# Portfolio overlap — CDCDX vs CARY Comparing **COMMUNITY DEVELOPMENT FUND** (2026-03-31) and **Angel Oak Income ETF** (2026-01-31). - Shared positions: 4 - COMMUNITY DEVELOPMENT FUND covered by Angel Oak Income ETF: 0.02987606523367322066276842247 - Angel Oak Income ETF covered by COMMUNITY DEVELOPMENT FUND: 0.02987606523367322066276842247 ## COMMUNITY DEVELOPMENT FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | FHMS K-170 A2 | 0.024376 | | | FHMS K759 A2 | 0.020152 | | | US 10YR ULTRA FUT MAR26 FINANCIAL COMMODITY FUTURE. | 0.018890 | | | FREDDIE MAC POOL FR WA2241 | 0.016411 | | | FHMS K-158 A2 | 0.015375 | | | FANNIE MAE POOL FN BS7623 | 0.015230 | | | FEDERAL HOME LN MTG MLT CTF GT SOFR30A+50 12/25/2030 | 0.015158 | | | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFI SER K-172 CL A2 V/R 4.58100000 | 0.015146 | ✓ | | Federal National Mortgage Association-ACES | 0.015047 | | | FANNIE MAE POOL FN BZ2242 | 0.014937 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-182 AE | 0.014782 | | | Freddie Mac Multifamily Structured Pass Through Certificates | 0.013026 | | | FREDDIE MAC POOL FR WA4823 | 0.012802 | | | FREDDIE MAC MULTIFAMILY VARIABLE RATE CERTIFICATE FMMV M071 A | 0.011821 | | | FR WN0179 | 0.011503 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2024-193 AT | 0.011161 | | | FANNIE MAE POOL FN CB2738 | 0.011038 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-92 AC | 0.010841 | | | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS KF141 AS | 0.010256 | | | FHMS K-171 A2 | 0.009867 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2026-16 AK | 0.009507 | | | FRETE 2025-ML30 TRUST SER 2025-ML30 CL AUS V/R 4.66902500 | 0.009438 | | | FANNIE MAE POOL FN CC2272 | 0.009348 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-126 BC | 0.009332 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-145 AH | 0.009299 | | | MONEYMKT | 0.009272 | | | FREDDIE MAC POOL FR WN5231 | 0.009103 | | | STWD Mortgage Trust, Series 2021-LIH, Class A | 0.009094 | | | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K526 AS | 0.009077 | | | BX TRUST BX 2022 AHP B 144A | 0.008957 | | | FEDERAL HOME LN MTG MLT CTF GT K-177 A2 VAR 01/25/2036 | 0.008875 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-109 LB | 0.008831 | | | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS Q030 A | 0.008824 | | | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS KJ53 AS | 0.008801 | | | FANNIE MAE POOL FN AN7888 | 0.008784 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2024-12 AC | 0.008783 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-16 AC | 0.008374 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-44 AB | 0.008214 | | | FANNIE MAE POOL FN BS7108 | 0.008209 | | | FANNIE MAE POOL FN BZ5493 | 0.007843 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-162 AC | 0.007424 | | | Government National Mortgage Association REMICS | 0.007235 | | | FANNIE MAE POOL FN CC2307 | 0.007207 | | | FANNIE MAE POOL FN BS6491 | 0.007173 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2025-16 AV | 0.007053 | | | FREDDIE MAC POOL FR WA3283 | 0.006968 | | | FANNIE MAE POOL FN CB0268 | 0.006950 | | | GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-191 AD | 0.006693 | | | BX TRUST | 0.006434 | | | FREDDIE MAC MULTIFAMILY ML CERTIFICATES FRETE 2025-ML29 AUS | 0.006278 | | ## Angel Oak Income ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | FIRST AMERICAN GOVERNMENT OBLIGATIONS FUND - CLASS U | 0.050926 | | | Freddie Mac Multifamily Structured Pass Through Certificates | 0.015587 | | | iShares Broad USD High Yield Corporate Bond ETF | 0.013861 | | | FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CERTIFI SER K-172 CL A2 V/R 4.58100000 | 0.013208 | ✓ | | FHMS K761 A2 | 0.012080 | ✓ | | Freddie Mac Multifamily Structured Pass Through Certificates | 0.011990 | ✓ | | Unlock Hea Trust 2023-1 7%, Due 10/25/2038 | 0.011796 | | | FHMS K553 A2 | 0.008986 | | | FANNIE MAE POOL FN 09/49 FIXED 3 | 0.008945 | | | SYCAMORE TREE CLO 2023-3 LTD STCP 2023-3A BR | 0.007729 | | | MFT 2023-1A D | 0.007305 | | | Sequoia Mortgage Trust 2026-1 | 0.007157 | | | PRET 2025-RPL2 Trust | 0.007127 | | | FNMA 30YR 5.5% 10/01/2053#CB7336 | 0.006637 | | | CPS Auto Receivables Trust 2024-A | 0.006553 | | | Fannie Mae Pool | 0.006507 | | | Bellemeade Re Ltd., Series 2025-1, Class M2 | 0.006355 | | | Extended Stay America Trust Series 22-ESH Class D | 0.006060 | | | Brant Point CLO 2023-1 Ltd | 0.006030 | | | FHMS K547 A2 | 0.006017 | ✓ | | Freddie Mac Multifamily Structured Pass Through Certificates | 0.006012 | | | FR SL1634 | 0.005829 | | | ATLX Trust, Series 2024-RPL1, Class M1 | 0.005806 | | | MFT 2023-2A D | 0.005506 | | | RCKT Mortgage Trust, Series 2021-5, Class A1 | 0.005447 | | | G2 MA8570 | 0.005276 | | | Freddie Mac Pool | 0.005242 | | | Extended Stay America Trust Series 22-ESH Class E | 0.004859 | | | Gallatin CLO XI 2024-1 Ltd | 0.004832 | | | ICG US CLO 2023-1 I Ltd | 0.004820 | | | AMMC CLO 32 Ltd | 0.004806 | | | HPS Private Credit CLO 2024-2 LLC | 0.004803 | | | Madison Park Funding XIX Ltd | 0.004790 | | | FNMA 30YR 2% 12/01/2051#CB3000 | 0.004741 | | | Saluda Grade Alternative Mortgage Trust, Series 2025-NPL1, Class A1 | 0.004740 | | | Freddie Mac Pool | 0.004638 | | | Columbia Cent CLO 27 Ltd | 0.004627 | | | Vista Point Securitization Trust 2025-CES3 | 0.004585 | | | FR SL0716 | 0.004554 | | | Dryden 107 CLO Ltd | 0.004413 | | | Deerpath Capital CLO 2024-1 Ltd | 0.004224 | | | Carvana Auto Receivables Trust 2021-N4 | 0.004177 | | | J.P. Morgan Mortgage Trust 2024-10 | 0.004126 | | | Bellemeade Re Ltd., Series 2025-1, Class M1B | 0.004096 | | | Freddie Mac Pool | 0.004075 | | | BLAST 2023-1 E | 0.004003 | | | BELLEMEADE RE 2025-1 LTD BMIR 2025 1 M1C 144A | 0.003972 | | | CSMC 2021-NQM8 | 0.003966 | | | Fannie Mae Pool | 0.003873 | | | Deephaven Residential Mortgage Trust, Series 2022-1, Class B2 | 0.003831 | | ## Sources - N-PORT (fund A) — accession `0002048251-26-004474` (as of 2026-03-31) - N-PORT (fund B) — accession `0001193125-26-136727` (as of 2026-01-31) --- _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. 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