Retirement Advantage Maturity Fund (Class I)

Comprehensively managed portfolios diversified to align with your retirement horizon

Highlights

Objective

Retirement Advantage Maturity Fund seeks to maximize returns while maintaining a level of risk appropriate for a person in retirement.

Strategy and process

  • Tailored to retirement: Each fund's target date reflects when investors are expected to retire and determines the portfolio's asset allocation.
  • Unique glide path: Allocations are structured to pursue performance and downside protection near retirement.
  • Comprehensively managed: Putnam's seasoned Global Asset Allocation team implements all steps of the investment process - the glide path, tactical allocations, and security selection.
  • Competitive CIT structure: The funds offer lower fee structure and the less complex administrative requirements of a collective investment trust, along with flexible pricing options.

Fund price

Yesterday’s close 52-week high 52-week low
Net asset value $14.06
0.00% | $0.00
$14.57
08/29/18
$13.90
02/08/18
Historical fund price

Fund facts as of 10/31/18

Total net assets
$369.54M
Turnover (fiscal year end)
59%
Dividend frequency
Annually
Number of holdings
1
Fiscal year-end
September
CUSIP / Fund code
746751809 / 2010
Inception date
01/03/08
Class I  
Category
Target Date
Open to new investors
Ticker
--

Management team

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



Performance

  • Total return (%) as of 09/30/18

  • Annual performance as of 09/30/18

Annualized Total return (%) as of 09/30/18

Annualized performance 1 yr. 3 yrs. 5 yrs. 10 yrs.
At net asset value 3.93% 7.11% 5.81% 6.77%
Custom Retirement Advantage Maturity Index 3.27% 5.15% 4.99% 5.89%

Data is historical. Past performance is not a guarantee of future results. More recent returns may be more or less than those shown. Investment return will fluctuate. Performance assumes reinvestment of distributions and does not account for taxes. Performance data reflects the impact of a 0.50% management fee for class I shares, a 0.60% management fee for class II shares, a 0.75% management fee for class III shares, a 0.90% management fee for class IV shares, a 1.05% management fee for class V shares, and a 0.35% management fee for class X shares. In certain cases your plan's management fee may be lower and your return higher. For the most recent month-end performance, please call your plan's toll-free number. 

Performance snapshot

  At net asset value  
1 mt. as of 10/31/18 -3.43 %
YTD as of 11/16/18 -1.47 %

Risk-adjusted performance as of 10/31/18

Alpha (3 yrs.) 0.39
Sharpe ratio (3 yrs.) 0.89
Treynor ratio (3 yrs.) 3.10
Information ratio (3 yrs.) 0.54

Volatility as of 10/31/18

Standard deviation (3 yrs.) 4.42%
Beta 1.26
R-squared 0.81

Capture ratio as of 10/31/18

Up-market (3 yrs.) 124.39
Down-market (3 yrs.) 122.39

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.


Holdings

Top holdings as of 10/31/18

Putnam Retirement Advantage GAA Income Strategies Trust 100.04%

Full portfolio holdings as of 09/30/18

FNMA FN30 TBA 03.0000 10/01/2048 1.92%
US TREASURY N/B 02.7500 08/15/2042 1.87%
GNMA GII30 TBA 03.5000 10/01/2048 1.23%
ALPHABET INC-CL A 0.98%
US TREASURY N/B 01.6250 02/15/2026 0.98%
FNMA FN30 TBA 04.0000 11/01/2048 0.94%
FNMA FN30 TBA 04.5000 10/01/2048 0.80%
FNMA FN15 TBA 03.0000 10/01/2033 0.76%
JPMORGAN CHASE & CO 0.67%
US TREASURY N/B 03.0000 02/15/2047 0.66%
GNMA GII30 TBA 03.0000 10/01/2048 0.60%
APPLE INC 0.55%
CISCO SYSTEMS INC 0.54%
BOEING CO/THE 0.52%
US TREASURY N/B 04.5000 02/15/2036 0.52%
CITIGROUP INC 0.51%
NVIDIA CORP 0.51%
VERIZON COMMUNICATIONS INC 0.51%
HOME DEPOT INC 0.48%
US TREASURY N/B 02.2500 11/15/2027 0.44%
AMAZON.COM INC 0.42%
SPDR S&P 500 ETF TRUST 0.42%
PETROLEOS MEXICANOS USD 06.5000 03/13/2027 0.40%
CDX CDX.NA.HY.31 500.0 12/20/2023 0.37%
MICROSOFT CORP 0.37%
ARGENTINE REPUBLIC USD 07.5000 04/22/2026 0.34%
ORACLE CORP 0.34%
REPUBLIC OF INDONESIA REGS 05.8750 01/15/2024 0.34%
US TREASURY N/B 02.7500 02/15/2024 0.34%
PEPSICO INC 0.32%
PETROBRAS GLOBAL FINANCE USD 07.3750 01/17/2027 0.32%
GNMA GII30 TBA 04.0000 10/01/2048 0.31%
US TREASURY N/B 02.3750 08/15/2024 0.31%
FNMA FN30 TBA 03.5000 10/01/2048 0.30%
VALERO ENERGY CORP 0.30%
CITIGROUP INC 04.4500 09/29/2027 0.29%
JOHNSON & JOHNSON 0.29%
CAS 2017-C05 1M2 04.4158 01/25/2030 0.28%
APPLE INC 04.3750 05/13/2045 0.27%
COCA-COLA CO/THE 0.26%
CONOCOPHILLIPS 0.26%
FACEBOOK INC-A 0.26%
ANTHEM INC 0.25%
CREDIT SUISSE GRP AG P/P 144A 04.2820 01/09/2028 0.25%
CAS 2014-C02 1M2 04.8158 05/25/2024 0.24%
CAS 2016-C03 2M2 08.1158 10/25/2028 0.24%
HALFMOON PARENT INC P/P 144A 03.7500 07/15/2023 0.24%
ING BANK NV P/P 144A 05.8000 09/25/2023 0.24%
JPMBB 2014-C22 XA IO 01.0379 09/15/2047 0.24%
COMM 2015-LC21 XA IO 00.9711 07/10/2048 0.23%
MERCK & CO. INC. 0.23%
WALT DISNEY CO/THE 0.23%
CGCMT 2014-GC19 X IO 01.3053 03/10/2047 0.22%
ELI LILLY & CO 0.22%
OCCIDENTAL PETROLEUM CORP 0.22%
ANHEUSER-BUSCH INBEV FIN 04.9000 02/01/2046 0.21%
GNMA GII30 AT7632 04.0000 08/20/2046 0.21%
INTUIT INC 0.21%
JPMCC 2013-LC11 AS 03.2160 04/15/2046 0.21%
AMGEN INC 0.20%
BANK OF AMERICA CORP 06.1000 12/29/2049 0.20%
BRISTOL-MYERS SQUIBB CO 0.20%
CAS 2018-C05 1M2 04.5658 01/25/2031 0.20%
JPMORGAN CHASE & CO 03.9640 11/15/2048 0.20%
MICROCHIP TEC CV 01.6250 02/15/2027 0.20%
NORTHROP GRUMMAN CORP 0.20%
CAS 2015-C04 2M2 07.7658 04/25/2028 0.19%
HONEYWELL INTERNATIONAL INC 0.19%
INTL BUSINESS MACHINES CORP 0.19%
RUSSIAN FEDERATION P/P 144A 04.5000 04/04/2022 0.19%
SPST 2018-1 A 03.1122 04/24/2019 0.19%
WFRBS 2012-C8 AS 03.6600 08/15/2045 0.19%
BECTON DICKINSON AND CO 06.1250 CUM CV PFD 0.18%
CAS 2015-C01 1M2 06.5158 02/25/2025 0.18%
DELTA AIR LINES INC 0.18%
GOLDMAN SACHS GROUP INC 03.8500 01/26/2027 0.18%
GOLDMAN SACHS GROUP INC 04.2230 05/01/2029 0.18%
MICROSOFT CORP 02.4000 08/08/2026 0.18%
MONDELEZ INTERNATIONAL INC-A 0.18%
MORGAN STANLEY 0.18%
MSBAM 2013-C13 AS 04.2660 11/15/2046 0.18%
US TREASURY N/B 02.1250 12/31/2022 0.18%
WEC ENERGY GROUP INC 04.4263 05/15/2067 0.18%
WFHET 2004-2 M1 03.1158 10/25/2034 0.18%
WFRBS 2013-C14 XA IO 00.8745 06/15/2046 0.18%
BPCE SA P/P 144A 04.5000 03/15/2025 0.17%
CIGNA CORP 0.17%
HALLIBURTON CO 0.17%
KINDER MORGAN INC 04.3000 06/01/2025 0.17%
PETROBRAS GLOBAL FINANCE USD 06.2500 03/17/2024 0.17%
WALGREENS BOOTS ALLIANCE INC 0.17%
CAS 2015-C04 1M2 07.9158 04/25/2028 0.16%
COMM 2014-LC15 XA IO 01.4476 04/10/2047 0.16%
FISERV INC 04.2000 10/01/2028 0.16%
HUMANA INC 0.16%
JPMCC 2012-C6 AS 04.1166 05/15/2045 0.16%
NETAPP INC 0.16%
ROSS STORES INC 0.16%
STACR 2014-HQ3 M3 06.9658 10/25/2024 0.16%
UNITEDHEALTH GROUP INC 03.8500 06/15/2028 0.16%
AES CORP/THE 05.1250 09/01/2027 0.15%
ALLY FINANCIAL INC 08.0000 11/01/2031 0.15%
BANK OF AMERICA CORP 07.2500 CV PFD 0.15%
BMW US CAPITAL LLC P/P 144A 03.9500 08/14/2028 0.15%
CAS 2015-C02 1M2 06.2158 05/25/2025 0.15%
DISH NETWORK CV 03.3750 08/15/2026 0.15%
ENERGY TRANSFER PARTNERS 06.6250 02/15/2028 0.15%
FAIRFAX FINL HLDGS P/P 144A 04.8500 04/17/2028 0.15%
HESS CORP 08.0000 CV PFD 0.15%
INTERPUBLIC GROUP COS 04.6500 10/01/2028 0.15%
LULULEMON ATHLETICA INC 0.15%
MSC 2016-BNK2 XB IO 00.6790 11/15/2049 0.15%
REALPAGE INC CV 01.5000 11/15/2022 0.15%
SALESFORCE.COM INC 03.7000 04/11/2028 0.15%
SERVICE CORP INTL 04.6250 12/15/2027 0.15%
SPST 2018-3 A 02.9122 07/24/2019 0.15%
SYSCO CORP 0.15%
UBS GROUP FUNDIN P/P 144A 04.1250 04/15/2026 0.15%
WILLIAMS COMPANIES INC 04.3000 03/04/2024 0.15%
ABIOMED INC 0.14%
AUTOMATIC DATA PROCESSING 0.14%
DIAMOND 1 FIN/DIAMON P/P 144A 05.4500 06/15/2023 0.14%
FORTINET INC 0.14%
KEURIG DR PEPPER INC P/P 144A 04.5970 05/25/2028 0.14%
LOCKHEED MARTIN CORP 0.14%
PALO ALTO NETWORKS INC 0.14%
REPUBLIC OF INDONESIA REGS 04.7500 01/08/2026 0.14%
SERVICENOW IN CV 00.0000 06/01/2022 0.14%
SHERWIN-WILLIAMS CO 03.4500 06/01/2027 0.14%
SIRIUS XM RADIO INC P/P 144A 05.0000 08/01/2027 0.14%
SPST 2018-5 A 02.9122 09/24/2019 0.14%
WELLS FARGO & COMPANY 05.8750 12/29/2049 0.14%
WFRBS 2013-C18 AS 04.3870 12/15/2046 0.14%
BOSTON SCIENTIFIC CORP 0.13%
BRDCOM CRP / FIN 03.8750 01/15/2027 0.13%
COGNIZANT TECH SOLUTIONS-A 0.13%
CROWN CASTLE INTL CORP 06.8750 CUM CV PFD 0.13%
CUMMINS INC 0.13%
CWL 2005-8 M4 03.1458 12/25/2035 0.13%
ESTEE LAUDER COMPANIES-CL A 0.13%
FORD MOTOR CO 0.13%
FORTIVE CORPORATION 05.0000 CUM CV PFD 0.13%
GSMS 2014-GC18 XA IO 01.2664 01/10/2047 0.13%
GSMS 2015-GC30 XA IO 01.0005 05/10/2050 0.13%
HP INC 0.13%
KINDER MORGAN INC 0.13%
MSBAM 2013-C13 XA IO 01.2326 11/15/2046 0.13%
ORACLE CORP 03.2500 11/15/2027 0.13%
PRUDENTIAL FINANCIAL INC 0.13%
REGIONS FINANCIAL CORP 0.13%
ROYAL CARIBBEAN CRUISES LTD 0.13%
S&P GLOBAL INC 02.9500 01/22/2027 0.13%
STACR 2014-DN4 M3 06.7658 10/25/2024 0.13%
TELADOC INC P/P 144A CV 01.3750 05/15/2025 0.13%
TORONTO-DOMINION BANK USD 03.6250 09/15/2031 0.13%
US BANCORP 0.13%
WALGREENS BOOTS ALLIANCE 03.4500 06/01/2026 0.13%
WFRBS 2014-C25 XA IO 01.0464 11/15/2047 0.13%
WILLIAMS COS INC 0.13%
AGILENT TECHNOLOGIES INC 0.12%
BAXTER INTERNATIONAL INC 0.12%
COMCAST CORP 03.1500 03/01/2026 0.12%
DIGITAL REALTY TRUST LP 04.4500 07/15/2028 0.12%
E*TRADE FINANCIAL CORPORATION 0.12%
ENERGY TRANSFER EQUITY L.P. 05.8750 01/15/2024 0.12%
HARTFORD FINL SVCS GRP 06.6250 03/30/2040 0.12%
INGERSOLL-RAND PLC 0.12%
KRAFT HEINZ FOODS CO 04.3750 06/01/2046 0.12%
MCKESSON CORP 0.12%
MICRON TECHNO CV 03.0000 11/15/2043 0.12%
MSBAM 2012-C6 AS 03.4760 11/15/2045 0.12%
PFIZER INC 0.12%
PRICELINE.COM CV 00.3500 06/15/2020 0.12%
RAYTHEON COMPANY 0.12%
SQUARE INC P/P 144A CV 00.5000 05/15/2023 0.12%
STANDARD IND INC P/P 144A 05.0000 02/15/2027 0.12%
TESLA INC CV 01.2500 03/01/2021 0.12%
TIFFANY & CO 0.12%
WESTERN DIGITAL CORP 04.7500 02/15/2026 0.12%
ABBVIE INC 0.11%
AMERIPRISE FINANCIAL INC 0.11%
ARMT 2005-9 5A1 02.7558 11/25/2035 0.11%
CAPITAL ONE FINANCIAL CORP 0.11%
CARNIVAL CORP 0.11%
CHESAPEAKE EN CV 05.5000 09/15/2026 0.11%
COMM 2013-CR13 AM 04.4490 11/10/2046 0.11%
ENTERGY CORP 0.11%
GILEAD SCIENCES INC 0.11%
HCA INC 05.5000 06/15/2047 0.11%
HILTON WORLDWIDE FIN LLC 04.8750 04/01/2027 0.11%
HSBC HOLDINGS PLC USD 04.8750 01/14/2022 0.11%
JAZZ INVESTME USD 01.8750 08/15/2021 0.11%
LCCM 2017-LC26 XA IO P/P 144A 01.6854 07/12/2050 0.11%
LIBERTY MEDIA CV 01.3750 10/15/2023 0.11%
LLOYDS BANKING GROUP PLC USD 04.5000 11/04/2024 0.11%
MANDATORY EXCH TRUST P/P 144A 05.7500 CV PFD 0.11%
METLIFE INC 0.11%
NEXTERA ENERGY INC 06.1230 CV PFD 0.11%
PALO ALTO NET P/P 144A CV 00.7500 07/01/2023 0.11%
PVH CORP 0.11%
RED HAT INC 0.11%
ROYAL BK SCOTLND GRP PLC USD 04.8920 05/18/2029 0.11%
SANTANDER UK PLC P/P 144A 05.0000 11/07/2023 0.11%
SPST 2017-LD1 A 03.0158 11/25/2050 0.11%
UNITED MEXICAN STATES USD 04.1500 03/28/2027 0.11%
WFRBS 2014-C22 XA IO 00.9984 09/15/2057 0.11%
AIR LEASE CORP 03.6250 04/01/2027 0.10%
CCO HLDGS LLC/CAP CO P/P 144A 05.7500 02/15/2026 0.10%
CENTENE CORP 0.10%
CF INDUSTRIES INC P/P 144A 04.5000 12/01/2026 0.10%
COMCAST CORP 06.5000 11/15/2035 0.10%
COMM 2013-LC6 AM 03.2820 01/10/2046 0.10%
CVS HEALTH CORP 04.7800 03/25/2038 0.10%
DBUBS 2011-LC3A D P/P 144A 05.5156 08/10/2044 0.10%
DIAMOND 1 FIN/DIAMON P/P 144A 07.1250 06/15/2024 0.10%
DISCOVER FINANCIAL SERVICES 0.10%
ECOLAB INC 03.2500 12/01/2027 0.10%
ELANCO ANIMAL HEALTH P/P 144A 04.9000 08/28/2028 0.10%
ERAC USA FINANCE LLC P/P 144A 07.0000 10/15/2037 0.10%
F5 NETWORKS INC 0.10%
GOLDMAN SACHS GROUP INC 0.10%
HUBSPOT INC CV 00.2500 06/01/2022 0.10%
IHS MARKIT LTD P/P 144A 04.7500 02/15/2025 0.10%
JPMORGAN CHAS P/P 144A CV 00.2500 05/01/2023 0.10%
LEAR CORP 03.8000 09/15/2027 0.10%
MICHAEL KORS HOLDINGS LTD 0.10%
MICROCHIP TECH INC P/P 144A 04.3330 06/01/2023 0.10%
NEWELL BRANDS INC 04.2000 04/01/2026 0.10%
NORTHROP GRUMMAN CORP 03.2500 01/15/2028 0.10%
NRG ENERGY INC 0.10%
OKTA INC P/P 144A CV 00.2500 02/15/2023 0.10%
PENSKE TRUCK LE P/P 144A 03.4000 11/15/2026 0.10%
PROV BUENOS AIRE P/P 144A 07.8750 06/15/2027 0.10%
REP OF INDONESIA P/P 144A 04.3500 01/08/2027 0.10%
REPUBLIC SERVICES INC 03.9500 05/15/2028 0.10%
SABINE PASS LIQUEF 05.0000 03/15/2027 0.10%
STACR 2015-DNA3 M2 05.0658 04/25/2028 0.10%
TARGA RESOURCES PART P/P 144A 05.0000 01/15/2028 0.10%
TEXAS INSTRUMENTS INC 0.10%
VEREIT OPERATING PARTNER 04.8750 06/01/2026 0.10%
WORKDAY INC CV 00.2500 10/01/2022 0.10%
ALIMENTATION COUCHE-TARD 3.550000 07/26/2027 0.09%
AMERICAN TOWER CORP 03.5500 07/15/2027 0.09%
ASHTEAD CAPITAL INC P/P 144A 04.3750 08/15/2027 0.09%
BMIR 2018-2A M1B P/P 144A 03.5658 08/25/2028 0.09%
CHARTER COMM OPT LLC 06.4840 10/23/2045 0.09%
COMM 2012-CR1 AM 03.9120 05/15/2045 0.09%
COMM 2014-CR19 XA IO 01.3444 08/10/2047 0.09%
COMM 2014-UBS4 XA IO 01.3367 08/10/2047 0.09%
CONCHO RESOURCES INC 03.7500 10/01/2027 0.09%
CVS HEALTH CORP 02.8750 06/01/2026 0.09%
CWL 2004-5 2A 02.7158 10/25/2034 0.09%
DANAHER CORP 0.09%
FIFTH THIRD BANCORP 0.09%
FIRSTENERGY TRANSMIS P/P 144A 05.4500 07/15/2044 0.09%
GLENCORE FUNDING LLC P/P 144A 04.6250 04/29/2024 0.09%
GNMA 10000 BE3158 03.5000 11/20/2047 0.09%
GSMS 2011-GC5 AS P/P 144A 05.2090 08/10/2044 0.09%
GSMS 2013-GC10 AS 03.2790 02/10/2046 0.09%
GSMS 2013-GC13 AS P/P 144A 04.2177 07/10/2046 0.09%
HILTON WORLDWIDE HOLDINGS IN 0.09%
IAC FINANCECO P/P 144A CV 00.8750 10/01/2022 0.09%
ILLUMINA INC P/P 144A CV 00.0000 08/15/2023 0.09%
INTEL CORP CV 03.2500 08/01/2039 0.09%
JPMORGAN CHASE & CO 05.3000 12/29/2049 0.09%
KLA-TENCOR CORP 0.09%
LAMB WESTON HOLDINGS P/P 144A 04.8750 11/01/2026 0.09%
LIBERTY EXPEDIA HOLD INC 144A 0.09%
LIVE NATION P/P 144A CV 02.5000 03/15/2023 0.09%
MEDICINES CO CV 02.5000 01/15/2022 0.09%
MSBAM 2013-C7 XA IO 01.4965 02/15/2046 0.09%
NRG ENERGY P/P 144A CV 02.7500 06/01/2048 0.09%
OSHKOSH CORP 04.6000 05/15/2028 0.09%
PROVINCIA DE CORDOBA REGS 07.4500 09/01/2024 0.09%
PRUDENTIAL FINANCIAL INC 05.2000 03/15/2044 0.09%
RINGCENTRAL P/P 144A CV 00.0000 03/15/2023 0.09%
ROCKWELL AUTOMATION INC 0.09%
SPLUNK INC P/P 144A CV 01.1250 09/15/2025 0.09%
STACR 2016-DNA1 M3 07.7658 07/25/2028 0.09%
TRANSCANADA TRUST USD 05.3000 03/15/2077 0.09%
UBSBB 2012-C2 XA IO P/P 144A 01.4878 05/10/2063 0.09%
VF CORP 0.09%
WASTE MANAGEMENT INC 0.09%
WESTLAKE CHEM CORP 03.6000 08/15/2026 0.09%
WFRBS 2012-C10 AS 03.2410 12/15/2045 0.09%
ZOETIS INC 03.9000 08/20/2028 0.09%
AIR PRODUCTS & CHEMICALS INC 0.08%
ALPHABET INC 01.9980 08/15/2026 0.08%
AT&T INC P/P 144A 04.1000 02/15/2028 0.08%
BECTON DICKINSON AND CO 03.7000 06/06/2027 0.08%
BIOMARIN PHARMA CV 00.5990 08/01/2024 0.08%
CAESARS ENTERTAIN CORP CV 05.0000 10/01/2024 0.08%
CHARTER COMM OPT LLC 05.3750 05/01/2047 0.08%
CHS/COMMUNITY HEALTH SYS 06.2500 03/31/2023 0.08%
CINCINNATI BELL INC 06.7500 CUM CV PFD 0.08%
COLONY STARWO CV 03.5000 01/15/2022 0.08%
COUPA SOFTW P/P 144A CV 00.3750 01/15/2023 0.08%
CROWN CASTLE INTL CORP 03.8000 02/15/2028 0.08%
DELL TECHNOLOGIES INC-CL V 0.08%
DOCUSIGN INC P/P 144A CV 00.5000 09/15/2023 0.08%
DTE ENERGY CO 06.5000 CV PFD 0.08%
EQUITY RESIDENTIAL TR REIT 0.08%
EXACT SCIENCES CORP CV 01.0000 01/15/2025 0.08%
FIDELITY NATIONAL INFO SERV 0.08%
FLEETCOR TECHNOLOGIES INC 0.08%
GNMA 10000 BC8223 03.5000 11/20/2047 0.08%
HARTFORD FINANCIAL SVCS GRP 0.08%
HERSHEY CO/THE 0.08%
INTL FLAVOR & FRAGRANCES 06.0000 CV PFD 0.08%
JPMBB 2013-C14 AS 04.4093 08/15/2046 0.08%
LAS VEGAS SANDS CORP 0.08%
LIBERTY INTER P/P 144A CV 01.7500 09/30/2046 0.08%
MASTERCARD INC - A 0.08%
NEXTERA ENERGY CAPITAL 04.8000 12/01/2077 0.08%
NOVARTIS AG-REG 0.08%
OMEGA HLTHCARE INVES 04.5000 04/01/2027 0.08%
REPUBLIC OF COLOMBIA USD 03.8750 04/25/2027 0.08%
REXNORD CORP 05.7500 CUM CV PFD 0.08%
ROCHE HOLDING AG-GENUSSCHEIN 0.08%
SEMPRA ENERGY 06.0000 CUM CV PFD 0.08%
SHIRE ACQ INV IE 03.2000 09/23/2026 0.08%
SOLERA LLC / SOLERA P/P 144A 10.5000 03/01/2024 0.08%
TELEFONICA EMISIONES SAU USD 04.8950 03/06/2048 0.08%
VIDEOTRON LTD / LTEE P/P 144A 05.1250 04/15/2027 0.08%
VISTRA ENERGY CORP P/P 144A 08.1250 01/30/2026 0.08%
VODAFONE GROUP PLC USD 04.3750 05/30/2028 0.08%
WAMU 2005-AR8 2AC2 03.1358 07/25/2045 0.08%
WELLCARE HEALTH PLANS INC 0.08%
WELLS FARGO & COMPANY 07.5000 CV PFD 0.08%
WESTROCK MWV LLC 08.2000 01/15/2030 0.08%
WRIGHT MEDICA P/P 144A CV 01.6250 06/15/2023 0.08%
ALLISON TRANSMISSION HOLDING 0.07%
ALTERYX INC P/P 144A CV 00.5000 06/01/2023 0.07%
AMG CAPITAL TRUST II 05.1500 CV PFD 0.07%
BANK OF AMERICA CORP 03.8240 01/20/2028 0.07%
BIOGEN INC 0.07%
CARBONITE INC CV 02.5000 04/01/2022 0.07%
CBS CORP 04.6000 01/15/2045 0.07%
CGCMT 2014-GC21 AS 04.0260 05/10/2047 0.07%
CGCMT 2014-GC21 X IO 01.3569 05/10/2047 0.07%
COX COMM INC P/P 144A 03.5000 08/15/2027 0.07%
CROWN CASTLE INTL CORP 03.6500 09/01/2027 0.07%
DYCOM IND INC CV 00.7500 09/15/2021 0.07%
EVERBRIDGE INC CV 01.5000 11/01/2022 0.07%
FIDELITY NATIONAL INFORM 04.2500 05/15/2028 0.07%
FIRST DATA CORP P/P 144A 05.7500 01/15/2024 0.07%
GCP APPLIED TECH P/P 144A 05.5000 04/15/2026 0.07%
J2 GLOBAL COMM CV 03.2500 06/15/2029 0.07%
MSBAM 2012-C5 AS 03.7920 08/15/2045 0.07%
MSC 2016-UB12 XA IO 00.9465 12/15/2049 0.07%
NEUROCRINE CV 02.2500 05/15/2024 0.07%
NICE SYS INC CV 01.2500 01/15/2024 0.07%
OASIS PETROLEUM INC CV 02.6250 09/15/2023 0.07%
ONEOK INC 0.07%
PACIRA PHARMA CV 02.3750 04/01/2022 0.07%
PACKAGING CORP OF AMERICA 0.07%
PENSKE AUTOMOTIVE GROUP 05.5000 05/15/2026 0.07%
PROCTER & GAMBLE CO/THE 0.07%
STANLEY BLACK & DECKER INC 0.07%
SUPERNUS PH P/P 144A CV 00.6250 04/01/2023 0.07%
T-MOBILE USA INC 05.3750 04/15/2027 0.07%
TOTAL SA 0.07%
TOYOTA MOTOR CORP 0.07%
TWITTER INC CV 01.0000 09/15/2021 0.07%
UBSBB 2013-C6 XA IO P/P 144A 01.2764 04/10/2046 0.07%
VECTOR GROUP LTD CV 01.7500 04/15/2020 0.07%
WESTROCK CO P/P 144A 03.3750 09/15/2027 0.07%
WFCM 2013-LC12 AS 04.4226 07/15/2046 0.07%
WFCM 2014-LC16 XA IO 01.4977 08/15/2050 0.07%
WFRBS 2013-UBS1 AS 04.3060 03/15/2046 0.07%
WIX LTD P/P 144A 00.0000 07/01/2023 0.07%
WYNDHAM DESTINATIONS INC 0.07%
ZOETIS INC 0.07%
AIR TRANSPORT CV 01.1250 10/15/2024 0.06%
AKAMAI TECH P/P 144A CV 00.1250 05/01/2025 0.06%
ALLIANZ SE-REG 0.06%
ALLY FINANCIAL INC 0.06%
ALTA MESA HLDGS 07.8750 12/15/2024 0.06%
AMEREN CORPORATION 0.06%
APPLIED MATERIALS INC 0.06%
AVERY DENNISON CORP 0.06%
BECTON DICKINSON AND CO 04.6690 06/06/2047 0.06%
BELDEN INC 06.7500 CV PFD 0.06%
BLACKSTONE MORTGAGE TR CV 04.7500 03/15/2023 0.06%
BOISE CASCADE CO P/P 144A 05.6250 09/01/2024 0.06%
BOMBARDIER INC P/P 144A 07.5000 12/01/2024 0.06%
BROADRIDGE FINANCIAL SOLUTIO 0.06%
BWAY HOLDING CO P/P 144A 07.2500 04/15/2025 0.06%
CA INC 0.06%
CBRE SERVICES INC 04.8750 03/01/2026 0.06%
CENTERPOINT ENERGY INC 0.06%
CGCMT 2013-GC17 AS 04.5440 11/10/2046 0.06%
CHENIERE CORP CHRIST 05.1250 06/30/2027 0.06%
CHENIERE ENERGY INC CV 04.2500 03/15/2045 0.06%
CIENA CORP CV 04.0000 12/15/2020 0.06%
CIT GROUP INC 0.06%
CIT GROUP INC. 05.2500 03/07/2025 0.06%
CITRIX SYSTEM CV 00.5000 04/15/2019 0.06%
CLOVIS ONCOLOGY INC CV 01.2500 05/01/2025 0.06%
CMS ENERGY CORP 0.06%
COMM 2012-CR2 AM 03.7910 08/15/2045 0.06%
COMM 2013-CR11 AM 04.7150 08/10/2050 0.06%
COMM 2013-CR11 XA IO 01.2718 08/10/2050 0.06%
COMM 2014-CR14 XA IO 00.8736 02/10/2047 0.06%
COMMSCOPE TECH LLC P/P 144A 05.0000 03/15/2027 0.06%
CONAGRA BRANDS INC 0.06%
CONTINENTAL RESOURCES 04.9000 06/01/2044 0.06%
CSAIL 2015-C1 C 04.4395 04/15/2050 0.06%
CSMC 2016-NXSR C 04.5076 12/15/2049 0.06%
CYPRESS SEMIC CV 04.5000 01/15/2022 0.06%
DENTSPLY SIRONA INC 0.06%
DOLLAR GENERAL CORP 0.06%
EMERA US FINANCE LP 04.7500 06/15/2046 0.06%
EQT CORP 03.9000 10/01/2027 0.06%
ERAC USA FINANCE LLC P/P 144A 03.8500 11/15/2024 0.06%
ERAC USA FINANCE LLC P/P 144A 04.5000 02/15/2045 0.06%
FED REPUBLIC OF BRAZIL USD 04.6250 01/13/2028 0.06%
FIRST QUANTUM MINERA P/P 144A 07.5000 04/01/2025 0.06%
GLAXOSMITHKLINE PLC 0.06%
GSMS 2011-GC5 XA IO P/P 144A 01.5057 08/10/2044 0.06%
HUNTSMAN CORP 0.06%
II-VI INC CV 00.2500 09/01/2022 0.06%
INCEPTION MRGR/RACK P/P 144A 08.6250 11/15/2024 0.06%
INPHI CORP CV 00.7500 09/01/2021 0.06%
INSULET CORP P/P 144A CV 01.3750 11/15/2024 0.06%
INTELSAT CONNECT FIN P/P 144A 09.5000 02/15/2023 0.06%
INTELSAT JACKSON HLD P/P 144A 09.7500 07/15/2025 0.06%
JPMBB 2014-C25 XA IO 01.0970 11/15/2047 0.06%
KAMAN CORP CV 03.2500 05/01/2024 0.06%
KANSAS CITY SOUTHERN 0.06%
LIBERTY MEDIA CV 01.0000 01/30/2023 0.06%
LINCOLN NATIONAL CORP 0.06%
LOEWS CORP 0.06%
MACQUARIE INFRASTRUCTU CV 02.0000 10/01/2023 0.06%
MOLSON COORS BREWING CO -B 0.06%
MSBAM 2014-C18 C 04.4893 10/15/2047 0.06%
MSBAM 2015-C25 XA IO 01.2749 10/15/2048 0.06%
NAVISTAR INTL CORP P/P 144A 06.6250 11/01/2025 0.06%
NEWFIELD EXPLORATION CO 05.3750 01/01/2026 0.06%
NEWMONT MINING CORP 0.06%
PBF ENERGY INC-CLASS A 0.06%
SPDR S&P MIDCAP 400 ETF TRST 0.06%
SPRINT CAPITAL CORPORATION 06.8750 11/15/2028 0.06%
SPRINT CORP 07.8750 09/15/2023 0.06%
SQUARE INC CV 00.3750 03/01/2022 0.06%
SYNOPSYS INC 0.06%
TOLEDO EDISON COMPANY 06.1500 05/15/2037 0.06%
TOTAL SYSTEM SERVICES INC 0.06%
TRANSDIGM INC 06.3750 06/15/2026 0.06%
TWENTY-FIRST CENTURY FOX - B 0.06%
UBSCM 2017-C7 XA IO 01.2261 12/15/2050 0.06%
VERTEX PHARMACEUTICALS INC 0.06%
VOCERA COMM P/P 144A CV 01.5000 05/15/2023 0.06%
WAMU 2004-AR13 A2B 03.0958 11/25/2034 0.06%
WAYFAIR INC CV 00.3750 09/01/2022 0.06%
WEATHERFORD BERMUDA CV 05.8750 07/01/2021 0.06%
WESTLAKE CHEMICAL CORP 04.3750 11/15/2047 0.06%
WEYERHAEUSER CO 0.06%
WFRBS 2012-C9 AS 03.3880 11/15/2045 0.06%
WFRBS 2013-C11 AS 03.3110 03/15/2045 0.06%
WFRBS 2014-C23 XA IO 00.7789 10/15/2057 0.06%
1011778 BC / NEW RED P/P 144A 05.0000 10/15/2025 0.05%
21ST CENTURY FOX AMERICA 07.7500 12/01/2045 0.05%
AES CORP 0.05%
AIR LEASE CORP 04.6250 10/01/2028 0.05%
AMADEUS IT GROUP SA 0.05%
AMAZON.COM INC 03.1500 08/22/2027 0.05%
AMAZON.COM INC 04.0500 08/22/2047 0.05%
AMDOCS LTD 0.05%
AMERICAN ELECTRIC POWER 0.05%
AMETEK INC 0.05%
AMGEN INC 04.6630 06/15/2051 0.05%
ARAB REPUBLIC OF EGYPT REGS 05.5770 02/21/2023 0.05%
ARCELORMITTAL USD 07.0000 10/15/2039 0.05%
ASSURANT INC 0.05%
BMC EAST LLC P/P 144A 05.5000 10/01/2024 0.05%
CADENCE DESIGN SYS INC 0.05%
CBS RADIO INC P/P 144A 07.2500 11/01/2024 0.05%
CD 2016-CD1 XA IO 01.5623 08/10/2049 0.05%
CELANESE CORP 0.05%
CELGENE CORP 0.05%
CGCMT 2012-GC8 XA IO P/P 144A 01.9663 09/10/2045 0.05%
CGCMT 2014-GC23 IO 01.1867 07/10/2047 0.05%
CGCMT 2015-GC31 X IO 00.5488 06/10/2048 0.05%
CHEGG INC P/P 144A CV 00.2500 05/15/2023 0.05%
CHENIERE CORP CHRIST 05.8750 03/31/2025 0.05%
CITIGROUP INC 03.8870 01/10/2028 0.05%
CLUBCORP HLDG INC P/P 144A 08.5000 09/15/2025 0.05%
COMM 2013-LC13 XA IO 01.3843 08/10/2046 0.05%
COMM 2014-CR17 C 04.8976 05/10/2047 0.05%
COMM 2015-CR23 XA IO 01.1047 05/10/2048 0.05%
CSC HOLDINGS LLC P/P 144A 10.1250 01/15/2023 0.05%
DIAMONDBACK ENERGY INC 05.3750 05/31/2025 0.05%
DISH DBS CORP 05.8750 11/15/2024 0.05%
ENI SPA 0.05%
EPR PROPERTIES 05.7500 CUM CV PFD 0.05%
EXPEDITORS INTL WASH INC 0.05%
GENERAL MOTORS FINL CO 04.0000 10/06/2026 0.05%
GREENBRIER C CV 02.8750 02/01/2024 0.05%
GSMS 2014-GC22 XA IO 01.1470 06/10/2047 0.05%
HCP INC 0.05%
HESS INFRASTRUCTURE P/P 144A 05.6250 02/15/2026 0.05%
HOSPITALITY PROP TRUST 04.3750 02/15/2030 0.05%
HOWARD HUGHES CORP P/P 144A 05.3750 03/15/2025 0.05%
IHS MARKIT LTD USD 04.7500 08/01/2028 0.05%
IMM 2004-7 1A1 02.9558 11/25/2034 0.05%
IRONWOOD PHAR CV 02.2500 06/15/2022 0.05%
IVORY COAST REGS 06.1250 06/15/2033 0.05%
JPMBB 2014-C22 C 04.7100 09/15/2047 0.05%
JPMCC 2013-C10 XA IO 01.1592 12/15/2047 0.05%
KDDI CORP 0.05%
MSCI INC 0.05%
NAVISTAR TLB L+350 04.7500 11/06/2024 0.05%
NOVELIS CORP P/P 144A 05.8750 09/30/2026 0.05%
NUANCE COMM CV 01.2500 04/01/2025 0.05%
NUTANIX INC P/P 144A CV 00.0000 01/15/2023 0.05%
ON SEMICONDUC CV 01.6250 10/15/2023 0.05%
ORACLE CORP 02.6500 07/15/2026 0.05%
OSI SYS INC CV 01.2500 09/01/2022 0.05%
OWENS CORNING 0.05%
PATRICK INDS P/P 144A CV 01.0000 02/01/2023 0.05%
PETROBRAS GLOBAL FIN USD 05.2990 01/27/2025 0.05%
PETROBRAS GLOBAL FINANCE USD 06.1250 01/17/2022 0.05%
PETROBRAS GLOBAL FINANCE USD 07.2500 03/17/2044 0.05%
RED HAT INC CV 00.2500 10/01/2019 0.05%
RIO TINTO PLC 0.05%
RLJ LODGING TRUST 01.9500 CUM CV PFD 0.05%
SCIENTIFIC GAMES INT 10.0000 12/01/2022 0.05%
SEVEN GENERATIONS P/P 144A 05.3750 09/30/2025 0.05%
SINCLAIR TELEVISION P/P 144A 05.6250 08/01/2024 0.05%
SIX FLAGS ENT P/P 144A 05.5000 04/15/2027 0.05%
SL GREEN REALTY CORP 0.05%
SPRINT COMMUNICATIONS INC. 07.0000 08/15/2020 0.05%
STARWOOD PROP TR CV 04.0000 01/15/2019 0.05%
SUMITOMO MITSUI FINANCIAL GR 0.05%
UGI CORP 0.05%
VORNADO REALTY TRUST 0.05%
WESTERN DI P/P 144A CV 01.5000 02/01/2024 0.05%
WFCM 2012-LC5 AS 03.5390 10/15/2045 0.05%
WFRBS 2014-C24 XA IO 01.0303 11/15/2047 0.05%
WYNN LAS VEGAS P/P 144A 05.2500 05/15/2027 0.05%
ABN AMRO GROUP NV-CVA 0.04%
ALEXANDRIA REAL ESTATE E 07.0000 CUM CV PFD 0.04%
ALLERGAN PLC 0.04%
ALLISON TRANSMISSION P/P 144A 04.7500 10/01/2027 0.04%
AMERICAN INTL GROUP 08.1750 05/15/2058 0.04%
ANGLO AMER PLC 0.04%
APERGY CORP P/P 144A 06.3750 05/01/2026 0.04%
ARAB REPUBLIC OF EGYPT REGS 05.8750 06/11/2025 0.04%
ARCELORMITTAL 0.04%
ASTELLAS PHARMA INC 0.04%
AVAYA TLB L+425 06.4084 12/15/2024 0.04%
AVIVA PLC 0.04%
BANFF MERGER SUB INC P/P 144A 09.7500 09/01/2026 0.04%
BANK OF MONTREAL USD 03.8030 12/15/2032 0.04%
BASF SE 0.04%
BERRY GLOBAL GROUP INC 0.04%
BLACKROCK TCP CAP CORP CV 05.2500 12/15/2019 0.04%
BMW US CAPITAL LLC P/P 144A 03.4000 08/13/2021 0.04%
BOOZ ALLEN HAMILTON HOLDINGS 0.04%
BRAND ENERGY & I P/P 144A 08.5000 07/15/2025 0.04%
BRAND ENERGY TL L+425 06.5956 06/21/2024 0.04%
BRIXMOR PROPERTY GROUP INC 0.04%
BUILDERS FIRSTSOURCE P/P 144A 05.6250 09/01/2024 0.04%
CBRE GROUP INC - A 0.04%
CCO HLDGS LLC/CAP C P/P 144A 05.5000 05/01/2026 0.04%
CEMEX SAB DE CV USD 03.7200 03/15/2020 0.04%
CENTRAL JAPAN RAILWAY CO 0.04%
CEQUEL COM & CAP P/P 144A 07.5000 04/01/2028 0.04%
CHARLES RIVER LABORATORIES 0.04%
CIT GROUP INC 05.0000 08/01/2023 0.04%
CK ASSET HOLDINGS LTD 0.04%
CLEAR CHNL WORLD 06.5000 11/15/2022 0.04%
COMM 2012-CR3 D P/P 144A 04.9136 10/15/2045 0.04%
COOPERATIEVE RABOBANK UA USD 03.7500 07/21/2026 0.04%
COVESTRO AG 0.04%
CROWN CASTLE INTL CORP 04.7500 05/15/2047 0.04%
DUKE REALTY CORP 0.04%
DUN & BRADSTREET CORP 0.04%
ENDEAVOR ENERGY P/P 144A 05.7500 01/30/2028 0.04%
ENEL SPA 0.04%
ENTERPRISE PRODUCTS OPER 04.2500 02/15/2048 0.04%
EQUINOR ASA 0.04%
ESH HOSPITALITY INC P/P 144A 05.2500 05/01/2025 0.04%
FRESENIUS MEDICAL CARE AG & 0.04%
GFL ENVIRONMENTAL P/P 144A 07.0000 06/01/2026 0.04%
GNMA GII30 OBD1715 03.5000 11/20/2047 0.04%
GNMA GII30 OBD1716 03.5000 11/20/2047 0.04%
GOLDEN NUGGET INC P/P 144A 06.7500 10/15/2024 0.04%
GOLDEN NUGGET INC P/P 144A 08.7500 10/01/2025 0.04%
GREAT LAKES D&D 08.0000 05/15/2022 0.04%
GSMS 2014-GC24 XA IO 00.9455 09/10/2047 0.04%
HELLENIC REPUBLIC REGS 03.0000 02/24/2028 0.04%
HERMES INTERNATIONAL 0.04%
HITACHI LTD 0.04%
HOYA CORP 0.04%
HUSKY TLB L+300 05.2018 03/28/2025 0.04%
ICAHN ENTER/FIN 06.7500 02/01/2024 0.04%
IMPERIAL BRANDS PLC 0.04%
INDIGO NATURAL P/P 144A 06.8750 02/15/2026 0.04%
INFOR US INC 06.5000 05/15/2022 0.04%
INGEVITY CORP P/P 144A 04.5000 02/01/2026 0.04%
INTEGRATED DE CV 00.8750 11/15/2022 0.04%
INTL CONSOLIDATED AIRLINE-DI 0.04%
ISTAR INC 04.5000 CUM CV PFD 0.04%
ITOCHU CORP 0.04%
JACK OHIO FIN LLC/FI P/P 144A 10.2500 11/15/2022 0.04%
JOHNSON CONTROLS INTL PL 04.5000 02/15/2047 0.04%
JPMBB 2013-C17 XA IO 00.9627 01/15/2047 0.04%
JPMBB 2014-C24 XA IO 01.1158 11/15/2047 0.04%
JPMCC 2013-LC11 X IO 01.4127 04/15/2046 0.04%
KAR AUCTION SERVICES INC 0.04%
KEYSIGHT TECHNOLOGIES IN 0.04%
KFC HLD/PIZZA HUT/TA P/P 144A 04.7500 06/01/2027 0.04%
KONINKLIJKE AHOLD DELHAIZE N 0.04%
LEGAL & GENERAL GROUP PLC 0.04%
LKQ CORP 0.04%
LPL HOLDINGS INC P/P 144A 05.7500 09/15/2025 0.04%
MACQUARIE GROUP LTD 0.04%
MANPOWERGROUP INC 0.04%
MARUBENI CORP 0.04%
MEREDITH CORP P/P 144A 06.8750 02/01/2026 0.04%
MITSUI AND CO LTD 0.04%
MIZUHO FINANCIAL GROUP INC 0.04%
NABORS IND INC 05.7500 02/01/2025 0.04%
NATIONAL AUSTRALIA BK/NY 02.8000 01/10/2022 0.04%
NCHET 2004-2 A4 03.3158 08/25/2034 0.04%
NIELSEN FIN LLC/CO P/P 144A 05.0000 04/15/2022 0.04%
NIPPON TELEGRAPH & TELEPHONE 0.04%
NORTHERN TRUST CORP 0.04%
NRG ENERGY INC P/P 144A 05.7500 01/15/2028 0.04%
NTT DATA CORP 0.04%
ON SEMICONDUC CV 01.0000 12/01/2020 0.04%
ORIX CORP 0.04%
PARK HOTELS & RESORTS INC 0.04%
PENTAIR PLC 0.04%
PERSIMMON PLC 0.04%
PEUGEOT SA 0.04%
PINNACLE FOODS INC 0.04%
PLANTRONICS INC P/P 144A 05.5000 05/31/2023 0.04%
PRINCIPAL FINANCIAL GROUP 0.04%
PULTEGROUP INC. 07.8750 06/15/2032 0.04%
REP OF ARGENTINA USD 06.8750 01/26/2027 0.04%
REPSOL SA 0.04%
REPUBLIC OF SENEGAL REGS 06.2500 05/23/2033 0.04%
REPUBLIC SERVICES INC 0.04%
RESONA HOLDINGS INC 0.04%
RITE AID CORP P/P 144A 06.1250 04/01/2023 0.04%
RIVERS PITTSBURGH LP P/P 144A 06.1250 08/15/2021 0.04%
ROYAL DUTCH SHELL PLC-B SHS 0.04%
SANDVIK AB 0.04%
SEACOR HLDGS CV 03.0000 11/15/2028 0.04%
SHIONOGI & CO LTD 0.04%
SIGNET JEWELERS LTD 0.04%
SONY CORP 0.04%
STACR 2016-HQA2 M3 07.3658 11/25/2028 0.04%
STEVENS HLDG CO INC P/P 144A 06.1250 10/01/2026 0.04%
SWEDBANK AB - A SHARES 0.04%
TERADYNE INC CV 01.2500 12/15/2023 0.04%
TOLL BROTHERS INC 0.04%
TRINIDAD DRILLING LT P/P 144A 06.6250 02/15/2025 0.04%
TTM TECHNOLOGIES INC CV 01.7500 12/15/2020 0.04%
TTM TECHNOLOGIES INC P/P 144A 05.6250 10/01/2025 0.04%
US CONCRETE INC 06.3750 06/01/2024 0.04%
USG CORP P/P 144A 04.8750 06/01/2027 0.04%
VERIZON COMMUNICATIONS 04.1250 03/16/2027 0.04%
VOLVO AB-B SHS 0.04%
W.R. GRACE & CO 0.04%
WABASH NATIONAL CORP P/P 144A 05.5000 10/01/2025 0.04%
WERNER FINCO LP/INC P/P 144A 08.7500 07/15/2025 0.04%
WEWORK COS INC P/P 144A 07.8750 05/01/2025 0.04%
WFCM 2016-LC25 XA IO 01.2206 12/15/2059 0.04%
WFRBS 2013-C12 AS 03.5600 03/15/2048 0.04%
WRANGLER BUYER CORP P/P 144A 06.0000 10/01/2025 0.04%
ZEBRA TECHNOLOGIES CORP-CL A 0.04%
ACS ACTIVIDADES 0.03%
AENA SME SA 0.03%
ALCOA NEDERLAND HLDG P/P 144A 06.1250 05/15/2028 0.03%
ALLEGHENY TECHNOLOGIES 07.8750 08/15/2023 0.03%
ALLY FINANCIAL INC 05.7500 11/20/2025 0.03%
ALPHA 2 BV P/P 144A 08.7500 06/01/2023 0.03%
ALTICE LUXEMBOURG SA P/P 144A 07.7500 05/15/2022 0.03%
AMC ENT HOLDIN 06.1250 05/15/2027 0.03%
AMER WOODMARK CORP P/P 144A 04.8750 03/15/2026 0.03%
AMERICAN HOME 4 RENT 0.03%
ARDAGH PKG FIN/HLDGS P/P 144A 07.2500 05/15/2024 0.03%
ASCEND LEARNING LLC P/P 144A 06.8750 08/01/2025 0.03%
ASHTEAD CAPITAL INC P/P 144A 04.1250 08/15/2025 0.03%
ATHENE HOLDING LTD-CLASS A 0.03%
AUTONATION INC. 05.5000 02/01/2020 0.03%
BAUSCH HLTH COS INC P/P 144A 09.2500 04/01/2026 0.03%
BEACON ROOFING SUPP P/P 144A 04.8750 11/01/2025 0.03%
BIG RVR STL/FIN P/P 144A 07.2500 09/01/2025 0.03%
BIOSCRIP INC 08.8750 02/15/2021 0.03%
BLACK KNIGHT INC 0.03%
BLUESCOPE STEEL LTD 0.03%
BWX TECHNOLOGIES INC 0.03%
CALIFORNIA RESOURC TL L+475 06.9622 11/17/2022 0.03%
CBS CORP 02.9000 01/15/2027 0.03%
CEMEX FINANCE LLC P/P 144A 06.0000 04/01/2024 0.03%
CHS/COMMUNITY HEALT P/P 144A 08.1250 06/30/2024 0.03%
CLP HOLDINGS LTD 0.03%
CNO FINANCIAL GROUP INC 05.2500 05/30/2025 0.03%
COMM 2010-C1 D P/P 144A 06.3076 07/10/2046 0.03%
COMM 2012-LC4 AM 04.0630 12/10/2044 0.03%
COMPASS MINERALS INT P/P 144A 04.8750 07/15/2024 0.03%
COMSTOCK ESCROW CORP P/P 144A 09.7500 08/15/2026 0.03%
COVEY PARK ENERGY LL P/P 144A 07.5000 05/15/2025 0.03%
CRC ESCROW ISSUER LL P/P 144A 05.2500 10/15/2025 0.03%
CROWN CASTLE INTL CORP 04.8750 04/15/2022 0.03%
CVS HEALTH CORP 05.0500 03/25/2048 0.03%
DENBURY RESOURCES IN P/P 144A 09.0000 05/15/2021 0.03%
DIAMOND 1 FIN/DIAMON P/P 144A 08.3500 07/15/2046 0.03%
DNB NOR ASA 0.03%
DOLLAR TREE INC 0.03%
EAGLECLAW MID TL L+425 06.3259 06/30/2024 0.03%
EMLT 2004-1 M2 03.6408 01/25/2034 0.03%
ENDO LTD/FIN LLC/FIN P/P 144A 06.0000 07/15/2023 0.03%
EVERGY INC 0.03%
EXTENDED STAY AMERICA INC 0.03%
FAURECIA 0.03%
FIAT CHRYSLER AUTOMOBILES NV 0.03%
FIN & RISK US HOLD P/P 144A 06.2500 05/15/2026 0.03%
FRONTIER COMM P/P 144A 08.5000 04/01/2026 0.03%
GALAXY ENT GRP L 0.03%
GLP CAPITAL LP / FIN II 05.3750 04/15/2026 0.03%
HANG SENG BANK LTD 0.03%
HD SUPPLY HOLDINGS INC 0.03%
HELLENIC REPUBLIC REGS 03.0000 02/24/2027 0.03%
HERITAGE INS CV 05.8750 08/01/2037 0.03%
HOLLY ENERGY PARTNE P/P 144A 06.0000 08/01/2024 0.03%
HORIZON GLOBAL CORP CV 02.7500 07/01/2022 0.03%
HUB INTL LTD P/P 144A 07.0000 05/01/2026 0.03%
HYATT HOTELS CORP - CL A 0.03%
IHS MARKIT LTD P/P 144A 04.0000 03/01/2026 0.03%
INFOR SOFTWARE P/P 144A 07.1250 05/01/2021 0.03%
INGREDION INC 0.03%
INSMED INC CV 01.7500 01/15/2025 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%
ISHARES MSCI EAFE ETF 0.03%
ITRON INC P/P 144A 05.0000 01/15/2026 0.03%
IVORY COAST REGS 05.3750 07/23/2024 0.03%
JACK OHIO FIN LLC/FI P/P 144A 06.7500 11/15/2021 0.03%
JAGGED PEAK ENERGY P/P 144A 05.8750 05/01/2026 0.03%
JO-ANN STORES 2NDL L+925 11.6038 05/21/2024 0.03%
JONES LANG LASALLE INC 0.03%
JPMBB 2015-C33 XA IO 01.1545 12/15/2048 0.03%
JPMCC 2012-C8 C P/P 144A 04.7582 10/15/2045 0.03%
KCA DEUTAG US FIN LLC L+675 09.0211 03/21/2023 0.03%
L OREAL 0.03%
LEIDOS HOLDINGS INC 0.03%
MADISON SQUARE GARDEN CO- A 0.03%
MITSUBISHI UFJ FIN GRP USD 03.8500 03/01/2026 0.03%
MSBAM 2013-C7 XB IO P/P 144A 00.4172 02/15/2046 0.03%
MSBAM 2014-C17 XA IO 01.3487 08/15/2047 0.03%
MSC 2012-C4 XA IO P/P 144A 02.2677 03/15/2045 0.03%
NESTLE SA-REG 0.03%
NUANCE COMMUNICATIONS INC 0.03%
OGE ENERGY CORP 0.03%
PARTNERS GROUP HOLDING AG 0.03%
PETROBRAS GLOBAL FIN USD 05.9990 01/27/2028 0.03%
PINNACLE WEST CAPITAL 0.03%
PISCES MIDCO INC P/P 144A 08.0000 04/15/2026 0.03%
PQ CORP P/P 144A 05.7500 12/15/2025 0.03%
PROVINCIA DE BUENOS P/P 144A 10.8750 01/26/2021 0.03%
RALPH LAUREN CORP 0.03%
REP OF INDONESIA P/P 144A 05.2500 01/17/2042 0.03%
ROCHE HOLDINGS INC P/P 144A 04.0000 11/28/2044 0.03%
RUSSIAN FEDERATION P/P 144A 04.3750 03/21/2029 0.03%
SAINSBURY (J) PLC 0.03%
SERVICEMASTER GLOBAL HOLDING 0.03%
SESI LLC 07.7500 09/15/2024 0.03%
SIX FLAGS ENT P/P 144A 04.8750 07/31/2024 0.03%
SM ENERGY CO 06.7500 09/15/2026 0.03%
SPIRIT REALTY CAPITAL INC 0.03%
SPRINT SPECTRUM P/P 144A 03.3600 09/20/2021 0.03%
TAYLOR WIMPEY PLC 0.03%
TEMPO ACQ LLC/FI P/P 144A 06.7500 06/01/2025 0.03%
TEVA PHARMACEUTICALS NE USD 06.0000 04/15/2024 0.03%
TEVA PHARMACEUTICALS NE USD 06.7500 03/01/2028 0.03%
THE WILLIAMS COMPANIES INC. 08.7500 03/15/2032 0.03%
TITAN ACQ LTD P/P 144A 07.7500 04/15/2026 0.03%
TMS INTL CORP P/P 144A 07.2500 08/15/2025 0.03%
TOPBUILD CORP P/P 144A 05.6250 05/01/2026 0.03%
TR OP / TR FIN P/P 144A 05.3750 09/01/2025 0.03%
TRAVELPORT CORP FIN P/P 144A 06.0000 03/15/2026 0.03%
UBS GROUP FUNDING SWITZE REGS 06.8750 12/29/2049 0.03%
UCB SA 0.03%
VERTIV GROUP CORP P/P 144A 09.2500 10/15/2024 0.03%
VINCI SA 0.03%
VISTEON CORP 0.03%
VISTRA OPERATIONS CO P/P 144A 05.5000 09/01/2026 0.03%
VMWARE INC 03.9000 08/21/2027 0.03%
WATCO COS LLC/FI P/P 144A 06.3750 04/01/2023 0.03%
WEATHERFORD BERMUDA 09.8750 02/15/2024 0.03%
WFRBS 2012-C10 C 04.5253 12/15/2045 0.03%
WFRBS 2014-C19 AS 04.2710 03/15/2047 0.03%
WOOLWORTHS GROUP LTD 0.03%
1011778 BC / NEW RED P/P 144A 04.2500 05/15/2024 0.02%
3I GROUP PLC 0.02%
AECOM 0.02%
AES CORP/THE 05.5000 04/15/2025 0.02%
AMC ENT HOLDIN 05.8750 11/15/2026 0.02%
AMER TRANS SYST P/P 144A 05.0000 09/01/2044 0.02%
AMERICAN FINANCIAL GROUP INC 0.02%
AMERICAN TOWER CORP 03.1250 01/15/2027 0.02%
AMERICAN TOWER CORP 03.3750 10/15/2026 0.02%
AMGEN INC 02.6000 08/19/2026 0.02%
APARTMENT INVT & MGMT CO -A 0.02%
ARGENTINE REPUBLIC USD 04.6250 01/11/2023 0.02%
ARKEMA 0.02%
ARRIS INTERNATIONAL PLC 0.02%
ASHTEAD GROUP PLC 0.02%
ASP AMC MERGER SUB P/P 144A 08.0000 05/15/2025 0.02%
ASSOCIATED BRITISH FOODS PLC 0.02%
ATMOS ENERGY CORP 0.02%
AXALTA COATING SYS P/P 144A 04.8750 08/15/2024 0.02%
BANK OF AMERICA CORP 0.02%
BAUSCH HLTH COS INC P/P 144A 06.1250 04/15/2025 0.02%
BAUSCH HLTH COS INC P/P 144A 07.0000 03/15/2024 0.02%
BAUSCH HLTH COS INC P/P 144A 08.5000 01/31/2027 0.02%
BAUSCH HLTH COS INC P/P 144A 09.0000 12/15/2025 0.02%
BEACON ROOFING SUPPL 06.3750 10/01/2023 0.02%
BGC PARTNERS INC 05.1250 05/27/2021 0.02%
BGC PARTNERS INC-CL A 0.02%
BRANDYWINE REALTY TRUST 0.02%
BWAY HOLDING CO P/P 144A 05.5000 04/15/2024 0.02%
CABOT CORP 0.02%
CANTOR FITZGERALD LP P/P 144A 06.5000 06/17/2022 0.02%
CAPGEMINI SE 0.02%
CARRIAGE SVCS INC P/P 144A 06.6250 06/01/2026 0.02%
CCO HLDGS LLC/CAP CO P/P 144A 05.8750 04/01/2024 0.02%
CELANESE US HOLDINGS LLC 04.6250 11/15/2022 0.02%
CF INDUSTRIES INC 04.9500 06/01/2043 0.02%
CHEMOURS CO 07.0000 05/15/2025 0.02%
CHESAPEAKE ENERGY CORP 08.0000 01/15/2025 0.02%
CHS/COMMUNITY HEALTH 06.8750 02/01/2022 0.02%
COLORADO INTERSTATE GAS CO 06.8500 06/15/2037 0.02%
COMM 2014-CR17 XA IO 01.2414 05/10/2047 0.02%
COMM 2014-CR18 XA IO 01.3083 07/15/2047 0.02%
COMM 2014-LC17 XA IO 01.0716 10/10/2047 0.02%
CORNERSTONE CHEM CO P/P 144A 06.7500 08/15/2024 0.02%
CROWNROCK LP/CROWNRO P/P 144A 05.6250 10/15/2025 0.02%
CSC HOLDINGS LLC 05.2500 06/01/2024 0.02%
CSC HOLDINGS LLC 06.7500 11/15/2021 0.02%
DCP MIDSTREAM P/P 144A 06.7500 09/15/2037 0.02%
DIAMOND BC BV P/P 144A 05.6250 08/15/2025 0.02%
DIAMOND RESORTS INTL P/P 144A 07.7500 09/01/2023 0.02%
DOMTAR CORP 0.02%
DOUGLAS EMMETT INC 0.02%
EASYJET PLC 0.02%
ENBRIDGE INC USD 04.2500 12/01/2026 0.02%
ENSCO PLC USD 07.7500 02/01/2026 0.02%
EP ENER/EVEREST ACQ P/P 144A 07.7500 05/15/2026 0.02%
EP ENER/EVEREST ACQ P/P 144A 09.3750 05/01/2024 0.02%
EQUINIX INC 05.3750 05/15/2027 0.02%
EQUITY LIFESTYLE PROPERTIES 0.02%
EVEREST ACQ LLC/FIN 09.3750 05/01/2020 0.02%
EVONIK INDUSTRIES AG 0.02%
FIRST DATA CORP P/P 144A 07.0000 12/01/2023 0.02%
FIRST HAWAIIAN INC 0.02%
FLEX ACQ CO INC P/P 144A 06.8750 01/15/2025 0.02%
FLEX ACQ CO INC P/P 144A 07.8750 07/15/2026 0.02%
FREEDOM MTGE CORP P/P 144A 08.1250 11/15/2024 0.02%
FREEDOM MTGE CORP P/P 144A 08.2500 04/15/2025 0.02%
FRONTIER COMM 10.5000 09/15/2022 0.02%
GAMING AND LEISURE PROPERTIE 0.02%
GARDNER DENVER HOLDINGS INC 0.02%
GATES GLOBAL LLC P/P 144A 06.0000 07/15/2022 0.02%
GLENCORE FUNDING LLC P/P 144A 04.0000 04/16/2025 0.02%
GLP CAPITAL LP / FIN II 05.2500 06/01/2025 0.02%
GNMA GII30 OBD1714 03.5000 11/20/2047 0.02%
GOEASY LTD P/P 144A 07.8750 11/01/2022 0.02%
GSMS 2013-GC10 XA IO 01.6672 02/10/2046 0.02%
HCA INC 05.2500 06/15/2026 0.02%
HCA INC 06.5000 02/15/2020 0.02%
HELLENIC REPUBLIC REGS 03.0000 02/24/2025 0.02%
HELLENIC REPUBLIC REGS 03.0000 02/24/2026 0.02%
HELLENIC REPUBLIC REGS 03.0000 02/24/2030 0.02%
HIGHWOODS PROPERTIES INC 0.02%
HILL-ROM HOLDINGS INC 0.02%
HUDBAY MINERALS INC P/P 144A 07.6250 01/15/2025 0.02%
HUDSON PACIFIC PROPERTIES IN 0.02%
HUNTSMAN INTERNATIONAL LLC 04.8750 11/15/2020 0.02%
IPALCO ENTPRS IN 03.7000 09/01/2024 0.02%
IRON MOUNTAIN INC P/P 144A 05.2500 03/15/2028 0.02%
JABIL INC 0.02%
JPMBB 2014-C19 XA IO 01.2775 04/15/2047 0.02%
JPMCC 2013-C10 AS 03.3715 12/15/2047 0.02%
JPMORGAN CHASE & CO 06.1000 02/01/2049 0.02%
LIBERTY MEDIA COR-SIRIUSXM A 0.02%
LIBERTY PROPERTY TRUST 0.02%
LIFE STORAGE INC 0.02%
LIONS GATE CAP HOLD P/P 144A 05.8750 11/01/2024 0.02%
LIVE NATION ENTERTAI P/P 144A 05.6250 03/15/2026 0.02%
MARINE HARVEST 0.02%
MASTEC INC 04.8750 03/15/2023 0.02%
MATCH GROUP INC P/P 144A 05.0000 12/15/2027 0.02%
MATTAMY GROUP CORP P/P 144A 06.5000 10/01/2025 0.02%
MERCER INTL INC USD 06.5000 02/01/2024 0.02%
MGM RESORTS INTL 06.6250 12/15/2021 0.02%
MITSUBISHI CHEMICAL HOLDINGS 0.02%
MONCLER SPA 0.02%
MUENCHENER RUECKVER AG-REG 0.02%
NATIONSTAR MORT/ 06.5000 07/01/2021 0.02%
NATIONSTAR MTG P/P 144A 08.1250 07/15/2023 0.02%
NETFLIX INC P/P 144A 04.8750 04/15/2028 0.02%
NETFLIX INC P/P 144A 05.8750 11/15/2028 0.02%
NEW RESIDENTIAL INVESTMENT 0.02%
NEWS CORP - CLASS A 0.02%
NEXSTAR BROADC P/P 144A 05.6250 08/01/2024 0.02%
NIELSEN CO LUXEM P/P 144A 05.0000 02/01/2025 0.02%
NOVA CHEMICALS CORP P/P 144A 05.2500 06/01/2027 0.02%
NRG ENERGY INC 06.6250 01/15/2027 0.02%
NTT DOCOMO INC 0.02%
NVENT ELECTRIC PLC 0.02%
OASIS PETROLEUM INC P/P 144A 06.2500 05/01/2026 0.02%
OMV AG 0.02%
PEACHTREE FUNDING TR P/P 144A 03.9760 02/15/2025 0.02%
PEARSON PLC 0.02%
PETROLEOS MEXICANOS USD 04.8750 01/24/2022 0.02%
PPL CAPITAL FUNDING INC 04.2000 06/15/2022 0.02%
PRECISION DRILL P/P 144A 07.1250 01/15/2026 0.02%
PROSIEBENSAT.1 MEDIA SE 0.02%
PROVIDENT FDG/PFG FI P/P 144A 06.3750 06/15/2025 0.02%
PROVINCIA DE CORDOBA P/P 144A 07.1250 08/01/2027 0.02%
RANGE RESOURCES CORP 05.7500 06/01/2021 0.02%
RBS GLOBAL/REXNO P/P 144A 04.8750 12/15/2025 0.02%
RENAISSANCERE HOLDINGS LTD 0.02%
ROBERTSHAW 1STL L+350 05.3725 02/15/2025 0.02%
ROBERTSHAW 2NDL L+800 09.8725 02/15/2026 0.02%
ROYAL GOLD INC 0.02%
SABINE PASS LIQUEFAC 05.7500 05/15/2024 0.02%
SANTANDER CONSUMER USA HOLDI 0.02%
SHIRE ACQ INV IRELAND DA USD 02.8750 09/23/2023 0.02%
SKF AB-B SHARES 0.02%
SMURFIT KAPPA TREASURY USD 07.5000 11/20/2025 0.02%
SPECTRA ENERGY PARTNERS 03.3750 10/15/2026 0.02%
SPRINGLEAF FINANCE CORP 06.8750 03/15/2025 0.02%
STANDARD IND INC P/P 144A 05.3750 11/15/2024 0.02%
STARWOOD PROP TR 04.7500 03/15/2025 0.02%
STARWOOD PROPERTY TRUST INC 0.02%
SUGAR HSP GAMING P/P 144A 05.8750 05/15/2025 0.02%
SUN COMMUNITIES INC 0.02%
SWEDISH MATCH AB 0.02%
SYNOVUS FINANCIAL CORP 0.02%
T-MOBILE US INC 0.02%
T-MOBILE USA INC 04.7500 02/01/2028 0.02%
TAISEI CORP 0.02%
TALLGRASS NRG PRTNR P/P 144A 05.5000 01/15/2028 0.02%
TELEDYNE TECHNOLOGIES INC 0.02%
TENNANT CO 05.6250 05/01/2025 0.02%
TMX FIN LLC/TITLEMAX P/P 144A 11.1250 04/01/2023 0.02%
TRIDENT MERGER SUB P/P 144A 06.6250 11/01/2025 0.02%
TRONOX INC P/P 144A 06.5000 04/15/2026 0.02%
TUI AG-DI 0.02%
UNITED OVERSEAS BANK LTD 0.02%
UPM-KYMMENE OYJ 0.02%
USA COMPRESSION PART P/P 144A 06.8750 04/01/2026 0.02%
USIS MERGER SUB INC P/P 144A 06.8750 05/01/2025 0.02%
VIDEOTRON LTD USD 05.0000 07/15/2022 0.02%
VISTRA ENERGY CORP 07.0000 CV PFD 0.02%
WABCO HOLDINGS INC 0.02%
WARNER MEDIA LLC 03.8000 02/15/2027 0.02%
WATERS CORP 0.02%
WFRBS 2011-C3 D P/P 144A 05.8645 03/15/2044 0.02%
WFRBS 2011-C3 XA IO P/P 144A 01.5198 03/15/2044 0.02%
WFRBS 2011-C5 E P/P 144A 05.8616 11/15/2044 0.02%
WFRBS 2012-C10 D P/P 144A 04.5903 12/15/2045 0.02%
WHITING PETROLEUM CORP 06.6250 01/15/2026 0.02%
WILLIAMS COMPANIES INC 03.6000 03/15/2022 0.02%
WPX ENERGY INC 05.7500 06/01/2026 0.02%
WPX ENERGY INC 08.2500 08/01/2023 0.02%
WR GRACE & CO-CONN P/P 144A 05.6250 10/01/2024 0.02%
WYNDHAM HOTELS & RE P/P 144A 05.3750 04/15/2026 0.02%
ABC SUPPLY CO INC P/P 144A 05.7500 12/15/2023 0.01%
ABC SUPPLY CO INC P/P 144A 05.8750 05/15/2026 0.01%
ABC-MART INC 0.01%
AES CORP/THE 04.5000 03/15/2023 0.01%
AGNC INVESTMENT CORP 0.01%
AIR MEDICAL MERGER S P/P 144A 06.3750 05/15/2023 0.01%
ALFRESA HOLDINGS CORP 0.01%
ALLEGHENY TECHNOLOGIES 05.9500 01/15/2021 0.01%
ALLIANCE DATA SYS CO P/P 144A 05.3750 08/01/2022 0.01%
ALLIANT HOLD / CO-IS P/P 144A 08.2500 08/01/2023 0.01%
AMC ENTERTAINMENT HOLDIN 05.7500 06/15/2025 0.01%
AMC ENTERTAINMENT HOLDIN 05.8750 02/15/2022 0.01%
AMERICAN AXLE & MFG INC 07.7500 11/15/2019 0.01%
ANHEUSER-BUSCH INBEV WOR 02.5000 07/15/2022 0.01%
ANTERO RESOURCES 05.3750 11/01/2021 0.01%
ANTERO RESOURCES FIN 05.1250 12/01/2022 0.01%
APPLE HOSPITALITY REIT INC 0.01%
ARC PROP OPER PART L 04.6000 02/06/2024 0.01%
ARISTOCRAT LEISURE LTD 0.01%
ASCENT RESOURCES/AEU P/P 144A 10.0000 04/01/2022 0.01%
ASCENT RESOURCES/AR P/P 144A 07.0000 11/01/2026 0.01%
AUTOMATION TOOLING S P/P 144A 06.5000 06/15/2023 0.01%
AVAYA HOLDINGS CORP 0.01%
AXIS CAPITAL HOLDINGS LTD 0.01%
BANK OF AMERICA CORP 06.5000 10/29/2049 0.01%
BAUSCH HLTH COS INC P/P 144A 05.5000 11/01/2025 0.01%
BAUSCH HLTH COS INC P/P 144A 05.8750 05/15/2023 0.01%
BAUSCH HLTH COS INC P/P 144A 06.5000 03/15/2022 0.01%
BAYTEX ENERGY CORP P/P 144A 05.6250 06/01/2024 0.01%
BERKELEY GROUP HOLDINGS/THE 0.01%
BERRY GLOBAL INC 05.1250 07/15/2023 0.01%
BERRY GLOBAL INC P/P 144A 04.5000 02/15/2026 0.01%
BHP BILLITON LIMITED 0.01%
BOLIDEN AB 0.01%
BOMBARDIER INC P/P 144A 08.7500 12/01/2021 0.01%
BOYD GAMING CORP 06.0000 08/15/2026 0.01%
BOYD GAMING CORPORATION 06.8750 05/15/2023 0.01%
BOYNE USA INC P/P 144A 07.2500 05/01/2025 0.01%
BP CAPITAL MARKETS PLC USD 02.3150 02/13/2020 0.01%
BP CAPITAL MARKETS PLC USD 03.1190 05/04/2026 0.01%
BRIGGS & STRATTON CORPORATION 06.8750 12/15/2020 0.01%
BROTHER INDUSTRIES LTD 0.01%
CALIFORNIA RESOURCES 05.0000 01/15/2020 0.01%
CALIFORNIA RESOURCES P/P 144A 08.0000 12/15/2022 0.01%
CALPINE CORP P/P 144A 05.2500 06/01/2026 0.01%
CALPINE CORPORATION 05.7500 01/15/2025 0.01%
CAPITAL ONE FINANCIAL CO 04.2000 10/29/2025 0.01%
CAS 2014-C03 2M2 05.1158 07/25/2024 0.01%
CAS 2016-C05 2M1 03.5658 01/25/2029 0.01%
CBRE SERVICES INC 05.2500 03/15/2025 0.01%
CBS CORP 04.0000 01/15/2026 0.01%
CBS OUT AMER CAP LLC 05.6250 02/15/2024 0.01%
CCO HLDGS LLC/CAP CO P/P 144A 05.1250 05/01/2023 0.01%
CEC ENT INC 08.0000 02/15/2022 0.01%
CENTENE CORP 04.7500 05/15/2022 0.01%
CENTENE CORP 06.1250 02/15/2024 0.01%
CENTENE CORP P/P 144A 05.3750 06/01/2026 0.01%
CEQUEL COM HLDG I/CA P/P 144A 05.1250 12/15/2021 0.01%
CGCMT 2014-GC21 D P/P 144A 05.0906 05/10/2047 0.01%
CHECK POINT SOFTWARE TECH 0.01%
CHEMOURS CO 05.3750 05/15/2027 0.01%
CHEMOURS CO 06.6250 05/15/2023 0.01%
CHESAPEAKE ENERGY CORP 08.0000 06/15/2027 0.01%
CIMIC GROUP LTD 0.01%
CINEMARK USA INC 05.1250 12/15/2022 0.01%
CIT GROUP INC. 05.0000 08/15/2022 0.01%
CLEAR CHNL WORLD 07.6250 03/15/2020 0.01%
CLEVELAND-CLIFFS INC 05.7500 03/01/2025 0.01%
COCA-COLA AMATIL LTD 0.01%
COMM 2012-LC4 XA IO P/P 144A 02.3801 12/10/2044 0.01%
COMMSCOPE TECH LLC P/P 144A 06.0000 06/15/2025 0.01%
CONTINENTAL RES 04.5000 04/15/2023 0.01%
CONTINENTAL RESOURCES 03.8000 06/01/2024 0.01%
COPA HOLDINGS SA-CLASS A 0.01%
CORELOGIC INC 0.01%
CROWN AMER/CAP P/P 144A 04.7500 02/01/2026 0.01%
CROWN CASTLE INTL CORP 03.1500 07/15/2023 0.01%
CROWN CORK & SEAL CO INC 07.3750 12/15/2026 0.01%
CROWN RESORTS LTD 0.01%
CVS HEALTH CORP 04.7500 12/01/2022 0.01%
D.R. HORTON INC 05.7500 08/15/2023 0.01%
DAI NIPPON PRINTING CO LTD 0.01%
DAKOTA MERGER SUB P/P 144A 10.7500 09/01/2024 0.01%
DCP MIDSTREAM OPERATING 05.3750 07/15/2025 0.01%
DEAN FOODS CO P/P 144A 06.5000 03/15/2023 0.01%
DENBURY RESOURCES INC 06.3750 08/15/2021 0.01%
DENBURY RESOURCES P/P 144A 07.5000 02/15/2024 0.01%
DEUTSCHE BOERSE AG 0.01%
DIAMONDBACK ENERGY INC 04.7500 11/01/2024 0.01%
DOLLAR GENERAL CORP 03.2500 04/15/2023 0.01%
EL PASO NATURAL GAS 08.3750 06/15/2032 0.01%
EMERA US FINANCE LP 03.5500 06/15/2026 0.01%
EMPIRE STATE REALTY TRUST-A 0.01%
ENDEAVOR ENERGY P/P 144A 05.5000 01/30/2026 0.01%
ENDESA S.A. 0.01%
ENERGIZER GAMM P/P 144A 06.3750 07/15/2026 0.01%
ENERGY TRANSFER EQUITY 05.5000 06/01/2027 0.01%
ENERGY TRANSFER PARTNERS 06.1250 12/15/2045 0.01%
ENGIE 0.01%
EP ENER/EVEREST ACQ P/P 144A 08.0000 02/15/2025 0.01%
EQUINOR ASA USD 05.1000 08/17/2040 0.01%
ERAC USA FINANCE LLC P/P 144A 05.6250 03/15/2042 0.01%
FIRST DATA CORP P/P 144A 05.3750 08/15/2023 0.01%
FRAC TECH INTL TLB L+475 06.8259 04/16/2021 0.01%
FREEPORT-MCMORAN INC 05.4500 03/15/2043 0.01%
FREEPORT-MCMORAN INC 06.8750 02/15/2023 0.01%
FRONTIER COMM 11.0000 09/15/2025 0.01%
GARTNER INC P/P 144A 05.1250 04/01/2025 0.01%
GCI LIBERTY I P/P 144A CV 01.7500 09/30/2046 0.01%
GENERAL MOTORS FINL CO 04.0000 01/15/2025 0.01%
GEORGIA-PACIFIC LLC 07.7500 11/15/2029 0.01%
GFL ENVIRONMENTAL P/P 144A 05.3750 03/01/2023 0.01%
GMAC CAPITAL TRUST I PCT 08.0987 0.01%
GRAY TELEVISION INC P/P 144A 05.8750 07/15/2026 0.01%
GSMS 2013-GC12 XA IO 01.5756 06/10/2046 0.01%
HANESBRANDS INC P/P 144A 04.6250 05/15/2024 0.01%
HCA INC 05.0000 03/15/2024 0.01%
HELLENIC REPUBLIC REGS 03.0000 02/24/2023 0.01%
HELLENIC REPUBLIC REGS 03.0000 02/24/2024 0.01%
HELLENIC REPUBLIC REGS 03.0000 02/24/2029 0.01%
HENDERSON LAND DEVELOPMENT 0.01%
HILTON DOMESTIC OPERATIN 04.2500 09/01/2024 0.01%
HOCHTIEF AG 0.01%
HONG KONG EXCHANGES & CLEAR 0.01%
HSBC HOLDINGS PLC 0.01%
ICAHN ENTER/FIN 06.0000 08/01/2020 0.01%
ICAHN ENTERPRISES/FI 06.2500 02/01/2022 0.01%
IPSEN 0.01%
ISTAR INC 05.2500 09/15/2022 0.01%
ISTAR INC 06.0000 04/01/2022 0.01%
JACOBS ENT INC P/P 144A 07.8750 02/01/2024 0.01%
JAGUAR HL / PPDI P/P 144A 06.3750 08/01/2023 0.01%
JAPAN AIRLINES CO LTD 0.01%
JELD-WEN INC P/P 144A 04.6250 12/15/2025 0.01%
JELD-WEN INC P/P 144A 04.8750 12/15/2027 0.01%
JO-ANN STORES TL L+500 07.5094 10/16/2023 0.01%
JOSEPH T RYERSON & S P/P 144A 11.0000 05/15/2022 0.01%
JPMBB 2013-C17 AS 04.4584 01/15/2047 0.01%
JPMCC 2012-LC9 XA IO 01.7006 12/15/2047 0.01%
JPMCC 2013-C16 XA IO 01.2098 12/15/2046 0.01%
KAO CORP 0.01%
KERING 0.01%
KERRY PROPERTIES LTD 0.01%
KEURIG DR PEPPER INC 0.01%
KFC HLD/PIZZA HUT/TA P/P 144A 05.0000 06/01/2024 0.01%
KFC HLD/PIZZA HUT/TA P/P 144A 05.2500 06/01/2026 0.01%
KINDER MORGAN INC 03.1500 01/15/2023 0.01%
KINETIC CONCEPT/KCI P/P 144A 12.5000 11/01/2021 0.01%
KIRIN HOLDINGS CO LTD 0.01%
KKR GROUP FINANCE CO P/P 144A 06.3750 09/29/2020 0.01%
KRATON POLYMERS LLC/ P/P 144A 07.0000 04/15/2025 0.01%
KYUSHU RAILWAY COMPANY 0.01%
L3 TECHNOLOGIES INC 0.01%
L3 TECHNOLOGIES INC 03.8500 12/15/2026 0.01%
LEGRAND FRANCE USD 08.5000 02/15/2025 0.01%
LENNAR CORP 04.7500 11/15/2022 0.01%
LIBERTY MUTUAL GROUP P/P 144A 07.8000 03/15/2037 0.01%
LIVE NATION ENT P/P 144A 04.8750 11/01/2024 0.01%
LLOYDS BANKING GROUP PLC 0.01%
LONDON STOCK EXCHANGE GROUP 0.01%
LOUISIANA-PACIFIC CORPORATION 04.8750 09/15/2024 0.01%
MEDIPAL HOLDINGS CORP 0.01%
MEG ENERGY CORP P/P 144A 06.5000 01/15/2025 0.01%
MERCER INTL INC USD 05.5000 01/15/2026 0.01%
MGM GROWTH/MGM FINANCE 04.5000 01/15/2028 0.01%
MGP ESCROW ISSUER/CO 05.6250 05/01/2024 0.01%
MITSUBISHI GAS CHEMICAL CO 0.01%
MOLINA HEALTHCARE IN 05.3750 11/15/2022 0.01%
MSC 2011-C3 D P/P 144A 05.3257 07/15/2049 0.01%
MSC 2012-C4 AS 03.7730 03/15/2045 0.01%
NATIONSTAR MTG P/P 144A 09.1250 07/15/2026 0.01%
NEIMAN MARCUS TL L+325 05.3703 10/25/2020 0.01%
NEW GOLD INC P/P 144A 06.3750 05/15/2025 0.01%
NOBLE HLDG INTL LTD P/P 144A 07.8750 02/01/2026 0.01%
NOBLE HOLDING INTL LTD USD 07.7500 01/15/2024 0.01%
NOMURA REAL ESTATE HOLDINGS 0.01%
NOVELIS CORP P/P 144A 06.2500 08/15/2024 0.01%
NRG ENERGY INC 07.2500 05/15/2026 0.01%
OASIS PETROLEUM INC 06.8750 03/15/2022 0.01%
OMEGA HLTHCARE INVESTORS 04.9500 04/01/2024 0.01%
OMNICOM GP/OMNICOM CAP 03.6000 04/15/2026 0.01%
ORTHO-CLINICAL INC/S P/P 144A 06.6250 05/15/2022 0.01%
OSHKOSH CORP 05.3750 03/01/2025 0.01%
OUTFRONT MEDIA INC 0.01%
PARAMOUNT GROUP INC 0.01%
PARK-OHIO INDUSTRIES INC 06.6250 04/15/2027 0.01%
PENN NATIONAL GAMING P/P 144A 05.6250 01/15/2027 0.01%
PETSMART INC P/P 144A 07.1250 03/15/2023 0.01%
POLA ORBIS HOLDINGS INC 0.01%
POMEGRANATE MERGER S P/P 144A 09.7500 05/01/2023 0.01%
POPULAR INC 0.01%
QORVO INC P/P 144A 05.5000 07/15/2026 0.01%
QUEBECOR MEDIA INC USD 05.7500 01/15/2023 0.01%
RACKSPACE HOSTING INC L+300 05.3482 11/03/2023 0.01%
RANDSTAD NV 0.01%
RANGE RESOURCES CORP 05.0000 03/15/2023 0.01%
RAYONIER INC 0.01%
REVLON CONS TLB L+350 05.8103 09/07/2023 0.01%
ROYAL BANK OF CANADA USD 04.6500 01/27/2026 0.01%
RTL GROUP 0.01%
S&P GLOBAL INC 04.4000 02/15/2026 0.01%
SABINE PASS LIQUEFACTION 04.2000 03/15/2028 0.01%
SABRE GLBL INC P/P 144A 05.3750 04/15/2023 0.01%
SCENTRE GROUP 0.01%
SEALED AIR CORP 0.01%
SENIOR HOUSING PROP TRUST 0.01%
SERVICE CORP INTL 05.3750 05/15/2024 0.01%
SESI LLC 07.1250 12/15/2021 0.01%
SIEMENS HEALTH 0.01%
SIRIUS XM RADIO INC P/P 144A 06.0000 07/15/2024 0.01%
SM ENERGY CO 05.0000 01/15/2024 0.01%
SM ENERGY CO 06.1250 11/15/2022 0.01%
SM ENERGY CO 06.6250 01/15/2027 0.01%
SPRINGLEAF FINANCE CORP 05.2500 12/15/2019 0.01%
SPRINGLEAF FINANCE CORP 07.1250 03/15/2026 0.01%
STEEL DYNAMICS INC 04.1250 09/15/2025 0.01%
STEEL DYNAMICS INC 05.0000 12/15/2026 0.01%
STERIGENICS-NORDION P/P 144A 06.5000 05/15/2023 0.01%
SUMITOMO MITSUI TRUST HOLDIN 0.01%
SUN HUNG KAI PROPERTIES 0.01%
SUZUKI MOTOR CORP 0.01%
SWISSCOM AG-REG 0.01%
T-MOBILE USA INC 04.5000 02/01/2026 0.01%
T-MOBILE USA INC. 04.0000 04/15/2022 0.01%
TALOS PRODUCTION LLC P/P 144A 11.0000 04/03/2022 0.01%
TAPESTRY INC 0.01%
TARGA RES PRTNRS 05.3750 02/01/2027 0.01%
TEACHERS INSUR & ANN P/P 144A 04.9000 09/15/2044 0.01%
TECK RESOURCES LIMITED USD 03.7500 02/01/2023 0.01%
TENET HEALTHCARE CORP 08.1250 04/01/2022 0.01%
TENNECO INC 05.3750 12/15/2024 0.01%
THE NEIMAN MARCUS GROUP LLC 07.1250 06/01/2028 0.01%
TRANSDIGM INC 06.5000 05/15/2025 0.01%
TRANSOCEAN PONTUS LT P/P 144A 06.1250 08/01/2025 0.01%
TRI POINTE GROUP / HOMES 05.8750 06/15/2024 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 MEXICAN STATES USD 04.0000 10/02/2023 0.01%
UNIVAR INC 0.01%
UNIVAR USA INC P/P 144A 06.7500 07/15/2023 0.01%
UNIVISION COMM P/P 144A 05.1250 02/15/2025 0.01%
UNIVISION TLC5 L+275 04.8259 03/15/2024 0.01%
USG CORP P/P 144A 05.5000 03/01/2025 0.01%
VERMILION ENERGY INC P/P 144A 05.6250 03/15/2025 0.01%
VERTIV INT HOLD CORP P/P 144A 12.0000 02/15/2022 0.01%
WALGREENS BOOTS ALLIANCE 03.3000 11/18/2021 0.01%
WARNER MEDIA LLC 02.9500 07/15/2026 0.01%
WEATHERFORD INTL LLC P/P 144A 09.8750 03/01/2025 0.01%
WEEKLEY HOMES LLC 06.0000 02/01/2023 0.01%
WELLCARE HEALTH PLANS 05.2500 04/01/2025 0.01%
WELLCARE HLTH PLANS P/P 144A 05.3750 08/15/2026 0.01%
WFRBS 2011-C5 XA IO P/P 144A 01.9017 11/15/2044 0.01%
WFRBS 2012-C10 XA IO P/P 144A 01.7164 12/15/2045 0.01%
WFRBS 2012-C6 AS 03.8350 04/15/2045 0.01%
WFRBS 2012-C9 XA IO P/P 144A 02.0476 11/15/2045 0.01%
WFRBS 2013-C15 C 04.6207 08/15/2046 0.01%
WH GROUP LTD 0.01%
WINDSTREAM SRVC / P/P 144A 09.0000 06/30/2025 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%
WOLTERS KLUWER 0.01%
WOLVERINE WORLD WIDE P/P 144A 05.0000 09/01/2026 0.01%
WP CAREY INC 0.01%
WP CAREY INC 04.6000 04/01/2024 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%
1011778 BC / NEW RED P/P 144A 04.6250 01/15/2022 0.00%
3.05 R ISWP FWD US0003M P 12/19/2020 0.00%
3.10 R ISWP FWD US0003M P 12/19/2023 0.00%
3.15 R ISWP FWD US0003M P 12/19/2028 0.00%
3.20 R ISWP FWD US0003M P 12/19/2048 0.00%
ABBVIE INC 03.6000 05/14/2025 0.00%
AEGON NV 0.00%
ALLERGAN FUNDING SCS USD 03.4500 03/15/2022 0.00%
ALLY FINANCIAL INC 08.0000 12/31/2018 0.00%
ALTRIA GROUP INC. 09.2500 08/06/2019 0.00%
ANHEUSER-BUSCH INBEV FIN 03.6500 02/01/2026 0.00%
ANTERO RESOURCES COR 05.6250 06/01/2023 0.00%
ANTHEM INC 04.6250 05/15/2042 0.00%
APPLE INC 02.1000 05/06/2019 0.00%
ARCELORMITTAL USD 06.1250 06/01/2025 0.00%
ARIZONA PUBLIC SERVICE 04.5000 04/01/2042 0.00%
AT&T INC 03.4000 05/15/2025 0.00%
AT&T INC 04.7500 05/15/2046 0.00%
AUD/USD 10/17/2018 BANKAM 0.00%
AUD/USD 10/17/2018 JPMCB 0.00%
AUSTRALIAN DOLLAR ACCOUNT 0.00%
AVID TECH INC CV 02.0000 06/15/2020 0.00%
BERKSHIRE HATHAWAY FIN 04.3000 05/15/2043 0.00%
BERRY GLOBAL INC 05.5000 05/15/2022 0.00%
BOYD GAMING CORP 06.3750 04/01/2026 0.00%
BP CAPITAL MARKETS PLC USD 04.5000 10/01/2020 0.00%
BRAZILIAN REAL CALL ACCOUNT 0.00%
BROOKFIELD RESID PRO P/P 144A 06.1250 07/01/2022 0.00%
BT GROUP PLC 0.00%
CA TXB-VAR PURP 07.5000 04/01/2034 0.00%
CABLEVISION SYS CORP 08.0000 04/15/2020 0.00%
CAESARS ENTERTAINMENT CORP 0.00%
CBS OUT AMER CAP LLC 05.8750 03/15/2025 0.00%
CELANESE US HOLDINGS LLC 05.8750 06/15/2021 0.00%
CEQUEL COM HLDG I/CA P/P 144A 05.1250 12/15/2021 0.00%
CHARTER COMM OPT LLC 04.9080 07/23/2025 0.00%
CHESAPEAKE ENERGY CORP 05.7500 03/15/2023 0.00%
CHF/USD 12/19/2018 JPMCB 0.00%
CHINA MEDICAL TECH INC USD 04.0000 08/15/2019 0.00%
CINEMARK USA INC 04.8750 06/01/2023 0.00%
CLEAR CHANNEL COMMUN 09.0000 12/15/2019 0.00%
CLEAR CHANNEL TLD L+675 08.8259 01/30/2019 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CG 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CG 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CG 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CG 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CG 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CG 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 ML 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 ML 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CG 0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CS 0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 CG 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 ML 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 MS 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 MS 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 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 CS 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 GS 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 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.7 2047-01-17 500.0 01/17/2047 MS 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 CG 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 CG 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 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 GS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 GS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 GS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 GS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 GS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 JP 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 JP 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 JP 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 JP 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 ML 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 MS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 MS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS 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-.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-.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-.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-.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-.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-.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 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 ML 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 ML 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 ML 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 ML 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS 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%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 ML 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 MS 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 MS 0.00%
COCA-COLA EUROPEAN PARTNERS 0.00%
COLOPLAST-B 0.00%
COMCAST CORP 03.9690 11/01/2047 0.00%
COMM 2014-CR16 XA IO 01.3024 04/10/2047 0.00%
CONCORDIA INTERNATIONAL CORP 0.00%
CONSOLIDATED EDISON CO O 04.2000 03/15/2042 0.00%
CONTINENTAL RESOURCES 05.0000 09/15/2022 0.00%
CPG MERGER SUB LLC P/P 144A 08.0000 10/01/2021 0.00%
CREDIT ACCEPTANC 07.3750 03/15/2023 0.00%
CVS PASS-THROUGH TRUST 06.0360 12/10/2028 0.00%
DAIWA SECURITIES GROUP INC 0.00%
DELTA AIR LINES 2009 1A 07.7500 12/17/2019 0.00%
DELTA MERGER SUB P/P 144A 06.0000 09/15/2026 0.00%
DIAMOND 1 FIN/DIAMON P/P 144A 05.8750 06/15/2021 0.00%
DKK/USD 12/19/2018 CITI 0.00%
DUKE ENERGY CAROLINAS 04.2500 12/15/2041 0.00%
ELDORADO RESORTS INC 07.0000 08/01/2023 0.00%
EMIN RUSSELL 2000 DEC18 RTYZ8 0.00%
ENDO FIN LLC/ENDO FI P/P 144A 05.3750 01/15/2023 0.00%
ENERGY TRANSFER PARTNERS 05.2000 02/01/2022 0.00%
ENERGY TRANSFER PARTNERS 06.5000 02/01/2042 0.00%
EP ENER/EVEREST P/P 144A 08.0000 11/29/2024 0.00%
ESC SEVENTYSEVENERG 06.5000 07/15/2022 0.00%
EUR/USD 12/19/2018 BANKAM 0.00%
EUR/USD 12/19/2018 BCAP-FX 0.00%
EUR/USD 12/19/2018 CITI 0.00%
EUR/USD 12/19/2018 GSFX 0.00%
EUR/USD 12/19/2018 HSBCB 0.00%
EUR/USD 12/19/2018 JPMCB 0.00%
EUR/USD 12/19/2018 RBSF 0.00%
EUR/USD 12/19/2018 SSBT 0.00%
EUR/USD 12/19/2018 UBS 0.00%
FUJITSU LTD 0.00%
GBP/USD 12/19/2018 BANKAM 0.00%
GBP/USD 12/19/2018 BCAP-FX 0.00%
GBP/USD 12/19/2018 CITI 0.00%
GBP/USD 12/19/2018 GSFX 0.00%
GBP/USD 12/19/2018 JPMCB 0.00%
GBP/USD 12/19/2018 SSBT 0.00%
GENERAL MOTORS FINL CO 04.3000 07/13/2025 0.00%
HALCON RESOURCES CORP 0.00%
HALCON RESOURCES CORP - WARRA 0.00%
HCA INC. 07.5000 02/15/2022 0.00%
HELLENIC REPUBLIC REGS 03.0000 02/24/2038 0.00%
HESS CORP 07.3000 08/15/2031 0.00%
HKD/USD 11/19/2018 BANKAM 0.00%
HKD/USD 11/19/2018 BCAP-FX 0.00%
HOSPITALITY PROPERTIES T 04.5000 03/15/2025 0.00%
IBERDROLA INTL BV USD 06.7500 07/15/2036 0.00%
ILS/USD 10/17/2018 SSBT 0.00%
INFOR US INC P/P 144A 05.7500 08/15/2020 0.00%
INTELSAT JACKSON HLD P/P 144A 08.0000 02/15/2024 0.00%
INTERNATIONAL PAPER CO 08.7000 06/15/2038 0.00%
INTL LEASE FINANCE CORP 05.8750 08/15/2022 0.00%
JPY/USD 11/19/2018 GSFX 0.00%
JPY/USD 11/19/2018 JPMCB 0.00%
KINDER MORGAN ENER PART 03.5000 03/01/2021 0.00%
KINDER MORGAN ENER PART 05.4000 09/01/2044 0.00%
KONINKLIJKE KPN N.V. USD 08.3750 10/01/2030 0.00%
KONINKLIJKE PHILIPS NV 0.00%
LAMB WESTON HOLDINGS P/P 144A 04.6250 11/01/2024 0.00%
LENNAR CORP 05.8750 11/15/2024 0.00%
LENNAR CORPORATION 04.7500 04/01/2021 0.00%
MALLINCKRODT FIN/SB P/P 144A 05.5000 04/15/2025 0.00%
MATTAMY GROUP CORP P/P 144A 06.8750 12/15/2023 0.00%
MEG ENERGY CORP P/P 144A 06.3750 01/30/2023 0.00%
MEG ENERGY CORP P/P 144A 07.0000 03/31/2024 0.00%
MERCER INTL INC USD 07.7500 12/01/2022 0.00%
MGM RESORTS INTERNATIONAL 06.7500 10/01/2020 0.00%
MID-AMERICA APARTMENTS 04.3000 10/15/2023 0.00%
MOLINA HEALTHCARE IN P/P 144A 04.8750 06/15/2025 0.00%
N TX HWY-TXB-B 06.7180 01/01/2049 0.00%
NABORS INDUSTRIES INC. 05.5000 01/15/2023 0.00%
NEW GOLD INC P/P 144A 06.2500 11/15/2022 0.00%
NEWFIELD EXPLORATION CO 05.7500 01/30/2022 0.00%
NEXON CO LTD 0.00%
NEXT PLC 0.00%
NINE POINT ENERGY CNV PRF 0.00%
NINE POINT ENERGY COM 0.00%
NOK/USD 12/19/2018 BCAP-FX 0.00%
NOK/USD 12/19/2018 JPMCB 0.00%
NUTRIEN LTD USD 05.2500 01/15/2045 0.00%
NVR INC 03.9500 09/15/2022 0.00%
NZD/USD 10/17/2018 WPAC 0.00%
OASIS PETROLEUM INC 06.8750 01/15/2023 0.00%
OH UNIV-TXB-C-BABS 04.9100 06/01/2040 0.00%
PACKAGING CORP OF AMERIC 04.5000 11/01/2023 0.00%
PACKAGING CORP OF AMERICA 03.9000 06/15/2022 0.00%
PENSKE AUTO GRP INC 05.7500 10/01/2022 0.00%
PENSKE AUTOMOTIVE GROUP 05.3750 12/01/2024 0.00%
PETROLEOS DE VEN P/P 144A 06.0000 11/15/2026 0.00%
POUND STERLING CALL ACCOUNT 0.00%
POWERWAVE TECHNOLOGIES CV 03.8750 10/01/2027 0.00%
PROOFPOINT INC 0.00%
PRUDENTIAL FINANCIAL INC 06.6250 06/21/2040 0.00%
PULTEGROUP INC 05.5000 03/01/2026 0.00%
ROGERS COMMUNICATIONS IN USD 04.5000 03/15/2043 0.00%
ROSE ROCK MIDSTREAM/ 05.6250 11/15/2023 0.00%
S&P MID 400 EMINI DEC18 FAZ8 0.00%
S&P500 EMINI FUT DEC18 ESZ8 0.00%
SANDRIDGE ENERGY INC 0.00%
SCHRODERS PLC 0.00%
SEK/USD 12/19/2018 GSFX 0.00%
SEK/USD 12/19/2018 JPMCB 0.00%
SEVEN GENERATIONS EN P/P 144A 06.7500 05/01/2023 0.00%
SGD/USD 11/19/2018 JPMCB 0.00%
SOUTH32 LTD 0.00%
SPECTRUM BRANDS INC 05.7500 07/15/2025 0.00%
SPECTRUM BRANDS INC 06.1250 12/15/2024 0.00%
SPRINT CORP 07.2500 09/15/2021 0.00%
STANDARD IND INC P/P 144A 04.7500 01/15/2028 0.00%
STEEL DYNAMICS INC 05.5000 10/01/2024 0.00%
STOCKLAND 0.00%
SWIRE PROPERTIES LTD 0.00%
T-MOBILE USA INC 06.0000 03/01/2023 0.00%
T-MOBILE USA INC 06.3750 03/01/2025 0.00%
TAISHO PHARMACEUTICAL HOLDIN 0.00%
TECK RESOURCES LTD P/P 144A 08.5000 06/01/2024 0.00%
THE AES CORPORATION 04.8750 05/15/2023 0.00%
THE EURO EUR CALL ACCOUNT 0.00%
TOWNSQUARE MEDIA INC P/P 144A 06.5000 04/01/2023 0.00%
TXU TCEH RIGHTS 0.00%
UNITED AIR 2014-2 A PTT 03.7500 09/03/2026 0.00%
US 10YR NOTE (CBT)DEC18 TYZ8 0.00%
US 2YR NOTE (CBT) DEC18 TUZ8 0.00%
US 5YR NOTE (CBT) DEC18 FVZ8 0.00%
US LONG BOND(CBT) DEC18 USZ8 0.00%
VISTRA ENERGY CORP 07.6250 11/01/2024 0.00%
WALT DISNEY COMPANY/THE 02.7500 08/16/2021 0.00%
WEATHERFORD BERMUDA 08.2500 06/15/2023 0.00%
WESTROCK MWV LLC 07.9500 02/15/2031 0.00%
WEYERHAEUSER CO 07.3750 03/15/2032 0.00%
WM MORRISON SUPERMARKETS 0.00%
WYNDHAM DESTINATIONS INC 05.7500 04/01/2027 0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.01%

Prior top holdings

Top holdings as of 10/31/18
Putnam Retirement Advantage GAA Income Strategies Trust 100.04%
Top holdings as of 09/30/18
Putnam Retirement Advantage GAA Income Strategies Trust 100.04%
Top holdings as of 08/31/18
Putnam Retirement Advantage GAA Income Strategies Trust 100.04%
Top holdings as of 07/31/18
Putnam Retirement Advantage GAA Income Strategies Trust 100.04%

Consider these risks before investing: International investing involves currency, economic, and political risks. Emerging-market securities carry illiquidity and volatility risks. Investments in small and/or midsize companies increase the risk of greater price fluctuations. Lower-rated bonds may offer higher yields in return for more risk. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk and the risk that they may increase in value less when interest rates decline and decline in value more when interest rates rise. Money market options are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other governmental agency. Although the funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds. 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 greater for longer-term bonds, and credit risk is greater for below-investment-grade bonds. Risks associated with derivatives include increased investment exposure (which may be considered leverage) and, in the case of over-the-counter instruments, the potential inability to terminate or sell derivative positions and the potential failure of the other party to the instrument to meet its obligations. Unlike bonds, funds that invest in bonds have fees and expenses. You can lose money by investing in the funds.

Consider these risks before investing: International investing involves currency, economic, and political risks. Emerging-market securities carry illiquidity and volatility risks. Investments in small and/or midsize companies increase the risk of greater price fluctuations. Lower-rated bonds may offer higher yields in return for more risk. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk and the risk that they may increase in value less when interest rates decline and decline in value more when interest rates rise. Money market options are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other governmental agency. Although the funds seek to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in these funds. 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 greater for longer-term bonds, and credit risk is greater for below-investment-grade bonds. Risks associated with derivatives include increased investment exposure (which may be considered leverage) and, in the case of over-the-counter instruments, the potential inability to terminate or sell derivative positions and the potential failure of the other party to the instrument to meet its obligations. Unlike bonds, funds that invest in bonds have fees and expenses. You can lose money by investing in the funds.