| BANK OF AMERICA CORP SR UNSECURED 11/28 6.25 | 3.47 | 975,000 |
| CITIGROUP INC SUBORDINATED 09/27 4.45 | 2.65 | 750,000 |
| MORGAN STANLEY SR UNSECURED 08/26 6.25 | 2.62 | 715,000 |
| JPMORGAN CHASE + CO SR UNSECURED 04/30 VAR | 2.31 | 625,000 |
| GOLDMAN SACHS GROUP INC SUBORDINATED 01/27 5.95 | 2.10 | 575,000 |
| WELLS FARGO + COMPANY SR UNSECURED 04/28 VAR | 1.82 | 500,000 |
| GE HEALTHCARE TECH INC COMPANY GUAR 11/27 5.65 | 1.65 | 450,000 |
| US TREASURY N/B 07/29 4 | 1.62 | 450,000 |
| NETFLIX INC SR UNSECURED 04/28 4.875 | 1.27 | 350,000 |
| NET OTHER ASSETS | 1.17 | 0 |
| BOEING CO SR UNSECURED 05/25 4.875 | 1.08 | 306,000 |
| ENERGY TRANSFER LP COMPANY GUAR 144A 05/27 5.625 | 1.07 | 300,000 |
| JPMORGAN CHASE + CO SUBORDINATED 10/27 4.25 | 1.06 | 300,000 |
| COMCAST CORP COMPANY GUAR 11/27 5.35 | 1.06 | 290,000 |
| HESS CORP SR UNSECURED 04/27 4.3 | 0.93 | 265,000 |
| FIFTH THIRD BANCORP SR UNSECURED 10/28 VAR | 0.93 | 250,000 |
| AMERICAN EXPRESS CO SR UNSECURED 11/27 5.85 | 0.93 | 250,000 |
| UNITEDHEALTH GROUP INC SR UNSECURED 02/28 5.25 | 0.92 | 250,000 |
| TARGA RESOURCES CORP COMPANY GUAR 07/27 5.2 | 0.92 | 254,000 |
| INGERSOLL RAND INC SR UNSECURED 06/29 5.176 | 0.91 | 250,000 |
| SMURFIT KAPPA TREASURY COMPANY GUAR 144A 01/30 5.2 | 0.91 | 250,000 |
| HOME DEPOT INC SR UNSECURED 06/29 4.75 | 0.91 | 250,000 |
| AMGEN INC SR UNSECURED 03/28 5.15 | 0.91 | 250,000 |
| BACARDI LTD / MARTINI BV SR UNSECURED 144A 01/29 5.25 | 0.90 | 250,000 |
| MET LIFE GLOB FUNDING I SECURED 144A 01/29 4.85 | 0.90 | 250,000 |
| NTT FINANCE CORP SR UNSECURED 144A 07/27 4.372 | 0.90 | 254,000 |
| PNC BANK NA SR UNSECURED 10/24 3.3 | 0.90 | 254,000 |
| AERCAP IRELAND CAP/GLOBA COMPANY GUAR 10/24 1.75 | 0.90 | 254,000 |
| PFIZER INVESTMENT ENTER COMPANY GUAR 05/28 4.45 | 0.89 | 250,000 |
| VOLKSWAGEN GROUP AMERICA COMPANY GUAR 144A 05/25 3.35 | 0.89 | 254,000 |
| MICRON TECHNOLOGY INC SR UNSECURED 04/28 5.375 | 0.89 | 245,000 |
| BANK OF NY MELLON CORP SR UNSECURED 04/25 1.6 | 0.88 | 254,000 |
| MANUF + TRADERS TRUST CO SR UNSECURED 01/28 4.7 | 0.88 | 250,000 |
| ALEXANDRIA REAL ESTATE E COMPANY GUAR 01/26 4.3 | 0.88 | 250,000 |
| ELEVANCE HEALTH INC SR UNSECURED 03/28 4.101 | 0.88 | 250,000 |
| AT+T INC SR UNSECURED 02/28 4.1 | 0.88 | 250,000 |
| FLORIDA POWER + LIGHT CO 1ST MORTGAGE 04/28 5.05 | 0.87 | 240,000 |
| CDW LLC/CDW FINANCE COMPANY GUAR 12/26 2.67 | 0.86 | 254,000 |
| NISOURCE INC SR UNSECURED 03/28 5.25 | 0.85 | 235,000 |
| US BANCORP SR UNSECURED 01/28 VAR | 0.85 | 254,000 |
| DAIMLER TRUCK FINAN NA COMPANY GUAR 144A 12/26 2 | 0.85 | 254,000 |
| TRUIST FINANCIAL CORP SR UNSECURED 03/27 VAR | 0.85 | 254,000 |
| AMEREN CORP SR UNSECURED 03/27 1.95 | 0.85 | 254,000 |
| RTX CORP SR UNSECURED 11/26 5.75 | 0.84 | 230,000 |
| MERCEDES BENZ FIN NA COMPANY GUAR 144A 11/27 5.25 | 0.82 | 225,000 |
| AON NORTH AMERICA INC COMPANY GUAR 03/29 5.15 | 0.82 | 225,000 |
| PHILIP MORRIS INTL INC SR UNSECURED 11/27 5.125 | 0.82 | 225,000 |
| AMAZON.COM INC SR UNSECURED 12/27 4.55 | 0.81 | 225,000 |
| NATIONAL RURAL UTIL COOP SR UNSECURED 03/28 4.8 | 0.81 | 225,000 |
| FEDERATED GOVT OBLG PR SHARES | 0.81 | 227,395 |
| META PLATFORMS INC SR UNSECURED 08/27 3.5 | 0.80 | 229,000 |
| CVS HEALTH CORP SR UNSECURED 03/28 4.3 | 0.79 | 225,000 |
| FREEPORT MCMORAN INC COMPANY GUAR 08/28 4.375 | 0.79 | 225,000 |
| ALTRIA GROUP INC COMPANY GUAR 11/28 6.2 | 0.75 | 200,000 |
| FORD MOTOR CREDIT CO LLC SR UNSECURED 11/28 6.798 | 0.75 | 200,000 |
| MPLX LP SR UNSECURED 03/28 4 | 0.75 | 215,000 |
| ONEOK INC COMPANY GUAR 07/28 4.55 | 0.74 | 210,000 |
| DUKE ENERGY CORP SR UNSECURED 12/27 5 | 0.74 | 205,000 |
| DOMINION ENERGY INC SR UNSECURED 06/28 4.25 | 0.74 | 210,000 |
| BROADCOM INC COMPANY GUAR 09/28 4.11 | 0.74 | 210,000 |
| AIR LEASE CORP SR UNSECURED 12/27 5.85 | 0.74 | 200,000 |
| FISERV INC SR UNSECURED 03/28 5.45 | 0.73 | 200,000 |
| CISCO SYSTEMS INC SR UNSECURED 02/29 4.85 | 0.73 | 200,000 |
| ABBVIE INC SR UNSECURED 11/28 4.25 | 0.73 | 205,000 |
| HEICO CORP COMPANY GUAR 08/28 5.25 | 0.73 | 200,000 |
| WILLIAMS COMPANIES INC SR UNSECURED 08/28 5.3 | 0.73 | 200,000 |
| HYUNDAI CAPITAL AMERICA SR UNSECURED 144A 06/29 5.3 | 0.73 | 200,000 |
| CENOVUS ENERGY INC SR UNSECURED 07/25 5.375 | 0.73 | 204,000 |
| BAT CAPITAL CORP COMPANY GUAR 09/24 2.789 | 0.72 | 204,000 |
| MARATHON PETROLEUM CORP SR UNSECURED 05/25 4.7 | 0.72 | 204,000 |
| GLOBAL PAYMENTS INC SR UNSECURED 08/27 4.95 | 0.72 | 200,000 |
| CROWN CASTLE INC SR UNSECURED 09/28 4.8 | 0.71 | 200,000 |
| SYSCO CORPORATION COMPANY GUAR 07/26 3.3 | 0.71 | 204,000 |
| CENTENE CORP SR UNSECURED 12/27 4.25 | 0.71 | 204,000 |
| KRAFT HEINZ FOODS CO COMPANY GUAR 07/28 6.375 | 0.70 | 185,000 |
| ORACLE CORP SR UNSECURED 05/28 4.5 | 0.68 | 190,000 |
| AMERICAN INTL GROUP SR UNSECURED 06/25 2.5 | 0.58 | 167,000 |
| BOEING CO/THE SR UNSECURED 144A 05/29 6.298 | 0.56 | 150,000 |
| AMERICAN TOWER CORP SR UNSECURED 03/28 5.5 | 0.55 | 150,000 |
| DIAMONDBACK ENERGY INC COMPANY GUAR 01/30 5.15 | 0.55 | 150,000 |
| RYDER SYSTEM INC SR UNSECURED 06/28 5.25 | 0.54 | 150,000 |
| THERMO FISHER SCIENTIFIC SR UNSECURED 11/27 4.8 | 0.54 | 150,000 |
| COCA COLA CO/THE SR UNSECURED 09/24 1.75 | 0.54 | 152,000 |
| ENEL FINANCE INTL NV COMPANY GUAR 144A 09/24 2.65 | 0.54 | 152,000 |
| REVVITY INC SR UNSECURED 09/24 0.85 | 0.54 | 152,000 |
| BAYER US FINANCE LLC COMPANY GUAR 144A 10/24 3.375 | 0.54 | 152,000 |
| JDE PEET S NV COMPANY GUAR 144A 09/24 0.8 | 0.54 | 152,000 |
| PENSKE TRUCK LEASING/PTL SR UNSECURED 144A 11/24 2.7 | 0.54 | 152,000 |
| BECTON DICKINSON + CO SR UNSECURED 02/28 4.693 | 0.54 | 150,000 |
| DISCOVERY COMMUNICATIONS COMPANY GUAR 03/26 4.9 | 0.54 | 152,000 |
| T MOBILE USA INC COMPANY GUAR 04/27 5.375 | 0.54 | 150,000 |
| LEIDOS INC COMPANY GUAR 05/25 3.625 | 0.53 | 152,000 |
| EVERSOURCE ENERGY SR UNSECURED 07/27 4.6 | 0.53 | 150,000 |
| KEYSIGHT TECHNOLOGIES SR UNSECURED 04/27 4.6 | 0.53 | 150,000 |
| ROGERS COMMUNICATIONS IN COMPANY GUAR 03/27 3.2 | 0.52 | 152,000 |
| GLENCORE FUNDING LLC COMPANY GUAR 144A 09/25 1.625 | 0.52 | 152,000 |
| ALCON FINANCE CORP COMPANY GUAR 144A 09/26 2.75 | 0.52 | 152,000 |
| PNC FINANCIAL SERVICES SR UNSECURED 10/27 VAR | 0.52 | 140,000 |
| WEIR GROUP PLC (THE) SR UNSECURED 144A 05/26 2.2 | 0.52 | 152,000 |
| VONTIER CORP COMPANY GUAR 04/26 1.8 | 0.51 | 152,000 |
| OVINTIV INC COMPANY GUAR 05/28 5.65 | 0.51 | 140,000 |
| GXO LOGISTICS INC SR UNSECURED 07/26 1.65 | 0.51 | 152,000 |
| ASHTEAD CAPITAL INC COMPANY GUAR 144A 08/26 1.5 | 0.51 | 152,000 |
| DIAMONDBACK ENERGY INC COMPANY GUAR 12/29 3.5 | 0.50 | 150,000 |
| ZOETIS INC SR UNSECURED 11/25 5.4 | 0.50 | 140,000 |
| WELLTOWER OP LLC COMPANY GUAR 06/25 4 | 0.45 | 127,000 |
| BOSTON PROPERTIES LP SR UNSECURED 01/25 3.2 | 0.45 | 127,000 |
| SOUTHERN COPPER CORP SR UNSECURED 04/25 3.875 | 0.45 | 127,000 |
| AIA GROUP LTD SR UNSECURED 144A 03/25 3.2 | 0.45 | 127,000 |
| COLUMBIA PIPELINE HOLDCO SR UNSECURED 144A 08/28 6.042 | 0.44 | 120,000 |
| STEEL DYNAMICS INC COMPANY GUAR 12/26 5 | 0.44 | 125,000 |
| EMERA US FINANCE LP COMPANY GUAR 06/26 3.55 | 0.44 | 127,000 |
| UDR INC COMPANY GUAR 09/26 2.95 | 0.44 | 127,000 |
| COMERICA INC SR UNSECURED 01/30 VAR | 0.43 | 120,000 |
| INTL FLAVOR + FRAGRANCES SR UNSECURED 144A 10/25 1.23 | 0.43 | 127,000 |
| JEFFERIES FIN GROUP INC SR UNSECURED 07/28 5.875 | 0.39 | 105,000 |
| BRISTOL MYERS SQUIBB CO SR UNSECURED 02/29 4.9 | 0.38 | 105,000 |
| GRUPO TELEVISA SAB SR UNSECURED 03/25 6.625 | 0.36 | 102,000 |
| SOLVENTUM CORP COMPANY GUAR 144A 03/29 5.4 | 0.36 | 100,000 |
| ALLEGION US HOLDING CO COMPANY GUAR 10/24 3.2 | 0.36 | 102,000 |
| ROPER TECHNOLOGIES INC SR UNSECURED 09/28 4.2 | 0.35 | 100,000 |
| CITIZENS FINANCIAL GROUP SR UNSECURED 01/30 VAR | 0.35 | 95,000 |
| MICROCHIP TECHNOLOGY INC COMPANY GUAR 03/29 5.05 | 0.34 | 95,000 |
| HCA INC COMPANY GUAR 06/28 5.2 | 0.34 | 95,000 |
| AMERICAN ELECTRIC POWER SR UNSECURED 11/27 5.75 | 0.33 | 90,000 |
| CHARTER COMM OPT LLC/CAP SR SECURED 06/29 6.1 | 0.31 | 85,000 |
| WEC ENERGY GROUP INC SR UNSECURED 10/27 5.15 | 0.30 | 82,000 |
| FNB CORP SR UNSECURED 08/25 5.15 | 0.18 | 50,000 |
| VERISK ANALYTICS INC SR UNSECURED 06/25 4 | 0.13 | 38,000 |
| US DOLLAR | 0.09 | 26,734 |
