| Moody's/
Standard &
Poor's
Rating(a)
|
| Principal
Amount (000's)
|
| Value
(Note1)
|
CORPORATE DEBT SECURITIES (82.12%)
|
|
|
|
|
|
AEROSPACE/DEFENSE (2.16%)
|
|
|
|
|
|
Boeing Co., Sr. Unsec. Notes, 4.875%, 05/01/25(b)
| Baa2/BBB-
|
| $1,657
|
| $ 1,633,208
|
Boeing Co., Sr. Unsec. Notes, 5.805%, 05/01/50(b)
| Baa2/BBB-
|
| 463
|
|
459,562
|
Northrop Grumman Corp., Sr. Unsec. Notes, 3.250%, 01/15/28(b)
| Baa1/BBB+
|
| 365
|
| 340,287
|
Northrop Grumman Corp., Sr. Unsec. Notes, 7.750%, 06/01/29
| Baa1/BBB+
|
| 500
|
|
559,486
|
Raytheon Technologies Corp., Sr. Unsec. Notes, 3.750%, 11/01/46(b)
| Baa1/A-
|
| 700
|
| 561,417
|
Rolls-Royce PLC, Co. Gty., 5.750%, 10/15/27, 144A(b)
| Ba3/BB
|
| 369
|
|
359,642
|
TransDigm, Inc., Sr. Sec. Notes, 6.750%, 08/15/28, 144A(b)
| Ba3/B+
|
| 90
|
| 90,350
|
|
|
|
|
| 4,003,952
|
AGRICULTURE (0.73%)
|
|
|
|
|
|
Altria Group, Inc., Co. Gty., 4.800%, 02/14/29(b)
| A3/BBB
|
| 97
|
|
94,287
|
Altria Group, Inc., Co. Gty., 5.950%, 02/14/49(b)
| A3/BBB
|
| 329
|
| 311,939
|
BAT International Finance PLC, Co. Gty., 1.668%, 03/25/26(b)
| Baa2/BBB+
|
| 425
|
|
382,010
|
Philip Morris International, Inc., Sr. Unsec. Notes, 5.625%, 11/17/29(b)
| A2/A-
|
| 90
|
| 91,671
|
Philip Morris International, Inc., Sr. Unsec. Notes, 2.100%, 05/01/30(b)
| A2/A-
|
| 580
|
| 479,743
|
|
|
|
|
| 1,359,650
|
AIRLINES (3.59%)
|
|
|
|
|
|
Air Canada, Sr. Sec. Notes, 3.875%, 08/15/26, 144A(b)
| Ba2/BB-
|
| 246
|
| 228,031
|
Air Canada Pass Through Certs., Series 2020-2, Class A, 5.250%, 04/01/29, 144A
| NA/A
|
| 191
|
|
184,651
|
American Airlines Group, Inc. Pass Through Certs., Series 2017-1, Class AA, 3.650%, 02/15/29
| Baa1/NA
|
| 782
|
| 719,730
|
American Airlines Group, Inc. Pass Through Certs., Series 2017-2, Class AA, 3.350%, 10/15/29
| Baa1/NA
|
| 1,158
|
|
1,027,474
|
American Airlines Group, Inc. Pass Through Certs., Series 2019-1, Class AA, 3.150%, 02/15/32
| Baa1/A-
|
| 682
|
| 593,071
|
American Airlines, Inc., Sr. Sec. Notes, 5.500%, 04/20/26, 144A
| Ba2/NA
|
| 354
|
|
349,188
|
American Airlines, Inc., Sr. Sec. Notes, 5.750%, 04/20/29, 144A
| Ba2/NA
|
| 162
|
| 157,321
|
British Airways PLC Pass Through Certs., Series 2020-1, Class A, 4.250%, 11/15/32, 144A
| NA/A
|
| 103
|
|
94,033
|
Delta Air Lines, Inc., Sr. Sec. Notes, 4.500%, 10/20/25, 144A
| Baa1/NA
|
| 100
|
| 97,978
|
Delta Air Lines, Inc., Sr. Sec. Notes, 4.750%, 10/20/28, 144A
| Baa1/NA
|
| 209
|
|
202,749
|
JetBlue Airways Corp. Pass Through Certs., Series 2020-1, Class A, 4.000%, 11/15/32
| A2/NA
|
| 898
|
| 817,799
|
United Airlines, Inc., Sr. Sec. Notes, 4.375%, 04/15/26, 144A(b)
| Ba1/BB
|
| 65
|
|
61,727
|
United Airlines, Inc., Sr. Sec. Notes, 4.625%, 04/15/29, 144A(b)
| Ba1/BB
|
| 318
|
| 289,759
|
United Airlines, Inc. Pass Through Certs., Series 2018-1, Class B, 4.600%, 03/01/26
| Baa3/NA
|
| 527
|
|
494,294
|
United Airlines, Inc. Pass Through Certs., Series 2019-1, Class AA, 4.150%, 08/25/31
| A2/NA
|
| 353
|
| 323,493
|
United Airlines, Inc. Pass Through Certs., Series 2019-2, Class AA, 2.700%, 05/01/32
| A2/NA
|
| 939
|
|
786,069
|
United Airlines, Inc. Pass Through Certs., Series 2020-1, Class A, 5.875%, 10/15/27
| A3/A+
|
| 229
|
| 226,525
|
|
|
|
|
| 6,653,892
|
AUTO MANUFACTURERS (2.28%)
|
|
|
|
|
|
Ford Holdings LLC, Co. Gty., 9.300%, 03/01/30
| Ba2/BB+
|
| 1,000
|
|
1,122,500
|
Ford Motor Credit Co. LLC, Sr. Unsec. Notes, 3.370%, 11/17/23
| Ba2/BB+
|
| 500
|
| 494,914
|
Ford Motor Credit Co. LLC, Sr. Unsec. Notes, 2.300%, 02/10/25(b)
| Ba2/BB+
|
| 1,199
|
|
1,120,943
|
General Motors Co., Sr. Unsec. Notes, 6.800%, 10/01/27(b)
| Baa2/BBB
|
| 405
|
| 420,550
|
General Motors Financial Co., Inc., Sr. Unsec. Notes, 3.600%, 06/21/30(b)
| Baa2/BBB
|
| 1,027
|
|
887,000
|
Stellantis Finance US, Inc., Co. Gty., 2.691%, 09/15/31, 144A(b)
| Baa2/BBB
|
| 221
|
| 176,531
|
|
|
|
|
| 4,222,438
|
BANKS (13.47%)
|
|
|
|
|
|
AIB Group PLC, Sr. Unsec. Notes, (3M LIBOR + 1.874%), 4.263%, 04/10/25, 144A(b),(c)
| A3/BBB
|
| 582
|
|
568,619
|
Bank of America Corp., Sr. Unsec. Notes, (SOFRRATE + 1.330%), 2.972%, 02/04/33(b),(c)
| A1/A-
|
| 2,655
|
| 2,212,217
|
Citigroup, Inc., Jr. Sub. Notes, (H15T5Y + 3.597%), 4.000%, 12/10/25(b),(c),(d)
| Ba1/BB+
|
| 635
|
|
542,131
|
Citigroup, Inc., Sr. Unsec. Notes, 8.125%, 07/15/39
| A3/BBB+
|
| 70
|
| 89,241
|
Citigroup, Inc., Sr. Unsec. Notes, (SOFRRATE + 1.887%), 4.658%, 05/24/28(b),(c)
| A3/BBB+
|
| 1,302
|
|
1,269,215
|
Citigroup, Inc., Sr. Unsec. Notes, (TSFR3M + 1.600%), 3.980%, 03/20/30(b),(c)
| A3/BBB+
|
| 500
|
| 461,670
|
Citigroup, Inc., Sr. Unsec. Notes, (TSFR3M + 1.825%), 3.887%, 01/10/28(b),(c)
| A3/BBB+
|
| 1,100
|
|
1,042,168
|
Citigroup, Inc., Sub. Notes, 4.600%, 03/09/26
| Baa2/BBB
|
| 988
|
| 956,165
|
Citigroup, Inc., Sub. Notes, 5.300%, 05/06/44
| Baa2/BBB
|
| 926
|
|
854,712
|
Comerica, Inc., Sr. Unsec. Notes, 3.700%, 07/31/23(b)
| Baa1/BBB+
|
| 782
|
| 779,216
|
Credit Agricole SA, Sub. Notes, (USD 5 yr. Swap Semi 30/360 US + 1.644%), 4.000%, 01/10/33, 144A(b),(c)
| Baa1/BBB+
|
| 1,025
|
|
912,231
|
Credit Suisse AG, Sr. Unsec. Notes, (SOFRINDX + 1.260%), 6.349%, 02/21/25(e)
| A3+/A
|
| 1,250
|
| 1,219,352
|
Deutsche Bank AG, Sr. Unsec. Notes, (SOFRRATE + 3.180%), 6.720%, 01/18/29(b),(c)
| Baa1/BBB-
|
| 254
|
|
254,273
|
Deutsche Bank AG, Sub. Notes, (SOFRRATE + 3.650%), 7.079%, 02/10/34(b),(c)
| Baa3/BB+
|
| 316
|
| 292,196
|
Goldman Sachs Group, Inc., Sr. Unsec. Notes, (3M LIBOR + 1.750%), 7.023%, 10/28/27(b),(e)
| A2/BBB+
|
| 550
|
|
558,984
|
Goldman Sachs Group, Inc., Sr. Unsec. Notes, (SOFRRATE + 1.725%), 4.482%, 08/23/28(b),(c)
| A2/BBB+
|
| 703
|
| 679,334
|
HSBC Capital Funding Dollar 1 LP, Co. Gty., (3M LIBOR + 4.980%), 10.176%, 06/30/30, 144A(b),(c),(d)
| Baa3/BB+
|
| 2,180
|
|
2,690,414
|
HSBC USA, Inc., Sr. Unsec. Notes, 3.750%, 05/24/24
| A1/A-
|
| 1,955
|
| 1,918,327
|
ING Groep NV, Sr. Unsec. Notes, (SOFRRATE + 1.640%), 3.869%, 03/28/26(b),(c)
| Baa1/A-
|
| 782
|
|
750,862
|
JPMorgan Chase & Co., Sr. Unsec. Notes, (SOFRRATE + 1.845%), 5.350%, 06/01/34(b),(c)
| A1/A-
|
| 400
|
| 402,995
|