Aerospace & Defense — 2.5%

Boeing Co. (The)

United Technologies Corp.⁽¹⁾

Automobiles — 2.0%

Honda Motor Co., Ltd.⁽¹⁾

Toyota Motor Corp.⁽¹⁾

Beverages — 1.0%

Anheuser-Busch InBev NV⁽¹⁾

Biotechnology — 1.0%

Biogen Idec, Inc.⁽²⁾

Celgene Corp.⁽²⁾

Gilead Sciences, Inc.⁽²⁾

Chemicals — 5.2%

Arkema SA

CF Industries Holdings, Inc.

E.I. du Pont de Nemours & Co.

LyondellBasell Industries NV, Class A

PPG Industries, Inc.⁽¹⁾

Commercial Banks — 9.6%

BNP Paribas SA

Mitsubishi UFJ Financial Group, Inc.

Natixis

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

Societe Generale

Sumitomo Mitsui Financial Group, Inc.

Swedbank AB, Class A

Wells Fargo & Co.

Commercial Services & Supplies — 0.2%

Brambles, Ltd.

Communications Equipment — 1.6%

QUALCOMM, Inc.⁽¹⁾

Telefonaktiebolaget LM Ericsson, Class B

Computers & Peripherals — 1.4%

Apple, Inc.

Construction & Engineering — 1.3%

Vinci SA

Consumer Finance — 1.8%

Discover Financial Services

Diversified Consumer Services — 0.9%

Sotheby’s

Diversified Financial Services — 4.6%

Bank of America Corp.

Citigroup, Inc.⁽¹⁾

JPMorgan Chase & Co.⁽¹⁾

Diversified Telecommunication Services — 1.6%

Bezeq Israeli Telecommunication Corp., Ltd.

Deutsche Telekom AG

Telenor ASA

Electric Utilities — 0.8%

Edison International

SSE PLC

Electrical Equipment — 1.1%

Emerson Electric Co.

Electronic Equipment, Instruments & Components — 1.3%

Corning, Inc.

Energy Equipment & Services — 0.5%

FMC Technologies, Inc.⁽²⁾

Food Products — 1.6%

Mondelez International, Inc., Class A⁽¹⁾

Nestle SA ADR⁽¹⁾

Health Care Equipment & Supplies — 1.8%

Abbott Laboratories

Covidien PLC

Medtronic, Inc.

Hotels, Restaurants & Leisure — 1.0%

Compass Group PLC

McDonald’s Corp.⁽¹⁾

Household Products — 2.2%

Reckitt Benckiser Group PLC

Svenska Cellulosa AB SCA, Class B

Industrial Conglomerates — 2.8%

Danaher Corp.

Koninklijke Philips NV

Siemens AG

Insurance — 5.4%

Aflac, Inc.⁽¹⁾

AXA SA⁽¹⁾

MetLife, Inc.

Progressive Corp.

Swiss Reinsurance Co., Ltd.⁽²⁾

Internet & Catalog Retail — 0.7%

Amazon.com, Inc.⁽¹⁾⁽²⁾

Internet Software & Services — 1.8%

eBay, Inc.⁽²⁾

Facebook, Inc., Class A⁽¹⁾⁽²⁾

Google, Inc., Class A⁽¹⁾⁽²⁾

IT Services — 0.9%

Accenture PLC, Class A⁽¹⁾

Visa, Inc., Class A

Machinery — 0.9%

Caterpillar, Inc.

IMI PLC

Media — 2.8%

Walt Disney Co. (The)⁽¹⁾

WPP PLC

Metals & Mining — 1.9%

BHP Billiton PLC

Freeport-McMoRan Copper & Gold, Inc.⁽¹⁾

Multi-Utilities — 2.2%

National Grid PLC⁽¹⁾

Sempra Energy⁽¹⁾

Multiline Retail — 0.6%

Dollar General Corp.⁽²⁾

Oil, Gas & Consumable Fuels — 8.4%

Chevron Corp.⁽¹⁾

ENI SpA⁽¹⁾

Exxon Mobil Corp.

Occidental Petroleum Corp.⁽¹⁾

Phillips 66⁽¹⁾

Total SA

Pharmaceuticals — 9.8%

Astellas Pharma, Inc.

AstraZeneca PLC

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) — 0.8%

AvalonBay Communities, Inc.⁽¹⁾

Road & Rail — 1.5%

Union Pacific Corp.⁽¹⁾

Semiconductors & Semiconductor Equipment — 0.3%

NXP Semiconductors NV⁽²⁾

Software — 1.4%

Microsoft Corp.⁽¹⁾

SAP AG

Specialty Retail — 3.1%

Home Depot, Inc. (The)⁽¹⁾

Industria de Diseno Textil SA

Kingfisher PLC

Textiles, Apparel & Luxury Goods — 1.7%

Adidas AG⁽¹⁾

Compagnie Financiere Richemont SA, Class A

Pandora A/S

Tobacco — 3.1%

British American Tobacco PLC

Imperial Tobacco Group PLC

Japan Tobacco, Inc.

Trading Companies & Distributors — 0.4%

Mitsui & Co., Ltd.

Wireless Telecommunication Services — 4.1%

Vodafone Group PLC

Vodafone Group PLC ADR

Total Common Stocks
(identified cost $302,390,109)

Preferred Stocks — 21.8%

Banks — 1.0%

AgriBank FCB, 6.875% to 1/1/24⁽²⁾⁽³⁾

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

Capital Markets — 0.8%

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⁾

Commercial Banks — 8.9%

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

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

Citigroup, Inc., Series B, 5.90% to 2/15/23⁽³⁾

Citigroup, Inc., Series K, 6.875% to 11/15/23⁽²⁾⁽³⁾

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

Credit Agricole SA, 8.125% to 9/19/18⁽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 1, 7.90% to 4/30/18⁽³⁾

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%

Regions Financial Corp., Series A, 6.375%

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

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%

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

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

Consumer Finance — 1.2%

Ally Financial, Inc., Series A, 8.50% to 5/15/16⁽³⁾

Capital One Financial Corp., Series B, 6.00%

Discover Financial Services, Series B, 6.50%

Diversified Financial Services — 2.3%

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

General Electric Capital Corp., Series A, 7.125% to 6/15/22⁽¹⁾⁽³⁾

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

KKR Financial Holdings, LLC, Series A, 7.375%

RBS Capital Funding Trust VII, Series G, 6.08%

UBS AG, 7.625%⁽¹⁾

Electric Utilities — 2.4%

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., 4.90%

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⁾

Virginia Electric and Power Co., 6.12%

Food Products — 0.8%

Dairy Farmers of America, 7.875%⁽⁴⁾

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

Insurance — 1.4%

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

Aspen Insurance Holdings, Ltd., 7.25%

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%

Prudential PLC, 6.50%

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) — 1.1%

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 $77,883,223)

Corporate Bonds & Notes — 7.1%

Chemicals — 0.1%

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

Commercial Banks — 1.4%

Banco do Brasil SA, 6.25% to 4/15/24, 12/29/49⁽³⁾⁽⁴⁾

Citigroup Capital III, 7.625%, 12/1/36

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

Credit Suisse AG, 6.50%, 8/8/23⁽⁴⁾

Credit Suisse Group AG, 7.50% to 12/11/23, 12/11/49⁽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⁾

Diversified Financial Services — 0.7%

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⁾

Electric Utilities — 1.4%

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