# Portfolio overlap — ACSIX vs ABHIX Comparing **Arena Strategic Income Fund** (2026-04-30) and **High-Yield Fund** (2026-03-31). - Shared positions: 25 - Arena Strategic Income Fund covered by High-Yield Fund: 0.08000124023111403689844752064 - High-Yield Fund covered by Arena Strategic Income Fund: 0.08000124023111403689844752065 ## Arena Strategic Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | FMR-TREASURY-III | 0.054847 | | | IEP 9.75 01/15/29 | 0.025189 | ✓ | | Zywave_Pfd Equity | 0.025122 | | | Windstream Services LLC / Windstream Escrow Finance Corp. | 0.021092 | | | LENDINGTREE LLC | 0.020780 | | | CITGO PETROLEUM CORP SR SECURED 144A 01/29 8.375 | 0.020186 | | | VSCO 4.625 07/15/29 144A | 0.019429 | | | CONSENSUS CLOUD SOLUTIONS INC COMPANY GUAR 144A 10/28 6.5 | 0.019039 | | | PG&E Corporation, Convertible | 0.018765 | | | URI 6 12/15/29 144A | 0.017765 | | | Likewize Corp. | 0.017713 | | | RAND PARENT LLC SR SECURED 144A 02/30 8.5 | 0.016752 | ✓ | | ALLWYN ENTERTAINMENT FIN SR SECURED 144A 04/29 7.875 | 0.016576 | | | YAHOO MEDIA TERM B1 1LN 09/01/2027 | 0.016494 | | | KEHEFO 9 02/15/29 144A | 0.016313 | | | RADIOLOGY PARTNERS INC SECURED 144A 02/30 9.781 | 0.015681 | | | SATS 6.75 11/30/30 | 0.014327 | ✓ | | ASURION TERM B12 1LN 09/19/2030 | 0.014077 | | | INNOVATE CORP REGD 144A P/P 10.50000000 | 0.014070 | | | LASERSHIP PIK TERM B 1LN 08/10/2029 | 0.013937 | | | PBF Holding Company LLC | 0.013730 | | | 1011778 BC ULC | 0.012579 | | | AMC Entertainment Holdings, Inc. , Term Loan | 0.012162 | | | NRG ENERGY INC REGD 144A P/P 5.75000000 | 0.012007 | ✓ | | Kronos International, Inc. | 0.011991 | | | NCR Atleos Corp | 0.011774 | | | AMCX 10.5 07/15/32 144A | 0.011399 | ✓ | | CSG SYSTEMS INTL INC CONV 3.875% 09/15/2028 | 0.011042 | | | TUTOR PERINI CRP | 0.010687 | | | VSAT TL B 1L USD | 0.010557 | | | SGMS 7 1/4 11/15/29 | 0.010289 | | | Spectrum Brands Incorporated 3.375%, Due 06/01/2029 | 0.010282 | | | Directv Financing LLC | 0.010231 | ✓ | | Block, Inc. | 0.010072 | | | HUGHES SATELLITE SYSTEMS SR SECURED 08/26 5.25 | 0.010047 | | | Numericable U.S. LLC | 0.009723 | | | ORACLE CORP | 0.009679 | | | Directv Financing LLC / Directv Financing Co-Obligor Inc. | 0.009486 | ✓ | | XYZ 2.75 06/01/26 | 0.009460 | | | MONEYMKT | 0.009157 | | | XPLR INFRASTRUCTURE LP REGD 144A P/P CONVERTIBLE 2.50000000 | 0.009028 | | | EyeCare Partners LLC 2024 Superpriority New Money 1st Out Term Loan A | 0.009004 | | | ALTA EQUIPMENT GROUP SECURED 144A 06/29 9 | 0.008638 | | | TGNA 7.25 09/15/27 | 0.008422 | | | CVR ENERGY INC SR UNSECURED 144A 02/31 7.5 | 0.008152 | ✓ | | K HOVNANIAN ENTS. I 8.00% | 0.008117 | ✓ | | AMSSW 12.25 03/30/29 144A | 0.008051 | ✓ | | FYBR 5 05/01/28 144A | 0.008045 | | | CARS.COM INC REGD 144A P/P 6.37500000 | 0.007914 | | | T/L DELIVERY HERO SE REGD 0.00000000 | 0.007865 | | ## High-Yield Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | State Street Navigator Securities Lending Government Money Market Portfolio | 0.065387 | | | State Street Navigator Securities Lending Portfolio II | 0.038031 | | | DISH Network Corp | 0.005583 | ✓ | | MAUSER PACKAGING SOLUT SR SECURED 144A 04/30 7.875 | 0.005168 | ✓ | | ZF North America Capital, Inc. | 0.005085 | | | EchoStar Corp | 0.005073 | | | APLD COMPUTECO LLC SR SECURED 144A 12/30 9.25 | 0.004863 | | | LVLT 8.5 01/15/36 144A | 0.004777 | | | ISATLN 9 09/15/29 144A | 0.004661 | ✓ | | CVS Health Corp. | 0.004660 | | | SIRIUS XM RADIO LLC REGD 144A P/P 4.00000000 | 0.004502 | | | TENNECO INC SR SECURED 144A 11/28 8 | 0.004418 | | | JETBLUE AIRW/LOY | 0.004411 | | | STANDRD INDS NY | 0.004324 | | | AMCX 10.5 07/15/32 144A | 0.004292 | ✓ | | FLASH COMPUTE LLC SR SECURED 144A 12/30 7.25 | 0.004291 | | | NOBLE FIN. II LLC 8.00% | 0.004227 | | | Viasat Inc | 0.004157 | | | TRANSDIGM INC SUB 4.625% 01-15-29 | 0.004109 | | | Vistra Operations Co. LLC | 0.004102 | | | NXST 5.625 07/15/27 144A | 0.004094 | | | TransDigm, Inc. | 0.004081 | | | Vistra Operations Co. LLC | 0.004072 | | | NWL 8.5 06/01/28 144A | 0.004068 | | | VENTURE GLOBAL CALCASIEU SR SECURED 144A 01/30 6.25 | 0.004065 | | | BORR IHC LTD / BORR FIN REGD 144A P/P 10.00000000 | 0.004017 | | | Venture Global LNG, Inc. | 0.004013 | | | URI 4.875 01/15/28 | 0.004012 | | | Kioxia Holdings Corp. | 0.004006 | | | NGL Energy Operating LLC / NGL Energy Finance Corp | 0.004004 | | | HLT 4 05/01/31 144A | 0.003988 | | | Advance Auto Parts, Inc. | 0.003982 | | | PG+E CORP SR SECURED 07/28 5 | 0.003976 | | | B&G Foods Inc | 0.003970 | | | Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc | 0.003934 | | | VETCN 7.25 02/15/33 144A | 0.003932 | | | VIKING BAKED GOODS ACQUISITION SR SECURED 144A 11/31 8.625 | 0.003929 | | | MINERAL RESOURCES LTD SR UNSECURED 144A 10/28 9.25 | 0.003926 | | | HLF Financing S.a.r.l. LLC / Herbalife International Inc. | 0.003925 | ✓ | | ADAPTHEALTH LLC REGD 144A P/P 4.62500000 | 0.003913 | | | Global Aircraft Leasing Co., Ltd. | 0.003912 | | | Venture Global LNG Inc | 0.003912 | | | RAND PARENT LLC SR SECURED 144A 02/30 8.5 | 0.003912 | ✓ | | VALARIS LTD SECURED 144A 04/30 8.375 | 0.003902 | | | The Goodyear Tire & Rubber Company | 0.003896 | | | XPLR INFRASTRUCTURE OPERATING SR UNSECURED 144A 01/29 7.25 | 0.003884 | | | CCL 5.75 03/15/30 144A | 0.003884 | | | DKL 8.625 03/15/29 144A | 0.003863 | ✓ | | NOVA CHEMS. CORP 5.25% | 0.003859 | | | PBF Holding Company, LLC/PBF Finance Corporation | 0.003858 | ✓ | ## Sources - N-PORT (fund A) — accession `0001193125-26-288649` (as of 2026-04-30) - N-PORT (fund B) — accession `0001193125-26-248823` (as of 2026-03-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _