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BBBI

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

Net asset value

$50.36

EXPENSE RATIO

0.19%

Yield to Maturity

5.37%

30-Day Sec Yield

5.34%
ALL DATA AS OF 07/19/2024, UNLESS OTHERWISE STATED. 30-DAY SEC YIELD AS OF 06/28/2024. The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance please visit the performance section of this page.

Overview

The BondBloxx BBB Rated 5-10 Year Corporate Bond ETF seeks to track the investment results of an index composed of BBB rated, fixed-rate, taxable U.S. dollar-denominated corporate bonds issued by U.S. and non-U.S. corporate issuers with remaining maturities of greater than or equal to five years and less than ten years.

Key Features

Outperformance potential:

Exposure to BBB-rated corporate bonds, a persistent outperformer within the U.S. investment grade universe.1

Consistently higher income:

BBB-rated corporate bond outperformance has been driven by its historically higher average coupon income compared to broad U.S. corporate indices.2

More precise exposure:

Targets more precise maturities of 5-10 years within the BBB universe, enabling investors to better manage portfolio duration and implement active views with a single fund.

Sector

Fund Details

Product Name BondBloxx BBB Rated 5-10 Year Corporate Bond ETF
Ticker BBBI
CUSIP 09789C747
Asset Class Fixed Income
Fund Inception Date 1/25/2024
Exchange NYSE Arca
Distribution Frequency Monthly
Fund Net Assets $5,036,181
Shares Outstanding 100,000
Median Spread 0.10%
Premium Discount Ratio -0.03%
Closing Price as of 07/19/2024 $50.35

Fees

Management Fee 0.19%
Acquired Fund Fees and Expenses 0.00%
Foreign Taxes and Other Expenses 0.00%
Expense Ratio 0.19%

Portfolio Characteristics

Number of Securities 638
Number of Issuers 328
Average Coupon 4.51%
Average Maturity 7.33 Years
* 30-Day SEC Yield is as of 06/28/2024
Yield to Maturity 5.37%
Yield to Worst 5.37%
Option Adjusted Duration 5.92
Option Adjusted Spread 114
Spread Duration 5.98
30-Day SEC Yield* 5.34%

Portfolio Breakdown

Corporates 99.7%
Cash and Equivalents 0.2%
Due to rounding, these values may exceed 100%

Index Details

Provider Name Bloomberg
Index Bloomberg US Corporate BBB 5-10 Year Index
Index Ticker I38368US
Index Market Cap $892.960B

Maturity Breakdown %

Credit Rating Breakdown %

Bloomberg index credit quality ratings are based on the middle rating of Moodys, S&P and Fitch, and range from AAA to C or D (depending on the agency issuing the rating). Investment-grade is represented by a rating of BBB- or above.

Holdings

Name Weight
VERIZON COMMUNICATIONS 2.23 %
T-MOBILE USA INC 2.17 %
BROADCOM INC 1.61 %
AT&T INC 1.53 %
AMGEN INC 1.51 %
CVS HEALTH CORP 1.50 %
ORACLE CORP 1.42 %
BARCLAYS PLC 1.35 %
GENERAL MOTORS FINL CO 1.26 %
CENTENE CORP 1.15 %
Name CUSIP Market Value % of Net Assets
BOEING CO 5.15% 05/01/30 097023CY9 $29,518.13 0.590 %
DEUTSCHE TELEKO 8.75% 06/15/30 25156PAC7 $29,652.74 0.590 %
T-MOBILE USA I 3.875% 04/15/30 87264ABF1 $28,664.83 0.570 %
WARNERMEDIA HO 4.279% 03/15/32 55903VBC6 $26,459.19 0.530 %
CITIGROUP INC V/R 05/25/34 17327CAR4 $26,007.33 0.520 %
AMGEN INC 5.25% 03/02/33 031162DR8 $25,696.94 0.510 %
VERIZON COMMUN 4.016% 12/03/29 92343VEU4 $24,057.80 0.480 %
ORACLE CORP 2.875% 03/25/31 68389XCE3 $22,152.95 0.440 %
AT&T INC 2.75% 06/01/31 00206RJY9 $21,746.56 0.430 %
BROADCOM INC 3.469% 04/15/34 11135FBL4 $21,873.58 0.430 %
BOEING CO/THE 6.528% 05/01/34 097023DL6 $20,947.46 0.420 %
VERIZON COMMUN 2.355% 03/15/32 92343VGN8 $20,926.12 0.420 %
AMERICAN TOWER 5.65% 03/15/33 03027XBZ2 $20,782.23 0.410 %
AT&T INC 5.4% 02/15/34 00206RMT6 $20,712.96 0.410 %
T-MOBILE USA IN 5.05% 07/15/33 87264ACY9 $19,842.30 0.390 %
CENTENE CORP 4.625% 12/15/29 15135BAT8 $19,238.50 0.380 %
PACIFIC GAS & E 4.55% 07/01/30 694308JM0 $19,221.22 0.380 %
ORANGE SA 8.75% 03/01/31 35177PAL1 $18,603.39 0.370 %
T-MOBILE USA INC 3.5% 04/15/31 87264ABW4 $18,419.94 0.370 %
BRITISH TEL 8.625% 12/15/30 111021AE1 $18,598.92 0.370 %
HCA INC 3.5% 09/01/30 404119CA5 $18,486.76 0.370 %
CARRIER GLOBAL 2.722% 02/15/30 14448CAQ7 $18,096.57 0.360 %
ORACLE CORP 2.95% 04/01/30 68389XBV6 $18,149.85 0.360 %
AERCAP IRELAND C 3.3% 01/30/32 00774MAX3 $17,730.32 0.350 %
AERCAP IRELAND C 3.4% 10/29/33 00774MAY1 $17,209.31 0.340 %
ALLY FINANCIAL INC 8% 11/01/31 36186CBY8 $17,026.45 0.340 %
VERIZON COMMUNI 2.55% 03/21/31 92343VGJ7 $17,373.21 0.340 %
CVS HEALTH COR 1.875% 02/28/31 126650DQ0 $16,382.85 0.330 %
FORD MOTOR COMP 7.45% 07/16/31 345370CA6 $16,475.43 0.330 %
CAPITAL ONE FINAN V/R 10/30/31 14040HDC6 $16,860.25 0.330 %
ENBRIDGE INC 6.2% 11/15/30 29250NBY0 $16,048.67 0.320 %
DIAMONDBACK ENE 6.25% 03/15/33 25278XAV1 $16,203.78 0.320 %
AT&T INC 2.55% 12/01/33 00206RMM1 $16,197.92 0.320 %
ENERGY TRANSFER 6.55% 12/01/33 29273VAU4 $16,230.10 0.320 %
OCCIDENTAL PET 6.625% 09/01/30 674599ED3 $16,290.47 0.320 %
GENERAL MOTORS 5.75% 02/08/31 37045XER3 $15,624.21 0.310 %
CITIGROUP INC V/R 02/13/35 172967PG0 $15,469.32 0.310 %
HSBC HOLDINGS PLC V/R 06/20/34 404280DX4 $15,798.75 0.310 %
BARCLAYS PLC V/R 05/09/34 06738ECG8 $15,838.45 0.310 %
DELL INT LLC / E 5.3% 10/01/29 24703TAG1 $15,466.75 0.310 %
FISERV INC 5.625% 08/21/33 337738BH0 $15,713.19 0.310 %
CVS HEALTH CORP 5.25% 02/21/33 126650DU1 $15,133.77 0.300 %
SOLVENTUM CORP 5.6% 03/23/34 83444MAG6 $15,206.86 0.300 %
VERIZON COMMUNI 5.05% 05/09/33 92343VGT5 $15,138.08 0.300 %
MORGAN STANLEY V/R 01/19/38 61747YFB6 $15,139.79 0.300 %
VICI PROPERTIE 5.125% 05/15/32 925650AD5 $14,642.10 0.290 %
SABINE PASS LIQU 4.5% 05/15/30 785592AX4 $14,669.34 0.290 %
ENERGY TRANSFER 3.75% 05/15/30 29278NAQ6 $14,059.47 0.280 %
PLAINS ALL AMER 3.55% 12/15/29 72650RBM3 $13,924.44 0.280 %
CVS HEALTH CORP 3.75% 04/01/30 126650DJ6 $14,135.34 0.280 %
WEYERHAEUSER CO 4% 04/15/30 962166BY9 $14,334.54 0.280 %
FISERV INC 3.5% 07/01/29 337738AU2 $14,090.42 0.280 %
MARRIOTT INTERNA 3.5% 10/15/32 571903BF9 $13,400.33 0.270 %
TARGA RESOURCES PA 4% 01/15/32 87612BBU5 $13,639.39 0.270 %
ROGERS COMMUNICA 3.8% 03/15/32 775109CH2 $13,786.55 0.270 %
CHARTER COMM OPT 4.4% 04/01/33 161175CJ1 $13,582.79 0.270 %
AON CORP 2.8% 05/15/30 037389BE2 $13,395.10 0.270 %
CIGNA GROUP/THE 2.4% 03/15/30 125523CL2 $13,279.62 0.260 %
TAKEDA PHARMACE 2.05% 03/31/30 874060AX4 $12,901.74 0.260 %
T-MOBILE USA IN 2.55% 02/15/31 87264ACB9 $13,086.11 0.260 %
DEUTSCHE BANK NY V/R 01/14/32 251526CF4 $12,893.24 0.260 %
TRANSCANADA PIPE 2.5% 10/12/31 89352HBC2 $12,850.24 0.260 %
BROADCOM INC 2.45% 02/15/31 11135FBH3 $12,985.87 0.260 %
HUNTINGTON BANC 2.55% 02/04/30 446150AS3 $13,207.99 0.260 %
SUZANO AUSTRIA 3.75% 01/15/31 86964WAJ1 $13,209.00 0.260 %
SPRINT CAPITAL 8.75% 03/15/32 852060AT9 $12,405.13 0.250 %
JEFFERIES FIN 2.625% 10/15/31 47233JGT9 $12,455.01 0.250 %
BANCO SANTANDER S V/R 11/22/32 05971KAL3 $12,757.38 0.250 %
CHARTER COMM OPT 2.8% 04/01/31 161175BU7 $12,518.98 0.250 %
CENTENE CORP 2.5% 03/01/31 15135BAX9 $12,592.28 0.250 %
MORGAN STANLEY V/R 09/16/36 61747YEF8 $12,175.37 0.240 %
BARCLAYS PLC V/R 11/02/33 06738ECE3 $11,358.02 0.230 %
HSBC HOLDINGS PLC V/R 11/03/33 404280DS5 $11,644.65 0.230 %
FORD MOTOR CRE 7.122% 11/07/33 345397D67 $10,880.58 0.220 %
TARGA RESOURCES 6.5% 03/30/34 87612GAF8 $10,920.47 0.220 %
HSBC HOLDINGS PLC V/R 11/13/34 404280EC9 $11,155.09 0.220 %
JBS USA HOLD/FO 6.75% 03/15/34 47214BAA6 $10,862.69 0.220 %
GENERAL ELECTRI 6.75% 03/15/32 36962GXZ2 $11,298.29 0.220 %
BAT CAPITAL CO 6.343% 08/02/30 054989AA6 $10,853.80 0.220 %
FORD MOTOR CRED 7.35% 03/06/30 345397C68 $10,985.58 0.220 %
BANCO SANTANDE 6.921% 08/08/33 05964HAV7 $10,947.06 0.220 %
RTX CORP 6.1% 03/15/34 75513ECW9 $10,867.45 0.220 %
EQT CORP 7% 02/01/30 26884LAG4 $11,060.25 0.220 %
CASH CASH $11,286.36 0.220 %
ORACLE CORP 6.25% 11/09/32 68389XCJ2 $10,829.75 0.220 %
BAT CAPITAL CO 6.421% 08/02/33 054989AB4 $10,922.43 0.220 %
COREBRIDGE FINA 6.05% 09/15/33 21871XAQ2 $10,605.29 0.210 %
ENBRIDGE INC 5.7% 03/08/33 29250NBR5 $10,417.51 0.210 %
BARCLAYS PLC V/R 06/27/34 06738ECH6 $10,810.56 0.210 %
MICRON TECHNOL 5.875% 09/15/33 595112CB7 $10,561.93 0.210 %
DISCOVER FINANCI 6.7% 11/29/32 254709AS7 $10,733.50 0.210 %
TAPESTRY INC 7.7% 11/27/30 876030AE7 $10,649.34 0.210 %
REGAL REXNORD CO 6.3% 02/15/30 758750AN3 $10,578.61 0.210 %
CIGNA GROUP/THE 5.4% 03/15/33 125523CS7 $10,336.45 0.210 %
L3HARRIS TECH IN 5.4% 07/31/33 502431AQ2 $10,345.94 0.210 %
GENERAL MOTORS 5.85% 04/06/30 37045XEG7 $10,420.60 0.210 %
INGERSOLL RAND I 5.7% 08/14/33 45687VAB2 $10,620.52 0.210 %
FORD MOTOR CREDI 7.2% 06/10/30 345397D42 $10,735.97 0.210 %
SYSCO CORPORATI 5.95% 04/01/30 871829BL0 $10,657.84 0.210 %
PACIFIC GAS & EL 6.4% 06/15/33 694308KM8 $10,560.24 0.210 %
ONEOK INC 6.05% 09/01/33 682680BL6 $10,655.64 0.210 %
SOUTHERN CO GAS 5.75% 09/15/33 8426EPAG3 $10,563.97 0.210 %
NOMURA HOLDING 6.181% 01/18/33 65535HBK4 $10,494.98 0.210 %
ENERGY TRANSFER 5.75% 02/15/33 29273VAQ3 $10,443.01 0.210 %
CAPITAL ONE FINAN V/R 06/08/34 14040HDA0 $10,477.99 0.210 %
FORD MOTOR COMPA 6.1% 08/19/32 345370DB3 $10,440.02 0.210 %
DEUTSCHE BANK NY V/R 02/10/34 251526CT4 $10,714.14 0.210 %
T-MOBILE USA IN 5.75% 01/15/34 87264ADC6 $10,433.24 0.210 %
AMGEN INC 5.25% 03/02/30 031162DQ0 $10,366.66 0.210 %
SOUTHERN CO 5.7% 03/15/34 842587DT1 $10,515.66 0.210 %
AMERICAN ELECT 5.625% 03/01/33 025537AX9 $10,355.13 0.210 %
RTX CORP 6% 03/15/31 75513ECV1 $10,755.91 0.210 %
CELANESE US HOL 6.55% 11/15/30 15089QAX2 $10,703.26 0.210 %
WILLIAMS COMPAN 5.65% 03/15/33 969457CJ7 $10,425.90 0.210 %
GE HEALTHCARE 5.905% 11/22/32 36267VAK9 $10,527.49 0.210 %
NORFOLK SOUTHER 5.05% 08/01/30 655844CR7 $10,327.40 0.210 %
NASDAQ INC 5.55% 02/15/34 63111XAJ0 $10,382.05 0.210 %
BOSTON PROPERTIE 6.5% 01/15/34 10112RBH6 $10,363.21 0.210 %
FISERV INC 5.6% 03/02/33 337738BE7 $10,456.07 0.210 %
CNA FINANCIAL CO 5.5% 06/15/33 126117AX8 $10,168.75 0.200 %
HCA INC 5.5% 06/01/33 404119CQ0 $10,071.88 0.200 %
HEALTHPEAK OP L 5.25% 12/15/32 42250PAE3 $9,998.67 0.200 %
MARRIOTT INTER 4.625% 06/15/30 571903BE2 $9,861.42 0.200 %
CLOROX COMPANY 4.6% 05/01/32 189054AZ2 $9,932.87 0.200 %
RTX CORP 5.15% 02/27/33 75513ECR0 $10,234.89 0.200 %
HP INC 5.5% 01/15/33 40434LAN5 $10,206.30 0.200 %
T-MOBILE USA INC 5.2% 01/15/33 87264ACV5 $10,038.68 0.200 %
MORGAN STANLEY V/R 04/20/37 61747YES0 $9,841.96 0.200 %
EXELON CORP 5.3% 03/15/33 30161NBK6 $10,258.67 0.200 %
AUTOZONE INC 4.75% 08/01/32 053332BB7 $9,940.69 0.200 %
KINDER MORGAN IN 4.8% 02/01/33 49456BAV3 $9,830.89 0.200 %
ORACLE CORP 4.65% 05/06/30 68389XCN3 $9,984.56 0.200 %
GENERAL MILLS I 4.95% 03/29/33 370334CT9 $10,013.13 0.200 %
CAPITAL ONE FINAN V/R 05/10/33 14040HCT0 $9,875.53 0.200 %
LOWE'S COS INC 4.5% 04/15/30 548661DU8 $9,927.30 0.200 %
NORTHROP GRUMMAN 4.7% 03/15/33 666807CH3 $9,948.71 0.200 %
ORACLE CORP 4.9% 02/06/33 68389XCP8 $10,067.20 0.200 %
MORGAN STANLEY V/R 02/07/39 61747YFM2 $10,319.29 0.200 %
NEXTERA ENERGY 5.05% 02/28/33 65339KCP3 $10,042.05 0.200 %
NEXTERA ENERGY CAP 5% 07/15/32 65339KCJ7 $9,881.07 0.200 %
GENERAL MOTORS C 5.6% 10/15/32 37045VAZ3 $10,289.40 0.200 %
HCA INC 5.45% 04/01/31 404119CT4 $10,305.38 0.200 %
EVERSOURCE ENE 5.125% 05/15/33 30040WAU2 $9,841.75 0.200 %
PRUDENTIAL FINANC V/R 09/01/52 744320BK7 $10,260.03 0.200 %
FIDELITY NATL IN 5.1% 07/15/32 31620MBY1 $10,008.61 0.200 %
SMURFIT KAPPA TR 5.2% 01/15/30 83272GAA9 $10,082.68 0.200 %
NEXTERA ENERGY 5.25% 03/15/34 65339KCU2 $10,203.84 0.200 %
PILGRIM'S PRIDE 6.25% 07/01/33 72147KAK4 $10,301.59 0.200 %
MOTOROLA SOLUTIO 5.6% 06/01/32 620076BW8 $10,279.27 0.200 %
FAIRFAX FINL H 5.625% 08/16/32 303901BL5 $10,298.42 0.200 %
AT&T INC 4.3% 02/15/30 00206RGQ9 $9,865.59 0.200 %
AUTOZONE INC 4.75% 02/01/33 053332BD3 $9,887.97 0.200 %
JBS USA HOLD/FOO 5.5% 01/15/30 46590XAL0 $9,950.60 0.200 %
GILEAD SCIENCES 5.25% 10/15/33 375558BZ5 $10,313.33 0.200 %
VALE OVERSEAS 6.125% 06/12/33 91911TAR4 $10,246.32 0.200 %
FIFTH THIRD BANCO V/R 07/28/30 316773DG2 $9,968.83 0.200 %
MICRON TECHNOLOG 5.3% 01/15/31 595112CD3 $10,082.43 0.200 %
GENERAL MOTORS F 6.1% 01/07/34 37045XEP7 $10,290.23 0.200 %
PARKER-HANNIFIN 4.5% 09/15/29 701094AS3 $10,002.33 0.200 %
HUMANA INC 5.375% 04/15/31 444859CA8 $10,287.06 0.200 %
BERRY GLOBAL IN 5.65% 01/15/34 08576PAP6 $9,956.07 0.200 %
ELEVANCE HEALTH 4.75% 02/15/33 28622HAB7 $9,976.49 0.200 %
KINDER MORGAN IN 5.2% 06/01/33 49456BAX9 $9,903.16 0.200 %
CHENIERE ENERGY 5.95% 06/30/33 16411QAQ4 $10,308.55 0.200 %
AON NORTH AMERI 5.45% 03/01/34 03740MAD2 $10,301.58 0.200 %
CVS HEALTH CORP 5.25% 01/30/31 126650DX5 $10,256.91 0.200 %
CVS HEALTH CORP 5.3% 06/01/33 126650DY3 $9,951.92 0.200 %
MPLX LP 4.95% 09/01/32 55336VBU3 $9,888.80 0.200 %
EXTRA SPACE STOR 5.9% 01/15/31 30225VAR8 $10,290.07 0.200 %
GENERAL MOTORS 5.95% 04/04/34 37045XEV4 $10,307.23 0.200 %
EQUINIX INC 3.9% 04/15/32 29444UBU9 $9,339.42 0.190 %
DIGITAL REALTY T 3.6% 07/01/29 25389JAU0 $9,376.59 0.190 %
FEDEX CORP 3.1% 08/05/29 31428XBV7 $9,369.20 0.190 %
DOLLAR GENERAL C 3.5% 04/03/30 256677AG0 $9,323.60 0.190 %
MCDONALD'S CORP 3.6% 07/01/30 58013MFQ2 $9,381.05 0.190 %
CHENIERE ENERGY 4.5% 10/01/29 16411QAG6 $9,772.57 0.190 %
DUKE ENERGY CORP 4.5% 08/15/32 26441CBT1 $9,661.08 0.190 %
KEYCORP V/R 06/01/33 49326EEN9 $9,340.96 0.190 %
KEY BANK NA 5% 01/26/33 49327M3H5 $9,608.61 0.190 %
XCEL ENERGY INC 4.6% 06/01/32 98388MAD9 $9,558.86 0.190 %
BROADCOM INC 4.15% 04/15/32 11135FBT7 $9,459.59 0.190 %
ONEOK INC 3.4% 09/01/29 682680AY9 $9,405.35 0.190 %
EXELON CORP 4.05% 04/15/30 30161NAX9 $9,622.49 0.190 %
KIMCO REALTY OP 4.6% 02/01/33 49446RBA6 $9,740.41 0.190 %
PRUDENTIAL FINANC V/R 03/01/52 744320BJ0 $9,587.32 0.190 %
HSBC HOLDINGS PLC V/R 03/29/33 404280DC0 $9,538.09 0.190 %
AMGEN INC 4.05% 08/18/29 031162DH0 $9,807.79 0.190 %
STARBUCKS CORP 3.55% 08/15/29 855244AT6 $9,597.29 0.190 %
BROADCOM INC 4.3% 11/15/32 11135FAS0 $9,539.31 0.190 %
VERIZON COMMUNIC 4.5% 08/10/33 92343VEA8 $9,731.59 0.190 %
KEURIG DR PEPPE 4.05% 04/15/32 49271VAQ3 $9,506.23 0.190 %
AMERICAN WATER 4.45% 06/01/32 03040WBA2 $9,741.29 0.190 %
AEP TEXAS INC 4.7% 05/15/32 00108WAP5 $9,676.83 0.190 %
M&T BANK CORPORAT V/R 01/27/34 55261FAR5 $9,692.21 0.190 %
BROADCOM INC 4.15% 11/15/30 11135FAQ4 $9,658.30 0.190 %
SOUTHERN CO 3.7% 04/30/30 842587DE4 $9,408.19 0.190 %
AMERICAN TOWER C 3.8% 08/15/29 03027XAW0 $9,583.51 0.190 %
WESTERN MIDSTRE 4.05% 02/01/30 958667AC1 $9,621.06 0.190 %
HASBRO INC 3.9% 11/19/29 418056AZ0 $9,414.57 0.190 %
ENTERGY CORP 2.8% 06/15/30 29364GAL7 $8,868.78 0.180 %
CHENIERE ENERGY 3.25% 01/31/32 16411QAN1 $8,815.40 0.180 %
LOWE'S COS INC 3.75% 04/01/32 548661EH6 $9,306.74 0.180 %
CANADIAN PACIFI 2.45% 12/02/31 13645RBF0 $9,123.58 0.180 %
AIR LEASE CORP 3.125% 12/01/30 00914AAK8 $8,905.16 0.180 %
AMGEN INC 2.45% 02/21/30 031162CU2 $8,926.64 0.180 %
MPLX LP 2.65% 08/15/30 55336VBQ2 $8,829.02 0.180 %
WASTE CONNECTION 3.2% 06/01/32 94106BAE1 $8,885.63 0.180 %
EBAY INC 2.7% 03/11/30 278642AW3 $8,993.27 0.180 %
WELLTOWER OP LL 3.85% 06/15/32 95040QAR5 $9,157.51 0.180 %
VERIZON COMMUNI 3.15% 03/22/30 92343VFE9 $9,224.96 0.180 %
WELLTOWER OP LLC 3.1% 01/15/30 95040QAJ3 $9,066.38 0.180 %
CARLISLE COS IN 2.75% 03/01/30 142339AJ9 $9,032.16 0.180 %
BOSTON SCIENTIF 2.65% 06/01/30 101137BA4 $8,912.90 0.180 %
ELEVANCE HEALT 2.875% 09/15/29 036752AL7 $9,193.80 0.180 %
NISOURCE INC 2.95% 09/01/29 65473PAH8 $9,201.41 0.180 %
HOST HOTELS & RE 3.5% 09/15/30 44107TAZ9 $9,089.27 0.180 %
WORKDAY INC 3.8% 04/01/32 98138HAJ0 $9,247.82 0.180 %
PARAMOUNT GLOBA 4.95% 01/15/31 92556HAB3 $9,087.18 0.180 %
BOEING CO 3.625% 02/01/31 097023DC6 $9,022.57 0.180 %
PILGRIM'S PRIDE 4.25% 04/15/31 72147KAJ7 $9,285.67 0.180 %
MCDONALD'S COR 2.625% 09/01/29 58013MFJ8 $9,164.81 0.180 %
VALE OVERSEAS L 3.75% 07/08/30 91911TAQ6 $9,071.82 0.180 %
WILLIS NORTH AM 2.95% 09/15/29 970648AJ0 $9,135.14 0.180 %
NOMURA HOLDING 3.103% 01/16/30 65535HAQ2 $8,930.98 0.180 %
MONDELEZ INTERNATI 3% 03/17/32 609207BB0 $8,841.76 0.180 %
COREBRIDGE FINAN 3.9% 04/05/32 21871XAH2 $9,203.89 0.180 %
NXP BV/NXP FDG/N 3.4% 05/01/30 62954HAY4 $9,253.31 0.180 %
GLOBAL PAYMENTS 3.2% 08/15/29 37940XAB8 $9,211.14 0.180 %
BROADRIDGE FINAN 2.9% 12/01/29 11133TAD5 $9,062.37 0.180 %
ONEOK INC 3.1% 03/15/30 682680BB8 $9,153.62 0.180 %
ESSEX PORTFOLIO LP 3% 01/15/30 29717PAU1 $8,976.44 0.180 %
HCA INC 3.625% 03/15/32 404119CK3 $9,014.73 0.180 %
BROADCOM INC 3.419% 04/15/33 11135FBK6 $8,844.05 0.180 %
BANK OF NOVA SCOT V/R 05/04/37 06417XAG6 $9,237.12 0.180 %
OTIS WORLDWIDE 2.565% 02/15/30 68902VAK3 $8,939.36 0.180 %
HALEON US CAPI 3.625% 03/24/32 36264FAM3 $9,186.89 0.180 %
GLOBAL PAYMENTS 2.9% 05/15/30 37940XAD4 $8,863.34 0.180 %
QUANTA SERVICES 2.9% 10/01/30 74762EAF9 $8,959.50 0.180 %
DOMINION ENERG 3.375% 04/01/30 25746UDG1 $9,249.36 0.180 %
BECTON DICKINS 2.823% 05/20/30 075887CJ6 $8,989.37 0.180 %
CENTENE CORP 3.375% 02/15/30 15135BAV3 $9,120.55 0.180 %
CROWN CASTLE INC 3.3% 07/01/30 22822VAR2 $9,031.29 0.180 %
BARCLAYS PLC V/R 06/24/31 06738EBM6 $8,648.50 0.170 %
FORD MOTOR COMP 3.25% 02/12/32 345370DA5 $8,570.28 0.170 %
AMCOR FLEXIBLES 2.69% 05/25/31 02344AAA6 $8,548.92 0.170 %
PACIFIC GAS & E 3.25% 06/01/31 694308JT5 $8,765.11 0.170 %
WILLIAMS COMPANI 2.6% 03/15/31 969457BY5 $8,661.57 0.170 %
CENTENE CORP 2.625% 08/01/31 15135BAZ4 $8,396.54 0.170 %
BOSTON PROPERTI 3.25% 01/30/31 10112RBD5 $8,732.21 0.170 %
NEWMONT CORP 2.25% 10/01/30 651639AY2 $8,706.88 0.170 %
VIATRIS INC 2.7% 06/22/30 92556VAD8 $8,637.85 0.170 %
GENERAL MOTORS F 2.7% 06/10/31 37045XDL7 $8,442.12 0.170 %
BAT CAPITAL CO 2.726% 03/25/31 05526DBS3 $8,666.75 0.170 %
MOTOROLA SOLUTI 2.75% 05/24/31 620076BU2 $8,644.76 0.170 %
BROADCOM INC 2.6% 02/15/33 11135FBF7 $8,337.12 0.170 %
ENSTAR GROUP LTD 3.1% 09/01/31 29359UAC3 $8,460.36 0.170 %
BARCLAYS PLC V/R 11/24/32 06738EBV6 $8,480.54 0.170 %
NXP BV/NXP FDG/ 2.65% 02/15/32 62954HAJ7 $8,537.50 0.170 %
BARCLAYS PLC V/R 03/10/32 06738EBR5 $8,543.43 0.170 %
DEUTSCHE BANK NY V/R 01/07/33 25160PAG2 $8,404.96 0.170 %
BANK OF MONTREAL V/R 01/10/37 06368DH72 $8,336.23 0.170 %
VMWARE LLC 2.2% 08/15/31 928563AL9 $8,356.81 0.170 %
SUN COMMUNITIES 2.7% 07/15/31 866677AE7 $8,373.09 0.170 %
KINDER MORGAN INC 2% 02/15/31 49456BAR2 $8,385.01 0.170 %
CENTENE CORP 3% 10/15/30 15135BAW1 $8,747.86 0.170 %
BANCO SANTANDE 2.749% 12/03/30 05971KAG4 $8,511.95 0.170 %
ALTRIA GROUP IN 2.45% 02/04/32 02209SBL6 $8,344.49 0.170 %
AMGEN INC 2.3% 02/25/31 031162CW8 $8,611.55 0.170 %
STARBUCKS CORP 2.25% 03/12/30 855244AW9 $8,803.29 0.170 %
AMERICAN TOWER 1.875% 10/15/30 03027XBG4 $8,325.84 0.170 %
AT&T INC 2.25% 02/01/32 00206RKH4 $8,329.30 0.170 %
LEIDOS INC 2.3% 02/15/31 52532XAH8 $8,468.70 0.170 %
RTX CORP 2.375% 03/15/32 75513ECN9 $8,405.74 0.170 %
LOWE'S COS INC 1.7% 10/15/30 548661DY0 $8,318.52 0.170 %
ARES CAPITAL COR 3.2% 11/15/31 04010LBC6 $8,397.54 0.170 %
AUTODESK INC 2.4% 12/15/31 052769AH9 $8,428.14 0.170 %
EQUIFAX INC 2.35% 09/15/31 294429AT2 $8,419.60 0.170 %
GENERAL MOTORS F 3.1% 01/12/32 37045XDS2 $8,566.59 0.170 %
T-MOBILE USA IN 2.25% 11/15/31 87264ABX2 $8,340.62 0.170 %
ROYALTY PHARMA P 2.2% 09/02/30 78081BAK9 $8,520.35 0.170 %
PUBLIC SERVICE 2.45% 11/15/31 744573AU0 $8,394.51 0.170 %
BIOGEN INC 2.25% 05/01/30 09062XAH6 $8,654.11 0.170 %
EQUINIX INC 2.15% 07/15/30 29444UBH8 $8,508.43 0.170 %
CIGNA GROUP/TH 2.375% 03/15/31 125523CM0 $8,577.64 0.170 %
DOW CHEMICAL CO/ 2.1% 11/15/30 260543DC4 $8,582.46 0.170 %
JBS USA HOLD/FOOD/ 3% 05/15/32 46590XAP1 $8,358.44 0.170 %
BECTON DICKINS 1.957% 02/11/31 075887CL1 $8,382.19 0.170 %
STARBUCKS CORP 2.55% 11/15/30 855244AZ2 $8,782.41 0.170 %
NEXTERA ENERGY 2.25% 06/01/30 65339KBR0 $8,647.72 0.170 %
BAXTER INTERNA 2.539% 02/01/32 071813CS6 $8,452.18 0.170 %
MICRON TECHNOL 2.703% 04/15/32 595112BS1 $8,467.63 0.170 %
FEDEX CORP 2.4% 05/15/31 31428XCD6 $8,623.70 0.170 %
HP INC 2.65% 06/17/31 40434LAJ4 $8,602.20 0.170 %
BUNGE LTD FINAN 2.75% 05/14/31 120568BC3 $8,730.52 0.170 %
NATWEST GROUP PLC V/R 11/28/35 639057AB4 $8,589.48 0.170 %
PACIFIC GAS & EL 2.5% 02/01/31 694308JG3 $8,505.41 0.170 %
ROPER TECHNOLOG 1.75% 02/15/31 776743AL0 $8,228.87 0.160 %
JBS USA HOLD/FO 5.75% 04/01/33 46590XAY2 $8,150.71 0.160 %
VERIZON COMMUNI 1.68% 10/30/30 92343VFX7 $8,284.68 0.160 %
CROWN CASTLE INC 2.1% 04/01/31 22822VAW1 $8,277.83 0.160 %
AMGEN INC 2% 01/15/32 031162CZ1 $8,173.05 0.160 %
VERIZON COMMUNI 1.75% 01/20/31 92343VFR0 $8,207.28 0.160 %
ALEXANDRIA REA 1.875% 02/01/33 015271AV1 $7,736.28 0.150 %
OCCIDENTAL PET 8.875% 07/15/30 674599EA9 $5,822.85 0.120 %
KONINKLIJKE KP 8.375% 10/01/30 780641AH9 $5,945.58 0.120 %
DEVON ENERGY C 7.875% 09/30/31 25179SAD2 $5,848.90 0.120 %
TELEFONICA EURO 8.25% 09/15/30 879385AD4 $5,871.39 0.120 %
VALERO ENERGY CO 7.5% 04/15/32 91913YAE0 $5,791.97 0.120 %
VALE OVERSEA LTD 8.25% 1/17/34 91911TAE3 $5,867.71 0.120 %
VODAFONE GROUP 7.875% 02/15/30 92857TAH0 $5,885.54 0.120 %
DISCOVER FINANCIA V/R 11/02/34 254709AT5 $5,782.11 0.110 %
GE HEALTHCARE 5.857% 03/15/30 36267VAH6 $5,288.92 0.110 %
KELLANOVA 7.45% 04/01/31 487836AT5 $5,741.87 0.110 %
PARAMOUNT GLOB 7.875% 07/30/30 925524AH3 $5,477.89 0.110 %
TAPESTRY INC 7.85% 11/27/33 876030AF4 $5,354.13 0.110 %
CELANESE US HOLD 6.7% 11/15/33 15089QAY0 $5,385.63 0.110 %
LLOYDS BANKING GR V/R 11/15/33 539439AW9 $5,763.57 0.110 %
KINDER MORGAN I 7.75% 01/15/32 28368EAE6 $5,713.51 0.110 %
ONEOK INC 6.1% 11/15/32 682680BG7 $5,292.37 0.110 %
MARATHON OIL COR 6.8% 03/15/32 565849AB2 $5,613.51 0.110 %
TIME WARNER CA 8.375% 07/15/33 88731EAJ9 $5,627.66 0.110 %
BOOZ ALLEN HAMI 5.95% 08/04/33 09951LAC7 $5,322.25 0.110 %
DOW CHEMICAL CO/ 6.3% 03/15/33 260543DG5 $5,440.02 0.110 %
ARCELORMITTAL SA 6.8% 11/29/32 03938LBF0 $5,409.70 0.110 %
SANTANDER HOLDING V/R 11/09/31 80282KBH8 $5,554.44 0.110 %
FOX CORP 6.5% 10/13/33 35137LAN5 $5,392.58 0.110 %
BANCO BILBAO VIZC V/R 11/15/34 05946KAN1 $5,626.00 0.110 %
PACIFIC GAS & E 6.95% 03/15/34 694308KP1 $5,584.42 0.110 %
NORDSON CORP 5.8% 09/15/33 655663AB8 $5,309.76 0.110 %
GOLDMAN SACHS 6.345% 02/15/34 38143VAA7 $5,334.08 0.110 %
CITIZENS FINANCIA V/R 04/25/35 174610BG9 $5,342.09 0.110 %
DELL INT LLC / 5.75% 02/01/33 24703DBL4 $5,328.16 0.110 %
TRIMBLE INC 6.1% 03/15/33 896239AE0 $5,349.45 0.110 %
DOW CHEMICAL C 7.375% 11/01/29 260543BJ1 $5,642.01 0.110 %
EDISON INTERNAT 6.95% 11/15/29 281020AW7 $5,427.92 0.110 %
RYDER SYSTEM INC 6.6% 12/01/33 78355HKY4 $5,457.78 0.110 %
ALTRIA GROUP I 6.875% 11/01/33 02209SBR3 $5,559.44 0.110 %
MARVELL TECHNOL 5.95% 09/15/33 573874AQ7 $5,323.89 0.110 %
KYNDRYL HOLDING 6.35% 02/20/34 50155QAN0 $5,300.80 0.110 %
HESS CORP 7.3% 08/15/31 023551AJ3 $5,790.40 0.110 %
ATHENE HOLDING 6.15% 04/03/30 04686JAB7 $5,313.54 0.110 %
JM SMUCKER CO 6.2% 11/15/33 832696AX6 $5,393.62 0.110 %
TARGA RESOURCE 6.125% 03/15/33 87612GAC5 $5,318.58 0.110 %
QUEST DIAGNOSTIC 6.4% 11/30/33 74834LBD1 $5,448.42 0.110 %
MICRON TECHNOLO 6.75% 11/01/29 595112BV4 $5,439.72 0.110 %
ENTERGY CORP V/R 12/01/54 29364GAQ6 $5,067.31 0.100 %
GLOBAL PAYMENTS 5.3% 08/15/29 37940XAN2 $5,130.03 0.100 %
ENBRIDGE INC 5.625% 04/05/34 29250NCC7 $5,140.40 0.100 %
CROWN CASTLE INC 5.8% 03/01/34 22822VBE0 $5,242.45 0.100 %
DIAMONDBACK ENE 5.15% 01/30/30 25278XAY5 $5,091.79 0.100 %
WESTINGHOUSE A 5.611% 03/11/34 960386AR1 $5,182.92 0.100 %
BLACKSTONE PRIV 6.25% 01/25/31 09261HBF3 $5,199.48 0.100 %
AMERICAN HOMES 4 5.5% 02/01/34 02666TAG2 $5,104.31 0.100 %
KEURIG DR PEPPER 5.3% 03/15/34 49271VAV2 $5,137.54 0.100 %
ESSENTIAL UTIL 5.375% 01/15/34 29670GAH5 $4,994.82 0.100 %
O'REILLY AUTOMOT 4.7% 06/15/32 67103HAL1 $4,913.28 0.100 %
WASTE CONNECTIONS 5% 03/01/34 94106BAG6 $5,071.78 0.100 %
OCCIDENTAL PET 6.125% 01/01/31 674599EF8 $5,199.13 0.100 %
XCEL ENERGY INC 5.5% 03/15/34 98389BBB5 $5,106.42 0.100 %
NOMURA HOLDING 5.605% 07/06/29 65535HBC2 $5,080.64 0.100 %
TRANE TECH FIN 5.25% 03/03/33 892938AA9 $5,187.40 0.100 %
COTERRA ENERGY I 5.6% 03/15/34 127097AL7 $5,153.65 0.100 %
FORTUNE BRANDS 5.875% 06/01/33 34964CAH9 $5,179.22 0.100 %
FIFTH THIRD BANCO V/R 01/29/32 316773DL1 $5,167.86 0.100 %
OWENS CORNING 5.7% 06/15/34 690742AP6 $5,142.82 0.100 %
FAIRFAX FINL H 4.625% 04/29/30 303901BF8 $4,888.44 0.100 %
REPUBLIC SERVICES 5% 12/15/33 760759BH2 $4,998.10 0.100 %
VENTAS REALTY L 4.75% 11/15/30 92277GAV9 $4,907.88 0.100 %
ALBEMARLE CORP 5.05% 06/01/32 012653AE1 $4,819.73 0.100 %
ALLSTATE CORP 5.25% 03/30/33 020002BK6 $5,122.73 0.100 %
ELEVANCE HEALT 5.375% 06/15/34 036752AZ6 $5,113.63 0.100 %
ALLEGION US HO 5.411% 07/01/32 01748TAC5 $5,092.59 0.100 %
LEIDOS INC 5.75% 03/15/33 52532XAJ4 $5,214.65 0.100 %
CF INDUSTRIES I 5.15% 03/15/34 12527GAF0 $4,969.05 0.100 %
JEFFERIES FIN GR 6.2% 04/14/34 47233WEJ4 $5,218.71 0.100 %
CVS HEALTH CORP 5.7% 06/01/34 126650ED8 $5,096.57 0.100 %
CONSTELLATION BR 4.9% 05/01/33 21036PBP2 $4,940.35 0.100 %
HEICO CORP 5.35% 08/01/33 422806AB5 $5,143.82 0.100 %
NNN REIT INC 5.5% 06/15/34 637417AT3 $5,057.73 0.100 %
LKQ CORP 6.25% 06/15/33 501889AF6 $5,250.70 0.100 %
HUMANA INC 5.95% 03/15/34 444859BY7 $5,285.95 0.100 %
DEVON ENERGY COR 4.5% 01/15/30 25179MBF9 $4,868.89 0.100 %
PACIFIC GAS & E 6.15% 01/15/33 694308KJ5 $5,168.20 0.100 %
CARDINAL HEALTH 5.45% 02/15/34 14149YBP2 $5,168.43 0.100 %
AUTONATION INC 4.75% 06/01/30 05329WAQ5 $4,880.82 0.100 %
MPLX LP 5% 03/01/33 55336VBV1 $4,946.75 0.100 %
CHARTER COMM OP 6.55% 06/01/34 161175CR3 $5,100.98 0.100 %
KINDER MORGAN IN 5.4% 02/01/34 494553AE0 $5,123.40 0.100 %
DELL INT LLC / E 5.4% 04/15/34 24703DBN0 $5,108.70 0.100 %
MCDONALD'S CORP 4.6% 09/09/32 58013MFS8 $4,988.69 0.100 %
TPG OPERATING 5.875% 03/05/34 872652AA0 $5,198.22 0.100 %
TRUIST FINANCIAL V/R 07/28/33 89788NAA8 $4,808.60 0.100 %
ROGERS COMMUNICA 5.3% 02/15/34 775109DF5 $5,082.56 0.100 %
BROWN & BROWN I 5.65% 06/11/34 115236AG6 $5,054.18 0.100 %
ZOETIS INC 5.6% 11/16/32 98978VAV5 $5,221.68 0.100 %
PHILLIPS 66 CO 5.25% 06/15/31 718547AU6 $5,062.73 0.100 %
REGAL REXNORD C 6.4% 04/15/33 758750AP8 $5,269.92 0.100 %
CONSTELLATION EN 5.8% 03/01/33 210385AC4 $5,268.10 0.100 %
BAT CAPITAL CO 4.906% 04/02/30 05526DBN4 $5,006.20 0.100 %
CELANESE US HO 6.379% 07/15/32 15089QAP9 $5,213.75 0.100 %
MOODY'S CORPORA 4.25% 08/08/32 615369AZ8 $4,851.98 0.100 %
EASTMAN CHEMIC 5.625% 02/20/34 277432AY6 $5,133.94 0.100 %
INTERPUBLIC GRO 4.75% 03/30/30 460690BR0 $4,994.09 0.100 %
AMERICAN INTER 5.125% 03/27/33 026874DS3 $5,075.85 0.100 %
AGCO CORP 5.8% 03/21/34 001084AS1 $5,144.35 0.100 %
CHENIERE ENERGY 5.65% 04/15/34 16411RAL3 $5,142.13 0.100 %
CAPITAL ONE FINAN V/R 02/01/35 14040HDF9 $5,242.25 0.100 %
DOLLAR GENERAL 5.45% 07/05/33 256677AP0 $5,041.06 0.100 %
GENERAL MOTORS C 5.4% 10/15/29 37045VAY6 $5,099.09 0.100 %
CROWN CASTLE INC 5.1% 05/01/33 22822VBC4 $4,955.75 0.100 %
OMNICOM GROUP IN 4.2% 06/01/30 681919BC9 $4,831.85 0.100 %
LYB INT FINANCE 5.5% 03/01/34 50249AAM5 $5,127.14 0.100 %
LAS VEGAS SANDS CO 6% 08/15/29 517834AK3 $5,123.35 0.100 %
NEWMONT / NEWCR 5.35% 03/15/34 65163LAP4 $5,159.21 0.100 %
PHILLIPS 66 CO 5.3% 06/30/33 718547AR3 $5,004.42 0.100 %
EVERSOURCE ENERG 5.5% 01/01/34 30040WAX6 $4,992.66 0.100 %
VMWARE INC 4.7% 05/15/30 928563AF2 $4,939.01 0.100 %
LOWE'S COS INC 5.15% 07/01/33 548661EQ6 $5,049.42 0.100 %
KEYCORP V/R 03/06/35 49326EEP4 $5,277.65 0.100 %
DTE ENERGY CO 5.85% 06/01/34 233331BL0 $5,207.51 0.100 %
XCEL ENERGY INC 5.45% 08/15/33 98389BBA7 $5,117.30 0.100 %
ATHENE HOLDING 5.875% 01/15/34 04686JAG6 $5,042.24 0.100 %
ARIZONA PUBLIC 5.55% 08/01/33 040555DG6 $5,165.25 0.100 %
CAMPBELL SOUP CO 5.4% 03/21/34 134429BP3 $5,126.47 0.100 %
NATIONAL GRID 5.418% 01/11/34 636274AF9 $4,970.10 0.100 %
LYB INT FINANC 5.625% 05/15/33 50249AAL7 $5,192.23 0.100 %
VERALTO CORP 5.45% 09/18/33 92338CAE3 $5,135.37 0.100 %
MARRIOTT INTERNA 5.3% 05/15/34 571903BQ5 $5,035.69 0.100 %
BRIGHTHOUSE FI 5.625% 05/15/30 10922NAG8 $5,156.55 0.100 %
LOWE'S COS INC 5% 04/15/33 548661EL7 $5,049.04 0.100 %
NISOURCE INC 5.35% 04/01/34 65473PAQ8 $5,071.42 0.100 %
ALEXANDRIA REAL 4.9% 12/15/30 015271AU3 $4,975.44 0.100 %
QORVO INC 4.375% 10/15/29 74736KAH4 $4,807.08 0.100 %
NATIONAL GRID 5.809% 06/12/33 636274AE2 $5,128.84 0.100 %
REPUBLIC SERVICES 5% 04/01/34 760759BC3 $5,052.07 0.100 %
L3HARRIS TECH I 5.25% 06/01/31 502431AT6 $5,131.92 0.100 %
FREEPORT-MCMOR 4.625% 08/01/30 35671DCH6 $4,963.32 0.100 %
ARCELORMITTAL 4.25% 07/16/29 03938LBC7 $4,811.62 0.100 %
BLUE OWL FINANC 6.25% 04/18/34 09581JAM8 $5,172.59 0.100 %
NUTRIEN LTD 5.4% 06/21/34 67077MBD9 $4,996.23 0.100 %
SEMPRA V/R 10/01/54 816851BS7 $5,135.52 0.100 %
AMERICAN TOWER 5.45% 02/15/34 03027XCH1 $5,144.33 0.100 %
DIAMONDBACK ENER 5.4% 04/18/34 25278XAZ2 $5,082.28 0.100 %
FMC CORP 5.65% 05/18/33 302491AX3 $5,036.63 0.100 %
CAPITAL ONE FINAN V/R 02/01/34 14040HCY9 $5,151.66 0.100 %
DOMINION ENERGY I V/R 02/01/55 25746UDT3 $5,230.96 0.100 %
BAT CAPITAL CO 4.742% 03/16/32 05526DBW4 $4,895.01 0.100 %
FORD MOTOR CRED 6.05% 03/05/31 345397E25 $5,193.19 0.100 %
BLUE OWL CREDIT 6.65% 03/15/31 69120VAZ4 $5,134.94 0.100 %
CONSTELLATION B 4.75% 05/09/32 21036PBL1 $4,915.81 0.100 %
ARROW ELECTRON 5.875% 04/10/34 04273WAE1 $5,088.16 0.100 %
O'REILLY AUTOMOT 4.2% 04/01/30 67103HAJ6 $4,877.62 0.100 %
NEXTERA ENERGY CA V/R 06/15/54 65339KDB3 $5,279.36 0.100 %
NEXTERA ENERGY CA V/R 09/01/54 65339KCW8 $5,213.96 0.100 %
PRUDENTIAL FINANC V/R 03/15/54 744320BP6 $5,233.68 0.100 %
BELL CANADA 5.2% 02/15/34 0778FPAM1 $5,077.16 0.100 %
SEMPRA 5.5% 08/01/33 816851BR9 $5,195.65 0.100 %
AMERICAN WATER 5.15% 03/01/34 03040WBD6 $5,131.65 0.100 %
HUMANA INC 4.875% 04/01/30 444859BN1 $5,034.01 0.100 %
DOMINION ENERGY 5.25% 08/01/33 257469AJ5 $5,081.19 0.100 %
MCDONALD'S CORP 5.2% 05/17/34 58013MFY5 $5,150.15 0.100 %
DOMINION ENERG 5.375% 11/15/32 25746UDR7 $5,085.71 0.100 %
TRACTOR SUPPLY 5.25% 05/15/33 892356AB2 $5,067.11 0.100 %
CELANESE US HOL 6.33% 07/15/29 15089QAN4 $5,195.29 0.100 %
OVINTIV INC 6.25% 07/15/33 69047QAC6 $5,192.28 0.100 %
SMITH & NEPHEW P 5.4% 03/20/34 83192PAD0 $5,081.18 0.100 %
NXP BV/NXP FDG/NXP 5% 01/15/33 62954HBB3 $4,930.80 0.100 %
VERISK ANALYTIC 5.25% 06/05/34 92345YAJ5 $5,025.62 0.100 %
DUKE ENERGY COR 5.45% 06/15/34 26441CCE3 $5,048.62 0.100 %
MPLX LP 5.5% 06/01/34 55336VBX7 $5,029.71 0.100 %
BELL CANADA 5.1% 05/11/33 0778FPAL3 $5,013.34 0.100 %
TYSON FOODS INC 5.7% 03/15/34 902494BM4 $5,156.47 0.100 %
BANCO BILBAO VIZC V/R 03/13/35 05946KAR2 $5,197.11 0.100 %
TRANSCANADA PIPE 4.1% 04/15/30 89352HBA6 $4,823.16 0.100 %
ENBRIDGE INC V/R 06/27/54 29250NCF0 $5,126.22 0.100 %
STARBUCKS CORP 4.8% 02/15/33 855244BF5 $5,053.66 0.100 %
BAT CAPITAL CORP 6% 02/20/34 05526DBZ7 $5,265.24 0.100 %
WILLIAMS COMPAN 5.15% 03/15/34 88339WAC0 $5,077.88 0.100 %
AON CORP/AON GL 5.35% 02/28/33 03740LAG7 $5,139.11 0.100 %
KEURIG DR PEPPER 5.2% 03/15/31 49271VAU4 $5,140.98 0.100 %
GATX CORP 4% 06/30/30 361448BF9 $4,728.40 0.090 %
SUMITOMO MITSU 3.202% 09/17/29 86562MBS8 $4,628.13 0.090 %
ELEVANCE HEALTH 2.25% 05/15/30 036752AN3 $4,350.07 0.090 %
NISOURCE INC 3.6% 05/01/30 65473PAJ4 $4,690.20 0.090 %
SANTANDER UK GROU V/R 03/15/32 80281LAP0 $4,323.69 0.090 %
REPUBLIC SERVICE 2.3% 03/01/30 760759AV2 $4,425.51 0.090 %
ALTRIA GROUP INC 3.4% 05/06/30 02209SBJ1 $4,620.47 0.090 %
RELX CAPITAL INC 3% 05/22/30 74949LAD4 $4,560.72 0.090 %
OMEGA HLTHCARE 3.375% 02/01/31 681936BM1 $4,430.00 0.090 %
PRUDENTIAL FINANC V/R 10/01/50 744320BH4 $4,466.43 0.090 %
AMPHENOL CORP 2.8% 02/15/30 032095AJ0 $4,562.16 0.090 %
BARCLAYS PLC V/R 09/23/35 06738EBP9 $4,433.16 0.090 %
SHERWIN-WILLIAM 2.95% 08/15/29 824348BJ4 $4,616.15 0.090 %
INVITATION HOME 4.15% 04/15/32 46188BAD4 $4,675.56 0.090 %
APTIV PLC / APT 3.25% 03/01/32 00217GAB9 $4,445.54 0.090 %
DIAMONDBACK ENER 3.5% 12/01/29 25278XAN9 $4,685.60 0.090 %
LABORATORY CORP 2.95% 12/01/29 50540RAW2 $4,523.87 0.090 %
IDEX CORP 2.625% 06/15/31 45167RAH7 $4,284.87 0.090 %
EVERGY INC 2.9% 09/15/29 30034WAB2 $4,562.04 0.090 %
SOUTHWEST GAS C 4.05% 03/15/32 845011AE5 $4,651.92 0.090 %
OMNICOM GROUP IN 2.6% 08/01/31 681919BD7 $4,328.94 0.090 %
EXPEDIA GROUP I 3.25% 02/15/30 30212PAR6 $4,638.97 0.090 %
DISCOVERY COMM 3.625% 05/15/30 25470DBJ7 $4,413.56 0.090 %
BRIXMOR OPERATI 4.05% 07/01/30 11120VAJ2 $4,711.09 0.090 %
CENCORA INC 2.7% 03/15/31 03073EAT2 $4,369.91 0.090 %
LINCOLN NATIONAL 3.4% 01/15/31 534187BK4 $4,482.34 0.090 %
BLOCK FINANCIA 3.875% 08/15/30 093662AH7 $4,730.40 0.090 %
AIR LEASE CORP 3.25% 10/01/29 00914AAE2 $4,626.85 0.090 %
EPR PROPERTIES 3.75% 08/15/29 26884UAF6 $4,601.30 0.090 %
EQUINIX INC 3.2% 11/18/29 29444UBE5 $4,605.36 0.090 %
AUTONATION INC 3.85% 03/01/32 05329RAA1 $4,592.52 0.090 %
KIMCO REALTY OP 3.2% 04/01/32 49446RAZ2 $4,394.84 0.090 %
NEWMONT / NEWCR 3.25% 05/13/30 65163LAA7 $4,603.99 0.090 %
TEXTRON INC 2.45% 03/15/31 883203CC3 $4,290.68 0.090 %
SONOCO PRODUCTS 2.85% 02/01/32 835495AP7 $4,293.35 0.090 %
LOWE'S COS INC 2.625% 04/01/31 548661EA1 $4,369.14 0.090 %
AMERICAN WATER C 2.8% 05/01/30 03040WAW5 $4,488.60 0.090 %
DUKE ENERGY COR 2.45% 06/01/30 26441CBH7 $4,377.91 0.090 %
HALLIBURTON CO 2.92% 03/01/30 406216BL4 $4,582.48 0.090 %
MONDELEZ INTERN 2.75% 04/13/30 609207AT2 $4,516.25 0.090 %
ROPER TECHNOLOG 2.95% 09/15/29 776743AG1 $4,602.86 0.090 %
REVVITY INC 3.3% 09/15/29 714046AG4 $4,649.95 0.090 %
AGILENT TECHNOLO 2.1% 06/04/30 00846UAM3 $4,292.18 0.090 %
FORTUNE BRANDS 3.25% 09/15/29 34964CAE6 $4,639.94 0.090 %
NORFOLK SOUTHERN C 3% 03/15/32 655844CM8 $4,422.16 0.090 %
NATIONAL FUEL G 2.95% 03/01/31 636180BR1 $4,310.27 0.090 %
INGREDION INC 2.9% 06/01/30 457187AC6 $4,484.02 0.090 %
MARVELL TECHNOL 2.95% 04/15/31 573874AJ3 $4,403.32 0.090 %
FIDELITY NATL FI 3.4% 06/15/30 31620RAJ4 $4,506.46 0.090 %
WEIBO CORP 3.375% 07/08/30 948596AE1 $4,426.75 0.090 %
KROGER CO 2.2% 05/01/30 501044DP3 $4,330.72 0.090 %
CHENIERE CORP CH 3.7% 11/15/29 16412XAJ4 $4,710.18 0.090 %
SYSCO CORPORATIO 2.4% 02/15/30 871829BK2 $4,432.74 0.090 %
BOARDWALK PIPELI 3.6% 09/01/32 096630AJ7 $4,436.86 0.090 %
BIO-RAD LABS 3.7% 03/15/32 090572AQ1 $4,553.60 0.090 %
ANGLOGOLD HOLDI 3.75% 10/01/30 03512TAE1 $4,478.46 0.090 %
STEEL DYNAMICS 3.45% 04/15/30 858119BK5 $4,644.36 0.090 %
DEUTSCHE BANK NY V/R 09/18/31 251526CD9 $4,528.50 0.090 %
REINSURANCE GRP 3.15% 06/15/30 759351AP4 $4,522.26 0.090 %
VULCAN MATERIALS 3.5% 06/01/30 929160AZ2 $4,654.62 0.090 %
NVR INC 3% 05/15/30 62944TAF2 $4,526.28 0.090 %
CDW LLC/CDW FI 3.569% 12/01/31 12513GBJ7 $4,441.20 0.090 %
HEALTHPEAK OP LLC 3% 01/15/30 42250PAA1 $4,496.69 0.090 %
SANDS CHINA LT 4.375% 06/18/30 80007RAL9 $4,658.75 0.090 %
TELUS CORP 3.4% 05/13/32 87971MBW2 $4,428.88 0.090 %
STERIS PLC 2.7% 03/15/31 85917PAA5 $4,334.50 0.090 %
BROADRIDGE FINAN 2.6% 05/01/31 11133TAE3 $4,298.43 0.090 %
NEXTERA ENERGY 2.75% 11/01/29 65339KBM1 $4,529.22 0.090 %
AMEREN CORP 3.5% 01/15/31 023608AJ1 $4,575.15 0.090 %
CVS HEALTH CORP 3.25% 08/15/29 126650DG2 $4,653.25 0.090 %
GENERAL MILLS 2.875% 04/15/30 370334CL6 $4,509.74 0.090 %
REGENCY CENTERS 3.7% 06/15/30 75884RBA0 $4,672.03 0.090 %
UNIVERSAL HEALT 2.65% 10/15/30 913903AW0 $4,357.61 0.090 %
CONSTELLATION 2.875% 05/01/30 21036PBF4 $4,493.41 0.090 %
STANLEY BLACK & DE 3% 05/15/32 854502AQ4 $4,328.51 0.090 %
GENUINE PARTS C 2.75% 02/01/32 372460AC9 $4,281.43 0.090 %
TELEDYNE TECHNO 2.75% 04/01/31 879360AE5 $4,352.42 0.090 %
UDR INC 3% 08/15/31 90265EAR1 $4,446.85 0.090 %
KRAFT HEINZ FOO 3.75% 04/01/30 50077LAV8 $4,778.25 0.090 %
ZIONS BANCORP N 3.25% 10/29/29 98971DAB6 $4,304.64 0.090 %
QUEST DIAGNOSTI 2.95% 06/30/30 74834LBB5 $4,507.32 0.090 %
DENTSPLY SIRONA 3.25% 06/01/30 24906PAA7 $4,442.04 0.090 %
FORD MOTOR CREDIT 4% 11/13/30 345397B36 $4,571.57 0.090 %
AMGEN INC 3.35% 02/22/32 031162DE7 $4,560.40 0.090 %
NOV INC 3.6% 12/01/29 637071AM3 $4,668.37 0.090 %
WILLIAMS COMPANI 3.5% 11/15/30 969457BX7 $4,620.53 0.090 %
TAKE-TWO INTERACTI 4% 04/14/32 874054AH2 $4,666.34 0.090 %
CHENIERE ENERGY PA 4% 03/01/31 16411QAK7 $4,684.32 0.090 %
ELEVANCE HEALTH 2.55% 03/15/31 036752AP8 $4,362.20 0.090 %
GLP CAPITAL LP / F 4% 01/15/31 361841AQ2 $4,541.40 0.090 %
CENCORA INC 2.8% 05/15/30 03073EAR6 $4,485.33 0.090 %
FOX CORP 3.5% 04/08/30 35137LAL9 $4,651.47 0.090 %
NETAPP INC 2.7% 06/22/30 64110DAK0 $4,408.40 0.090 %
WASTE CONNECTION 4.2% 01/15/33 94106BAF8 $4,714.20 0.090 %
SANDS CHINA LTD 3.25% 08/08/31 80007RAS4 $4,316.38 0.090 %
NOMURA HOLDING 2.679% 07/16/30 65535HAS8 $4,306.15 0.090 %
JABIL INC 3% 01/15/31 466313AK9 $4,305.53 0.090 %
DICK'S SPORTING 3.15% 01/15/32 253393AF9 $4,315.27 0.090 %
STANLEY BLACK & 2.3% 03/15/30 854502AL5 $4,343.66 0.090 %
FLOWSERVE CORPOR 2.8% 01/15/32 34355JAB4 $4,178.03 0.080 %
CONSTELLATION B 2.25% 08/01/31 21036PBH0 $4,217.24 0.080 %
MIZUHO FINANCI 2.564% 09/13/31 60687YBU2 $4,152.33 0.080 %
SMITH & NEPHEW 2.032% 10/14/30 83192PAA6 $4,216.79 0.080 %
CAPITAL ONE FINAN V/R 11/02/32 14040HCJ2 $4,146.36 0.080 %
HEALTHCARE RLTY HL 2% 03/15/31 42225UAH7 $4,031.80 0.080 %
JOHNSON CONTROL 1.75% 09/15/30 47837RAA8 $4,209.07 0.080 %
BROWN & BROWN 2.375% 03/15/31 115236AC5 $4,207.23 0.080 %
INVITATION HOMES O 2% 08/15/31 46188BAA0 $4,062.01 0.080 %
FIDELITY NATL F 2.45% 03/15/31 31620RAK1 $4,191.10 0.080 %
ENBRIDGE INC 2.5% 08/01/33 29250NBF1 $4,082.52 0.080 %
JM SMUCKER CO 2.125% 03/15/32 832696AU2 $4,099.14 0.080 %
CI FINANCIAL COR 3.2% 12/17/30 125491AN0 $4,004.89 0.080 %
DUKE ENERGY COR 2.55% 06/15/31 26441CBL8 $4,257.50 0.080 %
AVERY DENNISON 2.25% 02/15/32 053611AM1 $4,148.66 0.080 %
FIRST AMERICAN F 2.4% 08/15/31 31847RAH5 $4,080.13 0.080 %
CITIZENS FINAN 2.638% 09/30/32 174610AW5 $3,961.36 0.080 %
DOLLAR TREE INC 2.65% 12/01/31 256746AJ7 $4,226.63 0.080 %
SUZANO AUSTRIA 3.125% 01/15/32 86964WAK8 $4,125.86 0.080 %
TRACTOR SUPPLY 1.75% 11/01/30 892356AA4 $4,144.24 0.080 %
CENOVUS ENERGY 2.65% 01/15/32 15135UAW9 $4,188.36 0.080 %
PHILLIPS 66 2.15% 12/15/30 718546AW4 $4,241.11 0.080 %
ELECTRONIC ARTS 1.85% 02/15/31 285512AE9 $4,187.97 0.080 %
NEWMONT CORP 2.6% 07/15/32 651639AZ9 $4,238.38 0.080 %
COPT DEFENSE PR 2.75% 04/15/31 22003BAM8 $4,220.17 0.080 %
AMPHENOL CORP 2.2% 09/15/31 032095AL5 $4,209.63 0.080 %
DOMINION ENERGY 2.25% 08/15/31 25746UDL0 $4,187.29 0.080 %
MCCORMICK & CO 1.85% 02/15/31 579780AS6 $4,154.96 0.080 %
SABRA HEALTH CAR 3.2% 12/01/31 78574MAA1 $4,257.95 0.080 %
EAGLE MATERIALS 2.5% 07/01/31 26969PAB4 $4,264.87 0.080 %
AMERICAN TOWER C 2.1% 06/15/30 03027XBC3 $4,262.96 0.080 %
VONTIER CORP 2.95% 04/01/31 928881AF8 $4,271.72 0.080 %
L3HARRIS TECH IN 1.8% 01/15/31 502431AN9 $4,100.41 0.080 %
SYNCHRONY FINA 2.875% 10/28/31 87165BAR4 $4,121.20 0.080 %
WESTERN DIGITAL 3.1% 02/01/32 958102AR6 $4,193.92 0.080 %
REVVITY INC 2.25% 09/15/31 714046AN9 $4,158.87 0.080 %
VF CORP 2.95% 04/23/30 918204BC1 $4,279.59 0.080 %
ALLSTATE CORP 1.45% 12/15/30 020002BJ9 $4,048.57 0.080 %
OMEGA HLTHCARE 3.25% 04/15/33 681936BN9 $4,158.85 0.080 %
REGENERON PHARM 1.75% 09/15/30 75886FAE7 $4,203.22 0.080 %
TRITON CONTAINE 3.25% 03/15/32 89681LAA0 $4,250.41 0.080 %
NOMURA HOLDING 2.999% 01/22/32 65535HBA6 $4,229.14 0.080 %
ZIMMER BIOMET HO 2.6% 11/24/31 98956PAV4 $4,249.10 0.080 %
AES CORP/THE 2.45% 01/15/31 00130HCG8 $4,173.61 0.080 %
REPUBLIC SERVI 2.375% 03/15/33 760759BA7 $4,111.15 0.080 %
VENTAS REALTY LP 2.5% 09/01/31 92277GAW7 $4,212.02 0.080 %
VERISIGN INC 2.7% 06/15/31 92343EAM4 $4,261.99 0.080 %
WRKCO INC 3% 06/15/33 92940PAG9 $4,258.49 0.080 %
SHERWIN-WILLIAMS 2.2% 03/15/32 824348BN5 $4,165.10 0.080 %
ALEXANDRIA REAL ES 2% 05/18/32 015271AW9 $3,990.33 0.080 %
HUMANA INC 2.15% 02/03/32 444859BR2 $4,090.88 0.080 %
STRYKER CORP 1.95% 06/15/30 863667AY7 $4,247.94 0.080 %
GLP CAPITAL LP 3.25% 01/15/32 361841AR0 $4,255.71 0.080 %
EQUINIX INC 2.5% 05/15/31 29444UBS4 $4,276.85 0.080 %
ALEXANDRIA REAL 2.95% 03/15/34 015271AY5 $4,167.43 0.080 %
EXTRA SPACE STOR 2.4% 10/15/31 30225VAQ0 $4,188.36 0.080 %
PARAMOUNT GLOBAL 4.2% 05/19/32 92556HAD9 $4,277.49 0.080 %
BAXTER INTERNAT 1.73% 04/01/31 071813CB3 $4,069.76 0.080 %
MARTIN MARIETTA 2.4% 07/15/31 573284AW6 $4,215.45 0.080 %
AGILENT TECHNOLO 2.3% 03/12/31 00846UAN1 $4,254.70 0.080 %
As of 07/19/2024 and subject to change.

Performance

Growth Of $10,000 Since Inception

The Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Distributions

Ex-Date Record Date Pay Date Distribution Paid
(Per Share)
Jul 1, 2024 Jul 1, 2024 Jul 5, 2024 0.21060
Jun 3, 2024 Jun 3, 2024 Jun 6, 2024 0.21795
May 1, 2024 May 2, 2024 May 7, 2024 0.21006
Apr 1, 2024 Apr 2, 2024 Apr 5, 2024 0.18884
Mar 1, 2024 Mar 4, 2024 Mar 7, 2024 0.25460

Yield to Worst: The bond yield is computed by using the lower of either the yield to maturity or the yield to call on every possible call date. Yield to worst is shown for all securities with the exception of agency mortgage-backed securities (MBS), commercial mortgage-backed securities (CMBS), and asset-backed securities (ABS). Agency MBS are priced based on zero volatility yield. CMBS and ABS are priced based on effective maturity.

Option Adjusted Duration is a measure of the potential responsiveness of a bond or portfolio price to parallel shifts in interest rates.

After Tax Post-Liq.(%): After-Tax Post-Liquidation Returns measure the performance of the fund after accounting for both taxes on distributions and the taxes incurred from selling the fund shares. This metric provides a comprehensive view of the investment’s tax impact, including the realization of capital gains or losses upon the sale. The highest marginal Federal tax rate is assumed.

After Tax Pre-Liq.(%): After-Tax Pre-Liquidation Returns refer to the performance of the fund after considering the impact of taxes on distributions, but before any action to sell the fund shares is taken. This measure provides investors with insight into how taxes affect their returns without factoring in the potential taxes from selling the investment, thus focusing solely on the tax implications of the fund’s income and capital gains distributions. The highest marginal Federal tax rate is assumed.

After-tax yield: The after-tax yield is the return that investors can expect to receive after accounting for taxes owed on the interest income generated by the bond. This yield is particularly important when comparing the returns on municipal bonds, which are often exempt from federal income tax (and sometimes state and local taxes if the bond is issued within the investor’s state of residence), with those on taxable bonds, like corporate or government bonds.

Tax Equivalent Yield: The tax-equivalent yield (TEY) is the yield that a taxable bond would need to equal the yield on a comparable tax-exempt municipal bond, taking into account the impact of taxes. The calculation is a tool that investors can use to fairly compare the yield between a tax-free investment and a taxable alternative. TEY assumes the highest marginal Federal tax rate, is measured at the individual bond level, and aggregated to the portfolio level.

Tax Equivalent Yield = Tax Free Municipal Bond Yield / (1-Tax Rate)

Effective duration: Effective duration is a way to measure interest-rate sensitivity for bonds that have embedded options, such as callable or puttable features. Effective duration captures the potential variations in cash flows due to these options, and can be measured using modified duration for option-free bonds. The calculation is measured at the individual bond level and then aggregated to the portfolio level.

The 30-Day SEC Yield represents net investment income earned by the fund over the 30-Day period, expressed as an annual percent age rate based on the fund’s share price at the end of the 30-Day period.

Option Adjusted Duration is a measure of the potential responsiveness of a bond or portfolio price to parallel shifts in interest rates.

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Market Price: Inception date for Market Price Calculation is as of 9/13/22. Market Returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.

NAV: Inception date for NAV calculation is as of 9/13/22.

Number of Countries: The number of unique countries that have issued bonds represented in the fund.

Spread to Worst: Spread to worst is a bond’s yield to worst minus the yield at a point on the fair value government yield curve that corresponds to the bond’s expected redemption date.

NAV: Inception date for NAV calculation is as of 2/15/22.

Premium Discount disclosure to be added here.

Index disclosure to be added here.

Market Price: Inception date for Market Price Calculation is as of 2/17/22. Market Returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.

Total return disclosure to be added here.

The Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Index Market Cap represents aggregate market value of bonds in the underlying index.

The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made per the past twelve months.

30 Day SEC Yield: A standard calculation of yield introduced by the SEC in order to provide fairer comparison among funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the Fund’s expenses for the period. It does not reflect the yield an investor would have received if they had held the Fund over the last twelve months assuming the most recent NAV. Distributions may vary from time to time.

Spread Duration is a measure of the potential responsiveness of a bond or portfolio price to changes in credit spread.

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Option Adjusted Spread (OAS): For a bond, the option-adjusted spread is the measurement of the spread between the bond and the underlying government yield curve. For an Index, the average of its constituent security government option-adjusted spreads, weighted by full market value. 

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Yield to Worst: The bond yield is computed by using the lower of either the yield to maturity or the yield to call on every possible call date.

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Yield to Maturity: The discount rate that equates the present value of a bond’s cash flows with its market price (including accrued interest). The Fund Average Yield to Maturity is the weighted average of the fund’s individual bond holding yields based on Net Asset Value (‘NAV’). The measure does not include fees and expenses. For callable bonds, this yield is the yield-to-worst.

The values shown are based off of a price provided by the Fund’s third-party index provider, using the bid price for each security (the “index price”). Because the Fund values its securities at the midpoint between the bid and ask prices for most securities, the index price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). The values shown may have been different if the valuation price were to have been used to calculate such values. The index price is as of the most recent date for which a price is available, and may not necessarily be as of the date shown above.

Average Maturity: The average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

Average Coupon: The average coupon rate of the underlying bonds in the fund, weighted by each bond’s face value.

Number of Issuers: The number of unique companies that have issued bonds represented in the fund (distinct from the number of issues from a company).

Expense Ratio: As stated in the Fund’s current prospectus.

Acquired Fund Fees and Expenses (“AFFE”) reflect the Fund’s pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds, such as mutual funds, business development companies, or other pooled investment vehicles. AFFE are reflected in the prices of the acquired funds and thus included in the total returns of the Fund.

NAIC Rating: Property of the National Association of Insurance Commissioners (NAIC) and are redistributed here under License. An NAIC Designation is a proprietary symbol used by the NAIC Securities Valuation Office (SVO) to denote a category or band of credit risk (i.e., the likelihood of repayment in accordance with a written contract) for an issuer or for a security. NAIC Designations may be notched up or down to reflect the position of a specific liability in the issuer’s capital structure and/or the existence of other non-payment risk in the specific security. Under NAIC reporting rules, shares of an ETF are presumed to be reportable as common stock. The SVO may classify an ETF as a bond or preferred stock and assign it an NAIC Designation if it meets defined criteria. For a discussion of these criteria please call the SVO or refer to the Purposes and Procedures Manual of the NAIC Investment Analysis Office. The assignment of an NAIC Designation is not a recommendation to purchase the ETF and is not intended to convey approval or endorsement of the ETF Sponsor or the ETF by the NAIC.

The Securities Valuation Office (“SVO”) of the National Association of Insurance Commissioners (“NAIC”) assesses the credit quality of fixed income securities owned by state-regulated insurance companies and assigns appropriate NAIC designations, ranging from the highest quality of “1” to the lowest of “6.”  For more information visit https://content.naic.org/