Aerospace & Defense — 1.6%

Boeing Co. (The)

United Technologies Corp.⁽¹⁾

Air Freight & Logistics — 1.7%

C.H. Robinson Worldwide, Inc.

Automobiles — 1.1%

Honda Motor Co., Ltd.⁽¹⁾

Toyota Motor Corp.⁽¹⁾

Banks — 14.4%

Banco Bilbao Vizcaya Argentaria SA

Bank of America Corp.

BNP Paribas SA

Citigroup, Inc.⁽¹⁾

Intesa Sanpaolo SpA

JPMorgan Chase & Co.⁽¹⁾

Lloyds Banking Group PLC⁽²⁾

Mitsubishi UFJ Financial Group, Inc.

Mizuho Financial Group, Inc.

Natixis

PNC Financial Services Group, Inc. (The)⁽¹⁾

Regions Financial Corp.

Skandinaviska Enskilda Banken AB, Class A

Societe Generale

SunTrust Banks, Inc.

Unione di Banche Italiane ScpA

Westpac Banking Corp.

Beverages — 2.4%

Anheuser-Busch InBev NV⁽¹⁾

Constellation Brands, Inc., Class A⁽²⁾

Diageo PLC

Biotechnology — 1.1%

Biogen Idec, Inc.⁽²⁾

Celgene Corp.⁽²⁾

Gilead Sciences, Inc.⁽²⁾

Capital Markets — 0.7%

Charles Schwab Corp. (The)

UBS AG

Chemicals — 4.3%

Arkema SA

BASF SE

E.I. du Pont de Nemours & Co.

LyondellBasell Industries NV, Class A⁽¹⁾

Monsanto Co.

PPG Industries, Inc.⁽¹⁾

Commercial Services & Supplies — 0.5%

Brambles, Ltd.

Communications Equipment — 2.0%

QUALCOMM, Inc.⁽¹⁾

Telefonaktiebolaget LM Ericsson, Class B⁽¹⁾

Construction & Engineering — 0.5%

Vinci SA

Consumer Finance — 2.5%

American Express Co.

Discover Financial Services⁽¹⁾

Containers & Packaging — 0.4%

Amcor, Ltd.

Diversified Telecommunication Services — 2.7%

Deutsche Telekom AG

Nippon Telegraph & Telephone Corp.

Verizon Communications, Inc.

Electric Utilities — 0.9%

NextEra Energy, Inc.

Electrical Equipment — 2.1%

Emerson Electric Co.

Mitsubishi Electric Corp.

Rockwell Automation, Inc.

Electronic Equipment, Instruments & Components — 1.0%

Corning, Inc.

Energy Equipment & Services — 0.6%

FMC Technologies, Inc.⁽²⁾

Food & Staples Retailing — 1.0%

Costco Wholesale Corp.

Food Products — 2.4%

Hershey Co. (The)

Mondelez International, Inc., Class A⁽¹⁾

Health Care Equipment & Supplies — 2.0%

Abbott Laboratories

Covidien PLC

Medtronic, Inc.

Hotels, Restaurants & Leisure — 0.8%

Accor SA

Compass Group PLC

Household Durables — 0.4%

Mohawk Industries, Inc.⁽²⁾

Household Products — 1.3%

Reckitt Benckiser Group PLC

Svenska Cellulosa AB SCA, Class B

Industrial Conglomerates — 2.5%

Danaher Corp.

Koninklijke Philips NV

Siemens AG

Insurance — 4.4%

ACE, Ltd.

Aflac, Inc.⁽¹⁾

Allianz SE

AXA SA⁽¹⁾

MetLife, Inc.

Prudential PLC

Internet & Catalog Retail — 1.1%

Amazon.com, Inc.⁽¹⁾⁽²⁾

Internet Software & Services — 1.4%

Facebook, Inc., Class A⁽¹⁾⁽²⁾

Google, Inc., Class C⁽²⁾

IT Services — 1.0%

Fiserv, Inc.⁽²⁾

Visa, Inc., Class A

Machinery — 1.7%

Caterpillar, Inc.

Media — 3.4%

Comcast Corp., Class A

Live Nation Entertainment, Inc.⁽²⁾

Walt Disney Co. (The)⁽¹⁾

WPP PLC⁽¹⁾

Metals & Mining — 0.9%

Freeport-McMoRan, Inc.⁽¹⁾

Multi-Utilities — 2.0%

National Grid PLC⁽¹⁾

Sempra Energy⁽¹⁾

Multiline Retail — 1.0%

Dollar General Corp.⁽²⁾

Macy’s, Inc.

Oil, Gas & Consumable Fuels — 9.6%

Chevron Corp.⁽¹⁾

Devon Energy Corp.

Exxon Mobil Corp.

Occidental Petroleum Corp.⁽¹⁾

Phillips 66⁽¹⁾

Range Resources Corp.

Statoil ASA

Total SA

Paper & Forest Products — 0.5%

International Paper Co.

Pharmaceuticals — 10.6%

Astellas Pharma, Inc.

AstraZeneca PLC⁽¹⁾

Bayer AG

Chugai Pharmaceutical Co., Ltd.

Johnson & Johnson

Merck & Co., Inc.

Novartis AG

Roche Holding AG PC⁽¹⁾

Sanofi⁽¹⁾

Shire PLC ADR

Takeda Pharmaceutical Co., Ltd.

Real Estate Investment Trusts (REITs) — 1.4%

AvalonBay Communities, Inc.⁽¹⁾

Goodman Group

Semiconductors & Semiconductor Equipment — 0.3%

NXP Semiconductors NV⁽²⁾

Software — 1.2%

Microsoft Corp.⁽¹⁾

Specialty Retail — 2.7%

AutoNation, Inc.⁽²⁾

Home Depot, Inc. (The)⁽¹⁾

Industria de Diseno Textil SA⁽¹⁾

Kingfisher PLC⁽¹⁾

Technology Hardware, Storage & Peripherals — 2.4%

Apple, Inc.⁽¹⁾

Lenovo Group, Ltd.

Textiles, Apparel & Luxury Goods — 1.9%

Adidas AG⁽¹⁾

Compagnie Financiere Richemont SA, Class A

NIKE, Inc., Class B

Pandora A/S

Tobacco — 2.6%

Altria Group, Inc.

British American Tobacco PLC

Japan Tobacco, Inc.

Total Common Stocks
(identified cost $326,220,229)

Preferred Stocks — 21.8%

Banks — 10.4%

AgriBank FCB, 6.875% to 1/1/24⁽³⁾

Banco Santander SA, 5.95% to 1/30/19⁽³⁾⁽⁴⁾

Bank of America Corp., Series U, 5.20% to 6/1/23⁽³⁾

Barclays Bank PLC, 8.25% to 12/15/18⁽³⁾

Citigroup, Inc., Series K, 6.875% to 11/15/23⁽³⁾

CoBank ACB, Series F, 6.25% to 10/1/22⁽³⁾⁽⁴⁾

Deutsche Bank Contingent Capital Trust III, 7.60%

Farm Credit Bank of Texas, 6.75% to 9/15/23⁽³⁾⁽⁴⁾

Farm Credit Bank of Texas, Series 1, 10.00%

First Tennessee Bank, 3.75% ⁽⁴⁾⁽⁵⁾

HSBC Capital Funding LP, Series 2, 10.176% to 6/30/30^(1)(3)(4)

JPMorgan Chase & Co., Series O, 5.50%

JPMorgan Chase & Co., Series Q, 5.15% to 5/1/23⁽³⁾

JPMorgan Chase & Co., Series R, 6.00% to 8/1/23⁽³⁾

KeyCorp, Series A, 7.75%

Lloyds Banking Group PLC, 6.657% to 5/21/37^(1)(3)(4)

Regions Financial Corp., Series A, 6.375%

Royal Bank of Scotland Group PLC, Series 1, 7.648% to 9/30/31⁽³⁾

Royal Bank of Scotland Group PLC, Series S, 6.60%

Societe Generale, 7.875% to 12/18/23⁽³⁾⁽⁴⁾

Standard Chartered PLC, 7.014% to 7/30/37^(1)(3)(4)

SunTrust Banks, Inc., Series E, 5.875%

Synovus Financial Corp., Series C, 7.875% to 8/1/18⁽³⁾

Texas Capital Bancshares, Inc., 6.50%

Texas Capital Bancshares, Inc., Series A, 6.50%

Webster Financial Corp., Series E, 6.40%

Wells Fargo & Co., Series L, 7.50%

Wells Fargo & Co., Series T, 6.00%

Zions Bancorporation, Series G, 6.30% to 3/15/23⁽³⁾

Zions Bancorporation, Series I, 5.80% to 9/15/23⁽³⁾

Zions Bancorporation, Series J, 7.20% to 9/15/23⁽³⁾

Capital Markets — 1.2%

Affiliated Managers Group, Inc., 6.375%

Bank of New York Mellon Corp. (The), 5.20%

Goldman Sachs Group, Inc. (The), Series I, 5.95%

Goldman Sachs Group, Inc. (The), Series J, 5.50% to 5/10/23⁽³⁾

State Street Corp., Series D, 5.90% to 3/15/24⁽³⁾

Consumer Finance — 1.3%

Capital One Financial Corp., Series B, 6.00%

Discover Financial Services, Series B, 6.50%

Diversified Financial Services — 1.8%

General Electric Capital Corp., Series B, 6.25% to 12/15/22⁽¹⁾⁽³⁾

KKR Financial Holdings, LLC, Series A, 7.375%

Morgan Stanley, Series G, 6.625%

RBS Capital Funding Trust VII, Series G, 6.08%

Electric Utilities — 2.3%

AES Gener SA, 8.375% to 6/18/19⁽³⁾⁽⁴⁾

Electricite de France SA, 5.25% to 1/29/23^(1)(3)(4)

Entergy Arkansas, Inc., 6.45%

Entergy Louisiana, LLC, 6.95%

NextEra Energy Capital Holdings, Inc., Series G, 5.70%

NextEra Energy Capital Holdings, Inc., Series I, 5.125%

Southern California Edison Co., Series E, 6.25% to 2/1/22⁽¹⁾⁽³⁾

Food Products — 0.8%

Dairy Farmers of America, 7.875%⁽⁴⁾

Ocean Spray Cranberries, Inc., 6.25%⁽⁴⁾

Insurance — 1.1%

Aspen Insurance Holdings, Ltd., 5.95% to 7/1/23⁽³⁾

Aspen Insurance Holdings, Ltd., 7.401% to 1/1/17⁽³⁾

Endurance Specialty Holdings, Ltd., Series B, 7.50%

Montpelier Re Holdings, Ltd., 8.875%

RenaissanceRe Holdings, Ltd., Series E, 5.375%

Machinery — 0.6%

Stanley Black & Decker, Inc., 5.75%

Multi-Utilities — 0.2%

DTE Energy Co., Series C, 5.25%

Pipelines — 0.4%

NuStar Logistics LP, 7.625% to 1/15/18⁽³⁾

Real Estate Investment Trusts (REITs) — 1.0%

American Realty Capital Properties, Inc., Series F, 6.70%

Cedar Realty Trust, Inc., Series B, 7.25%

Chesapeake Lodging Trust, Series A, 7.75%

DDR Corp., Series J, 6.50%

Sunstone Hotel Investors, Inc., Series D, 8.00%

Taubman Centers, Inc., Series K, 6.25%

Telecommunications — 0.1%

Centaur Funding Corp., 9.08%⁽⁴⁾

Thrifts & Mortgage Finance — 0.6%

Elmira Savings Bank FSB (The), 8.998% to 12/31/17⁽³⁾

EverBank Financial Corp., Series A, 6.75%

Total Preferred Stocks
(identified cost $79,118,398)

Corporate Bonds & Notes — 7.5%

Banks — 2.4%

Banco do Brasil SA, 6.25% to 4/15/24, 10/29/49⁽³⁾⁽⁴⁾

Caixa Economica Federal, 7.25% to 7/23/19, 7/23/24⁽³⁾⁽⁴⁾

Credit Agricole SA, 7.875% to 1/23/24, 1/29/49⁽³⁾⁽⁴⁾

Credit Suisse Group AG, 6.25% to 12/18/24, 12/29/49⁽³⁾⁽⁴⁾

Groupe BPCE, 12.50% to 9/30/19, 8/29/49^(1)(3)(4)

Regions Financial Corp., 7.375%, 12/10/37

SunTrust Preferred Capital I, 4.00%, 6/29/49⁽⁵⁾

Chemicals — 0.1%

Sinochem Group, 5.00% to 11/2/18, 12/29/49⁽³⁾⁽⁴⁾

Diversified Financial Services — 1.0%

Odebrecht Oil & Gas Finance, Ltd., 7.00% to 6/17/24, 12/29/49⁽³⁾⁽⁴⁾

Textron Financial Corp., 6.00% to 2/15/17, 2/15/67^(1)(3)(4)

Diversified Telecommunication Services — 0.4%

Koninklijke KPN NV, 7.00% to 3/28/23, 3/28/73⁽³⁾⁽⁴⁾