Form NPORT-P PGIM ETF TRUST For: Nov 30

January 24, 2022 9:16 AM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

  
    NPORT-P
    false
    
      
      
        
          0001727074
          XXXXXXXX
        
      
      
      
      
        S000071448
        C000226599
      
      
      
    
  
  
    
      PGIM ETF TRUST
      811-23324
      0001727074
      549300OXS91LYTDQF355
      655 Broad Street, 17th Floor
      NULL
      Newark
      
      07102
      800-225-1852
      PGIM Active Aggregate Bond ETF
      S000071448
      549300KFPDHWRO1PJP18
      2022-08-31
      2021-11-30
      N
    
    
      36150347.81
      9665492.64
      26484855.17
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      9797388.02
      0.00000000
      0.00000000
      16814.23000000
      
        
          USD
          
          
        
      
      
      
      N
      
        
          
        
        
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
          
            
            
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
            
              
              
              
            
          
        
        
        
        
      
      
      
      
      
    
    
      
        ORACLE CORP 3.85% 04/01/60
        1Z4GXXU7ZHVWFCD8TV52
        ORACLE CORP REGD 3.85000000
        68389XBY0
        
          
        
        8000.00000000
        NS
        USD
        8332.82000000
        0.031462584735
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2060-04-01
          Fixed
          3.85000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AT&T INC 3.5% 09/15/53
        549300Z40J86GGSTL398
        AT&T INC REGD 3.50000000
        00206RKJ0
        
          
        
        90000.00000000
        NS
        USD
        90902.83000000
        0.343225701694
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2053-09-15
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UMBS P#MA4423 2.5% 09/01/41
        N/A
        FANNIE MAE POOL UMBS P#MA4423 2.50000000
        31418D4H2
        
          
        
        492194.83000000
        NS
        USD
        510632.12000000
        1.928015527071
        Long
        ABS-MBS
        USGSE
        US
        N
        
        2
        
          2041-09-01
          Fixed
          2.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CONTINENTAL RE 2.268% 11/15/26
        XXRTID9RYWOZ0UPIVR53
        CONTINENTAL RESOURCES REGD 144A P/P 2.26800000
        212015AU5
        
          
        
        15000.00000000
        NS
        USD
        14816.20000000
        0.055942159792
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-11-15
          Fixed
          2.26800000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STANFORD HEALT 3.027% 08/15/51
        N/A
        STANFORD HEALTH CARE REGD 3.02700000
        85434VAC2
        
          
        
        20000.00000000
        NS
        USD
        21762.47000000
        0.082169488412
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2051-08-15
          Fixed
          3.02700000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HOST HOTELS & RE 2.9% 12/15/31
        N/A
        HOST HOTELS & RESORTS LP REGD SER J 2.90000000
        44107TBA3
        
          
        
        5000.00000000
        NS
        USD
        4865.56000000
        0.018371102914
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-12-15
          Fixed
          2.90000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MASS INSTITUTE 2.989% 07/01/50
        DLZO3A31IADZ27B62557
        MASS INSTITUTE OF TECH REGD SER F 2.98900000
        575718AG6
        
          
        
        10000.00000000
        NS
        USD
        11318.38000000
        0.042735291272
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-07-01
          Fixed
          2.98900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BMIR 2021-2A M1A V/R 06/25/31
        N/A
        BELLEMEADE RE LTD SER 2021-2A CL M1A V/R REGD 144A P/P 1.24967000
        07876AAA1
        
          
        
        150000.00000000
        NS
        USD
        149842.77000000
        0.565767753073
        Long
        ABS-CBDO
        CORP
        BM
        Y
        
        2
        
          2031-06-25
          Variable
          1.24967000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CANADIAN NATL R 2.95% 01/15/23
        549300T15RIMIKZC5Q38
        CANADIAN NATL RESOURCES REGD 2.95000000
        136385AW1
        
          
        
        42000.00000000
        NS
        USD
        42852.06000000
        0.161798355040
        Long
        DBT
        CORP
        CA
        N
        
        2
        
          2023-01-15
          Fixed
          2.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHARTER COMM O 6.384% 10/23/35
        N/A
        CHARTER COMM OPT LLC/CAP REGD SER WI 6.38400000
        161175AZ7
        
          
        
        25000.00000000
        NS
        USD
        32409.49000000
        0.122369897029
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2035-10-23
          Fixed
          6.38400000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JEFFERIES GRP  2.625% 10/15/31
        N/A
        JEFFERIES GRP LLC / CAP REGD 2.62500000
        47233JGT9
        
          
        
        25000.00000000
        NS
        USD
        24553.38000000
        0.092707246622
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-10-15
          Fixed
          2.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISCOVER FINANC 3.75% 03/04/25
        Z1YLO2USPORE63VVUL20
        DISCOVER FINANCIAL SVS REGD 3.75000000
        254709AL2
        
          
        
        21000.00000000
        NS
        USD
        22376.26000000
        0.084487001557
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-03-04
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PLAINS ALL AMER 5.15% 06/01/42
        N/A
        PLAINS ALL AMER PIPELINE REGD 5.15000000
        72650RBA9
        
          
        
        17000.00000000
        NS
        USD
        18883.01000000
        0.071297388182
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-06-01
          Fixed
          5.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS BDS 1.75% 08/15/41
        N/A
        UNITED STATES TREASURY BOND 1.75000000
        912810TA6
        
          
        
        21000.00000000
        NS
        USD
        20616.09000000
        0.077841052434
        Long
        DBT
        UST
        US
        N
        
        2
        
          2041-08-15
          Fixed
          1.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REPUBLIC OF INDO 3.5% 01/11/28
        N/A
        REPUBLIC OF INDONESIA REGD 3.50000000
        455780CD6
        
          
        
        200000.00000000
        NS
        USD
        216097.59000000
        0.815928909608
        Long
        DBT
        USGA
        ID
        N
        
        2
        
          2028-01-11
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BRIXMOR OPERATI 3.65% 06/15/24
        N/A
        BRIXMOR OPERATING PART REGD 3.65000000
        11120VAF0
        
          
        
        55000.00000000
        NS
        USD
        58005.65000000
        0.219014412681
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-06-15
          Fixed
          3.65000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ABBVIE INC 4.25% 11/21/49
        FR5LCKFTG8054YNNRU85
        ABBVIE INC REGD SER WI 4.25000000
        00287YCB3
        
          
        
        15000.00000000
        NS
        USD
        18080.70000000
        0.068268072013
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-11-21
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED MEXICAN  6.05% 01/11/40
        N/A
        UNITED MEXICAN STATES REGD MTN 6.05000000
        91086QAV0
        
          
        
        50000.00000000
        NS
        USD
        61447.79000000
        0.232011047844
        Long
        DBT
        USGA
        MX
        N
        
        2
        
          2040-01-11
          Fixed
          6.05000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHARTER COMM OPT 4.8% 03/01/50
        N/A
        CHARTER COMM OPT LLC/CAP REGD 4.80000000
        161175BT0
        
          
        
        64000.00000000
        NS
        USD
        72122.86000000
        0.272317366045
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-03-01
          Fixed
          4.80000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EXXON MOBIL CO 3.452% 04/15/51
        J3WHBG0MTS7O8ZVMDC91
        EXXON MOBIL CORPORATION REGD 3.45200000
        30231GBM3
        
          
        
        8000.00000000
        NS
        USD
        8772.39000000
        0.033122287978
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2051-04-15
          Fixed
          3.45200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RMRK 2021-4A A1 V/R 07/10/34
        N/A
        ROMARK CLO IV LTD SER 2021-4A CL A1 V/R REGD 144A P/P 1.32027000
        77588LAA9
        
          
        
        400000.00000000
        NS
        USD
        399322.36000000
        1.507738507297
        Long
        ABS-CBDO
        CORP
        KY
        Y
        
        2
        
          2034-07-10
          Variable
          1.32027000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW JERSEY ST  7.414% 01/01/40
        5493005YN67D71KSMI84
        NEW JERSEY ST TURNPIKE AUTH REGD N/C B/E 7.41400000
        646139W35
        
          
        
        10000.00000000
        NS
        USD
        16561.43000000
        0.062531699319
        Long
        DBT
        MUN
        US
        N
        
        2
        
          2040-01-01
          Fixed
          7.41400000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FNMA 30YR TBA 4.0% DEC 21
        N/A
        FNMA 30YR TBA 4.0% DEC 21      TO BE ANNOUNCED 4.00000000
        01F0406C6
        
          
        
        250000.00000000
        NS
        USD
        266385.00000000
        1.005801233535
        Long
        ABS-MBS
        USGA
        US
        N
        
        2
        
          2051-12-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T-MOBILE USA INC 3% 02/15/41
        N/A
        T-MOBILE USA INC REGD SER WI 3.00000000
        87264ABL8
        
          
        
        30000.00000000
        NS
        USD
        28623.66000000
        0.108075576839
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2041-02-15
          Fixed
          3.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENERGY TRANSFER 4.95% 06/15/28
        MTLVN9N7JE8MIBIJ1H73
        ENERGY TRANSFER LP REGD SER 10Y 4.95000000
        29278NAF0
        
          
        
        38000.00000000
        NS
        USD
        42941.38000000
        0.162135604383
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-06-15
          Fixed
          4.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FNMA TBA 30YR 3% JAN 22
        N/A
        FNMA TBA 30YR 3% JAN 22        TO BE ANNOUNCED 3.00000000
        01F030611
        
          
        
        500000.00000000
        NS
        USD
        518555.00000000
        1.957930283822
        Long
        ABS-MBS
        USGA
        US
        N
        
        2
        
          2052-01-01
          Fixed
          3.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JPMORGAN CHASE &  V/R 01/23/29
        8I5DZWZKVSZI1NUHU748
        JPMORGAN CHASE & CO REGD V/R 3.50900000
        46647PAM8
        
          
        
        150000.00000000
        NS
        USD
        161174.46000000
        0.608553299481
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-01-23
          Variable
          3.50900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CATERPILLAR INC 2.6% 09/19/29
        WRJR7GS4GTRECRRTVX92
        CATERPILLAR INC REGD 2.60000000
        149123CG4
        
          
        
        13000.00000000
        NS
        USD
        13632.41000000
        0.051472473277
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-09-19
          Fixed
          2.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COX COMMUNICATI 3.15% 08/15/24
        N/A
        COX COMMUNICATIONS INC REGD 144A P/P 3.15000000
        224044CH8
        
          
        
        13000.00000000
        NS
        USD
        13605.49000000
        0.051370830282
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-08-15
          Fixed
          3.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CENOVUS ENERGY  4.25% 04/15/27
        549300NKHFE6ZRF37I48
        CENOVUS ENERGY INC REGD SER WI 4.25000000
        15135UAM1
        
          
        
        13000.00000000
        NS
        USD
        14150.53000000
        0.053428761113
        Long
        DBT
        CORP
        CA
        N
        
        2
        
          2027-04-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T-MOBILE USA IN 2.05% 02/15/28
        N/A
        T-MOBILE USA INC REGD SER WI 2.05000000
        87264ACA1
        
          
        
        21000.00000000
        NS
        USD
        20672.98000000
        0.078055854439
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-02-15
          Fixed
          2.05000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AT&T INC 4.5% 05/15/35
        549300Z40J86GGSTL398
        AT&T INC REGD 4.50000000
        00206RCP5
        
          
        
        20000.00000000
        NS
        USD
        23031.76000000
        0.086962000932
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2035-05-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BANK OF AMERICA 4.45% 03/03/26
        9DJT3UXIJIZJI4WXO774
        BANK OF AMERICA CORP REGD MTN 4.45000000
        06051GFU8
        
          
        
        115000.00000000
        NS
        USD
        126610.00000000
        0.478046790089
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-03-03
          Fixed
          4.45000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MDPK 2019-34A AR V/R 04/25/32
        N/A
        MADISON PARK FUNDING XXXIV LTD SER 2019-34A CL AR V/R REGD 144A P/P 1.24388000
        55819GAL3
        
          
        
        400000.00000000
        NS
        USD
        400076.12000000
        1.510584511155
        Long
        ABS-CBDO
        CORP
        KY
        Y
        
        2
        
          2032-04-25
          Variable
          1.24388000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PHILLIPS 66 PAR 3.55% 10/01/26
        N/A
        PHILLIPS 66 PARTNERS LP REGD 3.55000000
        718549AD0
        
          
        
        17000.00000000
        NS
        USD
        18167.47000000
        0.068595693211
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-10-01
          Fixed
          3.55000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CENTERPOINT ENER 4.1% 09/01/47
        N/A
        CENTERPOINT ENERGY RES REGD 4.10000000
        15189WAJ9
        
          
        
        21000.00000000
        NS
        USD
        24845.15000000
        0.093808895085
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2047-09-01
          Fixed
          4.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FNMA 30YR TBA 2.5% DEC21
        N/A
        FNMA 30YR TBA 2.5% DEC21       TO BE ANNOUNCED 2.50000000
        01F0226C4
        
          
        
        750000.00000000
        NS
        USD
        768720.00000000
        2.902488969887
        Long
        ABS-MBS
        USGA
        US
        N
        
        2
        
          2051-12-01
          Fixed
          2.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 1.5% 11/30/28
        N/A
        UNITED STATES TREASURY NOTE 1.50000000
        91282CDL2
        
          
        
        105000.00000000
        NS
        USD
        105918.75000000
        0.399921952829
        Long
        DBT
        UST
        US
        N
        
        2
        
          2028-11-30
          Fixed
          1.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITED AIR 2013- 4.3% 08/15/25
        N/A
        UNITED AIR 2013-1 A PTT REGD SER A 4.30000000
        909319AA3
        
          
        
        9794.38000000
        NS
        USD
        10333.11000000
        0.039015165209
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-08-15
          Fixed
          4.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRANSCONT GAS P 3.25% 05/15/30
        N/A
        TRANSCONT GAS PIPE LINE REGD SER WI 3.25000000
        893574AP8
        
          
        
        21000.00000000
        NS
        USD
        22107.45000000
        0.083472044147
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-05-15
          Fixed
          3.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MORGAN STANLEY V/R 04/28/32
        IGJSJL3JD5P30I6NJZ34
        MORGAN STANLEY REGD V/R MTN 1.92800000
        6174468X0
        
          
        
        90000.00000000
        NS
        USD
        86085.08000000
        0.325035117041
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-04-28
          Variable
          1.92800000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MISSISSIPPI POW 4.25% 03/15/42
        N/A
        MISSISSIPPI POWER CO REGD SER 12-A 4.25000000
        605417BZ6
        
          
        
        13000.00000000
        NS
        USD
        15318.33000000
        0.057838073501
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-03-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FMC CORP 4.5% 10/01/49
        CKDHZ2X64EEBQCSP7013
        FMC CORP REGD 4.50000000
        302491AV7
        
          
        
        13000.00000000
        NS
        USD
        15924.78000000
        0.060127872694
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-10-01
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANHEUSER-BUSCH C 4.9% 02/01/46
        N/A
        ANHEUSER-BUSCH CO/INBEV REGD SER * 4.90000000
        03522AAJ9
        
          
        
        72000.00000000
        NS
        USD
        91433.87000000
        0.345230772126
        Long
        DBT
        CORP
        US
        
        N
        
        2
        
          2046-02-01
          Fixed
          4.90000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEXTERA ENERGY C 2.8% 01/15/23
        N/A
        NEXTERA ENERGY CAPITAL REGD 2.80000000
        65339KAW0
        
          
        
        21000.00000000
        NS
        USD
        21515.09000000
        0.081235445170
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-01-15
          Fixed
          2.80000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JPMORGAN CHASE  4.25% 10/01/27
        8I5DZWZKVSZI1NUHU748
        JPMORGAN CHASE & CO REGD 4.25000000
        46625HNJ5
        
          
        
        21000.00000000
        NS
        USD
        23463.10000000
        0.088590629812
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-10-01
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REALTY INCOME CO 2.2% 06/15/28
        549300CUWDAUZSH43859
        REALTY INCOME CORP REGD 2.20000000
        756109BJ2
        
          
        
        10000.00000000
        NS
        USD
        10090.14000000
        0.038097772992
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-06-15
          Fixed
          2.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CENOVUS ENERGY  3.75% 02/15/52
        549300NKHFE6ZRF37I48
        CENOVUS ENERGY INC REGD 3.75000000
        15135UAX7
        
          
        
        5000.00000000
        NS
        USD
        4928.37000000
        0.018608257316
        Long
        DBT
        CORP
        CA
        N
        
        2
        
          2052-02-15
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PUGET ENERGY I 2.379% 06/15/28
        N/A
        PUGET ENERGY INC REGD 2.37900000
        745310AM4
        
          
        
        5000.00000000
        NS
        USD
        4982.11000000
        0.018811165732
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-06-15
          Fixed
          2.37900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CIGNA CORP 2.4% 03/15/30
        549300VIWYMSIGT1U456
        CIGNA CORP REGD 2.40000000
        125523CL2
        
          
        
        38000.00000000
        NS
        USD
        38037.67000000
        0.143620456883
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-03-15
          Fixed
          2.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PUBLIC SERVICE E 3.6% 12/01/47
        N/A
        PUBLIC SERVICE ELECTRIC REGD MTN 3.60000000
        74456QBT2
        
          
        
        13000.00000000
        NS
        USD
        15095.31000000
        0.056996007352
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2047-12-01
          Fixed
          3.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JOHNSON & JOHNS 2.45% 09/01/60
        549300G0CFPGEF6X2043
        JOHNSON & JOHNSON REGD 2.45000000
        478160CT9
        
          
        
        8000.00000000
        NS
        USD
        7685.67000000
        0.029019112812
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2060-09-01
          Fixed
          2.45000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        COMCAST CORP 3.999% 11/01/49
        51M0QTTNCGUN7KFCFZ59
        COMCAST CORP REGD SER WI 3.99900000
        20030NCE9
        
          
        
        42000.00000000
        NS
        USD
        49010.16000000
        0.185049756494
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-11-01
          Fixed
          3.99900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HLM 10A-16 A1RR V/R 04/20/34
        N/A
        HPS LOAN MANAGEMENT 10-2016 LTD SER 10A-16 CL A1RR V/R REGD 144A P/P 1.27150000
        40436TAS5
        
          
        
        250000.00000000
        NS
        USD
        249873.95000000
        0.943459756136
        Long
        ABS-CBDO
        CORP
        KY
        Y
        
        2
        
          2034-04-20
          Variable
          1.27150000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DTE ELECTRIC CO 4.05% 05/15/48
        N/A
        DTE ELECTRIC CO REGD SER A 4.05000000
        23338VAH9
        
          
        
        21000.00000000
        NS
        USD
        25695.94000000
        0.097021259263
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2048-05-15
          Fixed
          4.05000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NUTRIEN LTD 4.9% 06/01/43
        5493002QQ7GD21OWF963
        NUTRIEN LTD REGD 4.90000000
        67077MAR9
        
          
        
        21000.00000000
        NS
        USD
        27165.97000000
        0.102571714384
        Long
        DBT
        CORP
        CA
        N
        
        2
        
          2043-06-01
          Fixed
          4.90000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TOYOTA MOTOR CRE 0.8% 10/16/25
        N/A
        TOYOTA MOTOR CREDIT CORP REGD MTN 0.80000000
        89236THP3
        
          
        
        17000.00000000
        NS
        USD
        16611.50000000
        0.062720750758
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-10-16
          Fixed
          0.80000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CARLISLE COS INC 2.2% 03/01/32
        XR64VGX1ZPX6G7ZN7Z11
        CARLISLE COS INC REGD 2.20000000
        142339AL4
        
          
        
        30000.00000000
        NS
        USD
        28997.73000000
        0.109487968931
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-03-01
          Fixed
          2.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMEREN CORP 2.5% 09/15/24
        XRZQ5S7HYJFPHJ78L959
        AMEREN CORP REGD 2.50000000
        023608AH5
        
          
        
        21000.00000000
        NS
        USD
        21637.99000000
        0.081699483954
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-09-15
          Fixed
          2.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 1.25% 09/30/28
        N/A
        UNITED STATES TREASURY NOTE 1.25000000
        91282CCY5
        
          
        
        5000.00000000
        NS
        USD
        4963.28000000
        0.018740068496
        Long
        DBT
        UST
        US
        N
        
        2
        
          2028-09-30
          Fixed
          1.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NORTHERN STATES  3.4% 08/15/42
        N/A
        NORTHERN STATES PWR-MINN REGD 3.40000000
        665772CJ6
        
          
        
        34000.00000000
        NS
        USD
        37366.50000000
        0.141086291618
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-08-15
          Fixed
          3.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WFCM 2021-C59 1.958% 04/15/28
        N/A
        WELLS FARGO COMMERCIAL MORTGAGE TRUST 2021-C59 SER 2021-C59 CL A3 REGD 1.95800000
        95003CAC4
        
          
        
        350000.00000000
        NS
        USD
        346453.24000000
        1.308118310544
        Long
        ABS-CBDO
        CORP
        US
        N
        
        2
        
          2054-04-15
          Fixed
          1.95800000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BANK OF AMERIC 4.125% 01/22/24
        9DJT3UXIJIZJI4WXO774
        BANK OF AMERICA CORP REGD MTN 4.12500000
        06051GFB0
        
          
        
        55000.00000000
        NS
        USD
        58591.42000000
        0.221226129514
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-01-22
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS BDS 2% 8/15/51
        N/A
        UNITED STATES TREASURY BOND 2.00000000
        912810SZ2
        
          
        
        45000.00000000
        NS
        USD
        47130.47000000
        0.177952530597
        Long
        DBT
        UST
        US
        N
        
        2
        
          2051-08-15
          Fixed
          2.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NRG ENERGY INC 3.75% 06/15/24
        5E2UPK5SW04M13XY7I38
        NRG ENERGY INC REGD 144A P/P 3.75000000
        629377CK6
        
          
        
        17000.00000000
        NS
        USD
        17767.23000000
        0.067084489931
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-06-15
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PLAINS ALL AMER  4.5% 12/15/26
        N/A
        PLAINS ALL AMER PIPELINE REGD 4.50000000
        72650RBL5
        
          
        
        17000.00000000
        NS
        USD
        18564.77000000
        0.070095795807
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-12-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NY & PRESBYTER 4.024% 08/01/45
        N/A
        NY & PRESBYTERIAN HOSPIT REGD 4.02400000
        649322AA2
        
          
        
        10000.00000000
        NS
        USD
        12737.45000000
        0.048093334542
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2045-08-01
          Fixed
          4.02400000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARKEL CORP 4.15% 09/17/50
        549300SCNO12JLWIK605
        MARKEL CORP REGD 4.15000000
        570535AV6
        
          
        
        17000.00000000
        NS
        USD
        20234.08000000
        0.076398680944
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-09-17
          Fixed
          4.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HELMERICH & PAYN 2.9% 09/29/31
        254900NAOGHJ88RZ4C73
        HELMERICH & PAYNE INC REGD 144A P/P 2.90000000
        423452AE1
        
          
        
        30000.00000000
        NS
        USD
        29537.84000000
        0.111527285350
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2031-09-29
          Fixed
          2.90000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENTERPRISE PRO 3.125% 07/31/29
        N/A
        ENTERPRISE PRODUCTS OPER REGD 3.12500000
        29379VBV4
        
          
        
        30000.00000000
        NS
        USD
        31813.14000000
        0.120118232838
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-07-31
          Fixed
          3.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GNMA TBA 30 UR 2.5% DEC 21
        N/A
        GNMA TBA 30 UR 2.5% DEC 21     TO BE ANNOUNCED 2.50000000
        21H0226C0
        
          
        
        250000.00000000
        NS
        USD
        256812.50000000
        0.969657936022
        Long
        ABS-MBS
        USGA
        US
        N
        
        2
        
          2051-12-01
          Fixed
          2.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CONOCOPHILLIPS 4.3% 08/15/28
        WPTL2Z3FIYTHSP5V2253
        CONOCOPHILLIPS REGD 144A P/P 4.30000000
        20825CAX2
        
          
        
        42000.00000000
        NS
        USD
        47521.24000000
        0.179427977593
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2028-08-15
          Fixed
          4.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISCOVERY COMM 3.625% 05/15/30
        N/A
        DISCOVERY COMMUNICATIONS REGD 3.62500000
        25470DBJ7
        
          
        
        25000.00000000
        NS
        USD
        26774.35000000
        0.101093058006
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-05-15
          Fixed
          3.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DUKE ENERGY FLOR 2.4% 12/15/31
        N/A
        DUKE ENERGY FLORIDA LLC REGD 2.40000000
        26444HAK7
        
          
        
        50000.00000000
        NS
        USD
        50420.47000000
        0.190374724257
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-12-15
          Fixed
          2.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTHERN COPPER 5.25% 11/08/42
        N/A
        SOUTHERN COPPER CORP REGD 5.25000000
        84265VAG0
        
          
        
        10000.00000000
        NS
        USD
        12442.07000000
        0.046978055647
        Long
        DBT
        CORP
        US
        
        N
        
        2
        
          2042-11-08
          Fixed
          5.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CIGNA CORP 4.375% 10/15/28
        549300VIWYMSIGT1U456
        CIGNA CORP REGD SER WI 4.37500000
        125523AH3
        
          
        
        30000.00000000
        NS
        USD
        34037.87000000
        0.128518241015
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-10-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NISOURCE INC 3.49% 05/15/27
        549300D8GOWWH0SJB189
        NISOURCE INC REGD 3.49000000
        65473QBE2
        
          
        
        13000.00000000
        NS
        USD
        13980.97000000
        0.052788546171
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-05-15
          Fixed
          3.49000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CENOVUS ENERGY I 5.4% 06/15/47
        549300NKHFE6ZRF37I48
        CENOVUS ENERGY INC REGD SER WI 5.40000000
        15135UAR0
        
          
        
        17000.00000000
        NS
        USD
        20956.65000000
        0.079126919386
        Long
        DBT
        CORP
        CA
        N
        
        2
        
          2047-06-15
          Fixed
          5.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DOMINION ENERGY  4.6% 06/15/43
        N/A
        DOMINION ENERGY SOUTH REGD 4.60000000
        837004CG3
        
          
        
        17000.00000000
        NS
        USD
        21241.06000000
        0.080200778383
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2043-06-15
          Fixed
          4.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHUBB INA HOLDIN 2.7% 03/13/23
        N/A
        CHUBB INA HOLDINGS INC REGD 2.70000000
        00440EAP2
        
          
        
        8000.00000000
        NS
        USD
        8207.12000000
        0.030987973871
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-03-13
          Fixed
          2.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MORGAN STANLEY V/R 07/21/32
        IGJSJL3JD5P30I6NJZ34
        MORGAN STANLEY REGD V/R MTN SER GMTN 2.23900000
        61747YED3
        
          
        
        40000.00000000
        NS
        USD
        39198.49000000
        0.148003414586
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-07-21
          Variable
          2.23900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREASURYS ZCP 02/15/46
        N/A
        UNITED STATES TREASURY STRIP COUPON ZCP 0.00000000
        912834PZ5
        
          
        
        450000.00000000
        NS
        USD
        281267.58000000
        1.061994027132
        Long
        DBT
        UST
        US
        N
        
        2
        
          2046-02-15
          Fixed
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIAMONDBACK EN 2.875% 12/01/24
        549300R22LSX6OHWEN64
        DIAMONDBACK ENERGY INC REGD 2.87500000
        25278XAL3
        
          
        
        21000.00000000
        NS
        USD
        21785.99000000
        0.082258293882
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-12-01
          Fixed
          2.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SENTARA HEALTH 2.927% 11/01/51
        5493002B0YWN6UH30V71
        SENTARA HEALTHCARE REGD SER 2021 2.92700000
        81728XAA6
        
          
        
        15000.00000000
        NS
        USD
        15855.47000000
        0.059866175964
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2051-11-01
          Fixed
          2.92700000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PRINCIPAL FINA 4.625% 09/15/42
        CUMYEZJOAF02RYZ1JJ85
        PRINCIPAL FINANCIAL GRP REGD 4.62500000
        74251VAF9
        
          
        
        17000.00000000
        NS
        USD
        21465.65000000
        0.081048772448
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-09-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 0.375% 01/31/26
        N/A
        UNITED STATES TREASURY NOTE 0.37500000
        91282CBH3
        
          
        
        50000.00000000
        NS
        USD
        48550.78000000
        0.183315255788
        Long
        DBT
        UST
        US
        N
        
        2
        
          2026-01-31
          Fixed
          0.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US 10YR ULTRA FUT MAR22
        N/A
        FUTURE CONTRACT ON           US 10YR ULTRA FUT MAR22 0.00000000
        N/A
        
          
        
        -7.00000000
        NC
        USD
        -1028234.38000000
        -3.88234850974
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              JP MORGAN CHASE BANK
              7H6GLXDRUGQFU57RNE97
            
            Short
            
              
                F/C US 10YR ULTRA FUT MAR22
                US 10YR ULTRA FUT MAR22
                
                  
                
              
            
            2022-03-22
            1007273.88000000
            USD
            -20960.50000000
          
        
        
          N
          N
          N
        
      
      
        DOW CHEMICAL CO/ 3.6% 11/15/50
        N/A
        DOW CHEMICAL CO/THE REGD 3.60000000
        260543DD2
        
          
        
        17000.00000000
        NS
        USD
        18647.32000000
        0.070407483372
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-11-15
          Fixed
          3.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PFIZER INC 2.55% 05/28/40
        765LHXWGK1KXCLTFYQ30
        PFIZER INC REGD 2.55000000
        717081EZ2
        
          
        
        13000.00000000
        NS
        USD
        12947.01000000
        0.048884579194
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2040-05-28
          Fixed
          2.55000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GENERAL MOTORS F 3.7% 05/09/23
        N/A
        GENERAL MOTORS FINL CO REGD 3.70000000
        37045XBK1
        
          
        
        25000.00000000
        NS
        USD
        25855.98000000
        0.097625529133
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-05-09
          Fixed
          3.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MCDONALD'S CORP 4.7% 12/09/35
        UE2136O97NLB5BYP9H04
        MCDONALD'S CORP REGD MTN 4.70000000
        58013MEZ3
        
          
        
        8000.00000000
        NS
        USD
        9826.98000000
        0.037104148529
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2035-12-09
          Fixed
          4.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SEMPRA ENERGY 4% 02/01/48
        PBBKGKLRK5S5C0Y4T545
        SEMPRA ENERGY REGD 4.00000000
        816851BJ7
        
          
        
        15000.00000000
        NS
        USD
        17304.27000000
        0.065336472066
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2048-02-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FLORIDA POWER  4.125% 02/01/42
        N/A
        FLORIDA POWER & LIGHT CO REGD 4.12500000
        341081FF9
        
          
        
        17000.00000000
        NS
        USD
        20563.04000000
        0.077640749281
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-02-01
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LINCOLN NATIONA 3.05% 01/15/30
        EFQMQROEDSNBRIP7LE47
        LINCOLN NATIONAL CORP REGD 3.05000000
        534187BJ7
        
          
        
        8000.00000000
        NS
        USD
        8450.43000000
        0.031906649841
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-01-15
          Fixed
          3.05000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PECO ENERGY CO 2.8% 06/15/50
        N/A
        PECO ENERGY CO REGD 2.80000000
        693304AY3
        
          
        
        17000.00000000
        NS
        USD
        17257.84000000
        0.065161164330
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-06-15
          Fixed
          2.80000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JPMORGAN CHASE &  V/R 10/15/30
        8I5DZWZKVSZI1NUHU748
        JPMORGAN CHASE & CO REGD V/R 2.73900000
        46647PBE5
        
          
        
        135000.00000000
        NS
        USD
        138669.99000000
        0.523582209945
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-10-15
          Variable
          2.73900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ANTHEM INC 4.625% 05/15/42
        8MYN82XMYQH89CTMTH67
        ANTHEM INC REGD 4.62500000
        94973VAY3
        
          
        
        30000.00000000
        NS
        USD
        37386.57000000
        0.141162070776
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-05-15
          Fixed
          4.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        IBM CORP 5.875% 11/29/32
        VGRQXHF3J8VDLUA7XE92
        IBM CORP REGD 5.87500000
        459200BB6
        
          
        
        8000.00000000
        NS
        USD
        10602.66000000
        0.040032916668
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-11-29
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ASTRAZENECA FIN 2.25% 05/28/31
        549300C3HATU4Q460S18
        ASTRAZENECA FINANCE LLC REGD 2.25000000
        04636NAB9
        
          
        
        3000.00000000
        NS
        USD
        3033.08000000
        0.011452129832
        Long
        DBT
        CORP
        US
        
        N
        
        2
        
          2031-05-28
          Fixed
          2.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BANK 2019-BN2 2.726% 11/15/62
        N/A
        BANK 2019-BNK22 SER 2019-BN22 CL A3 REGD 2.72600000
        06540XBF7
        
          
        
        250000.00000000
        NS
        USD
        260231.20000000
        0.982566067775
        Long
        ABS-CBDO
        CORP
        US
        N
        
        2
        
          2062-11-15
          Fixed
          2.72600000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PENNSYLVANIA S 5.511% 12/01/45
        549300J8LLBYEYEXZJ24
        PENNSYLVANIA ST TURNPIKE COMMI REGD N/C B/E 5.51100000
        709223A27
        
          
        
        10000.00000000
        NS
        USD
        14654.17000000
        0.055330376194
        Long
        DBT
        MUN
        US
        N
        
        2
        
          2045-12-01
          Fixed
          5.51100000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VENTAS REALTY  4.125% 01/15/26
        N/A
        VENTAS REALTY LP REGD 4.12500000
        92277GAG2
        
          
        
        17000.00000000
        NS
        USD
        18544.51000000
        0.070019299259
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-01-15
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BECTON DICKINS 3.734% 12/15/24
        ICE2EP6D98PQUILVRZ91
        BECTON DICKINSON AND CO REGD 3.73400000
        075887BF5
        
          
        
        3000.00000000
        NS
        USD
        3199.61000000
        0.012080904273
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-12-15
          Fixed
          3.73400000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US 2YR NOTE (CBT) MAR22
        N/A
        FUTURE CONTRACT ON           US 2YR NOTE (CBT) MAR22 0.00000000
        N/A
        
          
        
        13.00000000
        NC
        USD
        2843546.89000000
        10.73650156569
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              JP MORGAN CHASE BANK
              7H6GLXDRUGQFU57RNE97
            
            Long
            
              
                F/C US 2YR NOTE (CBT) MAR22
                US 2YR NOTE (CBT) MAR22
                
                  
                
              
            
            2022-03-31
            2838762.22000000
            USD
            4784.67000000
          
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 1.375% 11/15/31
        N/A
        UNITED STATES TREASURY NOTE 1.37500000
        91282CDJ7
        
          
        
        240000.00000000
        NS
        USD
        238575.00000000
        0.900797827545
        Long
        DBT
        UST
        US
        N
        
        2
        
          2031-11-15
          Fixed
          1.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CHARTER COMM O 4.908% 07/23/25
        N/A
        CHARTER COMM OPT LLC/CAP REGD SER WI 4.90800000
        161175AY0
        
          
        
        38000.00000000
        NS
        USD
        41933.44000000
        0.158329882232
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-07-23
          Fixed
          4.90800000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CUBESMART LP 2.25% 12/15/28
        N/A
        CUBESMART LP REGD 2.25000000
        22966RAH9
        
          
        
        15000.00000000
        NS
        USD
        15058.66000000
        0.056857626380
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-12-15
          Fixed
          2.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HUNGARY 7.625% 03/29/41
        N/A
        HUNGARY REGD 7.62500000
        445545AF3
        
          
        
        10000.00000000
        NS
        USD
        16347.04000000
        0.061722217830
        Long
        DBT
        USGA
        HU
        N
        
        2
        
          2041-03-29
          Fixed
          7.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MORGAN STANLEY 3.75% 02/25/23
        IGJSJL3JD5P30I6NJZ34
        MORGAN STANLEY REGD MTN SER GMTN 3.75000000
        61746BDJ2
        
          
        
        34000.00000000
        NS
        USD
        35241.52000000
        0.133062913781
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-02-25
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEWMONT CORP 2.8% 10/01/29
        549300VSP3RIX7FGDZ51
        NEWMONT CORP REGD 2.80000000
        651639AX4
        
          
        
        47000.00000000
        NS
        USD
        48296.95000000
        0.182356859004
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-10-01
          Fixed
          2.80000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GENERAL MOTORS C 6.6% 04/01/36
        54930070NSV60J38I987
        GENERAL MOTORS CO REGD 6.60000000
        37045VAK6
        
          
        
        17000.00000000
        NS
        USD
        22969.81000000
        0.086728093669
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2036-04-01
          Fixed
          6.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS BDS 2.75% 08/15/47
        N/A
        UNITED STATES TREASURY BOND 2.75000000
        912810RY6
        
          
        
        100000.00000000
        NS
        USD
        119093.75000000
        0.449667363614
        Long
        DBT
        UST
        US
        N
        
        2
        
          2047-08-15
          Fixed
          2.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TRANSCONT GAS P 3.95% 05/15/50
        N/A
        TRANSCONT GAS PIPE LINE REGD 3.95000000
        893574AR4
        
          
        
        21000.00000000
        NS
        USD
        23680.13000000
        0.089410079262
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-05-15
          Fixed
          3.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        APPLE INC 3.25% 02/23/26
        HWUPKR0MPOU8FGXBT394
        APPLE INC REGD 3.25000000
        037833BY5
        
          
        
        20000.00000000
        NS
        USD
        21402.68000000
        0.080811013927
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-02-23
          Fixed
          3.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OWENS CORNING 4.2% 12/01/24
        JO5M6676RDJIZ2U8X907
        OWENS CORNING REGD 4.20000000
        690742AE1
        
          
        
        25000.00000000
        NS
        USD
        26856.97000000
        0.101405009873
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-12-01
          Fixed
          4.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PRUDENTIAL CORE ULTRA SHORT
        N/A
        PRUDENTIAL CORE ULTRA SHORT    BOND FUND 0.00000000
        74440E201
        
          
        
        5363514.64000000
        NS
        USD
        5363514.64000000
        20.25125153818
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CONSTELLATION B 2.25% 08/01/31
        5493005GKEG8QCVY7037
        CONSTELLATION BRANDS INC REGD 2.25000000
        21036PBH0
        
          
        
        25000.00000000
        NS
        USD
        24403.18000000
        0.092140130060
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-08-01
          Fixed
          2.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BANK OF AMERICA C V/R 03/05/29
        9DJT3UXIJIZJI4WXO774
        BANK OF AMERICA CORP REGD V/R MTN 3.97000000
        06051GHG7
        
          
        
        175000.00000000
        NS
        USD
        192411.09000000
        0.726494778864
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-03-05
          Variable
          3.97000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KEURIG DR PEPPER 3.2% 05/01/30
        DYTQ8KRTKO7Y2BVU5K74
        KEURIG DR PEPPER INC REGD 3.20000000
        49271VAJ9
        
          
        
        20000.00000000
        NS
        USD
        21248.39000000
        0.080228454577
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-05-01
          Fixed
          3.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EQUIFAX INC 2.6% 12/01/24
        5493004MCF8JDC86VS77
        EQUIFAX INC REGD 2.60000000
        294429AQ8
        
          
        
        21000.00000000
        NS
        USD
        21786.03000000
        0.082258444911
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-12-01
          Fixed
          2.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BERKLEY (WR) CORPO 4% 05/12/50
        SQOAGCLKBDWNVYV1OV80
        BERKLEY (WR) CORPORATION REGD 4.00000000
        084423AU6
        
          
        
        8000.00000000
        NS
        USD
        9385.57000000
        0.035437497920
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-05-12
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WFCM 2019-C52 2.643% 08/15/52
        N/A
        WELLS FARGO COMMERCIAL MORTGAGE TRUST 2019-C52 SER 2019-C52 CL A4 REGD 2.64300000
        95002MAW9
        
          
        
        435701.00000000
        NS
        USD
        448463.60000000
        1.693283188151
        Long
        ABS-CBDO
        CORP
        US
        N
        
        2
        
          2052-08-15
          Fixed
          2.64300000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SIMON PROPERTY  3.75% 02/01/24
        N/A
        SIMON PROPERTY GROUP LP REGD 3.75000000
        828807CR6
        
          
        
        30000.00000000
        NS
        USD
        31553.21000000
        0.119136804024
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-02-01
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISCOVERY COMMU 2.95% 03/20/23
        N/A
        DISCOVERY COMMUNICATIONS REGD 2.95000000
        25470DAQ2
        
          
        
        25000.00000000
        NS
        USD
        25643.75000000
        0.096824203248
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-03-20
          Fixed
          2.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOLDMAN SACHS GRO V/R 04/22/32
        784F5XWPLTWKTBV3E584
        GOLDMAN SACHS GROUP INC REGD V/R 2.61500000
        38141GYB4
        
          
        
        85000.00000000
        NS
        USD
        85165.88000000
        0.321564454301
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-04-22
          Variable
          2.61500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REPUBLICA ORIENT 5.1% 06/18/50
        N/A
        REPUBLICA ORIENT URUGUAY REGD 5.10000000
        760942BA9
        
          
        
        15000.00000000
        NS
        USD
        19475.03000000
        0.073532703407
        Long
        DBT
        USGA
        UY
        N
        
        2
        
          2050-06-18
          Fixed
          5.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DEUTSCHE BANK AG 3.7% 05/30/24
        N/A
        DEUTSCHE BANK AG LONDON REGD MTN 3.70000000
        25152RXA6
        
          
        
        17000.00000000
        NS
        USD
        17903.64000000
        0.067599539000
        Long
        DBT
        CORP
        DE
        N
        
        2
        
          2024-05-30
          Fixed
          3.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JPMORGAN CHASE &  V/R 04/22/32
        8I5DZWZKVSZI1NUHU748
        JPMORGAN CHASE & CO REGD V/R 2.58000000
        46647PCC8
        
          
        
        42000.00000000
        NS
        USD
        42358.72000000
        0.159935630110
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-04-22
          Variable
          2.58000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BNP PARIBAS 3.25% 03/03/23
        R0MUWSFPU8MPRO8K5P83
        BNP PARIBAS REGD MTN 3.25000000
        05574LFY9
        
          
        
        59000.00000000
        NS
        USD
        60932.03000000
        0.230063670761
        Long
        DBT
        CORP
        FR
        N
        
        2
        
          2023-03-03
          Fixed
          3.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UMBS P#MA4325 2% 05/01/51
        N/A
        FANNIE MAE POOL UMBS P#MA4325 2.00000000
        31418DYX4
        
          
        
        255801.45000000
        NS
        USD
        256178.84000000
        0.967265398869
        Long
        ABS-MBS
        USGSE
        US
        N
        
        2
        
          2051-05-01
          Fixed
          2.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ERAC USA FINANCE 3.3% 12/01/26
        N/A
        ERAC USA FINANCE LLC REGD 144A P/P 3.30000000
        26884TAR3
        
          
        
        45000.00000000
        NS
        USD
        48000.74000000
        0.181238446243
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2026-12-01
          Fixed
          3.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FNMA TBA 15YR 2.5% DEC 21
        N/A
        FNMA TBA 15YR 2.5% DEC 21      TO BE ANNOUNCED 2.50000000
        01F0224C6
        
          
        
        500000.00000000
        NS
        USD
        518225.00000000
        1.956684288713
        Long
        ABS-MBS
        USGA
        US
        N
        
        2
        
          2036-12-01
          Fixed
          2.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STACR 2017-DNA3  V/R 03/25/30
        N/A
        FREDDIE MAC STRUCTURED AGENCY CREDIT RISK DEBT NOTES SER 2017-DNA3 CL M1 V/R REGD 0.84200000
        3137G0QP7
        
          
        
        196165.11000000
        NS
        USD
        196165.13000000
        0.740669068193
        Long
        ABS-CBDO
        CORP
        US
        N
        
        2
        
          2030-03-25
          Variable
          0.84200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BANK OF NY MELL 2.95% 01/29/23
        WFLLPEPC7FZXENRZV188
        BANK OF NY MELLON CORP REGD MTN 2.95000000
        06406RAE7
        
          
        
        20000.00000000
        NS
        USD
        20507.03000000
        0.077429269929
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-01-29
          Fixed
          2.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FLOWSERVE CORPOR 2.8% 01/15/32
        6Y0GK87T6V7NJKZJVM41
        FLOWSERVE CORPORATION REGD 2.80000000
        34355JAB4
        
          
        
        5000.00000000
        NS
        USD
        4903.54000000
        0.018514505624
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-01-15
          Fixed
          2.80000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PORT AUTH OF N 4.458% 10/01/62
        54930006MR4KZ4W74Z83
        PORT AUTH OF NEW YORK & NEW JE REGD N/C B/E 4.45800000
        73358WJA3
        
          
        
        10000.00000000
        NS
        USD
        13967.27000000
        0.052736818496
        Long
        DBT
        MUN
        US
        N
        
        2
        
          2062-10-01
          Fixed
          4.45800000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WOODS 2017-15A A V/R 06/20/34
        N/A
        NORTHWOODS CAPITAL XV LTD SER 2017-15A CL A1R V/R REGD 144A P/P 1.33200000
        66860GAG9
        
          
        
        250000.00000000
        NS
        USD
        250081.45000000
        0.944243222758
        Long
        ABS-CBDO
        CORP
        KY
        Y
        
        2
        
          2034-06-20
          Variable
          1.33200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENTERGY LOUISIAN 4.2% 09/01/48
        N/A
        ENTERGY LOUISIANA LLC REGD 4.20000000
        29364WBB3
        
          
        
        8000.00000000
        NS
        USD
        9813.80000000
        0.037054384239
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2048-09-01
          Fixed
          4.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WESTINGHOUSE AIR 3.2% 06/15/25
        06BTX5UWZD0GQ5N5Y745
        WESTINGHOUSE AIR BRAKE REGD 3.20000000
        960386AQ3
        
          
        
        43000.00000000
        NS
        USD
        45093.10000000
        0.170259945582
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-06-15
          Fixed
          3.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARTIN MARIETTA 4.25% 07/02/24
        5299005MZ4WZECVATV08
        MARTIN MARIETTA MATERIAL REGD 4.25000000
        573284AN6
        
          
        
        21000.00000000
        NS
        USD
        22525.76000000
        0.085051475099
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-07-02
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US 5YR NOTE (CBT) MAR22
        N/A
        FUTURE CONTRACT ON           US 5YR NOTE (CBT) MAR22 0.00000000
        N/A
        
          
        
        24.00000000
        NC
        USD
        2913562.51000000
        11.00086253558
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              JP MORGAN CHASE BANK
              7H6GLXDRUGQFU57RNE97
            
            Long
            
              
                F/C US 5YR NOTE (CBT) MAR22
                US 5YR NOTE (CBT) MAR22
                
                  
                
              
            
            2022-03-31
            2891219.98000000
            USD
            22342.53000000
          
        
        
          N
          N
          N
        
      
      
        DEVON ENERGY COR 5.6% 07/15/41
        54930042348RKR3ZPN35
        DEVON ENERGY CORPORATION REGD 5.60000000
        25179MAL7
        
          
        
        21000.00000000
        NS
        USD
        26399.01000000
        0.099675870721
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2041-07-15
          Fixed
          5.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIATRIS INC 3.85% 06/22/40
        254900ZZTSW7NL773X71
        VIATRIS INC REGD SER WI 3.85000000
        92556VAE6
        
          
        
        38000.00000000
        NS
        USD
        40446.71000000
        0.152716372207
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2040-06-22
          Fixed
          3.85000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CALIFORNIA INST 3.65% 09/01/19
        549300CITPNHOTVPHC04
        CALIFORNIA INSTITUTE OF REGD 3.65000000
        13034VAD6
        
          
        
        10000.00000000
        NS
        USD
        11985.00000000
        0.045252276907
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2119-09-01
          Fixed
          3.65000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LYB INT FINANCE  4.2% 10/15/49
        N/A
        LYB INT FINANCE III REGD 4.20000000
        50249AAA1
        
          
        
        17000.00000000
        NS
        USD
        19866.59000000
        0.075011133240
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-10-15
          Fixed
          4.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        METHODIST HOSP 2.705% 12/01/50
        549300Y1E42JLBRENF23
        METHODIST HOSPITAL/THE REGD SER 20A 2.70500000
        591539AA9
        
          
        
        10000.00000000
        NS
        USD
        9956.73000000
        0.037594051151
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-12-01
          Fixed
          2.70500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GLOBAL PAYMENTS  1.2% 03/01/26
        549300NOMHGVQBX6S778
        GLOBAL PAYMENTS INC REGD 1.20000000
        37940XAE2
        
          
        
        21000.00000000
        NS
        USD
        20365.97000000
        0.076896663656
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-03-01
          Fixed
          1.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        RAYTHEON TECH  4.125% 11/16/28
        I07WOS4YJ0N7YRFE7309
        RAYTHEON TECH CORP REGD 4.12500000
        913017CY3
        
          
        
        13000.00000000
        NS
        USD
        14632.58000000
        0.055248857907
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-11-16
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITIGROUP INC V/R 11/05/30
        6SHGI4ZSSLCXXQSBB395
        CITIGROUP INC REGD V/R 2.97600000
        17308CC53
        
          
        
        120000.00000000
        NS
        USD
        125072.62000000
        0.472242038694
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-11-05
          Variable
          2.97600000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITEDHEALTH G 3.875% 08/15/59
        549300GHBMY8T5GXDE41
        UNITEDHEALTH GROUP INC REGD 3.87500000
        91324PDV1
        
          
        
        13000.00000000
        NS
        USD
        15715.37000000
        0.059337194404
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2059-08-15
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 0.75% 03/31/26
        N/A
        UNITED STATES TREASURY NOTE 0.75000000
        91282CBT7
        
          
        
        450000.00000000
        NS
        USD
        443320.31000000
        1.673863448202
        Long
        DBT
        UST
        US
        N
        
        2
        
          2026-03-31
          Fixed
          0.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US ULTRA BOND CBT MAR22
        N/A
        FUTURE CONTRACT ON           US ULTRA BOND CBT MAR22 0.00000000
        N/A
        
          
        
        -5.00000000
        NC
        USD
        -1002812.50000000
        -3.78636203053
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              JP MORGAN CHASE BANK
              7H6GLXDRUGQFU57RNE97
            
            Short
            
              
                F/C US ULTRA BOND CBT MAR22
                US ULTRA BOND CBT MAR22
                
                  
                
              
            
            2022-03-22
            972484.14000000
            USD
            -30328.36000000
          
        
        
          N
          N
          N
        
      
      
        ABBVIE INC 4.55% 03/15/35
        FR5LCKFTG8054YNNRU85
        ABBVIE INC REGD 4.55000000
        00287YCY3
        
          
        
        35000.00000000
        NS
        USD
        41763.00000000
        0.157686344637
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2035-03-15
          Fixed
          4.55000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CON EDISON CO OF 4.3% 12/01/56
        N/A
        CON EDISON CO OF NY INC REGD SER C 4.30000000
        209111FK4
        
          
        
        4000.00000000
        NS
        USD
        4859.37000000
        0.018347731066
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2056-12-01
          Fixed
          4.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MPLX LP 4.5% 04/15/38
        N/A
        MPLX LP REGD 4.50000000
        55336VAM2
        
          
        
        13000.00000000
        NS
        USD
        14461.73000000
        0.054603772258
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2038-04-15
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS BDS 0% 11/30/26/
        N/A
        UNITED STATES TREASURY BOND    REGD/144A/ 0.00000000
        91282CDK4
        
          
        
        145000.00000000
        NS
        USD
        145668.36000000
        0.550006254763
        Long
        DBT
        UST
        US
        N
        
        2
        
          2026-11-30
          Fixed
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        YALE UNIVERSIT 2.402% 04/15/50
        9SFB6DIM0FRWV0EV8S84
        YALE UNIVERSITY REGD SER 2020 2.40200000
        98459LAC7
        
          
        
        10000.00000000
        NS
        USD
        10095.51000000
        0.038118048730
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-04-15
          Fixed
          2.40200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ATCLO 2016-7A A1 V/R 11/27/31
        N/A
        ATLAS SENIOR LOAN FUND VII LTD SER 2016-7A CL A1R2 V/R REGD 144A P/P 1.27563000
        04941TBG4
        
          
        
        250000.00000000
        NS
        USD
        249834.33000000
        0.943310161208
        Long
        ABS-CBDO
        CORP
        KY
        Y
        
        2
        
          2031-11-27
          Variable
          1.27563000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CSX CORP 6.15% 05/01/37
        549300JVQR4N1MMP3Q88
        CSX CORP REGD 6.15000000
        126408GK3
        
          
        
        8000.00000000
        NS
        USD
        11304.69000000
        0.042683601354
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2037-05-01
          Fixed
          6.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EVERSOURCE ENER 4.25% 04/01/29
        SJ7XXD41SQU3ZNWUJ746
        EVERSOURCE ENERGY REGD SER O 4.25000000
        30040WAF5
        
          
        
        21000.00000000
        NS
        USD
        23680.53000000
        0.089411589559
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-04-01
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BROADCOM INC 3.419% 04/15/33
        549300WV6GIDOZJTV909
        BROADCOM INC REGD 144A P/P 3.41900000
        11135FBK6
        
          
        
        55000.00000000
        NS
        USD
        56746.09000000
        0.214258638137
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2033-04-15
          Fixed
          3.41900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BANK OF AMERICA C V/R 04/22/32
        9DJT3UXIJIZJI4WXO774
        BANK OF AMERICA CORP REGD V/R 2.68700000
        06051GJT7
        
          
        
        115000.00000000
        NS
        USD
        116584.45000000
        0.440192892321
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-04-22
          Variable
          2.68700000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AEP TEXAS INC 2.1% 07/01/30
        N/A
        AEP TEXAS INC REGD SER I 2.10000000
        00108WAM2
        
          
        
        17000.00000000
        NS
        USD
        16494.30000000
        0.062278233708
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-07-01
          Fixed
          2.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITIGROUP INC V/R 04/23/29
        6SHGI4ZSSLCXXQSBB395
        CITIGROUP INC REGD V/R 4.07500000
        172967LW9
        
          
        
        80000.00000000
        NS
        USD
        88398.95000000
        0.333771694927
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-04-23
          Variable
          4.07500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALIMENTATION COU 4.5% 07/26/47
        549300OSW32RVX8CCZ87
        ALIMENTATION COUCHE-TARD REGD 144A P/P 4.50000000
        01626PAG1
        
          
        
        17000.00000000
        NS
        USD
        20570.11000000
        0.077667443782
        Long
        DBT
        CORP
        CA
        Y
        
        2
        
          2047-07-26
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BRISTOL-MYERS SQ 3.4% 07/26/29
        HLYYNH7UQUORYSJQCN42
        BRISTOL-MYERS SQUIBB CO REGD 3.40000000
        110122CP1
        
          
        
        13000.00000000
        NS
        USD
        14233.68000000
        0.053742714123
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-07-26
          Fixed
          3.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MORGAN STANLEY V/R 01/24/29
        IGJSJL3JD5P30I6NJZ34
        MORGAN STANLEY REGD V/R MTN SER GMTN 3.77200000
        61744YAP3
        
          
        
        110000.00000000
        NS
        USD
        119867.21000000
        0.452587749604
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-01-24
          Variable
          3.77200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JPMORGAN CHASE &  V/R 11/08/32
        8I5DZWZKVSZI1NUHU748
        JPMORGAN CHASE & CO REGD V/R 2.54500000
        46647PCR5
        
          
        
        5000.00000000
        NS
        USD
        5030.66000000
        0.018994478043
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-11-08
          Variable
          2.54500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        QUEST DIAGNOSTIC 4.7% 03/30/45
        8MCWUBXQ0WE04KMXBX50
        QUEST DIAGNOSTICS INC REGD 4.70000000
        74834LAY6
        
          
        
        8000.00000000
        NS
        USD
        10165.46000000
        0.038382161936
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2045-03-30
          Fixed
          4.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VALE OVERSEAS L 6.25% 08/10/26
        N/A
        VALE OVERSEAS LIMITED REGD 6.25000000
        91911TAP8
        
          
        
        10000.00000000
        NS
        USD
        11374.72000000
        0.042948016619
        Long
        DBT
        CORP
        KY
        
        N
        
        2
        
          2026-08-10
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AIGIM 2018-1A A1 V/R 04/20/32
        N/A
        AIG CLO 2018-1 LTD SER 2018-1A CL A1R V/R REGD 144A P/P 1.25150000
        00141UAC7
        
          
        
        400000.00000000
        NS
        USD
        400393.96000000
        1.511784593232
        Long
        ABS-CBDO
        CORP
        KY
        Y
        
        2
        
          2032-04-20
          Variable
          1.25150000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        XCEL ENERGY INC 1.75% 03/15/27
        LGJNMI9GH8XIDG5RCM61
        XCEL ENERGY INC REGD 1.75000000
        98388MAB3
        
          
        
        10000.00000000
        NS
        USD
        9936.25000000
        0.037516723939
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-03-15
          Fixed
          1.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMGEN INC 4.663% 06/15/51
        62QBXGPJ34PQ72Z12S66
        AMGEN INC REGD SER WI 4.66300000
        031162CF5
        
          
        
        13000.00000000
        NS
        USD
        16693.27000000
        0.063029493243
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2051-06-15
          Fixed
          4.66300000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENTERPRISE PROD 4.85% 03/15/44
        N/A
        ENTERPRISE PRODUCTS OPER REGD 4.85000000
        29379VBA0
        
          
        
        25000.00000000
        NS
        USD
        30203.73000000
        0.114041514692
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2044-03-15
          Fixed
          4.85000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BP CAP MARKETS  3.79% 02/06/24
        N/A
        BP CAP MARKETS AMERICA REGD 3.79000000
        10373QAD2
        
          
        
        25000.00000000
        NS
        USD
        26444.69000000
        0.099848346650
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-02-06
          Fixed
          3.79000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SHIRE ACQ INV IR 3.2% 09/23/26
        N/A
        SHIRE ACQ INV IRELAND DA REGD 3.20000000
        82481LAD1
        
          
        
        59000.00000000
        NS
        USD
        62532.61000000
        0.236107049098
        Long
        DBT
        CORP
        IE
        
        N
        
        2
        
          2026-09-23
          Fixed
          3.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WEYERHAEUSER CO 8.5% 01/15/25
        08IRJODWFYBI7QWRGS31
        WEYERHAEUSER CO REGD 8.50000000
        962166AT1
        
          
        
        13000.00000000
        NS
        USD
        15796.69000000
        0.059644237805
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-01-15
          Fixed
          8.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTHWEST AIRL 5.125% 06/15/27
        UDTZ87G0STFETI6HGH41
        SOUTHWEST AIRLINES CO REGD 5.12500000
        844741BK3
        
          
        
        30000.00000000
        NS
        USD
        34227.81000000
        0.129235405594
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-06-15
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MEMORIAL SLOAN 2.955% 01/01/50
        549300IZ71UAMEHWL382
        MEMORIAL SLOAN-KETTERING REGD SER 2020 2.95500000
        586054AD0
        
          
        
        15000.00000000
        NS
        USD
        15716.06000000
        0.059339799667
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-01-01
          Fixed
          2.95500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SPST 2021-8 A V/R 06/20/22
        N/A
        STATION PLACE SECURITIZATION TRUST SERIES 2021-8 SER 2021-8 CL A V/R REGD 144A P/P 0.89238000
        85772NAA4
        
          
        
        30000.00000000
        NS
        USD
        30024.06000000
        0.113363126991
        Long
        ABS-CBDO
        CORP
        US
        Y
        
        2
        
          2022-06-20
          Variable
          0.89238000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KAISER FOUNDATI 2.81% 06/01/41
        N/A
        KAISER FOUNDATION HOSPIT REGD SER 2021 2.81000000
        48305QAF0
        
          
        
        45000.00000000
        NS
        USD
        45926.90000000
        0.173408159890
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2041-06-01
          Fixed
          2.81000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DISCOVERY COMMUN 5.2% 09/20/47
        N/A
        DISCOVERY COMMUNICATIONS REGD 5.20000000
        25470DAT6
        
          
        
        23000.00000000
        NS
        USD
        29003.66000000
        0.109510359085
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2047-09-20
          Fixed
          5.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIV SOUTHERN  3.841% 10/01/47
        0GMCSQ6M60R4T46U5511
        UNIV SOUTHERN CALIFORIA REGD SER 2017 3.84100000
        914886AC0
        
          
        
        10000.00000000
        NS
        USD
        12227.19000000
        0.046166724044
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2047-10-01
          Fixed
          3.84100000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HORMEL FOODS CO 0.65% 06/03/24
        MSD54751OJP1FS2ND863
        HORMEL FOODS CORP REGD 0.65000000
        440452AG5
        
          
        
        8000.00000000
        NS
        USD
        7931.47000000
        0.029947190381
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-06-03
          Fixed
          0.65000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ONEOK INC 3.1% 03/15/30
        2T3D6M0JSY48PSZI1Q41
        ONEOK INC REGD 3.10000000
        682680BB8
        
          
        
        42000.00000000
        NS
        USD
        42941.34000000
        0.162135453353
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-03-15
          Fixed
          3.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BROADCOM INC 3.137% 11/15/35
        549300WV6GIDOZJTV909
        BROADCOM INC REGD 144A P/P 3.13700000
        11135FBP5
        
          
        
        42000.00000000
        NS
        USD
        41329.12000000
        0.156048125370
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2035-11-15
          Fixed
          3.13700000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VALERO ENERGY CO 2.7% 04/15/23
        549300XTO5VR8SKV1V74
        VALERO ENERGY CORP REGD 2.70000000
        91913YAX8
        
          
        
        30000.00000000
        NS
        USD
        30784.58000000
        0.116234654871
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-04-15
          Fixed
          2.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ONEOK INC 3.4% 09/01/29
        2T3D6M0JSY48PSZI1Q41
        ONEOK INC REGD 3.40000000
        682680AY9
        
          
        
        15000.00000000
        NS
        USD
        15626.61000000
        0.059002059477
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-09-01
          Fixed
          3.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LIBERTY MUTUAL 3.951% 10/15/50
        N/A
        LIBERTY MUTUAL GROUP INC REGD 144A P/P 3.95100000
        53079EBJ2
        
          
        
        38000.00000000
        NS
        USD
        43280.38000000
        0.163415581177
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2050-10-15
          Fixed
          3.95100000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ONEOK PARTNERS 6.125% 02/01/41
        N/A
        ONEOK PARTNERS LP REGD 6.12500000
        68268NAG8
        
          
        
        25000.00000000
        NS
        USD
        31983.36000000
        0.120760939769
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2041-02-01
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MONONGAHELA POW 3.55% 05/15/27
        N/A
        MONONGAHELA POWER CO REGD 144A P/P 3.55000000
        610202BR3
        
          
        
        21000.00000000
        NS
        USD
        22607.06000000
        0.085358442985
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2027-05-15
          Fixed
          3.55000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BMARK 2021-B2 1.906% 04/15/28
        N/A
        BENCHMARK 2021-B25 MORTGAGE TRUST SER 2021-B25 CL A3 REGD 1.90600000
        08163DAC1
        
          
        
        500000.00000000
        NS
        USD
        497435.35000000
        1.878187918367
        Long
        ABS-CBDO
        CORP
        US
        N
        
        2
        
          2054-04-15
          Fixed
          1.90600000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EMERA US FINAN 2.639% 06/15/31
        N/A
        EMERA US FINANCE LP REGD 144A P/P 2.63900000
        29103DAQ9
        
          
        
        13000.00000000
        NS
        USD
        12989.76000000
        0.049045992196
        Long
        DBT
        CORP
        US
        
        Y
        
        2
        
          2031-06-15
          Fixed
          2.63900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ENERGY TRANSFER 6.25% 04/15/49
        MTLVN9N7JE8MIBIJ1H73
        ENERGY TRANSFER LP REGD 6.25000000
        29279FAA7
        
          
        
        34000.00000000
        NS
        USD
        44327.18000000
        0.167368028692
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-04-15
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITIGROUP INC V/R 05/01/32
        6SHGI4ZSSLCXXQSBB395
        CITIGROUP INC REGD V/R 2.56100000
        172967MY4
        
          
        
        21000.00000000
        NS
        USD
        21156.96000000
        0.079883238417
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-05-01
          Variable
          2.56100000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIVERSITY OF P 3.61% 02/15/19
        549300FG60YK9HZ7DS75
        UNIVERSITY OF PENNSYLVAN REGD 3.61000000
        91481CAC4
        
          
        
        15000.00000000
        NS
        USD
        18033.83000000
        0.068091102950
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2119-02-15
          Fixed
          3.61000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DUKE ENERGY CARO 6.1% 06/01/37
        N/A
        DUKE ENERGY CAROLINAS REGD 6.10000000
        26442CAA2
        
          
        
        21000.00000000
        NS
        USD
        28839.28000000
        0.108889702491
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2037-06-01
          Fixed
          6.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STACR 2021-DNA3  V/R 10/25/33
        N/A
        FREDDIE MAC STACR REMIC TRUST 2021-DNA3 SER 2021-DNA3 CL M2 V/R REGD 144A P/P 2.14967000
        35564KEL9
        
          
        
        50000.00000000
        NS
        USD
        50375.96000000
        0.190206665947
        Long
        ABS-CBDO
        CORP
        US
        Y
        
        2
        
          2033-10-25
          Variable
          2.14967000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOLDMAN SACHS GRO V/R 04/23/29
        784F5XWPLTWKTBV3E584
        GOLDMAN SACHS GROUP INC REGD V/R 3.81400000
        38141GWV2
        
          
        
        90000.00000000
        NS
        USD
        97983.99000000
        0.369962340254
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-04-23
          Variable
          3.81400000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AWPT 2021-13A A1 V/R 07/15/34
        N/A
        ELEVATION CLO 2021-13 LTD SER 2021-13A CL A1 V/R REGD 144A P/P 1.33960000
        28622EAC2
        
          
        
        250000.00000000
        NS
        USD
        249867.38000000
        0.943434949506
        Long
        ABS-CBDO
        CORP
        KY
        Y
        
        2
        
          2034-07-15
          Variable
          1.33960000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AEP TRANSMISSIO 4.25% 09/15/48
        N/A
        AEP TRANSMISSION CO LLC REGD 4.25000000
        00115AAJ8
        
          
        
        17000.00000000
        NS
        USD
        20963.35000000
        0.079152216862
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2048-09-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BANK OF AMERICA C V/R 07/21/32
        9DJT3UXIJIZJI4WXO774
        BANK OF AMERICA CORP REGD V/R 2.29900000
        06051GKA6
        
          
        
        60000.00000000
        NS
        USD
        58907.91000000
        0.222421114338
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-07-21
          Variable
          2.29900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GENERAL MOTORS  6.25% 10/02/43
        54930070NSV60J38I987
        GENERAL MOTORS CO REGD SER WI 6.25000000
        37045VAF7
        
          
        
        21000.00000000
        NS
        USD
        28658.57000000
        0.108207388018
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2043-10-02
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REPUBLIC OF PE 4.125% 08/25/27
        N/A
        REPUBLIC OF PERU REGD 4.12500000
        715638BU5
        
          
        
        50000.00000000
        NS
        USD
        54740.57000000
        0.206686310529
        Long
        DBT
        USGA
        PE
        N
        
        2
        
          2027-08-25
          Fixed
          4.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TEXTRON INC 3.375% 03/01/28
        3PPKBHUG1HD6BO7RNR87
        TEXTRON INC REGD 3.37500000
        883203BY6
        
          
        
        34000.00000000
        NS
        USD
        36474.39000000
        0.137717913750
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-03-01
          Fixed
          3.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITIGROUP INC 4.45% 09/29/27
        6SHGI4ZSSLCXXQSBB395
        CITIGROUP INC REGD 4.45000000
        172967KA8
        
          
        
        21000.00000000
        NS
        USD
        23398.95000000
        0.088348415914
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2027-09-29
          Fixed
          4.45000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARTIN MARIETTA 2.4% 07/15/31
        5299005MZ4WZECVATV08
        MARTIN MARIETTA REGD 2.40000000
        573284AW6
        
          
        
        21000.00000000
        NS
        USD
        20916.32000000
        0.078974643681
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-07-15
          Fixed
          2.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EVEREST REINSURA 3.5% 10/15/50
        N/A
        EVEREST REINSURANCE HLDG REGD 3.50000000
        299808AH8
        
          
        
        8000.00000000
        NS
        USD
        8482.79000000
        0.032028832876
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-10-15
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SAN DIEGO G & E 4.15% 05/15/48
        N/A
        SAN DIEGO G & E REGD 4.15000000
        797440BW3
        
          
        
        15000.00000000
        NS
        USD
        18364.16000000
        0.069338344054
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2048-05-15
          Fixed
          4.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AT&T INC 4.3% 02/15/30
        549300Z40J86GGSTL398
        AT&T INC REGD SER * 4.30000000
        00206RGQ9
        
          
        
        40000.00000000
        NS
        USD
        45183.99000000
        0.170603122841
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-02-15
          Fixed
          4.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIV OF PITTSB 3.555% 09/15/19
        5493002C83QSGL8ETT42
        UNIV OF PITTSBURGH PA OF THE C REGD B/E 3.55500000
        91335VKQ8
        
          
        
        30000.00000000
        NS
        USD
        36499.37000000
        0.137812231804
        Long
        DBT
        MUN
        US
        N
        
        2
        
          2119-09-15
          Fixed
          3.55500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ECOPETROL SA 5.375% 06/26/26
        N/A
        ECOPETROL SA REGD 5.37500000
        279158AL3
        
          
        
        10000.00000000
        NS
        USD
        10490.64000000
        0.039609957965
        Long
        DBT
        CORP
        CO
        N
        
        2
        
          2026-06-26
          Fixed
          5.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOEING CO 2.196% 02/04/26
        RVHJWBXLJ1RFUBSY1F30
        BOEING CO REGD 2.19600000
        097023DG7
        
          
        
        123000.00000000
        NS
        USD
        122769.22000000
        0.463544992834
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-02-04
          Fixed
          2.19600000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US 10YR NOTE (CBT)MAR22
        N/A
        FUTURE CONTRACT ON           US 10YR NOTE (CBT)MAR22 0.00000000
        N/A
        
          
        
        1.00000000
        NC
        USD
        130812.50000000
        0.493914349013
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              JP MORGAN CHASE BANK
              7H6GLXDRUGQFU57RNE97
            
            Long
            
              
                F/C US 10YR NOTE (CBT)MAR22
                US 10YR NOTE (CBT)MAR22
                
                  
                
              
            
            2022-03-22
            128984.38000000
            USD
            1828.12000000
          
        
        
          N
          N
          N
        
      
      
        ONEOK INC 4.95% 07/13/47
        2T3D6M0JSY48PSZI1Q41
        ONEOK INC REGD 4.95000000
        682680AT0
        
          
        
        21000.00000000
        NS
        USD
        24616.33000000
        0.092944929628
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2047-07-13
          Fixed
          4.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JPMCC 2019-CO 3.123% 02/13/29
        N/A
        JPMCC COMMERCIAL MORTGAGE SECURITIES TRUST 2019-COR5 SER 2019-COR5 CL A3 REGD 3.12340000
        46591EAS6
        
          
        
        500000.00000000
        NS
        USD
        526585.60000000
        1.988251763583
        Long
        ABS-CBDO
        CORP
        US
        N
        
        2
        
          2052-06-13
          Fixed
          3.12340000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AEP TEXAS INC 3.45% 05/15/51
        N/A
        AEP TEXAS INC REGD 3.45000000
        00108WAN0
        
          
        
        13000.00000000
        NS
        USD
        13694.88000000
        0.051708343927
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2051-05-15
          Fixed
          3.45000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOSTON UNIVERS 4.061% 10/01/48
        549300M1CR2B2GU2ZU17
        BOSTON UNIVERSITY REGD SER CC 4.06100000
        89838QAA1
        
          
        
        10000.00000000
        NS
        USD
        12513.96000000
        0.047249493794
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2048-10-01
          Fixed
          4.06100000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PACIFIC GAS & EL 3.5% 08/01/50
        N/A
        PACIFIC GAS & ELECTRIC REGD 3.50000000
        694308JJ7
        
          
        
        29000.00000000
        NS
        USD
        27637.89000000
        0.104353562904
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-08-01
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PUBLIC SERVICE E 3.7% 05/01/28
        N/A
        PUBLIC SERVICE ELECTRIC REGD MTN 3.70000000
        74456QBU9
        
          
        
        13000.00000000
        NS
        USD
        14431.68000000
        0.054490311188
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2028-05-01
          Fixed
          3.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREASURYS ZCP 08/15/44
        N/A
        UNITED STATES TREASURY STRIP COUPON ZCP 0.00000000
        912834NV6
        
          
        
        305000.00000000
        NS
        USD
        193901.37000000
        0.732121692776
        Long
        DBT
        UST
        US
        N
        
        2
        
          2044-08-15
          Fixed
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CVS HEALTH COR 5.125% 07/20/45
        549300EJG376EN5NQE29
        CVS HEALTH CORP REGD 5.12500000
        126650CN8
        
          
        
        42000.00000000
        NS
        USD
        55150.64000000
        0.208234629360
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2045-07-20
          Fixed
          5.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITIGROUP INC 3.7% 01/12/26
        6SHGI4ZSSLCXXQSBB395
        CITIGROUP INC REGD 3.70000000
        172967KG5
        
          
        
        64000.00000000
        NS
        USD
        69245.33000000
        0.261452552998
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-01-12
          Fixed
          3.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MORGAN STANLEY 3.875% 01/27/26
        IGJSJL3JD5P30I6NJZ34
        MORGAN STANLEY REGD MTN SER GMTN 3.87500000
        61746BDZ6
        
          
        
        76000.00000000
        NS
        USD
        82524.94000000
        0.311592944232
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-01-27
          Fixed
          3.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MICROSOFT CORP 2.525% 06/01/50
        INR2EJN1ERAN0W5ZP974
        MICROSOFT CORP REGD 2.52500000
        594918CC6
        
          
        
        38000.00000000
        NS
        USD
        37700.13000000
        0.142345992673
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-06-01
          Fixed
          2.52500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS BDS 1.875% 02/15/41
        N/A
        UNITED STATES TREASURY BOND 1.87500000
        912810SW9
        
          
        
        1660000.00000000
        NS
        USD
        1665187.50000000
        6.287319637247
        Long
        DBT
        UST
        US
        N
        
        2
        
          2041-02-15
          Fixed
          1.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MFRA 2021-RPL1 A V/R 07/25/60
        N/A
        MFA 2021-RPL1 TRUST SER 2021-RPL1 CL A1 V/R REGD 144A P/P 1.13130000
        55283QAA2
        
          
        
        87520.54000000
        NS
        USD
        86266.50000000
        0.325720112291
        Long
        ABS-CBDO
        CORP
        US
        Y
        
        2
        
          2060-07-25
          Variable
          1.13130000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PIEDMONT HEALT 2.719% 01/01/42
        N/A
        PIEDMONT HEALTHCARE INC REGD SER 2042 2.71900000
        72014TAD1
        
          
        
        15000.00000000
        NS
        USD
        14883.48000000
        0.056196191764
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-01-01
          Fixed
          2.71900000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREASURYS ZCP 11/15/45
        N/A
        UNITED STATES TREASURY STRIP COUPON ZCP 0.00000000
        912834PT9
        
          
        
        80000.00000000
        NS
        USD
        50178.12000000
        0.189459673001
        Long
        DBT
        UST
        US
        N
        
        2
        
          2045-11-15
          Fixed
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WALT DISNEY COMP 3.6% 01/13/51
        549300GZKULIZ0WOW665
        WALT DISNEY COMPANY/THE REGD 3.60000000
        254687FZ4
        
          
        
        12000.00000000
        NS
        USD
        13765.29000000
        0.051974193974
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2051-01-13
          Fixed
          3.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MEXICO CITY ARP 4.25% 10/31/26
        N/A
        MEXICO CITY ARPT TRUST REGD 144A P/P 4.25000000
        59284MAA2
        
          
        
        200000.00000000
        NS
        USD
        210327.02000000
        0.794140721744
        Long
        DBT
        CORP
        MX
        Y
        
        2
        
          2026-10-31
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        DIAMONDBACK ENER 3.5% 12/01/29
        549300R22LSX6OHWEN64
        DIAMONDBACK ENERGY INC REGD 3.50000000
        25278XAN9
        
          
        
        30000.00000000
        NS
        USD
        31510.30000000
        0.118974786902
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-12-01
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARRIOTT INTER 3.125% 06/15/26
        225YDZ14ZO8E1TXUSU86
        MARRIOTT INTERNATIONAL REGD SER R 3.12500000
        571903AS2
        
          
        
        38000.00000000
        NS
        USD
        39902.57000000
        0.150661839545
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-06-15
          Fixed
          3.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REALTY INCOME CO 3.1% 12/15/29
        549300CUWDAUZSH43859
        REALTY INCOME CORP REGD 3.10000000
        756109BK9
        
          
        
        29000.00000000
        NS
        USD
        31065.02000000
        0.117293524169
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-12-15
          Fixed
          3.10000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ASCENSION HEAL 2.532% 11/15/29
        N/A
        ASCENSION HEALTH REGD SER B 2.53200000
        04352EAA3
        
          
        
        35000.00000000
        NS
        USD
        36529.03000000
        0.137924220334
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-11-15
          Fixed
          2.53200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNIV OF VIRGIN 2.584% 11/01/51
        N/A
        UNIV OF VIRGINIA VA UNIV REVEN REGD B/E 2.58400000
        915217XM0
        
          
        
        25000.00000000
        NS
        USD
        26111.71000000
        0.098591099828
        Long
        DBT
        MUN
        US
        N
        
        2
        
          2051-11-01
          Fixed
          2.58400000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SPIRIT REALTY LP 2.7% 02/15/32
        N/A
        SPIRIT REALTY LP REGD 2.70000000
        84861TAJ7
        
          
        
        8000.00000000
        NS
        USD
        7938.48000000
        0.029973658338
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-02-15
          Fixed
          2.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VERISK ANALYTI 3.625% 05/15/50
        549300I1YSWNIRKBWP67
        VERISK ANALYTICS INC REGD 3.62500000
        92345YAG1
        
          
        
        10000.00000000
        NS
        USD
        11014.51000000
        0.041587956321
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-05-15
          Fixed
          3.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UMBS P#MA4209 1.5% 12/01/50
        N/A
        FANNIE MAE POOL UMBS P#MA4209 1.50000000
        31418DVB5
        
          
        
        381352.25000000
        NS
        USD
        369007.73000000
        1.393278262733
        Long
        ABS-MBS
        USGSE
        US
        N
        
        2
        
          2050-12-01
          Fixed
          1.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARS INC 3.6% 04/01/34
        54930073HKEO6GZBSS03
        MARS INC REGD 144A P/P 3.60000000
        571676AC9
        
          
        
        10000.00000000
        NS
        USD
        11265.24000000
        0.042534648302
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2034-04-01
          Fixed
          3.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 1.125% 02/15/31
        N/A
        UNITED STATES TREASURY NOTE 1.12500000
        91282CBL4
        
          
        
        303000.00000000
        NS
        USD
        295898.44000000
        1.117236390762
        Long
        DBT
        UST
        US
        N
        
        2
        
          2031-02-15
          Fixed
          1.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GENERAL ELECTRI 3.45% 05/15/24
        3C7474T6CDKPR9K6YT90
        GENERAL ELECTRIC CO REGD MTN SER GMTN 3.45000000
        36962G7K4
        
          
        
        34000.00000000
        NS
        USD
        35831.54000000
        0.135290677521
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2024-05-15
          Fixed
          3.45000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MYLAN INC 5.2% 04/15/48
        N/A
        MYLAN INC REGD SER WI 5.20000000
        628530BJ5
        
          
        
        30000.00000000
        NS
        USD
        37138.38000000
        0.140224969181
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2048-04-15
          Fixed
          5.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BOEING CO 3.75% 02/01/50
        RVHJWBXLJ1RFUBSY1F30
        BOEING CO REGD 3.75000000
        097023CQ6
        
          
        
        34000.00000000
        NS
        USD
        35262.81000000
        0.133143299344
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-02-01
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GSMS 2019-GC4 2.748% 09/01/52
        N/A
        GS MORTGAGE SECURITIES TRUST 2019-GC42 SER 2019-GC42 CL A3 REGD 2.74880000
        36257UAK3
        
          
        
        250000.00000000
        NS
        USD
        259051.85000000
        0.978113145558
        Long
        ABS-CBDO
        CORP
        US
        N
        
        2
        
          2052-09-01
          Fixed
          2.74880000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTHWEST AIRLI 4.75% 05/04/23
        UDTZ87G0STFETI6HGH41
        SOUTHWEST AIRLINES CO REGD 4.75000000
        844741BH0
        
          
        
        17000.00000000
        NS
        USD
        17843.94000000
        0.067374127158
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2023-05-04
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MPLX LP 4.875% 06/01/25
        N/A
        MPLX LP REGD SER WI 4.87500000
        55336VAJ9
        
          
        
        55000.00000000
        NS
        USD
        60266.52000000
        0.227550876201
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-06-01
          Fixed
          4.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS BDS 2.25% 05/15/41
        N/A
        UNITED STATES TREASURY BOND 2.25000000
        912810SY5
        
          
        
        105000.00000000
        NS
        USD
        111792.19000000
        0.422098551351
        Long
        DBT
        UST
        US
        N
        
        2
        
          2041-05-15
          Fixed
          2.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CITIGROUP INC 4.4% 06/10/25
        6SHGI4ZSSLCXXQSBB395
        CITIGROUP INC REGD 4.40000000
        172967JT9
        
          
        
        55000.00000000
        NS
        USD
        59815.00000000
        0.225846052833
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-06-10
          Fixed
          4.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MARKEL CORP 4.9% 07/01/22
        549300SCNO12JLWIK605
        MARKEL CORP REGD 4.90000000
        570535AK0
        
          
        
        21000.00000000
        NS
        USD
        21505.33000000
        0.081198593920
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2022-07-01
          Fixed
          4.90000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        G2SF 30YR TBA 3.0% 123456*2022
        N/A
        G2SF 30YR TBA 3.0% 123456*2022   TO BE ANNOUNCED 3.00000000
        21H0306C3
        
          
        
        500000.00000000
        NS
        USD
        517985.00000000
        1.955778110452
        Long
        ABS-MBS
        USGA
        US
        N
        
        2
        
          2052-12-01
          Fixed
          3.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MPLX LP 5.5% 02/15/49
        N/A
        MPLX LP REGD 5.50000000
        55336VAT7
        
          
        
        17000.00000000
        NS
        USD
        21523.67000000
        0.081267841042
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-02-15
          Fixed
          5.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREASURYS ZCP 02/15/42
        N/A
        UNITED STATES TREASURY STRIP COUPON ZCP 0.00000000
        912834LB2
        
          
        
        245000.00000000
        NS
        USD
        163882.03000000
        0.618776387290
        Long
        DBT
        UST
        US
        N
        
        2
        
          2042-02-15
          Fixed
          0.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NORTHWESTERN M 2.633% 07/15/51
        N/A
        NORTHWESTERN MEMORIAL REGD SER 2021 2.63300000
        668103AC8
        
          
        
        20000.00000000
        NS
        USD
        19659.19000000
        0.074228044192
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2051-07-15
          Fixed
          2.63300000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PACIFIC GAS & E 1.75% 06/16/22
        N/A
        PACIFIC GAS & ELECTRIC REGD 1.75000000
        694308JE8
        
          
        
        21000.00000000
        NS
        USD
        20991.86000000
        0.079259863288
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2022-06-16
          Fixed
          1.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MERCK & CO INC 3.4% 03/07/29
        4YV9Y5M8S0BRK1RP0397
        MERCK & CO INC REGD 3.40000000
        58933YAX3
        
          
        
        8000.00000000
        NS
        USD
        8758.68000000
        0.033070522544
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-03-07
          Fixed
          3.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BAT INTL FINAN 1.668% 03/25/26
        N/A
        BAT INTL FINANCE PLC REGD 1.66800000
        05530QAN0
        
          
        
        34000.00000000
        NS
        USD
        33403.67000000
        0.126123664960
        Long
        DBT
        CORP
        GB
        N
        
        2
        
          2026-03-25
          Fixed
          1.66800000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PACIFIC GAS & E 4.55% 07/01/30
        N/A
        PACIFIC GAS & ELECTRIC REGD 4.55000000
        694308JM0
        
          
        
        20000.00000000
        NS
        USD
        21832.02000000
        0.082432091321
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-07-01
          Fixed
          4.55000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FNMA TBA 15YR 2% DEC21
        N/A
        FNMA TBA 15YR 2% DEC21         TO BE ANNOUNCED 2.00000000
        01F0204C0
        
          
        
        250000.00000000
        NS
        USD
        256332.50000000
        0.967845579500
        Long
        ABS-MBS
        USGA
        US
        N
        
        2
        
          2036-12-01
          Fixed
          2.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALTRIA GROUP INC 3.4% 05/06/30
        XSGZFLO9YTNO9VCQV219
        ALTRIA GROUP INC REGD 3.40000000
        02209SBJ1
        
          
        
        13000.00000000
        NS
        USD
        13478.41000000
        0.050891008893
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-05-06
          Fixed
          3.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        REALTY INCOME C 3.25% 01/15/31
        549300CUWDAUZSH43859
        REALTY INCOME CORP REGD 3.25000000
        756109AX2
        
          
        
        25000.00000000
        NS
        USD
        26862.32000000
        0.101425210096
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-01-15
          Fixed
          3.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        T-MOBILE USA INC 3.3% 02/15/51
        N/A
        T-MOBILE USA INC REGD 3.30000000
        87264ABN4
        
          
        
        13000.00000000
        NS
        USD
        12714.09000000
        0.048005133191
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2051-02-15
          Fixed
          3.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOLDMAN SACHS G 3.75% 02/25/26
        784F5XWPLTWKTBV3E584
        GOLDMAN SACHS GROUP INC REGD 3.75000000
        38143U8H7
        
          
        
        25000.00000000
        NS
        USD
        26902.44000000
        0.101576692896
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-02-25
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PIONEER NATURA 1.125% 01/15/26
        FY8JBF7CCL2VE4F1B628
        PIONEER NATURAL RESOURCE REGD 1.12500000
        723787AT4
        
          
        
        42000.00000000
        NS
        USD
        40924.47000000
        0.154520271065
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-01-15
          Fixed
          1.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VULCAN MATERIALS 3.5% 06/01/30
        549300Q8LSNHAVWBNI21
        VULCAN MATERIALS CO REGD 3.50000000
        929160AZ2
        
          
        
        13000.00000000
        NS
        USD
        14132.59000000
        0.053361024288
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-06-01
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        F/C US LONG BOND(CBT) MAR22
        N/A
        FUTURE CONTRACT ON           US LONG BOND(CBT) MAR22 0.00000000
        N/A
        
          
        
        -12.00000000
        NC
        USD
        -1945500.00000000
        -7.34570752799
        N/A
        DIR
        CORP
        US
        N
        
        1
        
          
            
              JP MORGAN CHASE BANK
              7H6GLXDRUGQFU57RNE97
            
            Short
            
              
                F/C US LONG BOND(CBT) MAR22
                US LONG BOND(CBT) MAR22
                
                  
                
              
            
            2022-03-22
            1911497.60000000
            USD
            -34002.40000000
          
        
        
          N
          N
          N
        
      
      
        AUTOZONE INC 3.75% 04/18/29
        GA3JGKJ41LJKXDN23E90
        AUTOZONE INC REGD 3.75000000
        053332AW2
        
          
        
        38000.00000000
        NS
        USD
        41858.20000000
        0.158045795347
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-04-18
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JPMORGAN CHASE & 3.2% 06/15/26
        8I5DZWZKVSZI1NUHU748
        JPMORGAN CHASE & CO REGD 3.20000000
        46625HRS1
        
          
        
        106000.00000000
        NS
        USD
        112524.56000000
        0.424863792071
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2026-06-15
          Fixed
          3.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BRISTOL-MYERS SQUI 5% 08/15/45
        HLYYNH7UQUORYSJQCN42
        BRISTOL-MYERS SQUIBB CO REGD SER WI 5.00000000
        110122DJ4
        
          
        
        13000.00000000
        NS
        USD
        17534.49000000
        0.066205723563
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2045-08-15
          Fixed
          5.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        WELLS FARGO & COM V/R 02/11/31
        PBLD0EJDB5FWOLXP3B76
        WELLS FARGO & COMPANY REGD V/R MTN 2.57200000
        95000U2J1
        
          
        
        132000.00000000
        NS
        USD
        133933.28000000
        0.505697611485
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-02-11
          Variable
          2.57200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PIEDMONT NATURAL 3.5% 06/01/29
        N/A
        PIEDMONT NATURAL GAS CO REGD 3.50000000
        720186AL9
        
          
        
        21000.00000000
        NS
        USD
        22627.27000000
        0.085434750746
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-06-01
          Fixed
          3.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TVA 1.5% 09/15/31
        N/A
        TENNESSEE VALLEY AUTHORITY 1.50000000
        880591EX6
        
          
        
        15000.00000000
        NS
        USD
        14831.09000000
        0.055998380602
        Long
        DBT
        USGA
        US
        N
        
        2
        
          2031-09-15
          Fixed
          1.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PPL ELECTRIC UTILI 3% 10/01/49
        N/A
        PPL ELECTRIC UTILITIES REGD 3.00000000
        69351UAW3
        
          
        
        13000.00000000
        NS
        USD
        13644.63000000
        0.051518612854
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-10-01
          Fixed
          3.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VERIZON COMMUN 4.016% 12/03/29
        2S72QS2UO2OESLG6Y829
        VERIZON COMMUNICATIONS REGD SER WI 4.01600000
        92343VEU4
        
          
        
        47000.00000000
        NS
        USD
        52645.59000000
        0.198776204974
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-12-03
          Fixed
          4.01600000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS BDS 3.625% 08/15/43
        N/A
        UNITED STATES TREASURY BOND 3.62500000
        912810RC4
        
          
        
        245000.00000000
        NS
        USD
        322251.56000000
        1.216738992648
        Long
        DBT
        UST
        US
        N
        
        2
        
          2043-08-15
          Fixed
          3.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CIGNA CORP 3.4% 03/15/50
        549300VIWYMSIGT1U456
        CIGNA CORP REGD 3.40000000
        125523CK4
        
          
        
        21000.00000000
        NS
        USD
        21975.95000000
        0.082975533975
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-03-15
          Fixed
          3.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VISTRA OPERATIO 3.55% 07/15/24
        N/A
        VISTRA OPERATIONS CO LLC REGD 144A P/P 3.55000000
        92840VAD4
        
          
        
        17000.00000000
        NS
        USD
        17628.04000000
        0.066558944297
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-07-15
          Fixed
          3.55000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KINDER MORGAN I 3.25% 08/01/50
        549300WR7IX8XE0TBO16
        KINDER MORGAN INC REGD 3.25000000
        49456BAS0
        
          
        
        17000.00000000
        NS
        USD
        16070.17000000
        0.060676827933
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-08-01
          Fixed
          3.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CAMPBELL SOUP CO 3.3% 03/19/25
        5493007JDSMX8Z5Z1902
        CAMPBELL SOUP CO REGD 3.30000000
        134429BA6
        
          
        
        21000.00000000
        NS
        USD
        22233.57000000
        0.083948240824
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-03-19
          Fixed
          3.30000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JPMORGAN CHASE &  V/R 05/13/31
        8I5DZWZKVSZI1NUHU748
        JPMORGAN CHASE & CO REGD V/R 2.95600000
        46647PBP0
        
          
        
        21000.00000000
        NS
        USD
        21686.28000000
        0.081881814572
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-05-13
          Variable
          2.95600000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ARIZONA PUBLIC S 2.6% 08/15/29
        N/A
        ARIZONA PUBLIC SERVICE REGD 2.60000000
        040555CZ5
        
          
        
        8000.00000000
        NS
        USD
        8219.61000000
        0.031035132898
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-08-15
          Fixed
          2.60000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        KINDER MORGAN INC 2% 02/15/31
        549300WR7IX8XE0TBO16
        KINDER MORGAN INC REGD 2.00000000
        49456BAR2
        
          
        
        34000.00000000
        NS
        USD
        32076.74000000
        0.121113518628
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-02-15
          Fixed
          2.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MASS INSTITUTE 4.678% 07/01/14
        DLZO3A31IADZ27B62557
        MASS INSTITUTE OF TECH REGD 4.67800000
        575718AB7
        
          
        
        20000.00000000
        NS
        USD
        31266.50000000
        0.118054260819
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2114-07-01
          Fixed
          4.67800000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 0.25% 09/30/23
        N/A
        UNITED STATES TREASURY NOTE 0.25000000
        91282CDA6
        
          
        
        55000.00000000
        NS
        USD
        54757.23000000
        0.206749214403
        Long
        DBT
        UST
        US
        N
        
        2
        
          2023-09-30
          Fixed
          0.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TECK RESOURCES  6.25% 07/15/41
        T8KI5SQ2JRWHL7XY0E11
        TECK RESOURCES LIMITED REGD 6.25000000
        878742AW5
        
          
        
        30000.00000000
        NS
        USD
        39396.70000000
        0.148751804558
        Long
        DBT
        CORP
        CA
        N
        
        2
        
          2041-07-15
          Fixed
          6.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EMERA US FINANC 4.75% 06/15/46
        N/A
        EMERA US FINANCE LP REGD SER WI 4.75000000
        29103DAM8
        
          
        
        13000.00000000
        NS
        USD
        15577.49000000
        0.058816594993
        Long
        DBT
        CORP
        US
        
        N
        
        2
        
          2046-06-15
          Fixed
          4.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        MIDAMERICAN ENE 4.25% 07/15/49
        N/A
        MIDAMERICAN ENERGY CO REGD 4.25000000
        595620AU9
        
          
        
        34000.00000000
        NS
        USD
        42658.88000000
        0.161068957055
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2049-07-15
          Fixed
          4.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 1.25% 08/15/31
        N/A
        UNITED STATES TREASURY NOTE 1.25000000
        91282CCS8
        
          
        
        224000.00000000
        NS
        USD
        220465.00000000
        0.832419126270
        Long
        DBT
        UST
        US
        N
        
        2
        
          2031-08-15
          Fixed
          1.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GENERAL MOTORS F 2.9% 02/26/25
        N/A
        GENERAL MOTORS FINL CO REGD 2.90000000
        37045XCV6
        
          
        
        38000.00000000
        NS
        USD
        39369.42000000
        0.148648802295
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2025-02-26
          Fixed
          2.90000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS NTS 2.25% 11/15/25
        N/A
        UNITED STATES TREASURY NOTE 2.25000000
        912828M56
        
          
        
        40000.00000000
        NS
        USD
        41862.50000000
        0.158062031041
        Long
        DBT
        UST
        US
        N
        
        2
        
          2025-11-15
          Fixed
          2.25000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UMBS P#MA4329 2% 05/01/36
        N/A
        FANNIE MAE POOL UMBS P#MA4329 2.00000000
        31418DY30
        
          
        
        460967.37000000
        NS
        USD
        472997.72000000
        1.785917713968
        Long
        ABS-MBS
        USGSE
        US
        N
        
        2
        
          2036-05-01
          Fixed
          2.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PHILLIPS 66 2.15% 12/15/30
        5493005JBO5YSIGK1814
        PHILLIPS 66 REGD 2.15000000
        718546AW4
        
          
        
        34000.00000000
        NS
        USD
        32643.90000000
        0.123254968888
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-12-15
          Fixed
          2.15000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SOUTHERN CAL EDISO 4% 04/01/47
        N/A
        SOUTHERN CAL EDISON REGD 4.00000000
        842400GG2
        
          
        
        30000.00000000
        NS
        USD
        33496.48000000
        0.126474091645
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2047-04-01
          Fixed
          4.00000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        FNMA 30YR TBA 2.5% JAN 22
        N/A
        FNMA 30YR TBA 2.5% JAN 22     TO BE ANNOUNCED 2.50000000
        01F022618
        
          
        
        2000000.00000000
        NS
        USD
        2044920.00000000
        7.721091872597
        Long
        ABS-MBS
        USGA
        US
        N
        
        2
        
          2052-01-01
          Fixed
          2.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STACR 2021-DNA5  V/R 01/25/34
        N/A
        FREDDIE MAC STACR REMIC TRUST 2021-DNA5 SER 2021-DNA5 CL M1 V/R REGD 144A P/P 0.69967000
        35564KGX1
        
          
        
        13109.86000000
        NS
        USD
        13109.86000000
        0.049499458901
        Long
        ABS-CBDO
        CORP
        US
        Y
        
        2
        
          2034-01-25
          Variable
          0.69967000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        PRES & FELLOWS 2.517% 10/15/50
        6S3X7J22E861RNTJSA74
        PRES & FELLOWS OF HARVAR REGD 2.51700000
        740816AP8
        
          
        
        35000.00000000
        NS
        USD
        36307.28000000
        0.137086949379
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2050-10-15
          Fixed
          2.51700000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OHIO ST UNIV 4.8% 06/01/11
        JFC10ZULKO4X2E3HBY86
        OHIO ST UNIV REGD N/C OID B/E 4.80000000
        677632PA3
        
          
        
        10000.00000000
        NS
        USD
        16018.74000000
        0.060482641483
        Long
        DBT
        MUN
        US
        N
        
        2
        
          2111-06-01
          Fixed
          4.80000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        JERSEY CENTRAL P 4.7% 04/01/24
        N/A
        JERSEY CENTRAL PWR & LT REGD P/P 4.70000000
        476556DB8
        
          
        
        17000.00000000
        NS
        USD
        18134.05000000
        0.068469507888
        Long
        DBT
        CORP
        US
        Y
        
        2
        
          2024-04-01
          Fixed
          4.70000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ABBVIE INC 3.2% 11/21/29
        FR5LCKFTG8054YNNRU85
        ABBVIE INC REGD SER WI 3.20000000
        00287YBX6
        
          
        
        50000.00000000
        NS
        USD
        53202.47000000
        0.200878840599
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2029-11-21
          Fixed
          3.20000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        SHIRE ACQ INV  2.875% 09/23/23
        N/A
        SHIRE ACQ INV IRELAND DA REGD 2.87500000
        82481LAC3
        
          
        
        64000.00000000
        NS
        USD
        66025.43000000
        0.249295038905
        Long
        DBT
        CORP
        IE
        
        N
        
        2
        
          2023-09-23
          Fixed
          2.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        TREASURY SE 2.625% 02/15/29
        N/A
        TREASURY N/B REGD 2.62500000
        9128286B1
        
          
        
        75000.00000000
        NS
        USD
        81480.47000000
        0.307649294198
        Long
        DBT
        UST
        US
        N
        
        2
        
          2029-02-15
          Fixed
          2.62500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        NEW YORK ST DO 2.202% 03/15/34
        549300C8XO7EXTX2XU71
        NEW YORK ST DORM AUTH ST PERSO REGD N/C B/E 2.20200000
        64990FE42
        
          
        
        15000.00000000
        NS
        USD
        14700.39000000
        0.055504891024
        Long
        DBT
        MUN
        US
        N
        
        2
        
          2034-03-15
          Fixed
          2.20200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ROMANIA 6.125% 01/22/44
        N/A
        ROMANIA REGD P/P MTN 6.12500000
        77586RAC4
        
          
        
        40000.00000000
        NS
        USD
        50820.05000000
        0.191883435547
        Long
        DBT
        USGA
        RO
        Y
        
        2
        
          2044-01-22
          Fixed
          6.12500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        AMERICAN INTL GR 4.5% 07/16/44
        ODVCVCQG2BP6VHV36M30
        AMERICAN INTL GROUP REGD 4.50000000
        026874DA2
        
          
        
        25000.00000000
        NS
        USD
        30754.44000000
        0.116120853984
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2044-07-16
          Fixed
          4.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        GOLDMAN SACHS GRO V/R 01/27/32
        784F5XWPLTWKTBV3E584
        GOLDMAN SACHS GROUP INC REGD V/R 1.99200000
        38141GXR0
        
          
        
        25000.00000000
        NS
        USD
        23873.97000000
        0.090141969237
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2032-01-27
          Variable
          1.99200000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        HOME DEPOT INC 5.875% 12/16/36
        QEKMOTMBBKA8I816DO57
        HOME DEPOT INC REGD 5.87500000
        437076AS1
        
          
        
        8000.00000000
        NS
        USD
        11358.60000000
        0.042887151646
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2036-12-16
          Fixed
          5.87500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        STEEL DYNAMICS  3.45% 04/15/30
        549300HGGKEL4FYTTQ83
        STEEL DYNAMICS INC REGD 3.45000000
        858119BK5
        
          
        
        25000.00000000
        NS
        USD
        26648.18000000
        0.100616672543
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-04-15
          Fixed
          3.45000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        VIACOMCBS INC 4.375% 03/15/43
        5KYC8KF17ROCY24M3H09
        VIACOMCBS INC REGD SER WI 4.37500000
        92553PAP7
        
          
        
        38000.00000000
        NS
        USD
        43052.00000000
        0.162553277047
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2043-03-15
          Fixed
          4.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        CORP ANDINA DE  3.75% 11/23/23
        UKZ46SXGNYCZK0UOZE76
        CORP ANDINA DE FOMENTO REGD 3.75000000
        219868CA2
        
          
        
        100000.00000000
        NS
        USD
        105351.73000000
        0.397781031173
        Long
        DBT
        CORP
        N/A
        N
        
        2
        
          2023-11-23
          Fixed
          3.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        US TREAS BDS 2.5% 02/15/46
        N/A
        UNITED STATES TREASURY BOND 2.50000000
        912810RQ3
        
          
        
        1090000.00000000
        NS
        USD
        1228804.69000000
        4.639650404401
        Long
        DBT
        UST
        US
        N
        
        2
        
          2046-02-15
          Fixed
          2.50000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        OHIOHEALTH COR 2.297% 11/15/31
        JGYGIL4QGKKPZU7C1D18
        OHIOHEALTH CORP REGD 2.29700000
        67777JAL2
        
          
        
        30000.00000000
        NS
        USD
        30456.40000000
        0.114995531614
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-11-15
          Fixed
          2.29700000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        ALTRIA GROUP INC 3.4% 02/04/41
        XSGZFLO9YTNO9VCQV219
        ALTRIA GROUP INC REGD 3.40000000
        02209SBM4
        
          
        
        25000.00000000
        NS
        USD
        23319.39000000
        0.088048017821
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2041-02-04
          Fixed
          3.40000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        LYB INT FINANC 3.375% 05/01/30
        N/A
        LYB INT FINANCE III REGD 3.37500000
        50249AAC7
        
          
        
        34000.00000000
        NS
        USD
        36977.95000000
        0.139619226771
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2030-05-01
          Fixed
          3.37500000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        UNITEDHEALTH GR 3.95% 10/15/42
        549300GHBMY8T5GXDE41
        UNITEDHEALTH GROUP INC REGD 3.95000000
        91324PCA8
        
          
        
        30000.00000000
        NS
        USD
        35412.61000000
        0.133708905609
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2042-10-15
          Fixed
          3.95000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        BARRICK NA FINA 5.75% 05/01/43
        N/A
        BARRICK NA FINANCE LLC REGD 5.75000000
        06849RAK8
        
          
        
        30000.00000000
        NS
        USD
        41544.13000000
        0.156859947820
        Long
        DBT
        CORP
        US
        
        N
        
        2
        
          2043-05-01
          Fixed
          5.75000000
          N
          N
          N
        
        
          N
          N
          N
        
      
      
        EQUIFAX INC 2.35% 09/15/31
        5493004MCF8JDC86VS77
        EQUIFAX INC REGD 2.35000000
        294429AT2
        
          
        
        20000.00000000
        NS
        USD
        19696.06000000
        0.074367255828
        Long
        DBT
        CORP
        US
        N
        
        2
        
          2031-09-15
          Fixed
          2.35000000
          N
          N
          N
        
        
          N
          N
          N
        
      
    
    
      
    
    
      2021-12-30
      PGIM ETF TRUST 
      Christian J. Kelly 
      Christian J. Kelly 
      Treasurer and Principal Financial and Accounting Officer 
    
  
  XXXX



PGIM Active Aggregate Bond ETF

Schedule of Investments (unaudited)

as of November 30, 2021

 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

LONG-TERM INVESTMENTS 98.8%

           

ASSET-BACKED SECURITIES 8.3%

           

Collateralized Loan Obligations 8.3%

           

 

 

AIG CLO Ltd. (Cayman Islands), Series 2018-1A, Class A1R, 144A, 3 Month LIBOR + 1.120%

     1.252%(c)        04/20/32        400        $400,394  

Atlas Senior Loan Fund VII Ltd. (Cayman Islands), Series 2016-7A, Class A1R2, 144A, 3 Month LIBOR + 1.100%

     1.276 (c)        11/27/31        250        249,834  

Elevation CLO Ltd. (Cayman Islands), Series 2021-13A, Class A1, 144A, 3 Month LIBOR + 1.190%

     1.340 (c)        07/15/34        250        249,868  

HPS Loan Management 10-2016 Ltd. (Cayman Islands), Series 10A-16, Class A1RR, 144A, 3 Month LIBOR + 1.140%

     1.272 (c)        04/20/34        250        249,874  

Madison Park Funding XXXIV Ltd. (Cayman Islands), Series 2019-34A, Class AR, 144A, 3 Month LIBOR + 1.120%

     1.244 (c)        04/25/32        400        400,076  

Northwoods Capital XV Ltd. (Cayman Islands), Series 2017-15A, Class A1R, 144A, 3 Month LIBOR + 1.210%

     1.332 (c)        06/20/34        250        250,082  

Romark CLO IV Ltd. (Cayman Islands), Series 2021-4A, Class A1, 144A, 3 Month LIBOR + 1.170%

     1.320 (c)        07/10/34        400        399,322  

TOTAL ASSET-BACKED SECURITIES

           
           

 

 

 

(cost $2,199,222)

                              2,199,450  
           

 

 

 

COMMERCIAL MORTGAGE-BACKED SECURITIES 10.8%

 

     

BANK, Series 2019-BN22, Class A3

     2.726        11/15/62        250        260,231  

Bellemeade Re Ltd. (Bermuda), Series 2021-2A, Class M1A, 144A, SOFR30A + 1.200%

     1.250 (c)        06/25/31        150        149,843  

Benchmark Mortgage Trust, Series 2021-B25, Class A3

     1.906        04/15/54        500        497,435  

Freddie Mac STACR REMIC Trust,

           

Series 2021-DNA3, Class M2, 144A, SOFR30A + 2.100%

     2.150 (c)        10/25/33        50        50,376  

Series 2021-DNA5, Class M1, 144A, SOFR30A + 0.650%

     0.700 (c)        01/25/34        13        13,110  

Freddie Mac Structured Agency Credit Risk Debt Notes, Series 2017-DNA3, Class M1, 1 Month LIBOR + 0.750%

     0.842 (c)        03/25/30        196        196,165  

GS Mortgage Securities Trust, Series 2019-GC42, Class A3

     2.749        09/01/52        250        259,052  

JPMCC Commercial Mortgage Securities Trust, Series 2019-COR5, Class A3

     3.123        06/13/52        500        526,586  

MFA Trust, Series 2021-RPL1, Class A1, 144A

     1.131 (cc)        07/25/60        88        86,266  

Station Place Securitization Trust, Series 2021-8, Class A, 144A, 1 Month LIBOR + 0.800%

     0.892 (c)        06/20/22        30        30,024  

Wells Fargo Commercial Mortgage Trust, Series 2019-C52, Class A4

     2.643        08/15/52        436        448,464  


PGIM Active Aggregate Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

COMMERCIAL MORTGAGE-BACKED SECURITIES (Continued)

           

Wells Fargo Commercial Mortgage Trust, (cont’d)

           

Series 2021-C59, Class A3

     1.958%        04/15/54        350        $346,453  

TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES

           
           

 

 

 

(cost $2,866,477)

              2,864,005  
           

 

 

 

CORPORATE BONDS 29.9%

           

Aerospace & Defense 0.7%

           

 

 

Boeing Co. (The),

           

Sr. Unsec’d. Notes

     2.196        02/04/26        123        122,769  

Sr. Unsec’d. Notes

     3.750        02/01/50        34        35,263  

Raytheon Technologies Corp., Sr. Unsec’d. Notes

     4.125        11/16/28        13        14,633  
           

 

 

 
              172,665  
           

 

 

 

Agriculture 0.3%

           

 

 

Altria Group, Inc.,

           

Gtd. Notes

     3.400        05/06/30        13        13,478  

Gtd. Notes

     3.400        02/04/41        25        23,319  

BAT International Finance PLC (United Kingdom),
Gtd. Notes

     1.668        03/25/26        34        33,404  
           

 

 

 
              70,201  
           

 

 

 

Airlines 0.2%

           

 

 

Southwest Airlines Co.,

           

Sr. Unsec’d. Notes

     4.750        05/04/23        17        17,844  

Sr. Unsec’d. Notes

     5.125        06/15/27        30        34,228  

United Airlines 2013-1 Class A Pass Through
Trust, Pass-Through Certificates

     4.300        08/15/25        10        10,333  
           

 

 

 
              62,405  
           

 

 

 

Auto Manufacturers 0.5%

           

 

 

General Motors Co.,

           

Sr. Unsec’d. Notes

     6.250        10/02/43        21        28,659  

Sr. Unsec’d. Notes

     6.600        04/01/36        17        22,970  

General Motors Financial Co., Inc.,

           

Gtd. Notes

     3.700        05/09/23        25        25,856  

Sr. Unsec’d. Notes

     2.900        02/26/25        38        39,369  

Toyota Motor Credit Corp., Sr. Unsec’d. Notes,
MTN

     0.800        10/16/25        17        16,611  
           

 

 

 
                              133,465  
           

 

 

 

Banks 8.6%

           

 

 

Bank of America Corp.,

           

Sr. Unsec’d. Notes, MTN

     4.125        01/22/24        55        58,591  

Sr. Unsec’d. Notes, MTN, 3 Month LIBOR + 1.070%

     3.970 (c)        03/05/29        175        192,411  

Sr. Unsec’d. Notes, SOFR + 1.220%

     2.299 (c)        07/21/32        60        58,908  

Sr. Unsec’d. Notes, SOFR + 1.320%

     2.687 (c)        04/22/32        115        116,584  

Sub. Notes, MTN

     4.450        03/03/26        115        126,610  

Bank of New York Mellon Corp. (The),
Sr. Unsec’d. Notes, MTN

     2.950        01/29/23        20        20,507  

BNP Paribas SA (France), Gtd. Notes, MTN

     3.250        03/03/23        59        60,932  


 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

CORPORATE BONDS (Continued)

           

Banks (cont’d.)

           

 

 

Citigroup, Inc.,

           

Sr. Unsec’d. Notes

     3.700%        01/12/26        64        $69,245  

Sr. Unsec’d. Notes, 3 Month LIBOR + 1.192%

     4.075 (c)        04/23/29        80        88,399  

Sr. Unsec’d. Notes, SOFR + 1.167%

     2.561 (c)        05/01/32        21        21,157  

Sr. Unsec’d. Notes, SOFR + 1.422%

     2.976 (c)        11/05/30        120        125,073  

Sub. Notes

     4.400        06/10/25        55        59,815  

Sub. Notes

     4.450        09/29/27        21        23,399  

Deutsche Bank AG (Germany), Sr. Unsec’d. Notes

     3.700        05/30/24        17        17,904  

Goldman Sachs Group, Inc. (The),

           

Sr. Unsec’d. Notes

     3.750        02/25/26        25        26,902  

Sr. Unsec’d. Notes, 3 Month LIBOR + 1.158%

     3.814 (c)        04/23/29        90        97,984  

Sr. Unsec’d. Notes, SOFR + 1.090%

     1.992 (c)        01/27/32        25        23,874  

Sr. Unsec’d. Notes, SOFR + 1.281%

     2.615 (c)        04/22/32        85        85,166  

JPMorgan Chase & Co.,

           

Sr. Unsec’d. Notes

     3.200        06/15/26        106        112,525  

Sr. Unsec’d. Notes, 3 Month LIBOR + 0.945%

     3.509 (c)        01/23/29        150        161,174  

Sr. Unsec’d. Notes, SOFR + 1.180%

     2.545 (c)        11/08/32        5        5,031  

Sr. Unsec’d. Notes, SOFR + 1.250%

     2.580 (c)        04/22/32        42        42,359  

Sr. Unsec’d. Notes, SOFR + 1.510%

     2.739 (c)        10/15/30        135        138,670  

Sub. Notes

     4.250        10/01/27        21        23,463  

Sub. Notes, SOFR + 2.515%

     2.956 (c)        05/13/31        21        21,686  

Morgan Stanley,

           

Sr. Unsec’d. Notes, GMTN

     3.750        02/25/23        34        35,242  

Sr. Unsec’d. Notes, GMTN

     3.875        01/27/26        76        82,525  

Sr. Unsec’d. Notes, GMTN, 3 Month LIBOR + 1.140%

     3.772 (c)        01/24/29        110        119,867  

Sr. Unsec’d. Notes, GMTN, SOFR + 1.178%

     2.239 (c)        07/21/32        40        39,199  

Sr. Unsec’d. Notes, MTN, SOFR + 1.020%

     1.928 (c)        04/28/32        90        86,085  

Wells Fargo & Co., Sr. Unsec’d. Notes, MTN, SOFR + 1.262%

     2.572 (c)        02/11/31        132        133,933  
           

 

 

 
                              2,275,220  
           

 

 

 

Beverages 0.5%

                                   

Anheuser-Busch Cos. LLC/Anheuser-Busch InBev Worldwide, Inc., Gtd. Notes

     4.900        02/01/46        72        91,434  

Constellation Brands, Inc., Sr. Unsec’d. Notes

     2.250        08/01/31        25        24,403  

Keurig Dr Pepper, Inc., Gtd. Notes

     3.200        05/01/30        20        21,248  
           

 

 

 
              137,085  
           

 

 

 

Biotechnology 0.1%

                                   

Amgen, Inc., Sr. Unsec’d. Notes

     4.663        06/15/51        13        16,693  

Building Materials 0.3%

                                   

Martin Marietta Materials, Inc.,

           

Sr. Unsec’d. Notes

     2.400        07/15/31        21        20,916  

Sr. Unsec’d. Notes

     4.250        07/02/24        21        22,526  

Owens Corning, Sr. Unsec’d. Notes

     4.200        12/01/24        25        26,857  

Vulcan Materials Co., Sr. Unsec’d. Notes

     3.500        06/01/30        13        14,133  
           

 

 

 
              84,432  
           

 

 

 


PGIM Active Aggregate Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

CORPORATE BONDS (Continued)

           

Chemicals 0.4%

 

                 

Dow Chemical Co. (The), Sr. Unsec’d. Notes

     3.600%        11/15/50        17        $18,647  

FMC Corp., Sr. Unsec’d. Notes

     4.500        10/01/49        13        15,925  

LYB International Finance III LLC,

           

Gtd. Notes

     3.375        05/01/30        34        36,978  

Gtd. Notes

     4.200        10/15/49        17        19,867  

Nutrien Ltd. (Canada), Sr. Unsec’d. Notes

     4.900        06/01/43        21        27,166  
           

 

 

 
              118,583  
           

 

 

 

Commercial Services 1.0%

                                   

California Institute of Technology, Sr. Unsec’d. Notes

     3.650        09/01/19        10        11,985  

Equifax, Inc.,

           

Sr. Unsec’d. Notes

     2.350        09/15/31        20        19,696  

Sr. Unsec’d. Notes

     2.600        12/01/24        21        21,786  

ERAC USA Finance LLC, Gtd. Notes, 144A

     3.300        12/01/26        45        48,001  

Global Payments, Inc., Sr. Unsec’d. Notes

     1.200        03/01/26        21        20,366  

Massachusetts Institute of Technology,

           

Sr. Unsec’d. Notes

     2.989        07/01/50        10        11,318  

Unsec’d. Notes

     4.678        07/01/14        20        31,266  

President & Fellows of Harvard College, Unsec’d. Notes

     2.517        10/15/50        35        36,307  

Trustees of Boston University, Sec’d. Notes

     4.061        10/01/48        10        12,514  

Trustees of the University of Pennsylvania (The), Sr. Unsec’d. Notes

     3.610        02/15/19        15        18,034  

University of Southern California, Unsec’d. Notes

     3.841        10/01/47        10        12,227  

Verisk Analytics, Inc., Sr. Unsec’d. Notes

     3.625        05/15/50        10        11,015  

Yale University, Unsec’d. Notes

     2.402        04/15/50        10        10,096  
           

 

 

 
                              264,611  
           

 

 

 

Computers 0.1%

                                   

Apple, Inc., Sr. Unsec’d. Notes

     3.250        02/23/26        20        21,403  

International Business Machines Corp., Sr. Unsec’d. Notes

     5.875        11/29/32        8        10,602  
           

 

 

 
              32,005  
           

 

 

 

Diversified Financial Services 0.2%

                                   

Discover Financial Services, Sr. Unsec’d. Notes

     3.750        03/04/25        21        22,376  

Jefferies Group LLC/Jefferies Group Capital Finance, Inc., Sr. Unsec’d. Notes

     2.625        10/15/31        25        24,554  
           

 

 

 
              46,930  
           

 

 

 

Electric 2.7%

                                   

AEP Texas, Inc.,

           

Sr. Unsec’d. Notes

     2.100        07/01/30        17        16,494  

Sr. Unsec’d. Notes

     3.450        05/15/51        13        13,695  

AEP Transmission Co. LLC, Sr. Unsec’d. Notes

     4.250        09/15/48        17        20,963  

Ameren Corp., Sr. Unsec’d. Notes

     2.500        09/15/24        21        21,638  

Arizona Public Service Co., Sr. Unsec’d. Notes

     2.600        08/15/29        8        8,220  

Consolidated Edison Co. of New York, Inc., Sr. Unsec’d. Notes

     4.300        12/01/56        4        4,859  


 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

CORPORATE BONDS (Continued)

           

Electric (cont’d.)

 

                 

Dominion Energy South Carolina, Inc., First Mortgage

     4.600%        06/15/43        17        $21,241  

DTE Electric Co., General Ref. Mortgage

     4.050        05/15/48        21        25,696  

Duke Energy Carolinas LLC, Sr. Unsec’d. Notes

     6.100        06/01/37        21        28,839  

Duke Energy Florida LLC, First Mortgage

     2.400        12/15/31        50        50,420  

Emera US Finance LP,

           

Gtd. Notes

     4.750        06/15/46        13        15,578  

Gtd. Notes, 144A

     2.639        06/15/31        13        12,990  

Entergy Louisiana LLC, Collateral Trust

     4.200        09/01/48        8        9,814  

Eversource Energy, Sr. Unsec’d. Notes

     4.250        04/01/29        21        23,681  

Florida Power & Light Co., First Mortgage

     4.125        02/01/42        17        20,563  

Jersey Central Power & Light Co., Sr. Unsec’d. Notes, 144A

     4.700        04/01/24        17        18,134  

MidAmerican Energy Co., First Mortgage

     4.250        07/15/49        34        42,659  

Mississippi Power Co., Sr. Unsec’d. Notes

     4.250        03/15/42        13        15,318  

Monongahela Power Co., First Mortgage, 144A

     3.550        05/15/27        21        22,607  

NextEra Energy Capital Holdings, Inc., Gtd. Notes

     2.800        01/15/23        21        21,515  

Northern States Power Co., First Mortgage

     3.400        08/15/42        34        37,367  

NRG Energy, Inc., Sr. Sec’d. Notes, 144A

     3.750        06/15/24        17        17,767  

Pacific Gas & Electric Co.,

           

First Mortgage

     1.750        06/16/22        21        20,992  

First Mortgage

     3.500        08/01/50        29        27,638  

First Mortgage

     4.550        07/01/30        20        21,832  

PECO Energy Co., First Mortgage

     2.800        06/15/50        17        17,258  

PPL Electric Utilities Corp., First Mortgage

     3.000        10/01/49        13        13,645  

Public Service Electric & Gas Co.,

           

First Mortgage, MTN

     3.600        12/01/47        13        15,095  

First Mortgage, MTN

     3.700        05/01/28        13        14,432  

Puget Energy, Inc., Sr. Sec’d. Notes

     2.379        06/15/28        5        4,982  

San Diego Gas & Electric Co., First Mortgage

     4.150        05/15/48        15        18,364  

Sempra Energy, Sr. Unsec’d. Notes

     4.000        02/01/48        15        17,304  

Southern California Edison Co., First Ref. Mortgage

     4.000        04/01/47        30        33,496  

Vistra Operations Co. LLC, Sr. Sec’d. Notes, 144A

     3.550        07/15/24        17        17,628  

Xcel Energy, Inc., Sr. Unsec’d. Notes

     1.750        03/15/27        10        9,936  
           

 

 

 
                              702,660  
           

 

 

 

Engineering & Construction 0.8%

                                   

Mexico City Airport Trust (Mexico), Sr. Sec’d. Notes, 144A

     4.250        10/31/26        200        210,327  

Food 0.2%

                                   

Campbell Soup Co., Sr. Unsec’d. Notes

     3.300        03/19/25        21        22,234  

Hormel Foods Corp., Sr. Unsec’d. Notes

     0.650        06/03/24        8        7,931  

Mars, Inc., Gtd. Notes, 144A

     3.600        04/01/34        10        11,265  
           

 

 

 
              41,430  
           

 

 

 

Gas 0.2%

                                   

CenterPoint Energy Resources Corp., Sr. Unsec’d. Notes

     4.100        09/01/47        21        24,845  


PGIM Active Aggregate Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

CORPORATE BONDS (Continued)

           

Gas (cont’d.)

           

 

 

NiSource, Inc., Sr. Unsec’d. Notes

     3.490%        05/15/27        13        $13,981  

Piedmont Natural Gas Co., Inc., Sr. Unsec’d. Notes

     3.500        06/01/29        21        22,627  
           

 

 

 
              61,453  
           

 

 

 

Healthcare-Services 1.2%

           

 

 

Anthem, Inc., Sr. Unsec’d. Notes

     4.625        05/15/42        30        37,387  

Ascension Health, Sr. Unsec’d. Notes

     2.532        11/15/29        35        36,529  

Kaiser Foundation Hospitals, Unsec’d. Notes

     2.810        06/01/41        45        45,927  

Memorial Sloan-Kettering Cancer Center, Unsec’d. Notes

     2.955        01/01/50        15        15,716  

Methodist Hospital (The), Unsec’d. Notes

     2.705        12/01/50        10        9,957  

New York & Presbyterian Hospital (The), Unsec’d. Notes

     4.024        08/01/45        10        12,737  

Northwestern Memorial Healthcare Obligated Group, Unsec’d. Notes

     2.633        07/15/51        20        19,659  

OhioHealth Corp., Sec’d. Notes

     2.297        11/15/31        30        30,456  

Piedmont Healthcare, Inc., Sec’d. Notes

     2.719        01/01/42        15        14,884  

Quest Diagnostics, Inc., Sr. Unsec’d. Notes

     4.700        03/30/45        8        10,165  

Sentara Healthcare, Sr. Unsec’d. Notes

     2.927        11/01/51        15        15,856  

Stanford Health Care, Unsec’d. Notes

     3.027        08/15/51        20        21,762  

UnitedHealth Group, Inc.,

           

Sr. Unsec’d. Notes

     3.875        08/15/59        13        15,715  

Sr. Unsec’d. Notes

     3.950        10/15/42        30        35,413  
           

 

 

 
                              322,163  
           

 

 

 

Insurance 0.7%

           

 

 

American International Group, Inc., Sr. Unsec’d. Notes

     4.500        07/16/44        25        30,755  

Chubb INA Holdings, Inc., Gtd. Notes

     2.700        03/13/23        8        8,207  

Everest Reinsurance Holdings, Inc., Sr. Unsec’d. Notes

     3.500        10/15/50        8        8,483  

Liberty Mutual Group, Inc., Gtd. Notes, 144A

     3.951        10/15/50        38        43,280  

Lincoln National Corp., Sr. Unsec’d. Notes

     3.050        01/15/30        8        8,450  

Markel Corp.,

           

Sr. Unsec’d. Notes

     4.150        09/17/50        17        20,234  

Sr. Unsec’d. Notes

     4.900        07/01/22        21        21,505  

Principal Financial Group, Inc., Gtd. Notes

     4.625        09/15/42        17        21,466  

W.R. Berkley Corp., Sr. Unsec’d. Notes

     4.000        05/12/50        8        9,386  
           

 

 

 
              171,766  
           

 

 

 

Iron/Steel 0.1%

           

 

 

Steel Dynamics, Inc., Sr. Unsec’d. Notes

     3.450        04/15/30        25        26,648  

Vale Overseas Ltd. (Cayman Islands), Gtd. Notes

     6.250        08/10/26        10        11,375  
           

 

 

 
              38,023  
           

 

 

 

Lodging 0.2%

           

 

 

Marriott International, Inc., Sr. Unsec’d. Notes

     3.125        06/15/26        38        39,903  


 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

CORPORATE BONDS (Continued)

           

Machinery-Constructions & Mining 0.1%

           

 

 

Caterpillar, Inc., Sr. Unsec’d. Notes

     2.600%        09/19/29        13        $13,632  

Machinery-Diversified 0.2%

           

 

 

Flowserve Corp., Sr. Unsec’d. Notes

     2.800        01/15/32        5        4,904  

Westinghouse Air Brake Technologies Corp., Gtd. Notes

     3.200        06/15/25        43        45,093  
           

 

 

 
              49,997  
           

 

 

 

Media 1.3%

           

 

 

Charter Communications Operating LLC/Charter Communications Operating Capital,

           

Sr. Sec’d. Notes

     4.800        03/01/50        64        72,123  

Sr. Sec’d. Notes

     4.908        07/23/25        38        41,933  

Sr. Sec’d. Notes

     6.384        10/23/35        25        32,410  

Comcast Corp., Gtd. Notes

     3.999        11/01/49        42        49,010  

Cox Communications, Inc., Sr. Unsec’d. Notes, 144A

     3.150        08/15/24        13        13,605  

Discovery Communications LLC,

           

Gtd. Notes

     2.950        03/20/23        25        25,644  

Gtd. Notes

     3.625        05/15/30        25        26,774  

Gtd. Notes

     5.200        09/20/47        23        29,004  

ViacomCBS, Inc., Sr. Unsec’d. Notes

     4.375        03/15/43        38        43,052  

Walt Disney Co. (The), Gtd. Notes

     3.600        01/13/51        12        13,765  
           

 

 

 
                              347,320  
           

 

 

 

Mining 0.5%

           

 

 

Barrick North America Finance LLC, Gtd. Notes

     5.750        05/01/43        30        41,544  

Newmont Corp., Gtd. Notes

     2.800        10/01/29        47        48,297  

Southern Copper Corp., Sr. Unsec’d. Notes

     5.250        11/08/42        10        12,442  

Teck Resources Ltd. (Canada), Sr. Unsec’d. Notes

     6.250        07/15/41        30        39,397  
           

 

 

 
              141,680  
           

 

 

 

Miscellaneous Manufacturer 0.4%

           

 

 

Carlisle Cos., Inc., Sr. Unsec’d. Notes

     2.200        03/01/32        30        28,998  

General Electric Co., Sr. Unsec’d. Notes, GMTN

     3.450        05/15/24        34        35,832  

Textron, Inc., Sr. Unsec’d. Notes

     3.375        03/01/28        34        36,474  
           

 

 

 
              101,304  
           

 

 

 

Multi-National 0.4%

           

 

 

Corp. Andina de Fomento (Supranational), Sr. Unsec’d. Notes

     3.750        11/23/23        100        105,352  

Oil & Gas 1.4%

           

 

 

BP Capital Markets America, Inc., Gtd. Notes

     3.790        02/06/24        25        26,445  

Canadian Natural Resources Ltd. (Canada), Sr. Unsec’d. Notes

     2.950        01/15/23        42        42,852  

Cenovus Energy, Inc. (Canada),

           

Sr. Unsec’d. Notes

     3.750        02/15/52        5        4,928  

Sr. Unsec’d. Notes

     4.250        04/15/27        13        14,151  

Sr. Unsec’d. Notes

     5.400        06/15/47        17        20,957  

ConocoPhillips, Gtd. Notes, 144A

     4.300        08/15/28        42        47,521  


PGIM Active Aggregate Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

CORPORATE BONDS (Continued)

           

Oil & Gas (cont’d.)

           

 

 

Continental Resources, Inc., Gtd. Notes, 144A

     2.268%        11/15/26        15        $14,816  

Devon Energy Corp., Sr. Unsec’d. Notes

     5.600        07/15/41        21        26,399  

Diamondback Energy, Inc.,

           

Gtd. Notes

     2.875        12/01/24        21        21,786  

Gtd. Notes

     3.500        12/01/29        30        31,510  

Ecopetrol SA (Colombia), Sr. Unsec’d. Notes

     5.375        06/26/26        10        10,491  

Exxon Mobil Corp., Sr. Unsec’d. Notes

     3.452        04/15/51        8        8,772  

Helmerich & Payne, Inc., Sr. Unsec’d. Notes, 144A

     2.900        09/29/31        30        29,538  

Phillips 66, Gtd. Notes

     2.150        12/15/30        34        32,644  

Pioneer Natural Resources Co., Sr. Unsec’d. Notes

     1.125        01/15/26        42        40,924  
           

 

 

 
                              373,734  
           

 

 

 

Pharmaceuticals 2.0%

           

 

 

AbbVie, Inc.,

           

Sr. Unsec’d. Notes

     3.200        11/21/29        50        53,202  

Sr. Unsec’d. Notes

     4.250        11/21/49        15        18,081  

Sr. Unsec’d. Notes

     4.550        03/15/35        35        41,763  

AstraZeneca Finance LLC, Gtd. Notes

     2.250        05/28/31        3        3,033  

Becton Dickinson & Co., Sr. Unsec’d. Notes

     3.734        12/15/24        3        3,199  

Bristol-Myers Squibb Co.,

           

Sr. Unsec’d. Notes

     3.400        07/26/29        13        14,234  

Sr. Unsec’d. Notes

     5.000        08/15/45        13        17,534  

Cigna Corp.,

           

Gtd. Notes

     4.375        10/15/28        30        34,038  

Sr. Unsec’d. Notes

     2.400        03/15/30        38        38,038  

Sr. Unsec’d. Notes

     3.400        03/15/50        21        21,976  

CVS Health Corp., Sr. Unsec’d. Notes

     5.125        07/20/45        42        55,151  

Johnson & Johnson, Sr. Unsec’d. Notes

     2.450        09/01/60        8        7,686  

Merck & Co., Inc., Sr. Unsec’d. Notes

     3.400        03/07/29        8        8,759  

Mylan, Inc., Gtd. Notes

     5.200        04/15/48        30        37,138  

Pfizer, Inc., Sr. Unsec’d. Notes

     2.550        05/28/40        13        12,947  

Shire Acquisitions Investments Ireland DAC (Ireland),

           

Gtd. Notes

     2.875        09/23/23        64        66,025  

Gtd. Notes

     3.200        09/23/26        59        62,533  

Viatris, Inc., Gtd. Notes

     3.850        06/22/40        38        40,447  
           

 

 

 
              535,784  
           

 

 

 

Pipelines 1.9%

           

 

 

Energy Transfer LP,

           

Sr. Unsec’d. Notes

     4.950        06/15/28        38        42,941  

Sr. Unsec’d. Notes

     6.250        04/15/49        34        44,327  

Enterprise Products Operating LLC,

           

Gtd. Notes

     3.125        07/31/29        30        31,813  

Gtd. Notes

     4.850        03/15/44        25        30,204  

Kinder Morgan, Inc.,

           

Gtd. Notes

     2.000        02/15/31        34        32,077  

Gtd. Notes

     3.250        08/01/50        17        16,070  


 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

CORPORATE BONDS (Continued)

           

Pipelines (cont’d.)

           

 

 

MPLX LP,

           

Sr. Unsec’d. Notes

     4.500%        04/15/38        13        $14,462  

Sr. Unsec’d. Notes

     4.875        06/01/25        55        60,267  

Sr. Unsec’d. Notes

     5.500        02/15/49        17        21,524  

ONEOK Partners LP, Gtd. Notes

     6.125        02/01/41        25        31,983  

ONEOK, Inc.,

           

Gtd. Notes

     3.100        03/15/30        42        42,941  

Gtd. Notes

     3.400        09/01/29        15        15,627  

Gtd. Notes

     4.950        07/13/47        21        24,616  

Phillips 66 Partners LP, Sr. Unsec’d. Notes

     3.550        10/01/26        17        18,168  

Plains All American Pipeline LP/PAA Finance Corp.,

           

Sr. Unsec’d. Notes

     4.500        12/15/26        17        18,565  

Sr. Unsec’d. Notes

     5.150        06/01/42        17        18,883  

Transcontinental Gas Pipe Line Co. LLC,

           

Sr. Unsec’d. Notes

     3.250        05/15/30        21        22,107  

Sr. Unsec’d. Notes

     3.950        05/15/50        21        23,680  
           

 

 

 
              510,255  
           

 

 

 

Real Estate Investment Trusts (REITs) 0.8%

           

 

 

Brixmor Operating Partnership LP, Sr. Unsec’d. Notes

     3.650        06/15/24        55        58,006  

CubeSmart LP, Gtd. Notes

     2.250        12/15/28        15        15,059  

Host Hotels & Resorts LP, Sr. Unsec’d. Notes

     2.900        12/15/31        5        4,866  

Realty Income Corp.,

           

Sr. Unsec’d. Notes

     2.200        06/15/28        10        10,090  

Sr. Unsec’d. Notes

     3.100        12/15/29        29        31,065  

Sr. Unsec’d. Notes

     3.250        01/15/31        25        26,862  

Simon Property Group LP, Sr. Unsec’d. Notes

     3.750        02/01/24        30        31,553  

Spirit Realty LP, Gtd. Notes

     2.700        02/15/32        8        7,938  

Ventas Realty LP, Gtd. Notes

     4.125        01/15/26        17        18,544  

Weyerhaeuser Co., Sr. Unsec’d. Notes

     8.500        01/15/25        13        15,797  
           

 

 

 
                              219,780  
           

 

 

 

Retail 0.3%

           

 

 

Alimentation Couche-Tard, Inc. (Canada), Gtd. Notes, 144A

     4.500        07/26/47        17        20,570  

AutoZone, Inc., Sr. Unsec’d. Notes

     3.750        04/18/29        38        41,858  

Home Depot, Inc. (The), Sr. Unsec’d. Notes

     5.875        12/16/36        8        11,359  

McDonald’s Corp., Sr. Unsec’d. Notes, MTN

     4.700        12/09/35        8        9,827  
           

 

 

 
              83,614  
           

 

 

 

Semiconductors 0.4%

           

 

 

Broadcom, Inc.,

           

Sr. Unsec’d. Notes, 144A

     3.137        11/15/35        42        41,329  

Sr. Unsec’d. Notes, 144A

     3.419        04/15/33        55        56,746  
           

 

 

 
              98,075  
           

 

 

 

Software 0.2%

           

 

 

Microsoft Corp., Sr. Unsec’d. Notes

     2.525        06/01/50        38        37,700  


PGIM Active Aggregate Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

CORPORATE BONDS (Continued)

           

Software (cont’d.)

           

 

 

Oracle Corp., Sr. Unsec’d. Notes

     3.850%        04/01/60        8        $8,333  
           

 

 

 
              46,033  
           

 

 

 

Telecommunications 1.0%

           

 

 

AT&T, Inc.,

           

Sr. Unsec’d. Notes

     3.500        09/15/53        90        90,903  

Sr. Unsec’d. Notes

     4.300        02/15/30        40        45,184  

Sr. Unsec’d. Notes

     4.500        05/15/35        20        23,032  

T-Mobile USA, Inc.,

           

Sr. Sec’d. Notes

     2.050        02/15/28        21        20,673  

Sr. Sec’d. Notes

     3.000        02/15/41        30        28,624  

Sr. Sec’d. Notes

     3.300        02/15/51        13        12,714  

Verizon Communications, Inc., Sr. Unsec’d. Notes

     4.016        12/03/29        47        52,645  
           

 

 

 
              273,775  
           

 

 

 

Transportation 0.0%

           

 

 

CSX Corp., Sr. Unsec’d. Notes

     6.150        05/01/37        8        11,305  

TOTAL CORPORATE BONDS

           
           

 

 

 

(cost $7,826,552)

 

                        7,913,660  
           

 

 

 

MUNICIPAL BONDS 0.5%

           

New Jersey 0.1%

           

 

 

New Jersey Turnpike Authority, Taxable, Revenue Bonds, BABs, Series F

     7.414        01/01/40        10        16,561  

New York 0.1%

           

 

 

New York State Dormitory Authority, Taxable, Revenue Bonds

     2.202        03/15/34        15        14,701  

Port Authority of New York & New Jersey, Consolidated, Revenue Bonds

     4.458        10/01/62        10        13,967  
           

 

 

 
              28,668  
           

 

 

 

Ohio 0.0%

 

 

 

Ohio State University (The), Taxable, Revenue Bonds, Series A

     4.800        06/01/11        10        16,019  

Pennsylvania 0.2%

           

 

 

Pennsylvania Turnpike Commission, Revenue Bonds, BABs, Series B

     5.511        12/01/45        10        14,654  

University of Pittsburgh-of the Commonwealth System of Higher Education, Taxable, Revenue Bonds

     3.555        09/15/19        30        36,499  
           

 

 

 
              51,153  
           

 

 

 

Virginia 0.1%

 

 

 

University of Virginia, Taxable, Revenue Bonds, Series B

     2.584        11/01/51        25        26,112  

TOTAL MUNICIPAL BONDS

           
           

 

 

 

(cost $129,436)

 

        138,513  
           

 

 

 


 

Description    Interest    
Rate
     Maturity    
Date    
     Principal    
Amount    
(000)#    
     Value  

 

 

SOVEREIGN BONDS 1.6%

           

Hungary Government International Bond (Hungary), Sr. Unsec’d. Notes

     7.625%        03/29/41        10        $16,347  

Indonesia Government International Bond (Indonesia), Sr. Unsec’d. Notes

     3.500        01/11/28        200        216,098  

Mexico Government International Bond (Mexico), Sr. Unsec’d. Notes

     6.050        01/11/40        50        61,448  

Peruvian Government International Bond (Peru), Sr. Unsec’d. Notes

     4.125        08/25/27        50        54,740  

Romanian Government International Bond (Romania), Sr. Unsec’d. Notes, 144A

     6.125        01/22/44        40        50,820  

Uruguay Government International Bond (Uruguay), Sr. Unsec’d. Notes

     5.100        06/18/50        15        19,475  

TOTAL SOVEREIGN BONDS

           
           

 

 

 

(cost $422,748)

 

        418,928  
           

 

 

 

U.S. GOVERNMENT AGENCY OBLIGATIONS 25.5%

           

Federal National Mortgage Assoc.

     2.000        TBA        250        256,332  

Federal National Mortgage Assoc.

     2.500        TBA        500        518,225  

Federal National Mortgage Assoc.

     2.500        TBA        2,000        2,044,920  

Federal National Mortgage Assoc.

     2.500        TBA        750        768,720  

Federal National Mortgage Assoc.

     3.000        TBA        500        518,555  

Federal National Mortgage Assoc.

     3.000        TBA        500        519,155  

Federal National Mortgage Assoc.

     4.000        TBA        250        266,304  

Federal National Mortgage Assoc. Pool

     1.500      12/01/50        381        369,008  

Federal National Mortgage Assoc. Pool

     2.000        05/01/36        461        472,998  

Federal National Mortgage Assoc. Pool

     2.000      05/01/51        256        256,179  

Federal National Mortgage Assoc. Pool

     2.500        09/01/41        492        510,632  

Government National Mortgage Assoc.

     2.500        TBA        250        256,812  

Tennessee Valley Authority, Sr. Unsec’d. Notes

     1.500        09/15/31        15        14,831  

TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS

           
           

 

 

 

(cost $6,773,274)

 

                        6,772,671  
           

 

 

 

U.S. TREASURY OBLIGATIONS 22.2%

           

U.S. Treasury Bonds

     1.750      08/15/41        21        20,616  

U.S. Treasury Bonds

     1.875        02/15/41        1,660        1,665,188  

U.S. Treasury Bonds

     2.000      08/15/51        45        47,131  

U.S. Treasury Bonds

     2.250        05/15/41        105        111,792  

U.S. Treasury Bonds

     2.500      02/15/46        1,090        1,228,805  

U.S. Treasury Bonds

     2.750      08/15/47        100        119,094  

U.S. Treasury Bonds

     3.625        08/15/43        245        322,252  

U.S. Treasury Notes

     0.250        09/30/23        55        54,757  

U.S. Treasury Notes

     0.375        01/31/26        50        48,551  

U.S. Treasury Notes(k)

     0.750        03/31/26        450        443,320  

U.S. Treasury Notes

     1.125      02/15/31        303        295,898  

U.S. Treasury Notes

     1.250      11/30/26        145        145,668  

U.S. Treasury Notes

     1.250        09/30/28        5        4,963  

U.S. Treasury Notes

     1.250      08/15/31        224        220,465  

U.S. Treasury Notes

     1.375        11/15/31        240        238,575  

U.S. Treasury Notes

     1.500        11/30/28        105        105,919  

U.S. Treasury Notes

     2.250        11/15/25        40        41,863  


PGIM Active Aggregate Bond ETF

Schedule of Investments (unaudited) (continued)

as of November 30, 2021

 

Description    Interest
Rate
     Maturity
Date
     Principal
Amount
(000)#
     Value  

 

 

U.S. TREASURY OBLIGATIONS (Continued)

           

U.S. Treasury Notes

     2.625%      02/15/29        75        $81,480  

U.S. Treasury Strips Coupon

     1.954(s)      02/15/42        245        163,882  

U.S. Treasury Strips Coupon

     2.511(s)      08/15/44        305        193,901  

U.S. Treasury Strips Coupon

     2.526(s)      02/15/46        450        281,268  

U.S. Treasury Strips Coupon

     2.545(s)      11/15/45        80        50,178  

TOTAL U.S. TREASURY OBLIGATIONS

           
           

 

 

 

(cost $5,727,600)

 

        5,885,566  
           

 

 

 

TOTAL LONG-TERM INVESTMENTS

           

(cost $25,945,309)

 

        26,192,793  
           

 

 

 
       Shares                 
        

 

 

    

SHORT-TERM INVESTMENT 20.3%

           

AFFILIATED MUTUAL FUND 20.3%

           

PGIM Core Ultra Short Bond Fund (cost $5,363,993)(wa)

           5,363,993        5,363,993  
        

 

 

 

TOTAL INVESTMENTS 119.1%

(cost $31,309,302)

              31,556,786  
     

 

 

 

Liabilities in excess of other assets (19.1)%

              (5,071,670
     

 

 

 

NET ASSETS 100.0%

            $         26,485,116  
           

 

 

 

The following abbreviations are used in the quarterly report:

144A-Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers.

BABs-Build America Bonds

CLO-Collateralized Loan Obligation

GMTN-Global Medium Term Note

LIBOR-London Interbank Offered Rate

MTN-Medium Term Note

SOFR-Secured Overnight Financing Rate

SOFR30A-30-Day Average Secured Overnight Financing Rate

Strips-Separate Trading of Registered Interest and Principal of Securities

TBA-To Be Announced

#

Principal or notional amount is shown in U.S. dollars unless otherwise stated.

 

(c)

Variable rate instrument. The interest rate shown reflects the rate in effect at November 30, 2021.

(cc)

Variable rate instrument. The rate shown is based on the latest available information as of November 30, 2021. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description.

(k)

Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives.

(s)

Represents zero coupon bond. Rate represents yield to maturity at purchase date.

(wa)

PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund and the PGIM Institutional Money Market Fund, if applicable.


 

Futures contracts outstanding at November 30, 2021:

 

Number of
contracts

    

Type

   Expiration Date      Current
Notional
Amount
     Value /
Unrealized
Appreciation
(Depreciation)
   Long Positions:         
  1      10 Year U.S. Treasury Notes      Mar. 2022      $ 130,813      $1,828 
  13      2 Year U.S. Treasury Notes      Mar. 2022            2,843,547        4,785
  24      5 Year U.S. Treasury Notes      Mar. 2022        2,913,563      22,342
           

 

            28,955
           

 

   Short Positions:         
  12      U.S. Long Bond      Mar. 2022        1,945,500      (34,002)
  7      U.S. Ultra 10-Year Notes      Mar. 2022        1,028,234      (20,961)
  4      U.S. Ultra Bond      Mar. 2022        802,250      (26,336)
           

 

            (81,299)
           

 

            $(52,344) 
           

 

Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings