Original filing (PDF)20251014101805NAL0003602448001

THE BOARD OF TRUSTEES OF THE UNION INDIVIDUAL ACCOUNT RETIREMENT FUND

Name: THE BOARD OF TRUSTEES OF THE UNION INDIVIDUAL ACCOUNT RETIREMENT FUND — UNION INDIVIDUAL ACCOUNT RETIREMENT FUND, Form 5500 (2024)
Creator: THE BOARD OF TRUSTEES OF THE UNION INDIVIDUAL ACCOUNT RETIREMENT FUND

Form 5500

FILING_RECEIVED

UNION INDIVIDUAL ACCOUNT RETIREMENT FUND

Defined-contribution retirement plan

Signals · 2

No recordkeeper disclosed13 service providers

Active participants

3,756

Accounts w/ balance

3,698

Plan assets (EOY)

$309.5M

Net assets (EOY)

$309.3M

How this plan invests

This plan

2 pooled trusts

Schedule D

408 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 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

Vendor stack

Participation health

100

Knocking points off

37 bps in Schedule C fees — 275% above peer band of 10 bps.
No recordkeeper disclosed on Schedule C.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE BOARD OF TRUSTEES OF THE UNION INDIVIDUAL ACCOUNT RETIREMENT FUND.

Plan sponsor

Name

THE BOARD OF TRUSTEES OF THE UNION INDIVIDUAL ACCOUNT RETIREMENT FUND

EIN

39-1318667

Address

12034 W. ADLER LANE · MILWAUKEE, WI · 532141006

Phone

(800) 272-4248

Industry

Constructionsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-14

Pension benefit codes

2E · Profit-sharing

Audit & trust (Schedule H)

Auditor

SIKICH CPA LLC

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

13 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
MILLIMAN	91-0675641	—	NONE	$212K	—
BENEFITS MANAGEMENT GROUP, INC.	20-0188125	OAK BROOK, IL	NONE	$161K	—
ULLICO INVESTMENT ADVISORS INC	52-6435649	—	NONE	$156K	—
AMERICAN REALTY ADVISORS	33-0123114	—	NONE	$115K	—
REINHART BOERNER VAN DEUREN SC	39-1126909	—	NONE	$91K	—
BENTALLGREENOAK	83-6177544	—	NONE	$88K	—
SEGALL BRYANT & HAMILL	41-1788385	—	NONE	$77K	—
IFM GLOBAL INFRASTRUCTURE, L.P.	—	WILMINGTON, DE	NONE	$68K	—
INCOME RESEARCH & MANAGEMENT	04-2955404	—	NONE	$66K	—
MARQUETTE ASSOCIATES	36-3485298	—	NONE	$40K	—
MATRIX TRUST COMPANY	75-3182674	—	NONE	$33K	—
COMBINED CRAFTS STATEWIDE	39-1400101	—	NONE	$28K	—
SIKICH CPA LLC	54-1172176	—	NONE	$24K	—

Investments

369 direct securities · 2 pooled funds· $298.5M(96% 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

$257.3M

358 holdings

103-12 Investment Entity

$10.2M

1 holding

Real Estate

$10.0M

1 holding

OTHER

$9.8M

1 holding

Common Collective Trust

$9.8M

1 holding

Corporate Bonds

$1.1M

8 holdings

Mutual Funds

$293K

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
The Vanguard Group, Inc. Total Stock Market Index Fund	—	—	$39.0M	$69.5M	22.5%
Carillon Scout Mid Cap R-6	—	—	$33.6M	$32.3M	10.4%
Pimco All Asset Fund	—	—	$21.7M	$28.2M	9.1%
Robert W. Baird & Co. Aggregate Bond Institutional	—	—	$21.3M	$19.8M	6.4%
Parametric Volatility Rsk Premium Defensive Fund	—	—	$11.3M	$12.5M	4.0%
ULLICO INFRASTRUCTURE TAX-EXEMPT FD ULLICO INVESTMENT ADVISORS · EIN 90-0622302 / PN 001	103-12 Investment Entity	—	$7.9M	$10.2M	3.3%
Fund American Core Realty Fund Core Property Fund	Real Estate	—	$7.6M	$10.0M	3.2%
IFM Global Infrastructure (US), LP	OTHER	—	$9.0M	$9.8M	3.2%
BGO DAILY VALUE FUND NEWTOWER TRUST COMPANY · EIN 83-6177544 / PN 001	Common Collective Trust	—	$9.1M	$9.8M	3.2%
The Vanguard Group, Inc. Federal Money Market Investor	—	—	$6.8M	$6.8M	2.2%
The Vanguard Group, Inc. Target Retirement 2045 Fund	—	—	$6.1M	$6.6M	2.1%
The Vanguard Group, Inc. Target Retirement 2065 Fund	—	—	$4.9M	$5.4M	1.8%
US Treasury When Issued Note/Bond 3,562,000, 4.000%, due 07/31/29	—	—	$3.6M	$3.5M	1.1%
Harbor Funds Distributors, Inc. International Small Cap Fund	—	—	$2.4M	$3.0M	1.0%
The Vanguard Group, Inc. Target Retirement 2060 Fund	—	—	$2.6M	$2.9M	0.9%
The Vanguard Group, Inc. Target Retirement 2055 Fund	—	—	$2.3M	$2.6M	0.8%
The Vanguard Group, Inc. Target Retirement 2050 Fund	—	—	$1.9M	$2.1M	0.7%
U.S. Treasury Note/Bond 2,001,000, 4.375%, due 08/31/28	—	—	$2.0M	$2.0M	0.6%
The Vanguard Group, Inc. Target Retirement 2035 Fund	—	—	$1.8M	$1.9M	0.6%
The Vanguard Group, Inc. Federal Money Market Investor	—	—	$1.9M	$1.9M	0.6%
The Vanguard Group, Inc. Target Retirement 2040 Fund	—	—	$1.7M	$1.8M	0.6%
US Treasury When Issued Note/Bond 1,228,000, 4.625%, due 04/30/29	—	—	$1.2M	$1.2M	0.4%
Cohen & Steers Institutional Realty Shares, Inc.	—	—	$1.2M	$1.1M	0.4%
U.S. Treasury Note/Bond 652,000, 4.000%, due 01/31/29	—	—	$1.1M	$1.1M	0.3%
Hartford Funds International Opportunities Fund	—	—	$856K	$975K	0.3%
The Vanguard Group, Inc. Target Retirement 2030 Fund	—	—	$953K	$959K	0.3%
Fidelity Investments Inflation-Protected Bond Index Fund	—	—	$698K	$799K	0.3%
The Vanguard Group, Inc. Target Retirement 2025 Fund	—	—	$860K	$797K	0.3%
US Treasury Note/Bond 815,000, 3.375%, due 05/15/33	—	—	$787K	$749K	0.2%
US Treasury Note/Bond 730,000, 4.125%, due 11/15/32	—	—	$743K	$712K	0.2%
US Treasury Notes 860,000, 1.250%, due 08/15/31	—	—	$777K	$702K	0.2%
US Treasury Note/Bond 810,000, 0.625%, due 08/15/30	—	—	$755K	$658K	0.2%
US Treasury Note/Bond 795,000, 1.125%, due 02/15/31	—	—	$735K	$656K	0.2%
US Treasury Note/Bond 710,000, 2.375%, due 05/15/29	—	—	$721K	$655K	0.2%
US Treasury Note/Bond 680,000, 2.750%, due 02/15/28	—	—	$720K	$650K	0.2%
US Treasury Note/Bond 730,000, 2.750%, due 08/15/32	—	—	$659K	$648K	0.2%
U.S. Government and Agency Obligations (Continued) U.S. Treasury Note/Bond 652,000, 4.000%, due 02/15/34 $	—	—	$633K	$625K	0.2%
US Treasury When Issued Note/Bond 586,000, 4.125%, due 08/15/34	—	—	$572K	$555K	0.2%
US Treasury Note/Bond 525,000, 2.000%, due 11/15/26	—	—	$517K	$504K	0.2%
US Treasury Note/Bond 515,000, 4.000%, due 02/15/34	—	—	$500K	$493K	0.2%
FNMA Note 580,000, 0.875%, due 08/05/30	—	—	$539K	$479K	0.2%
The Vanguard Group, Inc. Target Retirement Income Fund	—	—	$543K	$469K	0.2%
US Treasury Note/Bond 440,000, 4.375%, due 11/30/30	—	—	$447K	$439K	0.1%
FNMA Note 360,000, 6.625%, due 11/15/30	—	—	$436K	$400K	0.1%
U.S. Treasury Note/Bond 415,000, 3.875%, due 08/15/33	—	—	$398K	$395K	0.1%
Freddie Mac Sb8303 371,740.310, 5.000%, due 05/01/39	—	—	$374K	$370K	0.1%
Freddie Mac Sb8191 349,289.190, 4.500%, due 10/01/37	—	—	$348K	$342K	0.1%
US Treasury Note/Bond 350,000, 1.500%, due 08/15/26	—	—	$333K	$335K	0.1%
Capital One Multi-Asset Execut 2022-A1 A1 335,000.000, 2.800%, due 03/15/27	—	—	$333K	$334K	0.1%
Federal Home Loan Mortgage Corp 300,000, 6.250%, due 07/15/32	—	—	$342K	$332K	0.1%
Cash and Cash Equivalents Blackrock, Inc. Liquid Funds Adm	—	—	$327K	$327K	0.1%
US Treasury Note/Bond 375,000, 1.500%, due 02/15/30	—	—	$366K	$326K	0.1%
US Treasury When Issued Note/Bond 340,000, 3.125%, due 11/15/28	—	—	$336K	$325K	0.1%
US Treasury Note/Bond 320,000, 2.000%, due 02/15/25	—	—	$310K	$319K	0.1%
Flordia Power & Light Co 310,000, 5.050%, due 04/01/28	—	—	$311K	$317K	0.1%
Illinois Tool Works Inc. 320,000, 2.650%, due 11/15/26	—	—	$310K	$311K	0.1%
Cintas Corporation No. 2 315,000, 3.700%, due 04/01/27	—	—	$326K	$309K	<0.1%
Mondelez International 310,000, 2.625%, due 03/17/27	—	—	$291K	$297K	<0.1%
Kimberly-Clark Corp, 300,000, 3.950%, due 11/01/28	—	—	$315K	$294K	<0.1%
American Funds International Growth and Income Fund	Mutual Funds	—	$303K	$293K	<0.1%
FNMA Note 300,000, 0.375%, due 08/25/25	—	—	$299K	$293K	<0.1%
US Treasury Note/Bond 295,000, 4.125%, due 07/31/31	—	—	$306K	$289K	<0.1%
Pepsico Inc. 315,000, 2.750%, due 03/19/30	—	—	$308K	$286K	<0.1%
Republic Services Inc. 290,000, 3.950%, due 05/15/28	—	—	$278K	$283K	<0.1%
Hershey Company 280,000, 3.200%, due 08/21/25	—	—	$298K	$277K	<0.1%
and Debentures Abbott Laboratories 280,000, 3.750%, due 11/30/26	Corporate Bonds	—	$305K	$277K	<0.1%
Amphenol Corp 275,000, 4.750%, due 03/30/26	—	—	$274K	$275K	<0.1%
Fannie Mae Ma5145 268,449.460, 6.000%, due 09/01/38	—	—	$271K	$273K	<0.1%
Avery Dennison Corp. 270,000, 4.875%, due 12/06/28	—	—	$287K	$270K	<0.1%
U.S. Treasury Note/Bond 265,000, 4.375%, due 07/31/26	—	—	$267K	$266K	<0.1%
Comcast Corp 275,000, 4.250%, due 10/15/30	—	—	$268K	$265K	<0.1%
DFA Investment Trust Company Emerging Markets Core Equity Portfolio	—	—	$262K	$262K	<0.1%
Fannie Mae Ma4713 272,081.320, 4.000%, due 07/01/37	—	—	$271K	$262K	<0.1%
Blackstone Reg Finance 269,000, 5.000% , due 12/06/34	—	—	$268K	$260K	<0.1%
Caterpillar Finl Service 260,000, 4.350%, due 05/15/26	—	—	$258K	$260K	<0.1%
Eli Lilly & Co. 255,000, 4.500%, due 02/09/27	—	—	$255K	$256K	<0.1%
Royal Bank of Canada 268,000, 2.050%, due 01/21/27	—	—	$268K	$254K	<0.1%
Canadian Natl Railway 235,000, 6.900%, due 07/15/28	—	—	$291K	$251K	<0.1%
Apple Inc. 260,000, 2.050%, due 09/11/26	—	—	$266K	$250K	<0.1%
Union Pacific Rr 2014-1 255,841.090, 3.227%, due 05/14/26	—	—	$257K	$250K	<0.1%
Georgia Power Co 250,000, 4.650%, due 05/15/28	—	—	$250K	$249K	<0.1%
O'Reilly Automotive Inc 255,000, 3.900%, due 06/01/29	—	—	$244K	$245K	<0.1%
Lockheed Martin Corp 245,000, 4.500%, due 02/15/29	—	—	$245K	$243K	<0.1%
Georgia-Pacific Llc. 230,000, 7.375%, due 12/01/25	—	—	$265K	$236K	<0.1%
and Debentures (Continued) Kenvue Inc 230,000, 5.350%, due 03/22/26 $	Corporate Bonds	—	$231K	$232K	<0.1%
U.S. Government and Agency Obligations (Continued) Fannie Mae Ma4825 233,323.430, 5.000%, due 10/01/37 $	—	—	$233K	$232K	<0.1%
Fidelity Investments Total Market Index Fund	—	—	$228K	$231K	<0.1%
Molson Coors Brewing Co. 100,000, 3.000%, due 07/15/26	—	—	$228K	$229K	<0.1%
Simon Property Group LP 235,000, 3.375%, due 06/15/27	—	—	$239K	$228K	<0.1%
HCA Inc 225,000, 5.875%, due 02/15/26	—	—	$226K	$227K	<0.1%
Amazon.com Inc. 225,000. 3.150%, due 08/22/27	—	—	$234K	$217K	<0.1%
Brookfield Finance Inc 205,000, 6.350%, due 01/05/34	—	—	$216K	$217K	<0.1%
Eaton Corp 225,000, 4.150%, due 03/15/33	—	—	$214K	$212K	<0.1%
FHLMC Multifamily Structured 240,000, 2.920%, due 06/25/32	—	—	$216K	$211K	<0.1%
Wells Fargo & Company 215,000, 3.000%, due 04/22/26	—	—	$203K	$210K	<0.1%
Adobe Inc. 205,000, 4.800%, due 04/04/29	—	—	$204K	$206K	<0.1%
Abbvie Inc. 205,000, 4.950%, due 03/15/31	—	—	$205K	$205K	<0.1%
Ing Groep Nv 200,000, 5.335%, due 03/19/30	—	—	$205K	$201K	<0.1%
T-Mobile USA Inc. 200,000, 3.500%, due 04/15/25	—	—	$208K	$199K	<0.1%
Ecolab Inc. 195,000, 5.250%, due 01/15/28	—	—	$198K	$199K	<0.1%
United Parcel Service 200,000, 4.875%, due 03/03/33	—	—	$202K	$198K	<0.1%
Freddie Mac Sb8217 197,568.660, 5.000%, due 03/01/38	—	—	$197K	$197K	<0.1%
Wisconsin Electric Power 195,000, 5.000%, due 05/15/29	—	—	$196K	$196K	<0.1%
Freddie Mac Sb8220 193,509.940, 5.500%, due 02/01/38	—	—	$192K	$195K	<0.1%
Freddie Mac Sb8184 202,364.900, 4.000%, due 09/01/37	—	—	$201K	$194K	<0.1%
Oge Energy Corp 190,000, 5.450%, due 05/15/29	—	—	$192K	$193K	<0.1%
FHLMC Multifamily Structured 192,000, 3.303%, due 11/25/27	—	—	$194K	$185K	<0.1%
PG&E Energy Reovery Fnd 203,048.520, 1.460%, due 07/15/31	—	—	$195K	$184K	<0.1%
DFA Investment Trust Company US Small Cap Portfolio	—	—	$179K	$180K	<0.1%
Public Service Electric 180,000, 5.200%, due 03/01/34	—	—	$181K	$179K	<0.1%
Home Depot Inc 175,000, 4.950%, due 09/30/26	—	—	$175K	$177K	<0.1%
Darden Restaurants Inc. 180,000, 3.850%, due 05/01/27	—	—	$176K	$176K	<0.1%
Duke Energy Carolinas 180,000, 4.850%, due 01/15/34	—	—	$179K	$175K	<0.1%
Canadian Pacific Rr Co. 180,000, 4.000%, due 06/01/28	—	—	$177K	$175K	<0.1%
Foreign Obligations Quebec Province 170,000, 6.350%, due 01/30/26 $	—	—	$201K	$173K	<0.1%
Emerson Electric Co. 185,000, 1.800%, due 10/15/27	—	—	$183K	$172K	<0.1%
Morgan Stanley 172,000, 3.875%, due 01/27/26	—	—	$174K	$171K	<0.1%
Robert W. Baird & Co. Intermediate Bond Fund Institutional	—	—	$158K	$170K	<0.1%
Fannie Mae Ma4991 168,489.860, 5.500%, due 04/01/38	—	—	$169K	$170K	<0.1%
Connecticut Light & Power 175,000, 0.750%, due 12/01/25	—	—	$168K	$169K	<0.1%
and Debentures (Continued) Allstate Corp. 175,000, 0.750%, due 12/15/25 $	Corporate Bonds	—	$171K	$169K	<0.1%
Cboe Global Markets Inc. 200,000, 1.625%, due 12/15/30	—	—	$191K	$166K	<0.1%
Bank of America Corp. 173,000, 3.419%, due 12/20/28	—	—	$182K	$166K	<0.1%
Chicago IL Midway Arpt Revenue 165,000, 4.465%, due 01/01/25	—	—	$164K	$165K	<0.1%
Automatic Data Processing 180,000, 1.700%, due 05/15/28	—	—	$177K	$164K	<0.1%
Goldman Sachs Group Inc 170,000, 3.691%, due 06/05/28	—	—	$161K	$163K	<0.1%
Progressive Corp. 185,000, 3.000%, due 03/15/32	—	—	$162K	$163K	<0.1%
Bank5 2023-5Yr2 A3 154,000, 6.656%, due 07/15/56	—	—	$162K	$161K	<0.1%
Freddie Mac Sb0661 175,881.450, 2.500%, due 04/01/37	—	—	$163K	$160K	<0.1%
Roper Technologies Inc. 165,000, 4.750%, due 02/15/32	—	—	$165K	$160K	<0.1%
Nebraska St. Public Pwr Dist Re 165,000, 2.493%, due 01/01/27	—	—	$169K	$159K	<0.1%
Unitedhealth Group Inc 158,000, 4.800%, due 01/15/30	—	—	$160K	$157K	<0.1%
Public Storage 155,000, 5.100%, due 08/01/33	—	—	$156K	$154K	<0.1%
The Vanguard Group, Inc. Target Retirement 2020 Fund	—	—	$181K	$153K	<0.1%
Delta Air Lines 2020-Aa 165,920.500, 2.000%, due 06/10/28	—	—	$153K	$153K	<0.1%
Brown-Forman Corp 155,000, 4.750%, due 04/15/33	—	—	$156K	$151K	<0.1%
Texas Instruments Inc. 150,000, 4.600%, due 02/08/27	—	—	$150K	$151K	<0.1%
Intel Corp 155,000, 3.750%, due 08/05/27	—	—	$154K	$150K	<0.1%
TVA Note 150,000, 0.750%, due 05/15/25	—	—	$152K	$148K	<0.1%
Bank of America Corp. 150,000, 3.824%, due 01/20/28	—	—	$162K	$147K	<0.1%
Principal Funds, Inc. High Income Fund	—	—	$153K	$147K	<0.1%
FHLMC Multifamily Structured 148,967.220, 2.673%, due 03/25/26	—	—	$152K	$146K	<0.1%
Cummins Inc. 145,000, 5.150%, due 02/20/34	—	—	$146K	$145K	<0.1%
Toronto-Dominion Bank 147,000, 1.150%, due 06/12/25	—	—	$144K	$145K	<0.1%
Small Business Administration 2024-10A 1 144,574.060, 5.035%, due 03/10/34	—	—	$147K	$143K	<0.1%
Chevron USA Inc. 155,000, 1.018%, due 08/12/27	—	—	$155K	$142K	<0.1%
Quanta Services Inc 140,000, 4.750%, due 08/09/27	—	—	$140K	$140K	<0.1%
Capital One Prime Auto Receiva 2024-1 A3 139,000, 4.620%, due 07/16/29	—	—	$139K	$139K	<0.1%
FHLMC Multifamily Structured 140,000, 2.995%, due 12/25/25	—	—	$138K	$138K	<0.1%
New York St Urban Dev Corp Rev 140,000, 3.270%, due 03/15/28	—	—	$136K	$135K	<0.1%
Verizon Master Trust 2024-6 A1A 135,000, 4.170% due 08/20/30	—	—	$135K	$134K	<0.1%
Fannie Mae Fm8444 149,750.160, 2.000%, due 06/01/36	—	—	$135K	$133K	<0.1%
Ameren Missouri Sec Fu I 135,000, 4.850%, due 10/01/39	—	—	$135K	$132K	<0.1%
Morgan Stanley Capital I Trust 144,084.370, 3.005%, due 07/17/52	—	—	$134K	$132K	<0.1%
Arthur J Gallagher & Co 134,000, 5.000%, due 02/15/32	—	—	$134K	$132K	<0.1%
Small Business Admin 2024-25J 1 135,000, 4.760%, due 10/01/49	—	—	$135K	$132K	<0.1%
Paccar Financial Corp. 75,000, 4.450%, due 08/06/27	—	—	$130K	$132K	<0.1%
Home Depot Inc 130,000, 5.150%, due 06/25/26	—	—	$131K	$131K	<0.1%
WEC Energy Group Inc. 143,000, 1.375%, due 10/15/27	—	—	$143K	$131K	<0.1%
Florida Power & Light Co 130,000, 5.100%, due 04/01/33	—	—	$132K	$129K	<0.1%
WW Grainger Inc. 135,000, 4.450%, due 09/15/34	—	—	$135K	$128K	<0.1%
Fannie Mae Fs8159 139,857.400, 2.500%, due 07/01/37	—	—	$131K	$128K	<0.1%
Citibank Credit Card Issuance 2023-A1 A1 127,000, 5.230%, due 10/08/27	—	—	$127K	$128K	<0.1%
US Bancorp 125,000, 5.836%, due 06/12/34	—	—	$131K	$127K	<0.1%
Air Products & Chemicals 130,000, 4.850%, due 02/08/34	—	—	$130K	$127K	<0.1%
Verizon Master Trust 2024-6 A1A 128,000, 4.170%, due 08/20/30	—	—	$128K	$127K	<0.1%
Fannie Mae Fs8158 137,916.960, 2.500%, due 07/01/37	—	—	$130K	$127K	<0.1%
Metro Wstwtr Reclamation Distc 130,000, 2.363%, due 04/01/27	—	—	$130K	$125K	<0.1%
Home Depot Inc. 130,000, 2.500%, due 04/15/27	—	—	$137K	$124K	<0.1%
Benchmark Mortgage Trust 2019-B12 A2 127,192.860, 3.001%, due 08/15/52	—	—	$131K	$124K	<0.1%
Honolulu City & Cnty Hi Wstwtr 125,000, 2.316%, due 07/01/25	—	—	$125K	$124K	<0.1%
Freddie Mac Sb8293 123,583.800, 5.000%, due 04/01/39	—	—	$123K	$123K	<0.1%
Nissan Auto Lease Trust 2024-B A3 121,000, 4.920%, due 11/15/27	—	—	$121K	$122K	<0.1%
US Treasury Inflation Indexed Bond 133,727.740, 0.125%, due 01/15/30	—	—	$116K	$122K	<0.1%
U.S. Government and Agency Obligations (Continued) Freddie Mac Sb8186 124,016.700, 4.500%, due 09/01/37 $	—	—	$126K	$121K	<0.1%
and Debentures (Continued) Exxon Mobil Corporation 123,000, 3.043%, due 03/01/26	Corporate Bonds	—	$122K	$121K	<0.1%
Oracle Corp. 115,000, 6.150%, due 11/09/29	—	—	$119K	$121K	<0.1%
Dallas-Fort Worth Tx International 125,000, 2.256%, due 11/01/26	—	—	$125K	$120K	<0.1%
FHLMC Multifamily Structured 120,620.810, 3.750%, due 08/25/25	—	—	$130K	$120K	<0.1%
Allergion US Holding Co. 119,000, 5.600%, due 05/29/34	—	—	$118K	$120K	<0.1%
Analog Devices Inc. 120,000, 2.950%, due 04/01/25	—	—	$128K	$120K	<0.1%
Truist Financial Corp 118,000, 5.711%, due 01/24/35	—	—	$120K	$119K	<0.1%
CNHnh Industrial Cap LLC 125,000, 1.450%, due 07/15/26	—	—	$114K	$119K	<0.1%
Commonwealth Edison Co. 123,000, 3.700%, due 08/15/28	—	—	$124K	$119K	<0.1%
Banks 2023-5YR1 20560315 114,000, 6.260%, due 03/15/56	—	—	$118K	$118K	<0.1%
Small Business Admin 2024-25F 1 120,197.240, 5.040%, due 06/01/49	—	—	$120K	$118K	<0.1%
Consumers 23 Secure Fund 116,000, 5.210%, due 09/01/30	—	—	$116K	$117K	<0.1%
Virginia Power Fuel Sec 117,000, 4.877%, due 05/01/31	—	—	$117K	$117K	<0.1%
GM Financial Securitized Term 2024-1 A3 115,000, 4.850%, due 12/18/28	—	—	$115K	$116K	<0.1%
Applied Materials Inc. 115,000, 4.800%, due 06/15/29	—	—	$115K	$115K	<0.1%
Xylem Inc. 135,000, 2.250%, due 01/30/31	—	—	$115K	$115K	<0.1%
Prudential Financial Inc. 119,000, 1.500%, due 03/10/26	—	—	$118K	$115K	<0.1%
Vulcan Materials Co. 115,000, 4.950%, due 12/01/29	—	—	$115K	$115K	<0.1%
Five 2023-V1 A3 112,000, 5.668%, due 02/10/56	—	—	$115K	$114K	<0.1%
Virginia St Resources Auth Inf 120,000, 2.530%, due 11/01/28	—	—	$120K	$112K	<0.1%
Mastercard Inc. 114,000, 3.300%, due 03/26/27	—	—	$114K	$111K	<0.1%
PG&E Wildfire Recovery 114,714.830, 3.594%, due 06/01/30	—	—	$113K	$111K	<0.1%
World Omni Auto Receivables Tr 2024-C A3 111,000, 4.430%, due 12/17/29	—	—	$111K	$111K	<0.1%
Small Business Admin 2024-25C 1 111,086.350, 4.970%, due 03/01/49	—	—	$111K	$109K	<0.1%
Costco Wholesale Corp. 127,000, 1.600%, due 04/20/30	—	—	$127K	$109K	<0.1%

Showing top 200 of 371 investments by value.