Dynamic Risk Allocation Fund (Class A)  (PDREX)

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 $11.19
-0.09% | $-0.01
$11.80
01/26/18
$11.00
02/08/18
Historical fund price

Fund facts as of 09/30/18

Total net assets
$154.45M
Turnover (fiscal year end)
313%
Dividend frequency
Annually
Number of holdings
1389
Fiscal year-end
May
CUSIP / Fund code
746764240 / 0079
Inception date
09/19/11
Category
Asset Allocation
Open to new investors
Ticker
PDREX

Management team

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


Literature


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.
Constrained credit threatens growth
Stock market rallies often need to climb a wall of worry, and we see that wall getting higher.

Performance

Consistency of positive performance over five years

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

Performance shown above 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 see below.

4.96%

Best 5-year annualized return

(for period ending 06/30/18)


3.26%

Worst 5-year annualized return

(for period ending 09/30/17)


3.99%

Average 5-year annualized return


  • 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. Life (inception: 09/19/11 )
Before sales charge 6.01% 7.26% 4.45% 4.91%
After sales charge -0.08% 5.16% 3.22% 4.03%
Custom Dynamic Risk Allocation Index 7.23% 7.95% 4.00% --

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, and 4.00% and 3.25% for income funds (2.25% and 0.75% for Putnam Short Duration Bond Fund and 1.00% and 0.75% for Putnam Floating Rate Income Fund, Putnam Fixed Income Absolute Return Fund, and Putnam Short-Term Municipal Income 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, Putnam Short Duration Bond Fund, Putnam Fixed Income Absolute Return Fund, and Putnam Short-Term Municipal Income Fund, which is 1% in the first year, declining to 0.5% in the second 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, 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). 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. For a portion of the period, some funds had expenses 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 09/30/18 0.78 % -5.02 %
YTD as of 10/22/18 -3.12 % -8.69 %

Risk-adjusted performance as of 09/30/18

Alpha (3 yrs.) 0.14
Sharpe ratio (3 yrs.) 1.16
Treynor ratio (3 yrs.) 7.35
Information ratio (3 yrs.) -0.30

Volatility as of 09/30/18

Standard deviation (3 yrs.) 5.59%
Beta 0.88
R-squared 0.84

Capture ratio as of 09/30/18

Up-market (3 yrs.) 95.68
Down-market (3 yrs.) 103.13

Lipper rankings as of 09/30/18

Time period Rank/Funds in category Percentile ranking
1 yr. 49/267 19%
3 yrs. 57/235 25%
5 yrs. 46/198 24%
10 yrs. --  
Lipper category: Alternative Global Macro Funds

Morningstar Ratings as of 09/30/18

Time period Funds in category Morningstar Rating
Overall 439
3 yrs. 439
5 yrs. 355
Morningstar category: Allocation--30% to 50% Equity

Distributions

Record/Ex dividend date 12/18/17
Payable date 12/20/17
Income $0.315
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.


Holdings

Top 10 holdings as of 09/30/18

S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019 2.94%
S&P Gsci Total Return Index 3x Note 11/5/2018 2.18%
Fnma Fn30 Tba 04.0000 11/01/2048 1.96%
Gnma Gii30 Tba 03.5000 10/01/2048 1.93%
Fnma Fn30 Tba 03.0000 10/01/2048 1.86%
S&P Gsci TOT Return Indx 3X Note 08/20/2019 1.27%
S&P Gsci 3x Note 04/01/2019 1.18%
JPMorgan Chase 0.82%
Alphabet 0.75%
Apple 0.72%
Top 10 holdings, percent of portfolio 15.61%

Full portfolio holdings as of 06/30/18

S&P GSCI 3 MONTH FORWARD INDEX TR 3X NOTE 9/7/2018 3.54%
S&P GSCI TOTAL RETURN INDEX 3X NOTE 11/5/2018 2.13%
FNMA FN30 TBA 04.0000 07/01/2048 1.97%
GNMA GII30 TBA 03.5000 08/01/2048 1.93%
FNMA FN30 TBA 03.0000 08/01/2048 1.87%
S&P GSCI TOT RETURN INDX 3X NOTE 7/23/2018 1.52%
S&P GSCI 3X NOTE 04/01/2019 1.15%
S&P GSCI TOTAL RETURN INDEX 3X NOTE 09/04/2018 0.79%
JPMORGAN CHASE & CO 0.75%
ALPHABET INC-CL A 0.70%
FNMA FN30 TBA 06.0000 07/01/2048 0.70%
FNMA FN15 TBA 03.0000 07/01/2033 0.64%
APPLE INC 0.59%
INTUIT INC 0.59%
MCDONALD'S CORP 0.53%
TEXAS INSTRUMENTS INC 0.53%
OCCIDENTAL PETROLEUM CORP 0.52%
HUMANA INC 0.51%
AMERICAN EXPRESS CO 0.50%
COGNIZANT TECH SOLUTIONS-A 0.49%
DANAHER CORP 0.49%
RAYTHEON COMPANY 0.49%
CONSTELLATION BRANDS INC-A 0.48%
NORTHROP GRUMMAN CORP 0.48%
TJX COMPANIES INC 0.48%
EXXON MOBIL CORP 0.47%
ISHARES MSCI INDIA ETF 0.45%
PNC FINANCIAL SERVICES GROUP 0.45%
EBAY INC 0.44%
LOWES COMPANIES INC 0.44%
PFIZER INC 0.43%
AMERICAN ELECTRIC POWER 0.42%
SAMSUNG ELECTRONICS CO LTD 0.40%
HONEYWELL INTERNATIONAL INC 0.39%
BAXTER INTERNATIONAL INC 0.37%
EQUITY RESIDENTIAL TR REIT 0.35%
KIMBERLY-CLARK CORP 0.35%
JOHNSON & JOHNSON 0.34%
RU10INTR P US0003M R 06/13/19 BA 0.34%
MICROSOFT CORP 0.33%
NORFOLK SOUTHERN CORP 0.33%
DUKE ENERGY CORP 0.32%
FACEBOOK INC-A 0.32%
NETAPP INC 0.32%
ALLSTATE CORP 0.31%
F5 NETWORKS INC 0.31%
FIDELITY NATIONAL INFO SERV 0.31%
WALT DISNEY CO/THE 0.31%
MARATHON PETROLEUM CORP 0.30%
HP INC 0.29%
SYSCO CORP 0.28%
VERIZON COMMUNICATIONS INC 0.28%
GENERAL DYNAMICS CORP 0.26%
AT&T INC 0.25%
ROSS STORES INC 0.25%
SIMON PROPERTY GROUP INC 0.25%
KINDER MORGAN INC 0.24%
RED HAT INC 0.24%
VALERO ENERGY CORP 0.24%
HARRIS CORP 0.23%
NOVARTIS AG-REG 0.23%
APPLIED MATERIALS INC 0.22%
CME GROUP INC 0.22%
EXELON CORP 0.22%
FISERV INC 0.22%
MERCK & CO. INC. 0.22%
ROCHE HOLDING AG-GENUSSCHEIN 0.22%
UNITEDHEALTH GROUP INC 0.22%
WASTE MANAGEMENT INC 0.22%
COMMONWEALTH BK AUST P/P 144A 02.2000 11/09/2020 0.21%
CROWN HOLDINGS INC 0.21%
TENCENT HOLDINGS LTD 0.21%
TOTAL SA 0.21%
ZOETIS INC 0.21%
CAS 2016-C03 2M2 07.9911 10/25/2028 0.20%
MONSTER BEVERAGE CORP 0.20%
ROYAL DUTCH SHELL PLC-B SHS 0.20%
SPST 2018-1 A 02.8613 04/24/2019 0.20%
L3 TECHNOLOGIES INC 0.19%
LOEWS CORP 0.19%
PUBLIC STORAGE 0.19%
TRAVELERS COS INC/THE 0.19%
WORLDPAY INC-CLASS A 0.19%
PETROBRAS GLOBAL FINANCE USD 06.2500 03/17/2024 0.18%
PROCTER & GAMBLE CO/THE 0.18%
PROLOGIS INC 0.18%
SUNTRUST BANKS INC 0.18%
WESTPAC BANKING CORP USD 02.1500 03/06/2020 0.18%
AMAZON.COM INC 0.17%
MAXIM INTEGRATED PRODUCTS 0.17%
PVH CORP 0.17%
SK HYNIX INC 0.17%
SKANDINAVISKA ENSKIL P/P 144A 02.6250 11/17/2020 0.17%
US BANCORP 0.17%
US FOODS HOLDING CORP 0.17%
AGNC INVESTMENT CORP 0.16%
ALLIANZ SE-REG 0.16%
ANNALY CAPITAL MANAGEMENT IN 0.16%
APPLE INC 02.1000 05/06/2019 0.16%
BANQUE FED CRED MUTU P/P 144A 02.2000 07/20/2020 0.16%
BHP BILLITON LIMITED 0.16%
HERSHEY CO/THE 0.16%
KANSAS CITY SOUTHERN 0.16%
NATIONAL AUSTRALIA BK/NY 02.5000 01/12/2021 0.16%
SHERWIN-WILLIAMS CO/THE 0.16%
SIEMENS FINANCIERING P/P 144A 02.2000 03/16/2020 0.16%
SPST 2018-3 A 02.7911 07/24/2019 0.16%
AMGEN INC 0.15%
ARGENTINE REPUBLIC USD 07.5000 04/22/2026 0.15%
CHINA CONSTRUCTION BANK-H 0.15%
EPR PROPERTIES 0.15%
EXXON MOBIL CORPORATION 02.2220 03/01/2021 0.15%
FORMOSA CHEMICALS & FIBRE 0.15%
GOLDMAN SACHS GROUP INC 02.6000 12/27/2020 0.15%
SERVICE CORP INTL 05.3750 05/15/2024 0.15%
SPY 20190621 P 245.00JPMCB 0.15%
TOTAL CAPITAL INTL SA USD 02.7500 06/19/2021 0.15%
ALIBABA GROUP HOLDING-SP ADR 0.14%
AVALONBAY COMMUNITIES INC 0.14%
BOOKING HOLDINGS INC 0.14%
KDDI CORP 0.14%
ORACLE CORPORATION 02.2500 10/08/2019 0.14%
PHILLIPS 66 0.14%
PINNACLE FOODS INC 0.14%
SPST 2017-6 A 02.6613 11/24/2018 0.14%
SUMITOMO MITSUI FINANCIAL GR 0.14%
SYNOPSYS INC 0.14%
UNITED TECHNOLOGIES CORP 01.9000 05/04/2020 0.14%
ALTICE FRANCE SA P/P 144A 06.0000 05/15/2022 0.13%
AVERY DENNISON CORP 0.13%
BANK OF AMERICA CORP 06.1100 01/29/2037 0.13%
BASF SE 0.13%
CAS 2015-C04 1M2 07.7911 04/25/2028 0.13%
CAS 2015-C04 2M2 07.6411 04/25/2028 0.13%
CLEAR CHANNEL COMMUN 09.0000 12/15/2019 0.13%
CWALT 2006-OA7 1A2 02.4981 06/25/2046 0.13%
ENEL SPA 0.13%
ENI SPA 0.13%
HITACHI LTD 0.13%
IND & COMM BK OF CHINA-H 0.13%
KONINKLIJKE AHOLD DELHAIZE N 0.13%
LIBERTY PROPERTY TRUST 0.13%
LLOYDS BANKING GROUP PLC USD 07.5000 04/30/2049 0.13%
MIZUHO FINANCIAL GROUP INC 0.13%
NEW RESIDENTIAL INVESTMENT 0.13%
PERTAMINA PERSERO PT P/P 144A 04.3000 05/20/2023 0.13%
PETROLEOS MEXICANOS USD 04.5000 01/23/2026 0.13%
REPSOL SA 0.13%
RUSSIAN FEDERATION P/P 144A 04.3750 03/21/2029 0.13%
SPRINT CORP 07.2500 09/15/2021 0.13%
UBS AG LONDON P/P 144A 02.2000 06/08/2020 0.13%
UBS GROUP FUNDIN P/P 144A 02.6500 02/01/2022 0.13%
WELLTOWER INC 0.13%
ALTRIA GROUP INC 0.12%
AMERICAN INTL GROUP 08.1750 05/15/2058 0.12%
ASTELLAS PHARMA INC 0.12%
BOSTON PROPERTIES INC 0.12%
CAMDEN PROPERTY TRUST 0.12%
CDK GLOBAL INC 0.12%
CENTRAL JAPAN RAILWAY CO 0.12%
DELL TECHNOLOGIES INC-CL V 0.12%
DUKE REALTY CORP 0.12%
EQUINOR ASA 0.12%
FRESENIUS MEDICAL CARE AG & 0.12%
HOST HOTELS & RESORTS INC 0.12%
HOYA CORP 0.12%
LEGAL & GENERAL GROUP PLC 0.12%
MICHAEL KORS HOLDINGS LTD 0.12%
MUENCHENER RUECKVER AG-REG 0.12%
NIPPON TELEGRAPH & TELEPHONE 0.12%
SAINSBURY (J) PLC 0.12%
SANDVIK AB 0.12%
SPY 20190517 P 240.00BANKAM 0.12%
VINCI SA 0.12%
ABBVIE INC 0.11%
AGEAS 0.11%
ANHEUSER-BUSCH INBEV FIN 04.9000 02/01/2046 0.11%
ARCELORMITTAL 0.11%
AXA SA 0.11%
CK ASSET HOLDINGS LTD 0.11%
COVESTRO AG 0.11%
CSC HOLDINGS LLC 05.2500 06/01/2024 0.11%
DNB NOR ASA 0.11%
ENERGY TRANSFER EQUITY L.P. 05.8750 01/15/2024 0.11%
ERAC USA FINANCE LLC P/P 144A 07.0000 10/15/2037 0.11%
EXTRA SPACE STORAGE INC 0.11%
FIAT CHRYSLER AUTOMOBILES NV 0.11%
FORD MOTOR CO 0.11%
GALAXY ENT GRP L 0.11%
GSMS 2010-C1 D P/P 144A 06.1964 08/10/2043 0.11%
ITOCHU CORP 0.11%
JPMORGAN CHASE & CO 03.9640 11/15/2048 0.11%
MICROSOFT CORP 01.5500 08/08/2021 0.11%
NBCUNIVERSAL MEDIA LLC 04.3750 04/01/2021 0.11%
ORIX CORP 0.11%
PETROLEOS MEXICANOS USD 06.5000 03/13/2027 0.11%
PEUGEOT SA 0.11%
RESONA HOLDINGS INC 0.11%
RIO TINTO PLC 0.11%
SPY 20190315 P 245.00JPMCB 0.11%
VOLVO AB-B SHS 0.11%
ABN AMRO GROUP NV-CVA 0.10%
ACS ACTIVIDADES 0.10%
AMAZON.COM INC 03.3000 12/05/2021 0.10%
ANGLO AMER PLC 0.10%
BNP PARIBAS 0.10%
CHINA PETROLEUM & CHEMICAL-H 0.10%
CISCO SYSTEMS INC 02.2000 02/28/2021 0.10%
ECOLAB INC 0.10%
ELI LILLY & CO 0.10%
ESSEX PROPERTY TRUST INC 0.10%
GLAXOSMITHKLINE PLC 0.10%
HYATT HOTELS CORP - CL A 0.10%
JPMBB 2014-C22 XA IO 01.0462 09/15/2047 0.10%
MITSUI AND CO LTD 0.10%
OLD REPUBLIC INTL CORP 0.10%
PARK HOTELS & RESORTS INC 0.10%
PERSIMMON PLC 0.10%
SCIENTIFIC GAMES INT 10.0000 12/01/2022 0.10%
SIRIUS XM RADIO INC P/P 144A 05.0000 08/01/2027 0.10%
SPRINT COMMUNICATIONS INC. 07.0000 08/15/2020 0.10%
SPY 20190118 P 250.00CITI 0.10%
TAIWAN SEMICONDUCTOR MANUFAC 0.10%
TAIWAN SEMICONDUCTOR-SP ADR 0.10%
TAYLOR WIMPEY PLC 0.10%
UDR INC 0.10%
WOOLWORTHS GROUP LTD 0.10%
ZAYO GROUP HOLDINGS INC 0.10%
AES CORP/THE 05.5000 04/15/2025 0.09%
ALTRIA GROUP INC 02.6250 01/14/2020 0.09%
AMADEUS IT GROUP SA 0.09%
ANHEUSER-BUSCH INBEV FIN 02.6500 02/01/2021 0.09%
ANTHEM INC 0.09%
BERKELEY GROUP HOLDINGS/THE 0.09%
CELGENE CORP 0.09%
CVS HEALTH CORP 02.2500 12/05/2018 0.09%
DIAMOND 1 FIN/DIAMON P/P 144A 05.4500 06/15/2023 0.09%
ENERGY TRANSFER PARTNERS 06.6250 02/15/2028 0.09%
GAMING AND LEISURE PROPERTIE 0.09%
GGP INC 0.09%
GILEAD SCIENCES INC 0.09%
GOLDMAN SACHS GROUP INC 02.3000 12/13/2019 0.09%
HILTON WORLDWIDE FIN LLC 04.8750 04/01/2027 0.09%
IHS MARKIT LTD P/P 144A 04.7500 02/15/2025 0.09%
INDUSTRIAL BANK OF KOREA 0.09%
INFOR SOFTWARE P/P 144A 07.1250 05/01/2021 0.09%
LAMB WESTON HOLDINGS P/P 144A 04.8750 11/01/2026 0.09%
MAPLE ESCROW SUB P/P 144A 04.5970 05/25/2028 0.09%
MARUBENI CORP 0.09%
PROVINCIA DE CORDOBA P/P 144A 07.1250 08/01/2027 0.09%
RECORDATI SPA 0.09%
REP OF ARGENTINA USD 06.8750 01/26/2027 0.09%
ROYAL BANK OF CANADA USD 02.2000 07/27/2018 0.09%
SHIONOGI & CO LTD 0.09%
SK TELECOM 0.09%
SL GREEN REALTY CORP 0.09%
SPY 20190418 P 235.00BANKAM 0.09%
STARWOOD PROPERTY TRUST INC 0.09%
SWISSCOM AG-REG 0.09%
TENAGA NASIONAL BHD 0.09%
TPAT 2018-SL1 A P/P 144A 02.6911 01/25/2046 0.09%
TUI AG-DI 0.09%
VIDEOTRON LTD / LTEE P/P 144A 05.1250 04/15/2027 0.09%
WALMART DE MEXICO SAB DE CV 0.09%
21ST CENTURY FOX AMERICA 07.7500 12/01/2045 0.08%
AGRICULTURAL BANK OF CHINA-H 0.08%
ALEXANDRIA REAL ESTATE EQUIT 0.08%
ALLY FINANCIAL INC 08.0000 11/01/2031 0.08%
ANHUI CONCH CEMENT CO LTD-H 0.08%
BWAY HOLDING CO P/P 144A 07.2500 04/15/2025 0.08%
BWX TECHNOLOGIES INC 0.08%
CITIGROUP INC 02.6500 10/26/2020 0.08%
COUNTRY GARDEN HOLDINGS CO 0.08%
CSMC 2016-NXSR C 04.5081 12/15/2049 0.08%
DIAMOND 1 FIN/DIAMON P/P 144A 07.1250 06/15/2024 0.08%
EQUINIX INC 0.08%
EQUITY LIFESTYLE PROPERTIES 0.08%
FAURECIA 0.08%
GOLDMAN SACHS GROUP INC 03.8500 01/26/2027 0.08%
HOME DEPOT INC 0.08%
HYPERA SA 0.08%
INTELSAT JACKSON HLD P/P 144A 09.7500 07/15/2025 0.08%
INTL CONSOLIDATED AIRLINE-DI 0.08%
IRON MOUNTAIN INC 0.08%
JPMORGAN CHASE & CO 03.6250 12/01/2027 0.08%
MACQUARIE GROUP LTD P/P 144A 07.6250 08/13/2019 0.08%
MORGAN STANLEY 03.6250 01/20/2027 0.08%
PTT PCL/FOREIGN 0.08%
ROYAL MAIL PLC 0.08%
SPST 2017-LD1 A 02.8911 11/25/2050 0.08%
SPY 20190215 P 240.00CITI 0.08%
STANDARD IND INC P/P 144A 05.0000 02/15/2027 0.08%
SWEDISH MATCH AB 0.08%
T-MOBILE USA INC 05.3750 04/15/2027 0.08%
TDK CORP 0.08%
TIM PARTICIPACOES SA 0.08%
TOYOTA MOTOR CORP 0.08%
UCB SA 0.08%
VALEANT PHARMA P/P 144A 06.1250 04/15/2025 0.08%
WAMU 2005-AR12 1A8 03.2781 10/25/2035 0.08%
WH GROUP LTD 0.08%
3I GROUP PLC 0.07%
AMDOCS LTD 0.07%
ARKEMA 0.07%
ASSOCIATED BRITISH FOODS PLC 0.07%
BANK OF COMMUNICATIONS - H 0.07%
BRISTOL-MYERS SQUIBB CO 0.07%
CHENIERE CORP CHRIST 05.1250 06/30/2027 0.07%
CHESAPEAKE ENERGY CORP 08.0000 01/15/2025 0.07%
CHIMERA INVESTMENT CORP 0.07%
COMM 2014-UBS6 C 04.6125 12/10/2047 0.07%
CONCHO RESOURCES INC 03.7500 10/01/2027 0.07%
CORELOGIC INC 0.07%
CPURNSA R 1.76 P 07/08/26 BA 0.07%
DOUGLAS EMMETT INC 0.07%
ENDO FIN LLC/ENDO FI P/P 144A 05.3750 01/15/2023 0.07%
EVONIK INDUSTRIES AG 0.07%
EVRAZ PLC 0.07%
FOSUN INTERNATIONAL 0.07%
GNR 2016-135 PI IO 04.0000 05/20/2046 0.07%
INGREDION INC 0.07%
JPMBB 2014-C22 C 04.7103 09/15/2047 0.07%
LG ELECTRONICS INC 0.07%
LIBERTY MUTUAL GROUP P/P 144A 07.8000 03/15/2037 0.07%
LNSTR 2015-3 B P/P 144A 03.2457 04/20/2048 0.07%
LOTTE CHEMICAL CORP 0.07%
MACQUARIE GROUP LTD 0.07%
MEDICAL PROPERTIES TRUST INC 0.07%
NATIONAL RETAIL PROPERTIES 0.07%
NAVISTAR TLB L+350 04.7500 11/06/2024 0.07%
NESTLE SA-REG 0.07%
NOVELIS CORP P/P 144A 05.8750 09/30/2026 0.07%
NTT DOCOMO INC 0.07%
OMEGA HEALTHCARE INVESTORS 0.07%
PFIZER INC 01.7000 12/15/2019 0.07%
PTT GLOBAL CHEMICAL PCL-FOR 0.07%
REINSURANCE GROUP OF AMERICA 0.07%
SOLERA LLC / SOLERA P/P 144A 10.5000 03/01/2024 0.07%
SUNSTONE HOTEL INVESTORS INC 0.07%
SWISS RE AG 0.07%
TARGA RESOURCES PART P/P 144A 05.0000 01/15/2028 0.07%
TELSTRA CORP LTD 0.07%
UNITED OVERSEAS BANK LTD 0.07%
WELLS FARGO & COMPANY 02.6000 07/22/2020 0.07%
WESTERN DIGITAL CORP 04.7500 02/15/2026 0.07%
WP CAREY INC 0.07%
YY INC-ADR 0.07%
AMERICAN HOME 4 RENT 0.06%
BANCO SANTANDER BRASIL-UNIT 0.06%
BANK OF CHINA LTD-H 0.06%
BERRY GLOBAL GROUP INC 0.06%
BROADRIDGE FINANCIAL SOLUTIO 0.06%
BT GROUP PLC 0.06%
BUILDERS FIRSTSOURCE P/P 144A 05.6250 09/01/2024 0.06%
CCO HLDGS LLC/CAP CO P/P 144A 05.8750 04/01/2024 0.06%
CCO HLDGS LLC/CAP CORP 05.2500 09/30/2022 0.06%
CFCRE 2011-C2 D P/P 144A 05.9467 12/15/2047 0.06%
CHENIERE CORP CHRIST 05.8750 03/31/2025 0.06%
CIA SANEAMENTO BASICO DE SP 0.06%
CITIGROUP INC 03.8870 01/10/2028 0.06%
CLUBCORP HLDG INC P/P 144A 08.5000 09/15/2025 0.06%
COMMSCOPE TECH LLC P/P 144A 06.0000 06/15/2025 0.06%
CONSOLIDATED EDISON COMPANY 07.1250 12/01/2018 0.06%
CPURNSA R 2.1438 P 11/07/27 0.06%
CVS HEALTH CORP 04.7800 03/25/2038 0.06%
ECOLAB INC 04.3500 12/08/2021 0.06%
FIRST DATA CORP P/P 144A 05.7500 01/15/2024 0.06%
FIRSTENERGY TRANSMIS P/P 144A 05.4500 07/15/2044 0.06%
GSMS 2014-GC22 C 04.8003 06/10/2047 0.06%
HCA INC 06.5000 02/15/2020 0.06%
HIGHWOODS PROPERTIES INC 0.06%
INCEPTION MRGR/RACK P/P 144A 08.6250 11/15/2024 0.06%
JACK OHIO FIN LLC/FI P/P 144A 10.2500 11/15/2022 0.06%
KIRIN HOLDINGS CO LTD 0.06%
KRAFT HEINZ FOODS CO 06.8750 01/26/2039 0.06%
LEAR CORP 03.8000 09/15/2027 0.06%
LG UPLUS CORP 0.06%
MICROCHIP TECH INC P/P 144A 04.3330 06/01/2023 0.06%
MSC 2012-C4 C P/P 144A 05.6009 03/15/2045 0.06%
NATL HEALTH INVESTORS INC 0.06%
NEWS CORP - CLASS A 0.06%
NRG ENERGY INC 06.6250 01/15/2027 0.06%
PEACHTREE FUNDING TR P/P 144A 03.9760 02/15/2025 0.06%
PROSIEBENSAT.1 MEDIA SE 0.06%
PULTEGROUP INC. 07.8750 06/15/2032 0.06%
SINCLAIR TELEVISION P/P 144A 05.6250 08/01/2024 0.06%
SIX FLAGS ENT P/P 144A 05.5000 04/15/2027 0.06%
SPIRIT REALTY CAPITAL INC 0.06%
TAISEI CORP 0.06%
TWO HARBORS INVESTMENT CORP 0.06%
UNITEDHEALTH GROUP INC 03.8500 06/15/2028 0.06%
VISTRA ENERGY CORP 07.6250 11/01/2024 0.06%
WESTLAKE CHEM CORP 03.6000 08/15/2026 0.06%
WFRBS 2014-C22 XA IO 01.0395 09/15/2057 0.06%
AGILE GROUP HOLDINGS LTD 0.05%
AKORN INC 0.05%
ALLERGAN PLC 0.05%
ALLY FINANCIAL INC 05.7500 11/20/2025 0.05%
ALTA MESA HLDGS 07.8750 12/15/2024 0.05%
AMERICAN EXPRESS CO 08.1250 05/20/2019 0.05%
APPLE INC 03.8500 05/04/2043 0.05%
ASHTEAD GROUP PLC 0.05%
AT&T INC P/P 144A 04.1000 02/15/2028 0.05%
BANCO ITAU HOLDING PFD 0.05%
BLUELINE RENTAL CRP P/P 144A 09.2500 03/15/2024 0.05%
BMC EAST LLC P/P 144A 05.5000 10/01/2024 0.05%
BMW US CAPITAL LLC P/P 144A 02.0000 04/11/2021 0.05%
BOISE CASCADE CO P/P 144A 05.6250 09/01/2024 0.05%
BOSTON SCIENTIFIC CORP 0.05%
BP CAPITAL MARKETS PLC USD 02.3150 02/13/2020 0.05%
BRAND ENERGY TL L+425 06.6108 06/21/2024 0.05%
BRANDYWINE REALTY TRUST 0.05%
CALPINE CORPORATION 05.7500 01/15/2025 0.05%
CAS 2015-C01 1M2 06.3911 02/25/2025 0.05%
CF INDUSTRIES INC P/P 144A 04.5000 12/01/2026 0.05%
CHINA RAILWAY GROUP LTD-H 0.05%
CHS/COMMUNITY HEALTH SYS 06.2500 03/31/2023 0.05%
CMLTI 2005-2 1A2A 03.8164 05/25/2035 0.05%
COMCAST CORP 06.5000 11/15/2035 0.05%
COMM 2014-LC15 XA IO 01.4647 04/10/2047 0.05%
COMPASS MINERALS INT P/P 144A 04.8750 07/15/2024 0.05%
CORNING INC 0.05%
CPURNSA R 1.858 P 04/07/26 0.05%
DIAMOND RESORTS INTL P/P 144A 07.7500 09/01/2023 0.05%
DIGITAL REALTY TRUST LP 04.4500 07/15/2028 0.05%
FAIRFAX FINL HLDGS P/P 144A 04.8500 04/17/2028 0.05%
GENPACT LTD 0.05%
GLENCORE FUNDING LLC P/P 144A 04.0000 04/16/2025 0.05%
GLENCORE FUNDING LLC P/P 144A 04.6250 04/29/2024 0.05%
GOLDMAN SACHS GROUP INC 04.2230 05/01/2029 0.05%
GREAT LAKES D&D 08.0000 05/15/2022 0.05%
GSMS 2014-GC22 XA IO 01.1598 06/10/2047 0.05%
GUANGZHOU R&F PROPERTIES - H 0.05%
HANA FINANCIAL GROUP 0.05%
HCA INC 05.5000 06/15/2047 0.05%
HUDSON PACIFIC PROPERTIES IN 0.05%
HUSKY TLB L+300 05.2018 03/28/2025 0.05%
ISTAR INC 0.05%
KAO CORP 0.05%
KEYCORP 02.3000 12/13/2018 0.05%
MARINE HARVEST 0.05%
MITSUBISHI CHEMICAL HOLDINGS 0.05%
MORGAN STANLEY 02.6500 01/27/2020 0.05%
MR PRICE GROUP LTD 0.05%
MSRR 2015-R4 CB1 00.5977 08/26/2047 0.05%
NAVISTAR INTL CORP P/P 144A 06.6250 11/01/2025 0.05%
NEWFIELD EXPLORATION CO 05.3750 01/01/2026 0.05%
NEXSTAR BROADC P/P 144A 05.6250 08/01/2024 0.05%
OASIS PETROLEUM INC 06.8750 03/15/2022 0.05%
OMEGA HLTHCARE INVESTORS 04.9500 04/01/2024 0.05%
OTSUKA CORP 0.05%
PARTNERS GROUP HOLDING AG 0.05%
PENSKE AUTOMOTIVE GROUP 05.5000 05/15/2026 0.05%
PETROBRAS GLOBAL FINANCE REGS 05.9990 01/27/2028 0.05%
POLA ORBIS HOLDINGS INC 0.05%
PUB BANK BERHAD 0.05%
ROYAL BANK OF CANADA USD 02.1250 03/02/2020 0.05%
SKF AB-B SHARES 0.05%
SMILES FIDELIDADE SA 0.05%
THE WILLIAMS COMPANIES INC. 08.7500 03/15/2032 0.05%
TRANSDIGM INC 06.3750 06/15/2026 0.05%
US CONCRETE INC 06.3750 06/01/2024 0.05%
VERTEX PHARMACEUTICALS INC 0.05%
WANT WANT CHINA HOLDINGS LTD 0.05%
WASHINGTON PRIME GROUP INC 0.05%
WYNDHAM DESTINATIONS INC 04.5000 04/01/2027 0.05%
WYNN LAS VEGAS P/P 144A 05.2500 05/15/2027 0.05%
ACER INC 0.04%
AENA SME SA 0.04%
AES CORP/THE 05.1250 09/01/2027 0.04%
AIR MEDICAL MERGER S P/P 144A 06.3750 05/15/2023 0.04%
AMAZON.COM INC 03.1500 08/22/2027 0.04%
AMER TRANS SYST P/P 144A 05.0000 09/01/2044 0.04%
AMERICAN TOWER CORP 03.5500 07/15/2027 0.04%
AMGEN INC 02.6000 08/19/2026 0.04%
ANA HOLDINGS INC 0.04%
APERGY CORP P/P 144A 06.3750 05/01/2026 0.04%
APPLE HOSPITALITY REIT INC 0.04%
ARCELORMITTAL USD 07.0000 10/15/2039 0.04%
ASP AMC MERGER SUB P/P 144A 08.0000 05/15/2025 0.04%
AVAYA TLB L+425 06.3232 12/15/2024 0.04%
BANK OF MONTREAL USD 03.1000 04/13/2021 0.04%
BANK OF NOVA SCOTIA USD 02.3500 10/21/2020 0.04%
BECTON DICKINSON AND CO 03.7000 06/06/2027 0.04%
BECTON DICKINSON AND CO 04.6690 06/06/2047 0.04%
BIG RVR STL/FIN P/P 144A 07.2500 09/01/2025 0.04%
BIOGEN INC 03.6250 09/15/2022 0.04%
BOMBARDIER INC P/P 144A 07.5000 12/01/2024 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%
BRIGGS & STRATTON CORPORATION 06.8750 12/15/2020 0.04%
BROADCOM CRP / CAYM 03.5000 01/15/2028 0.04%
CBS RADIO INC P/P 144A 07.2500 11/01/2024 0.04%
CDX CDX.NA.IG.30 100.0 06/20/2023 0.04%
CEC ENT INC 08.0000 02/15/2022 0.04%
CENTENE CORP 06.1250 02/15/2024 0.04%
CEQUEL COM HLDG I/CA P/P 144A 05.1250 12/15/2021 0.04%
CGCMT 2014-GC19 X IO 01.3466 03/10/2047 0.04%
CGCMT 2014-GC21 C 04.7800 05/10/2047 0.04%
CHARLES RIVER LABORATORIES 0.04%
CHARTER COMM OPT LLC 06.4840 10/23/2045 0.04%
CHS/COMMUNITY HEALTH 06.8750 02/01/2022 0.04%
CIT GROUP INC. 05.2500 03/07/2025 0.04%
CITIGROUP INC 03.6680 07/24/2028 0.04%
CITIGROUP INC 04.4500 09/29/2027 0.04%
COCA-COLA AMATIL LTD 0.04%
COMM 2014-UBS6 XA IO 01.1141 12/10/2047 0.04%
CONTINENTAL RESOURCES 04.9000 06/01/2044 0.04%
CORESITE REALTY CORP 0.04%
CORNERSTONE CHEM CO P/P 144A 06.7500 08/15/2024 0.04%
CORPORATE OFFICE PROPERTIES 0.04%
COVEY PARK ENERGY LL P/P 144A 07.5000 05/15/2025 0.04%
CPURNSA R 2.17 P 05/05/27 0.04%
CRC ESCROW ISSUER LL P/P 144A 05.2500 10/15/2025 0.04%
CSC HOLDINGS LLC 06.7500 11/15/2021 0.04%
CVS HEALTH CORP 04.7500 12/01/2022 0.04%
DIGITAL REALTY TRUST INC 0.04%
DISH DBS CORP 05.8750 11/15/2024 0.04%
DONGFENG MOTOR GRP CO LTD-H 0.04%
ECOLAB INC 02.7000 11/01/2026 0.04%
ENDEAVOR ENERGY P/P 144A 05.7500 01/30/2028 0.04%
ENGIE 0.04%
ENTERPRISE PRODUCTS OPER 04.2500 02/15/2048 0.04%
EQT CORP 03.9000 10/01/2027 0.04%
EQUINOR ASA USD 02.9000 11/08/2020 0.04%
FAIRFAX US INC P/P 144A 04.8750 08/13/2024 0.04%
FLEX ACQ CO INC P/P 144A 06.8750 01/15/2025 0.04%
FORD MOTOR COMPANY 04.3460 12/08/2026 0.04%
FORMOSA PLASTICS CORP 0.04%
FREEPORT-MCMORAN INC 06.8750 02/15/2023 0.04%
FRONTIER COMM P/P 144A 08.5000 04/01/2026 0.04%
GATES GLOBAL LLC P/P 144A 06.0000 07/15/2022 0.04%
GEELY AUTOMOBILE HOLDINGS LT 0.04%
GFL ENVIRONMENTAL P/P 144A 07.0000 06/01/2026 0.04%
GLP CAPITAL LP / FIN II 05.3750 04/15/2026 0.04%
GNR 2013-99 AS IO 03.9663 06/20/2043 0.04%
GOLDEN NUGGET INC P/P 144A 06.7500 10/15/2024 0.04%
GRUMA S.A.B.-B 0.04%
HCP INC 0.04%
HESS INFRASTRUCTURE P/P 144A 05.6250 02/15/2026 0.04%
HOLLY ENERGY PARTNE P/P 144A 06.0000 08/01/2024 0.04%
HOME DEPOT INC 02.6250 06/01/2022 0.04%
HONEYWELL INTL 03.8120 11/21/2047 0.04%
HOST HOTELS & RESORTS LP 05.2500 03/15/2022 0.04%
HOWARD HUGHES CORP P/P 144A 05.3750 03/15/2025 0.04%
HUNTINGTON INGALLS INDUSTRIE 0.04%
IMPERIAL HOLDINGS LTD 0.04%
INDIGO NATURAL P/P 144A 06.8750 02/15/2026 0.04%
INDUSTRIVARDEN AB-A SHS 0.04%
INGEVITY CORP P/P 144A 04.5000 02/01/2026 0.04%
INTERCONTINENTAL EXCHANGE IN 0.04%
IRON MOUNTAIN INC P/P 144A 04.8750 09/15/2027 0.04%
JACK OHIO FIN LLC/FI P/P 144A 06.7500 11/15/2021 0.04%
JAPAN AIRLINES CO LTD 0.04%
JPMBB 2013-C14 C 04.7172 08/15/2046 0.04%
KB FINANCIAL GROUP INC 0.04%
KEYENCE CORP 0.04%
KFC HLD/PIZZA HUT/TA P/P 144A 05.2500 06/01/2026 0.04%
KINDER MORGAN INC 03.1500 01/15/2023 0.04%
KUMBA IRON ORE LTD 0.04%
LOUISIANA-PACIFIC CORPORATION 04.8750 09/15/2024 0.04%
LPL HOLDINGS INC P/P 144A 05.7500 09/15/2025 0.04%
MACERICH CO/THE 0.04%
MEREDITH CORP P/P 144A 06.8750 02/01/2026 0.04%
MFA FINANCIAL INC 0.04%
MGM RESORTS INTL 08.6250 02/01/2019 0.04%
MICROSOFT CORP 02.4000 08/08/2026 0.04%
NATIONSTAR MORT/ 06.5000 07/01/2021 0.04%
NEWELL BRANDS INC 04.2000 04/01/2026 0.04%
NIELSEN CO LUXEM P/P 144A 05.0000 02/01/2025 0.04%
NOVARTIS CAPITAL CORP 04.0000 11/20/2045 0.04%
ONCOR ELECTRIC DELIV 03.7500 04/01/2045 0.04%
OSHKOSH CORP 04.6000 05/15/2028 0.04%
OSHKOSH CORP 05.3750 03/01/2025 0.04%
PARK-OHIO INDUSTRIES INC 06.6250 04/15/2027 0.04%
PERKINELMER INC 0.04%
PIEDMONT OFFICE REALTY TRU-A 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%
SABRE GLBL INC P/P 144A 05.3750 04/15/2023 0.04%
SAIL 2004-10 A10 02.9911 11/25/2034 0.04%
SALESFORCE.COM INC 03.7000 04/11/2028 0.04%
SBERBANK PJSC -SPONSORED ADR 0.04%
SCOTTS MIRACLE-GRO CO 0.04%
SUMITOMO MITSUI TRUST HOLDIN 0.04%
SUN HUNG KAI PROPERTIES 0.04%
SWISS RE TREAS P/P 144A 04.2500 12/06/2042 0.04%
TEMPO ACQ LLC/FI P/P 144A 06.7500 06/01/2025 0.04%
TESCO PLC 0.04%
THERMO FISHER SCIENTIFIC INC 0.04%
TITAN ACQ LTD P/P 144A 07.7500 04/15/2026 0.04%
TMS INTL CORP P/P 144A 07.2500 08/15/2025 0.04%
TOPPAN PRINTING CO LTD 0.04%
TTM TECHNOLOGIES INC P/P 144A 05.6250 10/01/2025 0.04%
USIS MERGER SUB INC P/P 144A 06.8750 05/01/2025 0.04%
VALEANT PHARMA P/P 144A 07.0000 03/15/2024 0.04%
VENTAS INC 0.04%
VERIZON COMM 04.5220 09/15/2048 0.04%
WARNER MEDIA LLC 03.8000 02/15/2027 0.04%
WATCO COS LLC/FI P/P 144A 06.3750 04/01/2023 0.04%
WEATHERFORD BERMUDA 09.8750 02/15/2024 0.04%
WERNER FINCO LP/INC P/P 144A 08.7500 07/15/2025 0.04%
WESTROCK MWV LLC 08.2000 01/15/2030 0.04%
WEWORK COS INC P/P 144A 07.8750 05/01/2025 0.04%
WILLIAMS PARTNERS LP 04.3000 03/04/2024 0.04%
WRANGLER BUYER CORP P/P 144A 06.0000 10/01/2025 0.04%
YUANTA FINANCIAL HOLDING CO 0.04%
1011778 BC / NEW RED P/P 144A 04.2500 05/15/2024 0.03%
1011778 BC / NEW RED P/P 144A 05.0000 10/15/2025 0.03%
ABC SUPPLY CO INC P/P 144A 05.7500 12/15/2023 0.03%
ABC-MART INC 0.03%
AGREE REALTY CORP 0.03%
AIG GLOBAL FUNDING P/P 144A 02.1500 07/02/2020 0.03%
AIRASIA GROUP BHD 0.03%
ALLIANCE DATA SYS CO P/P 144A 05.3750 08/01/2022 0.03%
AMER WOODMARK CORP P/P 144A 04.8750 03/15/2026 0.03%
AMGEN INC 04.6630 06/15/2051 0.03%
ANALOG DEVICES INC 02.8500 03/12/2020 0.03%
ANHEUSER-BUSCH INBEV FIN 03.6500 02/01/2026 0.03%
APPLE INC 02.8500 05/06/2021 0.03%
ARAMARK 0.03%
ARC PROP OPER PART L 04.6000 02/06/2024 0.03%
ASCEND LEARNING LLC P/P 144A 06.8750 08/01/2025 0.03%
AT&T INC 03.4000 05/15/2025 0.03%
AT&T INC 04.7500 05/15/2046 0.03%
AUTONATION INC. 05.5000 02/01/2020 0.03%
BANK OF AMERICA CORP 03.2480 10/21/2027 0.03%
BANK OF AMERICA CORP 06.1000 12/29/2049 0.03%
BARLOWORLD LTD 0.03%
BEACON ROOFING SUPPL 06.3750 10/01/2023 0.03%
BERRY GLOBAL INC 05.1250 07/15/2023 0.03%
BIOGEN INC 0.03%
BLUESCOPE STEEL LTD 0.03%
BOMBARDIER INC P/P 144A 08.7500 12/01/2021 0.03%
BP CAPITAL MARKETS PLC USD 01.7680 09/19/2019 0.03%
CALIFORNIA RESOURC TL L+475 06.8379 11/17/2022 0.03%
CANTOR FITZGERALD LP P/P 144A 06.5000 06/17/2022 0.03%
CAS 2016-C02 1M2 08.0911 09/25/2028 0.03%
CBRE SERVICES INC 05.2500 03/15/2025 0.03%
CBS CORP 02.9000 01/15/2027 0.03%
CBS OUT AMER CAP LLC 05.8750 03/15/2025 0.03%
CELANESE US HOLDINGS LLC 04.6250 11/15/2022 0.03%
CGCMT 2012-GC8 XA IO P/P 144A 01.9696 09/10/2045 0.03%
CGCMT 2014-GC19 C 05.0643 03/10/2047 0.03%
CGCMT 2014-GC21 AS 04.0260 05/10/2047 0.03%
CHARTER COMM OPT LLC 05.3750 05/01/2047 0.03%
CIMIC GROUP LTD 0.03%
CINEMARK USA INC 04.8750 06/01/2023 0.03%
CITIGROUP INC 04.6000 03/09/2026 0.03%
CNG HOLDINGS INC P/P 144A 09.3750 05/15/2020 0.03%
CNO FINANCIAL GROUP INC 05.2500 05/30/2025 0.03%
COMM 2014-CR17 XA IO 01.2444 05/10/2047 0.03%
COMMONWEALTH BK AUST P/P 144A 03.1500 09/19/2027 0.03%
COMMSCOPE TECH LLC P/P 144A 05.0000 03/15/2027 0.03%
CONTINENTAL RES 04.5000 04/15/2023 0.03%
CROWNROCK LP/CROWNRO P/P 144A 05.6250 10/15/2025 0.03%
CTBC FINANCIAL HOLDING CO LT 0.03%
DAI NIPPON PRINTING CO LTD 0.03%
DEAN FOODS CO P/P 144A 06.5000 03/15/2023 0.03%
DENBURY RESOURCES IN P/P 144A 09.0000 05/15/2021 0.03%
DEUTSCHE LUFTHANSA-REG 0.03%
DIAMONDBACK ENERGY INC 05.3750 05/31/2025 0.03%
DOW CHEMICAL CO/THE 03.5000 10/01/2024 0.03%
EAGLECLAW MID TL L+425 06.4211 06/30/2024 0.03%
ENBRIDGE INC USD 04.2500 12/01/2026 0.03%
EPR PROPERTIES 05.7500 CUM CV PFD 0.03%
EQUITY COMMONWEALTH 0.03%
ERAC USA FINANCE LLC P/P 144A 05.6250 03/15/2042 0.03%
ESH HOSPITALITY INC P/P 144A 05.2500 05/01/2025 0.03%
EXTRACTION OIL & GAS P/P 144A 05.6250 02/01/2026 0.03%
FIRST DATA CORP P/P 144A 07.0000 12/01/2023 0.03%
FREEDOM MTGE CORP P/P 144A 08.1250 11/15/2024 0.03%
GCP APPLIED TECH P/P 144A 05.5000 04/15/2026 0.03%
GENERAL MOTORS FINL CO 04.0000 10/06/2026 0.03%
GETTY REALTY CORP 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%
GOLDEN NUGGET INC P/P 144A 08.7500 10/01/2025 0.03%
GW HONOS SECURITY CO P/P 144A 08.7500 05/15/2025 0.03%
HCA INC 03.7500 03/15/2019 0.03%
HCA INC 05.2500 06/15/2026 0.03%
HONDA MOTOR CO LTD 0.03%
HOSPITALITY PROP TRUST 04.3750 02/15/2030 0.03%
HSBC HOLDINGS PLC 0.03%
HUB INTL LTD P/P 144A 07.0000 05/01/2026 0.03%
HUNTSMAN INTERNATIONAL LLC 04.8750 11/15/2020 0.03%
HYATT HOTELS CORP 04.8500 03/15/2026 0.03%
INTER RAO UES PJSC 0.03%
INTUITIVE SURGICAL INC 0.03%
IPSEN 0.03%
IRB BRASIL RESSEGUROS SA 0.03%
ITRON INC P/P 144A 05.0000 01/15/2026 0.03%
JO-ANN STORES 2NDL L+925 11.6038 05/21/2024 0.03%
JPMCC 2012-C6 AS 04.1166 05/15/2045 0.03%
JPMORGAN CHASE & CO 05.3000 12/29/2049 0.03%
KCA DEUTAG US FIN LLC L+675 09.0211 03/21/2023 0.03%
KELLOGG CO 03.2500 04/01/2026 0.03%
KINDER MORGAN ENER PART 03.4500 02/15/2023 0.03%
KKR GROUP FINANCE CO P/P 144A 06.3750 09/29/2020 0.03%
LIONS GATE CAP HOLD P/P 144A 05.8750 11/01/2024 0.03%
LLOYDS BANKING GROUP PLC 0.03%
MACQUARIE BANK LTD P/P 144A 02.8500 07/29/2020 0.03%
MEDIPAL HOLDINGS CORP 0.03%
MEG ENERGY CORP P/P 144A 06.5000 01/15/2025 0.03%
MGM RESORTS INTERNATIONAL 06.7500 10/01/2020 0.03%
MICROSOFT CORP 03.3000 02/06/2027 0.03%
MITSUBISHI ELECTRIC CORP 0.03%
MITSUBISHI GAS CHEMICAL CO 0.03%
MORGAN STANLEY 04.3750 01/22/2047 0.03%
MSBAM 2012-C5 AS 03.7920 08/15/2045 0.03%
MSBAM 2014-C18 C 04.4893 10/15/2047 0.03%
NABORS IND INC P/P 144A 05.7500 02/01/2025 0.03%
NBCUNIVERSAL MEDIA LLC 05.1500 04/30/2020 0.03%
NEIMAN MARCUS TL L+325 05.2630 10/25/2020 0.03%
NEUBERGER BERMAN GRP P/P 144A 04.8750 04/15/2045 0.03%
NZD/USD 07/18/2018 UBS 0.03%
OCCIDENTAL PETROLEUM COR 04.4000 04/15/2046 0.03%
OLD MUTUAL LTD 0.03%
OMEGA HLTHCARE INVES 04.5000 04/01/2027 0.03%
OMNICOM GP/OMNICOM CAP 03.6000 04/15/2026 0.03%
ORACLE CORP 02.6500 07/15/2026 0.03%
ORTHO-CLINICAL INC/S P/P 144A 06.6250 05/15/2022 0.03%
PEPSICO INC 0.03%
PETROBRAS GLOBAL FINANCE USD 07.3750 01/17/2027 0.03%
PISCES MIDCO INC P/P 144A 08.0000 04/15/2026 0.03%
PLANTRONICS INC P/P 144A 05.5000 05/31/2023 0.03%
PROVIDENT FDG/PFG FI P/P 144A 06.3750 06/15/2025 0.03%
PS BUSINESS PARKS INC/CA 0.03%
RADIANT OPTO-ELECTRONICS COR 0.03%
RANDSTAD NV 0.03%
REVLON CONS TLB L+350 05.5935 09/07/2023 0.03%
REVLON CONSUMER PROD 06.2500 08/01/2024 0.03%
RTL GROUP 0.03%
SAMI 2007-AR7 1A1 02.9411 05/25/2047 0.03%
SASC 2006-AM1 A4 02.2511 04/25/2036 0.03%
SESI LLC 07.7500 09/15/2024 0.03%
SHELL INTERNATIONAL FIN USD 02.8750 05/10/2026 0.03%
SHINHAN FINANCIAL GROUP LTD 0.03%
SINOPEC SHANGHAI PETROCHEM-H 0.03%
SM ENERGY CO 06.1250 11/15/2022 0.03%
SMURFIT KAPPA TREASURY USD 07.5000 11/20/2025 0.03%
SONY CORP 0.03%
ST SHINE OPTICAL CO LTD 0.03%
STANDARD IND INC P/P 144A 05.3750 11/15/2024 0.03%
STARWOOD PROP TR P/P 144A 04.7500 03/15/2025 0.03%
STERIGENICS-NORDION P/P 144A 06.5000 05/15/2023 0.03%
SYNNEX TECHNOLOGY INTL CORP 0.03%
TOPBUILD CORP P/P 144A 05.6250 05/01/2026 0.03%
TORONTO-DOMINION BANK USD 03.6250 09/15/2031 0.03%
TR OP / TR FIN P/P 144A 05.3750 09/01/2025 0.03%
TRANSCANADA TRUST USD 05.3000 03/15/2077 0.03%
TRI POINTE GROUP / HOMES 05.8750 06/15/2024 0.03%
TRIDENT MERGER SUB P/P 144A 06.6250 11/01/2025 0.03%
TRINIDAD DRILLING LT P/P 144A 06.6250 02/15/2025 0.03%
TURKIYE GARANTI BANKASI 0.03%
UBSBB 2012-C2 D P/P 144A 05.0502 05/10/2063 0.03%
UBSBB 2012-C3 C P/P 144A 05.2095 08/10/2049 0.03%
UNITEDHEALTH GROUP INC 04.7000 02/15/2021 0.03%
UNIVISION COMM P/P 144A 05.1250 02/15/2025 0.03%
USG CORP P/P 144A 04.8750 06/01/2027 0.03%
VALEANT PHARMA P/P 144A 09.2500 04/01/2026 0.03%
VERIZON COMMUNICATIONS 04.1250 03/16/2027 0.03%
VODAFONE GROUP PLC USD 04.3750 05/30/2028 0.03%
WABASH NATIONAL CORP P/P 144A 05.5000 10/01/2025 0.03%
WAMU 2005-AR19 A1B3 02.4411 12/25/2045 0.03%
WBCMT 2005-C21 D 05.4644 10/15/2044 0.03%
WELLS FARGO & COMPANY 05.8750 12/29/2049 0.03%
WESTLAKE CHEMICAL CORP 04.3750 11/15/2047 0.03%
WESTPAC BANKING CORP USD 02.0000 08/19/2021 0.03%
WFCM 2013-LC12 C 04.4231 07/15/2046 0.03%
WFRBS 2011-C3 D P/P 144A 05.8471 03/15/2044 0.03%
WFRBS 2011-C5 XA IO P/P 144A 01.9103 11/15/2044 0.03%
WFRBS 2012-C10 XA IO P/P 144A 01.7208 12/15/2045 0.03%
WFRBS 2013-UBS1 AS 04.3060 03/15/2046 0.03%
WILEY (JOHN) & SONS-CLASS A 0.03%
ZHONGSHENG GROUP HOLDINGS 0.03%
1011778 BC / NEW RED P/P 144A 04.6250 01/15/2022 0.02%
2.95 R ISWP FWD US0003M P 09/19/2028 0.02%
ADS INC P/P 144A 05.6250 11/15/2024 0.02%
AIR LEASE CORP 03.6250 04/01/2027 0.02%
ALLEGHENY TECHNOLOGIES 07.8750 08/15/2023 0.02%
ALLIANT HOLD / CO-IS P/P 144A 08.2500 08/01/2023 0.02%
ALLISON TRANSMISSION P/P 144A 05.0000 10/01/2024 0.02%
ALPHABET INC 01.9980 08/15/2026 0.02%
AMC ENT HOLDIN 06.1250 05/15/2027 0.02%
AMC ENTERTAINMENT HOLDIN 05.7500 06/15/2025 0.02%
AMERICAN TOWER CORP 03.1250 01/15/2027 0.02%
ANTERO RESOURCES COR 05.6250 06/01/2023 0.02%
APPLE INC 02.0000 05/06/2020 0.02%
APPLE INC 04.3750 05/13/2045 0.02%
ARRIS INTERNATIONAL PLC 0.02%
ASCENT RESOURCES/AEU P/P 144A 10.0000 04/01/2022 0.02%
AUTOMATION TOOLING S P/P 144A 06.5000 06/15/2023 0.02%
AVAYA HOLDINGS CORP 0.02%
BB&T CORP 0.02%
BEACON ROOFING SUPP P/P 144A 04.8750 11/01/2025 0.02%
BERKSHIRE HATHAWAY E 03.8000 07/15/2048 0.02%
BOLIDEN AB 0.02%
BOYD GAMING CORP 06.3750 04/01/2026 0.02%
BROOKFIELD RESID PRO P/P 144A 06.1250 07/01/2022 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%
CARRIAGE SVCS INC P/P 144A 06.6250 06/01/2026 0.02%
CAS 2014-C02 1M2 04.6911 05/25/2024 0.02%
CAS 2014-C03 2M2 04.9911 07/25/2024 0.02%
CAS 2014-C04 1M2 06.9911 11/25/2024 0.02%
CAS 2015-C02 1M2 06.0911 05/25/2025 0.02%
CAS 2015-C03 2M2 07.0911 07/25/2025 0.02%
CBRE SERVICES INC 04.8750 03/01/2026 0.02%
CCO HLDGS LLC/CAP C P/P 144A 05.5000 05/01/2026 0.02%
CCO HLDGS LLC/CAP CO P/P 144A 05.1250 05/01/2023 0.02%
CENTURYLINK INC 06.7500 12/01/2023 0.02%
CF INDUSTRIES INC 04.9500 06/01/2043 0.02%
CHARTER COMM OPT LLC 04.9080 07/23/2025 0.02%
CHEMOURS CO 05.3750 05/15/2027 0.02%
CHEMOURS CO 07.0000 05/15/2025 0.02%
CHESAPEAKE ENERGY CO P/P 144A 08.0000 12/15/2022 0.02%
CHEVRON CORP 01.5610 05/16/2019 0.02%
CHINA MOBILE LTD 0.02%
CHINA SHINEWAY PHARMACEUTICA 0.02%
CHONGQING RURAL COMMERCIAL-H 0.02%
CHS/COMMUNITY HEALT P/P 144A 08.1250 06/30/2024 0.02%
CISCO SYSTEMS INC 0.02%
CISCO SYSTEMS INC 02.5000 09/20/2026 0.02%
CIT GROUP INC 05.0000 08/01/2023 0.02%
CIT GROUP INC. 05.0000 08/15/2022 0.02%
CLEAR CHNL WORLD 07.6250 03/15/2020 0.02%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 CS 0.02%
COMCAST CORP 03.3750 02/15/2025 0.02%
COMCAST CORP 03.9690 11/01/2047 0.02%
COMM 2013-CR11 XA IO 01.2793 08/10/2050 0.02%
COOPERATIEVE RABOBANK UA USD 05.2500 05/24/2041 0.02%
CPG MERGER SUB LLC P/P 144A 08.0000 10/01/2021 0.02%
CPURNSA R 1.92 P 08/07/25 0.02%
CPURNSA R 2.085 P 08/07/27 0.02%
CREDIT ACCEPTANC 07.3750 03/15/2023 0.02%
CROWN CASTLE INTL CORP 03.6500 09/01/2027 0.02%
CROWN CASTLE INTL CORP 03.7000 06/15/2026 0.02%
CROWN CORK & SEAL CO INC 07.3750 12/15/2026 0.02%
CVS HEALTH CORP 05.0500 03/25/2048 0.02%
CWALT 2007-OH1 A1D 02.3011 04/25/2047 0.02%
DAKOTA MERGER SUB P/P 144A 10.7500 09/01/2024 0.02%
DENBURY RESOURCES INC 06.3750 08/15/2021 0.02%
DISH NETWORK CV 03.3750 08/15/2026 0.02%
DUKE ENERGY CORP 03.1500 08/15/2027 0.02%
EASTMAN CHEMICAL CO 03.8000 03/15/2025 0.02%
EL PASO NATURAL GAS 08.3750 06/15/2032 0.02%
EMPIRE STATE REALTY TRUST-A 0.02%
ENSCO PLC USD 07.7500 02/01/2026 0.02%
EOG RESOURCES INC 02.6250 03/15/2023 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%
EP ENER/EVEREST P/P 144A 08.0000 11/29/2024 0.02%
ERAC USA FINANCE LLC P/P 144A 04.5000 02/15/2045 0.02%
EVEREST ACQ LLC/FIN 09.3750 05/01/2020 0.02%
FHR 3829 AS IO 04.8768 03/15/2041 0.02%
FIFTH THIRD BANCORP 05.1000 12/29/2049 0.02%
FORD OTOMOTIV 0.02%
FORMOSA PETROCHEMICAL CORP 0.02%
FORTERRA TL L+300 05.0935 10/25/2023 0.02%
FOUR CORNERS PROPERTY TRUST 0.02%
FRAC TECH INTL TLB L+475 06.8435 04/16/2021 0.02%
FREEDOM MTGE CORP P/P 144A 08.2500 04/15/2025 0.02%
FREEPORT-MCMORAN INC 0.02%
FXI HOLDINGS INC P/P 144A 07.8750 11/01/2024 0.02%
GARTNER INC P/P 144A 05.1250 04/01/2025 0.02%
GLP CAPITAL LP / FIN II 05.2500 06/01/2025 0.02%
GNR 2015-H26 DI IO 01.4175 10/20/2065 0.02%
GNR 2017-H22 EI IO 02.4789 10/20/2067 0.02%
GOEASY LTD P/P 144A 07.8750 11/01/2022 0.02%
GOLDMAN SACHS GROUP INC 07.5000 02/15/2019 0.02%
GRAY TELEVISION INC P/P 144A 05.8750 07/15/2026 0.02%
GSAA 2007-6 1A1 02.2111 05/25/2047 0.02%
GUANGZHOU BAIYUNSHAN PHARM-H 0.02%
HAIER ELECTRONICS GROUP CO 0.02%
HANESBRANDS INC P/P 144A 04.6250 05/15/2024 0.02%
HARVEY NORMAN HOLDINGS LTD 0.02%
HERMES INTERNATIONAL 0.02%
HONG KONG EXCHANGES & CLEAR 0.02%
HUDBAY MINERALS INC P/P 144A 07.6250 01/15/2025 0.02%
HUNTINGTON BANCSHARES 04.3500 02/04/2023 0.02%
ICAHN ENTER/FIN 06.0000 08/01/2020 0.02%
ICAHN ENTER/FIN 06.7500 02/01/2024 0.02%
ICAHN ENTERPRISES/FI 06.2500 02/01/2022 0.02%
INDOFOOD SUKSES MAKMUR TBK P 0.02%
IPALCO ENTPRS IN 03.7000 09/01/2024 0.02%
ISBANK-C 0.02%
JAGGED PEAK ENERGY P/P 144A 05.8750 05/01/2026 0.02%
JAGUAR HL / PPDI P/P 144A 06.3750 08/01/2023 0.02%
JELD-WEN INC P/P 144A 04.6250 12/15/2025 0.02%
JOHNSON CONTROLS INTL PL 04.5000 02/15/2047 0.02%
JOHNSON CONTROLS INTL PL 04.9500 07/02/2064 0.02%
JPMCC 2005-LDP5 F 05.8948 12/15/2044 0.02%
JTEKT CORP 0.02%
KERRY PROPERTIES LTD 0.02%
KINDER MORGAN ENER PART 05.4000 09/01/2044 0.02%
KINETIC CONCEPT/KCI P/P 144A 12.5000 11/01/2021 0.02%
KRATON POLYMERS LLC/ P/P 144A 07.0000 04/15/2025 0.02%
LG CORP 0.02%
LIBERTY EXPEDIA HOLD-A 0.02%
LIVE NATION ENT P/P 144A 04.8750 11/01/2024 0.02%
LIVE NATION ENTERTAI P/P 144A 05.6250 03/15/2026 0.02%
MALLINCKRODT FIN/SB P/P 144A 05.5000 04/15/2025 0.02%
MARRIOTT INTERNATIONAL -CL A 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%
MATTAMY GROUP CORP P/P 144A 06.8750 12/15/2023 0.02%
MERCER INTL INC USD 06.5000 02/01/2024 0.02%
MERCK & CO INC 03.7000 02/10/2045 0.02%
METTLER-TOLEDO INTERNATIONAL 0.02%
MGP ESCROW ISSUER/CO 05.6250 05/01/2024 0.02%
MITSUBISHI UFJ FINANCIAL GRO 0.02%
MLMI 2005-A2 A2 03.5373 02/25/2035 0.02%
MOLINA HEALTHCARE IN 05.3750 11/15/2022 0.02%
MSBAM 2014-C17 XA IO 01.3553 08/15/2047 0.02%
NASPERS LTD-N SHS 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%
NEWFIELD EXPLORATION CO 05.7500 01/30/2022 0.02%
NEXON CO LTD 0.02%
NEXTERA ENERGY CAPITAL 04.8000 12/01/2077 0.02%
NOBLE HOLDING INTL LTD USD 07.7500 01/15/2024 0.02%
NOMURA REAL ESTATE HOLDINGS 0.02%
NOVA CHEMICALS CORP P/P 144A 05.2500 06/01/2027 0.02%
NZD/USD 07/18/2018 CITI 0.02%
NZD/USD 07/18/2018 GSFX 0.02%
OASIS PETROLEUM INC P/P 144A 06.2500 05/01/2026 0.02%
ORACLE CORP 03.2500 11/15/2027 0.02%
PENN NATIONAL GAMING P/P 144A 05.6250 01/15/2027 0.02%
PENSKE AUTO GRP INC 05.7500 10/01/2022 0.02%
PEPSICO INC 03.4500 10/06/2046 0.02%
PFIZER INC 03.0000 12/15/2026 0.02%
PQ CORP P/P 144A 05.7500 12/15/2025 0.02%
PRECISION DRILL P/P 144A 07.1250 01/15/2026 0.02%
QEP RESOURCES INC 05.6250 03/01/2026 0.02%
QVC INC 04.4500 02/15/2025 0.02%
RACKSPACE HOSTING INC L+300 05.3631 11/03/2023 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%
REGENCY ENERGY P 04.5000 11/01/2023 0.02%
REGIONS FINANCIAL CORP 02.7500 08/14/2022 0.02%
REPUBLIC SERVICES INC 03.9500 05/15/2028 0.02%
ROBERTSHAW 1STL L+350 05.3725 02/15/2025 0.02%
ROBERTSHAW 2NDL L+800 09.8725 02/15/2026 0.02%
ROCKWELL COLLINS INC 04.3500 04/15/2047 0.02%
ROYAL BANK OF CANADA USD 04.6500 01/27/2026 0.02%
S&P GLOBAL INC 04.4000 02/15/2026 0.02%
SABINE PASS LIQUEF 05.0000 03/15/2027 0.02%
SABINE PASS LIQUEFACTION 04.2000 03/15/2028 0.02%
SEK/USD 09/19/2018 SSBT 0.02%
SELECT INCOME REIT 0.02%
SERVICE CORP INTL 04.6250 12/15/2027 0.02%
SEVEN GENERATIONS P/P 144A 05.3750 09/30/2025 0.02%
SHIRE ACQ INV IE 03.2000 09/23/2026 0.02%
SHIRE ACQ INV IRELAND DA USD 02.8750 09/23/2023 0.02%
SINGAPORE AIRLINES LTD 0.02%
SIRIUS XM RADIO INC P/P 144A 06.0000 07/15/2024 0.02%
SIX FLAGS ENT P/P 144A 04.8750 07/31/2024 0.02%
SM ENERGY CO 05.0000 01/15/2024 0.02%
SM ENERGY CO 06.5000 11/15/2021 0.02%
SMC CORP 0.02%
SPECTRA ENERGY PARTNERS 03.3750 10/15/2026 0.02%
SPECTRUM BRANDS INC 05.7500 07/15/2025 0.02%
SPECTRUM BRANDS INC 06.1250 12/15/2024 0.02%
SPRINGLEAF FINANCE CORP 06.1250 05/15/2022 0.02%
SPRINGLEAF FINANCE CORP 06.8750 03/15/2025 0.02%
SPRINT CAPITAL CORPORATION 06.8750 11/15/2028 0.02%
STEEL DYNAMICS INC 05.0000 12/15/2026 0.02%
STEEL DYNAMICS INC 05.5000 10/01/2024 0.02%
SUGAR HSP GAMING P/P 144A 05.8750 05/15/2025 0.02%
T-MOBILE USA INC 04.7500 02/01/2028 0.02%
T-MOBILE USA INC 06.3750 03/01/2025 0.02%
TAISHO PHARMACEUTICAL HOLDIN 0.02%
TALLGRASS NRG PRTNR P/P 144A 05.5000 01/15/2028 0.02%
TARGA RES PRTNRS 05.3750 02/01/2027 0.02%
TENET HEALTHCARE CORP 08.1250 04/01/2022 0.02%
TENNANT CO 05.6250 05/01/2025 0.02%
THE AES CORPORATION 04.8750 05/15/2023 0.02%
TIANNENG POWER INTL LTD 0.02%
TIER REIT INC 0.02%
TMX FIN LLC/TITLEMAX P/P 144A 11.1250 04/01/2023 0.02%
TRAVELPORT CORP FIN P/P 144A 06.0000 03/15/2026 0.02%
TRIPOD TECHNOLOGY CORP 0.02%
TRONOX INC P/P 144A 06.5000 04/15/2026 0.02%
UNI-PRESIDENT ENTERPRISES CO 0.02%
UNIVAR USA INC P/P 144A 06.7500 07/15/2023 0.02%
USA COMPRESSION PART P/P 144A 06.8750 04/01/2026 0.02%
USG CORP P/P 144A 05.5000 03/01/2025 0.02%
VALEANT PHARMA P/P 144A 08.5000 01/31/2027 0.02%
VALEANT PHARMA P/P 144A 09.0000 12/15/2025 0.02%
VERMILION ENERGY INC P/P 144A 05.6250 03/15/2025 0.02%
VERTIV GROUP CORP P/P 144A 09.2500 10/15/2024 0.02%
VISTRA ENERGY CORP P/P 144A 08.1250 01/30/2026 0.02%
WALGREENS BOOTS ALLIANCE 03.3000 11/18/2021 0.02%
WAMU 2005-AR10 1A3 03.3594 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%
WASTE PRO USA INC P/P 144A 05.5000 02/15/2026 0.02%
WEEKLEY HOMES LLC 06.0000 02/01/2023 0.02%
WESTROCK MWV LLC 07.9500 02/15/2031 0.02%
WFCM 2012-LC5 XA IO P/P 144A 01.9485 10/15/2045 0.02%
WFRBS 2013-C15 C 04.6278 08/15/2046 0.02%
WFRBS 2013-C16 AS 04.6680 09/15/2046 0.02%
WHITING PETROLEUM C P/P 144A 06.6250 01/15/2026 0.02%
WINDSTREAM SRVC / FIN 06.3750 08/01/2023 0.02%
WMG ACQUISITION CORP P/P 144A 05.0000 08/01/2023 0.02%
WOLVERINE WORLD WIDE P/P 144A 05.0000 09/01/2026 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%
ZEKELMAN IND INC P/P 144A 09.8750 06/15/2023 0.02%
3.00 R ISWP FWD US0003M P 09/19/2048 0.01%
A SCHULMAN INC 06.8750 06/01/2023 0.01%
ABBVIE INC 02.9000 11/06/2022 0.01%
ABBVIE INC 03.6000 05/14/2025 0.01%
ABC SUPPLY CO INC P/P 144A 05.8750 05/15/2026 0.01%
AEGON NV 0.01%
AES CORP/THE 04.5000 03/15/2023 0.01%
ALFRESA HOLDINGS CORP 0.01%
ALIMENTATION COUCHE-TARD 3.550000 07/26/2027 0.01%
ALLEGHENY TECHNOLOGIES 05.9500 01/15/2021 0.01%
ALLERGAN FUNDING SCS USD 03.4500 03/15/2022 0.01%
ALLERGAN FUNDING SCS USD 03.8000 03/15/2025 0.01%
ALLISON TRANSMISSION P/P 144A 04.7500 10/01/2027 0.01%
AMC ENT HOLDIN 05.8750 11/15/2026 0.01%
AMC ENTERTAINMENT HOLDIN 05.8750 02/15/2022 0.01%
ANTERO RESOURCES 05.3750 11/01/2021 0.01%
ANTERO RESOURCES FIN 05.1250 12/01/2022 0.01%
APPLE INC 04.2500 02/09/2047 0.01%
ARCELORMITTAL USD 06.1250 06/01/2025 0.01%
ASAHI GROUP HOLDINGS LTD 0.01%
ASTRAL FOODS LTD 0.01%
ASTRAZENECA PLC USD 06.4500 09/15/2037 0.01%
BANK OF AMERICA CORP 02.1510 11/09/2020 0.01%
BANK OF AMERICA CORP 06.5000 10/29/2049 0.01%
BANK OF MONTREAL USD 03.8030 12/15/2032 0.01%
BERKSHIRE HATHAWAY ENERG 06.1250 04/01/2036 0.01%
BERKSHIRE HATHAWAY INC-CL B 0.01%
BERRY GLOBAL INC 05.5000 05/15/2022 0.01%
BERRY GLOBAL INC P/P 144A 04.5000 02/15/2026 0.01%
BIOSCRIP INC 08.8750 02/15/2021 0.01%
BOYD GAMING CORP P/P 144A 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%
BRAZILIAN REAL CALL ACCOUNT 0.01%
BRIGHT HORIZONS FAMILY SOLUT 0.01%
BWAY HOLDING CO P/P 144A 05.5000 04/15/2024 0.01%
CAESARS ENTERTAINMENT CORP 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%
CANADIAN NATL RESOURCES USD 03.8500 06/01/2027 0.01%
CAS 2016-C06 1M2 06.3411 04/25/2029 0.01%
CBS CORP 04.0000 01/15/2026 0.01%
CBS CORP 04.6000 01/15/2045 0.01%
CCO HLDGS LLC/CAP CO P/P 144A 05.7500 02/15/2026 0.01%
CENTENE CORP 04.7500 05/15/2022 0.01%
CENTENE ESCROW I CO P/P 144A 05.3750 06/01/2026 0.01%
CENTURYLINK INC 05.6250 04/01/2020 0.01%
CEQUEL COM HLDG I/CA P/P 144A 05.1250 12/15/2021 0.01%
CHESAPEAKE ENERGY CORP 05.7500 03/15/2023 0.01%
CHESAPEAKE ENERGY CORP 08.0000 06/15/2027 0.01%
COCA-COLA CO/THE 02.2500 09/01/2026 0.01%
COMM 2014-CR16 XA IO 01.3138 04/10/2047 0.01%
CONSOLIDATED EDISON INC 02.0000 03/15/2020 0.01%
CONTINENTAL RESOURCES 03.8000 06/01/2024 0.01%
COUNTRY GARDEN SERVICES HOLD 0.01%
COX COMM INC P/P 144A 03.5000 08/15/2027 0.01%
CPG INTL TL L+375 05.0828 05/05/2024 0.01%
CPURNSA R 2.308 P 12/05/26 0.01%
CPURNSA R 2.335 P 03/07/28 0.01%
CREDIT ACCEPTANC 06.1250 02/15/2021 0.01%
CROWN AMER/CAP P/P 144A 04.7500 02/01/2026 0.01%
CROWN CASTLE INTL CORP 03.8000 02/15/2028 0.01%
CROWN CASTLE INTL CORP 04.8750 04/15/2022 0.01%
DAIWA SECURITIES GROUP INC 0.01%
DEUTSCHE TELEKOM INT FIN USD 08.7500 06/15/2030 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%
DIAMONDBACK ENERGY INC 04.7500 11/01/2024 0.01%
DUKE REALTY LP 04.3750 06/15/2022 0.01%
ELDORADO RESORTS INC 07.0000 08/01/2023 0.01%
EMERA US FINANCE LP 03.5500 06/15/2026 0.01%
ENDEAVOR ENERGY P/P 144A 05.5000 01/30/2026 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%
ENRGY TRANS PT/REG FIN 05.8750 03/01/2022 0.01%
FIDELITY NATIONAL INFORM 04.2500 05/15/2028 0.01%
FLEX ACQ CO INC P/P 144A 07.8750 07/15/2026 0.01%
FRONTIER COMM 10.5000 09/15/2022 0.01%
FRONTIER COMM 11.0000 09/15/2025 0.01%
GE CAPITAL INTL FUNDING USD 03.3730 11/15/2025 0.01%
GENERAL MOTORS FINL CO 04.3000 07/13/2025 0.01%
GFL ENVIRONMENTAL P/P 144A 05.3750 03/01/2023 0.01%
GLAXOSMITHKLINE CAP INC 03.8750 05/15/2028 0.01%
GUANGZHOU AUTOMOBILE GROUP-H 0.01%
HALCON RESOURCES CORP 0.01%
HOSPITALITY PROPERTIES T 04.5000 03/15/2025 0.01%
HYUNDAI MARINE 0.01%
ICAHN ENTERPRISES/FI 05.8750 02/01/2022 0.01%
IHS MARKIT LTD P/P 144A 04.0000 03/01/2026 0.01%
INFOR US INC 06.5000 05/15/2022 0.01%
INTELSAT JACKSON HLDG USD 07.5000 04/01/2021 0.01%
INTERNATIONAL PAPER CO 03.0000 02/15/2027 0.01%
IRON MOUNTAIN INC P/P 144A 05.2500 03/15/2028 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%
JAPAN POST BANK CO LTD 0.01%
JAPANESE YEN CALL ACCOUNT 0.01%
JASTRZEBSKA SPOLKA WEGLOWA S 0.01%
JBG SMITH PROPERTIES 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%
JONAH NRG LLC/FINANC P/P 144A 07.2500 10/15/2025 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 08/16/2018 GSFX 0.01%
JPY/USD 08/16/2018 HSBCB 0.01%
JPY/USD 08/16/2018 WPAC 0.01%
KFC HLD/PIZZA HUT/TA P/P 144A 04.7500 06/01/2027 0.01%
KFC HLD/PIZZA HUT/TA P/P 144A 05.0000 06/01/2024 0.01%
KKR GROUP FIN CO III P/P 144A 05.1250 06/01/2044 0.01%
KOC HLDG 0.01%
LEGRAND FRANCE USD 08.5000 02/15/2025 0.01%
LENNAR CORP 04.7500 11/15/2022 0.01%
LENNAR CORP 05.8750 11/15/2024 0.01%
MEG ENERGY CORP P/P 144A 07.0000 03/31/2024 0.01%
MERCER INTL INC P/P 144A 05.5000 01/15/2026 0.01%
MERCER INTL INC USD 07.7500 12/01/2022 0.01%
METHANEX CORP USD 05.6500 12/01/2044 0.01%
MGM GROWTH/MGM FINANCE 04.5000 01/15/2028 0.01%
MID-AMERICA APARTMENTS 04.3000 10/15/2023 0.01%
MIDAMERICAN FUNDING LLC 06.9270 03/01/2029 0.01%
MISC BHD 0.01%
MOLINA HEALTHCARE IN P/P 144A 04.8750 06/15/2025 0.01%
MONMOUTH REAL ESTATE INV COR 0.01%
MOODY'S CORPORATION 03.2500 01/15/2028 0.01%
MOTIVA ENTERPRISES P/P 144A 05.7500 01/15/2020 0.01%
MSBAM 2013-C12 XA IO 00.9910 10/15/2046 0.01%
NEIMAN MARCUS GROUP P/P 144A 08.7500 10/15/2021 0.01%
NEW GOLD INC P/P 144A 06.2500 11/15/2022 0.01%
NEW GOLD INC P/P 144A 06.3750 05/15/2025 0.01%
NEXT PLC 0.01%
NIELSEN FIN LLC/CO P/P 144A 05.0000 04/15/2022 0.01%
NINE POINT ENERGY CNV PRF 0.01%
NOBLE HLDG INTL LTD P/P 144A 07.8750 02/01/2026 0.01%
NRG ENERGY INC P/P 144A 05.7500 01/15/2028 0.01%
NUTRIEN LTD USD 05.2500 01/15/2045 0.01%
NZD/USD 07/18/2018 BANKAM 0.01%
NZD/USD 07/18/2018 HSBCB 0.01%
NZD/USD 07/18/2018 SSBT 0.01%
OMV AG 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 FINANCE USD 06.1250 01/17/2022 0.01%
PETROLEOS DE VEN P/P 144A 06.0000 11/15/2026 0.01%
PETSMART INC P/P 144A 07.1250 03/15/2023 0.01%
PLATFORM SPECIALTY P/P 144A 05.8750 12/01/2025 0.01%
PLATFORM SPECIALTY P/P 144A 06.5000 02/01/2022 0.01%
POMEGRANATE MERGER S P/P 144A 09.7500 05/01/2023 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%
QUILTER PLC 0.01%
RANGE RESOURCES CORP 05.0000 03/15/2023 0.01%
REALTY INCOME CORP 0.01%
S&P GLOBAL INC 02.9500 01/22/2027 0.01%
SANDRIDGE ENERGY INC 0.01%
SAUL CENTERS INC 0.01%
SEK/USD 09/19/2018 CITI 0.01%
SEK/USD 09/19/2018 GSFX 0.01%
SEK/USD 09/19/2018 HSBCB 0.01%
SEK/USD 09/19/2018 JPMCB 0.01%
SEK/USD 09/19/2018 RBSF 0.01%
SEK/USD 09/19/2018 UBS 0.01%
SESI LLC 07.1250 12/15/2021 0.01%
SEVEN GENERATIONS EN P/P 144A 06.7500 05/01/2023 0.01%
SHERWIN-WILLIAMS CO 02.7500 06/01/2022 0.01%
SHERWIN-WILLIAMS CO 03.4500 06/01/2027 0.01%
SM ENERGY CO 06.5000 01/01/2023 0.01%
SPIRIT MTA REIT 0.01%
STEEL DYNAMICS INC 04.1250 09/15/2025 0.01%
SUZUKI MOTOR CORP 0.01%
T-MOBILE USA INC 04.5000 02/01/2026 0.01%
T-MOBILE USA INC 06.0000 03/01/2023 0.01%
T-MOBILE USA INC. 04.0000 04/15/2022 0.01%
TECK RESOURCES LIMITED USD 03.7500 02/01/2023 0.01%
TECK RESOURCES LTD P/P 144A 08.5000 06/01/2024 0.01%
TENNECO INC 05.3750 12/15/2024 0.01%
THAI OIL PCL-FOREIGN 0.01%
THE BANK OF NOVA SCOTIA USD 02.7000 03/07/2022 0.01%
THE NEIMAN MARCUS GROUP LLC 07.1250 06/01/2028 0.01%
TOWNSQUARE MEDIA INC P/P 144A 06.5000 04/01/2023 0.01%
TRANSDIGM INC 06.5000 05/15/2025 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%
TURK SISE CAM 0.01%
UNITED AIR 2014-2 A PTT 03.7500 09/03/2026 0.01%
UNITED TRACTORS TBK PT 0.01%
VALEANT PHARMA P/P 144A 05.5000 11/01/2025 0.01%
VALEANT PHARMA P/P 144A 06.5000 03/15/2022 0.01%
VERIZON COMMUNICATIONS 04.4000 11/01/2034 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%
WAND MERGER CORP P/P 144A 08.1250 07/15/2023 0.01%
WAND MERGER CORP P/P 144A 09.1250 07/15/2026 0.01%
WEATHERFORD INTL LLC P/P 144A 09.8750 03/01/2025 0.01%
WELLCARE HEALTH PLANS 05.2500 04/01/2025 0.01%
WM MORRISON SUPERMARKETS 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%
WYNDHAM DESTINATIONS INC 05.6250 03/01/2021 0.01%
YANGZIJIANG SHIPBUILDING 0.01%
2.875 R ISWP FWD US0003M P 09/19/2020 0.00%
2.90 R ISWP FWD US0003M P 09/19/2023 0.00%
2.9245 R ISWP US0003M P 07/03/2028 0.00%
AMERICAN AXLE & MFG INC 07.7500 11/15/2019 0.00%
AUD/USD 07/18/2018 UBS 0.00%
AUSTRALIAN DOLLAR ACCOUNT 0.00%
AVAYA INC ESCROW P/P 144A 07.0000 04/01/2019 0.00%
BANK NEGARA INDONESIA PERSER 0.00%
BGC PARTNERS INC 05.1250 05/27/2021 0.00%
CAD/USD 07/18/2018 BCAP-FX 0.00%
CAD/USD 07/18/2018 CITI 0.00%
CAD/USD 07/18/2018 CSI-FX 0.00%
CAD/USD 07/18/2018 GSFX 0.00%
CAD/USD 07/18/2018 JPMCB 0.00%
CAD/USD 07/18/2018 RBSF 0.00%
CAD/USD 07/18/2018 SSBT 0.00%
CAD/USD 07/18/2018 UBS 0.00%
CAD/USD 07/18/2018 WPAC 0.00%
CHEMOURS CO 06.6250 05/15/2023 0.00%
CHF/USD 09/19/2018 JPMCB 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 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.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 CS 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 GS 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.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 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 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 CS 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 ML 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 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-.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%
CNH/USD 08/16/2018 GSFX 0.00%
CNH/USD 08/16/2018 HSBCB 0.00%
COMCAST CORP 02.3500 01/15/2027 0.00%
COMCAST CORP 03.1500 03/01/2026 0.00%
CONCORDIA INTL P/P 144A 07.0000 04/15/2023 0.00%
CPURNSA R 2.3075 P 04/06/28 0.00%
CPURNSA R 2.356 P 07/02/28 0.00%
DKK/USD 09/19/2018 CITI 0.00%
ESC SEVENTYSEVENERG 06.5000 07/15/2022 0.00%
EUR/SEK PUT 10.00 20180809 HSBCB 0.00%
EUR/USD 09/19/2018 BANKAM 0.00%
EUR/USD 09/19/2018 BCAP-FX 0.00%
EUR/USD 09/19/2018 CITI 0.00%
EUR/USD 09/19/2018 CSI-FX 0.00%
EUR/USD 09/19/2018 GSFX 0.00%
EUR/USD 09/19/2018 RBSF 0.00%
EUR/USD 09/19/2018 SSBT 0.00%
EUR/USD 09/19/2018 UBS 0.00%
EUR/USD 09/19/2018 WPAC 0.00%
EURO BUXL 30Y BND SEP18 UBU8 0.00%
EURO-BOBL FUTURE SEP18 OEU8 0.00%
EURO-BUND FUTURE SEP18 RXU8 0.00%
EURO-SCHATZ FUT SEP18 DUU8 0.00%
FIDELITY NATIONAL INFORM 05.0000 10/15/2025 0.00%
FUJITSU LTD 0.00%
GBP/USD 09/19/2018 BANKAM 0.00%
GBP/USD 09/19/2018 BCAP-FX 0.00%
GBP/USD 09/19/2018 CSI-FX 0.00%
GBP/USD 09/19/2018 GSFX 0.00%
GBP/USD 09/19/2018 HSBCB 0.00%
GBP/USD 09/19/2018 JPMCB 0.00%
GBP/USD 09/19/2018 SSBT 0.00%
GENERAL MOTORS FINL CO 04.0000 01/15/2025 0.00%
HALCON RESOURCES CORP - WARRA 0.00%
HKD/USD 08/16/2018 BANKAM 0.00%
ILS/USD 07/18/2018 SSBT 0.00%
INDONESIAN RUPIAH CALL ACCOUNT 0.00%
INTELSAT CONNECT FIN P/P 144A 12.5000 04/01/2022 0.00%
INTELSAT JACKSON HLD P/P 144A 08.0000 02/15/2024 0.00%
IOS.FN30.350.12 R USL1M P 01/12/43 BC 0.00%
IOS.FN30.350.14 R USL1M P 01/12/45 CS 0.00%
IOS.FN30.400.10 P USL1M R 01/12/41 JP 0.00%
IOS.FN30.400.10 R USL1M P 01/12/41 BC 0.00%
ITAUSA-INVESTIMENTOS ITAU-PR 0.00%
JPN 10Y BOND(OSE) SEP18 JBU8 0.00%
JPY/USD 08/16/2018 BANKAM 0.00%
JPY/USD 08/16/2018 BCAP-FX 0.00%
JPY/USD 08/16/2018 CITI 0.00%
JPY/USD 08/16/2018 RBSF 0.00%
JPY/USD 08/16/2018 SSBT 0.00%
JPY/USD 08/16/2018 UBS 0.00%
KOREAN WON CALL ACCOUNT 0.00%
L3 TECHNOLOGIES INC 03.8500 12/15/2026 0.00%
LONG GILT FUTURE SEP18 G U8 0.00%
MALAYSIAN RINGGIT CALL ACCOUNT 0.00%
MGM RESORTS INTL 06.6250 12/15/2021 0.00%
NINE POINT ENERGY COM 0.00%
NOK/SEK PUT 1.0735 20180712 HSBCB 0.00%
NOK/SEK PUT 1.075 20180712 BCAP-FX 0.00%
NOK/SEK PUT 1.075 20180712 GSFX 0.00%
NOK/USD 09/19/2018 BANKAM 0.00%
NOK/USD 09/19/2018 BCAP-FX 0.00%
NOK/USD 09/19/2018 CITI 0.00%
NOK/USD 09/19/2018 GSFX 0.00%
NOK/USD 09/19/2018 JPMCB 0.00%
NOK/USD 09/19/2018 SSBT 0.00%
NOK/USD 09/19/2018 UBS 0.00%
NOVELIS CORP P/P 144A 06.2500 08/15/2024 0.00%
NRG ENERGY INC 07.2500 05/15/2026 0.00%
NZD/USD 07/18/2018 CSI-FX 0.00%
NZD/USD 07/18/2018 JPMCB 0.00%
PETROBRAS GLOBAL FINANCE REGS 05.2990 01/27/2025 0.00%
ROSE ROCK MIDSTREAM/ 05.6250 11/15/2023 0.00%
S&P500 EMINI FUT SEP18 ESU8 0.00%
SEK/USD 09/19/2018 BANKAM 0.00%
SEK/USD 09/19/2018 BCAP-FX 0.00%
SEK/USD 09/19/2018 CSI-FX 0.00%
SEMGROUP CORP 06.3750 03/15/2025 0.00%
SGD/USD 08/16/2018 JPMCB 0.00%
SOUTH AFRICAN RAND CALL ACCOUNT 0.00%
SPY 20180713 C 285.00BANKAM 0.00%
STANDARD IND INC P/P 144A 04.7500 01/15/2028 0.00%
STEEL DYNAMICS INC 05.2500 04/15/2023 0.00%
TECK RESOURCES LIMITED USD 04.7500 01/15/2022 0.00%
TERVITA CORP CLASS A 0.00%
THE EURO EUR CALL ACCOUNT 0.00%
TOPIX INDX FUTR SEP18 TPU8 0.00%
TRY/USD 09/19/2018 SSBT 0.00%
TWD/USD 08/16/2018 BANKAM 0.00%
TWD/USD 08/16/2018 GSFX 0.00%
US 10YR NOTE (CBT)SEP18 TYU8 0.00%
US 2YR NOTE (CBT) SEP18 TUU8 0.00%
US 5YR NOTE (CBT) SEP18 FVU8 0.00%
US LONG BOND(CBT) SEP18 USU8 0.00%
US ULTRA BOND CBT SEP18 WNU8 0.00%
VALEANT PHARMA P/P 144A 05.6250 12/01/2021 0.00%
2.75 R ISWP FWD US0003M P 06/20/2023 -0.01%
AUD/USD 07/18/2018 HSBCB -0.01%
AUD/USD 07/18/2018 SSBT -0.01%
AUD/USD 07/18/2018 WPAC -0.01%
CDX CDX.EM.29 100.0 06/20/2023 BC -0.01%
CDX CDX.EM.29 100.0 06/20/2023 BC -0.01%
CDX CDX.EM.29 100.0 06/20/2023 BC -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 JP -0.01%
EUR/USD 09/19/2018 JPMCB -0.01%
SPY 20180727 C 282.00BANKAM -0.01%
AUD/USD 07/18/2018 BANKAM -0.02%
AUD/USD 07/18/2018 BCAP-FX -0.02%
AUD/USD 07/18/2018 CITI -0.02%
AUD/USD 07/18/2018 JPMCB -0.02%
AUD/USD 07/18/2018 GSFX -0.03%
EMIN RUSSELL 2000 SEP18 RTYU8 -0.03%
AUD/USD 07/18/2018 CSI-FX -0.04%
CPURNSA R 2.5925 P 09/10/22 -0.04%
JPY/USD 08/16/2018 JPMCB -0.05%
RU10INTR P US0003M R 11/27/18 CI -0.06%
CPURNSA R 2.5325 P 08/08/22 -0.08%
CGPUTQL2 R US0003M P 11/27/18 CI -0.12%
CPURNSA R 2.76 P 01/09/23 -0.17%
CPURNSA R 2.81 P 02/08/23 -0.22%
CDX CDX.EM.29 100.0 06/20/2023 BC -0.24%
CPURNSA R 2.57 P 07/19/23 -0.31%
MLFCF14 R US0003M P 06/13/19 BA -0.42%
CDX CDX.NA.HY.30 500.0 06/20/2023 -0.43%

Prior top 10 holdings

Top 10 holdings as of 09/30/18
S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019
S&P Gsci Total Return Index 3x Note 11/5/2018
Fnma Fn30 Tba 04.0000 11/01/2048
Gnma Gii30 Tba 03.5000 10/01/2048
Fnma Fn30 Tba 03.0000 10/01/2048
S&P Gsci TOT Return Indx 3X Note 08/20/2019
S&P Gsci 3x Note 04/01/2019
JPMorgan Chase
Alphabet
Apple
Holdings represent 15.61% of portfolio
Top 10 holdings as of 08/31/18
S&P Gsci 3 Month Forward Index TR 3X Note 9/7/2018
S&P Gsci Total Return Index 3x Note 11/5/2018
Fnma Fn30 Tba 04.0000 10/01/2048
Gnma Gii30 Tba 03.5000 09/01/2048
Fnma Fn30 Tba 03.0000 10/01/2048
S&P Gsci TOT Return Indx 3X Note 08/20/2019
S&P Gsci 3x Note 04/01/2019
JPMorgan Chase
Alphabet
S&P Gsci Total Return Index 3x Note 09/04/2018
Holdings represent 15.83% of portfolio
Top 10 holdings as of 07/31/18
S&P Gsci 3 Month Forward Index TR 3X Note 9/7/2018
Fnma Fn30 Tba 04.0000 08/01/2048
S&P Gsci Total Return Index 3x Note 11/5/2018
Gnma Gii30 Tba 03.5000 09/01/2048
Fnma Fn30 Tba 03.0000 08/01/2048
S&P Gsci TOT Return Indx 3X Note 08/20/2019
S&P Gsci 3x Note 04/01/2019
JPMorgan Chase
Alphabet
S&P Gsci Total Return Index 3x Note 09/04/2018
Holdings represent 15.58% of portfolio
Top 10 holdings as of 06/30/18
S&P Gsci 3 Month Forward Index TR 3X Note 9/7/2018
S&P Gsci Total Return Index 3x Note 11/5/2018
Fnma Fn30 Tba 04.0000 07/01/2048
Gnma Gii30 Tba 03.5000 08/01/2048
Fnma Fn30 Tba 03.0000 08/01/2048
S&P Gsci TOT Return Indx 3X Note 07/23/2018
S&P Gsci 3x Note 04/01/2019
S&P Gsci Total Return Index 3x Note 09/04/2018
JPMorgan Chase
Fnma Fn30 Tba 06.0000 07/01/2048
Holdings represent 16.35% of portfolio

Portfolio composition as of 09/30/18

U.S. TIPS 29.52%
U.S. Investment-grade bonds 24.67%
International bonds 24.61%
Commodities 20.84%
U.S. Equity 16.00%
International equity 12.40%
Emerging-market bonds 5.05%
Emerging-markets equity 4.82%
U.S. High-yield bonds 4.71%
Real estate investment trust 3.27%
U.S. money markets -45.89%

Fixed income statistics as of 09/30/18

Average effective maturity 9.29 yrs.
Average effective duration 6.03 yrs.

Fund characteristics will vary over time.

Due to rounding, percentages may not equal 100%.

Consider these risks before investing: International investing involves currency, economic, and political risks. 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 and the risk that they may increase in value less when interest rates decline and decline in value more 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. 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 greater for longer-term bonds, and credit risk is 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. Stock and bond prices may fall or fail to rise over time for several reasons, including general financial market conditions, changing market perceptions (including, in the case of bonds, perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. 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

Investment Breakpoint Class A Class B Class C Class M Class R Class R6 Class Y
$0-$49,999 5.75% 0.00% 0.00% 3.50% -- -- --
$50,000-$99,999 4.50% 0.00% 0.00% 2.50% -- -- --
$100,000-$249,999 3.50% -- 0.00% 1.50% -- -- --
$250,000-$499,999 2.50% -- 0.00% 1.00% -- -- --
$500,000-$999,999 2.00% -- 0.00% 1.00% -- -- --
$1M-$4M 0.00% -- -- -- -- -- --
$4M-$50M 0.00% -- -- -- -- -- --
$50M+ 0.00% -- -- -- -- -- --

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% -- -- -- --

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: International investing involves currency, economic, and political risks. 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 and the risk that they may increase in value less when interest rates decline and decline in value more 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. 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 greater for longer-term bonds, and credit risk is 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. Stock and bond prices may fall or fail to rise over time for several reasons, including general financial market conditions, changing market perceptions (including, in the case of bonds, perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. 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.