| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 126650CX6 CVS HEALTH CORP | 24,912 | 21,627 |
| 432833AF8 HILTON DOMESTIC OPER | 5,213 | 4,846 |
| 24702RAM3 DELL INC 5.400% 9/10 | ||
| 29278NAR4 ENERGY TRANSFER OPER | ||
| 058498AV8 BALL CORP | 5,079 | 4,982 |
| 501797AM6 L BRANDS INC | 4,908 | 5,032 |
| 680665AL0 OLIN CORP | 3,326 | 2,952 |
| 23311VAG2 DCP MIDSTREAM OPERAT | 4,950 | 5,003 |
| 747262AW3 QVC INC | 5,013 | 3,030 |
| 81180WAN1 SEAGATE HDD CAYMAN | 5,765 | 4,799 |
| 29379VBX0 ENTERPRISE PRODUCTS | 16,497 | 14,470 |
| 35671DCD5 FREEPORT-MCMORAN INC | ||
| 46647PAV8 VR JPMORGAN CHASE & | 29,294 | 28,180 |
| 674599EB7 OCCIDENTAL PETROLEUM | ||
| 98310WAM0 WYNDHAM WORLDWIDE CO | 5,638 | 5,005 |
| 85207UAH8 SPRINT CORP 7.125% 6 | 5,765 | 5,022 |
| 29261AAA8 ENCOMPASS HEALTH COR | 5,018 | 4,784 |
| 88947EAS9 TOLL BROS FINANCE CO | ||
| 24702RAF8 DELL INC 6.500% 4/15 | 3,213 | 3,211 |
| 69331CAJ7 PG&E CORP | 5,115 | 4,823 |
| 343412AF9 FLUOR CORP | 5,093 | 4,724 |
| 26885BAC4 EQT MIDSTREAM PARTNE | 4,635 | 4,954 |
| 45031UCJ8 ISTAR INC | ||
| 513075BW0 LAMAR MEDIA CORP | 2,100 | 1,931 |
| 431571AE8 HILLENBRAND INC | 5,020 | 4,329 |
| 75281AAS8 RANGE RESOURCES CORP | 5,273 | 4,938 |
| 674599DL6 OCCIDENTAL PETROLEUM | ||
| 893647BH9 TRANSDIGM INC | 4,950 | 5,025 |
| 404119BR9 HCA INC 5.375% 2/01/ | 5,494 | 4,993 |
| 185899AH4 CLEVELAND-CLIFFS INC | 5,213 | 4,982 |
| 02005NBF6 ALLY FINANCIAL INC | ||
| 103304BU4 BOYD GAMING CORP | 4,925 | 4,811 |
| 552953CF6 MGM RESORTS INTL | 5,421 | 4,962 |
| 398433AP7 GRIFFON CORPORATION | 5,292 | 4,913 |
| 172967LP4 VR CITIGROUP INC | 24,284 | 22,873 |
| 552953CE9 MGM RESORTS INTL | 5,200 | 4,981 |
| 912810SL3 US TREASURY BOND | 61,411 | 38,165 |
| 69327RAJ0 PDC ENERGY INC | 2,088 | 1,996 |
| 78454LAP5 SM ENERGY CO | 5,130 | 4,972 |
| 45174HBC0 IHEARTCOMMUNICATIONS | ||
| 749571AF2 RYMAN HOSPITALITY PR | 5,107 | 4,829 |
| 61744YAK4 VR MORGAN STANLEY | 16,168 | 15,274 |
| 750236AX9 RADIAN GROUP INC | 5,653 | 5,019 |
| 988498AP6 YUM! BRANDS INC | 5,075 | 4,676 |
| 022249AU0 ALUMINUM CO AMER 6.7 | 3,661 | 3,159 |
| 38141GXG4 GOLDMAN SACHS GROUP | 25,323 | 21,090 |
| 20030NDM0 COMCAST CORP | 26,973 | 22,789 |
| 247361ZZ4 DELTA AIR LINES INC | 5,505 | 5,169 |
| 962178AN9 TRI POINTE HOLDINGS | 5,213 | 5,000 |
| 40410KAA3 H.B. FULLER CO | 3,048 | 2,805 |
| 91282CCZ2 US TREASURY NOTE | 36,520 | 33,984 |
| 78410GAD6 SBA COMMUNICATIONS | 5,237 | 4,802 |
| 92343VGJ7 VERIZON COMMUNICATIO | 26,827 | 22,419 |
| 750236AW1 RADIAN GROUP INC | ||
| 00101JAH9 ADT CORP 4.125% 6/15 | ||
| 037833EJ5 APPLE INC | 25,242 | 21,751 |
| 15135BAT8 CENTENE CORP | ||
| 228255AH8 CROWN CORK & SEAL CO | 4,926 | 4,200 |
| 144285AL7 CARPENTER TECHNOLOGY | 5,506 | 4,981 |
| 85205TAG5 SPIRIT AEROSYSTEMS | 1,910 | 1,922 |
| 55342UAG9 MPT OPER PARTNERSP/F | ||
| 451102BW6 ICAHN ENTERPRISES/FI | ||
| 703481AB7 PATTERSON-UTI ENERGY | 4,975 | 4,657 |
| 817565CE2 SERVICE CORP INTL | 5,438 | 4,900 |
| 00774CAB3 AECOM | 3,349 | 2,978 |
| 345370CX6 FORD MOTOR COMPANY | 5,838 | 5,891 |
| 043436AV6 ASBURY AUTOMOTIVE GR | 5,375 | 4,667 |
| 06051GHZ5 VR BANK OF AMERICA | 26,454 | 22,327 |
| 225310AM3 CREDIT ACCEPTANCE CO | 5,063 | 4,988 |
| 9128283W8 US TREASURY NOTE | ||
| 451102BZ9 ICAHN ENTERPRISES/FI | ||
| 023135BS4 AMAZON.COM INC | 27,017 | 22,868 |
| 70959WAJ2 PENSKE AUTOMOTIVE GR | 5,054 | 4,851 |
| 29261AAB6 ENCOMPASS HEALTH COR | 2,075 | 1,883 |
| 780153AW2 ROYAL CARIBBEAN CRUI | 5,530 | 5,531 |
| 845467AR0 SOUTHWESTERN ENERGY | 3,165 | 2,928 |
| 958254AK0 WESTERN GAS PARTNERS | ||
| 156504AL6 CENTURY COMMUNITIES | 5,339 | 5,054 |
| 1248EPCN1 CCO HLDGS LLC/CAP CO | 4,781 | 4,282 |
| 552848AG8 MGIC INVESTMENT CORP | 5,125 | 4,867 |
| 88033GCS7 TENET HEALTHCARE COR | ||
| 91324PDY5 UNITEDHEALTH GROUP | 28,366 | 21,200 |
| 150190AB2 CEDAR FAIR/CAN/MAGNU | 4,965 | 4,892 |
| 879369AF3 TELEFLEX INC | 5,310 | 4,860 |
| 444454AD4 HUGHES SATELLITE SYS | ||
| 893647BL0 TRANSDIGM INC | 5,224 | 4,899 |
| 12513GBA6 CDW LLC/CDW FINANCE | 4,372 | 3,988 |
| 163851AE8 CHEMOURS CO 5.375% 5 | 5,320 | 4,886 |
| 87612BBS0 TARGA RESOURCES PART | ||
| 161175BN3 CHARTER COMM OPT LLC | 4,669 | 4,437 |
| 911365BL7 UNITED RENTALS NORTH | 4,630 | 4,923 |
| 85207UAK1 SPRINT CORP | 4,710 | 4,179 |
| 912810SX7 US TREASURY BOND 2.3 | 40,349 | 42,815 |
| 852234AN3 BLOCK INC | ||
| 55616XAM9 MACYS RETAIL HLDGS 4 | 1,475 | 1,621 |
| 37940XAP7 GLOBAL PAYMENTS INC | ||
| 988498AR2 YUM! BRANDS INC | 4,688 | 4,913 |
| 88947EAU4 TOLL BROS FINANCE CO | ||
| 911365BN3 UNITED RENTALS NORTH | 5,153 | 4,606 |
| 629377CE0 NRG ENERGY INC | 4,806 | 4,982 |
| 22819KAB6 CROWN AMER/CAP CORP | 4,593 | 4,850 |
| 161175BL7 CHARTER COMM OPT LLC | 2,357 | 2,549 |
| 345370CR9 FORD MOTOR COMPANY | 1,905 | 1,949 |
| 694308JN8 PACIFIC GAS AND ELEC | 4,070 | 4,271 |
| 253393AF9 DICK'S SPORTING GOOD | ||
| 22788CAA3 CROWDSTRIKE HOLDINGS | 4,595 | 4,519 |
| 05329RAA1 AUTONATION INC | ||
| 337932AH0 FIRSTENERGY CORP | 5,000 | 4,809 |
| 058498AX4 BALL CORP | ||
| 201723AP8 COMMERCIAL METALS CO | 4,765 | 4,424 |
| 912810SF6 US TREASURY BOND | 25,751 | 26,039 |
| 404119CA5 HCA INC | ||
| 15135BAR2 CENTENE CORP | 4,793 | 4,818 |
| 87264ABU8 T-MOBILE USA INC | ||
| 513075BR1 LAMAR MEDIA CORP | 4,477 | 4,690 |
| 36186CBY8 GMAC LLC 8.000% 11/0 | ||
| 91282CDQ1 US TREASURY NOTE 1.2 | 25,443 | 23,999 |
| 852234AP8 BLOCK INC | ||
| 13123XAZ5 CALLON PETROLEUM CO | 4,875 | 4,976 |
| 78410GAG9 SBA COMMUNICATIONS | 4,550 | 4,493 |
| 058498AY2 BALL CORP | 2,015 | 2,078 |
| 058498AZ9 BALL CORP | 5,038 | 5,106 |
| 12612WAB0 CON-WAY INC 6.700% 5 | 3,948 | 4,091 |
| 144285AM5 CARPENTER TECHNOLOGY | 1,990 | 2,062 |
| 226373AP3 CRESTWOOD MID PARTNE | 4,954 | 5,002 |
| 228180AB1 CROWN AMERICAS LLC | 4,763 | 4,924 |
| 26885BAE0 EQT MIDSTREAM PARTNE | 4,513 | 5,123 |
| 29336UAF4 ENLINK MIDSTREAM PAR | 4,878 | 4,899 |
| 37045XEF9 GENERAL MOTORS FINL | 5,009 | 5,032 |
| 432891AK5 HILTON WORLDWIDE FIN | 6,865 | 6,895 |
| 501797AN4 L BRANDS INC | 4,813 | 4,945 |
| 516806AG1 VITAL ENERGY INC 10. | 4,060 | 4,110 |
| 59001AAY8 MERITAGE HOMES CORP | 1,010 | 997 |
| 626717AM4 MURPHY OIL CORP | 4,898 | 4,975 |
| 680665AK2 OLIN CORP | 4,748 | 4,771 |
| 682695AA9 ONEMAIN FINANCE CORP | 4,998 | 5,286 |
| 69318FAJ7 PBF HOLDING CO LLC | 4,708 | 4,868 |
| 694308KF3 PACIFIC GAS & ELECTR | 3,995 | 4,032 |
| 72147KAK4 PILGRIM'S PRIDE CORP | 4,888 | 5,145 |
| 81180WAR2 SEAGATE HDD CAYMAN | 4,841 | 4,904 |
| 852060AD4 SPRINT CAP CORP 6.87 | 4,254 | 4,334 |
| 87485LAC8 TALOS PRODUCTION IN | 4,225 | 4,115 |
| 87901JAH8 TEGNA INC | 4,438 | 4,581 |
| 88033GCZ1 TENET HEALTHCARE COR | 4,843 | 4,944 |
| 88033GDK3 TENET HEALTHCARE COR | 4,648 | 4,986 |
| 88033GDQ0 TENET HEALTHCARE COR | 4,673 | 5,055 |
| 91282CGJ4 US TREASURY NOTE | 27,548 | 27,384 |
| 91740PAF5 USA COM PART/USA COM | 4,895 | 4,941 |
| 931427AH1 WALGREENS BOOTS ALLI | 1,965 | 1,964 |
| 958102AM7 WESTERN DIGITAL CORP | 1,930 | 1,962 |
| 00751YAJ5 ADVANCE AUTO PARTS | 4,724 | 4,974 |
| 013817AJ0 ALCOA INC 5.900% 2/0 | 4,075 | 4,103 |