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Original filing (PDF)20251013110308NAL0002523074001
GRAYBAR ELECTRIC COMPANY, INC.
Form 5500
FILING_RECEIVED
GRAYBAR ELECTRIC COMPANY, INC. PENSION PLAN
Defined-benefit pension plan
Signals · 2
No recordkeeper disclosed7 service providers
Active participants
3,125
Accounts w/ balance
—
Plan assets (EOY)
$525.4M
Net assets (EOY)
$524.8M
How this plan invests
This plan
3 pooled trusts
Schedule D
1,031 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 33 bps in Schedule C fees — 445% above peer band of 6 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GRAYBAR ELECTRIC COMPANY, INC..
Plan sponsor
Name
GRAYBAR ELECTRIC COMPANY, INC.
EIN
13-0794380
Address
34 N. MERAMEC AVE. · ST. LOUIS, MO · 63105
Phone
(314) 573-9200
Industry
Wholesale Tradesee all
Plan administrator
Name
EMPLOYEES' BENEFIT COMMITTEE OF GRAYBAR ELECTRIC COMPANY, INC.
EIN
62-1543542
City
ST. LOUIS, MO
Phone
(314) 573-9200
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Pension benefit codes
1A · Pay-related DB formula
1C · Cash balance or similar hybrid DB
Audit & trust (Schedule H)
Auditor
ARMANINO LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
7 rowsAdvisor / Consultant
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| GOLDMAN SACHS ASSET MANAGEMENT | 13-3575636 | — | INVESTMENT MANAGEMENT | $690K | — |
| MERCER INVESTMENT CONSULTING | 61-0736136 | — | INVESTMENT ADVISOR | $247K | — |
| AON CONSULTING INC. | 22-2232264 | — | CONSULTANT | $54K | — |
Trustee
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| US BANK | 31-0841368 | — | TRUSTEE | $82K | — |
| COMERICA BANK | 42-1741646 | — | FORMER TRUSTEE | $22K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ARMANINO LLP | 33-2514127 | — | ACCOUNTING | $13K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | 53-0181291 | — | ACTUARY | $611K | — |
Investments
1,026 direct securities · 3 pooled funds· $513.1M(98% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$457.5M
1025 holdings
Common Collective Trust
$44.2M
3 holdings
OTHER
$11.4M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Short Term Investments FIRST AM GOVT OB FD CL Z 31846V567 | — | — | $48.3M | $48.3M | 9.2% | |
| party/Description of investment CUSIP Value Cost Current Value Equity Securities - U.S. STATE STREET EQUITY 500 INDEX 85749T814 | — | — | $22.4M | $30.3M | 5.8% | |
| TS&W INTERNATIONAL LARGE CAP EQUITY GLOBAL TRUST COMPANY · EIN 26-6773274 / PN 003 | Common Collective Trust | — | $16.5M | $21.3M | 4.0% | |
| U S TREASURY BD 3.375% 5/15/44 912810RG5 | — | — | $20.0M | $19.7M | 3.8% | |
| PORTFOLIO ADV PRIVATE EQ FD IX LP 95MSCD0G9 | — | — | $18.6M | $19.7M | 3.7% | |
| Private Equity PEG GLOBAL PRIVATE EQ IX OFF SPECIAL 95MSCD0E4 | — | — | $14.4M | $17.8M | 3.4% | |
| Real Assets TRG FORESTRY FUND 8-B LP 95MSCD0J3 - CLARION LION PROPERTIES FUND LP 95MSCD0A2 | — | — | $18.1M | $12.8M | 2.4% | |
| BS ASSET 16JUN25 UF BS011591A 45,000,000 - | — | — | — | $12.2M | 2.3% | |
| CT U.S. HIGH YIELD BOND FUND-CLASS 1 9SPMTKE21 | — | — | $6.6M | $11.8M | 2.2% | |
| COLUMBIA TRUST US HIGH YLD BND FD A AMERIPRISE TRUST COMPANY · EIN 41-0007957 / PN 068 | Common Collective Trust | — | — | $11.8M | 2.2% | |
| party/Description of investment CUSIP Value Cost Current Value FUT CLIENT COLL @GOLDMAN SACHS 99MSCH460 | — | — | $11.8M | $11.8M | 2.2% | |
| FIDELITY SALEM STREET TRUST 31635V679 | — | — | $10.0M | $11.8M | 2.2% | |
| Investments GOLUB CAPITAL PARTNERS INTL 11 LP 95MSCD0B0 | OTHER | — | $8.9M | $11.4M | 2.2% | |
| GOLDMAN SACHS COLLECTIVE TR | — | — | $14.7M | $11.1M | 2.1% | |
| COLL TRUST - LONG TREAS STRIPS FUND THE GOLDMAN SACHS TRUST COMPANY NA · EIN 13-4166989 / PN 030 | Common Collective Trust | — | — | $11.1M | 2.1% | |
| PRINCIPAL DIVERSIFIED REAL ASSET | — | — | $9.9M | $10.0M | 1.9% | |
| NEUBERGER BERMAN CROSSROADS 24 FUND 95MSCD0C8 | — | — | $8.0M | $8.4M | 1.6% | |
| ALLSPRING EMERGING MKTS EQTY FD INST 94975P751 | — | — | $5.1M | $5.8M | 1.1% | |
| SWAP CLIENT COLL@ GOLDMAN SACHS 98MSCB4K4 | — | — | $3.3M | $3.3M | 0.6% | |
| PFIZER INVESTMENT 5.300% 5/19/53 716973AG7 | — | — | $1.7M | $1.6M | 0.3% | |
| CVS HEALTH CORP 4.780% 3/25/38 126650CY4 | — | — | $1.7M | $1.5M | 0.3% | |
| WELLS FARGO CO 4.897% 7/25/33 95000U3B7 | — | — | $1.5M | $1.5M | 0.3% | |
| BRISTOL MYERS 5.550% 2/22/54 110122EK0 | — | — | $1.4M | $1.4M | 0.3% | |
| BROADCOM INC 3.187% 11/15/36 11135FBQ3 | — | — | $1.6M | $1.2M | 0.2% | |
| BK OF AMERICA MTN 2.482% 9/21/36 06051GKC2 | — | — | $1.1M | $1.1M | 0.2% | |
| JPMORGAN CHASE CO 4.912% 7/25/33 46647PDH6 | — | — | $1.1M | $1.1M | 0.2% | |
| BK OF AMERICA MTN 2.299% 7/21/32 06051GKA6 | — | — | $944K | $988K | 0.2% | |
| BOEING CO CR SEN 6.528% 5/01/34 097023DS1 | — | — | $880K | $889K | 0.2% | |
| MORGAN STANLEY MTN 1.512% 7/20/27 61747YEC5 | — | — | $818K | $879K | 0.2% | |
| UNITEDHEALTH GROUP 6.050% 2/15/63 91324PET5 | — | — | $886K | $868K | 0.2% | |
| JPMORGAN CHASE 1.470% 9/22/27 46647PCP9 | — | — | $791K | $851K | 0.2% | |
| UBS GROUP AG 3.869% 1/12/29 225401AF5 | — | — | $950K | $843K | 0.2% | |
| ORACLE CORP 6.900% 11/09/52 68389XCK9 | — | — | $788K | $840K | 0.2% | |
| BANK AMERICA CORP 5.468% 1/23/35 06051GMA4 | — | — | $835K | $821K | 0.2% | |
| SOLVENTUM CORP 5.900% 4/30/54 83444MAJ0 | — | — | $827K | $807K | 0.2% | |
| VERIZON 4.812% 3/15/39 92343VDR2 | — | — | $996K | $801K | 0.2% | |
| CIGNA CORP 4.800% 8/15/38 125523AJ9 | — | — | $888K | $796K | 0.2% | |
| UBS GROUP AG 1.364% 1/30/27 902613AC2 | — | — | $762K | $793K | 0.2% | |
| CALIFORNIA ST BUILD 7.550% 4/01/39 13063A5G5 | — | — | $998K | $792K | 0.2% | |
| SMUCKER J M CO 6.500% 11/15/53 832696AZ1 | — | — | $717K | $770K | 0.1% | |
| BURLINGTON NORTH 4.450% 3/15/43 12189LAN1 | — | — | $898K | $717K | 0.1% | |
| ABBVIE INC 4.300% 5/14/36 00287YAV1 | — | — | $870K | $710K | 0.1% | |
| ORACLE CORP 6.250% 11/09/32 68389XCJ2 | — | — | $680K | $710K | 0.1% | |
| AERCAP IRELAND 2.450% 10/29/26 00774MAV7 | — | — | $689K | $694K | 0.1% | |
| BOEING CO SR NT 5.150% 5/01/30 097023CY9 | — | — | $792K | $692K | 0.1% | |
| UNITED MEXICAN STATE 3.750% 4/19/71 BM9RCD2 | — | — | $796K | $686K | 0.1% | |
| AT T INC 5.400% 2/15/34 00206RMT6 | — | — | $647K | $678K | 0.1% | |
| KROGER CO SR GLBL 5.500% 9/15/54 501044DW8 | — | — | $718K | $677K | 0.1% | |
| CHARTER COMM OPT LLC 6.384% 10/23/35 161175AZ7 | — | — | $742K | $659K | 0.1% | |
| ABBVIE INC 4.500% 5/14/35 00287YAR0 | — | — | $708K | $656K | 0.1% | |
| ABBVIE INC 2.950% 11/21/26 00287YBV0 | — | — | $628K | $656K | 0.1% | |
| AMGEN INC 5.250% 3/02/33 031162DR8 | — | — | $637K | $643K | 0.1% | |
| BANK OF AMERICA MTN 4.183% 11/25/27 06051GGC7 | — | — | $660K | $638K | 0.1% | |
| MORGAN STANLEY 3.950% 4/23/27 61761JZN2 | — | — | $609K | $637K | 0.1% | |
| UNITED MEXICAN MTN 5.750% 10/12/69 91086QAZ1 | — | — | $870K | $635K | 0.1% | |
| AMERICA MOVIL SA DE 6.375% 3/01/35 02364WAJ4 | — | — | $565K | $633K | 0.1% | |
| ANHEUSER BUSCH CO 4.700% 2/01/36 03522AAH3 | — | — | $690K | $629K | 0.1% | |
| BAT CAPITAL CORP 7.081% 8/02/53 054989AD0 | — | — | $612K | $628K | 0.1% | |
| CVS HEALTH CORP 3.875% 7/20/25 126650CL2 | — | — | $690K | $621K | 0.1% | |
| BANK AMERICA MTN 5.288% 4/28/34 06051GLH0 | — | — | $625K | $620K | 0.1% | |
| CREDIT AGRICOLE MTN 1.907% 6/16/26 22535WAG2 | — | — | $614K | $616K | 0.1% | |
| AT T INC 4.350% 6/15/45 00206RBK7 | — | — | $818K | $612K | 0.1% | |
| BANCO SANTANDER 2.746% 5/28/25 05971KAE9 | — | — | $630K | $594K | 0.1% | |
| TELEFONICA EMISIONES 7.045% 6/20/36 87938WAC7 | — | — | $648K | $591K | 0.1% | |
| UBS GROUP AG 4.194% 4/01/31 225401AP3 | — | — | $703K | $591K | 0.1% | |
| UNITEDHEALTH GROUP 5.300% 2/15/30 91324PEQ1 | — | — | $574K | $584K | 0.1% | |
| BK OF AMERICA CORP 1.197% 10/24/26 06051GJK6 | — | — | $592K | $583K | 0.1% | |
| WARNERMEDIA HLDGS 5.050% 3/15/42 55903VBD4 | — | — | $714K | $577K | 0.1% | |
| INTL FLAVORS 3.468% 12/01/50 459506AS0 | — | — | $765K | $573K | 0.1% | |
| BANK OF AMERICA MTN 2.496% 2/13/31 06051GHZ5 | — | — | $649K | $572K | 0.1% | |
| PACIFICORP 1ST 5.800% 1/15/55 695114DE5 | — | — | $581K | $568K | 0.1% | |
| RTX CORPORATION 6.400% 3/15/54 75513ECX7 | — | — | $534K | $566K | 0.1% | |
| GLENCORE FUNDING LLC 1.625% 9/01/25 378272AX6 | — | — | $555K | $563K | 0.1% | |
| BECTON DICKINSON 3.700% 6/06/27 075887BW8 | — | — | $623K | $561K | 0.1% | |
| WELLS FARGO CO MTN 3.526% 3/24/28 95000U2V4 | — | — | $548K | $558K | 0.1% | |
| BANK OF AMERICA MTN 3.248% 10/21/27 06051GGA1 | — | — | $621K | $554K | 0.1% | |
| LOWES COS INC 5.625% 4/15/53 548661EM5 | — | — | $551K | $553K | 0.1% | |
| SWAP CLIENT COLL@ MORGAN STANLEY 98MSCB2H3 | — | — | $550K | $550K | 0.1% | |
| HP ENTERPRISE CO 4.900% 10/15/25 42824CAW9 | — | — | $577K | $550K | 0.1% | |
| CITIGROUP INC 4.300% 11/20/26 172967JC6 | — | — | $618K | $545K | 0.1% | |
| ORACLE CORP 4.000% 11/15/47 68389XBQ7 | — | — | $533K | $544K | 0.1% | |
| HCA INC 6.000% 4/01/54 404119CV9 | — | — | $565K | $538K | 0.1% | |
| UNITEDHEALTH GROUP 6.875% 2/15/38 91324PBK7 | — | — | $676K | $537K | 0.1% | |
| M T BK CORP MTN 6.082% 3/13/32 55261FAT1 | — | — | $517K | $533K | 0.1% | |
| MCDONALDS CORP MTN 5.150% 9/09/52 58013MFT6 | — | — | $572K | $528K | 0.1% | |
| T MOBILE USA INC 3.750% 4/15/27 87264ABD6 | — | — | $513K | $526K | 0.1% | |
| CONSTELLATION BRANDS 4.400% 11/15/25 21036PBB3 | — | — | $595K | $524K | <0.1% | |
| BARCLAYS PLC 6.692% 9/13/34 06738ECL7 | — | — | $523K | $519K | <0.1% | |
| party/Description of investment CUSIP Value Cost Current Value BAT CAP CORP SR NT 4.906% 4/02/30 05526DBN4 | — | — | $601K | $518K | <0.1% | |
| ENTERPRISE PRODUCTS 6.125% 10/15/39 29379VAG8 | — | — | $509K | $518K | <0.1% | |
| CITIGROUP INC 4.450% 9/29/27 172967KA8 | — | — | $594K | $518K | <0.1% | |
| MORGAN STANLEY SR NT 5.320% 7/19/35 61747YFT7 | — | — | $530K | $516K | <0.1% | |
| JPMORGAN CHASE CO 5.766% 4/22/35 46647PEH5 | — | — | $514K | $511K | <0.1% | |
| US BANCORP 5.850% 10/21/33 91159HJJ0 | — | — | $496K | $511K | <0.1% | |
| BROADCOM INC 4.150% 4/15/32 11135FBT7 | — | — | $501K | $508K | <0.1% | |
| T MOBILE USA INC 1.500% 2/15/26 87264ABZ7 | — | — | $526K | $506K | <0.1% | |
| MORGAN STANLEY SR 5.250% 4/21/34 61747YFE0 | — | — | $510K | $502K | <0.1% | |
| JPMORGAN CHASE CO 2.473% 10/22/35 46647PER3 | — | — | $518K | $501K | <0.1% | |
| AMERICAN TOWER CORP 3.375% 10/15/26 03027XAK6 | — | — | $475K | $497K | <0.1% | |
| T MOBILE USA INC 3.875% 4/15/30 87264ABF1 | — | — | $540K | $494K | <0.1% | |
| COMCAST CORP NEW SR 5.650% 6/01/54 20030NEK3 | — | — | $508K | $493K | <0.1% | |
| JPMORGAN CHASE CO 2.956% 5/13/31 46647PBP0 | — | — | $540K | $492K | <0.1% | |
| ING GROEP N V SR 1.400% 7/01/26 456837AU7 | — | — | $500K | $491K | <0.1% | |
| COMMONWLTH EDIS 6.450% 1/15/38 202795HT0 | — | — | $465K | $486K | <0.1% | |
| KELLANOVA SR 5.750% 5/16/54 487836CA4 | — | — | $496K | $486K | <0.1% | |
| BOEING CO CR SEN SR 5.805% 5/01/50 097023CW3 | — | — | $537K | $486K | <0.1% | |
| BK OF AMERICA CORP 4.376% 4/27/28 06051GKP3 | — | — | $490K | $485K | <0.1% | |
| BACARDI LTD BACARDI 5.900% 6/15/43 05635JAC4 | — | — | $501K | $485K | <0.1% | |
| JPMORGAN CHASE CO 4.323% 4/26/28 46647PDA1 | — | — | $490K | $484K | <0.1% | |
| ORACLE CORP 3.950% 3/25/51 68389XCA1 | — | — | $497K | $481K | <0.1% | |
| CITIGROUP INC 4.910% 5/24/33 172967NU1 | — | — | $485K | $478K | <0.1% | |
| GENERAL MOTORS 5.250% 3/01/26 37045XBG0 | — | — | $545K | $476K | <0.1% | |
| AMGEN INC 5.650% 3/02/53 031162DT4 | — | — | $490K | $475K | <0.1% | |
| GENERAL MOTORS FINL 2.900% 2/26/25 37045XCV6 | — | — | $499K | $473K | <0.1% | |
| NEW YORK NY CITY MUN 5.440% 6/15/43 64972FT63 | — | — | $551K | $473K | <0.1% | |
| BAT CAPITAL CORP 6.000% 2/20/34 05526DBZ7 | — | — | $462K | $473K | <0.1% | |
| AT T INC GLBL NT 2.300% 6/01/27 00206RJX1 | — | — | $447K | $472K | <0.1% | |
| COMCAST CORP 4.700% 10/15/48 20030NCM1 | — | — | $604K | $472K | <0.1% | |
| PENSKE TRUCK L P 4.400% 7/01/27 709599BN3 | — | — | $467K | $469K | <0.1% | |
| CITIGROUP INC 6.270% 11/17/33 172967PA3 | — | — | $458K | $467K | <0.1% | |
| INTEL CORP SR NT 5.700% 2/10/53 458140CJ7 | — | — | $504K | $464K | <0.1% | |
| CAPITAL ONE FINL 5.884% 7/26/35 14040HDH5 | — | — | $471K | $458K | <0.1% | |
| WARNERMEDIA HLDGS 3.755% 3/15/27 55903VBA0 | — | — | $475K | $458K | <0.1% | |
| VERALTO CORP SR 5.350% 9/18/28 92338CAD5 | — | — | $450K | $456K | <0.1% | |
| CVS HEALTH CORP 4.875% 7/20/35 126650CM0 | — | — | $545K | $454K | <0.1% | |
| CARRIER GLOBAL 2.493% 2/15/27 14448CAP9 | — | — | $496K | $454K | <0.1% | |
| AT T INC 4.900% 8/15/37 00206RFW7 | — | — | $472K | $453K | <0.1% | |
| NETFLIX INC 5.875% 11/15/28 64110LAT3 | — | — | $456K | $451K | <0.1% | |
| CAMPBELL SOUP CO 5.250% 10/13/54 134429BR9 | — | — | $499K | $448K | <0.1% | |
| HSBC HOLDINGS PLC 4.041% 3/13/28 404280BK4 | — | — | $497K | $441K | <0.1% | |
| CARDINAL HEALTH INC 5.350% 11/15/34 14149YBS6 | — | — | $449K | $440K | <0.1% | |
| TRUIST FINL MTN 5.711% 1/24/35 89788MAS1 | — | — | $453K | $438K | <0.1% | |
| CITIGROUP INC 3.200% 10/21/26 172967KY6 | — | — | $487K | $438K | <0.1% | |
| KINDER MORGAN MTN 7.800% 8/01/31 28368EAD8 | — | — | $488K | $437K | <0.1% | |
| JP MORGAN CHASE JPM 6.400% 5/15/38 46625HHF0 | — | — | $463K | $437K | <0.1% | |
| BANK OF AMERICA MTN 3.593% 7/21/28 06051GGR4 | — | — | $493K | $436K | <0.1% | |
| T MOBILE USA INC 4.500% 4/15/50 87264AAZ8 | — | — | $569K | $430K | <0.1% | |
| FISERV INC 4.400% 7/01/49 337738AV0 | — | — | $563K | $429K | <0.1% | |
| OCCIDENTAL PETE 8.500% 7/15/27 674599DZ5 | — | — | $437K | $426K | <0.1% | |
| MET LIFE GLOB MTN 1.875% 1/11/27 59217GER6 | — | — | $449K | $426K | <0.1% | |
| ALLY FINL INC SR NT 5.800% 5/01/25 02005NBJ8 | — | — | $417K | $425K | <0.1% | |
| party/Description of investment CUSIP Value Cost Current Value UNITED MEXICO 5.000% 5/07/29 91087BAY6 | — | — | $438K | $424K | <0.1% | |
| STARBUCKS CORP 4.500% 11/15/48 855244AS8 | — | — | $485K | $424K | <0.1% | |
| BARCLAYS PLC SR 2.852% 5/07/26 06738EBL8 | — | — | $401K | $422K | <0.1% | |
| CIGNA CORP 3.200% 3/15/40 125523CJ7 | — | — | $571K | $422K | <0.1% | |
| DALLAS CNTY TX HOSP 5.621% 8/15/44 234667JL8 | — | — | $432K | $418K | <0.1% | |
| COMCAST CORP 4.150% 10/15/28 20030NCT6 | — | — | $487K | $414K | <0.1% | |
| UNITED MEXICO 3.500% 2/12/34 91087BAR1 | — | — | $461K | $414K | <0.1% | |
| FORD MOTOR CREDIT 5.850% 5/17/27 3.45397E+79 | — | — | $410K | $414K | <0.1% | |
| ENERGY TRANSFER PART 6.500% 2/01/42 29273RAR0 | — | — | $455K | $414K | <0.1% | |
| MIDAMERICAN ENERGY 5.950% 5/15/37 59562VAP2 | — | — | $423K | $414K | <0.1% | |
| CARRIER GLOBAL 3.377% 4/05/40 14448CAR5 | — | — | $505K | $413K | <0.1% | |
| AMGEN INC 5.600% 3/02/43 031162DS6 | — | — | $423K | $413K | <0.1% | |
| ROYALTY PHARMA PLC 2.200% 9/02/30 78081BAK9 | — | — | $431K | $411K | <0.1% | |
| SOUTHERN CO 4.250% 7/01/36 842587CW5 | — | — | $490K | $404K | <0.1% | |
| CHARTER COMM OPT LLC 5.375% 4/01/38 161175BM5 | — | — | $531K | $400K | <0.1% | |
| ING GROEP N V SR 3.869% 3/28/26 456837BA0 | — | — | $387K | $399K | <0.1% | |
| APPLOVIN CORP SR NT 5.950% 12/01/54 03831WAE8 | — | — | $403K | $399K | <0.1% | |
| COUSINS PPTYS 5.875% 10/01/34 222793AA9 | — | — | $402K | $397K | <0.1% | |
| MSCI INC 3.250% 8/15/33 55354GAQ3 | — | — | $374K | $397K | <0.1% | |
| PNC FINL SVCS GROUP 5.401% 7/23/35 693475BZ7 | — | — | $410K | $397K | <0.1% | |
| JDE PEETS NV 1.375% 1/15/27 47216QAB9 | — | — | $385K | $394K | <0.1% | |
| TIME WARNER ENT 8.375% 7/15/33 88731EAJ9 | — | — | $489K | $394K | <0.1% | |
| GENERAL MOTORS CO 6.600% 4/01/36 37045VAK6 | — | — | $475K | $394K | <0.1% | |
| T MOBILE USA INC 4.375% 4/15/40 87264AAX3 | — | — | $485K | $390K | <0.1% | |
| MORGAN STANLEY MTN 4.431% 1/23/30 6174468G7 | — | — | $459K | $389K | <0.1% | |
| HCA INC 5.350% 6/01/33 404119CQ0 | — | — | $367K | $388K | <0.1% | |
| T MOBILE USA INC 5.650% 1/15/53 87264ACW3 | — | — | $384K | $387K | <0.1% | |
| BERRY GLOBAL INC 1.5699% 1/15/26 08576PAH4 | — | — | $397K | $386K | <0.1% | |
| party/Description of investment CUSIP Value Cost Current Value SUMITOMO MITSUI FIN 0.948% 1/12/26 86562MCD0 | — | — | $390K | $385K | <0.1% | |
| SYSCO CORP SR NT 6.600% 4/01/50 871829BN6 | — | — | $378K | $384K | <0.1% | |
| SOLVENTUM CORP 5.600% 3/23/34 83444MAG6 | — | — | $384K | $383K | <0.1% | |
| WASTE MGMT INC 5.350% 10/15/54 94106LCF4 | — | — | $398K | $382K | <0.1% | |
| RWE FINANCE US LLC 6.250% 4/16/54 749983AB8 | — | — | $384K | $380K | <0.1% | |
| GE HEALTHCARE HLDG 5.650% 11/15/27 36267VAF0 | — | — | $369K | $379K | <0.1% | |
| MORGAN STANLEY 6.375% 7/24/42 617482V92 | — | — | $374K | $378K | <0.1% | |
| ANHEUSER BUSCH 8.200% 1/15/39 03523TBF4 | — | — | $415K | $376K | <0.1% | |
| ENERGY TRANSFER 4.750% 1/15/26 29273RBG3 | — | — | $366K | $374K | <0.1% | |
| UNITED MEXICAN 3.250% 4/16/30 91087BAH3 | — | — | $429K | $374K | <0.1% | |
| BROADCOM INC 3.419% 4/15/33 11135FBK6 | — | — | $453K | $372K | <0.1% | |
| WELLS FARGO CO MTN 2.188% 4/30/26 95000U2N2 | — | — | $388K | $372K | <0.1% | |
| UBS GROUP AG 5.379% 9/06/45 902613BM9 | — | — | $390K | $371K | <0.1% | |
| MSCI INC 3.875% 2/15/31 55354GAL4 | — | — | $358K | $371K | <0.1% | |
| DELL INTL LLC EMC 6.200% 7/15/30 24703TAH9 | — | — | $434K | $367K | <0.1% | |
| BROADCOM INC 2.450% 2/15/31 11135FBH3 | — | — | $338K | $367K | <0.1% | |
| CIGNA CORP NEW GLBL 3.400% 3/01/27 125523CB4 | — | — | $351K | $365K | <0.1% | |
| ORACLE CORP 5.375% 7/15/40 68389XAM7 | — | — | $423K | $361K | <0.1% | |
| party/Description of investment CUSIP Value Cost Current Value PHILLIPS EDISON LP 5.750% 7/15/34 71845JAB4 | — | — | $355K | $360K | <0.1% | |
| MARRIOTT INTL INC 5.550% 10/15/28 571903BN2 | — | — | $348K | $358K | <0.1% | |
| LOWES COS INC 3.000% 10/15/50 548661DZ7 | — | — | $489K | $357K | <0.1% | |
| UNITEDHEALTH GROUP 5.625% 7/15/54 91324PFL1 | — | — | $366K | $356K | <0.1% | |
| JDE PEETS NV 2.250% 9/24/31 47216QAC7 | — | — | $379K | $356K | <0.1% | |
| OCCIDENTAL PETROLEUM 6.600% 3/15/46 674599DL6 | — | — | $358K | $353K | <0.1% | |
| BANK OF AMERICA MTN 4.750% 4/21/45 06051GFQ7 | — | — | $414K | $353K | <0.1% | |
| WACHOVIA CORPORATION 5.500% 8/01/35 929903AM4 | — | — | $402K | $350K | <0.1% | |
| BROADCOM INC SR 2.600% 2/15/33 11135FBF7 | — | — | $315K | $348K | <0.1% | |
| BOEING CO CR SEN 6.858% 5/01/54 097023DT9 | — | — | $339K | $348K | <0.1% | |
| MARYLAND ST 5.433% 5/31/56 574205JJ0 | — | — | $367K | $346K | <0.1% | |
| PACIFIC GAS ELEC CO 4.500% 7/01/40 694308JQ1 | — | — | $404K | $345K | <0.1% | |
| AMERICAN INTL GROUP 4.500% 7/16/44 026874DA2 | — | — | $385K | $344K | <0.1% |
Showing top 200 of 1,029 investments by value.