Resource Center

Nationwide Enhanced Income Fund

Investment Objective

The Fund seeks a high level of current income while preserving capital and minimizing fluctuations in share value.

Investment Strategy

Under normal circumstances, the Fund invests primarily in high-grade corporate bonds, U.S. government securities, and mortgage-backed and asset-backed securities. The securities may pay interest on either a fixed-rate or variable-rate basis.

Portfolio Management

Morley Capital Management, Inc., Subadviser

Perpetua M. Phillips and Paul Rocheleau are responsible for the day-to-day management of the Fund, including selection of the Fund's investments.

Nationwide Fund Distributors LLC is not an affiliate of Morley Capital Management, Inc.

Fund Documents

You can find more detailed information about the Fund in the summary prospectus, prospectus and other fund documents. You should carefully read the documents before investing.

Top Holdings (all classes) as of 12/30/201111/30/201110/31/2011

View all holdings as of 12/30/2011 | 11/30/2011 | 10/31/2011

Holding	Percent
FIDELITY INSTITUTIONAL MMKT PORTFOLIO INST CLASS -	7.43%
UNITED STATES TREAS NTS 1.125% 15/JAN/2012	1.88%
GLAXOSMITHKLINE CAPITAL 4.85% BDS 15/MAY/2013	1.01%
FEDERAL HOME LOAN MORTGAGE CORP 4.125% NTS	1.00%
FEDERAL HOME LOAN MORTGAGE CORP 3.75% BDS	0.99%
FREDDIE MAC 3846 CK 1.500% 15/SEP/2020	0.98%
PSE&G TRANSITION FUNDING LLG 6.61% AST BKD	0.98%
AEP TEXAS TRANS II 4.98% A/BKD 01/JUL/2015 USD	0.97%
BANK OF NEW YORK MELLON CORP 4.95% BDS 01/NOV/2012	0.97%
IBM INTERNATIONAL GROUP CAPITAL LLC 5.05% BDS	0.97%

Holding	Ticker	Security No	Shares	Market Value	Percent
FIDELITY INSTITUTIONAL MMKT PORTFOLIO INST CLASS -	N/A	89199B034	19,802,087	19,802,086.87	7.43%
UNITED STATES TREAS NTS 1.125% 15/JAN/2012	N/A	912828KB5	5,000,000	5,001,760.00	1.88%
GLAXOSMITHKLINE CAPITAL 4.85% BDS 15/MAY/2013	N/A	377372AC1	2,540,000	2,688,150.58	1.01%
FEDERAL HOME LOAN MORTGAGE CORP 4.125% NTS	N/A	3137EABS7	2,500,000	2,660,520.00	1.00%
FEDERAL HOME LOAN MORTGAGE CORP 3.75% BDS	N/A	3137EABM0	2,500,000	2,628,232.50	0.99%
FREDDIE MAC 3846 CK 1.500% 15/SEP/2020	N/A	3137A9BB1	2,606,938	2,623,888.39	0.98%
PSE&G TRANSITION FUNDING LLG 6.61% AST BKD	N/A	69361YAF0	2,500,796	2,622,524.77	0.98%
AEP TEXAS TRANS II 4.98% A/BKD 01/JUL/2015 USD	N/A	00110AAB0	2,532,126	2,592,775.69	0.97%
BANK OF NEW YORK MELLON CORP 4.95% BDS 01/NOV/2012	N/A	06406HBE8	2,500,000	2,592,117.50	0.97%
IBM INTERNATIONAL GROUP CAPITAL LLC 5.05% BDS	N/A	44924EAB6	2,500,000	2,590,665.00	0.97%
FEDERAL HOME LOAN BANKS 3.375% BDS 27/FEB/2013	N/A	3133XP2W3	2,500,000	2,588,197.50	0.97%
JPMORGAN CHASE & CO 5.375% SNR NTS 01/OCT/2012	N/A	46625HGT1	2,500,000	2,584,675.00	0.97%
FNMA REMIC TRUST 2008-75 DA 25/MAR/2021 4.50000	N/A	31397MQL4	2,534,111	2,577,482.68	0.97%
HEWLETT-PACKARD CO 4.5% BDS 03/SEP/2013 USD1000	N/A	428236AQ6	2,500,000	2,571,122.50	0.96%
NISSAN AUTO RECEIVABLES OWNER TRUST 2009-A A-4	N/A	65476AAF2	2,500,000	2,560,322.00	0.96%
BA CREDIT CARD TRUST 2007-8A A 5.590% 17/NOV/2014	N/A	05522RBD9	2,500,000	2,556,286.75	0.96%
CENTERPOINT ENERGY RESTORATION BOND COMPANY LLC	N/A	15200NAA3	2,510,718	2,551,311.50	0.96%
FANNIE MAE 1.75% 07/MAY/2013	N/A	31398AJ94	2,500,000	2,546,882.50	0.96%
CITIGROUP FUNDING INC 2.25% BDS 10/DEC/2012	N/A	17313YAJ0	2,500,000	2,546,427.50	0.95%
FORD AUTO OWNER TRUST 2009-E A-4 2.420%	N/A	34529HAD5	2,500,000	2,545,633.00	0.95%
PEPSICO INC 5.15% SNR NT 15/MAY/2012 USD1000	N/A	713448BF4	2,500,000	2,542,185.00	0.95%
FANNIE MAE 1.25% 20/AUG/2013	N/A	31398AX31	2,500,000	2,534,990.00	0.95%
JOHN DEERE CAPITAL CORP 7.00% DUE 15/MAR/2012	N/A	244217BG9	2,500,000	2,534,032.50	0.95%
ELI LILLY6% 15/MAR/2012 USD	N/A	532457AU2	2,500,000	2,527,192.50	0.95%
BOEING CO 1.875% 20/NOV/2012	N/A	097023BB0	2,500,000	2,526,072.50	0.95%
FEDERAL NATIONAL MORTGAGE ASSOC 1% BDS 23/SEP/2013	N/A	31398A2S0	2,500,000	2,525,862.50	0.95%
DISCOVER CARD MASTER TRUST 2008-A4 A4 5.65%	N/A	254683AH8	2,360,000	2,525,423.96	0.95%
WESTPAC BANKING CORP 0.83969% BDS 08/APR/2013	N/A	9612E0BC0	2,500,000	2,503,047.50	0.94%
BERKSHIRE HATHAWAY INC 1.4% BDS 10/FEB/2012	N/A	084670AZ1	2,500,000	2,502,307.50	0.94%
FEDERAL NATIONAL MORTGAGE ASSOC 0.6% NTS	N/A	3135G0FG3	2,500,000	2,500,900.00	0.94%
GENERAL DYNAMICS CORP 4.25% 15/MAY/2013	N/A	369550AK4	2,350,000	2,464,640.05	0.92%
PG&E ENERGY RECOVERY FUNDING LLC 2005-1 A5 4.47%	N/A	693401AE1	2,400,000	2,462,109.84	0.92%
BNP PARIBAS VAR 08/APR/2013	N/A	05567LH75	2,500,000	2,350,612.50	0.88%
CITIBANK CREDIT CARD ISSUANCE TRUST CLS'2009-A5'	N/A	17305EER2	2,312,000	2,346,160.26	0.88%
AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST	N/A	02582JFX3	2,300,000	2,301,237.40	0.86%
FEDERAL HOME LOAN BANKS 1.875% BDS 21/JUN/2013	N/A	3133XXYX9	2,200,000	2,249,178.80	0.84%
MERCEDES-BENZ AUTO RECEIVABLES TRUST 2010-1 A-3	N/A	587682AC9	2,161,803	2,172,410.27	0.81%
CHASE ISSUANCE TRUST 4.65% NTS 15/MAR/2015 USD1000	N/A	161571CP7	2,000,000	2,094,552.60	0.79%
METROPOLITAN LIFE GLOBAL FUNDING I 5.125% SNR NTS	N/A	592179JG1	2,000,000	2,089,266.00	0.78%
ALABAMA POWER CO 4.85% BDS 15/DEC/2012 USD1000	N/A	010392EY0	2,000,000	2,079,168.00	0.78%
CATERPILLAR FINANCIAL SERVICES CORP 4.85% MTN	N/A	14912L3N9	2,000,000	2,078,162.00	0.78%
CHASE ISSUANCE TRUST 5.12% MTN 15/OCT/2014 USD1000	N/A	161571CH5	2,000,000	2,070,194.40	0.78%
WELLS FARGO & CO 5.25% SNR NTS 23/OCT/2012 USD1000	N/A	949746NW7	2,000,000	2,070,154.00	0.78%
ASTRAZENECA PLC NT 5.4% 15/SEP/2012	N/A	046353AC2	2,000,000	2,069,084.00	0.78%
PNC FUNDING CORP 5.5% 28/SEPT/2012	N/A	693476BD4	2,000,000	2,054,694.00	0.77%
CAPITAL ONE MULTI ASET EXECUTION TRUST SERIES	N/A	14041NCH2	2,000,000	2,048,848.80	0.77%
FANNIE MAE 2011-69 AB 1.500% 25/MAY/2018	N/A	3136A0AQ0	2,027,378	2,039,434.95	0.76%
FREDDIE MAC 3840 BA 2.000% 15/FEB/2018	N/A	3137A9E28	2,006,830	2,039,515.01	0.76%
GENERAL ELECTRIC CAPITAL CORP SER'G'2.125% NTS	N/A	36967HAV9	2,000,000	2,037,206.00	0.76%
BANK OF AMERICA AUTO TRUST 2010-1 A-4 2.180%	N/A	06052JAD4	2,000,000	2,034,033.20	0.76%
US BANCORP 2% MTN 14/JUN/2013 USD1000 165	N/A	91159HGW4	2,000,000	2,032,626.00	0.76%
GE CAPITAL CREDIT CARD MASTER NOTE 3.69% MTG BDS	N/A	36159JBM2	2,000,000	2,031,497.80	0.76%
ROYAL BK OF CANADA 2.1% SR MTN 29/JUL/2013 USD1000	N/A	78008HX96	2,000,000	2,030,370.00	0.76%
BAXTER INTL INC 1.8% SR NT 15/MAR/2013 USD1000	N/A	071813BB4	2,000,000	2,023,750.00	0.76%
CREDIT SUISSE FIRST BOSTON(USA)INC 6.5% BDS	N/A	22541LAC7	2,000,000	2,003,632.00	0.75%
AMER EXPRESS C/A FRN A/BKD 15/DEC/2014 USD'07-5'A'	N/A	02582JET3	2,000,000	1,999,754.80	0.75%
GE EQUIPMENT TRANSPORTATION LLC 2011-1 A-3 1.000%	N/A	36161XAC0	2,000,000	1,997,624.00	0.75%
BMW VEHICLE OWNER TRUST 2011-A A-3 0.760%	N/A	05573WAC9	2,000,000	1,996,833.20	0.75%
BA CREDIT CARD TRUST 2006-7A A VARIABLE	N/A	05522RAB4	2,000,000	1,994,130.40	0.75%
DELL INC 3.375% NTS 15/JUN/2012 USD1000	N/A	24702RAH4	1,900,000	1,920,958.90	0.72%
FREDDIE MAC 3815 DE 3.000% 15/OCT/2021	N/A	3137A6DE9	1,787,265	1,849,609.96	0.69%
WORLD OMNI AUTO RECEIVABLES TRUST 2010-A A-4	N/A	98153YAD6	1,700,000	1,723,679.47	0.65%
TARGET CORP 5.875% BDS 01/MAR/2012 USD1000	N/A	87612EAH9	1,700,000	1,714,268.10	0.64%
FANNIE MAE 2004-76 CW 4.000% 25/MAY/2018	N/A	31394AN77	1,652,441	1,681,300.53	0.63%
FREDDIE MAC 3758 CD 1.500% 15/AUG/2017	N/A	3137A3CC1	1,641,649	1,649,746.15	0.62%
WAL-MART STORES IN 4.25% NTS 15/APR/2013 USD1000	N/A	931142CL5	1,550,000	1,625,299.00	0.61%
WORLD OMNI AUTO RECEIVABLES TRUST 2011-B A-2	N/A	98158PAB4	1,600,000	1,598,213.92	0.60%
FREDDIE MAC 3728 CA 1.500% 15/OCT/2018	N/A	3137A1W74	1,583,739	1,591,836.05	0.60%
VERIZON COMMUNICATIONS INC 5.25% NTS 15/APR/2013	N/A	92343VAN4	1,500,000	1,582,849.50	0.59%
WACHOVIA BNK COMMERCIAL MTG TR VAR DUE 15/JUL/2042	N/A	9297664P5	1,539,596	1,570,306.24	0.59%
FNMA REMIC TRUST 2008-15 EL 25/JUN/2022 4.25000	N/A	31396YYZ9	1,505,188	1,568,398.61	0.59%
WELLS FARGO COMPANY 4.375% 31/JAN/2013	N/A	949746NY3	1,500,000	1,550,251.50	0.58%
CONOCOPHILLIPS 4.75% DUE 150CT12	N/A	20825CAE4	1,500,000	1,544,787.00	0.58%
ALLY AUTO RECEIVABLES TRUST 2011-2 A-2 0.670%	N/A	02005VAB8	1,536,804	1,536,352.97	0.58%
JOHN DEERE OWNER TRUST 2011 A-3 1.290% 15/JAN/2016	N/A	477867AC9	1,500,000	1,508,259.45	0.57%
FREDDIE MAC 2786 PD 4.500% 15/JAN/2018	N/A	31394WB23	1,473,929	1,504,877.32	0.56%
GE EQUIP MIDTICKET 0.94% 14/JUL/2014 USD CL A-3	N/A	36161HAC5	1,500,000	1,499,169.60	0.56%
ONCOR ELECTRIC DELIVERY TRANSITION BOND CO 4.95%	N/A	68233LAC3	1,432,568	1,462,159.90	0.55%
CONSUMERS FUNDING LLC 01-1 A-5 5.430% 20/APR/2015	N/A	210523AE6	1,405,671	1,455,966.23	0.55%
CS FIRST BOSTON MORTGAGE SECURITIES 2005-C5 A3	N/A	225470AM5	1,420,462	1,445,452.26	0.54%
AMERICAN EXPRESS CREDIT CORP 5.875% BDS	N/A	0258M0CW7	1,305,000	1,371,757.28	0.51%
FREDDIE MAC 3827 CA 1.500% 15/APR/2017	N/A	3137A7XX3	1,352,392	1,360,350.04	0.51%
FREDDIE MAC 3639 AB 2.750% 15/FEB/2025	N/A	31398WQ56	1,282,397	1,321,839.30	0.50%
MEDTRONIC INC SR NT 4.5% 15/MAR/2014	N/A	585055AP1	1,200,000	1,292,617.20	0.48%
LOWE'S COS INC 5.6% NTS 15/SEP/2012 USD1000	N/A	548661CM7	1,250,000	1,290,821.25	0.48%
GINNIE MAE 2009-81 WA 2.000% 20/AUG/2039	N/A	38376F5S7	1,250,567	1,262,796.90	0.47%
VOLVO FINANCIAL EQUIPMENT LLC 2010-1 A-3 1.560%	N/A	92887BAC4	1,260,612	1,262,685.25	0.47%
HONDA AUTO RECEIVABLES 2010-2 OWNER TRUST 2010-2	N/A	43812KAC7	1,232,632	1,237,672.96	0.46%
COCA-COLA CO 3.625% NTS 15/MAR/2014 USD1000	N/A	191216AL4	1,150,000	1,224,196.85	0.46%
FREDDIE MAC 3818 UA 1.350% 15/FEB/2017	N/A	3137A7Q52	1,212,188	1,217,667.44	0.46%
ORACLE CORP 4.95% NTS 15/APR/2013 USD1000	N/A	68389XAD7	1,150,000	1,214,455.20	0.46%
FANNIE MAE 2010-30 DB 2.000% 25/AUG/2018	N/A	31398M5V4	1,192,482	1,213,676.71	0.46%
FNMA REMIC TRUST 2007-36 AB 25/NOV/2021 5.00000	N/A	31396VRK6	1,145,923	1,213,326.45	0.46%
OCCIDENTAL PETROLEUM CORP 1.45% BDS 13/DEC/2013	N/A	674599CA1	1,175,000	1,195,372.15	0.45%
BMW VEHICLE OWNER TRUST 2010-A A-3 1.390%	N/A	09657MAC2	1,172,642	1,176,670.76	0.44%
CISCO SYSTEMS INC 1.625% BDS 14/MAR/2014 USD1000	N/A	17275RAJ1	1,150,000	1,171,553.30	0.44%
FREDDIE MAC 2628 GQ-MAC 3.140% 15/NOV/2017	N/A	31393VNQ0	1,144,681	1,166,675.95	0.44%
FREDDIE MAC 3649 EA 2.250% 15/DEC/2018	N/A	31398VA89	1,125,534	1,149,044.09	0.43%
TXU ELECTRIC DELIVERY TRANSITION BOND 2004-1 A2	N/A	87316YAB7	1,114,387	1,141,977.51	0.43%
MASSACHUSETTS RRB SPECIAL PURPOSE TRUST WMECO-1	N/A	575800AA5	1,093,024	1,140,659.77	0.43%
FREDDIE MAC 2629 AN-MAC 3.500% 15/JAN/2018	N/A	31393RKN9	1,077,536	1,109,389.73	0.42%
VOLKSWAGEN AUTO EN 1.31% A/BKD 20/JAN/2014 USD	N/A	92869AAC8	1,101,779	1,104,132.28	0.41%
WALGREEN CO 4.875% BDS 01/AUG/2013 USD1000	N/A	931422AD1	1,000,000	1,066,893.00	0.40%
JP MORGAN CHASE COMMERICAL MORTGAGE SEC 2005-LDP2	N/A	46625YNB5	1,058,584	1,066,653.27	0.40%
FREDDIE MAC 2695 DE 4.000% 15/JAN/2017	N/A	31394L7F3	1,049,560	1,060,850.06	0.40%
JPMORGAN CHASE & CO 4.75% NTS 01/MAY/2013 USD1000	N/A	46625HHB9	1,000,000	1,045,415.00	0.39%
FANNIE MAE 2009-76 MA 4.000% 25/SEP/2024	N/A	31396Q2N8	989,949	1,035,367.06	0.39%
IBM CORP 4.75% 29/NOV/2012	N/A	459200BA8	1,000,000	1,034,060.00	0.39%
FNMA REMIC TRUST 2008-18 MD 25/MAR/2019 4.00000	N/A	31396YXY3	980,451	1,033,125.39	0.39%
FREDDIE MAC 2643 NT 4.500% 15/MAR/2018	N/A	31394GBJ1	989,659	1,026,384.68	0.38%
CITIBANK CREDIT CARD ISSUANCE TRUST SER 2005-A4 CL	N/A	17305ECN3	1,000,000	1,018,618.30	0.38%
CENTERPOINT ENERGY TRANS BD CO II 4.97% BDS	N/A	15200DAB3	1,010,482	1,018,308.81	0.38%
JOHN DEERE OWNER TRUST 2009 3.96% MTG BDS	N/A	477874AD3	1,000,000	1,011,486.50	0.38%
TOYOTA MOTOR CREDIT CORP 1.375% BDS 12/AUG/2013	N/A	89233P4H6	1,000,000	1,009,297.00	0.38%
HONDA AUTO RECEIVABLES OWNER TRUST 2011-3 A-2	N/A	43811AAB2	1,000,000	999,556.70	0.37%
FANNIE MAE 2003-49 TK 3.500% 25/MAR/2018	N/A	31393C3C5	919,623	949,671.34	0.36%
VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2010-1 A-4	N/A	92869AAD6	925,000	939,886.95	0.35%
FREDDIE MAC 2628 DQ-MAC 3.000% 15/NOV/2017	N/A	31393VNA5	915,745	932,087.14	0.35%
FANNIE MAE 2009-88 EA 4.500% 25/MAY/2023	N/A	31398F3B5	902,892	929,142.14	0.35%
FREDDIE MAC 3659 DE 2.000% 15/MAR/2019	N/A	31398VUA2	913,012	928,192.18	0.35%
MASSACHUSETTS RRB SPECIAL PURPOSE 4.4% MTG BDS	N/A	575800AE7	883,191	905,784.69	0.34%
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES	N/A	46625MYT0	858,497	876,945.15	0.33%
GINNIE MAE 2010-67 DA 2.500% 20/APR/2036	N/A	38377ESN5	848,903	866,124.97	0.32%
WACHOVIA BANK COMMERCIAL MORT TRUST	N/A	929766C27	793,291	820,925.06	0.31%
BANC OF AMERCIA COMMERCIAL MORTGAGE INC 2005-3 CL	N/A	05947UR42	814,673	814,350.41	0.31%
FANNIE MAE 2003-11 PD 4.000% 25/FEB/2017	N/A	31393T2L9	795,373	807,469.10	0.30%
THE DETROIT EDISON SECURITIZATION FUNDING LLC 01-1	N/A	250854AE6	772,312	802,132.48	0.30%
ABBOTT LABORATORIES BNDS DUE 15/MAR/2014 4.350	N/A	002824AQ3	720,000	778,644.72	0.29%
FHLMCGLD MORTPASS 4% 01/DEC/2014 B1 PN# B17493	N/A	312970KE5	752,606	770,184.10	0.29%
FHLMC REMIC SERIES 3574 AC 1.85% 15/AUG/2014	N/A	31398JNB5	762,646	767,013.51	0.29%
PRUDENTIAL COMMERCIAL MTG TR SERIES 2003-PWR1	N/A	74432GAA5	758,843	765,094.65	0.29%
ALLY AUTO RECEIVABLES TRUST 2010-2 A-4 2.090%	N/A	02005LAD6	750,000	764,950.43	0.29%
FANNIE MAE 2003-59 GC-RCR 4.500% 25/MAR/2018	N/A	31393DF97	735,290	761,395.59	0.29%
AIR PRODUCTS & CHEMICALS INC 4.15% BDS 01/FEB/2013	N/A	009163AA4	730,000	757,716.64	0.28%
GENERAL ELECTRIC CO 369604AY9 5% 01/FEB/2013	N/A	369604AY9	720,000	750,308.40	0.28%
GE EQUIPMENT SMALL TICKET LLC 2011-1 A-2 0.880%	N/A	36830HAB8	720,410	720,184.65	0.27%
FREDDIE MAC 3612 AE 1.400% 15/DEC/2014	N/A	31398LKJ6	711,170	713,160.19	0.27%
FEDERAL HOME LOAN MORTGAGE CORP 1.85% MTG BDS	N/A	31398JMX8	701,793	706,180.58	0.26%
CPL TRANSITION FDG 5.96% A/BKD 15/JUL/2015 USD1000	N/A	12617AAD9	668,772	698,820.24	0.26%
FREDDIE MAC 2630 KS-MAC 4.000% 15/JAN/2017	N/A	31393RQU7	676,206	681,363.92	0.26%
FREDDIE MAC 2555 B 4.250% 15/JAN/2018	N/A	31393HLV2	635,927	667,771.91	0.25%
FREDDIE MAC 2836 PX 4.0% 15/MAY/2018	N/A	31395FC28	645,696	666,227.92	0.25%
FANNIE MAE 2009-44 A 4.500% 25/DEC/2023	N/A	31397N2T1	630,774	662,732.76	0.25%
NOVARTIS CAPITAL CORP 1.9% BDS 24/APR/2013 USD1000	N/A	66989HAB4	650,000	662,758.85	0.25%
USSA AUTO OWNER TRUST 2009-2 A-3 1.540%	N/A	90327YAC6	608,304	609,842.55	0.23%
FREDDIE MAC 3555 JA 4.000% 15/DEC/2014	N/A	31398EWC4	597,165	608,365.39	0.23%
PRAXAIR INC 1.75% 15/NOV/2012	N/A	74005PAW4	600,000	605,117.40	0.23%
FREDDIE MAC 2877 GP 4.000% 15/NOV/2018	N/A	31395HJU5	573,155	587,560.22	0.22%
FREDDIE MAC 2629 AM-MAC 4.000% 15/JAN/2018	N/A	31393RKM1	554,161	573,970.22	0.22%
FREDDIE MAC 3636 EB 2.000% 15/NOV/2018	N/A	31398WLZ5	542,000	550,585.22	0.21%
BANC AMERICA COML MTG INC VAR CMO 10/OCT/2045	N/A	05947U2Q0	508,306	531,471.23	0.20%
WACHOVIA COMMERCIAL MORTGAGE TRUST 2005-C17 A2	N/A	929766B85	528,043	527,602.11	0.20%
CHRYSLER FINANCIAL AUTO SECURITIZATION 2009-A A-3	N/A	171203AC6	515,805	519,262.01	0.19%
TOYOTA AUTO RECEIVABLES OWNER TRUST 2010-A A-3	N/A	89232EAC6	505,673	506,963.96	0.19%
GENERAL ELECTRIC CAPITAL CORP 1.875% BDS	N/A	36962G4Q4	500,000	506,158.50	0.19%
DISNEY(WALT)CO 6.375% BDS 01/MAR/2012 USD1000	N/A	25468PBX3	500,000	504,503.00	0.19%
FREDDIE MAC 3683 AD 2.250% 15/JUN/2020	N/A	31398QK55	488,360	495,565.30	0.19%
RABOBANK NEDERLAND 2.65% BDS 17/AUG/2012	N/A	74977RBU7	485,000	489,528.45	0.18%
TOYOTA AUTO RECEIVABLES OWNER TRUST 2011-A A3	N/A	89235XAC1	480,000	481,005.07	0.18%
BANK OF AMERICA AUTO TRUST 2009-3 A-4 2.670%	N/A	06052GAD0	465,000	474,053.41	0.18%
ANHEUSER-BUSCH INBEV SA 3% GTD NTS 15/OCT/2012	N/A	03523TAL2	460,000	467,199.92	0.18%
COOPER U.S. INC 5.25% NTS 15/NOV/2012 USD1000	N/A	216871AB9	450,000	467,196.75	0.18%
CITIGROUP INC 5.3% SNR NTS 17/OCT/2012 USD1000	N/A	172967EL1	450,000	457,311.60	0.17%
FREDDIE MAC 3591 NA 1.250% 15/OCT/2012	N/A	31398KKS8	448,837	449,506.02	0.17%
FNMA REMIC TRUST 2008-15 JM 25/FEB/2019 4.00000	N/A	31396YYY2	432,299	448,310.50	0.17%
FREDDIE MAC 2672 NF-MAC 4.000% 15/DEC/2016	N/A	31394HYE5	432,174	436,155.23	0.16%
FANNIE MAE 2003-12 OK 4.000% 25/JUN/2017	N/A	31393UJT1	424,932	431,402.34	0.16%
KIMBERLY-CLARK CORP 5% BDS 15/AUG/2013 USD1000	N/A	494368AX1	400,000	426,741.60	0.16%
GINNIE MAE 2009-57 BA 2.250% 16/JUN/2039	N/A	38374VSC4	416,208	424,367.89	0.16%
FREDDIE MAC 3610 AB 1.400% 15/DEC/2014	N/A	31398LL48	420,141	421,310.82	0.16%
FREDDIE MAC 3865 DA 1.250% 15/DEC/2016	N/A	3137AAR88	417,401	418,484.59	0.16%
UNITEDHEALTH GROUP INC 4.875% SNR NTS 15/FEB/2013	N/A	91324PBH4	400,000	416,526.40	0.16%
NUCOR CORP 5% SNR NTS 01/DEC/2012 USD1000	N/A	670346AF2	400,000	414,407.60	0.16%
MORGAN STANLEY CAP I 2005-1Q10 AAB	N/A	617451AE9	396,859	411,867.83	0.15%
CITIGROUP COMMERCIAL MTGE 5.7206% MTG BDS	N/A	17309DAB9	380,000	399,791.54	0.15%
FREDDIE MAC 2640 GD 4.500% 15/AUG/2017	N/A	31393WAK5	393,765	395,354.46	0.15%
FANNIE MAE 2004-6 CA 4.000% 25/JUN/2017	N/A	31393UR70	387,410	391,807.40	0.15%
FREDDIE MAC 2613 PA 3.250% 15/MAY/2018	N/A	31393RFC9	374,497	379,346.89	0.14%
FANNIE MAE 2003-67 TA 3.000% 25/AUG/2017	N/A	31393DPV7	356,327	359,282.27	0.13%
FREDDIE MAC 3584 BL 1.250% 15/OCT/2012	N/A	31398KJG6	355,936	356,331.30	0.13%
FREDDIE MAC 2783 AB 4.000% 15/OCT/2017	N/A	31394WYH5	297,754	302,095.10	0.11%
BANK OF AMERICA CMM MTG 2005-1 CL A3 4.877	N/A	05947UC89	300,852	300,646.09	0.11%
FANNIE MAE 2004-32 AB 4.000% 25/OCT/2017	N/A	31393XZ34	259,071	262,438.58	0.10%
FANNIE MAE 2004-29 L-RCR 4.000% 25/SEP/2017	N/A	31393YRW7	259,146	261,794.02	0.10%
JOHN DEERE OWNER TRUST 2009-B A-3 1.570%	N/A	477875AC2	218,284	218,582.46	0.08%
PG & E ENERGY RECOVERY FUNDING LLC 5.03%	N/A	693401AG6	215,825	218,025.61	0.08%
FREDDIE MAC 3110 AG 5.000% 15/MAR/2019	N/A	31396HLW7	195,686	197,204.47	0.07%
FREDDIE MAC 2625 JD 3.250% 15/JUL/2017	N/A	31393RJY7	152,175	153,356.06	0.06%
FANNIE MAE 2003-14 AN 3.500% 25/MAR/2033	N/A	31392JDX4	142,613	149,681.86	0.06%
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SER	N/A	929766YV9	137,529	137,447.97	0.05%
WORLD OMNI AUTO RECEIVABLES TRUST 2009-A A-3	N/A	98156YAD3	136,225	136,445.19	0.05%
FNMA MORTPASS 5.5% 01/FEB/2017 CI PN# 254195	N/A	31371KKG5	92,779	100,790.13	0.04%
FANNIE MAE 2003-57 NB 3.000% 25/JUN/2018	N/A	31393CG98	94,145	97,274.33	0.04%
WACHOVIA BANK COMMERICAL MTG TST 5.275% CMO	N/A	92978PAB5	95,699	95,844.35	0.04%
FNMA PASS THRU CTF POOL NO: 625178	N/A	31389GQ78	78,689	85,483.63	0.03%
FREDDIE MAC 2633 PD 4.500% 15/AUG/2016	N/A	31393RLV0	74,673	74,650.43	0.03%
FNMA MORTPASS 6% 01/DEC/2016 CI PN# 254089	N/A	31371KF63	45,519	49,229.88	0.02%
FNMA MORTPASS 6% 01/JAN/2017 CI PN# 545415	N/A	31385H3Y6	40,300	43,585.52	0.02%
FEDERAL NATIONAL MORTGAGE ASSOC 6% MTG BKD PASS	N/A	31371J5E0	27,702	29,960.05	0.01%
GE EQUIP MIDTICKET 0% BDS 14/JAN/2013 USD CL A-2	N/A	36161HAB7	28,631	28,628.81	0.01%
FHLMCGLD MORTPASS 6% 01/JUL/2016 E0 PN# E00991	N/A	31294KC45	21,438	22,874.66	0.01%
FEDERAL HOME LN MTG CORP PN# E00678	N/A	31294JXF0	12,368	13,033.96	0.00%
FHLMC REMIC SER 2664 CL GA	N/A	31394H6A4	342	342.36	0.00%

Holding	Ticker	Security No	Shares	Market Value	Percent
FIDELITY INSTITUTIONAL MMKT PORTFOLIO INST CLASS -	N/A	89199B034	12,296,130	12,296,129.70	4.79%
UNITED STATES TREAS NTS 1.125% 15/JAN/2012	N/A	912828KB5	5,000,000	5,006,640.00	1.95%
PSE&G TRANSITION FUNDING LLG 6.61% AST BKD	N/A	69361YAF0	2,937,150	3,073,914.58	1.20%
FREDDIE MAC 3846 CK 1.500% 15/SEP/2020	N/A	3137A9BB1	2,697,392	2,720,871.79	1.06%
GLAXOSMITHKLINE CAPITAL 4.85% BDS 15/MAY/2013	N/A	377372AC1	2,540,000	2,691,825.96	1.05%
FEDERAL HOME LOAN MORTGAGE CORP 4.125% NTS	N/A	3137EABS7	2,500,000	2,667,867.50	1.04%
FEDERAL HOME LOAN MORTGAGE CORP 3.75% BDS	N/A	3137EABM0	2,500,000	2,635,135.00	1.03%
AEP TEXAS TRANS II 4.98% A/BKD 01/JUL/2015 USD	N/A	00110AAB0	2,532,126	2,602,652.25	1.01%
BANK OF NEW YORK MELLON CORP 4.95% BDS 01/NOV/2012	N/A	06406HBE8	2,500,000	2,600,185.00	1.01%
IBM INTERNATIONAL GROUP CAPITAL LLC 5.05% BDS	N/A	44924EAB6	2,500,000	2,596,795.00	1.01%
HEWLETT-PACKARD CO 4.5% BDS 03/SEP/2013 USD1000	N/A	428236AQ6	2,500,000	2,596,570.00	1.01%
JPMORGAN CHASE & CO 5.375% SNR NTS 01/OCT/2012	N/A	46625HGT1	2,500,000	2,596,652.50	1.01%
FEDERAL HOME LOAN BANKS 3.375% BDS 27/FEB/2013	N/A	3133XP2W3	2,500,000	2,594,532.50	1.01%
NISSAN AUTO RECEIVABLES OWNER TRUST 2009-A A-4	N/A	65476AAF2	2,500,000	2,568,070.00	1.00%
BA CREDIT CARD TRUST 2007-8A A 5.590% 17/NOV/2014	N/A	05522RBD9	2,500,000	2,567,163.75	1.00%
CENTERPOINT ENERGY RESTORATION BOND COMPANY LLC	N/A	15200NAA3	2,510,718	2,556,294.27	1.00%
FORD AUTO OWNER TRUST 2009-E A-4 2.420%	N/A	34529HAD5	2,500,000	2,555,447.25	1.00%
CITIGROUP FUNDING INC 2.25% BDS 10/DEC/2012	N/A	17313YAJ0	2,500,000	2,553,910.00	1.00%
PEPSICO INC 5.15% SNR NT 15/MAY/2012 USD1000	N/A	713448BF4	2,500,000	2,551,490.00	0.99%
JOHN DEERE CAPITAL CORP 7.00% DUE 15/MAR/2012	N/A	244217BG9	2,500,000	2,547,370.00	0.99%
ELI LILLY6% 15/MAR/2012 USD	N/A	532457AU2	2,500,000	2,538,382.50	0.99%
DISCOVER CARD MASTER TRUST 2008-A4 A4 5.65%	N/A	254683AH8	2,360,000	2,537,470.11	0.99%
BOEING CO 1.875% 20/NOV/2012	N/A	097023BB0	2,500,000	2,527,187.50	0.99%
FEDERAL NATIONAL MORTGAGE ASSOC 1% BDS 23/SEP/2013	N/A	31398A2S0	2,500,000	2,526,447.50	0.99%
BERKSHIRE HATHAWAY INC 1.4% BDS 10/FEB/2012	N/A	084670AZ1	2,500,000	2,504,535.00	0.98%
WESTPAC BANKING CORP 0.83969% BDS 08/APR/2013	N/A	9612E0BC0	2,500,000	2,502,795.00	0.98%
FEDERAL NATIONAL MORTGAGE ASSOC 0.6% NTS	N/A	3135G0FG3	2,500,000	2,500,225.00	0.97%
GENERAL DYNAMICS CORP 4.25% 15/MAY/2013	N/A	369550AK4	2,350,000	2,471,283.50	0.96%
PG&E ENERGY RECOVERY FUNDING LLC 2005-1 A5 4.47%	N/A	693401AE1	2,400,000	2,470,655.52	0.96%
BNP PARIBAS VAR 08/APR/2013	N/A	05567LH75	2,500,000	2,422,650.00	0.94%
CITIBANK CREDIT CARD ISSUANCE TRUST CLS'2009-A5'	N/A	17305EER2	2,312,000	2,350,811.78	0.92%
MERCEDES-BENZ AUTO RECEIVABLES TRUST 2010-1 A-3	N/A	587682AC9	2,309,218	2,322,152.98	0.91%
AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST	N/A	02582JFX3	2,300,000	2,299,900.64	0.90%
FEDERAL HOME LOAN BANKS 1.875% BDS 21/JUN/2013	N/A	3133XXYX9	2,200,000	2,251,638.40	0.88%
FANNIE MAE 2011-69 AB 1.500% 25/MAY/2018	N/A	3136A0AQ0	2,103,163	2,122,107.80	0.83%
FREDDIE MAC 3840 BA 2.000% 15/FEB/2018	N/A	3137A9E28	2,070,720	2,109,851.86	0.82%
CHASE ISSUANCE TRUST 4.65% NTS 15/MAR/2015 USD1000	N/A	161571CP7	2,000,000	2,102,977.00	0.82%
METROPOLITAN LIFE GLOBAL FUNDING I 5.125% SNR NTS	N/A	592179JG1	2,000,000	2,090,426.00	0.82%
CATERPILLAR FINANCIAL SERVICES CORP 4.85% MTN	N/A	14912L3N9	2,000,000	2,086,920.00	0.81%
WELLS FARGO & CO 5.25% SNR NTS 23/OCT/2012 USD1000	N/A	949746NW7	2,000,000	2,083,934.00	0.81%
ALABAMA POWER CO 4.85% BDS 15/DEC/2012 USD1000	N/A	010392EY0	2,000,000	2,083,708.00	0.81%
CHASE ISSUANCE TRUST 5.12% MTN 15/OCT/2014 USD1000	N/A	161571CH5	2,000,000	2,078,725.80	0.81%
ASTRAZENECA PLC NT 5.4% 15/SEP/2012	N/A	046353AC2	2,000,000	2,077,588.00	0.81%
PNC FUNDING CORP 5.5% 28/SEPT/2012	N/A	693476BD4	2,000,000	2,064,096.00	0.80%
CAPITAL ONE MULTI ASET EXECUTION TRUST SERIES	N/A	14041NCH2	2,000,000	2,056,050.00	0.80%
GENERAL ELECTRIC CAPITAL CORP SER'G'2.125% NTS	N/A	36967HAV9	2,000,000	2,042,406.00	0.80%
BANK OF AMERICA AUTO TRUST 2010-1 A-4 2.180%	N/A	06052JAD4	2,000,000	2,038,152.20	0.79%
GE CAPITAL CREDIT CARD MASTER NOTE 3.69% MTG BDS	N/A	36159JBM2	2,000,000	2,037,785.00	0.79%
US BANCORP 2% MTN 14/JUN/2013 USD1000 165	N/A	91159HGW4	2,000,000	2,036,182.00	0.79%
ROYAL BK OF CANADA 2.1% SR MTN 29/JUL/2013 USD1000	N/A	78008HX96	2,000,000	2,034,780.00	0.79%
BAXTER INTL INC 1.8% SR NT 15/MAR/2013 USD1000	N/A	071813BB4	2,000,000	2,025,264.00	0.79%
CREDIT SUISSE FIRST BOSTON(USA)INC 6.5% BDS	N/A	22541LAC7	2,000,000	2,012,740.00	0.78%
WELLS FARGO & CO 3.00% BDS 09/DEC/2011 USD1000	N/A	949744AA4	2,000,000	2,000,652.00	0.78%
AMER EXPRESS C/A FRN A/BKD 15/DEC/2014 USD'07-5'A'	N/A	02582JET3	2,000,000	1,999,693.00	0.78%
GE EQUIPMENT TRANSPORTATION LLC 2011-1 A-3 1.000%	N/A	36161XAC0	2,000,000	1,999,612.80	0.78%
BMW VEHICLE OWNER TRUST 2011-A A-3 0.760%	N/A	05573WAC9	2,000,000	1,998,045.20	0.78%
BA CREDIT CARD TRUST 2006-7A A VARIABLE	N/A	05522RAB4	2,000,000	1,993,436.60	0.78%
FREDDIE MAC 3815 DE 3.000% 15/OCT/2021	N/A	3137A6DE9	1,861,909	1,937,628.25	0.76%
DELL INC 3.375% NTS 15/JUN/2012 USD1000	N/A	24702RAH4	1,900,000	1,924,519.50	0.75%
ALLY AUTO RECEIVABLES TRUST 2011-2 A-2 0.670%	N/A	02005VAB8	1,730,342	1,730,172.45	0.67%
WORLD OMNI AUTO RECEIVABLES TRUST 2010-A A-4	N/A	98153YAD6	1,700,000	1,726,865.44	0.67%
TARGET CORP 5.875% BDS 01/MAR/2012 USD1000	N/A	87612EAH9	1,700,000	1,721,545.80	0.67%
FREDDIE MAC 3758 CD 1.500% 15/AUG/2017	N/A	3137A3CC1	1,702,107	1,714,844.91	0.67%
FREDDIE MAC 3728 CA 1.500% 15/OCT/2018	N/A	3137A1W74	1,631,642	1,645,468.66	0.64%
2008-15 EL 0.000% 25/JUN/2022	N/A	31396YYZ9	1,566,386	1,638,588.90	0.64%
WAL-MART STORES IN 4.25% NTS 15/APR/2013 USD1000	N/A	931142CL5	1,550,000	1,627,783.65	0.63%
FREDDIE MAC 2786 PD 4.500% 15/JAN/2018	N/A	31394WB23	1,577,716	1,614,229.59	0.63%
WACHOVIA BNK COMMERCIAL MTG TR VAR DUE 15/JUL/2042	N/A	9297664P5	1,571,884	1,605,363.09	0.63%
WORLD OMNI AUTO RECEIVABLES TRUST 2011-B A-2	N/A	98158PAB4	1,600,000	1,599,082.72	0.62%
VERIZON COMMUNICATIONS INC 5.25% NTS 15/APR/2013	N/A	92343VAN4	1,500,000	1,585,866.00	0.62%
WELLS FARGO COMPANY 4.375% 31/JAN/2013	N/A	949746NY3	1,500,000	1,552,513.50	0.61%
CONOCOPHILLIPS 4.75% DUE 150CT12	N/A	20825CAE4	1,500,000	1,549,357.50	0.60%
JOHN DEERE OWNER TRUST 2011 A-3 1.290% 15/JAN/2016	N/A	477867AC9	1,500,000	1,510,471.05	0.59%
GE EQUIP MIDTICKET 0.94% 14/JUL/2014 USD CL A-3	N/A	36161HAC5	1,500,000	1,499,707.50	0.58%
ONCOR ELECTRIC DELIVERY TRANSITION BOND CO 4.95%	N/A	68233LAC3	1,432,568	1,467,642.91	0.57%
CONSUMERS FUNDING LLC 01-1 A-5 5.430% 20/APR/2015	N/A	210523AE6	1,405,671	1,459,872.59	0.57%
CS FIRST BOSTON MORTGAGE SECURITIES 2005-C5 A3	N/A	225470AM5	1,420,462	1,449,531.83	0.57%
FREDDIE MAC 3827 CA 1.500% 15/APR/2017	N/A	3137A7XX3	1,401,531	1,413,675.22	0.55%
FREDDIE MAC 3639 AB 2.750% 15/FEB/2025	N/A	31398WQ56	1,330,716	1,376,294.12	0.54%
AMERICAN EXPRESS CREDIT CORP 5.875% BDS	N/A	0258M0CW7	1,305,000	1,373,841.36	0.54%
HONDA AUTO RECEIVABLES 2010-2 OWNER TRUST 2010-2	N/A	43812KAC7	1,329,657	1,335,946.93	0.52%
MASSACHUSETTS RRB SPECIAL PURPOSE TRUST WMECO-1	N/A	575800AA5	1,260,298	1,313,902.01	0.51%
GINNIE MAE 2009-81 WA 2.000% 20/AUG/2039	N/A	38376F5S7	1,293,102	1,306,891.23	0.51%
VOLVO FINANCIAL EQUIPMENT LLC 2010-1 A-3 1.560%	N/A	92887BAC4	1,294,377	1,297,203.77	0.51%
LOWE'S COS INC 5.6% NTS 15/SEP/2012 USD1000	N/A	548661CM7	1,250,000	1,296,412.50	0.51%
BMW VEHICLE OWNER TRUST 2010-A A-3 1.390%	N/A	09657MAC2	1,278,691	1,283,855.88	0.50%
FANNIE MAE 2010-30 DB 2.000% 25/AUG/2018	N/A	31398M5V4	1,241,409	1,268,169.00	0.49%
2007-36 AB 0.000% 25/NOV/2021	N/A	31396VRK6	1,185,345	1,252,868.87	0.49%
FREDDIE MAC 3818 UA 1.350% 15/FEB/2017	N/A	3137A7Q52	1,242,425	1,250,607.25	0.49%
FREDDIE MAC 2628 GQ-MAC 3.140% 15/NOV/2017	N/A	31393VNQ0	1,210,833	1,239,694.44	0.48%
VOLKSWAGEN AUTO EN 1.31% A/BKD 20/JAN/2014 USD	N/A	92869AAC8	1,225,933	1,229,030.01	0.48%
ORACLE CORP 4.95% NTS 15/APR/2013 USD1000	N/A	68389XAD7	1,150,000	1,215,173.95	0.47%
FREDDIE MAC 2695 DE 4.000% 15/JAN/2017	N/A	31394L7F3	1,169,442	1,184,564.55	0.46%
FREDDIE MAC 3649 EA 2.250% 15/DEC/2018	N/A	31398VA89	1,154,579	1,182,030.64	0.46%
USSA AUTO OWNER TRUST 2008-2 A-4 5.160%	N/A	90327AAD6	1,152,614	1,154,814.44	0.45%
TXU ELECTRIC DELIVERY TRANSITION BOND 2004-1 A2	N/A	87316YAB7	1,114,387	1,146,147.88	0.45%
FREDDIE MAC 2629 AN-MAC 3.500% 15/JAN/2018	N/A	31393RKN9	1,109,054	1,145,377.04	0.45%
FREDDIE MAC 2643 NT 4.500% 15/MAR/2018	N/A	31394GBJ1	1,040,931	1,082,674.20	0.42%
WALGREEN CO 4.875% BDS 01/AUG/2013 USD1000	N/A	931422AD1	1,000,000	1,070,243.00	0.42%
FANNIE MAE 2009-76 MA 4.000% 25/SEP/2024	N/A	31396Q2N8	1,018,531	1,069,548.41	0.42%
JP MORGAN CHASE COMMERICAL MORTGAGE SEC 2005-LDP2	N/A	46625YNB5	1,059,287	1,068,166.67	0.42%
2008-18 MD RCR 0.000% 25/MAR/2019	N/A	31396YXY3	1,009,009	1,066,800.44	0.42%
JPMORGAN CHASE & CO 4.75% NTS 01/MAY/2013 USD1000	N/A	46625HHB9	1,000,000	1,046,252.00	0.41%
IBM CORP 4.75% 29/NOV/2012	N/A	459200BA8	1,000,000	1,040,286.00	0.41%
CENTERPOINT ENERGY TRANS BD CO II 4.97% BDS	N/A	15200DAB3	1,010,482	1,022,098.72	0.40%
CITIBANK CREDIT CARD ISSUANCE TRUST SER 2005-A4 CL	N/A	17305ECN3	1,000,000	1,020,749.80	0.40%
JOHN DEERE OWNER TRUST 2009 3.96% MTG BDS	N/A	477874AD3	1,000,000	1,014,238.10	0.40%
TOYOTA MOTOR CREDIT CORP 1.375% BDS 12/AUG/2013	N/A	89233P4H6	1,000,000	1,007,088.00	0.39%
HONDA AUTO RECEIVABLES OWNER TRUST 2011-3 A-2	N/A	43811AAB2	1,000,000	1,000,210.00	0.39%
FREDDIE MAC 2628 DQ-MAC 3.000% 15/NOV/2017	N/A	31393VNA5	968,667	990,994.31	0.39%
FANNIE MAE 2009-88 EA 4.500% 25/MAY/2023	N/A	31398F3B5	951,242	981,279.23	0.38%
FANNIE MAE 2003-49 TK 3.500% 25/MAR/2018	N/A	31393C3C5	947,020	980,933.29	0.38%
FREDDIE MAC 3659 DE 2.000% 15/MAR/2019	N/A	31398VUA2	941,929	960,030.66	0.37%
MASSACHUSETTS RRB SPECIAL PURPOSE 4.4% MTG BDS	N/A	575800AE7	883,191	908,844.51	0.35%
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES	N/A	46625MYT0	880,382	900,291.65	0.35%
FANNIE MAE 2003-11 PD 4.000% 25/FEB/2017	N/A	31393T2L9	861,694	876,964.87	0.34%
WACHOVIA BANK COMMERCIAL MORT TRUST	N/A	929766C27	809,985	838,153.50	0.33%
FHLMC REMIC SERIES 3574 AC 1.85% 15/AUG/2014	N/A	31398JNB5	821,283	826,909.86	0.32%
BANC OF AMERCIA COMMERCIAL MORTGAGE INC 2005-3 CL	N/A	05947UR42	816,078	815,721.86	0.32%
FHLMCGLD MORTPASS 4% 01/DEC/2014 B1 PN# B17493	N/A	312970KE5	790,713	810,274.95	0.32%
FREDDIE MAC 2630 KS-MAC 4.000% 15/JAN/2017	N/A	31393RQU7	801,793	809,616.15	0.32%
THE DETROIT EDISON SECURITIZATION FUNDING LLC 01-1	N/A	250854AE6	772,312	806,122.08	0.31%
FANNIE MAE 2003-59 GC-RCR 4.500% 25/MAR/2018	N/A	31393DF97	772,227	801,934.18	0.31%
PRUDENTIAL COMMERCIAL MTG TR SERIES 2003-PWR1	N/A	74432GAA5	782,294	788,410.20	0.31%
GE EQUIPMENT SMALL TICKET LLC 2011-1 A-2 0.880%	N/A	36830HAB8	786,491	786,443.11	0.31%
GENERAL ELECTRIC CO 369604AY9 5% 01/FEB/2013	N/A	369604AY9	720,000	751,684.32	0.29%
FREDDIE MAC 3612 AE 1.400% 15/DEC/2014	N/A	31398LKJ6	744,394	747,544.92	0.29%
FEDERAL HOME LOAN MORTGAGE CORP 1.85% MTG BDS	N/A	31398JMX8	735,401	741,033.47	0.29%
USSA AUTO OWNER TRUST 2009-2 A-3 1.540%	N/A	90327YAC6	705,219	707,352.32	0.28%
FANNIE MAE 2009-44 A 4.500% 25/DEC/2023	N/A	31397N2T1	669,067	705,994.41	0.28%
FREDDIE MAC 2555 B 4.250% 15/JAN/2018	N/A	31393HLV2	668,301	704,743.08	0.27%
CPL TRANSITION FDG 5.96% A/BKD 15/JUL/2015 USD1000	N/A	12617AAD9	668,772	700,339.29	0.27%
FREDDIE MAC 2836 PX 4.0% 15/MAY/2018	N/A	31395FC28	674,137	698,143.32	0.27%
NOVARTIS CAPITAL CORP 1.9% BDS 24/APR/2013 USD1000	N/A	66989HAB4	650,000	662,971.40	0.26%
FREDDIE MAC 3555 JA 4.000% 15/DEC/2014	N/A	31398EWC4	644,773	658,654.15	0.26%
FREDDIE MAC 2877 GP 4.000% 15/NOV/2018	N/A	31395HJU5	601,664	618,675.67	0.24%
PRAXAIR INC 1.75% 15/NOV/2012	N/A	74005PAW4	600,000	606,031.80	0.24%
PG & E ENERGY RECOVERY FUNDING LLC 5.03%	N/A	693401AG6	600,642	604,831.75	0.24%
FREDDIE MAC 2629 AM-MAC 4.000% 15/JAN/2018	N/A	31393RKM1	570,371	592,572.28	0.23%
CHRYSLER FINANCIAL AUTO SECURITIZATION 2009-A A-3	N/A	171203AC6	587,192	591,645.09	0.23%
FREDDIE MAC 3636 EB 2.000% 15/NOV/2018	N/A	31398WLZ5	562,920	573,604.43	0.22%
TOYOTA AUTO RECEIVABLES OWNER TRUST 2010-A A-3	N/A	89232EAC6	555,921	557,612.08	0.22%
BANC AMERICA COML MTG INC VAR CMO 10/OCT/2045	N/A	05947U2Q0	523,010	542,112.53	0.21%
WACHOVIA COMMERCIAL MORTGAGE TRUST 2005-C17 A2	N/A	929766B85	530,382	530,143.37	0.21%
FREDDIE MAC 3683 AD 2.250% 15/JUN/2020	N/A	31398QK55	505,881	516,126.75	0.20%
DISNEY(WALT)CO 6.375% BDS 01/MAR/2012 USD1000	N/A	25468PBX3	500,000	506,790.50	0.20%
FREDDIE MAC 2640 GD 4.500% 15/AUG/2017	N/A	31393WAK5	497,792	500,637.58	0.20%
FREDDIE MAC 2672 NF-MAC 4.000% 15/DEC/2016	N/A	31394HYE5	490,286	495,815.26	0.19%
FREDDIE MAC 3591 NA 1.250% 15/OCT/2012	N/A	31398KKS8	488,945	490,433.27	0.19%
RABOBANK NEDERLAND 2.65% BDS 17/AUG/2012	N/A	74977RBU7	485,000	490,332.58	0.19%
FANNIE MAE 2003-12 OK 4.000% 25/JUN/2017	N/A	31393UJT1	460,609	468,770.55	0.18%
ANHEUSER-BUSCH INBEV SA 3% GTD NTS 15/OCT/2012	N/A	03523TAL2	460,000	468,048.62	0.18%
COOPER U.S. INC 5.25% NTS 15/NOV/2012 USD1000	N/A	216871AB9	450,000	467,958.60	0.18%
2008-15 JM 0.000% 25/FEB/2019	N/A	31396YYY2	447,892	465,468.50	0.18%
CITIGROUP INC 5.3% SNR NTS 17/OCT/2012 USD1000	N/A	172967EL1	450,000	458,157.60	0.18%
FREDDIE MAC 3610 AB 1.400% 15/DEC/2014	N/A	31398LL48	439,547	441,169.93	0.17%
FANNIE MAE 2004-6 CA 4.000% 25/JUN/2017	N/A	31393UR70	434,199	440,092.78	0.17%
GINNIE MAE 2009-57 BA 2.250% 16/JUN/2039	N/A	38374VSC4	430,772	439,413.35	0.17%
FREDDIE MAC 3865 DA 1.250% 15/DEC/2016	N/A	3137AAR88	431,049	433,050.60	0.17%
KIMBERLY-CLARK CORP 5% BDS 15/AUG/2013 USD1000	N/A	494368AX1	400,000	428,045.20	0.17%
UNITEDHEALTH GROUP INC 4.875% SNR NTS 15/FEB/2013	N/A	91324PBH4	400,000	417,209.20	0.16%
FREDDIE MAC 2613 PA 3.250% 15/MAY/2018	N/A	31393RFC9	410,279	416,505.18	0.16%
NUCOR CORP 5% SNR NTS 01/DEC/2012 USD1000	N/A	670346AF2	400,000	415,994.00	0.16%
FANNIE MAE 2003-67 TA 3.000% 25/AUG/2017	N/A	31393DPV7	404,769	408,891.68	0.16%
CITIGROUP COMMERCIAL MTGE 5.7206% MTG BDS	N/A	17309DAB9	380,000	399,637.26	0.16%
FREDDIE MAC 3584 BL 1.250% 15/OCT/2012	N/A	31398KJG6	397,647	398,371.41	0.16%
BANK OF AMERICA CMM MTG 2005-1 CL A3 4.877	N/A	05947UC89	394,948	394,807.24	0.15%
FREDDIE MAC 2783 AB 4.000% 15/OCT/2017	N/A	31394WYH5	327,147	332,717.73	0.13%
FANNIE MAE 2004-29 L-RCR 4.000% 25/SEP/2017	N/A	31393YRW7	292,441	296,077.55	0.12%
FANNIE MAE 2004-32 AB 4.000% 25/OCT/2017	N/A	31393XZ34	288,369	292,809.22	0.11%
JOHN DEERE OWNER TRUST 2009-B A-3 1.570%	N/A	477875AC2	254,786	255,246.87	0.10%
WORLD OMNI AUTO RECEIVABLES TRUST 2009-A A-3	N/A	98156YAD3	244,365	244,969.34	0.10%
FREDDIE MAC 3110 AG 5.000% 15/MAR/2019	N/A	31396HLW7	229,744	231,987.59	0.09%
FREDDIE MAC 2625 JD 3.250% 15/JUL/2017	N/A	31393RJY7	178,258	179,962.87	0.07%
FREDDIE MAC 2633 PD 4.500% 15/AUG/2016	N/A	31393RLV0	175,736	175,942.47	0.07%
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SER	N/A	929766YV9	163,558	163,352.07	0.06%
2003-14 AN 0.000% 25/MAR/2033	N/A	31392JDX4	147,134	155,240.76	0.06%
GE EQUIP MIDTICKET 0% BDS 14/JAN/2013 USD CL A-2	N/A	36161HAB7	148,654	148,643.58	0.06%
FNMA MORTPASS 5.5% 01/FEB/2017 CI PN# 254195	N/A	31371KKG5	95,915	103,923.55	0.04%
FANNIE MAE 2003-57 NB 3.000% 25/JUN/2018	N/A	31393CG98	97,650	101,619.80	0.04%
WACHOVIA BANK COMMERICAL MTG TST 5.275% CMO	N/A	92978PAB5	96,054	96,043.18	0.04%
GE CAPITAL COMMERCIAL MORTGAGE CORP 3.915% BDS	N/A	36828QDM5	91,959	91,918.42	0.04%
FNMA PASS THRU CTF POOL NO: 625178	N/A	31389GQ78	80,410	87,124.22	0.03%
FNMA MORTPASS 6% 01/DEC/2016 CI PN# 254089	N/A	31371KF63	46,740	50,642.97	0.02%
FNMA MORTPASS 6% 01/JAN/2017 CI PN# 545415	N/A	31385H3Y6	41,472	44,934.40	0.02%
FEDERAL NATIONAL MORTGAGE ASSOC 6% MTG BKD PASS	N/A	31371J5E0	28,688	31,082.74	0.01%
FHLMCGLD MORTPASS 6% 01/JUL/2016 E0 PN# E00991	N/A	31294KC45	22,194	23,714.39	0.01%
FORD CREDIT AUTO OWNER TRUST 2010-B A-2 0.650%	N/A	34529MAB8	20,095	20,095.43	0.01%
FEDERAL HOME LN MTG CORP PN# E00678	N/A	31294JXF0	12,977	13,681.96	0.01%
FHLMC REMIC SER 2664 CL GA	N/A	31394H6A4	3,761	3,761.04	0.00%

Holding	Ticker	Security No	Shares	Market Value	Percent
FIDELITY INSTITUTIONAL MMKT PORTFOLIO INST CLASS -	N/A	89199B034	14,967,316	14,967,315.84	5.84%
UNITED STATES TREAS NTS 1.125% 15/JAN/2012	N/A	912828KB5	5,000,000	5,011,135.00	1.96%
PSE&G TRANSITION FUNDING LLG 6.61% AST BKD	N/A	69361YAF0	2,937,150	3,089,441.24	1.21%
GLAXOSMITHKLINE CAPITAL 4.85% BDS 15/MAY/2013	N/A	377372AC1	2,540,000	2,706,047.42	1.06%
AEP TEXAS TRANS II 4.98% A/BKD 01/JUL/2015 USD	N/A	00110AAB0	2,532,126	2,612,542.48	1.02%
JPMORGAN CHASE & CO 5.375% SNR NTS 01/OCT/2012	N/A	46625HGT1	2,500,000	2,606,760.00	1.02%
IBM INTERNATIONAL GROUP CAPITAL LLC 5.05% BDS	N/A	44924EAB6	2,500,000	2,606,350.00	1.02%
BANK OF NEW YORK MELLON CORP 4.95% BDS 01/NOV/2012	N/A	06406HBE8	2,500,000	2,604,447.50	1.02%
HEWLETT-PACKARD CO 4.5% BDS 03/SEP/2013 USD1000	N/A	428236AQ6	2,500,000	2,601,825.00	1.02%
3M CO 4.5% MTN 01/NOV/2011 USD1000	N/A	88579EAF2	2,600,000	2,600,000.00	1.02%
FEDERAL HOME LOAN BANKS 3.375% BDS 27/FEB/2013	N/A	3133XP2W3	2,500,000	2,599,455.00	1.01%
BA CREDIT CARD TRUST 2007-8A A 5.590% 17/NOV/2014	N/A	05522RBD9	2,500,000	2,578,020.00	1.01%
NISSAN AUTO RECEIVABLES OWNER TRUST 2009-A A-4	N/A	65476AAF2	2,500,000	2,577,037.50	1.01%
CENTERPOINT ENERGY RESTORATION BOND COMPANY LLC	N/A	15200NAA3	2,510,718	2,562,004.40	1.00%
PEPSICO INC 5.15% SNR NT 15/MAY/2012 USD1000	N/A	713448BF4	2,500,000	2,561,672.50	1.00%
FORD AUTO OWNER TRUST 2009-E A-4 2.420%	N/A	34529HAD5	2,500,000	2,559,192.75	1.00%
JOHN DEERE CAPITAL CORP 7.00% DUE 15/MAR/2012	N/A	244217BG9	2,500,000	2,556,912.50	1.00%
CITIGROUP FUNDING INC 2.25% BDS 10/DEC/2012	N/A	17313YAJ0	2,500,000	2,553,292.50	1.00%
ELI LILLY6% 15/MAR/2012 USD	N/A	532457AU2	2,500,000	2,550,590.00	1.00%
DISCOVER CARD MASTER TRUST 2008-A4 A4 5.65%	N/A	254683AH8	2,360,000	2,549,818.10	1.00%
BOEING CO 1.875% 20/NOV/2012	N/A	097023BB0	2,500,000	2,536,860.00	0.99%
FEDERAL NATIONAL MORTGAGE ASSOC 1% BDS 23/SEP/2013	N/A	31398A2S0	2,500,000	2,527,732.50	0.99%
BERKSHIRE HATHAWAY INC 1.4% BDS 10/FEB/2012	N/A	084670AZ1	2,500,000	2,506,930.00	0.98%
WESTERN UNION COMPANY (THE) 5.4% NTS 17/NOV/2011	N/A	959802AD1	2,500,000	2,504,622.50	0.98%
GENERAL ELECTRIC CA 5.00000 15/NOV/2011	N/A	36962GT38	2,500,000	2,503,937.50	0.98%
WESTPAC BANKING CORP 0.83969% BDS 08/APR/2013	N/A	9612E0BC0	2,500,000	2,502,942.50	0.98%
HONEYWELL INTERNATIONAL INC 6.125% BDS 01/NOV/2011	N/A	438516AN6	2,500,000	2,500,000.00	0.98%
PG&E ENERGY RECOVERY FUNDING LLC 2005-1 A5 4.47%	N/A	693401AE1	2,400,000	2,479,319.76	0.97%
GENERAL DYNAMICS CORP 4.25% 15/MAY/2013	N/A	369550AK4	2,350,000	2,478,418.10	0.97%
BNP PARIBAS VAR 08/APR/2013	N/A	05567LH75	2,500,000	2,417,367.50	0.94%
CITIBANK CREDIT CARD ISSUANCE TRUST CLS'2009-A5'	N/A	17305EER2	2,312,000	2,355,747.20	0.92%
FANNIE MAE 2011-69 AB 1.500% 25/MAY/2018	N/A	3136A0AQ0	2,180,317	2,189,259.46	0.85%
FREDDIE MAC 3840 BA 2.000% 15/FEB/2018	N/A	3137A9E28	2,137,604	2,168,027.62	0.85%
CHASE ISSUANCE TRUST 4.65% NTS 15/MAR/2015 USD1000	N/A	161571CP7	2,000,000	2,109,499.20	0.82%
FREDDIE MAC 3846 CK 1.500% 15/SEP/2020	N/A	3137A9BB1	2,108,996	2,105,886.01	0.82%
METROPOLITAN LIFE GLOBAL FUNDING I 5.125% SNR NTS	N/A	592179JG1	2,000,000	2,102,252.00	0.82%
CATERPILLAR FINANCIAL SERVICES CORP 4.85% MTN	N/A	14912L3N9	2,000,000	2,093,430.00	0.82%
ALABAMA POWER CO 4.85% BDS 15/DEC/2012 USD1000	N/A	010392EY0	2,000,000	2,087,284.00	0.81%
CHASE ISSUANCE TRUST 5.12% MTN 15/OCT/2014 USD1000	N/A	161571CH5	2,000,000	2,087,221.00	0.81%
ASTRAZENECA PLC NT 5.4% 15/SEP/2012	N/A	046353AC2	2,000,000	2,081,160.00	0.81%
WELLS FARGO & CO 5.25% SNR NTS 23/OCT/2012 USD1000	N/A	949746NW7	2,000,000	2,077,720.00	0.81%
PNC FUNDING CORP 5.5% 28/SEPT/2012	N/A	693476BD4	2,000,000	2,076,762.00	0.81%
CAPITAL ONE MULTI ASET EXECUTION TRUST SERIES	N/A	14041NCH2	2,000,000	2,063,291.80	0.81%
ROYAL BK OF CANADA 2.1% SR MTN 29/JUL/2013 USD1000	N/A	78008HX96	2,000,000	2,043,330.00	0.80%
BANK OF AMERICA AUTO TRUST 2010-1 A-4 2.180%	N/A	06052JAD4	2,000,000	2,042,678.40	0.80%
GE CAPITAL CREDIT CARD MASTER NOTE 3.69% MTG BDS	N/A	36159JBM2	2,000,000	2,042,223.80	0.80%
US BANCORP 2% MTN 14/JUN/2013 USD1000 165	N/A	91159HGW4	2,000,000	2,042,224.00	0.80%
GENERAL ELECTRIC CAPITAL CORP SER'G'2.125% NTS	N/A	36967HAV9	2,000,000	2,041,802.00	0.80%
BAXTER INTL INC 1.8% SR NT 15/MAR/2013 USD1000	N/A	071813BB4	2,000,000	2,029,536.00	0.79%
CREDIT SUISSE FIRST BOSTON(USA)INC 6.5% BDS	N/A	22541LAC7	2,000,000	2,022,844.00	0.79%
WELLS FARGO & CO 3.00% BDS 09/DEC/2011 USD1000	N/A	949744AA4	2,000,000	2,005,724.00	0.78%
GE EQUIPMENT TRANSPORTATION LLC 2011-1 A-3 1.000%	N/A	36161XAC0	2,000,000	2,002,059.80	0.78%
AMER EXPRESS C/A FRN A/BKD 15/DEC/2014 USD'07-5'A'	N/A	02582JET3	2,000,000	1,999,639.20	0.78%
BMW VEHICLE OWNER TRUST 2011-A A-3 0.760%	N/A	05573WAC9	2,000,000	1,998,309.80	0.78%
FREDDIE MAC 3815 DE 3.000% 15/OCT/2021	N/A	3137A6DE9	1,932,437	1,998,103.00	0.78%
DELL INC 3.375% NTS 15/JUN/2012 USD1000	N/A	24702RAH4	1,900,000	1,932,480.50	0.75%
ALLY AUTO RECEIVABLES TRUST 2011-2 A-2 0.670%	N/A	02005VAB8	1,929,177	1,929,487.58	0.75%
TXU ELECTRIC DELIVERY TRANSITION BOND 2004-1 A2	N/A	87316YAB7	1,773,929	1,811,380.61	0.71%
FREDDIE MAC 3758 CD 1.500% 15/AUG/2017	N/A	3137A3CC1	1,770,647	1,777,777.97	0.69%
WORLD OMNI AUTO RECEIVABLES TRUST 2010-A A-4	N/A	98153YAD6	1,700,000	1,730,386.48	0.68%
TARGET CORP 5.875% BDS 01/MAR/2012 USD1000	N/A	87612EAH9	1,700,000	1,730,042.40	0.68%
FREDDIE MAC 2786 PD 4.500% 15/JAN/2018	N/A	31394WB23	1,683,720	1,722,971.24	0.67%
2008-15 EL 0.000% 25/JUN/2022	N/A	31396YYZ9	1,634,976	1,704,740.45	0.67%
FREDDIE MAC 3728 CA 1.500% 15/OCT/2018	N/A	3137A1W74	1,680,397	1,685,413.66	0.66%
WACHOVIA BNK COMMERCIAL MTG TR VAR DUE 15/JUL/2042	N/A	9297664P5	1,599,927	1,638,256.05	0.64%
WAL-MART STORES IN 4.25% NTS 15/APR/2013 USD1000	N/A	931142CL5	1,550,000	1,632,432.10	0.64%
VERIZON COMMUNICATIONS INC 5.25% NTS 15/APR/2013	N/A	92343VAN4	1,500,000	1,595,760.00	0.62%
WELLS FARGO COMPANY 4.375% 31/JAN/2013	N/A	949746NY3	1,500,000	1,559,977.50	0.61%
CONOCOPHILLIPS 4.75% DUE 150CT12	N/A	20825CAE4	1,500,000	1,556,511.00	0.61%
JOHN DEERE OWNER TRUST 2011 A-3 1.290% 15/JAN/2016	N/A	477867AC9	1,500,000	1,513,177.05	0.59%
GE EQUIP MIDTICKET 0.94% 14/JUL/2014 USD CL A-3	N/A	36161HAC5	1,500,000	1,501,112.70	0.59%
VOLVO FINANCIAL EQUIPMENT LLC 2010-1 A-3 1.560%	N/A	92887BAC4	1,495,694	1,498,097.71	0.58%
ONCOR ELECTRIC DELIVERY TRANSITION BOND CO 4.95%	N/A	68233LAC3	1,432,568	1,473,142.11	0.58%
CONSUMERS FUNDING LLC 01-1 A-5 5.430% 20/APR/2015	N/A	210523AE6	1,405,671	1,465,999.77	0.57%
FREDDIE MAC 3827 CA 1.500% 15/APR/2017	N/A	3137A7XX3	1,449,253	1,457,168.73	0.57%
CS FIRST BOSTON MORTGAGE SECURITIES 2005-C5 A3	N/A	225470AM5	1,420,462	1,452,862.81	0.57%
HONDA AUTO RECEIVABLES 2010-2 OWNER TRUST 2010-2	N/A	43812KAC7	1,431,943	1,439,132.14	0.56%
FREDDIE MAC 3639 AB 2.750% 15/FEB/2025	N/A	31398WQ56	1,384,480	1,421,831.52	0.56%
BMW VEHICLE OWNER TRUST 2010-A A-3 1.390%	N/A	09657MAC2	1,390,066	1,396,561.40	0.55%
AMERICAN EXPRESS CREDIT CORP 5.875% BDS	N/A	0258M0CW7	1,305,000	1,387,772.24	0.54%
VOLKSWAGEN AUTO EN 1.31% A/BKD 20/JAN/2014 USD	N/A	92869AAC8	1,352,629	1,356,632.24	0.53%
GINNIE MAE 2009-81 WA 2.000% 20/AUG/2039	N/A	38376F5S7	1,334,626	1,350,805.23	0.53%
MASSACHUSETTS RRB SPECIAL PURPOSE TRUST WMECO-1	N/A	575800AA5	1,260,298	1,320,423.42	0.52%
BANC OF AMERCIA COMMERCIAL MORTGAGE INC 2005-3 CL	N/A	05947UR42	1,318,292	1,319,548.27	0.52%
FANNIE MAE 2010-30 DB 2.000% 25/AUG/2018	N/A	31398M5V4	1,298,685	1,316,740.07	0.51%
FREDDIE MAC 2695 DE 4.000% 15/JAN/2017	N/A	31394L7F3	1,291,478	1,309,039.40	0.51%
2007-36 AB 0.000% 25/NOV/2021	N/A	31396VRK6	1,233,058	1,304,868.36	0.51%
FREDDIE MAC 2628 GQ-MAC 3.140% 15/NOV/2017	N/A	31393VNQ0	1,275,973	1,304,161.19	0.51%
LOWE'S COS INC 5.6% NTS 15/SEP/2012 USD1000	N/A	548661CM7	1,250,000	1,302,433.75	0.51%
USSA AUTO OWNER TRUST 2008-2 A-4 5.160%	N/A	90327AAD6	1,294,860	1,301,606.46	0.51%
FREDDIE MAC 3818 UA 1.350% 15/FEB/2017	N/A	3137A7Q52	1,279,334	1,283,603.63	0.50%
ORACLE CORP 4.95% NTS 15/APR/2013 USD1000	N/A	68389XAD7	1,150,000	1,220,827.35	0.48%
FREDDIE MAC 2629 AN-MAC 3.500% 15/JAN/2018	N/A	31393RKN9	1,150,284	1,187,949.08	0.46%
FREDDIE MAC 2643 NT 4.500% 15/MAR/2018	N/A	31394GBJ1	1,096,702	1,140,536.46	0.45%
2008-18 MD RCR 0.000% 25/MAR/2019	N/A	31396YXY3	1,041,222	1,095,621.74	0.43%
FANNIE MAE 2009-76 MA 4.000% 25/SEP/2024	N/A	31396Q2N8	1,046,382	1,094,536.44	0.43%
JP MORGAN CHASE COMMERICAL MORTGAGE SEC 2005-LDP2	N/A	46625YNB5	1,080,714	1,091,942.74	0.43%
WACHOVIA BK COMM MTG TR 2004-C15 A2	N/A	929766WJ8	1,091,681	1,090,553.15	0.43%
WALGREEN CO 4.875% BDS 01/AUG/2013 USD1000	N/A	931422AD1	1,000,000	1,071,094.00	0.42%
JPMORGAN CHASE & CO 4.75% NTS 01/MAY/2013 USD1000	N/A	46625HHB9	1,000,000	1,051,476.00	0.41%
FREDDIE MAC 2628 DQ-MAC 3.000% 15/NOV/2017	N/A	31393VNA5	1,020,779	1,041,650.11	0.41%
FANNIE MAE 2009-88 EA 4.500% 25/MAY/2023	N/A	31398F3B5	999,435	1,032,338.14	0.40%
CENTERPOINT ENERGY TRANS BD CO II 4.97% BDS	N/A	15200DAB3	1,010,482	1,025,818.81	0.40%
JP MORGAN CHASE COMMERCIAL MORTGAGE SECURITIES	N/A	46625MYT0	1,002,115	1,024,947.22	0.40%
CITIBANK CREDIT CARD ISSUANCE TRUST SER 2005-A4 CL	N/A	17305ECN3	1,000,000	1,024,136.50	0.40%
JOHN DEERE OWNER TRUST 2009 3.96% MTG BDS	N/A	477874AD3	1,000,000	1,017,169.80	0.40%
TOYOTA MOTOR CREDIT CORP 1.375% BDS 12/AUG/2013	N/A	89233P4H6	1,000,000	1,012,558.00	0.40%
FANNIE MAE 2003-49 TK 3.500% 25/MAR/2018	N/A	31393C3C5	975,339	1,010,015.33	0.39%
HONDA AUTO RECEIVABLES OWNER TRUST 2011-3 A-2	N/A	43811AAB2	1,000,000	1,005,228.90	0.39%
FREDDIE MAC 3659 DE 2.000% 15/MAR/2019	N/A	31398VUA2	968,607	981,852.34	0.38%
FANNIE MAE 2003-11 PD 4.000% 25/FEB/2017	N/A	31393T2L9	929,104	945,484.32	0.37%
FREDDIE MAC 2630 KS-MAC 4.000% 15/JAN/2017	N/A	31393RQU7	928,974	939,529.65	0.37%
MASSACHUSETTS RRB SPECIAL PURPOSE 4.4% MTG BDS	N/A	575800AE7	883,191	911,945.92	0.36%
FHLMC REMIC SERIES 3574 AC 1.85% 15/AUG/2014	N/A	31398JNB5	871,167	876,876.57	0.34%
FHLMCGLD MORTPASS 4% 01/DEC/2014 B1 PN# B17493	N/A	312970KE5	840,232	862,606.80	0.34%
WACHOVIA BANK COMMERCIAL MORT TRUST	N/A	929766C27	826,335	857,347.27	0.33%
FANNIE MAE 2003-59 GC-RCR 4.500% 25/MAR/2018	N/A	31393DF97	808,885	840,069.81	0.33%
PRUDENTIAL COMMERCIAL MTG TR SERIES 2003-PWR1	N/A	74432GAA5	803,893	811,060.93	0.32%
THE DETROIT EDISON SECURITIZATION FUNDING LLC 01-1	N/A	250854AE6	772,312	810,114.01	0.32%
USSA AUTO OWNER TRUST 2009-2 A-3 1.540%	N/A	90327YAC6	806,370	809,234.78	0.32%
GE EQUIPMENT SMALL TICKET LLC 2011-1 A-2 0.880%	N/A	36830HAB8	800,000	800,209.60	0.31%
FREDDIE MAC 3612 AE 1.400% 15/DEC/2014	N/A	31398LKJ6	782,852	785,434.82	0.31%
FEDERAL HOME LOAN MORTGAGE CORP 1.85% MTG BDS	N/A	31398JMX8	776,745	782,430.43	0.31%
GENERAL ELECTRIC CO 369604AY9 5% 01/FEB/2013	N/A	369604AY9	720,000	755,040.24	0.29%
WACHOVIA COMMERCIAL MORTGAGE TRUST 2005-C17 A2	N/A	929766B85	742,199	742,039.85	0.29%
FREDDIE MAC 2555 B 4.250% 15/JAN/2018	N/A	31393HLV2	702,854	737,677.41	0.29%
FANNIE MAE 2009-44 A 4.500% 25/DEC/2023	N/A	31397N2T1	698,174	732,853.48	0.29%
FREDDIE MAC 2836 PX 4.0% 15/MAY/2018	N/A	31395FC28	703,083	725,979.06	0.28%
FREDDIE MAC 3555 JA 4.000% 15/DEC/2014	N/A	31398EWC4	688,599	703,769.86	0.27%
CPL TRANSITION FDG 5.96% A/BKD 15/JUL/2015 USD1000	N/A	12617AAD9	668,772	703,482.39	0.27%
CHRYSLER FINANCIAL AUTO SECURITIZATION 2009-A A-3	N/A	171203AC6	663,251	668,870.49	0.26%
NOVARTIS CAPITAL CORP 1.9% BDS 24/APR/2013 USD1000	N/A	66989HAB4	650,000	664,595.75	0.26%
WACHOVIA BANK COMMERCIAL MORTGAGE TRUST SER	N/A	929766YV9	657,911	658,374.06	0.26%
FREDDIE MAC 2877 GP 4.000% 15/NOV/2018	N/A	31395HJU5	632,387	649,636.98	0.25%
FREDDIE MAC 2629 AM-MAC 4.000% 15/JAN/2018	N/A	31393RKM1	591,574	613,643.40	0.24%
TOYOTA AUTO RECEIVABLES OWNER TRUST 2010-A A-3	N/A	89232EAC6	609,584	611,737.77	0.24%
FREDDIE MAC 2640 GD 4.500% 15/AUG/2017	N/A	31393WAK5	604,864	608,980.28	0.24%
PG & E ENERGY RECOVERY FUNDING LLC 5.03%	N/A	693401AG6	600,642	607,053.28	0.24%
PRAXAIR INC 1.75% 15/NOV/2012	N/A	74005PAW4	600,000	607,089.60	0.24%
FREDDIE MAC 3636 EB 2.000% 15/NOV/2018	N/A	31398WLZ5	579,936	588,155.53	0.23%
BANC AMERICA COML MTG INC VAR CMO 10/OCT/2045	N/A	05947U2Q0	534,406	559,479.41	0.22%
FREDDIE MAC 2672 NF-MAC 4.000% 15/DEC/2016	N/A	31394HYE5	552,291	559,391.02	0.22%
FREDDIE MAC 3591 NA 1.250% 15/OCT/2012	N/A	31398KKS8	531,225	532,447.04	0.21%
FREDDIE MAC 3683 AD 2.250% 15/JUN/2020	N/A	31398QK55	521,112	528,081.50	0.21%
DISNEY(WALT)CO 6.375% BDS 01/MAR/2012 USD1000	N/A	25468PBX3	500,000	509,474.50	0.20%
FANNIE MAE 2003-12 OK 4.000% 25/JUN/2017	N/A	31393UJT1	496,929	505,753.21	0.20%
RABOBANK NEDERLAND 2.65% BDS 17/AUG/2012	N/A	74977RBU7	485,000	492,382.19	0.19%
FANNIE MAE 2004-6 CA 4.000% 25/JUN/2017	N/A	31393UR70	484,850	492,168.34	0.19%
2008-15 JM 0.000% 25/FEB/2019	N/A	31396YYY2	467,042	484,602.74	0.19%
ANHEUSER-BUSCH INBEV SA 3% GTD NTS 15/OCT/2012	N/A	03523TAL2	460,000	469,548.68	0.18%
COOPER U.S. INC 5.25% NTS 15/NOV/2012 USD1000	N/A	216871AB9	450,000	469,603.35	0.18%
FANNIE MAE 2003-67 TA 3.000% 25/AUG/2017	N/A	31393DPV7	455,370	460,308.75	0.18%
FREDDIE MAC 3610 AB 1.400% 15/DEC/2014	N/A	31398LL48	458,765	460,187.75	0.18%
GINNIE MAE 2009-57 BA 2.250% 16/JUN/2039	N/A	38374VSC4	445,429	454,521.63	0.18%
FREDDIE MAC 2613 PA 3.250% 15/MAY/2018	N/A	31393RFC9	441,683	448,516.33	0.18%
FREDDIE MAC 3865 DA 1.250% 15/DEC/2016	N/A	3137AAR88	447,569	448,355.12	0.18%
FREDDIE MAC 3584 BL 1.250% 15/OCT/2012	N/A	31398KJG6	441,157	441,880.72	0.17%
KIMBERLY-CLARK CORP 5% BDS 15/AUG/2013 USD1000	N/A	494368AX1	400,000	427,968.40	0.17%
BANK OF AMERICA CMM MTG 2005-1 CL A3 4.877	N/A	05947UC89	427,512	427,627.93	0.17%
NUCOR CORP 5% SNR NTS 01/DEC/2012 USD1000	N/A	670346AF2	400,000	417,500.00	0.16%
CITIGROUP COMMERCIAL MTGE 5.7206% MTG BDS	N/A	17309DAB9	380,000	393,144.58	0.15%
WORLD OMNI AUTO RECEIVABLES TRUST 2009-A A-3	N/A	98156YAD3	362,725	363,981.31	0.14%
FREDDIE MAC 2783 AB 4.000% 15/OCT/2017	N/A	31394WYH5	356,194	362,699.36	0.14%
FANNIE MAE 2004-29 L-RCR 4.000% 25/SEP/2017	N/A	31393YRW7	322,118	326,563.28	0.13%
FANNIE MAE 2004-32 AB 4.000% 25/OCT/2017	N/A	31393XZ34	315,562	320,788.82	0.13%
GE EQUIP MIDTICKET 0% BDS 14/JAN/2013 USD CL A-2	N/A	36161HAB7	312,591	312,567.92	0.12%
JOHN DEERE OWNER TRUST 2009-B A-3 1.570%	N/A	477875AC2	304,519	305,200.16	0.12%
FREDDIE MAC 2633 PD 4.500% 15/AUG/2016	N/A	31393RLV0	277,488	278,233.80	0.11%
FREDDIE MAC 3110 AG 5.000% 15/MAR/2019	N/A	31396HLW7	272,518	275,763.14	0.11%
FREDDIE MAC 2625 JD 3.250% 15/JUL/2017	N/A	31393RJY7	199,973	202,110.04	0.08%
HYUNDAI AUTO RECEIVABLES TRUST 2010-A A2 0.860%	N/A	44923WAB7	183,282	183,296.13	0.07%
2003-14 AN 0.000% 25/MAR/2033	N/A	31392JDX4	149,475	157,602.51	0.06%
FORD CREDIT AUTO OWNER TRUST 2010-B A-2 0.650%	N/A	34529MAB8	157,738	157,747.81	0.06%
WACHOVIA BANK COMMERICAL MTG TST 5.275% CMO	N/A	92978PAB5	127,748	127,776.33	0.05%
FNMA MORTPASS 5.5% 01/FEB/2017 CI PN# 254195	N/A	31371KKG5	99,010	107,456.08	0.04%
FANNIE MAE 2003-57 NB 3.000% 25/JUN/2018	N/A	31393CG98	101,210	104,544.96	0.04%
GE CAPITAL COMMERCIAL MORTGAGE CORP 3.915% BDS	N/A	36828QDM5	104,384	104,328.63	0.04%
TOYOTA AUTO RECEIVABLES OWNER TRUST 2010-B A-2	N/A	89235YAB1	92,163	92,168.04	0.04%
FNMA PASS THRU CTF POOL NO: 625178	N/A	31389GQ78	82,366	89,391.54	0.03%
FNMA MORTPASS 6% 01/DEC/2016 CI PN# 254089	N/A	31371KF63	48,359	52,503.26	0.02%
FNMA MORTPASS 6% 01/JAN/2017 CI PN# 545415	N/A	31385H3Y6	42,548	46,195.24	0.02%
FEDERAL NATIONAL MORTGAGE ASSOC 6% MTG BKD PASS	N/A	31371J5E0	29,829	32,385.56	0.01%
FHLMCGLD MORTPASS 6% 01/JUL/2016 E0 PN# E00991	N/A	31294KC45	22,898	24,419.43	0.01%
FEDERAL HOME LN MTG CORP PN# E00678	N/A	31294JXF0	13,477	14,196.42	0.01%
FHLMC REMIC SER 2664 CL GA	N/A	31394H6A4	7,293	7,302.05	0.00%

View top ten holdings for 12/30/2011

Pricing and Performance

Pricing and performance for this fund

Pricing and performance for all funds

Principal Risks

The Fund is subject to credit and liquidity risks associated with the underlying bonds owned by the Fund.

The Fund also is subject to prepayment and call risk, extension risk, and mortgage- and asset-backed securities risk to varying degrees.

NFW-1895AO.3

My Account

Log in to my:

Have your username and password ready.

Contact Us

Account Services
1-800-848-0920

Nationwide Investment Professionals
1-877-245-0761

Find a local professional

Email us

Connect with Nationwide:

The Nationwide Mutual Funds described in this site are sold only to persons residing in the United States. Investing in mutual funds involves risk, including the possible loss of principal. Investors’ shares, when redeemed, may be worth more or less than their original cost. Investors should carefully consider a fund’s (and, if applicable, each of its underlying funds’) investment objectives, risks, fees, charges and expenses before investing any money. To obtain this and other information on Nationwide Funds, please call 1-800-848-0920 to request a prospectus. Please read it carefully before investing any money.

Nationwide Funds distributed by Nationwide Fund Distributors LLC, Member FINRA. 1000 Continental Drive, Suite 400, King of Prussia, PA 19406.

Nationwide, the Nationwide framemark, Nationwide Funds and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company. Nationwide Funds Group is a service mark of Nationwide Mutual Insurance Company.