UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-09945
Natixis Funds Trust IV
(Exact name of Registrant as specified in charter)
888 Boylston Street, Suite 800, Boston, Massachusetts 02199-8197
(Address of principal executive offices) (Zip code)
Susan McWhan Tobin, Esq.
Natixis Distribution, LLC
888 Boylston Street, Suite 800
Boston, Massachusetts 02199-8197
(Name and address of agent for service)
Registrant’s telephone number, including area code: (617) 449-2139
Date of fiscal year end: January 31
Date of reporting period: January 31, 2024
Item 1. Reports to Stockholders.
(a) | The Registrant’s annual report transmitted to shareholders pursuant to Rule 30e-1 under the Investment Company Act of 1940 is as follows: |
AEW Global Focused Real Estate Fund |
Managers |
An Chen, CFA®* |
Peter Ho* |
Robert Oosterkamp |
Milton Low, CFA®** |
Gina Szymanski, CFA® |
AEW Capital Management, L.P. |
Symbols | |
Class A | NRFAX |
Class C | NRCFX |
Class N | NRFNX |
Class Y | NRFYX |
* | Effective July 14, 2023, An Chen and Peter Ho serve as the portfolio managers of the Fund. |
** | Effective July 14, 2023, Milton Low no longer serves as portfolio manager of the Fund. |
Investment Goal
Fastighets AB Balder owns a portfolio of diversified real estate assets in the Nordics, with a bias toward residential properties. The company, along with higher-leveraged European peers, outperformed as five-year government bond yields declined by around 100 basis points in 4Q. Balder was an outsized beneficiary of the improving interest rate outlook given the company's exposure to variable rate debt and elevated leverage profile (loan-to-value is around 50%). We continue to like Balder's strong management team and believe the company's assets, which are primarily residential properties in Sweden and Finland, should continue to benefit from improving fundamentals in the near term.
Top Ten Holdings as of January 31, 2024 | |
Security Name | % of Net Assets |
1 Prologis, Inc. | 7.39% |
2 Welltower, Inc. | 6.28 |
3 Equinix, Inc. | 5.70 |
4 VICI Properties, Inc. | 5.00 |
5 AvalonBay Communities, Inc. | 4.69 |
6 Extra Space Storage, Inc. | 4.26 |
7 Regency Centers Corp. | 3.94 |
8 Boston Properties, Inc. | 3.50 |
9 UDR, Inc. | 3.37 |
10 Dream Industrial Real Estate Investment Trust | 3.29 |
The portfolio is actively managed and holdings are subject to change. There is no guarantee the Fund continues to invest in the securities referenced. The holdings listed exclude any temporary cash investments, are presented on an individual security basis and do not represent holdings of the issuer. |
Hypothetical Growth of $100,000 Investment in Class Y Shares1, 2 |
January 31, 2014 through January 31, 2024 |
Average Annual Total Returns —January 31, 20241,2 | |||||
1 Year | 5 Years | 10 Years | Expense Ratios4 | ||
Gross | Net | ||||
Class Y | |||||
NAV | -0.88 % | 1.78 % | 5.25 % | 1.16 % | 0.90 % |
Class A | |||||
NAV | -1.21 | 1.52 | 4.99 | 1.41 | 1.15 |
With 5.75% Maximum Sales Charge | -6.91 | 0.33 | 4.36 | ||
Class C | |||||
NAV | -1.86 | 0.75 | 4.35 | 2.16 | 1.90 |
With CDSC5 | -2.83 | 0.75 | 4.35 | ||
Class N | |||||
NAV | -0.82 | 1.82 | 5.33 | 1.09 | 0.85 |
Comparative Performance | |||||
FTSE EPRA Nareit Developed Index (Net)3 | -3.41 | -0.11 | 3.18 |
1 | For certain periods, Fund performance has been increased by fee waivers and/or expense reimbursements, without which performance would have been lower. |
2 | The performance results shown for the periods prior to the close of business on May 31, 2019 reflect results achieved using a different investment strategy. |
3 | The FTSE EPRA Nareit Developed Index (Net) is an index designed to track the performance of listed real estate companies and real estate investment trusts ("REITs") worldwide. By making the index constituents free-float adjusted, liquidity, size and revenue screened, the series is suitable for use as the basis for investment products, such as derivatives and Exchange Traded Funds ("ETFs"). |
4 | Expense ratios are as shown in the Fund’s prospectus in effect as of the date of this report. The expense ratios for the current reporting period can be found in the Financial Highlights section of this report under Ratios to Average Net Assets. Net expenses reflect contractual expense limitations set to expire on 5/31/24. When a Fund’s expenses are below the limitation, gross and net expense ratios will be the same. See Note 5 of the Notes to Financial Statements for more information about the Fund’s expense limitations. |
5 | Performance for Class C shares assumes a 1.00% contingent deferred sales charge (“CDSC”) applied when you sell shares within one year of purchase, and includes automatic conversion to Class A shares after eight years. |
AEW Global Focused Real Estate Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class A | |||
Actual | $1,000.00 | $1,018.80 | $6.00 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,019.26 | $6.01 |
Class C | |||
Actual | $1,000.00 | $1,015.00 | $9.80 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,015.48 | $9.80 |
Class N | |||
Actual | $1,000.00 | $1,020.80 | $4.48 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,020.77 | $4.48 |
Class Y | |||
Actual | $1,000.00 | $1,020.60 | $4.69 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,020.57 | $4.69 |
* | Expenses are equal to the Fund’s annualized expense ratio (after waiver/reimbursement): 1.18%, 1.93%, 0.88% and 0.92% for Class A, C, N and Y, respectively, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half-year (184), divided by 365 (to reflect the half-year period). |
Shares | Description | Value (†) |
Common Stocks — 98.7% of Net Assets | ||
Australia — 3.2% | ||
26,146 | Goodman Group | $434,002 |
123,152 | GPT Group | 372,211 |
337,573 | Mirvac Group | 474,425 |
365,450 | Region RE Ltd. | 538,056 |
1,818,694 | ||
Belgium — 0.5% | ||
2,376 | VGP NV | 278,678 |
Canada — 3.3% | ||
186,470 | Dream Industrial Real Estate Investment Trust | 1,861,302 |
France — 2.6% | ||
5,053 | Gecina SA | 557,278 |
8,037 | Klepierre SA | 208,083 |
30,893 | Mercialys SA | 351,462 |
4,527 | Unibail-Rodamco-Westfield(a) | 324,155 |
1,440,978 | ||
Germany — 3.4% | ||
201,853 | Sirius Real Estate Ltd. | 231,822 |
33,904 | TAG Immobilien AG(a) | 474,548 |
38,500 | Vonovia SE | 1,199,366 |
1,905,736 | ||
Hong Kong — 2.9% | ||
121,081 | Link REIT | 607,304 |
284,430 | Sino Land Co. Ltd. | 297,105 |
54,000 | Sun Hung Kai Properties Ltd. | 504,003 |
84,696 | Wharf Real Estate Investment Co. Ltd. | 248,145 |
1,656,557 | ||
Japan — 8.5% | ||
909 | Invincible Investment Corp. | 373,691 |
50,529 | Mitsui Fudosan Co. Ltd. | 1,268,468 |
95 | Nippon Accommodations Fund, Inc. | 395,497 |
161 | Nippon Building Fund, Inc. | 651,424 |
379 | Nippon Prologis REIT, Inc. | 674,317 |
11,700 | Nomura Real Estate Holdings, Inc. | 320,179 |
538 | Orix J-REIT, Inc. | 622,310 |
15,700 | Sumitomo Realty & Development Co. Ltd. | 493,751 |
4,799,637 | ||
Netherlands — 0.3% | ||
10,189 | CTP NV | 173,866 |
Singapore — 2.6% | ||
475,100 | Digital Core REIT Management Pte. Ltd. | 305,390 |
786,600 | Mapletree Logistics Trust | 904,492 |
389,500 | Paragon REIT | 254,053 |
1,463,935 | ||
Spain — 0.6% | ||
35,088 | Merlin Properties SOCIMI SA | 357,309 |
Sweden — 1.8% | ||
152,327 | Fastighets AB Balder, Class B(a) | 1,011,039 |
United Kingdom — 5.2% | ||
40,594 | Big Yellow Group PLC | 586,990 |
135,212 | LondonMetric Property PLC | 330,376 |
93,042 | Segro PLC | 1,033,331 |
146,270 | Tritax Big Box REIT PLC | 306,229 |
31,924 | UNITE Group PLC | 407,856 |
44,792 | Workspace Group PLC | 294,629 |
2,959,411 |
Shares | Description | Value (†) |
United States — 63.8% | ||
38,550 | American Homes 4 Rent, Class A | $1,351,178 |
6,457 | American Tower Corp. | 1,263,313 |
14,790 | AvalonBay Communities, Inc. | 2,647,558 |
29,720 | Boston Properties, Inc. | 1,976,380 |
11,900 | Digital Realty Trust, Inc. | 1,671,474 |
3,880 | Equinix, Inc. | 3,219,508 |
60,430 | Essential Properties Realty Trust, Inc. | 1,505,311 |
16,660 | Extra Space Storage, Inc. | 2,406,370 |
32,980 | Prologis, Inc. | 4,178,236 |
18,420 | Realty Income Corp. | 1,001,864 |
35,530 | Regency Centers Corp. | 2,226,665 |
14,788 | Ryman Hospitality Properties, Inc. | 1,625,201 |
12,370 | Simon Property Group, Inc. | 1,714,606 |
7,903 | Sun Communities, Inc. | 990,641 |
52,810 | UDR, Inc. | 1,902,216 |
93,706 | VICI Properties, Inc. | 2,822,425 |
41,040 | Welltower, Inc. | 3,550,370 |
36,053,316 | ||
Total Common Stocks (Identified Cost $53,173,804) | 55,780,458 |
Principal Amount | ||
Short-Term Investments — 1.2% | ||
$685,978 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $686,045 on 2/01/2024 collateralized by $709,600 U.S.Treasury Note, 3.750% due 2/31/2030 valued at $699,781 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $685,978) | 685,978 |
Total Investments — 99.9% (Identified Cost $53,859,782) | 56,466,436 | |
Other assets less liabilities — 0.1% | 38,984 | |
Net Assets — 100.0% | $56,505,420 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
J-REIT | Japan Real Estate Investment Trust |
REITs | Real Estate Investment Trusts |
Specialized REITs | 21.6 % |
Industrial REITs | 17.3 |
Residential REITs | 13.6 |
Retail REITs | 12.8 |
Real Estate Management & Development | 11.5 |
Office REITs | 7.2 |
Health Care REITs | 6.3 |
Diversified REITs | 4.8 |
Hotel & Resort REITs | 3.6 |
Short-Term Investments | 1.2 |
Total Investments | 99.9 |
Other assets less liabilities | 0.1 |
Net Assets | 100.0 % |
United States Dollar | 65.5 % |
Japanese Yen | 8.5 |
Euro | 7.0 |
British Pound | 5.6 |
Canadian Dollar | 3.3 |
Australian Dollar | 3.2 |
Hong Kong Dollar | 2.9 |
Singapore Dollar | 2.1 |
Swedish Krona | 1.8 |
Total Investments | 99.9 |
Other assets less liabilities | 0.1 |
Net Assets | 100.0 % |
ASSETS | |
Investments at cost | $53,859,782 |
Net unrealized appreciation | 2,606,654 |
Investments at value | 56,466,436 |
Receivable for Fund shares sold | 36,249 |
Receivable from investment adviser (Note 5) | 2,278 |
Receivable for securities sold | 412,197 |
Dividends and interest receivable | 85,527 |
Tax reclaims receivable | 26,572 |
Prepaid expenses (Note 7) | 560 |
TOTAL ASSETS | 57,029,819 |
LIABILITIES | |
Payable for securities purchased | 224,164 |
Payable for Fund shares redeemed | 15,883 |
Deferred Trustees’ fees (Note 5) | 169,823 |
Administrative fees payable (Note 5) | 2,278 |
Payable to distributor (Note 5d) | 915 |
Audit and tax services fees payable | 59,567 |
Other accounts payable and accrued expenses | 51,769 |
TOTAL LIABILITIES | 524,399 |
COMMITMENTS AND CONTINGENCIES(a) | — |
NET ASSETS | $56,505,420 |
NET ASSETS CONSIST OF: | |
Paid-in capital | $71,751,388 |
Accumulated loss | (15,245,968 ) |
NET ASSETS | $56,505,420 |
COMPUTATION OF NET ASSET VALUE AND OFFERING PRICE: | |
Class A shares: | |
Net assets | $14,287,221 |
Shares of beneficial interest | 1,209,434 |
Net asset value and redemption price per share | $11.81 |
Offering price per share (100/94.25 of net asset value) (Note 1) | $12.53 |
Class C shares: (redemption price per share is equal to net asset value less any applicable contingent deferred sales charge) (Note 1) | |
Net assets | $191,615 |
Shares of beneficial interest | 16,104 |
Net asset value and offering price per share | $11.90 |
Class N shares: | |
Net assets | $3,585,108 |
Shares of beneficial interest | 337,915 |
Net asset value, offering and redemption price per share | $10.61 |
Class Y shares: | |
Net assets | $38,441,476 |
Shares of beneficial interest | 3,633,296 |
Net asset value, offering and redemption price per share | $10.58 |
(a) | As disclosed in the Notes to Financial Statements, if applicable. |
INVESTMENT INCOME | |
Dividends | $2,893,570 |
Interest | 40,108 |
Less net foreign taxes withheld | (95,428 ) |
2,838,250 | |
Expenses | |
Management fees (Note 5) | 591,913 |
Service and distribution fees (Note 5) | 40,873 |
Administrative fees (Note 5) | 36,532 |
Trustees' fees and expenses (Note 5) | 51,056 |
Transfer agent fees and expenses (Notes 5 and 6) | 95,633 |
Audit and tax services fees | 57,230 |
Custodian fees and expenses | 39,071 |
Interest expense (Note 9) | 9,864 |
Legal fees | 2,986 |
Registration fees | 79,224 |
Shareholder reporting expenses | 50,144 |
Miscellaneous expenses | 32,365 |
Total expenses | 1,086,891 |
Less waiver and/or expense reimbursement (Note 5) | (327,576 ) |
Net expenses | 759,315 |
Net investment income | 2,078,935 |
Net realized and unrealized gain (loss) on Investments and Foreign currency transactions | |
Net realized gain (loss) on: | |
Investments | (8,756,963 ) |
Capital gains distributions received (Note 2) | 152,067 |
Foreign currency transactions (Note 2c) | (14,010 ) |
Net change in unrealized appreciation (depreciation) on: | |
Investments | 3,575,733 |
Foreign currency translations (Note 2c) | (4,807 ) |
Net realized and unrealized loss on Investments and Foreign currency transactions | (5,047,980 ) |
NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS | $(2,969,045 ) |
Year Ended January 31,2024 | Year Ended January 31,2023 | |
FROM OPERATIONS: | ||
Net investment income | $2,078,935 | $2,302,937 |
Net realized loss on investments and foreign currency transactions, including distributions of capital gains received from investments | (8,618,906 ) | (8,304,309 ) |
Net change in unrealized appreciation (depreciation) on investments and foreign currency translations | 3,570,926 | (13,658,921 ) |
Net decrease in net assets resulting from operations | (2,969,045 ) | (19,660,293 ) |
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||
Class A | (369,216 ) | (443,026 ) |
Class C | (3,908 ) | (4,650 ) |
Class N | (97,744 ) | (94,478 ) |
Class Y | (1,807,817 ) | (2,441,225 ) |
Total distributions | (2,278,685 ) | (2,983,379 ) |
NET DECREASE IN NET ASSETS FROM CAPITAL SHARES TRANSACTIONS (Note 11) | (30,431,216 ) | (27,671,616 ) |
Net decrease in net assets | (35,678,946 ) | (50,315,288 ) |
NET ASSETS | ||
Beginning of the year | 92,184,366 | 142,499,654 |
End of the year | $56,505,420 | $92,184,366 |
Class A | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $12.25 | $14.58 | $12.48 | $14.23 | $14.62 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.28 | 0.24 | 0.22 (b) | 0.17 | 0.22 |
Net realized and unrealized gain (loss) | (0.45 ) | (2.30 ) | 2.68 | (1.52 ) | 1.61 |
Total from Investment Operations | (0.17 ) | (2.06 ) | 2.90 | (1.35 ) | 1.83 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.27 ) | (0.15 ) | (0.47 ) | (0.22 ) | (0.39 ) |
Net realized capital gains | — | (0.12 ) | (0.33 ) | (0.18 ) | (1.83 ) |
Total Distributions | (0.27 ) | (0.27 ) | (0.80 ) | (0.40 ) | (2.22 ) |
Net asset value, end of the period | $11.81 | $12.25 | $14.58 | $12.48 | $14.23 |
Total return(c)(d) | (1.21 )% | (14.16 )% | 23.39 %(b) | (8.94 )% | 13.18 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $14,287 | $18,018 | $24,653 | $22,619 | $33,864 |
Net expenses(e) | 1.17 %(f) | 1.15 % | 1.15 % | 1.15 % | 1.18 %(g) |
Gross expenses | 1.58 %(f) | 1.41 % | 1.42 % | 1.55 % | 1.50 % |
Net investment income | 2.45 % | 1.92 % | 1.51 %(b) | 1.43 % | 1.46 % |
Portfolio turnover rate | 88 % | 90 % | 84 % | 119 % | 107 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Includes a non-recurring dividend. Without this dividend, net investment income per share would have been $0.17, total return would have been 22.99% and the ratio of net investment income to average net assets would have been 1.14%. |
(c) | A sales charge for Class A shares is not reflected in total return calculations. |
(d) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(e) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(f) | Includes interest expense. Without this expense the ratio of net expenses would have been 1.15% and the ratio of gross expenses would have been 1.57%. |
(g) | Effective June 1, 2019, the expense limit decreased from 1.25% to 1.15%. |
Class C | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $12.33 | $14.69 | $12.56 | $14.32 | $14.70 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.20 | 0.15 | 0.12 (b) | 0.08 | 0.11 |
Net realized and unrealized gain (loss) | (0.45 ) | (2.32 ) | 2.69 | (1.53 ) | 1.61 |
Total from Investment Operations | (0.25 ) | (2.17 ) | 2.81 | (1.45 ) | 1.72 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.18 ) | (0.07 ) | (0.35 ) | (0.13 ) | (0.27 ) |
Net realized capital gains | — | (0.12 ) | (0.33 ) | (0.18 ) | (1.83 ) |
Total Distributions | (0.18 ) | (0.19 ) | (0.68 ) | (0.31 ) | (2.10 ) |
Net asset value, end of the period | $11.90 | $12.33 | $14.69 | $12.56 | $14.32 |
Total return(c)(d) | (1.86 )% | (14.89 )% | 22.48 %(b) | (9.68 )% | 12.35 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $192 | $284 | $397 | $643 | $1,391 |
Net expenses(e) | 1.91 %(f) | 1.90 % | 1.90 % | 1.90 % | 1.93 %(g) |
Gross expenses | 2.33 %(f) | 2.16 % | 2.18 % | 2.30 % | 2.25 % |
Net investment income | 1.74 % | 1.17 % | 0.84 %(b) | 0.67 % | 0.71 % |
Portfolio turnover rate | 88 % | 90 % | 84 % | 119 % | 107 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Includes a non-recurring dividend. Without this dividend, net investment income per share would have been $0.07, total return would have been 21.99% and the ratio of net investment income to average net assets would have been 0.51%. |
(c) | A contingent deferred sales charge for Class C shares is not reflected in total return calculations. |
(d) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(e) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(f) | Includes interest expense. Without this expense the ratio of net expenses would have been 1.90% and the ratio of gross expenses would have been 2.32%. |
(g) | Effective June 1, 2019, the expense limit decreased from 2.00% to 1.90%. |
Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $11.03 | $13.18 | $11.35 | $13.00 | $13.54 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.28 | 0.25 | 0.24 (b) | 0.17 | 0.24 |
Net realized and unrealized gain (loss) | (0.40 ) | (2.09 ) | 2.43 | (1.38 ) | 1.48 |
Total from Investment Operations | (0.12 ) | (1.84 ) | 2.67 | (1.21 ) | 1.72 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.30 ) | (0.19 ) | (0.51 ) | (0.26 ) | (0.43 ) |
Net realized capital gains | — | (0.12 ) | (0.33 ) | (0.18 ) | (1.83 ) |
Total Distributions | (0.30 ) | (0.31 ) | (0.84 ) | (0.44 ) | (2.26 ) |
Net asset value, end of the period | $10.61 | $11.03 | $13.18 | $11.35 | $13.00 |
Total return(c) | (0.82 )% | (13.99 )% | 23.76 %(b) | (8.67 )% | 13.49 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $3,585 | $3,545 | $3,654 | $2,810 | $10,319 |
Net expenses(d) | 0.87 %(e) | 0.85 % | 0.85 % | 0.85 % | 0.88 %(f) |
Gross expenses | 1.24 %(e) | 1.09 % | 1.10 % | 1.17 % | 1.09 % |
Net investment income | 2.71 % | 2.22 % | 1.80 %(b) | 1.55 % | 1.69 % |
Portfolio turnover rate | 88 % | 90 % | 84 % | 119 % | 107 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Includes a non-recurring dividend. Without this dividend, net investment income per share would have been $0.19, total return would have been 23.30% and the ratio of net investment income to average net assets would have been 1.43%. |
(c) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Includes interest expense. Without this expense the ratio of net expenses would have been 0.85% and the ratio of gross expenses would have been 1.23%. |
(f) | Effective June 1, 2019, the expense limit decreased from 0.95% to 0.85%. |
Class Y | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $11.00 | $13.14 | $11.32 | $12.96 | $13.50 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.27 | 0.25 | 0.23 (b) | 0.18 | 0.24 |
Net realized and unrealized gain (loss) | (0.40 ) | (2.08 ) | 2.42 | (1.38 ) | 1.47 |
Total from Investment Operations | (0.13 ) | (1.83 ) | 2.65 | (1.20 ) | 1.71 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.29 ) | (0.19 ) | (0.50 ) | (0.26 ) | (0.42 ) |
Net realized capital gains | — | (0.12 ) | (0.33 ) | (0.18 ) | (1.83 ) |
Total Distributions | (0.29 ) | (0.31 ) | (0.83 ) | (0.44 ) | (2.25 ) |
Net asset value, end of the period | $10.58 | $11.00 | $13.14 | $11.32 | $12.96 |
Total return(c) | (0.88 )% | (14.00 )% | 23.67 %(b) | (8.68 )% | 13.48 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $38,441 | $70,337 | $113,795 | $49,363 | $83,933 |
Net expenses(d) | 0.91 %(e) | 0.90 % | 0.90 % | 0.90 % | 0.93 %(f) |
Gross expenses | 1.33 %(e) | 1.16 % | 1.16 % | 1.30 % | 1.25 % |
Net investment income | 2.68 % | 2.19 % | 1.70 %(b) | 1.69 % | 1.72 % |
Portfolio turnover rate | 88 % | 90 % | 84 % | 119 % | 107 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Includes a non-recurring dividend. Without this dividend, net investment income per share would have been $0.17, total return would have been 23.22% and the ratio of net investment income to average net assets would have been 1.27%. |
(c) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Includes interest expense. Without this expense the ratio of net expenses would have been 0.90% and the ratio of gross expenses would have been 1.32%. |
(f) | Effective June 1, 2019, the expense limit decreased from 1.00% to 0.90%. |
2024 Distributions | 2023 Distributions | ||||
Ordinary Income | Long-Term Capital Gains | Total | Ordinary Income | Long-Term Capital Gains | Total |
$2,278,685 | $— | $2,278,685 | $1,688,845 | $1,294,534 | $2,983,379 |
Undistributed ordinary income | $582,519 |
Capital loss carryforward: | |
Short-term: | |
No expiration date | (8,217,093 ) |
Long-term: | |
No expiration date | (8,418,732 ) |
Total capital loss carryforward | (16,635,825 ) |
Unrealized appreciation | 977,161 |
Total accumulated losses | $(15,076,145 ) |
Federal tax cost | $55,487,045 |
Gross tax appreciation | $2,719,410 |
Gross tax depreciation | (1,740,019 ) |
Net tax appreciation | $979,391 |
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks | ||||
Australia | $— | $1,818,694 | $— | $1,818,694 |
Belgium | — | 278,678 | — | 278,678 |
France | — | 1,440,978 | — | 1,440,978 |
Germany | — | 1,905,736 | — | 1,905,736 |
Hong Kong | — | 1,656,557 | — | 1,656,557 |
Japan | — | 4,799,637 | — | 4,799,637 |
Netherlands | — | 173,866 | — | 173,866 |
Singapore | 254,053 | 1,209,882 | — | 1,463,935 |
Spain | — | 357,309 | — | 357,309 |
Sweden | — | 1,011,039 | — | 1,011,039 |
United Kingdom | — | 2,959,411 | — | 2,959,411 |
All Other Common Stocks(a) | 37,914,618 | — | — | 37,914,618 |
Total Common Stocks | 38,168,671 | 17,611,787 | — | 55,780,458 |
Short-Term Investments | — | 685,978 | — | 685,978 |
Total Investments | $38,168,671 | $18,297,765 | $— | $56,466,436 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Expense Limit as a Percentage of Average Daily Net Assets | |||
Class A | Class C | Class N | Class Y |
1.15 % | 1.90 % | 0.85 % | 0.90 % |
Gross Management Fees | Contractual Waivers of Management Fees1 | Net Management Fees | Percentage of Average Daily Net Assets | |
Gross | Net | |||
$591,913 | $326,414 | $265,499 | 0.75 % | 0.34 % |
1 | Management fee waiver is subject to possible recovery until January 31, 2025. |
Service Fees | Distribution Fees | ||
Class A | Class C | Class C | |
$38,601 | $568 | $1,704 |
Administrative Fees |
$36,532 |
Class A | Class C | Class N | Class Y | |
Transfer Agent Fees and Expenses | $19,216 | $283 | $1,162 | $74,972 |
Number of 5% Account Holders | Percentage of Ownership |
3 | 45.95 % |
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class A | ||||
Issued from the sale of shares | 82,828 | $934,526 | 177,236 | $2,330,891 |
Issued in connection with the reinvestment of distributions | 32,564 | 352,029 | 33,068 | 423,966 |
Redeemed | (377,125 ) | (4,214,436 ) | (430,215 ) | (5,401,690 ) |
Net change | (261,733 ) | $(2,927,881 ) | (219,911 ) | $(2,646,833 ) |
Class C | ||||
Issued from the sale of shares | 1,021 | $11,764 | 1,298 | $16,366 |
Issued in connection with the reinvestment of distributions | 362 | 3,908 | 342 | 4,607 |
Redeemed | (8,301 ) | (91,827 ) | (5,670 ) | (75,614 ) |
Net change | (6,918 ) | $(76,155 ) | (4,030 ) | $(54,641 ) |
Class N | ||||
Issued from the sale of shares | 127,474 | $1,307,481 | 157,635 | $1,815,287 |
Issued in connection with the reinvestment of distributions | 9,986 | 97,430 | 8,005 | 91,727 |
Redeemed | (120,847 ) | (1,236,255 ) | (121,651 ) | (1,327,671 ) |
Net change | 16,613 | $168,656 | 43,989 | $579,343 |
Class Y | ||||
Issued from the sale of shares | 1,888,619 | $18,697,200 | 3,635,168 | $41,030,409 |
Issued in connection with the reinvestment of distributions | 182,236 | 1,763,215 | 206,042 | 2,363,468 |
Redeemed | (4,829,909 ) | (48,056,251 ) | (6,107,650 ) | (68,943,362 ) |
Net change | (2,759,054 ) | $(27,595,836 ) | (2,266,440 ) | $(25,549,485 ) |
Decrease from capital share transactions | (3,011,092 ) | $(30,431,216 ) | (2,446,392 ) | $(27,671,616 ) |
Boston, Massachusetts
March 22, 2024
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen2and Other Directorships Held During Past 5 Years | Experience, Qualifications, Attributes, Skills for Board Membership |
Independent Trustees | ||||
Edmond J. English (1953) | Trustee since 2013 Contract Review Committee Member | Executive Chairman of Bob’s Discount Furniture (retail) | 51 Director, Burlington Stores, Inc. (retail); Director, Rue La La (e-commerce retail) | Significant experience on the Board and on the boards of other business organizations (including retail companies and a bank); executive experience (including at a retail company) |
Richard A. Goglia (1951) | Trustee since 2015 Chairperson of the Audit Committee | Retired | 51 Formerly, Director of Triumph Group (aerospace industry) | Significant experience on the Board and executive experience (including his role as Vice President and treasurer of a defense company and experience at a financial services company) |
Martin T. Meehan (1956) | Trustee since 2012 Chairperson of the Governance Committee and Contract Review Committee Member | President, University of Massachusetts | 51 None | Significant experience on the Board and on the boards of other business organizations; experience as President of the University of Massachusetts; government experience (including as a member of the U.S. House of Representatives); academic experience |
Maureen B. Mitchell (1951) | Trustee since 2017 Chairperson of the Contract Review Committee | Retired | 51 Director, Sterling Bancorp (bank) | Significant experience on the Board; financial services industry and executive experience (including role as President of global sales and marketing at a financial services company) |
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen2and Other Directorships Held During Past 5 Years | Experience, Qualifications, Attributes, Skills for Board Membership |
Independent Trustees − continued | ||||
James P. Palermo (1955) | Trustee since 2016 Audit Committee Member and Governance Committee Member | Founding Partner, Breton Capital Management, LLC (private equity); formerly, Partner, STEP Partners, LLC (private equity) | 51 Director, Candidly (chemicals and biofuels) | Significant experience on the Board; financial services industry and executive experience (including roles as Chief Executive Officer of client management and asset servicing for a banking and financial services company) |
Erik R. Sirri (1958) | Chairperson of the Board of Trustees since 2021 Trustee since 2009 Ex Officio member of the Audit Committee, Contract Review Committee and Governance Committee | Retired; formerly, Professor of Finance at Babson College | 51 None | Significant experience on the Board; experience as Director of the Division of Trading and Markets at the Securities and Exchange Commission; academic experience; training as an economist |
Peter J. Smail (1952) | Trustee since 2009 Contract Review Committee Member | Retired | 51 None | Significant experience on the Board; mutual fund industry and executive experience (including roles as President and Chief Executive Officer for an investment adviser) |
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen2and Other Directorships Held During Past 5 Years | Experience, Qualifications, Attributes, Skills for Board Membership |
Independent Trustees − continued | ||||
Kirk A. Sykes (1958) | Trustee since 2019 Audit Committee Member and Governance Committee Member | Managing Director of Accordia Partners, LLC (real estate development); President of Primary Corporation (real estate development); Managing Principal of Merrick Capital Partners (infrastructure finance) | 51 Advisor/Risk Management Committee, Eastern Bank (bank); Director, Apartment Investment and Management Company (real estate investment trust); formerly, Director, Ares Commercial Real Estate Corporation (real estate investment trust) | Experience on the Board and experience on the boards of other business organizations (including real estate companies and banks) |
Cynthia L. Walker (1956) | Trustee since 2005 Audit Committee and Governance Committee Member | Retired; formerly, Deputy Dean for Finance and Administration, Yale University School of Medicine | 51 None | Significant experience on the Board; executive experience in a variety of academic organizations (including roles as dean for finance and administration) |
Interested Trustees | ||||
Kevin P. Charleston3 (1965) One Financial Center Boston, MA 02111 | Trustee since 2015 | President, Chief Executive Officer and Chairman of the Board of Directors, Loomis, Sayles & Company, L.P. | 51 None | Significant experience on the Board; continuing service as President, Chief Executive Officer and Chairman of the Board of Directors of Loomis, Sayles & Company, L.P. |
David L. Giunta4 (1965) | Trustee since 2011 President and Chief Executive Officer of Natixis Funds Trust IV since 2008 | President and Chief Executive Officer, Natixis Advisors, LLC and Natixis Distribution, LLC | 51 None | Significant experience on the Board; experience as President and Chief Executive Officer of Natixis Advisors, LLC and Natixis Distribution, LLC |
1 | Each Trustee serves until retirement, resignation, or removal from the Board. The current retirement age is 75. The position of Chairperson of the Board is appointed for a three-year term. |
2 | The Trustees of the Trust serve as Trustees of a fund complex that includes all series of the Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Gateway Trust, Loomis Sayles Funds I, Loomis Sayles Funds II, Natixis ETF Trust, and Natixis ETF Trust II (collectively, the “Fund Complex”). |
3 | Mr. Charleston is deemed an “interested person” of the Trust because he holds the following positions with an affiliated person of the Trust: President, Chief Executive Officer and Chairman of the Board of Directors of Loomis, Sayles & Company, L.P. |
4 | Mr. Giunta is deemed an “interested person” of the Trust because he holds the following positions with an affiliated person of the Trust: President and Chief Executive Officer, Natixis Advisors, LLC and Natixis Distribution, LLC. |
Name and Year of Birth | Position(s) Held with the Trust | Term of Office1 and Length of Time Served | Principal Occupation(s) During Past 5 Years2 |
Officers of the Trust | |||
Matthew J. Block (1981) | Treasurer, Principal Financial and Accounting Officer | Since 2022 | Senior Vice President, Natixis Advisors, LLC and Natixis Distribution, LLC; formerly, Vice President, Natixis Advisors, LLC and Natixis Distribution, LLC; Assistant Treasurer of the Fund Complex |
Susan McWhan Tobin (1963) | Secretary and Chief Legal Officer | Since 2022 | Executive Vice President, General Counsel and Secretary, Natixis Advisors, LLC and Natixis Distribution, LLC; formerly, Executive Vice President and Chief Compliance Officer of Natixis Investment Managers (March 2019 – May 2022) and Senior Vice President and Head of Compliance, U.S. for Natixis Investment Managers (July 2011 – March 2019) |
Natalie R. Wagner (1979) | Chief Compliance Officer, Assistant Secretary and Anti-Money Laundering Officer | Since 2021 | Senior Vice President, Natixis Advisors, LLC and Natixis Distribution, LLC; formerly, Vice President, Head of Corporate Compliance, Global Atlantic Financial Group |
1 | Each officer of the Trust serves for an indefinite term in accordance with the Trust's current by-laws until the date his or her successor is elected and qualified, or until he or she sooner dies, retires, is removed or becomes disqualified. |
2 | Each person listed above, except as noted, holds the same position(s) with the Fund Complex. Previous positions during the past five years with Natixis Distribution, LLC, Natixis Advisors, LLC or Loomis, Sayles & Company, L.P. are omitted, if not materially different from an officer’s current position with such entity. |
Visit: im.natixis.com Call: 800-225-5478
Natixis Advisors, LLC
888 Boylston Street, Suite 800
Boston, MA 02199-8197
Exp. 3/31/256422942.2.1RE58A-0124
Natixis Sustainable Future 2015 Fund® |
Natixis Sustainable Future 2020 Fund® |
Natixis Sustainable Future 2025 Fund® |
Natixis Sustainable Future 2030 Fund® |
Natixis Sustainable Future 2035 Fund® |
Natixis Sustainable Future 2040 Fund® |
Natixis Sustainable Future 2045 Fund® |
Natixis Sustainable Future 2050 Fund® |
Natixis Sustainable Future 2055 Fund® |
Natixis Sustainable Future 2060 Fund® |
Natixis Sustainable Future 2065 Fund® |
Managers |
Natixis Advisors, LLC* |
AIA U.S. Large Cap Core ESG Segment |
AIA U.S. Large Cap Value ESG Segment |
AIA U.S. Small/Mid Cap ESG Segment |
AIA International Developed Markets Equity ESG Segment |
Natixis Investment Managers Solutions, a division of Natixis Advisors, LLC |
Harris Associates Large Cap Value Segment |
Harris Associates L.P.** |
Loomis Sayles All Cap Growth Segment |
Loomis Sayles Core Fixed Income Segment |
Loomis Sayles Inflation Protected Securities Fund*** |
Loomis Sayles Limited Term Government and Agency Fund*** |
Loomis, Sayles & Company, L.P** |
Mirova Global Green Bond Fund*** |
Mirova International Sustainable Equity Fund*** |
Mirova US LLC** |
WCM Focused International Growth Fund |
WCM Focused Emerging Markets Fund |
WCM Investment Management |
Symbols | ||
2015 Fund | Class N | NSFBX |
2020 Fund | Class N | NSFDX |
2025 Fund | Class N | NSFEX |
2030 Fund | Class N | NSFFX |
2035 Fund | Class N | NSFGX |
2040 Fund | Class N | NSFHX |
2045 Fund | Class N | NSFJX |
2050 Fund | Class N | NSFKX |
2055 Fund | Class N | NSFLX |
2060 Fund | Class N | NSFMX |
2065 Fund | Class N | NSFOX |
* | Natixis Advisors, LLC is responsible for determining each Fund’s available underlying funds and separately managed segments, determining each Fund’s glide path and target allocations and supervising the activities of each Fund’s subadvisers. |
** | Affiliated Subadviser |
*** | Affiliated mutual fund |
Investment Goal
Fund Name | Fund Performance as of 1/31/2024 | Benchmark | Benchmark Performance as of 1/31/2024 |
Natixis Sustainable Future 2015 Fund | 6.93% | S&P Target Date 2015® Index1 | 7.07% |
Natixis Sustainable Future 2020 Fund | 7.88 | S&P Target Date 2020® Index1 | 7.53 |
Natixis Sustainable Future 2025 Fund | 8.24 | S&P Target Date 2025® Index1 | 7.89 |
Natixis Sustainable Future 2030 Fund | 8.92 | S&P Target Date 2030® Index1 | 9.01 |
Natixis Sustainable Future 2035 Fund | 9.83 | S&P Target Date 2035® Index1 | 10.09 |
Natixis Sustainable Future 2040 Fund | 10.82 | S&P Target Date 2040® Index1 | 11.08 |
Natixis Sustainable Future 2045 Fund | 11.19 | S&P Target Date 2045® Index1 | 11.70 |
Natixis Sustainable Future 2050 Fund | 11.49 | S&P Target Date 2050® Index1 | 11.99 |
Natixis Sustainable Future 2055 Fund | 11.68 | S&P Target Date 2055® Index1 | 11.99 |
Natixis Sustainable Future 2060 Fund | 11.78 | S&P Target Date 2060® Index1 | 12.08 |
Natixis Sustainable Future 2065 Fund | 11.76 | S&P Target Date 2065+® Index1 | 12.25 |
1 | The S&P Target Date® Index Series consists of multi-asset class indices, each corresponding to a specific target retirement date. The asset allocation for each index is determined through an annual survey of target date fund groups with a minimum asset threshold of $100 million. The various asset class exposures of the Indices may include equities, fixed income, REITs, and commodities depending on the allocations reported in the survey. Index returns are calculated daily. You may not invest directly in an index. |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 36.89 % |
AIA International Developed Markets Equity ESG Segment | 3.30 |
AIA U.S. Large Cap Core ESG Segment | 4.93 |
AIA U.S. Large Cap Value ESG Segment | 3.16 |
AIA U.S. Small/Mid Cap ESG Segment | 5.04 |
Harris Associates Large Cap Value Segment | 6.16 |
Loomis Sayles All Cap Growth Segment | 6.12 |
Mirova International Sustainable Equity Fund | 3.34 |
WCM Focused Emerging Markets Fund | 1.47 |
WCM Focused International Growth Fund | 3.37 |
Fixed Income | 61.12 |
Loomis Sayles Core Fixed Income Segment | 21.37 |
Loomis Sayles Inflation Protected Securities Fund | 16.70 |
Loomis Sayles Limited Term Government and Agency Fund | 12.02 |
Mirova Global Green Bond Fund | 11.03 |
Cash | 1.99 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 6.93 % | 5.71 % | 5.80 % | 3.68 % | 0.50 % |
Comparative Performance | |||||
S&P Target Date 2015® Index2 | 7.07 | 5.25 | 5.02 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 45.01 % |
AIA International Developed Markets Equity ESG Segment | 4.08 |
AIA U.S. Large Cap Core ESG Segment | 6.04 |
AIA U.S. Large Cap Value ESG Segment | 3.92 |
AIA U.S. Small/Mid Cap ESG Segment | 6.17 |
Harris Associates Large Cap Value Segment | 7.54 |
Loomis Sayles All Cap Growth Segment | 7.46 |
Mirova International Sustainable Equity Fund | 4.16 |
WCM Focused Emerging Markets Fund | 1.49 |
WCM Focused International Growth Fund | 4.15 |
Fixed Income | 52.99 |
Loomis Sayles Core Fixed Income Segment | 20.05 |
Loomis Sayles Inflation Protected Securities Fund | 12.44 |
Loomis Sayles Limited Term Government and Agency Fund | 10.33 |
Mirova Global Green Bond Fund | 10.17 |
Cash | 2.00 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 7.88 %4 | 6.54 % | 6.61 % | 4.48 % | 0.50 % |
Comparative Performance | |||||
S&P Target Date 2020® Index2 | 7.53 | 5.54 | 5.35 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 52.53 % |
AIA International Developed Markets Equity ESG Segment | 4.91 |
AIA U.S. Large Cap Core ESG Segment | 6.85 |
AIA U.S. Large Cap Value ESG Segment | 4.43 |
AIA U.S. Small/Mid Cap ESG Segment | 7.01 |
Harris Associates Large Cap Value Segment | 8.44 |
Loomis Sayles All Cap Growth Segment | 8.44 |
Mirova International Sustainable Equity Fund | 5.01 |
WCM Focused Emerging Markets Fund | 2.43 |
WCM Focused International Growth Fund | 5.01 |
Fixed Income | 45.47 |
Loomis Sayles Core Fixed Income Segment | 19.41 |
Loomis Sayles Inflation Protected Securities Fund | 7.46 |
Loomis Sayles Limited Term Government and Agency Fund | 8.93 |
Mirova Global Green Bond Fund | 9.67 |
Cash | 2.00 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 8.24 %4 | 6.77 % | 6.91 % | 2.65 % | 0.51 % |
Comparative Performance | |||||
S&P Target Date 2025® Index2 | 7.89 | 6.33 | 6.07 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 61.21 % |
AIA International Developed Markets Equity ESG Segment | 5.64 |
AIA U.S. Large Cap Core ESG Segment | 7.94 |
AIA U.S. Large Cap Value ESG Segment | 5.13 |
AIA U.S. Small/Mid Cap ESG Segment | 8.10 |
Harris Associates Large Cap Value Segment | 9.92 |
Loomis Sayles All Cap Growth Segment | 9.79 |
Mirova International Sustainable Equity Fund | 5.64 |
WCM Focused Emerging Markets Fund | 3.39 |
WCM Focused International Growth Fund | 5.66 |
Fixed Income | 36.79 |
Loomis Sayles Core Fixed Income Segment | 17.31 |
Loomis Sayles Inflation Protected Securities Fund | 5.18 |
Loomis Sayles Limited Term Government and Agency Fund | 6.15 |
Mirova Global Green Bond Fund | 8.15 |
Cash | 2.00 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 8.92 %4 | 7.68 % | 7.82 % | 1.66 % | 0.52 % |
Comparative Performance | |||||
S&P Target Date 2030® Index2 | 9.01 | 7.17 | 6.79 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 70.18 % |
AIA International Developed Markets Equity ESG Segment | 6.47 |
AIA U.S. Large Cap Core ESG Segment | 9.18 |
AIA U.S. Large Cap Value ESG Segment | 5.94 |
AIA U.S. Small/Mid Cap ESG Segment | 9.36 |
Harris Associates Large Cap Value Segment | 11.48 |
Loomis Sayles All Cap Growth Segment | 11.32 |
Mirova International Sustainable Equity Fund | 6.47 |
WCM Focused Emerging Markets Fund | 3.46 |
WCM Focused International Growth Fund | 6.50 |
Fixed Income | 27.82 |
Loomis Sayles Core Fixed Income Segment | 12.83 |
Loomis Sayles Inflation Protected Securities Fund | 4.58 |
Loomis Sayles Limited Term Government and Agency Fund | 4.70 |
Mirova Global Green Bond Fund | 5.71 |
Cash | 2.00 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 9.83 % | 8.53 % | 8.59 % | 1.63 % | 0.53 % |
Comparative Performance | |||||
S&P Target Date 2035® Index2 | 10.09 | 8.06 | 7.55 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 78.82 % |
AIA International Developed Markets Equity ESG Segment | 6.99 |
AIA U.S. Large Cap Core ESG Segment | 10.46 |
AIA U.S. Large Cap Value ESG Segment | 6.76 |
AIA U.S. Small/Mid Cap ESG Segment | 10.68 |
Harris Associates Large Cap Value Segment | 13.06 |
Loomis Sayles All Cap Growth Segment | 12.86 |
Mirova International Sustainable Equity Fund | 7.06 |
WCM Focused Emerging Markets Fund | 3.93 |
WCM Focused International Growth Fund | 7.02 |
Fixed Income | 19.18 |
Loomis Sayles Core Fixed Income Segment | 8.62 |
Loomis Sayles Inflation Protected Securities Fund | 3.58 |
Loomis Sayles Limited Term Government and Agency Fund | 2.85 |
Mirova Global Green Bond Fund | 4.13 |
Cash | 2.00 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 10.82 % | 9.09 % | 9.14 % | 1.88 % | 0.54 % |
Comparative Performance | |||||
S&P Target Date 2040® Index2 | 11.08 | 8.74 | 8.12 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 85.49 % |
AIA International Developed Markets Equity ESG Segment | 7.96 |
AIA U.S. Large Cap Core ESG Segment | 11.02 |
AIA U.S. Large Cap Value ESG Segment | 7.11 |
AIA U.S. Small/Mid Cap ESG Segment | 11.21 |
Harris Associates Large Cap Value Segment | 13.72 |
Loomis Sayles All Cap Growth Segment | 13.53 |
Mirova International Sustainable Equity Fund | 8.04 |
WCM Focused Emerging Markets Fund | 4.89 |
WCM Focused International Growth Fund | 8.01 |
Fixed Income | 12.51 |
Loomis Sayles Core Fixed Income Segment | 4.65 |
Loomis Sayles Inflation Protected Securities Fund | 2.58 |
Loomis Sayles Limited Term Government and Agency Fund | 1.73 |
Mirova Global Green Bond Fund | 3.55 |
Cash | 2.00 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 11.19 % | 9.60 % | 9.60 % | 1.88 % | 0.54 % |
Comparative Performance | |||||
S&P Target Date 2045® Index2 | 11.70 | 9.16 | 8.46 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 90.66 % |
AIA International Developed Markets Equity ESG Segment | 8.59 |
AIA U.S. Large Cap Core ESG Segment | 11.62 |
AIA U.S. Large Cap Value ESG Segment | 7.51 |
AIA U.S. Small/Mid Cap ESG Segment | 11.86 |
Harris Associates Large Cap Value Segment | 14.51 |
Loomis Sayles All Cap Growth Segment | 14.31 |
Mirova International Sustainable Equity Fund | 8.65 |
WCM Focused Emerging Markets Fund | 5.01 |
WCM Focused International Growth Fund | 8.60 |
Fixed Income | 7.31 |
Loomis Sayles Core Fixed Income Segment | 5.65 |
Mirova Global Green Bond Fund | 1.66 |
Cash | 2.03 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 11.49 % | 9.68 % | 9.70 % | 2.05 % | 0.55 % |
Comparative Performance | |||||
S&P Target Date 2050® Index2 | 11.99 | 9.36 | 8.64 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 92.33 % |
AIA International Developed Markets Equity ESG Segment | 9.00 |
AIA U.S. Large Cap Core ESG Segment | 11.64 |
AIA U.S. Large Cap Value ESG Segment | 7.53 |
AIA U.S. Small/Mid Cap ESG Segment | 11.85 |
Harris Associates Large Cap Value Segment | 14.51 |
Loomis Sayles All Cap Growth Segment | 14.31 |
Mirova International Sustainable Equity Fund | 9.02 |
WCM Focused Emerging Markets Fund | 5.40 |
WCM Focused International Growth Fund | 9.07 |
Fixed Income | 5.66 |
Loomis Sayles Core Fixed Income Segment | 4.16 |
Mirova Global Green Bond Fund | 1.50 |
Cash | 2.01 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 11.68 % | 9.66 % | 9.68 % | 2.37 % | 0.55 % |
Comparative Performance | |||||
S&P Target Date 2055® Index2 | 11.99 | 9.42 | 8.71 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
February 28, 2017 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 92.41 % |
AIA International Developed Markets Equity ESG Segment | 9.04 |
AIA U.S. Large Cap Core ESG Segment | 11.64 |
AIA U.S. Large Cap Value ESG Segment | 7.52 |
AIA U.S. Small/Mid Cap ESG Segment | 11.87 |
Harris Associates Large Cap Value Segment | 14.34 |
Loomis Sayles All Cap Growth Segment | 14.28 |
Mirova International Sustainable Equity Fund | 9.12 |
WCM Focused Emerging Markets Fund | 5.49 |
WCM Focused International Growth Fund | 9.11 |
Fixed Income | 5.58 |
Loomis Sayles Core Fixed Income Segment | 4.05 |
Mirova Global Green Bond Fund | 1.53 |
Cash | 2.01 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | |||||
1 Year | 5 Years | Life of Fund | Expense Ratios3 | ||
Gross | Net | ||||
Class N (Inception 2/28/17) | |||||
NAV | 11.78 % | 9.96 % | 9.94 % | 3.22 % | 0.55 % |
Comparative Performance | |||||
S&P Target Date 2060® Index2 | 12.08 | 9.46 | 8.81 |
Hypothetical Growth of $1,000,000 Investment in Class N Shares1 |
December 15, 2021 (inception) through January 31, 2024 |
Asset Allocation as of January 31, 2024* | |
% of Net Assets | |
Equity | 92.62 % |
AIA International Developed Markets Equity ESG Segment | 8.87 |
AIA U.S. Large Cap Core ESG Segment | 11.67 |
AIA U.S. Large Cap Value ESG Segment | 7.37 |
AIA U.S. Small/Mid Cap ESG Segment | 11.72 |
Harris Associates Large Cap Value Segment | 14.50 |
Loomis Sayles All Cap Growth Segment | 15.20 |
Mirova International Sustainable Equity Fund | 8.93 |
WCM Focused Emerging Markets Fund | 5.36 |
WCM Focused International Growth Fund | 9.00 |
Fixed Income | 5.37 |
Loomis Sayles Core Fixed Income Segment | 3.88 |
Mirova Global Green Bond Fund | 1.49 |
Cash | 2.01 |
* | Differences between these amounts and those reported elsewhere in the financial statements are attributable to the inclusion of other assets and liabilities. |
Average Annual Total Returns —January 31, 20241 | ||||
1 Year | Life of Fund | Expense Ratios3 | ||
Gross | Net | |||
Class N (Inception 12/15/21) | ||||
NAV | 11.76 % | 0.72 % | 5.85 % | 0.55 % |
Comparative Performance | ||||
S&P Target Date 2065+® Index2 | 12.25 | 1.35 |
1 | Fund performance has been increased by fee waivers and/or expense reimbursements, if any, without which performance would have been lower. |
2 | The S&P Target Date® Index Series consists of multi-asset class indices, each corresponding to a specific target retirement date. The asset allocation for each index is determined through an annual survey of target date fund groups with a minimum asset threshold of $100 million. The various asset class exposures of the Indices may include equities, fixed income, REITs, and commodities depending on the allocations reported in the survey. Index returns are calculated daily. You may not invest directly in an index. |
3 | Expense ratios are as shown in the Fund’s prospectus in effect as of the date of this report. The expense ratios for the current reporting period can be found in the Financial Highlights section of this report under Ratios to Average Net Assets. Net expenses reflect contractual expense limitations set to expire on 5/31/24. When a Fund’s expenses are below the limitation, gross and net expense ratios will be the same. See Note 5 of the Notes to Financial Statements for more information about the Fund’s expense limitations. |
4 | Generally accepted accounting principles require adjustments to be made to the net assets of the Fund for financial reporting purposes only, and as such, the total returns reflected above are different from the total returns reported in the financial highlights. The returns presented in the table above are what an investor would have actually experienced. |
Natixis Sustainable Future 2015 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,036.90 | $1.13 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,024.10 | $1.12 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.22%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2020 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,036.30 | $1.18 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,024.05 | $1.17 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.23%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2025 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,036.40 | $1.18 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,024.05 | $1.17 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.23%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2030 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,037.00 | $1.23 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,024.00 | $1.22 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.24%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2035 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,036.70 | $1.33 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.90 | $1.33 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.26%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2040 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,037.60 | $1.39 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.84 | $1.38 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.27%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2045 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,036.20 | $1.33 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.90 | $1.33 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.26%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2050 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,035.70 | $1.39 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.84 | $1.38 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.27%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2055 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,037.10 | $1.39 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.84 | $1.38 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.27%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2060 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,037.50 | $1.39 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.84 | $1.38 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.27%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Natixis Sustainable Future 2065 Fund | Beginning Account Value 8/1/2023 | Ending Account Value 1/31/2024 | Expenses Paid During Period* 8/1/2023 – 1/31/2024 |
Class N | |||
Actual | $1,000.00 | $1,037.30 | $1.44 |
Hypothetical (5% return before expenses) | $1,000.00 | $1,023.79 | $1.43 |
* | Expenses are equal to the Fund's annualized expense ratio (after waiver/reimbursement) of 0.28%, multiplied by the average account value over the period, multiplied by the number of days in the most recent fiscal half–year (184), divided by 365 (to reflect the half–year period). Expense ratios do not include the expenses of the underlying funds in which the Fund invests. The annualized expense ratios, as stated in the fee table of the Prospectus, may differ from the expense ratios disclosed in this report. |
Shares | Description | Value (†) |
Common Stocks — 25.5% of Net Assets | ||
Aerospace & Defense — 0.5% | ||
33 | AAR Corp.(a) | $2,007 |
84 | Boeing Co.(a) | 17,727 |
7 | L3Harris Technologies, Inc. | 1,459 |
6 | Lockheed Martin Corp. | 2,576 |
14 | Moog, Inc., Class A | 1,957 |
2 | Northrop Grumman Corp. | 894 |
23 | RTX Corp. | 2,096 |
28,716 | ||
Air Freight & Logistics — 0.2% | ||
45 | Expeditors International of Washington, Inc. | 5,685 |
4 | FedEx Corp. | 965 |
27 | GXO Logistics, Inc.(a) | 1,468 |
14 | United Parcel Service, Inc., Class B | 1,987 |
10,105 | ||
Automobile Components — 0.3% | ||
6 | Aptiv PLC(a) | 488 |
138 | BorgWarner, Inc. | 4,678 |
97 | Dana, Inc. | 1,315 |
87 | Magna International, Inc. | 4,946 |
104 | Mobileye Global, Inc., Class A(a) | 2,689 |
23 | Phinia, Inc. | 696 |
13 | Visteon Corp.(a) | 1,499 |
16,311 | ||
Automobiles — 0.5% | ||
282 | General Motors Co. | 10,942 |
79 | Tesla, Inc.(a) | 14,796 |
14 | Thor Industries, Inc. | 1,582 |
27,320 | ||
Banks — 1.3% | ||
55 | Ameris Bancorp | 2,730 |
222 | Banc of California, Inc. | 3,059 |
315 | Bank of America Corp. | 10,713 |
154 | Citigroup, Inc. | 8,650 |
23 | Citizens Financial Group, Inc. | 752 |
32 | East West Bancorp, Inc. | 2,330 |
3 | First Citizens BancShares, Inc., Class A | 4,530 |
103 | First Financial Bancorp | 2,309 |
257 | FNB Corp. | 3,387 |
169 | Fulton Financial Corp. | 2,635 |
56 | International Bancshares Corp. | 2,960 |
51 | JPMorgan Chase & Co. | 8,892 |
17 | PNC Financial Services Group, Inc. | 2,571 |
26 | Regions Financial Corp. | 486 |
174 | Truist Financial Corp. | 6,449 |
54 | Webster Financial Corp. | 2,672 |
188 | Wells Fargo & Co. | 9,434 |
74,559 | ||
Beverages — 0.4% | ||
9 | Boston Beer Co., Inc., Class A(a) | 3,143 |
36 | Coca-Cola Co. | 2,142 |
30 | Keurig Dr Pepper, Inc. | 943 |
230 | Monster Beverage Corp.(a) | 12,655 |
23 | PepsiCo, Inc. | 3,876 |
22,759 | ||
Biotechnology — 0.6% | ||
23 | AbbVie, Inc. | 3,781 |
40 | Alnylam Pharmaceuticals, Inc.(a) | 6,916 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
6 | Amgen, Inc. | $1,886 |
3 | Biogen, Inc.(a) | 740 |
46 | CRISPR Therapeutics AG(a) | 2,896 |
24 | Cytokinetics, Inc.(a) | 1,875 |
31 | Gilead Sciences, Inc. | 2,426 |
28 | Halozyme Therapeutics, Inc.(a) | 948 |
12 | Incyte Corp.(a) | 705 |
16 | Neurocrine Biosciences, Inc.(a) | 2,236 |
10 | Regeneron Pharmaceuticals, Inc.(a) | 9,428 |
4 | United Therapeutics Corp.(a) | 859 |
2 | Vertex Pharmaceuticals, Inc.(a) | 867 |
35,563 | ||
Broadline Retail — 0.8% | ||
37 | Alibaba Group Holding Ltd., ADR | 2,671 |
231 | Amazon.com, Inc.(a) | 35,851 |
102 | eBay, Inc. | 4,189 |
42,711 | ||
Building Products — 0.4% | ||
7 | Carlisle Cos., Inc. | 2,200 |
15 | Carrier Global Corp. | 821 |
68 | Fortune Brands Innovations, Inc. | 5,276 |
6 | Lennox International, Inc. | 2,569 |
94 | Masco Corp. | 6,325 |
21 | Owens Corning | 3,182 |
18 | Trex Co., Inc.(a) | 1,467 |
21,840 | ||
Capital Markets — 1.6% | ||
148 | Bank of New York Mellon Corp. | 8,208 |
7 | BlackRock, Inc. | 5,420 |
11 | Cboe Global Markets, Inc. | 2,022 |
131 | Charles Schwab Corp. | 8,243 |
13 | CME Group, Inc. | 2,676 |
11 | FactSet Research Systems, Inc. | 5,235 |
18 | Goldman Sachs Group, Inc. | 6,912 |
93 | Intercontinental Exchange, Inc. | 11,842 |
40 | Janus Henderson Group PLC | 1,150 |
104 | KKR & Co., Inc. | 9,004 |
8 | Moody's Corp. | 3,136 |
16 | Morgan Stanley | 1,396 |
9 | MSCI, Inc. | 5,388 |
5 | Northern Trust Corp. | 398 |
7 | S&P Global, Inc. | 3,139 |
70 | SEI Investments Co. | 4,427 |
94 | State Street Corp. | 6,944 |
5 | T. Rowe Price Group, Inc. | 542 |
9 | Virtus Investment Partners, Inc. | 2,125 |
88,207 | ||
Chemicals — 0.4% | ||
3 | Air Products & Chemicals, Inc. | 767 |
27 | Celanese Corp. | 3,950 |
120 | Corteva, Inc. | 5,458 |
9 | DuPont de Nemours, Inc. | 556 |
10 | Ecolab, Inc. | 1,982 |
25 | HB Fuller Co. | 1,894 |
18 | Innospec, Inc. | 2,090 |
10 | Linde PLC | 4,048 |
22 | Minerals Technologies, Inc. | 1,438 |
Shares | Description | Value (†) |
Chemicals — continued | ||
3 | Sherwin-Williams Co. | $913 |
11 | Stepan Co. | 982 |
24,078 | ||
Commercial Services & Supplies — 0.0% | ||
12 | MSA Safety, Inc. | 1,980 |
4 | Waste Management, Inc. | 743 |
2,723 | ||
Communications Equipment — 0.1% | ||
32 | Ciena Corp.(a) | 1,696 |
65 | Cisco Systems, Inc. | 3,262 |
11 | F5, Inc.(a) | 2,021 |
3 | Motorola Solutions, Inc. | 958 |
7,937 | ||
Construction & Engineering — 0.1% | ||
42 | AECOM | 3,704 |
Construction Materials — 0.1% | ||
4 | Martin Marietta Materials, Inc. | 2,034 |
8 | Vulcan Materials Co. | 1,808 |
3,842 | ||
Consumer Finance — 0.6% | ||
299 | Ally Financial, Inc. | 10,967 |
55 | American Express Co. | 11,041 |
83 | Capital One Financial Corp. | 11,231 |
18 | Synchrony Financial | 700 |
33,939 | ||
Consumer Staples Distribution & Retail — 0.5% | ||
25 | BJ's Wholesale Club Holdings, Inc.(a) | 1,609 |
5 | Casey's General Stores, Inc. | 1,357 |
6 | Costco Wholesale Corp. | 4,169 |
271 | Kroger Co. | 12,504 |
42 | Sprouts Farmers Market, Inc.(a) | 2,116 |
6 | Target Corp. | 834 |
28 | Walmart, Inc. | 4,627 |
27,216 | ||
Containers & Packaging — 0.1% | ||
6 | Ball Corp. | 333 |
25 | Crown Holdings, Inc. | 2,212 |
41 | Sonoco Products Co. | 2,333 |
4,878 | ||
Distributors — 0.0% | ||
6 | Genuine Parts Co. | 841 |
Diversified Consumer Services — 0.1% | ||
15 | Grand Canyon Education, Inc.(a) | 1,959 |
31 | Service Corp. International | 2,081 |
4,040 | ||
Diversified REITs — 0.0% | ||
73 | American Assets Trust, Inc. | 1,637 |
Diversified Telecommunication Services — 0.1% | ||
155 | AT&T, Inc. | 2,742 |
24 | Iridium Communications, Inc. | 870 |
107 | Verizon Communications, Inc. | 4,532 |
8,144 | ||
Electric Utilities — 0.2% | ||
32 | American Electric Power Co., Inc. | 2,500 |
33 | Evergy, Inc. | 1,675 |
26 | Eversource Energy | 1,410 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
21 | Exelon Corp. | $731 |
26 | FirstEnergy Corp. | 954 |
17 | IDACORP, Inc. | 1,574 |
8,844 | ||
Electrical Equipment — 0.2% | ||
14 | Eaton Corp. PLC | 3,445 |
21 | Emerson Electric Co. | 1,926 |
36 | nVent Electric PLC | 2,162 |
14 | Regal Rexnord Corp. | 1,868 |
9,401 | ||
Electronic Equipment, Instruments & Components — 0.3% | ||
19 | Advanced Energy Industries, Inc. | 1,980 |
18 | Amphenol Corp., Class A | 1,820 |
40 | Avnet, Inc. | 1,812 |
30 | Cognex Corp. | 1,084 |
9 | Corning, Inc. | 292 |
103 | Knowles Corp.(a) | 1,680 |
6 | Littelfuse, Inc. | 1,451 |
32 | TE Connectivity Ltd. | 4,550 |
2 | Teledyne Technologies, Inc.(a) | 837 |
2 | Zebra Technologies Corp., Class A(a) | 479 |
15,985 | ||
Energy Equipment & Services — 0.1% | ||
55 | ChampionX Corp. | 1,507 |
112 | NOV, Inc. | 2,185 |
24 | Schlumberger NV | 1,169 |
4,861 | ||
Entertainment — 0.7% | ||
10 | Electronic Arts, Inc. | 1,376 |
32 | Netflix, Inc.(a) | 18,051 |
5 | Take-Two Interactive Software, Inc.(a) | 825 |
162 | Walt Disney Co. | 15,560 |
502 | Warner Bros Discovery, Inc.(a) | 5,030 |
40,842 | ||
Financial Services — 1.0% | ||
55 | Block, Inc.(a) | 3,575 |
63 | Fiserv, Inc.(a) | 8,938 |
38 | Global Payments, Inc. | 5,063 |
4 | Jack Henry & Associates, Inc. | 663 |
8 | Mastercard, Inc., Class A | 3,594 |
163 | MGIC Investment Corp. | 3,234 |
71 | PayPal Holdings, Inc.(a) | 4,356 |
76 | Visa, Inc., Class A | 20,768 |
40 | Voya Financial, Inc. | 2,895 |
9 | WEX, Inc.(a) | 1,839 |
54,925 | ||
Food Products — 0.3% | ||
21 | Campbell Soup Co. | 937 |
34 | Conagra Brands, Inc. | 991 |
25 | Darling Ingredients, Inc.(a) | 1,082 |
35 | General Mills, Inc. | 2,272 |
6 | Hershey Co. | 1,161 |
34 | Hormel Foods Corp. | 1,033 |
18 | Ingredion, Inc. | 1,936 |
7 | J M Smucker Co. | 921 |
24 | Kellanova | 1,314 |
70 | Kraft Heinz Co. | 2,599 |
Shares | Description | Value (†) |
Food Products — continued | ||
16 | McCormick & Co., Inc. | $1,091 |
40 | Mondelez International, Inc., Class A | 3,011 |
18,348 | ||
Gas Utilities — 0.1% | ||
12 | Atmos Energy Corp. | 1,367 |
49 | New Jersey Resources Corp. | 2,001 |
20 | ONE Gas, Inc. | 1,227 |
4,595 | ||
Ground Transportation — 0.2% | ||
59 | CSX Corp. | 2,106 |
4 | JB Hunt Transport Services, Inc. | 804 |
9 | Norfolk Southern Corp. | 2,117 |
12 | Ryder System, Inc. | 1,363 |
5 | Saia, Inc.(a) | 2,253 |
12 | Uber Technologies, Inc.(a) | 783 |
5 | Union Pacific Corp. | 1,220 |
19 | XPO, Inc.(a) | 1,623 |
12,269 | ||
Health Care Equipment & Supplies — 0.5% | ||
29 | Abbott Laboratories | 3,281 |
2 | Align Technology, Inc.(a) | 535 |
97 | Baxter International, Inc. | 3,753 |
7 | Becton Dickinson & Co. | 1,672 |
11 | Edwards Lifesciences Corp.(a) | 863 |
5 | GE HealthCare Technologies, Inc. | 367 |
18 | Globus Medical, Inc., Class A(a) | 950 |
14 | Haemonetics Corp.(a) | 1,070 |
15 | Intuitive Surgical, Inc.(a) | 5,673 |
21 | LeMaitre Vascular, Inc. | 1,219 |
29 | Medtronic PLC | 2,539 |
35 | Merit Medical Systems, Inc.(a) | 2,740 |
6 | Penumbra, Inc.(a) | 1,513 |
6 | Shockwave Medical, Inc.(a) | 1,358 |
4 | Stryker Corp. | 1,342 |
28,875 | ||
Health Care Providers & Services — 0.7% | ||
26 | Acadia Healthcare Co., Inc.(a) | 2,136 |
10 | Cardinal Health, Inc. | 1,092 |
104 | Centene Corp.(a) | 7,832 |
4 | Chemed Corp. | 2,371 |
9 | Cigna Group | 2,709 |
74 | CVS Health Corp. | 5,503 |
5 | Elevance Health, Inc. | 2,467 |
19 | HCA Healthcare, Inc. | 5,793 |
13 | Henry Schein, Inc.(a) | 973 |
1 | Humana, Inc. | 378 |
4 | Laboratory Corp. of America Holdings | 889 |
1 | McKesson Corp. | 500 |
48 | Select Medical Holdings Corp. | 1,248 |
11 | UnitedHealth Group, Inc. | 5,629 |
39,520 | ||
Health Care REITs — 0.0% | ||
116 | Physicians Realty Trust | 1,420 |
Health Care Technology — 0.2% | ||
171 | Doximity, Inc., Class A(a) | 4,609 |
30 | Veeva Systems, Inc., Class A(a) | 6,222 |
10,831 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
27 | Host Hotels & Resorts, Inc. | $519 |
Hotels, Restaurants & Leisure — 0.5% | ||
49 | Aramark | 1,425 |
16 | Hilton Worldwide Holdings, Inc. | 3,055 |
19 | Marriott Vacations Worldwide Corp. | 1,594 |
12 | McDonald's Corp. | 3,512 |
81 | Starbucks Corp. | 7,535 |
40 | Travel & Leisure Co. | 1,617 |
6 | Wingstop, Inc. | 1,687 |
76 | Yum China Holdings, Inc. | 2,629 |
32 | Yum! Brands, Inc. | 4,144 |
27,198 | ||
Household Durables — 0.2% | ||
41 | KB Home | 2,443 |
16 | Meritage Homes Corp. | 2,650 |
15 | PulteGroup, Inc. | 1,568 |
53 | Taylor Morrison Home Corp.(a) | 2,764 |
9,425 | ||
Household Products — 0.2% | ||
21 | Church & Dwight Co., Inc. | 2,097 |
9 | Colgate-Palmolive Co. | 758 |
63 | Energizer Holdings, Inc. | 1,992 |
45 | Procter & Gamble Co. | 7,071 |
11,918 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
68 | AES Corp. | 1,134 |
Industrial Conglomerates — 0.2% | ||
7 | 3M Co. | 661 |
34 | General Electric Co. | 4,502 |
20 | Honeywell International, Inc. | 4,045 |
9,208 | ||
Industrial REITs — 0.1% | ||
13 | Prologis, Inc. | 1,647 |
56 | Rexford Industrial Realty, Inc. | 2,945 |
4,592 | ||
Insurance — 0.9% | ||
5 | Allstate Corp. | 776 |
126 | American International Group, Inc. | 8,758 |
15 | Arch Capital Group Ltd.(a) | 1,236 |
11 | Arthur J Gallagher & Co. | 2,554 |
6 | Assurant, Inc. | 1,008 |
45 | Assured Guaranty Ltd. | 3,651 |
9 | Chubb Ltd. | 2,205 |
30 | First American Financial Corp. | 1,811 |
18 | Hanover Insurance Group, Inc. | 2,376 |
18 | Hartford Financial Services Group, Inc. | 1,565 |
7 | Marsh & McLennan Cos., Inc. | 1,357 |
13 | Prudential Financial, Inc. | 1,364 |
35 | Reinsurance Group of America, Inc. | 6,086 |
25 | Selective Insurance Group, Inc. | 2,622 |
14 | Travelers Cos., Inc. | 2,959 |
34 | Willis Towers Watson PLC | 8,374 |
48,702 | ||
Interactive Media & Services — 1.3% | ||
123 | Alphabet, Inc., Class A(a) | 17,232 |
166 | Alphabet, Inc., Class C(a) | 23,539 |
83 | Meta Platforms, Inc., Class A(a) | 32,382 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
48 | Yelp, Inc.(a) | $2,099 |
50 | ZoomInfo Technologies, Inc.(a) | 802 |
76,054 | ||
IT Services — 0.3% | ||
8 | Accenture PLC, Class A | 2,911 |
27 | Cognizant Technology Solutions Corp., Class A | 2,082 |
27 | GoDaddy, Inc., Class A(a) | 2,880 |
20 | International Business Machines Corp. | 3,673 |
74 | Shopify, Inc., Class A(a) | 5,925 |
17,471 | ||
Leisure Products — 0.0% | ||
90 | Mattel, Inc.(a) | 1,610 |
21 | YETI Holdings, Inc.(a) | 923 |
2,533 | ||
Life Sciences Tools & Services — 0.4% | ||
5 | Agilent Technologies, Inc. | 651 |
20 | Danaher Corp. | 4,798 |
33 | Illumina, Inc.(a) | 4,719 |
38 | IQVIA Holdings, Inc.(a) | 7,913 |
10 | Repligen Corp.(a) | 1,894 |
6 | Thermo Fisher Scientific, Inc. | 3,234 |
23,209 | ||
Machinery — 0.5% | ||
12 | AGCO Corp. | 1,468 |
5 | Caterpillar, Inc. | 1,501 |
8 | Chart Industries, Inc.(a) | 934 |
1 | Cummins, Inc. | 239 |
5 | Deere & Co. | 1,968 |
10 | Dover Corp. | 1,498 |
16 | Fortive Corp. | 1,251 |
41 | Graco, Inc. | 3,497 |
3 | Illinois Tool Works, Inc. | 783 |
29 | ITT, Inc. | 3,502 |
17 | Oshkosh Corp. | 1,872 |
4 | Parker-Hannifin Corp. | 1,858 |
20 | SPX Technologies, Inc.(a) | 2,013 |
30 | Terex Corp. | 1,843 |
25 | Toro Co. | 2,312 |
26,539 | ||
Media — 0.4% | ||
17 | Charter Communications, Inc., Class A(a) | 6,302 |
194 | Comcast Corp., Class A | 9,029 |
60 | Interpublic Group of Cos., Inc. | 1,980 |
38 | Liberty Broadband Corp., Class C(a) | 2,981 |
27 | Omnicom Group, Inc. | 2,440 |
22,732 | ||
Metals & Mining — 0.2% | ||
57 | Alcoa Corp. | 1,696 |
92 | Cleveland-Cliffs, Inc.(a) | 1,844 |
28 | Commercial Metals Co. | 1,462 |
11 | Newmont Corp. | 380 |
8 | Reliance Steel & Aluminum Co. | 2,283 |
36 | U.S. Steel Corp. | 1,693 |
9,358 | ||
Mortgage Real Estate Investment Trusts (REITs) — 0.1% | ||
202 | Annaly Capital Management, Inc. | 3,877 |
80 | KKR Real Estate Finance Trust, Inc. | 979 |
4,856 |
Shares | Description | Value (†) |
Multi-Utilities — 0.1% | ||
22 | Consolidated Edison, Inc. | $2,000 |
8 | DTE Energy Co. | 843 |
4 | WEC Energy Group, Inc. | 323 |
3,166 | ||
Office REITs — 0.1% | ||
100 | COPT Defense Properties | 2,356 |
63 | Douglas Emmett, Inc. | 854 |
84 | Easterly Government Properties, Inc. | 1,032 |
87 | Highwoods Properties, Inc. | 1,998 |
62 | Kilroy Realty Corp. | 2,217 |
8,457 | ||
Oil, Gas & Consumable Fuels — 1.1% | ||
148 | Antero Midstream Corp. | 1,812 |
39 | Antero Resources Corp.(a) | 871 |
214 | APA Corp. | 6,705 |
31 | Chevron Corp. | 4,570 |
65 | CNX Resources Corp.(a) | 1,313 |
92 | ConocoPhillips | 10,292 |
22 | Devon Energy Corp. | 924 |
70 | EOG Resources, Inc. | 7,965 |
67 | Exxon Mobil Corp. | 6,888 |
5 | Hess Corp. | 703 |
29 | HF Sinclair Corp. | 1,638 |
98 | Kinder Morgan, Inc. | 1,658 |
17 | ONEOK, Inc. | 1,160 |
42 | Ovintiv, Inc. | 1,782 |
65 | Phillips 66 | 9,380 |
47 | Range Resources Corp. | 1,365 |
180 | Southwestern Energy Co.(a) | 1,161 |
7 | Valero Energy Corp. | 972 |
34 | Williams Cos., Inc. | 1,179 |
62,338 | ||
Passenger Airlines — 0.0% | ||
44 | Delta Air Lines, Inc. | 1,722 |
Personal Care Products — 0.0% | ||
3 | Estee Lauder Cos., Inc., Class A | 396 |
Pharmaceuticals — 0.7% | ||
53 | Bristol-Myers Squibb Co. | 2,590 |
5 | Eli Lilly & Co. | 3,228 |
13 | Jazz Pharmaceuticals PLC(a) | 1,595 |
47 | Johnson & Johnson | 7,468 |
43 | Merck & Co., Inc. | 5,194 |
28 | Novartis AG, ADR | 2,897 |
58 | Novo Nordisk AS, ADR | 6,655 |
30 | Perrigo Co. PLC | 963 |
102 | Pfizer, Inc. | 2,762 |
86 | Roche Holding AG, ADR | 3,022 |
13 | Zoetis, Inc. | 2,442 |
38,816 | ||
Professional Services — 0.2% | ||
4 | Automatic Data Processing, Inc. | 983 |
16 | Equifax, Inc. | 3,910 |
17 | Exponent, Inc. | 1,499 |
23 | Korn Ferry | 1,349 |
9 | Leidos Holdings, Inc. | 994 |
4 | Paychex, Inc. | 487 |
9 | Paylocity Holding Corp.(a) | 1,426 |
10,648 |
Shares | Description | Value (†) |
Real Estate Management & Development — 0.2% | ||
102 | CBRE Group, Inc., Class A(a) | $8,803 |
12 | Jones Lang LaSalle, Inc.(a) | 2,125 |
10,928 | ||
Residential REITs — 0.0% | ||
6 | AvalonBay Communities, Inc. | 1,074 |
9 | Camden Property Trust | 845 |
1,919 | ||
Retail REITs — 0.1% | ||
166 | Brixmor Property Group, Inc. | 3,725 |
57 | NNN REIT, Inc. | 2,299 |
6 | Simon Property Group, Inc. | 832 |
6,856 | ||
Semiconductors & Semiconductor Equipment — 1.3% | ||
12 | Advanced Micro Devices, Inc.(a) | 2,012 |
14 | Analog Devices, Inc. | 2,693 |
73 | ARM Holdings PLC, ADR(a) | 5,159 |
3 | Broadcom, Inc. | 3,540 |
85 | Intel Corp. | 3,662 |
25 | Lattice Semiconductor Corp.(a) | 1,521 |
14 | Micron Technology, Inc. | 1,201 |
60 | NVIDIA Corp. | 36,916 |
13 | Onto Innovation, Inc.(a) | 2,099 |
9 | Qorvo, Inc.(a) | 898 |
49 | QUALCOMM, Inc. | 7,277 |
11 | Silicon Laboratories, Inc.(a) | 1,357 |
16 | Synaptics, Inc.(a) | 1,709 |
18 | Texas Instruments, Inc. | 2,882 |
10 | Universal Display Corp. | 1,698 |
74,624 | ||
Software — 2.0% | ||
3 | Adobe, Inc.(a) | 1,853 |
6 | ANSYS, Inc.(a) | 1,967 |
47 | Autodesk, Inc.(a) | 11,929 |
4 | Cadence Design Systems, Inc.(a) | 1,154 |
35 | Dynatrace, Inc.(a) | 1,995 |
2 | Intuit, Inc. | 1,263 |
13 | Manhattan Associates, Inc.(a) | 3,153 |
74 | Microsoft Corp. | 29,421 |
166 | Oracle Corp. | 18,542 |
2 | Palo Alto Networks, Inc.(a) | 677 |
7 | PTC, Inc.(a) | 1,265 |
10 | Qualys, Inc.(a) | 1,892 |
6 | Roper Technologies, Inc. | 3,222 |
61 | Salesforce, Inc.(a) | 17,146 |
3 | ServiceNow, Inc.(a) | 2,296 |
8 | SPS Commerce, Inc.(a) | 1,470 |
3 | Synopsys, Inc.(a) | 1,600 |
2 | Tyler Technologies, Inc.(a) | 846 |
28 | Workday, Inc., Class A(a) | 8,150 |
109,841 | ||
Specialized REITs — 0.1% | ||
4 | American Tower Corp. | 783 |
6 | Crown Castle, Inc. | 650 |
3 | Digital Realty Trust, Inc. | 421 |
1 | Equinix, Inc. | 830 |
20 | Weyerhaeuser Co. | 655 |
3,339 |
Shares | Description | Value (†) |
Specialty Retail — 0.4% | ||
5 | Asbury Automotive Group, Inc.(a) | $1,045 |
13 | Burlington Stores, Inc.(a) | 2,485 |
8 | Dick's Sporting Goods, Inc. | 1,193 |
8 | Five Below, Inc.(a) | 1,436 |
23 | Floor & Decor Holdings, Inc., Class A(a) | 2,313 |
13 | Home Depot, Inc. | 4,589 |
5 | Lithia Motors, Inc. | 1,474 |
7 | Lowe's Cos., Inc. | 1,490 |
8 | Ross Stores, Inc. | 1,122 |
31 | TJX Cos., Inc. | 2,942 |
8 | Williams-Sonoma, Inc. | 1,547 |
21,636 | ||
Technology Hardware, Storage & Peripherals — 0.3% | ||
86 | Apple, Inc. | 15,859 |
38 | Hewlett Packard Enterprise Co. | 581 |
23 | HP, Inc. | 660 |
9 | NetApp, Inc. | 785 |
17,885 | ||
Textiles, Apparel & Luxury Goods — 0.2% | ||
12 | Crocs, Inc.(a) | 1,218 |
4 | Deckers Outdoor Corp.(a) | 3,015 |
22 | NIKE, Inc., Class B | 2,234 |
16 | PVH Corp. | 1,924 |
281 | Under Armour, Inc., Class A(a) | 2,141 |
163 | Under Armour, Inc., Class C(a) | 1,206 |
11,738 | ||
Trading Companies & Distributors — 0.1% | ||
12 | GATX Corp. | 1,472 |
7 | Watsco, Inc. | 2,737 |
4,209 | ||
Water Utilities — 0.1% | ||
19 | American States Water Co. | 1,417 |
4 | American Water Works Co., Inc. | 496 |
39 | Essential Utilities, Inc. | 1,399 |
3,312 | ||
Total Common Stocks (Identified Cost $1,240,285) | 1,429,064 |
Principal Amount | ||
Bonds and Notes — 21.2% | ||
Apartment REITs — 0.1% | ||
$7,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 6,248 |
Automotive — 0.4% | ||
17,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 16,742 |
2,000 | Lear Corp., 4.250%, 5/15/2029 | 1,931 |
7,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 6,143 |
24,816 | ||
Banking — 3.1% | ||
16,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 15,297 |
6,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | 5,999 |
7,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 6,995 |
13,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 11,976 |
9,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 8,929 |
11,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 10,811 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$13,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | $12,975 |
12,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 10,320 |
6,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 5,628 |
6,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 5,507 |
5,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 4,873 |
14,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 13,275 |
13,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 12,918 |
6,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 5,921 |
5,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 4,955 |
7,000 | State Street Corp., 2.400%, 1/24/2030 | 6,247 |
7,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 5,836 |
13,000 | Truist Bank, 3.200%, 4/01/2024 | 12,946 |
14,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 13,630 |
175,038 | ||
Brokerage — 0.4% | ||
11,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 9,712 |
15,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 10,406 |
20,118 | ||
Building Materials — 0.3% | ||
7,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 6,471 |
9,000 | Owens Corning, 3.950%, 8/15/2029 | 8,593 |
15,064 | ||
Chemicals — 0.3% | ||
14,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 11,726 |
3,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 2,848 |
14,574 | ||
Consumer Products — 0.2% | ||
14,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 13,058 |
Diversified Manufacturing — 0.3% | ||
12,000 | Eaton Corp., 4.150%, 3/15/2033 | 11,575 |
8,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 7,158 |
18,733 | ||
Electric — 1.2% | ||
7,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 6,348 |
13,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 12,946 |
15,000 | Entergy Corp., 0.900%, 9/15/2025 | 14,045 |
9,000 | Exelon Corp., 4.050%, 4/15/2030 | 8,584 |
11,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 9,400 |
3,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 2,867 |
2,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 1,646 |
11,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 10,675 |
66,511 | ||
Environmental — 0.3% | ||
6,000 | Republic Services, Inc., 1.450%, 2/15/2031 | 4,835 |
17,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 12,992 |
17,827 | ||
Finance Companies — 0.2% | ||
6,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 5,780 |
6,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 5,405 |
11,185 |
Principal Amount | Description | Value (†) |
Food & Beverage — 0.7% | ||
$17,000 | Coca-Cola Co., 1.450%, 6/01/2027 | $15,542 |
13,000 | General Mills, Inc., 4.000%, 4/17/2025 | 12,840 |
5,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 4,512 |
10,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 9,091 |
41,985 | ||
Government Owned - No Guarantee — 0.5% | ||
8,000 | Equinor ASA, 3.625%, 4/06/2040 | 6,852 |
18,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 20,665 |
27,517 | ||
Health Care REITs — 0.1% | ||
5,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 4,326 |
Health Insurance — 0.3% | ||
11,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 10,801 |
8,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 8,747 |
19,548 | ||
Healthcare — 0.5% | ||
5,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 4,930 |
6,000 | CVS Health Corp., 4.300%, 3/25/2028 | 5,896 |
6,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 5,855 |
6,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 5,751 |
5,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 4,472 |
26,904 | ||
Integrated Energy — 0.4% | ||
14,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 13,730 |
8,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 9,200 |
22,930 | ||
Life Insurance — 0.2% | ||
3,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 3,100 |
9,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 8,341 |
11,441 | ||
Media Entertainment — 0.1% | ||
6,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 5,886 |
Metals & Mining — 0.1% | ||
7,000 | Nucor Corp., 3.125%, 4/01/2032 | 6,254 |
Mortgage Related — 5.6% | ||
12,705 | Federal Home Loan Mortgage Corp., 2.000%, 3/01/2052 | 10,247 |
19,912 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities in 2052(c) | 16,760 |
29,299 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities in 2052(c) | 25,659 |
27,012 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities in 2052(c) | 24,590 |
45,804 | Federal National Mortgage Association, 2.000%, with various maturities in 2051(c) | 37,040 |
60,344 | Federal National Mortgage Association, 2.500%, with various maturities from 2050 to 2052(c) | 50,987 |
47,774 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | 42,224 |
23,682 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 21,662 |
26,247 | Federal National Mortgage Association, 4.000%, with various maturities from 2050 to 2053(c) | 24,718 |
9,507 | Federal National Mortgage Association, 4.500%, with various maturities from 2049 to 2053(c) | 9,218 |
12,611 | Government National Mortgage Association, 3.000%, 6/20/2052 | 11,262 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$6,894 | Government National Mortgage Association, 4.000%, 8/20/2053 | $6,547 |
6,907 | Government National Mortgage Association, 5.000%, 7/20/2053 | 6,860 |
27,069 | Government National Mortgage Association, 5.500%, 4/20/2053 | 27,243 |
315,017 | ||
Office REITs — 0.3% | ||
10,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 9,768 |
5,000 | Boston Properties LP, 2.750%, 10/01/2026 | 4,661 |
14,429 | ||
Oil Field Services — 0.1% | ||
8,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 7,623 |
Other REITs — 0.1% | ||
6,000 | Prologis LP, 1.250%, 10/15/2030 | 4,847 |
Pharmaceuticals — 0.6% | ||
13,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 11,166 |
5,000 | Biogen, Inc., 2.250%, 5/01/2030 | 4,262 |
7,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 6,632 |
4,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 3,343 |
13,000 | Viatris, Inc., 3.850%, 6/22/2040 | 9,840 |
35,243 | ||
Property & Casualty Insurance — 0.2% | ||
3,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 2,687 |
7,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 6,009 |
8,696 | ||
Railroads — 0.3% | ||
16,000 | CSX Corp., 2.600%, 11/01/2026 | 15,236 |
Restaurants — 0.2% | ||
10,000 | Starbucks Corp., 2.250%, 3/12/2030 | 8,723 |
Retail REITs — 0.1% | ||
5,000 | Realty Income Corp., 2.700%, 2/15/2032 | 4,187 |
3,000 | Realty Income Corp., 3.400%, 1/15/2028 | 2,857 |
7,044 | ||
Retailers — 0.4% | ||
9,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 8,291 |
15,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 13,162 |
3,000 | Walmart, Inc., 4.100%, 4/15/2033 | 2,933 |
24,386 | ||
Technology — 0.9% | ||
9,000 | Apple, Inc., 2.500%, 2/09/2025 | 8,795 |
4,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 3,858 |
6,000 | Intel Corp., 2.450%, 11/15/2029 | 5,370 |
11,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 9,571 |
6,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 5,511 |
11,000 | Oracle Corp., 2.950%, 5/15/2025 | 10,708 |
12,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 9,623 |
53,436 | ||
Treasuries — 2.3% | ||
20,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 10,412 |
12,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 8,816 |
34,700 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 27,250 |
18,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 14,620 |
17,100 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 13,625 |
26,100 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 20,735 |
Principal Amount | Description | Value (†) |
Treasuries — continued | ||
$14,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | $14,101 |
23,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 21,437 |
130,996 | ||
Utility Other — 0.1% | ||
4,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 3,331 |
Wireless — 0.2% | ||
10,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 10,810 |
Wirelines — 0.1% | ||
4,000 | AT&T, Inc., 3.650%, 6/01/2051 | 2,983 |
Total Bonds and Notes (Identified Cost $1,283,684) | 1,192,763 |
Shares | ||
Exchange-Traded Funds — 3.4% | ||
2,508 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $175,020) | 188,727 |
Mutual Funds — 4.8% | ||
6,537 | WCM Focused Emerging Markets Fund, Institutional Class | 83,156 |
8,147 | WCM Focused International Growth Fund, Institutional Class | 189,650 |
Total Mutual Funds (Identified Cost $289,304) | 272,806 | |
Affiliated Mutual Funds — 43.4% | ||
97,511 | Loomis Sayles Inflation Protected Securities Fund, Class N | 941,953 |
62,934 | Loomis Sayles Limited Term Government & Agency Fund, Class N | 680,316 |
73,378 | Mirova Global Green Bond Fund, Class N | 622,979 |
15,863 | Mirova International Sustainable Equity Fund, Class N | 187,978 |
Total Affiliated Mutual Funds (Identified Cost $2,683,633) | 2,433,226 |
Principal Amount | ||
Short-Term Investments — 2.7% | ||
$150,848 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $150,863 on 2/01/2024 collateralized by $154,500 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $154,234 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $150,848) | 150,848 |
Total Investments — 101.0% (Identified Cost $5,822,774) | 5,667,434 | |
Other assets less liabilities — (1.0)% | (58,228 ) | |
Net Assets — 100.0% | $5,609,206 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $15,372 or 0.3% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation and Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Fixed Income | 61.2 % |
Equity | 37.1 |
Short-Term Investments | 2.7 |
Total Investments | 101.0 |
Other assets less liabilities | (1.0 ) |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 31.1% of Net Assets | ||
Aerospace & Defense — 0.6% | ||
32 | AAR Corp.(a) | $1,946 |
84 | Boeing Co.(a) | 17,727 |
7 | L3Harris Technologies, Inc. | 1,459 |
6 | Lockheed Martin Corp. | 2,576 |
14 | Moog, Inc., Class A | 1,957 |
2 | Northrop Grumman Corp. | 894 |
21 | RTX Corp. | 1,914 |
28,473 | ||
Air Freight & Logistics — 0.2% | ||
44 | Expeditors International of Washington, Inc. | 5,559 |
4 | FedEx Corp. | 965 |
25 | GXO Logistics, Inc.(a) | 1,359 |
14 | United Parcel Service, Inc., Class B | 1,987 |
9,870 | ||
Automobile Components — 0.3% | ||
7 | Aptiv PLC(a) | 569 |
140 | BorgWarner, Inc. | 4,746 |
90 | Dana, Inc. | 1,220 |
87 | Magna International, Inc. | 4,946 |
104 | Mobileye Global, Inc., Class A(a) | 2,689 |
23 | Phinia, Inc. | 696 |
12 | Visteon Corp.(a) | 1,384 |
16,250 | ||
Automobiles — 0.6% | ||
281 | General Motors Co. | 10,903 |
78 | Tesla, Inc.(a) | 14,609 |
12 | Thor Industries, Inc. | 1,356 |
26,868 | ||
Banks — 1.6% | ||
55 | Ameris Bancorp | 2,730 |
180 | Banc of California, Inc. | 2,481 |
312 | Bank of America Corp. | 10,611 |
154 | Citigroup, Inc. | 8,650 |
20 | Citizens Financial Group, Inc. | 654 |
32 | East West Bancorp, Inc. | 2,330 |
4 | First Citizens BancShares, Inc., Class A | 6,040 |
96 | First Financial Bancorp | 2,152 |
251 | FNB Corp. | 3,308 |
161 | Fulton Financial Corp. | 2,510 |
56 | International Bancshares Corp. | 2,960 |
49 | JPMorgan Chase & Co. | 8,544 |
16 | PNC Financial Services Group, Inc. | 2,419 |
27 | Regions Financial Corp. | 504 |
166 | Truist Financial Corp. | 6,152 |
51 | Webster Financial Corp. | 2,524 |
189 | Wells Fargo & Co. | 9,484 |
74,053 | ||
Beverages — 0.5% | ||
10 | Boston Beer Co., Inc., Class A(a) | 3,493 |
35 | Coca-Cola Co. | 2,082 |
33 | Keurig Dr Pepper, Inc. | 1,037 |
229 | Monster Beverage Corp.(a) | 12,600 |
23 | PepsiCo, Inc. | 3,876 |
23,088 | ||
Biotechnology — 0.8% | ||
24 | AbbVie, Inc. | 3,946 |
40 | Alnylam Pharmaceuticals, Inc.(a) | 6,916 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
6 | Amgen, Inc. | $1,886 |
2 | Biogen, Inc.(a) | 493 |
46 | CRISPR Therapeutics AG(a) | 2,896 |
25 | Cytokinetics, Inc.(a) | 1,953 |
32 | Gilead Sciences, Inc. | 2,504 |
26 | Halozyme Therapeutics, Inc.(a) | 880 |
13 | Incyte Corp.(a) | 764 |
15 | Neurocrine Biosciences, Inc.(a) | 2,097 |
10 | Regeneron Pharmaceuticals, Inc.(a) | 9,428 |
5 | United Therapeutics Corp.(a) | 1,074 |
1 | Vertex Pharmaceuticals, Inc.(a) | 433 |
35,270 | ||
Broadline Retail — 0.9% | ||
37 | Alibaba Group Holding Ltd., ADR | 2,670 |
232 | Amazon.com, Inc.(a) | 36,007 |
101 | eBay, Inc. | 4,148 |
42,825 | ||
Building Products — 0.5% | ||
7 | Carlisle Cos., Inc. | 2,200 |
18 | Carrier Global Corp. | 985 |
68 | Fortune Brands Innovations, Inc. | 5,276 |
6 | Lennox International, Inc. | 2,569 |
94 | Masco Corp. | 6,325 |
22 | Owens Corning | 3,334 |
17 | Trex Co., Inc.(a) | 1,385 |
22,074 | ||
Capital Markets — 1.9% | ||
146 | Bank of New York Mellon Corp. | 8,097 |
7 | BlackRock, Inc. | 5,420 |
11 | Cboe Global Markets, Inc. | 2,022 |
137 | Charles Schwab Corp. | 8,620 |
15 | CME Group, Inc. | 3,088 |
11 | FactSet Research Systems, Inc. | 5,235 |
18 | Goldman Sachs Group, Inc. | 6,912 |
97 | Intercontinental Exchange, Inc. | 12,351 |
44 | Janus Henderson Group PLC | 1,265 |
105 | KKR & Co., Inc. | 9,091 |
8 | Moody's Corp. | 3,136 |
16 | Morgan Stanley | 1,396 |
9 | MSCI, Inc. | 5,388 |
5 | Northern Trust Corp. | 398 |
7 | S&P Global, Inc. | 3,139 |
70 | SEI Investments Co. | 4,427 |
96 | State Street Corp. | 7,092 |
5 | T. Rowe Price Group, Inc. | 542 |
9 | Virtus Investment Partners, Inc. | 2,125 |
89,744 | ||
Chemicals — 0.5% | ||
2 | Air Products & Chemicals, Inc. | 511 |
27 | Celanese Corp. | 3,950 |
123 | Corteva, Inc. | 5,594 |
8 | DuPont de Nemours, Inc. | 494 |
11 | Ecolab, Inc. | 2,181 |
24 | HB Fuller Co. | 1,819 |
17 | Innospec, Inc. | 1,974 |
10 | Linde PLC | 4,048 |
20 | Minerals Technologies, Inc. | 1,307 |
Shares | Description | Value (†) |
Chemicals — continued | ||
3 | Sherwin-Williams Co. | $913 |
11 | Stepan Co. | 982 |
23,773 | ||
Commercial Services & Supplies — 0.1% | ||
12 | MSA Safety, Inc. | 1,981 |
5 | Waste Management, Inc. | 928 |
2,909 | ||
Communications Equipment — 0.2% | ||
29 | Ciena Corp.(a) | 1,537 |
64 | Cisco Systems, Inc. | 3,212 |
10 | F5, Inc.(a) | 1,837 |
3 | Motorola Solutions, Inc. | 958 |
7,544 | ||
Construction & Engineering — 0.1% | ||
44 | AECOM | 3,880 |
Construction Materials — 0.1% | ||
4 | Martin Marietta Materials, Inc. | 2,034 |
10 | Vulcan Materials Co. | 2,260 |
4,294 | ||
Consumer Finance — 0.7% | ||
301 | Ally Financial, Inc. | 11,041 |
56 | American Express Co. | 11,241 |
83 | Capital One Financial Corp. | 11,231 |
18 | Synchrony Financial | 700 |
34,213 | ||
Consumer Staples Distribution & Retail — 0.6% | ||
24 | BJ's Wholesale Club Holdings, Inc.(a) | 1,544 |
6 | Casey's General Stores, Inc. | 1,628 |
6 | Costco Wholesale Corp. | 4,169 |
274 | Kroger Co. | 12,642 |
41 | Sprouts Farmers Market, Inc.(a) | 2,065 |
6 | Target Corp. | 835 |
27 | Walmart, Inc. | 4,462 |
27,345 | ||
Containers & Packaging — 0.1% | ||
7 | Ball Corp. | 388 |
26 | Crown Holdings, Inc. | 2,301 |
40 | Sonoco Products Co. | 2,276 |
4,965 | ||
Distributors — 0.0% | ||
6 | Genuine Parts Co. | 841 |
Diversified Consumer Services — 0.1% | ||
15 | Grand Canyon Education, Inc.(a) | 1,959 |
30 | Service Corp. International | 2,013 |
3,972 | ||
Diversified REITs — 0.0% | ||
71 | American Assets Trust, Inc. | 1,593 |
Diversified Telecommunication Services — 0.2% | ||
149 | AT&T, Inc. | 2,636 |
22 | Iridium Communications, Inc. | 798 |
102 | Verizon Communications, Inc. | 4,319 |
7,753 | ||
Electric Utilities — 0.2% | ||
31 | American Electric Power Co., Inc. | 2,422 |
38 | Evergy, Inc. | 1,929 |
29 | Eversource Energy | 1,573 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
21 | Exelon Corp. | $731 |
26 | FirstEnergy Corp. | 954 |
16 | IDACORP, Inc. | 1,481 |
9,090 | ||
Electrical Equipment — 0.2% | ||
13 | Eaton Corp. PLC | 3,199 |
23 | Emerson Electric Co. | 2,110 |
36 | nVent Electric PLC | 2,161 |
13 | Regal Rexnord Corp. | 1,735 |
9,205 | ||
Electronic Equipment, Instruments & Components — 0.4% | ||
20 | Advanced Energy Industries, Inc. | 2,084 |
18 | Amphenol Corp., Class A | 1,820 |
41 | Avnet, Inc. | 1,857 |
31 | Cognex Corp. | 1,120 |
11 | Corning, Inc. | 358 |
99 | Knowles Corp.(a) | 1,615 |
7 | Littelfuse, Inc. | 1,693 |
33 | TE Connectivity Ltd. | 4,692 |
2 | Teledyne Technologies, Inc.(a) | 837 |
2 | Zebra Technologies Corp., Class A(a) | 479 |
16,555 | ||
Energy Equipment & Services — 0.1% | ||
54 | ChampionX Corp. | 1,480 |
118 | NOV, Inc. | 2,302 |
28 | Schlumberger NV | 1,364 |
5,146 | ||
Entertainment — 0.9% | ||
9 | Electronic Arts, Inc. | 1,238 |
32 | Netflix, Inc.(a) | 18,051 |
6 | Take-Two Interactive Software, Inc.(a) | 990 |
163 | Walt Disney Co. | 15,656 |
496 | Warner Bros Discovery, Inc.(a) | 4,970 |
40,905 | ||
Financial Services — 1.2% | ||
54 | Block, Inc.(a) | 3,510 |
63 | Fiserv, Inc.(a) | 8,938 |
38 | Global Payments, Inc. | 5,063 |
4 | Jack Henry & Associates, Inc. | 663 |
9 | Mastercard, Inc., Class A | 4,043 |
159 | MGIC Investment Corp. | 3,155 |
68 | PayPal Holdings, Inc.(a) | 4,172 |
76 | Visa, Inc., Class A | 20,768 |
40 | Voya Financial, Inc. | 2,895 |
9 | WEX, Inc.(a) | 1,839 |
55,046 | ||
Food Products — 0.4% | ||
23 | Campbell Soup Co. | 1,027 |
37 | Conagra Brands, Inc. | 1,079 |
21 | Darling Ingredients, Inc.(a) | 909 |
40 | General Mills, Inc. | 2,596 |
5 | Hershey Co. | 968 |
38 | Hormel Foods Corp. | 1,154 |
16 | Ingredion, Inc. | 1,721 |
7 | J M Smucker Co. | 921 |
23 | Kellanova | 1,260 |
78 | Kraft Heinz Co. | 2,896 |
Shares | Description | Value (†) |
Food Products — continued | ||
15 | McCormick & Co., Inc. | $1,022 |
42 | Mondelez International, Inc., Class A | 3,161 |
18,714 | ||
Gas Utilities — 0.1% | ||
13 | Atmos Energy Corp. | 1,481 |
44 | New Jersey Resources Corp. | 1,796 |
18 | ONE Gas, Inc. | 1,105 |
4,382 | ||
Ground Transportation — 0.3% | ||
51 | CSX Corp. | 1,821 |
5 | JB Hunt Transport Services, Inc. | 1,005 |
9 | Norfolk Southern Corp. | 2,117 |
12 | Ryder System, Inc. | 1,363 |
5 | Saia, Inc.(a) | 2,253 |
12 | Uber Technologies, Inc.(a) | 783 |
5 | Union Pacific Corp. | 1,220 |
21 | XPO, Inc.(a) | 1,794 |
12,356 | ||
Health Care Equipment & Supplies — 0.6% | ||
30 | Abbott Laboratories | 3,394 |
2 | Align Technology, Inc.(a) | 535 |
96 | Baxter International, Inc. | 3,714 |
6 | Becton Dickinson & Co. | 1,433 |
10 | Edwards Lifesciences Corp.(a) | 785 |
4 | GE HealthCare Technologies, Inc. | 293 |
16 | Globus Medical, Inc., Class A(a) | 845 |
15 | Haemonetics Corp.(a) | 1,147 |
15 | Intuitive Surgical, Inc.(a) | 5,673 |
20 | LeMaitre Vascular, Inc. | 1,161 |
31 | Medtronic PLC | 2,714 |
35 | Merit Medical Systems, Inc.(a) | 2,741 |
7 | Penumbra, Inc.(a) | 1,765 |
5 | Shockwave Medical, Inc.(a) | 1,131 |
3 | Stryker Corp. | 1,006 |
28,337 | ||
Health Care Providers & Services — 0.9% | ||
25 | Acadia Healthcare Co., Inc.(a) | 2,053 |
11 | Cardinal Health, Inc. | 1,201 |
107 | Centene Corp.(a) | 8,058 |
4 | Chemed Corp. | 2,371 |
7 | Cigna Group | 2,107 |
74 | CVS Health Corp. | 5,503 |
5 | Elevance Health, Inc. | 2,467 |
18 | HCA Healthcare, Inc. | 5,488 |
14 | Henry Schein, Inc.(a) | 1,048 |
1 | Humana, Inc. | 378 |
3 | Laboratory Corp. of America Holdings | 667 |
2 | McKesson Corp. | 1,000 |
41 | Select Medical Holdings Corp. | 1,066 |
12 | UnitedHealth Group, Inc. | 6,141 |
39,548 | ||
Health Care REITs — 0.0% | ||
114 | Physicians Realty Trust | 1,395 |
Health Care Technology — 0.2% | ||
170 | Doximity, Inc., Class A(a) | 4,582 |
30 | Veeva Systems, Inc., Class A(a) | 6,222 |
10,804 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
30 | Host Hotels & Resorts, Inc. | $577 |
Hotels, Restaurants & Leisure — 0.6% | ||
48 | Aramark | 1,396 |
16 | Hilton Worldwide Holdings, Inc. | 3,055 |
18 | Marriott Vacations Worldwide Corp. | 1,510 |
11 | McDonald's Corp. | 3,220 |
79 | Starbucks Corp. | 7,349 |
39 | Travel & Leisure Co. | 1,577 |
7 | Wingstop, Inc. | 1,968 |
75 | Yum China Holdings, Inc. | 2,594 |
31 | Yum! Brands, Inc. | 4,014 |
26,683 | ||
Household Durables — 0.2% | ||
42 | KB Home | 2,503 |
16 | Meritage Homes Corp. | 2,650 |
14 | PulteGroup, Inc. | 1,464 |
54 | Taylor Morrison Home Corp.(a) | 2,815 |
9,432 | ||
Household Products — 0.3% | ||
26 | Church & Dwight Co., Inc. | 2,596 |
9 | Colgate-Palmolive Co. | 758 |
58 | Energizer Holdings, Inc. | 1,834 |
46 | Procter & Gamble Co. | 7,228 |
12,416 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
44 | AES Corp. | 734 |
Industrial Conglomerates — 0.2% | ||
6 | 3M Co. | 566 |
32 | General Electric Co. | 4,238 |
17 | Honeywell International, Inc. | 3,438 |
8,242 | ||
Industrial REITs — 0.1% | ||
12 | Prologis, Inc. | 1,520 |
59 | Rexford Industrial Realty, Inc. | 3,103 |
4,623 | ||
Insurance — 1.0% | ||
5 | Allstate Corp. | 776 |
126 | American International Group, Inc. | 8,758 |
16 | Arch Capital Group Ltd.(a) | 1,319 |
10 | Arthur J Gallagher & Co. | 2,322 |
6 | Assurant, Inc. | 1,008 |
46 | Assured Guaranty Ltd. | 3,732 |
9 | Chubb Ltd. | 2,205 |
28 | First American Financial Corp. | 1,690 |
17 | Hanover Insurance Group, Inc. | 2,244 |
20 | Hartford Financial Services Group, Inc. | 1,739 |
7 | Marsh & McLennan Cos., Inc. | 1,357 |
13 | Prudential Financial, Inc. | 1,364 |
35 | Reinsurance Group of America, Inc. | 6,086 |
26 | Selective Insurance Group, Inc. | 2,726 |
13 | Travelers Cos., Inc. | 2,748 |
34 | Willis Towers Watson PLC | 8,374 |
48,448 | ||
Interactive Media & Services — 1.7% | ||
126 | Alphabet, Inc., Class A(a) | 17,652 |
169 | Alphabet, Inc., Class C(a) | 23,964 |
84 | Meta Platforms, Inc., Class A(a) | 32,772 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
49 | Yelp, Inc.(a) | $2,143 |
48 | ZoomInfo Technologies, Inc.(a) | 770 |
77,301 | ||
IT Services — 0.4% | ||
9 | Accenture PLC, Class A | 3,275 |
28 | Cognizant Technology Solutions Corp., Class A | 2,159 |
27 | GoDaddy, Inc., Class A(a) | 2,880 |
22 | International Business Machines Corp. | 4,041 |
73 | Shopify, Inc., Class A(a) | 5,845 |
18,200 | ||
Leisure Products — 0.0% | ||
83 | Mattel, Inc.(a) | 1,485 |
20 | YETI Holdings, Inc.(a) | 879 |
2,364 | ||
Life Sciences Tools & Services — 0.5% | ||
6 | Agilent Technologies, Inc. | 781 |
21 | Danaher Corp. | 5,038 |
32 | Illumina, Inc.(a) | 4,576 |
38 | IQVIA Holdings, Inc.(a) | 7,913 |
10 | Repligen Corp.(a) | 1,894 |
6 | Thermo Fisher Scientific, Inc. | 3,234 |
23,436 | ||
Machinery — 0.6% | ||
13 | AGCO Corp. | 1,590 |
4 | Caterpillar, Inc. | 1,201 |
7 | Chart Industries, Inc.(a) | 817 |
1 | Cummins, Inc. | 239 |
6 | Deere & Co. | 2,361 |
10 | Dover Corp. | 1,498 |
18 | Fortive Corp. | 1,407 |
42 | Graco, Inc. | 3,583 |
3 | Illinois Tool Works, Inc. | 783 |
28 | ITT, Inc. | 3,382 |
16 | Oshkosh Corp. | 1,762 |
4 | Parker-Hannifin Corp. | 1,858 |
19 | SPX Technologies, Inc.(a) | 1,912 |
27 | Terex Corp. | 1,659 |
25 | Toro Co. | 2,312 |
26,364 | ||
Media — 0.5% | ||
17 | Charter Communications, Inc., Class A(a) | 6,302 |
195 | Comcast Corp., Class A | 9,075 |
53 | Interpublic Group of Cos., Inc. | 1,748 |
38 | Liberty Broadband Corp., Class C(a) | 2,981 |
25 | Omnicom Group, Inc. | 2,260 |
22,366 | ||
Metals & Mining — 0.2% | ||
59 | Alcoa Corp. | 1,755 |
101 | Cleveland-Cliffs, Inc.(a) | 2,025 |
28 | Commercial Metals Co. | 1,462 |
9 | Newmont Corp. | 311 |
9 | Reliance Steel & Aluminum Co. | 2,569 |
36 | U.S. Steel Corp. | 1,693 |
9,815 | ||
Mortgage Real Estate Investment Trusts (REITs) — 0.1% | ||
205 | Annaly Capital Management, Inc. | 3,934 |
79 | KKR Real Estate Finance Trust, Inc. | 967 |
4,901 |
Shares | Description | Value (†) |
Multi-Utilities — 0.1% | ||
19 | Consolidated Edison, Inc. | $1,727 |
7 | DTE Energy Co. | 738 |
6 | WEC Energy Group, Inc. | 485 |
2,950 | ||
Office REITs — 0.2% | ||
104 | COPT Defense Properties | 2,450 |
69 | Douglas Emmett, Inc. | 935 |
92 | Easterly Government Properties, Inc. | 1,130 |
83 | Highwoods Properties, Inc. | 1,906 |
64 | Kilroy Realty Corp. | 2,289 |
8,710 | ||
Oil, Gas & Consumable Fuels — 1.4% | ||
148 | Antero Midstream Corp. | 1,812 |
34 | Antero Resources Corp.(a) | 760 |
216 | APA Corp. | 6,767 |
32 | Chevron Corp. | 4,718 |
62 | CNX Resources Corp.(a) | 1,252 |
92 | ConocoPhillips | 10,292 |
27 | Devon Energy Corp. | 1,135 |
70 | EOG Resources, Inc. | 7,965 |
72 | Exxon Mobil Corp. | 7,402 |
6 | Hess Corp. | 843 |
26 | HF Sinclair Corp. | 1,469 |
110 | Kinder Morgan, Inc. | 1,861 |
19 | ONEOK, Inc. | 1,297 |
45 | Ovintiv, Inc. | 1,909 |
66 | Phillips 66 | 9,525 |
48 | Range Resources Corp. | 1,394 |
183 | Southwestern Energy Co.(a) | 1,180 |
6 | Valero Energy Corp. | 833 |
38 | Williams Cos., Inc. | 1,317 |
63,731 | ||
Passenger Airlines — 0.1% | ||
64 | Delta Air Lines, Inc. | 2,505 |
Personal Care Products — 0.0% | ||
3 | Estee Lauder Cos., Inc., Class A | 396 |
Pharmaceuticals — 0.8% | ||
52 | Bristol-Myers Squibb Co. | 2,541 |
5 | Eli Lilly & Co. | 3,228 |
13 | Jazz Pharmaceuticals PLC(a) | 1,596 |
47 | Johnson & Johnson | 7,468 |
40 | Merck & Co., Inc. | 4,831 |
28 | Novartis AG, ADR | 2,897 |
57 | Novo Nordisk AS, ADR | 6,540 |
26 | Perrigo Co. PLC | 834 |
111 | Pfizer, Inc. | 3,006 |
86 | Roche Holding AG, ADR | 3,022 |
13 | Zoetis, Inc. | 2,442 |
38,405 | ||
Professional Services — 0.2% | ||
4 | Automatic Data Processing, Inc. | 983 |
16 | Equifax, Inc. | 3,909 |
16 | Exponent, Inc. | 1,411 |
22 | Korn Ferry | 1,291 |
10 | Leidos Holdings, Inc. | 1,105 |
5 | Paychex, Inc. | 608 |
9 | Paylocity Holding Corp.(a) | 1,426 |
10,733 |
Shares | Description | Value (†) |
Real Estate Management & Development — 0.2% | ||
101 | CBRE Group, Inc., Class A(a) | $8,717 |
11 | Jones Lang LaSalle, Inc.(a) | 1,948 |
10,665 | ||
Residential REITs — 0.0% | ||
7 | AvalonBay Communities, Inc. | 1,253 |
11 | Camden Property Trust | 1,032 |
2,285 | ||
Retail REITs — 0.1% | ||
170 | Brixmor Property Group, Inc. | 3,815 |
56 | NNN REIT, Inc. | 2,259 |
6 | Simon Property Group, Inc. | 832 |
6,906 | ||
Semiconductors & Semiconductor Equipment — 1.6% | ||
11 | Advanced Micro Devices, Inc.(a) | 1,845 |
14 | Analog Devices, Inc. | 2,693 |
72 | ARM Holdings PLC, ADR(a) | 5,088 |
3 | Broadcom, Inc. | 3,540 |
86 | Intel Corp. | 3,705 |
26 | Lattice Semiconductor Corp.(a) | 1,582 |
15 | Micron Technology, Inc. | 1,286 |
60 | NVIDIA Corp. | 36,916 |
13 | Onto Innovation, Inc.(a) | 2,100 |
10 | Qorvo, Inc.(a) | 997 |
50 | QUALCOMM, Inc. | 7,426 |
9 | Silicon Laboratories, Inc.(a) | 1,110 |
15 | Synaptics, Inc.(a) | 1,602 |
16 | Texas Instruments, Inc. | 2,562 |
10 | Universal Display Corp. | 1,698 |
74,150 | ||
Software — 2.4% | ||
3 | Adobe, Inc.(a) | 1,853 |
6 | ANSYS, Inc.(a) | 1,967 |
47 | Autodesk, Inc.(a) | 11,929 |
5 | Cadence Design Systems, Inc.(a) | 1,442 |
34 | Dynatrace, Inc.(a) | 1,938 |
2 | Intuit, Inc. | 1,263 |
14 | Manhattan Associates, Inc.(a) | 3,396 |
75 | Microsoft Corp. | 29,818 |
165 | Oracle Corp. | 18,430 |
3 | Palo Alto Networks, Inc.(a) | 1,016 |
7 | PTC, Inc.(a) | 1,265 |
10 | Qualys, Inc.(a) | 1,892 |
6 | Roper Technologies, Inc. | 3,222 |
63 | Salesforce, Inc.(a) | 17,709 |
3 | ServiceNow, Inc.(a) | 2,296 |
8 | SPS Commerce, Inc.(a) | 1,470 |
3 | Synopsys, Inc.(a) | 1,600 |
2 | Tyler Technologies, Inc.(a) | 846 |
28 | Workday, Inc., Class A(a) | 8,150 |
111,502 | ||
Specialized REITs — 0.1% | ||
3 | American Tower Corp. | 587 |
6 | Crown Castle, Inc. | 650 |
3 | Digital Realty Trust, Inc. | 421 |
1 | Equinix, Inc. | 830 |
18 | Weyerhaeuser Co. | 590 |
3,078 |
Shares | Description | Value (†) |
Specialty Retail — 0.5% | ||
6 | Asbury Automotive Group, Inc.(a) | $1,254 |
13 | Burlington Stores, Inc.(a) | 2,485 |
8 | Dick's Sporting Goods, Inc. | 1,193 |
9 | Five Below, Inc.(a) | 1,615 |
23 | Floor & Decor Holdings, Inc., Class A(a) | 2,313 |
12 | Home Depot, Inc. | 4,236 |
5 | Lithia Motors, Inc. | 1,474 |
7 | Lowe's Cos., Inc. | 1,490 |
7 | Ross Stores, Inc. | 982 |
31 | TJX Cos., Inc. | 2,942 |
9 | Williams-Sonoma, Inc. | 1,740 |
21,724 | ||
Technology Hardware, Storage & Peripherals — 0.4% | ||
86 | Apple, Inc. | 15,858 |
39 | Hewlett Packard Enterprise Co. | 596 |
22 | HP, Inc. | 632 |
10 | NetApp, Inc. | 872 |
17,958 | ||
Textiles, Apparel & Luxury Goods — 0.3% | ||
10 | Crocs, Inc.(a) | 1,015 |
5 | Deckers Outdoor Corp.(a) | 3,769 |
22 | NIKE, Inc., Class B | 2,234 |
17 | PVH Corp. | 2,044 |
281 | Under Armour, Inc., Class A(a) | 2,141 |
145 | Under Armour, Inc., Class C(a) | 1,073 |
12,276 | ||
Trading Companies & Distributors — 0.1% | ||
11 | GATX Corp. | 1,349 |
7 | Watsco, Inc. | 2,737 |
4,086 | ||
Water Utilities — 0.1% | ||
19 | American States Water Co. | 1,417 |
4 | American Water Works Co., Inc. | 496 |
36 | Essential Utilities, Inc. | 1,291 |
3,204 | ||
Total Common Stocks (Identified Cost $1,288,801) | 1,434,246 |
Principal Amount | ||
Bonds and Notes — 19.8% | ||
Apartment REITs — 0.1% | ||
$5,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 4,463 |
Automotive — 0.4% | ||
9,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 8,864 |
5,000 | Lear Corp., 4.250%, 5/15/2029 | 4,828 |
6,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 5,265 |
18,957 | ||
Banking — 2.8% | ||
8,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 7,649 |
4,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | 3,999 |
4,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 3,997 |
9,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 8,291 |
7,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 6,945 |
13,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 12,777 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$7,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | $6,986 |
9,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 7,740 |
5,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 4,690 |
5,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 4,589 |
4,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 3,898 |
8,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 7,585 |
10,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 9,937 |
4,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 3,947 |
4,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 3,964 |
6,000 | State Street Corp., 2.400%, 1/24/2030 | 5,355 |
6,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 5,003 |
8,000 | Truist Bank, 3.200%, 4/01/2024 | 7,967 |
12,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 11,683 |
127,002 | ||
Brokerage — 0.3% | ||
8,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 7,063 |
8,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 5,550 |
12,613 | ||
Building Materials — 0.3% | ||
6,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 5,547 |
10,000 | Owens Corning, 3.950%, 8/15/2029 | 9,547 |
15,094 | ||
Chemicals — 0.2% | ||
10,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 8,375 |
2,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 1,899 |
10,274 | ||
Consumer Products — 0.2% | ||
7,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 6,529 |
Diversified Manufacturing — 0.3% | ||
9,000 | Eaton Corp., 4.150%, 3/15/2033 | 8,681 |
6,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 5,368 |
14,049 | ||
Electric — 1.0% | ||
5,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 4,534 |
7,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 6,971 |
11,000 | Entergy Corp., 0.900%, 9/15/2025 | 10,300 |
5,000 | Exelon Corp., 4.050%, 4/15/2030 | 4,769 |
8,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 6,837 |
3,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 2,867 |
4,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 3,292 |
7,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 6,793 |
46,363 | ||
Environmental — 0.2% | ||
6,000 | Republic Services, Inc., 1.450%, 2/15/2031 | 4,834 |
8,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 6,114 |
10,948 | ||
Finance Companies — 0.2% | ||
6,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 5,780 |
5,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 4,504 |
10,284 |
Principal Amount | Description | Value (†) |
Food & Beverage — 0.6% | ||
$13,000 | Coca-Cola Co., 1.450%, 6/01/2027 | $11,885 |
7,000 | General Mills, Inc., 4.000%, 4/17/2025 | 6,914 |
3,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 2,707 |
8,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 7,273 |
28,779 | ||
Government Owned - No Guarantee — 0.4% | ||
6,000 | Equinor ASA, 3.625%, 4/06/2040 | 5,139 |
13,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 14,925 |
20,064 | ||
Health Care REITs — 0.1% | ||
5,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 4,326 |
Health Insurance — 0.4% | ||
9,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 8,837 |
7,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 7,654 |
16,491 | ||
Healthcare — 0.5% | ||
4,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 3,944 |
6,000 | CVS Health Corp., 4.300%, 3/25/2028 | 5,896 |
4,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 3,903 |
5,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 4,793 |
5,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 4,472 |
23,008 | ||
Integrated Energy — 0.3% | ||
8,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 7,846 |
5,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 5,750 |
13,596 | ||
Life Insurance — 0.2% | ||
2,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 2,067 |
7,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 6,487 |
8,554 | ||
Media Entertainment — 0.1% | ||
4,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 3,924 |
Metals & Mining — 0.1% | ||
5,000 | Nucor Corp., 3.125%, 4/01/2032 | 4,467 |
Mortgage Related — 5.1% | ||
4,538 | Federal Home Loan Mortgage Corp., 2.000%, 3/01/2052 | 3,659 |
31,578 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities from 2051 to 2052(c) | 26,613 |
21,766 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities from 2049 to 2052(c) | 19,069 |
19,464 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities in 2052(c) | 17,720 |
919 | Federal Home Loan Mortgage Corp., 4.000%, 7/01/2052 | 865 |
38,681 | Federal National Mortgage Association, 2.000%, with various maturities from 2050 to 2051(c) | 31,291 |
28,499 | Federal National Mortgage Association, 2.500%, with various maturities from 2050 to 2051(c) | 24,109 |
34,698 | Federal National Mortgage Association, 3.000%, with various maturities from 2035 to 2052(c) | 30,614 |
19,559 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 17,891 |
20,021 | Federal National Mortgage Association, 4.000%, with various maturities from 2050 to 2053(c) | 18,854 |
6,967 | Federal National Mortgage Association, 4.500%, with various maturities from 2049 to 2053(c) | 6,754 |
9,896 | Government National Mortgage Association, 3.000%, with various maturities in 2052(c) | 8,838 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$4,924 | Government National Mortgage Association, 4.000%, 8/20/2053 | $4,676 |
4,934 | Government National Mortgage Association, 5.000%, 7/20/2053 | 4,900 |
20,301 | Government National Mortgage Association, 5.500%, 4/20/2053 | 20,433 |
236,286 | ||
Office REITs — 0.3% | ||
8,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 7,814 |
5,000 | Boston Properties LP, 2.750%, 10/01/2026 | 4,661 |
12,475 | ||
Oil Field Services — 0.1% | ||
5,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 4,764 |
Other REITs — 0.1% | ||
5,000 | Prologis LP, 1.250%, 10/15/2030 | 4,039 |
Pharmaceuticals — 0.5% | ||
10,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 8,590 |
3,000 | Biogen, Inc., 2.250%, 5/01/2030 | 2,557 |
7,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 6,633 |
3,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 2,507 |
6,000 | Viatris, Inc., 3.850%, 6/22/2040 | 4,541 |
24,828 | ||
Property & Casualty Insurance — 0.1% | ||
2,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 1,791 |
5,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 4,293 |
6,084 | ||
Railroads — 0.2% | ||
11,000 | CSX Corp., 2.600%, 11/01/2026 | 10,475 |
Restaurants — 0.2% | ||
9,000 | Starbucks Corp., 2.250%, 3/12/2030 | 7,851 |
Retail REITs — 0.1% | ||
3,000 | Realty Income Corp., 2.700%, 2/15/2032 | 2,512 |
3,000 | Realty Income Corp., 3.400%, 1/15/2028 | 2,857 |
5,369 | ||
Retailers — 0.3% | ||
5,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 4,606 |
9,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 7,898 |
3,000 | Walmart, Inc., 4.100%, 4/15/2033 | 2,933 |
15,437 | ||
Technology — 1.0% | ||
11,000 | Apple, Inc., 2.500%, 2/09/2025 | 10,749 |
4,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 3,858 |
5,000 | Intel Corp., 2.450%, 11/15/2029 | 4,475 |
9,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 7,831 |
5,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 4,593 |
7,000 | Oracle Corp., 2.950%, 5/15/2025 | 6,814 |
9,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 7,217 |
45,537 | ||
Treasuries — 2.5% | ||
17,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 8,850 |
9,000 | U.S. Treasury Bonds, 2.250%, 5/15/2041 | 6,758 |
7,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 5,143 |
17,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 13,350 |
24,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 19,494 |
8,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 6,374 |
Principal Amount | Description | Value (†) |
Treasuries — continued | ||
$18,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | $14,300 |
9,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 9,065 |
33,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 30,757 |
114,091 | ||
Utility Other — 0.2% | ||
13,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 10,827 |
Wireless — 0.3% | ||
11,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 11,891 |
Wirelines — 0.1% | ||
3,000 | AT&T, Inc., 3.650%, 6/01/2051 | 2,237 |
Total Bonds and Notes (Identified Cost $982,701) | 911,976 |
Shares | ||
Exchange-Traded Funds — 4.2% | ||
2,543 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $180,168) | 191,361 |
Mutual Funds — 5.7% | ||
5,488 | WCM Focused Emerging Markets Fund, Institutional Class | 69,806 |
8,246 | WCM Focused International Growth Fund, Institutional Class | 191,970 |
Total Mutual Funds (Identified Cost $272,681) | 261,776 | |
Affiliated Mutual Funds — 37.3% | ||
59,502 | Loomis Sayles Inflation Protected Securities Fund, Class N | 574,791 |
44,414 | Loomis Sayles Limited Term Government & Agency Fund, Class N | 480,107 |
55,381 | Mirova Global Green Bond Fund, Class N | 470,186 |
16,214 | Mirova International Sustainable Equity Fund, Class N | 192,137 |
Total Affiliated Mutual Funds (Identified Cost $1,840,105) | 1,717,221 |
Principal Amount | ||
Short-Term Investments — 3.1% | ||
$144,554 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $144,568 on 2/01/2024 collateralized by $148,200 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $147,945 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $144,554) | 144,554 |
Total Investments — 101.2% (Identified Cost $4,709,010) | 4,661,134 | |
Other assets less liabilities — (1.2)% | (55,652 ) | |
Net Assets — 100.0% | $4,605,482 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $12,472 or 0.3% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation, Federal National Mortgage Association and Government National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Fixed Income | 52.9 % |
Equity | 45.2 |
Short-Term Investments | 3.1 |
Total Investments | 101.2 |
Other assets less liabilities | (1.2 ) |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 35.4% of Net Assets | ||
Aerospace & Defense — 0.7% | ||
91 | AAR Corp.(a) | $5,535 |
216 | Boeing Co.(a) | 45,585 |
18 | L3Harris Technologies, Inc. | 3,751 |
15 | Lockheed Martin Corp. | 6,441 |
35 | Moog, Inc., Class A | 4,893 |
5 | Northrop Grumman Corp. | 2,234 |
56 | RTX Corp. | 5,103 |
73,542 | ||
Air Freight & Logistics — 0.3% | ||
118 | Expeditors International of Washington, Inc. | 14,907 |
13 | FedEx Corp. | 3,137 |
69 | GXO Logistics, Inc.(a) | 3,752 |
38 | United Parcel Service, Inc., Class B | 5,392 |
27,188 | ||
Automobile Components — 0.4% | ||
19 | Aptiv PLC(a) | 1,545 |
371 | BorgWarner, Inc. | 12,577 |
255 | Dana, Inc. | 3,458 |
234 | Magna International, Inc. | 13,303 |
272 | Mobileye Global, Inc., Class A(a) | 7,034 |
63 | Phinia, Inc. | 1,905 |
32 | Visteon Corp.(a) | 3,689 |
43,511 | ||
Automobiles — 0.7% | ||
745 | General Motors Co. | 28,906 |
205 | Tesla, Inc.(a) | 38,394 |
33 | Thor Industries, Inc. | 3,730 |
71,030 | ||
Banks — 1.8% | ||
147 | Ameris Bancorp | 7,297 |
490 | Banc of California, Inc. | 6,752 |
824 | Bank of America Corp. | 28,024 |
411 | Citigroup, Inc. | 23,086 |
52 | Citizens Financial Group, Inc. | 1,701 |
83 | East West Bancorp, Inc. | 6,043 |
9 | First Citizens BancShares, Inc., Class A | 13,590 |
266 | First Financial Bancorp | 5,964 |
684 | FNB Corp. | 9,015 |
440 | Fulton Financial Corp. | 6,860 |
149 | International Bancshares Corp. | 7,876 |
133 | JPMorgan Chase & Co. | 23,190 |
41 | PNC Financial Services Group, Inc. | 6,200 |
76 | Regions Financial Corp. | 1,419 |
450 | Truist Financial Corp. | 16,677 |
140 | Webster Financial Corp. | 6,927 |
507 | Wells Fargo & Co. | 25,441 |
196,062 | ||
Beverages — 0.5% | ||
25 | Boston Beer Co., Inc., Class A(a) | 8,732 |
92 | Coca-Cola Co. | 5,473 |
71 | Keurig Dr Pepper, Inc. | 2,232 |
594 | Monster Beverage Corp.(a) | 32,682 |
57 | PepsiCo, Inc. | 9,606 |
58,725 | ||
Biotechnology — 0.9% | ||
59 | AbbVie, Inc. | 9,700 |
105 | Alnylam Pharmaceuticals, Inc.(a) | 18,156 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
16 | Amgen, Inc. | $5,028 |
6 | Biogen, Inc.(a) | 1,480 |
120 | CRISPR Therapeutics AG(a) | 7,554 |
68 | Cytokinetics, Inc.(a) | 5,313 |
86 | Gilead Sciences, Inc. | 6,730 |
78 | Halozyme Therapeutics, Inc.(a) | 2,640 |
28 | Incyte Corp.(a) | 1,646 |
43 | Neurocrine Biosciences, Inc.(a) | 6,010 |
26 | Regeneron Pharmaceuticals, Inc.(a) | 24,512 |
12 | United Therapeutics Corp.(a) | 2,577 |
5 | Vertex Pharmaceuticals, Inc.(a) | 2,167 |
93,513 | ||
Broadline Retail — 1.1% | ||
96 | Alibaba Group Holding Ltd., ADR | 6,928 |
609 | Amazon.com, Inc.(a) | 94,517 |
268 | eBay, Inc. | 11,007 |
112,452 | ||
Building Products — 0.5% | ||
18 | Carlisle Cos., Inc. | 5,657 |
46 | Carrier Global Corp. | 2,517 |
182 | Fortune Brands Innovations, Inc. | 14,122 |
14 | Lennox International, Inc. | 5,994 |
253 | Masco Corp. | 17,024 |
55 | Owens Corning | 8,334 |
46 | Trex Co., Inc.(a) | 3,748 |
57,396 | ||
Capital Markets — 2.2% | ||
395 | Bank of New York Mellon Corp. | 21,907 |
19 | BlackRock, Inc. | 14,712 |
28 | Cboe Global Markets, Inc. | 5,148 |
359 | Charles Schwab Corp. | 22,588 |
37 | CME Group, Inc. | 7,616 |
29 | FactSet Research Systems, Inc. | 13,802 |
48 | Goldman Sachs Group, Inc. | 18,432 |
250 | Intercontinental Exchange, Inc. | 31,832 |
126 | Janus Henderson Group PLC | 3,624 |
281 | KKR & Co., Inc. | 24,329 |
21 | Moody's Corp. | 8,233 |
39 | Morgan Stanley | 3,402 |
24 | MSCI, Inc. | 14,367 |
15 | Northern Trust Corp. | 1,195 |
19 | S&P Global, Inc. | 8,519 |
181 | SEI Investments Co. | 11,446 |
250 | State Street Corp. | 18,467 |
14 | T. Rowe Price Group, Inc. | 1,518 |
23 | Virtus Investment Partners, Inc. | 5,431 |
236,568 | ||
Chemicals — 0.6% | ||
5 | Air Products & Chemicals, Inc. | 1,279 |
71 | Celanese Corp. | 10,387 |
324 | Corteva, Inc. | 14,735 |
21 | DuPont de Nemours, Inc. | 1,298 |
27 | Ecolab, Inc. | 5,352 |
65 | HB Fuller Co. | 4,925 |
48 | Innospec, Inc. | 5,573 |
23 | Linde PLC | 9,311 |
55 | Minerals Technologies, Inc. | 3,594 |
Shares | Description | Value (†) |
Chemicals — continued | ||
8 | Sherwin-Williams Co. | $2,435 |
34 | Stepan Co. | 3,035 |
61,924 | ||
Commercial Services & Supplies — 0.1% | ||
33 | MSA Safety, Inc. | 5,446 |
11 | Waste Management, Inc. | 2,042 |
7,488 | ||
Communications Equipment — 0.2% | ||
79 | Ciena Corp.(a) | 4,187 |
173 | Cisco Systems, Inc. | 8,681 |
25 | F5, Inc.(a) | 4,593 |
8 | Motorola Solutions, Inc. | 2,556 |
20,017 | ||
Construction & Engineering — 0.1% | ||
113 | AECOM | 9,965 |
Construction Materials — 0.1% | ||
9 | Martin Marietta Materials, Inc. | 4,576 |
22 | Vulcan Materials Co. | 4,972 |
9,548 | ||
Consumer Finance — 0.9% | ||
803 | Ally Financial, Inc. | 29,454 |
148 | American Express Co. | 29,709 |
225 | Capital One Financial Corp. | 30,447 |
47 | Synchrony Financial | 1,827 |
91,437 | ||
Consumer Staples Distribution & Retail — 0.7% | ||
65 | BJ's Wholesale Club Holdings, Inc.(a) | 4,182 |
16 | Casey's General Stores, Inc. | 4,342 |
15 | Costco Wholesale Corp. | 10,423 |
727 | Kroger Co. | 33,544 |
113 | Sprouts Farmers Market, Inc.(a) | 5,692 |
14 | Target Corp. | 1,947 |
73 | Walmart, Inc. | 12,063 |
72,193 | ||
Containers & Packaging — 0.1% | ||
18 | Ball Corp. | 998 |
66 | Crown Holdings, Inc. | 5,841 |
107 | Sonoco Products Co. | 6,088 |
12,927 | ||
Distributors — 0.0% | ||
15 | Genuine Parts Co. | 2,103 |
Diversified Consumer Services — 0.1% | ||
39 | Grand Canyon Education, Inc.(a) | 5,093 |
80 | Service Corp. International | 5,370 |
10,463 | ||
Diversified REITs — 0.0% | ||
193 | American Assets Trust, Inc. | 4,329 |
Diversified Telecommunication Services — 0.2% | ||
398 | AT&T, Inc. | 7,041 |
66 | Iridium Communications, Inc. | 2,393 |
276 | Verizon Communications, Inc. | 11,688 |
21,122 | ||
Electric Utilities — 0.2% | ||
80 | American Electric Power Co., Inc. | 6,251 |
100 | Evergy, Inc. | 5,077 |
68 | Eversource Energy | 3,687 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
54 | Exelon Corp. | $1,880 |
68 | FirstEnergy Corp. | 2,494 |
43 | IDACORP, Inc. | 3,981 |
23,370 | ||
Electrical Equipment — 0.2% | ||
36 | Eaton Corp. PLC | 8,859 |
57 | Emerson Electric Co. | 5,229 |
103 | nVent Electric PLC | 6,184 |
36 | Regal Rexnord Corp. | 4,804 |
25,076 | ||
Electronic Equipment, Instruments & Components — 0.4% | ||
50 | Advanced Energy Industries, Inc. | 5,209 |
47 | Amphenol Corp., Class A | 4,752 |
106 | Avnet, Inc. | 4,802 |
92 | Cognex Corp. | 3,325 |
22 | Corning, Inc. | 715 |
269 | Knowles Corp.(a) | 4,387 |
16 | Littelfuse, Inc. | 3,870 |
90 | TE Connectivity Ltd. | 12,797 |
6 | Teledyne Technologies, Inc.(a) | 2,511 |
7 | Zebra Technologies Corp., Class A(a) | 1,677 |
44,045 | ||
Energy Equipment & Services — 0.1% | ||
141 | ChampionX Corp. | 3,865 |
305 | NOV, Inc. | 5,951 |
72 | Schlumberger NV | 3,506 |
13,322 | ||
Entertainment — 1.0% | ||
26 | Electronic Arts, Inc. | 3,577 |
83 | Netflix, Inc.(a) | 46,821 |
15 | Take-Two Interactive Software, Inc.(a) | 2,474 |
427 | Walt Disney Co. | 41,013 |
1,326 | Warner Bros Discovery, Inc.(a) | 13,287 |
107,172 | ||
Financial Services — 1.3% | ||
140 | Block, Inc.(a) | 9,101 |
170 | Fiserv, Inc.(a) | 24,118 |
102 | Global Payments, Inc. | 13,589 |
10 | Jack Henry & Associates, Inc. | 1,658 |
21 | Mastercard, Inc., Class A | 9,434 |
433 | MGIC Investment Corp. | 8,591 |
179 | PayPal Holdings, Inc.(a) | 10,982 |
197 | Visa, Inc., Class A | 53,832 |
101 | Voya Financial, Inc. | 7,309 |
22 | WEX, Inc.(a) | 4,497 |
143,111 | ||
Food Products — 0.5% | ||
58 | Campbell Soup Co. | 2,589 |
87 | Conagra Brands, Inc. | 2,536 |
64 | Darling Ingredients, Inc.(a) | 2,771 |
102 | General Mills, Inc. | 6,621 |
15 | Hershey Co. | 2,903 |
98 | Hormel Foods Corp. | 2,976 |
43 | Ingredion, Inc. | 4,626 |
19 | J M Smucker Co. | 2,499 |
65 | Kellanova | 3,559 |
197 | Kraft Heinz Co. | 7,315 |
Shares | Description | Value (†) |
Food Products — continued | ||
43 | McCormick & Co., Inc. | $2,931 |
109 | Mondelez International, Inc., Class A | 8,204 |
49,530 | ||
Gas Utilities — 0.1% | ||
37 | Atmos Energy Corp. | 4,216 |
121 | New Jersey Resources Corp. | 4,940 |
54 | ONE Gas, Inc. | 3,314 |
12,470 | ||
Ground Transportation — 0.3% | ||
143 | CSX Corp. | 5,105 |
11 | JB Hunt Transport Services, Inc. | 2,211 |
21 | Norfolk Southern Corp. | 4,940 |
31 | Ryder System, Inc. | 3,521 |
12 | Saia, Inc.(a) | 5,407 |
31 | Uber Technologies, Inc.(a) | 2,023 |
15 | Union Pacific Corp. | 3,659 |
52 | XPO, Inc.(a) | 4,443 |
31,309 | ||
Health Care Equipment & Supplies — 0.7% | ||
83 | Abbott Laboratories | 9,391 |
5 | Align Technology, Inc.(a) | 1,337 |
259 | Baxter International, Inc. | 10,021 |
20 | Becton Dickinson & Co. | 4,776 |
27 | Edwards Lifesciences Corp.(a) | 2,119 |
10 | GE HealthCare Technologies, Inc. | 734 |
49 | Globus Medical, Inc., Class A(a) | 2,587 |
35 | Haemonetics Corp.(a) | 2,676 |
40 | Intuitive Surgical, Inc.(a) | 15,129 |
58 | LeMaitre Vascular, Inc. | 3,366 |
74 | Medtronic PLC | 6,478 |
91 | Merit Medical Systems, Inc.(a) | 7,125 |
17 | Penumbra, Inc.(a) | 4,287 |
13 | Shockwave Medical, Inc.(a) | 2,941 |
10 | Stryker Corp. | 3,355 |
76,322 | ||
Health Care Providers & Services — 1.0% | ||
70 | Acadia Healthcare Co., Inc.(a) | 5,750 |
35 | Cardinal Health, Inc. | 3,822 |
280 | Centene Corp.(a) | 21,087 |
10 | Chemed Corp. | 5,928 |
21 | Cigna Group | 6,320 |
196 | CVS Health Corp. | 14,576 |
15 | Elevance Health, Inc. | 7,401 |
50 | HCA Healthcare, Inc. | 15,245 |
33 | Henry Schein, Inc.(a) | 2,470 |
4 | Humana, Inc. | 1,512 |
10 | Laboratory Corp. of America Holdings | 2,223 |
5 | McKesson Corp. | 2,499 |
125 | Select Medical Holdings Corp. | 3,249 |
31 | UnitedHealth Group, Inc. | 15,864 |
107,946 | ||
Health Care REITs — 0.0% | ||
309 | Physicians Realty Trust | 3,782 |
Health Care Technology — 0.3% | ||
442 | Doximity, Inc., Class A(a) | 11,912 |
79 | Veeva Systems, Inc., Class A(a) | 16,385 |
28,297 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
80 | Host Hotels & Resorts, Inc. | $1,538 |
Hotels, Restaurants & Leisure — 0.7% | ||
131 | Aramark | 3,810 |
1 | Booking Holdings, Inc.(a) | 3,507 |
1 | Chipotle Mexican Grill, Inc.(a) | 2,409 |
42 | Hilton Worldwide Holdings, Inc. | 8,020 |
48 | Marriott Vacations Worldwide Corp. | 4,027 |
31 | McDonald's Corp. | 9,074 |
210 | Starbucks Corp. | 19,536 |
109 | Travel & Leisure Co. | 4,406 |
18 | Wingstop, Inc. | 5,060 |
195 | Yum China Holdings, Inc. | 6,745 |
84 | Yum! Brands, Inc. | 10,877 |
77,471 | ||
Household Durables — 0.2% | ||
107 | KB Home | 6,376 |
42 | Meritage Homes Corp. | 6,956 |
40 | PulteGroup, Inc. | 4,182 |
138 | Taylor Morrison Home Corp.(a) | 7,195 |
24,709 | ||
Household Products — 0.3% | ||
65 | Church & Dwight Co., Inc. | 6,490 |
28 | Colgate-Palmolive Co. | 2,358 |
167 | Energizer Holdings, Inc. | 5,280 |
120 | Procter & Gamble Co. | 18,857 |
32,985 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
154 | AES Corp. | 2,569 |
Industrial Conglomerates — 0.2% | ||
17 | 3M Co. | 1,604 |
91 | General Electric Co. | 12,050 |
48 | Honeywell International, Inc. | 9,709 |
23,363 | ||
Industrial REITs — 0.1% | ||
31 | Prologis, Inc. | 3,928 |
151 | Rexford Industrial Realty, Inc. | 7,941 |
11,869 | ||
Insurance — 1.2% | ||
14 | Allstate Corp. | 2,174 |
339 | American International Group, Inc. | 23,564 |
48 | Arch Capital Group Ltd.(a) | 3,957 |
28 | Arthur J Gallagher & Co. | 6,500 |
15 | Assurant, Inc. | 2,519 |
118 | Assured Guaranty Ltd. | 9,573 |
21 | Chubb Ltd. | 5,145 |
77 | First American Financial Corp. | 4,647 |
46 | Hanover Insurance Group, Inc. | 6,072 |
51 | Hartford Financial Services Group, Inc. | 4,435 |
20 | Marsh & McLennan Cos., Inc. | 3,877 |
36 | Prudential Financial, Inc. | 3,777 |
92 | Reinsurance Group of America, Inc. | 15,998 |
66 | Selective Insurance Group, Inc. | 6,921 |
35 | Travelers Cos., Inc. | 7,398 |
92 | Willis Towers Watson PLC | 22,660 |
129,217 | ||
Interactive Media & Services — 1.9% | ||
328 | Alphabet, Inc., Class A(a) | 45,953 |
444 | Alphabet, Inc., Class C(a) | 62,959 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
217 | Meta Platforms, Inc., Class A(a) | $84,660 |
130 | Yelp, Inc.(a) | 5,685 |
137 | ZoomInfo Technologies, Inc.(a) | 2,198 |
201,455 | ||
IT Services — 0.4% | ||
25 | Accenture PLC, Class A | 9,097 |
73 | Cognizant Technology Solutions Corp., Class A | 5,630 |
70 | GoDaddy, Inc., Class A(a) | 7,466 |
53 | International Business Machines Corp. | 9,734 |
191 | Shopify, Inc., Class A(a) | 15,293 |
47,220 | ||
Leisure Products — 0.1% | ||
234 | Mattel, Inc.(a) | 4,186 |
57 | YETI Holdings, Inc.(a) | 2,507 |
6,693 | ||
Life Sciences Tools & Services — 0.6% | ||
14 | Agilent Technologies, Inc. | 1,821 |
55 | Danaher Corp. | 13,195 |
86 | Illumina, Inc.(a) | 12,299 |
101 | IQVIA Holdings, Inc.(a) | 21,031 |
24 | Repligen Corp.(a) | 4,546 |
16 | Thermo Fisher Scientific, Inc. | 8,624 |
61,516 | ||
Machinery — 0.7% | ||
33 | AGCO Corp. | 4,037 |
11 | Caterpillar, Inc. | 3,303 |
22 | Chart Industries, Inc.(a) | 2,568 |
5 | Cummins, Inc. | 1,197 |
15 | Deere & Co. | 5,904 |
28 | Dover Corp. | 4,194 |
45 | Fortive Corp. | 3,518 |
106 | Graco, Inc. | 9,042 |
9 | Illinois Tool Works, Inc. | 2,348 |
74 | ITT, Inc. | 8,938 |
44 | Oshkosh Corp. | 4,844 |
10 | Parker-Hannifin Corp. | 4,645 |
52 | SPX Technologies, Inc.(a) | 5,233 |
74 | Terex Corp. | 4,546 |
65 | Toro Co. | 6,011 |
70,328 | ||
Media — 0.6% | ||
45 | Charter Communications, Inc., Class A(a) | 16,682 |
524 | Comcast Corp., Class A | 24,387 |
147 | Interpublic Group of Cos., Inc. | 4,850 |
101 | Liberty Broadband Corp., Class C(a) | 7,923 |
67 | Omnicom Group, Inc. | 6,055 |
59,897 | ||
Metals & Mining — 0.2% | ||
152 | Alcoa Corp. | 4,522 |
253 | Cleveland-Cliffs, Inc.(a) | 5,072 |
74 | Commercial Metals Co. | 3,864 |
25 | Newmont Corp. | 863 |
23 | Reliance Steel & Aluminum Co. | 6,565 |
98 | U.S. Steel Corp. | 4,608 |
25,494 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.1% | ||
531 | Annaly Capital Management, Inc. | $10,190 |
225 | KKR Real Estate Finance Trust, Inc. | 2,754 |
12,944 | ||
Multi-Utilities — 0.1% | ||
54 | Consolidated Edison, Inc. | 4,909 |
23 | DTE Energy Co. | 2,425 |
15 | WEC Energy Group, Inc. | 1,211 |
8,545 | ||
Office REITs — 0.2% | ||
267 | COPT Defense Properties | 6,290 |
183 | Douglas Emmett, Inc. | 2,480 |
261 | Easterly Government Properties, Inc. | 3,205 |
227 | Highwoods Properties, Inc. | 5,214 |
163 | Kilroy Realty Corp. | 5,829 |
23,018 | ||
Oil, Gas & Consumable Fuels — 1.6% | ||
371 | Antero Midstream Corp. | 4,541 |
103 | Antero Resources Corp.(a) | 2,301 |
577 | APA Corp. | 18,077 |
85 | Chevron Corp. | 12,532 |
184 | CNX Resources Corp.(a) | 3,717 |
243 | ConocoPhillips | 27,184 |
67 | Devon Energy Corp. | 2,815 |
187 | EOG Resources, Inc. | 21,279 |
183 | Exxon Mobil Corp. | 18,814 |
19 | Hess Corp. | 2,670 |
74 | HF Sinclair Corp. | 4,180 |
269 | Kinder Morgan, Inc. | 4,552 |
47 | ONEOK, Inc. | 3,208 |
115 | Ovintiv, Inc. | 4,878 |
174 | Phillips 66 | 25,110 |
129 | Range Resources Corp. | 3,746 |
530 | Southwestern Energy Co.(a) | 3,419 |
17 | Valero Energy Corp. | 2,361 |
94 | Williams Cos., Inc. | 3,258 |
168,642 | ||
Passenger Airlines — 0.1% | ||
140 | Delta Air Lines, Inc. | 5,480 |
Personal Care Products — 0.0% | ||
9 | Estee Lauder Cos., Inc., Class A | 1,188 |
Pharmaceuticals — 0.9% | ||
140 | Bristol-Myers Squibb Co. | 6,842 |
13 | Eli Lilly & Co. | 8,393 |
32 | Jazz Pharmaceuticals PLC(a) | 3,927 |
125 | Johnson & Johnson | 19,863 |
108 | Merck & Co., Inc. | 13,044 |
74 | Novartis AG, ADR | 7,657 |
149 | Novo Nordisk AS, ADR | 17,096 |
76 | Perrigo Co. PLC | 2,438 |
293 | Pfizer, Inc. | 7,934 |
222 | Roche Holding AG, ADR | 7,801 |
34 | Zoetis, Inc. | 6,386 |
101,381 | ||
Professional Services — 0.3% | ||
11 | Automatic Data Processing, Inc. | 2,704 |
42 | Equifax, Inc. | 10,262 |
45 | Exponent, Inc. | 3,968 |
60 | Korn Ferry | 3,520 |
Shares | Description | Value (†) |
Professional Services — continued | ||
23 | Leidos Holdings, Inc. | $2,541 |
12 | Paychex, Inc. | 1,461 |
24 | Paylocity Holding Corp.(a) | 3,802 |
28,258 | ||
Real Estate Management & Development — 0.3% | ||
273 | CBRE Group, Inc., Class A(a) | 23,562 |
30 | Jones Lang LaSalle, Inc.(a) | 5,312 |
28,874 | ||
Residential REITs — 0.1% | ||
16 | AvalonBay Communities, Inc. | 2,864 |
26 | Camden Property Trust | 2,440 |
5,304 | ||
Retail REITs — 0.2% | ||
441 | Brixmor Property Group, Inc. | 9,896 |
155 | NNN REIT, Inc. | 6,253 |
15 | Simon Property Group, Inc. | 2,079 |
18,228 | ||
Semiconductors & Semiconductor Equipment — 1.8% | ||
33 | Advanced Micro Devices, Inc.(a) | 5,534 |
36 | Analog Devices, Inc. | 6,925 |
188 | ARM Holdings PLC, ADR(a) | 13,286 |
7 | Broadcom, Inc. | 8,260 |
225 | Intel Corp. | 9,693 |
65 | Lattice Semiconductor Corp.(a) | 3,956 |
37 | Micron Technology, Inc. | 3,173 |
158 | NVIDIA Corp. | 97,213 |
34 | Onto Innovation, Inc.(a) | 5,491 |
22 | Qorvo, Inc.(a) | 2,194 |
128 | QUALCOMM, Inc. | 19,009 |
26 | Silicon Laboratories, Inc.(a) | 3,207 |
42 | Synaptics, Inc.(a) | 4,486 |
43 | Texas Instruments, Inc. | 6,885 |
26 | Universal Display Corp. | 4,414 |
193,726 | ||
Software — 2.7% | ||
9 | Adobe, Inc.(a) | 5,560 |
18 | ANSYS, Inc.(a) | 5,901 |
122 | Autodesk, Inc.(a) | 30,965 |
12 | Cadence Design Systems, Inc.(a) | 3,462 |
96 | Dynatrace, Inc.(a) | 5,472 |
6 | Intuit, Inc. | 3,788 |
35 | Manhattan Associates, Inc.(a) | 8,490 |
195 | Microsoft Corp. | 77,528 |
435 | Oracle Corp. | 48,589 |
8 | Palo Alto Networks, Inc.(a) | 2,708 |
17 | PTC, Inc.(a) | 3,071 |
24 | Qualys, Inc.(a) | 4,540 |
17 | Roper Technologies, Inc. | 9,129 |
163 | Salesforce, Inc.(a) | 45,818 |
7 | ServiceNow, Inc.(a) | 5,358 |
22 | SPS Commerce, Inc.(a) | 4,044 |
7 | Synopsys, Inc.(a) | 3,733 |
7 | Tyler Technologies, Inc.(a) | 2,959 |
73 | Workday, Inc., Class A(a) | 21,248 |
292,363 | ||
Specialized REITs — 0.1% | ||
8 | American Tower Corp. | 1,565 |
15 | Crown Castle, Inc. | 1,624 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
10 | Digital Realty Trust, Inc. | $1,405 |
3 | Equinix, Inc. | 2,489 |
44 | Weyerhaeuser Co. | 1,442 |
8,525 | ||
Specialty Retail — 0.5% | ||
15 | Asbury Automotive Group, Inc.(a) | 3,136 |
33 | Burlington Stores, Inc.(a) | 6,308 |
23 | Dick's Sporting Goods, Inc. | 3,429 |
23 | Five Below, Inc.(a) | 4,127 |
59 | Floor & Decor Holdings, Inc., Class A(a) | 5,933 |
32 | Home Depot, Inc. | 11,295 |
14 | Lithia Motors, Inc. | 4,128 |
19 | Lowe's Cos., Inc. | 4,044 |
21 | Ross Stores, Inc. | 2,946 |
83 | TJX Cos., Inc. | 7,877 |
23 | Williams-Sonoma, Inc. | 4,448 |
57,671 | ||
Technology Hardware, Storage & Peripherals — 0.4% | ||
228 | Apple, Inc. | 42,043 |
98 | Hewlett Packard Enterprise Co. | 1,498 |
53 | HP, Inc. | 1,522 |
24 | NetApp, Inc. | 2,093 |
47,156 | ||
Textiles, Apparel & Luxury Goods — 0.3% | ||
27 | Crocs, Inc.(a) | 2,740 |
11 | Deckers Outdoor Corp.(a) | 8,291 |
63 | NIKE, Inc., Class B | 6,397 |
42 | PVH Corp. | 5,051 |
731 | Under Armour, Inc., Class A(a) | 5,570 |
458 | Under Armour, Inc., Class C(a) | 3,389 |
31,438 | ||
Trading Companies & Distributors — 0.1% | ||
30 | GATX Corp. | 3,679 |
19 | Watsco, Inc. | 7,429 |
11,108 | ||
Water Utilities — 0.1% | ||
51 | American States Water Co. | 3,805 |
13 | American Water Works Co., Inc. | 1,612 |
100 | Essential Utilities, Inc. | 3,586 |
9,003 | ||
Total Common Stocks (Identified Cost $3,445,918) | 3,788,431 |
Principal Amount | ||
Bonds and Notes — 19.3% | ||
Apartment REITs — 0.1% | ||
$9,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 8,033 |
Automotive — 0.5% | ||
39,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 38,408 |
8,000 | Lear Corp., 4.250%, 5/15/2029 | 7,725 |
13,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 11,408 |
57,541 | ||
Banking — 2.8% | ||
25,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 23,902 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$15,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | $14,998 |
9,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 8,993 |
21,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 19,346 |
32,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 31,747 |
20,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 19,657 |
16,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 15,969 |
17,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 14,621 |
7,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 6,566 |
10,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 9,178 |
9,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 8,771 |
23,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 21,808 |
31,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 30,805 |
10,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 9,868 |
7,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 6,937 |
15,000 | State Street Corp., 2.400%, 1/24/2030 | 13,387 |
9,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 7,504 |
19,000 | Truist Bank, 3.200%, 4/01/2024 | 18,921 |
21,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 20,445 |
303,423 | ||
Brokerage — 0.3% | ||
22,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 19,425 |
24,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 16,649 |
36,074 | ||
Building Materials — 0.3% | ||
17,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 15,716 |
22,000 | Owens Corning, 3.950%, 8/15/2029 | 21,004 |
36,720 | ||
Chemicals — 0.2% | ||
26,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 21,776 |
4,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 3,798 |
25,574 | ||
Consumer Products — 0.1% | ||
14,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 13,058 |
Diversified Manufacturing — 0.3% | ||
22,000 | Eaton Corp., 4.150%, 3/15/2033 | 21,220 |
10,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 8,948 |
30,168 | ||
Electric — 1.1% | ||
14,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 12,695 |
16,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 15,933 |
27,000 | Entergy Corp., 0.900%, 9/15/2025 | 25,282 |
14,000 | Exelon Corp., 4.050%, 4/15/2030 | 13,353 |
22,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 18,800 |
7,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 6,690 |
5,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 4,115 |
24,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 23,292 |
120,160 |
Principal Amount | Description | Value (†) |
Environmental — 0.2% | ||
$12,000 | Republic Services, Inc., 1.450%, 2/15/2031 | $9,669 |
18,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 13,756 |
23,425 | ||
Finance Companies — 0.3% | ||
14,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 13,485 |
20,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 18,017 |
31,502 | ||
Food & Beverage — 0.7% | ||
26,000 | Coca-Cola Co., 1.450%, 6/01/2027 | 23,770 |
22,000 | General Mills, Inc., 4.000%, 4/17/2025 | 21,728 |
11,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 9,926 |
22,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 20,001 |
75,425 | ||
Government Owned - No Guarantee — 0.4% | ||
12,000 | Equinor ASA, 3.625%, 4/06/2040 | 10,278 |
25,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 28,701 |
38,979 | ||
Health Care REITs — 0.1% | ||
10,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 8,653 |
Health Insurance — 0.3% | ||
17,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 16,692 |
16,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 17,495 |
34,187 | ||
Healthcare — 0.4% | ||
7,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 6,902 |
11,000 | CVS Health Corp., 4.300%, 3/25/2028 | 10,808 |
9,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 8,782 |
7,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 6,710 |
12,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 10,733 |
43,935 | ||
Integrated Energy — 0.4% | ||
23,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 22,556 |
18,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 20,701 |
43,257 | ||
Life Insurance — 0.1% | ||
3,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 3,100 |
10,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 9,267 |
12,367 | ||
Media Entertainment — 0.2% | ||
17,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 16,678 |
Metals & Mining — 0.1% | ||
14,000 | Nucor Corp., 3.125%, 4/01/2032 | 12,508 |
Mortgage Related — 4.6% | ||
53,163 | Federal Home Loan Mortgage Corp., 2.500%, 2/01/2052 | 44,781 |
49,645 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities in 2052(c) | 43,471 |
41,563 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities from 2049 to 2052(c) | 37,879 |
6,507 | Federal Home Loan Mortgage Corp., 4.000%, with various maturities in 2052(c) | 6,127 |
92,699 | Federal National Mortgage Association, 2.000%, with various maturities from 2050 to 2052(c) | 74,954 |
73,037 | Federal National Mortgage Association, 2.500%, with various maturities from 2050 to 2051(c) | 61,766 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$68,914 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | $60,799 |
40,757 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 37,211 |
39,727 | Federal National Mortgage Association, 4.000%, with various maturities from 2049 to 2053(c) | 37,409 |
11,804 | Federal National Mortgage Association, 4.500%, with various maturities from 2048 to 2053(c) | 11,445 |
18,016 | Government National Mortgage Association, 3.000%, 6/20/2052 | 16,088 |
9,849 | Government National Mortgage Association, 4.000%, 8/20/2053 | 9,353 |
8,881 | Government National Mortgage Association, 5.000%, 7/20/2053 | 8,820 |
42,536 | Government National Mortgage Association, 5.500%, 4/20/2053 | 42,811 |
492,914 | ||
Office REITs — 0.3% | ||
23,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 22,466 |
8,000 | Boston Properties LP, 2.750%, 10/01/2026 | 7,457 |
29,923 | ||
Oil Field Services — 0.1% | ||
16,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 15,246 |
Other REITs — 0.1% | ||
13,000 | Prologis LP, 1.250%, 10/15/2030 | 10,503 |
Pharmaceuticals — 0.6% | ||
25,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 21,474 |
9,000 | Biogen, Inc., 2.250%, 5/01/2030 | 7,672 |
14,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 13,265 |
9,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 7,521 |
16,000 | Viatris, Inc., 3.850%, 6/22/2040 | 12,110 |
62,042 | ||
Property & Casualty Insurance — 0.2% | ||
7,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 6,269 |
14,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 12,019 |
18,288 | ||
Railroads — 0.3% | ||
32,000 | CSX Corp., 2.600%, 11/01/2026 | 30,471 |
Restaurants — 0.2% | ||
18,000 | Starbucks Corp., 2.250%, 3/12/2030 | 15,702 |
Retail REITs — 0.2% | ||
8,000 | Realty Income Corp., 2.700%, 2/15/2032 | 6,700 |
10,000 | Realty Income Corp., 3.400%, 1/15/2028 | 9,522 |
16,222 | ||
Retailers — 0.4% | ||
15,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 13,819 |
24,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 21,059 |
11,000 | Walmart, Inc., 4.100%, 4/15/2033 | 10,755 |
45,633 | ||
Technology — 1.1% | ||
29,000 | Apple, Inc., 2.500%, 2/09/2025 | 28,338 |
6,000 | Broadcom, Inc., 3.137%, 11/15/2035(b) | 4,932 |
12,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 11,573 |
12,000 | Intel Corp., 2.450%, 11/15/2029 | 10,741 |
17,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 14,791 |
Principal Amount | Description | Value (†) |
Technology — continued | ||
$12,000 | NVIDIA Corp., 2.850%, 4/01/2030 | $11,023 |
20,000 | Oracle Corp., 2.950%, 5/15/2025 | 19,470 |
22,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 17,642 |
118,510 | ||
Treasuries — 1.9% | ||
30,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 15,618 |
18,000 | U.S. Treasury Bonds, 2.250%, 5/15/2041 | 13,517 |
16,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 11,755 |
38,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 29,842 |
56,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 45,485 |
28,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 22,310 |
41,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 32,572 |
28,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 28,201 |
199,300 | ||
Utility Other — 0.1% | ||
16,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 13,326 |
Wireless — 0.2% | ||
16,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 17,296 |
Wirelines — 0.1% | ||
17,000 | AT&T, Inc., 3.650%, 6/01/2051 | 12,678 |
Total Bonds and Notes (Identified Cost $2,198,904) | 2,069,721 |
Shares | ||
Exchange-Traded Funds — 5.0% | ||
7,053 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $530,509) | 530,738 |
Mutual Funds — 7.4% | ||
20,502 | WCM Focused Emerging Markets Fund, Institutional Class | 260,785 |
22,971 | WCM Focused International Growth Fund, Institutional Class | 534,761 |
Total Mutual Funds (Identified Cost $858,404) | 795,546 | |
Affiliated Mutual Funds — 31.0% | ||
82,162 | Loomis Sayles Inflation Protected Securities Fund, Class N | 793,683 |
88,607 | Loomis Sayles Limited Term Government & Agency Fund, Class N | 957,838 |
121,480 | Mirova Global Green Bond Fund, Class N | 1,031,368 |
45,219 | Mirova International Sustainable Equity Fund, Class N | 535,849 |
Total Affiliated Mutual Funds (Identified Cost $3,509,659) | 3,318,738 |
Principal Amount | Description | Value (†) |
Short-Term Investments — 2.2% | ||
$234,811 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $234,834 on 2/01/2024 collateralized by $240,100 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $239,687 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $234,811) | $234,811 |
Total Investments — 100.3% (Identified Cost $10,778,205) | 10,737,985 | |
Other assets less liabilities — (0.3)% | (30,739 ) | |
Net Assets — 100.0% | $10,707,246 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $39,749 or 0.4% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation and Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 52.8 % |
Fixed Income | 45.3 |
Short-Term Investments | 2.2 |
Total Investments | 100.3 |
Other assets less liabilities | (0.3 ) |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 40.1% of Net Assets | ||
Aerospace & Defense — 0.8% | ||
160 | AAR Corp.(a) | $9,731 |
406 | Boeing Co.(a) | 85,682 |
32 | L3Harris Technologies, Inc. | 6,669 |
27 | Lockheed Martin Corp. | 11,594 |
65 | Moog, Inc., Class A | 9,087 |
10 | Northrop Grumman Corp. | 4,468 |
99 | RTX Corp. | 9,021 |
136,252 | ||
Air Freight & Logistics — 0.3% | ||
217 | Expeditors International of Washington, Inc. | 27,414 |
22 | FedEx Corp. | 5,308 |
127 | GXO Logistics, Inc.(a) | 6,906 |
66 | United Parcel Service, Inc., Class B | 9,366 |
48,994 | ||
Automobile Components — 0.5% | ||
32 | Aptiv PLC(a) | 2,603 |
687 | BorgWarner, Inc. | 23,289 |
442 | Dana, Inc. | 5,993 |
427 | Magna International, Inc. | 24,275 |
503 | Mobileye Global, Inc., Class A(a) | 13,008 |
116 | Phinia, Inc. | 3,508 |
59 | Visteon Corp.(a) | 6,802 |
79,478 | ||
Automobiles — 0.8% | ||
1,349 | General Motors Co. | 52,341 |
384 | Tesla, Inc.(a) | 71,920 |
62 | Thor Industries, Inc. | 7,007 |
131,268 | ||
Banks — 2.1% | ||
268 | Ameris Bancorp | 13,303 |
893 | Banc of California, Inc. | 12,306 |
1,503 | Bank of America Corp. | 51,117 |
746 | Citigroup, Inc. | 41,903 |
108 | Citizens Financial Group, Inc. | 3,532 |
152 | East West Bancorp, Inc. | 11,067 |
17 | First Citizens BancShares, Inc., Class A | 25,670 |
485 | First Financial Bancorp | 10,874 |
1,246 | FNB Corp. | 16,422 |
803 | Fulton Financial Corp. | 12,519 |
271 | International Bancshares Corp. | 14,325 |
245 | JPMorgan Chase & Co. | 42,718 |
73 | PNC Financial Services Group, Inc. | 11,038 |
133 | Regions Financial Corp. | 2,483 |
820 | Truist Financial Corp. | 30,389 |
256 | Webster Financial Corp. | 12,667 |
923 | Wells Fargo & Co. | 46,316 |
358,649 | ||
Beverages — 0.6% | ||
47 | Boston Beer Co., Inc., Class A(a) | 16,416 |
163 | Coca-Cola Co. | 9,697 |
146 | Keurig Dr Pepper, Inc. | 4,590 |
1,104 | Monster Beverage Corp.(a) | 60,742 |
107 | PepsiCo, Inc. | 18,033 |
109,478 | ||
Biotechnology — 1.0% | ||
109 | AbbVie, Inc. | 17,920 |
195 | Alnylam Pharmaceuticals, Inc.(a) | 33,717 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
29 | Amgen, Inc. | $9,114 |
13 | Biogen, Inc.(a) | 3,207 |
220 | CRISPR Therapeutics AG(a) | 13,849 |
119 | Cytokinetics, Inc.(a) | 9,297 |
157 | Gilead Sciences, Inc. | 12,287 |
135 | Halozyme Therapeutics, Inc.(a) | 4,570 |
61 | Incyte Corp.(a) | 3,585 |
76 | Neurocrine Biosciences, Inc.(a) | 10,622 |
49 | Regeneron Pharmaceuticals, Inc.(a) | 46,196 |
23 | United Therapeutics Corp.(a) | 4,940 |
9 | Vertex Pharmaceuticals, Inc.(a) | 3,900 |
173,204 | ||
Broadline Retail — 1.2% | ||
177 | Alibaba Group Holding Ltd., ADR | 12,774 |
1,132 | Amazon.com, Inc.(a) | 175,686 |
499 | eBay, Inc. | 20,494 |
208,954 | ||
Building Products — 0.6% | ||
34 | Carlisle Cos., Inc. | 10,685 |
81 | Carrier Global Corp. | 4,431 |
332 | Fortune Brands Innovations, Inc. | 25,760 |
27 | Lennox International, Inc. | 11,560 |
461 | Masco Corp. | 31,021 |
102 | Owens Corning | 15,456 |
85 | Trex Co., Inc.(a) | 6,926 |
105,839 | ||
Capital Markets — 2.5% | ||
721 | Bank of New York Mellon Corp. | 39,987 |
34 | BlackRock, Inc. | 26,326 |
52 | Cboe Global Markets, Inc. | 9,560 |
655 | Charles Schwab Corp. | 41,213 |
68 | CME Group, Inc. | 13,997 |
54 | FactSet Research Systems, Inc. | 25,700 |
86 | Goldman Sachs Group, Inc. | 33,025 |
458 | Intercontinental Exchange, Inc. | 58,317 |
218 | Janus Henderson Group PLC | 6,270 |
513 | KKR & Co., Inc. | 44,415 |
39 | Moody's Corp. | 15,289 |
73 | Morgan Stanley | 6,368 |
45 | MSCI, Inc. | 26,938 |
27 | Northern Trust Corp. | 2,150 |
35 | S&P Global, Inc. | 15,692 |
336 | SEI Investments Co. | 21,249 |
462 | State Street Corp. | 34,128 |
26 | T. Rowe Price Group, Inc. | 2,820 |
42 | Virtus Investment Partners, Inc. | 9,917 |
433,361 | ||
Chemicals — 0.7% | ||
11 | Air Products & Chemicals, Inc. | 2,813 |
131 | Celanese Corp. | 19,164 |
590 | Corteva, Inc. | 26,833 |
40 | DuPont de Nemours, Inc. | 2,472 |
49 | Ecolab, Inc. | 9,713 |
118 | HB Fuller Co. | 8,941 |
84 | Innospec, Inc. | 9,753 |
41 | Linde PLC | 16,598 |
101 | Minerals Technologies, Inc. | 6,600 |
Shares | Description | Value (†) |
Chemicals — continued | ||
14 | Sherwin-Williams Co. | $4,261 |
58 | Stepan Co. | 5,178 |
112,326 | ||
Commercial Services & Supplies — 0.1% | ||
60 | MSA Safety, Inc. | 9,902 |
21 | Waste Management, Inc. | 3,898 |
13,800 | ||
Communications Equipment — 0.2% | ||
144 | Ciena Corp.(a) | 7,632 |
315 | Cisco Systems, Inc. | 15,807 |
42 | F5, Inc.(a) | 7,715 |
14 | Motorola Solutions, Inc. | 4,473 |
35,627 | ||
Construction & Engineering — 0.1% | ||
207 | AECOM | 18,255 |
Construction Materials — 0.1% | ||
17 | Martin Marietta Materials, Inc. | 8,643 |
40 | Vulcan Materials Co. | 9,041 |
17,684 | ||
Consumer Finance — 1.0% | ||
1,464 | Ally Financial, Inc. | 53,700 |
272 | American Express Co. | 54,601 |
413 | Capital One Financial Corp. | 55,887 |
88 | Synchrony Financial | 3,421 |
167,609 | ||
Consumer Staples Distribution & Retail — 0.8% | ||
119 | BJ's Wholesale Club Holdings, Inc.(a) | 7,656 |
28 | Casey's General Stores, Inc. | 7,598 |
28 | Costco Wholesale Corp. | 19,457 |
1,340 | Kroger Co. | 61,827 |
199 | Sprouts Farmers Market, Inc.(a) | 10,024 |
25 | Target Corp. | 3,477 |
132 | Walmart, Inc. | 21,813 |
131,852 | ||
Containers & Packaging — 0.1% | ||
31 | Ball Corp. | 1,719 |
121 | Crown Holdings, Inc. | 10,709 |
196 | Sonoco Products Co. | 11,152 |
23,580 | ||
Distributors — 0.0% | ||
29 | Genuine Parts Co. | 4,067 |
Diversified Consumer Services — 0.1% | ||
71 | Grand Canyon Education, Inc.(a) | 9,272 |
147 | Service Corp. International | 9,867 |
19,139 | ||
Diversified REITs — 0.0% | ||
352 | American Assets Trust, Inc. | 7,895 |
Diversified Telecommunication Services — 0.2% | ||
716 | AT&T, Inc. | 12,666 |
114 | Iridium Communications, Inc. | 4,133 |
502 | Verizon Communications, Inc. | 21,260 |
38,059 | ||
Electric Utilities — 0.2% | ||
146 | American Electric Power Co., Inc. | 11,408 |
176 | Evergy, Inc. | 8,936 |
134 | Eversource Energy | 7,265 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
102 | Exelon Corp. | $3,551 |
119 | FirstEnergy Corp. | 4,365 |
80 | IDACORP, Inc. | 7,406 |
42,931 | ||
Electrical Equipment — 0.3% | ||
68 | Eaton Corp. PLC | 16,734 |
107 | Emerson Electric Co. | 9,815 |
181 | nVent Electric PLC | 10,867 |
66 | Regal Rexnord Corp. | 8,808 |
46,224 | ||
Electronic Equipment, Instruments & Components — 0.5% | ||
92 | Advanced Energy Industries, Inc. | 9,584 |
86 | Amphenol Corp., Class A | 8,695 |
193 | Avnet, Inc. | 8,743 |
155 | Cognex Corp. | 5,602 |
56 | Corning, Inc. | 1,819 |
490 | Knowles Corp.(a) | 7,992 |
30 | Littelfuse, Inc. | 7,257 |
162 | TE Connectivity Ltd. | 23,035 |
11 | Teledyne Technologies, Inc.(a) | 4,603 |
11 | Zebra Technologies Corp., Class A(a) | 2,635 |
79,965 | ||
Energy Equipment & Services — 0.1% | ||
259 | ChampionX Corp. | 7,099 |
556 | NOV, Inc. | 10,848 |
132 | Schlumberger NV | 6,428 |
24,375 | ||
Entertainment — 1.1% | ||
50 | Electronic Arts, Inc. | 6,879 |
154 | Netflix, Inc.(a) | 86,873 |
25 | Take-Two Interactive Software, Inc.(a) | 4,123 |
791 | Walt Disney Co. | 75,976 |
2,444 | Warner Bros Discovery, Inc.(a) | 24,489 |
198,340 | ||
Financial Services — 1.5% | ||
259 | Block, Inc.(a) | 16,837 |
309 | Fiserv, Inc.(a) | 43,838 |
186 | Global Payments, Inc. | 24,781 |
20 | Jack Henry & Associates, Inc. | 3,316 |
38 | Mastercard, Inc., Class A | 17,071 |
789 | MGIC Investment Corp. | 15,654 |
325 | PayPal Holdings, Inc.(a) | 19,939 |
368 | Visa, Inc., Class A | 100,560 |
186 | Voya Financial, Inc. | 13,461 |
42 | WEX, Inc.(a) | 8,584 |
264,041 | ||
Food Products — 0.5% | ||
103 | Campbell Soup Co. | 4,597 |
164 | Conagra Brands, Inc. | 4,781 |
110 | Darling Ingredients, Inc.(a) | 4,763 |
186 | General Mills, Inc. | 12,073 |
29 | Hershey Co. | 5,613 |
170 | Hormel Foods Corp. | 5,163 |
80 | Ingredion, Inc. | 8,606 |
32 | J M Smucker Co. | 4,210 |
116 | Kellanova | 6,352 |
366 | Kraft Heinz Co. | 13,589 |
Shares | Description | Value (†) |
Food Products — continued | ||
78 | McCormick & Co., Inc. | $5,316 |
203 | Mondelez International, Inc., Class A | 15,280 |
90,343 | ||
Gas Utilities — 0.1% | ||
67 | Atmos Energy Corp. | 7,634 |
221 | New Jersey Resources Corp. | 9,023 |
92 | ONE Gas, Inc. | 5,646 |
22,303 | ||
Ground Transportation — 0.3% | ||
283 | CSX Corp. | 10,103 |
20 | JB Hunt Transport Services, Inc. | 4,020 |
40 | Norfolk Southern Corp. | 9,410 |
58 | Ryder System, Inc. | 6,587 |
23 | Saia, Inc.(a) | 10,363 |
57 | Uber Technologies, Inc.(a) | 3,720 |
28 | Union Pacific Corp. | 6,830 |
96 | XPO, Inc.(a) | 8,202 |
59,235 | ||
Health Care Equipment & Supplies — 0.8% | ||
150 | Abbott Laboratories | 16,973 |
10 | Align Technology, Inc.(a) | 2,673 |
471 | Baxter International, Inc. | 18,223 |
37 | Becton Dickinson & Co. | 8,836 |
46 | Edwards Lifesciences Corp.(a) | 3,610 |
24 | GE HealthCare Technologies, Inc. | 1,761 |
85 | Globus Medical, Inc., Class A(a) | 4,487 |
64 | Haemonetics Corp.(a) | 4,893 |
74 | Intuitive Surgical, Inc.(a) | 27,988 |
102 | LeMaitre Vascular, Inc. | 5,920 |
137 | Medtronic PLC | 11,993 |
167 | Merit Medical Systems, Inc.(a) | 13,076 |
32 | Penumbra, Inc.(a) | 8,070 |
25 | Shockwave Medical, Inc.(a) | 5,656 |
18 | Stryker Corp. | 6,039 |
140,198 | ||
Health Care Providers & Services — 1.1% | ||
123 | Acadia Healthcare Co., Inc.(a) | 10,103 |
65 | Cardinal Health, Inc. | 7,097 |
512 | Centene Corp.(a) | 38,559 |
20 | Chemed Corp. | 11,856 |
38 | Cigna Group | 11,436 |
353 | CVS Health Corp. | 26,253 |
27 | Elevance Health, Inc. | 13,323 |
90 | HCA Healthcare, Inc. | 27,441 |
62 | Henry Schein, Inc.(a) | 4,640 |
7 | Humana, Inc. | 2,646 |
18 | Laboratory Corp. of America Holdings | 4,001 |
10 | McKesson Corp. | 4,999 |
215 | Select Medical Holdings Corp. | 5,588 |
56 | UnitedHealth Group, Inc. | 28,658 |
196,600 | ||
Health Care REITs — 0.0% | ||
564 | Physicians Realty Trust | 6,903 |
Health Care Technology — 0.3% | ||
821 | Doximity, Inc., Class A(a) | 22,126 |
147 | Veeva Systems, Inc., Class A(a) | 30,489 |
52,615 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
146 | Host Hotels & Resorts, Inc. | $2,806 |
Hotels, Restaurants & Leisure — 0.8% | ||
240 | Aramark | 6,979 |
2 | Booking Holdings, Inc.(a) | 7,015 |
2 | Chipotle Mexican Grill, Inc.(a) | 4,818 |
76 | Hilton Worldwide Holdings, Inc. | 14,513 |
88 | Marriott Vacations Worldwide Corp. | 7,382 |
57 | McDonald's Corp. | 16,685 |
392 | Starbucks Corp. | 36,468 |
200 | Travel & Leisure Co. | 8,084 |
33 | Wingstop, Inc. | 9,277 |
363 | Yum China Holdings, Inc. | 12,556 |
154 | Yum! Brands, Inc. | 19,941 |
143,718 | ||
Household Durables — 0.3% | ||
196 | KB Home | 11,680 |
77 | Meritage Homes Corp. | 12,752 |
73 | PulteGroup, Inc. | 7,633 |
252 | Taylor Morrison Home Corp.(a) | 13,139 |
45,204 | ||
Household Products — 0.4% | ||
123 | Church & Dwight Co., Inc. | 12,282 |
49 | Colgate-Palmolive Co. | 4,126 |
294 | Energizer Holdings, Inc. | 9,296 |
222 | Procter & Gamble Co. | 34,885 |
60,589 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
299 | AES Corp. | 4,987 |
Industrial Conglomerates — 0.3% | ||
34 | 3M Co. | 3,208 |
163 | General Electric Co. | 21,584 |
91 | Honeywell International, Inc. | 18,406 |
43,198 | ||
Industrial REITs — 0.1% | ||
57 | Prologis, Inc. | 7,221 |
276 | Rexford Industrial Realty, Inc. | 14,515 |
21,736 | ||
Insurance — 1.4% | ||
27 | Allstate Corp. | 4,192 |
617 | American International Group, Inc. | 42,888 |
85 | Arch Capital Group Ltd.(a) | 7,007 |
51 | Arthur J Gallagher & Co. | 11,840 |
28 | Assurant, Inc. | 4,703 |
215 | Assured Guaranty Ltd. | 17,443 |
39 | Chubb Ltd. | 9,555 |
141 | First American Financial Corp. | 8,509 |
85 | Hanover Insurance Group, Inc. | 11,221 |
90 | Hartford Financial Services Group, Inc. | 7,826 |
36 | Marsh & McLennan Cos., Inc. | 6,978 |
66 | Prudential Financial, Inc. | 6,925 |
169 | Reinsurance Group of America, Inc. | 29,388 |
122 | Selective Insurance Group, Inc. | 12,793 |
67 | Travelers Cos., Inc. | 14,161 |
168 | Willis Towers Watson PLC | 41,378 |
236,807 | ||
Interactive Media & Services — 2.1% | ||
609 | Alphabet, Inc., Class A(a) | 85,321 |
813 | Alphabet, Inc., Class C(a) | 115,283 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
403 | Meta Platforms, Inc., Class A(a) | $157,227 |
229 | Yelp, Inc.(a) | 10,014 |
242 | ZoomInfo Technologies, Inc.(a) | 3,882 |
371,727 | ||
IT Services — 0.5% | ||
45 | Accenture PLC, Class A | 16,374 |
130 | Cognizant Technology Solutions Corp., Class A | 10,026 |
129 | GoDaddy, Inc., Class A(a) | 13,759 |
97 | International Business Machines Corp. | 17,815 |
355 | Shopify, Inc., Class A(a) | 28,425 |
86,399 | ||
Leisure Products — 0.1% | ||
427 | Mattel, Inc.(a) | 7,639 |
100 | YETI Holdings, Inc.(a) | 4,397 |
12,036 | ||
Life Sciences Tools & Services — 0.7% | ||
29 | Agilent Technologies, Inc. | 3,773 |
101 | Danaher Corp. | 24,231 |
161 | Illumina, Inc.(a) | 23,025 |
184 | IQVIA Holdings, Inc.(a) | 38,314 |
45 | Repligen Corp.(a) | 8,523 |
29 | Thermo Fisher Scientific, Inc. | 15,630 |
113,496 | ||
Machinery — 0.7% | ||
62 | AGCO Corp. | 7,585 |
20 | Caterpillar, Inc. | 6,006 |
37 | Chart Industries, Inc.(a) | 4,319 |
8 | Cummins, Inc. | 1,914 |
28 | Deere & Co. | 11,020 |
52 | Dover Corp. | 7,789 |
80 | Fortive Corp. | 6,254 |
194 | Graco, Inc. | 16,548 |
16 | Illinois Tool Works, Inc. | 4,174 |
136 | ITT, Inc. | 16,426 |
82 | Oshkosh Corp. | 9,028 |
17 | Parker-Hannifin Corp. | 7,897 |
96 | SPX Technologies, Inc.(a) | 9,662 |
135 | Terex Corp. | 8,293 |
119 | Toro Co. | 11,005 |
127,920 | ||
Media — 0.6% | ||
83 | Charter Communications, Inc., Class A(a) | 30,769 |
954 | Comcast Corp., Class A | 44,399 |
279 | Interpublic Group of Cos., Inc. | 9,204 |
183 | Liberty Broadband Corp., Class C(a) | 14,356 |
117 | Omnicom Group, Inc. | 10,575 |
109,303 | ||
Metals & Mining — 0.3% | ||
277 | Alcoa Corp. | 8,241 |
462 | Cleveland-Cliffs, Inc.(a) | 9,263 |
135 | Commercial Metals Co. | 7,050 |
54 | Newmont Corp. | 1,863 |
42 | Reliance Steel & Aluminum Co. | 11,988 |
172 | U.S. Steel Corp. | 8,087 |
46,492 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.1% | ||
968 | Annaly Capital Management, Inc. | $18,576 |
389 | KKR Real Estate Finance Trust, Inc. | 4,761 |
23,337 | ||
Multi-Utilities — 0.1% | ||
95 | Consolidated Edison, Inc. | 8,636 |
39 | DTE Energy Co. | 4,111 |
25 | WEC Energy Group, Inc. | 2,019 |
14,766 | ||
Office REITs — 0.2% | ||
487 | COPT Defense Properties | 11,474 |
339 | Douglas Emmett, Inc. | 4,593 |
451 | Easterly Government Properties, Inc. | 5,538 |
414 | Highwoods Properties, Inc. | 9,510 |
298 | Kilroy Realty Corp. | 10,657 |
41,772 | ||
Oil, Gas & Consumable Fuels — 1.8% | ||
677 | Antero Midstream Corp. | 8,286 |
181 | Antero Resources Corp.(a) | 4,044 |
1,055 | APA Corp. | 33,053 |
157 | Chevron Corp. | 23,147 |
311 | CNX Resources Corp.(a) | 6,282 |
446 | ConocoPhillips | 49,894 |
125 | Devon Energy Corp. | 5,253 |
342 | EOG Resources, Inc. | 38,916 |
340 | Exxon Mobil Corp. | 34,955 |
33 | Hess Corp. | 4,638 |
136 | HF Sinclair Corp. | 7,683 |
461 | Kinder Morgan, Inc. | 7,800 |
84 | ONEOK, Inc. | 5,733 |
211 | Ovintiv, Inc. | 8,951 |
317 | Phillips 66 | 45,746 |
236 | Range Resources Corp. | 6,853 |
896 | Southwestern Energy Co.(a) | 5,779 |
32 | Valero Energy Corp. | 4,445 |
167 | Williams Cos., Inc. | 5,788 |
307,246 | ||
Passenger Airlines — 0.1% | ||
266 | Delta Air Lines, Inc. | 10,411 |
Personal Care Products — 0.0% | ||
15 | Estee Lauder Cos., Inc., Class A | 1,980 |
Pharmaceuticals — 1.1% | ||
253 | Bristol-Myers Squibb Co. | 12,364 |
24 | Eli Lilly & Co. | 15,495 |
59 | Jazz Pharmaceuticals PLC(a) | 7,240 |
230 | Johnson & Johnson | 36,547 |
203 | Merck & Co., Inc. | 24,518 |
136 | Novartis AG, ADR | 14,072 |
278 | Novo Nordisk AS, ADR | 31,898 |
134 | Perrigo Co. PLC | 4,299 |
526 | Pfizer, Inc. | 14,244 |
412 | Roche Holding AG, ADR | 14,478 |
62 | Zoetis, Inc. | 11,644 |
186,799 | ||
Professional Services — 0.3% | ||
19 | Automatic Data Processing, Inc. | 4,670 |
76 | Equifax, Inc. | 18,570 |
82 | Exponent, Inc. | 7,232 |
111 | Korn Ferry | 6,512 |
Shares | Description | Value (†) |
Professional Services — continued | ||
43 | Leidos Holdings, Inc. | $4,750 |
24 | Paychex, Inc. | 2,922 |
45 | Paylocity Holding Corp.(a) | 7,128 |
51,784 | ||
Real Estate Management & Development — 0.3% | ||
496 | CBRE Group, Inc., Class A(a) | 42,810 |
56 | Jones Lang LaSalle, Inc.(a) | 9,915 |
52,725 | ||
Residential REITs — 0.1% | ||
31 | AvalonBay Communities, Inc. | 5,549 |
46 | Camden Property Trust | 4,317 |
9,866 | ||
Retail REITs — 0.2% | ||
804 | Brixmor Property Group, Inc. | 18,042 |
274 | NNN REIT, Inc. | 11,053 |
26 | Simon Property Group, Inc. | 3,604 |
32,699 | ||
Semiconductors & Semiconductor Equipment — 2.1% | ||
60 | Advanced Micro Devices, Inc.(a) | 10,062 |
67 | Analog Devices, Inc. | 12,888 |
350 | ARM Holdings PLC, ADR(a) | 24,735 |
13 | Broadcom, Inc. | 15,340 |
400 | Intel Corp. | 17,232 |
119 | Lattice Semiconductor Corp.(a) | 7,242 |
64 | Micron Technology, Inc. | 5,488 |
293 | NVIDIA Corp. | 180,274 |
63 | Onto Innovation, Inc.(a) | 10,175 |
41 | Qorvo, Inc.(a) | 4,089 |
236 | QUALCOMM, Inc. | 35,048 |
45 | Silicon Laboratories, Inc.(a) | 5,551 |
77 | Synaptics, Inc.(a) | 8,225 |
76 | Texas Instruments, Inc. | 12,169 |
47 | Universal Display Corp. | 7,979 |
356,497 | ||
Software — 3.1% | ||
16 | Adobe, Inc.(a) | 9,884 |
33 | ANSYS, Inc.(a) | 10,818 |
224 | Autodesk, Inc.(a) | 56,853 |
22 | Cadence Design Systems, Inc.(a) | 6,346 |
169 | Dynatrace, Inc.(a) | 9,633 |
11 | Intuit, Inc. | 6,945 |
64 | Manhattan Associates, Inc.(a) | 15,524 |
361 | Microsoft Corp. | 143,526 |
805 | Oracle Corp. | 89,919 |
14 | Palo Alto Networks, Inc.(a) | 4,739 |
32 | PTC, Inc.(a) | 5,781 |
45 | Qualys, Inc.(a) | 8,513 |
30 | Roper Technologies, Inc. | 16,110 |
302 | Salesforce, Inc.(a) | 84,889 |
13 | ServiceNow, Inc.(a) | 9,950 |
39 | SPS Commerce, Inc.(a) | 7,168 |
14 | Synopsys, Inc.(a) | 7,467 |
14 | Tyler Technologies, Inc.(a) | 5,919 |
136 | Workday, Inc., Class A(a) | 39,586 |
539,570 | ||
Specialized REITs — 0.1% | ||
15 | American Tower Corp. | 2,935 |
31 | Crown Castle, Inc. | 3,356 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
19 | Digital Realty Trust, Inc. | $2,669 |
6 | Equinix, Inc. | 4,978 |
87 | Weyerhaeuser Co. | 2,851 |
16,789 | ||
Specialty Retail — 0.6% | ||
27 | Asbury Automotive Group, Inc.(a) | 5,645 |
60 | Burlington Stores, Inc.(a) | 11,469 |
41 | Dick's Sporting Goods, Inc. | 6,112 |
42 | Five Below, Inc.(a) | 7,537 |
109 | Floor & Decor Holdings, Inc., Class A(a) | 10,961 |
58 | Home Depot, Inc. | 20,472 |
26 | Lithia Motors, Inc. | 7,666 |
34 | Lowe's Cos., Inc. | 7,236 |
36 | Ross Stores, Inc. | 5,050 |
149 | TJX Cos., Inc. | 14,142 |
43 | Williams-Sonoma, Inc. | 8,316 |
104,606 | ||
Technology Hardware, Storage & Peripherals — 0.5% | ||
420 | Apple, Inc. | 77,448 |
177 | Hewlett Packard Enterprise Co. | 2,706 |
99 | HP, Inc. | 2,842 |
44 | NetApp, Inc. | 3,837 |
86,833 | ||
Textiles, Apparel & Luxury Goods — 0.3% | ||
51 | Crocs, Inc.(a) | 5,175 |
22 | Deckers Outdoor Corp.(a) | 16,582 |
115 | NIKE, Inc., Class B | 11,676 |
78 | PVH Corp. | 9,380 |
1,354 | Under Armour, Inc., Class A(a) | 10,318 |
768 | Under Armour, Inc., Class C(a) | 5,683 |
58,814 | ||
Trading Companies & Distributors — 0.1% | ||
56 | GATX Corp. | 6,869 |
35 | Watsco, Inc. | 13,684 |
20,553 | ||
Water Utilities — 0.1% | ||
87 | American States Water Co. | 6,490 |
22 | American Water Works Co., Inc. | 2,729 |
184 | Essential Utilities, Inc. | 6,598 |
15,817 | ||
Total Common Stocks (Identified Cost $6,233,419) | 6,958,725 |
Principal Amount | ||
Bonds and Notes — 17.0% | ||
Apartment REITs — 0.1% | ||
$14,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 12,496 |
Automotive — 0.3% | ||
26,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 25,606 |
10,000 | Lear Corp., 4.250%, 5/15/2029 | 9,656 |
17,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 14,918 |
50,180 | ||
Banking — 2.4% | ||
30,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 28,682 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$14,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | $13,998 |
13,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 12,990 |
32,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 29,479 |
21,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 20,834 |
26,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 25,554 |
25,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 24,952 |
28,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 24,081 |
11,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 10,317 |
16,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 14,685 |
12,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 11,695 |
37,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 35,083 |
59,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 58,629 |
14,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 13,815 |
14,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 13,875 |
18,000 | State Street Corp., 2.400%, 1/24/2030 | 16,065 |
16,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 13,340 |
27,000 | Truist Bank, 3.200%, 4/01/2024 | 26,887 |
31,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 30,181 |
425,142 | ||
Brokerage — 0.3% | ||
34,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 30,020 |
37,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 25,667 |
55,687 | ||
Building Materials — 0.3% | ||
17,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 15,716 |
30,000 | Owens Corning, 3.950%, 8/15/2029 | 28,641 |
44,357 | ||
Chemicals — 0.2% | ||
36,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 30,152 |
6,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 5,697 |
35,849 | ||
Consumer Products — 0.1% | ||
13,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 12,126 |
Diversified Manufacturing — 0.2% | ||
29,000 | Eaton Corp., 4.150%, 3/15/2033 | 27,972 |
15,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 13,421 |
41,393 | ||
Electric — 1.0% | ||
17,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 15,416 |
25,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 24,896 |
39,000 | Entergy Corp., 0.900%, 9/15/2025 | 36,518 |
18,000 | Exelon Corp., 4.050%, 4/15/2030 | 17,168 |
29,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 24,782 |
11,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 10,512 |
5,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 4,115 |
33,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 32,026 |
165,433 |
Principal Amount | Description | Value (†) |
Environmental — 0.1% | ||
$18,000 | Republic Services, Inc., 1.450%, 2/15/2031 | $14,503 |
15,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 11,464 |
25,967 | ||
Finance Companies — 0.2% | ||
22,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 21,192 |
18,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 16,215 |
37,407 | ||
Food & Beverage — 0.6% | ||
36,000 | Coca-Cola Co., 1.450%, 6/01/2027 | 32,913 |
28,000 | General Mills, Inc., 4.000%, 4/17/2025 | 27,654 |
15,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 13,536 |
30,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 27,273 |
101,376 | ||
Government Owned - No Guarantee — 0.4% | ||
18,000 | Equinor ASA, 3.625%, 4/06/2040 | 15,417 |
44,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 50,514 |
65,931 | ||
Health Care REITs — 0.1% | ||
16,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 13,844 |
Health Insurance — 0.3% | ||
24,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 23,565 |
22,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 24,055 |
47,620 | ||
Healthcare — 0.4% | ||
10,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 9,860 |
10,000 | CVS Health Corp., 4.300%, 3/25/2028 | 9,826 |
17,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 16,589 |
12,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 11,502 |
19,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 16,994 |
64,771 | ||
Integrated Energy — 0.3% | ||
32,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 31,382 |
22,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 25,301 |
56,683 | ||
Life Insurance — 0.2% | ||
6,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 6,200 |
23,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 21,315 |
27,515 | ||
Media Entertainment — 0.1% | ||
17,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 16,678 |
Metals & Mining — 0.1% | ||
17,000 | Nucor Corp., 3.125%, 4/01/2032 | 15,189 |
Mortgage Related — 4.6% | ||
45,375 | Federal Home Loan Mortgage Corp., 2.000%, 3/01/2052 | 36,595 |
75,042 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities from 2051 to 2052(c) | 63,199 |
74,945 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities from 2049 to 2052(c) | 65,651 |
59,717 | Federal Home Loan Mortgage Corp., 3.500%, 5/01/2052 | 54,372 |
12,052 | Federal Home Loan Mortgage Corp., 4.000%, with various maturities in 2052 | 11,347 |
118,600 | Federal National Mortgage Association, 2.000%, with various maturities from 2050 to 2052(c) | 95,850 |
115,837 | Federal National Mortgage Association, 2.500%, with various maturities from 2050 to 2052(c) | 97,830 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$112,751 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | $99,115 |
70,475 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 64,291 |
56,179 | Federal National Mortgage Association, 4.000%, with various maturities from 2049 to 2053(c) | 52,898 |
26,158 | Federal National Mortgage Association, 4.500%, with various maturities from 2048 to 2053(c) | 25,319 |
32,353 | Government National Mortgage Association, 3.000%, with various maturities in 2052 | 28,897 |
16,742 | Government National Mortgage Association, 4.000%, 8/20/2053 | 15,900 |
14,802 | Government National Mortgage Association, 5.000%, 7/20/2053 | 14,699 |
68,638 | Government National Mortgage Association, 5.500%, 4/20/2053 | 69,082 |
795,045 | ||
Office REITs — 0.3% | ||
34,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 33,210 |
17,000 | Boston Properties LP, 2.750%, 10/01/2026 | 15,847 |
49,057 | ||
Oil Field Services — 0.1% | ||
17,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 16,199 |
Other REITs — 0.1% | ||
16,000 | Prologis LP, 1.250%, 10/15/2030 | 12,926 |
Pharmaceuticals — 0.4% | ||
35,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 30,063 |
15,000 | Biogen, Inc., 2.250%, 5/01/2030 | 12,786 |
16,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 15,160 |
11,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 9,193 |
15,000 | Viatris, Inc., 3.850%, 6/22/2040 | 11,353 |
78,555 | ||
Property & Casualty Insurance — 0.1% | ||
10,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 8,957 |
19,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 16,311 |
25,268 | ||
Railroads — 0.3% | ||
58,000 | CSX Corp., 2.600%, 11/01/2026 | 55,229 |
Restaurants — 0.2% | ||
31,000 | Starbucks Corp., 2.250%, 3/12/2030 | 27,042 |
Retail REITs — 0.1% | ||
10,000 | Realty Income Corp., 2.700%, 2/15/2032 | 8,375 |
12,000 | Realty Income Corp., 3.400%, 1/15/2028 | 11,427 |
19,802 | ||
Retailers — 0.3% | ||
15,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 13,819 |
36,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 31,589 |
13,000 | Walmart, Inc., 4.100%, 4/15/2033 | 12,710 |
58,118 | ||
Technology — 0.9% | ||
34,000 | Apple, Inc., 2.500%, 2/09/2025 | 33,224 |
4,000 | Broadcom, Inc., 3.137%, 11/15/2035(b) | 3,288 |
13,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 12,538 |
16,000 | Intel Corp., 2.450%, 11/15/2029 | 14,321 |
27,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 23,492 |
Principal Amount | Description | Value (†) |
Technology — continued | ||
$17,000 | NVIDIA Corp., 2.850%, 4/01/2030 | $15,615 |
25,000 | Oracle Corp., 2.950%, 5/15/2025 | 24,338 |
34,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 27,265 |
154,081 | ||
Treasuries — 1.6% | ||
56,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 29,153 |
35,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 25,714 |
67,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 52,616 |
35,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 28,428 |
39,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 31,075 |
50,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 39,723 |
71,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 71,510 |
278,219 | ||
Utility Other — 0.1% | ||
17,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 14,159 |
Wireless — 0.1% | ||
23,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 24,862 |
Wirelines — 0.1% | ||
18,000 | AT&T, Inc., 3.650%, 6/01/2051 | 13,423 |
Total Bonds and Notes (Identified Cost $3,121,004) | 2,937,629 |
Shares | ||
Exchange-Traded Funds — 5.6% | ||
12,955 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $970,254) | 974,864 |
Mutual Funds — 9.0% | ||
46,392 | WCM Focused Emerging Markets Fund, Institutional Class | 590,114 |
41,984 | WCM Focused International Growth Fund, Institutional Class | 977,382 |
Total Mutual Funds (Identified Cost $1,690,080) | 1,567,496 | |
Affiliated Mutual Funds — 25.1% | ||
92,607 | Loomis Sayles Inflation Protected Securities Fund, Class N | 894,579 |
98,707 | Loomis Sayles Limited Term Government & Agency Fund, Class N | 1,067,026 |
165,923 | Mirova Global Green Bond Fund, Class N | 1,408,689 |
82,269 | Mirova International Sustainable Equity Fund, Class N | 974,884 |
Total Affiliated Mutual Funds (Identified Cost $4,700,565) | 4,345,178 |
Principal Amount | Description | Value (†) |
Short-Term Investments — 3.2% | ||
$551,545 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $551,598 on 2/01/2024 collateralized by $563,900 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $562,931 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $551,545) | $551,545 |
Total Investments — 100.0% (Identified Cost $17,266,867) | 17,335,437 | |
Other assets less liabilities — 0.0% | 1,433 | |
Net Assets — 100.0% | $17,336,870 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $42,821 or 0.2% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation, Federal National Mortgage Association and Government National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 60.3 % |
Fixed Income | 36.5 |
Short-Term Investments | 3.2 |
Total Investments | 100.0 |
Other assets less liabilities | 0.0 * |
Net Assets | 100.0 % |
* | Less than 0.1% |
Shares | Description | Value (†) |
Common Stocks — 46.7% of Net Assets | ||
Aerospace & Defense — 0.9% | ||
208 | AAR Corp.(a) | $12,650 |
522 | Boeing Co.(a) | 110,163 |
43 | L3Harris Technologies, Inc. | 8,962 |
35 | Lockheed Martin Corp. | 15,029 |
85 | Moog, Inc., Class A | 11,883 |
13 | Northrop Grumman Corp. | 5,808 |
131 | RTX Corp. | 11,937 |
176,432 | ||
Air Freight & Logistics — 0.3% | ||
276 | Expeditors International of Washington, Inc. | 34,867 |
30 | FedEx Corp. | 7,239 |
166 | GXO Logistics, Inc.(a) | 9,027 |
84 | United Parcel Service, Inc., Class B | 11,919 |
63,052 | ||
Automobile Components — 0.5% | ||
40 | Aptiv PLC(a) | 3,253 |
886 | BorgWarner, Inc. | 30,035 |
576 | Dana, Inc. | 7,811 |
556 | Magna International, Inc. | 31,609 |
645 | Mobileye Global, Inc., Class A(a) | 16,680 |
141 | Phinia, Inc. | 4,264 |
77 | Visteon Corp.(a) | 8,877 |
102,529 | ||
Automobiles — 0.9% | ||
1,746 | General Motors Co. | 67,745 |
496 | Tesla, Inc.(a) | 92,896 |
80 | Thor Industries, Inc. | 9,041 |
169,682 | ||
Banks — 2.4% | ||
349 | Ameris Bancorp | 17,324 |
1,164 | Banc of California, Inc. | 16,040 |
1,958 | Bank of America Corp. | 66,592 |
974 | Citigroup, Inc. | 54,710 |
129 | Citizens Financial Group, Inc. | 4,218 |
198 | East West Bancorp, Inc. | 14,416 |
22 | First Citizens BancShares, Inc., Class A | 33,220 |
631 | First Financial Bancorp | 14,147 |
1,624 | FNB Corp. | 21,404 |
1,046 | Fulton Financial Corp. | 16,307 |
354 | International Bancshares Corp. | 18,712 |
323 | JPMorgan Chase & Co. | 56,318 |
98 | PNC Financial Services Group, Inc. | 14,819 |
167 | Regions Financial Corp. | 3,118 |
1,058 | Truist Financial Corp. | 39,210 |
333 | Webster Financial Corp. | 16,477 |
1,203 | Wells Fargo & Co. | 60,367 |
467,399 | ||
Beverages — 0.7% | ||
61 | Boston Beer Co., Inc., Class A(a) | 21,306 |
215 | Coca-Cola Co. | 12,790 |
185 | Keurig Dr Pepper, Inc. | 5,816 |
1,422 | Monster Beverage Corp.(a) | 78,238 |
141 | PepsiCo, Inc. | 23,763 |
141,913 | ||
Biotechnology — 1.2% | ||
139 | AbbVie, Inc. | 22,852 |
251 | Alnylam Pharmaceuticals, Inc.(a) | 43,400 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
38 | Amgen, Inc. | $11,942 |
16 | Biogen, Inc.(a) | 3,947 |
284 | CRISPR Therapeutics AG(a) | 17,878 |
155 | Cytokinetics, Inc.(a) | 12,110 |
201 | Gilead Sciences, Inc. | 15,730 |
175 | Halozyme Therapeutics, Inc.(a) | 5,924 |
75 | Incyte Corp.(a) | 4,408 |
99 | Neurocrine Biosciences, Inc.(a) | 13,837 |
64 | Regeneron Pharmaceuticals, Inc.(a) | 60,338 |
30 | United Therapeutics Corp.(a) | 6,443 |
13 | Vertex Pharmaceuticals, Inc.(a) | 5,634 |
224,443 | ||
Broadline Retail — 1.4% | ||
228 | Alibaba Group Holding Ltd., ADR | 16,455 |
1,456 | Amazon.com, Inc.(a) | 225,971 |
639 | eBay, Inc. | 26,244 |
268,670 | ||
Building Products — 0.7% | ||
44 | Carlisle Cos., Inc. | 13,827 |
96 | Carrier Global Corp. | 5,252 |
432 | Fortune Brands Innovations, Inc. | 33,519 |
35 | Lennox International, Inc. | 14,986 |
601 | Masco Corp. | 40,441 |
133 | Owens Corning | 20,154 |
111 | Trex Co., Inc.(a) | 9,044 |
137,223 | ||
Capital Markets — 2.9% | ||
929 | Bank of New York Mellon Corp. | 51,522 |
45 | BlackRock, Inc. | 34,844 |
68 | Cboe Global Markets, Inc. | 12,502 |
854 | Charles Schwab Corp. | 53,734 |
89 | CME Group, Inc. | 18,320 |
69 | FactSet Research Systems, Inc. | 32,838 |
113 | Goldman Sachs Group, Inc. | 43,393 |
593 | Intercontinental Exchange, Inc. | 75,507 |
284 | Janus Henderson Group PLC | 8,168 |
666 | KKR & Co., Inc. | 57,662 |
51 | Moody's Corp. | 19,994 |
97 | Morgan Stanley | 8,462 |
58 | MSCI, Inc. | 34,720 |
31 | Northern Trust Corp. | 2,469 |
48 | S&P Global, Inc. | 21,521 |
432 | SEI Investments Co. | 27,320 |
595 | State Street Corp. | 43,953 |
30 | T. Rowe Price Group, Inc. | 3,253 |
55 | Virtus Investment Partners, Inc. | 12,986 |
563,168 | ||
Chemicals — 0.8% | ||
14 | Air Products & Chemicals, Inc. | 3,580 |
169 | Celanese Corp. | 24,723 |
769 | Corteva, Inc. | 34,974 |
47 | DuPont de Nemours, Inc. | 2,905 |
66 | Ecolab, Inc. | 13,083 |
154 | HB Fuller Co. | 11,669 |
110 | Innospec, Inc. | 12,772 |
56 | Linde PLC | 22,670 |
131 | Minerals Technologies, Inc. | 8,561 |
Shares | Description | Value (†) |
Chemicals — continued | ||
19 | Sherwin-Williams Co. | $5,783 |
75 | Stepan Co. | 6,695 |
147,415 | ||
Commercial Services & Supplies — 0.1% | ||
79 | MSA Safety, Inc. | 13,037 |
25 | Waste Management, Inc. | 4,641 |
17,678 | ||
Communications Equipment — 0.2% | ||
188 | Ciena Corp.(a) | 9,964 |
411 | Cisco Systems, Inc. | 20,624 |
53 | F5, Inc.(a) | 9,736 |
19 | Motorola Solutions, Inc. | 6,071 |
46,395 | ||
Construction & Engineering — 0.1% | ||
270 | AECOM | 23,811 |
Construction Materials — 0.1% | ||
21 | Martin Marietta Materials, Inc. | 10,677 |
53 | Vulcan Materials Co. | 11,978 |
22,655 | ||
Consumer Finance — 1.1% | ||
1,909 | Ally Financial, Inc. | 70,022 |
352 | American Express Co. | 70,661 |
534 | Capital One Financial Corp. | 72,261 |
100 | Synchrony Financial | 3,887 |
216,831 | ||
Consumer Staples Distribution & Retail — 0.9% | ||
155 | BJ's Wholesale Club Holdings, Inc.(a) | 9,973 |
36 | Casey's General Stores, Inc. | 9,769 |
38 | Costco Wholesale Corp. | 26,405 |
1,723 | Kroger Co. | 79,499 |
259 | Sprouts Farmers Market, Inc.(a) | 13,046 |
32 | Target Corp. | 4,451 |
173 | Walmart, Inc. | 28,588 |
171,731 | ||
Containers & Packaging — 0.2% | ||
37 | Ball Corp. | 2,052 |
158 | Crown Holdings, Inc. | 13,983 |
255 | Sonoco Products Co. | 14,509 |
30,544 | ||
Distributors — 0.0% | ||
36 | Genuine Parts Co. | 5,048 |
Diversified Consumer Services — 0.1% | ||
93 | Grand Canyon Education, Inc.(a) | 12,145 |
192 | Service Corp. International | 12,887 |
25,032 | ||
Diversified REITs — 0.1% | ||
459 | American Assets Trust, Inc. | 10,295 |
Diversified Telecommunication Services — 0.2% | ||
893 | AT&T, Inc. | 15,797 |
148 | Iridium Communications, Inc. | 5,367 |
631 | Verizon Communications, Inc. | 26,723 |
47,887 | ||
Electric Utilities — 0.3% | ||
191 | American Electric Power Co., Inc. | 14,925 |
230 | Evergy, Inc. | 11,677 |
174 | Eversource Energy | 9,434 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
119 | Exelon Corp. | $4,143 |
143 | FirstEnergy Corp. | 5,245 |
104 | IDACORP, Inc. | 9,628 |
55,052 | ||
Electrical Equipment — 0.3% | ||
90 | Eaton Corp. PLC | 22,147 |
132 | Emerson Electric Co. | 12,108 |
236 | nVent Electric PLC | 14,170 |
86 | Regal Rexnord Corp. | 11,478 |
59,903 | ||
Electronic Equipment, Instruments & Components — 0.5% | ||
120 | Advanced Energy Industries, Inc. | 12,502 |
113 | Amphenol Corp., Class A | 11,424 |
252 | Avnet, Inc. | 11,416 |
203 | Cognex Corp. | 7,336 |
60 | Corning, Inc. | 1,949 |
639 | Knowles Corp.(a) | 10,422 |
40 | Littelfuse, Inc. | 9,676 |
208 | TE Connectivity Ltd. | 29,575 |
14 | Teledyne Technologies, Inc.(a) | 5,859 |
14 | Zebra Technologies Corp., Class A(a) | 3,354 |
103,513 | ||
Energy Equipment & Services — 0.2% | ||
338 | ChampionX Corp. | 9,264 |
725 | NOV, Inc. | 14,145 |
173 | Schlumberger NV | 8,425 |
31,834 | ||
Entertainment — 1.3% | ||
62 | Electronic Arts, Inc. | 8,530 |
199 | Netflix, Inc.(a) | 112,258 |
33 | Take-Two Interactive Software, Inc.(a) | 5,443 |
1,028 | Walt Disney Co. | 98,739 |
3,174 | Warner Bros Discovery, Inc.(a) | 31,803 |
256,773 | ||
Financial Services — 1.8% | ||
333 | Block, Inc.(a) | 21,648 |
402 | Fiserv, Inc.(a) | 57,032 |
243 | Global Payments, Inc. | 32,375 |
25 | Jack Henry & Associates, Inc. | 4,146 |
51 | Mastercard, Inc., Class A | 22,911 |
1,028 | MGIC Investment Corp. | 20,395 |
417 | PayPal Holdings, Inc.(a) | 25,583 |
476 | Visa, Inc., Class A | 130,072 |
242 | Voya Financial, Inc. | 17,513 |
54 | WEX, Inc.(a) | 11,037 |
342,712 | ||
Food Products — 0.6% | ||
128 | Campbell Soup Co. | 5,713 |
208 | Conagra Brands, Inc. | 6,063 |
143 | Darling Ingredients, Inc.(a) | 6,192 |
237 | General Mills, Inc. | 15,384 |
35 | Hershey Co. | 6,774 |
211 | Hormel Foods Corp. | 6,408 |
104 | Ingredion, Inc. | 11,187 |
41 | J M Smucker Co. | 5,394 |
146 | Kellanova | 7,995 |
477 | Kraft Heinz Co. | 17,711 |
Shares | Description | Value (†) |
Food Products — continued | ||
97 | McCormick & Co., Inc. | $6,611 |
265 | Mondelez International, Inc., Class A | 19,946 |
115,378 | ||
Gas Utilities — 0.1% | ||
82 | Atmos Energy Corp. | 9,343 |
288 | New Jersey Resources Corp. | 11,759 |
119 | ONE Gas, Inc. | 7,303 |
28,405 | ||
Ground Transportation — 0.4% | ||
341 | CSX Corp. | 12,174 |
25 | JB Hunt Transport Services, Inc. | 5,025 |
52 | Norfolk Southern Corp. | 12,232 |
75 | Ryder System, Inc. | 8,518 |
30 | Saia, Inc.(a) | 13,517 |
75 | Uber Technologies, Inc.(a) | 4,895 |
34 | Union Pacific Corp. | 8,294 |
126 | XPO, Inc.(a) | 10,765 |
75,420 | ||
Health Care Equipment & Supplies — 0.9% | ||
193 | Abbott Laboratories | 21,838 |
15 | Align Technology, Inc.(a) | 4,010 |
614 | Baxter International, Inc. | 23,756 |
46 | Becton Dickinson & Co. | 10,985 |
59 | Edwards Lifesciences Corp.(a) | 4,630 |
27 | GE HealthCare Technologies, Inc. | 1,981 |
111 | Globus Medical, Inc., Class A(a) | 5,860 |
84 | Haemonetics Corp.(a) | 6,422 |
97 | Intuitive Surgical, Inc.(a) | 36,687 |
133 | LeMaitre Vascular, Inc. | 7,719 |
181 | Medtronic PLC | 15,845 |
217 | Merit Medical Systems, Inc.(a) | 16,991 |
41 | Penumbra, Inc.(a) | 10,340 |
33 | Shockwave Medical, Inc.(a) | 7,466 |
25 | Stryker Corp. | 8,387 |
182,917 | ||
Health Care Providers & Services — 1.3% | ||
160 | Acadia Healthcare Co., Inc.(a) | 13,142 |
79 | Cardinal Health, Inc. | 8,626 |
658 | Centene Corp.(a) | 49,554 |
26 | Chemed Corp. | 15,413 |
48 | Cigna Group | 14,446 |
454 | CVS Health Corp. | 33,764 |
37 | Elevance Health, Inc. | 18,257 |
116 | HCA Healthcare, Inc. | 35,368 |
78 | Henry Schein, Inc.(a) | 5,838 |
8 | Humana, Inc. | 3,024 |
21 | Laboratory Corp. of America Holdings | 4,668 |
12 | McKesson Corp. | 5,999 |
281 | Select Medical Holdings Corp. | 7,303 |
75 | UnitedHealth Group, Inc. | 38,381 |
253,783 | ||
Health Care REITs — 0.0% | ||
735 | Physicians Realty Trust | 8,996 |
Health Care Technology — 0.4% | ||
1,063 | Doximity, Inc., Class A(a) | 28,648 |
190 | Veeva Systems, Inc., Class A(a) | 39,408 |
68,056 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
159 | Host Hotels & Resorts, Inc. | $3,056 |
Hotels, Restaurants & Leisure — 1.0% | ||
313 | Aramark | 9,102 |
3 | Booking Holdings, Inc.(a) | 10,522 |
4 | Chipotle Mexican Grill, Inc.(a) | 9,635 |
99 | Hilton Worldwide Holdings, Inc. | 18,905 |
115 | Marriott Vacations Worldwide Corp. | 9,647 |
76 | McDonald's Corp. | 22,247 |
500 | Starbucks Corp. | 46,515 |
261 | Travel & Leisure Co. | 10,550 |
43 | Wingstop, Inc. | 12,088 |
471 | Yum China Holdings, Inc. | 16,292 |
198 | Yum! Brands, Inc. | 25,639 |
191,142 | ||
Household Durables — 0.3% | ||
255 | KB Home | 15,195 |
100 | Meritage Homes Corp. | 16,561 |
89 | PulteGroup, Inc. | 9,306 |
328 | Taylor Morrison Home Corp.(a) | 17,102 |
58,164 | ||
Household Products — 0.4% | ||
158 | Church & Dwight Co., Inc. | 15,776 |
59 | Colgate-Palmolive Co. | 4,968 |
384 | Energizer Holdings, Inc. | 12,142 |
290 | Procter & Gamble Co. | 45,571 |
78,457 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
379 | AES Corp. | 6,322 |
Industrial Conglomerates — 0.3% | ||
41 | 3M Co. | 3,868 |
214 | General Electric Co. | 28,338 |
120 | Honeywell International, Inc. | 24,271 |
56,477 | ||
Industrial REITs — 0.2% | ||
76 | Prologis, Inc. | 9,629 |
360 | Rexford Industrial Realty, Inc. | 18,932 |
28,561 | ||
Insurance — 1.6% | ||
34 | Allstate Corp. | 5,279 |
804 | American International Group, Inc. | 55,886 |
107 | Arch Capital Group Ltd.(a) | 8,820 |
67 | Arthur J Gallagher & Co. | 15,555 |
36 | Assurant, Inc. | 6,046 |
281 | Assured Guaranty Ltd. | 22,798 |
52 | Chubb Ltd. | 12,740 |
184 | First American Financial Corp. | 11,104 |
111 | Hanover Insurance Group, Inc. | 14,653 |
113 | Hartford Financial Services Group, Inc. | 9,826 |
49 | Marsh & McLennan Cos., Inc. | 9,498 |
89 | Prudential Financial, Inc. | 9,339 |
220 | Reinsurance Group of America, Inc. | 38,256 |
159 | Selective Insurance Group, Inc. | 16,673 |
87 | Travelers Cos., Inc. | 18,388 |
218 | Willis Towers Watson PLC | 53,693 |
308,554 | ||
Interactive Media & Services — 2.5% | ||
691 | Alphabet, Inc., Class A(a) | 96,809 |
1,136 | Alphabet, Inc., Class C(a) | 161,085 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
521 | Meta Platforms, Inc., Class A(a) | $203,263 |
299 | Yelp, Inc.(a) | 13,075 |
315 | ZoomInfo Technologies, Inc.(a) | 5,053 |
479,285 | ||
IT Services — 0.6% | ||
61 | Accenture PLC, Class A | 22,197 |
159 | Cognizant Technology Solutions Corp., Class A | 12,262 |
168 | GoDaddy, Inc., Class A(a) | 17,919 |
127 | International Business Machines Corp. | 23,325 |
459 | Shopify, Inc., Class A(a) | 36,752 |
112,455 | ||
Leisure Products — 0.1% | ||
556 | Mattel, Inc.(a) | 9,947 |
130 | YETI Holdings, Inc.(a) | 5,716 |
15,663 | ||
Life Sciences Tools & Services — 0.8% | ||
35 | Agilent Technologies, Inc. | 4,554 |
131 | Danaher Corp. | 31,428 |
207 | Illumina, Inc.(a) | 29,603 |
240 | IQVIA Holdings, Inc.(a) | 49,975 |
59 | Repligen Corp.(a) | 11,175 |
39 | Thermo Fisher Scientific, Inc. | 21,020 |
147,755 | ||
Machinery — 0.9% | ||
80 | AGCO Corp. | 9,786 |
28 | Caterpillar, Inc. | 8,409 |
48 | Chart Industries, Inc.(a) | 5,602 |
10 | Cummins, Inc. | 2,393 |
36 | Deere & Co. | 14,169 |
70 | Dover Corp. | 10,485 |
100 | Fortive Corp. | 7,818 |
253 | Graco, Inc. | 21,581 |
23 | Illinois Tool Works, Inc. | 6,001 |
178 | ITT, Inc. | 21,499 |
106 | Oshkosh Corp. | 11,671 |
24 | Parker-Hannifin Corp. | 11,148 |
125 | SPX Technologies, Inc.(a) | 12,580 |
177 | Terex Corp. | 10,873 |
155 | Toro Co. | 14,334 |
168,349 | ||
Media — 0.7% | ||
108 | Charter Communications, Inc., Class A(a) | 40,037 |
1,242 | Comcast Corp., Class A | 57,803 |
345 | Interpublic Group of Cos., Inc. | 11,381 |
239 | Liberty Broadband Corp., Class C(a) | 18,749 |
149 | Omnicom Group, Inc. | 13,467 |
141,437 | ||
Metals & Mining — 0.3% | ||
361 | Alcoa Corp. | 10,740 |
602 | Cleveland-Cliffs, Inc.(a) | 12,070 |
176 | Commercial Metals Co. | 9,191 |
67 | Newmont Corp. | 2,312 |
55 | Reliance Steel & Aluminum Co. | 15,698 |
225 | U.S. Steel Corp. | 10,579 |
60,590 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.2% | ||
1,261 | Annaly Capital Management, Inc. | $24,198 |
507 | KKR Real Estate Finance Trust, Inc. | 6,206 |
30,404 | ||
Multi-Utilities — 0.1% | ||
125 | Consolidated Edison, Inc. | 11,362 |
49 | DTE Energy Co. | 5,166 |
30 | WEC Energy Group, Inc. | 2,423 |
18,951 | ||
Office REITs — 0.3% | ||
635 | COPT Defense Properties | 14,960 |
441 | Douglas Emmett, Inc. | 5,975 |
588 | Easterly Government Properties, Inc. | 7,221 |
540 | Highwoods Properties, Inc. | 12,404 |
388 | Kilroy Realty Corp. | 13,875 |
54,435 | ||
Oil, Gas & Consumable Fuels — 2.1% | ||
882 | Antero Midstream Corp. | 10,796 |
236 | Antero Resources Corp.(a) | 5,272 |
1,371 | APA Corp. | 42,954 |
205 | Chevron Corp. | 30,223 |
405 | CNX Resources Corp.(a) | 8,181 |
578 | ConocoPhillips | 64,661 |
164 | Devon Energy Corp. | 6,891 |
446 | EOG Resources, Inc. | 50,750 |
447 | Exxon Mobil Corp. | 45,956 |
39 | Hess Corp. | 5,481 |
177 | HF Sinclair Corp. | 9,999 |
584 | Kinder Morgan, Inc. | 9,881 |
105 | ONEOK, Inc. | 7,166 |
275 | Ovintiv, Inc. | 11,666 |
409 | Phillips 66 | 59,023 |
308 | Range Resources Corp. | 8,944 |
1,167 | Southwestern Energy Co.(a) | 7,527 |
45 | Valero Energy Corp. | 6,251 |
211 | Williams Cos., Inc. | 7,313 |
398,935 | ||
Passenger Airlines — 0.1% | ||
353 | Delta Air Lines, Inc. | 13,816 |
Personal Care Products — 0.0% | ||
21 | Estee Lauder Cos., Inc., Class A | 2,772 |
Pharmaceuticals — 1.3% | ||
324 | Bristol-Myers Squibb Co. | 15,834 |
32 | Eli Lilly & Co. | 20,659 |
76 | Jazz Pharmaceuticals PLC(a) | 9,327 |
305 | Johnson & Johnson | 48,464 |
262 | Merck & Co., Inc. | 31,644 |
175 | Novartis AG, ADR | 18,107 |
358 | Novo Nordisk AS, ADR | 41,077 |
174 | Perrigo Co. PLC | 5,582 |
670 | Pfizer, Inc. | 18,144 |
535 | Roche Holding AG, ADR | 18,800 |
81 | Zoetis, Inc. | 15,213 |
242,851 | ||
Professional Services — 0.3% | ||
23 | Automatic Data Processing, Inc. | 5,653 |
99 | Equifax, Inc. | 24,190 |
107 | Exponent, Inc. | 9,436 |
145 | Korn Ferry | 8,507 |
Shares | Description | Value (†) |
Professional Services — continued | ||
56 | Leidos Holdings, Inc. | $6,186 |
28 | Paychex, Inc. | 3,409 |
58 | Paylocity Holding Corp.(a) | 9,188 |
66,569 | ||
Real Estate Management & Development — 0.4% | ||
642 | CBRE Group, Inc., Class A(a) | 55,411 |
73 | Jones Lang LaSalle, Inc.(a) | 12,925 |
68,336 | ||
Residential REITs — 0.1% | ||
39 | AvalonBay Communities, Inc. | 6,981 |
58 | Camden Property Trust | 5,443 |
12,424 | ||
Retail REITs — 0.2% | ||
1,048 | Brixmor Property Group, Inc. | 23,517 |
357 | NNN REIT, Inc. | 14,402 |
33 | Simon Property Group, Inc. | 4,574 |
42,493 | ||
Semiconductors & Semiconductor Equipment — 2.4% | ||
79 | Advanced Micro Devices, Inc.(a) | 13,247 |
85 | Analog Devices, Inc. | 16,351 |
451 | ARM Holdings PLC, ADR(a) | 31,872 |
18 | Broadcom, Inc. | 21,240 |
525 | Intel Corp. | 22,617 |
155 | Lattice Semiconductor Corp.(a) | 9,433 |
84 | Micron Technology, Inc. | 7,203 |
380 | NVIDIA Corp. | 233,803 |
82 | Onto Innovation, Inc.(a) | 13,243 |
54 | Qorvo, Inc.(a) | 5,386 |
303 | QUALCOMM, Inc. | 44,998 |
58 | Silicon Laboratories, Inc.(a) | 7,155 |
100 | Synaptics, Inc.(a) | 10,681 |
97 | Texas Instruments, Inc. | 15,532 |
62 | Universal Display Corp. | 10,526 |
463,287 | ||
Software — 3.6% | ||
21 | Adobe, Inc.(a) | 12,974 |
42 | ANSYS, Inc.(a) | 13,769 |
292 | Autodesk, Inc.(a) | 74,113 |
29 | Cadence Design Systems, Inc.(a) | 8,365 |
221 | Dynatrace, Inc.(a) | 12,597 |
15 | Intuit, Inc. | 9,470 |
84 | Manhattan Associates, Inc.(a) | 20,375 |
473 | Microsoft Corp. | 188,055 |
1,040 | Oracle Corp. | 116,168 |
20 | Palo Alto Networks, Inc.(a) | 6,770 |
42 | PTC, Inc.(a) | 7,587 |
59 | Qualys, Inc.(a) | 11,161 |
39 | Roper Technologies, Inc. | 20,943 |
392 | Salesforce, Inc.(a) | 110,187 |
17 | ServiceNow, Inc.(a) | 13,012 |
51 | SPS Commerce, Inc.(a) | 9,374 |
18 | Synopsys, Inc.(a) | 9,600 |
17 | Tyler Technologies, Inc.(a) | 7,187 |
176 | Workday, Inc., Class A(a) | 51,228 |
702,935 | ||
Specialized REITs — 0.1% | ||
20 | American Tower Corp. | 3,913 |
37 | Crown Castle, Inc. | 4,005 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
23 | Digital Realty Trust, Inc. | $3,231 |
8 | Equinix, Inc. | 6,638 |
98 | Weyerhaeuser Co. | 3,211 |
20,998 | ||
Specialty Retail — 0.7% | ||
35 | Asbury Automotive Group, Inc.(a) | 7,317 |
78 | Burlington Stores, Inc.(a) | 14,910 |
54 | Dick's Sporting Goods, Inc. | 8,050 |
55 | Five Below, Inc.(a) | 9,870 |
142 | Floor & Decor Holdings, Inc., Class A(a) | 14,279 |
79 | Home Depot, Inc. | 27,884 |
34 | Lithia Motors, Inc. | 10,025 |
45 | Lowe's Cos., Inc. | 9,578 |
44 | Ross Stores, Inc. | 6,172 |
194 | TJX Cos., Inc. | 18,413 |
56 | Williams-Sonoma, Inc. | 10,830 |
137,328 | ||
Technology Hardware, Storage & Peripherals — 0.6% | ||
553 | Apple, Inc. | 101,973 |
208 | Hewlett Packard Enterprise Co. | 3,180 |
126 | HP, Inc. | 3,618 |
59 | NetApp, Inc. | 5,145 |
113,916 | ||
Textiles, Apparel & Luxury Goods — 0.4% | ||
66 | Crocs, Inc.(a) | 6,698 |
28 | Deckers Outdoor Corp.(a) | 21,105 |
146 | NIKE, Inc., Class B | 14,823 |
101 | PVH Corp. | 12,146 |
1,734 | Under Armour, Inc., Class A(a) | 13,213 |
1,001 | Under Armour, Inc., Class C(a) | 7,407 |
75,392 | ||
Trading Companies & Distributors — 0.1% | ||
73 | GATX Corp. | 8,954 |
46 | Watsco, Inc. | 17,985 |
26,939 | ||
Water Utilities — 0.1% | ||
113 | American States Water Co. | 8,430 |
29 | American Water Works Co., Inc. | 3,597 |
240 | Essential Utilities, Inc. | 8,606 |
20,633 | ||
Total Common Stocks (Identified Cost $8,031,667) | 9,032,256 |
Principal Amount | ||
Bonds and Notes — 12.6% | ||
Apartment REITs — 0.0% | ||
$11,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 9,818 |
Automotive — 0.2% | ||
30,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 29,545 |
7,000 | Lear Corp., 4.250%, 5/15/2029 | 6,759 |
12,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 10,530 |
46,834 | ||
Banking — 1.7% | ||
28,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 26,770 |
13,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 12,990 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$26,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | $23,952 |
19,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 18,850 |
18,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 17,691 |
21,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 20,959 |
22,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 18,921 |
12,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 11,255 |
13,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 11,931 |
11,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 10,721 |
28,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 26,549 |
23,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 22,856 |
12,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 11,842 |
11,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 10,901 |
19,000 | State Street Corp., 2.400%, 1/24/2030 | 16,957 |
12,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 10,005 |
24,000 | Truist Bank, 3.200%, 4/01/2024 | 23,900 |
35,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 34,075 |
331,125 | ||
Brokerage — 0.2% | ||
25,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 22,073 |
35,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 24,280 |
46,353 | ||
Building Materials — 0.2% | ||
16,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 14,791 |
24,000 | Owens Corning, 3.950%, 8/15/2029 | 22,914 |
37,705 | ||
Chemicals — 0.1% | ||
27,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 22,614 |
5,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 4,747 |
27,361 | ||
Consumer Products — 0.1% | ||
18,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 16,789 |
Diversified Manufacturing — 0.2% | ||
23,000 | Eaton Corp., 4.150%, 3/15/2033 | 22,185 |
12,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 10,737 |
32,922 | ||
Electric — 0.6% | ||
12,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 10,882 |
21,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 20,913 |
26,000 | Entergy Corp., 0.900%, 9/15/2025 | 24,345 |
19,000 | Exelon Corp., 4.050%, 4/15/2030 | 18,122 |
23,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 19,655 |
5,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 4,778 |
5,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 4,115 |
23,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 22,321 |
125,131 | ||
Environmental — 0.1% | ||
15,000 | Republic Services, Inc., 1.450%, 2/15/2031 | 12,086 |
17,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 12,992 |
25,078 |
Principal Amount | Description | Value (†) |
Finance Companies — 0.2% | ||
$17,000 | Ares Capital Corp., 3.250%, 7/15/2025 | $16,375 |
19,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 17,116 |
33,491 | ||
Food & Beverage — 0.5% | ||
27,000 | Coca-Cola Co., 1.450%, 6/01/2027 | 24,684 |
24,000 | General Mills, Inc., 4.000%, 4/17/2025 | 23,704 |
16,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 14,438 |
28,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 25,455 |
88,281 | ||
Government Owned - No Guarantee — 0.3% | ||
14,000 | Equinor ASA, 3.625%, 4/06/2040 | 11,991 |
35,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 40,182 |
52,173 | ||
Health Care REITs — 0.0% | ||
11,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 9,518 |
Health Insurance — 0.2% | ||
19,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 18,656 |
16,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 17,494 |
36,150 | ||
Healthcare — 0.3% | ||
8,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 7,888 |
12,000 | CVS Health Corp., 4.300%, 3/25/2028 | 11,791 |
11,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 10,734 |
15,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 14,378 |
16,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 14,311 |
59,102 | ||
Integrated Energy — 0.2% | ||
24,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 23,537 |
17,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 19,550 |
43,087 | ||
Life Insurance — 0.1% | ||
4,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 4,134 |
18,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 16,681 |
20,815 | ||
Media Entertainment — 0.1% | ||
14,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 13,735 |
Metals & Mining — 0.1% | ||
17,000 | Nucor Corp., 3.125%, 4/01/2032 | 15,189 |
Mortgage Related — 3.2% | ||
22,687 | Federal Home Loan Mortgage Corp., 2.000%, 3/01/2052 | 18,297 |
57,436 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities from 2051 to 2052(c) | 48,364 |
72,258 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities in 2052(c) | 63,273 |
66,150 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities in 2052(c) | 60,225 |
4,611 | Federal Home Loan Mortgage Corp., 4.000%, with various maturities in 2052(c) | 4,341 |
88,753 | Federal National Mortgage Association, 2.000%, with various maturities from 2050 to 2052(c) | 71,733 |
101,379 | Federal National Mortgage Association, 2.500%, with various maturities from 2050 to 2052(c) | 85,555 |
84,710 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | 74,433 |
35,547 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 32,434 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$48,608 | Federal National Mortgage Association, 4.000%, with various maturities from 2049 to 2053(c) | $45,767 |
18,479 | Federal National Mortgage Association, 4.500%, with various maturities from 2049 to 2053(c) | 17,883 |
23,408 | Government National Mortgage Association, 3.000%, with various maturities in 2052(c) | 20,904 |
12,803 | Government National Mortgage Association, 4.000%, 8/20/2053 | 12,159 |
11,841 | Government National Mortgage Association, 5.000%, 7/20/2053 | 11,759 |
54,137 | Government National Mortgage Association, 5.500%, 4/20/2053 | 54,487 |
621,614 | ||
Office REITs — 0.2% | ||
27,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 26,373 |
11,000 | Boston Properties LP, 2.750%, 10/01/2026 | 10,254 |
36,627 | ||
Oil Field Services — 0.1% | ||
16,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 15,246 |
Other REITs — 0.1% | ||
15,000 | Prologis LP, 1.250%, 10/15/2030 | 12,118 |
Pharmaceuticals — 0.4% | ||
29,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 24,909 |
11,000 | Biogen, Inc., 2.250%, 5/01/2030 | 9,377 |
19,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 18,003 |
9,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 7,521 |
13,000 | Viatris, Inc., 3.850%, 6/22/2040 | 9,839 |
69,649 | ||
Property & Casualty Insurance — 0.1% | ||
6,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 5,374 |
15,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 12,877 |
18,251 | ||
Railroads — 0.1% | ||
28,000 | CSX Corp., 2.600%, 11/01/2026 | 26,663 |
Restaurants — 0.1% | ||
21,000 | Starbucks Corp., 2.250%, 3/12/2030 | 18,319 |
Retail REITs — 0.1% | ||
7,000 | Realty Income Corp., 2.700%, 2/15/2032 | 5,862 |
6,000 | Realty Income Corp., 3.400%, 1/15/2028 | 5,714 |
11,576 | ||
Retailers — 0.3% | ||
17,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 15,661 |
29,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 25,447 |
9,000 | Walmart, Inc., 4.100%, 4/15/2033 | 8,799 |
49,907 | ||
Technology — 0.6% | ||
33,000 | Apple, Inc., 2.500%, 2/09/2025 | 32,247 |
2,000 | Broadcom, Inc., 3.137%, 11/15/2035(b) | 1,644 |
12,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 11,573 |
13,000 | Intel Corp., 2.450%, 11/15/2029 | 11,636 |
19,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 16,531 |
18,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 16,534 |
18,000 | Oracle Corp., 2.950%, 5/15/2025 | 17,523 |
24,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 19,246 |
126,934 |
Principal Amount | Description | Value (†) |
Treasuries — 1.6% | ||
$39,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | $20,303 |
23,000 | U.S. Treasury Bonds, 2.250%, 5/15/2041 | 17,272 |
21,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 15,428 |
54,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 42,407 |
50,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 40,611 |
30,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 23,904 |
27,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 21,450 |
43,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 43,309 |
85,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 79,223 |
303,907 | ||
Utility Other — 0.1% | ||
27,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 22,488 |
Wireless — 0.1% | ||
18,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 19,458 |
Wirelines — 0.1% | ||
17,000 | AT&T, Inc., 3.650%, 6/01/2051 | 12,678 |
Total Bonds and Notes (Identified Cost $2,589,141) | 2,436,092 |
Shares | ||
Exchange-Traded Funds — 6.4% | ||
16,643 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $1,234,216) | 1,252,386 |
Mutual Funds — 10.0% | ||
52,965 | WCM Focused Emerging Markets Fund, Institutional Class | 673,711 |
53,984 | WCM Focused International Growth Fund, Institutional Class | 1,256,746 |
Total Mutual Funds (Identified Cost $2,148,146) | 1,930,457 | |
Affiliated Mutual Funds — 21.5% | ||
91,745 | Loomis Sayles Inflation Protected Securities Fund, Class N | 886,254 |
84,460 | Loomis Sayles Limited Term Government & Agency Fund, Class N | 913,020 |
130,214 | Mirova Global Green Bond Fund, Class N | 1,105,514 |
105,682 | Mirova International Sustainable Equity Fund, Class N | 1,252,334 |
Total Affiliated Mutual Funds (Identified Cost $4,522,873) | 4,157,122 |
Principal Amount | Description | Value (†) |
Short-Term Investments — 3.0% | ||
$576,720 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $576,776 on 2/01/2024 collateralized by $589,700 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $588,686 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $576,720) | $576,720 |
Total Investments — 100.2% (Identified Cost $19,102,763) | 19,385,033 | |
Other assets less liabilities — (0.2)% | (36,789 ) | |
Net Assets — 100.0% | $19,348,244 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $38,207 or 0.2% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation, Federal National Mortgage Association and Government National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 69.6 % |
Fixed Income | 27.6 |
Short-Term Investments | 3.0 |
Total Investments | 100.2 |
Other assets less liabilities | (0.2 ) |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 52.8% of Net Assets | ||
Aerospace & Defense — 1.0% | ||
259 | AAR Corp.(a) | $15,752 |
664 | Boeing Co.(a) | 140,131 |
52 | L3Harris Technologies, Inc. | 10,838 |
45 | Lockheed Martin Corp. | 19,323 |
106 | Moog, Inc., Class A | 14,819 |
16 | Northrop Grumman Corp. | 7,148 |
163 | RTX Corp. | 14,853 |
222,864 | ||
Air Freight & Logistics — 0.4% | ||
352 | Expeditors International of Washington, Inc. | 44,468 |
36 | FedEx Corp. | 8,687 |
206 | GXO Logistics, Inc.(a) | 11,202 |
103 | United Parcel Service, Inc., Class B | 14,616 |
78,973 | ||
Automobile Components — 0.6% | ||
54 | Aptiv PLC(a) | 4,392 |
1,120 | BorgWarner, Inc. | 37,968 |
741 | Dana, Inc. | 10,048 |
700 | Magna International, Inc. | 39,795 |
814 | Mobileye Global, Inc., Class A(a) | 21,050 |
168 | Phinia, Inc. | 5,080 |
95 | Visteon Corp.(a) | 10,953 |
129,286 | ||
Automobiles — 1.0% | ||
2,213 | General Motors Co. | 85,864 |
627 | Tesla, Inc.(a) | 117,431 |
99 | Thor Industries, Inc. | 11,189 |
214,484 | ||
Banks — 2.7% | ||
434 | Ameris Bancorp | 21,544 |
1,449 | Banc of California, Inc. | 19,967 |
2,458 | Bank of America Corp. | 83,596 |
1,223 | Citigroup, Inc. | 68,696 |
171 | Citizens Financial Group, Inc. | 5,592 |
246 | East West Bancorp, Inc. | 17,911 |
28 | First Citizens BancShares, Inc., Class A | 42,280 |
785 | First Financial Bancorp | 17,600 |
2,021 | FNB Corp. | 26,637 |
1,302 | Fulton Financial Corp. | 20,298 |
440 | International Bancshares Corp. | 23,258 |
405 | JPMorgan Chase & Co. | 70,616 |
122 | PNC Financial Services Group, Inc. | 18,448 |
230 | Regions Financial Corp. | 4,294 |
1,334 | Truist Financial Corp. | 49,438 |
423 | Webster Financial Corp. | 20,930 |
1,513 | Wells Fargo & Co. | 75,922 |
587,027 | ||
Beverages — 0.8% | ||
76 | Boston Beer Co., Inc., Class A(a) | 26,544 |
263 | Coca-Cola Co. | 15,646 |
241 | Keurig Dr Pepper, Inc. | 7,577 |
1,802 | Monster Beverage Corp.(a) | 99,146 |
173 | PepsiCo, Inc. | 29,156 |
178,069 | ||
Biotechnology — 1.3% | ||
177 | AbbVie, Inc. | 29,099 |
318 | Alnylam Pharmaceuticals, Inc.(a) | 54,985 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
47 | Amgen, Inc. | $14,770 |
19 | Biogen, Inc.(a) | 4,687 |
360 | CRISPR Therapeutics AG(a) | 22,662 |
193 | Cytokinetics, Inc.(a) | 15,079 |
254 | Gilead Sciences, Inc. | 19,878 |
218 | Halozyme Therapeutics, Inc.(a) | 7,379 |
89 | Incyte Corp.(a) | 5,231 |
123 | Neurocrine Biosciences, Inc.(a) | 17,192 |
80 | Regeneron Pharmaceuticals, Inc.(a) | 75,422 |
39 | United Therapeutics Corp.(a) | 8,377 |
14 | Vertex Pharmaceuticals, Inc.(a) | 6,067 |
280,828 | ||
Broadline Retail — 1.6% | ||
289 | Alibaba Group Holding Ltd., ADR | 20,857 |
1,841 | Amazon.com, Inc.(a) | 285,723 |
800 | eBay, Inc. | 32,856 |
339,436 | ||
Building Products — 0.8% | ||
56 | Carlisle Cos., Inc. | 17,599 |
127 | Carrier Global Corp. | 6,948 |
545 | Fortune Brands Innovations, Inc. | 42,286 |
43 | Lennox International, Inc. | 18,411 |
757 | Masco Corp. | 50,938 |
164 | Owens Corning | 24,851 |
143 | Trex Co., Inc.(a) | 11,652 |
172,685 | ||
Capital Markets — 3.3% | ||
1,174 | Bank of New York Mellon Corp. | 65,110 |
55 | BlackRock, Inc. | 42,587 |
83 | Cboe Global Markets, Inc. | 15,260 |
1,070 | Charles Schwab Corp. | 67,324 |
111 | CME Group, Inc. | 22,848 |
88 | FactSet Research Systems, Inc. | 41,881 |
140 | Goldman Sachs Group, Inc. | 53,761 |
751 | Intercontinental Exchange, Inc. | 95,625 |
365 | Janus Henderson Group PLC | 10,497 |
829 | KKR & Co., Inc. | 71,775 |
64 | Moody's Corp. | 25,091 |
119 | Morgan Stanley | 10,382 |
72 | MSCI, Inc. | 43,101 |
43 | Northern Trust Corp. | 3,425 |
58 | S&P Global, Inc. | 26,004 |
549 | SEI Investments Co. | 34,719 |
755 | State Street Corp. | 55,772 |
41 | T. Rowe Price Group, Inc. | 4,446 |
68 | Virtus Investment Partners, Inc. | 16,055 |
705,663 | ||
Chemicals — 0.9% | ||
17 | Air Products & Chemicals, Inc. | 4,347 |
211 | Celanese Corp. | 30,867 |
965 | Corteva, Inc. | 43,888 |
62 | DuPont de Nemours, Inc. | 3,832 |
80 | Ecolab, Inc. | 15,858 |
192 | HB Fuller Co. | 14,548 |
136 | Innospec, Inc. | 15,791 |
68 | Linde PLC | 27,528 |
169 | Minerals Technologies, Inc. | 11,044 |
Shares | Description | Value (†) |
Chemicals — continued | ||
24 | Sherwin-Williams Co. | $7,305 |
93 | Stepan Co. | 8,302 |
183,310 | ||
Commercial Services & Supplies — 0.1% | ||
100 | MSA Safety, Inc. | 16,503 |
32 | Waste Management, Inc. | 5,940 |
22,443 | ||
Communications Equipment — 0.3% | ||
242 | Ciena Corp.(a) | 12,826 |
518 | Cisco Systems, Inc. | 25,993 |
73 | F5, Inc.(a) | 13,410 |
24 | Motorola Solutions, Inc. | 7,668 |
59,897 | ||
Construction & Engineering — 0.1% | ||
335 | AECOM | 29,544 |
Construction Materials — 0.1% | ||
27 | Martin Marietta Materials, Inc. | 13,727 |
66 | Vulcan Materials Co. | 14,917 |
28,644 | ||
Consumer Finance — 1.3% | ||
2,385 | Ally Financial, Inc. | 87,482 |
445 | American Express Co. | 89,329 |
674 | Capital One Financial Corp. | 91,206 |
132 | Synchrony Financial | 5,131 |
273,148 | ||
Consumer Staples Distribution & Retail — 1.0% | ||
193 | BJ's Wholesale Club Holdings, Inc.(a) | 12,418 |
46 | Casey's General Stores, Inc. | 12,483 |
47 | Costco Wholesale Corp. | 32,659 |
2,185 | Kroger Co. | 100,816 |
322 | Sprouts Farmers Market, Inc.(a) | 16,219 |
40 | Target Corp. | 5,563 |
214 | Walmart, Inc. | 35,363 |
215,521 | ||
Containers & Packaging — 0.2% | ||
49 | Ball Corp. | 2,717 |
196 | Crown Holdings, Inc. | 17,346 |
317 | Sonoco Products Co. | 18,037 |
38,100 | ||
Distributors — 0.0% | ||
45 | Genuine Parts Co. | 6,310 |
Diversified Consumer Services — 0.1% | ||
115 | Grand Canyon Education, Inc.(a) | 15,018 |
238 | Service Corp. International | 15,974 |
30,992 | ||
Diversified REITs — 0.1% | ||
570 | American Assets Trust, Inc. | 12,785 |
Diversified Telecommunication Services — 0.3% | ||
1,159 | AT&T, Inc. | 20,503 |
184 | Iridium Communications, Inc. | 6,672 |
802 | Verizon Communications, Inc. | 33,964 |
61,139 | ||
Electric Utilities — 0.3% | ||
235 | American Electric Power Co., Inc. | 18,363 |
284 | Evergy, Inc. | 14,419 |
221 | Eversource Energy | 11,982 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
153 | Exelon Corp. | $5,326 |
199 | FirstEnergy Corp. | 7,299 |
134 | IDACORP, Inc. | 12,406 |
69,795 | ||
Electrical Equipment — 0.3% | ||
112 | Eaton Corp. PLC | 27,561 |
170 | Emerson Electric Co. | 15,594 |
294 | nVent Electric PLC | 17,652 |
107 | Regal Rexnord Corp. | 14,280 |
75,087 | ||
Electronic Equipment, Instruments & Components — 0.6% | ||
149 | Advanced Energy Industries, Inc. | 15,523 |
140 | Amphenol Corp., Class A | 14,154 |
313 | Avnet, Inc. | 14,179 |
260 | Cognex Corp. | 9,396 |
80 | Corning, Inc. | 2,599 |
795 | Knowles Corp.(a) | 12,967 |
50 | Littelfuse, Inc. | 12,095 |
264 | TE Connectivity Ltd. | 37,538 |
19 | Teledyne Technologies, Inc.(a) | 7,951 |
18 | Zebra Technologies Corp., Class A(a) | 4,312 |
130,714 | ||
Energy Equipment & Services — 0.2% | ||
435 | ChampionX Corp. | 11,923 |
902 | NOV, Inc. | 17,598 |
214 | Schlumberger NV | 10,422 |
39,943 | ||
Entertainment — 1.5% | ||
79 | Electronic Arts, Inc. | 10,869 |
252 | Netflix, Inc.(a) | 142,156 |
39 | Take-Two Interactive Software, Inc.(a) | 6,432 |
1,289 | Walt Disney Co. | 123,808 |
3,996 | Warner Bros Discovery, Inc.(a) | 40,040 |
323,305 | ||
Financial Services — 2.0% | ||
423 | Block, Inc.(a) | 27,499 |
508 | Fiserv, Inc.(a) | 72,070 |
305 | Global Payments, Inc. | 40,635 |
33 | Jack Henry & Associates, Inc. | 5,472 |
63 | Mastercard, Inc., Class A | 28,302 |
1,279 | MGIC Investment Corp. | 25,375 |
531 | PayPal Holdings, Inc.(a) | 32,577 |
598 | Visa, Inc., Class A | 163,410 |
307 | Voya Financial, Inc. | 22,218 |
70 | WEX, Inc.(a) | 14,307 |
431,865 | ||
Food Products — 0.7% | ||
158 | Campbell Soup Co. | 7,052 |
252 | Conagra Brands, Inc. | 7,346 |
178 | Darling Ingredients, Inc.(a) | 7,708 |
298 | General Mills, Inc. | 19,343 |
47 | Hershey Co. | 9,096 |
271 | Hormel Foods Corp. | 8,230 |
132 | Ingredion, Inc. | 14,199 |
49 | J M Smucker Co. | 6,446 |
191 | Kellanova | 10,459 |
592 | Kraft Heinz Co. | 21,981 |
Shares | Description | Value (†) |
Food Products — continued | ||
125 | McCormick & Co., Inc. | $8,520 |
334 | Mondelez International, Inc., Class A | 25,140 |
145,520 | ||
Gas Utilities — 0.2% | ||
105 | Atmos Energy Corp. | 11,964 |
358 | New Jersey Resources Corp. | 14,617 |
148 | ONE Gas, Inc. | 9,083 |
35,664 | ||
Ground Transportation — 0.4% | ||
438 | CSX Corp. | 15,637 |
32 | JB Hunt Transport Services, Inc. | 6,431 |
66 | Norfolk Southern Corp. | 15,526 |
93 | Ryder System, Inc. | 10,562 |
36 | Saia, Inc.(a) | 16,221 |
98 | Uber Technologies, Inc.(a) | 6,396 |
44 | Union Pacific Corp. | 10,733 |
156 | XPO, Inc.(a) | 13,329 |
94,835 | ||
Health Care Equipment & Supplies — 1.1% | ||
244 | Abbott Laboratories | 27,609 |
18 | Align Technology, Inc.(a) | 4,812 |
773 | Baxter International, Inc. | 29,907 |
61 | Becton Dickinson & Co. | 14,567 |
78 | Edwards Lifesciences Corp.(a) | 6,121 |
36 | GE HealthCare Technologies, Inc. | 2,641 |
137 | Globus Medical, Inc., Class A(a) | 7,232 |
104 | Haemonetics Corp.(a) | 7,952 |
121 | Intuitive Surgical, Inc.(a) | 45,765 |
165 | LeMaitre Vascular, Inc. | 9,577 |
225 | Medtronic PLC | 19,696 |
268 | Merit Medical Systems, Inc.(a) | 20,984 |
52 | Penumbra, Inc.(a) | 13,114 |
40 | Shockwave Medical, Inc.(a) | 9,050 |
29 | Stryker Corp. | 9,729 |
228,756 | ||
Health Care Providers & Services — 1.5% | ||
199 | Acadia Healthcare Co., Inc.(a) | 16,346 |
107 | Cardinal Health, Inc. | 11,683 |
837 | Centene Corp.(a) | 63,034 |
32 | Chemed Corp. | 18,969 |
62 | Cigna Group | 18,659 |
573 | CVS Health Corp. | 42,614 |
45 | Elevance Health, Inc. | 22,205 |
147 | HCA Healthcare, Inc. | 44,820 |
103 | Henry Schein, Inc.(a) | 7,709 |
11 | Humana, Inc. | 4,159 |
28 | Laboratory Corp. of America Holdings | 6,224 |
16 | McKesson Corp. | 7,998 |
349 | Select Medical Holdings Corp. | 9,071 |
92 | UnitedHealth Group, Inc. | 47,080 |
320,571 | ||
Health Care REITs — 0.1% | ||
945 | Physicians Realty Trust | 11,567 |
Health Care Technology — 0.4% | ||
1,341 | Doximity, Inc., Class A(a) | 36,140 |
240 | Veeva Systems, Inc., Class A(a) | 49,778 |
85,918 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
220 | Host Hotels & Resorts, Inc. | $4,228 |
Hotels, Restaurants & Leisure — 1.1% | ||
402 | Aramark | 11,690 |
4 | Booking Holdings, Inc.(a) | 14,030 |
4 | Chipotle Mexican Grill, Inc.(a) | 9,635 |
123 | Hilton Worldwide Holdings, Inc. | 23,488 |
148 | Marriott Vacations Worldwide Corp. | 12,416 |
94 | McDonald's Corp. | 27,515 |
638 | Starbucks Corp. | 59,353 |
335 | Travel & Leisure Co. | 13,541 |
54 | Wingstop, Inc. | 15,180 |
593 | Yum China Holdings, Inc. | 20,512 |
249 | Yum! Brands, Inc. | 32,243 |
239,603 | ||
Household Durables — 0.3% | ||
317 | KB Home | 18,890 |
127 | Meritage Homes Corp. | 21,033 |
116 | PulteGroup, Inc. | 12,129 |
408 | Taylor Morrison Home Corp.(a) | 21,273 |
73,325 | ||
Household Products — 0.5% | ||
196 | Church & Dwight Co., Inc. | 19,571 |
76 | Colgate-Palmolive Co. | 6,399 |
477 | Energizer Holdings, Inc. | 15,083 |
359 | Procter & Gamble Co. | 56,413 |
97,466 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
488 | AES Corp. | 8,140 |
Industrial Conglomerates — 0.3% | ||
52 | 3M Co. | 4,906 |
262 | General Electric Co. | 34,694 |
146 | Honeywell International, Inc. | 29,530 |
69,130 | ||
Industrial REITs — 0.2% | ||
92 | Prologis, Inc. | 11,655 |
447 | Rexford Industrial Realty, Inc. | 23,508 |
35,163 | ||
Insurance — 1.8% | ||
44 | Allstate Corp. | 6,831 |
1,014 | American International Group, Inc. | 70,483 |
138 | Arch Capital Group Ltd.(a) | 11,375 |
86 | Arthur J Gallagher & Co. | 19,966 |
43 | Assurant, Inc. | 7,222 |
348 | Assured Guaranty Ltd. | 28,233 |
63 | Chubb Ltd. | 15,435 |
228 | First American Financial Corp. | 13,760 |
140 | Hanover Insurance Group, Inc. | 18,482 |
147 | Hartford Financial Services Group, Inc. | 12,783 |
61 | Marsh & McLennan Cos., Inc. | 11,824 |
109 | Prudential Financial, Inc. | 11,437 |
276 | Reinsurance Group of America, Inc. | 47,994 |
201 | Selective Insurance Group, Inc. | 21,077 |
109 | Travelers Cos., Inc. | 23,038 |
274 | Willis Towers Watson PLC | 67,486 |
387,426 | ||
Interactive Media & Services — 2.8% | ||
985 | Alphabet, Inc., Class A(a) | 137,998 |
1,337 | Alphabet, Inc., Class C(a) | 189,587 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
657 | Meta Platforms, Inc., Class A(a) | $256,322 |
372 | Yelp, Inc.(a) | 16,267 |
415 | ZoomInfo Technologies, Inc.(a) | 6,657 |
606,831 | ||
IT Services — 0.7% | ||
75 | Accenture PLC, Class A | 27,291 |
211 | Cognizant Technology Solutions Corp., Class A | 16,272 |
208 | GoDaddy, Inc., Class A(a) | 22,185 |
159 | International Business Machines Corp. | 29,202 |
580 | Shopify, Inc., Class A(a) | 46,441 |
141,391 | ||
Leisure Products — 0.1% | ||
715 | Mattel, Inc.(a) | 12,792 |
161 | YETI Holdings, Inc.(a) | 7,079 |
19,871 | ||
Life Sciences Tools & Services — 0.9% | ||
44 | Agilent Technologies, Inc. | 5,724 |
164 | Danaher Corp. | 39,345 |
263 | Illumina, Inc.(a) | 37,612 |
302 | IQVIA Holdings, Inc.(a) | 62,886 |
73 | Repligen Corp.(a) | 13,826 |
48 | Thermo Fisher Scientific, Inc. | 25,871 |
185,264 | ||
Machinery — 1.0% | ||
103 | AGCO Corp. | 12,600 |
33 | Caterpillar, Inc. | 9,910 |
59 | Chart Industries, Inc.(a) | 6,886 |
14 | Cummins, Inc. | 3,350 |
45 | Deere & Co. | 17,711 |
86 | Dover Corp. | 12,881 |
128 | Fortive Corp. | 10,007 |
315 | Graco, Inc. | 26,870 |
27 | Illinois Tool Works, Inc. | 7,044 |
220 | ITT, Inc. | 26,572 |
132 | Oshkosh Corp. | 14,533 |
29 | Parker-Hannifin Corp. | 13,471 |
156 | SPX Technologies, Inc.(a) | 15,700 |
219 | Terex Corp. | 13,453 |
192 | Toro Co. | 17,756 |
208,744 | ||
Media — 0.8% | ||
136 | Charter Communications, Inc., Class A(a) | 50,416 |
1,563 | Comcast Corp., Class A | 72,742 |
433 | Interpublic Group of Cos., Inc. | 14,285 |
302 | Liberty Broadband Corp., Class C(a) | 23,692 |
195 | Omnicom Group, Inc. | 17,624 |
178,759 | ||
Metals & Mining — 0.4% | ||
449 | Alcoa Corp. | 13,358 |
748 | Cleveland-Cliffs, Inc.(a) | 14,997 |
226 | Commercial Metals Co. | 11,802 |
92 | Newmont Corp. | 3,175 |
69 | Reliance Steel & Aluminum Co. | 19,694 |
271 | U.S. Steel Corp. | 12,742 |
75,768 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.2% | ||
1,569 | Annaly Capital Management, Inc. | $30,109 |
631 | KKR Real Estate Finance Trust, Inc. | 7,724 |
37,833 | ||
Multi-Utilities — 0.1% | ||
153 | Consolidated Edison, Inc. | 13,908 |
63 | DTE Energy Co. | 6,641 |
43 | WEC Energy Group, Inc. | 3,473 |
24,022 | ||
Office REITs — 0.3% | ||
808 | COPT Defense Properties | 19,036 |
549 | Douglas Emmett, Inc. | 7,439 |
731 | Easterly Government Properties, Inc. | 8,977 |
671 | Highwoods Properties, Inc. | 15,413 |
483 | Kilroy Realty Corp. | 17,272 |
68,137 | ||
Oil, Gas & Consumable Fuels — 2.3% | ||
1,097 | Antero Midstream Corp. | 13,427 |
311 | Antero Resources Corp.(a) | 6,948 |
1,703 | APA Corp. | 53,355 |
254 | Chevron Corp. | 37,447 |
521 | CNX Resources Corp.(a) | 10,524 |
729 | ConocoPhillips | 81,553 |
202 | Devon Energy Corp. | 8,488 |
559 | EOG Resources, Inc. | 63,609 |
558 | Exxon Mobil Corp. | 57,368 |
51 | Hess Corp. | 7,167 |
228 | HF Sinclair Corp. | 12,880 |
752 | Kinder Morgan, Inc. | 12,724 |
134 | ONEOK, Inc. | 9,145 |
342 | Ovintiv, Inc. | 14,508 |
516 | Phillips 66 | 74,464 |
396 | Range Resources Corp. | 11,500 |
1,501 | Southwestern Energy Co.(a) | 9,681 |
53 | Valero Energy Corp. | 7,362 |
271 | Williams Cos., Inc. | 9,393 |
501,543 | ||
Passenger Airlines — 0.1% | ||
431 | Delta Air Lines, Inc. | 16,869 |
Personal Care Products — 0.0% | ||
27 | Estee Lauder Cos., Inc., Class A | 3,564 |
Pharmaceuticals — 1.4% | ||
412 | Bristol-Myers Squibb Co. | 20,134 |
39 | Eli Lilly & Co. | 25,179 |
98 | Jazz Pharmaceuticals PLC(a) | 12,027 |
381 | Johnson & Johnson | 60,541 |
327 | Merck & Co., Inc. | 39,495 |
223 | Novartis AG, ADR | 23,074 |
453 | Novo Nordisk AS, ADR | 51,977 |
229 | Perrigo Co. PLC | 7,346 |
844 | Pfizer, Inc. | 22,856 |
673 | Roche Holding AG, ADR | 23,649 |
101 | Zoetis, Inc. | 18,969 |
305,247 | ||
Professional Services — 0.4% | ||
32 | Automatic Data Processing, Inc. | 7,865 |
125 | Equifax, Inc. | 30,542 |
138 | Exponent, Inc. | 12,170 |
186 | Korn Ferry | 10,913 |
Shares | Description | Value (†) |
Professional Services — continued | ||
74 | Leidos Holdings, Inc. | $8,175 |
36 | Paychex, Inc. | 4,382 |
72 | Paylocity Holding Corp.(a) | 11,406 |
85,453 | ||
Real Estate Management & Development — 0.4% | ||
813 | CBRE Group, Inc., Class A(a) | 70,170 |
90 | Jones Lang LaSalle, Inc.(a) | 15,935 |
86,105 | ||
Residential REITs — 0.1% | ||
51 | AvalonBay Communities, Inc. | 9,129 |
71 | Camden Property Trust | 6,663 |
15,792 | ||
Retail REITs — 0.2% | ||
1,304 | Brixmor Property Group, Inc. | 29,262 |
453 | NNN REIT, Inc. | 18,274 |
44 | Simon Property Group, Inc. | 6,099 |
53,635 | ||
Semiconductors & Semiconductor Equipment — 2.7% | ||
97 | Advanced Micro Devices, Inc.(a) | 16,266 |
109 | Analog Devices, Inc. | 20,967 |
571 | ARM Holdings PLC, ADR(a) | 40,353 |
22 | Broadcom, Inc. | 25,960 |
647 | Intel Corp. | 27,873 |
193 | Lattice Semiconductor Corp.(a) | 11,746 |
103 | Micron Technology, Inc. | 8,832 |
477 | NVIDIA Corp. | 293,484 |
101 | Onto Innovation, Inc.(a) | 16,311 |
64 | Qorvo, Inc.(a) | 6,383 |
382 | QUALCOMM, Inc. | 56,731 |
72 | Silicon Laboratories, Inc.(a) | 8,882 |
127 | Synaptics, Inc.(a) | 13,565 |
124 | Texas Instruments, Inc. | 19,855 |
78 | Universal Display Corp. | 13,242 |
580,450 | ||
Software — 4.1% | ||
26 | Adobe, Inc.(a) | 16,062 |
54 | ANSYS, Inc.(a) | 17,703 |
368 | Autodesk, Inc.(a) | 93,402 |
35 | Cadence Design Systems, Inc.(a) | 10,096 |
274 | Dynatrace, Inc.(a) | 15,618 |
18 | Intuit, Inc. | 11,364 |
103 | Manhattan Associates, Inc.(a) | 24,984 |
587 | Microsoft Corp. | 233,380 |
1,315 | Oracle Corp. | 146,886 |
24 | Palo Alto Networks, Inc.(a) | 8,124 |
51 | PTC, Inc.(a) | 9,213 |
73 | Qualys, Inc.(a) | 13,809 |
48 | Roper Technologies, Inc. | 25,776 |
493 | Salesforce, Inc.(a) | 138,577 |
21 | ServiceNow, Inc.(a) | 16,073 |
65 | SPS Commerce, Inc.(a) | 11,947 |
22 | Synopsys, Inc.(a) | 11,734 |
23 | Tyler Technologies, Inc.(a) | 9,723 |
222 | Workday, Inc., Class A(a) | 64,618 |
879,089 | ||
Specialized REITs — 0.1% | ||
24 | American Tower Corp. | 4,696 |
48 | Crown Castle, Inc. | 5,196 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
27 | Digital Realty Trust, Inc. | $3,792 |
9 | Equinix, Inc. | 7,468 |
137 | Weyerhaeuser Co. | 4,490 |
25,642 | ||
Specialty Retail — 0.8% | ||
43 | Asbury Automotive Group, Inc.(a) | 8,990 |
96 | Burlington Stores, Inc.(a) | 18,350 |
67 | Dick's Sporting Goods, Inc. | 9,988 |
68 | Five Below, Inc.(a) | 12,203 |
174 | Floor & Decor Holdings, Inc., Class A(a) | 17,497 |
96 | Home Depot, Inc. | 33,884 |
42 | Lithia Motors, Inc. | 12,384 |
56 | Lowe's Cos., Inc. | 11,919 |
56 | Ross Stores, Inc. | 7,856 |
243 | TJX Cos., Inc. | 23,063 |
70 | Williams-Sonoma, Inc. | 13,537 |
169,671 | ||
Technology Hardware, Storage & Peripherals — 0.7% | ||
681 | Apple, Inc. | 125,576 |
272 | Hewlett Packard Enterprise Co. | 4,159 |
167 | HP, Inc. | 4,795 |
76 | NetApp, Inc. | 6,627 |
141,157 | ||
Textiles, Apparel & Luxury Goods — 0.4% | ||
82 | Crocs, Inc.(a) | 8,321 |
35 | Deckers Outdoor Corp.(a) | 26,381 |
185 | NIKE, Inc., Class B | 18,783 |
125 | PVH Corp. | 15,033 |
2,212 | Under Armour, Inc., Class A(a) | 16,855 |
1,287 | Under Armour, Inc., Class C(a) | 9,524 |
94,897 | ||
Trading Companies & Distributors — 0.2% | ||
94 | GATX Corp. | 11,529 |
58 | Watsco, Inc. | 22,677 |
34,206 | ||
Water Utilities — 0.1% | ||
145 | American States Water Co. | 10,817 |
37 | American Water Works Co., Inc. | 4,589 |
309 | Essential Utilities, Inc. | 11,081 |
26,487 | ||
Total Common Stocks (Identified Cost $10,118,069) | 11,345,596 |
Principal Amount | ||
Bonds and Notes — 8.4% | ||
Apartment REITs — 0.0% | ||
$6,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 5,355 |
Automotive — 0.2% | ||
19,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 18,712 |
8,000 | Lear Corp., 4.250%, 5/15/2029 | 7,725 |
12,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 10,530 |
36,967 | ||
Banking — 1.1% | ||
17,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 16,253 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$5,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | $4,999 |
6,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 5,996 |
16,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 14,739 |
14,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 13,889 |
16,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 15,726 |
13,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 12,975 |
16,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 13,761 |
7,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 6,566 |
12,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 11,014 |
7,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 6,822 |
22,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 20,860 |
23,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 22,855 |
6,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 5,921 |
8,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 7,928 |
13,000 | State Street Corp., 2.400%, 1/24/2030 | 11,602 |
7,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 5,836 |
16,000 | Truist Bank, 3.200%, 4/01/2024 | 15,933 |
26,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 25,313 |
238,988 | ||
Brokerage — 0.2% | ||
18,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 15,893 |
25,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 17,343 |
33,236 | ||
Building Materials — 0.2% | ||
15,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 13,867 |
23,000 | Owens Corning, 3.950%, 8/15/2029 | 21,959 |
35,826 | ||
Chemicals — 0.1% | ||
20,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 16,751 |
6,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 5,697 |
22,448 | ||
Consumer Products — 0.1% | ||
15,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 13,991 |
Diversified Manufacturing — 0.1% | ||
19,000 | Eaton Corp., 4.150%, 3/15/2033 | 18,326 |
9,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 8,053 |
26,379 | ||
Electric — 0.4% | ||
8,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 7,254 |
11,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 10,954 |
21,000 | Entergy Corp., 0.900%, 9/15/2025 | 19,663 |
12,000 | Exelon Corp., 4.050%, 4/15/2030 | 11,446 |
17,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 14,528 |
9,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 8,601 |
3,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 2,469 |
19,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 18,439 |
93,354 |
Principal Amount | Description | Value (†) |
Environmental — 0.1% | ||
$7,000 | Republic Services, Inc., 1.450%, 2/15/2031 | $5,640 |
24,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 18,342 |
23,982 | ||
Finance Companies — 0.1% | ||
10,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 9,632 |
13,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 11,711 |
21,343 | ||
Food & Beverage — 0.3% | ||
20,000 | Coca-Cola Co., 1.450%, 6/01/2027 | 18,285 |
16,000 | General Mills, Inc., 4.000%, 4/17/2025 | 15,802 |
10,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 9,024 |
20,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 18,182 |
61,293 | ||
Government Owned - No Guarantee — 0.2% | ||
11,000 | Equinor ASA, 3.625%, 4/06/2040 | 9,422 |
24,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 27,553 |
36,975 | ||
Health Care REITs — 0.0% | ||
12,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 10,383 |
Health Insurance — 0.1% | ||
16,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 15,710 |
10,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 10,934 |
26,644 | ||
Healthcare — 0.2% | ||
5,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 4,930 |
6,000 | CVS Health Corp., 4.300%, 3/25/2028 | 5,895 |
8,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 7,807 |
11,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 10,544 |
10,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 8,944 |
38,120 | ||
Integrated Energy — 0.1% | ||
17,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 16,672 |
11,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 12,650 |
29,322 | ||
Life Insurance — 0.1% | ||
4,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 4,134 |
14,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 12,974 |
17,108 | ||
Media Entertainment — 0.1% | ||
12,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 11,773 |
Metals & Mining — 0.0% | ||
11,000 | Nucor Corp., 3.125%, 4/01/2032 | 9,828 |
Mortgage Related — 2.1% | ||
40,837 | Federal Home Loan Mortgage Corp., 2.000%, 3/01/2052 | 32,935 |
58,631 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities from 2051 to 2052(c) | 49,360 |
59,012 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities from 2049 to 2052(c) | 51,677 |
58,884 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities in 2052(c) | 53,605 |
7,441 | Federal Home Loan Mortgage Corp., 4.000%, with various maturities in 2052(c) | 7,006 |
44,596 | Federal National Mortgage Association, 2.000%, with various maturities from 2050 to 2052(c) | 36,030 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$55,546 | Federal National Mortgage Association, 2.500%, with various maturities from 2050 to 2052(c) | $46,877 |
42,245 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | 37,118 |
20,183 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 18,408 |
31,766 | Federal National Mortgage Association, 4.000%, with various maturities from 2049 to 2053(c) | 29,907 |
14,972 | Federal National Mortgage Association, 4.500%, with various maturities from 2049 to 2053(c) | 14,483 |
21,619 | Government National Mortgage Association, 3.000%, 6/20/2052 | 19,306 |
9,849 | Government National Mortgage Association, 4.000%, 8/20/2053 | 9,353 |
7,894 | Government National Mortgage Association, 5.000%, 7/20/2053 | 7,840 |
37,703 | Government National Mortgage Association, 5.500%, 4/20/2053 | 37,946 |
451,851 | ||
Office REITs — 0.1% | ||
21,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 20,512 |
11,000 | Boston Properties LP, 2.750%, 10/01/2026 | 10,254 |
30,766 | ||
Oil Field Services — 0.1% | ||
12,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 11,434 |
Other REITs — 0.0% | ||
9,000 | Prologis LP, 1.250%, 10/15/2030 | 7,271 |
Pharmaceuticals — 0.2% | ||
22,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 18,897 |
8,000 | Biogen, Inc., 2.250%, 5/01/2030 | 6,819 |
10,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 9,475 |
5,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 4,178 |
13,000 | Viatris, Inc., 3.850%, 6/22/2040 | 9,840 |
49,209 | ||
Property & Casualty Insurance — 0.1% | ||
4,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 3,583 |
15,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 12,877 |
16,460 | ||
Railroads — 0.1% | ||
21,000 | CSX Corp., 2.600%, 11/01/2026 | 19,997 |
Restaurants — 0.1% | ||
18,000 | Starbucks Corp., 2.250%, 3/12/2030 | 15,702 |
Retail REITs — 0.0% | ||
2,000 | Realty Income Corp., 2.700%, 2/15/2032 | 1,675 |
8,000 | Realty Income Corp., 3.400%, 1/15/2028 | 7,618 |
9,293 | ||
Retailers — 0.2% | ||
15,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 13,819 |
20,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 17,549 |
8,000 | Walmart, Inc., 4.100%, 4/15/2033 | 7,822 |
39,190 | ||
Technology — 0.5% | ||
32,000 | Apple, Inc., 2.500%, 2/09/2025 | 31,269 |
4,000 | Broadcom, Inc., 3.137%, 11/15/2035(b) | 3,288 |
13,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 12,538 |
10,000 | Intel Corp., 2.450%, 11/15/2029 | 8,951 |
Principal Amount | Description | Value (†) |
Technology — continued | ||
$16,000 | International Business Machines Corp., 4.000%, 6/20/2042 | $13,921 |
16,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 14,697 |
17,000 | Oracle Corp., 2.950%, 5/15/2025 | 16,550 |
17,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 13,632 |
114,846 | ||
Treasuries — 1.0% | ||
25,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 13,015 |
15,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 11,020 |
39,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 30,627 |
43,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 34,926 |
24,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 19,123 |
27,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 21,450 |
28,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 28,201 |
55,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 51,262 |
209,624 | ||
Utility Other — 0.1% | ||
18,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 14,992 |
Wireless — 0.1% | ||
13,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 14,053 |
Wirelines — 0.0% | ||
13,000 | AT&T, Inc., 3.650%, 6/01/2051 | 9,695 |
Total Bonds and Notes (Identified Cost $1,880,801) | 1,807,698 |
Shares | ||
Exchange-Traded Funds — 7.0% | ||
20,023 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $1,482,745) | 1,506,731 |
Mutual Funds — 11.0% | ||
66,763 | WCM Focused Emerging Markets Fund, Institutional Class | 849,228 |
64,859 | WCM Focused International Growth Fund, Institutional Class | 1,509,923 |
Total Mutual Funds (Identified Cost $2,570,979) | 2,359,151 | |
Affiliated Mutual Funds — 17.6% | ||
79,773 | Loomis Sayles Inflation Protected Securities Fund, Class N | 770,601 |
56,953 | Loomis Sayles Limited Term Government & Agency Fund, Class N | 615,662 |
104,301 | Mirova Global Green Bond Fund, Class N | 885,516 |
127,986 | Mirova International Sustainable Equity Fund, Class N | 1,516,638 |
Total Affiliated Mutual Funds (Identified Cost $4,027,441) | 3,788,417 |
Principal Amount | Description | Value (†) |
Short-Term Investments — 3.4% | ||
$727,742 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $727,812 on 2/01/2024 collateralized by $744,100 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $742,821 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $727,742) | $727,742 |
Total Investments — 100.2% (Identified Cost $20,807,777) | 21,535,335 | |
Other assets less liabilities — (0.2)% | (48,030 ) | |
Net Assets — 100.0% | $21,487,305 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $34,165 or 0.2% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation and Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 77.8 % |
Fixed Income | 19.0 |
Short-Term Investments | 3.4 |
Total Investments | 100.2 |
Other assets less liabilities | (0.2 ) |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 54.7% of Net Assets | ||
Aerospace & Defense — 1.1% | ||
243 | AAR Corp.(a) | $14,779 |
612 | Boeing Co.(a) | 129,157 |
48 | L3Harris Technologies, Inc. | 10,004 |
42 | Lockheed Martin Corp. | 18,035 |
100 | Moog, Inc., Class A | 13,980 |
15 | Northrop Grumman Corp. | 6,701 |
147 | RTX Corp. | 13,395 |
206,051 | ||
Air Freight & Logistics — 0.4% | ||
329 | Expeditors International of Washington, Inc. | 41,562 |
34 | FedEx Corp. | 8,204 |
192 | GXO Logistics, Inc.(a) | 10,441 |
93 | United Parcel Service, Inc., Class B | 13,197 |
73,404 | ||
Automobile Components — 0.6% | ||
45 | Aptiv PLC(a) | 3,660 |
1,038 | BorgWarner, Inc. | 35,188 |
667 | Dana, Inc. | 9,044 |
653 | Magna International, Inc. | 37,123 |
765 | Mobileye Global, Inc., Class A(a) | 19,783 |
171 | Phinia, Inc. | 5,171 |
89 | Visteon Corp.(a) | 10,261 |
120,230 | ||
Automobiles — 1.0% | ||
2,051 | General Motors Co. | 79,579 |
581 | Tesla, Inc.(a) | 108,815 |
94 | Thor Industries, Inc. | 10,624 |
199,018 | ||
Banks — 2.8% | ||
408 | Ameris Bancorp | 20,253 |
1,360 | Banc of California, Inc. | 18,741 |
2,300 | Bank of America Corp. | 78,223 |
1,137 | Citigroup, Inc. | 63,865 |
147 | Citizens Financial Group, Inc. | 4,807 |
232 | East West Bancorp, Inc. | 16,892 |
26 | First Citizens BancShares, Inc., Class A | 39,260 |
738 | First Financial Bancorp | 16,546 |
1,897 | FNB Corp. | 25,002 |
1,222 | Fulton Financial Corp. | 19,051 |
413 | International Bancshares Corp. | 21,831 |
372 | JPMorgan Chase & Co. | 64,862 |
116 | PNC Financial Services Group, Inc. | 17,540 |
204 | Regions Financial Corp. | 3,809 |
1,249 | Truist Financial Corp. | 46,288 |
389 | Webster Financial Corp. | 19,248 |
1,412 | Wells Fargo & Co. | 70,854 |
547,072 | ||
Beverages — 0.9% | ||
71 | Boston Beer Co., Inc., Class A(a) | 24,798 |
250 | Coca-Cola Co. | 14,873 |
200 | Keurig Dr Pepper, Inc. | 6,288 |
1,677 | Monster Beverage Corp.(a) | 92,269 |
165 | PepsiCo, Inc. | 27,807 |
166,035 | ||
Biotechnology — 1.4% | ||
168 | AbbVie, Inc. | 27,619 |
296 | Alnylam Pharmaceuticals, Inc.(a) | 51,181 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
44 | Amgen, Inc. | $13,827 |
17 | Biogen, Inc.(a) | 4,193 |
337 | CRISPR Therapeutics AG(a) | 21,214 |
182 | Cytokinetics, Inc.(a) | 14,220 |
237 | Gilead Sciences, Inc. | 18,548 |
203 | Halozyme Therapeutics, Inc.(a) | 6,872 |
81 | Incyte Corp.(a) | 4,760 |
116 | Neurocrine Biosciences, Inc.(a) | 16,213 |
75 | Regeneron Pharmaceuticals, Inc.(a) | 70,708 |
34 | United Therapeutics Corp.(a) | 7,303 |
12 | Vertex Pharmaceuticals, Inc.(a) | 5,201 |
261,859 | ||
Broadline Retail — 1.6% | ||
270 | Alibaba Group Holding Ltd., ADR | 19,486 |
1,718 | Amazon.com, Inc.(a) | 266,633 |
740 | eBay, Inc. | 30,392 |
316,511 | ||
Building Products — 0.8% | ||
51 | Carlisle Cos., Inc. | 16,027 |
117 | Carrier Global Corp. | 6,401 |
508 | Fortune Brands Innovations, Inc. | 39,416 |
41 | Lennox International, Inc. | 17,555 |
705 | Masco Corp. | 47,439 |
155 | Owens Corning | 23,487 |
129 | Trex Co., Inc.(a) | 10,511 |
160,836 | ||
Capital Markets — 3.4% | ||
1,089 | Bank of New York Mellon Corp. | 60,396 |
51 | BlackRock, Inc. | 39,490 |
78 | Cboe Global Markets, Inc. | 14,340 |
994 | Charles Schwab Corp. | 62,542 |
102 | CME Group, Inc. | 20,996 |
82 | FactSet Research Systems, Inc. | 39,025 |
131 | Goldman Sachs Group, Inc. | 50,305 |
694 | Intercontinental Exchange, Inc. | 88,367 |
329 | Janus Henderson Group PLC | 9,462 |
782 | KKR & Co., Inc. | 67,706 |
60 | Moody's Corp. | 23,522 |
110 | Morgan Stanley | 9,596 |
68 | MSCI, Inc. | 40,706 |
37 | Northern Trust Corp. | 2,947 |
54 | S&P Global, Inc. | 24,211 |
511 | SEI Investments Co. | 32,316 |
702 | State Street Corp. | 51,857 |
35 | T. Rowe Price Group, Inc. | 3,796 |
64 | Virtus Investment Partners, Inc. | 15,111 |
656,691 | ||
Chemicals — 0.9% | ||
15 | Air Products & Chemicals, Inc. | 3,836 |
199 | Celanese Corp. | 29,112 |
898 | Corteva, Inc. | 40,841 |
53 | DuPont de Nemours, Inc. | 3,275 |
75 | Ecolab, Inc. | 14,867 |
180 | HB Fuller Co. | 13,639 |
128 | Innospec, Inc. | 14,862 |
63 | Linde PLC | 25,504 |
152 | Minerals Technologies, Inc. | 9,933 |
Shares | Description | Value (†) |
Chemicals — continued | ||
23 | Sherwin-Williams Co. | $7,001 |
87 | Stepan Co. | 7,766 |
170,636 | ||
Commercial Services & Supplies — 0.1% | ||
92 | MSA Safety, Inc. | 15,183 |
31 | Waste Management, Inc. | 5,754 |
20,937 | ||
Communications Equipment — 0.3% | ||
218 | Ciena Corp.(a) | 11,554 |
482 | Cisco Systems, Inc. | 24,187 |
61 | F5, Inc.(a) | 11,206 |
23 | Motorola Solutions, Inc. | 7,348 |
54,295 | ||
Construction & Engineering — 0.1% | ||
315 | AECOM | 27,780 |
Construction Materials — 0.2% | ||
33 | Martin Marietta Materials, Inc. | 16,778 |
77 | Vulcan Materials Co. | 17,403 |
34,181 | ||
Consumer Finance — 1.3% | ||
2,236 | Ally Financial, Inc. | 82,016 |
411 | American Express Co. | 82,504 |
627 | Capital One Financial Corp. | 84,846 |
122 | Synchrony Financial | 4,742 |
254,108 | ||
Consumer Staples Distribution & Retail — 1.0% | ||
180 | BJ's Wholesale Club Holdings, Inc.(a) | 11,581 |
42 | Casey's General Stores, Inc. | 11,397 |
44 | Costco Wholesale Corp. | 30,575 |
2,030 | Kroger Co. | 93,664 |
303 | Sprouts Farmers Market, Inc.(a) | 15,262 |
36 | Target Corp. | 5,007 |
201 | Walmart, Inc. | 33,216 |
200,702 | ||
Containers & Packaging — 0.2% | ||
39 | Ball Corp. | 2,163 |
185 | Crown Holdings, Inc. | 16,372 |
298 | Sonoco Products Co. | 16,956 |
35,491 | ||
Distributors — 0.0% | ||
43 | Genuine Parts Co. | 6,030 |
Diversified Consumer Services — 0.1% | ||
109 | Grand Canyon Education, Inc.(a) | 14,234 |
224 | Service Corp. International | 15,035 |
29,269 | ||
Diversified REITs — 0.1% | ||
536 | American Assets Trust, Inc. | 12,023 |
Diversified Telecommunication Services — 0.3% | ||
1,080 | AT&T, Inc. | 19,105 |
172 | Iridium Communications, Inc. | 6,237 |
723 | Verizon Communications, Inc. | 30,619 |
55,961 | ||
Electric Utilities — 0.3% | ||
222 | American Electric Power Co., Inc. | 17,347 |
263 | Evergy, Inc. | 13,353 |
195 | Eversource Energy | 10,573 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
134 | Exelon Corp. | $4,665 |
161 | FirstEnergy Corp. | 5,905 |
121 | IDACORP, Inc. | 11,202 |
63,045 | ||
Electrical Equipment — 0.4% | ||
102 | Eaton Corp. PLC | 25,100 |
159 | Emerson Electric Co. | 14,585 |
276 | nVent Electric PLC | 16,571 |
101 | Regal Rexnord Corp. | 13,480 |
69,736 | ||
Electronic Equipment, Instruments & Components — 0.6% | ||
141 | Advanced Energy Industries, Inc. | 14,689 |
131 | Amphenol Corp., Class A | 13,244 |
294 | Avnet, Inc. | 13,318 |
235 | Cognex Corp. | 8,493 |
65 | Corning, Inc. | 2,112 |
747 | Knowles Corp.(a) | 12,184 |
46 | Littelfuse, Inc. | 11,127 |
247 | TE Connectivity Ltd. | 35,121 |
17 | Teledyne Technologies, Inc.(a) | 7,114 |
16 | Zebra Technologies Corp., Class A(a) | 3,833 |
121,235 | ||
Energy Equipment & Services — 0.2% | ||
392 | ChampionX Corp. | 10,745 |
847 | NOV, Inc. | 16,525 |
198 | Schlumberger NV | 9,642 |
36,912 | ||
Entertainment — 1.6% | ||
75 | Electronic Arts, Inc. | 10,318 |
234 | Netflix, Inc.(a) | 132,002 |
34 | Take-Two Interactive Software, Inc.(a) | 5,608 |
1,243 | Walt Disney Co. | 119,390 |
3,717 | Warner Bros Discovery, Inc.(a) | 37,244 |
304,562 | ||
Financial Services — 2.1% | ||
394 | Block, Inc.(a) | 25,614 |
472 | Fiserv, Inc.(a) | 66,963 |
285 | Global Payments, Inc. | 37,970 |
26 | Jack Henry & Associates, Inc. | 4,312 |
59 | Mastercard, Inc., Class A | 26,504 |
1,201 | MGIC Investment Corp. | 23,828 |
495 | PayPal Holdings, Inc.(a) | 30,368 |
554 | Visa, Inc., Class A | 151,386 |
283 | Voya Financial, Inc. | 20,481 |
63 | WEX, Inc.(a) | 12,877 |
400,303 | ||
Food Products — 0.7% | ||
142 | Campbell Soup Co. | 6,337 |
227 | Conagra Brands, Inc. | 6,617 |
166 | Darling Ingredients, Inc.(a) | 7,188 |
266 | General Mills, Inc. | 17,266 |
44 | Hershey Co. | 8,516 |
231 | Hormel Foods Corp. | 7,015 |
122 | Ingredion, Inc. | 13,124 |
45 | J M Smucker Co. | 5,920 |
178 | Kellanova | 9,747 |
548 | Kraft Heinz Co. | 20,347 |
Shares | Description | Value (†) |
Food Products — continued | ||
106 | McCormick & Co., Inc. | $7,225 |
299 | Mondelez International, Inc., Class A | 22,506 |
131,808 | ||
Gas Utilities — 0.2% | ||
99 | Atmos Energy Corp. | 11,280 |
337 | New Jersey Resources Corp. | 13,760 |
138 | ONE Gas, Inc. | 8,469 |
33,509 | ||
Ground Transportation — 0.4% | ||
378 | CSX Corp. | 13,495 |
32 | JB Hunt Transport Services, Inc. | 6,431 |
58 | Norfolk Southern Corp. | 13,644 |
87 | Ryder System, Inc. | 9,881 |
35 | Saia, Inc.(a) | 15,770 |
87 | Uber Technologies, Inc.(a) | 5,678 |
41 | Union Pacific Corp. | 10,001 |
147 | XPO, Inc.(a) | 12,560 |
87,460 | ||
Health Care Equipment & Supplies — 1.1% | ||
226 | Abbott Laboratories | 25,572 |
17 | Align Technology, Inc.(a) | 4,544 |
721 | Baxter International, Inc. | 27,896 |
57 | Becton Dickinson & Co. | 13,612 |
67 | Edwards Lifesciences Corp.(a) | 5,258 |
28 | GE HealthCare Technologies, Inc. | 2,054 |
123 | Globus Medical, Inc., Class A(a) | 6,493 |
97 | Haemonetics Corp.(a) | 7,417 |
113 | Intuitive Surgical, Inc.(a) | 42,739 |
154 | LeMaitre Vascular, Inc. | 8,938 |
209 | Medtronic PLC | 18,296 |
254 | Merit Medical Systems, Inc.(a) | 19,888 |
48 | Penumbra, Inc.(a) | 12,105 |
38 | Shockwave Medical, Inc.(a) | 8,598 |
28 | Stryker Corp. | 9,393 |
212,803 | ||
Health Care Providers & Services — 1.5% | ||
187 | Acadia Healthcare Co., Inc.(a) | 15,360 |
89 | Cardinal Health, Inc. | 9,718 |
772 | Centene Corp.(a) | 58,139 |
30 | Chemed Corp. | 17,784 |
57 | Cigna Group | 17,154 |
525 | CVS Health Corp. | 39,044 |
41 | Elevance Health, Inc. | 20,231 |
137 | HCA Healthcare, Inc. | 41,771 |
87 | Henry Schein, Inc.(a) | 6,511 |
9 | Humana, Inc. | 3,403 |
24 | Laboratory Corp. of America Holdings | 5,335 |
15 | McKesson Corp. | 7,499 |
325 | Select Medical Holdings Corp. | 8,447 |
85 | UnitedHealth Group, Inc. | 43,498 |
293,894 | ||
Health Care REITs — 0.1% | ||
851 | Physicians Realty Trust | 10,416 |
Health Care Technology — 0.4% | ||
1,249 | Doximity, Inc., Class A(a) | 33,661 |
223 | Veeva Systems, Inc., Class A(a) | 46,252 |
79,913 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
189 | Host Hotels & Resorts, Inc. | $3,633 |
Hotels, Restaurants & Leisure — 1.1% | ||
362 | Aramark | 10,527 |
3 | Booking Holdings, Inc.(a) | 10,522 |
4 | Chipotle Mexican Grill, Inc.(a) | 9,635 |
117 | Hilton Worldwide Holdings, Inc. | 22,342 |
135 | Marriott Vacations Worldwide Corp. | 11,325 |
85 | McDonald's Corp. | 24,881 |
586 | Starbucks Corp. | 54,516 |
302 | Travel & Leisure Co. | 12,207 |
50 | Wingstop, Inc. | 14,056 |
556 | Yum China Holdings, Inc. | 19,232 |
228 | Yum! Brands, Inc. | 29,524 |
218,767 | ||
Household Durables — 0.3% | ||
298 | KB Home | 17,758 |
117 | Meritage Homes Corp. | 19,376 |
99 | PulteGroup, Inc. | 10,351 |
383 | Taylor Morrison Home Corp.(a) | 19,970 |
67,455 | ||
Household Products — 0.5% | ||
182 | Church & Dwight Co., Inc. | 18,173 |
72 | Colgate-Palmolive Co. | 6,062 |
448 | Energizer Holdings, Inc. | 14,166 |
338 | Procter & Gamble Co. | 53,113 |
91,514 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
414 | AES Corp. | 6,906 |
Industrial Conglomerates — 0.3% | ||
49 | 3M Co. | 4,623 |
245 | General Electric Co. | 32,443 |
134 | Honeywell International, Inc. | 27,103 |
64,169 | ||
Industrial REITs — 0.2% | ||
87 | Prologis, Inc. | 11,022 |
420 | Rexford Industrial Realty, Inc. | 22,088 |
33,110 | ||
Insurance — 1.9% | ||
40 | Allstate Corp. | 6,210 |
944 | American International Group, Inc. | 65,617 |
130 | Arch Capital Group Ltd.(a) | 10,716 |
76 | Arthur J Gallagher & Co. | 17,644 |
43 | Assurant, Inc. | 7,222 |
328 | Assured Guaranty Ltd. | 26,611 |
58 | Chubb Ltd. | 14,210 |
214 | First American Financial Corp. | 12,915 |
129 | Hanover Insurance Group, Inc. | 17,029 |
137 | Hartford Financial Services Group, Inc. | 11,913 |
55 | Marsh & McLennan Cos., Inc. | 10,661 |
101 | Prudential Financial, Inc. | 10,598 |
258 | Reinsurance Group of America, Inc. | 44,864 |
185 | Selective Insurance Group, Inc. | 19,399 |
99 | Travelers Cos., Inc. | 20,925 |
256 | Willis Towers Watson PLC | 63,053 |
359,587 | ||
Interactive Media & Services — 2.9% | ||
791 | Alphabet, Inc., Class A(a) | 110,819 |
1,350 | Alphabet, Inc., Class C(a) | 191,430 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
611 | Meta Platforms, Inc., Class A(a) | $238,375 |
349 | Yelp, Inc.(a) | 15,262 |
368 | ZoomInfo Technologies, Inc.(a) | 5,903 |
561,789 | ||
IT Services — 0.7% | ||
70 | Accenture PLC, Class A | 25,472 |
185 | Cognizant Technology Solutions Corp., Class A | 14,267 |
192 | GoDaddy, Inc., Class A(a) | 20,479 |
149 | International Business Machines Corp. | 27,365 |
540 | Shopify, Inc., Class A(a) | 43,238 |
130,821 | ||
Leisure Products — 0.1% | ||
644 | Mattel, Inc.(a) | 11,521 |
151 | YETI Holdings, Inc.(a) | 6,640 |
18,161 | ||
Life Sciences Tools & Services — 0.9% | ||
40 | Agilent Technologies, Inc. | 5,204 |
152 | Danaher Corp. | 36,466 |
241 | Illumina, Inc.(a) | 34,465 |
282 | IQVIA Holdings, Inc.(a) | 58,721 |
69 | Repligen Corp.(a) | 13,069 |
46 | Thermo Fisher Scientific, Inc. | 24,793 |
172,718 | ||
Machinery — 1.0% | ||
93 | AGCO Corp. | 11,377 |
31 | Caterpillar, Inc. | 9,310 |
53 | Chart Industries, Inc.(a) | 6,186 |
11 | Cummins, Inc. | 2,632 |
43 | Deere & Co. | 16,924 |
80 | Dover Corp. | 11,982 |
109 | Fortive Corp. | 8,522 |
296 | Graco, Inc. | 25,249 |
26 | Illinois Tool Works, Inc. | 6,783 |
207 | ITT, Inc. | 25,001 |
124 | Oshkosh Corp. | 13,652 |
28 | Parker-Hannifin Corp. | 13,006 |
147 | SPX Technologies, Inc.(a) | 14,794 |
206 | Terex Corp. | 12,655 |
181 | Toro Co. | 16,739 |
194,812 | ||
Media — 0.9% | ||
127 | Charter Communications, Inc., Class A(a) | 47,080 |
1,458 | Comcast Corp., Class A | 67,855 |
399 | Interpublic Group of Cos., Inc. | 13,163 |
281 | Liberty Broadband Corp., Class C(a) | 22,045 |
176 | Omnicom Group, Inc. | 15,907 |
166,050 | ||
Metals & Mining — 0.4% | ||
422 | Alcoa Corp. | 12,554 |
703 | Cleveland-Cliffs, Inc.(a) | 14,095 |
204 | Commercial Metals Co. | 10,653 |
80 | Newmont Corp. | 2,761 |
64 | Reliance Steel & Aluminum Co. | 18,267 |
256 | U.S. Steel Corp. | 12,037 |
70,367 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.2% | ||
1,473 | Annaly Capital Management, Inc. | $28,267 |
588 | KKR Real Estate Finance Trust, Inc. | 7,197 |
35,464 | ||
Multi-Utilities — 0.1% | ||
141 | Consolidated Edison, Inc. | 12,817 |
56 | DTE Energy Co. | 5,904 |
36 | WEC Energy Group, Inc. | 2,907 |
21,628 | ||
Office REITs — 0.3% | ||
742 | COPT Defense Properties | 17,481 |
492 | Douglas Emmett, Inc. | 6,667 |
681 | Easterly Government Properties, Inc. | 8,363 |
630 | Highwoods Properties, Inc. | 14,471 |
454 | Kilroy Realty Corp. | 16,235 |
63,217 | ||
Oil, Gas & Consumable Fuels — 2.4% | ||
1,030 | Antero Midstream Corp. | 12,607 |
260 | Antero Resources Corp.(a) | 5,808 |
1,609 | APA Corp. | 50,410 |
237 | Chevron Corp. | 34,941 |
470 | CNX Resources Corp.(a) | 9,494 |
681 | ConocoPhillips | 76,184 |
187 | Devon Energy Corp. | 7,858 |
520 | EOG Resources, Inc. | 59,171 |
510 | Exxon Mobil Corp. | 52,433 |
44 | Hess Corp. | 6,183 |
205 | HF Sinclair Corp. | 11,581 |
648 | Kinder Morgan, Inc. | 10,964 |
115 | ONEOK, Inc. | 7,849 |
321 | Ovintiv, Inc. | 13,617 |
478 | Phillips 66 | 68,980 |
357 | Range Resources Corp. | 10,367 |
1,352 | Southwestern Energy Co.(a) | 8,720 |
50 | Valero Energy Corp. | 6,945 |
254 | Williams Cos., Inc. | 8,804 |
462,916 | ||
Passenger Airlines — 0.1% | ||
403 | Delta Air Lines, Inc. | 15,773 |
Personal Care Products — 0.0% | ||
22 | Estee Lauder Cos., Inc., Class A | 2,904 |
Pharmaceuticals — 1.5% | ||
381 | Bristol-Myers Squibb Co. | 18,619 |
36 | Eli Lilly & Co. | 23,242 |
88 | Jazz Pharmaceuticals PLC(a) | 10,799 |
353 | Johnson & Johnson | 56,092 |
297 | Merck & Co., Inc. | 35,872 |
207 | Novartis AG, ADR | 21,418 |
421 | Novo Nordisk AS, ADR | 48,306 |
194 | Perrigo Co. PLC | 6,223 |
782 | Pfizer, Inc. | 21,177 |
631 | Roche Holding AG, ADR | 22,173 |
96 | Zoetis, Inc. | 18,030 |
281,951 | ||
Professional Services — 0.4% | ||
27 | Automatic Data Processing, Inc. | 6,636 |
117 | Equifax, Inc. | 28,588 |
124 | Exponent, Inc. | 10,935 |
168 | Korn Ferry | 9,857 |
Shares | Description | Value (†) |
Professional Services — continued | ||
60 | Leidos Holdings, Inc. | $6,628 |
32 | Paychex, Inc. | 3,895 |
68 | Paylocity Holding Corp.(a) | 10,772 |
77,311 | ||
Real Estate Management & Development — 0.4% | ||
752 | CBRE Group, Inc., Class A(a) | 64,905 |
85 | Jones Lang LaSalle, Inc.(a) | 15,050 |
79,955 | ||
Residential REITs — 0.1% | ||
47 | AvalonBay Communities, Inc. | 8,413 |
64 | Camden Property Trust | 6,006 |
14,419 | ||
Retail REITs — 0.3% | ||
1,224 | Brixmor Property Group, Inc. | 27,467 |
417 | NNN REIT, Inc. | 16,822 |
38 | Simon Property Group, Inc. | 5,267 |
49,556 | ||
Semiconductors & Semiconductor Equipment — 2.8% | ||
90 | Advanced Micro Devices, Inc.(a) | 15,092 |
102 | Analog Devices, Inc. | 19,621 |
532 | ARM Holdings PLC, ADR(a) | 37,596 |
20 | Broadcom, Inc. | 23,600 |
612 | Intel Corp. | 26,365 |
181 | Lattice Semiconductor Corp.(a) | 11,016 |
95 | Micron Technology, Inc. | 8,146 |
442 | NVIDIA Corp. | 271,949 |
94 | Onto Innovation, Inc.(a) | 15,181 |
58 | Qorvo, Inc.(a) | 5,785 |
354 | QUALCOMM, Inc. | 52,573 |
67 | Silicon Laboratories, Inc.(a) | 8,265 |
117 | Synaptics, Inc.(a) | 12,497 |
113 | Texas Instruments, Inc. | 18,094 |
72 | Universal Display Corp. | 12,223 |
538,003 | ||
Software — 4.3% | ||
30 | Adobe, Inc.(a) | 18,533 |
49 | ANSYS, Inc.(a) | 16,064 |
341 | Autodesk, Inc.(a) | 86,549 |
33 | Cadence Design Systems, Inc.(a) | 9,519 |
258 | Dynatrace, Inc.(a) | 14,706 |
17 | Intuit, Inc. | 10,733 |
98 | Manhattan Associates, Inc.(a) | 23,771 |
548 | Microsoft Corp. | 217,874 |
1,224 | Oracle Corp. | 136,721 |
22 | Palo Alto Networks, Inc.(a) | 7,447 |
48 | PTC, Inc.(a) | 8,671 |
69 | Qualys, Inc.(a) | 13,053 |
45 | Roper Technologies, Inc. | 24,165 |
458 | Salesforce, Inc.(a) | 128,739 |
19 | ServiceNow, Inc.(a) | 14,542 |
57 | SPS Commerce, Inc.(a) | 10,477 |
20 | Synopsys, Inc.(a) | 10,667 |
21 | Tyler Technologies, Inc.(a) | 8,878 |
206 | Workday, Inc., Class A(a) | 59,960 |
821,069 | ||
Specialized REITs — 0.1% | ||
23 | American Tower Corp. | 4,500 |
41 | Crown Castle, Inc. | 4,438 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
25 | Digital Realty Trust, Inc. | $3,512 |
9 | Equinix, Inc. | 7,468 |
116 | Weyerhaeuser Co. | 3,801 |
23,719 | ||
Specialty Retail — 0.8% | ||
39 | Asbury Automotive Group, Inc.(a) | 8,153 |
89 | Burlington Stores, Inc.(a) | 17,012 |
63 | Dick's Sporting Goods, Inc. | 9,391 |
64 | Five Below, Inc.(a) | 11,485 |
166 | Floor & Decor Holdings, Inc., Class A(a) | 16,693 |
89 | Home Depot, Inc. | 31,414 |
39 | Lithia Motors, Inc. | 11,499 |
52 | Lowe's Cos., Inc. | 11,068 |
49 | Ross Stores, Inc. | 6,874 |
228 | TJX Cos., Inc. | 21,640 |
66 | Williams-Sonoma, Inc. | 12,764 |
157,993 | ||
Technology Hardware, Storage & Peripherals — 0.7% | ||
637 | Apple, Inc. | 117,463 |
238 | Hewlett Packard Enterprise Co. | 3,639 |
139 | HP, Inc. | 3,991 |
68 | NetApp, Inc. | 5,929 |
131,022 | ||
Textiles, Apparel & Luxury Goods — 0.5% | ||
77 | Crocs, Inc.(a) | 7,814 |
33 | Deckers Outdoor Corp.(a) | 24,873 |
170 | NIKE, Inc., Class B | 17,260 |
118 | PVH Corp. | 14,191 |
2,072 | Under Armour, Inc., Class A(a) | 15,788 |
1,160 | Under Armour, Inc., Class C(a) | 8,584 |
88,510 | ||
Trading Companies & Distributors — 0.2% | ||
85 | GATX Corp. | 10,425 |
54 | Watsco, Inc. | 21,113 |
31,538 | ||
Water Utilities — 0.1% | ||
132 | American States Water Co. | 9,847 |
33 | American Water Works Co., Inc. | 4,093 |
278 | Essential Utilities, Inc. | 9,969 |
23,909 | ||
Total Common Stocks (Identified Cost $9,399,430) | 10,535,432 |
Principal Amount | ||
Bonds and Notes — 4.5% | ||
Apartment REITs — 0.0% | ||
$2,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 1,785 |
Automotive — 0.1% | ||
16,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 15,757 |
3,000 | Lear Corp., 4.250%, 5/15/2029 | 2,897 |
5,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 4,388 |
23,042 | ||
Banking — 0.6% | ||
11,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 10,517 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$3,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | $2,999 |
3,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 2,998 |
8,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 7,370 |
7,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 6,945 |
6,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 5,897 |
7,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 6,986 |
7,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 6,020 |
4,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 3,752 |
4,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 3,671 |
4,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 3,898 |
11,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 10,430 |
8,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 7,950 |
5,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 4,934 |
3,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 2,973 |
6,000 | State Street Corp., 2.400%, 1/24/2030 | 5,355 |
5,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 4,169 |
9,000 | Truist Bank, 3.200%, 4/01/2024 | 8,962 |
17,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 16,551 |
122,377 | ||
Brokerage — 0.1% | ||
8,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 7,063 |
12,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 8,325 |
15,388 | ||
Building Materials — 0.1% | ||
4,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 3,698 |
7,000 | Owens Corning, 3.950%, 8/15/2029 | 6,683 |
10,381 | ||
Chemicals — 0.0% | ||
10,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 8,376 |
1,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 949 |
9,325 | ||
Consumer Products — 0.1% | ||
10,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 9,327 |
Diversified Manufacturing — 0.1% | ||
8,000 | Eaton Corp., 4.150%, 3/15/2033 | 7,717 |
4,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 3,579 |
11,296 | ||
Electric — 0.2% | ||
5,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 4,534 |
6,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 5,975 |
8,000 | Entergy Corp., 0.900%, 9/15/2025 | 7,491 |
9,000 | Exelon Corp., 4.050%, 4/15/2030 | 8,584 |
7,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 5,982 |
2,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 1,911 |
3,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 2,469 |
6,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 5,823 |
42,769 |
Principal Amount | Description | Value (†) |
Environmental — 0.1% | ||
$5,000 | Republic Services, Inc., 1.450%, 2/15/2031 | $4,028 |
11,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 8,407 |
12,435 | ||
Finance Companies — 0.1% | ||
7,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 6,743 |
5,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 4,504 |
11,247 | ||
Food & Beverage — 0.1% | ||
8,000 | Coca-Cola Co., 1.450%, 6/01/2027 | 7,314 |
7,000 | General Mills, Inc., 4.000%, 4/17/2025 | 6,914 |
3,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 2,707 |
9,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 8,182 |
25,117 | ||
Government Owned - No Guarantee — 0.1% | ||
5,000 | Equinor ASA, 3.625%, 4/06/2040 | 4,282 |
13,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 14,925 |
19,207 | ||
Health Care REITs — 0.0% | ||
2,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 1,731 |
Health Insurance — 0.1% | ||
8,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 7,855 |
6,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 6,561 |
14,416 | ||
Healthcare — 0.1% | ||
2,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 1,972 |
4,000 | CVS Health Corp., 4.300%, 3/25/2028 | 3,930 |
5,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 4,879 |
3,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 2,876 |
3,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 2,683 |
16,340 | ||
Integrated Energy — 0.1% | ||
11,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 10,788 |
7,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 8,050 |
18,838 | ||
Life Insurance — 0.0% | ||
3,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 3,100 |
6,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 5,560 |
8,660 | ||
Media Entertainment — 0.0% | ||
6,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 5,886 |
Metals & Mining — 0.0% | ||
5,000 | Nucor Corp., 3.125%, 4/01/2032 | 4,467 |
Mortgage Related — 1.1% | ||
15,427 | Federal Home Loan Mortgage Corp., 2.000%, 3/01/2052 | 12,442 |
25,977 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities from 2051 to 2052(c) | 21,875 |
29,176 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities from 2049 to 2052(c) | 25,552 |
23,277 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities in 2052(c) | 21,190 |
1,853 | Federal Home Loan Mortgage Corp., 4.000%, with various maturities in 2052(c) | 1,745 |
19,599 | Federal National Mortgage Association, 2.000%, with various maturities in 2051(c) | 15,849 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$28,513 | Federal National Mortgage Association, 2.500%, with various maturities from 2051 to 2052(c) | $24,072 |
23,498 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | 20,656 |
13,139 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 11,984 |
17,513 | Federal National Mortgage Association, 4.000%, with various maturities from 2050 to 2053(c) | 16,488 |
7,130 | Federal National Mortgage Association, 4.500%, with various maturities from 2049 to 2053(c) | 6,900 |
9,008 | Government National Mortgage Association, 3.000%, 6/20/2052 | 8,044 |
4,924 | Government National Mortgage Association, 4.000%, 8/20/2053 | 4,676 |
3,947 | Government National Mortgage Association, 5.000%, 7/20/2053 | 3,920 |
17,401 | Government National Mortgage Association, 5.500%, 4/20/2053 | 17,514 |
212,907 | ||
Office REITs — 0.1% | ||
7,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 6,837 |
3,000 | Boston Properties LP, 2.750%, 10/01/2026 | 2,797 |
9,634 | ||
Oil Field Services — 0.1% | ||
12,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 11,434 |
Other REITs — 0.0% | ||
5,000 | Prologis LP, 1.250%, 10/15/2030 | 4,040 |
Pharmaceuticals — 0.2% | ||
9,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 7,730 |
6,000 | Biogen, Inc., 2.250%, 5/01/2030 | 5,115 |
7,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 6,633 |
3,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 2,507 |
10,000 | Viatris, Inc., 3.850%, 6/22/2040 | 7,569 |
29,554 | ||
Property & Casualty Insurance — 0.0% | ||
3,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 2,687 |
4,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 3,434 |
6,121 | ||
Railroads — 0.1% | ||
14,000 | CSX Corp., 2.600%, 11/01/2026 | 13,331 |
Restaurants — 0.0% | ||
7,000 | Starbucks Corp., 2.250%, 3/12/2030 | 6,106 |
Retail REITs — 0.0% | ||
1,000 | Realty Income Corp., 2.700%, 2/15/2032 | 837 |
3,000 | Realty Income Corp., 3.400%, 1/15/2028 | 2,857 |
3,694 | ||
Retailers — 0.1% | ||
9,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 8,291 |
10,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 8,775 |
2,000 | Walmart, Inc., 4.100%, 4/15/2033 | 1,955 |
19,021 | ||
Technology — 0.2% | ||
6,000 | Apple, Inc., 2.500%, 2/09/2025 | 5,863 |
4,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 3,858 |
5,000 | Intel Corp., 2.450%, 11/15/2029 | 4,475 |
Principal Amount | Description | Value (†) |
Technology — continued | ||
$8,000 | International Business Machines Corp., 4.000%, 6/20/2042 | $6,961 |
9,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 8,267 |
6,000 | Oracle Corp., 2.950%, 5/15/2025 | 5,841 |
9,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 7,217 |
42,482 | ||
Treasuries — 0.5% | ||
13,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 6,768 |
11,000 | U.S. Treasury Bonds, 2.250%, 5/15/2041 | 8,260 |
9,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 6,612 |
9,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 7,068 |
23,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 18,681 |
14,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 11,155 |
9,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 7,150 |
7,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 7,050 |
23,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 21,437 |
94,181 | ||
Utility Other — 0.1% | ||
13,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 10,827 |
Wireless — 0.0% | ||
6,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 6,486 |
Wirelines — 0.0% | ||
6,000 | AT&T, Inc., 3.650%, 6/01/2051 | 4,475 |
Total Bonds and Notes (Identified Cost $897,284) | 858,327 |
Shares | ||
Exchange-Traded Funds — 7.8% | ||
19,912 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $1,498,562) | 1,498,378 |
Mutual Funds — 12.6% | ||
72,674 | WCM Focused Emerging Markets Fund, Institutional Class | 924,414 |
64,993 | WCM Focused International Growth Fund, Institutional Class | 1,513,029 |
Total Mutual Funds (Identified Cost $2,715,016) | 2,437,443 | |
Affiliated Mutual Funds — 15.6% | ||
50,434 | Loomis Sayles Inflation Protected Securities Fund, Class N | 487,199 |
30,310 | Loomis Sayles Limited Term Government & Agency Fund, Class N | 327,649 |
79,001 | Mirova Global Green Bond Fund, Class N | 670,717 |
128,188 | Mirova International Sustainable Equity Fund, Class N | 1,519,028 |
Total Affiliated Mutual Funds (Identified Cost $3,250,943) | 3,004,593 |
Principal Amount | Description | Value (†) |
Short-Term Investments — 3.1% | ||
$606,191 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $606,250 on 2/01/2024 collateralized by $619,800 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $618,735 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $606,191) | $606,191 |
Total Investments — 98.3% (Identified Cost $18,367,426) | 18,940,364 | |
Other assets less liabilities — 1.7% | 324,988 | |
Net Assets — 100.0% | $19,265,352 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $13,496 or 0.1% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation and Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 83.0 % |
Fixed Income | 12.2 |
Short-Term Investments | 3.1 |
Total Investments | 98.3 |
Other assets less liabilities | 1.7 |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 57.7% of Net Assets | ||
Aerospace & Defense — 1.1% | ||
260 | AAR Corp.(a) | $15,813 |
660 | Boeing Co.(a) | 139,286 |
52 | L3Harris Technologies, Inc. | 10,838 |
45 | Lockheed Martin Corp. | 19,324 |
107 | Moog, Inc., Class A | 14,959 |
16 | Northrop Grumman Corp. | 7,148 |
162 | RTX Corp. | 14,761 |
222,129 | ||
Air Freight & Logistics — 0.4% | ||
350 | Expeditors International of Washington, Inc. | 44,215 |
38 | FedEx Corp. | 9,169 |
208 | GXO Logistics, Inc.(a) | 11,311 |
101 | United Parcel Service, Inc., Class B | 14,332 |
79,027 | ||
Automobile Components — 0.7% | ||
51 | Aptiv PLC(a) | 4,148 |
1,115 | BorgWarner, Inc. | 37,799 |
720 | Dana, Inc. | 9,763 |
700 | Magna International, Inc. | 39,795 |
811 | Mobileye Global, Inc., Class A(a) | 20,972 |
183 | Phinia, Inc. | 5,534 |
96 | Visteon Corp.(a) | 11,068 |
129,079 | ||
Automobiles — 1.1% | ||
2,203 | General Motors Co. | 85,477 |
625 | Tesla, Inc.(a) | 117,056 |
98 | Thor Industries, Inc. | 11,076 |
213,609 | ||
Banks — 3.0% | ||
436 | Ameris Bancorp | 21,643 |
1,455 | Banc of California, Inc. | 20,050 |
2,466 | Bank of America Corp. | 83,869 |
1,220 | Citigroup, Inc. | 68,527 |
169 | Citizens Financial Group, Inc. | 5,526 |
248 | East West Bancorp, Inc. | 18,057 |
28 | First Citizens BancShares, Inc., Class A | 42,280 |
789 | First Financial Bancorp | 17,689 |
2,029 | FNB Corp. | 26,742 |
1,307 | Fulton Financial Corp. | 20,376 |
442 | International Bancshares Corp. | 23,364 |
403 | JPMorgan Chase & Co. | 70,267 |
118 | PNC Financial Services Group, Inc. | 17,843 |
198 | Regions Financial Corp. | 3,697 |
1,332 | Truist Financial Corp. | 49,364 |
416 | Webster Financial Corp. | 20,584 |
1,514 | Wells Fargo & Co. | 75,973 |
585,851 | ||
Beverages — 0.9% | ||
77 | Boston Beer Co., Inc., Class A(a) | 26,894 |
264 | Coca-Cola Co. | 15,705 |
240 | Keurig Dr Pepper, Inc. | 7,546 |
1,795 | Monster Beverage Corp.(a) | 98,761 |
176 | PepsiCo, Inc. | 29,661 |
178,567 | ||
Biotechnology — 1.4% | ||
178 | AbbVie, Inc. | 29,263 |
316 | Alnylam Pharmaceuticals, Inc.(a) | 54,640 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
49 | Amgen, Inc. | $15,399 |
21 | Biogen, Inc.(a) | 5,180 |
358 | CRISPR Therapeutics AG(a) | 22,536 |
194 | Cytokinetics, Inc.(a) | 15,157 |
251 | Gilead Sciences, Inc. | 19,643 |
219 | Halozyme Therapeutics, Inc.(a) | 7,413 |
93 | Incyte Corp.(a) | 5,466 |
124 | Neurocrine Biosciences, Inc.(a) | 17,331 |
81 | Regeneron Pharmaceuticals, Inc.(a) | 76,365 |
37 | United Therapeutics Corp.(a) | 7,947 |
15 | Vertex Pharmaceuticals, Inc.(a) | 6,501 |
282,841 | ||
Broadline Retail — 1.7% | ||
288 | Alibaba Group Holding Ltd., ADR | 20,785 |
1,845 | Amazon.com, Inc.(a) | 286,344 |
806 | eBay, Inc. | 33,102 |
340,231 | ||
Building Products — 0.9% | ||
56 | Carlisle Cos., Inc. | 17,599 |
122 | Carrier Global Corp. | 6,675 |
544 | Fortune Brands Innovations, Inc. | 42,209 |
45 | Lennox International, Inc. | 19,267 |
756 | Masco Corp. | 50,871 |
166 | Owens Corning | 25,154 |
136 | Trex Co., Inc.(a) | 11,081 |
172,856 | ||
Capital Markets — 3.6% | ||
1,169 | Bank of New York Mellon Corp. | 64,833 |
55 | BlackRock, Inc. | 42,587 |
85 | Cboe Global Markets, Inc. | 15,627 |
1,072 | Charles Schwab Corp. | 67,450 |
114 | CME Group, Inc. | 23,466 |
88 | FactSet Research Systems, Inc. | 41,881 |
140 | Goldman Sachs Group, Inc. | 53,761 |
750 | Intercontinental Exchange, Inc. | 95,497 |
347 | Janus Henderson Group PLC | 9,980 |
839 | KKR & Co., Inc. | 72,641 |
64 | Moody's Corp. | 25,090 |
120 | Morgan Stanley | 10,469 |
73 | MSCI, Inc. | 43,699 |
42 | Northern Trust Corp. | 3,345 |
59 | S&P Global, Inc. | 26,453 |
546 | SEI Investments Co. | 34,529 |
748 | State Street Corp. | 55,255 |
40 | T. Rowe Price Group, Inc. | 4,338 |
70 | Virtus Investment Partners, Inc. | 16,528 |
707,429 | ||
Chemicals — 0.9% | ||
18 | Air Products & Chemicals, Inc. | 4,603 |
213 | Celanese Corp. | 31,160 |
968 | Corteva, Inc. | 44,025 |
55 | DuPont de Nemours, Inc. | 3,399 |
80 | Ecolab, Inc. | 15,857 |
193 | HB Fuller Co. | 14,624 |
137 | Innospec, Inc. | 15,907 |
69 | Linde PLC | 27,933 |
160 | Minerals Technologies, Inc. | 10,456 |
Shares | Description | Value (†) |
Chemicals — continued | ||
24 | Sherwin-Williams Co. | $7,305 |
94 | Stepan Co. | 8,391 |
183,660 | ||
Commercial Services & Supplies — 0.1% | ||
98 | MSA Safety, Inc. | 16,173 |
34 | Waste Management, Inc. | 6,311 |
22,484 | ||
Communications Equipment — 0.3% | ||
239 | Ciena Corp.(a) | 12,667 |
517 | Cisco Systems, Inc. | 25,943 |
69 | F5, Inc.(a) | 12,675 |
24 | Motorola Solutions, Inc. | 7,668 |
58,953 | ||
Construction & Engineering — 0.2% | ||
343 | AECOM | 30,249 |
Construction Materials — 0.1% | ||
27 | Martin Marietta Materials, Inc. | 13,727 |
66 | Vulcan Materials Co. | 14,917 |
28,644 | ||
Consumer Finance — 1.4% | ||
2,396 | Ally Financial, Inc. | 87,885 |
446 | American Express Co. | 89,530 |
673 | Capital One Financial Corp. | 91,071 |
130 | Synchrony Financial | 5,053 |
273,539 | ||
Consumer Staples Distribution & Retail — 1.1% | ||
194 | BJ's Wholesale Club Holdings, Inc.(a) | 12,482 |
45 | Casey's General Stores, Inc. | 12,211 |
47 | Costco Wholesale Corp. | 32,659 |
2,178 | Kroger Co. | 100,493 |
324 | Sprouts Farmers Market, Inc.(a) | 16,320 |
42 | Target Corp. | 5,841 |
219 | Walmart, Inc. | 36,190 |
216,196 | ||
Containers & Packaging — 0.2% | ||
46 | Ball Corp. | 2,551 |
198 | Crown Holdings, Inc. | 17,523 |
319 | Sonoco Products Co. | 18,151 |
38,225 | ||
Distributors — 0.0% | ||
44 | Genuine Parts Co. | 6,170 |
Diversified Consumer Services — 0.2% | ||
116 | Grand Canyon Education, Inc.(a) | 15,148 |
239 | Service Corp. International | 16,042 |
31,190 | ||
Diversified REITs — 0.1% | ||
582 | American Assets Trust, Inc. | 13,054 |
Diversified Telecommunication Services — 0.3% | ||
1,168 | AT&T, Inc. | 20,662 |
186 | Iridium Communications, Inc. | 6,744 |
790 | Verizon Communications, Inc. | 33,457 |
60,863 | ||
Electric Utilities — 0.4% | ||
237 | American Electric Power Co., Inc. | 18,519 |
292 | Evergy, Inc. | 14,825 |
211 | Eversource Energy | 11,441 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
151 | Exelon Corp. | $5,256 |
190 | FirstEnergy Corp. | 6,969 |
131 | IDACORP, Inc. | 12,128 |
69,138 | ||
Electrical Equipment — 0.4% | ||
112 | Eaton Corp. PLC | 27,561 |
173 | Emerson Electric Co. | 15,869 |
295 | nVent Electric PLC | 17,712 |
108 | Regal Rexnord Corp. | 14,414 |
75,556 | ||
Electronic Equipment, Instruments & Components — 0.7% | ||
150 | Advanced Energy Industries, Inc. | 15,627 |
142 | Amphenol Corp., Class A | 14,356 |
314 | Avnet, Inc. | 14,224 |
248 | Cognex Corp. | 8,963 |
78 | Corning, Inc. | 2,534 |
799 | Knowles Corp.(a) | 13,032 |
50 | Littelfuse, Inc. | 12,095 |
263 | TE Connectivity Ltd. | 37,396 |
18 | Teledyne Technologies, Inc.(a) | 7,533 |
17 | Zebra Technologies Corp., Class A(a) | 4,072 |
129,832 | ||
Energy Equipment & Services — 0.2% | ||
429 | ChampionX Corp. | 11,759 |
906 | NOV, Inc. | 17,676 |
211 | Schlumberger NV | 10,276 |
39,711 | ||
Entertainment — 1.6% | ||
80 | Electronic Arts, Inc. | 11,006 |
251 | Netflix, Inc.(a) | 141,592 |
39 | Take-Two Interactive Software, Inc.(a) | 6,432 |
1,289 | Walt Disney Co. | 123,809 |
3,947 | Warner Bros Discovery, Inc.(a) | 39,549 |
322,388 | ||
Financial Services — 2.2% | ||
421 | Block, Inc.(a) | 27,369 |
506 | Fiserv, Inc.(a) | 71,786 |
305 | Global Payments, Inc. | 40,635 |
29 | Jack Henry & Associates, Inc. | 4,809 |
64 | Mastercard, Inc., Class A | 28,751 |
1,285 | MGIC Investment Corp. | 25,494 |
525 | PayPal Holdings, Inc.(a) | 32,209 |
599 | Visa, Inc., Class A | 163,683 |
302 | Voya Financial, Inc. | 21,856 |
69 | WEX, Inc.(a) | 14,103 |
430,695 | ||
Food Products — 0.7% | ||
169 | Campbell Soup Co. | 7,542 |
264 | Conagra Brands, Inc. | 7,696 |
179 | Darling Ingredients, Inc.(a) | 7,751 |
297 | General Mills, Inc. | 19,278 |
47 | Hershey Co. | 9,096 |
273 | Hormel Foods Corp. | 8,291 |
133 | Ingredion, Inc. | 14,307 |
51 | J M Smucker Co. | 6,709 |
187 | Kellanova | 10,240 |
591 | Kraft Heinz Co. | 21,944 |
Shares | Description | Value (†) |
Food Products — continued | ||
126 | McCormick & Co., Inc. | $8,588 |
333 | Mondelez International, Inc., Class A | 25,065 |
146,507 | ||
Gas Utilities — 0.2% | ||
104 | Atmos Energy Corp. | 11,850 |
360 | New Jersey Resources Corp. | 14,699 |
149 | ONE Gas, Inc. | 9,144 |
35,693 | ||
Ground Transportation — 0.5% | ||
445 | CSX Corp. | 15,887 |
33 | JB Hunt Transport Services, Inc. | 6,632 |
64 | Norfolk Southern Corp. | 15,055 |
92 | Ryder System, Inc. | 10,449 |
37 | Saia, Inc.(a) | 16,672 |
94 | Uber Technologies, Inc.(a) | 6,135 |
43 | Union Pacific Corp. | 10,489 |
160 | XPO, Inc.(a) | 13,670 |
94,989 | ||
Health Care Equipment & Supplies — 1.2% | ||
245 | Abbott Laboratories | 27,722 |
18 | Align Technology, Inc.(a) | 4,812 |
773 | Baxter International, Inc. | 29,907 |
60 | Becton Dickinson & Co. | 14,329 |
75 | Edwards Lifesciences Corp.(a) | 5,885 |
32 | GE HealthCare Technologies, Inc. | 2,348 |
138 | Globus Medical, Inc., Class A(a) | 7,285 |
105 | Haemonetics Corp.(a) | 8,028 |
120 | Intuitive Surgical, Inc.(a) | 45,386 |
166 | LeMaitre Vascular, Inc. | 9,635 |
221 | Medtronic PLC | 19,346 |
272 | Merit Medical Systems, Inc.(a) | 21,298 |
52 | Penumbra, Inc.(a) | 13,114 |
41 | Shockwave Medical, Inc.(a) | 9,276 |
30 | Stryker Corp. | 10,064 |
228,435 | ||
Health Care Providers & Services — 1.6% | ||
200 | Acadia Healthcare Co., Inc.(a) | 16,428 |
98 | Cardinal Health, Inc. | 10,701 |
836 | Centene Corp.(a) | 62,959 |
33 | Chemed Corp. | 19,562 |
63 | Cigna Group | 18,960 |
570 | CVS Health Corp. | 42,391 |
46 | Elevance Health, Inc. | 22,698 |
148 | HCA Healthcare, Inc. | 45,125 |
102 | Henry Schein, Inc.(a) | 7,634 |
11 | Humana, Inc. | 4,159 |
29 | Laboratory Corp. of America Holdings | 6,447 |
16 | McKesson Corp. | 7,998 |
351 | Select Medical Holdings Corp. | 9,122 |
93 | UnitedHealth Group, Inc. | 47,592 |
321,776 | ||
Health Care REITs — 0.1% | ||
933 | Physicians Realty Trust | 11,420 |
Health Care Technology — 0.4% | ||
1,335 | Doximity, Inc., Class A(a) | 35,978 |
239 | Veeva Systems, Inc., Class A(a) | 49,571 |
85,549 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
207 | Host Hotels & Resorts, Inc. | $3,979 |
Hotels, Restaurants & Leisure — 1.2% | ||
397 | Aramark | 11,545 |
3 | Booking Holdings, Inc.(a) | 10,522 |
4 | Chipotle Mexican Grill, Inc.(a) | 9,635 |
125 | Hilton Worldwide Holdings, Inc. | 23,870 |
146 | Marriott Vacations Worldwide Corp. | 12,248 |
94 | McDonald's Corp. | 27,516 |
635 | Starbucks Corp. | 59,074 |
331 | Travel & Leisure Co. | 13,379 |
54 | Wingstop, Inc. | 15,180 |
590 | Yum China Holdings, Inc. | 20,408 |
250 | Yum! Brands, Inc. | 32,373 |
235,750 | ||
Household Durables — 0.4% | ||
319 | KB Home | 19,009 |
125 | Meritage Homes Corp. | 20,701 |
113 | PulteGroup, Inc. | 11,815 |
410 | Taylor Morrison Home Corp.(a) | 21,378 |
72,903 | ||
Household Products — 0.5% | ||
198 | Church & Dwight Co., Inc. | 19,770 |
77 | Colgate-Palmolive Co. | 6,484 |
479 | Energizer Holdings, Inc. | 15,146 |
366 | Procter & Gamble Co. | 57,513 |
98,913 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
491 | AES Corp. | 8,190 |
Industrial Conglomerates — 0.4% | ||
53 | 3M Co. | 5,001 |
262 | General Electric Co. | 34,694 |
147 | Honeywell International, Inc. | 29,732 |
69,427 | ||
Industrial REITs — 0.2% | ||
96 | Prologis, Inc. | 12,162 |
450 | Rexford Industrial Realty, Inc. | 23,666 |
35,828 | ||
Insurance — 2.0% | ||
41 | Allstate Corp. | 6,365 |
1,012 | American International Group, Inc. | 70,344 |
136 | Arch Capital Group Ltd.(a) | 11,211 |
83 | Arthur J Gallagher & Co. | 19,269 |
46 | Assurant, Inc. | 7,726 |
351 | Assured Guaranty Ltd. | 28,477 |
64 | Chubb Ltd. | 15,680 |
233 | First American Financial Corp. | 14,062 |
138 | Hanover Insurance Group, Inc. | 18,217 |
144 | Hartford Financial Services Group, Inc. | 12,522 |
61 | Marsh & McLennan Cos., Inc. | 11,824 |
108 | Prudential Financial, Inc. | 11,332 |
276 | Reinsurance Group of America, Inc. | 47,994 |
198 | Selective Insurance Group, Inc. | 20,762 |
107 | Travelers Cos., Inc. | 22,616 |
274 | Willis Towers Watson PLC | 67,486 |
385,887 | ||
Interactive Media & Services — 3.0% | ||
822 | Alphabet, Inc., Class A(a) | 115,162 |
1,420 | Alphabet, Inc., Class C(a) | 201,356 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
656 | Meta Platforms, Inc., Class A(a) | $255,932 |
373 | Yelp, Inc.(a) | 16,311 |
394 | ZoomInfo Technologies, Inc.(a) | 6,320 |
595,081 | ||
IT Services — 0.7% | ||
76 | Accenture PLC, Class A | 27,655 |
209 | Cognizant Technology Solutions Corp., Class A | 16,118 |
210 | GoDaddy, Inc., Class A(a) | 22,399 |
162 | International Business Machines Corp. | 29,753 |
576 | Shopify, Inc., Class A(a) | 46,120 |
142,045 | ||
Leisure Products — 0.1% | ||
706 | Mattel, Inc.(a) | 12,631 |
162 | YETI Holdings, Inc.(a) | 7,123 |
19,754 | ||
Life Sciences Tools & Services — 0.9% | ||
43 | Agilent Technologies, Inc. | 5,594 |
166 | Danaher Corp. | 39,825 |
259 | Illumina, Inc.(a) | 37,040 |
302 | IQVIA Holdings, Inc.(a) | 62,885 |
75 | Repligen Corp.(a) | 14,205 |
48 | Thermo Fisher Scientific, Inc. | 25,871 |
185,420 | ||
Machinery — 1.1% | ||
102 | AGCO Corp. | 12,478 |
34 | Caterpillar, Inc. | 10,211 |
60 | Chart Industries, Inc.(a) | 7,003 |
14 | Cummins, Inc. | 3,350 |
45 | Deere & Co. | 17,711 |
84 | Dover Corp. | 12,582 |
127 | Fortive Corp. | 9,929 |
316 | Graco, Inc. | 26,955 |
27 | Illinois Tool Works, Inc. | 7,044 |
222 | ITT, Inc. | 26,813 |
133 | Oshkosh Corp. | 14,643 |
29 | Parker-Hannifin Corp. | 13,471 |
157 | SPX Technologies, Inc.(a) | 15,800 |
221 | Terex Corp. | 13,576 |
194 | Toro Co. | 17,941 |
209,507 | ||
Media — 0.9% | ||
136 | Charter Communications, Inc., Class A(a) | 50,417 |
1,564 | Comcast Corp., Class A | 72,789 |
440 | Interpublic Group of Cos., Inc. | 14,516 |
301 | Liberty Broadband Corp., Class C(a) | 23,613 |
188 | Omnicom Group, Inc. | 16,991 |
178,326 | ||
Metals & Mining — 0.4% | ||
458 | Alcoa Corp. | 13,625 |
752 | Cleveland-Cliffs, Inc.(a) | 15,078 |
215 | Commercial Metals Co. | 11,227 |
73 | Newmont Corp. | 2,519 |
69 | Reliance Steel & Aluminum Co. | 19,694 |
285 | U.S. Steel Corp. | 13,401 |
75,544 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.2% | ||
1,601 | Annaly Capital Management, Inc. | $30,723 |
634 | KKR Real Estate Finance Trust, Inc. | 7,760 |
38,483 | ||
Multi-Utilities — 0.1% | ||
155 | Consolidated Edison, Inc. | 14,089 |
60 | DTE Energy Co. | 6,325 |
35 | WEC Energy Group, Inc. | 2,827 |
23,241 | ||
Office REITs — 0.3% | ||
794 | COPT Defense Properties | 18,707 |
551 | Douglas Emmett, Inc. | 7,466 |
719 | Easterly Government Properties, Inc. | 8,829 |
674 | Highwoods Properties, Inc. | 15,482 |
485 | Kilroy Realty Corp. | 17,343 |
67,827 | ||
Oil, Gas & Consumable Fuels — 2.6% | ||
1,102 | Antero Midstream Corp. | 13,488 |
295 | Antero Resources Corp.(a) | 6,590 |
1,725 | APA Corp. | 54,044 |
258 | Chevron Corp. | 38,037 |
495 | CNX Resources Corp.(a) | 9,999 |
729 | ConocoPhillips | 81,553 |
200 | Devon Energy Corp. | 8,404 |
559 | EOG Resources, Inc. | 63,609 |
555 | Exxon Mobil Corp. | 57,060 |
51 | Hess Corp. | 7,167 |
225 | HF Sinclair Corp. | 12,710 |
744 | Kinder Morgan, Inc. | 12,588 |
136 | ONEOK, Inc. | 9,282 |
344 | Ovintiv, Inc. | 14,593 |
518 | Phillips 66 | 74,753 |
391 | Range Resources Corp. | 11,355 |
1,458 | Southwestern Energy Co.(a) | 9,404 |
51 | Valero Energy Corp. | 7,084 |
274 | Williams Cos., Inc. | 9,497 |
501,217 | ||
Passenger Airlines — 0.1% | ||
437 | Delta Air Lines, Inc. | 17,104 |
Personal Care Products — 0.0% | ||
24 | Estee Lauder Cos., Inc., Class A | 3,168 |
Pharmaceuticals — 1.5% | ||
408 | Bristol-Myers Squibb Co. | 19,939 |
39 | Eli Lilly & Co. | 25,179 |
97 | Jazz Pharmaceuticals PLC(a) | 11,904 |
378 | Johnson & Johnson | 60,064 |
331 | Merck & Co., Inc. | 39,978 |
222 | Novartis AG, ADR | 22,970 |
450 | Novo Nordisk AS, ADR | 51,633 |
218 | Perrigo Co. PLC | 6,994 |
839 | Pfizer, Inc. | 22,720 |
670 | Roche Holding AG, ADR | 23,544 |
99 | Zoetis, Inc. | 18,593 |
303,518 | ||
Professional Services — 0.4% | ||
32 | Automatic Data Processing, Inc. | 7,865 |
125 | Equifax, Inc. | 30,543 |
136 | Exponent, Inc. | 11,994 |
177 | Korn Ferry | 10,385 |
Shares | Description | Value (†) |
Professional Services — continued | ||
71 | Leidos Holdings, Inc. | $7,843 |
36 | Paychex, Inc. | 4,382 |
74 | Paylocity Holding Corp.(a) | 11,722 |
84,734 | ||
Real Estate Management & Development — 0.4% | ||
809 | CBRE Group, Inc., Class A(a) | 69,825 |
91 | Jones Lang LaSalle, Inc.(a) | 16,112 |
85,937 | ||
Residential REITs — 0.1% | ||
50 | AvalonBay Communities, Inc. | 8,950 |
76 | Camden Property Trust | 7,132 |
16,082 | ||
Retail REITs — 0.3% | ||
1,331 | Brixmor Property Group, Inc. | 29,867 |
446 | NNN REIT, Inc. | 17,992 |
41 | Simon Property Group, Inc. | 5,683 |
53,542 | ||
Semiconductors & Semiconductor Equipment — 3.0% | ||
95 | Advanced Micro Devices, Inc.(a) | 15,931 |
107 | Analog Devices, Inc. | 20,582 |
568 | ARM Holdings PLC, ADR(a) | 40,141 |
22 | Broadcom, Inc. | 25,960 |
645 | Intel Corp. | 27,787 |
194 | Lattice Semiconductor Corp.(a) | 11,807 |
103 | Micron Technology, Inc. | 8,832 |
477 | NVIDIA Corp. | 293,484 |
105 | Onto Innovation, Inc.(a) | 16,957 |
68 | Qorvo, Inc.(a) | 6,782 |
385 | QUALCOMM, Inc. | 57,176 |
72 | Silicon Laboratories, Inc.(a) | 8,882 |
126 | Synaptics, Inc.(a) | 13,458 |
122 | Texas Instruments, Inc. | 19,535 |
79 | Universal Display Corp. | 13,412 |
580,726 | ||
Software — 4.5% | ||
26 | Adobe, Inc.(a) | 16,062 |
55 | ANSYS, Inc.(a) | 18,031 |
365 | Autodesk, Inc.(a) | 92,641 |
35 | Cadence Design Systems, Inc.(a) | 10,096 |
276 | Dynatrace, Inc.(a) | 15,732 |
18 | Intuit, Inc. | 11,364 |
106 | Manhattan Associates, Inc.(a) | 25,711 |
589 | Microsoft Corp. | 234,175 |
1,310 | Oracle Corp. | 146,327 |
23 | Palo Alto Networks, Inc.(a) | 7,786 |
52 | PTC, Inc.(a) | 9,394 |
74 | Qualys, Inc.(a) | 13,999 |
48 | Roper Technologies, Inc. | 25,776 |
493 | Salesforce, Inc.(a) | 138,577 |
21 | ServiceNow, Inc.(a) | 16,073 |
64 | SPS Commerce, Inc.(a) | 11,763 |
22 | Synopsys, Inc.(a) | 11,734 |
21 | Tyler Technologies, Inc.(a) | 8,878 |
221 | Workday, Inc., Class A(a) | 64,326 |
878,445 | ||
Specialized REITs — 0.1% | ||
25 | American Tower Corp. | 4,891 |
48 | Crown Castle, Inc. | 5,196 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
30 | Digital Realty Trust, Inc. | $4,214 |
10 | Equinix, Inc. | 8,298 |
120 | Weyerhaeuser Co. | 3,932 |
26,531 | ||
Specialty Retail — 0.9% | ||
43 | Asbury Automotive Group, Inc.(a) | 8,989 |
98 | Burlington Stores, Inc.(a) | 18,733 |
68 | Dick's Sporting Goods, Inc. | 10,137 |
69 | Five Below, Inc.(a) | 12,383 |
177 | Floor & Decor Holdings, Inc., Class A(a) | 17,799 |
96 | Home Depot, Inc. | 33,884 |
43 | Lithia Motors, Inc. | 12,678 |
58 | Lowe's Cos., Inc. | 12,345 |
54 | Ross Stores, Inc. | 7,575 |
242 | TJX Cos., Inc. | 22,968 |
71 | Williams-Sonoma, Inc. | 13,731 |
171,222 | ||
Technology Hardware, Storage & Peripherals — 0.7% | ||
686 | Apple, Inc. | 126,498 |
246 | Hewlett Packard Enterprise Co. | 3,761 |
160 | HP, Inc. | 4,594 |
73 | NetApp, Inc. | 6,366 |
141,219 | ||
Textiles, Apparel & Luxury Goods — 0.5% | ||
83 | Crocs, Inc.(a) | 8,423 |
36 | Deckers Outdoor Corp.(a) | 27,134 |
184 | NIKE, Inc., Class B | 18,681 |
126 | PVH Corp. | 15,153 |
2,201 | Under Armour, Inc., Class A(a) | 16,772 |
1,251 | Under Armour, Inc., Class C(a) | 9,257 |
95,420 | ||
Trading Companies & Distributors — 0.2% | ||
90 | GATX Corp. | 11,038 |
57 | Watsco, Inc. | 22,286 |
33,324 | ||
Water Utilities — 0.1% | ||
137 | American States Water Co. | 10,220 |
36 | American Water Works Co., Inc. | 4,465 |
305 | Essential Utilities, Inc. | 10,937 |
25,622 | ||
Total Common Stocks (Identified Cost $10,091,508) | 11,330,451 |
Principal Amount | ||
Bonds and Notes — 5.4% | ||
Apartment REITs — 0.0% | ||
$4,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 3,570 |
Automotive — 0.1% | ||
18,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 17,727 |
5,000 | Lear Corp., 4.250%, 5/15/2029 | 4,828 |
4,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 3,510 |
26,065 | ||
Banking — 0.7% | ||
11,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 10,517 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$6,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | $5,999 |
4,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 3,997 |
9,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 8,291 |
7,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 6,945 |
8,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 7,863 |
8,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 7,985 |
10,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 8,601 |
4,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 3,752 |
4,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 3,671 |
4,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 3,898 |
13,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 12,326 |
11,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 10,931 |
4,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 3,947 |
4,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 3,964 |
7,000 | State Street Corp., 2.400%, 1/24/2030 | 6,247 |
5,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 4,169 |
9,000 | Truist Bank, 3.200%, 4/01/2024 | 8,962 |
16,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 15,577 |
137,642 | ||
Brokerage — 0.1% | ||
11,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 9,713 |
13,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 9,018 |
18,731 | ||
Building Materials — 0.1% | ||
7,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 6,471 |
12,000 | Owens Corning, 3.950%, 8/15/2029 | 11,457 |
17,928 | ||
Chemicals — 0.1% | ||
11,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 9,213 |
2,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 1,899 |
11,112 | ||
Consumer Products — 0.1% | ||
15,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 13,991 |
Diversified Manufacturing — 0.1% | ||
8,000 | Eaton Corp., 4.150%, 3/15/2033 | 7,717 |
6,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 5,368 |
13,085 | ||
Electric — 0.3% | ||
5,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 4,534 |
8,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 7,967 |
9,000 | Entergy Corp., 0.900%, 9/15/2025 | 8,427 |
12,000 | Exelon Corp., 4.050%, 4/15/2030 | 11,445 |
9,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 7,691 |
3,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 2,867 |
4,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 3,292 |
8,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 7,764 |
53,987 |
Principal Amount | Description | Value (†) |
Environmental — 0.1% | ||
$6,000 | Republic Services, Inc., 1.450%, 2/15/2031 | $4,834 |
15,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 11,464 |
16,298 | ||
Finance Companies — 0.1% | ||
6,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 5,780 |
11,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 9,909 |
15,689 | ||
Food & Beverage — 0.2% | ||
11,000 | Coca-Cola Co., 1.450%, 6/01/2027 | 10,057 |
8,000 | General Mills, Inc., 4.000%, 4/17/2025 | 7,901 |
4,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 3,609 |
13,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 11,819 |
33,386 | ||
Government Owned - No Guarantee — 0.1% | ||
9,000 | Equinor ASA, 3.625%, 4/06/2040 | 7,708 |
14,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 16,073 |
23,781 | ||
Health Care REITs — 0.0% | ||
8,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 6,922 |
Health Insurance — 0.1% | ||
7,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 6,873 |
7,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 7,654 |
14,527 | ||
Healthcare — 0.1% | ||
3,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 2,958 |
6,000 | CVS Health Corp., 4.300%, 3/25/2028 | 5,895 |
4,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 3,903 |
4,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 3,834 |
6,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 5,367 |
21,957 | ||
Integrated Energy — 0.1% | ||
11,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 10,788 |
6,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 6,900 |
17,688 | ||
Life Insurance — 0.0% | ||
2,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 2,067 |
7,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 6,487 |
8,554 | ||
Media Entertainment — 0.0% | ||
8,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 7,849 |
Metals & Mining — 0.0% | ||
6,000 | Nucor Corp., 3.125%, 4/01/2032 | 5,361 |
Mortgage Related — 1.3% | ||
22,687 | Federal Home Loan Mortgage Corp., 2.000%, 3/01/2052 | 18,297 |
32,491 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities from 2051 to 2052(c) | 27,352 |
23,635 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities from 2049 to 2052(c) | 20,697 |
22,063 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities in 2052(c) | 20,086 |
1,853 | Federal Home Loan Mortgage Corp., 4.000%, with various maturities in 2052 | 1,745 |
26,124 | Federal National Mortgage Association, 2.000%, with various maturities from 2050 to 2052(c) | 21,112 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$33,307 | Federal National Mortgage Association, 2.500%, with various maturities from 2050 to 2052(c) | $28,112 |
34,116 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | 29,940 |
21,358 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 19,467 |
20,371 | Federal National Mortgage Association, 4.000%, with various maturities from 2050 to 2053(c) | 19,178 |
8,096 | Federal National Mortgage Association, 4.500%, with various maturities from 2049 to 2053(c) | 7,833 |
9,896 | Government National Mortgage Association, 3.000%, with various maturities in 2052(c) | 8,838 |
5,909 | Government National Mortgage Association, 4.000%, 8/20/2053 | 5,612 |
4,934 | Government National Mortgage Association, 5.000%, 7/20/2053 | 4,900 |
21,268 | Government National Mortgage Association, 5.500%, 4/20/2053 | 21,406 |
254,575 | ||
Office REITs — 0.1% | ||
14,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 13,675 |
4,000 | Boston Properties LP, 2.750%, 10/01/2026 | 3,728 |
17,403 | ||
Oil Field Services — 0.0% | ||
7,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 6,670 |
Other REITs — 0.0% | ||
5,000 | Prologis LP, 1.250%, 10/15/2030 | 4,039 |
Pharmaceuticals — 0.2% | ||
13,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 11,166 |
4,000 | Biogen, Inc., 2.250%, 5/01/2030 | 3,410 |
10,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 9,475 |
3,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 2,507 |
12,000 | Viatris, Inc., 3.850%, 6/22/2040 | 9,083 |
35,641 | ||
Property & Casualty Insurance — 0.1% | ||
5,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 4,478 |
5,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 4,293 |
8,771 | ||
Railroads — 0.1% | ||
20,000 | CSX Corp., 2.600%, 11/01/2026 | 19,045 |
Restaurants — 0.0% | ||
8,000 | Starbucks Corp., 2.250%, 3/12/2030 | 6,979 |
Retail REITs — 0.0% | ||
2,000 | Realty Income Corp., 2.700%, 2/15/2032 | 1,675 |
2,000 | Realty Income Corp., 3.400%, 1/15/2028 | 1,904 |
3,579 | ||
Retailers — 0.1% | ||
12,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 11,055 |
10,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 8,775 |
19,830 | ||
Technology — 0.3% | ||
20,000 | Apple, Inc., 2.500%, 2/09/2025 | 19,543 |
9,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 8,680 |
5,000 | Intel Corp., 2.450%, 11/15/2029 | 4,475 |
9,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 7,831 |
Principal Amount | Description | Value (†) |
Technology — continued | ||
$10,000 | NVIDIA Corp., 2.850%, 4/01/2030 | $9,186 |
8,000 | Oracle Corp., 2.950%, 5/15/2025 | 7,788 |
9,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 7,217 |
64,720 | ||
Treasuries — 0.6% | ||
16,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 8,329 |
10,000 | U.S. Treasury Bonds, 2.250%, 5/15/2041 | 7,509 |
8,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 5,878 |
23,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 18,062 |
19,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 15,432 |
11,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 8,765 |
18,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 14,300 |
13,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 13,094 |
34,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 31,689 |
123,058 | ||
Utility Other — 0.1% | ||
14,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 11,660 |
Wireless — 0.1% | ||
8,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 8,648 |
Wirelines — 0.0% | ||
6,000 | AT&T, Inc., 3.650%, 6/01/2051 | 4,474 |
Total Bonds and Notes (Identified Cost $1,100,931) | 1,057,215 |
Shares | ||
Exchange-Traded Funds — 8.4% | ||
22,016 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $1,642,759) | 1,656,704 |
Mutual Funds — 13.4% | ||
76,647 | WCM Focused Emerging Markets Fund, Institutional Class | 974,952 |
71,378 | WCM Focused International Growth Fund, Institutional Class | 1,661,686 |
Total Mutual Funds (Identified Cost $2,879,769) | 2,636,638 | |
Affiliated Mutual Funds — 11.2% | ||
22,322 | Loomis Sayles Inflation Protected Securities Fund, Class N | 215,633 |
37,687 | Mirova Global Green Bond Fund, Class N | 319,957 |
140,947 | Mirova International Sustainable Equity Fund, Class N | 1,670,222 |
Total Affiliated Mutual Funds (Identified Cost $2,363,317) | 2,205,812 |
Principal Amount | Description | Value (†) |
Short-Term Investments — 3.6% | ||
$718,394 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $718,463 on 2/01/2024 collateralized by $734,300 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $733,038 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $718,394) | $718,394 |
Total Investments — 99.7% (Identified Cost $18,796,678) | 19,605,214 | |
Other assets less liabilities — 0.3% | 49,837 | |
Net Assets — 100.0% | $19,655,051 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $20,281 or 0.1% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation, Federal National Mortgage Association and Government National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 88.0 % |
Fixed Income | 8.1 |
Short-Term Investments | 3.6 |
Total Investments | 99.7 |
Other assets less liabilities | 0.3 |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 58.8% of Net Assets | ||
Aerospace & Defense — 1.2% | ||
213 | AAR Corp.(a) | $12,955 |
537 | Boeing Co.(a) | 113,328 |
40 | L3Harris Technologies, Inc. | 8,337 |
38 | Lockheed Martin Corp. | 16,317 |
87 | Moog, Inc., Class A | 12,163 |
13 | Northrop Grumman Corp. | 5,808 |
133 | RTX Corp. | 12,119 |
181,027 | ||
Air Freight & Logistics — 0.4% | ||
286 | Expeditors International of Washington, Inc. | 36,130 |
31 | FedEx Corp. | 7,480 |
171 | GXO Logistics, Inc.(a) | 9,299 |
83 | United Parcel Service, Inc., Class B | 11,778 |
64,687 | ||
Automobile Components — 0.7% | ||
42 | Aptiv PLC(a) | 3,416 |
911 | BorgWarner, Inc. | 30,883 |
570 | Dana, Inc. | 7,729 |
573 | Magna International, Inc. | 32,575 |
665 | Mobileye Global, Inc., Class A(a) | 17,197 |
144 | Phinia, Inc. | 4,355 |
76 | Visteon Corp.(a) | 8,762 |
104,917 | ||
Automobiles — 1.1% | ||
1,803 | General Motors Co. | 69,956 |
508 | Tesla, Inc.(a) | 95,143 |
83 | Thor Industries, Inc. | 9,381 |
174,480 | ||
Banks — 3.0% | ||
354 | Ameris Bancorp | 17,572 |
1,182 | Banc of California, Inc. | 16,288 |
2,014 | Bank of America Corp. | 68,496 |
1,000 | Citigroup, Inc. | 56,170 |
134 | Citizens Financial Group, Inc. | 4,382 |
201 | East West Bancorp, Inc. | 14,635 |
23 | First Citizens BancShares, Inc., Class A | 34,730 |
645 | First Financial Bancorp | 14,461 |
1,648 | FNB Corp. | 21,721 |
1,062 | Fulton Financial Corp. | 16,556 |
359 | International Bancshares Corp. | 18,977 |
327 | JPMorgan Chase & Co. | 57,016 |
100 | PNC Financial Services Group, Inc. | 15,121 |
170 | Regions Financial Corp. | 3,174 |
1,097 | Truist Financial Corp. | 40,655 |
338 | Webster Financial Corp. | 16,724 |
1,240 | Wells Fargo & Co. | 62,223 |
478,901 | ||
Beverages — 0.9% | ||
62 | Boston Beer Co., Inc., Class A(a) | 21,655 |
217 | Coca-Cola Co. | 12,909 |
178 | Keurig Dr Pepper, Inc. | 5,596 |
1,460 | Monster Beverage Corp.(a) | 80,329 |
141 | PepsiCo, Inc. | 23,763 |
144,252 | ||
Biotechnology — 1.5% | ||
145 | AbbVie, Inc. | 23,838 |
257 | Alnylam Pharmaceuticals, Inc.(a) | 44,438 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
40 | Amgen, Inc. | $12,570 |
16 | Biogen, Inc.(a) | 3,947 |
291 | CRISPR Therapeutics AG(a) | 18,318 |
160 | Cytokinetics, Inc.(a) | 12,501 |
208 | Gilead Sciences, Inc. | 16,278 |
173 | Halozyme Therapeutics, Inc.(a) | 5,856 |
69 | Incyte Corp.(a) | 4,055 |
101 | Neurocrine Biosciences, Inc.(a) | 14,117 |
65 | Regeneron Pharmaceuticals, Inc.(a) | 61,281 |
31 | United Therapeutics Corp.(a) | 6,658 |
13 | Vertex Pharmaceuticals, Inc.(a) | 5,634 |
229,491 | ||
Broadline Retail — 1.8% | ||
235 | Alibaba Group Holding Ltd., ADR | 16,960 |
1,507 | Amazon.com, Inc.(a) | 233,886 |
650 | eBay, Inc. | 26,696 |
277,542 | ||
Building Products — 0.9% | ||
46 | Carlisle Cos., Inc. | 14,456 |
96 | Carrier Global Corp. | 5,252 |
446 | Fortune Brands Innovations, Inc. | 34,605 |
36 | Lennox International, Inc. | 15,414 |
619 | Masco Corp. | 41,652 |
135 | Owens Corning | 20,457 |
115 | Trex Co., Inc.(a) | 9,370 |
141,206 | ||
Capital Markets — 3.7% | ||
962 | Bank of New York Mellon Corp. | 53,353 |
46 | BlackRock, Inc. | 35,618 |
68 | Cboe Global Markets, Inc. | 12,502 |
879 | Charles Schwab Corp. | 55,307 |
91 | CME Group, Inc. | 18,731 |
71 | FactSet Research Systems, Inc. | 33,790 |
115 | Goldman Sachs Group, Inc. | 44,161 |
608 | Intercontinental Exchange, Inc. | 77,417 |
281 | Janus Henderson Group PLC | 8,082 |
687 | KKR & Co., Inc. | 59,480 |
52 | Moody's Corp. | 20,386 |
94 | Morgan Stanley | 8,201 |
59 | MSCI, Inc. | 35,319 |
35 | Northern Trust Corp. | 2,787 |
48 | S&P Global, Inc. | 21,521 |
445 | SEI Investments Co. | 28,142 |
614 | State Street Corp. | 45,356 |
30 | T. Rowe Price Group, Inc. | 3,253 |
57 | Virtus Investment Partners, Inc. | 13,458 |
576,864 | ||
Chemicals — 1.0% | ||
13 | Air Products & Chemicals, Inc. | 3,324 |
175 | Celanese Corp. | 25,601 |
793 | Corteva, Inc. | 36,066 |
46 | DuPont de Nemours, Inc. | 2,843 |
64 | Ecolab, Inc. | 12,686 |
158 | HB Fuller Co. | 11,972 |
113 | Innospec, Inc. | 13,120 |
56 | Linde PLC | 22,670 |
130 | Minerals Technologies, Inc. | 8,495 |
Shares | Description | Value (†) |
Chemicals — continued | ||
20 | Sherwin-Williams Co. | $6,088 |
75 | Stepan Co. | 6,695 |
149,560 | ||
Commercial Services & Supplies — 0.1% | ||
81 | MSA Safety, Inc. | 13,367 |
27 | Waste Management, Inc. | 5,012 |
18,379 | ||
Communications Equipment — 0.3% | ||
194 | Ciena Corp.(a) | 10,282 |
423 | Cisco Systems, Inc. | 21,226 |
56 | F5, Inc.(a) | 10,287 |
19 | Motorola Solutions, Inc. | 6,071 |
47,866 | ||
Construction & Engineering — 0.2% | ||
274 | AECOM | 24,164 |
Construction Materials — 0.2% | ||
29 | Martin Marietta Materials, Inc. | 14,744 |
67 | Vulcan Materials Co. | 15,143 |
29,887 | ||
Consumer Finance — 1.4% | ||
1,967 | Ally Financial, Inc. | 72,150 |
365 | American Express Co. | 73,270 |
550 | Capital One Financial Corp. | 74,426 |
99 | Synchrony Financial | 3,848 |
223,694 | ||
Consumer Staples Distribution & Retail — 1.1% | ||
160 | BJ's Wholesale Club Holdings, Inc.(a) | 10,294 |
37 | Casey's General Stores, Inc. | 10,040 |
38 | Costco Wholesale Corp. | 26,406 |
1,777 | Kroger Co. | 81,991 |
265 | Sprouts Farmers Market, Inc.(a) | 13,348 |
34 | Target Corp. | 4,729 |
176 | Walmart, Inc. | 29,084 |
175,892 | ||
Containers & Packaging — 0.2% | ||
36 | Ball Corp. | 1,996 |
162 | Crown Holdings, Inc. | 14,337 |
259 | Sonoco Products Co. | 14,737 |
31,070 | ||
Distributors — 0.0% | ||
36 | Genuine Parts Co. | 5,048 |
Diversified Consumer Services — 0.2% | ||
95 | Grand Canyon Education, Inc.(a) | 12,406 |
196 | Service Corp. International | 13,156 |
25,562 | ||
Diversified REITs — 0.1% | ||
469 | American Assets Trust, Inc. | 10,520 |
Diversified Telecommunication Services — 0.3% | ||
926 | AT&T, Inc. | 16,381 |
147 | Iridium Communications, Inc. | 5,330 |
640 | Verizon Communications, Inc. | 27,104 |
48,815 | ||
Electric Utilities — 0.4% | ||
195 | American Electric Power Co., Inc. | 15,237 |
231 | Evergy, Inc. | 11,728 |
173 | Eversource Energy | 9,380 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
118 | Exelon Corp. | $4,108 |
137 | FirstEnergy Corp. | 5,025 |
108 | IDACORP, Inc. | 9,999 |
55,477 | ||
Electrical Equipment — 0.4% | ||
91 | Eaton Corp. PLC | 22,393 |
136 | Emerson Electric Co. | 12,475 |
241 | nVent Electric PLC | 14,470 |
88 | Regal Rexnord Corp. | 11,745 |
61,083 | ||
Electronic Equipment, Instruments & Components — 0.7% | ||
123 | Advanced Energy Industries, Inc. | 12,814 |
115 | Amphenol Corp., Class A | 11,626 |
257 | Avnet, Inc. | 11,642 |
200 | Cognex Corp. | 7,228 |
60 | Corning, Inc. | 1,949 |
660 | Knowles Corp.(a) | 10,765 |
41 | Littelfuse, Inc. | 9,918 |
216 | TE Connectivity Ltd. | 30,713 |
14 | Teledyne Technologies, Inc.(a) | 5,859 |
14 | Zebra Technologies Corp., Class A(a) | 3,354 |
105,868 | ||
Energy Equipment & Services — 0.2% | ||
349 | ChampionX Corp. | 9,566 |
736 | NOV, Inc. | 14,359 |
174 | Schlumberger NV | 8,474 |
32,399 | ||
Entertainment — 1.7% | ||
66 | Electronic Arts, Inc. | 9,080 |
203 | Netflix, Inc.(a) | 114,514 |
34 | Take-Two Interactive Software, Inc.(a) | 5,608 |
1,080 | Walt Disney Co. | 103,734 |
3,234 | Warner Bros Discovery, Inc.(a) | 32,405 |
265,341 | ||
Financial Services — 2.2% | ||
342 | Block, Inc.(a) | 22,233 |
415 | Fiserv, Inc.(a) | 58,876 |
250 | Global Payments, Inc. | 33,307 |
25 | Jack Henry & Associates, Inc. | 4,146 |
51 | Mastercard, Inc., Class A | 22,911 |
1,043 | MGIC Investment Corp. | 20,693 |
428 | PayPal Holdings, Inc.(a) | 26,258 |
486 | Visa, Inc., Class A | 132,804 |
245 | Voya Financial, Inc. | 17,731 |
56 | WEX, Inc.(a) | 11,446 |
350,405 | ||
Food Products — 0.7% | ||
125 | Campbell Soup Co. | 5,579 |
205 | Conagra Brands, Inc. | 5,976 |
142 | Darling Ingredients, Inc.(a) | 6,148 |
235 | General Mills, Inc. | 15,254 |
35 | Hershey Co. | 6,774 |
203 | Hormel Foods Corp. | 6,165 |
107 | Ingredion, Inc. | 11,510 |
38 | J M Smucker Co. | 4,999 |
156 | Kellanova | 8,542 |
482 | Kraft Heinz Co. | 17,897 |
Shares | Description | Value (†) |
Food Products — continued | ||
94 | McCormick & Co., Inc. | $6,407 |
271 | Mondelez International, Inc., Class A | 20,398 |
115,649 | ||
Gas Utilities — 0.2% | ||
87 | Atmos Energy Corp. | 9,913 |
295 | New Jersey Resources Corp. | 12,045 |
118 | ONE Gas, Inc. | 7,241 |
29,199 | ||
Ground Transportation — 0.5% | ||
338 | CSX Corp. | 12,067 |
28 | JB Hunt Transport Services, Inc. | 5,627 |
51 | Norfolk Southern Corp. | 11,997 |
75 | Ryder System, Inc. | 8,518 |
31 | Saia, Inc.(a) | 13,968 |
76 | Uber Technologies, Inc.(a) | 4,960 |
33 | Union Pacific Corp. | 8,050 |
130 | XPO, Inc.(a) | 11,107 |
76,294 | ||
Health Care Equipment & Supplies — 1.2% | ||
198 | Abbott Laboratories | 22,404 |
13 | Align Technology, Inc.(a) | 3,475 |
633 | Baxter International, Inc. | 24,491 |
49 | Becton Dickinson & Co. | 11,702 |
60 | Edwards Lifesciences Corp.(a) | 4,708 |
28 | GE HealthCare Technologies, Inc. | 2,054 |
109 | Globus Medical, Inc., Class A(a) | 5,754 |
83 | Haemonetics Corp.(a) | 6,346 |
98 | Intuitive Surgical, Inc.(a) | 37,066 |
131 | LeMaitre Vascular, Inc. | 7,603 |
178 | Medtronic PLC | 15,582 |
224 | Merit Medical Systems, Inc.(a) | 17,539 |
43 | Penumbra, Inc.(a) | 10,844 |
34 | Shockwave Medical, Inc.(a) | 7,693 |
25 | Stryker Corp. | 8,387 |
185,648 | ||
Health Care Providers & Services — 1.7% | ||
164 | Acadia Healthcare Co., Inc.(a) | 13,471 |
80 | Cardinal Health, Inc. | 8,735 |
679 | Centene Corp.(a) | 51,136 |
27 | Chemed Corp. | 16,005 |
52 | Cigna Group | 15,649 |
467 | CVS Health Corp. | 34,731 |
37 | Elevance Health, Inc. | 18,257 |
121 | HCA Healthcare, Inc. | 36,893 |
75 | Henry Schein, Inc.(a) | 5,613 |
8 | Humana, Inc. | 3,024 |
22 | Laboratory Corp. of America Holdings | 4,891 |
12 | McKesson Corp. | 5,999 |
278 | Select Medical Holdings Corp. | 7,225 |
75 | UnitedHealth Group, Inc. | 38,381 |
260,010 | ||
Health Care REITs — 0.1% | ||
759 | Physicians Realty Trust | 9,290 |
Health Care Technology — 0.4% | ||
1,086 | Doximity, Inc., Class A(a) | 29,268 |
194 | Veeva Systems, Inc., Class A(a) | 40,237 |
69,505 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
161 | Host Hotels & Resorts, Inc. | $3,094 |
Hotels, Restaurants & Leisure — 1.2% | ||
323 | Aramark | 9,393 |
4 | Booking Holdings, Inc.(a) | 14,030 |
3 | Chipotle Mexican Grill, Inc.(a) | 7,226 |
102 | Hilton Worldwide Holdings, Inc. | 19,478 |
119 | Marriott Vacations Worldwide Corp. | 9,983 |
74 | McDonald's Corp. | 21,661 |
508 | Starbucks Corp. | 47,259 |
269 | Travel & Leisure Co. | 10,873 |
44 | Wingstop, Inc. | 12,369 |
482 | Yum China Holdings, Inc. | 16,672 |
203 | Yum! Brands, Inc. | 26,287 |
195,231 | ||
Household Durables — 0.4% | ||
259 | KB Home | 15,434 |
102 | Meritage Homes Corp. | 16,892 |
94 | PulteGroup, Inc. | 9,829 |
333 | Taylor Morrison Home Corp.(a) | 17,362 |
59,517 | ||
Household Products — 0.5% | ||
161 | Church & Dwight Co., Inc. | 16,076 |
64 | Colgate-Palmolive Co. | 5,389 |
392 | Energizer Holdings, Inc. | 12,395 |
296 | Procter & Gamble Co. | 46,513 |
80,373 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
379 | AES Corp. | 6,322 |
Industrial Conglomerates — 0.4% | ||
42 | 3M Co. | 3,963 |
213 | General Electric Co. | 28,205 |
118 | Honeywell International, Inc. | 23,867 |
56,035 | ||
Industrial REITs — 0.2% | ||
77 | Prologis, Inc. | 9,755 |
365 | Rexford Industrial Realty, Inc. | 19,196 |
28,951 | ||
Insurance — 2.0% | ||
33 | Allstate Corp. | 5,123 |
829 | American International Group, Inc. | 57,624 |
114 | Arch Capital Group Ltd.(a) | 9,397 |
67 | Arthur J Gallagher & Co. | 15,555 |
34 | Assurant, Inc. | 5,710 |
290 | Assured Guaranty Ltd. | 23,528 |
53 | Chubb Ltd. | 12,985 |
189 | First American Financial Corp. | 11,406 |
112 | Hanover Insurance Group, Inc. | 14,785 |
120 | Hartford Financial Services Group, Inc. | 10,435 |
50 | Marsh & McLennan Cos., Inc. | 9,692 |
90 | Prudential Financial, Inc. | 9,444 |
225 | Reinsurance Group of America, Inc. | 39,125 |
161 | Selective Insurance Group, Inc. | 16,883 |
87 | Travelers Cos., Inc. | 18,388 |
224 | Willis Towers Watson PLC | 55,171 |
315,251 | ||
Interactive Media & Services — 3.1% | ||
774 | Alphabet, Inc., Class A(a) | 108,437 |
1,097 | Alphabet, Inc., Class C(a) | 155,555 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
533 | Meta Platforms, Inc., Class A(a) | $207,945 |
305 | Yelp, Inc.(a) | 13,338 |
312 | ZoomInfo Technologies, Inc.(a) | 5,004 |
490,279 | ||
IT Services — 0.7% | ||
61 | Accenture PLC, Class A | 22,197 |
165 | Cognizant Technology Solutions Corp., Class A | 12,725 |
174 | GoDaddy, Inc., Class A(a) | 18,559 |
131 | International Business Machines Corp. | 24,059 |
470 | Shopify, Inc., Class A(a) | 37,633 |
115,173 | ||
Leisure Products — 0.1% | ||
574 | Mattel, Inc.(a) | 10,269 |
129 | YETI Holdings, Inc.(a) | 5,672 |
15,941 | ||
Life Sciences Tools & Services — 1.0% | ||
34 | Agilent Technologies, Inc. | 4,423 |
134 | Danaher Corp. | 32,148 |
210 | Illumina, Inc.(a) | 30,032 |
248 | IQVIA Holdings, Inc.(a) | 51,641 |
61 | Repligen Corp.(a) | 11,554 |
39 | Thermo Fisher Scientific, Inc. | 21,020 |
150,818 | ||
Machinery — 1.1% | ||
83 | AGCO Corp. | 10,153 |
28 | Caterpillar, Inc. | 8,409 |
47 | Chart Industries, Inc.(a) | 5,486 |
11 | Cummins, Inc. | 2,632 |
37 | Deere & Co. | 14,563 |
70 | Dover Corp. | 10,485 |
97 | Fortive Corp. | 7,583 |
257 | Graco, Inc. | 21,922 |
23 | Illinois Tool Works, Inc. | 6,001 |
180 | ITT, Inc. | 21,740 |
109 | Oshkosh Corp. | 12,001 |
24 | Parker-Hannifin Corp. | 11,148 |
128 | SPX Technologies, Inc.(a) | 12,882 |
182 | Terex Corp. | 11,180 |
157 | Toro Co. | 14,519 |
170,704 | ||
Media — 0.9% | ||
111 | Charter Communications, Inc., Class A(a) | 41,149 |
1,281 | Comcast Corp., Class A | 59,618 |
353 | Interpublic Group of Cos., Inc. | 11,645 |
246 | Liberty Broadband Corp., Class C(a) | 19,299 |
156 | Omnicom Group, Inc. | 14,099 |
145,810 | ||
Metals & Mining — 0.4% | ||
359 | Alcoa Corp. | 10,680 |
621 | Cleveland-Cliffs, Inc.(a) | 12,451 |
174 | Commercial Metals Co. | 9,086 |
72 | Newmont Corp. | 2,485 |
56 | Reliance Steel & Aluminum Co. | 15,983 |
226 | U.S. Steel Corp. | 10,627 |
61,312 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.2% | ||
1,301 | Annaly Capital Management, Inc. | $24,966 |
502 | KKR Real Estate Finance Trust, Inc. | 6,145 |
31,111 | ||
Multi-Utilities — 0.1% | ||
127 | Consolidated Edison, Inc. | 11,545 |
48 | DTE Energy Co. | 5,060 |
33 | WEC Energy Group, Inc. | 2,665 |
19,270 | ||
Office REITs — 0.3% | ||
645 | COPT Defense Properties | 15,196 |
436 | Douglas Emmett, Inc. | 5,908 |
582 | Easterly Government Properties, Inc. | 7,147 |
548 | Highwoods Properties, Inc. | 12,588 |
394 | Kilroy Realty Corp. | 14,089 |
54,928 | ||
Oil, Gas & Consumable Fuels — 2.6% | ||
910 | Antero Midstream Corp. | 11,138 |
234 | Antero Resources Corp.(a) | 5,228 |
1,413 | APA Corp. | 44,269 |
207 | Chevron Corp. | 30,518 |
401 | CNX Resources Corp.(a) | 8,100 |
593 | ConocoPhillips | 66,339 |
164 | Devon Energy Corp. | 6,891 |
458 | EOG Resources, Inc. | 52,116 |
449 | Exxon Mobil Corp. | 46,162 |
40 | Hess Corp. | 5,621 |
183 | HF Sinclair Corp. | 10,338 |
580 | Kinder Morgan, Inc. | 9,814 |
101 | ONEOK, Inc. | 6,893 |
284 | Ovintiv, Inc. | 12,047 |
420 | Phillips 66 | 60,610 |
318 | Range Resources Corp. | 9,235 |
1,154 | Southwestern Energy Co.(a) | 7,443 |
42 | Valero Energy Corp. | 5,834 |
203 | Williams Cos., Inc. | 7,036 |
405,632 | ||
Passenger Airlines — 0.1% | ||
355 | Delta Air Lines, Inc. | 13,895 |
Personal Care Products — 0.0% | ||
20 | Estee Lauder Cos., Inc., Class A | 2,640 |
Pharmaceuticals — 1.6% | ||
334 | Bristol-Myers Squibb Co. | 16,323 |
31 | Eli Lilly & Co. | 20,014 |
76 | Jazz Pharmaceuticals PLC(a) | 9,327 |
309 | Johnson & Johnson | 49,100 |
267 | Merck & Co., Inc. | 32,248 |
181 | Novartis AG, ADR | 18,728 |
367 | Novo Nordisk AS, ADR | 42,109 |
172 | Perrigo Co. PLC | 5,518 |
667 | Pfizer, Inc. | 18,062 |
547 | Roche Holding AG, ADR | 19,222 |
82 | Zoetis, Inc. | 15,400 |
246,051 | ||
Professional Services — 0.4% | ||
26 | Automatic Data Processing, Inc. | 6,390 |
102 | Equifax, Inc. | 24,923 |
111 | Exponent, Inc. | 9,789 |
143 | Korn Ferry | 8,390 |
Shares | Description | Value (†) |
Professional Services — continued | ||
54 | Leidos Holdings, Inc. | $5,965 |
29 | Paychex, Inc. | 3,530 |
58 | Paylocity Holding Corp.(a) | 9,188 |
68,175 | ||
Real Estate Management & Development — 0.4% | ||
663 | CBRE Group, Inc., Class A(a) | 57,224 |
75 | Jones Lang LaSalle, Inc.(a) | 13,279 |
70,503 | ||
Residential REITs — 0.1% | ||
38 | AvalonBay Communities, Inc. | 6,802 |
57 | Camden Property Trust | 5,349 |
12,151 | ||
Retail REITs — 0.3% | ||
1,082 | Brixmor Property Group, Inc. | 24,280 |
362 | NNN REIT, Inc. | 14,603 |
36 | Simon Property Group, Inc. | 4,990 |
43,873 | ||
Semiconductors & Semiconductor Equipment — 3.0% | ||
74 | Advanced Micro Devices, Inc.(a) | 12,409 |
88 | Analog Devices, Inc. | 16,928 |
463 | ARM Holdings PLC, ADR(a) | 32,720 |
18 | Broadcom, Inc. | 21,240 |
534 | Intel Corp. | 23,005 |
160 | Lattice Semiconductor Corp.(a) | 9,738 |
82 | Micron Technology, Inc. | 7,032 |
387 | NVIDIA Corp. | 238,109 |
83 | Onto Innovation, Inc.(a) | 13,404 |
50 | Qorvo, Inc.(a) | 4,987 |
310 | QUALCOMM, Inc. | 46,038 |
60 | Silicon Laboratories, Inc.(a) | 7,402 |
103 | Synaptics, Inc.(a) | 11,001 |
102 | Texas Instruments, Inc. | 16,332 |
64 | Universal Display Corp. | 10,865 |
471,210 | ||
Software — 4.5% | ||
21 | Adobe, Inc.(a) | 12,973 |
43 | ANSYS, Inc.(a) | 14,097 |
297 | Autodesk, Inc.(a) | 75,381 |
29 | Cadence Design Systems, Inc.(a) | 8,365 |
226 | Dynatrace, Inc.(a) | 12,882 |
14 | Intuit, Inc. | 8,839 |
85 | Manhattan Associates, Inc.(a) | 20,618 |
479 | Microsoft Corp. | 190,441 |
1,068 | Oracle Corp. | 119,296 |
18 | Palo Alto Networks, Inc.(a) | 6,093 |
42 | PTC, Inc.(a) | 7,587 |
61 | Qualys, Inc.(a) | 11,539 |
39 | Roper Technologies, Inc. | 20,943 |
400 | Salesforce, Inc.(a) | 112,436 |
17 | ServiceNow, Inc.(a) | 13,012 |
50 | SPS Commerce, Inc.(a) | 9,190 |
17 | Synopsys, Inc.(a) | 9,067 |
17 | Tyler Technologies, Inc.(a) | 7,187 |
180 | Workday, Inc., Class A(a) | 52,393 |
712,339 | ||
Specialized REITs — 0.1% | ||
18 | American Tower Corp. | 3,522 |
37 | Crown Castle, Inc. | 4,005 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
23 | Digital Realty Trust, Inc. | $3,231 |
8 | Equinix, Inc. | 6,638 |
103 | Weyerhaeuser Co. | 3,375 |
20,771 | ||
Specialty Retail — 0.9% | ||
35 | Asbury Automotive Group, Inc.(a) | 7,317 |
81 | Burlington Stores, Inc.(a) | 15,483 |
56 | Dick's Sporting Goods, Inc. | 8,348 |
56 | Five Below, Inc.(a) | 10,050 |
143 | Floor & Decor Holdings, Inc., Class A(a) | 14,380 |
80 | Home Depot, Inc. | 28,237 |
34 | Lithia Motors, Inc. | 10,025 |
46 | Lowe's Cos., Inc. | 9,791 |
42 | Ross Stores, Inc. | 5,892 |
198 | TJX Cos., Inc. | 18,792 |
57 | Williams-Sonoma, Inc. | 11,023 |
139,338 | ||
Technology Hardware, Storage & Peripherals — 0.7% | ||
558 | Apple, Inc. | 102,895 |
203 | Hewlett Packard Enterprise Co. | 3,104 |
131 | HP, Inc. | 3,761 |
59 | NetApp, Inc. | 5,145 |
114,905 | ||
Textiles, Apparel & Luxury Goods — 0.5% | ||
65 | Crocs, Inc.(a) | 6,596 |
29 | Deckers Outdoor Corp.(a) | 21,858 |
150 | NIKE, Inc., Class B | 15,230 |
104 | PVH Corp. | 12,507 |
1,794 | Under Armour, Inc., Class A(a) | 13,670 |
990 | Under Armour, Inc., Class C(a) | 7,326 |
77,187 | ||
Trading Companies & Distributors — 0.2% | ||
73 | GATX Corp. | 8,954 |
47 | Watsco, Inc. | 18,376 |
27,330 | ||
Water Utilities — 0.1% | ||
112 | American States Water Co. | 8,355 |
30 | American Water Works Co., Inc. | 3,721 |
248 | Essential Utilities, Inc. | 8,893 |
20,969 | ||
Total Common Stocks (Identified Cost $8,238,710) | 9,227,081 |
Principal Amount | ||
Bonds and Notes — 4.1% | ||
Apartment REITs — 0.0% | ||
$2,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 1,785 |
Automotive — 0.1% | ||
7,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 6,894 |
4,000 | Lear Corp., 4.250%, 5/15/2029 | 3,862 |
4,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 3,510 |
14,266 | ||
Banking — 0.6% | ||
7,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 6,693 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$4,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | $4,000 |
4,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 3,997 |
7,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 6,449 |
6,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 5,953 |
5,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 4,914 |
5,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 4,990 |
6,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 5,160 |
3,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 2,814 |
4,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 3,671 |
4,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 3,898 |
7,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 6,637 |
7,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 6,956 |
4,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 3,947 |
2,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 1,982 |
4,000 | State Street Corp., 2.400%, 1/24/2030 | 3,570 |
4,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 3,335 |
6,000 | Truist Bank, 3.200%, 4/01/2024 | 5,975 |
7,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 6,815 |
91,756 | ||
Brokerage — 0.1% | ||
5,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 4,415 |
8,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 5,549 |
9,964 | ||
Building Materials — 0.1% | ||
6,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 5,547 |
7,000 | Owens Corning, 3.950%, 8/15/2029 | 6,683 |
12,230 | ||
Chemicals — 0.1% | ||
9,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 7,538 |
2,000 | LYB International Finance BV, 5.250%, 7/15/2043 | 1,899 |
9,437 | ||
Consumer Products — 0.1% | ||
9,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 8,395 |
Diversified Manufacturing — 0.1% | ||
8,000 | Eaton Corp., 4.150%, 3/15/2033 | 7,717 |
3,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 2,684 |
10,401 | ||
Electric — 0.2% | ||
3,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 2,720 |
5,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 4,979 |
7,000 | Entergy Corp., 0.900%, 9/15/2025 | 6,555 |
6,000 | Exelon Corp., 4.050%, 4/15/2030 | 5,723 |
6,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 5,127 |
2,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 1,911 |
3,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 2,469 |
5,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 4,853 |
34,337 |
Principal Amount | Description | Value (†) |
Environmental — 0.1% | ||
$6,000 | Republic Services, Inc., 1.450%, 2/15/2031 | $4,834 |
6,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 4,586 |
9,420 | ||
Finance Companies — 0.1% | ||
5,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 4,816 |
4,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 3,604 |
8,420 | ||
Food & Beverage — 0.1% | ||
7,000 | Coca-Cola Co., 1.450%, 6/01/2027 | 6,399 |
5,000 | General Mills, Inc., 4.000%, 4/17/2025 | 4,938 |
2,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 1,805 |
7,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 6,364 |
19,506 | ||
Government Owned - No Guarantee — 0.1% | ||
4,000 | Equinor ASA, 3.625%, 4/06/2040 | 3,426 |
9,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 10,332 |
13,758 | ||
Health Care REITs — 0.0% | ||
6,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 5,192 |
Health Insurance — 0.1% | ||
5,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 4,909 |
4,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 4,374 |
9,283 | ||
Healthcare — 0.1% | ||
2,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 1,972 |
2,000 | CVS Health Corp., 4.300%, 3/25/2028 | 1,965 |
3,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 2,927 |
3,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 2,876 |
4,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 3,578 |
13,318 | ||
Integrated Energy — 0.1% | ||
6,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 5,884 |
5,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 5,750 |
11,634 | ||
Life Insurance — 0.0% | ||
2,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 2,067 |
5,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 4,633 |
6,700 | ||
Media Entertainment — 0.0% | ||
4,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 3,924 |
Metals & Mining — 0.0% | ||
6,000 | Nucor Corp., 3.125%, 4/01/2032 | 5,361 |
Mortgage Related — 0.6% | ||
12,624 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities in 2052(c) | 10,628 |
8,003 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities in 2052(c) | 7,008 |
10,175 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities in 2052(c) | 9,262 |
2,787 | Federal Home Loan Mortgage Corp., 4.000%, with various maturities in 2052(c) | 2,623 |
12,786 | Federal National Mortgage Association, 2.000%, with various maturities in 2051(c) | 10,341 |
7,038 | Federal National Mortgage Association, 2.500%, with various maturities in 2051(c) | 5,951 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$18,311 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | $16,122 |
6,041 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 5,519 |
14,941 | Federal National Mortgage Association, 4.000%, with various maturities from 2049 to 2053(c) | 14,070 |
3,290 | Federal National Mortgage Association, 4.500%, with various maturities from 2048 to 2053(c) | 3,188 |
3,590 | Government National Mortgage Association, 3.000%, with various maturities in 2052(c) | 3,207 |
985 | Government National Mortgage Association, 4.000%, 8/20/2053 | 935 |
2,960 | Government National Mortgage Association, 5.000%, 7/20/2053 | 2,940 |
6,767 | Government National Mortgage Association, 5.500%, 4/20/2053 | 6,811 |
98,605 | ||
Office REITs — 0.1% | ||
7,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 6,837 |
3,000 | Boston Properties LP, 2.750%, 10/01/2026 | 2,797 |
9,634 | ||
Oil Field Services — 0.0% | ||
4,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 3,811 |
Other REITs — 0.0% | ||
4,000 | Prologis LP, 1.250%, 10/15/2030 | 3,232 |
Pharmaceuticals — 0.1% | ||
9,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 7,731 |
2,000 | Biogen, Inc., 2.250%, 5/01/2030 | 1,705 |
4,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 3,790 |
2,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 1,671 |
6,000 | Viatris, Inc., 3.850%, 6/22/2040 | 4,541 |
19,438 | ||
Property & Casualty Insurance — 0.1% | ||
2,000 | Fidelity National Financial, Inc., 3.400%, 6/15/2030 | 1,791 |
7,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 6,010 |
7,801 | ||
Railroads — 0.0% | ||
7,000 | CSX Corp., 2.600%, 11/01/2026 | 6,666 |
Restaurants — 0.0% | ||
5,000 | Starbucks Corp., 2.250%, 3/12/2030 | 4,362 |
Retail REITs — 0.0% | ||
2,000 | Realty Income Corp., 2.700%, 2/15/2032 | 1,675 |
2,000 | Realty Income Corp., 3.400%, 1/15/2028 | 1,904 |
3,579 | ||
Retailers — 0.1% | ||
5,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 4,606 |
7,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 6,142 |
4,000 | Walmart, Inc., 4.100%, 4/15/2033 | 3,911 |
14,659 | ||
Technology — 0.2% | ||
8,000 | Apple, Inc., 2.500%, 2/09/2025 | 7,818 |
4,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 3,858 |
4,000 | Intel Corp., 2.450%, 11/15/2029 | 3,580 |
6,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 5,220 |
6,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 5,511 |
Principal Amount | Description | Value (†) |
Technology — continued | ||
$5,000 | Oracle Corp., 2.950%, 5/15/2025 | $4,868 |
8,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 6,415 |
37,270 | ||
Treasuries — 0.8% | ||
10,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 5,206 |
26,000 | U.S. Treasury Bonds, 2.250%, 5/15/2041 | 19,524 |
6,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 4,408 |
13,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 10,209 |
12,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 9,747 |
9,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 7,171 |
11,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 8,739 |
10,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 10,072 |
45,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 41,942 |
117,018 | ||
Utility Other — 0.0% | ||
6,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 4,997 |
Wireless — 0.0% | ||
5,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 5,405 |
Wirelines — 0.0% | ||
4,000 | AT&T, Inc., 3.650%, 6/01/2051 | 2,983 |
Total Bonds and Notes (Identified Cost $650,636) | 638,547 |
Shares | ||
Exchange-Traded Funds — 9.1% | ||
19,003 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $1,424,067) | 1,429,976 |
Mutual Funds — 14.5% | ||
66,991 | WCM Focused Emerging Markets Fund, Institutional Class | 852,121 |
61,146 | WCM Focused International Growth Fund, Institutional Class | 1,423,481 |
Total Mutual Funds (Identified Cost $2,486,311) | 2,275,602 | |
Affiliated Mutual Funds — 10.6% | ||
1,109 | Loomis Sayles Inflation Protected Securities Fund, Class N | 10,716 |
28,044 | Mirova Global Green Bond Fund, Class N | 238,092 |
119,472 | Mirova International Sustainable Equity Fund, Class N | 1,415,746 |
Total Affiliated Mutual Funds (Identified Cost $1,789,235) | 1,664,554 |
Principal Amount | Description | Value (†) |
Short-Term Investments — 3.4% | ||
$538,156 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $538,209 on 2/01/2024 collateralized by $550,200 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $549,254 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $538,156) | $538,156 |
Total Investments — 100.5% (Identified Cost $15,127,115) | 15,773,916 | |
Other assets less liabilities — (0.5)% | (73,262 ) | |
Net Assets — 100.0% | $15,700,654 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $10,596 or 0.1% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation and Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 91.4 % |
Fixed Income | 5.7 |
Short-Term Investments | 3.4 |
Total Investments | 100.5 |
Other assets less liabilities | (0.5 ) |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 58.9% of Net Assets | ||
Aerospace & Defense — 1.2% | ||
173 | AAR Corp.(a) | $10,522 |
438 | Boeing Co.(a) | 92,435 |
33 | L3Harris Technologies, Inc. | 6,878 |
30 | Lockheed Martin Corp. | 12,882 |
71 | Moog, Inc., Class A | 9,926 |
11 | Northrop Grumman Corp. | 4,914 |
106 | RTX Corp. | 9,659 |
147,216 | ||
Air Freight & Logistics — 0.4% | ||
233 | Expeditors International of Washington, Inc. | 29,435 |
24 | FedEx Corp. | 5,791 |
138 | GXO Logistics, Inc.(a) | 7,504 |
70 | United Parcel Service, Inc., Class B | 9,933 |
52,663 | ||
Automobile Components — 0.7% | ||
31 | Aptiv PLC(a) | 2,521 |
719 | BorgWarner, Inc. | 24,374 |
480 | Dana, Inc. | 6,509 |
452 | Magna International, Inc. | 25,696 |
545 | Mobileye Global, Inc., Class A(a) | 14,094 |
120 | Phinia, Inc. | 3,629 |
64 | Visteon Corp.(a) | 7,378 |
84,201 | ||
Automobiles — 1.1% | ||
1,430 | General Motors Co. | 55,484 |
414 | Tesla, Inc.(a) | 77,538 |
67 | Thor Industries, Inc. | 7,572 |
140,594 | ||
Banks — 3.0% | ||
291 | Ameris Bancorp | 14,445 |
969 | Banc of California, Inc. | 13,353 |
1,600 | Bank of America Corp. | 54,416 |
786 | Citigroup, Inc. | 44,149 |
103 | Citizens Financial Group, Inc. | 3,368 |
165 | East West Bancorp, Inc. | 12,013 |
18 | First Citizens BancShares, Inc., Class A | 27,180 |
526 | First Financial Bancorp | 11,793 |
1,332 | FNB Corp. | 17,556 |
871 | Fulton Financial Corp. | 13,579 |
295 | International Bancshares Corp. | 15,594 |
264 | JPMorgan Chase & Co. | 46,031 |
80 | PNC Financial Services Group, Inc. | 12,097 |
128 | Regions Financial Corp. | 2,390 |
861 | Truist Financial Corp. | 31,909 |
277 | Webster Financial Corp. | 13,706 |
977 | Wells Fargo & Co. | 49,026 |
382,605 | ||
Beverages — 0.9% | ||
51 | Boston Beer Co., Inc., Class A(a) | 17,813 |
174 | Coca-Cola Co. | 10,351 |
160 | Keurig Dr Pepper, Inc. | 5,030 |
1,196 | Monster Beverage Corp.(a) | 65,804 |
114 | PepsiCo, Inc. | 19,213 |
118,211 | ||
Biotechnology — 1.5% | ||
118 | AbbVie, Inc. | 19,399 |
211 | Alnylam Pharmaceuticals, Inc.(a) | 36,484 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
31 | Amgen, Inc. | $9,742 |
13 | Biogen, Inc.(a) | 3,207 |
239 | CRISPR Therapeutics AG(a) | 15,045 |
129 | Cytokinetics, Inc.(a) | 10,079 |
165 | Gilead Sciences, Inc. | 12,913 |
139 | Halozyme Therapeutics, Inc.(a) | 4,705 |
62 | Incyte Corp.(a) | 3,644 |
82 | Neurocrine Biosciences, Inc.(a) | 11,461 |
54 | Regeneron Pharmaceuticals, Inc.(a) | 50,910 |
25 | United Therapeutics Corp.(a) | 5,369 |
10 | Vertex Pharmaceuticals, Inc.(a) | 4,334 |
187,292 | ||
Broadline Retail — 1.8% | ||
192 | Alibaba Group Holding Ltd., ADR | 13,857 |
1,217 | Amazon.com, Inc.(a) | 188,878 |
513 | eBay, Inc. | 21,069 |
223,804 | ||
Building Products — 0.9% | ||
37 | Carlisle Cos., Inc. | 11,628 |
82 | Carrier Global Corp. | 4,486 |
351 | Fortune Brands Innovations, Inc. | 27,234 |
29 | Lennox International, Inc. | 12,417 |
488 | Masco Corp. | 32,837 |
109 | Owens Corning | 16,517 |
93 | Trex Co., Inc.(a) | 7,578 |
112,697 | ||
Capital Markets — 3.6% | ||
763 | Bank of New York Mellon Corp. | 42,316 |
35 | BlackRock, Inc. | 27,101 |
55 | Cboe Global Markets, Inc. | 10,112 |
694 | Charles Schwab Corp. | 43,667 |
73 | CME Group, Inc. | 15,026 |
58 | FactSet Research Systems, Inc. | 27,603 |
92 | Goldman Sachs Group, Inc. | 35,329 |
484 | Intercontinental Exchange, Inc. | 61,628 |
237 | Janus Henderson Group PLC | 6,816 |
541 | KKR & Co., Inc. | 46,840 |
41 | Moody's Corp. | 16,074 |
77 | Morgan Stanley | 6,717 |
48 | MSCI, Inc. | 28,734 |
25 | Northern Trust Corp. | 1,991 |
40 | S&P Global, Inc. | 17,934 |
364 | SEI Investments Co. | 23,019 |
483 | State Street Corp. | 35,679 |
27 | T. Rowe Price Group, Inc. | 2,928 |
46 | Virtus Investment Partners, Inc. | 10,861 |
460,375 | ||
Chemicals — 0.9% | ||
11 | Air Products & Chemicals, Inc. | 2,813 |
137 | Celanese Corp. | 20,042 |
624 | Corteva, Inc. | 28,379 |
39 | DuPont de Nemours, Inc. | 2,410 |
53 | Ecolab, Inc. | 10,506 |
128 | HB Fuller Co. | 9,699 |
92 | Innospec, Inc. | 10,682 |
44 | Linde PLC | 17,813 |
109 | Minerals Technologies, Inc. | 7,123 |
Shares | Description | Value (†) |
Chemicals — continued | ||
17 | Sherwin-Williams Co. | $5,174 |
60 | Stepan Co. | 5,356 |
119,997 | ||
Commercial Services & Supplies — 0.1% | ||
65 | MSA Safety, Inc. | 10,727 |
21 | Waste Management, Inc. | 3,898 |
14,625 | ||
Communications Equipment — 0.3% | ||
156 | Ciena Corp.(a) | 8,268 |
333 | Cisco Systems, Inc. | 16,710 |
45 | F5, Inc.(a) | 8,266 |
16 | Motorola Solutions, Inc. | 5,112 |
38,356 | ||
Construction & Engineering — 0.2% | ||
222 | AECOM | 19,578 |
Construction Materials — 0.1% | ||
18 | Martin Marietta Materials, Inc. | 9,152 |
44 | Vulcan Materials Co. | 9,944 |
19,096 | ||
Consumer Finance — 1.4% | ||
1,553 | Ally Financial, Inc. | 56,964 |
287 | American Express Co. | 57,613 |
435 | Capital One Financial Corp. | 58,864 |
85 | Synchrony Financial | 3,304 |
176,745 | ||
Consumer Staples Distribution & Retail — 1.1% | ||
129 | BJ's Wholesale Club Holdings, Inc.(a) | 8,300 |
30 | Casey's General Stores, Inc. | 8,141 |
32 | Costco Wholesale Corp. | 22,236 |
1,398 | Kroger Co. | 64,503 |
216 | Sprouts Farmers Market, Inc.(a) | 10,880 |
26 | Target Corp. | 3,616 |
143 | Walmart, Inc. | 23,631 |
141,307 | ||
Containers & Packaging — 0.2% | ||
31 | Ball Corp. | 1,719 |
132 | Crown Holdings, Inc. | 11,682 |
213 | Sonoco Products Co. | 12,120 |
25,521 | ||
Distributors — 0.0% | ||
31 | Genuine Parts Co. | 4,347 |
Diversified Consumer Services — 0.2% | ||
77 | Grand Canyon Education, Inc.(a) | 10,056 |
159 | Service Corp. International | 10,672 |
20,728 | ||
Diversified REITs — 0.1% | ||
382 | American Assets Trust, Inc. | 8,568 |
Diversified Telecommunication Services — 0.3% | ||
767 | AT&T, Inc. | 13,568 |
117 | Iridium Communications, Inc. | 4,243 |
535 | Verizon Communications, Inc. | 22,657 |
40,468 | ||
Electric Utilities — 0.4% | ||
159 | American Electric Power Co., Inc. | 12,424 |
194 | Evergy, Inc. | 9,849 |
134 | Eversource Energy | 7,266 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
95 | Exelon Corp. | $3,307 |
122 | FirstEnergy Corp. | 4,475 |
87 | IDACORP, Inc. | 8,055 |
45,376 | ||
Electrical Equipment — 0.4% | ||
72 | Eaton Corp. PLC | 17,718 |
110 | Emerson Electric Co. | 10,090 |
197 | nVent Electric PLC | 11,828 |
72 | Regal Rexnord Corp. | 9,609 |
49,245 | ||
Electronic Equipment, Instruments & Components — 0.7% | ||
100 | Advanced Energy Industries, Inc. | 10,418 |
93 | Amphenol Corp., Class A | 9,402 |
209 | Avnet, Inc. | 9,468 |
169 | Cognex Corp. | 6,108 |
42 | Corning, Inc. | 1,364 |
532 | Knowles Corp.(a) | 8,677 |
33 | Littelfuse, Inc. | 7,983 |
173 | TE Connectivity Ltd. | 24,599 |
12 | Teledyne Technologies, Inc.(a) | 5,022 |
12 | Zebra Technologies Corp., Class A(a) | 2,874 |
85,915 | ||
Energy Equipment & Services — 0.2% | ||
281 | ChampionX Corp. | 7,702 |
603 | NOV, Inc. | 11,765 |
140 | Schlumberger NV | 6,818 |
26,285 | ||
Entertainment — 1.7% | ||
54 | Electronic Arts, Inc. | 7,429 |
167 | Netflix, Inc.(a) | 94,206 |
28 | Take-Two Interactive Software, Inc.(a) | 4,618 |
856 | Walt Disney Co. | 82,219 |
2,574 | Warner Bros Discovery, Inc.(a) | 25,792 |
214,264 | ||
Financial Services — 2.2% | ||
281 | Block, Inc.(a) | 18,268 |
327 | Fiserv, Inc.(a) | 46,391 |
197 | Global Payments, Inc. | 26,246 |
21 | Jack Henry & Associates, Inc. | 3,482 |
42 | Mastercard, Inc., Class A | 18,868 |
856 | MGIC Investment Corp. | 16,983 |
350 | PayPal Holdings, Inc.(a) | 21,473 |
399 | Visa, Inc., Class A | 109,031 |
201 | Voya Financial, Inc. | 14,546 |
45 | WEX, Inc.(a) | 9,198 |
284,486 | ||
Food Products — 0.8% | ||
113 | Campbell Soup Co. | 5,043 |
166 | Conagra Brands, Inc. | 4,839 |
113 | Darling Ingredients, Inc.(a) | 4,893 |
191 | General Mills, Inc. | 12,398 |
29 | Hershey Co. | 5,613 |
170 | Hormel Foods Corp. | 5,163 |
87 | Ingredion, Inc. | 9,358 |
36 | J M Smucker Co. | 4,736 |
128 | Kellanova | 7,009 |
388 | Kraft Heinz Co. | 14,406 |
Shares | Description | Value (†) |
Food Products — continued | ||
81 | McCormick & Co., Inc. | $5,521 |
222 | Mondelez International, Inc., Class A | 16,710 |
95,689 | ||
Gas Utilities — 0.2% | ||
71 | Atmos Energy Corp. | 8,090 |
240 | New Jersey Resources Corp. | 9,799 |
94 | ONE Gas, Inc. | 5,769 |
23,658 | ||
Ground Transportation — 0.5% | ||
283 | CSX Corp. | 10,103 |
21 | JB Hunt Transport Services, Inc. | 4,221 |
40 | Norfolk Southern Corp. | 9,410 |
63 | Ryder System, Inc. | 7,155 |
25 | Saia, Inc.(a) | 11,264 |
61 | Uber Technologies, Inc.(a) | 3,981 |
29 | Union Pacific Corp. | 7,074 |
105 | XPO, Inc.(a) | 8,971 |
62,179 | ||
Health Care Equipment & Supplies — 1.2% | ||
162 | Abbott Laboratories | 18,330 |
11 | Align Technology, Inc.(a) | 2,941 |
499 | Baxter International, Inc. | 19,306 |
39 | Becton Dickinson & Co. | 9,314 |
47 | Edwards Lifesciences Corp.(a) | 3,688 |
20 | GE HealthCare Technologies, Inc. | 1,467 |
88 | Globus Medical, Inc., Class A(a) | 4,646 |
70 | Haemonetics Corp.(a) | 5,352 |
80 | Intuitive Surgical, Inc.(a) | 30,258 |
105 | LeMaitre Vascular, Inc. | 6,094 |
151 | Medtronic PLC | 13,219 |
181 | Merit Medical Systems, Inc.(a) | 14,172 |
33 | Penumbra, Inc.(a) | 8,322 |
26 | Shockwave Medical, Inc.(a) | 5,882 |
19 | Stryker Corp. | 6,374 |
149,365 | ||
Health Care Providers & Services — 1.7% | ||
134 | Acadia Healthcare Co., Inc.(a) | 11,007 |
68 | Cardinal Health, Inc. | 7,425 |
535 | Centene Corp.(a) | 40,291 |
21 | Chemed Corp. | 12,449 |
41 | Cigna Group | 12,339 |
371 | CVS Health Corp. | 27,591 |
29 | Elevance Health, Inc. | 14,310 |
95 | HCA Healthcare, Inc. | 28,965 |
61 | Henry Schein, Inc.(a) | 4,565 |
8 | Humana, Inc. | 3,024 |
18 | Laboratory Corp. of America Holdings | 4,001 |
11 | McKesson Corp. | 5,499 |
234 | Select Medical Holdings Corp. | 6,082 |
62 | UnitedHealth Group, Inc. | 31,728 |
209,276 | ||
Health Care REITs — 0.1% | ||
612 | Physicians Realty Trust | 7,491 |
Health Care Technology — 0.4% | ||
891 | Doximity, Inc., Class A(a) | 24,013 |
159 | Veeva Systems, Inc., Class A(a) | 32,978 |
56,991 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
143 | Host Hotels & Resorts, Inc. | $2,749 |
Hotels, Restaurants & Leisure — 1.2% | ||
261 | Aramark | 7,590 |
2 | Booking Holdings, Inc.(a) | 7,015 |
3 | Chipotle Mexican Grill, Inc.(a) | 7,226 |
81 | Hilton Worldwide Holdings, Inc. | 15,468 |
96 | Marriott Vacations Worldwide Corp. | 8,053 |
63 | McDonald's Corp. | 18,441 |
420 | Starbucks Corp. | 39,073 |
217 | Travel & Leisure Co. | 8,771 |
36 | Wingstop, Inc. | 10,120 |
394 | Yum China Holdings, Inc. | 13,629 |
165 | Yum! Brands, Inc. | 21,366 |
156,752 | ||
Household Durables — 0.4% | ||
212 | KB Home | 12,633 |
83 | Meritage Homes Corp. | 13,746 |
75 | PulteGroup, Inc. | 7,842 |
273 | Taylor Morrison Home Corp.(a) | 14,234 |
48,455 | ||
Household Products — 0.5% | ||
129 | Church & Dwight Co., Inc. | 12,881 |
50 | Colgate-Palmolive Co. | 4,210 |
319 | Energizer Holdings, Inc. | 10,087 |
238 | Procter & Gamble Co. | 37,399 |
64,577 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
315 | AES Corp. | 5,254 |
Industrial Conglomerates — 0.4% | ||
33 | 3M Co. | 3,114 |
174 | General Electric Co. | 23,041 |
97 | Honeywell International, Inc. | 19,619 |
45,774 | ||
Industrial REITs — 0.2% | ||
63 | Prologis, Inc. | 7,981 |
296 | Rexford Industrial Realty, Inc. | 15,567 |
23,548 | ||
Insurance — 2.0% | ||
29 | Allstate Corp. | 4,502 |
653 | American International Group, Inc. | 45,390 |
86 | Arch Capital Group Ltd.(a) | 7,089 |
56 | Arthur J Gallagher & Co. | 13,001 |
29 | Assurant, Inc. | 4,871 |
234 | Assured Guaranty Ltd. | 18,984 |
43 | Chubb Ltd. | 10,535 |
153 | First American Financial Corp. | 9,233 |
92 | Hanover Insurance Group, Inc. | 12,145 |
95 | Hartford Financial Services Group, Inc. | 8,261 |
40 | Marsh & McLennan Cos., Inc. | 7,754 |
73 | Prudential Financial, Inc. | 7,660 |
182 | Reinsurance Group of America, Inc. | 31,648 |
131 | Selective Insurance Group, Inc. | 13,737 |
72 | Travelers Cos., Inc. | 15,218 |
175 | Willis Towers Watson PLC | 43,102 |
253,130 | ||
Interactive Media & Services — 3.1% | ||
621 | Alphabet, Inc., Class A(a) | 87,002 |
872 | Alphabet, Inc., Class C(a) | 123,650 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
435 | Meta Platforms, Inc., Class A(a) | $169,711 |
249 | Yelp, Inc.(a) | 10,889 |
249 | ZoomInfo Technologies, Inc.(a) | 3,994 |
395,246 | ||
IT Services — 0.7% | ||
51 | Accenture PLC, Class A | 18,558 |
132 | Cognizant Technology Solutions Corp., Class A | 10,180 |
140 | GoDaddy, Inc., Class A(a) | 14,932 |
105 | International Business Machines Corp. | 19,284 |
385 | Shopify, Inc., Class A(a) | 30,827 |
93,781 | ||
Leisure Products — 0.1% | ||
463 | Mattel, Inc.(a) | 8,283 |
103 | YETI Holdings, Inc.(a) | 4,529 |
12,812 | ||
Life Sciences Tools & Services — 1.0% | ||
30 | Agilent Technologies, Inc. | 3,903 |
108 | Danaher Corp. | 25,910 |
172 | Illumina, Inc.(a) | 24,598 |
195 | IQVIA Holdings, Inc.(a) | 40,605 |
49 | Repligen Corp.(a) | 9,281 |
33 | Thermo Fisher Scientific, Inc. | 17,786 |
122,083 | ||
Machinery — 1.1% | ||
67 | AGCO Corp. | 8,196 |
22 | Caterpillar, Inc. | 6,607 |
38 | Chart Industries, Inc.(a) | 4,435 |
8 | Cummins, Inc. | 1,914 |
44 | Deere & Co. | 17,318 |
55 | Dover Corp. | 8,238 |
83 | Fortive Corp. | 6,489 |
208 | Graco, Inc. | 17,742 |
18 | Illinois Tool Works, Inc. | 4,696 |
146 | ITT, Inc. | 17,634 |
88 | Oshkosh Corp. | 9,689 |
20 | Parker-Hannifin Corp. | 9,290 |
104 | SPX Technologies, Inc.(a) | 10,467 |
147 | Terex Corp. | 9,030 |
129 | Toro Co. | 11,930 |
143,675 | ||
Media — 0.9% | ||
88 | Charter Communications, Inc., Class A(a) | 32,623 |
1,009 | Comcast Corp., Class A | 46,959 |
295 | Interpublic Group of Cos., Inc. | 9,732 |
194 | Liberty Broadband Corp., Class C(a) | 15,219 |
126 | Omnicom Group, Inc. | 11,388 |
115,921 | ||
Metals & Mining — 0.4% | ||
300 | Alcoa Corp. | 8,925 |
501 | Cleveland-Cliffs, Inc.(a) | 10,045 |
146 | Commercial Metals Co. | 7,624 |
56 | Newmont Corp. | 1,933 |
46 | Reliance Steel & Aluminum Co. | 13,129 |
185 | U.S. Steel Corp. | 8,699 |
50,355 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.2% | ||
1,050 | Annaly Capital Management, Inc. | $20,150 |
401 | KKR Real Estate Finance Trust, Inc. | 4,908 |
25,058 | ||
Multi-Utilities — 0.1% | ||
102 | Consolidated Edison, Inc. | 9,272 |
40 | DTE Energy Co. | 4,217 |
26 | WEC Energy Group, Inc. | 2,099 |
15,588 | ||
Office REITs — 0.4% | ||
529 | COPT Defense Properties | 12,463 |
349 | Douglas Emmett, Inc. | 4,729 |
490 | Easterly Government Properties, Inc. | 6,017 |
449 | Highwoods Properties, Inc. | 10,314 |
323 | Kilroy Realty Corp. | 11,550 |
45,073 | ||
Oil, Gas & Consumable Fuels — 2.6% | ||
734 | Antero Midstream Corp. | 8,984 |
187 | Antero Resources Corp.(a) | 4,178 |
1,113 | APA Corp. | 34,870 |
169 | Chevron Corp. | 24,916 |
338 | CNX Resources Corp.(a) | 6,828 |
469 | ConocoPhillips | 52,467 |
132 | Devon Energy Corp. | 5,547 |
360 | EOG Resources, Inc. | 40,964 |
363 | Exxon Mobil Corp. | 37,320 |
33 | Hess Corp. | 4,638 |
147 | HF Sinclair Corp. | 8,304 |
490 | Kinder Morgan, Inc. | 8,291 |
88 | ONEOK, Inc. | 6,006 |
229 | Ovintiv, Inc. | 9,714 |
333 | Phillips 66 | 48,055 |
257 | Range Resources Corp. | 7,463 |
972 | Southwestern Energy Co.(a) | 6,269 |
36 | Valero Energy Corp. | 5,000 |
176 | Williams Cos., Inc. | 6,100 |
325,914 | ||
Passenger Airlines — 0.1% | ||
283 | Delta Air Lines, Inc. | 11,077 |
Personal Care Products — 0.0% | ||
15 | Estee Lauder Cos., Inc., Class A | 1,980 |
Pharmaceuticals — 1.6% | ||
267 | Bristol-Myers Squibb Co. | 13,048 |
26 | Eli Lilly & Co. | 16,786 |
64 | Jazz Pharmaceuticals PLC(a) | 7,854 |
253 | Johnson & Johnson | 40,202 |
221 | Merck & Co., Inc. | 26,692 |
148 | Novartis AG, ADR | 15,313 |
301 | Novo Nordisk AS, ADR | 34,537 |
138 | Perrigo Co. PLC | 4,427 |
557 | Pfizer, Inc. | 15,083 |
447 | Roche Holding AG, ADR | 15,708 |
65 | Zoetis, Inc. | 12,208 |
201,858 | ||
Professional Services — 0.4% | ||
19 | Automatic Data Processing, Inc. | 4,670 |
81 | Equifax, Inc. | 19,792 |
89 | Exponent, Inc. | 7,849 |
121 | Korn Ferry | 7,099 |
Shares | Description | Value (†) |
Professional Services — continued | ||
43 | Leidos Holdings, Inc. | $4,750 |
24 | Paychex, Inc. | 2,921 |
46 | Paylocity Holding Corp.(a) | 7,287 |
54,368 | ||
Real Estate Management & Development — 0.4% | ||
521 | CBRE Group, Inc., Class A(a) | 44,967 |
60 | Jones Lang LaSalle, Inc.(a) | 10,624 |
55,591 | ||
Residential REITs — 0.1% | ||
31 | AvalonBay Communities, Inc. | 5,549 |
45 | Camden Property Trust | 4,223 |
9,772 | ||
Retail REITs — 0.3% | ||
860 | Brixmor Property Group, Inc. | 19,299 |
297 | NNN REIT, Inc. | 11,981 |
28 | Simon Property Group, Inc. | 3,881 |
35,161 | ||
Semiconductors & Semiconductor Equipment — 3.1% | ||
65 | Advanced Micro Devices, Inc.(a) | 10,900 |
69 | Analog Devices, Inc. | 13,273 |
379 | ARM Holdings PLC, ADR(a) | 26,784 |
15 | Broadcom, Inc. | 17,700 |
436 | Intel Corp. | 18,783 |
129 | Lattice Semiconductor Corp.(a) | 7,851 |
65 | Micron Technology, Inc. | 5,574 |
319 | NVIDIA Corp. | 196,271 |
68 | Onto Innovation, Inc.(a) | 10,982 |
46 | Qorvo, Inc.(a) | 4,588 |
256 | QUALCOMM, Inc. | 38,018 |
46 | Silicon Laboratories, Inc.(a) | 5,675 |
84 | Synaptics, Inc.(a) | 8,972 |
79 | Texas Instruments, Inc. | 12,649 |
51 | Universal Display Corp. | 8,658 |
386,678 | ||
Software — 4.6% | ||
18 | Adobe, Inc.(a) | 11,120 |
37 | ANSYS, Inc.(a) | 12,130 |
243 | Autodesk, Inc.(a) | 61,676 |
24 | Cadence Design Systems, Inc.(a) | 6,923 |
184 | Dynatrace, Inc.(a) | 10,488 |
12 | Intuit, Inc. | 7,576 |
69 | Manhattan Associates, Inc.(a) | 16,737 |
393 | Microsoft Corp. | 156,249 |
867 | Oracle Corp. | 96,844 |
15 | Palo Alto Networks, Inc.(a) | 5,078 |
34 | PTC, Inc.(a) | 6,142 |
49 | Qualys, Inc.(a) | 9,269 |
32 | Roper Technologies, Inc. | 17,184 |
323 | Salesforce, Inc.(a) | 90,792 |
14 | ServiceNow, Inc.(a) | 10,716 |
42 | SPS Commerce, Inc.(a) | 7,720 |
15 | Synopsys, Inc.(a) | 8,000 |
14 | Tyler Technologies, Inc.(a) | 5,918 |
147 | Workday, Inc., Class A(a) | 42,787 |
583,349 | ||
Specialized REITs — 0.1% | ||
15 | American Tower Corp. | 2,935 |
30 | Crown Castle, Inc. | 3,247 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
18 | Digital Realty Trust, Inc. | $2,528 |
6 | Equinix, Inc. | 4,979 |
90 | Weyerhaeuser Co. | 2,949 |
16,638 | ||
Specialty Retail — 0.9% | ||
28 | Asbury Automotive Group, Inc.(a) | 5,854 |
64 | Burlington Stores, Inc.(a) | 12,234 |
43 | Dick's Sporting Goods, Inc. | 6,410 |
46 | Five Below, Inc.(a) | 8,255 |
117 | Floor & Decor Holdings, Inc., Class A(a) | 11,765 |
65 | Home Depot, Inc. | 22,942 |
27 | Lithia Motors, Inc. | 7,961 |
37 | Lowe's Cos., Inc. | 7,875 |
34 | Ross Stores, Inc. | 4,770 |
159 | TJX Cos., Inc. | 15,091 |
47 | Williams-Sonoma, Inc. | 9,089 |
112,246 | ||
Technology Hardware, Storage & Peripherals — 0.7% | ||
457 | Apple, Inc. | 84,271 |
173 | Hewlett Packard Enterprise Co. | 2,645 |
111 | HP, Inc. | 3,187 |
48 | NetApp, Inc. | 4,185 |
94,288 | ||
Textiles, Apparel & Luxury Goods — 0.5% | ||
52 | Crocs, Inc.(a) | 5,277 |
24 | Deckers Outdoor Corp.(a) | 18,089 |
118 | NIKE, Inc., Class B | 11,980 |
84 | PVH Corp. | 10,102 |
1,466 | Under Armour, Inc., Class A(a) | 11,171 |
834 | Under Armour, Inc., Class C(a) | 6,172 |
62,791 | ||
Trading Companies & Distributors — 0.2% | ||
61 | GATX Corp. | 7,482 |
38 | Watsco, Inc. | 14,857 |
22,339 | ||
Water Utilities — 0.1% | ||
94 | American States Water Co. | 7,012 |
24 | American Water Works Co., Inc. | 2,977 |
200 | Essential Utilities, Inc. | 7,172 |
17,161 | ||
Total Common Stocks (Identified Cost $6,625,395) | 7,460,256 |
Principal Amount | ||
Bonds and Notes — 4.0% | ||
Apartment REITs — 0.0% | ||
$2,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 1,785 |
Automotive — 0.1% | ||
6,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 5,909 |
2,000 | Lear Corp., 4.250%, 5/15/2029 | 1,931 |
3,000 | Toyota Motor Credit Corp., MTN, 2.150%, 2/13/2030 | 2,633 |
10,473 | ||
Banking — 0.6% | ||
5,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 4,780 |
3,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 2,998 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$5,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | $4,606 |
3,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 2,976 |
5,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | 4,914 |
6,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 5,989 |
9,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 7,740 |
3,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 2,754 |
2,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 1,949 |
6,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 5,689 |
10,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 9,937 |
4,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 3,947 |
1,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 991 |
3,000 | State Street Corp., 2.400%, 1/24/2030 | 2,678 |
3,000 | Toronto-Dominion Bank, GMTN, 2.450%, 1/12/2032 | 2,501 |
5,000 | Truist Bank, 3.200%, 4/01/2024 | 4,979 |
8,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 7,789 |
77,217 | ||
Brokerage — 0.1% | ||
4,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 3,532 |
9,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 6,243 |
9,775 | ||
Building Materials — 0.0% | ||
2,000 | Fortune Brands Innovations, Inc., 4.000%, 3/25/2032 | 1,849 |
4,000 | Owens Corning, 3.950%, 8/15/2029 | 3,819 |
5,668 | ||
Chemicals — 0.0% | ||
6,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 5,025 |
Consumer Products — 0.1% | ||
7,000 | Procter & Gamble Co., 3.000%, 3/25/2030 | 6,529 |
Diversified Manufacturing — 0.1% | ||
7,000 | Eaton Corp., 4.150%, 3/15/2033 | 6,752 |
2,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 1,789 |
8,541 | ||
Electric — 0.2% | ||
2,000 | DTE Electric Co., Series A, 1.900%, 4/01/2028 | 1,814 |
2,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 1,992 |
9,000 | Entergy Corp., 0.900%, 9/15/2025 | 8,427 |
4,000 | Exelon Corp., 4.050%, 4/15/2030 | 3,815 |
4,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 3,418 |
1,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 956 |
1,000 | Southern California Edison Co., Series C, 4.125%, 3/01/2048 | 823 |
9,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 8,734 |
29,979 | ||
Environmental — 0.1% | ||
4,000 | Republic Services, Inc., 1.450%, 2/15/2031 | 3,223 |
6,000 | Waste Management, Inc., 2.950%, 6/01/2041 | 4,585 |
7,808 | ||
Finance Companies — 0.1% | ||
4,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 3,853 |
3,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 2,703 |
6,556 |
Principal Amount | Description | Value (†) |
Food & Beverage — 0.1% | ||
$5,000 | Coca-Cola Co., 1.450%, 6/01/2027 | $4,571 |
4,000 | General Mills, Inc., 4.000%, 4/17/2025 | 3,951 |
2,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 1,805 |
4,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 3,636 |
13,963 | ||
Government Owned - No Guarantee — 0.1% | ||
3,000 | Equinor ASA, 3.625%, 4/06/2040 | 2,570 |
8,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 9,184 |
11,754 | ||
Health Care REITs — 0.0% | ||
3,000 | Welltower OP LLC, 2.800%, 6/01/2031 | 2,596 |
Health Insurance — 0.1% | ||
6,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 5,892 |
3,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 3,280 |
9,172 | ||
Healthcare — 0.1% | ||
3,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 2,958 |
2,000 | CVS Health Corp., 4.300%, 3/25/2028 | 1,965 |
4,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 3,903 |
3,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 2,876 |
2,000 | Quest Diagnostics, Inc., 2.950%, 6/30/2030 | 1,789 |
13,491 | ||
Integrated Energy — 0.1% | ||
4,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 3,923 |
4,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 4,600 |
8,523 | ||
Life Insurance — 0.0% | ||
2,000 | Athene Holding Ltd., 6.150%, 4/03/2030 | 2,067 |
2,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 1,853 |
3,920 | ||
Media Entertainment — 0.0% | ||
2,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 1,962 |
Metals & Mining — 0.0% | ||
2,000 | Nucor Corp., 3.125%, 4/01/2032 | 1,787 |
Mortgage Related — 1.0% | ||
7,260 | Federal Home Loan Mortgage Corp., 2.000%, 3/01/2052 | 5,855 |
11,602 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities from 2051 to 2052(c) | 9,771 |
15,323 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities in 2052(c) | 13,417 |
16,596 | Federal Home Loan Mortgage Corp., 3.500%, with various maturities in 2052(c) | 15,109 |
919 | Federal Home Loan Mortgage Corp., 4.000%, 7/01/2052 | 865 |
14,877 | Federal National Mortgage Association, 2.000%, with various maturities from 2051 to 2052(c) | 12,019 |
20,390 | Federal National Mortgage Association, 2.500%, with various maturities from 2051 to 2052(c) | 17,208 |
12,549 | Federal National Mortgage Association, 3.000%, with various maturities from 2034 to 2052(c) | 11,048 |
5,503 | Federal National Mortgage Association, 3.500%, with various maturities from 2049 to 2052(c) | 5,025 |
10,686 | Federal National Mortgage Association, 4.000%, with various maturities from 2050 to 2053(c) | 10,061 |
4,136 | Federal National Mortgage Association, 4.500%, with various maturities from 2049 to 2053 | 4,003 |
5,392 | Government National Mortgage Association, 3.000%, with various maturities in 2052(c) | 4,816 |
Principal Amount | Description | Value (†) |
Mortgage Related — continued | ||
$2,955 | Government National Mortgage Association, 4.000%, 8/20/2053 | $2,806 |
1,974 | Government National Mortgage Association, 5.000%, 7/20/2053 | 1,960 |
9,667 | Government National Mortgage Association, 5.500%, 4/20/2053 | 9,730 |
123,693 | ||
Office REITs — 0.1% | ||
8,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 7,814 |
4,000 | Boston Properties LP, 2.750%, 10/01/2026 | 3,729 |
11,543 | ||
Oil Field Services — 0.0% | ||
6,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 5,717 |
Other REITs — 0.0% | ||
3,000 | Prologis LP, 1.250%, 10/15/2030 | 2,424 |
Pharmaceuticals — 0.2% | ||
6,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 5,154 |
3,000 | Biogen, Inc., 2.250%, 5/01/2030 | 2,557 |
7,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 6,632 |
3,000 | Merck & Co., Inc., 1.450%, 6/24/2030 | 2,507 |
3,000 | Viatris, Inc., 3.850%, 6/22/2040 | 2,271 |
19,121 | ||
Property & Casualty Insurance — 0.0% | ||
2,000 | Marsh & McLennan Cos., Inc., 2.250%, 11/15/2030 | 1,717 |
Railroads — 0.0% | ||
6,000 | CSX Corp., 2.600%, 11/01/2026 | 5,713 |
Restaurants — 0.0% | ||
4,000 | Starbucks Corp., 2.250%, 3/12/2030 | 3,489 |
Retail REITs — 0.0% | ||
2,000 | Realty Income Corp., 2.700%, 2/15/2032 | 1,675 |
Retailers — 0.1% | ||
3,000 | Amazon.com, Inc., 3.875%, 8/22/2037 | 2,764 |
5,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 4,387 |
6,000 | Walmart, Inc., 4.100%, 4/15/2033 | 5,866 |
13,017 | ||
Technology — 0.2% | ||
6,000 | Apple, Inc., 2.500%, 2/09/2025 | 5,863 |
2,000 | Broadcom, Inc., 4.926%, 5/15/2037(b) | 1,929 |
3,000 | Intel Corp., 2.450%, 11/15/2029 | 2,685 |
3,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 2,610 |
3,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 2,756 |
4,000 | Oracle Corp., 2.950%, 5/15/2025 | 3,894 |
4,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 3,208 |
22,945 | ||
Treasuries — 0.4% | ||
6,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 3,123 |
11,000 | U.S. Treasury Bonds, 2.250%, 5/15/2041 | 8,260 |
5,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 3,673 |
12,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 9,424 |
3,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 2,437 |
7,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 5,578 |
9,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 7,150 |
10,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 10,072 |
2,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 1,864 |
51,581 |
Principal Amount | Description | Value (†) |
Utility Other — 0.1% | ||
$7,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | $5,830 |
Wireless — 0.0% | ||
3,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 3,243 |
Wirelines — 0.0% | ||
2,000 | AT&T, Inc., 3.650%, 6/01/2051 | 1,492 |
Total Bonds and Notes (Identified Cost $529,603) | 509,724 |
Shares | ||
Exchange-Traded Funds — 9.2% | ||
15,460 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $1,144,277) | 1,163,365 |
Mutual Funds — 14.7% | ||
54,983 | WCM Focused Emerging Markets Fund, Institutional Class | 699,384 |
49,814 | WCM Focused International Growth Fund, Institutional Class | 1,159,675 |
Total Mutual Funds (Identified Cost $1,971,331) | 1,859,059 | |
Affiliated Mutual Funds — 10.7% | ||
22,909 | Mirova Global Green Bond Fund, Class N | 194,498 |
97,908 | Mirova International Sustainable Equity Fund, Class N | 1,160,211 |
Total Affiliated Mutual Funds (Identified Cost $1,422,504) | 1,354,709 |
Principal Amount | ||
Short-Term Investments — 3.1% | ||
$386,861 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $386,899 on 2/01/2024 collateralized by $395,700 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $395,020 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $386,861) | 386,861 |
Total Investments — 100.6% (Identified Cost $12,079,971) | 12,733,974 | |
Other assets less liabilities — (0.6)% | (71,538 ) | |
Net Assets — 100.0% | $12,662,436 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $3,891 or less than 0.1% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation, Federal National Mortgage Association and Government National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 92.0 % |
Fixed Income | 5.5 |
Short-Term Investments | 3.1 |
Total Investments | 100.6 |
Other assets less liabilities | (0.6 ) |
Net Assets | 100.0 % |
Shares | Description | Value (†) |
Common Stocks — 60.0% of Net Assets | ||
Aerospace & Defense — 1.2% | ||
47 | AAR Corp.(a) | $2,858 |
120 | Boeing Co.(a) | 25,325 |
8 | L3Harris Technologies, Inc. | 1,667 |
9 | Lockheed Martin Corp. | 3,865 |
17 | Moog, Inc., Class A | 2,377 |
3 | Northrop Grumman Corp. | 1,340 |
26 | RTX Corp. | 2,369 |
39,801 | ||
Air Freight & Logistics — 0.4% | ||
68 | Expeditors International of Washington, Inc. | 8,590 |
6 | FedEx Corp. | 1,448 |
36 | GXO Logistics, Inc.(a) | 1,958 |
17 | United Parcel Service, Inc., Class B | 2,412 |
14,408 | ||
Automobile Components — 0.7% | ||
8 | Aptiv PLC(a) | 651 |
191 | BorgWarner, Inc. | 6,475 |
118 | Dana, Inc. | 1,600 |
120 | Magna International, Inc. | 6,822 |
151 | Mobileye Global, Inc., Class A(a) | 3,905 |
31 | Phinia, Inc. | 937 |
17 | Visteon Corp.(a) | 1,960 |
22,350 | ||
Automobiles — 1.2% | ||
376 | General Motors Co. | 14,589 |
115 | Tesla, Inc.(a) | 21,538 |
16 | Thor Industries, Inc. | 1,808 |
37,935 | ||
Banks — 3.1% | ||
73 | Ameris Bancorp | 3,624 |
288 | Banc of California, Inc. | 3,969 |
410 | Bank of America Corp. | 13,944 |
208 | Citigroup, Inc. | 11,683 |
31 | Citizens Financial Group, Inc. | 1,014 |
52 | East West Bancorp, Inc. | 3,786 |
5 | First Citizens BancShares, Inc., Class A | 7,550 |
134 | First Financial Bancorp | 3,004 |
364 | FNB Corp. | 4,797 |
219 | Fulton Financial Corp. | 3,414 |
75 | International Bancshares Corp. | 3,964 |
66 | JPMorgan Chase & Co. | 11,508 |
19 | PNC Financial Services Group, Inc. | 2,873 |
34 | Regions Financial Corp. | 635 |
227 | Truist Financial Corp. | 8,413 |
71 | Webster Financial Corp. | 3,513 |
260 | Wells Fargo & Co. | 13,047 |
100,738 | ||
Beverages — 1.0% | ||
14 | Boston Beer Co., Inc., Class A(a) | 4,890 |
43 | Coca-Cola Co. | 2,558 |
38 | Keurig Dr Pepper, Inc. | 1,195 |
330 | Monster Beverage Corp.(a) | 18,157 |
29 | PepsiCo, Inc. | 4,887 |
31,687 | ||
Biotechnology — 1.5% | ||
29 | AbbVie, Inc. | 4,768 |
58 | Alnylam Pharmaceuticals, Inc.(a) | 10,029 |
Shares | Description | Value (†) |
Biotechnology — continued | ||
8 | Amgen, Inc. | $2,514 |
4 | Biogen, Inc.(a) | 987 |
66 | CRISPR Therapeutics AG(a) | 4,155 |
33 | Cytokinetics, Inc.(a) | 2,578 |
42 | Gilead Sciences, Inc. | 3,287 |
41 | Halozyme Therapeutics, Inc.(a) | 1,388 |
15 | Incyte Corp.(a) | 881 |
20 | Neurocrine Biosciences, Inc.(a) | 2,795 |
14 | Regeneron Pharmaceuticals, Inc.(a) | 13,199 |
7 | United Therapeutics Corp.(a) | 1,503 |
2 | Vertex Pharmaceuticals, Inc.(a) | 867 |
48,951 | ||
Broadline Retail — 1.9% | ||
55 | Alibaba Group Holding Ltd., ADR | 3,969 |
328 | Amazon.com, Inc.(a) | 50,906 |
152 | eBay, Inc. | 6,243 |
61,118 | ||
Building Products — 0.9% | ||
10 | Carlisle Cos., Inc. | 3,143 |
21 | Carrier Global Corp. | 1,149 |
92 | Fortune Brands Innovations, Inc. | 7,138 |
8 | Lennox International, Inc. | 3,425 |
127 | Masco Corp. | 8,546 |
28 | Owens Corning | 4,243 |
21 | Trex Co., Inc.(a) | 1,711 |
29,355 | ||
Capital Markets — 3.7% | ||
204 | Bank of New York Mellon Corp. | 11,314 |
10 | BlackRock, Inc. | 7,743 |
14 | Cboe Global Markets, Inc. | 2,574 |
184 | Charles Schwab Corp. | 11,577 |
18 | CME Group, Inc. | 3,705 |
16 | FactSet Research Systems, Inc. | 7,615 |
24 | Goldman Sachs Group, Inc. | 9,216 |
128 | Intercontinental Exchange, Inc. | 16,298 |
58 | Janus Henderson Group PLC | 1,668 |
144 | KKR & Co., Inc. | 12,468 |
11 | Moody's Corp. | 4,312 |
19 | Morgan Stanley | 1,658 |
13 | MSCI, Inc. | 7,782 |
7 | Northern Trust Corp. | 557 |
10 | S&P Global, Inc. | 4,484 |
100 | SEI Investments Co. | 6,324 |
127 | State Street Corp. | 9,382 |
7 | T. Rowe Price Group, Inc. | 759 |
12 | Virtus Investment Partners, Inc. | 2,833 |
122,269 | ||
Chemicals — 0.9% | ||
3 | Air Products & Chemicals, Inc. | 767 |
37 | Celanese Corp. | 5,413 |
167 | Corteva, Inc. | 7,595 |
11 | DuPont de Nemours, Inc. | 680 |
13 | Ecolab, Inc. | 2,577 |
33 | HB Fuller Co. | 2,500 |
22 | Innospec, Inc. | 2,554 |
12 | Linde PLC | 4,858 |
25 | Minerals Technologies, Inc. | 1,634 |
Shares | Description | Value (†) |
Chemicals — continued | ||
4 | Sherwin-Williams Co. | $1,218 |
15 | Stepan Co. | 1,339 |
31,135 | ||
Commercial Services & Supplies — 0.1% | ||
16 | MSA Safety, Inc. | 2,640 |
6 | Waste Management, Inc. | 1,114 |
3,754 | ||
Communications Equipment — 0.3% | ||
38 | Ciena Corp.(a) | 2,014 |
90 | Cisco Systems, Inc. | 4,516 |
12 | F5, Inc.(a) | 2,205 |
4 | Motorola Solutions, Inc. | 1,278 |
10,013 | ||
Construction & Engineering — 0.2% | ||
59 | AECOM | 5,203 |
Construction Materials — 0.2% | ||
4 | Martin Marietta Materials, Inc. | 2,034 |
14 | Vulcan Materials Co. | 3,164 |
5,198 | ||
Consumer Finance — 1.4% | ||
410 | Ally Financial, Inc. | 15,039 |
77 | American Express Co. | 15,457 |
115 | Capital One Financial Corp. | 15,562 |
22 | Synchrony Financial | 855 |
46,913 | ||
Consumer Staples Distribution & Retail — 1.1% | ||
30 | BJ's Wholesale Club Holdings, Inc.(a) | 1,930 |
7 | Casey's General Stores, Inc. | 1,900 |
9 | Costco Wholesale Corp. | 6,254 |
373 | Kroger Co. | 17,210 |
50 | Sprouts Farmers Market, Inc.(a) | 2,518 |
7 | Target Corp. | 974 |
36 | Walmart, Inc. | 5,949 |
36,735 | ||
Containers & Packaging — 0.2% | ||
8 | Ball Corp. | 443 |
32 | Crown Holdings, Inc. | 2,832 |
53 | Sonoco Products Co. | 3,016 |
6,291 | ||
Distributors — 0.0% | ||
8 | Genuine Parts Co. | 1,122 |
Diversified Consumer Services — 0.2% | ||
20 | Grand Canyon Education, Inc.(a) | 2,612 |
37 | Service Corp. International | 2,483 |
5,095 | ||
Diversified REITs — 0.1% | ||
119 | American Assets Trust, Inc. | 2,669 |
Diversified Telecommunication Services — 0.3% | ||
231 | AT&T, Inc. | 4,086 |
36 | Iridium Communications, Inc. | 1,305 |
133 | Verizon Communications, Inc. | 5,633 |
11,024 | ||
Electric Utilities — 0.4% | ||
38 | American Electric Power Co., Inc. | 2,969 |
48 | Evergy, Inc. | 2,437 |
43 | Eversource Energy | 2,332 |
Shares | Description | Value (†) |
Electric Utilities — continued | ||
25 | Exelon Corp. | $870 |
31 | FirstEnergy Corp. | 1,137 |
21 | IDACORP, Inc. | 1,944 |
11,689 | ||
Electrical Equipment — 0.4% | ||
18 | Eaton Corp. PLC | 4,430 |
28 | Emerson Electric Co. | 2,568 |
48 | nVent Electric PLC | 2,882 |
19 | Regal Rexnord Corp. | 2,536 |
12,416 | ||
Electronic Equipment, Instruments & Components — 0.7% | ||
28 | Advanced Energy Industries, Inc. | 2,917 |
24 | Amphenol Corp., Class A | 2,426 |
58 | Avnet, Inc. | 2,628 |
41 | Cognex Corp. | 1,482 |
15 | Corning, Inc. | 487 |
126 | Knowles Corp.(a) | 2,055 |
8 | Littelfuse, Inc. | 1,935 |
44 | TE Connectivity Ltd. | 6,256 |
3 | Teledyne Technologies, Inc.(a) | 1,256 |
3 | Zebra Technologies Corp., Class A(a) | 719 |
22,161 | ||
Energy Equipment & Services — 0.2% | ||
65 | ChampionX Corp. | 1,782 |
141 | NOV, Inc. | 2,751 |
36 | Schlumberger NV | 1,753 |
6,286 | ||
Entertainment — 1.8% | ||
13 | Electronic Arts, Inc. | 1,788 |
46 | Netflix, Inc.(a) | 25,949 |
7 | Take-Two Interactive Software, Inc.(a) | 1,154 |
233 | Walt Disney Co. | 22,380 |
684 | Warner Bros Discovery, Inc.(a) | 6,854 |
58,125 | ||
Financial Services — 2.3% | ||
77 | Block, Inc.(a) | 5,006 |
87 | Fiserv, Inc.(a) | 12,343 |
52 | Global Payments, Inc. | 6,928 |
5 | Jack Henry & Associates, Inc. | 829 |
10 | Mastercard, Inc., Class A | 4,492 |
220 | MGIC Investment Corp. | 4,365 |
94 | PayPal Holdings, Inc.(a) | 5,767 |
107 | Visa, Inc., Class A | 29,239 |
52 | Voya Financial, Inc. | 3,763 |
12 | WEX, Inc.(a) | 2,452 |
75,184 | ||
Food Products — 0.7% | ||
27 | Campbell Soup Co. | 1,205 |
43 | Conagra Brands, Inc. | 1,254 |
27 | Darling Ingredients, Inc.(a) | 1,169 |
50 | General Mills, Inc. | 3,246 |
7 | Hershey Co. | 1,355 |
44 | Hormel Foods Corp. | 1,336 |
21 | Ingredion, Inc. | 2,259 |
8 | J M Smucker Co. | 1,052 |
31 | Kellanova | 1,698 |
100 | Kraft Heinz Co. | 3,713 |
Shares | Description | Value (†) |
Food Products — continued | ||
20 | McCormick & Co., Inc. | $1,363 |
53 | Mondelez International, Inc., Class A | 3,989 |
23,639 | ||
Gas Utilities — 0.2% | ||
18 | Atmos Energy Corp. | 2,051 |
62 | New Jersey Resources Corp. | 2,531 |
24 | ONE Gas, Inc. | 1,473 |
6,055 | ||
Ground Transportation — 0.5% | ||
61 | CSX Corp. | 2,178 |
5 | JB Hunt Transport Services, Inc. | 1,005 |
11 | Norfolk Southern Corp. | 2,588 |
14 | Ryder System, Inc. | 1,590 |
7 | Saia, Inc.(a) | 3,154 |
16 | Uber Technologies, Inc.(a) | 1,044 |
7 | Union Pacific Corp. | 1,707 |
25 | XPO, Inc.(a) | 2,136 |
15,402 | ||
Health Care Equipment & Supplies — 1.2% | ||
40 | Abbott Laboratories | 4,526 |
3 | Align Technology, Inc.(a) | 802 |
133 | Baxter International, Inc. | 5,146 |
12 | Becton Dickinson & Co. | 2,866 |
13 | Edwards Lifesciences Corp.(a) | 1,020 |
6 | GE HealthCare Technologies, Inc. | 440 |
21 | Globus Medical, Inc., Class A(a) | 1,109 |
16 | Haemonetics Corp.(a) | 1,223 |
23 | Intuitive Surgical, Inc.(a) | 8,699 |
28 | LeMaitre Vascular, Inc. | 1,625 |
37 | Medtronic PLC | 3,239 |
46 | Merit Medical Systems, Inc.(a) | 3,602 |
9 | Penumbra, Inc.(a) | 2,270 |
8 | Shockwave Medical, Inc.(a) | 1,810 |
5 | Stryker Corp. | 1,677 |
40,054 | ||
Health Care Providers & Services — 1.7% | ||
34 | Acadia Healthcare Co., Inc.(a) | 2,793 |
17 | Cardinal Health, Inc. | 1,856 |
142 | Centene Corp.(a) | 10,694 |
6 | Chemed Corp. | 3,557 |
12 | Cigna Group | 3,611 |
97 | CVS Health Corp. | 7,214 |
7 | Elevance Health, Inc. | 3,454 |
25 | HCA Healthcare, Inc. | 7,622 |
16 | Henry Schein, Inc.(a) | 1,197 |
2 | Humana, Inc. | 756 |
5 | Laboratory Corp. of America Holdings | 1,112 |
3 | McKesson Corp. | 1,500 |
57 | Select Medical Holdings Corp. | 1,481 |
17 | UnitedHealth Group, Inc. | 8,700 |
55,547 | ||
Health Care REITs — 0.0% | ||
133 | Physicians Realty Trust | 1,628 |
Health Care Technology — 0.5% | ||
245 | Doximity, Inc., Class A(a) | 6,603 |
44 | Veeva Systems, Inc., Class A(a) | 9,126 |
15,729 |
Shares | Description | Value (†) |
Hotel & Resort REITs — 0.0% | ||
41 | Host Hotels & Resorts, Inc. | $788 |
Hotels, Restaurants & Leisure — 1.3% | ||
73 | Aramark | 2,123 |
1 | Booking Holdings, Inc.(a) | 3,507 |
1 | Chipotle Mexican Grill, Inc.(a) | 2,409 |
21 | Hilton Worldwide Holdings, Inc. | 4,010 |
22 | Marriott Vacations Worldwide Corp. | 1,846 |
16 | McDonald's Corp. | 4,683 |
114 | Starbucks Corp. | 10,605 |
52 | Travel & Leisure Co. | 2,102 |
10 | Wingstop, Inc. | 2,811 |
108 | Yum China Holdings, Inc. | 3,736 |
44 | Yum! Brands, Inc. | 5,698 |
43,530 | ||
Household Durables — 0.4% | ||
54 | KB Home | 3,218 |
21 | Meritage Homes Corp. | 3,478 |
19 | PulteGroup, Inc. | 1,986 |
70 | Taylor Morrison Home Corp.(a) | 3,650 |
12,332 | ||
Household Products — 0.5% | ||
34 | Church & Dwight Co., Inc. | 3,395 |
15 | Colgate-Palmolive Co. | 1,263 |
82 | Energizer Holdings, Inc. | 2,593 |
60 | Procter & Gamble Co. | 9,428 |
16,679 | ||
Independent Power & Renewable Electricity Producers — 0.0% | ||
82 | AES Corp. | 1,368 |
Industrial Conglomerates — 0.3% | ||
9 | 3M Co. | 849 |
43 | General Electric Co. | 5,694 |
23 | Honeywell International, Inc. | 4,652 |
11,195 | ||
Industrial REITs — 0.2% | ||
15 | Prologis, Inc. | 1,900 |
72 | Rexford Industrial Realty, Inc. | 3,787 |
5,687 | ||
Insurance — 2.0% | ||
6 | Allstate Corp. | 931 |
174 | American International Group, Inc. | 12,095 |
23 | Arch Capital Group Ltd.(a) | 1,896 |
14 | Arthur J Gallagher & Co. | 3,250 |
7 | Assurant, Inc. | 1,176 |
60 | Assured Guaranty Ltd. | 4,868 |
10 | Chubb Ltd. | 2,450 |
37 | First American Financial Corp. | 2,233 |
23 | Hanover Insurance Group, Inc. | 3,036 |
24 | Hartford Financial Services Group, Inc. | 2,087 |
9 | Marsh & McLennan Cos., Inc. | 1,745 |
17 | Prudential Financial, Inc. | 1,784 |
48 | Reinsurance Group of America, Inc. | 8,347 |
33 | Selective Insurance Group, Inc. | 3,460 |
18 | Travelers Cos., Inc. | 3,804 |
46 | Willis Towers Watson PLC | 11,330 |
64,492 | ||
Interactive Media & Services — 3.3% | ||
240 | Alphabet, Inc., Class A(a) | 33,624 |
172 | Alphabet, Inc., Class C(a) | 24,389 |
Shares | Description | Value (†) |
Interactive Media & Services — continued | ||
119 | Meta Platforms, Inc., Class A(a) | $46,427 |
62 | Yelp, Inc.(a) | 2,711 |
71 | ZoomInfo Technologies, Inc.(a) | 1,139 |
108,290 | ||
IT Services — 0.7% | ||
12 | Accenture PLC, Class A | 4,367 |
36 | Cognizant Technology Solutions Corp., Class A | 2,776 |
36 | GoDaddy, Inc., Class A(a) | 3,840 |
27 | International Business Machines Corp. | 4,959 |
106 | Shopify, Inc., Class A(a) | 8,487 |
24,429 | ||
Leisure Products — 0.1% | ||
116 | Mattel, Inc.(a) | 2,075 |
30 | YETI Holdings, Inc.(a) | 1,319 |
3,394 | ||
Life Sciences Tools & Services — 1.0% | ||
8 | Agilent Technologies, Inc. | 1,041 |
28 | Danaher Corp. | 6,717 |
48 | Illumina, Inc.(a) | 6,865 |
52 | IQVIA Holdings, Inc.(a) | 10,828 |
13 | Repligen Corp.(a) | 2,462 |
9 | Thermo Fisher Scientific, Inc. | 4,851 |
32,764 | ||
Machinery — 1.1% | ||
15 | AGCO Corp. | 1,835 |
5 | Caterpillar, Inc. | 1,501 |
10 | Chart Industries, Inc.(a) | 1,167 |
2 | Cummins, Inc. | 479 |
8 | Deere & Co. | 3,149 |
14 | Dover Corp. | 2,097 |
21 | Fortive Corp. | 1,642 |
57 | Graco, Inc. | 4,862 |
4 | Illinois Tool Works, Inc. | 1,044 |
37 | ITT, Inc. | 4,469 |
23 | Oshkosh Corp. | 2,532 |
6 | Parker-Hannifin Corp. | 2,787 |
25 | SPX Technologies, Inc.(a) | 2,516 |
36 | Terex Corp. | 2,211 |
33 | Toro Co. | 3,052 |
35,343 | ||
Media — 0.9% | ||
23 | Charter Communications, Inc., Class A(a) | 8,526 |
269 | Comcast Corp., Class A | 12,519 |
90 | Interpublic Group of Cos., Inc. | 2,969 |
51 | Liberty Broadband Corp., Class C(a) | 4,001 |
31 | Omnicom Group, Inc. | 2,802 |
30,817 | ||
Metals & Mining — 0.4% | ||
96 | Alcoa Corp. | 2,856 |
117 | Cleveland-Cliffs, Inc.(a) | 2,346 |
33 | Commercial Metals Co. | 1,723 |
9 | Newmont Corp. | 310 |
11 | Reliance Steel & Aluminum Co. | 3,140 |
48 | U.S. Steel Corp. | 2,257 |
12,632 |
Shares | Description | Value (†) |
Mortgage Real Estate Investment Trusts (REITs) — 0.2% | ||
267 | Annaly Capital Management, Inc. | $5,124 |
90 | KKR Real Estate Finance Trust, Inc. | 1,101 |
6,225 | ||
Multi-Utilities — 0.1% | ||
24 | Consolidated Edison, Inc. | 2,182 |
10 | DTE Energy Co. | 1,054 |
6 | WEC Energy Group, Inc. | 484 |
3,720 | ||
Office REITs — 0.4% | ||
135 | COPT Defense Properties | 3,181 |
85 | Douglas Emmett, Inc. | 1,152 |
113 | Easterly Government Properties, Inc. | 1,388 |
114 | Highwoods Properties, Inc. | 2,618 |
96 | Kilroy Realty Corp. | 3,433 |
11,772 | ||
Oil, Gas & Consumable Fuels — 2.6% | ||
169 | Antero Midstream Corp. | 2,069 |
44 | Antero Resources Corp.(a) | 983 |
298 | APA Corp. | 9,336 |
42 | Chevron Corp. | 6,192 |
81 | CNX Resources Corp.(a) | 1,636 |
126 | ConocoPhillips | 14,096 |
34 | Devon Energy Corp. | 1,429 |
96 | EOG Resources, Inc. | 10,924 |
92 | Exxon Mobil Corp. | 9,458 |
9 | Hess Corp. | 1,265 |
36 | HF Sinclair Corp. | 2,034 |
128 | Kinder Morgan, Inc. | 2,166 |
22 | ONEOK, Inc. | 1,501 |
55 | Ovintiv, Inc. | 2,333 |
88 | Phillips 66 | 12,699 |
58 | Range Resources Corp. | 1,684 |
237 | Southwestern Energy Co.(a) | 1,529 |
8 | Valero Energy Corp. | 1,111 |
44 | Williams Cos., Inc. | 1,525 |
83,970 | ||
Passenger Airlines — 0.1% | ||
73 | Delta Air Lines, Inc. | 2,857 |
Personal Care Products — 0.0% | ||
4 | Estee Lauder Cos., Inc., Class A | 528 |
Pharmaceuticals — 1.6% | ||
68 | Bristol-Myers Squibb Co. | 3,323 |
6 | Eli Lilly & Co. | 3,874 |
17 | Jazz Pharmaceuticals PLC(a) | 2,086 |
62 | Johnson & Johnson | 9,852 |
55 | Merck & Co., Inc. | 6,643 |
41 | Novartis AG, ADR | 4,242 |
83 | Novo Nordisk AS, ADR | 9,524 |
29 | Perrigo Co. PLC | 930 |
149 | Pfizer, Inc. | 4,035 |
123 | Roche Holding AG, ADR | 4,322 |
15 | Zoetis, Inc. | 2,817 |
51,648 | ||
Professional Services — 0.4% | ||
5 | Automatic Data Processing, Inc. | 1,229 |
21 | Equifax, Inc. | 5,131 |
20 | Exponent, Inc. | 1,764 |
27 | Korn Ferry | 1,584 |
Shares | Description | Value (†) |
Professional Services — continued | ||
11 | Leidos Holdings, Inc. | $1,215 |
6 | Paychex, Inc. | 731 |
13 | Paylocity Holding Corp.(a) | 2,059 |
13,713 | ||
Real Estate Management & Development — 0.4% | ||
137 | CBRE Group, Inc., Class A(a) | 11,824 |
16 | Jones Lang LaSalle, Inc.(a) | 2,833 |
14,657 | ||
Residential REITs — 0.1% | ||
8 | AvalonBay Communities, Inc. | 1,432 |
12 | Camden Property Trust | 1,126 |
2,558 | ||
Retail REITs — 0.3% | ||
218 | Brixmor Property Group, Inc. | 4,892 |
75 | NNN REIT, Inc. | 3,026 |
7 | Simon Property Group, Inc. | 970 |
8,888 | ||
Semiconductors & Semiconductor Equipment — 3.1% | ||
16 | Advanced Micro Devices, Inc.(a) | 2,683 |
19 | Analog Devices, Inc. | 3,655 |
105 | ARM Holdings PLC, ADR(a) | 7,420 |
4 | Broadcom, Inc. | 4,720 |
106 | Intel Corp. | 4,567 |
33 | Lattice Semiconductor Corp.(a) | 2,008 |
16 | Micron Technology, Inc. | 1,372 |
85 | NVIDIA Corp. | 52,298 |
17 | Onto Innovation, Inc.(a) | 2,746 |
11 | Qorvo, Inc.(a) | 1,097 |
69 | QUALCOMM, Inc. | 10,247 |
14 | Silicon Laboratories, Inc.(a) | 1,727 |
22 | Synaptics, Inc.(a) | 2,350 |
19 | Texas Instruments, Inc. | 3,042 |
13 | Universal Display Corp. | 2,207 |
102,139 | ||
Software — 4.8% | ||
5 | Adobe, Inc.(a) | 3,089 |
8 | ANSYS, Inc.(a) | 2,623 |
67 | Autodesk, Inc.(a) | 17,005 |
6 | Cadence Design Systems, Inc.(a) | 1,731 |
42 | Dynatrace, Inc.(a) | 2,394 |
4 | Intuit, Inc. | 2,525 |
17 | Manhattan Associates, Inc.(a) | 4,123 |
105 | Microsoft Corp. | 41,746 |
237 | Oracle Corp. | 26,473 |
4 | Palo Alto Networks, Inc.(a) | 1,354 |
9 | PTC, Inc.(a) | 1,626 |
12 | Qualys, Inc.(a) | 2,270 |
9 | Roper Technologies, Inc. | 4,833 |
87 | Salesforce, Inc.(a) | 24,455 |
4 | ServiceNow, Inc.(a) | 3,062 |
10 | SPS Commerce, Inc.(a) | 1,838 |
4 | Synopsys, Inc.(a) | 2,133 |
4 | Tyler Technologies, Inc.(a) | 1,691 |
41 | Workday, Inc., Class A(a) | 11,934 |
156,905 | ||
Specialized REITs — 0.1% | ||
4 | American Tower Corp. | 783 |
8 | Crown Castle, Inc. | 866 |
Shares | Description | Value (†) |
Specialized REITs — continued | ||
5 | Digital Realty Trust, Inc. | $702 |
2 | Equinix, Inc. | 1,660 |
25 | Weyerhaeuser Co. | 819 |
4,830 | ||
Specialty Retail — 0.9% | ||
7 | Asbury Automotive Group, Inc.(a) | 1,463 |
17 | Burlington Stores, Inc.(a) | 3,250 |
11 | Dick's Sporting Goods, Inc. | 1,640 |
12 | Five Below, Inc.(a) | 2,153 |
30 | Floor & Decor Holdings, Inc., Class A(a) | 3,017 |
17 | Home Depot, Inc. | 6,000 |
7 | Lithia Motors, Inc. | 2,064 |
10 | Lowe's Cos., Inc. | 2,128 |
10 | Ross Stores, Inc. | 1,403 |
41 | TJX Cos., Inc. | 3,891 |
12 | Williams-Sonoma, Inc. | 2,321 |
29,330 | ||
Technology Hardware, Storage & Peripherals — 0.7% | ||
119 | Apple, Inc. | 21,944 |
50 | Hewlett Packard Enterprise Co. | 765 |
30 | HP, Inc. | 861 |
12 | NetApp, Inc. | 1,046 |
24,616 | ||
Textiles, Apparel & Luxury Goods — 0.5% | ||
13 | Crocs, Inc.(a) | 1,319 |
7 | Deckers Outdoor Corp.(a) | 5,276 |
30 | NIKE, Inc., Class B | 3,046 |
22 | PVH Corp. | 2,646 |
422 | Under Armour, Inc., Class A(a) | 3,216 |
185 | Under Armour, Inc., Class C(a) | 1,369 |
16,872 | ||
Trading Companies & Distributors — 0.2% | ||
15 | GATX Corp. | 1,840 |
10 | Watsco, Inc. | 3,910 |
5,750 | ||
Water Utilities — 0.1% | ||
24 | American States Water Co. | 1,790 |
5 | American Water Works Co., Inc. | 620 |
46 | Essential Utilities, Inc. | 1,650 |
4,060 | ||
Total Common Stocks (Identified Cost $1,801,964) | 1,966,457 |
Principal Amount | ||
Bonds and Notes — 3.8% | ||
Apartment REITs — 0.0% | ||
$1,000 | Essex Portfolio LP, 3.000%, 1/15/2030 | 892 |
Automotive — 0.0% | ||
1,000 | General Motors Financial Co., Inc., 4.350%, 1/17/2027 | 985 |
Banking — 0.6% | ||
1,000 | Bank of America Corp., MTN, 3.248%, 10/21/2027 | 956 |
1,000 | Bank of New York Mellon Corp., Series 12, 3.650%, 2/04/2024 | 1,000 |
1,000 | Bank of Nova Scotia, 3.400%, 2/11/2024 | 999 |
1,000 | Canadian Imperial Bank of Commerce, 1.250%, 6/22/2026 | 921 |
1,000 | Citigroup, Inc., 4.600%, 3/09/2026 | 992 |
Principal Amount | Description | Value (†) |
Banking — continued | ||
$1,000 | Goldman Sachs Group, Inc., 3.750%, 5/22/2025 | $983 |
1,000 | JPMorgan Chase & Co., (fixed rate to 3/01/2024, variable rate thereafter), 3.220%, 3/01/2025 | 998 |
2,000 | KeyCorp, MTN, 2.550%, 10/01/2029 | 1,720 |
1,000 | Macquarie Group Ltd., (fixed rate to 11/28/2027, variable rate thereafter), 3.763%, 11/28/2028(b) | 938 |
1,000 | Morgan Stanley, GMTN, (fixed rate to 7/20/2026, variable rate thereafter), 1.512%, 7/20/2027 | 918 |
1,000 | Morgan Stanley, GMTN, (fixed rate to 1/23/2029, variable rate thereafter), 4.431%, 1/23/2030 | 975 |
1,000 | PNC Financial Services Group, Inc., 2.600%, 7/23/2026 | 948 |
1,000 | PNC Financial Services Group, Inc., (fixed rate to 1/26/2026, variable rate thereafter), 4.758%, 1/26/2027 | 994 |
1,000 | Royal Bank of Canada, GMTN, 2.550%, 7/16/2024 | 987 |
1,000 | Santander Holdings USA, Inc., 3.500%, 6/07/2024 | 991 |
1,000 | State Street Corp., 2.400%, 1/24/2030 | 892 |
1,000 | Truist Bank, 3.200%, 4/01/2024 | 996 |
1,000 | Westpac Banking Corp., 2.350%, 2/19/2025 | 973 |
18,181 | ||
Brokerage — 0.0% | ||
1,000 | BlackRock, Inc., 2.400%, 4/30/2030 | 883 |
1,000 | Intercontinental Exchange, Inc., 3.000%, 6/15/2050 | 694 |
1,577 | ||
Building Materials — 0.0% | ||
1,000 | Owens Corning, 3.950%, 8/15/2029 | 955 |
Chemicals — 0.0% | ||
2,000 | Ecolab, Inc., 2.125%, 2/01/2032 | 1,675 |
Diversified Manufacturing — 0.1% | ||
2,000 | Eaton Corp., 4.150%, 3/15/2033 | 1,929 |
1,000 | Emerson Electric Co., 2.000%, 12/21/2028 | 895 |
2,824 | ||
Electric — 0.2% | ||
1,000 | Duke Energy Corp., 3.750%, 4/15/2024 | 996 |
1,000 | Entergy Corp., 0.900%, 9/15/2025 | 936 |
1,000 | Exelon Corp., 4.050%, 4/15/2030 | 954 |
1,000 | NextEra Energy Capital Holdings, Inc., 2.250%, 6/01/2030 | 855 |
1,000 | Pacific Gas & Electric Co., 4.550%, 7/01/2030 | 956 |
1,000 | Virginia Electric & Power Co., Series A, 3.150%, 1/15/2026 | 970 |
5,667 | ||
Environmental — 0.0% | ||
1,000 | Republic Services, Inc., 1.450%, 2/15/2031 | 806 |
Finance Companies — 0.1% | ||
1,000 | Ares Capital Corp., 3.250%, 7/15/2025 | 963 |
1,000 | Oaktree Specialty Lending Corp., 2.700%, 1/15/2027 | 901 |
1,864 | ||
Food & Beverage — 0.1% | ||
1,000 | Coca-Cola Co., 1.450%, 6/01/2027 | 914 |
1,000 | General Mills, Inc., 4.000%, 4/17/2025 | 988 |
1,000 | Mondelez International, Inc., 2.750%, 4/13/2030 | 902 |
1,000 | PepsiCo, Inc., 2.750%, 3/19/2030 | 909 |
3,713 | ||
Government Owned - No Guarantee — 0.1% | ||
2,000 | Equinor ASA, 3.625%, 4/06/2040 | 1,713 |
2,000 | Federal National Mortgage Association, 6.625%, 11/15/2030 | 2,296 |
4,009 |
Principal Amount | Description | Value (†) |
Health Care REITs — 0.0% | ||
$1,000 | Welltower OP LLC, 2.800%, 6/01/2031 | $865 |
Health Insurance — 0.1% | ||
1,000 | Elevance Health, Inc., 4.101%, 3/01/2028 | 982 |
1,000 | UnitedHealth Group, Inc., 5.800%, 3/15/2036 | 1,093 |
2,075 | ||
Healthcare — 0.1% | ||
1,000 | CHRISTUS Health, Series C, 4.341%, 7/01/2028 | 986 |
1,000 | DH Europe Finance II SARL, 2.200%, 11/15/2024 | 976 |
1,000 | Kaiser Foundation Hospitals, 3.150%, 5/01/2027 | 958 |
2,920 | ||
Integrated Energy — 0.1% | ||
1,000 | Exxon Mobil Corp., 2.992%, 3/19/2025 | 981 |
1,000 | Shell International Finance BV, 6.375%, 12/15/2038 | 1,150 |
2,131 | ||
Life Insurance — 0.0% | ||
1,000 | Manulife Financial Corp., 3.703%, 3/16/2032 | 927 |
Media Entertainment — 0.1% | ||
2,000 | Netflix, Inc., 3.625%, 6/15/2025(b) | 1,962 |
Mortgage Related — 1.0% | ||
2,706 | Federal Home Loan Mortgage Corp., 2.000%, 2/01/2052 | 2,182 |
5,384 | Federal Home Loan Mortgage Corp., 2.500%, with various maturities in 2052(c) | 4,533 |
5,436 | Federal Home Loan Mortgage Corp., 3.000%, with various maturities in 2052(c) | 4,761 |
1,810 | Federal Home Loan Mortgage Corp., 3.500%, 5/01/2052 | 1,648 |
919 | Federal Home Loan Mortgage Corp., 4.000%, 7/01/2052 | 865 |
2,765 | Federal National Mortgage Association, 2.000%, 4/01/2052 | 2,231 |
2,727 | Federal National Mortgage Association, 2.500%, 4/01/2052 | 2,298 |
1,801 | Federal National Mortgage Association, 3.000%, 4/01/2052 | 1,577 |
5,369 | Federal National Mortgage Association, 3.500%, with various maturities in 2052(c) | 4,889 |
1,892 | Federal National Mortgage Association, 4.000%, with various maturities from 2052 to 2053(c) | 1,782 |
959 | Federal National Mortgage Association, 4.500%, 2/01/2053 | 927 |
1,802 | Government National Mortgage Association, 3.000%, 6/20/2052 | 1,609 |
1,933 | Government National Mortgage Association, 5.500%, 4/20/2053 | 1,946 |
31,248 | ||
Office REITs — 0.1% | ||
1,000 | Alexandria Real Estate Equities, Inc., 3.800%, 4/15/2026 | 977 |
1,000 | Boston Properties LP, 2.750%, 10/01/2026 | 932 |
1,909 | ||
Oil Field Services — 0.1% | ||
2,000 | Baker Hughes Holdings LLC/Baker Hughes Co-Obligor, Inc., 3.337%, 12/15/2027 | 1,906 |
Other REITs — 0.0% | ||
1,000 | Prologis LP, 1.250%, 10/15/2030 | 808 |
Pharmaceuticals — 0.2% | ||
2,000 | Astrazeneca Finance LLC, 2.250%, 5/28/2031 | 1,718 |
2,000 | Bristol-Myers Squibb Co., 3.400%, 7/26/2029 | 1,895 |
2,000 | Viatris, Inc., 3.850%, 6/22/2040 | 1,514 |
5,127 |
Principal Amount | Description | Value (†) |
Property & Casualty Insurance — 0.0% | ||
$1,000 | American International Group, Inc., 3.400%, 6/30/2030 | $923 |
Railroads — 0.0% | ||
1,000 | CSX Corp., 2.600%, 11/01/2026 | 952 |
Restaurants — 0.0% | ||
1,000 | Starbucks Corp., 2.250%, 3/12/2030 | 872 |
Retail REITs — 0.1% | ||
2,000 | Realty Income Corp., 2.700%, 2/15/2032 | 1,675 |
Retailers — 0.0% | ||
1,000 | TJX Cos., Inc., 1.150%, 5/15/2028 | 877 |
Technology — 0.2% | ||
1,000 | Apple, Inc., 2.500%, 2/09/2025 | 977 |
1,000 | Broadcom, Inc., 4.110%, 9/15/2028 | 974 |
1,000 | Intel Corp., 2.450%, 11/15/2029 | 895 |
1,000 | International Business Machines Corp., 4.000%, 6/20/2042 | 870 |
1,000 | NVIDIA Corp., 2.850%, 4/01/2030 | 919 |
1,000 | Oracle Corp., 2.950%, 5/15/2025 | 973 |
1,000 | QUALCOMM, Inc., 1.650%, 5/20/2032 | 802 |
6,410 | ||
Treasuries — 0.5% | ||
3,000 | U.S. Treasury Bonds, 1.250%, 5/15/2050 | 1,562 |
2,000 | U.S. Treasury Bonds, 2.250%, 5/15/2041 | 1,502 |
1,000 | U.S. Treasury Bonds, 2.500%, 5/15/2046 | 735 |
3,000 | U.S. Treasury Bonds, 2.875%, 11/15/2046 | 2,356 |
3,000 | U.S. Treasury Bonds, 3.000%, 5/15/2045 | 2,437 |
2,000 | U.S. Treasury Bonds, 3.000%, 2/15/2048 | 1,593 |
2,000 | U.S. Treasury Bonds, 3.000%, 2/15/2049 | 1,589 |
1,000 | U.S. Treasury Bonds, 4.375%, 8/15/2043 | 1,007 |
5,000 | U.S. Treasury Notes, 0.375%, 11/30/2025 | 4,660 |
17,441 | ||
Utility Other — 0.0% | ||
1,000 | Essential Utilities, Inc., 4.276%, 5/01/2049 | 833 |
Wireless — 0.0% | ||
1,000 | Vodafone Group PLC, 6.150%, 2/27/2037 | 1,081 |
Total Bonds and Notes (Identified Cost $136,549) | 126,090 |
Shares | ||
Exchange-Traded Funds — 9.0% | ||
3,908 | iShares® ESG Aware MSCI EAFE ETF (Identified Cost $296,959) | 294,077 |
Mutual Funds — 14.4% | ||
13,927 | WCM Focused Emerging Markets Fund, Institutional Class | 177,146 |
12,715 | WCM Focused International Growth Fund, Institutional Class | 296,013 |
Total Mutual Funds (Identified Cost $550,543) | 473,159 | |
Affiliated Mutual Funds — 10.5% | ||
5,784 | Mirova Global Green Bond Fund, Class N | 49,103 |
24,776 | Mirova International Sustainable Equity Fund, Class N | 293,599 |
Total Affiliated Mutual Funds (Identified Cost $393,239) | 342,702 |
Principal Amount | Description | Value (†) |
Short-Term Investments — 3.6% | ||
$117,565 | Tri-Party Repurchase Agreement with Fixed Income Clearing Corporation, dated 1/31/2024 at 3.500% to be repurchased at $117,577 on 2/01/2024 collateralized by $120,500 U.S. Treasury Note, 4.000% due 1/31/2031 valued at $120,293 including accrued interest (Note 2 of Notes to Financial Statements) (Identified Cost $117,565) | $117,565 |
Total Investments — 101.3% (Identified Cost $3,296,819) | 3,320,050 | |
Other assets less liabilities — (1.3)% | (42,635 ) | |
Net Assets — 100.0% | $3,277,415 |
(†) | See Note 2 of Notes to Financial Statements. |
(a) | Non-income producing security. |
(b) | All or a portion of these securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2024, the value of Rule 144A holdings amounted to $2,900 or 0.1% of net assets. |
(c) | The Fund’s investment in mortgage related securities of Federal Home Loan Mortgage Corporation and Federal National Mortgage Association are interests in separate pools of mortgages. All separate investments in securities of each issuer which have the same coupon rate have been aggregated for the purpose of presentation in the Portfolio of Investments. |
ADR | An American Depositary Receipt is a certificate issued by a custodian bank representing the right to receive securities of the foreign issuer described. The values of ADRs may be significantly influenced by trading on exchanges not located in the United States. |
ETF | Exchange-Traded Fund |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
REITs | Real Estate Investment Trusts |
Equity | 92.4 % |
Fixed Income | 5.3 |
Short-Term Investments | 3.6 |
Total Investments | 101.3 |
Other assets less liabilities | (1.3 ) |
Net Assets | 100.0 % |
Natixis Sustainable Future 2015 Fund | Natixis Sustainable Future 2020 Fund | Natixis Sustainable Future 2025 Fund | Natixis Sustainable Future 2030 Fund | |
ASSETS | ||||
Unaffiliated investments at cost | $3,139,141 | $2,868,905 | $7,268,546 | $12,566,302 |
Affiliated investments at cost | 2,683,633 | 1,840,105 | 3,509,659 | 4,700,565 |
Net unrealized appreciation on unaffiliated investments | 95,067 | 75,008 | 150,701 | 423,957 |
Net unrealized depreciation on affiliated investments | (250,407 ) | (122,884 ) | (190,921 ) | (355,387 ) |
Investments at value | 5,667,434 | 4,661,134 | 10,737,985 | 17,335,437 |
Cash | — | 1,828 | — | 8,237 |
Receivable for Fund shares sold | 8 | 1,778 | 5,809 | 76,711 |
Receivable from investment adviser (Note 5) | 12,078 | 12,335 | 11,480 | 12,298 |
Receivable for securities sold | 7,018 | — | 67,291 | — |
Dividends and interest receivable | 9,509 | 7,557 | 17,857 | 25,866 |
Dividends receivable from affiliates | 2,268 | 1,583 | 3,221 | 3,614 |
Prepaid expenses (Note 6) | 542 | 544 | 543 | 546 |
TOTAL ASSETS | 5,698,857 | 4,686,759 | 10,844,186 | 17,462,709 |
LIABILITIES | ||||
Payable for securities purchased | 5,838 | 3,916 | 11,224 | 42,423 |
Payable for Fund shares redeemed | 5,985 | 40 | 302 | 558 |
Payable to custodian bank (Note 7) | — | — | 46,049 | — |
Deferred Trustees’ fees (Note 5) | 24,618 | 24,587 | 24,662 | 24,785 |
Administrative fees payable (Note 5) | 215 | 175 | 417 | 675 |
Audit and tax services fees payable | 32,224 | 32,224 | 32,224 | 32,224 |
Other accounts payable and accrued expenses | 20,771 | 20,335 | 22,062 | 25,174 |
TOTAL LIABILITIES | 89,651 | 81,277 | 136,940 | 125,839 |
COMMITMENTS AND CONTINGENCIES(a) | — | — | — | — |
NET ASSETS | $5,609,206 | $4,605,482 | $10,707,246 | $17,336,870 |
NET ASSETS CONSIST OF: | ||||
Paid-in capital | $5,792,914 | $4,804,905 | $10,863,452 | $17,391,207 |
Accumulated loss | (183,708 ) | (199,423 ) | (156,206 ) | (54,337 ) |
NET ASSETS | $5,609,206 | $4,605,482 | $10,707,246 | $17,336,870 |
COMPUTATION OF NET ASSET VALUE AND OFFERING PRICE: | ||||
Class N shares: | ||||
Net assets | $5,609,206 | $4,605,482 | $10,707,246 | $17,336,870 |
Shares of beneficial interest | 623,466 | 526,832 | 1,012,864 | 1,505,640 |
Net asset value, offering and redemption price per share | $9.00 | $8.74 | $10.57 | $11.51 |
(a) | As disclosed in the Notes to Financial Statements, if applicable. |
Natixis Sustainable Future 2035 Fund | Natixis Sustainable Future 2040 Fund | Natixis Sustainable Future 2045 Fund | Natixis Sustainable Future 2050 Fund | |
ASSETS | ||||
Unaffiliated investments at cost | $14,579,890 | $16,780,336 | $15,116,483 | $16,433,361 |
Affiliated investments at cost | 4,522,873 | 4,027,441 | 3,250,943 | 2,363,317 |
Net unrealized appreciation on unaffiliated investments | 648,021 | 966,582 | 819,288 | 966,041 |
Net unrealized depreciation on affiliated investments | (365,751 ) | (239,024 ) | (246,350 ) | (157,505 ) |
Investments at value | 19,385,033 | 21,535,335 | 18,940,364 | 19,605,214 |
Cash | 6,075 | 5,085 | — | 8,610 |
Receivable for Fund shares sold | 15,975 | 11,029 | 482,221 | 145,978 |
Receivable from investment adviser (Note 5) | 12,885 | 13,092 | 13,637 | 13,242 |
Receivable for securities sold | — | — | 502 | — |
Dividends and interest receivable | 23,005 | 20,463 | 12,853 | 14,904 |
Dividends receivable from affiliates | 3,038 | 2,055 | 1,087 | — |
Prepaid expenses (Note 6) | 546 | 543 | 547 | 546 |
TOTAL ASSETS | 19,446,557 | 21,587,602 | 19,451,211 | 19,788,494 |
LIABILITIES | ||||
Payable for securities purchased | 9,538 | 7,519 | 3,247 | 35,272 |
Payable for Fund shares redeemed | 4,623 | 9,304 | 97,897 | 13,499 |
Payable to custodian bank (Note 7) | — | — | 749 | — |
Deferred Trustees’ fees (Note 5) | 24,790 | 24,747 | 24,706 | 24,682 |
Administrative fees payable (Note 5) | 744 | 826 | 723 | 739 |
Audit and tax services fees payable | 32,224 | 32,224 | 32,224 | 32,224 |
Other accounts payable and accrued expenses | 26,394 | 25,677 | 26,313 | 27,027 |
TOTAL LIABILITIES | 98,313 | 100,297 | 185,859 | 133,443 |
COMMITMENTS AND CONTINGENCIES(a) | — | — | — | — |
NET ASSETS | $19,348,244 | $21,487,305 | $19,265,352 | $19,655,051 |
NET ASSETS CONSIST OF: | ||||
Paid-in capital | $19,126,013 | $20,623,646 | $18,655,071 | $18,829,279 |
Accumulated earnings | 222,231 | 863,659 | 610,281 | 825,772 |
NET ASSETS | $19,348,244 | $21,487,305 | $19,265,352 | $19,655,051 |
COMPUTATION OF NET ASSET VALUE AND OFFERING PRICE: | ||||
Class N shares: | ||||
Net assets | $19,348,244 | $21,487,305 | $19,265,352 | $19,655,051 |
Shares of beneficial interest | 1,697,146 | 1,856,589 | 1,602,662 | 1,653,173 |
Net asset value, offering and redemption price per share | $11.40 | $11.57 | $12.02 | $11.89 |
(a) | As disclosed in the Notes to Financial Statements, if applicable. |
Natixis Sustainable Future 2055 Fund | Natixis Sustainable Future 2060 Fund | Natixis Sustainable Future 2065 Fund | |
ASSETS | |||
Unaffiliated investments at cost | $13,337,880 | $10,657,467 | $2,903,580 |
Affiliated investments at cost | 1,789,235 | 1,422,504 | 393,239 |
Net unrealized appreciation on unaffiliated investments | 771,482 | 721,798 | 73,768 |
Net unrealized depreciation on affiliated investments | (124,681 ) | (67,795 ) | (50,537 ) |
Investments at value | 15,773,916 | 12,733,974 | 3,320,050 |
Cash | — | — | 913 |
Receivable for Fund shares sold | 9,793 | 11,597 | 593 |
Receivable from investment adviser (Note 5) | 13,296 | 15,297 | 10,120 |
Receivable for securities sold | 569 | 38,487 | 569 |
Dividends and interest receivable | 10,671 | 8,430 | 2,118 |
Prepaid expenses (Note 6) | 544 | 543 | 1,145 |
TOTAL ASSETS | 15,808,789 | 12,808,328 | 3,335,508 |
LIABILITIES | |||
Payable for securities purchased | 9,765 | 1,974 | 4,132 |
Payable for Fund shares redeemed | 9,376 | 58,419 | 7 |
Payable to custodian bank (Note 7) | 6,151 | 692 | — |
Deferred Trustees’ fees (Note 5) | 24,624 | 24,559 | 6,318 |
Administrative fees payable (Note 5) | 598 | 482 | 126 |
Audit and tax services fees payable | 32,224 | 32,224 | 32,224 |
Other accounts payable and accrued expenses | 25,397 | 27,542 | 15,286 |
TOTAL LIABILITIES | 108,135 | 145,892 | 58,093 |
COMMITMENTS AND CONTINGENCIES(a) | — | — | — |
NET ASSETS | $15,700,654 | $12,662,436 | $3,277,415 |
NET ASSETS CONSIST OF: | |||
Paid-in capital | $14,984,601 | $11,908,157 | $3,298,217 |
Accumulated earnings (loss) | 716,053 | 754,279 | (20,802 ) |
NET ASSETS | $15,700,654 | $12,662,436 | $3,277,415 |
COMPUTATION OF NET ASSET VALUE AND OFFERING PRICE: | |||
Class N shares: | |||
Net assets | $15,700,654 | $12,662,436 | $3,277,415 |
Shares of beneficial interest | 1,332,645 | 1,096,246 | 332,468 |
Net asset value, offering and redemption price per share | $11.78 | $11.55 | $9.86 |
(a) | As disclosed in the Notes to Financial Statements, if applicable. |
Natixis Sustainable Future 2015 Fund | Natixis Sustainable Future 2020 Fund | Natixis Sustainable Future 2025 Fund | Natixis Sustainable Future 2030 Fund | |
INVESTMENT INCOME | ||||
Dividends from unaffiliated investments | $25,508 | $24,581 | $61,857 | $126,327 |
Dividends from affiliated investments | 75,684 | 48,745 | 85,931 | 117,262 |
Interest | 41,628 | 30,621 | 67,431 | 105,155 |
Less net foreign taxes withheld | (82 ) | (78 ) | (185 ) | (388 ) |
142,738 | 103,869 | 215,034 | 348,356 | |
Expenses | ||||
Management fees (Note 5) | 6,149 | 5,491 | 13,278 | 25,880 |
Administrative fees (Note 5) | 2,439 | 1,883 | 4,171 | 7,396 |
Trustees' fees and expenses (Note 5) | 21,305 | 21,253 | 21,454 | 21,738 |
Transfer agent fees and expenses | 1,737 | 2,030 | 2,227 | 2,646 |
Audit and tax services fees | 35,660 | 35,660 | 35,660 | 35,660 |
Custodian fees and expenses | 34,865 | 34,454 | 39,751 | 43,175 |
Legal fees | 205 | 151 | 326 | 605 |
Registration fees | 24,018 | 23,020 | 23,020 | 23,020 |
Regulatory filing fees | 13,000 | 13,000 | 13,000 | 13,000 |
Shareholder reporting expenses | 11,120 | 11,449 | 13,380 | 16,120 |
Miscellaneous expenses | 16,003 | 15,961 | 16,073 | 16,725 |
Total expenses | 166,501 | 164,352 | 182,340 | 205,965 |
Less waiver and/or expense reimbursement (Note 5) | (154,353 ) | (154,576 ) | (160,702 ) | (165,521 ) |
Net expenses | 12,148 | 9,776 | 21,638 | 40,444 |
Net investment income | 130,590 | 94,093 | 193,396 | 307,912 |
Net realized and unrealized gain (loss) on Investments | ||||
Net realized gain (loss) on: | ||||
Unaffiliated investments | 76,453 | 37,625 | 256,159 | 381,325 |
Affiliated investments | (11,027 ) | (21,623 ) | 11,110 | 4,285 |
Distributions of capital gains received from unaffiliated investments | 1,236 | 1,241 | 3,483 | 6,610 |
Net change in unrealized appreciation (depreciation) on: | ||||
Unaffiliated investments | 129,012 | 172,771 | 328,619 | 661,632 |
Affiliated investments | 13,308 | 32,952 | 30,279 | 42,098 |
Net realized and unrealized gain on investments | 208,982 | 222,966 | 629,650 | 1,095,950 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $339,572 | $317,059 | $823,046 | $1,403,862 |
Natixis Sustainable Future 2035 Fund | Natixis Sustainable Future 2040 Fund | Natixis Sustainable Future 2045 Fund | Natixis Sustainable Future 2050 Fund | |
INVESTMENT INCOME | ||||
Dividends from unaffiliated investments | $156,311 | $179,951 | $174,682 | $177,805 |
Dividends from affiliated investments | 102,903 | 84,413 | 60,883 | 34,499 |
Interest | 90,913 | 72,114 | 40,815 | 46,367 |
Less net foreign taxes withheld | (479 ) | (512 ) | (515 ) | (506 ) |
349,648 | 335,966 | 275,865 | 258,165 | |
Expenses | ||||
Management fees (Note 5) | 30,291 | 33,626 | 31,271 | 31,815 |
Administrative fees (Note 5) | 7,974 | 8,178 | 7,431 | 7,200 |
Trustees' fees and expenses (Note 5) | 21,793 | 21,795 | 21,725 | 21,703 |
Transfer agent fees and expenses | 2,716 | 2,972 | 2,954 | 3,110 |
Audit and tax services fees | 35,660 | 35,660 | 35,660 | 35,660 |
Custodian fees and expenses | 48,395 | 46,293 | 46,046 | 47,690 |
Legal fees | 653 | 650 | 596 | 564 |
Registration fees | 23,020 | 23,020 | 23,020 | 23,020 |
Regulatory filing fees | 13,000 | 13,000 | 13,000 | 13,000 |
Shareholder reporting expenses | 16,701 | 17,370 | 17,478 | 18,003 |
Miscellaneous expenses | 16,557 | 16,278 | 17,145 | 16,222 |
Total expenses | 216,760 | 218,842 | 216,326 | 217,987 |
Less waiver and/or expense reimbursement (Note 5) | (169,959 ) | (169,355 ) | (173,999 ) | (174,417 ) |
Net expenses | 46,801 | 49,487 | 42,327 | 43,570 |
Net investment income | 302,847 | 286,479 | 233,538 | 214,595 |
Net realized and unrealized gain (loss) on Investments | ||||
Net realized gain (loss) on: | ||||
Unaffiliated investments | 515,795 | 592,930 | 567,443 | 487,430 |
Affiliated investments | (3,908 ) | 12,890 | (2,427 ) | 5,770 |
Distributions of capital gains received from unaffiliated investments | 7,783 | 9,456 | 9,210 | 9,843 |
Net change in unrealized appreciation (depreciation) on: | ||||
Unaffiliated investments | 833,779 | 1,062,742 | 1,004,559 | 1,102,505 |
Affiliated investments | 56,256 | 47,875 | 58,233 | 44,992 |
Net realized and unrealized gain on investments | 1,409,705 | 1,725,893 | 1,637,018 | 1,650,540 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $1,712,552 | $2,012,372 | $1,870,556 | $1,865,135 |
Natixis Sustainable Future 2055 Fund | Natixis Sustainable Future 2060 Fund | Natixis Sustainable Future 2065 Fund | |
INVESTMENT INCOME | |||
Dividends from unaffiliated investments | $153,088 | $116,763 | $33,648 |
Dividends from affiliated investments | 23,585 | 18,556 | 4,914 |
Interest | 31,346 | 24,791 | 5,829 |
Less net foreign taxes withheld | (430 ) | (301 ) | (101 ) |
207,589 | 159,809 | 44,290 | |
Expenses | |||
Management fees (Note 5) | 26,842 | 20,454 | 6,055 |
Administrative fees (Note 5) | 6,054 | 4,613 | 1,329 |
Trustees' fees and expenses (Note 5) | 21,600 | 21,472 | 17,805 |
Transfer agent fees and expenses | 2,899 | 3,282 | 1,298 |
Audit and tax services fees | 35,660 | 35,660 | 35,660 |
Custodian fees and expenses | 49,626 | 51,279 | 28,468 |
Legal fees | 479 | 355 | 100 |
Registration fees | 23,020 | 23,020 | 22,486 |
Regulatory filing fees | 13,000 | 13,000 | 13,000 |
Shareholder reporting expenses | 16,551 | 16,993 | 7,906 |
Miscellaneous expenses | 16,722 | 16,429 | 15,614 |
Total expenses | 212,453 | 206,557 | 149,721 |
Less waiver and/or expense reimbursement (Note 5) | (176,909 ) | (179,634 ) | (141,678 ) |
Net expenses | 35,544 | 26,923 | 8,043 |
Net investment income | 172,045 | 132,886 | 36,247 |
Net realized and unrealized gain (loss) on Investments | |||
Net realized gain (loss) on: | |||
Unaffiliated investments | 444,046 | 387,002 | 50,398 |
Affiliated investments | 5,439 | 7,836 | (2,219 ) |
Distributions of capital gains received from unaffiliated investments | 8,607 | 6,919 | 1,791 |
Net change in unrealized appreciation (depreciation) on: | |||
Unaffiliated investments | 869,818 | 667,076 | 239,413 |
Affiliated investments | 34,620 | 29,938 | 11,841 |
Net realized and unrealized gain on investments | 1,362,530 | 1,098,771 | 301,224 |
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS | $1,534,575 | $1,231,657 | $337,471 |
Natixis Sustainable Future 2015 Fund | Natixis Sustainable Future 2020 Fund | Natixis Sustainable Future 2025 Fund | ||||
Year Ended January 31,2024 | Year Ended January 31,2023 | Year Ended January 31,2024 | Year Ended January 31,2023 | Year Ended January 31,2024 | Year Ended January 31,2023 | |
FROM OPERATIONS: | ||||||
Net investment income | $130,590 | $103,852 | $94,093 | $79,902 | $193,396 | $126,376 |
Net realized gain (loss) on investments, including distributions of capital gains received from investments | 66,662 | 66,701 | 17,243 | (51,717 ) | 270,752 | (166,682 ) |
Net change in unrealized appreciation (depreciation) on investments | 142,320 | (435,216 ) | 205,723 | (292,796 ) | 358,898 | (523,537 ) |
Net increase (decrease) in net assets resulting from operations | 339,572 | (264,663 ) | 317,059 | (264,611 ) | 823,046 | (563,843 ) |
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||||||
Class N | (185,130 ) | (230,294 ) | (102,733 ) | (231,839 ) | (271,430 ) | (310,484 ) |
NET INCREASE (DECREASE) IN NET ASSETS FROM CAPITAL SHARES TRANSACTIONS (Note 10) | 89,042 | 1,107,046 | 188,968 | 348,092 | 1,580,292 | (1,264,851 ) |
Net increase (decrease) in net assets | 243,484 | 612,089 | 403,294 | (148,358 ) | 2,131,908 | (2,139,178 ) |
NET ASSETS | ||||||
Beginning of the year | 5,365,722 | 4,753,633 | 4,202,188 | 4,350,546 | 8,575,338 | 10,714,516 |
End of the year | $5,609,206 | $5,365,722 | $4,605,482 | $4,202,188 | $10,707,246 | $8,575,338 |
Natixis Sustainable Future 2030 Fund | Natixis Sustainable Future 2035 Fund | Natixis Sustainable Future 2040 Fund | ||||
Year Ended January 31,2024 | Year Ended January 31,2023 | Year Ended January 31,2024 | Year Ended January 31,2023 | Year Ended January 31,2024 | Year Ended January 31,2023 | |
FROM OPERATIONS: | ||||||
Net investment income | $307,912 | $234,158 | $302,847 | $218,855 | $286,479 | $180,534 |
Net realized gain on investments, including distributions of capital gains received from investments | 392,220 | 36,155 | 519,670 | 150,558 | 615,276 | 67,655 |
Net change in unrealized appreciation (depreciation) on investments | 703,730 | (1,226,320 ) | 890,035 | (968,921 ) | 1,110,617 | (639,773 ) |
Net increase (decrease) in net assets resulting from operations | 1,403,862 | (956,007 ) | 1,712,552 | (599,508 ) | 2,012,372 | (391,584 ) |
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||||||
Class N | (479,339 ) | (822,453 ) | (808,219 ) | (724,780 ) | (615,852 ) | (583,854 ) |
NET INCREASE IN NET ASSETS FROM CAPITAL SHARES TRANSACTIONS (Note 10) | 1,243,373 | 1,643,571 | 1,601,082 | 4,977,762 | 4,503,627 | 4,942,379 |
Net increase (decrease) in net assets | 2,167,896 | (134,889 ) | 2,505,415 | 3,653,474 | 5,900,147 | 3,966,941 |
NET ASSETS | ||||||
Beginning of the year | 15,168,974 | 15,303,863 | 16,842,829 | 13,189,355 | 15,587,158 | 11,620,217 |
End of the year | $17,336,870 | $15,168,974 | $19,348,244 | $16,842,829 | $21,487,305 | $15,587,158 |
Natixis Sustainable Future 2045 Fund | Natixis Sustainable Future 2050 Fund | Natixis Sustainable Future 2055 Fund | ||||
Year Ended January 31,2024 | Year Ended January 31,2023 | Year Ended January 31,2024 | Year Ended January 31,2023 | Year Ended January 31,2024 | Year Ended January 31,2023 | |
FROM OPERATIONS: | ||||||
Net investment income | $233,538 | $169,213 | $214,595 | $142,781 | $172,045 | $114,861 |
Net realized gain on investments, including distributions of capital gains received from investments | 574,226 | 122,024 | 503,043 | 71,446 | 458,092 | 55,494 |
Net change in unrealized appreciation (depreciation) on investments | 1,062,792 | (731,471 ) | 1,147,497 | (627,266 ) | 904,438 | (439,039 ) |
Net increase (decrease) in net assets resulting from operations | 1,870,556 | (440,234 ) | 1,865,135 | (413,039 ) | 1,534,575 | (268,684 ) |
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||||||
Class N | (703,258 ) | (570,515 ) | (599,158 ) | (500,254 ) | (515,380 ) | (342,817 ) |
NET INCREASE IN NET ASSETS FROM CAPITAL SHARES TRANSACTIONS (Note 10) | 3,403,310 | 4,109,650 | 5,163,277 | 3,819,234 | 3,584,808 | 3,567,685 |
Net increase in net assets | 4,570,608 | 3,098,901 | 6,429,254 | 2,905,941 | 4,604,003 | 2,956,184 |
NET ASSETS | ||||||
Beginning of the year | 14,694,744 | 11,595,843 | 13,225,797 | 10,319,856 | 11,096,651 | 8,140,467 |
End of the year | $19,265,352 | $14,694,744 | $19,655,051 | $13,225,797 | $15,700,654 | $11,096,651 |
Natixis Sustainable Future 2060 Fund | Natixis Sustainable Future 2065 Fund | |||
Year Ended January 31,2024 | Year Ended January 31,2023 | Year Ended January 31,2024 | Year Ended January 31,2023 | |
FROM OPERATIONS: | ||||
Net investment income | $132,886 | $78,550 | $36,247 | $32,393 |
Net realized gain (loss) on investments, including distributions of capital gains received from investments | 401,757 | 53,757 | 49,970 | (86,235 ) |
Net change in unrealized appreciation (depreciation) on investments | 697,014 | (329,773 ) | 251,254 | (110,140 ) |
Net increase (decrease) in net assets resulting from operations | 1,231,657 | (197,466 ) | 337,471 | (163,982 ) |
FROM DISTRIBUTIONS TO SHAREHOLDERS: | ||||
Class N | (378,012 ) | (272,397 ) | (39,672 ) | (37,166 ) |
NET INCREASE IN NET ASSETS FROM CAPITAL SHARES TRANSACTIONS (Note 10) | 4,017,228 | 2,714,363 | 234,468 | 63,861 |
Net increase (decrease) in net assets | 4,870,873 | 2,244,500 | 532,267 | (137,287 ) |
NET ASSETS | ||||
Beginning of the year | 7,791,563 | 5,547,063 | 2,745,148 | 2,882,435 |
End of the year | $12,662,436 | $7,791,563 | $3,277,415 | $2,745,148 |
Sustainable Future 2015 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $8.71 | $9.83 | $10.37 | $10.70 | $10.11 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.22 | 0.20 | 0.16 | 0.12 | 0.17 |
Net realized and unrealized gain (loss) | 0.38 | (0.90 ) | 0.40 | 1.25 | 1.02 |
Total from Investment Operations | 0.60 | (0.70 ) | 0.56 | 1.37 | 1.19 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.23 ) | (0.21 ) | (0.19 ) | (0.25 ) | (0.18 ) |
Net realized capital gains | (0.08 ) | (0.21 ) | (0.91 ) | (1.45 ) | (0.42 ) |
Total Distributions | (0.31 ) | (0.42 ) | (1.10 ) | (1.70 ) | (0.60 ) |
Net asset value, end of the period | $9.00 | $8.71 | $9.83 | $10.37 | $10.70 |
Total return(b) | 6.93 % | (6.97 )% | 5.15 % | 12.97 % | 11.81 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $5,609 | $5,366 | $4,754 | $4,204 | $6,191 |
Net expenses(c) | 0.23 %(d) | 0.25 %(e)(f) | 0.28 %(g) | 0.31 %(h) | 0.31 %(i)(j) |
Gross expenses | 3.16 %(d) | 3.41 %(f) | 3.08 %(g) | 3.08 %(h) | 3.70 %(j) |
Net investment income | 2.48 % | 2.31 % | 1.47 % | 1.09 % | 1.62 % |
Portfolio turnover rate | 22 % | 28 % | 50 % | 61 % | 73 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(d) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.50% and 3.43%, respectively. |
(e) | Effective June 1, 2022, the expense limit decreased from 0.55% to 0.50%. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.52% and 3.68%, respectively. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 3.35%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 3.32%, respectively. |
(i) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.55%. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.58% and 3.97%, respectively. |
Sustainable Future 2020 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $8.30 | $9.41 | $9.37 | $10.66 | $9.97 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.19 | 0.17 | 0.13 | 0.11 | 0.17 |
Net realized and unrealized gain (loss) | 0.45 | (0.80 ) | 0.49 | 1.38 | 1.06 |
Total from Investment Operations | 0.64 | (0.63 ) | 0.62 | 1.49 | 1.23 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.20 ) | (0.20 ) | (0.14 ) | (0.29 ) | (0.18 ) |
Net realized capital gains | — | (0.28 ) | (0.44 ) | (2.49 ) | (0.36 ) |
Total Distributions | (0.20 ) | (0.48 ) | (0.58 ) | (2.78 ) | (0.54 ) |
Net asset value, end of the period | $8.74 | $8.30 | $9.41 | $9.37 | $10.66 |
Total return(b) | 7.75 %(c) | (6.64 )% | 6.35 % | 14.26 % | 12.31 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $4,605 | $4,202 | $4,351 | $2,912 | $6,006 |
Net expenses(d) | 0.24 %(e) | 0.26 %(f)(g) | 0.29 %(h) | 0.32 %(i) | 0.32 %(j)(k) |
Gross expenses | 4.04 %(e) | 4.22 %(g) | 3.66 %(h) | 3.88 %(i) | 3.69 %(k) |
Net investment income | 2.31 % | 2.04 % | 1.30 % | 1.08 % | 1.60 % |
Portfolio turnover rate | 27 % | 88 % | 46 % | 95 % | 74 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Generally accepted accounting principles require certain adjustments to be made to the net assets of the Fund for financial reporting purposes only, and as such, the total returns based on the adjusted net asset values per share may differ from the total returns reported in the average annual total return table. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.50% and 4.30%, respectively. |
(f) | Effective June 1, 2022, the expense limit decreased from 0.55% to 0.50%. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.52% and 4.48%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 3.92%, respectively. |
(i) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 4.11%, respectively. |
(j) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.55%. |
(k) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.58% and 3.95%, respectively. |
Sustainable Future 2025 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $10.04 | $11.21 | $11.42 | $10.89 | $10.22 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.22 | 0.17 | 0.14 | 0.12 | 0.17 |
Net realized and unrealized gain (loss) | 0.59 | (0.95 ) | 0.68 | 1.41 | 1.12 |
Total from Investment Operations | 0.81 | (0.78 ) | 0.82 | 1.53 | 1.29 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.20 ) | (0.19 ) | (0.16 ) | (0.16 ) | (0.17 ) |
Net realized capital gains | (0.08 ) | (0.20 ) | (0.87 ) | (0.84 ) | (0.45 ) |
Total Distributions | (0.28 ) | (0.39 ) | (1.03 ) | (1.00 ) | (0.62 ) |
Net asset value, end of the period | $10.57 | $10.04 | $11.21 | $11.42 | $10.89 |
Total return(b) | 8.13 %(c) | (6.90 )% | 6.84 % | 14.35 % | 12.73 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $10,707 | $8,575 | $10,715 | $7,192 | $6,015 |
Net expenses(d) | 0.24 %(e) | 0.28 %(f)(g) | 0.30 %(h) | 0.33 %(i) | 0.34 %(j)(k) |
Gross expenses | 2.02 %(e) | 2.40 %(g) | 1.76 %(h) | 3.00 %(i) | 4.18 %(k) |
Net investment income | 2.15 % | 1.68 % | 1.15 % | 1.08 % | 1.59 % |
Portfolio turnover rate | 37 % | 86 % | 49 % | 84 % | 67 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Generally accepted accounting principles require certain adjustments to be made to the net assets of the Fund for financial reporting purposes only, and as such, the total returns based on the adjusted net asset values per share may differ from the total returns reported in the average annual total return table. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.51% and 2.29%, respectively. |
(f) | Effective June 1, 2022, the expense limit decreased from 0.56% to 0.51%. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.53% and 2.65%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.56% and 2.02%, respectively. |
(i) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.56% and 3.23%, respectively. |
(j) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.56%. |
(k) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.59% and 4.43%, respectively. |
Sustainable Future 2030 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $10.87 | $12.27 | $11.97 | $11.15 | $10.39 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.21 | 0.18 | 0.15 | 0.12 | 0.17 |
Net realized and unrealized gain (loss) | 0.74 | (0.97 ) | 0.86 | 1.60 | 1.19 |
Total from Investment Operations | 0.95 | (0.79 ) | 1.01 | 1.72 | 1.36 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.20 ) | (0.19 ) | (0.15 ) | (0.18 ) | (0.14 ) |
Net realized capital gains | (0.11 ) | (0.42 ) | (0.56 ) | (0.72 ) | (0.46 ) |
Total Distributions | (0.31 ) | (0.61 ) | (0.71 ) | (0.90 ) | (0.60 ) |
Net asset value, end of the period | $11.51 | $10.87 | $12.27 | $11.97 | $11.15 |
Total return(b) | 8.82 %(c) | (6.38 )% | 8.30 % | 15.88 % | 13.12 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $17,337 | $15,169 | $15,304 | $7,665 | $6,250 |
Net expenses(d) | 0.25 %(e) | 0.28 %(f)(g) | 0.31 %(h) | 0.34 %(i) | 0.37 %(j)(k) |
Gross expenses | 1.29 %(e) | 1.40 %(g) | 1.43 %(h) | 2.88 %(i) | 4.37 %(k) |
Net investment income | 1.93 % | 1.63 % | 1.14 % | 1.06 % | 1.55 % |
Portfolio turnover rate | 30 % | 61 % | 24 % | 69 % | 80 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Generally accepted accounting principles require certain adjustments to be made to the net assets of the Fund for financial reporting purposes only, and as such, the total returns based on the adjusted net asset values per share may differ from the total returns reported in the average annual total return table. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.52% and 1.56%, respectively. |
(f) | Effective June 1, 2022, the expense limit decreased from 0.57% to 0.52%. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.54% and 1.66%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.57% and 1.69%, respectively. |
(i) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.57% and 3.11%, respectively. |
(j) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.57%. |
(k) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 4.60%, respectively. |
Sustainable Future 2035 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $10.85 | $12.21 | $12.02 | $11.24 | $10.46 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.19 | 0.17 | 0.14 | 0.11 | 0.16 |
Net realized and unrealized gain (loss) | 0.86 | (0.96 ) | 1.07 | 1.70 | 1.33 |
Total from Investment Operations | 1.05 | (0.79 ) | 1.21 | 1.81 | 1.49 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.19 ) | (0.17 ) | (0.14 ) | (0.17 ) | (0.17 ) |
Net realized capital gains | (0.31 ) | (0.40 ) | (0.88 ) | (0.86 ) | (0.54 ) |
Total Distributions | (0.50 ) | (0.57 ) | (1.02 ) | (1.03 ) | (0.71 ) |
Net asset value, end of the period | $11.40 | $10.85 | $12.21 | $12.02 | $11.24 |
Total return(b) | 9.83 % | (6.35 )% | 9.85 % | 16.62 % | 14.29 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $19,348 | $16,843 | $13,189 | $7,322 | $5,566 |
Net expenses(c) | 0.27 %(d) | 0.29 %(e)(f) | 0.33 %(g) | 0.36 %(h) | 0.39 %(i)(j) |
Gross expenses | 1.26 %(d) | 1.37 %(f) | 1.62 %(g) | 3.05 %(h) | 3.95 %(j) |
Net investment income | 1.76 % | 1.57 % | 1.08 % | 0.97 % | 1.47 % |
Portfolio turnover rate | 28 % | 39 % | 34 % | 89 % | 63 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(d) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.53% and 1.52%, respectively. |
(e) | Effective June 1, 2022, the expense limit decreased from 0.58% to 0.53%. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 1.63%, respectively. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.58% and 1.87%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.58% and 3.27%, respectively. |
(i) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.58%. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 4.16%, respectively. |
Sustainable Future 2040 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $10.76 | $12.03 | $11.69 | $11.18 | $10.43 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.18 | 0.16 | 0.13 | 0.10 | 0.16 |
Net realized and unrealized gain (loss) | 0.98 | (0.94 ) | 1.12 | 1.85 | 1.29 |
Total from Investment Operations | 1.16 | (0.78 ) | 1.25 | 1.95 | 1.45 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.16 ) | (0.14 ) | (0.12 ) | (0.19 ) | (0.15 ) |
Net realized capital gains | (0.19 ) | (0.35 ) | (0.79 ) | (1.25 ) | (0.55 ) |
Total Distributions | (0.35 ) | (0.49 ) | (0.91 ) | (1.44 ) | (0.70 ) |
Net asset value, end of the period | $11.57 | $10.76 | $12.03 | $11.69 | $11.18 |
Total return(b) | 10.82 % | (6.30 )% | 10.49 % | 18.04 % | 13.94 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $21,487 | $15,587 | $11,620 | $5,431 | $5,662 |
Net expenses(c) | 0.28 %(d) | 0.30 %(e)(f) | 0.33 %(g) | 0.36 %(h) | 0.39 %(i)(j) |
Gross expenses | 1.24 %(d) | 1.62 %(f) | 1.99 %(g) | 3.38 %(h) | 4.45 %(j) |
Net investment income | 1.62 % | 1.49 % | 1.01 % | 0.94 % | 1.50 % |
Portfolio turnover rate | 27 % | 41 % | 34 % | 64 % | 63 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(d) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.54% and 1.50%, respectively. |
(e) | Effective June 1, 2022, the expense limit decreased from 0.59% to 0.54%. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.56% and 1.88%, respectively. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.59% and 2.25%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.59% and 3.61%, respectively |
(i) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.59%. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.61% and 4.67%, respectively. |
Sustainable Future 2045 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $11.25 | $12.53 | $12.12 | $11.17 | $10.38 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.17 | 0.15 | 0.13 | 0.10 | 0.16 |
Net realized and unrealized gain (loss) | 1.08 | (0.91 ) | 1.29 | 1.89 | 1.37 |
Total from Investment Operations | 1.25 | (0.76 ) | 1.42 | 1.99 | 1.53 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.16 ) | (0.14 ) | (0.13 ) | (0.18 ) | (0.15 ) |
Net realized capital gains | (0.32 ) | (0.38 ) | (0.88 ) | (0.86 ) | (0.59 ) |
Total Distributions | (0.48 ) | (0.52 ) | (1.01 ) | (1.04 ) | (0.74 ) |
Net asset value, end of the period | $12.02 | $11.25 | $12.53 | $12.12 | $11.17 |
Total return(b) | 11.19 % | (5.89 )% | 11.36 % | 18.30 % | 14.73 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $19,265 | $14,695 | $11,596 | $6,283 | $4,951 |
Net expenses(c) | 0.26 %(d) | 0.28 %(e)(f) | 0.33 %(g) | 0.37 %(h) | 0.40 %(i)(j) |
Gross expenses | 1.35 %(d) | 1.60 %(f) | 1.93 %(g) | 3.63 %(h) | 5.12 %(j) |
Net investment income | 1.45 % | 1.41 % | 0.97 % | 0.93 % | 1.45 % |
Portfolio turnover rate | 31 % | 39 % | 42 % | 72 % | 58 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(d) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.54% and 1.63%, respectively. |
(e) | Effective June 1, 2022, the expense limit decreased from 0.59% to 0.54%. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.56% and 1.88%, respectively. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.59% and 2.19%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.59% and 3.85%, respectively. |
(i) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.59%. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.61% and 5.33%, respectively. |
Sustainable Future 2050 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $11.03 | $12.31 | $11.75 | $11.15 | $10.41 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.15 | 0.14 | 0.12 | 0.10 | 0.16 |
Net realized and unrealized gain (loss) | 1.11 | (0.92 ) | 1.25 | 1.92 | 1.35 |
Total from Investment Operations | 1.26 | (0.78 ) | 1.37 | 2.02 | 1.51 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.14 ) | (0.13 ) | (0.12 ) | (0.18 ) | (0.15 ) |
Net realized capital gains | (0.26 ) | (0.37 ) | (0.69 ) | (1.24 ) | (0.62 ) |
Total Distributions | (0.40 ) | (0.50 ) | (0.81 ) | (1.42 ) | (0.77 ) |
Net asset value, end of the period | $11.89 | $11.03 | $12.31 | $11.75 | $11.15 |
Total return(b) | 11.49 % | (6.24 )% | 11.40 % | 18.94 % | 14.57 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $19,655 | $13,226 | $10,320 | $5,017 | $4,557 |
Net expenses(c) | 0.28 %(d) | 0.30 %(e)(f) | 0.34 %(g) | 0.38 %(h) | 0.41 %(i)(j) |
Gross expenses | 1.40 %(d) | 1.78 %(f) | 2.12 %(g) | 4.00 %(h) | 5.24 %(j) |
Net investment income | 1.38 % | 1.33 % | 0.91 % | 0.90 % | 1.43 % |
Portfolio turnover rate | 23 % | 40 % | 38 % | 80 % | 75 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(d) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 1.67%, respectively. |
(e) | Effective June 1, 2022, the expense limit decreased from 0.60% to 0.55%. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.57% and 2.05%, respectively. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 2.38%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 4.22%, respectively. |
(i) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.60%. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.62% and 5.45%, respectively. |
Sustainable Future 2055 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $10.93 | $12.08 | $11.53 | $11.11 | $10.43 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.15 | 0.14 | 0.12 | 0.10 | 0.16 |
Net realized and unrealized gain (loss) | 1.12 | (0.88 ) | 1.22 | 1.86 | 1.40 |
Total from Investment Operations | 1.27 | (0.74 ) | 1.34 | 1.96 | 1.56 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.14 ) | (0.12 ) | (0.12 ) | (0.20 ) | (0.16 ) |
Net realized capital gains | (0.28 ) | (0.29 ) | (0.67 ) | (1.34 ) | (0.72 ) |
Total Distributions | (0.42 ) | (0.41 ) | (0.79 ) | (1.54 ) | (0.88 ) |
Net asset value, end of the period | $11.78 | $10.93 | $12.08 | $11.53 | $11.11 |
Total return(b) | 11.68 % | (6.02 )% | 11.33 % | 18.07 % | 14.93 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $15,701 | $11,097 | $8,140 | $3,836 | $4,178 |
Net expenses(c) | 0.27 %(d) | 0.29 %(e)(f) | 0.33 %(g) | 0.39 %(h) | 0.42 %(i)(j) |
Gross expenses | 1.62 %(d) | 2.09 %(f) | 2.68 %(g) | 4.49 %(h) | 5.63 %(j) |
Net investment income | 1.31 % | 1.30 % | 0.90 % | 0.88 % | 1.42 % |
Portfolio turnover rate | 31 % | 37 % | 38 % | 71 % | 64 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(d) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 1.90%, respectively. |
(e) | Effective June 1, 2022, the expense limit decreased from 0.60% to 0.55%. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.57% and 2.37%, respectively. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 2.95%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 4.70%, respectively. |
(i) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.60%. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.62% and 5.83%, respectively. |
Sustainable Future 2060 Fund—Class N | |||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Year Ended January 31, 2022 | Year Ended January 31, 2021 | Year Ended January 31, 2020 | |
Net asset value, beginning of the period | $10.68 | $11.85 | $11.64 | $11.03 | $10.40 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||||
Net investment income(a) | 0.14 | 0.13 | 0.11 | 0.10 | 0.16 |
Net realized and unrealized gain (loss) | 1.11 | (0.83 ) | 1.31 | 1.95 | 1.38 |
Total from Investment Operations | 1.25 | (0.70 ) | 1.42 | 2.05 | 1.54 |
LESS DISTRIBUTIONS FROM: | |||||
Net investment income | (0.13 ) | (0.12 ) | (0.14 ) | (0.19 ) | (0.17 ) |
Net realized capital gains | (0.25 ) | (0.35 ) | (1.07 ) | (1.25 ) | (0.74 ) |
Total Distributions | (0.38 ) | (0.47 ) | (1.21 ) | (1.44 ) | (0.91 ) |
Net asset value, end of the period | $11.55 | $10.68 | $11.85 | $11.64 | $11.03 |
Total return(b) | 11.78 % | (5.82 )% | 11.72 % | 19.09 % | 14.78 % |
RATIOS TO AVERAGE NET ASSETS: | |||||
Net assets, end of the period (000's) | $12,662 | $7,792 | $5,547 | $3,657 | $3,198 |
Net expenses(c) | 0.27 %(d) | 0.29 %(e)(f) | 0.34 %(g) | 0.38 %(h) | 0.42 %(i)(j) |
Gross expenses | 2.07 %(d) | 2.94 %(f) | 3.27 %(g) | 5.25 %(h) | 6.03 %(j) |
Net investment income | 1.33 % | 1.30 % | 0.87 % | 0.95 % | 1.45 % |
Portfolio turnover rate | 31 % | 42 % | 43 % | 79 % | 64 % |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(d) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 2.35%, respectively. |
(e) | Effective June 1, 2022, the expense limit decreased from 0.60% to 0.55%. |
(f) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.57% and 3.22%, respectively. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 3.53%, respectively. |
(h) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 5.47%, respectively. |
(i) | Effective June 1, 2019, the expense limit decreased from 0.65% to 0.60%. |
(j) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.62% and 6.23%, respectively. |
Sustainable Future 2065 Fund—Class N | |||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | Period Ended January 31, 2022* | |
Net asset value, beginning of the period | $8.93 | $9.61 | $10.00 |
INCOME (LOSS) FROM INVESTMENT OPERATIONS: | |||
Net investment income(a) | 0.12 | 0.11 | 0.01 |
Net realized and unrealized gain (loss) | 0.93 | (0.67 ) | (0.38 ) |
Total from Investment Operations | 1.05 | (0.56 ) | (0.37 ) |
LESS DISTRIBUTIONS FROM: | |||
Net investment income | (0.12 ) | (0.12 ) | (0.01 ) |
Net realized capital gains | — | — | (0.01 ) |
Total Distributions | (0.12 ) | (0.12 ) | (0.02 ) |
Net asset value, end of the period | $9.86 | $8.93 | $9.61 |
Total return(b) | 11.76 % | (5.69 )% | (3.66 )%(c) |
RATIOS TO AVERAGE NET ASSETS: | |||
Net assets, end of the period (000's) | $3,277 | $2,745 | $2,882 |
Net expenses(d) | 0.28 %(e) | 0.30 %(f)(g) | 0.34 %(h)(i) |
Gross expenses | 5.21 %(e) | 5.58 %(g) | 8.08 %(h)(i) |
Net investment income | 1.26 % | 1.26 % | 1.06 %(h) |
Portfolio turnover rate | 18 % | 42 % | 5 % |
* | From commencement of operations on December 15, 2021 through January 31, 2022. |
(a) | Per share net investment income has been calculated using the average shares outstanding during the period. |
(b) | Had certain expenses not been waived/reimbursed during the period, total returns would have been lower. |
(c) | Periods less than one year are not annualized. |
(d) | The investment adviser agreed to waive its fees and/or reimburse a portion of the Fund’s expenses during the period. Without this waiver/reimbursement, expenses would have been higher. |
(e) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.55% and 5.48%, respectively. |
(f) | Effective June 1, 2022, the expense limit decreased from 0.60% to 0.55%. |
(g) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.57% and 5.85%, respectively. |
(h) | Computed on an annualized basis for periods less than one year. |
(i) | Does not include expenses of the underlying funds in which the Fund invests. Had underlying fund expenses been included, the net and gross expense ratios to average net assets would have been 0.60% and 8.34%, respectively. |
2024 Distributions | 2023 Distributions | |||||
Fund | Ordinary Income | Long-Term Capital Gains | Total | Ordinary Income | Long-Term Capital Gains | Total |
Sustainable Future 2015 Fund | $154,612 | $30,518 | $185,130 | $124,815 | $105,479 | $230,294 |
Sustainable Future 2020 Fund | 102,733 | — | 102,733 | 98,827 | 133,012 | 231,839 |
Sustainable Future 2025 Fund | 236,882 | 34,548 | 271,430 | 150,882 | 159,602 | 310,484 |
Sustainable Future 2030 Fund | 369,559 | 109,780 | 479,339 | 268,759 | 553,694 | 822,453 |
Sustainable Future 2035 Fund | 417,154 | 391,065 | 808,219 | 242,767 | 482,013 | 724,780 |
Sustainable Future 2040 Fund | 375,628 | 240,224 | 615,852 | 199,682 | 384,172 | 583,854 |
Sustainable Future 2045 Fund | 342,934 | 360,324 | 703,258 | 182,305 | 388,210 | 570,515 |
Sustainable Future 2050 Fund | 303,732 | 295,426 | 599,158 | 158,765 | 341,489 | 500,254 |
Sustainable Future 2055 Fund | 248,320 | 267,060 | 515,380 | 126,050 | 216,767 | 342,817 |
Sustainable Future 2060 Fund | 184,943 | 193,069 | 378,012 | 84,100 | 188,297 | 272,397 |
Sustainable Future 2065 Fund | 39,672 | — | 39,672 | 37,166 | — | 37,166 |
Sustainable Future 2015 Fund | Sustainable Future 2020 Fund | Sustainable Future 2025 Fund | Sustainable Future 2030 Fund | Sustainable Future 2035 Fund | |
Undistributed ordinary income | $18,135 | $6,740 | $56,607 | $96,781 | $104,391 |
Undistributed long-term capital gains | 22,023 | — | 126,400 | 150,438 | 122,531 |
Total undistributed earnings | 40,158 | 6,740 | 183,007 | 247,219 | 226,922 |
Unrealized appreciation (depreciation) | (199,248 ) | (181,576 ) | (314,551 ) | (276,771 ) | 20,099 |
Total accumulated earnings (losses) | $(159,090 ) | $(174,836 ) | $(131,544 ) | $(29,552 ) | $247,021 |
Sustainable Future 2040 Fund | Sustainable Future 2045 Fund | Sustainable Future 2050 Fund | Sustainable Future 2055 Fund | Sustainable Future 2060 Fund | Sustainable Future 2065 Fund | |
Undistributed ordinary income | $130,073 | $109,986 | $112,858 | $94,057 | $81,332 | $1,184 |
Undistributed long-term capital gains | 285,021 | 120,347 | 105,382 | 148,936 | 207,871 | — |
Total undistributed earnings | 415,094 | 230,333 | 218,240 | 242,993 | 289,203 | 1,184 |
Capital loss carryforward: | ||||||
Short-term: | ||||||
No expiration date | — | — | — | — | — | (6,298 ) |
Unrealized appreciation (depreciation) | 473,312 | 404,654 | 632,213 | 497,685 | 489,635 | (9,370 ) |
Total accumulated earnings (losses) | $888,406 | $634,987 | $850,453 | $740,678 | $778,838 | $(14,484 ) |
Sustainable Future 2015 Fund | Sustainable Future 2020 Fund | Sustainable Future 2025 Fund | Sustainable Future 2030 Fund | Sustainable Future 2035 Fund | |
Federal tax cost | $5,866,682 | $4,842,710 | $11,052,536 | $17,612,208 | $19,364,934 |
Gross tax appreciation | $279,372 | $241,967 | $498,453 | $762,396 | $1,203,552 |
Gross tax depreciation | (478,620 ) | (423,543 ) | (813,004 ) | (1,039,167 ) | (1,183,453 ) |
Net tax appreciation (depreciation) | $(199,248 ) | $(181,576 ) | $(314,551 ) | $(276,771 ) | $20,099 |
Sustainable Future 2040 Fund | Sustainable Future 2045 Fund | Sustainable Future 2050 Fund | Sustainable Future 2055 Fund | Sustainable Future 2060 Fund | Sustainable Future 2065 Fund | |
Federal tax cost | $21,062,023 | $18,535,710 | $18,973,001 | $15,276,231 | $12,244,339 | $3,329,420 |
Gross tax appreciation | $1,456,549 | $1,428,043 | $1,532,650 | $1,209,984 | $904,650 | $247,140 |
Gross tax depreciation | (983,237 ) | (1,023,389 ) | (900,437 ) | (712,299 ) | (415,015 ) | (256,510 ) |
Net tax appreciation (depreciation) | $473,312 | $404,654 | $632,213 | $497,685 | $489,635 | $(9,370 ) |
Sustainable Future 2015 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $1,429,064 | $— | $— | $1,429,064 |
Bonds and Notes(a) | — | 1,192,763 | — | 1,192,763 |
Exchange-Traded Funds | 188,727 | — | — | 188,727 |
Mutual Funds | 272,806 | — | — | 272,806 |
Affiliated Mutual Funds | 2,433,226 | — | — | 2,433,226 |
Short-Term Investments | — | 150,848 | — | 150,848 |
Total Investments | $4,323,823 | $1,343,611 | $— | $5,667,434 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2020 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $1,434,246 | $— | $— | $1,434,246 |
Bonds and Notes(a) | — | 911,976 | — | 911,976 |
Exchange-Traded Funds | 191,361 | — | — | 191,361 |
Mutual Funds | 261,776 | — | — | 261,776 |
Affiliated Mutual Funds | 1,717,221 | — | — | 1,717,221 |
Short-Term Investments | — | 144,554 | — | 144,554 |
Total Investments | $3,604,604 | $1,056,530 | $— | $4,661,134 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2025 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $3,788,431 | $— | $— | $3,788,431 |
Bonds and Notes(a) | — | 2,069,721 | — | 2,069,721 |
Exchange-Traded Funds | 530,738 | — | — | 530,738 |
Mutual Funds | 795,546 | — | — | 795,546 |
Affiliated Mutual Funds | 3,318,738 | — | — | 3,318,738 |
Short-Term Investments | — | 234,811 | — | 234,811 |
Total Investments | $8,433,453 | $2,304,532 | $— | $10,737,985 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2030 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $6,958,725 | $— | $— | $6,958,725 |
Bonds and Notes(a) | — | 2,937,629 | — | 2,937,629 |
Exchange-Traded Funds | 974,864 | — | — | 974,864 |
Mutual Funds | 1,567,496 | — | — | 1,567,496 |
Affiliated Mutual Funds | 4,345,178 | — | — | 4,345,178 |
Short-Term Investments | — | 551,545 | — | 551,545 |
Total Investments | $13,846,263 | $3,489,174 | $— | $17,335,437 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2035 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $9,032,256 | $— | $— | $9,032,256 |
Bonds and Notes(a) | — | 2,436,092 | — | 2,436,092 |
Exchange-Traded Funds | 1,252,386 | — | — | 1,252,386 |
Mutual Funds | 1,930,457 | — | — | 1,930,457 |
Affiliated Mutual Funds | 4,157,122 | — | — | 4,157,122 |
Short-Term Investments | — | 576,720 | — | 576,720 |
Total Investments | $16,372,221 | $3,012,812 | $— | $19,385,033 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2040 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $11,345,596 | $— | $— | $11,345,596 |
Bonds and Notes(a) | — | 1,807,698 | — | 1,807,698 |
Exchange-Traded Funds | 1,506,731 | — | — | 1,506,731 |
Mutual Funds | 2,359,151 | — | — | 2,359,151 |
Affiliated Mutual Funds | 3,788,417 | — | — | 3,788,417 |
Short-Term Investments | — | 727,742 | — | 727,742 |
Total Investments | $18,999,895 | $2,535,440 | $— | $21,535,335 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2045 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $10,535,432 | $— | $— | $10,535,432 |
Bonds and Notes(a) | — | 858,327 | — | 858,327 |
Exchange-Traded Funds | 1,498,378 | — | — | 1,498,378 |
Mutual Funds | 2,437,443 | — | — | 2,437,443 |
Affiliated Mutual Funds | 3,004,593 | — | — | 3,004,593 |
Short-Term Investments | — | 606,191 | — | 606,191 |
Total Investments | $17,475,846 | $1,464,518 | $— | $18,940,364 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2050 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $11,330,451 | $— | $— | $11,330,451 |
Bonds and Notes(a) | — | 1,057,215 | — | 1,057,215 |
Exchange-Traded Funds | 1,656,704 | — | — | 1,656,704 |
Mutual Funds | 2,636,638 | — | — | 2,636,638 |
Affiliated Mutual Funds | 2,205,812 | — | — | 2,205,812 |
Short-Term Investments | — | 718,394 | — | 718,394 |
Total Investments | $17,829,605 | $1,775,609 | $— | $19,605,214 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2055 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $9,227,081 | $— | $— | $9,227,081 |
Bonds and Notes(a) | — | 638,547 | — | 638,547 |
Exchange-Traded Funds | 1,429,976 | — | — | 1,429,976 |
Mutual Funds | 2,275,602 | — | — | 2,275,602 |
Affiliated Mutual Funds | 1,664,554 | — | — | 1,664,554 |
Short-Term Investments | — | 538,156 | — | 538,156 |
Total Investments | $14,597,213 | $1,176,703 | $— | $15,773,916 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2060 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $7,460,256 | $— | $— | $7,460,256 |
Bonds and Notes(a) | — | 509,724 | — | 509,724 |
Exchange-Traded Funds | 1,163,365 | — | — | 1,163,365 |
Mutual Funds | 1,859,059 | — | — | 1,859,059 |
Affiliated Mutual Funds | 1,354,709 | — | — | 1,354,709 |
Short-Term Investments | — | 386,861 | — | 386,861 |
Total Investments | $11,837,389 | $896,585 | $— | $12,733,974 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
Sustainable Future 2065 Fund | ||||
Asset Valuation Inputs | ||||
Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks(a) | $1,966,457 | $— | $— | $1,966,457 |
Bonds and Notes(a) | — | 126,090 | — | 126,090 |
Exchange-Traded Funds | 294,077 | — | — | 294,077 |
Mutual Funds | 473,159 | — | — | 473,159 |
Affiliated Mutual Funds | 342,702 | — | — | 342,702 |
Short-Term Investments | — | 117,565 | — | 117,565 |
Total Investments | $3,076,395 | $243,655 | $— | $3,320,050 |
(a) | Details of the major categories of the Fund’s investments are reflected within the Portfolio of Investments. |
U.S. Government/ Agency Securities | Other Securities | |||
Fund | Purchases | Sales | Purchases | Sales |
Sustainable Future 2015 Fund | $168,724 | $142,957 | $1,053,091 | $993,650 |
Sustainable Future 2020 Fund | 161,362 | 107,391 | 1,111,309 | 975,934 |
Sustainable Future 2025 Fund | 336,209 | 236,918 | 4,480,488 | 3,010,034 |
Sustainable Future 2030 Fund | 718,084 | 441,152 | 4,899,321 | 4,267,923 |
Sustainable Future 2035 Fund | 433,533 | 195,205 | 5,313,387 | 4,530,085 |
Sustainable Future 2040 Fund | 401,119 | 154,717 | 8,248,688 | 4,491,743 |
Sustainable Future 2045 Fund | 191,694 | 91,585 | 7,130,547 | 4,731,182 |
Sustainable Future 2050 Fund | 215,185 | 78,499 | 7,732,311 | 3,385,676 |
Sustainable Future 2055 Fund | 272,118 | 194,982 | 6,757,166 | 3,707,960 |
Sustainable Future 2060 Fund | 128,266 | 54,819 | 6,542,700 | 2,904,409 |
Sustainable Future 2065 Fund | 23,394 | 13,849 | 673,511 | 494,288 |
Fund | Expense Limit as a Percentage of Average Daily Net Assets |
Sustainable Future 2015 Fund | 0.50 % |
Sustainable Future 2020 Fund | 0.50 % |
Sustainable Future 2025 Fund | 0.51 % |
Sustainable Future 2030 Fund | 0.52 % |
Sustainable Future 2035 Fund | 0.53 % |
Sustainable Future 2040 Fund | 0.54 % |
Sustainable Future 2045 Fund | 0.54 % |
Sustainable Future 2050 Fund | 0.55 % |
Sustainable Future 2055 Fund | 0.55 % |
Sustainable Future 2060 Fund | 0.55 % |
Sustainable Future 2065 Fund | 0.55 % |
Gross Management Fees | Contractual Waivers of Management Fees1 | Voluntary Waivers of Management Fees2 | Reimbursement of Sub-adviser Fees3 | Net Management Fees | Percentage of Average Daily Net Assets | ||
Fund | Gross | Net | |||||
Sustainable Future 2015 Fund | $6,149 | $819 | $348 | $4,982 | $— | 0.12 % | — % |
Sustainable Future 2020 Fund | 5,491 | 785 | 334 | 4,372 | — | 0.13 % | — % |
Sustainable Future 2025 Fund | 13,278 | 1,959 | 892 | 10,427 | — | 0.15 % | — % |
Sustainable Future 2030 Fund | 25,880 | 4,008 | 1,796 | 20,076 | — | 0.16 % | — % |
Sustainable Future 2035 Fund | 30,291 | 4,973 | 2,222 | 23,096 | — | 0.18 % | — % |
Sustainable Future 2040 Fund | 33,626 | 5,801 | 2,461 | 25,364 | — | 0.19 % | — % |
Sustainable Future 2045 Fund | 31,271 | 5,533 | 2,542 | 23,196 | — | 0.19 % | — % |
Sustainable Future 2050 Fund | 31,815 | 5,595 | 2,631 | 23,589 | — | 0.20 % | — % |
Sustainable Future 2055 Fund | 26,842 | 4,752 | 2,345 | 19,745 | — | 0.21 % | — % |
Sustainable Future 2060 Fund | 20,454 | 3,626 | 1,793 | 15,035 | — | 0.21 % | — % |
Sustainable Future 2065 Fund | 6,055 | 1,015 | 510 | 4,530 | — | 0.21 % | — % |
1 | Waiver of Natixis Advisors’ management fee with respect to the AIA U.S. Large Cap Core ESG, AIA U.S. Large Cap Value ESG and AIA U.S. Small/Mid Cap ESG Segments is subject to possible recovery until January 31, 2025. |
2 | Voluntary waiver of Natixis Advisors’ management fee with respect to the AIA International Developed Markets Equity ESG Segment is not subject to recovery under the expense limitation agreements described above. |
3 | Contractual reimbursements of fees paid directly to sub-advisers are subject to possible recovery until January 31, 2025. |
Fund | Sub-Adviser Fees4 | Other Expenses4 | Total Reimbursement4 |
Sustainable Future 2015 Fund | $4,982 | $148,204 | $153,186 |
Sustainable Future 2020 Fund | 4,372 | 149,085 | 153,457 |
Sustainable Future 2025 Fund | 10,427 | 147,424 | 157,851 |
Sustainable Future 2030 Fund | 20,076 | 139,641 | 159,717 |
Sustainable Future 2035 Fund | 23,096 | 139,668 | 162,764 |
Sustainable Future 2040 Fund | 25,364 | 135,729 | 161,093 |
Sustainable Future 2045 Fund | 23,196 | 142,728 | 165,924 |
Sustainable Future 2050 Fund | 23,589 | 142,602 | 166,191 |
Sustainable Future 2055 Fund | 19,745 | 150,067 | 169,812 |
Sustainable Future 2060 Fund | 15,035 | 159,180 | 174,215 |
Sustainable Future 2065 Fund | 4,530 | 135,623 | 140,153 |
4 | Contractual expense reimbursements are subject to possible recovery until January 31, 2025. |
Fund | Administrative Fees |
Sustainable Future 2015 Fund | $2,439 |
Sustainable Future 2020 Fund | 1,883 |
Sustainable Future 2025 Fund | 4,171 |
Sustainable Future 2030 Fund | 7,396 |
Sustainable Future 2035 Fund | 7,974 |
Sustainable Future 2040 Fund | 8,178 |
Sustainable Future 2045 Fund | 7,431 |
Sustainable Future 2050 Fund | 7,200 |
Sustainable Future 2055 Fund | 6,054 |
Sustainable Future 2060 Fund | 4,613 |
Sustainable Future 2065 Fund | 1,329 |
Percentage of Net Assets | |
Sustainable Future 2065 Fund | 90.25 % |
Sustainable Future 2015 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $863,879 | $181,088 | $84,591 | $(5,195 ) | $(13,228 ) | $941,953 | 97,511 | $34,451 |
Loomis Sayles Limited Term Government and Agency Fund, Class N | 633,755 | 124,440 | 79,453 | (3,842 ) | 5,416 | 680,316 | 62,934 | 25,299 |
Mirova Global Green Bond Fund, Class N | 579,164 | 90,806 | 60,527 | (5,385 ) | 18,921 | 622,979 | 73,378 | 13,358 |
Mirova International Sustainable Equity Fund, Class N | 184,929 | 30,934 | 33,479 | 3,395 | 2,199 | 187,978 | 15,863 | 2,576 |
$2,261,727 | $427,268 | $258,050 | $(11,027 ) | $13,308 | $2,433,226 | 249,686 | $75,684 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2020 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $488,752 | $169,441 | $75,805 | $(11,493 ) | $3,896 | $574,791 | 59,502 | $19,346 |
Loomis Sayles Limited Term Government and Agency Fund, Class N | 417,500 | 130,081 | 69,549 | (1,862 ) | 3,937 | 480,107 | 44,414 | 16,655 |
Mirova Global Green Bond Fund, Class N | 411,402 | 110,847 | 63,199 | (8,788 ) | 19,924 | 470,186 | 55,381 | 10,189 |
Mirova International Sustainable Equity Fund, Class N | 180,108 | 47,563 | 41,249 | 520 | 5,195 | 192,137 | 16,214 | 2,555 |
$1,497,762 | $457,932 | $249,802 | $(21,623 ) | $32,952 | $1,717,221 | 175,511 | $48,745 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2025 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $587,917 | $392,734 | $178,024 | $(7,790 ) | $(1,154 ) | $793,683 | 82,162 | $25,573 |
Loomis Sayles Limited Term Government and Agency Fund, Class N | 742,987 | 435,761 | 225,070 | (1,598 ) | 5,758 | 957,838 | 88,607 | 31,556 |
Mirova Global Green Bond Fund, Class N | 800,515 | 447,254 | 240,243 | (2,370 ) | 26,212 | 1,031,368 | 121,480 | 21,926 |
Mirova International Sustainable Equity Fund, Class N | 427,948 | 216,873 | 131,303 | 22,868 | (537 ) | 535,849 | 45,219 | 6,876 |
$2,559,367 | $1,492,622 | $774,640 | $11,110 | $30,279 | $3,318,738 | 337,468 | $85,931 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2030 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $748,991 | $320,770 | $159,213 | $(6,564 ) | $(9,405 ) | $894,579 | 92,607 | $32,348 |
Loomis Sayles Limited Term Government and Agency Fund, Class N | 908,094 | 370,143 | 214,495 | (536 ) | 3,820 | 1,067,026 | 98,707 | 38,955 |
Mirova Global Green Bond Fund, Class N | 1,193,966 | 441,643 | 257,508 | (1,641 ) | 32,229 | 1,408,689 | 165,923 | 32,322 |
Mirova International Sustainable Equity Fund, Class N | 856,643 | 200,627 | 110,866 | 13,026 | 15,454 | 974,884 | 82,269 | 13,637 |
$3,707,694 | $1,333,183 | $742,082 | $4,285 | $42,098 | $4,345,178 | 439,506 | $117,262 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2035 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $751,572 | $249,503 | $100,070 | $(7,957 ) | $(6,794 ) | $886,254 | 91,745 | $30,760 |
Loomis Sayles Limited Term Government and Agency Fund, Class N | 767,746 | 263,501 | 121,021 | (2,373 ) | 5,167 | 913,020 | 84,460 | 32,041 |
Mirova Global Green Bond Fund, Class N | 918,382 | 306,940 | 144,029 | (8,906 ) | 33,127 | 1,105,514 | 130,214 | 23,683 |
Mirova International Sustainable Equity Fund, Class N | 1,098,293 | 265,480 | 151,523 | 15,328 | 24,756 | 1,252,334 | 105,682 | 16,419 |
$3,535,993 | $1,085,424 | $516,643 | $(3,908 ) | $56,256 | $4,157,122 | 412,101 | $102,903 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2040 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $536,055 | $345,452 | $101,706 | $(5,049 ) | $(4,151 ) | $770,601 | 79,773 | $24,880 |
Loomis Sayles Limited Term Government and Agency Fund, Class N | 421,960 | 278,314 | 87,564 | (576 ) | 3,528 | 615,662 | 56,953 | 20,010 |
Mirova Global Green Bond Fund, Class N | 615,246 | 363,069 | 112,489 | (2,962 ) | 22,652 | 885,516 | 104,301 | 19,654 |
Mirova International Sustainable Equity Fund, Class N | 1,086,659 | 525,837 | 143,181 | 21,477 | 25,846 | 1,516,638 | 127,986 | 19,869 |
$2,659,920 | $1,512,672 | $444,940 | $12,890 | $47,875 | $3,788,417 | 369,013 | $84,413 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2045 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $356,319 | $238,426 | $100,390 | $(8,930 ) | $1,774 | $487,199 | 50,434 | $16,219 |
Loomis Sayles Limited Term Government and Agency Fund, Class N | 236,576 | 158,615 | 68,837 | (2,621 ) | 3,916 | 327,649 | 30,310 | 10,958 |
Mirova Global Green Bond Fund, Class N | 499,659 | 298,727 | 142,458 | (8,330 ) | 23,119 | 670,717 | 79,001 | 14,305 |
Mirova International Sustainable Equity Fund, Class N | 1,160,627 | 528,740 | 217,217 | 17,454 | 29,424 | 1,519,028 | 128,188 | 19,401 |
$2,253,181 | $1,224,508 | $528,902 | $(2,427 ) | $58,233 | $3,004,593 | 287,933 | $60,883 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2050 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $125,046 | $123,602 | $30,138 | $(2,722 ) | $(155 ) | $215,633 | 22,322 | $6,798 |
Mirova Global Green Bond Fund, Class N | 191,428 | 169,244 | 47,392 | (2,905 ) | 9,582 | 319,957 | 37,687 | 6,762 |
Mirova International Sustainable Equity Fund, Class N | 1,119,712 | 606,385 | 102,837 | 11,397 | 35,565 | 1,670,222 | 140,947 | 20,939 |
$1,436,186 | $899,231 | $180,367 | $5,770 | $44,992 | $2,205,812 | 200,956 | $34,499 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2055 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Loomis Sayles Inflation Protected Securities Fund, Class N | $— | $13,060 | $2,200 | $(21 ) | $(123 ) | $10,716 | 1,109 | $357 |
Mirova Global Green Bond Fund, Class N | 163,690 | 119,273 | 50,083 | (4,954 ) | 10,166 | 238,092 | 28,044 | 5,076 |
Mirova International Sustainable Equity Fund, Class N | 985,044 | 567,191 | 171,480 | 10,414 | 24,577 | 1,415,746 | 119,472 | 18,152 |
$1,148,734 | $699,524 | $223,763 | $5,439 | $34,620 | $1,664,554 | 148,625 | $23,585 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2060 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Mirova Global Green Bond Fund, Class N | $115,433 | $113,066 | $38,331 | $(1,777 ) | $6,107 | $194,498 | 22,909 | $4,077 |
Mirova International Sustainable Equity Fund, Class N | 692,718 | 558,628 | 124,579 | 9,613 | 23,831 | 1,160,211 | 97,908 | 14,479 |
$808,151 | $671,694 | $162,910 | $7,836 | $29,938 | $1,354,709 | 120,817 | $18,556 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Sustainable Future 2065 Fund | ||||||||
Fund | Beginning Value | Purchase Cost(1) | Sales Proceeds | Realized Gain (Loss) | Change in Unrealized Gain (Loss) | Ending Value | Shares as of January 31, 2024 | Distribution Received(2) |
Mirova Global Green Bond Fund, Class N | $39,714 | $13,527 | $5,085 | $(1,133 ) | $2,080 | $49,103 | 5,784 | $1,060 |
Mirova International Sustainable Equity Fund, Class N | 251,068 | 42,620 | 8,764 | (1,086 ) | 9,761 | 293,599 | 24,776 | 3,854 |
$290,782 | $56,147 | $13,849 | $(2,219 ) | $11,841 | $342,702 | 30,560 | $4,914 |
(1) | Purchase cost includes dividend reinvested, if any. |
(2) | Distributions received includes distributions from net investment income and from capital gains, if any. |
Fund | Payable to Custodian Bank |
Sustainable Future 2025 Fund | $46,049 |
Sustainable Future 2045 Fund | 749 |
Sustainable Future 2055 Fund | 6,151 |
Sustainable Future 2060 Fund | 692 |
Fund | Number of 5% Account Holders | Percentage of Ownership |
Sustainable Future 2015 Fund | 5 | 86.66 % |
Sustainable Future 2020 Fund | 4 | 51.83 % |
Sustainable Future 2025 Fund | 4 | 28.37 % |
Sustainable Future 2030 Fund | 2 | 20.77 % |
Sustainable Future 2035 Fund | 4 | 33.56 % |
Sustainable Future 2040 Fund | 2 | 11.53 % |
Sustainable Future 2045 Fund | 2 | 11.92 % |
Sustainable Future 2050 Fund | 2 | 12.74 % |
Sustainable Future 2055 Fund | 2 | 12.40 % |
Sustainable Future 2060 Fund | 3 | 21.08 % |
Sustainable Future 2015 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 71,010 | $624,594 | 139,960 | $1,187,847 |
Issued in connection with the reinvestment of distributions | 20,604 | 185,130 | 26,994 | 230,294 |
Redeemed | (83,914 ) | (720,682 ) | (35,013 ) | (311,095 ) |
Increase from capital share transactions | 7,700 | $89,042 | 131,941 | $1,107,046 |
Sustainable Future 2020 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 112,223 | $945,215 | 350,454 | $2,992,322 |
Issued in connection with the reinvestment of distributions | 11,726 | 102,716 | 28,136 | 231,829 |
Redeemed | (103,646 ) | (858,963 ) | (334,574 ) | (2,876,059 ) |
Increase from capital share transactions | 20,303 | $188,968 | 44,016 | $348,092 |
Sustainable Future 2025 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 459,876 | $4,686,582 | 445,043 | $4,311,441 |
Issued in connection with the reinvestment of distributions | 23,742 | 250,449 | 29,762 | 294,599 |
Redeemed | (325,146 ) | (3,356,739 ) | (576,283 ) | (5,870,891 ) |
Increase (decrease) from capital share transactions | 158,472 | $1,580,292 | (101,478 ) | $(1,264,851 ) |
Sustainable Future 2030 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 467,883 | $5,177,926 | 594,523 | $6,386,317 |
Issued in connection with the reinvestment of distributions | 41,899 | 479,152 | 77,985 | 822,331 |
Redeemed | (400,071 ) | (4,413,705 ) | (523,893 ) | (5,565,077 ) |
Increase from capital share transactions | 109,711 | $1,243,373 | 148,615 | $1,643,571 |
Sustainable Future 2035 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 446,766 | $4,902,869 | 671,810 | $7,037,782 |
Issued in connection with the reinvestment of distributions | 71,604 | 806,536 | 67,515 | 719,460 |
Redeemed | (373,199 ) | (4,108,323 ) | (267,401 ) | (2,779,480 ) |
Increase from capital share transactions | 145,171 | $1,601,082 | 471,924 | $4,977,762 |
Sustainable Future 2040 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 770,189 | $8,498,170 | 662,559 | $6,770,668 |
Issued in connection with the reinvestment of distributions | 53,476 | 612,872 | 55,789 | 582,231 |
Redeemed | (416,053 ) | (4,607,415 ) | (235,533 ) | (2,410,520 ) |
Increase from capital share transactions | 407,612 | $4,503,627 | 482,815 | $4,942,379 |
Sustainable Future 2045 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 673,246 | $7,733,360 | 471,687 | $5,108,149 |
Issued in connection with the reinvestment of distributions | 58,720 | 699,932 | 52,309 | 570,472 |
Redeemed | (435,268 ) | (5,029,982 ) | (143,258 ) | (1,568,971 ) |
Increase from capital share transactions | 296,698 | $3,403,310 | 380,738 | $4,109,650 |
Sustainable Future 2050 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 668,914 | $7,559,556 | 507,319 | $5,353,485 |
Issued in connection with the reinvestment of distributions | 50,674 | 595,813 | 46,503 | 498,627 |
Redeemed | (265,151 ) | (2,992,092 ) | (193,651 ) | (2,032,878 ) |
Increase from capital share transactions | 454,437 | $5,163,277 | 360,171 | $3,819,234 |
Sustainable Future 2055 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 656,250 | $7,305,146 | 431,048 | $4,474,126 |
Issued in connection with the reinvestment of distributions | 44,207 | 514,313 | 32,253 | 342,480 |
Redeemed | (383,165 ) | (4,234,651 ) | (121,648 ) | (1,248,921 ) |
Increase from capital share transactions | 317,292 | $3,584,808 | 341,653 | $3,567,685 |
Sustainable Future 2060 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 611,448 | $6,651,085 | 386,058 | $3,970,864 |
Issued in connection with the reinvestment of distributions | 33,213 | 378,000 | 26,363 | 272,396 |
Redeemed | (277,853 ) | (3,011,857 ) | (151,010 ) | (1,528,897 ) |
Increase from capital share transactions | 366,808 | $4,017,228 | 261,411 | $2,714,363 |
Sustainable Future 2065 Fund | ||||
Year Ended January 31, 2024 | Year Ended January 31, 2023 | |||
Shares | Amount | Shares | Amount | |
Class N | ||||
Issued from the sale of shares | 25,918 | $243,224 | 9,277 | $77,896 |
Issued in connection with the reinvestment of distributions | 357 | 3,522 | 123 | 986 |
Redeemed | (1,371 ) | (12,278 ) | (1,836 ) | (15,021 ) |
Increase from capital share transactions | 24,904 | $234,468 | 7,564 | $63,861 |
Fund | Qualifying Percentage |
Sustainable Future 2015 Fund | 9.87 % |
Sustainable Future 2020 Fund | 15.04 % |
Sustainable Future 2025 Fund | 13.62 % |
Sustainable Future 2030 Fund | 17.75 % |
Sustainable Future 2035 Fund | 20.33 % |
Sustainable Future 2040 Fund | 23.46 % |
Sustainable Future 2045 Fund | 25.31 % |
Sustainable Future 2050 Fund | 27.70 % |
Sustainable Future 2055 Fund | 28.55 % |
Sustainable Future 2060 Fund | 27.90 % |
Sustainable Future 2065 Fund | 53.23 % |
Fund | Qualifying Percentage |
Sustainable Future 2015 Fund | 11.26 % |
Sustainable Future 2020 Fund | 16.30 % |
Sustainable Future 2025 Fund | 16.96 % |
Sustainable Future 2030 Fund | 22.61 % |
Sustainable Future 2035 Fund | 24.70 % |
Sustainable Future 2040 Fund | 31.09 % |
Sustainable Future 2045 Fund | 32.87 % |
Sustainable Future 2050 Fund | 37.01 % |
Sustainable Future 2055 Fund | 38.68 % |
Sustainable Future 2060 Fund | 39.08 % |
Sustainable Future 2065 Fund | 54.86 % |
Fund | Amount |
Sustainable Future 2015 Fund | $30,518 |
Sustainable Future 2025 Fund | 34,548 |
Sustainable Future 2030 Fund | 109,780 |
Sustainable Future 2035 Fund | 391,065 |
Sustainable Future 2040 Fund | 240,224 |
Sustainable Future 2045 Fund | 360,324 |
Sustainable Future 2050 Fund | 295,426 |
Sustainable Future 2055 Fund | 267,060 |
Sustainable Future 2060 Fund | 193,069 |
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen2and Other Directorships Held During Past 5 Years | Experience, Qualifications, Attributes, Skills for Board Membership |
Independent Trustees | ||||
Edmond J. English (1953) | Trustee since 2013 Contract Review Committee Member | Executive Chairman of Bob’s Discount Furniture (retail) | 51 Director, Burlington Stores, Inc. (retail); Director, Rue La La (e-commerce retail) | Significant experience on the Board and on the boards of other business organizations (including retail companies and a bank); executive experience (including at a retail company) |
Richard A. Goglia (1951) | Trustee since 2015 Chairperson of the Audit Committee | Retired | 51 Formerly, Director of Triumph Group (aerospace industry) | Significant experience on the Board and executive experience (including his role as Vice President and treasurer of a defense company and experience at a financial services company) |
Martin T. Meehan (1956) | Trustee since 2012 Chairperson of the Governance Committee and Contract Review Committee Member | President, University of Massachusetts | 51 None | Significant experience on the Board and on the boards of other business organizations; experience as President of the University of Massachusetts; government experience (including as a member of the U.S. House of Representatives); academic experience |
Maureen B. Mitchell (1951) | Trustee since 2017 Chairperson of the Contract Review Committee | Retired | 51 Director, Sterling Bancorp (bank) | Significant experience on the Board; financial services industry and executive experience (including role as President of global sales and marketing at a financial services company) |
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen2and Other Directorships Held During Past 5 Years | Experience, Qualifications, Attributes, Skills for Board Membership |
Independent Trustees − continued | ||||
James P. Palermo (1955) | Trustee since 2016 Audit Committee Member and Governance Committee Member | Founding Partner, Breton Capital Management, LLC (private equity); formerly, Partner, STEP Partners, LLC (private equity) | 51 Director, Candidly (chemicals and biofuels) | Significant experience on the Board; financial services industry and executive experience (including roles as Chief Executive Officer of client management and asset servicing for a banking and financial services company) |
Erik R. Sirri (1958) | Chairperson of the Board of Trustees since 2021 Trustee since 2009 Ex Officio member of the Audit Committee, Contract Review Committee and Governance Committee | Retired; formerly, Professor of Finance at Babson College | 51 None | Significant experience on the Board; experience as Director of the Division of Trading and Markets at the Securities and Exchange Commission; academic experience; training as an economist |
Peter J. Smail (1952) | Trustee since 2009 Contract Review Committee Member | Retired | 51 None | Significant experience on the Board; mutual fund industry and executive experience (including roles as President and Chief Executive Officer for an investment adviser) |
Name and Year of Birth | Position(s) Held with the Trust, Length of Time Served and Term of Office1 | Principal Occupation(s) During Past 5 Years | Number of Portfolios in Fund Complex Overseen2and Other Directorships Held During Past 5 Years | Experience, Qualifications, Attributes, Skills for Board Membership |
Independent Trustees − continued | ||||
Kirk A. Sykes (1958) | Trustee since 2019 Audit Committee Member and Governance Committee Member | Managing Director of Accordia Partners, LLC (real estate development); President of Primary Corporation (real estate development); Managing Principal of Merrick Capital Partners (infrastructure finance) | 51 Advisor/Risk Management Committee, Eastern Bank (bank); Director, Apartment Investment and Management Company (real estate investment trust); formerly, Director, Ares Commercial Real Estate Corporation (real estate investment trust) | Experience on the Board and experience on the boards of other business organizations (including real estate companies and banks) |
Cynthia L. Walker (1956) | Trustee since 2005 Audit Committee and Governance Committee Member | Retired; formerly, Deputy Dean for Finance and Administration, Yale University School of Medicine | 51 None | Significant experience on the Board; executive experience in a variety of academic organizations (including roles as dean for finance and administration) |
Interested Trustees | ||||
Kevin P. Charleston3 (1965) One Financial Center Boston, MA 02111 | Trustee since 2015 | President, Chief Executive Officer and Chairman of the Board of Directors, Loomis, Sayles & Company, L.P. | 51 None | Significant experience on the Board; continuing service as President, Chief Executive Officer and Chairman of the Board of Directors of Loomis, Sayles & Company, L.P. |
David L. Giunta4 (1965) | Trustee since 2011 President and Chief Executive Officer of Natixis Funds Trust IV since 2008 | President and Chief Executive Officer, Natixis Advisors, LLC and Natixis Distribution, LLC | 51 None | Significant experience on the Board; experience as President and Chief Executive Officer of Natixis Advisors, LLC and Natixis Distribution, LLC |
1 | Each Trustee serves until retirement, resignation, or removal from the Board. The current retirement age is 75. The position of Chairperson of the Board is appointed for a three-year term. |
2 | The Trustees of the Trust serve as Trustees of a fund complex that includes all series of the Natixis Funds Trust I, Natixis Funds Trust II, Natixis Funds Trust IV, Gateway Trust, Loomis Sayles Funds I, Loomis Sayles Funds II, Natixis ETF Trust, and Natixis ETF Trust II (collectively, the “Fund Complex”). |
3 | Mr. Charleston is deemed an “interested person” of the Trust because he holds the following positions with an affiliated person of the Trust: President, Chief Executive Officer and Chairman of the Board of Directors of Loomis, Sayles & Company, L.P. |
4 | Mr. Giunta is deemed an “interested person” of the Trust because he holds the following positions with an affiliated person of the Trust: President and Chief Executive Officer, Natixis Advisors, LLC and Natixis Distribution, LLC. |
Name and Year of Birth | Position(s) Held with the Trust | Term of Office1 and Length of Time Served | Principal Occupation(s) During Past 5 Years2 |
Officers of the Trust | |||
Matthew J. Block (1981) | Treasurer, Principal Financial and Accounting Officer | Since 2022 | Senior Vice President, Natixis Advisors, LLC and Natixis Distribution, LLC; formerly, Vice President, Natixis Advisors, LLC and Natixis Distribution, LLC; Assistant Treasurer of the Fund Complex |
Susan McWhan Tobin (1963) | Secretary and Chief Legal Officer | Since 2022 | Executive Vice President, General Counsel and Secretary, Natixis Advisors, LLC and Natixis Distribution, LLC; formerly, Executive Vice President and Chief Compliance Officer of Natixis Investment Managers (March 2019 – May 2022) and Senior Vice President and Head of Compliance, U.S. for Natixis Investment Managers (July 2011 – March 2019) |
Natalie R. Wagner (1979) | Chief Compliance Officer, Assistant Secretary and Anti-Money Laundering Officer | Since 2021 | Senior Vice President, Natixis Advisors, LLC and Natixis Distribution, LLC; formerly, Vice President, Head of Corporate Compliance, Global Atlantic Financial Group |
1 | Each officer of the Trust serves for an indefinite term in accordance with the Trust's current by-laws until the date his or her successor is elected and qualified, or until he or she sooner dies, retires, is removed or becomes disqualified. |
2 | Each person listed above, except as noted, holds the same position(s) with the Fund Complex. Previous positions during the past five years with Natixis Distribution, LLC, Natixis Advisors, LLC or Loomis, Sayles & Company, L.P. are omitted, if not materially different from an officer’s current position with such entity. |
Visit: im.natixis.com Call: 800-225-5478
Natixis Advisors, LLC
888 Boylston Street, Suite 800
Boston, MA 02199-8197
Exp 3/31/255521317.2.1NSFF58A-0124
(b) | Not Applicable. |
Item 2. Code of Ethics.
The Registrant has adopted a code of ethics that applies to the Registrant’s principal executive officer, principal financial officer and persons performing similar functions. There have been no amendments or waivers of the Registrant’s code of ethics during the period.
Item 3. Audit Committee Financial Expert.
The Board of Trustees of the Registrant has established an audit committee. Mr. Richard A. Goglia, Mr. James P. Palermo, Mr. Kirk A. Sykes and Ms. Cynthia L. Walker are members of the audit committee and have been designated as “audit committee financial experts” by the Board of Trustees. Each of these individuals is also an Independent Trustee of the Registrant.
Item 4. Principal Accountant Fees and Services.
Fees billed by the Principal Accountant for services rendered to the Registrant.
The table below sets forth fees billed by the principal accountant, PricewaterhouseCoopers LLP, for the past two fiscal years for professional services rendered in connection with a) the audit of the Registrant’s annual financial statements and services provided in connection with regulatory filings; b) audit-related services (including services that are reasonably related to the performance of the audit of the Registrant’s financial statements but not reported under “Audit Fees”); c) tax compliance, tax advice and tax planning and d) all other fees billed for professional services rendered by the principal accountant to the Registrant, other than the services reported as a part of (a) through (c) of this Item.
Audit fees | Audit-related fees1 | Tax fees2 | All other fees | |||||||||||||||||||||||||||||
2/1/22- 1/31/23 | 2/1/23- 1/31/24 | 2/1/22- 1/31/23 | 2/1/23- 1/31/24 | 2/1/22- 1/31/23 | 2/1/23- 1/31/24 | 2/1/22- 1/31/23 | 2/1/23- 1/31/24 | |||||||||||||||||||||||||
Natixis Funds Trust IV | $ | 352,861 | $ | 363,452 | $ | 42 | $ | 48 | $ | 83,504 | $ | 86,008 | $ | — | $ | — |
1. | Audit-related fees consist of: |
2023 & 2024 – performance of agreed-upon procedures related to the Registrant’s deferred compensation plan.
2. | Tax fees consist of: |
2023 & 2024 – review of Registrant’s tax returns.
Aggregate fees billed to the Registrant for non-audit services during 2023 and 2024 were $83,546 and $86,056, respectively.
Fees billed by the Principal Accountant for services rendered to the Adviser and Control Affiliates.
The following table sets forth the fees billed by the Registrant’s principal accountant for non-audit services rendered to AEW Capital Management, L.P (“AEW”), Natixis Advisors, LLC (“Natixis Advisors”), and entities controlling, controlled by or under common control with AEW and Natixis Advisors (“Control Affiliates”) that provide ongoing services to the Registrant, for engagements that related directly to the operations and financial reporting of the Registrant for the last two fiscal years.
Audit-related fees | Tax fees | All other fees | ||||||||||||||||||||||
2/1/22- 1/31/23 | 2/1/23- 1/31/24 | 2/1/22- 1/31/23 | 2/1/23- 1/31/24 | 2/1/22- 1/31/23 | 2/1/23- 1/31/24 | |||||||||||||||||||
Control Affiliates | $ | — | $ | — | $ | 28,621 | $ | 17,898 | $ | 50,000 | $ | — |
The following table sets forth the aggregate fees billed by the Registrant’s principal accountant for non-audit services rendered to AEW, Natixis Advisors, and Control Affiliates that provide ongoing services to the Registrant, for the last two fiscal years, including the fees disclosed in the table above.
Aggregate Non-Audit Fees | ||||||||
2/1/22-1/31/23 | 2/1/23-1/31/24 | |||||||
Control Affiliates | $ | 428,851 | $ | 382,543 |
None of the services described above were approved pursuant to paragraph (c)(7)(i)(C) of Regulation S-X.
Audit Committee Pre-Approval Policies.
Annually, the Registrant’s Audit Committee reviews the audit, audit-related, tax and other non-audit services together with the projected fees, for services proposed to be rendered to the Registrant and/or other entities for which pre-approval is required during the upcoming year. Any subsequent revisions to already pre-approved services or fees (including fee increases) and requests for pre-approval of new services would be presented for consideration quarterly as needed.
If, in the opinion of management, a proposed engagement by the Registrant’s independent accountants needs to commence before the next regularly scheduled Audit Committee meeting, any member of the Audit Committee who is an independent Trustee of the Registrant is authorized to pre-approve the engagement, but only for engagements to provide audit, audit related and tax services. This approval is subject to review by the full Audit Committee at its next quarterly meeting. All other engagements require the approval of all the members of the Audit Committee.
Item 5. Audit Committee of Listed Registrants.
Not applicable.
Item 6. Schedule of Investments.
Included as part of the Report to Shareholders filed as Item 1 herewith.
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Companies and Affiliated Purchasers.
Not applicable.
Item 10. Submission of Matters to a Vote of Securities Holders.
There were no material changes to the procedures by which shareholders may recommend nominees to the Registrant’s Board of Trustees.
Item 11. Controls and Procedures.
The Registrant’s principal executive officer and principal financial officer have concluded that the Registrant’s disclosure controls and procedures are sufficient to ensure that information required to be disclosed by the Registrant in this Form N-CSR was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms, based upon such officers’ evaluation of these controls and procedures as of a date within 90 days of the filing date of the report.
There were no changes in the Registrant’s internal control over financial reporting that occurred during the period covered by the report that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13. Recovery of Erroneously Awarded Compensation.
Not applicable.
Item 14. Exhibits.
(a) (1) | Code of Ethics required by Item 2 hereof, filed herewith as Exhibit (a)(1). |
(a) (2) |
(b) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Natixis Funds Trust IV | ||
By: | /s/ David L. Giunta | |
Name: | David L. Giunta | |
Title: | President and Chief Executive Officer | |
Date: | March 22, 2024 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
By: | /s/ David L. Giunta | |
Name: | David L. Giunta | |
Title: | President and Chief Executive Officer | |
Date: | March 22, 2024 | |
By: | /s/ Matthew Block | |
Name: | Matthew Block | |
Title: | Treasurer and Principal Financial and | |
Accounting Officer | ||
Date: | March 22, 2024 |