Please ensure Javascript is enabled for purposes of website accessibility Securitized Income ETF - Janus Henderson Investors - US Institutional
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For Institutional Investors in the US

Securitized Income ETF Holdings

Full Portfolio Holdings

(As of August 28, 2025)

Ticker Cusip Underlying Security Strike Price Quantity (Shares/ Par/ Units/ Contracts) Notional Value Market Value Weight % Current Market Value
UMBS TBA 30yr 5.5% September Delivery, 5.50%, 09/15/25 FNCL 01F052698 - - 65,610,000 $65,999,067 $65,999,067 5.83 $65,999,067
UMBS TBA 30yr 6.5% September Delivery, 6.50%, 09/15/25 FNCL 01F062697 - - 60,613,000 $62,803,554 $62,803,554 5.55 $62,803,554
UMBS TBA 30yr 5% September Delivery, 5.00%, 09/15/25 FNCL 01F050692 - - 61,479,000 $60,648,111 $60,648,111 5.35 $60,648,111
UMBS TBA 30yr 6% September Delivery, 6.00%, 09/15/25 FNCL 01F060691 - - 57,605,000 $58,852,724 $58,852,724 5.19 $58,852,724
Janus Henderson B-BBB CLO ETF JBBB US 47103U753 - - 827,925 $40,071,570 $40,071,570 3.53 $40,071,570
UMBS TBA 30yr 3.5% September Delivery, 3.50%, 09/15/25 FNCL 01F032690 - - 30,930,000 $27,978,505 $27,978,505 2.47 $27,978,505
UMBS TBA 30yr 4.5% September Delivery, 4.50%, 09/15/25 FNCL 01F042699 - - 25,880,000 $24,908,853 $24,908,853 2.20 $24,908,853
UMBS TBA 30yr 3% September Delivery, 3.00%, 09/15/25 FNCL 01F030694 - - 25,640,000 $22,249,033 $22,249,033 1.96 $22,249,033
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2025-HQA1 M2 5.99839% 25-FEB-2045, 6.00%, 02/25/45 STACR 2025-HQA1 35564NHA4 - - 16,814,815 $16,842,300 $16,842,300 1.49 $16,831,093
Fannie Mae REMIC Trust 2025-12 FC 5.45001% 25-MAR-2055, 5.45%, 03/25/55 FNR 2025-12 3136BVFC7 - - 12,903,924 $12,919,075 $12,919,075 1.14 $12,911,263
PRPM 2025-5 0%30, 5.73%, 07/25/30 PRPM 2025-5 69392RAA9 - - 11,989,821 $12,025,646 $12,025,646 1.06 $11,972,220
Freddie Mac Multiclass Certificates, Series 5544 FC 5.35001% 25-JUN-2055, 5.35%, 06/25/55 FHR 5544 3137HLNP3 - - 11,825,124 $11,858,417 $11,858,417 1.05 $11,851,390
Tricolor Auto Securitization Trust 2025-1 C 5.72% 15-OCT-2029, 5.72%, 10/15/29 TAST 2025-1A 89617CAC5 - - 11,502,000 $11,555,123 $11,555,123 1.02 $11,529,538
FIGRE Trust 2025-HE3 A 5.56% 25-MAY-2055, 5.56%, 05/25/55 FIGRE 2025-HE3 31684LAA9 - - 11,269,061 $11,384,874 $11,384,874 1.00 $11,336,142
Libra Solutions 2025-1 A 6.355% 15-AUG-2039, 6.36%, 08/15/39 OASIS 2025-1A 53161AAA9 - - 10,200,000 $10,262,395 $10,262,395 0.91 $10,222,782
Vista Point Securitization Trust 2025-CES2 A1 5.601% 25-AUG-2055, 5.60%, 08/25/55 VSTA 2025-CES2 92842UAA0 - - 9,419,128 $9,500,951 $9,500,951 0.84 $9,459,919
METRONET INFRASTRUCTURE ISSU 5.4% 55, 5.40%, 08/20/55 MNET 2025-2A 59170JAX6 - - 8,200,000 $8,317,653 $8,317,653 0.73 $8,299,203
Connecticut Avenue Securities Trust 2025-R01 1M1 5.44839% 25-JAN-2045, 5.45%, 01/25/45 CAS 2025-R01 20755JAB9 - - 7,853,692 $7,863,321 $7,863,321 0.69 $7,858,565
Homeward Opportunities Fund Trust 2025-RRTL1 A1 5.476% 25-MAR-2040, 5.48%, 03/25/40 HOF 2025-RRTL1 437919AA1 - - 7,650,000 $7,673,163 $7,673,163 0.68 $7,668,508
Affirm Master Trust Series 2025-2 D 5.6% 15-JUL-2033, 5.60%, 07/15/33 AFRMT 2025-2A 00833BAK4 - - 7,500,000 $7,560,081 $7,560,081 0.67 $7,543,748
RCKT Mortgage Trust 2025-CES1 A1A 5.653% 25-JAN-2045, 5.65%, 01/25/45 RCKT 2025-CES1 A1 749427AA8 - - 7,058,058 $7,159,229 $7,159,229 0.63 $7,128,196
NYC Commercial Mortgage Trust 2025-1155 A 5.8329% 10-JUN-2042, 5.83%, 06/10/42 NYC 2025-1155 67122BAA5 - - 7,007,000 $6,786,138 $6,786,138 0.60 $6,754,349
BX Trust 2025-VLT7 E 8.1131% 15-JUL-2044, 8.11%, 07/15/44 BX 2025-VLT7 123913AJ4 - - 6,640,000 $6,715,622 $6,715,622 0.59 $6,648,405
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA6 B2 11.84839% 25-OCT-2041, 11.81%, 10/25/41 STACR 2021-DNA6 35564KLV9 - - 6,250,000 $6,710,172 $6,710,172 0.59 $6,596,219
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA3 B2 10.59839% 25-SEP-2041, 10.60%, 09/25/41 STACR 2021-HQA3 35564KKL2 - - 6,288,000 $6,545,422 $6,545,422 0.58 $6,538,017
Chase Mortgage Reference Notes, Series 2020-CL1 M1 6.71448% 25-OCT-2057, 6.69%, 10/25/57 CHASE 2020-CL1 46591HAG5 - - 6,357,234 $6,529,599 $6,529,599 0.58 $6,524,876
BX Trust 2024-CNYN D 7.05319% 15-APR-2041, 7.05%, 04/15/41 BX 2024- CNYN 05612HAG6 - - 6,289,538 $6,314,840 $6,314,840 0.56 $6,297,588
Connecticut Avenue Securities, Series 2021-R03 1M2 5.99839% 25-DEC-2041, 6.00%, 12/25/41 CAS 2021-R03 20754AAB9 - - 6,219,572 $6,263,275 $6,263,275 0.55 $6,259,130
PRET 2025-RPL1 Trust A1 4.0% 25-JUL-2069, 4.00%, 07/25/69 PRET 2025-RPL1 69392FAA5 - - 6,280,590 $6,098,264 $6,098,264 0.54 $6,078,725
QTS ISSUER ABS I 5.439%55, 5.44%, 05/25/55 QTS 2025-1A 74690DAA9 - - 6,000,000 $6,094,665 $6,094,665 0.54 $6,091,039
BX Trust 2025-TAIL D 6.8131% 15-JUN-2035, 6.81%, 06/15/35 BX 2025-TAIL 123912AG2 - - 6,000,000 $5,998,699 $5,998,699 0.53 $5,982,802
FS Commercial Mortgage Trust 2023-4SZN D 9.382749% 10-NOV-2039, 9.38%, 11/10/39 FS 2023-4SZN 30334RAG9 - - 5,750,000 $5,974,026 $5,974,026 0.53 $5,932,065
KRE Commercial Mortgage Trust 2025-AIP4 A 5.6631% 15-MAR-2042, 5.66%, 03/15/42 KRE 2025-AIP4 50077KAA6 - - 5,902,000 $5,906,865 $5,906,865 0.52 $5,893,867
PRET 2025-RPL3 Trust A1 4.15% 25-APR-2065, 4.15%, 04/25/65 PRET 2025-RPL3 69382RAA1 - - 6,065,424 $5,897,867 $5,897,867 0.52 $5,878,289
New Residential Mortgage LLC 6.545% 25-MAR-2032, 6.54%, 03/25/32 NZES 2025-FHT 64832EAA7 - - 5,613,785 $5,676,495 $5,676,495 0.50 $5,672,412
FIGRE Trust 2025-HE5|5.485|08/25/2055, 5.49%, 08/25/55 FIGRE 2025-HE5 31684MAB5 - - 5,500,000 $5,523,350 $5,523,350 0.49 $5,499,886
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2025-DNA2 M2 5.84839% 25-MAY-2045, 5.85%, 05/25/45 STACR 2025-DNA2 35564NJA2 - - 5,510,949 $5,518,042 $5,518,042 0.49 $5,514,461
Marlette Funding Trust 2025-1 D 6.02% 15-JUL-2035, 6.02%, 07/16/35 MFT 2025-1A 570920AD0 - - 5,368,000 $5,428,564 $5,428,564 0.48 $5,415,997
RCKT Mortgage Trust 2025-CES4 A1A 5.811% 25-APR-2055, 5.81%, 05/25/55 RCKT 2025-CES4 74937YAA6 - - 5,294,033 $5,398,221 $5,398,221 0.48 $5,374,294
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA7 M2 6.14839% 25-NOV-2041, 6.15%, 11/25/41 STACR 2021-DNA7 35564KMH9 - - 5,274,435 $5,316,966 $5,316,966 0.47 $5,313,363
Chase Auto Credit Linked Notes, Series 2025-1 E 6.024% 25-JUN-2033, 6.02%, 02/25/33 CACLN 2025-1 46591HCV0 - - 5,332,334 $5,279,738 $5,279,738 0.47 $5,276,169
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2025-HQA1 M1 5.49839% 25-FEB-2045, 5.50%, 02/25/45 STACR 2025-HQA1 35564NGZ0 - - 5,190,704 $5,197,663 $5,197,663 0.46 $5,194,492
Connecticut Avenue Securities Trust 2025-R04 25-MAY-2045, 5.85%, 05/25/45 CAS 2025-R04 20755TAC5 - - 5,168,240 $5,169,254 $5,169,254 0.46 $5,165,895
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA7 B2 12.14839% 25-NOV-2041, 12.15%, 11/25/41 STACR 2021-DNA7 35564KNE5 - - 4,800,000 $5,168,821 $5,168,821 0.46 $5,112,122
PRET 2025-NPL4 A1 6.3677% 25-MAY-2055, 6.37%, 04/25/55 PRET 2025-NPL4 74136UAA3 - - 5,129,474 $5,157,823 $5,157,823 0.45 $5,154,194
ABL 2024-RTL1 A2 7.457% 25-SEP-2029, 7.46%, 09/25/29 ABL 2024-RTL1 00092EAB4 - - 5,160,000 $5,155,438 $5,155,438 0.45 $5,151,162
BX Commercial Mortgage Trust 2021-VOLT E 6.478% 15-SEP-2036, 6.48%, 09/15/36 BX 2021-VOLT 05609VAN5 - - 5,166,760 $5,154,892 $5,154,892 0.45 $5,141,877
Connecticut Avenue Securities Trust 2022-R01 1B2 10.34839% 25-DEC-2041, 10.35%, 12/25/41 CAS 2022-R01 20754LAJ8 - - 4,900,000 $5,131,371 $5,131,371 0.45 $5,125,737
Westlake Automobile Receivables Trust 2025-2 D 5.08% 15-MAY-2031, 5.08%, 05/15/31 WLAKE 2025-2A 96041KAG9 - - 5,000,000 $5,045,273 $5,045,273 0.44 $5,035,395
COMPASS DATACENTERS 2025-1 B1, 5.76%, 05/25/50 CMPDC 2025-1A 20469CAC9 - - 5,000,000 $5,043,432 $5,043,432 0.44 $5,040,234
Foundation Finance Trust 2025-2 C 5.09% 15-APR-2052, 5.09%, 04/15/52 FFIN 2025-2A 35042NAC9 - - 5,000,000 $5,009,297 $5,009,297 0.44 $4,999,400
Atlas Warehouse Lending Company, L.P. 6.25% 15-JAN-2030, 6.25%, 01/15/30 ATWALD 049463AE2 - - 4,854,000 $5,005,967 $5,005,967 0.44 $4,968,888
JP MORGAN MORTGAGE TRUST 2 5.777% 55, 5.50%, 11/25/55 JPMMT 2025-5MPR 46593VAD9 - - 4,941,385 $4,988,199 $4,988,199 0.44 $4,967,060
Avis Budget Rental Car Funding (AESOP) Series 2023-4 D 7.31% 20-JUN-2029, 7.31%, 06/20/29 AESOP 2023-4A 05377RJS4 - - 4,868,000 $4,966,622 $4,966,622 0.44 $4,957,726
Fannie Mae REMIC Trust 2025-9 FA 5.55001% 25-MAR-2055, 5.55%, 03/25/55 FNR 2025-9 3136BVDC9 - - 4,950,116 $4,959,848 $4,959,848 0.44 $4,956,796
Avis Budget Rental Car Funding (AESOP) Series 2021-1 D 3.71% 20-AUG-2027, 3.71%, 08/20/27 AESOP 2021-1A 05377REL4 - - 5,000,000 $4,922,571 $4,922,571 0.43 $4,917,934
PRPM 2025-RCF3, LLC, 5.77%, 08/25/30 PRPM 2025-6 69395KAA1 - - 4,788,000 $4,834,776 $4,834,776 0.43 $4,789,467
BX Commercial Mortgage Trust 2024-MF D 7.05292% 15-FEB-2039, 7.05%, 02/15/39 BX 2024-MF 05612EAG3 - - 4,737,182 $4,756,472 $4,756,472 0.42 $4,743,478
Sierra Timeshare 2025-2 Receivables Funding D 6.79% 20-APR-2044, 6.79%, 04/20/44 SRFC 2025-2A 82653HAD2 - - 4,329,837 $4,727,680 $4,727,680 0.42 $4,375,610
Lendbuzz Securitization Trust 2024-2 C 7.45% 15-MAY-2031, 7.45%, 05/15/31 LBZZ 2024-2A 525920AD6 - - 4,500,000 $4,719,406 $4,719,406 0.42 $4,706,369
BX Commercial Mortgage Trust 2024-BIO2 D 7.9698% 15-AUG-2041, 7.97%, 08/13/41 BX 2024-BIO2 05613GAG7 - - 4,702,000 $4,719,209 $4,719,209 0.42 $4,690,062
Chase Mortgage Reference Notes, Series 2020-CL1 M2 6.96448% 25-OCT-2057, 6.94%, 10/25/57 CHASE 2020-CL1 46591HAH3 - - 4,592,350 $4,716,066 $4,716,066 0.42 $4,712,526
JERSEY MIKES FUNDING LLC 5.61% 55, 5.61%, 08/16/55 JMIKE 2025-1A 476681AE1 - - 4,600,000 $4,711,776 $4,711,776 0.42 $4,686,686
NRM MSR-Collateralized Notes, Series 2024-FNT1 A 7.398% 25-NOV-2029, 7.40%, 11/25/31 NZES 2024-FNT1 62956YAA7 - - 4,650,911 $4,693,213 $4,693,213 0.41 $4,689,390
PRPM 2025 RCF4 LLC 4.5% 55, 4.50%, 08/25/55 PRPM 2025-RCF4 69382WAB8 - - 4,800,000 $4,671,222 $4,671,222 0.41 $4,636,422
Saluda Grade Alternative Mortgage Trust 2023-RTL3 A1 7.0% 25-APR-2029, 7.00%, 04/25/29 GRADE 2023-RTL3 79583YAA2 - - 4,615,047 $4,613,142 $4,613,142 0.41 $4,588,015
Compass Datacenters Issuer II, Series 2024-2 B1_2402 25-AUG-2049, 6.00%, 08/25/49 CMPDC 2024-2A 20469AAE9 - - 4,500,000 $4,585,871 $4,585,871 0.40 $4,582,871
OnDeck Asset Securitization IV, Series 2025-1 B 5.52% 17-APR-2032, 5.52%, 04/19/32 ONDK 2025-1A 68237DAB9 - - 4,500,000 $4,537,553 $4,537,553 0.40 $4,529,273
FIGRE TRUST 2025-FL1 5.467% 55, 5.47%, 07/25/55 FIGRE 2025-FL1 31684QAB6 - - 4,496,235 $4,527,666 $4,527,666 0.40 $4,508,548
RCKT Mortgage Trust 2025-CES5 A1A 5.687% 25-MAY-2055, 5.69%, 05/25/55 RCKT 2025-CES5 74942CAA7 - - 4,434,007 $4,507,944 $4,507,944 0.40 $4,488,331
Great Wolf Trust 2024-WOLF D 7.2531% 15-MAR-2039, 7.25%, 03/15/39 GWT 2024-WOLF 39152MAG0 - - 4,425,000 $4,460,982 $4,460,982 0.39 $4,448,501
Carvana Auto Receivables Trust 2021-N3 E 3.16% 10-JUN-2028, 3.16%, 06/12/28 CRVNA 2021-N3 14687GAF2 - - 4,517,908 $4,411,015 $4,411,015 0.39 $4,403,480
Hotwire Funding, Series 2021-1 C_2021_1 4.459% 20-NOV-2051, 4.46%, 11/20/51 HWIRE 2021-1 44148JAC3 - - 4,500,000 $4,405,711 $4,405,711 0.39 $4,400,694
Fora Financial Asset Securitization, Series 2024-1 A 6.33% 15-MAY-2027, 6.33%, 08/15/29 FORA 2024-1A 34512PAA2 - - 4,333,000 $4,375,943 $4,375,943 0.39 $4,365,277
Saluda Grade Alternative Mortgage Trust 2023-FIG4 A 6.718% 25-NOV-2053, 6.72%, 11/25/53 GRADE 2023-FIG4 79581UAA2 - - 4,212,325 $4,349,893 $4,349,893 0.38 $4,327,883
JP Morgan Mortgage Trust 2024-CES1 A1B 6.019% 25-JUN-2054, 6.02%, 06/25/54 JPMMT 2024-CES1 46658CAB7 - - 4,304,602 $4,346,841 $4,346,841 0.38 $4,326,690
Sotheby's ArtFi Master Trust, Series 2024-1 C 6.83% 20-DEC-2031, 6.83%, 12/22/31 ARTFI 2024-1A 83589CAD0 - - 4,250,000 $4,331,111 $4,331,111 0.38 $4,275,475
TOWD POINT MORTGAGE TRUS 5.98666% 65, 6.00%, 07/25/65 TPMT 2025-HE1 89183LAD7 - - 4,300,000 $4,304,341 $4,304,341 0.38 $4,301,514
IRV Trust 2025-200P C 5.921382% 14-MAR-2047, 5.92%, 03/14/47 IRV 2025-200P 45006HAE1 - - 4,200,000 $4,174,582 $4,174,582 0.37 $4,155,239
BX Commercial Mortgage Trust 2021-SOAR D 5.878% 15-JUN-2038, 5.88%, 06/15/38 BX 2021-SOAR 05608WAL8 - - 4,164,505 $4,169,238 $4,169,238 0.37 $4,159,718
Drive Auto Receivables Trust 2025-1 D 5.41% 15-SEP-2032, 5.41%, 09/15/32 DRIVE 2025-1 262102AF3 - - 4,077,000 $4,157,687 $4,157,687 0.37 $4,149,109
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA3 M2 6.44839% 25-SEP-2041, 6.45%, 09/25/41 STACR 2021-HQA3 35564KJP5 - - 4,100,848 $4,139,669 $4,139,669 0.37 $4,136,730
BX Trust 2024-BRBK A 7.24274% 15-OCT-2041, 7.24%, 10/15/41 BX 2024-BRBK 05613NAA5 - - 3,991,885 $4,058,352 $4,058,352 0.36 $4,022,289
BX Trust 2025-LUNR D 6.8631% 15-JUN-2040, 6.86%, 06/15/40 BX 2025-LUNR 05594CAK0 - - 4,000,000 $4,021,779 $4,021,779 0.35 $4,011,103
COOPR Residential Mortgage Trust 2025-CES1 A1A 5.654% 25-MAY-2060, 5.65%, 05/25/60 COOPR 2025-CES1 12596SAA1 - - 3,953,087 $4,008,797 $4,008,797 0.35 $3,991,413
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA4 B2 11.34839% 25-DEC-2041, 11.35%, 12/25/41 STACR 2021-HQA4 35564KPP8 - - 3,719,000 $3,929,636 $3,929,636 0.35 $3,924,947
Connecticut Avenue Securities Trust 2025-R04 25-MAY-2045, 5.55%, 05/25/45 CAS 2025-R04 20755TAB7 - - 3,886,786 $3,894,008 $3,894,008 0.34 $3,891,612
BX Commercial Mortgage Trust 2024-XL5 D 7.0529% 15-MAR-2041, 7.05%, 03/15/41 BX 2024-XL5 05612GAG8 - - 3,866,839 $3,876,694 $3,876,694 0.34 $3,866,088
LHOME Mortgage Trust 2024-RTL5 A2 5.751% 25-SEP-2039, 5.75%, 09/25/39 LHOME 2024-RTL5 50205WAB3 - - 3,766,000 $3,777,680 $3,777,680 0.33 $3,775,273
Saluda Grade Alternative Mortgage Trust 2024-RTL4 A1 7.5% 25-FEB-2030, 7.50%, 02/25/30 GRADE 2024-RTL4 79584CAA9 - - 3,721,485 $3,765,783 $3,765,783 0.33 $3,744,074
BMP Commercial Mortgage Trust 2024-MF23 D 6.75359% 15-JUN-2041, 6.75%, 06/15/41 BMP 2024-MF23 05593JAG5 - - 3,750,000 $3,763,836 $3,763,836 0.33 $3,753,987
FREMF 2023-K511 Mortgage Trust C 5.822407% 25-NOV-2028, 5.82%, 11/25/28 FREMF 2023-K511 30334FAG5 - - 4,000,000 $3,748,494 $3,748,494 0.33 $3,730,380
Vontive Mortgage Trust 2025-RTL1 A1 6.507% 25-MAR-2030, 6.51%, 03/25/30 VNTV 2025-RTL1 928884AA3 - - 3,672,000 $3,735,427 $3,735,427 0.33 $3,732,772
Structured Agency Credit Risk (STACR) Debt Notes, Series 2024-HQA2 M2 6.14839% 25-AUG-2044, 6.15%, 08/25/44 STACR 2024-HQA2 35564NEC3 - - 3,620,000 $3,637,836 $3,637,836 0.32 $3,635,363
Hilton Grand Vacations Trust 2025-1 C 5.52% 25-AUG-2040, 5.52%, 05/27/42 HGVT 2025-1A 43283CAC5 - - 3,585,670 $3,624,853 $3,624,853 0.32 $3,622,654
Chase Auto Owner Trust 2025-1 D 5.24% 25-NOV-2032, 5.24%, 11/26/32 CHAOT 2025-1A 16145NAG6 - - 3,600,000 $3,617,273 $3,617,273 0.32 $3,615,177
Santander Bank Auto Credit-Linked Notes, Series 2024-A E 7.762% 15-JUN-2032, 7.76%, 06/15/32 SBCLN 2024-A 80290CCM4 - - 3,543,777 $3,585,889 $3,585,889 0.32 $3,575,192
Reach ABS Trust 2025-2 C 5.69% 15-AUG-2032, 5.69%, 08/18/32 REACH 2025-2A 75525QAC4 - - 3,533,000 $3,579,614 $3,579,614 0.32 $3,571,796
RCKT Mortgage Trust 2024-CES9 A1B 5.683% 25-DEC-2044, 5.68%, 12/25/44 RCKT 2024-CES9 749426AB8 - - 3,527,034 $3,561,737 $3,561,737 0.31 $3,546,147
ALA Trust 2025-OANA A 6.10663% 15-JUN-2040, 6.11%, 06/15/40 ALA 2025-OANA 009920AA7 - - 3,500,000 $3,525,092 $3,525,092 0.31 $3,516,780
Saluda Grade Alternative Mortgage Trust 2023-FIG3 A 7.067% 25-AUG-2053, 7.07%, 08/25/53 GRADE 79582AAA5 - - 3,360,627 $3,484,722 $3,484,722 0.31 $3,466,250
CSMC 2021-BHAR C 6.478% 15-NOV-2038, 6.48%, 11/15/38 CSMC 2021-BHAR 12659VAJ9 - - 3,446,000 $3,417,836 $3,417,836 0.30 $3,409,154
Affirm Asset Securitization Trust 2024-A C_2 6.16% 15-FEB-2029, 6.16%, 02/15/29 AFFRM 2024-A 00834BAH0 - - 3,392,000 $3,413,676 $3,413,676 0.30 $3,405,550
Homeward Opportunities Fund Trust 2024-RTL1 A2 8.57% 25-JUL-2029, 8.57%, 07/25/29 HOF 43789FAB9 - - 3,391,000 $3,406,141 $3,406,141 0.30 $3,402,912
Tricolor Auto Securitization Trust 2025-1 D 6.84% 15-APR-2031, 6.84%, 04/15/31 TAST 2025-1A 89617CAD3 - - 3,240,000 $3,342,921 $3,342,921 0.29 $3,334,303
SCG Commercial Mortgage Trust 2025-DLFN E 7.3131% 15-MAR-2027, 7.31%, 03/15/35 SCG 2025 78398EAJ4 - - 3,350,000 $3,340,695 $3,340,695 0.29 $3,331,168
BX Trust 2021-ARIA D 6.3734% 15-OCT-2036, 6.37%, 10/15/36 BX 2021-ARIA 05608RAJ4 - - 3,300,000 $3,306,170 $3,306,170 0.29 $3,297,991
FinBe USA Trust 2025-1 B 6.6% 15-DEC-2030, 6.60%, 12/16/30 FINBE 2025-1A 317967AB3 - - 3,250,000 $3,291,235 $3,291,235 0.29 $3,282,893
Compass Datacenters Issuer II, Series 2024-2 B2_2402 25-AUG-2049, 6.00%, 08/25/49 CMPDC 2024-2A 20469AAF6 - - 3,250,000 $3,281,329 $3,281,329 0.29 $3,279,163
PRPM 2025-2 A1 6.469% 25-MAY-2030, 6.47%, 05/25/30 PRPM 2025-2 69382HAA3 - - 3,237,657 $3,261,297 $3,261,297 0.29 $3,245,007
Lendbuzz Securitization Trust 2025-2 D 6.18% 15-APR-2032, 6.18%, 04/15/32 LBZZ 2025-2A 52611JAE0 - - 3,168,000 $3,232,143 $3,232,143 0.29 $3,224,529
Amur Equipment Finance Receivables XV, Series 2025-1 D 5.68% 20-AUG-2032, 5.68%, 08/20/32 AXIS 2025-1A 03237FAE5 - - 3,129,000 $3,184,762 $3,184,762 0.28 $3,180,318
Santander Bank Auto Credit-Linked Notes, Series 2024-A F 10.171% 15-JUN-2032, 10.17%, 06/15/32 SBCLN 2024-A 80290CCN2 - - 3,109,258 $3,163,144 $3,163,144 0.28 $3,150,845
Galaxy Senior Participation Interest Trust 1|8.249753|07/31/2026, 8.25%, 07/31/26 GLXYT 2025-1 362922AA4 - - 3,108,483 $3,143,622 $3,143,622 0.28 $3,125,101
VERTICAL BRIDGE LLC 2016-1 7.728% 55, 7.45%, 08/16/55 VBTOW 2025-1A 92535VAU6 - - 3,144,000 $3,141,269 $3,141,269 0.28 $3,140,619
LHOME Mortgage Trust 2024-RTL4 A2 6.092% 25-JUL-2039, 6.09%, 07/25/39 LHOME 2024-RTL4 50205PAB8 - - 3,130,000 $3,136,539 $3,136,539 0.28 $3,134,420
BX Trust 2024-VLT4 E 7.252504% 15-JUN-2041, 7.25%, 07/15/29 BX 2024-VLT4 05612TAJ4 - - 3,130,000 $3,127,113 $3,127,113 0.28 $3,118,285
Libra Solutions 2025-1 B 8.055% 15-AUG-2039, 8.05%, 08/15/39 OASIS 2025-1A 53161AAB7 - - 3,100,000 $3,122,079 $3,122,079 0.28 $3,106,819
HILTON GRAND VACATIONS TRUS 5.12% 44, 5.12%, 05/25/44 HGVT 2025-2A 43285JAC8 - - 3,106,000 $3,118,916 $3,118,916 0.28 $3,112,290
BX Trust 2021-ARIA F 7.0715% 15-OCT-2036, 7.07%, 10/15/36 BX 2021-ARIA 05608RAN5 - - 3,088,000 $3,115,235 $3,115,235 0.27 $3,087,998
BX Trust 2024-BIO C 7.0031% 15-FEB-2041, 7.00%, 02/15/41 BX 2024-BIO 05612AAJ5 - - 3,107,000 $3,105,947 $3,105,947 0.27 $3,097,485
Wells Fargo Commercial Mortgage Trust 2024-MGP C11 7.45225% 15-AUG-2041, 7.45%, 08/15/41 WFCM 2024-MGP 95003TAE3 - - 3,100,000 $3,102,420 $3,102,420 0.27 $3,093,436
Homeward Opportunities Fund Trust 2024-RTL1 A1 7.12% 25-JUL-2029, 7.12%, 07/25/29 HOF 43789FAA1 - - 3,070,000 $3,085,914 $3,085,914 0.27 $3,083,485
RCKT Mortgage Trust 2024-CES8 A1A 5.48955% 25-OCT-2044, 5.49%, 11/25/44 RCKT 2024-CES8 749421AA1 - - 3,049,923 $3,085,804 $3,085,804 0.27 $3,072,782
VERTICAL BRIDGE LLC 2016-1 9.383% 55, 9.38%, 08/16/55 VBTOW 2025-1A 92535VAW2 - - 3,100,000 $3,080,388 $3,080,388 0.27 $3,079,580
RCKT Mortgage Trust 2025-CES2 A1B 5.603% 25-FEB-2055, 5.60%, 02/25/55 RCKT 2025-CES2 74942BAB7 - - 3,046,654 $3,079,580 $3,079,580 0.27 $3,066,303
LHOME Mortgage Trust 2024-RTL3 A1 6.9% 25-MAY-2029, 6.90%, 05/25/29 LHOME 2024-RTL3 50205GAA0 - - 3,040,000 $3,074,649 $3,074,649 0.27 $3,072,319
SoFi Consumer Loan Program 2025-1 Trust D 5.72% 25-FEB-2034, 5.72%, 02/27/34 SCLP 2025-1 83406YAD3 - - 3,000,000 $3,036,158 $3,036,158 0.27 $3,034,251
Structured Agency Credit Risk (STACR) Debt Notes, Series 2024-HQA1 M2 6.34839% 25-MAR-2044, 6.35%, 03/25/44 STACR 2024-HQA1 M2 35564NCA9 - - 3,000,000 $3,033,096 $3,033,096 0.27 $3,030,980
Connecticut Avenue Securities Trust 2024-R05 2M2 6.04839% 25-JUL-2044, 6.05%, 07/25/44 CAS 2024-R05 20754XAC7 - - 3,000,000 $3,024,832 $3,024,832 0.27 $3,007,186
Saluda Grade Alternative Mortgage Trust 2024-RTL6 A1 7.439% 25-JUL-2030, 7.44%, 07/25/30 GRADE 2024-RTL6 79585UAA8 - - 2,941,750 $2,983,049 $2,983,049 0.26 $2,966,029
Extended Stay America Trust 2021-ESH F 8.178% 15-JUL-2038, 8.18%, 07/15/38 ESA 2021-ESH 30227FAN0 - - 2,935,590 $2,965,672 $2,965,672 0.26 $2,935,553
Lendbuzz Securitization Trust 2025-2 C 5.28% 15-APR-2031, 5.28%, 04/15/31 LBZZ 2025-2A 52611JAD2 - - 2,921,000 $2,960,013 $2,960,013 0.26 $2,954,016
SWCH Commercial Mortgage Trust 2025-DATA E 7.70332% 15-FEB-2042, 7.70%, 02/15/42 SWCH 2025-DATA 78489CAE9 - - 2,950,000 $2,947,439 $2,947,439 0.26 $2,938,602
FHF Issuer Trust 2025-1 (First Help Financial Trust) C 5.69% 15-AUG-2031, 5.69%, 08/15/31 FHF 2025-1A 30340RAE6 - - 2,854,000 $2,931,788 $2,931,788 0.26 $2,925,473
BXP Trust 2017-GM E 3.53896% 13-JUN-2039, 3.54%, 06/13/39 BXP 2017-GM 056083AN8 - - 3,080,000 $2,919,014 $2,919,014 0.26 $2,910,537
FIGRE Trust 2024-HE3 C 6.229% 25-JUL-2054, 6.23%, 07/25/54 FIGRE 2024-HE3 31684GAC6 - - 2,847,193 $2,885,624 $2,885,624 0.25 $2,883,653
SCG Commercial Mortgage Trust 2025-FLWR E 7.1% 15-AUG-2042, 7.10%, 08/15/42 SCG 2025-FLWR 78438AAJ4 - - 2,867,000 $2,875,614 $2,875,614 0.25 $2,869,960
Exeter Automobile Receivables Trust 2024-3 E 7.84% 15-OCT-2031, 7.84%, 10/15/31 EART 30165AAG0 - - 2,700,000 $2,860,433 $2,860,433 0.25 $2,852,201
Huntington Bank Auto Credit-Linked Notes, Series 2025-1 C 6.59503% 20-MAR-2033, 6.60%, 03/21/33 HACLN 2025-1 446438SZ7 - - 2,806,396 $2,811,003 $2,811,003 0.25 $2,806,376
Wells Fargo Commercial Mortgage Trust 2025-VTT D 6.382032% 15-MAR-2038, 6.38%, 03/15/38 WFCM 2025-VTT 94990GAG4 - - 2,776,000 $2,794,356 $2,794,356 0.25 $2,780,576
RCKT Mortgage Trust 2024-CES7 A1A 5.158% 25-OCT-2044, 5.16%, 10/25/44 RCKT 2024-CES7 749414AA6 - - 2,775,572 $2,787,960 $2,787,960 0.25 $2,776,825
A&D Mortgage Trust 2025-NQM2 A1 5.79% 25-JUN-2070, 5.79%, 06/25/70 ADMT 2025-NQM2 00250EAC0 - - 2,732,498 $2,767,001 $2,767,001 0.24 $2,754,696
Lendbuzz Securitization Trust 2024-2 B 6.52% 15-FEB-2030, 6.52%, 07/16/29 LBZZ 2024-2A 525920AC8 - - 2,650,000 $2,744,422 $2,744,422 0.24 $2,737,702
BX Trust 2025-ROIC E 7.30439% 15-FEB-2042, 7.30%, 03/15/30 BX 2025-ROIC 05593VAN3 - - 2,771,192 $2,727,540 $2,727,540 0.24 $2,719,668
FINANCE OF AMERICA STRUC 3.28125% 74, 3.50%, 04/25/74 FASST 2024-S3 31739WAB8 - - 2,806,510 $2,722,143 $2,722,143 0.24 $2,721,051
Finance of America Structured Securities Trust, 2025-S1 A1 3.5% 25-FEB-2075, 3.50%, 02/25/75 FASST 2025-S1 31741BAB0 - - 2,802,991 $2,706,282 $2,706,282 0.24 $2,705,192
New Residential Mortgage Loan Trust 2024-RTL1 A2 7.101% 25-MAR-2039, 7.10%, 03/25/39 NRMLT 2024-RTL1 64831PAB1 - - 2,677,000 $2,701,199 $2,701,199 0.24 $2,699,087
MHC Commercial Mortgage Trust 2021-MHC F 7.079442% 15-APR-2038, 7.08%, 04/15/38 MHC 2021-MHC 55316VAL8 - - 2,660,000 $2,669,799 $2,669,799 0.24 $2,662,477
Connecticut Avenue Securities Trust 2024-R06 1M2 5.94839% 25-SEP-2044, 5.95%, 09/25/44 CAS 2024-R06 20755RAC9 - - 2,647,442 $2,656,006 $2,656,006 0.23 $2,654,257
Lendbuzz Securitization Trust 2024-1 C 7.58% 15-SEP-2030, 7.58%, 09/15/30 LBZZ 2024-1A C 525935AD4 - - 2,500,000 $2,610,701 $2,610,701 0.23 $2,603,331
BPR Trust 2024-PMDW D 5.85% 05-NOV-2041, 5.85%, 11/05/41 BPR 2024-PMDW 05592VAJ3 - - 2,610,000 $2,579,824 $2,579,824 0.23 $2,567,948
PRPM 2025-RCF3 LLC 5.25% 55, 5.25%, 07/25/55 PRPM 2025-RCF3 69392PAA3 - - 2,542,885 $2,560,874 $2,560,874 0.23 $2,550,491
Coinstar Funding Series 2017-1 A2 5.216% 25-APR-2047, 5.22%, 04/25/47 COIN 2017-1A 19260MAA4 - - 2,752,500 $2,557,319 $2,557,319 0.23 $2,543,759
ExteNet Issuer, Series 2025-1 C_251 8.272% 25-JUL-2054, 8.27%, 07/25/54 EXTNT 2025-1A 30227XAS0 - - 2,500,000 $2,549,931 $2,549,931 0.22 $2,547,634
USB Auto Owner Trust 2025-1 D 5.4% 15-DEC-2032, 5.40%, 12/15/32 USCAR 2025-1A 90367VAG4 - - 2,500,000 $2,545,403 $2,545,403 0.22 $2,540,153
Western Funding Auto Loan Trust 2025-1 D 5.79% 15-JAN-2036, 5.79%, 01/15/36 WEFUN 2025-1 958250AD4 - - 2,500,000 $2,540,632 $2,540,632 0.22 $2,535,003
Wells Fargo Commercial Mortgage Trust 2024-1CHI C 6.433771% 15-JUL-2035, 6.43%, 07/15/35 WFCM 2024-1CHI 95003PAE1 - - 2,500,000 $2,536,979 $2,536,979 0.22 $2,524,469
Sandstone Peak III C 6.96846% 25-APR-2037, 6.97%, 04/25/37 SAND 2024-1A 799928AJ5 - - 2,500,000 $2,533,177 $2,533,177 0.22 $2,516,240
Wingspire Equipment Finance 2024-1 D 6.31% 20-SEP-2032, 6.31%, 09/20/32 WEF 2024-1A 97415AAE2 - - 2,500,000 $2,529,441 $2,529,441 0.22 $2,525,497
WB Commercial Mortgage Trust 2024-HQ C 7.13342% 16-MAR-2040, 7.13%, 03/15/40 WB 2024-HQ 92943PAE1 - - 2,500,000 $2,528,968 $2,528,968 0.22 $2,515,097
Zais CLO 11 BR 6.11549% 20-JAN-2032, 6.12%, 01/20/32 ZAIS 2018-11A 98887YAQ0 - - 2,500,000 $2,524,095 $2,524,095 0.22 $2,507,532
OnDeck Asset Securitization IV, Series 2025-1 C 6.64% 17-APR-2032, 6.64%, 04/19/32 ONDK 2025-1A 68237DAC7 - - 2,500,000 $2,518,156 $2,518,156 0.22 $2,512,623
Affirm Asset Securitization Trust 2024-X1 C 6.57% 15-MAY-2029, 6.57%, 05/15/29 AFFRM 2024-X1 00834XAC3 - - 2,500,000 $2,516,835 $2,516,835 0.22 $2,510,448
MTN Commercial Mortgage Trust 2022-LPFL B 6.2656% 15-MAR-2039, 6.27%, 03/15/39 MTN 2022-LPFL 62475WAC9 - - 2,500,000 $2,505,839 $2,505,839 0.22 $2,499,747
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2022-DNA1 B2 11.44839% 25-JAN-2042, 11.45%, 01/25/42 STACR 2022-DNA1 35564KQZ5 - - 2,350,000 $2,490,814 $2,490,814 0.22 $2,487,825
BX Commercial Mortgage Trust 2024-GPA3 C 6.25498% 15-DEC-2039, 6.26%, 12/15/39 BX 2024-GPA3 123910AE1 - - 2,473,953 $2,487,240 $2,487,240 0.22 $2,481,222
Brean Asset Backed Securities Trust 2024-RM8 A2 4.5% 25-MAY-2064, 4.50%, 05/25/64 BABS 2024-RM8 10637YAB1 - - 2,560,000 $2,460,937 $2,460,937 0.22 $2,459,657
FHF Issuer Trust 2024-2 (First Help Financial) D 7.15% 15-SEP-2031, 7.15%, 09/15/31 FHF 2024-2A 30336NAJ0 - - 2,373,000 $2,458,018 $2,458,018 0.22 $2,451,420
Hudson's Bay Simon JV Trust 2015-HBS B10 4.9056% 05-AUG-2034, 4.91%, 08/05/34 HBCT 44422PBW1 - - 2,500,000 $2,440,084 $2,440,084 0.22 $2,430,545
Westlake Automobile Receivables Trust Series 2025-P1 D 5.59% 15-JUL-2032, 5.59%, 07/15/32 WLAKE 2025-P1 96043LAG5 - - 2,379,000 $2,432,422 $2,432,422 0.21 $2,427,250
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2022-DNA2 M2 8.09839% 25-FEB-2042, 8.10%, 02/25/42 STACR 2022-DNA2 35564KRN1 - - 2,340,071 $2,430,037 $2,430,037 0.21 $2,427,932
Citigroup Commercial Mortgage Trust 2021-PRM2 G 8.978% 15-JUN-2036, 8.98%, 10/15/38 CGCMT 2021-PRM2 17291HAS3 - - 2,400,000 $2,407,465 $2,407,465 0.21 $2,399,085
Reach ABS Trust 2024-1 C 6.9% 15-FEB-2031, 6.90%, 02/18/31 REACH 2024-1A 75526PAC5 - - 2,295,000 $2,388,575 $2,388,575 0.21 $2,382,417
Chase Auto Credit Linked Notes, Series 2025-1 F 6.996% 25-JUN-2033, 7.00%, 02/25/33 CACLN 2025-1 46591HCW8 - - 2,355,271 $2,384,087 $2,384,087 0.21 $2,382,256
EFMT 2025-CES1 A1B 5.877% 25-JAN-2060, 5.88%, 01/25/60 EFMT 2025-CES1 26846VAB0 - - 2,316,883 $2,348,379 $2,348,379 0.21 $2,337,789
U.S. Bank Auto Credit Linked Notes, Series 2023-1 B 6.789% 25-AUG-2032, 6.79%, 08/25/32 USCLN 2023-1 90357PAV6 - - 2,313,171 $2,340,749 $2,340,749 0.21 $2,339,004
SREIT Commercial Mortgage Trust 2021-MFP2 F 7.0962% 15-NOV-2036, 7.10%, 11/15/36 SREIT 2021-MFP2 85236WCQ7 - - 2,334,000 $2,340,189 $2,340,189 0.21 $2,333,749
LHOME Mortgage Trust 2024-RTL1 A1 7.017% 25-JAN-2029, 7.02%, 01/25/29 LHOME 2024-RTL1 50205DAA7 - - 2,311,000 $2,325,935 $2,325,935 0.21 $2,324,133
Connecticut Avenue Securities, Series 2021-R03 1B1 7.09839% 25-DEC-2041, 7.10%, 12/25/41 CAS 2021-R03 20754AAF0 - - 2,250,000 $2,293,873 $2,293,873 0.20 $2,292,098
GS Mortgage-Backed Securities Trust 2025-RPL3 A1 4.1% 25-JUL-2065, 4.10%, 07/25/65 GSMBS 2025-RPL3 362963AA8 - - 2,275,493 $2,228,173 $2,228,173 0.20 $2,220,916
PRPM 2025-RPL3 A1 3.25% 25-APR-2055, 3.25%, 04/25/55 PRPM 2025-RPL3 69392NAA8 - - 2,282,557 $2,221,059 $2,221,059 0.20 $2,215,289
Exeter Select Automobile Receivables Trust 2025-2 D 5.34% 15-JAN-2032, 5.34%, 01/15/32 ESART 2025-2 30185EAF0 - - 2,200,000 $2,219,545 $2,219,545 0.20 $2,214,976
BXP Trust 2017-GM D 3.53896% 13-JUN-2039, 3.54%, 06/13/39 BXP 056083AL2 - - 2,310,000 $2,205,292 $2,205,292 0.19 $2,198,934
COOPR Residential Mortgage Trust 2025-CES2 A1A 5.502% 25-JUN-2060, 5.50%, 06/25/60 COOPR 2025-CES2 12674UAA1 - - 2,172,021 $2,199,667 $2,199,667 0.19 $2,190,372
FINANCE OF AMER STR TR 2024-S2 A1, 3.50%, 04/25/74 FASST 2024-S2 31739VAA2 - - 2,213,350 $2,155,210 $2,155,210 0.19 $2,154,349
Hudson's Bay Simon JV Trust 2015-HBS A10 4.1545% 05-AUG-2034, 4.15%, 08/05/34 HBCT 2015-HB10 44422PBN1 - - 2,210,000 $2,154,549 $2,154,549 0.19 $2,147,408
OPEN Trust 2023-AIR B 8.201097% 15-NOV-2040, 8.20%, 11/15/40 OPEN 2023-AIR 68373BAC5 - - 2,080,000 $2,101,196 $2,101,196 0.19 $2,079,965
BAMLL Re-REMIC Trust 2025-FRR5 E736 0.942563% 27-SEP-2052, 0.95%, 09/27/52 BAMLL 05494BAJ6 - - 2,405,067 $2,096,044 $2,096,044 0.18 $2,092,368
TOWD POINT MORTGAGE TRUST 6.125% 65, 5.67%, 08/25/65 TPMT 2025-CES3 891949AC3 - - 2,060,000 $2,078,331 $2,078,331 0.18 $2,069,251
LIFE 2022-BMR2 Mortgage Trust C 6.45622% 15-MAY-2039, 6.46%, 05/15/39 LIFE 2022-BMR2 53218DAG3 - - 2,250,000 $2,062,119 $2,062,119 0.18 $2,056,470
Reach ABS Trust 2025-1 C 5.99% 15-AUG-2032, 5.99%, 08/16/32 REACH 2025-1A 75525PAC6 - - 2,000,000 $2,043,203 $2,043,203 0.18 $2,038,544
Gracie Point International Funding, Series 2023-1 D 8.84828% 01-SEP-2026, 8.85%, 09/01/26 GPIF 2023-1A 383931AD4 - - 2,000,000 $2,043,000 $2,043,000 0.18 $1,999,742
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA3 B1 7.69839% 25-SEP-2041, 7.70%, 09/25/41 STACR 2021-HQA3 35564KKK4 - - 2,000,000 $2,041,086 $2,041,086 0.18 $2,039,375
FIGRE TRUST 2025-HE4 FLTG 2055 C, 5.71%, 07/25/55 FIGRE 2025-HE4 31684PAC6 - - 2,012,862 $2,022,404 $2,022,404 0.18 $2,013,466
LIFE 2022-BMR2 Mortgage Trust D 6.90501% 15-MAY-2039, 6.91%, 05/15/39 LIFE 2022-BMR2 53218DAJ7 - - 2,215,000 $2,020,488 $2,020,488 0.18 $2,014,541
Post Road Equipment Finance 2025-1 E 7.08% 15-MAY-2032, 7.08%, 05/17/32 PREF 2025-1A 73747LAF5 - - 2,000,000 $2,020,217 $2,020,217 0.18 $2,014,710
GWT Commercial Mortgage Trust 2024-WLF2 E 8.00153% 15-MAY-2041, 8.00%, 05/15/41 GWT 2024-WLF2 362414AJ3 - - 2,000,000 $2,012,546 $2,012,546 0.18 $2,006,323
BX Trust 2021-BXMF G 7.827513% 15-OCT-2038, 7.83%, 10/15/26 BX 2021-BXMF 05609RAS3 - - 2,040,266 $2,004,548 $2,004,548 0.18 $1,984,623
CONE Trust 2024-DFW1 A 6.00483% 15-AUG-2041, 6.00%, 08/15/41 CONE 2024-DFW1 20682AAA8 - - 2,000,000 $2,002,171 $2,002,171 0.18 $1,997,501
Libra Solutions 2024-1 A 5.88% 30-SEP-2038, 5.88%, 09/30/38 OASIS 2024-1A 53161XAA9 - - 2,000,000 $1,998,836 $1,998,836 0.18 $1,989,363
SMRT Commercial Mortgage Trust 2022-MINI F 7.7131% 15-JAN-2039, 7.71%, 01/15/39 SMRT 2022-MINI 78457JAQ5 - - 2,025,000 $1,974,861 $1,974,861 0.17 $1,968,786
ACHM Trust 2024-HE1 B 7.26% 25-MAY-2039, 7.26%, 05/25/39 ACHM 2024-HE1 00449TAB1 - - 1,899,616 $1,968,059 $1,968,059 0.17 $1,966,526
Jersey Mike's Funding, Series 2019-1 A2 4.433% 15-FEB-2050, 4.43%, 02/15/50 JMIKE 2019-1A 476681AA9 - - 1,970,000 $1,961,741 $1,961,741 0.17 $1,958,344
BX Trust 2022-FOX2 D 6.47407% 15-APR-2039, 6.47%, 04/15/39 BX 2022-FOX2 05610AAG3 - - 1,942,500 $1,938,945 $1,938,945 0.17 $1,934,055
Saluda Grade Alternative Mortgage Trust 2024-FIG5 B 6.603% 25-APR-2054, 6.60%, 04/25/54 GRADE 2024-FIG5 79582MAB7 - - 1,905,077 $1,926,238 $1,926,238 0.17 $1,916,454
BX Commercial Mortgage Trust 2024-AIR2 C 6.60424% 15-OCT-2041, 6.61%, 10/15/41 BX 2024-AIR2 05613QAE0 - - 1,918,360 $1,926,089 $1,926,089 0.17 $1,921,162
Angel Oak Mortgage Trust 2025-6 A2 5.768% 25-APR-2070, 5.77%, 04/25/70 AOMT 2025-6 034937AB8 - - 1,884,207 $1,908,012 $1,908,012 0.17 $1,899,559
COMM 2016-667M A 3.14% 10-OCT-2036, 3.14%, 10/10/36 COMM 12636GAA9 - - 2,120,000 $1,892,502 $1,892,502 0.17 $1,887,325
FIGRE Trust 2025-HE3 C 5.91% 25-MAY-2055, 5.91%, 05/25/55 FIGRE 2025-HE3 31684LAC5 - - 1,875,208 $1,891,197 $1,891,197 0.17 $1,882,577
FIGRE Trust 2025-HE3 B 5.71% 25-MAY-2055, 5.71%, 05/25/55 FIGRE 2025-HE3 31684LAB7 - - 1,875,208 $1,891,063 $1,891,063 0.17 $1,882,735
Huntington Bank Auto Credit-Linked Notes, Series 2024-2 C 6.94503% 20-OCT-2032, 6.95%, 10/20/32 HACLN 2024-2 44644NAJ8 - - 1,875,914 $1,886,509 $1,886,509 0.17 $1,883,252
BX Trust 2024-BRBK B 8.2897% 15-OCT-2041, 8.29%, 10/15/41 BX 2024-BRBK 05613NAG2 - - 1,850,000 $1,860,584 $1,860,584 0.16 $1,854,623
Alterna Funding III B 7.136% 15-MAY-2039, 7.14%, 05/16/39 TAX 2024-1A 02157JAC9 - - 1,819,528 $1,838,561 $1,838,561 0.16 $1,833,511
SoFi Consumer Loan Program 2025-3 Trust D 5.35% 25-AUG-2034, 5.35%, 08/15/34 SCLP 2025-3 83390JAD4 - - 1,800,000 $1,806,071 $1,806,071 0.16 $1,803,664
SBNA Auto Receivables Trust 2025-SF1 D 5.34% 15-MAY-2030, 5.34%, 09/15/31 SBAT 2025-SF1 78437XAD8 - - 1,750,000 $1,771,708 $1,771,708 0.16 $1,768,074
RCKT MORTGAGE TRUST 2025-CE 7.12% 34, 7.12%, 07/25/34 RCKTL 2025-1A 74939RAE1 - - 1,750,000 $1,765,591 $1,765,591 0.16 $1,764,207
RCKT MORTGAGE TRUST 2025-CE 5.42% 34, 5.42%, 07/25/34 RCKTL 2025-1A 74939RAD3 - - 1,750,000 $1,765,368 $1,765,368 0.16 $1,764,314
BXHPP Trust 2021-FILM C 5.578% 15-AUG-2036, 5.58%, 08/15/36 BXHPP 2021-FILM 05609JAL6 - - 1,950,000 $1,764,974 $1,764,974 0.16 $1,760,744
Chase Auto Owner Trust 2025-1 C 4.93% 25-DEC-2030, 4.93%, 12/26/30 CHAOT 2025-1A 16145NAF8 - - 1,750,000 $1,764,663 $1,764,663 0.16 $1,763,704
Wells Fargo Commercial Mortgage Trust 2025-VTT E 7.13745% 15-MAR-2038, 7.14%, 03/15/38 WFCM 2025-VTT 94990GAJ8 - - 1,735,000 $1,752,820 $1,752,820 0.15 $1,743,188
Gracie Point International Funding, Series 2024-1 B 6.44828% 01-MAR-2028, 6.52%, 03/01/28 GPIF 2024-1A 38410KAB5 - - 1,724,000 $1,749,722 $1,749,722 0.15 $1,722,238
Vertical Bridge CC Secured Tower Revenue Notes, Series 2020-2 B_2020_2 3.229% 15-SEP-2050, 3.23%, 09/15/50 VBTOW 2020-2A 92535VAG7 - - 1,750,000 $1,749,685 $1,749,685 0.15 $1,747,488
RCKT Mortgage Trust 2024-CES8 A1B 5.64082% 25-OCT-2044, 5.64%, 11/25/44 RCKT 2024-CES8 749421AB9 - - 1,697,230 $1,714,872 $1,714,872 0.15 $1,707,426
Ally Bank Auto Credit-Linked Notes, Series 2025-A E 6.066% 15-JUN-2033, 6.07%, 06/15/33 ABCLN 2025-A 02007G5H2 - - 1,700,000 $1,705,725 $1,705,725 0.15 $1,701,715
Saluda Grade Alternative Mortgage Trust 2024-RTL5 A1 7.762% 25-APR-2030, 7.76%, 04/25/30 GRADE 2024-RTL5 A1 795935AA3 - - 1,640,000 $1,668,417 $1,668,417 0.15 $1,658,516
FIGRE TRUST 2025-HE4 5.408% 55, 5.41%, 07/25/55 FIGRE 2025-HE4 31684PAA0 - - 1,654,653 $1,666,959 $1,666,959 0.15 $1,659,999
Brean Asset Backed Securities Trust 2024-RM9 A1 5.0% 25-SEP-2064, 5.00%, 09/25/64 BABS 2024-RM9 10638DAA8 - - 1,673,688 $1,664,006 $1,664,006 0.15 $1,663,076
CarMax Auto Owner Trust 2024-1 D 6.0% 15-JUL-2030, 6.00%, 07/15/30 CARMX 2024-1 14318WAH0 - - 1,620,000 $1,660,601 $1,660,601 0.15 $1,656,821
Business Jet Securities, Series 2024-1 B 6.924% 15-MAY-2039, 6.92%, 05/15/39 BJETS 2024-1A 12327CAB0 - - 1,581,290 $1,631,789 $1,631,789 0.14 $1,627,531
UMBS TBA 30yr 4% September Delivery, 4.00%, 09/15/25 FNCL 01F040693 - - 1,738,000 $1,623,633 $1,623,633 0.14 $1,623,633
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA4 M2 6.69839% 25-DEC-2041, 6.70%, 12/25/41 STACR 2021-HQA4 35564KNS4 - - 1,600,000 $1,622,691 $1,622,691 0.14 $1,621,500
Herbalife Ltd. 4.25% 15-JUN-2028, 4.25%, 06/15/28 HLF 42703MAF0 - - 1,702,000 $1,621,557 $1,621,557 0.14 $1,606,688
Huntington Bank Auto Credit-Linked Notes, Series 2024-1 C 7.49503% 20-MAY-2032, 7.50%, 05/20/32 HACLN 2024-1 44644NAC3 - - 1,602,050 $1,611,900 $1,611,900 0.14 $1,608,898
RCKT MORTGAGE TR 2025-CES8 A1A, 5.15%, 08/25/55 RCKT 2025-CES8 74939WAA8 - - 1,576,000 $1,586,889 $1,586,889 0.14 $1,580,579
BX Commercial Mortgage Trust 2024-WPT D 7.0528% 15-APR-2041, 7.05%, 03/15/34 BX 2024-WPT 05612JAG2 - - 1,580,000 $1,586,512 $1,586,512 0.14 $1,582,178
Hotwire Funding, Series 2024-1 C_2024_1 9.188% 20-JUN-2054, 9.19%, 06/20/54 HWIRE 44148JAM1 - - 1,500,000 $1,584,619 $1,584,619 0.14 $1,581,174
FIGRE TRUST 2025 HE4 FLTG 2055 B, 5.61%, 07/25/55 FIGRE 2025-HE4 31684PAB8 - - 1,558,111 $1,568,338 $1,568,338 0.14 $1,561,542
CALI Mortgage Trust 2019-101C B 4.158% 10-MAR-2039, 4.16%, 03/10/39 CALI 129890AG4 - - 1,700,000 $1,556,962 $1,556,962 0.14 $1,551,464
ExteNet Issuer, Series 2024-1 C_241 9.05% 25-JUL-2054, 9.05%, 07/25/54 EXTNT 2024-1A 30227XAL5 - - 1,500,000 $1,550,810 $1,550,810 0.14 $1,549,302
Arivo Acceptance Auto Loan Receivables Trust 2024-1 B 6.87% 15-JUN-2030, 6.87%, 06/17/30 ARIVO 2024-1A 039943AB1 - - 1,500,000 $1,539,639 $1,539,639 0.14 $1,535,632
Tricolor Auto Securitization Trust 2024-1 D 8.61% 15-APR-2028, 8.61%, 04/17/28 TAST 2024-1A 89616LAD4 - - 1,500,000 $1,532,338 $1,532,338 0.14 $1,527,315
VB-S1 Issuer Secured Tower Revenue Notes, Series 2024-1 (Vertical Bridge) D_2024_1 6.644% 15-MAY-2054, 6.64%, 05/15/54 VBTEL 2024-1A 91823ABE0 - - 1,500,000 $1,528,139 $1,528,139 0.13 $1,524,263
USB Auto Owner Trust 2025-1 C 4.96% 15-MAR-2031, 4.96%, 03/17/31 USCAR 2025-1A 90367VAF6 - - 1,500,000 $1,527,549 $1,527,549 0.13 $1,524,655
Santander Bank Auto Credit-Linked Notes, Series 2023-B E 8.408% 15-DEC-2033, 8.41%, 12/15/33 SBCLN 2023-B 80290CCE2 - - 1,498,473 $1,524,295 $1,524,295 0.13 $1,519,395
United Auto Credit Securitization Trust 2024-1 C 7.06% 10-OCT-2029, 7.06%, 10/10/29 UACST 2024-1 90945DAC4 - - 1,500,000 $1,516,761 $1,516,761 0.13 $1,511,172
Brex Commercial Charge Card Master Trust Series 2024-1 A2 6.68% 15-JUL-2027, 6.68%, 07/15/27 BREX 2024-1 05601DAF0 - - 1,500,000 $1,515,083 $1,515,083 0.13 $1,511,186
BX Trust 2021-ARIA E 6.7225% 15-OCT-2036, 6.72%, 10/15/36 BX 2021-ARIA 05608RAL9 - - 1,500,000 $1,512,232 $1,512,232 0.13 $1,499,655
DC Trust 2024-HLTN C 7.286102% 13-APR-2040, 7.29%, 04/13/40 DC 2024-HLTN 24022FAG5 - - 1,500,000 $1,510,057 $1,510,057 0.13 $1,501,556
JW Commercial Mortgage Trust 2024-MRCO C 6.75315% 15-JUN-2039, 6.75%, 06/15/39 JW 2024-MRCO 46657XAE6 - - 1,500,000 $1,505,900 $1,505,900 0.13 $1,501,961
RCKT Mortgage Trust 2025-CES7 A1B 5.478% 25-JUL-2055, 5.48%, 07/25/55 RCKT 2025-CES7 74943AAB8 - - 1,487,819 $1,504,915 $1,504,915 0.13 $1,498,575
Gracie Point International Funding 2025-1 LLC|4.355|08/15/2028, 4.36%, 08/15/28 GPIF 2025-1A 38411WAC6 - - 1,500,000 $1,500,000 $1,500,000 0.13 $1,500,000
Rithm Capital Corp. 8.0% 01-APR-2029, 8.00%, 04/01/29 RITM 64828TAB8 - - 1,417,000 $1,498,279 $1,498,279 0.13 $1,451,675
TSC SPV Funding, Series 2024-1 (Tropical Smoothie Cafe) A2 6.291% 20-AUG-2054, 6.29%, 08/20/54 TROP 2024-1A 898912AA8 - - 1,488,750 $1,490,526 $1,490,526 0.13 $1,488,185
Saluda Grade Alternative Mortgage Trust 2024-RTL6 A2 8.683% 25-JUL-2030, 8.68%, 07/25/30 GRADE 2024-RTL6 79585UAB6 - - 1,450,000 $1,475,142 $1,475,142 0.13 $1,465,349
LIFE 2021-BMR Mortgage Trust F 6.828% 15-MAR-2038, 6.83%, 03/15/38 LIFE 2021-BMR 53218CAL4 - - 1,484,000 $1,473,436 $1,473,436 0.13 $1,469,496
QTS ISSUER ABS I 5.928%55, 5.93%, 05/25/55 QTS 2025-1A 74690DAB7 - - 1,442,000 $1,468,923 $1,468,923 0.13 $1,467,974
MVW 2025-1 C 5.75% 20-SEP-2042, 5.75%, 09/22/42 MVWOT 2025-1A 627924AC7 - - 1,419,068 $1,444,868 $1,444,868 0.13 $1,442,828
LHOME Mortgage Trust 2024-RTL3 A2 8.373% 25-MAY-2029, 8.37%, 05/25/29 LHOME 2024-RTL3 50205GAB8 - - 1,400,000 $1,426,209 $1,426,209 0.13 $1,424,907
Carvana Auto Receivables Trust 2025-P1 N 5.66%, 5.66%, 03/10/33 CRVNA 2025-P1 14689MAH3 - - 1,419,144 $1,423,462 $1,423,462 0.13 $1,419,222
BAMLL Re-REMIC Trust 2025-FRR5 EK86 0.0% 27-NOV-2051, 0.00%, 11/27/51 BAMLL 05494BBJ5 - - 1,892,604 $1,415,560 $1,415,560 0.12 $1,415,560
Western Funding Auto Loan Trust 2025-1 C 5.34% 15-NOV-2035, 5.34%, 11/15/35 WEFUN 2025-1 958250AC6 - - 1,389,000 $1,409,619 $1,409,619 0.12 $1,406,735
CF Hippolyta Net-Lease Mortgage Notes, Series 2020-1 A1_2020_1 10.809297% 15-JUL-2060, 1.69%, 07/15/60 SORT 2020-1 12530MAA3 - - 1,593,018 $1,377,489 $1,377,489 0.12 $1,376,442
Ally Bank Auto Credit-Linked Notes, Series 2024-B E 6.678% 15-SEP-2032, 6.68%, 09/15/32 ABCLN 2024-B 02007G4F7 - - 1,371,526 $1,373,690 $1,373,690 0.12 $1,370,128
RCKT MORTGAGE TRUST 2025 5.24863% 55, 5.25%, 08/25/55 RCKT 2025-CES8 74939WAB6 - - 1,347,000 $1,355,396 $1,355,396 0.12 $1,349,897
Foundation Finance Trust 2024-1 D 8.13% 15-DEC-2049, 8.13%, 12/15/49 FFIN 2024-1A 349941AD6 - - 1,273,553 $1,351,803 $1,351,803 0.12 $1,347,776
Garda World Security Corporation 6.0% 01-JUN-2029, 6.00%, 06/01/29 GWCN 36485MAL3 - - 1,333,000 $1,339,933 $1,339,933 0.12 $1,320,383
Ally Bank Auto Credit-Linked Notes, Series 2024-B F 8.036% 15-SEP-2032, 8.04%, 09/15/32 ABCLN 2024-B 02007G4G5 - - 1,302,949 $1,322,801 $1,322,801 0.12 $1,318,729
BAMLL Re-REMIC Trust 2025-FRR5 EK73 0.009926% 27-FEB-2051, 0.01%, 02/27/51 BAMLL 05494BAW7 - - 1,784,783 $1,319,350 $1,319,350 0.12 $1,319,337
BX Trust 2021-MFM1 E 6.728% 15-JAN-2034, 6.73%, 01/15/34 BX 2021-MFM1 05608VAL0 - - 1,283,520 $1,288,013 $1,288,013 0.11 $1,284,655
RCKT Mortgage Trust 2024-CES6 A1B 5.546% 25-SEP-2044, 5.55%, 09/25/44 RCKT 2024-CES6 749410AB2 - - 1,272,780 $1,281,033 $1,281,033 0.11 $1,275,543
COMM 2024-WCL1 Mortgage Trust D 7.653% 17-JUN-2041, 7.65%, 06/15/41 COMM 2024-WCL1 20047DAG9 - - 1,250,000 $1,250,375 $1,250,375 0.11 $1,246,655
FHF Issuer Trust 2024-2 (First Help Financial) C 6.43% 15-JUL-2030, 6.43%, 07/15/30 FHF 2024-2A 30336NAG6 - - 1,202,000 $1,244,816 $1,244,816 0.11 $1,241,810
COMM 2024-WCL1 Mortgage Trust C 7.253% 17-JUN-2041, 7.25%, 06/15/41 COMM 2024-WCL1 20047DAE4 - - 1,250,000 $1,241,864 $1,241,864 0.11 $1,238,338
FHF Trust 2024-1 (First Help Financial) B 6.26% 15-MAR-2030, 6.26%, 03/15/30 FHF 2024-1A 31568AAC0 - - 1,200,000 $1,232,036 $1,232,036 0.11 $1,229,115
PRPM 2025-RPL4 A1, 3.00%, 05/25/55 PRPM 2025-RPL4 74448NAA2 - - 1,302,528 $1,225,567 $1,225,567 0.11 $1,222,528
Huntington Bank Auto Credit-Linked Notes, Series 2025-1 D 7.84503% 20-MAR-2033, 7.85%, 03/21/33 HACLN 2025-1 446438TA1 - - 1,212,898 $1,215,265 $1,215,265 0.11 $1,212,886
DROP Mortgage Trust 2021-FILE A 5.628% 15-OCT-2043, 5.63%, 10/15/43 DROP 2021-FILE 26210YAA4 - - 1,250,000 $1,212,813 $1,212,813 0.11 $1,210,077
Huntington Bank Auto Credit-Linked Notes, Series 2024-2 D 8.34503% 20-OCT-2032, 8.35%, 10/20/32 HACLN 2024-2 44644NAK5 - - 1,193,161 $1,208,522 $1,208,522 0.11 $1,206,033
VB-S1 Issuer Secured Tower Revenue Notes, Series 2024-1 (Vertical Bridge) F_2024_1 8.871% 15-MAY-2054, 8.87%, 05/15/54 VBTEL 2024-1A 91823ABG5 - - 1,150,000 $1,194,842 $1,194,842 0.11 $1,190,875
LHOME Mortgage Trust 2024-RTL2 A2 8.897% 25-MAR-2029, 8.90%, 03/25/29 LHOME 2024-RTL2 50205JAB2 - - 1,175,000 $1,194,724 $1,194,724 0.11 $1,193,563
BX Trust 2024-CNYN C 6.30426% 15-APR-2041, 6.30%, 04/15/41 BX 2024- CNYN 05612HAE1 - - 1,179,288 $1,183,583 $1,183,583 0.10 $1,180,692
MTN Commercial Mortgage Trust 2022-LPFL D 7.3128% 15-MAR-2039, 7.31%, 03/15/39 MTN 2022-LPFL 62475WAG0 - - 1,175,000 $1,179,861 $1,179,861 0.10 $1,176,519
Connecticut Avenue Securities, Series 2021-R02 2B1 7.64839% 25-NOV-2041, 7.65%, 11/25/41 CAS 2021-R02 20754KAF8 - - 1,141,001 $1,166,691 $1,166,691 0.10 $1,165,722
FIGRE Trust 2025-HE2 A 5.775% 25-MAR-2055, 5.78%, 03/25/55 FIGRE 2025-HE2 31684KAA1 - - 1,113,425 $1,162,293 $1,162,293 0.10 $1,124,739
Foundation Finance Trust 2023-2 D 9.1% 15-JUN-2049, 9.10%, 06/15/49 FFIN 2023-2A 35042RAD8 - - 1,033,732 $1,108,483 $1,108,483 0.10 $1,104,825
Connecticut Avenue Securities Trust 2024-R05 2M1 5.34839% 25-JUL-2044, 5.35%, 07/25/44 CAS 2024-R05 20754XAB9 - - 1,092,583 $1,098,093 $1,098,093 0.10 $1,092,410
FIGRE Trust 2024-HE1 C 6.749% 25-MAR-2054, 6.75%, 03/25/54 FIGRE 2024-HE1 31684HAC4 - - 1,057,414 $1,082,773 $1,082,773 0.10 $1,081,980
Reach ABS Trust 2024-2 D 8.83% 15-JUL-2031, 8.83%, 07/15/31 REACH 2024-2A 75525HAD2 - - 1,000,000 $1,065,436 $1,065,436 0.09 $1,062,002
FIGRE Trust 2025-PF1 A 5.758% 25-JUN-2055, 5.76%, 06/25/55 FIGRE 2025-PF1 316922AA1 - - 1,052,354 $1,063,977 $1,063,977 0.09 $1,059,264
Connecticut Avenue Securities Trust 2025-R01 1M2 5.84839% 25-JAN-2045, 5.85%, 01/25/45 CAS 2025-R01 20755JAC7 - - 1,054,000 $1,056,709 $1,056,709 0.09 $1,056,024
SBNA Auto Receivables Trust 2024-A E 8.0% 15-APR-2032, 8.00%, 04/15/32 SBAT 2024-A 78437PAH6 - - 1,000,000 $1,049,528 $1,049,528 0.09 $1,046,417
FHF Trust 2024-1 (First Help Financial) C 7.42% 15-MAY-2031, 7.42%, 05/15/31 FHF 2024-1A 31568AAD8 - - 1,000,000 $1,049,303 $1,049,303 0.09 $1,046,418
Bayview Opportunity Master Fund VII Trust 2024-CAR1 D 6.39839% 25-DEC-2031, 6.40%, 12/26/31 BVCLN 2024-CAR1 07336QAD4 - - 1,035,722 $1,049,256 $1,049,256 0.09 $1,042,505
LIFE 2021-BMR Mortgage Trust E 6.228% 15-MAR-2038, 6.23%, 03/15/38 LIFE 2021-BMR 53218CAJ9 - - 1,050,000 $1,049,151 $1,049,151 0.09 $1,040,996
RAM 2024-1 A 5.95% 15-FEB-2039, 6.67%, 02/15/39 RAM 2024-1 751313AA5 - - 1,039,383 $1,044,183 $1,044,183 0.09 $1,041,487
MKT 2020-525M Mortgage Trust F 3.03862% 12-FEB-2040, 3.04%, 02/12/40 MKT 55316PAN7 - - 1,541,000 $1,040,470 $1,040,470 0.09 $1,036,828
OnDeck Asset Securitization IV, Series 2024-1 C 8.99% 17-JUN-2031, 8.99%, 06/17/31 ONDK 67118NAC1 - - 1,000,000 $1,034,255 $1,034,255 0.09 $1,031,259
Sotheby's ArtFi Master Trust, Series 2024-1 D 7.91% 20-DEC-2031, 7.91%, 12/22/31 ARTFI 2024-1A 83589CAE8 - - 1,000,000 $1,031,336 $1,031,336 0.09 $1,016,175
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA7 B1 7.99839% 25-NOV-2041, 8.00%, 11/25/41 STACR 2021-DNA7 35564KND7 - - 1,000,000 $1,029,704 $1,029,704 0.09 $1,028,815
United Auto Credit Securitization Trust 2024-1 D 8.3% 10-NOV-2029, 8.30%, 11/12/29 UACST 2024-1 90945DAD2 - - 1,000,000 $1,029,678 $1,029,678 0.09 $1,025,297
CPC Asset Securitization (Channel Partners Capital) III, Series 2024-1 D 13.45% 15-AUG-2030, 13.45%, 08/15/30 CPCAS 2024-1A 126203AD0 - - 1,000,000 $1,026,431 $1,026,431 0.09 $1,021,200
MHC Commercial Mortgage Trust 2021-MHC G 7.679442% 15-APR-2038, 7.68%, 04/15/38 MHC 2021-MHC 55316VAN4 - - 1,020,000 $1,024,318 $1,024,318 0.09 $1,021,272
OnDeck Asset Securitization IV, Series 2024-1 B 7.15% 17-JUN-2031, 7.15%, 06/17/31 ONDK 67118NAB3 - - 1,000,000 $1,018,045 $1,018,045 0.09 $1,015,662
Compass Datacenters Issuer II, Series 2024-1 A2_2401 5.75% 25-FEB-2049, 5.75%, 02/25/49 CMPDC 2024-1A 20469AAB5 - - 1,000,000 $1,013,182 $1,013,182 0.09 $1,012,543
MTN Commercial Mortgage Trust 2022-LPFL F 9.655169% 15-MAR-2039, 9.66%, 03/15/39 MTN 2022-LPFL 62475WAL9 - - 1,000,000 $1,002,765 $1,002,765 0.09 $999,010
BX Trust 2024-VLT4 D 6.803152% 15-JUN-2041, 6.80%, 07/15/29 BX 2024-VLT4 05612TAG0 - - 1,000,000 $999,527 $999,527 0.09 $996,881
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2024-DNA3 M2 5.79839% 25-OCT-2044, 5.80%, 10/25/44 STACR 2024-DNA3 35564NFA6 - - 990,000 $990,890 $990,890 0.09 $990,252
PRET 2025-RPL2 Trust A1 4.0% 25-FEB-2065, 4.00%, 08/25/64 PRET 2025-RPL2 69392LAA2 - - 1,001,736 $981,659 $981,659 0.09 $978,543
BX Commercial Mortgage Trust 2024-AIR2 D 7.15345% 15-OCT-2041, 7.15%, 10/15/41 BX 2024-AIR2 05613QAG5 - - 959,180 $962,471 $962,471 0.08 $959,803
ACHV ABS Trust 2023-1PL (Freed) D 8.47% 18-MAR-2030, 8.47%, 03/18/30 ACHV 2023-1PL 00091XAD9 - - 942,709 $958,021 $958,021 0.08 $955,581
ALA Trust 2025-OANA D 7.45472% 15-JUN-2040, 7.45%, 06/15/40 ALA 2025-OANA 009920AG4 - - 933,000 $940,273 $940,273 0.08 $937,568
Marlette Funding Trust 2023-2 D 7.92% 15-JUN-2033, 7.92%, 06/15/33 MFT 2023-2A 57109LAD5 - - 900,000 $920,438 $920,438 0.08 $917,666
Theorem Funding Trust 2022-3 B 8.95% 15-APR-2029, 8.95%, 04/15/29 THRM 2022-3A 882925AB6 - - 900,000 $913,382 $913,382 0.08 $910,249
Santander Bank Auto Credit Linked Notes Series 2024-B 18-JAN-2033, 12.23%, 01/18/33 SBCLN 2024-B 80280BAG3 - - 900,000 $911,453 $911,453 0.08 $907,172
Santander Bank Auto Credit Linked Notes Series 2024-B 18-JAN-2033, 8.88%, 01/18/33 SBCLN 2024-B 80280BAF5 - - 900,000 $910,599 $910,599 0.08 $907,490
Alloya Auto Receivables Trust 2025-1 B 4.99% 25-MAR-2030, 4.99%, 03/25/30 ALLCU 2025-1A 01986QAJ7 - - 900,000 $908,642 $908,642 0.08 $908,143
Connecticut Avenue Securities, Series 2021-R02 2M2 6.34839% 25-NOV-2041, 6.35%, 11/25/41 CAS 2021-R02 20754KAB7 - - 896,791 $905,170 $905,170 0.08 $904,537
FINANCE OF AMERICA STRUCTURE 3.5% 74, 3.50%, 02/25/74 FASST 2024-S1 31740RAB6 - - 892,212 $870,817 $870,817 0.08 $870,470
Homeward Opportunities Fund Trust 2025-RRTL2|5.237|09/25/2040, 5.24%, 09/25/40 HOF 2025-RRTL2 437923AA3 - - 839,000 $839,700 $839,700 0.07 $839,700
Crockett Partners Equipment Company IIA C 10.16% 20-JAN-2031, 10.16%, 01/20/31 EQS 2024-1C 22689LAC9 - - 803,030 $834,958 $834,958 0.07 $832,918
Crockett Partners Equipment Company IIA B 6.78% 20-JAN-2031, 6.78%, 01/20/31 EQS 2024-1C 22689LAB1 - - 803,030 $820,474 $820,474 0.07 $819,113
Towd Point Mortgage Trust 2024-CES2 A1B 6.35% 25-FEB-2064, 6.35%, 02/25/64 TPMT 2024-CES2 89182JAB7 - - 797,102 $807,286 $807,286 0.07 $803,349
Hudson's Bay Simon JV Trust 2015-HBS C10 5.628567% 05-AUG-2034, 5.63%, 08/05/34 HBCT 2015-HB10 44422PBY7 - - 859,000 $807,054 $807,054 0.07 $803,293
FIGRE Trust 2024-HE4 C 5.301% 25-SEP-2054, 5.30%, 09/25/54 FIGRE 2024-HE4 31684UAC5 - - 798,161 $795,124 $795,124 0.07 $794,654
BXHPP Trust 2021-FILM A 5.128% 15-AUG-2036, 5.13%, 08/15/36 BXHPP 2021-FILM 05609JAA0 - - 820,000 $795,106 $795,106 0.07 $793,470
AMC Networks Inc. 10.25% 15-JAN-2029, 10.25%, 01/15/29 AMCX 00164VAG8 - - 755,000 $792,306 $792,306 0.07 $782,848
Chase Mortgage Reference Notes, Series 2020-CL1 M4 8.81448% 25-OCT-2057, 8.79%, 10/25/57 CHASE 2020-CL1 46591HAK6 - - 749,343 $791,893 $791,893 0.07 $791,162
Exeter Automobile Receivables Trust 2024-1 E 7.89% 15-AUG-2031, 7.89%, 08/15/31 EART 2024-1A 30167PAG5 - - 750,000 $785,893 $785,893 0.07 $783,592
Bayview Opportunity Master Fund VII Trust 2024-EDU1 C 6.14839% 25-JUN-2047, 6.15%, 06/25/47 BVCLN 2024-EDU1 07336PAC8 - - 775,198 $772,628 $772,628 0.07 $772,098
Bayview Opportunity Master Fund VII Trust 2024-EDU1 D 7.09839% 25-JUN-2047, 7.10%, 06/25/47 BVCLN 2024-EDU1 07336PAD6 - - 753,049 $771,852 $771,852 0.07 $771,258
Prosper Marketplace Issuance Trust, Series 2024-1 C 6.96% 15-AUG-2029, 6.96%, 08/15/29 PMIT 74363CAC3 - - 750,000 $761,300 $761,300 0.07 $759,270
Ally Bank Auto Credit-Linked Notes, Series 2025-A F 6.942% 15-JUN-2033, 6.94%, 06/15/33 ABCLN 2025-A 02007G5J8 - - 750,000 $756,152 $756,152 0.07 $754,127
Bayview Opportunity Master Fund VII Trust 2024-CAR1 E 7.94839% 25-DEC-2031, 7.95%, 12/26/31 BVCLN 2024-CAR1 07336QAE2 - - 732,477 $749,488 $749,488 0.07 $743,558
Cyrusone Data Centers Issuer I, Series 2024-1 A2_2401 4.76% 20-MAR-2049, 4.76%, 03/22/49 CYRUS 2024-1A 23284BAF1 - - 735,000 $728,694 $728,694 0.06 $727,819
Chase Auto Credit Linked Notes, Series 2021-2 G 8.482% 25-DEC-2028, 8.48%, 12/26/28 CACLN 2021-2 48128U2S7 - - 723,195 $725,258 $725,258 0.06 $724,576
Marlette Funding Trust 2023-1 D 8.15% 15-APR-2033, 8.15%, 04/15/33 MFT 2023-1A 57110PAD3 - - 700,000 $719,742 $719,742 0.06 $717,524
Westgate Resorts 2024-1 D 9.26% 20-JAN-2038, 9.26%, 01/20/38 WESTR 2024-1A 96034KAD5 - - 703,158 $719,167 $719,167 0.06 $714,103
Westgate Resorts 2024-1 C 7.06% 20-JAN-2038, 7.06%, 01/20/38 WESTR 2024-1A 96034KAC7 - - 703,158 $715,774 $715,774 0.06 $711,912
Affirm Asset Securitization Trust 2024-A D_1 6.89% 15-FEB-2029, 6.89%, 02/15/29 AFFRM 2024-A 00834BAD9 - - 700,000 $706,711 $706,711 0.06 $704,836
Great Wolf Trust 2024-WOLF C 6.7541% 15-MAR-2039, 6.75%, 03/15/39 GWT 2024-WOLF 39152MAE5 - - 700,000 $705,327 $705,327 0.06 $703,488
LHOME Mortgage Trust 2025-RTL3|5.239|08/25/2040, 5.24%, 08/25/40 LHOME 2025-RTL3 50205YAA1 - - 700,000 $700,814 $700,814 0.06 $699,999
RCKT Mortgage Trust 2024-CES1 A1B 6.325% 25-FEB-2044, 6.33%, 02/25/44 RCKT 2024-CES1 749424AB3 - - 687,610 $696,303 $696,303 0.06 $692,920
Towd Point Mortgage Trust 2024-CES1 A1B 6.049% 25-JAN-2064, 6.05%, 01/25/64 TPMT 2024-CES1 89183CAB1 - - 650,980 $657,242 $657,242 0.06 $654,179
Gracie Point International Funding, Series 2024-1 D 11.49828% 01-MAR-2028, 11.57%, 03/01/28 GPIF 2024-1A D 38410KAD1 - - 600,000 $617,391 $617,391 0.05 $600,419
Huntington Bank Auto Credit-Linked Notes, Series 2024-1 D 9.59503% 20-MAY-2032, 9.60%, 05/20/32 HACLN 2024-1 44644NAD1 - - 600,769 $616,149 $616,149 0.05 $614,708
Huntington Bank Auto Credit-Linked Notes, Series 2025-2 D 7.58666% 20-SEP-2033, 7.74%, 09/20/33 HACLN 2025-2 44644NAR0 - - 600,000 $601,706 $601,706 0.05 $600,546
Sierra Timeshare 2024-3 Receivables Funding D 6.93% 20-JUN-2041, 6.93%, 08/20/41 SRFC 2024-3A 82653BAD5 - - 587,752 $592,322 $592,322 0.05 $591,304
Connecticut Avenue Securities, Series 2021-R01 1M2 5.89839% 25-OCT-2041, 5.90%, 10/25/41 CAS 2021-R01 20754RAB2 - - 589,498 $591,849 $591,849 0.05 $591,463
Ally Bank Auto Credit-Linked Notes, Series 2024-A F 9.892% 15-MAY-2032, 9.89%, 05/17/32 ABCLN 2024-A 02007GZ97 - - 565,001 $584,998 $584,998 0.05 $582,824
Rain City Mortgage Trust 2024-RTL1 A2 8.021% 25-SEP-2029, 8.02%, 11/25/29 RCITY 2024-RTL1 75079KAB9 - - 560,000 $565,026 $565,026 0.05 $564,527
BX Trust 2022-FOX2 E 7.32227% 15-APR-2039, 7.32%, 04/15/39 BX 2022-FOX2 05610AAJ7 - - 546,700 $545,880 $545,880 0.05 $544,323
Mello Warehouse Securitization Trust 2024-1 F 9.587% 25-OCT-2057, 9.57%, 10/25/57 MWST 2024-1 58553FAF2 - - 542,000 $540,060 $540,060 0.05 $539,483
TYSN 2023-CRNR Mortgage Trust A 6.79907% 10-DEC-2038, 6.80%, 12/10/33 TYSN 2023-CRNR 87332PAA8 - - 500,000 $531,577 $531,577 0.05 $528,933
Blue Bridge Funding 2023-1 C 9.5% 15-NOV-2030, 9.50%, 11/15/30 BBEF 2023-1A 09531MAC4 - - 546,000 $530,342 $530,342 0.05 $528,324
Sierra Timeshare 2024-2 Receivables Funding D 7.48% 20-JUN-2041, 7.48%, 06/20/41 SRFC 2024-2A 82650DAD4 - - 519,428 $526,253 $526,253 0.05 $525,282
Connecticut Avenue Securities Trust 2024-R01 1M2 6.14839% 25-JAN-2044, 6.15%, 01/25/44 CAS 2024-R01 20753UAB6 - - 520,000 $526,201 $526,201 0.05 $525,846
Marlette Funding Trust 2023-4 B 8.15% 15-DEC-2033, 8.15%, 12/15/33 MFT 2023-4A 57108UAB0 - - 500,000 $523,019 $523,019 0.05 $521,435
Upstart Securitization Trust 2023-3 B 8.25% 20-OCT-2033, 8.25%, 10/20/33 UPST 2023-3 91684MAB9 - - 500,000 $517,710 $517,710 0.05 $516,678
Bayview Opportunity Master Fund VII Trust 2024-SN1 D 6.36% 15-JUL-2029, 6.36%, 07/16/29 BVABS 2024-SN1A 072926AF5 - - 500,000 $514,818 $514,818 0.05 $513,581
Lendbuzz Securitization Trust 2024-1 B 6.58% 15-SEP-2029, 6.58%, 09/15/29 LBZZ 2024-1A 525935AC6 - - 500,000 $514,439 $514,439 0.05 $513,160
Amur Equipment Finance Receivables XIV, Series 2024-2 E 8.88% 20-OCT-2032, 8.88%, 10/20/32 AXIS 2024-2A 03238BAF0 - - 500,000 $514,191 $514,191 0.05 $513,081
LAD Auto Receivables Trust 2024-1 D 6.15% 15-JUN-2031, 6.15%, 06/16/31 LADAR 2024-1A 501689AG8 - - 500,000 $513,782 $513,782 0.05 $512,586
Bridgecrest Lending Auto Securitization Trust 2024-1 D 6.03% 15-NOV-2029, 6.03%, 11/15/29 BLAST 2024-1 107933AF0 - - 500,000 $513,021 $513,021 0.05 $511,849
WB Commercial Mortgage Trust 2024-HQ D 8.277827% 16-MAR-2040, 8.28%, 03/15/40 WB 2024-HQ 92943PAG6 - - 500,000 $511,569 $511,569 0.05 $508,350
Exeter Automobile Receivables Trust 2024-1 D 5.84% 15-JUN-2030, 5.84%, 06/17/30 EART 2024-1A 30167PAF7 - - 500,000 $510,211 $510,211 0.04 $509,076
Ally Auto Receivables Trust 2024-1 D 5.8% 15-FEB-2032, 5.80%, 02/16/32 ALLYA 2024-1 02008FAG9 - - 500,000 $509,071 $509,071 0.04 $507,944
Gracie Point International Funding, Series 2024-1 C 7.84828% 01-MAR-2028, 7.92%, 03/01/28 GPIF 2024-1A 38410KAC3 - - 500,000 $507,795 $507,795 0.04 $498,113
New Economy Assets - Phase 1 Issuer, Series 2021-1 A1_2021_1 2.037333% 20-OCT-2061, 1.91%, 10/20/61 USRE 2021-1 643821AA9 - - 615,000 $506,570 $506,570 0.04 $506,277
Affirm Asset Securitization Trust 2024-A D_2 6.89% 15-FEB-2029, 6.89%, 02/15/29 AFFRM 2024-A 00834BAJ6 - - 500,000 $504,794 $504,794 0.04 $503,454
Tricolor Auto Securitization Trust 2024-1 C 6.99% 15-JAN-2028, 6.99%, 01/18/28 TAST 2024-1A 89616LAC6 - - 500,000 $504,602 $504,602 0.04 $503,243
Affirm Asset Securitization Trust 2024-A C_1 6.16% 15-FEB-2029, 6.16%, 02/15/29 AFFRM 2024-A 00834BAC1 - - 500,000 $503,195 $503,195 0.04 $501,997
BX Commercial Mortgage Trust 2023-VLT3 C 7.8011% 15-NOV-2042, 7.80%, 11/15/28 BX 2023-VLT3 05611GAE4 - - 500,000 $501,517 $501,517 0.04 $500,000
BHG Securitization Trust 2024-1CON (Bankers Healthcare Group) B 6.49% 17-APR-2035, 6.49%, 04/17/35 BHG 2024-1A 08862HAB8 - - 453,530 $466,210 $466,210 0.04 $465,229
Post Road Equipment Finance 2024-1 E 8.5% 15-OCT-2031, 8.50%, 12/15/31 PREF 2024-1A 737473AF5 - - 450,000 $463,642 $463,642 0.04 $462,155
Ally Bank Auto Credit-Linked Notes, Series 2024-A E 7.917% 15-MAY-2032, 7.92%, 05/17/32 ABCLN 2024-A 02007GZ89 - - 443,526 $450,807 $450,807 0.04 $449,441
Tricolor Auto Securitization Trust 2024-1 A 6.61% 15-OCT-2027, 6.61%, 10/15/27 TAST 2024-1A 89616LAA0 - - 441,828 $443,855 $443,855 0.04 $442,719
RAM 2024-1 B 7.785% 15-FEB-2039, 7.79%, 02/15/39 RAM 2024-1 751313AB3 - - 432,856 $435,657 $435,657 0.04 $434,347
Gls Auto Select Receivables Trust 2023-1 7.93% 15-JUL-2030, 7.93%, 07/15/30 GSAR 2023-1A 36267FAL2 - - 400,000 $429,552 $429,552 0.04 $428,318
Extended Stay America Trust 2021-ESH E 7.328% 15-JUL-2038, 7.33%, 07/15/38 ESA 2021-ESH 30227FAL4 - - 425,448 $429,226 $429,226 0.04 $425,315
Post Road Equipment Finance 2024-1 D 6.77% 15-OCT-2031, 6.77%, 10/15/30 PREF 2024-1A 737473AE8 - - 400,000 $411,181 $411,181 0.04 $410,128
Hudson's Bay Simon JV Trust 2015-HBS C7 5.330967% 05-AUG-2034, 5.33%, 08/05/34 HBCT 2015-HB7 44422PBE1 - - 410,000 $406,314 $406,314 0.04 $404,614
Chase Mortgage Reference Notes, Series 2020-CL1 M3 7.81448% 25-OCT-2057, 7.79%, 10/25/57 CHASE 2020-CL1 46591HAJ9 - - 383,289 $396,415 $396,415 0.03 $396,083
BAMLL Re-REMIC Trust 2024-FRR4 E 1.277647% 27-NOV-2048, 1.30%, 11/27/48 BAMLL 05493VAJ3 - - 400,000 $388,975 $388,975 0.03 $388,140
BAMLL Re-REMIC Trust 2024-FRR4 F 1.198909% 27-JAN-2026, 1.22%, 11/27/48 BAMLL 05493VAL8 - - 400,119 $387,468 $387,468 0.03 $386,684
Amur Equipment Finance Receivables XIII, Series 2024-1 E 9.66% 20-APR-2032, 9.66%, 04/20/32 AXIS 2024-1A E 03237CAF9 - - 375,000 $386,731 $386,731 0.03 $385,826
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2024-DNA1 M2 6.29839% 25-FEB-2044, 6.30%, 02/25/44 STACR 2024-DNA1 35564NBA0 - - 382,632 $386,649 $386,649 0.03 $386,382
Oak Street Investment Grade Net Lease Fund Series 2020-1 A2_2020_1 2.21% 20-NOV-2050, 2.21%, 11/20/50 OAKIG 2020-1A 67181DAB7 - - 436,417 $386,291 $386,291 0.03 $386,050
Worldwide Plaza Trust 2017-WWP A 3.5263% 10-NOV-2036, 3.53%, 11/10/36 WPT 98162JAA4 - - 528,000 $368,469 $368,469 0.03 $367,021
PRPM 2025-RCF3 LLC 5.25% 55, 5.25%, 07/25/55 PRPM 2025-RCF3 69392PAB1 - - 369,875 $367,263 $367,263 0.03 $365,753
Luxury Lease Partners Auto Lease Trust 2024-4 A 7.292% 15-JAN-2030, 7.29%, 07/15/30 LLP 2024-4 55068XAA8 - - 356,889 $359,159 $359,159 0.03 $358,147
Ally Bank Auto Credit-Linked Notes, Series 2024-A G 12.748% 15-MAY-2032, 12.75%, 05/17/32 ABCLN 2024-A 02007G2A0 - - 339,000 $343,905 $343,905 0.03 $342,224
RCKT Mortgage Trust 2023-CES1 A1A 6.515% 25-JUN-2043, 6.51%, 06/25/43 RCKT 74935WAA2 - - 310,654 $343,564 $343,564 0.03 $312,199
Connecticut Avenue Securities Trust 2024-R02 1M2 6.14839% 25-FEB-2044, 6.15%, 02/25/44 CAS 2024-R02 20754GAE0 - - 331,138 $334,026 $334,026 0.03 $333,800
Surgery Center Holdings, Inc. 7.25% 15-APR-2032, 7.25%, 04/15/32 SURCEN 86881WAF9 - - 310,000 $330,097 $330,097 0.03 $321,731
LHOME Mortgage Trust 2024-RTL2 A1 7.128% 25-MAR-2029, 7.13%, 03/25/29 LHOME 50205JAA4 - - 321,901 $324,949 $324,949 0.03 $324,694
Dext ABS 2023-2 D 8.3% 15-MAY-2034, 8.30%, 05/15/34 DEXT 2023-2 25216CAE0 - - 300,000 $321,132 $321,132 0.03 $320,163
NetCredit Combined Receivables 2024 A 7.43% 20-OCT-2030, 7.43%, 10/21/30 ENVA 2024-A 64113EAA7 - - 311,998 $313,577 $313,577 0.03 $312,997
BX Commercial Mortgage Trust 2024-MF C 6.304% 15-FEB-2039, 6.30%, 02/15/39 BX 2024-MF 05612EAE8 - - 309,909 $310,957 $310,957 0.03 $310,197
Santander Bank Auto Credit-Linked Notes, Series 2023-B D 6.663% 15-DEC-2033, 6.66%, 12/15/33 SBCLN 2023-B 80290CCD4 - - 299,695 $304,204 $304,204 0.03 $303,428
Luxury Lease Partners Auto Lease Trust 2024-4 B 10.491% 15-JAN-2030, 10.49%, 07/15/30 LLP 2024-4 55068XAB6 - - 300,000 $302,414 $302,414 0.03 $301,190
Golden Pear Securitization, Series 2024-1 A 6.95% 15-FEB-2036, 6.95%, 02/15/36 PEAR 2024-1 704933AA8 - - 297,420 $300,823 $300,823 0.03 $300,019
PRPM 2025-RCF3 LLC 5.25% 55, 5.25%, 07/25/55 PRPM 2025-RCF3 69392PAC9 - - 300,000 $296,379 $296,379 0.03 $295,154
CSMC 2021-BHAR E 7.978% 15-NOV-2038, 7.98%, 11/15/38 CSMC 2021-BHAR 12659VAN0 - - 300,000 $294,803 $294,803 0.03 $293,872
Chase Mortgage Reference Notes, Series 2021-CL1 M3 5.90001% 25-FEB-2050, 5.90%, 02/25/50 CHASE 2021-CL1 46591HBZ2 - - 299,093 $291,436 $291,436 0.03 $291,240
Churchill Downs Incorporated CHDN US 171484108 - - 2,695 $277,208 $277,208 0.02 $277,208
CP EF Asset Securitization II (Channel Partners Equipment Finance) 2023-1 B 7.77% 15-MAR-2032, 7.77%, 03/15/32 CPEF 2023-1A 224092AB2 - - 250,000 $255,541 $255,541 0.02 $254,786
Affirm Asset Securitization Trust 2023-B D 8.78% 15-SEP-2028, 8.78%, 09/15/28 AFFRM 2023-B 00792FAJ7 - - 250,000 $251,207 $251,207 0.02 $250,353
Affirm Asset Securitization Trust 2023-B C 7.81% 15-SEP-2028, 7.81%, 09/15/28 AFFRM 2023-B 00792FAH1 - - 250,000 $251,012 $251,012 0.02 $250,253
Santander US Capital Markets LLC 18-JAN-2033, 6.80%, 01/18/33 SBCLN 2024-B 80280BAE8 - - 250,000 $250,705 $250,705 0.02 $250,044
CP EF Asset Securitization II (Channel Partners Equipment Finance) 2023-1 C 7.56% 15-MAR-2032, 7.56%, 03/15/32 CPEF 2023-1A 224092AC0 - - 250,000 $248,716 $248,716 0.02 $247,981
Pawnee Equipment Receivables, Series 2022-1 D 7.23% 15-SEP-2029, 7.23%, 07/17/28 PWNE 2022-1 70410DAF5 - - 250,000 $248,355 $248,355 0.02 $247,652
Readycap Lending Small Business Loan Trust 2023-3 A 7.57% 25-APR-2048, 7.57%, 04/25/48 RCLT 75576AAA1 - - 241,506 $244,373 $244,373 0.02 $244,170
RCKT Mortgage Trust 2025-CES6 A1A 5.472% 25-JUN-2055, 5.47%, 06/25/55 RCKT 2025-CES6 748949AA2 - - 230,790 $233,912 $233,912 0.02 $232,930
BXHPP Trust 2021-FILM B 5.378% 15-AUG-2036, 5.38%, 08/15/36 BXHPP 2021-FILM 05609JAJ1 - - 250,000 $233,673 $233,673 0.02 $233,150
FIGRE Trust 2024-HE4 B 5.252% 25-SEP-2054, 5.25%, 09/25/54 FIGRE 2024-HE4 31684UAB7 - - 222,743 $222,518 $222,518 0.02 $222,388
Cyrusone Data Centers Issuer I, Series 2023-1 B_2301 5.45% 20-APR-2048, 5.45%, 04/20/48 CYRUS 2023-1A 23284BAC8 - - 218,055 $217,218 $217,218 0.02 $216,921
Auxilior Term Funding 2023-1 E 10.97% 15-DEC-2032, 10.97%, 12/15/32 XCAP 2023-1A 05335JAF0 - - 200,000 $205,055 $205,055 0.02 $204,202
Blue Bridge Funding 2023-1 B 9.48% 15-NOV-2030, 9.48%, 11/15/30 BBEF 2023-1A 09531MAB6 - - 200,000 $204,575 $204,575 0.02 $203,838
BHG Securitization Trust 2024-1CON (Bankers Healthcare Group) A 5.81% 17-APR-2035, 5.81%, 04/17/35 BHG 2024-1A 08862HAA0 - - 179,114 $184,150 $184,150 0.02 $183,803
Reach ABS Trust 2024-2 A 5.88% 15-JUL-2031, 5.88%, 07/15/31 REACH 2024-2A 75525HAA8 - - 174,717 $176,084 $176,084 0.02 $175,685
Commonbond Student Loan Trust 2017-A-GS B 3.47% 25-MAY-2041, 3.47%, 05/25/41 CBSLT 2017-AGS 20267VAC1 - - 172,925 $158,600 $158,600 0.01 $158,533
Commonbond Student Loan Trust 2021-A-GS B 1.4% 25-MAR-2052, 1.40%, 03/25/52 CBSLT 2021-AGS 20268WAB0 - - 198,766 $154,035 $154,035 0.01 $154,004
Cyrusone Data Centers Issuer I, Series 2023-2 A2_2302 5.56% 20-NOV-2048, 5.56%, 11/20/48 CYRUS 2023-2A 23284BAE4 - - 150,000 $152,048 $152,048 0.01 $151,839
Westgate Resorts 2023-1 D 10.14% 20-DEC-2037, 10.14%, 12/20/37 WESTR 2023-1A 96033EAD0 - - 135,556 $139,533 $139,533 0.01 $138,464
Hudson's Bay Simon JV Trust 2015-HBS B7 4.6662% 05-AUG-2034, 4.67%, 08/05/34 HBCT 2015-HB7 44422PBC5 - - 140,000 $139,413 $139,413 0.01 $138,905
Affirm Asset Securitization Trust 2023-X1 C 8.25% 15-NOV-2028, 8.25%, 11/15/28 AFFRM 2023-X1 00834KAC1 - - 137,959 $138,566 $138,566 0.01 $138,123
CP EF Asset Securitization II (Channel Partners Equipment Finance) 2023-1 A 7.48% 15-MAR-2032, 7.48%, 03/15/32 CPEF 2023-1A 224092AA4 - - 134,804 $136,603 $136,603 0.01 $136,211
Santander Consumer Auto Receivables Trust 2021-C C 2.97% 15-OCT-2028, 2.97%, 06/15/28 SCART 2021-CA 80281HAC8 - - 120,376 $120,153 $120,153 0.01 $120,014
Ginnie Mae REMIC Trust 2005-065 FA 4.61513% 20-AUG-2035, 4.60%, 08/20/35 GNR 2005-65 38374LL25 - - 104,902 $103,449 $103,449 0.01 $103,329
Commonbond Student Loan Trust 2016-B B 4.0% 25-OCT-2040, 4.00%, 10/25/40 CBSLT 2016-B 20267UAC3 - - 106,143 $101,800 $101,800 0.01 $101,753
Commonbond Student Loan Trust 2016-A B 4.0% 25-MAY-2040, 4.00%, 05/25/40 CBSLT 2016-A 20267TAC6 - - 103,500 $100,865 $100,865 0.01 $100,819
Commonbond Student Loan Trust 2018-C-GS B 4.25% 25-FEB-2046, 4.25%, 02/25/46 CBSLT 2018-CGS 20267XAC7 - - 98,238 $96,193 $96,193 0.01 $96,146
U.S. Bank Auto Credit Linked Notes, Series 2023-1 C 9.785% 25-AUG-2032, 9.79%, 08/25/32 USCLN 2023-1 90357PAW4 - - 76,091 $77,590 $77,590 0.01 $77,508
Commonbond Student Loan Trust 2018-B-GS C 4.12% 25-SEP-2045, 4.12%, 09/25/45 CBSLT 2018-BGS 20268MAD8 - - 84,418 $76,621 $76,621 0.01 $76,582
Westgate Resorts 2022-1 D 3.838% 20-AUG-2036, 3.84%, 08/20/36 WESTR 2022-1A 96034JAD8 - - 74,028 $73,924 $73,924 0.01 $73,704
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA5 M2 5.99839% 25-JAN-2034, 6.00%, 01/25/34 STACR 2021-DNA5 35564KHE2 - - 59,514 $59,801 $59,801 0.01 $59,761
FREED ABS Trust 2022-1FP D 3.35% 18-NOV-2028, 3.35%, 03/19/29 FREED 2022-1FP 35633KAD8 - - 45,538 $45,447 $45,447 0.00 $45,401
Hudson's Bay Simon JV Trust 2015-HBS A7 3.9141% 05-AUG-2034, 3.91%, 08/05/34 HBCT 2015-HB7 44422PAU6 - - 43,123 $43,002 $43,002 0.00 $42,871
Santander Bank Auto Credit-Linked Notes, Series 2023-A E 10.068% 15-JUN-2033, 10.07%, 06/15/33 SBCLN 2023-A 80290CBX1 - - 41,676 $42,066 $42,066 0.00 $41,903
ACHV ABS Trust 2024-1PL C 6.42% 25-APR-2031, 6.42%, 04/25/31 ACHV 2024-1PL 00092BAC8 - - 33,113 $33,460 $33,460 0.00 $33,436
SREIT Trust 2021-FLWR F 7.128549% 22-JUL-2036, 7.13%, 07/15/36 SREIT 2021-FLWR 78485GAQ7 - - - $17,832 $17,832 0.00 $0
U.S. Auto Funding 2022-1 A 3.98% 15-APR-2025, 3.98%, 12/31/25 USAUT 2022-1A 90355FAA6 - - 5,625 $5,620 $5,620 0.00 $5,611
US 5YR NOTE (CBT) Dec25 DEC 25 FVZ5 FUTURES_USD - 882.00 $96,558,329 $0 0.00 $0
US 2YR NOTE (CBT) Dec25 DEC 25 TUZ5 FUTURES_USD - 455.00 $94,871,054 $0 0.00 $0
US 5YR FUTR OPTN Oct25Put 106.25 FVV5P FVZ5 COMDTY $106.25 -456.00 $49,921,313 $0 0.00 $0
US 10yr Ultra Fut Dec25 DEC 25 UXYZ5 FUTURES_USD - -297.00 $-34,029,703 $0 0.00 $0
US ULTRA BOND CBT Dec25 DEC 25 WNZ5 FUTURES_USD - -108.00 $-12,683,250 $0 0.00 $0
US 10YR NOTE (CBT)Dec25 DEC 25 TYZ5 FUTURES_USD - -132.00 $-14,862,375 $0 0.00 $0
ESU5 19Sep25 Call (AMERICAN PHYSICAL) 6900 ESU5C ESU5 INDEX $6,900.00 -26.00 $-8,472,750 $-715 0.00 $-715
ESU5 19Sep25 Put (AMERICAN PHYSICAL) 6010 ESU5P ESU5 INDEX $6,010.00 -26.00 $8,472,750 $-8,255 0.00 $-8,255
US 5YR FUTR OPTN Oct25Call 111.75 FVV5C FVZ5 COMDTY $111.75 -456.00 $-49,921,313 $-14,250 0.00 $-14,250
US 10YR FUT OPTN Oct25Put 109.5 TYV5P TYZ5 COMDTY $109.50 -605.00 $68,119,219 $-18,906 0.00 $-18,906
US 10YR FUT OPTN Oct25C 115 115 TYV5C TYZ5 COMDTY $115.00 -605.00 $-68,119,219 $-56,719 -0.01 $-56,719
GOLD FUT OPT(CMX) Oct25P 3000 3000 GCV5P GCV5 COMDTY $3,000.00 -128.00 $43,779,840 $-689,778 -0.06 $-689,778
GOLD FUT OPT(CMX) Oct25C 3700 3700 GCV5C GCV5 COMDTY $3,700.00 -128.00 $-43,779,840 $-5,056,889 -0.45 $-5,056,889
UMBS TBA 30yr 2.5% September Delivery, 2.50%, 09/15/25 FNCL 01F022691 - - -44,565,000 $-37,077,813 $-37,077,813 -3.27 $-37,077,813
SEGREGATED CASH SEGCASH - $0.00 3,180,000 $3,180,000 $3,180,000 0.28 $3,180,000
US DOLLARS USD MD_142224 - - -191,971,178 $-191,971,178 $-191,971,178 -16.93 $-191,971,178
Janus Henderson AAA CLO ETF 01/23/26 JAAA US 47103U845 $50.72 920,527 $46,753,566 $67,383 0.01 $67,383
Janus Henderson AAA CLO ETF 01/23/26 - 47103U845 $50.74 133,100 $6,760,149 $6,655 0.00 $6,655
3 MONTH SOFR FUT Dec25 DEC 25 SFRZ5 FUTURES_USD - 125.00 $120,268,750 $0 0.00 $0
3 MONTH SOFR FUT Sep26 SEP 26 SFRU6 FUTURES_USD - 125.00 $30,289,062 $0 0.00 $0
3 MONTH SOFR FUT Jun26 JUN 26 SFRM6 FUTURES_USD - 125.00 $30,232,812 $0 0.00 $0
3 MONTH SOFR FUT Mar26 MAR 26 SFRH6 FUTURES_USD - 125.00 $30,146,875 $0 0.00 $0
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.

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