Pioneer Investments: Pioneer Strategic Income Fund


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Pioneer Strategic Income Fund

Monthly Portfolio Holdings as of 2/28/2014

Security Name Coupon Maturity Date Par / Shares Market Value($)
Credit-Based Asset Servicing and Securitization LLC, Floating Rate Note, 4/25/37 0.2455 04/25/2037 5,678,000 1,209,281
GSAA Home Equity Trust 2005-11, Floating Rate Note, 10/25/35 0.4055 10/25/2035 26,788,000 6,863,666
JP Morgan Mortgage Acquisition Trust 2006-ACC1, Floating Rate Note, 5/25/36 0.3055 05/25/2036 2,125,362 778,773
Vita Capital V, Ltd., Floating Rate Note, 1/15/17 (Cat Bond) (144A) 3.4384 01/15/2017 5,500,000 5,654,539
Mack-Cali Realty LP, 7.75%, 8/15/19 7.75 08/15/2019 980,000 1,183,248
AES Corp. Virginia, 6/1/18 3.75 05/27/2018 2,719,202 2,736,953
The Allstate Corp., Floating Rate Note, 1/15/53 5.1 01/15/2053 631,450 15,773,621
Nationstar Home Equity Loan Trust 2007-A, Floating Rate Note, 3/25/37 0.3055 03/25/2037 2,350,000 1,772,036
Credit Suisse Commercial Mortgage Trust Series 2007-C1, 5.361%, 2/15/40 5.361 02/15/2040 17,350,000 14,285,466
Health Care Real Estate Investment Trust, Inc., 4.5%, 1/15/24 4.5 01/15/2024 5,000,000 5,242,075
Nara Cable Funding, Ltd., 8.875%, 12/1/18 (144A) 8.875 12/01/2018 3,000,000 3,329,063
Metinvest BV, 8.75%, 2/14/18 (144A) 8.75 02/14/2018 5,675,000 4,989,074
Protective Life Corp., 7.375%, 10/15/19 7.375 10/15/2019 7,805,000 9,822,601
Drillships Financing Holding, Inc., 3/31/21 6.0 03/02/2021 5,696,375 5,823,359
Univar, Inc., 6/30/17 5.0 02/14/2017 6,478,702 6,447,656
Government National Mortgage Association II, 4.5%, 1/20/35 4.5 01/20/2035 4,000,000 877,608
Viasystems, Inc., 7.875%, 5/1/19 (144A) 7.875 05/01/2019 6,375,000 7,012,500
NBTY, Inc., 10/1/17 3.5 10/01/2017 0 0
City Center Trust 2011-CCHP, Floating Rate Note, 7/15/28 (144A) 4.65 07/15/2028 4,500,000 4,539,097
Government National Mortgage Association I, 5.0%, 10/15/18 5.0 10/15/2018 2,975,000 209,412
Madison Avenue Manufactured Housing Contract Trust 2002-A, Floating Rate Note, 3/25/32 2.4055 03/25/2032 7,961,000 5,417,760
Government National Mortgage Association I, 5.5%, 9/15/19 5.5 09/15/2019 2,338,171 147,980
Burger King Corp., 9/28/19 3.75 09/28/2019 0 0
Richland Towers Funding LLC, 7.87%, 3/15/16 (144A) 7.87 03/15/2016 3,250,000 3,453,680
Time Warner Cable, Inc., 8.25%, 4/1/19 8.25 04/01/2019 1,100,000 1,422,881
Holcim US Finance Sarl & Cie SCS, 6.0%, 12/30/19 (144A) 6.0 12/30/2019 1,900,000 2,206,006
Empresas ICA SAB de CV, 8.375%, 7/24/17 (144A) 8.375 07/24/2017 3,400,000 3,510,016
SandRidge Energy, Inc., 8.125%, 10/15/22 8.125 10/15/2022 1,840,000 2,034,478
Government National Mortgage Association I, 6.0%, 1/15/34 6.0 01/15/2034 1,135,007 95,192
Fannie Mae, 6.0%, 1/1/34 6.0 01/01/2034 1,800,000 144,178
Truven Health Analytics, Inc., 6/6/19 4.5 05/23/2019 6,944,647 6,962,008
JP Morgan Chase Commercial Mortgage Securities Trust 2011-C5, 4.1712%, 8/15/46 4.1712 08/15/2046 5,200,000 5,580,500
First American Financial Corp., 4.3%, 2/1/23 4.3 02/01/2023 5,750,000 5,620,874
Prestige Brands, Inc., 1/31/19 3.792 01/31/2019 668,539 672,857
William Marsh Rice University, 4.626%, 5/15/63 4.626 05/15/2063 5,100,000 5,055,625
Myriad International Holdings BV, 6.375%, 7/28/17 (144A) 6.375 07/28/2017 6,600,000 7,364,569
Delta Air Lines 2010-2 Class A Pass Through Trust, 4.95%, 11/23/19 4.95 05/23/2019 3,100,000 2,648,598
Mystic Re, Ltd., Floating Rate Note, 3/12/15 (Cat Bond) (144A) 12.0608 03/12/2015 3,600,000 3,901,560
Sunoco Logistics Partners Operations LP, 6.1%, 2/15/42 6.1 02/15/2042 10,390,000 11,015,583
Appvion, Inc., 6/28/19 5.75 06/04/2019 11,815,625 11,936,239
Alternative Loan Trust 2004-4CB, 4.25%, 4/25/34 4.25 04/25/2034 12,915,000 849,760
Summit Materials LLC, 1/30/19 5.0 01/30/2019 986,291 992,455
Flowserve Corp., 3.5%, 9/15/22 3.5 09/15/2022 1,755,000 1,744,001
Massachusetts Development Finance Agency, 5.375%, 4/1/41 5.375 04/01/2041 2,075,000 2,260,413
Mythen Re, Ltd. Series 2012-2 Class A, Floating Rate Note, 1/5/17 (Cat Bond) (144A) 8.549 01/05/2017 3,100,000 3,351,870
US Bancorp, Floating Rate Note, 12/31/49 (Perpetual) 6.5   234,750 6,486,143
Kane-Pi1 Flt% 07apr15 4.839 04/07/2015 3,766,000 3,785,359
COMM 2011-FL1 Mortgage Trust, Floating Rate Note, 7/17/28 (144A) 4.814 07/17/2028 1,800,000 586,370
BioScrip, Inc., 7/31/20 7.25 07/22/2020 3,019,722 3,044,257
Sequoia Mortgage Trust 2004-8, Floating Rate Note, 9/20/34 0.504 09/20/2034 11,000,000 1,067,825
JP Morgan Mortgage Trust 2013-2, Floating Rate Note, 5/25/43 (144A) 2.5 05/25/2043 4,348,000 3,924,235
Jefferies Resecuritization Trust 2009-R2, Floating Rate Note, 5/26/37 (144A) 2.5389 05/26/2037 3,350,000 944,762
Fannie Mae, 4.5%, 5/1/41 4.5 05/01/2041 24,220,767 9,510,116
Origen Manufactured Housing Contract Trust 2004-B, Floating Rate Note, 11/15/35 5.46 11/15/2035 2,000,000 1,921,831
Federal Home Loan Mortgage Corp., 3.5%, 10/1/40 3.5 10/01/2040 6,700,000 3,782,333
KGHM International, Ltd., 7.75%, 6/15/19 (144A) 7.75 06/15/2019 11,775,000 12,644,715
ACE Securities Corp Manufactured Housing Trust Series 2003-MH1, Floating Rate Note, 8/15/30 (144A) 6.5 08/15/2030 2,270,000 1,377,487
Government National Mortgage Association I, 6.0%, 3/15/33 6.0 03/15/2033 250,000 17,027
COMM 2000-C1 Mortgage Trust, Floating Rate Note, 8/15/33 (144A) 6.85 08/15/2033 1,400,000 195,443
Kentb 0% 11aug14 0.0 08/11/2014 243,000,000 2,692,670
AdvancePierre Foods, Inc., 7/10/17 5.75 06/17/2017 1,811,700 1,822,163
Language Line LLC, 6/20/16 6.25 05/30/2016 2,469,260 2,470,290
State of Florida, 4.0%, 6/1/27 4.0 06/01/2027 7,850,000 8,376,971
Energy XXI Gulf Coast, Inc., 7.5%, 12/15/21 (144A) 7.5 12/15/2021 16,950,000 17,981,125
California Republic Auto Receivables Trust 2012-1, 3.0%, 1/15/20 (144A) 3.0 01/15/2020 3,026,000 3,014,672
Fannie Mae, 5.5%, 6/1/33 5.5 06/01/2033 852,000 49,246
Government National Mortgage Association I, 6.0%, 8/15/32 6.0 08/15/2032 6,200,000 302,348
ING US, Inc., Floating Rate Note, 5/15/53 5.65 05/15/2053 2,700,000 2,690,918
Warner Chilcott Co LLC, 7.75%, 9/15/18 7.75 09/15/2018 5,540,000 6,125,778
JPMorgan Chase & Co., 1.0%, 9/20/17 500.0 09/20/2017 7,000,000 884,783
Poland Government Bond, 5.5%, 4/25/15 5.5 04/25/2015 13,000,000 4,641,172
Fannie Mae, 4.0%, 5/1/42 4.0 05/01/2042 150,000 131,578
Government National Mortgage Association, 3.0%, 4/20/41 3.0 04/20/2041 8,800,000 8,482,476
Fannie Mae, 6.5%, 8/1/32 6.5 08/01/2032 340,598 4,737
Brazos Harbor Industrial Development Corp., Floating Rate Note, 5/1/38 5.9 05/01/2038 7,050,000 7,527,191
MASTR Alternative Loan Trust 2004-13, Floating Rate Note, 1/25/35 6.0264 01/25/2035 6,500,000 1,454,779
The Hanover Insurance Group, Inc., 7.5%, 3/1/20 7.5 03/01/2020 6,267,000 7,773,894
Leaf Receivables Funding 8 LLC, 2.67%, 9/15/20 (144A) 2.67 09/15/2020 3,139,702 3,168,106
Government National Mortgage Association I, 5.5%, 3/15/37 5.5 03/15/2037 8,000,000 510,060
Ghana Government Bond, 26.0%, 6/5/17 26.0 06/05/2017 3,875,000 1,672,838
Frontier Communications Corp., 8.5%, 4/15/20 8.5 04/15/2020 11,090,000 13,165,062
Banco do Estado do Rio Grande do Sul SA, 7.375%, 2/2/22 (144A) 7.375 02/02/2022 2,400,000 2,432,258
Export-Import Bank of Korea, 5.875%, 1/14/15 5.875 01/14/2015 1,900,000 1,999,469
Aspen Insurance Holdings, Ltd., Floating Rate Note, 12/31/49 (Perpetual) 5.95   250,000 6,237,500
AngloGold Ashanti Holdings Plc, 5.375%, 4/15/20 5.375 04/15/2020 6,715,000 6,750,627
Government National Mortgage Association I, 6.0%, 3/15/33 6.0 03/15/2033 300,000 19,761
Chase Mortgage Finance Trust Series 2003-S11, 5.0%, 10/25/33 5.0 10/25/2033 6,300,000 329,840
Envision Healthcare Corp., 5/25/18 4.0 04/05/2018 1,979,684 1,989,114
DDR Corp., 4.625%, 7/15/22 4.625 07/15/2022 3,695,000 3,898,926
Oxford Finance Funding Trust 2012-1, 3.9%, 3/15/17 (144A) 3.9 03/15/2017 3,100,000 897,967
Vanguard Natural Resources LLC, 7.875%, 4/1/20 7.875 04/01/2020 3,650,000 4,052,641
Structured Adjustable Rate Mortgage Loan Trust, Floating Rate Note, 2/25/34 2.4978 02/25/2034 1,200,000 28,055
Freddie Mac Gold Pool, 4.0%, 4/10/14 4.0 04/10/2014 13,500,000 14,085,668
Nordea Bank AB, 4.25%, 9/21/22 (144A) 4.25 09/21/2022 17,800,000 18,299,982
Westgate Resorts 2012-A LLC, 3.75%, 8/20/25 (144A) 3.75 08/20/2025 1,250,000 927,011
VTB Bank OJSC Via VTB Capital SA, 6.0%, 4/12/17 (144A) 6.0 04/12/2017 7,800,000 8,429,200
Banc of America Mortgage 2005-H Trust, Floating Rate Note, 9/25/35 5.0993 09/25/2035 8,356,245 2,094,608
Alliance HealthCare Services, Inc., 6/3/19 4.25 05/31/2019 3,392,953 3,392,424
Government National Mortgage Association I, 4.5%, 8/15/41 4.5 08/15/2041 17,565,000 10,651,013
CVS Pass-Through Trust, 6.036%, 12/10/28 6.036 12/10/2028 1,300,000 1,185,681
GSR Mortgage Loan Trust 2005-1F, 6.0%, 2/25/35 6.0 02/25/2035 4,585,000 3,051,089
Credit Suisse Group AG, Floating Rate Note, 12/31/49 (Perpetual) (144A) 7.5 12/31/2049 1,600,000 1,784,747
Turkiye Garanti Bankasi AS, 7.375%, 3/7/18 (144A) 7.375 03/07/2018 14,400,000 5,636,271
Federal Home Loan Mortgage Corp., 6.0%, 12/1/36 6.0 12/01/2036 1,820,000 232,558
ArcelorMittal, 6.0%, 3/1/21 6.0 03/01/2021 10,385,000 11,527,350
Delta Air Lines 2010-1 Class B Pass Through Trust, 6.375%, 1/2/16 (144A) 6.375 01/02/2016 50,000 54,022
Scitor Corp., 2/15/17 5.0 01/21/2017 1,656,399 1,632,575
Goodman Funding Pty, Ltd., 6.0%, 3/22/22 (144A) 6.0 03/22/2022 9,250,000 10,396,732
Applied Systems, Inc., Initial Term Loan (First Lien), 1/15/21 4.25 01/15/2021 0 0
Oi SA, 5.75%, 2/10/22 (144A) 5.75 02/10/2022 9,080,000 8,679,156
Fannie Mae, 3.5%, 3/18/14 3.5 03/18/2014 32,000,000 33,882,889
Sector Re V, Ltd., 0.0%, 12/1/18 (Cat Bond) (144A) 0.0 12/01/2018 3,650,000 3,718,985
Government National Mortgage Association I, 7.0%, 5/15/31 7.0 05/15/2031 138,853 2,644
Federal Home Loan Mortgage Corp., 5.0%, 12/1/34 5.0 12/01/2034 4,668,054 520,272
Freddie Mac Gold Pool, 3.5%, 4/10/14 3.5 04/10/2014 6,750,000 6,812,859
Novelis, Inc. Georgia, 3/10/17 3.75 03/10/2017 1,734,576 1,745,727
Transportadora de Gas del Peru SA, 4.25%, 4/30/28 (144A) 4.25 04/30/2028 6,200,000 5,544,565
Citicorp Mortgage Securities Trust Series 2006-1, 5.0%, 2/25/36 5.0 02/25/2036 35,000 6,301
IRSA Inversiones y Representaciones SA, 8.5%, 2/2/17 (144A) 8.5 02/02/2017 50,000 47,967
University of Virginia, 5.0%, 6/1/43 5.0 06/01/2043 5,100,000 5,679,207
Sealed Air Corp., Replacement Term Loan, 10/3/18 3.0 10/03/2018 738,993 744,305
CorpGroup Banking SA, 6.75%, 3/15/23 (144A) 6.75 03/15/2023 8,500,000 8,579,475
ArcelorMittal, 5.75%, 8/5/20 5.75 08/05/2020 2,950,000 3,168,751
AutoTrader.com, Inc., 12/15/16 4.0 12/15/2016 6,496,300 6,528,782
Viterra, Inc., 5.95%, 8/1/20 (144A) 5.95 08/01/2020 12,880,000 14,318,314
Banc of America Mortgage Trust 2004-7, 4.5%, 8/25/19 4.5 08/25/2019 5,418,000 545,684
RPI Finance Trust, Term B-3 Term Loan, 11/9/18 3.25 11/09/2018 7,990,934 8,049,867
The Goodyear Tire & Rubber Co., 4/30/19 4.75 03/27/2019 9,925,000 10,030,453
Maryland Health & Higher Educational Facilities Authority, 5.0%, 7/1/41 5.0 07/01/2041 3,700,000 4,034,529
KB Home, 1.375%, 2/1/19 1.375 02/01/2019 7,375,000 7,982,669
Government National Mortgage Association I, 6.0%, 9/15/33 6.0 09/15/2033 1,501,891 83,002
Urbi Desarrollos Urbanos SAB de CV, 0.0%, 2/3/22 (144A) 0.0 02/03/2022 3,975,000 640,969
Residential Asset Securitization Trust 2004-A7, Floating Rate Note, 10/25/34 0.6055 10/25/2034 28,000,000 2,308,413
Government National Mortgage Association II, 6.0%, 10/20/33 6.0 10/20/2033 3,655,000 358,812
Immucor, Inc., 8/19/18 5.0 08/19/2018 8,129,261 8,185,149
Chesapeake Energy Corp., 12/2/17 5.75 12/02/2017 1,300,000 1,330,063
Government National Mortgage Association I, 5.5%, 12/15/35 5.5 12/15/2035 2,360,900 411,290
Minerva Luxembourg SA, 7.75%, 1/31/23 (144A) 7.75 01/31/2023 6,600,000 6,586,296
COMM 2012-CCRE4 Mortgage Trust, 3.251%, 10/15/45 3.251 10/15/2045 2,365,416 2,304,945
Aircastle, Ltd., 6.25%, 12/1/19 6.25 12/01/2019 3,775,000 4,173,734
Wynn Las Vegas LLC, 4.25%, 5/30/23 (144A) 4.25 05/30/2023 5,420,000 5,329,177
Westgate Resorts 2012-2 LLC, 4.5%, 1/20/25 (144A) 4.5 01/20/2025 3,725,000 1,992,840
Weight Watchers International, Inc., 4/2/20 4.0 04/02/2020 5,855,750 4,533,814
Metropolitan Transit Authority of Harris County, 5.0%, 11/1/41 5.0 11/01/2041 6,500,000 7,051,633
Credit Suisse Group Guernsey I, Ltd., Floating Rate Note, 2/24/41 7.875 02/24/2041 9,825,000 10,731,663
RAMP Series 2005-EFC2 Trust, Floating Rate Note, 7/25/35 0.6255 07/25/2035 2,200,000 1,170,012
Fannie Mae, 7.0%, 7/1/31 7.0 07/01/2031 306,031 1,229
Alta Wind Holdings LLC, 7.0%, 6/30/35 (144A) 7.0 06/30/2035 1,600,000 1,516,058
Commercial Mortgage Pass Through Certificates, 2.822%, 11/15/45 2.822 10/15/2045 2,575,000 2,486,198
Waste Industries USA, Inc., 3/17/17 4.0 02/23/2017 3,524,822 3,538,012
Resolute Forest Products, Inc., 5.875%, 5/15/23 (144A) 5.875 05/15/2023 11,110,000 11,079,988
AccentCare, Inc., 12/22/16 6.5 12/22/2016 2,319,129 1,246,532
First Data Corp., 3/23/18 4.1555 03/24/2018 1,528,214 1,534,764
Drug Royalty II LP 1, 4.474%, 1/15/25 (144A) 4.474 01/15/2025 2,200,000 1,691,662
Impac Secured Assets Trust 2006-5, Floating Rate Note, 12/25/36 0.3555 12/25/2036 16,700,000 4,656,414
Houston Higher Education Finance Corp., 4.5%, 11/15/37 4.5 11/15/2037 8,850,000 9,133,820
Chesapeake Energy Corp., 2.25%, 12/15/38 2.25 12/15/2038 4,600,000 4,325,725
Structured Asset Investment Loan Trust 2005-4, Floating Rate Note, 5/25/35 0.7555 05/25/2035 100,000 21,500
Federal Home Loan Mortgage Corp., 6.0%, 12/1/37 6.0 12/01/2037 5,000,000 430,217
Nomura Asset Acceptance Corp Alternative Loan Trust Series 2003-A3, 5.5%, 8/25/33 (Step) 5.5 08/25/2033 43,853,000 3,177,928
Crown Castle Towers LLC, 6.113%, 1/15/20 (144A) 6.113 01/15/2020 3,135,000 3,613,774
Lincoln National Corp., 8.75%, 7/1/19 8.75 07/01/2019 2,600,000 3,419,963
Cirsa Funding Luxembourg SA, 8.75%, 5/15/18 (144A) 8.75 05/15/2018 3,750,000 5,534,390
Allegheny Technologies, Inc., 9.375%, 6/1/19 9.375 06/01/2019 3,645,000 4,552,713
Israel Electric Corp, Ltd., 5.625%, 6/21/18 (144A) 5.625 06/21/2018 5,000,000 5,364,688
Goldcorp, Inc., 3.7%, 3/15/23 3.7 03/15/2023 7,300,000 7,094,301
Protection One, Inc., 3/21/19 4.25 03/20/2019 1,509,594 1,513,368
Wells Fargo Mortgage Backed Securities 2005-AR10 Trust, Floating Rate Note, 6/25/35 2.6171 06/25/2035 4,600,000 1,651,527
Government National Mortgage Association I, 6.5%, 8/15/32 6.5 08/15/2032 300,000 4,967
Government National Mortgage Association I, 6.5%, 5/15/29 6.5 05/15/2029 169,368 3,302
Marfrig Holding Europe BV, 11.25%, 9/20/21 (144A) 11.25 09/20/2021 4,400,000 4,643,375
FREMF Mortgage Trust 2013-K502, Floating Rate Note, 3/25/45 (144A) 3.1964 03/25/2045 1,000,000 998,672
Microsemi Corp., 2/19/20 3.75 02/19/2020 3,705,283 3,719,756
Infor US, Inc., Tranche B-5 Term Loan, 6/3/20 3.75 06/03/2020 0 0
Verizon Communications, Inc., 6.55%, 9/15/43 6.55 09/15/2043 16,440,000 20,613,112
Tempur Sealy International, Inc., 3/18/20 3.5 03/18/2020 1,313,265 1,315,493
RALI Series 2003-QS1 Trust, 5.0%, 1/25/33 5.0 01/25/2033 20,000,000 273,107
Rosneft Finance SA, 6.625%, 3/20/17 (144A) 6.625 03/20/2017 1,395,000 1,575,832
Mythen Re, Ltd., Floating Rate Note, 5/7/15 (Cat Bond) (144A) 8.5316 05/07/2015 250,000 265,828
Alternative Loan Trust 2003-J1, 4.75%, 10/25/33 4.75 10/25/2033 20,470,000 1,159,532
Hilcorp Energy I LP, 7.625%, 4/15/21 (144A) 7.625 04/15/2021 5,768,000 6,453,270
Credit-Based Asset Servicing and Securitization LLC, 5.70426%, 10/25/36 (Step) (144A) 5.7043 10/25/2036 1,600,000 1,574,638
Cobalt International Energy, Inc., 2.625%, 12/1/19 2.625 12/01/2019 15,310,000 14,874,622
Liberty Tire Recycling LLC, 11.0%, 10/1/16 (144A) 11.0 10/01/2016 6,050,000 6,145,792
Impac CMB Trust Series 2004-7, Floating Rate Note, 11/25/34 0.8955 11/25/2034 142,771,000 10,250,857
Government National Mortgage Association II, 6.5%, 1/20/28 6.5 01/20/2028 32,371 527
Reynolds Group Issuer, Inc., 9.875%, 8/15/19 9.875 08/15/2019 5,795,000 6,559,296
Citigroup, Inc., Floating Rate Note, 12/31/49 (Perpetual) 5.95 12/29/2049 12,945,000 12,849,513
DTEK Finance Plc, 7.875%, 4/4/18 (144A) 7.875 04/04/2018 9,400,000 7,728,269
Conseco Financial Corp., Floating Rate Note, 12/1/28 6.24 12/01/2028 4,121,000 243,517
Government National Mortgage Association, Floating Rate Note, 10/16/43 1.1385 10/16/2043 67,175,000 1,989,032
Noranda Aluminum Acquisition Corp., 2/28/19 5.75 02/17/2019 1,061,100 1,015,340
Virgin Media Investment Holdings, Ltd., 6/8/20 3.5 02/06/2020 25,310,000 25,310,000
Banc of America Alternative Loan Trust 2003-7, 5.5%, 9/25/33 5.5 09/25/2033 17,910,000 4,098,529
Fannie Mae, 6.0%, 4/1/38 6.0 04/01/2038 5,765,562 658,888
Energy Transfer Partners LP, Floating Rate Note, 11/1/66 3.2594 11/01/2066 4,234,000 3,884,829
Countrywide Asset-Backed Certificates, Floating Rate Note, 2/25/36 5.069 02/25/2036 6,561,000 1,284,923
Irvine Core Office Trust 2013-IRV, Floating Rate Note, 5/15/48 (144A) 3.1731 05/15/2048 6,944,736 6,701,434
RALI Series 2003-QS14 Trust, 5.0%, 7/25/18 5.0 07/25/2018 8,600,000 698,801
Vishay Intertechnology, Inc., 2.25%, 5/15/41 (144A) 2.25 05/15/2041 13,410,000 12,224,891
Macquarie Group, Ltd., 7.625%, 8/13/19 (144A) 7.625 08/13/2019 5,460,000 6,627,307
Bumi Resources Tbk PT, 11/7/14 4.6074 11/07/2014 1,063,333 1,063,333
Triton Container Finance LLC, 4.21%, 5/14/27 (144A) 4.21 05/14/2027 5,415,000 4,500,760
Kronos, Inc., 10/30/19 4.5 10/02/2019 736,760 742,286
COMM 2012-CCRE2 Mortgage Trust, 3.147%, 8/15/45 3.147 08/15/2045 3,650,000 3,617,984
Mcron Finance Sub LLC, 8.375%, 5/15/19 (144A) 8.375 05/15/2019 150,000 170,761
Cinedigm Digital Funding I LLC, 2/28/18 3.75 03/31/2016 2,696,507 2,706,619
Residential Reinsurance 2012, Ltd., Floating Rate Note, 6/6/16 (Cat Bond) (144A) 8.0659 06/06/2016 4,500,000 5,040,850
Kiowa Power Partners LLC, 5.737%, 3/30/21 (144A) 5.737 03/30/2021 3,775,000 4,080,571
FREMF Mortgage Trust 2012-K501, Floating Rate Note, 11/25/46 (144A) 3.4861 11/25/2046 2,750,000 2,835,773
Fannie Mae, 6.0%, 3/1/32 6.0 03/01/2032 100,000 2,937
Desarrolladora Homex SAB de CV, 0.0%, 12/11/19 (144A) 0.0 12/11/2019 3,140,000 502,400
Residential Asset Securitization Trust 2004-A10, 5.5%, 2/25/35 5.5 02/25/2035 26,205,000 1,066,665
Government National Mortgage Association I, 7.0%, 5/15/29 7.0 05/15/2029 55,127 658
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 5.8159 12/06/2016 7,100,000 7,513,762
Altair Re, Floating Rate Note, 4/30/16 (Cat Bond) 0.0 04/30/2016 4,724,859 5,247,901
Jefferies Finance LLC, 7.375%, 4/1/20 (144A) 7.375 04/01/2020 1,825,000 1,986,018
Gold Fields Orogen Holding BVI, Ltd., 4.875%, 10/7/20 (144A) 4.875 10/07/2020 27,140,000 24,154,600
Enel Finance International NV, 5.125%, 10/7/19 (144A) 5.125 10/07/2019 215,000 239,981
Peermont Global Pty, Ltd., 7.75%, 4/30/14 7.75 04/30/2014 4,166,000 5,905,009
U.S. Treasury Bonds, 3.625%, 8/15/43 3.625 08/15/2043 25,000,000 25,199,098
Origen Manufactured Housing Contract Trust 2004-A, Floating Rate Note, 1/15/35 5.91 01/15/2035 4,650,000 2,270,343
Telesat Canada, 3/28/19 3.5 03/28/2019 10,716,572 10,760,725
WebMD Health Corp., 2.5%, 1/31/18 2.5 01/31/2018 2,430,000 2,489,906
Rosneft Finance SA, 7.875%, 3/13/18 (144A) 7.875 03/13/2018 1,250,000 1,486,563
Coleman Cable, Inc., 9.0%, 2/15/18 9.0 02/15/2018 3,349,000 3,521,474
Wells Fargo Mortgage Backed Securities 2003-L Trust, Floating Rate Note, 11/25/33 2.5349 11/25/2033 6,500,000 578,610
BRF SA, 3.95%, 5/22/23 (144A) 3.95 05/22/2023 3,500,000 3,074,269
Government National Mortgage Association I, 5.5%, 2/15/35 5.5 02/15/2035 7,341,300 863,613
Merrill Lynch Mortgage Investors Trust Series 2005-2, Floating Rate Note, 10/25/35 2.38 10/25/2035 4,594,419 1,297,437
JP Morgan Mortgage Trust 2005-A7, Floating Rate Note, 10/25/35 5.0645 10/25/2035 8,415,000 1,555,836
Carrington Mortgage Loan Trust Series 2006-FRE1, Floating Rate Note, 7/25/36 0.2655 07/25/2036 5,500,000 1,213,867
Federal Home Loan Mortgage Corp., 4.0%, 1/1/44 4.0 01/01/2044 6,491,414 6,776,612
Arc Automotive Group, Inc., 11/15/18 6.25 11/01/2018 4,469,850 4,503,374
Federal National Mortgage Association REMICS, 3.5%, 1/25/29 3.5 01/25/2029 6,000,000 189,919
Digicel, Ltd., 8.25%, 9/1/17 (144A) 8.25 09/01/2017 6,600,000 7,136,250
Federal Home Loan Mortgage Corp., 5.0%, 12/1/21 5.0 12/01/2021 6,525,000 700,528
Wynn Las Vegas LLC, 5.375%, 3/15/22 5.375 03/15/2022 11,470,000 12,327,781
Springleaf Mortgage Loan Trust 2012-3, Floating Rate Note, 12/25/59 (144A) 5.3 12/25/2059 1,100,000 1,116,248
The PNC Financial Services Group, Inc., Floating Rate Note, 2/21/49 (Perpetual) 4.4536 05/29/2049 15,605,000 15,636,049
Healthcare Realty Trust, Inc., 5.75%, 1/15/21 5.75 01/15/2021 3,370,000 3,753,888
Home Equity Loan Trust 2003-HS4, Floating Rate Note, 1/25/29 0.4155 01/25/2029 735,000 10,826
Windstream Corp., 6.375%, 8/1/23 6.375 08/01/2023 9,870,000 9,774,384
DAE Aviation Holdings, Inc., Replacement Tranche B-1 Loan, 11/2/18   11/02/2018 7,081,699 7,190,864
Government National Mortgage Association I, 5.5%, 2/15/37 5.5 02/15/2037 172 30
inVentiv Health, Inc., 5/15/18 7.75 06/24/2018 386,603 384,912
Citicorp Residential Mortgage Trust Series 2006-2, 5.948%, 9/25/36 (Step) 5.948 09/25/2036 2,300,000 1,213,040
Fannie Mae, 3.5%, 11/1/42 3.5 11/01/2042 1,150,000 1,142,587
ConvaTec, Inc., 12/22/16 4.0 12/01/2016 4,126,422 4,152,212
State of Washington, 5.0%, 8/1/39 5.0 08/01/2039 5,600,000 6,046,861
Combine Re, Ltd., Floating Rate Note, 1/7/15 (Cat Bond) (144A) 4.7429 01/07/2015 3,900,000 3,991,845
JBS Finance II, Ltd., 8.25%, 1/29/18 (144A) 8.25 01/29/2018 3,713,000 3,996,426
Fixed Income Trust Series 2013-A, 0.0%, 10/15/97 (Step) (144A) 0.0   6,250,000 3,547,437
GSAMP Trust 2006-SEA1, Floating Rate Note, 5/25/36 (144A) 0.4555 05/25/2036 6,500,000 765,208
Yavapai County Industrial Development Authority, Floating Rate Note, 3/1/28 4.9 03/01/2028 1,400,000 1,466,402
Par Pharmaceutical Companies, Inc., 9/30/19 4.25 09/28/2019 9,282,735 9,336,111
SandRidge Energy, Inc., 7.5%, 3/15/21 7.5 03/15/2021 1,860,000 2,031,275
DR Horton, Inc., 5.75%, 8/15/23 5.75 08/15/2023 7,780,000 8,169,432
GSAMP Trust 2006-HE8, Floating Rate Note, 1/25/37 0.2855 01/25/2037 1,256,000 367,703
Flextronics International, Ltd., 4.625%, 2/15/20 4.625 02/15/2020 4,615,000 4,711,018
RALI Series 2003-QS11 Trust, 5.25%, 6/25/33 5.25 06/25/2033 1,413,328 800,831
Government National Mortgage Association I, 5.5%, 10/15/19 5.5 10/15/2019 3,000,000 479,746
Norway Government Bond, 2.0%, 5/24/23 2.0 05/24/2023 63,500,000 10,031,187
Sensus USA, Inc., 5/9/17 4.75 04/13/2017 1,446,481 1,455,296
Wells Fargo & Co., 7.5%, 12/31/49 (Perpetual) 7.5   38,527 45,384,806
Countrywide Asset-Backed Certificates, Floating Rate Note, 10/25/35 4.456 10/25/2035 17,887,563 1,328,090
Fannie Mae, 4.0%, 2/1/42 4.0 02/01/2042 5,800,000 3,334,245
Omnicare, Inc., 3.25%, 12/15/35 3.25 12/15/2035 2,080,000 2,224,271
Piedmont Operating Partnership LP, 3.4%, 6/1/23 3.4 06/01/2023 11,130,000 10,410,568
USI, Inc. New York, 7.75%, 1/15/21 (144A) 7.75 01/15/2021 100,000 104,990
Government National Mortgage Association I, 6.0%, 7/15/38 6.0 07/15/2038 8,868,732 1,235,656
Queensland Treasury Corp., 5.75%, 7/22/24 5.75 07/22/2024 17,900,000 17,553,812
Fannie Mae, 4.5%, 4/1/41 4.5 04/01/2041 25,000 12,432
MetroPCS Wireless, Inc., 7.875%, 9/1/18 7.875 09/01/2018 6,500,000 7,178,438
COMM 2012-LC4 Mortgage Trust, Floating Rate Note, 12/10/44 4.934 12/10/2044 1,550,000 1,663,548
RALI Series 2004-QS5 Trust, Floating Rate Note, 4/25/34 0.7555 04/25/2034 13,200,000 963,031
Impac Secured Assets CMN Owner Trust, Floating Rate Note, 11/25/34 0.9555 11/25/2034 2,126,623 60,658
Merrill Lynch Mortgage Investors Trust Series MLMI 2005-A2, Floating Rate Note, 2/25/35 2.4852 02/25/2035 19,238,000 4,620,319
RAMP Series 2006-RZ3 Trust, Floating Rate Note, 8/25/36 0.3155 08/25/2036 2,600,000 793,871
Axalta Coating Systems US Holdings, Inc., Refinanced Term B Loan, 2/1/20 3.2376 02/01/2020 7,543,000 7,600,161
Ranpak Corp., 4/23/19 4.5 04/10/2019 3,096,626 3,121,786
Bayview Opportunity Master Fund Trust 2013-3RPL, 3.721%, 4/28/18 (Step) (144A) 3.721 04/28/2018 3,000,000 2,017,190
GATX Corp., 6.0%, 2/15/18 6.0 02/15/2018 6,865,000 7,824,203
Fannie Mae, 7.5%, 1/1/28 7.5 01/01/2028 115,000 1,487
Red de Carreteras de Occidente SAPIB de CV, 9.0%, 6/10/28 (144A) 9.0 06/10/2028 87,500,000 5,850,098
Mexican Udibonos, 3.5%, 12/14/17 3.5 12/14/2017 44,360,000 18,526,588
Alternative Loan Trust 2004-2CB, 5.75%, 3/25/34 5.75 03/25/2034 1,878,000 3,421,377
Morgan Stanley Capital I Trust 2007-HQ13, 5.569%, 12/15/44 5.569 12/15/2044 5,000,000 5,481,034
Pelican Products, Inc., Repriced Term Loan (First Lien), 6/9/18 4.6074 06/09/2018 5,828,756 5,881,594
Lehman Brothers Small Balance Commercial, Floating Rate Note, 4/25/31 (144A) 0.3755 04/25/2031 8,695,768 1,855,638
Government National Mortgage Association I, 5.0%, 9/15/33 5.0 09/15/2033 5,011,663 883,827
Ferrexpo Finance Plc, 7.875%, 4/7/16 (144A) 7.875 04/07/2016 8,725,000 8,214,588
Vedanta Resources Plc, 9.5%, 7/18/18 (144A) 9.5 07/18/2018 4,040,000 4,590,843
Legg Mason, Inc., 5.625%, 1/15/44 5.625 01/15/2044 6,310,000 6,503,917
Government National Mortgage Association I, 6.0%, 11/15/16 6.0 11/15/2016 1,500,000 23,874
Blue Danube II, Ltd., Floating Rate Note, 5/23/16 (Cat Bond) (144A) 4.2969 05/23/2016 5,200,000 5,300,863
Marfrig Holding Europe BV, 9.875%, 7/24/17 (144A) 9.875 07/24/2017 9,500,000 9,786,418
FREMF Mortgage Trust 2011-K12, Floating Rate Note, 1/25/46 (144A) 4.347 01/25/2046 3,953,000 4,059,844
Metinvest BV, 10.25%, 5/20/15 (144A) 10.25 05/20/2015 5,555,000 5,409,220
Government National Mortgage Association I, 6.0%, 8/15/16 6.0 08/15/2016 43,573 485
Mexican Bonos, 7.5%, 6/3/27 7.5 06/03/2027 20,600,000 1,688,887
Government National Mortgage Association I, 4.0%, 4/22/14 4.0 04/22/2014 11,250,000 11,916,094
Government National Mortgage Association I, 4.5%, 7/15/41 4.5 07/15/2041 2,197,000 1,538,646
WFRBS Commercial Mortgage Trust 2011-C4, Floating Rate Note, 6/15/44 (144A) 5.2475 06/15/2044 2,000,000 2,088,522
Arcelik AS, 5.0%, 4/3/23 (144A) 5.0 04/03/2023 7,600,000 6,825,222
Waupaca Foundry, Inc., 6/29/17 4.5 06/29/2017 3,897,777 3,907,521
GSAMP Trust 2005-HE2, Floating Rate Note, 3/25/35 0.8005 03/25/2035 2,700,000 334,910
Sequoia Mortgage Trust 2003-5, Floating Rate Note, 9/20/33 0.774 09/20/2033 24,486,444 1,301,903
Fannie Mae, 7.0%, 5/1/28 7.0 05/01/2028 200,000 2,064
Fannie Mae, 6.5%, 6/1/31 6.5 06/01/2031 25,095 404
Queen City Re, Floating Rate Note, 1/6/19 (Cat Bond) (144A) 3.5304 01/06/2019 1,000,000 996,400
Confie seguros Holding II Co., 11/9/18 5.75 11/09/2018 1,665,386 1,667,468
Chrysler Group LLC, 5/24/17 3.5 05/24/2017 18,414,097 18,473,224
Minerva Luxembourg SA, 12.25%, 2/10/22 (144A) 12.25 02/10/2022 5,000,000 5,585,729
Government National Mortgage Association I, 5.5%, 4/15/33 5.5 04/15/2033 184,273 9,868
Scientific Games International, Inc., 9.25%, 6/15/19 9.25 06/15/2019 3,774,000 4,083,573
GCI, Inc., 8.625%, 11/15/19 8.625 11/15/2019 1,500,000 1,650,594
MacDermid, Inc., 6/7/20 4.0 06/06/2020 2,786,000 2,806,895
Croatia Government International Bond, 5.5%, 4/4/23 (144A) 5.5 04/04/2023 7,900,000 8,156,421
Sanders Re, Ltd., Floating Rate Note, 5/5/17 (Cat Bond) (144A) 3.5558 05/05/2017 3,000,000 3,017,517
Concho Resources, Inc., 6.5%, 1/15/22 6.5 01/15/2022 5,125,000 5,648,035
Exopack Holdings SA, 4/14/19 5.25 04/14/2019 4,190,000 4,256,340
Norway Government Bond, 4.25%, 5/19/17 4.25 05/19/2017 129,080,000 23,854,612
Israel Electric Corp, Ltd., 9.375%, 1/28/20 (144A) 9.375 01/28/2020 1,330,000 1,640,680
Residential Reinsurance 2011, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 8.805 06/06/2015 7,100,000 7,671,264
Government National Mortgage Association I, 6.5%, 7/15/32 6.5 07/15/2032 350,000 8,147
Gazprom OAO Via Gaz Capital SA, 8.146%, 4/11/18 (144A) 8.146 04/11/2018 765,000 911,634
Service Corp International United States, 8.0%, 11/15/21 8.0 11/15/2021 3,322,000 3,911,009
Alternative Loan Trust 2003-16T1, 5.25%, 9/25/33 5.25 09/25/2033 7,200,000 3,716,191
Morgan Stanley, 4.1%, 5/22/23 4.1 05/22/2023 13,200,000 13,287,965
Government National Mortgage Association I, 6.0%, 7/15/33 6.0 07/15/2033 2,789,309 284,790
The Hertz Corp., 3/11/18 3.75 03/11/2018 1,237,500 1,242,040
Brookfield Residential Properties, Inc., 6.5%, 12/15/20 (144A) 6.5 12/15/2020 3,460,000 3,723,729
Government National Mortgage Association I, 7.5%, 8/15/29 7.5 08/15/2029 100,063 134
Vitality Re IV, Ltd., Floating Rate Note, 1/9/17 (Cat Bond) (144A) 2.8058 01/09/2017 2,200,000 2,255,947
Amortizing Residential Collateral Trust 2002-BC1, Floating Rate Note, 1/25/32 1.4305 01/25/2032 9,500,000 380,917
County of King Washington Sewer Revenue, 5.125%, 1/1/41 5.125 01/01/2041 3,000,000 3,243,065
Government National Mortgage Association I, 6.0%, 11/15/33 6.0 11/15/2033 3,200,000 429,360
UBS AG, 7.625%, 8/17/22 7.625 08/17/2022 32,775,000 38,989,870
Baylor University, 4.313%, 3/1/42 4.313 03/01/2042 4,550,000 4,351,961
Central American Bottling Corp., 6.75%, 2/9/22 (144A) 6.75 02/09/2022 2,795,000 2,925,317
DaVita HealthCare Partners, Inc., 10/20/16 4.5 10/20/2016 2,231,000 2,244,107
Remy International, Inc., 3/5/20 4.25 02/28/2020 4,786,939 4,804,890
NRG Energy, Inc., 7.625%, 5/15/19 7.625 05/15/2019 4,675,000 5,002,023
Houston Higher Education Finance Corp., 5.0%, 5/15/40 5.0 05/15/2040 4,700,000 5,259,545
DuPont Fabros Technology LP, 5.875%, 9/15/21 5.875 09/15/2021 9,205,000 9,947,121
Bear Stearns ARM Trust 2004-9, Floating Rate Note, 11/25/34 3.0868 11/25/2034 27,154,758 3,855,705
Impac CMB Trust Series 2004-9, Floating Rate Note, 1/25/35 0.9155 01/25/2035 43,500,000 3,060,759
Banc of America Mortgage 2003-I Trust, Floating Rate Note, 10/25/33 2.8241 10/25/2033 24,096,000 5,529,425
Metropolitan Water Reclamation District of Greater Chicago, 5.0%, 12/1/32 5.0 12/01/2032 4,420,000 4,816,209
GS Mortgage Securities Corp II, 3.682%, 2/10/46 (144A) 3.682 02/10/2046 4,500,000 4,315,232
Government National Mortgage Association I, 5.0%, 10/15/18 5.0 10/15/2018 402,294 40,890
Nigeria Treasury Bill, 0.0%, 4/24/14 0.0 04/24/2014 1,916,310,000 11,409,213
Parish of St John the Baptist Louisiana, 5.125%, 6/1/37 5.125 06/01/2037 8,470,000 8,606,812
Government National Mortgage Association I, 6.5%, 3/15/32 6.5 03/15/2032 205,947 3,695
Indonesia Treasury Bond, 7.0%, 5/15/27 7.0 05/15/2027 23,752,000,000 1,784,735
Government National Mortgage Association I, 6.5%, 11/15/32 6.5 11/15/2032 2,258,707 98,705
Phosagro OAO via Phosagro Bond Funding, Ltd., 4.204%, 2/13/18 (144A) 4.204 02/13/2018 5,550,000 5,526,979
JP Morgan Chase Commercial Mortgage Securities Trust 2006-FL2, Floating Rate Note, 11/15/18 (144A) 0.5145 11/15/2018 9,525,000 3,020,992
Validus Holdings, Ltd., 8.875%, 1/26/40 8.875 01/26/2040 7,880,000 10,844,901
WireCo WorldGroup, Inc., 2/15/17 6.0 04/13/2017 972,688 981,806
FMG Resources August 2006 Pty, Ltd., Loan, 6/30/19 4.25 06/30/2019 2,424,399 2,451,673
Government National Mortgage Association I, 6.0%, 2/15/33 6.0 02/15/2033 3,907,246 148,392
Kinetic Concepts, Inc., Dollar Term E-1 Loan, 5/4/18   05/04/2018 4,738,854 4,761,364
JPMorgan Chase & Co., 4.25%, 11/2/18 4.25 11/02/2018 15,300,000 12,488,887
Samson Investment Co., 10.5%, 2/15/20 (144A) 10.5 02/15/2020 4,710,000 5,256,491
New York State Dormitory Authority, 5.0%, 7/1/40 5.0 07/01/2040 6,100,000 6,738,141
MMC Norilsk Nickel OJSC via MMC Finance, Ltd., 5.55%, 10/28/20 (144A) 5.55 10/28/2020 8,500,000 8,687,786
InterGen NV, 7.0%, 6/30/23 (144A) 7.0 06/30/2023 4,750,000 5,079,465
Corp Financiera de Desarrollo SA, 4.75%, 2/8/22 (144A) 4.75 02/08/2022 3,705,000 3,702,350
Marfrig Holding Europe BV, 8.375%, 5/9/18 (144A) 8.375 05/09/2018 4,150,000 4,092,131
Government National Mortgage Association I, 6.0%, 7/15/17 6.0 07/15/2017 6,000,000 166,161
Reynolds Group Issuer, Inc., 7.125%, 4/15/19 7.125 04/15/2019 4,075,000 4,444,467
EGL, Inc., 8/31/16 4.6074 08/31/2016 913,509 913,225
Government National Mortgage Association I, 6.5%, 7/15/32 6.5 07/15/2032 800,000 11,673
Liberty Mutual Group, Inc., 7.3%, 6/15/14 (144A) 7.3 06/15/2014 1,560,000 1,610,820
Glenn Pool Oil & Gas Trust, 5/2/16 4.5 06/01/2016 5,675,811 5,739,664
Wells Fargo Mortgage Backed Securities 2004-V Trust, Floating Rate Note, 10/25/34 2.6215 10/25/2034 9,498,000 1,634,474
Samarco Mineracao SA, 4.125%, 11/1/22 (144A) 4.125 11/01/2022 7,600,000 7,077,500
Citicorp Mortgage Securities Trust Series 2007-2, 5.5%, 2/25/22 5.5 02/25/2022 5,080,000 115,549
RFMSI Series 2005-S5 Trust, 5.25%, 7/25/35 5.25 07/25/2035 7,648,459 4,758,321
The Reynolds & Reynolds Co., 4/21/16 2.1545 03/09/2018 0 0
AEP Industries, Inc., 8.25%, 4/15/19 8.25 04/15/2019 1,690,000 1,852,522
Virtual Radiologic Corp., 12/22/16 7.2529 12/22/2016 2,437,500 1,502,109
Government National Mortgage Association I, 6.5%, 10/15/31 6.5 10/15/2031 316,324 6,951
Bayview Opportunity Master Fund IIa Trust 2013 Trust 2013-2RPL, 3.721%, 3/28/18 (Step) (144A) 3.721 03/28/2018 2,250,000 1,346,698
RASC Series 2007-KS3 Trust, Floating Rate Note, 4/25/37 0.3355 04/25/2037 9,800,000 4,079,659
Indonesia Treasury Bond, 7.0%, 5/15/22 7.0 05/15/2022 34,113,000,000 2,755,738
Bear Stearns Asset Backed Securities Trust 2006-4, Floating Rate Note, 10/25/36 0.2855 10/25/2036 10,448,000 611,052
Fannie Mae, 5.0%, 7/1/40 5.0 07/01/2040 11,275,000 4,150,266
Bosphorus 1 Re, Ltd., Floating Rate Note, 5/3/16 (Cat Bond) (144A) 2.5608 05/03/2016 1,400,000 1,406,549
RegionalCare Hospital Partners, Inc., 11/4/18 7.0 11/04/2018 3,217,561 3,161,254
Lightstream Resources, Ltd., 8.625%, 2/1/20 (144A) 8.625 02/01/2020 3,220,000 3,315,594
Eastman Chemical Co., 4.8%, 9/1/42 4.8 09/01/2042 4,140,000 4,159,599
CCO Holdings LLC, 6.625%, 1/31/22 6.625 01/31/2022 10,705,000 11,595,708
WPE International Cooperatief UA, 10.375%, 9/30/20 (144A) 10.375 09/30/2020 4,760,000 3,134,543
Fannie Mae, 6.5%, 7/1/31 6.5 07/01/2031 125,419 3,034
Fannie Mae, 4.0%, 11/1/41 4.0 11/01/2041 7,857,077 3,481,943
Fannie Mae, 6.5%, 5/1/31 6.5 05/01/2031 392,161 4,664
Bear Stearns ALT-A Trust 2005-2, Floating Rate Note, 3/25/35 0.6555 03/25/2035 10,000,000 659,415
Interactive Data Corp., 2/11/18 3.75 02/11/2018 6,367,709 6,391,588
Federal Home Loan Mortgage Corp., 5.5%, 10/1/16 5.5 10/01/2016 1,152,073 10,341
Tomkins LLC, 9/29/16 3.75 09/29/2016 1,752,859 1,762,938
JPMorgan Chase & Co., Floating Rate Note, 12/31/49 (Perpetual) 5.15 12/29/2049 13,860,000 13,335,630
Senior Housing Properties Trust, 6.75%, 4/15/20 6.75 04/15/2020 11,518,000 13,363,207
PQ Corp., 8/7/17 4.5 08/07/2017 6,286,500 6,325,791
RFMSI Series 2005-S6 Trust, 5.25%, 8/25/35 5.25 08/25/2035 100,000 42,476
Ameriprise Financial, Inc., Floating Rate Note, 6/1/66 7.518 06/01/2066 8,324,000 9,375,280
Rentech Nitrogen Partners LP, 6.5%, 4/15/21 (144A) 6.5 04/15/2021 1,375,000 1,381,264
East Lane Re V, Ltd., Floating Rate Note, 3/16/16 (Cat Bond) (144A) 9.065 03/16/2016 850,000 933,853
Cequel Communications LLC, 2/14/19 3.5 01/31/2019 2,006,515 2,009,643
Firstar Realty LLC, 8.875%, 12/31/49 (Perpetual) (144A) 8.875   3,250 3,958,906
Home Equity Asset Trust 2006-4, Floating Rate Note, 8/25/36 0.3255 08/25/2036 7,062,778 2,415,926
Goodman Funding Pty, Ltd., 6.375%, 4/15/21 (144A) 6.375 04/15/2021 12,525,000 14,535,079
Mill US Acquisition LLC, 7/3/20 4.75 05/23/2020 3,258,625 3,286,121
Structured Asset Securities Corp Mortgage Pass-Through Ctfs Ser 2003-24A, Floating Rate Note, 7/25/3 2.4505 07/25/2033 12,475,000 1,675,847
New York State Dormitory Authority, 5.0%, 10/1/41 5.0 10/01/2041 15,040,000 16,640,757
Queen Street II Capital, Ltd., Floating Rate Note, 4/9/14 (Cat Bond) (144A) 7.565 04/09/2014 3,200,000 3,257,573
Linn Energy LLC, 7.0%, 11/1/19 (144A) 7.0 11/01/2019 100,000 106,583
Structured Asset Securities Corp Mortgage Loan Trust 2007-BC2, Floating Rate Note, 3/25/37 0.2855 03/25/2037 1,300,000 1,056,019
Fannie Mae, 6.0%, 12/1/32 6.0 12/01/2032 3,234,929 103,434
Calpine Construction Finance Co LP, 5/3/20 3.0 05/01/2020 1,420,250 1,406,048
South Carolina State Public Service Authority, 5.0%, 12/1/43 5.0 12/01/2043 17,135,000 17,909,673
DDR Corp., 4.75%, 4/15/18 4.75 04/15/2018 1,261,000 1,395,252
Sirius International Group, Ltd., Floating Rate Note, 12/31/49 (Perpetual) (144A) 7.506 05/29/2049 12,390,000 13,175,718
US Silica Co., 7/23/20 4.0 05/31/2020 1,916,072 1,928,047
BioMed Realty LP, 4.25%, 7/15/22 4.25 07/15/2022 3,865,000 3,869,656
Turkiye Is Bankasi, 6.0%, 10/24/22 (144A) 6.0 10/24/2022 5,100,000 4,698,970
Chaparral Energy, Inc., 7.625%, 11/15/22 7.625 11/15/2022 3,475,000 3,848,394
GSR Mortgage Loan Trust 2005-AR1, Floating Rate Note, 1/25/35 2.6361 01/25/2035 5,200,000 1,265,224
Bowdoin College, 4.693%, 7/1/12 4.693   4,550,000 4,131,549
GTP Cellular Sites LLC, 3.721%, 3/15/17 (144A) 3.721 03/15/2017 3,200,000 3,246,194
International Bank for Reconstruction & Development, 3.25%, 4/14/14 3.25 04/14/2014 198,500,000 34,099,699
JP Morgan Mortgage Trust 2013-2, Floating Rate Note, 5/25/43 (144A) 3.723 05/25/2043 3,983,000 3,759,290
Aeropuertos Dominicanos Siglo XXI SA, 9.25%, 11/13/19 (144A) 9.25 11/13/2019 2,215,000 1,866,588
Wells Fargo Commercial Mortgage Trust 2012-LC5, Floating Rate Note, 10/15/45 4.693 10/15/2045 1,775,000 1,808,645
Tyco Electronics Group SA, 6.55%, 10/1/17 6.55 10/01/2017 4,485,000 5,331,767
Mexican Bonos, 6.5%, 6/9/22 6.5 06/09/2022 272,040,000 21,248,695
DCT Industrial Operating Partnership LP, 4.5%, 10/15/23 (144A) 4.5 10/15/2023 7,300,000 7,413,354
Government National Mortgage Association I, 6.0%, 10/15/33 6.0 10/15/2033 3,000,000 140,817
BioScrip, Inc., 7/31/20 7.25 07/22/2020 5,032,869 5,073,762
Alexandria Real Estate Equities, Inc., 3.9%, 6/15/23 3.9 06/15/2023 4,802,000 4,684,866
Velo Holdings, Inc., 2/2/18 15.0 12/03/2017 11,524 11,639
RCMC LLC, 5.62346%, 11/15/44 (144A) 5.6235 11/15/2044 2,512,000 2,228,151
CEVA GROUP Plc, 0.0%, 12/31/14 0.0 12/31/2014 2,313 2,255,614
Carrington Mortgage Loan Trust Series 2005-NC1, Floating Rate Note, 2/25/35 0.8905 02/25/2035 7,505,000 2,585,471
Government National Mortgage Association I, 6.0%, 7/15/14 6.0 07/15/2014 99,990 141
Government National Mortgage Association II, 6.0%, 5/20/32 6.0 05/20/2032 3,000,000 110,149
Fannie Mae, 4.0%, 1/1/42 4.0 01/01/2042 2,795,670 1,355,747
Essar Steel Algoma, Inc., 9.375%, 3/15/15 (144A) 9.375 03/15/2015 5,660,000 5,833,927
Gruposura Finance, 5.7%, 5/18/21 (144A) 5.7 05/18/2021 4,710,000 4,981,100
UCFC Manufactured Housing Contract, Floating Rate Note, 4/15/29 6.995 04/15/2029 1,500,000 231,291
Cronos Containers Program, Ltd., 3.81%, 9/18/27 (144A) 3.81 09/18/2027 3,500,000 3,038,110
Vedanta Resources Plc, 8.25%, 6/7/21 (144A) 8.25 06/07/2021 3,635,000 3,895,811
Banc of America Mortgage 2004-L Trust, Floating Rate Note, 1/25/35 2.9388 01/25/2035 13,021,996 702,876
Banco de Credito del Peru Panama, Floating Rate Note, 11/6/69 (144A) 9.75 11/06/2069 1,753,000 2,072,740
Queen Street VII Re, Ltd., Floating Rate Note, 4/8/16 (Cat Bond) (144A) 8.6558 04/08/2016 4,800,000 5,124,293
Rovi Solutions Corp., 3/29/19 3.5 03/29/2019 3,997,781 3,990,285
Banc of America Mortgage 2004-E Trust, Floating Rate Note, 6/25/34 2.6991 06/25/2034 43,244,000 1,167,976
Livingston International, Inc., 4/18/19 5.0 04/18/2019 1,293,500 1,301,584
Bear Stearns ARM Trust 2003-6, Floating Rate Note, 8/25/33 2.7486 08/25/2033 7,486,000 427,991
Ares VR CLO, Ltd., Floating Rate Note, 2/24/18 (144A) 2.1356 02/24/2018 550,000 480,098
Turkey Government Bond, 10.5%, 1/15/20 10.5 01/15/2020 21,830,000 10,087,066
STORE Master Funding LLC, 4.16%, 3/20/43 (144A) 4.16 03/20/2043 1,100,000 1,101,760
Magnesita Finance, Ltd., 8.625%, 12/31/49 (Perpetual) (144A) 8.625 04/29/2049 4,200,000 4,004,350
MASTR Alternative Loan Trust 2004-10, 5.5%, 10/25/19 5.5 10/25/2019 28,445,000 2,735,250
Intel Corp., 2.95%, 12/15/35 2.95 12/15/2035 24,862,000 28,513,054
Massachusetts Development Finance Agency, 5.25%, 4/1/37 5.25 04/01/2037 6,550,000 7,111,040
BBVA Bancomer SA Texas, 6.5%, 3/10/21 (144A) 6.5 03/10/2021 23,300,000 25,999,888
Kodiak Oil & Gas Corp., 8.125%, 12/1/19 8.125 12/01/2019 85,000 96,289
Alternative Loan Trust Resecuritization 2003-23T2R, 4.25%, 9/25/33 4.25 09/25/2033 44,943,000 1,873,312
Government National Mortgage Association I, 5.5%, 3/15/37 5.5 03/15/2037 5,905,797 267,699
IASIS Healthcare LLC, 5/3/18 4.5 05/03/2018 4,685,494 4,713,284
Banc of America Funding 2010-R4 Trust, Floating Rate Note, 8/26/36 (144A) 0.2882 08/26/2036 6,900,000 1,899,417
Loma Reinsurance, Ltd. Bermuda, Floating Rate Note, 1/8/18 (Cat Bond) (144A)   01/08/2018 1,700,000 1,735,700
Sector Re V, Ltd., 0.0%, 3/1/18 (Cat Bond) (144A) 0.0 03/01/2018 5,600,000 6,986,000
Plains Exploration & Production Co., 6.75%, 2/1/22 6.75 02/01/2022 165,000 183,253
Nuance Communications, Inc., 2.75%, 11/1/31 2.75 11/01/2031 9,565,000 9,568,985
Freeport-McMoRan Copper & Gold, Inc., 3.875%, 3/15/23 3.875 03/15/2023 8,860,000 8,732,434
Fannie Mae, 5.0%, 6/1/22 5.0 06/01/2022 2,077,680 232,971
Tronox Pigments BV, 3/19/20 4.5 01/24/2017 1,750,223 1,758,974
MSO of Puerto Rico, Inc., 12/12/17 9.75 12/12/2017 2,050,537 2,065,916
First Data Corp., 2021 New Dollar Term Loan, 3/24/21   03/24/2021 115,933 116,199
Rain CII Carbon LLC, 8.0%, 12/1/18 (144A) 8.0 12/01/2018 3,875,000 4,126,875
WINDSOR QUALITY FOOD CO, Ltd., Term B Loan, 12/23/20 5.0 12/23/2020 875,000 878,281
Electricite de France, 6.0%, 1/22/14 (144A) 6.0   21,925,000 22,902,855
Far East Capital, Ltd. SA, 8.0%, 5/2/18 (144A) 8.0 05/02/2018 3,750,000 3,492,917
WCP Wireless Site Funding, 6.829%, 11/15/15 (144A) 6.829 11/15/2015 6,650,000 7,025,919
Wells Fargo Home Equity Asset-Backed Securities 2005-3 Trust, Floating Rate Note, 12/25/35 0.5655 12/25/2035 2,600,000 1,095,224
City of Houston Texas Airport System Revenue, 6.75%, 7/1/29 6.75 07/01/2029 10,250,000 10,366,748
CNO Financial Group, Inc., 9/28/18 3.75 09/04/2018 4,821,432 4,836,499
Health & Educational Facilities Authority of the State of Missouri, 5.0%, 11/15/39 5.0 11/15/2039 8,880,000 9,796,791
Tesoro Corp., 5.375%, 10/1/22 5.375 10/01/2022 9,480,000 10,000,413
Israel Electric Corp, Ltd., 6.7%, 2/10/17 (144A) 6.7 02/10/2017 4,150,000 4,539,720
U.S. Treasury Bonds, 4.375%, 11/15/39 4.375 11/15/2039 23,290,000 27,096,419
NSG Holdings LLC, 12/11/19 3.75 11/15/2019 4,015,757 4,035,835
Del Monte 1st Lien Tl-B L + 0% 24feb20   02/24/2020 4,398,396 4,411,226
State of Wisconsin, 5.75%, 5/1/33 5.75 05/01/2033 3,650,000 4,161,134
Exterran Holdings, Inc., 7.25%, 12/1/18 7.25 12/01/2018 7,300,000 7,852,063
Alternative Loan Trust 2004-12CB, 5.0%, 7/25/19 5.0 07/25/2019 5,200,000 5,390,719
Mack-Cali Realty LP, 3.15%, 5/15/23 3.15 05/15/2023 5,975,000 5,424,033
Weatherford International, Ltd. Bermuda, 5.95%, 4/15/42 5.95 04/15/2042 3,825,000 4,150,055
Nara Cable Funding II, Ltd., 8.5%, 3/1/20 (144A) 8.5 03/01/2020 1,600,000 2,712,529
Continental Airlines 1999-1 Class B Pass Through Trust, 6.795%, 8/2/18 6.795 08/02/2018 3,500,000 437,640
Valeant Pharmaceuticals International, Inc., 7.5%, 7/15/21 (144A) 7.5 07/15/2021 8,085,000 9,294,381
Romania Government Bond, 5.85%, 4/26/23 5.85 04/26/2023 83,320,000 27,527,159
Adjustable Rate Mortgage Trust 2004-4, Floating Rate Note, 3/25/35 2.4331 03/25/2035 7,975,000 518,677
ALROSA Finance SA, 8.875%, 11/17/14 (144A) 8.875 11/17/2014 100,000 107,424
Brazil Minas SPE via State of Minas Gerais, 5.333%, 2/15/28 (144A) 5.333 02/15/2028 17,900,000 17,208,527
Star Energy Geothermal Wayang Windu, Ltd., 6.125%, 3/27/20 (144A) 6.125 03/27/2020 7,850,000 7,975,845
TAM Capital 3, Inc., 8.375%, 6/3/21 (144A) 8.375 06/03/2021 4,965,000 5,321,101
Texas Municipal Gas Acquisition & Supply Corp III, 5.0%, 12/15/31 5.0 12/15/2031 9,165,000 9,457,323
Corporate Office Properties LP, 3.6%, 5/15/23 3.6 05/15/2023 6,450,000 6,057,195
Sequoia Mortgage Trust 2005-2, Floating Rate Note, 3/20/35 0.374 03/20/2035 16,000,000 1,763,075
Government National Mortgage Association II, 4.5%, 9/20/41 4.5 09/20/2041 17,265,000 10,247,600
Capital One Bank USA NA, 8.8%, 7/15/19 8.8 07/15/2019 2,030,000 2,643,231
Government National Mortgage Association I, 5.5%, 9/15/19 5.5 09/15/2019 2,037,648 128,813
Government National Mortgage Association, 4.973%, 4/16/42 4.973 04/16/2042 1,575,000 1,700,359
Allegiant Travel Co., 3/10/17 5.7519 02/17/2017 2,820,250 2,834,351
Government National Mortgage Association I, 6.0%, 5/15/33 6.0 05/15/2033 1,292,064 65,410
Banc of America Funding 2005-5 Trust, 5.5%, 9/25/35 5.5 09/25/2035 13,508,000 2,897,229
AmeriCredit Automobile Receivables Trust 2013-1, 1.57%, 1/8/19 1.57 01/08/2019 3,350,000 3,332,476
Massachusetts Development Finance Agency, 5.0%, 10/15/40 5.0 10/15/2040 3,700,000 4,171,746
Government National Mortgage Association I, 4.5%, 9/15/33 4.5 09/15/2033 2,256,215 378,868
Commercial Vehicle Group, Inc., 7.875%, 4/15/19 7.875 04/15/2019 1,125,000 1,188,000
Universal Health Services, Inc., 11/15/16 2.4045 11/30/2016 0 0
Wells Fargo Mortgage Backed Securities 2005-AR6 Trust, Floating Rate Note, 4/25/35 4.9875 04/25/2035 4,996,000 438,942
Government National Mortgage Association I, 5.5%, 3/15/17 5.5 03/15/2017 251,260 28,467
COMM 2006-FL12 Mortgage Trust, Floating Rate Note, 12/15/20 (144A) 0.29 12/15/2020 3,100,000 751,605
JBS USA LLC, 8.25%, 2/1/20 (144A) 8.25 02/01/2020 4,650,000 5,123,719
US Bancorp, Floating Rate Note, 12/31/49 (Perpetual) 6.0   783,175 21,584,303
BRF SA, 5.875%, 6/6/22 (144A) 5.875 06/06/2022 7,810,000 7,996,437
Digital Realty Trust, Inc., 5.875%, 12/31/49 (Perpetual) 5.875   100,000 2,002,000
Ozburn-Hessey Holding Co LLC, 5/23/19 6.7525 05/07/2019 2,626,800 2,654,710
U.S. Treasury Bonds, 4.5%, 8/15/39 4.5 08/15/2039 19,890,000 23,358,743
Verint Systems, Inc., 9/6/19 4.0 09/06/2019 9,258,518 9,293,237
Aeroflex, Inc., 11/9/19 4.5 11/24/2019 8,631,098 8,702,951
FREMF Mortgage Trust 2011-K701, Floating Rate Note, 7/25/48 (144A) 4.286 07/25/2048 4,100,000 4,306,458
Sierra Timeshare 2012-3 Receivables Funding LLC, 1.87%, 8/20/29 (144A) 1.87 08/20/2029 3,200,000 1,526,256
Vitality Re V, Ltd., Floating Rate Note, 1/7/19 (Cat Bond) (144A)   01/07/2019 950,000 950,000
Cubist Pharmaceuticals, Inc., 1.875%, 9/1/20 (144A) 1.875 09/01/2020 7,685,000 9,703,513
City of Charleston South Carolina Waterworks & Sewer System Revenue, 5.0%, 1/1/41 5.0 01/01/2041 9,570,000 10,347,403
Hunter Defense Technologies, Inc., 8/22/14 3.49 08/22/2014 2,108,125 1,918,393
First Investors Auto Owner Trust 2013-1, 2.53%, 1/15/20 (144A) 2.53 01/15/2020 1,600,000 1,566,748
Tiers Trust, Floating Rate Note, 10/15/97 (144A) 0.0   5,351,000 3,658,840
NuVasive, Inc., 2.75%, 7/1/17 2.75 07/01/2017 20,755,000 24,132,011
Massachusetts Health & Educational Facilities Authority, 6.0%, 7/1/36 6.0 07/01/2036 3,150,000 3,625,398
Merrill Lynch Mortgage Investors Trust Series MLCC 2004-D, Floating Rate Note, 9/25/29 0.9355 09/25/2029 6,295,000 1,361,644
Instituto Costarricense de Electricidad, 6.95%, 11/10/21 (144A) 6.95 11/10/2021 8,380,000 8,936,676
Federal Home Loan Mortgage Corp., 6.5%, 9/1/32 6.5 09/01/2032 100,000 2,761
Nigeria Treasury Bill, 0.0%, 4/10/14 0.0 04/10/2014 1,676,875,000 10,040,652
Park-Ohio Industries, Inc., 8.125%, 4/1/21 8.125 04/01/2021 2,450,000 2,808,568
GS Mortgage Securities Corp II Series 2005-GG4, 4.782%, 7/10/39 4.782 07/10/2039 2,609,335 2,688,069
Fannie Mae, 5.0%, 4/1/22 5.0 04/01/2022 327,117 26,743
Select Medical Corp., 6/1/18 4.0028 06/01/2018 4,404,377 4,435,574
Origen Manufactured Housing Contract Trust 2004-B, Floating Rate Note, 11/15/35 5.73 11/15/2035 1,500,000 748,654
Queen Street V Re, Ltd., Floating Rate Note, 4/9/15 (Cat Bond) (144A) 8.565 04/09/2015 3,400,000 3,583,477
Fieldwood Energy LLC, 9/30/20 8.375 09/30/2020 5,710,000 5,947,679
CEVA Group Plc, 8.375%, 12/1/17 (144A) 8.375 12/01/2017 2,500,000 2,717,188
Long Haul Holdings, Ltd., Facility B Loan, 11/17/13 4.6074 11/17/2013 1,066,849 448,077
Residential Reinsurance 2013, Ltd., Floating Rate Note, 12/6/17 (Cat Bond) (144A)   12/06/2017 250,000 250,725
Bertin SA, 10.25%, 10/5/16 (144A) 10.25 10/05/2016 750,000 870,052
Freddie Mac Gold Pool, 4.5%, 4/10/14 4.5 04/10/2014 13,500,000 14,441,203
American Home Mortgage Investment Trust 2005-1, Floating Rate Note, 6/25/45 2.3305 06/25/2045 21,700,000 3,321,309
Ibis Re II, Ltd., Floating Rate Note, 6/28/16 (Cat Bond) (144A) 4.0 06/28/2016 3,850,000 3,923,492
Velo Holdings, Inc.     32,369 51,790
Irwin Whole Loan Home Equity Trust 2005-C, Floating Rate Note, 3/25/25 0.8555 03/25/2025 1,900,000 951,203
COMM 2012-CCRE4 Mortgage Trust, 2.436%, 10/15/45 2.436 10/15/2045 4,047,000 3,978,189
FRS I LLC, 3.96%, 4/15/43 (144A) 3.96 04/15/2043 3,000,000 2,971,308
Gulf Coast Waste Disposal Authority, Floating Rate Note, 5/1/28 5.2 05/01/2028 4,450,000 4,711,007
CEVA GROUP Plc     1,069 1,095,418
Ghana Government Bond, 19.24%, 5/30/16 19.24 05/30/2016 19,000,000 7,136,284
JP Morgan Mortgage Trust 2004-A2, Floating Rate Note, 5/25/34 2.8371 05/25/2034 8,822,000 705,401
Cincinnati Bell, Inc., 8.375%, 10/15/20 8.375 10/15/2020 10,771,000 12,081,172
Fannie Mae, 6.0%, 12/1/33 6.0 12/01/2033 2,000,000 168,650
Countrywide Asset-Backed Certificates, Floating Rate Note, 6/25/36 0.3355 06/25/2036 12,298,000 3,175,460
EP Energy LLC, 5/24/18 3.5 05/24/2018 3,656,667 3,666,189
Navistar International Corp., 8.25%, 11/1/21 8.25 11/01/2021 11,805,000 12,660,863
Federal Home Loan Mortgage Corp., 6.0%, 1/1/34 6.0 01/01/2034 1,000,000 123,455
VimpelCom Holdings BV, 9.0%, 2/13/18 (144A) 9.0 02/13/2018 430,000,000 11,715,164
Qwest Corp., 7.375%, 6/1/51 7.375 06/01/2051 572,600 14,544,040
JP Morgan Chase Commercial Mortgage Securities Trust 2010-C2, Floating Rate Note, 11/15/43 (144A) 5.5082 11/15/2043 1,300,000 1,449,884
Neuberger Berman Group LLC, 5.625%, 3/15/20 (144A) 5.625 03/15/2020 4,350,000 4,691,203
Home Equity Asset Trust 2005-7, Floating Rate Note, 1/25/36 0.5355 01/25/2036 3,300,000 1,978,562
Brocade Communications Systems, Inc., 4.625%, 1/15/23 (144A) 4.625 01/15/2023 1,500,000 1,426,365
CenturyLink, Inc., 7.6%, 9/15/39 7.6 09/15/2039 3,510,000 3,431,181
Essar Steel Algoma, Inc., 9/19/14 9.25 09/12/2014 567,813 571,539
Macquarie Bank, Ltd., 6.625%, 4/7/21 (144A) 6.625 04/07/2021 3,275,000 3,807,653
Government National Mortgage Association I, 6.0%, 6/15/17 6.0 06/15/2017 6,900,000 199,754
Virtual Radiologic Corp., 12/22/16 7.2527 11/03/2016 6,280,750 3,925,469
Cummins, Inc., 6.75%, 2/15/27 6.75 02/15/2027 1,385,000 1,660,605
Newhall Land Development LLC     269,588 943,558
Everglades Re, Ltd., Floating Rate Note, 4/30/14 (Cat Bond) (144A) 17.77 04/30/2014 2,625,000 2,726,584
Federal Home Loan Mortgage Corp., 4.5%, 10/1/35 4.5 10/01/2035 6,144,581 742,360
SRAM LLC, 4/10/20 4.0182 05/12/2018 722,347 724,755
Massachusetts Health & Educational Facilities Authority, 5.5%, 7/1/36 5.5 07/01/2036 40,000 45,204
TASC, Inc. Virginia, 12/18/15 4.5 04/25/2015 3,484,317 3,315,547
Fannie Mae, 4.0%, 2/1/43 4.0 02/01/2043 2,200,000 1,881,064
Highwoods Realty LP, 3.625%, 1/15/23 3.625 01/15/2023 9,060,000 8,648,458
James River Coal Co., 10.0%, 6/1/18 (144A) 10.0 06/01/2018 1,240,000 217,000
CenturyLink, Inc., 7.65%, 3/15/42 7.65 03/15/2042 3,100,000 3,023,353
The University of Texas System, 5.0%, 8/15/43 5.0 08/15/2043 2,210,000 2,393,656
Time Warner Cable, Inc., 8.75%, 2/14/19 8.75 02/14/2019 640,000 819,211
Government National Mortgage Association I, 6.0%, 5/15/33 6.0 05/15/2033 10,057,421 530,331
Mondelez International, Inc., 6.5%, 2/9/40 6.5 02/09/2040 2,290,000 2,874,319
Fannie Mae, 5.5%, 5/1/33 5.5 05/01/2033 750,000 81,173
Banc of America Funding 2005-8 Trust, 5.5%, 1/25/36 5.5 01/25/2036 13,132,000 4,220,089
Alpha Appalachia Holdings, Inc., 3.25%, 8/1/15 3.25 08/01/2015 770,000 770,160
Ardagh Packaging Finance Plc, 7.0%, 11/15/20 (144A) 7.0 11/15/2020 5,400,000 1,005,935
Hospitality Properties Trust, 5.0%, 8/15/22 5.0 08/15/2022 15,725,000 16,429,106
WideOpenWest Finance LLC, 4/1/19 4.75 03/27/2019 4,240,946 4,271,430
National JSC Naftogaz of Ukraine, 9.5%, 9/30/14 9.5 09/30/2014 4,600,000 4,288,797
TI Group Automotive Systems LLC, 3/28/19 5.5 03/27/2019 7,572,379 7,626,809
Fannie Mae, 3.5%, 11/1/42 3.5 11/01/2042 500,000 470,598
Citigroup, Inc., Floating Rate Note, 12/31/49 (Perpetual) 7.125   642,000 17,109,300
Government National Mortgage Association II, 4.5%, 3/20/35 4.5 03/20/2035 4,250,000 1,020,937
Prudential Financial, Inc., Floating Rate Note, 6/15/68 8.875 06/15/2038 5,969,000 7,394,016
Bayview Commercial Asset Trust, Floating Rate Note, 1/25/35 (144A) 1.1555 01/25/2035 10,450,000 1,799,136
Citigroup Mortgage Loan Trust, Inc., Floating Rate Note, 1/1/35 (144A) 4.0 01/01/2035 4,900,000 5,089,140
ALROSA Finance SA, 7.75%, 11/3/20 (144A) 7.75 11/03/2020 3,175,000 3,557,279
Banco de Credito del Peru Panama, Floating Rate Note, 9/16/26 (144A) 6.875 09/16/2026 10,210,000 11,042,221
Fannie Mae, 4.0%, 12/1/41 4.0 12/01/2041 45,515,613 29,982,913
GSR Mortgage Loan Trust 2004-3F, Floating Rate Note, 2/25/34 5.7137 02/25/2034 1,400,000 794,912
Chrysler Group LLC, 8.25%, 6/15/21 8.25 06/15/2021 3,000,000 3,449,750
Residential Reinsurance 2011, Ltd., Floating Rate Note, 6/6/17 (Cat Bond) (144A) 8.955 12/06/2015 2,750,000 2,947,213
Flextronics International, Ltd., 5.0%, 2/15/23 5.0 02/15/2023 10,030,000 10,165,126
Nationstar Mortgage Advance Receivables Trust 2013-T2, 2.19%, 6/20/46 (144A) 2.19 06/20/2046 1,725,000 1,722,051
Federal Home Loan Mortgage Corp., 6.0%, 6/1/35 6.0 06/01/2035 4,500,000 182,821
Morgan Stanley Re-REMIC Trust 2010-R9, 5.0%, 11/26/36 (144A) 5.0 11/26/2036 11,000,000 11,148,469
Asciano Finance, Ltd., 5.0%, 4/7/18 (144A) 5.0 04/07/2018 4,200,000 4,631,508
Cemex Espana Luxembourg, 9.875%, 4/30/19 (144A) 9.875 04/30/2019 5,098,000 6,006,418
Accredited Mortgage Loan Trust, Floating Rate Note, 9/25/36 0.3055 09/25/2036 9,396,000 4,926,630
Bear Stearns ARM Trust 2004-12, Floating Rate Note, 2/25/35 4.8603 02/25/2035 7,000,000 1,190,715
Wachovia Capital Trust III, Floating Rate Note, 12/31/49 (Perpetual) 5.5698 03/29/2049 660,000 646,208
JP Morgan Chase Commercial Mortgage Securities Trust 2013-FL3, Floating Rate Note, 4/15/28 (144A) 1.9545 04/15/2028 6,500,000 6,490,478
Intercorp Retail Trust, 8.875%, 11/14/18 (144A) 8.875 11/14/2018 5,650,000 6,109,788
Fannie Mae, 3.5%, 12/1/42 3.5 12/01/2042 2,047,400 1,859,424
First Horizon Mortgage Pass-Through Trust 2005-AR1, Floating Rate Note, 4/25/35 2.5925 04/25/2035 10,872,000 2,418,985
Vertafore, Inc., 10/3/19 4.25 10/20/2019 5,805,946 5,844,050
Swift Transportation Co LLC, 12/21/16 2.9044 12/21/2016 0 0
Liberty Mutual Insurance Co., 7.697%, 10/15/97 (Perpetual) (144A) 7.697   9,885,000 10,827,689
The PNC Financial Services Group, Inc., Floating Rate Note, 12/31/49 (Perpetual) 6.75 07/29/2049 25,567,000 27,522,876
Mohawk Industries, Inc., 3.85%, 2/1/23 3.85 02/01/2023 3,450,000 3,383,444
President and Fellows of Harvard College, 2.3%, 10/1/23 2.3 10/01/2023 5,600,000 5,232,059
UCI International, Inc., 7/26/17 5.5 07/04/2017 2,027,300 2,036,591
Permanent University Fund, 5.0%, 7/1/30 5.0 07/01/2030 2,550,000 3,007,504
Unifrax I LLC, 11/28/18 5.25 11/01/2018 3,935,194 5,492,623
Amherst College, 3.794%, 11/1/42 3.794 11/01/2042 2,300,000 2,047,268
Ship Midco, Ltd., 11/29/19 5.25 08/06/2017 2,270,659 2,295,636
Credit Suisse First Boston Mortgage Securities Corp., Floating Rate Note, 11/25/33 2.5496 11/25/2033 40,000,000 2,610,414
Government National Mortgage Association I, 5.5%, 12/15/18 5.5 12/15/2018 76,282 1,844
Fannie Mae, 4.0%, 7/1/18 4.0 07/01/2018 75,000 6,031
Federal Home Loan Mortgage Corp., Floating Rate Note, 11/25/46 (144A) 3.4861 11/25/2046 3,600,000 3,594,942
Citigroup Mortgage Loan Trust, Inc., Floating Rate Note, 9/25/35 2.6261 09/25/2035 15,600,000 1,305,583
Plains Exploration & Production Co., 8.625%, 10/15/19 8.625 10/15/2019 4,060,000 4,567,838
Fannie Mae, 4.5%, 11/1/40 4.5 11/01/2040 12,358,351 5,876,518
Juniper Generation LLC, 6.79%, 12/31/14 (144A) 6.79 12/31/2014 4,950,000 228,883
HLSS Servicer Advance Receivables Trust, 3.96%, 10/15/45 (144A) 3.96 10/15/2045 976,000 998,897
Building Materials Corp of America, 6.75%, 5/1/21 (144A) 6.75 05/01/2021 3,665,000 4,058,988
JP Morgan Mortgage Acquisition Corp 2005-OPT2, Floating Rate Note, 12/25/35 0.3955 12/25/2035 3,316,000 174,732
Poland Government International Bond, 4.0%, 1/22/24 4.0 01/22/2024 6,700,000 6,779,283
MCC Georgia LLC, 1/29/21 3.25 05/23/2021 3,820,800 3,799,262
HHI Holdings LLC, 10/5/18 5.0 10/05/2018 3,093,232 3,122,874
Ardagh Packaging Finance Plc, 9.25%, 10/15/20 (144A) 9.25 10/15/2020 11,058,000 17,523,745
DineEquity, Inc., 10/19/17 3.75 10/19/2017 0 0
Wells Fargo Home Equity Asset-Backed Securities 2005-2 Trust, Floating Rate Note, 11/25/35 0.5655 11/25/2035 1,483,000 1,172,355
American Energy - Utica LLC, 3.5%, 3/1/21 (144A) 3.5 03/01/2021 4,620,000 4,569,129
Courtland Industrial Development Board, 5.0%, 8/1/27 5.0 08/01/2027 3,085,000 3,098,409
First Data Corp., 8.25%, 1/15/21 (144A) 8.25 01/15/2021 1,640,000 1,796,688
WF-RBS Commercial Mortgage Trust 2011-C2, Floating Rate Note, 2/15/44 (144A) 5.392 02/15/2044 1,200,000 1,307,730
LyondellBasell Industries NV, 5.0%, 4/15/19 5.0 04/15/2019 4,845,000 5,526,124
WASH Multifamily Laundry Systems LLC, 2/21/19 4.5031 01/22/2019 1,170,697 1,179,477
Lehman Brothers Small Balance Commercial, Floating Rate Note, 9/25/30 (144A) 0.4055 09/25/2030 11,903,557 2,189,282
Connecticut State Health & Educational Facility Authority, 5.0%, 7/1/40 5.0 07/01/2040 9,610,000 10,615,334
Syniverse Holdings, Inc., 4/23/19 4.0 04/10/2019 1,487,731 1,496,099
Avon Products, Inc., 5.0%, 3/15/23 5.0 03/15/2023 16,255,000 16,606,036
Spirit Master Funding VII LLC, 3.8868%, 12/20/43 3.8868 12/20/2043 900,000 920,233
Government National Mortgage Association I, 5.5%, 6/15/35 5.5 06/15/2035 2,028,692 262,708
Government National Mortgage Association I, 6.0%, 10/15/37 6.0 10/15/2037 4,575,221 705,426
New York State Dormitory Authority, 5.0%, 7/1/38 5.0 07/01/2038 11,700,000 12,950,418
State of Washington, 3.0%, 7/1/28 3.0 07/01/2028 2,550,000 2,449,505
Aguila 3 SA, 7.875%, 1/31/18 (144A) 7.875 01/31/2018 1,100,000 1,176,209
RESI Finance LP, Floating Rate Note, 9/10/35 (144A) 1.5565 09/10/2035 19,900,000 3,836,017
Ardagh Packaging Finance Plc, 9.125%, 10/15/20 (144A) 9.125 10/15/2020 7,250,000 8,297,424
SunCoke Energy, Inc., 7/26/18 4.0 07/21/2018 637,128 638,721
Wyle Services Corp., 3/26/17 5.0 03/31/2017 1,470,670 1,471,284
Crown Castle Operating Co., 1/31/19 3.25 01/31/2019 0 0
Sector Re V, Ltd., 0.0%, 12/1/17 (Cat Bond) (144A) 0.0 12/01/2017 22,798 0
JP Morgan Mortgage Trust 2005-A4, Floating Rate Note, 7/25/35 2.2524 07/25/2035 9,500,000 1,696,844
Targus Group International, Inc., 5/24/16 12.0 05/12/2016 4,153,111 3,737,800
Government National Mortgage Association II, 7.0%, 1/20/29 7.0 01/20/2029 500,000 7,908
Mentor Graphics Corp., 4.0%, 4/1/31 4.0 04/01/2031 12,418,000 15,636,332
Nara Cable Funding, Ltd., 8.875%, 12/1/18 (144A) 8.875 12/01/2018 2,160,000 3,308,109
Masco Corp., 7.125%, 3/15/20 7.125 03/15/2020 14,465,000 17,218,473
Government National Mortgage Association I, 6.5%, 8/15/32 6.5 08/15/2032 344,471 5,592
Global Mortgage Securitization, Ltd., Floating Rate Note, 4/25/32 0.4255 04/25/2032 80,580,000 9,249,240
Intelsat Jackson Holdings SA, 6.625%, 12/15/22 (144A) 6.625 12/15/2022 7,500,000 8,017,396
GTP Towers Issuer LLC, 4.436%, 2/15/15 (144A) 4.436 02/15/2015 8,065,000 8,281,364
Government National Mortgage Association I, 6.0%, 5/15/16 6.0 05/15/2016 192,300 2,764
CHL Mortgage Pass-Through Trust 2005-19, 5.5%, 8/25/35 5.5 08/25/2035 12,000,000 996,381
Carrizo Oil & Gas, Inc., 8.625%, 10/15/18 8.625 10/15/2018 5,605,000 6,222,017
COMM 2013-LC6 Mortgage Trust, 2.941%, 1/10/46 2.941 01/10/2046 8,000,000 7,732,375
Global SC Finance II SRL, 4.11%, 7/19/27 (144A) 4.11 07/19/2027 4,000,000 3,408,879
Valero Energy Corp., 9.375%, 3/15/19 9.375 03/15/2019 4,414,000 5,978,464
AMG Capital Trust II, 5.15%, 10/15/37 5.15 10/15/2037 101,000 6,183,099
CWGS Group LLC, Term Loan, 2/20/20 5.75 02/20/2020 7,100,000 7,153,250
Aircastle, Ltd., 7.625%, 4/15/20 7.625 04/15/2020 2,900,000 3,382,286
Fannie Mae, 5.5%, 3/1/36 5.5 03/01/2036 900,090 114,094
Nationstar Mortgage Loan Trust 2013-A, Floating Rate Note, 12/25/52 (144A) 3.75 12/25/2052 5,200,000 4,948,164
Lehman Brothers Small Balance Commercial, Floating Rate Note, 2/25/30 (144A) 0.4055 02/25/2030 34,198,591 5,402,905
Fannie Mae, 6.5%, 2/1/32 6.5 02/01/2032 99,991 1,853
Cengage Learning Acquisitions, Inc., 7/3/14 4.75 07/04/2014 6,025,482 5,611,230
Montpelier Re Holdings, Ltd., 4.7%, 10/15/22 4.7 10/15/2022 11,560,000 11,837,909
Sanders Re, Ltd., Floating Rate Note, 5/5/17 (Cat Bond) (144A) 4.0558 05/05/2017 7,650,000 7,690,885
Banco Nacional de Costa Rica, 4.875%, 11/1/18 (144A) 4.875 11/01/2018 5,000,000 5,062,500
Reliance Holding USA, Inc., 4.5%, 10/19/20 (144A) 4.5 10/19/2020 3,125,000 3,215,413
Government National Mortgage Association I, 6.0%, 4/15/14 6.0 04/15/2014 3,181,630 592
Government National Mortgage Association I, 6.5%, 8/15/32 6.5 08/15/2032 703,797 45,311
Fannie Mae, 5.5%, 3/1/21 5.5 03/01/2021 5,000,000 785,345
Asciano Finance, Ltd., 4.625%, 9/23/20 (144A) 4.625 09/23/2020 1,602,000 1,692,463
Tar Heel Re, Ltd., Floating Rate Note, 5/9/16 (Cat Bond) (144A) 8.6558 05/09/2016 2,000,000 2,163,328
Foundation Re III, Ltd., Floating Rate Note, 2/25/15 (Cat Bond) (144A) 5.0253 02/25/2015 4,500,000 4,607,725
Hologic, Inc., 2.0%, 3/1/42 (Step) 2.0 03/01/2042 13,000,000 13,471,250
Xerium Technologies, Inc., 5/17/19 4.6074 05/02/2019 794,000 800,286
KLA-Tencor Corp., 6.9%, 5/1/18 6.9 05/01/2018 4,090,000 4,918,057
Blackstone Holdings Finance Co LLC, 4.75%, 2/15/23 (144A) 4.75 02/15/2023 5,375,000 5,745,134
Desarrolladora Homex SAB de CV, 9.75%, 3/25/20 (144A) 9.75 03/25/2020 5,065,000 1,030,728
Standard Aero, Ltd., 11/2/18   11/02/2018 3,210,355 3,261,185
Fannie Mae, 6.0%, 11/1/32 6.0 11/01/2032 350,000 9,837
California Educational Facilities Authority, 5.0%, 6/1/43 5.0 06/01/2043 8,675,000 10,664,264
Digital Realty Trust LP, 3.625%, 10/1/22 3.625 10/01/2022 6,300,000 5,917,408
Alfa Bank OJSC Via Alfa Bond Issuance Plc, 7.875%, 9/25/17 (144A) 7.875 09/25/2017 1,650,000 1,875,431
Garda World Security Corp., Term B Loan, 11/1/20 4.0 11/01/2020 688,067 691,077
Federal Home Loan Mortgage Corp., 5.0%, 5/1/34 5.0 05/01/2034 1,278,937 94,019
JBS Investments GmbH, 7.75%, 10/28/20 (144A) 7.75 10/28/2020 5,100,000 5,413,544
Torchmark Corp., 3.8%, 9/15/22 3.8 09/15/2022 2,600,000 2,653,046
New York State Dormitory Authority, 5.0%, 12/15/30 5.0 12/15/2030 12,505,000 14,076,198
COMM 2012-CCRE2 Mortgage Trust, 3.791%, 8/15/45 3.791 08/15/2045 1,900,000 1,932,188
Fannie Mae, 3.5%, 7/1/43 3.5 07/01/2043 17,883,284 17,646,074
Fannie Mae, 4.5%, 11/1/43 4.5 11/01/2043 1,435,575 1,550,076
East Lane Re, Ltd., Floating Rate Note, 3/14/14 (Cat Bond) (144A) 5.8108 03/14/2014 1,000,000 1,011,979
Government National Mortgage Association I, 7.0%, 8/15/29 7.0 08/15/2029 712,236 11,117
Ventas Realty LP, 4.75%, 6/1/21 4.75 06/01/2021 8,130,000 8,846,424
Government National Mortgage Association, 4.5%, 9/20/39 4.5 09/20/2039 9,820,000 10,490,922
Fannie Mae, 4.0%, 12/1/41 4.0 12/01/2041 17,790,000 9,538,414
New York State Dormitory Authority, 5.0%, 7/1/37 5.0 07/01/2037 3,730,000 4,042,400
East Lane Re, Ltd., Floating Rate Note, 3/13/15 (Cat Bond) (144A) 6.6575 03/13/2015 2,650,000 2,773,634
RALI Series 2004-QS5 Trust, 5.75%, 4/25/34 5.75 04/25/2034 2,000,000 2,062,265
Ukraine Government International Bond, 6.75%, 11/14/17 (144A) 6.75 11/14/2017 1,825,000 1,649,914
Fannie Mae, 6.5%, 12/1/21 6.5 12/01/2021 8,650,000 186,241
Scotiabank Peru SA, Floating Rate Note, 12/13/27 (144A) 4.5 12/13/2027 11,145,000 10,055,576
Jefferies Group LLC, 5.125%, 4/13/18 5.125 04/13/2018 4,660,000 5,158,610
FREMF Mortgage Trust 2011-K10 , Floating Rate Note, 11/25/49 (144A) 4.6154 11/25/2049 5,600,000 5,852,062
IAMGOLD Corp., 6.75%, 10/1/20 (144A) 6.75 10/01/2020 2,475,000 2,247,609
RALI Series 2003-QS13 Trust, Floating Rate Note, 7/25/33 0.7055 07/25/2033 28,912,860 3,563,132
Bear Stearns ARM Trust 2003-5, Floating Rate Note, 8/25/33 2.3385 08/25/2033 12,112,000 1,251,747
KKR Group Finance Co II LLC, 5.5%, 2/1/43 (144A) 5.5 02/01/2043 21,530,000 22,171,235
Government National Mortgage Association I, 6.0%, 7/15/33 6.0 07/15/2033 3,367,971 109,902
Federal Home Loan Mortgage Corp., 5.0%, 7/1/35 5.0 07/01/2035 2,600,000 403,216
Urbi Desarrollos Urbanos SAB de CV, 0.0%, 1/21/20 (144A) 0.0 01/21/2020 2,275,000 496,076
EuroChem Mineral & Chemical Co OJSC via EuroChem GI, Ltd., 5.125%, 12/12/17 (144A) 5.125 12/12/2017 3,650,000 3,727,550
Banc of America Alternative Loan Trust 2004-3, 6.0%, 4/25/34 6.0 04/25/2034 5,500,000 1,356,409
Nevada Power Co., 6.5%, 8/1/18 6.5 08/01/2018 85,000 101,743
Ziggo Bv 1st Lien Tl-B1 L + 2.75% 15jan22   01/15/2022 2,588,511 2,580,018
Calpine Corp., 10/9/19 4.0 09/27/2019 1,086,250 1,092,700
Sequoia Mortgage Trust 2013-4, Floating Rate Note, 4/25/43 1.55 04/25/2043 1,980,000 1,721,492
Cubist Pharmaceuticals, Inc., 1.125%, 9/1/18 (144A) 1.125 09/01/2018 6,690,000 8,243,543
Morgan Stanley Capital I Trust 2007-IQ13, 5.406%, 3/15/44 5.406 03/15/2044 340,000 373,791
Pro Mach, Inc., 7/6/17 4.5 07/16/2017 2,821,783 2,837,656
Government National Mortgage Association II, 5.5%, 10/20/37 5.5 10/20/2037 50,000 16,397
ON Semiconductor Corp., 2.625%, 12/15/26 2.625 12/15/2026 1,255,000 1,535,702
General Cable Corp., 4.5%, 11/15/29 (Step) 4.5 11/15/2029 13,776,000 15,735,253
Merrill Lynch Mortgage Investors Trust Series MLCC 2004-A, Floating Rate Note, 4/25/29 0.6155 04/25/2029 53,959,406 3,727,210
Government National Mortgage Association I, 6.5%, 5/15/32 6.5 05/15/2032 1,000,000 31,704
Embarcadero Reinsurance, Ltd., Floating Rate Note, 8/7/15 (Cat Bond) (144A) 5.2376 08/07/2015 5,300,000 5,486,733
Allied Security Holdings LLC, Closing Date Term Loan (First Lien), 2/12/21   02/12/2021 1,316,834 1,317,657
Towergate Finance Plc, 8.5%, 2/15/18 (144A) 8.5 02/15/2018 2,125,000 3,806,055
Residential Reinsurance 2012, Ltd., Floating Rate Note, 12/6/16 (Cat Bond) (144A) 4.5659 12/06/2016 1,750,000 1,831,769
Affinion Group, Inc., 10/9/16 6.75 10/09/2016 7,540,230 7,468,191
Morgan Stanley Capital I Trust 2005-HQ6, Floating Rate Note, 8/13/42 5.073 08/13/2042 3,404,000 3,559,459
ACE Securities Corp Home Equity Loan Trust Series 2006-ASAP2, Floating Rate Note, 3/25/36 0.3355 03/25/2036 8,500,000 1,828,981
Ukraine Government International Bond, 7.5%, 4/17/23 (144A) 7.5 04/17/2023 2,000,000 1,815,833
Inversiones Alsacia SA, 8.0%, 8/18/18 (144A) 8.0 08/18/2018 8,635,000 4,801,456
Westgate Resorts LLC, 2.5%, 3/20/25 (144A) 2.5 03/20/2025 2,450,000 1,510,343
Getty Images, Inc., 10/18/19 4.75 09/17/2019 4,822,409 4,610,826
Jefferies Group LLC, 6.875%, 4/15/21 6.875 04/15/2021 11,890,000 14,071,485
Vitality Re V, Ltd., Floating Rate Note, 1/7/19 (Cat Bond) (144A)   01/07/2019 800,000 801,760
Province of Salta Argentina, 9.5%, 3/16/22 (144A) 9.5 03/16/2022 4,900,000 4,609,898
Exeter Automobile Receivables Trust 2012-2, 3.06%, 7/16/18 (144A) 3.06 07/16/2018 3,000,000 3,041,619
Hyundai Capital Services, Inc., 4.375%, 7/27/16 (144A) 4.375 07/27/2016 2,550,000 2,738,195
Fannie Mae, 6.0%, 7/1/38 6.0 07/01/2038 2,040,000 220,309
Spectrum Brands Holdings, Inc., 8/13/19 3.5 08/13/2019 199,144 199,944
Macquarie Group, Ltd., 6.25%, 1/14/21 (144A) 6.25 01/14/2021 7,750,000 8,765,666
DynCorp International, Inc., 7/7/16 6.25 07/07/2016 1,588,260 1,602,157
Fannie Mae, 4.5%, 12/1/41 4.5 12/01/2041 60,000 52,778
The Hanover Insurance Group, Inc., 6.375%, 6/15/21 6.375 06/15/2021 12,600,000 14,287,220
CEVA Logistics US Holdings, Inc., 8/31/16 5.2466 08/31/2016 4,870,620 4,870,620
Chesapeake Funding LLC, Floating Rate Note, 5/7/24 (144A) 1.3075 05/07/2024 1,700,000 1,695,413
Fannie Mae, 6.0%, 3/1/33 6.0 03/01/2033 350,000 15,901
Ibis Re II, Ltd., Floating Rate Note, 2/5/15 (Cat Bond) (144A) 13.5608 02/05/2015 400,000 430,410
Hexion US Finance Corp., 8.875%, 2/1/18 8.875 02/01/2018 3,590,000 3,769,126
Hyundai Motor Manufacturing Czech sro, 4.5%, 4/15/15 (144A) 4.5 04/15/2015 1,390,000 1,467,155
Global Mortgage Securitization, Ltd., 5.25%, 4/25/32 (144A) 5.25 04/25/2032 14,941,131 5,256,495
Bear Stearns Asset Backed Securities Trust 2005-3, Floating Rate Note, 9/25/35 0.6055 09/25/2035 5,500,000 62,583
LDK Solar Co, Ltd., 10.0%, 2/28/14 10.0 02/28/2014 12,000,000 786,105
Steward Health Care System LLC, 4/10/20 6.75 04/12/2020 2,238,750 2,237,351
Fannie Mae, 4.0%, 11/1/41 4.0 11/01/2041 55,000 23,184
Panoche Energy Center LLC, 6.885%, 7/31/29 (144A) 6.885 07/31/2029 3,015,000 2,923,226
FREMF Mortgage Trust 2012-K708, Floating Rate Note, 2/25/45 (144A) 3.7586 02/25/2045 25,000 24,651
Basell Finance Co BV, 8.1%, 3/15/27 (144A) 8.1 03/15/2027 2,885,000 3,828,435
Citicorp Residential Mortgage Trust Series 2006-3, 5.703%, 11/25/36 (Step) 5.703 11/25/2036 16,725,000 9,585,881
Boart Longyear Management Pty, Ltd., 7.0%, 4/1/21 (144A) 7.0 04/01/2021 2,950,000 2,239,542
Agrokor dd, 8.875%, 2/1/20 (144A) 8.875 02/01/2020 50,000 54,495
JPMorgan Chase & Co., Floating Rate Note, 12/31/49 (Perpetual) 7.9 04/29/2049 20,727,000 23,810,199
New Jersey Transportation Trust Fund Authority, 5.5%, 6/15/41 5.5 06/15/2041