Always Aligned. Always Active.

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 $10.71
0.37% | $0.04
$11.80
01/26/18
$10.63
11/23/18
Historical fund price

Fund facts as of 11/30/18

Total net assets
$136.86M
Turnover (fiscal year end)
313%
Dividend frequency
Annually
Number of holdings
1418
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, 4.00% and 3.25% for income funds and 2.25% and 0.75% for Putnam Floating Rate Income Fund, Short-Term Municipal Income, Short Duration Bond Fund, and Fixed Income Absolute Return Fund, respectively. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, which is 3% in the first year, declining to 1% in the fourth year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, N, R, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax-Free High Yield Fund and Putnam AMT-Free Municipal Fund, which are based on the historical performance of class B shares). Returns at public offering price (after sales charge) for class N shares reflect the current maximum initial sales charge of 1.50%. Class R5/R6 shares, available to qualified employee-benefit plans only, are sold without an initial sales charge and have no CDSC. Class Y shares are generally only available for corporate and institutional clients and have no initial sales charge. Performance for Class R5/R6 shares before their inception are derived from the historical performance of class Y shares, which have not been adjusted for the lower expenses; had they, returns would have been higher. Class A and M shares of Putnam money market funds have no initial sales charge. For a portion of the periods, some funds had expense limitations or had been sold on a limited basis with limited assets and expenses, without which returns would be lower.

Performance snapshot

  Before sales charge After sales charge
1 mt. as of 11/30/18 -2.27% -7.89%
YTD as of 12/12/18 -7.62% -12.93%

Risk-adjusted performance as of 10/31/18

Sharpe ratio (3 yrs.) 0.50

Volatility as of 10/31/18

Standard deviation (3 yrs.) 6.37%

Lipper rankings as of 10/31/18

Time period Rank/Funds in category Percentile ranking
1 yr. 105/266 40%
3 yrs. 72/234 31%
5 yrs. 63/200 32%
10 yrs. --  
Lipper category: Alternative Global Macro Funds

Morningstar Ratings as of 10/31/18

Time period Funds in category Morningstar Rating
Overall 460
3 yrs. 460
5 yrs. 368
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 10/31/18

S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019 2.76%
Fnma Fn30 Tba 04.0000 11/01/2048 2.16%
Gnma Gii30 Tba 03.5000 11/01/2048 2.12%
S&P Gsci Total Return Index 3x Note 11/5/2018 2.10%
Fnma Fn30 Tba 03.0000 11/01/2048 2.04%
S&P Gsci TOT Return Indx 3X Note 08/20/2019 1.18%
S&P Gsci 3x Note 04/01/2019 1.11%
Jpmorgan Chase & Co Sedol 2190385 0.88%
Apple Inc Sedol 2046251 0.78%
Fnma Fn30 Tba 06.0000 11/01/2048 0.77%
Top 10 holdings, percent of portfolio 15.90%

Full portfolio holdings as of 09/30/18

S&P GSCI 3 MONTH FORWARD TOTAL RETURN INDX 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 & CO 0.82%
ALPHABET INC-CL A 0.75%
APPLE INC 0.72%
FNMA FN30 TBA 06.0000 10/01/2048 0.70%
INTUIT INC 0.66%
FNMA FN15 TBA 03.0000 10/01/2033 0.64%
S&P GSCI INDEX 3X NOTE 10/4/2019 0.63%
HUMANA INC 0.58%
TJX COMPANIES INC 0.57%
MCDONALD'S CORP 0.56%
AMERICAN EXPRESS CO 0.55%
DANAHER CORP 0.55%
LOWES COMPANIES INC 0.53%
RAYTHEON COMPANY 0.53%
OCCIDENTAL PETROLEUM CORP 0.52%
PFIZER INC 0.52%
TEXAS INSTRUMENTS INC 0.52%
NORTHROP GRUMMAN CORP 0.50%
COGNIZANT TECH SOLUTIONS-A 0.48%
EXXON MOBIL CORP 0.48%
CONSTELLATION BRANDS INC-A 0.47%
HONEYWELL INTERNATIONAL INC 0.46%
PNC FINANCIAL SERVICES GROUP 0.46%
AMERICAN ELECTRIC POWER 0.43%
ISHARES MSCI INDIA ETF 0.43%
EBAY INC 0.41%
NORFOLK SOUTHERN CORP 0.40%
BAXTER INTERNATIONAL INC 0.39%
JOHNSON & JOHNSON 0.39%
MICROSOFT CORP 0.39%
KIMBERLY-CLARK CORP 0.38%
EQUITY RESIDENTIAL TR REIT 0.37%
F5 NETWORKS INC 0.36%
NETAPP INC 0.35%
WALT DISNEY CO/THE 0.35%
HP INC 0.34%
MARATHON PETROLEUM CORP 0.34%
ALLSTATE CORP 0.33%
DUKE ENERGY CORP 0.33%
FIDELITY NATIONAL INFO SERV 0.32%
SYSCO CORP 0.31%
VERIZON COMMUNICATIONS INC 0.30%
ROSS STORES INC 0.29%
SAMSUNG ELECTRONICS CO LTD 0.29%
GENERAL DYNAMICS CORP 0.28%
AT&T INC 0.27%
FACEBOOK INC-A 0.27%
HARRIS CORP 0.27%
MERCK & CO. INC. 0.26%
SIMON PROPERTY GROUP INC 0.26%
KINDER MORGAN INC 0.25%
VALERO ENERGY CORP 0.25%
FISERV INC 0.24%
NOVARTIS AG-REG 0.24%
RED HAT INC 0.24%
UNITEDHEALTH GROUP INC 0.24%
WASTE MANAGEMENT INC 0.24%
CME GROUP INC 0.23%
CROWN HOLDINGS INC 0.23%
ROCHE HOLDING AG-GENUSSCHEIN 0.23%
WORLDPAY INC-CLASS A 0.23%
ZOETIS INC 0.23%
EXELON CORP 0.22%
TOTAL SA 0.22%
COMMONWEALTH BK AUST P/P 144A 02.2000 11/09/2020 0.21%
L3 TECHNOLOGIES INC 0.21%
MONSTER BEVERAGE CORP 0.21%
TOYOTA MOTOR CORP 0.21%
AMAZON.COM INC 0.20%
CAS 2016-C03 2M2 08.1158 10/25/2028 0.20%
LOEWS CORP 0.20%
PROCTER & GAMBLE CO/THE 0.20%
SPST 2018-1 A 03.1122 04/24/2019 0.20%
TRAVELERS COS INC/THE 0.20%
APPLIED MATERIALS INC 0.19%
PROLOGIS INC 0.19%
SUNTRUST BANKS INC 0.19%
ALLIANZ SE-REG 0.18%
GLAXOSMITHKLINE PLC 0.18%
HERSHEY CO/THE 0.18%
KANSAS CITY SOUTHERN 0.18%
SHERWIN-WILLIAMS CO/THE 0.18%
US BANCORP 0.18%
WESTPAC BANKING CORP USD 02.1500 03/06/2020 0.18%
AMGEN INC 0.17%
MAXIM INTEGRATED PRODUCTS 0.17%
PUBLIC STORAGE 0.17%
PVH CORP 0.17%
SKANDINAVISKA ENSKIL P/P 144A 02.6250 11/17/2020 0.17%
SYNOPSYS INC 0.17%
AGNC INVESTMENT CORP 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%
EPR PROPERTIES 0.16%
NATIONAL AUSTRALIA BK/NY 02.5000 01/12/2021 0.16%
PETROBRAS GLOBAL FINANCE USD 06.2500 03/17/2024 0.16%
SIEMENS FINANCIERING P/P 144A 02.2000 03/16/2020 0.16%
SPST 2018-3 A 02.9122 07/24/2019 0.16%
SPST 2018-5 A 02.9122 09/24/2019 0.16%
ARGENTINE REPUBLIC USD 07.5000 04/22/2026 0.15%
CHINA CONSTRUCTION BANK-H 0.15%
EXXON MOBIL CORPORATION 02.2220 03/01/2021 0.15%
GOLDMAN SACHS GROUP INC 02.6000 12/27/2020 0.15%
PHILLIPS 66 0.15%
RIO TINTO PLC 0.15%
SERVICE CORP INTL 05.3750 05/15/2024 0.15%
SUMITOMO MITSUI FINANCIAL GR 0.15%
TENCENT HOLDINGS LTD 0.15%
TOTAL CAPITAL INTL SA USD 02.7500 06/19/2021 0.15%
AVALONBAY COMMUNITIES INC 0.14%
AVERY DENNISON CORP 0.14%
BOOKING HOLDINGS INC 0.14%
DELL TECHNOLOGIES INC-CL V 0.14%
ENI SPA 0.14%
KDDI CORP 0.14%
ORACLE CORPORATION 02.2500 10/08/2019 0.14%
PINNACLE FOODS INC 0.14%
SPST 2017-6 A 02.9122 11/24/2018 0.14%
UNITED TECHNOLOGIES CORP 01.9000 05/04/2020 0.14%
US FOODS HOLDING CORP 0.14%
AMADEUS IT GROUP SA 0.13%
ARCELORMITTAL 0.13%
ASTELLAS PHARMA INC 0.13%
BANK OF AMERICA CORP 06.1100 01/29/2037 0.13%
CAMDEN PROPERTY TRUST 0.13%
CAS 2015-C04 1M2 07.9158 04/25/2028 0.13%
CLEAR CHANNEL COMMUN 09.0000 12/15/2019 0.13%
CWALT 2006-OA7 1A2 02.7850 06/25/2046 0.13%
EQUINOR ASA 0.13%
HERMES INTERNATIONAL 0.13%
HITACHI LTD 0.13%
IMPERIAL BRANDS PLC 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%
REPUBLIC OF INDONESIA REGS 04.7500 01/08/2026 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%
ABBVIE INC 0.12%
ALTRIA GROUP INC 0.12%
AMERICAN INTL GROUP 08.1750 05/15/2058 0.12%
AVIVA PLC 0.12%
BASF SE 0.12%
BOSTON PROPERTIES INC 0.12%
CAS 2015-C04 2M2 07.7658 04/25/2028 0.12%
CDK GLOBAL INC 0.12%
CENTRAL JAPAN RAILWAY CO 0.12%
CK ASSET HOLDINGS LTD 0.12%
CSC HOLDINGS LLC 05.2500 06/01/2024 0.12%
DUKE REALTY CORP 0.12%
ELI LILLY & CO 0.12%
ENEL SPA 0.12%
FRESENIUS MEDICAL CARE AG & 0.12%
HOST HOTELS & RESORTS INC 0.12%
HOYA CORP 0.12%
IND & COMM BK OF CHINA-H 0.12%
JPMORGAN CHASE & CO 03.9640 11/15/2048 0.12%
KONINKLIJKE AHOLD DELHAIZE N 0.12%
LEGAL & GENERAL GROUP PLC 0.12%
MACQUARIE GROUP LTD 0.12%
MICHAEL KORS HOLDINGS LTD 0.12%
NIPPON TELEGRAPH & TELEPHONE 0.12%
ORIX CORP 0.12%
RUSSIAN FEDERATION P/P 144A 04.3750 03/21/2029 0.12%
SANDVIK AB 0.12%
SONY CORP 0.12%
SPY 20190920 P 260.00JPMCB 0.12%
TAIWAN SEMICONDUCTOR-SP ADR 0.12%
VOLVO AB-B SHS 0.12%
ANTHEM INC 0.11%
COVESTRO AG 0.11%
ECOLAB INC 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%
ESSEX PROPERTY TRUST INC 0.11%
INTL CONSOLIDATED AIRLINE-DI 0.11%
ITOCHU CORP 0.11%
MARUBENI CORP 0.11%
MICROSOFT CORP 01.5500 08/08/2021 0.11%
MITSUI AND CO LTD 0.11%
NBCUNIVERSAL MEDIA LLC 04.3750 04/01/2021 0.11%
OLD REPUBLIC INTL CORP 0.11%
PARK HOTELS & RESORTS INC 0.11%
PERSIMMON PLC 0.11%
PETROLEOS MEXICANOS USD 06.5000 03/13/2027 0.11%
PEUGEOT SA 0.11%
RESONA HOLDINGS INC 0.11%
SHIONOGI & CO LTD 0.11%
SWEDBANK AB - A SHARES 0.11%
ABN AMRO GROUP NV-CVA 0.10%
AES CORP/THE 05.5000 04/15/2025 0.10%
ALIBABA GROUP HOLDING-SP ADR 0.10%
AMAZON.COM INC 03.3000 12/05/2021 0.10%
ANGLO AMER PLC 0.10%
ANHEUSER-BUSCH INBEV FIN 04.9000 02/01/2046 0.10%
CELGENE CORP 0.10%
CHINA PETROLEUM & CHEMICAL-H 0.10%
CISCO SYSTEMS INC 02.2000 02/28/2021 0.10%
CLP HOLDINGS LTD 0.10%
DIAMOND 1 FIN/DIAMON P/P 144A 05.4500 06/15/2023 0.10%
DNB NOR ASA 0.10%
ENERGY TRANSFER PARTNERS 06.6250 02/15/2028 0.10%
EXTRA SPACE STORAGE INC 0.10%
FORD MOTOR CO 0.10%
GILEAD SCIENCES INC 0.10%
GSMS 2010-C1 D P/P 144A 06.1966 08/10/2043 0.10%
HANG SENG BANK LTD 0.10%
HILTON WORLDWIDE FIN LLC 04.8750 04/01/2027 0.10%
HYATT HOTELS CORP - CL A 0.10%
NTT DATA CORP 0.10%
PARTNERS GROUP HOLDING AG 0.10%
ROYAL DUTCH SHELL PLC-B SHS 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%
SK HYNIX INC 0.10%
SPRINT COMMUNICATIONS INC. 07.0000 08/15/2020 0.10%
TAYLOR WIMPEY PLC 0.10%
UDR INC 0.10%
VINCI SA 0.10%
21ST CENTURY FOX AMERICA 07.7500 12/01/2045 0.09%
ACS ACTIVIDADES 0.09%
AENA SME SA 0.09%
AGRICULTURAL BANK OF CHINA-H 0.09%
ALTRIA GROUP INC 02.6250 01/14/2020 0.09%
ANHEUSER-BUSCH INBEV FIN 02.6500 02/01/2021 0.09%
BAUSCH HLTH COS INC P/P 144A 06.1250 04/15/2025 0.09%
BLUESCOPE STEEL LTD 0.09%
CVS HEALTH CORP 02.2500 12/05/2018 0.09%
FAURECIA 0.09%
FORMOSA CHEMICALS & FIBRE 0.09%
GALAXY ENT GRP L 0.09%
GAMING AND LEISURE PROPERTIE 0.09%
GOLDMAN SACHS GROUP INC 02.3000 12/13/2019 0.09%
GSMS 2014-GC22 C 04.8458 06/10/2047 0.09%
HOME DEPOT INC 0.09%
IHS MARKIT LTD P/P 144A 04.7500 02/15/2025 0.09%
INFOR SOFTWARE P/P 144A 07.1250 05/01/2021 0.09%
INTERPUBLIC GROUP COS 04.6500 10/01/2028 0.09%
JPMBB 2014-C22 XA IO 01.0379 09/15/2047 0.09%
KEURIG DR PEPPER INC P/P 144A 04.5970 05/25/2028 0.09%
LAMB WESTON HOLDINGS P/P 144A 04.8750 11/01/2026 0.09%
LNSTR 2015-3 B P/P 144A 03.2171 04/20/2048 0.09%
NESTLE SA-REG 0.09%
PETROBRAS GLOBAL FINANCE USD 07.3750 01/17/2027 0.09%
PTT PCL/FOREIGN 0.09%
SAINSBURY (J) PLC 0.09%
SL GREEN REALTY CORP 0.09%
SPY 20190816 P 250.00CITI 0.09%
STARWOOD PROPERTY TRUST INC 0.09%
TPAT 2018-SL1 A P/P 144A 02.8158 01/25/2046 0.09%
UNI-PRESIDENT ENTERPRISES CO 0.09%
VIDEOTRON LTD / LTEE P/P 144A 05.1250 04/15/2027 0.09%
WALMART DE MEXICO SAB DE CV 0.09%
WOOLWORTHS GROUP LTD 0.09%
ZAYO GROUP HOLDINGS INC 0.09%
ALEXANDRIA REAL ESTATE EQUIT 0.08%
ALLY FINANCIAL INC 08.0000 11/01/2031 0.08%
ANHUI CONCH CEMENT CO LTD-H 0.08%
BRISTOL-MYERS SQUIBB CO 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%
CSMC 2016-NXSR C 04.5076 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%
EVRAZ PLC 0.08%
GOLDMAN SACHS GROUP INC 03.8500 01/26/2027 0.08%
IRON MOUNTAIN INC 0.08%
JPMORGAN CHASE & CO 03.6250 12/01/2027 0.08%
L OREAL 0.08%
MEDICAL PROPERTIES TRUST INC 0.08%
MORGAN STANLEY 03.6250 01/20/2027 0.08%
NATIONAL RETAIL PROPERTIES 0.08%
PROVINCIA DE CORDOBA P/P 144A 07.1250 08/01/2027 0.08%
PTT GLOBAL CHEMICAL PCL-FOR 0.08%
REINSURANCE GROUP OF AMERICA 0.08%
REP OF ARGENTINA USD 06.8750 01/26/2027 0.08%
SK TELECOM 0.08%
SPST 2017-LD1 A 03.0158 11/25/2050 0.08%
SPY 20190719 P 250.00CITI 0.08%
STANDARD IND INC P/P 144A 05.0000 02/15/2027 0.08%
T-MOBILE USA INC 05.3750 04/15/2027 0.08%
TENAGA NASIONAL BHD 0.08%
TUI AG-DI 0.08%
UCB SA 0.08%
AIR LEASE CORP 04.6250 10/01/2028 0.07%
AMDOCS LTD 0.07%
ARKEMA 0.07%
BANK OF COMMUNICATIONS - H 0.07%
BROADRIDGE FINANCIAL SOLUTIO 0.07%
CAPGEMINI SE 0.07%
CATCHER TECHNOLOGY CO LTD 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 04.6122 12/10/2047 0.07%
CONCHO RESOURCES INC 03.7500 10/01/2027 0.07%
CPURNSA R 1.76 P 07/08/26 BA 0.07%
DOUGLAS EMMETT INC 0.07%
EASYJET PLC 0.07%
FIAT CHRYSLER AUTOMOBILES NV 0.07%
GCP APPLIED TECH P/P 144A 05.5000 04/15/2026 0.07%
GREE ELECTRIC 144A/REGS WARRANT 08/29/2019 0.07%
IVORY COAST REGS 05.2500 03/22/2030 0.07%
JPMBB 2014-C22 C 04.7100 09/15/2047 0.07%
LG UPLUS CORP 0.07%
LIBERTY MUTUAL GROUP P/P 144A 07.8000 03/15/2037 0.07%
MACQUARIE GROUP LTD P/P 144A 07.6250 08/13/2019 0.07%
MLFCF14 R US0003M P 06/13/19 BA 0.07%
NAVISTAR TLB L+350 04.7500 11/06/2024 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%
PROSIEBENSAT.1 MEDIA SE 0.07%
SINOTRUK HONG KONG LTD 0.07%
SWEDISH MATCH AB 0.07%
TAISEI CORP 0.07%
TARGA RESOURCES PART P/P 144A 05.0000 01/15/2028 0.07%
WAMU 2005-AR12 1A8 04.0219 10/25/2035 0.07%
WELLS FARGO & COMPANY 02.6000 07/22/2020 0.07%
WESTERN DIGITAL CORP 04.7500 02/15/2026 0.07%
3I GROUP PLC 0.06%
ALTA MESA HLDGS 07.8750 12/15/2024 0.06%
AMERICAN HOME 4 RENT 0.06%
ASSOCIATED BRITISH FOODS PLC 0.06%
BERRY GLOBAL GROUP INC 0.06%
BOMBARDIER INC P/P 144A 07.5000 12/01/2024 0.06%
BOSTON SCIENTIFIC CORP 0.06%
CCO HLDGS LLC/CAP CO P/P 144A 05.8750 04/01/2024 0.06%
CF INDUSTRIES INC P/P 144A 04.5000 12/01/2026 0.06%
CHENIERE CORP CHRIST 05.8750 03/31/2025 0.06%
CHINA RAILWAY GROUP LTD-H 0.06%
CHS/COMMUNITY HEALTH SYS 06.2500 03/31/2023 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%
CORELOGIC INC 0.06%
CORNING INC 0.06%
COUNTRY GARDEN HOLDINGS CO 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%
ELANCO ANIMAL HEALTH P/P 144A 04.9000 08/28/2028 0.06%
EVONIK INDUSTRIES AG 0.06%
FAIRFAX FINL HLDGS P/P 144A 04.8500 04/17/2028 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%
FNMA FN40 BF0171 04.0000 01/01/2057 0.06%
FORMOSA PLASTICS CORP 0.06%
FOSUN INTERNATIONAL 0.06%
GNR 2016-135 PI IO 04.0000 05/20/2046 0.06%
GOLDMAN SACHS GROUP INC 04.2230 05/01/2029 0.06%
HCA INC 06.5000 02/15/2020 0.06%
INCEPTION MRGR/RACK P/P 144A 08.6250 11/15/2024 0.06%
INGREDION INC 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%
JACK OHIO FIN LLC/FI P/P 144A 10.2500 11/15/2022 0.06%
KOREA INVESTMENT HOLDINGS CO 0.06%
LEAR CORP 03.8000 09/15/2027 0.06%
LOTTE CHEMICAL CORP 0.06%
MICROCHIP TECH INC P/P 144A 04.3330 06/01/2023 0.06%
MITSUBISHI CHEMICAL HOLDINGS 0.06%
MITSUBISHI UFJ FIN GRP USD 03.5350 07/26/2021 0.06%
MONCLER SPA 0.06%
MSC 2012-C4 C P/P 144A 05.6008 03/15/2045 0.06%
NATL HEALTH INVESTORS INC 0.06%
NAVISTAR INTL CORP P/P 144A 06.6250 11/01/2025 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%
PEARSON PLC 0.06%
PRESIDENT CHAIN STORE CORP 0.06%
SIX FLAGS ENT P/P 144A 05.5000 04/15/2027 0.06%
SOLERA LLC / SOLERA P/P 144A 10.5000 03/01/2024 0.06%
SPIRIT REALTY CAPITAL INC 0.06%
SPY 20190621 P 245.00JPMCB 0.06%
SUNSTONE HOTEL INVESTORS INC 0.06%
TIM PARTICIPACOES SA 0.06%
TRANSDIGM INC 06.3750 06/15/2026 0.06%
TWO HARBORS INVESTMENT CORP 0.06%
UNITED OVERSEAS BANK LTD 0.06%
UNITEDHEALTH GROUP INC 03.8500 06/15/2028 0.06%
VERTEX PHARMACEUTICALS INC 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 00.9984 09/15/2057 0.06%
WP CAREY INC 0.06%
ALLERGAN PLC 0.05%
ALLY FINANCIAL INC 05.7500 11/20/2025 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%
BANCO SANTANDER BRASIL-UNIT 0.05%
BANCO SANTANDER-CHILE-ADR 0.05%
BANK OF CHINA LTD-H 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%
BP CAPITAL MARKETS PLC USD 02.3150 02/13/2020 0.05%
BRAND ENERGY TL L+425 06.5956 06/21/2024 0.05%
CALPINE CORPORATION 05.7500 01/15/2025 0.05%
CAS 2015-C01 1M2 06.5158 02/25/2025 0.05%
CCO HLDGS LLC/CAP CO P/P 144A 05.7500 02/15/2026 0.05%
CDX CDX.NA.IG.31 100.0 12/20/2023 0.05%
CGCMT 2014-GC21 AS 04.0260 05/10/2047 0.05%
CGPUTQL2 R US0003M P 11/27/18 CI 0.05%
CHARLES RIVER LABORATORIES 0.05%
CHARTER COMM OPT LLC 06.4840 10/23/2045 0.05%
COMCAST CORP 06.5000 11/15/2035 0.05%
COMM 2014-LC15 XA IO 01.4476 04/10/2047 0.05%
COMPASS MINERALS INT P/P 144A 04.8750 07/15/2024 0.05%
CORPORATE OFFICE PROPERTIES 0.05%
CPURNSA R 1.858 P 04/07/26 0.05%
DIGITAL REALTY TRUST LP 04.4500 07/15/2028 0.05%
GENPACT LTD 0.05%
GIGABYTE TECHNOLOGY CO LTD 0.05%
GREAT LAKES D&D 08.0000 05/15/2022 0.05%
GSMS 2014-GC22 XA IO 01.1470 06/10/2047 0.05%
HANA FINANCIAL GROUP 0.05%
HCA INC 05.5000 06/15/2047 0.05%
HESS INFRASTRUCTURE P/P 144A 05.6250 02/15/2026 0.05%
HIGHWOODS PROPERTIES INC 0.05%
HUNTINGTON INGALLS INDUSTRIE 0.05%
HYPERA SA 0.05%
ISHARES US REAL ESTATE ETF 0.05%
ISTAR INC 0.05%
KAO CORP 0.05%
KEYCORP 02.3000 12/13/2018 0.05%
MARINE HARVEST 0.05%
MORGAN STANLEY 02.6500 01/27/2020 0.05%
MR PRICE GROUP LTD 0.05%
MSRR 2015-R4 CB1 02.8904 08/26/2047 0.05%
MUENCHENER RUECKVER AG-REG 0.05%
NEWFIELD EXPLORATION CO 05.3750 01/01/2026 0.05%
NEWS CORP - CLASS A 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%
OMV AG 0.05%
PENSKE AUTOMOTIVE GROUP 05.5000 05/15/2026 0.05%
PERKINELMER INC 0.05%
PETROBRAS GLOBAL FIN USD 05.9990 01/27/2028 0.05%
PULTEGROUP INC. 07.8750 06/15/2032 0.05%
QUALICORP CONS E CORR SEG SA 0.05%
ROYAL BANK OF CANADA USD 02.1250 03/02/2020 0.05%
SINCLAIR TELEVISION P/P 144A 05.6250 08/01/2024 0.05%
SKF AB-B SHARES 0.05%
THE WILLIAMS COMPANIES INC. 08.7500 03/15/2032 0.05%
THERMO FISHER SCIENTIFIC INC 0.05%
TTM TECHNOLOGIES INC P/P 144A 05.6250 10/01/2025 0.05%
UPM-KYMMENE OYJ 0.05%
US CONCRETE INC 06.3750 06/01/2024 0.05%
WASHINGTON PRIME GROUP INC 0.05%
WEWORK COS INC P/P 144A 07.8750 05/01/2025 0.05%
WYNN LAS VEGAS P/P 144A 05.2500 05/15/2027 0.05%
AES CORP/THE 05.1250 09/01/2027 0.04%
AGILE GROUP HOLDINGS LTD 0.04%
AIR MEDICAL MERGER S P/P 144A 06.3750 05/15/2023 0.04%
AKORN INC 0.04%
ALFRESA HOLDINGS CORP 0.04%
AMAZON.COM INC 03.1500 08/22/2027 0.04%
AMERICAN TOWER CORP 03.5500 07/15/2027 0.04%
AMGEN INC 02.6000 08/19/2026 0.04%
APERGY CORP P/P 144A 06.3750 05/01/2026 0.04%
APPLE HOSPITALITY REIT INC 0.04%
ARAMARK 0.04%
ARCELORMITTAL USD 07.0000 10/15/2039 0.04%
AVAYA TLB L+425 06.4084 12/15/2024 0.04%
BANFF MERGER SUB INC P/P 144A 09.7500 09/01/2026 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%
BAUSCH HLTH COS INC P/P 144A 07.0000 03/15/2024 0.04%
BECTON DICKINSON AND CO 03.7000 06/06/2027 0.04%
BECTON DICKINSON AND CO 04.6690 06/06/2047 0.04%
BHP BILLITON LIMITED 0.04%
BIG RVR STL/FIN P/P 144A 07.2500 09/01/2025 0.04%
BIOGEN INC 0.04%
BIOGEN INC 03.6250 09/15/2022 0.04%
BRAND ENERGY & I P/P 144A 08.5000 07/15/2025 0.04%
BRANDYWINE REALTY TRUST 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%
BUILDERS FIRSTSOURCE P/P 144A 05.6250 09/01/2024 0.04%
CALIFORNIA RESOURC TL L+475 06.9622 11/17/2022 0.04%
CBS RADIO INC P/P 144A 07.2500 11/01/2024 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 01.3053 03/10/2047 0.04%
CGCMT 2014-GC21 C 04.7800 05/10/2047 0.04%
CHECK POINT SOFTWARE TECH 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%
CMLTI 2005-2 1A2A 04.0112 05/25/2035 0.04%
COCA-COLA AMATIL LTD 0.04%
COMM 2014-UBS6 XA IO 01.1114 12/10/2047 0.04%
CONTINENTAL RESOURCES 04.9000 06/01/2044 0.04%
CORESITE REALTY CORP 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%
CROWN RESORTS LTD 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%
ENDO FIN LLC/ENDO FI P/P 144A 05.3750 01/15/2023 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%
FIRSTRAND LTD 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%
GFL ENVIRONMENTAL P/P 144A 07.0000 06/01/2026 0.04%
GLENCORE FUNDING LLC P/P 144A 04.0000 04/16/2025 0.04%
GLP CAPITAL LP / FIN II 05.3750 04/15/2026 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%
GUANGZHOU R&F PROPERTIES - H 0.04%
HALFMOON PARENT INC P/P 144A 03.7500 07/15/2023 0.04%
HCP INC 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%
HOWARD HUGHES CORP P/P 144A 05.3750 03/15/2025 0.04%
HUDSON PACIFIC PROPERTIES IN 0.04%
HUSKY TLB L+300 05.2018 03/28/2025 0.04%
IMPERIAL HOLDINGS LTD 0.04%
INGEVITY CORP P/P 144A 04.5000 02/01/2026 0.04%
INTERCONTINENTAL EXCHANGE IN 0.04%
IRB BRASIL RESSEGUROS SA 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%
KERING 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%
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%
NABORS IND INC 05.7500 02/01/2025 0.04%
NATIONSTAR MORT/ 06.5000 07/01/2021 0.04%
NEWELL BRANDS INC 04.2000 04/01/2026 0.04%
NIELSEN FIN LLC/CO P/P 144A 05.0000 04/15/2022 0.04%
NOK/USD 12/19/2018 GSFX 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%
PIEDMONT OFFICE REALTY TRU-A 0.04%
POLA ORBIS 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%
SAIL 2004-10 A10 03.1158 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%
SPY 20190517 P 240.00BANKAM 0.04%
STEVENS HLDG CO INC P/P 144A 06.1250 10/01/2026 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%
TMS INTL CORP P/P 144A 07.2500 08/15/2025 0.04%
TRINIDAD DRILLING LT P/P 144A 06.6250 02/15/2025 0.04%
USIS MERGER SUB INC P/P 144A 06.8750 05/01/2025 0.04%
WANT WANT CHINA HOLDINGS LTD 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%
WEICHAI POWER CO LTD-H 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%
WILLIAMS COMPANIES INC 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%
3.15 R ISWP FWD US0003M P 12/19/2028 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%
ALLIANCE DATA SYS CO P/P 144A 05.3750 08/01/2022 0.03%
ALLISON TRANSMISSION P/P 144A 04.7500 10/01/2027 0.03%
AMER TRANS SYST P/P 144A 05.0000 09/01/2044 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%
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%
ASP AMC MERGER SUB P/P 144A 08.0000 05/15/2025 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%
AVAYA HOLDINGS CORP 0.03%
BANK OF AMERICA CORP 03.2480 10/21/2027 0.03%
BANK OF AMERICA CORP 06.1000 12/29/2049 0.03%
BAUSCH HLTH COS INC P/P 144A 09.2500 04/01/2026 0.03%
BERRY GLOBAL INC 05.1250 07/15/2023 0.03%
BIOSCRIP INC 08.8750 02/15/2021 0.03%
BP CAPITAL MARKETS PLC USD 01.7680 09/19/2019 0.03%
CANTOR FITZGERALD LP P/P 144A 06.5000 06/17/2022 0.03%
CAS 2016-C02 1M2 08.2158 09/25/2028 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%
CF INDUSTRIES INC 04.9500 06/01/2043 0.03%
CHARTER COMM OPT LLC 05.3750 05/01/2047 0.03%
CHS/COMMUNITY HEALT P/P 144A 08.1250 06/30/2024 0.03%
CIA SANEAMENTO BASICO DE SP 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 01.2414 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%
COMSTOCK ESCROW CORP P/P 144A 09.7500 08/15/2026 0.03%
CONTINENTAL RES 04.5000 04/15/2023 0.03%
CPURNSA R 1.92 P 08/07/25 0.03%
CROWN CORK & SEAL CO INC 07.3750 12/15/2026 0.03%
CROWNROCK LP/CROWNRO P/P 144A 05.6250 10/15/2025 0.03%
DAELIM INDUSTRIAL 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%
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 06.3259 06/30/2024 0.03%
ENBRIDGE INC USD 04.2500 12/01/2026 0.03%
ENDESA S.A. 0.03%
ENGIE 0.03%
EP ENER/EVEREST ACQ P/P 144A 09.3750 05/01/2024 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%
FIRST DATA CORP P/P 144A 07.0000 12/01/2023 0.03%
FISERV INC 04.2000 10/01/2028 0.03%
FORD MOTOR COMPANY 04.3460 12/08/2026 0.03%
FREEDOM MTGE CORP P/P 144A 08.1250 11/15/2024 0.03%
GEELY AUTOMOBILE HOLDINGS LT 0.03%
GENERAL MOTORS FINL CO 04.0000 10/06/2026 0.03%
GETTY REALTY CORP 0.03%
GLENCORE FUNDING LLC P/P 144A 04.6250 04/29/2024 0.03%
GNR 2013-99 AS IO 03.8848 06/20/2043 0.03%
GNR 2016-123 LI IO 03.5000 03/20/2044 0.03%
HCA INC 05.2500 06/15/2026 0.03%
HENDERSON LAND DEVELOPMENT 0.03%
HOSPITALITY PROP TRUST 04.3750 02/15/2030 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%
INDIGO NATURAL P/P 144A 06.8750 02/15/2026 0.03%
INDUSTRIAL BANK OF KOREA 0.03%
INTUITIVE SURGICAL INC 0.03%
IPSEN 0.03%
ITRON INC P/P 144A 05.0000 01/15/2026 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%
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%
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%
KUMBA IRON ORE LTD 0.03%
LIONS GATE CAP HOLD P/P 144A 05.8750 11/01/2024 0.03%
LLOYDS BANKING GROUP PLC 0.03%
LONDON STOCK EXCHANGE GROUP 0.03%
MACQUARIE BANK LTD P/P 144A 02.8500 07/29/2020 0.03%
MATCH GROUP INC P/P 144A 05.0000 12/15/2027 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 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 2013-C7 C 04.2546 02/15/2046 0.03%
MSBAM 2014-C17 C 04.6136 08/15/2047 0.03%
MSBAM 2014-C18 C 04.4893 10/15/2047 0.03%
NBCUNIVERSAL MEDIA LLC 05.1500 04/30/2020 0.03%
NEIMAN MARCUS TL L+325 05.3703 10/25/2020 0.03%
NORTHROP GRUMMAN CORP 03.2500 01/15/2028 0.03%
OCCIDENTAL PETROLEUM COR 04.4000 04/15/2046 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%
ORACLE CORP 03.2500 11/15/2027 0.03%
ORTHO-CLINICAL INC/S P/P 144A 06.6250 05/15/2022 0.03%
PEPSICO INC 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%
PQ CORP P/P 144A 05.7500 12/15/2025 0.03%
PROVIDENT FDG/PFG FI P/P 144A 06.3750 06/15/2025 0.03%
PS BUSINESS PARKS INC/CA 0.03%
RANDSTAD NV 0.03%
REVLON CONS TLB L+350 05.8103 09/07/2023 0.03%
SABRE GLBL INC P/P 144A 05.3750 04/15/2023 0.03%
SAMI 2007-AR7 1A1 03.0658 05/25/2047 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%
SMILES FIDELIDADE SA 0.03%
SMURFIT KAPPA TREASURY USD 07.5000 11/20/2025 0.03%
SPRINT CAPITAL CORPORATION 06.8750 11/15/2028 0.03%
SPY 20190418 P 235.00BANKAM 0.03%
STANDARD IND INC P/P 144A 05.3750 11/15/2024 0.03%
STARWOOD PROP TR 04.7500 03/15/2025 0.03%
STERIGENICS-NORDION P/P 144A 06.5000 05/15/2023 0.03%
SWISSCOM AG-REG 0.03%
TAIWAN DOLLAR CALL ACCOUNT 0.03%
TITAN ACQ LTD P/P 144A 07.7500 04/15/2026 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%
TRAVELPORT CORP FIN P/P 144A 06.0000 03/15/2026 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%
UBSBB 2012-C2 D P/P 144A 05.0497 05/10/2063 0.03%
UBSBB 2012-C3 C P/P 144A 05.2094 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%
VENTAS INC 0.03%
VERIZON COMMUNICATIONS 04.1250 03/16/2027 0.03%
VISTRA OPERATIONS CO P/P 144A 05.5000 09/01/2026 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%
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 04.4226 07/15/2046 0.03%
WFRBS 2011-C3 D P/P 144A 05.8645 03/15/2044 0.03%
WFRBS 2011-C5 XA IO P/P 144A 01.9017 11/15/2044 0.03%
WFRBS 2012-C10 XA IO P/P 144A 01.7164 12/15/2045 0.03%
WFRBS 2013-UBS1 AS 04.3060 03/15/2046 0.03%
WH GROUP LTD 0.03%
WILEY (JOHN) & SONS-CLASS A 0.03%
YY INC-ADR 0.03%
1011778 BC / NEW RED P/P 144A 04.6250 01/15/2022 0.02%
ABC SUPPLY CO INC P/P 144A 05.7500 12/15/2023 0.02%
ADVANCED INFO SERVICE-FOR RG 0.02%
AIR LEASE CORP 03.6250 04/01/2027 0.02%
AIRASIA GROUP BHD 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%
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%
AMER WOODMARK CORP P/P 144A 04.8750 03/15/2026 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%
ARISTOCRAT LEISURE LTD 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%
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%
BB&T CORP 0.02%
BEACON ROOFING SUPP P/P 144A 04.8750 11/01/2025 0.02%
BEACON ROOFING SUPPL 06.3750 10/01/2023 0.02%
BERKELEY GROUP HOLDINGS/THE 0.02%
BERKSHIRE HATHAWAY E 03.8000 07/15/2048 0.02%
BMW US CAPITAL LLC P/P 144A 03.9500 08/14/2028 0.02%
BOLIDEN AB 0.02%
BOYD GAMING CORP 06.3750 04/01/2026 0.02%
BRIGHT HORIZONS FAMILY SOLUT 0.02%
BROTHER INDUSTRIES LTD 0.02%
CALIFORNIA RESOURCES 05.0000 01/15/2020 0.02%
CALPINE CORP P/P 144A 05.2500 06/01/2026 0.02%
CANTOR FITZGERALD LP P/P 144A 07.8750 10/15/2019 0.02%
CARRIAGE SVCS INC P/P 144A 06.6250 06/01/2026 0.02%
CAS 2014-C02 1M2 04.8158 05/25/2024 0.02%
CAS 2014-C03 2M2 05.1158 07/25/2024 0.02%
CAS 2014-C04 1M2 07.1158 11/25/2024 0.02%
CAS 2015-C03 2M2 07.2158 07/25/2025 0.02%
CBRE SERVICES INC 04.8750 03/01/2026 0.02%
CBRE SERVICES INC 05.2500 03/15/2025 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%
CD 2016-CD1 XA IO 01.5623 08/10/2049 0.02%
CGCMT 2012-GC8 XA IO P/P 144A 01.9663 09/10/2045 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%
CHEVRON CORP 01.5610 05/16/2019 0.02%
CHINA MOBILE LTD 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 01.2718 08/10/2050 0.02%
COOPERATIEVE RABOBANK UA USD 05.2500 05/24/2041 0.02%
CORNERSTONE CHEM CO P/P 144A 06.7500 08/15/2024 0.02%
CPG MERGER SUB LLC P/P 144A 08.0000 10/01/2021 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%
CVS HEALTH CORP 05.0500 03/25/2048 0.02%
CWALT 2007-OH1 A1D 02.4258 04/25/2047 0.02%
DAI NIPPON PRINTING CO LTD 0.02%
DAIWA SECURITIES GROUP INC 0.02%
DENBURY RESOURCES INC 06.3750 08/15/2021 0.02%
DEUTSCHE BOERSE AG 0.02%
DIAMOND RESORTS INTL P/P 144A 07.7500 09/01/2023 0.02%
DIGITAL DELTA HLDG 03.4000 10/01/2020 0.02%
DISH NETWORK CV 03.3750 08/15/2026 0.02%
DUKE ENERGY CORP 03.1500 08/15/2027 0.02%
ECOPETROL SA-SPONSORED ADR 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 P/P 144A 08.0000 11/29/2024 0.02%
EQUINIX INC 05.3750 05/15/2027 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 04.7916 03/15/2041 0.02%
FIFTH THIRD BANCORP 05.1000 12/29/2049 0.02%
FIN & RISK US HOLD P/P 144A 06.2500 05/15/2026 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%
FORD OTOMOTIV 0.02%
FORTERRA TL L+300 05.0759 10/25/2023 0.02%
FOUR CORNERS PROPERTY TRUST 0.02%
FREEDOM MTGE CORP P/P 144A 08.2500 04/15/2025 0.02%
FREEPORT-MCMORAN INC 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 01.2798 10/20/2065 0.02%
GNR 2017-162 QI IO 05.0000 10/11/2047 0.02%
GNR 2017-H22 EI IO 02.7029 10/20/2067 0.02%
GOEASY LTD P/P 144A 07.8750 11/01/2022 0.02%
GRUPO AEROPORTUARIO DEL CENT 0.02%
GSAA 2007-6 1A1 02.3358 05/25/2047 0.02%
GUANGZHOU AUTOMOBILE GROUP-H 0.02%
HANESBRANDS INC P/P 144A 04.6250 05/15/2024 0.02%
HOCHTIEF AG 0.02%
HONG KONG EXCHANGES & CLEAR 0.02%
HSBC HOLDINGS PLC 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%
IHS MARKIT LTD USD 04.7500 08/01/2028 0.02%
INTER RAO UES PJSC 0.02%
INTL FLAVOR & FRAGRANCES 04.4500 09/26/2028 0.02%
IPALCO ENTPRS IN 03.7000 09/01/2024 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 05.8961 12/15/2044 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%
KIRIN HOLDINGS CO LTD 0.02%
KRATON POLYMERS LLC/ P/P 144A 07.0000 04/15/2025 0.02%
KYUSHU RAILWAY COMPANY 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%
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%
MLMI 2005-A2 A2 03.5386 02/25/2035 0.02%
MOLINA HEALTHCARE IN 05.3750 11/15/2022 0.02%
MSBAM 2014-C17 XA IO 01.3487 08/15/2047 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%
NEUBERGER BERMAN GRP P/P 144A 04.8750 04/15/2045 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%
NIELSEN CO LUXEM P/P 144A 05.0000 02/01/2025 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%
OASIS PETROLEUM INC P/P 144A 06.2500 05/01/2026 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%
PETROBRAS GLOBAL FINANCE USD 07.2500 03/17/2044 0.02%
PETROLEOS DE VEN P/P 144A 06.0000 11/15/2026 0.02%
PETROLEOS MEXICANOS USD 03.5000 01/30/2023 0.02%
PFIZER INC 03.0000 12/15/2026 0.02%
POMEGRANATE MERGER S P/P 144A 09.7500 05/01/2023 0.02%
PRECISION DRILL P/P 144A 07.1250 01/15/2026 0.02%
QVC INC 04.4500 02/15/2025 0.02%
RACKSPACE HOSTING INC L+300 05.3482 11/03/2023 0.02%
RADIANT OPTO-ELECTRONICS COR 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%
ROYAL BANK OF CANADA USD 04.6500 01/27/2026 0.02%
RTL GROUP 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%
SASC 2006-AM1 A4 02.3758 04/25/2036 0.02%
SCENTRE GROUP 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%
SIEMENS HEALTH 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 06.1250 11/15/2022 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%
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%
SYNNEX TECHNOLOGY INTL CORP 0.02%
T-MOBILE USA INC 04.7500 02/01/2028 0.02%
T-MOBILE USA INC 06.3750 03/01/2025 0.02%
TALLGRASS NRG PRTNR P/P 144A 05.5000 01/15/2028 0.02%
TENET HEALTHCARE CORP 08.1250 04/01/2022 0.02%
TENNANT CO 05.6250 05/01/2025 0.02%
THAI OIL PCL-FOREIGN 0.02%
THE AES CORPORATION 04.8750 05/15/2023 0.02%
TIER REIT INC 0.02%
TMX FIN LLC/TITLEMAX P/P 144A 11.1250 04/01/2023 0.02%
TRIPOD TECHNOLOGY CORP 0.02%
TRONOX INC P/P 144A 06.5000 04/15/2026 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%
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 04.1236 09/25/2035 0.02%
WAMU 2005-AR19 A1B3 02.5658 12/25/2045 0.02%
WARNER MEDIA LLC 02.9500 07/15/2026 0.02%
WASTE MANAGEMENT INC. 04.7500 06/30/2020 0.02%
WBCMT 2005-C21 D 05.4168 10/15/2044 0.02%
WEEKLEY HOMES LLC 06.0000 02/01/2023 0.02%
WESTROCK MWV LLC 07.9500 02/15/2031 0.02%
WFRBS 2013-C15 C 04.6207 08/15/2046 0.02%
WFRBS 2013-C16 AS 04.6680 09/15/2046 0.02%
WHITING PETROLEUM CORP 06.6250 01/15/2026 0.02%
WMG ACQUISITION CORP P/P 144A 05.0000 08/01/2023 0.02%
WOLTERS KLUWER 0.02%
WOLVERINE WORLD WIDE P/P 144A 05.0000 09/01/2026 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%
ZEKELMAN IND INC P/P 144A 09.8750 06/15/2023 0.02%
ZHONGSHENG GROUP HOLDINGS 0.02%
ZOETIS INC 03.9000 08/20/2028 0.02%
3.20 R ISWP FWD US0003M P 12/19/2048 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%
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%
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%
ASCENT RESOURCES/AR P/P 144A 07.0000 11/01/2026 0.01%
ASTRAL FOODS LTD 0.01%
ASTRAZENECA PLC USD 06.4500 09/15/2037 0.01%
BANCO DE CHILE-ADR 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%
BAUSCH HLTH COS INC P/P 144A 05.5000 11/01/2025 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%
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%
BMW US CAPITAL LLC P/P 144A 03.4000 08/13/2021 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%
BRAZILIAN REAL CALL ACCOUNT 0.01%
BROOKFIELD RESID PRO P/P 144A 06.1250 07/01/2022 0.01%
BT GROUP PLC 0.01%
BWAY HOLDING CO P/P 144A 05.5000 04/15/2024 0.01%
CAD/USD 10/17/2018 JPMCB 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%
CAS 2015-C02 1M2 06.2158 05/25/2025 0.01%
CAS 2016-C06 1M2 06.4658 04/25/2029 0.01%
CBS CORP 04.0000 01/15/2026 0.01%
CBS CORP 04.6000 01/15/2045 0.01%
CENTENE CORP 04.7500 05/15/2022 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%
CHESAPEAKE ENERGY CORP 05.7500 03/15/2023 0.01%
CHESAPEAKE ENERGY CORP 08.0000 06/15/2027 0.01%
CHINA SHINEWAY PHARMACEUTICA 0.01%
CLEVELAND-CLIFFS INC 05.7500 03/01/2025 0.01%
COCA-COLA CO/THE 02.2500 09/01/2026 0.01%
COCA-COLA EUROPEAN PARTNERS 0.01%
COLOPLAST-B 0.01%
COMM 2014-CR16 XA IO 01.3024 04/10/2047 0.01%
CONSOLIDATED EDISON INC 02.0000 03/15/2020 0.01%
CONTINENTAL RESOURCES 03.8000 06/01/2024 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%
CPURNSA R 2.356 P 07/02/28 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%
DAKOTA MERGER SUB P/P 144A 10.7500 09/01/2024 0.01%
DCP MIDSTREAM OPERATING 05.3750 07/15/2025 0.01%
DCP MIDSTREAM P/P 144A 06.7500 09/15/2037 0.01%
DENBURY RESOURCES P/P 144A 07.5000 02/15/2024 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%
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%
FRAC TECH INTL TLB L+475 06.8259 04/16/2021 0.01%
FREEPORT-MCMORAN INC 05.4500 03/15/2043 0.01%
FRONTIER COMM 10.5000 09/15/2022 0.01%
FRONTIER COMM 11.0000 09/15/2025 0.01%
GBP/USD 12/19/2018 CITI 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%
GLOW ENERGY PCL - FOREIGN 0.01%
GRAY TELEVISION INC P/P 144A 05.8750 07/15/2026 0.01%
GUANGZHOU BAIYUNSHAN PHARM-H 0.01%
HAIER ELECTRONICS GROUP CO 0.01%
HALCON RESOURCES CORP 0.01%
HANNSTAR DISPLAY CORP 0.01%
HOSPITALITY PROPERTIES T 04.5000 03/15/2025 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%
INDOFOOD SUKSES MAKMUR TBK P 0.01%
INFOR US INC 06.5000 05/15/2022 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%
ISBANK-C 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%
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%
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 11/19/2018 GSFX 0.01%
JPY/USD 11/19/2018 HSBCB 0.01%
JPY/USD 11/19/2018 SSBT 0.01%
JPY/USD 11/19/2018 WPAC 0.01%
KEANE GROUP TLB L+375 06.0794 05/25/2025 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%
KONINKLIJKE PHILIPS NV 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%
MANILA ELECTRIC COMPANY 0.01%
MEG ENERGY CORP P/P 144A 07.0000 03/31/2024 0.01%
MERCER INTL INC USD 05.5000 01/15/2026 0.01%
MERCER INTL INC USD 07.7500 12/01/2022 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%
MOLINA HEALTHCARE IN P/P 144A 04.8750 06/15/2025 0.01%
MONMOUTH REAL ESTATE INV COR 0.01%
MOTIVA ENTERPRISES P/P 144A 05.7500 01/15/2020 0.01%
MSBAM 2013-C12 XA IO 00.8120 10/15/2046 0.01%
NASPERS LTD-N SHS 0.01%
NATIONSTAR MTG P/P 144A 09.1250 07/15/2026 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%
NINE POINT ENERGY CNV PRF 0.01%
NINE POINT ENERGY COM 0.01%
NOBLE HLDG INTL LTD P/P 144A 07.8750 02/01/2026 0.01%
NOK/USD 12/19/2018 JPMCB 0.01%
NOK/USD 12/19/2018 SSBT 0.01%
NRG ENERGY INC P/P 144A 05.7500 01/15/2028 0.01%
NUTRIEN LTD USD 04.1250 03/15/2035 0.01%
NUTRIEN LTD USD 05.2500 01/15/2045 0.01%
PARK-OHIO INDUSTRIES INC 06.6250 04/15/2027 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 MEXICANOS USD 04.8750 01/24/2022 0.01%
PETSMART INC P/P 144A 07.1250 03/15/2023 0.01%
PLATFORM SPECIALTY P/P 144A 06.5000 02/01/2022 0.01%
PULTEGROUP INC 05.5000 03/01/2026 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%
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%
SAO MARTINHO SA 0.01%
SAUL CENTERS INC 0.01%
SCHRODERS PLC 0.01%
SEK/USD 12/19/2018 GSFX 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 06.6250 01/15/2027 0.01%
SOUTH32 LTD 0.01%
SPIRIT MTA REIT 0.01%
SPRINGLEAF FINANCE CORP 07.1250 03/15/2026 0.01%
ST SHINE OPTICAL CO LTD 0.01%
STEEL DYNAMICS INC 04.1250 09/15/2025 0.01%
STOCKLAND 0.01%
SUZUKI MOTOR CORP 0.01%
SWIRE PROPERTIES LTD 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%
TAISHO PHARMACEUTICAL HOLDIN 0.01%
TARGA RES PRTNRS 05.3750 02/01/2027 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%
TELKOM SA SOC LTD 0.01%
TENNECO INC 05.3750 12/15/2024 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%
TIANNENG POWER INTL LTD 0.01%
TOWNSQUARE MEDIA INC P/P 144A 06.5000 04/01/2023 0.01%
TRANSDIGM INC 06.5000 05/15/2025 0.01%
TRANSOCEAN PONTUS LT P/P 144A 06.1250 08/01/2025 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%
USD/CNH CALL 7.00 20190404 GSFX 0.01%
VERIZON COMMUNICATIONS 04.4000 11/01/2034 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%
VMWARE INC 03.9000 08/21/2027 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%
WELLCARE HLTH PLANS P/P 144A 05.3750 08/15/2026 0.01%
WINDSTREAM SRVC / P/P 144A 09.0000 06/30/2025 0.01%
WM MORRISON SUPERMARKETS 0.01%
WMG ACQUISITION CORP P/P 144A 05.5000 04/15/2026 0.01%
WPX ENERGY INC 06.0000 01/15/2022 0.01%
3.05 R ISWP FWD US0003M P 12/19/2020 0.00%
3.10 R ISWP FWD US0003M P 12/19/2023 0.00%
3.143 R ISWP US0003M P 09/28/2028 0.00%
AMERICAN AXLE & MFG INC 07.7500 11/15/2019 0.00%
ASTRO MALAYSIA 0.00%
AU OPTRONICS CORP 0.00%
AUD/USD 10/17/2018 BANKAM 0.00%
AUD/USD 10/17/2018 CITI 0.00%
AUSTRALIAN DOLLAR ACCOUNT 0.00%
AVAYA INC ESCROW P/P 144A 07.0000 04/01/2019 0.00%
BAUSCH HLTH COS INC P/P 144A 05.6250 12/01/2021 0.00%
BGC PARTNERS INC 05.1250 05/27/2021 0.00%
CAD/USD 10/17/2018 BANKAM 0.00%
CAD/USD 10/17/2018 BCAP-FX 0.00%
CAD/USD 10/17/2018 GSFX 0.00%
CAD/USD 10/17/2018 HSBCB 0.00%
CAD/USD 10/17/2018 SSBT 0.00%
CAD/USD 10/17/2018 WPAC 0.00%
CHEMOURS CO 06.6250 05/15/2023 0.00%
CHF/USD 12/19/2018 CSI-FX 0.00%
CHF/USD 12/19/2018 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 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.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 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 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 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 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-.7 2047-01-17 300.0 01/17/2047 CG 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 CS 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
COMCAST CORP 02.3500 01/15/2027 0.00%
COMCAST CORP 03.1500 03/01/2026 0.00%
CONCORDIA INTERNATIONAL CORP 0.00%
CPURNSA R 2.3075 P 04/06/28 0.00%
CPURNSA R 2.3875 P 07/09/28 0.00%
DELTA MERGER SUB P/P 144A 06.0000 09/15/2026 0.00%
DKK/USD 12/19/2018 CITI 0.00%
ESC SEVENTYSEVENERG 06.5000 07/15/2022 0.00%
ESTACIO PARTICIPACOES SA 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 CSI-FX 0.00%
EUR/USD 12/19/2018 GSFX 0.00%
EUR/USD 12/19/2018 HSBCB 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%
EURO BUXL 30Y BND DEC18 UBZ8 0.00%
EURO-BOBL FUTURE DEC18 OEZ8 0.00%
EURO-BUND FUTURE DEC18 RXZ8 0.00%
EURO-SCHATZ FUT DEC18 DUZ8 0.00%
FIDELITY NATIONAL INFORM 05.0000 10/15/2025 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 GSFX 0.00%
GBP/USD 12/19/2018 HSBCB 0.00%
GBP/USD 12/19/2018 JPMCB 0.00%
GBP/USD 12/19/2018 SSBT 0.00%
GBP/USD 12/19/2018 UBS 0.00%
GENERAL MOTORS FINL CO 04.0000 01/15/2025 0.00%
HALCON RESOURCES CORP - WARRA 0.00%
HKD/USD 11/19/2018 BANKAM 0.00%
HONG KONG DOLLAR CALL ACCOUNT 0.00%
IDR/USD 12/19/2018 HSBCB 0.00%
ILS/USD 10/17/2018 SSBT 0.00%
INDONESIAN RUPIAH CALL ACCOUNT 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) DEC18 JBZ8 0.00%
JPY/USD 11/19/2018 BANKAM 0.00%
JPY/USD 11/19/2018 BCAP-FX 0.00%
JPY/USD 11/19/2018 CITI 0.00%
JPY/USD 11/19/2018 CSI-FX 0.00%
JPY/USD 11/19/2018 RBSF 0.00%
JPY/USD 11/19/2018 UBS 0.00%
KB FINANCIAL GROUP INC 0.00%
KOREAN WON CALL ACCOUNT 0.00%
KRAFT HEINZ FOODS CO 04.3750 06/01/2046 0.00%
L3 TECHNOLOGIES INC 03.8500 12/15/2026 0.00%
LONG GILT FUTURE DEC18 G Z8 0.00%
MALAYSIAN RINGGIT CALL ACCOUNT 0.00%
MGM RESORTS INTL 06.6250 12/15/2021 0.00%
NABORS INDUSTRIES INC. 05.5000 01/15/2023 0.00%
NOK/USD 12/19/2018 RBSF 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 10/17/2018 GSFX 0.00%
NZD/USD 10/17/2018 RBSF 0.00%
NZD/USD 10/17/2018 SSBT 0.00%
NZD/USD 10/17/2018 UBS 0.00%
NZD/USD 10/17/2018 WPAC 0.00%
PETROBRAS GLOBAL FIN USD 05.2990 01/27/2025 0.00%
POU CHEN 0.00%
POUND STERLING CALL ACCOUNT 0.00%
ROSE ROCK MIDSTREAM/ 05.6250 11/15/2023 0.00%
S&P500 EMINI FUT DEC18 ESZ8 0.00%
SEK/USD 12/19/2018 BANKAM 0.00%
SEK/USD 12/19/2018 CITI 0.00%
SEK/USD 12/19/2018 HSBCB 0.00%
SEK/USD 12/19/2018 RBSF 0.00%
SEK/USD 12/19/2018 SSBT 0.00%
SGD/USD 11/19/2018 JPMCB 0.00%
SOUTH AFRICAN RAND CALL ACCOUNT 0.00%
SPY 20181012 C 297.50CITI 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%
TERVITA CORP 0.00%
THE EURO EUR CALL ACCOUNT 0.00%
TOPIX INDX FUTR DEC18 TPZ8 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%
US ULTRA BOND CBT DEC18 WNZ8 0.00%
WYNDHAM DESTINATIONS INC 05.7500 04/01/2027 0.00%
AUD/USD 10/17/2018 CSI-FX -0.01%
AUD/USD 10/17/2018 HSBCB -0.01%
AUD/USD 10/17/2018 RBSF -0.01%
AUD/USD 10/17/2018 WPAC -0.01%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP -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%
EUR/USD 12/19/2018 JPMCB -0.01%
SEK/USD 12/19/2018 JPMCB -0.01%
SPY 20181031 C 300.00JPMCB -0.01%
USD/CNH CALL 7.20 20190404 GSFX -0.01%
EMIN RUSSELL 2000 DEC18 RTYZ8 -0.02%
CPURNSA R 2.5925 P 09/10/22 -0.04%
RU10INTR P US0003M R 11/27/18 CI -0.04%
RU10INTR P US0003M R 06/13/19 BA -0.06%
JPY/USD 11/19/2018 JPMCB -0.07%
CPURNSA R 2.5325 P 08/08/22 -0.08%
CPURNSA R 2.76 P 01/09/23 -0.17%
CPURNSA R 2.81 P 02/08/23 -0.22%
CDX CDX.EM.30 100.0 12/20/2023 -0.26%
CPURNSA R 2.57 P 07/19/23 -0.31%
CDX CDX.NA.HY.31 500.0 12/20/2023 -0.53%

Prior top 10 holdings

Top 10 holdings as of 10/31/18
S&P Gsci 3 Month Forward Index TR 3X Note 10/7/2019
Fnma Fn30 Tba 04.0000 11/01/2048
Gnma Gii30 Tba 03.5000 11/01/2048
S&P Gsci Total Return Index 3x Note 11/5/2018
Fnma Fn30 Tba 03.0000 11/01/2048
S&P Gsci TOT Return Indx 3X Note 08/20/2019
S&P Gsci 3x Note 04/01/2019
Jpmorgan Chase & Co Sedol 2190385
Apple Inc Sedol 2046251
Fnma Fn30 Tba 06.0000 11/01/2048
Holdings represent 15.90% of portfolio
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

Portfolio composition as of 10/31/18

U.S. TIPS 33.05%
International bonds 27.73%
U.S. Investment-grade bonds 25.50%
Commodities 21.76%
U.S. Equity 20.62%
International equity 12.12%
Emerging-market bonds 5.45%
U.S. High-yield bonds 4.84%
Emerging-markets equity 4.61%
Real estate investment trust 3.40%
U.S. money markets -59.08%

Fixed income statistics as of 10/31/18

Average effective maturity 9.96 yrs.
Average effective duration 6.68 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.