|
|
|
|
|
|
|
|
|
Corporate Bonds
|
|
Par
(000)
|
|
|
Value
|
|
Wireless Telecommunication Services (concluded)
|
|
Softbank Corp., 4.50%, 4/15/20 (a)
|
|
|
USD 2,265
|
|
|
$
|
2,191,387
|
|
Sprint Capital Corp., 6.88%, 11/15/28
|
|
|
1,310
|
|
|
|
1,205,200
|
|
Sprint Nextel Corp. (a):
|
|
|
|
|
|
|
|
|
9.00%, 11/15/18
|
|
|
5,290
|
|
|
|
6,268,650
|
|
7.00%, 3/01/20
|
|
|
9,302
|
|
|
|
10,139,180
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
80,147,150
|
|
Total Corporate Bonds 118.5%
|
|
|
|
1,899,495,926
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Preferred Securities
|
|
|
|
|
|
|
Capital Trusts
|
|
|
|
|
|
|
|
|
Capital Markets 3.5%
|
|
|
|
|
|
|
|
|
Ameriprise Financial, Inc.,
7.52%, 6/01/66 (b)(c)
|
|
|
3,000
|
|
|
|
3,307,500
|
|
The Bank of New York Mellon Corp., Series D, 4.50% (b)(e)
|
|
|
3,400
|
|
|
|
3,166,250
|
|
State Street Capital Trust IV,
1.27%, 6/01/67 (b)
|
|
|
60,845
|
|
|
|
49,892,900
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
56,366,650
|
|
Commercial Banks 2.9%
|
|
|
|
|
|
|
|
|
Barclays Bank PLC (a)(b)(e):
|
|
|
|
|
|
|
|
|
5.93%
|
|
|
2,125
|
|
|
|
2,151,563
|
|
7.43%
|
|
|
2,225
|
|
|
|
2,399,662
|
|
BNP Paribas SA, 7.20% (a)(b)(c)(e)
|
|
|
5,000
|
|
|
|
5,027,500
|
|
Credit Agricole SA, 8.38% (a)(b)(c)(e)
|
|
|
5,000
|
|
|
|
5,375,000
|
|
HSBC Capital Funding LP,
10.18% (a)(b)(c)(e)
|
|
|
11,835
|
|
|
|
17,042,400
|
|
M&T Capital Trust II, 8.28%, 6/01/27
|
|
|
4,540
|
|
|
|
4,630,800
|
|
Standard Chartered PLC,
7.01% (a)(b)(e)
|
|
|
5,000
|
|
|
|
5,100,000
|
|
Wells Fargo & Co., 5.85% (b)(e)
|
|
|
200
|
|
|
|
4,906,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
46,632,925
|
|
Diversified Financial Services 1.9%
|
|
|
|
|
|
General Electric Capital Corp., Series B,
6.25% (b)(c)(e)
|
|
|
9,100
|
|
|
|
9,464,000
|
|
JPMorgan Chase Capital XXI, Series U,
1.22%, 1/15/87 (b)
|
|
|
10,000
|
|
|
|
7,700,000
|
|
JPMorgan Chase Capital XXIII,
1.26%, 5/15/77 (b)(c)
|
|
|
17,745
|
|
|
|
13,663,650
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30,827,650
|
|
Electric Utilities 1.0%
|
|
|
|
|
|
|
|
|
Electricite de France SA,
5.25% (a)(b)(e)
|
|
|
7,430
|
|
|
|
7,104,938
|
|
PPL Capital Funding, Inc.,
6.70%, 3/30/67 (b)
|
|
|
8,300
|
|
|
|
8,632,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
15,736,938
|
|
|
|
|
Capital Trusts
|
|
|
|
|
|
|
Insurance 9.6%
|
|
|
|
|
|
|
|
|
ACE Capital Trust II, 9.70%, 4/01/30 (c)
|
|
|
7,000
|
|
|
|
10,010,000
|
|
The Allstate Corp., 6.50%, 5/15/67 (b)(c)
|
|
|
10,400
|
|
|
|
11,206,000
|
|
AXA SA (a)(b)(e):
|
|
|
|
|
|
|
|
|
6.38%
|
|
|
4,900
|
|
|
|
4,875,500
|
|
6.46%
|
|
|
6,000
|
|
|
|
5,985,000
|
|
Bank One Capital III, 8.75%, 9/01/30 (c)
|
|
|
2,000
|
|
|
|
2,632,552
|
|
The Chubb Corp., 6.38%, 3/29/67 (b)(c)
|
|
|
7,400
|
|
|
|
8,010,500
|
|
Great-West Life & Annuity Insurance Co.
Capital LP II, 7.15%, 5/16/46 (a)(b)(c)
|
|
|
500
|
|
|
|
517,500
|
|
Hartford Financial Services Group, Inc.,
8.13%, 6/15/68 (b)
|
|
|
3,500
|
|
|
|
3,990,000
|
|
Liberty Mutual Group, Inc., 10.75%, 6/15/88 (a)(b)
|
|
|
8,325
|
|
|
|
12,695,625
|
|
Lincoln National Corp., 7.00%, 5/17/66 (b)
|
|
|
9,005
|
|
|
|
9,275,150
|
|
MetLife, Inc., 6.40%, 12/15/66
|
|
|
9,775
|
|
|
|
10,166,000
|
|
Mitsui Sumitomo Insurance Co. Ltd.,
7.00%, 3/15/72 (a)(b)(c)
|
|
|
4,800
|
|
|
|
5,328,000
|
|
Nippon Life Insurance Co., 5.00%, 10/18/42 (a)(b)(c)
|
|
|
10,675
|
|
|
|
10,666,396
|
|
Northwestern Mutual Life Insurance Co.,
6.06%, 3/30/40 (a)(c)
|
|
|
12,000
|
|
|
|
13,606,524
|
|
Principal Life Insurance Co., 8.00%, 3/01/44 (a)(c)
|
|
|
2,500
|
|
|
|
2,644,422
|
|
Prudential Financial, Inc., 5.88%, 9/15/42 (b)
|
|
|
6,100
|
|
|
|
6,161,000
|
|
Prudential PLC, 6.50% (e)
|
|
|
6,000
|
|
|
|
6,022,500
|
|
Reinsurance Group of America, Inc.,
6.75%, 12/15/65 (b)
|
|
|
12,000
|
|
|
|
12,120,000
|
|
Sompo Japan Insurance, Inc., 5.33%, 3/28/73 (a)(b)
|
|
|
4,000
|
|
|
|
3,950,244
|
|
Swiss Re Capital I LP, 6.85% (a)(b)(e)
|
|
|
4,450
|
|
|
|
4,661,375
|
|
XL Group PLC, Series E, 6.50% (b)(e)
|
|
|
1,920
|
|
|
|
1,886,400
|
|
ZFS Finance USA Trust II, 6.45%, 12/15/65 (a)(b)(c)
|
|
|
6,800
|
|
|
|
7,242,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
153,652,688
|
|
Multi-Utilities 0.3%
|
|
|
|
|
|
|
|
|
Dominion Resources, Inc., 7.50%, 6/30/66 (b)
|
|
|
4,400
|
|
|
|
4,818,000
|
|
Oil, Gas & Consumable Fuels 1.4%
|
|
|
|
|
|
|
|
|
Enterprise Products Operating LLC,
7.00%, 6/01/67 (b)
|
|
|
2,500
|
|
|
|
2,631,250
|
|
Enterprise Products Operating LLC, Series A, 8.38%, 8/01/66 (b)
|
|
|
9,325
|
|
|
|
10,397,375
|
|
TransCanada PipeLines Ltd., 6.35%, 5/15/67 (b)
|
|
|
9,400
|
|
|
|
9,867,321
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22,895,946
|
|