Portfolio concentration
As of January 31, 2026 · N-PORT
Holdings
1203
Top-10 weight
34.94%
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.
58
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.
31.9
Holdings
As of January 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | US TREASURY N/B | — | 20,000,000 | $20.11M | 5.30% |
| 2 | US TREASURY N/B | — | 18,238,000 | $18.29M | 4.82% |
| 3 | US TREASURY N/B | — | 15,000,000 | $15.17M | 3.99% |
| 4 | FNMA | — | 12,225,821 | $12.79M | 3.37% |
| 5 | Franklin Institutional US Government Money Market Fund | INFXX | 11,603,388 | $11.60M | 3.06% |
| 6 | US TREASURY N/B | — | 11,000,000 | $11.08M | 2.92% |
| 7 | FN MA4979 | — | 10,490,691 | $10.68M | 2.81% |
| 8 | US TREASURY N/B | — | 10,000,000 | $10.13M | 2.67% |
| 9 | US TREASURY N/B | — | 10,000,000 | $10.08M | 2.66% |
| 10 | FNMA | — | 7,536,099 | $7.85M | 2.07% |
| 11 | FNMA, Series 2021-8, Class YF | — | 6,994,015 | $6.98M | 1.84% |
| 12 | FHLMC, Series 4915, Class FE | — | 6,002,182 | $5.93M | 1.56% |
| 13 | FHLMC | — | 5,453,003 | $5.69M | 1.50% |
| 14 | FNMA | — | 4,994,729 | $5.19M | 1.37% |
| 15 | FNMA, Series 2019-59, Class BF | — | 4,504,918 | $4.46M | 1.17% |
| 16 | FHLMC, Series 4891, Class AF | — | 4,367,607 | $4.44M | 1.17% |
| 17 | FHLMC, Series 4895, Class GF | — | 4,403,625 | $4.35M | 1.14% |
| 18 | FHLMC | — | 3,963,053 | $4.15M | 1.09% |
| 19 | Freddie Mac Multifamily Structured Pass Through Certificates | — | 3,820,077 | $3.82M | 1.01% |
| 20 | Uniform Mortgage-Backed Securities | FHLMC | 3,600,908 | $3.71M | 0.98% |
| 21 | Freddie Mac REMICS Floating Rate, Due 08/15/2040 | FHLMC | 3,739,899 | $3.69M | 0.97% |
| 22 | FNMA, Series 2021-36, Class YF | — | 3,589,339 | $3.61M | 0.95% |
| 23 | FREDDIE MAC NON GOLD POOL FH 841089 | — | 3,445,060 | $3.58M | 0.94% |
| 24 | FNMA, Series 2021-44, Class FA | — | 3,594,245 | $3.51M | 0.92% |
| 25 | Freddie Mac Non Gold Pool | — | 3,230,548 | $3.38M | 0.89% |
| 26 | FHLMC | — | 3,225,454 | $3.36M | 0.88% |
| 27 | FNMA | — | 3,172,258 | $3.31M | 0.87% |
| 28 | FHLMC | — | 3,118,497 | $3.27M | 0.86% |
| 29 | FNMA | — | 3,139,691 | $3.11M | 0.82% |
| 30 | FNMA | — | 2,925,857 | $3.05M | 0.80% |
| 31 | FNMA, Series 2019-38, Class AF | — | 2,996,715 | $2.97M | 0.78% |
| 32 | G2 MB0486 | — | 2,869,470 | $2.94M | 0.77% |
| 33 | FHLMC, Series 4988, Class AF | — | 2,963,626 | $2.92M | 0.77% |
| 34 | Freddie Mac Multifamily Structured Pass Through Certificates | — | 2,724,156 | $2.73M | 0.72% |
| 35 | FREDDIE MAC NON GOLD POOL FH 841090 | — | 2,549,554 | $2.65M | 0.70% |
| 36 | FHLMC, STRIPS, Series 343, Class F4 | — | 2,683,578 | $2.63M | 0.69% |
| 37 | Freddie Mac REMICS | — | 2,618,793 | $2.58M | 0.68% |
| 38 | Freddie Mac REMICS Floating Rate, Due 08/15/2038 | — | 2,481,180 | $2.45M | 0.65% |
| 39 | Freddie Mac Multifamily Structured Pass Through Certificates | FHMS | 2,284,873 | $2.29M | 0.60% |
| 40 | FNMA, Series 2024-105, Class FC | — | 2,278,892 | $2.29M | 0.60% |
| 41 | FNMA, Series 2020-54, Class WF | — | 2,356,427 | $2.28M | 0.60% |
| 42 | US TREASURY N/B | — | 2,162,000 | $2.16M | 0.57% |
| 43 | FNMA, Series 2024-103, Class FB | — | 2,009,256 | $2.02M | 0.53% |
| 44 | FNMA | — | 1,912,816 | $2.00M | 0.53% |
| 45 | FNMA | — | 1,850,099 | $1.93M | 0.51% |
| 46 | FNMA, Series 2025-55, Class FG | — | 1,869,055 | $1.88M | 0.50% |
| 47 | FNMA, Series 2025-59, Class FD | — | 1,859,139 | $1.87M | 0.49% |
| 48 | FNMA | — | 1,725,752 | $1.81M | 0.48% |
| 49 | Freddie Mac REMICS | FHR | 1,789,400 | $1.80M | 0.48% |
| 50 | Freddie Mac REMICS | — | 1,783,407 | $1.80M | 0.47% |
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