Please ensure Javascript is enabled for purposes of website accessibility Short Duration Income ETF - Janus Henderson Investors - US Advisor
{{banner.link_text}}
For Financial Professionals in the US

Short Duration Income ETF Holdings

Full Portfolio Holdings

(As of 10/14/2025)

Ticker Cusip Underlying Security Strike Price Quantity (Shares/ Par/ Units/ Contracts) Notional Value Market Value Weight % Current Market Value
Morgan Stanley Bank, N.A. 4.952% 14-JAN-2028, 4.95%, 01/14/28 MS 61690U8A1 - - 43,610,000 $44,638,381 $44,638,381 1.62 $44,092,490
Goldman Sachs Bank USA 5.283% 18-MAR-2027, 5.28%, 03/18/27 GS 38151LAF7 - - 33,575,000 $33,865,395 $33,865,395 1.23 $33,732,362
Janus Henderson AAA CLO ETF JAAA US 47103U845 - - 542,500 $27,445,075 $27,445,075 1.00 $27,445,075
Atlas Warehouse Lending Company, L.P. 6.05% 15-JAN-2028, 6.05%, 01/15/28 ATWALD 049463AD4 - - 25,655,000 $26,651,025 $26,651,025 0.97 $26,262,993
Molex Electronic Technologies LLC 4.75% 30-APR-2028, 4.75%, 04/30/28 MOLX 60856BAE4 - - 25,440,000 $26,313,775 $26,313,775 0.96 $25,733,072
Bank of America Corporation 4.979% 24-JAN-2029, 4.98%, 01/24/29 BAC 06051GMK2 - - 24,707,000 $25,490,722 $25,490,722 0.93 $25,213,936
Bank Australia Limited FRN 21-FEB-2028, 5.27%, 02/21/28 BAAUST Q1R67ARV2 - - 38,220,000 $25,377,400 $25,377,400 0.92 $25,180,530
Korea Electric Power Corporation 4.875% 31-JAN-2027, 4.88%, 01/31/27 KORELE 500631BB1 - - 23,450,000 $23,950,960 $23,950,960 0.87 $23,712,795
Taco Bell Funding Series 2018-1 2018-A2II 4.94% 25-NOV-2048, 4.94%, 11/25/48 BELL 2018-1A 87342RAE4 - - 23,251,403 $23,624,730 $23,624,730 0.86 $23,465,199
LPL Holdings, Inc. 4.625% 15-NOV-2027, 4.62%, 11/15/27 LPLA 50212YAC8 - - 23,156,000 $23,601,779 $23,601,779 0.86 $23,155,544
Illumina, Inc. 5.8% 12-DEC-2025, 5.80%, 12/12/25 ILMN 452327AN9 - - 22,875,000 $23,349,342 $23,349,342 0.85 $22,896,036
Australia and New Zealand Banking Group Limited 5.545% 15-JAN-2035, 5.54%, 01/15/35 ANZ YS4857233 - - 34,400,000 $23,233,116 $23,233,116 0.84 $22,923,890
Universal Health Services, Inc. 1.65% 01-SEP-2026, 1.65%, 09/01/26 UHS 913903AZ3 - - 23,425,000 $22,947,710 $22,947,710 0.83 $22,900,470
Broadcom Inc. 5.05% 12-JUL-2027, 5.05%, 07/12/27 AVGO 11135FBZ3 - - 21,525,000 $22,220,131 $22,220,131 0.80 $21,939,319
BX Trust 2025-ROIC A 5.29399% 15-FEB-2042, 5.29%, 03/15/30 BX 2025-ROIC 05593VAA1 - - 20,940,330 $20,978,439 $20,978,439 0.76 $20,882,342
AerCap Ireland Capital Designated Activity Company 6.45% 15-APR-2027, 6.45%, 04/15/27 AER 00774MBG9 - - 19,617,000 $20,878,280 $20,878,280 0.75 $20,245,632
Toyota Motor Credit Corporation FRN 05-SEP-2028, 4.93%, 09/05/28 TOYOTA 89236TNS0 - - 20,600,000 $20,843,227 $20,843,227 0.75 $20,729,221
Athene Global Funding 4.83% 09-MAY-2028, 4.83%, 05/09/28 ATH 04685A4N8 - - 20,000,000 $20,679,072 $20,679,072 0.75 $20,260,472
CNH Industrial Capital Australia Pty Ltd. 5.8% 13-JUL-2026, 5.80%, 07/13/26 CNHI Q2575EAC6 - - 29,790,000 $19,827,231 $19,827,231 0.71 $19,538,689
Nationwide Building Society 4.0% 14-SEP-2026, 4.00%, 09/14/26 NWIDE 63859WAE9 - - 19,530,000 $19,546,002 $19,546,002 0.70 $19,478,732
Air Lease Corporation 5.1% 01-MAR-2029, 5.10%, 03/01/29 AL 00914AAV4 - - 19,000,000 $19,442,529 $19,442,529 0.70 $19,324,096
Booz Allen Hamilton, Inc. 3.875% 01-SEP-2028, 3.88%, 09/01/28 BAH 09951LAA1 - - 19,647,000 $19,438,300 $19,438,300 0.70 $19,345,249
Glencore Funding LLC 4.907% 01-APR-2028, 4.91%, 04/01/28 GLENLN 378272BY3 - - 18,904,000 $19,293,688 $19,293,688 0.70 $19,257,614
Lonsdale Finance Pty Ltd|2.45|11/20/2026, 2.45%, 11/20/26 LOFINA Q5657JAB1 - - 29,300,000 $18,867,606 $18,867,606 0.68 $18,678,859
NOW Trust 2024-1 A 4.9425% 14-JUN-2032, 4.90%, 06/14/32 NOW 2024-1 BCC3FTNQ2 - - 27,195,412 $18,456,851 $18,456,851 0.67 $17,758,368
Boeing Company 6.259% 01-MAY-2027, 6.26%, 05/01/27 BA 097023DP7 - - 16,850,000 $17,831,155 $17,831,155 0.64 $17,350,708
Capital One Financial Corporation 3.75% 28-JUL-2026, 3.75%, 07/28/26 COF 14040HBK0 - - 17,744,000 $17,825,918 $17,825,918 0.64 $17,683,596
Societe Generale SA 5.25% 19-FEB-2027, 5.25%, 02/19/27 SOCGEN 83368RBZ4 - - 17,440,000 $17,782,141 $17,782,141 0.64 $17,639,715
LPL Holdings, Inc. 5.7% 20-MAY-2027, 5.70%, 05/20/27 LPLA 50212YAJ3 - - 16,965,000 $17,700,463 $17,700,463 0.64 $17,310,975
Goldman Sachs Group, Inc. 4.937% 23-APR-2028, 4.94%, 04/23/28 GS 38141GC77 - - 17,010,000 $17,630,391 $17,630,391 0.64 $17,229,161
Vistra Operations Co. LLC 3.7% 30-JAN-2027, 3.70%, 01/30/27 VST 92840VAG7 - - 17,538,000 $17,550,788 $17,550,788 0.63 $17,415,600
Trinity Acquisition Plc 4.4% 15-MAR-2026, 4.40%, 03/15/26 WTW 89641UAC5 - - 17,097,000 $17,152,171 $17,152,171 0.62 $17,089,482
Marriott International, Inc. 5.45% 15-SEP-2026, 5.45%, 09/15/26 MAR 571903BM4 - - 16,885,000 $17,147,500 $17,147,500 0.62 $17,070,814
NRG Energy, Inc. 2.45% 02-DEC-2027, 2.45%, 12/02/27 NRG 629377CP5 - - 17,683,000 $17,146,047 $17,146,047 0.62 $16,985,991
Morgan Stanley 6.138% 16-OCT-2026, 6.14%, 10/16/26 MS 61747YEX9 - - 16,250,000 $16,745,582 $16,745,582 0.60 $16,249,640
Delta Airlines, Inc. Retirement Plan 4.75% 20-OCT-2028, 4.75%, 10/20/28 DAL 830867AB3 - - 16,327,000 $16,635,478 $16,635,478 0.60 $16,452,366
Walt Disney Company 3.057% 30-MAR-2027, 3.06%, 03/30/27 DIS 254687FU5 - - 22,920,000 $16,391,376 $16,391,376 0.59 $16,370,869
JPMorgan Chase & Co. 5.571% 22-APR-2028, 5.57%, 04/22/28 JPM 46647PEE2 - - 15,500,000 $16,272,867 $16,272,867 0.59 $15,857,905
National Australia Bank Limited FRN 18-NOV-2030, 5.29%, 11/18/30 NAB BM3607918 - - 24,275,000 $15,890,434 $15,890,434 0.57 $15,758,113
Marsh & McLennan Companies, Inc. 4.55% 08-NOV-2027, 4.55%, 11/08/27 MMC 571748BY7 - - 15,100,000 $15,583,264 $15,583,264 0.56 $15,283,634
Arthur J. Gallagher & Co. 4.6% 15-DEC-2027, 4.60%, 12/15/27 AJG 04316JAK5 - - 14,940,000 $15,334,762 $15,334,762 0.55 $15,105,682
Korea National Oil Corporation 4.625% 31-MAR-2028, 4.62%, 03/31/28 KOROIL 50065LAM2 - - 15,000,000 $15,212,134 $15,212,134 0.55 $15,183,227
Williams Companies, Inc. 5.4% 02-MAR-2026, 5.40%, 03/02/26 WMB 969457CH1 - - 15,050,000 $15,207,091 $15,207,091 0.55 $15,110,018
NOW Trust 2025-1 A 4.6925% 14-FEB-2034, 4.65%, 02/14/34 NOW 2025-1 BCC3L1ZR1 - - 22,287,541 $15,158,643 $15,158,643 0.55 $14,512,745
UBS Group Funding (Switzerland) AG 4.253% 23-MAR-2028, 4.25%, 03/23/28 UBS 90352JAC7 - - 15,000,000 $15,066,644 $15,066,644 0.54 $15,027,658
Truist Bank Auto Credit Linked Notes, Series 2025-1 B 4.728% 25-SEP-2033, 4.73%, 09/26/33 TACLN 2025-1 897926CB5 - - 15,000,000 $15,062,999 $15,062,999 0.54 $15,023,599
Aviation Capital Group LLC 1.95% 20-SEP-2026, 1.95%, 09/20/26 ACGCAP 05369AAL5 - - 15,250,000 $14,942,392 $14,942,392 0.54 $14,921,741
Wells Fargo & Company 4.9% 24-JAN-2028, 4.90%, 01/24/28 WFC 95000U3R2 - - 14,586,000 $14,897,584 $14,897,584 0.54 $14,736,774
Volkswagen Group of America Finance LLC 5.7% 12-SEP-2026, 5.70%, 09/12/26 VW 928668BV3 - - 14,575,000 $14,826,291 $14,826,291 0.53 $14,750,136
Bank of New York Mellon Corporation 4.729% 20-APR-2029, 4.73%, 04/20/29 BK 06405LAH4 - - 14,180,000 $14,777,114 $14,777,114 0.53 $14,454,867
Santander UK Group Holdings plc 6.833% 21-NOV-2026, 6.83%, 11/21/26 SANUK 80281LAS4 - - 14,190,000 $14,610,832 $14,610,832 0.53 $14,222,991
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA6 M2 5.85603% 25-OCT-2041, 5.86%, 10/25/41 STACR 2021-DNA6 35564KKY4 - - 14,467,555 $14,577,408 $14,577,408 0.53 $14,530,340
Amrize Finance US LLC 4.7% 07-APR-2028, 4.70%, 04/07/28 AMRZ 43475RAB2 - - 14,284,000 $14,500,181 $14,500,181 0.52 $14,485,262
NatWest Group Plc 7.472% 10-NOV-2026, 7.47%, 11/10/26 NWG 639057AG3 - - 13,942,000 $14,420,949 $14,420,949 0.52 $13,972,419
Stellantis Financial Services US Corp. 4.95% 15-SEP-2028, 4.95%, 09/15/28 STLA 85855FAA1 - - 14,263,000 $14,370,316 $14,370,316 0.52 $14,311,481
BAE Systems Plc 5.0% 26-MAR-2027, 5.00%, 03/26/27 BALN 05523RAH0 - - 13,915,000 $14,129,105 $14,129,105 0.51 $14,092,385
Enel Finance International NV 4.125% 30-SEP-2028, 4.12%, 09/30/28 ENELIM 29278GBF4 - - 14,000,000 $14,022,776 $14,022,776 0.51 $13,998,714
Energy Transfer LP 6.05% 01-DEC-2026, 6.05%, 12/01/26 ET 29273VAR1 - - 13,440,000 $14,005,258 $14,005,258 0.50 $13,702,596
Hewlett Packard Enterprise Company FRN 15-SEP-2028, 5.14%, 09/15/28 HPE 42824CBY4 - - 13,820,000 $13,901,767 $13,901,767 0.50 $13,842,112
JPMorgan Chase & Co. 4.979% 22-JUL-2028, 4.98%, 07/22/28 JPM 46647PEL6 - - 13,500,000 $13,884,410 $13,884,410 0.50 $13,729,438
Wells Fargo & Company FRN 15-SEP-2029, 5.06%, 09/15/29 WFC 95000U3Z4 - - 13,820,000 $13,878,504 $13,878,504 0.50 $13,819,770
Volkswagen Group of America Finance LLC 6.0% 16-NOV-2026, 6.00%, 11/16/26 VW 928668CA8 - - 13,200,000 $13,771,049 $13,771,049 0.50 $13,443,249
RAF ABS Series 2025-1 A 4.62% 09-DEC-2031, 4.48%, 12/09/31 REABS 2025-1 BCC3NSJG2 - - 21,030,000 $13,757,226 $13,757,226 0.50 $13,664,690
DT Midstream, Inc 4.125% 15-JUN-2029, 4.12%, 06/15/29 DTMINC 23345MAA5 - - 13,840,000 $13,734,947 $13,734,947 0.50 $13,544,647
Danske Bank A/S 5.427% 01-MAR-2028, 5.43%, 03/01/28 DANBNK 23636ABG5 - - 13,400,000 $13,723,660 $13,723,660 0.49 $13,636,798
Newcastle Greater Mutual Group Ltd. FRN 14-FEB-2029, 5.64%, 02/14/29 NEWCAP Q6634VWY6 - - 20,400,000 $13,703,755 $13,703,755 0.49 $13,576,939
Royal Caribbean Group 5.5% 01-APR-2028, 5.50%, 04/01/28 RCL 780153BG6 - - 13,050,000 $13,344,210 $13,344,210 0.48 $13,316,298
Blackstone Holdings Finance Co. LLC 5.9% 03-NOV-2027, 5.90%, 11/03/27 BX 09261BAJ9 - - 12,525,000 $13,305,002 $13,305,002 0.48 $12,972,463
American Express Company 4.731% 25-APR-2029, 4.73%, 04/25/29 AXP 025816ED7 - - 12,750,000 $13,264,971 $13,264,971 0.48 $12,980,125
Bank of America Corporation 6.204% 10-NOV-2028, 6.20%, 11/10/28 BAC 06051GLC1 - - 12,356,000 $13,212,785 $13,212,785 0.48 $12,882,735
Wells Fargo & Company 4.97% 23-APR-2029, 4.97%, 04/23/29 WFC 95000U3T8 - - 12,639,000 $13,205,289 $13,205,289 0.48 $12,905,169
Duke Energy Corporation 3.15% 15-AUG-2027, 3.15%, 08/15/27 DUK 26441CAX3 - - 13,250,000 $13,140,829 $13,140,829 0.47 $13,071,267
Aviation Capital Group LLC 1.95% 30-JAN-2026, 1.95%, 01/30/26 ACGCAP 05369AAK7 - - 13,168,000 $13,118,386 $13,118,386 0.47 $13,064,891
Duke Energy Corporation 4.85% 05-JAN-2027, 4.85%, 01/05/27 DUK 26441CCB9 - - 12,800,000 $13,107,890 $13,107,890 0.47 $12,935,445
Aon North America, Inc. 5.125% 01-MAR-2027, 5.12%, 03/01/27 AON 03740MAA8 - - 12,795,000 $13,060,282 $13,060,282 0.47 $12,980,135
VICI Properties L.P. 5.75% 01-FEB-2027, 5.75%, 02/01/27 VICI 92564RAJ4 - - 12,699,000 $13,019,190 $13,019,190 0.47 $12,869,095
Permanent TSB Group Holdings Plc 6.625% 30-JUN-2029, 6.62%, 06/30/29 PTSB 8RLP5DXX4 - - 10,100,000 $13,018,220 $13,018,220 0.47 $12,790,790
Hyundai Capital America, Inc. 5.95% 21-SEP-2026, 5.95%, 09/21/26 HYNMTR 44891ACM7 - - 12,525,000 $12,765,493 $12,765,493 0.46 $12,715,811
Liberty Financial Pty Ltd. FRN 25-MAY-2026, 6.10%, 05/25/26 LBRFI BP5662476 - - 19,100,000 $12,605,597 $12,605,597 0.45 $12,499,951
Mercedes-Benz Finance North America LLC 5.2% 03-AUG-2026, 5.20%, 08/03/26 MBGGR 58769JAK3 - - 12,100,000 $12,332,716 $12,332,716 0.44 $12,206,876
Nationwide Building Society 4.649% 14-JUL-2029, 4.65%, 07/14/29 NWIDE 63861VAM9 - - 12,049,000 $12,314,349 $12,314,349 0.44 $12,172,753
Morgan Stanley Private Bank, National Association 4.466% 06-JUL-2028, 4.47%, 07/06/28 MS 61776NVE0 - - 12,047,000 $12,261,808 $12,261,808 0.44 $12,136,270
ICON Investments Six Designated Activity Company 5.809% 08-MAY-2027, 5.81%, 05/08/27 ICLR 45115AAA2 - - 11,520,000 $12,066,160 $12,066,160 0.43 $11,774,315
Fiserv, Inc. 5.15% 15-MAR-2027, 5.15%, 03/15/27 FI 337738BJ6 - - 11,838,000 $12,058,438 $12,058,438 0.43 $12,007,634
American Tower Corporation 3.55% 15-JUL-2027, 3.55%, 07/15/27 AMT 03027XAP5 - - 12,000,000 $12,011,372 $12,011,372 0.43 $11,904,872
Subway Funding, Series 2024-1 A2I 6.028% 30-JUL-2054, 6.03%, 07/30/54 SUBWAY 2024-1A 864300AA6 - - 11,542,775 $11,908,024 $11,908,024 0.43 $11,763,066
BNP Paribas SA 4.625% 13-MAR-2027, 4.62%, 03/13/27 BNP 05581KAC5 - - 11,800,000 $11,886,982 $11,886,982 0.43 $11,838,471
Athene Global Funding 5.62% 08-MAY-2026, 5.62%, 05/08/26 ATH 04685A3V1 - - 11,500,000 $11,880,739 $11,880,739 0.43 $11,598,880
CNH Industrial Capital Australia Pty Ltd. 5.4% 17-MAY-2027, 5.40%, 05/17/27 CNHI YX0040411 - - 17,600,000 $11,846,392 $11,846,392 0.43 $11,591,435
Columbia Pipelines Holding Company LLC 6.055% 15-AUG-2026, 6.05%, 08/15/26 CPGX 19828AAA5 - - 11,486,000 $11,753,339 $11,753,339 0.42 $11,637,427
Royal Bank of Canada 5.01% 01-FEB-2033, 5.01%, 02/01/33 RY 780086WK6 - - 15,500,000 $11,581,208 $11,581,208 0.42 $11,469,106
Boeing Company 2.196% 04-FEB-2026, 2.20%, 02/04/26 BA 097023DG7 - - 11,600,000 $11,572,473 $11,572,473 0.42 $11,522,233
NRTH 2024-PARK Mortgage Trust A 5.79146% 15-MAR-2039, 5.79%, 03/15/41 NRTH 2024-PARK 67021HAA4 - - 11,400,000 $11,447,393 $11,447,393 0.41 $11,392,374
Suncorp Group Limited FRN 01-JUN-2037, 5.86%, 06/01/37 SUNAU BV5692215 - - 17,200,000 $11,421,581 $11,421,581 0.41 $11,342,716
Air Lease Corporation 5.4% 01-JUN-2028, 5.40%, 06/01/28 AL 00912XBP8 - - 14,985,000 $11,388,670 $11,388,670 0.41 $11,173,945
Athene Global Funding 4.95% 07-JAN-2027, 4.95%, 01/07/27 ATH 04685A4E8 - - 11,000,000 $11,252,173 $11,252,173 0.41 $11,103,948
Commonwealth Bank of Australia FRN 20-AUG-2031, 5.11%, 08/20/31 CBAAU BQ9802662 - - 16,600,000 $10,896,301 $10,896,301 0.39 $10,814,855
Connecticut Avenue Securities Trust 2024-R06 1M2 5.95603% 25-SEP-2044, 5.96%, 09/25/44 CAS 2024-R06 20755RAC9 - - 10,673,000 $10,724,715 $10,724,715 0.39 $10,689,399
Teachers Mutual Bank Limited FRN 21-JUN-2027, 4.85%, 06/21/27 TEACHM YX7268668 - - 16,140,000 $10,595,977 $10,595,977 0.38 $10,565,403
NRTH Commercial Mortgage Trust 2025-PARK A 5.54327% 15-OCT-2040, 5.54%, 10/15/40 NRTH 2025-PARK 669985AA1 - - 10,500,000 $10,510,380 $10,510,380 0.38 $10,510,380
Enbridge Inc. 3.2% 08-JUN-2027, 3.20%, 06/08/27 ENBCN 29251ZBK2 - - 14,500,000 $10,470,067 $10,470,067 0.38 $10,353,278
Algonquin Power & Utilities Corp. 5.365% 15-JUN-2026, 5.37%, 06/15/26 AQNCN 015857AF2 - - 10,157,000 $10,398,200 $10,398,200 0.37 $10,216,559
SK hynix Inc. 5.5% 16-JAN-2027, 5.50%, 01/16/27 HYUELE 78392BAG2 - - 10,045,000 $10,355,604 $10,355,604 0.37 $10,219,020
Amrize Finance US LLC 4.6% 07-APR-2027, 4.60%, 04/07/27 AMRZ 43475RAA4 - - 10,232,000 $10,318,612 $10,318,612 0.37 $10,308,152
Air Lease Corporation 5.3% 25-JUN-2026, 5.30%, 06/25/26 AL 00914AAW2 - - 10,020,000 $10,251,974 $10,251,974 0.37 $10,089,706
Hyundai Capital America, Inc. 5.5% 30-MAR-2026, 5.50%, 03/30/26 HYNMTR 44891ACB1 - - 10,125,000 $10,197,882 $10,197,882 0.37 $10,174,679
Banco Santander, S.A. 6.527% 07-NOV-2027, 6.53%, 11/07/27 SANTAN 05964HAX3 - - 9,600,000 $10,119,060 $10,119,060 0.36 $9,844,055
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2025-DNA2 M1 5.55603% 25-MAY-2045, 5.56%, 05/25/45 STACR 2025-DNA2 35564NHZ9 - - 10,060,872 $10,104,454 $10,104,454 0.36 $10,073,400
Huntington Bank Auto Credit-Linked Notes, Series 2024-2 B1 5.442% 20-OCT-2032, 5.44%, 10/20/32 HACLN 2024-2 44644NAG4 - - 9,933,018 $10,072,147 $10,072,147 0.36 $10,034,608
Plenti PL & Green ABS Trust 2024-2 A1 4.73% 11-APR-2036, 4.69%, 04/11/36 PLENG 2024-2 BCC3J0Q70 - - 15,246,256 $9,917,189 $9,917,189 0.36 $9,914,650
Subway Funding, Series 2024-3 A2I 5.246% 30-JUL-2054, 5.25%, 07/30/54 SUBWAY 2024-3A 864300AG3 - - 9,790,020 $9,877,731 $9,877,731 0.36 $9,770,734
Bank of America Corporation 4.623% 09-MAY-2029, 4.62%, 05/09/29 BAC 06051GMT3 - - 9,500,000 $9,827,922 $9,827,922 0.35 $9,637,608
Athene Global Funding 5.684% 23-FEB-2026, 5.68%, 02/23/26 ATH 04685A3S8 - - 9,660,000 $9,784,190 $9,784,190 0.35 $9,704,879
Corebridge Financial, Inc. 3.65% 05-APR-2027, 3.65%, 04/05/27 CRBG 21871XAD1 - - 9,833,000 $9,777,446 $9,777,446 0.35 $9,767,477
Domino's Pizza Master Issuer Series 2021-1 2021-A2I 2.662% 25-APR-2051, 2.66%, 04/25/51 DPABS 2021-1A 25755TAN0 - - 10,198,608 $9,736,010 $9,736,010 0.35 $9,675,679
DTE Energy Company 4.95% 01-JUL-2027, 4.95%, 07/01/27 DTE 233331BM8 - - 9,300,000 $9,570,602 $9,570,602 0.34 $9,437,612
RCKT MORTGAGE TRUST 2025-CES 4.9% 34, 4.90%, 07/25/34 RCKTL 2025-1A 74939RAA9 - - 9,441,135 $9,516,970 $9,516,970 0.34 $9,491,269
Westpac Banking Corporation FRN 10-JUL-2034, 5.79%, 07/10/34 WSTP YW1615916 - - 14,300,000 $9,438,748 $9,438,748 0.34 $9,431,394
General Motors Financial Company, Inc. 5.35% 15-JUL-2027, 5.35%, 07/15/27 GM 37045XEX0 - - 9,000,000 $9,302,794 $9,302,794 0.34 $9,182,419
Athene Global Funding 2.5% 24-MAR-2028, 2.50%, 03/24/28 ATH 04685A2V2 - - 9,677,000 $9,271,769 $9,271,769 0.33 $9,257,657
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2025-HQA1 M1 5.50603% 25-FEB-2045, 5.51%, 02/25/45 STACR 2025-HQA1 35564NGZ0 - - 9,072,396 $9,107,177 $9,107,177 0.33 $9,079,425
CVS Health Corporation 4.3% 25-MAR-2028, 4.30%, 03/25/28 CVS 126650CX6 - - 8,975,000 $9,027,631 $9,027,631 0.33 $9,006,190
Cheniere Energy, Inc. 4.625% 15-OCT-2028, 4.62%, 10/15/28 LNG 16411RAK5 - - 8,814,000 $9,006,059 $9,006,059 0.32 $8,802,235
CNH Industrial Capital Australia Pty Ltd. 4.7% 20-JUN-2028, 4.70%, 06/20/28 CNHI YN3225250 - - 13,650,000 $8,980,263 $8,980,263 0.32 $8,846,911
Bendigo and Adelaide Bank Limited FRN 15-MAY-2026, 4.87%, 05/15/26 BENAU Q1457QKG4 - - 13,600,000 $8,930,236 $8,930,236 0.32 $8,858,511
Canadian Imperial Bank of Commerce 4.9% 02-APR-2027, 4.90%, 04/02/27 CM 13607L3Y7 - - 12,300,000 $8,855,755 $8,855,755 0.32 $8,840,425
Structured Agency Credit Risk (STACR) Debt Notes, Series 2024-HQA1 M1 5.60603% 25-MAR-2044, 5.61%, 03/25/44 STACR 2024-HQA1 M1 35564NBX0 - - 8,724,513 $8,758,864 $8,758,864 0.32 $8,731,692
AerCap Ireland Capital Designated Activity Company 6.1% 15-JAN-2027, 6.10%, 01/15/27 AER 00774MBD6 - - 8,375,000 $8,689,497 $8,689,497 0.31 $8,561,778
Huntington Bank Auto Credit-Linked Notes, Series 2024-1 B1 6.153% 20-MAY-2032, 6.15%, 05/20/32 HACLN 2024-1 44644NAA7 - - 8,516,417 $8,674,488 $8,674,488 0.31 $8,638,098
EMD Finance LLC 4.125% 15-AUG-2028, 4.12%, 08/15/28 MRKGR 26867LAN0 - - 8,567,000 $8,654,994 $8,654,994 0.31 $8,596,096
Huntington Bank Auto Credit-Linked Notes, Series 2025-1 B 4.957% 20-MAR-2033, 4.96%, 03/21/33 HACLN 2025-1 446438SX2 - - 8,487,679 $8,565,211 $8,565,211 0.31 $8,535,993
Broadcom Inc. 4.8% 15-APR-2028, 4.80%, 04/15/28 AVGO 11135FCE9 - - 8,040,000 $8,405,926 $8,405,926 0.30 $8,212,966
Capital One Financial Corporation 7.149% 29-OCT-2027, 7.15%, 10/29/27 COF 14040HDB8 - - 7,823,000 $8,315,823 $8,315,823 0.30 $8,057,939
Barclays PLC 5.086% 25-FEB-2029, 5.09%, 02/25/29 BACR 06738ECX1 - - 8,066,000 $8,287,131 $8,287,131 0.30 $8,230,153
Wells Fargo & Company 5.707% 22-APR-2028, 5.71%, 04/22/28 WFC 95000U3L5 - - 7,870,000 $8,281,421 $8,281,421 0.30 $8,065,584
Westpac Banking Corporation 5.351% 12-FEB-2035, 5.35%, 02/12/35 WSTP YR2726606 - - 12,300,000 $8,196,034 $8,196,034 0.30 $8,121,809
Macquarie Bank Limited FRN 01-MAR-2034, 5.51%, 03/01/34 MQGAU AU3FN0085171 - - 12,190,000 $8,120,421 $8,120,421 0.29 $8,070,281
Penske Truck Leasing Co. LP 5.35% 12-JAN-2027, 5.35%, 01/12/27 PENSKE 709599BY9 - - 7,900,000 $8,111,738 $8,111,738 0.29 $8,002,554
Volkswagen Group of America Finance LLC 4.45% 11-SEP-2027, 4.45%, 09/11/27 VW 928668CV2 - - 8,026,000 $8,091,015 $8,091,015 0.29 $8,057,284
Connecticut Avenue Securities Trust 2024-R01 1M1 5.40603% 25-JAN-2044, 5.41%, 01/25/44 CAS 2024-R01 1M1 20753UAA8 - - 7,978,159 $8,003,272 $8,003,272 0.29 $7,979,311
VICI Note Co., Inc. 3.75% 15-FEB-2027, 3.75%, 02/15/27 VICI 92564RAD7 - - 8,000,000 $7,982,201 $7,982,201 0.29 $7,932,201
Hyundai Capital America, Inc. 5.65% 26-JUN-2026, 5.65%, 06/26/26 HYNMTR 44891ACG0 - - 7,645,000 $7,844,422 $7,844,422 0.28 $7,713,639
LSEG US Fin Corp. 4.875% 28-MAR-2027, 4.88%, 03/28/27 LSELN 50222CAA8 - - 7,725,000 $7,832,216 $7,832,216 0.28 $7,814,433
F&G Global Funding 4.65% 08-SEP-2028, 4.65%, 09/08/28 FG 30321L2K7 - - 7,744,000 $7,824,378 $7,824,378 0.28 $7,787,369
Westpac Banking Corporation FRN 29-JAN-2031, 5.44%, 01/29/31 WSTP BN6416885 - - 11,800,000 $7,759,217 $7,759,217 0.28 $7,670,222
Vistra Operations Co. LLC 4.3% 15-OCT-2028, 4.30%, 10/15/28 VST 92840VAX0 - - 7,690,000 $7,711,664 $7,711,664 0.28 $7,707,072
CREDABL ABS 2024-1 TRUST FL 2045 A, 4.96%, 05/11/45 CREDABL 2024-1 BCC3H6DP3 - - 11,803,636 $7,694,821 $7,694,821 0.28 $7,692,742
JPMorgan Chase & Co. 4.915% 24-JAN-2029, 4.92%, 01/24/29 JPM 46647PEU6 - - 7,459,000 $7,694,233 $7,694,233 0.28 $7,611,745
Delta Air Lines, Inc. 4.95% 10-JUL-2028, 4.95%, 07/10/28 DAL 247361A24 - - 7,346,000 $7,585,552 $7,585,552 0.27 $7,459,293
Columbia Pipelines Holding Company LLC 6.042% 15-AUG-2028, 6.04%, 08/15/28 CPGX 19828AAB3 - - 7,050,000 $7,436,584 $7,436,584 0.27 $7,365,590
Connecticut Avenue Securities Trust 2025-R03 2M1 5.95603% 25-MAR-2045, 5.96%, 03/25/45 CAS 2025-R03 20754VAB3 - - 7,339,627 $7,390,541 $7,390,541 0.27 $7,366,255
CONNECTICUT AVENUE SECUR 5.55001% 45, 5.56%, 07/25/45 CAS 2025-R05 20753CAB6 - - 7,324,917 $7,360,613 $7,360,613 0.27 $7,338,004
General Motors Financial Company, Inc. 5.4% 08-MAY-2027, 5.40%, 05/08/27 GM 37045XEQ5 - - 7,000,000 $7,294,329 $7,294,329 0.26 $7,129,479
Starbucks Corporation 4.5% 15-MAY-2028, 4.50%, 05/15/28 SBUX 855244BN8 - - 7,000,000 $7,218,347 $7,218,347 0.26 $7,080,972
Metro Finance 2024-1 Trust|4.79|09/17/2030, 4.79%, 09/17/30 METR 2024-1 BCC3H5JS3 - - 10,778,816 $7,054,443 $7,054,443 0.25 $7,028,760
Solventum Corporation 5.45% 25-FEB-2027, 5.45%, 02/25/27 SOLV 83444MAN1 - - 6,866,000 $7,036,826 $7,036,826 0.25 $6,984,855
UBS Group AG FRN 23-DEC-2029, 5.01%, 12/23/29 UBS 225401BL1 - - 7,000,000 $7,015,928 $7,015,928 0.25 $6,994,540
Hyundai Capital America, Inc. FRN 18-SEP-2028, 5.23%, 09/18/28 HYNMTR 44891AEB9 - - 6,960,000 $7,006,182 $7,006,182 0.25 $6,978,792
BPR Trust 2024-PMDW A 5.358% 05-NOV-2041, 5.36%, 11/05/41 BPR 2024-PMDW 05592VAA2 - - 6,795,181 $6,965,066 $6,965,066 0.25 $6,950,907
Daimler Trucks Finance North America LLC 5.125% 25-SEP-2027, 5.12%, 09/25/27 DTRGR 233853AY6 - - 6,810,000 $6,951,917 $6,951,917 0.25 $6,932,527
Xcel Energy Inc. 4.75% 21-MAR-2028, 4.75%, 03/21/28 XEL 98389BBD1 - - 6,808,000 $6,935,356 $6,935,356 0.25 $6,913,797
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2025-DNA1 M1 5.40603% 25-JAN-2045, 5.41%, 01/25/45 STACR 2025-DNA1 35564NFZ1 - - 6,851,986 $6,876,100 $6,876,100 0.25 $6,855,521
ONEOK, Inc. 5.55% 01-NOV-2026, 5.55%, 11/01/26 OKE 682680BH5 - - 6,600,000 $6,854,514 $6,854,514 0.25 $6,687,644
Sumitomo Mitsui Trust Bank, Limited FRN 11-SEP-2028, 4.95%, 09/11/28 SUMITR 86563VCC1 - - 6,800,000 $6,849,820 $6,849,820 0.25 $6,817,559
General Motors Company 5.35% 15-APR-2028, 5.35%, 04/15/28 GM 37045VBC3 - - 6,498,000 $6,805,163 $6,805,163 0.25 $6,652,587
Commonwealth Bank of Australia FRN 09-NOV-2032, 6.36%, 11/09/32 CBAAU BZ9744070 - - 10,000,000 $6,783,227 $6,783,227 0.24 $6,707,497
Structured Agency Credit Risk (STACR) Debt Notes, Series 2024-HQA2 M1 5.55603% 25-AUG-2044, 5.56%, 08/25/44 STACR 2024-HQA2 35564NDZ3 - - 6,732,746 $6,764,720 $6,764,720 0.24 $6,743,939
Australia and New Zealand Banking Group Limited 5.906% 12-AUG-2032, 5.91%, 08/12/32 ANZ BY2422099 - - 10,000,000 $6,716,390 $6,716,390 0.24 $6,649,785
Georgia Power Company 5.004% 23-FEB-2027, 5.00%, 02/23/27 SO 373334KV2 - - 6,520,000 $6,663,414 $6,663,414 0.24 $6,616,287
LPL Holdings, Inc. 4.9% 03-APR-2028, 4.90%, 04/03/28 LPLA 50212YAN4 - - 6,548,000 $6,643,734 $6,643,734 0.24 $6,633,039
Santander Bank Auto Credit Linked Notes Series 2024-B 18-JAN-2033, 4.96%, 01/18/33 SBCLN 2024-B 80280BAB4 - - 6,500,000 $6,572,504 $6,572,504 0.24 $6,545,610
SK hynix Inc. 4.25% 11-SEP-2028, 4.25%, 09/11/28 HYUELE 78392BAJ6 - - 6,499,000 $6,540,681 $6,540,681 0.24 $6,514,595
Fortive Corporation 3.15% 15-JUN-2026, 3.15%, 06/15/26 FTV 34959JAG3 - - 6,500,000 $6,523,508 $6,523,508 0.24 $6,455,258
Vistra Operations Co. LLC 5.05% 30-DEC-2026, 5.05%, 12/30/26 VST 92840VAT9 - - 6,305,000 $6,457,179 $6,457,179 0.23 $6,364,311
Daimler Truck Finance Canada, Inc. 2.46% 15-DEC-2026, 2.46%, 12/15/26 DTRGR 233852AE2 - - 8,960,000 $6,405,412 $6,405,412 0.23 $6,352,944
Smith & Nephew plc 5.15% 20-MAR-2027, 5.15%, 03/20/27 SNLN 83192PAC2 - - 6,270,000 $6,387,654 $6,387,654 0.23 $6,365,230
Bank of New Zealand 5.698% 28-JAN-2035, 5.70%, 01/28/35 BZLNZ 064064AB4 - - 6,035,000 $6,321,943 $6,321,943 0.23 $6,248,392
General Motors Financial Company, Inc. 5.15% 15-AUG-2026, 5.15%, 08/15/26 GM 8BASJMXX0 - - 4,690,000 $6,314,026 $6,314,026 0.23 $6,260,352
Westpac Banking Corporation FRN 03-APR-2034, 5.46%, 04/03/34 WSTP AU3FN0086328 - - 9,500,000 $6,312,286 $6,312,286 0.23 $6,301,218
Connecticut Avenue Securities Trust 2025-R01 1M2 5.85603% 25-JAN-2045, 5.86%, 01/25/45 CAS 2025-R01 20755JAC7 - - 6,205,000 $6,227,617 $6,227,617 0.22 $6,207,430
RESIMAC Bastille Trust 2024-1NC A2 4.8925% 13-SEP-2055, 4.86%, 09/13/55 RESI 2024-1NC BCC3F7BW0 - - 9,333,102 $6,088,739 $6,088,739 0.22 $6,087,128
Hasbro, Inc. 3.55% 19-NOV-2026, 3.55%, 11/19/26 HAS 418056AY3 - - 5,972,000 $6,022,424 $6,022,424 0.22 $5,936,444
Atlas Warehouse Lending Company, L.P. 6.25% 15-JAN-2030, 6.25%, 01/15/30 ATWALD 049463AE2 - - 5,700,000 $5,967,889 $5,967,889 0.22 $5,878,827
Export-Import Bank of Korea FRN 22-SEP-2028, 4.63%, 09/22/28 EIBKOR 302154EN5 - - 5,902,000 $5,924,571 $5,924,571 0.21 $5,907,017
Illumina, Inc. 5.75% 13-DEC-2027, 5.75%, 12/13/27 ILMN 452327AP4 - - 5,630,000 $5,907,358 $5,907,358 0.21 $5,797,651
Georgia Power Company 3.25% 30-MAR-2027, 3.25%, 03/30/27 SO 373334KH3 - - 5,866,000 $5,817,731 $5,817,731 0.21 $5,809,787
NTT Finance Corporation 4.567% 16-JUL-2027, 4.57%, 07/16/27 NTT 62954WAP0 - - 5,692,000 $5,808,544 $5,808,544 0.21 $5,744,277
Commonwealth Bank of Australia 3.61% 12-SEP-2034, 3.61%, 09/12/34 CBAAU USQ2704MAA64 - - 6,000,000 $5,803,152 $5,803,152 0.21 $5,783,297
Plenti PL & Green ABS Trust 2025-1 A1G 4.75% 11-NOV-2036, 4.71%, 11/11/36 PLENG 2025-1 BCC3M8WP2 - - 8,756,212 $5,693,708 $5,693,708 0.21 $5,692,244
Insurance Australia Group Limited FRN 15-DEC-2036, 6.03%, 12/15/36 IAGAU AU3FN0055497 - - 8,550,000 $5,650,118 $5,650,118 0.20 $5,622,639
NRG Energy, Inc. 2.0% 02-DEC-2025, 2.00%, 12/02/25 NRG 629377CN0 - - 5,600,000 $5,609,105 $5,609,105 0.20 $5,567,727
Capital One Financial Corporation 5.247% 26-JUL-2030, 5.25%, 07/26/30 COF 14040HCV5 - - 5,353,000 $5,578,967 $5,578,967 0.20 $5,517,331
Gildan Activewear Inc. 4.7% 07-OCT-2030, 4.70%, 10/07/30 GILCN 375916AF0 - - 5,556,000 $5,564,256 $5,564,256 0.20 $5,558,453
American Express Company 5.645% 23-APR-2027, 5.64%, 04/23/27 AXP 025816DT3 - - 5,375,000 $5,563,531 $5,563,531 0.20 $5,418,565
Connecticut Avenue Securities, Series 2021-R01 1M2 5.90603% 25-OCT-2041, 5.91%, 10/25/41 CAS 2021-R01 20754RAB2 - - 5,461,973 $5,493,320 $5,493,320 0.20 $5,475,399
Bank Australia Limited FRN 24-NOV-2025, 5.15%, 11/24/25 BAAUST Q1R6798R5 - - 8,150,000 $5,327,925 $5,327,925 0.19 $5,289,092
BX Commercial Mortgage Trust 2024-AIRC A 5.84124% 15-AUG-2041, 5.84%, 08/15/39 BX 2024-AIRC 12433CAA3 - - 5,242,693 $5,273,804 $5,273,804 0.19 $5,248,283
DB Master Finance, Series 2017-1 A2II 4.03% 20-NOV-2047, 4.03%, 11/20/47 DNKN 2017-1A 233046AF8 - - 5,235,500 $5,216,307 $5,216,307 0.19 $5,184,072
Enbridge Inc. 5.9% 15-NOV-2026, 5.90%, 11/15/26 ENBCN 29250NBW4 - - 5,000,000 $5,215,930 $5,215,930 0.19 $5,093,013
Repsol E&P Capital Markets US LLC 4.805% 16-SEP-2028, 4.80%, 09/16/28 REPSEP 76026AAA5 - - 5,150,000 $5,191,830 $5,191,830 0.19 $5,171,896
ETP Legacy LP 4.95% 15-JUN-2028, 4.95%, 06/15/28 ET 29278NAF0 - - 5,000,000 $5,177,655 $5,177,655 0.19 $5,095,155
Crestwood Midstream Partners LP 6.0% 01-FEB-2029, 6.00%, 02/01/29 ET 226373AR9 - - 5,000,000 $5,129,647 $5,129,647 0.18 $5,067,981
Hyundai Capital America, Inc. 4.85% 25-MAR-2027, 4.85%, 03/25/27 HYNMTR 44891ADP9 - - 5,000,000 $5,056,475 $5,056,475 0.18 $5,043,003
RCKT MORTGAGE TRUST 2025-CE 4.99% 34, 4.99%, 07/25/34 RCKTL 2025-1A 74939RAB7 - - 5,000,000 $5,053,181 $5,053,181 0.18 $5,039,320
DB Master Finance, Series 2021-1 (Dunkin) 2021_A2I 2.045% 20-NOV-2047, 2.04%, 11/20/51 DNKN 2021-1A 233046AN1 - - 5,130,125 $5,014,724 $5,014,724 0.18 $4,998,696
Plenti PL & Green ABS Trust 2025-1 A1 4.75% 11-NOV-2036, 4.71%, 11/11/36 PLENG 2025-1 BCC3M8WN7 - - 7,483,942 $4,866,417 $4,866,417 0.18 $4,865,165
Santander UK Group Holdings plc 4.32% 22-SEP-2029, 4.32%, 09/22/29 SANUK 80281LAX3 - - 4,756,000 $4,766,360 $4,766,360 0.17 $4,753,233
Jersey Mike's Funding, Series 2019-1 A2 4.433% 15-FEB-2050, 4.43%, 02/15/50 JMIKE 2019-1A 476681AA9 - - 4,684,660 $4,711,769 $4,711,769 0.17 $4,677,157
Willis North America Inc. 4.65% 15-JUN-2027, 4.65%, 06/15/27 WTW 970648AL5 - - 4,599,000 $4,710,080 $4,710,080 0.17 $4,638,796
VICI Properties L.P. 4.75% 01-APR-2028, 4.75%, 04/01/28 VICI 925650AJ2 - - 4,638,000 $4,700,043 $4,700,043 0.17 $4,691,476
Hyundai Capital America, Inc. 4.25% 18-SEP-2028, 4.25%, 09/18/28 HYNMTR 44891ADZ7 - - 4,640,000 $4,657,279 $4,657,279 0.17 $4,642,489
Hyundai Capital America, Inc. 5.0% 07-JAN-2028, 5.00%, 01/07/28 HYNMTR 44891ADL8 - - 4,501,000 $4,636,458 $4,636,458 0.17 $4,575,195
Macquarie Bank Limited FRN 17-JUN-2031, 5.11%, 06/17/31 MQGAU BP9745582 - - 6,980,000 $4,562,243 $4,562,243 0.16 $4,544,509
Penske Truck Leasing Canada, Inc. 5.44% 08-DEC-2025, 5.44%, 12/08/25 PENSKE 70960AAE8 - - 6,153,000 $4,482,167 $4,482,167 0.16 $4,397,917
Westpac Banking Corporation 5.972% 10-JUL-2034, 5.97%, 07/10/34 WSTP YW1615957 - - 6,500,000 $4,457,117 $4,457,117 0.16 $4,390,769
NTT Finance Corporation 4.62% 16-JUL-2028, 4.62%, 07/16/28 NTT 62954WAQ8 - - 4,347,000 $4,456,018 $4,456,018 0.16 $4,406,368
Liberty Series 2024-1 Auto A 4.7462% 25-MAY-2032, 4.75%, 05/25/32 LBRTY 2024-1A BCC3G7993 - - 6,475,562 $4,231,152 $4,231,152 0.15 $4,220,232
Volkswagen Group of America Finance LLC 4.9% 14-AUG-2026, 4.90%, 08/14/26 VW 928668CK6 - - 4,075,000 $4,125,311 $4,125,311 0.15 $4,091,477
American Express Company 6.338% 30-OCT-2026, 6.34%, 10/30/26 AXP 025816DL0 - - 4,000,000 $4,119,518 $4,119,518 0.15 $4,003,322
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2024-DNA3 M2 5.80603% 25-OCT-2044, 5.81%, 10/25/44 STACR 2024-DNA3 35564NFA6 - - 4,050,000 $4,063,756 $4,063,756 0.15 $4,050,692
LSEGA Financing Plc 4.5% 19-OCT-2028, 4.50%, 10/19/28 LSELN YK0862044 - - 3,000,000 $4,019,458 $4,019,458 0.14 $4,006,671
Bank of America Corporation 4.376% 27-APR-2028, 4.38%, 04/27/28 BAC 06051GKP3 - - 3,644,000 $3,737,784 $3,737,784 0.13 $3,663,368
Lloyds Banking Group Plc 5.985% 07-AUG-2027, 5.99%, 08/07/27 LLOYDS 539439AY5 - - 3,600,000 $3,692,798 $3,692,798 0.13 $3,652,100
Volkswagen Group of America Finance LLC 5.05% 27-MAR-2028, 5.05%, 03/27/28 VW 928668CP5 - - 3,580,000 $3,646,473 $3,646,473 0.13 $3,637,434
Bayview Opportunity Master Fund VII Trust 2024-CAR1 A 5.45603% 25-DEC-2031, 5.46%, 12/26/31 BVCLN 2024-CAR1 07336QAA0 - - 3,476,039 $3,491,284 $3,491,284 0.13 $3,480,748
Lloyds Banking Group Plc FRN 06-MAR-2030, 5.39%, 03/06/30 LLOYDS G55365HP1 - - 5,240,000 $3,465,210 $3,465,210 0.12 $3,445,650
Liberty Financial Pty Ltd. FRN 16-MAR-2028, 7.36%, 03/16/28 LBRFI Q5S40CAS5 - - 5,010,000 $3,443,324 $3,443,324 0.12 $3,424,326
Connecticut Avenue Securities Trust 2025-R01 1M1 5.45603% 25-JAN-2045, 5.46%, 01/25/45 CAS 2025-R01 20755JAB9 - - 3,343,290 $3,356,267 $3,356,267 0.12 $3,346,133
Daimler Trucks Finance North America LLC 5.0% 15-JAN-2027, 5.00%, 01/15/27 DTRGR 233853AV2 - - 3,240,000 $3,316,382 $3,316,382 0.12 $3,275,882
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2024-DNA1 M1 5.70603% 25-FEB-2044, 5.71%, 02/25/44 STACR 2024-DNA1 35564NAX1 - - 3,251,961 $3,268,794 $3,268,794 0.12 $3,258,486
General Motors Financial Company, Inc. 5.4% 06-APR-2026, 5.40%, 04/06/26 GM 37045XEF9 - - 3,230,000 $3,250,746 $3,250,746 0.12 $3,246,386
Brown & Brown, Inc. 4.7% 23-JUN-2028, 4.70%, 06/23/28 BRO 115236AJ0 - - 3,036,000 $3,117,107 $3,117,107 0.11 $3,072,714
Structured Agency Credit Risk (STACR) Debt Notes, Series 2022-HQA3 M1A 6.65603% 25-AUG-2042, 6.66%, 08/25/42 STACR 2022-HQA3 35564KE39 - - 3,034,116 $3,106,411 $3,106,411 0.11 $3,095,191
AerCap Global Aviation Trust 3.65% 21-JUL-2027, 3.65%, 07/21/27 AER 00774MAB1 - - 3,095,000 $3,095,944 $3,095,944 0.11 $3,069,585
Santander Bank Auto Credit Linked Notes Series 2024-B 18-JAN-2033, 4.91%, 01/18/33 SBCLN 2024-B 80280BAA6 - - 3,003,490 $3,050,751 $3,050,751 0.11 $3,038,459
Suncorp Group Limited FRN 01-DEC-2038, 6.21%, 12/01/38 SUNAU AU3FN0075644 - - 4,500,000 $3,044,353 $3,044,353 0.11 $3,022,488
Citadel Securities Global Holdings LLC 5.5% 18-JUN-2030, 5.50%, 06/18/30 CITSEC 17289RAA4 - - 2,839,000 $2,971,554 $2,971,554 0.11 $2,920,807
General Motors Financial Company, Inc. 5.0% 15-JUL-2027, 5.00%, 07/15/27 GM 37045XFH4 - - 2,866,000 $2,960,536 $2,960,536 0.11 $2,906,798
Connecticut Avenue Securities Trust 2025-R04 25-MAY-2045, 5.56%, 05/25/45 CAS 2025-R04 20755TAB7 - - 2,908,176 $2,922,152 $2,922,152 0.11 $2,913,176
Homeward Opportunities Fund Trust 2025-RRTL2 A1 5.237% 25-AUG-2040, 5.24%, 09/25/40 HOF 2025-RRTL2 437923AA3 - - 2,893,000 $2,914,645 $2,914,645 0.11 $2,906,228
Structured Agency Credit Risk (STACR) Debt Notes, Series 2023-HQA2 M1A 6.35603% 25-JUN-2043, 6.36%, 06/25/43 STACR 2023-HQA2 35564K2F5 - - 2,835,535 $2,852,964 $2,852,964 0.10 $2,842,952
BBVA USA 5.9% 01-APR-2026, 5.90%, 04/01/26 PNC 20449EEE2 - - 2,750,000 $2,772,151 $2,772,151 0.10 $2,765,841
Ally Bank Auto Credit-Linked Notes, Series 2024-A A2 5.681% 15-MAY-2032, 5.68%, 05/17/32 ABCLN 2024-A 02007GZ48 - - 2,707,080 $2,761,630 $2,761,630 0.10 $2,748,814
Ally Bank Auto Credit-Linked Notes, Series 2024-A B 5.827% 15-MAY-2032, 5.83%, 05/17/32 ABCLN 2024-A 02007GZ55 - - 2,707,080 $2,759,353 $2,759,353 0.10 $2,746,208
Taco Bell Funding Series 2021-1 A2II 2.294% 25-AUG-2051, 2.29%, 08/25/51 BELL 2021-1A 87342RAH7 - - 2,916,060 $2,698,090 $2,698,090 0.10 $2,688,799
Connecticut Avenue Securities Trust 2025-R02 1M1 5.50603% 25-FEB-2045, 5.51%, 02/25/45 CAS 2025-R02 20754TAC6 - - 2,664,917 $2,675,506 $2,675,506 0.10 $2,667,355
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2024-DNA2 M1 5.55603% 25-MAY-2044, 5.56%, 05/25/44 STACR 2024-DNA2 35564NCX9 - - 2,628,753 $2,643,146 $2,643,146 0.10 $2,635,032
Lonsdale Finance Pty Limited 2.1% 15-OCT-2027, 2.10%, 10/15/27 LOFINA Q5657JAC9 - - 3,800,000 $2,387,472 $2,387,472 0.09 $2,361,527
Solventum Corporation 5.4% 01-MAR-2029, 5.40%, 03/01/29 SOLV 83444MAP6 - - 2,245,000 $2,340,733 $2,340,733 0.08 $2,325,916
United Airlines 2020-1 Class A Pass Through Trust 5.875% 15-OCT-2027, 5.88%, 10/15/27 UAL 90931GAA7 - - 2,201,599 $2,287,169 $2,287,169 0.08 $2,254,833
Ally Bank Auto Credit-Linked Notes, Series 2024-B A2 4.97% 15-SEP-2032, 4.97%, 09/15/32 ABCLN 2024-B 02007G4B6 - - 2,221,031 $2,250,683 $2,250,683 0.08 $2,241,484
Westpac Banking Corporation FRN 11-NOV-2027, 4.89%, 11/11/27 WSTP Q97423E21 - - 3,300,000 $2,188,280 $2,188,280 0.08 $2,170,227
Connecticut Avenue Securities Trust 2024-R02 1M1 5.45603% 25-FEB-2044, 5.46%, 02/25/44 CAS 2024-R02 20754GAA8 - - 2,094,937 $2,101,586 $2,101,586 0.08 $2,095,236
Plenti Auto ABS Trust 2025-1 A 4.65% 12-AUG-2033, 4.61%, 08/12/33 PLENT 2025-1 BCC3KD5D0 - - 3,185,695 $2,073,522 $2,073,522 0.07 $2,073,000
Macquarie Group Limited 1.629% 23-SEP-2027, 1.63%, 09/23/27 MQGAU 55607PAF2 - - 2,100,000 $2,052,569 $2,052,569 0.07 $2,050,478
Westpac Banking Corporation 4.6% 16-FEB-2026, 4.60%, 02/16/26 WSTP Q97423Q93 - - 3,100,000 $2,029,794 $2,029,794 0.07 $2,014,594
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA7 M2 6.15603% 25-NOV-2041, 6.16%, 11/25/41 STACR 2021-DNA7 35564KMH9 - - 2,000,000 $2,023,450 $2,023,450 0.07 $2,016,609
Volkswagen Financial Services Australia Pty Ltd. 4.95% 13-APR-2026, 4.95%, 04/13/26 VW Q94829DZ0 - - 3,110,000 $2,021,178 $2,021,178 0.07 $2,020,631
Charter Hall LWR Pty Limited 2.086% 03-MAR-2028, 2.09%, 03/03/28 CHLWR BO0356143 - - 3,270,000 $2,000,033 $2,000,033 0.07 $1,994,943
American Express Company 5.098% 16-FEB-2028, 5.10%, 02/16/28 AXP 025816DP1 - - 1,950,000 $1,993,922 $1,993,922 0.07 $1,977,630
Illumina, Inc. 4.65% 09-SEP-2026, 4.65%, 09/09/26 ILMN 452327AQ2 - - 1,705,000 $1,721,222 $1,721,222 0.06 $1,713,293
Connecticut Avenue Securities Trust 2023-R06 1M1 6.05603% 25-JUL-2043, 6.06%, 07/25/43 CAS 2023-R06 20754EAA3 - - 1,610,522 $1,622,220 $1,622,220 0.06 $1,616,801
Great Southern Bank (Australia) FRN 01-DEC-2025, 5.29%, 12/01/25 CRUNAU Q29987NU6 - - 2,350,000 $1,535,790 $1,535,790 0.06 $1,526,081
Barclays Bank PLC 6.158% 28-MAY-2035, 6.16%, 05/28/35 BACR YT3757895 - - 2,230,000 $1,532,136 $1,532,136 0.06 $1,498,259
DB Master Finance, Series 2021-1 (Dunkin) 2021_A2II 2.493% 20-NOV-2047, 2.49%, 11/20/51 DNKN 2021-1A 233046AQ4 - - 1,569,838 $1,487,524 $1,487,524 0.05 $1,481,545
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2023-HQA3 M1 6.20603% 25-NOV-2043, 6.21%, 11/25/43 STACR 2023-HQA3 35564K3G2 - - 1,465,733 $1,479,827 $1,479,827 0.05 $1,474,773
Waypoint REIT Limited 2.4% 21-SEP-2028, 2.40%, 09/21/28 VERFIN BR2600251 - - 2,230,000 $1,359,422 $1,359,422 0.05 $1,357,140
Lloyds Banking Group Plc 5.087% 26-NOV-2028, 5.09%, 11/26/28 LLOYDS 53944YBC6 - - 1,260,000 $1,310,529 $1,310,529 0.05 $1,285,781
CREDABL ABS 2024-1 TRUST FLT 2045 C, 5.71%, 05/11/45 CREDABL 2024-1 BCC3H6DR9 - - 1,882,438 $1,229,324 $1,229,324 0.04 $1,228,942
Structured Agency Credit Risk (STACR) Debt Notes, Series 2023-HQA1 M1A 6.35603% 25-MAY-2043, 6.36%, 05/25/43 STACR 2023-HQA1 35564KX79 - - 1,203,831 $1,218,662 $1,218,662 0.04 $1,214,411
ElectraNet Pty Limited 2.4737% 15-DEC-2028, 2.47%, 12/15/28 ELECTR BR2242732 - - 1,930,000 $1,190,995 $1,190,995 0.04 $1,180,647
Connecticut Avenue Securities Trust 2024-R05 2M1 5.35603% 25-JUL-2044, 5.36%, 07/25/44 CAS 2024-R05 20754XAB9 - - 1,113,432 $1,116,522 $1,116,522 0.04 $1,113,209
Volkswagen Financial Services Australia Pty Ltd. 5.3% 09-FEB-2027, 5.30%, 02/09/27 VW 9J19VNXX8 - - 1,670,000 $1,102,597 $1,102,597 0.04 $1,092,061
Rolls-Royce Plc 5.75% 15-OCT-2027, 5.75%, 10/15/27 ROLLS 77578JAC2 - - 958,000 $1,012,173 $1,012,173 0.04 $984,630
Westpac Banking Corporation FRN 10-AUG-2026, 4.41%, 08/10/26 WSTP Q974235Q8 - - 1,400,000 $918,091 $918,091 0.03 $910,852
Logicor 2019-1 UK PLC|1.875|11/17/2026, 1.88%, 11/17/26 LOGICR ZQ0630397 - - 656,000 $851,043 $851,043 0.03 $848,445
Computershare US, Inc. 3.147% 30-NOV-2027, 3.15%, 11/30/27 CPUAU BS4738701 - - 1,070,000 $681,094 $681,094 0.02 $672,838
Athene Global Funding 4.76% 21-APR-2027, 4.76%, 04/21/27 ATH BV9495979 - - 1,000,000 $664,689 $664,689 0.02 $649,721
Australian Central Credit Union Ltd. FRN 16-SEP-2031, 5.96%, 09/16/31 PFBKAU BR2989365 - - 1,000,000 $654,419 $654,419 0.02 $651,348
Australia and New Zealand Banking Group Limited FRN 31-MAR-2026, 4.43%, 03/31/26 ANZ Q0R2ADY78 - - 1,000,000 $651,233 $651,233 0.02 $650,051
McDonald's Corporation 3.45% 08-SEP-2026, 3.45%, 09/08/26 MCD AX3931323 - - 1,000,000 $647,728 $647,728 0.02 $645,460
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2024-DNA3 M1 5.35603% 25-OCT-2044, 5.36%, 10/25/44 STACR 2024-DNA3 35564NEZ2 - - 631,869 $633,753 $633,753 0.02 $631,872
Bendigo and Adelaide Bank Limited FRN 14-OCT-2031, 5.53%, 10/14/31 BENAU BR8160425 - - 800,000 $520,867 $520,867 0.02 $520,788
Network Finance Co Pty Ltd|2.25|11/11/2026, 2.25%, 11/11/26 NETFIN Q66407AD1 - - 570,000 $362,501 $362,501 0.01 $362,228
Vicinity Centres RE Ltd. 4.0% 26-APR-2027, 4.00%, 04/26/27 VCXAU AM9809642 - - 150,000 $99,050 $99,050 0.00 $97,217
Australia and New Zealand Banking Group Limited FRN 26-FEB-2031, 5.40%, 02/26/31 ANZ AU3FN0055687 - - 150,000 $98,380 $98,380 0.00 $97,660
CAN 2YR BOND FUT Dec25 DEC 25 CVZ5 FUTURES_CAD - -546.00 $-41,188,655 $0 0.00 $0
EURO-SCHATZ FUT Dec25 DEC 25 DUZ5 FUTURES_EUR - -137.00 $-17,020,957 $0 0.00 $0
US 5YR NOTE (CBT) Dec25 DEC 25 FVZ5 FUTURES_USD - -345.00 $-37,863,750 $0 0.00 $0
US 2YR NOTE (CBT) Dec25 DEC 25 TUZ5 FUTURES_USD - -3,208 $-669,970,750 $0 0.00 $0
AUST 3YR BOND FUT Dec25 DEC 25 YMZ5 AU03Y 28Z - 595.00 $41,335,581 $0 0.00 $0
HCA INC 0% 10/15/2025, 0.00%, 10/15/25 HCA 40412BXF5 - - 55,450,000 $55,443,030 $55,443,030 2.00 $55,443,030
AIR LEASE CORP 0% 10/15/2025, 0.00%, 10/15/25 AL 00913WXF7 - - 51,200,000 $51,193,590 $51,193,590 1.85 $51,193,590
AIR LEASE CORP 0% 10/16/2025, 0.00%, 10/16/25 AL 00913WXG5 - - 33,300,000 $33,291,662 $33,291,662 1.20 $33,291,662
AUTONATION INC 0% 10/15/2025, 0.00%, 10/15/25 AUTONA 05330LXF5 - - 20,100,000 $20,097,347 $20,097,347 0.72 $20,097,347
SEGREGATED CASH SEGCASH - $0.00 7,922,225 $7,922,225 $7,922,225 0.29 $7,922,225
AUSTRALIAN DOLLARS AUD - - 8,065,747 $5,230,230 $5,230,230 0.19 $5,230,230
NEW ZEALAND DOLLAR NZD - - 8,804,319 $5,028,597 $5,028,597 0.18 $5,028,597
BRITISH POUND GBP - - 2,067,878 $2,749,654 $2,749,654 0.10 $2,749,654
EURO EUR - - 1,170,771 $1,357,447 $1,357,447 0.05 $1,357,447
CANADIAN DOLLAR CAD - - 1,672,907 $1,191,402 $1,191,402 0.04 $1,191,402
US DOLLARS USD MD_142224 - - -46,565,771 $-46,565,771 $-46,565,771 -1.68 $-46,565,771
Buy Protection, 1.00%, 06/20/30 2I65BYEH4 2I65BYEH4 - 54,400,000 $0 $54,400,000 1.96 $54,400,000
Buy Protection, 1.00%, 06/20/30 2I65BYEH4 2I65BYEH4 - -54,400,000 $-54,400,000 $-54,400,000 -1.96 $-54,400,000
Pay NZD BANK BILL 3MO Receive Fixed 5.12%, 5.12%, 04/22/26 - - $0.00 82,265,000 $46,985,750 $46,985,750 1.69 $46,985,750
Pay NZD BANK BILL 3MO Receive Fixed 5.12%, 5.12%, 04/22/26 - - $0.00 -82,265,000 $-46,985,750 $-46,985,750 -1.69 $-46,985,750
Pay NZD BANK BILL 3MO Receive Fixed 3.56%, 3.56%, 10/21/26 - - - 75,370,000 $43,047,663 $43,047,663 1.55 $43,047,663
Pay NZD BANK BILL 3MO Receive Fixed 3.56%, 3.56%, 10/21/26 - - - -75,370,000 $-43,047,663 $-43,047,663 -1.55 $-43,047,663
Pay NZD BANK BILL 3MO Receive Fixed 3.45%, 3.45%, 02/17/27 - - - 106,550,000 $60,856,156 $60,856,156 2.19 $60,856,156
Pay NZD BANK BILL 3MO Receive Fixed 3.45%, 3.45%, 02/17/27 - - - -106,550,000 $-60,856,156 $-60,856,156 -2.19 $-60,856,156
Pay NZD BANK BILL 3MO Receive Fixed 3.03%, 3.03%, 08/08/27 - - - 94,000,000 $53,688,209 $53,688,209 1.94 $53,688,209
Pay NZD BANK BILL 3MO Receive Fixed 3.03%, 3.03%, 08/08/27 - - - -94,000,000 $-53,688,209 $-53,688,209 -1.94 $-53,688,209
Pay NZD BANK BILL 3MO Receive Fixed 2.923%, 2.92%, 08/25/27 - - - 32,900,000 $18,790,873 $18,790,873 0.68 $18,790,873
Pay NZD BANK BILL 3MO Receive Fixed 2.923%, 2.92%, 08/25/27 - - - -32,900,000 $-18,790,873 $-18,790,873 -0.68 $-18,790,873
PARENT OIS PAY FIX USD 3.4775% REC SOFRRATE 27Aug27 CME_US, 3.48%, 08/27/27 - - - 143,000,000 $143,000,000 $143,000,000 5.15 $143,000,000
PARENT OIS PAY FIX USD 3.4775% REC SOFRRATE 27Aug27 CME_US, 3.48%, 08/27/27 - - - -143,000,000 $-143,000,000 $-143,000,000 -5.15 $-143,000,000
Pay NZD BANK BILL 3MO Receive Fixed 2.665%, 2.67%, 09/25/27 - - - 9,800,000 $5,597,281 $5,597,281 0.20 $5,597,281
Pay NZD BANK BILL 3MO Receive Fixed 2.665%, 2.67%, 09/25/27 - - - -9,800,000 $-5,597,281 $-5,597,281 -0.20 $-5,597,281
PARENT CDS SWAPTION CDX-NAIGS44V1-5Y 21Jan26 PAYER GS_US_SW @25.95C 1, 1.00%, 01/21/26 - XXCZU6 UCAXXCZU6 $1.00 524,900,000 $-524,900,000 $589,499 0.02 $589,499
PARENT CDS SWAPTION CDX-NAIGS45V1-5Y 19Nov25 60 PAYER CITI_US_SW @8.75C 60, 1.00%, 11/19/25 - UCAXXD8HR $60.00 155,000,000 $-155,000,000 $112,321 0.00 $112,321
3 MONTH SOFR FUT Dec27 DEC 27 SFRZ7 FUTURES_USD - -557.00 $-134,981,988 $0 0.00 $0
3 MONTH SOFR FUT Mar26 MAR 26 SFRH6 FUTURES_USD - 557.00 $134,529,425 $0 0.00 $0
PARENT CDS SWAPTION CDX-NAIGS45V1-5Y 19Nov25 70 PAYER CITI_US_SW @4.25C 70, 1.00%, 11/19/25 - UCAXXD8HV $70.00 -155,000,000 $155,000,000 $-52,680 0.00 $-52,680
PARENT CDS SWAPTION CDX-NAIGS44V1-5Y 21Jan26 PAYER GS_US_SW @19.6C 1, 1.00%, 01/21/26 - UCAXXCZU8 $1.00 -262,450,000 $262,450,000 $-192,040 -0.01 $-192,040
FX Forward|AUD|01/16/2026 +AUD2 - - -307,605,000 $-199,652,726 $-199,652,726 -7.20 $-199,652,726
FX Forward|USD|01/16/2026 +AUD2 - - 202,961,778 $202,961,778 $202,961,778 7.32 $202,961,778
FX Forward|AUD|01/16/2026 +AUD0 - - -307,645,000 $-199,678,689 $-199,678,689 -7.20 $-199,678,689
FX Forward|USD|01/16/2026 +AUD0 - - 202,800,507 $202,800,507 $202,800,507 7.31 $202,800,507
FX Forward|CAD|01/16/2026 +CADU - - -99,540,000 $-71,198,200 $-71,198,200 -2.57 $-71,198,200
FX Forward|USD|01/16/2026 +CADU - - 71,662,551 $71,662,551 $71,662,551 2.58 $71,662,551
FX Forward|EUR|01/16/2026 +EUR0 - - -12,410,000 $-14,463,004 $-14,463,004 -0.52 $-14,463,004
FX Forward|USD|01/16/2026 +EUR0 - - 14,478,933 $14,478,933 $14,478,933 0.52 $14,478,933
FX Forward|GBP|01/16/2026 +GBP1 - - -10,460,000 $-13,906,784 $-13,906,784 -0.50 $-13,906,784
FX Forward|USD|01/16/2026 +GBP1 - - 14,005,187 $14,005,187 $14,005,187 0.50 $14,005,187
FX Forward|NZD|01/16/2026 +NZD2 - - -2,400,000 $-1,376,280 $-1,376,280 -0.05 $-1,376,280
FX Forward|USD|01/16/2026 +NZD2 - - 1,391,889 $1,391,889 $1,391,889 0.05 $1,391,889
Janus Henderson publishes this listing of identities and quantities of each position held by the fund on each business day, before commencement of trading. Securities are reported at market value.
The portfolio data and its presentation here is based on the investment book of record and may differ from the accounting book of record and complete schedules of investments in regulatory filings due to differing accounting and reporting standards.

Choose region

Country

Language

What type of investor are you?