| Issue |
Coupon |
Maturity Date |
Amount Owned |
% of Fund |
| Iss Hldg As 8.875% |
8.88 |
2016-05-15 |
$1,350,000 |
3.74 |
| Arran Corp Loans 1 FRN |
3.56 |
2025-06-20 |
$2,000,000 |
3.6 |
| Svc Corp Intl 7.625% |
7.62 |
2018-10-01 |
$1,740,000 |
3.56 |
| Axa Sa 144A FRN |
6.46 |
2049-12-29 |
$2,000,000 |
3.29 |
| Upc Hldg B.V. 8% |
8 |
2016-11-01 |
$1,100,000 |
3.04 |
| Itv 5.375% |
5.38 |
2015-10-19 |
$1,002,000 |
3 |
| Daily Mail&Gen Tst 5.75% |
5.75 |
2018-12-07 |
$1,000,000 |
2.95 |
| Legal & General Gp 6.385% |
6.39 |
2049-05-29 |
$1,100,000 |
2.94 |
| FIDELITY TREASURY FUND |
4.25 |
2030-12-31 |
$1,578,526 |
2.94 |
| Iron Mtn 6.625% |
6.62 |
2016-01-01 |
$1,500,000 |
2.82 |
| Aviva 6.125% |
6.12 |
2049-09-29 |
$1,100,000 |
2.77 |
| Bombardier 7.25% |
7.25 |
2016-11-15 |
$1,000,000 |
2.75 |
| Standard Life FRN |
6.75 |
2049-07-12 |
$1,000,000 |
2.72 |
| Rexam 6.75% |
6.75 |
2067-06-29 |
$1,000,000 |
2.6 |
| Constellation Brands 7.25% |
7.25 |
2017-05-15 |
$1,250,000 |
2.54 |
| Lottomatica Spa 8.25% |
8.25 |
2066-03-31 |
$900,000 |
2.44 |
| Iesy Repository Gmbh 144A 8.125% |
8.12 |
2017-12-01 |
$1,100,000 |
2.17 |
| Virgin Media Finan 8.875% |
8.88 |
2019-10-15 |
$650,000 |
2.16 |
| Ardagh Glass Finan 8.75% |
8.75 |
2020-02-01 |
$750,000 |
2.06 |
| Levi Strauss + Co 05/18 Fixed 7.75 |
7.75 |
2018-05-15 |
$775,000 |
2.04 |
| Barclays Bk 144A FRN |
5.93 |
2049-09-29 |
$1,150,000 |
2.01 |
| Pinnacle Entmt 8.75% |
8.75 |
2020-05-15 |
$1,010,000 |
1.97 |
| Standard Chartered FRN |
6.41 |
2049-12-31 |
$1,100,000 |
1.96 |
| Investec Tier I Uk 7.075% |
7.07 |
2049-06-29 |
$800,000 |
1.86 |
| US Treasury Bond (Fut) |
0 |
2011-06-30 |
$2,600,000 |
-5.66 |
