Top holdings Market Value Shares Weight %
BofA Securities, Inc. 564.000 M 564.000 M 6.786%
UMBS, TBA 5% 01/08/2056 462.317 M 471.000 M 5.563%
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 338.601 M 6.857 M 4.074%
United States Treasury 3.88% 15/02/2043 282.137 M 318.300 M 3.395%
Freddie Mac 6% 01/04/2055 155.913 M 149.578 M 1.876%
Government National Mortgage Association 6% 20/08/2056 100.906 M 99.000 M 1.214%
Goldman Sachs & Co. LLC 97.700 M 97.700 M 1.176%
Fannie Mae 5.5% 01/06/2054 97.583 M 96.866 M 1.174%
BEIGNET INVESTOR LLC 6.58% 30/05/2049 83.795 M 82.100 M 1.008%
PROJECT CASHMERE CLASS A1 144A 4.54% 30/12/2057 61.418 M 89.000 M 0.739%
REPUBLIC OF SOUTH AFRICA 8.88% 28/02/2035 44.112 M 697.212 M 0.531%
RD MICHIGAN PROP OWNER I 7.5% 30/03/2045 29.917 M 30.000 M 0.360%
VALERIE ASSET LTD 5.22% 15/09/2050 28.275 M 28.743 M 0.340%
ATHENE GLOBAL FUNDING 5.13% 01/06/2029 28.060 M 28.000 M 0.338%
CQS US CLO Ltd 5.1% 17/01/2039 26.335 M 26.300 M 0.317%
Banc of America Merrill Lynch Large Loan Inc 3.11% 25/04/2050 25.351 M 26.021 M 0.305%
JPMORGAN CHASE & CO 5.57% 22/04/2036 23.655 M 23.000 M 0.285%
WELLS FARGO & COMPANY 4.9% 25/07/2033 23.506 M 23.650 M 0.283%
GOLDMAN SACHS GROUP INC 5.54% 28/01/2036 23.114 M 22.750 M 0.278%
BONOS DE TESORERIA 7.3% 12/08/2033 22.385 M 68.300 M 0.269%
