| 1 |
US TREASURY N/B |
— |
23,979,100 |
$16.82M |
3.33% |
| 2 |
US TREASURY N/B |
— |
26,264,700 |
$12.85M |
2.54% |
| 3 |
U.S. Treasury Notes |
TII |
11,889,400 |
$11.99M |
2.37% |
| 4 |
Freddie Mac Pool Pool # SD0739 |
— |
9,514,921 |
$8.90M |
1.76% |
| 5 |
US TREASURY N/B |
— |
9,914,100 |
$8.88M |
1.76% |
| 6 |
US TREASURY N/B |
— |
11,110,200 |
$8.71M |
1.72% |
| 7 |
UMBS, 30 Year |
FR |
8,478,120 |
$8.41M |
1.67% |
| 8 |
Freddie Mac REMICS 3.5%, Due 05/15/2040 |
— |
8,590,950 |
$8.28M |
1.64% |
| 9 |
Fannie Mae Pool Pool # FM8686 |
— |
9,073,946 |
$7.82M |
1.55% |
| 10 |
FN FS9801 |
— |
7,285,965 |
$7.35M |
1.45% |
| 11 |
Fannie Mae Pool Pool # FA0642 |
— |
8,045,872 |
$7.27M |
1.44% |
| 12 |
US ULTRA BOND CBT Sep25 |
— |
7,018,636 |
$7.02M |
1.39% |
| 13 |
Freddie Mac Pool Pool # QX0510 |
— |
6,657,032 |
$6.58M |
1.30% |
| 14 |
Freddie Mac Pool Pool # SL0704 |
FR |
6,607,622 |
$6.44M |
1.28% |
| 15 |
Freddie Mac Pool Pool # SD6920 |
— |
6,331,678 |
$6.11M |
1.21% |
| 16 |
FNMA POOL CB8755 FN 06/54 FIXED 6 |
— |
5,567,566 |
$5.71M |
1.13% |
| 17 |
Freddie Mac Pool Pool # SL0715 |
FR |
5,729,175 |
$5.68M |
1.13% |
| 18 |
BMARK 2024-V9 A3 5.6019% 08-15-57 |
— |
5,500,000 |
$5.65M |
1.12% |
| 19 |
Freddie Mac Pool Pool # SL0448 |
— |
5,624,211 |
$5.46M |
1.08% |
| 20 |
Fannie Mae Pool Pool # CB6081 |
— |
5,288,960 |
$5.35M |
1.06% |
| 21 |
Uniform Mortgage-Backed Securities |
FNMA |
5,250,656 |
$5.01M |
0.99% |
| 22 |
ONEMAIN DIRECT AUTO RECEIVABLES TRUST 2025-1 SER 2025-1A CL A REGD 144A P/P 5.36000000 |
— |
4,500,000 |
$4.61M |
0.91% |
| 23 |
BANK5 2023-5YR3 AS |
— |
4,311,000 |
$4.56M |
0.90% |
| 24 |
Freddie Mac Pool Pool # SL1522 |
— |
4,399,783 |
$4.56M |
0.90% |
| 25 |
Barings Equipment Finance LLC, Series 2025-A, Class A3 |
MMAF |
4,463,000 |
$4.53M |
0.90% |
| 26 |
WFCM 2025-5C7 A3 |
— |
4,419,000 |
$4.49M |
0.89% |
| 27 |
LCM 33 LTD SER 33A CL AR V/R REGD 144A P/P 5.06444000 |
— |
4,182,000 |
$4.18M |
0.83% |
| 28 |
ARES XLIV CLO Ltd. Floating Rate, Due 04/15/2034 |
— |
4,016,000 |
$4.02M |
0.80% |
| 29 |
BANK5, Series 2025-5YR18, Class A3 |
BANK5 |
3,804,000 |
$3.87M |
0.77% |
| 30 |
Hertz Vehicle Financing LLC, Series 2023-2A, Class A |
— |
3,655,000 |
$3.74M |
0.74% |
| 31 |
Freddie Mac Pool Pool # SL0797 |
— |
3,610,074 |
$3.71M |
0.73% |
| 32 |
Freddie Mac REMICS 4.5%, Due 09/25/2052 |
— |
3,961,249 |
$3.69M |
0.73% |
| 33 |
Fannie Mae Pool Pool # FA0202 |
— |
3,637,155 |
$3.68M |
0.73% |
| 34 |
BMARK 2023-V3 A3 |
— |
3,522,000 |
$3.64M |
0.72% |
| 35 |
BMO 2023-5C1 A3 |
— |
3,510,000 |
$3.63M |
0.72% |
| 36 |
BANK5 2023-5YR4 A3 |
— |
3,462,454 |
$3.60M |
0.71% |
| 37 |
Progress Residential Trust, Series 2025-SFR1, Class A |
PROG |
3,556,903 |
$3.39M |
0.67% |
| 38 |
Barings CLO Ltd., Series 2021-3A, Class AR |
— |
3,350,000 |
$3.35M |
0.66% |
| 39 |
Freddie Mac Pool Pool # SL0769 |
— |
3,142,125 |
$3.26M |
0.65% |
| 40 |
BANK5 2024-5YR6 AS |
— |
2,915,000 |
$3.06M |
0.61% |
| 41 |
BMARK 2024-V5 A3 |
— |
2,949,000 |
$3.03M |
0.60% |
| 42 |
Neuberger Berman Loan Advisers CLO Ltd., Series 2021-41A, Class AR |
— |
3,031,000 |
$3.03M |
0.60% |
| 43 |
SMB Private Education Loan Trust, Series 2024-A, Class A1A |
SMB |
2,964,110 |
$2.99M |
0.59% |
| 44 |
BMO Mortgage Trust |
— |
2,880,000 |
$2.93M |
0.58% |
| 45 |
BANK5, Series 2025-5YR19, Class A3 |
BANK5 |
2,831,000 |
$2.89M |
0.57% |
| 46 |
VDC 2025-1A A2 |
VDC |
2,931,000 |
$2.87M |
0.57% |
| 47 |
STACK INFRASTRUCTURE ISSUER LLC SIDC 2025-1A A2 |
SIDC |
2,837,000 |
$2.80M |
0.55% |
| 48 |
AVIS BUDGET RENTCAR FDG AE LLC 4.77% 02/20/2029 144A |
— |
2,656,000 |
$2.67M |
0.53% |
| 49 |
Dryden 53 CLO Ltd. Floating Rate, Due 01/15/2031 |
— |
2,673,000 |
$2.67M |
0.53% |
| 50 |
WELLS FARGO COMMERCIAL MORTGAG WFCM 2025 5C6 A3 |
WFCM |
2,597,000 |
$2.64M |
0.52% |