Aerospace & Defense — 1.0%

CAE, Inc.

United Technologies Corp.⁽¹⁾

Auto Components — 1.0%

Goodyear Tire & Rubber Co. (The)⁽¹⁾

Banks — 10.9%

BNP Paribas SA

DBS Group Holdings, Ltd.

ING Groep NV

JPMorgan Chase & Co.⁽¹⁾

Mitsubishi UFJ Financial Group, Inc.⁽¹⁾

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

U.S. Bancorp⁽¹⁾

Wells Fargo & Co.⁽¹⁾

Beverages — 3.5%

Anheuser-Busch InBev SA/NV⁽¹⁾

Constellation Brands, Inc., Class A⁽¹⁾

Diageo PLC⁽¹⁾

Biotechnology — 3.9%

Alexion Pharmaceuticals, Inc.⁽²⁾

BioMarin Pharmaceutical, Inc.⁽²⁾

Celgene Corp.⁽¹⁾⁽²⁾

Shire PLC ADR⁽¹⁾

Building Products — 1.0%

Assa Abloy AB, Class B

Capital Markets — 1.1%

Credit Suisse Group AG

Chemicals — 1.8%

BASF SE

PPG Industries, Inc.⁽¹⁾

Containers & Packaging — 1.5%

Sealed Air Corp.⁽¹⁾

Diversified Telecommunication Services — 2.1%

Nippon Telegraph & Telephone Corp.⁽¹⁾

Electric Utilities — 2.6%

American Electric Power Co., Inc.⁽¹⁾

NextEra Energy, Inc.⁽¹⁾

Electrical Equipment — 2.2%

Legrand SA

Melrose Industries PLC⁽¹⁾

Zhuzhou CRRC Times Electric Co., Ltd., Class H

Electronic Equipment, Instruments & Components — 3.1%

CDW Corp.⁽¹⁾

Keyence Corp.⁽¹⁾

Energy Equipment & Services — 1.7%

Halliburton Co.⁽¹⁾

Schlumberger, Ltd.⁽¹⁾

Equity Real Estate Investment Trusts (REITs) — 2.4%

American Tower Corp.⁽¹⁾

Equity Residential⁽¹⁾

Food Products — 1.2%

Kerry Group PLC, Class A

Pinnacle Foods, Inc.⁽¹⁾

Health Care Equipment & Supplies — 0.5%

Edwards Lifesciences Corp.⁽²⁾

Hotels, Restaurants & Leisure — 0.6%

Accor SA⁽¹⁾

Household Durables — 1.9%

Newell Brands, Inc.⁽¹⁾

Household Products — 1.1%

Reckitt Benckiser Group PLC⁽¹⁾

Insurance — 6.8%

Aflac, Inc.⁽¹⁾

AIA Group, Ltd.

Chubb, Ltd.⁽¹⁾

Prudential PLC⁽¹⁾

St. James’s Place PLC⁽¹⁾

Internet & Direct Marketing Retail — 1.9%

Amazon.com, Inc.⁽¹⁾⁽²⁾

Internet Software & Services — 6.1%

Alphabet, Inc., Class C⁽¹⁾⁽²⁾

Facebook, Inc., Class A⁽¹⁾⁽²⁾

IT Services — 1.9%

Visa, Inc., Class A⁽¹⁾

Machinery — 4.3%

Fortive Corp.⁽¹⁾

Komatsu, Ltd.

Kubota Corp.

Media — 3.3%

Interpublic Group of Cos., Inc.⁽¹⁾

Time Warner, Inc.⁽¹⁾

Metals & Mining — 0.9%

Rio Tinto, Ltd.

Multi-Utilities — 0.9%

National Grid PLC⁽¹⁾

Sempra Energy⁽¹⁾

Multiline Retail — 0.3%

Macy’s, Inc.⁽¹⁾

Oil, Gas & Consumable Fuels — 5.9%

Anadarko Petroleum Corp.⁽¹⁾

Chevron Corp.⁽¹⁾

Occidental Petroleum Corp.⁽¹⁾

Royal Dutch Shell PLC, Class B⁽¹⁾

Seven Generations Energy, Ltd., Class A⁽²⁾

Personal Products — 1.5%

Estee Lauder Cos., Inc. (The), Class A⁽¹⁾

Pharmaceuticals — 8.0%

Allergan PLC⁽¹⁾⁽²⁾

Eli Lilly & Co.⁽¹⁾

Johnson & Johnson⁽¹⁾

Novo Nordisk A/S, Class B⁽¹⁾

Roche Holding AG PC⁽¹⁾

Zoetis, Inc.⁽¹⁾

Professional Services — 1.2%

Verisk Analytics, Inc.⁽¹⁾⁽²⁾

Road & Rail — 2.8%

CSX Corp.

Union Pacific Corp.⁽¹⁾

Semiconductors & Semiconductor Equipment — 2.6%

ASML Holding NV⁽¹⁾

NXP Semiconductors NV⁽¹⁾⁽²⁾

Sumco Corp.

Software — 0.7%

Microsoft Corp.⁽¹⁾

Specialty Retail — 3.3%

Advance Auto Parts, Inc.⁽¹⁾

Industria de Diseno Textil SA

Lowe’s Cos., Inc.⁽¹⁾

Technology Hardware, Storage & Peripherals — 1.1%

Apple, Inc.⁽¹⁾

Textiles, Apparel & Luxury Goods — 2.7%

LVMH Moet Hennessy Louis Vuitton SE⁽¹⁾

NIKE, Inc., Class B⁽¹⁾

Pandora A/S⁽¹⁾

Tobacco — 0.9%

Altria Group, Inc.⁽¹⁾

Trading Companies & Distributors — 1.2%

Brenntag AG

Wireless Telecommunication Services — 1.0%

Vodafone Group PLC⁽¹⁾

Total Common Stocks
(identified cost $289,003,321)

Preferred Stocks — 11.1%

Banks — 6.0%

AgriBank FCB, 6.875% to 1/1/24⁽³⁾

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

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

Farm Credit Bank of Texas, Series 1, 10.00%

First Tennessee Bank NA, 3.75%⁽⁴⁾⁽⁵⁾

Huntington Bancshares, Inc., Series A, 8.50% (Convertible)

IBERIABANK Corp., Series C, 6.60% to 5/1/26⁽³⁾

JPMorgan Chase & Co., Series O, 5.50%

KeyCorp, Series E, 6.125% to 12/15/26⁽³⁾

People’s United Financial, Inc., Series A, 5.625% to 12/15/26⁽³⁾

Regions Financial Corp., Series A, 6.375%

SunTrust Banks, Inc., Series E, 5.875%

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% (Convertible)

Capital Markets — 0.5%

Goldman Sachs Group, Inc. (The), Series N, 6.30%

KKR & Co., LP, Series A, 6.75%

Legg Mason, Inc., 5.45%

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

Consumer Finance — 0.3%

Discover Financial Services, Series B, 6.50%

Diversified Financial Services — 0.3%

KKR Financial Holdings, LLC, Series A, 7.375%

Electric Utilities — 0.8%

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

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

Southern Co. (The), 6.25%

Equity Real Estate Investment Trusts (REITs) — 0.8%

DDR Corp., Series J, 6.50%

PS Business Parks, Inc., Series W, 5.20%

Vornado Realty Trust, Series K, 5.70%

Food Products — 0.9%

Dairy Farmers of America, Inc., 7.875%⁽⁴⁾

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

Machinery — 0.2%

Stanley Black & Decker, Inc., 5.75%

Multi-Utilities — 0.1%

DTE Energy Co., Series C, 5.25%

Pipelines — 0.4%

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

Thrifts & Mortgage Finance — 0.8%

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

EverBank Financial Corp., Series A, 6.75%

Total Preferred Stocks
(identified cost $34,699,618)

Corporate Bonds & Notes — 16.8%

Banks — 7.3%

Australia and New Zealand Banking Group, Ltd., 6.75% to 6/15/26^(3)(4)(6)

Banco do Brasil SA, 9.00% to 6/18/24^(3)(4)(6)

Bank of America Corp., Series AA, 6.10% to 3/17/25⁽³⁾⁽⁶⁾

Barclays PLC, 8.25% to 12/15/18⁽³⁾⁽⁶⁾

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

Citigroup, Inc., Series M, 6.30% to 5/15/24⁽³⁾⁽⁶⁾

Citigroup, Inc., Series T, 6.25% to 8/15/26⁽³⁾⁽⁶⁾

Credit Agricole SA, 7.875% to 1/23/24^(3)(4)(6)

Deutsche Bank AG, 7.50% to 4/30/25⁽³⁾⁽⁶⁾

JPMorgan Chase & Co., Series X, 6.10% to 10/1/24⁽³⁾⁽⁶⁾

JPMorgan Chase & Co., Series Z, 5.30% to 5/1/20⁽³⁾⁽⁶⁾

Lloyds Banking Group PLC, 6.657% to 5/21/37^(3)(4)(6)

Lloyds Banking Group PLC, 7.50% to 6/27/24⁽³⁾⁽⁶⁾

PNC Financial Services Group, Inc. (The), Series S, 5.00% to 11/1/26⁽³⁾⁽⁶⁾

Royal Bank of Scotland Group PLC, 8.00% to 8/10/25⁽³⁾⁽⁶⁾

Standard Chartered PLC, 7.014% to 7/30/37^(3)(4)(6)

Standard Chartered PLC, 7.75% to 4/2/23^(3)(4)(6)

Zions Bancorporation, Series I, 5.80% to 9/15/23⁽³⁾⁽⁶⁾

Zions Bancorporation, Series J, 7.20% to 9/15/23⁽³⁾⁽⁶⁾

Capital Markets — 2.0%

Goldman Sachs Group, Inc. (The), Series M, 5.375% to 5/10/20⁽³⁾⁽⁶⁾

Morgan Stanley, Series J, 5.55% to 7/15/20⁽³⁾⁽⁶⁾

UBS Group AG, 6.875% to 8/7/25^(3)(6)(7)

Diversified Financial Services — 0.8%

Cadence Financial Corp., 4.875%, 6/28/19⁽⁴⁾

Leucadia National Corp., 6.625%, 10/23/43

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

Electric Utilities — 2.7%

AES Gener SA, 8.375% to 6/18/19, 12/18/73⁽³⁾⁽⁴⁾

Emera, Inc., Series 16-A, 6.75% to 6/15/26, 6/15/76⁽³⁾

Enel SpA, 8.75% to 9/24/23, 9/24/73⁽³⁾⁽⁴⁾

Southern Co. (The), Series B, 5.50% to 3/15/22, 3/15/57⁽³⁾

Energy Equipment & Services — 0.0%⁽⁸⁾

Abengoa Finance S.A.U., 7.75%, 2/1/20⁽⁴⁾⁽⁹⁾

Food Products — 0.7%

Land O’ Lakes, Inc., 8.00%⁽⁴⁾⁽⁶⁾

Insurance — 1.2%

Genworth Financial, Inc., 7.625%, 9/24/21

Voya Financial, Inc., 5.65% to 5/15/23, 5/15/53⁽³⁾

XLIT, Ltd., Series E, 6.50% to 4/15/17⁽³⁾⁽⁶⁾

Metals & Mining — 0.6%

BHP Billiton Finance USA, Ltd., 6.75% to 10/19/25, 10/19/75⁽³⁾⁽⁴⁾

Multi-Utilities — 0.1%

Dominion Resources, Inc., 5.75% to 10/1/24, 10/1/54⁽³⁾

Oil, Gas & Consumable Fuels — 0.3%

Odebrecht Oil & Gas Finance, Ltd., 7.00% to 6/17/24^(3)(4)(6)(9)

Petrobras Global Finance BV, 6.125%, 1/17/22

Pipelines — 0.3%

Transcanada Trust, Series 16-A, 5.875% to 8/15/26, 8/15/76⁽³⁾

Telecommunications — 0.6%

Colombia Telecomunicaciones SA ESP, 8.50% to 3/30/20^(3)(4)(6)

Thrifts & Mortgage Finance — 0.2%

Flagstar Bancorp, Inc., 6.125%, 7/15/21

Total Corporate Bonds & Notes
(identified cost $55,522,243)

Exchange-Traded Funds — 3.1%

Equity Funds — 3.1%

Total Exchange-Traded Funds
(identified cost $10,274,680)

Short-Term Investments — 0.4%

Total Short-Term Investments
(identified cost $1,275,241)

Total Investments — 135.8%
(identified cost $390,775,103)

Other Assets, Less Liabilities — (35.8)%

Net Assets — 100.0%

United States

United Kingdom

Japan

Netherlands

Switzerland

France

Canada

Germany

Denmark

Hong Kong

Ireland

Spain

Belgium

Sweden

Brazil

Italy

Australia

Chile

Colombia

China

Singapore

Exchange-Traded Funds

Total Investments

ADR

PC

Aggregate cost

Gross unrealized appreciation

Gross unrealized depreciation

Net unrealized appreciation

Common Stocks

Consumer Discretionary

Consumer Staples

Energy

Financials

Health Care

Industrials

Information Technology

Materials

Real Estate

Telecommunication Services

Utilities

Total Common Stocks

Preferred Stocks

Consumer Staples

Energy

Financials

Industrials

Real Estate

Utilities

Total Preferred Stocks

Corporate Bonds & Notes

Exchange-Traded Funds

Short-Term Investments

Total Investments