Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 10-01-2024 , and ending 12-31-2024
Name of foundation
PIVOTAL PHILANTHROPIES PATHWAYS
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)12335 134TH CT NE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
REDMOND, WA98052
A Employer identification number

93-4414218
B Telephone number (see instructions)

(425) 708-8650
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$962,622,048J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 982,228,982
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 5,235,307 5,235,307  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -31,830,536
b Gross sales price for all assets on line 6a 1,321,543,170
7 Capital gain net income (from Part IV, line 2)... 908,076,281
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
0 342,152  
12 Total. Add lines 1 through 11........ 955,633,753 913,653,740  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
595,845 595,845   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 595,845 595,845   0
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 595,845 595,845   0
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 955,037,908
b Net investment income (if negative, enter -0-) 913,057,895
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............   -284,748 -284,748
2 Savings and temporary cash investments.........   137,069,439 137,069,439
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
109,997,478 		109,997,478
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
478,625,034 		478,625,034
c Investments—corporate bonds (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
36,964,977 		36,964,977
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
197,947,661 		197,947,661
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
0 		Click to see attachment
List of Attached Documents:
// Content
2,302,207 		Click to see attachment
List of Attached Documents:
// Content
2,302,207
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 0 962,622,048 962,622,048
Liabilities 17 Accounts payable and accrued expenses..........   62,379
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 62,379
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........   962,559,669
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 0 962,559,669
30 Total liabilities and net assets/fund balances (see instructions). 0 962,622,048
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
0
2
Enter amount from Part I, line 27a .....................
2
955,037,908
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
7,521,761
4
Add lines 1, 2, and 3 ..........................
4
962,559,669
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
962,559,669
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,321,543,170   413,466,889 908,076,281
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       908,076,281
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 908,076,281
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 12,691,505
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 12,691,505
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,691,505
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 13,500,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 13,500,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 808,495
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow808,495 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowWA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowJOHN K SAGE Telephone no.right arrow (425) 708-8650

Located atright arrow12335 134TH CT NEREDMONDWA ZIP+4right arrow98052
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MELINDA FRENCH GATES DIRECTOR
1.00 		0 0 0
12335 134TH CT NE
REDMOND,WA98052
JOHN K SAGE PRESIDENT & TREASURER
1.00 		0 0 0
12335 134TH CT NE
REDMOND,WA98052
BROOKE ANDERSON VICE PRESIDENT & SECRETARY
1.00 		0 0 0
12335 134TH CT NE
REDMOND,WA98052
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
CAMBRIDGE ASSOCIATES LLC INVESTMENT MANAGEMENT 62,379
115 FEDERAL STREET SUITE 2600
BOSTON,MA02110
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
607,839,213
b
Average of monthly cash balances.......................
1b
172,301,343
c
Fair market value of all other assets (see instructions)................
1c
32,193,512
d
Total (add lines 1a, b, and c).........................
1d
812,334,068
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
812,334,068
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
12,185,011
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
800,149,057
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
10,084,279
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
10,084,279
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
12,691,505
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
12,691,505
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
0
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
0
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
0
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
0
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
0
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 0
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 0
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 0
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 5,235,307  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 -31,830,536  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 -26,595,229 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
-26,595,229
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
PIVOTAL INITIATIVES FUND 501(C)(4) PIVOTAL PHILANTHROPIES PATHWAYS FOUNDATION AND PIVOTAL INITIATIVES FUND SHARE AN ELEMENT OF COMMON CONTROL THROUGH AN OVERLAP OF OFFICERS AND DIRECTORS.
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
PIVOTAL PHILANTHROPIES PATHWAYS
FOUNDATION
Employer identification number

93-4414218
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
PIVOTAL PHILANTHROPIES PATHWAYS
FOUNDATION 		Employer identification number
93-4414218
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
WILLIAM H GATES JR
2365 CARILLON POINT
 
KIRKLAND, WA98033

$ 982,228,982


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
PIVOTAL PHILANTHROPIES PATHWAYS
FOUNDATION 		Employer identification number

93-4414218
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
1
 PUBLICLY TRADED STOCK $ 982,228,982 2024-10-01
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
PIVOTAL PHILANTHROPIES PATHWAYS
FOUNDATION 		Employer identification number

93-4414218
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 ExplnOfNonFilingWithAGStmt
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Statement:
THE STATE OF WASHINGTON DOES NOT REQUIRE PRIVATE FOUNDATIONS TO SUBMIT A COPY OF THE FORM 990-PF TO THE ATTORNEY GENERAL.

TY 2024 InvestmentsCorpBondsSchedule
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Name of Bond End of Year Book Value End of Year Fair Market Value
BHP BILLITON FIN USA LTD 4.75% 02-28-2028 9,990 9,990
BHP BILLITON FIN USA LTD 5.25% 09-08-2026 25,259 25,259
BHP BILLITON FIN USA LTD 5.25% 09-08-2030 10,159 10,159
BHP BILLITON FIN USA LTD 5.25% 09-08-2033 10,051 10,051
BHP BILLITON FIN USA LTD 5.5% 09-08-2053 29,328 29,328
RIO TINTO FIN USA 5% DUE 03-09-2033 24,986 24,986
RIO TINTO FIN USA 5.125% DUE 03-09-2053 13,901 13,901
WESTPAC BKG CORP 1.15% DUE 06-03-2026 33,393 33,393
WESTPAC BKG CORP 5.05% 04-16-2029 15,164 15,164
WESTPAC BKG CORP 5.457% DUE 11-18-2027 25,582 25,582
WESTPAC BKG CORP 5.535% 11-17-2028 15,435 15,435
WESTPAC BKG CORP 6.82% 11-17-2033 32,428 32,428
ANHEUSER BUSCH 5.8% DUE 01-23-2059 20,377 20,377
ANHEUSER BUSCH INBEV WOR 5.55% 01-23-2049 29,627 29,627
ANHEUSER BUSCH INBEV WORLDWIDE INC 5.0% 06-15-2034 19,787 19,787
ANHEUSER BUSCH INBEV WORLDWIDE INC 5.45% 01-23-2039 25,066 25,066
ANHEUSER BUSCH INC 4.439% DUE 10-06-2048 16,957 16,957
ANHEUSER-BUSCH 4% DUE 04-13-2028 29,449 29,449
ANHEUSER-BUSCH COS LLC CORP 4.7% 02-01-2036 23,699 23,699
ANHEUSER-BUSCH COS LLC CORP 4.9% 02-01-2046 34,585 34,585
ANHEUSER-BUSCH INBEV WORLDWIDE INC 4.75% 01-23-2029 29,980 29,980
SUZANO AUSTRIA GMBH 3.125% 01-15-2032 8,296 8,296
SUZANO AUSTRIA GMBH 3.75% DUE 01-15-2031BEO 8,825 8,825
VALE OVERSEAS LTD 6.125% DUE 06-12-2033 30,378 30,378
VALE OVERSEAS LTD 6.4% 06-28-2054 29,498 29,498
ALGONQUIN POWER & UTILITIES CORP STEP UP06-15-2026 50,235 50,235
BANK MONTREAL QUE 4.567% 09-10-2027 14,953 14,953
BANK MONTREAL QUE 5.3% 06-05-2026 15,136 15,136
BANK MONTREAL QUE 5.37% 06-04-2027 40,596 40,596
BANK NOVA SCOTIA B C 4.74% 11-10-2032 9,688 9,688
BANK NOVA SCOTIA B C 5.35% 12-07-2026 10,129 10,129
BANK NOVA SCOTIA B C 5.65% 02-01-2034 10,187 10,187
BANK NOVA SCOTIA B C FIXED RATE RESETTING SUB NT 4.588% 05-04-2037 9,175 9,175
BANK OF MONTREAL 4.64% DTD 09-10-2024 DUE 09-10-2030 9,808 9,808
BANK OF MONTREAL 5.511% 06-04-2031 15,235 15,235
BANK OF NOVA SCOTIA 4.404% 09-08-2028 9,898 9,898
BANK OF NOVA SCOTIA 4.75% DUE 02-02-2026 15,004 15,004
BANK OF NOVA SCOTIA 4.85% DUE 02-01-2030 9,927 9,927
BELL CANADA 4.464% 04-01-2048 8,096 8,096
BELL CANADA 5.2% 02-15-2034 9,762 9,762
BELL CANADA 5.55% 02-15-2054 9,393 9,393
BELL CDA 3.65% 08-15-2052 6,901 6,901
BELL CDA 5.1% DUE 05-11-2033 9,724 9,724
BK NOVA SCOTIA B C 2.7% DUE 08-03-2026 14,556 14,556
BK NOVA SCOTIA B C 5.4% DUE 06-04-2027 10,159 10,159
BROOKFIELD FIN INC 3.9% DUE 01-25-2028 29,183 29,183
CANADIAN IMPERIAL BANK 5.237% 06-28-2027 15,159 15,159
CANADIAN IMPERIAL BANK 5.26% 04-08-2029 20,159 20,159
CANADIAN IMPERIAL BK COMM TORONTO BRH 4.508% 09-11-2027 19,910 19,910
CANADIAN PAC RY CO 4.2% 11-15-2069 11,028 11,028
CANADIAN PAC RY CO NEW 3.1% 12-02-2051 9,769 9,769
CANADIAN PACIFIC RAILWAY CO 2.45% DUE 12-02-2031 BEO 17,058 17,058
CDN IMPERIAL BK COMM TORONTO BRH SR NT 6.092% 10-03-2033 10,458 10,458
CDN PAC RY CO NEW FIXED 4% 06-01-2028 14,604 14,604
ENBRIDGE INC 5.25% 04-05-2027 10,116 10,116
ENBRIDGE INC 5.625% 04-05-2034 30,189 30,189
ENBRIDGE INC 5.7% 03-08-2033 25,272 25,272
ENBRIDGE INC 5.9% 11-15-2026 15,292 15,292
ENBRIDGE INC 5.95% 04-05-2054 29,750 29,750
ENBRIDGE INC 7.375% 03-15-2055 31,152 31,152
ENBRIDGE INC SR NT 3.4% 08-01-2051 6,698 6,698
FAIRFAX FINANCIAL HLDGS LTD 4.62% DUE 04-29-2030 14,633 14,633
FAIRFAX FINL HLDGS LTD USD SR NT 144A 6.1% 03-15-2055 14,821 14,821
NUTRIEN LTD 2.95% DUE 05-13-2030 22,493 22,493
NUTRIEN LTD 5.2% 06-21-2027 30,306 30,306
ROGERS COMMUNICATIONS INC 3.2% 03-15-2027 9,658 9,658
ROGERS COMMUNICATIONS INC 3.8% 03-15-2032 8,992 8,992
ROGERS COMMUNICATIONS INC 4.35% 05-01-2049 REG 7,828 7,828
ROGERS COMMUNICATIONS INC 4.5% 03-15-2042 12,677 12,677
ROGERS COMMUNICATIONS INC 4.55% 03-15-2052 20,029 20,029
ROGERS COMMUNICATIONS INC 5.0% 02-15-2029 24,838 24,838
ROGERS COMMUNICATIONS INC 5.3% 02-15-2034 9,754 9,754
ROYAL BANK OF CANADA 1.2% 04-27-2026 19,134 19,134
ROYAL BANK OF CANADA 4.65% 10-18-2030 14,689 14,689
ROYAL BANK OF CANADA 4.875% 01-19-2027 45,177 45,177
ROYAL BANK OF CANADA 4.969% 08-02-2030 19,845 19,845
ROYAL BANK OF CANADA 5.0% DUE 02-01-2033 19,664 19,664
ROYAL BANK OF CANADA 5.069% 07-23-2027 20,091 20,091
ROYAL BANK OF CANADA 5.15% 02-01-2034 9,883 9,883
SUNCOR ENERGY INC 4% DUE 11-15-2047 18,565 18,565
SUNCOR ENERGY INC NEW SR NT 3.75% 03-04-2051 17,552 17,552
TORONTO DOMINION BANK 4.98% 04-05-2027 15,052 15,052
TORONTO DOMINION BANK 5.156% 01-10-2028 15,070 15,070
TORONTO DOMINION BANK 5.264% 12-11-2026 15,158 15,158
TORONTO DOMINION BK 4.456% 06-08-2032 28,419 28,419
TORONTO DOMINION BK ONT 5.146% 09-10-2034 9,760 9,760
TORONTO DOMINION FIXED 5.532% 07-17-2026 30,342 30,342
TRANSCANADA 4.75% DUE 05-15-2038 31,385 31,385
TRANSCANADA FIXED 5.1% DUE 03-15-2049 13,702 13,702
TRANSCANADA PIPELINES 4.25% DUE 05-15-2028 14,642 14,642
TRANSCANADA PIPELINES LIMITED 2.5% 10-12-2031 21,235 21,235
ALIBABA GROUP HLDG LTD 4.0% 12-06-2037 171,095 171,095
NXP B V / NXP FDG LLC / NXP USA INC SR NT 3.25% 05-11-2041 21,932 21,932
NXP B V/NXP FDG LLC/NXP USA INC 4.3% 06-18-0209 9,709 9,709
NXP B V/NXP FDG LLC/NXP USA INC 4.4% DUE06-01-2027 BEO 9,903 9,903
NXP B V/NXP FDG LLC/NXP USA INC 5.0% 01-15-2033 9,733 9,733
NXP B V/NXP FUNDING LLC/NXP USA INC 2.5%DUE 05-11-2031 8,527 8,527
TOTAL CAP INTL 3.455% 02-19-202 23,818 23,818
TOTALENERGIES CAP 4.724% 09-10-2034 9,620 9,620
TOTALENERGIES CAP 5.425% 09-10-2064 46,424 46,424
TOTALENERGIES CAPITAL S.A. 5.15% 04-05-2034 9,959 9,959
TOTALENERGIES CAPITAL S.A. 5.275% 09-10-2054 13,890 13,890
TOTALENERGIES CAPITAL SA 5.488% 04-05-2054 14,401 14,401
DEUTSCHE BK AG N Y BRANCH 6.819% 11-20-2029 156,987 156,987
AERCAP IRELAND CAP 4.625% 09-10-2029 146,725 146,725
MITSUBISHI UFJ FINL GROUP INC 5.258% 04-17-2030 201,692 201,692
MIZUHO FINL GROUP 5.382% 07-10-2030 201,958 201,958
NOMURA HLDGS INC 3.103% DUE 01-16-2030 180,511 180,511
SUMITOMO MITSUI FIN & LEASING CO 07-12-2017 3.364% DUE 07-12-2027 38,751 38,751
SUMITOMO MITSUI FINANCIAL GROUP INC 4.306% 10-16-2028 34,355 34,355
SUMITOMO MITSUI FINANCIAL GROUP INC SUB NT 2.142% 09-23-2030 42,359 42,359
SUMITOMO MITSUI FINL GROUP INC 1.402% 09-17-2026 37,825 37,825
SUMITOMO MITSUI FINL GROUP INC 3.944% 07-19-2028 48,523 48,523
SUMITOMO MITSUI FINL GROUP INC 5.836% 07-09-2044 25,257 25,257
TAKEDA PHARMACEUTICAL 5.3% 07-05-2034 198,170 198,170
ARCELORMITTAL 6.55% DUE 11-29-2027 BEO 10,403 10,403
ARCELORMITTAL 6.8% DUE 11-29-2032 10,687 10,687
ARCELORMITTAL SA 6.0% 06-17-2034 10,174 10,174
ARCELORMITTAL SA 6.35% 06-17-2054 9,890 9,890
EQUINOR ASA 3.5% DUE 04-06-2030 18,430 18,430
EQUINOR ASA 3.625% DUE 04-06-2040 12,130 12,130
EQUINOR ASA FIXED 3.7% DUE 04-06-2050 7,418 7,418
BANCO SANTANDER SA 5.538% 03-14-2030 200,923 200,923
TELEFONICA EMISIONES S A U 4.665% 03-06-2038 133,397 133,397
UBS AG LONDON BRH 5.65% 09-11-2028 204,609 204,609
ASTRAZENECA FIN FIXED 1.2% DUE 05-28-2026 9,558 9,558
ASTRAZENECA FIN LLC 5.0% 02-26-2034 39,568 39,568
ASTRAZENECA FIN LLC NT 4.9% 02-26-2031 19,981 19,981
ASTRAZENECA FINANCE LLC. 4.8% 02-26-2027 15,086 15,086
ASTRAZENECA FINANCE LLC. 4.85% 02-26-2029 30,062 30,062
ASTRAZENECA PLC .7% DUE 04-08-2026 9,541 9,541
ASTRAZENECA PLC NT 3% 05-28-2051 13,100 13,100
BARCLAYS PLC 4.942% 09-10-2030 196,125 196,125
HSBC HLDGS PLC 2.848% 06-04-2031 175,577 175,577
HSBC HLDGS PLC 5.733% DUE 05-17-2032 202,334 202,334
LLOYDS BANKING GROUP PLC 5.721% 06-05-2030 203,445 203,445
NATWEST GROUP PLC 5.808% DUE 09-13-2029 203,925 203,925
SHELL INTL FIN B V 2.75% DUE 04-06-2030 45,821 45,821
SHELL INTL FIN B V 2.875% DUE 11-26-2041 7,075 7,075
SHELL INTL FIN B V 3.25% DUE 04-06-2050 16,847 16,847
SMITH & NEPHEW PLC 5.15% 03-20-2027 10,071 10,071
SMITH & NEPHEW PLC 5.4% 03-20-2034 14,885 14,885
SMITH & NEPHEW PLC FIXED 2.032% DUE 10-14-2030 12,569 12,569
UNILEVER CAP CORP 2.125% DUE 09-06-2029 89,002 89,002
VODAFONE GROUP PLC 4.375% 05-30-2028 9,914 9,914
VODAFONE GROUP PLC 5% DUE 05-30-2038 19,081 19,081
VODAFONE GROUP PLC 5.25% DUE 05-30-2048 13,896 13,896
VODAFONE GROUP PLC 5.75% 06-28-2054 19,308 19,308
VODAFONE GROUP PLC 5.875% 06-28-2064 14,545 14,545
VODAFONE GROUP PLC NEW 4.875% DUE 06-19-2049 REG 12,939 12,939
3M CO 3.7% DUE 04-15-2050/03-27-2020 REG 22,069 22,069
3M CO FIXED 3.05% DUE 04-15-2030 27,497 27,497
ABBOTT LABS 4.75% DUE 11-30-2036 48,318 48,318
ABBOTT LABS 4.9% DUE 11-30-2046 23,361 23,361
ABBVIE INC 3.2% 11-21-2029 9,279 9,279
ABBVIE INC 4.05% DUE 11-21-2039 REG 29,936 29,936
ABBVIE INC 4.25% DUE 11-21-2049 REG 16,285 16,285
ABBVIE INC 4.8% 03-15-2027 10,058 10,058
ABBVIE INC 4.8% 03-15-2029 39,985 39,985
ABBVIE INC 4.95% 03-15-2031 10,000 10,000
ABBVIE INC 5.05% 03-15-2034 44,502 44,502
ABBVIE INC 5.35% 03-15-2044 48,797 48,797
ABBVIE INC 5.4% 03-15-2054 19,258 19,258
ABBVIE INC FIXED 2.95% DUE 11-21-2026 29,142 29,142
ADVOCATE HEALTH & HOSPS CORP 2.211% DUE 06-15-2030/05-05-2020 REG 8,707 8,707
ADVOCATE HLTH & 3.387% DUE 10-15-2049 7,134 7,134
AEP TEX INC 5.4% DUE 06-01-2033 29,745 29,745
AEP TEX INC SR NT SER J 3.45% 05-15-2051 13,284 13,284
AEP TRANSMISSION CO LLC 5.4% DUE 03-15-2053 28,618 28,618
AETNA INC NEW 4.75% DUE 03-15-2044 8,279 8,279
AFLAC INC 1.125% DUE 03-15-2026 9,589 9,589
AFLAC INC 4.75% DUE 01-15-2049 10,522 10,522
AFLAC INC FIXED 3.6% DUE 04-01-2030 9,391 9,391
AGCO CORP 5.8% 03-21-2034 70,374 70,374
AGCO CORP DEL 5.45% 03-21-2027 20,188 20,188
AGILENT TECHNOLOGIES INC 4.2% 09-09-2027 9,879 9,879
AGILENT TECHNOLOGIES INC 4.75% 09-09-2034 9,507 9,507
AGILENT TECHNOLOGIES INC SR NT 2.3% 03-12-2031 8,476 8,476
AIR LEASE CORP 5.1% 03-01-2029 15,029 15,029
AIR LEASE CORP 5.3% 06-25-2026 20,129 20,129
AIR LEASE CORP MED FIXED 5.3% DUE 02-01-2028 15,126 15,126
AIR LEASE CORP MTN 5.2% 07-15-2031 9,879 9,879
AIR PRODS & CHEMS INC 4.75% 02-08-2031 29,809 29,809
ALEXANDRIA REAL 4.7% DUE 07-01-2030 14,627 14,627
ALEXANDRIA REAL 4.9% DUE 12-15-2030 9,845 9,845
ALEXANDRIA REAL ESTATE EQUITIES INC 5.25% 05-15-2036 14,561 14,561
ALEXANDRIA REAL ESTATE EQUITIES INC 5.625% 05-15-2054 14,382 14,382
ALLEGHANY CORP DEL 3.625% DUE 05-15-2030 23,505 23,505
ALLSTATE CORP 3.85% DUE 08-10-2049 15,029 15,029
ALLSTATE CORP 5.25% DUE 03-30-2033 19,961 19,961
ALPHABET INC 1.1% DUE 08-15-2030 12,490 12,490
ALPHABET INC 1.9% DUE 08-15-2040 6,540 6,540
ALPHABET INC 2.05% 08-15-2050 13,874 13,874
ALPHABET INC FIXED .8% DUE 08-15-2027 13,723 13,723
AMAZON COM INC 1.0% DUE 05-12-2026 BEO 23,918 23,918
AMAZON COM INC 2.1% DUE 05-12-2031 BEO 17,081 17,081
AMAZON COM INC 3.15% DUE 08-22-2027 BEO 14,482 14,482
AMAZON COM INC 3.6% 04-13-2032 BEO 13,890 13,890
AMAZON COM INC 4.05% 08-22-2047 28,954 28,954
AMAZON COM INC 4.84% 12-01-2032 29,826 29,826
AMAZON COM INC FIXED 3.875% DUE 08-22-2037 17,670 17,670
AMAZON COM INC FIXED 4.25% DUE 08-22-2057 41,024 41,024
AMAZON COM INC FIXED 4.55% DUE 12-01-2027 30,182 30,182
AMAZON COM INC FIXED 4.65% DUE 12-01-2029 30,198 30,198
AMAZON COM INC NT 2.875% 05-12-2041 7,348 7,348
AMAZON COM INC NT 3.1% 05-12-2051 13,510 13,510
AMEREN CORP 1.95% 03-15-2027 9,399 9,399
AMEREN CORP 5.0% 01-15-2029 15,027 15,027
AMEREN ILL CO 4.95% 06-01-2033 14,726 14,726
AMEREN ILL CO 5.55% DUE 07-01-2054 14,806 14,806
AMERICAN ELEC PWR CO INC 5.2% 01-15-2029 15,111 15,111
AMERICAN ELEC PWR CO INC FIXED-TO-FIXED RESET RATE 7.05% 12-15-2054 10,338 10,338
AMERICAN ELEC PWR CO INC FXD TO FXD RESET JR SUB DEB 3.875% 02-15-2062 14,102 14,102
AMERICAN ELECTRIC POWER CO INC 5.625% DUE 03-01-2033 10,109 10,109
AMERICAN EXPRESS CO 2.55% DUE 03-04-2027BEO 23,936 23,936
AMERICAN EXPRESS CO 5.043% 07-26-2028 25,128 25,128
AMERICAN EXPRESS CO 5.282% 07-27-2029 15,167 15,167
AMERICAN EXPRESS CO 5.645% 04-23-2027 25,267 25,267
AMERICAN HONDA FIN 4.9% 01-10-2034 9,617 9,617
AMERICAN HONDA FIN CORP MED TERM NTS BOO5.125% 07-07-2028 15,102 15,102
AMERICAN HONDA FINANCE 5.05% 07-10-2031 14,844 14,844
AMERICAN HONDA FINANCE 4.4% 10-05-2026 29,873 29,873
AMERICAN INTERNATIONAL 5.125% 03-27-2033 9,892 9,892
AMERICAN TOWER CORP 5.2% 02-15-2029 25,145 25,145
AMERICAN TOWER CORP NEW 5.9% 11-15-2033 30,917 30,917
AMERICAN WATER CAPITAL CORP 4.45% DUE 06-01-2032 BEO 9,537 9,537
AMERICAN WATER CAPITAL CORP 5.15% 03-01-2034 19,854 19,854
AMERICAN WATER CAPITAL CORP 5.45% 03-01-2054 23,936 23,936
AMERICAN WTR CAP CORP 3.75% 09-01-2028 14,422 14,422
AMERN EXPRESS CO 5.519% DUE 07-26-2035 14,837 14,837
AMERN EXPRESS CO FIXED 5.532% 04-25-2030 15,279 15,279
AMERN EXPRESS CO FLTG RT 5.043% DUE 05-01-2034 24,570 24,570
AMERN HONDA FIN 4.4% DUE 09-05-2029 14,584 14,584
AMERN HONDA FIN CORP MED TERM NTS TRANCHE # TR 130 4.9% 07-09-2027 20,069 20,069
AMERN INTL GROUP 4.375% DUE 06-30-2050 20,689 20,689
AMERN INTL GROUP 4.75% DUE 04-01-2048 8,856 8,856
AMERN TOWER CORP 3.1% DUE 06-15-2050 9,634 9,634
AMERN TOWER CORP 3.125% DUE 01-15-2027 29,024 29,024
AMERN TOWER CORP 3.8% DUE 08-15-2029 14,211 14,211
AMGEN INC 2.2% DUE 02-21-2027 14,224 14,224
AMGEN INC 2.8% DUE 08-15-2041 BEO 10,453 10,453
AMGEN INC 3.35% 02-22-2032 8,913 8,913
AMGEN INC 3.375% 02-21-2050 6,845 6,845
AMGEN INC 4.663% DUE 06-15-2051 20,982 20,982
AMGEN INC 5.25% 03-02-2030 10,095 10,095
AMGEN INC 5.25% DUE 03-01-2033 29,792 29,792
AMGEN INC 5.507% 03-02-2026 25,000 25,000
AMGEN INC 5.6% DUE 03-01-2043 29,272 29,272
AMGEN INC 5.65% 03-02-2053 28,939 28,939
AMGEN INC 5.75% DUE 03-02-2063 28,868 28,868
AMGEN INC FIXED 5.15% 03-02-2028 45,324 45,324
AMPHENOL CORP 5.375% 11-15-2054 23,813 23,813
AMPHENOL CORP NEW 5% 01-15-2035 24,426 24,426
AMPHENOL CORP NEW 5.05% 04-05-2029 25,156 25,156
ANALOG DEVICES INC 1.7% 10-01-2028 8,976 8,976
ANALOG DEVICES INC 2.1% 10-01-2031 8,382 8,382
ANALOG DEVICES INC 2.8% DUE 10-01-2041/10-05-2021 BEO 7,083 7,083
ANALOG DEVICES INC 3.45% 06-15-2027 9,745 9,745
ANALOG DEVICES INC 5.05% DUE 04-01-2034 10,001 10,001
ANALOG DEVICES INC 5.3% 04-01-2054 9,542 9,542
ANTHEM INC 3.6% DUE 03-15-2051 6,973 6,973
ANTHEM INC 3.65% 12-01-2027 24,341 24,341
ANTHEM INC 4.55% 05-15-2052 16,164 16,164
AON CORP/AON GLOBAL HLDGS PLC 5.35% DUE 02-28-2033 9,963 9,963
AON CORP/AON GLOBAL HOLD AON 3.9% 02-28-2052 7,351 7,351
AON NORTH AMER INC 5.125% 03-01-2027 20,136 20,136
AON NORTH AMER INC 5.3% 03-01-2031 10,042 10,042
AON NORTH AMER INC 5.45% 03-01-2034 49,939 49,939
AON NORTH AMER INC 5.75% 03-01-2054 14,676 14,676
AON NORTH AMER INC FIXED 5.15% 03-01-2029 10,032 10,032
APPALACHIAN POWER CO 5.65% 04-01-2034 30,109 30,109
APPLE INC .7% DUE 02-08-2026 24,021 24,021
APPLE INC 1.65% DUE 02-08-2031 16,835 16,835
APPLE INC 2.05% DUE 09-11-2026 33,670 33,670
APPLE INC 2.375% DUE 02-08-2041 34,433 34,433
APPLE INC 2.65% 02-08-2051 12,355 12,355
APPLE INC 2.65% DUE 05-11-2050 REG 6,234 6,234
APPLE INC 2.9% DUE 09-12-2027 19,236 19,236
APPLE INC 3.25% 08-08-2029 9,449 9,449
APPLE INC 3.35% DUE 02-09-2027 24,497 24,497
APPLE INC 3.95% 08-08-2052 7,969 7,969
APPLE INC 4.0% 05-10-2028 29,539 29,539
APPLE INC 4.1% DUE 08-08-2062 BEO 15,995 15,995
APPLE INC 4.15% 05-10-2030 24,759 24,759
APPLE INC 4.25% DUE 02-09-2047 8,578 8,578
APPLE INC 4.3% 05-10-2033 29,292 29,292
APPLE INC 4.5% DUE 02-23-2036 9,763 9,763
APPLE INC 4.65% DUE 02-23-2046 22,913 22,913
APPLE INC 4.85% 05-10-2053 37,865 37,865
APPLE INC FIXED 3.75% 11-13-2047 19,666 19,666
APPLIED MATERIALS INC 2.75% DUE 06-01-2050 BEO 6,247 6,247
APPLIED MATERIALS INC 4.8% 06-15-2029 10,031 10,031
APPLIED MATLS INC 3.3% DUE 04-01-2027 9,744 9,744
APPLIED MATLS INC 4.35% DUE 04-01-2047 8,479 8,479
APPLIED MATLS INC 5.1% DUE 10-01-2035 10,010 10,010
APPLIED MATLS INC FIXED 1.75% DUE 06-01-2030 8,549 8,549
ARCHER DANIELS 3.25% DUE 03-27-2030 18,470 18,470
ARCHER DANIELS FIXED 2.9% DUE 03-01-2032 17,276 17,276
ARCHER-DANIELS 4.5% DUE 03-15-2049 16,862 16,862
ARES CAP CORP 2.15% DUE 07-15-2026 9,561 9,561
ARES CAP CORP 7.0% 01-15-2027 10,363 10,363
ARES CAP CORP SR NT 3.2% 11-15-2031 8,598 8,598
ARES CAPITAL CORP 5.875% 03-01-2029 10,088 10,088
ARTHUR J GALLAGHER & CO 5.45% 07-15-2034 10,066 10,066
ARTHUR J GALLAGHER & CO 6.75% 02-15-2054 11,091 11,091
ASCENSION 2.532% DUE 11-15-2029 8,986 8,986
ASCENSION 3.106% DUE 11-15-2039 7,579 7,579
ASCENSION HLTH 3.945% DUE 11-15-2046 7,984 7,984
AT&T INC 1.7% DUE 03-25-2026 BEO 28,917 28,917
AT&T INC 2.25% DUE 02-01-2032 24,812 24,812
AT&T INC 2.3% DUE 06-01-2027 23,592 23,592
AT&T INC 3.5% DUE 06-01-2041 15,340 15,340
AT&T INC 3.5% DUE 09-15-2053 REG 26,949 26,949
AT&T INC 3.55% DUE 09-15-2055 13,494 13,494
AT&T INC 3.65% DUE 06-01-2051 7,070 7,070
AT&T INC 3.8% 12-01-2057 76,048 76,048
AT&T INC 4.35% DUE 03-01-2029 39,154 39,154
AT&T INC 4.5% DUE 03-09-2048 28,933 28,933
AT&T INC 4.85% DUE 03-01-2039 13,875 13,875
AT&T INC 5.4% 02-15-2034 50,189 50,189
AT&T INC FIXED 3.1% DUE 02-01-2043 18,001 18,001
AT&T INC FIXED 4.1% 02-15-2028 19,576 19,576
AT&T INC FIXED 5.15% DUE 11-15-2046 9,187 9,187
ATHENE HLDG LTD 5.875% 01-15-2034 10,151 10,151
ATHENE HLDG LTD 6.25% 04-01-2054 10,044 10,044
ATHENE HLDG LTD 6.65% 02-01-2033 10,601 10,601
ATHENE HLDG LTD FIXED 6.15% 04-03-2030 10,386 10,386
ATMOS ENERGY CORP 5.0% 12-15-2054 9,038 9,038
ATMOS ENERGY CORP 5.9% 11-15-2033 15,716 15,716
ATMOS ENERGY CORP 6.2% 11-15-2053 21,343 21,343
AUTOZONE INC 5.05% 07-15-2026 15,084 15,084
AUTOZONE INC 5.1% 07-15-2029 15,086 15,086
AUTOZONE INC 5.4% 07-15-2034 14,915 14,915
AVALONBAY CMNTYS 5.35% 06-01-2034 10,047 10,047
AVALONBAY CMNTYS INC MEDIUM TERM NTS 2.3% DUE 03-01-2030 8,797 8,797
AVALONBAY CMNTYS INC SR NT 2.05% 01-15-2032 8,281 8,281
BAKER HUGHES A GE CO LLC/BAKER HUGHES 3.337% 12-15-2027 9,641 9,641
BAKER HUGHES A GE CO LLC/BAKER HUGHES 4.08% 12-15-2047 11,808 11,808
BAKER HUGHES HLDGS LLC / BAKER HUGHES CO-OBLIGOR INC 4.486% DUE 05-01-2030 R 9,794 9,794
BALTIMORE GAS & ELEC CO NT 5.65% 06-01-2054 49,401 49,401
BANK AMER CORP 1.898% DUE 07-23-2031 21,026 21,026
BANK AMER CORP 2.496% 02-13-2031 21,979 21,979
BANK AMER CORP 2.572% DUE 10-20-2032 BEO 12,666 12,666
BANK AMER CORP 2.592% DUE 04-29-2031 22,026 22,026
BANK AMER CORP 2.687% DUE 04-22-2032 51,598 51,598
BANK AMER CORP 2.972% DUE 07-21-2052 BEO 9,554 9,554
BANK AMER CORP 3.311% DUE 04-22-2042 18,713 18,713
BANK AMER CORP 3.419% 12-20-2028 28,752 28,752
BANK AMER CORP 4.083% 03-20-2051 35,291 35,291
BANK AMER CORP 4.376% 04-27-2028 9,893 9,893
BANK AMER CORP 5.015% DUE 07-22-2033/01-22-2023 BEO 24,511 24,511
BANK AMER CORP 5.819% 09-15-2029 71,741 71,741
BANK NEW YORK MELLON CORP 4.89% 07-21-2028 20,079 20,079
BANK NEW YORK MELLON CORP 4.947% DUE 04-26-2027 25,108 25,108
BANK NEW YORK MELLON CORP 4.975% 03-14-2030 20,025 20,025
BANK OF AMERICA CORP 1.734% 07-22-2027 38,136 38,136
BANK OF AMERICA CORP 4.571% 04-27-2033 23,771 23,771
BANK OF AMERICA CORP 4.948% 07-22-2028 70,135 70,135
BANK OF AMERICA CORP 5.425% 08-15-2035 14,640 14,640
BANK OF AMERICA CORPORATION 1.658% 03-11-2027 72,267 72,267
BANK OF AMERICA CORPORATION 2.551% 02-04-2028 28,606 28,606
BANK OF AMERICA CORPORATION 2.676% DUE 06-19-2041/06-19-2020 REG 20,860 20,860
BANK OF AMERICA CORPORATION 4.078% 04-23-2040 12,762 12,762
BANK OF AMERICA CORPORATION 4.244% 04-24-2038 13,353 13,353
BANK OF AMERICA CORPORATION 4.33% 03-15-2050 12,296 12,296
BANK OF AMERICA CORPORATION 4.443%01-20-2048 12,649 12,649
BANK OF AMERICA CORPORATION 5.08% DUE 01-20-2027 30,086 30,086
BANK OF AMERICA CORPORATION 5.202% 04-25-2029 25,116 25,116
BANK OF AMERICA CORPORATION 5.288% 04-25-2034 24,831 24,831
BANK OF AMERICA CORPORATION 5.468% 01-23-2035 45,061 45,061
BANK OF AMERICA CORPORATION 5.872% 09-15-2034 51,347 51,347
BANK OF NY MELLON CORP 4.543% DUE 02-01-2029 19,846 19,846
BANK OF NY MELLON CORP 5.06% 07-22-2032 24,949 24,949
BAXTER INTERNATIONAL INC 2.272% 12-01-2028 BEO 9,013 9,013
BAXTER INTERNATIONAL INC 3.132% 12-01-2051 31,083 31,083
BAXTER INTL INC 2.6% DUE 08-15-2026 9,666 9,666
BAXTER INTL INC 3.95% 04-01-2030 9,449 9,449
BAXTER INTL INC FIXED 1.915% DUE 02-01-2027 9,425 9,425
BECTON DICKINSON & CO 4.874% 02-08-2029 24,929 24,929
BECTON DICKINSON & FIXED 3.794% DUE 05-20-2050 18,483 18,483
BK NEW YORK MELLON FLTG RT 5.606% DUE 07-21-2039 20,127 20,127
BK NEW YORK MELLON VAR RT 6.474% DUE 10-25-2034 16,205 16,205
BLACKROCK FUNDING INC 5.0% 03-14-2034 29,651 29,651
BLACKROCK FUNDING INC 5.25% 03-14-2054 28,386 28,386
BLACKROCK FUNDING INC. 4.6% 07-26-2027 25,061 25,061
BLUE OWL CAP CORP 5.95% 03-15-2029 25,098 25,098
BLUE OWL CAP CORP NT 2.625% 01-15-2027 23,608 23,608
BLUE OWL CR INCOME CORP NT 7.75% 09-16-2027 10,499 10,499
BLUE OWL CR INCOME CORP SR NT 6.65% 03-15-2031 10,180 10,180
BOEING CO 3.25% DUE 02-01-2035 7,978 7,978
BOEING CO 5.93% DUE 05-01-2060 18,535 18,535
BOEING CO 6.259% 05-01-2027 102,381 102,381
BOEING CO 6.858% 05-01-2054 15,974 15,974
BOEING CO FIXED 2.196% DUE 02-04-2026 33,941 33,941
BOEING CO FIXED 3.95% DUE 08-01-2059 6,635 6,635
BOEING CO FIXED 5.15% DUE 05-01-2030 24,640 24,640
BOEING CO FIXED 5.705% DUE 05-01-2040 23,806 23,806
BOEING CO FIXED 5.805% DUE 05-01-2050 46,413 46,413
BOEING CO SR NT 6.528% 05-01-2034 31,438 31,438
BOOKING HLDGS INC FIXED 4.625% DUE 04-13-2030 9,907 9,907
BOSTON PPTYS LTD PARTNERSHIP 4.5% DUE 12-01-2028 14,599 14,599
BOSTON PPTYS LTD PARTNERSHIP 5.75% 01-15-2035 9,806 9,806
BOSTON PPTYS LTD PARTNERSHIP 6.5% 01-15-2034 15,722 15,722
BP CAP MKTS AMER INC 3.001% DUE 03-17-2052 BEO 18,759 18,759
BP CAP MKTS AMER INC 4.812% DUE 02-13-2033 28,950 28,950
BP CAP MKTS AMER INC 4.893% 09-11-2033 48,379 48,379
BP CAP MKTS AMER INC 4.97% 10-17-2029 30,133 30,133
BP CAP MKTS AMER INC 5.017% 11-17-2027 50,543 50,543
BRISTOL MYERS FIXED 4.25% DUE 10-26-2049 16,186 16,186
BRISTOL MYERS FIXED 4.35% DUE 11-15-2047 16,530 16,530
BRISTOL MYERS SQUIBB CO 4.9% 02-22-2027 20,167 20,167
BRISTOL MYERS SQUIBB CO 5.5% 02-22-2044 9,943 9,943
BRISTOL MYERS SQUIBB CO 5.55% 02-22-2054 33,963 33,963
BRISTOL MYERS SQUIBB CO 5.875% 02-22-2064 19,293 19,293
BRISTOL-MYERS SQUIBB CO 3.7% 03-15-2052 14,580 14,580
BRISTOL-MYERS SQUIBB CO 4.9% 02-22-2029 25,110 25,110
BRISTOL-MYERS SQUIBB CO 4.95% 02-20-2026 40,195 40,195
BRISTOL-MYERS SQUIBB CO 5.1% 02-22-2031 40,297 40,297
BRISTOL-MYERS SQUIBB CO 5.2% 02-22-2034 24,976 24,976
BRIXMOR OPER 3.9% DUE 03-15-2027 9,794 9,794
BRIXMOR OPER 4.05% DUE 07-01-2030 9,457 9,457
BRIXMOR OPERATING PARTNERSHIP LP 5.75% 02-15-2035 10,081 10,081
BROADCOM INC 4.15% 02-15-2028 49,168 49,168
BROADCOM INC 4.55% 02-15-2032 29,002 29,002
BROADCOM INC 4.641% 02-15-2030 19,460 19,460
BROADCOM INC 4.8% 10-15-2034 48,255 48,255
BROADCOM INC 5.05% 07-12-2027 25,229 25,229
BROADCOM INC SR NT 5.15% 11-15-2031 40,280 40,280
BSTN PPTYS LTD 6.75% DUE 12-01-2027 10,432 10,432
BSTN SCIENTIFIC 4% 03-01-2028 9,749 9,749
BSTN SCIENTIFIC 4.7% DUE 03-01-2049 8,793 8,793
BUNGE LTD FIN CORP 4.1% 01-07-2028 29,384 29,384
CAMDEN PPTY TR 5.85% 11-03-2026 25,502 25,502
CAMPBELL SOUP CO 5.3% 03-20-2026 25,170 25,170
CAP 1 FINL CORP 7.149% DUE 10-29-2027 25,943 25,943
CAPITAL ONE FINANCIAL CORP 5.468% DUE 02-01-2029 25,172 25,172
CAPITAL ONE FINANCIAL CORP 6.312% 06-08-2029 20,656 20,656
CAPITAL ONE FINANCIAL CORP 6.377% 06-08-2034 15,581 15,581
CAPITAL ONE FINL CORP 5.463% 07-26-2030 25,074 25,074
CAPITAL ONE FINL CORP 5.884% 07-26-2035 10,061 10,061
CAPITAL ONE FINL CORP 6.051% 02-01-2035 20,326 20,326
CARDINAL HEALTH INC 5.125% 02-15-2029 15,022 15,022
CARDINAL HEALTH INC 5.45% 02-15-2034 9,966 9,966
CARDINAL HLTH INC 4.368% DUE 06-15-2047 7,996 7,996
CARRIER GLOBAL CORP 2.722% 02-15-2030 22,358 22,358
CARRIER GLOBAL CORP 3.37% DUE 04-05-2040 19,327 19,327
CBRE SVCS INC 5.5% 04-01-2029 15,255 15,255
CBS CORP NEW 2.9% DUE 01-15-2027 9,568 9,568
CBS CORP NEW FIXED 4.2% DUE 06-01-2029 9,434 9,434
CDW LLC / CDW FIN CORP 5.55% 08-22-2034 9,885 9,885
CDW LLC/CDW FIN CORP 3.276% 12-01-2028 9,303 9,303
CDW LLC/CDW FIN CORP 5.1% 03-01-2030 9,846 9,846
CDW LLC/CDW FIN FIXED 2.67% DUE 12-01-2026 9,588 9,588
CDW LLC/CDW FIN FIXED 3.569% DUE 12-01-2031 8,900 8,900
CELANESE US HLDGS LLC 6.35% 11-15-2028 30,728 30,728
CENTENE CORP DEL 2.625% 08-01-2031 16,484 16,484
CENTENE CORP DEL 3% DUE 10-15-2030 17,262 17,262
CENTENE CORP DEL 3.375% DUE 02-15-2030/05-06-2020 REG 26,720 26,720
CENTENE CORP DEL FIXED 4.625% 12-15-2029 28,372 28,372
CENTENE CORP DEL SR NT 4.25% 12-15-2027 19,404 19,404
CENTERPOINT ENER HOUSTON 5.3% DUE 04-01-2053 23,643 23,643
CENTERPOINT ENERGY 5.4% DUE 03-01-2033 15,067 15,067
CENTERPOINT ENERGY INC 6.85% 02-15-2055 15,323 15,323
CENTERPOINT ENERGY RES CORP 5.25% 03-01-2028 30,285 30,285
CHARLES SCHWAB CORP 2.9% DUE 03-03-2032 BEO 25,822 25,822
CHARTER 6.384% DUE 10-23-2035 14,979 14,979
CHARTER 6.484% DUE 10-23-2045 18,915 18,915
CHARTER COMMUNICATIONS ENTMT I L P 3.5% 03-01-2042 20,405 20,405
CHARTER COMMUNICATIONS OPER LLC / SR SECD NT 5.25% 04-01-2053 28,291 28,291
CHARTER COMMUNICATIONS OPER LLC / SR SECD NT 5.5% 04-01-2063 23,912 23,912
CHARTER COMMUNICATIONS OPER LLC 6.15% 11-10-2026 10,194 10,194
CHARTER COMMUNICATIONS OPER LLC 6.55% 06-01-2034 30,695 30,695
CHARTER COMMUNICATIONS OPER LLC/CAP 06-01-2029 30,612 30,612
CHARTER COMMUNICATIONS OPER LLC/CHARTE 4.8% DUE 03-01-2050 15,055 15,055
CHENIERE ENERGY FIXED 2.25% DUE 01-31-2032 8,671 8,671
CHENIERE ENERGY FIXED 4% DUE 03-01-2031 9,253 9,253
CHENIERE ENERGY FIXED 4.5% DUE 10-01-2029 9,682 9,682
CHENIERE ENERGY PARTNERS LP 5.95% 06-30-2033 10,243 10,243
CHEVRON CORP NEW 1.995% DUE 05-11-2027 9,453 9,453
CHEVRON CORP NEW 2.236% DUE 05-11-2030 8,812 8,812
CHEVRON CORP NEW 2.954% DUE 05-16-2026 9,806 9,806
CHEVRON CORP NEW FIXED 3.078% DUE 05-11-2050 9,943 9,943
CHEVRON U S A INC 3.25% 10-15-2029 9,409 9,409
CHUBB INA HLDGS INC 1.375% 09-15-2030 8,306 8,306
CHUBB INA HLDGS INC 5.0% 03-15-2034 29,653 29,653
CHUBB INA HOLDINGS INC 3.05% DUE 12-15-2061 9,129 9,129
CHUBB INA HOLDINGS LLC 4.65% 08-15-2029 9,965 9,965
CHURCH & DWIGHT CO INC 5.6% DUE 11-15-2032 15,462 15,462
CIGNA CORP NEW 3.4% DUE 03-01-2027 BEO 9,723 9,723
CIGNA GROUP 5.0% 05-15-2029 49,971 49,971
CIGNA GROUP 5.125% 05-15-2031 14,927 14,927
CIGNA GROUP 5.25% 02-15-2034 19,620 19,620
CIGNA GROUP 5.6% 02-15-2054 37,511 37,511
CIGNA GROUP SR NT 3.4% 03-15-2051 6,533 6,533
CINTAS CORP NO 2 3.7% DUE 04-01-2027 9,801 9,801
CINTAS CORP NO 2 FIXED 4% DUE 05-01-2032 9,360 9,360
CISCO SYS INC 4.8% 02-26-2027 25,181 25,181
CISCO SYS INC 4.85% 02-26-2029 20,126 20,126
CISCO SYS INC 4.95% 02-26-2031 15,049 15,049
CISCO SYS INC 5.05% 02-26-2034 24,936 24,936
CISCO SYS INC 5.3% 02-26-2054 19,455 19,455
CISCO SYSTEMS INC 4.9% 02-26-2026 30,188 30,188
CISCO SYSTEMS INC 5.35% 02-26-2064 9,598 9,598
CITIGROUP INC 1.122% DUE 01-28-2027 48,016 48,016
CITIGROUP INC 1.462% DUE 06-09-2027 BEO 57,127 57,127
CITIGROUP INC 2.572% 06-03-2031 17,438 17,438
CITIGROUP INC 2.904% 11-03-2042 21,034 21,034
CITIGROUP INC 3.668% 07-24-2028 24,216 24,216
CITIGROUP INC 3.785% 03-17-2033 26,941 26,941
CITIGROUP INC 3.887% 01-10-2028 24,508 24,508
CITIGROUP INC 4.075% 04-23-2029 33,953 33,953
CITIGROUP INC 4.542% 09-19-2030 29,156 29,156
CITIGROUP INC 4.65% DUE 07-23-2048 25,749 25,749
CITIGROUP INC 5.174% 02-13-2030 24,976 24,976
CITIGROUP INC 5.411% 09-19-2039 28,609 28,609
CITIGROUP INC 5.449% 06-11-2035 29,759 29,759
CITIGROUP INC 5.827% 02-13-2035 34,879 34,879
CITIGROUP INC 6.27% 11-17-2033 31,445 31,445
CITIGROUP INC FLTG RT 4.412% DUE 03-31-2031 24,030 24,030
CITIGROUP INC NEW 2.976% 11-05-2030 13,533 13,533
CITIGROUP INC NT 3.07% 02-24-2028 38,462 38,462
CITIGROUP INC SR NT 3.057% 01-25-2033 30,073 30,073
CITIZENS FINANCIAL GROUP 5.841% 01-23-2030 15,231 15,231
CITIZENS FINL 2.85% DUE 07-27-2026 9,666 9,666
CITIZENS FINL GROUP INC 2.638% DUE 09-30-2032 8,038 8,038
CITIZENS FINL GROUP INC 5.967% 07-23-2032 15,056 15,056
CMS ENERGY CORP 3.45% 08-15-2027 9,678 9,678
CNA FINL CORP 3.9% 05-01-2029 23,932 23,932
CNA FINL CORP 5.125% 02-15-2034 24,552 24,552
CNH INDL CAP LLC 4.55% 04-10-2028 9,863 9,863
CNH INDL CAP LLC 5.1% 04-20-2029 60,008 60,008
CNH INDL CAP LLC 5.5% 01-12-2029 10,143 10,143
CNH INDL CAP LLC FIXED 1.45% DUE 07-15-2026 9,509 9,509
CNH INDL N V FIXED 3.85% DUE 11-15-2027 9,767 9,767
CNH INDUSTRIAL CAPITAL LLC 1.875% 01-15-2026 9,694 9,694
COCA COLA CO 1.0% 03-15-2028 13,451 13,451
COCA COLA CO 1.45% DUE 06-01-2027 18,670 18,670
COCA COLA CO 1.65% DUE 06-01-2030 12,791 12,791
COCA COLA CO 2.25% DUE 01-05-2032 BEO 12,779 12,779
COCA COLA CO 3.45% DUE 03-25-2030 9,435 9,435
COCA COLA CO 5.0% 05-13-2034 10,005 10,005
COCA COLA CO 5.3% 05-13-2054 14,494 14,494
COCA COLA CO 5.4% 05-13-2064 19,280 19,280
COCA COLA CONS INC 5.45% 06-01-2034 30,216 30,216
COCA-COLA CO/THE 5.2% 01-14-2055 19,019 19,019
COLGATE-PALMOLIVE CO 3.25% DUE 08-15-2032 REG 17,979 17,979
COMCAST CORP 4.7% 10-15-2048 25,773 25,773
COMCAST CORP 4.8% 05-15-2033 24,292 24,292
COMCAST CORP 5.35% DUE 11-15-2027 BEO 25,487 25,487
COMCAST CORP 5.5% DUE 05-15-2064 46,711 46,711
COMCAST CORP NEW 2.887% 11-01-2051 BEO 15,065 15,065
COMCAST CORP NEW 2.937% 11-01-2056 14,604 14,604
COMCAST CORP NEW 3.3% DUE 02-01-2027 24,333 24,333
COMCAST CORP NEW 3.75% DUE 04-01-2040 24,152 24,152
COMCAST CORP NEW 4.15% DUE 10-15-2028 29,262 29,262
COMCAST CORP NEW 5.1% 06-01-2029 30,319 30,319
COMCAST CORP NEW 5.3% 06-01-2034 49,994 49,994
COMCAST CORP NEW 5.65% 06-01-2054 33,875 33,875
COMCAST CORP NEW ISSUE GREEN 10YR 4.65%02-15-2033 24,153 24,153
COMMONSPIRIT HEALTH 5.318% 12-01-2034 49,483 49,483
COMMONWEALTH EDISON CO 1ST MTG BD SER 130 3.125% 03-15-2051 12,977 12,977
CONAGRA BRANDS INC 1.375% DUE 11-01-2027 9,080 9,080
CONAGRA BRANDS INC 4.85% DUE 11-01-2028 9,940 9,940
CONAGRA BRANDS INC 5.3% 10-01-2026 10,101 10,101
CONAGRA BRANDS INC 5.4% 11-01-2048 9,084 9,084
CONAGRA BRANDS INC FIXED 5.3% 11-01-2038 9,422 9,422
CONCENTRIX CORP 6.65% 08-02-2026 25,427 25,427
CONNECTICUT LIGHT & POWER CO 5.25% 01-15-2053 28,372 28,372
CONOCOPHILLIPS 5.3% 05-15-2053 18,523 18,523
CONOCOPHILLIPS CO 5.05% 09-15-2033 39,488 39,488
CONOCOPHILLIPS CO 5.7% 09-15-2063 14,407 14,407
CONOCOPHILLIPS CO FIXED 3.758% DUE 03-15-2042 19,718 19,718
CONOCOPHILLIPS COMPANY 5.0% 01-15-2035 24,272 24,272
CONS EDISON CO N Y 4% 11-15-2057 18,405 18,405
CONS EDISON CO N Y FIXED 5.2% 03-01-2033 15,012 15,012
CONSOLIDATED EDISON CO N Y INC 5.375% 05-15-2034 25,286 25,286
CONSOLIDATED EDISON CO N Y INC 5.7% 05-15-2054 24,907 24,907
CONSOLIDATED EDISON CO N Y INC 5.9% 11-15-2053 10,146 10,146
CONSOLIDATED EDISON CO N Y INC DEB SER 2021 B 3.6% 06-15-2061 6,803 6,803
CONSTELLATION 3.7% DUE 12-06-2026 9,827 9,827
CONSTELLATION BRANDS INC 3.5% DUE 05-09-2027 REG 9,720 9,720
CONSTELLATION BRANDS INC 3.75% DUE 05-01-2050/04-27-2020 REG 11,015 11,015
CONSTELLATION BRANDS INC 4.8% 01-15-2029 14,908 14,908
CONSTELLATION BRANDS INC 4.9% 05-01-2033 14,493 14,493
CONSUMERS ENERGY 3.5% DUE 08-01-2051 10,933 10,933
CONSUMERS ENERGY 4.35% DUE 04-15-2049 16,641 16,641
CONSUMERS ENERGY CO 4.625% 05-15-2033 9,648 9,648
CONSUMERS ENERGY CO 4.7% 01-15-2030 19,861 19,861
COREBRIDGE FINL 6.375% 09-15-2054 24,863 24,863
CORNING INC 5.35% DUE 11-15-2048 23,411 23,411
CORNING INC 5.45% DUE 11-15-2079 22,642 22,642
CORPORATE OFFICE PPTYS L P GTD SR NT 2.75% 04-15-2031 21,338 21,338
COSTCO WHOLESALE CORP NEW 1.6% DUE 04-20-2030 REG 25,672 25,672
CROWN CASTLE INC 5.0% 01-11-2028 19,980 19,980
CROWN CASTLE INC 5.1% DUE 05-01-2033 24,363 24,363
CROWN CASTLE INC 5.2% 09-01-2029 24,732 24,732
CROWN CASTLE INC 5.2% 09-01-2034 24,370 24,370
CROWN CASTLE INTL CORP NEW 1.05% DUE 07-15-2026 REG 18,896 18,896
CSX CORP 3.25% DUE 06-01-2027 14,529 14,529
CSX CORP 4.1% DUE 11-15-2032 9,361 9,361
CSX CORP 4.25% DUE 03-15-2029 14,685 14,685
CSX CORP 4.5% 11-15-2052 12,670 12,670
CSX CORP 4.9% 03-15-2055 17,923 17,923
CSX CORP 5.2% 11-15-2033 25,049 25,049
CSX CORP FIXED 4.3% DUE 03-01-2048 12,367 12,367
CSX CORP FIXED 4.65% DUE 03-01-2068 16,370 16,370
CUMMINS INC 5.15% 02-20-2034 10,008 10,008
CUMMINS INC 5.45% 02-20-2054 9,746 9,746
CVS HEALTH CORP 1.3% DUE 08-21-2027 REG 13,593 13,593
CVS HEALTH CORP 4.78% DUE 03-25-2038 43,240 43,240
CVS HEALTH CORP 5.05% DUE 03-25-2048 41,236 41,236
CVS HEALTH CORP 5.125% 02-21-2030 9,791 9,791
CVS HEALTH CORP 5.4% 06-01-2029 50,023 50,023
CVS HEALTH CORP 5.55% 06-01-2031 49,635 49,635
CVS HEALTH CORP 6.0% 06-01-2044 18,927 18,927
CVS HLTH CORP CDR FIXED 5% DUE 02-20-2026 19,982 19,982
CVS HLTH FIXED 6.05% 06-01-2054 32,924 32,924
DANAHER CORP SR NT 2.8% 12-10-2051 12,355 12,355
DELL INTL L L C / EMC CORP FIRST LIEN NT5.3% 10-01-2029 25,244 25,244
DELL INTL L L C / EMC CORP SR NT 3.375% 12-15-2041 7,363 7,363
DELL INTL L L C / EMC CORP SR NT 3.45% 12-15-2051 6,795 6,795
DELL INTL L L C/EMC CORP 4.9% DUE 10-01-2026 10,029 10,029
DELL INTL L L C/EMC CORP 5.4% 04-15-2034 24,946 24,946
DELL INTL L L C/EMC CORP 5.75% 02-01-2033 10,275 10,275
DELL INTL L L C/EMC CORP 6.02% DUE 06-15-2026 10,144 10,144
DELL INTL L L C/EMC CORP 8.35% 07-15-2046 12,751 12,751
DELL INTL L L C/FIXED 5.25% DUE 02-01-2028 10,120 10,120
DELTA AIR LINES INC DEL 2.0% 12-10-2029 REG 10,093 10,093
DEVON ENERGY CORP 5.75% 09-15-2054 13,637 13,637
DEVON ENERGY CORP NEW 4.5% 1-15-2030 BEO 14,514 14,514
DEVON ENERGY CORPORATION 5.2% 09-15-2034 9,502 9,502
DH EUROPE FIN II S 3.4% DUE 11-15-2049 17,716 17,716
DIAMONDBACK ENERGY INC 5.15% 01-30-2030 10,019 10,019
DIAMONDBACK ENERGY INC 5.2% 04-18-2027 10,098 10,098
DIAMONDBACK ENERGY INC 5.4% 04-18-2034 9,842 9,842
DIAMONDBACK ENERGY INC 5.75% 04-18-2054 14,104 14,104
DIAMONDBACK ENERGY INC 5.9% 04-18-2064 9,390 9,390
DIAMONDBACK ENERGY INC 6.25% 03-15-2033 10,400 10,400
DISCOVERY 3.625% DUE 05-15-2030 8,895 8,895
DISCOVERY 3.95% DUE 03-20-2028 9,469 9,469
DISCOVERY COMMUNICATIONS LLC 5.0% DUE 09-20-2037/09-21-2017 8,313 8,313
DISNEY WALT CO 2.2% DUE 01-13-2028 REG 18,677 18,677
DISNEY WALT CO 2.65% DUE 01-13-2031 17,708 17,708
DISNEY WALT CO 3.375% DUE 11-15-2026 19,580 19,580
DISNEY WALT CO 3.5% DUE 05-13-2040 REG 20,064 20,064
DISNEY WALT CO 3.6% DUE 01-13-2051 REG 29,466 29,466
DISNEY WALT CO 4.7% DUE 03-23-2050 22,212 22,212
DISNEY WALT CO SR NT 6.2% 12-15-2034 32,676 32,676
DOLLAR GEN CORP NEW 3.5% DUE 04-03-2030/04-03-2020 REG 18,341 18,341
DOLLAR GENERAL CORP 5.45% 07-05-2033 14,733 14,733
DOMINION ENERGY FIXED 1.45% DUE 04-15-2026 14,387 14,387
DOMINION ENERGY INC 3.3% DUE 04-15-2041 11,056 11,056
DOMINION ENERGY INC 5.375% DUE 11-15-2032 BEO 15,041 15,041
DOMINION ENERGY INC 6.875% 02-01-2055 31,090 31,090
DOMINION ENERGY INC 7.0% 06-01-2054 21,120 21,120
DOW CHEMICAL CO 3.6% 11-15-2050 27,510 27,510
DOW CHEMICAL CO 4.8% DUE 11-30-2028 14,916 14,916
DOW CHEMICAL CO 5.15% 02-15-2034 19,562 19,562
DOW CHEMICAL CO 5.6% 02-15-2054 9,467 9,467
DOW CHEMICAL CO 6.3% DUE 03-15-2033 BEO 10,615 10,615
DOWDUPONT INC 4.725% DUE 11-15-2028 19,901 19,901
DOWDUPONT INC 5.319% DUE 11-15-2038 10,033 10,033
DOWDUPONT INC 5.419% DUE 11-15-2048 14,954 14,954
DTE ELEC CO 5.4% DUE 04-01-2053 24,281 24,281
DTE ELEC CO 5.2% DUE 04-01-2033 9,993 9,993
DTE ENERGY CO 4.95% 07-01-2027 15,055 15,055
DTE ENERGY CO 5.1% 03-01-2029 20,044 20,044
DTE ENERGY CO 5.85% 06-01-2034 10,268 10,268
DUKE ENERGY 3.2% DUE 08-15-2049 20,014 20,014
DUKE ENERGY 4% DUE 04-01-2052 19,135 19,135
DUKE ENERGY CAROLINAS LLC 5.4% DUE 01-15-2054 14,436 14,436
DUKE ENERGY CORP 5% DUE 08-15-2052 13,111 13,111
DUKE ENERGY CORP 5.45% 06-15-2034 49,872 49,872
DUKE ENERGY CORP 5.8% 06-15-2054 48,750 48,750
DUKE ENERGY CORP 6.45% 09-01-2054 50,763 50,763
DUKE ENERGY CORP NEW 4.85% 01-05-2027 30,093 30,093
DUKE ENERGY CORP NEW 4.85% 01-05-2029 39,811 39,811
DUKE ENERGY CORP NEW 6.1% 09-15-2053 15,256 15,256
DUKE ENERGY CORP NEW SR NT 3.3% 06-15-2041 14,698 14,698
DUKE ENERGY FLA LLC 5.875% 11-15-2033 31,237 31,237
EASTMAN CHEM CO 5.0% 08-01-2029 29,928 29,928
EATON CORP 4.35% 05-18-2028 9,919 9,919
EATON CORP OHIO 3.915% 09-15-2047 7,819 7,819
EATON CORP OHIO 4.15% 03-15-2033 9,403 9,403
EATON CORP OHIO 4.7% 08-23-2052 8,814 8,814
EATON CORP OHIO FIXED 3.103% DUE 09-15-2027 9,629 9,629
EBAY INC 5.95% DUE 11-22-2027 30,993 30,993
EDISON INTL 5.45% 06-15-2029 30,284 30,284
ELEVANCE HEALTH INC 4.75% 02-15-2033 19,178 19,178
ELEVANCE HEALTH INC 5.15% 06-15-2029 20,116 20,116
ELEVANCE HEALTH INC 5.375% 06-15-2034 24,786 24,786
ELEVANCE HEALTH INC 5.65% 06-15-2054 23,993 23,993
ELI LILLY & CO 4.6% 08-14-2034 14,403 14,403
ELI LILLY AND COMPANY 4.7% 02-09-2034 9,694 9,694
ELI LILLY AND COMPANY 5.0% 02-09-2054 9,196 9,196
EMERSON ELEC CO 2.8% DUE 12-21-2051/12-21-2021 BEO 6,191 6,191
EMERSON ELEC CO FIXED 1.8% DUE 10-15-2027 9,290 9,290
EMERSON ELEC CO NT 2.2% 12-21-2031 8,406 8,406
EMERSON ELECTRIC CO NT 2% 12-21-2028 9,028 9,028
ENERGY TRANSFER 4.9% DUE 03-15-2035 9,419 9,419
ENERGY TRANSFER 6.25% DUE 04-15-2049 20,075 20,075
ENERGY TRANSFER FIXED 6.125% DUE 12-15-2045 24,703 24,703
ENERGY TRANSFER L P 5.6% 09-01-2034 29,974 29,974
ENERGY TRANSFER L P 6.05% 09-01-2054 19,574 19,574
ENERGY TRANSFER L P 6.4% 12-01-2030 10,567 10,567
ENERGY TRANSFER L P 6.55% 12-01-2033 15,969 15,969
ENERGY TRANSFER LP 5.25% 07-01-2029 30,142 30,142
ENERGY TRANSFER LP 5.55% DUE 02-15-2028 BEO 20,315 20,315
ENERGY TRANSFER PARTNERS L P 4.2% 04-15-2027 9,867 9,867
ENTERGY ARK LLC 2.65% DUE 06-15-2051 5,908 5,908
ENTERGY ARK LLC 5.15% DUE 01-15-2033 24,913 24,913
ENTERGY ARK LLC 5.75% 06-01-2054 29,714 29,714
ENTERGY CORP NEW 7.125% 12-01-2054 30,504 30,504
ENTERGY LA LLC 3.12% 09-01-2027 14,419 14,419
ENTERGY LA LLC 5.15% 09-15-2034 24,598 24,598
ENTERPRISE PRODS 2.8% DUE 01-31-2030 27,128 27,128
ENTERPRISE PRODS OPER LLC 4.6% 01-11-2027 15,002 15,002
ENTERPRISE PRODS OPER LLC 4.8% 02-01-2049 12,927 12,927
ENTERPRISE PRODS OPER LLC 4.85% 01-31-2034 9,675 9,675
ENTERPRISE PRODS OPER LLC 5.35% DUE 01-31-2033/01-10-2023 10,088 10,088
ENTERPRISE PRODS OPER LLC 5.55% 02-16-2055 28,908 28,908
ENTERPRISE PRODUCTS OPER L P 3.3% 02-15-2053 13,172 13,172
ENTERPRISE PRODUCTS OPER L P 4.95% 02-15-2035 29,047 29,047
EPR PPTYS 3.75% DUE 08-15-2029 23,156 23,156
EQUINIX EUROPE 2 FINANCING CORP LLC SR NT 5.5% 06-15-2034 10,030 10,030
EQUINIX INC 1.8% DUE 07-15-2027 9,294 9,294
EQUINIX INC 2.15% DUE 07-15-2030 8,607 8,607
EQUINIX INC 2.9% 11-18-2026 9,652 9,652
EQUINIX INC FIXED 3.2% 11-18-2029 9,192 9,192
EQUINIX INC SR NT 3.4% 02-15-2052 6,791 6,791
EQUINIX INC SR NT 3.9% 04-15-2032 9,216 9,216
ERP OPER LTD 3% DUE 07-01-2029 9,228 9,228
ERP OPER LTD 3.25% DUE 08-01-2027 9,627 9,627
ERP OPER LTD 4.5% DUE 06-01-2045 8,473 8,473
ERP OPER LTD PARTNERSHIP 4.65% 09-15-2034 9,490 9,490
ESSEX PORTFOLIO L 3% DUE 01-15-2030 9,044 9,044
ESSEX PORTFOLIO L FIXED 2.65% DUE 03-15-2032 8,433 8,433
ESSEX PORTFOLIO L P 5.5% 04-01-2034 10,007 10,007
ESTEE LAUDER COMPANIES INC 4.375% DUE 05-15-2028 9,872 9,872
ESTEE LAUDER COMPANIES INC 5.0% 02-14-2034 9,832 9,832
ESTEE LAUDER COMPANIES INC 5.15% 05-15-2053 9,394 9,394
EVERSOURCE ENERGY 5.125% DUE 05-15-2033 14,578 14,578
EVERSOURCE ENERGY 5.85% 04-15-2031 15,400 15,400
EVERSOURCE ENERGY 5.95% 02-01-2029 30,904 30,904
EVERSOURCE ENERGY 5.95% 07-15-2034 15,371 15,371
EXELON CORP 5.15% 03-15-2029 30,146 30,146
EXELON CORP 5.45% 03-15-2034 29,955 29,955
EXELON CORP 5.6% DUE 03-15-2053 14,459 14,459
EXELON CORP SR NT 2.75% 03-15-2027 19,154 19,154
EXPEDIA GROUP INC 3.25% DUE 02-15-2030 9,218 9,218
EXPEDIA INC FIXED 3.8% DUE 02-15-2028 9,660 9,660
EXTRA SPACE STORAGE INC 5.35% 01-15-2035 9,866 9,866
EXTRA SPACE STORAGE L P 5.9% 01-15-2031 10,317 10,317
EXTRA SPACE STORAGE L P SR NT 3.5% 07-01-2026 9,812 9,812
EXTRA SPACE STORAGE L P SR NT 3.875% 12-15-2027 24,431 24,431
EXTRA SPACE STORAGE LP 5.5% DUE 07-01-2030 10,172 10,172
EXXON MOBIL CORP 2.61% DUE 10-15-2030 26,732 26,732
EXXON MOBIL CORP 2.995% DUE 08-16-2039 37,822 37,822
EXXON MOBIL CORP FIXED 4.327% DUE 03-19-2050 24,705 24,705
FEDERAL RLTY INVT TR 3.5% DUE 06-01-2030 22,900 22,900
FEDEX CORP 3.4% DUE 02-15-2028 23,951 23,951
FEDEX CORP 4.05% DUE 02-15-2048 11,493 11,493
FEDEX CORP 4.55% DUE 04-01-2046 12,509 12,509
FEDEX CORP 5.25% DUE 05-15-2050 18,334 18,334
FEDEX CORP NT 3.25% 05-15-2041 10,966 10,966
FEDEX PASS THRU TR FIXED 1.875% DUE 08-20-2035 13,064 13,064
FID NATL 5.1% DUE 07-15-2032 9,942 9,942
FID NATL FINL INC 3.4% DUE 06-15-2030 22,677 22,677
FIDELITY NATIONAL 2.25% DUE 03-01-2031 8,479 8,479
FIDELITY NATIONAL INFORMATION SERVICES INC 1.15% 03-01-2026 9,592 9,592
FIDELITY NATL INFORMATION SVCS INC 3.75%05-21-2029 REG 9,476 9,476
FIDELITY NATL INFORMATION SVCS INC SR NT1.65% 03-01-2028 9,041 9,041
FIDELITY NATL INFORMATION SVCS INC SR NT3.1% 03-01-2041 7,269 7,269
FIFTH 3RD BANCORP FLTG RT 4.895% DUE 09-06-2030 9,863 9,863
FIFTH THIRD BANCORP 5.631% 01-29-2032 15,166 15,166
FIFTH THIRD BANCORP 6.339% 07-27-2029 10,374 10,374
FIFTH THIRD BANCORP 6.361% 10-27-2028 20,683 20,683
FISERV INC 3.2% DUE 07-01-2026 9,781 9,781
FISERV INC 4.4% DUE 07-01-2049 8,177 8,177
FISERV INC 4.75% 03-15-2030 49,423 49,423
FISERV INC 5.15% 08-12-2034 9,774 9,774
FISERV INC 5.15% 03-15-2027 10,079 10,079
FISERV INC 5.35% 03-15-2031 10,169 10,169
FLORIDA POWER & LIGHT COMPANY 2.875% 12-04-2051 9,392 9,392
FLORIDA POWER & LIGHT COMPANY 4.45% 05-15-2026 20,001 20,001
FLORIDA POWER & LIGHT COMPANY 5.6% 06-15-2054 29,995 29,995
FLORIDA PWR & LT CO 1ST MTG BD 5% 08-01-2034 14,910 14,910
FORD MTR CR CO LLC 5.303% 09-06-2029 195,960 195,960
FOX CORP 4.709% 01-25-2029 14,826 14,826
FOX CORP 5.476% DUE 01-25-2039 9,503 9,503
FOX CORP 5.576% DUE 01-25-2049 9,302 9,302
FOX CORP 6.5% 10-13-2033 10,541 10,541
FREEPORT-MCMORAN FIXED 4.375% DUE 08-01-2028 38,906 38,906
FS KKR CAP CORP 6.875% 08-15-2029 25,854 25,854
FS KKR CAPITAL CORP 3.25% 07-15-2027 23,712 23,712
GALLAGHER ARTHUR J & CO SR NT 3.5% 05-20-2051 6,888 6,888
GATX CORP 6.05% 03-15-2034 10,454 10,454
GATX CORP 6.05% 06-05-2054 10,258 10,258
GATX CORP 6.9% 05-01-2034 10,964 10,964
GATX CORP FIXED 4% DUE 06-30-2030 9,453 9,453
GATX CORP SR NT 5.4% 03-15-2027 10,113 10,113
GE HEALTHCARE TECHNOLOGIES INC 4.8% 08-14-2029 49,537 49,537
GEN DYNAMICS CORP 3.625% DUE 04-01-2030 28,334 28,334
GEN DYNAMICS CORP FIXED 4.25% DUE 04-01-2040 17,472 17,472
GENERAL DYNAMICS CORP NT 2.85% 06-01-2041 28,541 28,541
GENERAL ELEC CO 4.35% DUE 05-01-2050 REG 8,337 8,337
GENERAL MILLS INC 4.7% 01-30-2027 29,989 29,989
GENERAL MOTORS FINANCIAL CO INC 5.35% 07-15-2027 50,492 50,492
GENERAL MOTORS FINANCIAL CO INC 5.4% DUE04-06-2026 35,194 35,194
GENERAL MOTORS FINANCIAL CO INC 5.45% 09-06-2034 48,542 48,542
GENERAL MOTORS FINANCIAL CO INC 5.8% 01-07-2029 15,305 15,305
GENERAL MOTORS FINANCIAL CO INC 6.1% 01-07-2034 15,224 15,224
GENERAL MOTORS FINL CO 4.9% 10-06-2029 49,257 49,257
GENERAL MTRS CO 5.95% DUE 04-01-2049 14,188 14,188
GENERAL MTRS FINL CO INC 5.4% 05-08-2027 10,104 10,104
GENERAL MTRS FINL CO INC 5.6% 06-18-2031 15,072 15,072
GENERAL MTRS FINL CO INC 5.75% 02-08-2031 15,198 15,198
GENUINE PARTS CO 4.95% 08-15-2029 14,932 14,932
GEORGIA POWER CO 5.004% 02-23-2027 30,224 30,224
GEORGIA PWR CO 4.95% 05-17-2033 19,593 19,593
GEORGIA PWR CO 5.125% DUE 05-15-2052 BEO 27,888 27,888
GEORGIA PWR CO SR NT SER 2021A 3.25% 03-15-2051 10,128 10,128
GILEAD SCIENCES 1.2% DUE 10-01-2027 22,789 22,789
GILEAD SCIENCES 4% DUE 09-01-2036 22,072 22,072
GILEAD SCIENCES INC 2.6% DUE 10-01-2040 17,347 17,347
GILEAD SCIENCES INC 5.25% 10-15-2033 25,090 25,090
GILEAD SCIENCES INC 5.55% 10-15-2053 24,631 24,631
GLOBAL PAYMENTS INC 5.4% DUE 08-15-2032 BEO 30,005 30,005
GLOBAL PMTS INC 5.3% DUE 08-15-2029 15,027 15,027
GLP CAPITAL LP/FIN II 6.75% 12-01-2033 26,465 26,465
GOLDMAN SACHS 4.75% DUE 10-21-2045 26,575 26,575
GOLDMAN SACHS 5.851% 04-25-2035 25,485 25,485
GOLDMAN SACHS BK USA 5.414% 05-21-2027 65,507 65,507
GOLDMAN SACHS FIXED 2.615% 04-22-2032 25,577 25,577
GOLDMAN SACHS GROUP INC 3.436% 02-24-2043 29,795 29,795
GOLDMAN SACHS GROUP INC 1.431% 03-09-2027 23,999 23,999
GOLDMAN SACHS GROUP INC 1.542% 09-10-2027 23,642 23,642
GOLDMAN SACHS GROUP INC 1.948% 10-21-2027 23,719 23,719
GOLDMAN SACHS GROUP INC 2.383% 07-21-2032 20,862 20,862
GOLDMAN SACHS GROUP INC 2.64% DUE 02-24-2028 BEO 14,308 14,308
GOLDMAN SACHS GROUP INC 3.102% 02-24-2033 30,172 30,172
GOLDMAN SACHS GROUP INC 4.017% 10-31-2038 33,884 33,884
GOLDMAN SACHS GROUP INC 4.223% 05-01-2029 19,459 19,459
GOLDMAN SACHS GROUP INC 4.482% 08-23-2028 19,768 19,768
GOLDMAN SACHS GROUP INC 5.016% 10-23-2035 23,941 23,941
GOLDMAN SACHS GROUP INC 5.049% 07-23-2030 24,873 24,873
GOLDMAN SACHS GROUP INC 5.33% 07-23-2035 39,304 39,304
GOLDMAN SACHS GROUP INC 5.727% 04-25-2030 25,513 25,513
GOLDMAN SACHS GROUP INC 6.484% DUE 10-24-2029 26,189 26,189
GOLDMAN SACHS GROUP INC NT FXD/FLTG 3.615% 03-15-2028 29,178 29,178
HALLIBURTON CO 2.92% DUE 03-01-2030 13,508 13,508
HALLIBURTON CO 4.85% DUE 11-15-2035 14,261 14,261
HALLIBURTON CO 5% DUE 11-15-2045 13,405 13,405
HARTFORD FINL SVCS FIXED 2.8% DUE 08-19-2029 22,766 22,766
HARTFORD INS GROUP 3.6% DUE 08-19-2049 18,203 18,203
HCA INC 5.2% 06-01-2028 50,112 50,112
HCA INC 5.45% 09-15-2034 19,477 19,477
HCA INC 5.45% 04-01-2031 34,934 34,934
HCA INC 6.0% 04-01-2054 47,702 47,702
HCA INC 6.1% 04-01-2064 9,553 9,553
HCA INC SR SECD NT 3.125% 03-15-2027 28,866 28,866
HCA INC SR SECD NT 3.625% 03-15-2032 8,814 8,814
HEALTHPEAK PPTYS FIXED 3% DUE 01-15-2030 9,050 9,050
HEALTHPEAK PPTYS INC 1.35% 02-01-2027 9,321 9,321
HEALTHPEAK PPTYS INC 5.25% DUE 12-15-2032 9,932 9,932
HERSHEY CO 3.125% DUE 11-15-2049 16,644 16,644
HERSHEY COMPANY 4.5% DUE 05-04-2033 34,013 34,013
HESS CORP 4.3% DUE 04-01-2027 14,846 14,846
HESS CORP 5.8% DUE 04-01-2047 15,033 15,033
HEWLETT PACKARD 4.45% DUE 09-25-2026 24,872 24,872
HF SINCLAIR CORP SR NT 5% 02-01-2028 49,390 49,390
HOME DEPOT INC 3.3% DUE 04-15-2040 REG 11,697 11,697
HOME DEPOT INC 4.5% DUE 12-06-2048 17,105 17,105
HOME DEPOT INC 4.75% 06-25-2029 30,063 30,063
HOME DEPOT INC 4.875% 06-25-2027 30,288 30,288
HOME DEPOT INC 4.95% 06-25-2034 29,618 29,618
HOME DEPOT INC 4.95% 09-30-2026 30,248 30,248
HOME DEPOT INC 4.95% DUE 09-15-2052 BEO 18,238 18,238
HOME DEPOT INC 5.3% 06-25-2054 38,368 38,368
HOME DEPOT INC FIXED 4.85% 06-25-2031 29,996 29,996
HONEYWELL INTERNATIONAL 4.7% 02-01-2030 19,915 19,915
HONEYWELL INTERNATIONAL INC 4.95% 09-01-2031 50,028 50,028
HONEYWELL INTERNATIONAL INC 5.0% 03-01-2035 19,612 19,612
HONEYWELL INTERNATIONAL INC 5.25% 03-01-2054 18,763 18,763
HONEYWELL INTL INC 1.95% DUE 06-01-2030 43,161 43,161
HP ENTERPRISE CO 4.55% 10-15-2029 24,380 24,380
HP ENTERPRISE CO 5.0% 10-15-2034 24,045 24,045
HP INC 5.5% DUE 01-15-2033 25,235 25,235
HP INC FIXED 4.75% DUE 01-15-2028 24,965 24,965
HUMANA INC 1.35% 02-03-2027 9,299 9,299
HUMANA INC 5.375% 04-15-2031 14,879 14,879
HUMANA INC 5.5% 03-15-2053 8,939 8,939
HUMANA INC 5.75% 04-15-2054 13,923 13,923
HUMANA INC 5.95% 03-15-2034 10,071 10,071
HUMANA INC SR NT 5.75% 12-01-2028 25,457 25,457
HYATT HOTELS CORP 5.25% 06-30-2029 15,013 15,013
HYATT HOTELS CORP SR NT 5.375% 12-15-2031 24,882 24,882
IMB INTERNAT CAPITAL 4.6% 02-05-2027 100,044 100,044
IMB INTERNAT CAPITAL 4.9% 02-05-2034 97,196 97,196
INDIANA MICHIGAN POWER CO 5.625% 04-01-2053 9,758 9,758
INGERSOLL RAND INC 5.176% 06-15-2029 10,103 10,103
INGERSOLL RAND INC 5.197% 06-15-2027 10,117 10,117
INGERSOLL RAND INC 5.45% 06-15-2034 10,070 10,070
INGERSOLL RAND INC 5.7% DUE 08-14-2033 10,225 10,225
INGERSOLL RAND INC 5.7% 06-15-2054 9,829 9,829
INGERSOLL-RAND LUXEMBOURG FIN S A 3.8% 03-21-2029 9,596 9,596
INGERSOLL-RAND LUXEMBOURG FIN S A 4.5% 03-21-2049 8,588 8,588
INTEL CORP 3.734% 12-08-2047 BEO 6,602 6,602
INTEL CORP 4.75% DUE 03-25-2050 23,211 23,211
INTEL CORP 4.875% 02-10-2028 14,922 14,922
INTEL CORP 4.875% 02-10-2026 15,003 15,003
INTEL CORP 5.0% 02-21-2031 24,541 24,541
INTEL CORP 5.125% 02-10-2030 29,739 29,739
INTEL CORP 5.15% 02-21-2034 9,596 9,596
INTEL CORP 5.38% 02-10-2033 9,671 9,671
INTEL CORP 5.6% 02-21-2054 30,750 30,750
INTEL CORP 5.625% 02-10-2043 36,742 36,742
INTEL CORP 6.02% 02-10-2063 22,591 22,591
INTEL CORP FIXED 3.75% DUE 08-05-2027 19,397 19,397
INTERCONTINENTAL EXCHANGE INC 3.625% 09-01-2028 28,712 28,712
INTERCONTINENTAL EXCHANGE INC 1.85% DUE 09-15-2032 REG 7,916 7,916
INTERCONTINENTAL EXCHANGE INC 4.0% 09-15-2027 19,672 19,672
INTERCONTINENTAL EXCHANGE INC 4.6% 03-15-2033 9,582 9,582
INTERCONTINENTAL EXCHANGE INC 5.2% 06-15-2062 13,643 13,643
INTERCONTINENTAL EXCHANGE INC NEW ISSUE 30YR 4.95% 06-15-2052 26,816 26,816
INTERSTATE POWER& LIGHT CO 4.95% 09-30-2034 9,618 9,618
INTERSTATE PWR & LT CO 4.1% 09-26-2028 9,709 9,709
INTERSTATE PWR & LT CO 5.45% 09-30-2054 9,471 9,471
INTUIT INC 5.5% 09-15-2053 29,422 29,422
JBS USA HOLD/FOOD/LUX CO 6.75% 03-15-2034 10,585 10,585
JBS USA LUX S A 6.5% DUE 12-01-2052 40,689 40,689
JBS USA/FOOD/FINANCE 5.125% 02-01-2028 14,906 14,906
JBS USA/FOOD/FINANCE 5.75% 04-01-2033 19,888 19,888
JEFFERIES FINL GROUP INC 5.875% 07-21-2028 15,341 15,341
JEFFERIES FINL GROUP INC 6.2% 04-14-2034 20,628 20,628
JEFFERIES GROUP LLC / JEFFERIES 2.625% 10-15-2031 8,434 8,434
JOHNSON & JOHNSON 2.1% DUE 09-01-2040 REG 19,960 19,960
JOHNSON & JOHNSON 3.4% 01-15-2038 8,366 8,366
JOHNSON & JOHNSON 3.625% DUE 03-03-2037 8,675 8,675
JOHNSON & JOHNSON 4.8% DUE 06-01-2029 25,239 25,239
JOHNSON & JOHNSON 4.95% DUE 06-01-2034 20,005 20,005
JOHNSON & JOHNSON 5.25% 06-01-2054 19,571 19,571
JOHNSON AND JOHNSON 4.9% 06-01-2031 20,128 20,128
JOHNSON CTLS INTL PLC/TYCO FIRE & SEC F 4.9% DUE 12-01-2032 BEO 48,702 48,702
JPMORGAN CHASE & 5.581% DUE 04-22-2030 25,503 25,503
JPMORGAN CHASE & 6.087% DUE 10-23-2029 57,040 57,040
JPMORGAN CHASE & CO 1.47% 09-22-2027 37,842 37,842
JPMORGAN CHASE & CO 2.58% 04-22-2032 21,450 21,450
JPMORGAN CHASE & CO 2.963% 01-25-2033 25,933 25,933
JPMORGAN CHASE & CO 3.109% DUE 04-22-2041/10-22-2020 REG 25,970 25,970
JPMORGAN CHASE & CO 3.157% 04-22-2042 14,699 14,699
JPMORGAN CHASE & CO 3.328% 04-22-2052 27,450 27,450
JPMORGAN CHASE & CO 3.964% 11-15-2048 19,563 19,563
JPMORGAN CHASE & CO 4.005% 04-23-2029 24,243 24,243
JPMORGAN CHASE & CO 4.26% 02-22-2048 16,573 16,573
JPMORGAN CHASE & CO 4.505% 10-22-2028 24,779 24,779
JPMORGAN CHASE & CO 4.603% 10-22-2030 49,092 49,092
JPMORGAN CHASE & CO 4.912% DUE 07-25-2033/07-25-2032 BEO 39,099 39,099
JPMORGAN CHASE & CO 4.946% 10-22-2035 24,083 24,083
JPMORGAN CHASE & CO 4.979% 07-22-2028 75,251 75,251
JPMORGAN CHASE & CO 4.995% 07-22-2030 49,804 49,804
JPMORGAN CHASE & CO 5.04% 01-23-2028 60,218 60,218
JPMORGAN CHASE & CO 5.299% 07-24-2029 25,252 25,252
JPMORGAN CHASE & CO 5.53% 07-22-2035 39,573 39,573
JPMORGAN CHASE & CO 5.571% 04-22-2028 10,171 10,171
JPMORGAN CHASE & CO 5.766% 04-22-2035 51,159 51,159
JPMORGAN CHASE & CO NT FIXED TO FLTG RATE 1.578% 04-22-2027 38,395 38,395
JPMORGAN CHASE & CO. 2.739% 10-15-2030 22,519 22,519
JPMORGAN CHASE & CO. 5.336% 01-23-2035 39,817 39,817
JPMORGAN CHASE & CO. 5.35% 06-01-2034 40,018 40,018
JPMORGAN CHASE & CO. 5.717% DUE 09-14-2033 BEO 20,432 20,432
JPMORGAN CHASE & FLTG RT 2.525% DUE 11-19-2041 13,562 13,562
JPMORGAN CHASE & FLTG RT 6.254% DUE 10-23-2034 10,571 10,571
KAISER FNDTN HOSPS 2.81% DUE 06-01-2041 10,626 10,626
KAISER FNDTN HOSPS 3.002% DUE 06-01-2051REG 6,504 6,504
KAISER FNDTN HOSPS 3.15% DUE 05-01-2027 9,681 9,681
KAISER FNDTN HOSPS 3.266% DUE 11-01-2049 6,942 6,942
KAISER FNDTN HOSPS 4.15% DUE 05-01-2047 8,165 8,165
KELLANOVA 3.4% DUE 11-15-2027 9,651 9,651
KELLANOVA 4.3% DUE 05-15-2028 9,832 9,832
KELLANOVA SR NT 5.75% 05-16-2054 9,991 9,991
KELLOGG CO 5.25% DUE 03-01-2033 10,022 10,022
KENVUE INC 4.9% 03-22-2033 9,837 9,837
KENVUE INC 5.0% 03-22-2030 15,124 15,124
KENVUE INC 5.05% 03-22-2053 13,925 13,925
KEURIG DR PEPPER INC 5.05% 03-15-2029 20,059 20,059
KEURIG DR PEPPER INC 5.2% 03-15-2031 35,351 35,351
KEURIG DR PEPPER INC 5.431% 03-15-2034 9,998 9,998
KEURIG DR PEPPER INC SR NT 4.5% 04-15-2052 16,468 16,468
KEYCORP 6.401% 03-06-2035 20,833 20,833
KEYCORP MEDIUM TERM SR NTS BOOK 4.1% 04-30-2028 9,676 9,676
KEYCORP MEDIUM TERM SR NTS BOOK ENTRY 2.25% DUE 04-06-2027 14,151 14,151
KILROY REALTY LP 3.05% DUE 02-15-2030 8,768 8,768
KILROY RLTY L P 6.25% 01-15-2036 9,924 9,924
KIMBERLY-CLARK CORP SR NT 2% 11-02-2031 21,093 21,093
KIMCO RLTY CORP 1.9% DUE 03-01-2028/08-24-2020 REG 9,135 9,135
KIMCO RLTY CORP 3.7% DUE 10-01-2049 7,269 7,269
KIMCO RLTY CORP 4.6% DUE 02-01-2033 9,521 9,521
KIMCO RLTY OP LLC 4.85% 03-01-2035 9,526 9,526
KINDER MORGAN INC 4.8% DUE 02-01-2033 BEO 9,509 9,509
KINDER MORGAN INC 5.0% 02-01-2029 24,921 24,921
KINDER MORGAN INC 5.2% 06-01-2033 29,323 29,323
KINDER MORGAN INC 5.4% 02-01-2034 29,553 29,553
KINDER MORGAN INC 5.55% DUE 06-01-2045 14,015 14,015
KINDER MORGAN INC 5.95% 08-01-2054 29,351 29,351
KINDER MORGAN INC FIXED 3.25% DUE 08-01-2050 9,515 9,515
KLA CORP 4.65% 07-15-2032 9,777 9,777
KLA CORP 4.7% 02-01-2034 9,708 9,708
KLA CORP 4.95% 07-15-2052 9,102 9,102
KLA CORP 5.25% 07-15-2062 9,376 9,376
KRAFT HEINZ FOODS 3.75% DUE 04-01-2030 9,451 9,451
KRAFT HEINZ FOODS 4.375% DUE 06-01-2046 28,342 28,342
KRAFT HEINZ FOODS 5% DUE 07-15-2035 9,685 9,685
KRAFT HEINZ FOODS CO GTD SR NT 3.875% 05-15-2027 9,797 9,797
KRAFT HEINZ FOODS CO GTD SR NT 4.625% 10-01-2039 8,949 8,949
KROGER CO 4.45% DUE 02-01-2047 12,356 12,356
KROGER CO 5.358% 09-15-2034 19,348 19,348
KROGER CO 5.5% 09-15-2054 14,146 14,146
KROGER CO 5.65% 09-15-2064 9,419 9,419
L3HARRIS TECHNOLOGIES INC 5.05% 06-01-2029 29,990 29,990
L3HARRIS TECHNOLOGIES INC 5.35% DUE 06-01-2034 9,965 9,965
L3HARRIS TECHNOLOGIES INC 5.4% 01-15-2027 10,122 10,122
L3HARRIS TECHNOLOGIES INC 5.4% 07-31-2033 14,968 14,968
L3HARRIS TECHNOLOGIES INC 5.5% 08-15-2054 9,621 9,621
LABORATORY CORP AMER HLDGS 4.8% 10-01-2034 9,479 9,479
LABORATORY CORP OF AMER 4.35% 04-01-2030 9,649 9,649
LABORATORY CORP OF AMER 4.55% 04-01-2032 9,573 9,573
LAS VEGAS SANDS CORP 6.0% 08-15-2029 25,321 25,321
LILLY ELI & CO 3.95% 03-15-2049 7,836 7,836
LILLY ELI & CO 4.2% 08-14-2029 14,708 14,708
LILLY ELI & CO 4.5% 02-09-2027 15,034 15,034
LILLY ELI & CO 5.05% 08-14-2054 27,838 27,838
LILLY ELI & CO 5.1% 02-09-2064 9,156 9,156
LINCOLN NATL CORP 3.8% 03-01-2028 9,636 9,636
LINCOLN NATL CORP 4.35% 03-01-2048 7,775 7,775
LINCOLN NATL CORP IND 5.852% 03-15-2034 10,130 10,130
LKQ CORP SR NT 5.75% 06-15-2028 10,163 10,163
LOCKHEED MARTIN CORP 4.5% 02-15-2029 9,891 9,891
LOCKHEED MARTIN CORP 4.8% 08-15-2034 29,123 29,123
LOCKHEED MARTIN CORP 5.1% 11-15-2027 10,153 10,153
LOCKHEED MARTIN CORP 5.2% 02-15-2064 23,249 23,249
LOCKHEED MARTIN CORP 5.25% 01-15-2033 10,107 10,107
LOCKHEED MARTIN CORP 5.7% DUE 11-15-2054 25,479 25,479
LOWE'S COMPANIES INC 5.625% DUE 04-15-2053 BEO 19,249 19,249
LOWES COS INC 3.1% DUE 05-03-2027 9,666 9,666
LOWES COS INC 4.05% DUE 05-03-2047 15,541 15,541
LOWES COS INC 4.8% DUE 04-01-2026 15,024 15,024
LOWES COS INC 5.15% DUE 07-01-2033 29,847 29,847
LOWES COS INC 5.85% 04-01-2063 29,396 29,396
LOWES COS INC FIXED 4.5% DUE 04-15-2030 29,429 29,429
LYB INTERNATIONAL FINANCE III LLC 5.5% 03-01-2034 29,477 29,477
LYB INTL FIN III 3.375% DUE 10-01-2040 7,301 7,301
LYB INTL FIN III 3.625% DUE 04-01-2051 10,090 10,090
LYB INTL FIN III LLC 4.2% DUE 05-01-2050REG 14,926 14,926
MARRIOTT INTERNATIONAL 4.8% 03-15-2030 14,848 14,848
MARRIOTT INTL 5.3% 05-15-2034 14,888 14,888
MARRIOTT INTL INC NEW 4.9% 04-15-2029 14,973 14,973
MARRIOTT INTL INC NEW 5.45% 09-15-2026 20,258 20,258
MARSH & MCLENNAN 4.375% DUE 03-15-2029 19,649 19,649
MARSH & MCLENNAN 4.9% DUE 03-15-2049 13,445 13,445
MARSH & MCLENNAN COS INC 5.4% 09-15-2033 10,122 10,122
MARSH & MCLENNAN COS INC 5.45% 03-15-2054 19,340 19,340
MARSH & MCLENNAN COS INC 5.75% DUE 11-01-2032 BEO 10,343 10,343
MASTERCARD INC 3.85% DUE 03-26-2050 REG 15,500 15,500
MASTERCARD INC 4.35% 01-15-2032 9,669 9,669
MASTERCARD INC 4.55% 01-15-2035 19,113 19,113
MASTERCARD INC 4.85% DUE 03-09-2033 9,915 9,915
MASTERCARD INC 4.875% 03-09-2028/03-09-2023 25,288 25,288
MCDONALD'S CORP 5.45% 08-14-2053 23,988 23,988
MCDONALD'S CORPORATION 3.6% DUE 07-01-2030 9,383 9,383
MCDONALDS CORP 4.45% DUE 03-01-2047 REG 8,402 8,402
MCDONALDS CORP 5.0% 05-17-2029 20,138 20,138
MCDONALDS CORP MED TERM 3.5% 07-01-2027 19,479 19,479
MCDONALDS CORP MEDIUM TERM NTS BOOK TRANCHE # TR 00143 5.2% 05-17-2034 25,266 25,266
MCDONALDS CORP MEDIUM TERM NTS BOOK 3.625% DUE 09-01-2049 7,219 7,219
MCDONALDS CORP MEDIUM TERM NTS BOOK ENTR4.95% 08-14-2033 24,809 24,809
MEDTRONIC GLOBAL HLDGS 4.25% 03-30-2028 9,875 9,875
MEDTRONIC GLOBAL HLDGS S C A SR NT 4.5% 03-30-2033 14,340 14,340
MEDTRONIC INC 4.625% DUE 03-15-2045 17,772 17,772
MEM 2.955% DUE 01-01-2050 13,130 13,130
MERCK & CO INC 2.15% DUE 12-10-2031 BEO 8,368 8,368
MERCK & CO INC 4.3% 05-17-2030 19,625 19,625
MERCK & CO INC 4.9% 05-17-2044 9,243 9,243
MERCK & CO INC 5.15% 05-17-2063 18,326 18,326
MERCK & CO INC NEW 3.9% 03-07-2039 8,473 8,473
MERCK & CO INC NEW 4.5% 05-17-2033 19,273 19,273
MERCK & CO INC NEW 5.0% 05-17-2053 27,345 27,345
MERCK & CO INC/BRISTOL-MYERS SQUIBB EX 1.7% DUE 06-10-2027 9,375 9,375
META PLATFORMS INC 4.3% 08-15-2029 19,754 19,754
META PLATFORMS INC 4.55% 08-15-2031 39,346 39,346
META PLATFORMS INC 4.75% 08-15-2034 14,610 14,610
META PLATFORMS INC 5.4% 08-15-2054 38,761 38,761
META PLATFORMS INC 5.55% 08-15-2064 29,371 29,371
META PLATFORMS INC FIXED 4.45% DUE 08-15-2052 16,885 16,885
METLIFE INC 4.55% DUE 03-23-2030 9,862 9,862
METLIFE INC 5.0% 07-15-2052 18,129 18,129
METLIFE INC 5.25% DUE 01-15-2054 14,065 14,065
METLIFE INC 5.375% 07-15-2033 25,271 25,271
METLIFE INC SR NT 5.3% 12-15-2034 19,936 19,936
MICRON TECH INC FIXED 6.75% DUE 11-01-2029 10,650 10,650
MICRON TECHNOLOGY INC 5.3% 01-15-2031 29,964 29,964
MICRON TECHNOLOGY INC 5.375% 04-15-2028 10,106 10,106
MICRON TECHNOLOGY INC SR NT 3.477% 11-01-2051 6,766 6,766
MONDELEZ INTERNATIONAL INC 2.625% 03-17-2027 9,567 9,567
MONDELEZ INTERNATIONAL INC 3.0% 03-17-2032 8,668 8,668
MONDELEZ INTL INC 4.75% 08-28-2034 9,571 9,571
MONDELEZ INTL INC 4.75% 02-20-2029 9,963 9,963
MONDELEZ INTL INC FIXED 2.625% DUE 09-04-2050 5,865 5,865
MOODYS CORP SR NT 2.75% 08-19-2041 20,741 20,741
MORGAN STANLEY 2.239% 07-21-2032 24,865 24,865
MORGAN STANLEY 2.475% 01-21-2028 28,586 28,586
MORGAN STANLEY 2.699% DUE 01-22-2031 22,214 22,214
MORGAN STANLEY 2.943% DUE 01-21-2033 21,436 21,436
MORGAN STANLEY 3.622% 04-01-2031 18,577 18,577
MORGAN STANLEY 3.625% DUE 01-20-2027 19,638 19,638
MORGAN STANLEY 4.21% 04-20-2028 19,710 19,710
MORGAN STANLEY 5.042% 07-19-2030 34,875 34,875
MORGAN STANLEY 5.05% DUE 01-28-2027 55,193 55,193
MORGAN STANLEY 5.123% DUE 02-01-2029 20,056 20,056
MORGAN STANLEY 5.164% 04-20-2029 25,068 25,068
MORGAN STANLEY 5.173% 01-16-2030 35,058 35,058
MORGAN STANLEY 5.32% 07-19-2035 29,519 29,519
MORGAN STANLEY 5.597% 03-24-2051 29,701 29,701
MORGAN STANLEY 5.656% 04-18-2030 25,446 25,446
MORGAN STANLEY 5.831% 04-19-2035 51,043 51,043
MORGAN STANLEY 5.948% 01-19-2038 25,068 25,068
MORGAN STANLEY 6.342% 10-18-2033 42,325 42,325
MORGAN STANLEY 6.627% 11-01-2034 26,892 26,892
MORGAN STANLEY FIXED 1.593% DUE 05-04-2027 23,965 23,965
MORGAN STANLEY FIXED 3.217% DUE 04-22-2042 37,046 37,046
MORGAN STANLEY MTN 1.512% DUE 07-20-2027 28,515 28,515
MORGAN STANLEY VAR RT 07-22-2028 33,748 33,748
MOTOROLA SOLUTIONS INC 5.0% 04-15-2029 9,984 9,984
MOTOROLA SOLUTIONS INC 5.4% 04-15-2034 10,003 10,003
MOTOROLA SOLUTIONS INC SR NT 5.6% 06-01-2032 10,207 10,207
MPLX LP 4% 03-15-2028 9,701 9,701
MPLX LP 5.0% 03-01-2033 28,819 28,819
MPLX LP 5.5% 06-01-2034 14,798 14,798
MPLX LP 5.65% 03-01-2053 28,004 28,004
MPLX LP FIXED 4.125% DUE 03-01-2027 19,704 19,704
MPLX LP SR NT 4.95% 03-14-2052 8,419 8,419
MYLAN INC FORMERLY FIXED 4.55% DUE 04-15-2028 19,590 19,590
NATIONAL RURAL UTILITIES COOP FIN 5.15% 06-15-2029 15,178 15,178
NATIONAL RURAL UTILS COOP 4.85% 02-07-2029 15,007 15,007
NATIONAL RURAL UTILS COOP 5.6% 11-13-2026 15,246 15,246
NATIONAL RURAL UTILS COOP FIN CORP BD 5.8% 01-15-2033 15,521 15,521
NATL RURAL UTILS COOP FIN CORP 4.12% 09-16-2027 14,796 14,796
NATL RURAL UTILS COOP FIN CORP TRANCHE #TR 5% 02-07-2031 15,079 15,079
NETFLIX INC 4.375% 11-15-2026 9,963 9,963
NETFLIX INC 4.9% 08-15-2034 9,807 9,807
NETFLIX INC 5.4% 08-15-2054 9,778 9,778
NETFLIX INC 5.875% DUE 11-15-2028 15,546 15,546
NETFLIX INC FIXED 4.875% DUE 04-15-2028 10,040 10,040
NEWMONT CORP/NEWCREST FIN PTY LTD 4.2% 05-13-2050 24,237 24,237
NEWMONT CORP/NEWCREST FIN PTY LTD 5.75% 11-15-2041 39,837 39,837
NEXTERA ENERGY CAP 4.625% DUE 07-15-2027 29,958 29,958
NEXTERA ENERGY CAP 5.38% 02-28-2053 45,961 45,961
NEXTERA ENERGY CAP HLDGS INC 4.9% 03-15-2029 24,924 24,924
NEXTERA ENERGY CAP HLDGS INC 5.05% 02-28-2033 14,709 14,709
NEXTERA ENERGY CAP HLDGS INC SUB DEB SERQ 6.7% 09-01-2054 30,534 30,534
NEXTERA ENERGY CAPITAL 6.75% 06-15-2054 30,734 30,734
NEXTERA ENERGY CAPITAL HLDGS INC 5.25% 03-15-2034 14,838 14,838
NIKE INC 2.75% DUE 03-27-2027 9,641 9,641
NIKE INC 2.85% DUE 03-27-2030 9,108 9,108
NIKE INC 3.375% DUE 03-27-2050 7,057 7,057
NIKE INC FIXED 3.25% DUE 03-27-2040 19,298 19,298
NISOURCE INC 5.0% 06-15-2052 8,864 8,864
NISOURCE INC 5.2% 07-01-2029 15,121 15,121
NISOURCE INC 5.4% 06-30-2033 9,969 9,969
NISOURCE INC 6.95% 11-30-2054 15,272 15,272
NNN REIT INC 5.6% 10-15-2033 25,211 25,211
NORFOLK SOUTHERN CORP 4.45% DUE 03-01-2033 19,094 19,094
NORFOLK SOUTHERN CORP 5.05% DUE 08-01-2030 20,199 20,199
NORFOLK SOUTHERN CORP 5.35% 08-01-2054 23,836 23,836
NORFOLK SOUTHN CORP 5.55% 03-15-2034 10,202 10,202
NORFOLK SOUTHN CORP 5.95% 03-15-2064 20,561 20,561
NORFOLK SOUTHN FIXED 3.942% DUE 11-01-2047 15,393 15,393
NORTHERN STATES POWER CO WISCONSIN 5.65%06-15-2054 30,004 30,004
NORTHROP GRUMMAN CORP 4.6% 02-01-2029 19,833 19,833
NORTHROP GRUMMAN CORP 5.2% 06-01-2054 18,603 18,603
NORTHROP GRUMMAN FIXED 4.9% DUE 06-01-2034 19,491 19,491
NORTHWELL HEALTHCARE INC 4.26% 11-01-2047 8,003 8,003
NOVARTIS CAP CORP 4.0% 09-18-2031 9,523 9,523
NOVARTIS CAP CORP 4.649% 09-18-2034 9,309 9,309
NOVARTIS CAP CORP 4.7% 09-18-2054 8,840 8,840
NOVARTIS CAP CORP FIXED 2% DUE 02-14-2027 9,509 9,509
NOVARTIS CAPITAL CORP 3.8% 09-18-2029 9,629 9,629
NSTAR ELEC CO 3.2% DUE 05-15-2027 19,328 19,328
NVIDIA CORP 3.5% DUE 04-01-2050 14,884 14,884
NVIDIA CORP FIXED 2.85% DUE 04-01-2030 22,905 22,905
NYU LANGONE HOSPS 3.38% DUE 07-01-2055 13,408 13,408
O REILLY AUTOMOTIVE INC NEW 5.75% 11-20-2026 10,173 10,173
O REILLY FIXED 4.2% DUE 04-01-2030 9,612 9,612
OCCIDENTAL PETE CORP 5.2% 08-01-2029 49,599 49,599
OCCIDENTAL PETE CORP SR NT 6.6% 03-15-2046 50,514 50,514
OMEGA HEALTHCARE INVESTORS 3.625% DUE 10-01-2029 23,057 23,057
ONCOR ELEC DELIVERY 4.3% 05-15-2028 9,873 9,873
ONCOR ELEC DELIVERY 5.65% 11-15-2033 30,769 30,769
ONCOR ELEC FIXED 4.95% DUE 09-15-2052 8,947 8,947
ONEOK INC 4.25% 09-24-2027 49,272 49,272
ONEOK INC 5.7% 11-01-2054 28,242 28,242
ONEOK INC 5.85% 11-01-2064 9,395 9,395
ONEOK INC 6.625% DUE 09-01-2053 10,526 10,526
ONEOK INC NEW 4.4% 10-15-2029 29,095 29,095
ONEOK INC NEW 5.05% 11-01-2034 28,703 28,703
ONEOK INC NEW 5.2% DUE 07-15-2048 8,819 8,819
ORACLE CORP 1.65% 03-25-2026 33,747 33,747
ORACLE CORP 3.25% 11-15-2027 19,234 19,234
ORACLE CORP 3.6% DUE 04-01-2040 REG 23,490 23,490
ORACLE CORP 3.6% DUE 04-01-2050 REG 21,037 21,037
ORACLE CORP 4.2% 09-27-2029 28,977 28,977
ORACLE CORP 4.7% 09-27-2034 47,402 47,402
ORACLE CORP 4.9% 02-06-2033 38,958 38,958
ORACLE CORP 5.375% 09-27-2054 32,256 32,256
ORACLE CORP 5.5% 09-27-2064 32,083 32,083
ORACLE CORP 5.55% 02-06-2053 18,938 18,938
ORACLE CORP FIXED 2.3% DUE 03-25-2028 9,245 9,245
ORACLE CORP FIXED 2.8% DUE 04-01-2027 14,404 14,404
ORACLE CORP FIXED 2.95% DUE 04-01-2030 18,065 18,065
ORACLE CORP FIXED 3.65% DUE 03-25-2041 23,417 23,417
ORACLE CORP FIXED 3.85% DUE 04-01-2060 20,649 20,649
ORACLE CORP FIXED 6.9% DUE 11-09-2052 33,666 33,666
OREILLY AUTOMOTIVE INC NEW 4.7% 06-15-2032 9,677 9,677
OSHKOSH CORP 4.6% DUE 05-15-2028 19,742 19,742
OSHKOSH CORP FIXED 3.1% DUE 03-01-2030 18,294 18,294
OWENS CORNING 3.5% 02-15-2030 9,285 9,285
OWENS CORNING 5.95% 06-15-2054 9,897 9,897
OWENS CORNING NEW 5.5% 06-15-2027 10,171 10,171
OWENS CORNING NEW SR NT 5.7% 06-15-2034 10,155 10,155
OWL ROCK CORE INCOME CORP 3.125% DUE 09-23-2026 BEO 9,590 9,590
PAC GAS & ELEC CO 3.5% DUE 08-01-2050 6,864 6,864
PAC GAS & ELEC CO 5.9% DUE 10-01-2054 39,548 39,548
PAC GAS & ELEC CO FIXED 4.5% DUE 07-01-2040 25,923 25,923
PAC GAS & ELEC CO FIXED 4.95% DUE 07-01-2050 8,670 8,670
PACCAR FINANCIAL CORP 4.0% 09-26-2029 9,674 9,674
PACCAR FINANCIAL CORP 4.45% 08-06-2027 9,990 9,990
PACCAR FINANCIAL CORP 5.0% 03-22-2034 10,061 10,061
PACCAR FINL CORP 5.2% DUE 11-09-2026 10,135 10,135
PACIFIC GAS & ELEC CO 5.45% DUE 06-15-2027/06-08-2022 BEO 30,343 30,343
PACIFIC GAS & ELEC CO 5.55% 05-15-2029 30,482 30,482
PACIFIC GAS & ELEC CO 5.8% 05-15-2034 10,228 10,228
PACIFIC GAS & ELEC CO 6.1% 01-15-2029 10,350 10,350
PACIFIC GAS & ELECTRIC CO 6.4% 06-15-2033 31,631 31,631
PARKER-HANNIFIN CORP 4.0% DUE 06-14-2049 11,728 11,728
PARKER-HANNIFIN CORP 4.5% 09-15-2029 14,790 14,790
PARKER-HANNIFIN FIXED 4.2% DUE 11-21-2034 13,887 13,887
PARKER-HANNIFIN FIXED 4.25% DUE 09-15-2027 14,840 14,840
PAYPAL HOLDINGS INC 3.9% 06-01-2027 49,283 49,283
PECO ENERGY CO 4.9% 06-15-2033 19,669 19,669
PECO ENERGY CO 5.25% 09-15-2054 14,216 14,216
PECO ENERGY CO FIXED 4.375% DUE 08-15-2052 20,671 20,671
PEPSICO INC 3.5% DUE 03-19-2040 8,090 8,090
PEPSICO INC 4.45% 02-15-2033 29,727 29,727
PEPSICO INC 4.5% 07-17-2029 29,940 29,940
PEPSICO INC 4.8% 07-17-2034 9,799 9,799
PEPSICO INC 5.125% 11-10-2026 25,311 25,311
PEPSICO INC 5.25% 07-17-2054 29,068 29,068
PEPSICO INC FIXED 2.625% 10-21-2041 17,367 17,367
PEPSICO SINGAPORE FIN 4.65% 02-16-2027 15,061 15,061
PFIZER INC 2.55% DUE 05-28-2040 27,728 27,728
PFIZER INC 4% DUE 12-15-2036 35,671 35,671
PFIZER INC 4.45% 05-19-2028 39,645 39,645
PFIZER INVESTMENT ENTER 4.45% 05-19-2026 29,958 29,958
PFIZER INVESTMENT ENTER 4.65% 05-19-2030 14,840 14,840
PFIZER INVESTMENT ENTER 4.75% 05-19-2033 43,585 43,585
PFIZER INVESTMENT ENTER 5.11% 05-19-2043 23,502 23,502
PFIZER INVESTMENT ENTER 5.3% 05-19-2053 28,134 28,134
PFIZER INVESTMENT ENTER 5.34% 05-19-2063 22,986 22,986
PG&E WILDFIRE 4.722% DUE 06-01-2039 95,550 95,550
PHILLIPS 66 CO 3.55% 10-01-2026 49,102 49,102
PHILLIPS 66 CO 5.236% 03-15-2035 9,458 9,458
PHILLIPS 66 CO 5.841% 03-15-2055 9,221 9,221
PHILLIPS 66 CO FIXED 3.15% DUE 12-15-2029 9,174 9,174
PHILLIPS 66 COMPANY 5.25% 06-15-2031 10,030 10,030
PHILLIPS 66 COMPANY 5.65% 06-15-2054 9,452 9,452
PIEDMONT OPER PARTNERSHIP LP 6.875% 07-15-2029 25,692 25,692
PLAINS ALL AMER PIPELINE 5.7% 09-15-2034 29,938 29,938
PLAINS ALL AMERN FIXED 3.55% DUE 12-15-2029 13,949 13,949
PLAINS ALL AMERN PIPELINE L P/PAA FIN 3.8% DUE 09-15-2030 REG 9,282 9,282
PNC FINANCIAL SERVICES 5.102% 07-23-2027 25,126 25,126
PNC FINANCIAL SERVICES 5.3% 01-21-2028 20,170 20,170
PNC FINL SVCS FLTG RT 5.582% DUE 06-12-2029 15,261 15,261
PNC FINL SVCS GROUP INC 3.45% DUE 04-23-2029 REG 14,197 14,197
PNC FINL SVCS GROUP INC 5.401% 07-23-2035 9,933 9,933
PNC FINL SVCS GROUP INC 5.492% 05-14-2030 25,350 25,350
PNC FINL SVCS GROUP INC 6.037% 10-28-2033 25,878 25,878
PNC FINL SVCS GROUP INC 6.875% 10-20-2034 27,338 27,338
PPL CAP FDG INC FIXED 4.125% DUE 04-15-2030 9,524 9,524
PPL CAPITAL FUNDING INC 5.25% 09-01-2034 19,698 19,698
PPL ELEC UTILS CORP 5% 05-15-2033 9,879 9,879
PPL ELECTRIC UTILITIES CORP 5.25% 05-15-2053 19,093 19,093
PRICELINE GROUP FIXED 3.55% DUE 03-15-2028 9,672 9,672
PROCTER & GAMBLE CO 1.9% 02-01-2027 19,016 19,016
PROCTER & GAMBLE CO 3.6% DUE 03-25-2050 REG 19,221 19,221
PROCTER & GAMBLE CO 4.05% DUE 01-26-2033 23,874 23,874
PROCTER & GAMBLE CO 4.35% 01-29-2029 14,927 14,927
PROCTER & GAMBLE CO 4.55% 01-29-2034 24,358 24,358
PROCTER & GAMBLE CO/THE 1.0% 04-23-2026 23,964 23,964
PROGRESSIVE CORP 3.2% DUE 03-26-2030 9,239 9,239
PROGRESSIVE CORP 3.95% DUE 03-26-2050 15,495 15,495
PROGRESSIVE CORP 4.95% 06-15-2033 9,903 9,903
PROGRESSIVE CORP OH 2.5% 03-15-2027 BEO 9,576 9,576
PROLOGIS L P 2.25% DUE 04-15-2030 8,747 8,747
PROLOGIS L P 4.75% 06-15-2033 14,531 14,531
PROLOGIS L P 4.875% 06-15-2028 20,045 20,045
PROLOGIS L P 5% 01-31-2035 9,787 9,787
PROLOGIS L P 5.25% 06-15-2053 14,020 14,020
PROVID ST JOSEPH 2.7% DUE 10-01-2051 11,550 11,550
PRUDENTIAL FINL 3% DUE 03-10-2040 11,082 11,082
PRUDENTIAL FINL FIXED 4.35% DUE 02-25-2050 16,322 16,322
PRUDENTIAL FINL INC 3.7% DUE 03-13-2051 REG 7,248 7,248
PRUDENTIAL FINL INC 3.878% 03-27-2028 19,472 19,472
PRUDENTIAL FINL INC 6.5% 03-15-2054 10,285 10,285
PRUDENTIAL FINL INC 6.75% 03-01-2053 26,079 26,079
PUBLIC SERVICE COLORADO 5.35% 5-15-2034 30,044 30,044
PUBLIC SERVICE COLORADO 5.75% 05-15-2024 14,986 14,986
PUBLIC SERVICE ELECTRIC 4.85% 08-01-2034 9,724 9,724
PUBLIC SERVICE ELECTRIC 5.3% 08-01-2054 9,534 9,534
PUBLIC SERVICE ENTERPRISE 5.2% 04-01-2029 20,212 20,212
PUBLIC SERVICE ENTERPRISE GROUP INC 5.85% DUE 11-15-2027 BEO 10,286 10,286
PUBLIC STORAGE 1.5% 11-09-2026 9,458 9,458
PUBLIC STORAGE 5.1% 08-01-2033 9,962 9,962
PUBLIC STORAGE 5.125% 01-15-2029 10,123 10,123
PUBLIC STORAGE 5.35% 08-01-2053 9,522 9,522
PUBLIC SVC ELEC GAS CO SECD MEDIUM TERM 5.45% 08-01-2053 24,437 24,437
PUBLIC SVC ENTERPRISE GROUP INC 6.125% 10-15-2033 26,050 26,050
PUGET ENERGY INC NEW 4.1% 06-15-2030 9,430 9,430
PUGET ENERGY INC SR NT 5.33% 06-15-2034 9,941 9,941
PUGET SOUND ENERGY INC 5.685% 15/06/20545.685% 06-15-2054 14,722 14,722
PVTPL ARES STRATEGIC INCOME FD 5.6% 02-15-2030 29,643 29,643
PVTPL BLACKSTONE PRIVATE CR FD 4.95% 09-26-2027 14,817 14,817
PVTPL BLACKSTONE PRIVATE CREDIT FUND 5.25% 04-01-2030 9,721 9,721
PVTPL BLUE OWL CREDIT INCOME CORP. 5.8% 03-15-2030 14,764 14,764
PVTPL BROADCOM INC 3.137% DUE 11-15-2035 BEO 16,337 16,337
PVTPL BROADCOM INC 3.75% DUE 02-15-2051 11,183 11,183
PVTPL BROADCOM INC NT 4.926% 05-15-2037 14,275 14,275
PVTPL BROADCOM INC SR NT 3.5% 02-15-2041/01-19-2021 19,532 19,532
PVTPL CHENIERE ENERGY PARTNERS L P 5.75%08-15-2034 10,067 10,067
PVTPL ONCOR ELECTRIC DELIVERY CO 5.55% 06-15-2054 9,724 9,724
PVTPL VERIZON COMMUNICATIONS 4.78% 02-15-2035 47,610 47,610
QUALCOMM INC 4.25% 05-20-2032 24,065 24,065
QUALCOMM INC 4.3% DUE 05-20-2047 8,275 8,275
QUALCOMM INC 6% 05-20-2053 26,154 26,154
QUALCOMM INC FIXED 5.4% DUE 05-20-2033 10,314 10,314
QUALCOMM INC NT 1.3% 05-20-2028 8,974 8,974
QUANTA SERVICES INC 5.25% 08-09-2034 9,778 9,778
QUANTA SVCS INC 3.05% 10-01-2041 7,035 7,035
QUANTA SVCS INC 4.75% 08-09-2027 9,986 9,986
QUEST DIAGNOSTICS 6.4% DUE 11-30-2033 16,075 16,075
QUEST DIAGNOSTICS INC 4.6% 12-15-2027 9,984 9,984
QUEST DIAGNOSTICS INC 4.625% 12-15-2029 9,844 9,844
QUEST DIAGNOSTICS INC 5.0% 12-15-2034 9,727 9,727
REALTY INCOME CORP 2.1% 03-15-2028 13,785 13,785
REALTY INCOME CORP 3.4% 01-15-2030 13,938 13,938
REALTY INCOME CORP 3.95% DUE 08-15-2027 9,830 9,830
REALTY INCOME CORP 4.875% DUE 06-01-2026 10,025 10,025
REALTY INCOME CORP 4.9% DUE 07-15-2033 14,542 14,542
REALTY INCOME CORP 5.125% 02-15-2034 14,701 14,701
REGAL REXNORD CORP 6.4% 04-15-2033 25,807 25,807
REGENCY CENTERS CORP 5.25% 01-15-2034 24,643 24,643
REPUBLIC SERVICES INC 5.0% 11-15-2029 25,129 25,129
REPUBLIC SERVICES INC 5.2% 11-15-2034 24,793 24,793
REVVITY INC SR NT 3.625% 03-15-2051 17,018 17,018
ROPER TECHNOLOGIES 1.4% DUE 09-15-2027 9,158 9,158
ROPER TECHNOLOGIES 3.8% DUE 12-15-2026 9,845 9,845
ROPER TECHNOLOGIES INC 4.5% 10-15-2029 9,818 9,818
ROPER TECHNOLOGIES INC 4.75% 02-15-2032 9,727 9,727
ROPER TECHNOLOGIES INC 4.9% 10-15-2034 9,615 9,615
RTX CORP 5.75% 01-15-2029 30,969 30,969
RTX CORP 5.75% 11-08-2026 15,264 15,264
RTX CORP 6.0% 03-15-2031 15,746 15,746
RTX CORPORATION 3.03% 03-15-2052 9,505 9,505
RTX CORPORATION 3.5% 03-15-2027 USD 14,630 14,630
RTX CORPORATION 4.625% 11-16-2048 8,508 8,508
RTX CORPORATION 4.7% DUE 12-15-2041 26,655 26,655
RTX CORPORATION 5.15% DUE 02-27-2033 14,877 14,877
RTX CORPORATION 6.1% 03-15-2034 31,598 31,598
RTX CORPORATION 6.4% 03-15-2054 32,682 32,682
RYDER SYSTEM INC 6.3% 12-01-2028 26,200 26,200
S&P GLOBAL INC 2.9% 03-01-2032 8,730 8,730
S&P GLOBAL INC 3.7% 03-01-2052 14,953 14,953
S&P GLOBAL INC 4.25% 05-01-2029 19,560 19,560
S&P GLOBAL INC 5.25% 09-15-2033 10,105 10,105
SABINE PASS FIXED 4.2% DUE 03-15-2028 9,763 9,763
SABINE PASS LIQUEFACTION LLC 4.5% DUE 05-15-2030 REG 9,687 9,687
SABINE PASS LIQUEFACTION LLC 5.0% 03-15-2027 25,051 25,051
SABINE PASS LIQUEFACTION LLC 5.875% 06-30-2026 10,094 10,094
SABINE PASS LIQUEFACTION LLC SR SECD NT 5.9% 09-15-2037 10,165 10,165
SABRA HLTH CARE 3.9% DUE 10-15-2029 23,360 23,360
SALESFORCE COM INC 3.7% DUE 04-11-2028 9,737 9,737
SALESFORCE.COM INC 1.95% DUE 07-15-2031 BEO 8,395 8,395
SALESFORCE.COM INC 2.7% DUE 07-15-2041 BEO 7,063 7,063
SALESFORCE.COM INC 2.9% DUE 07-15-2051 BEO 6,403 6,403
SALESFORCE.COM INC 3.05% DUE 07-15-2061 BEO 6,181 6,181
SAN DIEGO GAS & ELEC CO 1ST MTG BD SER XXX 3.7% 03-15-2052 7,228 7,228
SAN DIEGO GAS & ELEC CO 5.35% 04-01-2053/03-10-2023 9,448 9,448
SAN DIEGO GAS & ELEC CO 5.55% 04-15-2054 29,121 29,121
SANTANDER HLDGS USA INC 2.49% 01-06-2028 9,482 9,482
SANTANDER HLDGS USA INC 5.353% 09-06-2030 9,885 9,885
SANTANDER HLDGS USA INC 6.124% 05-31-2027 10,148 10,148
SANTANDER HLDGS USA INC 6.174% 01-09-2030 15,306 15,306
SANTANDER HLDGS USA INC 6.342% 05-31-2035 10,165 10,165
SCHWAB CHARLES CORP NEW 5.643% 05-19-2029 30,610 30,610
SCHWAB CHARLES CORP NEW 5.875% 08-24-2026 30,517 30,517
SCHWAB CHARLES CORP NEW 6.136% 08-24-2034 31,518 31,518
SEMPRA 5.4% 08-01-2026 10,083 10,083
SEMPRA 6.4% 10-01-2054 19,831 19,831
SEMPRA 6.875% 10-01-2054 30,335 30,335
SEMPRA ENERGY 5.5% 08-01-2033 15,034 15,034
SHELL FIN US INC 4.375% 05-11-2045 41,855 41,855
SHELL INTL FIN B V 2.375% DUE 11-07-2029 9,004 9,004
SHELL INTL FIN B V 3.875% DUE 11-13-2028 9,718 9,718
SHERWIN-WILLIAMS 2.95% DUE 08-15-2029 27,540 27,540
SHERWIN-WILLIAMS 4.5% DUE 06-01-2047 12,630 12,630
SHERWIN-WILLIAMS CO SR NT 4.8% 09-01-2031 14,791 14,791
SHERWIN-WILLIAMS FIXED 3.3% DUE 05-15-2050 9,963 9,963
SIMON PPTY GROUP L FIXED 2.45% 09-13-2029 8,993 8,993
SIMON PPTY GROUP L P 4.75% 09-26-2034 9,472 9,472
SIMON PROPERTY GROUP L.P. 5.5% 03-08-2033 50,850 50,850
SIMON PROPERTY GROUP L.P. 5.85% DUE 03-08-2053 20,181 20,181
SMUCKER J M CO 6.5% 11-15-2043 26,654 26,654
SMUCKER J M CO 6.5% 11-15-2053 32,236 32,236
SOLVENTUM CORP 5.4% 03-01-2029 10,219 10,219
SOLVENTUM CORP 5.45% 02-25-2027 10,167 10,167
SOLVENTUM CORP 5.45% 03-13-2031 10,204 10,204
SOLVENTUM CORP 5.6% 03-23-2034 10,227 10,227
SOLVENTUM CORP 5.9% 04-30-2054 9,742 9,742
SOLVENTUM CORP 6.0% 05-15-2064 10,092 10,092
SONOCO PRODS CO 4.6% 09-01-2029 9,736 9,736
SONOCO PRODS CO 5.0% 09-01-2034 9,483 9,483
SONOCO PRODS CO NT 2.25% 02-01-2027 9,456 9,456
SONOCO PRODS CO NT 2.85% 02-01-2032 8,493 8,493
SOUTHERN CAL EDISON 5.2% 06-01-2034 29,680 29,680
SOUTHERN CALIF EDISON CO 5.35% 03-01-2026 50,328 50,328
SOUTHERN CALIF EDISON CO 5.75% 04-15-2054 29,496 29,496
SOUTHERN CALIF EDISON CO SR NT 3.45% 02-01-2052 16,934 16,934
SOUTHERN CALIF GAS CO 2.95% 04-15-2027 14,430 14,430
SOUTHERN CO 3.25% DUE 07-01-2026 29,390 29,390
SOUTHERN CO 4.85% 03-15-2035 28,630 28,630
SOUTHERN CO 5.5% 03-15-2029 30,608 30,608
SOUTHERN CO 5.7% 03-15-2034 20,434 20,434
SOUTHERN CO GAS CAP CORP 5.75% 09-15-2033 15,385 15,385
SOUTHN CO GAS CAP 3.95% DUE 10-01-2046 7,746 7,746
SOUTHWEST AIRLS CO 2.625% DUE 02-10-2030 22,133 22,133
SOUTHWESTERN PUBLIC SERVICE CO 3.15% DUE05-01-2050 9,731 9,731
SPRINT CORP FIXED 7.625% DUE 03-01-2026 25,549 25,549
ST STR CORPORATION FIXED 4.164% DUE 08-04-2033 14,002 14,002
STANLEY BLACK & DECKER INC 3.4% 03-01-2026 49,181 49,181
STARBUCKS CORP 2% DUE 03-12-2027 28,345 28,345
STARBUCKS CORP 3.5% DUE 11-15-2050 6,924 6,924
STARBUCKS CORP 4.85% 02-08-2027 30,140 30,140
STARBUCKS CORP FIXED 4.45% 08-15-2049 8,197 8,197
STATE STR CORP 2.4% DUE 01-24-2030 8,956 8,956
STATE STR CORP 5.272% 08-03-2026 15,148 15,148
STATE STR CORP FLTG RT 4.53% DUE 02-20-2029 9,887 9,887
STATE STREET CORP 4.993% 03-18-2027 15,123 15,123
STATE STREET CORP 6.113% 11-21-2034 15,621 15,621
STEEL DYNAMICS INC SR NT 5.375% 08-15-2034 29,791 29,791
STRYKER CORP 4.625% 09-11-2034 23,869 23,869
STRYKER CORP 4.637% 09-11-2029 24,335 24,335
SUNOCO LOGISTICS PARTNERS 5.4% 10-01-2047 17,981 17,981
SUTTER HEALTH 5.547% DUE 08-15-2053 24,985 24,985
SYSCO CORP 3.25% DUE 07-15-2027 14,469 14,469
SYSCO CORP 5.75% 01-17-2029 15,442 15,442
SYSCO CORP 6.0% 01-17-2034 10,486 10,486
SYSCO CORP FIXED 6.6% DUE 04-01-2050 21,954 21,954
T-MOBILE US INC 5.5% 01-15-2055 28,263 28,263
T-MOBILE USA INC 2.25% DUE 02-15-2026 29,138 29,138
T-MOBILE USA INC 2.55% 02-15-2031 17,214 17,214
T-MOBILE USA INC 4.5% DUE 04-15-2050 20,527 20,527
T-MOBILE USA INC 4.572% 10-01-2029 48,408 48,408
T-MOBILE USA INC 4.7% 01-15-2035 18,925 18,925
T-MOBILE USA INC 4.85% 01-15-2029 44,740 44,740
T-MOBILE USA INC 5.05% 07-15-2033 29,383 29,383
T-MOBILE USA INC 5.25% 06-15-2055 18,192 18,192
T-MOBILE USA INC FIXED 3.75% DUE 04-15-2027 29,306 29,306
T-MOBILE USA INC TMUS 3.3% 02-15-2051 16,516 16,516
TARGA RES CORP 6.125% 03-15-2033 20,629 20,629
TARGA RES CORP 6.5% DUE 02-15-2053 15,673 15,673
TARGA RES FIXED 5.2% DUE 07-01-2027 10,060 10,060
TARGA RES PARTNERS FIXED 5% DUE 01-15-2028 14,838 14,838
TARGA RES PARTNERS FIXED 6.15% DUE 03-01-2029 10,375 10,375
TARGA RESOURCES CORPORATION 5.5% 02-15-2035 9,841 9,841
TARGET CORP 4.5% 09-15-2034 28,543 28,543
TARGET CORP 4.8% DUE 01-15-2053 26,819 26,819
TARGET CORP FIXED 2.35% DUE 02-15-2030 26,651 26,651
TEXAS INSTRS INC 4.6% 02-08-2029 9,972 9,972
TEXAS INSTRS INC 5.15% 02-08-2054 23,453 23,453
TEXAS INSTRS INC FIXED 4.6% DUE 02-08-2027 10,042 10,042
TEXAS INSTRUMENTS INC 4.9% 03-14-2033 24,832 24,832
TEXAS INSTRUMENTS INC 5.05% DUE 05-18-2063 9,027 9,027
THERMO FISHER SCIENTIFIC INC 4.95% 11-21-2032 49,686 49,686
THERMO FISHER SCIENTIFIC INC 5.2% 01-31-2034 20,064 20,064
TOLL BROS FIN CORP 3.8% DUE 11-01-2029 23,530 23,530
TOYOTA MOTOR CREDIT CORP 3.05% 03-22-2027 14,512 14,512
TOYOTA MOTOR CREDIT CORP 4.55% 08-07-2026 30,019 30,019
TOYOTA MOTOR CREDIT CORP 4.65% 01-05-2029 9,932 9,932
TOYOTA MOTOR CREDIT CORP 5.1% 03-21-2031 30,092 30,092
TOYOTA MTR CR CORP 1.9% DUE 04-06-2028 9,145 9,145
TOYOTA MTR CR CORP 4.45% DUE 05-18-2026 14,978 14,978
TOYOTA MTR CR CORP 4.55% 08-09-2029 29,645 29,645
TOYOTA MTR CR CORP 4.625% DUE 01-12-2028 14,966 14,966
TOYOTA MTR CR CORP 5.4% 11-20-2026 10,154 10,154
TOYOTA MTR CR CORP MEDIUM TERM NTS BOOK 5.0% DUE 03-19-2027 10,089 10,089
TRANE TECHNOLOGIES FING LTD 2.25% 03-03-2033 10,030 10,030
TRANE TECHNOLOGIES FING LTD 5.1% 06-13-2034 9,890 9,890
TRAVELERS COS INC 4% DUE 05-30-2047 11,871 11,871
TRAVELERS COS INC 5.45% DUE 05-25-2053 24,361 24,361
TRUIST FINANCIAL CORPORATION 4.873% 01-26-2029 14,925 14,925
TRUIST FINANCIAL CORPORATION 5.153% 08-05-2032 34,571 34,571
TRUIST FINANCIAL CORPORATION 5.435% 01-24-2030 15,130 15,130
TRUIST FINANCIAL CORPORATION 7.161% 10-30-2029 21,392 21,392
TRUIST FINL CORP 5.711% 01-24-2035 10,079 10,079
TRUIST FINL CORP SR MED TERM NTS BOOK EN6.047% 06-08-2027 30,497 30,497
TYSON FOODS INC 5.4% 03-15-2029 30,331 30,331
U S BANCORP 4.967% 07-22-2033 14,372 14,372
U S BANCORP 5.775% 06-12-2029 15,341 15,341
U S BANCORP 6.787% 10-26-2027 20,679 20,679
U S BANCORP MEDIUM TERM NTS- BOOK ENTRY 4.839% 02-01-2034 14,362 14,362
UBER TECHNOLOGIES INC 4.8% 09-15-2034 19,141 19,141
UBER TECHNOLOGIES INC 5.35% 09-15-2054 9,299 9,299
UDR INC CORP 3.2% 01-15-2030 22,889 22,889
UNION ELEC CO 5.45% 03-15-2053 14,381 14,381
UNION ELECTRIC CO 3.9% DUE 04-01-2052 7,670 7,670
UNION ELECTRIC COMPANY 5.2% 04-01-2034 9,940 9,940
UNION PAC CORP 2.891% DUE 04-06-2036 8,070 8,070
UNION PAC CORP 3.2% DUE 05-20-2041 14,982 14,982
UNION PAC CORP 3.25% DUE 02-05-2050 10,256 10,256
UNION PAC CORP 3.5% 02-14-2053 10,586 10,586
UNION PAC CORP 3.839% DUE 03-20-2060 BEO 14,300 14,300
UNION PAC CORP 3.95% DUE 09-10-2028 19,460 19,460
UNION PAC CORP FIXED 2.973% DUE 09-16-2062 8,647 8,647
UNION PAC CORP FIXED 3.79% DUE 04-06-2071 10,196 10,196
UNION PACIFIC CORP 2.8% 02-14-2032 17,352 17,352
UNION PACIFIC CORP FIXED 4.75% DUE 02-21-2026 25,064 25,064
UNION PACIFIC CORP FIXED 4.95% DUE 05-15-2053 22,874 22,874
UNITED AIRLINES INC 5.45% 08-15-2038 25,005 25,005
UNITED PARCEL SERVICE INC 4.875% DUE 03-03-2033 24,744 24,744
UNITED PARCEL SVC INC 5.05% 03-03-2053 22,955 22,955
UNITED PARCEL SVC INC 5.15% 05-22-2034 24,966 24,966
UNITED PARCEL SVC INC 5.5% 05-22-2054 24,409 24,409
UNITED PARCEL SVC INC 5.6% 05-22-2064 19,423 19,423
UNITEDHEALTH GROUP 3.5% DUE 08-15-2039 15,824 15,824
UNITEDHEALTH GROUP 5.35% DUE 02-15-2033 25,151 25,151
UNITEDHEALTH GROUP 5.75% DUE 07-15-2064 29,255 29,255
UNITEDHEALTH GROUP 5.875% DUE 02-15-2053 25,103 25,103
UNITEDHEALTH GROUP 6.05% DUE 02-15-2063 30,674 30,674
UNITEDHEALTH GROUP INC 4.6% 04-15-2027 20,022 20,022
UNITEDHEALTH GROUP INC 4.75% 07-15-2026 20,053 20,053
UNITEDHEALTH GROUP INC 4.8% 01-15-2030 29,879 29,879
UNITEDHEALTH GROUP INC 4.95% 01-15-2032 29,626 29,626
UNITEDHEALTH GROUP INC 5.0% 04-15-2034 9,767 9,767
UNITEDHEALTH GROUP INC 5.15% 07-15-2034 29,593 29,593
UNITEDHEALTH GROUP INC 5.2% 04-15-2063 27,033 27,033
UNITEDHEALTH GROUP INC 5.375% 04-15-2054 23,476 23,476
UNITEDHEALTH GROUP INC 5.625% 07-15-2054 24,313 24,313
UNITEDHEALTH GROUP INC 5.778% 07-15-2044 58,310 58,310
UNITEDHEALTH GROUP INC SR NT 4.25% 01-15-2029 19,597 19,597
UNIVERSITY SOUTHN CALIF TAXABLE BD SER 2021A 2.945% 10-01-2051 32,740 32,740
US BANCORP 4.548% 07-22-2028 19,834 19,834
US BANCORP 5.1% 07-23-2030 24,984 24,984
US BANCORP 5.678% 01-23-2035 30,274 30,274
US BANCORP FIXED 3.15% 04-27-2027 9,676 9,676
VALERO ENERGY CORP NEW 2.8% 12-01-2031 17,070 17,070
VALERO ENERGY CORP NEW 3.65% 12-01-2051 10,127 10,127
VALERO ENERGY CORP NEW 4.35% 06-01-2028 14,698 14,698
VENTAS REALTY LP 5.0% 01-15-2035 9,560 9,560
VENTAS RLTY LTD 3.85% DUE 04-01-2027 9,765 9,765
VENTAS RLTY LTD 4.875% DUE 04-15-2049 8,618 8,618
VENTAS RLTY LTD PARTNERSHIP 4.4% 01-15-2029 9,733 9,733
VERIZON 2.65% DUE 11-20-2040 23,960 23,960
VERIZON 4.5% DUE 08-10-2033 9,426 9,426
VERIZON COMMUNICATIONS 3.4% DUE 03-22-2041 BEO 18,928 18,928
VERIZON COMMUNICATIONS 3.55% DUE 03-22-2051 BEO 28,312 28,312
VERIZON COMMUNICATIONS 4.125% DUE 03-16-2027 39,545 39,545
VERIZON COMMUNICATIONS 5.5% 02-23-2054 28,788 28,788
VERIZON COMMUNICATIONS INC 2.987% 10-30-2056 USD 5,943 5,943
VERIZON COMMUNICATIONS INC 3.875% 03-01-2052 37,048 37,048
VERIZON COMMUNICATIONS INC 4.329% 09-21-2028 24,531 24,531
VERIZON COMMUNICATIONS INC NT 2.355% 03-15-2032 29,032 29,032
VERIZON FIXED 2.55% DUE 03-21-2031 34,469 34,469
VERIZON FIXED 4.016% DUE 12-03-2029 38,378 38,378
VIACOMCBS INC FIXED 4.95% DUE 01-15-2031 9,337 9,337
VIACOMCBS INC FIXED 4.95% DUE 05-19-2050 11,324 11,324
VIATRIS INC 4.0% 06-22-2050 10,235 10,235
VIATRIS INC SR NT 2.7% 06-22-2030 8,678 8,678
VIATRIS INC SR NT 3.85% 06-22-2040 11,247 11,247
VICI PPTYS LP SR NT 5.625% 05-15-2052 9,304 9,304
VICI PROPERTIES INC 5.125% 05-15-2032 9,737 9,737
VICI PROPERTIES LP 4.75% 02-15-2028 14,876 14,876
VIRGINIA ELEC & PWR CO 2.95% 11-15-2051 6,237 6,237
VIRGINIA ELEC & PWR CO 3.75% 05-15-2027 9,792 9,792
VIRGINIA ELEC & PWR CO 5.45% 04-01-2053 9,531 9,531
VIRGINIA ELEC & PWR CO 5.55% 08-15-2054 29,043 29,043
VIRGINIA ELECTRIC & POWER CO 5.05% 08-15-2034 29,278 29,278
VISA INC 1.1% DUE 02-15-2031 8,095 8,095
VISA INC 1.9% DUE 04-15-2027 REG 9,454 9,454
VISA INC 2.05% DUE 04-15-2030 13,121 13,121
VISA INC 2.7% DUE 04-15-2040 7,295 7,295
VISA INC 2.75% 09-15-2027 28,707 28,707
VISA INC 3.65% 09-15-2047 22,999 22,999
VISA INC 4.15% DUE 12-14-2035 9,242 9,242
VISA INC FIXED 2% DUE 08-15-2050 5,402 5,402
VMWARE INC 3.9% 08-21-2027 9,775 9,775
VMWARE INC 4.65% DUE 05-15-2027 9,959 9,959
VMWARE INC 4.7% DUE 05-15-2030 BEO 9,788 9,788
VMWARE INC FIXED 2.2% 08-15-2031 8,297 8,297
W P CAREY INC 3.85% DUE 07-15-2029 23,772 23,772
WALMART INC 3.95% DUE 09-09-2027 BEO 9,903 9,903
WALMART INC 3.95% DUE 06-28-2038 13,446 13,446
WALMART INC 4.0% DUE 04-15-2026 14,931 14,931
WALMART INC 4.0% DUE 04-15-2030 29,363 29,363
WALMART INC 4.05% DUE 06-29-2048 REG 8,226 8,226
WALMART INC 4.1% DUE 04-15-2033 28,587 28,587
WALMART INC 4.15% 09-09-2032 9,632 9,632
WALMART INC 4.5% DUE 04-15-2053 26,146 26,146
WARNERMEDIA HLDGS INC 5.141% 03-15-2052 29,862 29,862
WARNERMEDIA HLDGS INC SR NT 3.755% 03-15-2027 19,268 19,268
WARNERMEDIA HLDGS INC SR NT 4.054% 03-15-2029 23,268 23,268
WARNERMEDIA HLDGS INC SR NT 4.279% 03-15-2032 22,037 22,037
WARNERMEDIA HLDGS INC SR NT 5.391% 03-15-2062 14,767 14,767
WARNERMEDIA HOLDINGS INC. 5.05% 03-15-2042 16,110 16,110
WASTE CONNECTIONS 2.6% DUE 02-01-2030 8,944 8,944
WASTE CONNECTIONS FIXED 2.95% DUE 01-15-2052 6,249 6,249
WASTE CONNECTIONS INC 4.2% DUE 01-15-2033 BEO 13,945 13,945
WASTE CONNECTIONS INC 5.0% 03-01-2034 9,766 9,766
WEC ENERGY GROUP INC 5.6% 09-12-2026 7,089 7,089
WELLS FARGO & CO 2.572% 02-11-2031 26,458 26,458
WELLS FARGO & CO 3% DUE 10-23-2026 38,783 38,783
WELLS FARGO & CO 3.068% 04-30-2041 32,785 32,785
WELLS FARGO & CO 3.196% 06-17-2027 24,420 24,420
WELLS FARGO & CO 4.611% 04-25-2053 33,496 33,496
WELLS FARGO & CO 4.808% 07-25-2028 29,892 29,892
WELLS FARGO & CO MEDIUM TERM 5.013% 04-04-2051 44,446 44,446
WELLS FARGO & CO MEDIUM TERM SR NTS 6.491% 10-23-2034 21,250 21,250
WELLS FARGO & CO MEDIUM TERM SR NTS BOOK3.526% 03-24-2028 38,790 38,790
WELLS FARGO & CO NEW 5.95% DUE 12-15-2036 BEO 30,078 30,078
WELLS FARGO & COMPANY 4.897% 07-25-2033 28,968 28,968
WELLS FARGO & COMPANY 5.198% 01-23-2030 55,122 55,122
WELLS FARGO & COMPANY 5.389% 04-24-2034 19,782 19,782
WELLS FARGO & COMPANY 5.499% 01-23-2035 29,914 29,914
WELLS FARGO & COMPANY 5.557% 07-25-2034 19,969 19,969
WELLS FARGO & COMPANY 5.574% 07-25-2029 30,463 30,463
WELLS FARGO & COMPANY 5.707% 04-22-2028 55,912 55,912
WELLS FARGO AND COMPANY 5.211% 12-03-2035 24,330 24,330
WELLTOWER INC 2.7% DUE 02-15-2027 9,609 9,609
WELLTOWER INC 2.8% DUE 06-01-2031 BEO 8,704 8,704
WELLTOWER INC 4.95% DUE 09-01-2048 8,994 8,994
WELLTOWER INC FIXED 4.25% DUE 04-15-2028 14,684 14,684
WI ELEC PWR CO 4.75% DUE 09-30-2032 9,861 9,861
WILLIAMS COMPANIES INC 4.9% 03-15-2029 19,852 19,852
WILLIAMS COMPANIES INC 5.15% 03-15-2034 14,585 14,585
WILLIAMS COMPANIES INC 5.4% DUE 03-02-2026 15,102 15,102
WILLIAMS COS INC 5.65% 03-15-2033 50,456 50,456
WILLIAMS COS INC 5.8% 11-15-2054 14,694 14,694
WILLIAMS PARTNERS 3.75% DUE 06-15-2027 14,623 14,623
WILLIAMS PARTNERS FIXED 4.85% DUE 03-01-2048 21,318 21,318
WILLIS N AMER INC FIXED 4.65% DUE 06-15-2027 9,975 9,975
WILLIS NORTH AMERICA INC 2.95% DUE 09-15-2029 9,094 9,094
WILLIS NORTH AMERICA INC 5.9% 03-05-2054 9,871 9,871
WILLIS NORTH AMERICA INC SR NT 5.35% 05-15-2033 9,938 9,938
WISCONSIN ELEC PWR CO 5.0% 05-15-2029 10,069 10,069
WISCONSIN ELEC PWR CO 5.05% 10-01-2054 9,101 9,101
WISCONSIN ELECTRIC POWER CO 4.6% 10-01-2034 9,538 9,538
WISCONSIN PWR & LT CO 3.95% 09-01-2032 9,242 9,242
WORKDAY INC 3.7% 04-01-2029 9,510 9,510
WORKDAY INC SR NT 3.5% 04-01-2027 9,747 9,747
WORKDAY INC SR NT 3.8% 04-01-2032 9,106 9,106
WRKCO INC 3% DUE 06-15-2033 12,599 12,599
WRKCO INC CORP BOND 4.9% 03-15-2029 19,874 19,874
WRKCO INC FIXED 4.2% DUE 06-01-2032 9,318 9,318
XCEL ENERGY INC 5.45% 08-15-2033 29,744 29,744
NISOURCE INC 6.375% 03-31-2055 9,955 9,955
BBCMS MTG TR 5.829% DUE 05-15-2057 146,126 146,126
CMO BANK5 SR 24-5YR7 CL A3 5.769% 06-15-2057 153,439 153,439
CMO BBCMS MTG TR 2021-C12 SR 21-C12 CL A5 2.689% DUE 11-15-2054 REG 85,575 85,575
CMO BBCMS MTG TR SR 24-C28 CL A5 5.403% 09-15-2057 101,248 101,248
CMO CSAIL COML MTG TR 2018-CX11 VAR RT 04-01-2051 97,185 97,185
CMO MORGAN STANLEY BAML TRUST SR 2017-C34 CL A-4 3.536% DUE 10-15-2026 95,722 95,722
CMO WELLS FARGO COML MTG TR SER 2019-C54 CL A4 3.146% 12-15-2052 136,538 136,538
DBJPM 2020-C9 1.926% DUE 08-15-2053 126,599 126,599
JPMCC COML MTG 3.6483% DUE 12-15-2049 194,330 194,330
AMERICAN EXPRESS CREDIT ACCOUNT MAS SER 23-4 CL A 5.15% DUE 09-16-2030 101,742 101,742
CAP 1 PRIME AUTO 4.62% DUE 07-16-2029 25,028 25,028
CAPITAL ONE MULTI-ASSET EXECUTION SR 24-A1 CL A 3.92% 09-17-2029 98,276 98,276
FORD CR AUTO OWNER 4.07% DUE 07-15-2029 99,000 99,000
GM FINANCIAL CONSUMER AUTOMOBILE SER 2024-1 CL A3 4.85% 12-18-2028 100,511 100,511
JOHN DEERE OWNER TR 2023 ASSET BACKED NTCL A-4 5.01% 12-17-2029 50,271 50,271
VERIZON MASTER TR 4.17% 08-20-2030 24,757 24,757
VERIZON MASTER TRUST SR 24-8 CL A1A 4.62% 11-20-2030 24,974 24,974

TY 2024 InvestmentsCorpStockSchedule
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Name of Stock End of Year Book Value End of Year Fair Market Value
AMPOL LTD NPV 27,306 27,306
ANZ GROUP HOLDINGS LTD NPV 400,627 400,627
ARISTOCRAT LEISURE NPV 181,151 181,151
ASX LTD NPV 51,375 51,375
BHP GROUP LIMITED 1,106,071 1,106,071
BLUESCOPE STEEL NPV 27,414 27,414
BRAMBLES LTD NPV 129,750 129,750
CAR GROUP LIMITED NPV 60,232 60,232
COCHLEAR LTD NPV 94,586 94,586
COLES GROUP LTD 102,993 102,993
COMMONWEALTH BANK OF AUSTRALIA NPV 1,414,352 1,414,352
COMPUTERSHARE LTD NPV 87,465 87,465
CSL LTD NPV 750,361 750,361
DEXUS PROPERTY GROUP NPV 23,871 23,871
ENDEAVOUR GROUP LT NPV 26,025 26,025
FORTESCUE LTD NPV 144,170 144,170
GOODMAN GROUP NPV 284,150 284,150
INSURANCE AUSTRALIA GROUP LTD 97,102 97,102
JAMES HARDIE INDUSTRIES PLC 100,753 100,753
LOTTERY CORPORATIO NPV 51,290 51,290
MACQUARIE GP LTD NPV 375,199 375,199
MEDIBANK PRIVATE L NPV 48,687 48,687
NATL AUSTRALIA BK NPV 535,304 535,304
NORTHERN STAR RESOURCES LTD 82,768 82,768
ORICA LIMITED NPV 26,916 26,916
ORIGIN ENERGY LTD NPV 90,932 90,932
PRO MEDICUS NPV 69,688 69,688
QBE INS GROUP NPV 134,557 134,557
RAMSAY HEALTH CARE NPV 25,855 25,855
REA GROUP LIMITED NPV 59,804 59,804
REECE LTD 20,591 20,591
RIO TINTO LIMITED NPV 211,194 211,194
SCENTRE GROUP 83,119 83,119
SEEK LIMITED NPV 32,784 32,784
SGH LTD NPV 31,261 31,261
SONIC HEALTHCARE NPV 41,072 41,072
SOUTH32 LTD NPV 74,569 74,569
SUNCORP GROUP LTD NPV 112,828 112,828
TELSTRA GROUP LTD NPV 66,012 66,012
TREASURY WINE ESTA NPV 30,634 30,634
VICINITY CENTRES NPV 33,076 33,076
WASHINGTON H SOUL NPV 32,671 32,671
WESFARMERS LTD NPV 378,616 378,616
WESTPAC BKG CORP NPV 522,045 522,045
WOODSIDE ENERGY NPV 226,182 226,182
WOOLWORTHS GRP LTD NPV 185,645 185,645
XERO LIMITED NPV 99,459 99,459
ERSTE GROUP BANK AG NPV 156,731 156,731
OMV AG NPV 30,662 30,662
VERBUND AG CLASS'A'NPV 32,473 32,473
VOESTALPINE AG NPV 13,381 13,381
AGEAS NPV 41,717 41,717
ANHEUSER-BUSCH INB NPV 61,604 61,604
ARGEN X SE 277,721 277,721
DIETEREN GROUP 19,303 19,303
ELIA GROUP NPV 12,173 12,173
GPE BRUXELLES LAM NPV 30,504 30,504
KBC GROEP NV NPV 116,474 116,474
LOTUS BAKERIES NPV 44,651 44,651
SOFINA SA NPV 18,545 18,545
SYENSQO SA NPV 29,080 29,080
UCB NPV 189,669 189,669
WAREHOUSES DE PAUW NPV 23,157 23,157
BROOKFIELD BUSINESS CORP 9,340 9,340
BROOKFIELD INFRASTRUCTURE CORP NEW EXCHANGEABLE SUB VOTING SHS CL A 118,270 118,270
BROOKFIELD RENEWABLE CORP NEW CL A EXCHANGEABLE SUB VOTING SHS 92,744 92,744
NOVAGOLD RES INC COM NEW 12,028 12,028
RB GLOBAL INC COM NPV 411,267 411,267
A.P. MOLLER-MAERSK SER'A'DKK1000 38,458 38,458
A.P. MOLLER-MAERSK SER'B'DKK1000 61,165 61,165
CARLSBERG SER'B'DKK20 72,530 72,530
COLOPLAST SER'B'DKK1 109,279 109,279
DANSKE BANK A/S DKK10 154,806 154,806
DSV A S DKK1 344,373 344,373
GENMAB AS DKK1 103,416 103,416
NOVO NORDISK A/S SER'B'DKK0.1 2,234,920 2,234,920
NOVONESIS (NOVOZYMES) B 158,288 158,288
PANDORA A/S DKK0.01 121,247 121,247
ROCKWOOL A/S SER'B'DKK10 26,577 26,577
TRYG A/S DKK5 56,568 56,568
VESTAS WIND SYSTEM DKK0.20 110,724 110,724
ZEALAND PHARMA A/S 50,372 50,372
ELISA OYJ NPV 40,514 40,514
FORTUM OYJ EUR3.40 33,797 33,797
KESKO OYJ SER'B'EUR2 33,810 33,810
KONE CORPORATION NPV ORD 'B' 124,591 124,591
METSO OYJ 45,211 45,211
NOKIA OYJ EUR0.06 177,838 177,838
ORION CORPORATION SER'B'NPV 25,693 25,693
SAMPO OYJ/SH CL COMMON STOCK 154,304 154,304
STORA ENSO OYJ SER'R'NPV 31,537 31,537
UPM-KYMMENE CORP NPV 114,825 114,825
ACCOR SA EUR3 51,145 51,145
AEROPORTS DE PARIS EUR3 26,256 26,256
AIR LIQUIDE(L') EUR5.50 836,502 836,502
AIRBUS SE EUR1 848,334 848,334
ALSTOM EUR7.0 58,202 58,202
AMUNDI EUR2.5 21,938 21,938
ARCELORMITTAL NPV 87,702 87,702
ARKEMA SA EUR10 23,001 23,001
AXA SA EUR2.29 575,153 575,153
BIOMERIEUX NPV 29,151 29,151
BNP PARIBAS EUR2 504,989 504,989
BOLLORE SE 28,835 28,835
BOUYGUES EUR1 36,853 36,853
BUREAU VERITAS EUR0.12 72,703 72,703
CANAL PLUS SA EUR0.25 14,041 14,041
CARREFOUR SA EUR2.50 41,515 41,515
CIE DE ST-GOBAIN EUR4 358,430 358,430
COVIVIO 18,480 18,480
CREDIT AGRICOLE SA EUR3 109,805 109,805
DANONE EUR0.25 327,921 327,921
DASSAULT AVIATION EUR0.80 26,342 26,342
DASSAULT SYSTEMES EUR0.10 174,869 174,869
EDENRED EUR2 64,176 64,176
EIFFAGE EUR4 42,372 42,372
ENGIE COMSTK 218,144 218,144
ESSILORLUXOTTICA EUR 0.18 645,772 645,772
EURAZEO SE NPV 18,254 18,254
EUROFINS SCIENTIFI EUR0.01 53,920 53,920
EURONEXT EUR1.60 59,212 59,212
GECINA SA EUR7.50 23,134 23,134
GETLINK SE 31,712 31,712
HERMES INTL NPV 680,454 680,454
IPSEN SA EUR1 23,270 23,270
KERING 143,831 143,831
KLEPIERRE EUR1.40 33,335 33,335
LOREAL EUR0.20 684,608 684,608
LA FRANCAISE DES EUR0.40 25,784 25,784
LEGRAND SA EUR4 192,322 192,322
LOUIS HACHETTE GR EUR0.2 6,068 6,068
LVMH MOET HENNESSY EUR0.30 1,612,248 1,612,248
MICHELIN (CGDE) EUR0.50 (POST SUBDIVISION) 174,918 174,918
ORANGE EUR4 139,866 139,866
PERNOD RICARD NPV EUR 1.55 172,352 172,352
PUBLICIS GROUPE SA EUR0.40 183,982 183,982
RENAULT SA EUR3.81 50,425 50,425
REXEL EUR5 31,026 31,026
SAFRAN SA EUR0.20 641,977 641,977
SANOFI EUR2 120,073 120,073
SARTORIUS STEDIM B EUR0.20 30,678 30,678
SEB SA EUR1.00 14,859 14,859
SOCIETE GENERALE EUR1.25 164,470 164,470
SODEXHO EUR4 39,210 39,210
STMICROELECTRONICS EUR1.04 151,600 151,600
TELEPERFORMANCE SOCIETE EUROPEENNE 35,289 35,289
THALES SA EUR3 106,243 106,243
TOTALENERGIES SE 960,113 960,113
VEOLIA ENVIRONNEME EUR5 127,336 127,336
VINCI EUR2.50 460,116 460,116
VIVENDI SE EUR5.50 10,340 10,340
CONSTELLIUM SE (FRANCE) EUR0.02 CLASS A 19,698 19,698
ADIDAS AG 299,397 299,397
ALLIANZ SE NPV(REGD)(VINKULIERT) 1,069,045 1,069,045
BAYERISCHE MOTOREN WERKE A G COM 204,051 204,051
BECHTLE AG NPV 14,202 14,202
BEIERSDORF AG EUR1 99,768 99,768
BRENNTAG SE NPV 58,676 58,676
CARL ZEISS MEDITEC NPV 5,185 5,185
CONTINENTAL AG ORD NPV 57,791 57,791
COVESTRO AG NPV 84,032 84,032
COVESTRO AG NPV ASD 27/11/2024 ADNOC INT CASH 74,593 74,593
DAIMLER TRUCK HOLD NPV 147,329 147,329
DEUTSCHE BANK AG NPV(REGD) 255,377 255,377
DEUTSCHE BOERSE AG NPV(REGD) 329,552 329,552
DEUTSCHE LUFTHANSA ORD NPV (REGD)(VINK) 29,930 29,930
DEUTSCHE POST AG NPV(REGD) 319,667 319,667
DEUTSCHE TELEKOM NPV(REGD) 816,666 816,666
EVONIK INDUSTRIES NPV 23,890 23,890
FRESENIUS MEDICAL CARE AG 50,575 50,575
FRESENIUS SE&KGAA NPV 114,750 114,750
GEA GROUP AG NPV 60,114 60,114
HANNOVER RUECK SE ORD NPV(REGD) 117,986 117,986
HEIDELBERG MATERIALS AG 110,935 110,935
HENKEL AG & CO KGAA NPV(BR) 60,323 60,323
INFINEON TECHNOLOG ORD NPV (REGD) 378,178 378,178
KNORR BREMSE AG 28,411 28,411
LEG IMMOBILIEN SE 47,519 47,519
MERCEDES-BENZ GROUP AG 371,585 371,585
MERCK KGAA NPV 141,100 141,100
MTU AERO ENGINES A NPV (REGD) 140,041 140,041
MUENCHENER RUECKVE NPV(REGD) 528,099 528,099
NEMETSCHEK SE ORD NPV 30,143 30,143
PUMA SE NPV 38,999 38,999
QIAGEN NV ORD EUR0.01 (POST REV SPLT) 64,988 64,988
RATIONAL AG NPV 23,891 23,891
RHEINMETALL AG NPV 209,382 209,382
RWE AG NPV 142,222 142,222
SAP SE 2,275,849 2,275,849
SCOUT24 SE NPV 35,513 35,513
SIEMENS HEALTHINEE NPV 112,609 112,609
SYMRISE AG NPV (BR) 106,294 106,294
TALANX AG NPV 29,603 29,603
VONOVIA SE NPV 169,383 169,383
ZALANDO SE NPV 49,438 49,438
ORION S A COM NPV 13,469 13,469
SUPER GROUP SGHC LTD 13,824 13,824
AIA GROUP LTD NPV 88,422 88,422
BOC HONG KONG HLDG NPV 88,328 88,328
CK ASSET HOLDINGS LTD 41,066 41,066
CK HUTCHISON HLDGS HKD1 109,521 109,521
CK INFRASTRUCTURE HKD1 22,303 22,303
CLP HOLDINGS LTD NPV 88,267 88,267
GALAXY ENTERTAINME NPV 76,468 76,468
HANG SENG BANK NPV 70,113 70,113
HENDERSON LAND DEVELOPMENT HKD2 24,305 24,305
HONG KONG & CHINA GAS HKD0.25 59,158 59,158
HONG KONG EXCHANGES & CLEAR 345,352 345,352
LINK REAL ESTATE INVESTMENT TRUST UNITS 80,349 80,349
MTR CORP HKD1 36,631 36,631
POWER ASSETS HLDGS NPV 73,263 73,263
SANDS CHINA LTD USD0.01 50,582 50,582
SINO LAND CO NPV 24,254 24,254
SITC INTERNATIONAL HKD0.10 27,959 27,959
SUN HUNG KAI PROP NPV 91,295 91,295
SWIRE PACIFIC 'A' NPV 18,139 18,139
TECHTRONIC INDUSTR NPV 138,550 138,550
WH GROUP LTD USD0.0001 34,429 34,429
WHARF REAL ESTATE HKD0.1 20,453 20,453
WHARF(HLDGS) NPV 22,503 22,503
ADR FUTU HLDGS LTD SPONSORED ADS 24,077 24,077
HONGKONG LAND HLD ORD USD0.10(SINGAPORE REG) 26,700 26,700
JARDINE MATHESON HLDGS USD0.25(SINGAPORE REG) 45,067 45,067
AIB GROUP PLC ORD EUR0.625 78,362 78,362
BANK OF IRELAND GR ORD EUR1.00 72,539 72,539
KERRY GROUP 'AORD EUR0.125 116,742 116,742
ARDAGH METAL PACKAGING SA 6,441 6,441
BANK HAPOALIM B.M. ILS1 124,232 124,232
BK LEUMI LE ISRAEL ILS1 146,053 146,053
ELBIT SYSTEMS LTD ILS1 56,233 56,233
ICL GROUP LTD 30,787 30,787
ISRAEL DISCOUNT BK ILS0.10 68,455 68,455
NICE LTD ILS1 87,461 87,461
ADR TEVA PHARMACEUTICAL INDS 220,400 220,400
CHECK PT SOFTWARE TECHNOLOGIES ORDILS.01 134,051 134,051
CYBER-ARK SOFTWARE LTD COM ILS0.01 116,269 116,269
GLOBAL E ONLINE LTD COM NPV 43,951 43,951
MONDAY COM LTD COM NPV 78,402 78,402
WIX.COM LTD COM ILS0.01 85,820 85,820
AMPLIFON EUR0.02 17,241 17,241
BANCO BPM NPV 56,075 56,075
BPER BANCA NPV 50,884 50,884
DAVIDE CAMPARI MIL EUR0.01 20,645 20,645
DIASORIN ITALIA SPA 15,155 15,155
ENEL SPA EUR1 436,933 436,933
ENI SPA EUR1 250,897 250,897
FERRARI NV COM EUR0.01 420,635 420,635
FINECOBANK SPA EUR0.33 69,840 69,840
GENERALI NPV 217,010 217,010
INFRASTRUTTURE WIRELESS ITALIA SPA NPV 144A 18,375 18,375
INTESA SANPAOLO NPV 440,799 440,799
LEONARDO SPA NPV 81,867 81,867
MEDIOBANCA SPA EUR0.5 47,878 47,878
MONCLER SPA NPV 87,420 87,420
NEXI SPA NPV 24,704 24,704
POSTE ITALIANE SPA NPV 34,695 34,695
PRYSMIAN SPA EUR0.10 129,996 129,996
RECORDATI EUR0.125 42,808 42,808
SNAM NPV 67,283 67,283
STELLANTIS N.V COM EUR0.01 207,848 207,848
TELECOM ITALIA SPA NPV 16,728 16,728
TENARIS S.A. COMMON STOCK 47,546 47,546
TERNA SPA ORD EUR0.22 83,639 83,639
UNIPOL ASSICURAZIONI SPA NPV 39,564 39,564
CNH INDUSTRIAL NV COM STK 147,607 147,607
INTERNATIONAL GAME TECHNOLOGY COMMON STOCK 29,757 29,757
ADVANTEST CORP NPV 337,814 337,814
AEON CO LTD NPV 115,204 115,204
AGC INC NPV 44,143 44,143
AJINOMOTO CO INC NPV 151,899 151,899
ASAHI KASEI CORP NPV 68,820 68,820
ASICS CORP NPV 89,049 89,049
ASTELLAS PHARMA NPV 132,790 132,790
BANDAI NAMCO HOLDINGS INC 105,800 105,800
BRIDGESTONE CORP NPV 149,504 149,504
BROTHER INDUSTRIES NPV 22,313 22,313
CANON INC NPV 233,158 233,158
CAPCOM CO LTD NPV 68,525 68,525
CENTRAL JAPAN RLWY NPV 111,310 111,310
CHIBA BANK NPV 27,225 27,225
CHUBU ELECTRIC POWER CO INC NPV 36,868 36,868
CHUGAI PHARMACY CO. LTD NPV 227,125 227,125
CONCORDIA FINL GROUP LT 45,451 45,451
DAI-ICHI LIFE HOLD NPV 188,629 188,629
DAIFUKU CO LTD NPV 37,796 37,796
DAIICHI SANKYO COM NPV 124,612 124,612
DAIKIN INDUSTRIES NPV 237,465 237,465
DAITO TRUST CONST NPV 44,731 44,731
DAIWA HOUSE INDS NPV 136,009 136,009
DAIWA SECS GROUP INC 70,018 70,018
DENSO CORP NPV 201,498 201,498
DENTSU GROUP INC NPV 38,809 38,809
DISCO CORPORATION NPV 190,322 190,322
EAST JAPAN RAILWAY CO NPV 106,707 106,707
EISAI CO LTD NPV 52,336 52,336
ENEOS HOLDINGS INC 118,298 118,298
FANUC CORP NPV 191,270 191,270
FAST RETAILING CO LTD NPV 513,680 513,680
FUJI ELECTRIC HOLINDGS CO Y50 43,563 43,563
FUJIFILM HOLDINGS CORP NPV 178,967 178,967
FUJIKURA NPV 84,371 84,371
FUJITSU NPV 222,663 222,663
HANKYU HANSHIN HOLDINGS INC NPV 47,153 47,153
HIKARI TSUSHIN INC NPV 21,939 21,939
HITACHI CONSTRUCTION MACHINERY NPV 6,714 6,714
HITACHI NPV 1,034,602 1,034,602
HONDA MOTOR CO NPV 352,593 352,593
HOSHIZAKI CORP 19,929 19,929
HOYA CORP NPV 340,421 340,421
HULIC COMPANY LTD 17,434 17,434
IBIDEN CO LTD NPV 19,567 19,567
IDEMITSU KOSAN CO NPV 42,168 42,168
INPEX CORPORATION NPV 92,783 92,783
ISUZU MOTORS NPV 54,938 54,938
ITOCHU CORP NPV 528,246 528,246
JAPAN POST BANK CO NPV 91,290 91,290
JAPAN POST HOLD CO NPV 120,446 120,446
JAPAN POST INSURAN NPV 19,070 19,070
JAPAN REAL ESTATE INVESTMENT CO 24,030 24,030
JFE HOLDINGS INC NPV 43,027 43,027
KAJIMA CORP NPV 40,330 40,330
KAO CORP NPV 150,392 150,392
KAWASAKI KISEN KAISHA LTD NPV 37,082 37,082
KDDI CORP NPV 372,151 372,151
KEISEI ELEC RY CO NPV 18,954 18,954
KEYENCE CORP NPV 740,227 740,227
KIKKOMAN CORP NPV 58,316 58,316
KIRIN HOLDINGS CO NPV 75,618 75,618
KOBE BUSSAN CO LTD NPV 17,708 17,708
KOKUSAI ELECTRIC C NPV 10,373 10,373
KOMATSU NPV 190,984 190,984
KONAMI GROUP CORP NPV 65,920 65,920
KUBOTA CORP NPV 88,931 88,931
KYOCERA CORP NPV 85,211 85,211
KYOWA KIRIN CO LTD NPV 30,230 30,230
LY CORP NPV 46,968 46,968
M3 INC NPV 25,778 25,778
MAKITA CORP NPV 58,550 58,550
MARUBENI CORP NPV 162,890 162,890
MATSUKIYOCOCOKARA & CO 27,075 27,075
MAZDA MOTOR CORP NPV 20,683 20,683
MCDONALD'S HOLDING CO JAPAN 23,632 23,632
MEIJI HOLDINGS CO NPV 30,552 30,552
MINEBEA MITSUMI INC 45,779 45,779
MITSUBISHI CHEMICAL GROUP CORP NPV 36,637 36,637
MITSUBISHI CORP NPV 59,649 59,649
MITSUBISHI ELEC CP NPV 290,653 290,653
MITSUBISHI ESTATE CO LTD 120,414 120,414
MITSUBISHI HC CAP. NPV 35,803 35,803
MITSUBISHI HVY IND NPV 340,890 340,890
MITSUBISHI UFJ FIN NPV 1,020,727 1,020,727
MITSUI & CO LTD NPV 484,557 484,557
MITSUI CHEMICALS NPV 24,287 24,287
MITSUI FUDOSAN CO LTD NPV 162,427 162,427
MITSUI O.S.K.LINES NPV 77,104 77,104
MIZUHO FINANCIAL GROUP NPV 446,051 446,051
MONOTARO CO.LTD NPV 27,203 27,203
MS&AD INS GP HLDGS NPV 210,680 210,680
MURATA MANUFACTURING CO. NPV 206,832 206,832
NEC CORP NPV 157,139 157,139
NEXON CO LTD NPV 33,267 33,267
NINTENDO CO LTD NPV 542,306 542,306
NIPPON PAINT HLDGS NPV 46,890 46,890
NIPPON PROLOGIS RE REIT 17,020 17,020
NIPPON STEEL CORP 131,605 131,605
NIPPON TELEGRAPH & TELEPHONE CORP NPV 235,050 235,050
NIPPON YUSEN KABUSHIKI KAISHA NPV 100,655 100,655
NISSAN MOTOR CO NPV 57,725 57,725
NISSIN FOODS HOLDINGS CO LTD NPV 24,326 24,326
NITORI HOLDINGS NPV 71,144 71,144
NOMURA HOLDINGS NPV 116,738 116,738
NOMURA RESEARCH INSTITUTE NPV 85,970 85,970
NOMURA RL EST INC NPV 12,424 12,424
NTT DATA GROUP CORPORATION 92,543 92,543
OBAYASHI CORP NPV 63,925 63,925
ONO PHARMACEUTICAL NPV 24,961 24,961
ORACLE CORP JAPAN NPV 28,929 28,929
ORIENTAL LAND CO LTD NPV 178,547 178,547
ORIX CORP NPV 186,490 186,490
OSAKA GAS CO LTD NPV 61,644 61,644
OTSUKA CORP NPV 29,853 29,853
OTSUKA HOLDINGS CO LTD 175,108 175,108
PAN PACIFIC INTERNATIONAL HOLDINGS CORP 76,895 76,895
PANASONIC HOLDINGS CORP NPV 182,951 182,951
RAKUTEN GROUP INC NPV 62,302 62,302
RECRUIT HLDGS CO L NPV 936,078 936,078
RENESAS ELECTRONICS CORPORATION NPV 165,376 165,376
RESONA HOLDINGS NPV 100,497 100,497
RICOH CO LTD NPV 42,648 42,648
ROHM CO LTD NPV 23,630 23,630
SBI HLDGS INC NPV 55,742 55,742
SCREEN HOLDINGS CO LTD NPV 32,306 32,306
SCSK CORP NPV 16,956 16,956
SEIKO EPSON CORP NPV 32,934 32,934
SEKISUI CHEMICAL CO LTD NPV 41,461 41,461
SEKISUI HOUSE NPV 110,697 110,697
SEVEN & I HOLDINGS NPV 262,689 262,689
SG HOLDINGS CO LTD NPV 16,290 16,290
SHIMADZU CORP NPV 48,255 48,255
SHIMANO INC NPV 68,052 68,052
SHIN-ETSU CHEMICAL NPV 67,396 67,396
SHISEIDO CO LTD NPV 58,510 58,510
SHIZUOKA FINANCIAL NPV 23,375 23,375
SMC CORP NPV 197,824 197,824
SOFTBANK GROUP CORP 531,837 531,837
SOMPO HOLDINGS INC 191,325 191,325
SUBARU CORPORATION NPV 71,799 71,799
SUMCO CORPORATION NPV 17,313 17,313
SUMITOMO CORP NPV 170,135 170,135
SUMITOMO ELECTRIC NPV 96,230 96,230
SUMITOMO METAL MINING CO LTD NPV 36,783 36,783
SUMITOMO MITSUI TRUST GROUP IN NPV 119,809 119,809
SUMITOMO REALTY & DEVELOPMENT NPV 69,152 69,152
SUNTORY BEVERAGE & NPV 31,897 31,897
SUZUKI MOTOR CORP NPV 134,398 134,398
SYSMEX CORP NPV 68,663 68,663
T&D HOLDINGS INC NPV 70,253 70,253
TAISEI CORP NPV 50,692 50,692
TAKEDA PHARMACEUTICAL CO NPV 319,242 319,242
TERUMO CORP NPV 196,782 196,782
TIS INC 27,202 27,202
TOHO CO LTD NPV 27,410 27,410
TOKIO MARINE HOLDINGS INC NPV 535,770 535,770
TOKYO ELECTRON NPV 600,162 600,162
TOKYO GAS CO LTD NPV 63,954 63,954
TOKYU CORP NPV 27,926 27,926
TOPPAN HOLDINGS INC NPV 40,172 40,172
TORAY INDS INC NPV 66,274 66,274
TOTO LTD NPV 21,790 21,790
TOYOTA INDUSTRIES NPV 90,045 90,045
TOYOTA MOTOR CORP NPV 1,829,628 1,829,628
TOYOTA TSUSHO CORP NPV 73,777 73,777
TREND MICRO INC NPV 49,060 49,060
WEST JAPAN RAILWAY NPV 40,933 40,933
YAKULT HONSHA CO NPV 24,708 24,708
YAMAHA MOTOR CO NPV 49,152 49,152
YASKAWA ELEC CORP NPV 46,581 46,581
YOKOGAWA ELECTRIC NPV 32,432 32,432
ZENSHO HOLDINGS NPV 36,219 36,219
ZOZO INC 24,927 24,927
COUPANG INC 140,386 140,386
BORR DRILLING LIMITED 13,693 13,693
ABN AMRO BANK N.V. DR EACH REP SHS 53,225 53,225
ADYEN NV EUR0.01 244,034 244,034
AEGON LTD 52,579 52,579
AKZO NOBEL NV EUR0.50(POST REV SPLIT) 77,123 77,123
ASML HOLDING NV EUR0.09 2,260,888 2,260,888
ASR NEDERLAND NV EUR0.16 58,735 58,735
BE SEMICONDUCTOR INDUSTRIES NV EUR0.01 82,472 82,472
DSM FIRMENICH AG EUR0.01 141,867 141,867
EXOR NV EUR0.01 8,252 8,252
HAVAS N.V EUR0.2 4,847 4,847
IMCD NV EUR0.16 63,747 63,747
ING GROEP N.V. EUR0.01 389,923 389,923
INPOST S.A. EUR0.01 18,395 18,395
JDE PEETS N.V. 13,711 13,711
KON AHOLD DELHAIZE EUR0.01 230,147 230,147
KONINKLIJKE KPN 94,463 94,463
KONINKLIJKE PHILIP EUR0.20 162,512 162,512
NN GROUP N.V. EUR0.12 95,448 95,448
PROSUS N.V. EUR0.05 (N SHARES) 501,357 501,357
RANDSTAD N.V. EUR0.10 30,099 30,099
UNVL MUSIC GROUP EUR10.00 164,772 164,772
WOLTERS KLUWER EUR0.12 311,094 311,094
AERCAP HOLDINGS N.V. EUR0.01 143,550 143,550
COCA-COLA EUROPACIFIC PARTNERS 122,896 122,896
AUCKLAND INTL NPV 39,028 39,028
FISHER & PAYKEL ORD DEFD DELIVERY 82,849 82,849
MERCURY NZ LTD NPV 12,294 12,294
MERIDIAN ENERGY LT NPV 23,065 23,065
SPARK NEW ZEALAND LTD COM 16,137 16,137
AKER BP ASA NOK1 33,185 33,185
DNB ASA NOK 139,908 139,908
EQUINOR ASA NOK2.50 157,618 157,618
GJENSIDIGE FORSIKR NOK2 23,255 23,255
KONGSBERG GRUPPEN NOK1.25 65,255 65,255
MOWI ASA 60,119 60,119
NORSK HYDRO ASA NOK1.098 60,561 60,561
ORKLA ASA NOK1.25 45,731 45,731
SALMAR ASA NOK0.25 16,895 16,895
TELENOR ASA ORD NOK6 53,811 53,811
YARA INTERNATIONAL NOK1.7 28,816 28,816
FLEX LNG LTD USD 0.10 10,369 10,369
GOLAR LNG LIMITED 103,092 103,092
GALP ENERGIA SGPS EUR1 50,457 50,457
JERONIMO MARTINS EUR1 29,116 29,116
CAPITALAND ASCENDA NPV (REIT) 55,198 55,198
CAPITALAND INTEGRATED COMMERCIAL TRUST 60,693 60,693
CAPITALAND INVESTMENT LTD NPV 29,565 29,565
DBS GROUP HLDGS NPV 483,926 483,926
GENTING SING LTD NPV 22,263 22,263
KEPPEL LTD NPV 39,109 39,109
OVERSEA-CHINESE BANKING CORPORATION SGD0.5 311,974 311,974
SEMBCORP INDUSTRIE NPV 23,469 23,469
SINGAPORE AIRLINES NPV 54,760 54,760
SINGAPORE EXCHANGE NPV 53,231 53,231
SINGAPORE TECHNOLOGIES ENGINEERING 35,184 35,184
SINGAPORE TELECOMMUNICATIONS NEW COM STK 126,411 126,411
UTD O/S BANK NPV 252,994 252,994
WILMAR INTERNATIONAL LTD NPV 28,632 28,632
YANGZIJIANG SHIPBU NPV (SGD) 45,369 45,369
ADR SEA LTD ADR 295,913 295,913
GRAB HLDGS LTD 77,960 77,960
ACCIONA SA EUR1 18,347 18,347
AENA SME S.A. 144A EUR10 119,987 119,987
AMADEUS IT GROUP EUR0.01 239,688 239,688
BANCO BILBAO VIZCA EUR0.49 424,985 424,985
BANCO SANTANDER EUR0.50(REGD) 576,686 576,686
BCO DE SABADELL EUR0.125 82,696 82,696
CAIXABANK SA EUR1 148,451 148,451
CELLNEX TELECOM SA EUR0.25 126,120 126,120
ENDESA SA EUR1.2 44,929 44,929
FERROVIAL SE EUR0.01 165,306 165,306
GRIFOLS SA 15,213 15,213
IBERDROLA SA EUR0.75 749,122 749,122
REDEIA CORPORACION SA 37,315 37,315
REPSOL SA EUR1 114,743 114,743
TELEFONICA SA EUR1 106,387 106,387
NORDEA HOLDING ABP 268,285 268,285
ADDTECH AB SER'B'NPV 46,560 46,560
ALFA LAVAL AB NPV 94,703 94,703
ASSA ABLOY SER'B'NPV (POST SPLIT) 223,363 223,363
BEIJER REF AB SER'B'NPV 40,136 40,136
BOLIDEN AB NPV 41,365 41,365
EPIROC AB SER'A'NPV 86,523 86,523
EPIROC AB SER'B'NPV 39,990 39,990
EQT AB NPV 68,011 68,011
ERICSSON(LM)TEL SER'B'NPV 170,019 170,019
ESSITY AB SER'B'NPV 127,521 127,521
EVOLUTION AB NPV 108,672 108,672
FASTIGHETS AB BALD SER'B'NPV 24,793 24,793
GETINGE AB SER'B'NPV 20,227 20,227
HENNES & MAURITZ SER'B'NPV 41,130 41,130
HOLMEN AB SER'B'NPV 15,073 15,073
HUSQVARNA AB SER'B'NPV 9,861 9,861
INDUSTRIVARDEN AB SER'A'NPV 30,041 30,041
INDUSTRIVARDEN AB SER'C'NPV 27,203 27,203
INDUTRADE AB NPV 45,025 45,025
INVESTMENT AB SER'B'NPV 19,876 19,876
L E LUNDBERGFORETA SER'B'NPV 18,590 18,590
LIFCO AB SER'B'NPV 44,452 44,452
NIBE INDUSTRIER AB SER'B'NPV 38,989 38,989
SAAB AB NPV B 44,522 44,522
SAGAX AB SER'B'NPV 24,198 24,198
SANDVIK AB NPV 144,168 144,168
SECURITAS SER'B'NPV 32,809 32,809
SKAND ENSKILDA BKN SER'A'NPV 170,115 170,115
SKANSKA AB SER'B'NPV 53,977 53,977
SKF AB SER'B'NPV 34,458 34,458
SVENSKA CELLULOSA SER'B'NPV 50,642 50,642
SVENSKA HANDELSBANKEN SER'A'NPV (P/S) 99,108 99,108
SWEDBANK AB SER'A'NPV 110,284 110,284
SWEDISH ORPHAN BIOVITRUM AB NPV 30,134 30,134
TELE2 AB SER'B'NPV 28,535 28,535
TELIA COMPANY AB NPV 35,249 35,249
TRELLEBORG AB SER'B'NPV 48,005 48,005
VOLVO AB SER'A'NPV 26,337 26,337
VOLVO AB SER'B'NPV 343,904 343,904
SPOTIFY TECHNOLOGY S A COM EUR0.025 996,763 996,763
ABB LTD CHF0.12 (REGD) 762,649 762,649
ADECCO GROUP AG CHF0.1 (REGD) 27,313 27,313
ALCON INC 319,395 319,395
BALOISE HOLDING AG CHF0.10 (REGD) (VINKULIERT) 51,788 51,788
BARRY CALLEBAUT AG CHF62.2000 (REGD) 26,571 26,571
BKW AG CHF2.50 18,728 18,728
BQE CANT VAUDOISE CHF1 (REGD) 14,926 14,926
CLARIANT AG CHF1.76 (REGD) 12,926 12,926
COMP.FIN.RICHEMONT CHF1 (REGD) 728,416 728,416
EMS-CHEMIE HLDG AG CHF0.01 (REGD) 24,966 24,966
GALDERMA GROUP AG CHF0.01 74,404 74,404
GEBERIT AG CHF0.10 (REGD) 142,526 142,526
HELVETIA HOLDING AG 40,225 40,225
HOLCIM LTD CHF2 (REGD) 378,456 378,456
JULIUS BAER GRUPPE CHF0.02 (REGD) 104,277 104,277
KUEHNE&NAGEL INTL CHF1 (REGD) 83,235 83,235
LINDT & SPRUENGLI CHF10 (PTG CERT) 88,894 88,894
LINDT & SPRUENGLI CHF100 (REGD) 110,345 110,345
LOGITECH INTL CHF0.25 (REGD) 97,128 97,128
LONZA GROUP AG CHF1 (REGD) 321,628 321,628
NESTLE SA CHF0.10(REGD) 1,928,000 1,928,000
NOVARTIS AG CHF0.49 (REGD) 474,209 474,209
PARTNERS GROUP HLG CHF0.01 (REGD) 230,731 230,731
ROCHE HLDGS AG CHF1 (BR) 71,961 71,961
ROCHE HLDGS AG GENUSSCHEINE NPV 1,594,602 1,594,602
SANDOZ GROUP AG CHF0.05 126,491 126,491
SCHINDLER-HLDG AG CHF0.10 (PTG CERT) 84,549 84,549
SCHINDLER-HLDG AG CHF0.10 (REGD) 49,978 49,978
SGS SA CHF0.04 (REGD) 116,226 116,226
SIG GROUP AG 47,174 47,174
SONOVA HOLDING AG COMMON STOCK 129,473 129,473
STRAUMANN HLDG 109,932 109,932
SWATCH GROUP CHF2.25(BR) 28,221 28,221
SWISS LIFE HOLDINGS AG 166,746 166,746
SWISS PRIME SITE CHF18.80 (REGD) 63,450 63,450
SWISS RE AG CHF0.10 328,923 328,923
SWISSCOM AG CHF1(REGD) 109,111 109,111
TEMENOS AG CHF5 (REGD) 27,939 27,939
UBS GROUP AG USD0.10 (REGD) 896,325 896,325
ZURICH INSURANCE GROUP AG CHF0.10 680,746 680,746
ADR SUNRISE COMMUNICATIONS AG ADR SER A 44,889 44,889
3I GROUP ORD GBP0.738636 327,312 327,312
ADMIRAL GROUP ORD GBP0.001 56,657 56,657
ANGLO AMERICAN ORD USD0.54945 335,059 335,059
ANTOFAGASTA PLC ORD GBP0.05 59,182 59,182
ASHTEAD GROUP ORD GBP0.10 242,135 242,135
ASSOCD BRIT FOODS ORD GBP0.0568 64,708 64,708
ASTRAZENECA ORD USD0.25 1,636,406 1,636,406
AUTO TRADER GROUP ORD GBP0.01 69,481 69,481
AVIVA ORD GBP0.328947368 103,334 103,334
BAE SYSTEMS ORD GBP0.025 328,382 328,382
BARCLAYS PLC ORD GBP0.25 373,521 373,521
BERKELEY GROUP (THE)/ORD GBP0.05611047 32,725 32,725
BP ORD USD0.25 724,592 724,592
BT GROUP ORD GBP0.05 91,288 91,288
BUNZL PLC ORD GBP0.32142857 109,183 109,183
CENTRICA ORD GBP0.061728395 68,622 68,622
COCA-COLA HBC AG ORD (CDI) 58,406 58,406
COMPASS GROUP ORD GBP0.1105 458,776 458,776
CRODA INTL ORD GBP0.10609756 43,962 43,962
DCC ORD EUR0.25 (CDI) 34,311 34,311
ENDEAVOUR MINING P ORD USD0.01 17,633 17,633
ENTAIN PLC EUR0.01 29,598 29,598
EXPERIAN ORD USD0.10 298,694 298,694
GLENCORE PLC ORD USD0.01 62,982 62,982
GSK PLC ORD GBP0.3125 75,852 75,852
HALEON PLC ORD GBP0.01 276,419 276,419
HALMA ORD GBP0.10 96,350 96,350
HARGREAVES LANSDOW ORD GBP0.004 36,854 36,854
HIKMA PHARMACEUTIC ORD GBP0.10 27,307 27,307
HSBC HLDGS ORD USD0.50(UK REG) 1,441,491 1,441,491
INFORMA PLC (GB) ORD GBP0.001 100,432 100,432
INTERCONTL HOTELS ORD GBP0.208521303 151,467 151,467
INTERTEK GROUP ORD GBP0.01 72,004 72,004
LAND SECURITIES GP ORD GBP0.106666666 27,852 27,852
LEGAL & GENERAL GP ORD GBP0.025 129,165 129,165
LLOYDS BANKING GP ORD GBP0.1 52,765 52,765
LONDON STOCK EXCHANGE GROUP ORD GBP0.06918604 528,445 528,445
M&G PLC ORD GBP0.05 36,839 36,839
MARKS & SPENCER GROUP ORD GBP0.01 77,657 77,657
MELROSE INDUST PLC ORD GBP0.001 49,119 49,119
MONDI PLC ORD EUR0.22 35,455 35,455
NATIONAL GRID ORD GBP0.12431289 509,868 509,868
NATWEST GROUP PLC ORD GBP1.0769 252,183 252,183
NEXT ORD GBP0.10 107,415 107,415
PEARSON ORD GBP0.25 63,517 63,517
PERSIMMON ORD GBP0.10 31,553 31,553
PHOENIX GP HDGS PL ORD GBP0.10 24,099 24,099
PRUDENTIAL PLC GBP0.05 164,877 164,877
RECKITT BENCK GRP ORD GBP0.10 318,259 318,259
RELX PLC 755,781 755,781
RENTOKIL INITIAL ORD GBP0.01 83,311 83,311
RIO TINTO ORD GBP0.10 593,934 593,934
ROLLS ROYCE HLDGS ORD GBP0.20 456,295 456,295
SAINSBURY(J) ORD GBP0.28571428 30,503 30,503
SCHRODERS PLC ORD GBP0.20 21,476 21,476
SEGRO PLC ORD GBP0.10 74,171 74,171
SEVERN TRENT ORD GBP0.9789 63,857 63,857
SHELL PLC ORD EUR0.07 1,740,311 1,740,311
SMITH & NEPHEW PLC ORD USD0.20 81,799 81,799
SMITHS GROUP ORD GBP0.375 40,000 40,000
SPIRAX GROUP PLC ORD GBP0.269230769 33,997 33,997
SSE PLC ORD GBP0.50 165,509 165,509
STANDARD CHARTERED PLC SHS 202,334 202,334
TESCO ORD GBP0.0633333 240,685 240,685
THE SAGE GROUP PLC GBP0.01051948 120,529 120,529
UNILEVER PLC ORD GBP0.031111 1,265,575 1,265,575
UNITED UTILITIES GROUP ORD GBP0.05 70,230 70,230
VODAFONE GROUP ORD USD0.2095238 151,193 151,193
WHITBREAD ORD GBP0.76797385 43,685 43,685
WISE PLC CLS A ORD GBP0.01 58,462 58,462
WPP PLC ORD GBP0.10 73,479 73,479
#REORG/ARCH RES MERGER CORE NATURAL 241HAQ4 01-15-2025 36,858 36,858
#REORG/BALLYS CORPORATION MERGER 02-07-2025 6,351 6,351
#REORG/BARNES GROUP INC MERGER 01-27-2025 32,515 32,515
#REORG/CONSOL ENERGY CHANGE CORE NATURAL 241HAQ4 01-15-2025 46,299 46,299
#REORG/HEARTLAND MERGER UMB 2878743 02-03-2025 38,561 38,561
#REORG/INDEPENDENT MERGER SOUTHSTATE 2Y1PAK1 1-2-2025 32,580 32,580
#REORG/REVELYST INC MERGER 01-03-2025 16,595 16,595
#REORG/SUMMIT MATLS INC CL A MERGER 02-10-2025 90,726 90,726
#RERORG/OUTFRONT MEDIA INC REVERSE STOCK SPLIT OUTFRONT MEDIA 241GAR4 01-17- 39,671 39,671
10X GENOMICS INC CL A CL A 22,301 22,301
3M CO COM 393,466 393,466
5TH 3RD BANCORP COM 508,586 508,586
A-MARK PRECIOUS METALS INC COM 7,124 7,124
ABBOTT LAB COM 2,119,681 2,119,681
ABBVIE INC COM USD0.01 1,424,976 1,424,976
ABERCROMBIE & FITCH CO CL A CL A 111,355 111,355
ACADEMY SPORTS & OUTDOORS INC COM 60,234 60,234
ACADIA PHARMACEUTICALS INC COM 54,903 54,903
ACCEL ENTMT INC COM CL A-1 COM CL A-1 8,181 8,181
ACCENTURE PLC CLS A 373,601 373,601
ACUITY BRANDS INC COM 223,187 223,187
ACUSHNET HLDGS CORP COM 30,564 30,564
ADIENT PLC ADIENT PLC LTD COM 22,830 22,830
ADMA BIOLOGICS INC COM 110,961 110,961
ADT INC DEL COM 29,913 29,913
ADVANCE AUTO PTS INC COM 42,041 42,041
ADVANCED ENERGY INDS INC COM 117,480 117,480
AECOM 27,132 27,132
AFFIRM HLDGS INC CL A CL A 98,414 98,414
AGCO CORP COM 159,009 159,009
AGILON HEALTH INC COM 8,683 8,683
AGNC INVT CORP COM 101,476 101,476
AIR LEASE CORP CL A CL A 137,399 137,399
AIR PROD & CHEM INC COM 361,100 361,100
AIRBNB INC CL A COM USD0.0001 CL A 316,830 316,830
ALBANY INTL CORP NEW CL A 37,026 37,026
ALBEMARLE CORP COM 105,018 105,018
ALBERTSONS COS INC CL A CL A 203,628 203,628
ALIGN TECHNOLOGY INC COM 109,051 109,051
ALIGNMENT HEALTHCARE INC COM 16,684 16,684
ALKERMES PLC SHS 146,849 146,849
ALLEGIANT TRAVEL CO COM 21,648 21,648
ALLEGRO MICROSYSTEMS INC DEL COM 40,069 40,069
ALLETE INC COM NEW 55,793 55,793
ALLIANT ENERGY CORP COM 376,012 376,012
ALLISON TRANSMISSION HOLDING 141,018 141,018
ALLSTATE CORP COM 1,321,383 1,321,383
ALLY FINL INC COM 246,056 246,056
ALPHA METALLURGICAL RES INC COM 32,620 32,620
ALPHABET INC CAP STK USD0.001 CL C 6,012,191 6,012,191
ALPHABET INC CAPITAL STOCK USD0.001 CL A 8,057,176 8,057,176
AMAZON COM INC COM 14,758,146 14,758,146
AMER FINL GROUP INC OH COM STK 244,694 244,694
AMERESCO INC 11,223 11,223
AMERICAN AIRLINES INC COM USD1 170,274 170,274
AMERICAN AXLE & MFG HLDGS INC COM 9,928 9,928
AMERICAN EAGLE OUTFITTERS INC NEW COM 45,042 45,042
AMERICAN EXPRESS CO 1,162,823 1,162,823
AMERICAN HEALTHCARE REIT INC COM 34,672 34,672
AMERICAN HOMES 4 RENT COMMON STOCK 298,125 298,125
AMERICAN INTERNATIONAL GROUP INC COM 299,936 299,936
AMERIPRISE FINL INC COM 372,701 372,701
AMETEK INC NEW COM 1,205,759 1,205,759
AMGEN INC COM 1,454,892 1,454,892
AMICUS THERAPEUTICS INC COM 40,939 40,939
AMKOR TECHNOLOGY INC COM 43,236 43,236
AMN HEALTHCARE SVCS INC COM 13,443 13,443
AMNEAL PHARMACEUTICALS INC COM 31,038 31,038
AMPHENOL CORP NEW CL A 838,331 838,331
ANALOG DEVICES INC COM 957,770 957,770
ANNALY CAPITAL MANAGEMENT INC COM NEW COM USD0.01(POST REV SPLT) 136,664 136,664
ANTERO MIDSTREAM CORPORATION COM USD1.00 76,340 76,340
ANTERO RES CORP COM 115,595 115,595
AON PLC 351,258 351,258
APELLIS PHARMACEUTICALS INC COM 49,748 49,748
APOGEE ENTERPRISES INC COM 23,137 23,137
APOLLO COML REAL ESTATE FIN INC COM 18,290 18,290
APOLLO GLOBAL MANAGEMENT INC COM USD0.00001 963,378 963,378
APPLE HOSPITALITY REIT INC COM NEW COM NEW 51,837 51,837
APPLE INC COM STK 25,721,139 25,721,139
APPLIED INDL TECHNOLOGIES INC COM 136,498 136,498
APPLIED MATERIALS INC COM 1,864,228 1,864,228
APPLIED THERAPEUTICS INC COM 1,219 1,219
APPLOVIN CORP COM CL A COM CL A 515,861 515,861
ARAMARK COM 230,538 230,538
ARBOR RLTY TR INC COM 37,783 37,783
ARCADIUM LITHIUM PLC COM USD1 139,018 139,018
ARCELLX INC COM 103,071 103,071
ARCH CAPITAL GROUP COM STK 624,101 624,101
ARCHER-DANIELS-MIDLAND CO COM 607,048 607,048
ARCHROCK INC COM 61,528 61,528
ARCOSA INC COM 69,556 69,556
ARDENT HEALTH PARTNERS INC COM 3,074 3,074
ARES MANAGEMENT LP COM SHS REPSTG LTD PARTNER 302,190 302,190
ARMSTRONG WORLD INDS INC NEW COM STK 91,723 91,723
ARVINAS INC COM 35,388 35,388
ASBURY AUTOMOTIVE GROUP INC COM 73,152 73,152
ASSURANT INC COM 275,267 275,267
ASSURED GUARANTY LTD COMMON STK 116,023 116,023
AST SPACEMOBILE INC CL A CL A 69,820 69,820
ASTERA LABS INC COM 43,576 43,576
ASTRANA HEALTH INC COM USD0.001 20,148 20,148
AT&T INC COM 1,183,607 1,183,607
ATI INC COM 94,779 94,779
ATKORE INC 45,397 45,397
ATLANTIC UN BANKSHARES CORP COM 50,191 50,191
ATMOS ENERGY CORP COM 519,895 519,895
ATMUS FILTRATION TECHNOLOGIES INC COM 48,662 48,662
AUTOMATIC DATA PROCESSING INC COM 1,752,282 1,752,282
AUTOZONE INC COM 630,794 630,794
AVEANNA HEALTHCARE HLDGS INC COM 3,542 3,542
AVIENT CORPORATION 54,671 54,671
AVIS BUDGET GROUP INC COM STK 20,717 20,717
AVISTA CORP COM ISIN # US05379B1070 42,491 42,491
AXALTA COATING SYSTEMS LTD COM USD1.00 112,447 112,447
AXON ENTERPRISE INC COM 235,351 235,351
AZZ INC COM 35,635 35,635
B & G FOODS INC COMMON STOCK 7,937 7,937
BAKER HUGHES CO 284,720 284,720
BALL CORP COM 172,557 172,557
BANC CALIF INC COM 31,832 31,832
BANK NEW YORK MELLON CORP COM STK 396,289 396,289
BANK NT BUTTERFIELD COM BMD1(POST REV SPLIT) 25,146 25,146
BANK OF AMERICA CORP 2,082,483 2,082,483
BANK OZK COM 70,625 70,625
BANKUNITED INC 42,178 42,178
BANNER CORP COM NEW COM NEW 33,986 33,986
BATH & BODY WORKS INC COM USD0.5 WI 130,190 130,190
BAXTER INTL INC COM 501,523 501,523
BEACON ROOFING SUPPLY INC COM 95,892 95,892
BEAZER HOMES USA INC COM NEW COM NEW 12,055 12,055
BELDEN INC COM 67,679 67,679
BELLRING BRANDS INC COM USD0.01 268,286 268,286
BERKLEY W R CORP COM 326,717 326,717
BERRY GLOBAL GROUP INC COM USD0.01 110,586 110,586
BEST BUY INC COM STK 112,398 112,398
BIOCRYST PHARMACEUTICALS INC COM 23,019 23,019
BIOMARIN PHARMACEUTICAL INC COM ISIN CH0008107010 312,743 312,743
BJS WHSL CLUB HLDGS INC COM 75,679 75,679
BK HAW CORP COM 41,248 41,248
BLACK HILLS CORP COM 59,515 59,515
BLACKSTONE INC COM USD0.00001 849,513 849,513
BLACKSTONE MTG TRU CL A 44,779 44,779
BLOCK H & R INC COM 139,339 139,339
BLOCK INC 517,164 517,164
BLOOM ENERGY CORP CL A CL A 65,453 65,453
BLOOMIN BRANDS INC COM 14,286 14,286
BLUE BIRD CORP COM 18,427 18,427
BLUE OWL CAP INC COM CL A 318,918 318,918
BLUELINX HLDGS INC COM NEW COM NEW 12,668 12,668
BOEING CO COM 1,227,849 1,227,849
BOISE CASCADE CO COM 69,771 69,771
BOK FINL CORP COM NEW 36,087 36,087
BOOKING HLDGS INC COM 1,967,494 1,967,494
BORG WARNER INC COM 107,609 107,609
BOSTON SCIENTIFIC CORP COM 2,035,513 2,035,513
BOYD GAMING CORP COM 74,354 74,354
BRANDYWINE RLTY TR SH BEN INT NEW REIT 14,062 14,062
BRIDGEBIO PHARMA INC COM 94,997 94,997
BRIGHTSPIRE CAP INC CL A 10,795 10,795
BRIGHTSPRING HEALTH SVCS INC COM 13,590 13,590
BRINKER INTL INC COM 86,385 86,385
BRISTOL MYERS SQUIBB CO COM 1,810,599 1,810,599
BRIXMOR PPTY GROUP INC COM 124,500 124,500
BROADCOM INC COM 8,808,761 8,808,761
BROADRIDGE FINL SOLUTIONS INC COM STK 184,942 184,942
BROOKDALE SR LIVING INC COM STK 14,260 14,260
BROWN & BROWN INC COM 176,393 176,393
BRUNSWICK CORP COM 65,197 65,197
BUCKLE INC COM 23,271 23,271
BUILDERS FIRSTSOURCE INC COM STK 94,620 94,620
BURLINGTON STORES INC COM 261,685 261,685
BXP INC 290,748 290,748
CADENCE BK COM 170,217 170,217
CALERES INC COM 11,742 11,742
CALIFORNIA RES CORP COM USD0.01 53,032 53,032
CAMPING WORLD HLDGS INC CL A CL A 13,238 13,238
CAPITAL ONE FINL CORP COM 471,300 471,300
CARDINAL HLTH INC 201,059 201,059
CARLYLE GROUP INC COM 260,831 260,831
CARMAX INC COM 191,891 191,891
CARNIVAL CORP COM PAIRED 173,543 173,543
CARPENTER TECHNOLOGY CORP COM 44,294 44,294
CARRIER GLOBAL CORPORATION COM USD0.01 WI 916,664 916,664
CARTER INC FORMERLY CARTER HLDGS INC TO 09/13/2003 COM 28,721 28,721
CARVANA CO CL A CL A 121,406 121,406
CASELLA WASTE SYS INC CL A COM STK 160,937 160,937
CASEYS GEN STORES INC COM 346,305 346,305
CATALYST PHARMACEUTICALS INC COM STK USD0.001 STK 72,711 72,711
CATHAY GENERAL BANCORP INC COM 49,134 49,134
CAVA GROUP INC COM 59,446 59,446
CBRE GROUP INC CL A CL A 280,304 280,304
CELSIUS HLDGS INC COM NEW COM NEW 116,897 116,897
CENCORA INC 260,629 260,629
CENTERPOINT ENERGY INC COM 474,332 474,332
CENTURY ALUM CO COM 14,248 14,248
CENTURY CMNTYS INC COM 30,371 30,371
CG ONCOLOGY INC COM 20,162 20,162
CHARLES RIV LABORATORIES INTL INC COM 126,451 126,451
CHART INDS INC COM PAR $0.01 COM PAR $0.01 192,176 192,176
CHARTER COMMUNICATIONS INC NEW CL A CL A 195,379 195,379
CHEESECAKE FACTORY INC COM 33,967 33,967
CHEMED CORP NEW COM 215,099 215,099
CHEMOURS CO COM 37,603 37,603
CHENIERE ENERGY INC COM NEW 621,189 621,189
CHEVRON CORP COM 2,348,291 2,348,291
CHIMERA INVT CORP COM PAR $0.01 NOV 2023 16,702 16,702
CHIPOTLE MEXICAN GRILL INC COM STK 500,490 500,490
CHORD ENERGY CORPORATION COM USD0.01 107,800 107,800
CHUBB LTD ORD CHF24.15 248,670 248,670
CHURCH & DWIGHT INC COM 457,478 457,478
CHURCHILL DOWNS INC COM 176,673 176,673
CISCO SYSTEMS INC 1,675,834 1,675,834
CITIGROUP INC COM NEW COM NEW 941,889 941,889
CITIZENS FINL GROUP INC COM 491,950 491,950
CIVITAS RES INC COM 113,758 113,758
CLEAN HBRS INC COM 320,355 320,355
CLEARWAY ENERGY INC CL C CL C 31,798 31,798
CLEVELAND CLIFFS USD0.125 64,634 64,634
CME GROUP INC COM STK 507,423 507,423
CMS ENERGY CORP COM 376,906 376,906
CNX RESOURCES CORPORATION COM 147,047 147,047
COGNEX CORP COM 117,047 117,047
COHERENT CORP COM 87,436 87,436
COINBASE GLOBAL INC COM CL A 297,712 297,712
COLGATE-PALMOLIVE CO COM 1,035,738 1,035,738
COLUMBIA BKG SYS INC COM 153,903 153,903
COLUMBIA SPORTSWEAR CO COM 41,713 41,713
COM ALCOA CORPORATION COM USD0.01 97,132 97,132
COMERICA INC COM 122,401 122,401
COMMERCIAL METALS CO COM 85,064 85,064
COMMSCOPE HLDG CO INC COM 16,292 16,292
COMMUNITY HEALTH SYS INC NEW COM 5,561 5,561
COMPOSECURE INC COM USD0.0001 CL A 5,595 5,595
COMSTOCK RES INC COM PAR $0.50 COM PAR $0.001 24,943 24,943
CONCENTRA GROUP HLDGS PARENT INC COM 32,241 32,241
CONOCOPHILLIPS COM 1,856,958 1,856,958
CORCEPT THERAPEUTICS INC OC-COM CORCEPT THERAPEUTICS 126,983 126,983
CORE & MAIN INC COM CL A COM CL A 230,470 230,470
CORNING INC COM 254,184 254,184
CORPAY INC COM 161,426 161,426
CORTEVA INC COM USD0.01 WI 278,079 278,079
CORVEL CORP COM 44,059 44,059
COSTAR GROUP INC COM 202,814 202,814
COSTCO WHOLESALE CORP NEW COM 3,459,836 3,459,836
COTERRA ENERGY INC COM 470,166 470,166
COTY INC COM CL A COM CL A 39,616 39,616
CRACKER BARREL OLD COUNTRY STORE COM 17,338 17,338
CREDIT ACCEP CORP MICH COM 79,808 79,808
CREDO TECHNOLOGY GROUP HOLDING LTD 216,416 216,416
CRESCENT ENERGY CO COM CL A COM CL A 56,862 56,862
CRH ORD EUR 0.32 443,633 443,633
CRINETICS PHARMACEUTICALS INC COM 128,848 128,848
CROWDSTRIKE HLDGS INC CL A CL A 428,384 428,384
CROWN CASTLE INC COM 111,544 111,544
CROWN HLDGS INC COM 144,294 144,294
CSX CORP COM STK 86,903 86,903
CURTISS WRIGHT CORP COM 319,738 319,738
CVB FINL CORP COM 42,028 42,028
CVS HEALTH CORP COM 1,315,501 1,315,501
CYTOKINETICS INC COMMON STOCK 132,418 132,418
DANA INC COM 22,369 22,369
DARDEN RESTAURANTS INC COM 122,655 122,655
DATADOG INC COM USD0.00001 CL A 309,214 309,214
DAVE & BUSTERS ENTMT INC COM 13,982 13,982
DAVITA INC COM 112,611 112,611
DELTA AIR LINES INC DEL COM NEW COM NEW 214,957 214,957
DENALI THERAPEUTICS INC COM 68,721 68,721
DESIGNER BRANDS INC COM CL A NPV 3,364 3,364
DEXCOM INC COM 396,316 396,316
DICKS SPORTING GOODS INC OC-COM OC-COM 70,712 70,712
DIGITAL RLTY TR INC COM 399,702 399,702
DILLARDS INC CL A COM 19,860 19,860
DIME CMNTY BANCSHARES INC NEW COM 16,167 16,167
DISCOVER FINL SVCS COM STK 302,460 302,460
DIVERSIFIED HEALTHCARE TR SHS OF BENEFICIAL INTEREST USD0.01 7,443 7,443
DOMINOS PIZZA INC COM 156,990 156,990
DONALDSON INC COM 200,636 200,636
DOORDASH INC CL A COM USD0.00001 CLASS A 320,906 320,906
DORMAN PRODS INC COM 50,395 50,395
DOUGLAS EMMETT INC COM REIT 44,396 44,396
DOW INC COM USD0.01 WI 861,591 861,591
DRAFTKINGS INC NEW CL A 108,624 108,624
DT MIDSTREAM INC COM USD0.01 WI 239,626 239,626
DUKE ENERGY CORP NEW COM NEW COM NEW 407,688 407,688
DUOLINGO INC CL A COM CL A COM 83,003 83,003
DUPONT DE NEMOURS INC COMMON STOCK 722,088 722,088
DUTCH BROS INC CL A CL A 144,202 144,202
DYCOM INDS INC COM 73,279 73,279
E L F BEAUTY INC COM 169,995 169,995
EAGLE MATLS INC COM 122,640 122,640
EAST WEST BANCORP INC COM 328,840 328,840
EASTMAN CHEM CO COM 159,445 159,445
EATON CORP PLC COM USD0.50 195,471 195,471
ECHOSTAR CORPORATION 68,654 68,654
EDISON INTL COM 760,476 760,476
EDWARDS LIFESCIENCES CORP COM 979,269 979,269
ELEMENT SOLUTION INC COM 84,936 84,936
ELEVANCE HEALTH INC 1,550,118 1,550,118
ELLINGTON FINL LLC 14,835 14,835
EMBECTA CORPORATION COM USD0.01 WI 17,738 17,738
EMCOR GROUP INC COM 82,610 82,610
EMPIRE ST RLTY TR INC CL A CL A 20,496 20,496
ENCOMPASS HEALTH CORP COM USD0.01 227,550 227,550
ENCORE CAP GROUP INC COM 16,624 16,624
ENERGIZER HLDGS INC NEW COM 37,158 37,158
ENERGY FUELS INC COM 14,056 14,056
ENERSYS COM 54,811 54,811
ENSIGN GROUP INC COM STK 181,620 181,620
ENTEGRIS INC COM 399,014 399,014
ENTERGY CORP NEW COM 804,753 804,753
ENVIRI CORPORATION COM USD1.25 9,040 9,040
ENVISTA HLDGS CORP COM 49,479 49,479
EPR PPTYS COM SH BEN INT COM SH BEN INT 49,372 49,372
EQT CORP COM 233,778 233,778
EQTY LIFESTYLE PPTYS INC REIT 335,398 335,398
EQUINIX INC COM PAR $0.001 543,105 543,105
EQUITABLE HLDGS INC COM 363,681 363,681
ESAB CORPORATION COM USD0.001 WI 168,276 168,276
ESSEX PPTY TR REIT 430,158 430,158
EVERGY INC COM NPV 341,172 341,172
EVERI HLDGS INC COM 15,820 15,820
EVERUS CONSTR GROUP INC COM 49,773 49,773
EVOLUS INC COM 9,042 9,042
EXELIXIS INC COM STK 236,497 236,497
EXELON CORP COM 333,189 333,189
EXPEDIA GROUP INC COM USD0.001 164,529 164,529
EXPEDITORS INTL WASH INC COM 369,086 369,086
F N B CORP PA COM 130,434 130,434
FEDERAL AGRIC MTG CORP CL C 26,785 26,785
FEDERAL SIGNAL CORP COM 136,830 136,830
FEDEX CORP COM 611,611 611,611
FERGUSON ENTERPRISES INC USD0.0001 369,704 369,704
FIDELITY NATL FINL INC NEW FORMERLY FIDELITY COMMON STOCK 343,801 343,801
FIDELITY NATL INFORMATION SVCS INC COM STK 275,830 275,830
FIRST AMERN FINL CORP COM STK 154,789 154,789
FIRST FINL BANCORP OHIO COM 37,605 37,605
FIRST FINL BANKSHARES INC COM 69,504 69,504
FIRST HAWAIIAN INC COM 49,331 49,331
FIRST INTERSTATE BANCSYS/MT 38,185 38,185
FIRST MERCHANTS CORP COM 34,465 34,465
FISERV INC COM 1,087,083 1,087,083
FIVE BELOW INC COM USD0.01 85,228 85,228
FLAGSTAR FINANCIAL INC 35,043 35,043
FLOOR & DECOR HLDGS INC CL A CL A 57,726 57,726
FLOWSERVE CORP COM 112,739 112,739
FLUOR CORP NEW COM 124,780 124,780
FMC CORP COM (NEW) 90,366 90,366
FOOT LOCKER INC COM 26,895 26,895
FORD MTR CO DEL COM PAR $0.01 COM PAR $0.01 220,998 220,998
FORESTAR GROUP INC COM 7,309 7,309
FORTIVE CORP COM MON STOCK 191,025 191,025
FORTREA HLDGS INC COM 24,898 24,898
FOX FACTORY HLDG CORP COM 18,979 18,979
FRANKLIN BSP REALTY TRUST INC 15,261 15,261
FRANKLIN ELEC INC COM 108,754 108,754
FRESHPET INC COM 216,537 216,537
FRKLN RES INC COM 157,998 157,998
FRONTDOOR INC COM 63,581 63,581
FTAI INFRASTRUCTURE INC COM 10,832 10,832
FULLER H B CO COM 54,794 54,794
FULTON FINL CORP PA COM 51,863 51,863
G-III APPAREL GROUP LTD COM 19,539 19,539
GALLAGHER ARTHUR J & CO COM 10,219 10,219
GAMING & LEISURE PPTYS INC COM 238,248 238,248
GAP INC COM 70,795 70,795
GARTNER INC COM 221,887 221,887
GATES INDL CORP PL COM USD0.01 62,903 62,903
GATX CORP COM 136,210 136,210
GE VERNOVA LLC COM 648,979 648,979
GEN MTRS CO COM 361,757 361,757
GENERAC HLDGS INC COM STK 104,039 104,039
GENPACT LIMITED COM STK USD0.01 236,869 236,869
GENTEX CORP COM 181,602 181,602
GENTHERM INC COM NPV 18,605 18,605
GENWORTH FINL INC COMMON STOCK 44,575 44,575
GEO GROUP INC(THE) COM USD0.01 NEW 86,934 86,934
GILEAD SCIENCES INC 1,352,851 1,352,851
GLACIER BANCORP INC NEW COM 140,917 140,917
GLAUKOS CORP COM 228,659 228,659
GLOBAL NET LEASE INC COM NEW COMN STOCK 21,710 21,710
GLOBAL PMTS INC COM 199,131 199,131
GMS INC COM 50,304 50,304
GODADDY INC CL A CL A 556,978 556,978
GOLDMAN SACHS GROUP INC COM 1,260,337 1,260,337
GOODYEAR TIRE & RUBBER CO COM 37,989 37,989
GRAFTECH INTL LTD COM 6,635 6,635
GRAINGER W W INC COM 319,377 319,377
GRANITE CONST INC COM 57,275 57,275
GRAPHIC PACKAGING HLDG CO COM STK 200,115 200,115
GREEN BRICK PARTNERS INC COM 26,042 26,042
GREENBRIER COS INC COM STK 27,750 27,750
GREIF INC. 22,614 22,614
GRIFFON CORP COM 39,697 39,697
GROCERY OUTLET HLDG CORP COM 22,588 22,588
GROUP 1 AUTOMOTIVE INC COM 83,032 83,032
GUARDANT HEALTH INC COM 90,123 90,123
H & E EQUIP SVCS INC COM 23,403 23,403
HALOZYME THERAPEUTICS INC COM 161,789 161,789
HANCOCK WHITNEY CORP 70,370 70,370
HANESBRANDS INC COM STK 42,605 42,605
HARLEY DAVIDSON COM USD0.01 54,415 54,415
HARROW INC 31,906 31,906
HAWAIIAN ELEC INDS INC COM 23,877 23,877
HAYWARD HLDGS INC COM 32,537 32,537
HECLA MNG CO COM 42,722 42,722
HEICO CORP NEW CL A CL A 376,068 376,068
HELIOS TECHNOLOGIES INC 22,008 22,008
HELMERICH & PAYNE INC COM 45,853 45,853
HERBALIFE LTD 9,901 9,901
HERC HLDGS INC COM 133,099 133,099
HERSHEY COMPANY COM STK USD1 468,930 468,930
HERTZ GLOBAL HLDGS INC NEW COM NEW 6,654 6,654
HESS CORP COM STK 264,025 264,025
HEWLETT PACKARD ENTERPRISE CO COM 193,303 193,303
HEXCEL CORP NEW COM 76,181 76,181
HIGHWOODS PPTYS INC COM 47,613 47,613
HILLENBRAND INC COM STK 32,042 32,042
HILLMAN SOLUTIONS CORP COM USD0.0001 CL A 28,353 28,353
HILTON WORLDWIDE HLDGS INC COM NEW COM NEW 709,349 709,349
HOME BANCSHARES INC COM 79,014 79,014
HOME DEPOT INC COM 993,480 993,480
HONEYWELL INTL INC COM STK 894,524 894,524
HOPE BANCORP INC COM 21,114 21,114
HOVNANIAN ENTERPRISES INC 9,903 9,903
HOWARD HUGHES HLDGS INC COM HOWARD HUGHES HLDG INC 35,614 35,614
HOWMET AEROSPACE INC COM USD1.00 WI 269,269 269,269
HUBBELL INC COM 271,860 271,860
HUMANA INC COM 152,480 152,480
HUNT J B TRANS SVCS INC COM 423,237 423,237
HUNTINGTON BANCSHARES INC COM 584,825 584,825
HUNTINGTON INGALLS INDS INC COM 188,025 188,025
HUNTSMAN CORP COM STK 43,975 43,975
IDACORP INC COM 82,506 82,506
IDEX CORP COM 374,211 374,211
IDEXX LABS INC COM 659,023 659,023
ILL TOOL WKS INC COM 523,855 523,855
ILLUMINA INC COM 148,463 148,463
IMMUNITYBIO INC COM USD0.0001 5,489 5,489
IMPINJ INC COM 145 145
INCYTE CORP COM 273,448 273,448
INDEPENDENT BK CORP MASS COM COM STK USD0.01 40,376 40,376
INFINERA CORP COM STK USD0.001 19,703 19,703
INGERSOLL RAND INC COM 806,360 806,360
INGEVITY CORP COM 22,005 22,005
INSMED INC COM PAR $.01 91,271 91,271
INSTALLED BLDG PRODS INC COM 62,214 62,214
INSULET CORP COM STK 306,235 306,235
INTEGRA LIFESCIENCES HLDG CORP COM DESP 22,725 22,725
INTERACTIVE BROKERS GROUP INC CL COM 428,248 428,248
INTERFACE INC COM 20,698 20,698
INTERNATIONAL BANCSHARES CORP COM 50,591 50,591
INTL PAPER CO COM 211,082 211,082
INTRA-CELLULAR THERAPIES INC COM 202,787 202,787
INTUITIVE SURGICAL INC COM NEW STK 1,287,153 1,287,153
INVESCO LTD COM STK USD0.20 95,301 95,301
IONIS PHARMACEUTICALS INC COM 81,632 81,632
IONQ INC COM 207,221 207,221
IPG PHOTONICS CORP COM 29,961 29,961
IQVIA HLDGS INC COM USD0.01 976,458 976,458
IRIDIUM COMMUNICATIONS INC COM STK 50,611 50,611
IRONWOOD PHARMACEUTICALS INC COM CL A 9,285 9,285
ITT INC COM 277,759 277,759
JACK IN THE BOX INC COM 12,117 12,117
JACOBS SOLUTIONS INC COM 392,976 392,976
JANUS INTL GROUP INC COM 15,450 15,450
JAZZ PHARMACEUTICALS PLC COM USD0.0001 188,789 188,789
JBT MAREL CORPORATION 59,864 59,864
JEFFERIES FINL GROUP INC COM 339,472 339,472
JELD-WEN HLDG INC COM 10,426 10,426
JOHNSON CTLS INTL PLC COM USD0.01 290,541 290,541
JONES LANG LASALLE INC COM STK 100,750 100,750
JPMORGAN CHASE & CO COM 5,005,864 5,005,864
KAISER ALUM CORP COM PAR $0.01 COM PAR $0.01 16,654 16,654
KB HOME COM 65,457 65,457
KEMPER CORP DEL COM 99,793 99,793
KENNAMETAL INC CAP 28,199 28,199
KENNEDY-WILSON HLDGS INC COM 16,833 16,833
KENVUE INC COM 1,227,049 1,227,049
KEURIG DR PEPPER INC COM 1,091,309 1,091,309
KEYCORP NEW COM 236,755 236,755
KILROY RLTY CORP COM 70,545 70,545
KIMBERLY-CLARK CORP COM 972,317 972,317
KINDER MORGAN INC DEL COM 926,038 926,038
KINETIK HOLDINGS INC CL A NEW 32,155 32,155
KINSALE CAP GROUP INC COM 241,402 241,402
KKR & CO INC CL A CL A 904,322 904,322
KNIFE RIV HLDG CO COM 85,581 85,581
KNIGHT-SWIFT TRANSN HLDGS INC CL A CLASSA COMMON STOCK USD0.01 195,771 195,771
KODIAK GAS SVCS INC COM 12,208 12,208
KOHLS CORP COM 38,470 38,470
KONTOOR BRANDS INC COM NPV WI 70,463 70,463
KOPPERS HLDGS INC COM 9,817 9,817
KOSMOS ENERGY LTD COM USD0.01 23,701 23,701
KROGER CO COM 283,125 283,125
LABCORP HLDGS INC COM 228,403 228,403
LADDER CAP CORP CL A CL A 18,822 18,822
LAMAR ADVERTISING CO NEW CL A CL A 250,054 250,054
LAMB WESTON HLDGS INC COM USD5 226,821 226,821
LATHAM GROUP INC COM 4,183 4,183
LATTICE SEMICONDUCTOR CORP COM 192,044 192,044
LAZARD INC COM USD0.01 139,820 139,820
LCI INDUSTRIES COM 38,048 38,048
LEAR CORP COM NEW COM NEW 79,737 79,737
LEGGETT & PLATT INC COM 19,046 19,046
LENNAR CORP CL B CL B 22,069 22,069
LENNOX INTL INC COM 296,120 296,120
LESLIES INC COM 5,936 5,936
LGI HOMES INC COM 27,714 27,714
LIBERTY GLOBAL LTD. COM USD0.01 CLASS C 66,081 66,081
LIBERTY GLOBAL LTD. COMMON STOCK 66,441 66,441
LIBERTY LATIN AMERICA LTD COM USD0.01 CLASS C 12,166 12,166
LIBERTY MEDIA CORP DEL COM LIBERTY FORMULA ONE SER C 450,328 450,328
LIFE TIME GROUP HLDGS INC COM 19,510 19,510
LIFESTANCE HEALTH GROUP INC COM 15,219 15,219
LIGAND PHARMACEUTICALS INCORPORATED CL BCOMMON STOCK 52,289 52,289
LINCOLN ELEC HLDGS INC COM 257,584 257,584
LINCOLN NATL CORP COM 80,480 80,480
LINDBLAD EXPEDITIONS HLDGS INC COM 6,215 6,215
LITHIA MTRS INC COM CL A 137,253 137,253
LITTELFUSE INC COM 143,040 143,040
LIVE NATION ENTERTAINMENT INC 142,580 142,580
LKQ CORP COM LKQ CORP 144,023 144,023
LOCKHEED MARTIN CORP COM 1,679,895 1,679,895
LOEWS CORP COM 377,633 377,633
LOWES COS INC COM 432,887 432,887
LPL FINL HLDGS INC COM 486,500 486,500
LULULEMON ATHLETICA INC COM 321,989 321,989
LUMEN TECHNOLOGIES INC 88,789 88,789
LUMENTUM HLDGS INC COM 83,530 83,530
LYFT INC CL A CL A 134,805 134,805
M / I HOMES INC 52,382 52,382
MACERICH CO REIT 63,923 63,923
MACYS INC COM STK 115,022 115,022
MADDEN STEVEN LTD COM 45,624 45,624
MAGNERA CORP COM 8,576 8,576
MAGNOLIA OIL & GAS CORP CL A CL A 59,970 59,970
MALIBU BOATS INC COM CL A COM CL A 11,277 11,277
MANNKIND CORP COM USD0.01(POST REV SPLIT) 46,245 46,245
MARAVAI LIFESCIENCES HLDGS INC CL A CL A 8,911 8,911
MARKEL GROUP INC 521,321 521,321
MARRIOTT INTL INC NEW COM STK CL A 783,264 783,264
MARRIOTT VACATIONS WORLDWIDE CORP COM 46,606 46,606
MARVELL TECHNOLOGY INC COM 1,198,603 1,198,603
MASCO CORP COM 238,320 238,320
MASTEC INC COM 212,242 212,242
MASTERCARD INC CL A 1,898,285 1,898,285
MATADOR RES CO COM 98,680 98,680
MATERION CORP COM 30,060 30,060
MATTEL INC COM STOCK 1.00 PAR 148,843 148,843
MC CORMICK & CO INC COM NON-VTG 478,101 478,101
MC DONALDS CORP COM 620,365 620,365
MCKESSON CORP 407,486 407,486
MDU RES GROUP INC COM 54,601 54,601
MEDICAL PPTYS TR INC COM REIT 34,985 34,985
MEDPACE HLDGS INC COM 209,969 209,969
MERCK & CO INC NEW COM 2,216,613 2,216,613
MERITAGE HOMES CORP COM 81,832 81,832
META PLATFORMS INC COM USD0.000006 CL 'A' 8,160,838 8,160,838
METTLER-TOLEDO INTL INC COM 673,024 673,024
MFA FINL INC 15,448 15,448
MGIC INVT CORP WIS COM 151,317 151,317
MGM RESORTS INTERNATIONAL COM 120,825 120,825
MICROSOFT CORP COM 42,150,000 42,150,000
MICROSTRATEGY INC CL A NEW CL A NEW 275,429 275,429
MIDDLEBY CORP COM 107,547 107,547
MINERALS TECHNOLOGIES INC COM 36,200 36,200
MKS INSTRS INC COM 164,623 164,623
MLP COMPASS DIVERSIFIED HLDGS FORMERLY COMP SH BEN INT 22,780 22,780
MLP VIPER ENERGY INC 135,826 135,826
MOLINA HEALTHCARE INC COM 570,749 570,749
MOLSON COORS BEVERAGE COMPANY COM USD0.01 CLASS B 239,483 239,483
MONDELEZ INTL INC COM 973,181 973,181
MONSTER BEVERAGE CORP NEW COM 519,556 519,556
MOODYS CORP COM 586,032 586,032
MORGAN STANLEY COM STK USD0.01 1,056,677 1,056,677
MORNINGSTAR INC COM STK 211,822 211,822
MOSAIC CO/THE 117,345 117,345
MOTOROLA SOLUTIONS INC 996,568 996,568
MP MATERIALS CORP COM USD0.0001 CL A 30,482 30,482
MR COOPER GROUP INC COM USD0.01 150,832 150,832
MSC INDL DIRECT INC CL A COM 51,088 51,088
MSCI INC COM USD0.01 279,605 279,605
MUELLER WTR PRODS INC COM STK 51,773 51,773
MURPHY OIL CORP COM 119,043 119,043
MYRIAD GENETICS INC COM 18,152 18,152
NABORS INDUSTRIES LTD SHS NEW 7,718 7,718
NASDAQ INC 545,499 545,499
NATERA INC COM 294,755 294,755
NATIONAL HEALTHCARE CORP COM 19,791 19,791
NATIONAL VISION HLDGS INC COM 12,014 12,014
NATL FUEL GAS CO COM 137,137 137,137
NAVIENT CORP COM 15,549 15,549
NELNET INC CL A CL A 22,430 22,430
NEOGENOMICS INC COM NEW COM NEW 31,114 31,114
NETFLIX INC COM STK 2,663,264 2,663,264
NEUMORA THERAPEUTICS INC COM 13,197 13,197
NEUROCRINE BIOSCIENCES INC COM 264,947 264,947
NEW JERSEY RES CORP COM 112,846 112,846
NEW YORK TIMES CO CL A ISIN #US6501111073 208,252 208,252
NEWELL BRANDS INC COM 61,652 61,652
NEWS CORP COM CL B 108,574 108,574
NEXTRACKER INC CL A COM USD0.0001 CL A 131,764 131,764
NIKE INC CL B 23,987 23,987
NOBLE CORPORATION PLC COM 64,213 64,213
NORDSTROM INC COM 36,032 36,032
NORFOLK SOUTHN CORP COM 344,540 344,540
NORTHERN OIL & GAS INC COM NEW 54,588 54,588
NORTHERN TR CORP COM 124,025 124,025
NORTHWESTERN ENERGY GROUP INC 48,809 48,809
NOV INC COM 85,790 85,790
NOVANTA INC NOVANTA INC 103,273 103,273
NOVAVAX INC 16,820 16,820
NRG ENERGY INC COM NEW 239,354 239,354
NVENT ELECTRIC PLC COM USD0.01 WI 307,606 307,606
NVIDIA CORP COM 20,145,514 20,145,514
O REILLY AUTOMOTIVE INC NEW COM USD0.01 863,262 863,262
O-I GLASS INC COM 24,867 24,867
OFG BANCORP COM 28,820 28,820
OGE ENERGY CORP COM 204,559 204,559
OLD DOMINION FREIGHT LINE INC COM 457,934 457,934
OLD NATL BANCORP IND COM 168,170 168,170
OLD REPUBLIC INTERNATIONAL CORP COM STK USD1 223,944 223,944
OLIN CORP COM 59,150 59,150
OLLIES BARGAIN OUTLET HLDGS INC COM 166,570 166,570
OMEGA HEALTHCARE INVS INC REIT 255,185 255,185
ON SEMICONDUCTOR CORP COM 188,835 188,835
ONEMAIN HLDGS INC COM 87,787 87,787
ONEOK INC COM STK 642,962 642,962
ORGANON & CO COM 95,219 95,219
ORMAT TECHNOLOGIES INC COM 90,000 90,000
OSHKOSH CORPORATION 153,823 153,823
OTIS WORLDWIDE CORP COM USD0.01 WI 303,390 303,390
OTTER TAIL CORP 45,190 45,190
OVINTIV INC COM USD0.01 265,478 265,478
OWENS CORNING NEW COM STK 182,583 182,583
OXFORD INDS INC COM 17,253 17,253
PAC PREMIER BANCORP COM 35,361 35,361
PACCAR INC COM 373,328 373,328
PACS GROUP INC COM 7,656 7,656
PACTIV EVERGREEN INC COM 10,465 10,465
PALANTIR TECHNOLOGIES INC CL A CL A 1,061,921 1,061,921
PAPA JOHNS INTL INC COM 20,206 20,206
PARAMOUNT GROUP INC COM 13,496 13,496
PARK HOTELS & RESORTS INC COM 43,589 43,589
PARKER-HANNIFIN CORP COM 929,876 929,876
PATRICK INDS INC COM 39,754 39,754
PATTERSON-UTI ENERGY INC COM 47,602 47,602
PAYCHEX INC COM 314,654 314,654
PAYPAL HLDGS INC COM 751,336 751,336
PEABODY ENERGY CORP NEW 39,221 39,221
PEDIATRIX MEDICAL GROUP INC 16,387 16,387
PENN ENTERTAINMENT INC 44,555 44,555
PENNANT GROUP INC 11,218 11,218
PENNYMAC MTG INVT TR COM REIT 16,203 16,203
PENSKE AUTOMOTIVE GROUP INC COM STK 41,921 41,921
PERMIAN RES CORP CL A 234,265 234,265
PERRIGO COMPANY LIMITED COM EUR0.001 86,437 86,437
PETCO HEALTH & WELLNESS CO INC CL A COM CL A COM 4,751 4,751
PHINIA INC COM USD0.01 WI 30,973 30,973
PINNACLE FINL PARTNERS INC COM 215,854 215,854
PINNACLE W. CAP CORP COM 238,712 238,712
PITNEY BOWES INC COM 17,217 17,217
PLAYAGS INC COM 6,584 6,584
PLUG PWR INC COM NEW 43,011 43,011
POLARIS INC 44,252 44,252
POOL CORP COM STK 189,563 189,563
PORTLAND GENERAL ELECTRIC CO COM NEW COMNEW 65,648 65,648
POST HLDGS INC COM STK 140,786 140,786
POWER INTEGRATIONS INC COM 51,705 51,705
PPG IND INC COM 611,226 611,226
PPL CORP COM ISIN US69351T1060 921,702 921,702
PRAXIS PRECISION MEDICINES INC COM NEW 19,625 19,625
PRESTIGE CONSUMER HEALTHCARE INC COM 120,493 120,493
PRICESMART INC COM STK 34,195 34,195
PRIMO BRANDS CORPORATION COM USD0.01 151,358 151,358
PRIMORIS SVCS CORP COM 60,432 60,432
PROCTER & GAMBLE COM NPV 1,923,448 1,923,448
PROLOGIS INC COM 128,531 128,531
PROSPERITY BANCSHARES INC COM 100,818 100,818
PRUDENTIAL FINL INC COM 841,444 841,444
PTC THERAPEUTICS INC COM 84,638 84,638
PURE STORAGE INC CL A CL A 131,522 131,522
PVH CORP COM USD1 87,455 87,455
QIAGEN NV ORD EUR0.01 247,720 247,720
QORVO INC COM 166,713 166,713
QUANTA SVCS INC COM 320,159 320,159
QUEST DIAGNOSTICS INC COM 202,303 202,303
RADNET INC COM STK 125,293 125,293
RALPH LAUREN CORP CL A CL A 138,588 138,588
RANGE RES CORP COM 127,261 127,261
RBC BEARINGS INC COM 214,483 214,483
READY CAP CORP 16,320 16,320
REALTY INCOME CORP COM 1,260,209 1,260,209
RED ROCK RESORTS INC CL A CL A 33,663 33,663
REDWOOD TR INC COM 12,734 12,734
REGAL REXNORD CORPORATION COM STK USD0.01 153,579 153,579
REGENCY CTRS CORP COM 338,304 338,304
REGIONS FINL CORP NEW COM 467,201 467,201
RELIANCE INC COM NPV 382,888 382,888
RENAISSANCE RE HLDGS LTD COM 348,832 348,832
RENASANT CORP COM 32,568 32,568
REPUBLIC SVCS INC COM 288,090 288,090
RESIDEO TECHNOLOGIES INC COM USD0.001 49,857 49,857
REVOLUTION MEDICINES INC COM 180,734 180,734
REYNOLDS CONSUMER PRODS INC COM 21,889 21,889
RH COM 87,377 87,377
RHYTHM PHARMACEUTICALS INC COM 83,074 83,074
RITHM CAPITAL CORP 82,850 82,850
RIVIAN AUTOMOTIVE INC 60,342 60,342
RLI CORP COM 169,280 169,280
RLJ LODGING TR L P COM REIT 23,044 23,044
ROBINHOOD MKTS INC COM CL A COM CL A 336,160 336,160
ROLLINS INC COM 305,586 305,586
ROSS STORES INC COM 407,824 407,824
ROYAL CARIBBEAN GROUP COM STK 301,512 301,512
ROYAL GOLD INC COM STK USD0.01 215,575 215,575
ROYALTY PHARMA PLC COM USD0.0001 CLASS A 272,804 272,804
RPM INTL INC 290,545 290,545
RUSH ENTERPRISES INC CL A CL A 49,366 49,366
RYAN SPECIALTY HOLDINGS INC CL A COM USD0.001 CL A 124,727 124,727
RYERSON HLDG CORP COM STOCK 7,700 7,700
S&P GLOBAL INC COM 1,557,838 1,557,838
S.W. AIRL CO COM 323,828 323,828
SABRA HEALTH CARE REIT INC COM 59,356 59,356
SAFEHOLD INC NEW COM 14,174 14,174
SALESFORCE INC COM USD0.001 1,651,256 1,651,256
SALLY BEAUTY HLDGS INC COM STK USD0.01 15,947 15,947
SANDY SPRING BANCORP INC CMT-COM CMT-COM 21,912 21,912
SAREPTA THERAPEUTICS INC COM 236,249 236,249
SAVERS VALUE VLG INC COM 3,547 3,547
SCHOLAR ROCK HLDG CORP COM 92,231 92,231
SCHWAB CHARLES CORP COM NEW 670,531 670,531
SCOTTS MIRACLE-GRO CLASS'A'COM NPV 41,993 41,993
SEALED AIR CORP NEW COM STK 73,411 73,411
SELECT MED HLDGS CORP COM 30,217 30,217
SELECTIVE INS GROUP INC COM 139,999 139,999
SEMTECH CORP COM 59,314 59,314
SENSATA TECHNOLOGIES B V HOLDING 61,075 61,075
SENSIENT TECHNOLOGIES CORP COM 44,466 44,466
SERVICE CORP INTL COM 169,857 169,857
SERVICE PROPERTIES TRUST COM SH BEN INT 6,205 6,205
SERVICENOW INC COM USD0.001 51,946 51,946
SERVISFIRST BANCSHARES INC COMMON STOCK 63,640 63,640
SHOE CARNIVAL INC COM 8,733 8,733
SIGNET JEWELERS LTD ORD USD0.18 6,376 6,376
SILGAN HLDGS INC COM 64,334 64,334
SIMMONS 1ST NATL CORP CL A $0.01 PAR CL A $0.01 PAR 40,767 40,767
SIMON PROPERTY GROUP INC COM 1,001,229 1,001,229
SITEONE LANDSCAPE SUPPLY INC COM 146,265 146,265
SKYWEST INC COM 97,627 97,627
SL GREEN RLTY CORP COM 65,747 65,747
SM ENERGY CO COM 65,659 65,659
SMUCKER J M CO COM NEW 286,422 286,422
SNOWFLAKE INC CL A CL A 269,137 269,137
SOFI TECHNOLOGIES INC COM 348,055 348,055
SOMNIGROUP INTERNATIONAL INC. COM USD0.01 141,895 141,895
SONIC AUTOMOTIVE INC CL A 13,620 13,620
SONOCO PROD CO COM 71,370 71,370
SOTERA HEALTH CO COM 30,739 30,739
SOUTHERN CO COM STK 30,458 30,458
SOUTHWEST GAS HLDGS INC COM 63,780 63,780
SPECTRUM BRANDS HLDGS INC COM USD0.01 34,134 34,134
SPIRE INC COM 57,045 57,045
SPIRIT AEROSYSTEMS HLDGS INC CL A 58,958 58,958
SPRINGWORKS THERAPEUTICS INC COM 77,390 77,390
SPROUTS FMRS MKT INC COM 316,277 316,277
SPYRE THERAPEUTICS INC COM NEW COM USD0.0001 POST REV SPLIT 11,943 11,943
ST JOE CO COM 23,993 23,993
STARWOOD PROPERTY TRUST INC COM REIT 88,478 88,478
STEEL DYNAMICS INC COM 93,423 93,423
STERIS PLC ORD USD0.001 684,309 684,309
STRYKER CORP 1,429,759 1,429,759
SUN COMMUNITIES INC COM 357,843 357,843
SUNNOVA ENERGY INTL INC COM 5,515 5,515
SURGERY PARTNERS INC COM 24,070 24,070
SYLVAMO CORP COM 41,090 41,090
SYNAPTICS INC COM 44,037 44,037
SYNDAX PHARMACEUTICALS INC COM 33,843 33,843
SYNOVUS FINL CORP COM NEW COM NEW 109,837 109,837
SYSCO CORP COM 633,242 633,242
T-MOBILE US INC COM 771,231 771,231
TAPESTRY INC COM USD0.01 223,233 223,233
TARGA RES CORP COM 627,785 627,785
TARSUS PHARMACEUTICALS INC COM 63,454 63,454
TAYLOR MORRISON HOME CORP COM USD0.00001 169,858 169,858
TECHNIPFMC PLC COM USD1 231,144 231,144
TECNOGLASS INC COMMON STOCK 26,334 26,334
TELADOC HEALTH INC 22,916 22,916
TELEDYNE TECHNOLOGIES INC COM 437,675 437,675
TELEPHONE & DATA SYS INC COM STK 49,801 49,801
TEREX CORP NEW COM 45,573 45,573
TESLA INC COM USD0.001 8,127,280 8,127,280
TEXAS CAP BANCSHARES INC DEL COM 53,645 53,645
TEXAS PAC LD CORP COM USD0.01 218,980 218,980
TFS FINL CORP COM STK 9,458 9,458
TG THERAPEUTICS INC COM 62,217 62,217
THE COOPER COMPANIES, INC. 125,209 125,209
THE HARTFORD INSURANCE GROUP INC COM USD0.01 94,303 94,303
THE TRADE DESK INC COM CL A COM CL A 540,873 540,873
THOR INDS INC COM STK 132,941 132,941
TIMKEN CO COM 68,801 68,801
TJX COS INC COM NEW 1,521,481 1,521,481
TKO GROUP HLDGS INC COM 137,705 137,705
TOAST INC COM USD0.000001 CLASS A 112,776 112,776
TOLL BROS INC COM 30,984 30,984
TOPGOLF CALLAWAY BRANDS CORP 16,514 16,514
TORO CO COM 124,796 124,796
TPG RE FINANCE TRUST INC COM 7,506 7,506
TRANE TECHNOLOGIES PLC COM USD1 461,318 461,318
TRANSOCEAN LTD 40,508 40,508
TRANSUNION COM 125,529 125,529
TRAVEL + LEISURE CO COM USD0.01 50,450 50,450
TRAVELERS COS INC COM STK 383,979 383,979
TREEHOUSE FOODS INC COM 24,872 24,872
TREX CO INC COM 186,243 186,243
TRI POINTE HOMES INC 49,495 49,495
TRIMBLE INC COM TRIMBLE INC 258,828 258,828
TRINITY IND INC COM 42,471 42,471
TRIUMPH GROUP INC NEW COM 20,265 20,265
TRONOX HOLDINGS PLC ORD USD0.01 17,713 17,713
TRUSTMARK CORP COM 31,868 31,868
TTM TECHNOLOGIES INC COM 37,001 37,001
TWO HBRS INVT CORP COM PAR $ 18,183 18,183
TXNM ENERGY INC COM NPV 65,544 65,544
U S PHYSICAL THERAPY COM 19,605 19,605
UBIQUITI INC COM 20,580 20,580
UDR INC COM STK 336,210 336,210
UGI CORP NEW COM 88,388 88,388
ULTA BEAUTY INC COM STK USD0.01 473,639 473,639
ULTRA CLEAN HLDGS INC COM 23,547 23,547
ULTRAGENYX PHARMACEUTICAL INC COM 89,441 89,441
UNDER ARMOR INC CL A 23,308 23,308
UNDER ARMOUR INC CL C COM 21,544 21,544
UNION PAC CORP COM 971,222 971,222
UNITED AIRLINES HOLDINGS INC COM USD0.01 242,847 242,847
UNITED BANKSHARES INC W VA COM 134,654 134,654
UNITED CMNTY BK BLAIRSVILLE GA COM 57,221 57,221
UNITED NAT FOODS INC COM 23,760 23,760
UNITED RENTALS INC COM 257,825 257,825
UNITED STS STL CORP NEW COM 112,983 112,983
UNITEDHEALTH GROUP INC COM 209,426 209,426
UNITI GROUP INC COM 19,481 19,481
UNUM GROUP 335,865 335,865
UNVL HEALTH SERVICES INC CL B COM 154,839 154,839
UPBOUND GRP INC COM USD0.01 23,161 23,161
UPSTART HLDGS INC COM 118,645 118,645
URBAN OUTFITTERS INC COM 52,026 52,026
US BANCORP 539,857 539,857
US FOODS HLDG CORP COM 364,554 364,554
V F CORP COM 112,043 112,043
VAIL RESORTS INC COM 106,097 106,097
VALARIS LTD COM USD0.40 41,099 41,099
VALMONT INDS INC COM 91,081 91,081
VEEVA SYS INC CL A COM CL A COM 216,347 216,347
VERISIGN INC COM 441,032 441,032
VERISK ANALYTICS INC COM USD0.001 320,050 320,050
VERIZON COMMUNICATIONS COM 1,101,405 1,101,405
VERTIV HOLDINGS LLC COM USD0.0001 224,266 224,266
VESTIS CORP COM 29,901 29,901
VIASAT INC COM 15,590 15,590
VICTORIAS SECRET & CO COM 48,130 48,130
VIRTUS INVT PARTNERS INC COM 22,058 22,058
VISA INC COM CL A STK 3,476,440 3,476,440
VISHAY INTERTECHNOLOGY INC COM STK 31,678 31,678
VISTEON CORP COM NEW COM NEW 35,843 35,843
VISTRA CORP COM USD0.01 261,815 261,815
VITAL ENERGY INC COM USD0.01(POST REV SPLIT) 13,110 13,110
VONTIER CORP COM USD0.0001 WI 84,027 84,027
VORNADO RLTY TR COM 109,935 109,935
VULCAN MATERIALS CO COM 769,375 769,375
WABASH NATL CORP COM 11,066 11,066
WABTEC CORP COM 626,785 626,785
WAFD INC COM STK USD1 31,885 31,885
WALGREENS BOOTS ALLIANCE INC COM 99,691 99,691
WALT DISNEY CO 1,480,955 1,480,955
WARNER BROS DISCOVERY INC 537,241 537,241
WATERS CORP COM 245,218 245,218
WATTS WTR TECHNOLOGIES INC 137,024 137,024
WAYFAIR INC CL A CL A 104,728 104,728
WEBSTER FNCL CORP WATERBURY CONN COM 233,801 233,801
WEIS MKT INC COM 16,456 16,456
WELLS FARGO & CO NEW COM STK 1,495,550 1,495,550
WELLTOWER INC COM REIT 419,050 419,050
WENDYS CO COM 41,956 41,956
WESBANCO INC COM 27,724 27,724
WESCO INTL INC COM 215,523 215,523
WEST PHARMACEUTICAL SVCS INC COM 610,244 610,244
WESTERN UNION CO 53,477 53,477
WESTLAKE CORPORATION COM USD0.01 57,325 57,325
WESTN DIGITAL CORP COM 135,718 135,718
WHIRLPOOL CORP COM 90,325 90,325
WILLIAMS CO INC COM 1,443,813 1,443,813
WILLIAMS SONOMA INC COM 129,811 129,811
WILLIS TOWERS WATSON PLC COM USD0.000115 668,767 668,767
WINNEBAGO INDS INC COM 19,972 19,972
WOLFSPEED INC COM USD0.00125 12,368 12,368
WOLVERINE WORLD WIDE INC COM 26,085 26,085
WOODWARD INC COM 236,150 236,150
WORTHINGTON ENTERPRISES INC 18,691 18,691
WORTHINGTON STL INC COMMON STOCK 15,337 15,337
XCEL ENERGY INC COM 814,359 814,359
XENCOR INC COM 39,250 39,250
XENIA HOTELS & RESORTS INC COM 22,439 22,439
XPEL INC COM 14,938 14,938
XPO INC COM 226,758 226,758
YETI HLDGS INC COM 48,946 48,946
YUM BRANDS INC COM 659,799 659,799
ZEBRA TECHNOLOGIES CORP CL A 713,348 713,348
ZIMMER BIOMET HLDGS INC COM 156,227 156,227
ZIONS BANCORPORATION N A 117,072 117,072
ZSCALER INC COM 115,102 115,102
ZURN ELKAY WATER SOLUTIONS CORPORATION 145,694 145,694
BAYER MOTOREN WERK NON VTG PRF EUR1 23,841 23,841
DR. ING. H.C. F. NON-VTG PRF NPV 53,840 53,840
HENKEL AG & CO KGAA NON-VTG PRF NPV 97,618 97,618
PORSCHE AUTO HL SE NON VTG PRF NPV 45,056 45,056
SARTORIUS AG NON VTG PRF NPV 44,122 44,122
VOLKSWAGEN AG NON VTG PRF NPV 148,720 148,720
APA GROUP NPV (STAPLED UNITS) 29,811 29,811
GPT GROUP NPV (STAPLED SECURITIES) 27,898 27,898
MIRVAC GROUP STAPLED SECURITIES 24,656 24,656
STOCKLAND NPV (STAPLED) 55,483 55,483
TRANSURBAN GROUP STAPLED UNITS NPV 200,487 200,487
UNIBAIL-RODAMCO- WESTFIELD 69,729 69,729
HKT TRUST AND HKT HKD0.0005 SHARE STAPLED 24,717 24,717

TY 2024 InvestmentsGovtObligationsSch
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
US Government Securities - End of Year Book Value:

109,997,478
US Government Securities - End of Year Fair Market Value:

109,997,478
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
STATE STREET MSCI EMERGING MARKETS INDEX FMV 55,462,502 55,462,502
ARROWSTREET US EQUITY ALPHA EXTENSION TRUST FUND FMV 29,985,159 29,985,159
ADAGE CAPITAL PARTNERS LP FMV 12,500,000 12,500,000
VIKING GLOBAL EQUITIES III LTD FMV 10,000,000 10,000,000
COATUE OFFSHORE FUND LTD FMV 20,000,000 20,000,000
VIKING GLOBAL OPPORTUNITIES III LP FMV 10,000,000 10,000,000
HUDSON BAY INTERNATIONAL FUND LTD FMV 30,000,000 30,000,000
BIL LTD FMV 20,000,000 20,000,000
FARALLON CAPITAL INSTITUTIONAL PARTNERS LP FMV 10,000,000 10,000,000

TY 2024 OtherAssetsSchedule
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
INCOME TAX RECOVERABLE   13,118 13,118
ACCRUED INTEREST & DIVIDENDS   2,289,089 2,289,089


TY 2024 OtherExpensesSchedule
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BOND AMORTIZATION EXPENSE 13,974 13,974   0
INVESTMENT EXPENSE 89,105 89,105   0
CURRENCY TRANSLATION 492,766 492,766   0


TY 2024 OtherIncomeSchedule2
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENT INCOME/LOSS 0 342,152 0


TY 2024 OtherIncreasesSchedule
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Description Amount
UNREALIZED GAIN 7,521,761


TY 2024 SubstantialContributorsSch
Name:
PIVOTAL PHILANTHROPIES PATHWAYS
 
FOUNDATION
EIN:
93-4414218
Name Address
WILLIAM H GATES JR 2365 CARILLON POINT
KIRKLAND,WA98033