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As Of Filer Filing For·On·As Docs:Size Issuer Agent 8/28/18 GPS Funds I N-Q 6/30/18 2:3.0M Donnelley … Solutions/FA → GuideMark® Core Fixed Income Fund ⇒ Institutional Shares (GICFX) — Service Shares (GMCOX) → GuideMark® Emerging Markets Fund ⇒ Institutional Shares (GILVX) — Service Shares (GMLVX) → GuideMark® Large Cap Core Fund ⇒ Institutional Shares (GILGX) — Service Shares (GMLGX) → GuideMark® Small/Mid Cap Core Fund ⇒ Institutional Shares (GISMX) — Service Shares (GMSMX) → GuideMark® Tax-Exempt Fixed Income Fund ⇒ Service Shares (GMTEX) → GuideMark® World ex-US Fund ⇒ Institutional Shares (GIWEX) — Service Shares (GMWEX) |
Document/Exhibit Description Pages Size 1: N-Q Quarterly Schedule of Portfolio Holdings of a HTML 2.01M Management Investment Company 2: EX-99.CERT Miscellaneous Exhibit HTML 17K
N-Q |
As filed with the Securities and Exchange Commission on August 28, 2018
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS
OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number:
GPS Funds I
(Exact name of registrant as specified in charter)
1655 Grant Street, 10th Floor
(Address of principal executive offices) (Zip code)
Patrick R. Young
AssetMark, Inc.
1655 Grant Street, 10th Floor
(Name and address of agent for service)
(800) 664-5345
Registrant’s telephone number, including area code
Date of fiscal year end: March 31, 2019
Date of reporting period: June 30, 2018
Item 1. Schedule of Investments.
GuideMark® Large Cap Core Fund
Schedule of Investments (Unaudited)
Number of Shares |
Value | |||||||
COMMON STOCKS—94.49% |
||||||||
Aerospace & Defense—2.15% |
||||||||
5,299 | Boeing Co. | $ | 1,777,867 | |||||
4,616 | BWX Technologies, Inc. | 287,669 | ||||||
1,885 | Curtiss-Wright Corp. | 224,353 | ||||||
831 | General Dynamics Corp. | 154,907 | ||||||
1,742 | Harris Corp. | 251,789 | ||||||
3,978 | HEICO Corp. (a) | 290,079 | ||||||
5,590 | HEICO Corp.—Class A | 340,710 | ||||||
3,307 | Hexcel Corp. (a) | 219,519 | ||||||
1,399 | L3 Technologies, Inc. | 269,056 | ||||||
1,617 | Lockheed Martin Corp. | 477,710 | ||||||
1,269 | Northrop Grumman Corp. | 390,471 | ||||||
2,212 | Raytheon Co. | 427,314 | ||||||
2,403 | Rockwell Collins, Inc. | 323,636 | ||||||
3,279 | Spirit AeroSystems Holdings, Inc.—Class A | 281,699 | ||||||
655 | Teledyne Technologies, Inc. (b) | 130,384 | ||||||
5,121 | Textron, Inc. | 337,525 | ||||||
647 | TransDigm Group, Inc. | 223,306 | ||||||
2,791 | United Technologies Corp. | 348,959 | ||||||
|
|
|||||||
6,756,953 | ||||||||
|
|
|||||||
Air Freight & Logistics—0.38% |
||||||||
4,858 | C.H. Robinson Worldwide, Inc. | 406,420 | ||||||
1,367 | Expeditors International of Washington, Inc. | 99,928 | ||||||
1,673 | FedEx Corp. | 379,871 | ||||||
3,130 | XPO Logistics, Inc. (b) | 313,564 | ||||||
|
|
|||||||
1,199,783 | ||||||||
|
|
|||||||
Airlines—0.64% |
||||||||
3,425 | Alaska Air Group, Inc. | 206,836 | ||||||
5,300 | Copa Holdings SA—Class A | 501,486 | ||||||
7,343 | Delta Air Lines, Inc. | 363,772 |
34,862 | JetBlue Airways Corp. (b) | 661,681 | ||||||
5,419 | Southwest Airlines Co. | 275,718 | ||||||
|
|
|||||||
2,009,493 | ||||||||
|
|
|||||||
Auto Components—0.16% |
||||||||
1,478 | Aptiv Plc | 135,429 | ||||||
4,016 | Gentex Corp. | 92,448 | ||||||
1,521 | Lear Corp. | 282,617 | ||||||
|
|
|||||||
510,494 | ||||||||
|
|
|||||||
Automobiles—0.22% |
||||||||
54,522 | Ford Motor Co. | 603,559 | ||||||
895 | Thor Industries, Inc. | 87,164 | ||||||
|
|
|||||||
690,723 | ||||||||
|
|
|||||||
Banks—4.00% |
||||||||
86,978 | Bank of America Corp. | 2,451,910 | ||||||
6,215 | BankUnited, Inc. | 253,883 | ||||||
3,195 | BB&T Corp. | 161,156 | ||||||
11,730 | Citigroup, Inc. | 784,971 | ||||||
5,507 | Citizens Financial Group, Inc. | 214,222 | ||||||
1,599 | Comerica, Inc. | 145,381 | ||||||
13,688 | Fifth Third Bancorp | 392,845 | ||||||
6,847 | Huntington Bancshares, Inc. | 101,062 | ||||||
34,258 | JPMorgan Chase & Co. | 3,569,684 | ||||||
10,876 | KeyCorp | 212,517 | ||||||
644 | M&T Bank Corp. | 109,577 | ||||||
3,657 | PNC Financial Services Group, Inc. | 494,061 | ||||||
12,499 | Regions Financial Corp. | 222,232 | ||||||
3,299 | SunTrust Banks, Inc. | 217,800 | ||||||
519 | SVB Financial Group (b) | 149,866 | ||||||
1,153 | Synovus Financial Corp. | 60,913 | ||||||
10,981 | TCF Financial Corp. | 270,352 | ||||||
9,788 | U.S. Bancorp (a) | 489,596 | ||||||
2,687 | Umpqua Holdings Corp. | 60,699 | ||||||
37,211 | Wells Fargo & Co. | 2,062,978 | ||||||
2,387 | Zions Bancorporation (a) | 125,771 | ||||||
|
|
|||||||
12,551,476 | ||||||||
|
|
|||||||
Beverages—1.32% |
||||||||
5,084 | Brown-Forman Corp.—Class A | 248,404 | ||||||
7,833 | Brown-Forman Corp.—Class B | 383,895 |
1,548 | Constellation Brands, Inc.—Class A | 338,811 | ||||||
2,272 | Dr. Pepper Snapple Group, Inc. | 277,184 | ||||||
11,052 | Molson Coors Brewing Co.—Class B (a) | 751,978 | ||||||
8,084 | Monster Beverage Corp. (b) | 463,213 | ||||||
10,128 | PepsiCo, Inc. | 1,102,636 | ||||||
12,810 | The Coca-Cola Co. | 561,847 | ||||||
|
|
|||||||
4,127,968 | ||||||||
|
|
|||||||
Biotechnology—1.59% |
||||||||
678 | Agios Pharmaceuticals, Inc. (b) | 57,108 | ||||||
1,868 | Alkermes Plc (b) | 76,887 | ||||||
5,208 | Amgen, Inc. | 961,345 | ||||||
2,207 | Biogen, Inc. (b) | 640,560 | ||||||
392 | Bluebird Bio, Inc. (b) | 61,524 | ||||||
5,110 | Celgene Corp. (b) | 405,836 | ||||||
14,326 | Gilead Sciences, Inc. | 1,014,854 | ||||||
2,204 | Neurocrine Biosciences, Inc. (b) | 216,521 | ||||||
1,772 | Sarepta Therapeutics, Inc. (b) | 234,223 | ||||||
3,648 | Seattle Genetics, Inc. (b) | 242,191 | ||||||
3,950 | United Therapeutics Corp. (b) | 446,942 | ||||||
3,611 | Vertex Pharmaceuticals, Inc. (b) | 613,725 | ||||||
|
|
|||||||
4,971,716 | ||||||||
|
|
|||||||
Building Products—0.59% |
||||||||
2,381 | A. O. Smith Corp. | 140,836 | ||||||
2,446 | Allegion Plc | 189,223 | ||||||
4,021 | Armstrong World Industries, Inc. (b) | 254,127 | ||||||
1,934 | Lennox International, Inc. (a) | 387,090 | ||||||
6,400 | Masco Corp. | 239,488 | ||||||
8,076 | Owens Corning, Inc. | 511,776 | ||||||
2,708 | USG Corp. (b) | 116,769 | ||||||
|
|
|||||||
1,839,309 | ||||||||
|
|
|||||||
Capital Markets—2.56% |
||||||||
1,782 | Ameriprise Financial, Inc. | 249,266 | ||||||
714 | BlackRock, Inc. | 356,315 | ||||||
3,380 | Cboe Global Markets, Inc. | 351,757 | ||||||
2,546 | CME Group, Inc. | 417,340 | ||||||
5,454 | E*TRADE Financial Corp. (b) | 333,567 | ||||||
4,676 | Eaton Vance Corp. | 244,041 | ||||||
1,740 | Evercore Partners, Inc.—Class A | 183,483 |
2,038 | FactSet Research Systems, Inc. | 403,728 | ||||||
2,193 | Intercontinental Exchange, Inc. | 161,295 | ||||||
2,290 | Invesco Ltd. | 60,822 | ||||||
2,319 | Lazard Ltd.—Class A | 113,422 | ||||||
11,043 | Legg Mason, Inc. | 383,523 | ||||||
5,784 | LPL Financial Holdings, Inc. (a) | 379,083 | ||||||
1,135 | MarketAxess Holdings, Inc. | 224,571 | ||||||
2,479 | Moody’s Corp. | 422,818 | ||||||
6,875 | Morgan Stanley | 325,875 | ||||||
2,098 | Morningstar, Inc. | 269,069 | ||||||
4,098 | MSCI, Inc. | 677,932 | ||||||
670 | Raymond James Financial, Inc. | 59,865 | ||||||
4,749 | S&P Global, Inc. | 968,274 | ||||||
4,793 | SEI Investments Co. | 299,658 | ||||||
4,458 | T. Rowe Price Group, Inc. | 517,529 | ||||||
3,659 | TD Ameritrade Holding Corp. (a) | 200,403 | ||||||
1,184 | The Bank of New York Mellon Corp. | 63,853 | ||||||
5,139 | The Charles Schwab Corp. | 262,603 | ||||||
3,152 | Virtu Financial, Inc.—Class A | 83,686 | ||||||
|
|
|||||||
8,013,778 | ||||||||
|
|
|||||||
Chemicals—0.72% |
||||||||
2,852 | CF Industries Holdings, Inc. | 126,629 | ||||||
5,793 | DowDuPont, Inc. | 381,875 | ||||||
1,513 | Eastman Chemical Co. | 151,239 | ||||||
1,295 | Ecolab, Inc. | 181,727 | ||||||
12,081 | Huntsman Corp. | 352,765 | ||||||
967 | International Flavors & Fragrances, Inc. | 119,869 | ||||||
802 | LyondellBasell Industries NV—Class A | 88,100 | ||||||
370 | NewMarket Corp. (a) | 149,665 | ||||||
1,175 | PPG Industries, Inc. (a) | 121,883 | ||||||
605 | Praxair, Inc. | 95,681 | ||||||
3,878 | RPM International, Inc. | 226,165 | ||||||
5,630 | Valvoline, Inc. (a) | 121,439 | ||||||
1,406 | Westlake Chemical Corp. | 151,328 | ||||||
|
|
|||||||
2,268,365 | ||||||||
|
|
|||||||
Commercial Services & Supplies—0.68% |
||||||||
2,214 | Avery Dennison Corp. |
226,049 | ||||||
1,378 | Cintas Corp. |
255,027 |
1,142 | Clean Harbors, Inc. (b) | 63,438 | ||||||
2,496 | Copart, Inc. (b) | 141,174 | ||||||
1,154 | KAR Auction Services, Inc. | 63,239 | ||||||
15,756 | Rollins, Inc. | 828,451 | ||||||
4,522 | Stericycle, Inc. (b) | 295,241 | ||||||
3,356 | Waste Management, Inc. | 272,977 | ||||||
|
|
|||||||
2,145,596 | ||||||||
|
|
|||||||
Communications Equipment—1.42% | ||||||||
2,387 | Arista Networks, Inc. (a)(b) | 614,629 | ||||||
22,099 | ARRIS International Plc (b) | 540,210 | ||||||
36,455 | Cisco Systems, Inc. | 1,568,659 | ||||||
3,219 | CommScope Holding Co., Inc. (a)(b) | 94,011 | ||||||
3,150 | F5 Networks, Inc. (b) | 543,218 | ||||||
12,014 | Juniper Networks, Inc. | 329,424 | ||||||
1,263 | Motorola Solutions, Inc. | 146,975 | ||||||
1,307 | Palo Alto Networks, Inc. (b) | 268,549 | ||||||
1,545 | QUALCOMM, Inc. | 86,705 | ||||||
3,029 | Ubiquiti Networks, Inc. (a)(b) | 256,617 | ||||||
|
|
|||||||
4,448,997 | ||||||||
|
|
|||||||
Construction & Engineering—0.49% |
||||||||
28,288 | AECOM (a)(b) | 934,353 | ||||||
3,276 | Fluor Corp. | 159,803 | ||||||
7,051 | Jacobs Engineering Group, Inc. | 447,668 | ||||||
|
|
|||||||
1,541,824 | ||||||||
|
|
|||||||
Consumer Finance—0.91% |
||||||||
21,372 | Ally Financial, Inc. | 561,442 | ||||||
2,864 | American Express Co. | 280,672 | ||||||
1,060 | Credit Acceptance Corp. (a)(b) | 374,604 | ||||||
2,265 | Discover Financial Services | 159,479 | ||||||
39,101 | Navient Corp. | 509,486 | ||||||
42,047 | Santander Consumer USA Holdings, Inc. | 802,677 | ||||||
5,266 | Synchrony Financial (a) | 175,779 | ||||||
|
|
|||||||
2,864,139 | ||||||||
|
|
|||||||
Containers & Packaging—0.21% |
||||||||
711 | AptarGroup, Inc. | 66,393 | ||||||
1,746 | Ball Corp. | 62,070 | ||||||
7,973 | Owens-Illinois, Inc. (b) | 134,026 | ||||||
1,974 | Packaging Corp. of America | 220,674 |
2,348 | Silgan Holdings, Inc. | 62,997 | ||||||
1,843 | WestRock Co. | 105,088 | ||||||
|
|
|||||||
651,248 | ||||||||
|
|
|||||||
Distributors—0.15% |
||||||||
2,757 | Genuine Parts Co. | 253,065 | ||||||
6,568 | LKQ Corp. (b) | 209,519 | ||||||
|
|
|||||||
462,584 | ||||||||
|
|
|||||||
Diversified Consumer Services—0.38% |
||||||||
2,591 | Bright Horizons Family Solutions, Inc. (b) | 265,630 | ||||||
812 | Graham Holdings Co.—Class B | 475,913 | ||||||
561 | Grand Canyon Education, Inc. (b) | 62,613 | ||||||
12,045 | H&R Block, Inc. | 274,385 | ||||||
1,915 | ServiceMaster Global Holdings, Inc. (b) | 113,885 | ||||||
|
|
|||||||
1,192,426 | ||||||||
|
|
|||||||
Diversified Financial Services—0.34% |
||||||||
4,724 | Interactive Brokers Group, Inc.—Class A | 304,273 | ||||||
20,013 | Jefferies Financial Group, Inc. | 455,096 | ||||||
2,576 | NASDAQ OMX Group, Inc. | 235,111 | ||||||
1,277 | Voya Financial, Inc. | 60,019 | ||||||
|
|
|||||||
1,054,499 | ||||||||
|
|
|||||||
Diversified Telecommunication Services—0.76% |
||||||||
40,387 | AT&T, Inc. | 1,296,826 | ||||||
21,664 | Verizon Communications, Inc. (a) | 1,089,916 | ||||||
|
|
|||||||
2,386,742 | ||||||||
|
|
|||||||
Electric Utilities—0.85% |
||||||||
2,569 | American Electric Power Co., Inc. | 177,903 | ||||||
4,035 | Avangrid, Inc. | 213,573 | ||||||
3,587 | Duke Energy Corp. | 283,660 | ||||||
2,208 | Edison International | 139,700 | ||||||
1,604 | Entergy Corp. | 129,587 | ||||||
1,457 | Eversource Energy | 85,395 | ||||||
8,330 | Exelon Corp. | 354,858 | ||||||
5,861 | FirstEnergy Corp. | 210,469 | ||||||
2,713 | Hawaiian Electric Industries, Inc. | 93,056 | ||||||
3,242 | NextEra Energy, Inc. (a) | 541,511 | ||||||
2,641 | PG&E Corp. | 112,401 | ||||||
4,054 | Southern Co. | 187,741 | ||||||
2,827 | Xcel Energy, Inc. | 129,137 | ||||||
|
|
|||||||
2,658,991 | ||||||||
|
|
Electrical Equipment—0.74% |
||||||||
2,611 | Acuity Brands, Inc. | 302,537 | ||||||
3,569 | Agilent Technologies, Inc. | 220,707 | ||||||
3,460 | AMETEK, Inc. | 249,674 | ||||||
1,115 | Eaton Corp. Plc | 83,335 | ||||||
2,721 | Emerson Electric Co. (a) | 188,130 | ||||||
9,159 | Regal Beloit Corp. | 749,206 | ||||||
1,419 | Rockwell Automation, Inc. | 235,880 | ||||||
1,074 | Roper Industries, Inc. | 296,327 | ||||||
|
|
|||||||
2,325,796 | ||||||||
|
|
|||||||
Electronic Equipment, Instruments & Components—0.80% |
||||||||
2,891 | Amphenol Corp.—Class A | 251,951 | ||||||
2,290 | CDW Corp. | 185,009 | ||||||
6,914 | Cognex Corp. | 308,433 | ||||||
1,269 | Coherent, Inc. (b) | 198,497 | ||||||
3,014 | Dolby Laboratories, Inc.—Class A (a) | 185,934 | ||||||
4,895 | FLIR Systems, Inc. | 254,393 | ||||||
1,517 | IPG Photonics Corp. (b) | 334,696 | ||||||
2,136 | Keysight Technologies, Inc. (b) | 126,088 | ||||||
11,110 | National Instruments Corp. | 466,398 | ||||||
1,353 | Zebra Technologies Corp.—Class A (b) | 193,817 | ||||||
|
|
|||||||
2,505,216 | ||||||||
|
|
|||||||
Energy Equipment & Services—0.39% |
||||||||
7,736 | RPC, Inc. (a) | 112,714 | ||||||
83,348 | Transocean, Ltd. (a)(b) | 1,120,197 | ||||||
|
|
|||||||
1,232,911 | ||||||||
|
|
|||||||
Food & Staples Retailing—2.25% |
||||||||
2,274 | Casey’s General Stores, Inc. (a) | 238,952 | ||||||
4,791 | Costco Wholesale Corp. | 1,001,223 | ||||||
10,205 | CVS Health Corp. | 656,692 | ||||||
21,017 | Kroger Co. | 597,934 | ||||||
18,631 | Sprouts Farmers Market, Inc. (b) | 411,186 | ||||||
9,976 | SYSCO Corp. (a) | 681,261 | ||||||
22,313 | US Foods Holding Corp. (b) | 843,878 | ||||||
13,333 | Walgreens Boots Alliance, Inc. | 800,180 | ||||||
21,471 | Walmart, Inc. | 1,838,991 | ||||||
|
|
|||||||
7,070,297 | ||||||||
|
|
Food Products—1.44% | ||||||||
1,486 | Archer-Daniels-Midland Co. | 68,103 | ||||||
1,963 | Campbell Soup Co. (a) | 79,580 | ||||||
19,573 | Flowers Foods, Inc. (a) | 407,706 | ||||||
3,431 | Hershey Co. | 319,289 | ||||||
2,490 | Hormel Foods Corp. (a) | 92,653 | ||||||
2,670 | Ingredion, Inc. | 295,569 | ||||||
968 | Kellogg Co. (a) | 67,634 | ||||||
4,456 | Lamb Weston Holdings, Inc. | 305,281 | ||||||
30,575 | Pilgrim’s Pride Corp. (b) | 615,475 | ||||||
8,205 | Post Holdings, Inc. (a)(b) | 705,794 | ||||||
2,103 | The J.M. Smucker Co. (a) | 226,030 | ||||||
20,741 | TreeHouse Foods, Inc. (b) | 1,089,110 | ||||||
3,317 | Tyson Foods, Inc.—Class A | 228,375 | ||||||
|
|
|||||||
4,500,599 | ||||||||
|
|
|||||||
Gas Utilities—0.09% | ||||||||
5,718 | UGI Corp. | 297,736 | ||||||
|
|
|||||||
Health Care Equipment & Supplies—2.58% | ||||||||
2,482 | ABIOMED, Inc. (b) | 1,015,262 | ||||||
3,489 | Align Technology, Inc. (b) | 1,193,726 | ||||||
5,561 | Baxter International, Inc. | 410,624 | ||||||
718 | Becton Dickinson and Co. | 172,004 | ||||||
6,717 | Boston Scientific Corp. (b) | 219,646 | ||||||
2,742 | Cantel Medical Corp. | 269,703 | ||||||
952 | Danaher Corp. | 93,943 | ||||||
4,096 | DexCom, Inc. (a)(b) | 389,038 | ||||||
2,958 | Edwards Lifesciences Corp. (a)(b) | 430,596 | ||||||
2,482 | Hill-Rom Holdings, Inc. | 216,778 | ||||||
647 | ICU Medical, Inc. (b) | 189,992 | ||||||
3,271 | IDEXX Laboratories, Inc. (b) | 712,882 | ||||||
1,716 | Insulet Corp. (b) | 147,061 | ||||||
1,815 | Intuitive Surgical, Inc. (b) | 868,441 | ||||||
1,609 | Masimo Corp. (b) | 157,119 | ||||||
739 | Medtronic Plc | 63,266 | ||||||
1,940 | Penumbra, Inc. (b) | 268,011 | ||||||
764 | ResMed, Inc. | 79,135 | ||||||
1,446 | STERIS Plc (a) | 151,844 | ||||||
3,782 | Stryker Corp. (a) | 638,629 | ||||||
565 | Teleflex, Inc. (a) | 151,539 | ||||||
2,248 | Varian Medical Systems, Inc. (a)(b) | 255,643 | ||||||
|
|
|||||||
8,094,882 | ||||||||
|
|
Health Care Providers & Services—3.50% | ||||||||
2,187 | Aetna, Inc. | 401,315 | ||||||
3,268 | Anthem, Inc. | 777,882 | ||||||
11,083 | Cardinal Health, Inc. (a) | 541,183 | ||||||
6,515 | Centene Corp. (b) | 802,713 | ||||||
2,084 | Cerner Corp. (b) | 124,602 | ||||||
1,240 | Chemed Corp. | 399,044 | ||||||
3,028 | CIGNA Corp. | 514,609 | ||||||
1,349 | DaVita, Inc. (b) | 93,675 | ||||||
939 | Encompass Health Corp. | 63,589 | ||||||
15,142 | Envision Healthcare Corp. (b) | 666,399 | ||||||
10,728 | Express Scripts Holding Co. (b) | 828,309 | ||||||
3,156 | Henry Schein, Inc. (a)(b) | 229,252 | ||||||
3,495 | Humana, Inc. | 1,040,217 | ||||||
482 | Laboratory Corp. of America Holdings (b) | 86,533 | ||||||
3,406 | McKesson Corp. | 454,360 | ||||||
11,592 | MEDNAX, Inc. (b) | 501,702 | ||||||
1,240 | Molina Healthcare, Inc. (b) | 121,446 | ||||||
11,210 | UnitedHealth Group, Inc. | 2,750,261 | ||||||
2,391 | WellCare Health Plans, Inc. (b) | 588,760 | ||||||
|
|
|||||||
10,985,851 | ||||||||
|
|
|||||||
Health Care Technology—0.17% | ||||||||
2,096 | athenahealth, Inc. (b) | 333,558 | ||||||
2,583 | Veeva Systems, Inc.—Class A (b) | 198,529 | ||||||
|
|
|||||||
532,087 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure—2.15% | ||||||||
5,570 | Carnival Corp. | 319,217 | ||||||
5,783 | Choice Hotels International, Inc. | 437,195 | ||||||
2,970 | Darden Restaurants, Inc. | 317,968 | ||||||
3,042 | Domino’s Pizza, Inc. | 858,361 | ||||||
9,721 | Extended Stay America, Inc. | 210,071 | ||||||
5,205 | Hilton Grand Vacations, Inc. (b) | 180,614 | ||||||
3,436 | Hilton Worldwide Holdings, Inc. | 271,994 | ||||||
3,283 | Hyatt Hotels Corp.—Class A | 253,283 | ||||||
3,501 | Las Vegas Sands Corp. | 267,336 |
3,914 | Marriott International, Inc.—Class A | 495,512 | ||||||
6,999 | McDonald’s Corp. | 1,096,673 | ||||||
2,602 | MGM Resorts International | 75,536 | ||||||
1,286 | Norwegian Cruise Line Holdings, Ltd. (b) | 60,764 | ||||||
1,284 | Royal Caribbean Cruises Ltd. | 133,022 | ||||||
8,449 | Starbucks Corp. (a) | 412,734 | ||||||
4,973 | Wyndham Destinations, Inc. | 220,155 | ||||||
2,102 | Wyndham Hotels & Resorts, Inc. | 123,661 | ||||||
1,407 | Wynn Resorts Ltd. | 235,447 | ||||||
7,712 | Yum China Holdings, Inc. (a) | 296,604 | ||||||
5,952 | Yum! Brands, Inc. | 465,565 | ||||||
|
|
|||||||
6,731,712 | ||||||||
|
|
|||||||
Household Durables—0.63% | ||||||||
3,571 | DR Horton, Inc. | 146,411 | ||||||
1,261 | Garmin Ltd. | 76,921 | ||||||
1,993 | Lennar Corp.—Class A | 104,632 | ||||||
179 | NVR, Inc. (b) | 531,693 | ||||||
14,170 | PulteGroup, Inc. | 407,387 | ||||||
4,251 | Tempur Sealy International, Inc. (a)(b) | 204,261 | ||||||
13,734 | Toll Brothers, Inc. | 508,021 | ||||||
|
|
|||||||
1,979,326 | ||||||||
|
|
|||||||
Household Products—0.72% | ||||||||
2,753 | Clorox Co. | 372,343 | ||||||
8,417 | Colgate-Palmolive Co. (a) | 545,506 | ||||||
4,108 | Energizer Holdings, Inc. | 258,640 | ||||||
3,179 | Kimberly-Clark Corp. | 334,876 | ||||||
9,475 | Procter & Gamble Co. | 739,618 | ||||||
|
|
|||||||
2,250,983 | ||||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers—0.68% | ||||||||
17,303 | AES Corp. | 232,033 | ||||||
19,746 | NRG Energy, Inc. | 606,202 | ||||||
55,381 | Vistra Energy Corp. (b) | 1,310,315 | ||||||
|
|
|||||||
2,148,550 | ||||||||
|
|
|||||||
Industrial Conglomerates—0.60% | ||||||||
4,636 | 3M Co. | 911,994 | ||||||
12,121 | General Electric Co. | 164,967 | ||||||
5,031 | Honeywell International, Inc. | 724,715 | ||||||
20 | Seaboard Corp. | 79,255 | ||||||
|
|
|||||||
1,880,931 | ||||||||
|
|
Insurance—2.95% | ||||||||
7,820 | Aflac, Inc. | 336,416 | ||||||
6,441 | Allstate Corp. | 587,870 | ||||||
1,223 | American Financial Group, Inc. | 131,265 | ||||||
1,091 | American National Insurance Co. | 130,473 | ||||||
1,100 | Arthur J. Gallagher & Co. | 71,808 | ||||||
717 | Assurant, Inc. | 74,202 | ||||||
5,651 | Assured Guaranty, Ltd. | 201,910 | ||||||
2,452 | Athene Holding, Ltd.—Class A (b) | 107,496 | ||||||
18,674 | Berkshire Hathaway, Inc.—Class B (b) | 3,485,502 | ||||||
7,024 | Brown & Brown, Inc. | 194,776 | ||||||
1,580 | CNA Financial Corp. | 72,174 | ||||||
1,170 | Erie Indemnity Co.—Class A (a) | 137,194 | ||||||
4,450 | First American Financial Corp. | 230,154 | ||||||
7,266 | FNF Group | 273,347 | ||||||
5,221 | Lincoln National Corp. | 325,007 | ||||||
81 | Markel Corp. (b) | 87,832 | ||||||
5,543 | Marsh & McLennan Cos., Inc. (a) | 454,360 | ||||||
5,118 | MetLife, Inc. (a) | 223,145 | ||||||
7,824 | Old Republic International Corp. | 155,776 | ||||||
1,716 | Principal Financial Group, Inc. | 90,862 | ||||||
9,037 | Progressive Corp. | 534,539 | ||||||
4,747 | Prudential Financial, Inc. | 443,892 | ||||||
3,068 | Reinsurance Group of America, Inc. | 409,517 | ||||||
1,889 | The Hanover Insurance Group, Inc. (a) | 225,849 | ||||||
6,774 | Unum Group | 250,570 | ||||||
|
|
|||||||
9,235,936 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail—3.80% | ||||||||
4,039 | Amazon.com, Inc. (b) | 6,865,492 | ||||||
609 | Booking Holdings, Inc. (b) | 1,234,498 | ||||||
2,144 | Expedia Group, Inc. | 257,688 | ||||||
3,937 | Netflix, Inc. (b) | 1,541,060 | ||||||
28,759 | Qurate Retail, Inc. (b) | 610,266 | ||||||
8,085 | TripAdvisor, Inc. (a)(b) | 450,415 | ||||||
8,153 | Wayfair, Inc.—Class A (a)(b) | 968,250 | ||||||
|
|
|||||||
11,927,669 | ||||||||
|
|
Internet Software & Services—5.17% | ||||||||
4,182 | 2U, Inc. (b) | 349,448 | ||||||
6,161 | Akamai Technologies, Inc. (b) | 451,170 | ||||||
2,976 | Alphabet, Inc.—Class A (b) | 3,360,469 | ||||||
3,018 | Alphabet, Inc.—Class C (b) | 3,367,032 | ||||||
877 | CoStar Group, Inc. (b) | 361,877 | ||||||
3,422 | DocuSign, Inc. (a)(b) | 181,195 | ||||||
8,729 | eBay, Inc. (b) | 316,514 | ||||||
25,580 | Facebook, Inc.—Class A (b) | 4,970,706 | ||||||
2,577 | GoDaddy, Inc.—Class A (b) | 181,936 | ||||||
2,503 | GrubHub, Inc. (b) | 262,590 | ||||||
3,872 | IAC InterActive Corp. (b) | 590,441 | ||||||
1,192 | LogMeIn, Inc. | 123,074 | ||||||
9,738 | Match Group, Inc. (a)(b) | 377,250 | ||||||
5,757 | Nutanix, Inc.—Class A (b) | 296,888 | ||||||
4,755 | Okta, Inc. (b) | 239,509 | ||||||
1,728 | Twilio, Inc.—Class A (b) | 96,803 | ||||||
8,740 | Twitter, Inc. (b) | 381,676 | ||||||
2,089 | VeriSign, Inc. (b) | 287,070 | ||||||
|
|
|||||||
16,195,648 | ||||||||
|
|
|||||||
IT Services—4.37% | ||||||||
8,650 | Accenture Plc—Class A | 1,415,053 | ||||||
1,038 | Alliance Data Systems Corp. | 242,062 | ||||||
2,222 | Amdocs Ltd. | 147,074 | ||||||
1,377 | Automatic Data Processing, Inc. | 184,711 | ||||||
1,173 | Black Knight, Inc. (b) | 62,814 | ||||||
12,439 | Booz Allen Hamilton Holding Corp.—Class A | 543,957 | ||||||
3,063 | Broadridge Financial Solutions, Inc. | 352,551 | ||||||
7,804 | Cognizant Technology Solutions Corp.—Class A | 616,438 | ||||||
55,402 | Conduent, Inc. (b) | 1,006,654 | ||||||
6,780 | CoreLogic, Inc. (b) | 351,882 | ||||||
13,528 | DXC Technology Co. | 1,090,492 | ||||||
521 | EPAM Systems, Inc. (b) | 64,776 | ||||||
1,549 | Euronet Worldwide, Inc. (a)(b) | 129,760 | ||||||
3,645 | Fidelity National Information Services, Inc. (a) | 386,479 | ||||||
12,388 | First Data Corp.—Class A (a)(b) | 259,281 | ||||||
1,768 | Fiserv, Inc. (b) | 130,991 | ||||||
548 | FleetCor Technologies, Inc. (a)(b) | 115,436 | ||||||
511 | Gartner, Inc. (b) | 67,912 |
9,618 | Genpact, Ltd. | 278,249 | ||||||
1,182 | Global Payments, Inc. (a) | 131,781 | ||||||
3,636 | Leidos Holdings, Inc. | 214,524 | ||||||
8,227 | MasterCard, Inc.—Class A | 1,616,770 | ||||||
9,213 | PayPal Holdings, Inc. (b) | 767,167 | ||||||
13,280 | Square, Inc.—Class A (a)(b) | 818,579 | ||||||
5,473 | T-Mobile USA, Inc. (b) | 327,012 | ||||||
4,200 | Total System Services, Inc. | 354,984 | ||||||
12,013 | Visa, Inc.—Class A | 1,591,122 | ||||||
1,545 | WEX, Inc. (a)(b) | 294,292 | ||||||
1,746 | Worldpay, Inc.—Class A (b) | 142,788 | ||||||
|
|
|||||||
13,705,591 | ||||||||
|
|
|||||||
Leisure Products—0.37% | ||||||||
2,119 | Brunswick Corp. | 136,633 | ||||||
3,059 | Hasbro, Inc. (a) | 282,376 | ||||||
2,183 | Polaris Industries, Inc. | 266,719 | ||||||
3,056 | Pool Corp. (a) | 462,984 | ||||||
|
|
|||||||
1,148,712 | ||||||||
|
|
|||||||
Life Sciences Tools & Services—0.80% | ||||||||
652 | Bio-Techne Corp. | 96,464 | ||||||
11,458 | Bruker Corp. | 332,740 | ||||||
1,928 | Charles River Laboratories International, Inc. (b) | 216,437 | ||||||
687 | Illumina, Inc. (b) | 191,872 | ||||||
2,733 | IQVIA Holdings, Inc. (b) | 272,808 | ||||||
1,039 | Mettler-Toledo International, Inc. (b) | 601,197 | ||||||
2,795 | Thermo Fisher Scientific, Inc. | 578,956 | ||||||
1,175 | Waters Corp. (b) | 227,468 | ||||||
|
|
|||||||
2,517,942 | ||||||||
|
|
|||||||
Machinery—1.85% | ||||||||
10,234 | AGCO Corp. | 621,408 | ||||||
3,729 | Caterpillar, Inc. | 505,913 | ||||||
8,777 | Colfax Corp. (b) | 269,015 | ||||||
838 | Cummins, Inc. | 111,454 | ||||||
2,504 | Deere & Co. | 350,059 | ||||||
4,671 | Donaldson Co., Inc. | 210,755 | ||||||
943 | Dover Corp. | 69,028 | ||||||
5,003 | Fortive Corp. | 385,781 | ||||||
4,433 | Gardner Denver Holdings, Inc. (b) | 130,286 |
12,199 | Graco, Inc. | 551,639 | ||||||
1,774 | IDEX Corp. | 242,116 | ||||||
1,838 | Illinois Tool Works, Inc. | 254,637 | ||||||
3,194 | Ingersoll-Rand Plc | 286,598 | ||||||
2,292 | Lincoln Electric Holdings, Inc. (a) | 201,146 | ||||||
697 | Nordson Corp. | 89,502 | ||||||
852 | Parker-Hannifin Corp. | 132,784 | ||||||
920 | Snap-on, Inc. (a) | 147,862 | ||||||
876 | Stanley Black & Decker, Inc. | 116,342 | ||||||
10,755 | Terex Corp. | 453,753 | ||||||
6,721 | Toro Co. (a) | 404,940 | ||||||
3,794 | Xylem, Inc. | 255,640 | ||||||
|
|
|||||||
5,790,658 | ||||||||
|
|
|||||||
Marine—0.07% | ||||||||
2,468 | Kirby Corp. (a)(b) | 206,325 | ||||||
|
|
|||||||
Media—1.21% | ||||||||
88 | Cable One, Inc. | 64,530 | ||||||
14,841 | Comcast Corp.—Class A | 486,933 | ||||||
4,068 | John Wiley & Sons, Inc.—Class A | 253,843 | ||||||
4,909 | Liberty Media Corp.—Class A (b) | 221,150 | ||||||
5,517 | Liberty Media Corp.—Class C (a)(b) | 250,251 | ||||||
4,423 | Lions Gate Entertainment Corp.—Class A (a) | 109,779 | ||||||
4,874 | Lions Gate Entertainment Corp.—Class B | 114,344 | ||||||
4,607 | Live Nation Entertainment, Inc. (b) | 223,762 | ||||||
7,891 | News Corp.—Class A | 122,311 | ||||||
7,768 | News Corp.—Class B | 123,123 | ||||||
31,816 | Sirius XM Holdings, Inc. (a) | 215,394 | ||||||
344 | The Madison Square Garden Co.—Class A (b) | 106,705 | ||||||
5,915 | The Walt Disney Co. | 619,951 | ||||||
3,909 | Twenty-First Century Fox, Inc.—Class A | 194,238 | ||||||
1,965 | Twenty-First Century Fox, Inc.—Class B | 96,816 | ||||||
6,210 | Viacom, Inc.—Class A (a) | 220,145 | ||||||
12,588 | Viacom, Inc.—Class B | 379,654 | ||||||
|
|
|||||||
3,802,929 | ||||||||
|
|
|||||||
Metals & Mining—0.62% | ||||||||
15,474 | Alcoa Corp. (b) | 725,421 | ||||||
18,878 | Freeport-McMoRan, Inc. | 325,834 | ||||||
3,505 | Newmont Mining Corp. | 132,174 |
697 | Reliance Steel & Aluminum Co. | 61,015 | ||||||
2,261 | Royal Gold, Inc. (a) | 209,911 | ||||||
3,106 | Southern Copper Corp. (a) | 145,578 | ||||||
3,371 | Steel Dynamics, Inc. | 154,898 | ||||||
5,612 | United States Steel Corp. | 195,017 | ||||||
|
|
|||||||
1,949,848 | ||||||||
|
|
|||||||
Multiline Retail—1.70% | ||||||||
4,595 | Burlington Stores, Inc. (b) | 691,685 | ||||||
5,467 | Dollar General Corp. | 539,046 | ||||||
5,414 | Dollar Tree, Inc. (b) | 460,190 | ||||||
15,954 | Kohl’s Corp. | 1,163,047 | ||||||
34,619 | Macy’s, Inc. | 1,295,789 | ||||||
8,667 | Nordstrom, Inc. (a) | 448,777 | ||||||
9,722 | Target Corp. (a) | 740,039 | ||||||
|
|
|||||||
5,338,573 | ||||||||
|
|
|||||||
Multi-Utilities—0.50% | ||||||||
1,359 | Ameren Corp. | 82,695 | ||||||
4,758 | CenterPoint Energy, Inc. | 131,844 | ||||||
1,918 | CMS Energy Corp. | 90,683 | ||||||
2,956 | Consolidated Edison, Inc. | 230,509 | ||||||
1,880 | DTE Energy Co. (a) | 194,824 | ||||||
7,314 | MDU Resources Group, Inc. | 209,766 | ||||||
3,284 | NiSource, Inc. (a) | 86,304 | ||||||
4,660 | Public Service Enterprise Group, Inc. | 252,292 | ||||||
1,255 | Sempra Energy | 145,718 | ||||||
2,105 | WEC Energy Group, Inc. | 136,088 | ||||||
|
|
|||||||
1,560,723 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels—3.82% | ||||||||
3,453 | Anadarko Petroleum Corp. | 252,932 | ||||||
1,524 | Andeavor | 199,918 | ||||||
11,791 | Chevron Corp. | 1,490,736 | ||||||
500 | Concho Resources, Inc. (b) | 69,175 | ||||||
7,663 | ConocoPhillips | 533,498 | ||||||
4,485 | Continental Resources, Inc. (a)(b) | 290,448 | ||||||
1,498 | Devon Energy Corp. | 65,852 | ||||||
516 | Diamondback Energy, Inc. | 67,890 | ||||||
3,228 | EOG Resources, Inc. | 401,660 | ||||||
22,512 | Exxon Mobil Corp. | 1,862,418 |
1,007 | Hess Corp. | 67,358 | ||||||
14,579 | HollyFrontier Corp. | 997,641 | ||||||
12,101 | Marathon Oil Corp. | 252,427 | ||||||
13,769 | Marathon Petroleum Corp. | 966,033 | ||||||
5,573 | Occidental Petroleum Corp. | 466,349 | ||||||
3,702 | ONEOK, Inc. | 258,511 | ||||||
25,910 | PBF Energy, Inc.—Class A | 1,086,406 | ||||||
5,606 | Phillips 66 | 629,610 | ||||||
516 | Pioneer Natural Resources Co. | 97,648 | ||||||
2,520 | SM Energy Co. | 64,739 | ||||||
13,217 | Valero Energy Corp. | 1,464,840 | ||||||
2,950 | Whiting Petroleum Corp. (b) | 155,524 | ||||||
12,626 | WPX Energy, Inc. (b) | 227,647 | ||||||
|
|
|||||||
11,969,260 | ||||||||
|
|
|||||||
Paper & Forest Products—0.22% | ||||||||
14,390 | Domtar Corp. | 686,979 | ||||||
|
|
|||||||
Personal Products—0.63% | ||||||||
10,758 | Herbalife Nutrition Ltd. (b) | 577,920 | ||||||
7,191 | Nu Skin Enterprises, Inc.—Class A | 562,264 | ||||||
5,768 | The Estee Lauder Cos., Inc.—Class A | 823,036 | ||||||
|
|
|||||||
1,963,220 | ||||||||
|
|
|||||||
Pharmaceuticals—3.79% | ||||||||
10,405 | Abbott Laboratories | 634,601 | ||||||
14,458 | AbbVie, Inc. | 1,339,534 | ||||||
4,866 | Allergan Plc | 811,260 | ||||||
16,092 | Bristol-Myers Squibb Co. | 890,531 | ||||||
7,314 | Eli Lilly & Co. | 624,104 | ||||||
357 | Jazz Pharmaceuticals Plc (b) | 61,511 | ||||||
28,323 | Johnson & Johnson | 3,436,713 | ||||||
14,269 | Merck & Co., Inc. | 866,128 | ||||||
22,040 | Mylan NV (b) | 796,526 | ||||||
3,465 | Perrigo Co. Plc | 252,633 | ||||||
43,437 | Pfizer, Inc. | 1,575,894 | ||||||
6,934 | Zoetis, Inc. | 590,707 | ||||||
|
|
|||||||
11,880,142 | ||||||||
|
|
|||||||
Professional Services—0.58% | ||||||||
520 | Equifax, Inc. | 65,057 | ||||||
2,111 | IHS Markit, Ltd. (b) | 108,906 |
4,112 | ManpowerGroup, Inc. | 353,879 | ||||||
3,717 | Nielsen Holdings Plc (a) | 114,967 | ||||||
10,545 | Robert Half International, Inc. (a) | 686,480 | ||||||
2,131 | The Dun & Bradstreet Corp. | 261,367 | ||||||
2,119 | Verisk Analytics, Inc. (b) | 228,089 | ||||||
|
|
|||||||
1,818,745 | ||||||||
|
|
|||||||
Real Estate Management & Development—0.63% | ||||||||
5,840 | CBRE Group, Inc.—Class A (b) | 278,802 | ||||||
4,343 | Jones Lang LaSalle, Inc. | 720,894 | ||||||
42,569 | Realogy Holdings Corp. (a) | 970,573 | ||||||
|
|
|||||||
1,970,269 | ||||||||
|
|
|||||||
Road & Rail—0.60% | ||||||||
5,202 | Genesee & Wyoming, Inc.—Class A (b) | 423,027 | ||||||
1,792 | J.B. Hunt Transport Services, Inc. | 217,818 | ||||||
3,262 | Landstar System, Inc. | 356,210 | ||||||
2,069 | Old Dominion Freight Line, Inc. (a) | 308,198 | ||||||
3,392 | Schneider National, Inc.—Class B | 93,314 | ||||||
3,307 | Union Pacific Corp. (a) | 468,536 | ||||||
|
|
|||||||
1,867,103 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment—3.85% | ||||||||
31,520 | Advanced Micro Devices, Inc. (a)(b) | 472,485 | ||||||
16,954 | Applied Materials, Inc. | 783,105 | ||||||
1,839 | Broadcom, Inc. | 446,215 | ||||||
2,028 | Cavium, Inc. (b) | 175,422 | ||||||
13,289 | First Solar, Inc. (b) | 699,799 | ||||||
49,063 | Intel Corp. | 2,438,922 | ||||||
3,378 | KLA-Tencor Corp. | 346,346 | ||||||
3,811 | Lam Research Corp. (a) | 658,731 | ||||||
7,900 | Marvell Technology Group, Ltd. (a) | 169,376 | ||||||
2,085 | Maxim Integrated Products, Inc. | 122,306 | ||||||
785 | Microchip Technology, Inc. (a) | 71,396 | ||||||
24,769 | Micron Technology, Inc. (a)(b) | 1,298,886 | ||||||
1,312 | MKS Instruments, Inc. | 125,558 | ||||||
5,993 | NVIDIA Corp. | 1,419,742 | ||||||
18,196 | ON Semiconductor Corp. (a)(b) | 404,588 | ||||||
1,996 | Qorvo, Inc. (a)(b) | 160,019 | ||||||
4,658 | Skyworks Solutions, Inc. | 450,196 | ||||||
10,834 | Teradyne, Inc. (a) | 412,450 |
10,735 | Texas Instruments, Inc. | 1,183,534 | ||||||
6,085 | Versum Materials, Inc. | 226,058 | ||||||
|
|
|||||||
12,065,134 | ||||||||
|
|
|||||||
Software—7.84% | ||||||||
6,063 | Activision Blizzard, Inc. | 462,728 | ||||||
5,500 | Adobe Systems, Inc. (b) | 1,340,955 | ||||||
1,716 | ANSYS, Inc. (a)(b) | 298,893 | ||||||
5,976 | Aspen Technology, Inc. (b) | 554,214 | ||||||
5,554 | Atlassian Corp. Plc—Class A (b) | 347,236 | ||||||
1,932 | Autodesk, Inc. (b) | 253,266 | ||||||
3,368 | CA, Inc. | 120,069 | ||||||
13,795 | Cadence Design System, Inc. (b) | 597,461 | ||||||
1,236 | CDK Global, Inc. | 80,402 | ||||||
3,280 | Citrix Systems, Inc. (a)(b) | 343,875 | ||||||
18,270 | Dell Technologies, Inc.—Class V (b) | 1,545,277 | ||||||
3,993 | Electronic Arts, Inc. (b) | 563,093 | ||||||
973 | Fair Isaac Corp. (b) | 188,100 | ||||||
6,814 | Fortinet, Inc. (b) | 425,398 | ||||||
828 | Guidewire Software, Inc. (a)(b) | 73,510 | ||||||
3,759 | Intuit, Inc. | 767,983 | ||||||
2,523 | Jack Henry & Associates, Inc. | 328,898 | ||||||
9,498 | Manhattan Associates, Inc. (a)(b) | 446,501 | ||||||
80,051 | Microsoft Corp. | 7,893,829 | ||||||
28,274 | Nuance Communications, Inc. (b) | 392,585 | ||||||
24,959 | Oracle Corp. | 1,099,694 | ||||||
625 | Paycom Software, Inc. (b) | 61,769 | ||||||
2,300 | Pegasystems, Inc. | 126,040 | ||||||
800 | Proofpoint, Inc. (b) | 92,248 | ||||||
1,679 | PTC, Inc. (b) | 157,507 | ||||||
3,447 | RealPage, Inc. (b) | 189,930 | ||||||
4,737 | Red Hat, Inc. (b) | 636,511 | ||||||
4,758 | RingCentral, Inc.—Class A (b) | 334,725 | ||||||
8,129 | salesforce.com, Inc. (a)(b) | 1,108,796 | ||||||
4,209 | ServiceNow, Inc. (a)(b) | 725,926 | ||||||
4,446 | Splunk, Inc. (b) | 440,643 | ||||||
1,931 | SS&C Technologies Holdings, Inc. | 100,219 | ||||||
8,426 | Symantec Corp. | 173,997 | ||||||
5,257 | Synopsys, Inc. (b) | 449,841 |
4,567 | Tableau Software, Inc.—Class A (a)(b) | 446,424 | ||||||
3,087 | Take-Two Interactive Software, Inc. (b) | 365,377 | ||||||
749 | The Ultimate Software Group, Inc. (b) | 192,725 | ||||||
446 | Tyler Technologies, Inc. (b) | 99,057 | ||||||
2,720 | VMware, Inc.—Class A (a)(b) | 399,758 | ||||||
924 | Workday, Inc.—Class A (b) | 111,915 | ||||||
4,573 | Zendesk, Inc. (b) | 249,183 | ||||||
|
|
|||||||
24,586,558 | ||||||||
|
|
|||||||
Specialty Retail—4.03% | ||||||||
2,868 | Advance Auto Parts, Inc. | 389,188 | ||||||
7,873 | AutoNation, Inc. (a)(b) | 382,470 | ||||||
618 | AutoZone, Inc. (b) | 414,635 | ||||||
7,651 | Best Buy Co., Inc. | 570,612 | ||||||
16,112 | Dick’s Sporting Goods, Inc. (a) | 567,948 | ||||||
7,130 | Floor & Decor Holdings, Inc.—Class A (b) | 351,723 | ||||||
13,176 | Foot Locker, Inc. | 693,716 | ||||||
7,797 | L Brands, Inc. (a) | 287,553 | ||||||
8,255 | Lowe’s Cos., Inc. | 788,930 | ||||||
1,892 | O’Reilly Automotive, Inc. (b) | 517,595 | ||||||
9,751 | Penske Automotive Group, Inc. | 456,834 | ||||||
7,027 | Ross Stores, Inc. | 595,538 | ||||||
605 | Sherwin-Williams Co. | 246,580 | ||||||
13,889 | The Gap, Inc. | 449,865 | ||||||
11,642 | The Home Depot, Inc. | 2,271,354 | ||||||
18,963 | The Michaels Cos., Inc. (a)(b) | 363,521 | ||||||
7,233 | The TJX Cos., Inc. | 688,437 | ||||||
3,545 | Tiffany & Co. | 466,522 | ||||||
6,781 | Tractor Supply Co. | 518,679 | ||||||
1,816 | Ulta Beauty, Inc. (b) | 423,963 | ||||||
16,573 | Urban Outfitters, Inc. (b) | 738,327 | ||||||
7,145 | Williams Sonoma, Inc. (a) | 438,560 | ||||||
|
|
|||||||
12,622,550 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals—4.15% | ||||||||
53,496 | Apple, Inc. | 9,902,644 | ||||||
5,016 | Hewlett Packard Enterprise Co. | 73,284 | ||||||
15,765 | HP, Inc. | 357,708 | ||||||
6,727 | International Business Machines Corp. | 939,762 | ||||||
5,760 | NCR Corp. (a)(b) | 172,685 |
3,363 | NetApp, Inc. | 264,096 | ||||||
2,728 | Pure Storage, Inc.—Class A (b) | 65,145 | ||||||
16,734 | Teradata Corp. (b) | 671,870 | ||||||
7,364 | Western Digital Corp. | 570,047 | ||||||
|
|
|||||||
13,017,241 | ||||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods—2.14% | ||||||||
4,849 | Carter’s, Inc. | 525,583 | ||||||
3,763 | Columbia Sportswear Co. | 344,202 | ||||||
6,941 | lululemon athletica, Inc. (b) | 866,584 | ||||||
8,989 | Michael Kors Holdings Ltd. (b) | 598,667 | ||||||
11,968 | NIKE, Inc.—Class B (a) | 953,610 | ||||||
2,582 | PVH Corp. | 386,577 | ||||||
6,358 | Ralph Lauren Corp. (a) | 799,328 | ||||||
11,450 | Skechers U.S.A., Inc.—Class A (b) | 343,615 | ||||||
7,857 | Tapestry, Inc. | 367,000 | ||||||
17,930 | Under Armour, Inc.—Class A (a)(b) | 403,066 | ||||||
18,447 | Under Armour, Inc.—Class C (a)(b) | 388,863 | ||||||
9,157 | VF Corp. | 746,479 | ||||||
|
|
|||||||
6,723,574 | ||||||||
|
|
|||||||
Tobacco—0.32% | ||||||||
5,941 | Altria Group, Inc. | 337,389 | ||||||
8,358 | Philip Morris International, Inc. | 674,825 | ||||||
|
|
|||||||
1,012,214 | ||||||||
|
|
|||||||
Trading Companies & Distributors—0.99% | ||||||||
9,399 | Fastenal Co. | 452,374 | ||||||
6,790 | HD Supply Holdings, Inc. (b) | 291,223 | ||||||
4,226 | MSC Industrial Direct Co., Inc.—Class A | 358,576 | ||||||
1,059 | United Rentals, Inc. (b) | 156,330 | ||||||
7,363 | Univar, Inc. (b) | 193,205 | ||||||
2,061 | W.W. Grainger, Inc. (a) | 635,613 | ||||||
1,505 | Watsco, Inc.—Class A (a) | 268,311 | ||||||
13,292 | WESCO International, Inc. (b) | 758,973 | ||||||
|
|
|||||||
3,114,605 | ||||||||
|
|
|||||||
Wireless Telecommunication Services—0.23% | ||||||||
7,442 | Telephone & Data Systems, Inc. | 204,060 | ||||||
13,690 | United States Cellular Corp. (b) | 507,077 | ||||||
|
|
|||||||
711,137 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $218,294,803) | 296,273,266 | |||||||
|
|
INVESTMENT COMPANIES—3.27% | ||||||||
Exchange Traded Funds—3.27% | ||||||||
41,085 | Vanguard S&P 500 ETF | 10,251,118 | ||||||
|
|
|||||||
Total Investment Companies (Cost $9,303,888) | 10,251,118 | |||||||
|
|
|||||||
REAL ESTATE INVESTMENT TRUSTS—1.35% | ||||||||
Real Estate Investment Trusts—1.35% | ||||||||
7,841 | American Homes 4 Rent—Class A | 173,913 | ||||||
950 | American Tower Corp. | 136,961 | ||||||
23,240 | Annaly Capital Management, Inc. | 239,139 | ||||||
1,574 | Camden Property Trust (a) | 143,439 | ||||||
22,621 | Chimera Investment Corp. | 413,512 | ||||||
1,944 | Crown Castle International Corp. | 209,602 | ||||||
3,949 | CubeSmart | 127,237 | ||||||
1,057 | DCT Industrial Trust, Inc. | 70,534 | ||||||
1,196 | Digital Realty Trust, Inc. | 133,450 | ||||||
6,217 | Empire State Realty Trust, Inc.—Class A | 106,311 | ||||||
1,760 | Extra Space Storage, Inc. | 175,666 | ||||||
4,459 | Forest City Realty Trust, Inc.—Class A (a) | 101,710 | ||||||
10,693 | Hospitality Properties Trust | 305,927 | ||||||
13,023 | Host Hotels & Resorts, Inc. | 274,395 | ||||||
1,296 | Life Storage, Inc. | 126,114 | ||||||
18,460 | New Residential Investment Corp. | 322,865 | ||||||
2,777 | Park Hotels & Resorts, Inc. | 85,059 | ||||||
1,128 | Prologis, Inc. | 74,098 | ||||||
6,119 | Rayonier, Inc. | 236,744 | ||||||
8,849 | Retail Properties of America, Inc.—Class A | 113,090 | ||||||
1,976 | SBA Communications Corp. (a)(b) | 326,277 | ||||||
7,632 | Spirit Realty Capital, Inc. | 61,285 | ||||||
1,143 | Sun Communities, Inc. | 111,877 | ||||||
10,064 | Two Harbors Investment Corp. | 159,011 | ||||||
|
|
|||||||
Total Real Estate Investment Trusts (Cost $3,932,790) | 4,228,216 | |||||||
|
|
|||||||
SHORT TERM INVESTMENTS—0.73% | ||||||||
Money Market Funds—0.73% | ||||||||
Deutsche Government Money Market Series—Institutional Shares | ||||||||
2,303,410 | Effective Yield, 1.81% (c) | 2,303,410 | ||||||
|
|
|||||||
Total Short Term Investments (Cost $2,303,410) | 2,303,410 | |||||||
|
|
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING—9.43% | ||||||
Investments Purchased with Proceeds from Securities Lending—9.43% | ||||||
Mount Vernon Liquid Assets Portfolio, LLC | ||||||
29,561,320 |
Effective Yield, 2.21% (c) | 29,561,320 | ||||
|
|
|||||
Total Investments Purchased with Proceeds from Securities Lending (Cost $29,561,320) | 29,561,320 | |||||
|
|
|||||
Total Investments (Cost $263,396,211)—109.27% | 342,617,330 | |||||
Liabilities in Excess of Other Assets—(9.27)% | (29,075,226 | ) | ||||
|
|
|||||
TOTAL NET ASSETS—100.00% | $ | 313,542,104 | ||||
|
|
Percentages are stated as a percent of net assets. |
(a) All or portion of this security is on loan. |
(b) Non-income producing security. |
(c) Seven-day yield as of June 30, 2018. |
GuideMark® Emerging Markets Fund
Schedule of Investments (Unaudited)
Number of Shares | Value | |||||||
COMMON STOCKS—84.77% |
||||||||
Brazil—4.53% |
||||||||
53,143 | Ambev SA | $ | 246,536 | |||||
16,365 | Banco Bradesco SA | 102,182 | ||||||
18,352 | Banco do Brasil SA | 134,713 | ||||||
38,220 | BB Seguridade Participacoes SA | 242,588 | ||||||
38,400 | Centrais Eletricas Brasileiras SA (a) | 122,064 | ||||||
20,261 | Cia de Saneamento Basico do Estado de Sao Paulo | 121,752 | ||||||
11,274 | Cosan SA Industria e Comercio | 103,497 | ||||||
17,432 | Embraer SA | 108,845 | ||||||
11,532 | Fibria Celulose SA | 214,826 | ||||||
97,234 | JBS SA | 230,808 | ||||||
30,751 | Localiza Rent a Car SA | 187,644 | ||||||
37,009 | Lojas Renner SA | 276,344 | ||||||
10,188 | M Dias Branco SA | 97,549 | ||||||
6,124 | Magazine Luiza SA | 201,460 | ||||||
14,561 | Natura Cosmeticos SA | 113,873 | ||||||
47,738 | Odontoprev SA | 162,586 | ||||||
69,896 | Petroleo Brasileiro SA | 349,863 | ||||||
15,281 | Raia Drogasil SA | 258,288 | ||||||
28,389 | Rumo SA (a) | 102,547 | ||||||
81,317 | Sul America SA (d) | 388,987 | ||||||
29,235 | TIM Participacoes SA | 98,512 | ||||||
49,899 | Vale SA | 635,751 | ||||||
|
|
|||||||
4,501,215 | ||||||||
|
|
|||||||
Cayman Islands—0.75% |
||||||||
1,088 | 51job, Inc.—ADR (a) | 106,232 | ||||||
89,371 | China Resources Cement Holdings, Ltd. | 89,942 | ||||||
3,950 | GDS Holdings, Ltd.—ADR (a) | 158,355 | ||||||
69,982 | Logan Property Holdings Co., Ltd. | 94,307 | ||||||
1,758 | Noah Holdings, Ltd.—ADR (a) | 91,680 | ||||||
9,389 | Wuxi Biologics Cayman, Inc. (a) | 104,154 | ||||||
32,834 | Zhongsheng Group Holdings, Ltd. | 98,305 | ||||||
|
|
|||||||
742,975 | ||||||||
|
|
|||||||
Chile—0.59% |
||||||||
769,300 | Banco de Chile | 118,916 | ||||||
18,808 | Cia Cervecerias Unidas SA | 235,467 | ||||||
27,823 | Empresas CMPC SA | 101,346 | ||||||
8,381 | Empresas COPEC SA | 128,267 | ||||||
|
|
|||||||
583,996 | ||||||||
|
|
|||||||
China—19.21% |
||||||||
2,535 | 58.com, Inc.—ADR (a) | 175,777 | ||||||
578,874 | Agricultural Bank of China Ltd.—Series H | 270,177 | ||||||
21,016 | Alibaba Group Holding, Ltd.—ADR (a)(b) | 3,899,099 | ||||||
17,168 | Anhui Conch Cement Co., Ltd. | 97,907 | ||||||
91,219 | ANTA Sports Products Ltd. | 481,026 | ||||||
5,211 | Autohome, Inc.—ADR | 526,311 |
130,045 | BAIC Motor Corp., Ltd. | 123,776 | ||||||
4,141 | Baidu, Inc.—ADR (a) | 1,006,263 | ||||||
1,242,773 | Bank of China Ltd.—Series H | 616,322 | ||||||
384,000 | Bank of Communications Co., Ltd.—Series H | 293,898 | ||||||
569,672 | China Cinda Asset Management Co., Ltd.—Series H | 182,435 | ||||||
420,000 | China CITIC Bank Corp., Ltd.—Series H | 262,311 | ||||||
239,358 | China Coal Energy Co., Ltd. | 98,785 | ||||||
98,074 | China Communications Construction Co., Ltd. | 94,450 | ||||||
522,945 | China Communications Services Corp., Ltd.—Series H | 330,460 | ||||||
40,180 | China Conch Venture Holdings Ltd. | 146,646 | ||||||
1,431,467 | China Construction Bank Corp.—Series H | 1,309,852 | ||||||
347,000 | China Everbright Bank Co., Ltd.—Series H | 148,872 | ||||||
505,965 | China Huarong Asset Management Co., Ltd.—Series H | 145,857 | ||||||
82,346 | China Mengniu Dairy Co., Ltd. | 277,735 | ||||||
70,315 | China Merchants Bank Co., Ltd.—Series H | 258,647 | ||||||
230,248 | China Minsheng Banking Corp., Ltd.—Series H | 164,533 | ||||||
166,154 | China Molybdenum Co, Ltd. | 80,082 | ||||||
101,154 | China National Building Material Co., Ltd. | 99,562 | ||||||
835,981 | China Petroleum & Chemical Corp.—Series H | 748,301 | ||||||
428,148 | Chongqing Rural Commercial Bank Co., Ltd.—Series H | 254,125 | ||||||
257,720 | CIFI Holdings Group Co., Ltd. | 163,253 | ||||||
154,431 | Country Garden Holdings Co., Ltd. | 270,717 | ||||||
226,768 | Dongfeng Motor Group Co., Ltd.—Series H | 239,017 | ||||||
22,740 | ENN Energy Holdings, Ltd. | 222,702 | ||||||
57,102 | Haier Electronics Group Co., Ltd. | 194,816 | ||||||
9,322 | JD.com, Inc.—ADR (a)(b) | 363,092 | ||||||
95,910 | Luye Pharma Group Ltd. | 97,998 | ||||||
351,398 | Metallurgical Corp of China, Ltd. | 103,539 | ||||||
6,343 | Momo, Inc.—ADR (a) | 275,921 | ||||||
1,332 | NetEase, Inc.—ADR | 336,556 | ||||||
2,809 | New Oriental Education & Technology Group, Inc.—ADR | 265,900 | ||||||
306,000 | PetroChina Co.—Series H | 233,115 | ||||||
160,745 | PICC Property & Casualty Co., Ltd.—Series H | 172,884 | ||||||
102,986 | Ping An Insurance Group Co. of China, Ltd.—Series H | 943,112 | ||||||
157,293 | Postal Savings Bank of China Co., Ltd. | 102,108 | ||||||
20,768 | Shenzhou International Group Holdings Ltd. | 255,558 | ||||||
35,594 | Shimao Property Holdings Ltd. | 92,801 | ||||||
1,615 | SINA Corp. (a) | 136,774 | ||||||
184,074 | Sinopec Shanghai Petrochemical Co., Ltd.—Series H | 111,902 | ||||||
326,638 | Sun Art Retail Group Ltd. | 426,123 | ||||||
9,829 | TAL Education Group—ADR (a) | 361,707 | ||||||
523,372 | The People’s Insurance Co. Group of China, Ltd.—Series H | 245,005 | ||||||
16,062 | Vipshop Holdings Ltd.—ADR (a) | 174,273 | ||||||
283,799 | Want Want China Holdings, Ltd. | 252,362 | ||||||
2,728 | Weibo Corp.—ADR (a)(b) | 242,137 | ||||||
12,340 | Yum China Holdings, Inc. | 474,596 | ||||||
1,555 | YY, Inc.—ADR (a) | 156,231 | ||||||
41,077 | ZTE Corp.—Series H | 62,108 | ||||||
|
|
|||||||
19,069,516 | ||||||||
|
|
|||||||
Colombia—0.55% |
||||||||
274,886 | Ecopetrol SA | 281,822 | ||||||
53,988 | Interconexion Electrica SA ESP | 268,922 | ||||||
|
|
|||||||
550,744 | ||||||||
|
|
Czech Republic—0.12% |
||||||||
5,038 | CEZ AS | 119,367 | ||||||
|
|
|||||||
Egypt—0.43% |
||||||||
43,369 | Commercial International Bank Egypt SAE | 206,959 | ||||||
21,753 | Eastern Tobacco | 219,091 | ||||||
|
|
|||||||
426,050 | ||||||||
|
|
|||||||
Hong Kong—11.65% |
||||||||
9,526 | AAC Technologies Holdings, Inc. | 133,776 | ||||||
126,377 | Agile Group Holdings, Ltd. | 215,024 | ||||||
153,322 | China First Capital Group, Ltd. (a) | 97,882 | ||||||
73,148 | China Gas Holdings, Ltd. | 293,265 | ||||||
76,556 | China Mobile Ltd. | 679,277 | ||||||
68,587 | China Resources Pharmaceutical Group, Ltd. | 94,832 | ||||||
346,338 | China Telecom Corp., Ltd.—Series H | 162,515 | ||||||
77,466 | China Unicom Hong Kong Ltd. | 96,560 | ||||||
115,853 | CITIC Ltd. | 162,975 | ||||||
154,185 | CNOOC, Ltd. | 264,203 | ||||||
17,751 | Country Garden Services Holdings Co., Ltd. (a) | 22,761 | ||||||
177,800 | CSPC Pharmaceutical Group Ltd. | 533,898 | ||||||
134,274 | Future Land Development Holdings, Ltd. | 120,933 | ||||||
80,042 | Geely Automobile Holdings Ltd. | 205,939 | ||||||
39,903 | Genscript Biotech Corp. (a) | 109,114 | ||||||
1,229,158 | Industrial & Commercial Bank of China Ltd.—Series H | 916,756 | ||||||
83,590 | Jiayuan International Group, Ltd. | 144,850 | ||||||
95,910 | Kingdee International Software Group Co Ltd. | 97,687 | ||||||
72,208 | Longfor Properties Co., Ltd. | 194,143 | ||||||
144,875 | MMG, Ltd. (a) | 100,859 | ||||||
343,380 | Sino Biopharmaceutical Ltd. | 524,412 | ||||||
74,395 | Sinotruk Hong Kong, Ltd. | 121,959 | ||||||
133,292 | SSY Group, Ltd. | 147,581 | ||||||
84,332 | Sunac China Holdings Ltd. | 293,307 | ||||||
13,632 | Sunny Optical Technology Group Co., Ltd. | 252,838 | ||||||
104,665 | Tencent Holdings Ltd. | 5,255,795 | ||||||
136,824 | Tingyi Cayman Islands Holding Corp. | 317,400 | ||||||
|
|
|||||||
11,560,541 | ||||||||
|
|
|||||||
Hungary—0.39% |
||||||||
26,752 | MOL Hungarian Oil & Gas Plc | 257,424 | ||||||
3,641 | OTP Bank Plc | 131,459 | ||||||
|
|
|||||||
388,883 | ||||||||
|
|
|||||||
Indonesia—1.37% |
||||||||
1,134,984 | Adaro Energy Tbk PT | 141,619 | ||||||
201,991 | Bank Central Asia Tbk PT | 301,659 | ||||||
500,386 | Bank Rakyat Indonesia Persero Tbk PT | 98,972 | ||||||
441,599 | Hanjaya Mandala Sampoerna Tbk PT | 110,045 | ||||||
127,262 | Indah Kiat Pulp & Paper Corp. Tbk PT (a) | 165,023 | ||||||
1,215,482 | Kalbe Farma Tbk PT | 103,386 | ||||||
177,812 | Matahari Department Store Tbk PT | 108,902 | ||||||
463,270 | Telekomunikasi Indonesia Persero Tbk PT | 121,328 | ||||||
66,176 | Unilever Indonesia Tbk PT | 212,662 | ||||||
|
|
|||||||
1,363,596 | ||||||||
|
|
|||||||
Malaysia—2.39% |
||||||||
27,976 | British American Tobacco Malaysia Bhd | 240,873 | ||||||
192,958 | Dialog Group BHD | 147,356 |
141,468 | DiGi.Com Bhd | 145,399 | ||||||
346,935 | Felda Global Ventures Holdings Bhd | 129,623 | ||||||
12,186 | Fraser & Neave Holdings Bhd | 117,712 | ||||||
97,284 | Hartalega Holdings Bhd | 144,342 | ||||||
47,797 | Malayan Banking Bhd | 106,453 | ||||||
100,451 | Maxis Communications Bhd | 135,891 | ||||||
13,743 | Nestle Malaysia Bhd | 501,490 | ||||||
36,474 | Public Bank Bhd | 210,999 | ||||||
171,718 | Sime Darby Bhd | 104,058 | ||||||
39,462 | Tenaga Nasional Bhd | 143,066 | ||||||
40,837 | Top Glove Corp. Bhd | 122,447 | ||||||
441,043 | YTL Corp. Bhd | 123,397 | ||||||
|
|
|||||||
2,373,106 | ||||||||
|
|
|||||||
Mexico—1.97% |
||||||||
570,545 | America Movil SAB de CV—Series L | 476,310 | ||||||
467,264 | Cemex SAB de CV (a) | 307,506 | ||||||
13,335 | Fomento Economico Mexicano SAB de CV | 117,193 | ||||||
17,272 | Gruma SAB de CV—Series B | 210,949 | ||||||
114,001 | Grupo Bimbo SAB de CV—Series A | 222,202 | ||||||
28,594 | Grupo Financiero Banorte SAB de CV—Series O | 168,135 | ||||||
2,153 | Southern Copper Corp. (b) | 100,911 | ||||||
133,688 | Wal-Mart de Mexico SAB de CV | 352,862 | ||||||
|
|
|||||||
1,956,068 | ||||||||
|
|
|||||||
Peru—0.28% |
||||||||
1,237 | CREDICORP Ltd. | 278,473 | ||||||
|
|
|||||||
Philippines—0.17% |
||||||||
5,802 | Globe Telecom, Inc. | 167,425 | ||||||
|
|
|||||||
Poland—1.51% |
||||||||
1,484 | CCC SA | 81,642 | ||||||
6,306 | CD Projekt SA (a) | 270,427 | ||||||
5,674 | Dino Polska SA (a) | 156,669 | ||||||
18,353 | Grupa Lotos SA | 278,069 | ||||||
4,933 | Jastrzebska Spolka Weglowa SA (a) | 100,341 | ||||||
126 | LPP SA | 284,208 | ||||||
47,499 | PGE Polska Grupa Energetyczna SA (a) | 118,037 | ||||||
9,217 | Polski Koncern Naftowy Orlen SA | 206,433 | ||||||
|
|
|||||||
1,495,826 | ||||||||
|
|
|||||||
Qatar—0.28% |
||||||||
13,796 | Ooredoo QPSC | 275,562 | ||||||
|
|
|||||||
Republic of Korea—14.80% |
||||||||
1,084 | Amorepacific Corp. | 313,790 | ||||||
2,112 | AMOREPACIFIC Group | 234,117 | ||||||
25,334 | BNK Financial Group, Inc. | 212,275 | ||||||
1,218 | Celltrion Pharm, Inc. (a) | 98,795 | ||||||
1,233 | Celltrion, Inc. (a) | 334,988 | ||||||
11,244 | Cheil Worldwide, Inc. | 208,235 | ||||||
3,709 | Coway Co., Ltd. | 288,464 | ||||||
1,351 | Daelim Industrial | 92,808 | ||||||
2,158 | DB Insurance Co., Ltd. | 114,284 | ||||||
28,225 | DGB Financial Group, Inc. | 259,587 | ||||||
9,404 | Hana Financial Group, Inc. | 361,121 | ||||||
2,648 | Hankook Tire Co., Ltd. | 100,053 | ||||||
1,449 | Hanssem Co., Ltd. | 136,365 |
5,061 | Hanwha Chemical Corp. | 99,197 | ||||||
8,478 | Hanwha Corp. | 239,855 | ||||||
24,749 | Hanwha Life Insurance Co., Ltd. | 117,635 | ||||||
1,973 | HLB, Inc. (a) | 172,378 | ||||||
3,666 | Hotel Shilla Co., Ltd. | 406,067 | ||||||
991 | Hyundai Heavy Industries Co., Ltd. (a) | 90,627 | ||||||
3,916 | Hyundai Marine & Fire Insurance Co., Ltd. | 118,580 | ||||||
521 | Hyundai Mobis Co., Ltd. | 99,095 | ||||||
2,843 | Hyundai Steel Co. | 134,114 | ||||||
20,385 | Industrial Bank of Korea | 281,145 | ||||||
10,053 | KB Financial Group, Inc. | 473,213 | ||||||
6,608 | Kia Motors Corp. | 182,576 | ||||||
6,123 | Korea Gas Corp. (a) | 351,954 | ||||||
2,452 | Korea Investment Holdings Co., Ltd. | 184,880 | ||||||
10,058 | Korean Air Lines Co., Ltd. | 254,824 | ||||||
4,092 | KT Corp. (d) | 100,642 | ||||||
569 | LG Chemical, Ltd. | 170,307 | ||||||
3,393 | LG Electronics, Inc. | 252,627 | ||||||
447 | LG Household & Health Care Ltd. | 560,123 | ||||||
438 | Lotte Chemical Corp. | 136,538 | ||||||
622 | Naver Corp. | 425,638 | ||||||
352 | NCSoft Corp. | 117,140 | ||||||
1,712 | OCI Co., Ltd. | 158,390 | ||||||
1,183 | POSCO | 349,056 | ||||||
1,772 | S-1 Corp. | 153,907 | ||||||
620 | Samsung Biologics Co., Ltd. (a) | 232,062 | ||||||
92,549 | Samsung Electronics Co., Ltd. | 3,876,839 | ||||||
15,151 | Samsung Heavy Industries Co., Ltd. (a) | 97,020 | ||||||
538 | Samsung SDS Co., Ltd. | 96,601 | ||||||
4,764 | Shinhan Financial Group Co., Ltd. | 184,453 | ||||||
384 | Shinsegae, Inc. | 138,105 | ||||||
3,156 | SillaJen, Inc. (a) | 207,160 | ||||||
10,866 | SK Hynix, Inc. | 834,066 | ||||||
1,768 | SK Innovation Co., Ltd. | 320,235 | ||||||
563 | SK Telecom Co., Ltd. | 117,672 | ||||||
14,086 | Woori Bank | 205,453 | ||||||
|
|
|||||||
14,695,056 | ||||||||
|
|
|||||||
Russian Federation—2.55% |
||||||||
23,178 | Gazprom PJSC—ADR | 102,215 | ||||||
8,946 | Lukoil PJSC—ADR | 616,648 | ||||||
5,938 | MMC Norilsk Nickel PJSC—ADR (b) | 107,062 | ||||||
4,003 | Novolipetsk Steel PJSC—ADR (a) | 96,936 | ||||||
56,299 | Sberbank of Russia PJSC—ADR (a)(b) | 808,172 | ||||||
9,904 | Severstal PJSC—GDR (e) | 144,231 | ||||||
36,200 | Surgutneftegas OJSC—ADR | 161,814 | ||||||
5,065 | Tatneft PJSC—ADR (b) | 324,667 | ||||||
112,651 | VTB Bank PJSC—GDR (e) | 171,568 | ||||||
|
|
|||||||
2,533,313 | ||||||||
|
|
|||||||
South Africa—4.85% |
||||||||
3,968 | Anglo American Platinum, Ltd. | 103,491 | ||||||
18,731 | AngloGold Ashanti, Ltd. | 153,562 | ||||||
13,226 | Barclays Africa Group, Ltd. | 153,576 | ||||||
1,711 | Capitec Bank Holdings, Ltd. | 107,796 |
7,902 | Clicks Group, Ltd. | 112,828 | ||||||
36,518 | Coronation Fund Managers, Ltd. | 155,230 | ||||||
17,306 | Exxaro Resources, Ltd. | 158,005 | ||||||
32,408 | FirstRand, Ltd. | 150,548 | ||||||
10,257 | Imperial Holdings, Ltd. | 146,305 | ||||||
8,198 | Kumba Iron Ore, Ltd. | 175,463 | ||||||
17,516 | Mr. Price Group, Ltd. | 287,464 | ||||||
5,315 | Naspers, Ltd.—N Shares | 1,340,144 | ||||||
5,835 | Nedbank Group, Ltd. | 105,977 | ||||||
36,910 | Pick n Pay Stores, Ltd. | 201,212 | ||||||
29,282 | Sappi, Ltd. | 194,833 | ||||||
4,304 | Sasol, Ltd. | 156,523 | ||||||
9,834 | Shoprite Holdings, Ltd. | 157,626 | ||||||
20,668 | Standard Bank Group, Ltd. | 288,570 | ||||||
36,360 | Telkom SA SOC, Ltd. | 129,695 | ||||||
12,915 | The Bidvest Group, Ltd. | 184,943 | ||||||
4,229 | Tiger Brands, Ltd. | 102,138 | ||||||
20,400 | Truworths International, Ltd. | 114,059 | ||||||
32,969 | Woolworths Holdings, Ltd. | 132,933 | ||||||
|
|
|||||||
4,812,921 | ||||||||
|
|
|||||||
Taiwan, Province of China—12.40% |
||||||||
141,076 | Acer, Inc. | 115,044 | ||||||
29,739 | Advantech Co., Ltd. | 195,829 | ||||||
9,227 | Airtac International Group | 130,970 | ||||||
626,054 | AU Optronics Corp. | 265,245 | ||||||
12,230 | Catcher Technology Co., Ltd. | 136,552 | ||||||
94,186 | Cathay Financial Holding Co., Ltd. | 165,900 | ||||||
74,112 | Chailease Holding Co., Ltd. | 242,369 | ||||||
860,915 | China Airlines Ltd. (a) | 268,498 | ||||||
382,822 | China Development Financial Holding Corp. | 139,749 | ||||||
35,054 | Chunghwa Telecom Co., Ltd. | 126,329 | ||||||
191,657 | CTBC Financial Holding Co., Ltd. | 137,709 | ||||||
189,228 | E.SUN Financial Holdings Co., Ltd. | 131,753 | ||||||
462,046 | Eva Airways Corp. | 223,338 | ||||||
332,000 | Evergreen Marine Corp. Taiwan, Ltd. (a) | 141,344 | ||||||
49,624 | Far EasTone Telecommunications Co., Ltd. | 128,187 | ||||||
55,796 | Feng TAY Enterprise Co., Ltd. | 279,680 | ||||||
224,287 | First Financial Holding Co., Ltd. | 151,431 | ||||||
27,820 | Formosa Petrochemical Corp. | 111,611 | ||||||
42,739 | Foxconn Technology Co., Ltd. | 104,505 | ||||||
103,394 | Fubon Financial Holding Co., Ltd. | 172,990 | ||||||
20,700 | General Interface Solution Holding, Ltd. | 133,970 | ||||||
16,019 | Globalwafers Co., Ltd. | 265,210 | ||||||
18,923 | Hiwin Technologies Corp. | 222,930 | ||||||
61,741 | Hon Hai Precision Industry Co., Ltd. | 168,248 | ||||||
601,000 | Innolux Corp. | 215,598 | ||||||
130,069 | Inventec Corp. | 102,003 | ||||||
1,809 | Largan Precision Co., Ltd. | 265,756 | ||||||
174,050 | Macronix International (a) | 246,820 | ||||||
12,584 | MediaTek, Inc. | 123,526 | ||||||
52,459 | Micro-Star International Co., Ltd. | 161,484 | ||||||
37,684 | Nan Ya Plastics Corp. | 107,632 | ||||||
27,517 | Nien Made Enterprise Co., Ltd. | 234,484 |
11,709 | Phison Electronics Corp. | 92,359 | ||||||
107,426 | Pou Chen Corp. | 124,644 | ||||||
42,921 | President Chain Store Corp. | 486,356 | ||||||
38,439 | Realtek Semiconductor Corp. | 139,668 | ||||||
461,658 | Shin Kong Financial Holding Co., Ltd. | 177,577 | ||||||
284,159 | SinoPac Financial Holdings Co., Ltd. | 102,414 | ||||||
56,134 | Standard Foods Corp. | 113,539 | ||||||
305,527 | Taishin Financial Holding Co., Ltd. | 144,182 | ||||||
358,054 | Taiwan Cooperative Financial Holding Co., Ltd. | 209,496 | ||||||
33,743 | Taiwan Mobile Co., Ltd. | 122,246 | ||||||
451,782 | Taiwan Semiconductor Manufacturing Co., Ltd. | 3,208,140 | ||||||
155,373 | Uni-President Enterprises Corp. | 393,843 | ||||||
189,440 | United Microelectronics Corp. | 106,146 | ||||||
74,239 | Vanguard International Semiconductor Corp. | 169,594 | ||||||
12,546 | Walsin Technology Corp. | 171,270 | ||||||
21,271 | Win Semiconductors Corp. | 152,314 | ||||||
238,584 | Winbond Electronics Corp. | 151,978 | ||||||
72,510 | WPG Holdings, Ltd. | 102,665 | ||||||
14,246 | Yageo Corp. | 523,586 | ||||||
|
|
|||||||
12,308,711 | ||||||||
|
|
|||||||
Thailand—1.86% |
||||||||
27,971 | Advanced Info Service PCL—NVDR | 156,105 | ||||||
98,006 | Airports of Thailand PCL—NVDR | 186,312 | ||||||
25,077 | Bumrungrad Hospital PCL—NVDR | 126,079 | ||||||
97,065 | CP ALL PCL—NVDR | 215,124 | ||||||
422,822 | Home Product Center PCL—NVDR | 171,224 | ||||||
57,815 | Indorama Ventures PCL | 95,464 | ||||||
510,260 | IRPC PCL | 89,241 | ||||||
25,039 | PTT Exploration & Production PCL | 105,995 | ||||||
81,744 | PTT Global Chemical PCL—NVDR | 179,940 | ||||||
250,880 | PTT PCL—NVDR | 362,712 | ||||||
65,998 | Thai Oil PCL—NVDR | 154,717 | ||||||
|
|
|||||||
1,842,913 | ||||||||
|
|
|||||||
Turkey—2.12% |
||||||||
59,486 | Akbank Turk AS | 97,224 | ||||||
41,980 | Aselsan Elektronik Sanayi Ve Ticaret AS | 211,058 | ||||||
16,127 | BIM Birlesik Magazalar AS | 235,521 | ||||||
82,905 | Eregli Demir ve Celik Fabrikalari TAS | 183,867 | ||||||
8,447 | Ford Otomotiv Sanayi AS | 112,411 | ||||||
51,198 | Haci Omer Sabanci Holding AS | 98,299 | ||||||
87,899 | Turk Hava Yollari AO (a) | 259,235 | ||||||
53,611 | Turkiye Garanti Bankasi AS | 97,795 | ||||||
107,297 | Turkiye Halk Bankasi AS (a) | 173,122 | ||||||
177,923 | Turkiye Is Bankasi—Series C | 220,748 | ||||||
120,019 | Turkiye Sise ve Cam Fabrikalari AS | 110,486 | ||||||
165,783 | Turkiye Vakiflar Bankasi TAO—Class D (a) | 176,881 | ||||||
236,618 | Yapi ve Kredi Bankasi AS (a) | 127,342 | ||||||
|
|
|||||||
2,103,989 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $65,520,370) |
84,150,246 | |||||||
|
|
INVESTMENT COMPANIES—11.15% |
||||||||
China—3.05% |
||||||||
50,780 | iShares Core MSCI Emerging Markets ETF | 2,666,458 | ||||||
12,237 | KraneShares Bosera MSCI China A ETF | 365,397 | ||||||
|
|
|||||||
3,031,855 | ||||||||
|
|
|||||||
India—8.09% |
||||||||
241,295 | iShares MSCI India ETF | 8,032,710 | ||||||
|
|
|||||||
Total Investment Companies (Cost $10,225,274) |
11,064,565 | |||||||
|
|
|||||||
PREFERRED STOCKS—3.25% |
||||||||
Brazil—1.94% |
||||||||
65,630 | Banco Bradesco SA—Preference Shares | 453,479 | ||||||
33,540 | Centrais Eletricas Brasileiras SA—Preference Shares (a) | 118,730 | ||||||
29,912 | Gerdau SA—Preference Shares | 106,891 | ||||||
70,164 | Itau Unibanco Holding SA—Preference Shares | 726,849 | ||||||
38,402 | Itausa—Investimentos Itau SA—Preference Shares | 91,057 | ||||||
97,539 | Petroleo Brasileiro SA—Preference Shares | 432,108 | ||||||
|
|
|||||||
1,929,114 | ||||||||
|
|
|||||||
Chile—0.20% |
||||||||
4,090 | Sociedad Quimica y Minera de Chile SA—Class B (d) | 196,145 | ||||||
|
|
|||||||
Colombia—0.13% |
||||||||
304,800 | Grupo Aval Acciones y Valores SA—Preference Shares | 127,388 | ||||||
|
|
|||||||
Republic of Korea—0.98% |
||||||||
932 | Amorepacific Corp.—Preference Shares | 129,487 | ||||||
415 | LG Household & Health Care, Ltd.—Preference Shares | 271,904 | ||||||
17,050 | Samsung Electronics Co., Ltd.—Preference Shares | 575,760 | ||||||
|
|
|||||||
977,151 | ||||||||
|
|
|||||||
Total Preferred Stocks (Cost $2,284,605) |
3,229,798 | |||||||
|
|
|||||||
SHORT TERM INVESTMENTS—0.51% |
||||||||
Money Market Funds—0.51% |
||||||||
Deutsche Government Money Market Series—Institutional Shares | ||||||||
508,193 | Effective Yield, 1.81% (c) |
508,192 | ||||||
|
|
|||||||
Total Short Term Investments (Cost $508,192) |
508,192 | |||||||
|
|
|||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING—4.62% |
||||||||
Investments Purchased with Proceeds from Securities Lending—4.62% |
||||||||
Mount Vernon Liquid Assets Portfolio, LLC | ||||||||
4,582,758 | Effective Yield, 2.21% (c) |
4,582,758 | ||||||
|
|
|||||||
Total Investments Purchased with Proceeds from Securities Lending (Cost $4,582,758) |
4,582,758 | |||||||
|
|
|||||||
Total Investments (Cost $83,121,199)—104.30% |
103,535,559 | |||||||
Liabilities in Excess of Other Assets—(4.30)% |
(4,265,192 | ) | ||||||
|
|
|||||||
TOTAL NET ASSETS—100.00% |
$ | 99,270,367 | ||||||
|
|
Percentages are stated as a percent of net assets.
(a) | Non-income producing security. |
(b) | All or portion of this security is on loan. |
(c) | Seven-day yield as of June 30, 2018. |
(d) | These securities have been deemed illiquid according to the Fund’s liquidity guidelines. The value of these securities total $685,774, which represents 0.69% of total net assets. |
(e) | Regulation S securities as defined under the Securities Act of 1933. Such securities are treated as liquid securities according to the Fund’s liquidity guidelines. The value of these securities total $315,799, which represents 0.32% of total net assets. |
Glossary of Terms
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
NVDR | Non-Voting Depositary Receipt |
GuideMark® Emerging Markets Fund
Schedule of Investments by Industry (Unaudited)
COMMON STOCKS |
||||
Aerospace & Defense |
0.32 | % | ||
Airlines |
1.01 | % | ||
Auto Components |
0.30 | % | ||
Automobiles |
0.87 | % | ||
Banks |
12.07 | % | ||
Beverages |
0.72 | % | ||
Biotechnology |
0.55 | % | ||
Capital Markets |
0.77 | % | ||
Chemicals |
1.22 | % | ||
Commercial Services & Supplies |
0.18 | % | ||
Communications Equipment |
0.06 | % | ||
Construction & Engineering |
0.29 | % | ||
Construction Materials |
0.60 | % | ||
Distributors |
0.15 | % | ||
Diversified Consumer Services |
0.63 | % | ||
Diversified Financial Services |
0.67 | % | ||
Diversified Telecommunication Services |
1.26 | % | ||
Electric Utilities |
0.78 | % | ||
Electronic Equipment, Instruments & Components |
2.35 | % | ||
Energy Equipment & Services |
0.15 | % | ||
Food & Staples Retailing |
2.62 | % | ||
Food Products |
2.87 | % | ||
Gas Utilities |
0.87 | % | ||
Health Care Equipment & Supplies |
0.27 | % | ||
Health Care Providers & Services |
0.29 | % | ||
Hotels, Restaurants & Leisure |
0.48 | % | ||
Household Durables |
1.33 | % | ||
Household Products |
0.56 | % | ||
Industrial Conglomerates |
0.81 | % | ||
Insurance |
2.71 | % | ||
Internet & Direct Marketing Retail |
0.54 | % | ||
Internet Software & Services |
12.79 | % | ||
Leisure Products |
0.17 | % | ||
Life Sciences Tools & Services |
0.45 | % | ||
Machinery |
0.82 | % | ||
Marine |
0.14 | % | ||
Media |
1.56 | % |
Metals & Mining |
2.48 | % | ||
Multiline Retail |
0.86 | % | ||
Multi-Utilities |
0.12 | % | ||
Oil & Gas |
0.37 | % | ||
Oil, Gas & Consumable Fuels |
5.27 | % | ||
Paper & Forest Products |
0.68 | % | ||
Personal Products |
0.67 | % | ||
Pharmaceuticals |
1.61 | % | ||
Professional Services |
0.11 | % | ||
Real Estate Management & Development |
1.60 | % | ||
Road & Rail |
0.29 | % | ||
Semiconductors & Semiconductor Equipment |
9.44 | % | ||
Software |
0.49 | % | ||
Specialty Retail |
1.09 | % | ||
Technology Hardware, Storage & Peripherals |
0.72 | % | ||
Textiles, Apparel & Luxury Goods |
1.52 | % | ||
Tobacco |
0.57 | % | ||
Transportation Infrastructure |
0.19 | % | ||
Water Utilities |
0.12 | % | ||
Wireless Telecommunication Services |
2.34 | % | ||
|
|
|||
TOTAL COMMON STOCKS |
84.77 | % | ||
|
|
|||
INVESTMENT COMPANIES |
||||
Exchange Traded Funds |
11.15 | % | ||
|
|
|||
TOTAL INVESTMENT COMPANIES |
11.15 | % | ||
|
|
|||
PREFERRED STOCKS |
||||
Banks |
1.40 | % | ||
Chemicals |
0.20 | % | ||
Electric Utilities |
0.12 | % | ||
Metals & Mining |
0.11 | % | ||
Oil, Gas & Consumable Fuels |
0.44 | % | ||
Personal Products |
0.40 | % | ||
Semiconductors & Semiconductor Equipment |
0.58 | % | ||
|
|
|||
TOTAL PREFERRED STOCKS |
3.25 | % | ||
|
|
|||
SHORT TERM INVESTMENTS |
||||
Money Market Funds |
0.51 | % | ||
|
|
|||
TOTAL SHORT TERM INVESTMENTS |
0.51 | % | ||
|
|
|||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
||||
Investments Purchased with Proceeds from Securities Lending |
4.62 | % | ||
|
|
|||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
4.62 | % | ||
|
|
|||
TOTAL INVESTMENTS |
104.30 | % | ||
Liabilities in Excess of Other Assets |
(4.30 | )% | ||
|
|
|||
TOTAL NET ASSETS |
100.00 | % | ||
|
|
Percentages are stated as a percent of net assets.
GuideMark® Small/Mid Cap Core Fund
Schedule of Investments (Unaudited)
Number of Shares |
Value | |||||||
COMMON STOCKS—90.45% | ||||||||
Aerospace & Defense—1.28% | ||||||||
427 | AAR Corp. | $ | 19,851 | |||||
509 | Aerojet Rocketdyne Holdings, Inc. (a)(b) | 15,010 | ||||||
204 | AeroVironment, Inc. (b) | 14,572 | ||||||
938 | Axon Enterprise, Inc. (b) | 59,263 | ||||||
992 | BWX Technologies, Inc. | 61,821 | ||||||
186 | Cubic Corp. | 11,941 | ||||||
258 | Curtiss-Wright Corp. | 30,707 | ||||||
555 | Ducommun, Inc. (b) | 18,365 | ||||||
545 | Engility Holdings, Inc. (b) | 16,699 | ||||||
317 | Esterline Technologies Corp. (b) | 23,395 | ||||||
273 | HEICO Corp. (a) | 19,873 | ||||||
584 | HEICO Corp.—Class A | 35,580 | ||||||
525 | Hexcel Corp. (a) | 34,849 | ||||||
324 | Huntington Ingalls Industries, Inc. | 70,240 | ||||||
563 | KLX, Inc. (b) | 40,480 | ||||||
365 | Maxar Technologies, Ltd. | 18,440 | ||||||
565 | Moog, Inc.—Class A | 44,047 | ||||||
719 | Sparton Corp. (b) | 13,654 | ||||||
1,072 | Spirit AeroSystems Holdings, Inc.—Class A | 92,096 | ||||||
303 | Teledyne Technologies, Inc. (b) | 60,315 | ||||||
1,397 | The KEYW Holding Corp. (b) | 12,210 | ||||||
1,203 | Vectrus, Inc. (b) | 37,076 | ||||||
|
|
|||||||
750,484 | ||||||||
|
|
|||||||
Air Freight & Logistics—0.22% | ||||||||
2,482 | Echo Global Logistics, Inc. (a)(b) | 72,599 | ||||||
226 | Forward Air Corp. | 13,352 | ||||||
303 | Hub Group, Inc.—Class A (b) | 15,089 | ||||||
8,035 | Radiant Logistics, Inc. (b) | 31,417 | ||||||
|
|
|||||||
132,457 | ||||||||
|
|
|||||||
Airlines—0.30% | ||||||||
900 | Alaska Air Group, Inc. | 54,351 | ||||||
334 | Copa Holdings SA—Class A | 31,603 | ||||||
462 | Hawaiian Holdings, Inc. | 16,609 | ||||||
2,890 | JetBlue Airways Corp. (b) | 54,852 | ||||||
365 | SkyWest, Inc. | 18,944 | ||||||
|
|
|||||||
176,359 | ||||||||
|
|
|||||||
Auto Components—0.78% | ||||||||
581 | Adient Plc—ADR | 28,579 | ||||||
2,352 | American Axle & Manufacturing Holdings, Inc. (a)(b) | 36,597 | ||||||
159 | Cooper-Standard Holdings, Inc. (b) | 20,777 | ||||||
1,536 | Dana, Inc. | 31,012 | ||||||
404 | Dorman Products, Inc. (b) | 27,597 | ||||||
632 | Fox Factory Holding Corp. (b) | 29,420 |
2,504 | Gentex Corp. | 57,642 | ||||||
327 | Gentherm, Inc. (b) | 12,851 | ||||||
2,143 | Goodyear Tire & Rubber Co. | 49,911 | ||||||
258 | LCI Industries | 23,259 | ||||||
340 | Standard Motor Products, Inc. (a) | 16,436 | ||||||
1,594 | Stoneridge, Inc. (b) | 56,013 | ||||||
289 | Tenneco, Inc. | 12,704 | ||||||
184 | Visteon Corp. (a)(b) | 23,780 | ||||||
263 | WABCO Holdings, Inc. (b) | 30,776 | ||||||
|
|
|||||||
457,354 | ||||||||
|
|
|||||||
Automobiles—0.24% | ||||||||
571 | Harley Davidson, Inc. (a) | 24,028 | ||||||
914 | Thor Industries, Inc. | 89,015 | ||||||
674 | Winnebago Industries, Inc. | 27,364 | ||||||
|
|
|||||||
140,407 | ||||||||
|
|
|||||||
Banks—5.90% | ||||||||
532 | 1st Constitution Bancorp | 12,183 | ||||||
274 | 1st Source Corp. | 14,640 | ||||||
339 | Ameris Bancorp | 18,086 | ||||||
318 | Arrow Financial Corp. | 11,575 | ||||||
1,911 | Associated Banc-Corp. | 52,170 | ||||||
1,500 | Banc of California, Inc. | 29,325 | ||||||
562 | BancFirst Corp. | 33,270 | ||||||
1,548 | Bancorp, Inc. (b) | 16,192 | ||||||
758 | BancorpSouth, Inc. | 24,976 | ||||||
1,501 | Bank of Commerce Holdings | 19,138 | ||||||
455 | Bank of Hawaii Corp. (a) | 37,956 | ||||||
140 | Bank of Marin Bancorp | 11,319 | ||||||
725 | Bank of the Ozarks, Inc. (a) | 32,654 | ||||||
1,592 | BankUnited, Inc. | 65,033 | ||||||
1,121 | BCB Bancorp, Inc. | 16,815 | ||||||
193 | BOK Financial Corp. | 18,144 | ||||||
375 | Bryn Mawr Bank Corp. | 17,362 | ||||||
545 | Byline Bancorp, Inc. (b) | 12,175 | ||||||
186 | C&F Financial Corp. | 11,634 | ||||||
402 | Cadence Bancorp | 11,606 | ||||||
374 | Camden National Corp. | 17,096 | ||||||
347 | Carolina Financial Corp. | 14,893 | ||||||
568 | Cathay General Bancorp | 22,998 | ||||||
582 | CenterState Banks, Inc. | 17,355 | ||||||
370 | Century Bancorp, Inc.—Class A | 28,268 | ||||||
313 | Chemical Financial Corp. | 17,425 | ||||||
306 | Chemung Financial Corp. | 15,334 | ||||||
495 | CIT Group, Inc. | 24,953 | ||||||
221 | City Holding Co. | 16,626 | ||||||
404 | CNB Financial Corp. | 12,144 | ||||||
315 | Columbia Banking System, Inc. (a) | 12,883 | ||||||
931 | Commerce Bancshares, Inc. | 60,245 | ||||||
248 | Community Bank Systems, Inc. | 14,649 | ||||||
1,549 | Community Bankers Trust Corp. (b) | 13,864 | ||||||
356 | Community Trust Bancorp, Inc. | 17,782 |
991 | Cullen Frost Bankers, Inc. | 107,266 | ||||||
645 | Customers Bancorp, Inc. (b) | 18,305 | ||||||
219 | Eagle Bancorp, Inc. (b) | 13,425 | ||||||
1,796 | East West Bancorp, Inc. | 117,099 | ||||||
953 | Enterprise Financial Services Corp. | 51,414 | ||||||
275 | Equity Bancshares, Inc.—Class A (b) | 11,407 | ||||||
460 | Esquire Financial Holdings, Inc. (b) | 12,139 | ||||||
320 | Evans Bancorp, Inc. | 14,752 | ||||||
1,296 | F.N.B. Corp. | 17,392 | ||||||
261 | Farmers & Merchants Bancorp, Inc. | 10,531 | ||||||
303 | Farmers Capital Bank Corp. | 15,786 | ||||||
1,281 | Farmers National Banc Corp. | 20,432 | ||||||
502 | FCB Financial Holdings, Inc.—Class A (b) | 29,518 | ||||||
733 | Fidelity Southern Corp. | 18,626 | ||||||
437 | First Bancorp | 17,878 | ||||||
2,432 | First BanCorp (a)(b) | 18,605 | ||||||
853 | First Bank | 11,857 | ||||||
105 | First Citizens BancShares, Inc.—Class A | 42,347 | ||||||
1,060 | First Commonwealth Financial Corp. | 16,441 | ||||||
352 | First Community Bancshares, Inc. | 11,215 | ||||||
2,422 | First Financial Bancorp | 74,234 | ||||||
409 | First Financial Bankshares, Inc. (a) | 20,818 | ||||||
723 | First Guaranty Bancshares, Inc. | 18,812 | ||||||
1,267 | First Horizon National Corp. | 22,603 | ||||||
320 | First Interstate BancSystem, Inc.—Class A | 13,504 | ||||||
500 | First Merchants Corp. (a) | 23,200 | ||||||
405 | First Mid-Illinois Bancshares, Inc. | 15,917 | ||||||
562 | First United Corp. | 11,493 | ||||||
310 | FNB Bancorp | 11,368 | ||||||
1,790 | Fulton Financial Corp. | 29,535 | ||||||
342 | German American Bancorp, Inc. | 12,261 | ||||||
365 | Glacier Bancorp, Inc. (a) | 14,118 | ||||||
343 | Great Southern Bancorp, Inc. | 19,620 | ||||||
1,332 | Green Bancorp, Inc. | 28,771 | ||||||
550 | Guaranty Bancorp | 16,390 | ||||||
814 | Hancock Holding Co. | 37,973 | ||||||
402 | Heartland Financial U.S.A., Inc. | 22,050 | ||||||
867 | Heritage Commerce Corp. | 14,730 | ||||||
755 | Hilltop Holdings, Inc. | 16,663 | ||||||
926 | Hope Bancorp, Inc. | 16,511 | ||||||
555 | Horizon Bancorp | 11,483 | ||||||
394 | IBERIABANK Corp. | 29,865 | ||||||
861 | Independent Bank Corp. | 21,956 | ||||||
172 | Independent Bank Group, Inc. | 11,490 | ||||||
879 | International Bancshares Corp. | 37,621 | ||||||
529 | Investar Holding Corp. | 14,627 | ||||||
1,515 | Investors Bancorp, Inc. | 19,377 | ||||||
981 | Lakeland Bancorp, Inc. | 19,473 | ||||||
267 | Lakeland Financial Corp. (a) | 12,867 | ||||||
310 | LegacyTexas Financial Group, Inc. | 12,096 | ||||||
1,077 | Live Oak Bancshares, Inc. | 33,010 |
1,115 | Macatawa Bank Corp. | 13,536 | ||||||
320 | Mercantile Bank Corp. | 11,827 | ||||||
305 | National Bank Holdings Corp.—Class A | 11,770 | ||||||
262 | National Bankshares, Inc. | 12,157 | ||||||
328 | Nicolet Bankshares, Inc. (b) | 18,076 | ||||||
885 | Northeast Bancorp | 19,293 | ||||||
355 | Northrim BanCorp, Inc. | 14,040 | ||||||
354 | Ohio Valley Banc Corp. | 18,567 | ||||||
458 | Old Line Bancshares, Inc. | 15,989 | ||||||
1,437 | Old National Bancorp | 26,728 | ||||||
1,571 | Old Second Bancorp, Inc. | 22,622 | ||||||
369 | Pacific Premier Bancorp, Inc. (a)(b) | 14,077 | ||||||
822 | PacWest Bancorp | 40,623 | ||||||
104 | Park National Corp. | 11,588 | ||||||
1,302 | Parke Bancorp, Inc. | 30,792 | ||||||
577 | Peoples Bancorp, Inc. | 21,799 | ||||||
371 | People’s Utah Bancorp | 13,245 | ||||||
186 | Pinnacle Financial Partners, Inc. | 11,411 | ||||||
596 | Popular, Inc. (a) | 26,945 | ||||||
336 | Preferred Bank (a) | 20,651 | ||||||
833 | Premier Financial Bancorp, Inc. | 15,552 | ||||||
524 | Prosperity Bancshares, Inc. | 35,821 | ||||||
353 | QCR Holdings, Inc. | 16,750 | ||||||
324 | Republic Bancorp, Inc.—Class A | 14,677 | ||||||
511 | S&T Bancorp, Inc. | 22,096 | ||||||
438 | Sandy Spring Bancorp, Inc. | 17,962 | ||||||
396 | SB One Bancorp | 11,761 | ||||||
364 | Seacoast Banking Corp. of Florida (b) | 11,495 | ||||||
838 | ServisFirst Bancshares, Inc. | 34,970 | ||||||
1,465 | Shore Bancshares, Inc. | 27,864 | ||||||
148 | Signature Bank (b) | 18,926 | ||||||
385 | Simmons First National Corp.—Class A | 11,512 | ||||||
253 | Southern First Bancshares, Inc. (b) | 11,183 | ||||||
317 | Stock Yards Bancorp, Inc. | 12,094 | ||||||
582 | Summit Financial Group, Inc. | 15,621 | ||||||
1,749 | Synovus Financial Corp. | 92,400 | ||||||
2,390 | TCF Financial Corp. | 58,842 | ||||||
496 | Texas Capital Bancshares, Inc. (a)(b) | 45,384 | ||||||
834 | The Bank of N.T. Butterfield & Son Ltd. | 38,130 | ||||||
329 | The First Bancshares, Inc. | 11,828 | ||||||
593 | TowneBank | 19,035 | ||||||
827 | TriState Capital Holdings, Inc. (b) | 21,585 | ||||||
493 | Triumph Bancorp, Inc. (b) | 20,090 | ||||||
386 | Trustmark Corp. | 12,595 | ||||||
342 | UMB Financial Corp. | 26,071 | ||||||
1,727 | Umpqua Holdings Corp. | 39,013 | ||||||
290 | Union Bankshares Corp. | 11,275 | ||||||
248 | Union Bankshares, Inc. | 12,871 | ||||||
313 | United Bankshares, Inc. | 11,393 | ||||||
366 | United Community Banks, Inc. | 11,225 | ||||||
511 | Unity Bancorp, Inc. | 11,625 |
1,796 | Valley National Bancorp (a) | 21,839 | ||||||
323 | Washington Trust Bancorp, Inc. | 18,766 | ||||||
450 | Webster Financial Corp. (a) | 28,665 | ||||||
709 | WesBanco, Inc. | 31,933 | ||||||
901 | West Bancorporation, Inc. | 22,660 | ||||||
1,071 | Western Alliance Bancorp (b) | 60,629 | ||||||
852 | Wintrust Financial Corp. | 74,167 | ||||||
1,851 | Zions Bancorporation (a) | 97,529 | ||||||
|
|
|||||||
3,467,209 | ||||||||
|
|
|||||||
Beverages—0.29% | ||||||||
220 | Boston Beer Co., Inc.—Class A (b) | 65,934 | ||||||
9,877 | Castle Brands, Inc. (b) | 11,754 | ||||||
3,692 | Celsius Holdings, Inc. (b) | 16,983 | ||||||
142 | Coca-Cola Bottling Co. | 19,188 | ||||||
174 | MGP Ingredients, Inc. (a) | 15,453 | ||||||
405 | National Beverage Corp. (b) | 43,295 | ||||||
|
|
|||||||
172,607 | ||||||||
|
|
|||||||
Biotechnology—3.80% | ||||||||
760 | Abeona Therapeutics, Inc. (b) | 12,160 | ||||||
1,983 | Acorda Therapeutics, Inc. (b) | 56,912 | ||||||
2,535 | ADMA Biologics, Inc. (b) | 11,433 | ||||||
1,977 | Adverum Biotechnologies, Inc. (b) | 10,478 | ||||||
1,117 | Aeglea BioTherapeutics, Inc. (b) | 11,818 | ||||||
258 | Agios Pharmaceuticals, Inc. (b) | 21,731 | ||||||
430 | Aimmune Therapeutics, Inc. (b) | 11,563 | ||||||
339 | Albireo Pharma, Inc. (b) | 12,034 | ||||||
1,013 | Alkermes Plc (b) | 41,695 | ||||||
209 | Alnylam Pharmaceuticals, Inc. (b) | 20,584 | ||||||
2,238 | AMAG Pharmaceuticals, Inc. (a)(b) | 43,641 | ||||||
1,171 | Amicus Therapeutics, Inc. (b) | 18,291 | ||||||
182 | AnaptysBio, Inc. (b) | 12,929 | ||||||
375 | ANI Pharmaceuticals, Inc. (a)(b) | 25,050 | ||||||
360 | Arena Pharmaceuticals, Inc. (b) | 15,696 | ||||||
2,331 | ArQule, Inc. (b) | 12,890 | ||||||
2,119 | Array BioPharma, Inc. (b) | 35,557 | ||||||
1,321 | Arrowhead Pharmaceuticals, Inc. (b) | 17,966 | ||||||
432 | Atara Biotherapeutics, Inc. (b) | 15,876 | ||||||
5,902 | Athersys, Inc. (b) | 11,627 | ||||||
563 | Audentes Therapeutics, Inc. (b) | 21,512 | ||||||
299 | Biohaven Pharmaceutical Holding Co Ltd. (b) | 11,816 | ||||||
235 | Bluebird Bio, Inc. (b) | 36,883 | ||||||
375 | Blueprint Medicines Corp. (b) | 23,805 | ||||||
991 | CareDx, Inc. (b) | 12,130 | ||||||
1,889 | CASI Pharmaceuticals, Inc. (b) | 15,546 | ||||||
1,093 | Catalyst Biosciences, Inc. (b) | 12,755 | ||||||
596 | Cellular Biomedicine Group, Inc. (b) | 11,652 | ||||||
2,018 | Concert Pharmaceuticals, Inc. (b) | 33,963 | ||||||
2,290 | CTI BioPharma Corp. (b) | 11,404 | ||||||
825 | CytomX Therapeutics, Inc. (b) | 18,859 | ||||||
896 | Dicerna Pharmaceuticals, Inc. (b) | 10,976 | ||||||
776 | Dynavax Technologies Corp. (b) | 11,834 |
724 | Eagle Pharmaceuticals, Inc. (a)(b) | 54,778 | ||||||
317 | Editas Medicine, Inc. (b) | 11,358 | ||||||
624 | Emergent BioSolutions, Inc. (a)(b) | 31,506 | ||||||
196 | Enanta Pharmaceuticals, Inc. (b) | 22,716 | ||||||
563 | Exact Sciences Corp. (a)(b) | 33,662 | ||||||
1,434 | Exelixis, Inc. (b) | 30,860 | ||||||
1,005 | Fate Therapeutics, Inc. (b) | 11,397 | ||||||
1,105 | Fennec Pharmaceuticals, Inc. (b) | 11,536 | ||||||
322 | FibroGen, Inc. (b) | 20,157 | ||||||
409 | Foundation Medicine, Inc. (a)(b) | 55,910 | ||||||
248 | G1 Therapeutics, Inc. (b) | 10,778 | ||||||
984 | Genomic Health, Inc. (a)(b) | 49,594 | ||||||
3,380 | Geron Corp. (b) | 11,593 | ||||||
453 | Global Blood Therapeutics, Inc. (b) | 20,476 | ||||||
702 | GTx, Inc. (b) | 10,748 | ||||||
892 | Halozyme Therapeutics, Inc. (a)(b) | 15,048 | ||||||
408 | Heron Therapeutics, Inc. (b) | 15,851 | ||||||
2,358 | ImmunoGen, Inc. (b) | 22,943 | ||||||
2,007 | Immunomedics, Inc. (a)(b) | 47,506 | ||||||
1,690 | Insys Therapeutics, Inc. (a)(b) | 12,236 | ||||||
418 | Intellia Therapeutics, Inc. (b) | 11,436 | ||||||
1,114 | Iovance Biotherapeutics, Inc. (b) | 14,259 | ||||||
653 | Karyopharm Therapeutics, Inc. (b) | 11,094 | ||||||
800 | Kura Oncology, Inc. (b) | 14,560 | ||||||
114 | Ligand Pharmaceuticals, Inc.—Class B (a)(b) | 23,617 | ||||||
184 | Loxo Oncology, Inc. (b) | 31,920 | ||||||
92 | Madrigal Pharmaceuticals, Inc. (b) | 25,731 | ||||||
1,412 | MediciNova, Inc. (b) | 11,240 | ||||||
596 | Mersana Therapeutics, Inc. (b) | 10,645 | ||||||
9,930 | MiMedx Group, Inc. (a)(b) | 63,453 | ||||||
241 | Mirati Therapeutics, Inc. (b) | 11,881 | ||||||
2,145 | Molecular Templates, Inc. (b) | 11,218 | ||||||
570 | Momenta Pharmaceuticals, Inc. (b) | 11,657 | ||||||
2,389 | Myriad Genetics, Inc. (a)(b) | 89,277 | ||||||
2,235 | Natera, Inc. (b) | 42,063 | ||||||
425 | Neurocrine Biosciences, Inc. (b) | 41,752 | ||||||
59,386 | Palatin Technologies, Inc. (b) | 57,593 | ||||||
7,358 | PDL BioPharma, Inc. (b) | 17,218 | ||||||
4,159 | Pieris Pharmaceuticals, Inc. (b) | 21,086 | ||||||
369 | PTC Therapeutics, Inc. (b) | 12,446 | ||||||
2,312 | Recro Pharma, Inc. (b) | 11,606 | ||||||
234 | REGENXBIO, Inc. (a)(b) | 16,790 | ||||||
443 | Retrophin, Inc. (b) | 12,076 | ||||||
576 | Rocket Pharmaceuticals, Inc. (b) | 11,307 | ||||||
1,048 | Sangamo Therapeutics, Inc. (b) | 14,882 | ||||||
251 | Sarepta Therapeutics, Inc. (b) | 33,177 | ||||||
782 | Seattle Genetics, Inc. (a)(b) | 51,917 | ||||||
1,868 | Sorrento Therapeutics, Inc. (b) | 13,450 | ||||||
148 | Spark Therapeutics, Inc. (b) | 12,248 | ||||||
1,010 | Spectrum Pharmaceuticals, Inc. (b) | 21,170 | ||||||
707 | Stemline Therapeutics, Inc. (b) | 11,347 |
1,200 | United Therapeutics Corp. (b) | 135,780 | ||||||
1,290 | Vanda Pharmaceuticals, Inc. (b) | 24,575 | ||||||
2,390 | Veracyte, Inc. (b) | 22,323 | ||||||
1,597 | Verastem, Inc. (b) | 10,987 | ||||||
3,438 | Vericel Corp. (b) | 33,349 | ||||||
1,144 | Viking Therapeutics, Inc. (b) | 10,857 | ||||||
1,913 | Vital Therapies, Inc. (b) | 13,104 | ||||||
506 | Voyager Therapeutics, Inc. (b) | 9,887 | ||||||
306 | Xencor, Inc. (b) | 11,325 | ||||||
2,318 | XOMA Corp. (b) | 48,400 | ||||||
1,320 | Zafgen, Inc. (b) | 13,504 | ||||||
|
|
|||||||
2,231,926 | ||||||||
|
|
|||||||
Building Products—1.42% | ||||||||
2,118 | A. O. Smith Corp. | 125,280 | ||||||
727 | AAON, Inc. | 24,173 | ||||||
794 | Allegion Plc | 61,424 | ||||||
173 | American Woodmark Corp. (b) | 15,838 | ||||||
348 | Apogee Enterprises, Inc. | 16,763 | ||||||
865 | Armstrong Flooring, Inc. (b) | 12,145 | ||||||
684 | Armstrong World Industries, Inc. (b) | 43,229 | ||||||
1,941 | Builders FirstSource, Inc. (a)(b) | 35,501 | ||||||
780 | Continental Building Products, Inc. (b) | 24,609 | ||||||
223 | CSW Industrials, Inc. (b) | 11,786 | ||||||
1,318 | Fortune Brands Home & Security, Inc. (a) | 70,763 | ||||||
623 | JELD-WEN Holding, Inc. (b) | 17,812 | ||||||
393 | Lennox International, Inc. (a) | 78,659 | ||||||
233 | Masonite International Corp. (b) | 16,741 | ||||||
656 | NCI Building Systems, Inc. (a)(b) | 13,776 | ||||||
982 | Owens Corning, Inc. | 62,229 | ||||||
205 | Patrick Industries, Inc. (b) | 11,654 | ||||||
672 | PGT Innovations, Inc. (b) | 14,011 | ||||||
867 | Quanex Building Products Corp. | 15,563 | ||||||
502 | Simpson Manufacturing Co., Inc. | 31,219 | ||||||
1,024 | Trex Co., Inc. (b) | 64,092 | ||||||
807 | Universal Forest Products, Inc. | 29,552 | ||||||
835 | USG Corp. (b) | 36,005 | ||||||
|
|
|||||||
832,824 | ||||||||
|
|
|||||||
Capital Markets—2.05% | ||||||||
1,629 | Artisan Partners Asset Management, Inc.—Class A | 49,114 | ||||||
192 | Ashford, Inc. (b) | 12,442 | ||||||
896 | B. Riley Financial, Inc. | 20,205 | ||||||
3,067 | BGC Partners, Inc.—Class A | 34,718 | ||||||
573 | Cohen & Steers, Inc. | 23,900 | ||||||
106 | Diamond Hill Investment Group, Inc. | 20,610 | ||||||
1,353 | Eaton Vance Corp. | 70,613 | ||||||
643 | Evercore Partners, Inc.—Class A | 67,804 | ||||||
539 | FactSet Research Systems, Inc. | 106,776 | ||||||
1,410 | Federated Investors, Inc.—Class B | 32,881 | ||||||
582 | Hamilton Lane, Inc.—Class A | 27,919 | ||||||
390 | HFF, Inc.—Class A | 13,396 | ||||||
748 | Houlihan Lokey, Inc. | 38,313 |
372 | INTL. FCStone, Inc. (b) | 19,236 | ||||||
3,323 | Ladenburg Thalmann Financial Services, Inc. | 11,298 | ||||||
1,871 | Lazard Ltd.—Class A | 91,511 | ||||||
732 | Legg Mason, Inc. | 25,422 | ||||||
1,302 | LPL Financial Holdings, Inc. | 85,333 | ||||||
363 | MarketAxess Holdings, Inc. (a) | 71,823 | ||||||
743 | Moelis & Co.—Class A (a) | 43,577 | ||||||
478 | Morningstar, Inc. | 61,303 | ||||||
705 | Oppenheimer Holdings, Inc.—Class A | 19,740 | ||||||
206 | Piper Jaffray Cos. | 15,831 | ||||||
376 | PJT Partners, Inc.—Class A | 20,075 | ||||||
2,329 | Pzena Investment Management, Inc.—Class A | 21,450 | ||||||
1,551 | SEI Investments Co. | 96,969 | ||||||
1,873 | Siebert Financial Corp. (b) | 19,517 | ||||||
934 | Virtu Financial, Inc.—Class A | 24,798 | ||||||
1,568 | Waddell & Reed Financial, Inc.—Class A (a) | 28,177 | ||||||
258 | Westwood Holdings Group, Inc. | 15,361 | ||||||
1,631 | WisdomTree Investments, Inc. | 14,809 | ||||||
|
|
|||||||
1,204,921 | ||||||||
|
|
|||||||
Chemicals—1.71% | ||||||||
395 | A. Schulman, Inc. | 17,578 | ||||||
1,063 | Advanced Emissions Solutions, Inc. | 12,076 | ||||||
318 | AdvanSix, Inc. (b) | 11,648 | ||||||
2,035 | AgroFresh Solutions, Inc. (b) | 14,265 | ||||||
831 | American Vanguard Corp. | 19,071 | ||||||
358 | Ashland Global Holdings, Inc. | 27,988 | ||||||
1,344 | Axalta Coating Systems, Ltd. (b) | 40,737 | ||||||
184 | Balchem Corp. | 18,058 | ||||||
379 | Cabot Corp. | 23,411 | ||||||
1,971 | CF Industries Holdings, Inc. (a) | 87,512 | ||||||
222 | Chase Corp. | 26,029 | ||||||
927 | Codexis, Inc. (b) | 13,349 | ||||||
305 | H.B. Fuller Co. | 16,372 | ||||||
2,022 | Huntsman Corp. | 59,042 | ||||||
828 | Ingevity Corp. (b) | 66,952 | ||||||
3,008 | Intrepid Potash, Inc. (b) | 12,333 | ||||||
599 | KMG Chemicals, Inc. | 44,194 | ||||||
595 | Kraton Corp. (b) | 27,453 | ||||||
687 | Kronos Worldwide, Inc. | 15,478 | ||||||
191 | Minerals Technologies, Inc. | 14,392 | ||||||
81 | NewMarket Corp. (a) | 32,764 | ||||||
1,503 | Olin Corp. | 43,166 | ||||||
2,853 | Platform Specialty Products Corp. (b) | 33,095 | ||||||
799 | PolyOne Corp. | 34,533 | ||||||
196 | Quaker Chemical Corp. | 30,355 | ||||||
1,320 | Rayonier Advanced Materials, Inc. | 22,559 | ||||||
655 | RPM International, Inc. | 38,200 | ||||||
279 | Stepan Co. | 21,765 | ||||||
1,124 | The Chemours Co. | 49,861 | ||||||
210 | The Scotts Miracle-Gro Co.—Class A (a) | 17,464 | ||||||
752 | Trinseo SA | 53,354 |
1,089 | Tronox, Ltd.—Class A | 21,432 | ||||||
2,303 | Valhi, Inc. | 10,962 | ||||||
1,393 | Valvoline, Inc. | 30,047 | ||||||
|
|
|||||||
1,007,495 | ||||||||
|
|
|||||||
Commercial Services & Supplies—1.73% | ||||||||
2,731 | ACCO Brands Corp. | 37,824 | ||||||
485 | Advanced Disposal Services, Inc. (b) | 12,018 | ||||||
858 | Avery Dennison Corp. | 87,602 | ||||||
243 | Barrett Business Services, Inc. | 23,467 | ||||||
1,008 | Casella Waste Systems, Inc.—Class A (b) | 25,815 | ||||||
216 | Clean Harbors, Inc. (b) | 11,999 | ||||||
629 | Comfort Systems USA, Inc. | 28,808 | ||||||
694 | Covanta Holding Corp. | 11,451 | ||||||
539 | Deluxe Corp. | 35,687 | ||||||
1,376 | Essendant, Inc. | 18,191 | ||||||
681 | Healthcare Services Group, Inc. (a) | 29,412 | ||||||
868 | Heritage-Crystal Clean, Inc. (b) | 17,447 | ||||||
1,750 | Herman Miller, Inc. | 59,325 | ||||||
813 | HNI Corp. | 30,244 | ||||||
1,318 | InnerWorkings, Inc. (b) | 11,453 | ||||||
857 | Interface, Inc. (a) | 19,668 | ||||||
895 | KAR Auction Services, Inc. | 49,046 | ||||||
4,551 | Kimball International, Inc.—Class B | 73,544 | ||||||
814 | Knoll, Inc. | 16,939 | ||||||
902 | LSC Communications, Inc. | 14,125 | ||||||
298 | McGrath RentCorp | 18,854 | ||||||
379 | Mobile Mini, Inc. | 17,775 | ||||||
476 | MSA Safety, Inc. (a) | 45,858 | ||||||
1,562 | Pitney Bowes, Inc. | 13,386 | ||||||
641 | Quad/Graphics, Inc. | 13,352 | ||||||
1,520 | Rollins, Inc. | 79,922 | ||||||
415 | SP Plus Corp. (b) | 15,438 | ||||||
2,012 | Steelcase, Inc.—Class A | 27,162 | ||||||
275 | Stericycle, Inc. (b) | 17,955 | ||||||
2,013 | Sykes Enterprises, Inc. (b) | 57,934 | ||||||
897 | Team, Inc. (a)(b) | 20,721 | ||||||
568 | Tetra Tech, Inc. | 33,228 | ||||||
370 | The Brinks Co. | 29,508 | ||||||
222 | Viad Corp. (a) | 12,044 | ||||||
|
|
|||||||
1,017,202 | ||||||||
|
|
|||||||
Communications Equipment—1.16% | ||||||||
582 | Acacia Communications, Inc. (a)(b) | 20,259 | ||||||
848 | ADTRAN, Inc. | 12,593 | ||||||
557 | Applied Optoelectronics, Inc. (b) | 25,009 | ||||||
2,169 | ARRIS International Plc (b) | 53,021 | ||||||
2,729 | Calix, Inc. (b) | 21,286 | ||||||
973 | Casa Systems, Inc. (a)(b) | 15,889 | ||||||
1,376 | Ciena Corp. (b) | 36,478 | ||||||
1,147 | Clearfield, Inc. (b) | 12,674 | ||||||
1,893 | CommScope Holding Co., Inc. (a)(b) | 55,285 | ||||||
494 | Comtech Telecommunications Corp. | 15,749 |
1,823 | DASAN Zhone Solutions, Inc. (b) | 17,793 | ||||||
2,114 | Digi International, Inc. (b) | 27,905 | ||||||
527 | EchoStar Corp.—Class A (b) | 23,399 | ||||||
7,657 | Extreme Networks, Inc. (b) | 60,950 | ||||||
969 | Finisar Corp. (a)(b) | 17,442 | ||||||
500 | InterDigital, Inc. (a) | 40,450 | ||||||
1,623 | KVH Industries, Inc. (b) | 21,748 | ||||||
368 | Lumentum Holdings, Inc. (a)(b) | 21,307 | ||||||
373 | NETGEAR, Inc. (b) | 23,313 | ||||||
1,520 | NetScout Systems, Inc. (a)(b) | 45,144 | ||||||
1,515 | Oclaro, Inc. (b) | 13,529 | ||||||
344 | Plantronics, Inc. (a) | 26,230 | ||||||
1,248 | Quantenna Communications, Inc. (b) | 19,394 | ||||||
3,650 | Ribbon Communications, Inc. (b) | 25,988 | ||||||
339 | Ubiquiti Networks, Inc. (a)(b) | 28,720 | ||||||
|
|
|||||||
681,555 | ||||||||
|
|
|||||||
Construction & Engineering—0.60% | ||||||||
957 | AECOM (a)(b) | 31,610 | ||||||
892 | Aegion Corp. (a)(b) | 22,969 | ||||||
1,005 | Ameresco, Inc.—Class A (b) | 12,060 | ||||||
203 | Dycom Industries, Inc. (a)(b) | 19,186 | ||||||
423 | EMCOR Group, Inc. | 32,224 | ||||||
844 | Fluor Corp. | 41,170 | ||||||
896 | IES Holdings, Inc. (b) | 15,008 | ||||||
662 | Jacobs Engineering Group, Inc. | 42,030 | ||||||
1,513 | KBR, Inc. | 27,113 | ||||||
500 | NV5 Global, Inc. (b) | 34,650 | ||||||
2,495 | Orion Group Holdings, Inc. (b) | 20,609 | ||||||
505 | Primoris Services Corp. | 13,751 | ||||||
765 | Quanta Services, Inc. (b) | 25,551 | ||||||
892 | Tutor Perini Corp. (a)(b) | 16,457 | ||||||
|
|
|||||||
354,388 | ||||||||
|
|
|||||||
Construction Materials—0.07% | ||||||||
137 | Eagle Materials, Inc. | 14,381 | ||||||
513 | Summit Materials, Inc.—Class A (b) | 13,469 | ||||||
278 | US Concrete, Inc. (a)(b) | 14,595 | ||||||
|
|
|||||||
42,445 | ||||||||
|
|
|||||||
Consumer Finance—1.08% | ||||||||
203 | Credit Acceptance Corp. (a)(b) | 71,740 | ||||||
1,039 | Curo Group Holdings Corp. (b) | 25,923 | ||||||
2,599 | Enova International, Inc. (b) | 94,994 | ||||||
1,290 | EZCORP, Inc.—Class A (b) | 15,545 | ||||||
317 | FirstCash, Inc. | 28,482 | ||||||
427 | Green Dot Corp.—Class A (b) | 31,338 | ||||||
5,553 | Navient Corp. | 72,356 | ||||||
510 | Nelnet, Inc.—Class A | 29,789 | ||||||
535 | OneMain Holdings, Inc. (a)(b) | 17,810 | ||||||
648 | PRA Group, Inc. (b) | 24,980 | ||||||
2,519 | Regional Management Corp. (b) | 88,215 | ||||||
3,790 | Santander Consumer USA Holdings, Inc. | 72,351 | ||||||
5,225 | SLM Corp. (a)(b) | 59,826 | ||||||
|
|
|||||||
633,349 | ||||||||
|
|
Containers & Packaging—0.62% | ||||||||
308 | AptarGroup, Inc. | 28,761 | ||||||
1,101 | Berry Plastics Group, Inc. (b) | 50,580 | ||||||
1,905 | Graphic Packaging Holding Co. | 27,642 | ||||||
314 | Greif, Inc.—Class A | 16,607 | ||||||
2,215 | Myers Industries, Inc. | 42,528 | ||||||
1,321 | Owens-Illinois, Inc. (b) | 22,206 | ||||||
949 | Packaging Corp. of America | 106,089 | ||||||
1,158 | Sealed Air Corp. | 49,157 | ||||||
776 | Silgan Holdings, Inc. | 20,820 | ||||||
|
|
|||||||
364,390 | ||||||||
|
|
|||||||
Distributors—0.05% | ||||||||
623 | Core-Mark Holding Co., Inc. | 14,142 | ||||||
1,326 | Funko, Inc.—Class A (b) | 16,641 | ||||||
|
|
|||||||
30,783 | ||||||||
|
|
|||||||
Diversified Consumer Services—1.94% | ||||||||
2,702 | Adtalem Global Education, Inc. (b) | 129,966 | ||||||
1,527 | American Public Education, Inc. (b) | 64,287 | ||||||
303 | Bright Horizons Family Solutions, Inc. (b) | 31,064 | ||||||
3,846 | Cambium Learning Group, Inc. (b) | 42,883 | ||||||
491 | Capella Education Co. | 48,462 | ||||||
3,491 | Career Education Corp. (b) | 56,450 | ||||||
674 | Carriage Services, Inc. | 16,547 | ||||||
2,460 | Chegg, Inc. (b) | 68,363 | ||||||
87 | Graham Holdings Co.—Class B | 50,991 | ||||||
638 | Grand Canyon Education, Inc. (b) | 71,207 | ||||||
4,372 | H&R Block, Inc. | 99,594 | ||||||
1,275 | Hillenbrand, Inc. | 60,116 | ||||||
2,652 | Houghton Mifflin Harcourt Co. (b) | 20,288 | ||||||
2,317 | K12, Inc. (b) | 37,929 | ||||||
199 | Matthews International Corp.—Class A | 11,701 | ||||||
2,606 | Regis Corp. (b) | 43,103 | ||||||
746 | Service Corp. International | 26,699 | ||||||
1,055 | ServiceMaster Global Holdings, Inc. (b) | 62,741 | ||||||
751 | Sotheby’s—Class A (a)(b) | 40,809 | ||||||
505 | Strayer Education, Inc. | 57,070 | ||||||
1,024 | Weight Watchers International, Inc. (a)(b) | 103,526 | ||||||
|
|
|||||||
1,143,796 | ||||||||
|
|
|||||||
Diversified Financial Services—0.20% | ||||||||
684 | Cannae Holdings, Inc. (b) | 12,688 | ||||||
707 | Encore Capital Group, Inc. (a)(b) | 25,876 | ||||||
831 | Voya Financial, Inc. | 39,057 | ||||||
361 | World Acceptance Corp. (a)(b) | 40,075 | ||||||
|
|
|||||||
117,696 | ||||||||
|
|
|||||||
Diversified Telecommunication Services—0.31% | ||||||||
351 | Cogent Communications Holdings, Inc. | 18,743 | ||||||
2,231 | Frontier Communications Corp. (a) | 11,958 | ||||||
2,159 | Ooma, Inc. (b) | 30,550 | ||||||
6,705 | Vonage Holdings Corp. (b) | 86,428 | ||||||
1,856 | Windstream Holdings, Inc. | 9,781 | ||||||
649 | Zayo Group Holdings, Inc. (b) | 23,676 | ||||||
|
|
|||||||
181,136 | ||||||||
|
|
Electric Utilities—0.37% | ||||||||
446 | ALLETE, Inc. | 34,525 | ||||||
280 | El Paso Electric Co. | 16,548 | ||||||
718 | Hawaiian Electric Industries, Inc. | 24,627 | ||||||
240 | IDACORP, Inc. (a) | 22,138 | ||||||
594 | OGE Energy Corp. | 20,915 | ||||||
353 | Pinnacle West Capital Corp. | 28,438 | ||||||
596 | PNM Resources, Inc. | 23,184 | ||||||
520 | Portland General Electric Co. | 22,235 | ||||||
2,770 | Spark Energy, Inc.—Class A | 27,007 | ||||||
|
|
|||||||
219,617 | ||||||||
|
|
|||||||
Electrical Equipment—0.76% | ||||||||
395 | Acuity Brands, Inc. | 45,769 | ||||||
248 | Allied Motion Technologies, Inc. | 11,874 | ||||||
831 | Atkore International Group, Inc. (b) | 17,260 | ||||||
344 | Belden, Inc. (a) | 21,025 | ||||||
662 | Brady Corp.—Class A | 25,520 | ||||||
253 | EnerSys | 18,884 | ||||||
1,699 | Enphase Energy, Inc. (b) | 11,434 | ||||||
262 | Franklin Electric Co., Inc. | 11,816 | ||||||
466 | Generac Holdings, Inc. (b) | 24,106 | ||||||
327 | Hubbell, Inc. | 34,577 | ||||||
527 | II-VI, Inc. (a)(b) | 22,898 | ||||||
462 | nVent Electric Plc (b) | 11,596 | ||||||
130 | Preformed Line Products Co. | 11,542 | ||||||
450 | Regal Beloit Corp. | 36,810 | ||||||
949 | Sensata Technologies Holding Plc (b) | 45,154 | ||||||
882 | Sunrun, Inc. (b) | 11,598 | ||||||
1,499 | Vicor Corp. (b) | 65,282 | ||||||
229 | Woodward Governor Co. | 17,601 | ||||||
|
|
|||||||
444,746 | ||||||||
|
|
|||||||
Electronic Equipment, Instruments & Components—2.70% | ||||||||
842 | Anixter International, Inc. (b) | 53,299 | ||||||
620 | Arrow Electronics, Inc. (b) | 46,674 | ||||||
473 | Avnet, Inc. (a) | 20,287 | ||||||
1,250 | AVX Corp. | 19,588 | ||||||
654 | Bel Fuse, Inc.—Class B | 13,669 | ||||||
1,066 | Benchmark Electronics, Inc. | 31,074 | ||||||
1,808 | CDW Corp. | 146,068 | ||||||
1,526 | Cognex Corp. | 68,075 | ||||||
183 | Coherent, Inc. (b) | 28,625 | ||||||
1,716 | Control4 Corp. (b) | 41,716 | ||||||
331 | CTS Corp. | 11,916 | ||||||
2,185 | Daktronics, Inc. | 18,594 | ||||||
571 | Dolby Laboratories, Inc.—Class A (a) | 35,225 | ||||||
2,170 | Electro Scientific Industries, Inc. (a)(b) | 34,221 | ||||||
506 | Fabrinet (b) | 18,666 | ||||||
300 | FARO Technologies, Inc. (b) | 16,305 | ||||||
3,074 | Fitbit, Inc.—Class A (b) | 20,073 |
953 | FLIR Systems, Inc. | 49,527 | ||||||
428 | Insight Enterprises, Inc. (b) | 20,942 | ||||||
3,876 | Iteris, Inc. (b) | 18,760 | ||||||
503 | Itron, Inc. (b) | 30,205 | ||||||
532 | Jabil, Inc. | 14,715 | ||||||
1,312 | KEMET Corp. (b) | 31,685 | ||||||
1,445 | Keysight Technologies, Inc. (b) | 85,298 | ||||||
867 | Kimball Electronics, Inc. (b) | 15,866 | ||||||
1,326 | Knowles Corp. (a)(b) | 20,288 | ||||||
107 | Littelfuse, Inc. | 24,415 | ||||||
519 | Methode Electronics, Inc. | 20,916 | ||||||
295 | MTS Systems Corp. (a) | 15,532 | ||||||
1,714 | Napco Security Technologies, Inc. (b) | 25,110 | ||||||
1,509 | National Instruments Corp. | 63,348 | ||||||
501 | Novanta, Inc. (b) | 31,212 | ||||||
244 | OSI Systems, Inc. (b) | 18,869 | ||||||
1,123 | PAR Technology Corp. (b) | 19,855 | ||||||
513 | Park Electrochemical Corp. | 11,896 | ||||||
926 | PC Connection, Inc. (a) | 30,743 | ||||||
474 | Plexus Corp. (a)(b) | 28,222 | ||||||
166 | Rogers Corp. (b) | 18,502 | ||||||
1,146 | Sanmina Corp. (b) | 33,578 | ||||||
544 | ScanSource, Inc. (b) | 21,923 | ||||||
146 | SYNNEX Corp. | 14,090 | ||||||
347 | Tech Data Corp. (b) | 28,496 | ||||||
2,242 | Trimble, Inc. (b) | 73,627 | ||||||
1,874 | TTM Technologies, Inc. (b) | 33,039 | ||||||
1,951 | Vishay Intertechnology, Inc. (a) | 45,263 | ||||||
325 | Vishay Precision Group, Inc. (b) | 12,399 | ||||||
733 | Zebra Technologies Corp.—Class A (b) | 105,002 | ||||||
|
|
|||||||
1,587,398 | ||||||||
|
|
|||||||
Energy Equipment & Services—1.03% | ||||||||
471 | Apergy Corp. (b) | 19,664 | ||||||
848 | Bristow Group, Inc. (b) | 11,965 | ||||||
1,342 | Carbo Ceramics, Inc. (b) | 12,306 | ||||||
1,549 | Dawson Geophysical Co. (b) | 12,237 | ||||||
1,787 | Diamond Offshore Drilling, Inc. (a)(b) | 37,277 | ||||||
341 | Dril-Quip, Inc. (b) | 17,527 | ||||||
883 | Era Group, Inc. (b) | 11,435 | ||||||
2,062 | FTS International, Inc. (b) | 29,363 | ||||||
1,577 | Helix Energy Solutions Group, Inc. (b) | 13,136 | ||||||
395 | Helmerich & Payne, Inc. (a) | 25,185 | ||||||
751 | ION Geophysical Corp. (b) | 18,249 | ||||||
299 | Mammoth Energy Services, Inc. (b) | 10,154 | ||||||
1,952 | Matrix Service Co. (b) | 35,819 | ||||||
902 | McDermott International, Inc. (a)(b) | 17,724 | ||||||
1,671 | Newpark Resources, Inc. (b) | 18,130 | ||||||
4,064 | Noble Corp. Plc (b) | 25,725 | ||||||
860 | Ocean Rig UDW, Inc.—Class A (b) | 25,353 | ||||||
1,099 | Oceaneering International, Inc. | 27,981 | ||||||
639 | Oil States International, Inc. (a)(b) | 20,512 |
2,396 | Pioneer Energy Services Corp. (b) | 14,017 | ||||||
3,754 | Profire Energy, Inc. (b) | 12,689 | ||||||
1,191 | RigNet, Inc. (b) | 12,267 | ||||||
3,414 | Rowan Cos., Inc.—Class A (b) | 55,375 | ||||||
1,003 | RPC, Inc. (a) | 14,614 | ||||||
206 | Seacor Holdings, Inc. (b) | 11,798 | ||||||
851 | Solaris Oilfield Infrastructure, Inc.—Class A (b) | 12,161 | ||||||
4,142 | Tetra Technologies, Inc. (b) | 18,432 | ||||||
4,991 | Transocean, Ltd. (a)(b) | 67,079 | ||||||
|
|
|||||||
608,174 | ||||||||
|
|
|||||||
Food & Staples Retailing—1.08% | ||||||||
532 | Casey’s General Stores, Inc. (a) | 55,903 | ||||||
1,791 | Diplomat Pharmacy, Inc. (b) | 45,778 | ||||||
1,090 | Ingles Markets, Inc.—Class A | 34,662 | ||||||
2,198 | Natural Grocers by Vitamin Cottage, Inc. (b) | 28,002 | ||||||
1,597 | Performance Food Group Co. (b) | 58,610 | ||||||
186 | PriceSmart, Inc. | 16,833 | ||||||
15,276 | Rite Aid Corp. (b) | 26,427 | ||||||
1,656 | SpartanNash Co. (a) | 42,261 | ||||||
1,732 | Sprouts Farmers Market, Inc. (b) | 38,225 | ||||||
757 | SUPERVALU, Inc. (a)(b) | 15,534 | ||||||
1,314 | The Chefs’ Warehouse, Inc. (a)(b) | 37,449 | ||||||
883 | United Natural Foods, Inc. (a)(b) | 37,669 | ||||||
2,792 | US Foods Holding Corp. (b) | 105,593 | ||||||
1,158 | Village Super Market, Inc.—Class A | 34,115 | ||||||
1,093 | Weis Markets, Inc. | 58,301 | ||||||
|
|
|||||||
635,362 | ||||||||
|
|
|||||||
Food Products—1.08% | ||||||||
409 | Alico, Inc. | 12,965 | ||||||
124 | Calavo Growers, Inc. (a) | 11,923 | ||||||
349 | Cal-Maine Foods, Inc. (b) | 16,002 | ||||||
1,576 | Darling International, Inc. (b) | 31,331 | ||||||
3,399 | Dean Foods Co. | 35,723 | ||||||
1,330 | Farmer Brothers Co. (b) | 40,632 | ||||||
2,192 | Flowers Foods, Inc. | 45,659 | ||||||
612 | Fresh Del Monte Produce, Inc. | 27,265 | ||||||
1,758 | Freshpet, Inc. (a)(b) | 48,257 | ||||||
1,124 | Hostess Brands, Inc. (a)(b) | 15,286 | ||||||
647 | Ingredion, Inc. | 71,623 | ||||||
115 | J&J Snack Foods Corp. | 17,534 | ||||||
1,157 | Lamb Weston Holdings, Inc. | 79,266 | ||||||
127 | Lancaster Colony Corp. | 17,579 | ||||||
814 | Pilgrim’s Pride Corp. (b) | 16,386 | ||||||
735 | Pinnacle Foods, Inc. | 47,819 | ||||||
320 | Post Holdings, Inc. (a)(b) | 27,526 | ||||||
319 | Sanderson Farms, Inc. (a) | 33,543 | ||||||
550 | The Hain Celestial Group, Inc. (b) | 16,390 | ||||||
431 | TreeHouse Foods, Inc. (b) | 22,632 | ||||||
|
|
|||||||
635,341 | ||||||||
|
|
Gas Utilities—0.38% | ||||||||
414 | Atmos Energy Corp. (a) | 37,318 | ||||||
365 | National Fuel Gas Co. (a) | 19,330 | ||||||
378 | New Jersey Resources Corp. (a) | 16,916 | ||||||
502 | ONE Gas, Inc. | 37,519 | ||||||
209 | Spire, Inc. | 14,766 | ||||||
1,511 | UGI Corp. | 78,678 | ||||||
237 | WGL Holdings, Inc. | 21,034 | ||||||
|
|
|||||||
225,561 | ||||||||
|
|
|||||||
Health Care Equipment & Supplies—4.13% | ||||||||
331 | Abaxis, Inc. | 27,476 | ||||||
3,081 | Accuray, Inc. (b) | 12,632 | ||||||
1,268 | AngioDynamics, Inc. (b) | 28,200 | ||||||
405 | Anika Therapeutics, Inc. (b) | 12,960 | ||||||
5,550 | Antares Pharma, Inc. (b) | 14,319 | ||||||
886 | AtriCure, Inc. (b) | 23,966 | ||||||
59 | Atrion Corp. | 35,365 | ||||||
1,754 | AxoGen, Inc. (a)(b) | 88,138 | ||||||
455 | Cantel Medical Corp. | 44,754 | ||||||
1,253 | Cardiovascular Systems, Inc. (b) | 40,522 | ||||||
1,695 | Cerus Corp. (b) | 11,306 | ||||||
304 | CONMED Corp. | 22,253 | ||||||
422 | CryoLife, Inc. (b) | 11,753 | ||||||
793 | CryoPort, Inc. (b) | 12,514 | ||||||
1,762 | Cutera, Inc. (b) | 71,009 | ||||||
1,114 | CytoSorbents Corp. (b) | 12,700 | ||||||
1,099 | DexCom, Inc. (a)(b) | 104,383 | ||||||
599 | FONAR Corp. (b) | 15,903 | ||||||
858 | Glaukos Corp. (b) | 34,869 | ||||||
2,053 | Globus Medical, Inc.—Class A (b) | 103,594 | ||||||
776 | Haemonetics Corp. (b) | 69,592 | ||||||
739 | Halyard Health, Inc. (b) | 42,308 | ||||||
1,179 | Helius Medical Technologies, Inc. (b) | 11,224 | ||||||
631 | Heska Corp. (b) | 65,491 | ||||||
650 | Hill-Rom Holdings, Inc. | 56,771 | ||||||
110 | ICU Medical, Inc. (b) | 32,301 | ||||||
591 | Inogen, Inc. (b) | 110,121 | ||||||
691 | Insulet Corp. (b) | 59,219 | ||||||
750 | Integer Holdings Corp. (b) | 48,487 | ||||||
593 | Integra LifeSciences Holdings Corp. (a)(b) | 38,195 | ||||||
568 | IntriCon Corp. (b) | 22,890 | ||||||
901 | iRadimed Corp. (b) | 18,696 | ||||||
293 | iRhythm Technologies, Inc. (a)(b) | 23,771 | ||||||
820 | K2M Group Holdings, Inc. (b) | 18,450 | ||||||
1,876 | Lantheus Holdings, Inc. (b) | 27,296 | ||||||
1,427 | LeMaitre Vascular, Inc. | 47,776 | ||||||
283 | LivaNova Plc (b) | 28,249 | ||||||
631 | Masimo Corp. (b) | 61,617 | ||||||
1,166 | Meridian Bioscience, Inc. (a) | 18,539 | ||||||
423 | Merit Medical Systems, Inc. (b) | 21,658 | ||||||
451 | Natus Medical, Inc. (b) | 15,559 | ||||||
382 | Neogen Corp. (a)(b) | 30,633 | ||||||
949 | Novocure Ltd. (b) | 29,704 |
1,082 | NuVasive, Inc. (a)(b) | 56,394 | ||||||
1,161 | NxStage Medical, Inc. (b) | 32,392 | ||||||
1,229 | OraSure Technologies, Inc. (b) | 20,242 | ||||||
638 | Orthofix International NV (b) | 36,251 | ||||||
443 | OrthoPediatrics Corp. (b) | 11,802 | ||||||
1,134 | Oxford Immunotec Global Plc (b) | 14,617 | ||||||
286 | Penumbra, Inc. (a)(b) | 39,511 | ||||||
273 | Quidel Corp. (b) | 18,155 | ||||||
2,636 | RTI Surgical, Inc. (b) | 12,126 | ||||||
1,422 | SeaSpine Holdings Corp. (b) | 17,946 | ||||||
2,546 | Senseonics Holdings, Inc. (b) | 10,464 | ||||||
623 | Sientra, Inc. (b) | 12,155 | ||||||
3,641 | STAAR Surgical Co. (b) | 112,871 | ||||||
520 | STERIS Plc (a) | 54,605 | ||||||
516 | SurModics, Inc. (b) | 28,483 | ||||||
1,954 | Tactile Systems Technology, Inc. (a)(b) | 101,608 | ||||||
1,260 | Tandem Diabetes Care, Inc. (b) | 27,745 | ||||||
330 | The Cooper Cos., Inc. (a) | 77,698 | ||||||
2,392 | TransEnterix, Inc. (a)(b) | 10,429 | ||||||
146 | Utah Medical Products, Inc. | 16,082 | ||||||
631 | Varex Imaging Corp. (b) | 23,404 | ||||||
527 | West Pharmaceutical Services, Inc. (a) | 52,326 | ||||||
563 | Wright Medical Group NV (a)(b) | 14,615 | ||||||
|
|
|||||||
2,429,084 | ||||||||
|
|
|||||||
Health Care Providers & Services—2.82% | ||||||||
503 | Acadia Healthcare Co., Inc. (b) | 20,578 | ||||||
555 | Addus HomeCare Corp. (b) | 31,774 | ||||||
925 | Amedisys, Inc. (b) | 79,050 | ||||||
855 | American Renal Associates Holdings, Inc. (b) | 13,483 | ||||||
1,069 | AMN Healthcare Services, Inc. (a)(b) | 62,643 | ||||||
8,380 | BioScrip, Inc. (b) | 24,553 | ||||||
1,015 | BioTelemetry, Inc. (b) | 45,675 | ||||||
2,567 | Brookdale Senior Living, Inc. (b) | 23,334 | ||||||
234 | Chemed Corp. | 75,304 | ||||||
1,001 | Civitas Solutions, Inc. (b) | 16,416 | ||||||
3,648 | Community Health Systems, Inc. (a)(b) | 12,111 | ||||||
359 | CorVel Corp. (b) | 19,386 | ||||||
5,394 | Cross Country Healthcare, Inc. (b) | 60,683 | ||||||
1,150 | Encompass Health Corp. | 77,878 | ||||||
1,137 | Envision Healthcare Corp. (b) | 50,039 | ||||||
7,274 | Genesis Healthcare, Inc. (b) | 16,657 | ||||||
592 | HealthEquity, Inc. (a)(b) | 44,459 | ||||||
534 | HMS Holdings Corp. (b) | 11,545 | ||||||
1,534 | Kindred Healthcare, Inc. (b) | 13,806 | ||||||
1,085 | LHC Group, Inc. (a)(b) | 92,865 | ||||||
432 | LifePoint Health, Inc. (a)(b) | 21,082 | ||||||
426 | Magellan Health Services, Inc. (b) | 40,875 | ||||||
746 | MEDNAX, Inc. (b) | 32,287 | ||||||
1,059 | Molina Healthcare, Inc. (a)(b) | 103,718 | ||||||
249 | National Healthcare Corp. | 17,525 | ||||||
1,763 | National Research Corp.—Class A | 65,936 |
765 | Owens & Minor, Inc. | 12,783 | ||||||
682 | Patterson Cos., Inc. (a) | 15,461 | ||||||
1,108 | PerkinElmer, Inc. | 81,139 | ||||||
358 | Premier, Inc.—Class A (a)(b) | 13,024 | ||||||
192 | Providence Service Corp. (b) | 15,082 | ||||||
3,496 | R1 RCM, Inc. (b) | 30,345 | ||||||
5,556 | RadNet, Inc. (b) | 83,340 | ||||||
1,287 | Select Medical Holdings Corp. (b) | 23,359 | ||||||
1,273 | Surgery Partners, Inc. (b) | 18,968 | ||||||
453 | Teladoc, Inc. (a)(b) | 26,297 | ||||||
395 | The Ensign Group, Inc. | 14,149 | ||||||
590 | Tivity Health, Inc. (b) | 20,768 | ||||||
1,845 | Triple-S Management Corp.—Class B (b) | 72,066 | ||||||
518 | Trupanion, Inc. (a)(b) | 19,995 | ||||||
123 | US Physical Therapy, Inc. | 11,808 | ||||||
508 | WellCare Health Plans, Inc. (b) | 125,090 | ||||||
|
|
|||||||
1,657,336 | ||||||||
|
|
|||||||
Health Care Technology—0.74% | ||||||||
2,306 | Allscripts Healthcare Solutions, Inc. (a)(b) | 27,672 | ||||||
354 | athenahealth, Inc. (b) | 56,335 | ||||||
379 | Computer Programs & Systems, Inc. | 12,469 | ||||||
357 | Cotiviti Holdings, Inc. (b) | 15,754 | ||||||
532 | Medidata Solutions, Inc. (b) | 42,858 | ||||||
389 | Omnicell, Inc. (b) | 20,403 | ||||||
5,284 | Quality Systems, Inc. (b) | 103,038 | ||||||
1,387 | Simulations Plus, Inc. | 30,861 | ||||||
388 | Tabula Rasa HealthCare, Inc. (b) | 24,766 | ||||||
966 | Veeva Systems, Inc.—Class A (b) | 74,247 | ||||||
958 | Vocera Communications, Inc. (a)(b) | 28,635 | ||||||
|
|
|||||||
437,038 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure—2.76% | ||||||||
1,029 | Aramark | 38,176 | ||||||
1,635 | BBX Capital Corp. | 14,764 | ||||||
12 | Biglari Holdings, Inc.—Class A (b) | 11,400 | ||||||
79 | Biglari Holdings, Inc.—Class B (b) | 14,496 | ||||||
193 | BJ’s Restaurants, Inc. | 11,580 | ||||||
760 | Bluegreen Vacations Corp. | 18,088 | ||||||
1,175 | Bojangles’, Inc. (b) | 16,920 | ||||||
859 | Boyd Gaming Corp. (a) | 29,773 | ||||||
1,253 | Brinker International, Inc. (a) | 59,643 | ||||||
3,135 | Callaway Golf Co. | 59,471 | ||||||
2,607 | Century Casinos, Inc. (b) | 22,811 | ||||||
504 | Cheesecake Factory, Inc. (a) | 27,750 | ||||||
990 | Choice Hotels International, Inc. | 74,844 | ||||||
187 | Churchill Downs, Inc. | 55,446 | ||||||
370 | Chuy’s Holdings, Inc. (b) | 11,359 | ||||||
100 | Cracker Barrel Old Country Store, Inc. (a) | 15,621 | ||||||
258 | Dave & Buster’s Entertainment, Inc. (b) | 12,281 | ||||||
1,351 | Del Taco Restaurants, Inc. (a)(b) | 19,157 | ||||||
1,622 | Denny’s Corp. (b) | 25,839 | ||||||
177 | DineEquity, Inc. | 13,240 |
559 | Domino’s Pizza, Inc. | 157,733 | ||||||
1,502 | Drive Shack, Inc. (b) | 11,596 | ||||||
428 | Dunkin’ Brands Group, Inc. (a) | 29,562 | ||||||
1,638 | El Pollo Loco Holdings, Inc. (b) | 18,673 | ||||||
403 | Eldorado Resorts, Inc. (a)(b) | 15,757 | ||||||
1,156 | Extended Stay America, Inc. | 24,981 | ||||||
843 | Fiesta Restaurant Group, Inc. (b) | 24,194 | ||||||
425 | Golden Entertainment, Inc. (b) | 11,471 | ||||||
518 | Hilton Grand Vacations, Inc. (b) | 17,975 | ||||||
440 | Hyatt Hotels Corp.—Class A | 33,946 | ||||||
922 | ILG, Inc. | 30,454 | ||||||
957 | International Game Technology Plc (a) | 22,241 | ||||||
269 | International Speedway Corp.—Class A | 12,024 | ||||||
1,482 | J Alexander’s Holdings, Inc. (b) | 16,524 | ||||||
252 | Jack in the Box, Inc. | 21,450 | ||||||
929 | Lindblad Expeditions Holdings, Inc. (b) | 12,309 | ||||||
242 | Marriott Vacations Worldwide Corp. | 27,336 | ||||||
268 | Monarch Casino & Resort, Inc. (b) | 11,805 | ||||||
274 | Nathan’s Famous, Inc. | 25,783 | ||||||
957 | Noodles & Co.—Class A (a)(b) | 11,771 | ||||||
387 | Papa John’s International, Inc. | 19,629 | ||||||
1,180 | Penn National Gaming, Inc. (a)(b) | 39,636 | ||||||
1,363 | Pinnacle Entertainment, Inc. (b) | 45,974 | ||||||
393 | Planet Fitness, Inc.—Class A (b) | 17,268 | ||||||
2,394 | Potbelly Corp. (b) | 31,002 | ||||||
481 | RCI Hospitality Holdings, Inc. | 15,224 | ||||||
1,064 | Red Lion Hotels Corp. (b) | 12,396 | ||||||
269 | Red Robin Gourmet Burgers, Inc. (a)(b) | 12,535 | ||||||
514 | Red Rock Resorts, Inc.—Class A | 17,219 | ||||||
1,273 | Ruth’s Hospitality Group, Inc. | 35,708 | ||||||
535 | Scientific Games Corp.—Class A (b) | 26,295 | ||||||
529 | SeaWorld Entertainment, Inc. (b) | 11,543 | ||||||
177 | Shake Shack, Inc.—Class A (b) | 11,714 | ||||||
271 | Six Flags Entertainment Corp. (a) | 18,984 | ||||||
339 | Sonic Corp. (a) | 11,668 | ||||||
745 | Speedway Motorsports, Inc. | 12,933 | ||||||
304 | Texas Roadhouse, Inc. | 19,915 | ||||||
927 | Town Sports International Holdings, Inc. (b) | 13,488 | ||||||
203 | Vail Resorts, Inc. (a) | 55,661 | ||||||
703 | Wingstop, Inc. (a) | 36,640 | ||||||
593 | Wyndham Destinations, Inc. | 26,252 | ||||||
740 | Wyndham Hotels & Resorts, Inc. | 43,534 | ||||||
|
|
|||||||
1,625,462 | ||||||||
|
|
|||||||
Household Durables—1.58% | ||||||||
906 | AV Homes, Inc. (b) | 19,388 | ||||||
914 | Bassett Furniture Industries, Inc. | 25,181 | ||||||
1,217 | Beazer Homes USA, Inc. (a)(b) | 17,951 | ||||||
75 | Cavco Industries, Inc. (b) | 15,574 | ||||||
858 | Ethan Allen Interiors, Inc. | 21,021 | ||||||
377 | Flexsteel Industries, Inc. | 15,042 | ||||||
3,118 | GoPro, Inc.—Class A (a)(b) | 20,080 |
2,156 | Green Brick Partners, Inc. (b) | 21,129 | ||||||
747 | Hamilton Beach Brands Holding Co.—Class A | 21,700 | ||||||
218 | Helen of Troy, Ltd. (b) | 21,462 | ||||||
676 | Hooker Furniture Corp. | 31,704 | ||||||
9,989 | Hovnanian Enterprises, Inc.—Class A (b) | 16,282 | ||||||
412 | Installed Building Products, Inc. (b) | 23,299 | ||||||
480 | iRobot Corp. (a)(b) | 36,370 | ||||||
1,716 | KB Home (a) | 46,744 | ||||||
953 | La-Z-Boy, Inc. (a) | 29,162 | ||||||
234 | LGI Homes, Inc. (a)(b) | 13,509 | ||||||
1,132 | Lifetime Brands, Inc. | 14,320 | ||||||
38 | NVR, Inc. (b) | 112,873 | ||||||
2,241 | PulteGroup, Inc. | 64,429 | ||||||
1,443 | Purple Innovation, Inc. (b) | 12,266 | ||||||
565 | Roku, Inc. (b) | 24,080 | ||||||
712 | Skyline Champion Corp. | 24,948 | ||||||
728 | Taylor Morrison Home Corp.—Class A (b) | 15,128 | ||||||
527 | Tempur Sealy International, Inc. (a)(b) | 25,322 | ||||||
1,323 | Toll Brothers, Inc. | 48,938 | ||||||
329 | TopBuild Corp. (a)(b) | 25,774 | ||||||
1,636 | TRI Pointe Group, Inc. (b) | 26,765 | ||||||
785 | Tupperware Brands Corp. (a) | 32,373 | ||||||
1,728 | Turtle Beach Corp. (b) | 35,113 | ||||||
400 | Universal Electronics, Inc. (b) | 13,220 | ||||||
522 | William Lyon Homes—Class A (b) | 12,110 | ||||||
2,710 | ZAGG, Inc. (b) | 46,883 | ||||||
|
|
|||||||
930,140 | ||||||||
|
|
|||||||
Household Products—0.32% |
||||||||
537 | Central Garden & Pet Co. (b) |
23,349 | ||||||
653 | Central Garden & Pet Co.—Class A (b) |
26,427 | ||||||
467 | Energizer Holdings, Inc. |
29,402 | ||||||
2,401 | HRG Group, Inc. (b) |
31,429 | ||||||
280 | Oil-Dri Corp. of America |
11,799 | ||||||
438 | WD-40 Co. |
64,058 | ||||||
|
|
|||||||
186,464 | ||||||||
|
|
|||||||
Independent Power and Renewable Electricity Producers—0.67% |
||||||||
18,511 | Atlantic Power Corp. (b) |
40,724 | ||||||
3,684 | NRG Energy, Inc.—Class C |
113,099 | ||||||
2,258 | NRG Yield, Inc.—Class A |
38,499 | ||||||
2,316 | NRG Yield, Inc.—Class C |
39,835 | ||||||
6,962 | Vistra Energy Corp. (b) |
164,721 | ||||||
|
|
|||||||
396,878 | ||||||||
|
|
|||||||
Industrial Conglomerates—0.18% |
||||||||
276 | Carlisle Companies, Inc. |
29,893 | ||||||
523 | Otter Tail Corp. |
24,895 | ||||||
467 | Raven Industries, Inc. |
17,956 | ||||||
4 | Seaboard Corp. |
15,851 | ||||||
622 | Tredegar Corp. |
14,617 | ||||||
|
|
|||||||
103,212 | ||||||||
|
|
Insurance—2.87% |
||||||||
54 | Alleghany Corp. | 31,048 | ||||||
1,252 | American Equity Investment Life Holding Co. (a) | 45,072 | ||||||
951 | American Financial Group, Inc. | 102,071 | ||||||
99 | American National Insurance Co. | 11,840 | ||||||
868 | AMERISAFE, Inc. | 50,127 | ||||||
1,659 | AmTrust Financial Services, Inc. (a) | 24,172 | ||||||
244 | Argo Group International Holdings, Ltd. | 14,189 | ||||||
731 | Assurant, Inc. | 75,651 | ||||||
1,871 | Assured Guaranty, Ltd. | 66,851 | ||||||
274 | Brighthouse Financial, Inc. (b) | 10,979 | ||||||
3,370 | Brown & Brown, Inc. | 93,450 | ||||||
1,653 | CNO Financial Group, Inc. | 31,473 | ||||||
4,301 | Crawford & Co.—Class B | 37,204 | ||||||
662 | Employers Holdings, Inc. | 26,612 | ||||||
74 | Enstar Group Ltd. (b) | 15,340 | ||||||
419 | Erie Indemnity Co.—Class A (a) | 49,132 | ||||||
253 | Everest Re Group, Ltd. | 58,312 | ||||||
222 | FBL Financial Group, Inc.—Class A | 17,483 | ||||||
518 | FedNat Holding Co. | 11,950 | ||||||
1,313 | First American Financial Corp. | 67,908 | ||||||
725 | Health Insurance Innovations, Inc.—Class A (b) | 23,454 | ||||||
843 | Heritage Insurance Holdings, Inc. (a) | 14,053 | ||||||
279 | Horace Mann Educators Corp. | 12,443 | ||||||
333 | Independence Holding Co. | 11,072 | ||||||
208 | Infinity Property & Casualty Corp. | 29,609 | ||||||
124 | Investors Title Co. | 22,898 | ||||||
470 | James River Group Holdings, Ltd. | 18,466 | ||||||
280 | Kemper Corp. (a) | 21,182 | ||||||
1,066 | Kingstone Cos., Inc. | 18,015 | ||||||
443 | National General Holdings Corp. | 11,664 | ||||||
85 | National Western Life Group, Inc.—Class A | 26,117 | ||||||
2,086 | Old Republic International Corp. | 41,532 | ||||||
626 | Primerica, Inc. | 62,350 | ||||||
452 | ProAssurance Corp. | 16,023 | ||||||
686 | Reinsurance Group of America, Inc. | 91,567 | ||||||
391 | RLI Corp. | 25,880 | ||||||
147 | Safety Insurance Group, Inc. | 12,554 | ||||||
612 | Selective Insurance Group, Inc. | 33,660 | ||||||
319 | The Hanover Insurance Group, Inc. (a) | 38,140 | ||||||
1,253 | Third Point Reinsurance, Ltd. (b) | 15,663 | ||||||
2,196 | Tiptree, Inc.—Class A | 14,933 | ||||||
1,415 | Torchmark Corp. | 115,195 | ||||||
214 | United Fire Group, Inc. | 11,665 | ||||||
596 | United Insurance Holdings Corp. | 11,670 | ||||||
1,750 | Universal Insurance Holdings, Inc. | 61,425 | ||||||
1,191 | W.R. Berkley Corp. (a) | 86,240 | ||||||
|
|
|||||||
1,688,334 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail—1.00% |
||||||||
2,650 | 1-800-Flowers.Com, Inc.—Class A (a)(b) | 33,258 | ||||||
1,341 | Duluth Holdings, Inc.—Class B (b) | 31,902 | ||||||
1,570 | Etsy, Inc. (b) | 66,238 | ||||||
531 | Gaia, Inc. (b) | 10,753 |
8,004 | Groupon, Inc. (a)(b) | 34,417 | ||||||
1,853 | Lands’ End, Inc. (b) | 51,699 | ||||||
486 | Liberty Expedia Holdings, Inc.—Class A (b) | 21,355 | ||||||
838 | Nutrisystem, Inc. | 32,263 | ||||||
1,462 | Overstock.com, Inc. (a)(b) | 49,196 | ||||||
707 | PetMed Express, Inc. | 31,143 | ||||||
514 | Shutterfly, Inc. (a)(b) | 46,276 | ||||||
1,136 | TripAdvisor, Inc. (a)(b) | 63,287 | ||||||
974 | Wayfair, Inc.—Class A (a)(b) | 115,672 | ||||||
|
|
|||||||
587,459 | ||||||||
|
|
|||||||
Internet Software & Services—4.18% |
||||||||
1,274 | 2U, Inc. (b) | 106,455 | ||||||
4,855 | Aerohive Networks, Inc. (b) | 19,274 | ||||||
698 | Alarm.com Holdings, Inc. (b) | 28,185 | ||||||
651 | Alteryx, Inc.—Class A (a)(b) | 24,842 | ||||||
2,536 | Amber Road, Inc. (b) | 23,864 | ||||||
1,704 | Appfolio, Inc.—Class A (b) | 104,200 | ||||||
1,259 | Apptio, Inc.—Class A (b) | 45,576 | ||||||
1,578 | Blucora, Inc. (b) | 58,386 | ||||||
2,035 | Box, Inc.—Class A (a)(b) | 50,855 | ||||||
3,529 | Brightcove, Inc. (b) | 34,055 | ||||||
1,506 | Carbonite, Inc. (b) | 52,559 | ||||||
672 | Cardlytics, Inc. (b) | 14,623 | ||||||
1,338 | Care.com, Inc. (b) | 27,937 | ||||||
1,189 | Cargurus, Inc. (b) | 41,306 | ||||||
2,174 | ChannelAdvisor Corp. (b) | 30,545 | ||||||
470 | Cimpress NV (b) | 68,131 | ||||||
1,441 | Cloudera, Inc. (b) | 19,655 | ||||||
607 | Cornerstone OnDemand, Inc. (b) | 28,790 | ||||||
240 | Coupa Software, Inc. (a)(b) | 14,938 | ||||||
647 | DocuSign, Inc. (a)(b) | 34,259 | ||||||
2,836 | eGain Corp. (b) | 42,824 | ||||||
260 | Envestnet, Inc. (b) | 14,287 | ||||||
1,718 | Five9, Inc. (b) | 59,391 | ||||||
889 | GoDaddy, Inc.—Class A (b) | 62,763 | ||||||
462 | GrubHub, Inc. (a)(b) | 48,468 | ||||||
349 | GTT Communications, Inc. (b) | 15,705 | ||||||
3,005 | Hortonworks, Inc. (b) | 54,751 | ||||||
1,272 | Instructure, Inc. (b) | 54,124 | ||||||
782 | j2 Global, Inc. | 67,729 | ||||||
2,185 | Leaf Group, Ltd. (b) | 23,707 | ||||||
2,398 | LivePerson, Inc. (b) | 50,598 | ||||||
344 | LogMeIn, Inc. (a) | 35,518 | ||||||
1,307 | Match Group, Inc. (a)(b) | 50,633 | ||||||
678 | MINDBODY, Inc.—Class A (b) | 26,171 | ||||||
672 | New Relic, Inc. (b) | 67,597 | ||||||
2,526 | NIC, Inc. | 39,279 | ||||||
1,134 | Nutanix, Inc.—Class A (b) | 58,480 | ||||||
535 | Okta, Inc. (b) | 26,948 | ||||||
3,344 | Pandora Media, Inc. (a)(b) | 26,351 | ||||||
430 | Q2 Holdings, Inc. (b) | 24,532 |
5,757 | QuinStreet, Inc. (b) | 73,114 | ||||||
1,601 | Quotient Technology, Inc. (b) | 20,973 | ||||||
2,669 | Remark Holdings, Inc. (b) | 10,436 | ||||||
558 | SendGrid, Inc. (b) | 14,798 | ||||||
468 | ShotSpotter, Inc. (b) | 17,751 | ||||||
494 | Shutterstock, Inc. (b) | 23,445 | ||||||
178 | SPS Commerce, Inc. (b) | 13,079 | ||||||
269 | Stamps.com, Inc. (b) | 68,070 | ||||||
2,794 | TechTarget, Inc. (b) | 79,350 | ||||||
2,791 | Telaria, Inc. (b) | 11,276 | ||||||
12,783 | The Meet Group, Inc. (b) | 57,268 | ||||||
281 | The Trade Desk, Inc.—Class A (a)(b) | 26,358 | ||||||
1,408 | Travelzoo, Inc. (b) | 24,077 | ||||||
4,511 | TrueCar, Inc. (b) | 45,516 | ||||||
214 | Tucows, Inc.—Class A (a)(b) | 12,979 | ||||||
767 | Twilio, Inc.—Class A (b) | 42,967 | ||||||
1,374 | Web.com Group, Inc. (b) | 35,518 | ||||||
1,735 | XO Group, Inc. (a)(b) | 55,520 | ||||||
1,671 | Yelp, Inc.—Class A (b) | 65,470 | ||||||
1,163 | Yext, Inc. (a)(b) | 22,492 | ||||||
293 | Zillow Group, Inc.—Class A (b) | 17,507 | ||||||
701 | Zillow Group, Inc.—Class C (a)(b) | 41,401 | ||||||
|
|
|||||||
2,457,656 | ||||||||
|
|
|||||||
IT Services—2.59% |
||||||||
972 | Acxiom Corp. (b) | 29,111 | ||||||
926 | Black Knight, Inc. (b) | 49,587 | ||||||
2,269 | Booz Allen Hamilton Holding Corp.—Class A | 99,223 | ||||||
431 | CACI International, Inc.—Class A (b) | 72,645 | ||||||
1,084 | Cardtronics Plc—Class A (b) | 26,211 | ||||||
2,788 | Conduent, Inc. (b) | 50,658 | ||||||
3,676 | Convergys Corp. | 89,841 | ||||||
1,088 | CoreLogic, Inc. (b) | 56,467 | ||||||
1,294 | CSG Systems International, Inc. | 52,886 | ||||||
470 | EPAM Systems, Inc. (b) | 58,435 | ||||||
438 | Euronet Worldwide, Inc. (b) | 36,691 | ||||||
1,520 | EVERTEC, Inc. | 33,212 | ||||||
2,303 | Exela Technologies, Inc. (b) | 10,939 | ||||||
538 | ExlService Holdings, Inc. (b) | 30,456 | ||||||
540 | Forrester Research, Inc. | 22,653 | ||||||
1,645 | Genpact, Ltd. | 47,590 | ||||||
8,664 | Information Services Group, Inc. (b) | 35,522 | ||||||
1,150 | Leidos Holdings, Inc. (a) | 67,850 | ||||||
668 | ManTech International Corp.—Class A | 35,832 | ||||||
1,785 | Maximus, Inc. | 110,866 | ||||||
1,853 | Perficient, Inc. (a)(b) | 48,864 | ||||||
1,952 | Perspecta, Inc. | 40,114 | ||||||
2,902 | PFSweb, Inc. (b) | 28,207 | ||||||
860 | Presidio, Inc. (b) | 11,266 | ||||||
2,565 | PRGX Global, Inc. (b) | 24,881 | ||||||
1,325 | Sabre Corp. | 32,648 | ||||||
660 | Science Applications International Corp. | 53,414 |
1,262 | Syntel, Inc. (b) | 40,498 | ||||||
2,154 | The Hackett Group, Inc. | 34,615 | ||||||
2,118 | Travelport Worldwide, Ltd. (a) | 39,268 | ||||||
840 | TTEC Holdings, Inc. | 29,022 | ||||||
2,157 | Unisys Corp. (b) | 27,825 | ||||||
1,141 | VeriFone Systems, Inc. (b) | 26,038 | ||||||
572 | Virtusa Corp. (a)(b) | 27,845 | ||||||
222 | WEX, Inc. (a)(b) | 42,287 | ||||||
|
|
|||||||
1,523,467 | ||||||||
|
|
|||||||
Leisure Products—1.03% |
||||||||
895 | Acushnet Holdings Corp. | 21,892 | ||||||
1,726 | American Outdoor Brands Corp. (b) | 20,764 | ||||||
829 | Brunswick Corp. | 53,454 | ||||||
509 | Johnson Outdoors, Inc.—Class A | 43,026 | ||||||
970 | Malibu Boats, Inc.—Class A (b) | 40,682 | ||||||
1,817 | Marine Products Corp. | 32,306 | ||||||
1,367 | Mattel, Inc. | 22,446 | ||||||
3,490 | MCBC Holdings, Inc. (b) | 101,035 | ||||||
1,586 | Nautilus, Inc. (a)(b) | 24,900 | ||||||
556 | Polaris Industries, Inc. (a) | 67,932 | ||||||
860 | Pool Corp. (a) | 130,290 | ||||||
504 | Sturm, Ruger & Company, Inc. | 28,224 | ||||||
1,047 | Vista Outdoor, Inc. (b) | 16,218 | ||||||
|
|
|||||||
603,169 | ||||||||
|
|
|||||||
Life Sciences Tools & Services—0.91% |
||||||||
153 | Bio-Rad Laboratories, Inc.—Class A (b) | 44,147 | ||||||
164 | Bio-Techne Corp. | 24,264 | ||||||
1,386 | Bruker Corp. | 40,249 | ||||||
768 | Cambrex Corp. (a)(b) | 40,166 | ||||||
541 | Charles River Laboratories International, Inc. (b) | 60,733 | ||||||
2,959 | Enzo Biochem, Inc. (b) | 15,357 | ||||||
2,185 | Fluidigm Corp. (b) | 13,023 | ||||||
2,217 | Harvard Bioscience, Inc. (b) | 11,861 | ||||||
1,245 | Luminex Corp. | 36,765 | ||||||
1,775 | Medpace Holdings, Inc. (b) | 76,325 | ||||||
1,627 | NanoString Technologies, Inc. (b) | 22,257 | ||||||
879 | NeoGenomics, Inc. (b) | 11,524 | ||||||
356 | PRA Health Sciences, Inc. (b) | 33,236 | ||||||
1,855 | QIAGEN NV (b) | 67,077 | ||||||
795 | Syneos Health, Inc. (b) | 37,285 | ||||||
|
|
|||||||
534,269 | ||||||||
|
|
|||||||
Machinery—3.27% |
||||||||
604 | AGCO Corp. | 36,675 | ||||||
225 | Alamo Group, Inc. | 20,331 | ||||||
1,024 | Allison Transmission Holdings, Inc. | 41,462 | ||||||
388 | Altra Industrial Motion Corp. (a) | 16,723 | ||||||
525 | Badger Meter, Inc. (a) | 23,468 | ||||||
583 | Barnes Group, Inc. | 34,339 | ||||||
730 | Blue Bird Corp. (b) | 16,316 | ||||||
398 | Chart Industries, Inc. (b) | 24,549 | ||||||
716 | Colfax Corp. (b) | 21,945 |
1,234 | Columbus McKinnon Corp. | 53,506 | ||||||
501 | Crane Co. | 40,145 | ||||||
267 | DMC Global, Inc. | 11,988 | ||||||
1,055 | Donaldson Co., Inc. | 47,602 | ||||||
612 | Douglas Dynamics, Inc. | 29,376 | ||||||
232 | EnPro Industries, Inc. | 16,228 | ||||||
347 | ESCO Technologies, Inc. | 20,022 | ||||||
753 | Federal Signal Corp. | 17,537 | ||||||
1,026 | FreightCar America, Inc. | 17,227 | ||||||
1,191 | Gardner Denver Holdings, Inc. (b) | 35,004 | ||||||
751 | Gates Industrial Corp Plc (b) | 12,219 | ||||||
363 | Global Brass & Copper Holdings, Inc. | 11,380 | ||||||
385 | Gorman Rupp Co. | 13,475 | ||||||
1,917 | Graco, Inc. | 86,687 | ||||||
448 | Graham Corp. | 11,563 | ||||||
1,042 | Harsco Corp. (b) | 23,028 | ||||||
396 | Hurco Cos., Inc. | 17,721 | ||||||
215 | Hyster-Yale Materials Handling, Inc. | 13,814 | ||||||
788 | IDEX Corp. | 107,546 | ||||||
531 | ITT, Inc. | 27,755 | ||||||
581 | John Bean Technologies Corp. (a) | 51,651 | ||||||
241 | Kadant, Inc. | 23,172 | ||||||
667 | Kennametal, Inc. (a) | 23,945 | ||||||
506 | L.B. Foster Co.—Class A (b) | 11,613 | ||||||
623 | Lincoln Electric Holdings, Inc. (a) | 54,674 | ||||||
124 | Lindsay Corp. | 12,027 | ||||||
998 | Manitex International, Inc. (b) | 12,455 | ||||||
1,403 | Meritor, Inc. (b) | 28,860 | ||||||
898 | Milacron Holdings Corp. (b) | 16,999 | ||||||
620 | NACCO Industries, Inc.—Class A | 20,925 | ||||||
335 | Navistar International Corp. (b) | 13,641 | ||||||
398 | Nordson Corp. | 51,107 | ||||||
635 | Omega Flex, Inc. | 50,235 | ||||||
697 | Oshkosh Corp. | 49,013 | ||||||
396 | Park-Ohio Holdings Corp. | 14,771 | ||||||
640 | Pentair Plc | 26,931 | ||||||
326 | Proto Labs, Inc. (b) | 38,778 | ||||||
103 | RBC Bearings, Inc. (b) | 13,267 | ||||||
789 | Rexnord Corp. (b) | 22,928 | ||||||
409 | Snap-on, Inc. | 65,734 | ||||||
1,046 | Spartan Motors, Inc. | 15,795 | ||||||
337 | SPX Corp. (b) | 11,812 | ||||||
455 | SPX FLOW, Inc. (b) | 19,915 | ||||||
298 | Sun Hydraulics Corp. | 14,361 | ||||||
346 | Tennant Co. | 27,334 | ||||||
1,239 | Terex Corp. | 52,273 | ||||||
568 | The Eastern Co. | 15,932 | ||||||
441 | The Greenbrier Companies, Inc. | 23,263 | ||||||
142 | The Middleby Corp. (a)(b) | 14,828 | ||||||
428 | The Timken Co. | 18,639 | ||||||
1,201 | Toro Co. | 72,360 |
1,320 | TriMas Corp. (b) | 38,808 | ||||||
819 | Trinity Industries, Inc. | 28,059 | ||||||
570 | Twin Disc, Inc. (b) | 14,147 | ||||||
118 | Valmont Industries, Inc. | 17,789 | ||||||
1,564 | Wabash National Corp. | 29,184 | ||||||
334 | Wabtec Corp. | 32,926 | ||||||
300 | Watts Water Technologies, Inc.—Class A | 23,520 | ||||||
|
|
|||||||
1,923,302 | ||||||||
|
|
|||||||
Marine—0.16% |
||||||||
2,458 | Costamare, Inc. | 19,615 | ||||||
1,083 | Genco Shipping & Trading Ltd. (b) | 16,786 | ||||||
446 | Kirby Corp. (a)(b) | 37,286 | ||||||
313 | Matson, Inc. | 12,013 | ||||||
3,412 | Safe Bulkers, Inc. (b) | 11,601 | ||||||
|
|
|||||||
97,301 | ||||||||
|
|
|||||||
Media—1.21% |
||||||||
240 | AMC Networks, Inc.—Class A (b) | 14,928 | ||||||
1,054 | Beasley Broadcast Group, Inc.—Class A | 11,805 | ||||||
549 | Boston Omaha Corp. Class A (b) | 11,567 | ||||||
44 | Cable One, Inc. (a) | 32,265 | ||||||
4,264 | Central European Media Enterprises Ltd.—Class A (b) | 17,696 | ||||||
4,041 | Entravision Communications Corp.—Class A | 20,205 | ||||||
879 | Eros International Plc (b) | 11,427 | ||||||
3,330 | Gannett Co., Inc. (a) | 35,631 | ||||||
612 | GCI Liberty, Inc.—Class A (b) | 27,589 | ||||||
1,048 | Gray Television, Inc. (b) | 16,558 | ||||||
651 | John Wiley & Sons, Inc.—Class A | 40,622 | ||||||
346 | Liberty Media Group—Class C (a)(b) | 12,847 | ||||||
866 | Lions Gate Entertainment Corp.—Class A (a) | 21,494 | ||||||
751 | Lions Gate Entertainment Corp.—Class B | 17,618 | ||||||
1,506 | Live Nation Entertainment, Inc. (b) | 73,146 | ||||||
1,208 | MSG Networks, Inc.—Class A (b) | 28,932 | ||||||
1,628 | New Media Investment Group, Inc. | 30,085 | ||||||
329 | Nexstar Media Group, Inc.—Class A | 24,149 | ||||||
644 | Scholastic Corp. | 28,536 | ||||||
729 | Sinclair Broadcast Group, Inc.—Class A (a) | 23,437 | ||||||
1,573 | TEGNA, Inc. | 17,067 | ||||||
1,961 | The Interpublic Group of Companies, Inc. (a) | 45,966 | ||||||
93 | The Madison Square Garden Co.—Class A (b) | 28,848 | ||||||
1,653 | The New York Times Co.—Class A | 42,813 | ||||||
780 | tronc, Inc. (b) | 13,478 | ||||||
573 | Value Line, Inc. | 13,580 | ||||||
641 | World Wrestling Entertainment, Inc.—Class A | 46,678 | ||||||
|
|
|||||||
708,967 | ||||||||
|
|
|||||||
Metals & Mining—1.09% |
||||||||
1,827 | Alcoa Corp. (b) | 85,650 | ||||||
657 | Allegheny Technologies, Inc. (a)(b) | 16,504 | ||||||
370 | Carpenter Technology Corp. | 19,451 | ||||||
1,224 | Century Aluminum Co. (b) | 19,278 | ||||||
1,751 | Cleveland-Cliffs, Inc. (b) | 14,761 | ||||||
738 | Commercial Metals Co. | 15,579 |
266 | Compass Minerals International, Inc. (a) | 17,489 | ||||||
3,195 | Ferroglobe Representation & Warranty Insurance Trust (c)(f) | — | ||||||
503 | Gibraltar Industries, Inc. (b) | 18,862 | ||||||
2,684 | Gold Resource Corp. | 17,687 | ||||||
316 | Haynes International, Inc. | 11,610 | ||||||
540 | Materion Corp. | 29,241 | ||||||
892 | Olympic Steel, Inc. | 18,206 | ||||||
1,553 | Ramaco Resources, Inc. (b) | 10,809 | ||||||
791 | Reliance Steel & Aluminum Co. | 69,244 | ||||||
306 | Royal Gold, Inc. (a) | 28,409 | ||||||
707 | Schnitzer Steel Industries, Inc.—Class A | 23,826 | ||||||
1,884 | Steel Dynamics, Inc. | 86,570 | ||||||
1,976 | SunCoke Energy, Inc. (b) | 26,478 | ||||||
576 | Synalloy Corp. | 11,491 | ||||||
1,376 | United States Steel Corp. | 47,816 | ||||||
495 | Universal Stainless & Alloy Products, Inc. (b) | 11,717 | ||||||
1,005 | Warrior Met Coal, Inc. | 27,708 | ||||||
314 | Worthington Industries, Inc. | 13,179 | ||||||
|
|
|||||||
641,565 | ||||||||
|
|
|||||||
Multiline Retail—0.85% |
||||||||
822 | Big Lots, Inc. (a) | 34,343 | ||||||
796 | Burlington Stores, Inc. (b) | 119,822 | ||||||
343 | Dillard’s, Inc.—Class A (a) | 32,413 | ||||||
6,902 | J.C. Penney Co., Inc. (a)(b) | 16,151 | ||||||
2,312 | Kohl’s Corp. (a) | 168,545 | ||||||
1,387 | Nordstrom, Inc. (a) | 71,819 | ||||||
511 | Ollie’s Bargain Outlet Holdings, Inc. (b) | 37,048 | ||||||
7,401 | Sears Holdings Corp. (b) | 17,540 | ||||||
|
|
|||||||
497,681 | ||||||||
|
|
|||||||
Multi-Utilities—0.33% |
||||||||
981 | Alliant Energy Corp. (a) | 41,516 | ||||||
294 | Avista Corp. | 15,482 | ||||||
311 | Black Hills Corp. (a) | 19,036 | ||||||
1,637 | MDU Resources Group, Inc. | 46,949 | ||||||
520 | NorthWestern Corp. | 29,770 | ||||||
309 | SCANA Corp. | 11,903 | ||||||
407 | Vectren Corp. | 29,080 | ||||||
|
|
|||||||
193,736 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels—1.78% |
||||||||
4,377 | Abraxas Petroleum Corp. (b) | 12,650 | ||||||
312 | Adams Resources & Energy, Inc. | 13,416 | ||||||
4,177 | Amyris, Inc. (b) | 26,691 | ||||||
579 | Antero Resources Corp. (b) | 12,362 | ||||||
424 | Arch Coal, Inc.—Class A | 33,254 | ||||||
2,097 | Ardmore Shipping Corp. (b) | 17,195 | ||||||
358 | California Resources Corp. (b) | 16,268 | ||||||
436 | Carrizo Oil & Gas Co, Inc. (b) | 12,143 | ||||||
669 | Centennial Resource Development, Inc.—Class A (b) | 12,082 | ||||||
4,953 | Cloud Peak Energy, Inc. (b) | 17,286 | ||||||
2,575 | CNX Resources Corp. (a)(b) | 45,784 | ||||||
382 | CONSOL Energy, Inc. (b) | 14,650 |
602 | CVR Energy, Inc. (a) | 22,268 | ||||||
427 | Delek US Holdings, Inc. | 21,423 | ||||||
3,981 | Denbury Resources, Inc. (b) | 19,149 | ||||||
2,527 | Dorian LPG, Ltd. (b) | 19,306 | ||||||
356 | Energen Corp. (a)(b) | 25,924 | ||||||
653 | GasLog, Ltd. | 12,472 | ||||||
561 | Golar LNG, Ltd. | 16,527 | ||||||
2,294 | Hallador Energy Co. | 16,379 | ||||||
1,588 | HollyFrontier Corp. | 108,667 | ||||||
1,468 | Kosmos Energy Ltd. (b) | 12,140 | ||||||
613 | Matador Resources Co. (a)(b) | 18,421 | ||||||
593 | Murphy Oil Corp. | 20,026 | ||||||
4,377 | Northern Oil and Gas, Inc. (b) | 13,788 | ||||||
1,358 | Oasis Petroleum, Inc. (b) | 17,613 | ||||||
7,211 | Overseas Shipholding Group, Inc.—Class A (b) | 27,979 | ||||||
1,067 | Par Pacific Holdings, Inc. (b) | 18,544 | ||||||
412 | Parsley Energy, Inc.—Class A (b) | 12,475 | ||||||
1,520 | PBF Energy, Inc.—Class A | 63,734 | ||||||
294 | PDC Energy, Inc. (b) | 17,772 | ||||||
1,236 | Peabody Energy Corp. | 56,213 | ||||||
141 | Penn Virginia Corp. (b) | 11,969 | ||||||
994 | QEP Resources, Inc. (b) | 12,186 | ||||||
657 | Renewable Energy Group, Inc. (b) | 11,727 | ||||||
561 | RSP Permian, Inc. (b) | 24,695 | ||||||
796 | Ship Finance International Ltd. | 11,900 | ||||||
477 | SM Energy Co. | 12,254 | ||||||
1,511 | SRC Energy, Inc. (a)(b) | 16,651 | ||||||
729 | Targa Resources Corp. | 36,078 | ||||||
15,243 | Teekay Tankers Ltd.—Class A | 17,834 | ||||||
1,733 | Tellurian, Inc. (b) | 14,419 | ||||||
1,806 | W & T Offshore, Inc. (b) | 12,913 | ||||||
237 | Whiting Petroleum Corp. (b) | 12,495 | ||||||
692 | WildHorse Resource Development Corp. (a)(b) | 17,549 | ||||||
1,111 | World Fuel Services Corp. | 22,676 | ||||||
2,176 | WPX Energy, Inc. (b) | 39,233 | ||||||
|
|
|||||||
1,049,180 | ||||||||
|
|
|||||||
Paper & Forest Products—0.29% |
||||||||
555 | Boise Cascade Co. (a) | 24,809 | ||||||
749 | Domtar Corp. | 35,757 | ||||||
1,302 | KapStone Paper and Packaging Corp. | 44,919 | ||||||
1,419 | Louisiana-Pacific Corp. | 38,625 | ||||||
1,129 | Verso Corp.—Class A (b) | 24,567 | ||||||
|
|
|||||||
168,677 | ||||||||
|
|
|||||||
Personal Products—0.93% |
||||||||
255 | Edgewell Personal Care Co. (a)(b) | 12,867 | ||||||
922 | elf Beauty, Inc. (b) | 14,051 | ||||||
2,012 | Herbalife Nutrition Ltd. (b) | 108,085 | ||||||
433 | Inter Parfums, Inc. | 23,165 | ||||||
761 | Medifast, Inc. | 121,882 | ||||||
1,438 | Natural Health Trends Corp. | 35,979 | ||||||
3,090 | Nature’s Sunshine Products, Inc. (b) | 28,891 |
999 | Nu Skin Enterprises, Inc.—Class A | 78,112 | ||||||
847 | Revlon, Inc.—Class A (b) | 14,865 | ||||||
929 | USANA Health Sciences, Inc. (b) | 107,114 | ||||||
|
|
|||||||
545,011 | ||||||||
|
|
|||||||
Pharmaceuticals—1.45% |
||||||||
1,514 | Akorn, Inc. (b) | 25,117 | ||||||
1,193 | Amneal Pharmaceuticals, Inc. (a)(b) | 19,577 | ||||||
5,467 | Ampio Pharmaceuticals, Inc. (a)(b) | 12,027 | ||||||
497 | Assembly Biosciences, Inc. (b) | 19,487 | ||||||
1,090 | Catalent, Inc. (b) | 45,660 | ||||||
472 | Collegium Pharmaceutical, Inc. (b) | 11,257 | ||||||
3,327 | Corcept Therapeutics, Inc. (a)(b) | 52,300 | ||||||
869 | Cymabay Therapeutics, Inc. (b) | 11,662 | ||||||
5,605 | Depomed, Inc. (b) | 37,385 | ||||||
13,774 | Durect Corp. (b) | 21,487 | ||||||
629 | Eloxx Pharmaceuticals, Inc. (a)(b) | 10,737 | ||||||
5,356 | Endo International Plc (b) | 50,507 | ||||||
870 | Endocyte, Inc. (b) | 12,006 | ||||||
3,558 | Horizon Pharma Plc (b) | 58,921 | ||||||
2,979 | Innoviva, Inc. (a)(b) | 41,110 | ||||||
1,116 | Intersect ENT, Inc. (b) | 41,794 | ||||||
425 | Jazz Pharmaceuticals Plc (b) | 73,228 | ||||||
3,342 | Lannett Co., Inc. (a)(b) | 45,451 | ||||||
2,548 | Mallinckrodt Plc (a)(b) | 47,546 | ||||||
1,727 | Marinus Pharmaceuticals, Inc. (b) | 12,210 | ||||||
287 | MyoKardia, Inc. (b) | 14,250 | ||||||
372 | Pacira Pharmaceuticals, Inc. (b) | 11,923 | ||||||
1,033 | Phibro Animal Health Corp.—Class A | 47,570 | ||||||
1,159 | Prestige Brands Holdings, Inc. (a)(b) | 44,482 | ||||||
1,825 | SIGA Technologies, Inc. (b) | 10,841 | ||||||
1,034 | Supernus Pharmaceuticals, Inc. (b) | 61,885 | ||||||
350 | WaVe Life Sciences Ltd. (b) | 13,388 | ||||||
|
|
|||||||
853,808 | ||||||||
|
|
|||||||
Professional Services—1.55% |
||||||||
4,510 | Acacia Research Corp. (b) | 18,716 | ||||||
965 | ASGN, Inc. (b) | 75,453 | ||||||
1,417 | BG Staffing, Inc. | 32,945 | ||||||
1,552 | CBIZ, Inc. (b) | 35,696 | ||||||
422 | CRA International, Inc. | 21,476 | ||||||
360 | Exponent, Inc. | 17,388 | ||||||
1,236 | Franklin Covey Co. (b) | 30,344 | ||||||
504 | FTI Consulting, Inc. (a)(b) | 30,482 | ||||||
626 | GP Strategies Corp. (b) | 11,018 | ||||||
556 | Heidrick & Struggles International, Inc. | 19,460 | ||||||
1,994 | Hill International, Inc. (b) | 11,765 | ||||||
428 | Huron Consulting Group, Inc. (b) | 17,505 | ||||||
520 | ICF International, Inc. | 36,946 | ||||||
518 | Insperity, Inc. | 49,340 | ||||||
1,318 | Kforce, Inc. | 45,207 | ||||||
507 | Korn/Ferry International | 31,399 | ||||||
903 | ManpowerGroup, Inc. | 77,712 |
708 | Mistras Group, Inc. (b) | 13,367 | ||||||
1,639 | Navigant Consulting, Inc. (b) | 36,287 | ||||||
1,372 | Resources Connection, Inc. | 23,187 | ||||||
2,013 | Robert Half International, Inc. (a) | 131,046 | ||||||
401 | The Dun & Bradstreet Corp. | 49,183 | ||||||
349 | TriNet Group, Inc. (b) | 19,523 | ||||||
1,336 | TrueBlue, Inc. (b) | 36,005 | ||||||
350 | VSE Corp. | 16,723 | ||||||
837 | Willdan Group, Inc. (b) | 25,922 | ||||||
|
|
|||||||
914,095 | ||||||||
|
|
|||||||
Real Estate Management & Development—0.76% |
||||||||
2,783 | Altisource Portfolio Solutions SA (a)(b) | 81,180 | ||||||
764 | American Realty Investors, Inc. (b) | 12,079 | ||||||
1,049 | Forestar Group, Inc. (b) | 21,767 | ||||||
191 | FRP Holdings, Inc. (b) | 12,367 | ||||||
262 | Griffin Industrial Realty, Inc. | 11,525 | ||||||
457 | Jones Lang LaSalle, Inc. | 75,857 | ||||||
566 | Kennedy-Wilson Holdings, Inc. | 11,971 | ||||||
1,593 | Marcus & Millichap, Inc. (a)(b) | 62,143 | ||||||
836 | Newmark Group, Inc.—Class A | 11,896 | ||||||
321 | RE/MAX Holdings, Inc.—Class A | 16,837 | ||||||
1,822 | Realogy Holdings Corp. (a) | 41,542 | ||||||
534 | Redfin Corp. (a)(b) | 12,330 | ||||||
799 | The RMR Group, Inc.—Class A | 62,682 | ||||||
321 | Transcontinental Realty Investors, Inc. (b) | 10,737 | ||||||
|
|
|||||||
444,913 | ||||||||
|
|
|||||||
Road & Rail—0.64% |
||||||||
1,586 | ArcBest Corp. | 72,480 | ||||||
1,073 | Avis Budget Group, Inc. (b) | 34,872 | ||||||
375 | Covenant Transportation Group, Inc.—Class A (b) | 11,813 | ||||||
1,647 | Daseke, Inc. (b) | 16,355 | ||||||
460 | Genesee & Wyoming, Inc.—Class A (b) | 37,407 | ||||||
621 | Hertz Global Holdings, Inc. (b) | 9,526 | ||||||
449 | Knight-Swift Transportation Holdings, Inc. (a) | 17,156 | ||||||
580 | Landstar System, Inc. | 63,336 | ||||||
729 | Marten Transport, Ltd. | 17,095 | ||||||
254 | PAM Transportation Services, Inc. (b) | 11,930 | ||||||
255 | Saia, Inc. (b) | 20,617 | ||||||
428 | Schneider National, Inc.—Class B | 11,774 | ||||||
1,040 | U.S.A. Truck, Inc. (b) | 24,409 | ||||||
451 | Universal Logistics Holdings, Inc. | 11,839 | ||||||
450 | Werner Enterprises, Inc. (a) | 16,898 | ||||||
|
|
|||||||
377,507 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment—2.51% |
||||||||
2,081 | Adesto Technologies Corp. (b) | 17,480 | ||||||
505 | Advanced Energy Industries, Inc. (b) | 29,335 | ||||||
7,532 | Advanced Micro Devices, Inc. (a)(b) | 112,905 | ||||||
3,038 | Amkor Technology, Inc. (b) | 26,096 | ||||||
1,454 | Aquantia Corp. (b) | 16,837 | ||||||
879 | Axcelis Technologies, Inc. (b) | 17,404 | ||||||
1,139 | Brooks Automation, Inc. (a) | 37,154 |
358 | Cabot Microelectronics Corp. | 38,506 | ||||||
461 | Cavium, Inc. (b) | 39,877 | ||||||
1,151 | Cirrus Logic, Inc. (b) | 44,118 | ||||||
678 | Cohu, Inc. | 16,618 | ||||||
983 | Cree, Inc. (a)(b) | 40,863 | ||||||
1,922 | Cypress Semiconductor Corp. | 29,945 | ||||||
1,068 | Diodes, Inc. (b) | 36,814 | ||||||
1,319 | Entegris, Inc. | 44,714 | ||||||
925 | First Solar, Inc. (a)(b) | 48,711 | ||||||
1,180 | FormFactor, Inc. (b) | 15,694 | ||||||
689 | Ichor Holdings, Ltd. (a)(b) | 14,621 | ||||||
1,012 | Integrated Device Technology, Inc. (b) | 32,263 | ||||||
3,576 | Marvell Technology Group, Ltd. (a) | 76,669 | ||||||
737 | MaxLinear, Inc.—Class A (b) | 11,490 | ||||||
689 | MKS Instruments, Inc. | 65,937 | ||||||
832 | Monolithic Power Systems, Inc. | 111,213 | ||||||
877 | Nanometrics, Inc. (b) | 31,055 | ||||||
4,634 | ON Semiconductor Corp. (a)(b) | 103,037 | ||||||
755 | Power Integrations, Inc. (a) | 55,153 | ||||||
1,845 | Rambus, Inc. (b) | 23,136 | ||||||
1,090 | Rudolph Technologies, Inc. (b) | 32,264 | ||||||
503 | Semtech Corp. (b) | 23,666 | ||||||
5,401 | Sigma Designs, Inc. (b) | 32,946 | ||||||
198 | Silicon Laboratories, Inc. (b) | 19,721 | ||||||
534 | SMART Global Holdings, Inc. (b) | 17,019 | ||||||
2,439 | Teradyne, Inc. | 92,853 | ||||||
1,361 | Ultra Clean Holdings, Inc. (a)(b) | 22,593 | ||||||
1,166 | Versum Materials, Inc. | 43,317 | ||||||
2,729 | Xcerra Corp. (b) | 38,124 | ||||||
1,063 | Xperi Corp. | 17,114 | ||||||
|
|
|||||||
1,477,262 | ||||||||
|
|
|||||||
Software—4.42% |
||||||||
2,202 | 8x8, Inc. (b) | 44,150 | ||||||
4,865 | A10 Networks, Inc. (b) | 30,309 | ||||||
649 | ACI Worldwide, Inc. (a)(b) | 16,011 | ||||||
1,011 | Agilysys, Inc. (b) | 15,670 | ||||||
1,048 | American Software, Inc.—Class A | 15,269 | ||||||
1,181 | Aspen Technology, Inc. (b) | 109,526 | ||||||
2,050 | Avaya Holdings Corp. (b) | 41,164 | ||||||
425 | Blackbaud, Inc. | 43,541 | ||||||
314 | Blackline, Inc. (b) | 13,637 | ||||||
426 | Bottomline Technologies, Inc. (b) | 21,228 | ||||||
3,310 | Cadence Design System, Inc. (a)(b) | 143,356 | ||||||
466 | Carbon Black, Inc. (b) | 12,116 | ||||||
979 | CommVault Systems, Inc. (b) | 64,467 | ||||||
210 | Ebix, Inc. | 16,012 | ||||||
168 | Ellie Mae, Inc. (a)(b) | 17,445 | ||||||
325 | ePlus, Inc. (b) | 30,583 | ||||||
712 | Everbridge, Inc. (a)(b) | 33,763 | ||||||
323 | Fair Isaac Corp. (b) | 62,442 | ||||||
753 | FireEye, Inc. (b) | 11,589 |
564 | ForeScout Technologies, Inc. (a)(b) | 19,323 | ||||||
1,575 | Fortinet, Inc. (a)(b) | 98,327 | ||||||
4,166 | Glu Mobile, Inc. (b) | 26,704 | ||||||
355 | Guidewire Software, Inc. (a)(b) | 31,517 | ||||||
515 | HubSpot, Inc. (a)(b) | 64,581 | ||||||
320 | Imperva, Inc. (b) | 15,440 | ||||||
710 | Jack Henry & Associates, Inc. | 92,556 | ||||||
962 | Manhattan Associates, Inc. (a)(b) | 45,224 | ||||||
225 | MicroStrategy, Inc.—Class A (b) | 28,744 | ||||||
2,264 | Mitek Systems, Inc. (b) | 20,150 | ||||||
8,689 | MobileIron, Inc. (b) | 38,666 | ||||||
780 | Model N, Inc. (b) | 14,508 | ||||||
689 | Monotype Imaging Holdings, Inc. | 13,987 | ||||||
3,512 | Nuance Communications, Inc. (a)(b) | 48,764 | ||||||
2,018 | OneSpan, Inc. (b) | 39,654 | ||||||
465 | Paycom Software, Inc. (a)(b) | 45,956 | ||||||
229 | Paylocity Holdings Corp. (b) | 13,479 | ||||||
854 | Pegasystems, Inc. | 46,799 | ||||||
2,176 | Progress Software Corp. | 84,472 | ||||||
428 | Proofpoint, Inc. (a)(b) | 49,353 | ||||||
984 | PROS Holdings, Inc. (b) | 35,985 | ||||||
968 | PTC, Inc. (b) | 90,808 | ||||||
927 | QAD, Inc.—Class A | 46,489 | ||||||
364 | Qualys, Inc. (a)(b) | 30,685 | ||||||
1,767 | Rapid7, Inc. (b) | 49,865 | ||||||
822 | RealPage, Inc. (b) | 45,292 | ||||||
1,398 | RingCentral, Inc.—Class A (b) | 98,349 | ||||||
2,667 | Rosetta Stone, Inc. (b) | 42,752 | ||||||
495 | SailPoint Technologies Holding, Inc. (b) | 12,147 | ||||||
1,126 | SS&C Technologies Holdings, Inc. | 58,439 | ||||||
816 | Tableau Software, Inc.—Class A (a)(b) | 79,764 | ||||||
208 | The Ultimate Software Group, Inc. (b) | 53,520 | ||||||
1,940 | TiVo Corp. | 26,093 | ||||||
173 | Tyler Technologies, Inc. (b) | 38,423 | ||||||
578 | Upland Software, Inc. (b) | 19,866 | ||||||
901 | Varonis Systems, Inc. (b) | 67,125 | ||||||
865 | Verint Systems, Inc. (b) | 38,363 | ||||||
3,413 | Workiva, Inc. (b) | 83,277 | ||||||
980 | Zendesk, Inc. (a)(b) | 53,400 | ||||||
6,476 | Zix Corp. (b) | 34,906 | ||||||
3,683 | Zynga, Inc.—Class A (b) | 14,990 | ||||||
|
|
|||||||
2,601,020 | ||||||||
|
|
|||||||
Specialty Retail—4.30% |
||||||||
1,581 | Aaron’s, Inc. | 68,694 | ||||||
3,108 | Abercrombie & Fitch Co.—Class A (a) | 76,084 | ||||||
2,873 | American Eagle Outfitters, Inc. (a) | 66,797 | ||||||
979 | America’s Car-Mart, Inc. (b) | 60,600 | ||||||
220 | Asbury Automotive Group, Inc. (a)(b) | 15,081 | ||||||
13,828 | Ascena Retail Group, Inc. (b) | 55,105 | ||||||
253 | AutoNation, Inc. (a)(b) | 12,291 | ||||||
2,780 | Barnes & Noble Education, Inc. (b) | 15,679 |
2,488 | Barnes & Noble, Inc. | 15,799 | ||||||
1,910 | Bed Bath & Beyond, Inc. (a) | 38,057 | ||||||
2,898 | Big 5 Sporting Goods Corp. (a) | 22,025 | ||||||
545 | Boot Barn Holdings, Inc. (b) | 11,309 | ||||||
1,182 | Caleres, Inc. | 40,649 | ||||||
560 | Camping World Holdings, Inc.—Class A (a) | 13,989 | ||||||
5,859 | Chico’s FAS, Inc. | 47,692 | ||||||
1,115 | Citi Trends, Inc. | 30,596 | ||||||
856 | Conn’s, Inc. (b) | 28,248 | ||||||
1,061 | Dick’s Sporting Goods, Inc. (a) | 37,400 | ||||||
1,484 | DSW, Inc.—Class A (a) | 38,317 | ||||||
4,127 | Express, Inc. (b) | 37,762 | ||||||
708 | Five Below, Inc. (b) | 69,179 | ||||||
517 | Floor & Decor Holdings, Inc.—Class A (b) | 25,504 | ||||||
1,324 | Foot Locker, Inc. | 69,709 | ||||||
4,420 | Francesca’s Holdings Corp. (a)(b) | 33,371 | ||||||
3,138 | GameStop Corp.—Class A (a) | 45,721 | ||||||
1,016 | Genesco, Inc. (b) | 40,335 | ||||||
1,879 | GNC Holdings, Inc.—Class A (b)(e) | 6,614 | ||||||
183 | Group 1 Automotive, Inc. (a) | 11,529 | ||||||
1,392 | Guess?, Inc. | 29,789 | ||||||
2,397 | Haverty Furniture Cos., Inc. | 51,775 | ||||||
1,720 | Hibbett Sports, Inc. (a)(b) | 39,388 | ||||||
1,090 | Hudson Ltd.—Class A (b) | 19,064 | ||||||
3,678 | J. Jill, Inc. (a)(b) | 34,353 | ||||||
3,057 | Kirkland’s, Inc. (b) | 35,583 | ||||||
193 | Lithia Motors, Inc.—Class A (a) | 18,252 | ||||||
1,374 | Lumber Liquidators Holdings, Inc. (b) | 33,457 | ||||||
700 | MarineMax, Inc. (b) | 13,265 | ||||||
222 | Monro, Inc. | 12,898 | ||||||
315 | Murphy USA, Inc. (b) | 23,401 | ||||||
512 | National Vision Holdings, Inc. (a)(b) | 18,724 | ||||||
7,492 | New York & Co, Inc. (b) | 38,359 | ||||||
8,138 | Office Depot, Inc. | 20,752 | ||||||
245 | Penske Automotive Group, Inc. | 11,478 | ||||||
7,985 | Pier 1 Imports, Inc. | 19,004 | ||||||
6,113 | Rent-A-Center, Inc. (a) | 89,983 | ||||||
346 | REX American Resources Corp. (b) | 28,016 | ||||||
647 | RH (a)(b) | 90,386 | ||||||
2,166 | Sally Beauty Holdings, Inc. (a)(b) | 34,721 | ||||||
1,211 | Shoe Carnival, Inc. | 39,297 | ||||||
498 | Signet Jewelers Ltd. | 27,763 | ||||||
1,009 | Sleep Number Corp. (b) | 29,281 | ||||||
4,349 | Sportsman’s Warehouse Holdings, Inc. (b) | 22,267 | ||||||
1,325 | Systemax, Inc. | 45,487 | ||||||
1,951 | Tailored Brands, Inc. (a) | 49,790 | ||||||
1,332 | The Buckle, Inc. (a) | 35,831 | ||||||
1,241 | The Cato Corp.—Class A | 30,553 | ||||||
694 | The Children’s Place, Inc. | 83,835 | ||||||
9,664 | The Container Store Group, Inc. (b) | 81,274 | ||||||
2,846 | The Michaels Cos., Inc. (b) | 54,558 |
2,700 | Tile Shop Holdings, Inc. | 20,790 | ||||||
5,143 | Tilly’s, Inc.—Class A (a) | 77,916 | ||||||
1,930 | Urban Outfitters, Inc. (a)(b) | 85,981 | ||||||
999 | Williams Sonoma, Inc. (a) | 61,319 | ||||||
232 | Winmark Corp. | 34,440 | ||||||
2,120 | Zumiez, Inc. (b) | 53,106 | ||||||
|
|
|||||||
2,530,272 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals—0.55% |
||||||||
2,305 | 3D Systems Corp. (a)(b) | 31,832 | ||||||
4,908 | Avid Technology, Inc. (b) | 25,522 | ||||||
608 | Electronics for Imaging, Inc. (b) | 19,797 | ||||||
1,131 | NCR Corp. (a)(b) | 33,907 | ||||||
2,380 | Pure Storage, Inc.—Class A (b) | 56,834 | ||||||
825 | Stratasys Ltd. (b) | 15,791 | ||||||
687 | Synaptics, Inc. (a)(b) | 34,604 | ||||||
1,881 | Teradata Corp. (b) | 75,522 | ||||||
1,165 | USA Technologies, Inc. (b) | 16,310 | ||||||
466 | Xerox Corp. | 11,184 | ||||||
|
|
|||||||
321,303 | ||||||||
|
|
|||||||
Textiles, Apparel & Luxury Goods—2.07% |
||||||||
562 | Carter’s, Inc. | 60,915 | ||||||
846 | Columbia Sportswear Co. | 77,384 | ||||||
7,310 | Crocs, Inc. (a)(b) | 128,729 | ||||||
613 | Deckers Outdoor Corp. (b) | 69,202 | ||||||
3,367 | Fossil Group, Inc. (a)(b) | 90,471 | ||||||
855 | G-III Apparel Group, Ltd. (b) | 37,962 | ||||||
1,877 | Hanesbrands, Inc. | 41,332 | ||||||
1,998 | Michael Kors Holdings Ltd. (b) | 133,067 | ||||||
770 | Movado Group, Inc. | 37,191 | ||||||
490 | Oxford Industries, Inc. (a) | 40,660 | ||||||
1,992 | Perry Ellis International, Inc. (b) | 54,123 | ||||||
785 | Ralph Lauren Corp. (a) | 98,690 | ||||||
601 | Rocky Brands, Inc. | 18,030 | ||||||
1,498 | Skechers U.S.A., Inc.—Class A (b) | 44,955 | ||||||
1,419 | Steven Madden, Ltd. (a) | 75,349 | ||||||
1,066 | Superior Uniform Group, Inc. | 22,077 | ||||||
213 | UniFirst Corp. | 37,680 | ||||||
2,836 | Vera Bradley, Inc. (b) | 39,817 | ||||||
461 | Weyco Group, Inc. | 16,780 | ||||||
2,656 | Wolverine World Wide, Inc. | 92,349 | ||||||
|
|
|||||||
1,216,763 | ||||||||
|
|
|||||||
Thrifts & Mortgage—0.03% |
||||||||
976 | Nationstar Mortgage Holdings, Inc. (b) | 17,109 | ||||||
|
|
|||||||
Thrifts & Mortgage Finance—1.39% |
||||||||
655 | BankFinancial Corp. | 11,561 | ||||||
464 | Berkshire Hills Bancorp, Inc. | 18,838 | ||||||
1,401 | BofI Holding, Inc. (b) | 57,315 | ||||||
910 | Brookline Bancorp, Inc. (a) | 16,926 | ||||||
895 | Charter Financial Corp. | 21,614 | ||||||
583 | Dime Community Bancshares | 11,369 | ||||||
747 | Entegra Financial Corp. (b) | 21,887 |
488 | Federal Agricultural Mortgage Corp.—Class C | 43,666 | ||||||
843 | Flagstar Bancorp, Inc. (b) | 28,881 | ||||||
195 | FS Bancorp, Inc. | 12,334 | ||||||
367 | Greene County Bancorp, Inc. | 12,441 | ||||||
242 | Hingham Institution for Savings | 53,167 | ||||||
375 | Home Bancorp, Inc. | 17,456 | ||||||
953 | HomeStreet, Inc. (b) | 25,683 | ||||||
74 | LendingTree, Inc. (a)(b) | 15,821 | ||||||
520 | Malvern Bancorp, Inc. (b) | 12,662 | ||||||
439 | Merchants Bancorp (a) | 12,525 | ||||||
881 | Meridian Bancorp, Inc. | 16,871 | ||||||
216 | Meta Financial Group, Inc. | 21,038 | ||||||
1,828 | New York Community Bancorp, Inc. (a) | 20,181 | ||||||
1,752 | NMI Holdings, Inc.—Class A (b) | 28,558 | ||||||
2,721 | Ocwen Financial Corp. (b) | 10,775 | ||||||
1,028 | PennyMac Financial Services, Inc.—Class A (b) | 20,200 | ||||||
2,453 | People’s United Financial, Inc. (a) | 44,375 | ||||||
416 | Provident Financial Services, Inc. | 11,453 | ||||||
2,986 | Radian Group, Inc. | 48,433 | ||||||
1,975 | Riverview Bancorp, Inc. | 16,669 | ||||||
323 | Southern Missouri Bancorp, Inc. | 12,604 | ||||||
546 | Timberland Bancorp, Inc. | 20,388 | ||||||
1,054 | United Community Financial Corp. | 11,583 | ||||||
739 | United Financial Bancorp, Inc. | 12,947 | ||||||
875 | Walker & Dunlop, Inc. | 48,694 | ||||||
1,436 | Washington Federal, Inc. | 46,957 | ||||||
973 | Waterstone Financial, Inc. | 16,590 | ||||||
1,177 | Western New England Bancorp, Inc. | 12,947 | ||||||
|
|
|||||||
815,409 | ||||||||
|
|
|||||||
Tobacco—0.11% |
||||||||
715 | Alliance One International, Inc. (b) | 11,333 | ||||||
634 | Turning Point Brands, Inc. | 20,224 | ||||||
281 | Universal Corp. | 18,560 | ||||||
658 | Vector Group, Ltd. (a) | 12,555 | ||||||
|
|
|||||||
62,672 | ||||||||
|
|
|||||||
Trading Companies & Distributors—1.54% |
||||||||
512 | Air Lease Corp. | 21,489 | ||||||
540 | Applied Industrial Technologies, Inc. (a) | 37,881 | ||||||
1,013 | Beacon Roofing Supply, Inc. (b) | 43,174 | ||||||
465 | BlueLinx Holdings, Inc. (b) | 17,451 | ||||||
1,328 | BMC Stock Holdings, Inc. (b) | 27,689 | ||||||
1,598 | DXP Enterprises, Inc. (b) | 61,044 | ||||||
563 | EnviroStar, Inc. (a) | 22,689 | ||||||
1,120 | Foundation Building Materials, Inc. (b) | 17,226 | ||||||
911 | General Finance Corp. (b) | 12,344 | ||||||
894 | GMS, Inc. (b) | 24,218 | ||||||
1,102 | H&E Equipment Services, Inc. | 41,446 | ||||||
2,189 | HD Supply Holdings, Inc. (b) | 93,886 | ||||||
277 | Herc Holdings, Inc. (b) | 15,606 | ||||||
267 | Kaman Corp. (a) | 18,607 | ||||||
1,339 | Lawson Products, Inc. (b) | 32,605 |
569 | MRC Global, Inc. (b) | 12,330 | ||||||
575 | MSC Industrial Direct Co., Inc.—Class A | 48,789 | ||||||
1,885 | Nexeo Solutions, Inc. (b) | 17,210 | ||||||
1,082 | NOW, Inc. (a)(b) | 14,423 | ||||||
672 | Rush Enterprises, Inc.—Class A (b) | 29,151 | ||||||
588 | Rush Enterprises, Inc.—Class B (b) | 25,813 | ||||||
1,051 | SiteOne Landscape Supply, Inc. (a)(b) | 88,252 | ||||||
861 | Textainer Group Holdings Ltd. (b) | 13,690 | ||||||
1,280 | Titan Machinery, Inc. (b) | 19,904 | ||||||
1,289 | Univar, Inc. (b) | 33,823 | ||||||
710 | Veritiv Corp. (a)(b) | 28,294 | ||||||
291 | Watsco, Inc.—Class A | 51,880 | ||||||
577 | WESCO International, Inc. (b) | 32,947 | ||||||
|
|
|||||||
903,861 | ||||||||
|
|
|||||||
Water Utilities—0.14% |
||||||||
303 | American States Water Co. | 17,320 | ||||||
691 | Aqua America, Inc. (a) | 24,309 | ||||||
817 | AquaVenture Holdings Ltd. (b) | 12,729 | ||||||
2,116 | Consolidated Water Co., Ltd.—Ordinary Shares | 27,296 | ||||||
|
|
|||||||
81,654 | ||||||||
|
|
|||||||
Wireless Telecommunication Services—0.15% |
||||||||
684 | Boingo Wireless, Inc. (b) | 15,452 | ||||||
3,419 | NII Holdings, Inc. (b) | 13,334 | ||||||
443 | Shenandoah Telecommunications Co. | 14,486 | ||||||
1,003 | Telephone & Data Systems, Inc. | 27,502 | ||||||
434 | United States Cellular Corp. (b) | 16,075 | ||||||
|
|
|||||||
86,849 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $37,522,692) | 53,186,867 | |||||||
|
|
|||||||
INVESTMENT COMPANIES—3.39% | ||||||||
Exchange Traded Funds—3.39% | ||||||||
16,923 | Vanguard Extended Market ETF | 1,993,529 | ||||||
|
|
|||||||
Total Investment Companies (Cost $1,629,570) | 1,993,529 | |||||||
|
|
|||||||
REAL ESTATE INVESTMENT TRUSTS—5.61% | ||||||||
Real Estate Investment Trusts—5.61% | ||||||||
2,354 | AG Mortgage Investment Trust, Inc. | 44,232 | ||||||
5,412 | AGNC Investment Corp. | 100,609 | ||||||
221 | Agree Realty Corp. | 11,662 | ||||||
446 | American Assets Trust, Inc. | 17,077 | ||||||
274 | American Campus Communities, Inc. | 11,749 | ||||||
2,056 | American Homes 4 Rent—Class A | 45,602 | ||||||
3,560 | Anworth Mortgage Asset Corp. | 17,693 | ||||||
1,662 | Apollo Commercial Real Estate Finance, Inc. (a) | 30,381 | ||||||
1,336 | Apple Hospitality REIT, Inc. | 23,888 | ||||||
1,175 | Arbor Realty Trust, Inc. | 12,255 | ||||||
1,064 | Ares Commercial Real Estate Corp. | 14,694 | ||||||
1,437 | ARMOUR Residential REIT, Inc. | 32,778 | ||||||
7,056 | Ashford Hospitality Trust, Inc. | 57,154 | ||||||
369 | Blackstone Mortgage Trust, Inc.—Class A | 11,598 | ||||||
3,309 | Braemar Hotels & Resorts, Inc. | 37,789 |
1,249 | Brandywine Realty Trust | 21,083 | ||||||
2,281 | BRT Apartments Corp. | 29,083 | ||||||
683 | Camden Property Trust (a) | 62,242 | ||||||
1,746 | Capstead Mortgage Corp. | 15,627 | ||||||
714 | CareTrust REIT, Inc. | 11,917 | ||||||
938 | CatchMark Timber Trust, Inc.—Class A | 11,941 | ||||||
4,646 | CBL & Associates Properties, Inc. (a) | 25,878 | ||||||
2,004 | Chatham Lodging Trust (a) | 42,525 | ||||||
1,570 | Cherry Hill Mortgage Investment Corp. | 28,040 | ||||||
2,119 | Chesapeake Lodging Trust | 67,045 | ||||||
5,792 | Chimera Investment Corp. | 105,878 | ||||||
2,904 | Colony Capital, Inc. | 18,121 | ||||||
565 | CoreCivic, Inc. | 13,498 | ||||||
467 | CorEnergy Infrastructure Trust, Inc. | 17,559 | ||||||
1,170 | Corporate Office Properties Trust (a) | 33,918 | ||||||
2,591 | Cousins Properties, Inc. | 25,107 | ||||||
926 | CubeSmart (a) | 29,836 | ||||||
353 | CyrusOne, Inc. (a) | 20,601 | ||||||
2,326 | CYS Investments, Inc. | 17,445 | ||||||
365 | DCT Industrial Trust, Inc. | 24,356 |
1,446 | DDR Corp. | 25,883 | ||||||
2,872 | DiamondRock Hospitality Co. | 35,268 | ||||||
1,608 | Duke Realty Corp. | 46,680 | ||||||
4,279 | Dynex Capital, Inc. | 27,942 | ||||||
168 | EastGroup Properties, Inc. (a) | 16,054 | ||||||
1,356 | Empire State Realty Trust, Inc.—Class A | 23,188 | ||||||
545 | Equity Commonwealth (b) | 17,167 | ||||||
329 | Equity LifeStyle Properties, Inc. | 30,235 | ||||||
1,162 | Exantas Capital Corp. | 11,829 | ||||||
495 | First Industrial Realty Trust, Inc. | 16,503 | ||||||
2,158 | Forest City Realty Trust, Inc.—Class A (a) | 49,224 | ||||||
1,472 | Franklin Street Properties Corp.—Class C | 12,600 | ||||||
623 | Getty Realty Corp. | 17,550 | ||||||
982 | Government Properties Income Trust | 15,565 | ||||||
535 | Gramercy Property Trust | 14,616 | ||||||
700 | Healthcare Trust of America, Inc.—Class A (a) | 18,872 | ||||||
1,235 | Hersha Hospitality Trust | 26,491 | ||||||
301 | Highwoods Properties, Inc. | 15,270 | ||||||
1,287 | Hospitality Properties Trust (a) | 36,821 | ||||||
853 | Hudson Pacific Properties, Inc. | 30,222 | ||||||
1,209 | InfraREIT, Inc. | 26,804 | ||||||
325 | Innovative Industrial Properties, Inc. | 11,901 | ||||||
3,318 | Invesco Mortgage Capital, Inc. | 52,756 | ||||||
1,083 | Iron Mountain, Inc. (a) | 37,916 | ||||||
2,467 | iStar Financial, Inc. (b) | 26,619 | ||||||
158 | Kilroy Realty Corp. | 11,951 | ||||||
1,351 | Kimco Realty Corp. | 22,953 | ||||||
968 | Kite Realty Group Trust | 16,533 | ||||||
799 | Ladder Capital Corp. | 12,480 | ||||||
1,206 | LaSalle Hotel Properties | 41,281 | ||||||
1,051 | Liberty Property Trust | 46,591 | ||||||
240 | Life Storage, Inc. | 23,354 | ||||||
1,153 | Mack-Cali Realty Corp. | 23,383 | ||||||
1,123 | MedEquities Realty Trust, Inc. | 12,375 | ||||||
1,178 | Medical Properties Trust, Inc. | 16,539 | ||||||
4,941 | MFA Financial, Inc. | 37,453 | ||||||
1,323 | MTGE Investment Corp. | 25,931 | ||||||
378 | National Retail Properties, Inc. (a) | 16,617 | ||||||
1,700 | National Storage Affiliates Trust | 52,394 | ||||||
5,088 | New Residential Investment Corp. | 88,989 | ||||||
2,931 | New York Mortgage Trust, Inc. (a) | 17,615 | ||||||
580 | Omega Healthcare Investors, Inc. (a) | 17,980 | ||||||
449 | One Liberty Properties, Inc. | 11,858 | ||||||
1,454 | Paramount Group, Inc. | 22,392 | ||||||
2,038 | Park Hotels & Resorts, Inc. | 62,424 | ||||||
991 | Pebblebrook Hotel Trust (a) | 38,451 | ||||||
2,282 | Pennsylvania Real Estate Investment Trust | 25,079 | ||||||
1,237 | PennyMac Mortgage Investment Trust | 23,491 | ||||||
1,059 | Piedmont Office Realty Trust, Inc.—Class A (a) | 21,106 | ||||||
318 | PotlatchDeltic Corp. | 16,170 | ||||||
850 | Preferred Apartment Communities, Inc.—Class A (a) | 14,441 |
439 | QTS Realty Trust, Inc.—Class A | 17,341 | ||||||
2,199 | Quality Care Properties, Inc. (b) | 47,300 | ||||||
1,174 | Ramco-Gershenson Properties Trust | 15,509 | ||||||
832 | Rayonier, Inc. | 32,190 | ||||||
1,695 | Redwood Trust, Inc. (a) | 27,917 | ||||||
298 | Regency Centers Corp. | 18,500 | ||||||
1,116 | Retail Properties of America, Inc.—Class A | 14,262 | ||||||
890 | Rexford Industrial Realty, Inc. | 27,937 | ||||||
2,181 | RLJ Lodging Trust (a) | 48,091 | ||||||
271 | Ryman Hospitality Properties, Inc. (a) | 22,534 | ||||||
1,309 | Sabra Health Care REIT, Inc. | 28,445 | ||||||
665 | Select Income REIT | 14,943 | ||||||
810 | Senior Housing Properties Trust | 14,653 | ||||||
2,675 | Spirit Realty Capital, Inc. | 21,480 | ||||||
2,407 | Starwood Property Trust, Inc. (a) | 52,256 | ||||||
878 | STORE Capital Corp. | 24,057 | ||||||
2,202 | Summit Hotel Properties, Inc. | 31,511 | ||||||
482 | Sun Communities, Inc. | 47,178 | ||||||
3,165 | Sunstone Hotel Investors, Inc. | 52,602 | ||||||
803 | Sutherland Asset Management Corp. | 13,049 |
518 | Tanger Factory Outlet Centers, Inc. | 12,168 | ||||||
382 | Terreno Realty Corp. | 14,390 | ||||||
524 | The Geo Group, Inc. | 14,431 | ||||||
495 | Tier REIT, Inc. | 11,771 | ||||||
2,969 | Two Harbors Investment Corp. | 46,910 | ||||||
520 | Urstadt Biddle Properties, Inc.—Class A | 11,768 | ||||||
4,365 | VEREIT, Inc. | 32,476 | ||||||
854 | VICI Properties, Inc. | 17,627 | ||||||
3,119 | Washington Prime Group, Inc. | 25,295 | ||||||
1,717 | Western Asset Mortgage Capital Corp. | 17,891 | ||||||
317 | WP Carey, Inc. | 21,033 | ||||||
1,975 | Xenia Hotels & Resorts, Inc. | 48,111 | ||||||
|
|
|||||||
Total Real Estate Investment Trusts (Cost $2,937,870) | 3,300,294 | |||||||
|
|
|||||||
RIGHTS—0.00% |
||||||||
Biotechnology—0.00% |
||||||||
1,600 | Dyax Corp. (c)(e)(f) | 0 | ||||||
|
|
|||||||
Total Rights (Cost $0) | 0 | |||||||
|
|
|||||||
SHORT TERM INVESTMENTS—0.44% |
||||||||
Money Market Funds—0.44% |
||||||||
Deutsche Government Money Market Series—Institutional Shares | ||||||||
259,479 | Effective Yield, 1.81% (d) | 259,479 | ||||||
|
|
|||||||
Total Short Term Investments (Cost $259,479) | 259,479 | |||||||
|
|
|||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING—19.04% |
||||||||
Investments Purchased with Proceeds from Securities Lending—19.04% |
||||||||
11,194,400 | Mount Vernon Liquid Assets Portfolio, LLC | |||||||
Effective Yield, 2.21% (d) | 11,194,400 | |||||||
|
|
|||||||
Total Investments Purchased with Proceeds from Securities Lending (Cost $11,194,400) | 11,194,400 | |||||||
|
|
|||||||
Total Investments (Cost $53,544,011)—118.93% |
69,934,569 | |||||||
Liabilities in Excess of Other Assets—(18.93)% | (11,132,299 | ) | ||||||
|
|
|||||||
TOTAL NET ASSETS—100.00% | $ | 58,802,270 | ||||||
|
|
Percentages are stated as a percent of net assets.
(a) | All or portion of this security is on loan. |
(b) | Non-income producing security. |
(c) | Value determined using significant unobservable inputs. Classified as Level 3 in the fair value hierarchy. |
(d) | Seven-day yield as of June 30, 2018. |
(e) | These securities have been deemed illiquid according to the Fund’s liquidity guidelines. The value of these securities total $6,614, which represents 0.01% of total net assets. |
(f) | As of June 30, 2018, the Valuation Committee has fair valued these securities. The value of these securities was $0, which represents 0.00% of total net assets. |
Glossary of Terms
ADR | American Depositary Receipt |
GuideMark® World ex-US Fund
Schedule of Investments (Unaudited)
Number of Shares |
Value | |||||||
COMMON STOCKS—92.99% | ||||||||
Australia—5.34% | ||||||||
89,885 | Alumina, Ltd. | $ | 186,007 | |||||
34,550 | AMP, Ltd. | 90,874 | ||||||
22,629 | Aristocrat Leisure, Ltd. | 516,787 | ||||||
2,880 | ASX, Ltd. | 137,283 | ||||||
14,453 | Australia & New Zealand Banking Group, Ltd. | 302,495 | ||||||
11,973 | Bank of Queensland, Ltd. | 90,149 | ||||||
28,322 | Bendigo & Adelaide Bank, Ltd. | 226,892 | ||||||
23,337 | BHP Billiton, Ltd. | 583,939 | ||||||
50,082 | BlueScope Steel, Ltd. | 639,175 | ||||||
3,304 | CIMIC Group, Ltd. | 103,284 | ||||||
5,777 | Cochlear, Ltd. | 855,295 | ||||||
10,538 | Commonwealth Bank of Australia | 568,341 | ||||||
8,727 | Computershare, Ltd. | 118,883 | ||||||
4,617 | CSL, Ltd. | 657,198 | ||||||
19,165 | Flight Centre Travel Group, Ltd. | 902,173 | ||||||
100,533 | Fortescue Metals Group, Ltd. | 326,428 | ||||||
18,317 | Harvey Norman Holdings, Ltd. | 45,000 | ||||||
45,911 | Healthscope, Ltd. | 74,913 | ||||||
47,326 | Insurance Australia Group, Ltd. | 298,566 | ||||||
8,057 | LendLease Group (e) | 117,967 | ||||||
2,699 | Macquarie Group, Ltd. | 245,977 | ||||||
103,275 | Medibank Private, Ltd. | 222,995 | ||||||
7,400 | National Australia Bank, Ltd. | 150,254 | ||||||
19,570 | Origin Energy, Ltd. (a) | 145,154 | ||||||
3,334 | REA Group, Ltd. | 223,748 | ||||||
4,948 | Rio Tinto, Ltd. | 305,714 | ||||||
43,054 | Santos, Ltd. (a) | 199,411 | ||||||
8,096 | SEEK, Ltd. | 130,468 | ||||||
5,234 | Sonic Healthcare, Ltd. | 94,945 | ||||||
103,921 | South32, Ltd. | 277,503 | ||||||
13,201 | Suncorp Group, Ltd. | 142,366 | ||||||
10,317 | TPG Telecom, Ltd. | 39,437 | ||||||
22,180 | Treasury Wine Estates, Ltd. | 284,969 | ||||||
12,893 | Wesfarmers, Ltd. | 470,418 | ||||||
14,404 | Westpac Banking Corp. | 312,811 | ||||||
32,215 | Woolworths, Ltd. | 727,535 | ||||||
|
|
|||||||
10,815,354 | ||||||||
|
|
|||||||
Austria—0.39% |
||||||||
3,497 | ANDRITZ AG | 185,346 | ||||||
2,904 | Erste Group Bank AG | 121,068 | ||||||
4,737 | OMV AG | 267,914 | ||||||
6,866 | Raiffeisen Bank International AG | 210,370 | ||||||
|
|
|||||||
784,698 | ||||||||
|
|
|||||||
Belgium—0.40% |
||||||||
7,036 | Ageas SA | 354,214 | ||||||
1,319 | KBC Group NV | 101,299 | ||||||
779 | UCB SA | 61,066 | ||||||
5,001 | Umicore SA | 285,495 | ||||||
|
|
|||||||
802,074 | ||||||||
|
|
Canada—7.86% |
||||||||
1,749 | Alimentation Couche-Tard, Inc.—Series B | 75,979 | ||||||
3,678 | Bank of Montreal | 284,303 | ||||||
43,339 | Bombardier, Inc.—Class B | 171,424 | ||||||
2,279 | CAE, Inc. | 47,343 | ||||||
3,887 | Cameco Corp. | 43,729 | ||||||
3,085 | Canadian Imperial Bank of Commerce | 268,361 | ||||||
2,988 | Canadian Natural Resources, Ltd. | 107,847 | ||||||
331 | Canadian Pacific Railway, Ltd. | 60,658 | ||||||
23,271 | Cenovus Energy, Inc. | 241,623 | ||||||
3,566 | CGI Group, Inc.—Class A | 225,979 | ||||||
19,746 | CI Financial Corp. | 354,922 | ||||||
1,407 | Constellation Software, Inc. | 1,091,170 | ||||||
21,354 | Dollarama, Inc. | 827,749 | ||||||
34,457 | Empire Co., Ltd.—Series A | 691,682 | ||||||
815 | Fairfax Financial Holdings, Ltd. | 456,683 | ||||||
4,168 | Finning International, Inc. | 102,880 | ||||||
8,011 | First Quantum Minerals, Ltd. | 118,034 | ||||||
5,529 | George Weston, Ltd. | 451,101 | ||||||
2,178 | Great-West Lifeco, Inc. | 53,545 | ||||||
31,594 | Husky Energy, Inc. | 492,421 | ||||||
1,579 | Imperial Oil, Ltd. | 52,487 | ||||||
7,569 | Industrial Alliance Insurance & Financial Services, Inc. | 292,189 | ||||||
1,638 | Intact Financial Corp. | 116,186 | ||||||
8,478 | Linamar Corp. | 372,809 | ||||||
4,369 | Loblaw Cos., Ltd. | 224,656 | ||||||
6,838 | Magna International, Inc. | 397,698 | ||||||
11,375 | Manulife Financial Corp. | 204,372 | ||||||
1,867 | Methanex Corp. | 132,017 | ||||||
5,519 | National Bank of Canada | 264,983 | ||||||
14,311 | Onex Corp. | 1,050,370 | ||||||
24,881 | Power Corp. of Canada | 557,180 | ||||||
10,461 | Power Financial Corp. | 244,686 | ||||||
14,425 | Royal Bank of Canada | 1,086,168 | ||||||
8,027 | Saputo, Inc. | 266,519 | ||||||
1,451 | Shopify, Inc.—Class A | 211,593 | ||||||
5,632 | Sun Life Financial, Inc. | 226,325 | ||||||
5,416 | Suncor Energy, Inc. | 220,405 | ||||||
24,717 | Teck Resources, Ltd.—Class B (a) | 629,652 | ||||||
9,140 | The Bank of Nova Scotia | 517,538 | ||||||
16,340 | The Toronto-Dominion Bank | 945,735 | ||||||
29,159 | Valeant Pharmaceuticals International, Inc. | 678,709 | ||||||
5,737 | West Fraser Timber Co., Ltd. | 394,889 | ||||||
12,719 | WSP Global, Inc. | 669,691 | ||||||
|
|
|||||||
15,924,290 | ||||||||
|
|
|||||||
China—0.04% |
||||||||
13,842 | Sands China Ltd. | 73,797 | ||||||
|
|
|||||||
Denmark—1.73% |
||||||||
178 | A.P. Moller—Maersk A/S—Class A | 210,354 | ||||||
181 | A.P. Moller—Maersk A/S—Class B | 223,915 | ||||||
3,494 | Carlsberg AS—Series B | 411,099 | ||||||
1,608 | Chr. Hansen Holding AS | 148,034 | ||||||
2,577 | Coloplast AS—Series B | 257,294 | ||||||
3,052 | Danske Bank AS | 95,082 | ||||||
3,023 | DSV AS | 243,357 | ||||||
2,380 | H. Lundbeck AS | 166,806 | ||||||
18,772 | Novo Nordisk AS—Series B | 867,089 | ||||||
5,252 | Orsted AS | 317,332 | ||||||
1,884 | Pandora AS | 131,310 | ||||||
3,302 | Tryg AS | 77,327 |
1,634 | Vestas Wind Systems AS | 100,877 | ||||||
6,143 | William Demant Holdings AS (a) | 246,531 | ||||||
|
|
|||||||
3,496,407 | ||||||||
|
|
|||||||
Finland—0.76% |
||||||||
11,124 | Fortum OYJ | 264,964 | ||||||
4,852 | Neste OYJ | 379,615 | ||||||
10,572 | Nokia OYJ | 60,640 | ||||||
13,910 | Orion OYJ—Class B | 374,110 | ||||||
1,640 | Sampo OYJ—Series A | 79,869 | ||||||
14,395 | Stora Enso OYJ—R Shares | 280,443 | ||||||
2,653 | UPM-Kymmene OYJ | 94,461 | ||||||
|
|
|||||||
1,534,102 | ||||||||
|
|
|||||||
France—8.45% |
||||||||
1,688 | Aeroports de Paris | 381,303 | ||||||
2,922 | Alstom SA | 134,057 | ||||||
5,366 | Arkema SA | 633,190 | ||||||
6,221 | Atos SE | 845,913 | ||||||
22,682 | AXA SA | 554,208 | ||||||
5,296 | BioMerieux | 475,837 | ||||||
10,528 | BNP Paribas SA | 651,231 | ||||||
58,773 | Bollore SA | 272,939 | ||||||
1,979 | Capgemini SE | 265,206 | ||||||
5,006 | Carrefour SA (f) | 80,751 | ||||||
1,148 | Cie de Saint-Gobain | 51,138 | ||||||
1,782 | Cie Generale des Etablissements Michelin SCA | 215,583 | ||||||
14,536 | CNP Assurances | 330,251 | ||||||
29,740 | Credit Agricole SA | 394,726 | ||||||
4,545 | Danone SA | 331,842 | ||||||
69 | Dassault Aviation SA | 131,201 | ||||||
2,263 | Dassault Systemes SE | 316,693 | ||||||
4,167 | Eiffage SA | 452,718 | ||||||
9,471 | Electricite de France | 129,960 | ||||||
6,140 | Engie SA | 93,921 | ||||||
1,349 | Essilor International Cie Generale d’Optique SA | 190,204 | ||||||
4,210 | Eurazeo SA | 318,665 | ||||||
4,628 | Faurecia SA | 328,988 | ||||||
1,158 | Hermes International | 707,370 | ||||||
1,958 | Ingenico Group SA | 175,563 | ||||||
4,215 | Ipsen SA | 659,265 | ||||||
988 | Kering SA | 556,541 | ||||||
2,169 | Legrand SA | 158,873 | ||||||
2,897 | L’Oreal SA | 714,189 | ||||||
2,734 | LVMH Moet Hennessy Louis Vuitton SE | 907,741 | ||||||
14,775 | Natixis SA | 104,541 | ||||||
1,789 | Pernod Ricard SA | 291,974 | ||||||
28,167 | Peugeot SA | 641,794 | ||||||
869 | Publicis Groupe SA (f) | 59,633 | ||||||
1,030 | Remy Cointreau SA | 133,348 | ||||||
30,408 | Rexel SA | 436,511 | ||||||
2,866 | Safran SA | 347,087 | ||||||
8,452 | Sanofi-Aventis SA | 678,354 | ||||||
2,793 | Schneider Electric SE | 232,285 | ||||||
837 | SEB SA | 146,028 | ||||||
2,665 | Societe BIC SA | 247,108 | ||||||
8,424 | Societe Generale SA | 354,060 | ||||||
280 | Teleperformance | 49,419 | ||||||
11,682 | Total SA | 709,399 | ||||||
9,066 | Ubisoft Entertainment SA (a) | 990,990 | ||||||
3,370 | Veolia Environnement SA | 72,014 | ||||||
1,745 | Vinci SA | 167,505 | ||||||
|
|
|||||||
17,122,117 | ||||||||
|
|
Germany—5.91% |
||||||||
3,459 | adidas AG | 753,087 | ||||||
4,696 | Allianz SE | 967,634 | ||||||
3,854 | Axel Springer SE | 278,510 | ||||||
5,485 | BASF SE | 523,646 | ||||||
7,453 | Bayer AG | 818,516 | ||||||
2,987 | Beiersdorf AG | 338,571 | ||||||
896 | Brenntag AG | 49,783 | ||||||
10,346 | Commerzbank AG (a) | 98,694 | ||||||
195 | Continental AG | 44,378 | ||||||
5,178 | Covestro AG | 460,240 | ||||||
2,719 | Deutsche Boerse AG | 361,503 | ||||||
37,142 | Deutsche Lufthansa AG | 889,835 | ||||||
17,798 | Deutsche Post AG | 578,264 | ||||||
14,428 | Deutsche Telekom AG | 222,977 | ||||||
14,786 | E.ON SE | 157,538 | ||||||
706 | Fresenius Medical Care AG & Co. KGaA | 71,088 | ||||||
2,086 | Fresenius SE & Co. KGaA | 167,015 | ||||||
1,890 | HeidelbergCement AG | 158,697 | ||||||
1,907 | HOCHTIEF AG | 343,895 | ||||||
7,151 | HUGO BOSS AG | 648,518 | ||||||
5,844 | Infineon Technologies AG | 148,445 | ||||||
2,201 | KION Group AG | 157,987 | ||||||
2,437 | Merck KGaA | 237,236 | ||||||
10,524 | METRO AG | 129,696 | ||||||
570 | Muenchener Rueckversicherungs-Gesellschaft AG | 119,839 | ||||||
2,651 | ProSiebenSat.1 Media AG | 67,084 | ||||||
565 | Puma SE | 330,078 | ||||||
6,112 | RWE AG | 138,892 | ||||||
7,601 | SAP SE | 877,292 | ||||||
3,150 | Siemens AG | 415,031 | ||||||
2,516 | United Internet AG | 143,643 | ||||||
4,230 | Vonovia SE | 201,049 | ||||||
3,432 | Wirecard AG | 549,191 | ||||||
9,474 | Zalando SE (a) | 528,006 | ||||||
|
|
|||||||
11,975,858 | ||||||||
|
|
|||||||
Hong Kong—3.41% |
||||||||
105,160 | AIA Group, Ltd. | 916,092 | ||||||
13,151 | ASM Pacific Technology, Ltd. | 165,749 | ||||||
37,856 | CK Asset Holdings, Ltd. | 299,680 | ||||||
17,894 | CK Hutchison Holdings, Ltd. | 189,426 | ||||||
45,046 | Dairy Farm International Holdings, Ltd. | 395,490 | ||||||
35,975 | Galaxy Entertainment Group, Ltd. | 277,312 | ||||||
54,576 | Hang Lung Group, Ltd. | 152,812 | ||||||
9,619 | Hang Seng Bank, Ltd. | 240,190 | ||||||
11,184 | Henderson Land Development Co., Ltd. | 58,975 | ||||||
125,438 | HK Electric Investments & HK Electric Investments, Ltd. (e) | 119,593 | ||||||
14,402 | Hong Kong Exchange & Clearing, Ltd. | 431,016 | ||||||
18,908 | Hysan Development Co., Ltd. | 105,535 | ||||||
1,525 | Jardine Matheson Holdings, Ltd. | 96,095 | ||||||
1,835 | Jardine Strategic Holdings, Ltd. | 66,846 | ||||||
116,654 | Kerry Properties, Ltd. | 557,482 | ||||||
4,121 | Melco Resorts & Entertainment, Ltd.—ADR | 115,388 | ||||||
22,601 | Minth Group, Ltd. | 95,596 | ||||||
455,548 | PCCW, Ltd. | 256,329 | ||||||
75,023 | Shangri-La Asia, Ltd. | 140,550 | ||||||
536,317 | SJM Holdings, Ltd. | 665,157 |
41,424 | Swire Pacific, Ltd.—Class A | 437,845 | ||||||
11,194 | Swire Properties, Ltd. | 41,283 | ||||||
64,606 | Techtronic Industries Co., Ltd. | 358,815 | ||||||
29,706 | The Bank of East Asia, Ltd. | 118,398 | ||||||
72,514 | The Hong Kong and China Gas Co., Ltd. | 138,613 | ||||||
213,765 | WH Group, Ltd. | 172,976 | ||||||
41,188 | Wheelock & Co., Ltd. | 286,237 | ||||||
|
|
|||||||
6,899,480 | ||||||||
|
|
|||||||
Ireland—0.21% |
||||||||
7,801 | Bank of Ireland Group Plc | 60,538 | ||||||
3,285 | CRH Plc | 115,548 | ||||||
474 | DCC Plc | 42,982 | ||||||
10,368 | James Hardie Industries Plc | 173,831 | ||||||
960 | Smurfit Kappa Group Plc | 38,756 | ||||||
|
|
|||||||
431,655 | ||||||||
|
|
|||||||
Israel—1.07% |
||||||||
6,806 | Bank Hapoalim BM | 46,139 | ||||||
48,098 | Bank Leumi Le-Israel BM | 284,600 | ||||||
210,820 | Bezeq the Israel Telecommunication Corp., Ltd. | 237,594 | ||||||
1,671 | Check Point Software Technologies, Ltd. (a)(b) | 163,223 | ||||||
2,689 | Frutarom Industries, Ltd. | 264,463 | ||||||
3,380 | Mizrahi Tefahot Bank, Ltd. | 62,184 | ||||||
1,962 | Nice, Ltd. (a) | 203,060 | ||||||
37,337 | Teva Pharmaceutical Industries, Ltd.—ADR (b) | 908,036 | ||||||
|
|
|||||||
2,169,299 | ||||||||
|
|
|||||||
Italy—2.84% |
||||||||
26,400 | Assicurazioni Generali SpA | 441,355 | ||||||
19,873 | Enel SpA | 110,120 | ||||||
4,668 | Eni SpA | 86,551 | ||||||
4,473 | EXOR NV | 299,322 | ||||||
4,150 | Ferrari NV | 560,953 | ||||||
147,957 | Intesa Sanpaolo SpA | 428,080 | ||||||
75,086 | Intesa Sanpaolo SpA—Savings Shares | 226,873 | ||||||
8,073 | Luxottica Group SpA | 519,787 | ||||||
7,428 | Mediobanca Banca di Credito Finanziario SpA | 68,709 | ||||||
13,848 | Moncler SpA | 628,354 | ||||||
48,917 | Poste Italiane SpA | 408,293 | ||||||
8,014 | Prysmian SpA | 198,850 | ||||||
9,444 | Recordati SpA | 374,220 | ||||||
634,762 | Telecom Italia SpA (a) | 470,284 | ||||||
688,250 | Telecom Italia SpA—Savings Shares | 447,898 | ||||||
29,349 | UniCredit SpA | 486,443 | ||||||
|
|
|||||||
5,756,092 | ||||||||
|
|
|||||||
Japan—24.74% |
||||||||
2,731 | ABC-Mart, Inc. | 149,270 | ||||||
10,731 | Aeon Co., Ltd. | 229,560 | ||||||
17,953 | Alfresa Holdings Corp. | 421,578 | ||||||
3,484 | ANA Holdings, Inc. | 127,837 | ||||||
5,221 | Asahi Group Holdings, Ltd. | 267,773 | ||||||
11,108 | Asahi Kasei Corp. | 140,866 | ||||||
19,362 | Asics Corp. | 326,852 | ||||||
26,039 | Astellas Pharma, Inc. | 396,277 | ||||||
5,803 | Bandai Namco Holdings, Inc. | 239,034 | ||||||
1,137 | Benesse Holdings, Inc. | 40,321 | ||||||
1,770 | Bridgestone Corp. | 69,141 | ||||||
9,401 | Brother Industries, Ltd. | 185,210 | ||||||
10,937 | Calbee, Inc. | 411,424 | ||||||
9,494 | Canon, Inc. | 311,323 | ||||||
322 | Central Japan Railway Co. | 66,663 |
16,656 | Chubu Electric Power Co., Inc. | 249,747 | ||||||
3,758 | Chugai Pharmaceutical Co., Ltd. | 196,771 | ||||||
8,561 | Coca-Cola Bottlers Japan, Inc. | 342,521 | ||||||
20,139 | Credit Saison Co., Ltd. | 316,403 | ||||||
5,771 | CyberAgent, Inc. | 346,106 | ||||||
8,359 | Daicel Corp. | 92,341 | ||||||
5,238 | Daifuku Co., Ltd. | 228,857 | ||||||
9,571 | Dai-ichi Life Holdings, Inc. | 170,341 | ||||||
9,027 | Daiichi Sankyo Co., Ltd. | 344,863 | ||||||
704 | Daito Trust Construction Co., Ltd. | 114,522 | ||||||
2,119 | Daiwa House Industry Co., Ltd. | 72,092 | ||||||
3,519 | DeNA Co., Ltd. | 65,896 | ||||||
1,896 | DENSO Corp. | 92,514 | ||||||
693 | Disco Corp. | 117,978 | ||||||
3,408 | Don Quijote Co., Ltd. | 163,580 | ||||||
2,051 | Eisai Co., Ltd. | 144,370 | ||||||
16,418 | Electric Power Development Co., Ltd. | 423,753 | ||||||
2,121 | FamilyMart UNY Holdings Co., Ltd. | 223,351 | ||||||
239 | FANUC Corp. | 47,373 | ||||||
1,191 | Fast Retailing Co., Ltd. | 545,878 | ||||||
8,061 | FUJIFILM Holdings Corp. | 314,401 | ||||||
46,336 | Fujitsu, Ltd. | 280,403 | ||||||
2,817 | Hamamatsu Photonics K.K. | 120,927 | ||||||
2,084 | Hikari Tsushin, Inc. | 365,740 | ||||||
2,006 | Hisamitsu Pharmaceutical Co., Inc. | 169,026 | ||||||
6,042 | Hitachi Construction Machinery Co., Ltd. | 195,882 | ||||||
92,339 | Hitachi, Ltd. | 650,527 | ||||||
26,169 | Honda Motor Co., Ltd. | 767,301 | ||||||
449 | Hoshizaki Corp. | 45,377 | ||||||
11,129 | Hoya Corp. | 631,337 | ||||||
12,129 | Idemitsu Kosan Co., Ltd. | 431,327 | ||||||
4,188 | Iida Group Holdings Co., Ltd. | 80,625 | ||||||
11,307 | Inpex Corp. | 117,433 | ||||||
45,168 | Isetan Mitsukoshi Holdings, Ltd. | 563,511 | ||||||
27,479 | ITOCHU Corp. | 496,981 | ||||||
8,242 | J Front Retailing Co Ltd. | 125,204 | ||||||
5,086 | Japan Airlines Co., Ltd. | 180,202 | ||||||
1,013 | Japan Airport Terminal Co., Ltd. | 47,375 | ||||||
15,152 | Japan Post Holdings Co., Ltd. | 165,820 | ||||||
9,608 | JGC Corp. | 193,265 | ||||||
98,087 | JXTG Holdings, Inc. | 680,506 | ||||||
42,449 | Kajima Corp. | 327,989 | ||||||
33,774 | Kakaku.com, Inc. | 760,522 | ||||||
6,058 | Kaneka Corp. | 54,253 | ||||||
9,940 | Kao Corp. | 757,642 | ||||||
1,366 | Keisei Electric Railway Co., Ltd. | 46,857 | ||||||
741 | Keyence Corp. | 417,935 | ||||||
5,478 | Kikkoman Corp. | 276,577 | ||||||
12,672 | Kirin Holdings Co., Ltd. | 339,672 | ||||||
2,108 | Kobayashi Pharmaceutical Co., Ltd. | 181,953 | ||||||
41,490 | Kobe Steel, Ltd. | 379,158 | ||||||
4,888 | Komatsu, Ltd. | 139,154 | ||||||
755 | Konami Holdings Corp. | 38,363 | ||||||
35,832 | Konica Minolta, Inc. | 332,318 | ||||||
4,525 | Kose Corp. | 973,302 | ||||||
3,101 | Kyowa Hakko Kirin Co., Ltd. | 62,418 | ||||||
5,334 | Lawson, Inc. | 333,119 | ||||||
9,815 | LINE Corp. (a) | 405,232 | ||||||
24,150 | Lion Corp. | 441,903 |
4,419 | LIXIL Group Corp. | 88,316 | ||||||
8,280 | M3, Inc. | 329,281 | ||||||
1,370 | Makita Corp. | 61,284 | ||||||
63,250 | Marubeni Corp. | 481,547 | ||||||
2,984 | Marui Group Co., Ltd. | 62,769 | ||||||
42,674 | Mazda Motor Corp. | 523,465 | ||||||
6,264 | McDonald’s Holdings Co. Japan, Ltd. | 319,424 | ||||||
3,013 | Medipal Holdings Corp. | 60,523 | ||||||
3,741 | MEIJI Holdings Co., Ltd. | 315,943 | ||||||
20,950 | MISUMI Group, Inc. | 609,536 | ||||||
50,998 | Mitsubishi Chemical Holdings Corp. | 425,873 | ||||||
21,021 | Mitsubishi Corp. | 582,893 | ||||||
8,562 | Mitsubishi Heavy Industries, Ltd. | 311,240 | ||||||
50,639 | Mitsubishi UFJ Financial Group, Inc. | 286,864 | ||||||
46,901 | Mitsubishi UFJ Lease & Finance Co., Ltd. | 287,521 | ||||||
35,937 | Mitsui & Co., Ltd. | 598,433 | ||||||
2,206 | Mitsui Chemicals, Inc. | 58,633 | ||||||
199,633 | Mizuho Financial Group, Inc. | 336,279 | ||||||
326 | Murata Manufacturing Co., Ltd. | 54,728 | ||||||
17,274 | Nexon Co., Ltd. (a) | 250,635 | ||||||
1,105 | NH Foods, Ltd. | 44,671 | ||||||
2,554 | Nidec Corp. | 382,052 | ||||||
19,709 | Nikon Corp. | 313,224 | ||||||
859 | Nintendo Co., Ltd. | 280,403 | ||||||
11,425 | Nippon Electric Glass Co., Ltd. | 316,700 | ||||||
569 | Nippon Express Co., Ltd. | 41,231 | ||||||
9,500 | Nippon Telegraph & Telephone Corp. | 431,566 | ||||||
1,000 | Nissan Chemical Industries, Ltd. | 46,582 | ||||||
6,333 | Nisshin Seifun Group, Inc. | 134,191 | ||||||
574 | Nissin Foods Holdings Co., Ltd. | 41,589 | ||||||
3,658 | Nitori Holdings Co., Ltd. | 569,105 | ||||||
32,718 | Nomura Holdings, Inc. | 158,324 | ||||||
1,806 | Nomura Real Estate Holdings, Inc. | 39,986 | ||||||
1,795 | Nomura Research Institute, Ltd. | 86,844 | ||||||
9,218 | NTT Data Corp. | 106,034 | ||||||
1,787 | NTT DoCoMo, Inc. | 45,537 | ||||||
3,086 | Obic Co., Ltd. | 254,955 | ||||||
56,701 | Oji Holdings Corp. | 351,375 | ||||||
8,417 | Olympus Corp. | 314,860 | ||||||
8,379 | OMRON Corp. | 390,326 | ||||||
4,702 | Ono Pharmaceutical Co., Ltd. | 110,078 | ||||||
3,243 | Oracle Corp. | 264,321 | ||||||
4,050 | Oriental Land Co., Ltd. | 424,629 | ||||||
22,858 | ORIX Corp. | 360,290 | ||||||
13,691 | Osaka Gas Co., Ltd. | 283,485 | ||||||
5,486 | Otsuka Corp. | 214,762 | ||||||
12,963 | Panasonic Corp. | 174,799 | ||||||
10,262 | Persol Holdings Co., Ltd. | 228,539 | ||||||
18,127 | Pola Orbis Holdings, Inc. | 796,600 | ||||||
12,376 | Rakuten, Inc. | 83,534 | ||||||
32,045 | Recruit Holdings Co., Ltd. | 885,040 | ||||||
42,166 | Resona Holdings, Inc. | 224,735 | ||||||
11,923 | Ricoh Co., Ltd. | 109,188 | ||||||
2,239 | Ryohin Keikaku Co., Ltd. | 786,613 | ||||||
4,161 | SBI Holdings, Inc. | 106,689 | ||||||
3,841 | Sega Sammy Holdings, Inc. | 65,741 | ||||||
3,687 | Seiko Epson Corp. | 64,012 | ||||||
8,347 | Sekisui House, Ltd. | 147,528 | ||||||
1,039 | Seven & I Holdings Co., Ltd.—Series A | 45,317 |
4,022 | Shimadzu Corp. | 121,348 | ||||||
1,291 | Shimamura Co., Ltd. | 113,502 | ||||||
11,911 | Shinsei Bank, Ltd. | 182,755 | ||||||
16,249 | Shiseido Co., Ltd. | 1,289,455 | ||||||
5,874 | Showa Shell Sekiyu KK | 87,516 | ||||||
192 | SMC Corp. | 70,289 | ||||||
12,469 | Sony Corp. | 638,592 | ||||||
4,404 | Stanley Electric Co., Ltd. | 149,956 | ||||||
20,905 | Start Today Co., Ltd. | 756,355 | ||||||
1,445 | Subaru Corp. | 42,028 | ||||||
6,482 | SUMCO Corp. | 130,187 | ||||||
41,940 | Sumitomo Chemical Co., Ltd. | 237,197 | ||||||
26,591 | Sumitomo Corp. | 436,088 | ||||||
2,312 | Sumitomo Heavy Industries, Ltd. | 77,898 | ||||||
6,104 | Sumitomo Metal Mining Co., Ltd. | 232,970 | ||||||
11,496 | Sumitomo Mitsui Financial Group, Inc. | 448,413 | ||||||
2,723 | Sumitomo Mitsui Trust Holdings, Inc. | 107,432 | ||||||
1,603 | Sumitomo Realty & Development Co., Ltd. | 59,030 | ||||||
12,072 | Sundrug Co., Ltd. | 489,055 | ||||||
14,152 | Suzuken Co., Ltd. | 598,480 | ||||||
2,403 | Suzuki Motor Corp. | 132,425 | ||||||
6,606 | Sysmex Corp. | 615,512 | ||||||
5,040 | Taiheiyo Cement Corp. | 165,798 | ||||||
4,875 | Taisei Corp. | 268,464 | ||||||
8,113 | Taiyo Nippon Sanso Corp. | 116,139 | ||||||
6,088 | Takeda Pharmaceutical Co., Ltd. | 256,111 | ||||||
438 | TDK Corp. | 44,598 | ||||||
4,844 | Teijin, Ltd. | 88,731 | ||||||
5,620 | Terumo Corp. | 321,733 | ||||||
1,162 | The Bank of Kyoto, Ltd. | 53,651 | ||||||
38,840 | The Kansai Electric Power Co., Inc. | 566,445 | ||||||
6,111 | The Yokohama Rubber Co., Ltd. | 126,755 | ||||||
3,560 | Tokyo Century Corp. (a) | 201,529 | ||||||
118,480 | Tokyo Electric Power Co. Holdings, Inc. | 551,589 | ||||||
1,680 | Tokyo Electron, Ltd. | 288,378 | ||||||
1,921 | Tokyo Gas Co., Ltd. | 51,007 | ||||||
30,537 | Tokyu Fudosan Holdings, Corp. | 215,407 | ||||||
8,409 | Tosoh Corp. | 130,022 | ||||||
2,537 | TOTO, Ltd. | 117,427 | ||||||
10,880 | Toyota Motor Corp. | 703,599 | ||||||
7,803 | Toyota Tsusho Corp. | 260,751 | ||||||
4,031 | Tsuruha Holdings, Inc. | 504,898 | ||||||
4,695 | Unicharm Corp. | 141,152 | ||||||
1,886 | Yakult Honsha Co., Ltd. | 126,100 | ||||||
84,536 | Yamada Denki Co., Ltd. | 419,930 | ||||||
3,537 | Yamaha Corp. | 183,562 | ||||||
3,279 | Yamaha Motor Co., Ltd. | 82,315 | ||||||
15,535 | Yamazaki Baking Co., Ltd. | 407,334 | ||||||
8,140 | Yaskawa Electric Corp. | 286,651 | ||||||
3,817 | Yokogawa Electric Corp. | 67,779 | ||||||
|
|
|||||||
50,108,903 | ||||||||
|
|
|||||||
Jersey—0.74% | ||||||||
6,643 | Ferguson Plc | 537,466 | ||||||
102,986 | Glencore Plc | 488,955 | ||||||
8,356 | Shire Plc | 470,767 | ||||||
|
|
|||||||
1,497,188 | ||||||||
|
|
|||||||
Luxembourg—0.52% | ||||||||
22,352 | ArcelorMittal | 652,138 | ||||||
1,933 | Millicom International Cellular SA | 113,606 | ||||||
4,102 | RTL Group SA | 277,981 | ||||||
|
|
|||||||
1,043,725 | ||||||||
|
|
Macau—0.13% | ||||||||
15,643 | MGM China Holdings, Ltd. | 36,170 | ||||||
68,153 | Wynn Macau, Ltd. | 218,406 | ||||||
|
|
|||||||
254,576 | ||||||||
|
|
|||||||
Netherlands—3.56% | ||||||||
7,600 | ABN AMRO Group NV | 196,550 | ||||||
105,212 | Aegon NV | 628,181 | ||||||
740 | AerCap Holdings NV (a) | 40,071 | ||||||
3,592 | Airbus SE | 419,168 | ||||||
2,629 | ASML Holding NV | 520,240 | ||||||
25,011 | CNH Industrial NV | 264,204 | ||||||
42,308 | Fiat Chrysler Automobiles NV (a) | 798,109 | ||||||
2,850 | Heineken Holding NV | 272,563 | ||||||
582 | Heineken NV | 58,310 | ||||||
26,038 | ING Groep NV | 373,764 | ||||||
34,488 | Koninklijke Ahold Delhaize NV | 823,491 | ||||||
999 | Koninklijke DSM NV | 99,939 | ||||||
7,207 | Koninklijke Philips NV | 305,346 | ||||||
15,731 | NN Group NV | 637,994 | ||||||
5,672 | Randstad Holding NV | 332,920 | ||||||
15,890 | RELX NV | 337,803 | ||||||
14,365 | STMicroelectronics NV | 318,951 | ||||||
11,748 | Unilever NV | 654,564 | ||||||
2,220 | Wolters Kluwer NV | 124,712 | ||||||
|
|
|||||||
7,206,880 | ||||||||
|
|
|||||||
New Zealand—0.39% | ||||||||
34,389 | a2 Milk Co., Ltd. (a) | 266,340 | ||||||
39,340 | Fisher & Paykel Healthcare Corp., Ltd. | 396,432 | ||||||
20,389 | Meridian Energy, Ltd. | 43,067 | ||||||
11,040 | Ryman Healthcare, Ltd. | 89,425 | ||||||
|
|
|||||||
795,264 | ||||||||
|
|
|||||||
Norway—0.84% | ||||||||
6,807 | Aker BP ASA | 250,383 | ||||||
5,091 | DNB ASA | 99,137 | ||||||
11,126 | Equinor ASA | 294,200 | ||||||
7,262 | Gjensidige Forsikring ASA | 118,890 | ||||||
3,449 | Marine Harvest ASA | 68,576 | ||||||
32,799 | Norsk Hydro ASA | 195,785 | ||||||
17,723 | Schibsted ASA—Class B | 499,982 | ||||||
8,607 | Telenor ASA | 176,276 | ||||||
|
|
|||||||
1,703,229 | ||||||||
|
|
|||||||
Portugal—0.19% | ||||||||
26,476 | Jeronimo Martins SGPS SA | 381,374 | ||||||
|
|
|||||||
Singapore—1.23% | ||||||||
19,423 | DBS Group Holdings, Ltd. | 377,719 | ||||||
14,187 | Jardine Cycle & Carriage, Ltd. | 331,450 | ||||||
17,514 | Keppel Corp., Ltd. | 91,619 | ||||||
54,908 | Oversea-Chinese Banking Corp., Ltd. | 467,693 | ||||||
111,112 | Singapore Exchange, Ltd. | 583,883 | ||||||
17,955 | United Overseas Bank, Ltd. | 351,895 | ||||||
28,031 | UOL Group, Ltd. | 156,537 | ||||||
9,258 | Venture Corp, Ltd. | 120,956 | ||||||
|
|
|||||||
2,481,752 | ||||||||
|
|
|||||||
South Africa—0.10% | ||||||||
15,363 | Investec Plc | 108,628 | ||||||
43,438 | Old Mutual, Ltd. | 85,875 | ||||||
|
|
|||||||
194,503 | ||||||||
|
|
Spain—1.90% | ||||||||
6,161 | ACS, Actividades de Construccion y Servicios SA | 248,572 | ||||||
455 | Aena SME SA | 82,377 | ||||||
9,162 | Amadeus IT Holdings SA—Class A | 720,431 | ||||||
38,630 | Banco Bilbao Vizcaya Argentaria SA | 272,441 | ||||||
67,264 | Banco de Sabadell SA | 112,318 | ||||||
91,264 | Banco Santander SA | 487,758 | ||||||
4,960 | Ferrovial SA | 101,495 | ||||||
18,902 | Industria de Diseno Textil SA | 643,692 | ||||||
56,300 | Mapfre SA | 169,223 | ||||||
42,363 | Repsol SA | 826,888 | ||||||
21,120 | Telefonica SA | 179,255 | ||||||
|
|
|||||||
3,844,450 | ||||||||
|
|
|||||||
Sweden—1.24% | ||||||||
5,806 | Electrolux AB—Series B | 131,759 | ||||||
35,854 | Hennes & Mauritz AB—Series B | 533,688 | ||||||
6,945 | Kinnevik AB—Class B | 236,666 | ||||||
5,213 | Lundin Petroleum AB | 165,461 | ||||||
5,065 | Sandvik AB | 89,453 | ||||||
11,173 | Swedish Match AB | 552,189 | ||||||
11,338 | Tele2 AB—B Shares | 132,795 | ||||||
36,117 | Telefonaktiebolaget LM Ericsson—Series B | 278,253 | ||||||
1,220 | Vifor Pharma AG | 194,607 | ||||||
11,985 | Volvo AB—Class B | 190,479 | ||||||
|
|
|||||||
2,505,350 | ||||||||
|
|
|||||||
Switzerland—5.28% | ||||||||
840 | Adecco Group AG | 49,572 | ||||||
1,037 | Baloise Holding AG | 150,424 | ||||||
307 | Barry Callebaut AG | 550,119 | ||||||
2,659 | Cie Financiere Richemont SA | 224,777 | ||||||
10,835 | Clariant AG | 259,265 | ||||||
11,743 | Credit Suisse Group AG | 175,594 | ||||||
818 | Dufry AG | 104,036 | ||||||
120 | Geberit AG | 51,380 | ||||||
22 | Givaudan SA | 49,826 | ||||||
1,536 | Julius Baer Group, Ltd. | 89,966 | ||||||
3,414 | Kuehne & Nagel International AG | 512,515 | ||||||
370 | Lonza Group AG | 97,771 | ||||||
27,144 | Nestle SA | 2,103,683 | ||||||
15,078 | Novartis AG | 1,142,173 | ||||||
2,209 | Pargesa Holding SA | 186,972 | ||||||
960 | Partners Group Holding AG | 701,804 | ||||||
6,155 | Roche Holdings AG | 1,365,537 | ||||||
214 | SGS SA | 568,640 | ||||||
1,260 | Sika AG | 174,094 | ||||||
1,504 | Sonova Holding AG | 269,041 | ||||||
519 | Straumann Holding AG | 393,602 | ||||||
1,155 | Swiss Life Holding AG | 400,498 | ||||||
669 | Swiss Re AG | 58,410 | ||||||
271 | Swisscom AG | 120,956 | ||||||
1,038 | Temenos AG | 156,101 | ||||||
415 | The Swatch Group AG—Group I | 196,453 | ||||||
1,708 | The Swatch Group AG—Group N | 147,480 | ||||||
10,691 | UBS Group AG | 163,897 | ||||||
801 | Zurich Insurance Group AG | 236,880 | ||||||
|
|
|||||||
10,701,466 | ||||||||
|
|
|||||||
United Kingdom—13.74% | ||||||||
33,417 | 3i Group Plc | 395,628 | ||||||
24,030 | Admiral Group Plc | 603,929 |
40,685 | Anglo American Plc | 903,244 | ||||||
6,321 | Ashtead Group Plc | 188,235 | ||||||
5,413 | Associated British Foods Plc | 195,183 | ||||||
9,584 | AstraZeneca Plc | 662,898 | ||||||
148,847 | Auto Trader Group Plc | 834,197 | ||||||
6,256 | Aviva Plc | 41,509 | ||||||
5,057 | BAE Systems Plc | 43,021 | ||||||
9,519 | Berkeley Group Holdings Plc | 474,169 | ||||||
14,898 | BHP Billiton Plc | 334,347 | ||||||
100,882 | BP Plc | 767,562 | ||||||
8,248 | British American Tobacco Plc | 415,479 | ||||||
26,654 | British Sky Broadcasting Group Plc | 513,324 | ||||||
39,713 | Burberry Group Plc | 1,128,664 | ||||||
1,669 | Carnival Plc | 95,391 | ||||||
53,786 | Centrica Plc | 111,680 | ||||||
3,098 | Coca-Cola European Partners Plc | 125,903 | ||||||
10,405 | Coca-Cola HBC AG | 346,326 | ||||||
4,461 | Croda International Plc | 281,833 | ||||||
14,412 | Diageo Plc | 517,764 | ||||||
19,487 | Direct Line Insurance Group Plc | 87,938 | ||||||
7,235 | easyJet Plc | 159,169 | ||||||
34,567 | GlaxoSmithKline Plc | 696,903 | ||||||
6,282 | GVC Holdings Plc | 86,867 | ||||||
44,356 | Hargreaves Lansdown Plc | 1,149,782 | ||||||
161,500 | HSBC Holdings Plc | 1,509,111 | ||||||
5,974 | Imperial Brands Plc | 221,863 | ||||||
5,001 | InterContinental Hotels Group Plc | 310,888 | ||||||
96,984 | International Consolidated Airlines Group SA | 848,711 | ||||||
1,625 | Intertek Group Plc | 122,185 | ||||||
203,508 | J. Sainsbury Plc | 861,198 | ||||||
45,075 | Kingfisher Plc | 176,271 | ||||||
124,791 | Legal & General Group Plc | 436,498 | ||||||
299,693 | Lloyds Banking Group Plc | 248,660 | ||||||
4,133 | London Stock Exchange Group Plc | 243,308 | ||||||
97,998 | Marks & Spencer Group Plc | 380,670 | ||||||
32,350 | Mediclinic International Plc | 224,116 | ||||||
26,808 | Meggitt Plc | 173,962 | ||||||
10,390 | Merlin Entertainments Plc | 52,975 | ||||||
7,253 | Micro Focus International Plc | 125,849 | ||||||
1,478 | Mondi Plc | 39,874 | ||||||
8,745 | Next Plc | 696,090 | ||||||
4,883 | NMC Health Plc | 229,832 | ||||||
19,483 | Pearson Plc | 226,893 | ||||||
10,020 | Persimmon Plc | 333,763 | ||||||
22,351 | Prudential Plc | 509,520 | ||||||
14,479 | Quilter Plc (a) | 27,693 | ||||||
16,232 | RELX Plc | 346,634 | ||||||
10,331 | Rio Tinto Plc | 569,429 | ||||||
17,555 | Rolls-Royce Holdings Plc (a) | 228,655 | ||||||
31,719 | Royal Dutch Shell Plc—Class A | 1,097,760 | ||||||
25,351 | Royal Dutch Shell Plc—Class B | 907,894 | ||||||
184,206 | Royal Mail Plc | 1,225,507 | ||||||
3,073 | Schroders Plc | 127,520 | ||||||
32,082 | Smith & Nephew Plc | 590,960 | ||||||
3,172 | Smiths Group Plc | 70,854 | ||||||
5,860 | Standard Chartered Plc | 53,229 | ||||||
37,775 | Taylor Wimpey Plc | 88,923 | ||||||
124,391 | Tesco Plc | 420,888 | ||||||
46,551 | The Sage Group Plc | 384,473 |
6,204 | Travis Perkins Plc | 116,255 | ||||||
18,949 | TUI AG | 414,452 | ||||||
11,891 | Unilever Plc | 656,864 | ||||||
267,803 | Vodafone Group Plc | 648,696 | ||||||
6,558 | Whitbread Plc | 341,851 | ||||||
111,857 | Wm Morrison Supermarkets Plc | 371,029 | ||||||
|
|
|||||||
27,822,748 | ||||||||
|
|
|||||||
Total Common Stocks (Cost $160,991,431) | 188,326,631 | |||||||
|
|
|||||||
INVESTMENT COMPANIES—4.47% | ||||||||
Canada—0.39% | ||||||||
27,592 | iShares MSCI Canada ETF (b) | 786,648 | ||||||
|
|
|||||||
Switzerland—4.08% | ||||||||
123,441 | iShares MSCI EAFE ETF | 8,266,844 | ||||||
|
|
|||||||
Total Investment Companies (Cost $9,048,677) | 9,053,492 | |||||||
|
|
|||||||
PARTICIPATORY NOTES—0.03% | ||||||||
Switzerland—0.03% | ||||||||
268 | Schindler Holdings AG (g) | 57,540 | ||||||
|
|
|||||||
Total Participatory Notes (Cost $60,588) | 57,540 | |||||||
|
|
|||||||
PREFERRED STOCKS—0.40% | ||||||||
Germany—0.40% | ||||||||
6,028 | FUCHS PETROLUB SE—Preference Shares | 296,616 | ||||||
3,032 | Porsche Automobil Holding SE | 192,519 |
1,168 | Sartorius AG | 173,882 | ||||||
3,645 | Schaeffler AG | 47,309 | ||||||
592 | Volkswagen AG—Preference Shares | 97,805 | ||||||
|
|
|||||||
Total Preferred Stocks (Cost $867,810) | 808,131 | |||||||
|
|
|||||||
REAL ESTATE INVESTMENT TRUSTS—0.52% | ||||||||
France—0.16% | ||||||||
929 | Covivio | 96,526 | ||||||
988 | Gecina SA (b)(f) | 165,054 | ||||||
664 | ICADE | 62,196 | ||||||
|
|
|||||||
323,776 | ||||||||
|
|
|||||||
Hong Kong—0.11% | ||||||||
23,827 | Link Real Estate Investment Trust | 217,288 | ||||||
|
|
|||||||
Singapore—0.10% | ||||||||
104,161 | CapitaLand Commercial Trust | 126,839 | ||||||
60,285 | Suntec Real Estate Investment Trust | 76,438 | ||||||
|
|
|||||||
203,277 | ||||||||
|
|
|||||||
United Kingdom—0.15% | ||||||||
35,903 | Segro Plc | 316,192 | ||||||
|
|
|||||||
Total Real Estate Investment Trusts (Cost $1,041,559) | 1,060,533 | |||||||
|
|
|||||||
RIGHTS—0.00% | ||||||||
Italy—0.00% | ||||||||
147,957 | INTESA SANPAOLO RTS (c)(f)(h) | 0 | ||||||
75,086 | INTESA SANPAOLO-RSP RTS (c)(f)(h) | 0 | ||||||
|
|
|||||||
Total Rights (Cost $0) | 0 | |||||||
|
|
|||||||
SHORT TERM INVESTMENTS—0.75% | ||||||||
Money Market Funds—0.75% | ||||||||
Deutsche Government Money Market Series—Institutional Shares | ||||||||
1,517,145 | Effective Yield, 1.81% (d) | 1,517,145 | ||||||
|
|
|||||||
Total Short Term Investments (Cost $1,517,145) | 1,517,145 | |||||||
|
|
|||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING—0.77% | ||||||||
Investments Purchased with Proceeds from Securities Lending—0.77% | ||||||||
Mount Vernon Liquid Assets Portfolio, LLC | ||||||||
1,569,760 | Effective Yield, 2.21% (d) | 1,569,760 | ||||||
|
|
|||||||
Total Investments Purchased with Proceeds from Securities Lending (Cost $1,569,760) | 1,569,760 | |||||||
|
|
|||||||
Total Investments (Cost $175,096,970)—99.93% | 202,393,232 | |||||||
Other Assets in Excess of Liabilities—0.07% | 136,288 | |||||||
|
|
|||||||
TOTAL NET ASSETS—100.00% | $ | 202,529,520 | ||||||
|
|
Percentages are stated as a percent of net assets.
(a) | Non-income producing security. |
(b) | All or portion of this security is on loan. |
(c) | Value determined using significant unobservable inputs. Classified as Level 3 in the fair value hierarchy. |
(d) | Seven-day yield as of June 30, 2018. |
(e) | A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately. |
(f) | These securities have been deemed illiquid according to the Fund’s liquidity guidelines. The value of these securities total $305,438, which represents 0.15% of total net assets. |
(g) | Represents the value of the underlying security. |
(h) | As of June 30, 2018, the Valuation Committee has fair valued these securities, whose value were determined using significant, unobservable inputs. The value of these securities were $0, which represents 0.00% of total net assets. |
Glossary of Terms
ADR American Depositary Receipt
GuideMark® World ex-US Fund
Schedule of Investments by Industry (Unaudited)
COMMON STOCKS |
||||
Aerospace & Defense |
0.77 | % | ||
Air Freight & Logistics |
1.03 | % | ||
Airlines |
1.09 | % | ||
Auto Components |
0.93 | % | ||
Automobiles |
2.10 | % | ||
Banks |
7.59 | % | ||
Beverages |
1.67 | % | ||
Biotechnology |
0.32 | % | ||
Building Products |
0.15 | % | ||
Capital Markets |
2.57 | % | ||
Chemicals |
2.73 | % | ||
Commercial Services & Supplies |
0.12 | % | ||
Communications Equipment |
0.17 | % | ||
Construction & Engineering |
1.42 | % | ||
Construction Materials |
0.30 | % | ||
Consumer Finance |
0.33 | % | ||
Containers & Packaging |
0.02 | % | ||
Distributors |
0.16 | % | ||
Diversified Consumer Services |
0.02 | % | ||
Diversified Financial Services |
1.45 | % | ||
Diversified Telecommunication Services |
1.28 | % | ||
Electric Utilities |
1.22 | % | ||
Electrical Equipment |
0.53 | % | ||
Electronic Equipment, Instruments & Components |
1.83 | % | ||
Food & Staples Retailing |
3.88 | % | ||
Food Products |
3.47 | % | ||
Gas Utilities |
0.23 | % | ||
Health Care Equipment & Supplies |
2.43 | % | ||
Health Care Providers & Services |
1.00 | % | ||
Health Care Technology |
0.16 | % | ||
Hotels, Restaurants & Leisure |
2.46 | % | ||
Household Durables |
1.27 | % | ||
Household Products |
0.66 | % | ||
Independent Power and Renewable Electricity Producers |
0.23 | % | ||
Industrial Conglomerates |
0.63 | % | ||
Insurance |
5.77 | % | ||
Internet & Catalog Retail |
0.04 | % | ||
Internet & Direct Marketing Retail |
0.63 | % | ||
Internet Software & Services |
1.11 | % | ||
IT Services |
1.81 | % | ||
Leisure Products |
0.40 | % | ||
Life Sciences Tools & Services |
0.05 | % | ||
Machinery |
1.09 | % | ||
Marine |
0.47 | % | ||
Media |
1.46 | % | ||
Metals & Mining |
3.37 | % | ||
Multiline Retail |
1.39 | % | ||
Multi-Utilities |
0.21 | % | ||
Oil & Gas |
0.14 | % |
Oil, Gas & Consumable Fuels |
4.10 | % | ||
Paper & Forest Products |
0.57 | % | ||
Personal Products |
2.12 | % | ||
Pharmaceuticals |
5.55 | % | ||
Professional Services |
1.23 | % | ||
Real Estate Management & Development |
1.44 | % | ||
Road & Rail |
0.23 | % | ||
Semiconductors & Semiconductor Equipment |
0.83 | % | ||
Software |
2.74 | % | ||
Specialty Retail |
2.23 | % | ||
Technology Hardware, Storage & Peripherals |
0.49 | % | ||
Textiles, Apparel & Luxury Goods |
3.56 | % | ||
Tobacco |
0.59 | % | ||
Trading Companies & Distributors |
2.44 | % | ||
Transportation Infrastructure |
0.25 | % | ||
Wireless Telecommunication Services |
0.46 | % | ||
|
|
|||
TOTAL COMMON STOCKS |
92.99 | % | ||
|
|
|||
INVESTMENT COMPANIES |
||||
Exchange Traded Funds |
4.47 | % | ||
|
|
|||
TOTAL INVESTMENT COMPANIES |
4.47 | % | ||
|
|
|||
PARTICIPATORY NOTES |
||||
Machinery |
0.03 | % | ||
|
|
|||
TOTAL PARTICIPATORY NOTES |
0.03 | % | ||
|
|
|||
PREFERRED STOCKS |
||||
Auto Components |
0.02 | % | ||
Automobiles |
0.14 | % | ||
Chemicals |
0.15 | % | ||
Health Care Equipment & Supplies |
0.09 | % | ||
|
|
|||
TOTAL PREFERRED STOCKS |
0.40 | % | ||
|
|
|||
REAL ESTATE INVESTMENT TRUSTS |
||||
Real Estate Investment Trusts |
0.52 | % | ||
|
|
|||
TOTAL REAL ESTATE INVESTMENT TRUSTS |
0.52 | % | ||
|
|
|||
RIGHTS |
||||
Banks |
— | % | ||
|
|
|||
TOTAL RIGHTS |
— | % | ||
|
|
|||
SHORT TERM INVESTMENTS |
||||
Money Market Funds |
0.75 | % | ||
|
|
|||
TOTAL SHORT TERM INVESTMENTS |
0.75 | % | ||
|
|
|||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
||||
Investments Purchased with Proceeds from Securities Lending |
0.77 | % | ||
|
|
|||
TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING |
0.77 | % | ||
|
|
|||
TOTAL INVESTMENTS |
99.93 | % | ||
Other Assets in Excess of Liabilities |
0.07 | % | ||
|
|
|||
TOTAL NET ASSETS |
100.00 | % | ||
|
|
Percentages are stated as a percent of net assets.
GuideMark® Core Fixed Income Fund
Schedule of Investments (Unaudited)
Principal |
Value | |||||||
ASSET BACKED SECURITIES—20.00% | ||||||||
395,000 | AIMCO CLO | |||||||
Series 2015-A, 3.198% (3 Month LIBOR USD + 0.850%, 0.850% Floor), 01/15/2028 (a)(c) |
$ | 394,256 | ||||||
214,402 | Ajax Mortgage Loan Trust | |||||||
Series 2017-B, 3.163%, 09/25/2056 (b)(c) |
211,003 | |||||||
510,000 | Ally Auto Receivables Trust | |||||||
Series 2017-4, 1.750%, 12/15/2021 |
503,217 | |||||||
395,000 | Ally Master Owner Trust | |||||||
Series 2018-1, 2.700%, 01/15/2023 |
391,322 | |||||||
Americredit Automobile Receivables Trust | ||||||||
250,000 | Series 2016-4, 1.530%, 07/08/2021 |
248,218 | ||||||
320,000 | Series 2017-3-A3, 1.900%, 03/18/2022 |
315,397 | ||||||
392,000 | AMMC CLO 21, Ltd. | |||||||
Series 2017-21, 3.613% (3 Month LIBOR USD + 1.250%, 0.000% Floor), 11/02/2030 (a)(c) |
393,062 | |||||||
500,000 | Apidos CLO XII | |||||||
Series 2013-12A, 3.118% (3 Month LIBOR USD + 1.080%, 0.000% Floor), 04/15/2031 (a) |
499,337 | |||||||
250,000 | Atlas Senior Loan Fund X, Ltd. | |||||||
Series 2018-10A, 3.438% (3 Month LIBOR USD + 1.090%, 0.000% Floor), 01/15/2031 (a)(c) |
249,771 | |||||||
400,000 | Atrium XII | |||||||
Series 2015-12R, 3.192% (3 Month LIBOR USD + 0.830%, 0.000% Floor), 04/22/2027 (a)(c) |
399,387 | |||||||
250,000 | Babson CLO, Ltd. | |||||||
Series 2015-IIA, 3.549% (3 Month LIBOR USD + 1.190%, 0.000% Floor), 10/20/2030 (a)(c) |
250,367 | |||||||
Barings CLO, Ltd. | ||||||||
575,000 | Series 2013-IA, 3.159% (3 Month LIBOR USD + 0.800%, 0.800% Floor), 01/20/2028 (a)(c) |
574,705 | ||||||
250,000 | Series 2018-III, 3.020% (3 Month LIBOR USD + 0.950%, 0.000% Floor), 07/20/2029 (a)(c) |
249,795 | ||||||
BlueMountain CLO, Ltd. | ||||||||
390,000 | Series 2015-2, 0.000% (3 Month LIBOR USD + 0.930%, 0.930% Floor), 07/18/2027 (a) |
390,000 | ||||||
397,000 | Series 2013-2R, 3.542% (3 Month LIBOR USD + 1.180%, 0.000% Floor), 10/22/2030 (a)(c) |
398,221 | ||||||
403,000 | Series 2015-3R, 3.339% (3 Month LIBOR USD + 1.000%, 0.000% Floor), 04/20/2031 (a)(c) |
401,257 | ||||||
315,000 | BMW Vehicle Lease Trust | |||||||
Series 2017-2, 2.070%, 10/20/2020 |
312,135 | |||||||
385,000 | Bristol Park CLO, Ltd. | |||||||
Series 2016-1, 3.768% (3 Month LIBOR USD + 1.420%, 0.000% Floor), 04/15/2029 (a)(c) |
385,777 | |||||||
735,000 | Capital One Multi-Asset Execution Trust | |||||||
Series 2016-3A, 1.340%, 04/15/2022 |
725,532 | |||||||
Carlyle Global Market Strategies CLO, Ltd. | ||||||||
250,000 | Series 2013-2A, 3.245% (3 Month LIBOR USD + 0.890%, 0.000% Floor), 01/18/2029 (a)(c) |
249,616 | ||||||
250,000 | Series 2013-3A, 3.448% (3 Month LIBOR USD + 1.100%, 0.000% Floor), 10/15/2030 (a)(c) |
250,124 | ||||||
370,000 | Series 2013-4A, 2.722% (3 Month LIBOR USD + 1.000%, 1.000% Floor), 01/15/2031 (a)(c) |
369,407 | ||||||
250,000 | Series 2018-1A, 3.075% (3 Month LIBOR USD + 1.020%, 0.000% Floor), 04/20/2031 (a)(c) |
249,213 | ||||||
645,000 | Chase Issuance Trust | |||||||
Series 2016-2, 1.370%, 06/15/2021 |
637,046 | |||||||
CIFC Funding Ltd. | ||||||||
365,000 | Series 2013-IR, 3.598% (3 Month LIBOR USD + 1.250%, 0.000% Floor), 07/15/2030 (a)(c) |
366,465 | ||||||
390,000 | Series 2013-IIR, 3.565% (3 Month LIBOR USD + 1.210%, 0.000% Floor), 10/18/2030 (a)(c) |
391,740 | ||||||
250,000 | Series 2015-IR, 3.472% (3 Month LIBOR USD + 1.110%, 1.110% Floor), 01/22/2031 (a)(c) |
249,768 | ||||||
250,000 | Series 2018-1, 3.157% (3 Month LIBOR USD + 1.000%, 0.000% Floor), 04/18/2031 (a)(c) |
248,337 | ||||||
16,899 | CIG AUTO RECEIVABLES TRUST | |||||||
Series 2017-1, 2.710%, 05/15/2023 (c) |
16,793 | |||||||
105,000 | CNH Equipment Trust | |||||||
Series 2018-A, 3.300%, 04/15/2025 |
105,355 | |||||||
35,390 | Conn’s Receivables Funding LLC | |||||||
Series 2017-B, 2.730%, 07/15/2020 (c)(d) |
35,382 | |||||||
195,000 | Credit Suisse ABS Trust | |||||||
Series 2018-A, 3.420%, 07/25/2024 (c)(d) |
194,994 | |||||||
190,000 | Domino’s Pizza Master Issuer LLC | |||||||
Series 2018-1, 4.116%, 07/25/2048 (c)(d) |
190,586 | |||||||
270,000 | Dryden 38 Senior Loan Fund | |||||||
Series 2015-38A, 3.778% (3 Month LIBOR USD + 1.430%, 1.430% Floor), 07/15/2027 (a)(c) |
270,052 | |||||||
530,000 | Dryden 50 Senior Loan Fund | |||||||
Series 2017-50, 3.568% (3 Month LIBOR USD + 1.220%, 0.000% Floor), 07/15/2030 (a)(c) |
530,483 | |||||||
128,222 | Engs Commercial Finance Trust | |||||||
Series 2018-1, 2.970%, 02/22/2021 (c)(d) |
128,112 | |||||||
307,257 | Flagship Credit Auto Trust | |||||||
Series 2018-2, 2.970%, 10/17/2022 (c) |
306,213 | |||||||
300,000 | Ford Credit Auto Lease Trust | |||||||
Series 2017-B, 2.030%, 12/15/2020 |
297,026 | |||||||
485,000 | Ford Credit Auto Owner Trust | |||||||
Series 2015-A, 2.030%, 08/15/2020 |
482,238 | |||||||
295,000 | Galaxy XXII CLO, Ltd. | |||||||
Series 2016-22A, 2.800%, 07/16/2028 (c) |
295,269 | |||||||
100,000 | GCO Education Loan Funding Trust | |||||||
Series 2006-1, 2.560% (3 Month LIBOR USD + 0.230%, 0.230% Floor), 05/25/2036 (a) |
94,022 | |||||||
570,000 | GM Financial Automobile Leasing Trust | |||||||
Series 2017-1, 2.060%, 05/20/2020 |
566,774 | |||||||
300,000 | GTP Acquisition Partners I LLC | |||||||
Series 2015-2, 3.482%, 06/15/2050 (c) |
293,170 | |||||||
KKR Financial CLO Ltd. | ||||||||
340,000 | Series 2016-16, 3.849% (3 Month LIBOR USD + 1.490%, 0.000% Floor), 01/22/2029 (a)(c) |
341,492 | ||||||
250,000 | Series 2013-IA, 3.638% (3 Month LIBOR USD + 1.290%, 0.000% Floor), 04/15/2029 (a)(c) |
251,872 | ||||||
400,000 | Series 2015-11R, 3.528% (3 Month LIBOR USD + 1.180%, 0.000% Floor), 01/15/2031 (a)(c) |
400,319 | ||||||
280,000 | Series 2014-21, 3.345% (3 Month LIBOR USD + 1.000%, 0.000% Floor), 04/15/2031 (a)(c) |
277,397 | ||||||
320,000 | LCM XXII Ltd. | |||||||
Series 21-A, 3.839% (3 Month LIBOR USD + 1.480%, 0.000% Floor), 10/20/2028 (a)(c) |
322,424 | |||||||
250,000 | LCM XXV Ltd. | |||||||
Series 2017-25, 3.569% (3 Month LIBOR USD + 1.210%, 0.000% Floor), 07/20/2030 (a)(c) |
250,753 | |||||||
100,000 | Lendmark Funding Trust | |||||||
Series 2016-A, 3.260%, 04/21/2025 (c)(d) |
100,148 | |||||||
130,000 | Marlette Funding Trust | |||||||
Series 2018-2, 3.060%, 07/17/2028 (c)(d) |
130,060 | |||||||
Mill City Mortgage Loan Trust | ||||||||
320,000 | Series 2018-2, 3.500%, 05/25/2058 (b)(c) |
318,647 | ||||||
345,503 | Series 2017-3, 2.750%, 01/25/2061 (b)(c) |
339,830 | ||||||
233,314 | Series 2018-1, 3.250%, 05/25/2062 (b)(c) |
232,117 | ||||||
93,316 | Nationstar HECM Loan Trust | |||||||
Series 2018-IA, 2.760%, 02/25/2028 (b)(c) |
93,416 | |||||||
Neuberger Berman CLO Ltd. | ||||||||
401,000 | Series 2017-16A, 3.198% (3 Month LIBOR USD + 0.850%, 0.000% Floor), 01/18/2028 (a)(c) |
400,689 | ||||||
345,000 | Series 2018-27A, 3.417% (3 Month LIBOR USD + 1.400%, 0.000% Floor), 01/15/2030 (a)(c) |
342,826 | ||||||
NRZ Advance Receivables Trust | ||||||||
147,000 | Series 2016-T2, 2.575%, 10/15/2049 (c) |
145,810 | ||||||
136,000 | Series 2015-ON1, 3.107%, 12/15/2050 (c) |
135,121 | ||||||
120,000 | Series 2017-T1, 3.214%, 02/15/2051 (c) |
119,282 | ||||||
NRZ Excess Spread-Collateralized Notes Series | ||||||||
199,617 | Series 2018-PLS1, 3.193%, 01/25/2023 (c) |
198,358 | ||||||
127,102 | Series 2018-PLS2, 3.265%, 02/25/2023 (c) |
126,992 | ||||||
291,092 | Series 2018-FNT1, 3.610%, 05/25/2023 (c) |
292,182 | ||||||
OCP CLO Ltd. |
275,000 | Series 2015-8R, 3.203% (3 Month LIBOR USD + 0.850%, 0.000% Floor), 04/17/2027 (a)(c) |
274,289 | ||||||
335,000 | Series 2015-9R, 3.148% (3 Month LIBOR USD + 0.800%, 0.000% Floor), 07/15/2027 (a)(c) |
334,308 | ||||||
193,645 | Octagon Investment Partners XVI Ltd. | |||||||
Series 2013-1A, 3.473% (3 Month LIBOR USD + 1.120%, 0.000% Floor), 07/17/2025 (a)(c) |
193,645 | |||||||
250,000 | Octagon Investment Partners XXI Ltd. | |||||||
Series 2014-IR, 3.705% (3 Month LIBOR USD + 1.350%, 0.000% Floor), 11/16/2026 (a)(c) |
250,120 | |||||||
167,407 | OHA Credit Partners VIII, Ltd. | |||||||
Series 2013-8A, 3.479% (3 Month LIBOR USD + 1.120%, 0.000% Floor), 04/20/2025 (a) |
167,455 | |||||||
OneMain Financial Issuance Trust | ||||||||
331,000 | Series 2018-1A, 3.300%, 03/14/2029 (c) |
330,445 | ||||||
120,000 | Series 2017-1A, 2.370%, 09/14/2032 (c) |
117,711 | ||||||
300,000 | OZLM XII Ltd. | |||||||
Series 2015-12A, 3.809% (3 Month LIBOR USD + 1.450%, 1.450% Floor), 04/30/2027 (a)(c) |
300,358 | |||||||
187,993 | Prosper Marketplace Issuance Trust | |||||||
Series 2018-IA, 3.110%, 06/17/2024 (c) |
187,887 | |||||||
180,000 | Regional Management Issuance Trust | |||||||
Series 2018-1, 3.830%, 06/15/2027 (c)(d)(j)(k) |
179,963 | |||||||
400,000 | RR 3 Ltd. | |||||||
Series 2014-R2, 3.438% (3 Month LIBOR USD + 1.090%, 1.090% Floor), 01/15/2030 (a)(c) |
400,721 | |||||||
SBA Tower Trust | ||||||||
155,000 | Series 2014-1-2, 2.898%, 10/15/2044 (c) |
154,066 | ||||||
90,000 | Series 2017-1, 3.168%, 04/15/2047 (c) |
88,486 | ||||||
125,000 | Series 2018-1, 3.448%, 03/15/2048 (c) |
124,310 | ||||||
250,000 | Shackleton | |||||||
Series 2014-6A, 3.513% (3 Month LIBOR USD + 1.160%, 0.000% Floor), 07/17/2026 (a) |
250,279 | |||||||
153,090 | Skopos Auto Receivables Trust | |||||||
Series 2018-1A, 3.190%, 09/15/2021 (c)(d) |
153,174 | |||||||
SoFi Consumer Loan Program Trust | ||||||||
295,174 | Series 2016-2, 3.090%, 10/27/2025 (c)(d) |
295,014 | ||||||
184,343 | Series 2018-1, 2.550%, 02/25/2027 (c) |
183,576 | ||||||
157,837 | Series 2018-2, 2.930%, 04/26/2027 (c) |
157,797 | ||||||
315,000 | Sound Point CLO II Ltd. | |||||||
Series 2013-1A, 3.432% (3 Month LIBOR USD + 1.070%, 1.070% Floor), 01/27/2031 (a)(c) |
314,220 | |||||||
335,000 | Sound Point CLO III, Ltd. | |||||||
Series 2013-2A, 3.298% (3 Month LIBOR USD + 0.950%, 0.000 Floor), 04/15/2029 (a)(c) |
333,417 | |||||||
250,000 | Sound Point CLO IV, Ltd. | |||||||
Series 2013-3A, 3.651% (3 Month LIBOR USD + 1.150%0.000% Floor), 04/18/2031 (a)(c) |
248,820 | |||||||
401,000 | Sound Point CLO XVIII Ltd. | |||||||
Series 2017-4A, 2.864% (3 Month LIBOR USD + 1.120%, 0.000% Floor), 01/21/2031 (a)(c) |
400,625 | |||||||
125,000 | Springleaf Funding Trust | |||||||
Series 2017-A, 2.680%, 07/15/2030 (c) |
123,021 | |||||||
395,000 | TICP CLO III, Ltd. | |||||||
Series 2018-3, 3.199% (3 Month LIBOR USD + 0.840%, 0.840% Floor), 04/20/2028 (a)(c) |
393,732 | |||||||
Voya CLO Ltd. | ||||||||
400,000 | Series 2014-3, 3.080% (3 Month LIBOR USD + 0.720%, 0.000% Floor), 07/25/2026 (a)(c) |
399,914 | ||||||
480,000 | Series 2015-1, 3.255% (3 Month LIBOR USD + 0.900%, 0.900% Floor), 01/18/2029 (a)(c) |
479,341 | ||||||
79,600 | Wendy’s Funding LLC | |||||||
Series 2018-1, 3.884%, 03/15/2048 (c)(d) |
77,984 | |||||||
230,000 | World Omni Auto Receivables Trust | |||||||
Series 2017-B, 1.950%, 02/15/2023 |
225,273 | |||||||
400,000 | Z Capital Credit Partners CLO Ltd. | |||||||
Series 2015-1, 3.298% (3 Month LIBOR USD + 0.950%, 0.950% Floor), 07/16/2027 (a)(c) |
400,112 | |||||||
|
|
|||||||
Total Asset Backed Securities (Cost $26,588,542) | 26,470,742 | |||||||
|
|
|||||||
COLLATERALIZED MORTGAGE OBLIGATIONS—11.05% | ||||||||
Angel Oak Mortgage Trust LLC | ||||||||
22,627 | Series 2017-1, 2.810%, 01/25/2047 (b)(c) |
22,558 | ||||||
39,791 | Series 2017-2, 2.478%, 07/25/2047 (b)(c) |
39,514 | ||||||
37,011 | Series 2017-3, 2.708%, 11/25/2047 (b)(c) |
36,515 | ||||||
188,819 | Series 2018-1, 3.258%, 04/25/2048 (b)(c) |
189,248 | ||||||
272,334 | Arroyo Mortgage Trust | |||||||
Series 2018-1, 3.763%, 04/25/2048 (b)(c) |
272,554 | |||||||
110,000 | BANK 2017-BNK8 | |||||||
Series 2017-8, 3.488%, 11/17/2050 |
107,806 | |||||||
384,000 | BANK 2017-BNK9 | |||||||
Series 2017-9, 3.538%, 11/17/2054 |
380,407 | |||||||
270,000 | BANK 2018-BNK10 | |||||||
Series 2018-10, 3.688%, 02/17/2061 |
268,754 | |||||||
113,910 | Bayview Koitere Fund Trust | |||||||
Series 2017-RT4, 3.500%, 07/28/2057 (b)(c) |
113,898 | |||||||
311,519 | Bayview Mortgage Fund IVc Trust | |||||||
Series 2017-RT3A, 3.500%, 01/28/2058 (b)(c) |
311,777 | |||||||
Bayview Opportunity Master Fund IVa Trust | ||||||||
287,951 | Series 2017-SPL5A, 3.500%, 07/28/2057 (b)(c) |
288,097 | ||||||
94,715 | Series 2017-SPL1A, 4.000%, 10/28/2064 (b)(c) |
96,172 | ||||||
Bayview Opportunity Master Fund IVb Trust | ||||||||
79,668 | Series 2017-SPL3, 4.000%, 11/28/2053 (b)(c) |
80,614 | ||||||
110,965 | Series 2017-RT6, 3.500%, 10/28/2057 (b)(c) |
111,299 | ||||||
BBCMS Mortgage Trust | ||||||||
132,000 | Series 2017-DELC, 2.923% (1 Month LIBOR USD + 0.850%), 08/15/2036 (a)(c) |
132,220 | ||||||
374,000 | Series 2017-C1, 3.674%, 02/17/2050 |
371,396 | ||||||
105,000 | BENCHMARK Mortgage Trust | |||||||
Series 2018-B1, 3.666%, 01/18/2051 (b) |
105,021 | |||||||
92,000 | CD 2017-CD4 Mortgage Trust | |||||||
Series 2017-CD4, 3.514%, 05/12/2050 (b) |
90,778 | |||||||
153,000 | CFCRE Commercial Mortgage Trust | |||||||
Series 2017-C8, 3.572%, 06/17/2050 |
151,292 | |||||||
50,363 | Chase Mortgage Finance Trust | |||||||
Series 2007-A1, 3.859%, 02/25/2037 (b) |
50,744 | |||||||
106,879 | CIM Trust | |||||||
Series 2017-7, 3.000%, 04/25/2057 (b)(c) |
105,990 | |||||||
Citigroup Commercial Mortgage Trust | ||||||||
407,000 | Series 2016-P4, 2.902%, 07/12/2049 |
386,878 | ||||||
383,000 | Series 2016-P6, 3.720%, 12/10/2049 (b) |
384,579 | ||||||
Citigroup Mortgage Loan Trust, Inc. | ||||||||
322,472 | Series 2018-R2, 3.500%, 02/25/2058 (b)(c) |
323,436 | ||||||
141,978 | Series 2018-R, 3.000%, 09/25/2064 (b)(c) |
142,767 | ||||||
COLT Mortgage Loan Trust | ||||||||
48,051 | Series 2017-1, 2.614%, 05/27/2047 (b)(c) |
47,995 | ||||||
112,685 | Series 2018-1, 2.930%, 02/25/2048 (b)(c) |
112,164 | ||||||
270,000 | Series 2018-2, 3.470%, 07/27/2048 (b)(c) |
270,675 | ||||||
120,000 | COMM Mortgage Trust | |||||||
Series 2013-300P, 4.353%, 08/12/2030 (c) |
124,439 | |||||||
Countrywide Home Loans, Inc. | ||||||||
10,947 | Series 2004-HYB6, 3.524%, 11/20/2034 (a) |
11,215 | ||||||
87,527 | Series 2005-11, 2.691% (1 Month LIBOR USD + 0.600%, 10.500% Cap, 0.300% Floor), 03/25/2035 (b) |
79,560 | ||||||
45,921 | CSMC Trust | |||||||
Series 2017-FHA1, 3.250%, 04/25/2047 (b)(c) |
44,843 | |||||||
394,000 | DBJPM Mortgage Trust | |||||||
Series 2016-C3, 2.890%, 08/12/2049 |
372,737 | |||||||
Deephaven Residential Mortgage Trust | ||||||||
69,568 | Series 2017-3, 2.577%, 10/25/2047 (b)(c) |
69,311 | ||||||
237,561 | Series 2018-2, 3.479%, 04/25/2058 (b)(c) |
239,241 | ||||||
74,045 | Finance of America Structured Securities Trust | |||||||
Series 2017-HB 1, 2.321%, 11/25/2027 (b)(c) |
74,007 | |||||||
385,711 | Four Times Square Trust | |||||||
Series 2006-4TS, 5.401%, 12/13/2028 (c) |
404,381 | |||||||
86,387 | Galton Funding Mortgage Trust 2017-1 | |||||||
Series 2018-1, 3.500%, 11/25/2057 (b)(c) |
86,522 | |||||||
GS Mortgage Securities Trust | ||||||||
145,000 | Series 2012-ALOH, 3.551%, 04/12/2034 (c) |
146,253 | ||||||
145,000 | Series 2012-BWTR, 2.954%, 11/07/2034 (c) |
141,588 | ||||||
35,000 | Series 2015-GC34, 3.506%, 10/13/2048 |
34,815 | ||||||
370,000 | Series 2016-GS4, 3.442%, 11/15/2049 (b) |
363,718 | ||||||
107,921 | Series 2017-GS5, 3.674%, 03/11/2050 |
107,846 |
691,748 | JPMBB Commercial Mortgage Securities Trust | |||||||
Series 2013-C12, 3.157%, 07/17/2045 |
692,626 | |||||||
261,000 | Madison Park Funding XI, Ltd. | |||||||
Series 2013-11A, 3.522% (3 Month LIBOR USD + 1.160%, 0.000% Floor), 07/23/2029 (a) |
261,105 | |||||||
Morgan Stanley Bank of America Merrill Lynch Trust | ||||||||
175,000 | Series 2016-C29, 3.325%, 05/17/2049 |
170,718 | ||||||
403,000 | Series 2016-C30, 2.860%, 09/17/2049 |
380,001 | ||||||
224,071 | Morgan Stanley ABS Capital I, Inc. Trust | |||||||
Series 2003-NC10, 3.111% (1 Month LIBOR USD + 1.020%, 0.680% Floor), 10/25/2033 (a)(d) |
222,520 | |||||||
Morgan Stanley Capital I Trust | ||||||||
185,000 | Series 2014-MP, 3.469%, 08/11/2033 (c) |
184,826 | ||||||
152,000 | Series 2017-H1, 3.530%, 06/17/2050 |
150,153 | ||||||
New Residential Mortgage Loan Trust | ||||||||
113,174 | Series 2016-2, 3.750%, 11/25/2035 (b)(c) |
113,811 | ||||||
90,288 | Series 2016-4, 3.750%, 11/25/2056 (b)(c) |
90,599 | ||||||
153,808 | Series 2017-1, 4.000%, 02/25/2057 (b)(c) |
155,468 | ||||||
135,857 | Series 2017-2, 4.000%, 03/25/2057 (b)(c) |
138,163 | ||||||
78,129 | Series 2017-3, 4.000%, 04/25/2057 (b)(c) |
79,079 | ||||||
86,605 | Series 2017-4, 4.000%, 05/25/2057 (b)(c) |
87,868 | ||||||
102,516 | Series 2017-5, 3.591% (1 Month LIBOR USD + 1.500%, 1.500% Floor), 06/25/2057 (a)(c) |
105,732 | ||||||
111,208 | Series 2017-6, 4.000%, 08/25/2057 (b)(c) |
112,484 | ||||||
238,061 | Series 2018-1, 4.000%, 12/25/2057 (b)(c) |
242,391 | ||||||
245,272 | Series 2018-2, 4.500%, 02/25/2058 (b)(c) |
252,532 | ||||||
130,000 | OBP Depositor LLC Trust | |||||||
Series 2010-OBP, 4.646%, 07/17/2045 (c) |
133,282 | |||||||
75,000 | SG Commercial Mortgage Securities Trust | |||||||
Series 2016-C5, 3.055%, 10/13/2048 |
71,372 | |||||||
248,459 | SG Residential Mortgage Trust | |||||||
Series 2018 A-1, 3.425%, 04/25/2048 (b)(c) |
248,965 | |||||||
Towd Point Mortgage Trust | ||||||||
204,584 | Series 2015-6, 2.750%, 04/25/2055 (b)(c) |
201,936 | ||||||
77,596 | Series 2016-2, 2.750%, 08/25/2055 (b)(c) |
76,407 | ||||||
87,985 | Series 2016-3, 2.250%, 08/25/2055 (b)(c) |
86,303 | ||||||
175,434 | Series 2017-1, 2.750%, 10/25/2056 (b)(c) |
172,435 | ||||||
95,701 | Series 2017-5, 2.691% (1 Month LIBOR USD + 0.600%, 0.000% Floor), 02/26/2057 (a)(c) |
96,029 | ||||||
349,640 | Series 2017-2, 2.750%, 04/25/2057 (b)(c) |
344,339 | ||||||
83,621 | Series 2017-3, 2.750%, 06/25/2057 (b)(c) |
82,159 | ||||||
94,757 | Series 2017-4, 2.750%, 06/25/2057 (b)(c) |
92,880 | ||||||
376,160 | Series 2017-6, 2.750%, 10/25/2057 (b)(c) |
369,404 | ||||||
122,089 | Series 2018-1, 3.000%, 01/28/2058 (b)(c) |
121,717 | ||||||
329,024 | Series 2018-2, 3.250%, 03/25/2058 (b)(c) |
328,390 | ||||||
236,000 | Series 2018-3, 3.750%, 05/25/2058 (b)(c) |
236,086 | ||||||
298,930 | Verus Securitization Trust | |||||||
Series 2017-SG1, 2.690%, 11/25/2047 (b)(c) |
296,618 | |||||||
380,000 | Wells Fargo Commercial Mortgage Trust | |||||||
Series 2017-RB1, 3.635%, 03/17/2050 |
378,427 | |||||||
540,000 | Wells Fargo-RBS Commercial Mortgage Trust | |||||||
Series 2014-C19, 3.660%, 03/15/2047 |
545,690 | |||||||
|
|
|||||||
Total Collateralized Mortgage Obligations (Cost $14,889,587) | 14,618,139 | |||||||
|
|
|||||||
CORPORATE OBLIGATIONS—30.28% | ||||||||
Aerospace & Defense—0.41% | ||||||||
175,000 | General Dynamics Corp. | |||||||
2.875%, 05/11/2020 |
174,857 | |||||||
185,000 | Lockheed Martin Corp. | |||||||
4.090%, 09/15/2052 |
174,922 | |||||||
205,000 | United Technologies Corp. | |||||||
3.125%, 05/04/2027 |
190,817 | |||||||
|
|
|||||||
540,596 | ||||||||
|
|
|||||||
Air Freight & Logistics—0.22% | ||||||||
FedEx Corp. | ||||||||
50,000 | 4.100%, 02/01/2045 |
45,232 | ||||||
15,000 | 4.550%, 04/01/2046 |
14,612 | ||||||
105,000 | 4.400%, 01/15/2047 |
99,811 | ||||||
150,000 | 4.050%, 02/15/2048 |
135,294 | ||||||
|
|
|||||||
294,949 | ||||||||
|
|
|||||||
Airlines—0.14% | ||||||||
Delta Air Lines, Inc. | ||||||||
90,000 | 3.625%, 03/15/2022 |
89,061 | ||||||
100,000 | 3.800%, 04/19/2023 |
98,927 | ||||||
|
|
|||||||
187,988 | ||||||||
|
|
|||||||
Automobiles—0.30% | ||||||||
70,000 | Ford Motor Co. | |||||||
5.291%, 12/08/2046 (f) |
65,100 | |||||||
General Motors Co. | ||||||||
15,000 | 6.250%, 10/02/2043 |
15,595 | ||||||
175,000 | 6.750%, 04/01/2046 |
194,508 | ||||||
130,000 | 5.400%, 04/01/2048 |
123,950 | ||||||
|
|
|||||||
399,153 | ||||||||
|
|
|||||||
Banks—6.59% | ||||||||
200,000 | Banco Santander SA | |||||||
3.800%, 02/23/2028 |
183,037 | |||||||
Bank of America Corp. | ||||||||
345,000 | 2.250%, 04/21/2020 |
340,356 | ||||||
100,000 | 2.369% (3 Month LIBOR USD + 0.660%), 07/21/2021 (b) |
98,058 | ||||||
35,000 | 2.503%, 10/21/2022 |
33,545 | ||||||
370,000 | 3.124% (3 Month LIBOR USD + 1.160%), 01/20/2023 (b) |
364,070 | ||||||
190,000 | 4.100%, 07/24/2023 |
193,263 | ||||||
45,000 | 4.000%, 01/22/2025 |
44,460 | ||||||
330,000 | 3.366% (3 Month LIBOR USD + 0.810%), 01/23/2026 (b) |
317,775 | ||||||
85,000 | 4.183%, 11/25/2027 |
82,940 | ||||||
85,000 | 3.705% (3 Month LIBOR USD + 1.512%), 04/24/2028 (b) |
82,068 | ||||||
100,000 | 6.110%, 01/29/2037 |
115,203 | ||||||
200,000 | 5.000%, 01/21/2044 |
212,305 | ||||||
200,000 | Barclays Bank Plc | |||||||
2.650%, 01/11/2021 (f) |
195,592 | |||||||
270,000 | BNP Paribas SA | |||||||
3.375%, 01/09/2025 (c) |
255,432 | |||||||
250,000 | BPCE SA | |||||||
2.750%, 01/11/2023 (c) |
239,034 | |||||||
Citigroup, Inc. | ||||||||
240,000 | 2.700%, 10/27/2022 |
230,710 | ||||||
55,000 | 3.421% (3 Month LIBOR USD + 1.100%), 05/17/2024 (a) |
55,312 | ||||||
360,000 | 3.700%, 01/12/2026 |
349,496 | ||||||
235,000 | 4.300%, 11/20/2026 |
229,710 | ||||||
75,000 | 4.450%, 09/29/2027 |
73,855 | ||||||
245,000 | 3.887% (3 Month LIBOR USD + 1.563%), 01/10/2028 (b) |
237,546 | ||||||
35,000 | 3.520% (3 Month LIBOR USD + 1.151%), 10/27/2028 (b) |
32,948 | ||||||
250,000 | Credit Agricole SA | |||||||
4.000% (5 Year Swap Rate USD + 1.644%), 01/10/2033 (b)(c) |
228,643 | |||||||
280,000 | European Investment Bank | |||||||
2.375%, 06/15/2022 |
274,712 | |||||||
120,000 | Fifth Third Bancorp | |||||||
2.875%, 07/27/2020 |
119,384 | |||||||
570,000 | HSBC Holdings Plc | |||||||
3.262% (3 Month LIBOR USD + 1.055%), 03/13/2023 (b) |
558,616 | |||||||
200,000 | Intesa Sanpaolo SpA | |||||||
3.875%, 01/12/2028 (c) |
171,773 | |||||||
JPMorgan Chase & Co. | ||||||||
80,000 | 3.589% (3 Month LIBOR USD + 1.230%), 10/24/2023 (a) |
81,499 | ||||||
225,000 | 3.220% (3 Month LIBOR USD + 1.155%), 03/01/2025 (b) |
217,230 | ||||||
170,000 | 3.300%, 04/01/2026 (f) |
162,820 | ||||||
90,000 | 2.950%, 10/01/2026 |
83,691 | ||||||
300,000 | 3.782% (3 Month LIBOR USD + 1.337%), 02/01/2028 (b) |
293,014 | ||||||
205,000 | 3.509% (3 Month LIBOR USD + 0.945%), 01/23/2029 (b) |
194,461 | ||||||
Royal Bank of Canada | ||||||||
185,000 | 2.125%, 03/02/2020 |
182,241 | ||||||
120,000 | 2.150%, 10/26/2020 |
117,280 | ||||||
235,000 | Santander Holdings USA, Inc. | |||||||
3.700%, 03/28/2022 |
231,742 | |||||||
385,000 | The Bank of Nova Scotia | |||||||
2.125%, 09/11/2019 |
382,068 | |||||||
200,000 | UBS AG | |||||||
2.450%, 12/01/2020 (c) |
195,753 |
Wells Fargo & Co. | ||||||||
120,000 | 2.550%, 12/07/2020 |
118,146 | ||||||
150,000 | 2.625%, 07/22/2022 |
144,560 | ||||||
120,000 | 3.000%, 04/22/2026 |
111,360 | ||||||
135,000 | 3.000%, 10/23/2026 (f) |
124,785 | ||||||
390,000 | 3.584% (3 Month LIBOR USD + 1.310%), 05/22/2028 (b)(f) |
374,089 | ||||||
1,000 | 5.606%, 01/15/2044 |
1,078 | ||||||
105,000 | 4.400%, 06/14/2046 |
96,351 | ||||||
45,000 | 4.750%, 12/07/2046 |
43,646 | ||||||
250,000 | Wells Fargo Bank NA | |||||||
2.600%, 01/15/2021 |
246,106 | |||||||
|
|
|||||||
8,721,763 | ||||||||
|
|
|||||||
Beverages—0.58% | ||||||||
Anheuser-Busch InBev Worldwide, Inc. | ||||||||
70,000 | 3.500%, 01/12/2024 |
69,654 | ||||||
65,000 | 8.200%, 01/15/2039 |
93,197 | ||||||
100,000 | 4.600%, 04/15/2048 |
98,921 | ||||||
155,000 | 4.750%, 04/15/2058 |
152,067 | ||||||
Constellation Brands, Inc. | ||||||||
115,000 | 2.700%, 05/09/2022 |
111,253 | ||||||
80,000 | 2.650%, 11/07/2022 |
76,750 | ||||||
175,000 | 3.600%, 02/15/2028 |
165,747 | ||||||
5,000 | 4.500%, 05/09/2047 |
4,777 | ||||||
|
|
|||||||
772,366 | ||||||||
|
|
|||||||
Biotechnology—0.37% | ||||||||
Amgen, Inc. | ||||||||
45,000 | 2.650%, 05/11/2022 |
43,618 | ||||||
125,000 | 4.400%, 05/01/2045 |
119,593 | ||||||
Gilead Sciences, Inc. | ||||||||
80,000 | 2.500%, 09/01/2023 |
76,318 | ||||||
260,000 | 4.150%, 03/01/2047 |
249,140 | ||||||
|
|
|||||||
488,669 | ||||||||
|
|
|||||||
Capital Markets—2.65% | ||||||||
Morgan Stanley | ||||||||
75,000 | 2.625%, 11/17/2021 |
72,845 | ||||||
35,000 | 2.750%, 05/19/2022 |
33,925 | ||||||
195,000 | 3.737% (3 Month LIBOR USD + 0.847%), 04/24/2024 (b) |
194,041 | ||||||
230,000 | 3.700%, 10/23/2024 |
227,256 | ||||||
190,000 | 3.125%, 07/27/2026 |
176,929 | ||||||
40,000 | 4.350%, 09/08/2026 |
39,521 | ||||||
50,000 | 3.950%, 04/23/2027 |
47,752 | ||||||
580,000 | 3.591% (3 Month LIBOR USD + 1.340%), 07/22/2028 (b) |
551,889 | ||||||
15,000 | 3.971% (3 Month LIBOR USD + 1.455%), 07/22/2038 (b) |
13,944 | ||||||
155,000 | The Bank of New York Mellon Corp. | |||||||
2.661% (3 Month LIBOR USD + 0.634%), 05/16/2023 (b) |
150,496 | |||||||
The Goldman Sachs Group, Inc. | ||||||||
212,000 | 2.750%, 09/15/2020 |
209,583 | ||||||
35,000 | 2.875%, 02/25/2021 |
34,567 | ||||||
50,000 | 2.350%, 11/15/2021 (f) |
48,123 | ||||||
275,000 | 2.876% (3 Month LIBOR USD + 0.821%), 10/31/2022 (b) |
268,587 | ||||||
390,000 | 2.908% (3 Month LIBOR USD + 1.053%), 06/05/2023 (b) |
376,723 | ||||||
55,000 | 2.905% (3 Month LIBOR USD + 0.990%), 07/24/2023 (b) |
53,024 | ||||||
155,000 | 4.000%, 03/03/2024 |
155,225 | ||||||
140,000 | 3.500%, 01/23/2025 |
135,313 | ||||||
150,000 | 3.272% (3 Month LIBOR USD + 1.201%), 09/29/2025 (b) |
142,547 | ||||||
255,000 | 3.691% (3 Month LIBOR USD + 1.510%), 06/05/2028 (b)(f) |
242,007 | ||||||
15,000 | 4.223% (3 Month LIBOR USD + 1.301%), 05/01/2029 (b)(f) |
14,803 | ||||||
140,000 | 6.750%, 10/01/2037 |
166,444 | ||||||
90,000 | 4.017% (3 Month LIBOR USD + 1.373%), 10/31/2038 (b)(f) |
82,163 | ||||||
40,000 | 6.250%, 02/01/2041 |
46,792 | ||||||
5,000 | 4.750%, 10/21/2045 |
4,960 | ||||||
25,000 | Willis North America, Inc. | |||||||
3.600%, 05/15/2024 |
24,191 | |||||||
|
|
|||||||
3,513,650 | ||||||||
|
|
|||||||
Chemicals—0.31% | ||||||||
25,000 | Methanex Corp. | |||||||
5.650%, 12/01/2044 |
24,372 | |||||||
200,000 | Syngenta Finance NV | |||||||
4.441%, 04/24/2023 (c) |
199,094 | |||||||
The Sherwin-Williams Co. | ||||||||
45,000 | 3.125%, 06/01/2024 |
43,038 | ||||||
150,000 | 3.450%, 06/01/2027 |
141,983 | ||||||
|
|
|||||||
408,487 | ||||||||
|
|
|||||||
Commercial Services & Supplies—0.09% | ||||||||
90,000 | ERAC USA Finance LLC | |||||||
7.000%, 10/15/2037 (c) |
112,797 | |||||||
|
|
|||||||
Communications Equipment—0.06% | ||||||||
75,000 | Qualcomm, Inc. | |||||||
3.000%, 05/20/2022 |
73,910 | |||||||
|
|
|||||||
Consumer Finance—0.11% | ||||||||
John Deere Capital Corp. | ||||||||
125,000 | 1.950%, 06/22/2020 |
122,332 | ||||||
25,000 | 3.450%, 06/07/2023 |
25,043 | ||||||
|
|
|||||||
147,375 | ||||||||
|
|
|||||||
Diversified Financial Services—1.27% | ||||||||
Anheuser-Busch InBev Finance, Inc. | ||||||||
385,000 | 3.650%, 02/01/2026 |
377,264 | ||||||
20,000 | 4.900%, 02/01/2046 |
20,645 | ||||||
BAT Capital Corp. | ||||||||
680,000 | 2.297%, 08/14/2020 (c) |
664,853 | ||||||
50,000 | 4.390%, 08/15/2037 (c) |
47,055 | ||||||
40,000 | BAT International Finance Plc | |||||||
2.750%, 06/15/2020 (c) |
39,582 | |||||||
50,000 | Berkshire Hathaway Energy Co. | |||||||
3.250%, 04/15/2028 |
47,611 | |||||||
75,000 | Caterpillar Financial Services Corp. | |||||||
1.850%, 09/04/2020 |
73,059 | |||||||
200,000 | GlaxoSmithKline Capital Plc | |||||||
3.125%, 05/14/2021 |
200,417 | |||||||
160,000 | GlaxoSmithKline Capital, Inc. | |||||||
3.625%, 05/15/2025 |
159,869 | |||||||
45,000 | Shell International Finance BV | |||||||
4.375%, 05/11/2045 |
46,230 | |||||||
|
|
|||||||
1,676,585 | ||||||||
|
|
|||||||
Diversified Telecommunication Services—1.32% | ||||||||
AT&T, Inc. | ||||||||
55,000 | 4.250%, 03/01/2027 (c) | 53,926 | ||||||
190,000 | 4.100%, 02/15/2028 (c) |
181,914 | ||||||
235,000 | 4.500%, 05/15/2035 |
217,987 | ||||||
125,000 | 6.350%, 03/15/2040 |
135,888 | ||||||
165,000 | 4.750%, 05/15/2046 |
147,930 | ||||||
Verizon Communications, Inc. | ||||||||
355,000 | 4.125%, 03/16/2027 (f) |
351,959 | ||||||
140,000 | 4.500%, 08/10/2033 |
135,940 | ||||||
60,000 | 5.250%, 03/16/2037 (f) |
61,804 | ||||||
20,000 | 4.812%, 03/15/2039 |
19,401 | ||||||
260,000 | 4.862%, 08/21/2046 |
249,379 | ||||||
105,000 | 4.522%, 09/15/2048 |
96,107 | ||||||
90,000 | 5.012%, 08/21/2054 |
85,046 | ||||||
5,000 | 4.672%, 03/15/2055 |
4,459 | ||||||
|
|
|||||||
1,741,740 | ||||||||
|
|
|||||||
Electric Utilities—1.63% | ||||||||
65,000 | Alabama Power Co. | |||||||
2.450%, 03/30/2022 |
63,241 | |||||||
45,000 | Duke Energy Carolinas LLC | |||||||
2.500%, 03/15/2023 |
43,449 | |||||||
60,000 | Duke Energy Florida LLC | |||||||
3.400%, 10/01/2046 |
52,847 | |||||||
60,000 | Duke Energy Indiana, Inc. | |||||||
4.900%, 07/15/2043 |
67,260 | |||||||
235,000 | Duke Energy Progress LLC | |||||||
4.150%, 12/01/2044 |
232,472 | |||||||
5,000 | Emera US Finance LP | |||||||
4.750%, 06/15/2046 |
4,932 | |||||||
185,000 | Exelon Corp. | |||||||
2.450%, 04/15/2021 |
179,911 | |||||||
20,000 | Fortis, Inc. | |||||||
2.100%, 10/04/2021 |
19,100 |
Georgia Power Co. | ||||||||
187,000 | 2.000%, 09/08/2020 |
182,727 | ||||||
85,000 | 2.400%, 04/01/2021 |
82,983 | ||||||
20,000 | Oncor Electric Delivery Co. LLC | |||||||
7.000%, 09/01/2022 |
22,796 | |||||||
Pacific Gas & Electric Co. | ||||||||
15,000 | 2.950%, 03/01/2026 |
13,403 | ||||||
100,000 | 3.300%, 12/01/2027 |
89,972 | ||||||
155,000 | 6.050%, 03/01/2034 |
167,811 | ||||||
180,000 | 4.750%, 02/15/2044 |
171,238 | ||||||
110,000 | Sierra Pacific Power Co. | |||||||
2.600%, 05/01/2026 |
101,724 | |||||||
31,000 | South Carolina Electric & Gas Co. | |||||||
5.100%, 06/01/2065 |
31,382 | |||||||
Southern California Edison Co. | ||||||||
250,000 | 2.900%, 03/01/2021 |
248,489 | ||||||
10,000 | 4.125%, 03/01/2048 |
9,485 | ||||||
The Southern Co. | ||||||||
30,000 | 1.850%, 07/01/2019 |
29,709 | ||||||
155,000 | 2.150%, 09/01/2019 |
153,691 | ||||||
20,000 | 2.950%, 07/01/2023 |
19,314 | ||||||
160,000 | 3.250%, 07/01/2026 |
150,448 | ||||||
25,000 | 4.400%, 07/01/2046 |
24,503 | ||||||
|
|
|||||||
2,162,887 | ||||||||
|
|
|||||||
Engineering & Construction—0.14% | ||||||||
200,000 | Mexico City Airport Trust | |||||||
3.875%, 04/30/2028 (c) |
182,560 | |||||||
|
|
|||||||
Food & Staples Retailing—1.28% | ||||||||
CVS Health Corp. | ||||||||
285,000 | 3.125%, 03/09/2020 |
284,748 | ||||||
553,000 | 2.800%, 07/20/2020 |
548,048 | ||||||
220,000 | 2.125%, 06/01/2021 |
211,632 | ||||||
205,000 | 4.100%, 03/25/2025 |
204,211 | ||||||
59,000 | 3.875%, 07/20/2025 |
57,254 | ||||||
55,000 | 5.125%, 07/20/2045 (f) |
55,933 | ||||||
325,000 | Walmart, Inc. | |||||||
3.400%, 06/26/2023 |
327,639 | |||||||
|
|
|||||||
1,689,465 | ||||||||
|
|
|||||||
Food Products—0.23% | ||||||||
Kraft Heinz Foods Co. | ||||||||
55,000 | 2.000%, 07/02/2018 |
54,890 | ||||||
40,000 | 2.800%, 07/02/2020 |
39,733 | ||||||
185,000 | 5.000%, 07/15/2035 |
182,762 | ||||||
35,000 | 4.375%, 06/01/2046 |
30,393 | ||||||
|
|
|||||||
307,778 | ||||||||
|
|
|||||||
Gas Utilities—0.01% | ||||||||
10,000 | Southern Co. Gas Capital Corp. | |||||||
2.450%, 10/01/2023 |
9,415 | |||||||
|
|
|||||||
Health Care Equipment & Supplies—0.93% | ||||||||
75,000 | Abbott Laboratories | |||||||
2.800%, 09/15/2020 |
74,472 | |||||||
Becton Dickinson and Co. | ||||||||
205,000 | 3.125%, 11/08/2021 |
202,185 | ||||||
195,000 | 3.700%, 06/06/2027 |
184,933 | ||||||
180,000 | Boston Scientific Corp. | |||||||
4.000%, 03/01/2028 |
176,338 | |||||||
295,000 | Dignity Health | |||||||
2.637%, 11/01/2019 |
294,494 | |||||||
Medtronic, Inc. | ||||||||
46,000 | 4.375%, 03/15/2035 |
47,658 | ||||||
65,000 | 4.625%, 03/15/2045 |
69,064 | ||||||
Shire Acquisitions Investments Ireland Designated Activity Co. | ||||||||
70,000 | 2.400%, 09/23/2021 |
67,067 | ||||||
125,000 | 2.875%, 09/23/2023 |
117,740 | ||||||
|
|
|||||||
1,233,951 | ||||||||
|
|
|||||||
Health Care Providers & Services—0.90% | ||||||||
150,000 | Anthem, Inc. | |||||||
2.500%, 11/21/2020 |
147,539 | |||||||
Cardinal Health, Inc. | ||||||||
10,000 | 2.616%, 06/15/2022 |
9,595 | ||||||
215,000 | 3.200%, 03/15/2023 |
208,562 | ||||||
95,000 | Catholic Health Initiatives | |||||||
2.600%, 08/01/2018 |
95,078 | |||||||
Cigna Corp. | ||||||||
30,000 | 3.050%, 10/15/2027 |
27,112 | ||||||
25,000 | 3.875%, 10/15/2047 |
21,354 | ||||||
CVS Health Corp. | ||||||||
165,000 | 2.875%, 06/01/2026 |
150,454 | ||||||
125,000 | 5.050%, 03/25/2048 |
127,701 | ||||||
60,000 | Humana, Inc. | |||||||
2.500%, 12/15/2020 |
58,926 | |||||||
UnitedHealth Group, Inc. | ||||||||
55,000 | 1.700%, 02/15/2019 |
54,644 | ||||||
70,000 | 3.350%, 07/15/2022 |
70,139 | ||||||
20,000 | 3.500%, 06/15/2023 |
20,037 | ||||||
135,000 | 3.950%, 10/15/2042 |
128,233 | ||||||
40,000 | 4.750%, 07/15/2045 |
42,836 | ||||||
10,000 | 4.250%, 04/15/2047 |
9,980 | ||||||
15,000 | 3.750%, 10/15/2047 |
13,846 | ||||||
10,000 | 4.250%, 06/15/2048 (f) |
10,053 | ||||||
|
|
|||||||
1,196,089 | ||||||||
|
|
|||||||
Hotels, Restaurants & Leisure—0.11% | ||||||||
McDonald’s Corp. | ||||||||
115,000 | 3.350%, 04/01/2023 |
114,763 | ||||||
20,000 | 4.600%, 05/26/2045 |
20,240 | ||||||
15,000 | 4.875%, 12/09/2045 |
15,808 | ||||||
|
|
|||||||
150,811 | ||||||||
|
|
|||||||
Insurance—0.95% | ||||||||
American International Group, Inc. | ||||||||
204,000 | 3.375%, 08/15/2020 |
204,466 | ||||||
105,000 | 4.125%, 02/15/2024 |
105,615 | ||||||
595,000 | Assurant, Inc. | |||||||
3.589% (3 Month LIBOR USD + 1.250%), 03/26/2021 (a) |
596,560 | |||||||
45,000 | CNA Financial Corp. | |||||||
3.450%, 08/15/2027 |
41,928 | |||||||
70,000 | Marsh & McLennan Cos., Inc. | |||||||
4.050%, 10/15/2023 |
70,947 | |||||||
13,000 | Massachusetts Mutual Life Insurance Co. | |||||||
8.875%, 06/01/2039 (c) |
20,385 | |||||||
New York Life Global Funding | ||||||||
130,000 | 1.950%, 02/11/2020 (c) |
127,621 | ||||||
40,000 | 2.000%, 04/13/2021 (c) |
38,659 | ||||||
55,000 | Trinity Acquisition Plc | |||||||
4.400%, 03/15/2026 |
54,549 | |||||||
|
|
|||||||
1,260,730 | ||||||||
|
|
|||||||
Internet & Direct Marketing Retail—0.19% | ||||||||
Amazon.com, Inc. | ||||||||
15,000 | 2.800%, 08/22/2024 |
14,473 | ||||||
180,000 | 3.875%, 08/22/2037 |
176,288 | ||||||
60,000 | 4.950%, 12/05/2044 |
66,834 | ||||||
|
|
|||||||
257,595 | ||||||||
|
|
|||||||
Internet Software & Services—0.28% | ||||||||
Alibaba Group Holding Ltd. | ||||||||
200,000 | 3.400%, 12/06/2027 |
186,569 | ||||||
200,000 | 4.200%, 12/06/2047 |
182,507 | ||||||
|
|
|||||||
369,076 | ||||||||
|
|
|||||||
IT Services—0.33% | ||||||||
70,000 | Fidelity National Information Services, Inc. | |||||||
4.250%, 05/15/2028 |
69,852 | |||||||
Visa, Inc. | ||||||||
165,000 | 2.800%, 12/14/2022 |
162,068 | ||||||
160,000 | 3.150%, 12/14/2025 |
154,933 | ||||||
45,000 | 4.300%, 12/14/2045 |
46,872 | ||||||
|
|
|||||||
433,725 | ||||||||
|
|
|||||||
Life Sciences Tools & Services—0.12% | ||||||||
Thermo Fisher Scientific, Inc. | ||||||||
160,000 | 3.000%, 04/15/2023 |
155,739 | ||||||
10,000 | 2.950%, 09/19/2026 |
9,255 | ||||||
|
|
|||||||
164,994 | ||||||||
|
|
Machinery—0.03% | ||||||||
35,000 | Fortive Corp. |
|||||||
2.350%, 06/15/2021 |
33,945 | |||||||
|
|
|||||||
Media—2.17% | ||||||||
175,000 | 21st Century Fox America, Inc. | |||||||
4.500%, 02/15/2021 |
179,864 | |||||||
Charter Communications Operating LLC / Charter Communications Operating Capital | ||||||||
15,000 | 3.579%, 07/23/2020 |
14,988 | ||||||
115,000 | 4.464%, 07/23/2022 |
116,516 | ||||||
5,000 | 4.908%, 07/23/2025 |
5,057 | ||||||
230,000 | 3.750%, 02/15/2028 |
208,712 | ||||||
130,000 | 6.484%, 10/23/2045 |
137,471 | ||||||
150,000 | 5.375%, 05/01/2047 |
136,689 | ||||||
110,000 | 5.750%, 04/01/2048 |
106,865 | ||||||
Comcast Corp. | ||||||||
165,000 | 3.375%, 08/15/2025 |
158,422 | ||||||
240,000 | 3.150%, 03/01/2026 |
225,595 | ||||||
35,000 | 2.350%, 01/15/2027 |
30,689 | ||||||
35,000 | 3.200%, 07/15/2036 |
29,175 | ||||||
50,000 | 3.400%, 07/15/2046 (f) |
40,648 | ||||||
40,000 | 4.049%, 11/01/2052 |
34,980 | ||||||
Cox Communications, Inc. | ||||||||
375,000 | 3.250%, 12/15/2022 (c) |
364,632 | ||||||
80,000 | 3.150%, 08/15/2024 (c) |
75,893 | ||||||
5,000 | 3.350%, 09/15/2026 (c) |
4,631 | ||||||
Discovery Communications, LLC | ||||||||
101,000 | 2.800%, 06/15/2020 (c) |
99,828 | ||||||
45,000 | 3.800%, 03/13/2024 |
44,344 | ||||||
28,000 | 3.950%, 06/15/2025 (c) |
27,336 | ||||||
125,000 | 4.900%, 03/11/2026 (f) |
128,406 | ||||||
Time Warner Cable, Inc. | ||||||||
30,000 | 5.500%, 09/01/2041 |
27,999 | ||||||
50,000 | 4.500%, 09/15/2042 |
41,222 | ||||||
Viacom, Inc. | ||||||||
250,000 | 4.250%, 09/01/2023 (f) |
248,858 | ||||||
25,000 | 4.375%, 03/15/2043 |
21,050 | ||||||
Warner Media LLC | ||||||||
145,000 | 4.875%, 03/15/2020 |
148,931 | ||||||
60,000 | 2.950%, 07/15/2026 |
54,032 | ||||||
170,000 | 3.800%, 02/15/2027 |
160,834 | ||||||
|
|
|||||||
2,873,667 | ||||||||
|
|
|||||||
Metals & Mining—0.14% |
||||||||
Vale Overseas Ltd. | ||||||||
65,000 | 6.250%, 08/10/2026 |
70,557 | ||||||
100,000 | 6.875%, 11/10/2039 |
113,750 | ||||||
|
|
|||||||
184,307 | ||||||||
|
|
|||||||
Multi-Utilities—0.54% |
||||||||
175,000 | CenterPoint Energy, Inc. | |||||||
2.500%, 09/01/2022 |
168,084 | |||||||
Dominion Energy, Inc. | ||||||||
160,000 | 2.579%, 07/01/2020 (b) |
157,729 | ||||||
240,000 | 2.850%, 08/15/2026 |
217,713 | ||||||
40,000 | DTE Energy Co. | |||||||
1.500%, 10/01/2019 |
39,234 | |||||||
130,000 | Sempra Energy | |||||||
2.400%, 02/01/2020 |
128,478 | |||||||
|
|
|||||||
711,238 | ||||||||
|
|
|||||||
Oil, Gas & Consumable Fuels—2.11% | ||||||||
Anadarko Petroleum Corp. | ||||||||
50,000 | 8.700%, 03/15/2019 |
51,953 | ||||||
15,000 | 6.950%, 06/15/2019 |
15,525 | ||||||
210,000 | 3.450%, 07/15/2024 |
202,059 | ||||||
45,000 | 4.500%, 07/15/2044 |
42,061 | ||||||
10,000 | 6.600%, 03/15/2046 |
12,060 | ||||||
Andeavor Logistics LP | ||||||||
120,000 | 4.250%, 12/01/2027 |
115,167 | ||||||
60,000 | 3.800%, 04/01/2028 |
56,782 | ||||||
Canadian Natural Resources Ltd. | ||||||||
80,000 | 3.800%, 04/15/2024 |
79,392 | ||||||
170,000 | 3.900%, 02/01/2025 |
167,816 | ||||||
25,000 | 3.850%, 06/01/2027 (f) |
24,437 | ||||||
15,000 | 6.500%, 02/15/2037 |
17,859 | ||||||
45,000 | Enbridge, Inc. |
|||||||
3.700%, 07/15/2027 |
42,723 | |||||||
280,000 | Encana Corp. | |||||||
3.900%, 11/15/2021 |
282,453 | |||||||
Energy Transfer Partners LP | ||||||||
60,000 | 4.200%, 09/15/2023 |
60,040 | ||||||
105,000 | 5.300%, 04/15/2047 |
96,598 | ||||||
Hess Corp. | ||||||||
30,000 | 5.600%, 02/15/2041 |
30,238 | ||||||
75,000 | 5.800%, 04/01/2047 |
77,773 | ||||||
130,000 | Kinder Morgan, Inc. | |||||||
5.550%, 06/01/2045 |
131,316 | |||||||
135,000 | Marathon Oil Corp. | |||||||
3.850%, 06/01/2025 |
133,008 | |||||||
MPLX LP | ||||||||
50,000 | 4.125%, 03/01/2027 |
47,781 | ||||||
50,000 | 4.000%, 03/15/2028 |
47,648 | ||||||
100,000 | 5.200%, 03/01/2047 |
99,730 | ||||||
30,000 | 4.700%, 04/15/2048 |
27,924 | ||||||
Petroleos Mexicanos | ||||||||
15,000 | 6.375%, 02/04/2021 |
15,825 | ||||||
152,000 | 6.750%, 09/21/2047 |
143,701 | ||||||
56,000 | 6.350%, 02/12/2048 (c) |
50,820 | ||||||
Phillips 66 Partners LP | ||||||||
10,000 | 3.750%, 03/01/2028 |
9,364 | ||||||
170,000 | 3.900%, 03/15/2028 |
166,248 | ||||||
95,000 | Principal Life Global Funding II | |||||||
2.200%, 04/08/2020 (c) |
93,526 | |||||||
50,000 | Sabine Pass Liquefaction LLC | |||||||
4.200%, 03/15/2028 |
48,501 | |||||||
Sunoco Logistics Partners Operations LP | ||||||||
5,000 | 5.300%, 04/01/2044 |
4,547 | ||||||
5,000 | 5.350%, 05/15/2045 |
4,567 | ||||||
40,000 | Texas Eastern Transmission LP | |||||||
3.500%, 01/15/2028 (c) |
37,739 | |||||||
50,000 | TransCanada PipeLines, Ltd. | |||||||
4.750%, 05/15/2038 |
50,141 | |||||||
40,000 | Transcontinental Gas Pipe Line Co. LLC | |||||||
4.000%, 03/15/2028 (c) |
38,952 | |||||||
115,000 | Valero Energy Corp. | |||||||
3.400%, 09/15/2026 |
109,078 | |||||||
160,000 | Valero Energy Partners LP | |||||||
4.500%, 03/15/2028 |
157,610 | |||||||
|
|
|||||||
2,792,962 | ||||||||
|
|
|||||||
Pharmaceuticals—0.57% | ||||||||
135,000 | Allergan Funding SCS | |||||||
3.450%, 03/15/2022 |
132,953 | |||||||
230,000 | Bayer US Finance II LLC | |||||||
4.250%, 12/15/2025 (c) |
231,590 | |||||||
Johnson & Johnson | ||||||||
155,000 | 2.625%, 01/15/2025 (f) |
148,574 | ||||||
75,000 | 3.550%, 03/01/2036 |
72,244 | ||||||
55,000 | 3.625%, 03/03/2037 |
53,854 | ||||||
Mylan NV | ||||||||
60,000 | 3.750%, 12/15/2020 |
60,409 | ||||||
5,000 | 3.150%, 06/15/2021 |
4,948 | ||||||
45,000 | 5.200%, 04/15/2048 (c) |
43,430 | ||||||
|
|
|||||||
748,002 | ||||||||
|
|
|||||||
Real Estate Management & Development—0.03% |
||||||||
American Tower Corp. | ||||||||
25,000 | 3.450%, 09/15/2021 |
24,915 | ||||||
15,000 | 2.250%, 01/15/2022 |
14,353 | ||||||
|
|
|||||||
39,268 | ||||||||
|
|
Road & Rail—0.22% | ||||||||
110,000 | CSX Corp. | |||||||
3.250%, 06/01/2027 |
103,565 | |||||||
Union Pacific Corp. | ||||||||
50,000 | 4.375%, 09/10/2038 |
50,725 | ||||||
160,000 | 4.100%, 09/15/2067 |
141,064 | ||||||
|
|
|||||||
295,354 | ||||||||
|
|
|||||||
Semiconductors & Semiconductor Equipment—0.83% | ||||||||
10,000 | Applied Materials, Inc. | |||||||
4.350%, 04/01/2047 |
10,021 | |||||||
Broadcom Corp / Broadcom Cayman Finance Ltd. | ||||||||
250,000 | 2.375%, 01/15/2020 |
246,834 | ||||||
250,000 | 3.625%, 01/15/2024 |
242,302 | ||||||
75,000 | 3.125%, 01/15/2025 |
69,676 | ||||||
Intel Corp. | ||||||||
30,000 | 1.700%, 05/19/2021 |
28,980 | ||||||
185,000 | 3.300%, 10/01/2021 |
186,874 | ||||||
170,000 | 2.350%, 05/11/2022 |
165,370 | ||||||
5,000 | 4.100%, 05/19/2046 |
5,037 | ||||||
14,000 | 3.734%, 12/08/2047 |
13,224 | ||||||
135,000 | Microchip Technology, Inc. | |||||||
4.333%, 06/01/2023 (c) |
135,376 | |||||||
|
|
|||||||
1,103,694 | ||||||||
|
|
|||||||
Software—0.65% | ||||||||
Microsoft Corp. | ||||||||
50,000 | 2.375%, 02/12/2022 |
48,913 | ||||||
155,000 | 4.450%, 11/03/2045 |
167,277 | ||||||
90,000 | 3.700%, 08/08/2046 (f) |
87,750 | ||||||
Oracle Corp. | ||||||||
155,000 | 4.300%, 07/08/2034 |
158,270 | ||||||
25,000 | 3.900%, 05/15/2035 |
24,282 | ||||||
50,000 | 3.800%, 11/15/2037 |
47,391 | ||||||
salesforce.com, Inc. | ||||||||
85,000 | 3.250%, 04/11/2023 |
84,557 | ||||||
55,000 | 3.700%, 04/11/2028 |
54,673 | ||||||
200,000 | Tencent Holdings Ltd. | |||||||
3.595%, 01/19/2028 (c) |
189,430 | |||||||
|
|
|||||||
862,543 | ||||||||
|
|
|||||||
Specialty Retail—0.18% | ||||||||
Home Depot, Inc. | ||||||||
140,000 | 3.350%, 09/15/2025 |
137,933 | ||||||
65,000 | 5.875%, 12/16/2036 |
79,028 | ||||||
5,000 | 3.500%, 09/15/2056 |
4,308 | ||||||
25,000 | Lowe’s Cos., Inc. | |||||||
3.700%, 04/15/2046 |
22,345 | |||||||
|
|
|||||||
243,614 | ||||||||
|
|
|||||||
Technology Hardware, Storage & Peripherals—0.27% | ||||||||
Apple, Inc. | ||||||||
185,000 | 2.400%, 05/03/2023 |
178,354 | ||||||
5,000 | 3.000%, 02/09/2024 |
4,901 | ||||||
20,000 | 3.350%, 02/09/2027 |
19,552 | ||||||
85,000 | 3.450%, 02/09/2045 |
76,157 | ||||||
Hewlett Packard Enterprise Co. | ||||||||
75,000 | 6.350%, 10/15/2045 |
74,329 | ||||||
|
|
|||||||
353,293 | ||||||||
|
|
|||||||
Tobacco—0.33% | ||||||||
Altria Group, Inc. | ||||||||
40,000 | 4.250%, 08/09/2042 |
37,400 | ||||||
165,000 | 3.875%, 09/16/2046 |
145,335 | ||||||
170,000 | Philip Morris International, Inc. | |||||||
2.625%, 03/06/2023 |
163,001 | |||||||
80,000 | Reynolds American, Inc. | |||||||
5.850%, 08/15/2045 |
87,642 | |||||||
|
|
|||||||
433,378 | ||||||||
|
|
|||||||
Wireless Telecommunication Services—0.69% | ||||||||
295,000 | Sprint Spectrum Co., LLC | |||||||
5.152%, 09/20/2029 (c) |
289,838 | |||||||
Telefonica Emisiones SAU | ||||||||
150,000 | 4.103%, 03/08/2027 |
145,324 | ||||||
205,000 | 4.895%, 03/06/2048 |
189,669 | ||||||
285,000 | Vodafone Group Plc | |||||||
4.375%, 05/30/2028 |
282,173 | |||||||
|
|
|||||||
907,004 | ||||||||
|
|
|||||||
Total Corporate Obligations (Cost $41,185,019) | 40,081,373 | |||||||
|
|
|||||||
FOREIGN GOVERNMENT DEBT OBLIGATIONS—0.96% | ||||||||
335,000 | Abu Dhabi Government International Bond | |||||||
3.125%, 10/11/2027 (c) |
312,488 | |||||||
100,000 | Hungary Government International Bond | |||||||
6.250%, 01/29/2020 |
104,742 | |||||||
400,000 | Japan Bank for International Cooperation | |||||||
2.125%, 07/21/2020 |
393,316 | |||||||
200,000 | Qatar Government International Bond | |||||||
5.103%, 04/23/2048 (c) |
199,846 | |||||||
255,000 | Saudi Government International Bond | |||||||
4.000%, 04/17/2025 (c) |
254,115 | |||||||
|
|
|||||||
Total Foreign Government Debt Obligations (Cost $1,287,434) | 1,264,507 | |||||||
|
|
|||||||
MORTGAGE BACKED SECURITIES—U.S. GOVERNMENT AGENCY—37.39% | ||||||||
Federal Home Loan Mortgage Corp. | ||||||||
68 | Pool #E9-9763 4.500%, 09/01/2018 |
68 | ||||||
39 | Pool #E9-9764 4.500%, 09/01/2018 |
39 | ||||||
495,432 | Series K705, 2.303%, 09/25/2018 (b) |
494,519 | ||||||
847,263 | Series K706, 2.323%, 10/25/2018 |
845,283 | ||||||
600,000 | Series K709, 2.086%, 03/25/2019 |
597,331 | ||||||
36,963 | Pool #D9-6291 4.500%, 09/01/2023 |
38,504 | ||||||
86,719 | Pool #G1-3624 5.000%, 08/01/2024 |
90,133 | ||||||
45,000 | Series 2017-K729, 3.801%, 11/25/2024 (b)(c) |
43,864 | ||||||
82,000 | Series K-068, 3.244%, 08/25/2027 |
80,871 | ||||||
75,000 | Series 2017-K71, 3.882%, 11/25/2027 (b)(c) |
72,468 | ||||||
174,189 | Series 2329, 6.500%, 06/15/2031 |
194,184 | ||||||
76,588 | Series 2338, 6.500%, 07/15/2031 |
88,769 | ||||||
121,395 | Pool #78-0447 4.087% (1 Year CMT Rate + 2.250%, 9.308% Cap, 0.000% Floor), 04/01/2033 (a) |
128,360 | ||||||
105 | Pool #A4-3129 5.500%, 02/01/2036 |
113 | ||||||
1,600,000 | 4.500%, 07/15/2040 |
1,665,072 | ||||||
700,000 | 4.500%, 08/15/2040 |
727,157 | ||||||
82,494 | Series 3883, 3.000%, 05/15/2041 |
81,844 | ||||||
400,000 | Pool #TBA 4.000%, 07/15/2041 (i) |
407,740 | ||||||
517,699 | Pool #U9-0688 4.000%, 05/01/2042 |
532,741 | ||||||
2,700,000 | Pool #TBA 3.500%, 07/15/2042 (i) |
2,686,038 | ||||||
739,929 | Pool #Q4-9389 3.500%, 07/01/2047 |
736,942 | ||||||
663,707 | Pool #Q5-2093 3.500%, 11/01/2047 |
660,875 | ||||||
Federal National Mortgage Association | ||||||||
37,545 | Series 2014-C01, 3.691% (1 Month LIBOR USD + 1.600%), 01/25/2024 (a) |
37,796 | ||||||
225,000 | Series 2018-C04, 2.852% (1 Month LIBOR USD + 0.750%, 0.750% Floor), 12/26/2030 (a) |
225,000 | ||||||
520,494 | Pool #AJ8325 3.000%, 12/01/2026 |
520,274 | ||||||
110,000 | Pool #AN6110 3.000%, 07/01/2027 |
106,155 | ||||||
150,000 | Pool #AN6257 3.160%, 08/01/2027 |
146,673 | ||||||
155,111 | Pool #AN7376 2.880%, 11/01/2027 |
148,127 | ||||||
870,000 | Pool #AN8322 3.190%, 02/01/2028 |
852,560 | ||||||
1,030,000 | Pool #AN8695 3.550%, 03/01/2028 |
1,038,288 | ||||||
3,734 | Pool #544859 2.691% (11th District Cost of Funds Index + 1.796%, 14.689% Cap, 0.000% Floor), 08/01/2029 (a) |
3,726 | ||||||
76,085 | Pool #BC4938 2.500%, 04/01/2031 |
74,128 | ||||||
124,883 | Pool #786848 7.000%, 10/01/2031 |
140,393 | ||||||
4,061 | Pool #727181 5.000%, 08/01/2033 |
4,357 | ||||||
1,934 | Pool #730727 5.000%, 08/01/2033 |
2,075 | ||||||
593 | Pool #741862 5.500%, 09/01/2033 |
646 | ||||||
696 | Pool #766197 5.500%, 02/01/2034 |
759 | ||||||
142 | Pool #776974 5.500%, 04/01/2034 |
155 | ||||||
123,992 | Pool #888504 3.942% (1 Year CMT Rate + 2.074%, 9.284% Cap, 0.000% Floor), 04/01/2034 (a) |
130,726 | ||||||
318,586 | Pool #MA1870 4.500%, 04/01/2034 |
333,514 | ||||||
6,396 | Pool #775776 5.500%, 05/01/2034 |
6,968 | ||||||
134,900 | Pool #802783 3.362% (12 Month LIBOR USD + 1.612%, 10.24% Cap, 0.000% Floor), 10/01/2034 (a) |
140,771 | ||||||
4,566 | Pool #781629 5.500%, 12/01/2034 |
4,972 | ||||||
6,372 | Pool #822815 5.500%, 04/01/2035 |
6,941 |
5,067 | Pool #357850 5.500%, 07/01/2035 |
5,532 | ||||||
3,066 | Pool #820242 5.000%, 07/01/2035 |
3,286 | ||||||
874 | Pool #838452 5.500%, 09/01/2035 |
953 | ||||||
4,928 | Pool #865854 6.000%, 03/01/2036 |
5,413 | ||||||
7,430 | Pool #891474 6.000%, 04/01/2036 |
8,200 | ||||||
6,682 | Pool #906000 6.000%, 01/01/2037 |
7,361 | ||||||
62 | Pool #928062 5.500%, 02/01/2037 |
68 | ||||||
99 | Pool #899119 5.500%, 04/01/2037 |
106 | ||||||
503,428 | Pool #AS9772 3.500%, 06/01/2037 |
509,191 | ||||||
184 | Pool #970131 5.500%, 03/01/2038 |
201 | ||||||
53 | Pool #981313 5.500%, 06/01/2038 |
57 | ||||||
117 | Pool #985108 5.500%, 07/01/2038 |
127 | ||||||
54 | Pool #964930 5.500%, 08/01/2038 |
57 | ||||||
82 | Pool #987032 5.500%, 08/01/2038 |
89 | ||||||
108 | Pool #968371 5.500%, 09/01/2038 |
117 | ||||||
39 | Pool #993050 5.500%, 12/01/2038 |
42 | ||||||
20,343 | Pool #993579 4.000%, 05/01/2039 |
20,900 | ||||||
3,990 | Pool #AA5840 4.000%, 06/01/2039 |
4,099 | ||||||
58,302 | Pool #AA8715 4.000%, 06/01/2039 |
59,955 | ||||||
208,820 | Pool #AD0586 4.500%, 12/01/2039 |
220,204 | ||||||
580,398 | Pool #AD4062 5.000%, 05/01/2040 |
622,731 | ||||||
494,027 | Pool #AD6929 5.000%, 06/01/2040 |
530,078 | ||||||
12,509 | Pool #AD9896 4.000%, 08/01/2040 |
12,853 | ||||||
14,879 | Pool #AB1500 4.000%, 09/01/2040 |
15,289 | ||||||
12,942 | Pool #AD9856 4.000%, 09/01/2040 |
13,298 | ||||||
9,377 | Pool #AE2559 4.000%, 09/01/2040 |
9,635 | ||||||
3,339 | Pool #AE2562 4.000%, 09/01/2040 |
3,430 | ||||||
4,189 | Pool #AE2566 4.000%, 09/01/2040 |
4,285 | ||||||
27,421 | Pool #AE4124 4.000%, 10/01/2040 |
28,175 | ||||||
15,574 | Pool #AE4888 4.000%, 10/01/2040 |
16,003 | ||||||
23,948 | Pool #AE3916 4.000%, 11/01/2040 |
24,607 | ||||||
3,127 | Pool #AE5147 4.000%, 11/01/2040 |
3,213 | ||||||
39,350 | Pool #AE8715 4.000%, 11/01/2040 |
40,434 | ||||||
4,633 | Pool #AH0006 4.000%, 12/01/2040 |
4,760 | ||||||
12,786 | Pool #AH0020 4.000%, 12/01/2040 |
13,138 | ||||||
23,033 | Pool #AH0599 4.000%, 12/01/2040 |
23,631 | ||||||
8,363 | Pool #AH0601 4.000%, 12/01/2040 |
8,593 | ||||||
16,557 | Pool #AH1263 4.000%, 01/01/2041 |
17,013 | ||||||
69,968 | Pool #AL5233 4.000%, 01/01/2041 |
71,877 | ||||||
5,604 | Pool #AH4659 4.000%, 02/01/2041 |
5,758 | ||||||
77,545 | Pool #AH5653 4.000%, 02/01/2041 |
79,680 | ||||||
107,611 | Pool #AL0934 5.000%, 02/01/2041 |
115,481 | ||||||
150,356 | Pool #AD1889 4.500%, 03/01/2041 |
158,259 | ||||||
9,305 | Pool #AH6150 4.000%, 03/01/2041 |
9,561 | ||||||
98,842 | Pool #AL0215 4.500%, 04/01/2041 |
104,039 | ||||||
79,891 | Pool #AL0187 5.000%, 05/01/2041 |
85,717 | ||||||
14,408 | Pool #AL0456 5.000%, 06/01/2041 |
15,463 | ||||||
10,200,000 | Pool #TBA 3.500%, 07/15/2041 (i) |
10,152,816 | ||||||
63,216 | Pool #AI8842 4.500%, 08/01/2041 |
66,405 | ||||||
36,627 | Pool #AL0815 4.000%, 09/01/2041 |
37,862 | ||||||
72,308 | Series 2012-21, 2.000%, 09/25/2041 |
68,268 | ||||||
12,901 | Pool #AJ1562 4.000%, 10/01/2041 |
13,336 | ||||||
13,150 | Pool #AJ1972 4.000%, 10/01/2041 |
13,594 | ||||||
644,305 | Pool #AJ2212 4.500%, 10/01/2041 |
676,614 | ||||||
18,475 | Pool #AJ4756 4.000%, 10/01/2041 |
19,098 | ||||||
15,903 | Pool #AJ3330 4.000%, 11/01/2041 |
16,439 | ||||||
15,724 | Pool #AJ4549 4.000%, 11/01/2041 |
16,254 | ||||||
12,909 | Pool #AJ4698 4.000%, 11/01/2041 |
13,345 | ||||||
25,160 | Pool #AJ5424 4.000%, 11/01/2041 |
26,008 | ||||||
9,999 | Pool #AJ7840 4.000%, 11/01/2041 |
10,336 | ||||||
16,152 | Pool #AB3995 4.000%, 12/01/2041 |
16,697 | ||||||
15,528 | Pool #AI0848 4.000%, 12/01/2041 |
16,051 | ||||||
13,524 | Pool #AJ4187 4.000%, 12/01/2041 |
13,980 | ||||||
17,225 | Pool #AJ5736 4.000%, 12/01/2041 |
17,806 | ||||||
10,130 | Pool #AJ5968 4.000%, 12/01/2041 |
10,409 | ||||||
20,037 | Pool #AJ6061 4.000%, 12/01/2041 |
20,712 | ||||||
13,054 | Pool #AJ7868 4.000%, 12/01/2041 |
13,494 | ||||||
28,342 | Pool #AJ8104 4.000%, 12/01/2041 |
29,292 | ||||||
18,011 | Pool #AJ8109 4.000%, 12/01/2041 |
18,618 | ||||||
10,759 | Pool #AJ8171 4.000%, 12/01/2041 |
11,122 | ||||||
19,361 | Pool #AJ8341 4.000%, 12/01/2041 |
20,014 | ||||||
31,565 | Pool #AJ8436 4.000%, 12/01/2041 |
32,630 | ||||||
12,130 | Pool #AJ8912 4.000%, 12/01/2041 |
12,539 | ||||||
16,213 | Pool #AJ9248 4.000%, 12/01/2041 |
16,760 | ||||||
139,334 | Series 2012-18, 2.000%, 12/25/2041 |
132,073 | ||||||
149,518 | Series 2012-75, 2.500%, 12/25/2041 |
144,524 |
14,811 | Pool #AJ2446 4.000%, 01/01/2042 |
15,219 | ||||||
20,455 | Pool #AJ7538 4.000%, 01/01/2042 |
21,145 | ||||||
5,899 | Pool #AJ8001 4.000%, 01/01/2042 |
6,061 | ||||||
18,964 | Pool #AJ8369 4.000%, 01/01/2042 |
19,603 | ||||||
17,495 | Pool #AJ9162 4.000%, 01/01/2042 |
18,084 | ||||||
98,645 | Pool #AJ9330 4.000%, 01/01/2042 |
101,969 | ||||||
10,941 | Pool #AJ9779 4.000%, 01/01/2042 |
11,222 | ||||||
16,977 | Pool #AK0170 4.000%, 01/01/2042 |
17,550 | ||||||
34,408 | Pool #AK0543 4.000%, 01/01/2042 |
35,568 | ||||||
13,700 | Pool #AK0563 4.000%, 01/01/2042 |
14,162 | ||||||
27,930 | Pool #AK1827 4.000%, 01/01/2042 |
28,871 | ||||||
360,402 | Pool #AL2752 5.000%, 03/01/2042 |
386,782 | ||||||
83,461 | Series 2012-52, 3.500%, 05/25/2042 |
84,443 | ||||||
83,710 | Pool #AB5529 4.000%, 07/01/2042 |
85,933 | ||||||
800,000 | Pool #TBA 3.000%, 07/15/2042 (i) |
775,031 | ||||||
195,616 | Pool #AB6228 3.500%, 09/01/2042 |
196,229 | ||||||
392,539 | Pool #AQ9316 2.500%, 01/01/2043 |
369,534 | ||||||
192,123 | Series 2015-48, 3.000%, 02/25/2043 |
189,589 | ||||||
1,059,562 | Pool #AT2720 3.000%, 05/01/2043 |
1,035,813 | ||||||
795,483 | Pool #AT5900 3.000%, 06/01/2043 |
777,342 | ||||||
438,135 | Pool #AU1625 3.500%, 07/01/2043 |
438,948 | ||||||
197,364 | Series 2018-38, 3.500%, 03/25/2045 |
199,206 | ||||||
702,954 | Pool #AS5469 4.000%, 07/01/2045 |
720,426 | ||||||
781,666 | Pool #AZ0832 4.000%, 07/01/2045 |
798,523 | ||||||
153,397 | Pool #AS5597 3.500%, 08/01/2045 |
153,183 | ||||||
125,201 | Series 2016-11, 2.500%, 03/25/2046 |
120,454 | ||||||
924,064 | Pool #AS7170 3.500%, 05/01/2046 |
922,917 | ||||||
940,137 | Pool #AS7242 3.500%, 05/01/2046 |
938,970 | ||||||
684,702 | Pool #BC9468 3.000%, 06/01/2046 |
664,503 | ||||||
856,525 | Pool #AS7492 4.000%, 07/01/2046 |
875,661 | ||||||
386,642 | Pool #AS8299 3.000%, 11/01/2046 |
375,745 | ||||||
586,984 | Pool #AS8947 3.500%, 03/01/2047 |
585,203 | ||||||
145,436 | Pool #MA3038 4.500%, 06/01/2047 |
151,901 | ||||||
169,791 | Series 2017-72, 3.000%, 09/25/2047 |
167,326 | ||||||
176,716 | Series 2017-72, 3.000%, 09/25/2047 |
174,140 | ||||||
162,191 | Series 2018-23, 3.500%, 04/25/2048 |
163,562 | ||||||
Government National Mortgage Association | ||||||||
11,807 | Pool #614436X 5.000%, 08/15/2033 |
12,347 | ||||||
35,558 | Pool #736686X 5.000%, 02/15/2039 |
37,903 | ||||||
658,059 | Pool #723248X 5.000%, 10/15/2039 |
703,779 | ||||||
1,500,000 | Pool #TBA 4.500%, 07/15/2041 (i) |
1,559,310 | ||||||
351,267 | Pool #783403X 3.500%, 09/15/2041 |
354,213 | ||||||
500,000 | Pool #TBA 3.500%, 07/15/2042 (i) |
501,267 | ||||||
1,300,000 | Pool #TBA 4.000%, 07/15/2042 (i) |
1,332,500 | ||||||
800,000 | Pool #TBA 3.000%, 07/15/2045 (i) |
782,734 | ||||||
1,400,000 | Pool #TBA 3.500%, 07/15/2045 (i) |
1,405,496 | ||||||
145,484 | Pool #MA4587M 4.000%, 07/20/2047 |
149,836 | ||||||
353,592 | Pool #MA4652M 3.500%, 08/20/2047 |
355,384 | ||||||
694,301 | Pool #MA4778M 3.500%, 10/20/2047 |
697,820 | ||||||
539,745 | Pool #MA4779M 4.000%, 10/20/2047 |
553,942 | ||||||
732,546 | Pool #MA4780M 4.500%, 10/20/2047 |
762,025 | ||||||
|
|
|||||||
Total Mortgage Backed Securities—U.S. Government Agency (Cost $49,720,826) | 49,487,348 | |||||||
|
|
|||||||
MUNICIPAL DEBT OBLIGATIONS—0.29% | ||||||||
California, GO, | ||||||||
80,000 | 7.550%, 04/01/2039 |
118,261 | ||||||
10,000 | 7.350%, 11/01/2039 |
14,268 | ||||||
20,000 | 7.625%, 03/01/2040 |
29,568 | ||||||
45,000 | 7.600%, 11/01/2040 |
67,853 | ||||||
105,000 | Chicago Transit Authority Sales & Transfer Tax Receipts, Series B, Revenue Bond, | |||||||
6.899%, 12/01/2040 |
136,908 | |||||||
15,000 | University of California Medical Center, Revenue Bond, | |||||||
6.548%, 05/15/2048 |
20,225 | |||||||
|
|
|||||||
Total Municipal Debt Obligations (Cost $370,627) | 387,083 | |||||||
|
|
|||||||
Notional Amount |
||||||||
Purchased Options—0.08% | ||||||||
Put Interest Rate Swaption—0.08% | ||||||||
2,410,000 | 10-Year Interest Rate Swap, 3-MO-USD-LIBOR, Receive Floating Rate, |
|||||||
Counterparty: Bank of America |
||||||||
Expiration: 05/30/2019 |
||||||||
Exercises Rate: 3.200% (d) |
33,133 | |||||||
2,245,000 | 10-Year Interest Rate Swap, 3-MO-USD-LIBOR, Receive Floating Rate, |
|||||||
Counterparty: Goldman Sachs |
||||||||
Expiration: 05/30/2019 |
||||||||
Exercises Rate: 3.200% (d) |
30,864 | |||||||
821,000 | 10-Year Interest Rate Swap, 3-MO-USD-LIBOR, Receive Floating Rate, |
|||||||
Counterparty: Bank of America |
||||||||
Expiration: 05/13/2019 |
||||||||
Exercises Rate: 3.250% (d) |
9,716 | |||||||
2,620,000 | 10-Year Interest Rate Swap, 3-MO-USD-LIBOR, Receive Floating Rate, |
|||||||
Counterparty: Bank of America |
||||||||
Expiration: 05/13/2019 |
||||||||
Exercises Rate: 3.250% (d) |
31,005 | |||||||
|
|
|||||||
Total Purchased Options (Cost $124,437) | 104,718 | |||||||
|
|
|||||||
U.S. TREASURY OBLIGATIONS—15.08% | ||||||||
U.S. Treasury Bonds—8.34% | ||||||||
3,105,465 | 0.375%, 07/15/2027 (g)(h) |
3,022,412 | ||||||
219,000 | 4.500%, 08/15/2039 |
273,156 | ||||||
320,000 | 4.375%, 11/15/2039 |
393,138 | ||||||
2,460,000 | 3.125%, 11/15/2041 |
2,528,707 | ||||||
545,000 | 3.625%, 08/15/2043 |
607,632 | ||||||
1,380,000 | 3.750%, 11/15/2043 |
1,569,184 | ||||||
240,000 | 3.000%, 11/15/2045 |
240,905 | ||||||
2,365,000 | 2.500%, 05/15/2046 |
2,149,102 | ||||||
255,000 | 3.000%, 02/15/2047 |
255,976 | ||||||
U.S. Treasury Notes—6.74% | ||||||||
3,745,000 | 2.000%, 02/15/2022 |
3,659,055 | ||||||
3,220,000 | 2.375%, 08/15/2024 |
3,143,965 | ||||||
1,707,000 | 2.000%, 02/15/2025 |
1,623,784 | ||||||
72,000 | 1.625%, 05/15/2026 |
65,873 | ||||||
455,000 | 2.000%, 11/15/2026 |
426,482 | ||||||
|
|
|||||||
Total U.S. Treasury Obligations (Cost $20,175,632) | 19,959,371 | |||||||
|
|
|||||||
Number of Shares |
||||||||
SHORT TERM INVESTMENTS—1.54% |
||||||||
Money Market Funds—1.54% |
||||||||
Deutsche Government Money Market Series—Institutional Shares |
||||||||
2,033,634 | Effective Yield, 1.81% (e) |
2,033,634 | ||||||
|
|
|||||||
Total Short Term Investments (Cost $2,033,634) | 2,033,634 | |||||||
|
|
|||||||
INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING—1.95% | ||||||||
Investments Purchased with Proceeds from Securities Lending—1.95% | ||||||||
Mount Vernon Liquid Assets Portfolio, LLC |
||||||||
2,578,725 | Effective Yield, 2.21% (e) |
2,578,725 | ||||||
|
|
|||||||
Total Investments Purchased with Proceeds from Securities Lending (Cost $2,578,725) | 2,578,725 | |||||||
|
|
|||||||
Total Investments (Cost $158,954,463)—118.62% | 156,985,640 | |||||||
Liabilities in Excess of Other Assets—(18.62)% | (24,637,965 | ) | ||||||
|
|
|||||||
TOTAL NET ASSETS—100.00% | $ | 132,347,675 | ||||||
|
|
Percentages are stated as a percent of net assets.
(a) | Variable rate security based on a reference index and spread. The rate reported is the rate in effect as of June 30, 2018. |
(b) | Variable rate security. The coupon is based on an underlying pool of assets. The rate reported is the rate in effect as of June 30, 2018. |
(c) | Securities were purchased exempt from registration in the U.S. pursuant to Rule 144A of the Securities Act of 1933 (the “Act”) or were acquired in a private placement, and, unless registered under the Act, may only be sold to “qualified institutional buyers” (as defined in the Act) or pursuant to another expemption from registration. The value of these securities total $31,305,403, which represents 23.65% of total net assets. |
(d) | These securities have been deemed illiquid according to the Fund’s liquidity guidelines. The value of these securities total $1,812,655, which represents 1.37% of total net assets. |
(e) | Seven-day yield as of June 30, 2018. |
(f) | All or portion of this security is on loan. |
(g) | Represents a U.S. Treasury Inflation Protected Security. |
(h) | All or a portion of this security is held as collateral for certain swap and futures contracts. |
(i) | Security purchased on a when-issued basis. On June 30, 2018, the total value of investments purchased on a when-issued basis was $19,602,932 or 14.81% of total net assets. |
(j) | Value determined using significant unobservable inputs. |
(k) | This security was fair valued in good faith by the Adviser’s Valuation Committee. The aggregate value of this security at June 30, 2018 was $179,963, which represents 0.14% of total net assets. |
Glossary of Terms
LIBOR London Interbank Offered Rate
Schedule of Open Futures Contracts (Unaudited)
Description |
Number of Contracts Purchased / (Sold) |
Notional Value | Settlement Month | Value/Unrealized Appreciation (Depreciation) |
||||||||||||
Eurodollar 90 Day Futures |
27 | 6,563,700 | Mar-19 | $ | (805 | ) | ||||||||||
Eurodollar 90 Day Futures |
(27) | (6,548,850 | ) | Mar-20 | 7,619 | |||||||||||
U.S. Treasury 10 Year Note Futures |
(29) | (3,485,438 | ) | Sep-18 | (11,399 | ) | ||||||||||
U.S. Treasury 10 Year Ultra Bond Futures |
(22) | (2,821,156 | ) | Sep-18 | (34,876 | ) | ||||||||||
U.S. Treasury 2 Year Note Futures |
29 | 6,143,016 | Sep-18 | (2,455 | ) | |||||||||||
U.S. Treasury 5 Year Note Futures |
135 | 15,338,320 | Sep-18 | 33,200 | ||||||||||||
U.S. Treasury Ultra Bond Futures |
7 | 1,116,938 | Sep-18 | 26,050 | ||||||||||||
|
|
|||||||||||||||
$ | 17,334 | |||||||||||||||
|
|
Schedule of Open Swap Contracts (Unaudited)
Credit Default Swaps on Credit Indices—Sell Protection(1)
Reference Obligation |
Implied Credit Spread at 6/30/2018(2) |
Fixed Pay Rate |
Maturity Date |
Counterparty | Notional Amount(3) |
Fair Value |
Upfront Premiums Paid (Received) |
Unrealized Appreciation (Depreciation) |
||||||||||||||||||||||||
CDX-NA.IG.30 Index** |
0.67 | % | 1.000 | % | 6/20/2023 | Morgan Stanley | $ | 490,000 | $ | 7,373 | $ | 7,638 | ($ | 265 | ) | |||||||||||||||||
|
|
|
|
|
|
|||||||||||||||||||||||||||
$ | 7,373 | $ | 7,638 | ($ | 265 | ) | ||||||||||||||||||||||||||
|
|
|
|
|
|
Interest Rate Swaps
Pay/Receive |
Floating Rate Index | Floating Payment Frequency |
Fixed Pay Rate |
Fixed Payment Frequency |
Maturity Date |
Counterparty | Notional Amount |
Fair Value | Upfront Premiums Paid (Received) |
Unrealized Appreciation (Depreciation) |
||||||||||||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.060 | % | Annual | 11/15/2024 | Morgan Stanley | $ | 508,000 | $ | (23,987 | ) | $ | 10,920 | $ | (34,907 | ) | |||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.179 | % | Annual | 11/15/2024 | Morgan Stanley | 350,000 | (14,576 | ) | (543 | ) | (14,033 | ) | ||||||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.179 | % | Annual | 11/15/2024 | Morgan Stanley | 355,000 | (14,784 | ) | — | (14,784 | ) | |||||||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.250 | % | Annual | 11/15/2024 | Morgan Stanley | 45,000 | (1,656 | ) | 522 | (2,178 | ) | |||||||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.250 | % | Annual | 11/15/2024 | Morgan Stanley | 170,000 | (6,255 | ) | 1,971 | (8,226 | ) | |||||||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.453 | % | Annual | 11/15/2024 | Morgan Stanley | 205,000 | 764 | — | 764 | |||||||||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.454 | % | Annual | 11/15/2024 | Morgan Stanley | 240,000 | 884 | — | 884 | |||||||||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.459 | % | Annual | 11/15/2024 | Morgan Stanley | 235,000 | 930 | — | 930 | |||||||||||||||||||||||||||
Pay |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.535 | % | Annual | 11/15/2024 | Morgan Stanley | 770,284 | (892 | ) | — | (892 | ) | |||||||||||||||||||||||||
Receive |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.550 | % | Annual | 11/15/2024 | Morgan Stanley | 611,743 | (1,467 | ) | — | (1,467 | ) | |||||||||||||||||||||||||
Pay |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.556 | % | Annual | 11/15/2024 | Morgan Stanley | 222,000 | (532 | ) | — | (532 | ) | |||||||||||||||||||||||||
Pay |
|
1-Day Overnight Fed Funds Effective Rate* |
|
Annual | 2.529 | % | Annual | 11/15/2024 | Morgan Stanley | 615,973 | (507 | ) | — | (507 | ) | |||||||||||||||||||||||||
Receive |
3-MO-USD-LIBOR* | Annual | 2.250 | % | Annual | 9/21/2026 | Morgan Stanley | 4,143,000 | 199,361 | (181,289 | ) | 380,650 | ||||||||||||||||||||||||||||
Receive |
3-MO-USD-LIBOR* | Annual | 2.750 | % | Annual | 12/20/2047 | Morgan Stanley | 775,000 | 21,582 | (30,425 | ) | 52,006 | ||||||||||||||||||||||||||||
Receive |
3-MO-USD-LIBOR* | Annual | 2.250 | % | Annual | 6/20/2028 | Morgan Stanley | 4,241,000 | 251,158 | 229,836 | 21,322 | |||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||||||||
$ | 13,487,000 | $ | 410,022 | $ | 30,993 | $ | 379,030 | |||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
1) | If the Fund is a seller of protection and a credit event occurs, as defined under the terms of that particular swap agreement, the Fund will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. |
2) | Implied credit spreads, represented in absolute terms, utilized in determining the market value of credit default swap agreements on U.S. municipal issues, corporate issues or sovereign issues of an emerging country as of period end serve as an indicator of the current status of the payment/ performance risk and represent the likelihood or risk of default for the credit derivative. The implied credit spread of a particular referenced entity reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into the agreement. Wider credit spreads represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement. A credit spread identified as “Defaulted” indicates a credit event has occurred for the referenced entity or obligation. |
3) | The maximum potential amount the Fund could be required to pay as seller of credit protection or receive as a buyer of credit protection if a credit event occurs as defined under the terms of that particular swap agreement. |
* | Centrally cleared swap, clearing agent: Clearnet |
** | Centrally cleared swap, clearing agent: Intercontinental Exchange |
GuideMark® Tax-Exempt Fixed Income Fund
Schedule of Investments (Unaudited)
Principal Amount |
Value | |||||||
MUNICIPAL DEBT OBLIGATIONS—98.62% | ||||||||
Alabama—1.44% | ||||||||
The Lower Alabama Gas District, Series A, Revenue Bond, | ||||||||
100,000 | 5.000%, 09/01/2034 |
$ | 117,711 | |||||
225,000 | 5.000%, 09/01/2046 |
272,754 | ||||||
|
|
|||||||
390,465 | ||||||||
|
|
|||||||
Alaska—0.31% | ||||||||
85,000 | Northern Tobacco Securitization Corp., Series A, Revenue Bond, | |||||||
5.000%, 06/01/2046 |
85,000 | |||||||
|
|
|||||||
Arizona—2.89% | ||||||||
Arizona Board of Regents, Refunding, Revenue Bond, | ||||||||
145,000 | 5.000%, 07/01/2028 |
161,206 | ||||||
55,000 | 5.000%, 07/01/2028 |
60,992 | ||||||
150,000 | Arizona Industrial Development Authority, Revenue Bond, | |||||||
6.000%, 07/01/2047 |
158,092 | |||||||
100,000 | City of Phoenix Industrial Development Authority, Series A, Revenue Bond, | |||||||
5.000%, 07/01/2037 |
111,044 | |||||||
Pima County Industrial Development Authority, Revenue Bond, | ||||||||
35,000 | 5.000%, 06/15/2047 |
35,125 | ||||||
30,000 | 5.000%, 06/15/2052 |
30,032 | ||||||
150,000 | Salt Verde Financial Corp., Revenue Bond, | |||||||
5.000%, 12/01/2037 |
182,454 | |||||||
40,000 | Tempe Industrial Development Authority, Series A, Revenue Bond, | |||||||
6.125%, 10/01/2052 |
42,776 | |||||||
|
|
|||||||
781,721 | ||||||||
|
|
|||||||
Arkansas—0.96% | ||||||||
250,000 | University of Arkansas, Series A, Revenue Bond, | |||||||
4.125%, 11/01/2030 |
259,078 | |||||||
|
|
|||||||
California—15.84% | ||||||||
100,000 | California Health Facilities Financing Authority, Series A, Revenue Bond, | |||||||
5.000%, 11/15/2031 |
118,284 |
100,000 | California Municipal Finance Authority, Community Medical Centers, Series A, Refunding, Revenue Bond, | |||||||
5.000%, 02/01/2042 |
110,717 | |||||||
195,000 | California Municipal Finance Authority, Mobile Home Park, Series A, Prerefunded, Revenue Bond, | |||||||
6.400%, 08/15/2045 |
211,934 | |||||||
150,000 | California Municipal Finance Authority, Revenue Bond, | |||||||
5.000%, 12/31/2047 |
168,429 | |||||||
200,000 | California State University, Series A, Refunding, Revenue Bond, | |||||||
5.000%, 11/01/2031 |
232,008 | |||||||
California Statewide Communities Development Authority, Series A, Revenue Bond, | ||||||||
160,000 | 6.125%, 11/01/2033 |
183,930 | ||||||
150,000 | 5.250%, 12/01/2056 |
161,970 | ||||||
300,000 | California Statewide Communities Development Authority, Series A, Revenue Bond, CMI Insured, | |||||||
5.000%, 08/01/2034 |
335,067 | |||||||
265,000 | California, Prerefunded, GO, | |||||||
6.500%, 04/01/2033 |
275,189 | |||||||
California, Refunding, GO, | ||||||||
150,000 | 5.000%, 10/01/2029 |
169,035 | ||||||
235,000 | 6.500%, 04/01/2033 |
243,660 | ||||||
300,000 | 5.000%, 11/01/2043 |
335,754 | ||||||
Golden State Tobacco Securitization Corp., Series A, Revenue Bond, | ||||||||
100,000 | 4.000%, 06/01/2031 |
106,134 | ||||||
10,000 | 5.125%, 06/01/2047 |
10,000 | ||||||
Golden State Tobacco Securitization Corp., Series A-1, Refunding, Revenue Bond, | ||||||||
100,000 | 5.000%, 06/01/2024 |
113,598 | ||||||
125,000 | 5.000%, 06/01/2047 |
128,476 | ||||||
180,000 | 5.250%, 06/01/2047 |
187,470 | ||||||
500,000 | Los Angeles Department of Airports, Series A, Revenue Bond, | |||||||
5.250%, 05/15/2029 |
515,725 | |||||||
250,000 | M-S-R Energy Authority, Revenue Bond, | |||||||
6.500%, 11/01/2039 |
357,280 | |||||||
300,000 | San Mateo Joint Powers Financing Authority, Series A, Refunding, Revenue Bond, | |||||||
5.250%, 07/15/2025 |
316,236 | |||||||
|
|
|||||||
4,280,896 | ||||||||
|
|
Colorado—3.49% | ||||||||
150,000 | Castle Pines North Metropolitan District, Refunding, Revenue Bond, | |||||||
4.000%, 12/01/2044 |
152,244 | |||||||
130,000 | Colorado Health Facilities Authority, Revenue Bond, | |||||||
8.000%, 08/01/2043 |
149,180 | |||||||
220,000 | Public Authority for Colorado Energy, Revenue Bond, | |||||||
6.500%, 11/15/2038 |
306,788 | |||||||
300,000 | Regional Transportation District, Series A, Revenue Bond, | |||||||
5.000%, 11/01/2027 |
335,013 | |||||||
|
|
|||||||
943,225 | ||||||||
|
|
|||||||
Delaware—1.03% | ||||||||
35,000 | County of Kent, Series A, Revenue Bond, | |||||||
5.000%, 07/01/2053 |
37,742 | |||||||
200,000 | Delaware, Series A, Refunding, GO, | |||||||
5.000%, 01/01/2027 |
240,426 | |||||||
|
|
|||||||
278,168 | ||||||||
|
|
|||||||
Florida—4.06% | ||||||||
300,000 | Brevard County Health Facilities Authority, Prerefunded, Revenue Bond, | |||||||
7.000%, 04/01/2039 |
312,045 | |||||||
100,000 | Florida Development Finance Corp., Revenue Bond, | |||||||
5.625%, 01/01/2047 (a)(b) |
103,067 | |||||||
225,000 | Miami-Dade County Educational Facilities, Series A, Refunding, Revenue Bond, | |||||||
5.000%, 04/01/2040 |
249,383 | |||||||
355,000 | Miami-Dade County Health Facilities, Series A, Refunding, Revenue Bond, | |||||||
5.250%, 08/01/2021 |
373,982 | |||||||
40,000 | Palm Beach County Florida Health Facilities Authority, Series A, Refunding, Revenue Bond, | |||||||
7.500%, 06/01/2049 |
46,163 | |||||||
10,000 | Palm Beach County Florida Health Facilities Authority, Series A, Revenue Bond, | |||||||
7.250%, 06/01/2034 |
11,466 | |||||||
|
|
|||||||
1,096,106 | ||||||||
|
|
|||||||
Georgia—1.25% | ||||||||
300,000 | Atlanta Water & Wastewater, Refunding, Revenue Bond, | |||||||
5.000%, 11/01/2040 |
337,965 | |||||||
|
|
|||||||
Illinois—8.29% | ||||||||
Chicago Board of Education, Revenue Bond, | ||||||||
100,000 | 5.000%, 04/01/2042 |
107,924 | ||||||
100,000 | 5.000%, 04/01/2046 |
107,618 |
100,000 | Chicago Board of Education, Series G, Refunding, GO, | |||||||
5.000%, 12/01/2044 |
102,256 | |||||||
100,000 | Chicago Board of Education, Series H, GO, | |||||||
5.000%, 12/01/2036 |
102,793 | |||||||
70,000 | Chicago Waterworks, Revenue Bond, | |||||||
5.000%, 11/01/2028 |
78,654 | |||||||
65,000 | Chicago, Series A, Refunding, GO, | |||||||
5.250%, 01/01/2029 |
69,071 | |||||||
225,000 | Illinois Finance Authority, Prerefunded, Revenue Bond, | |||||||
7.000%, 08/15/2044 |
238,363 | |||||||
160,000 | Illinois Finance Authority, Refunding, Revenue Bond, | |||||||
5.000%, 12/01/2047 |
166,202 | |||||||
140,000 | Illinois Finance Authority, Series A, Revenue Bond, | |||||||
5.000%, 02/15/2047 |
151,600 | |||||||
Illinois, GO, | ||||||||
345,000 | 5.000%, 01/01/2029 |
363,040 | ||||||
20,000 | 5.000%, 05/01/2036 |
20,620 | ||||||
70,000 | 5.000%, 11/01/2036 |
73,046 | ||||||
30,000 | 5.000%, 02/01/2039 |
30,851 | ||||||
30,000 | Illinois, Series A, GO, | |||||||
5.000%, 04/01/2038 |
30,774 | |||||||
100,000 | O’Hare International Airport, Series B, Refunding, Revenue Bond, | |||||||
5.000%, 01/01/2032 |
111,597 | |||||||
150,000 | O’Hare International Airport, Series D, Refunding, Revenue Bond, | |||||||
5.250%, 01/01/2030 |
166,758 | |||||||
150,000 | Sales Tax Securitization Corp., Series A, Revenue Bond, | |||||||
5.000%, 01/01/2040 |
167,915 | |||||||
120,000 | Southwestern Illinois Development Authority, Prerefunded, Revenue Bond, | |||||||
7.125%, 11/01/2043 |
149,827 | |||||||
|
|
|||||||
2,238,909 | ||||||||
|
|
|||||||
Indiana—4.46% | ||||||||
500,000 | Fishers Redevelopment District, Prerefunded, Revenue Bond, | |||||||
5.250%, 07/15/2034 |
527,530 | |||||||
100,000 | Indiana Health Facility Financing Authority, Series 2001A-1, Revenue Bond, | |||||||
5.000%, 11/15/2034 |
112,986 | |||||||
250,000 | Indiana Municipal Power Agency, Series A, Prerefunded, Revenue Bond, | |||||||
5.250%, 01/01/2032 |
288,180 |
125,000 | Shoals Exempt Facilities, Revenue Bond, | |||||||
7.250%, 11/01/2043 |
140,924 | |||||||
115,000 | Valparaiso Exempt Facilities, Revenue Bond, | |||||||
7.000%, 01/01/2044 |
135,526 | |||||||
|
|
|||||||
1,205,146 | ||||||||
|
|
|||||||
Kentucky—0.99% | ||||||||
250,000 | Kentucky Economic Development Finance Authority, Series A, Revenue Bond, | |||||||
5.000%, 06/01/2045 |
266,838 | |||||||
|
|
|||||||
Louisiana—0.84% | ||||||||
200,000 | Louisiana Highway Improvement, Series A, Revenue Bond, | |||||||
5.000%, 06/15/2029 |
225,830 | |||||||
|
|
|||||||
Maryland—0.80% | ||||||||
200,000 | Westminster Project Revenue, Lutheran Village at Miller’s Grant, Series A, Revenue Bond, | |||||||
6.000%, 07/01/2034 |
215,066 | |||||||
|
|
|||||||
Michigan—0.41% | ||||||||
100,000 | Royal Oak Hospital Finance Authority, Series D, Refunding, Revenue Bond, | |||||||
5.000%, 09/01/2033 |
110,557 | |||||||
|
|
|||||||
Minnesota—2.87% | ||||||||
100,000 | Apple Valley Senior Living, Series D, Revenue Bond, | |||||||
7.250%, 01/01/2052 |
101,452 | |||||||
160,000 | Minneapolis-St. Paul Metropolitan Airports Commission, Series A, Refunding, Revenue Bond, | |||||||
5.000%, 01/01/2030 |
179,195 | |||||||
150,000 | Rochester Health Care & Housing Facility, Series A, Refunding, Revenue Bond, | |||||||
6.875%, 12/01/2048 |
170,868 | |||||||
300,000 | Rochester Health Care Facilities Mayo Clinic, Series C, Revenue Bond, | |||||||
4.500%, 11/15/2038 (a)(b) |
324,804 | |||||||
|
|
|||||||
776,319 | ||||||||
|
|
|||||||
Missouri—2.11% | ||||||||
200,000 | Conley Road Transportation Development District, Revenue Bond, | |||||||
5.375%, 05/01/2047 |
204,394 | |||||||
350,000 | St. Louis Airport, Revenue Bond, | |||||||
6.625%, 07/01/2034 |
366,285 | |||||||
|
|
|||||||
570,679 | ||||||||
|
|
|||||||
Montana—0.39% | ||||||||
100,000 | City of Kalispell, Series A, Revenue Bond, | |||||||
5.250%, 05/15/2047 |
104,906 | |||||||
|
|
Nebraska—3.44% | ||||||||
200,000 | Central Plains Energy Project, Revenue Bond, | |||||||
5.000%, 09/01/2042 |
240,922 | |||||||
130,000 | Douglas County Hospital Authority No. 3, Refunding, Revenue Bond, | |||||||
5.000%, 11/01/2024 |
147,605 | |||||||
500,000 | Omaha Public Power District, Series B, Prerefunded, Revenue Bond, | |||||||
5.000%, 02/01/2027 |
539,855 | |||||||
|
|
|||||||
928,382 | ||||||||
|
|
|||||||
New Hampshire—0.48% | ||||||||
120,000 | New Hampshire Health & Educational Facilities Authority, Refunding, Revenue Bond, | |||||||
5.000%, 07/01/2027 |
129,817 | |||||||
|
|
|||||||
New Jersey—1.27% | ||||||||
150,000 | New Jersey Economic Development Authority, Refunding, Revenue Bond, | |||||||
5.250%, 06/15/2030 |
164,323 | |||||||
25,000 | South Jersey Port Corp., Series A, Revenue Bond, | |||||||
5.000%, 01/01/2049 |
27,248 | |||||||
40,000 | Tobacco Settlement Financing Corp., Series A, Revenue Bond, | |||||||
5.000%, 06/01/2046 |
44,036 | |||||||
100,000 | Tobacco Settlement Financing Corp., Series B, Revenue Bond, | |||||||
5.000%, 06/01/2046 |
107,688 | |||||||
|
|
|||||||
343,295 | ||||||||
|
|
|||||||
New York—9.12% | ||||||||
325,000 | Brooklyn Arena Local Development Corp., Prerefunded, Revenue Bond, | |||||||
6.500%, 07/15/2030 |
349,333 | |||||||
200,000 | City of New York, Series B, GO, | |||||||
5.000%, 10/01/2038 |
231,202 | |||||||
100,000 | City of New York, Series E, GO, | |||||||
5.000%, 03/01/2041 |
115,844 | |||||||
140,000 | New York City Industrial Development Agency, Revenue Bond, | |||||||
5.750%, 10/01/2036 |
141,350 | |||||||
40,000 | New York City Industrial Development Agency, Series A, Refunding, Revenue Bond, | |||||||
5.000%, 07/01/2022 |
43,955 | |||||||
35,000 | New York City, Series I, Unrefunded, GO, | |||||||
5.375%, 04/01/2036 |
35,949 | |||||||
100,000 | New York Dormitory Authority, Refunding, Revenue Bond, | |||||||
5.000%, 12/01/2035 |
111,072 |
250,000 | New York Dormitory Authority, Series B, Refunding, Revenue Bond, | |||||||
5.000%, 07/01/2038 |
275,420 | |||||||
500,000 | New York Environmental Facilities Corp., Series B, Prerefunded, Revenue Bond, | |||||||
5.500%, 10/15/2027 |
617,495 | |||||||
175,000 | New York Liberty Development Corp., Refunding, Revenue Bond, | |||||||
5.250%, 10/01/2035 |
217,752 | |||||||
100,000 | New York Transportation Development Corp., Revenue Bond, | |||||||
5.000%, 01/01/2036 |
111,857 | |||||||
200,000 | New York, Series E, GO, | |||||||
4.000%, 12/15/2027 |
211,828 | |||||||
|
|
|||||||
2,463,057 | ||||||||
|
|
|||||||
North Carolina—1.32% | ||||||||
320,000 | North Carolina Eastern Municipal Power Agency Power Systems, Series A, Prerefunded, Revenue Bond, | |||||||
5.000%, 01/01/2025 |
357,069 | |||||||
|
|
|||||||
Ohio—4.42% | ||||||||
Buckeye Tobacco Settlement Financing Authority, Series A, Revenue Bond, | ||||||||
550,000 | 5.875%, 06/01/2047 |
552,354 | ||||||
145,000 | 6.500%, 06/01/2047 |
148,716 | ||||||
135,000 | County of Cuyahoga, Revenue Bond, | |||||||
5.250%, 02/15/2047 |
145,761 | |||||||
100,000 | Ohio Higher Education Facilities Commission, Refunding, Revenue Bond, | |||||||
5.000%, 01/01/2026 |
109,651 | |||||||
200,000 | Ohio, Series A, Refunding, Revenue Bond, | |||||||
5.000%, 01/01/2031 |
237,010 | |||||||
|
|
|||||||
1,193,492 | ||||||||
|
|
|||||||
Oklahoma—0.25% | ||||||||
60,000 | Oklahoma Development Finance Authority, Series B, Revenue Bond, | |||||||
5.500%, 08/15/2057 |
68,444 | |||||||
|
|
|||||||
Pennsylvania—4.40% | ||||||||
100,000 | Allentown Neighborhood Improvement Zone Development Authority, Revenue Bond, | |||||||
5.000%, 05/01/2033 |
110,018 | |||||||
350,000 | Butler County Hospital Authority, Prerefunded, Revenue Bond, | |||||||
7.125%, 07/01/2029 |
368,966 | |||||||
300,000 | Commonwealth Financing Authority, Revenue Bond, | |||||||
5.000%, 06/01/2034 |
339,015 |
150,000 | Pennsylvania Economic Development Financing Authority, Revenue Bond, | |||||||
6.750%, 12/01/2053 |
155,783 | |||||||
200,000 | Pennsylvania Higher Educational Facilities Authority, Prerefunded, Revenue Bond, | |||||||
5.800%, 07/01/2030 |
215,562 | |||||||
|
|
|||||||
1,189,344 | ||||||||
|
|
|||||||
South Carolina—1.68% | ||||||||
400,000 | Charleston Educational Excellence Financing Corp., Refunding, Revenue Bond, | |||||||
5.000%, 12/01/2025 |
454,428 | |||||||
|
|
|||||||
South Dakota—0.41% | ||||||||
100,000 | South Dakota Educational Enhancement Funding Corp. Tobaccos Settlement, Series B, Refunding, Revenue Bond, | |||||||
5.000%, 06/01/2026 |
109,498 | |||||||
|
|
|||||||
Texas—7.65% | ||||||||
200,000 | Central Texas Regional Mobility Authority, Series A, Prerefunded, Revenue Bond, | |||||||
6.000%, 01/01/2041 |
219,628 | |||||||
100,000 | Central Texas Turnpike System, Series C, Refunding, Revenue Bond, | |||||||
5.000%, 08/15/2029 |
110,450 | |||||||
200,000 | Dallas-Fort Worth International Airport, Series B, Revenue Bond, | |||||||
5.000%, 11/01/2026 |
221,248 | |||||||
200,000 | New Hope Cultural Education Facilities Corp., Series A-1, Revenue Bond, | |||||||
5.000%, 07/01/2046 |
218,140 | |||||||
225,000 | North Texas Tollway Authority, Refunding, Revenue Bond, | |||||||
4.000%, 01/01/2038 |
231,484 | |||||||
150,000 | North Texas Tollway Authority, Series A, Refunding, Revenue Bond, | |||||||
5.000%, 01/01/2043 |
171,165 | |||||||
100,000 | North Texas Tollway Authority, Series B, Refunding, Revenue Bond, | |||||||
5.000%, 01/01/2029 |
114,000 | |||||||
100,000 | Tarrant County Cultural Education Facilities Finance Corp., Revenue Bond, | |||||||
6.625%, 11/15/2037 |
111,668 | |||||||
Texas Private Activity Surface Transportation Corp., Revenue Bond, | ||||||||
200,000 | 7.500%, 12/31/2031 |
215,192 | ||||||
200,000 | 7.500%, 06/30/2033 |
219,556 | ||||||
85,000 | 7.000%, 12/31/2038 |
100,872 | ||||||
115,000 | 6.750%, 06/30/2043 |
134,572 | ||||||
|
|
|||||||
2,067,975 | ||||||||
|
|
Utah—2.45% | ||||||||
100,000 | Salt Lake City Corp. Airport, Series B, Revenue Bond, | |||||||
5.000%, 07/01/2042 |
114,814 | |||||||
500,000 | Utah Associated Municipal Power Systems San Juan Project, Refunding, Revenue Bond, | |||||||
5.500%, 06/01/2022 |
547,160 | |||||||
|
|
|||||||
661,974 | ||||||||
|
|
|||||||
Virginia—2.51% | ||||||||
1,475,000 | Tobacco Settlement Financing Corp., Series C, Revenue Bond, | |||||||
7.508%, 06/01/2047 (c) |
168,548 | |||||||
390,000 | Virginia College Building Educational Facilities Authority, Revenue Bond, | |||||||
5.750%, 01/01/2034 |
508,354 | |||||||
|
|
|||||||
676,902 | ||||||||
|
|
|||||||
Washington—2.26% | ||||||||
325,000 | Central Puget Sound Regional Transit Authority, Series P-1, Refunding, Revenue Bond, | |||||||
5.000%, 02/01/2027 |
357,081 | |||||||
250,000 | Washington Health Care Facilities Authority, Refunding, Revenue Bond, | |||||||
6.375%, 10/01/2036 |
252,565 | |||||||
|
|
|||||||
609,646 | ||||||||
|
|
|||||||
Wisconsin—4.53% | ||||||||
100,000 | Wisconsin Health & Educational Facilities Authority, Refunding, Revenue Bond, | |||||||
5.000%, 05/01/2025 |
110,279 | |||||||
Wisconsin Public Finance Authority, Refunding, Revenue Bond, | ||||||||
155,000 | 5.000%, 07/01/2022 |
163,198 | ||||||
150,000 | 5.750%, 10/01/2031 |
151,501 | ||||||
225,000 | 5.250%, 05/15/2047 |
245,302 | ||||||
10,000 | Wisconsin, Series 2, Prerefunded, GO, | |||||||
5.000%, 05/01/2025 |
11,096 | |||||||
490,000 | Wisconsin, Series 2, Unrefunded, GO, | |||||||
5.000%, 05/01/2025 |
542,749 | |||||||
|
|
|||||||
1,224,125 | ||||||||
|
|
|||||||
Total Municipal Debt Obligations (Cost $25,323,574) | 26,644,322 | |||||||
|
|
|||||||
Number of Shares |
||||||||
SHORT TERM INVESTMENTS—0.06% | ||||||||
Money Market Funds—0.06% | ||||||||
16,033 | Government TaxAdvantage Portfolio—Institutional Shares | |||||||
Effective Yield, 1.71% (b) |
16,033 | |||||||
|
|
|||||||
Total Short Term Investments (Cost $16,033) | 16,033 | |||||||
|
|
Total Investments (Cost $25,339,607)—98.68% | 26,660,355 | |||||
Other Assets in Excess of Liabilities—1.32% | 357,415 | |||||
|
|
|||||
TOTAL NET ASSETS—100.00% | $ | 27,017,770 | ||||
|
|
Percentages are stated as a percent of net assets.
(a) | Adjustable rate security—the rate is determined by the Remarketing Agent. |
(b) | Seven-day yield as June 30, 2018. |
(c) | Zero coupon bond. The Effective yield is listed. |
Glossary of Terms
CMI - California Mortgage Insurance
GO - General Obligation
The Global Industry Classification Standard (“GICS®”) was developed by and/or is the exclusive property of MSCI, Inc. (MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for use by U.S. Bancorp Fund Services, LLC.
Security Valuation
The Funds have adopted authoritative fair valuation accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value and a discussion in changes in valuation techniques and related inputs, if any, during the period. In addition, these standards require expanded disclosure for each major category of assets. These inputs are summarized in the three broad levels listed below:
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the Funds’ own assumptions in determining the fair value of investments).
During the period, certain of the securities and other instruments held by the Funds were categorized as Level 2 or Level 3 based upon the inputs and methodologies used to determine the fair value of the security or instrument. Descriptions of the inputs and valuation methodologies used to determine the fair values of each class of investments within Level 2 and Level 3 are set forth below.
Level 2 Investments. The Funds’ investments that were categorized as Level 2 include: (1) certain fixed income securities, including asset-backed securities, collateralized mortgage obligations, convertable obligations, corporate obligations, U.S. and foreign government obligations, mortgage-backed securities and municipal bonds; (2) certain foreign common stocks, preferred stocks, participatory notes, swaptions, and real estate investment trusts; and (3) certain over-the-counter derivative instruments, including futures and swaps.
Fixed income securities are normally valued by pricing vendors that use broker-dealer quotations, reported trades or valuation estimates from their internal pricing models. The service providers’ internal models typically use inputs that are observable such as institutional-sized trading in similar groups of securities, yield, credit quality, coupon rate, maturity, type of issue, trading characteristics and other market data.
Certain common stocks that trade on foreign exchanges are subject to valuation adjustments. These valuation adjustments are applied to the foreign exchange-traded common stocks to account for the market movement between the close of the foreign market in which the security is traded and the close of the New York Stock Exchange. These securities are valued using pricing vendors that consider the correlation patterns of price movements of the foreign security to the intraday trading in the U.S. markets.
Foreign currency contracts and swaps derive their value from underlying asset prices, indices, reference rates, and other inputs or a combination of these factors. These instruments are normally valued using pricing vendors. Depending upon the instrument, its value may be provided by a pricing vendor using a series of techniques, including pricing models. The pricing models typically use inputs that are observed from active markets such as indices, spreads, interest rates, curves, dividends and exchange rates.
Level 3 Investments. The Funds’ investments that were categorized as Level 3 include: fair valued securities.
Fair valued securities are normally valued by pricing vendors using relevant observable inputs, as described above. In certain circumstances, the types of observable inputs that are typically used by a pricing service may be unavailable or deemed by the pricing service to be unreliable. In these instances, the pricing vendor may value the security based upon significant unobservable inputs, or the pricing vendor may not provide a value for the security. To the extent that a pricing vendor does not provide a value for a particular security, or the pricing vendor provides a value that the Valuation Committee does not believe accurately reflects the value of the security, the security will be valued by the Valuation Committee based upon the information available to the Committee at the time of valuation and in accordance with procedures adopted by the Board. These methodologies may require subjective judgments and determinations about the value of a particular security. When significant unobservable inputs are used to value a security, the security is categorized as Level 3.
To verify Level 3 unobservable inputs, the Valuation Committee uses a variety of techniques as appropriate to substantiate these valuation approaches including a regular review of key inputs and assumptions, transaction back-testing or disposition analysis and review of related market activity.
The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
The following is a summary of the inputs used to value the Funds’ net assets as of June 30, 2018:
GuideMark® Large Cap Core Fund
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Common Stocks |
$ | 296,273,266 | $ | — | $ | — | $ | 296,273,266 | ||||||||
Investment Companies |
10,251,118 | — | — | 10,251,118 | ||||||||||||
Real Estate Investment Trusts |
4,228,216 | — | — | 4,228,216 | ||||||||||||
Short Term Investments |
2,303,410 | — | — | 2,303,410 | ||||||||||||
Investments Purchased with Proceeds from Securities Lending Collateral* |
— | — | — | 29,561,320 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments in Securities |
$ | 313,056,010 | $ | — | $ | — | $ | 342,617,330 | ||||||||
|
|
|
|
|
|
|
|
* | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. |
For further information regarding security characteristics, see the Schedule of Investments. There were no transfers in or out of Levels 1, 2 or 3. Transfers between levels are recognized at the end of the reporting period.
GuideMark® Emerging Markets Fund
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Common Stocks |
||||||||||||||||
Consumer Discretionary |
$ | 2,117,373 | $ | 7,098,384 | $ | — | $ | 9,215,757 | ||||||||
Consumer Staples |
2,962,924 | 5,210,807 | — | 8,173,731 | ||||||||||||
Energy |
2,068,792 | 3,834,343 | — | 5,903,135 | ||||||||||||
Financials |
2,660,645 | 13,429,472 | — | 16,090,117 | ||||||||||||
Health Care |
162,586 | 2,981,246 | — | 3,143,832 | ||||||||||||
Industrials |
681,936 | 3,447,877 | — | 4,129,813 | ||||||||||||
Information Technology |
6,913,424 | 18,740,423 | — | 25,653,847 | ||||||||||||
Materials |
1,467,401 | 3,328,637 | — | 4,796,038 | ||||||||||||
Real Estate |
— | 1,589,335 | — | 1,589,335 | ||||||||||||
Telecommunication Services |
742,248 | 2,827,869 | — | 3,570,117 | ||||||||||||
Utilities |
512,737 | 1,371,787 | — | 1,884,524 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Common Stocks |
20,290,066 | 63,860,180 | — | 84,150,246 | ||||||||||||
Investment Companies |
11,064,565 | — | — | 11,064,565 | ||||||||||||
Preferred Stocks |
||||||||||||||||
Consumer Staples |
— | 401,391 | — | 401,391 | ||||||||||||
Energy |
432,109 | — | — | 432,109 | ||||||||||||
Financials |
1,398,773 | — | — | 1,398,773 | ||||||||||||
Information Technology |
— | 575,758 | — | 575,758 | ||||||||||||
Materials |
303,036 | — | — | 303,036 | ||||||||||||
Utilities |
118,731 | — | — | 118,731 | ||||||||||||
Total Preferred Stocks |
2,252,649 | 977,149 | — | 3,229,798 | ||||||||||||
Short Term Investments |
508,192 | — | — | 508,192 | ||||||||||||
Investments Purchased with Proceeds from Securities Lending Collateral* |
— | — | — | 4,582,758 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments in Securities |
$ | 34,115,472 | $ | 64,837,329 | $ | — | $ | 103,535,559 | ||||||||
|
|
|
|
|
|
|
|
* | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. |
For further information regarding security characteristics, see the Schedule of Investments.
Below is a reconciliation that details the transfer of securities between Level 1 and Level 2 during the reporting period:
Description |
Investments in Securities | |||
Transfers into Level 1 |
$ | 1,126,227 | ||
Transfers out of Level 1 |
(833,881 | ) | ||
|
|
|||
Net Transfers into/(out of) Level 1 |
$ | 292,346 | ||
|
|
|||
Transfers into Level 2 |
$ | 833,881 | ||
Transfers out of Level 2 |
(1,126,227 | ) | ||
|
|
|||
Net Transfers into/(out of) Level 2 |
$ | (292,346 | ) | |
|
|
Transfers between Level 1 and Level 2 were made due to valuation adjustments for certain foreign common stocks applied at the beginning or end of the reporting period when correlation patterns of price movements of foreign securities to the intraday trading in the U.S. markets reached the Fund’s predeterminded threshold.
There were no transfers in or out of Level 3. Transfers between levels are recognized at the end of the reporting period.
GuideMark® Small/Mid Cap Core Fund
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Common Stocks |
$ | 53,186,867 | $ | — | $ | 0 | $ | 53,186,867 | ||||||||
Investment Companies |
1,993,529 | — | — | 1,993,529 | ||||||||||||
Real Estate Investment Trusts |
3,300,294 | — | — | 3,300,294 | ||||||||||||
Rights |
— | — | 0 | 0 | ||||||||||||
Short Term Investments |
259,479 | — | — | 259,479 | ||||||||||||
Investments Purchased with Proceeds from Securities Lending Collateral* |
— | — | — | 11,194,400 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments in Securities |
$ | 58,740,169 | $ | — | $ | — | $ | 69,934,569 | ||||||||
|
|
|
|
|
|
|
|
* | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. |
For further information regarding security characteristics, see the Schedule of Investments. There were no transfers in or out of Levels 1, 2 or 3. Transfers between levels are recognized at the end of the reporting period.
Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value.
Description |
Common Stocks | Rights | ||||||
Balance as of April 1, 2018 |
$ | 0 | $ | 0 | ||||
Purchases |
— | — | ||||||
Sales proceeds and paydowns |
— | — | ||||||
Accreted discounts, net |
— | — | ||||||
Realized gain (loss) |
— | — | ||||||
Change in unrealized appreciation (depreciation) |
— | — | ||||||
Transfers into/(out of) Level 3 |
— | — | ||||||
|
|
|
|
|||||
Balance as of June 30, 2018 |
$ | 0 | $ | 0 | ||||
|
|
|
|
|||||
Change in unrealized appreciation (depreciation) during the period for Level 3 investments held at June 30, 2018. |
$ | — | $ | — | ||||
|
|
|
|
GuideMark® World ex-US Fund
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Common Stocks |
||||||||||||||||
Constuction& Engineering |
$ | 669,691 | $ | — | $ | — | $ | 669,691 | ||||||||
Consumer Discretionary |
2,001,216 | 32,039,363 | — | 34,040,579 | ||||||||||||
Consumer Staples |
1,759,861 | 23,335,764 | — | 25,095,625 | ||||||||||||
Energy |
1,158,512 | 7,414,975 | — | 8,573,487 | ||||||||||||
Financials |
6,951,237 | 29,498,751 | — | 36,449,988 | ||||||||||||
Health Care |
1,586,745 | 17,674,409 | — | 19,261,154 | ||||||||||||
Industrials |
669,485 | 21,832,944 | — | 22,502,429 | ||||||||||||
Information Technology |
1,480,373 | 16,442,788 | — | 17,923,161 | ||||||||||||
Materials |
1,274,592 | 12,882,751 | — | 14,157,343 | ||||||||||||
Real Estate |
— | 2,306,246 | — | 2,306,246 | ||||||||||||
Telecommunication Services |
— | 3,523,207 | — | 3,523,207 | ||||||||||||
Utilities |
119,593 | 3,704,128 | — | 3,823,721 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Common Stocks |
17,671,305 | 170,655,326 | — | 188,326,631 | ||||||||||||
Investment Companies |
9,053,492 | — | — | 9,053,492 | ||||||||||||
Participatory Notes |
— | 57,540 | — | 57,540 | ||||||||||||
Preferred Stocks |
||||||||||||||||
Consumer Discretionary |
— | 337,632 | — | 337,632 | ||||||||||||
Health Care |
— | 173,882 | — | 173,882 | ||||||||||||
Materials |
— | 296,617 | — | 296,617 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Preferred Stocks |
— | 808,131 | — | 808,131 | ||||||||||||
Real Estate Investment Trusts |
— | 1,060,533 | — | 1,060,533 | ||||||||||||
Rights |
— | — | 0 | $ | 0 | |||||||||||
Short Term Investments |
1,517,145 | — | — | 1,517,145 | ||||||||||||
Investments Purchased with Proceeds from Securities Lending Collateral* |
— | — | — | 1,569,760 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments in Securities |
$ | 28,241,942 | $ | 172,581,530 | $ | 0 | $ | 202,393,232 | ||||||||
|
|
|
|
|
|
|
|
* | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. |
For further information regarding security characteristics, see the Schedule of Investments.
Below is a reconciliation that details the transfer of securities between Level 1 and Level 2 during the reporting period:
Description |
Investments in Securities | |||
Transfers into Level 1 |
$ | 366,701 | ||
Transfers out of Level 1 |
— | |||
|
|
|||
Net Transfers into/(out of) Level 1 |
$ | 366,701 | ||
|
|
|||
Transfers into Level 2 |
$ | — | ||
Transfers out of Level 2 |
(366,701 | ) | ||
|
|
|||
Net Transfers into/(out of) Level 2 |
$ | (366,701 | ) | |
|
|
Transfers between Level 1 and Level 2 were made due to valuation adjustments for certain foreign common stocks applied at the beginning or end of the reporting period when correlation patterns of price movements of foreign securities to the intraday trading in the U.S. markets reached the Fund’s predeterminded threshold.
There were no transfers in or out of Level 3. Transfers between levels are recognized at the end of the reporting period.
Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value.
Description |
Rights | |||
Balance as of April 1, 2018 |
$ | — | ||
Purchases |
0 | |||
Sales proceeds and paydowns |
— | |||
Accreted discounts, net |
— | |||
Realized gain (loss) |
— | |||
Change in unrealized appreciation (depreciation) |
— | |||
Transfers into/(out of) Level 3 |
— | |||
|
|
|||
Balance as of June 30, 2018 |
$ | 0 | ||
|
|
|||
Change in unrealized appreciation (depreciation) during the period for Level 3 investments held at June 30, 2018. |
$ | — | ||
|
|
GuideMark® Core Fixed Income Fund
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Fixed Income |
||||||||||||||||
Asset Backed Securities |
$ | — | $ | 26,290,779 | $ | 179,963 | $ | 26,470,742 | ||||||||
Collateralized Mortgage Obligations |
— | 14,618,139 | — | 14,618,139 | ||||||||||||
Corporate Obligations |
— | 40,081,373 | — | 40,081,373 | ||||||||||||
Foreign Government Debt Obligations |
— | 1,264,507 | — | 1,264,507 | ||||||||||||
Mortgage Backed Securities—U.S. Government Agency |
— | 49,487,348 | — | 49,487,348 | ||||||||||||
Municipal Debt Obligations |
— | 387,083 | — | 387,083 | ||||||||||||
U.S. Treasury Obligations |
— | 19,959,371 | — | 19,959,371 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Fixed Income |
— | 152,088,601 | 179,963 | 152,268,564 | ||||||||||||
Swaptions |
— | 104,718 | 104,718 | |||||||||||||
Short Term Investments |
2,033,634 | — | — | 2,033,634 | ||||||||||||
Investments Purchased with Proceeds from Securities Lending Collateral* |
— | — | — | 2,578,725 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments in Securities |
$ | 2,033,634 | $ | 152,193,319 | $ | 179,963 | $ | 156,985,640 | ||||||||
|
|
|
|
|
|
|
|
|||||||||
Other Financial Instruments** |
||||||||||||||||
Futures |
$ | 17,334 | $ | — | $ | — | $ | 17,334 | ||||||||
Swaps |
— | 378,765 | — | 378,765 |
* | Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Schedule of Investments. |
** | Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures and swaps. Futures and swaps are reflected as the unrealized appreciation (depreciation) on the instrument. |
For further information regarding security characteristics, see the Schedule of Investments. There were no transfers in or out of Levels 1, 2 or 3. Transfers between levels are recognized at the end of the reporting period.
Below is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value.
Description |
Asset Backed Securities | |||
Balance as of April 1, 2018 |
$ | 0 | ||
Purchases |
179,963 | |||
Sales proceeds and paydowns |
— | |||
Accreted discounts, net |
— | |||
Realized gain (loss) |
— | |||
Change in unrealized appreciation (depreciation) |
— | |||
Transfers into/(out of) Level 3 |
— | |||
|
|
|||
Balance as of June 30, 2018 |
$ | 179,963 | ||
|
|
|||
Change in unrealized appreciation (depreciation) during the period for Level 3 investments held at June 30, 2018. |
$ | — | ||
|
|
GuideMark® Tax-Exempt Fixed Income Fund
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Municipal Debt Obligations |
$ | — | $ | 26,644,322 | $ | — | $ | 26,644,322 | ||||||||
Short Term Investments |
16,033 | — | — | 16,033 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
Total Investments in Securities |
$ | 16,033 | $ | 26,644,322 | $ | — | $ | 26,660,355 | ||||||||
|
|
|
|
|
|
|
|
For further information regarding security characteristics, see the Schedule of Investments. There were no transfers in or out of Levels 1, 2 or 3. Transfers between levels are recognized at the end of the reporting period.
Derivative Instruments and Hedging Activities
The Trust has adopted derivative instruments disclosure standards, in order to enable the investor to understand how and why an entity used derivatives, how derivatives are accounted for, and how derivative instruments affect an entity’s results of operations and financial position.
In general, the use of derivatives may increase the risk within the Fund. The use of over-the-counter derivatives involves the risk that the counterparty to the contract will fail to make required payments or otherwise comply with the terms of the contract. The results achieved by the use of derivatives in the Fund may not match or fully offset changes in the value of the underlying financial assets being hedged or the investment opportunity the Fund was pursuing, thereby failing to achieve, to an extent, the original purpose for using the derivatives. Certain types of derivatives may create leverage insofar as a Fund may receive returns (or suffer losses) exceeding the initial amounts the Fund committed in connection with the derivatives. The use of derivatives can result in losses or gains to a Fund exceeding the amount the Fund would have experienced in the absence of using derivatives. A relatively small price movement in a derivative may result in an immediate and substantial loss, or gain, to the Fund.
GuideMark® Core Fixed Income Fund
During the period, the Fund used fixed income derivatives including U.S. Treasury futures and credit default swaps on investment grade fixed income indices (CDX), for both hedging and investment purposes, primarily duration management, risk management, and the pursuit of relative value opportunities. Futures contracts used in the Fund during the period included those based on short, medium, and long-term U.S. Treasury debt.
The Fund used futures contracts during the period primarily to manage interest rate risk. The Fund used investment grade CDX to efficiently manage investment grade credit exposure.
Statement of Assets and Liabilities—Values of Derivative Instruments as of June 30, 2018.
Asset Derivatives |
Liability Derivatives |
|||||||||||
Statement of Assets and Liabilities |
Value | Statement of Assets and
Liabilities |
Value | |||||||||
Credit Contracts—Swaps |
Appreciation on swap agreements | $ | — | Depreciation on swap agreements | $ | 265 | ||||||
Interest Rate Contracts—Swaps |
Appreciation on swap agreements | 456,557 | Depreciation on swap agreements | 77,527 | ||||||||
Interest Rate Contracts—Futures* |
Unrealized appreciation on futures contracts | 66,869 | Unrealized depreciation on futures contracts | 49,535 | ||||||||
|
|
|
|
|||||||||
Total |
$ | 523,426 | $ | 127,327 | ||||||||
|
|
|
|
* | Includes cumulative appreciation/depreciation as reported on the Schedule of Open Futures Contracts. |
The average monthly value outstanding of purchased and written options during the year ended June 30, 2018 were as follows:
Purchased Options |
$ | 75,492 | ||
Written Options |
— |
The average monthly notional amount outstanding of futures and swaps during the period ended June 30, 2018 were as follows:
Long Positions |
Short Positions |
|||||||||
Futures |
$ | 24,241,665 | Futures | ($ | 11,508,453 | ) | ||||
Swaps |
12,970,750 | Swaps | — |
Derivative Risks
The risks of using the various types of derivatives in which the Fund may engage include: the risk that movements in the value of the derivative may not fully offset or complement instruments currently held in the Fund in the manner intended by the Advisor or sub-advisor; the risk that the counterparty to a derivative contract may fail to comply with its obligations to the Fund; the risk that there may not be a liquid secondary market for the derivative at a time when the Fund would look to disengage the position; the risk that additional capital from the Fund may be called upon to fulfill the conditions of the derivative contract; the risk that the use of derivatives in the Fund may induce leverage in the Fund, and the risk that the cost of the derivative contracts may reduce the overall returns experienced by the Fund.
Secured Borrowings
The Trusts, on behalf of certain of the Funds, entered into securities lending arrangements with U.S. Bank, N.A. (the “Custodian”). Under the term of the agreement, the Custodian is authorized to loan securities on behalf of the Funds to approved brokers. In exchange, under normal market conditions, the Funds receive cash collateral in the amount of at least 102% of the value of securities loaned for domestic securities, and 105% of the value of securities loaned with respect to foreign securities. The cash collateral is invested in short term instruments as noted in the Schedule of Investments. Although risk is mitigated by the collateral, the Funds could experience a delay in recovering their securities and possible loss of income or value if the borrower fails to return the borrowed securities. In addition, the Funds bear the risk of loss associated with the investment of cash collateral received. After predetermined rebates to brokers, a percentage of the net securities lending revenue is credited to the Funds to be used as an offset against custody costs and other charges incurred by the Funds. The Custodian is paid a fee for administering a securities lending program for the Funds, equal to the remaining percentage of the net securities lending revenues generated under the agreement.
As of June 30, 2018, the Funds (excluding the Tax-Exempt Fixed Income Fund) had loaned securities that were collateralized by cash. The cash collateral received was invested in securities as listed in each Fund’s Schedule of Investments. Income earned from these investments is allocated to each Fund based on each Fund’s portion of total cash collateral received.
Securities Lending Transactions
Overnight and Continuous |
Investments Purchased with Proceeds from Securities Lending |
|||
Large Cap Core Fund |
$ | 29,561,320 | ||
Emerging Markets Fund |
4,582,758 | |||
Small/Mid Cap Core Fund |
11,194,400 | |||
World ex-US Fund |
1,569,760 | |||
Core Fixed Income Fund |
2,578,725 | |||
Tax-Exempt Fixed Income Fund |
— |
Item 2. Controls and Procedures.
(a) | The Registrant’s President and Treasurer have concluded that the Registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) (17 CFR 270.30a-3(c)) are effective as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or Rule 15d-15(b) under the Securities Exchange Act of 1934, as amended (17 CFR 240.13a-15(b) or 240.15d-15(d)). |
(b) | There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) (17 CFR 270.30a-3(d)) that occurred during the Registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting. |
Item 3. Exhibits.
Separate certifications for each principal executive officer and principal financial officer of the Registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)). Filed herewith.
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.
(Registrant) | GPS Funds I |
By (Signature and Title) | /s/ Carrie E. Hansen | |
Carrie E. Hansen | ||
Principal Executive Officer/President |
Date | 08/28/2018 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By (Signature and Title) | /s/ Carrie E. Hansen | |
Carrie E. Hansen | ||
Principal Executive Officer/President |
Date | 08/28/2018 |
By (Signature and Title) | /s/ Patrick R. Young | |
Patrick R. Young | ||
Principal Financial Officer/Treasurer |
Date | 08/28/2018 |
This ‘N-Q’ Filing | Date | Other Filings | ||
---|---|---|---|---|
3/31/19 | None on these Dates | |||
Filed on / Effective on: | 8/28/18 | |||
For Period End: | 6/30/18 | |||
4/1/18 | ||||
List all Filings |