American Funds - Portfolio holdings | American Funds

Portfolio Holdings

American Funds Insurance Series - Global Bond Fund

As of March 31, 2019 (updated quarterly, upon availability)

Fixed-Income Securities* Shares or Principal Amount Market Value
ACE INA Holdings Inc. 2.30% 2020 180,000 179,196
ACE INA Holdings Inc. 2.875% 2022 195,000 196,736
ACE INA Holdings Inc. 3.35% 2026 195,000 198,768
ACE INA Holdings Inc. 4.35% 2045 425,000 463,916
ADT Corp. 3.50% 2022 425,000 411,188
AES Corp. 5.50% 2025 450,000 468,000
ARGENT LETRAS DEL TESORO 0.0% 05-31-19 61,700,000 1,706,694
AT&T Inc. 4.250% 2027 3,775,000 3,889,145
AXA SA, junior subordinated 5.453% (undated) 300,000 420,460
AbbVie Inc. 2.50% 2020 3,155,000 3,146,112
AbbVie Inc. 2.90% 2022 1,170,000 1,168,112
AbbVie Inc. 3.20% 2022 200,000 201,920
AbbVie Inc. 3.20% 2026 2,007,000 1,954,800
AbbVie Inc. 4.50% 2035 410,000 402,832
Abbott Laboratories 2.90% 2021 420,000 422,027
Abbott Laboratories 3.40% 2023 137,000 139,961
Abbott Laboratories 3.75% 2026 793,000 824,672
Aetna Inc. 2.80% 2023 340,000 334,235
Alexandria Real Estate Equities, Inc. 2.75% 2020 180,000 179,725
Allergan PLC 3.00% 2020 2,820,000 2,819,134
Allergan PLC 3.80% 2025 2,809,000 2,849,273
Allergan PLC 4.75% 2045 130,000 130,051
Allianz SE 4.75% (undated) (3-month EUR-EURIBOR + 3.60% on 10/24/2023) 4,200,000 5,312,735
Allison Transmission Holdings, Inc. 5.00% 2024 455,000 455,569
Almonde Inc., Term Loan, (3-month USD-LIBOR + 7.25%) 9.851% 2025 650,000 627,413
Altria Group, Inc. 1.00% 2025 1,020,000 1,153,203
Altria Group, Inc. 1.70% 2025 1,600,000 1,820,787
Altria Group, Inc. 2.20% 2027 1,600,000 1,821,176
Altria Group, Inc. 4.50% 2043 191,000 172,013
Altria Group, Inc. 5.95% 2049 131,000 140,774
Amazon.com, Inc. 2.80% 2024 2,920,000 2,927,840
Amazon.com, Inc. 3.15% 2027 980,000 989,060
American Axle & Manufacturing Holdings, Inc. 6.50% 2027 475,000 462,531
American Campus Communities, Inc. 3.75% 2023 1,810,000 1,836,165
American Campus Communities, Inc. 4.125% 2024 1,195,000 1,222,796
American Energy (Permian Basin) (3-month USD-LIBOR + 6.50%) 9.233% 2019 150,000 60,000
American Energy (Permian Basin) 7.125% 2020 1,295,000 505,050
American Energy (Permian Basin) 7.375% 2021 340,000 132,600
Amgen Inc. 1.85% 2021 420,000 412,149
Anheuser-Busch InBev NV 4.00% 2028 1,050,000 1,068,124
Anheuser-Busch InBev NV 4.15% 2025 2,230,000 2,326,332
Anheuser-Busch InBev NV 4.75% 2029 1,975,000 2,104,894
Apple Inc. 2.50% 2022 1,200,000 1,199,434
Apple Inc. 3.35% 2027 1,075,000 1,098,427
Applied Systems, Inc., Term Loan, (3-month USD-LIBOR + 7.00%) 9.499% 2025 80,000 80,975
Argentina (Central Bank of) 0% 2019 52,998,350 1,515,571
Argentina (Central Bank of) 0% 2020 33,994,100 873,112
Argentina (Central Bank of) 0% 2020 42,800,000 962,986
Argentine Republic 2.50% 2021 109,805,043 2,153,173
Argentine Republic 6.875% 2021 3,575,000 3,272,913
Argentine Republic 6.875% 2048 1,695,000 1,252,181
Argentine Republic 7.50% 2026 2,200,000 1,872,475
Ascent Resources Marcellus Holdings, Inc., Term Loan B, (3-month USD-LIBOR + 6.50%) 8.993% 2023 210,000 210,525
Associated Materials, LLC 9.00% 2024 465,000 459,188
AstraZeneca PLC 3.50% 2023 2,700,000 2,756,849
Australia (Commonwealth of), Series 128, 5.75% 2022 10,150,000 8,214,677
Australia (Commonwealth of), Series 133, 5.50% 2023 6,625,000 5,463,588
Autoridad del Canal de Panama 4.95% 2035 1,000,000 1,068,750
Avis Budget Group, Inc. 5.50% 2023 740,000 748,325
Aviva PLC, junior subordinated 6.875% 2058 470,000 778,365
Aviva PLC, subordinated 6.125% 2043 (5 year EURO Mid Swap + 5.13% on 7/5/2023) 1,500,000 1,945,507
Avon Products, Inc. 7.875% 2022 415,000 432,119
B&G Foods, Inc. 4.625% 2021 50,000 50,063
B&G Foods, Inc. 5.25% 2025 225,000 216,563
Banco Bilbao Vizcaya Argentaria SA 3.50% 2024 (5 year EURO Mid Swap + 2.55% on 4/11/2019) 3,300,000 3,705,177
Banco Nacional de Comercio Exterior SNC 3.80% 2026 (UST Yield Curve Rate T Note Constant Maturity 5 year + 3.00% on 8/11/2021) 880,000 862,409
Bank of America Corp. 2.625% 2020 1,550,000 1,546,905
Bank of America Corp. 3.55% 2024 (3-month USD-LIBOR + 0.78% on 3/5/2023) 1,400,000 1,422,603
Banque Centrale de Tunisie 6.75% 2023 2,295,000 2,504,372
Barclays Bank PLC 6.00% 2021 1,000,000 1,223,258
Barclays Bank PLC 6.625% 2022 1,070,000 1,386,455
Bayer AG 3.375% 2024 840,000 822,228
Bayer US Finance II LLC 3.875% 2023 900,000 907,777
Bayer US Finance II LLC 4.25% 2025 203,000 205,499
Becton, Dickinson and Co. 2.675% 2019 353,000 351,919
Becton, Dickinson and Co. 3.70% 2027 1,430,000 1,427,340
Belgium (Kingdom of), Series 82, 0.50% 2024 6,275,000 7,303,534
Blackstone CQP Holdco LP 6.50% 2021 2,945,000 2,945,000
Brandywine Operating Partnership, LP 3.95% 2023 190,000 194,291
Brazil (Federative Republic of) 0% 2021 14,000 3,041,252
Brazil (Federative Republic of) 0% 2022 36,000 7,185,790
Brazil (Federative Republic of) 10.00% 2025 31,600 8,595,244
British American Tobacco International Finance PLC 2.75% 2020 530,000 528,119
British American Tobacco International Finance PLC 3.50% 2022 385,000 386,900
British American Tobacco PLC 3.557% 2027 1,545,000 1,465,601
British American Tobacco PLC 4.39% 2037 2,400,000 2,171,018
Buenos Aires (City of) (Badlar Private Banks ARS Index + 3.75%) 51.138% 2028 13,568,000 272,203
CCO Holdings LLC and CCO Holdings Capital Corp. 3.75% 2028 2,650,000 2,563,205
CCO Holdings LLC and CCO Holdings Capital Corp. 5.125% 2023 825,000 846,442
CCO Holdings LLC and CCO Holdings Capital Corp. 5.75% 2026 475,000 498,750
CF Industries, Inc. 4.95% 2043 545,000 469,381
CMS Energy Corp. 3.00% 2026 1,200,000 1,173,821
CMS Energy Corp. 3.875% 2024 100,000 102,605
CMS Energy Corp. 5.05% 2022 392,000 414,453
CONSOL Energy Inc. 5.875% 2022 1,624,000 1,628,060
CVR Partners, LP 9.25% 2023 175,000 183,969
CVS Health Corp. 2.80% 2020 430,000 429,689
CVS Health Corp. 3.125% 2020 1,000,000 1,003,038
CVS Health Corp. 3.35% 2021 520,000 524,432
CVS Health Corp. 3.50% 2022 430,000 435,859
CVS Health Corp. 3.70% 2023 710,000 721,745
CVS Health Corp. 4.10% 2025 670,000 688,889
CVS Health Corp. 4.30% 2028 778,000 789,759
CVS Health Corp. 5.05% 2048 716,000 722,770
Cablevision Systems Corp. 6.75% 2021 950,000 1,017,688
CaixaBank SA 2.25% 2030 2,400,000 2,589,732
CaixaBank, SA 3.50% 2027 (5 year EURO Mid Swap + 3.35% on 2/15/2022) 1,500,000 1,760,557
Calpine Corp. 5.25% 2026 680,000 679,150
Canada 1.00% 2022 1,050,000 771,933
Canada 2.25% 2025 9,450,000 7,364,119
Canada 3.50% 2020 2,500,000 2,893,080
Canadian Government 2.75% 2048 3,500,000 3,122,749
Capital Group Central Cash Fund 733,982 73,383,495
Centene Corp. 4.75% 2022 540,000 550,800
Centene Corp. 4.75% 2025 425,000 434,563
CenterPoint Energy Transition Bond Co. III, LLC, Series 2008, Class A2, 5.234% 2023 119,359 120,965
CenturyLink, Inc. 6.75% 2023 800,000 837,000
CenturyLink, Inc., Series T, 5.80% 2022 325,000 333,531
Chemours Co. 6.625% 2023 655,000 679,621
Chesapeake Energy Corp. 4.875% 2022 915,000 905,850
Chesapeake Energy Corp. 5.75% 2023 460,000 449,650
Chesapeake Energy Corp. 8.00% 2027 190,000 188,100
Chile (Banco Central de) 4.00% 2023 6,285,000,000 9,352,649
Chile (Banco Central de) 4.50% 2026 3,660,000,000 5,562,987
China Development Bank (Bond Connect), Series 1805 4.04% 2028 10,000,000 1,526,420
China Development Bank (Bond Connect), Series 1805 4.88% 2028 70,200,000 11,261,134
China Development Bank Corp. 4.73% 2025 102,000,000 16,022,721
China Development Bank Corp. Series 1814 4.15% 2025 70,000,000 10,649,641
Cigna Corp. 3.40% 2021 750,000 758,339
Cigna Corp. 4.125% 2025 830,000 860,099
Citigroup Inc. 2.35% 2021 1,500,000 1,483,298
Citigroup Inc. 2.55% 2019 2,800,000 2,799,896
Cleveland-Cliffs Inc. 4.875% 2024 950,000 945,250
Cleveland-Cliffs Inc. 5.75% 2025 1,350,000 1,296,000
Colombia (Republic of) 3.875% 2027 350,000 355,866
Colombia (Republic of), Series B, 6.25% 2025 28,060,000,000 8,924,396
Columbia (Republic of) 4.50% 2029 1,165,000 1,231,988
Columbia (Republic of) 5.20% 2049 2,420,000 2,607,066
Columbia Pipeline Partners LP 3.30% 2020 85,000 85,378
Comcast Corp. 3.95% 2025 2,610,000 2,733,202
Compass Diversified Holdings 8.00% 2026 440,000 458,425
Comstock Resources, Inc. 9.75% 2026 500,000 462,500
Conagra Brands, Inc. 4.30% 2024 2,380,000 2,467,910
Concordia International Corp. 8.00% 2024 47,000 44,415
Concordia International Corp., Term Loan, (3-month USD-LIBOR + 5.50%) 7.993% 2024 131,670 124,798
Consolidated Energy Finance SA 6.50% 2026 185,000 185,000
Consumers Energy Co. 3.375% 2023 345,000 354,445
Continental Airlines, Inc., Series 2000-1, Class A-1, 8.048% 2022 44,674 45,902
Continental Airlines, Inc., Series 2000-2, Class A1, 7.707% 2022 10,287 10,601
Convey Park Energy LLC 7.50% 2025 275,000 256,355
Core Industrial Trust, Series 2015-CALW, Class A, 3.04% 2034 1,385,060 1,395,394
Cote d'Ivoire (Republic of) 5.25% 2030 900,000 967,809
Crédit Agricole SA 4.375% 2025 1,100,000 1,122,066
DCP Midstream Operating LP 4.95% 2022 390,000 400,238
DP World Crescent 4.848% 2028 550,000 575,809
DaVita HealthCare Partners Inc. 5.00% 2025 380,000 365,560
DaimlerChrysler North America Holding Corp. 2.00% 2021 2,100,000 2,055,352
DaimlerChrysler North America Holding Corp. 2.875% 2021 2,275,000 2,270,525
DaimlerChrysler North America Holding Corp. 3.00% 2021 6,425,000 6,427,120
Danske Bank AS 2.70% 2022 1,400,000 1,364,166
Deutsche Telekom International Finance BV 1.95% 2021 575,000 562,139
Deutsche Telekom International Finance BV 2.82% 2022 1,675,000 1,671,250
Deutsche Telekom International Finance BV 4.375% 2028 890,000 927,031
Deutsche Telekom International Finance BV 7.50% 2033 200,000 384,031
Deutsche Telekom International Finance BV 9.25% 2032 1,930,000 2,807,972
Devon Energy Corp. 3.25% 2022 170,000 171,466
Diamond Offshore Drilling, Inc. 4.875% 2043 675,000 430,313
Diamond Offshore Drilling, Inc. 7.875% 2025 350,000 339,500
Diebold Nixdorf AG, Term Loan B, (3-month USD-LIBOR + 2.75%) 5.25% 2023 115,860 108,909
Dominican Republic 5.50% 2025 1,375,000 1,417,969
Dominican Republic 7.50% 2021 2,000,000 2,080,000
Dominican Republic 8.625% 2027 225,000 264,375
Duke Energy Corp. 2.65% 2026 2,695,000 2,570,804
Duke Energy Corp. 3.75% 2024 550,000 567,762
Duke Energy Progress, LLC 3.70% 2028 1,225,000 1,280,175
EGYPT T-BILL EGP 0% 04-09-19 43,800,000 2,527,086
EMD Finance LLC 2.40% 2020 1,485,000 1,478,653
EMD Finance LLC 2.95% 2022 225,000 224,221
EMD Finance LLC 3.25% 2025 2,950,000 2,909,617
Egypt (Arab Republic of) 0% 2019 34,800,000 1,956,119
Egypt (Arab Republic of) 0% 2019 49,200,000 2,829,897
Egypt (Arab Republic of) 0% 2019 62,000,000 3,473,581
Egypt (Arab Republic of) 0% 2019 3,200,000 178,590
Egypt (Arab Republic of) 5.625% 2030 745,000 806,015
Egypt (Arab Republic of) 5.75% 2020 1,800,000 1,824,037
Egypt (Arab Republic of) 7.50% 2027 2,200,000 2,309,186
Electricité de France SA 6.95% 2039 625,000 793,330
Enbridge Energy Partners, LP 4.375% 2020 480,000 490,671
Enbridge Energy Partners, LP 5.20% 2020 1,175,000 1,200,777
Enbridge Inc. 3.70% 2027 754,000 753,185
Enbridge Inc. 4.00% 2023 600,000 622,876
Enbridge Inc. 4.25% 2026 655,000 684,061
Endo International PLC 5.75% 2022 1,155,000 1,101,581
Enel Finance International SA 2.75% 2023 5,000,000 4,845,235
Enel Finance International SA 3.50% 2028 1,800,000 1,695,044
Enel Finance International SA 3.625% 2027 2,375,000 2,277,043
Energy Transfer Operating L.P. 5.875% 2024 325,000 356,027
Energy Transfer Partners, LP 4.00% 2027 1,490,000 1,480,370
Energy Transfer Partners, LP 4.20% 2027 110,000 110,685
Energy Transfer Partners, LP 6.00% 2048 70,000 75,805
Enersis Américas SA 4.00% 2026 650,000 643,533
Ensco PLC 7.75% 2026 725,000 615,344
Ensco PLC, 5.75% 2044 455,000 294,613
Essex Portfolio LP 3.375% 2026 885,000 876,136
Essex Portfolio LP 3.50% 2025 2,835,000 2,846,153
Euramax International, Inc. 12.00% 2020 650,000 662,188
European Financial Stability Facility 0.40% 2025 6,000,000 6,901,307
European Investment Bank 2.25% 2022 700,000 698,761
Exelon Corp. 3.40% 2026 1,465,000 1,465,602
Exelon Corp. 3.497% 2022 525,000 530,747
Extraction Oil & Gas, Inc. 5.625% 2026 400,000 309,000
Exxon Mobil Corp. 2.222% 2021 570,000 567,712
FS Energy and Power Fund 7.50% 2023 325,000 334,141
Fannie Mae 2049 395,823 407,775
Fannie Mae 3.50% 2042 333,906 341,220
Fannie Mae 3.50% 2042 687,989 703,653
Fannie Mae 3.50% 2042 225,461 230,833
Fannie Mae 3.50% 2049 22,169,064 22,478,212
Fannie Mae 3.50% 2049 1,786,162 1,812,553
Fannie Mae 4.00% 2048 148,802 153,466
Fannie Mae 4.00% 2048 4,721,684 4,867,377
Fannie Mae 4.00% 2049 35,946,999 37,021,275
Fannie Mae 4.00% 2049 35,209,088 36,266,698
Fannie Mae, Series 2012-M17, Class A2, Multi Family, 2.184% 2022 1,858,476 1,836,734
First Quantum Minerals Ltd. 6.875% 2026 525,000 488,906
First Quantum Minerals Ltd. 7.25% 2023 875,000 857,500
First Quantum Minerals Ltd. 7.50% 2025 1,875,000 1,809,375
FirstEnergy Corp. 3.50% 2028 645,000 634,563
FirstEnergy Corp. 3.90% 2027 3,915,000 3,979,073
FirstEnergy Corp. 4.85% 2047 380,000 408,850
Ford Motor Credit Co. 2.597% 2019 2,020,000 2,014,433
France Télécom 5.375% 2050 300,000 566,370
France Télécom 9.00% 2031 2,434,000 3,526,966
Freddie Mac 2049 7,160,000 7,377,585
Freddie Mac, Series 3213, Class OG, principal only, 0% 2036 10,410 9,513
Freddie Mac, Series 3292, Class BO, principal only, 0% 2037 43,903 38,064
Freeport-McMoRan Inc. 3.55% 2022 1,275,000 1,263,844
French Republic O.A.T. 1.00% 2027 15,125,000 18,248,964
French Republic O.A.T. 2.00% 2048 1,490,000 1,958,963
Frontier Communications Corp. 10.50% 2022 125,000 95,938
Frontier Communications Corp. 11.00% 2025 2,890,000 1,918,729
General Mills, Inc. 3.20% 2021 455,000 459,192
Genesis Energy, LP 6.50% 2025 150,000 146,625
Genesis Energy, LP 6.75% 2022 683,000 701,783
Germany (Federal Republic of) 0.10% 2026 5,838,145 7,264,151
Germany (Federal Republic of) 1.25% 2048 5,250,000 6,966,002
Germany (Federal Republic of) 2.50% 2046 2,400,000 4,037,277
Germany (Federal Republic of) 4.75% 2040 200,000 425,077
Germany (Federal Republic of) 6.25% 2030 1,800,000 3,405,721
Gogo Inc. 12.50% 2022 2,260,000 2,446,450
Gogo Inc., convertible notes, 6.00% 2022 110,000 107,049
Goldman Sachs Group, Inc. 2.00% 2019 850,000 849,602
Goldman Sachs Group, Inc. 2.905% 2023 (3-month USD-LIBOR + 0.99% on 7/24/2022) 1,200,000 1,187,580
Goldman Sachs Group, Inc. 3.20% 2023 2,152,000 2,157,249
Goldman Sachs Group, Inc. 3.50% 2025 5,190,000 5,178,779
Goldman Sachs Group, Inc. 3.75% 2026 580,000 583,109
Goldman Sachs Group, Inc. 4.223% 2029 (3-month USD-LIBOR + 1.301% on 5/1/2028) 4,040,000 4,137,954
Goldman Sachs Group, Inc. 4.75% 2045 1,805,000 1,926,002
Greece (Hellenic Republic of) 3.375% 2025 9,060,000 10,378,685
Greece (Hellenic Republic of) 3.45% 2024 19,210,000 22,414,498
Greece (Hellenic Republic of) 3.75% 2028 2,884,185 3,272,486
Greece (Hellenic Republic of) 3.875% 2029 15,400,000 17,482,509
Greece (Hellenic Republic of) 3.90% 2033 3,614,749 3,961,527
Greece (Hellenic Republic of) 4.00% 2037 3,769,810 4,020,935
Greece (Hellenic Republic of) 4.20% 2042 3,759,124 4,001,100
Groupe BPCE SA 2.75% 2026 (5 year EURO Mid Swap + 1.83% on 7/8/2021) 4,000,000 4,681,314
Groupe BPCE SA 4.625% 2023 1,200,000 1,556,569
Groupe BPCE SA 5.70% 2023 1,800,000 1,921,169
H.I.G. Capital, LLC 6.75% 2024 318,000 300,510
HCA Inc. 5.875% 2023 250,000 267,188
HSBC Holdings PLC 3.033% 2023 (3-month USD-LIBOR + 0.923% on 11/12/2022) 1,180,000 1,174,828
HSBC Holdings PLC 3.95% 2024 (3-month USD-LIBOR + 0.987% on 5/18/2023) 305,000 311,385
HSBC Holdings PLC 4.292% 2026 (3-month USD-LIBOR + 1.348% on 9/12/2025) 4,172,000 4,308,654
HUB International Ltd. 7.00% 2026 220,000 218,350
Halliburton Co. 3.80% 2025 870,000 890,576
Hanesbrands Inc. 4.625% 2024 85,000 85,655
Hanesbrands Inc. 4.875% 2026 350,000 347,060
Hardwoods Acquisition Inc. 7.50% 2021 228,000 142,500
Harris Corp. 2.70% 2020 155,000 154,462
HealthSouth Corp. 5.75% 2025 745,000 760,831
Hertz Global Holdings Inc. 7.625% 2022 1,070,000 1,097,820
Holcim Ltd. 5.15% 2023 1,290,000 1,361,373
Honduras (Republic of) 8.75% 2020 2,155,000 2,322,013
Humana Inc. 3.85% 2024 1,000,000 1,019,952
Hungary 3.875% 2020 1,000,000 1,163,872
Husky Energy Inc. 7.25% 2019 250,000 257,765
Hyundai Capital America 2.55% 2020 2,580,000 2,562,141
Hyundai Capital America 3.25% 2022 250,000 248,777
Hyundai Capital Services Inc. 2.625% 2020 500,000 495,578
Hyundai Capital Services Inc. 3.75% 2023 2,450,000 2,480,346
Icahn Enterprises Finance Corp. 6.25% 2022 575,000 591,301
Imperial Tobacco Finance PLC 3.50% 2023 2,000,000 2,000,406
India (Republic of) 6.79% 2027 525,000,000 7,285,916
India (Republic of) 6.97% 2026 431,000,000 6,108,105
India (Republic of) 7.35% 2024 30,000,000 440,245
India (Republic of) 7.59% 2026 438,600,000 6,434,172
India (Republic of) 7.59% 2029 95,800,000 1,389,463
India (Republic of) 7.61% 2030 167,270,000 2,433,655
India (Republic of) 7.88% 2030 25,000,000 369,812
India (Republic of) 8.83% 2023 811,200,000 12,584,098
Indonesia (Republic of) 3.75% 2022 1,110,000 1,126,071
Indonesia (Republic of) 4.75% 2026 3,500,000 3,704,453
Indonesia (Republic of), Series 64, 6.125% 2028 18,142,000,000 1,156,425
Indonesia (Republic of), Series 65, 6.625 2033 5,280,000,000 325,754
Indonesia (Republic of), Series 68, 8.375% 2034 79,720,000,000 5,760,442
Indonesia (Republic of), Series 74, 7.5% 2032 43,000,000,000 2,899,148
Indonesia (Republic of), Series 78, 8.25% 2029 80,188,000,000 5,896,408
Infor Software 7.125% 2021 450,000 452,862
Inmarsat PLC 4.875% 2022 1,500,000 1,530,300
Intelsat Jackson Holding Co. 8.50% 2024 1,350,000 1,319,625
International Paper Co. 7.30% 2039 600,000 758,588
Intesa Sanpaolo SpA 5.017% 2024 3,270,000 3,163,676
Intesa Sanpaolo SpA 6.625% 2023 510,000 680,557
Iraq (Republic of) 6.752% 2023 545,000 553,681
Ireland (Republic of) 0% 2022 12,700,000 14,385,738
Israel (State of) 1.50% 2029 1,600,000 1,877,280
Israel (State of) 2.00% 2027 28,300,000 8,025,449
Israel (State of) 5.50% 2042 29,300,000 11,783,075
Italy (Republic of) 0.10% 2023 19,514,215 21,486,303
Italy (Republic of) 1.85% 2024 18,500,000 20,942,010
Italy (Republic of) 2.05% 2027 5,330,000 5,885,728
Italy (Republic of) 2.80% 2028 35,860,000 41,368,171
JPMorgan Chase & Co. 2.55% 2021 6,039,000 6,023,812
JPMorgan Chase & Co. 2.604% 2021 (3-month USD-LIBOR + 0.28% on 2/1/2020) 1,700,000 1,696,892
JPMorgan Chase & Co. 3.25% 2022 1,000,000 1,015,047
Jaguar Holding Co. 6.375% 2023 375,000 382,969
Japan, Series 116, 2.20% 2030 1,735,000,000 19,510,805
Japan, Series 134, 0.10% 2022 550,000,000 5,019,764
Japan, Series 145, 1.70% 2033 2,210,000,000 24,428,008
Japan, Series 18, 0.10% 2024 1,953,216,100 18,166,334
Japan, Series 19, 0.10% 2024 2,421,446,100 22,564,919
Japan, Series 20, 0.10% 2025 678,710,000 6,324,744
Japan, Series 21, 0.10% 2026 986,368,500 9,253,500
Japan, Series 21, 2.30% 2035 720,000,000 8,722,225
Japan, Series 23, 0.10% 2028 1,394,181,210 13,129,653
Japan, Series 336, 0.50% 2024 800,000,000 7,512,147
Japan, Series 337, 0.30% 2024 1,038,750,000 9,645,595
Japan, Series 340, 0.40% 2025 435,000,000 4,083,195
Japan, Series 344, 0.10% 2026 605,000,000 5,585,734
Japan, Series 346, 0.10% 2027 3,125,000,000 28,873,246
Japan, Series 394, 0.10% 2020 840,000,000 7,612,516
Japan, Series 395, 0.10% 2020 5,380,000,000 48,767,275
Japan, Series 42, 1.70% 2044 450,000,000 5,270,952
Japan, Series 57, 0.80% 2047 969,050,000 9,459,364
Japan, Series 59, 0.70% 2048 930,000,000 8,850,876
Japan, Series 758, 0% 2019 11,900,000,000 107,398,493
Jonah Energy LLC 7.25% 2025 350,000 187,250
Jordan (Hashemite Kingdom of) 5.75% 2027 1,035,000 1,016,535
Kazahkstan (Republic of) 1.55% 2023 1,245,000 1,442,941
Kenya (Republic of) 5.875% 2019 700,000 702,068
Keurig Dr Pepper Inc. 4.597% 2028 2,740,000 2,859,212
Keurig Dr Pepper Inc. 5.085% 2048 1,075,000 1,104,199
Kinetic Concepts, Inc. 12.50% 2021 310,000 336,350
Korea Housing Finance Corp. 2.00% 2021 2,525,000 2,470,548
Korea Housing Finance Corp. 2.50% 2020 2,250,000 2,230,875
Kraft Heinz Co. 4.375% 2046 825,000 718,079
Kronos Inc., Term Loan B, (3-month USD-LIBOR + 8.25%) 10.986% 2024 650,000 661,259
Kuwait (State of) 2.75% 2022 3,550,000 3,552,776
LSB Industries, Inc. 9.625% 2023 435,000 452,487
LSC Communications, Inc. 8.75% 2023 275,000 292,188
Liberty Global PLC 5.50% 2028 250,000 250,000
Ligado Networks, Term Loan, (3-month USD-LIBOR + 8.75%) 11.357% 2020 819,496 607,110
Lima Metro Line Finance Ltd. 5.875% 2034 2,000,000 2,062,850
Limited Brands, Inc. 5.25% 2028 160,000 142,800
Limited Brands, Inc. 6.875% 2035 35,000 30,406
Lloyds Banking Group PLC 1.75% 2028 2,400,000 2,652,557
Lloyds Banking Group PLC 6.50% 2020 1,090,000 1,295,316
Lloyds Banking Group PLC 7.625 % 2025 655,000 1,089,511
Lockheed Martin Corp. 2.50% 2020 205,000 204,461
MGM Resorts International 7.75% 2022 200,000 221,500
Malaysia (Federation of), Series 0310, 4.498% 2030 25,120,000 6,461,719
Malaysia (Federation of), Series 0316, 3.90% 2026 1,250,000 311,158
Mallinckrodt PLC 4.875% 2020 1,210,000 1,210,000
McAfee, LLC, Term Loan, (3-month USD-LIBOR + 3.75%) 6.249% 2024 390,949 390,705
McDonald's Corp. 3.35% 2023 1,420,000 1,450,615
Medtronic, Inc. 3.50% 2025 3,500,000 3,617,628
Meredith Corp. 6.875% 2026 275,000 290,813
Meritage Homes Corp. 5.125% 2027 375,000 364,575
Microsoft Corp. 2.40% 2026 2,688,000 2,610,868
Molina Healthcare, Inc. 4.875% 2025 482,000 478,385
Molina Healthcare, Inc. 5.375% 2022 1,375,000 1,432,558
Morgan Stanley 3.875% 2026 1,580,000 1,618,162
Morgan Stanley 4.431% 2030 (3-month USD-LIBOR + 1.628% on 1/23/2029) 2,600,000 2,746,588
Morocco (Kingdom of) 5.50% 2042 3,100,000 3,333,049
NGL Energy Partners LP 6.125% 2025 860,000 834,200
NIGERIA T-BILL NGN 0% 10-03-19 1,011,000,000 2,618,031
National Highways Authority of India 7.17% 2021 220,000,000 3,137,681
National Highways Authority of India 7.27% 2022 50,000,000 719,859
Navient Corp. 5.50% 2023 2,070,000 2,080,350
Navient Corp. 6.125% 2024 175,000 175,656
Neon Holdings, Inc. 10.125% 2026 155,000 158,488
Niagara Mohawk Power Corp. 3.508% 2024 180,000 185,023
Nigeria (Republic of) 0% 2019 1,048,000,000 2,785,497
Nigeria (Republic of) 0% 2019 1,178,000,000 3,061,133
Nigeria (Republic of) 0% 2019 265,000,000 682,522
Nigeria (Republic of) 0% 2020 815,000,000 1,997,321
Nigeria (Republic of) 0% 2020 710,000,000 1,768,150
Nigeria (Republic of) 0% 2020 1,600,000,000 3,897,179
Nigeria (Republic of) 6.50% 2027 465,000 460,719
Noble Corp. PLC 7.95% 2025 450,000 391,500
Noble Corp. PLC 8.95% 2045 400,000 314,000
Norway (Kingdom of) 3.75% 2021 52,500,000 6,406,340
Nova Chemicals Corp. 5.25% 2027 525,000 517,125
Novelis Corp. 5.875% 2026 175,000 174,563
Nykredit Realkredit AS, Series 01E, 1.50% 2037 104,418,139 16,250,126
Nykredit Realkredit AS, Series 01E, 1.50% 2040 300,052,217 46,323,835
Nykredit Realkredit AS, Series 01E, 2.00% 2037 21,057,462 3,341,940
Nykredit Realkredit AS, Series 01E, 2.50% 2047 12,288,672 1,947,513
Odebrecht Drilling Norbe 7.72% 2026 12,064 3,074
Oracle Corp. 2.65% 2026 2,327,000 2,253,921
Oracle Corp. 3.25% 2027 1,880,000 1,893,310
Owens & Minor, Inc. 3.875% 2021 725,000 580,000
Owens & Minor, Inc., Term Loan B, (3-month USD-LIBOR + 4.50%) 6.989% 2025 358,512 273,813
PNC Bank 2.30% 2020 865,000 861,450
PNC Bank 2.40% 2019 1,225,000 1,223,316
PNC Bank 2.60% 2020 275,000 274,848
PT Indonesia Asahan Aluminium Tbk 5.23% 2021 1,020,000 1,062,246
PT Indonesia Asahan Aluminium Tbk 5.71% 2023 385,000 415,729
Pacific Gas and Electric Co. 2.95% 2026 590,000 519,200
Pacific Gas and Electric Co. 3.30% 2027 659,000 579,920
Pacific Gas and Electric Co. 3.95% 2047 1,250,000 1,009,375
Pacific Gas and Electric Co. 4.65% 2028 542,000 501,350
Pacific Gas and Electric Co. 6.35% 2038 1,566,000 1,581,660
Pakistan (Islamic Republic of) 5.50% 2021 3,535,000 3,539,419
Pakistan (Islamic Republic of) 6.75% 2019 1,900,000 1,921,375
Pakistan (Islamic Republic of) 8.25% 2024 2,240,000 2,396,800
Panama (Republic of) 4.50% 2050 1,230,000 1,287,195
Par Pharmaceutial Companies Inc. 7.5% 2027 570,000 579,263
Paraguay (Republic of) 4.625% 2023 947,000 979,373
Paraguay (Republic of) 4.70% 2027 350,000 365,440
Paraguay (Republic of) 5.00% 2026 235,000 247,880
Paraguay (Republic of) 5.60% 2048 2,340,000 2,511,779
Peabody Energy Corp. 6.00% 2022 225,000 227,531
Pernod Ricard SA 4.45% 2022 730,000 758,835
Peru (Republic of) 5.625% 2050 280,000 359,940
Peru (Republic of) 6.15% 2032 9,400,000 2,985,149
Petroleos Mexicanos 6.35% 2048 927,000 821,925
Petróleos Mexicanos 6.50% 2027 2,675,000 2,692,949
Petróleos Mexicanos 7.19% 2024 70,734 307,020
Petróleos Mexicanos 7.47% 2026 919,266 3,824,306
Petróleos Mexicanos 8.00% 2019 3,550,000 3,569,525
Petsmart, Inc. 5.875% 2025 2,320,000 1,954,600
Petsmart, Inc. 8.875% 2025 365,000 274,663
Petsmart, Inc., Term Loan B-2, (3-month USD-LIBOR + 3.00%) 5.49% 2022 719,394 647,005
Pisces Parent LLC 8.00% 2026 500,000 450,885
Poland (Republic of) 3.25% 2026 4,590,000 4,668,530
Poland (Republic of) 4.00% 2024 980,000 1,026,470
Poland (Republic of), Series 0922, 5.75% 2022 24,500,000 7,200,616
Poland (Republic of), Series 1021, 5.75% 2021 44,980,000 12,901,554
Progress Energy, Inc. 7.75% 2031 550,000 749,525
Prologis, Inc. 4.25% 2023 2,075,000 2,195,342
Puget Energy, Inc. 5.625% 2022 480,000 512,483
Puget Energy, Inc. 6.00% 2021 1,023,000 1,087,905
Puget Energy, Inc. 6.50% 2020 335,000 353,584
QGOG Constellation SA 9.50% 2024 2,163,823 811,434
Qatar (State of) 3.875% 2023 475,000 489,427
Qatar (State of) 4.50% 2028 3,205,000 3,431,094
Qatar (State of) 5.103% 2048 530,000 581,675
Quebec (Province of) 2.375% 2022 1,748,000 1,746,287
R.R. Donnelley & Sons Co. 6.50% 2023 225,000 231,188
Rabobank Nederland 2.50% 2026 (5 year EURO Mid Swap + 1.40% on 5/26/2021) 2,400,000 2,804,729
Rabobank Nederland 4.625% 2023 2,180,000 2,279,748
Rayonier Advanced Materials Inc. 5.50% 2024 425,000 400,563
Realogy Corp. 4.875% 2023 405,000 378,675
Realogy Corp. 5.25% 2021 225,000 226,969
Realogy Corp. 9.375% 2027 275,000 282,219
Republic of Latvia 1.875% 2049 2,745,000 3,137,007
Reynolds American Inc. 3.25% 2020 640,000 641,098
Reynolds American Inc. 4.00% 2022 455,000 465,067
Reynolds American Inc. 4.45% 2025 2,115,000 2,174,992
Roche Holdings, Inc. 2.875% 2021 1,250,000 1,256,690
Romania 2.875% 2029 6,095,000 6,929,845
Romania 3.375% 2038 4,170,000 4,553,739
Romania 3.50% 2034 835,000 936,041
Romania 3.875% 2035 2,810,000 3,281,811
Romania 4.125% 2039 1,550,000 1,810,078
Romania 4.625% 2049 7,345,000 8,553,441
Romania 5.125% 2048 3,185,000 3,184,045
Rotech Healthcare Inc., Term Loan A, (3-month USD-LIBOR + 3.25%) 0% 2023 490,625 490,625
Russian Federation 2.875% 2025 1,500,000 1,738,259
Russian Federation 7.00% 2023 120,000,000 1,772,732
Ryerson Inc. 11.00% 2022 635,000 671,513
Sally Holdings LLC and Sally Capital Inc. 5.625% 2025 725,000 723,188
Santander Holdings USA, Inc. 4.45% 2021 3,750,000 3,863,310
Saudi Arabia (Kingdom of) 2.894% 2022 1,900,000 1,891,270
Saudi Arabia (Kingdom of) 3.625% 2028 3,840,000 3,813,754
Saudi Arabia (Kingdom of) 3.628% 2027 1,900,000 1,895,955
Scentre Group 3.50% 2025 210,000 210,073
Scentre Group 3.75% 2027 110,000 110,447
Schlumberger BV 4.00% 2025 935,000 965,466
Scientific Games Corp. 8.25% 2026 245,000 250,513
Shell International Finance BV 1.375% 2019 2,000,000 1,988,348
Shell International Finance BV 1.75% 2021 1,740,000 1,707,199
Shell International Finance BV 3.50% 2023 3,808,000 3,940,800
Shire PLC 1.90% 2019 2,000,000 1,991,586
Shire PLC 2.40% 2021 3,930,000 3,886,955
Shire PLC 2.875% 2023 818,000 808,786
Shire PLC 3.20% 2026 405,000 392,013
Sirius XM Radio Inc. 3.875% 2022 550,000 548,625
Skandinaviska Enskilda Banken AB 2.625% 2021 2,250,000 2,242,114
Skandinaviska Enskilda Banken AB 2.80% 2022 2,100,000 2,094,599
South Africa (Republic of) 5.50% 2020 1,900,000 1,933,459
South Africa (Republic of), Series 2044, 8.75% 2044 112,800,000 7,082,695
South Africa (Republic of), Series R-186, 10.50% 2026 19,900,000 1,522,489
South Africa (Republic of), Series R-2048, 8.75% 2048 58,290,000 3,648,793
South Africa (Republic of), Series R-214, 6.50% 2041 168,450,000 8,272,043
South Korea (Republic of), Series 2712, 2.375% 2027 8,658,930,000 7,941,370
Springleaf Finance Corp. 6.125% 2024 250,000 256,245
Sri Lanka (Democratic Socialist Republic of) 5.75% 2022 1,600,000 1,599,955
Sri Lanka (Republic of) 6.25% 2020 1,900,000 1,932,940
Staples Inc. 8.50% 2025 260,000 284,700
Starwood Property Trust, Inc. 5.00% 2021 350,000 360,500
State Grid Overseas Investment Ltd. 3.50% 2027 5,600,000 5,621,560
Statoil ASA 3.70% 2024 1,950,000 2,042,411
Statoil ASA 4.25% 2041 1,000,000 1,066,755
Sunoco LP 4.875% 2023 130,000 132,392
Swiss Re Finance (Luxembourg) S.A. 5.00% 2049 (H15T5Y + 3.582% on 04/02/2029) 800,000 811,595
Takeda Pharmaceutical Co. Ltd. 3.80% 2020 1,625,000 1,649,798
Takeda Pharmaceutical Co., Ltd. 2.25% 2026 2,275,000 2,749,122
Takeda Pharmaceutical Co., Ltd. 4.40% 2023 2,075,000 2,182,763
Talen Energy Corp. 10.50% 2026 105,000 109,935
Talen Energy Corp. 9.50% 2022 435,000 469,800
Team Health Holdings, Inc. 6.375% 2025 620,000 506,075
Teco Finance, Inc. 5.15% 2020 75,000 76,555
Teekay Corp. 8.50% 2020 1,325,000 1,338,250
Teekay Offshore Partners LP 8.50% 2023 550,000 541,750
Tenet Healthcare Corp. 4.375% 2021 925,000 945,720
Tenet Healthcare Corp. 4.50% 2021 825,000 841,500
Tenet Healthcare Corp. 4.625% 2024 421,000 423,631
Tenet Healthcare Corp. 4.75% 2020 175,000 177,844
Tenet Healthcare Corp., 6.00% 2020 430,000 446,663
Teva Pharmaceutical Finance Co. BV 2.80% 2023 1,280,000 1,143,224
Teva Pharmaceutical Finance Co. BV 3.15% 2026 2,420,000 1,980,918
Teva Pharmaceutical Finance Co. BV 6.00% 2024 505,000 507,224
Teva Pharmaceutical Finance Company BV 2.20% 2021 270,000 257,561
Thailand (Kingdom of) 1.875% 2022 258,200,000 8,137,242
Thailand (Kingdom of) 2.125% 2026 257,750,000 8,010,084
Thailand (Kingdom of) 3.30% 2038 201,000,000 6,652,425
Thailand (Kingdom of) 3.85% 2025 65,000,000 2,249,158
The Dun & Bradstreet Corp. 6.875% 2026 205,000 209,997
The Dun & Bradstreet Corp. Term Loan B, (3-month USD-LIBOR + 5.00%) 7.49% 2026 225,000 223,406
Transocean Inc. 9.00% 2023 319,000 341,330
Trilogy International Partners, LLC 8.875% 2022 950,000 923,875
Tronox Ltd. 6.50% 2026 575,000 550,936
Turkey (Republic of) 10.70% 2022 9,240,000 1,229,680
Turkey (Republic of) 11.00% 2022 22,320,000 3,110,508
Turkey (Republic of) 6.25% 2022 1,880,000 1,859,245
Turkey (Republic of) 7.0% 2020 1,800,000 1,820,477
Turkey (Republic of) 7.25% 2023 1,085,000 1,095,207
Turkey (Republic of) 9.50% 2022 540,000 71,864
U.S. Treasury 1.875% 2024 9,400,000 9,218,016
U.S. Treasury 2.25% 2027 9,000,000 8,913,150
U.S. Treasury 2.50% 2020 7,900,000 7,911,929
U.S. Treasury 2.50% 2022 3,625,000 3,653,275
U.S. Treasury 2.625% 2023 6,900,000 7,003,155
U.S. Treasury 2.625% 2029 6,023,000 6,140,629
U.S. Treasury 2.75% 2025 10,140,000 10,407,595
U.S. Treasury 2.75% 2028 44,950,000 46,275,576
U.S. Treasury 2.75% 2047 13,000,000 12,836,460
U.S. Treasury 2.875% 2025 5,400,000 5,588,514
U.S. Treasury 2.875% 2028 19,850,000 20,639,038
U.S. Treasury 2.875% 2028 43,500,000 45,243,915
U.S. Treasury 3.00% 2048 8,375,000 8,681,609
U.S. Treasury 3.00% 2048 23,800,000 24,686,550
U.S. Treasury 3.00% 2049 11,220,000 11,645,462
U.S. Treasury 3.125% 2028 2,000,000 2,123,760
U.S. Treasury Inflation-Protected Security 0.125% 2024 7,208,544 7,123,728
U.S. Treasury Inflation-Protected Security 0.25% 2025 1,487,822 1,473,504
U.S. Treasury Inflation-Protected Security 0.375% 2025 5,837,865 5,838,811
U.S. Treasury Inflation-Protected Security 0.625% 2024 23,603,706 23,847,340
U.S. Treasury Inflation-Protected Security 0.625% 2043 1,313,784 1,239,052
U.S. Treasury Inflation-Protected Security 0.75% 2042 696,225 679,500
U.S. Treasury Inflation-Protected Security 1.375% 2044 5,724,212 6,339,802
U.S. Treasury Inflation-Protected Security 2.375% 2025 1,535,676 1,707,006
Uber Technologies, Inc. 8.00% 2026 400,000 427,000
Ultra Petroleum Corp. 11.00% 2024 618,000 367,710
UniCredit SPA 5.75% 2025 900,000 1,061,906
UniCredit SpA 3.75% 2022 1,750,000 1,743,513
UniCredit SpA 4.625% 2027 2,890,000 2,838,801
Unisys Corp. 10.75% 2022 325,000 359,531
United Kingdom 1.25% 2027 5,925,000 7,929,172
United Kingdom 1.50% 2047 6,490,000 8,343,013
United Kingdom 1.75% 2022 5,700,000 7,697,828
United Kingdom 2.25% 2023 1,550,000 2,155,718
United Kingdom 2.75% 2024 1,210,000 1,744,293
United Kingdom 3.25% 2044 4,440,000 7,774,617
United Kingdom 3.50% 2045 890,000 1,632,880
United Kingdom 4.25% 2027 2,800,000 4,669,914
United Mexican States 4.15% 2027 1,910,000 1,944,762
United Mexican States, Series M, 5.75% 2026 4,445,000 20,251,168
United Mexican States, Series M, 6.50% 2022 1,711,000 8,497,769
United Mexican States, Series M, 7.50% 2027 5,030,000 25,117,802
United Mexican States, Series M, 7.75% 2042 449,000 2,150,592
United Mexican States, Series M, 8.00% 2020 925,000 4,783,394
United Mexican States, Series M, 8.00% 2023 3,010,000 15,622,955
United Technologies Corp. 4.125% 2028 1,900,000 1,981,951
UnitedHealth Group Inc. 2.70% 2020 520,000 521,231
Univision Communications Inc. 5.125% 2023 250,000 238,750
Uruguay (Oriental Republic of) 8.50% 2028 95,641,000 2,484,521
Valeant Pharmaceuticals International, Inc. 6.125% 2025 1,350,000 1,339,875
Valeant Pharmaceuticals International, Inc. 9.00% 2025 110,000 119,906
Valeant Pharmaceuticals International, Inc. 9.25% 2026 1,195,000 1,310,676
Venator Materials Corp. 5.75% 2025 475,000 419,188
Veritas Holdings Ltd. 7.50% 2023 400,000 384,000
Verizon Communications Inc. 4.125% 2046 1,814,000 1,763,925
Vine Oil & Gas LP 8.75% 2023 175,000 140,000
Virgin Australia Holdings Ltd. 8.50% 2019 100,000 102,375
Vodafone Group PLC 4.375% 2028 2,470,000 2,515,258
Volkswagen Group of America Finance, LLC 2.45% 2019 545,000 542,812
Volkswagen Group of America Finance, LLC 3.875% 2020 1,900,000 1,924,328
Volkswagen Group of America Finance, LLC 4.00% 2021 1,900,000 1,939,594
Volkswagen Group of America Finance, LLC 4.25% 2023 2,400,000 2,475,283
Volkswagen Group of America Finance, LLC 4.625% 2025 1,280,000 1,326,413
WEA Finance LLC 2.70% 2019 1,185,000 1,184,338
WEA Finance LLC 3.25% 2020 530,000 533,431
WEA Finance LLC 3.75% 2024 535,000 546,904
WM. Wrigley Jr. Co. 3.375% 2020 515,000 520,357
Warrior Met Coal, Inc. 8.00% 2024 189,000 197,505
Weatherford International PLC 4.50% 2022 160,000 112,800
Weatherford International PLC 6.50% 2036 650,000 370,500
Weatherford International PLC 8.25% 2023 1,525,000 1,086,563
Weatherford International PLC 9.875% 2024 525,000 380,625
Weatherford International PLC 9.875% 2025 325,000 231,563
Wells Fargo & Co. 3.584% 2028 (3-month USD-LIBOR + 1.31% on 5/15/2027) 900,000 905,366
Westfield Corp. Ltd. 3.15% 2022 245,000 245,930
Williams Partners LP 4.125% 2020 375,000 381,110
Williams Partners LP 4.30% 2024 820,000 853,358
Wind Tre SpA 5.00% 2026 600,000 549,000
Wynn Las Vegas, LLC and Wynn Capital Corp. 4.25% 2023 868,000 856,065
Ziggo Bond Finance BV 5.50% 2027 850,000 843,625
Zimmer Holdings, Inc. 3.15% 2022 790,000 792,754
Equity Securities* Shares or Principal Amount Market Value Percent of Net Assets
Advanz Pharma Corp. 9,130 158,679 0.01
Advanz Pharma Corp. 6,028 104,767 0.00
Associated Materials, LLC, 14.00% convertible preferred 2020 850 847,170 0.04
Associated Materials, LLC, warrants, expire 2023 12,075 0 0.00
CEVA Logistics AG 9,337 280,837 0.01
Corporate Risk Holdings Corp. 131 3 0.00
Corporate Risk Holdings I, Inc. 25,840 3,031 0.00
NCI Building Systems, Inc. 9 52 0.00
Tribune Resources, Inc. 158,988 445,166 0.02
Tribune Resources, Inc., Class A, warrants, expire 2023 53,128 13,000 0.00
Tribune Resources, Inc., Class B, warrants, expire 2023 41,322 7,496 0.00
Tribune Resources, Inc., Class C, warrants, expire 2023 39,060 5,492 0.00

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

*
Excludes certain securities in initial period of acquisition.