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BBBI

BondBloxx BBB Rated 5-10 Year Corporate Bond ETF

Net asset value

$50.18

EXPENSE RATIO

0.19%

Yield to Maturity

5.41%

30-Day Sec Yield

5.44%
ALL DATA AS OF 06/18/2024, UNLESS OTHERWISE STATED. 30-DAY SEC YIELD AS OF 05/31/2024. 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 $5,018,126
Shares Outstanding 100,000
Median Spread 0.08%
Premium Discount Ratio 0.00%
Closing Price as of 06/18/2024 $50.18

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 633
Number of Issuers 325
Average Coupon 4.47%
Average Maturity 7.33 Years
* 30-Day SEC Yield is as of 05/31/2024
Yield to Maturity 5.41%
Yield to Worst 5.41%
Option Adjusted Duration 5.91
Option Adjusted Spread 117
Spread Duration 5.98
30-Day SEC Yield* 5.44%

Portfolio Breakdown

Corporates 99.6%
Cash and Equivalents 0.3%
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 $887.271B

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
T-MOBILE USA INC 2.25 %
VERIZON COMMUNICATIONS 2.21 %
BROADCOM INC 1.59 %
BARCLAYS PLC 1.54 %
AT&T INC 1.51 %
AMGEN INC 1.50 %
ORACLE CORP 1.41 %
CVS HEALTH CORP 1.39 %
BOEING CO 1.17 %
GENERAL MOTORS FINL CO 1.17 %
Name CUSIP Market Value % of Net Assets
T-MOBILE USA I 3.875% 04/15/30 87264ABF1 $33,171.97 0.660 %
DEUTSCHE TELEKO 8.75% 06/15/30 25156PAC7 $29,420.03 0.590 %
BOEING CO 5.15% 05/01/30 097023CY9 $29,151.63 0.580 %
WARNERMEDIA HO 4.279% 03/15/32 55903VBC6 $26,754.74 0.530 %
CITIGROUP INC V/R 05/25/34 17327CAR4 $25,691.49 0.510 %
AMGEN INC 5.25% 03/02/33 031162DR8 $25,558.16 0.510 %
VERIZON COMMUN 4.016% 12/03/29 92343VEU4 $23,813.08 0.470 %
ORACLE CORP 2.875% 03/25/31 68389XCE3 $21,987.04 0.440 %
BROADCOM INC 3.469% 04/15/34 11135FBL4 $21,735.70 0.430 %
AT&T INC 2.75% 06/01/31 00206RJY9 $21,636.90 0.430 %
BOEING CO 6.528% 05/01/34 097023DL6 $20,817.48 0.410 %
AMERICAN TOWER 5.65% 03/15/33 03027XBZ2 $20,617.51 0.410 %
VERIZON COMMUN 2.355% 03/15/32 92343VGN8 $20,786.95 0.410 %
AT&T INC 5.4% 02/15/34 00206RMT6 $20,591.87 0.410 %
T-MOBILE USA IN 5.05% 07/15/33 87264ACY9 $20,225.95 0.400 %
PACIFIC GAS & E 4.55% 07/01/30 694308JM0 $19,528.79 0.390 %
CENTENE CORP 4.625% 12/15/29 15135BAT8 $19,049.01 0.380 %
BRITISH TEL 8.625% 12/15/30 111021AE1 $18,491.12 0.370 %
HCA INC 3.5% 09/01/30 404119CA5 $18,367.17 0.370 %
ORANGE SA 8.75% 03/01/31 35177PAL1 $18,510.69 0.370 %
T-MOBILE USA INC 3.5% 04/15/31 87264ABW4 $18,285.32 0.360 %
CARRIER GLOBAL 2.722% 02/15/30 14448CAQ7 $17,959.70 0.360 %
ORACLE CORP 2.95% 04/01/30 68389XBV6 $18,039.55 0.360 %
AERCAP IRELAND C 3.3% 01/30/32 00774MAX3 $17,558.30 0.350 %
VERIZON COMMUNI 2.55% 03/21/31 92343VGJ7 $17,255.76 0.340 %
ALLY FINANCIAL INC 8% 11/01/31 36186CBY8 $16,845.59 0.340 %
AERCAP IRELAND C 3.4% 10/29/33 00774MAY1 $17,062.85 0.340 %
FORD MOTOR COMP 7.45% 07/16/31 345370CA6 $16,756.07 0.330 %
CAPITAL ONE FINAN V/R 10/30/31 14040HDC6 $16,740.75 0.330 %
DIAMONDBACK ENE 6.25% 03/15/33 25278XAV1 $16,111.00 0.320 %
AT&T INC 2.55% 12/01/33 00206RMM1 $16,166.34 0.320 %
CVS HEALTH COR 1.875% 02/28/31 126650DQ0 $16,306.54 0.320 %
ENERGY TRANSFER 6.55% 12/01/33 29273VAU4 $16,070.95 0.320 %
OCCIDENTAL PET 6.625% 09/01/30 674599ED3 $16,101.58 0.320 %
ENBRIDGE INC 6.2% 11/15/30 29250NBY0 $15,950.51 0.320 %
BARCLAYS PLC V/R 05/09/34 06738ECG8 $15,615.40 0.310 %
HSBC HOLDINGS PLC V/R 06/20/34 404280DX4 $15,651.98 0.310 %
MORGAN STANLEY V/R 01/19/38 61747YFB6 $15,464.28 0.310 %
DELL INT LLC / E 5.3% 10/01/29 24703TAG1 $15,330.52 0.310 %
FISERV INC 5.625% 08/21/33 337738BH0 $15,580.48 0.310 %
CVS HEALTH CORP 5.25% 02/21/33 126650DU1 $15,074.89 0.300 %
VERIZON COMMUNI 5.05% 05/09/33 92343VGT5 $15,046.30 0.300 %
CITIGROUP INC V/R 02/13/35 172967PG0 $15,288.58 0.300 %
SABINE PASS LIQU 4.5% 05/15/30 785592AX4 $14,560.50 0.290 %
VICI PROPERTIE 5.125% 05/15/32 925650AD5 $14,526.64 0.290 %
TARGA RESOURCES PA 4% 01/15/32 87612BBU5 $13,816.59 0.280 %
ENERGY TRANSFER 3.75% 05/15/30 29278NAQ6 $13,943.08 0.280 %
CVS HEALTH CORP 3.75% 04/01/30 126650DJ6 $14,021.66 0.280 %
WEYERHAEUSER CO 4% 04/15/30 962166BY9 $14,231.17 0.280 %
FISERV INC 3.5% 07/01/29 337738AU2 $14,208.64 0.280 %
CHARTER COMM OPT 4.4% 04/01/33 161175CJ1 $13,509.46 0.270 %
ROGERS COMMUNICA 3.8% 03/15/32 775109CH2 $13,691.81 0.270 %
PLAINS ALL AMER 3.55% 12/15/29 72650RBM3 $13,793.92 0.270 %
CASH CASH $12,838.56 0.260 %
MARRIOTT INTERNA 3.5% 10/15/32 571903BF9 $13,287.84 0.260 %
CIGNA GROUP/THE 2.4% 03/15/30 125523CL2 $13,132.13 0.260 %
TAKEDA PHARMACE 2.05% 03/31/30 874060AX4 $12,827.37 0.260 %
T-MOBILE USA IN 2.55% 02/15/31 87264ACB9 $12,983.63 0.260 %
DEUTSCHE BANK NY V/R 01/14/32 251526CF4 $12,992.73 0.260 %
BROADCOM INC 2.45% 02/15/31 11135FBH3 $12,877.33 0.260 %
HUNTINGTON BANC 2.55% 02/04/30 446150AS3 $13,007.91 0.260 %
SUZANO AUSTRIA 3.75% 01/15/31 86964WAJ1 $13,140.66 0.260 %
AON CORP 2.8% 05/15/30 037389BE2 $13,258.63 0.260 %
JEFFERIES FIN 2.625% 10/15/31 47233JGT9 $12,299.72 0.250 %
SPRINT CAPITAL 8.75% 03/15/32 852060AT9 $12,370.84 0.250 %
CENTENE CORP 2.5% 03/01/31 15135BAX9 $12,484.59 0.250 %
TRANSCANADA PIPE 2.5% 10/12/31 89352HBC2 $12,769.62 0.250 %
CHARTER COMM OPT 2.8% 04/01/31 161175BU7 $12,459.95 0.250 %
BANCO SANTANDER S V/R 11/22/32 05971KAL3 $12,638.80 0.250 %
MORGAN STANLEY V/R 09/16/36 61747YEF8 $12,064.58 0.240 %
HSBC HOLDINGS PLC V/R 11/03/33 404280DS5 $11,509.31 0.230 %
BAT CAPITAL CO 6.421% 08/02/33 054989AB4 $10,799.52 0.220 %
RTX CORP 6.1% 03/15/34 75513ECW9 $10,807.83 0.220 %
EQT CORP 7% 02/01/30 26884LAG4 $10,920.50 0.220 %
HSBC HOLDINGS PLC V/R 11/13/34 404280EC9 $11,040.48 0.220 %
TARGA RESOURCES 6.5% 03/30/34 87612GAF8 $10,850.20 0.220 %
QUEST DIAGNOSTIC 6.4% 11/30/33 74834LBD1 $10,871.95 0.220 %
NOMURA HOLDING 6.181% 01/18/33 65535HBK4 $10,857.50 0.220 %
JBS USA HOLD/FO 6.75% 03/15/34 47214BAA6 $10,900.92 0.220 %
FORD MOTOR CRE 7.122% 11/07/33 345397D67 $10,789.84 0.220 %
GENERAL ELECTRI 6.75% 03/15/32 36962GXZ2 $11,202.38 0.220 %
BARCLAYS PLC V/R 11/02/33 06738ECE3 $11,202.94 0.220 %
BARCLAYS PLC V/R 06/27/34 06738ECH6 $11,011.32 0.220 %
FORD MOTOR CRED 7.35% 03/06/30 345397C68 $10,853.00 0.220 %
GENERAL MOTORS 5.85% 04/06/30 37045XEG7 $10,297.96 0.210 %
ORACLE CORP 6.25% 11/09/32 68389XCJ2 $10,787.78 0.210 %
SOUTHERN CO GAS 5.75% 09/15/33 8426EPAG3 $10,505.26 0.210 %
ONEOK INC 6.05% 09/01/33 682680BL6 $10,578.96 0.210 %
GENERAL MOTORS 5.75% 02/08/31 37045XER3 $10,308.16 0.210 %
REGAL REXNORD CO 6.3% 02/15/30 758750AN3 $10,532.83 0.210 %
WILLIAMS COMPAN 5.65% 03/15/33 969457CJ7 $10,349.22 0.210 %
DEUTSCHE BANK NY V/R 02/10/34 251526CT4 $10,536.19 0.210 %
SOUTHERN CO 5.7% 03/15/34 842587DT1 $10,445.73 0.210 %
CHENIERE ENERGY 5.95% 06/30/33 16411QAQ4 $10,509.80 0.210 %
COREBRIDGE FINA 6.05% 09/15/33 21871XAQ2 $10,541.12 0.210 %
BOSTON PROPERTIE 6.5% 01/15/34 10112RBH6 $10,588.59 0.210 %
BANCO SANTANDE 6.921% 08/08/33 05964HAV7 $10,778.14 0.210 %
MICRON TECHNOL 5.875% 09/15/33 595112CB7 $10,525.61 0.210 %
ENERGY TRANSFER 5.75% 02/15/33 29273VAQ3 $10,335.72 0.210 %
PILGRIM'S PRIDE 6.25% 07/01/33 72147KAK4 $10,521.41 0.210 %
CELANESE US HOL 6.55% 11/15/30 15089QAX2 $10,568.34 0.210 %
BAT CAPITAL CO 6.343% 08/02/30 054989AA6 $10,771.97 0.210 %
GE HEALTHCARE 5.905% 11/22/32 36267VAK9 $10,478.40 0.210 %
DISCOVER FINANCI 6.7% 11/29/32 254709AS7 $10,633.50 0.210 %
INGERSOLL RAND I 5.7% 08/14/33 45687VAB2 $10,523.88 0.210 %
MICRON TECHNOLOG 5.3% 01/15/31 595112CD3 $10,299.67 0.210 %
FORD MOTOR COMPA 6.1% 08/19/32 345370DB3 $10,292.23 0.210 %
SYSCO CORPORATI 5.95% 04/01/30 871829BL0 $10,598.45 0.210 %
ENBRIDGE INC 5.7% 03/08/33 29250NBR5 $10,346.54 0.210 %
TAPESTRY INC 7.7% 11/27/30 876030AE7 $10,542.78 0.210 %
EXTRA SPACE STOR 5.9% 01/15/31 30225VAR8 $10,618.49 0.210 %
PACIFIC GAS & EL 6.4% 06/15/33 694308KM8 $10,496.88 0.210 %
GE HEALTHCARE 5.857% 03/15/30 36267VAH6 $10,488.06 0.210 %
CAPITAL ONE FINAN V/R 06/08/34 14040HDA0 $10,404.24 0.210 %
HP INC 5.5% 01/15/33 40434LAN5 $10,409.37 0.210 %
T-MOBILE USA IN 5.75% 01/15/34 87264ADC6 $10,659.41 0.210 %
NASDAQ INC 5.55% 02/15/34 63111XAJ0 $10,330.09 0.210 %
GENERAL MOTORS F 6.1% 01/07/34 37045XEP7 $10,545.12 0.210 %
FORD MOTOR CREDI 7.2% 06/10/30 345397D42 $10,601.85 0.210 %
CIGNA GROUP/THE 5.4% 03/15/33 125523CS7 $10,299.52 0.210 %
RTX CORP 6% 03/15/31 75513ECV1 $10,668.36 0.210 %
AUTOZONE INC 4.75% 02/01/33 053332BD3 $9,851.41 0.200 %
NORFOLK SOUTHER 5.05% 08/01/30 655844CR7 $10,228.50 0.200 %
GILEAD SCIENCES 5.25% 10/15/33 375558BZ5 $10,261.36 0.200 %
HCA INC 5.5% 06/01/33 404119CQ0 $10,054.54 0.200 %
ORACLE CORP 4.65% 05/06/30 68389XCN3 $9,920.66 0.200 %
GENERAL MOTORS 5.95% 04/04/34 37045XEV4 $10,240.67 0.200 %
NEXTERA ENERGY 5.25% 03/15/34 65339KCU2 $10,146.49 0.200 %
NORTHROP GRUMMAN 4.7% 03/15/33 666807CH3 $9,879.14 0.200 %
PARKER-HANNIFIN 4.5% 09/15/29 701094AS3 $9,909.88 0.200 %
AMERICAN ELECT 5.625% 03/01/33 025537AX9 $10,253.22 0.200 %
HEALTHPEAK OP L 5.25% 12/15/32 42250PAE3 $9,950.41 0.200 %
JBS USA HOLD/FO 5.75% 04/01/33 46590XAY2 $10,141.29 0.200 %
ELEVANCE HEALTH 4.75% 02/15/33 28622HAB7 $9,920.14 0.200 %
FIFTH THIRD BANCO V/R 07/28/30 316773DG2 $9,851.17 0.200 %
PRUDENTIAL FINANC V/R 09/01/52 744320BK7 $10,013.24 0.200 %
HCA INC 5.45% 04/01/31 404119CT4 $10,248.49 0.200 %
LOWE'S COS INC 4.5% 04/15/30 548661DU8 $9,833.93 0.200 %
SMURFIT KAPPA TR 5.2% 01/15/30 83272GAA9 $10,095.51 0.200 %
T-MOBILE USA INC 5.2% 01/15/33 87264ACV5 $10,234.76 0.200 %
GENERAL MILLS I 4.95% 03/29/33 370334CT9 $9,966.99 0.200 %
NXP BV/NXP FDG/NXP 5% 01/15/33 62954HBB3 $10,085.44 0.200 %
CVS HEALTH CORP 5.3% 06/01/33 126650DY3 $9,920.32 0.200 %
AON NORTH AMERI 5.45% 03/01/34 03740MAD2 $10,233.70 0.200 %
EXELON CORP 5.3% 03/15/33 30161NBK6 $10,175.05 0.200 %
L3HARRIS TECH IN 5.4% 07/31/33 502431AQ2 $10,284.18 0.200 %
MOTOROLA SOLUTIO 5.6% 06/01/32 620076BW8 $10,210.99 0.200 %
NEXTERA ENERGY CAP 5% 07/15/32 65339KCJ7 $10,050.97 0.200 %
VALE OVERSEAS 6.125% 06/12/33 91911TAR4 $10,147.61 0.200 %
JBS USA HOLD/FOO 5.5% 01/15/30 46590XAL0 $10,138.94 0.200 %
CLOROX COMPANY 4.6% 05/01/32 189054AZ2 $9,827.79 0.200 %
FAIRFAX FINL H 5.625% 08/16/32 303901BL5 $10,163.84 0.200 %
CVS HEALTH CORP 5.25% 01/30/31 126650DX5 $10,186.86 0.200 %
AUTOZONE INC 4.75% 08/01/32 053332BB7 $9,886.74 0.200 %
SOLVENTUM CORP 5.6% 03/23/34 83444MAG6 $10,160.00 0.200 %
GENERAL MOTORS C 5.6% 10/15/32 37045VAZ3 $10,220.20 0.200 %
NEXTERA ENERGY 5.05% 02/28/33 65339KCP3 $10,006.83 0.200 %
CROWN CASTLE INC 5.6% 06/01/29 22822VBD2 $10,184.76 0.200 %
KINDER MORGAN IN 5.2% 06/01/33 49456BAX9 $9,837.12 0.200 %
MPLX LP 4.95% 09/01/32 55336VBU3 $9,789.89 0.200 %
ORACLE CORP 4.9% 02/06/33 68389XCP8 $10,007.25 0.200 %
CAPITAL ONE FINAN V/R 05/10/33 14040HCT0 $9,809.88 0.200 %
FIDELITY NATL IN 5.1% 07/15/32 31620MBY1 $10,208.25 0.200 %
MORGAN STANLEY V/R 02/07/39 61747YFM2 $10,225.31 0.200 %
CNA FINANCIAL CO 5.5% 06/15/33 126117AX8 $10,090.03 0.200 %
AMGEN INC 5.25% 03/02/30 031162DQ0 $10,286.42 0.200 %
RTX CORP 5.15% 02/27/33 75513ECR0 $10,158.66 0.200 %
HUMANA INC 5.375% 04/15/31 444859CA8 $10,170.20 0.200 %
HCA INC 4.125% 06/15/29 404119BX6 $9,518.44 0.190 %
BROADCOM INC 4.15% 11/15/30 11135FAQ4 $9,548.49 0.190 %
AEP TEXAS INC 4.7% 05/15/32 00108WAP5 $9,566.39 0.190 %
KIMCO REALTY OP 4.6% 02/01/33 49446RBA6 $9,648.63 0.190 %
BARCLAYS PLC V/R 06/20/30 06738EBK0 $9,608.73 0.190 %
ONEOK INC 3.4% 09/01/29 682680AY9 $9,320.80 0.190 %
KINDER MORGAN IN 4.8% 02/01/33 49456BAV3 $9,750.05 0.190 %
DIGITAL REALTY T 3.6% 07/01/29 25389JAU0 $9,484.03 0.190 %
MCDONALD'S CORP 3.6% 07/01/30 58013MFQ2 $9,455.12 0.190 %
EXELON CORP 4.05% 04/15/30 30161NAX9 $9,532.02 0.190 %
MARRIOTT INTER 4.625% 06/15/30 571903BE2 $9,769.01 0.190 %
CHENIERE ENERGY 4.5% 10/01/29 16411QAG6 $9,665.20 0.190 %
MORGAN STANLEY V/R 04/20/37 61747YES0 $9,739.44 0.190 %
HASBRO INC 3.9% 11/19/29 418056AZ0 $9,317.98 0.190 %
HSBC HOLDINGS PLC V/R 03/29/33 404280DC0 $9,428.16 0.190 %
VERIZON COMMUNIC 4.5% 08/10/33 92343VEA8 $9,680.36 0.190 %
BROADCOM INC 4.15% 04/15/32 11135FBT7 $9,384.84 0.190 %
AMERICAN TOWER C 3.8% 08/15/29 03027XAW0 $9,486.85 0.190 %
FEDEX CORP 3.1% 08/05/29 31428XBV7 $9,291.84 0.190 %
M&T BANK CORPORAT V/R 01/27/34 55261FAR5 $9,526.98 0.190 %
AMERICAN WATER 4.45% 06/01/32 03040WBA2 $9,664.89 0.190 %
EVERSOURCE ENE 5.125% 05/15/33 30040WAU2 $9,763.61 0.190 %
BROADCOM INC 4.3% 11/15/32 11135FAS0 $9,494.46 0.190 %
WESTERN MIDSTRE 4.05% 02/01/30 958667AC1 $9,547.33 0.190 %
STARBUCKS CORP 3.55% 08/15/29 855244AT6 $9,531.72 0.190 %
KEY BANK NA 5% 01/26/33 49327M3H5 $9,473.23 0.190 %
XCEL ENERGY INC 4.6% 06/01/32 98388MAD9 $9,451.34 0.190 %
AT&T INC 4.3% 02/15/30 00206RGQ9 $9,782.33 0.190 %
PRUDENTIAL FINANC V/R 03/01/52 744320BJ0 $9,450.83 0.190 %
KEURIG DR PEPPE 4.05% 04/15/32 49271VAQ3 $9,465.78 0.190 %
AMGEN INC 4.05% 08/18/29 031162DH0 $9,758.88 0.190 %
FLEX LTD 4.875% 06/15/29 33938XAA3 $9,761.08 0.190 %
DUKE ENERGY CORP 4.5% 08/15/32 26441CBT1 $9,612.28 0.190 %
SOUTHERN CO 3.7% 04/30/30 842587DE4 $9,365.64 0.190 %
CARLISLE COS IN 2.75% 03/01/30 142339AJ9 $8,948.69 0.180 %
DOLLAR GENERAL C 3.5% 04/03/30 256677AG0 $9,262.72 0.180 %
MCDONALD'S COR 2.625% 09/01/29 58013MFJ8 $9,086.72 0.180 %
AIR LEASE CORP 3.125% 12/01/30 00914AAK8 $8,816.86 0.180 %
CANADIAN PACIFI 2.45% 12/02/31 13645RBF0 $9,196.30 0.180 %
BANK OF NOVA SCOT V/R 05/04/37 06417XAG6 $9,154.70 0.180 %
VERIZON COMMUNI 3.15% 03/22/30 92343VFE9 $9,138.96 0.180 %
QUANTA SERVICES 2.9% 10/01/30 74762EAF9 $8,939.15 0.180 %
WASTE CONNECTION 3.2% 06/01/32 94106BAE1 $8,816.59 0.180 %
WILLIS NORTH AM 2.95% 09/15/29 970648AJ0 $9,076.88 0.180 %
HCA INC 3.625% 03/15/32 404119CK3 $8,990.56 0.180 %
LOWE'S COS INC 3.75% 04/01/32 548661EH6 $9,255.72 0.180 %
DOMINION ENERG 3.375% 04/01/30 25746UDG1 $9,157.55 0.180 %
BECTON DICKINS 2.823% 05/20/30 075887CJ6 $8,906.93 0.180 %
EQUINIX INC 3.9% 04/15/32 29444UBU9 $9,239.48 0.180 %
WELLTOWER OP LL 3.85% 06/15/32 95040QAR5 $9,137.11 0.180 %
MONDELEZ INTERNATI 3% 03/17/32 609207BB0 $8,806.87 0.180 %
GLOBAL PAYMENTS 3.2% 08/15/29 37940XAB8 $9,132.82 0.180 %
KEYCORP V/R 06/01/33 49326EEN9 $9,216.04 0.180 %
DUKE ENERGY CORP 3.4% 06/15/29 26441CBE4 $9,279.79 0.180 %
ENTERGY CORP 2.8% 06/15/30 29364GAL7 $8,808.84 0.180 %
ONEOK INC 3.1% 03/15/30 682680BB8 $9,059.66 0.180 %
BOEING CO 3.625% 02/01/31 097023DC6 $8,949.05 0.180 %
NISOURCE INC 2.95% 09/01/29 65473PAH8 $9,130.60 0.180 %
NXP BV/NXP FDG/N 3.4% 05/01/30 62954HAY4 $9,173.88 0.180 %
CROWN CASTLE INC 3.3% 07/01/30 22822VAR2 $9,120.93 0.180 %
COREBRIDGE FINAN 3.9% 04/05/32 21871XAH2 $9,150.52 0.180 %
GLOBAL PAYMENTS 2.9% 05/15/30 37940XAD4 $8,796.59 0.180 %
AMGEN INC 2.45% 02/21/30 031162CU2 $8,858.11 0.180 %
BROADRIDGE FINAN 2.9% 12/01/29 11133TAD5 $8,962.96 0.180 %
PARAMOUNT GLOBA 4.95% 01/15/31 92556HAB3 $9,116.00 0.180 %
WORKDAY INC 3.8% 04/01/32 98138HAJ0 $9,146.55 0.180 %
NOMURA HOLDING 3.103% 01/16/30 65535HAQ2 $9,037.38 0.180 %
BOSTON PROPERTIE 3.4% 06/21/29 10112RBB9 $8,929.49 0.180 %
VALE OVERSEAS L 3.75% 07/08/30 91911TAQ6 $9,198.32 0.180 %
WELLTOWER OP LLC 3.1% 01/15/30 95040QAJ3 $9,156.11 0.180 %
PILGRIM'S PRIDE 4.25% 04/15/31 72147KAJ7 $9,211.07 0.180 %
OTIS WORLDWIDE 2.565% 02/15/30 68902VAK3 $8,914.39 0.180 %
EBAY INC 2.7% 03/11/30 278642AW3 $8,956.66 0.180 %
CENTENE CORP 3.375% 02/15/30 15135BAV3 $9,024.80 0.180 %
ESSEX PORTFOLIO LP 3% 01/15/30 29717PAU1 $9,057.93 0.180 %
ELEVANCE HEALT 2.875% 09/15/29 036752AL7 $9,111.60 0.180 %
HOST HOTELS & RE 3.5% 09/15/30 44107TAZ9 $9,015.78 0.180 %
BOSTON SCIENTIF 2.65% 06/01/30 101137BA4 $8,859.09 0.180 %
HALEON US CAPI 3.625% 03/24/32 36264FAM3 $9,139.26 0.180 %
BAXTER INTERNA 2.539% 02/01/32 071813CS6 $8,403.73 0.170 %
NATWEST GROUP PLC V/R 11/28/35 639057AB4 $8,470.65 0.170 %
CENTENE CORP 2.625% 08/01/31 15135BAZ4 $8,354.57 0.170 %
BANK OF MONTREAL V/R 01/10/37 06368DH72 $8,393.39 0.170 %
CIGNA GROUP/TH 2.375% 03/15/31 125523CM0 $8,542.81 0.170 %
GENERAL MOTORS F 2.7% 06/10/31 37045XDL7 $8,360.82 0.170 %
BAT CAPITAL CO 2.726% 03/25/31 05526DBS3 $8,600.00 0.170 %
STARBUCKS CORP 2.55% 11/15/30 855244AZ2 $8,696.63 0.170 %
SUN COMMUNITIES 2.7% 07/15/31 866677AE7 $8,466.27 0.170 %
CENTENE CORP 3% 10/15/30 15135BAW1 $8,676.43 0.170 %
NEWMONT CORP 2.25% 10/01/30 651639AY2 $8,629.48 0.170 %
BARCLAYS PLC V/R 11/24/32 06738EBV6 $8,374.04 0.170 %
AMERICAN TOWER C 2.1% 06/15/30 03027XBC3 $8,425.09 0.170 %
NXP BV/NXP FDG/ 2.65% 02/15/32 62954HAJ7 $8,495.97 0.170 %
NEXTERA ENERGY 2.25% 06/01/30 65339KBR0 $8,557.92 0.170 %
EQUINIX INC 2.15% 07/15/30 29444UBH8 $8,506.64 0.170 %
BROADCOM INC 3.419% 04/15/33 11135FBK6 $8,768.40 0.170 %
DEUTSCHE BANK NY V/R 01/07/33 25160PAG2 $8,475.89 0.170 %
BANCO SANTANDE 2.749% 12/03/30 05971KAG4 $8,385.60 0.170 %
BARCLAYS PLC V/R 06/24/31 06738EBM6 $8,665.08 0.170 %
BIOGEN INC 2.25% 05/01/30 09062XAH6 $8,595.10 0.170 %
BARCLAYS PLC V/R 03/10/32 06738EBR5 $8,447.87 0.170 %
DOW CHEMICAL CO/ 2.1% 11/15/30 260543DC4 $8,516.17 0.170 %
AUTODESK INC 2.4% 12/15/31 052769AH9 $8,364.94 0.170 %
STARBUCKS CORP 2.25% 03/12/30 855244AW9 $8,723.87 0.170 %
ROYALTY PHARMA P 2.2% 09/02/30 78081BAK9 $8,432.64 0.170 %
MOTOROLA SOLUTI 2.75% 05/24/31 620076BU2 $8,579.62 0.170 %
WILLIAMS COMPANI 2.6% 03/15/31 969457BY5 $8,588.96 0.170 %
MPLX LP 2.65% 08/15/30 55336VBQ2 $8,742.21 0.170 %
BOSTON PROPERTI 3.25% 01/30/31 10112RBD5 $8,670.02 0.170 %
HP INC 2.65% 06/17/31 40434LAJ4 $8,551.09 0.170 %
PACIFIC GAS & E 3.25% 06/01/31 694308JT5 $8,718.49 0.170 %
AMCOR FLEXIBLES 2.69% 05/25/31 02344AAA6 $8,519.00 0.170 %
PUBLIC SERVICE 2.45% 11/15/31 744573AU0 $8,366.92 0.170 %
BUNGE LTD FINAN 2.75% 05/14/31 120568BC3 $8,668.72 0.170 %
MICRON TECHNOL 2.703% 04/15/32 595112BS1 $8,428.38 0.170 %
LEIDOS INC 2.3% 02/15/31 52532XAH8 $8,400.27 0.170 %
VIATRIS INC 2.7% 06/22/30 92556VAD8 $8,670.51 0.170 %
ENSTAR GROUP LTD 3.1% 09/01/31 29359UAC3 $8,416.78 0.170 %
GENERAL MOTORS F 3.1% 01/12/32 37045XDS2 $8,648.42 0.170 %
RTX CORP 2.375% 03/15/32 75513ECN9 $8,336.00 0.170 %
JBS USA HOLD/FOOD/ 3% 05/15/32 46590XAP1 $8,310.81 0.170 %
CHENIERE ENERGY 3.25% 01/31/32 16411QAN1 $8,741.57 0.170 %
FORD MOTOR COMP 3.25% 02/12/32 345370DA5 $8,462.38 0.170 %
AMGEN INC 2.3% 02/25/31 031162CW8 $8,560.71 0.170 %
ARES CAPITAL COR 3.2% 11/15/31 04010LBC6 $8,389.70 0.170 %
PACIFIC GAS & EL 2.5% 02/01/31 694308JG3 $8,443.63 0.170 %
KINDER MORGAN INC 2% 02/15/31 49456BAR2 $8,347.63 0.170 %
BECTON DICKINS 1.957% 02/11/31 075887CL1 $8,332.63 0.170 %
EQUIFAX INC 2.35% 09/15/31 294429AT2 $8,350.90 0.170 %
FEDEX CORP 2.4% 05/15/31 31428XCD6 $8,535.30 0.170 %
AT&T INC 2.25% 02/01/32 00206RKH4 $8,279.27 0.160 %
BROADCOM INC 2.6% 02/15/33 11135FBF7 $8,272.49 0.160 %
T-MOBILE USA IN 2.25% 11/15/31 87264ABX2 $8,271.54 0.160 %
VERIZON COMMUNI 1.75% 01/20/31 92343VFR0 $8,229.89 0.160 %
AMGEN INC 2% 01/15/32 031162CZ1 $8,221.30 0.160 %
CROWN CASTLE INC 2.1% 04/01/31 22822VAW1 $8,225.63 0.160 %
LOWE'S COS INC 1.7% 10/15/30 548661DY0 $8,250.17 0.160 %
ROPER TECHNOLOG 1.75% 02/15/31 776743AL0 $8,187.98 0.160 %
VERIZON COMMUNI 1.68% 10/30/30 92343VFX7 $8,204.64 0.160 %
ALTRIA GROUP IN 2.45% 02/04/32 02209SBL6 $8,249.32 0.160 %
AMERICAN TOWER 1.875% 10/15/30 03027XBG4 $8,223.52 0.160 %
VMWARE LLC 2.2% 08/15/31 928563AL9 $8,247.32 0.160 %
ALEXANDRIA REA 1.875% 02/01/33 015271AV1 $7,691.20 0.150 %
KINDER MORGAN I 7.75% 01/15/32 28368EAE6 $5,873.70 0.120 %
OCCIDENTAL PET 8.875% 07/15/30 674599EA9 $5,984.10 0.120 %
TELEFONICA EURO 8.25% 09/15/30 879385AD4 $5,809.61 0.120 %
KONINKLIJKE KP 8.375% 10/01/30 780641AH9 $5,897.76 0.120 %
VALERO ENERGY CO 7.5% 04/15/32 91913YAE0 $5,785.04 0.120 %
VALE OVERSEA LTD 8.25% 1/17/34 91911TAE3 $6,050.05 0.120 %
TIME WARNER CA 8.375% 07/15/33 88731EAJ9 $5,783.12 0.120 %
FOX CORP 6.5% 10/13/33 35137LAN5 $5,346.97 0.110 %
GOLDMAN SACHS 6.345% 02/15/34 38143VAA7 $5,325.29 0.110 %
HESS CORP 7.3% 08/15/31 023551AJ3 $5,768.24 0.110 %
DOW CHEMICAL CO/ 6.3% 03/15/33 260543DG5 $5,424.80 0.110 %
SANTANDER HOLDING V/R 11/09/31 80282KBH8 $5,487.17 0.110 %
EDISON INTERNAT 6.95% 11/15/29 281020AW7 $5,369.77 0.110 %
LLOYDS BANKING GR V/R 11/15/33 539439AW9 $5,707.80 0.110 %
BOOZ ALLEN HAMI 5.95% 08/04/33 09951LAC7 $5,303.31 0.110 %
JM SMUCKER CO 6.2% 11/15/33 832696AX6 $5,331.01 0.110 %
DOW CHEMICAL C 7.375% 11/01/29 260543BJ1 $5,588.95 0.110 %
TAPESTRY INC 7.85% 11/27/33 876030AF4 $5,319.78 0.110 %
MICRON TECHNOLO 6.75% 11/01/29 595112BV4 $5,398.38 0.110 %
OCCIDENTAL PET 6.125% 01/01/31 674599EF8 $5,301.71 0.110 %
BANCO BILBAO VIZC V/R 11/15/34 05946KAN1 $5,547.83 0.110 %
TRIMBLE INC 6.1% 03/15/33 896239AE0 $5,313.31 0.110 %
MARVELL TECHNOL 5.95% 09/15/33 573874AQ7 $5,299.01 0.110 %
ALTRIA GROUP I 6.875% 11/01/33 02209SBR3 $5,500.84 0.110 %
RYDER SYSTEM INC 6.6% 12/01/33 78355HKY4 $5,426.00 0.110 %
PACIFIC GAS & E 6.95% 03/15/34 694308KP1 $5,553.64 0.110 %
MARATHON OIL COR 6.8% 03/15/32 565849AB2 $5,608.64 0.110 %
CELANESE US HOL 6.33% 07/15/29 15089QAN4 $5,303.99 0.110 %
TARGA RESOURCE 6.125% 03/15/33 87612GAC5 $5,272.46 0.110 %
NORDSON CORP 5.8% 09/15/33 655663AB8 $5,276.40 0.110 %
ARCELORMITTAL SA 6.8% 11/29/32 03938LBF0 $5,345.77 0.110 %
DELL INT LLC / 5.75% 02/01/33 24703DBL4 $5,289.32 0.110 %
DISCOVER FINANCIA V/R 11/02/34 254709AT5 $5,738.04 0.110 %
OVINTIV INC 6.25% 07/15/33 69047QAC6 $5,351.76 0.110 %
CELANESE US HO 6.379% 07/15/32 15089QAP9 $5,329.30 0.110 %
PACIFIC GAS & E 6.15% 01/15/33 694308KJ5 $5,290.71 0.110 %
CELANESE US HOLD 6.7% 11/15/33 15089QAY0 $5,348.17 0.110 %
PARAMOUNT GLOB 7.875% 07/30/30 925524AH3 $5,358.89 0.110 %
ATHENE HOLDING 6.15% 04/03/30 04686JAB7 $5,273.17 0.110 %
KELLANOVA 7.45% 04/01/31 487836AT5 $5,750.55 0.110 %
ATHENE HOLDING 5.875% 01/15/34 04686JAG6 $5,181.65 0.100 %
GATX CORP 4% 06/30/30 361448BF9 $4,773.70 0.100 %
FISERV INC 5.6% 03/02/33 337738BE7 $5,169.95 0.100 %
FORD MOTOR CRED 6.05% 03/05/31 345397E25 $5,136.20 0.100 %
BLUE OWL CREDIT 6.65% 03/15/31 69120VAZ4 $5,059.31 0.100 %
HEICO CORP 5.35% 08/01/33 422806AB5 $5,115.50 0.100 %
MCDONALD'S CORP 4.6% 09/09/32 58013MFS8 $4,950.06 0.100 %
REPUBLIC SERVICES 5% 04/01/34 760759BC3 $5,000.07 0.100 %
CHENIERE ENERGY 5.65% 04/15/34 16411RAL3 $5,109.36 0.100 %
CAMPBELL SOUP CO 5.4% 03/21/34 134429BP3 $5,095.30 0.100 %
VERALTO CORP 5.45% 09/18/33 92338CAE3 $5,116.60 0.100 %
STARBUCKS CORP 4.8% 02/15/33 855244BF5 $5,016.17 0.100 %
PHILLIPS 66 CO 5.25% 06/15/31 718547AU6 $5,026.14 0.100 %
ENBRIDGE INC 5.625% 04/05/34 29250NCC7 $5,107.31 0.100 %
KINDER MORGAN IN 5.4% 02/01/34 494553AE0 $5,072.99 0.100 %
PHILLIPS 66 CO 5.3% 06/30/33 718547AR3 $5,118.60 0.100 %
CITIZENS FINANCIA V/R 04/25/35 174610BG9 $5,237.10 0.100 %
BERRY GLOBAL IN 5.65% 01/15/34 08576PAP6 $5,075.14 0.100 %
CARDINAL HEALTH 5.45% 02/15/34 14149YBP2 $5,149.11 0.100 %
BELL CANADA 5.1% 05/11/33 0778FPAL3 $4,983.65 0.100 %
ENTERGY CORP V/R 12/01/54 29364GAQ6 $5,020.95 0.100 %
BELL CANADA 5.2% 02/15/34 0778FPAM1 $5,045.91 0.100 %
VMWARE INC 4.7% 05/15/30 928563AF2 $4,890.07 0.100 %
ZOETIS INC 5.6% 11/16/32 98978VAV5 $5,207.34 0.100 %
CONSTELLATION EN 5.8% 03/01/33 210385AC4 $5,248.09 0.100 %
NEXTERA ENERGY CA V/R 09/01/54 65339KCW8 $5,117.79 0.100 %
OMNICOM GROUP IN 4.2% 06/01/30 681919BC9 $4,808.85 0.100 %
BLACKSTONE PRIV 6.25% 01/25/31 09261HBF3 $5,139.36 0.100 %
CROWN CASTLE INC 5.1% 05/01/33 22822VBC4 $4,913.09 0.100 %
FIFTH THIRD BANCO V/R 01/29/32 316773DL1 $5,103.44 0.100 %
KEURIG DR PEPPER 5.3% 03/15/34 49271VAV2 $5,111.30 0.100 %
CROWN CASTLE INC 5.8% 03/01/34 22822VBE0 $5,207.98 0.100 %
TPG OPERATING 5.875% 03/05/34 872652AA0 $5,168.98 0.100 %
O'REILLY AUTOMOT 4.7% 06/15/32 67103HAL1 $4,877.06 0.100 %
AMERICAN TOWER 5.45% 02/15/34 03027XCH1 $5,089.02 0.100 %
CAPITAL ONE FINAN V/R 02/01/35 14040HDF9 $5,215.32 0.100 %
TRUIST FINANCIAL V/R 07/28/33 89788NAA8 $4,774.35 0.100 %
LOWE'S COS INC 5% 04/15/33 548661EL7 $5,009.61 0.100 %
PRUDENTIAL FINANC V/R 03/15/54 744320BP6 $5,137.92 0.100 %
AUTONATION INC 4.75% 06/01/30 05329WAQ5 $4,826.07 0.100 %
KEYCORP V/R 03/06/35 49326EEP4 $5,197.36 0.100 %
WASTE CONNECTIONS 5% 03/01/34 94106BAG6 $5,031.37 0.100 %
TRANSCANADA PIPE 4.1% 04/15/30 89352HBA6 $4,787.00 0.100 %
XCEL ENERGY INC 5.45% 08/15/33 98389BBA7 $5,069.93 0.100 %
BANCO BILBAO VIZC V/R 03/13/35 05946KAR2 $5,112.09 0.100 %
KEURIG DR PEPPER 5.2% 03/15/31 49271VAU4 $5,101.91 0.100 %
DOMINION ENERG 5.375% 11/15/32 25746UDR7 $5,032.17 0.100 %
LYB INT FINANC 5.625% 05/15/33 50249AAL7 $5,145.82 0.100 %
EASTMAN CHEMIC 5.625% 02/20/34 277432AY6 $5,120.98 0.100 %
DOLLAR GENERAL 5.45% 07/05/33 256677AP0 $5,146.55 0.100 %
ALLEGION US HO 5.411% 07/01/32 01748TAC5 $5,160.46 0.100 %
NATIONAL GRID 5.809% 06/12/33 636274AE2 $5,093.48 0.100 %
WILLIAMS COMPAN 5.15% 03/15/34 88339WAC0 $5,045.72 0.100 %
ARCELORMITTAL 4.25% 07/16/29 03938LBC7 $4,905.92 0.100 %
DOMINION ENERGY I V/R 02/01/55 25746UDT3 $5,123.63 0.100 %
ESSENTIAL UTIL 5.375% 01/15/34 29670GAH5 $5,093.25 0.100 %
NISOURCE INC 5.35% 04/01/34 65473PAQ8 $5,035.77 0.100 %
ARIZONA PUBLIC 5.55% 08/01/33 040555DG6 $5,132.32 0.100 %
WASTE CONNECTION 4.2% 01/15/33 94106BAF8 $4,783.97 0.100 %
ALLSTATE CORP 5.25% 03/30/33 020002BK6 $5,100.57 0.100 %
O'REILLY AUTOMOT 3.9% 06/01/29 67103HAH0 $4,780.92 0.100 %
TYSON FOODS INC 5.7% 03/15/34 902494BM4 $5,114.53 0.100 %
AMERICAN INTER 5.125% 03/27/33 026874DS3 $5,044.15 0.100 %
VENTAS REALTY L 4.75% 11/15/30 92277GAV9 $4,875.61 0.100 %
INTERPUBLIC GRO 4.75% 03/30/30 460690BR0 $4,966.04 0.100 %
NATIONAL GRID 5.418% 01/11/34 636274AF9 $5,064.46 0.100 %
BRIGHTHOUSE FI 5.625% 05/15/30 10922NAG8 $5,072.64 0.100 %
BLUE OWL FINANC 6.25% 04/18/34 09581JAM8 $5,115.53 0.100 %
BAT CAPITAL CORP 6% 02/20/34 05526DBZ7 $5,220.78 0.100 %
LKQ CORP 6.25% 06/15/33 501889AF6 $5,172.27 0.100 %
AGCO CORP 5.8% 03/21/34 001084AS1 $5,124.67 0.100 %
CONSTELLATION BR 4.9% 05/01/33 21036PBP2 $4,926.27 0.100 %
FREEPORT-MCMOR 4.625% 08/01/30 35671DCH6 $4,911.11 0.100 %
GLOBAL PAYMENTS 5.3% 08/15/29 37940XAN2 $5,092.68 0.100 %
ARROW ELECTRON 5.875% 04/10/34 04273WAE1 $5,071.02 0.100 %
ALBEMARLE CORP 5.05% 06/01/32 012653AE1 $4,860.79 0.100 %
ALEXANDRIA REAL 4.9% 12/15/30 015271AU3 $4,929.51 0.100 %
CF INDUSTRIES I 5.15% 03/15/34 12527GAF0 $4,921.86 0.100 %
NEWMONT / NEWCR 5.35% 03/15/34 65163LAP4 $5,134.05 0.100 %
JEFFERIES FIN GR 6.2% 04/14/34 47233WEJ4 $5,134.87 0.100 %
DIAMONDBACK ENER 5.4% 04/18/34 25278XAZ2 $5,057.70 0.100 %
DEVON ENERGY COR 4.5% 01/15/30 25179MBF9 $4,928.68 0.100 %
CONSTELLATION B 4.75% 05/09/32 21036PBL1 $4,885.93 0.100 %
FAIRFAX FINL H 4.625% 04/29/30 303901BF8 $4,826.31 0.100 %
MCDONALD'S CORP 5.2% 05/17/34 58013MFY5 $5,092.48 0.100 %
REPUBLIC SERVICES 5% 12/15/33 760759BH2 $4,941.17 0.100 %
EVERSOURCE ENERG 5.5% 01/01/34 30040WAX6 $5,087.39 0.100 %
MPLX LP 5% 03/01/33 55336VBV1 $4,896.09 0.100 %
MOODY'S CORPORA 4.25% 08/08/32 615369AZ8 $4,828.68 0.100 %
FMC CORP 5.65% 05/18/33 302491AX3 $4,984.92 0.100 %
XCEL ENERGY INC 5.5% 03/15/34 98389BBB5 $5,061.38 0.100 %
BAT CAPITAL CO 4.742% 03/16/32 05526DBW4 $4,853.41 0.100 %
FORTUNE BRANDS 5.875% 06/01/33 34964CAH9 $5,137.07 0.100 %
WESTINGHOUSE A 5.611% 03/11/34 960386AR1 $5,168.00 0.100 %
REGAL REXNORD C 6.4% 04/15/33 758750AP8 $5,240.46 0.100 %
LOWE'S COS INC 5.15% 07/01/33 548661EQ6 $5,145.61 0.100 %
COTERRA ENERGY I 5.6% 03/15/34 127097AL7 $5,125.34 0.100 %
CENTERPOINT ENER 5.4% 06/01/29 15189TBG1 $5,071.17 0.100 %
DELL INT LLC / E 5.4% 04/15/34 24703DBN0 $5,080.51 0.100 %
LYB INT FINANCE 5.5% 03/01/34 50249AAM5 $5,090.80 0.100 %
O'REILLY AUTOMOT 4.2% 04/01/30 67103HAJ6 $4,834.47 0.100 %
SEMPRA V/R 10/01/54 816851BS7 $5,071.51 0.100 %
TRANE TECH FIN 5.25% 03/03/33 892938AA9 $5,170.97 0.100 %
L3HARRIS TECH I 5.25% 06/01/31 502431AT6 $5,087.37 0.100 %
TRACTOR SUPPLY 5.25% 05/15/33 892356AB2 $5,038.28 0.100 %
BAT CAPITAL CO 4.906% 04/02/30 05526DBN4 $4,956.15 0.100 %
HUMANA INC 5.95% 03/15/34 444859BY7 $5,253.32 0.100 %
AMPHENOL CORP 4.35% 06/01/29 032095AH4 $4,884.70 0.100 %
SEMPRA 5.5% 08/01/33 816851BR9 $5,150.88 0.100 %
SMITH & NEPHEW P 5.4% 03/20/34 83192PAD0 $5,054.90 0.100 %
ONEOK INC 6.1% 11/15/32 682680BG7 $5,254.96 0.100 %
DOMINION ENERGY 5.25% 08/01/33 257469AJ5 $5,046.57 0.100 %
AMERICAN HOMES 4 5.5% 02/01/34 02666TAG2 $5,089.28 0.100 %
NOMURA HOLDING 5.605% 07/06/29 65535HBC2 $5,187.59 0.100 %
ROGERS COMMUNICA 5.3% 02/15/34 775109DF5 $5,055.13 0.100 %
HUMANA INC 4.875% 04/01/30 444859BN1 $4,990.86 0.100 %
KYNDRYL HOLDING 6.35% 02/20/34 50155QAN0 $5,234.64 0.100 %
DIAMONDBACK ENE 5.15% 01/30/30 25278XAY5 $5,045.68 0.100 %
LAS VEGAS SANDS CO 6% 08/15/29 517834AK3 $5,097.13 0.100 %
AMERICAN WATER 5.15% 03/01/34 03040WBD6 $5,087.91 0.100 %
LEIDOS INC 5.75% 03/15/33 52532XAJ4 $5,188.02 0.100 %
GENERAL MOTORS C 5.4% 10/15/29 37045VAY6 $5,050.51 0.100 %
AON CORP/AON GL 5.35% 02/28/33 03740LAG7 $5,098.82 0.100 %
CAPITAL ONE FINAN V/R 02/01/34 14040HCY9 $5,111.32 0.100 %
NATIONAL FUEL G 2.95% 03/01/31 636180BR1 $4,289.57 0.090 %
WILLIAMS COMPANI 3.5% 11/15/30 969457BX7 $4,575.43 0.090 %
KRAFT HEINZ FOO 3.75% 04/01/30 50077LAV8 $4,745.49 0.090 %
CHENIERE CORP CH 3.7% 11/15/29 16412XAJ4 $4,671.54 0.090 %
OMNICOM GROUP IN 2.6% 08/01/31 681919BD7 $4,314.70 0.090 %
CONSTELLATION 2.875% 05/01/30 21036PBF4 $4,451.29 0.090 %
CDW LLC/CDW FI 3.569% 12/01/31 12513GBJ7 $4,410.40 0.090 %
KROGER CO 2.2% 05/01/30 501044DP3 $4,296.32 0.090 %
ANGLOGOLD HOLDI 3.75% 10/01/30 03512TAE1 $4,425.17 0.090 %
NVR INC 3% 05/15/30 62944TAF2 $4,466.89 0.090 %
JABIL INC 3% 01/15/31 466313AK9 $4,371.64 0.090 %
STANLEY BLACK & 2.3% 03/15/30 854502AL5 $4,305.67 0.090 %
PARKER-HANNIFIN 3.25% 06/14/29 701094AN4 $4,626.58 0.090 %
GLP CAPITAL LP 3.25% 01/15/32 361841AR0 $4,300.24 0.090 %
FORTUNE BRANDS 3.25% 09/15/29 34964CAE6 $4,604.02 0.090 %
AMEREN CORP 3.5% 01/15/31 023608AJ1 $4,613.86 0.090 %
APTIV PLC / APT 3.25% 03/01/32 00217GAB9 $4,428.90 0.090 %
SOUTHWEST GAS C 4.05% 03/15/32 845011AE5 $4,635.05 0.090 %
BRIXMOR OPERATI 4.05% 07/01/30 11120VAJ2 $4,762.94 0.090 %
NOV INC 3.6% 12/01/29 637071AM3 $4,644.70 0.090 %
QUEST DIAGNOSTI 2.95% 06/30/30 74834LBB5 $4,537.55 0.090 %
BOARDWALK PIPELI 3.6% 09/01/32 096630AJ7 $4,408.54 0.090 %
NEWMONT / NEWCR 3.25% 05/13/30 65163LAA7 $4,559.59 0.090 %
HALLIBURTON CO 2.92% 03/01/30 406216BL4 $4,535.81 0.090 %
UDR INC 3% 08/15/31 90265EAR1 $4,423.13 0.090 %
ELEVANCE HEALTH 2.25% 05/15/30 036752AN3 $4,315.25 0.090 %
WEIBO CORP 3.375% 07/08/30 948596AE1 $4,488.60 0.090 %
REPUBLIC SERVICE 2.3% 03/01/30 760759AV2 $4,381.28 0.090 %
STEEL DYNAMICS 3.45% 04/15/30 858119BK5 $4,623.65 0.090 %
KIMCO REALTY OP 3.2% 04/01/32 49446RAZ2 $4,370.26 0.090 %
CENCORA INC 2.7% 03/15/31 03073EAT2 $4,345.74 0.090 %
FORD MOTOR CREDIT 4% 11/13/30 345397B36 $4,508.07 0.090 %
NORFOLK SOUTHERN C 3% 03/15/32 655844CM8 $4,387.30 0.090 %
SONOCO PRODUCTS 2.85% 02/01/32 835495AP7 $4,279.88 0.090 %
REINSURANCE GRP 3.15% 06/15/30 759351AP4 $4,473.06 0.090 %
EVERGY INC 2.9% 09/15/29 30034WAB2 $4,531.35 0.090 %
CVS HEALTH CORP 3.25% 08/15/29 126650DG2 $4,619.67 0.090 %
GENERAL MILLS 2.875% 04/15/30 370334CL6 $4,491.29 0.090 %
LINCOLN NATIONAL 3.4% 01/15/31 534187BK4 $4,520.95 0.090 %
CHENIERE ENERGY PA 4% 03/01/31 16411QAK7 $4,636.43 0.090 %
NOMURA HOLDING 2.999% 01/22/32 65535HBA6 $4,296.19 0.090 %
STERIS PLC 2.7% 03/15/31 85917PAA5 $4,336.94 0.090 %
INGREDION INC 2.9% 06/01/30 457187AC6 $4,439.18 0.090 %
LABORATORY CORP 2.95% 12/01/29 50540RAW2 $4,501.98 0.090 %
ALTRIA GROUP INC 3.4% 05/06/30 02209SBJ1 $4,568.20 0.090 %
TAKE-TWO INTERACTI 4% 04/14/32 874054AH2 $4,637.78 0.090 %
REGENCY CENTERS 3.7% 06/15/30 75884RBA0 $4,633.18 0.090 %
SANTANDER UK GROU V/R 03/15/32 80281LAP0 $4,291.15 0.090 %
DUKE ENERGY COR 2.45% 06/01/30 26441CBH7 $4,329.33 0.090 %
NEXTERA ENERGY 2.75% 11/01/29 65339KBM1 $4,483.27 0.090 %
VULCAN MATERIALS 3.5% 06/01/30 929160AZ2 $4,606.00 0.090 %
BIO-RAD LABS 3.7% 03/15/32 090572AQ1 $4,522.82 0.090 %
MARVELL TECHNOL 2.95% 04/15/31 573874AJ3 $4,373.08 0.090 %
AUTONATION INC 3.85% 03/01/32 05329RAA1 $4,536.22 0.090 %
ROPER TECHNOLOG 2.95% 09/15/29 776743AG1 $4,558.72 0.090 %
TELEDYNE TECHNO 2.75% 04/01/31 879360AE5 $4,343.24 0.090 %
DIAMONDBACK ENER 3.5% 12/01/29 25278XAN9 $4,644.42 0.090 %
SYSCO CORPORATIO 2.4% 02/15/30 871829BK2 $4,398.27 0.090 %
SUMITOMO MITSU 3.202% 09/17/29 86562MBS8 $4,599.88 0.090 %
AMGEN INC 3.35% 02/22/32 031162DE7 $4,533.35 0.090 %
EXPEDIA GROUP I 3.25% 02/15/30 30212PAR6 $4,587.25 0.090 %
PRUDENTIAL FINANC V/R 10/01/50 744320BH4 $4,366.94 0.090 %
EPR PROPERTIES 3.75% 08/15/29 26884UAF6 $4,558.47 0.090 %
FOX CORP 3.5% 04/08/30 35137LAL9 $4,613.76 0.090 %
AIR LEASE CORP 3.25% 10/01/29 00914AAE2 $4,581.84 0.090 %
DISCOVERY COMM 3.625% 05/15/30 25470DBJ7 $4,439.05 0.090 %
DEUTSCHE BANK NY V/R 09/18/31 251526CD9 $4,465.53 0.090 %
SHERWIN-WILLIAM 2.95% 08/15/29 824348BJ4 $4,585.75 0.090 %
STANLEY BLACK & DE 3% 05/15/32 854502AQ4 $4,317.43 0.090 %
MONDELEZ INTERN 2.75% 04/13/30 609207AT2 $4,479.16 0.090 %
OMEGA HLTHCARE 3.375% 02/01/31 681936BM1 $4,366.90 0.090 %
ELEVANCE HEALTH 2.55% 03/15/31 036752AP8 $4,329.48 0.090 %
NISOURCE INC 3.6% 05/01/30 65473PAJ4 $4,643.31 0.090 %
AMERICAN WATER C 2.8% 05/01/30 03040WAW5 $4,453.12 0.090 %
BROADRIDGE FINAN 2.6% 05/01/31 11133TAE3 $4,268.32 0.090 %
EQUINIX INC 3.2% 11/18/29 29444UBE5 $4,551.71 0.090 %
INVITATION HOME 4.15% 04/15/32 46188BAD4 $4,669.15 0.090 %
SANDS CHINA LTD 3.25% 08/08/31 80007RAS4 $4,290.91 0.090 %
NETAPP INC 2.7% 06/22/30 64110DAK0 $4,441.85 0.090 %
REVVITY INC 3.3% 09/15/29 714046AG4 $4,621.61 0.090 %
UNIVERSAL HEALT 2.65% 10/15/30 913903AW0 $4,314.02 0.090 %
LOWE'S COS INC 2.625% 04/01/31 548661EA1 $4,335.40 0.090 %
NOMURA HOLDING 2.679% 07/16/30 65535HAS8 $4,353.76 0.090 %
AVANGRID INC 3.8% 06/01/29 05351WAB9 $4,670.74 0.090 %
FIDELITY NATL FI 3.4% 06/15/30 31620RAJ4 $4,480.41 0.090 %
BARCLAYS PLC V/R 09/23/35 06738EBP9 $4,366.72 0.090 %
GLP CAPITAL LP / F 4% 01/15/31 361841AQ2 $4,605.14 0.090 %
CENCORA INC 2.8% 05/15/30 03073EAR6 $4,447.84 0.090 %
SANDS CHINA LT 4.375% 06/18/30 80007RAL9 $4,631.57 0.090 %
EAGLE MATERIALS 2.5% 07/01/31 26969PAB4 $4,293.39 0.090 %
DENTSPLY SIRONA 3.25% 06/01/30 24906PAA7 $4,431.40 0.090 %
QORVO INC 4.375% 10/15/29 74736KAH4 $4,734.92 0.090 %
AMPHENOL CORP 2.8% 02/15/30 032095AJ0 $4,529.22 0.090 %
TELUS CORP 3.4% 05/13/32 87971MBW2 $4,408.01 0.090 %
RELX CAPITAL INC 3% 05/22/30 74949LAD4 $4,520.44 0.090 %
HEALTHPEAK OP LLC 3% 01/15/30 42250PAA1 $4,532.22 0.090 %
BLOCK FINANCIA 3.875% 08/15/30 093662AH7 $4,664.50 0.090 %
DICK'S SPORTING 3.15% 01/15/32 253393AF9 $4,356.82 0.090 %
REPUBLIC SERVI 2.375% 03/15/33 760759BA7 $4,070.92 0.080 %
AMPHENOL CORP 2.2% 09/15/31 032095AL5 $4,176.10 0.080 %
TRACTOR SUPPLY 1.75% 11/01/30 892356AA4 $4,098.35 0.080 %
MCCORMICK & CO 1.85% 02/15/31 579780AS6 $4,141.16 0.080 %
SABRA HEALTH CAR 3.2% 12/01/31 78574MAA1 $4,186.84 0.080 %
DOLLAR TREE INC 2.65% 12/01/31 256746AJ7 $4,220.16 0.080 %
FLOWSERVE CORPOR 2.8% 01/15/32 34355JAB4 $4,224.11 0.080 %
TEXTRON INC 2.45% 03/15/31 883203CC3 $4,260.89 0.080 %
GENUINE PARTS C 2.75% 02/01/32 372460AC9 $4,256.35 0.080 %
STRYKER CORP 1.95% 06/15/30 863667AY7 $4,235.86 0.080 %
ALEXANDRIA REAL ES 2% 05/18/32 015271AW9 $3,967.66 0.080 %
CENOVUS ENERGY 2.65% 01/15/32 15135UAW9 $4,233.20 0.080 %
ENBRIDGE INC 2.5% 08/01/33 29250NBF1 $4,059.96 0.080 %
ZIMMER BIOMET HO 2.6% 11/24/31 98956PAV4 $4,218.85 0.080 %
IDEX CORP 2.625% 06/15/31 45167RAH7 $4,229.64 0.080 %
HEALTHCARE RLTY HL 2% 03/15/31 42225UAH7 $4,023.86 0.080 %
ZIONS BANCORP N 3.25% 10/29/29 98971DAB6 $4,220.20 0.080 %
ELECTRONIC ARTS 1.85% 02/15/31 285512AE9 $4,146.67 0.080 %
PHILLIPS 66 2.15% 12/15/30 718546AW4 $4,191.41 0.080 %
CAPITAL ONE FINAN V/R 11/02/32 14040HCJ2 $4,133.06 0.080 %
BROWN & BROWN 2.375% 03/15/31 115236AC5 $4,181.79 0.080 %
VONTIER CORP 2.95% 04/01/31 928881AF8 $4,227.74 0.080 %
SUZANO AUSTRIA 3.125% 01/15/32 86964WAK8 $4,120.50 0.080 %
ALLSTATE CORP 1.45% 12/15/30 020002BJ9 $4,009.85 0.080 %
BAXTER INTERNAT 1.73% 04/01/31 071813CB3 $4,024.92 0.080 %
SMITH & NEPHEW 2.032% 10/14/30 83192PAA6 $4,179.95 0.080 %
CI FINANCIAL COR 3.2% 12/17/30 125491AN0 $3,978.37 0.080 %
DOMINION ENERGY 2.25% 08/15/31 25746UDL0 $4,138.58 0.080 %
CITIZENS FINAN 2.638% 09/30/32 174610AW5 $3,900.54 0.080 %
REVVITY INC 2.25% 09/15/31 714046AN9 $4,158.32 0.080 %
VENTAS REALTY LP 2.5% 09/01/31 92277GAW7 $4,189.08 0.080 %
VERISIGN INC 2.7% 06/15/31 92343EAM4 $4,209.88 0.080 %
CONSTELLATION B 2.25% 08/01/31 21036PBH0 $4,194.06 0.080 %
NEWMONT CORP 2.6% 07/15/32 651639AZ9 $4,263.35 0.080 %
PARAMOUNT GLOBAL 4.2% 05/19/32 92556HAD9 $4,155.90 0.080 %
FIRST AMERICAN F 2.4% 08/15/31 31847RAH5 $4,066.37 0.080 %
REGENERON PHARM 1.75% 09/15/30 75886FAE7 $4,157.67 0.080 %
EXTRA SPACE STOR 2.4% 10/15/31 30225VAQ0 $4,169.04 0.080 %
INVITATION HOMES O 2% 08/15/31 46188BAA0 $4,054.45 0.080 %
WESTERN DIGITAL 3.1% 02/01/32 958102AR6 $4,125.81 0.080 %
AVERY DENNISON 2.25% 02/15/32 053611AM1 $4,165.04 0.080 %
EQUINIX INC 2.5% 05/15/31 29444UBS4 $4,234.56 0.080 %
JOHNSON CONTROL 1.75% 09/15/30 47837RAA8 $4,181.09 0.080 %
AES CORP/THE 2.45% 01/15/31 00130HCG8 $4,205.13 0.080 %
L3HARRIS TECH IN 1.8% 01/15/31 502431AN9 $4,118.85 0.080 %
AGILENT TECHNOLO 2.1% 06/04/30 00846UAM3 $4,244.68 0.080 %
MARTIN MARIETTA 2.4% 07/15/31 573284AW6 $4,248.83 0.080 %
SYNCHRONY FINA 2.875% 10/28/31 87165BAR4 $4,067.83 0.080 %
WRKCO INC 3% 06/15/33 92940PAG9 $4,255.67 0.080 %
JM SMUCKER CO 2.125% 03/15/32 832696AU2 $4,070.37 0.080 %
OMEGA HLTHCARE 3.25% 04/15/33 681936BN9 $4,103.18 0.080 %
HUMANA INC 2.15% 02/03/32 444859BR2 $4,069.05 0.080 %
AGILENT TECHNOLO 2.3% 03/12/31 00846UAN1 $4,241.89 0.080 %
SHERWIN-WILLIAMS 2.2% 03/15/32 824348BN5 $4,139.59 0.080 %
DUKE ENERGY COR 2.55% 06/15/31 26441CBL8 $4,228.15 0.080 %
FIDELITY NATL F 2.45% 03/15/31 31620RAK1 $4,152.84 0.080 %
TRITON CONTAINE 3.25% 03/15/32 89681LAA0 $4,186.43 0.080 %
MIZUHO FINANCI 2.564% 09/13/31 60687YBU2 $4,159.08 0.080 %
COPT DEFENSE PR 2.75% 04/15/31 22003BAM8 $4,207.52 0.080 %
VF CORP 2.95% 04/23/30 918204BC1 $4,168.54 0.080 %
ALEXANDRIA REAL 2.95% 03/15/34 015271AY5 $4,145.13 0.080 %
As of 06/18/2024 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)
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/