Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
20
Top-10 weight
68.49%
Effective holdings
?
The number of equal-weight positions that would produce this portfolio's concentration (1 ÷ Herfindahl index). A 500-stock fund dominated by a few mega-caps might have only ~100 effective holdings.
17
Crowding
?
The value-weighted average number of funds that also own this fund's positions. High = consensus/crowded picks; low = holdings few other funds own.
4.4
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | WASHOE CNTY NV HIGHWAY REVENUE | WASTRN | 280,000 | $329.84K | 10.33% |
| 2 | FL MIAGEN 7.5 04/01/2040 | MIAGEN | 200,000 | $233.13K | 7.30% |
| 3 | TN METUTL 6.69 07/01/2041 | METUTL | 200,000 | $225.06K | 7.05% |
| 4 | TN METFAC 7.43 07/01/2043 | METFAC | 190,000 | $214.54K | 6.72% |
| 5 | MICHIGAN ST UNIV-A | — | 225,000 | $205.30K | 6.43% |
| 6 | TX MIDMED 6.44 05/15/2039 | MIDMED | 185,000 | $199.83K | 6.26% |
| 7 | KY KYSSFH 5.81 07/01/2040 | KYSSFH | 170,000 | $174.57K | 5.47% |
| 8 | KY KYSWTR 3 08/01/2050 | KYSWTR | 250,000 | $166.70K | 5.22% |
| 9 | FL FLSSFH 6.19 07/01/2050 | FLSSFH | 150,000 | $152.14K | 4.76% |
| 10 | MN MNSHSG 5.92 07/01/2044 | MNSHSG | 150,000 | $151.77K | 4.75% |
| 11 | TX WAC 5.49 02/01/2044 | WAC | 125,000 | $127.20K | 3.98% |
| 12 | FL FLSSFH 6.19 07/01/2050 | FLSSFH | 125,000 | $126.80K | 3.97% |
| 13 | IN INSSFH 5.94 07/01/2049 | INSSFH | 125,000 | $124.58K | 3.90% |
| 14 | TN JEF 6.62 06/01/2040 | JEF | 110,000 | $110.08K | 3.45% |
| 15 | N TX HWY-TXB-B | — | 100,000 | $109.36K | 3.42% |
| 16 | OK OKSPWR 6.31 01/01/2040 | OKSPWR | 95,000 | $102.25K | 3.20% |
| 17 | MO KAN 5.7 02/01/2046 | — | 100,000 | $100.36K | 3.14% |
| 18 | WI WISGEN 6.04 09/01/2045 | WISGEN | 85,000 | $93.06K | 2.91% |
| 19 | TN TRAAPT 3.62 05/01/2038 | TRAAPT | 100,000 | $87.47K | 2.74% |
| 20 | RI RISFAC 6.06 05/15/2035 | RISFAC | 70,000 | $75.54K | 2.36% |
| 21 | AL MONDEV 2.81 11/01/2049 | MONDEV | 75,000 | $47.62K | 1.49% |
| 22 | WI WISGEN 6.04 09/01/2045 | WISGEN | 25,000 | $25.45K | 0.80% |
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.