Holding |
Coupon Rate |
Maturity Date |
Face Amount |
Market Value |
|---|
| Fannie Mae Connecticut Avenue Securities | 11.335% | 10/25/2028 |
$1,689,167 | $1,786,294 |
| ACE Capital Trust II | 9.700% | 04/01/2030 | $20,000,000 |
$23,617,780 |
| UBS Group AG | 9.016% | 11/15/2033 | $9,250,000 |
$11,225,649 |
| Orange SA | 9.000% | 03/01/2031 | $20,280,000 |
$24,592,420 |
| Boeing Co. | 8.625% | 11/15/2031 | $9,460,000 |
$11,137,733 |
| Jackson National Life Insurance Co. | 8.150% | 03/15/2027 |
$18,890,000 | $19,697,406 |
| Liberty Mutual Insurance Co. | 7.875% | 10/15/2026 | $31,210,000 |
$32,435,720 |
| Stanford University | 7.650% | 06/15/2026 | $29,000,000 |
$30,542,948 |
| Capital One Financial Corp. | 7.624% | 10/30/2031 | $17,784,000 |
$19,640,504 |
| Colgate-Palmolive Co. | 7.600% | 05/19/2025 | $13,920,000 |
$14,321,478 |
| California GO | 7.550% | 04/01/2039 | $12,375,000 |
$15,151,211 |
| Credit Suisse AG/New York NY | 7.500% | 02/15/2028 | $38,712,000 |
$41,730,111 |
| New Jersey Turnpike Authority Revenue | 7.414% | 01/01/2040 |
$30,285,000 | $36,116,186 |
| M&T Bank Corp. | 7.413% | 10/30/2029 | $34,685,000 |
$36,582,606 |
| HSBC Holdings plc | 7.390% | 11/03/2028 | $36,196,000 |
$38,497,114 |
| California GO | 7.350% | 11/01/2039 | $56,970,000 |
$67,324,144 |
| New York Metropolitan Transportation Authority Revenue (Dedicated Tax Fund) |
7.336% | 11/15/2039 | $10,860,000 | $13,109,511 |
| Capital One Financial Corp. | 7.149% | 10/29/2027 | $15,235,000 |
$15,861,910 |
| Deere & Co. | 7.125% | 03/03/2031 | $17,500,000 |
$20,059,394 |
| BAT Capital Corp. | 7.079% | 08/02/2043 | $11,335,000 |
$12,101,610 |
| Farmers Exchange Capital | 7.050% | 07/15/2028 | $25,000,000 |
$25,224,888 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) |
7.043% | 04/01/2050 | $26,165,000 | $31,799,083 |
| Government National Mortgage Assn. | 7.000% | 11/15/2031-11/15/2033 |
$654,845 | $669,797 |
| Pacific Gas and Electric Co. | 6.950% | 03/15/2034 | $30,080,000 |
$32,958,632 |
| Bay Area Toll Authority California Toll Bridge Revenue (San Francisco Bay Area) |
6.918% | 04/01/2040 | $19,615,000 | $22,426,510 |
| Chicago IL Transit Authority Transfer Tax Receipts Revenue | 6.899% |
12/01/2040 | $31,976,175 | $36,118,897 |
| Chicago IL Transit Authority Sales Tax Receipts Revenue | 6.899% |
12/01/2040 | $54,603,869 | $61,678,156 |
| Cargill Inc. | 6.875% | 05/01/2028 | $19,355,000 |
$20,411,245 |
| Deutsche Bank AG/New York NY | 6.819% | 11/20/2029 | $32,875,000 |
$34,366,706 |
| New York Metropolitan Transportation Authority Revenue | 6.814% |
11/15/2040 | $27,295,000 | $30,336,250 |
| Pacific Gas and Electric Co. | 6.750% | 01/15/2053 | $13,479,000 |
$14,702,017 |
| Goldman Sachs Group Inc. | 6.750% | 10/01/2037 | $43,995,000 |
$47,982,214 |
| Deutsche Bank AG/New York NY | 6.720% | 01/18/2029 | $9,910,000 |
$10,244,872 |
| North Texas Tollway Authority System Revenue | 6.718% | 01/01/2049 |
$11,035,000 | $13,030,522 |
| Columbia Pipelines Operating Co. LLC | 6.714% | 08/15/2063 |
$8,253,000 | $9,029,520 |
| BPCE SA | 6.714% | 10/19/2029 | $33,690,000 | $35,208,412 |
| Pacific Gas and Electric Co. | 6.700% | 04/01/2053 | $28,364,000 |
$30,745,595 |
| Enbridge Inc. | 6.700% | 11/15/2053 | $12,000,000 |
$13,585,346 |
| Georgia Municipal Electric Power Authority Revenue | 6.637% |
04/01/2057 | $69,008,000 | $79,487,762 |
| Morgan Stanley | 6.627% | 11/01/2034 | $21,815,000 |
$23,858,963 |
| Dominion Energy South Carolina Inc. | 6.625% | 02/01/2032 |
$4,886,000 | $5,407,578 |
| University of California Regents Medical Center Revenue | 6.583% |
05/15/2049 | $15,150,000 | $17,217,078 |
| Philadelphia Authority for Industrial Development | 6.550% |
10/15/2028 | $66,810,000 | $71,735,374 |
| Energy Transfer LP | 6.550% | 12/01/2033 | $15,150,000 |
$16,230,877 |
| University of California Regents Medical Center Revenue | 6.548% |
05/15/2048 | $9,465,000 | $10,738,025 |
| Columbia Pipelines Operating Co. LLC | 6.544% | 11/15/2053 |
$8,253,000 | $8,923,241 |
| UBS Group AG | 6.537% | 08/12/2033 | $18,290,000 |
$19,266,359 |
| Greensaif Pipelines Bidco Sarl | 6.510% | 02/23/2042 |
$26,755,000 | $27,770,441 |
| UL Solutions Inc. | 6.500% | 10/20/2028 | $12,800,000 |
$13,340,581 |
| Potomac Electric Power Co. | 6.500% | 11/15/2037 | $25,000,000 |
$27,802,815 |
|
