Aberdeen Core Fixed Income Fund

Fund Holdings

Name	Ticker	Security No.	Shares	Market Value	Percent
US TREASURY N/B	T 0.25 08/31/14	912828TL4	4420000	4422103.50	4.40%
US TREASURY N/B	T 3 05/15/42	912810QW1	3963000	4267575.85	4.25%
US TREASURY N/B	T 1.625 08/15/22	912828TJ9	3150000	3170574.79	3.15%
US TREASURY N/B	T 0.625 08/31/17	912828TM2	1295000	1296843.13	1.29%
FG A60299	FG 6.5 05/01/37	3128KQKL9	881148	998356.50	0.99%
XEROX CORPORATION	XRX 7.2 04/01/16	98412JBA1	760000	908675.76	0.90%
FN AO8034	FN 3.5 07/01/42	3138LY4U8	817236	873361.88	0.87%
FNR 2012-58 LC	FNR 3.5 10/25/39	3136A6JH8	749000	791170.69	0.79%
FNCL 4% 30YR SEPT TBA	FNCL 4 09/01/42	01F040693	710000	761142.15	0.76%
FN AK6299	FN 4 03/01/42	3138EA7M3	678949	740111.95	0.74%
GECMC 2007-C1 A4	GECMC 5.543 12/10/49	36159XAE0	650000	731242.31	0.73%
JPMCC 2007-LD11 A4	JPMCC 0 06/15/49	46631BAE5	630000	719872.10	0.72%
FG Q09912	FG 3.5 08/01/42	3132GVKZ4	664095	709494.79	0.71%
IL CHICAGO TRANSIT AUTH	CHITRN 6.2 12/01/40	16772PAQ9	605000	703772.30	0.70%
FN AO2099	FN 4 05/01/42	3138LSKM1	646041	695797.69	0.69%
FG Q10154	FG 3.5 08/01/42	3132HLE33	645000	688488.09	0.68%
FNR 2005-33 QD	FNR 5 01/25/34	31394CN99	624000	667934.38	0.66%
FNR 2011-27 JQ	FNR 4 09/25/39	31397SGM0	590685	626284.83	0.62%
FN AD0308	FN 5 03/01/35	31418MKW1	560841	619932.18	0.62%
NY NYC MUN WTR REV	NYCUTL 5.44 06/15/43	64972FT63	470000	616106.29	0.61%
JPMRR 2009-7 14A1	JPMRR 0 07/27/37	46633PBA9	626576	616006.45	0.61%
FNR 2012-11 PM	FNR 4 11/25/40	3136A17J8	592938	609746.57	0.61%
CMLTI 2009-6 6A1	CMLTI 0 07/25/36	17315JAL6	630501	593474.15	0.59%
FN AD0114	FN 5 07/01/37	31418MDU3	531584	587592.99	0.58%
FORD MOTOR CREDIT CO LLC	F 4.207 04/15/16	345397VY6	550000	584032.41	0.58%
HSBC FINANCE CORP	HSBC 5.5 01/19/16	40429CFN7	525000	577058.30	0.57%
BCAP 2009-RR6 3A1	BCAP 0 12/26/37	05531YAE2	581743	574167.80	0.57%
FG A94362	FG 4 10/01/40	312942Z32	514046	565656.98	0.56%
FNCL 4.5% 30YR SEPT TBA	FNCL 4.5 09/01/42	01F042699	515000	557246.07	0.55%
FN AJ7686	FN 4 12/01/41	3138E0RG6	497849	547238.69	0.54%
FNCI 3% 15YR SEPT TBA	FNCI 3 09/01/27	01F030496	510000	537970.34	0.54%
FG A96374	FG 4 01/01/41	312945CK2	480307	527555.01	0.52%
COMM 2007-C9 AM	COMM 0 12/10/49	20047RAG8	484000	522754.52	0.52%
FGCI 3% 15YR SEPT TBA	FGCI 3 09/01/27	02R030491	490000	514882.79	0.51%
GNR 2012-3 LA	GNR 3.5 03/20/38	38378CM46	474041	511391.24	0.51%
CITIGROUP INC	C 4.45 01/10/17	172967FW6	470000	509332.97	0.51%
PENSKE TRUCK LEASING/PTL	PENSKE 3.75 05/11/17	709599AE4	495000	507749.38	0.51%
ANHEUSER-BUSCH INBEV WOR	ABIBB 0.8 07/15/15	03523TBM9	505000	507459.86	0.50%
FN 190354	FN 5.5 12/01/34	31368HMB6	456404	506250.61	0.50%
NEWELL RUBBERMAID INC	NWL 2 06/15/15	651229AL0	500000	505735.39	0.50%
FNR 2011-34 VA	FNR 4 06/25/22	31397Q7B8	474734	505099.56	0.50%
G2 769101	G2 4 07/20/41	36176LGJ8	459489	504791.64	0.50%
WELLS FARGO & CO	WFC 1.5 07/01/15	94974BFE5	495000	503971.22	0.50%
FN AO8719	FN 3.5 07/01/42	3138M0VM9	469244	503527.32	0.50%
CELLCO PART/VERI WIRELSS	VZW 5.55 02/01/14	92344SAP5	470000	503263.31	0.50%
FN AO1797	FN 4.5 06/01/42	3138LR7K2	448759	503003.73	0.50%
MET LIFE GLOB FUNDING I	MET 1.7 06/29/15	59217GAV1	490000	499651.91	0.50%
UNILEVER CAP CORP	UNANA 0.45 07/30/15	904764AN7	500000	498091.25	0.50%
FNR 2009-85 LC	FNR 4.5 10/25/49	31396Q7J2	445000	497648.84	0.49%
FN AO9950	FN 4 07/01/42	3138M2BU9	444284	490716.66	0.49%
MDST 2010-1 M	MDST 5.25 12/15/45	59560WAC1	471827	489541.37	0.49%
FNR 2012-44 GA	FNR 4 05/25/42	3136A5B54	446554	487562.39	0.49%
FHR 4077 MP	FHR 4 08/15/40	3137ASCD4	443514	483892.97	0.48%
FN AI0036	FN 4.5 07/01/41	3138ADBE4	440621	480666.05	0.48%
FN 555424	FN 5.5 05/01/33	31385XAZ0	431195	478558.52	0.48%
SMI 2012-1A 2A1	SMI 0 01/21/55	82846GAH3	460000	474579.14	0.47%
FHR 4017 MA	FHR 3 03/15/41	3137AMHK6	456306	469762.45	0.47%
SEAGATE TECHNOLOGY INTL	STX 10 05/01/14	81180VAA1	413000	469099.17	0.47%
FG Q03019	FG 4 09/01/41	3132GJAU3	425410	467257.67	0.46%
FNR 2011-6 PH	FNR 4 02/25/41	31397QUK2	420000	464502.92	0.46%
FHR 4029 ML	FHR 3.5 04/15/41	3137APGD6	430200	464204.26	0.46%
TEXAS INSTRUMENTS INC	TXN 0.45 08/03/15	882508AT1	454000	452272.31	0.45%
FNR 2012-32 CY	FNR 3.5 04/25/42	3136A4U72	425000	448110.08	0.45%
FNR 2012-84 QG	FNR 3 09/25/31	3136A7U34	418600	446837.97	0.44%
FG Q09082	FG 3.5 06/01/42	3132GUM76	416148	445811.48	0.44%
WESTPAC BANKING CORP	WSTP 2 08/14/17	961214BV4	440000	445054.04	0.44%
GA MEAG PROJECT J	MELPWR 6.637 04/01/57	626207YF5	370000	443139.44	0.44%
FG Q08305	FG 3.5 05/01/42	3132GTR25	409670	438871.18	0.44%
TOYOTA MOTOR CREDIT CORP	TOYOTA 0.875 07/17/15	89233P6J0	435000	438055.37	0.44%
FN AK6769	FN 3.5 03/01/27	3138EBQX6	404495	437841.96	0.44%
FNR 2011-124 JM	FNR 4 02/25/41	3136A2L50	391579	436313.95	0.43%
FNR 2012-19 GH	FNR 3 11/25/30	3136A4PM5	413722	430730.46	0.43%
GNR 2012-14 PA	GNR 4 11/20/40	38378CGM3	407242	429939.19	0.43%
FN AB3690	FN 4 10/01/41	31417AC49	394229	429517.27	0.43%
CSMC 2009-3R 25A1	CSMC 0 07/27/36	22943YTK5	427155	427491.47	0.43%
FHR 3980 EP	FHR 5 01/15/42	3137AKL66	379316	427250.72	0.43%
FN AK4827	FN 3.5 04/01/42	3138E9LH1	395803	421022.37	0.42%
AMERICAN HONDA FINANCE	HNDA 1.45 02/27/15	02666QK69	415000	420053.92	0.42%
FNR 2012-67 KA	FNR 3.5 05/25/41	3136A7GW6	388103	418659.19	0.42%
ANGLO AMERICAN CAPITAL	AALLN 2.625 04/03/17	034863AE0	400000	409905.83	0.41%
FNR 2012-40 GC	FNR 4.5 12/25/40	3136A5BH8	380000	404003.84	0.40%
RIO TINTO FIN USA PLC	RIOLN 1.625 08/21/17	76720AAE6	400000	400350.56	0.40%
FNR 2012-21 PJ	FNR 4 03/25/41	3136A35Z0	369281	396815.24	0.39%
WFNMT 2010-A M	WFNMT 5.2 04/15/19	981464CK4	360000	393197.08	0.39%
FN AK7900	FN 4 04/01/42	3138ECX65	357847	392221.85	0.39%
WFNMT 2012-A A	WFNMT 3.14 01/17/23	981464CW8	369000	390928.77	0.39%
FN AC8518	FN 5 12/01/39	31417VPC1	352493	386438.54	0.38%
JPMORGAN CHASE & CO	JPM 2 08/15/17	48126EAA5	380000	383162.40	0.38%
FG Q08765	FG 3.5 06/01/42	3132GUCA0	356911	381127.23	0.38%
CA BAY AREA TOLL-S1 REV	BAYTRN 6.793 04/01/30	072024NT5	290000	381116.31	0.38%
FNR 2008-85 EB	FNR 5 09/25/28	31397MPW1	347588	380522.46	0.38%
PERNOD-RICARD SA	RIFP 4.45 01/15/22	714264AD0	350000	379417.89	0.38%
Cash		Cash	378342	378342.25	0.38%
FG C91442	FG 3.5 04/01/32	3128P7S79	350083	377880.66	0.38%
FNR 2011-76 PB	FNR 2.5 04/25/39	3136A0WP8	360447	375093.93	0.37%
FN AK6866	FN 4 04/01/42	3138EBTY1	337634	369595.42	0.37%
FG G12121	FG 5.5 04/01/21	3128M1G60	333213	366741.16	0.36%
FG G01840	FG 5 07/01/35	3128LXBH2	332886	365251.45	0.36%
JPMORGAN CHASE & CO	JPM 4.35 08/15/21	46625HJC5	330000	362307.11	0.36%
BP CAPITAL MARKETS PLC	BPLN 1.846 05/05/17	05565QBY3	350000	360248.58	0.36%
FNR 2011-2 PL	FNR 4 02/25/41	31397QHU5	320000	355071.15	0.35%
CA SAN DIEGO REGIONAL TRANSP COMM	SDGTRN 5.911 04/01/48	797400FN3	255000	353947.44	0.35%
FG Q10152	FG 3.5 08/01/42	3132HLEZ2	330000	353132.11	0.35%
FN AO3007	FN 3.5 05/01/27	3138LTKV9	329466	350554.46	0.35%
CBS CORP	CBS 8.875 05/15/19	124857AC7	255000	349802.11	0.35%
BLACKSTONE HOLDINGS FINA	BX 6.625 08/15/19	09256BAA5	305000	346844.31	0.34%
CITIGROUP INC	C 2.25 08/07/15	172967GB1	335000	338405.28	0.34%
TRANSATLANTIC HOLDINGS	Y 5.75 12/14/15	893521AA2	300000	337899.78	0.34%
FG Q06531	FG 4 03/01/42	3132GRSU6	306819	333932.43	0.33%
AGRIBANK FCB	AGRIBK 9.125 07/15/19	00850LAA2	250000	333281.18	0.33%
TIME WARNER CABLE INC	TWC 4 09/01/21	88732JBA5	295000	328802.58	0.33%
CSMC 2009-12R 6A1	CSMC 6 05/27/37	12642MAU4	317180	326781.07	0.33%
GEORGIA-PACIFIC LLC	GP 8 01/15/24	373298CF3	235000	323503.64	0.32%
AMERICAN INTL GROUP	AIG 3.8 03/22/17	026874CS4	300000	322535.20	0.32%
FG C91482	FG 3.5 07/01/32	3128P7UF8	298853	319875.22	0.32%
GENERAL ELEC CAP CORP	GE 4.65 10/17/21	36962G5J9	275000	318715.19	0.32%
FHR 4097 GT	FHR 3 10/15/31	3137ATKF8	295000	315650.00	0.31%
FN AI5595	FN 5 07/01/41	3138AKGD5	283351	315025.69	0.31%
IBM CORP	IBM 1.95 07/22/16	459200GX3	300000	313943.85	0.31%
GNR 2011-45 VE	GNR 4.5 04/20/22	38377Q2B2	296236	313621.10	0.31%
INTL LEASE FINANCE CORP	AIG 6.5 09/01/14	459745FY6	285000	312787.50	0.31%
GNR 2012-52 PM	GNR 3.5 12/20/39	38375CG79	286368	311017.71	0.31%
CSMC 2009-2R 2A5	CSMC 0 06/26/37	22944FBW8	314150	310851.52	0.31%
MSC 2003-IQ5 C	MSC 0 04/15/38	61745MTF0	300000	310502.11	0.31%
FN AK6972	FN 3.5 03/01/27	3138EBXA8	282676	306681.96	0.31%
MARATHON OIL CORP	MRO 6 10/01/17	565849AD8	250000	305079.75	0.30%
FG G06788	FG 5.5 10/01/35	3128M82V5	275456	304966.05	0.30%
FHR 3864 AB	FHR 4 06/15/39	3137ABBK6	280760	302584.87	0.30%
FN AK3774	FN 4 03/01/42	3138E8FQ0	277608	302159.96	0.30%
OMNICOM GROUP INC	OMC 4.45 08/15/20	682134AC5	270000	300390.33	0.30%
JPMCC 2007-LD11 ASB	JPMCC 0 06/15/49	46631BAF2	270247	296406.41	0.29%
BG ENERGY CAPITAL PLC	BGGRP 2.5 12/09/15	05541VAC0	280000	295088.20	0.29%
FHR 3835 VC	FHR 4 06/15/22	3137A9XY7	270747	293854.83	0.29%
GEMNT 2012-5 B	GEMNT 1.51 06/15/18	36159JDF5	290000	292119.93	0.29%
JPMCC 2007-CB19 ASB	JPMCC 5.9026 02/12/49	46630VAE2	266478	292029.18	0.29%
CMLTI 2009-5 7A1	CMLTI 0.5855 07/25/36	17315GAN8	309863	291618.04	0.29%
JPMRR 2009-7 1A1	JPMRR 0 08/27/37	46633PAA0	291503	288660.49	0.29%
NATIONAL AUSTRALIA BK-NY	NAB 2.75 03/09/17	63254AAB4	275000	288375.69	0.29%
UTILITY CONTRACT FUNDING	UTICON 7.944 10/01/16	91802MAA8	260693	287747.88	0.29%
LIFE TECHNOLOGIES CORP	LIFE 6 03/01/20	53217VAC3	235000	287060.96	0.29%
FN AO1877	FN 3.5 04/01/42	3138LSCP3	268257	284567.50	0.28%
HMI 2012-1A A2	HMI 0 10/15/54	43641NBP8	275000	281588.54	0.28%
NOBLE HOLDING INTL LTD	NE 2.5 03/15/17	65504LAH0	270000	280925.64	0.28%
JMAC 2009-R9 1A1	JMAC 0 08/26/46	47233CAA1	283224	280636.82	0.28%
TOTAL CAPITAL INTL SA	TOTAL 1.5 02/17/17	89153VAA7	275000	279505.42	0.28%
FN 995049	FN 5.5 02/01/38	31416BL63	251873	279067.00	0.28%
BARRICK GOLD CORP	ABXCN 5.25 04/01/42	067901AH1	250000	276940.08	0.28%
BSCMS 2006-PW13 AM	BSCMS 0 09/11/41	07388LAG5	250000	276088.67	0.27%
ESA 2010-ESHA B	ESA 4.2206 11/05/27	30224XAL8	270000	274600.58	0.27%
RAYMOND JAMES FINANCIAL	RJF 5.625 04/01/24	754730AD1	240000	271960.98	0.27%
AGILENT TECHNOLOGIES INC	A 6.5 11/01/17	00846UAC5	220000	271369.05	0.27%
FNR 2012-38 VK	FNR 4 02/25/25	3136A44N6	238859	270448.33	0.27%
BSCMS 2007-PW17 AM	BSCMS 0 06/11/50	07388QAG4	250000	270035.04	0.27%
FORD MOTOR CREDIT CO LLC	F 3 06/12/17	345397WD1	265000	267721.37	0.27%
GECC/LJ VP HOLDINGS LLC	GE 3.8 06/18/19	369668AA6	250000	264251.89	0.26%
SHELL INTERNATIONAL FIN	RDSALN 2.375 08/21/22	822582AS1	260000	263241.09	0.26%
JPMCC 2007-CB20 AM	JPMCC 0 02/12/51	46631QAH5	240000	262448.86	0.26%
FN AB5959	FN 3 08/01/32	31417CTR6	249285	262159.51	0.26%
HMI 2011-3A A6	HMI 0 10/15/54	43641NBM5	250000	258278.47	0.26%
NBCUNIVERSAL MEDIA LLC	CMCSA 4.375 04/01/21	63946BAE0	225000	258088.54	0.26%
PERMM 2011-2A 1A3	PERMM 0 07/15/42	71419GAU4	250000	256920.51	0.26%
UDR INC REIT	UDR 4.25 06/01/18	91019PCS9	235000	255610.45	0.25%
ADT CORP	TYC 2.25 07/15/17	00101JAA4	250000	255077.00	0.25%
INGRAM MICRO INC	IM 5 08/10/22	457153AF1	250000	254817.42	0.25%
FN 995050	FN 6 09/01/37	31416BL71	228894	253925.84	0.25%
FN AJ1472	FN 4 10/01/41	3138AST69	231767	253651.30	0.25%
FN 993565	FN 4 04/01/24	31415YW21	235894	253367.52	0.25%
CAMERON INTL CORP	CAM 1.6 04/30/15	13342BAH8	250000	253147.56	0.25%
JPMRR 2009-7 11A1	JPMRR 0 09/27/36	46633PAU6	257530	250270.18	0.25%
FG Q04017	FG 4 10/01/41	3132GKDW3	228563	249661.70	0.25%
CGCMT 2006-C5 AM	CGCMT 5.462 10/15/49	17310MAG5	225000	247792.43	0.25%
BOSTON PROPERTIES LP	BXP 5.875 10/15/19	10112RAQ7	205000	246990.86	0.25%
DIRECTV HOLDINGS/FING	DTV 5.875 10/01/19	25459HAU9	205000	245993.07	0.24%
CMLTI 2009-6 4A1	CMLTI 0 04/25/37	17315JAG7	243653	244757.03	0.24%
FNR 2010-56 BD	FNR 5 12/25/38	31398RK46	225000	243787.20	0.24%
FN AL0302	FN 5 04/01/24	3138EGKQ6	222438	242364.51	0.24%
GNR 2012-16 VC	GNR 3.5 05/20/23	38378DDH5	216740	239841.50	0.24%
HUMANA INC	HUM 6.3 08/01/18	444859AU6	200000	234900.60	0.23%
TEVA PHARM FIN IV BV	TEVA 3.65 11/10/21	88166JAA1	215000	234791.65	0.23%
FN AK2818	FN 4.5 01/01/42	3138E7DY7	209675	231636.65	0.23%
BP CAPITAL MARKETS PLC	BPLN 2.248 11/01/16	05565QBT4	220000	231634.33	0.23%
NEWMONT MINING CORP	NEM 4.875 03/15/42	651639AP1	215000	225374.41	0.22%
BG ENERGY CAPITAL PLC	BGGRP 4 10/15/21	05541VAE6	200000	225219.22	0.22%
PUBLIC SERVICE CO OF NEW	PNM 7.95 05/15/18	744499AP9	180000	222766.62	0.22%
AMEREN ILLINOIS CO	AEE 2.7 09/01/22	02361DAL4	220000	221677.72	0.22%
WILLIAMS PARTNERS LP/WIL	WPZ 7.25 02/01/17	96950HAD2	180000	219145.62	0.22%
TOTAL CAPITAL INTL SA	TOTAL 1.55 06/28/17	89153VAC3	215000	219044.69	0.22%
RIO TINTO FIN USA LTD	RIOLN 6.5 07/15/18	767201AC0	175000	218103.47	0.22%
ENTERGY GULF STATES	ETR 6.2 07/01/33	29364LAL6	214000	216699.68	0.22%
ING BANK NV	INTNED 3.75 03/07/17	449786AQ5	200000	210910.80	0.21%
CF INDUSTRIES INC	CF 6.875 05/01/18	12527GAA1	170000	209595.83	0.21%
JPMRR 2009-7 13A1	JPMRR 0 06/27/37	46633PAY8	211706	209286.98	0.21%
BHP BILLITON FIN USA LTD	BHP 1.625 02/24/17	055451AP3	205000	209148.17	0.21%
DPABS 2012-1A A2	DPABS 5.216 01/25/42	25755TAC4	190560	208429.00	0.21%
ANADARKO PETROLEUM CORP	APC 6.375 09/15/17	032511BH9	170000	208263.91	0.21%
GENERAL ELECTRIC CAP CORP	GE 6.25 12/15/49	369622SP1	200000	207750.56	0.21%
MEDCO HEALTH SOLUTIONS I	ESRX 7.125 03/15/18	58405UAD4	160000	206172.35	0.21%
GNR 2010-128 JC	GNR 4 06/20/39	38377LPU6	180000	203891.28	0.20%
FNR 2011-2 PD	FNR 4 12/25/39	31397QGZ5	185000	202207.66	0.20%
ANZ NATIONAL BANK	ANZNZ 1.85 10/15/15	00182EAQ2	200000	201967.06	0.20%
CF 2011-2A A	CF 0 04/07/24	165182AX4	200000	201936.67	0.20%
RABOBANK NEDERLAND UTREC	RABOBK 3.375 01/19/17	21686CAD2	190000	201738.11	0.20%
COMET 2004-B3 B3	COMET 0 01/18/22	14041NBL4	205000	200651.91	0.20%
ONCOR ELECTRIC DELIVERY	ONCRTX 4.55 12/01/41	68233JAT1	205000	200340.36	0.20%
CVS CAREMARK CORP	CVS 5.75 05/15/41	126650BX7	155000	199074.50	0.20%
JPMCC 2007-CB20 ASB	JPMCC 5.688 02/12/51	46631QAE2	178523	196752.01	0.20%
BLACKSTONE HLDGS FINA	BX 4.75 02/15/23	09256BAD9	190000	195674.01	0.19%
G2 783356	G2 6 06/20/41	36241LWR3	171664	195099.66	0.19%
SEAGATE HDD CAYMAN	STX 6.875 05/01/20	81180WAD3	180000	194925.00	0.19%
FNCL 3% 30YR SEPT TBA	FNCL 3 09/01/42	01F030694	185000	191908.60	0.19%
CA UNIV OF CA-TXBL-AD REV	UNVHGR 4.858 05/15/12	91412GHA6	180000	191354.40	0.19%
LEGG MASON INC	LM 5.5 05/21/19	524901AQ8	170000	182930.67	0.18%
FN 357632	FN 5.5 10/01/34	31376KHH2	163945	181850.53	0.18%
ING US INC	INTNED 5.5 07/15/22	45685EAA4	175000	181477.16	0.18%
CMLTI 09-6 11A1	CMLTI 0 05/25/37	17315JAW2	183064	177461.26	0.18%
NATIONWIDE MUTUAL INSURA	NATMUT 9.375 08/15/39	638671AK3	130000	177413.04	0.18%
BSCMS 2007-PW17 A4	BSCMS 5.694 06/11/50	07388QAE9	150000	176136.60	0.18%
JPMCC 2007-LD12 A4	JPMCC 0 02/15/51	46632HAD3	150000	176138.05	0.18%
CD 2005-CD1 AM	CD 5.399746 07/15/44	12513EAJ3	160000	175458.62	0.17%
BAFC 2009-R6 3A1	BAFC 0 01/26/37	05955DAF2	175198	173104.26	0.17%
ENERGY TRANSFER PARTNERS	ETP 6.125 02/15/17	29273RAE9	150000	172885.23	0.17%
FHR 3793 LV	FHR 4 11/15/23	3137A5EJ9	162377	172933.70	0.17%
WELLPOINT INC	WLP 4.625 05/15/42	94973VAY3	170000	171878.47	0.17%
SEMPRA ENERGY	SRE 2.3 04/01/17	816851AS8	160000	168937.03	0.17%
FREMF 2012-K501 C	FREMF 0 11/25/46	30290EAS4	177000	168573.67	0.17%
SIMON PROPERTY GROUP LP	SPG 6.125 05/30/18	828807BZ9	135000	165593.25	0.16%
MARATHON PETROLEUM CORP	MPC 5.125 03/01/21	56585AAD4	140000	164463.46	0.16%
SCANA CORPORATION	SCG 4.75 05/15/21	80589MAD4	150000	164145.77	0.16%
INTERPUBLIC GROUP COS	IPG 10 07/15/17	460690BF6	145000	163890.28	0.16%
CGCMT 2007-C6 AM	CGCMT 0 12/10/49	17311QBM1	150000	163780.81	0.16%
APACHE CORP	APA 4.75 04/15/43	037411BA2	140000	163130.40	0.16%
EL PASO PIPELINE PART OP	EPB 6.5 04/01/20	28370TAA7	135000	162803.57	0.16%
COMET 2006-B1 B1	COMET 0.5195 01/15/19	14041NCT6	165000	162494.04	0.16%
FNR 2007-116 PB	FNR 5.5 08/25/35	31396X7A6	140000	160143.95	0.16%
LIBERTY MUTUAL GROUP	LIBMUT 6.5 05/01/42	53079EAZ7	140000	154912.80	0.15%
CF INDUSTRIES INC	CF 7.125 05/01/20	12527GAB9	120000	151800.00	0.15%
DISCOVERY COMMUNICATIONS	DISCA 6.35 06/01/40	25470DAD1	115000	149528.76	0.15%
GNR 2009-13 ND	GNR 4.5 02/16/33	38374TMP6	135943	144608.28	0.14%
PROGRESS ENERGY INC	DUK 3.15 04/01/22	743263AS4	140000	144413.01	0.14%
FNR 2011-31 PB	FNR 4 01/25/40	31397SHM9	130000	142852.88	0.14%
GENERAL ELEC CAP CORP	GE 1.625 07/02/15	36962G5Z3	140000	142828.59	0.14%
BOSTON PROPERTIES LP REIT	BXP 3.85 02/01/23	10112RAU8	135000	141652.57	0.14%
MOODYS CORP	MCO 4.5 09/01/22	615369AB1	135000	140563.63	0.14%
SDART 2011-4 B	SDART 2.9 05/16/16	80282JAD1	134000	138181.19	0.14%
INTL PAPER CO	IP 7.95 06/15/18	460146CA9	105000	137246.38	0.14%
APPALACHIAN POWER CO	AEP 5.8 10/01/35	037735CE5	110000	136335.06	0.14%
HIGHMARK INC	HIMARK 6.125 05/15/41	431116AC6	125000	135311.22	0.13%
FG G08028	FG 6 12/01/34	3128MJA67	119027	132646.37	0.13%
DEVON ENERGY CORPORATION	DVN 1.875 05/15/17	25179MAM5	120000	123279.23	0.12%
ROWAN COMPANIES INC	RDC 7.875 08/01/19	779382AK6	100000	122729.25	0.12%
ENERGY TRANSFER PARTNERS	ETP 5.2 02/01/22	29273RAQ2	110000	121556.31	0.12%
NOBLE ENERGY INC	NBL 6 03/01/41	655044AE5	95000	119597.02	0.12%
CSMC 2009-3R 28A1	CSMC 0 08/27/37	22943YUB3	122375	118017.52	0.12%
CPS 2011-A A	CPS 2.82 04/16/18	126186AA3	116896	117826.55	0.12%
SDART 2012-3 A3	SDART 1.08 04/15/16	80282WAC4	115000	115778.09	0.12%
FG A81046	FG 6 08/01/38	312927ET9	103447	114698.44	0.11%
COMM 2012-CR2 C	COMM 0 08/15/45	12624KAH9	113000	114374.91	0.11%
SMAT 2011-2USA A4A	SMAT 2.31 04/14/17	78446KAF0	110000	112529.19	0.11%
AZ GLENDALE S/T REV FSA	GLEDEV 6.077 07/01/25	378294DL3	95000	112072.29	0.11%
NISOURCE FINANCE CORP	NI 5.25 02/15/43	65473QBB8	100000	111664.32	0.11%
JUNIPER NETWORKS INC	JNPR 5.95 03/15/41	48203RAD6	95000	110031.48	0.11%
BSCMS 2007-PW17 AMFL	BSCMS 0 06/11/50	07388QBU2	125000	108161.34	0.11%
SDART 2010-2 C	SDART 3.89 07/17/17	80282GAE5	100000	103670.59	0.10%
MASTR 2003-8 3A13	MASTR 5.25 09/25/33	55265KL72	101404	102950.16	0.10%
COMM 2011-THL B	COMM 4.5544 06/09/28	12622QAB1	100000	102644.83	0.10%
OCCIDENTAL PETROLEUM COR	OXY 1.5 02/15/18	674599CD5	100000	101964.20	0.10%
CNHMT 2011-1A B	CNHMT 0 12/15/15	12615SAP5	100000	100284.16	0.10%
UDR INC	UDR 4.625 01/10/22	90265EAG5	90000	99432.55	0.10%
EL PASO PIPELINE PART OP	EPB 5 10/01/21	28370TAE9	85000	94608.17	0.09%
ENTERPRISE PRODUCTS OPER	EPD 4.85 08/15/42	29379VAW3	90000	93575.39	0.09%
TIME WARNER INC	TWX 6.1 07/15/40	887317AH8	70000	85963.67	0.09%
JPMRR 2009-7 2A1	JPMRR 6 02/27/37	46633PAC6	82425	84706.44	0.08%
AMERICAN INTL GROUP	AIG 4.875 06/01/22	026874CU9	70000	77217.38	0.08%
JABIL CIRCUIT INC	JBL 8.25 03/15/18	466313AD5	55000	68092.29	0.07%
AETNA INC	AET 4.5 05/15/42	00817YAJ7	65000	66933.56	0.07%
JPMORGAN CHASE N CO	JPM 5.4 01/06/42	48126BAA1	50000	60121.65	0.06%
TECK RESOURCES LIMITED	TCKBCN 6.25 07/15/41	878742AW5	50000	55656.81	0.06%
US TREASURY COLLATERAL	T 0.5 05/31/13	912828QZ6	50000	50184.62	0.05%
QWEST CORP	CTL 7.25 09/15/25	912920AK1	40000	48350.62	0.05%
DEVON ENERGY CORPORATION	DVN 4.75 05/15/42	25179MAN3	40000	43769.96	0.04%

Disclosure

Holdings are subject to change at any time. Holdings should not be relied upon in making investment decisions and should not be construed as research or investment advice regarding specific securities. By accessing the portfolio holdings, you agree not to reproduce, distribute or disseminate the portfolio holdings, in whole or in part.