| 1 |
MSILF Treasury Portfolio, Class Institutional |
MISXX |
650,124 |
$650.12K |
2.00% |
| 2 |
CSMC SERIES 2019 UVIL |
— |
650,000 |
$611.28K |
1.88% |
| 3 |
BX Trust, Series 2025-DELC, Class A |
— |
600,000 |
$601.50K |
1.85% |
| 4 |
Trust (The), Series 2023-MIC, Class A |
THE |
530,000 |
$564.81K |
1.74% |
| 5 |
BSTN Commercial Mortgage Trust 2025-1C |
— |
551,000 |
$562.24K |
1.73% |
| 6 |
CENT 2025-CITY A |
— |
550,000 |
$553.03K |
1.70% |
| 7 |
SWCH COMMERCIAL MORTGAGE TRUST SWCH 2025 DATA A 144A |
SWCH |
555,000 |
$550.94K |
1.69% |
| 8 |
CHI COMMERCIAL MORTGAGE TRUST 2025-SFT SER 2025-SFT CL A V/R REGD 144A P/P 5.48216000 |
CHI |
520,000 |
$527.86K |
1.62% |
| 9 |
NY Commercial Mortgage Trust, Series 2025-299P, Class A |
NY |
500,000 |
$519.41K |
1.60% |
| 10 |
BBCMS Mortgage Trust, Series 2018-TALL, Class A |
BBCMS |
543,000 |
$514.01K |
1.58% |
| 11 |
BANK 2020-BN25 A5 |
— |
542,000 |
$502.69K |
1.55% |
| 12 |
J.P. Morgan Chase Commercial Mortgage Securities Trust, Series 2025-PHNY, Class A |
— |
500,000 |
$501.00K |
1.54% |
| 13 |
INTL Commercial Mortgage Trust 2025-PLAZA |
INT |
500,000 |
$500.00K |
1.54% |
| 14 |
United States Treasury Bill |
— |
500,000 |
$499.45K |
1.54% |
| 15 |
TEXAS Commercial Mortgage Trust, Series 2025-TWR, Class A |
TEXAS |
500,000 |
$499.04K |
1.53% |
| 16 |
GGP 2026-2PAK A |
— |
500,000 |
$498.74K |
1.53% |
| 17 |
VRTX Trust, Series 2025-HQ, Class A |
— |
500,000 |
$494.98K |
1.52% |
| 18 |
BBCMS 2020-C8 A5 |
— |
550,000 |
$492.17K |
1.51% |
| 19 |
BENCHMARK 2021-B25 MORTGAGE TRUST BMARK 2021-B25 A4 |
BMARK |
500,000 |
$456.97K |
1.40% |
| 20 |
BX TRUST |
— |
489,000 |
$454.75K |
1.40% |
| 21 |
SKY Trust 2025-LINE |
SKY1 |
452,583 |
$454.61K |
1.40% |
| 22 |
Benchmark 2023-B40 Mortgage Trust |
— |
425,000 |
$454.50K |
1.40% |
| 23 |
Citigroup Commercial Mortgage Trust, Series 2020-420K, Class A |
— |
500,000 |
$448.82K |
1.38% |
| 24 |
BANK 2020-BN29 A4 |
— |
500,170 |
$442.01K |
1.36% |
| 25 |
BWAY Trust, Series 2025-1535, Class A |
BWAY |
415,000 |
$420.08K |
1.29% |
| 26 |
BBCMS 2017-C1 A4 |
— |
400,000 |
$397.23K |
1.22% |
| 27 |
NYO Commercial Mortgage Trust, Series 2021-1290, Class A |
NYO |
375,000 |
$374.87K |
1.15% |
| 28 |
WFCM 2018-C47 A4 |
— |
375,000 |
$374.40K |
1.15% |
| 29 |
BMO 2025-C12 Mortgage Trust |
— |
350,000 |
$366.35K |
1.13% |
| 30 |
BANK 2020-BN30 A4 |
— |
414,000 |
$366.20K |
1.13% |
| 31 |
Arbor Multifamily Mortgage Securities Trust 2020-MF1 |
— |
390,000 |
$363.69K |
1.12% |
| 32 |
WFCM 2022-C62 A4 FRN 04-15-55 |
— |
380,000 |
$362.31K |
1.11% |
| 33 |
Cantor Commercial Real Estate Lending, Series 2019-CF1, Class A2 |
CF |
359,550 |
$355.24K |
1.09% |
| 34 |
WELLS FARGO COMMERCIAL MORTGAGE TRUST 2025-B33RP WFCM 2025-B33RP A |
— |
350,000 |
$350.19K |
1.08% |
| 35 |
Arbor Multifamily Mortgage Securities Trust 2021-MF2 |
— |
390,000 |
$349.31K |
1.07% |
| 36 |
Citigroup Commercial Mortgage Trust, Series 2019-GC43, Class AAB |
— |
351,878 |
$342.52K |
1.05% |
| 37 |
WHARF COMMERCIAL MORTGAGE TRUS WHARF 2025 DC A 144A |
WHARF |
325,000 |
$331.02K |
1.02% |
| 38 |
SFO COMMERICAL MORTGAGE TRUST SFO 2021 555 A 144A |
— |
319,200 |
$319.25K |
0.98% |
| 39 |
ILPT TRUST 2019-SURF 4.145% 02/11/2041 144A |
— |
325,000 |
$318.51K |
0.98% |
| 40 |
BMO 2024-C9 Mortgage Trust |
— |
300,000 |
$313.48K |
0.96% |
| 41 |
BBCMS Mortgage Trust, Series 2022-C18, Class A5 |
— |
300,000 |
$312.38K |
0.96% |
| 42 |
GSMS Trust, Series 2024-FAIR, Class A |
— |
300,000 |
$305.60K |
0.94% |
| 43 |
Freddie Mac Multifamily Structured Pass Through Certificates |
FHMS |
8,649,748 |
$305.06K |
0.94% |
| 44 |
MULTIFAMILY PERMANENT MBS |
— |
300,000 |
$304.02K |
0.93% |
| 45 |
MSC 2019-L2 A3 |
— |
310,015 |
$303.86K |
0.93% |
| 46 |
GS MTG SECS TR 2017-GS6 3.164% 05/10/2050 |
GSMS |
304,877 |
$301.99K |
0.93% |
| 47 |
KRE 2026-ICNA A |
— |
300,000 |
$301.33K |
0.93% |
| 48 |
Hilton USA Trust, Series 2025-NVIL, Class A |
— |
300,000 |
$300.95K |
0.93% |
| 49 |
BANK 2020-BNK26 |
— |
325,000 |
$300.49K |
0.92% |
| 50 |
SHOPS 2026-CSTL A |
— |
300,000 |
$298.81K |
0.92% |