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Original filing (PDF)20251014145253NAL0001537011001
OLD REPUBLIC INTERNATIONAL CORP
Form 5500
FILING_RECEIVED
OLD REPUBLIC INTERNATIONAL EMPLOYEES RETIREMENT PLAN
Defined-benefit pension plan
Signals · 2
No recordkeeper disclosed7 service providers
Active participants
565
Accounts w/ balance
0
Plan assets (EOY)
$519.3M
Net assets (EOY)
$519.3M
How this plan invests
This plan
2 pooled trusts
Schedule D
229 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 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
55
Participation health
100
Knocking points off
- 17 bps in Schedule C fees — 183% above peer band of 6 bps.
- No recordkeeper disclosed on Schedule C.
- Plan is frozen (1I) — no new benefit accrual.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for OLD REPUBLIC INTERNATIONAL CORP.
Plan sponsor
Name
OLD REPUBLIC INTERNATIONAL CORP
EIN
36-2678171
Address
307 N. MICHIGAN AVE. · CHICAGO, IL · 606015311
Phone
(312) 346-8100
Industry
Finance & Insurancesee all
Plan administrator
Name
OLD REPUBLIC INTERNATIONAL CORP
EIN
36-2678171
City
CHICAGO, IL
Phone
(312) 346-8100
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
1A · Pay-related DB formula
1I · Frozen plan — no new benefit accrual
Audit & trust (Schedule H)
Auditor
CBIZ CPAS P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
7 rowsCustodian
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL TRUST COMPANY | 42-1520346 | — | CUSTODIAN | $45K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | 06-1050034 | — | THIRD PARTY ADMINISTRATOR | $91K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CBIZ CPAS P.C. | 43-1947695 | — | AUDITOR | $36K | — |
Actuary
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MERCER HUMAN RESOURCE CONSULTING | 13-2834414 | — | ACTUARY | $200K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TROUTMAN PEPPER LOCKE LLP | 74-1164324 | — | LEGAL COUNSEL | $0 | — |
Other
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PENSION BENEFITS GUARANTY CORP | — | WASHINGTON, DC | GOVERNMENT AGENCY | $479K | — |
| THE NORTHERN TRUST | 36-1561860 | — | INVESTMENT MGMT. | $31K | — |
Investments
192 direct securities · 2 pooled funds· $446.1M(86% 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
$415.1M
192 holdings
Common Collective Trust
$31.0M
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| # OLD REPUBLIC INTERNATIONAL CORPORATION 2,829,509 Sh | — | — | $24.0M | $102.4M | 19.7% | |
| MFB NORTHERN INSTNL DIVERSIFIED ASS ETS PORTFOLIO THE NORTHERN TRUST CO · EIN 36-1561860 / PN 001 | Common Collective Trust | — | — | $22.8M | 4.4% | |
| PRINCIPAL SHORT-TERM INV. FUND PRINCIPAL TRUST COMPANY · EIN 42-1520346 / PN 001 | Common Collective Trust | — | — | $8.2M | 1.6% | |
| WESTAR ENERGY INC 12/01/2025 3.25% 4,000,000 Par | — | — | $3.9M | $4.0M | 0.8% | |
| CBOE GLOBAL MKTS 01/12/2027 3.65% 4,000,000 Par | — | — | $4.0M | $3.9M | 0.8% | |
| SPIRE MO INC SER 1ST MTG BD 02/15/2033 4.80% 4,000,000 Par | — | — | $4.0M | $3.9M | 0.8% | |
| CHEVRON PHILLIPS 12/01/2026 3.40% 4,000,000 Par | — | — | $3.9M | $3.9M | 0.8% | |
| SIERRA PAC POWER CO 05/01/2026 2.60% 4,000,000 Par | — | — | $3.9M | $3.9M | 0.7% | |
| MEDTRONIC INC 03/15/2035 4.38% 4,000,000 Par | — | — | $4.0M | $3.8M | 0.7% | |
| ALABAMA POWER CO 09/01/2032 3.94% 4,000,000 Par | — | — | $3.6M | $3.7M | 0.7% | |
| ATMOS ENERGY CORP 09/15/2029 2.63% 4,000,000 Par | — | — | $3.4M | $3.6M | 0.7% | |
| IMMEDIATE PARTICIPATION GUARANTEED FUND | — | — | $3.6M | $3.5M | 0.7% | |
| UNITED HEALTH GROUP 02/15/2033 5.35% 3,500,000 Par | — | — | $3.5M | $3.5M | 0.7% | |
| PFIZER INC 09/15/2038 4.10% 4,000,000 Par | — | — | $3.9M | $3.5M | 0.7% | |
| AMAZON COM INC 12/05/2034 4.80% 3,400,000 Par | — | — | $3.5M | $3.4M | 0.7% | |
| NOVARTIS CAP CORP 05/17/2027 3.10% 3,500,000 Par | — | — | $3.4M | $3.3M | 0.6% | |
| POTOMAC ELEC PWR 03/15/2043 4.15% 4,000,000 Par | — | — | $3.5M | $3.3M | 0.6% | |
| PRECISION 06/15/2035 4.20% 3,442,000 Par | — | — | $3.3M | $3.2M | 0.6% | |
| INTERCONTINENTAL EXCHANGE 09/15/2032 1.85% 4,000,000 Par | — | — | $2.9M | $3.2M | 0.6% | |
| PACIFICORP 10/15/2037 6.25% 3,000,000 Par | — | — | $3.4M | $3.1M | 0.6% | |
| UNILEVER CAP CORP 09/06/2029 2.13% 3,500,000 Par | — | — | $2.9M | $3.1M | 0.6% | |
| NATIONAL RURAL UTIL COOP 01/15/2033 5.80% 3,000,000 Par | — | — | $3.0M | $3.1M | 0.6% | |
| FLORIDA PWR & LT CO 04/01/2034 5.63% 3,000,000 Par | — | — | $3.2M | $3.1M | 0.6% | |
| INDIANAPOLIS PWR & LT CO 12/01/2032 5.65% 3,000,000 Par | — | — | $3.1M | $3.0M | 0.6% | |
| PUBLIC STORAGE 05/01/2031 2.30% 3,527,000 Par | — | — | $3.0M | $3.0M | 0.6% | |
| AMEREN UN ELEC 08/01/2037 5.30% 3,000,000 Par | — | — | $3.1M | $3.0M | 0.6% | |
| COMMONWEALTH EDISON CO 02/01/2033 4.90% 3,000,000 Par | — | — | $3.1M | $2.9M | 0.6% | |
| WALMART INC 06/26/2028 3.70% 3,000,000 Par | — | — | $3.0M | $2.9M | 0.6% | |
| APPLE INC 02/23/2036 4.50% 3,000,000 Par | — | — | $3.1M | $2.9M | 0.6% | |
| BURL NORTHERN SANTA FE FIXED 06/15/2027 3.25% 3,000,000 Par | — | — | $2.9M | $2.9M | 0.6% | |
| AMERICAN EXPRESS CR 05/03/2027 3.30% 3,000,000 Par | — | — | $2.9M | $2.9M | 0.6% | |
| TARGET CORP 09/15/2032 4.50% 3,000,000 Par | — | — | $2.8M | $2.9M | 0.6% | |
| PROCTER & GAMBLE 03/05/2037 5.55% 2,750,000 Par | — | — | $3.1M | $2.9M | 0.6% | |
| THERMO FISHER SCIENTIFIC INC 10/15/2041 2.80% 4,000,000 Par | — | — | $3.0M | $2.8M | 0.5% | |
| SHELL INTERNATIONAL FIN 05/11/2035 4.13% 3,000,000 Par | — | — | $2.9M | $2.8M | 0.5% | |
| NIKE INC 03/27/2030 2.85% 3,000,000 Par | — | — | $2.8M | $2.7M | 0.5% | |
| PUGET SOUND ENERGY 11/15/2041 4.43% 3,329,000 Par | — | — | $2.9M | $2.7M | 0.5% | |
| EMERSON ELECTRIC CO 12/21/2028 2.00% 3,000,000 Par | — | — | $2.7M | $2.7M | 0.5% | |
| NORTHN STS PWR CO 11/01/2039 5.35% 2,750,000 Par | — | — | $2.9M | $2.7M | 0.5% | |
| BRISTOL MYERS 08/01/2042 3.25% 3,650,000 Par | — | — | $2.9M | $2.7M | 0.5% | |
| PVTPL MARS INC 04/01/2034 3.60% 3,000,000 Par | — | — | $2.7M | $2.6M | 0.5% | |
| GEORGIA-PACIFIC LLC 04/30/2030 2.30% 3,000,000 Par | — | — | $2.6M | $2.6M | 0.5% | |
| PVTPL FMR LLC NT 144A 11/15/2039 6.45% 2,345,000 Par | — | — | $2.6M | $2.6M | 0.5% | |
| JOHNSON & JOHNSON 01/15/2038 3.40% 3,000,000 Par | — | — | $2.7M | $2.5M | 0.5% | |
| NSTAR ELECTRIC CO 03/15/2040 5.50% 2,500,000 Par | — | — | $2.6M | $2.5M | 0.5% | |
| ONCOR ELEC 11/15/2028 3.70% 2,500,000 Par | — | — | $2.5M | $2.4M | 0.5% | |
| ROCKWELL AUTOMATION 08/15/2031 1.75% 2,855,000 Par | — | — | $2.3M | $2.3M | 0.5% | |
| CONSUMERS ENERGY CO 05/15/2033 4.63% 2,400,000 Par | — | — | $2.4M | $2.3M | 0.4% | |
| WI POWER & LIGHT CO 07/01/2029 3.00% 2,500,000 Par | — | — | $2.4M | $2.3M | 0.4% | |
| TRUSTEES OF 03/01/2039 5.70% 2,190,000 Par | — | — | $2.5M | $2.3M | 0.4% | |
| ENTERGY ARK INC 12/15/2044 4.95% 2,500,000 Par | — | — | $2.3M | $2.3M | 0.4% | |
| TUCSON ARIZONA INDL FIXED 05/15/2032 3.25% 2,500,000 Par | — | — | $2.1M | $2.2M | 0.4% | |
| UNION PAC CORP 04/06/2036 2.89% 2,678,000 Par | — | — | $2.2M | $2.2M | 0.4% | |
| FLORIDA POWER CORP 09/15/2037 6.35% 2,000,000 Par | — | — | $2.3M | $2.1M | 0.4% | |
| DUKE ENERGY 04/15/2038 6.05% 2,000,000 Par | — | — | $2.2M | $2.1M | 0.4% | |
| HONEYWELL INTERNATIONAL 03/15/2036 5.70% 2,000,000 Par | — | — | $2.1M | $2.1M | 0.4% | |
| MORGAN STANLEY 01/27/2045 4.30% 2,500,000 Par | — | — | $2.2M | $2.1M | 0.4% | |
| TENNESSEE VY AUTH 2009 GLOBAL PWR BD SERC 09/15/2039 5.25% 2,000,000 Par | — | — | $2.1M | $2.0M | 0.4% | |
| REALTY INCOME CORP 06/01/2026 4.88% 2,000,000 Par | — | — | $2.0M | $2.0M | 0.4% | |
| DISNEY WALT CO 09/01/2029 2.00% 2,250,000 Par | — | — | $1.9M | $2.0M | 0.4% | |
| PRICELINE GROUP 03/15/2025 3.65% 2,000,000 Par | — | — | $2.0M | $2.0M | 0.4% | |
| MET LIFE GLOBAL FUNDING 03/21/2025 2.80% 2,000,000 Par | — | — | $2.0M | $2.0M | 0.4% | |
| IDAHO 08/15/2034 5.20% 2,000,000 Par | — | — | $2.0M | $2.0M | 0.4% | |
| JP MORGAN CHASE & CO 01/06/2042 5.40% 2,000,000 Par | — | — | $2.0M | $2.0M | 0.4% | |
| DU PONT E I DE NEMOURS & CO 07/15/2025 1.70% 2,000,000 Par | — | — | $1.9M | $2.0M | 0.4% | |
| JPMORGAN CHASE 10/01/2026 2.95% 2,000,000 Par | — | — | $1.9M | $1.9M | 0.4% | |
| SNAP ON INC 03/01/2027 3.25% 2,000,000 Par | — | — | $2.0M | $1.9M | 0.4% | |
| PROLOGIS LP 09/15/2028 3.88% 2,000,000 Par | — | — | $2.0M | $1.9M | 0.4% | |
| KIMBERLY-CLARK 05/04/2047 3.90% 2,466,000 Par | — | — | $2.1M | $1.9M | 0.4% | |
| S&P GLOBAL INC 03/01/2027 2.45% 2,000,000 Par | — | — | $1.9M | $1.9M | 0.4% | |
| NEVADA POWER CO 05/01/2029 3.70% 2,000,000 Par | — | — | $1.9M | $1.9M | 0.4% | |
| BERKSHIRE HATHAWAY ENERGY 07/15/2030 3.70% 2,000,000 Par | — | — | $1.8M | $1.9M | 0.4% | |
| AFLAC INC FIXED 04/01/2030 3.60% 2,000,000 Par | — | — | $1.9M | $1.9M | 0.4% | |
| CINTAS CORP NO 05/01/2032 4.00% 2,000,000 Par | — | — | $2.0M | $1.9M | 0.4% | |
| ABBOTT LABS 11/30/2046 4.90% 2,000,000 Par | — | — | $2.0M | $1.9M | 0.4% | |
| UNITED PARCEL SERVICE 11/15/2040 4.88% 2,000,000 Par | — | — | $1.9M | $1.9M | 0.4% | |
| BERKSHIRE HATHAWAY 02/11/2043 4.50% 2,000,000 Par | — | — | $1.9M | $1.8M | 0.4% | |
| S&P GLOBAL INC 03/01/2029 2.70% 2,000,000 Par | — | — | $1.8M | $1.8M | 0.4% | |
| BROWN FORMAN CORP 04/15/2038 4.00% 2,100,000 Par | — | — | $2.0M | $1.8M | 0.4% | |
| COMCAST CORP NEW 08/15/2034 4.20% 2,000,000 Par | — | — | $1.9M | $1.8M | 0.4% | |
| PAYPAL HOLDINGS INC 10/01/2029 2.85% 2,000,000 Par | — | — | $1.8M | $1.8M | 0.4% | |
| CONOCOPHILLIPS FIXED 02/15/2031 2.40% 2,131,000 Par | — | — | $1.8M | $1.8M | 0.4% | |
| ANHEUSER-BUSCH INBEV WOR 04/15/2038 4.38% 2,000,000 Par | — | — | $1.8M | $1.8M | 0.3% | |
| ESTEE LAUDER CO INC 12/01/2029 2.38% 2,000,000 Par | — | — | $1.8M | $1.8M | 0.3% | |
| ESTEE LAUDER COS 04/15/2030 2.60% 2,000,000 Par | — | — | $1.7M | $1.8M | 0.3% | |
| XILINX INC 06/01/2030 2.38% 2,000,000 Par | — | — | $1.7M | $1.8M | 0.3% | |
| ENTERGY MISS LLC 06/01/2049 3.85% 2,357,000 Par | — | — | $1.9M | $1.8M | 0.3% | |
| HONEYWELL INTL INC 03/01/2041 5.38% 1,750,000 Par | — | — | $1.8M | $1.7M | 0.3% | |
| NORTHERN TR CORP 05/01/2030 1.95% 2,000,000 Par | — | — | $1.6M | $1.7M | 0.3% | |
| CME GROUP INC 03/15/2032 2.65% 2,000,000 Par | — | — | $1.6M | $1.7M | 0.3% | |
| IBM CORP 02/09/2032 2.72% 2,000,000 Par | — | — | $1.8M | $1.7M | 0.3% | |
| FRANKLIN RES INC 10/30/2030 1.60% 2,000,000 Par | — | — | $1.6M | $1.7M | 0.3% | |
| DUKE ENERGY PROGRESS LLC 08/15/2031 2.00% 2,000,000 Par | — | — | $1.7M | $1.7M | 0.3% | |
| CARGILL INC 11/10/2031 2.13% 2,000,000 Par | — | — | $1.6M | $1.7M | 0.3% | |
| DUKE ENERGY INDIANA INC 04/01/2039 6.45% 1,506,000 Par | — | — | $1.7M | $1.6M | 0.3% | |
| SNAP-ON INC 03/01/2048 4.10% 2,000,000 Par | — | — | $1.8M | $1.6M | 0.3% | |
| ENTERGY LOUISIANA LLC 04/01/2050 4.20% 2,000,000 Par | — | — | $1.7M | $1.6M | 0.3% | |
| PVTPL NESTLE HLDGS INC 01/15/2053 4.70% 1,750,000 Par | — | — | $1.7M | $1.5M | 0.3% | |
| BERKSHIRE HATHAWAY FINANCE CORP 03/15/2052 3.85% 2,000,000 Par | — | — | $1.7M | $1.5M | 0.3% | |
| CONOCOPHILLIPS CO 11/15/2044 4.30% 1,800,000 Par | — | — | $1.6M | $1.5M | 0.3% | |
| STANFORD UNIVERSITY 05/01/2047 3.46% 2,000,000 Par | — | — | $1.6M | $1.5M | 0.3% | |
| PVTPL NESTLE HOLDINGS SR NTS 09/24/2025 3.50% 1,500,000 Par | — | — | $1.5M | $1.5M | 0.3% | |
| PECO ENERGY CO 10/15/2025 3.15% 1,500,000 Par | — | — | $1.5M | $1.5M | 0.3% | |
| NORTHERN TRUST CORP 05/10/2027 4.00% 1,500,000 Par | — | — | $1.5M | $1.5M | 0.3% | |
| NSTAR ELEC CO 06/01/2026 2.70% 1,500,000 Par | — | — | $1.4M | $1.5M | 0.3% | |
| PUB SVC ELEC GAS CO SECD MEDIUM TRANCHE # TR 00055 03/01/2051 3.00% 2,250,000 Par | — | — | $1.6M | $1.5M | 0.3% | |
| LSVLE GAS & ELEC 10/01/2045 4.38% 1,750,000 Par | — | — | $1.5M | $1.4M | 0.3% | |
| CONSUMERS ENERGY 11/15/2028 3.80% 1,500,000 Par | — | — | $1.5M | $1.4M | 0.3% | |
| IDA PWR CO SECD 03/01/2048 4.20% 1,750,000 Par | — | — | $1.5M | $1.4M | 0.3% | |
| PVTPL USAA CAP CORP 05/01/2030 2.13% 1,581,000 Par | — | — | $1.4M | $1.4M | 0.3% | |
| DTE ELEC CO 03/01/2031 2.63% 1,500,000 Par | — | — | $1.3M | $1.3M | 0.3% | |
| ABBOTT LABORATORIES 01/30/2028 1.15% 1,300,000 Par | — | — | $1.1M | $1.2M | 0.2% | |
| GRAINGER W INC 05/15/2046 3.75% 1,500,000 Par | — | — | $1.2M | $1.2M | 0.2% | |
| DELMARVA PWR & LT CO 05/15/2045 4.15% 1,398,000 Par | — | — | $1.2M | $1.1M | 0.2% | |
| UNITED STATES TREAS BDS DTD 00247 02/15/2046 2.50% 1,500,000 Par | — | — | $1.2M | $1.0M | 0.2% | |
| GLAXOSMITHKLINE 04/15/2034 5.38% 1,000,000 Par | — | — | $1.0M | $1.0M | 0.2% | |
| BLACKROCK INC FIXED 01/28/2031 1.90% 1,200,000 Par | — | — | $1.0M | $1.0M | 0.2% | |
| CISCO SYS INC 01/15/2040 5.50% 1,000,000 Par | — | — | $1.1M | $1.0M | 0.2% | |
| PACIFICORP 08/15/2034 5.90% 1,000,000 Par | — | — | $1.1M | $1000K | 0.2% | |
| ENTERGY ARKANSAS LLC 04/01/2049 4.20% 1,250,000 Par | — | — | $1.1M | $994K | 0.2% | |
| RALPH LAUREN CORP 09/15/2025 3.75% 1,000,000 Par | — | — | $1.0M | $992K | 0.2% | |
| BK NEW YORK MELLON CORP MEDIUM TERM TRANCHE 04/24/2025 1.60% 1,000,000 Par | — | — | $949K | $990K | 0.2% | |
| AIR PRODS & CHEMS INC 10/15/2025 1.50% 1,000,000 Par | — | — | $939K | $976K | 0.2% | |
| SHELL INTL FIN BV 11/13/2028 3.88% 1,000,000 Par | — | — | $1.0M | $972K | 0.2% | |
| DUKE ENERGY FLA FIXED 07/15/2028 3.80% 1,000,000 Par | — | — | $1.0M | $968K | 0.2% | |
| 3M CO 09/14/2028 3.63% 1,000,000 Par | — | — | $990K | $967K | 0.2% | |
| NATIONAL RURAL UTILITIES COOP FIN CORP 11/01/2028 3.90% 1,000,000 Par | — | — | $987K | $966K | 0.2% | |
| PROLOGIS INC 01/15/2033 4.63% 1,000,000 Par | — | — | $1.0M | $964K | 0.2% | |
| QUALCOMM INC 05/20/2032 4.25% 1,000,000 Par | — | — | $998K | $963K | 0.2% | |
| UTD PARCEL SVC INC 11/15/2027 3.05% 1,000,000 Par | — | — | $976K | $961K | 0.2% | |
| CATERPILLAR FINL 03/02/2026 0.90% 1,000,000 Par | — | — | $991K | $960K | 0.2% | |
| WI POWER & LIGHT CO 10/15/2027 3.05% 1,000,000 Par | — | — | $943K | $957K | 0.2% | |
| SCHWAB CHARLES CORP 05/13/2026 1.15% 1,000,000 Par | — | — | $1.0M | $955K | 0.2% | |
| COMCAST CORP NEW 02/15/2028 3.15% 1,000,000 Par | — | — | $969K | $953K | 0.2% | |
| MARS INC 07/16/2026 0.88% 1,000,000 Par | — | — | $986K | $944K | 0.2% | |
| ENTERGY MISS INC 06/01/2028 2.85% 1,000,000 Par | — | — | $941K | $938K | 0.2% | |
| INTEL CORP FIXED 03/25/2030 3.90% 1,000,000 Par | — | — | $958K | $937K | 0.2% | |
| OK GAS & ELECTRIC CO 03/15/2030 3.30% 1,000,000 Par | — | — | $932K | $920K | 0.2% | |
| NVIDIA CORP FIXED 04/01/2030 2.85% 1,000,000 Par | — | — | $944K | $916K | 0.2% | |
| ALPHABET INC 08/15/2027 0.80% 1,000,000 Par | — | — | $978K | $915K | 0.2% | |
| CATERPILLAR INS 09/19/2029 2.60% 1,000,000 Par | — | — | $928K | $911K | 0.2% | |
| TEXAS INSTRS INC 09/04/2029 2.25% 1,000,000 Par | — | — | $910K | $899K | 0.2% | |
| ANALOG DEVICES INC 10/01/2028 1.70% 1,000,000 Par | — | — | $883K | $898K | 0.2% | |
| BLACKROCK INC 04/30/2030 2.40% 1,000,000 Par | — | — | $884K | $888K | 0.2% | |
| DTE ELECTRIC CO GEN & REF MTG BD 03/01/2032 3.00% 1,000,000 Par | — | — | $927K | $878K | 0.2% | |
| DU PONT E I DE NEMOURS & CO 07/15/2030 2.30% 1,000,000 Par | — | — | $853K | $874K | 0.2% | |
| CENTERPOINT ENERGY HOUSTON ELEC LLC 03/01/2032 3.00% 1,000,000 Par | — | — | $919K | $869K | 0.2% | |
| TOLEDO EDISON CO 05/15/2037 6.15% 822,000 Par | — | — | $853K | $866K | 0.2% | |
| UNIVERSITY CHICAGO 10/01/2025 3.37% 875,000 Par | — | — | $894K | $863K | 0.2% | |
| HERSHEY CO 06/01/2030 1.70% 1,000,000 Par | — | — | $862K | $851K | 0.2% | |
| ATLANTIC CITY ELECTRIC 03/15/2031 2.30% 1,000,000 Par | — | — | $869K | $849K | 0.2% | |
| FLORIDA POWER & LIGHT CO 02/03/2032 2.45% 1,000,000 Par | — | — | $870K | $844K | 0.2% | |
| CUMMINS INC 09/01/2030 1.50% 1,000,000 Par | — | — | $827K | $837K | 0.2% | |
| PVTPL METROPOLITAN LIFE GLOBAL FDG 01/07/2031 1.55% 1,000,000 Par | — | — | $820K | $819K | 0.2% | |
| PEPSICO INC 03/19/2040 3.50% 1,000,000 Par | — | — | $878K | $808K | 0.2% | |
| OK GAS & ELEC CO 05/01/2043 3.90% 1,000,000 Par | — | — | $794K | $782K | 0.2% | |
| NIKE INC FIXED 03/27/2040 3.25% 1,000,000 Par | — | — | $856K | $772K | 0.1% | |
| PUB SVC ELEC GAS CO SECD MEDIUM TERM TRANCHE # TR 0001512/01/2036 5.70% 750,000 Par | — | — | $806K | $765K | 0.1% | |
| UNITED STATES TREAS BDS 02/15/2044 3.63% 900,000 Par | — | — | $865K | $760K | 0.1% | |
| TUCSON ELEC PWR CO 06/15/2050 4.00% 1,005,000 Par | — | — | $803K | $759K | 0.1% | |
| PVTPL METROPOLITAN LIFE GLOBAL FDG 01/06/2026 5.00% 750,000 Par | — | — | $760K | $753K | 0.1% | |
| APPLE INC 05/11/2025 1.13% 734,000 Par | — | — | $749K | $725K | 0.1% | |
| PVTPL PRICOA GLOBAL FUNDING 09/01/2026 1.20% 750,000 Par | — | — | $748K | $710K | 0.1% | |
| FANNIE MAE 10/08/2027 0.75% 750,000 Par | — | — | $747K | $681K | 0.1% | |
| NOVARTIS CAP CORP 05/06/2044 4.40% 773,000 Par | — | — | $730K | $679K | 0.1% | |
| COCA COLA CO 03/15/2028 1.00% 750,000 Par | — | — | $747K | $673K | 0.1% | |
| NORTHERN NATURAL GAS CO 10/16/2051 3.40% 1,000,000 Par | — | — | $710K | $660K | 0.1% | |
| BURL NORTHN SANTA FIXED 04/01/2025 3.00% 625,000 Par | — | — | $604K | $623K | 0.1% | |
| PVTPL PRINCIPAL LIFE GLOBAL 04/18/2026 3.00% 500,000 Par | — | — | $538K | $489K | <0.1% | |
| ONCOR ELECTRIC DELIVERY CO LLC 10/01/2025 0.55% 500,000 Par | — | — | $491K | $485K | <0.1% | |
| PNC FINANCIAL SERVICES 07/23/2026 2.60% 500,000 Par | — | — | $467K | $484K | <0.1% | |
| UNITED HEALTH GROUP 01/15/2026 1.25% 500,000 Par | — | — | $511K | $484K | <0.1% | |
| BALT GAS & ELECT CO 08/15/2026 2.40% 500,000 Par | — | — | $463K | $482K | <0.1% | |
| PACCAR FINANCIAL CORP 05/11/2026 1.10% 500,000 Par | — | — | $503K | $477K | <0.1% | |
| PHILIP MORRIS INTL 05/01/2026 0.88% 500,000 Par | — | — | $499K | $476K | <0.1% | |
| AMAZON COM INC 06/03/2027 1.20% 500,000 Par | — | — | $508K | $463K | <0.1% | |
| CHARLES SCHWAB CORP 10/01/2029 2.75% 500,000 Par | — | — | $450K | $455K | <0.1% | |
| WISCONSIN ELECTRIC POWER CO 06/15/2028 1.70% 500,000 Par | — | — | $509K | $453K | <0.1% | |
| SALESFORCE.COM INC 07/15/2028 1.50% 500,000 Par | — | — | $502K | $449K | <0.1% | |
| PVTPL. QUALCOMM INC NT 05/20/2028 1.30% 500,000 Par | — | — | $507K | $449K | <0.1% | |
| DUKE ENERGY CAROLINAS LLC 02/01/2030 2.45% 500,000 Par | — | — | $540K | $445K | <0.1% | |
| NVIDIA CORP FIXED 06/15/2031 2.00% 500,000 Par | — | — | $498K | $425K | <0.1% | |
| TUCSON ELECTRIC PWR CO 08/01/2030 1.50% 500,000 Par | — | — | $498K | $413K | <0.1% | |
| PVTPL. NEW YORK LIFE GLOBAL FDG MED TERM 08/07/2030 1.20% 500,000 Par | — | — | $485K | $411K | <0.1% | |
| PRIN LIFE GLOBAL FDG II GLOBAL TRANCHE 08/27/2030 1.50% 500,000 Par | — | — | $497K | $408K | <0.1% | |
| INTEL CORPORATION 08/12/2031 2.00% 500,000 Par | — | — | $500K | $403K | <0.1% | |
| US TREASURY N/B 08/15/2031 1.25% 450,000 Par | — | — | $374K | $367K | <0.1% | |
| PVTPL ROCHE HOLDINGS INC GTD NT 01/28/2027 2.38% 300,000 Par | — | — | $317K | $287K | <0.1% | |
| UNITED STATES OF AMER TREAS BONDS 05/15/2052 2.88% 400,000 Par | — | — | $339K | $280K | <0.1% | |
| UNITED STATES OF AMER TREAS NOTES 05/31/2027 2.63% 225,000 Par | — | — | $214K | $217K | <0.1% | |
| JOHNSON & JOHNSON 09/01/2030 1.30% 250,000 Par | — | — | $250K | $210K | <0.1% | |
| UNITED STATES TREAS BDS DTD 05/15/2048 3.13% 150,000 Par | — | — | $133K | $113K | <0.1% | |
| UNITED STATES TREAS BDS 02/15/2047 3.00% 150,000 Par | — | — | $130K | $111K | <0.1% | |
| US TREASURY N/B 02/15/2050 2.00% 160,000 Par | — | — | $113K | $93K | <0.1% |