As of 1/20/2020

VBND - All Holdings

Name Weight Shares
UNITED STATES TREAS NTS 2.125% 12/31/2021 4.30% 19,385,000
UNITED STATES TREAS BDS 8% 11/15/2021 4.04% 16,510,000
UNITED STATES TREAS BDS 3.75% 11/15/2043 3.12% 11,210,000
UNITED STATES TREAS NTS 1.75% 11/30/2021 2.93% 13,305,000
UNITED STATES TREAS NTS 2.5% 01/15/2022 2.91% 13,025,000
UNITED STATES TREAS BDS 4.375% 05/15/2041 2.72% 9,100,000
FNMA TBA 30YR TBA 4% FEB 4% 02/15/2041 2.48% 10,825,000
FNMA TBA 30YR TBA 3.50% FEB 3.5% 02/15/2042 2.42% 10,685,000
UNITED STATES TREAS NTS 2% 08/31/2021 2.20% 9,945,000
UNITED STATES TREAS NTS 1.125% 08/31/2021 2.05% 9,415,000
UNITED STATES TREAS NTS 2% 12/31/2021 1.95% 8,815,000
UNITED STATES TREAS NTS 2.125% 09/30/2021 1.86% 8,400,000
FNMA TBA 30YR TBA 5.00% FEB 5% 02/15/2044 1.83% 7,810,000
UNITED STATES TREAS NTS 2.875% 10/15/2021 1.80% 8,030,000
UNITED STATES TREAS NTS 2% 10/31/2021 1.60% 7,260,000
UNITED STATES TREAS NTS 1.25% 10/31/2021 1.49% 6,835,000
UNITED STATES TREAS NTS 1.875% 01/31/2022 1.46% 6,600,000
UNITED STATES TREAS BDS 3.625% 08/15/2043 1.43% 5,230,000
UNITED STATES TREAS NTS 1.125% 09/30/2021 1.37% 6,280,000
UNITED STATES TREAS NTS 2.875% 11/15/2021 1.17% 5,210,000
UNITED STATES TREAS BDS 4.25% 11/15/2040 1.17% 3,990,000
UNITED STATES TREAS NTS 2.75% 09/15/2021 1.14% 5,100,000
UNITED STATES TREAS NTS 2.5% 02/15/2022 1.14% 5,080,000
UNITED STATES TREAS BDS 4.75% 02/15/2041 1.11% 3,550,000
UNITED STATES TREAS NTS 1.875% 11/30/2021 1.03% 4,655,000
UNITED STATES TREAS BDS 3.75% 08/15/2041 0.89% 3,225,000
UNITED STATES TREAS BDS 3.625% 02/15/2044 0.86% 3,165,000
UNITED STATES TREAS NTS 2% 11/15/2021 0.84% 3,780,000
UNITED STATES TREAS NTS 1.5% 01/31/2022 0.83% 3,810,000
Cash & Other 0.82% 3,731,575
FNMA TBA 30YR TBA 3% FEB 3% 02/15/2043 0.64% 2,860,000
UNITED STATES TREAS BDS 5.5% 08/15/2028 0.61% 2,140,000
UNITED STATES TREAS BDS 6.125% 11/15/2027 0.56% 1,920,000
UNITED STATES TREAS BDS 6.5% 11/15/2026 0.54% 1,880,000
ADIENT GLOBAL HLDGS LTD 4.875% 08/15/2026 0.45% 2,300,000
GNMAII JUMBO TBA 30YR TBA 03.500% FEB 3.5% 02/15/2045 0.45% 2,010,000
L BRANDS INC 6.75% 07/01/2036 0.44% 2,155,000
EMBARQ CORP 7.995% 06/01/2036 0.44% 1,850,000
CNX RESOURCES CORPORATION 7.25% 03/14/2027 0.42% 2,280,000
UNITED STATES STL CORP NEW 6.25% 03/15/2026 0.42% 2,180,000
UNITED STATES TREAS BDS 5.25% 11/15/2028 0.41% 1,470,000
CLEVELAND CLIFFS INC 5.875% 06/01/2027 0.40% 1,900,000
CLOUD CRANE LLC 10.125% 08/01/2024 0.40% 1,720,000
TRINSEO MATLS OPER SCA / FIN SR GLBL 144A 25 5.375% 09/01/2025 0.39% 1,800,000
EDISON INTL 4.125% 03/15/2028 0.39% 1,695,000
USA COMPRESSION PARTNERS LP 6.875% 09/01/2027 0.39% 1,670,000
UNITED STATES TREAS BDS 6% 02/15/2026 0.39% 1,415,000
WASHINGTON PRIME GROUP LP 6.45% 08/15/2024 0.38% 1,870,000
TUTOR PERINI CORP 6.875% 05/01/2025 0.37% 1,800,000
ALLSTATE CORP 6.5% 05/15/2067 0.36% 1,290,000
DEVON FING CORP U L C 7.875% 09/30/2031 0.36% 1,157,000
DISH DBS CORP 7.75% 07/01/2026 0.35% 1,485,000
KIRBY CORP 4.2% 03/01/2028 0.35% 1,485,000
APACHE CORP 5.25% 02/01/2042 0.35% 1,470,000
ENSTAR GROUP LTD 4.95% 06/01/2029 0.35% 1,469,000
MARKEL CORP 5% 04/05/2046 0.35% 1,375,000
PRUDENTIAL FINL INC 5.7% 09/15/2048 0.35% 1,370,000
HESS CORP 6% 01/15/2040 0.35% 1,325,000
INTERPUBLIC GROUP COS INC 5.4% 10/01/2048 0.35% 1,295,000
EQT CORP 3.9% 10/01/2027 0.34% 1,810,000
SYNCHRONY FINL 3.7% 08/04/2026 0.34% 1,500,000
AXA EQUITABLE HLDGS INC 5% 04/20/2048 0.34% 1,375,000
GLP CAP LP/GLP FING II INC 5.75% 06/01/2028 0.34% 1,350,000
UNITED STATES TREAS BDS 3.125% 02/15/2043 0.34% 1,350,000
METLIFE INC 10.75% 08/01/2069 0.34% 930,000
OWENS CORNING NEW 4.3% 07/15/2047 0.33% 1,540,000
MACYS RETAIL HLDGS INC 3.625% 06/01/2024 0.33% 1,475,000
INGREDION INC 3.2% 10/01/2026 0.33% 1,460,000
DELTA AIR LINES INC DEL 4.375% 04/19/2028 0.33% 1,435,000
ING U S INC 5.65% 05/15/2053 0.33% 1,420,000
PBF HLDG CO LLC / PBF FIN CORP FR 7.25% 061525 7.25% 06/15/2025 0.33% 1,400,000
SEAGATE HDD CAYMAN 4.875% 06/01/2027 0.33% 1,380,000
MICRON TECHNOLOGY INC 5.327% 02/06/2029 0.33% 1,315,000
MOSAIC CO NEW 5.625% 11/15/2043 0.33% 1,260,000
HEWLETT PACKARD ENTERPRISE CO SR GLBL NT 45 6.35% 10/15/2045 0.33% 1,210,000
AETNA INC NEW 6.625% 06/15/2036 0.33% 1,100,000
BRIGHTHOUSE FINL INC 4.7% 06/22/2047 0.32% 1,550,000
NATIONAL OILWELL VARCO INC 3.95% 12/01/2042 0.32% 1,520,000
TECH DATA CORP 4.95% 02/15/2027 0.32% 1,400,000
MPLX LP 4.125% 03/01/2027 0.32% 1,395,000
CONTINENTAL RESOURCES INC 4.375% 01/15/2028 0.32% 1,390,000
JABIL INC 3.95% 01/12/2028 0.32% 1,365,000
MASCO CORP 4.375% 04/01/2026 0.32% 1,315,000
ACTAVIS FUNDING SCS 4.85% 06/15/2044 0.32% 1,300,000
FEDEX CORP 5.1% 01/15/2044 0.32% 1,260,000
UNUM GROUP 5.75% 08/15/2042 0.32% 1,250,000
LEGG MASON INC 5.625% 01/15/2044 0.32% 1,225,000
CONAGRA BRANDS INC 5.4% 11/01/2048 0.32% 1,160,000
MARATHON OIL CORP 6.6% 10/01/2037 0.32% 1,140,000
VIACOM INC 6.875% 04/30/2036 0.32% 1,070,000
HALLIBURTON CO 7.45% 09/15/2039 0.32% 1,000,000
PATTERSON UTI ENERGY INC 3.95% 02/01/2028 0.31% 1,435,000
SPIRIT AEROSYSTEMS INC 4.6% 06/15/2028 0.31% 1,410,000
CARDINAL HEALTH INC 4.368% 06/15/2047 0.31% 1,410,000
FLUOR CORP NEW 4.25% 09/15/2028 0.31% 1,410,000
WHIRLPOOL CORP 4.5% 06/01/2046 0.31% 1,340,000
SOUTHERN CO 5.5% 03/15/2057 0.31% 1,330,000
AMERICAN EQTY INVT LIFE HLD CO CR SEN SR GLBL27 5% 06/15/2027 0.31% 1,310,000
MPT OPERATING PARTNERSHIP L.P SR GLBL NT 5% 27 5% 10/15/2027 0.31% 1,300,000
CARE CAP PPTYS LP 5.125% 08/15/2026 0.31% 1,290,000
WABTEC CORP 4.95% 09/15/2028 0.31% 1,270,000
MOLSON COORS BEVERAGE COMPANY SR GLBL NT 5% 42 5% 05/01/2042 0.31% 1,260,000
PLAINS ALL AMERN PIPELINE L P SR NT 6.65% 37 6.65% 01/15/2037 0.31% 1,200,000
CHARTER COMMUNICATIONS OPER 6.834% 10/23/2055 0.31% 1,100,000
FIFTH THIRD BANCORP 8.25% 03/01/2038 0.31% 905,000
CIMAREX ENERGY CO 3.9% 05/15/2027 0.30% 1,325,000
WALGREENS BOOTS ALLIANCE INC SR NT 4.8% 44 4.8% 11/18/2044 0.30% 1,320,000
DARDEN RESTAURANTS INC 3.85% 05/01/2027 0.30% 1,305,000
ENERGY TRANSFER PRTNRS L P 7.5% 07/01/2038 0.30% 1,069,000
ONEOK PARTNERS LP 6.65% 10/01/2036 0.29% 1,030,000
OCCIDENTAL PETE CORP 6.6% 03/15/2046 0.29% 1,000,000
ENABLE MIDSTREAM PARTNERS LP SR NT 5% 44 5% 05/15/2044 0.28% 1,350,000
LEAR CORP 3.8% 09/15/2027 0.28% 1,260,000
FNMA TBA 30YR TBA 4.5% FEB 4.5% 02/15/2040 0.28% 1,215,000
GNMA TBA 30YR TBA 4.50% FEB 4.5% 02/15/2041 0.28% 1,200,000
HOLLYFRONTIER CORP 5.875% 04/01/2026 0.28% 1,140,000
INTL PAPER CO 7.3% 11/15/2039 0.28% 915,000
DIAMOND SPORTS GROUP LLC / DIA SR GLBL 144A 27 6.625% 08/15/2027 0.27% 1,270,000
BUCKEYE PARTNERS L P 3.95% 12/01/2026 0.27% 1,255,000
UNITED STATES TREAS NTS 2% 02/15/2022 0.27% 1,240,000
GNMAII JUMBO TBA 30YR TBA 3% FEB 3% 02/15/2043 0.27% 1,200,000
COACH INC 4.125% 07/15/2027 0.27% 1,185,000
ARCHROCK PARTNERS L P / ARCHRO SR GLBL 144A 27 6.875% 04/01/2027 0.27% 1,135,000
VULCAN MATLS CO 4.5% 06/15/2047 0.27% 1,100,000
ALTRIA GROUP INC 5.375% 01/31/2044 0.27% 1,080,000
HEWLETT PACKARD CO 6% 09/15/2041 0.27% 1,065,000
HASBRO INC 6.35% 03/15/2040 0.26% 1,000,000
GNMA TBA 30YR TBA 3.50% FEB 3.5% 02/15/2041 0.25% 1,100,000
GNMA TBA 30 YR 4.0 FEB 4% 02/15/2041 0.25% 1,100,000
GNMAII JUMBO TBA 30YR TBA 4% FEB 4% 02/15/2042 0.25% 1,100,000
GNMA TBA 30YR TBA 3% FEB 3% 02/15/2043 0.25% 1,100,000
CONCHO RES INC 3.75% 10/01/2027 0.25% 1,090,000
OLD REP INTL CORP 3.875% 08/26/2026 0.25% 1,075,000
EXELON GENERATION CO LLC 6.25% 10/01/2039 0.25% 940,000
GNMAII JUMBO TBA 30YR TBA 4.50% FEB 4.5% 02/15/2041 0.24% 1,040,000
NEXTERA ENERGY CAP HLDGS INC JR SB GLBL -M 77 4.8% 12/01/2077 0.24% 1,035,000
CARLISLE COS INC 3.75% 12/01/2027 0.24% 1,020,000
BNSF FUNDING TRUST 1 6.613% 12/15/2055 0.24% 970,000
TENNESSEE VALLEY AUTH 5.25% 09/15/2039 0.24% 780,000
ZAYO GROUP LLC/ZAYO CAP INC 6.375% 05/15/2025 0.23% 1,005,000
AT&T INC 5.3% 08/15/2058 0.23% 850,000
PSEG PWR LLC 8.625% 04/15/2031 0.22% 715,000
TENNESSEE VALLEY AUTH 5.88% 04/01/2036 0.22% 690,000
TENNESSEE VALLEY AUTH 6.15% 01/15/2038 0.22% 680,000
UNITED STATES TREAS NTS 1.875% 02/28/2022 0.21% 965,000
MURPHY OIL CORP 5.75% 08/15/2025 0.21% 920,000
MARTIN MARIETTA MATLS INC 4.25% 12/15/2047 0.21% 900,000
CALPINE CORP 5.75% 01/15/2025 0.20% 890,000
M D C HLDGS INC 6% 01/15/2043 0.20% 850,000
VALERO ENERGY CORP NEW 6.625% 06/15/2037 0.20% 670,000
TALLGRASS ENERGY PARTNERS LP/ SR GLBL 144A 24 5.5% 09/15/2024 0.19% 870,000
DOMINION ENERGY INC 5.75% 10/01/2054 0.19% 785,000
SONOCO PRODS CO 5.75% 11/01/2040 0.19% 690,000
TEREX CORP NEW 5.625% 02/01/2025 0.17% 760,000
UNITED STATES TREAS NTS 1.75% 02/28/2022 0.17% 750,000
FREEPORT-MCMORAN INC 5.4% 11/14/2034 0.17% 740,000
UNITED STATES CELLULAR CORP 6.7% 12/15/2033 0.17% 680,000
TENNESSEE VALLEY AUTH 7.125% 05/01/2030 0.17% 535,000
ALLEGHENY TECHNOLOGIES INC 7.875% 08/15/2023 0.16% 650,000
ENTERPRISE PRODS OPER LLC 4.875% 08/16/2077 0.15% 690,000
CUMULUS MEDIA NEW HLDGS INC 6.75% 07/01/2026 0.14% 610,000
CF INDS INC 5.375% 03/15/2044 0.14% 550,000
TENNESSEE VALLEY AUTH 1.875% 08/15/2022 0.13% 575,000
AMKOR TECHNOLOGY INC 6.625% 09/15/2027 0.13% 555,000
GREIF INC 6.5% 03/01/2027 0.13% 550,000
NCR CORP NEW 6.125% 09/01/2029 0.13% 520,000
HOSPITALITY PPTYS TR 4.35% 10/01/2024 0.12% 510,000
HARSCO CORP 5.75% 07/31/2027 0.12% 500,000
GRAY ESCROW INC 7% 05/15/2027 0.12% 490,000
VALERO ENERGY PARTNERS LP 4.375% 12/15/2026 0.12% 480,000
GRUBHUB HLDGS INC 5.5% 07/01/2027 0.11% 500,000
SALLY HLDGS LLC 5.625% 12/01/2025 0.11% 460,000
HUGHES SATELLITE SYS CORP 6.625% 08/01/2026 0.11% 440,000
PARSLEY ENERGY LLC 5.625% 10/15/2027 0.10% 430,000
TENNESSEE VALLEY AUTH 2.875% 02/01/2027 0.10% 430,000
FEDERAL HOME LN MTG CORP 1.125% 08/12/2021 0.09% 420,000
FEDERAL NATL MTG ASSN 1.25% 08/17/2021 0.09% 415,000
FEDERAL HOME LOAN BANKS 3% 09/10/2021 0.09% 400,000
SUNOCO LP/SUNOCO FIN CORP 6% 04/15/2027 0.09% 400,000
OLIN CORP 5% 02/01/2030 0.09% 390,000
HERC HLDGS INC 5.5% 07/15/2027 0.09% 370,000
FEDERAL NATL MTG ASSN 7.125% 01/15/2030 0.09% 290,000
TALLGRASS ENERGY PARTNERS LP/ SR GLBL 144A 28 5.5% 01/15/2028 0.08% 380,000
FEDERAL HOME LOAN BANKS 1.875% 11/29/2021 0.08% 375,000
FEDERAL HOME LOAN BANKS 2.625% 12/10/2021 0.08% 365,000
CSC HLDGS INC 5.75% 01/15/2030 0.08% 350,000
IHEARTCOMMUNICATIONS INC 6.375% 05/01/2026 0.08% 350,000
TEMPUR SEALY INTL INC 5.5% 06/15/2026 0.08% 350,000
UNITED STATES TREAS NTS 2.25% 11/15/2025 0.08% 340,000
TENNESSEE VALLEY AUTH 6.75% 11/01/2025 0.08% 300,000
FEDERAL HOME LOAN BANKS 3% 10/12/2021 0.07% 315,000
FEDERAL NATL MTG ASSN 1.375% 10/07/2021 0.07% 310,000
UNITED STATES TREAS NTS 1.625% 05/15/2026 0.07% 310,000
POST HLDGS INC 5.625% 01/15/2028 0.07% 290,000
FEDERAL NATL MTG ASSN 6.625% 11/15/2030 0.07% 230,000
FEDERAL NATL MTG ASSN 7.25% 05/15/2030 0.07% 220,000
FEDERAL HOME LN BKS 5.5% 07/15/2036 0.07% 220,000
FEDERAL NATL MTG ASSN 2.625% 01/11/2022 0.06% 260,000
H & E EQUIPMENT SERVICES INC SR GLBL NT 25 5.625% 09/01/2025 0.06% 260,000
FEDERAL NATL MTG ASSN 2% 01/05/2022 0.06% 260,000
SIX FLAGS ENTMT CORP NEW 5.5% 04/15/2027 0.06% 260,000
FEDERAL HOME LN MTG CORP 2.375% 01/13/2022 0.06% 255,000
NUSTAR LOGISTICS L P 5.625% 04/28/2027 0.06% 250,000
FEDERAL HOME LN MTG CORP 6.75% 03/15/2031 0.06% 200,000
FEDERAL NATL MTG ASSN 5.625% 07/15/2037 0.06% 200,000
FEDERAL NATL MTG ASSN 2.5% 04/13/2021 0.05% 245,000
FEDERAL HOME LOAN BANKS 2.5% 03/11/2022 0.05% 245,000
FEDERAL HOME LOAN BANKS 2.25% 03/11/2022 0.05% 240,000
HOWARD HUGHES CORP 5.375% 03/15/2025 0.05% 220,000
TAYLOR MORRISON CMNTYS INC 5.875% 06/15/2027 0.05% 200,000
NUANCE COMMUNICATIONS INC 5.625% 12/15/2026 0.05% 195,000
FEDERAL HOME LN MTG CORP 6.75% 09/15/2029 0.05% 150,000
TENNESSEE VALLEY AUTH 2.875% 09/15/2024 0.04% 180,000
FEDERAL HOME LOAN BANKS 2.125% 06/10/2022 0.04% 175,000
GRAY TELEVISION INC 5.875% 07/15/2026 0.04% 155,000
FEDERAL NATL MTG ASSN 6.25% 05/15/2029 0.04% 150,000
TENNESSEE VALLEY AUTH 3.5% 12/15/2042 0.04% 150,000
NEXSTAR ESCROW INC 5.625% 07/15/2027 0.04% 150,000
FEDERAL HOME LOAN BANKS 2% 09/09/2022 0.03% 150,000
FEDERAL NATL MTG ASSN 1.875% 04/05/2022 0.03% 130,000
FEDERAL NATL MTG ASSN 1.375% 09/06/2022 0.03% 130,000
FEDERAL NATL MTG ASSN 2.25% 04/12/2022 0.03% 125,000
NETFLIX INC 6.375% 05/15/2029 0.03% 100,000
FEDERAL NATL MTG ASSN 2% 10/05/2022 0.02% 110,000
FEDERAL NATL MTG ASSN 2.375% 01/19/2023 0.02% 110,000
L BRANDS INC 6.875% 11/01/2035 0.02% 110,000
MASONITE INTL CORP NEW 5.375% 02/01/2028 0.02% 100,000
FEDERAL HOME LOAN BANKS 3.25% 06/09/2028 0.02% 100,000
ALLISON TRANSMISSION INC 5.875% 06/01/2029 0.02% 100,000
STERICYCLE INC 5.375% 07/15/2024 0.02% 100,000
VISTRA OPERATIONS CO LLC 5.5% 09/01/2026 0.02% 100,000
BERRY GLOBAL INC 4.5% 02/15/2026 0.02% 80,000
FEDERAL NATL MTG ASSN 1.25% 05/06/2021 0.02% 75,000
FEDERAL NATL MTG ASSN 2.75% 06/22/2021 0.01% 60,000
FEDERAL HOME LOAN BANKS 2.125% 06/09/2023 0.01% 50,000
FEDERAL HOME LN MTG CORP 2.75% 06/19/2023 0.01% 50,000
UNITED STATES TREAS NTS 2.75% 08/31/2025 0.01% 50,000

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.