Pioneer Investments: Pioneer Strategic Income Fund


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Pioneer Strategic Income Fund

Monthly Portfolio Holdings as of 3/31/2015

Security Name Coupon Maturity Date Par / Shares Market Value($)
Seagate HDD Cayman, 4.75%, 6/1/23 4.75 06/01/2023 13,870,000 14,797,464
Government National Mortgage Association I, 4.0%, 9/15/44 4.0 09/15/2044 667,424 713,323
Government National Mortgage Association I, 6.0%, 11/15/18 6.0 11/15/2018 197,092 1,900
Monitronics International, Inc., Term B Loan (2013), 3/23/18 4.25 03/23/2018 7,484,750 7,502,294
Alkermes, Inc., 2019 Term Loan, 9/25/19 3.5 09/25/2019 1,834,250 1,838,836
Credit Agricole SA, Floating Rate Note, 12/31/64 (144A) 6.625 12/31/2064 18,500,000 18,573,486
Star West Generation LLC, Term B Advance, 3/13/20 4.25 03/13/2020 2,059,259 2,064,407
Indonesia Treasury Bond, 6.125%, 5/15/28 6.125 05/15/2028 26,365,000,000 1,819,807
HOA Funding LLC, 4.846%, 8/22/44 (144A) 4.846 08/22/2044 13,800,000 13,771,556
Bayview Opportunity Master Fund IIa Trust 2014-20NPL, Floating Rate Note, 8/28/44 (144A) 3.721 08/28/2044 4,150,000 3,222,073
Government National Mortgage Association I, 5.5%, 3/15/37 5.5 03/15/2037 2,000,000 192,850
Government National Mortgage Association I, 3.5%, 10/15/44 3.5 10/15/2044 1,060,699 1,113,209
Federal Home Loan Mortgage Corp., 6.0%, 8/1/34 6.0 08/01/2034 3,000,000 194,937
Government National Mortgage Association I, 6.0%, 3/15/33 6.0 03/15/2033 1,027,097 77,189
Spectrum Brands Canada, Inc., Initial Canadian Term Loan, 12/17/19 5.0153 12/17/2019 190,507 149,786
Government National Mortgage Association I, 6.0%, 9/15/19 6.0 09/15/2019 1,044,422 24,317
Getty Images, Inc., Initial Term Loan, 10/18/19 4.75 10/18/2019 4,773,698 4,037,355
Ally Financial, Inc., 7.0% (Perpetual) (144A) 7.0 12/31/2049 7,978 8,188,669
Government National Mortgage Association II, 6.0%, 5/20/32 6.0 05/20/2032 3,000,000 88,294
Ironshore Holdings US, Inc., 8.5%, 5/15/20 (144A) 8.5 05/15/2020 6,850,000 8,538,320
Eden Re II, Ltd., 0.0%, 4/19/18 (Cat Bond) (144A) 0.0 04/19/2018 7,200,000 7,254,000
Endo Finance LLC, 6.0%, 2/1/25 (144A) 6.0 02/01/2025 1,975,000 2,055,317
Bway Holding Co 1st Lien Tl-B L + 4.5% 08aug20 5.5 08/08/2020 1,151,300 1,162,093
Madison Avenue Manufactured Housing Contract Trust 2002-A, Floating Rate Note, 3/25/32 2.4238 03/25/2032 7,961,000 2,011,724
Fannie Mae, 4.5%, 11/1/43 4.5 11/01/2043 1,435,575 1,429,295
Sequoia Mortgage Trust, Floating Rate Note, 9/25/42 3.0 09/25/2042 3,930,000 2,199,630
Kleopatra Acquisition Corp., Term B-1 Loan, 12/21/16 4.75 12/21/2016 1,262,503 1,270,656
Dycom Investments, Inc., 7.125%, 1/15/21 7.125 01/15/2021 3,500,000 3,718,896
Mid-State Capital Trust 2010-1, 7.0%, 12/15/45 (144A) 7.0 12/15/2045 3,050,000 2,377,483
Government National Mortgage Association I, 6.0%, 1/15/34 6.0 01/15/2034 1,135,007 67,138
Fannie Mae, 5.5%, 3/1/36 5.5 03/01/2036 900,090 109,479
Structured Asset Securities Corp Mor Cer Ser 2003-31A, Floating Rate Note, 10/25/33 2.5167 10/25/2033 28,400,000 2,956,253
Fannie Mae, 4.0%, 5/13/15 4.0 05/13/2015 22,755,000 24,321,301
Fannie Mae, 5.0%, 5/1/38 5.0 05/01/2038 9,123,173 837,643
Lehman Brothers Small Balance Commercial Mortgage Trust 2007-3, Floating Rate Note, 10/25/37 (144A) 1.1238 10/25/2037 4,690,000 1,063,978
Commercial Vehicle Group, Inc., 7.875%, 4/15/19 7.875 04/15/2019 1,125,000 1,208,039
Fannie Mae, 5.0%, 6/1/22 5.0 06/01/2022 639,720 36,364
Nordion 1st Lien Tl-B L + 3.5% 30jul21 4.5 07/30/2021 1,940,250 1,941,463
European Investment Bank, 7.2%, 7/9/19 (144A) 7.2 07/09/2019 105,700,000,000 8,247,370
Fannie Mae, 5.0%, 4/1/22 5.0 04/01/2022 327,117 13,975
Wyle 1st Lien Tl-B L + 4% 22may21 5.0 05/22/2021 1,262,958 1,264,143
Tasc Inc/Va 1st Lien Tl-B L + 5.5% 12may20 7.0 05/12/2020 4,035,435 4,106,055
Government National Mortgage Association I, 4.0%, 7/15/41 4.0 07/15/2041 66,145 34,401
Government National Mortgage Association I, 4.0%, 12/15/44 4.0 12/15/2044 747,832 802,816
Fannie Mae, 4.0%, 8/1/43 4.0 08/01/2043 4,563,130 4,643,422
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5, 4.1712%, 8/17/46 4.1712 08/17/2046 5,200,000 5,778,115
CS Intermediate Holdco 2 LLC, Term Loan, 3/28/21 4.0 03/28/2021 3,914,244 3,910,819
Atlantic Power LP, Term Loan, 2/20/21 4.75 02/20/2021 3,938,542 3,963,158
CEVA GROUP Plc, 0.0%, 12/31/14 0.0 06/30/2015 2,313 1,677,251
JLL, Initial Dollar Term Loan, 1/23/21 4.2531 01/23/2021 2,447,700 2,440,051
Bank of America Corp., 7.75%, 5/14/38 7.75 05/14/2038 8,000,000 11,756,504
Fly Leasing, Ltd., 6.75%, 12/15/20 6.75 12/15/2020 4,183,000 4,355,026
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 11/25/33 2.5836 11/25/2033 40,000,000 2,002,789
Lehman ABS Manufactured Housing Contract Trust 2001-B, 5.873%, 5/15/41 5.873 05/15/2041 5,950,000 780,849
Activision Blizzard, Inc., 5.625%, 9/15/21 (144A) 5.625 09/15/2021 6,015,000 6,421,013
Government National Mortgage Association I, 4.0%, 7/15/41 4.0 07/15/2041 42,737 22,237
TerraForm Power Operating LLC, 5.875%, 2/1/23 (144A) 5.875 02/01/2023 4,130,000 4,327,337
Government National Mortgage Association I, 4.0%, 6/15/41 4.0 06/15/2041 15,464,981 7,418,004
Viasystems, Inc., 7.875%, 5/1/19 (144A) 7.875 05/01/2019 6,375,000 6,918,867
BioMed Realty LP, 4.25%, 7/15/22 4.25 07/15/2022 3,865,000 4,071,639
Pinnacle Entertainment, Inc., Tranche B-2 Term Loan, 8/13/20 3.75 08/13/2020 4,748,815 4,755,245
Service Corp International United States, 8.0%, 11/15/21 8.0 11/15/2021 3,322,000 4,020,358
Sequoia Mortgage Trust 2013-8, Floating Rate Note, 6/25/43 2.25 06/25/2043 3,748,000 3,076,895
Emdeon, Inc., Term B-2 Loan, 11/2/18 3.75 11/02/2018 2,986,722 2,996,056
Sanchez Energy Corp., 7.75%, 6/15/21 7.75 06/15/2021 1,825,000 1,811,895
Crown Castle Towers LLC, 4.883%, 8/15/20 (144A) 4.883 08/15/2020 6,850,000 7,536,269
Government National Mortgage Association I, 4.0%, 12/15/40 4.0 12/15/2040 45,640 23,434
Silverton RE, Ltd., 0.0%, 9/18/17 (Cat Bond) (144A) 0.0 09/18/2017 4,500,000 4,732,200
Fannie Mae, 4.5%, 12/1/41 4.5 12/01/2041 6,923,896 3,807,657
Fixed Income Trust Series 2013-A, 0.0%, 10/15/97 (Step) (144A) 0.0   6,250,000 4,592,390
CubeSmart LP, 4.8%, 7/15/22 4.8 07/15/2022 3,205,000 3,572,813
Government National Mortgage Association I, 6.0%, 5/15/33 6.0 05/15/2033 10,057,421 530,371
Banc of America Alternative Loan Trust 2003-2, 5.75%, 4/25/33 5.75 04/25/2033 30,900,000 3,151,577
Sequoia Mortgage Trust 2013-9, 3.5%, 7/25/43 (144A) 3.5 07/25/2043 4,856,000 4,371,539
Continental Airlines 2012-3 Class C Pass Thru Certificates, 6.125%, 4/29/18 (144A) 6.125 04/29/2018 200,000 216,172
Cinedigm Digital Funding I LLC, Term Loan, 2/28/18 3.75 02/28/2018 1,721,100 1,727,555
Cincinnati Bell, Inc., 8.375%, 10/15/20 8.375 10/15/2020 7,371,000 8,125,555
Aviation Capital Group Corp., 4.625%, 1/31/18 (144A) 4.625 01/31/2018 3,200,000 3,363,203
Alternative Loan Trust 2003-21T1, 5.75%, 12/25/33 5.75 12/25/2033 14,250,000 5,599,368
Fannie Mae, 6.5%, 7/1/31 6.5 07/01/2031 125,419 853
Federal Home Loan Mortgage Corp., 5.0%, 11/1/34 5.0 11/01/2034 750,000 77,757
Red de Carreteras de Occidente SAPIB de CV, 9.0%, 6/10/28 (144A) 9.0 06/10/2028 87,500,000 5,654,735
Six Flags Theme Parks, Inc., Tranche B Term Loan, 12/20/18 3.5007 12/20/2018 1,060,216 1,066,401
Banco Internacional del Peru SAA, 5.75%, 10/7/20 (144A) 5.75 10/07/2020 6,843,000 7,666,156
FREMF Mortgage Trust 2010-K8, Floating Rate Note, 9/25/43 (144A) 5.239 09/25/2043 1,980,000 2,237,001
Fannie Mae, 5.0%, 7/1/35 5.0 07/01/2035 17,501,965 1,737,592
Calumet Specialty Products Partners LP, 6.5%, 4/15/21 (144A) 6.5 04/15/2021 7,455,000 7,454,793
ACCELLENT INC, Initial Term Loan (First Lien), 2/21/21 4.5 02/21/2021 500,000 497,422
Fannie Mae, 3.5%, 4/1/29 3.5 04/01/2029 7,000,000 6,571,249
Allison Transmission, Inc., Term B-3 Loan, 8/23/19 3.5 08/23/2019 2,934,611 2,939,503
Fannie Mae, 5.5%, 5/1/33 5.5 05/01/2033 750,000 50,688
Government National Mortgage Association I, 6.5%, 5/15/32 6.5 05/15/2032 1,000,000 31,163
Federal Home Loan Mortgage Corp., 3.5%, 10/1/40 3.5 10/01/2040 6,700,000 3,241,374
Fannie Mae, 6.5%, 6/1/31 6.5 06/01/2031 25,095 355
Federal Home Loan Mortgage Corp., 6.0%, 3/1/33 6.0 03/01/2033 500,470 18,402
DynCorp International, Inc., 10.375%, 7/1/17 10.375 07/01/2017 1,025,000 923,461
WireCo WorldGroup, Inc., 9.5%, 5/15/17 9.5 05/15/2017 3,500,000 3,266,861
Transportadora de Gas del Peru SA, 4.25%, 4/30/28 (144A) 4.25 04/30/2028 6,200,000 6,277,664
Government National Mortgage Association I, 4.5%, 9/15/33 4.5 09/15/2033 2,256,215 330,053
RAMP Series 2004-RS1 Trust, 5.165%, 1/25/34 (Step) 5.165 01/25/2034 2,204,000 1,001,677
Sequoia Mortgage Trust 2013-5, Floating Rate Note, 5/25/43 (144A) 3.5326 05/25/2043 5,370,000 5,062,593
First Investors Auto Owner Trust 2013-2, 1.23%, 3/15/19 (144A) 1.23 03/15/2019 1,000,000 415,277
Banc of America Alternative Loan Trust 2004-4, 5.25%, 5/25/19 5.25 05/25/2019 17,500,000 1,708,836
Mythen Re, Ltd. Series 2013-1 Class B, Floating Rate Note, 7/9/15 (Cat Bond) (144A) 8.02 07/09/2015 6,250,000 6,450,764
Government National Mortgage Association I, 4.0%, 11/15/42 4.0 11/15/2042 51,024 23,913
Ziggo Bv Us 1st Lien Tl-B1 L + 2.75% 15jan22 3.5 01/15/2022 2,588,511 2,574,760
Lehman Brothers Small Balance Commercial, Floating Rate Note, 9/25/30 (144A) 0.4238 09/25/2030 11,903,557 1,840,835
Banco de Credito del Peru Panama, Floating Rate Note, 9/16/26 (144A) 6.875 09/16/2026 10,210,000 11,553,785
American Energy - Utica LLC, 3.5%, 3/1/21 (144A) (PIK) 3.5 03/01/2021 4,620,000 2,277,275
CNO Financial Group, Inc., 6.375%, 10/1/20 (144A) 6.375 10/01/2020 125,000 135,859
Transnet SOC, Ltd., 4.0%, 7/26/22 (144A) 4.0 07/26/2022 2,050,000 2,009,907
Alliance One International, Inc., 9.875%, 7/15/21 9.875 07/15/2021 10,630,000 9,576,006
Marfrig Holding Europe BV, 8.375%, 5/9/18 (144A) 8.375 05/09/2018 4,150,000 4,058,844
Government National Mortgage Association I, 5.5%, 1/15/34 5.5 01/15/2034 3,238,092 292,722
Fannie Mae, 6.5%, 8/1/32 6.5 08/01/2032 340,598 3,866
Government National Mortgage Association I, 4.0%, 5/15/43 4.0 05/15/2043 514,545 413,061
Fannie Mae, 4.0%, 10/1/43 4.0 10/01/2043 6,376,304 5,960,273
Citigroup Mortgage Loan Trust, Inc., 5.5%, 9/25/34 5.5 09/25/2034 18,566,000 4,588,110
New Residential Mortgage Loan Trust 2014-1, Floating Rate Note, 1/25/54 (144A) 3.75 01/25/2054 13,750,000 11,895,104
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/32 5.5 07/01/2032 4,550,000 6,329,460
Federal Home Loan Mortgage Corp., 4.5%, 9/1/43 4.5 09/01/2043 147,265 133,198
Government National Mortgage Association I, 4.5%, 12/15/34 4.5 12/15/2034 326,420 37,858
Virgin Media Investment Holdings, Ltd., B Facility, 6/8/20 3.5 06/08/2020 21,635,227 21,636,720
Carrington Mortgage Loan Trust Series 2005-NC4, Floating Rate Note, 9/25/35 0.5738 09/25/2035 1,025,000 107,583
State of Washington, 3.0%, 7/1/28 3.0 07/01/2028 2,550,000 2,601,128
Massachusetts Development Finance Agency, 5.25%, 4/1/37 5.25 04/01/2037 6,550,000 7,744,458
Expert Global Solutions, Inc., Term B Advance (First Lien), 4/3/18 8.5 04/03/2018 4,427,459 4,431,612
Government National Mortgage Association I, 6.0%, 3/15/33 6.0 03/15/2033 300,000 16,283
Federal Home Loan Mortgage Corp., 5.0%, 12/1/34 5.0 12/01/2034 4,668,054 377,050
Government National Mortgage Association I, 6.5%, 7/15/35 6.5 07/15/2035 161,566 33,833
Cemex SAB de CV, Floating Rate Note, 9/30/15 (144A) 5.2731 09/30/2015 4,700,000 4,724,407
Wells Fargo Commercial Mortgage Trust 2012-LC5, Floating Rate Note, 10/17/45 4.693 10/17/2045 1,775,000 1,919,669
Grupo Bimbo SAB de CV, 3.875%, 6/27/24 (144A) 3.875 06/27/2024 9,641,000 9,990,757
Inter-American Development Bank, 6.0%, 9/5/17 6.0 09/05/2017 208,750,000 3,451,307
Fannie Mae, 5.0%, 9/1/43 5.0 09/01/2043 35,004,024 25,271,117
Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A) 4.1512 04/30/2018 1,300,000 1,320,085
Government National Mortgage Association I, 5.5%, 10/15/34 5.5 10/15/2034 2,500,000 332,520
GS Mortgage Securities Corp II, 3.682%, 2/12/46 (144A) 3.682 02/12/2046 4,500,000 4,675,808
Government National Mortgage Association I, 4.0%, 6/15/41 4.0 06/15/2041 48,151 21,460
Conseco Financial Corp., Floating Rate Note, 12/1/28 6.24 12/01/2028 4,121,000 191,938
State Street Corp., Floating Rate Note, 12/31/73 5.9 12/31/2073 236,600 6,456,814
Euronet Worldwide, Inc., 1.5%, 10/1/44 (144A) 1.5 10/01/2044 3,050,000 3,318,273
Government National Mortgage Association I, 4.0%, 8/15/41 4.0 08/15/2041 25,000 3,943
Russian Federal Bond - OFZ, 7.0%, 8/16/23 7.0 08/16/2023 1,335,681,000 17,455,950
Beacon Container Finance LLC, 3.72%, 9/20/27 (144A) 3.72 09/20/2027 1,550,000 1,192,097
NRP Mortgage Trust 2013-1, Floating Rate Note, 7/25/43 (144A) 3.25 07/25/2043 11,115,000 10,348,621
Rent-A-Center, Inc., 6.625%, 11/15/20 6.625 11/15/2020 1,995,000 1,925,230
Government National Mortgage Association I, 4.0%, 5/15/44 4.0 05/15/2044 362,947 266,487
UBS AG, 7.625%, 8/17/22 7.625 08/17/2022 16,775,000 20,502,345
Government National Mortgage Association I, 4.0%, 11/15/40 4.0 11/15/2040 42,850 25,154
Sequoia Mortgage Trust 2013-8, Floating Rate Note, 6/25/43 3.0 06/25/2043 4,155,000 3,648,460
Fannie Mae, 5.0%, 7/1/39 5.0 07/01/2039 17,025,069 1,718,079
Lion I Re, Ltd., Floating Rate Note, 4/28/17 (Cat Bond) 2.36 04/28/2017 1,300,000 1,412,663
Government National Mortgage Association I, 7.0%, 6/15/31 7.0 06/15/2031 245,234 474
President and Fellows of Harvard College, 2.3%, 10/1/23 2.3 10/01/2023 5,600,000 5,577,746
Ally Financial, Inc., 4.625%, 3/30/25 4.625 03/30/2025 1,750,000 1,723,975
DaVita HealthCare Partners, Inc., Tranche B Term Loan, 6/19/21 3.5 06/19/2021 5,890,801 5,912,367
Bear Stearns ARM Trust 2003-5, Floating Rate Note, 8/25/33 2.3448 08/25/2033 12,112,000 903,207
Kane Flt% 14jul15 0.0 07/14/2015 3,056,160 3,007,873
Government National Mortgage Association I, 6.0%, 9/15/33 6.0 09/15/2033 2,000,000 126,556
International Paper Co., 6.0%, 11/15/41 6.0 11/15/2041 10,035,000 12,138,654
Government National Mortgage Association I, 5.5%, 2/15/37 5.5 02/15/2037 172 23
Government National Mortgage Association I, 4.0%, 3/15/44 4.0 03/15/2044 16,960,100 14,068,971
Domino's Pizza Master Issuer LLC, 5.216%, 1/27/42 (144A) 5.216 01/27/2042 14,228,000 14,426,213
Equinix, Inc., 5.75%, 1/1/25 5.75 01/01/2025 6,275,000 6,672,983
Frontier Communications Corp., 8.75%, 4/15/22 8.75 04/15/2022 10,355,000 11,911,845
Controladora Mabe SA de CV, 7.875%, 10/28/19 (144A) 7.875 10/28/2019 9,539,000 11,123,130
VOLT XXIV LLC, 3.25%, 11/25/53 (Step) 3.25 11/25/2053 6,000,000 0
inVentiv Health, Inc., Term B-3 Loan, 5/15/18 7.75 05/15/2018 383,644 383,963
Alliance HealthCare Services, Inc., Initial Term Loan, 6/3/19 4.25 06/03/2019 3,350,343 3,344,061
Caelus Re 2013, Ltd., Floating Rate Note, 4/7/20 (Cat Bond) (144A) 6.8703 04/07/2020 5,300,000 5,561,371
Desarrolladora Homex SAB de CV, 0.0%, 12/11/19 (144A) 0.0 12/11/2019 3,140,000 876,461
Denbury Resources, Inc., 5.5%, 5/1/22 5.5 05/01/2022 4,965,000 4,569,869
Government National Mortgage Association I, 5.5%, 3/15/17 5.5 03/15/2017 251,260 11,337
Fannie Mae, 4.5%, 9/1/43 4.5 09/01/2043 17,709,372 13,859,416
Fannie Mae, 4.0%, 2/1/42 4.0 02/01/2042 5,800,000 3,002,605
LDK Solar Co, Ltd. (A.D.R.)     136,114 20,417
AmeriCredit Automobile Receivables Trust 2013-1, 1.57%, 1/8/19 1.57 01/08/2019 3,350,000 3,352,432
Verizon Communications, Inc., 5.012%, 8/21/54 5.012 08/21/2054 9,215,000 9,612,709
Capital Auto Receivables Asset Trust 2013-1, 2.19%, 9/20/21 2.19 09/20/2021 3,165,000 3,174,011
Fannie Mae, 5.0%, 5/1/41 5.0 05/01/2041 2,252,877 891,399
Lehman Brothers Small Balance Commercial, Floating Rate Note, 2/25/30 (144A) 0.4238 02/25/2030 34,198,591 4,461,304
Federal Home Loan Mortgage Corp., 6.0%, 1/1/34 6.0 01/01/2034 1,000,000 103,409
Rentech Nitrogen Partners LP, 6.5%, 4/15/21 (144A) 6.5 04/15/2021 1,375,000 1,374,962
Telenet Finance III Luxembourg SCA, 6.625%, 2/15/21 (144A) 6.625 02/15/2021 2,625,000 3,017,326
Arcelik AS, 5.0%, 4/3/23 (144A) 5.0 04/03/2023 8,100,000 7,931,700
Government National Mortgage Association I, 4.0%, 3/15/44 4.0 03/15/2044 10,452,106 8,198,342
JP Morgan Chase Commercial Mortgage Securities Trust 2014-FL5, Floating Rate Note, 7/15/31 (144A) 1.525 07/15/2031 4,800,000 4,789,631
Fannie Mae, 4.5%, 9/1/41 4.5 09/01/2041 2,700,000 1,209,267
Kindred Healthcare 1st Lien Tl-B L + 3% 10apr21 4.25 04/10/2021 8,639,021 8,691,218
TD Ameritrade Holding Corp., 3.625%, 4/1/25 3.625 04/01/2025 13,475,000 14,323,001
Hologic, Inc., 2.0%, 3/1/42 (Step) 2.0 03/01/2042 9,435,000 11,697,434
Government National Mortgage Association I, 4.0%, 8/15/44 4.0 08/15/2044 368,090 392,356
Government National Mortgage Association I, 4.0%, 4/15/44 4.0 04/15/2044 2,076,178 1,998,983
Sector Re V, Ltd., 0.0%, 12/1/19 (Cat Bond) (144A) 0.0 12/01/2019 2,900,000 2,970,470
Inversiones CMPC SA, 4.5%, 4/25/22 (144A) 4.5 04/25/2022 8,625,000 9,061,011
Vedanta Resources Jersey, Ltd., 5.5%, 7/13/16 5.5 07/13/2016 11,800,000 11,409,617
Queen Street V Re, Ltd., Floating Rate Note, 4/9/15 (Cat Bond) (144A) 8.5 04/09/2015 3,400,000 3,472,118
Verint Systems, Inc., Tranche B Incremental Term Loan, 9/6/19 3.5 09/06/2019 4,034,508 4,037,030
JP Morgan Mortgage Trust 2013-2, Floating Rate Note, 5/25/43 (144A) 3.5 05/25/2043 8,923,000 7,052,857
FREMF Mortgage Trust 2011-K11 REMICS, Floating Rate Note, 12/25/48 (144A) 4.4215 12/25/2048 3,300,000 3,596,792
LDK Solar Co, Ltd., 5.535%, 12/31/18 (PIK) 5.535 12/31/2018 1,942,800 31,065
Merrill Lynch Mortgage Investors Trust Series 2005-2, Floating Rate Note, 10/25/35 2.35 10/25/2035 4,594,419 1,091,196
Residential Reinsurance 2013, Ltd., Floating Rate Note, 12/6/17 (Cat Bond) (144A) 5.2956 12/06/2017 250,000 251,523
Intesa Sanpaolo S.p.A., 6.5%, 2/24/21 (144A) 6.5 02/24/2021 3,925,000 4,688,191
Union Andina de Cementos SAA, 5.875%, 10/30/21 (144A) 5.875 10/30/2021 4,250,000 4,401,480
VOLT XIX LLC, 3.875%, 4/26/55 (Step) 3.875 04/26/2055 5,300,000 4,402,231
Liberty Mutual Insurance Co., 8.5%, 5/15/25 (144A) 8.5 05/15/2025 3,800,000 5,030,931
PSPC Escrow Corp., 6.0%, 2/1/23 (144A) 6.0 02/01/2023 1,045,000 1,184,596
Cpi International Inc 1st Lien Tl-B L + 3.25% 31mar21 4.25 03/31/2021 1,485,000 1,488,713
NCR Corp., 6.375%, 12/15/23 6.375 12/15/2023 5,595,000 6,063,698
Fannie Mae, 5.5%, 3/1/21 5.5 03/01/2021 5,000,000 556,636
CEVA GROUP Plc     1,069 774,808
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 6.75 12/31/2049 12,992,000 14,594,932
Eaton Vance Corp., 6.5%, 10/2/17 6.5 10/02/2017 19,000 21,816
Government National Mortgage Association I, 5.5%, 4/15/33 5.5 04/15/2033 184,273 6,749
Government National Mortgage Association I, 7.0%, 5/15/29 7.0 05/15/2029 55,127 538
First Investors Auto Owner Trust 2013-1, 2.02%, 1/15/19 (144A) 2.02 01/15/2019 500,000 499,957
Rosneft Finance SA, 6.625%, 3/20/17 (144A) 6.625 03/20/2017 1,395,000 1,397,824
RCMC LLC, 5.62346%, 12/17/18 (144A) 5.6235 12/17/2018 2,512,000 1,200,637
Government National Mortgage Association I, 5.5%, 9/15/19 5.5 09/15/2019 2,338,171 114,863
SandRidge Energy, Inc., 7.5%, 3/15/21 7.5 03/15/2021 1,960,000 1,221,733
Crown Castle Towers LLC, 6.113%, 1/15/20 (144A) 6.113 01/15/2020 3,135,000 3,584,863
CorpGroup Banking SA, 6.75%, 3/15/23 (144A) 6.75 03/15/2023 8,000,000 7,947,376
Poland Government International Bond, 4.0%, 1/22/24 4.0 01/22/2024 6,700,000 7,407,967
Amherst College, 3.794%, 11/1/42 3.794 11/01/2042 2,300,000 2,397,493
Westgate Resorts 2015-1 LLC, 2.75%, 5/20/27 (144A) 2.75 05/20/2027 7,250,000 7,047,456
Fannie Mae, 6.5%, 2/1/32 6.5 02/01/2032 99,991 1,639
RAIT 2014-FL2 Trust, Floating Rate Note, 5/15/31 (144A) 2.323 05/15/2031 4,000,000 3,958,808
Government National Mortgage Association I, 6.5%, 9/15/32 6.5 09/15/2032 1,709,146 117,390
Kane Ilw Zero% 02feb16 0.0 02/02/2016 2,550,000 2,384,250
JPMorgan Chase & Co., 4.25%, 11/2/18 4.25 11/02/2018 15,300,000 11,689,073
Government National Mortgage Association I, 4.0%, 12/15/41 4.0 12/15/2041 33,303 23,845
Tar Heel Re, Ltd., Floating Rate Note, 5/9/16 (Cat Bond) (144A) 8.5125 05/09/2016 2,000,000 2,060,867
Hawaiian Airlines 2013-1 Class A Pass Through Certificates, 3.9%, 1/15/26 3.9 01/15/2026 2,795,000 2,774,347
JobsOhio Beverage System, 4.532%, 1/1/35 4.532 01/01/2035 4,480,000 5,095,059
Fannie Mae, 4.5%, 7/1/41 4.5 07/01/2041 39,417,029 21,985,375
Navistar, Inc., Tranche B Term Loan, 8/17/17 5.75 08/17/2017 400,000 402,417
Citigroup Capital XIII, Floating Rate Note, 10/30/40 7.875 10/30/2040 494,898 13,124,695
Merrill Lynch Mortgage Investors Trust Series MLCC 2004-D REMICS, Floating Rate Note, 9/25/29 0.9538 09/25/2029 6,410,000 1,029,067
Rain CII Carbon LLC, 8.0%, 12/1/18 (144A) 8.0 12/01/2018 3,875,000 3,784,583
Springleaf Funding Trust 2013-A, 2.58%, 9/15/21 (144A) 2.58 09/15/2021 10,000,000 8,665,888
General Electric Capital Corp., Floating Rate Note (Perpetual) 7.125 12/31/2049 24,300,000 29,031,919
JP Morgan Mortgage Trust 2014-1 REMICS, Floating Rate Note, 1/25/44 (144A) 3.5 01/25/2044 3,579,000 3,435,294
Government National Mortgage Association I, 6.0%, 7/15/38 6.0 07/15/2038 8,868,732 801,217
GTP Acquisition Partners I LLC, 7.628%, 6/15/41 (144A) 7.628 06/15/2041 10,580,000 10,748,119
Kane Zero% 19feb16 0.0 02/19/2016 8,064,000 8,445,427
New Jersey Transportation Trust Fund Authority, 5.5%, 6/15/41 5.5 06/15/2041 10,540,000 12,071,087
Star Energy Geothermal Wayang Windu, Ltd., 6.125%, 3/27/20 (144A) 6.125 03/27/2020 7,850,000 8,011,007
WESCO Distribution, Inc., Tranche B-1 Loan, 12/12/19 3.75 12/12/2019 4,599,670 4,613,087
JP Morgan Mortgage Trust 2014-1 REMICS, Floating Rate Note, 1/25/44 (144A) 3.9642 01/25/2044 2,749,964 2,354,149
Spectrum Brands, Inc., Tranche C Term Loan, 8/13/19 3.5 08/13/2019 196,648 196,968
Fannie Mae, 4.5%, 11/1/43 4.5 11/01/2043 3,906,562 3,934,223
Wilton Re Finance LLC, Floating Rate Note, 3/30/33 (144A) 5.875 03/30/2033 6,215,000 6,897,651
Rosneft Finance SA, 7.25%, 2/2/20 (144A) 7.25 02/02/2020 1,770,000 1,721,123
Fannie Mae, 6.0%, 3/1/33 6.0 03/01/2033 350,000 8,921
Embarcadero Reinsurance, Ltd., Floating Rate Note, 2/7/17 (Cat Bond) (144A) 5.0051 02/07/2017 3,750,000 3,794,199
Government National Mortgage Association I, 6.0%, 1/15/33 6.0 01/15/2033 1,500,000 32,812
Stanley Black & Decker, Inc., Floating Rate Note, 12/15/53 5.75 12/15/2053 8,525,000 9,324,905
OXEA Sarl, Tranche B-2 Term Loan (First Lien), 1/15/20 4.25 01/15/2020 562,257 547,146
Government National Mortgage Association I, 6.0%, 7/15/17 6.0 07/15/2017 6,000,000 87,314
US Bancorp, Floating Rate Note (Perpetual) 6.0 12/31/2049 463,286 12,652,341
Sabre GLBL, Inc., Incremental Term Loan, 2/19/19 4.5 02/19/2019 3,860,467 3,869,636
Drillships Financing Holding, Inc., Tranche B-1 Term Loan, 3/31/21 6.0 03/31/2021 4,061,447 3,111,068
Banc of America Mortgage Trust 2004-7, 4.5%, 8/25/19 4.5 08/25/2019 5,418,000 346,757
Gold Key Resorts 2014-A LLC, 5.87%, 5/17/31 (144A) 5.87 05/17/2031 2,100,000 2,009,309
Mohawk Industries, Inc., 3.85%, 2/1/23 3.85 02/01/2023 3,450,000 3,524,422
Government National Mortgage Association I, 4.0%, 8/15/41 4.0 08/15/2041 62,481 24,730
Fresnillo Plc, 5.5%, 11/13/23 (144A) 5.5 11/13/2023 7,550,000 8,048,929
Nations Equipment Finance Funding II LLC, 3.276%, 1/22/19 (144A) 3.276 01/22/2019 3,800,000 3,638,172
Ooredoo International Finance, Ltd., 3.875%, 1/31/28 (144A) 3.875 01/31/2028 3,200,000 3,173,318
Fannie Mae, 4.0%, 12/1/42 4.0 12/01/2042 46,000 14,872
Residential Reinsurance 2012, Ltd., Floating Rate Note, 6/6/16 (Cat Bond) (144A) 8.0051 06/06/2016 4,500,000 4,772,150
CenturyLink, Inc., 7.65%, 3/15/42 7.65 03/15/2042 3,100,000 3,180,290
Australia & New Zealand Banking Group, Ltd., 4.5%, 3/19/24 (144A) 4.5 03/19/2024 8,110,000 8,487,261
Sequoia Mortgage Trust 2013-4, Floating Rate Note, 4/27/43 2.5 04/27/2043 9,720,000 8,320,334
First Franklin Mortgage Loan Trust 2005-FF5, Floating Rate Note, 2/25/35 0.8488 02/25/2035 1,150,000 136,658
Global Mortgage Securitization, Ltd., Floating Rate Note, 4/25/32 (144A) 0.4438 04/25/2032 84,170,000 6,954,148
Government National Mortgage Association II, 6.0%, 10/20/33 6.0 10/20/2033 3,655,000 293,333
Government National Mortgage Association I, 4.5%, 8/15/41 4.5 08/15/2041 17,565,000 7,361,906
Alternative Loan Trust 2003-J1, 4.75%, 10/25/33 4.75 10/25/2033 20,470,000 788,075
Fannie Mae, 6.0%, 12/1/33 6.0 12/01/2033 2,000,000 132,250
Residential Reinsurance 2011, Ltd., Floating Rate Note, 6/6/15 (Cat Bond) (144A) 9.0051 06/06/2015 4,250,000 4,326,075
Fannie Mae, 6.0%, 1/1/33 6.0 01/01/2033 502,267 17,448
Government National Mortgage Association I, 5.0%, 10/15/18 5.0 10/15/2018 402,294 25,843
Vedanta Resources Plc, 6.0%, 1/31/19 (144A) 6.0 01/31/2019 5,850,000 5,327,342
Fannie Mae, 5.0%, 6/1/35 5.0 06/01/2035 77,359,128 7,269,795
Landry's, Inc., B Term Loan, 4/24/18 4.0 04/24/2018 8,021,239 8,046,305
KB Home, 1.375%, 2/1/19 1.375 02/01/2019 7,875,000 7,548,516
Wells Fargo Home Equity Asset-Backed Securities 2005-2 Trust, Floating Rate Note, 11/25/35 0.5838 11/25/2035 1,483,000 344,965
Ivory Coast Government International Bond, 6.375%, 3/3/28 (144A) 6.375 03/03/2028 4,865,000 4,816,147
CHS, 2021 Term D Loan, 1/27/21 4.25 01/27/2021 6,098,406 6,135,252
Fannie Mae, 4.0%, 4/1/42 4.0 04/01/2042 9,200,000 4,216,760
Revlon Consumer Products Corp., Replacement Term Loan, 11/19/17 3.25 11/19/2017 2,689,539 2,686,596
FPL Energy Wind Funding LLC, 6.876%, 6/27/17 (144A) 6.876 06/27/2017 4,665,000 449,486
Apex Tool Group LLC, Term Loan, 1/31/20 4.5 01/31/2020 1,336,364 1,314,231
Government National Mortgage Association I, 5.5%, 8/15/19 5.5 08/15/2019 711,545 86,054
Sequoia Mortgage Trust 2004-9, Floating Rate Note, 10/20/34 0.856 10/20/2034 26,232,610 2,366,726
SM Energy Co., 5.0%, 1/15/24 5.0 01/15/2024 1,160,000 1,104,384
IAMGOLD Corp., 6.75%, 10/1/20 (144A) 6.75 10/01/2020 2,475,000 2,131,594
Virtual Radiologic Corp., Term Loan B, 12/22/16 7.2513 12/22/2016 2,406,250 1,970,117
Catalent 1st Lien Tl-B L + 3.5% 08may21 4.25 05/08/2021 4,751,088 4,777,442
Bear Stearns ALT-A Trust 2005-1, Floating Rate Note, 1/25/35 0.9238 01/25/2035 8,350,000 7,078,334
Fannie Mae, 5.0%, 7/1/39 5.0 07/01/2039 2,516,008 926,191
Fannie Mae, 6.0%, 4/1/38 6.0 04/01/2038 5,765,562 433,541
Standard Aero, Ltd., Replacement Tranche B-2 Loan, 11/2/18 5.0 11/02/2018 3,123,266 3,125,867
Entercom Radio LLC, Term B-2 Loan, 11/23/18 4.0036 11/23/2018 1,340,562 1,343,913
JP Morgan Mortgage Trust 2013-2, Floating Rate Note, 5/25/43 3.5 05/25/2043 5,615,000 4,203,114
ZIGGO BV, (USD) TLB3, 1/15/22 3.5 01/15/2022 2,743,404 2,728,831
International Game Technology, 7.5%, 6/15/19 7.5 06/15/2019 120,000 130,673
COMM 2014-FL4 Mortgage Trust, Floating Rate Note, 7/15/31 (144A) 2.0178 07/15/2031 5,070,000 5,069,852
Government National Mortgage Association I, 6.0%, 11/15/33 6.0 11/15/2033 3,200,000 357,501
GS Mortgage Securities Corp II Series 2005-GG4 REMICS, 4.782%, 7/10/39 4.782 07/10/2039 5,609,335 4,717,815
Truman Capital Mortgage Loan Trust, Floating Rate Note, 1/25/34 1.8738 01/25/2034 3,275,000 2,849,315
Government National Mortgage Association I, 7.0%, 6/15/29 7.0 06/15/2029 75,078 1,075
US Silica Co., Term Loan, 7/23/20 4.0 07/23/2020 1,892,000 1,816,320
Lorillard Tobacco Co., 3.75%, 5/20/23 3.75 05/20/2023 4,700,000 4,849,502
BBVA Bancomer SA Texas, Floating Rate Note, 11/12/29 (144A) 5.35 11/12/2029 2,270,000 2,289,368
Government National Mortgage Association I, 4.0%, 1/15/41 4.0 01/15/2041 33,556 17,896
WCA Waste Corp., Term Loan, 3/23/18 4.0 03/23/2018 3,656,900 3,635,569
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/12/46 2.941 01/12/2046 8,000,000 8,246,191
Valeant Pharmaceuticals Internatio 1st Lien Bf2-Dd L + 3.25% 13mar22 4.0 03/13/2022 206,024 207,215
VimpelCom Holdings BV, 9.0%, 2/13/18 (144A) 9.0 02/13/2018 193,400,000 2,975,272
Government National Mortgage Association I, 4.5%, 1/15/40 4.5 01/15/2040 1,883,000 1,103,885
EuroChem Mineral & Chemical Co OJSC via EuroChem Global Investments, Ltd., 5.125%, 12/12/17 (144A) 5.125 12/12/2017 3,650,000 3,533,701
Hyundai Capital Services, Inc., 4.375%, 7/27/16 (144A) 4.375 07/27/2016 2,550,000 2,674,952
Fannie Mae, 0.5%, 12/15/33 0.5 12/15/2033 7,290,000 7,482,982
JBS Investments GmbH, 7.75%, 10/28/20 (144A) 7.75 10/28/2020 4,600,000 5,016,013
Voya Financial, Inc., Floating Rate Note, 5/15/53 5.65 05/15/2053 2,700,000 2,879,130
FREMF Mortgage Trust 2010-K7, Floating Rate Note, 5/25/29 (144A) 5.4436 05/25/2029 3,900,000 4,433,211
Fannie Mae, 4.5%, 12/1/40 4.5 12/01/2040 54,806,862 23,500,571
Structured Adjustable Rate Mortgage Loan Trust, Floating Rate Note, 3/25/34 2.8579 03/25/2034 16,200,000 850,599
PQ Corp., 2014 Term Loan, 8/7/17 4.0 08/07/2017 6,207,125 6,192,315
Weatherford International, Ltd. Bermuda, 9.625%, 3/1/19 9.625 03/01/2019 4,070,000 4,695,241
Towergate Finance Plc, 8.5%, 2/15/18 (144A) 8.5 02/15/2018 2,125,000 3,253,654
Health Care Real Estate Investment Trust, Inc., 5.25%, 1/15/22 5.25 01/15/2022 3,150,000 3,585,240
Virginia Commonwealth Transportation Board, 4.0%, 5/15/31 4.0 05/15/2031 7,500,000 8,143,208
Structured Asset Investment Loan Trust 2006-1, Floating Rate Note, 1/25/36 0.3738 01/25/2036 8,100,000 1,722,716
SolarCity Corp., 1.625%, 11/1/19 (144A) 1.625 11/01/2019 1,984,000 1,772,050
Fly Leasing, Ltd., 6.375%, 10/15/21 6.375 10/15/2021 1,750,000 1,787,661
MCC Iowa LLC, Tranche H Term Loan, 1/29/21 3.25 01/29/2021 3,772,800 3,752,759
Windstream Corp., 7.75%, 10/15/20 7.75 10/15/2020 8,680,000 9,196,339
Public Service Co of New Mexico, 7.95%, 5/15/18 7.95 05/15/2018 3,725,000 4,484,953
Westgate Resorts 2012-A LLC, 3.75%, 8/20/25 (144A) 3.75 08/20/2025 1,250,000 601,488
Delta Air Lines, Inc., 2014 Term B-1 Loan, 10/18/18 3.25 10/18/2018 5,263,443 5,269,080
COMM 2012-CCRE2 Mortgage Trust REMICS, 3.791%, 8/17/45 3.791 08/17/2045 1,900,000 2,045,865
AmeriCredit Automobile Receivables Trust 2011-3, 4.04%, 7/10/17 4.04 07/10/2017 1,600,000 1,632,231
FREMF Mortgage Trust 2013-K713, Floating Rate Note, 4/25/46 (144A) 3.1648 04/25/2046 3,400,000 3,474,662
Qwest Corp., 7.375%, 6/1/51 7.375 06/01/2051 572,600 15,047,928
Banc of America Alternative Loan Trust 2004-12, 5.5%, 1/25/20 5.5 01/25/2020 15,665,000 1,619,496
Glencore Funding LLC, 4.125%, 5/30/23 (144A) 4.125 05/30/2023 5,175,000 5,341,933
RALI Series 2003-QS14 Trust, 5.0%, 7/25/18 5.0 07/25/2018 8,600,000 453,765
Norway Government Bond, 5.0%, 5/15/15 5.0 05/15/2015 467,360,000 61,266,839
KB Home, 7.625%, 5/15/23 7.625 05/15/2023 5,985,000 6,190,402
Fannie Mae, 5.5%, 12/1/35 5.5 12/01/2035 2,799,824 296,801
Drug Royalty II LP 2, Floating Rate Note, 7/15/23 (144A) 3.1033 07/15/2023 3,250,000 3,109,680
Residential Reinsurance 2011, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 8.7551 12/06/2016 7,100,000 7,224,388
Fannie Mae, 3.5%, 11/1/42 3.5 11/01/2042 1,335,000 1,219,366
Tronox Pigments BV, New Term Loan, 3/19/20 4.0 03/19/2020 1,725,334 1,727,815
Sequoia Mortgage Trust 2013-9, 3.5%, 7/25/43 (144A) 3.5 07/25/2043 4,196,000 3,888,038
RALI Series 2004-QS3 Trust, 5.0%, 3/25/19 5.0 03/25/2019 7,800,000 428,757
Washington Suburban Sanitary Commission, 4.0%, 6/1/43 4.0 06/01/2043 5,440,000 5,819,670
Transunion Llc 1st Lien Tl-B L + 3% 21mar21 4.0 03/21/2021 5,761,919 5,769,121
VOLT XXXIII LLC, 3.5%, 3/25/55 (Step) (144A) 3.5 03/25/2055 3,500,000 3,502,183
Morgan Stanley Mortgage Loan Trust 2005-6AR, Floating Rate Note, 11/25/35 0.6338 11/25/2035 3,935,000 3,267,386
Molina Healthcare, Inc., 1.625%, 8/15/44 1.625 08/15/2044 6,470,000 8,379,953
BM&FBovespa SA - Bolsa de Valores Mercadorias e Futuros, 5.5%, 7/16/20 (144A) 5.5 07/16/2020 7,180,000 7,728,971
FCA US LLC, Term Loan B, 5/24/17 3.5 05/24/2017 18,178,019 18,189,344
Fannie Mae, 5.0%, 6/1/40 5.0 06/01/2040 11,550,000 4,107,203
Government National Mortgage Association I, 6.0%, 6/15/33 6.0 06/15/2033 2,500,000 111,883
Spirit Master Funding VII LLC, 3.8868%, 12/20/43 3.8868 12/20/2043 900,000 928,986
Hilcorp Energy I LP, 7.625%, 4/15/21 (144A) 7.625 04/15/2021 5,768,000 6,201,521
MedAssets, Inc., Term B Loan, 12/13/19 4.0 12/13/2019 1,677,878 1,675,781
Mythen Re, Ltd. Series 2012-2 Class A, Floating Rate Note, 11/10/16 (Cat Bond) (144A) 11.8349 11/10/2016 250,000 267,924
Government National Mortgage Association I, 5.125%, 10/15/38 5.125 10/15/2038 1,865,279 970,625
Government National Mortgage Association I, 4.0%, 11/15/43 4.0 11/15/2043 64,478 18,405
Fannie Mae, 4.5%, 3/1/41 4.5 03/01/2041 3,179,532 1,662,118
Kane Zero% 22jan16 0.0 01/22/2016 2,753,000 2,802,003
AccentCare, Inc., Term Loan, 12/22/16 6.5 12/22/2016 2,246,643 2,145,544
Navios Maritime Partners LP, Term Loan, 6/27/18 5.25 06/27/2018 3,311,364 3,340,338
Government National Mortgage Association I, 5.5%, 2/15/35 5.5 02/15/2035 5,109,070 293,496
Spirit Master Funding LLC, 4.6291%, 1/20/45 (144A) 4.6291 01/20/2045 11,000,000 11,592,433
Countrywide Asset-Backed Certificates, Floating Rate Note, 10/25/34 0.3538 10/25/2034 12,298,000 2,307,416
BBVA Bancomer SA Texas, 4.375%, 4/10/24 (144A) 4.375 04/10/2024 2,500,000 2,642,578
Queen City Re, Floating Rate Note, 1/6/19 (Cat Bond) (144A) 3.5051 01/06/2019 1,000,000 993,619
ORES 2014-LV3 LLC, 3.0%, 3/27/24 (144A) 3.0 03/27/2024 6,435,000 3,559,522
Government National Mortgage Association I, 6.5%, 1/15/29 6.5 01/15/2029 577,201 13,286
RPI Finance Trust, Term B-3 Term Loan, 11/9/18 3.25 11/09/2018 7,819,364 7,845,754
Fannie Mae, 4.0%, 7/1/44 4.0 07/01/2044 24,645,000 24,158,914
Scientific Games International Inc 1st Lien Tl-B2 L + 5% 17sep21 6.0 09/17/2021 10,423,875 10,461,516
Irvine Core Office Trust 2013-IRV, Floating Rate Note, 5/15/48 (144A) 3.1731 05/15/2048 6,944,736 7,211,157
Outerwall, Inc., 6.0%, 3/15/19 6.0 03/15/2019 5,420,000 5,271,853
Fannie Mae, 6.0%, 5/1/33 6.0 05/01/2033 1,200,000 158,156
Enel Finance International NV, 5.125%, 10/7/19 (144A) 5.125 10/07/2019 215,000 245,809
14112z Zero% 01feb19 0.0 02/01/2019 14,100,000 14,697,840
U.S. Treasury Bonds, 3.75%, 8/15/41 3.75 08/15/2041 10,750,000 13,410,341
Government National Mortgage Association I, 7.5%, 8/15/29 7.5 08/15/2029 100,063 121
Xerium Technologies, Inc., New Term Loan, 5/17/19 5.75 05/17/2019 786,007 795,832
Unifrax I LLC, New Term B Dollar Loan, 11/28/18 4.25 11/28/2018 1,412,574 1,411,161
Enterprise Products Operating LLC, Floating Rate Note, 8/1/66 8.375 08/01/2066 3,683,000 3,932,370
Government National Mortgage Association I, 4.0%, 12/15/41 4.0 12/15/2041 50,000 32,523
Tank Holding Corp., Initial Term Loan, 7/9/19 5.25 07/09/2019 1,575,211 1,583,087
CoBank ACB, 7.875%, 4/16/18 (144A) 7.875 04/16/2018 1,500,000 1,807,511
GrupoSura Finance SA, 5.7%, 5/18/21 (144A) 5.7 05/18/2021 4,710,000 5,144,772
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 5/23/19 4.95 05/23/2019 3,100,000 2,289,459
Bear Stearns ALT-A Trust 2003-3, Floating Rate Note, 10/25/33 2.6805 10/25/2033 7,600,000 1,221,364
VAT HOLDING AG, Initial Term Loan, 1/28/21 4.75 01/28/2021 1,795,466 1,793,590
Government National Mortgage Association I, 6.0%, 6/15/17 6.0 06/15/2017 2,359,004 35,586
IndyMac INDX Mortgage Loan Trust 2005-AR3, Floating Rate Note, 4/25/35 2.7464 04/25/2035 12,532,000 2,223,155
Houghton Mifflin Harcourt Publishers, Inc., Term Loan, 5/22/18 4.25 05/22/2018 1,664,226 1,658,679
CFG Investment SAC, 9.75%, 7/30/19 (144A) 9.75 07/30/2019 6,385,000 5,753,018
Agate Bay Mortgage Trust 2015-1, Floating Rate Note, 1/25/45 (144A) 3.5 01/25/2045 15,485,000 15,654,464
Vitality Re V, Ltd., Floating Rate Note, 1/7/19 (Cat Bond) (144A) 1.7652 01/07/2019 950,000 956,816
New Hampshire Health and Education Facilities Authority Act, 6.5%, 1/1/41 6.5 01/01/2041 4,250,000 5,101,530
Masco Corp., 7.125%, 3/15/20 7.125 03/15/2020 14,465,000 17,006,018
Fannie Mae, 5.0%, 11/1/44 5.0 11/01/2044 57,000,000 60,032,989
Scitor Corp., Term Loan, 2/15/17 5.0 02/15/2017 1,266,944 1,267,208
TI Group Automotive Systems LLC, Term Loan Facility, 7/1/21 4.25 07/01/2021 9,148,516 9,156,137
DynCorp International, Inc., Term Loan, 7/7/16 6.25 07/07/2016 2,143,781 2,133,062
Federal Home Loan Mortgage Corp., 4.5%, 11/1/43 4.5 11/01/2043 4,841,006 3,786,288
Minerva Luxembourg SA, 7.75%, 1/31/23 (144A) 7.75 01/31/2023 9,770,000 9,751,749
The PNC Financial Services Group, Inc., Floating Rate Note (Perpetual) 4.4815 02/21/2049 17,930,000 18,052,909
The Williams Companies, Inc., 5.75%, 6/24/44 5.75 06/24/2044 13,440,000 12,769,506
Rosetta Resources, Inc., 5.875%, 6/1/24 5.875 06/01/2024 2,100,000 1,994,125
Federal Home Loan Mortgage Corp., 6.0%, 1/1/33 6.0 01/01/2033 2,610,000 100,434
Fannie Mae, 4.0%, 11/1/44 4.0 11/01/2044 725,000 743,537
Building Materials Corp of America, 5.375%, 11/15/24 (144A) 5.375 11/15/2024 9,250,000 9,583,482
AXA SA, 8.6%, 12/15/30 8.6 12/15/2030 10,060,000 14,288,442
Impac CMB Trust Series 2004-4, Floating Rate Note, 9/25/34 0.8138 09/25/2034 73,742,000 2,997,181
Queen Street VI Re, Ltd., Floating Rate Note, 4/9/15 (Cat Bond) (144A) 10.3625 04/09/2015 700,000 736,628
US Airways, Inc., Tranche B-1 Term Loan (Consenting), 5/23/19 3.5 05/23/2019 1,114,795 1,113,601
USI, Inc. New York, Initial Term Loan 2013, 12/30/19 4.25 12/30/2019 26,273,336 26,141,969
Affinion Group, Inc., Tranche B Term Loan, 4/30/18 6.75 04/30/2018 7,445,472 7,077,852
Government National Mortgage Association I, 6.5%, 7/15/32 6.5 07/15/2032 800,000 10,685
Indonesia Treasury Bond, 8.25%, 6/15/32 8.25 06/15/2032 222,011,000,000 18,166,192
Government National Mortgage Association I, 5.0%, 10/15/18 5.0 10/15/2018 2,975,000 130,980
Atlas IX Capital, Ltd., Floating Rate Note, 1/17/19 (Cat Bond) (144A) 3.4452 01/17/2019 500,000 516,009
Fannie Mae, 5.0%, 7/1/35 5.0 07/01/2035 42,393,553 4,129,113
Henniges Automotive Holdings Inc 1st Lien Tl-B L + 5% 11jun21 5.5 06/11/2021 1,611,900 1,628,019
Reynolds Group Holdings, Inc., Incremental U.S. Term Loan, 12/31/18 4.5 12/31/2018 3,679,008 3,699,702
Fannie Mae, 3.5%, 5/13/15 3.5 05/13/2015 23,352,000 24,500,683
Eastman Chemical Co., 4.8%, 9/1/42 4.8 09/01/2042 4,140,000 4,336,894
Fannie Mae, 4.5%, 3/1/35 4.5 03/01/2035 2,520,000 328,271
HSBC Home Equity Loan Trust USA 2007-3, Floating Rate Note, 11/20/36 1.376 11/20/2036 1,000,000 216,469
Banc of America Funding 2010-R4 Trust REMICS, Floating Rate Note, 8/26/36 (144A) 0.2984 08/26/2036 6,900,000 388,401
Fannie Mae, 4.0%, 12/1/41 4.0 12/01/2041 45,515,613 25,782,893
Alta Wind Holdings LLC, 7.0%, 6/30/35 (144A) 7.0 06/30/2035 1,600,000 1,561,767
Government National Mortgage Association I, 4.0%, 9/15/43 4.0 09/15/2043 43,512 39,045
Government National Mortgage Association I, 6.5%, 10/15/31 6.5 10/15/2031 316,324 6,814
Israel Electric Corp, Ltd., 9.375%, 1/28/20 (144A) 9.375 01/28/2020 1,330,000 1,694,295
FREMF Mortgage Trust 2012-K708, Floating Rate Note, 2/27/45 (144A) 3.7614 02/27/2045 25,000 25,682
Government National Mortgage Association I, 6.5%, 5/15/29 6.5 05/15/2029 169,368 2,756
Altisource Solutions Sarl, Term B Loan, 12/9/20 4.5 12/09/2020 3,870,750 2,845,001
Blackstone Holdings Finance Co LLC, 4.75%, 2/15/23 (144A) 4.75 02/15/2023 5,375,000 5,974,691
Endo Finance LLC, 5.375%, 1/15/23 (144A) 5.375 01/15/2023 8,169,000 8,241,273
Brookfield Residential Properties, Inc., 6.125%, 7/1/22 (144A) 6.125 07/01/2022 5,880,000 6,175,838
Appvion, Inc., Term Commitment, 6/28/19 5.75 06/28/2019 14,948,547 13,995,577
Government National Mortgage Association I, 4.0%, 10/15/43 4.0 10/15/2043 28,158 20,839
Owens Corning, 4.2%, 12/1/24 4.2 12/01/2024 5,975,000 6,258,691
Government National Mortgage Association I, 5.0%, 6/15/21 5.0 06/15/2021 1,048,281 176,785
Israel Electric Corp, Ltd., 5.625%, 6/21/18 (144A) 5.625 06/21/2018 5,000,000 5,395,305
General Cable Corp., 4.5%, 11/15/29 (Step) 4.5 11/15/2029 13,776,000 11,160,282
Allegheny Technologies, Inc., 9.375%, 6/1/19 9.375 06/01/2019 3,645,000 4,478,794
Electricite de France SA, Floating Rate Note (Perpetual) (144A) 5.25 12/31/2049 5,285,000 5,562,683
Delta Air Lines 2010-1 Class B Pass Through Trust, 6.375%, 1/2/16 (144A) 6.375 01/02/2016 50,000 52,318
Inter-American Development Bank, 7.2%, 1/22/18 7.2 01/22/2018 114,720,000,000 8,704,135
Fannie Mae, 4.5%, 2/1/44 4.5 02/01/2044 52,511,691 42,528,463
Telesat Canada, U.S. Term B-2 Loan, 3/28/19 3.5 03/28/2019 6,631,981 6,627,783
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/15/28 (144A) 5.333 02/15/2028 17,900,000 17,216,478
Banc of America Commercial Mortgage Trust 2007-3, Floating Rate Note, 6/10/49 5.5748 06/10/2049 1,400,000 1,446,929
Banco do Estado do Rio Grande do Sul SA, 7.375%, 2/2/22 (144A) 7.375 02/02/2022 2,400,000 2,282,008
CCO Holdings LLC, 6.625%, 1/31/22 6.625 01/31/2022 10,705,000 11,561,140
EverBank Mortgage Loan Trust REMICS, Floating Rate Note, 4/25/43 (144A) 3.5065 04/25/2043 6,762,000 6,388,821
Fannie Mae, 4.0%, 7/1/18 4.0 07/01/2018 75,000 3,749
Approach Resources, Inc., 7.0%, 6/15/21 7.0 06/15/2021 1,080,000 988,860
Cantor Fitzgerald LP, 7.875%, 10/15/19 (144A) 7.875 10/15/2019 12,855,000 14,447,638
Nevada Power Co., 6.5%, 8/1/18 6.5 08/01/2018 85,000 99,268
Fannie Mae, 6.0%, 7/1/38 6.0 07/01/2038 2,040,000 170,041
Silver Bay Realty 2014-1 Trust, Floating Rate Note, 9/18/31 (144A) 2.2245 09/18/2031 3,300,000 3,310,152
JP Morgan Chase Commercial Mortgage Securities Trust 2013-C16, 3.07%, 12/17/46 3.07 12/17/2046 10,620,000 11,152,416
ONEOK, Inc., 6.875%, 9/30/28 6.875 09/30/2028 9,425,000 11,193,837
Sanders Re, Ltd., Floating Rate Note, 5/25/18 (Cat Bond) (144A) 3.0152 05/25/2018 3,500,000 3,466,750
Government National Mortgage Association II, 5.5%, 3/20/34 5.5 03/20/2034 1,800,000 202,397
Fannie Mae, 4.5%, 12/1/41 4.5 12/01/2041 60,000 41,665
Sappi Papier Holding GmbH, 6.625%, 4/15/21 (144A) 6.625 04/15/2021 1,100,000 1,187,228
Government National Mortgage Association I, 5.5%, 9/15/19 5.5 09/15/2019 2,037,648 91,607
Platinum Underwriters Finance, Inc., 7.5%, 6/1/17 7.5 06/01/2017 7,350,000 8,429,465
PHH Mortgage Capital LLC, 7.0%, 12/25/27 (Step) (144A) 7.0 12/25/2027 14,800,000 751,058
Government National Mortgage Association I, 4.0%, 11/15/41 4.0 11/15/2041 135,000 91,007
The Bank of New York Mellon Corp., Floating Rate Note (Perpetual) 4.5 12/31/2049 5,450,000 5,232,681
Government National Mortgage Association I, 4.0%, 1/15/40 4.0 01/15/2040 44,880 23,899
EP Energy LLC, Tranche B-3 Loan, 5/24/18 3.5 05/24/2018 3,656,667 3,534,779
CCO Holdings LLC, 7.375%, 6/1/20 7.375 06/01/2020 3,775,000 4,127,333
GRIFOLS WORLDWIDE OPERATIONS USA INC, U.S. Tranche B Term Loam, 4/1/21 3.178 04/01/2021 4,356,000 4,356,819
MacDermid, Inc., Tranche B Term Loan (First Lien), 6/7/20 4.5 06/07/2020 5,068,021 5,095,621
Wachovia Capital Trust III, Floating Rate Note (Perpetual) 5.5698 12/31/2049 660,000 653,318
Bear Stearns ALT-A Trust 2004-10, Floating Rate Note, 9/25/34 1.0738 09/25/2034 6,300,000 3,480,531
Norway Government Bond, 4.5%, 5/22/19 4.5 05/22/2019 118,980,000 17,513,631
Government National Mortgage Association I, 4.0%, 9/15/41 4.0 09/15/2041 47,082 16,850
T-Mobile USA, Inc., 6.542%, 4/28/20 6.542 04/28/2020 4,150,000 4,415,386
Corporate Office Properties LP, 3.6%, 5/15/23 3.6 05/15/2023 4,655,000 4,581,125
Securus Technologies Holdings, Inc., Initial Term Loan (First Lien), 4/30/20 4.75 04/30/2020 1,732,415 1,712,925
Government National Mortgage Association I, 4.0%, 2/15/42 4.0 02/15/2042 55,746 34,915
Kronos, Inc., Incremental Term Loan (First Lien), 10/30/19 4.5 10/30/2019 728,455 730,807
DIRECTV Holdings LLC, 3.95%, 1/15/25 3.95 01/15/2025 4,000,000 4,169,386
European Bank for Reconstruction & Development, 6.0%, 3/3/16 6.0 03/03/2016 1,260,600,000 20,240,241
Government National Mortgage Association II, 6.5%, 1/20/28 6.5 01/20/2028 32,371 425
Dolphin Energy, Ltd., 5.5%, 12/15/21 (144A) 5.5 12/15/2021 3,780,000 4,407,467
Alpha Natural Resources, Inc., 6.25%, 6/1/21 6.25 06/01/2021 1,860,000 508,400
Citigroup Mortgage Loan Trust 2014-J1, Floating Rate Note, 6/25/44 3.5 06/25/2044 4,555,000 4,324,980
Federal Home Loan Mortgage Corp., 6.5%, 9/1/32 6.5 09/01/2032 100,000 2,734
Government National Mortgage Association I, 6.5%, 9/15/32 6.5 09/15/2032 500,414 48,492
Kiowa Power Partners LLC, 5.737%, 3/30/21 (144A) 5.737 03/30/2021 3,775,000 3,301,357
LSTAR Commercial Mortgage Trust, Floating Rate Note, 6/25/43 (144A) 5.4227 06/25/2043 4,920,000 449,196
The Hanover Insurance Group, Inc., 6.375%, 6/15/21 6.375 06/15/2021 12,600,000 15,040,933
Spirit Master Funding LLC, 5.74%, 3/20/42 (144A) 5.74 03/20/2042 1,250,704 1,435,683
Crowne Group Llc 1st Lien Tl-B L + 5% 29sep20 6.0 09/29/2020 1,791,000 1,780,926
Prudential Financial, Inc., Floating Rate Note, 6/15/43 5.625 06/15/2043 11,240,000 12,100,563
Government National Mortgage Association I, 5.0%, 9/15/33 5.0 09/15/2033 5,011,663 733,742
Government National Mortgage Association I, 4.0%, 10/15/41 4.0 10/15/2041 543,395 254,449
American Homes 4 Rent 2014-SFR2 Trust, 5.149%, 10/17/36 (144A) 5.149 10/17/2036 2,200,000 2,390,315
Government National Mortgage Association I, 4.0%, 2/15/42 4.0 02/15/2042 158,615 24,845
Fannie Mae, 4.0%, 2/1/44 4.0 02/01/2044 3,344,903 3,321,125
Israel Electric Corp, Ltd., 6.7%, 2/10/17 (144A) 6.7 02/10/2017 4,150,000 4,459,140
The Hertz Corp., Tranche B-1 Term Loan, 3/11/18 4.0 03/11/2018 1,221,875 1,223,021
RENT-A-CENTER, INC, Term Loan (2014), 2/6/21 3.75 02/06/2021 1,795,466 1,759,557
California Republic Auto Receivables Trust 2012-1, 3.0%, 1/15/20 (144A) 3.0 01/15/2020 3,026,000 3,080,145
HarborView Mortgage Loan Trust 2004-1, Floating Rate Note, 4/19/34 2.7002 04/19/2034 4,875,000 210,975
Fannie Mae, 5.0%, 2/1/22 5.0 02/01/2022 6,603,277 328,044
COMM 2012-CCRE4 Mortgage Trust, 2.436%, 10/17/45 2.436 10/17/2045 4,047,000 4,108,446
Government National Mortgage Association I, 5.0%, 11/15/16 5.0 11/15/2016 1,229,667 33,883
RALI Series 2003-QS13 Trust, Floating Rate Note, 7/25/33 0.7238 07/25/2033 29,527,860 2,981,939
Si Organization Inc 1st Lien Dd L + 0% 19nov19 5.75 11/19/2019 336,090 338,296
Terex Corp., U.S. Term Loan, 8/13/21 3.5 08/13/2021 1,639,102 1,644,224
FREMF Mortgage Trust 2012-K710, Floating Rate Note, 6/25/47 (144A) 3.8192 06/25/2047 3,661,000 3,851,274
Linn Energy LLC, 8.625%, 4/15/20 8.625 04/15/2020 3,374,000 3,010,522
Alfa Bank OJSC Via Alfa Bond Issuance Plc, 7.5%, 9/26/19 (144A) 7.5 09/26/2019 12,500,000 11,595,771
Longpoint Re, Ltd., Floating Rate Note, 6/12/15 (Cat Bond) (144A) 6.015 06/12/2015 2,245,000 2,268,273
Brookfield Residential Properties, Inc., 6.5%, 12/15/20 (144A) 6.5 12/15/2020 3,460,000 3,681,921
Ardent Medical Services, Inc., Term Loan (First Lien), 7/2/18 6.75 07/02/2018 1,735,301 1,744,248
LSTAR Securities Investment Trust 2015-2, Floating Rate Note, 1/2/20 (144A) 2.1709 01/02/2020 5,575,000 5,450,543
Frontier Communications Corp., 8.5%, 4/15/20 8.5 04/15/2020 11,090,000 12,883,191
Rosneft Finance SA, 7.875%, 3/13/18 (144A) 7.875 03/13/2018 1,250,000 1,267,522
Turkiye Garanti Bankasi AS, 7.375%, 3/7/18 (144A) 7.375 03/07/2018 8,980,000 3,186,543
Unifrax I LLC, New Euro Term Loan, 11/28/18 5.25 11/28/2018 3,885,507 4,209,618
T-Mobile USA, Inc., 6.625%, 11/15/20 6.625 11/15/2020 4,915,000 5,259,187
Sanders Re, Ltd., Floating Rate Note, 5/5/17 (Cat Bond) (144A) 4.0253 05/05/2017 7,650,000 7,658,415
COMM 2006-C8 Mortgage Trust, 5.377%, 12/10/46 5.377 12/10/2046 3,500,000 3,582,466
Government National Mortgage Association I, 6.0%, 6/15/17 6.0 06/15/2017 6,900,000 81,434
Citigroup, Inc., Floating Rate Note (Perpetual) 7.125 12/31/2049 642,000 17,744,880
Federal Home Loan Mortgage Corp., 6.0%, 6/1/17 6.0 06/01/2017 14,424,315 124,308
Valero Energy Corp., 9.375%, 3/15/19 9.375 03/15/2019 4,414,000 5,547,262
Morgan Stanley, 4.875%, 11/1/22 4.875 11/01/2022 4,400,000 4,894,888
UCI International, Inc., Term Loan, 7/26/17 5.5 07/26/2017 2,001,175 1,973,659
Ascentium Equipment Receivables 2014-1 LLC, 3.1%, 6/10/21 (144A) 3.1 06/10/2021 800,000 816,039
JP Morgan Mortgage Trust 2013-2, Floating Rate Note, 5/25/43 (144A) 3.7075 05/25/2043 3,983,000 3,936,598
Federal Home Loan Mortgage Corp., 3.5%, 3/1/45 3.5 03/01/2045 5,000,000 5,241,797
Government National Mortgage Association I, 6.5%, 10/15/31 6.5 10/15/2031 463,882 8,315
Fannie Mae, 6.0%, 10/1/32 6.0 10/01/2032 200,552 4,082
Government National Mortgage Association I, 5.5%, 10/15/19 5.5 10/15/2019 3,000,000 356,049
Yavapai County Industrial Development Authority, Floating Rate Note, 3/1/28 4.9 03/01/2028 1,400,000 1,454,703
Sirius International Group, Ltd., 6.375%, 3/20/17 (144A) 6.375 03/20/2017 5,075,000 5,496,203
Piedmont Operating Partnership LP, 3.4%, 6/1/23 3.4 06/01/2023 11,130,000 11,023,222
Suburban Propane Partners LP, 5.75%, 3/1/25 5.75 03/01/2025 3,800,000 3,897,850
Sotheby's, 5.25%, 10/1/22 (144A) 5.25 10/01/2022 525,000 529,594
Fannie Mae, 3.5%, 11/1/42 3.5 11/01/2042 500,000 425,589
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 0.396 03/20/2035 20,245,000 1,832,353
Alexandria Real Estate Equities, Inc., 3.9%, 6/15/23 3.9 06/15/2023 4,802,000 5,013,112
Golar LNG, Ltd., 3.75%, 3/7/17 3.75 03/07/2017 1,700,000 1,787,496
Government National Mortgage Association I, 4.0%, 11/15/40 4.0 11/15/2040 127,425 98,033
Calpine Corp., Term Loan (10/12), 10/9/19 4.0 10/09/2019 1,072,500 1,076,820
Morgan Stanley, Floating Rate Note (Perpetual) 5.55 12/31/2049 1,750,000 1,770,738
Federal Home Loan Mortgage Corp., 4.0%, 7/1/44 4.0 07/01/2044 2,000,000 2,094,278
Federal Home Loan Mortgage Corp., 5.0%, 4/1/23 5.0 04/01/2023 3,790,330 350,739
WCP Wireless Site Funding, 6.829%, 11/15/15 (144A) 6.829 11/15/2015 6,650,000 6,801,215
Fannie Mae, 3.5%, 7/1/26 3.5 07/01/2026 23,914,523 8,645,368
QVC, Inc., 4.45%, 2/15/25 4.45 02/15/2025 18,100,000 18,323,555
Prestige Brands, Inc., Term B-2 Loan, 8/18/21 4.5 08/18/2021 4,569,814 4,593,806
EP Energy LLC, 7.75%, 9/1/22 7.75 09/01/2022 155,000 159,101
DCP Midstream LLC, Floating Rate Note, 5/21/43 (144A) 5.85 05/21/2043 17,150,000 12,710,294
SESI LLC, 7.125%, 12/15/21 7.125 12/15/2021 90,000 92,788
Liberty Mutual Insurance Co., 7.697% (Perpetual) (144A) 7.697   11,050,000 14,800,942
Bumi Resources Tbk PT, Loan, 11/7/15 18.153 11/07/2015 1,135,833 414,579
Expedia, Inc., 4.5%, 8/15/24 4.5 08/15/2024 9,810,000 9,971,129
Griffon Corp., 5.25%, 3/1/22 5.25 03/01/2022 312,000 309,184
Government National Mortgage Association II, 4.5%, 3/20/35 4.5 03/20/2035 4,250,000 688,412
Federal Home Loan Mortgage Corp., 4.5%, 9/1/41 4.5 09/01/2041 324,372 275,090
MPT Operating Partnership LP, 5.5%, 5/1/24 5.5 05/01/2024 530,000 575,271
Vericrest Opportunity Loan Transferee 2014-NPL4 LLC, 3.125%, 4/27/54 (Step) (144A) 3.125 04/27/2054 4,220,000 3,076,091
CSM Bakery Solutions LLC, Term Loan (First Lien), 7/3/20 5.0 07/03/2020 3,225,905 3,224,899
Government National Mortgage Association I, 4.0%, 10/15/40 4.0 10/15/2040 90,862 23,965
Ellington Loan Acquisition Trust 2007-1, Floating Rate Note, 5/26/37 (144A) 1.0738 05/26/2037 6,250,000 4,989,624
NOVA Chemicals Corp., 5.0%, 5/1/25 (144A) 5.0 05/01/2025 3,605,000 3,843,831
Calpine Construction Finance Co LP, Term B-1 Loan, 5/3/20 3.0 05/03/2020 1,402,408 1,385,973
The Goodyear Tire & Rubber Co., Loan (Second Lien), 4/30/19 4.75 04/30/2019 8,270,833 8,354,832
Southern California Edison Co., Floating Rate Note (Perpetual) 6.25 12/31/2049 8,675,000 9,806,365
Consolidated Edison Co of New York, Inc., 4.625%, 12/1/54 4.625 12/01/2054 18,225,000 20,763,724
Golden State RE II, Ltd., Floating Rate Note, 1/8/19 (Cat Bond) (144A) 2.2152 01/08/2019 3,900,000 3,903,792
U.S. Treasury Inflation Indexed Bonds, 0.125%, 7/15/24 0.125 07/15/2024 148,075,000 145,746,283
United Continental Holdings, Inc., 6.0%, 7/15/26 6.0 07/15/2026 6,200,000 6,278,533
Global Mortgage Securitization, Ltd., 5.25%, 4/25/32 (144A) 5.25 04/25/2032 14,941,131 4,179,117
Asciano Finance, Ltd., 4.625%, 9/23/20 (144A) 4.625 09/23/2020 1,602,000 1,724,280
Nakilat, Inc., 6.067%, 12/31/33 (144A) 6.067 12/31/2033 1,965,000 2,316,904
CeramTec GmbH, Dollar Term B-3 Loan, 8/30/20 4.25 08/30/2020 1,581,199 1,586,140
STORE Master Funding LLC, 4.16%, 3/20/43 (144A) 4.16 03/20/2043 1,100,000 1,099,884
Fannie Mae, 3.5%, 12/1/42 3.5 12/01/2042 2,047,400 1,627,967
Fannie Mae, 4.0%, 12/1/43 4.0 12/01/2043 1,800,000 1,775,748
Oak Hill Advisors Residential Loan Trust 2014-NPL1, 2.8828%, 5/25/54 (Step) (144A) 2.8828 05/25/2054 5,870,000 3,806,642
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 4.5051 12/06/2016 2,300,000 2,355,775
JG Wentworth XXII LLC, 3.82%, 12/15/48 (144A) 3.82 12/15/2048 3,250,000 2,148,380
BRF SA, 5.875%, 6/6/22 (144A) 5.875 06/06/2022 7,810,000 8,435,326
Vertafore, Inc., Term Loan (2013), 10/3/19 4.25 10/03/2019 5,768,666 5,777,683
National Financial Partners 1st Lien Tl-B L + 3.5% 01jul20 4.5 07/01/2020 2,716,350 2,714,229
Macquarie Group, Ltd., 6.25%, 1/14/21 (144A) 6.25 01/14/2021 7,750,000 9,103,057
AdvancePierre Foods, Inc., Term Loan (First Lien), 7/10/17 5.75 07/10/2017 1,353,281 1,357,299
Mirror BidCo Corp., New Incremental Term Loan, 12/18/19 4.25 12/18/2019 7,024,236 7,016,916
Nordea Bank AB, 4.25%, 9/21/22 (144A) 4.25 09/21/2022 17,800,000 18,847,148
Pangaea Zero% 01jul18 0.0 07/01/2018 11,730,000 12,788,046
Mythen Re, Ltd., Floating Rate Note, 5/7/15 (Cat Bond) (144A) 8.5424 05/07/2015 2,250,000 2,284,763
Dynegy, Inc., Tranche B-2 Term Loan, 4/23/20 4.0 04/23/2020 2,839,244 2,847,608
HCA, Inc., 6.5%, 2/15/20 6.5 02/15/2020 3,800,000 4,310,361
Government National Mortgage Association I, 4.0%, 4/15/39 4.0 04/15/2039 80,758 27,943
Oasis Petroleum, Inc., 6.875%, 3/15/22 6.875 03/15/2022 7,870,000 7,697,297
Fannie Mae, 7.0%, 2/1/29 7.0 02/01/2029 43,569 607
Government National Mortgage Association I, 4.0%, 7/15/41 4.0 07/15/2041 67,258 36,459
Par Pharmaceutical Cos Inc 1st Lien Tl-B3 L + 3.25% 28sep19 4.25 09/28/2019 1,995,000 2,003,728
Province of Salta Argentina, 9.5%, 3/16/22 (144A) 9.5 03/16/2022 4,900,000 3,930,545
Government National Mortgage Association I, 4.0%, 12/15/40 4.0 12/15/2040 40,000 17,915
TimberStar Trust I REMICS, 5.668%, 10/15/36 (144A) 5.668 10/15/2036 750,000 797,296
Blackstone Holdings Finance Co LLC, 5.0%, 6/15/44 (144A) 5.0 06/15/2044 7,925,000 8,710,924
WR Grace & Co-Conn, U.S. Term Loan, 1/23/21 2.75 01/23/2021 769,695 770,863
Port Freeport Texas, 5.95%, 5/15/33 5.95 05/15/2033 15,970,000 18,248,404
Cobalt International Energy, Inc., 2.625%, 12/1/19 2.625 12/01/2019 11,835,000 8,706,122
Government National Mortgage Association I, 4.0%, 3/15/39 4.0 03/15/2039 50,000 16,547
Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15 REMICS, 2.979%, 4/17/47 2.979 04/17/2047 5,025,000 5,236,952
Longpoint Re, Ltd. III, Floating Rate Note, 5/18/16 (Cat Bond) (144A) 3.9752 05/18/2016 50,000 50,497
Fannie Mae, 6.0%, 12/1/32 6.0 12/01/2032 3,234,929 74,050
Gold Fields Orogen Holdings BVI, Ltd., 4.875%, 10/7/20 (144A) 4.875 10/07/2020 18,840,000 17,152,643
Government National Mortgage Association I, 4.0%, 10/15/41 4.0 10/15/2041 40,383 28,030
New York City Transitional Finance Authority Future Tax Secured Revenue, 5.0%, 11/1/33 5.0 11/01/2033 1,400,000 1,653,167
Ship Midco, Ltd., Facility B2A-II, 11/29/19 5.25 11/29/2019 1,807,218 1,818,889
Fannie Mae, 4.0%, 11/1/43 4.0 11/01/2043 8,931,305 9,251,144
Fannie Mae, 4.0%, 1/1/42 4.0 01/01/2042 2,795,670 1,116,490
Fannie Mae, 4.0%, 5/1/44 4.0 05/01/2044 16,300,000 14,746,007
Minerva Luxembourg SA, 12.25%, 2/10/22 (144A) 12.25 02/10/2022 5,000,000 5,636,771
U.S. Treasury Bonds, 3.625%, 8/15/43 3.625 08/15/2043 25,000,000 30,663,430
MHP SA, 8.25%, 4/2/20 (144A) 8.25 04/02/2020 10,800,000 7,505,145
Fannie Mae, 4.5%, 3/1/41 4.5 03/01/2041 2,414,394 1,423,035
Platform Specialty Products Corp., 6.5%, 2/1/22 (144A) 6.5 02/01/2022 3,395,000 3,583,941
DR Horton, Inc., 5.75%, 8/15/23 5.75 08/15/2023 7,780,000 8,479,011
Fannie Mae, 5.5%, 6/1/33 5.5 06/01/2033 852,000 37,995
Government National Mortgage Association I, 4.0%, 11/15/41 4.0 11/15/2041 55,926 24,221
Fannie Mae, 5.0%, 8/1/35 5.0 08/01/2035 24,222,081 2,652,435
Government National Mortgage Association I, 4.0%, 9/15/44 4.0 09/15/2044 11,865,000 11,679,153
Federal Home Loan Mortgage Corp., 5.0%, 5/1/34 5.0 05/01/2034 1,278,937 70,756
Chesapeake Funding LLC, Floating Rate Note, 5/7/24 (144A) 1.325 05/07/2024 1,700,000 1,707,714
Banc of America Alternative Loan Trust 2004-3, 5.0%, 4/25/19 5.0 04/25/2019 2,680,000 234,577
On Assignment, Inc., Initial Term B Loan, 5/15/20 3.5 05/15/2020 3,419,750 3,421,176
Volcan Cia Minera SAA, 5.375%, 2/2/22 (144A) 5.375 02/02/2022 3,360,000 3,223,278
Kane Zero% 22jan16 0.0 01/22/2016 7,246,500 7,340,705
Gazprom OAO Via Gaz Capital SA, 8.146%, 4/11/18 (144A) 8.146 04/11/2018 765,000 828,852
Bayview Opportunity Master Fund IIA Trust 2012-4NPL Series III, Floating Rate Note, 2/28/35 (144A) 3.721 02/28/2035 2,100,000 2,101,878
Federal Home Loan Mortgage Corp., 3.5%, 11/1/28 3.5 11/01/2028 10,730,077 10,069,644
Queen Street IV Capital, Ltd., Floating Rate Note, 4/9/15 (Cat Bond) (144A) 7.5 04/09/2015 3,150,000 3,207,750
Wynn Las Vegas LLC, 5.375%, 3/15/22 5.375 03/15/2022 345,000 357,899
DBUBS 2011-LC1 Mortgage Trust, Floating Rate Note, 11/13/46 (144A) 5.5574 11/13/2046 2,950,000 3,361,276
Inter-American Development Bank, 7.25%, 7/17/17 7.25 07/17/2017 22,600,000,000 1,794,326
Glenn Pool Oil & Gas Trust, Term Loan, 5/2/16 4.5 05/02/2016 2,863,606 2,856,447
Vanguard Natural Resources LLC, 7.875%, 4/1/20 7.875 04/01/2020 3,650,000 3,483,469
Government National Mortgage Association I, 4.0%, 9/15/44 4.0 09/15/2044 8,587,315 8,954,564
The Medicines Co., 2.5%, 1/15/22 (144A) 2.5 01/15/2022 6,350,000 6,907,255
Sempra Energy, 9.8%, 2/15/19 9.8 02/15/2019 50,000 64,989
Bear Stearns ARM Trust 2003-6, Floating Rate Note, 8/25/33 2.5786 08/25/2033 44,701,000 2,040,619
JP Morgan Chase Commercial Mortgage Securities Trust 2010-C2, Floating Rate Note, 11/15/43 (144A) 5.5058 11/15/2043 1,300,000 1,469,002
Macquarie Group, Ltd., 6.0%, 1/14/20 (144A) 6.0 01/14/2020 5,945,000 6,871,940
Nakilat, Inc., 6.267%, 12/31/33 (144A) 6.267 12/31/2033 4,240,000 4,507,849
Velocity Commercial Capital Loan Trust 2014-1, Floating Rate Note, 9/25/44 (144A) 2.171 09/25/2044 6,300,000 5,605,830
Bayview Commercial Asset Trust 2007-2, 0.0%, 7/27/37 (Step) (144A) 0.0 07/27/2037 49,000,000 0
Kane-Pi1 Flt% 07jul16 0.0 07/07/2016 7,017,560 7,026,683
Digital Realty Trust, Inc., 5.875% (Perpetual) 5.875 12/31/2049 100,000 2,426,000
FREMF Mortgage Trust 2011-K12, Floating Rate Note, 1/25/46 (144A) 4.3467 01/25/2046 3,953,000 4,301,034
Empresa Electrica Angamos SA, 4.875%, 5/25/29 (144A) 4.875 05/25/2029 9,485,000 9,542,503
The Williams Companies, Inc., 7.75%, 6/15/31 7.75 06/15/2031 8,880,000 10,388,023
Merna Reinsurance, Ltd., Floating Rate Note, 4/9/18 (Cat Bond) (144A)   04/09/2018 1,250,000 1,249,000
Government National Mortgage Association I, 6.5%, 8/15/32 6.5 08/15/2032 703,797 44,158
Alliant Holdings I, Inc., Initial Term Loan, 12/20/19 5.0 12/20/2019 1,687,436 1,689,195
Alternative Loan Trust 2005-J4, Floating Rate Note, 7/25/35 1.1338 07/25/2035 6,900,000 6,199,672
Mythen Re, Ltd., Floating Rate Note, 5/7/15 (Cat Bond) (144A) 8.0424 05/07/2015 10,950,000 11,107,042
Federal Home Loan Mortgage Corp., 6.0%, 3/1/33 6.0 03/01/2033 563,857 11,308
Coveris Holdings SA, USD Term Loan, 4/14/19 5.25 04/14/2019 4,137,625 4,166,071
FREMF Mortgage Trust 2011-K10 , Floating Rate Note, 11/25/49 (144A) 4.6177 11/25/2049 5,600,000 6,165,377
Equity One Mortgage Pass-Through Trust 2004-1, 4.205%, 4/25/34 (Step) 4.205 04/25/2034 1,250,000 59,782
JBS Finance II, Ltd., 8.25%, 1/29/18 (144A) 8.25 01/29/2018 3,713,000 3,889,398
Worthington Industries, Inc., 4.55%, 4/15/26 4.55 04/15/2026 3,875,000 4,241,628
Fannie Mae, 6.5%, 5/1/31 6.5 05/01/2031 392,161 2,069
Texas Municipal Gas Acquisition & Supply Corp III, 5.0%, 12/15/31 5.0 12/15/2031 9,165,000 10,266,562
Santander Drive Auto Receivables Trust 2012-5, 2.7%, 8/15/18 2.7 08/15/2018 3,700,000 3,757,946
CeramTec Service GmbH, Initial Dollar Term B-1 Loan, 8/30/20 4.25 08/30/2020 5,333,544 5,350,211
TAM Capital 3, Inc., 8.375%, 6/3/21 (144A) 8.375 06/03/2021 4,965,000 5,131,086
Irwin Whole Loan Home Equity Trust 2005-C, Floating Rate Note, 3/25/25 1.2238 03/25/2025 1,900,000 326,466
Federal Home Loan Mortgage Corp., 5.0%, 11/1/39 5.0 11/01/2039 39,051,129 11,139,549
Kenya Government International Bond, 5.875%, 6/24/19 (144A) 5.875 06/24/2019 4,385,000 4,582,675
JPMorgan Chase & Co., Floating Rate Note, 8/29/49 6.75 08/29/2049 21,451,000 23,515,659
Bombardier Recreational Products, Inc., Term B Loan, 1/30/19 4.0 01/30/2019 4,000,000 4,000,832
Government National Mortgage Association I, 6.5%, 8/15/32 6.5 08/15/2032 344,471 4,385
Universal Hospital Services, Inc., 7.625%, 8/15/20 7.625 08/15/2020 171,000 151,291
Leaf Receivables Funding 8 LLC, 5.5%, 9/15/20 (144A) 5.5 09/15/2020 2,141,566 2,173,778
Government National Mortgage Association I, 6.0%, 9/15/33 6.0 09/15/2033 1,501,891 83,192
Government National Mortgage Association I, 6.0%, 1/15/17 6.0 01/15/2017 5,010,192 38,572
Select Medical Corp., Series E Tranche B Term Loan, 6/1/18 3.75 06/01/2018 1,992,902 1,995,393
EQTY 2014-INNS Mortgage Trust, Floating Rate Note, 5/8/31 (144A) 3.621 05/08/2031 5,200,000 5,199,769
Alternative Loan Trust 2003-16T1, 5.25%, 9/25/33 5.25 09/25/2033 7,855,000 3,240,515
Government National Mortgage Association II, 4.5%, 9/20/41 4.5 09/20/2041 17,265,000 8,169,889
Government National Mortgage Association I, 6.5%, 11/15/32 6.5 11/15/2032 2,258,707 82,787
FMG Resources August 2006 Pty, Ltd., Loan, 6/30/19 3.75 06/30/2019 2,787,991 2,528,111
FREMF Mortgage Trust 2013-K502, Floating Rate Note, 3/27/45 (144A) 3.1912 03/27/2045 1,000,000 1,021,273
Westgate Resorts 2012-2 LLC, 4.5%, 1/21/25 (144A) 4.5 01/21/2025 3,725,000 947,760
Instituto Costarricense de Electricidad, 6.95%, 11/10/21 (144A) 6.95 11/10/2021 8,380,000 9,037,586
Government National Mortgage Association I, 3.5%, 9/15/44 3.5 09/15/2044 16,575,713 16,661,310
East Lane Re V, Ltd., Floating Rate Note, 3/16/16 (Cat Bond) (144A) 9.0101 03/16/2016 850,000 889,610
Ziggo Bv Us 1st Lien Tl-B2 L + 2.75% 15jan22 3.385 01/15/2022 1,668,085 1,659,224
Wells Fargo Mortgage Backed Securities 2005-AR7 Trust, Floating Rate Note, 5/25/35 5.0846 05/25/2035 5,258,000 4,493,124
Government National Mortgage Association I, 6.0%, 10/15/37 6.0 10/15/2037 4,575,221 564,691
Fannie Mae, 3.5%, 4/1/29 3.5 04/01/2029 8,000,000 7,153,011
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 5.91 01/15/2035 4,650,000 1,873,983
Federal National Mortgage Association REMICS, 5.0%, 9/25/39 5.0 09/25/2039 3,078,000 470,910
Government National Mortgage Association I, 4.0%, 12/15/41 4.0 12/15/2041 100,000 27,730
Structured Asset Securities Corp Mortgage Pass-Through Ctfs Ser 2003-24A, Floating Rate Note, 7/25/3 2.4432 07/25/2033 12,475,000 1,466,329
Pilot Travel Centers Llc 1st Lien Tl-B L + 3.25% 01oct21 4.25 10/01/2021 2,686,940 2,713,809
WR Grace & Co-Conn, Delayed Draw Term Loan, 1/23/21 2.75 01/23/2021 276,973 277,394
Government National Mortgage Association I, 4.0%, 5/15/43 4.0 05/15/2043 25,254 24,598
New Residential Mortgage Loan Trust 2014-3, Floating Rate Note, 11/25/54 (144A) 3.75 11/25/2054 7,093,312 6,889,948
Fannie Mae, 6.5%, 11/1/32 6.5 11/01/2032 400,000 9,489
Poland Government Bond, 5.5%, 4/25/15 5.5 04/25/2015 13,000,000 3,637,034
STORE Master Funding LLC, 4.21%, 4/20/44 (144A) 4.21 04/20/2044 165,000 171,268
Federal Home Loan Mortgage Corp., 3.5%, 8/1/43 3.5 08/01/2043 6,782,428 6,619,340
Albertsons LLC, Term B-2 Loan, 3/21/19 5.375 03/21/2019 1,995,000 2,009,651
Petsmart Inc 1st Lien Tl-B L + 4% 18feb22 5.0 02/18/2022 5,206,830 5,251,208
Fannie Mae, 3.5%, 7/1/43 3.5 07/01/2043 17,883,284 17,544,353
Albertsons Llc 1st Lien Term Loa L + 5.2669% 11aug21 5.5253 08/11/2021 1,500,000 1,514,166
Origen Manufactured Housing Contract Trust 2005-A, Floating Rate Note, 6/15/36 5.46 06/15/2036 2,518,000 1,204,929
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 4.7 10/15/2022 11,560,000 12,439,950
Government National Mortgage Association II, 4.5%, 1/20/35 4.5 01/20/2035 4,000,000 711,114
Home Equity Loan Trust 2003-HS4, Floating Rate Note, 1/25/29 0.4338 01/25/2029 735,000 6,990
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 5.95 04/15/2042 3,825,000 3,467,045
Government National Mortgage Association I, 4.0%, 9/15/44 4.0 09/15/2044 2,104,379 2,041,938
Ormat Funding Corp., 8.25%, 12/30/20 8.25 12/30/2020 6,405,000 3,036,739
Waste Industries Usa Inc 1st Lien Tl-B L + 3.25% 20feb20 4.25 02/20/2020 2,675,000 2,686,703
Micron Technology, Inc., 5.25%, 8/1/23 (144A) 5.25 08/01/2023 13,185,000 13,527,261
Dole Food Co, Inc., Tranche B Term Loan, 10/25/18 4.5 10/25/2018 3,322,431 3,324,508
Fannie Mae, 6.0%, 7/1/17 6.0 07/01/2017 4,000,000 31,389
Applebee's Funding LLC/ IHOP Funding LLC, 4.277%, 9/5/44 (144A) 4.277 09/05/2044 10,363,000 10,758,192
Newhall Land Development LLC     269,588 876,161
Government National Mortgage Association I, 5.5%, 9/15/19 5.5 09/15/2019 2,522,582 242,685
Fannie Mae, 4.0%, 11/1/43 4.0 11/01/2043 3,398,541 3,096,886
Sirius International Group, Ltd., Floating Rate Note (Perpetual) (144A) 7.506 12/31/2049 12,390,000 13,291,044
Zebra Technologies Corporation 1st Lien Tl-B L + 4% 30sep21 4.75 09/30/2021 1,588,068 1,608,581
Oversea-Chinese Banking Corp, Ltd., Floating Rate Note, 10/15/24 (144A) 4.0 10/15/2024 4,000,000 4,242,818
Digital Realty Trust LP, 3.625%, 10/1/22 3.625 10/01/2022 6,300,000 6,428,621
Sensus USA, Inc., Term Loan (First Lien), 5/9/17 4.5 05/09/2017 1,427,939 1,429,724
Cemex SAB de CV, 7.25%, 1/15/21 (144A) 7.25 01/15/2021 3,400,000 3,681,539
CenturyLink, Inc., 6.45%, 6/15/21 6.45 06/15/2021 4,100,000 4,500,741
Government National Mortgage Association I, 5.75%, 10/15/38 5.75 10/15/2038 1,470,579 325,561
Carrington Mortgage Loan Trust Series 2006-FRE1, Floating Rate Note, 7/25/35 0.2838 07/25/2035 5,500,000 798,788
Government National Mortgage Association I, 4.0%, 12/15/44 4.0 12/15/2044 25,739 27,627
Remy International, Inc., Term B Loan 2013, 3/5/20 4.25 03/05/2020 8,519,164 8,551,111
Countrywide Asset-Backed Certificates, Floating Rate Note, 12/25/35 4.9583 12/25/2035 6,561,000 1,303,167
FREMF Mortgage Trust 2011-K702, Floating Rate Note, 4/25/44 (144A) 4.7711 04/25/2044 8,232,000 8,875,688
Reliance Holding USA, Inc., 4.5%, 10/19/20 (144A) 4.5 10/19/2020 3,125,000 3,398,516
Fannie Mae, 6.0%, 12/1/37 6.0 12/01/2037 7,118,373 317,670
Mid-State Capital Trust 2010-1, 5.25%, 12/15/45 (144A) 5.25 12/15/2045 3,000,000 2,248,719
JP Morgan Mortgage Trust 2014-IVR3, Floating Rate Note, 9/26/44 (144A) 3.2146 09/26/2044 8,399,600 7,291,946
Government National Mortgage Association I, 4.0%, 2/15/42 4.0 02/15/2042 45,422 27,605
VimpelCom Holdings BV, 7.5043%, 3/1/22 (144A) 7.5043 03/01/2022 11,600,000 11,078,042
Wells Fargo Commercial Mortgage Trust 2014-LC16 REMICS, 3.477%, 8/17/50 3.477 08/17/2050 7,000,000 7,431,883
Kinder Morgan Energy Partners LP, 5.95%, 2/15/18 5.95 02/15/2018 5,225,000 5,816,161
Rosetta Resources, Inc., 5.875%, 6/1/22 5.875 06/01/2022 503,000 483,928
Far East Capital, Ltd. SA, 8.0%, 5/2/18 (144A) 8.0 05/02/2018 3,750,000 1,474,167
Empresas ICA SAB de CV, 8.9%, 2/4/21 (144A) 8.9 02/04/2021 6,425,000 5,664,226
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 5.5 02/01/2043 21,530,000 23,191,829
Fannie Mae, 4.0%, 9/1/37 4.0 09/01/2037 1,307,922 942,332
Russian Federal Bond - OFZ, 7.6%, 7/20/22 7.6 07/20/2022 25,000 346
Government National Mortgage Association I, 4.5%, 3/15/38 4.5 03/15/2038 15,595,138 3,389,407
Fannie Mae, 5.5%, 4/1/36 5.5 04/01/2036 2,000,200 252,118
Morgan Stanley, Floating Rate Note (Perpetual) 7.125 12/31/2049 324,400 9,235,668
Windstream Corp., 6.375%, 8/1/23 6.375 08/01/2023 9,870,000 8,963,194
U.S. Treasury Bonds, 3.0%, 11/15/44 3.0 11/15/2044 5,000,000 5,535,283
JP Morgan Chase Commercial Mortgage Securities Trust 2006-FL2, Floating Rate Note, 11/15/18 (144A) 0.5345 11/15/2018 9,525,000 3,076,765
Government National Mortgage Association I, 4.0%, 8/15/41 4.0 08/15/2041 375,064 227,281
Valeant Pharmaceuticals Internatio 1st Lien Tl-Bf1 L + 3.25% 13mar22 4.0 03/13/2022 268,976 270,531
WireCo WorldGroup, Inc., Term Loan, 2/15/17 6.0 02/15/2017 2,774,751 2,774,751
Cequel Communications LLC, Term Loan, 2/14/19 3.5 02/14/2019 1,877,608 1,882,595
Government National Mortgage Association II, 5.5%, 10/20/37 5.5 10/20/2037 50,000 13,339
Kinder Morgan Energy Partners LP, 4.15%, 3/1/22 4.15 03/01/2022 11,960,000 12,356,215
BioScrip, Inc., Delayed Draw Term Loan, 7/31/20 6.5 07/31/2020 2,589,552 2,573,367
Verizon Communications, Inc., 6.55%, 9/15/43 6.55 09/15/2043 9,186,000 11,988,374
Residential Reinsurance 2011, Ltd., Floating Rate Note, 6/6/17 (Cat Bond) (144A) 8.9051 06/06/2017 3,250,000 3,309,240
Fannie Mae, 4.5%, 10/1/43 4.5 10/01/2043 11,002,820 8,966,499
Reynolds Group Issuer, Inc., 9.875%, 8/15/19 9.875 08/15/2019 5,795,000 6,273,772
American Homes 4 Rent 2014-SFR3 Trust, 4.596%, 12/18/36 (144A) 4.596 12/18/2036 5,000,000 5,303,585
Government National Mortgage Association I, 5.5%, 3/15/37 5.5 03/15/2037 5,905,797 143,806
Weight Watchers International, Inc., Initial Tranche B-2 Term Loan, 4/2/20 4.0 04/02/2020 2,572,006 1,384,866
Indianapolis Airport Authority, 5.1%, 1/15/17 5.1 01/15/2017 3,450,000 3,739,858
Government National Mortgage Association I, 6.0%, 2/15/33 6.0 02/15/2033 1,085,291 149,742
Electricite de France SA, 6.0%, 1/22/14 (144A) 6.0   23,175,000 28,381,519
Inter-American Development Bank, 4.5%, 2/4/16 4.5 02/04/2016 92,300,000,000 6,823,782
Government National Mortgage Association I, 6.0%, 2/15/33 6.0 02/15/2033 3,907,246 127,327
Federal Home Loan Mortgage Corp., 4.5%, 5/1/44 4.5 05/01/2044 204,050 180,730
Kilimanjaro Re, Ltd., Floating Rate Note, 4/30/18 (Cat Bond) (144A) 4.7652 04/30/2018 925,000 947,269
Prestige Brands, Inc., Term B-1 Loan, 1/31/19 4.125 01/31/2019 488,764 490,750
Mpg Holdco I Inc 1st Lien Tl-B L + 3.5% 13oct21 4.25 10/13/2021 7,546,257 7,594,070
Federal Home Loan Mortgage Corp., 6.0%, 12/1/36 6.0 12/01/2036 1,820,000 133,445
Metalloinvest Finance, Ltd., 5.625%, 4/17/20 (144A) 5.625 04/17/2020 6,200,000 5,720,275
Fannie Mae, 4.0%, 2/1/43