"KCSH Holdings","As of 2025-09-16","Holdings Are Subject To Change"
Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)"
1,Cash,8.13,,–,"18,199,008","18,199,008"
2,"BANK OF AMERICA CORP MTN 4.45 03/03/26",2.46,,US06051GFU85,"5,500,000","5,506,896"
3,"ASB BANK LTD 5.346 06/15/26",1.58,,US00216NAG43,"3,500,000","3,531,775"
4,"MANUFACTURERS & TRADERS TRUST CO 4.65 01/27/26",1.48,,US55279HAV24,"3,300,000","3,302,527"
5,"DELL INTERNATIONAL LLC / EMC CORP 6.02 06/15/26",1.35,,US24703TAD81,"3,000,000","3,025,241"
6,"REALTY INCOME CORP 4 7/8 06/01/26",1.35,,US756109BF09,"3,000,000","3,009,403"
7,"MICROSOFT CORP 3 1/8 11/03/25",1.34,,US594918BJ27,"3,000,000","2,995,943"
8,"BANK OF NOVA SCOTIA/THE 1.35 06/24/26",1.31,,US0641594A17,"3,000,000","2,940,672"
9,"PRUDENTIAL FINANCIAL INC MTN 1 1/2 03/10/26",1.27,,US74432QCH65,"2,880,000","2,843,878"
10,"CISCO SYSTEMS INC 2.95 02/28/26",1.18,,US17275RBC51,"2,652,000","2,638,535"
11,"TOYOTA MOTOR CREDIT CORP MTN 1 1/8 06/18/26",1.13,,US89236TJK25,"2,585,000","2,527,972"
12,"CITIBANK NA 5.438 04/30/26",1.13,,US17325FBF45,"2,500,000","2,518,915"
13,"COMCAST CORP 3.15 03/01/26",1.13,,US20030NBS99,"2,528,000","2,517,851"
14,"WESTPAC BANKING CORP 5.2 04/16/26",1.12,,US961214FR90,"2,500,000","2,516,519"
15,"BANK OF NOVA SCOTIA/THE 4 3/4 02/02/26",1.12,,US06417XAN12,"2,500,000","2,505,380"
16,"CITIGROUP INC 4.6 03/09/26",1.12,,US172967KJ96,"2,500,000","2,504,866"
17,"HSBC HOLDINGS PLC 4.3 03/08/26",1.12,,US404280AW98,"2,500,000","2,501,098"
18,"AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 4.45 04/03/26",1.12,,US00774MAL90,"2,500,000","2,499,100"
19,"TRUIST BANK 3.3 05/15/26",1.11,,US86787GAJ13,"2,500,000","2,484,636"
20,"TORONTO-DOMINION BANK/THE MTN 1.2 06/03/26",1.10,,US89114TZD70,"2,500,000","2,451,487"
21,"APPLE INC 3 1/4 02/23/26",1.02,,US037833BY53,"2,300,000","2,290,983"
22,"AMERICAN EXPRESS CO 4.9 02/13/26",0.99,,US025816DC04,"2,200,000","2,204,445"
23,"JOHN DEERE CAPITAL CORP MTN 4 3/4 06/08/26",0.90,,US24422EWX39,"2,000,000","2,013,678"
24,"MORGAN STANLEY BANK NA 4.754 04/21/26",0.90,,US61690U4T48,"2,000,000","2,006,124"
25,"APPLE INC 4.421 05/08/26",0.89,,US037833ES58,"2,000,000","2,000,038"
26,"ZOETIS INC 4 1/2 11/13/25",0.89,,US98978VAK98,"2,000,000","2,000,000"
27,"MORGAN STANLEY MTN 3 7/8 01/27/26",0.89,,US61746BDZ67,"2,000,000","1,997,587"
28,"AON GLOBAL LTD 3 7/8 12/15/25",0.89,,US00185AAK07,"2,000,000","1,996,782"
29,"JB HUNT TRANSPORT SERVICES INC 3 7/8 03/01/26",0.89,,US445658CF29,"2,000,000","1,996,571"
30,"MARSH & MCLENNAN COS INC 3 3/4 03/14/26",0.89,,US571748AZ55,"2,000,000","1,996,441"
31,"ARES CAPITAL CORP 3 7/8 01/15/26",0.89,,US04010LAZ67,"2,000,000","1,995,989"
32,"LAM RESEARCH CORP 3 3/4 03/15/26",0.89,,US512807AS72,"2,000,000","1,995,816"
33,"JPMORGAN CHASE & CO 3.3 04/01/26",0.89,,US46625HQW33,"2,000,000","1,992,866"
34,"WASTE MANAGEMENT INC 0 3/4 11/15/25",0.89,,US94106LBL27,"2,000,000","1,988,497"
35,"WELLS FARGO & CO 3 04/22/26",0.89,,US949746RW34,"2,000,000","1,987,409"
36,"BANK OF NEW YORK MELLON CORP/THE MTN 2.8 05/04/26",0.89,,US06406FAC77,"2,000,000","1,985,456"
37,"STATE STREET CORP 2.65 05/19/26",0.89,,US857477AW33,"2,000,000","1,982,098"
38,"COMMONWEALTH EDISON CO 2.55 06/15/26",0.88,,US202795JH45,"2,000,000","1,978,349"
39,"SUMITOMO MITSUI FINANCIAL GROUP INC 2.632 07/14/26",0.88,,US86562MAF77,"2,000,000","1,977,248"
40,"INTEL CORP 2.6 05/19/26",0.88,,US458140AU47,"2,000,000","1,976,910"
41,"APPLE INC 0.7 02/08/26",0.88,,US037833EB24,"2,000,000","1,974,045"
42,"PUBLIC STORAGE OPERATING CO 0 7/8 02/15/26",0.88,,US74460WAA53,"2,000,000","1,972,965"
43,"FORTINET INC 1 03/15/26",0.88,,US34959EAA73,"2,000,000","1,967,477"
44,"ROYAL BANK OF CANADA MTN 1.2 04/27/26",0.88,,US78016EZQ33,"2,000,000","1,966,203"
45,"BANCO SANTANDER SA 5.179 11/19/25",0.81,,US05971KAA79,"1,800,000","1,802,016"
46,"PEPSICO INC 5 1/4 11/10/25",0.71,,US713448FV55,"1,586,000","1,588,037"
47,"WELLS FARGO & CO MTN 4.1 06/03/26",0.69,,US94974BFY11,"1,550,000","1,549,594"
48,"UNITEDHEALTH GROUP INC 4 3/4 07/15/26",0.67,,US91324PFF45,"1,500,000","1,508,015"
49,"ROYAL BANK OF CANADA MTN 4 7/8 01/12/26",0.67,,US78016FZT47,"1,500,000","1,502,783"
50,"PEPSICO INC 4.55 02/13/26",0.67,,US713448FQ60,"1,500,000","1,501,545"
51,"CIGNA GROUP/THE 4 1/8 11/15/25",0.67,,US125523AG54,"1,500,000","1,499,014"
52,"US BANCORP MTN 3.95 11/17/25",0.67,,US91159HHU77,"1,500,000","1,498,727"
53,"FIFTH THIRD BANK NA 3.85 03/15/26",0.67,,US31677AAB08,"1,500,000","1,496,618"
54,"MIZUHO FINANCIAL GROUP INC 3.477 04/12/26",0.67,,USJ4599LAL65,"1,500,000","1,494,010"
55,"STANLEY BLACK & DECKER INC 3.4 03/01/26",0.67,,US854502AK74,"1,500,000","1,492,921"
56,"CISCO SYSTEMS INC 4.9 02/26/26",0.67,,US17275RBP64,"1,484,000","1,489,790"
57,"DEUTSCHE BANK AG/NEW YORK NY 1.686 03/19/26",0.66,,US25160PAF45,"1,500,000","1,481,881"
58,"BANK OF NOVA SCOTIA/THE 1.05 03/02/26",0.66,,US0641593U89,"1,500,000","1,478,931"
59,"LSEGA FINANCING PLC 1 3/8 04/06/26",0.66,,USG5690PAB79,"1,500,000","1,476,269"
60,"MCKESSON CORP 0.9 12/03/25",0.61,,US581557BQ70,"1,383,000","1,372,611"
61,"REALTY INCOME CORP 5.05 01/13/26",0.61,,US756109BQ63,"1,372,000","1,372,357"
62,"DR HORTON INC 2.6 10/15/25",0.59,,US23331ABN81,"1,331,000","1,330,102"
63,"SUMITOMO MITSUI FINANCIAL GROUP INC 5.464 01/13/26",0.59,,US86562MCT53,"1,318,000","1,323,105"
64,"UNITEDHEALTH GROUP INC 1 1/4 01/15/26",0.55,,US91324PDW95,"1,250,000","1,237,615"
65,"JOHN DEERE CAPITAL CORP MTN 5.05 03/03/26",0.54,,US24422EWT27,"1,200,000","1,205,470"
66,"BMW US CAPITAL LLC 2.8 04/11/26",0.53,,USU09513GM51,"1,200,000","1,191,114"
67,"ROYAL BANK OF CANADA MTN 5.2 07/20/26",0.45,,US78016FZZ07,"1,000,000","1,009,797"
68,"NOMURA HOLDINGS INC 5.709 01/09/26",0.45,,US65535HBG39,"1,000,000","1,003,713"
69,"COOPERATIEVE RABOBANK UA/NY 4.85 01/09/26",0.45,,US21688ABA97,"1,000,000","1,001,791"
70,"JOHN DEERE CAPITAL CORP MTN 4.8 01/09/26",0.45,,US24422EWP05,"1,000,000","1,001,708"
71,"TOYOTA MOTOR CREDIT CORP 5.4 11/10/25",0.45,,US89236TKK06,"1,000,000","1,001,501"
72,"MORGAN STANLEY MTN 5 11/24/25",0.45,,US6174467X10,"1,000,000","1,000,975"
73,"CHARLES SCHWAB CORP/THE Float 05/13/26",0.45,,US808513BQ70,"1,000,000","1,000,943"
74,"UNITEDHEALTH GROUP INC 5.15 10/15/25",0.45,,US91324PEN87,"1,000,000","1,000,452"
75,"CIGNA GROUP/THE 4 1/2 02/25/26",0.45,,US125523BZ27,"1,000,000","1,000,350"
76,"BANK OF MONTREAL 5.92 09/25/25",0.45,,US06368LWT96,"1,000,000","1,000,312"
77,"BARCLAYS PLC 4 3/8 01/12/26",0.45,,US06738EAN58,"1,000,000","1,000,158"
78,"SWIRE PACIFIC MTN FINANCING LTD MTN 3 7/8 09/21/25",0.45,,XS1293482599,"1,000,000","999,968"
79,"COMCAST CORP 3.95 10/15/25",0.45,,US20030NCS80,"1,000,000","999,922"
80,"BANCO BILBAO VIZCAYA ARGENTARIA SA 1 1/8 09/18/25",0.45,,US05946KAJ07,"1,000,000","999,910"
81,"REALTY INCOME CORP 4 5/8 11/01/25",0.45,,US756109BE34,"1,000,000","999,886"
82,"TRUIST BANK 4.05 11/03/25",0.45,,US86787EBB20,"1,000,000","999,786"
83,"AMERICAN EXPRESS CO 4.2 11/06/25",0.45,,US025816CA56,"1,000,000","999,646"
84,"COREBRIDGE GLOBAL FUNDING 0.9 09/22/25",0.45,,US00138EAN40,"1,000,000","999,519"
85,"WALT DISNEY CO/THE 3.7 10/15/25",0.45,,US254687DD54,"1,000,000","999,447"
86,"TOYOTA MOTOR CREDIT CORP MTN 4.05 10/24/25",0.45,,XS1885506813,"1,000,000","999,156"
87,"CITIGROUP INC 3.7 01/12/26",0.45,,US172967KG57,"1,000,000","998,471"
88,"STRYKER CORP 3 3/8 11/01/25",0.45,,US863667AH48,"1,000,000","998,439"
89,"HSBC HOLDINGS PLC 3.9 05/25/26",0.45,,US404280BB43,"1,000,000","998,020"
90,"VISA INC 3.15 12/14/25",0.45,,US92826CAD48,"1,000,000","997,788"
91,"GOLDMAN SACHS GROUP INC/THE 3 3/4 02/25/26",0.45,,US38143U8H71,"1,000,000","997,785"
92,"BOSTON PROPERTIES LP 3.65 02/01/26",0.45,,US10112RAX26,"1,000,000","997,238"
93,"SIMON PROPERTY GROUP LP 3.3 01/15/26",0.45,,US828807CW58,"1,000,000","997,075"
94,"CANADIAN IMPERIAL BANK OF COMMERCE 0.95 10/23/25",0.45,,US13607GRR73,"1,000,000","996,362"
95,"CITIGROUP INC 3.4 05/01/26",0.45,,US172967KN09,"1,000,000","995,926"
96,"ZIMMER BIOMET HOLDINGS INC 3.05 01/15/26",0.45,,US98956PAS11,"1,000,000","995,673"
97,"TWDC ENTERPRISES 18 CORP 3 02/13/26",0.44,,US25468PDK93,"1,000,000","995,572"
98,"CHUBB INA HOLDINGS LLC 3.35 05/03/26",0.44,,US00440EAV92,"1,000,000","994,940"
99,"AMERICAN EXPRESS CO 3 1/8 05/20/26",0.44,,US025816CF44,"1,000,000","993,671"
100,"WESTPAC BANKING CORP 2.85 05/13/26",0.44,,US961214CX95,"1,000,000","993,526"
101,"US BANCORP MTN 3.1 04/27/26",0.44,,US91159HHM51,"1,000,000","993,259"
102,"WALT DISNEY CO/THE 1 3/4 01/13/26",0.44,,US254687FV35,"1,000,000","992,447"
103,"ALLSTATE CORP/THE 0 3/4 12/15/25",0.44,,US020002BH30,"1,000,000","991,481"
104,"T-MOBILE USA INC 2 1/4 02/15/26",0.44,,US87264ABR59,"1,000,000","990,845"
105,"TORONTO-DOMINION BANK/THE MTN 0 3/4 01/06/26",0.44,,US89114QCP19,"1,000,000","989,658"
106,"PNC FINANCIAL SERVICES GROUP INC/THE 2.6 07/23/26",0.44,,US693475AX33,"1,000,000","988,931"
107,"T-MOBILE USA INC 1 1/2 02/15/26",0.44,,US87264ABZ75,"1,000,000","988,376"
108,"ROYAL BANK OF CANADA MTN 0 7/8 01/20/26",0.44,,US78016EZM29,"1,000,000","988,320"
109,"BANK OF NEW YORK MELLON CORP/THE MTN 0 3/4 01/28/26",0.44,,US06406RAQ02,"1,000,000","987,678"
110,"VERIZON COMMUNICATIONS INC 1.45 03/20/26",0.44,,US92343VGG32,"1,000,000","986,992"
111,"EBAY INC 1.4 05/10/26",0.44,,US278642AX15,"1,000,000","982,827"
112,"EQUINIX INC 1.45 05/15/26",0.44,,US29444UBQ85,"1,000,000","981,916"
113,"UNITEDHEALTH GROUP INC 1.15 05/15/26",0.44,,US91324PEC23,"1,000,000","981,546"
114,"CHARLES SCHWAB CORP/THE 1.15 05/13/26",0.44,,US808513BR53,"1,000,000","981,374"
115,"ROYAL BANK OF CANADA MTN 1.15 07/14/26",0.44,,US78016EZT71,"1,000,000","978,458"
116,"UBS GROUP AG 4 1/8 09/24/25",0.41,,USG91703AB73,"928,000","927,947"
117,"WESTPAC BANKING CORP Float 04/16/26",0.40,,US961214FS73,"900,000","900,876"
118,"WELLS FARGO & CO MTN 3.55 09/29/25",0.40,,US94974BGP94,"900,000","899,667"
119,"JACKSON NATIONAL LIFE GLOBAL FUNDING 5 1/2 01/09/26",0.38,,US46849MCF41,"850,000","852,658"
120,"INTEL CORP 4 7/8 02/10/26",0.38,,US458140CD04,"850,000","851,808"
121,"BROADCOM INC 3.15 11/15/25",0.36,,US11135FBB67,"800,000","798,298"
122,"KELLANOVA 3 1/4 04/01/26",0.36,,US487836BP25,"800,000","795,635"
123,"BANQUE FEDERATIVE DU CREDIT MUTUEL SA 4.935 01/26/26",0.35,,US06675GAZ81,"791,000","792,882"
124,"AERCAP IRELAND CAPITAL DAC / AERCAP GLOBAL AVIATIO 1 3/4 01/30/26",0.35,,US00774MAS44,"786,000","778,142"
125,"PNC BANK NA 4.2 11/01/25",0.34,,US69349LAQ14,"750,000","749,622"
126,"WESTPAC BANKING CORP 5.512 11/17/25",0.31,,US961214FL21,"700,000","701,463"
127,"AIR LEASE CORP MTN 5.3 06/25/26",0.29,,US00914AAW27,"650,000","655,613"
128,"AUSTRALIA & NEW ZEALAND BANKING GROUP LTD/NEW YORK 5.671 10/03/25",0.27,,US05253JAY73,"600,000","600,350"
129,"CHARLES SCHWAB CORP/THE 0.9 03/11/26",0.26,,US808513BF16,"596,000","586,886"
130,"ELEVANCE HEALTH INC 4.9 02/08/26",0.25,,US28622HAA95,"560,000","560,012"
131,"DEUTSCHE BANK AG/NEW YORK NY 7.146 07/13/27",0.23,,US25160PAN78,"500,000","511,448"
132,"MORGAN STANLEY MTN 6 1/4 08/09/26",0.23,,US61746BCY02,"500,000","510,163"
133,"LLOYDS BANKING GROUP PLC 5.985 08/07/27",0.23,,US539439AY57,"500,000","507,566"
134,"BANK OF AMERICA NA 5.526 08/18/26",0.23,,US06428CAA27,"500,000","506,651"
135,"WELLS FARGO BANK NA 5.45 08/07/26",0.23,,US94988J6D46,"500,000","505,849"
136,"AMERICAN HONDA FINANCE CORP MTN 5 1/4 07/07/26",0.23,,US02665WEK36,"500,000","504,494"
137,"ROYAL BANK OF CANADA MTN 5.069 07/23/27",0.23,,US78016HZX15,"500,000","503,901"
138,"PNC FINANCIAL SERVICES GROUP INC/THE 5.102 07/23/27",0.23,,US693475BY07,"500,000","503,456"
139,"TOYOTA MOTOR CREDIT CORP MTN 4.55 08/07/26",0.22,,US89236TMJ15,"500,000","502,610"
140,"MANUFACTURERS & TRADERS TRUST CO 5.4 11/21/25",0.22,,US55279HAT77,"500,000","500,629"
141,"MAGNA INTERNATIONAL INC 4.15 10/01/25",0.22,,US559222AR55,"500,000","499,950"
142,"APPLIED MATERIALS INC 3.9 10/01/25",0.22,,US038222AJ43,"500,000","499,919"
143,"TRANSURBAN FINANCE CO PTY LTD 4 1/8 02/02/26",0.22,,USQ9194UAG78,"500,000","499,405"
144,"INVESCO FINANCE PLC 3 3/4 01/15/26",0.22,,US46132FAD24,"500,000","498,907"
145,"TOYOTA MOTOR CREDIT CORP MTN 0.8 10/16/25",0.22,,US89236THP30,"500,000","498,558"
146,"JPMORGAN CHASE & CO 3.2 06/15/26",0.22,,US46625HRS12,"500,000","497,240"
147,"PEPSICO INC 2.85 02/24/26",0.22,,US713448DF24,"500,000","497,232"
148,"VERIZON COMMUNICATIONS INC 0.85 11/20/25",0.22,,US92343VFS88,"500,000","496,857"
149,"CNH INDUSTRIAL CAPITAL LLC 1 7/8 01/15/26",0.22,,US12592BAL80,"500,000","495,864"
150,"SCENTRE GROUP TRUST 1 / SCENTRE GROUP TRUST 2 3 5/8 01/28/26",0.20,,USQ8352BAD66,"450,000","448,747"
151,"AMERICAN EXPRESS CO 5.389 07/28/27",0.09,,US025816DG18,"200,000","202,114"
152,"TORONTO-DOMINION BANK/THE MTN 5.532 07/17/26",0.07,,US89115A2S07,"150,000","151,781"