Page 1 of 24 · T. Rowe Price Global Allocation Fund 03/31/2020 (Unaudited) Portfolio of...

T. Rowe Price Global Allocation Fund 03/31/2020

(Unaudited)

Portfolio of Investments

Investments in Securities Coupon % Maturity Shares/Par Value ($) % of Net Assets

58.com, ADR 9,264 451,342 0.066%

AAC Technologies Holdings 17,500 89,242 0.013%

Aalberts 3,033 72,663 0.011%

ABB 17,855 310,338 0.046%

Abbott Laboratories 602 47,504 0.007%

AbbVie 2.95 11/21/26 145,000 148,653 0.022%

AbbVie 3.6 5/14/25 240,000 251,427 0.037%

AbbVie 4.5 5/14/35 30,000 33,132 0.005%

AbbVie 44,108 3,360,589 0.493%

Abcam 22,580 318,516 0.047%

Abn Amro Bank 27,292 221,469 0.032%

Absa 8,800 36,610 0.005%

Acadia Realty Trust, REIT 2,865 35,497 0.005%

Acerinox 45,556 306,632 0.045%

Adecco 2,029 79,956 0.012%

Advanced Micro Devices 9,241 420,281 0.062%

Adyen 386 329,769 0.048%

Aedas Homes SAU 25,755 491,949 0.072%

AerCap Ireland Capital DAC / AerCap Global Aviation Trust 3.3 1/23/23 150,000 116,716 0.017%

AerCap Ireland Capital DAC / AerCap Global Aviation Trust 4.13 7/3/23 150,000 127,493 0.019%

AGCO 311 14,695 0.002%

Agilent Technologies 3.88 7/15/23 65,000 67,044 0.010%

Agilent Technologies 7,044 504,491 0.074%

Agnico Eagle Mines 1,359 54,252 0.008%

AHS Hospital 5.02 7/1/45 20,000 25,696 0.004%

Aia 3.6 4/9/29 265,000 274,450 0.040%

Aia 1.64 9/20/21 295,000 290,944 0.043%

AIA Group 214,800 1,923,457 0.282%

Aida Engineering 10,300 65,155 0.010%

AIG Global Funding 3.35 6/25/21 130,000 130,963 0.019%

AIG Global Funding 2.15 7/2/20 25,000 24,998 0.004%

Air Arabia 271,868 69,951 0.010%

Airbus 3,939 253,994 0.037%

Air Lease 3.5 1/15/22 75,000 68,250 0.010%

Air Lease 2.5 3/1/21 85,000 77,350 0.011%

Air Lease 3.63 4/1/27 45,000 36,000 0.005%

Air Liquide 10,753 1,372,594 0.201%

Airports of Thailand 108,600 167,942 0.025%

Air Products & Chemicals 475 94,815 0.014%

Aisin Seiki 1,200 29,389 0.004%

Aixtron 29,915 257,451 0.038%

AJ Bell 24,641 93,699 0.014%

Akzo Nobel 3,218 211,644 0.031%

Alacer Gold 431 1,390 0.000%

Alamos Gold 1,130 5,677 0.001%

Alcon 4,475 229,258 0.034%

Alexander & Baldwin, REIT 1,017 11,411 0.002%

Alexandria Real Estate Equities 4 1/15/24 30,000 31,347 0.005%

Alexandria Real Estate, REIT 846 115,953 0.017%

Alexion Pharmaceuticals 7,013 629,697 0.092%

Alibaba Group Holding, ADR 34,465 6,702,753 0.983%

Allianz 8,184 1,393,715 0.204%

Allied Properties Real Estate Investment 514 16,341 0.002%

Alphabet Class A 476 553,088 0.081%

Alphabet Class C 5,097 5,926,843 0.870%

Al Rajhi Bank 25,405 363,771 0.053%

Alrosa 37,040 29,817 0.004%

Altice USA 13,118 292,400 0.043%

Altria 4.75 5/5/21 20,000 20,240 0.003%

Altria Group 4,473 172,971 0.025%

Altus Group 6,500 168,585 0.025%

Alumina 24,977 22,384 0.003%

Amadeus IT 14,730 693,325 0.102%

Amazon.com 2.8 8/22/24 50,000 53,169 0.008%

Amazon.com 3.88 8/22/37 150,000 179,371 0.026%

of 24

Amazon.com 4,874 9,502,935 1.394%

Ambea 19,714 85,840 0.013%

Ambu 15,043 362,260 0.053%

Amcor 66,362 531,297 0.078%

Ameren 10,715 780,373 0.114%

American Airlines 2014-1 Class A Pass Through Trust 3.7 10/1/26 25,429 22,638 0.003%

American Airlines 2015-1 Class A Pass Through Trust 3.38 5/1/27 27,213 23,496 0.003%

American Airlines 2019-1 Class AA Pass Through Trust 3.15 2/15/32 182,152 158,400 0.023%

American Campus Communities Operating Partnership 3.63 11/15/27 230,000 229,734 0.034%

American Campus Communities, REIT 3,480 96,570 0.014%

American Electric Power 298 14,329 0.002%

American Electric Power 7,517 601,210 0.088%

American Express 2.2 10/30/20 105,000 103,985 0.015%

American International 3.3 3/1/21 270,000 270,285 0.040%

American International Group 81,279 1,971,016 0.289%

American Tower, REIT 60 13,065 0.002%

Amgen 191 38,721 0.006%

Amplifon 21,981 446,506 0.066%

Ams 2,730 26,684 0.004%

Ams 2,446 152 0.000%

Anglo American 2,687 47,086 0.007%

Anglo American Platinum 544 22,724 0.003%

AngloGold Ashanti 1,825 30,919 0.005%

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide 4.9 2/1/46 90,000 101,442 0.015%

Anheuser-Busch InBev SA/NV 7,383 326,107 0.048%

Anhui Conch Cement 81,500 559,874 0.082%

Anhui Conch Cement 20,500 156,859 0.023%

Anthem 2.5 11/21/20 50,000 49,834 0.007%

Anthem 4.65 1/15/43 20,000 22,222 0.003%

Anthem 4.1 3/1/28 130,000 139,935 0.021%

Anthem 4,640 1,053,466 0.155%

Antofagasta 35,547 339,489 0.050%

Aon 2.2 11/15/22 195,000 193,077 0.028%

Aon PLC/UK 3.88 12/15/25 25,000 26,756 0.004%

Aon PLC/UK 2.8 3/15/21 65,000 64,106 0.009%

Appalachian Power 4.45 6/1/45 40,000 42,526 0.006%

Apple 3.2 5/11/27 300,000 325,121 0.048%

Apple 3.2 5/13/25 260,000 282,312 0.041%

Apple 16,896 4,296,484 0.630%

Applied Materials 37,987 1,740,564 0.255%

Aptiv 4.15 3/15/24 15,000 14,659 0.002%

Aptiv 529 26,048 0.004%

Arbys Funding 2015-1A 4.97 10/30/45 95,750 92,549 0.014%

ArcelorMittal 2,688 25,376 0.004%

Argenx, ADR 1,603 211,163 0.031%

Aruhi 11,200 126,584 0.019%

Asahi Kasei 31,300 219,314 0.032%

Ascendis Pharma, ADR 750 84,458 0.012%

Ascential 98,068 298,081 0.044%

Ascentium Equipment Receivables 2018-1 Trust 3.21 9/11/23 112,494 112,619 0.017%

Ashford Hospitality Trust 2018-ASHF 1.6 4/15/35 140,209 113,058 0.017%

Ashtead 5,865 126,766 0.019%

Asics 10,500 96,953 0.014%

ASML Holding 846 221,347 0.032%

ASML Holding 4,890 1,289,078 0.189%

ASOS 17,500 257,498 0.038%

Astellas Pharma 64,500 993,775 0.146%

Astra International 802,200 190,723 0.028%

AstraZeneca 7,670 683,387 0.100%

AstraZeneca, ADR 10,502 469,019 0.069%

Atlassian 1,014 139,182 0.020%

Atmos Energy 168 16,671 0.002%

Atrium Hotel Portfolio Trust 2017-ATRM 1.63 12/15/36 150,000 138,919 0.020%

AT&T 3 6/30/22 150,000 151,220 0.022%

Aumann 1,357 11,043 0.002%

Ausgrid Finance Pty 3.85 5/1/23 105,000 108,521 0.016%

Australia & New Zealand Banking 16,340 171,364 0.025%

Autoliv 7,114 334,683 0.049%

Automatic Data Processing 226 30,890 0.005%

AutoZone 3.13 4/21/26 170,000 175,526 0.026%

AutoZone 3.75 6/1/27 70,000 70,321 0.010%

AvalonBay Communities, REIT 4,913 723,046 0.106%

of 24

Avanza Holding Bank 14,624 120,663 0.018%

Avery Dennison 249 25,366 0.004%

Avis Budget Rental Car Funding AESOP 2.72 11/20/22 150,000 146,981 0.022%



Aviva 45,040 148,080 0.022%

Avolon Holdings Funding 5.25 5/15/24 215,000 173,075 0.025%

Avolon Holdings Funding 3.95 7/1/24 70,000 56,175 0.008%

AXA 48,384 819,236 0.120%

Axis Bank 26,695 133,291 0.020%

B2Gold 3,013 9,121 0.001%

Baidu 3.88 9/29/23 210,000 218,069 0.032%

Baidu, ADR 3,560 358,812 0.053%

Ball 1,185 76,622 0.011%

Baltimore Gas & Electric 3.35 7/1/23 225,000 227,083 0.033%

Banca Mediolanum 14,484 72,697 0.011%

Banco Bradesco 103,125 414,397 0.061%

Banco Bradesco, ADR 20,336 82,564 0.012%

Banco Comercial Portugues 385,173 43,289 0.006%

Banco Santander 3.85 4/12/23 200,000 199,984 0.029%

Banco Santander Chile, ADR 29,068 439,799 0.065%

Bank Central Asia 416,800 702,275 0.103%

Bankinter 83,472 302,806 0.044%

Bank Negara Indonesia Persero 189,100 44,103 0.006%

Bank of America 4.45 3/3/26 50,000 54,895 0.008%

Bank of America 3.55 3/5/24 100,000 103,501 0.015%

Bank of America 3.5 4/19/26 400,000 425,955 0.062%

Bank of America 4.24 4/24/38 120,000 138,300 0.020%

Bank of America 1.87 6/25/22 250,000 244,053 0.036%

Bank of America 73,852 1,567,878 0.230%

Bank of Montreal 3.1 4/13/21 215,000 217,112 0.032%

Bank of Nova Scotia 3.13 4/20/21 205,000 205,498 0.030%

Barco 482 73,646 0.011%

Barrick Gold 8,680 159,500 0.023%

BASF 6,748 315,415 0.046%

Basic-Fit 4,080 68,224 0.010%

Bausch Health 5,159 79,965 0.012%

Bawag 21,136 589,595 0.087%

Bayer 17,215 986,395 0.145%

Bayer US Finance II 3.5 6/25/21 310,000 310,695 0.046%

BBCMS 2019-BWAY Mortgage Trust 2.86 11/25/34 50,000 45,824 0.007%

BBVA Bancomer SA/Texas 4.38 4/10/24 150,000 149,632 0.022%

Becton Dickinson And 2,361 129,337 0.019%

Becton Dickinson And 3.7 6/6/27 183,000 185,871 0.027%

Becton, Dickinson & Company 8,260 1,897,900 0.278%

Beijing Enterprises Holdings 34,500 125,907 0.018%

Benefit One 9,700 125,739 0.018%

Benesse Holdings 4,700 119,606 0.018%

Berkshire Hathaway 2.75 3/15/23 35,000 36,423 0.005%

Berkshire Hathaway Energy 5.15 11/15/43 25,000 30,410 0.004%

Bharti Infratel 29,040 61,512 0.009%

Bhp 18,868 292,824 0.043%

Bhp 36,323 658,947 0.097%

BIM Birlesik Magazalar 20,733 157,428 0.023%

Biogen 3.63 9/15/22 90,000 92,429 0.014%

Biogen 1,004 317,646 0.047%

BioMerieux 756 85,586 0.013%

Blackstone Hedge Fund Solutions 66,133 74,763,711 10.970%

BlueScope Steel 2,384 12,481 0.002%

Blue Star 9,399 56,817 0.008%

BM&FBOVESPA 46,900 321,596 0.047%

BMW 1,824 93,114 0.014%

BMW US Capital 2.95 4/14/22 295,000 290,094 0.043%

BMW US Capital 3.25 8/14/20 285,000 284,644 0.042%

BNP Paribas 22,315 651,492 0.096%

Boardwalk Pipelines 4.95 12/15/24 10,000 8,100 0.001%

Boeing 3,925 585,375 0.086%

Boliden 5,400 96,875 0.014%

Bombardier 50,008 16,168 0.002%

Booking Holdings 3.65 3/15/25 30,000 30,148 0.004%

Booking Holdings 423 569,070 0.083%

Boral Finance Pty 3 11/1/22 10,000 10,092 0.001%

of 24

Boston Properties, REIT 216 19,922 0.003%

Boston Scientific 26,869 876,735 0.129%

BP, ADR 9,900 241,461 0.035%

Bpce 4.5 3/15/25 400,000 404,202 0.059%

Bpce 4 9/12/23 265,000 265,349 0.039%

Brembo 38,731 287,186 0.042%

Brenntag 1,963 71,320 0.010%

Bridgestone 3,100 94,893 0.014%

Bristol-Myers Squibb 2.9 7/26/24 255,000 267,671 0.039%

Bristol-Myers Squibb 3.55 8/15/22 250,000 258,923 0.038%

British American Tobacco 6,397 217,915 0.032%

Brixmor Operating Partnership 3.9 3/15/27 25,000 24,876 0.004%

Brixmor Operating Partnership 3.88 8/15/22 20,000 18,992 0.003%

Broadcom 239 230,651 0.034%

Broadcom 3,139 744,257 0.109%

Broadcom Corp / Broadcom Cayman Finance 2.2 1/15/21 135,000 133,165 0.020%

Broadcom Corp / Broadcom Cayman Finance 3 1/15/22 110,000 108,938 0.016%

Brunello Cucinelli 2,703 81,848 0.012%

B&S Group Sarl 4,436 19,871 0.003%

BTG Hotels 26,373 49,400 0.007%

BT Group 91,060 132,453 0.019%

Bucher Industries 82 21,613 0.003%

Bunzl 13,058 261,377 0.038%

Burberry 13,603 221,113 0.032%

Burlington Northern Santa Fe 3.05 9/1/22 65,000 66,244 0.010%

CAE 6,000 75,847 0.011%

Cairn Homes 119,384 88,653 0.013%

Camden Property Trust, REIT 1,532 121,396 0.018%

Cameron LNG 3.7 1/15/39 30,000 26,091 0.004%

Cameron LNG 2.9 7/15/31 40,000 35,010 0.005%

Canadian Apartment Properties REIT 714 21,608 0.003%

Canadian Natural Resources 2.95 1/15/23 175,000 151,598 0.022%

Canadian Pacific Railway 499 109,575 0.016%

Cantor Commercial Real Estate Lending 2019-CF1 4.41 5/15/52 100,000 85,594 0.013%

Capcom 3,400 106,607 0.016%

Capgemini 2,993 250,102 0.037%

Capital One Financial 3.2 1/30/23 230,000 227,715 0.033%

Capital One Financial 3.45 4/30/21 135,000 135,510 0.020%

Capitec Bank Holdings 2,249 110,628 0.016%

Cardinal Health 3.41 6/15/27 125,000 125,370 0.018%

Cardinal Health 3.75 9/15/25 80,000 82,204 0.012%

Carel Industries 14,910 191,154 0.028%

CarMax Auto Owner Trust 2017-4 2.11 10/17/22 13,468 13,384 0.002%

CarMax Auto Owner Trust 2018-2 2.98 1/17/23 70,000 70,507 0.010%

Carvana 8,818 485,784 0.071%

Catcher Technology 11,000 70,365 0.010%

Caterpillar 618 71,713 0.011%

Caterpillar Financial Services 3.15 9/7/21 250,000 254,508 0.037%

Cboe Global Markets 3,959 353,341 0.052%

CC Holdings GS V LLC / Crown Castle GS III 3.85 4/15/23 25,000 25,109 0.004%

CD 2016-CD2 Mortgage Trust 3.53 11/10/49 55,000 58,765 0.009%

Cellnex Telecom 15,107 685,292 0.101%

Celulosa Arauco Y Constitucion 5.5 11/2/47 250,000 197,576 0.029%

Centamin 1,411 2,095 0.000%

Centene 7,045 418,543 0.061%

CenterPoint Energy 28,660 442,797 0.065%

Centerra Gold 783 4,657 0.001%

Centra Health 4.7 1/1/48 385,000 452,678 0.066%

Central Japan Railway 2,100 336,569 0.049%

Ceridian HCM Holding 4,504 225,515 0.033%

CF Industries 1,217 33,102 0.005%

Challenger Ltd/Australia 39,455 96,374 0.014%

Charles Schwab 15,183 510,452 0.075%

Charter Communications 414 180,632 0.027%

Charter Communications Operating LLC / Charter Communications Operating Capital 4.5 2/1/24 250,000 258,549 0.038%

Charter Communications Operating LLC / Charter Communications Operating Capital 4.91 7/23/25 50,000 52,954 0.008%

Charter Hall Retail REIT 3,700 7,066 0.001%

Chevron 7,719 559,319 0.082%

China Feihe 97,000 172,427 0.025%

China Longyuan Power 258,000 140,818 0.021%

China Mengniu Dairy 264,000 910,462 0.134%

China Resources Beer Holdings 68,000 308,247 0.045%

of 24

China Steel 38,000 23,804 0.003%

Chipotle Mexican Grill 118 77,219 0.011%

Chubb 11,913 1,330,563 0.195%

Chugai Pharmaceutical 4,800 555,340 0.081%

Chunghwa Precision Test Tech 3,000 70,737 0.010%

Cia De Distribucion Integral Logista 30,140 483,828 0.071%

Cie Automotive 4,355 66,625 0.010%

Cigna 3.25 4/15/25 250,000 252,352 0.037%

Cigna 3.75 7/15/23 117,000 120,457 0.018%

Cigna 5,041 893,164 0.131%

Cintas 255 44,171 0.006%

Citibank NA 3.4 7/23/21 250,000 254,672 0.037%

Citigroup 3.89 1/10/28 315,000 331,605 0.049%

Citigroup 4.08 4/23/29 100,000 107,681 0.016%

Citigroup 4.45 9/29/27 70,000 73,422 0.011%

Citigroup 21,884 921,754 0.135%

Citigroup Commercial Mortgage Trust 2015-GC33 3.78 9/10/58 25,000 26,400 0.004%

Citigroup Commercial Mortgage Trust 2017-P7 3.92 4/14/50 100,000 101,542 0.015%

Citigroup Commercial Mortgage Trust 2020-555 2.65 12/10/41 100,000 102,990 0.015%

Citrix Systems 128 18,118 0.003%

City of Los Angeles department of Airports 7.05 5/15/40 15,000 22,439 0.003%

CK Hutchison Holdings 62,760 418,306 0.061%

Clarivate Analytics 18,040 374,330 0.055%

Clicks Group 12,211 176,003 0.026%

Close Brothers 4,591 63,835 0.009%

CME Group 3,412 589,969 0.087%

CMS Energy 4.88 3/1/44 25,000 26,618 0.004%

Cnh Equipment Trust 2017 2.08 2/15/23 28,330 28,211 0.004%

Cnh Equipment Trust 2019 2.35 4/15/27 170,000 162,766 0.024%

Cnh Industrial 16,664 94,906 0.014%

Coca-Cola Bottlers Japan 6,400 131,350 0.019%

Cochlear 1,372 156,369 0.023%

Columbia Pipeline 3.3 6/1/20 40,000 39,899 0.006%

Comcast 2.65 2/1/30 225,000 228,788 0.034%

COMM 2014-LC15 Mortgage Trust 4.6 4/10/47 45,000 44,799 0.007%

COMM 2015-CCRE24 Mortgage Trust 3.7 8/10/48 40,000 42,698 0.006%



CommonSpirit Health 2.76 10/1/24 95,000 95,671 0.014%

CommonSpirit Health 2.95 11/1/22 25,000 23,849 0.003%

Compania de Minas Buenaventura, ADR 1,416 10,323 0.002%

Compass Group 12,047 187,693 0.028%

Concentradora Fibra Danhos 10,500 8,587 0.001%

Concho Resources 3.75 10/1/27 25,000 21,125 0.003%

Concho Resources 1,499 64,232 0.009%

ConocoPhillips 19,240 592,592 0.087%

Constellation Brands 172 24,658 0.004%

Continental Resources 16,468 125,816 0.018%

Cooperatieve Rabobank UA/NY 3.13 4/26/21 250,000 254,259 0.037%

Cooper Companies 947 261,059 0.038%

Corbion 10,813 326,379 0.048%

Corp Nacional del Cobre de Chile 3.15 1/14/30 200,000 186,439 0.027%

Corp Nacional del Cobre de Chile 3 9/30/29 220,000 204,396 0.030%

CoStar Group 551 323,553 0.047%

Country Garden Services Holdings 107,000 430,546 0.063%

County of Miami-Dade FL Transit System 5.62 7/1/40 160,000 213,170 0.031%

County of Miami-Dade FL Water & Sewer System Revenue 3.49 10/1/42 90,000 91,130 0.013%

Coupa Software 86 12,017 0.002%

Covestro 7,319 222,119 0.033%

CP ALL 417,500 775,188 0.114%

Credicorp 4,952 708,483 0.104%

Credit Agricole SA/London 3.75 4/24/23 250,000 252,883 0.037%

Credit Suisse 3 12/14/23 250,000 245,951 0.036%

CRH America Finance 3.95 4/4/28 400,000 401,808 0.059%

Criteo, ADR 1,945 15,463 0.002%

Croda International 3,116 164,392 0.024%

Crown Castle International 4.75 5/15/47 30,000 29,985 0.004%

Crown Castle International 3.7 6/15/26 40,000 41,194 0.006%

Crown Castle Towers 3.72 7/15/23 125,000 125,770 0.018%

CSL 712 129,066 0.019%

CSPC Pharmaceutical 108,000 212,446 0.031%

CubeSmart, REIT 2,497 66,895 0.010%

of 24

Cummins 1,404 189,989 0.028%

CVS Health 3.5 7/20/22 40,000 40,837 0.006%

CVS Health 3.25 8/15/29 225,000 222,525 0.033%

CVS Health 3,015 178,880 0.026%

CyberAgent 12,900 499,951 0.073%

Cyient 11,159 33,444 0.005%

CyrusOne, REIT 259 15,993 0.002%

Daiichi Sankyo 1,400 96,147 0.014%

Daikin Industries 2,600 313,857 0.046%

Daimler 3,804 113,603 0.017%

Daimler Finance North America 2.3 2/12/21 150,000 146,602 0.022%

Daio Paper 26,400 354,752 0.052%

DAIWA OFFICE INVESTMENT 15 83,244 0.012%

Danaher 26,941 3,728,904 0.547%

Danske Bank 3.24 12/20/25 335,000 314,220 0.046%

Danske Bank 3,877 43,149 0.006%

Dassault Aviation 327 268,529 0.039%

DBS Group 10,800 140,920 0.021%

DCC 5,977 373,269 0.055%

Dcp Midstream Operating 3.88 3/15/23 25,000 19,750 0.003%

Deephaven Residential Mortgage Trust 2018-1 2.98 12/25/57 27,077 26,762 0.004%

Deephave Residential Mortgage Trust 2019-2 3.56 4/25/59 62,984 61,272 0.009%

Deere 8,381 1,157,919 0.170%

de Longhi 15,439 256,636 0.038%

Delta Air Lines 3.8 4/19/23 75,000 70,500 0.010%

Delta Air Lines 2015-1 Class B Pass Through Trust 4.25 7/30/23 27,990 26,895 0.004%

Demae-Can 6,100 59,872 0.009%

DeNA 1,700 18,621 0.003%

Denka 3,600 75,318 0.011%

Denso 3,000 95,863 0.014%

Derwent London 981 39,628 0.006%

Descartes Systems 4,410 151,700 0.022%

Deutsche Wohnen 7,148 270,900 0.040%

Devon Energy 1,993 13,772 0.002%

Diageo 11,273 357,461 0.052%

Diamondback Energy 2.88 12/1/24 270,000 191,700 0.028%

Diamondback Energy 674 17,659 0.003%

DiaSorin 405 53,385 0.008%

DIC 9,700 213,778 0.031%

Digital Realty Trust, REIT 5,731 796,093 0.117%

Direct Line Insurance 52,071 190,095 0.028%

DIRTT Environmental Solutions 30,667 30,944 0.005%

Disco 1,500 291,829 0.043%

Discover Financial Services 3.85 11/21/22 95,000 97,000 0.014%

Discover Financial Services 3.75 3/4/25 15,000 14,813 0.002%

DKSH Holding 3,096 152,817 0.022%

DNB 29,465 328,268 0.048%

DocuSign 5,539 511,804 0.075%

Dollar General 3,861 583,050 0.086%

Dollar Tree 5,016 368,526 0.054%

Dominion Energy 2.58 7/1/20 230,000 229,682 0.034%

Dominion Energy 957 69,086 0.010%

Dormakaba Holding 151 66,811 0.010%

Douglas Emmett, REIT 3,510 107,090 0.016%

Dover 150 12,591 0.002%

Dow Chemical 3.15 5/15/24 90,000 91,088 0.013%

Downer EDI 35,861 65,513 0.010%

Draper Esprit 24,382 105,537 0.015%

DuPont de Nemours 5,430 185,163 0.027%

EastGroup Properties, REIT 346 36,150 0.005%

Eaton Vance 3.63 6/15/23 15,000 15,331 0.002%

Ecolab 3.25 12/1/27 265,000 255,803 0.038%

Edenred 3,267 135,579 0.020%

Edison International 22,128 1,212,393 0.178%

Edita Food Industries SAE, GDR 7,020 32,007 0.005%

Elanco Animal Health 636 26,220 0.004%

Elanco Animal Health 4.66 8/27/21 30,000 29,659 0.004%

Elanco Animal Health 39,794 890,988 0.131%

Electricite de France 14,263 111,530 0.016%

Electric Power development 15,900 318,664 0.047%

Electronic Arts 872 87,348 0.013%

Elekta 51,583 420,524 0.062%

of 24

Element Fleet Management 40,909 260,459 0.038%

Ellington Financial Mortgage Trust 2019-2 3.05 11/25/59 91,590 87,985 0.013%

Enbridge 12,349 359,232 0.053%

Enel Finance International 4.25 9/14/23 215,000 220,309 0.032%

Energias do Brasil 30,736 96,122 0.014%

Energy Transfer Operating 5.25 4/15/29 120,000 101,532 0.015%

Engie 46,019 471,256 0.069%

Eni 4 9/12/23 295,000 292,485 0.043%

Eni 58,360 579,951 0.085%

En-Japan 1,900 35,300 0.005%

Entegris 370 16,565 0.002%

Entergy 9,198 864,336 0.127%

Envista Holdings 15,895 237,471 0.035%

EOG Resources 23,975 861,182 0.126%

E.ON 46,739 479,434 0.070%

Epiroc 2,508 24,721 0.004%

Epiroc 31,624 312,492 0.046%

EPR Properties, REIT 60 1,453 0.000%

Eqt 7,767 92,354 0.014%

Equifax 5,449 650,883 0.096%

Equinix, REIT 124 77,447 0.011%

Equinor 37,397 466,196 0.068%

Equitable Holdings 3.9 4/20/23 45,000 44,921 0.007%

Equitable Holdings 47,329 683,904 0.100%

Equity LifeStyle Properties, REIT 903 51,904 0.008%

Equity Residential, REIT 2,348 144,895 0.021%

ERO Copper 3,094 23,239 0.003%

Erste Group Bank 12,547 229,707 0.034%

Escorts 11,885 102,763 0.015%

Essex Portfolio 2.65 3/15/32 135,000 119,206 0.017%

Essex Property Trust, REIT 486 107,037 0.016%

EssilorLuxottica 4,560 482,789 0.071%

Essity 13,202 404,425 0.059%

E*TRADE Financial 18,298 627,987 0.092%

Eurofins Scientific 470 229,360 0.034%

Euronet Worldwide 2,109 180,783 0.027%

European Investment Bank 1.63 12/15/20 65,000 65,425 0.010%

Eutelsat Communications 8,747 90,927 0.013%

Eversource Energy 3.3 1/15/28 15,000 14,886 0.002%

Evolution Mining 5,139 12,011 0.002%

Evotec 10,740 233,164 0.034%

Exact Sciences 1,187 68,846 0.010%

Experian Finance 2.75 3/8/30 200,000 191,171 0.028%

Express Scripts Holding 2.6 11/30/20 145,000 144,932 0.021%

ExxonMobil 393 14,922 0.002%

Ezaki Glico 6,400 268,015 0.039%

Facebook 27,337 4,559,812 0.669%

FamilyMart 3,700 66,437 0.010%

Fancl 5,000 111,649 0.016%

Fannie Mae Connecticut Avenue Securities 1.63 10/25/30 14,719 14,464 0.002%



FANUC 1,400 187,076 0.027%

Farfetch 5,239 41,388 0.006%

Fast Retailing 200 81,608 0.012%

Federal Home Loan Mortgage 2.5 4/23/20 165,000 165,213 0.024%

Federal Realty Investment Trust 2.55 1/15/21 60,000 59,679 0.009%

Federal Realty Investment Trust, REIT 535 39,916 0.006%

Ferrari 154 23,496 0.003%

Fidelity National Information Services 4.25 5/15/28 135,000 148,064 0.022%

Fidelity National Information Services 12,468 1,516,608 0.223%

Fifth Third Bancorp 4.3 1/16/24 65,000 68,497 0.010%

Fifth Third Bancorp 32,815 487,303 0.071%

Fifth Third Bank/Cincinnati OH 3.35 7/26/21 250,000 253,037 0.037%

FinecoBank Banca Fineco 55,584 500,095 0.073%

First Abu Dhabi Bank 154,511 398,385 0.058%

First Derivatives 6,699 189,534 0.028%

FirstEnergy 7.38 11/15/31 60,000 80,136 0.012%

FirstEnergy Transmission 4.35 1/15/25 65,000 66,060 0.010%

First Industrial Realty, REIT 271 9,005 0.001%

First Quantum Minerals 3,914 19,997 0.003%

FirstRand 132,684 297,760 0.044%

of 24

Fiserv 3.2 7/1/26 100,000 103,090 0.015%

Fiserv 7,169 680,983 0.100%

Fisher & Paykel Healthcare 23,965 435,648 0.064%

FleetCor Technologies 3,459 645,242 0.095%

Florida Gas Transmission 3.88 7/15/22 20,000 19,835 0.003%

Florida Gas Transmission 4.35 7/15/25 215,000 222,965 0.033%

Fontainebleau Miami Beach Trust 2019-FBLU 3.75 12/10/36 165,000 131,845 0.019%

Ford Credit Auto Owner Trust 2019-REV1 3.82 7/15/30 205,000 209,438 0.031%

Ford Credit Floorplan Master Owner Trust 2.34 9/15/22 105,000 102,777 0.015%

Ford Motor Credit 3.47 4/5/21 200,000 191,950 0.028%

Fortescue Metals 5,285 32,388 0.005%

Fortive 154 111,147 0.016%

Fortive 235 12,970 0.002%

Fosun International 85,000 97,580 0.014%

Franco-Nevada 2,832 282,959 0.042%

Freddie Mac Multifamily Structured PTCs 2.95 2/25/27 31,812 33,948 0.005%

Freddie Mac Multifamily Structured PTCs 2.78 4/25/23 10,476 10,748 0.002%

Freddie Mac Stacr Remic Trust 2019-Hqa4 1.72 11/25/49 48,364 46,756 0.007%

Freddie Mac Structured Agency Credit Risk debt Notes 3.81 5/25/48 36,850 35,649 0.005%

Freee KK 4,100 131,793 0.019%

Freeport-McMoRan 4,751 32,069 0.005%

Fresenius 8,423 313,611 0.046%

FTI Consulting 1,852 221,814 0.033%

Fujitec 20,500 262,129 0.038%

Fujitsu 2,500 225,172 0.033%

Fujitsu General 16,800 302,364 0.044%

Fukuoka Financial 6,700 88,383 0.013%

Funding Circle Holdings 83,628 56,390 0.008%

Fuyao Glass Industry 21,500 57,699 0.008%

Galapagos 1,842 361,728 0.053%

Galaxy Entertainment 9,000 47,401 0.007%

Galp Energia Sgps 38,142 436,199 0.064%

Galton Funding Mortgage Trust 2017-1 3.5 11/25/57 49,009 48,593 0.007%

Galton Funding Mortgage Trust 2019-H1 2.66 10/25/59 104,542 103,476 0.015%



GE 486,625 3,863,803 0.567%

GEA Group 21,620 446,621 0.066%

Ge Capital International Funding Co Unlimited 4.42 11/15/35 200,000 215,803 0.032%

Gecina 175 23,028 0.003%

General Dynamics 2.88 5/11/20 260,000 260,396 0.038%

General Motors 4 4/1/25 55,000 46,336 0.007%

General Motors Financial 3.55 7/8/22 205,000 190,579 0.028%

Genus 5,213 210,653 0.031%

George Washington University 4.3 9/15/44 15,000 17,221 0.003%

Georgia Capital 1,951 10,336 0.002%

Georgia Healthcare 13,062 12,541 0.002%

Gerdau 7,658 14,738 0.002%

Getinge 48,725 921,347 0.135%

Gilead Sciences 3.25 9/1/22 20,000 20,577 0.003%

GlaxoSmithKline 21,269 399,094 0.059%

GlaxoSmithKline, ADR 22,988 871,015 0.128%

Glencore 27,808 42,089 0.006%

Global Payments 10,110 1,458,165 0.214%

GM Financial Automobile Leasing Trust 2018-2 3.16 4/20/22 65,000 65,097 0.010%

GM Financial Consumer Automobile Receivables Trust 2018-2 2.81 12/16/22 111,895 111,940 0.016%

GMO Payment Gateway 3,100 217,265 0.032%

GN Store Nord 4,326 191,807 0.028%

Gold Fields 3,667 17,897 0.003%

Goldman Sachs 6.75 10/1/37 10,000 13,176 0.002%

Goldman Sachs 3.5 1/23/25 300,000 307,532 0.045%

Goldman Sachs 3.85 1/26/27 115,000 116,736 0.017%

Goldman Sachs 3 4/26/22 125,000 125,310 0.018%

Goldman Sachs 5.15 5/22/45 15,000 16,514 0.002%

Goldman Sachs 2.75 9/15/20 115,000 115,288 0.017%

Goldman Sachs 2,538 392,349 0.058%

Goodman Group 3,779 27,699 0.004%

Grainger 5,110 16,262 0.002%

GreatAmerica Leasing Receivables Funding LLC Series 2018-1 2.6 6/15/21 24,088 24,108 0.004%

Great Portland Estates 98,590 830,633 0.122%

Great Wolf Trust 2019-WOLF 2.34 12/15/36 70,000 60,916 0.009%

Gree Electric Appliances Inc of Zhuhai 123,900 901,600 0.132%

of 24

Greentown Service 122,000 146,759 0.022%

Grifols 10,012 334,976 0.049%

Grupo Aeroportuario del Sureste, ADR 1,669 157,120 0.023%

Grupo Aval Acciones y Valores, ADR 17,750 77,745 0.011%

Grupo Mexico 10,600 19,656 0.003%

Grupo Sbf 12,300 57,214 0.008%

GS Mortgage Securities Trust 2013-GC16 5.16 11/10/46 175,000 181,893 0.027%

GS Mortgage Securities Trust 2015-GC32 3.76 7/10/48 25,000 25,891 0.004%

GS Mortgage Securities Trust 2018-GS9 3.99 3/10/51 65,000 69,712 0.010%

GS Mortgage Securities Trust 2019-GSA1 3.51 11/10/52 110,000 96,265 0.014%

Guangzhou Wondfo Biotech 17,120 186,023 0.027%

Hackensack Meridian Health 4.21 7/1/48 155,000 180,834 0.027%

Haier Electronics 69,000 182,151 0.027%

Halliburton 3,197 21,899 0.003%

Hamamatsu Photonics KK 9,100 369,775 0.054%

Hang Lung Properties 11,000 22,182 0.003%

Hangzhou Hikvision Digital Technology 73,100 283,582 0.042%

Hanwa 6,600 102,193 0.015%

Hardee s Funding 4.25 6/20/48 44,325 42,543 0.006%

Hardee s Funding 4.96 6/20/48 108,350 96,427 0.014%

Harley-Davidson Financial Services 3.55 5/21/21 200,000 199,700 0.029%

Hartford Financial Services 6,772 238,645 0.035%

Hasbro 3 11/19/24 150,000 151,884 0.022%

HCA 4.13 6/15/29 235,000 235,000 0.034%

HCA Healthcare 19,334 1,737,160 0.255%

HDFC Bank 47,067 533,924 0.078%

Healthcare Realty Trust 3.63 1/15/28 30,000 28,841 0.004%

Healthcare Realty Trust, REIT 3,148 87,924 0.013%

Healthcare Trust of America, REIT 2,769 67,231 0.010%

Heidelbergcement 1,888 80,661 0.012%

Heiwa Real Estate 7,800 201,508 0.030%

Helios Towers 102,820 176,783 0.026%

Hengan International Group 22,500 168,056 0.025%

Hera 163,202 590,447 0.087%

Hexagon 5,212 220,390 0.032%

Hexaware Technologies 26,597 79,393 0.012%

High Street Funding Trust I 4.11 2/15/28 100,000 112,467 0.017%

Highwoods Properties, REIT 738 26,140 0.004%

Hikari Tsushin 1,200 200,800 0.029%

Hilton Worldwide Holdings 8,235 561,956 0.082%

Hiscox 13,546 154,262 0.023%

Hitachi 7,500 215,448 0.032%

Hitachi Metals 22,300 234,076 0.034%

HomeServe 8,331 108,516 0.016%

Homeward Opportunities Fund I Trust 2018-1 3.77 6/25/48 53,232 51,408 0.008%



Honda Motor 5,400 120,833 0.018%

Honeywell International 4,801 642,326 0.094%

Hongkong Land Holdings 17,400 65,100 0.010%

Hope Education 784,000 178,127 0.026%

Horiba 1,400 69,149 0.010%

Hoshino Resorts REIT 75 231,273 0.034%

Hoshizaki 4,700 351,568 0.052%

Host Hotels & Resorts, REIT 2,326 25,679 0.004%

Housing Development Finance 52,034 1,117,549 0.164%

HSBC Holdings 5.1 4/5/21 20,000 20,343 0.003%

HSBC Holdings 24,114 135,370 0.020%

Hualan Biological Engineering 26,760 179,135 0.026%

Huazhu, ADR 16,332 469,218 0.069%

Hudson Pacific Properties, REIT 1,409 35,732 0.005%

Hufvudstaden 1,510 20,632 0.003%

Huhtamaki 2,773 88,785 0.013%

Humana 2,146 673,887 0.099%

Huntsman 1,151 16,609 0.002%

Husqvarna 44,939 223,558 0.033%

Hyatt Hotels 3.38 7/15/23 30,000 27,675 0.004%

Hypoport 359 102,800 0.015%

Hyundai Auto Receivables Trust 2018 2.79 7/15/22 54,921 54,887 0.008%

Hyundai Capital America 3.45 3/12/21 170,000 169,652 0.025%

IAC/InterActiveCorp 1,299 232,820 0.034%

Iberdrola 29,618 289,694 0.043%

of 24

ICICI Bank, ADR 9,900 84,150 0.012%

IDEC 5,300 66,742 0.010%

IGO 75,407 193,717 0.028%

Iguatemi Empresa de Shopping Centers 12,200 73,701 0.011%

IHS Markit 507 30,420 0.004%

Imcd 2,835 203,433 0.030%

Impala Platinum 8,412 35,050 0.005%

Impro Precision Industries 240,000 81,957 0.012%

Incitec Pivot 45,507 56,448 0.008%

Incyte 692 50,675 0.007%

Indiana University Health Inc Obligated 3.97 11/1/48 145,000 159,949 0.023%

Indra Sistemas 7,449 60,656 0.009%

Industrial & Infrastructure Fund Invstmt 114 154,388 0.023%

Industrias Penoles 2,417 16,243 0.002%

Informa 12,154 66,199 0.010%

Infosys 41,836 345,584 0.051%

Ing Groep 3.55 4/9/24 255,000 256,021 0.038%

ING Groep 69,402 355,623 0.052%

Inmobiliaria Colonial SocimiSA 29,898 281,838 0.041%

Instone Real Estate 6,675 106,795 0.016%

Integrated Diagnostics Holdings 21,655 71,649 0.011%

Intel 9,112 493,141 0.072%

Intercontinental Exchange 3.75 12/1/25 75,000 79,229 0.012%

Intercontinental Exchange 3.45 9/21/23 275,000 283,175 0.042%

Intercontinental Exchange 7,190 580,593 0.085%

Intermediate Capital 25,416 280,520 0.041%

International Paper 5 9/15/35 35,000 40,770 0.006%

International Paper 8,551 266,193 0.039%

Interpublic Group of 3.5 10/1/20 30,000 29,858 0.004%

Interpublic Group of 4 3/15/22 55,000 55,526 0.008%

Intertrust 7,693 96,837 0.014%

Intesa Sanpaolo 85,706 138,678 0.020%

Intuit 6,549 1,506,270 0.221%

Intuitive Surgical 2,322 1,149,878 0.169%

Investec 42,464 79,109 0.012%

IP 41,096 25,096 0.004%

Ipsen 1,916 98,214 0.014%

IQE 258,664 84,348 0.012%

Istyle 8,500 16,207 0.002%

Isuzu Motors 11,600 76,767 0.011%

Italgas 54,834 300,017 0.044%

Itau Unibanco Holding 211,046 943,109 0.138%

ITC Holdings 2.7 11/15/22 95,000 94,329 0.014%

Jacobs Engineering Group 11,009 872,683 0.128%

Japan Tobacco 8,000 147,974 0.022%

JBG SMITH Properties, REIT 18,078 575,423 0.084%

JCDecaux 16,488 293,124 0.043%

Jeronimo Martins 15,384 277,668 0.041%

JFE Holdings 2,600 16,848 0.002%

JGC Holdings 6,200 49,489 0.007%

Jiajiayue 39,800 180,805 0.027%

Jimmy Johns Funding 3.61 7/30/47 24,375 24,075 0.004%

JINS Holdings 1,600 87,614 0.013%

JMDC 2,800 120,014 0.018%

JobsOhio Beverage System 3.99 1/1/29 15,000 15,388 0.002%

John deere Capital 2.35 1/8/21 75,000 75,082 0.011%

Johnson Matthey 26,581 585,686 0.086%

JOYY, ADR 4,051 215,756 0.032%

JPMBB Commercial Mortgage Securities Trust 2015-C30 3.82 7/15/48 65,000 69,412 0.010%

JPMBB Commercial Mortgage Securities Trust 2015-C31 3.8 8/15/48 50,000 53,373 0.008%

JPMorgan Chase 3.56 4/23/24 125,000 129,863 0.019%

JPMorgan Chase 3.38 5/1/23 410,000 425,352 0.062%

JPMorgan Chase 3.88 7/24/38 160,000 178,800 0.026%

JPMorgan Chase 15,406 1,387,002 0.204%

JP Morgan Mortgage Trust 2019-INV3 3.5 5/25/50 214,355 212,435 0.031%




JS Global Lifestyle 203,500 162,941 0.024%

Julius Baer 12,958 434,060 0.064%

Just Eat Takeaway 2,225 168,261 0.025%

Kansai Paint 12,500 237,099 0.035%

of 24

Kansas City Southern 2.88 11/15/29 55,000 53,308 0.008%

Kansas City Southern 4.3 5/15/43 25,000 25,963 0.004%

Kansas City Southern 2,164 275,218 0.040%

Kao 700 57,028 0.008%

KBC 10,198 462,736 0.068%

Kelt Exploration 5,539 4,330 0.001%

Kendrion 2,187 23,566 0.003%

Kentucky Utilities 4.38 10/1/45 65,000 72,197 0.011%

Kering 439 228,901 0.034%

Keurig Dr Pepper 3.55 5/25/21 265,000 267,948 0.039%

KeyBank NA/Cleveland OH 3.35 6/15/21 260,000 264,870 0.039%

KeyCorp 2.25 4/6/27 90,000 83,727 0.012%

KeyCorp 2.9 9/15/20 40,000 39,900 0.006%

Keyence 1,500 482,269 0.071%

Keysight Technologies 4.55 10/30/24 230,000 239,455 0.035%

Keysight Technologies 12,093 1,011,942 0.148%

Keywords Studios 10,958 193,974 0.028%

Kilroy Realty 4.38 10/1/25 15,000 16,433 0.002%

Kilroy Realty 3.45 12/15/24 40,000 42,732 0.006%

Kilroy Realty 4.25 8/15/29 25,000 25,053 0.004%

Kilroy Realty, REIT 636 40,513 0.006%

Kimco Realty 3.4 11/1/22 20,000 20,077 0.003%

Kingfisher 95,488 167,725 0.025%

Kinross Gold 6,716 26,963 0.004%

Kion 8,430 362,810 0.053%

Kirin Holdings 17,200 339,705 0.050%

Kirkland Lake Gold 3,679 108,360 0.016%

KLA 118 16,961 0.002%

Knorr-Bremse 2,969 261,023 0.038%

Koito Manufacturing 1,900 63,876 0.009%

Kojamo 2,130 40,224 0.006%

Komatsu 4,600 74,444 0.011%

Komercni Banka 5,827 109,858 0.016%

Konecranes 4,778 81,368 0.012%

Koninklijke DSM 6,391 718,917 0.105%

Koninklijke Philips 32,656 1,340,771 0.197%

Koninklijke Vopak 8,609 452,060 0.066%

Kosmos Energy 13,260 11,876 0.002%

KT 5,901 95,507 0.014%

KT, ADR 11,168 86,887 0.013%

Kubota 13,300 169,163 0.025%

Kweichow Moutai 3,730 579,180 0.085%

Kyowa Kirin 11,600 259,254 0.038%

L3Harris Technologies 4.85 4/27/35 50,000 54,774 0.008%

L3Harris Technologies 755 135,991 0.020%

Laboratorios Farmaceuticos Rovi 7,959 195,422 0.029%

Lam Research 590 141,600 0.021%

Largan Precision 9,000 1,136,423 0.167%

Legrand 2,804 178,845 0.026%

Leonardo 17,804 117,705 0.017%

LG Household & Health Care 1,529 1,400,545 0.205%

Liberty Latin America 7,267 74,559 0.011%

Liberty Mutual 4.25 6/15/23 10,000 10,284 0.002%

Liberty Mutual 4.85 8/1/44 20,000 20,907 0.003%

Life Storage 4 6/15/29 145,000 147,684 0.022%

Linde 17,095 2,957,435 0.434%

Linde 1,320 228,939 0.034%

Li Ning 41,500 119,391 0.018%

Littelfuse 1,551 206,934 0.030%

LivaNova 2,758 124,800 0.018%

Lloyds Banking Group 1,762,761 689,152 0.101%

LM Ericsson 46,209 374,060 0.055%

Lojas Renner 48,121 311,262 0.046%

London Stock Exchange 2,951 263,983 0.039%

Lonza Group 914 375,950 0.055%

L'Oreal 1,667 431,438 0.063%

lululemon athletica 1,203 228,029 0.033%

Lundin Mining 8,768 32,959 0.005%

Lundin Petroleum 4,405 83,151 0.012%

Luthai Textile 70,600 50,450 0.007%

LVMH Moet Hennessy Louis Vuitton 176 64,548 0.009%

LYB International Finance II BV 3.5 3/2/27 300,000 293,633 0.043%

of 24

Mabuchi Motor 7,100 210,656 0.031%

Macquarie Group 3,989 212,446 0.031%

Maeda 19,000 139,550 0.020%

Magna International 15,455 493,324 0.072%

Magnetite XXIII 3.17 10/25/32 255,000 243,292 0.036%

Magnolia Oil & Gas 3,104 12,416 0.002%

Mail.Ru, GDR 16,075 258,379 0.038%

Mapletree Industrial Trust 17,400 29,548 0.004%

Marathon Petroleum 428 10,109 0.001%

Marcopolo 155,500 73,918 0.011%

MarketAxess Holdings 590 196,216 0.029%

Marriott 7,101 531,226 0.078%

Marsh & McLennan 3.3 3/14/23 10,000 10,057 0.001%

Marsh & McLennan 3.5 6/3/24 115,000 118,424 0.017%

Marsh & McLennan 10,585 915,179 0.134%

Maruti Suzuki India 3,690 208,135 0.031%

Marvell Technology Group 8,466 191,586 0.028%

Maryland Economic development 4.75 6/1/42 175,000 182,072 0.027%

Maryland HHEFA 4.67 7/1/36 20,000 23,391 0.003%

MassMutual Global Funding II 1.95 9/22/20 200,000 200,698 0.029%

MasterCard 7,252 1,751,793 0.257%

Match 257 16,972 0.002%

Matsumotokiyoshi Holdings 3,100 113,006 0.017%

Maxim Integrated Products 15,407 748,934 0.110%

McDonald s 1.45 9/1/25 65,000 62,141 0.009%

McDonald's 9,124 1,508,653 0.221%

MedStar Health 3.63 8/15/49 130,000 140,156 0.021%

Medtronic 3,235 291,732 0.043%

Meggitt 78,927 283,716 0.042%

Melrose Industries 120,160 133,526 0.020%

MercadoLibre 1,663 812,509 0.119%

Mercari 1,300 25,247 0.004%

METAWATER 3,400 121,210 0.018%

MetLife 18,124 554,051 0.081%

Metropolitan Life Global Funding I 2.05 6/12/20 150,000 150,249 0.022%

Metropolitan Transportation Authority 5.87 11/15/39 15,000 19,646 0.003%

Microchip Technology 3.92 6/1/21 40,000 38,740 0.006%

Micron Technology 4.19 2/15/27 100,000 101,125 0.015%

Micron Technology 30,486 1,282,241 0.188%

Microsoft 4.2 11/3/35 90,000 112,465 0.017%

Microsoft 67,974 10,720,180 1.573%

Mid-Atlantic Interstate Transmission 4.1 5/15/28 110,000 115,006 0.017%

Midea 22,500 152,130 0.022%

Mill City Mortgage Loan Trust 2018-1 3.25 5/25/62 107,917 108,853 0.016%

Mirvac Group 11,279 14,330 0.002%

Mississippi Power 3.95 3/30/28 170,000 174,196 0.026%

Mitsubishi Corporation 9,600 203,061 0.030%

Mitsubishi Electric 83,900 1,024,941 0.150%

Mitsubishi Estate 11,300 166,891 0.024%

Mitsubishi Heavy Industries 3,400 85,687 0.013%

Mitsubishi Motors 56,700 159,755 0.023%

Mitsubishi Ufj Financial 3.54 7/26/21 300,000 307,388 0.045%

Mitsubishi UFJ Financial 105,800 395,856 0.058%

Mitsubishi UFJ Lease & Finance 28,800 140,970 0.021%

Mitsui Fudosan 29,000 502,127 0.074%

Mitsui Fudosan Logistics Park 6 25,382 0.004%

Mitsui Mining & Smelting 6,900 114,582 0.017%

Miura 19,300 682,484 0.100%

Mmaf Equipment Finance Llc 2017 2.21 10/17/22 66,424 66,081 0.010%

MMC Norilsk Nickel 196 47,506 0.007%

Modec 8,700 104,445 0.015%

Molina Healthcare 2,481 346,621 0.051%

Moncler 7,862 285,695 0.042%

Mondelez International 3,259 163,211 0.024%

Mondi 1,494 25,212 0.004%

Money Forward 3,800 145,367 0.021%

Monolithic Power Systems 443 74,185 0.011%

Monster Beverage 6,253 351,794 0.052%

Morgan Stanley 3.13 1/23/23 485,000 495,939 0.073%

Morgan Stanley 4.3 1/27/45 45,000 54,731 0.008%

Morgan Stanley 4.1 5/22/23 200,000 206,506 0.030%

Morgan Stanley 3.97 7/22/38 135,000 145,463 0.021%

of 24

Morgan Stanley 51,173 1,739,882 0.255%

Morgan Stanley Bank of America Merrill Lynch Trust 2013-C9 3.1 5/15/46 20,000 20,176 0.003%






Morgan Stanley Capital I Trust 2019-MEAD 3.18 11/10/36 130,000 109,913 0.016%

Mori Hills REIT Investment 5 6,687 0.001%

Motorola Solutions 8,328 1,106,958 0.162%

Mplx 2.1 9/9/22 210,000 210,525 0.031%

MSCI 244 70,506 0.010%

M&T Bank 3.55 7/26/23 345,000 363,063 0.053%

Munich Re 3,516 706,964 0.104%

Municipal Electric Authority of Georgia 6.66 4/1/57 128,000 170,907 0.025%

Murata Manufacturing 13,200 656,235 0.096%

Musashi Seimitsu Industry 10,400 79,540 0.012%

Nakanishi 6,000 79,467 0.012%

Naked Wines 17,467 54,157 0.008%

Naspers 5,094 723,931 0.106%

National Bank of Canada 12,278 474,526 0.070%

National Bank of Kuwait 61,932 141,163 0.021%

National Commercial Bank 19,189 176,877 0.026%

National Grid 24,262 283,483 0.042%

National Retail Properties, REIT 121 3,895 0.001%

National Rural Utilities Cooperative Finance 2.9 3/15/21 145,000 145,186 0.021%

National Rural Utilities Cooperative Finance 2.35 6/15/20 10,000 10,020 0.001%

NAVER 7,061 981,722 0.144%

Navient Private Education Refi Loan Trust 2019 3.13 2/15/68 130,000 127,970 0.019%

Navient Private Education Refi Loan Trust 2019-F 2.6 8/15/68 125,000 126,343 0.019%

Navient Private Education Refi Loan Trust 2019-G 2.4 10/15/68 244,503 246,307 0.036%

Nestle 32,553 3,332,379 0.489%

Netcompany 3,749 172,187 0.025%

Netflix 5,988 2,248,494 0.330%

NET One Systems 12,900 268,419 0.039%

Network International Holdings 72,192 351,027 0.052%

Newcrest Mining 3,926 53,915 0.008%

Newmont 3,886 175,958 0.026%

Newmont 476 21,295 0.003%

New Orleans Hotel Trust 2019-HNLA 2.29 4/15/32 100,000 82,274 0.012%

New Residential Mortgage Loan Trust 2019-NQM5 2.71 11/25/59 159,363 157,461 0.023%

New York Life Global Funding 3.25 8/6/21 135,000 137,259 0.020%

New York State dormitory Authority 5.63 3/15/39 15,000 17,745 0.003%

Next 2,279 114,335 0.017%

Nextage 20,200 131,444 0.019%

NEXTDC 24,747 134,516 0.020%

NextEra Energy 879 38,961 0.006%

NextEra Energy 22,120 5,322,514 0.781%

NextEra Energy Capital Holdings 3.34 9/1/20 250,000 253,125 0.037%

NGK Spark Plug 6,300 88,309 0.013%

Nidec 1,400 72,148 0.011%

Nifco 7,800 139,717 0.020%

Nike 1,960 162,170 0.024%

Nikkiso 13,400 98,860 0.015%

Ninety One 14,990 32,192 0.005%

Nintendo 400 155,461 0.023%

Nippon Accommodations Fund 5 27,204 0.004%

Nippon Ceramic 6,100 103,749 0.015%

Nippon Kanzai 2,000 32,829 0.005%

Nippon Paint Holdings 3,100 161,362 0.024%

Nippon Prologis REIT 10 25,161 0.004%

Nippon Seiki 17,600 187,434 0.028%

Nippon Shokubai 2,200 100,416 0.015%

Nippon Soda 3,700 91,760 0.013%

Nippon Steel 3,800 32,392 0.005%

Nippon Telegraph & Telephone 87,000 2,080,746 0.305%

Nipro 12,500 147,036 0.022%

NiSource 3.95 3/30/48 105,000 107,064 0.016%

NiSource 3.49 5/15/27 215,000 217,579 0.032%

NiSource 14,606 364,712 0.054%

Nissan Motor Acceptance 3.65 9/21/21 110,000 107,774 0.016%

Nitto Boseki 3,700 162,165 0.024%

of 24

NOF 3,900 123,157 0.018%

Nokia 43,728 134,676 0.020%

Nordea Bank Abp 972 5,396 0.001%

Nordea Bank Abp 96,792 544,495 0.080%

Norfolk Southern 4,859 709,414 0.104%

Norma 10,695 198,795 0.029%

Norsk Hydro 6,520 14,058 0.002%

Northam Platinum 4,632 17,673 0.003%

Northern Star Resources 11,130 72,100 0.011%

Northern Trust 3.95 10/30/25 25,000 25,869 0.004%

Northrop Grumman 552 167,008 0.025%

Novartis 28,315 2,335,955 0.343%

Novo Nordisk 14,772 882,126 0.129%

NTPC 172,344 191,234 0.028%

NTT DOCOMO 13,100 409,678 0.060%

Nucor 3.95 5/1/28 130,000 139,454 0.020%

Nucor 1,325 47,727 0.007%

NVIDIA 3,845 1,013,542 0.149%

NXP Semiconductors 25,733 2,134,038 0.313%

Obara Group 3,800 80,785 0.012%

OBX 2019-EXP3 Trust 2.05 10/25/59 89,816 85,217 0.013%

Ocado 22,396 335,946 0.049%

Occidental Petroleum 3.4 4/15/26 75,000 36,000 0.005%



Omnicom Group Inc / Omnicom Capital 3.65 11/1/24 50,000 51,058 0.007%

Omnicom Group Inc / Omnicom Capital 3.6 4/15/26 50,000 49,834 0.007%

Omron 4,300 222,322 0.033%

oOh media 85,648 33,494 0.005%

Oppein Home 300 3,968 0.001%

Oracle 2.4 9/15/23 300,000 306,298 0.045%

Orange 10,171 123,145 0.018%

O Reilly Automotive 3.8 9/1/22 125,000 126,319 0.019%

O Reilly Automotive 3.6 9/1/27 145,000 145,728 0.021%

O'Reilly Automotive 1,001 301,351 0.044%

Oriental Land 700 89,360 0.013%

ORIX 11,900 141,975 0.021%

Osisko Gold Royalties 463 3,454 0.001%

OTP Bank 14,793 424,327 0.062%

Otsuka Holdings 19,100 745,251 0.109%

Outsourcing 9,200 39,733 0.006%

OZ Minerals 11,050 49,296 0.007%

PACCAR Financial 3.1 5/10/21 175,000 174,730 0.026%

Packaging Corp of America 3.65 9/15/24 15,000 15,748 0.002%

Packaging Corporation of America 13,022 1,130,700 0.166%

Pagseguro Digital 5,527 106,837 0.016%

PALTAC 2,500 123,816 0.018%

Panama Government International Bond 6.7 1/26/36 25,000 32,352 0.005%

Panasonic 2.54 7/19/22 200,000 196,337 0.029%

Panasonic 26,200 198,345 0.029%

Pan Pacific International Holdings 11,900 225,354 0.033%

Paramount, REIT 260 2,288 0.000%

Parsley Energy 894 5,123 0.001%

Paycom Software 460 92,925 0.014%

PayPal Holdings 2.4 10/1/24 345,000 337,882 0.050%

PayPal Holdings 11,657 1,116,041 0.164%

Pebblebrook Hotel Trust, REIT 879 9,572 0.001%

Pendal 13,293 36,117 0.005%

Penske Truck Leasing Co Lp / PTL Finance 3.2 7/15/20 65,000 65,264 0.010%

PepsiCo 1,092 131,149 0.019%

Perrigo Finance Unlimited 4.38 3/15/26 200,000 198,750 0.029%

Persimmon 8,006 189,251 0.028%

Persol Holdings 15,800 158,097 0.023%

Petronet LNG 20,530 54,312 0.008%

Philadelphia Authority for Industrial development 3.96 4/15/26 5,000 5,393 0.001%

Philip Morris International 11,629 848,452 0.124%

Phillips 66 301 16,149 0.002%

PICC Property & Casualty 542,000 519,009 0.076%

Pigeon 3,200 122,513 0.018%

Ping An Insurance 136,500 1,333,095 0.196%

Pioneer Natural Resources 817 57,313 0.008%

Planet Fitness 8,267 402,603 0.059%

of 24

Planet Fitness Master Issuer 4.26 9/5/48 201,925 190,300 0.028%

Playtech 57,831 120,046 0.018%

PNC Financial Services 3.3 3/8/22 20,000 20,959 0.003%

PNC Financial Services Group 2,584 247,340 0.036%

Pola Orbis Holdings 7,100 130,529 0.019%

Polymetal International 1,049 17,922 0.003%

Polypipe 13,593 76,614 0.011%

Polyus PJSC 131 17,705 0.003%

Port Authority of New York & New Jersey 5.31 8/1/46 20,000 21,203 0.003%

Porto Seguro 13,200 112,538 0.017%

POSCO 787 103,560 0.015%

Power Grid Corp of India 50,810 106,533 0.016%

Powszechny Zaklad Ubezpieczen 12,408 93,209 0.014%

PPD 2,845 50,669 0.007%

PPG Industries 8,102 677,327 0.099%

President Chain Store 38,000 355,254 0.052%

President & Fellows of Harvard College 3.62 10/1/37 25,000 28,213 0.004%

Pricoa Global Funding I 3.45 9/1/23 270,000 271,928 0.040%

Principal Financial 3.4 5/15/25 35,000 34,620 0.005%

Principal Financial 3.3 9/15/22 25,000 25,133 0.004%

Procter & Gamble 3,357 369,270 0.054%

Prologis 2.13 4/15/27 30,000 29,521 0.004%

Prologis, REIT 42,109 3,384,300 0.497%

Prosus 6,842 479,083 0.070%

Providence Health & Services Obligated 4.38 10/1/23 25,000 28,012 0.004%

Province of Alberta Canada 3.3 3/15/28 135,000 152,370 0.022%

Province of Alberta Canada 2.2 7/26/22 130,000 134,127 0.020%

Province of British Columbia Canada 2 10/23/22 15,000 15,438 0.002%

Province of Manitoba Canada 2.6 4/16/24 270,000 288,125 0.042%

Province of New Brunswick Canada 3.63 2/24/28 250,000 291,595 0.043%

Province of Ontario Canada 2.55 2/12/21 115,000 116,686 0.017%

Province of Quebec Canada 2.88 10/16/24 50,000 54,168 0.008%

Prudential 10,384 130,110 0.019%

Prysmian 40,982 650,667 0.095%

PS Business Parks, REIT 189 25,613 0.004%

PSP Swiss Property 755 94,412 0.014%

Public Storage, REIT 740 146,971 0.022%

Quaker Chemical 213 26,898 0.004%

Qualcomm 35,109 2,375,124 0.348%

QUALCOMM 3.25 5/20/27 107,000 112,788 0.017%

QVC 4.85 4/1/24 20,000 17,250 0.003%

Raia Drogasil 28,082 547,470 0.080%

Rayonier, REIT 1,394 32,829 0.005%

Realty Income, REIT 244 12,166 0.002%

Reckitt Benckiser 3,906 297,541 0.044%

Recruit Holdings 19,700 508,876 0.075%

Regency Centers 4.13 3/15/28 35,000 36,924 0.005%

Regency Centers, REIT 1,002 38,507 0.006%

Regeneron Pharmaceuticals 74 36,133 0.005%

Regis Resources 2,598 5,774 0.001%

Reinsurance Group of America 5 6/1/21 20,000 20,545 0.003%

REI - SECURITY LENDING COLLATERAL 340,130 3,401,296 0.499%

RELX 27,301 582,669 0.085%

RELX Capital 3.5 3/16/23 45,000 46,870 0.007%

Renesas Electronics 19,000 67,584 0.010%

Renishaw 3,636 141,230 0.021%

Renrui Human Resources Tech Holdings 27,000 160,659 0.024%

Republic of Poland Government International Bond 3.25 4/6/26 55,000 59,564 0.009%

Republic Services 3.38 11/15/27 230,000 233,444 0.034%

Restaurant Brands International 406 16,252 0.002%

Rexford Industrial Realty, REIT 1,054 43,225 0.006%

Rightmove 10,406 62,758 0.009%

Rio Tinto 7,012 321,445 0.047%

Rio Tinto 2,485 128,026 0.019%

Roche Holding 9,414 3,028,881 0.444%

Rockwell Automation 2,024 305,442 0.045%

Rolls-Royce 22,078 93,311 0.014%

Roper Technologies 3 12/15/20 50,000 50,094 0.007%

Roper Technologies 3.8 12/15/26 50,000 51,539 0.008%

Roper Technologies 2.95 9/15/29 60,000 59,471 0.009%

Roper Technologies 3,728 1,162,428 0.171%

Ross Stores 12,229 1,063,556 0.156%

of 24

Rotork 29,562 78,215 0.011%

Round One 10,900 56,691 0.008%

Royal Bank Of Scotland 4.52 6/25/24 300,000 304,907 0.045%

Royal Dutch Shell 32,104 538,513 0.079%

Royal Dutch Shell, ADR 7,550 246,583 0.036%

RPM 816 48,552 0.007%

Rsa Insurance 21,824 113,886 0.017%

Sabine Pass Liquefaction 4.2 3/15/28 50,000 43,250 0.006%

Safran 1,786 158,235 0.023%

Sakata INX 11,900 99,547 0.015%

Sakata Seed 2,400 72,814 0.011%

Salesforce.com 10,818 1,557,576 0.229%

Sampo 12,392 357,495 0.052%

Samsonite International 82,800 77,528 0.011%

Samsung Electronics 12,725 414,678 0.061%

Samsung Electronics 91,570 3,560,381 0.522%

Sanderson Farms 238 29,350 0.004%

Sandstorm Gold 1,023 5,125 0.001%

Sandvik 8,764 123,280 0.018%

Sanlam 91,709 261,153 0.038%

Sanofi 5,685 492,179 0.072%

Sansan 6,400 266,265 0.039%

Santander Retail Auto Lease Trust 2019 2.77 6/20/22 100,000 100,246 0.015%

Sanwa Holdings 15,200 118,043 0.017%

SAP 6,182 690,208 0.101%

Saracen Mineral Holdings 2,868 6,449 0.001%

Sarana Menara Nusantara 2,353,100 97,097 0.014%

Sartorius 177 42,316 0.006%

Saudi Arabian Oil 2.88 4/16/24 245,000 238,447 0.035%

SBA Tower Trust 2.84 1/15/25 250,000 239,916 0.035%

Sberbank of Russia, ADR 147,771 1,391,978 0.204%

Scentre 69,011 66,101 0.010%

Schlumberger 2,859 38,568 0.006%

Schneider Electric 8,644 730,616 0.107%

Scout24 Holding 15,150 905,651 0.133%

Seasoned Credit Risk Transfer Trust Series 2016-1 3 9/25/55 15,000 13,922 0.002%

Seattle Genetics 308 35,537 0.005%

SEB 4,031 499,264 0.073%

Semafo 1,490 2,890 0.000%

Sempra Energy 1,893 177,636 0.026%

Sempra Energy 859 80,666 0.012%

Sempra Energy 24,980 2,822,490 0.414%

Sensirion Holding 2,098 77,861 0.011%

Sequoia Mortgage Trust 2018-CH1 3.5 2/25/48 41,889 41,432 0.006%

Sequoia Mortgage Trust 2018-CH2 4 6/25/48 67,528 68,074 0.010%

Sequoia Mortgage Trust 2018-CH4 4 10/25/48 68,009 67,175 0.010%

ServiceNow 4,956 1,420,290 0.208%

Seven Generations Energy 34,411 37,900 0.006%

Seven & i Holdings 17,400 574,633 0.084%

SG Residential Mortgage Trust 2019-3 2.7 9/25/59 85,152 82,182 0.012%

Shaftesbury 1,333 10,165 0.001%

Shandong Weigao Group Medical Polymer 228,000 286,221 0.042%

Shanghai International Airport 20,700 175,793 0.026%

Shell International Finance BV 3.25 5/11/25 75,000 78,624 0.012%

Sherwin-Williams 277 127,287 0.019%

Shimadzu 6,200 161,809 0.024%

Shimano 1,500 213,920 0.031%

Shimao Property 5,500 19,061 0.003%

Shire Acquisitions Investments Ireland DAC 2.88 9/23/23 300,000 306,558 0.045%

Shop Apotheke Europe 2,230 123,251 0.018%

Shopify 1,539 644,799 0.095%

Shoprite Holdings 56,447 396,113 0.058%

Shriram Transport Finance 4,748 40,898 0.006%

Shurgard Self Storage Europe Sarl 728 21,597 0.003%

Sibanye Stillwater 12,214 15,413 0.002%

Siemens 9,753 816,669 0.120%

Siemens Healthineers 6,622 255,984 0.038%

Sierra Timeshare 2015-3 Receivables Funding 2.58 9/20/32 12,060 11,958 0.002%

Silergy 6,000 194,614 0.029%

Simon Property 3.38 10/1/24 45,000 45,409 0.007%

Simon Property Group, REIT 1,117 61,279 0.009%

Sinopharm 17,600 38,996 0.006%

of 24

SITC International Holdings 159,000 148,000 0.022%

SK Hynix 7,807 527,785 0.077%

Slack Technologies 8,668 232,649 0.034%

SL Green Realty, REIT 1,626 70,081 0.010%

SMBC Aviation Capital Finance DAC 4.13 7/15/23 315,000 331,434 0.049%

Smb Private Education Loan Trust 2016 2.7 5/15/31 147,942 148,439 0.022%



SMC 700 293,471 0.043%

SMCP SAS 11,184 46,544 0.007%

SM Investments 36,061 576,872 0.085%

Smith & Nephew 23,627 416,224 0.061%

Smiths Group 8,437 127,206 0.019%

SMS 13,200 254,572 0.037%

Snap Inc. 41,779 496,752 0.073%

Softbank Corp 13,500 171,972 0.025%

SOFTBANK GROUP CORP 16,800 594,760 0.087%

Solasto 30,600 283,898 0.042%

Sompo Holdings 5,000 154,120 0.023%

Sonic Capital 4.03 2/20/48 49,333 49,121 0.007%

Sony 4,300 254,704 0.037%

South32 304,027 335,619 0.049%

South Carolina Public Service Authority 2.39 12/1/23 25,000 25,571 0.004%

Southern 9,614 443,572 0.065%

Southern Company 22,284 1,206,456 0.177%

Southern Copper 19,042 536,223 0.079%

Spectra Energy Partners 3.38 10/15/26 40,000 36,891 0.005%

Spectra Energy Partners 4.75 3/15/24 170,000 160,449 0.024%

S&P Global 1,271 311,459 0.046%

Spie 6,215 62,515 0.009%

Spin Master 7,558 72,717 0.011%

Spirax Sarco Engineering 1,523 152,898 0.022%

Spirit Realty Capital, REIT 169 4,419 0.001%

Splunk 4,873 615,119 0.090%

Spotify Technology 3,829 464,994 0.068%

Sprott Physical Gold Trust Fund 4,600 60,352 0.009%

Ssp 20,696 77,981 0.011%

Standard Chartered 16,383 90,578 0.013%

Stanley Electric 24,200 475,014 0.070%

Starwood Mortgage Residential Trust 2019-INV1 2.61 9/27/49 85,307 81,296 0.012%

State Board of Administration Finance 2.64 7/1/21 45,000 45,041 0.007%

State Grid Overseas Investment 2016 3.75 5/2/23 215,000 224,496 0.033%

State of California 7.63 3/1/40 35,000 56,466 0.008%

State of Wisconsin 3.95 5/1/36 110,000 119,534 0.018%

State Street 3.1 5/15/23 25,000 25,625 0.004%

State Street 2.55 8/18/20 65,000 65,081 0.010%

State Street 3,536 188,363 0.028%

Steadfast 63,880 96,291 0.014%

Steel Dynamics 920 20,737 0.003%

StoneCo 27,751 604,139 0.089%

Stora Enso 24,475 244,722 0.036%

Storebrand 39,683 158,239 0.023%

Stroeer SE & Co KGaA 2,272 116,747 0.017%

Stryker 9,086 1,512,728 0.222%

Sumitomo Corporation 37,100 423,098 0.062%

Sumitomo Densetsu 8,000 163,702 0.024%

Sumitomo Electric Industries 10,800 112,838 0.017%

Sumitomo Metal Mining 2,000 40,889 0.006%

Sumitomo Mitsui Financial 3.75 7/19/23 340,000 355,829 0.052%

Sumitomo Mitsui Trust Holdings 6,600 189,619 0.028%

Sumitomo Rubber Industries 9,400 88,292 0.013%

Sumitomo Seika Chemicals 4,400 107,786 0.016%

Suncor Energy 19,986 315,779 0.046%

Suncorp 15,107 83,893 0.012%

Sun Hung Kai Properties 4,083 53,381 0.008%

Sun Life Financial 11,274 362,662 0.053%

Sunny Optical Technology 13,400 177,253 0.026%

Sunstone Hotel Investors, REIT 6,326 55,099 0.008%

Suzano 23,500 162,226 0.024%

Suzuki Motor 14,900 354,787 0.052%

Svenska Handelsbanken 3.35 5/24/21 100,000 101,177 0.015%

Svenska Handelsbanken 34,290 282,793 0.041%

of 24

Swedbank 9,458 104,314 0.015%

Symrise 236 21,832 0.003%

Synchrony Credit Card Master Note Trust 2.62 10/15/25 50,000 50,549 0.007%

Syncona 41,406 106,353 0.016%

Syngenta Finance 3.7 4/24/20 205,000 205,272 0.030%

Synopsys 7,984 1,028,259 0.151%

Taiwan Semiconductor Manufacturing 430,000 3,870,998 0.568%

Taiwan Union Technology 37,000 147,280 0.022%

Takeda Pharmaceutical 30,546 930,068 0.136%

Takeda Pharmaceutical, ADR 8,665 131,535 0.019%

TAL Education, ADR 7,904 420,967 0.062%

TC Energy 34,986 1,549,880 0.227%

TC Energy 3,650 162,231 0.024%

TD Ameritrade Holding 2,249 77,950 0.011%

Teachers Insurance & Annuity Association of America 4.27 5/15/47 130,000 124,965 0.018%

TeamLease Services 2,997 60,813 0.009%

Teamviewer 3,840 156,138 0.023%

Tecan 1,227 367,492 0.054%

TechnoPro Holdings 5,600 261,356 0.038%

Teck Resources 1,268 9,586 0.001%

Teladoc Health 6,737 1,044,302 0.153%

Telecom Italia 218,529 85,380 0.013%

Teleflex 65 19,036 0.003%

Telefonica Deutschland Holding 38,019 93,341 0.014%

Teleperformance 2,005 415,270 0.061%

Temenos 564 73,517 0.011%

Tenaris 3,578 21,585 0.003%

Tenaris, ADR 22,148 266,883 0.039%

Tencent Holdings 2.99 1/19/23 200,000 204,199 0.030%

Tencent Holdings 98,454 4,866,344 0.714%

Tencent Holdings, ADR 9,481 465,422 0.068%

Tencent Music Entertainment, ADR 12,600 126,756 0.019%

Terreno Realty, REIT 1,492 77,211 0.011%

Terumo 3,300 113,063 0.017%

Terveystalo 11,879 105,173 0.015%

Teva Pharmaceutical Finance IV BV 3.65 11/10/21 15,000 14,400 0.002%

Texas A&M University 3.33 5/15/39 250,000 262,278 0.038%

Texas Instruments 1.38 3/12/25 45,000 44,492 0.007%

Texas Instruments 19,228 1,921,454 0.282%

Thales 13,783 1,141,452 0.167%

Thermo Fisher Scientific 9,857 2,795,445 0.410%

THK 9,700 195,442 0.029%

Thomson Reuters 3.35 5/15/26 10,000 9,895 0.001%

Thule 14,648 252,738 0.037%

ThyssenKrupp 2,197 11,572 0.002%

Tikehau Capital SCA 5,974 140,268 0.021%

Time Warner Cable 6.55 5/1/37 13,000 15,290 0.002%

Time Warner Cable 6.75 6/15/39 13,000 14,846 0.002%

Time Warner Cable 4 9/1/21 10,000 10,026 0.001%

TJX 1,906 91,126 0.013%

Tmx 871 64,844 0.010%

Tokio Marine Holdings 9,100 416,367 0.061%

Tokyo Electron 2,300 428,659 0.063%

Tokyo Tatemono 10,200 108,035 0.016%

Torex Gold Resources 263 2,547 0.000%

Toro 362 23,563 0.003%

Toronto-Dominion Bank 3.5 7/19/23 235,000 246,174 0.036%

Torrent Pharmaceuticals 5,404 139,970 0.021%

Tosoh 2,500 28,253 0.004%

Total 43,204 1,627,877 0.239%

Total, ADR 10,319 384,280 0.056%

Total Capital International 2.43 1/10/25 275,000 274,419 0.040%

Towd Point Mortgage Trust 2015-5 2.75 5/25/55 36,846 36,543 0.005%

Towd Point Mortgage Trust 2017-6 2.75 10/25/57 86,928 86,988 0.013%

Towd Point Mortgage Trust 2018-1 3 1/25/58 66,927 67,229 0.010%

Toyota Motor 3.18 7/20/21 295,000 298,319 0.044%

Toyota Motor 15,000 903,974 0.133%

Toyota Motor Credit 2.95 4/13/21 250,000 250,868 0.037%

Toyo Tire 11,000 125,746 0.018%

Trainline 39,977 165,974 0.024%

TransCanada PipeLines 2.5 8/1/22 20,000 18,957 0.003%

Transmissora Alianca de Energia Eletrica 18,987 93,983 0.014%

of 24

Transurban Finance Co Pty 4.13 2/2/26 15,000 16,385 0.002%

Travis Perkins 17,643 191,792 0.028%

Trelleborg 5,183 55,140 0.008%

Trinity Health 4.13 12/1/45 25,000 27,390 0.004%

Trip.Com, ADR 12,393 290,616 0.043%

TRP Dynamic Global Bd - I 1,263,827 11,943,167 1.752%

TRP Emerg Markets Local Currency Bd 3,364,718 17,967,594 2.636%

TRP Inst Emerging Markets Bd - Inst 3,608,389 25,583,480 3.754%

TRP Inst Floating Rate - Inst 1,124,747 9,751,559 1.431%

TRP Institutional High Yield - Inst 1,874,493 14,189,909 2.082%

TRP International Bond - I 1,848,073 15,745,582 2.310%

TRP International Bond (USD Hgd) - I 628,799 6,080,488 0.892%

TRP Treasury Reserve 0.93 8,626,618 8,626,618 1.266%

TRP Ultra Short-Term Bond - I 5,994,442 29,492,656 4.327%

Truist Bank 3.5 8/2/22 350,000 351,583 0.052%

Truist Financial 3,512 108,310 0.016%

Tsingtao Brewery 50,000 252,736 0.037%

Tyman 31,037 58,808 0.009%

Tyson Foods 39,720 2,298,596 0.337%

Ubisoft Entertainment 2,371 173,299 0.025%

UBS 20,804 190,692 0.028%

Umicore 5,948 205,154 0.030%

Unilever 19,037 960,037 0.141%

Unilever 4,777 234,796 0.034%

Unilever Capital 3 3/7/22 150,000 153,897 0.023%

Union Pacific 4.75 9/15/41 10,000 12,019 0.002%

Union Pacific 5,359 755,833 0.111%

Uni-President Enterprises 107,910 233,562 0.034%

UNITE 13,380 133,525 0.020%

United Airlines 2014-1 Class B Pass Through Trust 4.75 4/11/22 2,949 2,748 0.000%

United Airlines 2014-2 Class A Pass Through Trust 3.75 9/3/26 3,729 3,669 0.001%

United Airlines 2018-1 Class A Pass Through Trust 3.7 3/1/30 321,894 301,483 0.044%

United Airlines Holdings 931 29,373 0.004%

Unitedhealth 3.75 7/15/25 40,000 43,131 0.006%

UnitedHealth Group 13,063 3,257,651 0.478%

United Overseas Bank 3.2 4/23/21 200,000 199,919 0.029%

United Overseas Bank 32,400 444,530 0.065%

Universal Robina 104,030 212,794 0.031%

University of California 4.6 5/15/31 25,000 29,083 0.004%

University of California 5.77 5/15/43 15,000 20,316 0.003%

UPM-Kymmene 795 21,677 0.003%

Urban Edge Properties, REIT 1,424 12,545 0.002%

U.S. Treasury Bonds 2.25 11/15/27 35,000 39,309 0.006%


U.S. Treasury Bonds 3.13 11/15/41 1,162,000 1,563,616 0.229%


U.S. Treasury Bonds 3 11/15/44 395,000 525,844 0.077%









U.S. Treasury Bonds 3 2/15/48 910,000 1,251,108 0.184%








U.S. Treasury Bonds 2.75 8/15/47 5,915,000 7,755,120 1.138%


U.S. Treasury Inflation Indexed Bonds 0.13 10/15/24 1,382,535 1,398,305 0.205%

U.S. Treasury Inflation Indexed Bonds 0.13 1/15/22 150,109 147,834 0.022%




U.S. Treasury Inflation Indexed Bonds 2 1/15/26 201,461 223,496 0.033%


of 24


























U.S. Treasury Notes 1.38 1/31/25 248,000 259,703 0.038%

U.S. Treasury Notes 1.88 9/30/22 25,000 25,961 0.004%

UT 6,700 68,126 0.010%

Vale 13,294 110,525 0.016%

Valmet 10,367 201,257 0.030%

Valmont Industries 129 13,671 0.002%

Van Lanschot Kempen 4,708 57,501 0.008%

Varroc Engineering 6,832 11,552 0.002%

Veeva Systems 359 56,137 0.008%

Ventas Realty LP / Ventas Capital 3.25 8/15/22 20,000 19,913 0.003%

Verallia SASU 12,022 295,078 0.043%

VEREIT, REIT 1,018 4,978 0.001%

Verizon Communications 2.63 8/15/26 230,000 236,879 0.035%

Verizon Communications 5.15 9/15/23 25,000 27,908 0.004%

Verizon Owner Trust 2017-1 2.65 9/20/21 200,000 199,267 0.029%

Vertex Pharmaceuticals 5,085 1,209,976 0.178%

Verus Securitization Trust 2018-INV1 3.63 3/25/58 52,209 49,578 0.007%

Verus Securitization Trust 2019-4 2.64 11/25/59 189,661 192,010 0.028%

Verus Securitization Trust 2019-INV3 2.69 11/25/59 201,994 195,548 0.029%

V. F. 898 48,564 0.007%

Victrex 11,180 270,069 0.040%

Vipshop Holdings, ADR 6,200 96,596 0.014%

Virginia Commonwealth University Health System Authority 4.96 1/1/44 25,000 31,499 0.005%

Visa 4.15 12/14/35 90,000 113,072 0.017%

Visa 2.15 9/15/22 90,000 91,658 0.013%

Visa 17,993 2,899,032 0.425%

Vistra Operations 3.55 7/15/24 135,000 127,069 0.019%

VMware 1,454 176,079 0.026%

Vodafone 3.75 1/16/24 180,000 184,323 0.027%

Vodafone 344,587 476,716 0.070%

Vodafone, ADR 20,915 288,000 0.042%

Voestalpine 710 14,325 0.002%

Volkswagen Group of America Finance 2.7 9/26/22 330,000 316,870 0.046%

Vornado Realty Trust, REIT 775 28,063 0.004%

VT Holdings 15,900 43,041 0.006%

Walmart 3.4 6/26/23 300,000 319,221 0.047%

Wal-Mart de Mexico 162,693 383,303 0.056%

Walt Disney 4.5 2/15/21 20,000 20,510 0.003%

Walt Disney 5.65 8/15/20 20,000 20,294 0.003%

Walt Disney 4,257 411,226 0.060%

WANdisco 10,956 65,112 0.010%

Warehouses de Pauw SCA 9,938 283,675 0.042%

Wartsila 2,315 16,905 0.002%

Waste Connections 2,084 161,510 0.024%

Watches Of Switzerland 26,629 61,503 0.009%

Weibo 3.5 7/5/24 255,000 256,565 0.038%

Weir Group 6,148 54,681 0.008%

of 24

Welcia Holdings 3,200 224,196 0.033%

Wells Fargo 3.07 1/24/23 465,000 472,503 0.069%

Wells Fargo 3.5 3/8/22 95,000 96,642 0.014%

Wells Fargo 30,444 873,743 0.128%

Wells Fargo Bank NA 3.33 7/23/21 250,000 249,994 0.037%

Wells Fargo Commercial Mortgage Trust 2015-C30 3.66 9/15/58 41,000 42,653 0.006%


Wells Fargo Commercial Mortgage Trust 2015-NXS2 3.77 7/15/58 75,000 78,352 0.011%


Welltower, REIT 718 32,870 0.005%

Western Midstream Operating 4 7/1/22 20,000 12,900 0.002%

West Fraser Timber 1,168 22,276 0.003%

Westlake Chemical 599 22,864 0.003%

Westrock 6,213 175,579 0.026%

Weyerhaeuser, REIT 8,701 147,482 0.022%

Wheaton Precious Metals 1,915 52,702 0.008%

Williams Companies 5,704 80,712 0.012%

Willis North America 3.6 5/15/24 40,000 40,695 0.006%

Willis North America 4.5 9/15/28 160,000 176,500 0.026%

Willis Towers Watson 5,284 897,487 0.132%

Wilmar International 85,600 193,577 0.028%

Wise Talent Information Technology 34,200 68,390 0.010%

Wiwynn 7,000 160,953 0.024%

Wix.com 9,418 949,523 0.139%

Woodside Finance 3.7 3/15/28 67,000 64,488 0.009%

Woodside Finance 4.5 3/4/29 105,000 95,618 0.014%

Workday 3,189 415,272 0.061%

World Omni Automobile Lease Securitization Trust 2018 3.06 5/15/23 260,000 256,031 0.038%

World Omni Auto Receivables Trust 2016 1.77 9/15/21 1,310 1,307 0.000%

Worley 34,900 129,509 0.019%

WP Carey 3.85 7/15/29 215,000 207,266 0.030%

WP Carey, REIT 378 21,954 0.003%

WPP 50,982 346,623 0.051%

WPP Finance 2010 3.63 9/7/22 290,000 288,445 0.042%

WPX Energy 2,121 6,469 0.001%

Wynn Resorts 336 20,224 0.003%

X5 Retail Group, GDR 12,281 328,148 0.048%

XCEL Energy 426 25,688 0.004%

Xero 2,063 85,801 0.013%

Xilinx 8,271 644,642 0.095%

XP 10,022 193,324 0.028%

Yandex 4,797 163,338 0.024%

Yara International 1,844 58,306 0.009%

Yellow Hat 9,000 124,758 0.018%

Yifeng Pharmacy Chain 30,100 393,095 0.058%

YouGov 26,407 203,957 0.030%

Yum! Brands 15,357 1,052,415 0.154%

Yumeshin Holdings 7,600 39,789 0.006%

Zalando 18,390 693,122 0.102%

Z Holdings 95,800 305,426 0.045%

Zhongji Innolight 15,000 111,403 0.016%

Zhongsheng Group Holdings 29,500 102,370 0.015%

Zijin Mining 28,000 10,488 0.002%

Zimmer Biomet Holdings 3,409 344,582 0.051%

Zoetis 1,135 133,578 0.020%

Zojirushi 3,000 40,917 0.006%

Zurich Insurance Group 2,734 960,472 0.141%

Zur Rose 1,506 189,515 0.028%

Miscellaneous Securities ‡ 468,441

Total Investments in Securities 678,381,917

‡ At the discretion of the advisor, the identity of certain securities has been concealed to protect the fund's interests.

Forwards Contracts

Currency

Bought Receive

Currency

Sold Deliver Settlement Unrealized G/L % of Net Assets

BNP PARIBAS SECURITIES CORP SGD 3,800 USD (2,622) 04/02/2020 51 0.000%

JP MORGAN CHASE BANK ILS 2,500 USD (691) 04/01/2020 15 0.000%

JP MORGAN CHASE BANK USD 698 ILS (2,500) 04/01/2020 (8) 0.000%

JP MORGAN CHASE BANK AUD 23,400 USD (13,950) 04/02/2020 444 0.000%

JP MORGAN CHASE BANK CHF 19,200 USD (19,683) 04/02/2020 268 0.000%

JP MORGAN CHASE BANK DKK 27,200 USD (3,966) 04/02/2020 52 0.000%

JP MORGAN CHASE BANK EUR 58,800 USD (64,041) 04/02/2020 814 0.000%

JP MORGAN CHASE BANK GBP 26,600 USD (31,646) 04/02/2020 1,395 0.000%

JP MORGAN CHASE BANK HKD 52,600 USD (6,784) 04/02/2020 0 0.000%

JP MORGAN CHASE BANK JPY 5,412,500 USD (48,706) 04/02/2020 1,637 0.000%

of 24

JP MORGAN CHASE BANK NOK 12,800 USD (1,196) 04/02/2020 35 0.000%

JP MORGAN CHASE BANK NZD 1,000 USD (584) 04/02/2020 13 0.000%

JP MORGAN CHASE BANK USD 101,499 AUD (156,400) 04/02/2020 5,296 0.001%

JP MORGAN CHASE BANK USD 278,883 AUD (428,600) 04/02/2020 15,247 0.002%

JP MORGAN CHASE BANK USD 2,935,418 AUD (4,551,000) 04/02/2020 136,061 0.020%

JP MORGAN CHASE BANK USD 145,393 CHF (136,300) 04/02/2020 3,767 0.001%

JP MORGAN CHASE BANK USD 389,064 CHF (364,800) 04/02/2020 10,010 0.001%

JP MORGAN CHASE BANK USD 4,232,825 CHF (4,087,000) 04/02/2020 (13,868) -0.002%

JP MORGAN CHASE BANK USD 29,182 DKK (192,800) 04/02/2020 697 0.000%

JP MORGAN CHASE BANK USD 78,216 DKK (517,800) 04/02/2020 1,715 0.000%

JP MORGAN CHASE BANK USD 849,200 DKK (5,765,000) 04/02/2020 (2,530) 0.000%

JP MORGAN CHASE BANK USD 471,266 EUR (416,800) 04/02/2020 11,539 0.002%

JP MORGAN CHASE BANK USD 1,262,850 EUR (1,118,900) 04/02/2020 28,713 0.004%

JP MORGAN CHASE BANK USD 13,731,048 EUR (12,476,000) 04/02/2020 (29,873) -0.004%

JP MORGAN CHASE BANK USD 624,536 GBP (484,600) 04/02/2020 22,587 0.003%

JP MORGAN CHASE BANK USD 6,716,123 GBP (5,253,000) 04/02/2020 191,079 0.028%

JP MORGAN CHASE BANK USD 50,860 HKD (395,000) 04/02/2020 (89) 0.000%

JP MORGAN CHASE BANK USD 135,507 HKD (1,052,800) 04/02/2020 (289) 0.000%

JP MORGAN CHASE BANK USD 1,452,941 HKD (11,323,000) 04/02/2020 (7,560) -0.001%

JP MORGAN CHASE BANK USD 146,089 ILS (509,000) 04/02/2020 2,355 0.000%

JP MORGAN CHASE BANK USD 13,597 ILS (48,300) 04/02/2020 (42) 0.000%

JP MORGAN CHASE BANK USD 353,986 JPY (37,318,200) 04/02/2020 6,884 0.001%

JP MORGAN CHASE BANK USD 961,712 JPY (100,718,800) 04/02/2020 24,910 0.004%

JP MORGAN CHASE BANK USD 10,683,397 JPY (1,150,339,000) 04/02/2020 (16,102) -0.002%

JP MORGAN CHASE BANK USD 8,543 NOK (82,000) 04/02/2020 656 0.000%

JP MORGAN CHASE BANK USD 23,038 NOK (221,900) 04/02/2020 1,694 0.000%

JP MORGAN CHASE BANK USD 247,571 NOK (2,344,000) 04/02/2020 22,106 0.003%

JP MORGAN CHASE BANK USD 4,256 NZD (6,800) 04/02/2020 198 0.000%

JP MORGAN CHASE BANK USD 11,782 NZD (18,700) 04/02/2020 624 0.000%

JP MORGAN CHASE BANK USD 124,029 NZD (200,000) 04/02/2020 4,691 0.001%

JP MORGAN CHASE BANK USD 40,903 SEK (389,500) 04/02/2020 1,528 0.000%

JP MORGAN CHASE BANK USD 110,220 SEK (1,046,600) 04/02/2020 4,418 0.001%

JP MORGAN CHASE BANK USD 1,184,194 SEK (11,463,000) 04/02/2020 25,386 0.004%

JP MORGAN CHASE BANK USD 19,332 SGD (26,900) 04/02/2020 406 0.000%

JP MORGAN CHASE BANK USD 51,807 SGD (72,100) 04/02/2020 1,079 0.000%

JP MORGAN CHASE BANK USD 553,328 SGD (772,000) 04/02/2020 10,163 0.001%

JP MORGAN CHASE BANK USD 5,100 ILS (18,000) 04/06/2020 17 0.000%

JP MORGAN CHASE BANK ILS 2,500 USD (699) 05/05/2020 8 0.000%

CITIBANK N A SEK 56,000 USD (5,556) 04/02/2020 105 0.000%

CITIBANK N A USD 107,080 JPY (11,037,000) 04/15/2020 4,351 0.001%

MORGAN STANLEY & COMPANY LLC AUD 5,112,600 USD (3,128,400) 04/02/2020 16,401 0.002%

MORGAN STANLEY & COMPANY LLC CHF 4,568,900 USD (4,723,842) 04/02/2020 23,580 0.003%

MORGAN STANLEY & COMPANY LLC DKK 6,448,400 USD (948,322) 04/02/2020 4,375 0.001%

MORGAN STANLEY & COMPANY LLC EUR 13,952,900 USD (15,311,912) 04/02/2020 78,017 0.011%

MORGAN STANLEY & COMPANY LLC GBP 5,890,400 USD (7,305,274) 04/02/2020 11,520 0.002%

MORGAN STANLEY & COMPANY LLC HKD 12,718,200 USD (1,640,910) 04/02/2020 (448) 0.000%

MORGAN STANLEY & COMPANY LLC ILS 557,300 USD (157,572) 04/02/2020 (198) 0.000%

MORGAN STANLEY & COMPANY LLC JPY 1,282,963,500 USD (11,885,895) 04/02/2020 47,167 0.007%

MORGAN STANLEY & COMPANY LLC NOK 2,635,100 USD (251,120) 04/02/2020 2,345 0.000%

MORGAN STANLEY & COMPANY LLC NZD 224,500 USD (133,039) 04/02/2020 919 0.000%

MORGAN STANLEY & COMPANY LLC SEK 12,843,100 USD (1,297,008) 04/02/2020 1,316 0.000%

MORGAN STANLEY & COMPANY LLC SGD 867,200 USD (609,203) 04/02/2020 943 0.000%

MORGAN STANLEY & COMPANY LLC ILS 18,000 USD (5,090) 04/06/2020 (7) 0.000%

MORGAN STANLEY & COMPANY LLC USD 2,461,953 AUD (4,023,000) 05/05/2020 (13,046) -0.002%

MORGAN STANLEY & COMPANY LLC USD 4,330,532 CHF (4,182,000) 05/05/2020 (22,407) -0.003%

MORGAN STANLEY & COMPANY LLC USD 883,085 DKK (6,000,000) 05/05/2020 (4,494) -0.001%

MORGAN STANLEY & COMPANY LLC USD 12,326,745 EUR (11,219,000) 05/05/2020 (64,229) -0.009%

MORGAN STANLEY & COMPANY LLC USD 6,081,004 GBP (4,900,000) 05/05/2020 (10,023) -0.001%

MORGAN STANLEY & COMPANY LLC USD 1,395,607 HKD (10,820,000) 05/05/2020 174 0.000%

MORGAN STANLEY & COMPANY LLC USD 131,575 ILS (465,000) 05/05/2020 101 0.000%

MORGAN STANLEY & COMPANY LLC USD 5,093 ILS (18,000) 05/05/2020 4 0.000%

MORGAN STANLEY & COMPANY LLC USD 215,594 NOK (2,262,000) 05/05/2020 (2,027) 0.000%

MORGAN STANLEY & COMPANY LLC USD 122,632 NZD (207,000) 05/05/2020 (851) 0.000%

MORGAN STANLEY & COMPANY LLC USD 1,100,240 SEK (10,888,000) 05/05/2020 (1,306) 0.000%

MORGAN STANLEY & COMPANY LLC USD 481,418 SGD (685,000) 05/05/2020 (804) 0.000%

MORGAN STANLEY & COMPANY LLC USD 11,024,621 JPY (1,188,173,000) 05/07/2020 (46,128) -0.007%

STATE STREET GLOBAL MARKETS LLC USD 231,530 GBP (179,400) 04/02/2020 8,688 0.001%

Total Forward Currency Exchange Contracts 502,234

Options Strike Price($) Exercise Date Shares/Par Value ($) % of Net Assets

of 24

FR/HO 04/17/2020 C 78 OTC 78.00 4/17/2020 (2) (521) 0.000%

FR/UBI 04/17/2020 C 78 OTC 78.00 4/17/2020 (1) (58) 0.000%

iShares iBoxx High Yield Corporate Bond ETF 79.00 5/15/2020 (910) (416,325) (0.061%)

NXPI 01/15/2021 C 150 OTC 150.00 1/15/2021 (3) (245) 0.000%

NXPI 07/17/2020 C 145 OTC 145.00 7/17/2020 (4) (248) 0.000%

SPX 05/15/2020 C2900 2,900.00 5/15/2020 (15) (31,275) (0.005%)

SPX 06/20 P2100 2,100.00 6/19/2020 (15) (101,700) (0.015%)

SPX 4/20 P2650 2,650.00 4/17/2020 (28) (378,140) (0.055%)

SPX 4/20 P2700 2,700.00 4/17/2020 (20) (324,100) (0.048%)

SPX 9/20 P1750 1,750.00 9/18/2020 (19) (93,670) (0.014%)

SPX 9/20 P1800 1,800.00 9/18/2020 (19) (105,355) (0.015%)

US BOND FUTR OPTN May20C 173 173.00 4/24/2020 (31) (211,188) (0.031%)

US BOND FUTR OPTN May20C 180 180.00 4/24/2020 (39) (83,484) (0.012%)

US BOND FUTR OPTN May20P 173 173.00 4/24/2020 16 12,000 0.002%

Total Options (1,734,308)

Futures Contracts Contracts Expiration Contract Value Unrealized G/L % of Net Assets

E-MINI RUSS 2000 FUT 6/20 680 6/19/2020 39,018,400 245,352 5.725%

FVM0 5YR US NOTE FUT JUN 20 61 6/30/2020 7,646,922 170,024 1.122%

MSCI EAFE FUT 6/20 (37) 6/19/2020 (2,884,705) (159,091) (0.423%)

S&P500 EMINI FUT 6/20 (116) 6/19/2020 (14,904,260) (1,189,257) (2.187%)

TUM0 2YR US NOTE FUT JUN 20 17 6/30/2020 3,746,508 2,077 0.550%

TYM0 UST 10YR FUT JUN 20 (9) 6/19/2020 (1,248,188) (4,232) (0.183%)

USM0 UST 20YR FUT JUN 20 55 6/19/2020 9,848,438 (85,985) 1.445%

UXYM0 UST 10YR ULTRA FUT JUN 20 (9) 6/19/2020 (1,404,281) (11,357) (0.206%)

WNM0 ULTRA US BOND FUT JUN 20 1 6/19/2020 221,875 23,649 0.033%

Total Futures Contracts (1,008,820)

NET ASSETS 681,548,977

NET ASSET VALUE PER SHARE

Global Allocation Fund Shares 11.35

($600,287,823 / 52,898,901 Shares Outstanding)

Global Allocation Fund - Advisor Class Shares 11.26

($10,256,397 / 910,650 Shares Outstanding)

Global Allocation Fund - I Class Shares 11.38

($71,004,757 / 6,239,082 Shares Outstanding)

ADR American Depository Receipts

ADS American Depository Shares

AR Auction Rate security with an interest rate reset feature through a modified Dutch auction at predetermined short-term intervals; rate shown is effective rate at period end

ARM Adjustable Rate Mortgage

BAN Bond Anticipation Note

CDA Community Development Administration

CLN Credit Linked Note

CMO Collateralized Mortgage Obligation

COP Certificate of Participation

DOT Department of Transportation

EFA Educational Facility Authority

ETC Equipment Trust Certificate

FDR Fiduciary Depository Receipt

FRN Floating Rate Note

GDR Global Depository Receipts

GDS Global Depository Shares

GO General Obligation

HDA Housing Development Authority

HEFA Health & Education Facility Authority

HFA Health Facility Authority

HFC Housing Finance Corp

HFFA Health Facility Financing Authority

HHEFA Health & Higher Education Facility Authority

IDA Industrial Development Authority/Agency

IDB Industrial Development Bond

IDC Industrial Development Corp

IDRB Industrial Development Revenue Bond

IO Interest Only security for which the fund receives interest on notional principal (par)

PCR Pollution Control Revenue

PFA Public Finance Authority

PIK Payment-in-kind

PTC Pass-Through Certificate

RAC Revenue Anticipation Certificate

RAN Revenue Anticipation Note

RAW Revenue Anticipation Warrant

REIT Real Estate Investment Trust

RIB Residual interest bond issued by a third party securitization trust and purchased directly through a cash transaction that involved no exchange of previously held securities; rate varies

inversely to short-term rates and the rate presented is the effective rate at period-end

STEP Stepped coupon bond for which the coupon rate of interest will adjust on specified future dates(s)

of 24

TAN Tax Anticipation Note

TAW Tax Anticipation Warrant

TBA To Be Announced purchase commitment

TDFA Trade & Deposit Facility Agreement

TECP Tax-Exempt Commercial Paper

TRAN Tax Revenue Anticipation Note

VR Variable Rate; rate shown is effective rate at period end

VRDN Variable Rate Demand Note under which the holder has the right to sell the security to the issuer or the issuer's agent at a predetermined price (generally par) on specified dates upon

required notification; rate shown is effective rate at period-end

ADP Andorran Peseta DOP Dominican Peso LBP Lebanese Pound QAR Qatari Rial

AED United Arab Emirates Dirham DZD Algerian Dinar LKR Sri Lanka Rupee RON Romanian Leu

AFA Afghanistan Afghani ECS Ecuador Sucre LRD Liberian Dollar RSD Serbian Dinar

ALL Albania Lek EEK Estonian Kroon LTL Lithuanian Litas RUB Russian Rouble

AMD Armenian Dram EGP Egyptian Pound LVL Latvian Lats RWF Rwandan Franc

ANG Netherlands Antillian Guilder ETB Ethiopian Birr LYD Libyan Dinar SAR Saudi Riyal

AOA Angolan Kwanza EUR Euro MAD Moroccan Dirham SDD Sudanese Dinar

ARS Argentine Peso FJD Fiji Dollar MDL Moldavan Leu SEK Swedish Krona

AUD Australian Dollar FKP Falkland Islands Pound MGA Malagasy Franc SGD Singapore Dollar

AZM Azerbaijan Manat GBP British Pound MOP Macau Pataca SIT Slovenian Tolar

BAM Bosnia and Herzegovina Convertible Mark GHC Ghanaian Cedi MRO Mauritanian Ouguiya SKK Slovak Koruna

BBD Bardados Dollar GIP Gibraltar Pound MTL Maltese Lira SLL Sierra Leonean Leone

BDT Bandladesh Taka GTQ Guatemalan Quetzal MUR Mauritius Rupee SOS Somali Shilling

BGN Bulgarian Lev GYD Guyanan Dollar MWK Malawi Kwacha SVC El Salvador Colon

BHD Bahraini Dinar HKD Hong Kong Dollar MXN Mexican Peso SZL Swazi Lilangeni

BMD Bermudian Dollar HNL Honduran Lempira MYR Malaysian Ringgit THB Thai Baht

BOB Bolivian Boliviano HRK Croatian Kuna MZM Mozambican Metical TND Tunisian Dinar

BRL Brazilian Real HTG Haitian Gourde NAD Namibian Dollar TRY Turkish Lira

BSD Bahamian Dollar HUF Hungarian Forint NGN Nigerian Naira TTD Trinidad and Tobago Dollar

BWP Botswana Pula IDR Indonesian Rupiah NIO Nicarguan Cordoba Oro TWD Taiwan Dollar

BYR Belarusian Ruble ILS Israeli New Shekel NOK Norwegian Kroner TZS Tanzanian Shilling

BZD Belize Dollar INR Indian Rupee NPR Nepalese Rupee UAG Ukrainian Hryvnai

CAD Canadian Dollar IQD Iraqi Dinar NZD New Zealand Dollar UGX Uganda Shilling

CHF Swiss Franc IRR Iranian Rial OMR Omani Rial USD U.S. Dollar

CLP Chilean Peso ISK Iceland Krona PAB Panamanian Balboa UYU Uruguayan Peso

CNY China Yuan Renminbi JMD Jamaican Dollar PEN Peruvian Nuevo Sol VEB Venezuelan Bolivar

COP Columbian Peso JOD Jordanian Dinar PGK Papua New Guinea Kina VND Vietnamese Dong

CRC Costa Rican Colon JPY Japanese Yen PHP Philippine Peso XAF CFA Franc BEAC

CUP Cuban Peso KES Kenyan Shilling PKR Pakistan Rupee XCD East Caribbean Dollar

CYP Cyprus Pound KHR Cambodian Riel PLN Polish Zloty XOF CFA Franc BCEAO

CZK Czech Koruna KPW North Korean Won PYG Guarani YER Yemeni Rial

Important Information

The portfolio data contained herein is for informational purposes only and does not constitute a recommendation or an offer for a particular security or investment. Unlike the fund's regulatory

filings, the portfolio data and its presentation in this document do not conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation

requirements. The holdings are not audited and the information may differ in certain respects, such as derivatives exposure and security name, from the information found in the complete list

of portfolio investments in the semiannual and annual shareholder reports and Form N-Q.

of 24

Page 1 of 24 · T. Rowe Price Global Allocation Fund 03/31/2020 (Unaudited) Portfolio of...

Documents

Transcript of Page 1 of 24 · T. Rowe Price Global Allocation Fund 03/31/2020 (Unaudited) Portfolio of...