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Dynamic Risk Allocation Fund (Class Y)  (PDRYX)

A global allocation strategy that seeks a strong risk-adjusted return by allocating to four risk sources

Highlights

Objective

The fund seeks total return. Total return is composed of capital appreciation and income.

Strategy and process

  • Risk-based allocation: Allocates to four risk sources - equity, credit, interest rate, and inflation - to better balance equity risk and improve downside protection.
  • Top-down flexibility: Dynamically adjusts allocations to reflect our active top-down views of future risk-adjusted return potential.
  • Bottom-up strategies: Invests selectively in a range of lower-volatility and hedging strategies to further diversify sources of returns and manage risk.

Fund price

Yesterday’s close 52-week high 52-week low
Net asset value $11.10
0.54% | $0.06
$11.76
10/02/18
$9.91
12/24/18
Historical fund price

Consistency of positive performance over five years

Performance represents 5-year returns in rolling quarter-end periods since inception.

Performance shown does not reflect the effects of any sales charges. Note that returns of 0.00% are counted as positive periods. For complete fund performance, please click on the performance tab.

5.24%

Best 5-year annualized return

(for period ending 06/30/18)


1.36%

Worst 5-year annualized return

(for period ending 12/31/18)


3.86%

Average 5-year annualized return


Fund facts as of 04/30/19

Total net assets
$85.62M
Turnover (fiscal year end)
312%
Dividend frequency
Annually
Number of holdings
1297
Fiscal year-end
May
CUSIP / Fund code
746764182 / 1879
Inception date
09/19/11
Category
Asset Allocation
Open to new investors
Ticker
PDRYX

Management team

Chief Investment Officer, Global Asset Allocation
Co-Head of Global Asset Allocation
Portfolio Manager
Co-Head of Global Asset Allocation


Literature


Market volatility returns to "old" normal
Our outlook for stock market volatility sees the levels reached in 2018 continuing, in part because these levels were close to the long-term norm.
Watch the euro as Italy votes
We are watching the referendum in Italy this weekend for yet another existential crisis for the euro.
Italy's bank troubles challenge EU
Troubled banks in Italy pose a new challenge to the EU, one that has been compounded by the U.K.'s vote in favor of Brexit.

Performance

  • Total return (%) as of 03/31/19

  • Annual performance as of 03/31/19

Annualized Total return (%) as of 03/31/19

Annualized performance 1 yr. 3 yrs. 5 yrs. Life (inception: 09/19/11 )
Before sales charge -0.79% 6.04% 2.75% 4.34%
After sales charge N/A N/A N/A N/A
Custom Dynamic Risk Allocation Index 1.91%6.71%2.67%--

Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary, and you may have a gain or loss when you sell your shares. Performance assumes reinvestment of distributions and does not account for taxes. Returns before sales charge do not reflect the current maximum sales charges as indicated below. Had the sales charge been reflected, returns would be lower. Returns at public offering price (after sales charge) for class A and class M shares reflect the current maximum initial sales charges of 5.75% and 3.50% for equity funds and Putnam Multi-Asset Absolute Return Fund, 4.00% and 3.25% for income funds and 2.25% and 0.75% for Putnam Floating Rate Income Fund, Short-Term Municipal Income, Short Duration Bond Fund, and Fixed Income Absolute Return Fund, respectively. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, which is 3% in the first year, declining to 1% in the fourth year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, N, R, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax-Free High Yield Fund and Putnam AMT-Free Municipal Fund, which are based on the historical performance of class B shares). Returns at public offering price (after sales charge) for class N shares reflect the current maximum initial sales charge of 1.50%. Class R5/R6 shares, available to qualified employee-benefit plans only, are sold without an initial sales charge and have no CDSC. Class Y shares are generally only available for corporate and institutional clients and have no initial sales charge. Performance for Class R5/R6 shares before their inception are derived from the historical performance of class Y shares, which have not been adjusted for the lower expenses; had they, returns would have been higher. Class A and M shares of Putnam money market funds have no initial sales charge. For a portion of the periods, some funds had expense limitations or had been sold on a limited basis with limited assets and expenses, without which returns would be lower.

Performance snapshot

  Before sales charge After sales charge
1 mt. as of 04/30/19 1.80% -
YTD as of 05/24/19 9.58% -

Risk-adjusted performance as of 04/30/19

Sharpe ratio (3 yrs.) 0.66

Volatility as of 04/30/19

Standard deviation (3 yrs.) 7.19%

Lipper rankings as of 04/30/19

Time period Rank/Funds in category Percentile ranking
1 yr. 186/261 71%
3 yrs. 77/233 33%
5 yrs. 70/201 35%
10 yrs. --  
Lipper category: Alternative Global Macro Funds

Morningstar Ratings as of 04/30/19

Time period Funds in category Morningstar Rating
Overall 484
3 yrs. 484
5 yrs. 391
Morningstar category: Allocation--30% to 50% Equity

Distributions

Record/Ex dividend date 12/18/18
Payable date 12/20/18
Income $0.194
Extra income --
Short-term cap. gain --
Long-term cap. gain --

Lipper rankings are based on total return without sales charge relative to all share classes of funds with similar objectives as determined by Lipper. Past performance is not indicative of future results.

The Morningstar RatingTM 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.

The up-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has risen. The ratio is calculated by dividing the manager’s returns by the returns of the index during the up-market, and multiplying that factor by 100. The down-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has dropped. The ratio is calculated by dividing the manager’s returns by the returns of the index during the down-market and multiplying that factor by 100.


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** FundVisualizer comparison based on Putnam fund versus the largest fund in its Morningstar category.


Holdings

Top 10 holdings as of 04/30/19

S&P Gsci Tot Return 3x 144a Note 01/27/2020 4.50%
Umbs Fn30 Tba 04.0000 06/01/2049 3.59%
Gnma Gii30 Tba 03.5000 05/01/2049 2.37%
Umbs Fn30 Tba 03.0000 05/01/2049 2.31%
S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019 1.46%
Umbs Fn30 Tba 06.0000 06/01/2049 1.26%
Umbs Fn15 Tba 03.0000 05/01/2034 1.17%
JPMorgan Chase 1.06%
Walt Disney 1.00%
Alphabet 0.93%
Top 10 holdings, percent of portfolio 19.65%

Full portfolio holdings as of 03/31/19

MLFCF15 R US0003M P 03/30/20 BA 15.15%
JPN 10Y BOND(OSE) JUN19 JBM9 11.33%
CDX CDX.EM.31 100.0 06/20/2024 5.96%
CPURNSA R 2.57 P 07/19/23 5.65%
CPURNSA R 2.356 P 07/02/28 5.27%
CGPUTQL2 R US0003M P 11/26/19 CI 5.05%
CDX CDX.NA.HY.32 500.0 06/20/2024 4.88%
S&P GSCI TOTAL RETURN 3X 144A NOTE 01/27/2020 4.59%
EURO-BUND FUTURE JUN19 RXM9 4.58%
CPURNSA R 2.308 P 12/05/26 4.23%
S&P GSCI 3 MONTH FORWARD TOTAL RETURN INDX 3X NOTE 10/7/2019 3.60%
US 5YR NOTE (CBT) JUN19 FVM9 3.58%
US 2YR NOTE (CBT) JUN19 TUM9 3.49%
LONG GILT FUTURE JUN19 G M9 3.22%
CPURNSA R 2.1438 P 11/07/27 3.15%
EURO-BOBL FUTURE JUN19 OEM9 2.85%
FNMA FN30 TBA 04.0000 04/01/2049 2.80%
EURO-SCHATZ FUT JUN19 DUM9 2.17%
EURO BUXL 30Y BND JUN19 UBM9 2.15%
CPURNSA R 2.76 P 01/09/23 2.06%
GNMA GII30 TBA 03.5000 04/01/2049 1.86%
FNMA FN30 TBA 03.0000 05/01/2049 1.81%
E-MINI RUSS 2000 JUN19 RTYM9 1.61%
US ULTRA BOND CBT JUN19 WNM9 1.53%
CPURNSA R 2.3875 P 07/09/28 1.49%
CPURNSA R 1.858 P 04/07/26 1.39%
CPURNSA R 2.5325 P 08/08/22 1.31%
S&P GSCI TOT RETURN INDEX 3X NOTE 1/21/2020 1.31%
CPURNSA R 1.92 P 08/07/25 1.27%
CPURNSA R 2.099 P 02/07/29 1.27%
CPURNSA R 2.3075 P 04/06/28 1.23%
CPURNSA R 2.138 P 03/07/29 0.99%
FNMA FN30 TBA 06.0000 04/01/2049 0.98%
FNMA FN15 TBA 03.0000 04/01/2034 0.92%
JPMORGAN CHASE & CO 0.82%
ALPHABET INC-CL A 0.81%
WALT DISNEY CO/THE 0.72%
US LONG BOND(CBT) JUN19 USM9 0.68%
APPLE INC 0.62%
HONEYWELL INTERNATIONAL INC 0.62%
MICROSOFT CORP 0.61%
STARBUCKS CORP 0.60%
MONDELEZ INTERNATIONAL INC-A 0.58%
AUTOMATIC DATA PROCESSING 0.57%
CPURNSA R 2.5925 P 09/10/22 0.57%
TEXAS INSTRUMENTS INC 0.57%
INTUIT INC 0.56%
TJX COMPANIES INC 0.56%
EXELON CORP 0.55%
RAYTHEON COMPANY 0.55%
AMERICAN ELECTRIC POWER 0.53%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.53%
INTERCONTINENTAL EXCHANGE IN 0.52%
COCA-COLA CO/THE 0.51%
EXXON MOBIL CORP 0.51%
COGNIZANT TECH SOLUTIONS-A 0.50%
US BANCORP 0.50%
AUTOZONE INC 0.48%
FIDELITY NATIONAL INFO SERV 0.48%
NORTHROP GRUMMAN CORP 0.46%
OCCIDENTAL PETROLEUM CORP 0.46%
HUMANA INC 0.44%
JOHNSON & JOHNSON 0.44%
SYSCO CORP 0.44%
ALLSTATE CORP 0.43%
EQUITY RESIDENTIAL TR REIT 0.43%
WASTE MANAGEMENT INC 0.43%
T-MOBILE US INC 0.42%
VICI PROPERTIES INC 0.42%
AMAZON.COM INC 0.41%
ANNALY CAPITAL MANAGEMENT IN 0.41%
CISCO SYSTEMS INC 0.41%
OMNICOM GROUP 0.40%
COMERICA INC 0.38%
VERIZON COMMUNICATIONS INC 0.37%
BAXTER INTERNATIONAL INC 0.36%
CENTENE CORP 0.36%
NORFOLK SOUTHERN CORP 0.36%
PFIZER INC 0.35%
MERCK & CO. INC. 0.33%
F5 NETWORKS INC 0.32%
KINDER MORGAN INC 0.31%
SIMON PROPERTY GROUP INC 0.31%
COMMONWEALTH BK AUST P/P 144A 02.2000 11/09/2020 0.30%
NXP SEMICONDUCTORS NV 0.30%
ROSS STORES INC 0.30%
GARMIN LTD 0.29%
AGNC INVESTMENT CORP 0.28%
SPST 2018-1 A 03.3811 04/24/2019 0.28%
CADENCE DESIGN SYS INC 0.27%
JUNIPER NETWORKS INC 0.27%
PROCTER & GAMBLE CO/THE 0.27%
SAMSUNG ELECTRONICS CO LTD 0.27%
IOS.FN30.400.10 R USL1M P 01/12/41 BC 0.25%
ROCHE HOLDING AG-GENUSSCHEIN 0.25%
SKANDINAVISKA ENSKIL P/P 144A 02.6250 11/17/2020 0.25%
UNITEDHEALTH GROUP INC 0.25%
HERSHEY CO/THE 0.24%
AMGEN INC 0.23%
DOLLAR TREE INC 0.23%
ELI LILLY & CO 0.23%
NATIONAL AUSTRALIA BK/NY 02.5000 01/12/2021 0.23%
SIEMENS FINANCIERING P/P 144A 02.2000 03/16/2020 0.23%
SPST 2018-5 A 03.1811 09/24/2019 0.23%
BANQUE FED CRED MUTU P/P 144A 02.2000 07/20/2020 0.22%
SPST 2018-3 A 03.1811 07/24/2019 0.22%
SYNOPSYS INC 0.22%
LOEWS CORP 0.21%
WESTPAC BANKING CORP USD 02.1500 03/06/2020 0.21%
ARGENTINE REPUBLIC USD 07.5000 04/22/2026 0.20%
BERRY GLOBAL GROUP INC 0.20%
GAMING AND LEISURE PROPERTIE 0.20%
HD SUPPLY HOLDINGS INC 0.20%
IVORY COAST REGS 05.2500 03/22/2030 0.20%
LLOYDS BANKING GROUP PLC USD 07.5000 04/30/2049 0.19%
REPUBLIC OF INDONESIA REGS 04.7500 01/08/2026 0.19%
SHERWIN-WILLIAMS CO/THE 0.19%
TOTAL SA 0.19%
ALLIANZ SE-REG 0.18%
AVALONBAY COMMUNITIES INC 0.18%
BANK OF AMERICA CORP 06.1100 01/29/2037 0.18%
DIAMOND 1 FIN/DIAM P/P 144A 06.0200 06/15/2026 0.18%
GLAXOSMITHKLINE PLC 0.18%
UBS AG LONDON P/P 144A 02.2000 06/08/2020 0.18%
UBS GROUP FUNDIN P/P 144A 02.6500 02/01/2022 0.18%
CAS 2015-C04 1M2 08.1855 04/25/2028 0.17%
CLEAR CHANNEL COMMUN 09.0000 12/15/2019 0.17%
CSC HOLDINGS LLC 05.2500 06/01/2024 0.17%
ENERGY TRANSFER OPERATNG 05.8750 01/15/2024 0.17%
EQUITY LIFESTYLE PROPERTIES 0.17%
FACEBOOK INC-CLASS A 0.17%
IHS MARKIT LTD P/P 144A 04.7500 02/15/2025 0.17%
JPMORGAN CHASE & CO 03.9640 11/15/2048 0.17%
LOWES COMPANIES INC 0.17%
MAXIM INTEGRATED PRODUCTS 0.17%
RIO TINTO PLC 0.17%
TENCENT HOLDINGS LTD 0.17%
APPLE INC 02.1000 05/06/2019 0.16%
CDK GLOBAL INC 0.16%
CWALT 2006-OA7 1A2 03.3365 06/25/2046 0.16%
LABORATORY CRP OF AMER HLDGS 0.16%
NOVARTIS AG-REG 0.16%
TOTAL CAPITAL INTL SA USD 02.7500 06/19/2021 0.16%
UNITED TECHNOLOGIES CORP 01.9000 05/04/2020 0.16%
US FOODS HOLDING CORP 0.16%
ATHENE HOLDING LTD-CLASS A 0.15%
CAS 2015-C04 2M2 08.0355 04/25/2028 0.15%
EXXON MOBIL CORPORATION 02.2220 03/01/2021 0.15%
GOLDMAN SACHS GROUP INC 02.6000 12/27/2020 0.15%
LIBERTY PROPERTY TRUST 0.15%
PETROLEOS MEXICANOS USD 06.5000 03/13/2027 0.15%
UDR INC 0.15%
AES CORP/THE 05.5000 04/15/2025 0.14%
ALIBABA GROUP HOLDING-SP ADR 0.14%
BIOGEN INC 0.14%
DUKE REALTY CORP 0.14%
ECOLAB INC 0.14%
ERAC USA FINANCE LLC P/P 144A 07.0000 10/15/2037 0.14%
HILTON WORLDWIDE FIN LLC 04.8750 04/01/2027 0.14%
INTERPUBLIC GROUP COS 04.6500 10/01/2028 0.14%
LAMB WESTON HOLDINGS P/P 144A 04.8750 11/01/2026 0.14%
MEDTRONIC PLC 0.14%
ORACLE CORPORATION 02.2500 10/08/2019 0.14%
PHILLIPS 66 0.14%
PROLOGIS INC 0.14%
SIRIUS XM RADIO INC P/P 144A 05.0000 08/01/2027 0.14%
SPRINT CORP 07.2500 09/15/2021 0.14%
SPST 2018-8 A 03.1811 02/24/2020 0.14%
ANTHEM INC 0.13%
BRISTOL-MYERS SQUIBB CO 0.13%
CENTRAL JAPAN RAILWAY CO 0.13%
CK ASSET HOLDINGS LTD 0.13%
ENI SPA 0.13%
GSMS 2014-GC22 C 04.6895 06/10/2047 0.13%
HERMES INTERNATIONAL 0.13%
HIGHWOODS PROPERTIES INC 0.13%
HITACHI LTD 0.13%
IMPERIAL BRANDS PLC 0.13%
KONINKLIJKE AHOLD DELHAIZE N 0.13%
LEGAL & GENERAL GROUP PLC 0.13%
LNSTR 2015-3 B P/P 144A 03.1280 04/20/2048 0.13%
MACQUARIE GROUP LTD 0.13%
QIAGEN N.V. 0.13%
QUEST DIAGNOSTICS INC 0.13%
VIDEOTRON LTD / LTEE P/P 144A 05.1250 04/15/2027 0.13%
VOLVO AB-B SHS 0.13%
WALT DISNEY COMPANY P/P 144A 07.7500 12/01/2045 0.13%
ZOETIS INC 0.13%
ABBVIE INC 0.12%
AMDOCS LTD 0.12%
AMERICAN HOME 4 RENT 0.12%
AXALTA COATING SYSTEMS LTD 0.12%
BAUSCH HLTH COS INC P/P 144A 06.1250 04/15/2025 0.12%
CAMDEN PROPERTY TRUST 0.12%
CHINA MOBILE LTD 0.12%
COLGATE-PALMOLIVE CO 0.12%
CSMC 2016-NXSR C 04.3615 12/15/2049 0.12%
EXTRA SPACE STORAGE INC 0.12%
FISERV INC 0.12%
HOYA CORP 0.12%
IND & COMM BK OF CHINA-H 0.12%
L OREAL 0.12%
MIZUHO FINANCIAL GROUP INC 0.12%
PARTNERS GROUP HOLDING AG 0.12%
PETROBRAS GLOBAL FIN USD 05.9990 01/27/2028 0.12%
PEUGEOT SA 0.12%
SUMITOMO MITSUI FINANCIAL GR 0.12%
AMADEUS IT GROUP SA 0.11%
APPLE HOSPITALITY REIT INC 0.11%
ARGENTINE REPUBLIC USD 06.8750 01/26/2027 0.11%
ARRIS INTERNATIONAL PLC 0.11%
ASTELLAS PHARMA INC 0.11%
BWAY HOLDING CO P/P 144A 07.2500 04/15/2025 0.11%
COCA-COLA EUROPEAN PARTNERS 0.11%
EQUINOR ASA 0.11%
GOLDMAN SACHS GROUP INC 03.8500 01/26/2027 0.11%
JPMBB 2014-C22 C 04.5605 09/15/2047 0.11%
JPMBB 2014-C22 XA IO 00.8635 09/15/2047 0.11%
MICROSOFT CORP 01.5500 08/08/2021 0.11%
MORGAN STANLEY 03.6250 01/20/2027 0.11%
NBCUNIVERSAL MEDIA LLC 04.3750 04/01/2021 0.11%
NESTLE SA-REG 0.11%
NEWS CORP - CLASS A 0.11%
PROVINCIA DE CORDOBA P/P 144A 07.1250 08/01/2027 0.11%
SANDVIK AB 0.11%
SHIONOGI & CO LTD 0.11%
SK HYNIX INC 0.11%
SONY CORP 0.11%
SPST 2017-LD1 A 03.2855 11/25/2050 0.11%
STANDARD IND INC P/P 144A 05.0000 02/15/2027 0.11%
TAIWAN SEMICONDUCTOR-SP ADR 0.11%
TPAT 2018-SL1 A P/P 144A 03.0899 01/25/2046 0.11%
UNITED MEXICAN STATES USD 05.5500 01/21/2045 0.11%
VERTEX PHARMACEUTICALS INC 0.11%
ACS ACTIVIDADES 0.10%
ALLY FINANCIAL INC 08.0000 11/01/2031 0.10%
AMAZON.COM INC 03.3000 12/05/2021 0.10%
AMERICAN FINANCIAL GROUP INC 0.10%
ANGLO AMER PLC 0.10%
APARTMENT INVT & MGMT CO -A 0.10%
AVIVA PLC 0.10%
BASF SE 0.10%
CHENIERE CORP CHRIST 05.1250 06/30/2027 0.10%
CHEVRON CORP 0.10%
CISCO SYSTEMS INC 02.2000 02/28/2021 0.10%
CIT GROUP INC. 05.2500 03/07/2025 0.10%
COMM 2014-UBS6 C 04.4585 12/10/2047 0.10%
CSC HOLDINGS LLC 06.7500 11/15/2021 0.10%
ENERGY TRANSFER OPERATNG 06.6250 02/15/2028 0.10%
HANG SENG BANK LTD 0.10%
HOST HOTELS & RESORTS INC 0.10%
KEURIG DR PEPPER INC P/P 144A 04.5970 05/25/2028 0.10%
LLOYDS BANKING GROUP PLC 0.10%
MICROSOFT CORP 02.4000 08/08/2026 0.10%
NATIONAL RETAIL PROPERTIES 0.10%
ORIX CORP 0.10%
PERSIMMON PLC 0.10%
PING AN INSURANCE GROUP CO-H 0.10%
REINSURANCE GROUP OF AMERICA 0.10%
ROYAL DUTCH SHELL PLC-B SHS 0.10%
STARWOOD PROPERTY TRUST INC 0.10%
T-MOBILE USA INC 05.3750 04/15/2027 0.10%
TAISEI CORP 0.10%
TATA CONSULTANCY SVS LTD 0.10%
TELEDYNE TECHNOLOGIES INC 0.10%
ABN AMRO GROUP NV-CVA 0.09%
AENA SME SA 0.09%
AIR LEASE CORP 04.6250 10/01/2028 0.09%
AMERICAN CAMPUS COMMUNITIES 0.09%
ANHUI CONCH CEMENT CO LTD-H 0.09%
BEMIS COMPANY 0.09%
BLACK KNIGHT INC 0.09%
BRIXMOR PROPERTY GROUP INC 0.09%
CDX CDX.NA.IG.32 100.0 06/20/2024 0.09%
CENTERPOINT ENERGY INC 0.09%
CHS/COMMUNITY HEALTH SYS 06.2500 03/31/2023 0.09%
CITIGROUP INC 03.8870 01/10/2028 0.09%
CURTISS-WRIGHT CORP 0.09%
DBUBS 2011-LC3A D P/P 144A 05.3390 08/10/2044 0.09%
DEUTSCHE TELEKOM AG-REG 0.09%
ENDESA S.A. 0.09%
EQUITY COMMONWEALTH 0.09%
GILEAD SCIENCES INC 0.09%
GOLDMAN SACHS GROUP INC 02.3000 12/13/2019 0.09%
GREE ELECTRIC 144A/REGS WARRANT 08/29/2019 0.09%
INFOSYS LTD 0.09%
INTL CONSOLIDATED AIRLINE-DI 0.09%
MARUBENI CORP 0.09%
MCDONALD'S CORP 0.09%
MEDICAL PROPERTIES TRUST INC 0.09%
MITSUI AND CO LTD 0.09%
MSC 2012-C4 C P/P 144A 05.4207 03/15/2045 0.09%
NAVISTAR INTL TLB L+350 05.8900 11/06/2024 0.09%
OMEGA HEALTHCARE INVESTORS 0.09%
PARK HOTELS & RESORTS INC 0.09%
PEACHTREE FUNDING TR P/P 144A 03.9760 02/15/2025 0.09%
PUBLIC STORAGE 0.09%
RESONA HOLDINGS INC 0.09%
SPRINT COMMUNICATIONS INC. 07.0000 08/15/2020 0.09%
STORE CAPITAL CORP 0.09%
TELENOR ASA 0.09%
UNITEDHEALTH GROUP INC 03.8500 06/15/2028 0.09%
WALMART DE MEXICO SAB DE CV 0.09%
WAMU 2005-AR12 1A8 04.0163 10/25/2035 0.09%
ASHTEAD GROUP PLC 0.08%
BANCO DO BRASIL S.A. 0.08%
BRIGHT HORIZONS FAMILY SOLUT 0.08%
BT GROUP PLC 0.08%
CBS RADIO INC P/P 144A 07.2500 11/01/2024 0.08%
CF INDUSTRIES INC P/P 144A 04.5000 12/01/2026 0.08%
CHINA PETROLEUM & CHEMICAL-H 0.08%
CITIGROUP INC 02.6500 10/26/2020 0.08%
CLUBCORP HLDG INC P/P 144A 08.5000 09/15/2025 0.08%
DIGITAL REALTY TRUST LP 04.4500 07/15/2028 0.08%
ELANCO ANIMAL HEALTH P/P 144A 04.9000 08/28/2028 0.08%
ENEL SPA 0.08%
EPR PROPERTIES 0.08%
FNMA FN40 BF0171 04.0000 01/01/2057 0.08%
GOLDMAN SACHS GROUP INC 04.2230 05/01/2029 0.08%
HCL TECHNOLOGIES LTD 0.08%
HEALTHCARE TRUST OF AME-CL A 0.08%
INFOR SOFTWARE P/P 144A 07.1250 05/01/2021 0.08%
INTELSAT JACKSON HLD P/P 144A 09.7500 07/15/2025 0.08%
INTL FLAVOR & FRAGRANCES 03.4000 09/25/2020 0.08%
JBG SMITH PROPERTIES 0.08%
LEAR CORP 03.8000 09/15/2027 0.08%
LIBERTY MEDIA COR-SIRIUSXM C 0.08%
LIBERTY MUTUAL GROUP P/P 144A 07.8000 03/15/2037 0.08%
NINTENDO CO LTD 0.08%
ORACLE CORP 02.6500 07/15/2026 0.08%
PIEDMONT OFFICE REALTY TRU-A 0.08%
PTT PCL/FOREIGN 0.08%
REGENERON PHARMACEUTICALS 0.08%
SANOFI 0.08%
SCIENTIFIC GAMES INT 10.0000 12/01/2022 0.08%
SOLERA LLC / SOLERA P/P 144A 10.5000 03/01/2024 0.08%
TOYOTA MOTOR CORP 0.08%
UPM-KYMMENE OYJ 0.08%
WOLTERS KLUWER 0.08%
3I GROUP PLC 0.07%
AMERICOLD REALTY TRUST 0.07%
APPLE INC 03.8500 05/04/2043 0.07%
ASSOCIATED BRITISH FOODS PLC 0.07%
AT&T INC 04.1000 02/15/2028 0.07%
BANCO ITAU HOLDING PFD 0.07%
BANK OF SHANGHAI 144A REGS WARRANT 12/12/2019 0.07%
BECTON DICKINSON AND CO 04.6690 06/06/2047 0.07%
BLUESCOPE STEEL LTD 0.07%
BP CAPITAL MARKETS PLC USD 02.3150 02/13/2020 0.07%
BP PLC 0.07%
BRAND ENERGY TL L+425 06.9566 06/21/2024 0.07%
CARLSBERG AS-B 0.07%
CAS 2015-C01 1M2 06.7855 02/25/2025 0.07%
CGCMT 2014-GC21 AS 04.0260 05/10/2047 0.07%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.07%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.07%
COLUMBIA PROPERTY TRUST INC 0.07%
COMCAST CORP 06.5000 11/15/2035 0.07%
COMPASS MINERALS INT P/P 144A 04.8750 07/15/2024 0.07%
ECOLAB INC 04.3500 12/08/2021 0.07%
ECOPETROL SA-SPONSORED ADR 0.07%
ENCOMPASS HEALTH CORP 0.07%
EQUINIX INC 05.3750 05/15/2027 0.07%
EVRAZ PLC 0.07%
FAIRFAX FINL HLDGS USD 04.8500 04/17/2028 0.07%
FAURECIA 0.07%
FIRSTENERGY TRANSMIS P/P 144A 05.4500 07/15/2044 0.07%
GCP APPLIED TECH P/P 144A 05.5000 04/15/2026 0.07%
GUANGZHOU AUTOMOBILE GROUP-H 0.07%
HESS INFRASTRUCTURE P/P 144A 05.6250 02/15/2026 0.07%
HOLLY ENERGY PARTNE P/P 144A 06.0000 08/01/2024 0.07%
INTELSAT CONNECT FIN P/P 144A 09.5000 02/15/2023 0.07%
JAPAN AIRLINES CO LTD 0.07%
LG UPLUS CORP 0.07%
MACQUARIE GROUP LTD P/P 144A 07.6250 08/13/2019 0.07%
MICROCHIP TECH INC P/P 144A 04.3330 06/01/2023 0.07%
MITSUBISHI CORP 0.07%
MITSUBISHI UFJ FIN GRP USD 03.5350 07/26/2021 0.07%
MSRR 2015-R4 CB1 03.3155 08/26/2047 0.07%
NATL HEALTH INVESTORS INC 0.07%
NOVELIS CORP P/P 144A 05.8750 09/30/2026 0.07%
NTT DATA CORP 0.07%
PETROBRAS GLOBAL FINANCE USD 07.3750 01/17/2027 0.07%
PFIZER INC 01.7000 12/15/2019 0.07%
PTT GLOBAL CHEMICAL PCL-FOR 0.07%
RECKITT BENCKISER GROUP PLC 0.07%
SK TELECOM 0.07%
SPIRIT REALTY CAPITAL INC 0.07%
TAYLOR WIMPEY PLC 0.07%
TECH MAHINDRA LTD 0.07%
TEMPO ACQ LLC/FI P/P 144A 06.7500 06/01/2025 0.07%
TERADATA CORP 0.07%
UNITED CONTINENTAL HOLDINGS 0.07%
WEINGARTEN REALTY INVESTORS 0.07%
WELLS FARGO & COMPANY 02.6000 07/22/2020 0.07%
WELLTOWER INC 0.07%
WESTERN DIGITAL CORP 04.7500 02/15/2026 0.07%
WESTLAKE CHEM CORP 03.6000 08/15/2026 0.07%
AIR MEDICAL MERGER S P/P 144A 06.3750 05/15/2023 0.06%
ALLY FINANCIAL INC 05.7500 11/20/2025 0.06%
AMAZON.COM INC 03.1500 08/22/2027 0.06%
AMERICAN TOWER CORP 03.5500 07/15/2027 0.06%
AMGEN INC 02.6000 08/19/2026 0.06%
BANFF MERGER SUB INC P/P 144A 09.7500 09/01/2026 0.06%
BANK OF COMMUNICATIONS - H 0.06%
BMW US CAPITAL LLC P/P 144A 02.0000 04/11/2021 0.06%
BROADCOM CRP / CAYM 03.5000 01/15/2028 0.06%
BROADRIDGE FINANCIAL SOLUTIO 0.06%
CAPGEMINI SE 0.06%
CAS 2016-C02 1M2 08.4855 09/25/2028 0.06%
CATCHER TECHNOLOGY CO LTD 0.06%
CCO HLDGS LLC/CAP CO P/P 144A 05.7500 02/15/2026 0.06%
CCO HLDGS LLC/CAP CO P/P 144A 05.8750 04/01/2024 0.06%
CGCMT 2014-GC21 C 04.7800 05/10/2047 0.06%
CHARTER COMM OPT LLC 06.4840 10/23/2045 0.06%
CHENIERE CORP CHRIST 05.8750 03/31/2025 0.06%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.06%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.06%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.06%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.06%
COMM 2014-LC15 XA IO 01.2344 04/10/2047 0.06%
CONCHO RESOURCES INC 03.7500 10/01/2027 0.06%
COVESTRO AG 0.06%
CRC ESCROW ISSUER LL P/P 144A 05.2500 10/15/2025 0.06%
CVS HEALTH CORP 04.7500 12/01/2022 0.06%
DELTA AIR LINES INC 0.06%
DISH DBS CORP 05.8750 11/15/2024 0.06%
EASTERLY GOVERNMENT PROPERTI 0.06%
ECOLAB INC 02.7000 11/01/2026 0.06%
ENDEAVOR ENERGY P/P 144A 05.7500 01/30/2028 0.06%
ENTERPRISE PRODUCTS OPER 04.2500 02/15/2048 0.06%
FAIRFAX US INC P/P 144A 04.8750 08/13/2024 0.06%
FORMOSA CHEMICALS & FIBRE 0.06%
FORMOSA PLASTICS CORP 0.06%
FOUR CORNERS PROPERTY TRUST 0.06%
GATES GLOBAL LLC P/P 144A 06.0000 07/15/2022 0.06%
GENPACT LTD 0.06%
GENTEX CORP 0.06%
GLENCORE FUNDING LLC P/P 144A 04.0000 04/16/2025 0.06%
GRUPO FINANCIERO BANORTE-O 0.06%
GSMS 2014-GC22 XA IO 00.9894 06/10/2047 0.06%
HOME DEPOT INC 02.6250 06/01/2022 0.06%
HONEYWELL INTL 03.8120 11/21/2047 0.06%
HUSKY TLB L+300 05.4930 03/28/2025 0.06%
IRB BRASIL RESSEGUROS SA 0.06%
KDDI CORP 0.06%
KFC HLD/PIZZA HUT/TA P/P 144A 05.2500 06/01/2026 0.06%
LPL HOLDINGS INC P/P 144A 05.7500 09/15/2025 0.06%
NAVISTAR INTL CORP P/P 144A 06.6250 11/01/2025 0.06%
NOVARTIS CAPITAL CORP 04.0000 11/20/2045 0.06%
NOVO NORDISK A/S-B 0.06%
ONCOR ELECTRIC DELIV 03.7500 04/01/2045 0.06%
OSHKOSH CORP 05.3750 03/01/2025 0.06%
PULTEGROUP INC. 07.8750 06/15/2032 0.06%
RADIANT OPTO-ELECTRONICS COR 0.06%
RIVERS PITTSBURGH LP P/P 144A 06.1250 08/15/2021 0.06%
ROYAL BANK OF CANADA USD 02.1250 03/02/2020 0.06%
SAIL 2004-10 A10 03.3855 11/25/2034 0.06%
SALESFORCE.COM INC 03.7000 04/11/2028 0.06%
SERVICEMASTER GLOBAL HOLDING 0.06%
SOFTBANK GROUP CORP 0.06%
STEVENS HLDG CO INC P/P 144A 06.1250 10/01/2026 0.06%
SWEDBANK AB - A SHARES 0.06%
SWISS RE TREAS P/P 144A 04.2500 12/06/2042 0.06%
TARGA RESOURCES PART 05.0000 01/15/2028 0.06%
THERMO FISHER SCIENTIFIC INC 0.06%
TTM TECHNOLOGIES INC P/P 144A 05.6250 10/01/2025 0.06%
TWO HARBORS INVESTMENT CORP 0.06%
UCB SA 0.06%
UNI-PRESIDENT ENTERPRISES CO 0.06%
1011778 BC / NEW RED P/P 144A 05.0000 10/15/2025 0.05%
AES CORP/THE 05.1250 09/01/2027 0.05%
AIG GLOBAL FUNDING P/P 144A 02.1500 07/02/2020 0.05%
ALFRESA HOLDINGS CORP 0.05%
ALLERGAN PLC 0.05%
AMER TRANS SYST P/P 144A 05.0000 09/01/2044 0.05%
AMERICAN EXPRESS CO 08.1250 05/20/2019 0.05%
AMERICAN INTL GROUP 08.1750 05/15/2058 0.05%
ARCELORMITTAL 0.05%
ARKEMA 0.05%
AT&T INC 03.4000 05/15/2025 0.05%
AT&T INC 04.7500 05/15/2046 0.05%
AVAYA TLB L+425 06.7775 12/15/2024 0.05%
BANCO SANTANDER BRASIL-UNIT 0.05%
BANK OF AMERICA CORP 03.2480 10/21/2027 0.05%
BANK OF AMERICA CORP 06.1000 12/29/2049 0.05%
BANK OF NOVA SCOTIA USD 02.3500 10/21/2020 0.05%
BECTON DICKINSON AND CO 03.7000 06/06/2027 0.05%
BERRY GLOBAL INC 05.1250 07/15/2023 0.05%
BIG RVR STL/FIN P/P 144A 07.2500 09/01/2025 0.05%
BIOGEN INC 03.6250 09/15/2022 0.05%
BMC EAST LLC P/P 144A 05.5000 10/01/2024 0.05%
BOISE CASCADE CO P/P 144A 05.6250 09/01/2024 0.05%
BOMBARDIER INC P/P 144A 07.5000 12/01/2024 0.05%
CALPINE CORPORATION 05.7500 01/15/2025 0.05%
CAS 2016-C01 2M2 09.4355 08/25/2028 0.05%
CAS 2016-C04 1M2 06.7355 01/25/2029 0.05%
CBS CORP 04.2000 06/01/2029 0.05%
CEC ENT INC 08.0000 02/15/2022 0.05%
CIA SANEAMENTO BASICO DE SP 0.05%
CIGNA CORP 0.05%
CIGNA CORP P/P 144A 03.7500 07/15/2023 0.05%
CITIGROUP INC 03.6680 07/24/2028 0.05%
CITIGROUP INC 04.4500 09/29/2027 0.05%
CITIGROUP INC 04.6000 03/09/2026 0.05%
CLP HOLDINGS LTD 0.05%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.05%
CMLTI 2005-2 1A2A 04.9126 05/25/2035 0.05%
CNG HOLDINGS INC P/P 144A 09.3750 05/15/2020 0.05%
CNO FINANCIAL GROUP INC 05.2500 05/30/2025 0.05%
COMM 2014-UBS6 XA IO 00.9441 12/10/2047 0.05%
COMMONWEALTH BK AUST P/P 144A 03.1500 09/19/2027 0.05%
COMMSCOPE TECH LLC P/P 144A 06.0000 06/15/2025 0.05%
CORELOGIC INC 0.05%
COUNTRY GARDEN HOLDINGS CO 0.05%
COUSINS PROPERTIES INC 0.05%
CSAIL 2015-C1 XA IO 00.9094 04/15/2050 0.05%
DAELIM INDUSTRIAL CO LTD 0.05%
DIAMONDBACK ENERGY INC 05.3750 05/31/2025 0.05%
DIGITAL REALTY TRUST INC 0.05%
DOW CHEMICAL CO/THE 03.5000 10/01/2024 0.05%
EQT CORP 03.9000 10/01/2027 0.05%
FIAT CHRYSLER AUTOMOBILES NV 0.05%
FIRSTRAND LTD 0.05%
FRONTIER COMM 11.0000 09/15/2025 0.05%
GETTY REALTY CORP 0.05%
GOLDEN NUGGET INC P/P 144A 08.7500 10/01/2025 0.05%
HCA INC 05.2500 06/15/2026 0.05%
HENDERSON LAND DEVELOPMENT 0.05%
HINDUSTAN UNILEVER LTD 0.05%
HOWARD HUGHES CORP P/P 144A 05.3750 03/15/2025 0.05%
KINDER MORGAN INC 03.1500 01/15/2023 0.05%
MEG ENERGY CORP P/P 144A 06.5000 01/15/2025 0.05%
MEREDITH CORP 06.8750 02/01/2026 0.05%
MORGAN STANLEY 02.6500 01/27/2020 0.05%
MORGAN STANLEY 04.3750 01/22/2047 0.05%
NEIMAN MARCUS TL L+325 05.7631 10/25/2020 0.05%
NEW RESIDENTIAL INVESTMENT 0.05%
NEXSTAR BROADC P/P 144A 05.6250 08/01/2024 0.05%
NIPPON TELEGRAPH & TELEPHONE 0.05%
NTT DOCOMO INC 0.05%
OMNICOM GP/OMNICOM CAP 03.6000 04/15/2026 0.05%
OMV AG 0.05%
OSHKOSH CORP 04.6000 05/15/2028 0.05%
PEARSON PLC 0.05%
QUALCOMM INC 0.05%
RAYTHEON COMPANY 02.5000 12/15/2022 0.05%
RBS GLOBAL/REXNO P/P 144A 04.8750 12/15/2025 0.05%
RITE AID CORP P/P 144A 06.1250 04/01/2023 0.05%
SBERBANK PJSC -SPONSORED ADR 0.05%
SCENTRE GROUP 0.05%
SCIENTIFIC GAMES P/P 144A 08.2500 03/15/2026 0.05%
SHELL INTERNATIONAL FIN USD 02.8750 05/10/2026 0.05%
SIX FLAGS ENT P/P 144A 05.5000 04/15/2027 0.05%
STANDARD IND INC P/P 144A 05.3750 11/15/2024 0.05%
SUN HUNG KAI PROPERTIES 0.05%
SWEDISH MATCH AB 0.05%
TELSTRA CORP LTD 0.05%
TOTAL SYSTEM SERVICES INC 0.05%
TRANSDIGM INC P/P 144A 06.2500 03/15/2026 0.05%
TUI AG-DI 0.05%
UBSBB 2012-C3 C P/P 144A 05.0317 08/10/2049 0.05%
USI INC/NY P/P 144A 06.8750 05/01/2025 0.05%
VENTAS INC 0.05%
VISTRA OPERATIONS CO P/P 144A 05.5000 09/01/2026 0.05%
VODAFONE GROUP PLC USD 04.3750 05/30/2028 0.05%
WARNER MEDIA LLC 03.8000 02/15/2027 0.05%
WFRBS 2013-UBS1 AS 04.3060 03/15/2046 0.05%
WILLIAMS COMPANIES INC 04.3000 03/04/2024 0.05%
AIR LEASE CORP 03.6250 04/01/2027 0.04%
ALLIANCE DATA SYS CO P/P 144A 05.3750 08/01/2022 0.04%
ALLISON TRANSMISSION P/P 144A 04.7500 10/01/2027 0.04%
AMERICAN ELECTRIC POWER 04.3000 12/01/2028 0.04%
AMGEN INC 04.6630 06/15/2051 0.04%
ANALOG DEVICES INC 02.8500 03/12/2020 0.04%
ASCEND LEARNING LLC P/P 144A 06.8750 08/01/2025 0.04%
AUTONATION INC. 05.5000 02/01/2020 0.04%
BANK OF MONTREAL USD 03.1000 04/13/2021 0.04%
BAUSCH HLTH AMERICAS P/P 144A 08.5000 01/31/2027 0.04%
BAUSCH HLTH AMERICAS P/P 144A 09.2500 04/01/2026 0.04%
BAUSCH HLTH COS INC P/P 144A 09.0000 12/15/2025 0.04%
BRAND ENERGY & I P/P 144A 08.5000 07/15/2025 0.04%
BRDCOM CRP / FIN 03.8750 01/15/2027 0.04%
CANTOR FITZGERALD LP P/P 144A 06.5000 06/17/2022 0.04%
CAS 2019-R02 1M2 04.7855 08/25/2031 0.04%
CBS CORP 02.9000 01/15/2027 0.04%
CELANESE US HOLDINGS LLC 04.6250 11/15/2022 0.04%
CF INDUSTRIES INC 04.9500 06/01/2043 0.04%
CGCMT 2014-GC19 X IO 01.1645 03/10/2047 0.04%
CHARTER COMM OPT LLC 05.3750 05/01/2047 0.04%
CHINA RAILWAY GROUP LTD-H 0.04%
CHS/COMMUNITY HEALTH 06.8750 02/01/2022 0.04%
CK HUTCHISON HOLDINGS LTD 0.04%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.04%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.04%
COMM 2014-CR17 XA IO 01.0502 05/10/2047 0.04%
CVS HEALTH CORP 04.7800 03/25/2038 0.04%
DCP MIDSTREAM P/P 144A 06.7500 09/15/2037 0.04%
DUKE ENERGY CORP 03.1500 08/15/2027 0.04%
ENBRIDGE INC USD 04.2500 12/01/2026 0.04%
EPR PROPERTIES 05.7500 CUM CV PFD 0.04%
EQUINOR ASA USD 02.9000 11/08/2020 0.04%
ERAC USA FINANCE LLC P/P 144A 05.6250 03/15/2042 0.04%
ESH HOSPITALITY INC P/P 144A 05.2500 05/01/2025 0.04%
FAST RETAILING CO LTD 0.04%
FIRST DATA CORP P/P 144A 05.7500 01/15/2024 0.04%
FISERV INC 04.2000 10/01/2028 0.04%
FORD MOTOR COMPANY 04.3460 12/08/2026 0.04%
FOSUN INTERNATIONAL 0.04%
FRONTIER COMM P/P 144A 08.5000 04/01/2026 0.04%
GENERAL MOTORS FINL CO 04.0000 10/06/2026 0.04%
GENTING SINGAPORE LTD 0.04%
GFL ENVIRONMENTAL P/P 144A 07.0000 06/01/2026 0.04%
GLENCORE FUNDING LLC P/P 144A 04.6250 04/29/2024 0.04%
GNR 2013-99 AS IO 03.5623 06/20/2043 0.04%
GREAT LAKES D&D 08.0000 05/15/2022 0.04%
GSMS 2013-GC16 D P/P 144A 05.3113 11/10/2046 0.04%
GUANGZHOU R&F PROPERTIES - H 0.04%
HANA FINANCIAL GROUP 0.04%
HOSPITALITY PROP TRUST 04.3750 02/15/2030 0.04%
HUB INTL LTD P/P 144A 07.0000 05/01/2026 0.04%
HYATT HOTELS CORP 04.8500 03/15/2026 0.04%
INDIGO NATURAL P/P 144A 06.8750 02/15/2026 0.04%
INFRAREIT INC 0.04%
INGEVITY CORP P/P 144A 04.5000 02/01/2026 0.04%
JACK OHIO FIN LLC/FI P/P 144A 10.2500 11/15/2022 0.04%
JO-ANN STORES 2NDL L+925 11.7272 05/21/2024 0.04%
JPMCC 2012-C6 AS 04.1166 05/15/2045 0.04%
KINDER MORGAN ENER PART 03.4500 02/15/2023 0.04%
KKR GROUP FINANCE CO P/P 144A 06.3750 09/29/2020 0.04%
L3 TECHNOLOGIES INC 03.8500 12/15/2026 0.04%
LEVEL 3 FINANCING INC 05.6250 02/01/2023 0.04%
LIONS GATE CAP HOLD P/P 144A 05.8750 11/01/2024 0.04%
MACQUARIE BANK LTD P/P 144A 02.8500 07/29/2020 0.04%
MATCH GROUP INC P/P 144A 05.0000 12/15/2027 0.04%
MFA FINANCIAL INC 0.04%
MR PRICE GROUP LTD 0.04%
MSBAM 2012-C5 AS 03.7920 08/15/2045 0.04%
MSBAM 2014-C17 C 04.4570 08/15/2047 0.04%
MSBAM 2014-C18 C 04.4893 10/15/2047 0.04%
NABORS INDUSTRIES INC. 05.7500 02/01/2025 0.04%
NEXT PLC 0.04%
NIELSEN FIN LLC/CO P/P 144A 05.0000 04/15/2022 0.04%
NORTHROP GRUMMAN CORP 03.2500 01/15/2028 0.04%
NRG ENERGY INC 06.6250 01/15/2027 0.04%
OASIS PETROLEUM INC 06.8750 03/15/2022 0.04%
OCCIDENTAL PETROLEUM COR 04.4000 04/15/2046 0.04%
OMEGA HLTHCARE INVES 04.5000 04/01/2027 0.04%
ORTHO-CLINICAL INC/S P/P 144A 06.6250 05/15/2022 0.04%
PEPSICO INC 0.04%
PLANTRONICS INC P/P 144A 05.5000 05/31/2023 0.04%
PRECISION DRILL P/P 144A 07.1250 01/15/2026 0.04%
PRESIDENT CHAIN STORE CORP 0.04%
REALTY INCOME CORP 0.04%
REFINITIV US HLDG P/P 144A 06.2500 05/15/2026 0.04%
SAMI 2007-AR7 1A1 03.3355 05/25/2047 0.04%
SMURFIT KAPPA TREASURY USD 07.5000 11/20/2025 0.04%
SOUTH32 LTD 0.04%
SPRINT CAPITAL CORPORATION 06.8750 11/15/2028 0.04%
STARWOOD PROP TR 04.7500 03/15/2025 0.04%
STERIGENICS-NORDION P/P 144A 06.5000 05/15/2023 0.04%
STOCKLAND 0.04%
SUMITOMO CHEMICAL CO LTD 0.04%
T-MOBILE USA INC 04.7500 02/01/2028 0.04%
THE WILLIAMS COMPANIES INC. 08.7500 03/15/2032 0.04%
TOPBUILD CORP P/P 144A 05.6250 05/01/2026 0.04%
TORONTO-DOMINION BANK USD 03.6250 09/15/2031 0.04%
TRANSCANADA TRUST USD 05.3000 03/15/2077 0.04%
TRAVELPORT CORP FIN P/P 144A 06.0000 03/15/2026 0.04%
UBSBB 2012-C2 D P/P 144A 04.8925 05/10/2063 0.04%
UNITEDHEALTH GROUP INC 04.7000 02/15/2021 0.04%
USG CORP P/P 144A 04.8750 06/01/2027 0.04%
VERIZON COMM 04.3290 09/21/2028 0.04%
WANT WANT CHINA HOLDINGS LTD 0.04%
WASHINGTON REIT 0.04%
WATCO COS LLC/FI P/P 144A 06.3750 04/01/2023 0.04%
WEICHAI POWER CO LTD-H 0.04%
WELLS FARGO & COMPANY 05.8750 12/29/2049 0.04%
WERNER FINCO LP/INC P/P 144A 08.7500 07/15/2025 0.04%
WESTLAKE CHEMICAL CORP 04.3750 11/15/2047 0.04%
WESTPAC BANKING CORP USD 02.0000 08/19/2021 0.04%
WEWORK COS INC P/P 144A 07.8750 05/01/2025 0.04%
WFCM 2013-LC12 C 04.2867 07/15/2046 0.04%
WFRBS 2011-C3 D P/P 144A 05.6839 03/15/2044 0.04%
WFRBS 2012-C10 XA IO P/P 144A 01.5622 12/15/2045 0.04%
WYNN LAS VEGAS P/P 144A 05.2500 05/15/2027 0.04%
YANGZIJIANG SHIPBUILDING 0.04%
YUANTA FINANCIAL HOLDING CO 0.04%
ALBERTSONS COS LLC P/P 144A 07.5000 03/15/2026 0.03%
ALLEGHENY TECHNOLOGIES 07.8750 08/15/2023 0.03%
ALPHABET INC 01.9980 08/15/2026 0.03%
AMC ENTERTAINMENT HLDGS 05.7500 06/15/2025 0.03%
APERGY CORP 06.3750 05/01/2026 0.03%
APPLE INC 02.8500 05/06/2021 0.03%
APPLE INC 04.3750 05/13/2045 0.03%
ARC PROP OPER PART L 04.6000 02/06/2024 0.03%
ARCELORMITTAL USD 07.0000 10/15/2039 0.03%
ASCENT RESOURCES/AEU P/P 144A 10.0000 04/01/2022 0.03%
AU OPTRONICS CORP 0.03%
AUTOMATION TOOLING S P/P 144A 06.5000 06/15/2023 0.03%
AVAYA HOLDINGS CORP 0.03%
AVERY DENNISON CORP 0.03%
BANCO SANTANDER MEXICO SA IN 0.03%
BANCO SANTANDER-CHILE-ADR 0.03%
BANDAI NAMCO HOLDINGS INC 0.03%
BANK LEUMI LE-ISRAEL 0.03%
BEACON ROOFING SUPPL 06.3750 10/01/2023 0.03%
BERKSHIRE HATHAWAY E 03.8000 07/15/2048 0.03%
BMW US CAPITAL LLC P/P 144A 02.8000 04/11/2026 0.03%
BOSTON PROPERTIES INC 0.03%
BOYD GAMING CORP 06.3750 04/01/2026 0.03%
BP CAPITAL MARKETS PLC USD 01.7680 09/19/2019 0.03%
BRIGGS & STRATTON CORPORATION 06.8750 12/15/2020 0.03%
BUILDERS FIRSTSOURCE P/P 144A 05.6250 09/01/2024 0.03%
CALIFORNIA RESOURC TL L+475 07.0365 12/31/2022 0.03%
CAPITEC BANK HOLDINGS LTD 0.03%
CARRIAGE SVCS INC P/P 144A 06.6250 06/01/2026 0.03%
CAS 2014-C02 1M2 05.0855 05/25/2024 0.03%
CBRE SERVICES INC 04.8750 03/01/2026 0.03%
CBRE SERVICES INC 05.2500 03/15/2025 0.03%
CCO HLDGS LLC/CAP C P/P 144A 05.5000 05/01/2026 0.03%
CD 2016-CD1 XA IO 01.4221 08/10/2049 0.03%
CENOVUS ENERGY INC USD 06.7500 11/15/2039 0.03%
CENTENE CORP 06.1250 02/15/2024 0.03%
CGCMT 2012-GC8 XA IO P/P 144A 01.7886 09/10/2045 0.03%
CHARTER COMM OPT LLC 04.9080 07/23/2025 0.03%
CHEMOURS CO 07.0000 05/15/2025 0.03%
CHESAPEAKE ENERGY CORPORATION 08.0000 01/15/2025 0.03%
CHINA RAILWAY CONSTRUCTION-H 0.03%
CIMIC GROUP LTD 0.03%
CINEMARK USA INC 04.8750 06/01/2023 0.03%
CISCO SYSTEMS INC 02.5000 09/20/2026 0.03%
CIT GROUP INC 05.0000 08/01/2023 0.03%
CITY OFFICE REIT INC 0.03%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.03%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.03%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.03%
COLRUYT SA 0.03%
COMCAST CORP 03.3750 02/15/2025 0.03%
COMCAST CORP 03.9690 11/01/2047 0.03%
COMM 2012-LC4 C 05.5393 12/10/2044 0.03%
COMM 2014-CR17 C 04.7622 05/10/2047 0.03%
COOPERATIEVE RABOBANK UA USD 05.2500 05/24/2041 0.03%
COVEY PARK ENERGY LL P/P 144A 07.5000 05/15/2025 0.03%
CPG MERGER SUB LLC P/P 144A 08.0000 10/01/2021 0.03%
CROWN CASTLE INTL CORP 03.6500 09/01/2027 0.03%
CROWN CASTLE INTL CORP 03.7000 06/15/2026 0.03%
CROWN RESORTS LTD 0.03%
CVS HEALTH CORP 05.0500 03/25/2048 0.03%
DEUTSCHE BOERSE AG 0.03%
DEUTSCHE POST AG-REG 0.03%
DONGFENG MOTOR GRP CO LTD-H 0.03%
DUKE ENERGY OHIO INC 03.6500 02/01/2029 0.03%
EAGLECLAW MID TL L+425 06.8789 06/30/2024 0.03%
EOG RESOURCES INC 02.6250 03/15/2023 0.03%
ERAC USA FINANCE LLC P/P 144A 04.5000 02/15/2045 0.03%
ESSEX PROPERTY TRUST INC 0.03%
FOX CORP P/P 144A 04.0300 01/25/2024 0.03%
FREEDOM MTGE CORP P/P 144A 08.1250 11/15/2024 0.03%
FREEPORT-MCMORAN INC 06.8750 02/15/2023 0.03%
FUJITSU LTD 0.03%
GAIL INDIA LTD 0.03%
GALAXY ENT GRP L 0.03%
GEELY AUTOMOBILE HOLDINGS LT 0.03%
GENERAL DYNAMICS CORP 0.03%
GLADSTONE COMMERCIAL CORP 0.03%
GLP CAPITAL LP / FIN II 05.2500 06/01/2025 0.03%
GNR 2015-H26 DI IO 01.8910 10/20/2065 0.03%
GNR 2016-123 LI IO 03.5000 03/20/2044 0.03%
GNR 2017-162 QI IO 05.0000 10/11/2047 0.03%
GNR 2017-H22 EI IO 02.3200 10/20/2067 0.03%
GOEASY LTD P/P 144A 07.8750 11/01/2022 0.03%
GOLDEN NUGGET INC P/P 144A 06.7500 10/15/2024 0.03%
GRAY TELEVISION INC P/P 144A 05.8750 07/15/2026 0.03%
GRAY TELEVISION INC P/P 144A 07.0000 05/15/2027 0.03%
GREIF INC P/P 144A 06.5000 03/01/2027 0.03%
GRUPO AEROPORTUARIO DEL CENT 0.03%
GUANGZHOU BAIYUNSHAN PHARM-H 0.03%
HANESBRANDS INC P/P 144A 04.6250 05/15/2024 0.03%
HCA INC 05.0000 03/15/2024 0.03%
HOCHTIEF AG 0.03%
HUDBAY MINERALS INC P/P 144A 07.6250 01/15/2025 0.03%
HUNTINGTON BANCSHARES 04.3500 02/04/2023 0.03%
HYPERA SA 0.03%
ICAHN ENTER/FIN 06.7500 02/01/2024 0.03%
ICAHN ENTERPRISES/FI 06.2500 02/01/2022 0.03%
IHS MARKIT LTD USD 04.7500 08/01/2028 0.03%
INDUSTRIA DE DISENO TEXTIL 0.03%
INDUSTRIAL BANK OF KOREA 0.03%
INTL FLAVOR & FRAGRANCES 04.4500 09/26/2028 0.03%
IRON MOUNTAIN INC P/P 144A 04.8750 09/15/2027 0.03%
ITRON INC P/P 144A 05.0000 01/15/2026 0.03%
JACK OHIO FIN LLC/FI P/P 144A 06.7500 11/15/2021 0.03%
JAGUAR HL / PPDI P/P 144A 06.3750 08/01/2023 0.03%
JAZZ PHARMACEUTICALS PLC 0.03%
JELD-WEN INC P/P 144A 04.6250 12/15/2025 0.03%
JOHNSON CONTROLS INTL PL 04.9500 07/02/2064 0.03%
JPMORGAN CHASE & CO 05.3000 12/29/2049 0.03%
KAJIMA CORP 0.03%
KERING 0.03%
KINETIC CONCEPT/KCI P/P 144A 12.5000 11/01/2021 0.03%
KONINKLIJKE PHILIPS NV 0.03%
KOREA INVESTMENT HOLDINGS CO 0.03%
KUMBA IRON ORE LTD 0.03%
LIVE NATION ENTERTAI P/P 144A 05.6250 03/15/2026 0.03%
LONDON STOCK EXCHANGE GROUP 0.03%
MATTAMY GROUP CORP P/P 144A 06.8750 12/15/2023 0.03%
MEDIPAL HOLDINGS CORP 0.03%
MERCER INTL INC USD 06.5000 02/01/2024 0.03%
MERCK & CO INC 03.7000 02/10/2045 0.03%
MIRVAC GROUP 0.03%
MSBAM 2014-C17 XA IO 01.1892 08/15/2047 0.03%
MWST 2018-W1 A 03.3355 11/25/2051 0.03%
NATIONSTAR MTG P/P 144A 08.1250 07/15/2023 0.03%
NBCUNIVERSAL MEDIA LLC 05.1500 04/30/2020 0.03%
NCI BUILDING SYS INC P/P 144A 08.0000 04/15/2026 0.03%
NETFLIX INC 04.8750 04/15/2028 0.03%
NEUBERGER BERMAN GRP P/P 144A 04.8750 04/15/2045 0.03%
NEXTERA ENERGY CAPITAL 04.8000 12/01/2077 0.03%
NUTRIEN LTD USD 04.2000 04/01/2029 0.03%
PANTHER BF AGGRE 2 P/P 144A 08.5000 05/15/2027 0.03%
PAR PHARMA INC P/P 144A 07.5000 04/01/2027 0.03%
PENSKE AUTO GRP INC 05.7500 10/01/2022 0.03%
PENSKE AUTOMOTIVE GROUP 05.5000 05/15/2026 0.03%
PFIZER INC 03.0000 12/15/2026 0.03%
POMEGRANATE MERGER S P/P 144A 09.7500 05/01/2023 0.03%
PQ CORP P/P 144A 05.7500 12/15/2025 0.03%
PROSIEBENSAT.1 MEDIA SE 0.03%
PROVIDENT FDG/PFG FI P/P 144A 06.3750 06/15/2025 0.03%
QORVO INC P/P 144A 05.5000 07/15/2026 0.03%
QUALICORP CONS E CORR SEG SA 0.03%
RANDSTAD NV 0.03%
REGIONS FINANCIAL CORP 02.7500 08/14/2022 0.03%
REPUBLIC SERVICES INC 03.9500 05/15/2028 0.03%
ROBERTSHAW US HOLDING L+350 06.0000 02/28/2025 0.03%
ROYAL BANK OF CANADA USD 04.6500 01/27/2026 0.03%
S&P GLOBAL INC 04.4000 02/15/2026 0.03%
SABINE PASS LIQUEF 05.0000 03/15/2027 0.03%
SABRE GLBL INC P/P 144A 05.3750 04/15/2023 0.03%
SAINSBURY (J) PLC 0.03%
SARTORIUS STEDIM BIOTECH 0.03%
SCHRODERS PLC 0.03%
SERVICE CORP INTL 04.6250 12/15/2027 0.03%
SESI LLC 07.7500 09/15/2024 0.03%
SG HOLDINGS CO LTD 0.03%
SHINHAN FINANCIAL GROUP LTD 0.03%
SHIRE ACQ INV IE 03.2000 09/23/2026 0.03%
SINOTRUK HONG KONG LTD 0.03%
SIRIUS XM RADIO INC P/P 144A 06.0000 07/15/2024 0.03%
SIX FLAGS ENT P/P 144A 04.8750 07/31/2024 0.03%
SMILES FIDELIDADE SA 0.03%
SPECTRA ENERGY PARTNERS 03.3750 10/15/2026 0.03%
SPECTRUM BRANDS INC 05.7500 07/15/2025 0.03%
SPECTRUM BRANDS INC 06.1250 12/15/2024 0.03%
SPRINGLEAF FINANCE CORP 06.8750 03/15/2025 0.03%
SS&C TECH INC P/P 144A 05.5000 09/30/2027 0.03%
STEEL DYNAMICS INC 05.0000 12/15/2026 0.03%
STEEL DYNAMICS INC 05.5000 10/01/2024 0.03%
STRAUMANN HOLDING AG-REG 0.03%
SUGAR HSP GAMING P/P 144A 05.8750 05/15/2025 0.03%
SUMITOMO MITSUI TRUST HOLDIN 0.03%
SWISSCOM AG-REG 0.03%
T-MOBILE USA INC 06.3750 03/01/2025 0.03%
TALLGRASS NRG PRTNR P/P 144A 05.5000 01/15/2028 0.03%
TENAGA NASIONAL BHD 0.03%
TENET HEALTHCARE CORP 08.1250 04/01/2022 0.03%
TMS INTL CORP P/P 144A 07.2500 08/15/2025 0.03%
TRANSDIGM INC 06.3750 06/15/2026 0.03%
UNIVISION COMM P/P 144A 05.1250 02/15/2025 0.03%
US CONCRETE INC 06.3750 06/01/2024 0.03%
VISTRA ENERGY CORP 07.6250 11/01/2024 0.03%
VISTRA ENERGY CORP P/P 144A 08.1250 01/30/2026 0.03%
VOLKSWAGEN AG PFD 0.03%
WAMU 2005-AR19 A1B3 02.8355 12/25/2045 0.03%
WATERS CORP 0.03%
WBCMT 2005-C21 D 05.2380 10/15/2044 0.03%
WEEKLEY HOMES LLC 06.0000 02/01/2023 0.03%
WESTROCK MWV LLC 08.2000 01/15/2030 0.03%
WFRBS 2011-C5 XA IO P/P 144A 01.7338 11/15/2044 0.03%
WFRBS 2013-C16 AS 04.6680 09/15/2046 0.03%
WHITING PETROLEUM CORP 06.6250 01/15/2026 0.03%
WIPRO LTD 0.03%
WPX ENERGY INC 08.2500 08/01/2023 0.03%
WR GRACE & CO-CONN P/P 144A 05.6250 10/01/2024 0.03%
WYNDHAM HOTELS & RE P/P 144A 05.3750 04/15/2026 0.03%
ZOETIS INC 03.9000 08/20/2028 0.03%
1011778 BC / NEW RED P/P 144A 04.6250 01/15/2022 0.02%
ABBVIE INC 03.6000 05/14/2025 0.02%
ABC SUPPLY CO INC P/P 144A 05.7500 12/15/2023 0.02%
ABC-MART INC 0.02%
AES CORP/THE 04.5000 03/15/2023 0.02%
AIRASIA GROUP BHD 0.02%
ALIMENTATION COUCHE-TARD 3.550000 07/26/2027 0.02%
ALLIANT HOLD / CO-IS P/P 144A 08.2500 08/01/2023 0.02%
AMERICAN TOWER CORP 03.1250 01/15/2027 0.02%
ANHEUSER-BUSCH CO/IN P/P 144A 03.6500 02/01/2026 0.02%
ANTERO RESOURCES 05.3750 11/01/2021 0.02%
ANTERO RESOURCES COR 05.6250 06/01/2023 0.02%
APPLE INC 02.0000 05/06/2020 0.02%
APPLE INC 04.2500 02/09/2047 0.02%
ARISTOCRAT LEISURE LTD 0.02%
ASCENT RESOURCES/AR P/P 144A 07.0000 11/01/2026 0.02%
ASP AMC MERGER SUB P/P 144A 08.0000 05/15/2025 0.02%
AT&T INC 04.3500 03/01/2029 0.02%
BANK OF AMERICA CORP 06.5000 10/29/2049 0.02%
BANK OF CHINA LTD-H 0.02%
BEACON ROOFING SUPP P/P 144A 04.8750 11/01/2025 0.02%
BERKELEY GROUP HOLDINGS/THE 0.02%
BOLIDEN AB 0.02%
BOMBARDIER INC P/P 144A 07.8750 04/15/2027 0.02%
BOMBARDIER INC P/P 144A 08.7500 12/01/2021 0.02%
BOYD GAMING CORPORATION 06.0000 08/15/2026 0.02%
BROTHER INDUSTRIES LTD 0.02%
CALIFORNIA RESOURCES 05.0000 01/15/2020 0.02%
CALPINE CORP P/P 144A 05.2500 06/01/2026 0.02%
CANTOR FITZGERALD LP P/P 144A 07.8750 10/15/2019 0.02%
CAS 2014-C04 1M2 07.3855 11/25/2024 0.02%
CAS 2015-C03 2M2 07.4855 07/25/2025 0.02%
CBS CORP 04.6000 01/15/2045 0.02%
CBS OUT AMER CAP LLC 05.8750 03/15/2025 0.02%
CCO HLDGS LLC/CAP CO P/P 144A 05.1250 05/01/2023 0.02%
CENTENE ESCROW I CO P/P 144A 05.3750 06/01/2026 0.02%
CHEMOURS CO 05.3750 05/15/2027 0.02%
CHESAPEAKE ENERGY CORP 08.0000 06/15/2027 0.02%
CHEVRON CORP 01.5610 05/16/2019 0.02%
CHINA ORIENTAL GROUP CO LTD 0.02%
CHINA RESOURCES SANJIU MEDICAL & PHARMA 144A REGS 01/29/2020 0.02%
CHS/COMMUNITY HEALT P/P 144A 08.1250 06/30/2024 0.02%
CHS/COMMUNITY HEALTH P/P 144A 08.0000 03/15/2026 0.02%
CIA CERVECERIAS UNI-SPON ADR 0.02%
CLEAR CHANNEL WORLD P/P 144A 09.2500 02/15/2024 0.02%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.02%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.02%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.02%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.02%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CS 0.02%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CS 0.02%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.02%
COMM 2013-CR11 XA IO 00.9530 08/10/2050 0.02%
COX COMM INC P/P 144A 03.5000 08/15/2027 0.02%
CREDIT ACCEPTANC P/P 144A 06.6250 03/15/2026 0.02%
CROWN AMER/CAP 04.7500 02/01/2026 0.02%
CROWN CASTLE INTL CORP 03.8000 02/15/2028 0.02%
CROWN CORK & SEAL CO INC 07.3750 12/15/2026 0.02%
CWALT 2007-OH1 A1D 02.6955 04/25/2047 0.02%
DENBURY RESOURCES IN P/P 144A 09.0000 05/15/2021 0.02%
DEUTSCHE TELEKOM INT FIN USD 08.7500 06/15/2030 0.02%
DIAMONDBACK ENERGY INC 04.7500 11/01/2024 0.02%
DIGITAL DELTA HLDG 03.4000 10/01/2020 0.02%
DISH NETWORK CV 03.3750 08/15/2026 0.02%
EL PASO NATURAL GAS 08.3750 06/15/2032 0.02%
EMPIRE STATE REALTY TRUST-A 0.02%
ENDEAVOR ENERGY P/P 144A 05.5000 01/30/2026 0.02%
ENEL AMERICAS SA-ADR 0.02%
ENERGY TRANSFER OPERATNG 05.2000 02/01/2022 0.02%
ENERGY TRANSFER OPERATNG 05.5000 06/01/2027 0.02%
EUR/USD 06/19/2019 BANKAM 0.02%
EVONIK INDUSTRIES AG 0.02%
FHR 3829 AS IO 04.4663 03/15/2041 0.02%
FIFTH THIRD BANCORP 05.1000 12/29/2049 0.02%
FREEPORT-MCMORAN INC 05.4500 03/15/2043 0.02%
GARTNER INC P/P 144A 05.1250 04/01/2025 0.02%
GENTING BHD 0.02%
GLENCORE PLC 0.02%
GOOGLE INC 03.3750 02/25/2024 0.02%
GSAA 2007-6 1A1 02.6055 05/25/2047 0.02%
HAIER ELECTRONICS GROUP CO 0.02%
HCA INC 05.5000 06/15/2047 0.02%
HIKARI TSUSHIN INC 0.02%
HKT TRUST AND HKT LTD-SS 0.02%
HM SAMPOERNA TBK PT 0.02%
HOLOGIC INC P/P 144A 04.3750 10/15/2025 0.02%
HSBC HOLDINGS PLC 0.02%
INTER RAO UES PJSC 0.02%
INTERNATIONAL PAPER CO 03.0000 02/15/2027 0.02%
IOS.FN30.350.14 R USL1M P 01/12/45 CS 0.02%
IPALCO ENTPRS IN 03.7000 09/01/2024 0.02%
ISTAR INC 06.0000 04/01/2022 0.02%
JACOBS ENT INC P/P 144A 07.8750 02/01/2024 0.02%
JAGGED PEAK ENERGY 05.8750 05/01/2026 0.02%
JELD-WEN INC P/P 144A 04.8750 12/15/2027 0.02%
JO-ANN STORES TL L+500 07.7610 10/16/2023 0.02%
JOHNSON CONTROLS INTL PL 04.5000 02/15/2047 0.02%
JPY/USD 05/15/2019 GSFX 0.02%
KANGMEI PHARMACEUTICAL CO 144A REGS 12/12/2019 0.02%
KBC GROUP NV 0.02%
KEURIG DR PEPPER INC P/P 144A 04.4170 05/25/2025 0.02%
KFC HLD/PIZZA HUT/TA P/P 144A 04.7500 06/01/2027 0.02%
KINDER MORGAN ENER PART 05.4000 09/01/2044 0.02%
KKR GROUP FIN CO III P/P 144A 05.1250 06/01/2044 0.02%
KRATON POLYMERS LLC/ P/P 144A 07.0000 04/15/2025 0.02%
L3 TECHNOLOGIES INC 04.4000 06/15/2028 0.02%
LG CORP 0.02%
LOTTE CHEMICAL CORP 0.02%
LOUISIANA-PACIFIC CORPORATION 04.8750 09/15/2024 0.02%
MALLINCKRODT FIN/SB P/P 144A 05.5000 04/15/2025 0.02%
MERCER INTL INC USD 05.5000 01/15/2026 0.02%
MGP ESCROW ISSUER/CO 05.6250 05/01/2024 0.02%
MID-AMERICA APARTMENTS 04.3000 10/15/2023 0.02%
MIDAMERICAN FUNDING LLC 06.9270 03/01/2029 0.02%
MITSUBISHI CHEMICAL HOLDINGS 0.02%
MITSUBISHI GAS CHEMICAL CO 0.02%
MITSUBISHI UFJ LEASE & FINAN 0.02%
MLMI 2005-A2 A2 04.4466 02/25/2035 0.02%
MOLINA HEALTHCARE IN 05.3750 11/15/2022 0.02%
MOLINA HEALTHCARE IN P/P 144A 04.8750 06/15/2025 0.02%
MONCLER SPA 0.02%
MOWI ASA 0.02%
MSBAM 2013-C12 XA IO 00.6158 10/15/2046 0.02%
NASPERS LTD-N SHS 0.02%
NATIONSTAR MORT/ 06.5000 07/01/2021 0.02%
NETFLIX INC P/P 144A 06.3750 05/15/2029 0.02%
NIELSEN CO LUXEM P/P 144A 05.0000 02/01/2025 0.02%
NINE ENERGY SERVICE P/P 144A 08.7500 11/01/2023 0.02%
NOBLE HLDG INTL LTD P/P 144A 07.8750 02/01/2026 0.02%
NUTRIEN LTD USD 04.1250 03/15/2035 0.02%
OASIS PETROLEUM INC P/P 144A 06.2500 05/01/2026 0.02%
PARK-OHIO INDUSTRIES INC 06.6250 04/15/2027 0.02%
PENN NATIONAL GAMING P/P 144A 05.6250 01/15/2027 0.02%
PETROBRAS GLOBAL FINANCE USD 06.1250 01/17/2022 0.02%
PETROLEOS DE VEN P/P 144A 06.0000 11/15/2026 0.02%
PINNACLE WEST CAPITAL 0.02%
POLA ORBIS HOLDINGS INC 0.02%
RANGE RESOURCES CORP 05.7500 06/01/2021 0.02%
REGENCY ENERGY P 04.5000 11/01/2023 0.02%
REPUBLIC OF VENEZUELA REGS 08.2500 10/13/2024 0.02%
RESIDEO FUNDING INC P/P 144A 06.1250 11/01/2026 0.02%
REVLON CONS TLB L+350 06.1275 09/07/2023 0.02%
ROBERTSHAW TL 2L L+800 10.5000 02/28/2026 0.02%
ROSE ROCK MIDSTREAM/ 05.6250 07/15/2022 0.02%
RTL GROUP 0.02%
RWE AG 0.02%
S&P GLOBAL INC 02.9500 01/22/2027 0.02%
SABINE PASS LIQUEFACTION 04.2000 03/15/2028 0.02%
SASC 2006-AM1 A4 02.6455 04/25/2036 0.02%
SERVICE CORP INTL 05.3750 05/15/2024 0.02%
SHERWIN-WILLIAMS CO 03.4500 06/01/2027 0.02%
SHIMIZU CORP 0.02%
SHIRE ACQ INV IRELAND DA USD 02.8750 09/23/2023 0.02%
SIEMENS HEALTH 0.02%
SINOPEC SHANGHAI PETROCHEM-H 0.02%
SM ENERGY CO 05.0000 01/15/2024 0.02%
SM ENERGY CO 06.1250 11/15/2022 0.02%
STAR MERGER SUB INC P/P 144A 06.8750 08/15/2026 0.02%
SURGUTNEFTEGAS-PREFERENCE 0.02%
SUZUKI MOTOR CORP 0.02%
TELKOM SA SOC LTD 0.02%
TENET HEALTHCARE 04.6250 07/15/2024 0.02%
TENET HEALTHCARE P/P 144A 06.2500 02/01/2027 0.02%
THAI OIL PCL-FOREIGN 0.02%
TRANSOCEAN PONTUS LT P/P 144A 06.1250 08/01/2025 0.02%
TRI POINTE GROUP / HOMES 05.8750 06/15/2024 0.02%
TRIPOD TECHNOLOGY CORP 0.02%
UNILEVER PLC 0.02%
UNITED AIR 2014-2 A PTT 03.7500 09/03/2026 0.02%
USA COMPRESSION PART 06.8750 04/01/2026 0.02%
USG CORP P/P 144A 05.5000 03/01/2025 0.02%
VERIZON COMMUNICATIONS 04.4000 11/01/2034 0.02%
VERMILION ENERGY INC P/P 144A 05.6250 03/15/2025 0.02%
VISTRA OPERATIONS CO P/P 144A 05.6250 02/15/2027 0.02%
WALGREENS BOOTS ALLIANCE 03.3000 11/18/2021 0.02%
WAMU 2005-AR10 1A3 04.1168 09/25/2035 0.02%
WARNER MEDIA LLC 02.9500 07/15/2026 0.02%
WASTE MANAGEMENT INC. 04.7500 06/30/2020 0.02%
WELLCARE HEALTH PLANS 05.2500 04/01/2025 0.02%
WESFARMERS LTD 0.02%
WESTROCK MWV LLC 07.9500 02/15/2031 0.02%
WFRBS 2012-C6 D P/P 144A 05.5832 04/15/2045 0.02%
WOLVERINE WORLD WIDE P/P 144A 05.0000 09/01/2026 0.02%
ZHONGSHENG GROUP HOLDINGS 0.02%
ABC SUPPLY CO INC P/P 144A 05.8750 05/15/2026 0.01%
AEGON NV 0.01%
ALEXANDER S INC 0.01%
ALEXANDRIA REAL ESTATE EQUIT 0.01%
ALLERGAN FUNDING SCS USD 03.4500 03/15/2022 0.01%
ALLERGAN FUNDING SCS USD 03.8000 03/15/2025 0.01%
ALTA MESA HLDGS 07.8750 12/15/2024 0.01%
AMC ENT HOLDIN 05.8750 11/15/2026 0.01%
ARCELORMITTAL USD 06.1250 06/01/2025 0.01%
ASTRAL FOODS LTD 0.01%
BANCO DE CHILE-ADR 0.01%
BANK OF AMERICA CORP 02.1510 11/09/2020 0.01%
BANK OF MONTREAL USD 03.8030 12/15/2032 0.01%
BAUSCH HLTH COS INC P/P 144A 05.5000 11/01/2025 0.01%
BAUSCH HLTH COS INC P/P 144A 05.7500 08/15/2027 0.01%
BERKSHIRE HATHAWAY ENERG 06.1250 04/01/2036 0.01%
BGC PARTNERS INC 05.1250 05/27/2021 0.01%
BMW US CAPITAL LLC P/P 144A 03.4000 08/13/2021 0.01%
BWAY HOLDING CO P/P 144A 05.5000 04/15/2024 0.01%
CALIFORNIA RESOURCES P/P 144A 08.0000 12/15/2022 0.01%
CALPINE CORP P/P 144A 05.8750 01/15/2024 0.01%
CAS 2015-C02 1M2 06.4855 05/25/2025 0.01%
CAS 2016-C06 1M2 06.7355 04/25/2029 0.01%
CBS CORP 04.0000 01/15/2026 0.01%
CENTENE CORP 04.7500 05/15/2022 0.01%
CHESAPEAKE ENERGY CORP 05.7500 03/15/2023 0.01%
CHINA CONSTRUCTION BANK-H 0.01%
CHINA SHINEWAY PHARMACEUTICA 0.01%
CLEVELAND-CLIFFS INC 05.7500 03/01/2025 0.01%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.01%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.01%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.01%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.01%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.01%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CS 0.01%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 CG 0.01%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 MS 0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CG 0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CS 0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.01%
COCA-COLA AMATIL LTD 0.01%
COLES GROUP LTD 0.01%
COMMSCOPE FIN LLC P/P 144A 05.5000 03/01/2024 0.01%
COMMSCOPE FIN LLC P/P 144A 06.0000 03/01/2026 0.01%
CONSOLIDATED EDISON INC 02.0000 03/15/2020 0.01%
CPG INTL TL L+375 06.6330 05/05/2024 0.01%
CREDIT ACCEPTANC 07.3750 03/15/2023 0.01%
DAIWA SECURITIES GROUP INC 0.01%
DCP MIDSTREAM OPERATING 05.3750 07/15/2025 0.01%
DELTA ELECTRONICS THAI-FORGN 0.01%
DENBURY RESOURCES P/P 144A 07.5000 02/15/2024 0.01%
DEUTSCHE LUFTHANSA-REG 0.01%
DIAGEO INVESTMENT CORP 08.0000 09/15/2022 0.01%
DIAMOND 1 FIN/DIAMON P/P 144A 08.3500 07/15/2046 0.01%
DNB NOR ASA 0.01%
EL PUERTO DE LIVERPOOL-C1 0.01%
ELDORADO RESORTS INC 07.0000 08/01/2023 0.01%
ENERGIZER HLDG INC P/P 144A 06.3750 07/15/2026 0.01%
ENERGY TRANSFER OPERATNG 06.1250 12/15/2045 0.01%
ENRGY TRANS PT/REG FIN 05.8750 03/01/2022 0.01%
EUR/USD 06/19/2019 BCAP-FX 0.01%
EUR/USD 06/19/2019 CITI 0.01%
EUR/USD 06/19/2019 GSFX 0.01%
EUR/USD 06/19/2019 HSBCB 0.01%
EUR/USD 06/19/2019 RBSF 0.01%
EUTELSAT COMMUNICATIONS 0.01%
FIDELITY NATIONAL INFORM 03.0000 08/15/2026 0.01%
FIDELITY NATIONAL INFORM 04.2500 05/15/2028 0.01%
FORD OTOMOTIV 0.01%
FRAC TECH INTL TLB L+475 07.2430 04/16/2021 0.01%
FREEDOM MTGE CORP P/P 144A 08.2500 04/15/2025 0.01%
GBP/USD CALL 1.37 20190726 BANKAM 0.01%
GENERAL MOTORS FINL CO 04.0000 01/15/2025 0.01%
GENERAL MOTORS FINL CO 04.3000 07/13/2025 0.01%
GLOW ENERGY PCL - FOREIGN 0.01%
HANNSTAR DISPLAY CORP 0.01%
HCP INC 0.01%
HOSPITALITY PROPERTIES T 04.5000 03/15/2025 0.01%
ICAHN ENTERPRISES/FI 05.8750 02/01/2022 0.01%
IMPERIAL LOGISTICS LTD 0.01%
INDOFOOD SUKSES MAKMUR TBK P 0.01%
INFOR US INC 06.5000 05/15/2022 0.01%
IOS.FN30.350.12 R USL1M P 01/12/43 BC 0.01%
IPSEN 0.01%
IRON MOUNTAIN INC P/P 144A 05.2500 03/15/2028 0.01%
ITAUSA-INVESTIMENTOS ITAU-PR 0.01%
JASTRZEBSKA SPOLKA WEGLOWA S 0.01%
JOSEPH T RYERSON & S P/P 144A 11.0000 05/15/2022 0.01%
JPMORGAN CHASE & CO 06.1000 02/01/2049 0.01%
JPY/USD 05/15/2019 BANKAM 0.01%
JPY/USD 05/15/2019 CITI 0.01%
JPY/USD 05/15/2019 HSBCB 0.01%
JPY/USD 05/15/2019 SSBT 0.01%
JPY/USD 05/15/2019 UBS 0.01%
JPY/USD 05/15/2019 WPAC 0.01%
JXTG HOLDINGS INC 0.01%
KANSAI ELECTRIC POWER CO INC 0.01%
KCA DEUTAG US FIN LLC L+675 09.5530 03/21/2023 0.01%
KERRY PROPERTIES LTD 0.01%
KFC HLD/PIZZA HUT/TA P/P 144A 05.0000 06/01/2024 0.01%
KT CORP 0.01%
LEGRAND FRANCE USD 08.5000 02/15/2025 0.01%
LENNAR CORP 05.8750 11/15/2024 0.01%
LIONS GATE CAP HOLD P/P 144A 06.3750 02/01/2024 0.01%
LIVE NATION ENT P/P 144A 04.8750 11/01/2024 0.01%
MANILA ELECTRIC COMPANY 0.01%
MERCK & CO INC 02.9000 03/07/2024 0.01%
MGM GROWTH/MGM FINANCE 04.5000 01/15/2028 0.01%
MICROSOFT CORP 03.7000 08/08/2046 0.01%
MITSUBISHI MOTORS CORP 0.01%
MONMOUTH REAL ESTATE INV COR 0.01%
MOTIVA ENTERPRISES P/P 144A 05.7500 01/15/2020 0.01%
NATIONSTAR MTG P/P 144A 09.1250 07/15/2026 0.01%
NETFLIX INC. P/P 144A 05.8750 11/15/2028 0.01%
NINE POINT ENERGY CNV PRF 0.01%
NINE POINT ENERGY COM 0.01%
NRG ENERGY INC 05.7500 01/15/2028 0.01%
NRG ENERGY INC 07.2500 05/15/2026 0.01%
NUTRIEN LTD USD 05.2500 01/15/2045 0.01%
PENSKE AUTOMOTIVE GROUP 05.3750 12/01/2024 0.01%
PENSKE TRUCK LE P/P 144A 03.4000 11/15/2026 0.01%
PENSKE TRUCK LEASING P/P 144A 03.9000 02/01/2024 0.01%
PETROBRAS GLOBAL FIN USD 05.2990 01/27/2025 0.01%
PETROLEOS MEXICANOS USD 06.3750 01/23/2045 0.01%
PETRONAS DAGANGAN BHD 0.01%
PIGEON CORP 0.01%
POU CHEN 0.01%
PULTEGROUP INC 05.5000 03/01/2026 0.01%
QUEBECOR MEDIA INC USD 05.7500 01/15/2023 0.01%
RACKSPACE HOSTING INC L+300 05.7375 11/03/2023 0.01%
REALOGY GRP / CO P/P 144A 09.3750 04/01/2027 0.01%
REPUBLIC OF VENEZUELA REGS 09.0000 05/07/2023 0.01%
SAO MARTINHO SA 0.01%
SENIOR HOUSING PROP TRUST 0.01%
SHERWIN-WILLIAMS CO 02.7500 06/01/2022 0.01%
SIKA AG-REG 0.01%
SINCLAIR TELEVISION P/P 144A 05.6250 08/01/2024 0.01%
SM ENERGY CO 06.6250 01/15/2027 0.01%
SPRINGLEAF FINANCE CORP 07.1250 03/15/2026 0.01%
SWIRE PROPERTIES LTD 0.01%
TAKEDA PHARMACEUTIC-SP ADR 0.01%
TARGA RESOURCES PART P/P 144A 06.5000 07/15/2027 0.01%
TARGA RESOURCES PART P/P 144A 06.8750 01/15/2029 0.01%
TECK RESOURCES LTD P/P 144A 08.5000 06/01/2024 0.01%
TEKFEN HOLDING AS 0.01%
THE BANK OF NOVA SCOTIA USD 02.7000 03/07/2022 0.01%
TIANNENG POWER INTL LTD 0.01%
TOWNSQUARE MEDIA INC P/P 144A 06.5000 04/01/2023 0.01%
TRANSDIGM INC 06.5000 05/15/2025 0.01%
TRANSOCEAN POSEIDON P/P 144A 06.8750 02/01/2027 0.01%
TRIBUNE MEDIA CO 05.8750 07/15/2022 0.01%
TRONOX FINANCE PLC P/P 144A 05.7500 10/01/2025 0.01%
UNITED TRACTORS TBK PT 0.01%
USA COM PART/USA COM P/P 144A 06.8750 09/01/2027 0.01%
VERTIV GROUP CORP P/P 144A 09.2500 10/15/2024 0.01%
VERTIV INT HOLD CORP P/P 144A 12.0000 02/15/2022 0.01%
VMWARE INC 03.9000 08/21/2027 0.01%
WELLCARE HLTH PLANS P/P 144A 05.3750 08/15/2026 0.01%
WH GROUP LTD 0.01%
WMG ACQUISITION CORP P/P 144A 05.0000 08/01/2023 0.01%
WMG ACQUISITION CORP P/P 144A 05.5000 04/15/2026 0.01%
WPX ENERGY INC 05.7500 06/01/2026 0.01%
WPX ENERGY INC 06.0000 01/15/2022 0.01%
ZEKELMAN IND INC P/P 144A 09.8750 06/15/2023 0.01%
2.50 R ISWP FWD US0003M P 06/19/2024 0.00%
2.55 R ISWP FWD US0003M P 06/19/2021 0.00%
2.65 R ISWP FWD US0003M P 06/19/2029 0.00%
2.80 R ISWP FWD US0003M P 06/19/2049 0.00%
ADVANZ PHARMA CORP 0.00%
AGL ENERGY LTD 0.00%
ANTERO RESOURCES CORP 05.0000 03/01/2025 0.00%
ASTRO MALAYSIA 0.00%
ATACADAO DISTRIBUICAO COMERC 0.00%
AUD/USD 04/17/2019 BANKAM 0.00%
AUD/USD 04/17/2019 CITI 0.00%
AUD/USD 04/17/2019 CSI-FX 0.00%
AUD/USD 04/17/2019 GSFX 0.00%
AUD/USD 04/17/2019 HSBCB 0.00%
AUD/USD 04/17/2019 RBSF 0.00%
AUD/USD 04/17/2019 SSBT 0.00%
AUD/USD 04/17/2019 UBS 0.00%
AUD/USD 04/17/2019 WPAC 0.00%
AVAYA INC ESCROW P/P 144A 07.0000 04/01/2020 0.00%
BMW US CAPITAL LLC P/P 144A 03.9500 08/14/2028 0.00%
CAD/USD 04/17/2019 BCAP-FX 0.00%
CAD/USD 04/17/2019 CITI 0.00%
CAD/USD 04/17/2019 HSBCB 0.00%
CAD/USD 04/17/2019 JPMCB 0.00%
CAD/USD 04/17/2019 RBSF 0.00%
CAD/USD 04/17/2019 UBS 0.00%
CAD/USD 04/17/2019 WPAC 0.00%
CHF/USD 06/19/2019 JPMCB 0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CG 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 CS 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 ML 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 MS 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CG 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CG 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 GS 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 GS 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 ML 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 MS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 ML 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 CG 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 CS 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CNH/USD 05/15/2019 HSBCB 0.00%
COMCAST CORP 02.3500 01/15/2027 0.00%
COMCAST CORP 03.1500 03/01/2026 0.00%
CROWN CASTLE INTL CORP 04.8750 04/15/2022 0.00%
DKK/USD 06/19/2019 CITI 0.00%
ELDORADO RESORTS INC 06.0000 09/15/2026 0.00%
ENERGIZER HLDG INC P/P 144A 07.7500 01/15/2027 0.00%
EOG RESOURCES INC 04.1500 01/15/2026 0.00%
EP ENER/EVEREST ACQ P/P 144A 09.3750 05/01/2024 0.00%
ESC SEVENTYSEVENERG 06.5000 07/15/2022 0.00%
ESTACIO PARTICIPACOES SA 0.00%
EUR/USD 06/19/2019 SSBT 0.00%
EUR/USD 06/19/2019 UBS 0.00%
EUR/USD 06/19/2019 WPAC 0.00%
GBP/USD 06/19/2019 BANKAM 0.00%
GBP/USD 06/19/2019 CITI 0.00%
GBP/USD 06/19/2019 HSBCB 0.00%
GBP/USD 06/19/2019 SSBT 0.00%
GBP/USD CALL 1.47 20190726 BANKAM 0.00%
HKD/USD 05/15/2019 BCAP-FX 0.00%
ILS/USD 04/17/2019 SSBT 0.00%
INCEPTION MRGR/RACK P/P 144A 08.6250 11/15/2024 0.00%
INNOLUX CORP 0.00%
INTELSAT JACKSON HLD P/P 144A 08.0000 02/15/2024 0.00%
JPY/USD 05/15/2019 BCAP-FX 0.00%
JPY/USD 05/15/2019 CSI-FX 0.00%
JPY/USD 05/15/2019 RBSF 0.00%
KB FINANCIAL GROUP INC 0.00%
KEANE GROUP TLB L+375 06.3125 05/25/2025 0.00%
NOK/USD 06/19/2019 BCAP-FX 0.00%
NOK/USD 06/19/2019 CITI 0.00%
NOK/USD 06/19/2019 GSFX 0.00%
NOK/USD 06/19/2019 HSBCB 0.00%
NOK/USD 06/19/2019 JPMCB 0.00%
NOK/USD 06/19/2019 RBSF 0.00%
NOK/USD 06/19/2019 SSBT 0.00%
NZD/USD 04/17/2019 GSFX 0.00%
NZD/USD 04/17/2019 SSBT 0.00%
PANTHER BF AGGREGA P/P 144A 06.2500 05/15/2026 0.00%
ROSE ROCK MIDSTREAM/ 05.6250 11/15/2023 0.00%
SAFRAN SA 0.00%
SEK/USD 06/19/2019 BCAP-FX 0.00%
SEK/USD 06/19/2019 JPMCB 0.00%
SEK/USD 06/19/2019 SSBT 0.00%
SESI LLC 07.1250 12/15/2021 0.00%
SGD/USD 05/15/2019 JPMCB 0.00%
TERVITA CORP 0.00%
TRANSOCEAN INC P/P 144A 09.0000 07/15/2023 0.00%
TURK SISE CAM 0.00%
USD/CNH CALL 7.00 20190404 GSFX 0.00%
USD/CNH CALL 7.20 20190404 GSFX 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 CS -0.01%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 CS -0.01%
CMB CMBX.NA.BB.11 2054-11-18 500.0 11/18/2054 CG -0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 MS -0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 MS -0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG -0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG -0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG -0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG -0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG -0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG -0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS -0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 ML -0.01%
GBP/USD 06/19/2019 JPMCB -0.01%
CAD/USD 04/17/2019 SSBT -0.02%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 GS -0.02%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 GS -0.03%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 JP -0.05%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP -0.07%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 CS -0.09%
EUR/USD 06/19/2019 JPMCB -0.09%
JPY/USD 05/15/2019 JPMCB -0.10%
IOS.FN30.400.10 P USL1M R 01/12/41 JP -0.25%
SPY 20190418 C 293.00CITI -0.37%
SPY 20191220 P 215.00JPMCB -0.37%
SPY 20200117 P 230.00CITI -0.62%
SPY 20191018 P 240.00BANKAM -0.67%
SPY 20190429 C 292.50CITI -0.68%
SPY 20191115 P 240.00BANKAM -0.71%
SPY 20200221 P 240.00CITI -0.87%
SPY 20200320 P 250.00JPMCB -1.15%
S&P500 EMINI FUT JUN19 ESM9 -2.32%
RU10INTR P US0003M R 11/26/19 CI -4.32%
RU10INTR P US0003M R 03/30/20 BA -15.16%
US 10YR NOTE (CBT)JUN19 TYM9 -32.52%

Prior top 10 holdings

Top 10 holdings as of 04/30/19
S&P Gsci Tot Return 3x 144a Note 01/27/2020
Umbs Fn30 Tba 04.0000 06/01/2049
Gnma Gii30 Tba 03.5000 05/01/2049
Umbs Fn30 Tba 03.0000 05/01/2049
S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019
Umbs Fn30 Tba 06.0000 06/01/2049
Umbs Fn15 Tba 03.0000 05/01/2034
JPMorgan Chase
Walt Disney
Alphabet
Holdings represent 19.65% of portfolio
Top 10 holdings as of 03/31/19
S&P Gsci Tot Return 3x 144a Note 01/27/2020
Fnma Fn30 Tba 04.0000 04/01/2049
Gnma Gii30 Tba 03.5000 04/01/2049
Fnma Fn30 Tba 03.0000 05/01/2049
S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019
Fnma Fn30 Tba 06.0000 04/01/2049
Fnma Fn15 Tba 03.0000 04/01/2034
S&P Gsci TOT Return Indx 3X Note 1/21/2020
JPMorgan Chase
Alphabet
Holdings represent 15.52% of portfolio
Top 10 holdings as of 02/28/19
S&P Gsci Tot Return 3x 144a Note 01/27/2020
Fnma Fn30 Tba 04.0000 03/01/2049
Gnma Gii30 Tba 03.5000 03/01/2049
S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019
Fnma Fn30 Tba 03.0000 03/01/2049
JPMorgan Chase
Fnma Fn30 Tba 06.0000 03/01/2049
Alphabet
Fnma Fn15 Tba 03.0000 03/01/2034
S&P Gsci TOT Return Indx 3X Note 1/21/2020
Holdings represent 14.81% of portfolio
Top 10 holdings as of 01/31/19
S&P Gsci Tot Return 3x 144a Note 01/27/2020
Fnma Fn30 Tba 04.0000 02/01/2049
Gnma Gii30 Tba 03.5000 02/01/2049
S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019
S&P Gsci Excess Return Index 3x Note 1/27/2020
Fnma Fn30 Tba 03.0000 02/01/2049
JPMorgan Chase
Fnma Fn30 Tba 06.0000 02/01/2049
Alphabet
Fnma Fn15 Tba 03.0000 02/01/2034
Holdings represent 15.91% of portfolio

Portfolio composition as of 04/30/19

U.S. TIPS 29.93%
International bonds 24.95%
U.S. Equity 21.93%
U.S. High-yield bonds 17.20%
Commodities 15.39%
International equity 10.38%
Emerging-market bonds 4.99%
Emerging-markets equity 4.94%
Real estate investment trust 4.13%
U.S. Investment-grade bonds -11.61%
U.S. money markets -22.23%

Fixed income statistics as of 04/30/19

Average effective maturity 7.27 yrs.
Average effective duration 4.38 yrs.

Fund characteristics will vary over time.

Due to rounding, percentages may not equal 100%.

Consider these risks before investing: Emerging-market securities carry illiquidity and volatility risks. The fund may invest a portion of its assets in small and/or midsize companies. Such investments increase the risk of greater price fluctuations. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk, which means that they may increase in value less than other bonds when interest rates decline and decline in value more than other bonds when interest rates rise. Allocation of assets among asset classes may hurt performance, and efforts to diversify risk through the use of leverage and allocation decisions may not be successful. If the quantitative models or data that are used in managing the fund prove to be incorrect or incomplete, investment decisions made in reliance on the models or data may not produce the desired results and the fund may realize losses. Derivatives carry additional risks, such as the inability to terminate or sell derivatives positions and the failure of the other party to meet its obligations. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Bond investments are subject to interest-rate risk (the risk of bond prices falling if interest rates rise) and credit risk (the risk of an issuer defaulting on interest or principal payments). Interest-rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds. Unlike bonds, funds that invest in bonds have fees and expenses. Active trading strategies may lose money or not earn a return sufficient to cover trading and other costs. Use of leverage obtained through derivatives increases these risks by increasing investment exposure. Over-the-counter derivatives are also subject to the risk of the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. REITs are subject to the risk of economic downturns that have an adverse impact on real estate markets. The use of short selling may result in losses if the securities appreciate in value. Commodities involve market, political, regulatory, and natural conditions risks. The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, asset class, geography, industry or sector. International investing involves currency, economic, and political risks. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. You can lose money by investing in the fund.


Expenses

Expense ratio

Class A Class B Class C Class M Class R Class R6 Class Y
Total expense ratio 1.39% 2.14% 2.14% 1.89% 1.64% 1.00% 1.14%
What you pay† 1.15% 1.90% 1.90% 1.65% 1.40% 0.76% 0.90%

† The fund's expense ratio is taken from the most recent prospectus and is subject to change. What you pay reflects Putnam Management's decision to contractually limit expenses through 09/30/19

Sales charge

 Breakpoint Class A Class B Class C Class M Class R Class R6 Class Y
$0-$49,999 5.75% / 5.00% 0.00% / 4.00% 0.00% / 1.00% 3.50% / 3.00% -- -- --
$50,000-$99,999 4.50% / 3.75% 0.00% / 4.00% 0.00% / 1.00% 2.50% / 2.00% -- -- --
$100,000-$249,999 3.50% / 2.75% -- 0.00% / 1.00% 1.50% / 1.00% -- -- --
$250,000-$499,999 2.50% / 2.00% -- 0.00% / 1.00% 1.00% / 1.00% -- -- --
$500,000-$999,999 2.00% / 1.75% -- 0.00% / 1.00% 1.00% / 1.00% -- -- --
$1M-$4M 0.00% / 1.00% -- -- -- -- -- --
$4M-$50M 0.00% / 0.50% -- -- -- -- -- --
$50M+ 0.00% / 0.25% -- -- -- -- -- --

CDSC

  Class A (sales for $1,000,000+) Class B Class C Class M Class R Class R6 Class Y
0 to 9 mts. 1.00% 5.00% 1.00% -- -- -- --
9 to 12 mts. 1.00% 5.00% 1.00% -- -- -- --
2 yrs. 0.00% 4.00% 0.00% -- -- -- --
3 yrs. 0.00% 3.00% 0.00% -- -- -- --
4 yrs. 0.00% 3.00% 0.00% -- -- -- --
5 yrs. 0.00% 2.00% 0.00% -- -- -- --
6 yrs. 0.00% 1.00% 0.00% -- -- -- --
7+ yrs. 0.00% 0.00% 0.00% -- -- -- --

Trail commissions

  Class A Class B Class C Class M Class R Class R6 Class Y
  0.25% 0.25% 1.00% 0.65% 0.50% 0.00% 0.00%
  NA NA NA NA NA NA NA
  NA NA NA NA NA NA NA

For sales and trail commission information on purchases over $1 million and participant-directed qualified retirement plans, see a Putnam fund prospectus and the statement of additional information.

The Custom Dynamic Risk Allocation Index is comprised of 50% MSCI World Index, 40% Bloomberg Barclays Global Aggregate Bond Index, and 10% S&P GSCI. The MSCI World Index is a free float-adjusted market capitalization weighted index of equity securities that is designed to measure the equity market performance of developed markets. The Bloomberg Barclays Global Aggregate Bond Index is an unmanaged index of global investment-grade fixed-income securities. The S&P GSCI is a composite index of commodity sector returns that represents a broadly diversified, unleveraged, long-only position in commodity futures. You cannot invest directly in an index.

Consider these risks before investing: Emerging-market securities carry illiquidity and volatility risks. The fund may invest a portion of its assets in small and/or midsize companies. Such investments increase the risk of greater price fluctuations. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk, which means that they may increase in value less than other bonds when interest rates decline and decline in value more than other bonds when interest rates rise. Allocation of assets among asset classes may hurt performance, and efforts to diversify risk through the use of leverage and allocation decisions may not be successful. If the quantitative models or data that are used in managing the fund prove to be incorrect or incomplete, investment decisions made in reliance on the models or data may not produce the desired results and the fund may realize losses. Derivatives carry additional risks, such as the inability to terminate or sell derivatives positions and the failure of the other party to meet its obligations. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Bond investments are subject to interest-rate risk (the risk of bond prices falling if interest rates rise) and credit risk (the risk of an issuer defaulting on interest or principal payments). Interest-rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds. Unlike bonds, funds that invest in bonds have fees and expenses. Active trading strategies may lose money or not earn a return sufficient to cover trading and other costs. Use of leverage obtained through derivatives increases these risks by increasing investment exposure. Over-the-counter derivatives are also subject to the risk of the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. REITs are subject to the risk of economic downturns that have an adverse impact on real estate markets. The use of short selling may result in losses if the securities appreciate in value. Commodities involve market, political, regulatory, and natural conditions risks. The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, asset class, geography, industry or sector. International investing involves currency, economic, and political risks. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. You can lose money by investing in the fund.