| Name | CUSIP or other identifier | Weight | Shares |
| UNITED STATES TREAS NTS 1.625% 08/15/2022 | 912828TJ9 | 4.18% | 16,295,000 |
| UNITED STATES TREAS NTS 1.625% 08/31/2022 | 9128282S8 | 3.36% | 13,080,000 |
| UNITED STATES TREAS BDS 6% 02/15/2026 | 912810EW4 | 3.30% | 10,125,000 |
| UNITED STATES TREAS NTS 1.5% 08/15/2022 | 912828YA2 | 3.19% | 12,460,000 |
| UNITED STATES TREAS BDS 5.5% 08/15/2028 | 912810FE3 | 3.06% | 8,820,000 |
| UNITED STATES TREAS NTS 1.875% 08/31/2022 | 912828L24 | 2.72% | 10,540,000 |
| FNCL 3.5% TBA OCT 3.5% 10/01/2040 | 01F0326A7 | 2.21% | 8,400,000 |
| FNMA TBA 30YR TBA 4.50% OCT 4.5% 10/15/2041 | 01F0426A6 | 2.20% | 8,140,000 |
| UNITED STATES TREAS NTS 1.75% 09/30/2022 | 912828L57 | 2.17% | 8,430,000 |
| UNITED STATES TREAS BDS 4.375% 05/15/2041 | 912810QQ4 | 1.89% | 4,745,000 |
| UNITED STATES TREAS BDS 3.75% 11/15/2043 | 912810RD2 | 1.83% | 4,885,000 |
| UNITED STATES TREAS BDS 5.25% 02/15/2029 | 912810FG8 | 1.81% | 5,230,000 |
| UNITED STATES TREAS BDS 3.625% 08/15/2043 | 912810RC4 | 1.78% | 4,835,000 |
| UNITED STATES TREAS NTS 2% 12/31/2021 | 912828U81 | 1.55% | 6,060,000 |
| UNITED STATES TREAS NTS 1.75% 11/30/2021 | 912828U65 | 1.45% | 5,695,000 |
| UNITED STATES TREAS BDS 4.75% 02/15/2041 | 912810QN1 | 1.40% | 3,375,000 |
| UNITED STATES TREAS NTS 2.125% 12/31/2021 | 912828G87 | 1.36% | 5,315,000 |
| UNITED STATES TREAS NTS 1.875% 01/31/2022 | 912828V72 | 1.34% | 5,245,000 |
| UNITED STATES TREAS NTS 2.5% 01/15/2022 | 9128285V8 | 1.32% | 5,135,000 |
| FNMA TBA 30YR TBA 3% OCT 3% 10/15/2050 | 01F0306A1 | 1.28% | 4,890,000 |
| UNITED STATES TREAS NTS 1.875% 09/30/2022 | 9128282W9 | 1.22% | 4,730,000 |
| UNITED STATES TREAS BDS 3.75% 08/15/2041 | 912810QS0 | 1.22% | 3,295,000 |
| UNITED STATES TREAS BDS 4.25% 11/15/2040 | 912810QL5 | 1.21% | 3,095,000 |
| UNITED STATES TREAS NTS 1.875% 11/30/2021 | 912828G53 | 1.15% | 4,530,000 |
| UNITED STATES TREAS BDS 3.625% 02/15/2044 | 912810RE0 | 1.07% | 2,905,000 |
| UNITED STATES TREAS BDS 5.25% 11/15/2028 | 912810FF0 | 1.05% | 3,035,000 |
| UNITED STATES TREAS NTS 1.5% 01/31/2022 | 912828H86 | 1.00% | 3,940,000 |
| UNITED STATES TREAS NTS 2.5% 02/15/2022 | 9128286C9 | 0.97% | 3,770,000 |
| UNITED STATES TREAS NTS 1.375% 10/15/2022 | 912828YK0 | 0.80% | 3,130,000 |
| UNITED STATES TREAS BDS 6.25% 05/15/2030 | 912810FM5 | 0.73% | 1,905,000 |
| UNITED STATES TREAS BDS 4.375% 05/15/2040 | 912810QH4 | 0.73% | 1,850,000 |
| Cash & Other | Cash&Other | 0.67% | 2,685,423 |
| UNITED STATES TREAS BDS 3.875% 04/15/2029 | 912810FH6 | 0.67% | 1,859,491 |
| UNITED STATES TREAS BDS 3.375% 04/15/2032 | 912810FQ6 | 0.65% | 1,707,591 |
| UNITED STATES TREAS BDS 3.625% 04/15/2028 | 912810FD5 | 0.60% | 1,761,859 |
| WI TREASURY SEC 0.5% 04/15/2024 | 9128286N5 | 0.57% | 2,167,307 |
| UNITED STATES TREAS BDS 2% 01/15/2026 | 912810FS2 | 0.53% | 1,814,255 |
| GNMA TBA 30YR TBA 4% OCT 4% 10/15/2040 | 01N0406A1 | 0.47% | 1,800,000 |
| UNITED STATES TREAS BDS TIPS 01/15/24 0.625% 01/15/2024 | 912828B25 | 0.47% | 1,765,313 |
| TSY INFL IX N/B 0.125% 04/15/2025 | 912828ZJ2 | 0.47% | 1,765,156 |
| UNITED STATES TREAS BDS 4.625% 02/15/2040 | 912810QE1 | 0.46% | 1,140,000 |
| FNMA TBA 30YR TBA 02.500% OCT 2.5% 10/15/2046 | 01F0226A8 | 0.44% | 1,680,000 |
| US TSY INFL IX N/B 2.5% 1/15/2029 2.5% 01/15/2029 | 912810PZ5 | 0.44% | 1,351,392 |
| UNITED STATES TREAS BDS 1.75% 01/15/2028 | 912810PV4 | 0.43% | 1,397,324 |
| UNITED STATES TREAS BDS TIPS 2.125% 41 2.125% 02/15/2041 | 912810QP6 | 0.43% | 1,100,152 |
| GNMAII JUMBO TBA 30YR TBA 02.500% OCT 2.5% 10/15/2046 | 21H0226A4 | 0.42% | 1,600,000 |
| GNMAII JUMBO TBA 30YR TBA 03.000% OCT 3% 10/15/2044 | 21H0306A7 | 0.42% | 1,600,000 |
| GNMAII JUMBO TBA 30YR TBA 3.5% OCT 3.5% 10/15/2042 | 21H0326A3 | 0.42% | 1,600,000 |
| GNMAII JUMBO TBA 30YR TBA 4% OCT 4% 10/15/2041 | 21H0406A6 | 0.42% | 1,600,000 |
| GNMA TBA 30YR TBA 3% OCT 3% 10/15/2042 | 01N0306A2 | 0.42% | 1,600,000 |
| GNMA TBA 30YR TBA 3.50% OCT 3.5% 10/15/2041 | 01N0326A8 | 0.42% | 1,600,000 |
| GNSF 2.5 10/20 2.5% 10/15/2050 | 01N0226A9 | 0.42% | 1,600,000 |
| UNITED STATES TREAS BDS TIPS 02/15/40 2.125% 02/15/2040 | 912810QF8 | 0.42% | 1,102,684 |
| ONEOK PARTNERS LP 6.65% 10/01/2036 | 68268NAC7 | 0.41% | 1,430,000 |
| FNMA TBA 30YR TBA 4% OCT 4% 10/15/2041 | 01F0406A0 | 0.40% | 1,500,000 |
| UNITED STATES TREAS NTS 0.25% 01/15/2025 | 912828H45 | 0.39% | 1,449,205 |
| TSY INFL IX N/B 0.875% 01/15/2029 | 9128285W6 | 0.39% | 1,349,137 |
| UNITED STATES TREAS BDS 3.125% 02/15/2043 | 912810QZ4 | 0.39% | 1,140,000 |
| UNITED STATES TREAS NTS 2% 02/15/2022 | 912828SF8 | 0.38% | 1,465,000 |
| TSY INFL IX N/B 0.5% 01/15/2028 | 9128283R9 | 0.36% | 1,286,544 |
| TSY INFL IX N/B 0.75% 07/15/2028 | 912828Y38 | 0.35% | 1,207,475 |
| ENTERPRISE PRODS OPER LLC 4.875% 08/16/2077 | 29379VBM4 | 0.34% | 1,570,000 |
| SOUTHERN CO 5.5% 03/15/2057 | 842587CY1 | 0.34% | 1,325,000 |
| MARKEL CORP 5% 04/05/2046 | 570535AQ7 | 0.34% | 1,010,000 |
| MOHAWK INDS INC 3.625% 05/15/2030 | 608190AL8 | 0.33% | 1,225,000 |
| PLAINS ALL AMERN PIPELINE L P SR NT 6.65% 37 6.65% 01/15/2037 | 72650RAR3 | 0.33% | 1,200,000 |
| GLP CAP LP/GLP FING II INC 5.75% 06/01/2028 | 361841AK5 | 0.33% | 1,150,000 |
| KINDER MORGAN ENERGY PARTNERS SR GLBL NT 38 6.95% 01/15/2038 | 494550AW6 | 0.33% | 1,010,000 |
| VIACOMCBS INC 6.875% 04/30/2036 | 925524AX8 | 0.33% | 970,000 |
| UNITED STATES TREAS BDS 6.125% 11/15/2027 | 912810FB9 | 0.33% | 950,000 |
| KIRBY CORP 4.2% 03/01/2028 | 497266AC0 | 0.32% | 1,240,000 |
| SYNCHRONY FINANCIAL 3.7% 08/04/2026 | 87165BAL7 | 0.32% | 1,205,000 |
| NEXTERA ENERGY CAP HLDGS INC JR SB GLBL -M 77 4.8% 12/01/2077 | 65339KAV2 | 0.32% | 1,200,000 |
| SABRA HLTH CARE LP/SABRA CAP C SR GLBL NT 26 5.125% 08/15/2026 | 14162VAB2 | 0.32% | 1,190,000 |
| OWENS CORNING NEW 4.3% 07/15/2047 | 690742AG6 | 0.32% | 1,170,000 |
| JABIL INC 3.95% 01/12/2028 | 466313AH6 | 0.32% | 1,170,000 |
| HESS CORP 6% 01/15/2040 | 42809HAC1 | 0.32% | 1,150,000 |
| LEGG MASON INC 5.625% 01/15/2044 | 524901AR6 | 0.32% | 920,000 |
| NORDSTROM INC 4.375% 04/01/2030 | 655664AT7 | 0.31% | 1,510,000 |
| EDISON INTL 4.125% 03/15/2028 | 281020AM9 | 0.31% | 1,210,000 |
| BRIXMOR OPERATING PRTSHP LP 4.05% 07/01/2030 | 11120VAJ2 | 0.31% | 1,155,000 |
| DOMINION ENERGY INC 5.75% 10/01/2054 | 25746UBY4 | 0.31% | 1,150,000 |
| TSY INFL IX N/B 0.125% 01/15/2030 | 912828Z37 | 0.31% | 1,127,716 |
| OMEGA HEALTHCARE INVS INC 5.25% 01/15/2026 | 681936BH2 | 0.31% | 1,125,000 |
| SOUTHWEST AIRLS CO 5.125% 06/15/2027 | 844741BK3 | 0.31% | 1,125,000 |
| AMERICAN INTL GROUP INC 5.75% 04/01/2048 | 026874DM6 | 0.31% | 1,115,000 |
| MOLSON COORS BEVERAGE CO 5% 05/01/2042 | 60871RAD2 | 0.31% | 1,090,000 |
| WESTINGHOUSE AIR BRAKE TECHNOL 4.7% 28 4.95% 09/15/2028 | 960386AM2 | 0.31% | 1,050,000 |
| ALTRIA GROUP INC 5.375% 01/31/2044 | 02209SAR4 | 0.31% | 1,005,000 |
| NEWFIELD EXPL CO 5.375% 01/01/2026 | 651290AR9 | 0.30% | 1,260,000 |
| LAS VEGAS SANDS CORP 3.9% 08/08/2029 | 517834AF4 | 0.30% | 1,185,000 |
| VOYA FINANCIAL INC 5.65% 05/15/2053 | 45685EAG1 | 0.30% | 1,155,000 |
| ARES CAPITAL CORP 4.25% 03/01/2025 | 04010LAV5 | 0.30% | 1,155,000 |
| DISCOVER BK 4.682% 08/09/2028 | 25466AAN1 | 0.30% | 1,150,000 |
| VERISIGN INC 4.75% 07/15/2027 | 92343EAL6 | 0.30% | 1,125,000 |
| AMERICAN EQTY INVT LIFE HLD CO CR SEN SR GLBL27 5% 06/15/2027 | 025676AM9 | 0.30% | 1,115,000 |
| NATIONAL FUEL GAS CO 5.5% 01/15/2026 | 636180BQ3 | 0.30% | 1,115,000 |
| SEAGATE HDD CAYMAN 4.875% 06/01/2027 | 81180WAR2 | 0.30% | 1,085,000 |
| ENSTAR GROUP LTD 4.95% 06/01/2029 | 29359UAB5 | 0.30% | 1,050,000 |
| MARTIN MARIETTA MATLS INC 4.25% 12/15/2047 | 573284AU0 | 0.30% | 1,035,000 |
| UNUM GROUP 5.75% 08/15/2042 | 91529YAJ5 | 0.30% | 1,035,000 |
| ENERGY TRANSFER OPERATING L P SR GLBL NT7.5% 38 7.5% 07/01/2038 | 29273RAJ8 | 0.30% | 1,009,000 |
| ATHENE HOLDING LTD 6.15% 04/03/2030 | 04686JAB7 | 0.30% | 1,000,000 |
| KOHLS CORP 9.5% 05/15/2025 | 500255AW4 | 0.30% | 1,000,000 |
| KRAFT HEINZ FOODS CO 6.5% 02/09/2040 | 50076QAN6 | 0.30% | 950,000 |
| FEDEX CORP 5.1% 01/15/2044 | 31428XAW6 | 0.30% | 950,000 |
| HEWLETT PACKARD ENTERPRISE CO SR GLBL NT 45 6.35% 10/15/2045 | 42824CAY5 | 0.30% | 950,000 |
| DEVON FING CORP U L C 7.875% 09/30/2031 | 25179SAD2 | 0.30% | 940,000 |
| SONOCO PRODS CO 5.75% 11/01/2040 | 835495AJ1 | 0.30% | 920,000 |
| HALLIBURTON CO 7.45% 09/15/2039 | 406216AY7 | 0.30% | 900,000 |
| AT&T INC 5.3% 08/15/2058 | 00206RFS6 | 0.30% | 885,000 |
| METLIFE INC 10.75% 08/01/2069 | 59156RAV0 | 0.30% | 735,000 |
| DOW CHEM CO 9.4% 05/15/2039 | 260543BY8 | 0.30% | 700,000 |
| ENABLE MIDSTREAM PARTNERS LP SR NT 5% 44 5% 05/15/2044 | 292480AJ9 | 0.29% | 1,370,000 |
| EPR PPTYS 3.75% 08/15/2029 | 26884UAF6 | 0.29% | 1,330,000 |
| HOST HOTELS & RESORTS LP 3.375% 12/15/2029 | 44107TAY2 | 0.29% | 1,245,000 |
| BRIGHTHOUSE FINL INC 4.7% 06/22/2047 | 10922NAF0 | 0.29% | 1,225,000 |
| CIMAREX ENERGY CO 3.9% 05/15/2027 | 171798AD3 | 0.29% | 1,155,000 |
| MPLX LP 4.9% 04/15/2058 | 55336VAP5 | 0.29% | 1,115,000 |
| MPT OPER PTSHP LP/MPT FIN CORP SR GLBL NT 5% 27 5% 10/15/2027 | 55342UAH7 | 0.29% | 1,110,000 |
| DARDEN RESTAURANTS INC 3.85% 05/01/2027 | 237194AL9 | 0.29% | 1,095,000 |
| BNSF FUNDING TRUST 1 6.613% 12/15/2055 | 05567SAA0 | 0.29% | 1,020,000 |
| UNITED STATES TREAS BDS 2.375% 01/15/2025 | 912810FR4 | 0.29% | 1,017,004 |
| VULCAN MATLS CO 4.5% 06/15/2047 | 929160AV1 | 0.29% | 1,005,000 |
| MICRON TECHNOLOGY INC 5.327% 02/06/2029 | 595112BN2 | 0.29% | 970,000 |
| HEWLETT PACKARD CO 6% 09/15/2041 | 428236BR3 | 0.29% | 945,000 |
| WILLIAMS PARTNERS L.P. 6.3% 04/15/2040 | 96950FAF1 | 0.29% | 930,000 |
| EXELON GENERATION CO LLC 6.25% 10/01/2039 | 30161MAG8 | 0.29% | 920,000 |
| CHARTER COMMUNICATIONS OPER 6.834% 10/23/2055 | 161175BC7 | 0.29% | 830,000 |
| PSEG POWER LLC 8.625% 04/15/2031 | 69362BAJ1 | 0.29% | 815,000 |
| FIFTH THIRD BANCORP 8.25% 03/01/2038 | 316773CH1 | 0.29% | 705,000 |
| PHILLIPS 66 PARTNERS LP 4.9% 10/01/2046 | 718549AE8 | 0.28% | 1,075,000 |
| LEAR CORP 3.8% 09/15/2027 | 521865AY1 | 0.28% | 1,070,000 |
| CARDINAL HEALTH INC 4.368% 06/15/2047 | 14149YBM9 | 0.28% | 1,035,000 |
| TSY INFL IX N/B 0.625% 01/15/2026 | 912828N71 | 0.28% | 1,013,941 |
| PRUDENTIAL FINL INC 5.7% 09/15/2048 | 744320BF8 | 0.28% | 1,000,000 |
| TSY INFL IX N/B 0.25% 07/15/2029 | 9128287D6 | 0.28% | 992,504 |
| INTERPUBLIC GROUP COS INC 5.4% 10/01/2048 | 460690BQ2 | 0.28% | 935,000 |
| CONCHO RES INC 3.75% 10/01/2027 | 20605PAH4 | 0.27% | 990,000 |
| TSY INFL IX N/B 0.375% 01/15/2027 | 912828V49 | 0.27% | 981,282 |
| HOLLYFRONTIER CORP 5.875% 04/01/2026 | 436106AA6 | 0.27% | 980,000 |
| HASBRO INC 6.35% 03/15/2040 | 418056AS6 | 0.27% | 910,000 |
| TENNESSEE VALLEY AUTH FED BE SR GLBL -B BD 38 6.15% 01/15/2038 | 880591CP5 | 0.27% | 660,000 |
| TAPESTRY INC 4.125% 07/15/2027 | 189754AC8 | 0.26% | 1,065,000 |
| 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 |
| TENNESSEE VALLEY AUTH FED BE SR GLBL BD 36 5.88% 04/01/2036 | 880591CS9 | 0.26% | 650,000 |
| TSY INFL IX N/B 0.375% 07/15/2027 | 9128282L3 | 0.25% | 884,290 |
| GENERAL MTRS CO 6.75% 04/01/2046 | 37045VAL4 | 0.25% | 805,000 |
| TSY INFL IX N/B 0.625% 02/15/2043 | 912810RA8 | 0.25% | 794,372 |
| DELTA AIR LINES INC 4.375% 04/19/2028 | 247361ZN1 | 0.23% | 1,045,000 |
| UNITED STATES TREAS NTS 1.75% 02/28/2022 | 912828J43 | 0.23% | 910,000 |
| VALERO ENERGY CORP 6.625% 06/15/2037 | 91913YAL4 | 0.21% | 670,000 |
| TENNESSEE VALLEY AUTH FED BE SR GLBL -A BD 27 2.875% 02/01/2027 | 880591EU2 | 0.19% | 670,000 |
| TENNESSEE VALLEY AUTH FED BE SR GLBL -C BD 39 5.25% 09/15/2039 | 880591EH1 | 0.19% | 500,000 |
| UNITED STATES TREAS BDS 6.25% 08/15/2023 | 912810EQ7 | 0.18% | 600,000 |
| UNITED STATES TREAS BDS TIPS 02/15/40 1.375% 02/15/2044 | 912810RF7 | 0.18% | 505,755 |
| TENNESSEE VALLEY AUTH FED BE SR GLBL -G BD 30 7.125% 05/01/2030 | 880591DM1 | 0.18% | 475,000 |
| STANLEY BLACK & DECKER INC 4% 03/15/2060 | 854502AM3 | 0.17% | 650,000 |
| UNITED STATES TREAS BDS 4.375% 11/15/2039 | 912810QD3 | 0.16% | 400,000 |
| TSY INFL IX N/B 0 1/8 07/15/24 0.125% 07/15/2024 | 912828WU0 | 0.15% | 578,240 |
| TSY INFL IX N/B 0.375% 07/15/2025 | 912828XL9 | 0.15% | 568,053 |
| UNITED STATES TREAS NTS 0.125% 07/15/2026 | 912828S50 | 0.15% | 561,990 |
| UNITED STATES TREAS NTS 2% 10/31/2022 | 9128283C2 | 0.13% | 505,000 |
| TSY INFL IX N/B 0.125% 10/15/2024 | 912828YL8 | 0.13% | 499,806 |
| UNITED STATES TREAS BDS TIPS .75% 02/15/42 0.75% 02/15/2042 | 912810QV3 | 0.13% | 412,729 |
| FEDERAL NATL MTG ASSN 6.25% 05/15/2029 | 31359MEU3 | 0.13% | 350,000 |
| ALLSTATE CORP 6.5% 05/15/2067 | 020002AU5 | 0.12% | 365,000 |
| FEDERAL HOME LOAN BANKS 3.25% 06/09/2028 | 3130AEB25 | 0.11% | 360,000 |
| TENNESSEE VALLEY AUTH FED BE SR GLBL -E BD 25 6.75% 11/01/2025 | 880591CJ9 | 0.11% | 325,000 |
| TENNESSEE VALLEY AUTH FED BE SR -A BD1.875% 22 1.875% 08/15/2022 | 880591EN8 | 0.09% | 340,000 |
| FEDERAL NATL MTG ASSN 2.625% 01/11/2022 | 3135G0U92 | 0.09% | 335,000 |
| CORNING INC 5.45% 11/15/2079 | 219350BQ7 | 0.09% | 270,000 |
| FEDERAL NATL MTG ASSN 7.25% 05/15/2030 | 31359MFP3 | 0.09% | 220,000 |
| FEDERAL NATL MTG ASSN 7.125% 01/15/2030 | 31359MFJ7 | 0.08% | 200,000 |
| FEDERAL HOME LN MTG CORP 6.75% 03/15/2031 | 3134A4AA2 | 0.08% | 200,000 |
| FEDERAL HOME LOAN BANKS 2.625% 12/10/2021 | 313376C94 | 0.07% | 265,000 |
| 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 |
| FEDERAL HOME LOAN BANKS 1.875% 11/29/2021 | 3130AABG2 | 0.06% | 240,000 |
| FEDERAL HOME LOAN BANKS 3.25% 11/16/2028 | 3130AFFX0 | 0.06% | 200,000 |
| TSY INFL IX N/B 0 3/4 02/15/45 0.75% 02/15/2045 | 912810RL4 | 0.06% | 198,021 |
| FEDERAL HOME LOAN BANKS 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 |
| FEDERAL NATL MTG ASSN 6.625% 11/15/2030 | 31359MGK3 | 0.06% | 150,000 |
| UNITED RENTALS NORTH AMER INC SR SEC GLBL NT27 3.875% 11/15/2027 | 911365BM5 | 0.05% | 205,000 |
| WI TREASURY SEC 07/15/23 0.375% 07/15/2023 | 912828VM9 | 0.05% | 200,372 |
| MARATHON OIL CORP 6.8% 03/15/2032 | 565849AB2 | 0.05% | 195,000 |
| TENNESSEE VALLEY AUTH FED BE SR GLBL -A BD 24 2.875% 09/15/2024 | 880591ER9 | 0.05% | 180,000 |
| FEDERAL HOME LOAN BANKS 2.125% 06/10/2022 | 313379Q69 | 0.05% | 175,000 |
| UNITED STATES TREAS BDS 1% 02/15/2046 | 912810RR1 | 0.05% | 147,599 |
| ENTERPRISE PRODS OPER LLC 5.375% 02/15/2078 | 29379VBR3 | 0.04% | 165,000 |
| FEDERAL HOME LOAN BANKS 2% 09/09/2022 | 313380GJ0 | 0.04% | 150,000 |
| ONEOK PARTNERS LP 6.85% 10/15/2037 | 68268NAD5 | 0.04% | 150,000 |
| FEDERAL HOME LOAN BANKS 2.5% 03/11/2022 | 313378WG2 | 0.04% | 145,000 |
| FEDERAL HOME LOAN BANKS 2.25% 03/11/2022 | 313378CR0 | 0.04% | 140,000 |
| TENNESSEE VALLEY AUTH FED BE -B 3.5% 42 3.5% 12/15/2042 | 880591EP3 | 0.04% | 130,000 |
| FEDERAL NATL MTG ASSN 5.625% 07/15/2037 | 31398AFD9 | 0.04% | 100,000 |
| 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 |
| 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 HOME LOAN BANKS 1.875% 12/09/2022 | 313381BR5 | 0.03% | 100,000 |
| FEDERAL HOME LOAN BANKS 2.125% 03/10/2023 | 313382AX1 | 0.03% | 100,000 |
| FEDERAL NATL MTG ASSN 1.875% 09/24/2026 | 3135G0Q22 | 0.03% | 100,000 |
| FEDERAL HOME LOAN BANKS 1.375% 02/17/2023 | 3130AJ7E3 | 0.03% | 100,000 |
| HALLIBURTON CO 6.7% 09/15/2038 | 406216AW1 | 0.03% | 100,000 |
| FEDERAL HOME LOAN BANKS 3.375% 12/08/2023 | 3130A0F70 | 0.03% | 95,000 |
| FEDERAL HOME LN MTG CORP 6.25% 07/15/2032 | 3134A4KX1 | 0.02% | 50,000 |
| FEDERAL HOME LN MTG CORP 2.75% 06/19/2023 | 3137EAEN5 | 0.01% | 50,000 |
| FEDERAL HOME LN MTG CORP 0.375% 05/05/2023 | 3137EAER6 | 0.01% | 50,000 |
| FEDERAL HOME LOAN BANKS 2.125% 06/09/2023 | 3133834G3 | 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.