"KCSH Holdings","As of 2025-09-12","Holdings Are Subject To Change"
Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)"
1,Cash,6.16,,–,"13,769,240","13,769,240"
2,"BANK OF AMERICA CORP MTN 4.45 03/03/26",2.46,,US06051GFU85,"5,500,000","5,503,412"
3,"ASB BANK LTD 5.346 06/15/26",1.58,,US00216NAG43,"3,500,000","3,530,147"
4,"MANUFACTURERS & TRADERS TRUST CO 4.65 01/27/26",1.48,,US55279HAV24,"3,300,000","3,302,219"
5,"DELL INTERNATIONAL LLC / EMC CORP 6.02 06/15/26",1.35,,US24703TAD81,"3,000,000","3,025,510"
6,"REALTY INCOME CORP 4 7/8 06/01/26",1.35,,US756109BF09,"3,000,000","3,008,259"
7,"MICROSOFT CORP 3 1/8 11/03/25",1.34,,US594918BJ27,"3,000,000","2,995,316"
8,"BANK OF NOVA SCOTIA/THE 1.35 06/24/26",1.31,,US0641594A17,"3,000,000","2,938,273"
9,"PRUDENTIAL FINANCIAL INC MTN 1 1/2 03/10/26",1.27,,US74432QCH65,"2,880,000","2,843,270"
10,"CISCO SYSTEMS INC 2.95 02/28/26",1.18,,US17275RBC51,"2,652,000","2,637,339"
11,"TOYOTA MOTOR CREDIT CORP MTN 1 1/8 06/18/26",1.13,,US89236TJK25,"2,585,000","2,529,113"
12,"COMCAST CORP 3.15 03/01/26",1.13,,US20030NBS99,"2,528,000","2,517,695"
13,"CITIBANK NA 5.438 04/30/26",1.13,,US17325FBF45,"2,500,000","2,517,514"
14,"WESTPAC BANKING CORP 5.2 04/16/26",1.13,,US961214FR90,"2,500,000","2,516,122"
15,"BANK OF NOVA SCOTIA/THE 4 3/4 02/02/26",1.12,,US06417XAN12,"2,500,000","2,506,357"
16,"CITIGROUP INC 4.6 03/09/26",1.12,,US172967KJ96,"2,500,000","2,504,293"
17,"HSBC HOLDINGS PLC 4.3 03/08/26",1.12,,US404280AW98,"2,500,000","2,500,360"
18,"AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 4.45 04/03/26",1.12,,US00774MAL90,"2,500,000","2,498,938"
19,"TRUIST BANK 3.3 05/15/26",1.11,,US86787GAJ13,"2,500,000","2,483,794"
20,"TORONTO-DOMINION BANK/THE MTN 1.2 06/03/26",1.10,,US89114TZD70,"2,500,000","2,449,289"
21,"TWDC ENTERPRISES 18 CORP MTN 3.15 09/17/25",1.05,,US25468PDF09,"2,350,000","2,349,770"
22,"APPLE INC 3 1/4 02/23/26",1.02,,US037833BY53,"2,300,000","2,291,632"
23,"AMERICAN EXPRESS CO 4.9 02/13/26",0.99,,US025816DC04,"2,200,000","2,204,528"
24,"JOHN DEERE CAPITAL CORP MTN 4 3/4 06/08/26",0.90,,US24422EWX39,"2,000,000","2,011,818"
25,"MORGAN STANLEY BANK NA 4.754 04/21/26",0.90,,US61690U4T48,"2,000,000","2,006,030"
26,"APPLE INC 4.421 05/08/26",0.89,,US037833ES58,"2,000,000","2,000,508"
27,"ZOETIS INC 4 1/2 11/13/25",0.89,,US98978VAK98,"2,000,000","1,999,986"
28,"TRUIST BANK 3 5/8 09/16/25",0.89,,US07330MAB37,"2,000,000","1,999,903"
29,"AON GLOBAL LTD 3 7/8 12/15/25",0.89,,US00185AAK07,"2,000,000","1,997,647"
30,"MORGAN STANLEY MTN 3 7/8 01/27/26",0.89,,US61746BDZ67,"2,000,000","1,997,362"
31,"JB HUNT TRANSPORT SERVICES INC 3 7/8 03/01/26",0.89,,US445658CF29,"2,000,000","1,995,841"
32,"LAM RESEARCH CORP 3 3/4 03/15/26",0.89,,US512807AS72,"2,000,000","1,995,720"
33,"MARSH & MCLENNAN COS INC 3 3/4 03/14/26",0.89,,US571748AZ55,"2,000,000","1,995,554"
34,"ARES CAPITAL CORP 3 7/8 01/15/26",0.89,,US04010LAZ67,"2,000,000","1,995,235"
35,"JPMORGAN CHASE & CO 3.3 04/01/26",0.89,,US46625HQW33,"2,000,000","1,991,552"
36,"WASTE MANAGEMENT INC 0 3/4 11/15/25",0.89,,US94106LBL27,"2,000,000","1,988,040"
37,"WELLS FARGO & CO 3 04/22/26",0.89,,US949746RW34,"2,000,000","1,986,038"
38,"BANK OF NEW YORK MELLON CORP/THE MTN 2.8 05/04/26",0.89,,US06406FAC77,"2,000,000","1,983,993"
39,"STATE STREET CORP 2.65 05/19/26",0.89,,US857477AW33,"2,000,000","1,981,982"
40,"COMMONWEALTH EDISON CO 2.55 06/15/26",0.88,,US202795JH45,"2,000,000","1,977,891"
41,"SUMITOMO MITSUI FINANCIAL GROUP INC 2.632 07/14/26",0.88,,US86562MAF77,"2,000,000","1,976,652"
42,"INTEL CORP 2.6 05/19/26",0.88,,US458140AU47,"2,000,000","1,976,450"
43,"APPLE INC 0.7 02/08/26",0.88,,US037833EB24,"2,000,000","1,973,147"
44,"PUBLIC STORAGE OPERATING CO 0 7/8 02/15/26",0.88,,US74460WAA53,"2,000,000","1,972,696"
45,"FORTINET INC 1 03/15/26",0.88,,US34959EAA73,"2,000,000","1,966,811"
46,"ROYAL BANK OF CANADA MTN 1.2 04/27/26",0.88,,US78016EZQ33,"2,000,000","1,964,646"
47,"BANCO SANTANDER SA 5.179 11/19/25",0.81,,US05971KAA79,"1,800,000","1,802,175"
48,"PEPSICO INC 5 1/4 11/10/25",0.71,,US713448FV55,"1,586,000","1,588,132"
49,"WELLS FARGO & CO MTN 4.1 06/03/26",0.69,,US94974BFY11,"1,550,000","1,548,574"
50,"UNITEDHEALTH GROUP INC 4 3/4 07/15/26",0.67,,US91324PFF45,"1,500,000","1,507,910"
51,"ROYAL BANK OF CANADA MTN 4 7/8 01/12/26",0.67,,US78016FZT47,"1,500,000","1,502,568"
52,"PEPSICO INC 4.55 02/13/26",0.67,,US713448FQ60,"1,500,000","1,501,609"
53,"CIGNA GROUP/THE 4 1/8 11/15/25",0.67,,US125523AG54,"1,500,000","1,498,708"
54,"US BANCORP MTN 3.95 11/17/25",0.67,,US91159HHU77,"1,500,000","1,498,346"
55,"FIFTH THIRD BANK NA 3.85 03/15/26",0.67,,US31677AAB08,"1,500,000","1,494,956"
56,"MIZUHO FINANCIAL GROUP INC 3.477 04/12/26",0.67,,USJ4599LAL65,"1,500,000","1,493,769"
57,"STANLEY BLACK & DECKER INC 3.4 03/01/26",0.67,,US854502AK74,"1,500,000","1,492,581"
58,"CISCO SYSTEMS INC 4.9 02/26/26",0.67,,US17275RBP64,"1,484,000","1,489,285"
59,"DEUTSCHE BANK AG/NEW YORK NY 1.686 03/19/26",0.66,,US25160PAF45,"1,500,000","1,481,307"
60,"BANK OF NOVA SCOTIA/THE 1.05 03/02/26",0.66,,US0641593U89,"1,500,000","1,478,423"
61,"LSEGA FINANCING PLC 1 3/8 04/06/26",0.66,,USG5690PAB79,"1,500,000","1,476,125"
62,"MCKESSON CORP 0.9 12/03/25",0.61,,US581557BQ70,"1,383,000","1,372,586"
63,"REALTY INCOME CORP 5.05 01/13/26",0.61,,US756109BQ63,"1,372,000","1,372,032"
64,"DR HORTON INC 2.6 10/15/25",0.59,,US23331ABN81,"1,331,000","1,328,766"
65,"SUMITOMO MITSUI FINANCIAL GROUP INC 5.464 01/13/26",0.59,,US86562MCT53,"1,318,000","1,322,844"
66,"UNITEDHEALTH GROUP INC 1 1/4 01/15/26",0.55,,US91324PDW95,"1,250,000","1,237,682"
67,"JOHN DEERE CAPITAL CORP MTN 5.05 03/03/26",0.54,,US24422EWT27,"1,200,000","1,205,134"
68,"BMW US CAPITAL LLC 2.8 04/11/26",0.53,,USU09513GM51,"1,200,000","1,190,283"
69,"ROYAL BANK OF CANADA MTN 5.2 07/20/26",0.45,,US78016FZZ07,"1,000,000","1,009,412"
70,"NOMURA HOLDINGS INC 5.709 01/09/26",0.45,,US65535HBG39,"1,000,000","1,003,695"
71,"JOHN DEERE CAPITAL CORP MTN 4.8 01/09/26",0.45,,US24422EWP05,"1,000,000","1,001,600"
72,"COOPERATIEVE RABOBANK UA/NY 4.85 01/09/26",0.45,,US21688ABA97,"1,000,000","1,001,590"
73,"TOYOTA MOTOR CREDIT CORP 5.4 11/10/25",0.45,,US89236TKK06,"1,000,000","1,001,560"
74,"CHARLES SCHWAB CORP/THE Float 05/13/26",0.45,,US808513BQ70,"1,000,000","1,000,956"
75,"MORGAN STANLEY MTN 5 11/24/25",0.45,,US6174467X10,"1,000,000","1,000,912"
76,"UNITEDHEALTH GROUP INC 5.15 10/15/25",0.45,,US91324PEN87,"1,000,000","1,000,485"
77,"BANK OF MONTREAL 5.92 09/25/25",0.45,,US06368LWT96,"1,000,000","1,000,426"
78,"CIGNA GROUP/THE 4 1/2 02/25/26",0.45,,US125523BZ27,"1,000,000","1,000,285"
79,"BARCLAYS PLC 4 3/8 01/12/26",0.45,,US06738EAN58,"1,000,000","1,000,045"
80,"REALTY INCOME CORP 4 5/8 11/01/25",0.45,,US756109BE34,"1,000,000","1,000,022"
81,"SWIRE PACIFIC MTN FINANCING LTD MTN 3 7/8 09/21/25",0.45,,XS1293482599,"1,000,000","999,914"
82,"COMCAST CORP 3.95 10/15/25",0.45,,US20030NCS80,"1,000,000","999,890"
83,"AMERICAN EXPRESS CO 4.2 11/06/25",0.45,,US025816CA56,"1,000,000","999,773"
84,"BANCO BILBAO VIZCAYA ARGENTARIA SA 1 1/8 09/18/25",0.45,,US05946KAJ07,"1,000,000","999,721"
85,"WALT DISNEY CO/THE 3.7 10/15/25",0.45,,US254687DD54,"1,000,000","999,477"
86,"TRUIST BANK 4.05 11/03/25",0.45,,US86787EBB20,"1,000,000","999,422"
87,"TOYOTA MOTOR CREDIT CORP MTN 4.05 10/24/25",0.45,,XS1885506813,"1,000,000","999,401"
88,"COREBRIDGE GLOBAL FUNDING 0.9 09/22/25",0.45,,US00138EAN40,"1,000,000","999,319"
89,"STRYKER CORP 3 3/8 11/01/25",0.45,,US863667AH48,"1,000,000","998,605"
90,"HSBC HOLDINGS PLC 3.9 05/25/26",0.45,,US404280BB43,"1,000,000","998,241"
91,"CITIGROUP INC 3.7 01/12/26",0.45,,US172967KG57,"1,000,000","998,121"
92,"GOLDMAN SACHS GROUP INC/THE 3 3/4 02/25/26",0.45,,US38143U8H71,"1,000,000","998,061"
93,"VISA INC 3.15 12/14/25",0.45,,US92826CAD48,"1,000,000","997,576"
94,"BOSTON PROPERTIES LP 3.65 02/01/26",0.45,,US10112RAX26,"1,000,000","996,948"
95,"SIMON PROPERTY GROUP LP 3.3 01/15/26",0.45,,US828807CW58,"1,000,000","996,637"
96,"CANADIAN IMPERIAL BANK OF COMMERCE 0.95 10/23/25",0.45,,US13607GRR73,"1,000,000","996,347"
97,"ZIMMER BIOMET HOLDINGS INC 3.05 01/15/26",0.45,,US98956PAS11,"1,000,000","995,766"
98,"TWDC ENTERPRISES 18 CORP 3 02/13/26",0.45,,US25468PDK93,"1,000,000","995,456"
99,"CITIGROUP INC 3.4 05/01/26",0.45,,US172967KN09,"1,000,000","995,359"
100,"CHUBB INA HOLDINGS LLC 3.35 05/03/26",0.44,,US00440EAV92,"1,000,000","994,890"
101,"AMERICAN EXPRESS CO 3 1/8 05/20/26",0.44,,US025816CF44,"1,000,000","993,439"
102,"US BANCORP MTN 3.1 04/27/26",0.44,,US91159HHM51,"1,000,000","992,783"
103,"WESTPAC BANKING CORP 2.85 05/13/26",0.44,,US961214CX95,"1,000,000","992,218"
104,"WALT DISNEY CO/THE 1 3/4 01/13/26",0.44,,US254687FV35,"1,000,000","992,098"
105,"ALLSTATE CORP/THE 0 3/4 12/15/25",0.44,,US020002BH30,"1,000,000","991,394"
106,"T-MOBILE USA INC 2 1/4 02/15/26",0.44,,US87264ABR59,"1,000,000","991,104"
107,"TORONTO-DOMINION BANK/THE MTN 0 3/4 01/06/26",0.44,,US89114QCP19,"1,000,000","989,509"
108,"PNC FINANCIAL SERVICES GROUP INC/THE 2.6 07/23/26",0.44,,US693475AX33,"1,000,000","988,776"
109,"ROYAL BANK OF CANADA MTN 0 7/8 01/20/26",0.44,,US78016EZM29,"1,000,000","988,759"
110,"T-MOBILE USA INC 1 1/2 02/15/26",0.44,,US87264ABZ75,"1,000,000","987,894"
111,"BANK OF NEW YORK MELLON CORP/THE MTN 0 3/4 01/28/26",0.44,,US06406RAQ02,"1,000,000","987,433"
112,"VERIZON COMMUNICATIONS INC 1.45 03/20/26",0.44,,US92343VGG32,"1,000,000","986,616"
113,"EBAY INC 1.4 05/10/26",0.44,,US278642AX15,"1,000,000","982,581"
114,"UNITEDHEALTH GROUP INC 1.15 05/15/26",0.44,,US91324PEC23,"1,000,000","981,506"
115,"EQUINIX INC 1.45 05/15/26",0.44,,US29444UBQ85,"1,000,000","981,252"
116,"CHARLES SCHWAB CORP/THE 1.15 05/13/26",0.44,,US808513BR53,"1,000,000","980,814"
117,"ROYAL BANK OF CANADA MTN 1.15 07/14/26",0.44,,US78016EZT71,"1,000,000","976,758"
118,"UBS GROUP AG 4 1/8 09/24/25",0.42,,USG91703AB73,"928,000","927,928"
119,"WESTPAC BANKING CORP Float 04/16/26",0.40,,US961214FS73,"900,000","900,880"
120,"WELLS FARGO & CO MTN 3.55 09/29/25",0.40,,US94974BGP94,"900,000","899,613"
121,"JACKSON NATIONAL LIFE GLOBAL FUNDING 5 1/2 01/09/26",0.38,,US46849MCF41,"850,000","852,626"
122,"INTEL CORP 4 7/8 02/10/26",0.38,,US458140CD04,"850,000","851,564"
123,"BROADCOM INC 3.15 11/15/25",0.36,,US11135FBB67,"800,000","798,079"
124,"KELLANOVA 3 1/4 04/01/26",0.36,,US487836BP25,"800,000","795,683"
125,"BANQUE FEDERATIVE DU CREDIT MUTUEL SA 4.935 01/26/26",0.35,,US06675GAZ81,"791,000","792,702"
126,"AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 1 3/4 01/30/26",0.35,,US00774MAS44,"786,000","778,061"
127,"PNC BANK NA 4.2 11/01/25",0.34,,US69349LAQ14,"750,000","749,481"
128,"WESTPAC BANKING CORP 5.512 11/17/25",0.31,,US961214FL21,"700,000","701,429"
129,"AIR LEASE CORP MTN 5.3 06/25/26",0.29,,US00914AAW27,"650,000","654,899"
130,"AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK 5.671 10/03/25",0.27,,US05253JAY73,"600,000","600,389"
131,"CHARLES SCHWAB CORP/THE 0.9 03/11/26",0.26,,US808513BF16,"596,000","586,526"
132,"ELEVANCE HEALTH INC 4.9 02/08/26",0.25,,US28622HAA95,"560,000","560,023"
133,"DEUTSCHE BANK AG/NEW YORK NY 7.146 07/13/27",0.23,,US25160PAN78,"500,000","511,204"
134,"MORGAN STANLEY MTN 6 1/4 08/09/26",0.23,,US61746BCY02,"500,000","509,637"
135,"LLOYDS BANKING GROUP PLC 5.985 08/07/27",0.23,,US539439AY57,"500,000","507,356"
136,"BANK OF AMERICA NA 5.526 08/18/26",0.23,,US06428CAA27,"500,000","506,476"
137,"WELLS FARGO BANK NA 5.45 08/07/26",0.23,,US94988J6D46,"500,000","505,735"
138,"AMERICAN HONDA FINANCE CORP MTN 5 1/4 07/07/26",0.23,,US02665WEK36,"500,000","504,358"
139,"ROYAL BANK OF CANADA MTN 5.069 07/23/27",0.23,,US78016HZX15,"500,000","503,742"
140,"PNC FINANCIAL SERVICES GROUP INC/THE 5.102 07/23/27",0.23,,US693475BY07,"500,000","503,238"
141,"TOYOTA MOTOR CREDIT CORP MTN 4.55 08/07/26",0.22,,US89236TMJ15,"500,000","502,557"
142,"MANUFACTURERS & TRADERS TRUST CO 5.4 11/21/25",0.22,,US55279HAT77,"500,000","500,469"
143,"MAGNA INTERNATIONAL INC 4.15 10/01/25",0.22,,US559222AR55,"500,000","499,927"
144,"APPLIED MATERIALS INC 3.9 10/01/25",0.22,,US038222AJ43,"500,000","499,904"
145,"TRANSURBAN FINANCE CO PTY LTD 4 1/8 02/02/26",0.22,,USQ9194UAG78,"500,000","499,093"
146,"INVESCO FINANCE PLC 3 3/4 01/15/26",0.22,,US46132FAD24,"500,000","498,884"
147,"TOYOTA MOTOR CREDIT CORP MTN 0.8 10/16/25",0.22,,US89236THP30,"500,000","498,330"
148,"PEPSICO INC 2.85 02/24/26",0.22,,US713448DF24,"500,000","497,141"
149,"JPMORGAN CHASE & CO 3.2 06/15/26",0.22,,US46625HRS12,"500,000","497,128"
150,"VERIZON COMMUNICATIONS INC 0.85 11/20/25",0.22,,US92343VFS88,"500,000","496,754"
151,"CNH INDUSTRIAL CAPITAL LLC 1 7/8 01/15/26",0.22,,US12592BAL80,"500,000","495,755"
152,"SCENTRE GROUP TRUST 1 / SCENTRE GROUP TRUST 2 3 5/8 01/28/26",0.20,,USQ8352BAD66,"450,000","448,652"
153,"AMERICAN EXPRESS CO 5.389 07/28/27",0.09,,US025816DG18,"200,000","201,981"
154,"TORONTO-DOMINION BANK/THE MTN 5.532 07/17/26",0.07,,US89115A2S07,"150,000","151,773"