Destinations Low Duration Fixed Income Fund
Overview
The Destinations Low Duration Fixed Income Fund seeks current income and invests in multi-sector fixed income, investment-grade corporate credit, high yield corporate credit and low duration securities.
Employing a multi-manager approach, the Fund currently allocates assets among the following sub-advisers:
- CrossingBridge Advisors, LLC is the sub-adviser of CrossingBridge Low Duration High Yield which invests in a number of underlying event driven high yield credit opportunities with an estimated holding life of several months to three years.
- DoubleLine Capital LP is the sub-adviser of DoubleLine Low Duration which seeks to maximize current income through investing in a variety of fixed income sectors with an average effective duration of three years of less.
| I Share Fund performance as of 9/30/2022 | ||||||||||||||
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| MTD | QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | ||||||||
| Destinations Low Duration Fixed Income Fund |
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| ICE BofA US High Yield 0-3 Year Index |
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| ICE BofA US Treasury 1-3 Year Treasury Index |
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ICE BofA US High Yield 0-3 Year Index: A subset of The Bank of America Merrill Lynch US High Yield Index including all securities with an average life of less than 3 years.
ICE BofA US Treasury 1-3 Year Treasury Index: An unmanaged index that tracks the performance of the direct sovereign debt of the US Government having a maturity of at least one year and less than three years.
An investment in the Destinations Low Duration Fixed Income Fund is subject to risk, including the possible loss of principal amount invested.
Derivatives, such as futures, involve risks different from, or possibly greater than, risks associated with investing directly in securities and other traditional investments. Specific risk issues include tax issues, increased potential for losses and/or costs to the Fund, and a potential reduction in gains to the Fund.
The prices of the Fund’s fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments and their agencies. Generally, the Fund’s fixed income securities will decrease in value if interest rates rise and vice versa. In a low interest rate environment, risks associated with rising rates are heightened.
Foreign securities subject the Fund to the risks associated with investing in the particular country of an issuer, including the political, regulatory, economic, social, diplomatic and other conditions or events, as well as risks associated with less developed custody and settlement practices. Foreign securities may be more volatile and less liquid than securities of U.S. companies. Risks of foreign investment tend to be greater in emerging markets, which tend to be more likely to experience political turmoil or rapid change to market or economic conditions.
The risk that debt instruments quality are predominantly speculative. Known as ‘junk bonds,’ these have a higher degree of default risk and may be less liquid than higher-rated bonds, may be subject to greater price volatility.
Liquidity risk refers to the possibility that securities cannot be readily sold within seven days at approximately the price at which the Fund has valued them.
With securities lending risk, the Fund may lose money from securities lending if, for example, it is delayed in or prevented from selling the collateral after the loan is made or recovering the securities loaned or if it incurs losses on the reinvestment of cash collateral.
Fund facts
- Ticker: DLDFX
- CUSIP: 10964R707
- Benchmark: ICE BofA US High Yield 0-3 Year Index, ICE BofA US Treasury 1-3 Year Treasury Index
- Inception date: 03/20/2017
- Gross expense ratio: 0.93%
- Net expense ratio: 0.93%*
Management team
Brian Storey CFA, Head of Discretionary Portfolios, Brinker Capital InvestmentsBrian Storey is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Brian is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence.
Prior to joining Brinker Capital, Brian was a Senior Portfolio Manager at First Citizens Bank where he oversaw portfolio construction for the globally-diversified investment strategies utilized by the firm’s private wealth and institutional clients. Previously, he served in various leadership and operational roles during his five years as an officer in the U.S. Coast Guard.
Brian graduated from the United States Coast Guard Academy with a Bachelor of Science in management and earned his Master of Business Administration from Duke University’s Fuqua School of Business where he graduated as a Fuqua scholar. Brian is a CFA® charterholder and holds the FINRA Series 65 designation. He is a member of the CFA® Institute and the CFA® Society North Carolina.
- Grant Engelbart CFA, CAIA, Senior Portfolio Manager, Brinker Capital Investments
Grant Engelbart is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he manages several ETF and mutual fund separate account strategies. He serves on several committees across Brinker Capital’s parent company, Orion Advisor Solutions. Grant first joined Orion in 2007 and returned to the company in 2009. He held several roles in trading and investment research before accepting the role of portfolio manager in 2013.
Prior to joining Brinker Capital Investments, Grant held positions at CLS Investments (which has since rebranded to Brinker Capital Investments), TD Ameritrade, and State Street Corporation. Grant received his Bachelor of Science in finance from the University of Nebraska at Lincoln. He is a CFA® charterholder, holds the Chartered Alternative Investment Analyst (CAIA) designation, and FINRA Series 65 license. He is a member of the CFA® Society of Nebraska and the CAIA Chicago chapter. In 2018, Grant was named one of the Top Ten Money Managers to Watch by Money Management Executive.
- Michael Hadden CFA, Portfolio Manager, Brinker Capital Investments
Michael Hadden is a portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he co-manages a variety of ETF and mutual fund asset allocation strategies, spending considerable time researching the ETF universe while closely monitoring the security selection within portfolios. Previously, he served as an investment analyst and associate portfolio manager for CLS Investments.
Michael joined CLS in 2017. He graduated with honors and high distinction from the University of Nebraska at Lincoln with a Bachelor of Science degree in finance and accounting. He is a CFA® charterholder and holds the FINRA Series 65 license. Michael is a member of the CFA® Society of Nebraska.
Performance
| I Share Fund performance as of 9/30/2022 | ||||||||||||||||||||
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| MTD | QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | Inception Date | Gross expense ratio | Net expense ratio* | |||||||||||
| Destinations Low Duration Fixed Income Fund |
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| ICE BofA US High Yield 0-3 Year Index |
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| ICE BofA US Treasury 1-3 Year Treasury Index |
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ICE BofA US High Yield 0-3 Year Index: A subset of The Bank of America Merrill Lynch US High Yield Index including all securities with an average life of less than 3 years.
Holdings
| Security Description | Ticker Symbol | Security ID | Security Type Description | Quantity | Base Market Value | Percent TNA |
|---|---|---|---|---|---|---|
| EURO | CASHEUR | CURRENCY | -615,122.3900 | -640,280.87 | -.13 | |
| US DOLLARS | CASHUSD | CURRENCY | 38,053,439.7800 | 38,053,439.78 | 7.82 | |
| ST ENERGY TRANSITION I LTD | BMX6TV2 | COMMON STOCK | 15,207.0000 | 154,198.98 | .03 | |
| FINANCIALS ACQUISITIO-DI /GBP/ | BPSPGW5 | COMMON STOCK | 150,348.0000 | 1,812,445.13 | .37 | |
| FINANCIALS ACQUISITION CORP WRT 04/04/27 /GBP/ | BPSPHR7 | WARRANTS | 75,173.0000 | 3,624.84 | .00 | |
| AGILE GROWTH CORP-A | AGGR | BL6KG24 | COMMON STOCK | 102,815.0000 | 1,030,206.30 | .21 |
| INNOVATIVE INTERNATIONAL A-A | BMC0YW1 | COMMON STOCK | 164,979.0000 | 1,694,334.33 | .35 | |
| BRIGADE-M3 EUROPE WRT 01/17/27 | BMG7376 | WARRANTS | 130,314.0000 | 14,334.54 | .00 | |
| PORTAGE FINTECH ACQUISITIO-A | PFTA | BMZ4J69 | COMMON STOCK | 44,760.0000 | 447,152.40 | .09 |
| CRESCENT COVE ACQUISITION-A | BMZ5LS8 | COMMON STOCK | 61,857.0000 | 622,281.42 | .13 | |
| ITIQUIRA ACQUISITION CORP-A | ITQ | BNDJVQ7 | COMMON STOCK | 23,979.0000 | 240,749.16 | .05 |
| ELLIOTT OPPORTUNITY II COR-A | BNK8ZN2 | COMMON STOCK | 49,230.0000 | 491,315.40 | .10 | |
| PERIDOT ACQUISITION CORP-A | PDOT | BNSNZN9 | COMMON STOCK | 82,671.0000 | 828,363.42 | .17 |
| BULLPEN PARLAY ACQUISITION-A | BNZJ5F2 | COMMON STOCK | 52,860.0000 | 538,114.80 | .11 | |
| CRESCERA CAPITAL ACQUIS-CL A | BPRB7J8 | COMMON STOCK | 41,264.0000 | 420,892.80 | .09 | |
| ENTERPRISE 4.0 TECHNOLOGY AC | ENTF | G3137C106 | COMMON STOCK | 26,868.0000 | 274,859.64 | .06 |
| IBERE PHARMACEUTICALS | IBER | G46843101 | COMMON STOCK | 102,400.0000 | 1,027,072.00 | .21 |
| ICONIC SPORTS ACQ CORP-A | ICNC | G4712C107 | COMMON STOCK | 208,716.0000 | 2,143,513.32 | .44 |
| PONTEM CORP-CLASS A | PNTM | G71707106 | COMMON STOCK | 133,467.0000 | 1,340,008.68 | .28 |
| PYROPHYTE ACQUISITION CORP | PHYT | G7308P101 | COMMON STOCK | 29,037.0000 | 297,629.25 | .06 |
| TIO TECH A- CLASS A | TIOA | G8T10C106 | COMMON STOCK | 220,000.0000 | 2,202,200.00 | .45 |
| HAMBRO PERKS ACQ-CLASS A /GBP/ | BMCP7B6 | COMMON STOCK | 262,512.0000 | 3,180,405.05 | .65 | |
| HAMBRO PERKS WT EX 06/30/24 | BPGZVF5 | WARRANTS | 131,256.0000 | 12,658.33 | .00 | |
| HIRO METAVERSE AC-CLASS /GBP/ | BNNWYQ7 | COMMON STOCK | 144,837.0000 | 1,750,375.05 | .36 | |
| HIRO METAV WRT 12/21/26 /GBP/ | BNNWYR8 | WARRANTS | 72,418.0000 | 13,531.48 | .00 | |
| GP BULLHOUND ACQUISITIO- /EUR/ | BMC45N1 | COMMON STOCK | 116,382.0000 | 1,206,574.51 | .25 | |
| GP BULLHOU WRT 03/11/27 /EUR/ | BMC4Y56 | WARRANTS | 58,191.0000 | 15,142.75 | .00 | |
| ARROWROOT ACQUISITION CORP-A | ARRW | 04282M102 | COMMON STOCK | 10,094.0000 | 100,536.24 | .02 |
| DHB CAPITAL CORP-CL A | 23291W109 | COMMON STOCK | 7,704.0000 | 77,579.28 | .02 | |
| DHB CAP CORP WT EX 03/15/26 | 23291W117 | WARRANTS | 2,568.0000 | 1.54 | .00 | |
| AXON INFRASTRUCTURE ACQ | 34JWX5 | COMMON STOCK | 8,000.0000 | 484.80 | .00 | |
| BERENSON ACQUISITION CORP I | 34KRVP | OTHER EQUITY | 25,927.0000 | 1,700.81 | .00 | |
| REVELSTONE CAPITAL ACQUISITI | 34MJXD | OTHER EQUITY | 12,300.0000 | 615.00 | .00 | |
| ALPHA PARTNERS TECHNOLOGY CL A | 34MKQ9 | COMMON STOCK | 16,305.0000 | 929.39 | .00 | |
| GOAL ACQUISITIONS CORP | 38021H107 | COMMON STOCK | 305,331.0000 | 3,038,043.45 | .62 | |
| GOLDEN FALCON ACQUISITI-CL A | 38102H109 | COMMON STOCK | 90,017.0000 | 903,770.68 | .19 | |
| ISHARES CORE 1-5 YEAR USD BO | ISTB | 46432F859 | POOLED INVESTMENTS | 1,803,255.0000 | 84,157,910.85 | 17.29 |
| LEAFLY HLDGS WT EX 01/17/2027 | 52178J113 | WARRANTS | 43,327.0000 | 2,621.28 | .00 | |
| MASON INDUSTRIAL TECHN-CL A | MIT | 57520Y106 | COMMON STOCK | 468,448.0000 | 4,661,057.60 | .96 |
| PIVOTAL INVESTMENT CORPIII-A | 72582M106 | COMMON STOCK | 151,077.0000 | 1,510,770.00 | .31 | |
| INFRABUILD AUSTRA 12% 10/01/24 | 45682RAA8 | CORPORATE BONDS | 4,289,000.0000 | 4,160,330.00 | .85 | |
| MACQUARIE GROUP L V/R 03/27/24 | 55608JAL2 | CORPORATE BONDS | 150,000.0000 | 149,237.31 | .03 | |
| CAI 2020-1A A 2.22% 03/27/28 | 12807CAA1 | ASSET BACKED | 407,916.6700 | 351,574.85 | .07 | |
| RIAL 2022-FL8 A V/R 01/19/37 | 76243NAA4 | ASSET BACKED | 200,000.0000 | 195,000.00 | .04 | |
| TRITON CONTAINER 0.8% 08/01/23 | 89680YAD7 | CORPORATE BONDS | 135,000.0000 | 130,050.84 | .03 | |
| GOLAR LNG LTD 7% 10/20/25 | G4023LAB7 | CORPORATE BONDS | 13,591,000.0000 | 12,775,540.00 | 2.63 | |
| BANK OF MONTREAL V/R 03/08/24 | 06368FAH2 | CORPORATE BONDS | 150,000.0000 | 149,286.87 | .03 | |
| BANK OF NOVA SC 0.65% 07/31/24 | 0641596E1 | CORPORATE BONDS | 80,000.0000 | 74,412.52 | .02 | |
| CANADIAN PACIFI 1.35% 12/02/24 | 13645RBD5 | CORPORATE BONDS | 160,000.0000 | 148,992.91 | .03 | |
| COLUMBIA CARE IN 9.5% 02/03/26 | 197309AP2 | CORPORATE BONDS | 13,681,000.0000 | 13,475,785.00 | 2.77 | |
| GREENFIRE RESOURC 12% 08/15/25 | 36136LAA2 | CORPORATE BONDS | 2,277,000.0000 | 2,413,620.00 | .50 | |
| ROYAL BANK OF 3.375% 04/14/25 | 78016EZ59 | CORPORATE BONDS | 155,000.0000 | 150,068.28 | .03 | |
| TACORA RESOURCE 8.25% 05/15/26 | 87356LAA8 | CORPORATE BONDS | 6,500,000.0000 | 5,330,195.91 | 1.10 | |
| TORONTO-DOMINION 0.7% 09/10/24 | 89114TZE5 | CORPORATE BONDS | 165,000.0000 | 153,111.17 | .03 | |
| MEGLOBAL CANADA UL 5% 05/18/25 | BMFG2R7 | CORPORATE BONDS | 200,000.0000 | 195,308.80 | .04 | |
| COPPER MOUNTAIN MI 8% 04/09/26 | C2783GAA8 | CORPORATE BONDS | 7,653,681.0000 | 7,098,789.13 | 1.46 | |
| ACREC 2021-FL1 A V/R 09/16/26 | 00500RAA3 | ASSET BACKED | 209,000.0000 | 198,814.16 | .04 | |
| ALLEG 2019-1A AR V/R 07/20/32 | 01750FAJ5 | ASSET BACKED | 1,000,000.0000 | 975,000.00 | .20 | |
| ARCLO 2020-FL1 A V/R 12/15/24 | 03880WAC2 | ASSET BACKED | 177,000.0000 | 170,187.06 | .03 | |
| ARCLO 2021-FL2 A V/R 02/15/26 | 03881EAA5 | ASSET BACKED | 225,000.0000 | 218,359.01 | .04 | |
| AVOLON HOLDING 5.125% 10/01/23 | 05401AAB7 | CORPORATE BONDS | 15,000.0000 | 14,798.21 | .00 | |
| BSPRT 2019-FL5 A V/R 05/15/29 | 05587TAA4 | ASSET BACKED | 15,609.0600 | 15,580.92 | .00 | |
| BRSP 2021-FL1 A V/R 08/19/38 | 05591XAA9 | ASSET BACKED | 184,000.0000 | 177,868.79 | .04 | |
| BSPRT 2021-FL6 A V/R 03/15/36 | 05601HAA2 | ASSET BACKED | 193,000.0000 | 187,970.32 | .04 | |
| BSPRT 2021-FL7 A V/R 12/15/38 | 05602CAA2 | ASSET BACKED | 209,000.0000 | 199,716.81 | .04 | |
| BCC 2019-1A AR V/R 04/19/34 | 05683VAS3 | ASSET BACKED | 500,000.0000 | 482,631.85 | .10 | |
| BCC 2021-1A A V/R 04/18/34 | 05684LAC9 | ASSET BACKED | 500,000.0000 | 482,698.40 | .10 | |
| CHCP 2021-FL1 A V/R 02/15/38 | 12546JAA2 | ASSET BACKED | 234,592.5400 | 229,062.56 | .05 | |
| CHCP 2021-FL1 AS V/R 02/15/38 | 12546JAC8 | ASSET BACKED | 100,000.0000 | 96,147.28 | .02 | |
| CLNC 2019-FL1 AS V/R 12/19/25 | 12565DAC7 | ASSET BACKED | 177,000.0000 | 170,805.00 | .04 | |
| CGMS 2021-7A A1 V/R 10/15/35 | 14316WAA7 | ASSET BACKED | 1,000,000.0000 | 965,510.30 | .20 | |
| FSRIA 2021-FL3 A V/R 08/16/26 | 30323CAA8 | ASSET BACKED | 209,000.0000 | 198,786.48 | .04 | |
| FPPC 2022-1A A V/R 04/14/35 | 35455DAA5 | ASSET BACKED | 1,000,000.0000 | 960,878.00 | .20 | |
| GALXY 2018-27A A V/R 05/16/31 | 36320UAC4 | ASSET BACKED | 500,000.0000 | 488,507.40 | .10 | |
| GWOLF 2018-2A A1 V/R 10/20/31 | 39809AAA6 | ASSET BACKED | 1,000,000.0000 | 979,023.40 | .20 | |
| GSTNE 2021-FL3 A V/R 07/15/39 | 39809PAA3 | ASSET BACKED | 184,000.0000 | 174,757.24 | .04 | |
| GSM 2021-IIIA A1 V/R 04/15/34 | 402512AA5 | ASSET BACKED | 1,000,000.0000 | 973,107.40 | .20 | |
| HGI 2021-FL1 A V/R 06/16/36 | 40441LAA4 | ASSET BACKED | 191,706.5200 | 182,849.68 | .04 | |
| HLSY 2021-5A A1A V/R 01/30/35 | 406371AA2 | ASSET BACKED | 500,000.0000 | 483,239.65 | .10 | |
| HAYFN 2018-8A A V/R 04/20/31 | 42086PAC7 | ASSET BACKED | 500,000.0000 | 485,928.20 | .10 | |
| LNCR 2019-CRE3 A V/R 02/15/24 | 53947DAC0 | ASSET BACKED | 145,400.0200 | 144,856.44 | .03 | |
| MF1 2021-FL6 A V/R 06/16/26 | 55283TAA6 | ASSET BACKED | 200,000.0000 | 191,214.02 | .04 | |
| MF1 2021-FL7 A V/R 10/16/36 | 55284AAA6 | ASSET BACKED | 208,000.0000 | 198,821.21 | .04 | |
| MP21 2021-3A A1 V/R 10/17/34 | 56606KAA3 | ASSET BACKED | 1,000,000.0000 | 968,543.00 | .20 | |
| NLY 2019-FL2 AS V/R 12/15/22 | 629167AC1 | ASSET BACKED | 341,000.0000 | 334,196.10 | .07 | |
| WOODS 2017-16A A V/R 11/15/30 | 66859WAA0 | ASSET BACKED | 988,760.7200 | 976,155.11 | .20 | |
| OCP 2014-5A A1R V/R 04/26/31 | 67102SAL8 | ASSET BACKED | 250,000.0000 | 244,553.55 | .05 | |
| OCTR 2014-5A ARR V/R 10/13/31 | 67515EAR7 | ASSET BACKED | 982,915.5700 | 960,388.03 | .20 | |
| PFP 2021-8 A V/R 08/09/37 | 69357XAA9 | ASSET BACKED | 180,094.1900 | 173,485.04 | .04 | |
| PARK AEROSPACE H 4.5% 03/15/23 | 70014LAC4 | CORPORATE BONDS | 110,000.0000 | 109,452.80 | .02 | |
| STWD 2021-FL2 A V/R 03/18/25 | 78486BAA2 | ASSET BACKED | 200,000.0000 | 194,375.00 | .04 | |
| SNDPT 2017-4A A1 V/R 01/21/31 | 83609TAA5 | ASSET BACKED | 500,000.0000 | 487,916.15 | .10 | |
| SNDPT 2014-2RA A V/R 10/20/31 | 83613WAA2 | ASSET BACKED | 1,000,000.0000 | 982,962.20 | .20 | |
| STCR 2018-2A A V/R 08/18/31 | 85816LAA6 | ASSET BACKED | 1,000,000.0000 | 978,200.00 | .20 | |
| TRTX 2021-FL4 A V/R 03/15/38 | 87276WAA1 | ASSET BACKED | 200,000.0000 | 193,125.00 | .04 | |
| TRANSOCEAN SEN 5.375% 05/15/23 | 89385AAA3 | CORPORATE BONDS | 1,974,012.1500 | 1,954,788.21 | .40 | |
| VIBR 2018-8A A1A V/R 01/20/31 | 92558FAA7 | ASSET BACKED | 500,000.0000 | 491,092.95 | .10 | |
| WELF 2019-XA A1R V/R 07/20/32 | 94949WAM8 | ASSET BACKED | 500,000.0000 | 483,235.10 | .10 | |
| SABLE INTL FINA 5.75% 09/07/27 | BJN5MK8 | CORPORATE BONDS | 200,000.0000 | 182,500.00 | .04 | |
| INTEROCEANICA 0% 11/30/25 | P52715AB8 | CORPORATE BONDS | 18,259.7400 | 14,707.31 | .00 | |
| AES ANDES SA V/R 03/26/79 | 00105DAF2 | CORPORATE BONDS | 200,000.0000 | 185,086.35 | .04 | |
| EMPRESA ELECTRIC 5.5% 05/14/27 | BK254C2 | CORPORATE BONDS | 132,720.0000 | 116,529.49 | .02 | |
| EMPRESA ELECTR 4.875% 05/25/29 | P3713QAA5 | CORPORATE BONDS | 113,000.0000 | 99,863.75 | .02 | |
| GNL QUINTERO S 4.634% 07/31/29 | P4909LAA8 | CORPORATE BONDS | 164,720.0000 | 156,565.30 | .03 | |
| BANCOLOMBIA SA V/R 10/18/27 | 05968LAK8 | CORPORATE BONDS | 200,000.0000 | 191,500.00 | .04 | |
| REPUBLIC OF COLO 4.5% 01/28/26 | 195325CX1 | GOVERNMENT BONDS | 200,000.0000 | 185,454.89 | .04 | |
| ECOPETROL SA 4.125% 01/16/25 | 279158AK5 | CORPORATE BONDS | 100,000.0000 | 94,117.13 | .02 | |
| BBVA COLOMBIA 4.875% 04/21/25 | P1024TAN9 | CORPORATE BONDS | 200,000.0000 | 190,000.01 | .04 | |
| LR GLOBAL HO V/R 02/03/25/EUR/ | BMFN5V3 | CORPORATE BONDS | 4,350,000.0000 | 3,373,296.55 | .69 | |
| ADANI PORTS AND SP 4% 07/30/27 | BF0MQ91 | CORPORATE BONDS | 200,000.0000 | 174,492.52 | .04 | |
| ADANI INTERNATIONA 3% 02/16/31 | Y0R14UAA9 | CORPORATE BONDS | 187,500.0000 | 146,900.77 | .03 | |
| RELIANCE INDUS 4.125% 01/28/25 | Y72596BU5 | CORPORATE BONDS | 250,000.0000 | 242,246.83 | .05 | |
| FREEPORT INDON 4.763% 04/14/27 | 69377FAA4 | CORPORATE BONDS | 200,000.0000 | 192,200.00 | .04 | |
| INDONESIA ASAHA 4.75% 05/15/25 | Y7140WAE8 | CORPORATE BONDS | 200,000.0000 | 195,562.86 | .04 | |
| BANK LEUMI LE-ISR V/R 01/29/31 | 06326BAA7 | CORPORATE BONDS | 200,000.0000 | 177,750.00 | .04 | |
| BANK HAPOALIM V/R 01/21/32 | BNRR5X2 | CORPORATE BONDS | 200,000.0000 | 170,644.00 | .04 | |
| LINKEM SPA V/R 11/09/22/EUR/ | 333CY4 | CORPORATE BONDS | 6,342,000.0000 | 6,535,373.68 | 1.34 | |
| GALAXY PIPELINE 1.75% 09/30/27 | BNC1DT1 | CORPORATE BONDS | 162,397.9700 | 150,033.06 | .03 | |
| GUARA NORTE SA 5.198% 06/15/34 | L4R02QAA8 | CORPORATE BONDS | 187,230.0000 | 154,932.83 | .03 | |
| MILLICOM INTL 5.125% 01/15/28 | L6388GAB6 | CORPORATE BONDS | 180,000.0000 | 162,772.20 | .03 | |
| SEASPAN CORP 6.5% 02/05/24 | BLH1XN6 | CORPORATE BONDS | 300,000.0000 | 297,000.00 | .06 | |
| UPL CORP LTD 4.5% 03/08/28 | BFX1K48 | CORPORATE BONDS | 200,000.0000 | 167,787.09 | .03 | |
| BANCO MERCANTIL DE V/R /PERP/ | P1401KAA9 | CORPORATE BONDS | 200,000.0000 | 172,600.00 | .04 | |
| BANCO NACIONAL CO V/R 08/11/31 | P1451JAA1 | CORPORATE BONDS | 200,000.0000 | 169,000.00 | .03 | |
| BBVA BANCOMER SA V/R 11/12/29 | P16259AL0 | CORPORATE BONDS | 200,000.0000 | 194,000.00 | .04 | |
| MEXICO GENERADOR 5.5% 12/06/32 | P66208AA0 | CORPORATE BONDS | 141,537.4600 | 134,724.29 | .03 | |
| AZERION HO 7.25% 04/28/24/EUR/ | BMD6871 | CORPORATE BONDS | 2,529,000.0000 | 2,424,473.56 | .50 | |
| SCHLETTER IN V/R 09/12/25/EUR/ | BPG3QN2 | CORPORATE BONDS | 1,610,000.0000 | 1,699,365.27 | .35 | |
| CLEAR CHANNEL 6.625% 08/01/25 | 18452MAB2 | CORPORATE BONDS | 8,982,000.0000 | 8,501,053.15 | 1.75 | |
| T/L LEALAND FINAN 0% 06/28/24 | LX188995 | LOAN | 2,695,935.1100 | 1,684,959.44 | .35 | |
| BRASKEM NETHERLAN V/R 01/23/81 | N15516AF9 | CORPORATE BONDS | 200,000.0000 | 192,994.00 | .04 | |
| MHH HOLDING BV V/R 02/10/25 | N4071MAA0 | CORPORATE BONDS | 3,610,000.0000 | 3,610,000.00 | .74 | |
| MINEJESA CAPIT 4.625% 08/10/30 | N57445AA1 | CORPORATE BONDS | 200,000.0000 | 174,000.00 | .04 | |
| FIVEN AS V/R 06/21/24/EUR/ | BN6M4M0 | CORPORATE BONDS | 6,623,000.0000 | 6,721,533.43 | 1.38 | |
| NOR5KE VIKIN V/R 05/03/24/NOK/ | R3R18DAA5 | CORPORATE BONDS | 7,100,000.0000 | 715,758.52 | .15 | |
| NORDIC CAPIT V/R 06/30/24/NOK/ | R4976GAB3 | CORPORATE BONDS | 20,400,000.0000 | 2,016,063.53 | .41 | |
| REPUBLIC OF PAN 3.75% 03/16/25 | 698299BE3 | GOVERNMENT BONDS | 200,000.0000 | 194,510.30 | .04 | |
| BANCO CONTINENT 2.75% 12/10/25 | 059490AB8 | CORPORATE BONDS | 150,000.0000 | 130,687.50 | .03 | |
| BBVA BANCO CONTIN V/R 09/22/29 | BQVBHX5 | CORPORATE BONDS | 100,000.0000 | 97,000.00 | .02 | |
| BANCO INTERNAC DE V/R 07/08/30 | P13435AD7 | CORPORATE BONDS | 150,000.0000 | 135,081.00 | .03 | |
| CORP FINANCIERA D V/R 07/15/29 | P3R94GAA7 | GOVERNMENT BONDS | 200,000.0000 | 188,802.00 | .04 | |
| TRANSPORT DE GA 4.25% 04/30/28 | P9367RAG6 | CORPORATE BONDS | 200,000.0000 | 187,352.00 | .04 | |
| PSA TREASURY PTE 2.5% 04/12/26 | BYQ9N32 | CORPORATE BONDS | 200,000.0000 | 187,248.00 | .04 | |
| SINGTEL GROUP T 3.25% 06/30/25 | BYTGS46 | CORPORATE BONDS | 200,000.0000 | 192,514.98 | .04 | |
| REPUBLIC OF SO 4.875% 04/14/26 | 836205AT1 | GOVERNMENT BONDS | 200,000.0000 | 195,329.20 | .04 | |
| NONGHYUP BANK 1.25% 07/20/25 | 65540KAD7 | CORPORATE BONDS | 200,000.0000 | 178,637.90 | .04 | |
| AI CANDELARIA SP 7.5% 12/15/28 | BGL1H02 | CORPORATE BONDS | 250,000.0000 | 233,190.00 | .05 | |
| BROADCOM CRP / 3.875% 01/15/27 | 11134LAH2 | CORPORATE BONDS | 40,000.0000 | 37,867.17 | .01 | |
| CONNECT FINCO S 6.75% 10/01/26 | 20752TAA2 | CORPORATE BONDS | 6,536,000.0000 | 6,176,520.00 | 1.27 | |
| DESENIO GROU V/R 12/16/24/SEK/ | W2R21YAA0 | CORPORATE BONDS | 3,750,000.0000 | 173,252.24 | .04 | |
| GO NORTH GRO V/R 07/15/25/SEK/ | W3578FAA5 | CORPORATE BONDS | 43,750,000.0000 | 4,249,665.38 | .87 | |
| ADDVISE GROU V/R 05/21/24/SEK/ | W49283AB5 | CORPORATE BONDS | 20,620,000.0000 | 1,968,755.48 | .40 | |
| IMPALA GROUP V/R 10/20/24/SEK/ | G4722LAA3 | CORPORATE BONDS | 13,750,000.0000 | 1,237,836.62 | .25 | |
| BAT INTL FINAN 1.668% 03/25/26 | 05530QAN0 | CORPORATE BONDS | 100,000.0000 | 88,642.88 | .02 | |
| JAGUAR LAND RO 5.625% 02/01/23 | 47010BAA2 | CORPORATE BONDS | 894,000.0000 | 885,271.33 | .18 | |
| ROYALTY PHARMA 0.75% 09/02/23 | 78081BAG8 | CORPORATE BONDS | 115,000.0000 | 110,998.03 | .02 | |
| ROYALTY PHARMA P 1.2% 09/02/25 | 78081BAH6 | CORPORATE BONDS | 40,000.0000 | 35,853.62 | .01 | |
| ACCSS 2004-2 A3 V/R 10/25/24 | 00432CBW0 | ASSET BACKED | 26,183.5300 | 26,080.38 | .01 | |
| ACCSS 2007-A A3 V/R 05/25/36 | 00432CDJ7 | ASSET BACKED | 147,458.8600 | 142,268.03 | .03 | |
| AFFRM 2020-Z2 A 1.9% 01/15/24 | 00834AAA7 | ASSET BACKED | 42,124.2900 | 40,872.14 | .01 | |
| AFFRM 2021-Z1 1.07% 08/15/24 | 00834CAA3 | ASSET BACKED | 100,737.1200 | 97,698.84 | .02 | |
| ALBERTSONS COS/S 3.5% 02/15/23 | 013092AD3 | CORPORATE BONDS | 5,633,000.0000 | 5,604,835.00 | 1.15 | |
| AMERICAN EXPRESS V/R 03/04/25 | 025816CR8 | CORPORATE BONDS | 65,000.0000 | 65,010.52 | .01 | |
| AMERICAN EXPRE 3.375% 05/03/24 | 025816CV9 | CORPORATE BONDS | 75,000.0000 | 73,523.03 | .02 | |
| AMERICAN GREETI 8.75% 04/15/25 | 026375AR6 | CORPORATE BONDS | 2,250,000.0000 | 2,179,687.50 | .45 | |
| ANA INTL/ANA HOLD 15% 08/15/25 | 03254TAA1 | CORPORATE BONDS | 3,732,610.0000 | 3,620,631.70 | .74 | |
| AOMT 2020-6 A1 V/R 09/25/24 | 03465AAA7 | ASSET BACKED | 227,258.1500 | 192,250.49 | .04 | |
| AQFIT 2020-AA A 1.9% 12/17/25 | 038413AA8 | ASSET BACKED | 52,131.4600 | 49,114.54 | .01 | |
| AMMST 2021-MF 2.023% 06/15/26 | 03881VAC3 | ASSET BACKED | 183,000.0000 | 161,972.84 | .03 | |
| ATHENE GLOBAL FUN V/R 05/24/24 | 04685A2X8 | CORPORATE BONDS | 155,000.0000 | 152,017.67 | .03 | |
| BBCMS 2019-BWAY V/R 11/15/21 | 05492NAA1 | ASSET BACKED | 200,000.0000 | 189,303.14 | .04 | |
| BAT CAPITAL CO 2.789% 09/06/24 | BTI24 | 05526DBG9 | CORPORATE BONDS | 40,000.0000 | 38,241.81 | .01 |
| BSREP 2021-DC A V/R 08/15/26 | 05591UAA5 | ASSET BACKED | 184,000.0000 | 174,284.56 | .04 | |
| BPR 2021-TY A V/R 09/15/38 | 05592AAA8 | ASSET BACKED | 208,000.0000 | 195,673.23 | .04 | |
| BX 2021-VIEW A V/R 06/15/23 | 05606GAA9 | ASSET BACKED | 183,000.0000 | 172,610.49 | .04 | |
| BX 2021-21M A V/R 10/15/26 | 05609CAA5 | ASSET BACKED | 155,707.4100 | 148,213.54 | .03 | |
| BXHPP 2021-FILM V/R 08/15/26 | 05609JAJ1 | ASSET BACKED | 209,000.0000 | 192,638.12 | .04 | |
| BX 2021-XL2 B V/R 10/15/23 | 05609KAC3 | ASSET BACKED | 193,683.4500 | 182,518.41 | .04 | |
| BX 2021-VOLT B V/R 09/15/23 | 05609VAG0 | ASSET BACKED | 208,000.0000 | 194,379.47 | .04 | |
| BANK 2017-BNK6 X V/R 07/15/60 | 060352AG6 | ASSET BACKED | 1,696,644.9300 | 45,479.92 | .01 | |
| BANK OF AMERICA C V/R 03/05/24 | 06051GHE2 | CORPORATE BONDS | 100,000.0000 | 99,859.55 | .02 | |
| BANK OF AMERICA C V/R 04/22/25 | 06051GJU4 | CORPORATE BONDS | 40,000.0000 | 39,327.29 | .01 | |
| BANK 2017-BNK4 X V/R 05/15/50 | 06541FBB4 | ASSET BACKED | 1,277,452.5400 | 57,284.29 | .01 | |
| BMARK 2018-B4 XA V/R 06/15/28 | 08161HAG5 | ASSET BACKED | 10,622,387.6100 | 183,679.14 | .04 | |
| BMARK 2020-B16 X V/R 01/15/30 | 08161NAG2 | ASSET BACKED | 3,675,788.1200 | 180,248.89 | .04 | |
| BRAVO 2021-A A1 V/R 01/25/24 | 105693AA3 | ASSET BACKED | 629,031.1100 | 596,052.20 | .12 | |
| BRAVO 2022-RPL1 V/R 09/25/61 | 10569XAA7 | ASSET BACKED | 907,169.8200 | 806,747.30 | .17 | |
| BRIGHTHSE FIN GL 0.6% 06/28/23 | 10921U2D9 | CORPORATE BONDS | 60,000.0000 | 58,354.06 | .01 | |
| BROADCOM INC 3.15% 11/15/25 | 11135FBB6 | CORPORATE BONDS | 120,000.0000 | 114,185.53 | .02 | |
| CCO HLDGS LLC/CAP 4% 03/01/23 | 1248EPBZ5 | CORPORATE BONDS | 3,495,000.0000 | 3,475,300.78 | .71 | |
| CD 2017-CD4 XA V/R 04/10/27 | 12515DAS3 | ASSET BACKED | 1,349,976.6200 | 54,565.92 | .01 | |
| CFCRE 2017-C8 XB V/R 05/15/27 | 12532CBF1 | ASSET BACKED | 287,000.0000 | 9,815.08 | .00 | |
| CSAIL 2017-C8 XA V/R 06/15/27 | 12595BAF8 | ASSET BACKED | 587,532.7500 | 21,356.17 | .00 | |
| CSAIL 2017-CX10 V/R 11/15/27 | 12595JAN4 | ASSET BACKED | 4,090,800.8400 | 109,863.37 | .02 | |
| CSAIL 2018-CX12 V/R 08/15/28 | 12595XAV5 | ASSET BACKED | 3,293,005.7900 | 78,440.39 | .02 | |
| COLT 2021-RPL1 A V/R 09/25/61 | 12598PAA5 | ASSET BACKED | 780,511.5700 | 691,445.29 | .14 | |
| COMM 2013-CR9 XA V/R 07/10/23 | 12625UBC6 | ASSET BACKED | 14,172,550.9900 | 595.25 | .00 | |
| CSMC 2020-RPL3 A V/R 03/25/60 | 12656PAC0 | ASSET BACKED | 463,121.3800 | 437,770.95 | .09 | |
| CAPITAL ONE FINAN V/R 07/24/26 | 14040HCU7 | CORPORATE BONDS | 155,000.0000 | 153,646.51 | .03 | |
| CENGAGE LEARNING 9.5% 06/15/24 | 15137NAA1 | CORPORATE BONDS | 8,769,000.0000 | 8,319,588.75 | 1.71 | |
| CHOBANI LLC/FINA 7.5% 04/15/25 | 17027NAA0 | CORPORATE BONDS | 7,715,000.0000 | 7,541,103.90 | 1.55 | |
| CITIGROUP INC V/R 06/01/24 | 172967MA6 | CORPORATE BONDS | 110,000.0000 | 109,834.66 | .02 | |
| CITIGROUP INC V/R 11/03/25 | 172967ND9 | CORPORATE BONDS | 45,000.0000 | 41,250.66 | .01 | |
| COLT 2021-1R A1 V/R 05/25/65 | 19688BAA2 | ASSET BACKED | 132,867.1000 | 108,070.22 | .02 | |
| COLT 2020-2 A1 V/R 03/25/65 | 19688JAA5 | ASSET BACKED | 29,613.0300 | 28,920.84 | .01 | |
| COMCAST CORP 5.25% 11/07/25 | 20030NDZ1 | CORPORATE BONDS | 75,000.0000 | 76,280.13 | .02 | |
| COMM 2013-LC6 XA V/R 01/10/23 | 20048EAZ4 | ASSET BACKED | 235,291.8900 | 5.08 | .00 | |
| COMM 2018-HCLV A V/R 09/15/20 | 20048KAA5 | ASSET BACKED | 227,000.0000 | 213,049.26 | .04 | |
| CBSLT 2020-AGS 1.98% 06/25/29 | 20267WAA3 | ASSET BACKED | 180,082.3800 | 158,165.40 | .03 | |
| CONAGRA BRANDS I 4.3% 05/01/24 | 205887CA8 | CORPORATE BONDS | 65,000.0000 | 64,210.43 | .01 | |
| COOKS VENTURE IN 5.5% 01/15/25 | 216378AA7 | CORPORATE BONDS | 1,805,000.0000 | 1,766,914.50 | .36 | |
| DBJPM 2016-C3 2.89% 07/10/26 | 23312VAF3 | ASSET BACKED | 200,000.0000 | 182,086.58 | .04 | |
| DOLLAR TREE INC 4% 05/15/25 | 256746AG3 | CORPORATE BONDS | 145,000.0000 | 142,067.74 | .03 | |
| ENERGY TRANSFER 4.05% 03/15/25 | ETP25 | 29273RBD0 | CORPORATE BONDS | 5,000.0000 | 4,855.12 | .00 |
| ENERGY TRANSFER 4.5% 04/15/24 | 29278NAH6 | CORPORATE BONDS | 25,000.0000 | 24,686.18 | .01 | |
| ENERGY TRANSFE 5.875% 01/15/24 | 29278NAM5 | CORPORATE BONDS | 120,000.0000 | 120,459.27 | .02 | |
| ENTERGY LOUISIA 0.95% 10/01/24 | 29364WBK3 | CORPORATE BONDS | 165,000.0000 | 153,296.03 | .03 | |
| CGCMT 2019-PRM 4.35% 05/10/24 | 29429JAJ9 | ASSET BACKED | 386,000.0000 | 381,578.10 | .08 | |
| EQUS 2021-EQAZ A V/R 10/15/23 | 29478JAA8 | ASSET BACKED | 208,995.8100 | 199,695.45 | .04 | |
| EART 2021-1A C 0.74% 02/15/24 | 30166RAE7 | ASSET BACKED | 622,320.2000 | 607,006.70 | .12 | |
| EXPEDIA GROUP I 6.25% 05/01/25 | 30212PAS4 | CORPORATE BONDS | 125,000.0000 | 126,522.91 | .03 | |
| FSRIA 2021-FL2 A V/R 05/16/38 | 30319YAA6 | ASSET BACKED | 200,000.0000 | 191,101.80 | .04 | |
| FNA 2020-M49 1A1 V/R 11/25/30 | 3136BCC73 | ASSET BACKED | 1,169,246.0300 | 1,023,880.57 | .21 | |
| FNA 2021-M6 A1 V/R 03/25/33 | 3136BFHB2 | ASSET BACKED | 728,335.1900 | 648,035.14 | .13 | |
| FNA 2021-M7 A1 V/R 03/25/31 | 3136BFQY2 | ASSET BACKED | 207,573.9200 | 183,909.23 | .04 | |
| FHR 4987 BF V/R 06/25/50 | 3137FTQU4 | ASSET BACKED | 1,527,255.4800 | 1,483,664.25 | .30 | |
| FIVE POINT OP 7.875% 11/15/25 | 33834YAA6 | CORPORATE BONDS | 940,000.0000 | 799,000.00 | .16 | |
| BRAZOS ELECTRIC 0% 3/23/49 | 34F872 | CORPORATE BONDS | 4,493,333.3300 | 4,083,631.20 | .84 | |
| BRAZOS ELECTRIC 0% 3/23/49 | 34G3VQ | CORPORATE BONDS | 6,027,000.0000 | 5,477,458.14 | 1.13 | |
| BUZZFEED 7.00 9/30/2026 | 34H158 | CORPORATE BONDS | 9,800,000.0000 | 6,454,184.84 | 1.33 | |
| T/L K&N PARENT INC 0% 12/7/22 | 34RV3Y | LOAN | 334,076.2300 | 320,713.18 | .07 | |
| FXI HOLDINGS I 12.25% 11/15/26 | 35166FAA0 | CORPORATE BONDS | 4,292,000.0000 | 3,508,710.00 | .72 | |
| FREEPORT-MCMOR 4.125% 03/01/28 | 35671DCE3 | CORPORATE BONDS | 150,000.0000 | 137,007.00 | .03 | |
| GCAT 2022-NQM4 A V/R 08/25/26 | 36170HAA8 | ASSET BACKED | 978,938.9300 | 953,539.77 | .20 | |
| GSMS 2016-GS4 XA V/R 11/10/26 | 36251XAT4 | ASSET BACKED | 3,694,539.7000 | 66,084.60 | .01 | |
| GSMS 2017-GS6 XA V/R 05/10/27 | 36253PAE2 | ASSET BACKED | 1,705,740.3000 | 61,917.86 | .01 | |
| GSMS 2017-GS8 XA V/R 11/10/27 | 36254KAP7 | ASSET BACKED | 3,432,505.4800 | 115,184.24 | .02 | |
| GSMS 2021-IP A V/R 10/15/23 | 36262MAA6 | ASSET BACKED | 208,000.0000 | 193,597.64 | .04 | |
| GENERAL MOTORS 5.25% 03/01/26 | 37045XBG0 | CORPORATE BONDS | 155,000.0000 | 153,557.52 | .03 | |
| GSFMT 2020-AA 1.65% 02/20/24 | 37186XAE5 | ASSET BACKED | 250,000.0000 | 244,331.75 | .05 | |
| GETTY IMAGES IN 9.75% 03/01/27 | 374276AJ2 | CORPORATE BONDS | 8,209,000.0000 | 8,106,387.50 | 1.67 | |
| GLENCORE FUNDI 4.125% 05/30/23 | 378272AF5 | CORPORATE BONDS | 65,000.0000 | 64,536.82 | .01 | |
| GLENCORE FUNDING L 4% 04/16/25 | 378272AL2 | CORPORATE BONDS | 60,000.0000 | 58,040.14 | .01 | |
| GLENCORE FUNDI 4.125% 03/12/24 | 378272AT5 | CORPORATE BONDS | 15,000.0000 | 14,757.53 | .00 | |
| GOLDMAN SACHS GR 3.5% 04/01/25 | 38141GXJ8 | CORPORATE BONDS | 155,000.0000 | 149,990.60 | .03 | |
| HCA INC 5% 03/15/24 | 404119BN8 | CORPORATE BONDS | 150,000.0000 | 149,396.42 | .03 | |
| INNOVATE CORP 8.5% 02/01/26 | 404139AJ6 | CORPORATE BONDS | 9,643,000.0000 | 6,534,237.39 | 1.34 | |
| HAWAIIAN AIRLINE 3.9% 01/15/26 | 419838AA5 | CORPORATE BONDS | 7,939,294.2500 | 6,657,388.01 | 1.37 | |
| HERCULES ACHIEVEM V/R 12/22/24 | 42704WAA8 | CORPORATE BONDS | 1,216,000.0000 | 1,161,359.53 | .24 | |
| HERTZ 2021-1A 1.56% 12/25/24 | 42806MAB5 | ASSET BACKED | 500,000.0000 | 455,178.60 | .09 | |
| HILLENBRAND INC 5.75% 06/15/25 | 431571AD0 | CORPORATE BONDS | 2,958,000.0000 | 2,943,210.00 | .60 | |
| HGVT 2020-AA A 2.74% 02/25/39 | 43285HAA6 | ASSET BACKED | 230,449.2600 | 216,449.81 | .04 | |
| HYUNDAI CAPITAL AM 1% 09/17/24 | 44891ABY2 | CORPORATE BONDS | 165,000.0000 | 151,534.25 | .03 | |
| ICAHN ENTERPRIS 4.75% 09/15/24 | 451102BW6 | CORPORATE BONDS | 515,000.0000 | 495,661.75 | .10 | |
| STONEX GROUP I 8.625% 06/15/25 | 46116VAE5 | CORPORATE BONDS | 7,738,000.0000 | 7,844,397.50 | 1.61 | |
| IHSFR 2018-SFR1 V/R 03/17/20 | 46185JAA6 | ASSET BACKED | 166,185.9800 | 163,224.00 | .03 | |
| JPMBB 2015-C32 X V/R 09/15/25 | 46590JAY3 | ASSET BACKED | 833,448.1200 | 14,966.64 | .00 | |
| JPMORGAN CHASE & 3.9% 07/15/25 | 46625HMN7 | CORPORATE BONDS | 155,000.0000 | 152,952.70 | .03 | |
| JPMCC 2014-C20 X V/R 06/15/24 | 46642CBL3 | ASSET BACKED | 1,631,936.4800 | 10,575.60 | .00 | |
| JPMBB 2016-C1 3.576% 01/15/26 | 46645LAY3 | ASSET BACKED | 200,000.0000 | 188,372.44 | .04 | |
| JPMORGAN CHASE & V/R 04/26/26 | 46647PDB9 | CORPORATE BONDS | 75,000.0000 | 74,292.75 | .02 | |
| JPMCC 2020-MKST V/R 12/15/21 | 46652DAU9 | ASSET BACKED | 4,075,000.0000 | 40.75 | .00 | |
| KEURIG DR PEPPE 0.75% 03/15/24 | 49271VAL4 | CORPORATE BONDS | 160,000.0000 | 151,457.56 | .03 | |
| LCCM 2021-FL3 A V/R 11/15/38 | 50190FAA9 | ASSET BACKED | 210,000.0000 | 200,286.49 | .04 | |
| LCCM 2021-FL2 A V/R 12/13/38 | 50202KAA4 | ASSET BACKED | 184,000.0000 | 174,469.79 | .04 | |
| LMREC 2019-CRE3 V/R 01/22/24 | 50209TAA8 | ASSET BACKED | 84,782.8600 | 84,078.48 | .02 | |
| LRK 2019-A A1F 2.34% 08/25/21 | 51889RAA7 | ASSET BACKED | 20,808.9900 | 20,109.88 | .00 | |
| LMAT 2020-GS4 A1 V/R 02/25/60 | 52474KAA1 | ASSET BACKED | 266,593.1100 | 260,666.48 | .05 | |
| LMAT 2021-SL1 A V/R 09/25/60 | 52475PAA9 | ASSET BACKED | 187,498.3300 | 183,154.76 | .04 | |
| LMAT 2021-GS4 A1 V/R 11/25/60 | 52475WAA4 | ASSET BACKED | 408,695.2400 | 359,737.07 | .07 | |
| LOWE'S COS INC 4.4% 09/08/25 | 548661EK9 | CORPORATE BONDS | 90,000.0000 | 89,360.71 | .02 | |
| ME 2019-1 A2 6.448% 07/30/24 | 55282GAA5 | ASSET BACKED | 485,000.0000 | 469,716.68 | .10 | |
| MHP 2022-MHIL A V/R 01/15/24 | 55293DAA9 | ASSET BACKED | 203,076.6300 | 193,530.46 | .04 | |
| WARNERMEDIA HO 3.788% 03/15/25 | 55903VAU7 | CORPORATE BONDS | 135,000.0000 | 128,999.58 | .03 | |
| MFT 2019-4A C 3.76% 12/17/29 | 57110AAC8 | ASSET BACKED | 122,370.9600 | 119,724.96 | .02 | |
| MARSH & MCLENN 3.875% 03/15/24 | 571748BF8 | CORPORATE BONDS | 155,000.0000 | 152,896.68 | .03 | |
| MARRIOTT INTERNA 3.6% 04/15/24 | 571900BB4 | CORPORATE BONDS | 130,000.0000 | 127,552.28 | .03 | |
| MRT MID PART/MRT 10% 02/29/24 | 573334AF6 | CORPORATE BONDS | 8,913,260.0000 | 8,890,976.85 | 1.83 | |
| MARTIN MIDSTRE 11.5% 2/28/25 | 573334AH2 | CORPORATE BONDS | 635,000.0000 | 631,825.00 | .13 | |
| MERCURY CHILE HO 6.5% 01/24/27 | 58937CAA7 | CORPORATE BONDS | 200,000.0000 | 176,882.00 | .04 | |
| LEAFLY HOLDINGS IN 8% 01/31/25 | 58953MAA4 | CORPORATE BONDS | 8,497,000.0000 | 7,902,210.00 | 1.62 | |
| MICROCHIP TECH 0.972% 02/15/24 | 595017BB9 | CORPORATE BONDS | 135,000.0000 | 127,733.11 | .03 | |
| MMAF 2022-B A2 5.57% 12/09/24 | 606940AB0 | ASSET BACKED | 559,000.0000 | 559,205.32 | .11 | |
| MSC 2016-UB12 XA V/R 11/15/26 | 61691EBB0 | ASSET BACKED | 3,523,238.0100 | 72,740.77 | .01 | |
| MSC 2017-H1 XA V/R 05/15/27 | 61691JAW4 | ASSET BACKED | 865,674.9300 | 33,245.64 | .01 | |
| MSC 2021-L6 A2 V/R 05/15/31 | 61692CAX6 | ASSET BACKED | 184,000.0000 | 163,369.90 | .03 | |
| MORGAN STANLEY V/R 01/25/24 | 6174468W2 | CORPORATE BONDS | 125,000.0000 | 123,799.03 | .03 | |
| MSC 2016-UB11 XA V/R 08/15/26 | 61767FBB6 | ASSET BACKED | 1,194,937.8900 | 50,038.86 | .01 | |
| MSC 2021-ILP A V/R 11/15/23 | 62479WAA9 | ASSET BACKED | 209,307.8500 | 199,865.62 | .04 | |
| NYMT 2020-SP2 A1 V/R 10/25/23 | 62955DAA4 | ASSET BACKED | 376,197.1700 | 360,624.53 | .07 | |
| NATHAN'S FAMOU 6.625% 11/01/25 | 632347AC4 | CORPORATE BONDS | 2,306,000.0000 | 2,259,880.00 | .46 | |
| NAVSL 2020-GA 1.17% 02/15/28 | 63941UAA1 | ASSET BACKED | 83,450.6100 | 73,439.39 | .02 | |
| NRZT 2020-NQM1 A V/R 02/25/25 | 64830VAB9 | ASSET BACKED | 165,912.5500 | 148,207.96 | .03 | |
| NISSAN MOTOR A 1.125% 09/16/24 | 65480CAB1 | CORPORATE BONDS | 40,000.0000 | 36,217.61 | .01 | |
| OBX 2022-NQM1 A1 V/R 01/25/26 | 67114VAA1 | ASSET BACKED | 679,570.0700 | 569,549.44 | .12 | |
| PRPM 2021-4 A1 V/R 04/25/24 | 693583AA4 | ASSET BACKED | 506,367.7700 | 449,534.06 | .09 | |
| PACIFIC GAS & E 3.25% 02/16/24 | 694308KA4 | CORPORATE BONDS | 80,000.0000 | 77,575.97 | .02 | |
| PACIFIC GAS & E 4.95% 06/08/25 | 694308KE6 | CORPORATE BONDS | 50,000.0000 | 49,072.36 | .01 | |
| PAID 2022-1 A 2.03% 10/15/29 | 69546MAA5 | ASSET BACKED | 186,777.8000 | 178,881.08 | .04 | |
| PAID 2021-3 B 1.74% 05/15/29 | 69546RAB2 | ASSET BACKED | 649,964.6200 | 590,034.96 | .12 | |
| PAID 2021-5 A 1.53% 08/15/29 | 69547EAA2 | ASSET BACKED | 272,697.0500 | 262,200.61 | .05 | |
| PAID 2021-1 A 1.18% 11/15/27 | 69547JAA1 | ASSET BACKED | 91,323.8200 | 89,587.47 | .02 | |
| PAID 2022-3 A 6.06% 03/15/30 | 69547MAA4 | ASSET BACKED | 283,879.9900 | 280,043.75 | .06 | |
| PARKER-HANNIFIN 3.65% 06/15/24 | 701094AQ7 | CORPORATE BONDS | 140,000.0000 | 136,853.49 | .03 | |
| PENSKE TRUCK LEA 2.7% 11/01/24 | 709599BG8 | CORPORATE BONDS | 135,000.0000 | 126,967.97 | .03 | |
| PRET 2021-NPL3 A V/R 07/25/24 | 74143EAA0 | ASSET BACKED | 434,347.5300 | 387,801.42 | .08 | |
| REPUBLIC SERVICE 2.5% 08/15/24 | 760759AU4 | CORPORATE BONDS | 135,000.0000 | 129,417.05 | .03 | |
| SMR 2022-IND A V/R 02/15/24 | 78458MAA2 | ASSET BACKED | 183,272.1900 | 171,970.45 | .04 | |
| SREIT 2021-MFP A V/R 11/15/26 | 78472UAA6 | ASSET BACKED | 210,000.0000 | 200,658.09 | .04 | |
| SASOL FINANCIN 4.375% 09/18/26 | 80386WAC9 | CORPORATE BONDS | 200,000.0000 | 181,500.00 | .04 | |
| SCHLUMBERGER HL 3.75% 05/01/24 | 806851AJ0 | CORPORATE BONDS | 155,000.0000 | 152,348.73 | .03 | |
| CHARLES SCHWAB CO V/R 03/03/27 | 808513BZ7 | CORPORATE BONDS | 155,000.0000 | 150,562.14 | .03 | |
| SOUTHERN CAL EDIS V/R 04/01/24 | 842400HC0 | CORPORATE BONDS | 150,000.0000 | 148,909.23 | .03 | |
| SPRINT LLC 7.875% 09/15/23 | 85207UAF2 | CORPORATE BONDS | 4,000,000.0000 | 4,086,560.00 | .84 | |
| TEGNA INC 4.75% 03/15/26 | 87901JAF2 | CORPORATE BONDS | 7,922,000.0000 | 7,743,320.80 | 1.59 | |
| TIGO ENERGY INC 5.5% 01/15/25 | 88675PAD5 | CORPORATE BONDS | 2,227,500.0000 | 2,197,122.85 | .45 | |
| TRUIST FINANCIAL V/R 07/28/26 | 89788MAH5 | CORPORATE BONDS | 155,000.0000 | 152,175.50 | .03 | |
| UBSCM 2017-C1 XA V/R 06/15/50 | 90276EAF4 | ASSET BACKED | 845,388.9800 | 43,287.21 | .01 | |
| USAUT 2020-1A 3.22% 12/15/23 | 90353QAB2 | ASSET BACKED | 104,413.6300 | 103,946.00 | .02 | |
| US TREAS NTS 2.5% 04/30/24 | 91282CEK3 | GOVERNMENT BONDS | 880,000.0000 | 854,631.25 | .18 | |
| US TREAS NTS 2.5% 05/31/24 | 91282CER8 | GOVERNMENT BONDS | 1,570,000.0000 | 1,522,716.01 | .31 | |
| US TREAS NTS 3.25% 06/30/27 | 91282CEW7 | GOVERNMENT BONDS | 1,800,000.0000 | 1,753,171.88 | .36 | |
| US TREAS NTS 3% 06/30/24 | 91282CEX5 | GOVERNMENT BONDS | 690,000.0000 | 673,720.31 | .14 | |
| US TREAS NTS 3% 07/15/25 | 91282CEY3 | GOVERNMENT BONDS | 430,000.0000 | 417,570.31 | .09 | |
| US TREAS NTS 3% 07/31/24 | 91282CFA4 | GOVERNMENT BONDS | 700,000.0000 | 683,457.03 | .14 | |
| US TREAS NTS 3.125% 08/15/25 | 91282CFE6 | GOVERNMENT BONDS | 520,000.0000 | 506,532.81 | .10 | |
| US TREAS NTS 3.25% 08/31/24 | 91282CFG1 | GOVERNMENT BONDS | 430,000.0000 | 421,316.02 | .09 | |
| US TREAS NTS 3.5% 09/15/25 | 91282CFK2 | GOVERNMENT BONDS | 430,000.0000 | 423,079.69 | .09 | |
| WI TREASURY SE 4.125% 09/30/24 | 91282CFN6 | GOVERNMENT BONDS | 680,000.0000 | 677,954.69 | .14 | |
| US TREAS NTS 4.25% 10/15/25 | 91282CFP1 | GOVERNMENT BONDS | 430,000.0000 | 431,578.91 | .09 | |
| US TREAS NTS 4.375% 10/31/24 | 91282CFQ9 | GOVERNMENT BONDS | 430,000.0000 | 429,899.22 | .09 | |
| UNITEDHEALTH GRO 3.7% 05/15/27 | 91324PEG3 | CORPORATE BONDS | 30,000.0000 | 29,077.90 | .01 | |
| UNITEDHEALTH GR 5.15% 10/15/25 | 91324PEN8 | CORPORATE BONDS | 35,000.0000 | 35,556.57 | .01 | |
| UPHEALTH INC 6.25% 06/15/26 | 91532BAA9 | CORPORATE BONDS | 8,251,000.0000 | 2,454,672.50 | .50 | |
| UPST 2021-3 A 0.83% 03/20/24 | 91679LAA0 | ASSET BACKED | 111,422.4400 | 108,128.48 | .02 | |
| VCAT 2021-NPL4 A V/R 08/26/24 | 91823DAA3 | ASSET BACKED | 537,226.3300 | 482,479.05 | .10 | |
| VMC 2022-FL5 A V/R 02/18/39 | 91835BAA3 | ASSET BACKED | 150,000.0000 | 145,808.85 | .03 | |
| VOLT 2021-NPL1 A V/R 02/27/51 | 91835MAA9 | ASSET BACKED | 534,713.3200 | 473,440.47 | .10 | |
| VCC 2021-2 A V/R 03/25/28 | 92259MAA4 | ASSET BACKED | 1,136,728.5000 | 942,008.95 | .19 | |
| VCC 2021-2 M1 V/R 09/25/28 | 92259MAE6 | ASSET BACKED | 426,286.7700 | 341,004.61 | .07 | |
| VERIZON COMMUNICA V/R 05/15/25 | 92343VEP5 | CORPORATE BONDS | 150,000.0000 | 150,315.51 | .03 | |
| VERUS 2019-INV2 V/R 07/25/59 | 92537HAC5 | ASSET BACKED | 424,512.9300 | 408,272.47 | .08 | |
| VERUS 2020-2 A1 V/R 05/25/60 | 92537UAA0 | ASSET BACKED | 39,795.3100 | 38,106.76 | .01 | |
| VERUS 2021-R1 A2 V/R 10/25/63 | 92538BAB9 | ASSET BACKED | 253,152.4300 | 219,550.17 | .05 | |
| VERUS 2021-7 A1 V/R 10/25/66 | 92538QAA8 | ASSET BACKED | 576,455.5400 | 482,527.07 | .10 | |
| VSTA 2020-2 A1 V/R 10/25/25 | 92838TAA9 | ASSET BACKED | 114,158.9000 | 99,728.20 | .02 | |
| VOLT 2021-NPL8 A V/R 04/25/51 | 92872VAA1 | ASSET BACKED | 714,438.6600 | 630,605.57 | .13 | |
| VOLT 2021-NPL3 A V/R 01/25/24 | 92873AAA6 | ASSET BACKED | 338,624.0400 | 299,684.04 | .06 | |
| W & T OFFSHORE 9.75% 11/01/23 | 92922PAL0 | CORPORATE BONDS | 2,298,000.0000 | 2,273,296.50 | .47 | |
| ELEVANCE HEALTH 3.5% 08/15/24 | 94973VBJ5 | CORPORATE BONDS | 115,000.0000 | 112,522.41 | .02 | |
| WFCM 2015-NXS2 X V/R 07/15/58 | 94989MAH2 | ASSET BACKED | 4,530,749.6200 | 58,628.81 | .01 | |
| WFCM 2015-LC22 X V/R 09/15/58 | 94989TBC7 | ASSET BACKED | 2,269,315.7400 | 37,858.99 | .01 | |
| WELLS FARGO & COM V/R 06/02/24 | 95000U2R3 | CORPORATE BONDS | 155,000.0000 | 152,197.74 | .03 | |
| WFCM 2021-C60 2.042% 07/15/26 | 95003DBB3 | ASSET BACKED | 185,000.0000 | 164,802.98 | .03 | |
| WFCM 2021-SAVE A V/R 02/15/23 | 95003LAA8 | ASSET BACKED | 90,902.1800 | 84,831.01 | .02 | |
| WELLTOWER INC 3.625% 03/15/24 | 95040QAG9 | CORPORATE BONDS | 155,000.0000 | 151,848.58 | .03 | |
| ZIMMER BIOMET H 1.45% 11/22/24 | 98956PAU6 | CORPORATE BONDS | 135,000.0000 | 125,286.23 | .03 | |
| PERIAMA HOLDING 5.95% 04/19/26 | BM95XL1 | CORPORATE BONDS | 200,000.0000 | 184,704.00 | .04 | |
| T/L K & N ENGINEERING INC 0% 10/20/23 | LX155531 | LOAN | 7,805,856.9600 | 4,293,221.33 | .88 | |
| T/L DIEBOLD INC ZCP 11/06/23 | LX162899 | LOAN | 5,159,000.0000 | 3,610,474.56 | .74 | |
| T/L GO DADDY OPERA 0% 02/15/24 | LX169639 | LOAN | 8,713,062.0700 | 8,713,062.07 | 1.79 | |
| T/L FOGO DE CHAO I 0% 04/07/25 | LX176283 | LOAN | 1,704,000.0000 | 1,592,711.76 | .33 | |
| T/L GETTY IMAGES 0% 02/19/2026 | LX178592 | LOAN | 2,877,661.7700 | 2,854,640.48 | .59 | |
| T/L MONITRONICS 0% 04/29/24 | LX182627 | LOAN | 4,237,158.9800 | 2,782,415.19 | .57 | |
| T/L FIRST BRANDS 0% 3/30/2028 | LX193457 | LOAN | 1,184,000.0000 | 1,059,680.00 | .22 | |
| T/L CENGAGE 0% 07/14/2026 | LX195798 | LOAN | 3,275,484.5700 | 3,001,981.61 | .62 | |
| T/L MONEYGRAM INT 0% 07/21/26 | LX196365 | LOAN | 2,294,929.6800 | 2,270,557.53 | .47 | |
| T/L QUARTERNORTH 0% 8/27/2026 | LX197535 | LOAN | 8,190,229.9800 | 8,135,601.15 | 1.67 | |
| HUMANA INC DISC 01/11/2023 | 44486JNB1 | SHORT TERMS | 6,263,000.0000 | 6,230,119.25 | 1.28 | |
| US T BILL ZCP 03/23/23 | 912796U31 | SHORT TERMS | 440,000.0000 | 434,219.87 | .09 | |
| US T BILL ZCP 08/10/23 | 912796XY0 | SHORT TERMS | 720,000.0000 | 697,844.16 | .14 | |
| US T BILL ZCP 10/05/23 | 912796YJ2 | SHORT TERMS | 5,000,000.0000 | 4,808,141.65 | .99 | |
| GBP/USD FWD 20221215 000000010 USD | GBP | 1296003532 | FORWARD | -5,598,000.0000 | -6,751,476.21 | -1.39 |
| EUR/USD FWD 20221215 000000010 USD | EUR | 1295966632 | FORWARD | -21,540,000.0000 | -22,445,309.10 | -4.61 |
| NOK/USD FWD 20221215 000000010 USD | NOK | 1296004113 | FORWARD | -27,075,000.0000 | -2,751,345.72 | -.57 |
| SEK/USD FWD 20221215 000000010 USD | SEK | 1296004115 | FORWARD | -79,712,000.0000 | -7,599,931.20 | -1.56 |
| USD/EUR FWD 20221215 000000010 USD | USD | 1295966632 | FORWARD | 21,928,797.0000 | 21,928,797.00 | 4.51 |
| USD/GBP FWD 20221215 000000010 USD | USD | 1296003532 | FORWARD | 6,530,632.4000 | 6,530,632.40 | 1.34 |
| USD/NOK FWD 20221215 000000010 USD | USD | 1296004113 | FORWARD | 2,673,790.9800 | 2,673,790.98 | .55 |
| USD/SEK FWD 20221215 000000010 USD | USD | 1296004115 | FORWARD | 7,505,121.4500 | 7,505,121.45 | 1.54 |
As of 11/30/2022.
Distributions
| Fund Name | Fund Cusip | Distribution Type | Amount per Share | Ex Date | Reinvest Date | Reinvest Price | |
|---|---|---|---|---|---|---|---|
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.031340 | 11/29/2022 | 11/29/2022 | $9.19 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.033359 | 10/27/2022 | 10/27/2022 | $9.22 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.041972 | 9/29/2022 | 9/29/2022 | $9.21 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.034620 | 8/29/2022 | 8/29/2022 | $9.30 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.034936 | 7/28/2022 | 7/28/2022 | $9.33 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.030226 | 6/29/2022 | 6/29/2022 | $9.37 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.037817 | 5/26/2022 | 5/26/2022 | $9.47 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.026796 | 4/28/2022 | 4/28/2022 | $9.56 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.026842 | 3/30/2022 | 3/30/2022 | $9.65 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.135259 | 12/29/2021 | 12/29/2021 | $9.69 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Short-Term Capital Gains | 0.008508 | 12/16/2021 | 12/16/2021 | $9.81 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.028341 | 11/29/2021 | 11/29/2021 | $9.81 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.028124 | 10/28/2021 | 10/28/2021 | $9.84 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.037587 | 9/29/2021 | 9/29/2021 | $9.85 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.02075 | 8/30/2021 | 8/30/2021 | $9.72 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.021763 | 7/29/2021 | 7/29/2021 | $9.73 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.025403 | 6/29/2021 | 6/29/2021 | $9.73 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.019935 | 5/27/2021 | 5/27/2021 | $9.74 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.026386 | 4/29/2021 | 4/29/2021 | $9.75 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.025535 | 3/30/2021 | 3/30/2021 | $9.73 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.012005 | 2/25/2021 | 2/25/2021 | $9.71 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.057717 | 12/29/2020 | 12/29/2020 | $9.53 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.025549 | 11/25/2020 | 11/25/2020 | $9.50 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.025442 | 10/29/2020 | 10/29/2020 | $9.43 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.032416 | 9/29/2020 | 9/29/2020 | $9.47 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.029759 | 8/28/2020 | 8/28/2020 | $9.48 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.026978 | 7/30/2020 | 7/30/2020 | $9.45 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.032442 | 6/29/2020 | 6/29/2020 | $9.40 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.030151 | 5/28/2020 | 5/28/2020 | $9.29 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.034927 | 4/29/2020 | 4/29/2020 | $9.24 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.03002 | 3/30/2020 | 3/30/2020 | $9.15 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.032401 | 2/27/2020 | 2/27/2020 | $9.77 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.010295 | 1/30/2020 | 1/30/2020 | $9.81 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.043339 | 12/27/2019 | 12/27/2019 | $9.77 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.028224 | 11/26/2019 | 11/26/2019 | $9.78 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.026504 | 10/30/2019 | 10/30/2019 | $9.82 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.02533 | 9/26/2019 | 9/26/2019 | $9.83 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.029094 | 8/29/2019 | 8/29/2019 | $9.84 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.028281 | 7/30/2019 | 7/30/2019 | $9.86 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.032629 | 6/27/2019 | 6/27/2019 | $9.87 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.030354 | 5/30/2019 | 5/30/2019 | $9.86 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.029771 | 4/29/2019 | 4/29/2019 | $9.86 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.026273 | 3/28/2019 | 3/28/2019 | $9.85 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.02627 | 2/27/2019 | 2/27/2019 | $9.83 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.014762 | 1/30/2019 | 1/30/2019 | $9.82 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.039992 | 12/27/2018 | 12/27/2018 | $9.75 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.027698 | 11/29/2018 | 11/29/2018 | $9.81 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.027159 | 10/30/2018 | 10/30/2018 | $9.83 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.017652 | 9/27/2018 | 9/27/2018 | $9.87 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.03159 | 8/30/2018 | 8/30/2018 | $9.87 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.027097 | 7/30/2018 | 7/30/2018 | $9.87 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.032537 | 6/28/2018 | 6/28/2018 | $9.86 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.02999 | 5/30/2018 | 5/30/2018 | $9.87 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.028139 | 4/27/2018 | 4/27/2018 | $9.88 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.027834 | 3/28/2018 | 3/28/2018 | $9.89 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.026794 | 2/27/2018 | 2/27/2018 | $9.89 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.026765 | 1/30/2018 | 1/30/2018 | $9.92 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.029381 | 12/28/2017 | 12/28/2017 | $9.93 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.028311 | 11/29/2017 | 11/29/2017 | $9.95 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.024746 | 10/30/2017 | 10/30/2017 | $9.97 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.02477 | 9/28/2017 | 9/28/2017 | $9.97 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.02288 | 8/30/2017 | 8/30/2017 | $9.98 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.019404 | 7/27/2017 | 7/27/2017 | $9.98 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.029469 | 6/29/2017 | 6/29/2017 | $9.98 | |
| Destinations Low Duration Fixed Income Fund | 10964R707 | Dividend | 0.017697 | 5/30/2017 | 5/30/2017 | $10.00 |
Fees and expenses
| Type | Amount |
|---|---|
| Management Fees | 0.70% |
| Distribution and Service (12b-1) Fees | None |
| Other Expenses | 0.23% |
| AFFE | None |
| Total Annual Fund Operating Expenses | 0.93% |
| Fee waivers and expense reimbursements | 0.00% |
| Total Annual Fund Operating Expenses Less Fee Waivers and Expense Reimbursements | 0.93%* |
Overview
The Destinations Low Duration Fixed Income Fund seeks current income and invests in multi-sector fixed income, investment-grade corporate credit, high yield corporate credit and low duration securities.
Employing a multi-manager approach, the Fund currently allocates assets among the following sub-advisers:
- CrossingBridge Advisors, LLC is the sub-adviser of CrossingBridge Low Duration High Yield which invests in a number of underlying event driven high yield credit opportunities with an estimated holding life of several months to three years.
- DoubleLine Capital LP is the sub-adviser of DoubleLine Low Duration which seeks to maximize current income through investing in a variety of fixed income sectors with an average effective duration of three years of less.
| Z Share Fund performance as of 9/30/2022 | ||||||||||||||
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| ICE BofA US Treasury 1-3 Year Treasury Index |
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ICE BofA US High Yield 0-3 Year Index: A subset of The Bank of America Merrill Lynch US High Yield Index including all securities with an average life of less than 3 years.
ICE BofA US Treasury 1-3 Year Treasury Index: An unmanaged index that tracks the performance of the direct sovereign debt of the US Government having a maturity of at least one year and less than three years.
An investment in the Destinations Low Duration Fixed Income Fund is subject to risk, including the possible loss of principal amount invested.
Derivatives, such as futures, involve risks different from, or possibly greater than, risks associated with investing directly in securities and other traditional investments. Specific risk issues include tax issues, increased potential for losses and/or costs to the Fund, and a potential reduction in gains to the Fund.
The prices of the Fund’s fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments and their agencies. Generally, the Fund’s fixed income securities will decrease in value if interest rates rise and vice versa. In a low interest rate environment, risks associated with rising rates are heightened.
Foreign securities subject the Fund to the risks associated with investing in the particular country of an issuer, including the political, regulatory, economic, social, diplomatic and other conditions or events, as well as risks associated with less developed custody and settlement practices. Foreign securities may be more volatile and less liquid than securities of U.S. companies. Risks of foreign investment tend to be greater in emerging markets, which tend to be more likely to experience political turmoil or rapid change to market or economic conditions.
The risk that debt instruments quality are predominantly speculative. Known as ‘junk bonds,’ these have a higher degree of default risk and may be less liquid than higher-rated bonds, may be subject to greater price volatility.
Liquidity risk refers to the possibility that securities cannot be readily sold within seven days at approximately the price at which the Fund has valued them.
With securities lending risk, the Fund may lose money from securities lending if, for example, it is delayed in or prevented from selling the collateral after the loan is made or recovering the securities loaned or if it incurs losses on the reinvestment of cash collateral.
Fund facts
- Ticker: DLDZX
- CUSIP: 10964R814
- Benchmark: ICE BofA US High Yield 0-3 Year Index, ICE BofA US Treasury 1-3 Year Treasury Index
- Inception date: 07/16/2018
- Gross expense ratio: 0.78%
- Net expense ratio: 0.78%*
Management team
- Brian Storey CFA, Head of Discretionary Portfolios, Brinker Capital Investments
Brian Storey is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he has portfolio management responsibilities for Brinker Capital’s Destinations program. Brian is involved in all aspects of the investment process for these multi-asset class portfolio solutions, including asset allocation, portfolio construction, manager research, and due diligence.
Prior to joining Brinker Capital, Brian was a Senior Portfolio Manager at First Citizens Bank where he oversaw portfolio construction for the globally-diversified investment strategies utilized by the firm’s private wealth and institutional clients. Previously, he served in various leadership and operational roles during his five years as an officer in the U.S. Coast Guard.
Brian graduated from the United States Coast Guard Academy with a Bachelor of Science in management and earned his Master of Business Administration from Duke University’s Fuqua School of Business where he graduated as a Fuqua scholar. Brian is a CFA® charterholder and holds the FINRA Series 65 designation. He is a member of the CFA® Institute and the CFA® Society North Carolina.
- Grant Engelbart CFA, CAIA, Senior Portfolio Manager, Brinker Capital Investments
Grant Engelbart is a senior portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he manages several ETF and mutual fund separate account strategies. He serves on several committees across Brinker Capital’s parent company, Orion Advisor Solutions. Grant first joined Orion in 2007 and returned to the company in 2009. He held several roles in trading and investment research before accepting the role of portfolio manager in 2013.
Prior to joining Brinker Capital Investments, Grant held positions at CLS Investments (which has since rebranded to Brinker Capital Investments), TD Ameritrade, and State Street Corporation. Grant received his Bachelor of Science in finance from the University of Nebraska at Lincoln. He is a CFA® charterholder, holds the Chartered Alternative Investment Analyst (CAIA) designation, and FINRA Series 65 license. He is a member of the CFA® Society of Nebraska and the CAIA Chicago chapter. In 2018, Grant was named one of the Top Ten Money Managers to Watch by Money Management Executive.
- Michael Hadden CFA, Portfolio Manager, Brinker Capital Investments
Michael Hadden is a portfolio manager at Brinker Capital Investments, a brand entity of Orion Advisor Solutions. In this role, he co-manages a variety of ETF and mutual fund asset allocation strategies, spending considerable time researching the ETF universe while closely monitoring the security selection within portfolios. Previously, he served as an investment analyst and associate portfolio manager for CLS Investments.
Michael joined CLS in 2017. He graduated with honors and high distinction from the University of Nebraska at Lincoln with a Bachelor of Science degree in finance and accounting. He is a CFA® charterholder and holds the FINRA Series 65 license. Michael is a member of the CFA® Society of Nebraska.
Performance
| Z Share Fund performance as of 9/30/2022 | ||||||||||||||||||||
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| MTD | QTD | YTD | 1 Year | 3 Years | 5 Years | Since Inception | Inception Date | Gross expense ratio | Net expense ratio* | |||||||||||
| Destinations Low Duration Fixed Income Fund |
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| ICE BofA US High Yield 0-3 Year Index |
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| ICE BofA US Treasury 1-3 Year Treasury Index |
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ICE BofA US High Yield 0-3 Year Index: A subset of The Bank of America Merrill Lynch US High Yield Index including all securities with an average life of less than 3 years.
Holdings
| Security Description | Ticker Symbol | Security ID | Security Type Description | Quantity | Base Market Value | Percent TNA |
|---|---|---|---|---|---|---|
| EURO | CASHEUR | CURRENCY | -615,122.3900 | -640,280.87 | -.13 | |
| US DOLLARS | CASHUSD | CURRENCY | 38,053,439.7800 | 38,053,439.78 | 7.82 | |
| ST ENERGY TRANSITION I LTD | BMX6TV2 | COMMON STOCK | 15,207.0000 | 154,198.98 | .03 | |
| FINANCIALS ACQUISITIO-DI /GBP/ | BPSPGW5 | COMMON STOCK | 150,348.0000 | 1,812,445.13 | .37 | |
| FINANCIALS ACQUISITION CORP WRT 04/04/27 /GBP/ | BPSPHR7 | WARRANTS | 75,173.0000 | 3,624.84 | .00 | |
| AGILE GROWTH CORP-A | AGGR | BL6KG24 | COMMON STOCK | 102,815.0000 | 1,030,206.30 | .21 |
| INNOVATIVE INTERNATIONAL A-A | BMC0YW1 | COMMON STOCK | 164,979.0000 | 1,694,334.33 | .35 | |
| BRIGADE-M3 EUROPE WRT 01/17/27 | BMG7376 | WARRANTS | 130,314.0000 | 14,334.54 | .00 | |
| PORTAGE FINTECH ACQUISITIO-A | PFTA | BMZ4J69 | COMMON STOCK | 44,760.0000 | 447,152.40 | .09 |
| CRESCENT COVE ACQUISITION-A | BMZ5LS8 | COMMON STOCK | 61,857.0000 | 622,281.42 | .13 | |
| ITIQUIRA ACQUISITION CORP-A | ITQ | BNDJVQ7 | COMMON STOCK | 23,979.0000 | 240,749.16 | .05 |
| ELLIOTT OPPORTUNITY II COR-A | BNK8ZN2 | COMMON STOCK | 49,230.0000 | 491,315.40 | .10 | |
| PERIDOT ACQUISITION CORP-A | PDOT | BNSNZN9 | COMMON STOCK | 82,671.0000 | 828,363.42 | .17 |
| BULLPEN PARLAY ACQUISITION-A | BNZJ5F2 | COMMON STOCK | 52,860.0000 | 538,114.80 | .11 | |
| CRESCERA CAPITAL ACQUIS-CL A | BPRB7J8 | COMMON STOCK | 41,264.0000 | 420,892.80 | .09 | |
| ENTERPRISE 4.0 TECHNOLOGY AC | ENTF | G3137C106 | COMMON STOCK | 26,868.0000 | 274,859.64 | .06 |
| IBERE PHARMACEUTICALS | IBER | G46843101 | COMMON STOCK | 102,400.0000 | 1,027,072.00 | .21 |
| ICONIC SPORTS ACQ CORP-A | ICNC | G4712C107 | COMMON STOCK | 208,716.0000 | 2,143,513.32 | .44 |
| PONTEM CORP-CLASS A | PNTM | G71707106 | COMMON STOCK | 133,467.0000 | 1,340,008.68 | .28 |
| PYROPHYTE ACQUISITION CORP | PHYT | G7308P101 | COMMON STOCK | 29,037.0000 | 297,629.25 | .06 |
| TIO TECH A- CLASS A | TIOA | G8T10C106 | COMMON STOCK | 220,000.0000 | 2,202,200.00 | .45 |
| HAMBRO PERKS ACQ-CLASS A /GBP/ | BMCP7B6 | COMMON STOCK | 262,512.0000 | 3,180,405.05 | .65 | |
| HAMBRO PERKS WT EX 06/30/24 | BPGZVF5 | WARRANTS | 131,256.0000 | 12,658.33 | .00 | |
| HIRO METAVERSE AC-CLASS /GBP/ | BNNWYQ7 | COMMON STOCK | 144,837.0000 | 1,750,375.05 | .36 | |
| HIRO METAV WRT 12/21/26 /GBP/ | BNNWYR8 | WARRANTS | 72,418.0000 | 13,531.48 | .00 | |
| GP BULLHOUND ACQUISITIO- /EUR/ | BMC45N1 | COMMON STOCK | 116,382.0000 | 1,206,574.51 | .25 | |
| GP BULLHOU WRT 03/11/27 /EUR/ | BMC4Y56 | WARRANTS | 58,191.0000 | 15,142.75 | .00 | |
| ARROWROOT ACQUISITION CORP-A | ARRW | 04282M102 | COMMON STOCK | 10,094.0000 | 100,536.24 | .02 |
| DHB CAPITAL CORP-CL A | 23291W109 | COMMON STOCK | 7,704.0000 | 77,579.28 | .02 | |
| DHB CAP CORP WT EX 03/15/26 | 23291W117 | WARRANTS | 2,568.0000 | 1.54 | .00 | |
| AXON INFRASTRUCTURE ACQ | 34JWX5 | COMMON STOCK | 8,000.0000 | 484.80 | .00 | |
| BERENSON ACQUISITION CORP I | 34KRVP | OTHER EQUITY | 25,927.0000 | 1,700.81 | .00 | |
| REVELSTONE CAPITAL ACQUISITI | 34MJXD | OTHER EQUITY | 12,300.0000 | 615.00 | .00 | |
| ALPHA PARTNERS TECHNOLOGY CL A | 34MKQ9 | COMMON STOCK | 16,305.0000 | 929.39 | .00 | |
| GOAL ACQUISITIONS CORP | 38021H107 | COMMON STOCK | 305,331.0000 | 3,038,043.45 | .62 | |
| GOLDEN FALCON ACQUISITI-CL A | 38102H109 | COMMON STOCK | 90,017.0000 | 903,770.68 | .19 | |
| ISHARES CORE 1-5 YEAR USD BO | ISTB | 46432F859 | POOLED INVESTMENTS | 1,803,255.0000 | 84,157,910.85 | 17.29 |
| LEAFLY HLDGS WT EX 01/17/2027 | 52178J113 | WARRANTS | 43,327.0000 | 2,621.28 | .00 | |
| MASON INDUSTRIAL TECHN-CL A | MIT | 57520Y106 | COMMON STOCK | 468,448.0000 | 4,661,057.60 | .96 |
| PIVOTAL INVESTMENT CORPIII-A | 72582M106 | COMMON STOCK | 151,077.0000 | 1,510,770.00 | .31 | |
| INFRABUILD AUSTRA 12% 10/01/24 | 45682RAA8 | CORPORATE BONDS | 4,289,000.0000 | 4,160,330.00 | .85 | |
| MACQUARIE GROUP L V/R 03/27/24 | 55608JAL2 | CORPORATE BONDS | 150,000.0000 | 149,237.31 | .03 | |
| CAI 2020-1A A 2.22% 03/27/28 | 12807CAA1 | ASSET BACKED | 407,916.6700 | 351,574.85 | .07 | |
| RIAL 2022-FL8 A V/R 01/19/37 | 76243NAA4 | ASSET BACKED | 200,000.0000 | 195,000.00 | .04 | |
| TRITON CONTAINER 0.8% 08/01/23 | 89680YAD7 | CORPORATE BONDS | 135,000.0000 | 130,050.84 | .03 | |
| GOLAR LNG LTD 7% 10/20/25 | G4023LAB7 | CORPORATE BONDS | 13,591,000.0000 | 12,775,540.00 | 2.63 | |
| BANK OF MONTREAL V/R 03/08/24 | 06368FAH2 | CORPORATE BONDS | 150,000.0000 | 149,286.87 | .03 | |
| BANK OF NOVA SC 0.65% 07/31/24 | 0641596E1 | CORPORATE BONDS | 80,000.0000 | 74,412.52 | .02 | |
| CANADIAN PACIFI 1.35% 12/02/24 | 13645RBD5 | CORPORATE BONDS | 160,000.0000 | 148,992.91 | .03 | |
| COLUMBIA CARE IN 9.5% 02/03/26 | 197309AP2 | CORPORATE BONDS | 13,681,000.0000 | 13,475,785.00 | 2.77 | |
| GREENFIRE RESOURC 12% 08/15/25 | 36136LAA2 | CORPORATE BONDS | 2,277,000.0000 | 2,413,620.00 | .50 | |
| ROYAL BANK OF 3.375% 04/14/25 | 78016EZ59 | CORPORATE BONDS | 155,000.0000 | 150,068.28 | .03 | |
| TACORA RESOURCE 8.25% 05/15/26 | 87356LAA8 | CORPORATE BONDS | 6,500,000.0000 | 5,330,195.91 | 1.10 | |
| TORONTO-DOMINION 0.7% 09/10/24 | 89114TZE5 | CORPORATE BONDS | 165,000.0000 | 153,111.17 | .03 | |
| MEGLOBAL CANADA UL 5% 05/18/25 | BMFG2R7 | CORPORATE BONDS | 200,000.0000 | 195,308.80 | .04 | |
| COPPER MOUNTAIN MI 8% 04/09/26 | C2783GAA8 | CORPORATE BONDS | 7,653,681.0000 | 7,098,789.13 | 1.46 | |
| ACREC 2021-FL1 A V/R 09/16/26 | 00500RAA3 | ASSET BACKED | 209,000.0000 | 198,814.16 | .04 | |
| ALLEG 2019-1A AR V/R 07/20/32 | 01750FAJ5 | ASSET BACKED | 1,000,000.0000 | 975,000.00 | .20 | |
| ARCLO 2020-FL1 A V/R 12/15/24 | 03880WAC2 | ASSET BACKED | 177,000.0000 | 170,187.06 | .03 | |
| ARCLO 2021-FL2 A V/R 02/15/26 | 03881EAA5 | ASSET BACKED | 225,000.0000 | 218,359.01 | .04 | |
| AVOLON HOLDING 5.125% 10/01/23 | 05401AAB7 | CORPORATE BONDS | 15,000.0000 | 14,798.21 | .00 | |
| BSPRT 2019-FL5 A V/R 05/15/29 | 05587TAA4 | ASSET BACKED | 15,609.0600 | 15,580.92 | .00 | |
| BRSP 2021-FL1 A V/R 08/19/38 | 05591XAA9 | ASSET BACKED | 184,000.0000 | 177,868.79 | .04 | |
| BSPRT 2021-FL6 A V/R 03/15/36 | 05601HAA2 | ASSET BACKED | 193,000.0000 | 187,970.32 | .04 | |
| BSPRT 2021-FL7 A V/R 12/15/38 | 05602CAA2 | ASSET BACKED | 209,000.0000 | 199,716.81 | .04 | |
| BCC 2019-1A AR V/R 04/19/34 | 05683VAS3 | ASSET BACKED | 500,000.0000 | 482,631.85 | .10 | |
| BCC 2021-1A A V/R 04/18/34 | 05684LAC9 | ASSET BACKED | 500,000.0000 | 482,698.40 | .10 | |
| CHCP 2021-FL1 A V/R 02/15/38 | 12546JAA2 | ASSET BACKED | 234,592.5400 | 229,062.56 | .05 | |
| CHCP 2021-FL1 AS V/R 02/15/38 | 12546JAC8 | ASSET BACKED | 100,000.0000 | 96,147.28 | .02 | |
| CLNC 2019-FL1 AS V/R 12/19/25 | 12565DAC7 | ASSET BACKED | 177,000.0000 | 170,805.00 | .04 | |
| CGMS 2021-7A A1 V/R 10/15/35 | 14316WAA7 | ASSET BACKED | 1,000,000.0000 | 965,510.30 | .20 | |
| FSRIA 2021-FL3 A V/R 08/16/26 | 30323CAA8 | ASSET BACKED | 209,000.0000 | 198,786.48 | .04 | |
| FPPC 2022-1A A V/R 04/14/35 | 35455DAA5 | ASSET BACKED | 1,000,000.0000 | 960,878.00 | .20 | |
| GALXY 2018-27A A V/R 05/16/31 | 36320UAC4 | ASSET BACKED | 500,000.0000 | 488,507.40 | .10 | |
| GWOLF 2018-2A A1 V/R 10/20/31 | 39809AAA6 | ASSET BACKED | 1,000,000.0000 | 979,023.40 | .20 | |
| GSTNE 2021-FL3 A V/R 07/15/39 | 39809PAA3 | ASSET BACKED | 184,000.0000 | 174,757.24 | .04 | |
| GSM 2021-IIIA A1 V/R 04/15/34 | 402512AA5 | ASSET BACKED | 1,000,000.0000 | 973,107.40 | .20 | |
| HGI 2021-FL1 A V/R 06/16/36 | 40441LAA4 | ASSET BACKED | 191,706.5200 | 182,849.68 | .04 | |
| HLSY 2021-5A A1A V/R 01/30/35 | 406371AA2 | ASSET BACKED | 500,000.0000 | 483,239.65 | .10 | |
| HAYFN 2018-8A A V/R 04/20/31 | 42086PAC7 | ASSET BACKED | 500,000.0000 | 485,928.20 | .10 | |
| LNCR 2019-CRE3 A V/R 02/15/24 | 53947DAC0 | ASSET BACKED | 145,400.0200 | 144,856.44 | .03 | |
| MF1 2021-FL6 A V/R 06/16/26 | 55283TAA6 | ASSET BACKED | 200,000.0000 | 191,214.02 | .04 | |
| MF1 2021-FL7 A V/R 10/16/36 | 55284AAA6 | ASSET BACKED | 208,000.0000 | 198,821.21 | .04 | |
| MP21 2021-3A A1 V/R 10/17/34 | 56606KAA3 | ASSET BACKED | 1,000,000.0000 | 968,543.00 | .20 | |
| NLY 2019-FL2 AS V/R 12/15/22 | 629167AC1 | ASSET BACKED | 341,000.0000 | 334,196.10 | .07 | |
| WOODS 2017-16A A V/R 11/15/30 | 66859WAA0 | ASSET BACKED | 988,760.7200 | 976,155.11 | .20 | |
| OCP 2014-5A A1R V/R 04/26/31 | 67102SAL8 | ASSET BACKED | 250,000.0000 | 244,553.55 | .05 | |
| OCTR 2014-5A ARR V/R 10/13/31 | 67515EAR7 | ASSET BACKED | 982,915.5700 | 960,388.03 | .20 | |
| PFP 2021-8 A V/R 08/09/37 | 69357XAA9 | ASSET BACKED | 180,094.1900 | 173,485.04 | .04 | |
| PARK AEROSPACE H 4.5% 03/15/23 | 70014LAC4 | CORPORATE BONDS | 110,000.0000 | 109,452.80 | .02 | |
| STWD 2021-FL2 A V/R 03/18/25 | 78486BAA2 | ASSET BACKED | 200,000.0000 | 194,375.00 | .04 | |
| SNDPT 2017-4A A1 V/R 01/21/31 | 83609TAA5 | ASSET BACKED | 500,000.0000 | 487,916.15 | .10 | |
| SNDPT 2014-2RA A V/R 10/20/31 | 83613WAA2 | ASSET BACKED | 1,000,000.0000 | 982,962.20 | .20 | |
| STCR 2018-2A A V/R 08/18/31 | 85816LAA6 | ASSET BACKED | 1,000,000.0000 | 978,200.00 | .20 | |
| TRTX 2021-FL4 A V/R 03/15/38 | 87276WAA1 | ASSET BACKED | 200,000.0000 | 193,125.00 | .04 | |
| TRANSOCEAN SEN 5.375% 05/15/23 | 89385AAA3 | CORPORATE BONDS | 1,974,012.1500 | 1,954,788.21 | .40 | |
| VIBR 2018-8A A1A V/R 01/20/31 | 92558FAA7 | ASSET BACKED | 500,000.0000 | 491,092.95 | .10 | |
| WELF 2019-XA A1R V/R 07/20/32 | 94949WAM8 | ASSET BACKED | 500,000.0000 | 483,235.10 | .10 | |
| SABLE INTL FINA 5.75% 09/07/27 | BJN5MK8 | CORPORATE BONDS | 200,000.0000 | 182,500.00 | .04 | |
| INTEROCEANICA 0% 11/30/25 | P52715AB8 | CORPORATE BONDS | 18,259.7400 | 14,707.31 | .00 | |
| AES ANDES SA V/R 03/26/79 | 00105DAF2 | CORPORATE BONDS | 200,000.0000 | 185,086.35 | .04 | |
| EMPRESA ELECTRIC 5.5% 05/14/27 | BK254C2 | CORPORATE BONDS | 132,720.0000 | 116,529.49 | .02 | |
| EMPRESA ELECTR 4.875% 05/25/29 | P3713QAA5 | CORPORATE BONDS | 113,000.0000 | 99,863.75 | .02 | |
| GNL QUINTERO S 4.634% 07/31/29 | P4909LAA8 | CORPORATE BONDS | 164,720.0000 | 156,565.30 | .03 | |
| BANCOLOMBIA SA V/R 10/18/27 | 05968LAK8 | CORPORATE BONDS | 200,000.0000 | 191,500.00 | .04 | |
| REPUBLIC OF COLO 4.5% 01/28/26 | 195325CX1 | GOVERNMENT BONDS | 200,000.0000 | 185,454.89 | .04 | |
| ECOPETROL SA 4.125% 01/16/25 | 279158AK5 | CORPORATE BONDS | 100,000.0000 | 94,117.13 | .02 | |
| BBVA COLOMBIA 4.875% 04/21/25 | P1024TAN9 | CORPORATE BONDS | 200,000.0000 | 190,000.01 | .04 | |
| LR GLOBAL HO V/R 02/03/25/EUR/ | BMFN5V3 | CORPORATE BONDS | 4,350,000.0000 | 3,373,296.55 | .69 | |
| ADANI PORTS AND SP 4% 07/30/27 | BF0MQ91 | CORPORATE BONDS | 200,000.0000 | 174,492.52 | .04 | |
| ADANI INTERNATIONA 3% 02/16/31 | Y0R14UAA9 | CORPORATE BONDS | 187,500.0000 | 146,900.77 | .03 | |
| RELIANCE INDUS 4.125% 01/28/25 | Y72596BU5 | CORPORATE BONDS | 250,000.0000 | 242,246.83 | .05 | |
| FREEPORT INDON 4.763% 04/14/27 | 69377FAA4 | CORPORATE BONDS | 200,000.0000 | 192,200.00 | .04 | |
| INDONESIA ASAHA 4.75% 05/15/25 | Y7140WAE8 | CORPORATE BONDS | 200,000.0000 | 195,562.86 | .04 | |
| BANK LEUMI LE-ISR V/R 01/29/31 | 06326BAA7 | CORPORATE BONDS | 200,000.0000 | 177,750.00 | .04 | |
| BANK HAPOALIM V/R 01/21/32 | BNRR5X2 | CORPORATE BONDS | 200,000.0000 | 170,644.00 | .04 | |
| LINKEM SPA V/R 11/09/22/EUR/ | 333CY4 | CORPORATE BONDS | 6,342,000.0000 | 6,535,373.68 | 1.34 | |
| GALAXY PIPELINE 1.75% 09/30/27 | BNC1DT1 | CORPORATE BONDS | 162,397.9700 | 150,033.06 | .03 | |
| GUARA NORTE SA 5.198% 06/15/34 | L4R02QAA8 | CORPORATE BONDS | 187,230.0000 | 154,932.83 | .03 | |
| MILLICOM INTL 5.125% 01/15/28 | L6388GAB6 | CORPORATE BONDS | 180,000.0000 | 162,772.20 | .03 | |
| SEASPAN CORP 6.5% 02/05/24 | BLH1XN6 | CORPORATE BONDS | 300,000.0000 | 297,000.00 | .06 | |
| UPL CORP LTD 4.5% 03/08/28 | BFX1K48 | CORPORATE BONDS | 200,000.0000 | 167,787.09 | .03 | |
| BANCO MERCANTIL DE V/R /PERP/ | P1401KAA9 | CORPORATE BONDS | 200,000.0000 | 172,600.00 | .04 | |
| BANCO NACIONAL CO V/R 08/11/31 | P1451JAA1 | CORPORATE BONDS | 200,000.0000 | 169,000.00 | .03 | |
| BBVA BANCOMER SA V/R 11/12/29 | P16259AL0 | CORPORATE BONDS | 200,000.0000 | 194,000.00 | .04 | |
| MEXICO GENERADOR 5.5% 12/06/32 | P66208AA0 | CORPORATE BONDS | 141,537.4600 | 134,724.29 | .03 | |
| AZERION HO 7.25% 04/28/24/EUR/ | BMD6871 | CORPORATE BONDS | 2,529,000.0000 | 2,424,473.56 | .50 | |
| SCHLETTER IN V/R 09/12/25/EUR/ | BPG3QN2 | CORPORATE BONDS | 1,610,000.0000 | 1,699,365.27 | .35 | |
| CLEAR CHANNEL 6.625% 08/01/25 | 18452MAB2 | CORPORATE BONDS | 8,982,000.0000 | 8,501,053.15 | 1.75 | |
| T/L LEALAND FINAN 0% 06/28/24 | LX188995 | LOAN | 2,695,935.1100 | 1,684,959.44 | .35 | |
| BRASKEM NETHERLAN V/R 01/23/81 | N15516AF9 | CORPORATE BONDS | 200,000.0000 | 192,994.00 | .04 | |
| MHH HOLDING BV V/R 02/10/25 | N4071MAA0 | CORPORATE BONDS | 3,610,000.0000 | 3,610,000.00 | .74 | |
| MINEJESA CAPIT 4.625% 08/10/30 | N57445AA1 | CORPORATE BONDS | 200,000.0000 | 174,000.00 | .04 | |
| FIVEN AS V/R 06/21/24/EUR/ | BN6M4M0 | CORPORATE BONDS | 6,623,000.0000 | 6,721,533.43 | 1.38 | |
| NOR5KE VIKIN V/R 05/03/24/NOK/ | R3R18DAA5 | CORPORATE BONDS | 7,100,000.0000 | 715,758.52 | .15 | |
| NORDIC CAPIT V/R 06/30/24/NOK/ | R4976GAB3 | CORPORATE BONDS | 20,400,000.0000 | 2,016,063.53 | .41 | |
| REPUBLIC OF PAN 3.75% 03/16/25 | 698299BE3 | GOVERNMENT BONDS | 200,000.0000 | 194,510.30 | .04 | |
| BANCO CONTINENT 2.75% 12/10/25 | 059490AB8 | CORPORATE BONDS | 150,000.0000 | 130,687.50 | .03 | |
| BBVA BANCO CONTIN V/R 09/22/29 | BQVBHX5 | CORPORATE BONDS | 100,000.0000 | 97,000.00 | .02 | |
| BANCO INTERNAC DE V/R 07/08/30 | P13435AD7 | CORPORATE BONDS | 150,000.0000 | 135,081.00 | .03 | |
| CORP FINANCIERA D V/R 07/15/29 | P3R94GAA7 | GOVERNMENT BONDS | 200,000.0000 | 188,802.00 | .04 | |
| TRANSPORT DE GA 4.25% 04/30/28 | P9367RAG6 | CORPORATE BONDS | 200,000.0000 | 187,352.00 | .04 | |
| PSA TREASURY PTE 2.5% 04/12/26 | BYQ9N32 | CORPORATE BONDS | 200,000.0000 | 187,248.00 | .04 | |
| SINGTEL GROUP T 3.25% 06/30/25 | BYTGS46 | CORPORATE BONDS | 200,000.0000 | 192,514.98 | .04 | |
| REPUBLIC OF SO 4.875% 04/14/26 | 836205AT1 | GOVERNMENT BONDS | 200,000.0000 | 195,329.20 | .04 | |
| NONGHYUP BANK 1.25% 07/20/25 | 65540KAD7 | CORPORATE BONDS | 200,000.0000 | 178,637.90 | .04 | |
| AI CANDELARIA SP 7.5% 12/15/28 | BGL1H02 | CORPORATE BONDS | 250,000.0000 | 233,190.00 | .05 | |
| BROADCOM CRP / 3.875% 01/15/27 | 11134LAH2 | CORPORATE BONDS | 40,000.0000 | 37,867.17 | .01 | |
| CONNECT FINCO S 6.75% 10/01/26 | 20752TAA2 | CORPORATE BONDS | 6,536,000.0000 | 6,176,520.00 | 1.27 | |
| DESENIO GROU V/R 12/16/24/SEK/ | W2R21YAA0 | CORPORATE BONDS | 3,750,000.0000 | 173,252.24 | .04 | |
| GO NORTH GRO V/R 07/15/25/SEK/ | W3578FAA5 | CORPORATE BONDS | 43,750,000.0000 | 4,249,665.38 | .87 | |
| ADDVISE GROU V/R 05/21/24/SEK/ | W49283AB5 | CORPORATE BONDS | 20,620,000.0000 | 1,968,755.48 | .40 | |
| IMPALA GROUP V/R 10/20/24/SEK/ | G4722LAA3 | CORPORATE BONDS | 13,750,000.0000 | 1,237,836.62 | .25 | |
| BAT INTL FINAN 1.668% 03/25/26 | 05530QAN0 | CORPORATE BONDS | 100,000.0000 | 88,642.88 | .02 | |
| JAGUAR LAND RO 5.625% 02/01/23 | 47010BAA2 | CORPORATE BONDS | 894,000.0000 | 885,271.33 | .18 | |
| ROYALTY PHARMA 0.75% 09/02/23 | 78081BAG8 | CORPORATE BONDS | 115,000.0000 | 110,998.03 | .02 | |
| ROYALTY PHARMA P 1.2% 09/02/25 | 78081BAH6 | CORPORATE BONDS | 40,000.0000 | 35,853.62 | .01 | |
| ACCSS 2004-2 A3 V/R 10/25/24 | 00432CBW0 | ASSET BACKED | 26,183.5300 | 26,080.38 | .01 | |
| ACCSS 2007-A A3 V/R 05/25/36 | 00432CDJ7 | ASSET BACKED | 147,458.8600 | 142,268.03 | .03 | |
| AFFRM 2020-Z2 A 1.9% 01/15/24 | 00834AAA7 | ASSET BACKED | 42,124.2900 | 40,872.14 | .01 | |
| AFFRM 2021-Z1 1.07% 08/15/24 | 00834CAA3 | ASSET BACKED | 100,737.1200 | 97,698.84 | .02 | |
| ALBERTSONS COS/S 3.5% 02/15/23 | 013092AD3 | CORPORATE BONDS | 5,633,000.0000 | 5,604,835.00 | 1.15 | |
| AMERICAN EXPRESS V/R 03/04/25 | 025816CR8 | CORPORATE BONDS | 65,000.0000 | 65,010.52 | .01 | |
| AMERICAN EXPRE 3.375% 05/03/24 | 025816CV9 | CORPORATE BONDS | 75,000.0000 | 73,523.03 | .02 | |
| AMERICAN GREETI 8.75% 04/15/25 | 026375AR6 | CORPORATE BONDS | 2,250,000.0000 | 2,179,687.50 | .45 | |
| ANA INTL/ANA HOLD 15% 08/15/25 | 03254TAA1 | CORPORATE BONDS | 3,732,610.0000 | 3,620,631.70 | .74 | |
| AOMT 2020-6 A1 V/R 09/25/24 | 03465AAA7 | ASSET BACKED | 227,258.1500 | 192,250.49 | .04 | |
| AQFIT 2020-AA A 1.9% 12/17/25 | 038413AA8 | ASSET BACKED | 52,131.4600 | 49,114.54 | .01 | |
| AMMST 2021-MF 2.023% 06/15/26 | 03881VAC3 | ASSET BACKED | 183,000.0000 | 161,972.84 | .03 | |
| ATHENE GLOBAL FUN V/R 05/24/24 | 04685A2X8 | CORPORATE BONDS | 155,000.0000 | 152,017.67 | .03 | |
| BBCMS 2019-BWAY V/R 11/15/21 | 05492NAA1 | ASSET BACKED | 200,000.0000 | 189,303.14 | .04 | |
| BAT CAPITAL CO 2.789% 09/06/24 | BTI24 | 05526DBG9 | CORPORATE BONDS | 40,000.0000 | 38,241.81 | .01 |
| BSREP 2021-DC A V/R 08/15/26 | 05591UAA5 | ASSET BACKED | 184,000.0000 | 174,284.56 | .04 | |
| BPR 2021-TY A V/R 09/15/38 | 05592AAA8 | ASSET BACKED | 208,000.0000 | 195,673.23 | .04 | |
| BX 2021-VIEW A V/R 06/15/23 | 05606GAA9 | ASSET BACKED | 183,000.0000 | 172,610.49 | .04 | |
| BX 2021-21M A V/R 10/15/26 | 05609CAA5 | ASSET BACKED | 155,707.4100 | 148,213.54 | .03 | |
| BXHPP 2021-FILM V/R 08/15/26 | 05609JAJ1 | ASSET BACKED | 209,000.0000 | 192,638.12 | .04 | |
| BX 2021-XL2 B V/R 10/15/23 | 05609KAC3 | ASSET BACKED | 193,683.4500 | 182,518.41 | .04 | |
| BX 2021-VOLT B V/R 09/15/23 | 05609VAG0 | ASSET BACKED | 208,000.0000 | 194,379.47 | .04 | |
| BANK 2017-BNK6 X V/R 07/15/60 | 060352AG6 | ASSET BACKED | 1,696,644.9300 | 45,479.92 | .01 | |
| BANK OF AMERICA C V/R 03/05/24 | 06051GHE2 | CORPORATE BONDS | 100,000.0000 | 99,859.55 | .02 | |
| BANK OF AMERICA C V/R 04/22/25 | 06051GJU4 | CORPORATE BONDS | 40,000.0000 | 39,327.29 | .01 | |
| BANK 2017-BNK4 X V/R 05/15/50 | 06541FBB4 | ASSET BACKED | 1,277,452.5400 | 57,284.29 | .01 | |
| BMARK 2018-B4 XA V/R 06/15/28 | 08161HAG5 | ASSET BACKED | 10,622,387.6100 | 183,679.14 | .04 | |
| BMARK 2020-B16 X V/R 01/15/30 | 08161NAG2 | ASSET BACKED | 3,675,788.1200 | 180,248.89 | .04 | |
| BRAVO 2021-A A1 V/R 01/25/24 | 105693AA3 | ASSET BACKED | 629,031.1100 | 596,052.20 | .12 | |
| BRAVO 2022-RPL1 V/R 09/25/61 | 10569XAA7 | ASSET BACKED | 907,169.8200 | 806,747.30 | .17 | |
| BRIGHTHSE FIN GL 0.6% 06/28/23 | 10921U2D9 | CORPORATE BONDS | 60,000.0000 | 58,354.06 | .01 | |
| BROADCOM INC 3.15% 11/15/25 | 11135FBB6 | CORPORATE BONDS | 120,000.0000 | 114,185.53 | .02 | |
| CCO HLDGS LLC/CAP 4% 03/01/23 | 1248EPBZ5 | CORPORATE BONDS | 3,495,000.0000 | 3,475,300.78 | .71 | |
| CD 2017-CD4 XA V/R 04/10/27 | 12515DAS3 | ASSET BACKED | 1,349,976.6200 | 54,565.92 | .01 | |
| CFCRE 2017-C8 XB V/R 05/15/27 | 12532CBF1 | ASSET BACKED | 287,000.0000 | 9,815.08 | .00 | |
| CSAIL 2017-C8 XA V/R 06/15/27 | 12595BAF8 | ASSET BACKED | 587,532.7500 | 21,356.17 | .00 | |
| CSAIL 2017-CX10 V/R 11/15/27 | 12595JAN4 | ASSET BACKED | 4,090,800.8400 | 109,863.37 | .02 | |
| CSAIL 2018-CX12 V/R 08/15/28 | 12595XAV5 | ASSET BACKED | 3,293,005.7900 | 78,440.39 | .02 | |
| COLT 2021-RPL1 A V/R 09/25/61 | 12598PAA5 | ASSET BACKED | 780,511.5700 | 691,445.29 | .14 | |
| COMM 2013-CR9 XA V/R 07/10/23 | 12625UBC6 | ASSET BACKED | 14,172,550.9900 | 595.25 | .00 | |
| CSMC 2020-RPL3 A V/R 03/25/60 | 12656PAC0 | ASSET BACKED | 463,121.3800 | 437,770.95 | .09 | |
| CAPITAL ONE FINAN V/R 07/24/26 | 14040HCU7 | CORPORATE BONDS | 155,000.0000 | 153,646.51 | .03 | |
| CENGAGE LEARNING 9.5% 06/15/24 | 15137NAA1 | CORPORATE BONDS | 8,769,000.0000 | 8,319,588.75 | 1.71 | |
| CHOBANI LLC/FINA 7.5% 04/15/25 | 17027NAA0 | CORPORATE BONDS | 7,715,000.0000 | 7,541,103.90 | 1.55 | |
| CITIGROUP INC V/R 06/01/24 | 172967MA6 | CORPORATE BONDS | 110,000.0000 | 109,834.66 | .02 | |
| CITIGROUP INC V/R 11/03/25 | 172967ND9 | CORPORATE BONDS | 45,000.0000 | 41,250.66 | .01 | |
| COLT 2021-1R A1 V/R 05/25/65 | 19688BAA2 | ASSET BACKED | 132,867.1000 | 108,070.22 | .02 | |
| COLT 2020-2 A1 V/R 03/25/65 | 19688JAA5 | ASSET BACKED | 29,613.0300 | 28,920.84 | .01 | |
| COMCAST CORP 5.25% 11/07/25 | 20030NDZ1 | CORPORATE BONDS | 75,000.0000 | 76,280.13 | .02 | |
| COMM 2013-LC6 XA V/R 01/10/23 | 20048EAZ4 | ASSET BACKED | 235,291.8900 | 5.08 | .00 | |
| COMM 2018-HCLV A V/R 09/15/20 | 20048KAA5 | ASSET BACKED | 227,000.0000 | 213,049.26 | .04 | |
| CBSLT 2020-AGS 1.98% 06/25/29 | 20267WAA3 | ASSET BACKED | 180,082.3800 | 158,165.40 | .03 | |
| CONAGRA BRANDS I 4.3% 05/01/24 | 205887CA8 | CORPORATE BONDS | 65,000.0000 | 64,210.43 | .01 | |
| COOKS VENTURE IN 5.5% 01/15/25 | 216378AA7 | CORPORATE BONDS | 1,805,000.0000 | 1,766,914.50 | .36 | |
| DBJPM 2016-C3 2.89% 07/10/26 | 23312VAF3 | ASSET BACKED | 200,000.0000 | 182,086.58 | .04 | |
| DOLLAR TREE INC 4% 05/15/25 | 256746AG3 | CORPORATE BONDS | 145,000.0000 | 142,067.74 | .03 | |
| ENERGY TRANSFER 4.05% 03/15/25 | ETP25 | 29273RBD0 | CORPORATE BONDS | 5,000.0000 | 4,855.12 | .00 |
| ENERGY TRANSFER 4.5% 04/15/24 | 29278NAH6 | CORPORATE BONDS | 25,000.0000 | 24,686.18 | .01 | |
| ENERGY TRANSFE 5.875% 01/15/24 | 29278NAM5 | CORPORATE BONDS | 120,000.0000 | 120,459.27 | .02 | |
| ENTERGY LOUISIA 0.95% 10/01/24 | 29364WBK3 | CORPORATE BONDS | 165,000.0000 | 153,296.03 | .03 | |
| CGCMT 2019-PRM 4.35% 05/10/24 | 29429JAJ9 | ASSET BACKED | 386,000.0000 | 381,578.10 | .08 | |
| EQUS 2021-EQAZ A V/R 10/15/23 | 29478JAA8 | ASSET BACKED | 208,995.8100 | 199,695.45 | .04 | |
| EART 2021-1A C 0.74% 02/15/24 | 30166RAE7 | ASSET BACKED | 622,320.2000 | 607,006.70 | .12 | |
| EXPEDIA GROUP I 6.25% 05/01/25 | 30212PAS4 | CORPORATE BONDS | 125,000.0000 | 126,522.91 | .03 | |
| FSRIA 2021-FL2 A V/R 05/16/38 | 30319YAA6 | ASSET BACKED | 200,000.0000 | 191,101.80 | .04 | |
| FNA 2020-M49 1A1 V/R 11/25/30 | 3136BCC73 | ASSET BACKED | 1,169,246.0300 | 1,023,880.57 | .21 | |
| FNA 2021-M6 A1 V/R 03/25/33 | 3136BFHB2 | ASSET BACKED | 728,335.1900 | 648,035.14 | .13 | |
| FNA 2021-M7 A1 V/R 03/25/31 | 3136BFQY2 | ASSET BACKED | 207,573.9200 | 183,909.23 | .04 | |
| FHR 4987 BF V/R 06/25/50 | 3137FTQU4 | ASSET BACKED | 1,527,255.4800 | 1,483,664.25 | .30 | |
| FIVE POINT OP 7.875% 11/15/25 | 33834YAA6 | CORPORATE BONDS | 940,000.0000 | 799,000.00 | .16 | |
| BRAZOS ELECTRIC 0% 3/23/49 | 34F872 | CORPORATE BONDS | 4,493,333.3300 | 4,083,631.20 | .84 | |
| BRAZOS ELECTRIC 0% 3/23/49 | 34G3VQ | CORPORATE BONDS | 6,027,000.0000 | 5,477,458.14 | 1.13 | |
| BUZZFEED 7.00 9/30/2026 | 34H158 | CORPORATE BONDS | 9,800,000.0000 | 6,454,184.84 | 1.33 | |
| T/L K&N PARENT INC 0% 12/7/22 | 34RV3Y | LOAN | 334,076.2300 | 320,713.18 | .07 | |
| FXI HOLDINGS I 12.25% 11/15/26 | 35166FAA0 | CORPORATE BONDS | 4,292,000.0000 | 3,508,710.00 | .72 | |
| FREEPORT-MCMOR 4.125% 03/01/28 | 35671DCE3 | CORPORATE BONDS | 150,000.0000 | 137,007.00 | .03 | |
| GCAT 2022-NQM4 A V/R 08/25/26 | 36170HAA8 | ASSET BACKED | 978,938.9300 | 953,539.77 | .20 | |
| GSMS 2016-GS4 XA V/R 11/10/26 | 36251XAT4 | ASSET BACKED | 3,694,539.7000 | 66,084.60 | .01 | |
| GSMS 2017-GS6 XA V/R 05/10/27 | 36253PAE2 | ASSET BACKED | 1,705,740.3000 | 61,917.86 | .01 | |
| GSMS 2017-GS8 XA V/R 11/10/27 | 36254KAP7 | ASSET BACKED | 3,432,505.4800 | 115,184.24 | .02 | |
| GSMS 2021-IP A V/R 10/15/23 | 36262MAA6 | ASSET BACKED | 208,000.0000 | 193,597.64 | .04 | |
| GENERAL MOTORS 5.25% 03/01/26 | 37045XBG0 | CORPORATE BONDS | 155,000.0000 | 153,557.52 | .03 | |
| GSFMT 2020-AA 1.65% 02/20/24 | 37186XAE5 | ASSET BACKED | 250,000.0000 | 244,331.75 | .05 | |
| GETTY IMAGES IN 9.75% 03/01/27 | 374276AJ2 | CORPORATE BONDS | 8,209,000.0000 | 8,106,387.50 | 1.67 | |
| GLENCORE FUNDI 4.125% 05/30/23 | 378272AF5 | CORPORATE BONDS | 65,000.0000 | 64,536.82 | .01 | |
| GLENCORE FUNDING L 4% 04/16/25 | 378272AL2 | CORPORATE BONDS | 60,000.0000 | 58,040.14 | .01 | |
| GLENCORE FUNDI 4.125% 03/12/24 | 378272AT5 | CORPORATE BONDS | 15,000.0000 | 14,757.53 | .00 | |
| GOLDMAN SACHS GR 3.5% 04/01/25 | 38141GXJ8 | CORPORATE BONDS | 155,000.0000 | 149,990.60 | .03 | |
| HCA INC 5% 03/15/24 | 404119BN8 | CORPORATE BONDS | 150,000.0000 | 149,396.42 | .03 | |
| INNOVATE CORP 8.5% 02/01/26 | 404139AJ6 | CORPORATE BONDS | 9,643,000.0000 | 6,534,237.39 | 1.34 | |
| HAWAIIAN AIRLINE 3.9% 01/15/26 | 419838AA5 | CORPORATE BONDS | 7,939,294.2500 | 6,657,388.01 | 1.37 | |
| HERCULES ACHIEVEM V/R 12/22/24 | 42704WAA8 | CORPORATE BONDS | 1,216,000.0000 | 1,161,359.53 | .24 | |
| HERTZ 2021-1A 1.56% 12/25/24 | 42806MAB5 | ASSET BACKED | 500,000.0000 | 455,178.60 | .09 | |
| HILLENBRAND INC 5.75% 06/15/25 | 431571AD0 | CORPORATE BONDS | 2,958,000.0000 | 2,943,210.00 | .60 | |
| HGVT 2020-AA A 2.74% 02/25/39 | 43285HAA6 | ASSET BACKED | 230,449.2600 | 216,449.81 | .04 | |
| HYUNDAI CAPITAL AM 1% 09/17/24 | 44891ABY2 | CORPORATE BONDS | 165,000.0000 | 151,534.25 | .03 | |
| ICAHN ENTERPRIS 4.75% 09/15/24 | 451102BW6 | CORPORATE BONDS | 515,000.0000 | 495,661.75 | .10 | |
| STONEX GROUP I 8.625% 06/15/25 | 46116VAE5 | CORPORATE BONDS | 7,738,000.0000 | 7,844,397.50 | 1.61 | |
| IHSFR 2018-SFR1 V/R 03/17/20 | 46185JAA6 | ASSET BACKED | 166,185.9800 | 163,224.00 | .03 | |
| JPMBB 2015-C32 X V/R 09/15/25 | 46590JAY3 | ASSET BACKED | 833,448.1200 | 14,966.64 | .00 | |
| JPMORGAN CHASE & 3.9% 07/15/25 | 46625HMN7 | CORPORATE BONDS | 155,000.0000 | 152,952.70 | .03 | |
| JPMCC 2014-C20 X V/R 06/15/24 | 46642CBL3 | ASSET BACKED | 1,631,936.4800 | 10,575.60 | .00 | |
| JPMBB 2016-C1 3.576% 01/15/26 | 46645LAY3 | ASSET BACKED | 200,000.0000 | 188,372.44 | .04 | |
| JPMORGAN CHASE & V/R 04/26/26 | 46647PDB9 | CORPORATE BONDS | 75,000.0000 | 74,292.75 | .02 | |
| JPMCC 2020-MKST V/R 12/15/21 | 46652DAU9 | ASSET BACKED | 4,075,000.0000 | 40.75 | .00 | |
| KEURIG DR PEPPE 0.75% 03/15/24 | 49271VAL4 | CORPORATE BONDS | 160,000.0000 | 151,457.56 | .03 | |
| LCCM 2021-FL3 A V/R 11/15/38 | 50190FAA9 | ASSET BACKED | 210,000.0000 | 200,286.49 | .04 | |
| LCCM 2021-FL2 A V/R 12/13/38 | 50202KAA4 | ASSET BACKED | 184,000.0000 | 174,469.79 | .04 | |
| LMREC 2019-CRE3 V/R 01/22/24 | 50209TAA8 | ASSET BACKED | 84,782.8600 | 84,078.48 | .02 | |
| LRK 2019-A A1F 2.34% 08/25/21 | 51889RAA7 | ASSET BACKED | 20,808.9900 | 20,109.88 | .00 | |
| LMAT 2020-GS4 A1 V/R 02/25/60 | 52474KAA1 | ASSET BACKED | 266,593.1100 | 260,666.48 | .05 | |
| LMAT 2021-SL1 A V/R 09/25/60 | 52475PAA9 | ASSET BACKED | 187,498.3300 | 183,154.76 | .04 | |
| LMAT 2021-GS4 A1 V/R 11/25/60 | 52475WAA4 | ASSET BACKED | 408,695.2400 | 359,737.07 | .07 | |
| LOWE'S COS INC 4.4% 09/08/25 | 548661EK9 | CORPORATE BONDS | 90,000.0000 | 89,360.71 | .02 | |
| ME 2019-1 A2 6.448% 07/30/24 | 55282GAA5 | ASSET BACKED | 485,000.0000 | 469,716.68 | .10 | |
| MHP 2022-MHIL A V/R 01/15/24 | 55293DAA9 | ASSET BACKED | 203,076.6300 | 193,530.46 | .04 | |
| WARNERMEDIA HO 3.788% 03/15/25 | 55903VAU7 | CORPORATE BONDS | 135,000.0000 | 128,999.58 | .03 | |
| MFT 2019-4A C 3.76% 12/17/29 | 57110AAC8 | ASSET BACKED | 122,370.9600 | 119,724.96 | .02 | |
| MARSH & MCLENN 3.875% 03/15/24 | 571748BF8 | CORPORATE BONDS | 155,000.0000 | 152,896.68 | .03 | |
| MARRIOTT INTERNA 3.6% 04/15/24 | 571900BB4 | CORPORATE BONDS | 130,000.0000 | 127,552.28 | .03 | |
| MRT MID PART/MRT 10% 02/29/24 | 573334AF6 | CORPORATE BONDS | 8,913,260.0000 | 8,890,976.85 | 1.83 | |
| MARTIN MIDSTRE 11.5% 2/28/25 | 573334AH2 | CORPORATE BONDS | 635,000.0000 | 631,825.00 | .13 | |
| MERCURY CHILE HO 6.5% 01/24/27 | 58937CAA7 | CORPORATE BONDS | 200,000.0000 | 176,882.00 | .04 | |
| LEAFLY HOLDINGS IN 8% 01/31/25 | 58953MAA4 | CORPORATE BONDS | 8,497,000.0000 | 7,902,210.00 | 1.62 | |
| MICROCHIP TECH 0.972% 02/15/24 | 595017BB9 | CORPORATE BONDS | 135,000.0000 | 127,733.11 | .03 | |
| MMAF 2022-B A2 5.57% 12/09/24 | 606940AB0 | ASSET BACKED | 559,000.0000 | 559,205.32 | .11 | |
| MSC 2016-UB12 XA V/R 11/15/26 | 61691EBB0 | ASSET BACKED | 3,523,238.0100 | 72,740.77 | .01 | |
| MSC 2017-H1 XA V/R 05/15/27 | 61691JAW4 | ASSET BACKED | 865,674.9300 | 33,245.64 | .01 | |
| MSC 2021-L6 A2 V/R 05/15/31 | 61692CAX6 | ASSET BACKED | 184,000.0000 | 163,369.90 | .03 | |
| MORGAN STANLEY V/R 01/25/24 | 6174468W2 | CORPORATE BONDS | 125,000.0000 | 123,799.03 | .03 | |
| MSC 2016-UB11 XA V/R 08/15/26 | 61767FBB6 | ASSET BACKED | 1,194,937.8900 | 50,038.86 | .01 | |
| MSC 2021-ILP A V/R 11/15/23 | 62479WAA9 | ASSET BACKED | 209,307.8500 | 199,865.62 | .04 | |
| NYMT 2020-SP2 A1 V/R 10/25/23 | 62955DAA4 | ASSET BACKED | 376,197.1700 | 360,624.53 | .07 | |
| NATHAN'S FAMOU 6.625% 11/01/25 | 632347AC4 | CORPORATE BONDS | 2,306,000.0000 | 2,259,880.00 | .46 | |
| NAVSL 2020-GA 1.17% 02/15/28 | 63941UAA1 | ASSET BACKED | 83,450.6100 | 73,439.39 | .02 | |
| NRZT 2020-NQM1 A V/R 02/25/25 | 64830VAB9 | ASSET BACKED | 165,912.5500 | 148,207.96 | .03 | |
| NISSAN MOTOR A 1.125% 09/16/24 | 65480CAB1 | CORPORATE BONDS | 40,000.0000 | 36,217.61 | .01 | |
| OBX 2022-NQM1 A1 V/R 01/25/26 | 67114VAA1 | ASSET BACKED | 679,570.0700 | 569,549.44 | .12 | |
| PRPM 2021-4 A1 V/R 04/25/24 | 693583AA4 | ASSET BACKED | 506,367.7700 | 449,534.06 | .09 | |
| PACIFIC GAS & E 3.25% 02/16/24 | 694308KA4 | CORPORATE BONDS | 80,000.0000 | 77,575.97 | .02 | |
| PACIFIC GAS & E 4.95% 06/08/25 | 694308KE6 | CORPORATE BONDS | 50,000.0000 | 49,072.36 | .01 | |
| PAID 2022-1 A 2.03% 10/15/29 | 69546MAA5 | ASSET BACKED | 186,777.8000 | 178,881.08 | .04 | |
| PAID 2021-3 B 1.74% 05/15/29 | 69546RAB2 | ASSET BACKED | 649,964.6200 | 590,034.96 | .12 | |
| PAID 2021-5 A 1.53% 08/15/29 | 69547EAA2 | ASSET BACKED | 272,697.0500 | 262,200.61 | .05 | |
| PAID 2021-1 A 1.18% 11/15/27 | 69547JAA1 | ASSET BACKED | 91,323.8200 | 89,587.47 | .02 | |
| PAID 2022-3 A 6.06% 03/15/30 | 69547MAA4 | ASSET BACKED | 283,879.9900 | 280,043.75 | .06 | |
| PARKER-HANNIFIN 3.65% 06/15/24 | 701094AQ7 | CORPORATE BONDS | 140,000.0000 | 136,853.49 | .03 | |
| PENSKE TRUCK LEA 2.7% 11/01/24 | 709599BG8 | CORPORATE BONDS | 135,000.0000 | 126,967.97 | .03 | |
| PRET 2021-NPL3 A V/R 07/25/24 | 74143EAA0 | ASSET BACKED | 434,347.5300 | 387,801.42 | .08 | |
| REPUBLIC SERVICE 2.5% 08/15/24 | 760759AU4 | CORPORATE BONDS | 135,000.0000 | 129,417.05 | .03 | |
| SMR 2022-IND A V/R 02/15/24 | 78458MAA2 | ASSET BACKED | 183,272.1900 | 171,970.45 | .04 | |
| SREIT 2021-MFP A V/R 11/15/26 | 78472UAA6 | ASSET BACKED | 210,000.0000 | 200,658.09 | .04 | |
| SASOL FINANCIN 4.375% 09/18/26 | 80386WAC9 | CORPORATE BONDS | 200,000.0000 | 181,500.00 | .04 | |
| SCHLUMBERGER HL 3.75% 05/01/24 | 806851AJ0 | CORPORATE BONDS | 155,000.0000 | 152,348.73 | .03 | |
| CHARLES SCHWAB CO V/R 03/03/27 | 808513BZ7 | CORPORATE BONDS | 155,000.0000 | 150,562.14 | .03 | |
| SOUTHERN CAL EDIS V/R 04/01/24 | 842400HC0 | CORPORATE BONDS | 150,000.0000 | 148,909.23 | .03 | |
| SPRINT LLC 7.875% 09/15/23 | 85207UAF2 | CORPORATE BONDS | 4,000,000.0000 | 4,086,560.00 | .84 | |
| TEGNA INC 4.75% 03/15/26 | 87901JAF2 | CORPORATE BONDS | 7,922,000.0000 | 7,743,320.80 | 1.59 | |
| TIGO ENERGY INC 5.5% 01/15/25 | 88675PAD5 | CORPORATE BONDS | 2,227,500.0000 | 2,197,122.85 | .45 | |
| TRUIST FINANCIAL V/R 07/28/26 | 89788MAH5 | CORPORATE BONDS | 155,000.0000 | 152,175.50 | .03 | |
| UBSCM 2017-C1 XA V/R 06/15/50 | 90276EAF4 | ASSET BACKED | 845,388.9800 | 43,287.21 | .01 | |
| USAUT 2020-1A 3.22% 12/15/23 | 90353QAB2 | ASSET BACKED | 104,413.6300 | 103,946.00 | .02 | |
| US TREAS NTS 2.5% 04/30/24 | 91282CEK3 | GOVERNMENT BONDS | 880,000.0000 | 854,631.25 | .18 | |
| US TREAS NTS 2.5% 05/31/24 | 91282CER8 | GOVERNMENT BONDS | 1,570,000.0000 | 1,522,716.01 | .31 | |
| US TREAS NTS 3.25% 06/30/27 | 91282CEW7 | GOVERNMENT BONDS | 1,800,000.0000 | 1,753,171.88 | .36 | |
| US TREAS NTS 3% 06/30/24 | 91282CEX5 | GOVERNMENT BONDS | 690,000.0000 | 673,720.31 | .14 | |
| US TREAS NTS 3% 07/15/25 | 91282CEY3 | GOVERNMENT BONDS | 430,000.0000 | 417,570.31 | .09 | |
| US TREAS NTS 3% 07/31/24 | 91282CFA4 | GOVERNMENT BONDS | 700,000.0000 | 683,457.03 | .14 | |
| US TREAS NTS 3.125% 08/15/25 | 91282CFE6 | GOVERNMENT BONDS | 520,000.0000 | 506,532.81 | .10 | |
| US TREAS NTS 3.25% 08/31/24 | 91282CFG1 | GOVERNMENT BONDS | 430,000.0000 | 421,316.02 | .09 | |
| US TREAS NTS 3.5% 09/15/25 | 91282CFK2 | GOVERNMENT BONDS | 430,000.0000 | 423,079.69 | .09 | |
| WI TREASURY SE 4.125% 09/30/24 | 91282CFN6 | GOVERNMENT BONDS | 680,000.0000 | 677,954.69 | .14 | |
| US TREAS NTS 4.25% 10/15/25 | 91282CFP1 | GOVERNMENT BONDS | 430,000.0000 | 431,578.91 | .09 | |
| US TREAS NTS 4.375% 10/31/24 | 91282CFQ9 | GOVERNMENT BONDS | 430,000.0000 | 429,899.22 | .09 | |
| UNITEDHEALTH GRO 3.7% 05/15/27 | 91324PEG3 | CORPORATE BONDS | 30,000.0000 | 29,077.90 | .01 | |
| UNITEDHEALTH GR 5.15% 10/15/25 | 91324PEN8 | CORPORATE BONDS | 35,000.0000 | 35,556.57 | .01 | |
| UPHEALTH INC 6.25% 06/15/26 | 91532BAA9 | CORPORATE BONDS | 8,251,000.0000 | 2,454,672.50 | .50 | |
| UPST 2021-3 A 0.83% 03/20/24 | 91679LAA0 | ASSET BACKED | 111,422.4400 | 108,128.48 | .02 | |
| VCAT 2021-NPL4 A V/R 08/26/24 | 91823DAA3 | ASSET BACKED | 537,226.3300 | 482,479.05 | .10 | |
| VMC 2022-FL5 A V/R 02/18/39 | 91835BAA3 | ASSET BACKED | 150,000.0000 | 145,808.85 | .03 | |
| VOLT 2021-NPL1 A V/R 02/27/51 | 91835MAA9 | ASSET BACKED | 534,713.3200 | 473,440.47 | .10 | |
| VCC 2021-2 A V/R 03/25/28 | 92259MAA4 | ASSET BACKED | 1,136,728.5000 | 942,008.95 | .19 | |
| VCC 2021-2 M1 V/R 09/25/28 | 92259MAE6 | ASSET BACKED | 426,286.7700 | 341,004.61 | .07 | |
| VERIZON COMMUNICA V/R 05/15/25 | 92343VEP5 | CORPORATE BONDS | 150,000.0000 | 150,315.51 | .03 | |
| VERUS 2019-INV2 V/R 07/25/59 | 92537HAC5 | ASSET BACKED | 424,512.9300 | 408,272.47 | .08 | |
| VERUS 2020-2 A1 V/R 05/25/60 | 92537UAA0 | ASSET BACKED | 39,795.3100 | 38,106.76 | .01 | |
| VERUS 2021-R1 A2 V/R 10/25/63 | 92538BAB9 | ASSET BACKED | 253,152.4300 | 219,550.17 | .05 | |
| VERUS 2021-7 A1 V/R 10/25/66 | 92538QAA8 | ASSET BACKED | 576,455.5400 | 482,527.07 | .10 | |
| VSTA 2020-2 A1 V/R 10/25/25 | 92838TAA9 | ASSET BACKED | 114,158.9000 | 99,728.20 | .02 | |
| VOLT 2021-NPL8 A V/R 04/25/51 | 92872VAA1 | ASSET BACKED | 714,438.6600 | 630,605.57 | .13 | |
| VOLT 2021-NPL3 A V/R 01/25/24 | 92873AAA6 | ASSET BACKED | 338,624.0400 | 299,684.04 | .06 | |
| W & T OFFSHORE 9.75% 11/01/23 | 92922PAL0 | CORPORATE BONDS | 2,298,000.0000 | 2,273,296.50 | .47 | |
| ELEVANCE HEALTH 3.5% 08/15/24 | 94973VBJ5 | CORPORATE BONDS | 115,000.0000 | 112,522.41 | .02 | |
| WFCM 2015-NXS2 X V/R 07/15/58 | 94989MAH2 | ASSET BACKED | 4,530,749.6200 | 58,628.81 | .01 | |
| WFCM 2015-LC22 X V/R 09/15/58 | 94989TBC7 | ASSET BACKED | 2,269,315.7400 | 37,858.99 | .01 | |
| WELLS FARGO & COM V/R 06/02/24 | 95000U2R3 | CORPORATE BONDS | 155,000.0000 | 152,197.74 | .03 | |
| WFCM 2021-C60 2.042% 07/15/26 | 95003DBB3 | ASSET BACKED | 185,000.0000 | 164,802.98 | .03 | |
| WFCM 2021-SAVE A V/R 02/15/23 | 95003LAA8 | ASSET BACKED | 90,902.1800 | 84,831.01 | .02 | |
| WELLTOWER INC 3.625% 03/15/24 | 95040QAG9 | CORPORATE BONDS | 155,000.0000 | 151,848.58 | .03 | |
| ZIMMER BIOMET H 1.45% 11/22/24 | 98956PAU6 | CORPORATE BONDS | 135,000.0000 | 125,286.23 | .03 | |
| PERIAMA HOLDING 5.95% 04/19/26 | BM95XL1 | CORPORATE BONDS | 200,000.0000 | 184,704.00 | .04 | |
| T/L K & N ENGINEERING INC 0% 10/20/23 | LX155531 | LOAN | 7,805,856.9600 | 4,293,221.33 | .88 | |
| T/L DIEBOLD INC ZCP 11/06/23 | LX162899 | LOAN | 5,159,000.0000 | 3,610,474.56 | .74 | |
| T/L GO DADDY OPERA 0% 02/15/24 | LX169639 | LOAN | 8,713,062.0700 | 8,713,062.07 | 1.79 | |
| T/L FOGO DE CHAO I 0% 04/07/25 | LX176283 | LOAN | 1,704,000.0000 | 1,592,711.76 | .33 | |
| T/L GETTY IMAGES 0% 02/19/2026 | LX178592 | LOAN | 2,877,661.7700 | 2,854,640.48 | .59 | |
| T/L MONITRONICS 0% 04/29/24 | LX182627 | LOAN | 4,237,158.9800 | 2,782,415.19 | .57 | |
| T/L FIRST BRANDS 0% 3/30/2028 | LX193457 | LOAN | 1,184,000.0000 | 1,059,680.00 | .22 | |
| T/L CENGAGE 0% 07/14/2026 | LX195798 | LOAN | 3,275,484.5700 | 3,001,981.61 | .62 | |
| T/L MONEYGRAM INT 0% 07/21/26 | LX196365 | LOAN | 2,294,929.6800 | 2,270,557.53 | .47 | |
| T/L QUARTERNORTH 0% 8/27/2026 | LX197535 | LOAN | 8,190,229.9800 | 8,135,601.15 | 1.67 | |
| HUMANA INC DISC 01/11/2023 | 44486JNB1 | SHORT TERMS | 6,263,000.0000 | 6,230,119.25 | 1.28 | |
| US T BILL ZCP 03/23/23 | 912796U31 | SHORT TERMS | 440,000.0000 | 434,219.87 | .09 | |
| US T BILL ZCP 08/10/23 | 912796XY0 | SHORT TERMS | 720,000.0000 | 697,844.16 | .14 | |
| US T BILL ZCP 10/05/23 | 912796YJ2 | SHORT TERMS | 5,000,000.0000 | 4,808,141.65 | .99 | |
| GBP/USD FWD 20221215 000000010 USD | GBP | 1296003532 | FORWARD | -5,598,000.0000 | -6,751,476.21 | -1.39 |
| EUR/USD FWD 20221215 000000010 USD | EUR | 1295966632 | FORWARD | -21,540,000.0000 | -22,445,309.10 | -4.61 |
| NOK/USD FWD 20221215 000000010 USD | NOK | 1296004113 | FORWARD | -27,075,000.0000 | -2,751,345.72 | -.57 |
| SEK/USD FWD 20221215 000000010 USD | SEK | 1296004115 | FORWARD | -79,712,000.0000 | -7,599,931.20 | -1.56 |
| USD/EUR FWD 20221215 000000010 USD | USD | 1295966632 | FORWARD | 21,928,797.0000 | 21,928,797.00 | 4.51 |
| USD/GBP FWD 20221215 000000010 USD | USD | 1296003532 | FORWARD | 6,530,632.4000 | 6,530,632.40 | 1.34 |
| USD/NOK FWD 20221215 000000010 USD | USD | 1296004113 | FORWARD | 2,673,790.9800 | 2,673,790.98 | .55 |
| USD/SEK FWD 20221215 000000010 USD | USD | 1296004115 | FORWARD | 7,505,121.4500 | 7,505,121.45 | 1.54 |
As of 11/30/2022.
Distributions
| Fund Name | Fund Cusip | Distribution Type | Amount per Share | Ex Date | Reinvest Date | Reinvest Price | |
|---|---|---|---|---|---|---|---|
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.032546 | 11/29/2022 | 11/29/2022 | $9.39 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.034461 | 10/27/2022 | 10/27/2022 | $9.43 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.043109 | 9/29/2022 | 9/29/2022 | $9.41 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.035820 | 8/29/2022 | 8/29/2022 | $9.50 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.03613 | 7/28/2022 | 7/28/2022 | $9.54 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.03139 | 6/29/2022 | 6/29/2022 | $9.58 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.03899 | 5/26/2022 | 5/26/2022 | $9.68 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.027986 | 4/28/2022 | 4/28/2022 | $9.77 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.028074 | 3/30/2022 | 3/30/2022 | $9.86 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.136498 | 12/29/2021 | 12/29/2021 | $9.90 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Short-Term Capital Gains | 0.008508 | 12/16/2021 | 12/16/2021 | $10.02 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.029555 | 11/29/2021 | 11/29/2021 | $10.02 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.029379 | 10/28/2021 | 10/28/2021 | $10.05 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.038804 | 9/29/2021 | 9/29/2021 | $10.06 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.021925 | 8/30/2021 | 8/30/2021 | $9.93 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.022994 | 7/29/2021 | 7/29/2021 | $9.94 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.026602 | 6/29/2021 | 6/29/2021 | $9.94 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.021106 | 5/27/2021 | 5/27/2021 | $9.94 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.027588 | 4/29/2021 | 4/29/2021 | $9.95 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.026775 | 3/30/2021 | 3/30/2021 | $9.93 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.013122 | 2/25/2021 | 2/25/2021 | $9.91 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.058898 | 12/29/2020 | 12/29/2020 | $9.73 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.026682 | 11/25/2020 | 11/25/2020 | $9.69 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.026652 | 10/29/2020 | 10/29/2020 | $9.62 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.033587 | 9/29/2020 | 9/29/2020 | $9.67 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.030889 | 8/28/2020 | 8/28/2020 | $9.67 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.028171 | 7/30/2020 | 7/30/2020 | $9.64 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.033603 | 6/29/2020 | 6/29/2020 | $9.59 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.031312 | 5/28/2020 | 5/28/2020 | $9.48 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.036063 | 4/29/2020 | 4/29/2020 | $9.42 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.031234 | 3/30/2020 | 3/30/2020 | $9.33 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.033489 | 2/27/2020 | 2/27/2020 | $9.96 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.011602 | 1/30/2020 | 1/30/2020 | $10.00 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.044545 | 12/27/2019 | 12/27/2019 | $9.97 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.029459 | 11/26/2019 | 11/26/2019 | $9.97 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.027669 | 10/30/2019 | 10/30/2019 | $10.01 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.026539 | 9/26/2019 | 9/26/2019 | $10.03 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.030347 | 8/29/2019 | 8/29/2019 | $10.03 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.029546 | 7/30/2019 | 7/30/2019 | $10.05 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.033763 | 6/27/2019 | 6/27/2019 | $10.06 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.031607 | 5/30/2019 | 5/30/2019 | $10.05 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.030984 | 4/29/2019 | 4/29/2019 | $10.05 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.027524 | 3/28/2019 | 3/28/2019 | $10.03 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.027379 | 2/27/2019 | 2/27/2019 | $10.02 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.015903 | 1/30/2019 | 1/30/2019 | $10.01 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.041159 | 12/27/2018 | 12/27/2018 | $9.94 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.028913 | 11/29/2018 | 11/29/2018 | $10.00 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.028417 | 10/30/2018 | 10/30/2018 | $10.02 | |
| Destinations Low Duration Fixed Income Fund | 10964R814 | Dividend | 0.01846 | 9/27/2018 | 9/27/2018 | $10.05 |
Fees and expenses
| Type | Amount |
|---|---|
| Management Fees | 0.70% |
| Distribution and Service (12b-1) Fees | None |
| Other Expenses | 0.08% |
| AFFE | None |
| Total Annual Fund Operating Expenses | 0.78% |
| Fee waivers and expense reimbursements | 0.00% |
| Total Annual Fund Operating Expenses Less Fee Waivers and Expense Reimbursements | 0.78%* |
Individual Investor Contact Information
1-877-771-7979
Monday – Friday 8:30 am – 5:00 pm EST
1-877-771-7979
Monday – Friday 8:30 am – 5:00 pm EST
Or write to the Funds at:
Brinker Capital Destinations Funds
P.O. Box 2175
Milwaukee, WI 53201
Brinker Capital Destinations Funds
P.O. Box 2175
Milwaukee, WI 53201
Overnight/Certified Mail:
Brinker Capital Destinations Funds
235 W. Galena Street
Milwaukee, WI 53212
Brinker Capital Destinations Funds
235 W. Galena Street
Milwaukee, WI 53212
Investment Adviser
Brinker Capital Investments LLC
1055 Westlakes Drive, Suite 250
Berwyn, PA 19312
www.brinkercapital.com
Brinker Capital Investments LLC
1055 Westlakes Drive, Suite 250
Berwyn, PA 19312
www.brinkercapital.com
Distributor
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
www.foreside.com
Foreside Fund Services, LLC
Three Canal Plaza, Suite 100
Portland, ME 04101
www.foreside.com
Media Relations
marketingmembers@brinkercapital.com
marketingmembers@brinkercapital.com
Mutual fund investing involves risk. The value of your investment in a Fund could go down. Multi-investment management styles may lead to overlapping securities transactions and higher transaction expenses compared to single investment management styles. Outcomes depend on the skill of the sub-advisers and adviser and the allocation of assets amongst them, as well as market fluctuations and industry/economic trends etc.
Before investing you should consider the Destinations Funds’ investment objectives, risks, charges and expenses carefully. The prospectus contains this and other information about the Funds. You may obtain a copy of the prospectus by calling 1-877-771-7979. The prospectus should be read carefully before investing.
Any tax or legal information provided is not an exhaustive interpretation of some of the current income tax regulations. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Funds nor any of their representatives may give legal or tax advice.
The Destinations Funds are distributed by Foreside Fund Services, LLC.
