As of 7/9/2020

VBND - All Holdings

Name CUSIP or other identifier Weight Shares
UNITED STATES TREAS BDS 8% 11/15/2021 912810EL8 3.88% 13,920,000
UNITED STATES TREAS BDS 6% 02/15/2026 912810EW4 3.62% 10,925,000
UNITED STATES TREAS NTS 2% 08/31/2021 912828D72 2.33% 9,045,000
FNMA TBA 30YR TBA 4.50% AUG 4.5% 08/15/2040 01F042681 2.27% 8,380,000
UNITED STATES TREAS NTS 1.125% 08/31/2021 9128282F6 2.26% 8,875,000
FNMA TBA 30 YR 3.5 3.5% 08/15/2040 01F032682 2.25% 8,500,000
UNITED STATES TREAS BDS 4.375% 05/15/2041 912810QQ4 2.14% 5,265,000
UNITED STATES TREAS NTS 2.875% 10/15/2021 9128285F3 2.06% 7,885,000
UNITED STATES TREAS NTS 2.125% 09/30/2021 912828F21 1.99% 7,720,000
UNITED STATES TREAS NTS 2% 10/31/2021 912828F96 1.88% 7,295,000
UNITED STATES TREAS BDS 3.75% 11/15/2043 912810RD2 1.77% 4,625,000
UNITED STATES TREAS BDS 3.625% 08/15/2043 912810RC4 1.65% 4,410,000
UNITED STATES TREAS NTS 1.25% 10/31/2021 912828T67 1.59% 6,200,000
UNITED STATES TREAS BDS 4.75% 02/15/2041 912810QN1 1.59% 3,745,000
UNITED STATES TREAS NTS 1.125% 09/30/2021 912828T34 1.49% 5,860,000
UNITED STATES TREAS NTS 1.75% 11/30/2021 912828U65 1.47% 5,695,000
UNITED STATES TREAS BDS 4.25% 11/15/2040 912810QL5 1.37% 3,435,000
UNITED STATES TREAS NTS 1.875% 01/31/2022 912828V72 1.36% 5,245,000
UNITED STATES TREAS NTS 2% 12/31/2021 912828U81 1.33% 5,135,000
FNMA TBA 30YR TBA 3% AUG 3% 08/15/2042 01F030686 1.33% 4,990,000
UNITED STATES TREAS NTS 2.875% 11/15/2021 9128285L0 1.30% 4,980,000
UNITED STATES TREAS BDS 3.75% 08/15/2041 912810QS0 1.24% 3,295,000
UNITED STATES TREAS NTS 2.75% 09/15/2021 9128285A4 1.23% 4,725,000
UNITED STATES TREAS BDS 5.5% 08/15/2028 912810FE3 1.17% 3,310,000
UNITED STATES TREAS NTS 2.125% 12/31/2021 912828G87 1.15% 4,435,000
UNITED STATES TREAS NTS 2.5% 01/15/2022 9128285V8 1.14% 4,365,000
UNITED STATES TREAS NTS 1.875% 11/30/2021 912828G53 1.13% 4,360,000
UNITED STATES TREAS NTS 2.5% 02/15/2022 9128286C9 1.10% 4,195,000
Cash & Other Cash&Other 0.90% 3,578,705
UNITED STATES TREAS NTS 1.5% 01/31/2022 912828H86 0.84% 3,265,000
UNITED STATES TREAS BDS 4.375% 05/15/2040 912810QH4 0.75% 1,850,000
UNITED STATES TREAS NTS 2% 11/15/2021 912828RR3 0.74% 2,860,000
UNITED STATES TREAS BDS TIPS 2.125% 41 2.125% 02/15/2041 912810QP6 0.67% 1,750,316
UNITED STATES TREAS BDS 6.25% 05/15/2030 912810FM5 0.67% 1,710,000
UNITED STATES TREAS BDS 3.875% 04/15/2029 912810FH6 0.66% 1,840,351
UNITED STATES TREAS BDS 3.625% 02/15/2044 912810RE0 0.59% 1,575,000
UNITED STATES TREAS BDS TIPS 02/15/40 2.125% 02/15/2040 912810QF8 0.59% 1,559,892
UNITED STATES TREAS BDS 3.375% 04/15/2032 912810FQ6 0.53% 1,386,672
US TSY INFL IX N/B 2.5% 1/15/2029 2.5% 01/15/2029 912810PZ5 0.48% 1,480,783
UNITED STATES TREAS BDS 1.75% 01/15/2028 912810PV4 0.47% 1,535,919
CHEMOURS CO 5.375% 05/15/2027 163851AE8 0.44% 1,880,000
FNCL 2.5 8/20 2.5% 08/15/2050 01F022683 0.44% 1,680,000
TSY INFL IX N/B 0.625% 02/15/2043 912810RA8 0.44% 1,455,296
GNMA TBA 30YR TBA 4% JUL 4% 07/15/2041 01N040678 0.43% 1,600,000
GNMAII JUMBO TBA 30YR TBA 3.50% JUL 3.5% 07/15/2045 21H032670 0.43% 1,600,000
GNMAII JUMBO TBA 30YR TBA 4% JUL 4% 07/15/2042 21H040673 0.43% 1,600,000
TSY INFL IX N/B 0.875% 01/15/2029 9128285W6 0.43% 1,487,561
SOUTHWESTERN ENERGY CO 7.5% 04/01/2026 845467AM1 0.42% 1,805,000
GNMA TBA 30YR TBA 3.50% JUL 3.5% 07/15/2042 01N032675 0.42% 1,600,000
UNITED STATES TREAS BDS TIPS 01/15/24 0.625% 01/15/2024 912828B25 0.42% 1,565,832
SOUTHERN CO 5.5% 03/15/2057 842587CY1 0.41% 1,600,000
VERISIGN INC 4.75% 07/15/2027 92343EAL6 0.41% 1,540,000
EMBARQ CORP 7.995% 06/01/2036 29078EAA3 0.41% 1,455,000
UNITED STATES TREAS BDS 3.125% 02/15/2043 912810QZ4 0.40% 1,140,000
ECLIPSE RES CORP 8.875% 07/15/2023 27890GAB6 0.39% 1,960,000
MICHAELS STORES INC 8% 07/15/2027 594087AU2 0.39% 1,740,000
GNMAII JUMBO TBA 30YR TBA 3.0% JUL 3% 07/15/2045 21H030674 0.39% 1,445,000
TSY INFL IX N/B 0.5% 01/15/2028 9128283R9 0.39% 1,413,611
UNITED STATES TREAS BDS TIPS .75% 02/15/42 0.75% 02/15/2042 912810QV3 0.39% 1,259,483
UNITED STATES TREAS NTS 2% 02/15/2022 912828SF8 0.38% 1,465,000
UNITED STATES TREAS NTS 0.25% 01/15/2025 912828H45 0.38% 1,434,286
CONAGRA BRANDS INC 5.4% 11/01/2048 205887CE0 0.38% 1,060,000
PSEG PWR LLC 8.625% 04/15/2031 69362BAJ1 0.38% 1,035,000
FIFTH THIRD BANCORP 8.25% 03/01/2038 316773CH1 0.38% 905,000
WHIRLPOOL CORP 4.5% 06/01/2046 963320AV8 0.37% 1,280,000
UNITED STATES TREAS BDS 4.375% 11/15/2039 912810QD3 0.37% 930,000
WI TREASURY SEC 0.5% 04/15/2024 9128286N5 0.36% 1,362,217
WABTEC CORP 4.95% 09/15/2028 960386AM2 0.36% 1,270,000
CARDINAL HEALTH INC 4.368% 06/15/2047 14149YBM9 0.36% 1,250,000
FEDEX CORP 5.1% 01/15/2044 31428XAW6 0.36% 1,145,000
LEGG MASON INC 5.625% 01/15/2044 524901AR6 0.36% 1,125,000
UNITED STATES TREAS BDS TIPS 02/15/40 1.375% 02/15/2044 912810RF7 0.36% 1,034,103
L BRANDS INC 6.75% 07/01/2036 501797AM6 0.35% 1,665,000
ENTERPRISE PRODS OPER LLC 4.875% 08/16/2077 29379VBM4 0.35% 1,570,000
G2SF 2.5 7/20 2.5% 07/01/2050 21H022671 0.35% 1,320,000
INGREDION INC 3.2% 10/01/2026 457187AB8 0.35% 1,260,000
MICRON TECHNOLOGY INC 5.327% 02/06/2029 595112BN2 0.35% 1,140,000
AT&T INC 5.3% 08/15/2058 00206RFS6 0.35% 1,050,000
DARDEN RESTAURANTS INC 3.85% 05/01/2027 237194AL9 0.34% 1,305,000
MPT OPERATING PARTNERSHIP L.P SR GLBL NT 5% 27 5% 10/15/2027 55342UAH7 0.34% 1,300,000
KINDER MORGAN ENERGY PARTNERS SR GLBL NT 38 6.95% 01/15/2038 494550AW6 0.34% 1,010,000
VIACOM INC 6.875% 04/30/2036 925524AX8 0.34% 970,000
UNITED STATES TREAS BDS 6.125% 11/15/2027 912810FB9 0.34% 950,000
INTL PAPER CO 7.3% 11/15/2039 460146CF8 0.34% 915,000
GENESIS ENERGY LP/ GENESIS FIN SR GLBL NT6.5% 25 6.5% 10/01/2025 37185LAJ1 0.33% 1,480,000
FNMA TBA 30YR 4% AUG 4% 08/15/2040 01F040685 0.33% 1,250,000
EDISON INTL 4.125% 03/15/2028 281020AM9 0.33% 1,210,000
PLAINS ALL AMERN PIPELINE L P SR NT 6.65% 37 6.65% 01/15/2037 72650RAR3 0.33% 1,200,000
PRUDENTIAL FINL INC 5.7% 09/15/2048 744320BF8 0.33% 1,155,000
KIRBY CORP 4.2% 03/01/2028 497266AC0 0.32% 1,240,000
JABIL INC 3.95% 01/12/2028 466313AH6 0.32% 1,170,000
GLP CAP LP/GLP FING II INC 5.75% 06/01/2028 361841AK5 0.32% 1,150,000
HESS CORP 6% 01/15/2040 42809HAC1 0.32% 1,150,000
MARKEL CORP 5% 04/05/2046 570535AQ7 0.32% 1,010,000
UNITED STATES TREAS BDS 4.625% 02/15/2040 912810QE1 0.32% 765,000
SYNCHRONY FINANCIAL 3.7% 08/04/2026 87165BAL7 0.31% 1,205,000
NEXTERA ENERGY CAP HLDGS INC JR SB GLBL -M 77 4.8% 12/01/2077 65339KAV2 0.31% 1,200,000
CARE CAP PPTYS LP 5.125% 08/15/2026 14162VAB2 0.31% 1,190,000
TSY INFL IX N/B 0.625% 01/15/2026 912828N71 0.31% 1,116,796
MOSAIC CO NEW 5.625% 11/15/2043 61945CAE3 0.31% 1,110,000
HEWLETT PACKARD ENTERPRISE CO SR GLBL NT 45 6.35% 10/15/2045 42824CAY5 0.31% 950,000
CIMAREX ENERGY CO 3.9% 05/15/2027 171798AD3 0.30% 1,155,000
MOLSON COORS BEVERAGE CO 5% 05/01/2042 60871RAD2 0.30% 1,090,000
TSY INFL IX N/B 0.25% 07/15/2029 9128287D6 0.30% 1,087,528
ENERGY TRANSFER OPERATING LP SR GLBL NT7.5% 38 7.5% 07/01/2038 29273RAJ8 0.30% 1,009,000
UNITED STATES TREAS BDS 2% 01/15/2026 912810FS2 0.30% 1,007,596
HALLIBURTON CO 7.45% 09/15/2039 406216AY7 0.30% 900,000
TSY INFL IX N/B 0.375% 01/15/2027 912828V49 0.29% 1,066,707
TSY INFL IX N/B 0.375% 07/15/2027 9128282L3 0.29% 1,053,360
UNITED STATES TREAS BDS 2.375% 01/15/2025 912810FR4 0.29% 1,006,533
KRAFT FOODS GROUP INC 6.5% 02/09/2040 50076QAN6 0.29% 950,000
HEWLETT PACKARD CO 6% 09/15/2041 428236BR3 0.29% 945,000
EXELON GENERATION CO LLC 6.25% 10/01/2039 30161MAG8 0.29% 920,000
UNITED STATES TREAS BDS 3.625% 04/15/2028 912810FD5 0.29% 840,156
ENABLE MIDSTREAM PARTNERS LP SR NT 5% 44 5% 05/15/2044 292480AJ9 0.28% 1,370,000
LEAR CORP 3.8% 09/15/2027 521865AY1 0.28% 1,070,000
BNSF FUNDING TRUST 1 6.613% 12/15/2055 05567SAA0 0.28% 1,020,000
DEVON FING CORP U L C 7.875% 09/30/2031 25179SAD2 0.28% 940,000
UNITED STATES TREAS BDS 5.25% 02/15/2029 912810FG8 0.28% 780,000
CONCHO RES INC 3.75% 10/01/2027 20605PAH4 0.27% 990,000
HOLLYFRONTIER CORP 5.875% 04/01/2026 436106AA6 0.27% 980,000
INTERPUBLIC GROUP COS INC 5.4% 10/01/2048 460690BQ2 0.27% 935,000
HASBRO INC 6.35% 03/15/2040 418056AS6 0.27% 910,000
TSY INFL IX N/B 0 3/4 02/15/45 0.75% 02/15/2045 912810RL4 0.27% 843,812
SM ENERGY CO 6.75% 09/15/2026 78454LAN0 0.26% 1,980,000
PDC ENERGY INC 5.75% 05/15/2026 69327RAJ0 0.26% 1,100,000
UNITED STATES TREAS NTS 1.875% 02/28/2022 912828W55 0.26% 1,015,000
MARATHON OIL CORP 6.6% 10/01/2037 565849AE6 0.26% 1,010,000
OWENS CORNING NEW 4.3% 07/15/2047 690742AG6 0.26% 970,000
MPLX LP 4.125% 03/01/2027 55336VAK6 0.26% 955,000
UNITED STATES TREAS BDS 5.25% 11/15/2028 912810FF0 0.26% 735,000
TENNESSEE VALLEY AUTH 5.88% 04/01/2036 880591CS9 0.26% 650,000
SPIRIT AEROSYSTEMS INC 4.6% 06/15/2028 85205TAK6 0.25% 1,235,000
CONTINENTAL RES INC 4.375% 01/15/2028 212015AS0 0.25% 1,170,000
COACH INC 4.125% 07/15/2027 189754AC8 0.25% 1,065,000
ARCHROCK PARTNERS L P / ARCHRO SR GLBL 144A 27 6.875% 04/01/2027 03959KAA8 0.25% 1,020,000
ENSTAR GROUP LTD 4.95% 06/01/2029 29359UAB5 0.25% 910,000
ALTRIA GROUP INC 5.375% 01/31/2044 02209SAR4 0.25% 805,000
UNITED STATES TREAS NTS 1.75% 02/28/2022 912828J43 0.24% 910,000
GNSF 2.5 7/20 2.5% 07/15/2050 01N022676 0.24% 900,000
UNITED STATES TREAS BDS 6.25% 08/15/2023 912810EQ7 0.24% 800,000
W & T OFFSHORE INC 9.75% 11/01/2023 92922PAL0 0.23% 1,500,000
OCCIDENTAL PETE CORP 6.6% 03/15/2046 674599DL6 0.23% 1,000,000
GENERAL MTRS CO 6.75% 04/01/2046 37045VAL4 0.23% 805,000
VALERO ENERGY CORP 6.625% 06/15/2037 91913YAL4 0.23% 670,000
DENBURY RES INC 7.75% 02/15/2024 247916AM1 0.22% 2,090,000
DELTA AIR LINES INC DEL 4.375% 04/19/2028 247361ZN1 0.22% 1,045,000
APACHE CORP 5.25% 02/01/2042 037411AY1 0.22% 1,030,000
UNITED STATES TREAS NTS 0.125% 07/15/2026 912828S50 0.22% 807,563
TSY INFL IX N/B 0.75% 07/15/2028 912828Y38 0.21% 714,987
TENNESSEE VALLEY AUTH 5.25% 09/15/2039 880591EH1 0.20% 500,000
ALLEGHENY TECHNOLOGIES INC 7.875% 08/15/2023 01741RAF9 0.19% 750,000
SEAGATE HDD CAYMAN 4.875% 06/01/2027 81180WAR2 0.18% 660,000
CARLISLE COS INC 3.75% 12/01/2027 142339AH3 0.18% 655,000
TSY INFL IX N/B 0.375% 07/15/2025 912828XL9 0.18% 648,696
MARTIN MARIETTA MATLS INC 4.25% 12/15/2047 573284AU0 0.18% 610,000
MASCO CORP 4.375% 04/01/2026 574599BL9 0.17% 585,000
GNMA TBA 30YR TBA 3% JUL 3% 07/15/2042 01N030679 0.16% 610,000
MURPHY OIL CORP 5.75% 08/15/2025 626717AJ1 0.15% 665,000
TEREX CORP NEW 5.625% 02/01/2025 880779AZ6 0.15% 610,000
MEDNAX INC 6.25% 01/15/2027 58502BAC0 0.15% 600,000
CUMULUS MEDIA NEW HLDGS INC 6.75% 07/01/2026 23110AAA4 0.14% 615,000
AMERICAN AXLE & MFG INC 6.25% 04/01/2025 02406PAR1 0.14% 550,000
DISH DBS CORP 7.75% 07/01/2026 25470XAY1 0.14% 520,000
FEDERAL HOME LOAN BANKS 3.25% 06/09/2028 3130AEB25 0.14% 460,000
NCR CORP NEW 6.125% 09/01/2029 62886EAV0 0.13% 520,000
HARSCO CORP 5.75% 07/31/2027 415864AM9 0.13% 500,000
HUGHES SATELLITE SYS CORP 6.625% 08/01/2026 444454AF9 0.13% 495,000
GRAY ESCROW INC 7% 05/15/2027 389284AA8 0.13% 490,000
CHARTER COMMUNICATIONS OPER 6.834% 10/23/2055 161175BC7 0.13% 380,000
FEDERAL NATL MTG ASSN 6.25% 05/15/2029 31359MEU3 0.13% 350,000
FREEPORT-MCMORAN INC 5.4% 11/14/2034 35671DBJ3 0.12% 470,000
ONEOK PARTNERS LP 6.65% 10/01/2036 68268NAC7 0.12% 430,000
TENNESSEE VALLEY AUTH 2.875% 02/01/2027 880591EU2 0.12% 430,000
UNITED STATES TREAS BDS 1% 02/15/2046 912810RR1 0.12% 346,262
PARSLEY ENERGY LLC 5.625% 10/15/2027 701885AH8 0.11% 430,000
AMKOR TECHNOLOGY INC 6.625% 09/15/2027 031652BK5 0.11% 420,000
B & G FOODS INC 5.25% 09/15/2027 05508WAB1 0.11% 420,000
VALERO ENERGY PARTNERS LP 4.375% 12/15/2026 91914JAA0 0.11% 380,000
VULCAN MATLS CO 4.5% 06/15/2047 929160AV1 0.11% 375,000
TENNESSEE VALLEY AUTH 6.75% 11/01/2025 880591CJ9 0.11% 325,000
FEDERAL HOME LOAN BANKS 3% 09/10/2021 313383ZU8 0.10% 400,000
TSY INFL IX N/B 0.125% 01/15/2030 912828Z37 0.10% 373,698
HERC HLDGS INC 5.5% 07/15/2027 42704LAA2 0.10% 370,000
CF INDS INC 5.375% 03/15/2044 12527GAE3 0.10% 360,000
TENNESSEE VALLEY AUTH 7.125% 05/01/2030 880591DM1 0.10% 250,000
CALPINE CORP 5.125% 03/15/2028 131347CN4 0.09% 370,000
TENNESSEE VALLEY AUTH 1.875% 08/15/2022 880591EN8 0.09% 340,000
GREIF INC 6.5% 03/01/2027 397624AH0 0.09% 335,000
FEDERAL HOME LOAN BANKS 3.25% 11/16/2028 3130AFFX0 0.09% 300,000
SONOCO PRODS CO 5.75% 11/01/2040 835495AJ1 0.09% 285,000
FEDERAL NATL MTG ASSN 7.25% 05/15/2030 31359MFP3 0.09% 220,000
TALLGRASS ENERGY PARTNERS LP/ SR GLBL 144A 28 5.5% 01/15/2028 87470LAD3 0.08% 380,000
FEDERAL HOME LOAN BANKS 3% 10/12/2021 3130AF5B9 0.08% 315,000
FEDERAL NATL MTG ASSN 1.375% 10/07/2021 3135G0Q89 0.08% 310,000
TSY INFL IX N/B 0.875% 02/15/2047 912810RW0 0.08% 254,911
FEDERAL HOME LN MTG CORP 6.75% 03/15/2031 3134A4AA2 0.08% 200,000
FEDERAL NATL MTG ASSN 5.625% 07/15/2037 31398AFD9 0.08% 200,000
FEDERAL NATL MTG ASSN 7.125% 01/15/2030 31359MFJ7 0.08% 200,000
FEDERAL HOME LOAN BANKS 2.625% 12/10/2021 313376C94 0.07% 265,000
H & E EQUIPMENT SERVICES INC SR GLBL NT 25 5.625% 09/01/2025 404030AH1 0.07% 260,000
FEDERAL NATL MTG ASSN 2.625% 01/11/2022 3135G0U92 0.07% 260,000
AMC NETWORKS INC 4.75% 08/01/2025 00164VAE3 0.07% 260,000
FEDERAL NATL MTG ASSN 2% 01/05/2022 3135G0S38 0.07% 260,000
FEDERAL HOME LN MTG CORP 2.375% 01/13/2022 3137EADB2 0.07% 255,000
SIX FLAGS ENTMT CORP NEW 5.5% 04/15/2027 83001AAC6 0.06% 260,000
TEMPUR SEALY INTL INC 5.5% 06/15/2026 88023UAG6 0.06% 250,000
FEDERAL HOME LOAN BANKS 2.5% 03/11/2022 313378WG2 0.06% 245,000
FEDERAL HOME LOAN BANKS 2.25% 03/11/2022 313378CR0 0.06% 240,000
FEDERAL HOME LOAN BANKS 1.875% 11/29/2021 3130AABG2 0.06% 240,000
POST HLDGS INC 5.625% 01/15/2028 737446AN4 0.06% 240,000
FEDERAL NATL MTG ASSN 6.625% 11/15/2030 31359MGK3 0.06% 150,000
FEDERAL HOME LN BKS 5.5% 07/15/2036 3133XGAY0 0.06% 150,000
FEDERAL HOME LN MTG CORP 6.75% 09/15/2029 3134A3U46 0.06% 150,000
OLIN CORP 5% 02/01/2030 680665AK2 0.05% 230,000
HOWARD HUGHES CORP 5.375% 03/15/2025 44267DAB3 0.05% 220,000
UNITED RENTALS NORTH AMER INC SR SEC GLBL NT27 3.875% 11/15/2027 911365BM5 0.05% 205,000
TAYLOR MORRISON CMNTYS INC 5.875% 06/15/2027 87724RAA0 0.05% 200,000
WI TREASURY SEC 07/15/23 0.375% 07/15/2023 912828VM9 0.05% 198,309
TENNESSEE VALLEY AUTH 2.875% 09/15/2024 880591ER9 0.05% 180,000
FEDERAL HOME LOAN BANKS 2.125% 06/10/2022 313379Q69 0.05% 175,000
FEDERAL HOME LOAN BANKS 2% 09/09/2022 313380GJ0 0.04% 150,000
TSY INFL IX N/B 0 1/8 07/15/24 0.125% 07/15/2024 912828WU0 0.04% 145,770
TENNESSEE VALLEY AUTH 3.5% 12/15/2042 880591EP3 0.04% 130,000
FEDERAL NATL MTG ASSN 1.875% 04/05/2022 3135G0T45 0.03% 130,000
FEDERAL NATL MTG ASSN 1.375% 09/06/2022 3135G0W33 0.03% 130,000
FEDERAL NATL MTG ASSN 2.25% 04/12/2022 3135G0V59 0.03% 125,000
TEGNA INC 5% 09/15/2029 87901JAC9 0.03% 120,000
FEDERAL NATL MTG ASSN 2% 10/05/2022 3135G0T78 0.03% 110,000
FEDERAL NATL MTG ASSN 2.375% 01/19/2023 3135G0T94 0.03% 110,000
FEDERAL NATL MTG ASSN 1.875% 09/24/2026 3135G0Q22 0.03% 100,000
MASONITE INTL CORP NEW 5.375% 02/01/2028 575385AD1 0.03% 100,000
ALLISON TRANSMISSION INC 5.875% 06/01/2029 019736AF4 0.03% 100,000
STERICYCLE INC 5.375% 07/15/2024 858912AF5 0.03% 100,000
NETFLIX INC 6.375% 05/15/2029 64110LAX4 0.03% 100,000
TENNESSEE VALLEY AUTH 6.15% 01/15/2038 880591CP5 0.03% 80,000
IRON MTN INC NEW 4.875% 09/15/2029 46284VAF8 0.02% 100,000
BERRY GLOBAL INC 4.5% 02/15/2026 08576PAA9 0.02% 80,000
TSY INFL IX N/B 1% 02/15/2048 912810SB5 0.02% 72,780
CORNING INC 5.45% 11/15/2079 219350BQ7 0.02% 70,000
FEDERAL HOME LN MTG CORP 6.25% 07/15/2032 3134A4KX1 0.02% 50,000
MATADOR RES CO 5.875% 09/15/2026 576485AE6 0.01% 70,000
FEDERAL HOME LOAN BANKS 2.125% 06/09/2023 3133834G3 0.01% 50,000
FEDERAL HOME LN MTG CORP 2.75% 06/19/2023 3137EAEN5 0.01% 50,000
TSY INFL IX N/B 0.125% 10/15/2024 912828YL8 0.01% 49,966

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. To obtain a prospectus download one here or call 800-617-0004. Please read it carefully before investing.

Investing involves risk, including the risk of loss of principal. VBND has the same risks as the underlying securities traded on the exchange throughout the day at market price. Redemptions are limited and often commissions are charged on each trade. VBND may invest in illiquid or thinly traded securities which involve additional risks such as limited liquidity and greater volatility. VBND may make investments in debt securities. The Fund’s investments in high yield securities expose it to a substantial degree of credit risk. These investments are considered speculative under traditional investment standards. Debt issuers and other counterparties may not honor their obligations or may have their debt downgraded by ratings agencies. An increase in interest rates may cause the value of fixed-income securities held by the Fund to decline. During periods of rising interest rates, certain debt obligations will be paid off substantially more slowly than originally anticipated and the value of those securities may fall sharply, resulting in a decline in the Fund’s income and potentially in the value of the Fund’s investments. VBND may also invest in asset backed and mortgage backed securities which include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. The Fund invests in the securities included in, or representative of its Index regardless of their investment merits. The performance of the Fund may diverge from the Index. Because the Fund employs a representative sampling strategy and may also invest up to 20% of its assets in securities that are not included in the Index, the Fund may experience a tracking error to a greater extent than a fund that seeks to replicate an index. The Fund is not actively managed and its performance may be adversely affected by a general decline in the market segments relating to its Index.

The fund’s investment advisor is Vident Advisory, LLC. VBND's sub-adviser is Vident Investment Advisory (VIA). Vident Financial owns the index that underlies the fund. The Vident Core U.S. Bond Strategy ETF is distributed by ALPS Distributors, LLC. ALPS is not affiliated with Vident Financial, Vident Advisory or VIA.

Investor shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Ordinary brokerage commissions may apply.

Diversification does not ensure a profit or protect against a loss.