| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| A M S AG REGS 0.875% 9/28/22 | 690,240 | 753,438 |
| A T & T INC 3.65% 9/15/59 | 339,825 | 402,886 |
| A T & T INC 3.55% 9/15/55 | 199,258 | 235,200 |
| ABBVIE INC 4.05% 11/21/39 | 305,626 | 369,120 |
| ABBVIE INC 4.25% 11/21/49 | 245,237 | 344,801 |
| AIR TRANSPORT SERVIC 1.125% 10/15/24 | 63,439 | 84,271 |
| ALLEGHENY TECH INC 4.75% 7/01/22 | 46,292 | 69,388 |
| ANHEUSER-BUSCH INBEV 3.5% 6/01/30 | 299,370 | 347,508 |
| ANHEUSER-BUSCH INBEV 4.5% 6/01/50 | 349,406 | 441,791 |
| APHRIA INC 5.25% 6/01/24 | 377,673 | 564,374 |
| APOLLO CMMRL REAL 4.75% 8/23/22 | 739,947 | 773,503 |
| ARBOR REALTY TRUST IN 4.75% 11/01/22 | 874,293 | 900,819 |
| ARES CAPITAL CORP 4.625% 3/01/24 | 761,992 | 791,480 |
| ASHMORE EMERG MKT TOT RETURN | 22,701,629 | 21,143,808 |
| AT&T INC 4.5% 3/09/48 | 780,199 | 1,075,339 |
| ATLAS AIR WORLDWIDE 2.25% 6/01/22 | 135,928 | 159,812 |
| AURORA CANNABIS INC 5.5% 2/28/24 | 353,261 | 354,315 |
| AVAYA HLDGS CORP 2.25% 6/15/23 | 255,710 | 302,081 |
| B N P PARIBAS 4.25% 10/15/24 | 1,147,312 | 1,294,831 |
| B N P PARIBAS 4.625% 3/13/27 | 260,654 | 261,999 |
| BANK OF AMERICA CORP 4.2% 8/26/24 | 184,865 | 207,104 |
| BANK OF AMERICA CORP 4.45% 3/03/26 | 124,251 | 145,694 |
| BANK OF AMERICA CORP 3.004% 12/20/23 | 1,201,896 | 1,145,131 |
| BANK OF AMERICA CORP 4.083% 3/20/51 | 150,000 | 189,431 |
| BANK OF AMERICA CORP 4.183% 11/25/27 | 317,996 | 377,029 |
| BANK ONE CORP 8.75% 9/01/30 | 332,318 | 334,825 |
| BARCLAYS PLC 4.375% 9/11/24 | 424,163 | 472,859 |
| BARCLAYS PLC 4.836% 5/09/28 | 225,648 | 259,331 |
| BAT CAPITAL CORP 2.726% 3/25/31 | 273,766 | 284,829 |
| BAT CAPITAL CORP 3.984% 9/25/50 | 247,546 | 260,885 |
| BAT CAPITAL CORP 2.259% 3/25/28 | 100,000 | 103,805 |
| BAT CAPITAL CORP 3.734% 9/25/40 | 50,000 | 52,152 |
| BAYER US FINANCE II 4.375% 12/15/28 | 626,530 | 735,138 |
| BENEFITFOCUS INC 1.25% 12/15/23 | 334,862 | 356,400 |
| BLACKROCK STRAT INC OPP-INST | 56,545,604 | 58,978,492 |
| BLACKSTONE MORTGAGE 4.375% 5/05/22 | 544,263 | 566,921 |
| BNP PARIBAS 4.375% 9/28/25 | 272,388 | 314,597 |
| BNSF RAILWAY CO 20 5.342% 4/01/24 | 89,134 | 96,866 |
| BOINGO WIRELESS INC 1.0% 10/01/23 | 120,426 | 125,355 |
| BOSTON PROPERTIES LP 3.25% 1/30/31 | 129,805 | 143,328 |
| BOSTON PROPERTIES LP 3.85% 2/01/23 | 610,288 | 664,919 |
| BOSTON PROPERTIES LP 4.125% 5/15/21 | 282,513 | 276,139 |
| BURLINGTN NO SF 00-1 8.251% 1/15/21 | 64,566 | 53,382 |
| C V S HEALTH CORP 4.78% 3/25/38 | 323,931 | 380,094 |
| C V S HEALTH CORP 5.05% 3/25/48 | 101,493 | 135,528 |
| C V S HEALTH CORP 4.125% 4/01/40 | 122,893 | 149,955 |
| CALAMP CORP 2.0% 8/01/25 | 189,636 | 204,551 |
| CALIFORNIA ST 7.3% 10/01/39 | 309,980 | 330,126 |
| CALIFORNIA ST 7.625% 3/01/40 | 528,552 | 694,212 |
| CAPITAL ONE FINANCIA 3.5% 6/15/23 | 258,698 | 295,103 |
| CAPITAL ONE FINANCIAL 4.2% 10/29/25 | 326,618 | 371,056 |
| CEMEX SAB DE CV 5.2% 9/17/30 | 400,175 | 438,600 |
| CEMEX SAB DE CV 7.375% 6/05/27 | 526,344 | 540,550 |
| CEMEX SAB DE CV 7.75% 4/16/26 | 397,500 | 421,800 |
| CHARTER COMM OPT LLC 5.375% 5/01/47 | 149,952 | 187,217 |
| CHARTER COMM OPT LLC 6.484% 10/23/45 | 1,716,504 | 2,227,775 |
| CHEFS WHSE INC 1.875% 12/01/24 | 126,525 | 158,865 |
| CHENIERE ENERGY INC 4.875% 5/28/21 | 322,038 | 318,978 |
| CIGNA CORP 3.75% 7/15/23 | 156,567 | 169,728 |
| CIGNA CORP 7.875% 5/15/27 | 160,462 | 164,605 |
| CITIGROUP CAPITAL XI 7.875% | 1,332,096 | 1,379,400 |
| COCA-COLA CO/THE 1.65% 6/01/30 | 598,776 | 616,284 |
| COLONY CAPITAL INC 5.0% 4/15/23 | 549,146 | 564,432 |
| COX COMMUNICATIONS IN 2.95% 6/30/23 | 257,319 | 315,606 |
| COX COMMUNICATIONS INC 3.5% 8/15/27 | 912,125 | 1,045,731 |
| DELL INT LLC / EMC C 6.1% 7/15/27 | 99,762 | 124,300 |
| DIAMOND 1 FIN/DIAMOND 6.02% 6/15/26 | 135,394 | 152,494 |
| DISH NETWORK CORP 2.375% 3/15/24 | 688,392 | 753,931 |
| DOMINION RESOURCES 4.104% 4/01/21 | 175,126 | 176,554 |
| DOMINION RESOURCES IN 5.75% 10/01/54 | 629,250 | 668,568 |
| DOW CHEMICAL CO 7.375% 11/01/29 | 630,675 | 712,915 |
| DOW CHEMICAL CO/THE 5.55% 11/30/48 | 128,341 | 179,771 |
| DYCOM INDUSTRIES INC 0.75% 9/15/21 | 538,332 | 607,465 |
| ELANCO ANIMAL HEALTH 4.912% 8/27/21 | 75,000 | 76,688 |
| ELANCO ANIMAL HEALTH 5.272% 8/28/23 | 75,000 | 81,938 |
| ELANCO ANIMAL HEALTH 5.9% 8/28/28 | 298,094 | 324,500 |
| ENCORE CAPITAL GROUP 2.875% 3/15/21 | 620,453 | 701,856 |
| ENEL FINANCE INTL NV 6.8% 9/15/37 | 966,771 | 1,434,898 |
| ERP OPERATING LP 3.0% 4/15/23 | 577,831 | 658,125 |
| EVOLENT HEALTH INC 2.0% 12/01/21 | 349,604 | 406,175 |
| EXXON MOBIL CORPORAT 2.61% 10/15/30 | 225,000 | 245,763 |
| EXXON MOBIL CORPORAT 3.452% 4/15/51 | 250,000 | 285,723 |
| EXXON MOBIL CORPORAT 4.227% 3/19/40 | 284,313 | 342,471 |
| EXXON MOBIL CORPORAT 4.327% 3/19/50 | 482,447 | 589,167 |
| EZCO RP INC 2.375% 5/01/25 | 352,058 | 371,507 |
| FEDEX CORP 5.25% 5/15/50 | 343,135 | 460,340 |
| FHLMC GOLD A64639 6.5% 8/01/37 | 20,554 | 23,119 |
| FHLMC GOLD C91377 4.5% 6/01/31 | 227,892 | 234,173 |
| FHLMC GOLD C91402 4.0% 10/01/31 | 214,168 | 222,600 |
| FHLMC GOLD C91925 3.5% 4/01/37 | 1,424,907 | 1,463,465 |
| FHLMC GOLD E02388 6.0% 9/01/22 | 16,903 | 17,153 |
| FHLMC GOLD G01749 5.5% 1/01/35 | 74,426 | 80,233 |
| FHLMC GOLD G01767 6.5% 12/01/32 | 105,523 | 119,956 |
| FHLMC GOLD G06447 4.5% 5/01/41 | 205,122 | 216,004 |
| FHLMC GOLD G07504 4.5% 7/01/41 | 252,338 | 265,594 |
| FHLMC GOLD G07515 4.5% 9/01/41 | 29,098 | 30,514 |
| FHLMC GOLD G08768 4.5% 6/01/47 | 569,125 | 577,985 |
| FHLMC GOLD G08772 4.5% 7/1/47 | 1,328,505 | 1,342,648 |
| FHLMC GOLD H09203 6.0% 6/01/38 | 7,599 | 7,405 |
| FHLMC GOLD H09212 5.5% 5/01/38 | 34,363 | 35,481 |
| FHLMC GOLD POOL #G0760 4.5% 3/01/42 | 133,165 | 140,451 |
| FHLMC GOLD V83115 4.5% 3/1/47 | 290,221 | 295,993 |
| FHLMC POOL # 1B1150 2.416% 9/1/33 | 50,942 | 53,238 |
| FHLMC POOL # 1B7006 2.929% 11/1/35 | 107,707 | 123,345 |
| FHLMC POOL # 1G0169 3.463% 4/1/35 | 110,326 | 111,853 |
| FHLMC POOL # 1G0782 3.731% 3/1/36 | 42,020 | 45,887 |
| FHLMC POOL # 2B2558 3.033% 5/1/44 | 206,263 | 205,720 |
| FHLMC POOL # 2B3821 2.69% 2/1/45 | 341,216 | 341,754 |
| FHLMC POOL # 2B4962 2.836% 12/1/45 | 396,246 | 402,159 |
| FHLMC POOL # 840423 2.703% 10/1/46 | 293,816 | 296,349 |
| FHLMC POOL # 849254 2.959% 1/1/42 | 41,317 | 41,648 |
| FHLMC POOL # 849399 3.097% 5/1/44 | 262,432 | 262,186 |
| FHLMC POOL # 849402 2.911% 7/1/44 | 147,329 | 147,391 |
| FHLMC POOL # 849626 3.367% 8/1/44 | 229,876 | 230,165 |
| FHLMC POOL # 849885 2.783% 12/1/45 | 124,955 | 126,537 |
| FHLMC POOL #RA-2958 2.0% 7/01/50 | 1,605,392 | 1,628,335 |
| FHLMC POOL #RA-3053 2.0% 7/01/50 | 658,870 | 667,879 |
| FHLMC POOL #RA-3202 2.5% 7/01/50 | 2,898,533 | 2,923,127 |
| FHLMC POOL #RA-3454 2.0% 9/01/50 | 648,936 | 648,414 |
| FHLMC REMIC 4283 EW 4.5% 12/15/43 | 759,486 | 752,313 |
| FHLMC STRCTRD PASSTHRU 6.5% 10/25/43 | 641,330 | 743,088 |
| FHLMC ZK2315 4.5% 5/01/25 | 65,632 | 65,334 |
| FIREEYE INC 1.625% 6/01/35 | 624,888 | 635,869 |
| FLEXION THERAPEUTICS 3.375% 5/01/24 | 101,533 | 118,255 |
| FNA 2012-M3 1A2 3.044% 1/25/22 | 603,882 | 610,445 |
| FNGT 2001-T4 A1 7.5% 7/25/41 | 77,125 | 88,714 |
| FNMA POOL # 256939 7% 10/1/2037 | 56,209 | 62,191 |
| FNMA POOL # 310048 6.5% 2/01/38 | 20,692 | 22,030 |
| FNMA POOL # 725693 2.597% 10/1/33 | 92,946 | 96,859 |
| FNMA POOL # 735417 6.5% 3/01/35 | 157,609 | 179,399 |
| FNMA POOL # 745942 6.0% 4/01/34 | 312,892 | 372,886 |
| FNMA POOL # 888379 2.735% 12/1/36 | 174,250 | 182,295 |
| FNMA POOL # 888673 6.0% 4/01/35 | 62,962 | 74,670 |
| FNMA POOL # 968066 6% 10/1/22 | 33,109 | 33,322 |
| FNMA POOL # AD0130 6.5% 8/01/39 | 58,796 | 63,138 |
| FNMA POOL # AD0964 5.5% 11/01/39 | 313,653 | 337,219 |
| FNMA POOL # AE0442 6.5% 1/01/39 | 113,756 | 118,284 |
| FNMA POOL # AE0467 5.5% 3/01/24 | 22,691 | 21,824 |
| FNMA POOL # AL0778 6.5% 1/01/49 | 37,775 | 40,158 |
| FNMA POOL # AL4147 4.5% 1/01/25 | 48,732 | 48,737 |
| FNMA POOL # AL4165 4.5% 1/01/31 | 309,376 | 319,522 |
| FNMA POOL # AL5145 4.0% 10/01/33 | 341,949 | 349,289 |
| FNMA POOL # AL5281 3.442% 5/1/44 | 61,470 | 61,669 |
| FNMA POOL # AL5441 4.5% 9/01/41 | 143,055 | 147,656 |
| FNMA POOL # AL5749 4.5% 7/01/42 | 265,961 | 275,180 |
| FNMA POOL # AL5931 3.5% 9/01/28 | 47,299 | 47,373 |
| FNMA POOL # AL7384 4.5% 9/01/45 | 210,019 | 214,540 |
| FNMA POOL # AL8618 4.0% 6/01/36 | 290,639 | 293,682 |
| FNMA POOL # AL8840 4.5% 6/01/46 | 637,935 | 649,988 |
| FNMA POOL # AL9063 3.5% 2/01/31 | 463,859 | 468,659 |
| FNMA POOL # AL9128 4.5% 2/01/46 | 106,412 | 108,370 |
| FNMA POOL # AL9407 4.5% 9/01/42 | 126,300 | 128,887 |
| FNMA POOL # AL9781 4.5% 2/1/46 | 335,148 | 346,276 |
| FNMA POOL # AO4105 2.651% 6/1/42 | 138,675 | 139,218 |
| FNMA POOL # AX3721 3.5% 7/01/27 | 293,606 | 293,213 |
| FNMA POOL # AX5628 2.899% 9/1/45 | 199,843 | 203,432 |
| FNMA POOL # BA3527 2.683% 12/1/45 | 472,681 | 480,950 |
| FNMA POOL # BC0442 2.863% 12/1/45 | 221,687 | 225,011 |
| FNMA POOL # BJ0420 3.016% 9/1/47 | 269,786 | 275,244 |
| FNMA POOL # BK0922 4.5% 7/1/48 | 234,554 | 245,271 |
| FNMA POOL # BK5326 3.311% 7/1/48 | 211,208 | 218,624 |
| FNMA POOL # BM1357 4.5% 1/01/43 | 385,183 | 396,607 |
| FNMA POOL # CA1909 4.5% 6/01/48 | 425,816 | 452,353 |
| FNMA POOL # CA6271 2.5% 7/01/50 | 2,694,530 | 2,737,840 |
| FNMA POOL # CA6398 2.5% 7/01/50 | 1,304,536 | 1,321,865 |
| FNMA POOL # CA6925 2.0% 9/01/50 | 1,288,135 | 1,290,920 |
| FNMA POOL # CA8099 2.0% 12/01/50 | 1,680,306 | 1,679,307 |
| FNMA POOL # MA0587 4.0% 12/01/30 | 185,441 | 186,765 |
| FNMA POOL # MA0818 4.0% 8/01/31 | 264,614 | 271,412 |
| FNMA POOL # MA2508 4.0% 1/01/36 | 239,379 | 245,420 |
| FNMA POOL # MA2923 3.5% 3/01/37 | 279,756 | 285,138 |
| FNMA POOL # MA3894 4.0% 9/01/31 | 175,204 | 179,444 |
| FNMA POOL #0FM4714 2.5% 10/01/50 | 2,335,277 | 2,344,709 |
| FNMA POOL #BJ9262 4.5% 6/01/48 | 367,919 | 383,687 |
| FNMA POOL #BN7702 3.5% 8/01/49 | 2,180 | 2,235 |
| FNMA POOL #MA0634 4.5% 1/01/31 | 51,180 | 51,663 |
| FNMA REMIC 2003-34 A1 6.0% 4/25/43 | 305,749 | 189,833 |
| FNW 2001-W3 A 7% 9/25/41 | 162,439 | 167,909 |
| FORD MOTOR CR CO LLC 3.813% 10/12/21 | 425,204 | 429,781 |
| FORD MOTOR CREDIT CO 3.375% 11/13/25 | 400,000 | 410,944 |
| FORD MOTOR CREDIT CO 4.063% 11/01/24 | 218,492 | 236,378 |
| FORD MOTOR CREDIT CO 4.375% 8/06/23 | 196,564 | 207,500 |
| FORD MOTOR CREDIT CO 5.596% 1/07/22 | 350,000 | 361,788 |
| FORD MOTOR CREDIT CO 5.875% 8/02/21 | 971,941 | 895,563 |
| FORTIVE CORPORATION 0.875% 2/15/22 | 637,906 | 680,986 |
| GNMA REMIC 2.506% 11/20/69 | 1,166,019 | 1,177,317 |
| GNMA REMIC 2017-H17 0.7186% 9/20/67 | 1,057,506 | 1,054,171 |
| GNMA REMIC 2018-H01 2.1125% 12/20/67 | 1,419,224 | 1,409,195 |
| GNMA REMIC 2018-H04 1.8466% 3/20/68 | 691,131 | 686,836 |
| GNMA REMIC 2020-H01 0.8056% 1/20/70 | 2,880,970 | 2,920,178 |
| GOLAR LNG LTD 2.75% 2/15/22 | 235,358 | 266,911 |
| GOLDMAN SACHS BDC INC 4.5% 4/01/22 | 547,605 | 556,255 |
| GRANITE PT MTG TR IN 5.625% 12/01/22 | 545,399 | 579,884 |
| GREEN PLAINS INC 4.125% 9/01/22 | 282,286 | 312,574 |
| GREENBRIER COS INC 2.875% 2/01/24 | 720,582 | 795,240 |
| GUESS INC 2% 4/15/24 | 236,270 | 385,836 |
| H C A INC 5.25% 6/15/49 | 223,078 | 297,180 |
| H C A INC 4.125% 6/15/29 | 174,120 | 203,014 |
| H S B C HOLDINGS PLC 4.3% 3/08/26 | 249,638 | 288,040 |
| H S B C HOLDINGS PLC 6.5% 9/15/37 | 511,100 | 548,756 |
| H S B C HOLDINGS PLC 4.95% 3/31/30 | 799,789 | 971,540 |
| HCI GROUP INC 4.25% 3/01/37 | 202,380 | 217,253 |
| HELIX ENERGY SOL GR I 4.25% 5/01/22 | 427,484 | 452,537 |
| HERBALIFE LTD 2.625% 3/15/24 | 421,419 | 524,088 |
| HERCULES TECHNOLOGY 4.375% 2/01/22 | 559,347 | 584,226 |
| HOPE BANCORP INC 2% 5/15/38 | 777,373 | 833,576 |
| HSBC HOLDINGS PLC 6.5% 5/02/36 | 816,431 | 1,050,010 |
| ILLINOIS ST 5.1% 6/01/33 | 620,110 | 699,537 |
| IMPERIAL BRANDS FIN 3.875% 7/26/29 | 1,007,999 | 1,061,853 |
| IMPERIAL TOBACCO FINA 4.25% 7/21/25 | 195,772 | 225,244 |
| INNOVIVA INC 2.125% 1/15/23 | 338,334 | 344,139 |
| INSMED INC 1.75% 1/15/25 | 45,583 | 60,599 |
| INTREXON CORP 3.5% 7/01/23 | 105,837 | 111,220 |
| INVACARE CORP 5% 11/15/24 | 251,075 | 267,827 |
| INVESTMENTS - MB - ANNUAL REPORT FIXED INCOME | 2,746,597 | 2,746,597 |
| J2 GLOBAL INC 1.75% 11/01/26 | 281,610 | 362,719 |
| JAZZ INVESTMENTS I 1.875% 8/15/21 | 601,735 | 621,808 |
| JAZZ INVESTMENTS I LTD 1.5% 8/15/24 | 127,173 | 148,813 |
| JPMORGAN CHASE & CO 4.25% 10/01/27 | 289,113 | 326,112 |
| JPMORGAN CHASE & CO 2.522% 4/22/31 | 300,000 | 322,458 |
| JPMORGAN CHASE & CO 2.956% 5/13/31 | 301,206 | 328,977 |
| JPMORGAN CHASE & CO 3.797% 7/23/24 | 651,677 | 705,094 |
| JPMORGAN CHASE & CO 3.875% 9/10/24 | 326,573 | 363,938 |
| KINDER MORGAN ENER PAR 5.4% 9/01/44 | 757,886 | 1,065,518 |
| KINDER MORGAN ENER PAR 6.5% 9/01/39 | 343,137 | 456,589 |
| KINDER MORGAN INC 5.2% 3/01/48 | 141,032 | 158,983 |
| KKR REAL ESTATE FIN 6.125% 5/15/23 | 711,230 | 721,768 |
| KRAFT HEINZ FOODS CO 5.2% 7/15/45 | 148,125 | 178,359 |
| L Y B INT FINAN III 4.2% 5/01/50 | 74,530 | 87,401 |
| L Y B INT FINANCE II 3.625% 4/01/51 | 99,707 | 109,273 |
| L Y B INT FINANCE III 2.25% 10/01/30 | 49,602 | 51,440 |
| LIBERTY LATIN AMER LTD 2.0% 7/15/24 | 330,470 | 366,789 |
| LIGAND PHARMACEUTICAL 0.75% 5/15/23 | 702,589 | 766,907 |
| LIMELIGHT NETWORKS INC 3.5% 8/01/25 | 115,676 | 120,205 |
| LIVE NATION ENT INC 2.0% 2/15/25 | 374,560 | 501,606 |
| LLOYDS BANKING GROUP 4.5% 11/04/24 | 624,822 | 699,213 |
| LLOYDS BANKING GROUP 4.65% 3/24/26 | 199,540 | 230,178 |
| LOS ANGELES CALIF UNI 5.75% 7/01/34 | 568,854 | 775,940 |
| LUMINEX CORP DEL 3.0% 5/15/25 | 170,308 | 169,587 |
| MACQUARIE INFRA CORP 2.0% 10/01/23 | 565,691 | 671,625 |
| MARRIOTT VACATIONS WRL 1.5% 9/15/22 | 413,631 | 527,503 |
| MFA FINL INC 6.25% 6/15/24 | 642,449 | 648,727 |
| MGIC INVT CORP 9.0% 4/01/63 | 914,326 | 911,213 |
| MOMO INC 1.25% 7/01/25 | 227,274 | 232,475 |
| MYRIAD INTL HOLDINGS 5.5% 7/21/25 | 1,124,128 | 1,262,250 |
| MYRIAD INT'L HOLDINGS 4.85% 7/06/27 | 200,000 | 229,928 |
| NEW JERSEY ST TPK AU 7.102% 1/01/41 | 657,338 | 775,628 |
| NEW MOUNTAIN FINANCE 5.75% 8/15/23 | 644,519 | 652,463 |
| NEW RELIC INC 0.5% 5/01/23 | 440,237 | 472,235 |
| NEW YORK MORTGAGE TRU 6.25% 1/15/22 | 124,866 | 126,104 |
| NEWPARK RES INC 4.0% 12/01/21 | 122,037 | 117,040 |
| NUTANIX INC 1/15/23 | 482,808 | 549,054 |
| NUVASIVE INC 2.25% 3/15/21 | 494,958 | 496,663 |
| NUVASIVE INC 0.375% 3/15/25 | 211,477 | 225,980 |
| OCCIDENTAL PETROLEUM 3.5% 8/15/29 | 375,894 | 343,189 |
| OCCIDENTAL PETROLEUM 2.9% 8/15/24 | 381,083 | 433,125 |
| OCCIDENTAL PETROLEUM 3.2% 8/15/26 | 49,966 | 46,750 |
| ORACLE CORP 3.6% 4/01/40 | 149,597 | 175,679 |
| ORACLE CORP 2.95% 4/01/30 | 149,846 | 167,721 |
| PARATEK PHARMS INC 4.75% 5/01/24 | 132,079 | 132,525 |
| PATRICK INDUSTRIES INC 1.0% 2/01/23 | 401,167 | 522,636 |
| PENNYMAC CORP 5.5% 11/01/24 | 815,445 | 848,880 |
| PETROBRAS GLOBAL FIN 5.093% 1/15/30 | 469,505 | 556,515 |
| PETROBRAS GLOBAL FIN 6.9% 3/19/49 | 237,867 | 380,250 |
| PETROBRAS GLOBAL FIN 7.25% 3/17/44 | 144,188 | 193,500 |
| PETROLEOS MEXICANOS 6.5% 3/13/27 | 386,915 | 421,276 |
| PETROLEOS MEXICANOS 6.35% 2/12/48 | 179,105 | 136,882 |
| PETROLEOS MEXICANOS 6.375% 1/23/45 | 473,161 | 504,075 |
| PETROLEOS MEXICANOS 6.625% 6/15/35 | 233,000 | 198,000 |
| PETROLEOS MEXICANOS 6.875% 8/04/26 | 174,676 | 191,188 |
| PETROLEOS MEXICANOS 6.84% 1/23/30 | 420,689 | 504,548 |
| PETROLEOS MEXICANOS 6.95% 1/28/60 | 106,847 | 83,718 |
| PETROLEOS MEXICANOS 7.69% 1/23/50 | 562,117 | 831,806 |
| PLURALSIGHT INC 0.375% 3/01/24 | 608,701 | 690,200 |
| PRETIUM RES INC 2.25% 3/15/22 | 368,392 | 416,230 |
| PROSUS NV 3.68% 1/21/30 | 200,000 | 217,630 |
| PROVIDENT COMPANIES 7.25% 3/15/28 | 244,450 | 263,385 |
| PURE STORAGE INC 0.125% 4/15/23 | 78,375 | 92,368 |
| QUOTIENT TECH INC 1.75% 12/01/22 | 333,353 | 348,515 |
| RADIUS HEALTH INC 3.0% 9/01/24 | 296,645 | 310,162 |
| RESOURCE CAPITAL CORP 4.5% 8/15/22 | 275,381 | 256,345 |
| RETROPHIN INC 2.5% 9/15/25 | 335,101 | 435,802 |
| RIO OIL FINANCE TRUS 9.25% 7/06/24 | 680,761 | 768,044 |
| RIO OIL FINANCE TRUS 9.75% 1/06/27 | 586,452 | 687,533 |
| ROYAL BK SCOTLND GRP 6.0% 12/19/23 | 173,422 | 200,001 |
| ROYAL BK SCOTLND GRP 6.125% 12/15/22 | 1,027,823 | 1,121,765 |
| RWT HOLDINGS INC 5.75% 10/01/25 | 426,000 | 404,189 |
| SBA PART CERTFS CMO 4.35% 7/01/23 | 21,168 | 21,846 |
| SBAP 2003-20J 1 4.92% 10/01/23 | 23,497 | 24,494 |
| SBAP 2004-20K 1 4.88% 11/01/24 | 48,807 | 51,617 |
| SBAP 2007-20E 1 5.31% 5/01/27 | 55,865 | 60,674 |
| SBAP 2007-20F 1 5.71% 6/01/27 | 157,103 | 147,133 |
| SBAP 200S-20H 1 5.11% 8/01/25 | 128,187 | 119,712 |
| SBAP 200S-20J 1 5.09% 10/01/25 | 118,438 | 110,960 |
| SCORPIO TANKERS INC 3.0% 5/15/22 | 89,263 | 92,340 |
| SEACOR HOLDINGS INC 2.5% 12/15/27 | 285,107 | 303,800 |
| SHIP FINANCE INT'L 5.75% 10/15/21 | 161,741 | 172,462 |
| SLCLT 2005-2 A4 0.4104% 12/15/39 | 2,513,484 | 2,524,659 |
| SLMA 2006-8 A6 0.3748% 1/25/41 | 3,415,679 | 3,433,005 |
| SMALL BUS ADMIN GTD 4.64% 5/01/23 | 17,108 | 17,762 |
| SMALL BUSINESS AD 6.14% 1/01/22 | 4,614 | 4,385 |
| SOUTHERN CO 4.0% 1/15/51 | 675,938 | 715,176 |
| SPIRIT RLTY CAP INC 3.75% 5/15/21 | 166,601 | 166,260 |
| STARWOOD PROPERTY TR 4.375% 4/01/23 | 785,992 | 812,440 |
| SUNPOWER CORP 4.0% 1/15/23 | 212,650 | 337,405 |
| SUNPOWER CORP 0.875% 6/01/21 | 64,558 | 66,547 |
| SUPERNUS PHARMACEUTI 0.625% 4/01/23 | 726,368 | 766,259 |
| T ROWE PRICE INST FLOAT RATE | 38,252,060 | 37,254,499 |
| T ROWE PRICE INST HIGH YIELD | 40,798,273 | 38,214,514 |
| TABULA RASA HEALTHCAR 1.75% 2/15/26 | 311,782 | 340,172 |
| TEAM INC 5.0% 8/01/23 | 156,748 | 178,302 |
| TELECOM ITALIA CAPIT 7.721% 6/04/38 | 480,001 | 660,250 |
| TELECOM ITALIA SPA 5.303% 5/30/24 | 509,969 | 570,938 |
| TEVA PHARM FIN CONV 0.25% 2/01/26 | 447,159 | 479,590 |
| TILRAY INC 5.0% 10/01/23 | 282,508 | 275,520 |
| TIME WARNER CABLE INC 7.3% 7/01/38 | 380,674 | 518,679 |
| T-MOBILE USA INC 4.5% 4/15/50 | 74,681 | 92,504 |
| T-MOBILE USA INC 3.875% 4/15/30 | 322,654 | 376,415 |
| T-MOBILE USA INC 4.375% 4/15/40 | 122,531 | 152,546 |
| TRANSCANADA TRUST 5.3% 3/15/77 | 654,844 | 715,500 |
| TRANSCANADA TRUST 5.5% 9/15/79 | 275,000 | 302,500 |
| TRANSCANADA TRUST 5.625% 5/20/75 | 625,350 | 684,919 |
| TRANSCANADA TRUST 5.875% 8/15/76 | 171,844 | 250,875 |
| TURNING PT BRANDS INC 2.5% 7/15/24 | 238,036 | 327,183 |
| TWITTER INC 1.0% 9/15/21 | 662,430 | 708,542 |
| TWO HBRS INVT CORP 6.25% 1/15/22 | 819,807 | 819,945 |
| ULTRAPAR INTERNATIONL 5.25% 6/06/29 | 474,990 | 529,031 |
| ULTRAPAR INTERNATIONL 5.25% 10/06/26 | 318,815 | 361,566 |
| UNICREDIT SPA 5.459% 6/30/35 | 300,000 | 330,102 |
| UNICREDIT SPA 7.296% 4/02/34 | 625,000 | 755,944 |
| UNION PACIFIC RAILRO 5.082% 1/02/29 | 280,175 | 308,837 |
| VEECO INSTRUMENTS INC 2.7% 1/15/23 | 278,701 | 337,351 |
| VERINT SYSTEMS INC 1.5% 6/01/21 | 576,275 | 650,260 |
| VERIZON COMMUNICATIO 4.272% 1/15/36 | 321,582 | 434,098 |
| VIDEOCON INDUSTRIES 12/31/19 | 32,977 | 11,798 |
| VISHAY INTERTECH INC 2.25% 6/15/25 | 571,121 | 616,627 |
| VODAFONE GROUP PLC 7.0% 4/04/79 | 450,000 | 559,818 |
| VONAGE HOLDINGS CORP 1.75% 6/01/24 | 374,043 | 460,093 |
| WEIBO CORP 1.25% 11/15/22 | 314,321 | 326,887 |
| WELLS FARGO & COMPAN 5.013% 4/04/51 | 700,631 | 994,854 |
| WELLS FARGO & COMPANY 4.3% 7/22/27 | 624,740 | 732,363 |
| WELLS FARGO BANK NA 3.55% 8/14/23 | 625,709 | 675,006 |
| WESTERN DIGITAL 1.5% 2/01/24 | 760,700 | 828,954 |
| WILLIAMS COMPANIES I 3.5% 11/15/30 | 397,785 | 453,036 |
| WISDOMTREE INVTS INC 4.25% 6/15/23 | 306,703 | 353,690 |
| ZOETIS INC 4.5% 11/13/25 | 303,639 | 350,184 |