Dynamic Risk Allocation Fund (Class Y)  (PDRYX)

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

Highlights

Objective

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

Strategy and process

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

Fund price

Yesterday’s close 52-week high 52-week low
Net asset value $11.40
0.00% | $0.00
$11.81
01/26/18
$10.83
07/07/17
Historical fund price

Fund facts as of 04/30/18

Total net assets
$155.48M
Turnover (fiscal year end)
299%
Dividend frequency
Annually
Number of holdings
1361
Fiscal year-end
May
CUSIP / Fund code
746764182 / 1879
Inception date
09/19/11
Category
Asset Allocation
Open to new investors
Ticker
PDRYX

Management team

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

5.21%

Best 5-year annualized return

(for period ending 09/30/16)


3.53%

Worst 5-year annualized return

(for period ending 09/30/17)


4.05%

Average 5-year annualized return


  • Total return (%) as of 03/31/18

  • Annual performance as of 03/31/18

Annualized Total return (%) as of 03/31/18

Annualized performance 1 yr. 3 yrs. 5 yrs. Life (inception: 09/19/11 )
Before sales charge 7.99% 3.58% 3.57% 5.00%
After sales charge N/A N/A N/A N/A
Custom Dynamic Risk Allocation Index 10.99% 5.03% 4.29% --

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 (1.00% and 0.75% for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 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 Absolute Return 100 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 04/30/18 0.80 % -
YTD as of 05/18/18 -0.70 % -

Risk-adjusted performance as of 04/30/18

Alpha (3 yrs.) -0.49
Sharpe ratio (3 yrs.) 0.46
Treynor ratio (3 yrs.) 3.22
Information ratio (3 yrs.) -0.36

Volatility as of 04/30/18

Standard deviation (3 yrs.) 6.31%
Beta 0.91
R-squared 0.87

Capture ratio as of 04/30/18

Up-market (3 yrs.) 94.77
Down-market (3 yrs.) 103.38

Lipper rankings as of 04/30/18

Alternative Global Macro Funds Percentile ranking Rank/Funds in category
1 yr. 33% 85/264
3 yrs. 29% 68/241
5 yrs. 30% 57/195
10 yrs.   --

Morningstar ratings as of 04/30/18

Allocation--30% to 50% Equity Rating Funds in category
Overall (419)
3 yrs. (419)
5 yrs. (354)

Distributions

Record/Ex dividend date 12/18/17
Payable date 12/20/17
Income $0.345
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 04/30/18

S&P Gsci 3x Note 04/01/2019 2.28%
S&P Gsci 3 Month Forward Index TR 3X Note 9/7/2018 2.09%
S&P Gsci Total Return Index 3x Note 11/5/2018 2.01%
Fnma Fn30 Tba 04.0000 05/01/2048 1.97%
Gnma Gii30 Tba 03.5000 05/01/2048 1.93%
Fnma Fn30 Tba 03.0000 05/01/2048 1.86%
S&P Gsci TOT Return Indx 3X Note 07/23/2018 1.44%
JPMorgan Chase 0.79%
S&P Gsci TOT Return Indx 3X Note 09/04/2018 0.75%
Fnma Fn30 Tba 06.0000 05/01/2048 0.71%
Top 10 holdings, percent of portfolio 15.83%

Full portfolio holdings as of 03/31/18

S&P GSCI 3 MONTH FORWARD INDEX TR 3X NOTE 9/7/2018 2.10%
S&P GSCI 3X NOTE 04/01/2019 2.01%
FNMA FN30 TBA 04.0000 04/01/2048 1.99%
GNMA GII30 TBA 03.5000 04/01/2048 1.96%
FNMA FN30 TBA 03.0000 04/01/2048 1.89%
S&P GSCI TOTAL RETURN INDEX 3X NOTE 11/5/2018 1.80%
S&P GSCI TOT RETURN INDX 3X NOTE 7/23/2018 1.31%
JPMORGAN CHASE & CO 0.80%
FNMA FN30 TBA 06.0000 04/01/2048 0.72%
S&P GSCI TOTAL RETURN INDEX 3X NOTE 09/04/2018 0.67%
FNMA FN15 TBA 03.0000 04/01/2033 0.65%
ALPHABET INC-CL A 0.64%
RAYTHEON COMPANY 0.55%
APPLE INC 0.54%
NORTHROP GRUMMAN CORP 0.54%
MCDONALD'S CORP 0.53%
TIME WARNER INC 0.52%
PNC FINANCIAL SERVICES GROUP 0.51%
COGNIZANT TECH SOLUTIONS-A 0.50%
CONSTELLATION BRANDS INC-A 0.50%
EBAY INC 0.50%
INTUIT INC 0.50%
TEXAS INSTRUMENTS INC 0.50%
DANAHER CORP 0.49%
AMERICAN EXPRESS CO 0.48%
ISHARES MSCI INDIA ETF 0.47%
SAMSUNG ELECTRONICS CO LTD 0.47%
HUMANA INC 0.46%
RU10INTR P US0003M R 11/16/18 BA 0.45%
AMERICAN ELECTRIC POWER 0.42%
EXXON MOBIL CORP 0.42%
PFIZER INC 0.42%
TJX COMPANIES INC 0.42%
OCCIDENTAL PETROLEUM CORP 0.41%
HONEYWELL INTERNATIONAL INC 0.40%
LOWES COMPANIES INC 0.40%
S&P GSCI TOT RETURN INDX 3X 144A NOTE 9/7/2018 0.40%
KIMBERLY-CLARK CORP 0.37%
JOHNSON & JOHNSON 0.36%
EQUITY RESIDENTIAL TR REIT 0.34%
BAXTER INTERNATIONAL INC 0.33%
ALLSTATE CORP 0.32%
DUKE ENERGY CORP 0.31%
MARATHON PETROLEUM CORP 0.31%
MICROSOFT CORP 0.31%
GENERAL DYNAMICS CORP 0.30%
NORFOLK SOUTHERN CORP 0.30%
WALT DISNEY CO/THE 0.30%
HP INC 0.29%
FIDELITY NATIONAL INFO SERV 0.28%
APPLIED MATERIALS INC 0.27%
RED HAT INC 0.27%
VERIZON COMMUNICATIONS INC 0.27%
F5 NETWORKS INC 0.26%
FACEBOOK INC-A 0.26%
HARRIS CORP 0.25%
NETAPP INC 0.25%
SYSCO CORP 0.25%
CROWN HOLDINGS INC 0.24%
NOVARTIS AG-REG 0.24%
ROCHE HOLDING AG-GENUSSCHEIN 0.23%
ROSS STORES INC 0.23%
SIMON PROPERTY GROUP INC 0.23%
TENCENT HOLDINGS LTD 0.23%
WASTE MANAGEMENT INC 0.23%
PETROBRAS GLOBAL FINANCE USD 06.2500 03/17/2024 0.22%
CME GROUP INC 0.21%
COMMONWEALTH BK AUST P/P 144A 02.2000 11/09/2020 0.21%
FISERV INC 0.21%
KINDER MORGAN INC 0.21%
L3 TECHNOLOGIES INC 0.21%
MONSTER BEVERAGE CORP 0.21%
TOTAL SA 0.21%
TRAVELERS COS INC/THE 0.21%
ZOETIS INC 0.21%
2.90 R ISWP FWD US0003M P 06/20/2028 0.20%
ALLIANZ SE-REG 0.20%
CAS 2016-C03 2M2 07.7715 10/25/2028 0.20%
EXELON CORP 0.20%
LOEWS CORP 0.20%
MERCK & CO. INC. 0.20%
SPST 2018-1 A 02.4747 04/24/2019 0.20%
SPY 20190315 P 245.00JPMCB 0.20%
VALERO ENERGY CORP 0.20%
CHINA CONSTRUCTION BANK-H 0.19%
PROCTER & GAMBLE CO/THE 0.19%
SPY 20190118 P 250.00CITI 0.19%
SUNTRUST BANKS INC 0.19%
UNITEDHEALTH GROUP INC 0.19%
WORLDPAY INC-CLASS A 0.19%
MAXIM INTEGRATED PRODUCTS 0.18%
PROLOGIS INC 0.18%
PVH CORP 0.18%
US BANCORP 0.18%
WESTPAC BANKING CORP USD 02.1500 03/06/2020 0.18%
3I GROUP PLC 0.17%
ENEL SPA 0.17%
HERSHEY CO/THE 0.17%
KANSAS CITY SOUTHERN 0.17%
PUBLIC STORAGE 0.17%
SKANDINAVISKA ENSKIL P/P 144A 02.6250 11/17/2020 0.17%
AGNC INVESTMENT CORP 0.16%
ANNALY CAPITAL MANAGEMENT IN 0.16%
APPLE INC 02.1000 05/06/2019 0.16%
BHP BILLITON LIMITED 0.16%
IND & COMM BK OF CHINA-H 0.16%
INDUSTRIAL BANK OF KOREA 0.16%
ITOCHU CORP 0.16%
MITSUBISHI UFJ FINANCIAL GRO 0.16%
SHERWIN-WILLIAMS CO/THE 0.16%
SIEMENS FINANCIERING P/P 144A 02.2000 03/16/2020 0.16%
SPY 20190215 P 240.00CITI 0.16%
SUMITOMO MITSUI FINANCIAL GR 0.16%
BOOKING HOLDINGS INC 0.15%
GOLDMAN SACHS GROUP INC 02.6000 12/27/2020 0.15%
SERVICE CORP INTL 05.3750 05/15/2024 0.15%
US FOODS HOLDING CORP 0.15%
AMAZON.COM INC 0.14%
AMGEN INC 0.14%
AVERY DENNISON CORP 0.14%
CAS 2015-C04 1M2 07.5715 04/25/2028 0.14%
CENTRAL JAPAN RAILWAY CO 0.14%
CLEAR CHANNEL COMMUN 09.0000 12/15/2019 0.14%
KDDI CORP 0.14%
LLOYDS BANKING GROUP PLC USD 07.5000 04/30/2049 0.14%
MIZUHO FINANCIAL GROUP INC 0.14%
SK HYNIX INC 0.14%
SPST 2017-6 A 02.3025 11/24/2018 0.14%
STATOIL ASA 0.14%
SYNOPSYS INC 0.14%
ALIBABA GROUP HOLDING-SP ADR 0.13%
ALTRIA GROUP INC 0.13%
AMERICAN INTL GROUP 08.1750 05/15/2058 0.13%
AVALONBAY COMMUNITIES INC 0.13%
BANK OF AMERICA CORP 06.1100 01/29/2037 0.13%
BNP PARIBAS 0.13%
BOUYGUES SA 0.13%
BT GROUP PLC 0.13%
CAS 2015-C04 2M2 07.4215 04/25/2028 0.13%
CWALT 2006-OA7 1A2 02.2225 06/25/2046 0.13%
EPR PROPERTIES 0.13%
HITACHI LTD 0.13%
MUENCHENER RUECKVER AG-REG 0.13%
NIPPON TELEGRAPH & TELEPHONE 0.13%
NN GROUP NV 0.13%
ORIX CORP 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%
RU10INTR P US0003M R 11/27/18 CI 0.13%
RUSSIAN FEDERATION P/P 144A 04.3750 03/21/2029 0.13%
SFR GROUP SA P/P 144A 06.0000 05/15/2022 0.13%
SPY 20181221 P 235.00JPMCB 0.13%
TUI AG-DI 0.13%
UBS GROUP FUNDIN P/P 144A 03.0000 04/15/2021 0.13%
UNITED TECHNOLOGIES CORP 01.9000 05/04/2020 0.13%
VINCI SA 0.13%
ABBVIE INC 0.12%
ABN AMRO GROUP NV-CVA 0.12%
AGEAS 0.12%
AGRICULTURAL BANK OF CHINA-H 0.12%
AXA SA 0.12%
BOSTON PROPERTIES INC 0.12%
CAMDEN PROPERTY TRUST 0.12%
CDK GLOBAL INC 0.12%
FIAT CHRYSLER AUTOMOBILES NV 0.12%
FONCIERE DES REGIONS 0.12%
JPMORGAN CHASE & CO 03.9640 11/15/2048 0.12%
LIBERTY PROPERTY TRUST 0.12%
MARUBENI CORP 0.12%
NEW RESIDENTIAL INVESTMENT 0.12%
ORACLE CORPORATION 02.2500 10/08/2019 0.12%
PERSIMMON PLC 0.12%
PHILLIPS 66 0.12%
PINNACLE FOODS INC 0.12%
RESONA HOLDINGS INC 0.12%
SAINSBURY (J) PLC 0.12%
SPRINT CORP 07.2500 09/15/2021 0.12%
TAIWAN SEMICONDUCTOR-SP ADR 0.12%
TAYLOR WIMPEY PLC 0.12%
UCB SA 0.12%
ANGLO AMER PLC 0.11%
ANHEUSER-BUSCH INBEV FIN 04.9000 02/01/2046 0.11%
CK ASSET HOLDINGS LTD 0.11%
COCA-COLA AMATIL LTD 0.11%
COVESTRO AG 0.11%
CSC HOLDINGS LLC 05.2500 06/01/2024 0.11%
DUKE REALTY CORP 0.11%
ENERGY TRANSFER EQUITY L.P. 05.8750 01/15/2024 0.11%
ENI SPA 0.11%
ERAC USA FINANCE LLC P/P 144A 07.0000 10/15/2037 0.11%
ESSEX PROPERTY TRUST INC 0.11%
EVONIK INDUSTRIES AG 0.11%
FORD MOTOR CO 0.11%
GSMS 2010-C1 D P/P 144A 06.0517 08/10/2043 0.11%
HOYA CORP 0.11%
INDUSTRIVARDEN AB-A SHS 0.11%
MICHAEL KORS HOLDINGS LTD 0.11%
MICROSOFT CORP 01.5500 08/08/2021 0.11%
MITSUI AND CO LTD 0.11%
PETROLEOS MEXICANOS USD 06.5000 03/13/2027 0.11%
PEUGEOT SA 0.11%
PTT GLOBAL CHEMICAL PCL-FOR 0.11%
PTT PCL/FOREIGN 0.11%
TENAGA NASIONAL BHD 0.11%
WELLTOWER INC 0.11%
ACS ACTIVIDADES 0.10%
AES CORP/THE 05.5000 04/15/2025 0.10%
ANHUI CONCH CEMENT CO LTD-H 0.10%
BANCO SANTANDER BRASIL-UNIT 0.10%
BWAY HOLDING CO P/P 144A 07.2500 04/15/2025 0.10%
CELGENE CORP 0.10%
CIMIC GROUP LTD 0.10%
DELL TECHNOLOGIES INC-CL V 0.10%
DIAMOND 1 FIN/DIAMON P/P 144A 05.4500 06/15/2023 0.10%
ECOLAB INC 0.10%
ELECTROLUX AB-SER B 0.10%
ENERGY TRANSFER PARTNERS 06.6250 02/15/2028 0.10%
EXTRA SPACE STORAGE INC 0.10%
FAURECIA 0.10%
HILTON WORLDWIDE FIN LLC 04.8750 04/01/2027 0.10%
HOST HOTELS & RESORTS INC 0.10%
HYATT HOTELS CORP - CL A 0.10%
JPMBB 2014-C22 XA IO 00.9128 09/15/2047 0.10%
KINGFISHER PLC 0.10%
LOTTE CHEMICAL CORP 0.10%
OLD REPUBLIC INTL CORP 0.10%
PROVINCIA DE CORDOBA P/P 144A 07.1250 08/01/2027 0.10%
RECORDATI SPA 0.10%
REP OF ARGENTINA USD 06.8750 01/26/2027 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%
SWISSCOM AG-REG 0.10%
WH GROUP LTD 0.10%
21ST CENTURY FOX AMERICA 07.7500 12/01/2045 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%
CIA SANEAMENTO BASICO DE SP 0.09%
CVS HEALTH CORP 02.2500 12/05/2018 0.09%
DEUTSCHE POST AG-REG 0.09%
ELI LILLY & CO 0.09%
GAMING AND LEISURE PROPERTIE 0.09%
GGP INC 0.09%
GILEAD SCIENCES INC 0.09%
GLAXOSMITHKLINE PLC 0.09%
GOLDMAN SACHS GROUP INC 02.3000 12/13/2019 0.09%
HYPERA SA 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%
LAMB WESTON HOLDINGS P/P 144A 04.8750 11/01/2026 0.09%
NBCUNIVERSAL MEDIA LLC 04.3750 04/01/2021 0.09%
PARK HOTELS & RESORTS INC 0.09%
PETROBRAS GLOBAL FINANCE USD 07.2500 03/17/2044 0.09%
ROYAL BANK OF CANADA USD 02.2000 07/27/2018 0.09%
ROYAL MAIL PLC 0.09%
SHIONOGI & CO LTD 0.09%
SK TELECOM 0.09%
SL GREEN REALTY CORP 0.09%
SPY 20181116 P 225.00JPMCB 0.09%
STARWOOD PROPERTY TRUST INC 0.09%
SWISS RE AG 0.09%
TELSTRA CORP LTD 0.09%
UDR INC 0.09%
VIDEOTRON LTD / LTEE P/P 144A 05.1250 04/15/2027 0.09%
YUANTA FINANCIAL HOLDING CO 0.09%
ZAYO GROUP HOLDINGS INC 0.09%
ADECCO GROUP AG-REG 0.08%
ALEXANDRIA REAL ESTATE EQUIT 0.08%
ALLY FINANCIAL INC 08.0000 11/01/2031 0.08%
ARKEMA 0.08%
BANK OF COMMUNICATIONS - H 0.08%
BRISTOL-MYERS SQUIBB CO 0.08%
BWX TECHNOLOGIES INC 0.08%
CHENIERE CORP CHRIST 05.8750 03/31/2025 0.08%
CSMC 2016-NXSR C 04.3634 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%
GOLDMAN SACHS GROUP INC 03.8500 01/26/2027 0.08%
HOME DEPOT INC 0.08%
IMPERIAL HOLDINGS LTD 0.08%
INGREDION INC 0.08%
JPMORGAN CHASE & CO 03.6250 12/01/2027 0.08%
KOC HLDG 0.08%
MACQUARIE GROUP LTD P/P 144A 07.6250 08/13/2019 0.08%
MERCK & CO. INC. 01.3000 05/18/2018 0.08%
MOLSON COORS 01.9000 03/15/2019 0.08%
MORGAN STANLEY 03.6250 01/20/2027 0.08%
REINSURANCE GROUP OF AMERICA 0.08%
ROYAL DUTCH SHELL PLC-B SHS 0.08%
SMILES FIDELIDADE SA 0.08%
SPST 2017-LD1 A 02.6715 11/25/2050 0.08%
SPY 20181019 P 225.00BANKAM 0.08%
ST SHINE OPTICAL CO LTD 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%
TARGA RESOURCES PART P/P 144A 05.0000 01/15/2028 0.08%
TOYOTA TSUSHO CORP 0.08%
UNITED OVERSEAS BANK LTD 0.08%
VALEANT PHARMA P/P 144A 06.1250 04/15/2025 0.08%
WAMU 2005-AR12 1A8 03.2368 10/25/2035 0.08%
YY INC-ADR 0.08%
AMDOCS LTD 0.07%
ASSOCIATED BRITISH FOODS PLC 0.07%
BARRATT DEVELOPMENTS PLC 0.07%
BASF SE 0.07%
BERRY GLOBAL GROUP INC 0.07%
CHIMERA INVESTMENT CORP 0.07%
CHINA RAILWAY GROUP LTD-H 0.07%
CLUBCORP HLDG INC P/P 144A 08.5000 09/15/2025 0.07%
COMM 2014-UBS6 C 04.4637 12/10/2047 0.07%
CONCHO RESOURCES INC 03.7500 10/01/2027 0.07%
CONSOLIDATED EDISON COMPANY 07.1250 12/01/2018 0.07%
CPURNSA R 1.76 P 07/08/26 BA 0.07%
DNB NOR ASA 0.07%
DOUGLAS EMMETT INC 0.07%
GNR 2016-135 PI IO 04.0000 05/20/2046 0.07%
GOLDEN NUGGET INC P/P 144A 06.7500 10/15/2024 0.07%
GRUMA S.A.B.-B 0.07%
INCEPTION MRGR/RACK P/P 144A 08.6250 11/15/2024 0.07%
INTELSAT JACKSON HLD P/P 144A 09.7500 07/15/2025 0.07%
IRON MOUNTAIN INC 0.07%
JACK OHIO FIN LLC/FI P/P 144A 10.2500 11/15/2022 0.07%
JPMBB 2014-C22 C 04.5592 09/15/2047 0.07%
JPY/USD 05/16/2018 JPMCB 0.07%
LIBERTY MUTUAL GROUP P/P 144A 07.8000 03/15/2037 0.07%
LNSTR 2015-3 B P/P 144A 03.1119 04/20/2048 0.07%
MARKS AND SPENCER LTD 0.07%
MEDICAL PROPERTIES TRUST INC 0.07%
METLIFE INC. 04.7500 02/08/2021 0.07%
METRO AG 0.07%
MR PRICE GROUP LTD 0.07%
NATIONAL RETAIL PROPERTIES 0.07%
NAVISTAR TLB L+350 04.7500 11/06/2024 0.07%
NESTLE SA-REG 0.07%
NEWS CORP - CLASS A 0.07%
NOVELIS CORP P/P 144A 05.8750 09/30/2026 0.07%
OTSUKA CORP 0.07%
PEACHTREE FUNDING TR P/P 144A 03.9760 02/15/2025 0.07%
PFIZER INC 01.7000 12/15/2019 0.07%
SOLERA LLC / SOLERA P/P 144A 10.5000 03/01/2024 0.07%
SWEDISH MATCH AB 0.07%
TDK CORP 0.07%
UNITED TRACTORS TBK PT 0.07%
WELLS FARGO & COMPANY 02.6000 07/22/2020 0.07%
WESTERN DIGITAL CORP 04.7500 02/15/2026 0.07%
WFRBS 2014-C22 XA IO 00.9011 09/15/2057 0.07%
ALTA MESA HLDGS 07.8750 12/15/2024 0.06%
ASTELLAS PHARMA INC 0.06%
BANK OF CHINA LTD-H 0.06%
BARCLAYS BANK PLC P/P 144A 10.1790 06/12/2021 0.06%
BRAND ENERGY & I P/P 144A 08.5000 07/15/2025 0.06%
BROADRIDGE FINANCIAL SOLUTIO 0.06%
BUILDERS FIRSTSOURCE P/P 144A 05.6250 09/01/2024 0.06%
CAS 2015-C01 1M2 06.1715 02/25/2025 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%
CF INDUSTRIES INC P/P 144A 04.5000 12/01/2026 0.06%
CFCRE 2011-C2 D P/P 144A 05.7546 12/15/2047 0.06%
CHESAPEAKE ENERGY CO P/P 144A 08.0000 01/15/2025 0.06%
CHINA CINDA ASSET MANAGEME-H 0.06%
CHINA STATE CONSTRUCTION ENGINEERING 144A REGS WARRANT 0.06%
CITIGROUP INC 03.8870 01/10/2028 0.06%
COMM 2014-LC15 XA IO 01.3139 04/10/2047 0.06%
COMMSCOPE TECH LLC P/P 144A 06.0000 06/15/2025 0.06%
CORELOGIC INC 0.06%
CVS HEALTH CORP 04.7800 03/25/2038 0.06%
DIAMOND RESORTS INTL P/P 144A 07.7500 09/01/2023 0.06%
DYNEGY INC 07.6250 11/01/2024 0.06%
ENDO FIN LLC/ENDO FI P/P 144A 05.3750 01/15/2023 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%
FORMOSA CHEMICALS & FIBRE 0.06%
GSMS 2014-GC22 C 04.6459 06/10/2047 0.06%
GSMS 2014-GC22 XA IO 01.0140 06/10/2047 0.06%
GUANGZHOU R&F PROPERTIES - H 0.06%
HANA FINANCIAL GROUP 0.06%
HCA INC 06.5000 02/15/2020 0.06%
KRAFT HEINZ FOODS CO 06.8750 01/26/2039 0.06%
MACQUARIE GROUP LTD 0.06%
MITSUBISHI CHEMICAL HOLDINGS 0.06%
MTW FOODSERVICE ESCR 09.5000 02/15/2024 0.06%
NRG ENERGY INC 06.6250 01/15/2027 0.06%
OASIS PETROLEUM INC 06.8750 03/15/2022 0.06%
OMEGA HEALTHCARE INVESTORS 0.06%
PEOPLES INSURANCE CO 0.06%
PUB BANK BERHAD 0.06%
PULTEGROUP INC. 07.8750 06/15/2032 0.06%
RTL GROUP 0.06%
SBERBANK PJSC -SPONSORED ADR 0.06%
SINCLAIR TELEVISION P/P 144A 05.6250 08/01/2024 0.06%
SINOPEC SHANGHAI PETROCHEM-H 0.06%
SIX FLAGS ENT P/P 144A 05.5000 04/15/2027 0.06%
SPIRIT REALTY CAPITAL INC 0.06%
SUNSTONE HOTEL INVESTORS INC 0.06%
TITAN ACQ LTD P/P 144A 07.7500 04/15/2026 0.06%
TRANSDIGM INC 06.3750 06/15/2026 0.06%
TWO HARBORS INVESTMENT CORP 0.06%
WANT WANT CHINA HOLDINGS LTD 0.06%
WESTLAKE CHEM CORP 03.6000 08/15/2026 0.06%
WOOLWORTHS GROUP LTD 0.06%
WP CAREY INC 0.06%
WYNDHAM WORLDWIDE CORP 04.5000 04/01/2027 0.06%
AIRASIA BHD 0.05%
AKORN INC 0.05%
ALLERGAN PLC 0.05%
ALLY FINANCIAL INC 05.7500 11/20/2025 0.05%
AMERICAN HOME 4 RENT 0.05%
AMERICAN TIRE DISTRI P/P 144A 10.2500 03/01/2022 0.05%
ANA HOLDINGS INC 0.05%
APPLE INC 03.8500 05/04/2043 0.05%
AT&T INC 04.2500 03/01/2027 0.05%
AVAYA HOLDINGS CORP 0.05%
AVAYA TLB-EXIT L+475 06.5364 12/15/2024 0.05%
BARLOWORLD LTD 0.05%
BECTON DICKINSON AND CO 04.6690 06/06/2047 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%
BOISE CASCADE CO P/P 144A 05.6250 09/01/2024 0.05%
BOMBARDIER INC P/P 144A 08.7500 12/01/2021 0.05%
BP CAPITAL MARKETS PLC USD 02.3150 02/13/2020 0.05%
BRAND ENERGY TL L+425 06.0026 06/21/2024 0.05%
CALPINE CORP 05.7500 01/15/2025 0.05%
CGCMT 2014-GC19 X IO 01.1886 03/10/2047 0.05%
CHARTER COMM OPT LLC 06.4840 10/23/2045 0.05%
CHENIERE CORP CHRIST 05.1250 06/30/2027 0.05%
CHS/COMMUNITY HEALTH 06.8750 02/01/2022 0.05%
CMLTI 2005-2 1A2A 03.7881 05/25/2035 0.05%
COMCAST CORP 06.5000 11/15/2035 0.05%
COMPASS MINERALS INT P/P 144A 04.8750 07/15/2024 0.05%
CORNING INC 0.05%
DONGFENG MOTOR GRP CO LTD-H 0.05%
FORD OTOMOTIV 0.05%
FRESENIUS MEDICAL CARE AG & 0.05%
GCP APPLIED TECH P/P 144A 09.5000 02/01/2023 0.05%
GEELY AUTOMOBILE HOLDINGS LT 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%
GOLDEN NUGGET INC P/P 144A 08.7500 10/01/2025 0.05%
GREAT LAKES D&D 08.0000 05/15/2022 0.05%
HCA INC 05.5000 06/15/2047 0.05%
HIGHWOODS PROPERTIES INC 0.05%
HUNTINGTON INGALLS INDUSTRIE 0.05%
HUSKY TLB L+300 05.2018 03/16/2025 0.05%
INDOFOOD SUKSES MAKMUR TBK P 0.05%
JACK OHIO FIN LLC/FI P/P 144A 06.7500 11/15/2021 0.05%
JAPAN AIRLINES CO LTD 0.05%
KAO CORP 0.05%
KB FINANCIAL GROUP INC 0.05%
KERRY PROPERTIES LTD 0.05%
KONINKLIJKE AHOLD DELHAIZE N 0.05%
KUMBA IRON ORE LTD 0.05%
LG UPLUS CORP 0.05%
MORGAN STANLEY 02.6500 01/27/2020 0.05%
MSRR 2015-R4 CB1 00.5977 08/26/2047 0.05%
NATL HEALTH INVESTORS INC 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%
OLD MUTUAL PLC 0.05%
OMEGA HLTHCARE INVESTORS 04.9500 04/01/2024 0.05%
PENSKE AUTOMOTIVE GROUP 05.5000 05/15/2026 0.05%
PLATFORM SPECIALTY P/P 144A 05.8750 12/01/2025 0.05%
RADIANT OPTO-ELECTRONICS COR 0.05%
RENAULT SA 0.05%
RIO TINTO PLC 0.05%
TAISEI CORP 0.05%
TTM TECHNOLOGIES INC P/P 144A 05.6250 10/01/2025 0.05%
TURKIYE GARANTI BANKASI 0.05%
US CONCRETE INC 06.3750 06/01/2024 0.05%
VERTEX PHARMACEUTICALS INC 0.05%
WERNER FINCO LP/INC P/P 144A 08.7500 07/15/2025 0.05%
WYNN LAS VEGAS P/P 144A 05.2500 05/15/2027 0.05%
ACER INC 0.04%
ADS INC P/P 144A 05.6250 11/15/2024 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 P/P 144A 03.1500 08/22/2027 0.04%
AMER TRANS SYST P/P 144A 05.0000 09/01/2044 0.04%
AMER WOODMARK CORP P/P 144A 04.8750 03/15/2026 0.04%
AMERICAN TOWER CORP 04.0000 06/01/2025 0.04%
AMGEN INC 02.6000 08/19/2026 0.04%
APPLE HOSPITALITY REIT INC 0.04%
ARCELORMITTAL USD 07.2500 10/15/2039 0.04%
ASHTEAD GROUP PLC 0.04%
ASP AMC MERGER SUB P/P 144A 08.0000 05/15/2025 0.04%
BANK OF NOVA SCOTIA USD 02.3500 10/21/2020 0.04%
BEACON ROOFING SUPPL 06.3750 10/01/2023 0.04%
BECTON DICKINSON AND CO 03.7000 06/06/2027 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%
BOSTON SCIENTIFIC CORP 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%
BRITISH AMERICAN TOBACCO PLC 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%
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-GC21 C 04.7800 05/10/2047 0.04%
CHARLES RIVER LABORATORIES 0.04%
CHONGQING RURAL COMMERCIAL-H 0.04%
CIT GROUP INC 05.2500 03/07/2025 0.04%
CITIGROUP INC 04.4500 09/29/2027 0.04%
COMM 2014-UBS6 XA IO 01.0106 12/10/2047 0.04%
CONTINENTAL RESOURCES 04.9000 06/01/2044 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 1.858 P 04/07/26 0.04%
CPURNSA R 2.1438 P 11/07/27 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%
DEUTSCHE LUFTHANSA-REG 0.04%
DIGITAL REALTY TRUST INC 0.04%
DISH DBS CORP 05.8750 11/15/2024 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%
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%
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%
GLP CAPITAL LP / FIN II 05.3750 04/15/2026 0.04%
GNR 2013-99 AS IO 04.2279 06/20/2043 0.04%
HARVEY NORMAN HOLDINGS LTD 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%
HOSPITALITY PROP TRUST 04.3750 02/15/2030 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%
HUDSON PACIFIC PROPERTIES IN 0.04%
INTERCONTINENTAL EXCHANGE IN 0.04%
IRON MOUNTAIN INC P/P 144A 04.8750 09/15/2027 0.04%
ISTAR INC 0.04%
JPMBB 2013-C14 C 04.5699 08/15/2046 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%
KRATON POLYMERS P/P 144A 10.5000 04/15/2023 0.04%
LEAR CORP 03.8000 09/15/2027 0.04%
LOUISIANA-PACIFIC CORP 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%
MEDIPAL HOLDINGS CORP 0.04%
MERCER INTL INC USD 06.5000 02/01/2024 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%
MISC BHD 0.04%
MITSUBISHI ELECTRIC CORP 0.04%
MORGAN STANLEY 04.3750 01/22/2047 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%
ORTHO-CLINICAL TLB L+375 05.6269 06/30/2021 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%
PGE SA 0.04%
PIEDMONT OFFICE REALTY TRU-A 0.04%
POLA ORBIS HOLDINGS INC 0.04%
RANDSTAD HOLDING NV 0.04%
REVLON CONS TLB L+350 05.3769 09/07/2023 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 02.7715 11/25/2034 0.04%
SAMI 2007-AR7 1A1 02.7215 05/25/2047 0.04%
SCOTTS MIRACLE-GRO CO 0.04%
SHINHAN FINANCIAL GROUP LTD 0.04%
STATOIL ASA USD 02.9000 11/08/2020 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%
THE WILLIAMS COMPANIES INC. 08.7500 03/15/2032 0.04%
THERMO FISHER SCIENTIFIC INC 0.04%
TIME WARNER INC 03.8000 02/15/2027 0.04%
TMS INTL CORP P/P 144A 07.2500 08/15/2025 0.04%
TOPPAN PRINTING CO LTD 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%
VERIZON COMM 04.5220 09/15/2048 0.04%
WASHINGTON PRIME GROUP INC 0.04%
WATCO COS LLC/FI P/P 144A 06.3750 04/01/2023 0.04%
WBCMT 2005-C21 D 05.2958 10/15/2044 0.04%
WEATHERFORD BERMUDA 09.8750 02/15/2024 0.04%
WESTROCK MWV LLC 08.2000 01/15/2030 0.04%
WPX ENERGY INC 06.0000 01/15/2022 0.04%
WRANGLER BUYER CORP P/P 144A 06.0000 10/01/2025 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%
AGREE REALTY CORP 0.03%
AIG GLOBAL FUNDING P/P 144A 02.1500 07/02/2020 0.03%
AIR LEASE CORP 03.6250 04/01/2027 0.03%
ALLIANCE DATA SYS CO P/P 144A 05.3750 08/01/2022 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%
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%
BEACON ESCROW CORP P/P 144A 04.8750 11/01/2025 0.03%
BERRY GLOBAL INC 05.1250 07/15/2023 0.03%
BIOGEN INC 0.03%
BOMBARDIER INC P/P 144A 07.5000 12/01/2024 0.03%
BP CAPITAL MARKETS PLC USD 01.7680 09/19/2019 0.03%
CALIFORNIA RESOURC TL L+475 06.5721 11/17/2022 0.03%
CANTOR FITZGERALD LP P/P 144A 06.5000 06/17/2022 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%
CEC ENT INC 08.0000 02/15/2022 0.03%
CELANESE US HOLDINGS LLC 04.6250 11/15/2022 0.03%
CF INDUSTRIES INC 04.9500 06/01/2043 0.03%
CGCMT 2012-GC8 XA IO P/P 144A 01.8114 09/10/2045 0.03%
CGCMT 2014-GC19 C 04.9017 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%
CHEMOURS CO 05.3750 05/15/2027 0.03%
CHEMOURS CO 07.0000 05/15/2025 0.03%
CHS/COMMUNITY HEALTH SYS 06.2500 03/31/2023 0.03%
CINEMARK USA INC 04.8750 06/01/2023 0.03%
CITIGROUP INC 02.6500 10/26/2020 0.03%
CITIGROUP INC 03.6680 07/24/2028 0.03%
CITIGROUP INC 05.5000 09/13/2025 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 01.1184 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 RESOURCES INC. 04.5000 04/15/2023 0.03%
CORESITE REALTY CORP 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%
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%
DIAMONDBACK ENERGY INC 05.3750 05/31/2025 0.03%
DOW CHEMICAL CO/THE 03.5000 10/01/2024 0.03%
ENBRIDGE INC USD 04.2500 12/01/2026 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%
FRAC TECH INTL TLB L+475 06.6269 04/16/2021 0.03%
FREEDOM MTGE CORP P/P 144A 08.1250 11/15/2024 0.03%
FXI HOLDINGS INC P/P 144A 07.8750 11/01/2024 0.03%
GENERAL MOTORS FINL CO 04.0000 10/06/2026 0.03%
GENON AMERICAS GENR LLC 09.1250 05/01/2031 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%
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%
HENGAN INTL GROUP CO LTD 0.03%
HONG KONG EXCHANGES & CLEAR 0.03%
HSBC HOLDINGS PLC 0.03%
HUB INTL LTD P/P 144A 07.8750 10/01/2021 0.03%
HUNTSMAN INTERNATIONAL LLC 04.8750 11/15/2020 0.03%
HYATT HOTELS CORP 04.8500 03/15/2026 0.03%
INGEVITY CORP P/P 144A 04.5000 02/01/2026 0.03%
INTUITIVE SURGICAL INC 0.03%
ISBANK-C 0.03%
ITRON INC P/P 144A 05.0000 01/15/2026 0.03%
JO-ANN HOLDCO P/P 144A 09.7500 10/15/2019 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 TL L+525 07.6539 05/16/2020 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 ENT P/P 144A 05.8750 11/01/2024 0.03%
MACQUARIE BANK LTD P/P 144A 02.8500 07/29/2020 0.03%
MARRIOTT INTERNATIONAL -CL A 0.03%
MASTEC INC 04.8750 03/15/2023 0.03%
MATCH GROUP INC P/P 144A 05.0000 12/15/2027 0.03%
MEG ENERGY CORP P/P 144A 06.5000 01/15/2025 0.03%
MEREDITH CORP P/P 144A 06.8750 02/01/2026 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%
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%
NASPERS LTD-N SHS 0.03%
NBCUNIVERSAL MEDIA LLC 05.1500 04/30/2020 0.03%
NEIMAN MARCUS TL L+325 04.9405 10/25/2020 0.03%
NEUBERGER BERMAN GRP P/P 144A 04.8750 04/15/2045 0.03%
NOVA CHEMICALS CORP P/P 144A 04.8750 06/01/2024 0.03%
OCCIDENTAL PETROLEUM COR 04.4000 04/15/2046 0.03%
OMEGA HLTHCARE INVES 04.5000 04/01/2027 0.03%
OMNICOM GROUP INC 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%
PETROLEOS MEXICANOS P/P 144A 06.3500 02/12/2048 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%
RANGE RESOURCES CORP 05.7500 06/01/2021 0.03%
REGAL ENTERTAINMENT GRP 05.7500 06/15/2023 0.03%
REVLON CONSUMER PROD 06.2500 08/01/2024 0.03%
ROYAL BANK OF CANADA USD 02.1250 03/02/2020 0.03%
SASC 2006-AM1 A4 02.0315 04/25/2036 0.03%
SHELL INTERNATIONAL FIN USD 02.8750 05/10/2026 0.03%
SK INNOVATION CO LTD 0.03%
SM ENERGY CO 06.1250 11/15/2022 0.03%
SMC CORP 0.03%
SMURFIT KAPPA TREASURY USD 07.5000 11/20/2025 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%
T-MOBILE USA INC 04.7500 02/01/2028 0.03%
TESCO PLC 0.03%
THE NEIMAN MARCUS GROUP LLC 07.1250 06/01/2028 0.03%
TORONTO-DOMINION BANK USD 03.6250 09/15/2031 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%
TRIPOD TECHNOLOGY CORP 0.03%
UBSBB 2012-C2 D P/P 144A 04.8945 05/10/2063 0.03%
UBSBB 2012-C3 C P/P 144A 05.0424 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%
VENTAS INC 0.03%
VERIZON COMMUNICATIONS 04.1250 03/16/2027 0.03%
VOESTALPINE AG 0.03%
WAMU 2005-AR19 A1B3 02.2215 12/25/2045 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 04.2909 07/15/2046 0.03%
WFRBS 2011-C3 D P/P 144A 05.6861 03/15/2044 0.03%
WFRBS 2011-C5 XA IO P/P 144A 01.7507 11/15/2044 0.03%
WFRBS 2012-C10 XA IO P/P 144A 01.5798 12/15/2045 0.03%
WFRBS 2013-UBS1 AS 04.3060 03/15/2046 0.03%
WILEY (JOHN) & SONS-CLASS A 0.03%
WPX ENERGY INC 08.2500 08/01/2023 0.03%
ZHONGSHENG GROUP HOLDINGS 0.03%
1011778 BC / NEW RED P/P 144A 04.6250 01/15/2022 0.02%
AK STEEL CORP 06.3750 10/15/2025 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%
AMC ENTERTAINMENT HOLDIN 05.7500 06/15/2025 0.02%
AMC ENTERTAINMENT HOLDIN 05.8750 02/15/2022 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%
BB&T CORP 0.02%
BERKSHIRE HATHAWAY E P/P 144A 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%
CALFRAC HOLDINGS LP P/P 144A 07.5000 12/01/2020 0.02%
CALIFORNIA RESOURCES 05.0000 01/15/2020 0.02%
CALPINE CORP P/P 144A 05.2500 06/01/2026 0.02%
CANTOR FITZGERALD LP P/P 144A 07.8750 10/15/2019 0.02%
CAS 2014-C02 1M2 04.4715 05/25/2024 0.02%
CAS 2015-C02 1M2 05.8715 05/25/2025 0.02%
CAS 2015-C03 2M2 06.8715 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%
CENOVUS ENERGY INC USD 06.7500 11/15/2039 0.02%
CENOVUS ENERGY INC. USD 04.2500 04/15/2027 0.02%
CENTURYLINK INC 06.7500 12/01/2023 0.02%
CERIDIAN HCM HOLDING P/P 144A 11.0000 03/15/2021 0.02%
CHARTER COMM OPT LLC 04.9080 07/23/2025 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%
CHS/COMMUNITY HEALTH SYS 07.1250 07/15/2020 0.02%
CIA DE TRANSMISSAO DE ENE-PF 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 01.1198 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%
CPURNSA R 2.17 P 05/05/27 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 02.0815 04/25/2047 0.02%
DAIWA SECURITIES GROUP INC 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%
DGB FINANCIAL GROUP INC 0.02%
DUKE ENERGY CORP 03.1500 08/15/2027 0.02%
DYNEGY INC P/P 144A 08.1250 01/30/2026 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%
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%
EPR PROPERTIES 05.7500 CUM CV PFD 0.02%
ERAC USA FINANCE LLC P/P 144A 04.5000 02/15/2045 0.02%
EUR/USD 06/20/2018 JPMCB 0.02%
FHR 3829 AS IO 05.1734 03/15/2041 0.02%
FIFTH THIRD BANCORP 05.1000 12/29/2049 0.02%
FORTERRA TL L+300 04.8769 10/25/2023 0.02%
FOUR CORNERS PROPERTY TRUST 0.02%
FREEPORT-MCMORAN INC 0.02%
GALAXY ENT GRP L 0.02%
GARTNER INC P/P 144A 05.1250 04/01/2025 0.02%
GCP APPLIED TECH P/P 144A 05.5000 04/15/2026 0.02%
GETTY REALTY CORP 0.02%
GLP CAP LP / FIN II 04.8750 11/01/2020 0.02%
GNR 2015-H26 DI IO 01.7373 10/20/2065 0.02%
GNR 2017-H22 EI IO 02.3632 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 01.9915 05/25/2047 0.02%
HAIER ELECTRONICS GROUP CO 0.02%
HANESBRANDS INC P/P 144A 04.6250 05/15/2024 0.02%
HUDBAY MINERALS INC P/P 144A 07.6250 01/15/2025 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%
INDIGO NATURAL P/P 144A 06.8750 02/15/2026 0.02%
INTL CONSOLIDATED AIRLINE-DI 0.02%
IPALCO ENTPRS IN 03.7000 09/01/2024 0.02%
IRB BRASIL RESSEGUROS SA 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%
JELD-WEN INC P/P 144A 04.8750 12/15/2027 0.02%
JOHNSON CONTROLS INTL PL 04.5000 02/15/2047 0.02%
JOHNSON CONTROLS INTL PL 04.9500 07/02/2064 0.02%
JONAH NRG LLC/FINANC P/P 144A 07.2500 10/15/2025 0.02%
JPMCC 2005-LDP5 F 05.7047 12/15/2044 0.02%
JTEKT CORP 0.02%
KAJIMA CORP 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%
LLOYDS BANKING GROUP P/P 144A 06.6570 05/21/2037 0.02%
MALLINCKRODT FIN/SB P/P 144A 05.5000 04/15/2025 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 P/P 144A 05.5000 01/15/2026 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%
MICRON TECH INC P/P 144A 05.2500 01/15/2024 0.02%
MLMI 2005-A2 A2 03.5252 02/25/2035 0.02%
MOLINA HEALTHCARE IN 05.3750 11/15/2022 0.02%
MSBAM 2013-C12 XA IO 00.8472 10/15/2046 0.02%
MSBAM 2014-C17 XA IO 01.2090 08/15/2047 0.02%
NETFLIX INC P/P 144A 04.8750 04/15/2028 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%
O'REILLY AUTOMOTIVE INC 03.5500 03/15/2026 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%
PETROLEOS DE VEN P/P 144A 06.0000 11/15/2026 0.02%
PFIZER INC 03.0000 12/15/2026 0.02%
QEP RESOURCES INC 05.6250 03/01/2026 0.02%
QVC INC 04.4500 02/15/2025 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%
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%
SELECT INCOME REIT 0.02%
SERVICE CORP INTL 04.6250 12/15/2027 0.02%
SESI LLC P/P 144A 07.7500 09/15/2024 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%
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%
STACR 2016-DNA3 M1 02.9715 12/25/2028 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 06.3750 03/01/2025 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%
TENNECO INC 05.0000 07/15/2026 0.02%
TENNECO INC 05.3750 12/15/2024 0.02%
THAI OIL PCL-FOREIGN 0.02%
THE AES CORPORATION 04.8750 05/15/2023 0.02%
TI GROUP AUTO SYS LL P/P 144A 08.7500 07/15/2023 0.02%
TIM PARTICIPACOES SA 0.02%
TIME WARNER INC 02.9500 07/15/2026 0.02%
TOYOTA MOTOR CORP 0.02%
TR OP / TR FIN P/P 144A 05.3750 09/01/2025 0.02%
TRAVELPORT CORP FIN P/P 144A 06.0000 03/15/2026 0.02%
TRINIDAD DRILLING LT P/P 144A 06.6250 02/15/2025 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%
USG CORP P/P 144A 05.5000 03/01/2025 0.02%
VALEANT PHARMA P/P 144A 09.0000 12/15/2025 0.02%
WALGREENS BOOTS ALLIANCE 03.3000 11/18/2021 0.02%
WAMU 2005-AR10 1A3 03.3240 09/25/2035 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 01.7937 10/15/2045 0.02%
WFRBS 2013-C15 C 04.4813 08/15/2046 0.02%
WHITING PETROLEUM C P/P 144A 06.6250 01/15/2026 0.02%
WILLIAMS PARTNERS LP 04.3000 03/04/2024 0.02%
WINDSTREAM SRVC / FIN 06.3750 08/01/2023 0.02%
WM MORRISON SUPERMARKETS 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%
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%
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%
AEGON NV 0.01%
AES CORP/THE 04.5000 03/15/2023 0.01%
AGRIUM INC USD 05.2500 01/15/2045 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%
ALPHABET INC 01.9980 08/15/2026 0.01%
AMC ENT HOLDIN 05.8750 11/15/2026 0.01%
AMC ENT HOLDIN 06.1250 05/15/2027 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%
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%
BAYTEX ENERGY CORP P/P 144A 05.1250 06/01/2021 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 CORPORATION 06.8750 05/15/2023 0.01%
BOYNE USA INC P/P 144A 07.2500 05/01/2025 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 06.1215 04/25/2029 0.01%
CBS CORP 04.0000 01/15/2026 0.01%
CBS CORP 04.6000 01/15/2045 0.01%
CBS OUT AMER CAP LLC 05.6250 02/15/2024 0.01%
CCO HLDGS LLC/CAP CO P/P 144A 05.7500 02/15/2026 0.01%
CENTENE CORP 04.7500 01/15/2025 0.01%
CENTENE CORP 04.7500 05/15/2022 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 CO P/P 144A 08.0000 06/15/2027 0.01%
CHESAPEAKE ENERGY CORP 05.7500 03/15/2023 0.01%
CHF/USD 06/20/2018 JPMCB 0.01%
CHINA DONGXIANG GROUP CO 0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.01%
COCA-COLA CO/THE 02.2500 09/01/2026 0.01%
COMM 2014-CR16 XA IO 01.1628 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%
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%
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%
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%
EUR/USD 06/20/2018 CITI 0.01%
EUR/USD 06/20/2018 SSBT 0.01%
EVEREST ACQ LLC/FIN 09.3750 05/01/2020 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%
GETTY IMAGES TLB L+350 04.7500 10/18/2019 0.01%
GFL ENVIRONMENTAL P/P 144A 05.3750 03/01/2023 0.01%
GUANGZHOU BAIYUNSHAN PHARM-H 0.01%
HALCON RESOURCES CORP 0.01%
HANWHA CORPORATION 0.01%
HOSPITALITY PROPERTIES T 04.5000 03/15/2025 0.01%
HUB HLDG LLC/HUB HOL P/P 144A 08.1250 07/15/2019 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%
ITAUSA-INVESTIMENTOS ITAU-PR 0.01%
JACOBS ENT INC P/P 144A 07.8750 02/01/2024 0.01%
JAPAN POST BANK CO LTD 0.01%
JBG SMITH PROPERTIES 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%
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%
LAGARDERE SCA 0.01%
LEGRAND FRANCE USD 08.5000 02/15/2025 0.01%
LENNAR CORP 04.7500 11/15/2022 0.01%
LENNAR CORP P/P 144A 05.8750 11/15/2024 0.01%
LG ELECTRONICS INC 0.01%
MEDTRONIC INC 04.3750 03/15/2035 0.01%
MEG ENERGY CORP P/P 144A 07.0000 03/31/2024 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%
MITSUBISHI MATERIALS CORP 0.01%
MMC NORILSK NICKEL PJSC-ADR 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 P/P 144A 03.2500 01/15/2028 0.01%
MOTIVA ENTERPRISES P/P 144A 05.7500 01/15/2020 0.01%
MSC 2007-HQ11 AJ 05.5080 02/12/2044 0.01%
MURRAY ENERGY CORP P/P 144A 11.2500 04/15/2021 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%
NORTHWEST ACQ/DOMIN P/P 144A 07.1250 11/01/2022 0.01%
NRG ENERGY INC P/P 144A 05.7500 01/15/2028 0.01%
PEGATRON CORP 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%
PETSMART INC P/P 144A 07.1250 03/15/2023 0.01%
PHILLIPS 66 PARTNERS LP 03.7500 03/01/2028 0.01%
PISCES MIDCO INC P/P 144A 08.0000 04/15/2026 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%
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 06/20/2018 SSBT 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%
SIAM CEMENT PUB CO-FOR REG 0.01%
SM ENERGY CO 06.5000 01/01/2023 0.01%
SPRINGLEAF FINANCE CORP 08.2500 12/15/2020 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%
THE BANK OF NOVA SCOTIA USD 02.7000 03/07/2022 0.01%
TIER REIT INC 0.01%
TMX FIN/TITLEMAX P/P 144A 08.5000 09/15/2018 0.01%
TOWNSQUARE MEDIA INC P/P 144A 06.5000 04/01/2023 0.01%
TOYO SUISAN KAISHA LTD 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%
TURKISH LIRA-NEW CALL ACCOUNT 0.01%
UNITED AIR 2014-2 A PTT 03.7500 09/03/2026 0.01%
USA COMPRESSION PART P/P 144A 06.8750 04/01/2026 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%
VALERO ENERGY PARTNERS 04.3750 12/15/2026 0.01%
VERIZON COMMUNICATIONS 04.4000 11/01/2034 0.01%
VERMILION ENERGY INC P/P 144A 05.6250 03/15/2025 0.01%
VMWARE INC 03.9000 08/21/2027 0.01%
WABASH NATIONAL CORP P/P 144A 05.5000 10/01/2025 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%
WMG ACQUISITION CORP P/P 144A 05.5000 04/15/2026 0.01%
WPX ENERGY INC 07.5000 08/01/2020 0.01%
WYNDHAM WORLDWIDE CORP 05.6250 03/01/2021 0.01%
YANGZIJIANG SHIPBUILDING 0.01%
2.605 R ISWP FWD US0003M P 06/20/2020 0.00%
2.75 R ISWP FWD US0003M P 06/20/2023 0.00%
2.7845 R ISWP US0003M P 04/03/2028 0.00%
2.85 R ISWP FWD US0003M P 06/20/2048 0.00%
AMERICAN AXLE & MFG INC 07.7500 11/15/2019 0.00%
AUD/USD 04/18/2018 CSI-FX 0.00%
AUD/USD 04/18/2018 HSBCB 0.00%
AUD/USD 04/18/2018 SSBT 0.00%
AUD/USD 04/18/2018 UBS 0.00%
AUD/USD 04/18/2018 WPAC 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%
BRAZILIAN REAL CALL ACCOUNT 0.00%
CAD/USD 04/18/2018 BCAP-FX 0.00%
CAD/USD 04/18/2018 SSBT 0.00%
CAD/USD 04/18/2018 WPAC 0.00%
CHEMOURS CO 06.6250 05/15/2023 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 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 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 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 ML 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 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.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-.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%
CNH/USD 05/16/2018 GSFX 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%
DKK/USD 06/20/2018 CITI 0.00%
ESC SEVENTYSEVENERG 06.5000 07/15/2022 0.00%
EUR/USD 06/20/2018 BANKAM 0.00%
EUR/USD 06/20/2018 BCAP-FX 0.00%
EUR/USD 06/20/2018 CSI-FX 0.00%
EUR/USD 06/20/2018 GSFX 0.00%
EUR/USD 06/20/2018 HSBCB 0.00%
EUR/USD 06/20/2018 RBSF 0.00%
EUR/USD 06/20/2018 UBS 0.00%
EUR/USD 06/20/2018 WPAC 0.00%
EURO BUXL 30Y BND JUN18 UBM8 0.00%
EURO-BOBL FUTURE JUN18 OEM8 0.00%
EURO-BUND FUTURE JUN18 RXM8 0.00%
EURO-SCHATZ FUT JUN18 DUM8 0.00%
FIDELITY NATIONAL INFORM 05.0000 10/15/2025 0.00%
FUJITSU LTD 0.00%
GBP/USD 06/20/2018 BANKAM 0.00%
GBP/USD 06/20/2018 CITI 0.00%
GBP/USD 06/20/2018 HSBCB 0.00%
GBP/USD 06/20/2018 JPMCB 0.00%
GENERAL MOTORS FINL CO 04.0000 01/15/2025 0.00%
HALCON RESOURCES CORP - WARRA 0.00%
HKD/USD 05/16/2018 BANKAM 0.00%
ILS/USD 04/18/2018 SSBT 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%
JPN 10Y BOND(OSE) JUN18 JBM8 0.00%
JPY/USD 05/16/2018 CITI 0.00%
JPY/USD 05/16/2018 CSI-FX 0.00%
JPY/USD 05/16/2018 RBSF 0.00%
JPY/USD 05/16/2018 SSBT 0.00%
KEYCORP 02.3000 12/13/2018 0.00%
L3 TECHNOLOGIES INC 03.8500 12/15/2026 0.00%
LONG GILT FUTURE JUN18 G M8 0.00%
MALAYSIAN RINGGIT CALL ACCOUNT 0.00%
MGM RESORTS INTL 06.6250 12/15/2021 0.00%
MLFCF13 R US0003M P 11/16/18 BA 0.00%
NINE POINT ENERGY COM 0.00%
NOK/USD 06/20/2018 BANKAM 0.00%
NOK/USD 06/20/2018 GSFX 0.00%
NOK/USD 06/20/2018 JPMCB 0.00%
NOK/USD 06/20/2018 SSBT 0.00%
NOK/USD 06/20/2018 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 04/18/2018 CITI 0.00%
NZD/USD 04/18/2018 JPMCB 0.00%
NZD/USD 04/18/2018 RBSF 0.00%
NZD/USD 04/18/2018 SSBT 0.00%
PACTIV LLC 08.3750 04/15/2027 0.00%
REVLON CONSUMER PRODS 05.7500 02/15/2021 0.00%
ROSE ROCK MIDSTREAM/ 05.6250 11/15/2023 0.00%
RUB/USD 06/20/2018 JPMCB 0.00%
S&P500 EMINI FUT JUN18 ESM8 0.00%
SEK/USD 06/20/2018 BANKAM 0.00%
SEK/USD 06/20/2018 BCAP-FX 0.00%
SEK/USD 06/20/2018 CITI 0.00%
SEK/USD 06/20/2018 CSI-FX 0.00%
SEK/USD 06/20/2018 GSFX 0.00%
SEK/USD 06/20/2018 HSBCB 0.00%
SEK/USD 06/20/2018 JPMCB 0.00%
SEK/USD 06/20/2018 RBSF 0.00%
SEK/USD 06/20/2018 UBS 0.00%
SEMGROUP CORP 06.3750 03/15/2025 0.00%
SGD/USD 05/16/2018 JPMCB 0.00%
SPY 20180413 C 284.00CITI 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%
THAILAND BAHT CALL ACCOUNT 0.00%
THE EURO EUR CALL ACCOUNT 0.00%
TOPIX INDX FUTR JUN18 TPM8 0.00%
TRY/USD 06/20/2018 SSBT 0.00%
US 10YR NOTE (CBT)JUN18 TYM8 0.00%
US 2YR NOTE (CBT) JUN18 TUM8 0.00%
US 5YR NOTE (CBT) JUN18 FVM8 0.00%
US LONG BOND(CBT) JUN18 USM8 0.00%
US ULTRA BOND CBT JUN18 WNM8 0.00%
VALEANT PHARMA P/P 144A 05.6250 12/01/2021 0.00%
AUD/USD 04/18/2018 BANKAM -0.01%
AUD/USD 04/18/2018 BCAP-FX -0.01%
AUD/USD 04/18/2018 CITI -0.01%
AUD/USD 04/18/2018 JPMCB -0.01%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS -0.01%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 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%
CPURNSA R 2.308 P 12/05/26 -0.01%
CPURNSA R 2.335 P 03/07/28 -0.01%
GBP/USD 06/20/2018 BCAP-FX -0.01%
GBP/USD 06/20/2018 CSI-FX -0.01%
GBP/USD 06/20/2018 GSFX -0.01%
GBP/USD 06/20/2018 SSBT -0.01%
HONG KONG DOLLAR CALL ACCOUNT -0.01%
JPY/USD 05/16/2018 UBS -0.01%
JPY/USD 05/16/2018 WPAC -0.01%
KOREAN WON CALL ACCOUNT -0.01%
NZD/USD 04/18/2018 GSFX -0.01%
NZD/USD 04/18/2018 UBS -0.01%
SPY 20180430 C 279.00BANKAM -0.01%
AUD/USD 04/18/2018 GSFX -0.02%
AUD/USD 04/18/2018 RBSF -0.02%
CAD/USD 04/18/2018 JPMCB -0.02%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP -0.02%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP -0.02%
JPY/USD 05/16/2018 GSFX -0.02%
CPURNSA R 2.5925 P 09/10/22 -0.04%
SOUTH AFRICAN RAND CALL ACCOUNT -0.04%
EMIN RUSSELL 2000 JUN18 RTYM8 -0.07%
CPURNSA R 2.5325 P 08/08/22 -0.09%
CDX CDX.EM.29 100.0 06/20/2023 BC -0.10%
CGPUTQL2 R US0003M P 11/27/18 CI -0.10%
CPURNSA R 2.76 P 01/09/23 -0.18%
CPURNSA R 2.81 P 02/08/23 -0.23%
CPURNSA R 2.57 P 07/19/23 -0.34%
CPURNSA R 2.515 P 08/07/22 -0.68%
CDX CDX.NA.HY.30 500.0 06/20/2023 -0.84%

Prior top 10 holdings

Top 10 holdings as of 04/30/18
S&P Gsci 3x Note 04/01/2019
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 05/01/2048
Gnma Gii30 Tba 03.5000 05/01/2048
Fnma Fn30 Tba 03.0000 05/01/2048
S&P Gsci TOT Return Indx 3X Note 07/23/2018
JPMorgan Chase
S&P Gsci TOT Return Indx 3X Note 09/04/2018
Fnma Fn30 Tba 06.0000 05/01/2048
Holdings represent 15.83% of portfolio
Top 10 holdings as of 03/31/18
S&P Gsci 3 Month Forward Index TR 3X Note 9/7/2018
S&P Gsci 3x Note 04/01/2019
Fnma Fn30 Tba 04.0000 04/01/2048
Gnma Gii30 Tba 03.5000 04/01/2048
Fnma Fn30 Tba 03.0000 04/01/2048
S&P Gsci TOT Return Indx 3X Note 11/05/2018
S&P Gsci TOT Return Indx 3X Note 07/23/2018
JPMorgan Chase
Fnma Fn30 Tba 06.0000 04/01/2048
S&P Gsci TOT Return Indx 3X Note 09/04/2018
Holdings represent 15.25% of portfolio
Top 10 holdings as of 02/28/18
S&P Gsci 3 Month Forward Index TR 3X Note 9/7/2018
Fnma Fn30 Tba 04.0000 03/01/2048
Gnma Gii30 Tba 03.5000 03/01/2048
S&P Gsci Total Return Index 3x Note 11/5/2018
Fnma Fn30 Tba 03.0000 04/01/2048
S&P Gsci TOT Return Indx 3X Note 07/23/2018
JPMorgan Chase
Fnma Fn30 Tba 06.0000 03/01/2048
Alphabet
Fnma Fn15 Tba 03.0000 03/01/2033
Holdings represent 13.09% of portfolio
Top 10 holdings as of 01/31/18
S&P Gsci 3 Month Forward Index TR 3X Note 9/7/2018
Fnma Fn30 Tba 04.0000 03/01/2048
Gnma Gii30 Tba 03.5000 02/01/2048
S&P Gsci Total Return Index 3x Note 11/5/2018
S&P Gsci TOT Return Indx 3X Note 7/23/2018
Fnma Fn15 Tba 03.0000 02/01/2033
Fnma Fn30 Tba 03.0000 03/01/2048
Bilhetes Do Tesouro 00.0000 05/18/2018
JPMorgan Chase
Alphabet
Holdings represent 13.67% of portfolio

Portfolio composition as of 04/30/18

U.S. Equity 34.82%
U.S. TIPS 29.71%
International bonds 24.42%
Commodities 22.59%
U.S. Investment-grade bonds 13.62%
International equity 13.09%
Emerging-markets equity 5.58%
Emerging-market bonds 4.87%
Real estate investment trust 3.07%
U.S. High-yield bonds -1.31%
U.S. money markets -50.46%

Fixed income statistics as of 04/30/18

Average effective maturity 7.19 yrs.
Average effective duration 5.47 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 1.37% 2.12% 2.12% 1.87% 1.62% 0.99% 1.12%
What you pay† 1.14% 1.89% 1.89% 1.64% 1.39% 0.76% 0.89%

† 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 09/30/18

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.