 | 0.20 |
| 06738EDD4 | Barclays Plc | BACR | 4.48 | 11/11/2029 | 17,025,000.00 | 17,049,175.00 | 0.20 |
| 89236TNJ0 | Toyota Motor Credit Corp | TOYOTA | 4.8 | 05/15/2030 | 16,485,000.00 | 16,867,152.00 | 0.20 |
| 95000U3G6 | Wells Fargo & Co | WFC | 6.3 | 10/23/2029 | 15,865,000.00 | 16,816,424.00 | 0.20 |
| 83610HAL4 | Sound Point Clo Vii-r Ltd | SNDPT | 5.65 | 10/23/2031 | 16,554,359.00 | 16,557,805.00 | 0.20 |
| 65535HAW9 | Nomura Holdings Inc | NOMURA | 1.65 | 07/14/2026 | 16,975,000.00 | 16,583,743.00 | 0.20 |
| 733174AL0 | Popular Inc | BPOP | 7.25 | 03/13/2028 | 15,795,000.00 | 16,501,826.00 | 0.20 |
| 720186AL9 | Piedmont Natural Gas Co Inc | DUK | 3.5 | 06/01/2029 | 16,551,000.00 | 16,149,573.00 | 0.19 |
| 56585ABK7 | Marathon Petroleum Corp | MPC | 5.15 | 03/01/2030 | 15,415,000.00 | 15,857,798.00 | 0.19 |
| 91324PED0 | Unitedhealth Group Inc | UNH | 2.3 | 05/15/2031 | 17,455,000.00 | 15,584,875.00 | 0.19 |
| 88947EAS9 | TOLL Brothers Finance Corp | TOL | 4.88 | 03/15/2027 | 15,635,000.00 | 15,740,365.00 | 0.19 |
| 87264ADE2 | T-mobile Usa Inc | TMUS | 4.85 | 01/15/2029 | 16,010,000.00 | 16,326,849.00 | 0.19 |
| 902613AH1 | UBS Group Ag | UBS | 1.49 | 08/10/2027 | 16,550,000.00 | 16,100,763.00 | 0.19 |
| 08576BAB8 | Berry Global Inc | BERY | 5.8 | 06/15/2031 | 15,200,000.00 | 16,085,804.00 | 0.19 |
| 097023CY9 | Boeing Co/the | BA | 5.15 | 05/01/2030 | 15,603,000.00 | 15,990,333.00 | 0.19 |
| 12803RAB0 | Caixabank Sa | CABKSM | 6.68 | 09/13/2027 | 15,790,000.00 | 16,144,221.00 | 0.19 |
| 15089QAW4 | Celanese Us Holdings Llc | CE | 6.85 | 11/15/2028 | 14,954,000.00 | 15,596,602.00 | 0.19 |
| 025816CH0 | American Express Co | AXP | 3.55 | 09/15/2172 | 16,080,000.00 | 15,702,016.00 | 0.19 |
| 251526CP2 | Deutsche Bank Ag/new York Ny | DB | 2.31 | 11/16/2027 | 16,725,000.00 | 16,315,043.00 | 0.19 |
| 41283LBB0 | Harley-davidson Financial Services Inc | HOG | 5.95 | 06/11/2029 | 15,763,000.00 | 16,323,292.00 | 0.19 |
| 38144GAG6 | Goldman Sachs Group Inc/the | GS | 3.65 | 02/10/2173 | 16,130,000.00 | 15,777,979.00 | 0.19 |
| XS24886266 | DUKE Energy Corp | DUK | 3.1 | 06/15/2028 | 13,425,000.00 | 15,836,109.00 | 0.19 |
| 00287YDS5 | Abbvie Inc | ABBV | 4.8 | 03/15/2029 | 14,535,000.00 | 14,873,386.00 | 0.18 |
| 92556VAD8 | Viatris Inc | VTRS | 2.7 | 06/22/2030 | 16,455,000.00 | 14,783,107.00 | 0.18 |
| 91324PFG2 | Unitedhealth Group Inc | UNH | 4.8 | 01/15/2030 | 14,750,000.00 | 15,070,344.00 | 0.18 |
| 857477CW1 | State Street Corp | STT | 4.73 | 02/28/2030 | 15,115,000.00 | 15,452,680.00 | 0.18 |
| 59284MAA2 | Mexico City Airport Trust | MEXCAT | 4.25 | 10/31/2026 | 15,125,000.00 | 15,058,752.00 | 0.18 |
| 526107AG2 | Lennox International Inc | LII | 5.5 | 09/15/2028 | 14,760,000.00 | 15,282,860.00 | 0.18 |
| 50540RAZ5 | Laboratory Corp Of America Holdings | LH | 4.35 | 04/01/2030 | 14,675,000.00 | 14,670,888.00 | 0.17 |
| 517834AN7 | LAS Vegas Sands Corp | LVS | 6.0 | 06/14/2030 | 13,855,000.00 | 14,419,520.00 | 0.17 |
| 68389XCZ6 | Oracle Corp | ORCL | 5.25 | 02/03/2032 | 13,715,000.00 | 14,101,659.00 | 0.17 |
| 65480CAC9 | Nissan Motor Acceptance Co Llc | NSANY | 1.85 | 09/16/2026 | 15,000,000.00 | 14,421,711.00 | 0.17 |
| 68327LAB2 | Ontario Teachers' Cadillac Fairview Prop | CFPTCN | 3.88 | 03/20/2027 | 14,558,000.00 | 14,424,874.00 | 0.17 |
| 857477DB6 | State Street Corp | STT | 4.83 | 04/24/2030 | 14,155,000.00 | 14,525,403.00 | 0.17 |
| 816851BQ1 | Sempra | SRE | 5.4 | 08/01/2026 | 14,285,000.00 | 14,400,438.00 | 0.17 |
| 767201AD8 | RIO Tinto Finance Usa Ltd | RIOLN | 7.13 | 07/15/2028 | 12,837,000.00 | 13,900,082.00 | 0.17 |
| 928668CF7 | Volkswagen Group Of America Finance Llc | VW | 5.3 | 03/22/2027 | 14,260,000.00 | 14,437,471.00 | 0.17 |
| 023551AJ3 | HESS Corp | HES | 7.3 | 08/15/2031 | 12,250,000.00 | 14,130,137.00 | 0.17 |
| 036752AL7 | Elevance Health Inc | ELV | 2.88 | 09/15/2029 | 15,390,000.00 | 14,580,801.00 | 0.17 |
| 04941TBG4 | Atlas Senior Loan Fund Vii Ltd | ATCLO | 5.56 | 11/27/2031 | 14,461,909.00 | 14,475,907.00 | 0.17 |
| 15189XBD9 | Centerpoint Energy Houston Electric Llc | CNP | 5.2 | 10/01/2028 | 13,640,000.00 | 14,081,881.00 | 0.17 |
| 07274NAL7 | Bayer Us Finance Ii Llc | BAYNGR | 4.38 | 12/15/2028 | 14,481,000.00 | 14,435,463.00 | 0.17 |
| 403949AT7 | HF Sinclair Corp | DINO | 5.5 | 09/01/2032 | 14,650,000.00 | 14,699,941.00 | 0.17 |
| 337738BD9 | Fiserv Inc | FI | 5.45 | 03/02/2028 | 13,929,000.00 | 14,321,902.00 | 0.17 |
| 17289RAA4 | Citadel Securities Global Holdings Llc | CITSEC | 5.5 | 06/18/2030 | 14,005,000.00 | 14,318,698.00 | 0.17 |
| 25160PAQ0 | Deutsche Bank Ag/new York Ny | DB | 5.37 | 01/10/2029 | 14,010,000.00 | 14,318,276.00 | 0.17 |
| 30212PBK0 | Expedia Group Inc | EXPE | 4.63 | 08/01/2027 | 14,500,000.00 | 14,589,248.00 | 0.17 |
| 29273VAN0 | Energy Transfer Lp | ET | 6.5 | 11/15/2173 | 13,826,000.00 | 13,892,116.00 | 0.17 |
| 26884TAV4 | ERAC Usa Finance Llc | ENTERP | 4.6 | 05/01/2028 | 13,378,000.00 | 13,554,522.00 | 0.16 |
| 29250NCB9 | Enbridge Inc | ENBCN | 5.3 | 04/05/2029 | 12,800,000.00 | 13,250,909.00 | 0.16 |
| 29273VAM2 | Energy Transfer Lp | ET | 7.13 | 05/15/2174 | 12,892,000.00 | 13,222,034.00 | 0.16 |
| 20030NED9 | Comcast Corp | CMCSA | 4.55 | 01/15/2029 | 12,875,000.00 | 13,059,611.00 | 0.16 |
| 37045XFD3 | General Motors Financial Co Inc | GM | 4.34 | 01/07/2030 | 13,500,000.00 | 13,362,176.00 | 0.16 |
| 05329WAS1 | Autonation Inc | AN | 2.4 | 08/01/2031 | 15,000,000.00 | 13,064,405.00 | 0.16 |
| 91282CDW8 | United States Treasury Note/bond | T | 1.75 | 01/31/2029 | 13,945,000.00 | 13,120,283.00 | 0.16 |
| 756109CA0 | Realty Income Corp | O | 2.1 | 03/15/2028 | 14,165,000.00 | 13,505,989.00 | 0.16 |
| 62854AAN4 | UTAH Acquisition Sub Inc | VTRS | 3.95 | 06/15/2026 | 13,226,000.00 | 13,144,035.00 | 0.16 |
| 61690U8A1 | Morgan Stanley Bank Na | MS | 4.95 | 01/14/2028 | 13,180,000.00 | 13,298,872.00 | 0.16 |
| 55336VBR0 | MPLX Lp | MPLX | 1.75 | 03/01/2026 | 13,761,000.00 | 13,574,132.00 | 0.16 |
| 53567YAA7 | Lineage Op Lp | LINE | 5.25 | 07/15/2030 | 13,005,000.00 | 13,116,132.00 | 0.16 |
| 52532XAF2 | Leidos Inc | LDOS | 4.38 | 05/15/2030 | 12,590,000.00 | 12,524,824.00 | 0.15 |
| 53359KAC5 | Lincoln Financial Global Funding | LNC | 4.63 | 08/18/2030 | 12,630,000.00 | 12,712,100.00 | 0.15 |
| 46590XAN6 | JBS Usa Holding Lux Sarl/ Jbs Usa Food C | JBSSBZ | 3.0 | 02/02/2029 | 13,100,000.00 | 12,511,351.00 | 0.15 |
| 67080PAC0 | Nyack Park Clo Ltd | NYKPK | 5.71 | 10/20/2034 | 12,500,000.00 | 12,520,620.00 | 0.15 |
| 81211KAZ3 | Sealed Air Corp | SEE | 1.57 | 10/15/2026 | 12,875,000.00 | 12,439,283.00 | 0.15 |
| 90932LAG2 | United Airlines Inc | UAL | 4.38 | 04/15/2026 | 12,515,000.00 | 12,476,508.00 | 0.15 |
| 87264ADS1 | T-mobile Usa Inc | TMUS | 5.13 | 05/15/2032 | 12,000,000.00 | 12,288,408.00 | 0.15 |
| 91324PFA5 | Unitedhealth Group Inc | UNH | 4.9 | 04/15/2031 | 12,650,000.00 | 12,944,126.00 | 0.15 |
| 04316JAK5 | Arthur J Gallagher & Co | AJG | 4.6 | 12/15/2027 | 12,600,000.00 | 12,716,541.00 | 0.15 |
| 08576PAH4 | Berry Global Inc | BERY | 1.57 | 01/15/2026 | 12,488,000.00 | 12,339,404.00 | 0.15 |
| 11135FBX8 | Broadcom Inc | AVGO | 5.05 | 07/12/2029 | 12,360,000.00 | 12,706,549.00 | 0.15 |
| 12560EAL0 | CIFC Funding 2020-iii Ltd | CIFC | 5.72 | 10/20/2034 | 12,500,000.00 | 12,523,013.00 | 0.15 |
| 361841AH2 | GLP Capital Lp / Glp Financing Ii Inc | GLPI | 5.38 | 04/15/2026 | 12,355,000.00 | 12,392,782.00 | 0.15 |
| 345397B51 | FORD Motor Credit Co Llc | F | 2.9 | 02/16/2028 | 13,000,000.00 | 12,323,286.00 | 0.15 |
| 349553AM9 | Fortis Inc/canada | FTSCN | 3.06 | 10/04/2026 | 13,000,000.00 | 12,803,625.00 | 0.15 |
| 404119BX6 | HCA Inc | HCA | 4.13 | 06/15/2029 | 12,645,000.00 | 12,522,970.00 | 0.15 |
| 45262BAF0 | Imperial Brands Finance Plc | IMBLN | 6.13 | 07/27/2027 | 12,610,000.00 | 13,023,924.00 | 0.15 |
| 42218SAK4 | Health Care Service Corp A Mutual Legal | HCSERV | 5.2 | 06/15/2029 | 12,087,000.00 | 12,439,671.00 | 0.15 |
| 25156PBB8 | Deutsche Telekom International Finance B | DT | 4.38 | 06/21/2028 | 12,355,000.00 | 12,413,618.00 | 0.15 |
| 24906PAB5 | Dentsply Sirona Inc | XRAY | 8.38 | 09/12/2055 | 12,425,000.00 | 12,654,154.00 | 0.15 |
| 17291CBQ7 | Citigroup Commercial Mortgage Trust 2016 | CGCMT | 2.58 | 08/10/2049 | 12,366,505.00 | 12,196,904.00 | 0.15 |
| 30037FAA8 | Evergy Missouri West Inc | EVRG | 5.15 | 12/15/2027 | 12,220,000.00 | 12,439,986.00 | 0.15 |
| 314890AC8 | Ferguson Finance Plc | FERGLN | 4.25 | 04/20/2027 | 12,105,000.00 | 12,055,220.00 | 0.14 |
| 263534CS6 | EIDP Inc | CTVA | 5.13 | 05/15/2032 | 11,085,000.00 | 11,387,488.00 | 0.14 |
| 350930AG8 | Foundry Jv Holdco Llc | FABSJV | 5.9 | 01/25/2033 | 11,505,000.00 | 12,061,780.00 | 0.14 |
| 337738BP2 | Fiserv Inc | FI | 4.55 | 02/15/2031 | 11,720,000.00 | 11,716,062.00 | 0.14 |
| 38141GC36 | Goldman Sachs Group Inc/the | GS | 5.21 | 01/28/2031 | 11,715,000.00 | 12,066,580.00 | 0.14 |
| 161175BU7 | Charter Communications Operating Llc / C | CHTR | 2.8 | 04/01/2031 | 12,921,000.00 | 11,630,305.00 | 0.14 |
| 09659W3A0 | BNP Paribas Sa | BNP | 5.79 | 01/13/2033 | 11,555,000.00 | 12,041,495.00 | 0.14 |
| 871607AA5 | Synopsys Inc | SNPS | 4.55 | 04/01/2027 | 11,510,000.00 | 11,575,661.00 | 0.14 |
| 74340XCG4 | Prologis Lp | PLD | 4.88 | 06/15/2028 | 11,690,000.00 | 11,957,662.00 | 0.14 |
| 842400HU0 | Southern California Edison Co | EIX | 5.3 | 03/01/2028 | 11,535,000.00 | 11,786,780.00 | 0.14 |
| 85205TAG5 | Spirit Aerosystems Inc | SPR | 3.85 | 06/15/2026 | 12,300,000.00 | 12,177,878.00 | 0.14 |
| 694308JW8 | Pacific Gas And Electric Co | PCG | 3.0 | 06/15/2028 | 12,000,000.00 | 11,555,648.00 | 0.14 |
| 718172DH9 | Philip Morris International Inc | PM | 5.13 | 02/13/2031 | 11,550,000.00 | 11,923,939.00 | 0.14 |
| 718547AH5 | Phillips 66 Co | PSX | 3.75 | 03/01/2028 | 12,095,000.00 | 11,995,970.00 | 0.14 |
| 48128BAD3 | Jpmorgan Chase & Co | JPM | 7.14 | 05/01/2170 | 11,600,000.00 | 11,707,355.00 | 0.14 |
| 958667AF4 | Western Midstream Operating Lp | WES | 6.35 | 01/15/2029 | 11,540,000.00 | 12,137,465.00 | 0.14 |
| SWB8ACMDEY | SWP: Ois Sofr 4.497000 13-may-2027 | — | — | 05/13/2027 | 707,950,000.00 | 11,760,584.00 | 0.14 |
| 98388MAB3 | XCEL Energy Inc | XEL | 1.75 | 03/15/2027 | 11,540,000.00 | 11,125,127.00 | 0.13 |
| 958254AH7 | Western Midstream Operating Lp | WES | 4.5 | 03/01/2028 | 11,230,000.00 | 11,216,811.00 | 0.13 |
| 60687YDL0 | Mizuho Financial Group Inc | MIZUHO | 4.71 | 07/08/2031 | 10,815,000.00 | 10,921,784.00 | 0.13 |
| 718547AT9 | Phillips 66 Co | PSX | 4.95 | 12/01/2027 | 10,835,000.00 | 11,005,233.00 | 0.13 |
| 718172CZ0 | Philip Morris International Inc | PM | 4.88 | 02/15/2028 | 11,054,000.00 | 11,252,527.00 | 0.13 |
| 695114DB1 | Pacificorp | BRKHEC | 5.1 | 02/15/2029 | 11,065,000.00 | 11,335,510.00 | 0.13 |
| 67077MBF4 | Nutrien Ltd | NTRCN | 5.25 | 03/12/2032 | 10,645,000.00 | 10,944,052.00 | 0.13 |
| 68327LAD8 | Ontario Teachers' Cadillac Fairview Prop | CFPTCN | 2.5 | 10/15/2031 | 11,996,000.00 | 10,646,931.00 | 0.13 |
| 682680BH5 | Oneok Inc | OKE | 5.55 | 11/01/2026 | 11,145,000.00 | 11,278,874.00 | 0.13 |
| 68235PAN8 | ONE Gas Inc | OGS | 5.1 | 04/01/2029 | 10,960,000.00 | 11,312,202.00 | 0.13 |
| 832248BB3 | Smithfield Foods Inc | SFD | 5.2 | 04/01/2029 | 10,680,000.00 | 10,837,252.00 | 0.13 |
| 744573BA3 | Public Service Enterprise Group Inc | PEG | 4.9 | 03/15/2030 | 10,700,000.00 | 10,933,701.00 | 0.13 |
| 74762EAN2 | Quanta Services Inc | PWR | 4.5 | 01/15/2031 | 10,780,000.00 | 10,761,840.00 | 0.13 |
| 756109BJ2 | Realty Income Corp | O | 2.2 | 06/15/2028 | 11,225,000.00 | 10,689,980.00 | 0.13 |
| 827048AX7 | Silgan Holdings Inc | SLGN | 1.4 | 04/01/2026 | 11,575,000.00 | 11,343,447.00 | 0.13 |
| 771196CG5 | Roche Holdings Inc | ROSW | 5.49 | 11/13/2030 | 10,000,000.00 | 10,614,585.00 | 0.13 |
| 89788MAR3 | Truist Financial Corp | TFC | 5.44 | 01/24/2030 | 10,955,000.00 | 11,346,563.00 | 0.13 |
| 120568BC3 | Bunge Ltd Finance Corp | BG | 2.75 | 05/14/2031 | 11,705,000.00 | 10,696,227.00 | 0.13 |
| 14041TAA6 | Capital Power Us Holdings Inc | CPXCN | 5.26 | 06/01/2028 | 10,685,000.00 | 10,867,514.00 | 0.13 |
| 12592BAS3 | CNH Industrial Capital Llc | CNHI | 5.1 | 04/20/2029 | 10,500,000.00 | 10,767,262.00 | 0.13 |
| 126650DN7 | CVS Health Corp | CVS | 1.75 | 08/21/2030 | 12,185,000.00 | 10,646,290.00 | 0.13 |
| 00138CBB3 | Corebridge Global Funding | CRBG | 4.65 | 08/20/2027 | 10,785,000.00 | 10,889,885.00 | 0.13 |
| 025816DY2 | American Express Co | AXP | 5.09 | 01/30/2031 | 10,835,000.00 | 11,159,943.00 | 0.13 |
| 37045XDH6 | General Motors Financial Co Inc | GM | 2.4 | 04/10/2028 | 11,815,000.00 | 11,252,940.00 | 0.13 |
| 294429AR6 | Equifax Inc | EFX | 2.6 | 12/15/2025 | 10,900,000.00 | 10,834,545.00 | 0.13 |
| 225401AC2 | UBS Group Ag | UBS | 4.28 | 01/09/2028 | 10,715,000.00 | 10,701,391.00 | 0.13 |
| 22535WAR8 | Credit Agricole Sa | ACAFP | 5.22 | 05/27/2031 | 10,150,000.00 | 10,369,922.00 | 0.12 |
| 22822VBD2 | Crown Castle Inc | CCI | 5.6 | 06/01/2029 | 9,400,000.00 | 9,766,248.00 | 0.12 |
| 29278NAF0 | Energy Transfer Lp | ET | 4.95 | 06/15/2028 | 10,179,000.00 | 10,350,722.00 | 0.12 |
| 26867LAN0 | EMD Finance Llc | MRKGR | 4.13 | 08/15/2028 | 9,850,000.00 | 9,848,424.00 | 0.12 |
| 44891ACN5 | Hyundai Capital America | HYNMTR | 6.1 | 09/21/2028 | 10,000,000.00 | 10,457,783.00 | 0.12 |
| 38151LAG5 | Goldman Sachs Bank Usa/new York Ny | GS | 5.41 | 05/21/2027 | 9,650,000.00 | 9,720,368.00 | 0.12 |
| 015857AF2 | Algonquin Power & Utilities Corp | AQNCN | 5.37 | 06/15/2026 | 10,345,000.00 | 10,409,656.00 | 0.12 |
| 02005NBZ2 | ALLY Financial Inc | ALLY | 5.74 | 05/15/2029 | 9,556,000.00 | 9,803,890.00 | 0.12 |
| 01882YAF3 | Alliant Energy Finance Llc | LNT | 5.4 | 06/06/2027 | 9,595,000.00 | 9,707,635.00 | 0.12 |
| 00138CAX6 | Corebridge Global Funding | CRBG | 5.2 | 01/12/2029 | 9,510,000.00 | 9,775,344.00 | 0.12 |
| 09659W3D4 | BNP Paribas Sa | BNP | 5.09 | 05/09/2031 | 10,000,000.00 | 10,149,438.00 | 0.12 |
| 06738ECU7 | Barclays Plc | BACR | 4.94 | 09/10/2030 | 9,620,000.00 | 9,760,251.00 | 0.12 |
| 067316AD1 | Bacardi Ltd | BACARD | 2.75 | 07/15/2026 | 10,340,000.00 | 10,178,382.00 | 0.12 |
| 857477CS0 | State Street Corp | STT | 6.45 | 06/15/2174 | 10,000,000.00 | 10,183,952.00 | 0.12 |
| 88947EAT7 | TOLL Brothers Finance Corp | TOL | 4.35 | 02/15/2028 | 10,000,000.00 | 10,025,231.00 | 0.12 |
| 91282CLY5 | United States Treasury Note/bond | T | 4.25 | 11/30/2026 | 10,260,000.00 | 10,314,907.00 | 0.12 |
| 95000GAX2 | Wells Fargo Commercial Mortgage Trust 20 | WFCM | 2.4 | 08/15/2049 | 10,000,125.00 | 9,843,111.00 | 0.12 |
| 756109BS2 | Realty Income Corp | O | 4.7 | 12/15/2028 | 9,985,000.00 | 10,154,892.00 | 0.12 |
| 74949LAF9 | RELX Capital Inc | RELLN | 4.75 | 03/27/2030 | 10,230,000.00 | 10,432,314.00 | 0.12 |
| 83368RBV3 | Societe Generale Sa | SOCGEN | 5.52 | 01/19/2028 | 10,000,000.00 | 10,121,134.00 | 0.12 |
| 674599DN2 | Occidental Petroleum Corp | OXY | 7.5 | 10/15/2026 | 9,578,000.00 | 9,860,375.00 | 0.12 |
| 682680DB6 | Oneok Inc | OKE | 4.95 | 10/15/2032 | 10,000,000.00 | 9,939,071.00 | 0.12 |
| 709599BM5 | Penske Truck Leasing Co Lp / Ptl Finance | PENSKE | 1.7 | 06/15/2026 | 10,675,000.00 | 10,444,717.00 | 0.12 |
| 59001ABA9 | Meritage Homes Corp | MTH | 5.13 | 06/06/2027 | 9,987,000.00 | 10,053,073.00 | 0.12 |
| 49337WAC4 | National Grid Usa | NGGLN | 8.0 | 11/15/2030 | 9,000,000.00 | 10,307,539.00 | 0.12 |
| 959802AZ2 | Western Union Co/the | WU | 1.35 | 03/15/2026 | 10,595,000.00 | 10,410,043.00 | 0.12 |
| 960386AL4 | Westinghouse Air Brake Technologies Corp | WAB | 3.45 | 11/15/2026 | 10,396,000.00 | 10,295,854.00 | 0.12 |
| 984851AG0 | YARA International Asa | YARNO | 3.15 | 06/04/2030 | 11,000,000.00 | 10,284,340.00 | 0.12 |
| BFM0YB1 | Toyota Motor Credit Corp | TOYOTA | 4.05 | 10/24/2025 | 10,000,000.00 | 9,983,689.00 | 0.12 |
| 49306CAB7 | Keybank Na/cleveland Oh | KEY | 6.95 | 02/01/2028 | 8,600,000.00 | 9,079,260.00 | 0.11 |
| 49326EEG4 | Keycorp | KEY | 4.1 | 04/30/2028 | 9,513,000.00 | 9,490,532.00 | 0.11 |
| 539439AY5 | Lloyds Banking Group Plc | LLOYDS | 5.99 | 08/07/2027 | 9,050,000.00 | 9,177,152.00 | 0.11 |
| 68389XCH6 | Oracle Corp | ORCL | 6.15 | 11/09/2029 | 9,000,000.00 | 9,617,596.00 | 0.11 |
| 682680BJ1 | Oneok Inc | OKE | 5.65 | 11/01/2028 | 9,015,000.00 | 9,364,569.00 | 0.11 |
| 65473PAS4 | Nisource Inc | NI | 5.2 | 07/01/2029 | 8,940,000.00 | 9,222,695.00 | 0.11 |
| 636180BT7 | National Fuel Gas Co | NFG | 5.5 | 03/15/2030 | 8,630,000.00 | 8,917,996.00 | 0.11 |
| 83609YAC0 | Sounds Point Clo Iv-r Ltd | SNDPT | 5.74 | 04/18/2031 | 9,285,118.00 | 9,294,407.00 | 0.11 |
| 759509AG7 | Reliance Inc | RS | 2.15 | 08/15/2030 | 10,635,000.00 | 9,536,292.00 | 0.11 |
| 902494BK8 | Tyson Foods Inc | TSN | 4.35 | 03/01/2029 | 9,450,000.00 | 9,457,724.00 | 0.11 |
| 12513GBH1 | CDW Llc / Cdw Finance Corp | CDW | 3.28 | 12/01/2028 | 9,800,000.00 | 9,444,370.00 | 0.11 |
| 15135BAY7 | Centene Corp | CNC | 2.45 | 07/15/2028 | 10,000,000.00 | 9,245,025.00 | 0.11 |
| 02209SBU6 | Altria Group Inc | MO | 4.5 | 08/06/2030 | 9,366,000.00 | 9,362,509.00 | 0.11 |
| 05565QDU9 | BP Capital Markets Plc | BPLN | 4.38 | 09/22/2173 | 9,094,000.00 | 9,094,000.00 | 0.11 |
| 05526DBY0 | BAT Capital Corp | BATSLN | 5.83 | 02/20/2031 | 8,995,000.00 | 9,503,085.00 | 0.11 |
| 448579AQ5 | Hyatt Hotels Corp | H | 5.75 | 01/30/2027 | 9,180,000.00 | 9,346,063.00 | 0.11 |
| 37045XDK9 | General Motors Financial Co Inc | GM | 1.5 | 06/10/2026 | 9,390,000.00 | 9,172,992.00 | 0.11 |
| 37045XEZ5 | General Motors Financial Co Inc | GM | 4.9 | 10/06/2029 | 9,220,000.00 | 9,292,708.00 | 0.11 |
| 345397A45 | FORD Motor Credit Co Llc | F | 4.27 | 01/09/2027 | 9,430,000.00 | 9,339,865.00 | 0.11 |
| 281020AY3 | Edison International | EIX | 5.25 | 11/15/2028 | 9,355,000.00 | 9,450,933.00 | 0.11 |
| 26884TAR3 | ERAC Usa Finance Llc | ENTERP | 3.3 | 12/01/2026 | 9,230,000.00 | 9,132,198.00 | 0.11 |
| 29273VAZ3 | Energy Transfer Lp | ET | 5.25 | 07/01/2029 | 8,800,000.00 | 9,068,269.00 | 0.11 |
| 21871XAD1 | Corebridge Financial Inc | CRBG | 3.65 | 04/05/2027 | 9,435,000.00 | 9,349,796.00 | 0.11 |
| 19828TAA4 | Columbia Pipelines Operating Co Llc | CPGX | 5.93 | 08/15/2030 | 8,971,000.00 | 9,540,077.00 | 0.11 |
| 172967KA8 | Citigroup Inc | C | 4.45 | 09/29/2027 | 8,160,000.00 | 8,182,420.00 | 0.10 |
| 22535WAL1 | Credit Agricole Sa | ACAFP | 4.63 | 09/11/2028 | 8,535,000.00 | 8,564,663.00 | 0.10 |
| 225401AP3 | UBS Group Ag | UBS | 4.19 | 04/01/2031 | 8,607,000.00 | 8,499,842.00 | 0.10 |
| 345397E58 | FORD Motor Credit Co Llc | F | 5.8 | 03/08/2029 | 8,000,000.00 | 8,089,483.00 | 0.10 |
| 45262BAG8 | Imperial Brands Finance Plc | IMBLN | 5.5 | 02/01/2030 | 8,250,000.00 | 8,544,705.00 | 0.10 |
| 05523RAJ6 | BAE Systems Plc | BALN | 5.13 | 03/26/2029 | 7,755,000.00 | 8,000,187.00 | 0.10 |
| 05526DBP9 | BAT Capital Corp | BATSLN | 4.7 | 04/02/2027 | 8,054,000.00 | 8,095,652.00 | 0.10 |
| 05329WAQ5 | Autonation Inc | AN | 4.75 | 06/01/2030 | 8,060,000.00 | 8,090,243.00 | 0.10 |
| 05329WAR3 | Autonation Inc | AN | 1.95 | 08/01/2028 | 9,000,000.00 | 8,419,783.00 | 0.10 |
| 03027XCE8 | American Tower Corp | AMT | 5.8 | 11/15/2028 | 8,025,000.00 | 8,390,734.00 | 0.10 |
| 02344AAF5 | Amcor Flexibles North America Inc | AMCR | 4.8 | 03/17/2028 | 8,575,000.00 | 8,668,162.00 | 0.10 |
| 01626PAM8 | Alimentation Couche-tard Inc | ATDBCN | 2.95 | 01/25/2030 | 9,075,000.00 | 8,556,972.00 | 0.10 |
| 00206RKG6 | AT&T Inc | T | 1.65 | 02/01/2028 | 9,350,000.00 | 8,821,892.00 | 0.10 |
| 14040HDC6 | Capital One Financial Corp | COF | 7.62 | 10/30/2031 | 7,105,000.00 | 8,058,878.00 | 0.10 |
| 136385BB6 | Canadian Natural Resources Ltd | CNQCN | 5.0 | 12/15/2029 | 8,125,000.00 | 8,293,566.00 | 0.10 |
| 126650DQ0 | CVS Health Corp | CVS | 1.88 | 02/28/2031 | 9,887,000.00 | 8,560,109.00 | 0.10 |
| 131347CN4 | Calpine Corp | CPN | 5.13 | 03/15/2028 | 8,000,000.00 | 7,991,439.00 | 0.10 |
| 842587DH7 | Southern Co/the | SO | 1.75 | 03/15/2028 | 8,625,000.00 | 8,135,109.00 | 0.10 |
| 718172DC0 | Philip Morris International Inc | PM | 5.25 | 09/07/2028 | 8,521,000.00 | 8,799,995.00 | 0.10 |
| 723787AR8 | Pioneer Natural Resources Co | PXD | 2.15 | 01/15/2031 | 9,072,000.00 | 8,139,839.00 | 0.10 |
| 55336VCB4 | MPLX Lp | MPLX | 5.0 | 01/15/2033 | 8,800,000.00 | 8,724,226.00 | 0.10 |
| 573874AP9 | Marvell Technology Inc | MRVL | 5.75 | 02/15/2029 | 8,385,000.00 | 8,752,222.00 | 0.10 |
| 571903BF9 | Marriott International Inc/md | MAR | 3.5 | 10/15/2032 | 9,500,000.00 | 8,711,612.00 | 0.10 |
| 61766EBD6 | Morgan Stanley Bank Of America Merrill L | MSBAM | 3.06 | 05/01/2049 | 8,718,570.00 | 8,670,824.00 | 0.10 |
| 456837BQ5 | ING Groep Nv | INTNED | 4.86 | 03/25/2029 | 8,210,000.00 | 8,316,481.00 | 0.10 |
| 45115AAB0 | ICON Investments Six Dac | ICLR | 5.85 | 05/08/2029 | 8,025,000.00 | 8,380,549.00 | 0.10 |
| 45115AAA2 | ICON Investments Six Dac | ICLR | 5.81 | 05/08/2027 | 7,735,000.00 | 7,890,456.00 | 0.09 |
| 576323AT6 | Mastec Inc | MTZ | 5.9 | 06/15/2029 | 7,625,000.00 | 7,978,471.00 | 0.09 |
| 56585ABD3 | Marathon Petroleum Corp | MPC | 3.8 | 04/01/2028 | 7,265,000.00 | 7,191,638.00 | 0.09 |
| 718172CV9 | Philip Morris International Inc | PM | 5.13 | 11/17/2027 | 7,685,000.00 | 7,845,887.00 | 0.09 |
| 71424VAB6 | Permian Resources Operating Llc | PR | 6.25 | 02/01/2033 | 7,810,000.00 | 7,974,887.00 | 0.09 |
| 69331CAM0 | PG&E Corp | PCG | 7.38 | 03/15/2055 | 7,420,000.00 | 7,360,940.00 | 0.09 |
| 65339KCL2 | Nextera Energy Capital Holdings Inc | NEE | 4.69 | 09/01/2027 | 7,700,000.00 | 7,772,698.00 | 0.09 |
| 682680BD4 | Oneok Inc | OKE | 5.85 | 01/15/2026 | 7,610,000.00 | 7,634,913.00 | 0.09 |
| 844741BK3 | Southwest Airlines Co | LUV | 5.13 | 06/15/2027 | 7,215,000.00 | 7,297,440.00 | 0.09 |
| 85855CAM2 | Stellantis Finance Us Inc | STLA | 5.35 | 03/17/2028 | 7,435,000.00 | 7,515,119.00 | 0.09 |
| 86944BAP8 | Sutter Health | SUTHEA | 5.21 | 08/15/2032 | 7,425,000.00 | 7,682,416.00 | 0.09 |
| 83368RCH3 | Societe Generale Sa | SOCGEN | 5.25 | 05/22/2029 | 7,100,000.00 | 7,204,955.00 | 0.09 |
| 832248AZ1 | Smithfield Foods Inc | SFD | 4.25 | 02/01/2027 | 7,750,000.00 | 7,698,471.00 | 0.09 |
| 832248BD9 | Smithfield Foods Inc | SFD | 2.63 | 09/13/2031 | 8,590,000.00 | 7,520,450.00 | 0.09 |
| 92936UAN9 | WP Carey Inc | WPC | 4.65 | 07/15/2030 | 7,140,000.00 | 7,180,117.00 | 0.09 |
| 12592BAQ7 | CNH Industrial Capital Llc | CNHI | 4.55 | 04/10/2028 | 7,870,000.00 | 7,935,959.00 | 0.09 |
| 11135FBY6 | Broadcom Inc | AVGO | 5.15 | 11/15/2031 | 7,005,000.00 | 7,240,944.00 | 0.09 |
| 12201PAB2 | Burlington Resources Llc | COP | 7.2 | 08/15/2031 | 6,900,000.00 | 7,874,477.00 | 0.09 |
| 105340AQ6 | Brandywine Operating Partnership Lp | BDN | 3.95 | 11/15/2027 | 7,738,000.00 | 7,542,147.00 | 0.09 |
| 00108WAS9 | AEP Texas Inc | AEP | 5.45 | 05/15/2029 | 7,355,000.00 | 7,635,695.00 | 0.09 |
| 00138CBD9 | Corebridge Global Funding | CRBG | 4.9 | 01/07/2028 | 7,160,000.00 | 7,283,705.00 | 0.09 |
| 00138CBG2 | Corebridge Global Funding | CRBG | 4.25 | 08/21/2028 | 7,910,000.00 | 7,932,370.00 | 0.09 |
| 015271AU3 | Alexandria Real Estate Equities Inc | ARE | 4.9 | 12/15/2030 | 7,101,000.00 | 7,210,283.00 | 0.09 |
| 02666TAK3 | American Homes 4 Rent Lp | AMH | 4.95 | 06/15/2030 | 7,765,000.00 | 7,905,138.00 | 0.09 |
| 05964HBB0 | Banco Santander Sa | SANTAN | 5.54 | 03/14/2030 | 7,200,000.00 | 7,460,294.00 | 0.09 |
| 23636ABJ9 | Danske Bank A/s | DANBNK | 4.61 | 10/02/2030 | 7,280,000.00 | 7,317,937.00 | 0.09 |
| 15135BAV3 | Centene Corp | CNC | 3.38 | 02/15/2030 | 8,488,000.00 | 7,745,915.00 | 0.09 |
| 22003BAL0 | COPT Defense Properties Lp | CDP | 2.25 | 03/15/2026 | 6,860,000.00 | 6,763,517.00 | 0.08 |
| 25245BAC1 | Diageo Investment Corp | DGELN | 5.13 | 08/15/2030 | 6,090,000.00 | 6,306,423.00 | 0.08 |
| 25278XAM1 | Diamondback Energy Inc | FANG | 3.25 | 12/01/2026 | 7,050,000.00 | 6,967,319.00 | 0.08 |
| 38141GZR8 | Goldman Sachs Group Inc/the | GS | 3.62 | 03/15/2028 | 6,630,000.00 | 6,559,804.00 | 0.08 |
| 33767BAD1 | Firstenergy Transmission Llc | FE | 2.87 | 09/15/2028 | 7,375,000.00 | 7,085,694.00 | 0.08 |
| 031162DP2 | Amgen Inc | AMGN | 5.15 | 03/02/2028 | 6,515,000.00 | 6,664,926.00 | 0.08 |
| 02005NBW9 | ALLY Financial Inc | ALLY | 5.54 | 01/17/2031 | 6,685,000.00 | 6,839,147.00 | 0.08 |
| 00973RAL7 | AKER Bp Asa | AKERBP | 5.6 | 06/13/2028 | 6,735,000.00 | 6,950,823.00 | 0.08 |
| 0641598X7 | BANK Of Nova Scotia/the | BNS | 7.35 | 04/27/2085 | 6,790,000.00 | 6,967,472.00 | 0.08 |
| 12704PAB4 | CRH Smw Finance Dac | CRHID | 5.13 | 01/09/2030 | 6,590,000.00 | 6,770,064.00 | 0.08 |
| 928668CM2 | Volkswagen Group Of America Finance Llc | VW | 4.95 | 08/15/2029 | 6,790,000.00 | 6,861,203.00 | 0.08 |
| 842400JJ3 | Southern California Edison Co | EIX | 5.25 | 03/15/2030 | 6,740,000.00 | 6,900,618.00 | 0.08 |
| 76720AAS5 | RIO Tinto Finance Usa Plc | RIOLN | 4.88 | 03/14/2030 | 6,755,000.00 | 6,918,862.00 | 0.08 |
| 674599CR4 | Occidental Petroleum Corp | OXY | 3.2 | 08/15/2026 | 6,726,000.00 | 6,643,401.00 | 0.08 |
| 62954WAS4 | NTT Finance Corp | NTT | 4.88 | 07/16/2030 | 6,590,000.00 | 6,689,752.00 | 0.08 |
| 670837AD5 | OGE Energy Corp | OGE | 5.45 | 05/15/2029 | 6,570,000.00 | 6,824,924.00 | 0.08 |
| 65480CAG0 | Nissan Motor Acceptance Co Llc | NSANY | 5.3 | 09/13/2027 | 6,590,000.00 | 6,552,527.00 | 0.08 |
| 693475BJ3 | PNC Financial Services Group Inc/the | PNC | 6.04 | 10/28/2033 | 6,500,000.00 | 6,965,705.00 | 0.08 |
| 723787AB3 | Pioneer Natural Resources Co | PXD | 7.2 | 01/15/2028 | 6,176,000.00 | 6,592,871.00 | 0.08 |
| 55336VAK6 | MPLX Lp | MPLX | 4.13 | 03/01/2027 | 6,570,000.00 | 6,553,590.00 | 0.08 |
| 47233WBM0 | Jefferies Financial Group Inc | JEF | 5.88 | 07/21/2028 | 6,370,000.00 | 6,640,887.00 | 0.08 |
| 476556DD4 | Jersey Central Power & Light Co | FE | 2.75 | 03/01/2032 | 6,506,000.00 | 5,772,467.00 | 0.07 |
| 49326EEQ2 | Keycorp | KEY | 5.12 | 04/04/2031 | 5,766,000.00 | 5,896,990.00 | 0.07 |
| 53359KAA9 | Lincoln Financial Global Funding | LNC | 5.3 | 01/13/2030 | 5,505,000.00 | 5,708,868.00 | 0.07 |
| 61747YFH3 | Morgan Stanley | MS | 6.41 | 11/01/2029 | 5,240,000.00 | 5,567,428.00 | 0.07 |
| 74256LAU3 | Principal Life Global Funding Ii | PFG | 3.0 | 04/18/2026 | 6,001,000.00 | 5,947,719.00 | 0.07 |
| 743263AG0 | Progress Energy Inc | DUK | 7.0 | 10/30/2031 | 5,158,000.00 | 5,821,735.00 | 0.07 |
| 693656AE0 | PVH Corp | PVH | 5.5 | 06/13/2030 | 6,000,000.00 | 6,116,906.00 | 0.07 |
| 717265AL6 | Freeport Minerals Corp | FCX | 9.5 | 06/01/2031 | 5,000,000.00 | 6,102,902.00 | 0.07 |
| 65535HAY5 | Nomura Holdings Inc | NOMURA | 2.17 | 07/14/2028 | 6,100,000.00 | 5,751,513.00 | 0.07 |
| 65163LAB5 | Newmont Corp / Newcrest Finance Pty Ltd | NEM | 3.25 | 05/13/2030 | 6,379,000.00 | 6,108,370.00 | 0.07 |
| 682680AU7 | Oneok Inc | OKE | 4.55 | 07/15/2028 | 6,000,000.00 | 6,045,975.00 | 0.07 |
| 682680CQ4 | Oneok Inc | OKE | 5.38 | 06/01/2029 | 6,085,000.00 | 6,262,924.00 | 0.07 |
| 81883AAS8 | Shackleton 2015-vii-r Clo Ltd | SHACK | 5.42 | 07/15/2031 | 5,750,516.00 | 5,754,714.00 | 0.07 |
| 74368CBV5 | Protective Life Global Funding | PL | 5.47 | 12/08/2028 | 6,005,000.00 | 6,231,851.00 | 0.07 |
| 842400JE4 | Southern California Edison Co | EIX | 5.45 | 06/01/2031 | 5,635,000.00 | 5,829,382.00 | 0.07 |
| 126650CX6 | CVS Health Corp | CVS | 4.3 | 03/25/2028 | 5,595,000.00 | 5,592,267.00 | 0.07 |
| 138616AM9 | Cantor Fitzgerald Lp | CANTOR | 7.2 | 12/12/2028 | 5,415,000.00 | 5,798,088.00 | 0.07 |
| 141784AM0 | Cargill Inc | CARGIL | 7.41 | 06/18/2027 | 5,697,000.00 | 5,962,411.00 | 0.07 |
| 15189TAX5 | Centerpoint Energy Inc | CNP | 2.95 | 03/01/2030 | 6,519,000.00 | 6,124,133.00 | 0.07 |
| 15135BAR2 | Centene Corp | CNC | 4.25 | 12/15/2027 | 6,000,000.00 | 5,862,603.00 | 0.07 |
| 09659W2R4 | BNP Paribas Sa | BNP | 2.16 | 09/15/2029 | 6,595,000.00 | 6,170,787.00 | 0.07 |
| 11041RAL2 | BAE Systems Finance Inc | BALN | 7.5 | 07/01/2027 | 5,463,000.00 | 5,792,766.00 | 0.07 |
| 097023DQ5 | Boeing Co/the | BA | 6.3 | 05/01/2029 | 5,210,000.00 | 5,530,179.00 | 0.07 |
| 055451BJ6 | BHP Billiton Finance Usa Ltd | BHP | 5.0 | 02/21/2030 | 5,685,000.00 | 5,869,819.00 | 0.07 |
| 337738BG2 | Fiserv Inc | FI | 5.38 | 08/21/2028 | 5,398,000.00 | 5,565,463.00 | 0.07 |
| 320517AE5 | First Horizon Corp | FHN | 5.51 | 03/07/2031 | 5,790,000.00 | 5,959,101.00 | 0.07 |
| 38141GA79 | Goldman Sachs Group Inc/the | GS | 7.5 | 11/10/2173 | 5,210,000.00 | 5,474,899.00 | 0.07 |
| 38141GWV2 | Goldman Sachs Group Inc/the | GS | 3.81 | 04/23/2029 | 6,155,000.00 | 6,091,348.00 | 0.07 |
| 404280CL1 | HSBC Holdings Plc | HSBC | 2.01 | 09/22/2028 | 5,750,000.00 | 5,490,726.00 | 0.07 |
| 29379VBM4 | Enterprise Products Operating Llc | EPD | 7.43 | 08/16/2077 | 5,970,000.00 | 5,964,299.00 | 0.07 |
| 303901BJ0 | Fairfax Financial Holdings Ltd | FFHCN | 3.38 | 03/03/2031 | 6,700,000.00 | 6,295,318.00 | 0.07 |
| 212015AU5 | Continental Resources Inc/ok | CLR | 2.27 | 11/15/2026 | 5,875,000.00 | 5,715,767.00 | 0.07 |
| SWB8A9VKK0 | SWP: Ois Sofr 1.219670 15-aug-2028 - Pay | — | — | 08/15/2028 | -98,646,000.00 | 5,775,356.00 | 0.07 |
| 96145DAD7 | Wrkco Inc | SW | 3.38 | 09/15/2027 | 4,950,000.00 | 4,883,015.00 | 0.06 |
| 186108CK0 | Cleveland Electric Illuminating Co/the | FE | 3.5 | 04/01/2028 | 5,000,000.00 | 4,895,340.00 | 0.06 |
| 186108CL8 | Cleveland Electric Illuminating Co/the | FE | 4.55 | 11/15/2030 | 4,665,000.00 | 4,625,644.00 | 0.06 |
| 251526CN7 | Deutsche Bank Ag/new York Ny | DB | 4.34 | 11/16/2027 | 4,625,000.00 | 4,635,393.00 | 0.06 |
| 413875AW5 | L3harris Technologies Inc | LHX | 4.4 | 06/15/2028 | 4,720,000.00 | 4,746,562.00 | 0.06 |
| 345397D59 | FORD Motor Credit Co Llc | F | 6.8 | 11/07/2028 | 5,000,000.00 | 5,205,251.00 | 0.06 |
| 35671DCE3 | Freeport-mcmoran Inc | FCX | 4.13 | 03/01/2028 | 4,700,000.00 | 4,676,848.00 | 0.06 |
| 34959JAG3 | Fortive Corp | FTV | 3.15 | 06/15/2026 | 4,766,000.00 | 4,717,639.00 | 0.06 |
| 05526DBR5 | BAT Capital Corp | BATSLN | 2.26 | 03/25/2028 | 5,000,000.00 | 4,758,526.00 | 0.06 |
| 03027XAU4 | American Tower Corp | AMT | 3.95 | 03/15/2029 | 5,100,000.00 | 5,043,589.00 | 0.06 |
| 00973RAJ2 | AKER Bp Asa | AKERBP | 4.0 | 01/15/2031 | 5,000,000.00 | 4,796,169.00 | 0.06 |
| 02209SBS1 | Altria Group Inc | MO | 4.88 | 02/04/2028 | 4,735,000.00 | 4,806,292.00 | 0.06 |
| 15073LAA1 | Cedars-sinai Health System | CEDARS | 2.29 | 08/15/2031 | 5,821,000.00 | 5,207,354.00 | 0.06 |
| 12532HAK0 | CGI Inc | GIBACN | 4.95 | 03/14/2030 | 5,000,000.00 | 5,099,795.00 | 0.06 |
| 126117AU4 | CNA Financial Corp | CNA | 3.45 | 08/15/2027 | 5,155,000.00 | 5,087,173.00 | 0.06 |
| 806851AR2 | Schlumberger Holdings Corp | SLB | 2.65 | 06/26/2030 | 5,000,000.00 | 4,657,725.00 | 0.06 |
| 928668CQ3 | Volkswagen Group Of America Finance Llc | VW | 5.35 | 03/27/2030 | 4,565,000.00 | 4,681,719.00 | 0.06 |
| 893570BM2 | Transcontinental Gas Pipe Line Co Llc | WMB | 7.25 | 12/01/2026 | 4,705,000.00 | 4,858,801.00 | 0.06 |
| 682680CR2 | Oneok Inc | OKE | 6.5 | 09/01/2030 | 5,000,000.00 | 5,381,639.00 | 0.06 |
| 59284MAC8 | Mexico City Airport Trust | MEXCAT | 3.88 | 04/30/2028 | 5,065,000.00 | 4,945,769.00 | 0.06 |
| 55336VBN9 | MPLX Lp | MPLX | 4.25 | 12/01/2027 | 5,034,000.00 | 5,036,162.00 | 0.06 |
| 50222CAA8 | LSEG Us Fin Corp | LSELN | 4.88 | 03/28/2027 | 5,340,000.00 | 5,386,061.00 | 0.06 |
| 48128BAH4 | Jpmorgan Chase & Co | JPM | 7.04 | 10/01/2173 | 5,225,000.00 | 5,236,173.00 | 0.06 |
| 47216QAB9 | JDE Peet's Nv | JDEPNA | 1.38 | 01/15/2027 | 4,894,000.00 | 4,690,433.00 | 0.06 |
| 60856BAE4 | Molex Electronic Technologies Llc | MOLX | 4.75 | 04/30/2028 | 4,386,000.00 | 4,430,194.00 | 0.05 |
| 654744AB7 | Nissan Motor Co Ltd | NSANY | 3.52 | 09/17/2025 | 4,000,000.00 | 3,993,038.00 | 0.05 |
| 690742AN1 | Owens Corning | OC | 5.5 | 06/15/2027 | 4,375,000.00 | 4,470,940.00 | 0.05 |
| 70462GAB4 | Peacehealth Obligated Group | PEAHEA | 1.38 | 11/15/2025 | 4,585,000.00 | 4,554,840.00 | 0.05 |
| 90932LAH0 | United Airlines Inc | UAL | 4.63 | 04/15/2029 | 4,540,000.00 | 4,472,189.00 | 0.05 |
| 88339WAB2 | Williams Cos Inc/the | WMB | 4.9 | 03/15/2029 | 4,525,000.00 | 4,610,699.00 | 0.05 |
| 87165BAX1 | Synchrony Financial | SYF | 5.02 | 07/29/2029 | 3,920,000.00 | 3,945,589.00 | 0.05 |
| 91282CNP2 | United States Treasury Note/bond - When | WIT | 3.88 | 07/31/2027 | 4,505,000.00 | 4,524,005.00 | 0.05 |
| 743862AA2 | UNUM Group | UNM | 7.25 | 03/15/2028 | 4,171,000.00 | 4,447,813.00 | 0.05 |
| 756109CC6 | Realty Income Corp | O | 3.4 | 01/15/2030 | 4,500,000.00 | 4,346,277.00 | 0.05 |
| 832724AB4 | Smurfit Kappa Treasury Funding Dac | SW | 7.5 | 11/20/2025 | 3,902,000.00 | 3,926,664.00 | 0.05 |
| 126650EH9 | CVS Health Corp | CVS | 7.0 | 03/10/2055 | 4,245,000.00 | 4,424,011.00 | 0.05 |
| 097023DC6 | Boeing Co/the | BA | 3.63 | 02/01/2031 | 4,745,000.00 | 4,530,211.00 | 0.05 |
| 06738EBY0 | Barclays Plc | BACR | 5.5 | 08/09/2028 | 4,295,000.00 | 4,380,900.00 | 0.05 |
| 00507VAM1 | Activision Blizzard Inc | ATVI | 3.4 | 06/15/2027 | 4,600,000.00 | 4,454,423.00 | 0.05 |
| 00138CBC1 | Corebridge Global Funding | CRBG | 4.9 | 12/03/2029 | 4,455,000.00 | 4,543,951.00 | 0.05 |
| 001084AR3 | AGCO Corp | AGCO | 5.45 | 03/21/2027 | 4,455,000.00 | 4,515,848.00 | 0.05 |
| 05526DBB0 | BAT Capital Corp | BATSLN | 3.56 | 08/15/2027 | 4,524,000.00 | 4,469,016.00 | 0.05 |
| 026874DW4 | American International Group Inc | AIG | 4.85 | 05/07/2030 | 4,015,000.00 | 4,107,669.00 | 0.05 |
| 38141GYB4 | Goldman Sachs Group Inc/the | GS | 2.62 | 04/22/2032 | 5,120,000.00 | 4,621,045.00 | 0.05 |
| 44107TAW6 | HOST Hotels & Resorts Lp | HST | 4.5 | 02/01/2026 | 4,000,000.00 | 3,995,623.00 | 0.05 |
| 25160PAH0 | Deutsche Bank Ag/new York Ny | DB | 2.55 | 01/07/2028 | 4,522,000.00 | 4,410,621.00 | 0.05 |
| 173080201 | Citigroup Capital Xiii | C | 10.94 | 10/30/2040 | 132,000.00 | 3,940,200.00 | 0.05 |
| 31620MBS4 | Fidelity National Information Services I | FIS | 1.65 | 03/01/2028 | 4,285,000.00 | 4,034,327.00 | 0.05 |
| FVZ5 COMDT | US 5yr Note (cbt) Dec25 | FVZ5 | — | 12/31/2025 | 1,217,949,313.00 | 4,595,137.00 | 0.05 |
| 98462YAD2 | Yamana Gold Inc | YRICN | 4.63 | 12/15/2027 | 3,925,000.00 | 3,921,713.00 | 0.05 |
| 17327CBC6 | Citigroup Inc | C | 6.88 | 11/15/2173 | 3,390,000.00 | 3,456,431.00 | 0.04 |
| 23311VAH0 | DCP Midstream Operating Lp | DCP | 5.13 | 05/15/2029 | 3,668,000.00 | 3,747,650.00 | 0.04 |
| 345397G49 | FORD Motor Credit Co Llc | F | 5.88 | 11/07/2029 | 3,350,000.00 | 3,387,909.00 | 0.04 |
| 302491AT2 | FMC Corp | FMC | 3.2 | 10/01/2026 | 3,728,000.00 | 3,678,008.00 | 0.04 |
| 05571AAZ8 | BPCE Sa | BPCEGP | 5.88 | 01/14/2031 | 3,175,000.00 | 3,304,751.00 | 0.04 |
| 11135EAA2 | Broadstone Net Lease Llc | BNL | 2.6 | 09/15/2031 | 4,206,000.00 | 3,632,487.00 | 0.04 |
| 12513GBK4 | CDW Llc / Cdw Finance Corp | CDW | 5.1 | 03/01/2030 | 3,250,000.00 | 3,307,032.00 | 0.04 |
| 832248BC1 | Smithfield Foods Inc | SFD | 3.0 | 10/15/2030 | 3,850,000.00 | 3,517,305.00 | 0.04 |
| 83192PAA6 | Smith & Nephew Plc | SNLN | 2.03 | 10/14/2030 | 3,800,000.00 | 3,380,193.00 | 0.04 |
| 83368RBD3 | Societe Generale Sa | SOCGEN | 2.89 | 06/09/2032 | 4,225,000.00 | 3,754,399.00 | 0.04 |
| 74368CBZ6 | Protective Life Global Funding | PL | 4.34 | 09/13/2027 | 3,500,000.00 | 3,514,578.00 | 0.04 |
| 92343VHA5 | Verizon Communications Inc | VZ | 5.4 | 07/02/2037 | 3,382,000.00 | 3,394,824.00 | 0.04 |
| 91282CMH1 | United States Treasury Note/bond | T | 4.13 | 01/31/2027 | 3,000,000.00 | 3,015,000.00 | 0.04 |
| 958254AF1 | Western Midstream Operating Lp | WES | 4.65 | 07/01/2026 | 3,000,000.00 | 2,998,952.00 | 0.04 |
| 880451AS8 | Tennessee Gas Pipeline Co Llc | KMI | 7.0 | 03/15/2027 | 3,575,000.00 | 3,712,900.00 | 0.04 |
| 91282CBS9 | United States Treasury Note/bond | T | 1.25 | 03/31/2028 | 3,545,000.00 | 3,342,270.00 | 0.04 |
| 690742AF8 | Owens Corning | OC | 3.4 | 08/15/2026 | 3,329,000.00 | 3,300,924.00 | 0.04 |
| 67080LAC9 | Nuveen Llc | TIAAGL | 5.55 | 01/15/2030 | 2,845,000.00 | 2,978,119.00 | 0.04 |
| 61747YFU4 | Morgan Stanley | MS | 4.65 | 10/18/2030 | 3,420,000.00 | 3,452,902.00 | 0.04 |
| 554783AK6 | Macmillan Bloedel Pembroke Lp | WY | 7.7 | 02/15/2026 | 3,000,000.00 | 3,045,002.00 | 0.04 |
| 45687VAA4 | Ingersoll Rand Inc | IR | 5.4 | 08/14/2028 | 3,585,000.00 | 3,708,013.00 | 0.04 |
| 46590XAY2 | JBS Usa Holding Lux Sarl/ Jbs Usa Food C | JBSSBZ | 5.75 | 04/01/2033 | 2,810,000.00 | 2,909,650.00 | 0.03 |
| 674599ED3 | Occidental Petroleum Corp | OXY | 6.63 | 09/01/2030 | 2,355,000.00 | 2,505,325.00 | 0.03 |
| 695114CW6 | Pacificorp | BRKHEC | 2.7 | 09/15/2030 | 2,685,000.00 | 2,478,250.00 | 0.03 |
| 90932PAA6 | United Airlines 2014-1 Class A Pass Thro | UAL | 4.0 | 04/11/2026 | 2,731,819.00 | 2,726,331.00 | 0.03 |
| 904678AB5 | Unicredit Spa | UCGIM | 4.63 | 04/12/2027 | 2,250,000.00 | 2,255,228.00 | 0.03 |
| 89788MAQ5 | Truist Financial Corp | TFC | 7.16 | 10/30/2029 | 2,030,000.00 | 2,203,399.00 | 0.03 |
| 928668CR1 | Volkswagen Group Of America Finance Llc | VW | 5.65 | 03/25/2032 | 2,265,000.00 | 2,319,540.00 | 0.03 |
| 92936UAE9 | WP Carey Inc | WPC | 4.25 | 10/01/2026 | 2,261,000.00 | 2,258,233.00 | 0.03 |
| 928668CG5 | Volkswagen Group Of America Finance Llc | VW | 5.25 | 03/22/2029 | 2,810,000.00 | 2,866,123.00 | 0.03 |
| 92840VAF9 | Vistra Operations Co Llc | VST | 5.0 | 07/31/2027 | 2,271,000.00 | 2,266,014.00 | 0.03 |
| 92564RAH8 | VICI Properties Lp / Vici Note Co Inc | VICI | 4.5 | 09/01/2026 | 2,924,000.00 | 2,917,034.00 | 0.03 |
| 758750AL7 | Regal Rexnord Corp | RRX | 6.05 | 02/15/2026 | 2,916,000.00 | 2,928,493.00 | 0.03 |
| 78433LAA4 | SCE Recovery Funding Llc | EIX | 0.86 | 11/15/2031 | 2,492,097.00 | 2,235,189.00 | 0.03 |
| 830867AA5 | Delta Air Lines Inc / Skymiles Ip Ltd | DAL | 4.5 | 10/20/2025 | 2,111,500.00 | 2,109,382.00 | 0.03 |
| 852060AD4 | Sprint Capital Corp | S | 6.88 | 11/15/2028 | 2,470,000.00 | 2,656,827.00 | 0.03 |
| 863667AY7 | Stryker Corp | SYK | 1.95 | 06/15/2030 | 2,985,000.00 | 2,690,957.00 | 0.03 |
| 125896BR0 | CMS Energy Corp | CMS | 2.95 | 02/15/2027 | 2,445,000.00 | 2,397,633.00 | 0.03 |
| 06738EBU8 | Barclays Plc | BACR | 2.28 | 11/24/2027 | 2,960,000.00 | 2,887,350.00 | 0.03 |
| 03837AAD2 | Aptiv Swiss Holdings Ltd | APTV | 6.88 | 12/15/2054 | 2,255,000.00 | 2,276,029.00 | 0.03 |
| 01400EAE3 | Alcon Finance Corp | ALCSW | 5.38 | 12/06/2032 | 2,159,000.00 | 2,236,936.00 | 0.03 |
| 345397C43 | FORD Motor Credit Co Llc | F | 6.95 | 03/06/2026 | 2,200,000.00 | 2,216,534.00 | 0.03 |
| 37045XDR4 | General Motors Financial Co Inc | GM | 2.35 | 02/26/2027 | 2,590,000.00 | 2,516,292.00 | 0.03 |
| 375558BY8 | Gilead Sciences Inc | GILD | 1.65 | 10/01/2030 | 3,318,000.00 | 2,931,250.00 | 0.03 |
| 45262BAJ2 | Imperial Brands Finance Plc | IMBLN | 4.5 | 06/30/2028 | 2,595,000.00 | 2,608,442.00 | 0.03 |
| 41284VAC6 | Harley-davidson Financial Services Inc | HOG | 6.5 | 03/10/2028 | 2,360,000.00 | 2,461,137.00 | 0.03 |
| 233331BK2 | DTE Energy Co | DTE | 5.1 | 03/01/2029 | 2,820,000.00 | 2,891,838.00 | 0.03 |
| 224044CL9 | COX Communications Inc | COXENT | 1.8 | 10/01/2030 | 3,250,000.00 | 2,830,127.00 | 0.03 |
| 302445AE1 | Teledyne Flir Llc | TDY | 2.5 | 08/01/2030 | 2,381,000.00 | 2,176,941.00 | 0.03 |
| 29273VAP5 | Energy Transfer Lp | ET | 5.55 | 02/15/2028 | 2,559,000.00 | 2,634,759.00 | 0.03 |
| 958254AK0 | Western Midstream Operating Lp | WES | 4.75 | 08/15/2028 | 2,653,000.00 | 2,667,022.00 | 0.03 |
| SWB8AC19E1 | FORD Motor Company Cds 20281220 | — | 5.0 | 12/20/2028 | 20,000,000.00 | 2,478,945.00 | 0.03 |
| SWB8AEBF50 | Cdx.na.ig.44.v1 5yr Rtp @ 55.00000 | — | — | 11/19/2025 | 1,170,000,000.00 | 2,011,285.00 | 0.02 |
| SWZ92RH0HY | TECK Resources Ltd Cds 20260620 | — | 5.0 | 06/20/2026 | 40,000,000.00 | 1,957,282.00 | 0.02 |
| 29379VBN2 | Enterprise Products Operating Llc | EPD | 5.25 | 08/16/2077 | 1,700,000.00 | 1,685,532.00 | 0.02 |
| 44107TAY2 | HOST Hotels & Resorts Lp | HST | 3.38 | 12/15/2029 | 1,750,000.00 | 1,659,691.00 | 0.02 |
| 44107TAZ9 | HOST Hotels & Resorts Lp | HST | 3.5 | 09/15/2030 | 2,200,000.00 | 2,068,361.00 | 0.02 |
| 42824CBT5 | Hewlett Packard Enterprise Co | HPE | 4.55 | 10/15/2029 | 1,560,000.00 | 1,570,030.00 | 0.02 |
| 007589AD6 | Advocate Health & Hospitals Corp | ADVHEA | 2.21 | 06/15/2030 | 1,702,000.00 | 1,560,176.00 | 0.02 |
| 04941YAC3 | Atlas Senior Loan Fund Xi Ltd | ATCLO | 5.68 | 07/26/2031 | 1,446,321.00 | 1,446,536.00 | 0.02 |
| 03837AAA8 | Aptiv Swiss Holdings Ltd | APTV | 4.65 | 09/13/2029 | 1,665,000.00 | 1,670,324.00 | 0.02 |
| 15089QAM6 | Celanese Us Holdings Llc | CE | 6.67 | 07/15/2027 | 1,591,000.00 | 1,637,666.00 | 0.02 |
| 85207UAK1 | Sprint Llc | S | 7.63 | 03/01/2026 | 1,905,000.00 | 1,914,308.00 | 0.02 |
| 83608GAN6 | Sound Point Clo Ii Ltd | SNDPT | 5.65 | 01/26/2031 | 2,005,146.00 | 2,008,154.00 | 0.02 |
| 74762EAK8 | Quanta Services Inc | PWR | 4.75 | 08/09/2027 | 1,730,000.00 | 1,748,208.00 | 0.02 |
| 91282CLP4 | United States Treasury Note/bond | T | 3.5 | 09/30/2026 | 1,515,000.00 | 1,509,496.00 | 0.02 |
| 718172CE7 | Philip Morris International Inc | PM | 3.13 | 03/02/2028 | 1,790,000.00 | 1,751,525.00 | 0.02 |
| 59001ABD3 | Meritage Homes Corp | MTH | 3.88 | 04/15/2029 | 2,000,000.00 | 1,956,537.00 | 0.02 |
| 61691GAQ3 | Morgan Stanley Bank Of America Merrill L | MSBAM | 3.51 | 12/01/2049 | 1,937,754.00 | 1,925,120.00 | 0.02 |
| 61238QAA6 | LYB Finance Co Bv | LYB | 8.1 | 03/15/2027 | 1,008,000.00 | 1,061,083.00 | 0.01 |
| 571903BP7 | Marriott International Inc/md | MAR | 4.88 | 05/15/2029 | 1,193,000.00 | 1,214,904.00 | 0.01 |
| 91282CLR0 | United States Treasury Note/bond | T | 4.13 | 10/31/2029 | 1,000,000.00 | 1,018,203.00 | 0.01 |
| 91282CMS7 | United States Treasury Note/bond | T | 3.88 | 03/15/2028 | 1,000,000.00 | 1,007,187.00 | 0.01 |
| 91282CMY4 | United States Treasury Note/bond | T | 3.75 | 04/30/2027 | 775,000.00 | 775,847.00 | 0.01 |
| 91282CME8 | United States Treasury Note/bond | T | 4.25 | 12/31/2026 | 600,000.00 | 603,609.00 | 0.01 |
| 912810UK2 | United States Treasury Note/bond | T | 4.75 | 05/15/2055 | 825,000.00 | 802,699.00 | 0.01 |
| 03939CAA1 | ARCH Capital Finance Llc | ACGL | 4.01 | 12/15/2026 | 1,010,000.00 | 1,007,612.00 | 0.01 |
| 404280DG1 | HSBC Holdings Plc | HSBC | 5.21 | 08/11/2028 | 900,000.00 | 914,388.00 | 0.01 |
| 37190AAB5 | Genpact Luxembourg Sarl/genpact Usa Inc | G | 6.0 | 06/04/2029 | 365,000.00 | 380,055.00 | 0.00 |
| 91282CLS8 | United States Treasury Note/bond | T | 4.13 | 10/31/2026 | 200,000.00 | 200,640.00 | 0.00 |
| 780641AH9 | Koninklijke Kpn Nv | KPN | 8.38 | 10/01/2030 | 70,000.00 | 81,947.00 | 0.00 |
| TUZ5 COMDT | US 2yr Note (cbt) Dec25 | TUZ5 | — | 12/31/2025 | 274,645,945.00 | 417,916.00 | 0.00 |
| USZ5 COMDT | US Long Bond(cbt) Dec25 | USZ5 | — | 12/19/2025 | 30,276,250.00 | 131,576.00 | 0.00 |
| UXYZ5 COMD | US 10yr Ultra Fut Dec25 | UXYZ5 | — | 12/19/2025 | 22,423,625.00 | 101,736.00 | 0.00 |
| VQLLABTIPI | Eur/usd Fwd 20250902 57918 | EUR | — | 09/02/2025 | 13,063,429.00 | -7,704.00 | 0.00 |
| WNZ5 COMDT | US Ultra Bond Cbt Dec25 | WNZ5 | — | 12/19/2025 | 34,619,063.00 | -180,649.00 | 0.00 |
| SWB8AAPJV2 | Scds: (imbln) | — | 1.0 | 06/21/2027 | -12,600,000.00 | -231,972.00 | 0.00 |
| O0EF5E2MKB | Eur/usd Fwd 20250902 57918 | EUR | — | 09/02/2025 | -13,063,429.00 | 58,325.00 | 0.00 |
| SWB8A8HPNV | HOST Hotels & Resorts Lp Cds 20251220 | — | 1.0 | 12/20/2025 | -4,250,000.00 | -19,507.00 | 0.00 |
| SWB8AD4RC0 | Lincoln National Corporation Cds 2029122 | — | 1.0 | 12/20/2029 | 15,000,000.00 | 83,650.00 | 0.00 |
| BBONP837DU | Eur/usd Fwd 20251002 57918 | EUR | — | 10/02/2025 | -13,063,429.00 | 8,874.00 | 0.00 |
| IHBZ5 INDE | IBIG Iboxx Ishr Dec25 | IHBZ5 | — | 12/01/2025 | -100,810,500.00 | -500,731.00 | -0.01 |
| SWB8AEBF51 | Cdx.na.ig.44.v1 5yr Rtp @ 70.00000 | — | — | 11/19/2025 | -1,170,000,000.00 | -822,235.00 | -0.01 |
| SWB8AEBF4Y | Cdx.na.ig.44.v1 5yr Rtr @ 47.50000 | — | — | 11/19/2025 | -1,170,000,000.00 | -657,480.00 | -0.01 |
| TYZ5 COMDT | US 10yr Note (cbt)dec25 | TYZ5 | — | 12/19/2025 | -344,475,000.00 | -1,352,619.00 | -0.02 |
| SWB8ADV8DN | Trswap: Iboxig Index 12/22/2025 Jpmsw_r | — | — | 12/22/2025 | -155,700.00 | -2,228,334.00 | -0.03 |
| SWB8ADX2GX | Trswap: Iboxxuslig Index 12/22/2025 Msls | — | — | 12/22/2025 | -155,632.00 | -2,205,574.00 | -0.03 |
| CURRENCY | Currency | — | — | — | -4,408,668.00 | -4,294,311.00 | -0.05 |
| SWB8ACMDF1 | SWP: Ois Sofr 4.253000 13-may-2029 | — | — | 05/13/2029 | -440,900,000.00 | -14,632,193.00 | -0.17 |
The CUSIP information contained in pgimfunds.com and/or prudential.com consists of security identifiers and related descriptive information (“the CUSIP Database”) and is protected under the copyright laws and is licensed with permission from CUSIP Global Services (“CGS”), on behalf of the American Bankers Association (“ABA”).
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ABOUT
PGIM Fixed Income, with $862 billion in assets under management as of March 31, 2025, is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, N.J., London, Tokyo and Singapore. At PGIM Fixed Income we believe that research-driven security selection is the most consistent strategy for adding value to client portfolios. The firm complements that base strategy with active sector rotation, duration management, and superior trade execution. Risk budgeting is central to this approach. PGIM Limited is also a subadvisor on this fund. PGIM Limited is an indirect, wholly-owned subsidiary of PGIM, Inc. (“PGIM”), the principal asset management business of Prudential Financial, Inc. (“PFI”), a company incorporated and with its principal place of business in the United States.
David Del Vecchio, Matthew Csontos, Danielle Navarro and Rajat Shah of PGIM Fixed Income are responsible for the management of the PGIM Short-Term Corporate Bond Fund.
David Del Vecchio
Managing Director and Co-Head of U.S. Investment Grade Corporate Bond Team at PGIM Fixed Income
David Del Vecchio is a Managing Director and Co-Head of U.S. Investment Grade Corporate Bond Team at PGIM Fixed Income.
Matthew Csontos
Vice President and Portfolio Manager for PGIM Fixed Income's U.S. Investment Grade Corporate Bond Team
Matthew Csontos is a Vice President and portfolio manager for PGIM Fixed Income's U.S. Investment Grade Corporate Bond Team.
Danielle Navarro
Principal and portfolio manager for PGIM Fixed Income's U.S. Investment Grade Corporate Bond Team.
Danielle Navarro, CFA, is a Principal and portfolio manager for PGIM Fixed Income's U.S. Investment Grade Corporate Bond Team.
Rajat Shah, CFA
Principal and Portfolio Manager for PGIM Fixed Income's Investment Grade Corporate Team
PGIM Fixed Income
Rajat Shah, CFA, is a Principal and portfolio manager for PGIM Fixed Income's Investment Grade Corporate Team and is responsible for our global corporate strategy.
Average Maturity is the average time to maturity for a bond. Credit quality is calculated using the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s, S&P, or Fitch. The Not Rated category consists of securities that have not been rated by an NRSRO. Duration measures investment risk that takes into account both a bond's interest payments and its value to maturity. Standard deviation depicts how widely returns vary around its average and is used to understand the range of returns most likely for a given fund. A higher standard deviation generally implies greater volatility. Overweight/Underweights are benchmarked against the Bloomberg Capital 1-5 Year US Credit Index, an unmanaged index of publicly issued US corporate and specified foreign debentures and secured notes that meet specific maturity (between one and five years), liquidity, and quality requirements. It gives a broad look at how short and intermediate-term bonds have performed. An investment cannot be made directly in an index. Due to data availability, statistics may not be as of the current reporting period.
Enhanced cash strategies are variations on traditional money market vehicles. They are designed to provide liquidity and principal preservation, but with more of an emphasis on seeking returns that are superior to those of traditional money market offerings.
Source: Benchmarks - Lipper Inc.; Statistics - Morningstar Inc.; All other data from PGIM, Inc.
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BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively “Bloomberg”). Bloomberg or Bloomberg’s licensors own all proprietary rights in the Bloomberg Indices. Bloomberg neither approves nor endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results obtained therefrom and, to the maximum extend allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.
Class R shares are closed to new investors. Class R2 shares and Class R4 shares are only offered for sale to group retirement plans available through a retirement recordkeeper or third party administrator. Class R6 and Z shares may be available to group retirement plans and institutional investors through certain retirement, mutual fund wrap and asset allocation programs. They may also be available to institutional investors. Class Z shares may be available through fee- or commission-based retail brokerage programs of certain financial intermediaries. Class A, C, and Z shares are generally closed to new retirement plans. Please see the prospectus for additional information about fees, expenses, and investor eligibility.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. For more information about a fund, click on the prospectus or summary prospectus link above. Read them carefully before investing.
Investment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC. PGIM Investments is a registered investment advisor and investment manager to PGIM registered investment companies. PGIM Fixed Income is a unit of PGIM, a registered investment advisor. PGIM Limited acts as a subadvisor to all fixed income funds. PGIM Limited is an indirect, wholly owned subsidiary of PGIM, Inc. (PGIM), the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. All are Prudential Financial affiliates. © 2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Fixed Income, PGIM Limited, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.
INVESTMENT PRODUCTS | Are not insured by the FDIC or any federal government agency | May lose value | Are not a deposit of or guaranteed by any bank or any bank affiliate.
Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.
4364915 Ed. 9/2024
Fund Literature
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