Top holdings Market Value Shares Weight %
FEDERAL NATIONAL MORTGAGE ASSOCIATION 5.5% 15/09/2056 38.05 M 38.50 M 1.496%
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2% 20/02/2051 37.74 M 46.99 M 1.484%
UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 4.125% 15/06/2029 34.71 M 34.90 M 1.365%
Federal Home Loan Mortgage Corp. 4.65% 25/07/2031 24.73 M 24.92 M 0.972%
MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS 21.14 M 21.14 M 0.831%
PMT LOAN TRUST 2025-CNF1 4.97776% 25/10/2056 16.00 M 15.94 M 0.629%
ASHTEAD CAPITAL INC 5.8% 15/04/2034 14.68 M 14.61 M 0.577%
OBX 2026-J1 TRUST 4.97776% 25/01/2056 14.10 M 14.08 M 0.554%
FEDERAL HOME LOAN MORTGAGE CORP 3% 25/10/2035 13.49 M 16.12 M 0.530%
MEDLINE BORROWER LP 3.875% 01/04/2029 12.58 M 13.00 M 0.495%
FREDDIE MAC STRUCTURED PASS THROUGH CERTIFICATES 3.5% 25/03/2058 12.18 M 15.00 M 0.479%
FIRST-CITIZENS BANK & TRUST COMPANY 5.097% 13/07/2029 11.97 M 12.00 M 0.471%
Government National Mortgage Association 4.83153% 20/06/2056 11.82 M 13.09 M 0.465%
Federal National Mortgage Association 3.5% 01/05/2048 11.77 M 12.92 M 0.463%
RYAN SPECIALTY LLC 5.875% 01/08/2032 10.91 M 11.05 M 0.429%
PMT LOAN TRUST 2026-INV2 4.77776% 25/01/2057 10.42 M 10.49 M 0.410%
PRPM 2026-RCF1 LLC 4.845% 25/01/2056 10.14 M 10.28 M 0.399%
FIGRE TRUST 2026-HF3 4.98432% 27/03/2056 10.10 M 10.07 M 0.397%
MORGAN STANLEY 5.25% 21/04/2034 9.91 M 10.00 M 0.389%
ROCKET COMPANIES INC 6.375% 01/08/2033 9.82 M 9.75 M 0.386%
