| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PVTPL MACQUARIE GROUP LTD SR 4.15% 03-27-2024 | 1,156,076 | 1,156,076 |
| ANHEUSER-BUSCH COS LLC CORP 4.9% 02-01-2046 | 1,436,394 | 1,436,394 |
| PVTPL AIR CANADA 2015-1A PTT 3.6% DUE 03-15-2027 | 1,106,258 | 1,106,258 |
| PVTPL WEA FIN LLC/WESTFIELD 3.25% 10-05-2020 | 1,199,583 | 1,199,583 |
| PVTPL DAIMLER FIN NORTH AMER LLC V 2.55%DUE 08-15-2022 | 1,140,512 | 1,140,512 |
| PVTPL VOLKSWAGEN GROUP AMER 144A 4.625% DUE 11-13-2025 | 803,797 | 803,797 |
| PVTPL TOYOTA INDS CORP FIXED 3.11% 03-12-2022 | 1,954,243 | 1,954,243 |
| AERCAP IRELAND FIXED 4.45% DUE 10-01-2025 | 1,618,350 | 1,618,350 |
| PVTPL NXP B V / NXP FDG LLC SR NT 144A 4.625% DUE 06-01-2023 BEO | 870,248 | 870,248 |
| PVTPL RABOBANK NEDERLAND GLOBAL MEDIUM 3.875% 09-26-2023 | 1,374,610 | 1,374,610 |
| UBS GROUP FDG 4.125% DUE 04-15-2026 | 1,413,858 | 1,413,858 |
| LLOYDS BKG GROUP 2.858% DUE 03-17-2023 | 760,365 | 760,365 |
| PVTPL BAE SYS HLDGS INC GTD NT 144A 3.8%DUE 10-07-2024 BEO | 800,476 | 800,476 |
| AIR LEASE CORP 3.5% DUE 01-15-2022 | 1,541,552 | 1,541,552 |
| AMERICAN AIRLS 2015-1 PASS THRU TRS 3.375% DUE 05-01-2027 | 1,733,611 | 1,733,611 |
| AMERICAN INTL GROUP INC 4.125 DUE 02-15-2024 | 1,396,081 | 1,396,081 |
| AMERN EXPRESS CO 3.4% 02-27-2023 | 1,479,663 | 1,479,663 |
| AQUARION CO 4% DUE 08-15-2024 | 377,612 | 377,612 |
| AT&T INC 3.4% DUE 05-15-2025 | 953,018 | 953,018 |
| AT&T INC SR NT 144A ZERO CPN CORP BD DUE11-27-2022 | 1,870,078 | 1,870,078 |
| BANK AMER CORP 3.5% DUE 04-19-2026 | 486,043 | 486,043 |
| BANK AMER CORP 4.33% 03-15-2050 | 876,437 | 876,437 |
| BSTN PPTYS LTD 2.75% DUE 10-01-2026 | 1,724,350 | 1,724,350 |
| CHARTER 6.384% DUE 10-23-2035 | 2,076,766 | 2,076,766 |
| CIGNA CORP NEW CORP 4.125% 11-15-2025 | 1,016,873 | 1,016,873 |
| CITIGROUP INC 3.4% DUE 05-01-2026 | 1,448,877 | 1,448,877 |
| COMCAST CORP 3.0% 02-01-2024 | 1,969,372 | 1,969,372 |
| COMMONSPIRIT HLTH 4.187% DUE 10-01-2049 | 789,860 | 789,860 |
| COMMONWEALTH EDISON CO 3.7% 08-15-2028 | 1,630,180 | 1,630,180 |
| DIGITAL RLTY TR LP FIXED 3.7% 08-15-2027 | 1,271,686 | 1,271,686 |
| ENERGY TRANSFER FIXED 5.5% DUE 06-01-2027 | 649,819 | 649,819 |
| EVERSOURCE ENERGY 2.5% DUE 03-15-2021 | 1,609,386 | 1,609,386 |
| FEDEX CORP 4.05% DUE 02-15-2048 | 793,270 | 793,270 |
| GE CAP INTL FDG CO 2.342% DUE 11-15-2020 | 1,138,919 | 1,138,919 |
| GE CAP INTL FDG CO 4.418% DUE 11-15-2035 | 440,730 | 440,730 |
| GEN MTRS FINL CO FIXED 4.15% 06-19-2023 | 1,575,734 | 1,575,734 |
| GOLDMAN SACHS 5.75% DUE 01-24-2022 | 2,254,382 | 2,254,382 |
| JPMORGAN CHASE & 4.203% DUE 07-23-2029 | 2,232,580 | 2,232,580 |
| KROGER CO 4 DUE 02-01-2024 | 1,467,849 | 1,467,849 |
| LOCKHEED MARTIN 4.7% DUE 05-15-2046 | 826,520 | 826,520 |
| MOODYS CORP 3.25% DUE 06-07-2021 | 1,641,857 | 1,641,857 |
| MORGAN STANLEY 3.125% DUE 07-27-2026 | 664,956 | 664,956 |
| MORGAN STANLEY 3.875% DUE 01-27-2026 | 722,865 | 722,865 |
| NEXTERA ENERGY CAP STEP CPN 2.403% DUE 09-01-2021 | 870,232 | 870,232 |
| NORFOLK SOUTHN 5.1% DUE 08-01-2118 | 827,907 | 827,907 |
| OCCIDENTAL PETE CORP SR NT 0% DUE 10-10-2036 REG | 2,009,350 | 2,009,350 |
| ONCOR ELEC 3.7% DUE 11-15-2028 | 864,795 | 864,795 |
| PACIFICORP 4.125% DUE 01-15-2049 | 1,029,267 | 1,029,267 |
| PENSKE TRUCK 4.125% DUE 08-01-2023 | 1,477,956 | 1,477,956 |
| PHILLIPS 66 2.45% DUE 12-15-2024 | 726,622 | 726,622 |
| PVTPL ABBVIE INC SR NT 144A 2.3% DUE 11-21-2022 | 1,608,087 | 1,608,087 |
| PVTPL BLACKSTONE HLDGS FIN L L C SR NT 144A 3.5% DUE 09-10-2049/09-10-2019 | 960,533 | 960,533 |
| PVTPL BROADCOM INC 3.625% 10/15/2024 | 861,028 | 861,028 |
| PVTPL CIM 2014 LOAN TRUST I RESTR TRUST CERTIFICATE CORP 3.4% 03-01-20 | 1,455,156 | 1,455,156 |
| PVTPL COX COMMUNICATIONS INC NEW NT 144A3.25% DUE 12-15-2022 BEO | 1,790,985 | 1,790,985 |
| PVTPL CVS HEALTH CORP PASSTHRU CTF 7.507 DUE 01-10-2032 | 1,972,640 | 1,972,640 |
| PVTPL FERGUSON FIN PLC 4.5% 10-24-2028 | 1,238,922 | 1,238,922 |
| PVTPL FIVE CORNERS FDG TR SECS 3C7 4.419 DUE 11-15-2023 | 1,438,504 | 1,438,504 |
| PVTPL KKR GROUP FIN CO II LLC 5.5 DUE 02-01-2043 | 1,528,871 | 1,528,871 |
| PVTPL KKR GROUP FIN CO III LLC SR NT 144A 5.125 DUE 06-01-2044/05-29-2014 | 652,615 | 652,615 |
| PVTPL LIBERTY MUT GROUP INC 4.569% DUE 02-01-2029 BEO | 870,574 | 870,574 |
| PVTPL LIBERTY MUT GROUP INC GTD SR NT 144A 4.25% DUE 06-15-2023 BEO | 234,856 | 234,856 |
| PVTPL SCHLUMBERGER HLDGS CORP 3.9% DUE 05-17-2028 BEO | 869,370 | 869,370 |
| RYDER SYS INC FIXED 2.5% 09-01-2024 | 1,371,441 | 1,371,441 |
| SEMPRA ENERGY 2.9% DUE 02-01-2023 | 407,955 | 407,955 |
| SOUTHERN CO 3.25% DUE 07-01-2026 | 1,250,271 | 1,250,271 |
| SUNOCO LOGISTICS 3.9% DUE 07-15-2026 | 1,317,316 | 1,317,316 |
| UTD AIRLS PASS 2.875% DUE 04-07-2030 | 2,535,813 | 2,535,813 |
| VA ELEC & PWR CO 3.15% DUE 01-15-2026 | 1,254,581 | 1,254,581 |
| VENTAS RLTY LTD PARTNERSHIP 4.4% 01-15-2029 | 758,308 | 758,308 |
| VERIZON COMMUNICATIONS 4.522% 09-15-2048 | 850,761 | 850,761 |
| VOYA FINL INC 3.125% DUE 07-15-2024 | 1,115,165 | 1,115,165 |
| WELLTOWER INC 3.95% 09-01-2023 | 1,401,701 | 1,401,701 |
| FED NATL MTG ASSN GTD MTG POOL #AL4316 7.00 10-15-2038 BEO | 127,752 | 127,752 |
| FEDERAL HOME LN MTG CORP POOL #G07505 7%02-01-2039 BEO | 231,462 | 231,462 |
| FEDERAL HOME LN MTG CORP POOL #G07930 3%06-01-2043 BEO | 2,027,412 | 2,027,412 |
| FEDERAL HOME LN MTG CORP POOL #G60587 4%02-01-2046 BEO | 2,553,875 | 2,553,875 |
| FEDERAL HOME LN MTG CORP POOL #G60658 3.5% 07-01-2046 BEO | 2,175,047 | 2,175,047 |
| FEDERAL HOME LN MTG CORP POOL #J13715 3.5% 12-01-2020 BEO | 136 | 136 |
| FEDERAL HOME LN MTG CORP POOL #J20909 3.5% 10-01-2022 BEO | 1,908 | 1,908 |
| FEDERAL HOME LN MTG CORP POOL #Z40117 FIXED 3% 04-01-2045 BEO | 3,996,478 | 3,996,478 |
| FEDERAL HOME LN MTG CORP POOL #Z40126 6%04-01-2036 BEO | 3,853,766 | 3,853,766 |
| FEDERAL HOME LN MTG CORP POOL #ZT1748 5%01-01-2049 BEO | 1,611,369 | 1,611,369 |
| FEDERAL NATL MTG ASSN GTD MTG POOL #AH8966 3.5% 03-01-2021 BEO | 1,453 | 1,453 |
| FEDERAL NATL MTG ASSN GTD MTG POOL #AK7791 4.5% 03-01-2042 BEO | 56,252 | 56,252 |
| FEDERAL NATL MTG ASSN GTD MTG POOL #AL3757 5% 03-01-2027 BEO | 35,671 | 35,671 |
| FHLMC GOLD G67703 3.5% 04-01-2047 | 3,841,682 | 3,841,682 |
| FHLMC MULTICLASS SER 18-4 CL MA 3.5% FIXED UE 11-25-2057 REG | 2,154,287 | 2,154,287 |
| FHLMC MULTICLASS TRANCHE 3.5% DUE 08-25-2058 REG | 823,445 | 823,445 |
| FHLMC POOL ZA7162 5.0% 06-01-2049 REG | 1,217,345 | 1,217,345 |
| FNMA POOL #725027 5% DUE 11-01-2033 BEO | 1,086,760 | 1,086,760 |
| FNMA POOL #735676 5% 07-01-2035 BEO | 1,802,664 | 1,802,664 |
| FNMA POOL #888009 6.5% 12-01-2034 BEO | 942,076 | 942,076 |
| FNMA POOL #888610 5% 10-01-2036 BEO | 906,051 | 906,051 |
| FNMA POOL #AE2033 3.5% 09-01-2020 BEO | 2,427 | 2,427 |
| FNMA POOL #AR9221 3% 03-01-2043 BEO | 856,038 | 856,038 |
| FNMA POOL #AY8188 4% DUE 04-01-2045 BEO | 3,237,784 | 3,237,784 |
| FNMA POOL #BJ0644 3.5% 03-01-2048 BEO | 5,694,231 | 5,694,231 |
| FNMA POOL #BM1105 5% 07-01-2041 BEO | 516,212 | 516,212 |
| FNMA POOL #BM3694 4% 11-01-2037 BEO | 4,120,422 | 4,120,422 |
| FNMA POOL #BM3719 4.5% 12-01-2045 BEO | 4,554,631 | 4,554,631 |
| FNMA POOL #BM3820 4% 02-01-2047 BEO | 4,241,003 | 4,241,003 |
| FNMA POOL #BM3897 4.5% 04-01-2048 BEO | 1,362,231 | 1,362,231 |
| FNMA POOL #BM4144 5% 07-01-2047 BEO | 4,124,911 | 4,124,911 |
| FNMA POOL #BM5827 5% 04-01-2049 BEO | 1,673,635 | 1,673,635 |
| FNMA POOL #BO0991 4.0% 07-01-2049 | 1,380,661 | 1,380,661 |
| FNMA POOL #BO1024 4.0% DUE 08-01-2049 | 1,157,089 | 1,157,089 |
| FNMA POOL #FM1266 5% 07-01-2049 BEO | 1,514,489 | 1,514,489 |
| FNMA POOL #ZN6183 3.5% DUE 05-01-2049 | 1,372,198 | 1,372,198 |
| FNMA REMIC SER 2012-111 CL-B 7 DUE 10-25-2042 REG | 61,725 | 61,725 |
| FREDDIE MAC POOL #ZT1949 5.0% DUE 05-25-2023 REG | 741,292 | 741,292 |
| GNMA POOL #784638 SER 2046 4% DUE 09-15-2046 BEO | 2,484,561 | 2,484,561 |
| GNMA POOL #AN2977 4.5% 09-20-2045 BEO | 2,908,111 | 2,908,111 |
| GNMA POOL #BB4699 4.5% 08-20-2047 BEO | 3,704,914 | 3,704,914 |
| BANK 2018-BNK14 SER 2008-BN14 CL ASB 4.185% 09-15-2060 REG | 960,030 | 960,030 |
| CMO BENCHMARK 2019-B15 MTG TR A5 2.928% DUE 12-15-2072 | 710,492 | 710,492 |
| CMO CITIGROUP COML MTG TR SER 18-C6 CL A4 0.0% 11-01-2028 | 1,561,457 | 1,561,457 |
| CMO CITIGROUP COML MTG TR SER 2018-C6 CL A3 11-10-2051 | 606,777 | 606,777 |
| CMO COMM 2012-CCRE5 MTG TR MTG PASSTHRU CTF CL A-3 2.54% DUE 12-10-2045 REG | 3,345,867 | 3,345,867 |
| CMO UBS COML MTG TR 2012-C1 COML MTG PASSTHRU CTF CL A-3 3.4 05-10-2045 | 1,670,529 | 1,670,529 |
| CMO WFRBS COML MTG TR 2012-C10 WFRBS MTGTR 2012-C10 CL A3 2.875 12-15-45 | 1,753,986 | 1,753,986 |
| CVS HEALTH CORP PASSTHRU CTF 5.773% DUE 01-10-2033/03-10-2011 BEO SF 06-10-2 | 974,943 | 974,943 |
| GS MTG SECS TR 2.86% DUE 06-10-2046 | 1,015,588 | 1,015,588 |
| GS MTG SECS TR 3.377% DUE 05-10-2045 | 2,164,337 | 2,164,337 |
| J P MORGAN CHASE COML MTG SECS 2012-CBX PASSTHRU CTF CL A-4 3.4834 06-15-204 | 2,284,859 | 2,284,859 |
| PVTPL CMO BX COML MTG TR 2019-XL COML MTG PASSTHRU CTF CL A 144A 10-15-203 | 1,885,510 | 1,885,510 |
| UBS COMMERCIAL MORTGAGE TRUSTSER 2018-C13 CL ASB 4.241% 10-15-2051 | 1,374,463 | 1,374,463 |
| ALLY MASTER OWNER SER-2018-4 CL-A 3.3% 07-17-2023 REG | 3,058,974 | 3,058,974 |
| FORD CR FLOORPLAN MASTER OWNER TR A SER 2018-3 CLASS A1 3.52% DUE 10-15- | 1,113,042 | 1,113,042 |
| GM FINL CNSMR 2.97% DUE 11-16-2023 | 1,903,801 | 1,903,801 |
| HONDA AUTO RECEIVABLES 2018-3 OWNER ASSET BACKED NT CL A-3 2.95% DUE 08-22-2 | 1,616,124 | 1,616,124 |
| PVTPL ARI FLEET LEASE TR SER 2018-A CL A-2 2.55% 10-15-2026 | 715,890 | 715,890 |
| PVTPL CCG RECEIVABLES TR 2018-2 ASSET BACKED NT CL A-2 3.09% 12-14-2025 | 1,354,299 | 1,354,299 |
| PVTPL DB MASTER FIN LLC SR SECD NT CL A-2-I 3.787% 05-20-2049 | 1,136,160 | 1,136,160 |
| PVTPL GMF FLOORPLAN OWNER REVOLVING TR 2018-4 CL A-1 3.5% 09-15-2023 | 1,094,700 | 1,094,700 |
| PVTPL IINVITATION HOMES SER 2018-SFR1 CLS A FLTG 03-17-2037 BEO | 576,486 | 576,486 |
| PVTPL NEXTGEAR FLOORPLAN MASTER OWNER TRUST SER 2017-2A CL A1 FRN 10-17-20 | 1,603,574 | 1,603,574 |
| PVTPL NEXTGEAR FLOORPLAN MASTER SER 19-1A CL A2 02-15-2024 | 2,129,286 | 2,129,286 |
| PVTPL PROGRESS RESIDENTIAL TRUST SER 2018-SFR3 CL A 3.88% DUE 10-17-2035 BEO | 1,191,013 | 1,191,013 |
| PVTPL STACK INFRASTRUCTURE ISSUER LLC SER 19-2A CL A2 3.08% DUE 10-25-2044 | 605,068 | 605,068 |
| PVTPL WENDYS FDG LLC SER 2018-1A CL A-2-I 3.573% 03-15-2048 | 831,802 | 831,802 |
| SMALL BUSINESS 2.57% DUE 11-01-2036 | 975,876 | 975,876 |
| SMALL BUSINESS ADMIN GTD SER 2016-20I CL 1 2.03% 09-01-2036 | 962,936 | 962,936 |
| SMALL BUSINESS ADMIN GTD DEV PARTN CTF SER 2018-20H CL 1 3.58% 08-01-2038 R | 1,991,232 | 1,991,232 |
| SMALL BUSINESS ADMIN GTD DEV PARTN CTF SR-2018-20B CL-1 3.22% 02-01-2038 | 2,277,549 | 2,277,549 |
| SMALL BUSINESS ADMIN GTD DEV SER 2015-20E CL 1 2.77% DUE 05-01-2035 | 1,124,674 | 1,124,674 |
| TOYOTA AUTO RECEIVABLES 2018-C ASSET BACKED NT CL A-3 3.29% DUE 12-15-2022 | 1,327,367 | 1,327,367 |
| VERIZON OWNER TR 2018-A SR 18-A CL A1A 3.23% 04-20-2023 | 2,093,871 | 2,093,871 |
| PVTPL CMO J P MORGAN MTG TR SER-18-8 CL-A15 VAR 01-25-2049 BEO | 598,696 | 598,696 |
| PVTPL CMO PSMC 2019-2 TR SER 19-2 CLS A3VAR RT DUE 03-25-2022 BEO | 802,481 | 802,481 |
| PVTPL J P MORGAN MTG SER 18-4 CL A15 VAR 10-25-2048 | 1,074,787 | 1,074,787 |
| PVTPL J P MORGAN MTG TR 2016-4 MTG PASS THRU CTF CL A-5 VAR RT 10-25-2046 | 900,036 | 900,036 |
| PVTPL J P MORGAN MTG TR SER 2017-4 CL A-5 VAR 11-25-2047 | 727,900 | 727,900 |
| WELLS FARGO MTG 4% DUE 04-25-2049 | 521,019 | 521,019 |