|
Not FDIC or NCUA Insured
|
No Financial Institution Guarantee
|
May Lose Value
|
|
Asset-Backed Securities - Non-Agency 14.5%
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
ACHV ABS Trust(a)
|
||||
|
Series 2024-1PL Class A
|
||||
|
04/25/2031
|
5.900%
|
|
20,945
|
21,035
|
|
Series 2024-2PL Class A
|
||||
|
10/27/2031
|
5.070%
|
|
243,553
|
244,826
|
|
Subordinated Series 2024-1PL Class B
|
||||
|
04/25/2031
|
6.340%
|
|
46,761
|
47,291
|
|
ACM Auto Trust(a)
|
||||
|
Series 2024-2A Class A
|
||||
|
02/20/2029
|
6.060%
|
|
21,154
|
21,156
|
|
American Credit Acceptance Receivables Trust(a)
|
||||
|
Series 2022-4 Class D
|
||||
|
02/15/2029
|
8.000%
|
|
730,065
|
737,245
|
|
BMW Vehicle Lease Trust
|
||||
|
Series 2024-1 Class A4
|
||||
|
06/25/2027
|
5.000%
|
|
600,000
|
602,604
|
|
Carmax Auto Owner Trust
|
||||
|
Series 2023-3 Class A3
|
||||
|
05/15/2028
|
5.280%
|
|
2,343,606
|
2,357,705
|
|
Series 2025-1 Class A3
|
||||
|
01/15/2030
|
4.840%
|
|
1,250,000
|
1,269,155
|
|
Carmax Select Receivables Trust
|
||||
|
Series 2024-A Class A2A
|
||||
|
09/15/2027
|
5.780%
|
|
32,241
|
32,267
|
|
CNH Equipment Trust
|
||||
|
Series 2023-A Class A3
|
||||
|
08/15/2028
|
4.810%
|
|
1,676,556
|
1,684,759
|
|
Series 2024-C Class A2A
|
||||
|
02/18/2028
|
4.300%
|
|
208,141
|
208,317
|
|
DailyPay Securitization Trust(a)
|
||||
|
Series 2025-1A Class A
|
||||
|
06/25/2028
|
5.630%
|
|
225,000
|
226,550
|
|
Dell Equipment Finance Trust(a)
|
||||
|
Series 2023-3 Class A3
|
||||
|
04/23/2029
|
5.930%
|
|
504,841
|
506,843
|
|
Enterprise Fleet Financing LLC(a)
|
||||
|
Series 2024-1 Class A2
|
||||
|
03/20/2030
|
5.230%
|
|
906,802
|
913,281
|
|
FCCU Auto Receivables Trust(a)
|
||||
|
Series 2026-1A Class A2
|
||||
|
10/15/2029
|
4.370%
|
|
1,475,000
|
1,475,115
|
|
Ford Credit Auto Owner Trust(a)
|
||||
|
Series 2021-2 Class A
|
||||
|
05/15/2034
|
1.530%
|
|
2,900,000
|
2,853,122
|
|
Series 2022-1 Class A
|
||||
|
11/15/2034
|
3.880%
|
|
2,400,000
|
2,402,302
|
|
Asset-Backed Securities - Non-Agency (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Ford Credit Auto Owner Trust
|
||||
|
Series 2023-A Class A4
|
||||
|
12/15/2028
|
4.560%
|
|
2,500,000
|
2,515,482
|
|
Series 2024-C Class A2A
|
||||
|
08/15/2027
|
4.320%
|
|
113,361
|
113,438
|
|
GLS Auto Select Receivables Trust(a)
|
||||
|
Series 2024-2A Class A2
|
||||
|
06/17/2030
|
5.580%
|
|
878,648
|
887,524
|
|
GM Financial Automobile Leasing Trust
|
||||
|
Series 2024-1 Class A3
|
||||
|
03/22/2027
|
5.090%
|
|
239,146
|
239,439
|
|
GMF Floorplan Owner Revolving Trust(a)
|
||||
|
Series 2024-1A Class A1
|
||||
|
03/15/2029
|
5.130%
|
|
2,500,000
|
2,534,008
|
|
GreenSky Home Improvement Issuer Trust(a)
|
||||
|
Series 2024-2 Class A2
|
||||
|
10/27/2059
|
5.250%
|
|
53,343
|
53,507
|
|
Series 2025-1A Class A2
|
||||
|
03/25/2060
|
5.120%
|
|
182,524
|
183,518
|
|
Series 2025-2 Class A2
|
||||
|
06/25/2060
|
4.930%
|
|
143,551
|
144,842
|
|
Harley-Davidson Motorcycle Trust
|
||||
|
Series 2024-A Class A3
|
||||
|
03/15/2029
|
5.370%
|
|
4,004,361
|
4,048,553
|
|
Subordinated Series 2024-B Class A2
|
||||
|
08/16/2027
|
4.620%
|
|
4,524
|
4,525
|
|
Hyundai Auto Lease Securitization Trust(a)
|
||||
|
Series 2024-C Class A3
|
||||
|
04/17/2028
|
4.620%
|
|
1,900,000
|
1,909,783
|
|
Hyundai Auto Receivables Trust
|
||||
|
Series 2025-B Class A2A
|
||||
|
08/15/2028
|
4.450%
|
|
774,386
|
776,693
|
|
Kubota Credit Owner Trust(a)
|
||||
|
Series 2024-1A Class A3
|
||||
|
07/17/2028
|
5.190%
|
|
4,136,689
|
4,179,779
|
|
Series 2024-2A Class A2
|
||||
|
04/15/2027
|
5.450%
|
|
163,376
|
163,679
|
|
Series 2024-2A Class A3
|
||||
|
11/15/2028
|
5.260%
|
|
2,900,000
|
2,941,917
|
|
Marlette Funding Trust(a)
|
||||
|
Series 2025-1A Class A
|
||||
|
07/16/2035
|
4.750%
|
|
200,302
|
200,573
|
|
Mercedes-Benz Auto Receivables Trust
|
||||
|
Series 2023-2 Class A3
|
||||
|
11/15/2028
|
5.950%
|
|
370,579
|
375,138
|
|
Asset-Backed Securities - Non-Agency (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
NextGear Floorplan Master Owner Trust(a)
|
||||
|
Series 2023-1A Class A2
|
||||
|
03/15/2028
|
5.740%
|
|
2,325,000
|
2,326,376
|
|
Nissan Auto Receivables Owner Trust
|
||||
|
Series 2025-A Class A2A
|
||||
|
02/15/2028
|
4.500%
|
|
1,138,966
|
1,142,259
|
|
Nissan Master Owner Trust Receivables(a)
|
||||
|
Series 2024-B Class A
|
||||
|
02/15/2029
|
5.050%
|
|
2,898,000
|
2,928,208
|
|
Oportun Funding Trust(a)
|
||||
|
Series 2024-3 Class A
|
||||
|
08/15/2029
|
5.260%
|
|
470
|
470
|
|
Pagaya AI Debt Grantor Trust(a)
|
||||
|
Series 2024-11 Class A
|
||||
|
07/15/2032
|
5.092%
|
|
493,540
|
495,934
|
|
Series 2024-5 Class A
|
||||
|
10/15/2031
|
6.278%
|
|
78,420
|
78,763
|
|
Series 2024-6 Class A
|
||||
|
11/15/2031
|
6.093%
|
|
61,821
|
62,072
|
|
Series 2025-1 Class A2
|
||||
|
07/15/2032
|
5.156%
|
|
134,569
|
135,512
|
|
Pagaya AI Debt Selection Trust(a)
|
||||
|
Series 2024-7 Class A
|
||||
|
12/15/2031
|
6.117%
|
|
442,190
|
444,244
|
|
Subordinated Series 2024-7 Class B
|
||||
|
12/15/2031
|
6.574%
|
|
503,578
|
506,510
|
|
Pagaya AI Debt Trust(a)
|
||||
|
Series 2024-2 Class A
|
||||
|
08/15/2031
|
6.319%
|
|
204,144
|
204,922
|
|
Series 2024-3 Class A
|
||||
|
10/15/2031
|
6.258%
|
|
282,752
|
284,225
|
|
PEAC Solutions Receivables LLC(a)
|
||||
|
Series 2024-1A Class A2
|
||||
|
06/21/2027
|
5.790%
|
|
227,981
|
229,358
|
|
Series 2024-2A Class A2
|
||||
|
04/20/2027
|
4.740%
|
|
224,405
|
224,832
|
|
RCKT Trust(a)
|
||||
|
Series 2025-1A Class A
|
||||
|
07/25/2034
|
4.900%
|
|
573,737
|
574,788
|
|
Reach ABS Trust(a)
|
||||
|
Series 2024-2A Class A
|
||||
|
07/15/2031
|
5.880%
|
|
323,036
|
323,945
|
|
Series 2025-2A Class A
|
||||
|
08/18/2032
|
4.930%
|
|
429,874
|
432,063
|
|
Research-Driven Pagaya Motor Asset Trust(a)
|
||||
|
Series 2025-4A Class A2
|
||||
|
04/25/2034
|
5.124%
|
|
400,000
|
401,672
|
|
Asset-Backed Securities - Non-Agency (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Research-Driven Pagaya Motor Trust(a)
|
||||
|
Series 2024-1A Class A
|
||||
|
06/25/2032
|
7.090%
|
|
58,415
|
58,498
|
|
SBNA Auto Lease Trust(a)
|
||||
|
Series 2024-A Class A4
|
||||
|
01/22/2029
|
5.240%
|
|
4,215,000
|
4,224,821
|
|
SCF Equipment Leasing(a)
|
||||
|
Series 2024-1A Class A2
|
||||
|
11/20/2029
|
5.880%
|
|
100,393
|
100,677
|
|
SoFi Consumer Loan Program Trust(a)
|
||||
|
Series 2025-1 Class A
|
||||
|
02/27/2034
|
4.800%
|
|
218,688
|
219,369
|
|
Series 2025-2 Class A
|
||||
|
06/25/2034
|
4.820%
|
|
1,870,618
|
1,877,604
|
|
Series 2025-4 Class A
|
||||
|
08/25/2035
|
4.240%
|
|
1,117,595
|
1,119,562
|
|
Series 2026-1 Class A
|
||||
|
12/26/2035
|
4.060%
|
|
2,250,000
|
2,251,104
|
|
Toyota Auto Receivables Owner Trust
|
||||
|
Series 2023-A Class A3
|
||||
|
09/15/2027
|
4.630%
|
|
206,457
|
206,811
|
|
Upgrade Master Pass-Thru Trust(a)
|
||||
|
Series 2025-ST5 Class A
|
||||
|
09/15/2032
|
4.794%
|
|
727,676
|
729,484
|
|
Upgrade Master Pass-Thru Trust Series(a)
|
||||
|
Series 2025-ST8 Class A
|
||||
|
12/15/2033
|
4.618%
|
|
1,687,895
|
1,691,368
|
|
Upstart Securitization Trust(a)
|
||||
|
Series 2024-1 Class A
|
||||
|
11/20/2034
|
5.330%
|
|
42,415
|
42,503
|
|
Series 2025-3 Class A2
|
||||
|
09/20/2035
|
4.600%
|
|
775,808
|
776,691
|
|
World Omni Auto Receivables Trust
|
||||
|
Series 2024-A Class A3
|
||||
|
03/15/2029
|
4.860%
|
|
265,040
|
266,868
|
|
Series 2024-B Class A3
|
||||
|
09/17/2029
|
5.270%
|
|
1,165,258
|
1,177,006
|
|
Total Asset-Backed Securities — Non-Agency
(Cost $62,317,019)
|
62,414,490
|
|||
|
|
||||
|
Commercial Mortgage-Backed Securities - Non-Agency 3.8%
|
||||
|
|
|
|
|
|
|
BANK
|
||||
|
Series 2017-BNK5 Class A4
|
||||
|
06/15/2060
|
3.131%
|
|
1,411,928
|
1,397,107
|
|
Series 2019-BNK18 Class ASB
|
||||
|
05/15/2062
|
3.432%
|
|
2,450,448
|
2,431,293
|
|
Commercial Mortgage-Backed Securities - Non-Agency (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
BBCMS Mortgage Trust
|
||||
|
Series 2018-C2 Class ASB
|
||||
|
12/15/2051
|
4.236%
|
|
1,225,993
|
1,226,956
|
|
CD Mortgage Trust
|
||||
|
Series 2017-CD4 Class ASB
|
||||
|
05/10/2050
|
3.317%
|
|
513,704
|
511,112
|
|
Series 2017-CD6 Class ASB
|
||||
|
11/13/2050
|
3.332%
|
|
351,340
|
348,912
|
|
CFCRE Commercial Mortgage Trust
|
||||
|
Series 2017-C8 Class ASB
|
||||
|
06/15/2050
|
3.367%
|
|
140,707
|
140,224
|
|
Citigroup Commercial Mortgage Trust
|
||||
|
Series 2016-C1 Class A3
|
||||
|
05/10/2049
|
2.944%
|
|
24,434
|
24,375
|
|
Series 2016-P6 Class A4
|
||||
|
12/10/2049
|
3.458%
|
|
1,418,894
|
1,412,511
|
|
CSAIL Commercial Mortgage Trust
|
||||
|
Series 2019-C18 Class ASB
|
||||
|
12/15/2052
|
2.868%
|
|
865,095
|
847,913
|
|
DBJPM Mortgage Trust
|
||||
|
Series 2016-C3 Class A5
|
||||
|
08/10/2049
|
2.890%
|
|
725,000
|
721,130
|
|
GS Mortgage Securities Corp. II(a),(b)
|
||||
|
Series 2023-SHIP Class A
|
||||
|
09/10/2038
|
4.322%
|
|
2,425,000
|
2,421,285
|
|
GS Mortgage Securities Trust
|
||||
|
Series 2016-GS4 Class A3
|
||||
|
11/10/2049
|
3.178%
|
|
735,559
|
731,920
|
|
JPMDB Commercial Mortgage Securities Trust
|
||||
|
Series 2016-C4 Class A2
|
||||
|
12/15/2049
|
2.882%
|
|
899,109
|
890,004
|
|
Tricon American Homes(a)
|
||||
|
Series 2020-SFR1 Class A
|
||||
|
07/17/2038
|
1.499%
|
|
1,360,915
|
1,345,711
|
|
UBS Commercial Mortgage Trust
|
||||
|
Series 2017-C3 Class ASB
|
||||
|
08/15/2050
|
3.215%
|
|
1,023,575
|
1,016,290
|
|
Wells Fargo Commercial Mortgage Trust
|
||||
|
Series 2016-BNK1 Class A2
|
||||
|
08/15/2049
|
2.399%
|
|
87,439
|
86,975
|
|
Series 2016-C36 Class A3
|
||||
|
11/15/2059
|
2.807%
|
|
672,360
|
667,388
|
|
Series 2018-C45 Class ASB
|
||||
|
06/15/2051
|
4.147%
|
|
300,775
|
300,785
|
|
Total Commercial Mortgage-Backed Securities - Non-Agency
(Cost $16,413,319)
|
16,521,891
|
|||
|
|
||||
|
Corporate Bonds & Notes 23.1%
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Aerospace & Defense 1.0%
|
||||
|
BAE Systems PLC(a)
|
||||
|
03/26/2027
|
5.000%
|
|
1,025,000
|
1,036,220
|
|
Boeing Co. (The)
|
||||
|
02/01/2027
|
2.700%
|
|
1,100,000
|
1,088,106
|
|
Harris Corp.
|
||||
|
06/15/2028
|
4.400%
|
|
1,100,000
|
1,109,754
|
|
Raytheon Technologies Corp.
|
||||
|
03/15/2027
|
3.500%
|
|
1,050,000
|
1,046,913
|
|
Total
|
4,280,993
|
|||
|
Automotive 0.3%
|
||||
|
Toyota Motor Credit Corp.(c)
|
||||
|
SOFR + 0.450%
01/12/2028
|
4.120%
|
|
1,050,000
|
1,050,157
|
|
Banking 6.8%
|
||||
|
Bank of America Corp.(c)
|
||||
|
SOFR + 1.110%
05/09/2029
|
4.780%
|
|
2,200,000
|
2,219,000
|
|
Bank of Montreal(d)
|
||||
|
09/10/2027
|
4.567%
|
|
1,050,000
|
1,053,630
|
|
Bank of New York Mellon Corp. (The)(c)
|
||||
|
SOFR + 0.680%
06/09/2028
|
4.350%
|
|
1,250,000
|
1,253,096
|
|
Bank of Nova Scotia (The)(c)
|
||||
|
SOFR + 0.760%
09/15/2028
|
4.430%
|
|
1,250,000
|
1,251,630
|
|
Canadian Imperial Bank of Commerce(d)
|
||||
|
09/08/2028
|
4.243%
|
|
1,050,000
|
1,054,990
|
|
Citigroup, Inc.(d)
|
||||
|
06/09/2027
|
1.462%
|
|
2,000,000
|
1,986,067
|
|
Cooperatieve Rabobank UA(c)
|
||||
|
SOFR + 0.410%
01/14/2028
|
4.080%
|
|
1,300,000
|
1,301,128
|
|
Goldman Sachs Group, Inc. (The)(d)
|
||||
|
01/21/2029
|
4.148%
|
|
2,025,000
|
2,025,592
|
|
HSBC Holdings PLC(d)
|
||||
|
03/13/2028
|
4.041%
|
|
1,365,000
|
1,365,439
|
|
JPMorgan Chase & Co.(d)
|
||||
|
04/22/2028
|
5.571%
|
|
2,100,000
|
2,136,187
|
|
Morgan Stanley(d)
|
||||
|
07/20/2027
|
1.512%
|
|
2,075,000
|
2,055,966
|
|
PNC Financial Services Group, Inc. (The)(d)
|
||||
|
07/23/2027
|
5.102%
|
|
1,100,000
|
1,104,568
|
|
Corporate Bonds & Notes (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Royal Bank of Canada(c)
|
||||
|
SOFR + 0.790%
07/23/2027
|
4.460%
|
|
1,100,000
|
1,101,818
|
|
Skandinaviska Enskilda Banken AB(a)
|
||||
|
03/05/2027
|
5.125%
|
|
1,000,000
|
1,013,812
|
|
State Street Corp.(d)
|
||||
|
04/24/2028
|
4.543%
|
|
1,025,000
|
1,032,421
|
|
Toronto-Dominion Bank (The)(c)
|
||||
|
SOFR + 0.580%
01/13/2028
|
4.250%
|
|
1,050,000
|
1,050,901
|
|
Truist Bank(d)
|
||||
|
01/27/2029
|
4.144%
|
|
1,000,000
|
1,001,958
|
|
UBS Group AG(a),(d)
|
||||
|
05/12/2028
|
4.751%
|
|
1,025,000
|
1,033,238
|
|
US Bank NA(c)
|
||||
|
SOFR + 0.910%
05/15/2028
|
4.580%
|
|
925,000
|
928,718
|
|
Wells Fargo & Co.(d)
|
||||
|
01/24/2028
|
4.900%
|
|
1,850,000
|
1,864,428
|
|
Westpac Banking Corp.(c)
|
||||
|
SOFR + 0.460%
10/20/2026
|
4.130%
|
|
1,200,000
|
1,201,157
|
|
Total
|
29,035,744
|
|||
|
Cable and Satellite 0.5%
|
||||
|
Charter Communications Operating LLC/Capital
|
||||
|
03/15/2028
|
4.200%
|
|
1,075,000
|
1,073,724
|
|
Comcast Corp.
|
||||
|
01/15/2027
|
2.350%
|
|
1,100,000
|
1,086,180
|
|
Total
|
2,159,904
|
|||
|
Chemicals 0.3%
|
||||
|
LYB International Finance II BV
|
||||
|
03/02/2027
|
3.500%
|
|
1,050,000
|
1,043,976
|
|
Construction Machinery 0.5%
|
||||
|
Caterpillar Financial Services Corp.(c)
|
||||
|
SOFR + 0.400%
01/10/2028
|
4.070%
|
|
1,300,000
|
1,299,866
|
|
John Deere Capital Corp.
|
||||
|
03/06/2026
|
4.950%
|
|
1,000,000
|
1,000,163
|
|
Total
|
2,300,029
|
|||
|
Diversified Manufacturing 0.5%
|
||||
|
Carrier Global Corp.
|
||||
|
02/15/2027
|
2.493%
|
|
1,050,000
|
1,036,873
|
|
Corporate Bonds & Notes (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Siemens Financieringsmaatschappij NV(a)
|
||||
|
03/16/2027
|
3.400%
|
|
950,000
|
947,080
|
|
Total
|
1,983,953
|
|||
|
Electric 2.1%
|
||||
|
Dominion Energy, Inc.
|
||||
|
05/15/2028
|
4.600%
|
|
1,050,000
|
1,064,810
|
|
DTE Energy Co.
|
||||
|
06/01/2028
|
4.875%
|
|
1,025,000
|
1,044,790
|
|
Duke Energy Corp.
|
||||
|
08/15/2027
|
3.150%
|
|
1,000,000
|
989,600
|
|
Eversource Energy
|
||||
|
03/01/2027
|
2.900%
|
|
1,050,000
|
1,039,071
|
|
Georgia Power Co.(c)
|
||||
|
SOFR + 0.280%
09/15/2026
|
3.950%
|
|
1,000,000
|
1,000,384
|
|
NextEra Energy Capital Holdings, Inc.
|
||||
|
09/01/2027
|
4.685%
|
|
1,000,000
|
1,011,413
|
|
Public Service Enterprise Group, Inc.
|
||||
|
11/15/2027
|
5.850%
|
|
1,000,000
|
1,030,967
|
|
WEC Energy Group, Inc.
|
||||
|
01/15/2028
|
4.750%
|
|
1,000,000
|
1,015,631
|
|
Xcel Energy, Inc.
|
||||
|
03/21/2028
|
4.750%
|
|
1,000,000
|
1,015,372
|
|
Total
|
9,212,038
|
|||
|
Food and Beverage 1.3%
|
||||
|
Bacardi Ltd.(a)
|
||||
|
05/15/2028
|
4.700%
|
|
1,060,000
|
1,069,213
|
|
Diageo Capital PLC
|
||||
|
10/05/2026
|
5.375%
|
|
1,000,000
|
1,007,242
|
|
Kraft Heinz Foods Co.
|
||||
|
05/15/2027
|
3.875%
|
|
1,050,000
|
1,048,007
|
|
Mars, Inc.(a)
|
||||
|
03/01/2027
|
4.450%
|
|
1,000,000
|
1,008,312
|
|
Mondelez International, Inc.
|
||||
|
03/17/2027
|
2.625%
|
|
1,050,000
|
1,036,948
|
|
PepsiCo, Inc.
|
||||
|
01/15/2029
|
4.100%
|
|
500,000
|
505,281
|
|
Total
|
5,675,003
|
|||
|
Health Care 1.2%
|
||||
|
Becton Dickinson and Co.
|
||||
|
06/06/2027
|
3.700%
|
|
1,050,000
|
1,046,406
|
|
Cigna Corp.
|
||||
|
03/01/2027
|
3.400%
|
|
1,050,000
|
1,045,119
|
|
Corporate Bonds & Notes (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
CVS Health Corp.
|
||||
|
03/25/2028
|
4.300%
|
|
1,050,000
|
1,055,978
|
|
GE HealthCare Technologies, Inc.
|
||||
|
11/15/2027
|
5.650%
|
|
1,050,000
|
1,078,788
|
|
HCA, Inc.
|
||||
|
03/15/2027
|
3.125%
|
|
1,050,000
|
1,041,097
|
|
Total
|
5,267,388
|
|||
|
Healthcare Insurance 0.5%
|
||||
|
Anthem, Inc.
|
||||
|
03/01/2028
|
4.101%
|
|
1,050,000
|
1,052,338
|
|
UnitedHealth Group, Inc.
|
||||
|
06/15/2028
|
4.400%
|
|
1,050,000
|
1,062,399
|
|
Total
|
2,114,737
|
|||
|
Independent Energy 0.2%
|
||||
|
Woodside Finance Ltd.(a)
|
||||
|
03/15/2028
|
3.700%
|
|
1,050,000
|
1,042,623
|
|
Integrated Energy 0.2%
|
||||
|
BP Capital Markets PLC
|
||||
|
09/19/2027
|
3.279%
|
|
1,000,000
|
994,215
|
|
Life Insurance 0.8%
|
||||
|
Corebridge Global Funding(a)
|
||||
|
08/20/2027
|
4.650%
|
|
1,000,000
|
1,008,291
|
|
Met Tower Global Funding(a)
|
||||
|
01/14/2028
|
4.800%
|
|
1,050,000
|
1,066,648
|
|
Pricoa Global Funding I(a)
|
||||
|
08/27/2027
|
4.400%
|
|
1,000,000
|
1,009,188
|
|
Principal Life Global Funding II(a)
|
||||
|
08/18/2028
|
4.250%
|
|
432,000
|
433,521
|
|
Total
|
3,517,648
|
|||
|
Midstream 1.9%
|
||||
|
Enbridge, Inc.
|
||||
|
11/20/2028
|
4.200%
|
|
1,100,000
|
1,106,224
|
|
Energy Transfer Operating LP
|
||||
|
06/15/2028
|
4.950%
|
|
1,000,000
|
1,019,640
|
|
Enterprise Products Operating LLC
|
||||
|
06/20/2028
|
4.300%
|
|
1,000,000
|
1,010,404
|
|
Kinder Morgan, Inc.
|
||||
|
11/15/2026
|
1.750%
|
|
1,000,000
|
985,123
|
|
MPLX LP
|
||||
|
03/15/2028
|
4.000%
|
|
1,050,000
|
1,050,511
|
|
Plains All American Pipeline LP/Finance Corp.
|
||||
|
12/15/2026
|
4.500%
|
|
1,000,000
|
1,003,018
|
|
Corporate Bonds & Notes (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Western Midstream Operating LP
|
||||
|
01/15/2029
|
6.350%
|
|
1,000,000
|
1,056,365
|
|
Williams Companies, Inc. (The)
|
||||
|
06/15/2027
|
3.750%
|
|
1,050,000
|
1,047,644
|
|
Total
|
8,278,929
|
|||
|
Natural Gas 0.5%
|
||||
|
CenterPoint Energy Resources Corp.
|
||||
|
03/01/2028
|
5.250%
|
|
1,000,000
|
1,026,394
|
|
NiSource, Inc.
|
||||
|
03/30/2028
|
5.250%
|
|
1,000,000
|
1,024,942
|
|
Total
|
2,051,336
|
|||
|
Pharmaceuticals 1.4%
|
||||
|
AbbVie, Inc.(c),(e)
|
||||
|
SOFR + 0.480%
03/03/2028
|
4.150%
|
|
1,100,000
|
1,102,155
|
|
Amgen, Inc.
|
||||
|
03/02/2028
|
5.150%
|
|
1,000,000
|
1,024,017
|
|
AstraZeneca Finance LLC
|
||||
|
05/28/2028
|
1.750%
|
|
1,000,000
|
957,359
|
|
Bristol Myers Squibb Co.
|
||||
|
02/20/2028
|
3.900%
|
|
700,000
|
702,997
|
|
Gilead Sciences, Inc.
|
||||
|
03/01/2026
|
3.650%
|
|
775,000
|
774,978
|
|
10/01/2027
|
1.200%
|
|
307,000
|
295,289
|
|
Pfizer, Inc.
|
||||
|
11/15/2027
|
3.875%
|
|
1,050,000
|
1,054,823
|
|
Total
|
5,911,618
|
|||
|
Property & Casualty 0.4%
|
||||
|
Chubb INA Holdings, Inc.
|
||||
|
05/03/2026
|
3.350%
|
|
1,000,000
|
998,739
|
|
Loews Corp.
|
||||
|
04/01/2026
|
3.750%
|
|
550,000
|
549,794
|
|
Total
|
1,548,533
|
|||
|
Railroads 0.3%
|
||||
|
Norfolk Southern Corp.
|
||||
|
06/01/2027
|
3.150%
|
|
250,000
|
247,913
|
|
Union Pacific Corp.
|
||||
|
02/05/2027
|
2.150%
|
|
1,000,000
|
985,326
|
|
Total
|
1,233,239
|
|||
|
Retailers 0.2%
|
||||
|
Home Depot, Inc. (The)
|
||||
|
06/25/2026
|
5.150%
|
|
1,000,000
|
1,003,606
|
|
Corporate Bonds & Notes (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Technology 1.0%
|
||||
|
Broadcom Corp./Cayman Finance Ltd.
|
||||
|
01/15/2028
|
3.500%
|
|
1,075,000
|
1,070,398
|
|
NXP BV/Funding LLC/USA, Inc.
|
||||
|
06/01/2027
|
4.400%
|
|
1,050,000
|
1,055,280
|
|
Oracle Corp.
|
||||
|
02/04/2029
|
4.550%
|
|
1,175,000
|
1,176,770
|
|
Synopsys, Inc.
|
||||
|
04/01/2027
|
4.550%
|
|
1,050,000
|
1,057,979
|
|
Total
|
4,360,427
|
|||
|
Transportation Services 0.2%
|
||||
|
ERAC USA Finance LLC(a)
|
||||
|
05/01/2028
|
4.600%
|
|
1,000,000
|
1,015,118
|
|
Wireless 0.5%
|
||||
|
American Tower Corp.
|
||||
|
07/15/2027
|
3.550%
|
|
1,075,000
|
1,068,972
|
|
T-Mobile US, Inc.
|
||||
|
04/15/2027
|
3.750%
|
|
1,050,000
|
1,048,734
|
|
Total
|
2,117,706
|
|||
|
Wirelines 0.5%
|
||||
|
AT&T, Inc.
|
||||
|
02/15/2028
|
4.100%
|
|
1,100,000
|
1,103,246
|
|
Verizon Communications, Inc.
|
||||
|
03/22/2028
|
2.100%
|
|
1,100,000
|
1,062,232
|
|
Total
|
2,165,478
|
|||
|
Total Corporate Bonds & Notes
(Cost $99,029,947)
|
99,364,398
|
|||
|
|
||||
|
Foreign Government Obligations(f) 0.5%
|
||||
|
|
|
|
|
|
|
Canada 0.5%
|
||||
|
Province of Ontario Canada
|
||||
|
05/21/2027
|
1.050%
|
|
1,100,000
|
1,067,780
|
|
Province of Quebec
|
||||
|
04/20/2026
|
2.500%
|
|
1,050,000
|
1,047,956
|
|
Total
|
2,115,736
|
|||
|
Total Foreign Government Obligations
(Cost $2,113,304)
|
2,115,736
|
|||
|
|
||||
|
Residential Mortgage-Backed Securities - Non-Agency 5.7%
|
||||
|
|
|
|
|
|
|
A&D Mortgage Trust(a),(d)
|
||||
|
CMO Series 2023-NQM2 Class A1
|
||||
|
05/25/2068
|
6.132%
|
|
636,125
|
635,508
|
|
Residential Mortgage-Backed Securities - Non-Agency (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
BRAVO Residential Funding Trust(a),(d)
|
||||
|
CMO Series 2024-NQM6 Class A1
|
||||
|
08/01/2064
|
5.409%
|
|
533,079
|
536,059
|
|
BRAVO Residential Funding Trust(a),(c)
|
||||
|
CMO Series 2025-HE1 Class A1
|
||||
|
30-day Average SOFR + 1.350%
09/25/2072
|
5.017%
|
|
2,799,614
|
2,805,694
|
|
COLT Mortgage Loan Trust(a),(d)
|
||||
|
CMO Series 2024-6 Class A1
|
||||
|
11/25/2069
|
5.390%
|
|
2,262,207
|
2,277,542
|
|
Connecticut Avenue Securities Trust(a),(c)
|
||||
|
CMO Series 2022-R05 Class 2M1
|
||||
|
30-day Average SOFR + 1.900%
04/25/2042
|
5.567%
|
|
52,493
|
52,579
|
|
Cross Mortgage Trust(a),(b)
|
||||
|
CMO Series 2024-H7 Class A1
|
||||
|
11/25/2069
|
5.585%
|
|
2,185,175
|
2,205,184
|
|
Homes Trust(a),(b)
|
||||
|
CMO Series 2025-NQM3 Class A1
|
||||
|
02/25/2070
|
5.630%
|
|
1,273,162
|
1,289,923
|
|
Homeward Opportunities Fund Trust(a),(d)
|
||||
|
CMO Series 2025-RRTL2 Class A1
|
||||
|
09/25/2040
|
5.237%
|
|
1,650,000
|
1,655,435
|
|
JP Morgan Mortgage Trust(a),(c)
|
||||
|
CMO Series 2024-HE3 Class A1
|
||||
|
30-day Average SOFR + 1.200%
02/25/2055
|
4.903%
|
|
494,034
|
494,699
|
|
OBX Trust(a),(b)
|
||||
|
CMO Series 2024-NQ17 Class A1
|
||||
|
11/25/2064
|
5.610%
|
|
860,844
|
869,066
|
|
PRET LLC(a),(d)
|
||||
|
CMO Series 2025-NPL4 Class A1
|
||||
|
04/25/2055
|
6.368%
|
|
172,430
|
172,708
|
|
CMO Series 2025-NPL7 Class A1
|
||||
|
07/25/2055
|
5.657%
|
|
551,242
|
552,043
|
|
CMO Series 2025-NPL8 Class A1
|
||||
|
08/25/2055
|
5.732%
|
|
1,089,146
|
1,091,039
|
|
Pretium Mortgage Credit Partners(a),(d)
|
||||
|
Series 2025-NPL2 Class A1
|
||||
|
03/25/2055
|
5.835%
|
|
1,434,038
|
1,434,554
|
|
PRPM LLC(a),(d)
|
||||
|
CMO Series 2024-8 Class A1
|
||||
|
12/25/2029
|
5.897%
|
|
694,237
|
694,565
|
|
RCO VIII Mortgage LLC(a),(d)
|
||||
|
CMO Series 2025-3 Class A1
|
||||
|
05/25/2030
|
6.435%
|
|
241,244
|
241,580
|
|
RCO X Mortgage LLC(a),(d)
|
||||
|
CMO Series 2025-1 Class A1
|
||||
|
01/25/2030
|
5.875%
|
|
605,349
|
605,507
|
|
Residential Mortgage-Backed Securities - Non-Agency (continued)
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Towd Point Mortgage Trust(a),(b)
|
||||
|
CMO Series 2021-SJ2 Class A1A
|
||||
|
12/25/2061
|
2.250%
|
|
293,696
|
287,166
|
|
VCAT LLC(a),(d)
|
||||
|
CMO Series 2025-NPL2 Class A1
|
||||
|
09/25/2054
|
5.977%
|
|
1,433,491
|
1,451,858
|
|
VCAT LLC(a),(d),(e)
|
||||
|
CMO Series 2026-NPL2 Class A1
|
||||
|
02/25/2056
|
4.987%
|
|
1,650,000
|
1,649,998
|
|
Verus Securitization Trust(a),(d)
|
||||
|
CMO Series 2024-1 Class A1
|
||||
|
01/25/2069
|
5.712%
|
|
2,220,215
|
2,230,346
|
|
Series 2025-10 Class A1FC
|
||||
|
06/25/2070
|
5.017%
|
|
1,108,845
|
1,113,903
|
|
Total Residential Mortgage-Backed Securities - Non-Agency
(Cost $24,300,241)
|
24,346,956
|
|||
|
|
||||
|
Treasury Bills 0.5%
|
||||
|
Issuer
|
Yield
|
|
Principal
Amount
($)
|
Value ($)
|
|
United States 0.5%
|
||||
|
U.S. Treasury Bills
|
||||
|
03/31/2026
|
3.680%
|
|
2,125,000
|
2,118,160
|
|
Total Treasury Bills
(Cost $2,118,289)
|
2,118,160
|
|||
|
|
||||
|
U.S. Government & Agency Obligations 0.5%
|
||||
|
Issuer
|
Coupon
Rate
|
|
Principal
Amount
($)
|
Value ($)
|
|
Federal Farm Credit Banks Funding Corp.(c)
|
||||
|
SOFR + 0.115%
02/10/2027
|
3.785%
|
|
225,000
|
225,159
|
|
Federal Farm Credit Banks Funding Corp.
|
||||
|
08/27/2027
|
3.625%
|
|
750,000
|
751,695
|
|
11/10/2027
|
3.500%
|
|
475,000
|
475,340
|
|
Federal Home Loan Banks
|
||||
|
03/12/2027
|
4.500%
|
|
350,000
|
353,368
|
|
Federal National Mortgage Association
|
||||
|
09/24/2026
|
1.875%
|
|
275,000
|
272,300
|
|
Total U.S. Government & Agency Obligations
(Cost $2,074,368)
|
2,077,862
|
|||
|
Money Market Funds 50.9%
|
||
|
|
Shares
|
Value ($)
|
|
Columbia Short-Term Cash Fund, 3.777%(g),(h)
|
218,897,386
|
218,853,606
|
|
Total Money Market Funds
(Cost $218,838,257)
|
218,853,606
|
|
|
Total Investments in Securities
(Cost: $427,204,744)
|
427,813,099
|
|
|
Other Assets & Liabilities, Net
|
|
2,115,796
|
|
Net Assets
|
429,928,895
|
|
|
Long futures contracts
|
||||||
|
Description
|
Number of
contracts
|
Expiration
date
|
Trading
currency
|
Notional
amount
|
Value/Unrealized
appreciation ($)
|
Value/Unrealized
depreciation ($)
|
|
Brent Crude
|
395
|
03/2026
|
USD
|
28,783,650
|
2,466,102
|
—
|
|
Brent Crude
|
67
|
05/2026
|
USD
|
4,797,870
|
646,787
|
—
|
|
Brent Crude
|
68
|
07/2026
|
USD
|
4,773,600
|
529,440
|
—
|
|
Brent Crude
|
139
|
09/2026
|
USD
|
9,603,510
|
567,853
|
—
|
|
Cocoa
|
51
|
05/2026
|
USD
|
1,472,880
|
—
|
(519,892
)
|
|
Cocoa
|
20
|
07/2026
|
USD
|
588,400
|
—
|
(316,462
)
|
|
Cocoa
|
39
|
09/2026
|
USD
|
1,171,560
|
—
|
(602,352
)
|
|
Cocoa
|
19
|
12/2026
|
USD
|
588,620
|
—
|
(168,393
)
|
|
Coffee
|
123
|
05/2026
|
USD
|
12,949,594
|
—
|
(444,953
)
|
|
Coffee
|
11
|
07/2026
|
USD
|
1,138,088
|
—
|
(229,274
)
|
|
Coffee
|
22
|
09/2026
|
USD
|
2,239,050
|
—
|
(431,292
)
|
|
Coffee
|
11
|
12/2026
|
USD
|
1,100,963
|
—
|
(48,890
)
|
|
Copper
|
63
|
05/2026
|
USD
|
9,543,713
|
343,894
|
—
|
|
Copper
|
21
|
07/2026
|
USD
|
3,211,950
|
95,720
|
—
|
|
Long futures contracts (continued)
|
||||||
|
Description
|
Number of
contracts
|
Expiration
date
|
Trading
currency
|
Notional
amount
|
Value/Unrealized
appreciation ($)
|
Value/Unrealized
depreciation ($)
|
|
Copper
|
41
|
09/2026
|
USD
|
6,330,400
|
63,426
|
—
|
|
Copper
|
20
|
12/2026
|
USD
|
3,129,000
|
56,142
|
—
|
|
Corn
|
562
|
05/2026
|
USD
|
12,602,850
|
256,645
|
—
|
|
Corn
|
118
|
07/2026
|
USD
|
2,690,400
|
25,314
|
—
|
|
Corn
|
237
|
09/2026
|
USD
|
5,400,638
|
126,467
|
—
|
|
Corn
|
115
|
12/2026
|
USD
|
2,699,625
|
54,727
|
—
|
|
Cotton
|
15
|
07/2026
|
USD
|
504,900
|
11,284
|
—
|
|
Cotton
|
44
|
12/2026
|
USD
|
1,533,400
|
34,797
|
—
|
|
Feeder Cattle
|
36
|
05/2026
|
USD
|
6,249,600
|
—
|
(226,461
)
|
|
Gas Oil
|
116
|
05/2026
|
USD
|
8,439,000
|
737,871
|
—
|
|
Gas Oil
|
22
|
07/2026
|
USD
|
1,549,900
|
133,144
|
—
|
|
Gas Oil
|
44
|
09/2026
|
USD
|
3,049,200
|
214,203
|
—
|
|
Gas Oil
|
22
|
11/2026
|
USD
|
1,502,600
|
61,810
|
—
|
|
Gold 100 oz.
|
130
|
04/2026
|
USD
|
68,222,700
|
7,234,134
|
—
|
|
Hard Red Winter Wheat
|
13
|
07/2026
|
USD
|
385,775
|
24,115
|
—
|
|
Hard Red Winter Wheat
|
24
|
09/2026
|
USD
|
729,600
|
43,585
|
—
|
|
Hard Red Winter Wheat
|
12
|
12/2026
|
USD
|
377,400
|
12,744
|
—
|
|
Lead
|
108
|
05/2026
|
USD
|
5,288,409
|
—
|
(20,608
)
|
|
Lead
|
10
|
07/2026
|
USD
|
495,695
|
—
|
(1,800
)
|
|
Lead
|
19
|
09/2026
|
USD
|
954,171
|
—
|
(6,526
)
|
|
Lead
|
9
|
11/2026
|
USD
|
457,481
|
—
|
(2,818
)
|
|
Lean Hogs
|
248
|
04/2026
|
USD
|
9,495,920
|
322,850
|
—
|
|
Lean Hogs
|
23
|
06/2026
|
USD
|
1,007,860
|
10,394
|
—
|
|
Lean Hogs
|
22
|
08/2026
|
USD
|
973,060
|
17,324
|
—
|
|
Lean Hogs
|
53
|
10/2026
|
USD
|
1,969,480
|
27,849
|
—
|
|
Live Cattle
|
60
|
04/2026
|
USD
|
5,573,400
|
—
|
(192,056
)
|
|
Live Cattle
|
9
|
06/2026
|
USD
|
824,940
|
6,407
|
—
|
|
Live Cattle
|
13
|
06/2026
|
USD
|
1,191,580
|
—
|
(22,169
)
|
|
Live Cattle
|
17
|
08/2026
|
USD
|
1,549,040
|
716
|
—
|
|
Live Cattle
|
5
|
08/2026
|
USD
|
455,600
|
—
|
(3,292
)
|
|
Live Cattle
|
45
|
10/2026
|
USD
|
4,090,050
|
—
|
(73,906
)
|
|
Natural Gas
|
462
|
04/2026
|
USD
|
13,310,220
|
—
|
(663,592
)
|
|
Natural Gas
|
108
|
06/2026
|
USD
|
3,603,960
|
—
|
(433,439
)
|
|
Natural Gas
|
213
|
08/2026
|
USD
|
7,250,520
|
—
|
(687,295
)
|
|
Natural Gas
|
97
|
10/2026
|
USD
|
3,622,950
|
—
|
(152,236
)
|
|
Nickel
|
7
|
07/2026
|
USD
|
754,299
|
22,768
|
—
|
|
Nickel
|
14
|
09/2026
|
USD
|
1,519,517
|
46,348
|
—
|
|
Nickel
|
7
|
11/2026
|
USD
|
764,967
|
20,264
|
—
|
|
NY Harbor ULSD Heat Oil
|
115
|
04/2026
|
USD
|
12,226,662
|
1,112,390
|
—
|
|
NY Harbor ULSD Heat Oil
|
12
|
06/2026
|
USD
|
1,239,538
|
131,286
|
—
|
|
NY Harbor ULSD Heat Oil
|
24
|
08/2026
|
USD
|
2,453,774
|
207,596
|
—
|
|
NY Harbor ULSD Heat Oil
|
12
|
10/2026
|
USD
|
1,219,025
|
63,370
|
—
|
|
Primary Aluminum
|
8
|
07/2026
|
USD
|
629,078
|
4,796
|
—
|
|
Primary Aluminum
|
16
|
09/2026
|
USD
|
1,258,556
|
5,974
|
—
|
|
Primary Aluminum
|
8
|
11/2026
|
USD
|
628,428
|
6,903
|
—
|
|
RBOB Gasoline
|
300
|
04/2026
|
USD
|
28,891,800
|
967,864
|
—
|
|
RBOB Gasoline
|
10
|
06/2026
|
USD
|
949,452
|
80,594
|
—
|
|
RBOB Gasoline
|
20
|
08/2026
|
USD
|
1,836,408
|
155,702
|
—
|
|
RBOB Gasoline
|
11
|
10/2026
|
USD
|
914,159
|
46,141
|
—
|
|
Silver
|
37
|
05/2026
|
USD
|
17,258,835
|
2,326,678
|
—
|
|
Soybean
|
95
|
05/2026
|
USD
|
5,561,063
|
119,540
|
—
|
|
Soybean
|
51
|
07/2026
|
USD
|
3,016,013
|
251,701
|
—
|
|
Soybean
|
161
|
11/2026
|
USD
|
9,082,413
|
336,507
|
—
|
|
Soybean Meal
|
300
|
05/2026
|
USD
|
9,615,000
|
357,965
|
—
|
|
Soybean Meal
|
51
|
07/2026
|
USD
|
1,646,280
|
83,987
|
—
|
|
Soybean Meal
|
155
|
12/2026
|
USD
|
4,927,450
|
64,101
|
—
|
|
Soybean Oil
|
37
|
07/2026
|
USD
|
1,373,958
|
198,316
|
—
|
|
Soybean Oil
|
115
|
12/2026
|
USD
|
4,121,370
|
377,406
|
—
|
|
Long futures contracts (continued)
|
||||||
|
Description
|
Number of
contracts
|
Expiration
date
|
Trading
currency
|
Notional
amount
|
Value/Unrealized
appreciation ($)
|
Value/Unrealized
depreciation ($)
|
|
Sugar #11
|
668
|
04/2026
|
USD
|
10,391,942
|
—
|
(84,637
)
|
|
Sugar #11
|
3
|
06/2026
|
USD
|
46,603
|
150
|
—
|
|
Sugar #11
|
82
|
06/2026
|
USD
|
1,273,821
|
—
|
(33,500
)
|
|
Sugar #11
|
249
|
09/2026
|
USD
|
3,960,096
|
—
|
(75,850
)
|
|
WTI Crude
|
184
|
04/2026
|
USD
|
12,307,760
|
720,506
|
—
|
|
WTI Crude
|
58
|
06/2026
|
USD
|
3,838,440
|
450,942
|
—
|
|
WTI Crude
|
119
|
08/2026
|
USD
|
7,752,850
|
699,800
|
—
|
|
WTI Crude
|
60
|
10/2026
|
USD
|
3,848,400
|
123,705
|
—
|
|
Zinc
|
268
|
05/2026
|
USD
|
22,240,315
|
—
|
(399,417
)
|
|
Zinc
|
13
|
07/2026
|
USD
|
1,079,569
|
37,214
|
—
|
|
Zinc
|
26
|
09/2026
|
USD
|
2,158,488
|
40,794
|
—
|
|
Zinc
|
13
|
11/2026
|
USD
|
1,078,188
|
—
|
(18,441
)
|
|
Total
|
|
|
|
|
23,187,052
|
(5,859,551
)
|
|
Short futures contracts
|
||||||
|
Description
|
Number of
contracts
|
Expiration
date
|
Trading
currency
|
Notional
amount
|
Value/Unrealized
appreciation ($)
|
Value/Unrealized
depreciation ($)
|
|
U.S. Treasury 2-Year Note
|
(272)
|
06/2026
|
USD
|
(56,922,375
)
|
—
|
(92,611
)
|
|
(a)
|
Represents privately placed and other securities and instruments exempt from Securities
and Exchange Commission registration (collectively, private placements), such as Section 4(a)(2) and Rule 144A eligible securities, which are often sold only
to qualified institutional buyers. At February 28, 2026, the total value of these
securities amounted to $85,190,687, which represents 19.82% of total net assets.
|
|
(b)
|
Variable or floating rate security, the interest rate of which adjusts periodically
based on changes in current interest rates and prepayments on the underlying pool
of assets. The interest rate shown was the current rate as of February 28, 2026.
|
|
(c)
|
Variable rate security. The interest rate shown was the current rate as of February
28, 2026.
|
|
(d)
|
Represents a variable rate security with a step coupon where the rate adjusts according
to a schedule for a series of periods, typically lower for an initial period and then increasing to a higher coupon rate thereafter. The interest rate shown was the
current rate as of February 28, 2026.
|
|
(e)
|
Represents a security purchased on a when-issued basis.
|
|
(f)
|
Principal and interest may not be guaranteed by a governmental entity.
|
|
(g)
|
The rate shown is the seven-day current annualized yield at February 28, 2026.
|
|
(h)
|
Under the Investment Company Act of 1940, an affiliated company is one in which the Fund owns 5% or more of the company’s outstanding voting securities, or a company which is under common ownership or control with the Fund. The value of the
holdings and transactions in these affiliated companies during the period ended February 28, 2026 are as follows:
|
|
Affiliated issuers
|
Beginning
of period($)
|
Purchases($)
|
Sales($)
|
Net change in
unrealized
appreciation
(depreciation)($)
|
End of
period($)
|
Realized gain
(loss)($)
|
Dividends($)
|
End of
period shares
|
|
Columbia Short-Term Cash Fund, 3.777%
|
||||||||
|
|
96,196,550
|
487,075,581
|
(364,438,820
)
|
20,295
|
218,853,606
|
(1,882
)
|
5,299,801
|
218,897,386
|
|
CMO
|
Collateralized Mortgage Obligation
|
|
SOFR
|
Secured Overnight Financing Rate
|
|
USD
|
US Dollar
|