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

Securitized Income ETF Holdings

Full Portfolio Holdings

(As of September 4, 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 $66,151,939 $66,151,939 5.63 $66,151,939
UMBS TBA 30yr 6.5% September Delivery, 6.50%, 09/15/25 FNCL 01F062697 - - 60,613,000 $62,853,256 $62,853,256 5.35 $62,853,256
UMBS TBA 30yr 5% September Delivery, 5.00%, 09/15/25 FNCL 01F050692 - - 61,479,000 $60,873,616 $60,873,616 5.19 $60,873,616
UMBS TBA 30yr 6% September Delivery, 6.00%, 09/15/25 FNCL 01F060691 - - 57,605,000 $58,943,740 $58,943,740 5.02 $58,943,740
Janus Henderson B-BBB CLO ETF JBBB US 47103U753 - - 827,925 $40,165,458 $40,165,458 3.41 $39,939,102
UMBS TBA 30yr 3.5% September Delivery, 3.50%, 09/15/25 FNCL 01F032690 - - 30,930,000 $28,106,184 $28,106,184 2.39 $28,106,184
UMBS TBA 30yr 4.5% September Delivery, 4.50%, 09/15/25 FNCL 01F042699 - - 25,880,000 $25,022,647 $25,022,647 2.13 $25,022,647
UMBS TBA 30yr 3% September Delivery, 3.00%, 09/15/25 FNCL 01F030694 - - 25,640,000 $22,349,003 $22,349,003 1.90 $22,349,003
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 $16,858,632 $16,858,632 1.43 $16,827,813
Fannie Mae REMIC Trust 2025-12 FC 5.45001% 25-MAR-2055, 5.45%, 03/25/55 FNR 2025-12 3136BVFC7 - - 12,903,924 $12,928,769 $12,928,769 1.10 $12,909,240
PRPM 2025-5 0%30, 5.73%, 07/25/30 PRPM 2025-5 69392RAA9 - - 11,989,821 $12,044,247 $12,044,247 1.02 $11,979,374
Freddie Mac Multiclass Certificates, Series 5544 FC 5.34839% 25-JUN-2055, 5.35%, 06/25/55 FHR 5544 3137HLNP3 - - 11,825,124 $11,868,987 $11,868,987 1.01 $11,851,419
Tricolor Auto Securitization Trust 2025-1 C 5.72% 15-OCT-2029, 5.72%, 10/15/29 TAST 2025-1A 89617CAC5 - - 11,502,000 $11,595,790 $11,595,790 0.99 $11,559,240
FIGRE Trust 2025-HE3 A 5.56% 25-MAY-2055, 5.56%, 05/25/55 FIGRE 2025-HE3 31684LAA9 - - 11,269,061 $11,409,071 $11,409,071 0.97 $11,349,895
Libra Solutions 2025-1 A 6.355% 15-AUG-2039, 6.36%, 08/15/39 OASIS 2025-1A 53161AAA9 - - 10,200,000 $10,285,362 $10,285,362 0.87 $10,234,945
Vista Point Securitization Trust 2025-CES2 A1 5.601% 25-AUG-2055, 5.60%, 08/25/55 VSTA 2025-CES2 92842UAA0 - - 9,419,128 $9,520,418 $9,520,418 0.81 $9,470,592
METRONET INFRASTRUCTURE ISSU 5.4% 55, 5.40%, 08/20/55 MNET 2025-2A 59170JAX6 - - 8,200,000 $8,352,092 $8,352,092 0.71 $8,326,262
Connecticut Avenue Securities Trust 2025-R01 1M1 5.44839% 25-JAN-2045, 5.45%, 01/25/45 CAS 2025-R01 20755JAB9 - - 7,853,692 $7,868,890 $7,868,890 0.67 $7,855,812
Homeward Opportunities Fund Trust 2025-RRTL1 A1 5.476% 25-MAR-2040, 5.48%, 03/25/40 HOF 2025-RRTL1 437919AA1 - - 7,650,000 $7,686,452 $7,686,452 0.65 $7,674,815
Affirm Master Trust Series 2025-2 D 5.6% 15-JUL-2033, 5.60%, 07/15/33 AFRMT 2025-2A 00833BAK4 - - 7,500,000 $7,551,614 $7,551,614 0.64 $7,528,280
RCKT Mortgage Trust 2025-CES1 A1A 5.653% 25-JAN-2045, 5.65%, 01/25/45 RCKT 2025-CES1 A1 749427AA8 - - 7,058,058 $7,176,299 $7,176,299 0.61 $7,138,616
NYC Commercial Mortgage Trust 2025-1155 A 5.8329% 10-JUN-2042, 5.83%, 06/10/42 NYC 2025-1155 67122BAA5 - - 7,007,000 $6,789,359 $6,789,359 0.58 $6,750,759
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA6 B2 11.84839% 25-OCT-2041, 11.85%, 10/25/41 STACR 2021-DNA6 35564KLV9 - - 6,250,000 $6,707,319 $6,707,319 0.57 $6,578,704
BX Trust 2025-VLT7 E 8.1131% 15-JUL-2044, 8.11%, 07/15/44 BX 2025-VLT7 123913AJ4 - - 6,640,000 $6,682,650 $6,682,650 0.57 $6,651,225
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 $6,547,526 $6,547,526 0.56 $6,527,163
Chase Mortgage Reference Notes, Series 2020-CL1 M1 6.68703% 25-OCT-2057, 6.69%, 10/25/57 CHASE 2020-CL1 46591HAG5 - - 6,357,234 $6,534,880 $6,534,880 0.56 $6,521,890
Westlake Automobile Receivables Trust 2025-2 D 5.08% 15-MAY-2031, 5.08%, 05/15/31 WLAKE 2025-2A 96041KAG9 - - 6,450,000 $6,522,202 $6,522,202 0.55 $6,503,999
BX Trust 2024-CNYN D 7.05319% 15-APR-2041, 7.05%, 04/15/41 BX 2024- CNYN 05612HAG6 - - 6,289,538 $6,328,234 $6,328,234 0.54 $6,302,357
Connecticut Avenue Securities, Series 2021-R03 1M2 5.99839% 25-DEC-2041, 6.00%, 12/25/41 CAS 2021-R03 20754AAB9 - - 6,219,572 $6,269,814 $6,269,814 0.53 $6,258,414
QTS ISSUER ABS I 5.439%55, 5.44%, 05/25/55 QTS 2025-1A 74690DAA9 - - 6,000,000 $6,114,223 $6,114,223 0.52 $6,105,158
PRET 2025-RPL1 Trust A1 4.0% 25-JUL-2069, 4.00%, 07/25/69 PRET 2025-RPL1 69392FAA5 - - 6,280,590 $6,110,611 $6,110,611 0.52 $6,086,885
BX Trust 2025-TAIL D 6.8131% 15-JUN-2035, 6.81%, 06/15/35 BX 2025-TAIL 123912AG2 - - 6,000,000 $5,987,824 $5,987,824 0.51 $5,963,978
FS Commercial Mortgage Trust 2023-4SZN D 9.382749% 10-NOV-2039, 9.38%, 11/10/39 FS 2023-4SZN 30334RAG9 - - 5,750,000 $5,987,598 $5,987,598 0.51 $5,936,645
KRE Commercial Mortgage Trust 2025-AIP4 A 5.6631% 15-MAR-2042, 5.66%, 03/15/42 KRE 2025-AIP4 50077KAA6 - - 5,902,000 $5,913,204 $5,913,204 0.50 $5,893,707
PRET 2025-RPL3 Trust A1 4.15% 25-APR-2065, 4.15%, 04/25/65 PRET 2025-RPL3 69382RAA1 - - 6,065,424 $5,910,219 $5,910,219 0.50 $5,886,446
New Residential Mortgage LLC 6.545% 25-MAR-2032, 6.54%, 03/25/32 NZES 2025-FHT 64832EAA7 - - 5,613,785 $5,688,273 $5,688,273 0.48 $5,678,067
FIGRE TRUST 2025-HE5 FLTG 2055 B, 5.49%, 08/25/55 FIGRE 2025-HE5 31684MAB5 - - 5,500,000 $5,555,335 $5,555,335 0.47 $5,526,843
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 $5,521,850 $5,521,850 0.47 $5,512,002
Marlette Funding Trust 2025-1 D 6.02% 15-JUL-2035, 6.02%, 07/16/35 MFT 2025-1A 570920AD0 - - 5,368,000 $5,440,376 $5,440,376 0.46 $5,422,423
RCKT Mortgage Trust 2025-CES4 A1A 5.811% 25-APR-2055, 5.81%, 05/25/55 RCKT 2025-CES4 74937YAA6 - - 5,294,033 $5,409,371 $5,409,371 0.46 $5,380,316
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 $5,329,167 $5,329,167 0.45 $5,319,258
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 $5,306,578 $5,306,578 0.45 $5,297,655
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 $5,202,023 $5,202,023 0.44 $5,193,303
Connecticut Avenue Securities Trust 2025-R04 25-MAY-2045, 5.85%, 05/25/45 CAS 2025-R04 20755TAC5 - - 5,168,240 $5,175,735 $5,175,735 0.44 $5,166,499
PRET 2025-NPL4 A1 6.3677% 25-MAY-2055, 6.37%, 04/25/55 PRET 2025-NPL4 74136UAA3 - - 5,129,474 $5,163,959 $5,163,959 0.44 $5,154,886
ABL 2024-RTL1 A2 7.457% 25-SEP-2029, 7.46%, 09/25/29 ABL 2024-RTL1 00092EAB4 - - 5,160,000 $5,163,929 $5,163,929 0.44 $5,153,240
BX Commercial Mortgage Trust 2021-VOLT E 6.478% 15-SEP-2036, 6.48%, 09/15/36 BX 2021-VOLT 05609VAN5 - - 5,166,760 $5,162,101 $5,162,101 0.44 $5,142,578
Connecticut Avenue Securities Trust 2022-R01 1B2 10.34839% 25-DEC-2041, 10.35%, 12/25/41 CAS 2022-R01 20754LAJ8 - - 4,900,000 $5,144,293 $5,144,293 0.44 $5,128,799
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 $5,132,809 $5,132,809 0.44 $5,114,991
COMPASS DATACENTERS 2025-1 B1, 5.76%, 05/25/50 CMPDC 2025-1A 20469CAC9 - - 5,000,000 $5,064,553 $5,064,553 0.43 $5,056,559
Atlas Warehouse Lending Company, L.P. 6.25% 15-JAN-2030, 6.25%, 01/15/30 ATWALD 049463AE2 - - 4,854,000 $5,022,627 $5,022,627 0.43 $4,980,492
Foundation Finance Trust 2025-2 C 5.09% 15-APR-2052, 5.09%, 04/15/52 FFIN 2025-2A 35042NAC9 - - 5,000,000 $5,016,804 $5,016,804 0.43 $5,002,665
JP MORGAN MORTGAGE TRUST 2 5.777% 55, 5.50%, 11/25/55 JPMMT 2025-5MPR 46593VAD9 - - 4,941,385 $4,994,318 $4,994,318 0.42 $4,968,651
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 $4,975,251 $4,975,251 0.42 $4,960,424
Fannie Mae REMIC Trust 2025-9 FA 5.55001% 25-MAR-2055, 5.55%, 03/25/55 FNR 2025-9 3136BVDC9 - - 4,950,116 $4,964,739 $4,964,739 0.42 $4,957,110
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 $4,921,054 $4,921,054 0.42 $4,913,324
PRPM 2025-RCF3, LLC, 5.77%, 08/25/28 PRPM 2025-6 69395KAA1 - - 4,788,000 $4,844,745 $4,844,745 0.41 $4,794,829
BX Commercial Mortgage Trust 2024-MF D 7.05292% 15-FEB-2039, 7.05%, 02/15/39 BX 2024-MF 05612EAG3 - - 4,737,182 $4,764,631 $4,764,631 0.41 $4,745,142
Lendbuzz Securitization Trust 2024-2 C 7.45% 15-MAY-2031, 7.45%, 05/15/31 LBZZ 2024-2A 525920AD6 - - 4,500,000 $4,740,820 $4,740,820 0.40 $4,722,195
BX Commercial Mortgage Trust 2024-BIO2 D 7.9698% 15-AUG-2041, 7.97%, 08/13/41 BX 2024-BIO2 05613GAG7 - - 4,702,000 $4,733,510 $4,733,510 0.40 $4,698,118
JERSEY MIKES FUNDING LLC 5.61% 55, 5.61%, 08/16/55 JMIKE 2025-1A 476681AE1 - - 4,600,000 $4,726,964 $4,726,964 0.40 $4,697,574
Chase Mortgage Reference Notes, Series 2020-CL1 M2 6.93703% 25-OCT-2057, 6.94%, 10/25/57 CHASE 2020-CL1 46591HAH3 - - 4,592,350 $4,720,120 $4,720,120 0.40 $4,710,386
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 $4,701,995 $4,701,995 0.40 $4,692,438
PRPM 2025 RCF4 LLC 4.5% 55, 4.50%, 08/25/55 PRPM 2025-RCF4 69382WAB8 - - 4,800,000 $4,683,172 $4,683,172 0.40 $4,644,772
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 $4,619,433 $4,619,433 0.39 $4,588,922
Compass Datacenters Issuer II, Series 2024-2 B1_2402 25-AUG-2049, 6.00%, 08/25/49 CMPDC 2024-2A 20469AAE9 - - 4,500,000 $4,602,572 $4,602,572 0.39 $4,595,073
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 $4,547,089 $4,547,089 0.39 $4,534,669
FIGRE TRUST 2025-FL1 5.467% 55, 5.47%, 07/25/55 FIGRE 2025-FL1 31684QAB6 - - 4,496,235 $4,537,283 $4,537,283 0.39 $4,514,067
RCKT Mortgage Trust 2025-CES5 A1A 5.687% 25-MAY-2055, 5.69%, 05/25/55 RCKT 2025-CES5 74942CAA7 - - 4,434,007 $4,519,456 $4,519,456 0.38 $4,495,641
Great Wolf Trust 2024-WOLF D 7.2531% 15-MAR-2039, 7.25%, 03/15/39 GWT 2024-WOLF 39152MAG0 - - 4,425,000 $4,463,880 $4,463,880 0.38 $4,445,158
Carvana Auto Receivables Trust 2021-N3 E 3.16% 10-JUN-2028, 3.16%, 06/12/28 CRVNA 2021-N3 14687GAF2 - - 4,517,908 $4,421,280 $4,421,280 0.38 $4,411,366
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 $4,412,317 $4,412,317 0.38 $4,403,957
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 $4,382,786 $4,382,786 0.37 $4,367,549
Sierra Timeshare 2025-2 Receivables Funding D 6.79% 20-APR-2044, 6.79%, 04/20/44 SRFC 2025-2A 82653HAD2 - - 4,329,837 $4,363,985 $4,363,985 0.37 $4,351,736
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 $4,363,379 $4,363,379 0.37 $4,336,653
JP Morgan Mortgage Trust 2024-CES1 A1B 6.019% 25-JUN-2054, 6.02%, 06/25/54 JPMMT 2024-CES1 46658CAB7 - - 4,304,602 $4,357,020 $4,357,020 0.37 $4,332,550
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 $4,337,456 $4,337,456 0.37 $4,276,982
TOWD POINT MORTGAGE TRUS 5.98666% 65, 6.00%, 07/25/65 TPMT 2025-HE1 89183LAD7 - - 4,300,000 $4,309,266 $4,309,266 0.37 $4,301,493
IRV Trust 2025-200P C 5.921382% 14-MAR-2047, 5.92%, 03/14/47 IRV 2025-200P 45006HAE1 - - 4,200,000 $4,192,791 $4,192,791 0.36 $4,169,303
BX Commercial Mortgage Trust 2021-SOAR D 5.878% 15-JUN-2038, 5.88%, 06/15/38 BX 2021-SOAR 05608WAL8 - - 4,164,505 $4,173,413 $4,173,413 0.35 $4,159,133
Drive Auto Receivables Trust 2025-1 D 5.41% 15-SEP-2032, 5.41%, 09/15/32 DRIVE 2025-1 262102AF3 - - 4,077,000 $4,165,755 $4,165,755 0.35 $4,153,501
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 $4,146,092 $4,146,092 0.35 $4,138,012
BX Trust 2024-BRBK A 7.24274% 15-OCT-2041, 7.24%, 10/15/41 BX 2024-BRBK 05613NAA5 - - 3,991,885 $4,036,946 $4,036,946 0.34 $4,020,088
BX Trust 2025-LUNR D 6.8631% 15-JUN-2040, 6.86%, 06/15/40 BX 2025-LUNR 05594CAK0 - - 4,000,000 $4,026,344 $4,026,344 0.34 $4,010,331
COOPR Residential Mortgage Trust 2025-CES1 A1A 5.654% 25-MAY-2060, 5.65%, 05/25/60 COOPR 2025-CES1 12596SAA1 - - 3,953,087 $4,018,884 $4,018,884 0.34 $3,997,775
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 $3,932,396 $3,932,396 0.33 $3,919,500
ALA Trust 2025-OANA A 6.10663% 15-JUN-2040, 6.11%, 06/15/40 ALA 2025-OANA 009920AA7 - - 3,883,651 $3,916,286 $3,916,286 0.33 $3,902,452
Connecticut Avenue Securities Trust 2025-R04 25-MAY-2045, 5.55%, 05/25/45 CAS 2025-R04 20755TAB7 - - 3,886,786 $3,899,042 $3,899,042 0.33 $3,892,453
BX Commercial Mortgage Trust 2024-XL5 D 7.0529% 15-MAR-2041, 7.05%, 03/15/41 BX 2024-XL5 05612GAG8 - - 3,866,839 $3,877,574 $3,877,574 0.33 $3,861,665
LHOME Mortgage Trust 2024-RTL5 A2 5.751% 25-SEP-2039, 5.75%, 09/25/39 LHOME 2024-RTL5 50205WAB3 - - 3,766,000 $3,784,386 $3,784,386 0.32 $3,778,369
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 $3,770,752 $3,770,752 0.32 $3,744,391
BMP Commercial Mortgage Trust 2024-MF23 D 6.75359% 15-JUN-2041, 6.75%, 06/15/41 BMP 2024-MF23 05593JAG5 - - 3,750,000 $3,764,375 $3,764,375 0.32 $3,749,602
FREMF 2023-K511 Mortgage Trust C 5.822407% 25-NOV-2028, 5.82%, 11/25/28 FREMF 2023-K511 30334FAG5 - - 4,000,000 $3,758,537 $3,758,537 0.32 $3,736,541
Vontive Mortgage Trust 2025-RTL1 A1 6.507% 25-MAR-2030, 6.51%, 03/25/30 VNTV 2025-RTL1 928884AA3 - - 3,672,000 $3,741,773 $3,741,773 0.32 $3,735,136
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 $3,641,487 $3,641,487 0.31 $3,634,686
Hilton Grand Vacations Trust 2025-1 C 5.52% 25-AUG-2040, 5.52%, 05/27/42 HGVT 2025-1A 43283CAC5 - - 3,585,670 $3,629,053 $3,629,053 0.31 $3,623,555
Chase Auto Owner Trust 2025-1 D 5.24% 25-NOV-2032, 5.24%, 11/26/32 CHAOT 2025-1A 16145NAG6 - - 3,600,000 $3,625,928 $3,625,928 0.31 $3,620,688
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 $3,598,831 $3,598,831 0.31 $3,583,550
Reach ABS Trust 2025-2 C 5.69% 15-AUG-2032, 5.69%, 08/18/32 REACH 2025-2A 75525QAC4 - - 3,533,000 $3,587,331 $3,587,331 0.30 $3,576,163
RCKT Mortgage Trust 2024-CES9 A1B 5.683% 25-DEC-2044, 5.68%, 12/25/44 RCKT 2024-CES9 749426AB8 - - 3,527,034 $3,570,554 $3,570,554 0.30 $3,551,623
Saluda Grade Alternative Mortgage Trust 2023-FIG3 A 7.067% 25-AUG-2053, 7.07%, 08/25/53 GRADE 79582AAA5 - - 3,360,627 $3,495,932 $3,495,932 0.30 $3,473,502
CSMC 2021-BHAR C 6.478% 15-NOV-2038, 6.48%, 11/15/38 CSMC 2021-BHAR 12659VAJ9 - - 3,446,000 $3,422,465 $3,422,465 0.29 $3,409,442
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 $3,416,803 $3,416,803 0.29 $3,405,195
Homeward Opportunities Fund Trust 2024-RTL1 A2 8.57% 25-JUL-2029, 8.57%, 07/25/29 HOF 43789FAB9 - - 3,391,000 $3,410,587 $3,410,587 0.29 $3,402,514
Tricolor Auto Securitization Trust 2025-1 D 6.84% 15-APR-2031, 6.84%, 04/15/31 TAST 2025-1A 89617CAD3 - - 3,240,000 $3,349,961 $3,349,961 0.28 $3,337,649
SCG Commercial Mortgage Trust 2025-DLFN E 7.3131% 15-MAR-2027, 7.31%, 03/15/35 SCG 2025 78398EAJ4 - - 3,350,000 $3,334,483 $3,334,483 0.28 $3,320,192
FinBe USA Trust 2025-1 B 6.6% 15-DEC-2030, 6.60%, 12/16/30 FINBE 2025-1A 317967AB3 - - 3,250,000 $3,316,297 $3,316,297 0.28 $3,304,380
BX Trust 2021-ARIA D 6.3734% 15-OCT-2036, 6.37%, 10/15/36 BX 2021-ARIA 05608RAJ4 - - 3,300,000 $3,314,323 $3,314,323 0.28 $3,302,056
Compass Datacenters Issuer II, Series 2024-2 B2_2402 25-AUG-2049, 6.00%, 08/25/49 CMPDC 2024-2A 20469AAF6 - - 3,250,000 $3,292,798 $3,292,798 0.28 $3,287,382
PRPM 2025-2 A1 6.469% 25-MAY-2030, 6.47%, 05/25/30 PRPM 2025-2 69382HAA3 - - 3,237,657 $3,266,005 $3,266,005 0.28 $3,246,224
Lendbuzz Securitization Trust 2025-2 D 6.18% 15-APR-2032, 6.18%, 04/15/32 LBZZ 2025-2A 52611JAE0 - - 3,168,000 $3,240,394 $3,240,394 0.28 $3,229,517
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 $3,190,092 $3,190,092 0.27 $3,182,686
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 $3,170,542 $3,170,542 0.27 $3,152,973
Galaxy XXVI CLO Ltd., 8.25%, 07/31/26 GLXYT 2025-1 362922AA4 - - 3,108,483 $3,148,608 $3,148,608 0.27 $3,125,101
VERTICAL BRIDGE LLC 2016-1 7.728% 55, 7.45%, 08/16/55 VBTOW 2025-1A 92535VAU6 - - 3,144,000 $3,145,102 $3,145,102 0.27 $3,140,550
LHOME Mortgage Trust 2024-RTL4 A2 6.092% 25-JUL-2039, 6.09%, 07/25/39 LHOME 2024-RTL4 50205PAB8 - - 3,130,000 $3,141,118 $3,141,118 0.27 $3,135,822
Libra Solutions 2025-1 B 8.055% 15-AUG-2039, 8.05%, 08/15/39 OASIS 2025-1A 53161AAB7 - - 3,100,000 $3,129,827 $3,129,827 0.27 $3,110,405
HILTON GRAND VACATIONS TRUS 5.12% 44, 5.12%, 05/25/44 HGVT 2025-2A 43285JAC8 - - 3,106,000 $3,124,505 $3,124,505 0.27 $3,115,228
BX Trust 2024-VLT4 E 7.252504% 15-JUN-2041, 7.25%, 07/15/29 BX 2024-VLT4 05612TAJ4 - - 3,130,000 $3,107,872 $3,107,872 0.26 $3,094,630
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 $3,106,935 $3,106,935 0.26 $3,093,458
BX Trust 2024-BIO C 7.0031% 15-FEB-2041, 7.00%, 02/15/41 BX 2024-BIO 05612AAJ5 - - 3,107,000 $3,103,983 $3,103,983 0.26 $3,091,291
BX Trust 2021-ARIA F 7.0715% 15-OCT-2036, 7.07%, 10/15/36 BX 2021-ARIA 05608RAN5 - - 3,088,000 $3,102,658 $3,102,658 0.26 $3,089,921
RCKT Mortgage Trust 2024-CES8 A1A 5.48955% 25-OCT-2044, 5.49%, 11/25/44 RCKT 2024-CES8 749421AA1 - - 3,049,923 $3,091,183 $3,091,183 0.26 $3,075,370
Homeward Opportunities Fund Trust 2024-RTL1 A1 7.12% 25-JUL-2029, 7.12%, 07/25/29 HOF 43789FAA1 - - 3,070,000 $3,089,425 $3,089,425 0.26 $3,083,354
VERTICAL BRIDGE LLC 2016-1 9.383% 55, 9.38%, 08/16/55 VBTOW 2025-1A 92535VAW2 - - 3,100,000 $3,085,359 $3,085,359 0.26 $3,079,703
RCKT Mortgage Trust 2025-CES2 A1B 5.603% 25-FEB-2055, 5.60%, 02/25/55 RCKT 2025-CES2 74942BAB7 - - 3,046,654 $3,085,291 $3,085,291 0.26 $3,069,169
LHOME Mortgage Trust 2024-RTL3 A1 6.9% 25-MAY-2029, 6.90%, 05/25/29 LHOME 2024-RTL3 50205GAA0 - - 3,040,000 $3,079,224 $3,079,224 0.26 $3,073,397
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 $3,043,107 $3,043,107 0.26 $3,038,340
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 $3,036,799 $3,036,799 0.26 $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 $3,012,731 $3,012,731 0.26 $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 $2,987,663 $2,987,663 0.25 $2,966,995
Lendbuzz Securitization Trust 2025-2 C 5.28% 15-APR-2031, 5.28%, 04/15/31 LBZZ 2025-2A 52611JAD2 - - 2,921,000 $2,968,834 $2,968,834 0.25 $2,960,266
SWCH Commercial Mortgage Trust 2025-DATA E 7.70332% 15-FEB-2042, 7.70%, 02/15/42 SWCH 2025-DATA 78489CAE9 - - 2,950,000 $2,952,202 $2,952,202 0.25 $2,938,946
Extended Stay America Trust 2021-ESH F 8.178% 15-JUL-2038, 8.18%, 07/15/38 ESA 2021-ESH 30227FAN0 - - 2,935,590 $2,947,452 $2,947,452 0.25 $2,933,449
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 $2,941,266 $2,941,266 0.25 $2,932,244
BXP Trust 2017-GM E 3.53896% 13-JUN-2039, 3.54%, 06/13/39 BXP 2017-GM 056083AN8 - - 3,080,000 $2,929,326 $2,929,326 0.25 $2,919,032
FIGRE Trust 2024-HE3 C 6.229% 25-JUL-2054, 6.23%, 07/25/54 FIGRE 2024-HE3 31684GAC6 - - 2,847,193 $2,890,992 $2,890,992 0.25 $2,886,065
SCG Commercial Mortgage Trust 2025-FLWR E 7.1% 15-AUG-2042, 7.10%, 08/15/42 SCG 2025-FLWR 78438AAJ4 - - 2,867,000 $2,879,974 $2,879,974 0.24 $2,870,361
Exeter Automobile Receivables Trust 2024-3 E 7.84% 15-OCT-2031, 7.84%, 10/15/31 EART 30165AAG0 - - 2,700,000 $2,871,766 $2,871,766 0.24 $2,860,006
BPR Trust 2024-PMDW D 5.85% 05-NOV-2041, 5.85%, 11/05/41 BPR 2024-PMDW 05592VAJ3 - - 2,870,000 $2,844,964 $2,844,964 0.24 $2,830,375
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 $2,814,596 $2,814,596 0.24 $2,806,370
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 $2,797,309 $2,797,309 0.24 $2,780,577
RCKT Mortgage Trust 2024-CES7 A1A 5.158% 25-OCT-2044, 5.16%, 10/25/44 RCKT 2024-CES7 749414AA6 - - 2,775,572 $2,792,623 $2,792,623 0.24 $2,779,102
A&D Mortgage Trust 2025-NQM2 A1 5.79% 25-JUN-2070, 5.79%, 06/25/70 ADMT 2025-NQM2 00250EAC0 - - 2,732,498 $2,774,699 $2,774,699 0.24 $2,759,757
Lendbuzz Securitization Trust 2024-2 B 6.52% 15-FEB-2030, 6.52%, 07/16/29 LBZZ 2024-2A 525920AC8 - - 2,650,000 $2,750,957 $2,750,957 0.23 $2,741,359
BX Trust 2025-ROIC E 7.30439% 15-FEB-2042, 7.30%, 03/15/30 BX 2025-ROIC 05593VAN3 - - 2,771,192 $2,729,209 $2,729,209 0.23 $2,717,401
FINANCE OF AMERICA STRUC 3.28125% 74, 3.50%, 04/25/74 FASST 2024-S3 31739WAB8 - - 2,806,510 $2,726,908 $2,726,908 0.23 $2,724,180
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 $2,711,251 $2,711,251 0.23 $2,708,526
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 $2,704,568 $2,704,568 0.23 $2,699,288
MHC Commercial Mortgage Trust 2021-MHC F 7.079442% 15-APR-2038, 7.08%, 04/15/38 MHC 2021-MHC 55316VAL8 - - 2,660,000 $2,673,459 $2,673,459 0.23 $2,662,475
Connecticut Avenue Securities Trust 2024-R06 1M2 5.94839% 25-SEP-2044, 5.95%, 09/25/44 CAS 2024-R06 20755RAC9 - - 2,647,442 $2,659,593 $2,659,593 0.23 $2,654,781
Lendbuzz Securitization Trust 2024-1 C 7.58% 15-SEP-2030, 7.58%, 09/15/30 LBZZ 2024-1A C 525935AD4 - - 2,500,000 $2,619,702 $2,619,702 0.22 $2,609,174
PRPM 2025-RCF3 LLC 5.25% 55, 5.25%, 07/25/55 PRPM 2025-RCF3 69392PAA3 - - 2,542,885 $2,565,979 $2,565,979 0.22 $2,553,371
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 $2,553,282 $2,553,282 0.22 $2,545,240
USB Auto Owner Trust 2025-1 D 5.4% 15-DEC-2032, 5.40%, 12/15/32 USCAR 2025-1A 90367VAG4 - - 2,500,000 $2,552,021 $2,552,021 0.22 $2,544,521
ExteNet Issuer, Series 2025-1 C_251 8.272% 25-JUL-2054, 8.27%, 07/25/54 EXTNT 2025-1A 30227XAS0 - - 2,500,000 $2,549,692 $2,549,692 0.22 $2,543,948
Coinstar Funding Series 2017-1 A2 5.216% 25-APR-2047, 5.22%, 04/25/47 COIN 2017-1A 19260MAA4 - - 2,752,500 $2,548,406 $2,548,406 0.22 $2,532,454
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 $2,542,677 $2,542,677 0.22 $2,527,486
Wingspire Equipment Finance 2024-1 D 6.31% 20-SEP-2032, 6.31%, 09/20/32 WEF 2024-1A 97415AAE2 - - 2,500,000 $2,540,815 $2,540,815 0.22 $2,534,242
Sandstone Peak III C 6.96846% 25-APR-2037, 6.97%, 04/25/37 SAND 2024-1A 799928AJ5 - - 2,500,000 $2,537,178 $2,537,178 0.22 $2,516,853
WB Commercial Mortgage Trust 2024-HQ C 7.13342% 16-MAR-2040, 7.13%, 03/15/40 WB 2024-HQ 92943PAE1 - - 2,500,000 $2,534,148 $2,534,148 0.22 $2,517,305
Zais CLO 11 BR 6.11549% 20-JAN-2032, 6.12%, 01/20/32 ZAIS 2018-11A 98887YAQ0 - - 2,500,000 $2,527,004 $2,527,004 0.21 $2,507,468
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 $2,524,109 $2,524,109 0.21 $2,515,809
Affirm Asset Securitization Trust 2024-X1 C 6.57% 15-MAY-2029, 6.57%, 05/15/29 AFFRM 2024-X1 00834XAC3 - - 2,500,000 $2,519,233 $2,519,233 0.21 $2,510,108
MTN Commercial Mortgage Trust 2022-LPFL B 6.2656% 15-MAR-2039, 6.27%, 03/15/39 MTN 2022-LPFL 62475WAC9 - - 2,500,000 $2,509,899 $2,509,899 0.21 $2,500,762
BX Commercial Mortgage Trust 2024-AIR2 D 7.15345% 15-OCT-2041, 7.15%, 10/15/41 BX 2024-AIR2 05613QAG5 - - 2,489,072 $2,501,206 $2,501,206 0.21 $2,490,818
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 $2,496,915 $2,496,915 0.21 $2,488,694
BX Commercial Mortgage Trust 2024-GPA3 C 6.25498% 15-DEC-2039, 6.26%, 12/15/39 BX 2024-GPA3 123910AE1 - - 2,473,953 $2,490,757 $2,490,757 0.21 $2,481,730
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 $2,467,198 $2,467,198 0.21 $2,463,998
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 $2,466,806 $2,466,806 0.21 $2,457,380
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 $2,442,414 $2,442,414 0.21 $2,435,026
Hudson's Bay Simon JV Trust 2015-HBS B10 4.9056% 05-AUG-2034, 4.91%, 08/05/34 HBCT 44422PBW1 - - 2,500,000 $2,436,809 $2,436,809 0.21 $2,425,227
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 $2,433,411 $2,433,411 0.21 $2,427,620
Citigroup Commercial Mortgage Trust 2021-PRM2 G 8.978% 15-JUN-2036, 8.98%, 10/15/38 CGCMT 2021-PRM2 17291HAS3 - - 2,400,000 $2,412,912 $2,412,912 0.21 $2,400,342
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 $2,390,572 $2,390,572 0.20 $2,385,995
Reach ABS Trust 2024-1 C 6.9% 15-FEB-2031, 6.90%, 02/18/31 REACH 2024-1A 75526PAC5 - - 2,295,000 $2,384,550 $2,384,550 0.20 $2,375,753
EFMT 2025-CES1 A1B 5.877% 25-JAN-2060, 5.88%, 01/25/60 EFMT 2025-CES1 26846VAB0 - - 2,316,883 $2,354,094 $2,354,094 0.20 $2,341,234
SREIT Commercial Mortgage Trust 2021-MFP2 F 7.0962% 15-NOV-2036, 7.10%, 11/15/36 SREIT 2021-MFP2 85236WCQ7 - - 2,334,000 $2,343,694 $2,343,694 0.20 $2,334,033
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 $2,343,126 $2,343,126 0.20 $2,338,764
LHOME Mortgage Trust 2024-RTL1 A1 7.017% 25-JAN-2029, 7.02%, 01/25/29 LHOME 2024-RTL1 50205DAA7 - - 2,311,000 $2,328,555 $2,328,555 0.20 $2,324,051
Connecticut Avenue Securities, Series 2021-R03 1B1 7.09839% 25-DEC-2041, 7.10%, 12/25/41 CAS 2021-R03 20754AAF0 - - 2,250,000 $2,293,227 $2,293,227 0.19 $2,288,347
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 $2,232,373 $2,232,373 0.19 $2,223,562
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 $2,232,339 $2,232,339 0.19 $2,225,813
PRPM 2025-RPL3 A1 3.25% 25-APR-2055, 3.25%, 04/25/55 PRPM 2025-RPL3 69392NAA8 - - 2,282,557 $2,226,581 $2,226,581 0.19 $2,219,575
BXP Trust 2017-GM D 3.53896% 13-JUN-2039, 3.54%, 06/13/39 BXP 056083AL2 - - 2,310,000 $2,224,585 $2,224,585 0.19 $2,216,864
COOPR Residential Mortgage Trust 2025-CES2 A1A 5.502% 25-JUN-2060, 5.50%, 06/25/60 COOPR 2025-CES2 12674UAA1 - - 2,172,021 $2,204,512 $2,204,512 0.19 $2,193,226
FINANCE OF AMER STR TR 2024-S2 A1, 3.50%, 04/25/74 FASST 2024-S2 31739VAA2 - - 2,213,350 $2,159,054 $2,159,054 0.18 $2,156,902
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 $2,154,794 $2,154,794 0.18 $2,146,123
BAMLL Re-REMIC Trust 2025-FRR5 E736 0.942563% 27-SEP-2052, 0.95%, 09/27/52 BAMLL 05494BAJ6 - - 2,405,067 $2,101,117 $2,101,117 0.18 $2,098,962
OPEN Trust 2023-AIR B 8.201097% 15-NOV-2040, 8.20%, 11/15/40 OPEN 2023-AIR 68373BAC5 - - 2,080,000 $2,089,898 $2,089,898 0.18 $2,079,947
TOWD POINT MORTGAGE TRUST 6.125% 65, 5.67%, 08/25/65 TPMT 2025-CES3 891949AC3 - - 2,060,000 $2,086,400 $2,086,400 0.18 $2,075,375
LIFE 2022-BMR2 Mortgage Trust C 6.45622% 15-MAY-2039, 6.46%, 05/15/39 LIFE 2022-BMR2 53218DAG3 - - 2,250,000 $2,064,958 $2,064,958 0.18 $2,056,484
Reach ABS Trust 2025-1 C 5.99% 15-AUG-2032, 5.99%, 08/16/32 REACH 2025-1A 75525PAC6 - - 2,000,000 $2,047,225 $2,047,225 0.17 $2,040,570
Post Road Equipment Finance 2025-1 E 7.08% 15-MAY-2032, 7.08%, 05/17/32 PREF 2025-1A 73747LAF5 - - 2,000,000 $2,044,954 $2,044,954 0.17 $2,037,087
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 $2,043,456 $2,043,456 0.17 $2,038,750
LIFE 2022-BMR2 Mortgage Trust D 6.90501% 15-MAY-2039, 6.91%, 05/15/39 LIFE 2022-BMR2 53218DAJ7 - - 2,215,000 $2,030,275 $2,030,275 0.17 $2,021,354
FIGRE TRUST 2025-HE4 FLTG 2055 C, 5.71%, 07/25/55 FIGRE 2025-HE4 31684PAC6 - - 2,012,862 $2,026,575 $2,026,575 0.17 $2,015,722
GWT Commercial Mortgage Trust 2024-WLF2 E 8.00153% 15-MAY-2041, 8.00%, 05/15/41 GWT 2024-WLF2 362414AJ3 - - 2,000,000 $2,020,466 $2,020,466 0.17 $2,011,131
CONE Trust 2024-DFW1 A 6.00483% 15-AUG-2041, 6.00%, 08/15/41 CONE 2024-DFW1 20682AAA8 - - 2,000,000 $2,004,679 $2,004,679 0.17 $1,997,674
Gracie Point International Funding, Series 2023-1 D 8.84828% 01-SEP-2026, 8.86%, 09/01/26 GPIF 2023-1A 383931AD4 - - 2,000,000 $2,002,417 $2,002,417 0.17 $2,000,941
BX Trust 2021-BXMF G 7.827513% 15-OCT-2038, 7.83%, 10/15/26 BX 2021-BXMF 05609RAS3 - - 2,040,266 $1,994,812 $1,994,812 0.17 $1,985,497
Libra Solutions 2024-1 A 5.88% 30-SEP-2038, 5.88%, 09/30/38 OASIS 2024-1A 53161XAA9 - - 2,000,000 $1,992,833 $1,992,833 0.17 $1,991,200
SMRT Commercial Mortgage Trust 2022-MINI F 7.7131% 15-JAN-2039, 7.71%, 01/15/39 SMRT 2022-MINI 78457JAQ5 - - 2,025,000 $1,973,496 $1,973,496 0.17 $1,964,384
ACHM Trust 2024-HE1 B 7.26% 25-MAY-2039, 7.26%, 05/25/39 ACHM 2024-HE1 00449TAB1 - - 1,899,616 $1,972,391 $1,972,391 0.17 $1,968,560
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 $1,965,052 $1,965,052 0.17 $1,960,200
BX Trust 2022-FOX2 D 6.47407% 15-APR-2039, 6.47%, 04/15/39 BX 2022-FOX2 05610AAG3 - - 1,942,500 $1,941,337 $1,941,337 0.17 $1,934,002
BX Commercial Mortgage Trust 2024-AIR2 C 6.60424% 15-OCT-2041, 6.61%, 10/15/41 BX 2024-AIR2 05613QAE0 - - 1,918,360 $1,929,802 $1,929,802 0.16 $1,922,410
Angel Oak Mortgage Trust 2025-6 A2 5.768% 25-APR-2070, 5.77%, 04/25/70 AOMT 2025-6 034937AB8 - - 1,884,207 $1,913,056 $1,913,056 0.16 $1,902,792
Saluda Grade Alternative Mortgage Trust 2024-FIG5 B 6.603% 25-APR-2054, 6.60%, 04/25/54 GRADE 2024-FIG5 79582MAB7 - - 1,872,118 $1,898,302 $1,898,302 0.16 $1,886,627
FIGRE Trust 2025-HE3 C 5.91% 25-MAY-2055, 5.91%, 05/25/55 FIGRE 2025-HE3 31684LAC5 - - 1,875,208 $1,895,273 $1,895,273 0.16 $1,884,806
FIGRE Trust 2025-HE3 B 5.71% 25-MAY-2055, 5.71%, 05/25/55 FIGRE 2025-HE3 31684LAB7 - - 1,875,208 $1,895,069 $1,895,069 0.16 $1,884,956
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 $1,888,943 $1,888,943 0.16 $1,883,153
COMM 2016-667M A 3.14% 10-OCT-2036, 3.14%, 10/10/36 COMM 12636GAA9 - - 2,120,000 $1,885,952 $1,885,952 0.16 $1,879,665
BX Trust 2024-BRBK B 8.2897% 15-OCT-2041, 8.29%, 10/15/41 BX 2024-BRBK 05613NAG2 - - 1,850,000 $1,863,556 $1,863,556 0.16 $1,854,613
Alterna Funding III B 7.136% 15-MAY-2039, 7.14%, 05/16/39 TAX 2024-1A 02157JAC9 - - 1,819,528 $1,828,227 $1,828,227 0.16 $1,821,013
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 $1,810,687 $1,810,687 0.15 $1,806,675
SBNA Auto Receivables Trust 2025-SF1 D 5.34% 15-MAY-2030, 5.34%, 09/15/31 SBAT 2025-SF1 78437XAD8 - - 1,750,000 $1,776,456 $1,776,456 0.15 $1,771,264
BXHPP Trust 2021-FILM C 5.578% 15-AUG-2036, 5.58%, 08/15/36 BXHPP 2021-FILM 05609JAL6 - - 1,950,000 $1,774,751 $1,774,751 0.15 $1,768,406
RCKT MORTGAGE TRUST 2025-CE 7.12% 34, 7.12%, 07/25/34 RCKTL 2025-1A 74939RAE1 - - 1,750,000 $1,770,613 $1,770,613 0.15 $1,767,152
RCKT MORTGAGE TRUST 2025-CE 5.42% 34, 5.42%, 07/25/34 RCKTL 2025-1A 74939RAD3 - - 1,750,000 $1,769,103 $1,769,103 0.15 $1,766,469
Chase Auto Owner Trust 2025-1 C 4.93% 25-DEC-2030, 4.93%, 12/26/30 CHAOT 2025-1A 16145NAF8 - - 1,750,000 $1,767,621 $1,767,621 0.15 $1,765,224
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 $1,756,611 $1,756,611 0.15 $1,744,915
Gracie Point International Funding, Series 2024-1 B 6.44828% 01-MAR-2028, 6.46%, 03/01/28 GPIF 2024-1A 38410KAB5 - - 1,724,000 $1,751,979 $1,751,979 0.15 $1,722,317
RCKT Mortgage Trust 2024-CES8 A1B 5.64082% 25-OCT-2044, 5.64%, 11/25/44 RCKT 2024-CES8 749421AB9 - - 1,697,230 $1,718,076 $1,718,076 0.15 $1,709,034
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 $1,696,152 $1,696,152 0.14 $1,690,423
Herbalife Ltd. 4.25% 15-JUN-2028, 4.25%, 06/15/28 HLF 42703MAF0 - - 1,702,000 $1,679,779 $1,679,779 0.14 $1,663,705
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 $1,671,037 $1,671,037 0.14 $1,659,014
FIGRE TRUST 2025-HE4 5.408% 55, 5.41%, 07/25/55 FIGRE 2025-HE4 31684PAA0 - - 1,654,653 $1,670,394 $1,670,394 0.14 $1,661,943
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 $1,667,519 $1,667,519 0.14 $1,665,195
CarMax Auto Owner Trust 2024-1 D 6.0% 15-JUL-2030, 6.00%, 07/15/30 CARMX 2024-1 14318WAH0 - - 1,620,000 $1,666,950 $1,666,950 0.14 $1,661,550
Business Jet Securities, Series 2024-1 B 6.924% 15-MAY-2039, 6.92%, 05/15/39 BJETS 2024-1A 12327CAB0 - - 1,581,290 $1,635,955 $1,635,955 0.14 $1,629,872
UMBS TBA 30yr 4% September Delivery, 4.00%, 09/15/25 FNCL 01F040693 - - 1,738,000 $1,631,290 $1,631,290 0.14 $1,631,290
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 $1,625,275 $1,625,275 0.14 $1,622,000
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 $1,614,117 $1,614,117 0.14 $1,608,781
RCKT MORTGAGE TR 2025-CES8 A1A, 5.15%, 08/25/55 RCKT 2025-CES8 74939WAA8 - - 1,576,000 $1,589,831 $1,589,831 0.14 $1,582,169
BX Commercial Mortgage Trust 2024-WPT D 7.0528% 15-APR-2041, 7.05%, 03/15/34 BX 2024-WPT 05612JAG2 - - 1,580,000 $1,589,210 $1,589,210 0.14 $1,582,710
Hotwire Funding, Series 2024-1 C_2024_1 9.188% 20-JUN-2054, 9.19%, 06/20/54 HWIRE 44148JAM1 - - 1,500,000 $1,589,002 $1,589,002 0.14 $1,583,259
FIGRE TRUST 2025 HE4 FLTG 2055 B, 5.61%, 07/25/55 FIGRE 2025-HE4 31684PAB8 - - 1,558,111 $1,571,599 $1,571,599 0.13 $1,563,347
CALI Mortgage Trust 2019-101C B 4.158% 10-MAR-2039, 4.16%, 03/10/39 CALI 129890AG4 - - 1,700,000 $1,561,340 $1,561,340 0.13 $1,554,664
ExteNet Issuer, Series 2024-1 C_241 9.05% 25-JUL-2054, 9.05%, 07/25/54 EXTNT 2024-1A 30227XAL5 - - 1,500,000 $1,550,677 $1,550,677 0.13 $1,546,906
Tricolor Auto Securitization Trust 2024-1 D 8.61% 15-APR-2028, 8.61%, 04/17/28 TAST 2024-1A 89616LAD4 - - 1,500,000 $1,543,245 $1,543,245 0.13 $1,536,070
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 $1,542,789 $1,542,789 0.13 $1,537,064
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 $1,530,787 $1,530,787 0.13 $1,525,251
USB Auto Owner Trust 2025-1 C 4.96% 15-MAR-2031, 4.96%, 03/17/31 USCAR 2025-1A 90367VAF6 - - 1,500,000 $1,530,565 $1,530,565 0.13 $1,526,431
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 $1,526,971 $1,526,971 0.13 $1,519,972
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 $1,518,483 $1,518,483 0.13 $1,511,129
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 $1,516,815 $1,516,815 0.13 $1,511,248
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 $1,516,063 $1,516,063 0.13 $1,512,161
DC Trust 2024-HLTN C 7.286102% 13-APR-2040, 7.29%, 04/13/40 DC 2024-HLTN 24022FAG5 - - 1,500,000 $1,513,433 $1,513,433 0.13 $1,503,111
JW Commercial Mortgage Trust 2024-MRCO C 6.75315% 15-JUN-2039, 6.75%, 06/15/39 JW 2024-MRCO 46657XAE6 - - 1,500,000 $1,508,099 $1,508,099 0.13 $1,502,190
RCKT Mortgage Trust 2025-CES7 A1B 5.478% 25-JUL-2055, 5.48%, 07/25/55 RCKT 2025-CES7 74943AAB8 - - 1,487,819 $1,508,028 $1,508,028 0.13 $1,500,330
BX Trust 2021-ARIA E 6.7225% 15-OCT-2036, 6.72%, 10/15/36 BX 2021-ARIA 05608RAL9 - - 1,500,000 $1,505,053 $1,505,053 0.13 $1,499,171
Rithm Capital Corp. 8.0% 01-APR-2029, 8.00%, 04/01/29 RITM 64828TAB8 - - 1,417,000 $1,501,976 $1,501,976 0.13 $1,453,484
Gracie Point International Funding 2025-1 LLC|0|08/15/2028, 0.00%, 08/15/28 GPIF 2025-1A 38411WAC6 - - 1,500,000 $1,500,000 $1,500,000 0.13 $1,500,000
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 $1,477,151 $1,477,151 0.13 $1,465,260
LIFE 2021-BMR Mortgage Trust F 6.828% 15-MAR-2038, 6.83%, 03/15/38 LIFE 2021-BMR 53218CAL4 - - 1,484,000 $1,475,889 $1,475,889 0.13 $1,469,978
QTS ISSUER ABS I 5.928%55, 5.93%, 05/25/55 QTS 2025-1A 74690DAB7 - - 1,442,000 $1,472,663 $1,472,663 0.13 $1,470,289
MVW 2025-1 C 5.75% 20-SEP-2042, 5.75%, 09/22/42 MVWOT 2025-1A 627924AC7 - - 1,419,068 $1,446,807 $1,446,807 0.12 $1,443,407
LHOME Mortgage Trust 2024-RTL3 A2 8.373% 25-MAY-2029, 8.37%, 05/25/29 LHOME 2024-RTL3 50205GAB8 - - 1,400,000 $1,428,004 $1,428,004 0.12 $1,424,748
Carvana Auto Receivables Trust 2025-P1 N 5.66%, 5.66%, 03/10/33 CRVNA 2025-P1 14689MAH3 - - 1,419,144 $1,424,828 $1,424,828 0.12 $1,419,250
BAMLL Re-REMIC Trust 2025-FRR5 EK86 0.0% 27-NOV-2051, 0.00%, 11/27/51 BAMLL 05494BBJ5 - - 1,892,604 $1,419,708 $1,419,708 0.12 $1,419,708
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 $1,412,523 $1,412,523 0.12 $1,408,403
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 $1,379,793 $1,379,793 0.12 $1,374,704
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 $1,376,752 $1,376,752 0.12 $1,375,256
RCKT MORTGAGE TRUST 2025 5.24863% 55, 5.25%, 08/25/55 RCKT 2025-CES8 74939WAB6 - - 1,347,000 $1,359,533 $1,359,533 0.12 $1,352,856
Foundation Finance Trust 2024-1 D 8.13% 15-DEC-2049, 8.13%, 12/15/49 FFIN 2024-1A 349941AD6 - - 1,273,553 $1,354,431 $1,354,431 0.12 $1,348,679
Garda World Security Corporation 6.0% 01-JUN-2029, 6.00%, 06/01/29 GWCN 36485MAL3 - - 1,333,000 $1,341,953 $1,341,953 0.11 $1,321,069
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 $1,325,272 $1,325,272 0.11 $1,319,456
BAMLL Re-REMIC Trust 2025-FRR5 EK73 0.009926% 27-FEB-2051, 0.01%, 02/27/51 BAMLL 05494BAW7 - - 1,784,783 $1,323,332 $1,323,332 0.11 $1,323,316
BX Trust 2021-MFM1 E 6.728% 15-JAN-2034, 6.73%, 01/15/34 BX 2021-MFM1 05608VAL0 - - 1,283,520 $1,289,606 $1,289,606 0.11 $1,284,569
RCKT Mortgage Trust 2024-CES6 A1B 5.546% 25-SEP-2044, 5.55%, 09/25/44 RCKT 2024-CES6 749410AB2 - - 1,272,780 $1,283,570 $1,283,570 0.11 $1,276,903
Great Wolf Trust 2024-WOLF C 6.7541% 15-MAR-2039, 6.75%, 03/15/39 GWT 2024-WOLF 39152MAE5 - - 1,260,000 $1,267,397 $1,267,397 0.11 $1,262,433
COMM 2024-WCL1 Mortgage Trust D 7.653% 17-JUN-2041, 7.65%, 06/15/41 COMM 2024-WCL1 20047DAG9 - - 1,250,000 $1,250,614 $1,250,614 0.11 $1,245,035
COMM 2024-WCL1 Mortgage Trust C 7.253% 17-JUN-2041, 7.25%, 06/15/41 COMM 2024-WCL1 20047DAE4 - - 1,250,000 $1,250,185 $1,250,185 0.11 $1,244,897
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 $1,247,885 $1,247,885 0.11 $1,243,592
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 $1,234,869 $1,234,869 0.10 $1,230,696
PRPM 2025-RPL4 A1, 3.00%, 05/25/55 PRPM 2025-RPL4 74448NAA2 - - 1,302,528 $1,227,238 $1,227,238 0.10 $1,223,547
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 $1,217,112 $1,217,112 0.10 $1,212,883
DROP Mortgage Trust 2021-FILE A 5.628% 15-OCT-2043, 5.63%, 10/15/43 DROP 2021-FILE 26210YAA4 - - 1,250,000 $1,213,478 $1,213,478 0.10 $1,209,375
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 $1,210,288 $1,210,288 0.10 $1,205,863
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 $1,197,134 $1,197,134 0.10 $1,191,467
LHOME Mortgage Trust 2024-RTL2 A2 8.897% 25-MAR-2029, 8.90%, 03/25/29 LHOME 2024-RTL2 50205JAB2 - - 1,175,000 $1,196,045 $1,196,045 0.10 $1,193,141
BX Trust 2024-CNYN C 6.30426% 15-APR-2041, 6.30%, 04/15/41 BX 2024- CNYN 05612HAE1 - - 1,179,288 $1,184,222 $1,184,222 0.10 $1,179,885
MTN Commercial Mortgage Trust 2022-LPFL D 7.3128% 15-MAR-2039, 7.31%, 03/15/39 MTN 2022-LPFL 62475WAG0 - - 1,175,000 $1,182,346 $1,182,346 0.10 $1,177,334
Connecticut Avenue Securities, Series 2021-R02 2B1 7.64839% 25-NOV-2041, 7.65%, 11/25/41 CAS 2021-R02 20754KAF8 - - 1,141,001 $1,167,906 $1,167,906 0.10 $1,165,240
Foundation Finance Trust 2023-2 D 9.1% 15-JUN-2049, 9.10%, 06/15/49 FFIN 2023-2A 35042RAD8 - - 1,033,732 $1,110,523 $1,110,523 0.09 $1,105,297
MKT 2020-525M Mortgage Trust F 3.03862% 12-FEB-2040, 3.04%, 02/12/40 MKT 55316PAN7 - - 1,541,000 $1,096,593 $1,096,593 0.09 $1,092,171
Connecticut Avenue Securities Trust 2024-R05 2M1 5.34839% 25-JUL-2044, 5.35%, 07/25/44 CAS 2024-R05 20754XAB9 - - 1,092,583 $1,093,839 $1,093,839 0.09 $1,092,054
FIGRE Trust 2024-HE1 C 6.749% 25-MAR-2054, 6.75%, 03/25/54 FIGRE 2024-HE1 31684HAC4 - - 1,057,414 $1,084,800 $1,084,800 0.09 $1,082,818
FIGRE Trust 2025-PF1 A 5.758% 25-JUN-2055, 5.76%, 06/25/55 FIGRE 2025-PF1 316922AA1 - - 1,052,354 $1,071,249 $1,071,249 0.09 $1,065,526
Reach ABS Trust 2024-2 D 8.83% 15-JUL-2031, 8.83%, 07/15/31 REACH 2024-2A 75525HAD2 - - 1,000,000 $1,065,834 $1,065,834 0.09 $1,060,928
Connecticut Avenue Securities Trust 2025-R01 1M2 5.84839% 25-JAN-2045, 5.85%, 01/25/45 CAS 2025-R01 20755JAC7 - - 1,054,000 $1,057,820 $1,057,820 0.09 $1,055,937
SBNA Auto Receivables Trust 2024-A E 8.0% 15-APR-2032, 8.00%, 04/15/32 SBAT 2024-A 78437PAH6 - - 1,000,000 $1,052,050 $1,052,050 0.09 $1,047,605
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 $1,050,617 $1,050,617 0.09 $1,046,494
RAM 2024-1 A 5.95% 15-FEB-2039, 6.67%, 02/15/39 RAM 2024-1 751313AA5 - - 1,039,383 $1,045,456 $1,045,456 0.09 $1,041,605
LIFE 2021-BMR Mortgage Trust E 6.228% 15-MAR-2038, 6.23%, 03/15/38 LIFE 2021-BMR 53218CAJ9 - - 1,050,000 $1,044,627 $1,044,627 0.09 $1,040,812
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 $1,044,403 $1,044,403 0.09 $1,042,378
OnDeck Asset Securitization IV, Series 2024-1 C 8.99% 17-JUN-2031, 8.99%, 06/17/31 ONDK 67118NAC1 - - 1,000,000 $1,038,420 $1,038,420 0.09 $1,033,925
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 $1,032,695 $1,032,695 0.09 $1,016,216
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 $1,030,455 $1,030,455 0.09 $1,024,691
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 $1,030,039 $1,030,039 0.09 $1,027,595
MHC Commercial Mortgage Trust 2021-MHC G 7.679442% 15-APR-2038, 7.68%, 04/15/38 MHC 2021-MHC 55316VAN4 - - 1,020,000 $1,025,934 $1,025,934 0.09 $1,021,365
OnDeck Asset Securitization IV, Series 2024-1 B 7.15% 17-JUN-2031, 7.15%, 06/17/31 ONDK 67118NAB3 - - 1,000,000 $1,019,555 $1,019,555 0.09 $1,015,980
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 $1,015,772 $1,015,772 0.09 $1,008,300
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 $1,011,610 $1,011,610 0.09 $1,010,013
MTN Commercial Mortgage Trust 2022-LPFL F 9.655169% 15-MAR-2039, 9.66%, 03/15/39 MTN 2022-LPFL 62475WAL9 - - 1,000,000 $1,004,655 $1,004,655 0.09 $999,022
BX Trust 2024-VLT4 D 6.803152% 15-JUN-2041, 6.80%, 07/15/29 BX 2024-VLT4 05612TAG0 - - 1,000,000 $997,153 $997,153 0.08 $993,184
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 $992,034 $992,034 0.08 $990,280
PRET 2025-RPL2 Trust A1 4.0% 25-FEB-2065, 4.00%, 08/25/64 PRET 2025-RPL2 69392LAA2 - - 990,420 $974,833 $974,833 0.08 $971,092
ACHV ABS Trust 2023-1PL (Freed) D 8.47% 18-MAR-2030, 8.47%, 03/18/30 ACHV 2023-1PL 00091XAD9 - - 942,709 $959,675 $959,675 0.08 $955,904
ALA Trust 2025-OANA D 7.45472% 15-JUN-2040, 7.45%, 06/15/40 ALA 2025-OANA 009920AG4 - - 933,000 $941,858 $941,858 0.08 $937,801
Marlette Funding Trust 2023-2 D 7.92% 15-JUN-2033, 7.92%, 06/15/33 MFT 2023-2A 57109LAD5 - - 900,000 $924,098 $924,098 0.08 $920,138
Santander Bank Auto Credit Linked Notes Series 2024-B 18-JAN-2033, 12.23%, 01/18/33 SBCLN 2024-B 80280BAG3 - - 900,000 $913,960 $913,960 0.08 $907,844
Theorem Funding Trust 2022-3 B 8.95% 15-APR-2029, 8.95%, 04/15/29 THRM 2022-3A 882925AB6 - - 900,000 $913,899 $913,899 0.08 $909,424
Santander Bank Auto Credit Linked Notes Series 2024-B 18-JAN-2033, 8.88%, 01/18/33 SBCLN 2024-B 80280BAF5 - - 900,000 $912,631 $912,631 0.08 $908,191
Alloya Auto Receivables Trust 2025-1 B 4.99% 25-MAR-2030, 4.99%, 03/25/30 ALLCU 2025-1A 01986QAJ7 - - 900,000 $910,550 $910,550 0.08 $909,302
Connecticut Avenue Securities, Series 2021-R02 2M2 6.34839% 25-NOV-2041, 6.35%, 11/25/41 CAS 2021-R02 20754KAB7 - - 896,791 $906,097 $906,097 0.08 $904,357
FINANCE OF AMERICA STRUCTURE 3.5% 74, 3.50%, 02/25/74 FASST 2024-S1 31740RAB6 - - 892,212 $872,351 $872,351 0.07 $871,484
Homeward Opportunities Fund Trust 2025-RRTL2|5.237|09/25/2040, 5.24%, 09/25/40 HOF 2025-RRTL2 437923AA3 - - 839,000 $840,893 $840,893 0.07 $840,526
Crockett Partners Equipment Company IIA C 10.16% 20-JAN-2031, 10.16%, 01/20/31 EQS 2024-1C 22689LAC9 - - 803,030 $836,797 $836,797 0.07 $833,398
Crockett Partners Equipment Company IIA B 6.78% 20-JAN-2031, 6.78%, 01/20/31 EQS 2024-1C 22689LAB1 - - 803,030 $824,208 $824,208 0.07 $821,940
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 $808,769 $808,769 0.07 $804,203
Towd Point Mortgage Trust 2024-CES2 A1B 6.35% 25-FEB-2064, 6.35%, 02/25/64 TPMT 2024-CES2 89182JAB7 - - 797,102 $808,574 $808,574 0.07 $803,794
AMC Networks Inc. 10.25% 15-JAN-2029, 10.25%, 01/15/29 AMCX 00164VAG8 - - 755,000 $797,100 $797,100 0.07 $786,351
FIGRE Trust 2024-HE4 C 5.301% 25-SEP-2054, 5.30%, 09/25/54 FIGRE 2024-HE4 31684UAC5 - - 798,161 $796,630 $796,630 0.07 $795,455
Exeter Automobile Receivables Trust 2024-1 E 7.89% 15-AUG-2031, 7.89%, 08/15/31 EART 2024-1A 30167PAG5 - - 750,000 $796,607 $796,607 0.07 $793,320
BXHPP Trust 2021-FILM A 5.128% 15-AUG-2036, 5.13%, 08/15/36 BXHPP 2021-FILM 05609JAA0 - - 820,000 $796,484 $796,484 0.07 $794,032
Chase Mortgage Reference Notes, Series 2020-CL1 M4 8.78703% 25-OCT-2057, 8.79%, 10/25/57 CHASE 2020-CL1 46591HAK6 - - 749,343 $792,774 $792,774 0.07 $790,762
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 $773,561 $773,561 0.07 $772,105
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 $772,833 $772,833 0.07 $771,200
Prosper Marketplace Issuance Trust, Series 2024-1 C 6.96% 15-AUG-2029, 6.96%, 08/15/29 PMIT 74363CAC3 - - 750,000 $762,713 $762,713 0.06 $759,813
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 $757,596 $757,596 0.06 $754,704
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 $745,132 $745,132 0.06 $743,353
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 $730,229 $730,229 0.06 $728,772
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 $726,155 $726,155 0.06 $724,451
Westgate Resorts 2024-1 D 9.26% 20-JAN-2038, 9.26%, 01/20/38 WESTR 2024-1A 96034KAD5 - - 703,158 $721,162 $721,162 0.06 $715,012
Marlette Funding Trust 2023-1 D 8.15% 15-APR-2033, 8.15%, 04/15/33 MFT 2023-1A 57110PAD3 - - 700,000 $721,060 $721,060 0.06 $717,891
Westgate Resorts 2024-1 C 7.06% 20-JAN-2038, 7.06%, 01/20/38 WESTR 2024-1A 96034KAC7 - - 703,158 $717,557 $717,557 0.06 $712,868
Affirm Asset Securitization Trust 2024-A D_1 6.89% 15-FEB-2029, 6.89%, 02/15/29 AFFRM 2024-A 00834BAD9 - - 700,000 $706,980 $706,980 0.06 $704,300
LHOME MORTGAGE TR 2025-RTL3 A1, 5.24%, 08/25/40 LHOME 2025-RTL3 50205YAA1 - - 700,000 $704,262 $704,262 0.06 $702,836
RCKT Mortgage Trust 2024-CES1 A1B 6.325% 25-FEB-2044, 6.33%, 02/25/44 RCKT 2024-CES1 749424AB3 - - 687,610 $697,414 $697,414 0.06 $693,306
Towd Point Mortgage Trust 2024-CES1 A1B 6.049% 25-JAN-2064, 6.05%, 01/25/64 TPMT 2024-CES1 89183CAB1 - - 650,980 $658,271 $658,271 0.06 $654,552
Gracie Point International Funding, Series 2024-1 D 11.49828% 01-MAR-2028, 11.51%, 03/01/28 GPIF 2024-1A D 38410KAD1 - - 600,000 $618,625 $618,625 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 $617,037 $617,037 0.05 $614,475
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 $602,603 $602,603 0.05 $600,539
Sierra Timeshare 2024-3 Receivables Funding D 6.93% 20-JUN-2041, 6.93%, 08/20/41 SRFC 2024-3A 82653BAD5 - - 587,752 $594,052 $594,052 0.05 $592,355
Connecticut Avenue Securities, Series 2021-R01 1M2 5.89839% 25-OCT-2041, 5.90%, 10/25/41 CAS 2021-R01 20754RAB2 - - 589,498 $592,709 $592,709 0.05 $591,647
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 $586,062 $586,062 0.05 $582,957
Rain City Mortgage Trust 2024-RTL1 A2 8.021% 25-SEP-2029, 8.02%, 11/25/29 RCITY 2024-RTL1 75079KAB9 - - 560,000 $565,839 $565,839 0.05 $564,592
BX Trust 2022-FOX2 E 7.32227% 15-APR-2039, 7.32%, 04/15/39 BX 2022-FOX2 05610AAJ7 - - 546,700 $546,643 $546,643 0.05 $544,308
Mello Warehouse Securitization Trust 2024-1 F 9.587% 25-OCT-2057, 9.57%, 10/25/57 MWST 2024-1 58553FAF2 - - 542,000 $540,832 $540,832 0.05 $539,247
TYSN 2023-CRNR Mortgage Trust A 6.79907% 10-DEC-2038, 6.80%, 12/10/33 TYSN 2023-CRNR 87332PAA8 - - 500,000 $532,812 $532,812 0.05 $529,601
Blue Bridge Funding 2023-1 C 9.5% 15-NOV-2030, 9.50%, 11/15/30 BBEF 2023-1A 09531MAC4 - - 546,000 $532,295 $532,295 0.05 $529,414
Sierra Timeshare 2024-2 Receivables Funding D 7.48% 20-JUN-2041, 7.48%, 06/20/41 SRFC 2024-2A 82650DAD4 - - 519,428 $527,429 $527,429 0.04 $525,811
Connecticut Avenue Securities Trust 2024-R01 1M2 6.14839% 25-JAN-2044, 6.15%, 01/25/44 CAS 2024-R01 20753UAB6 - - 520,000 $526,760 $526,760 0.04 $525,784
Marlette Funding Trust 2023-4 B 8.15% 15-DEC-2033, 8.15%, 12/15/33 MFT 2023-4A 57108UAB0 - - 500,000 $524,034 $524,034 0.04 $521,770
Upstart Securitization Trust 2023-3 B 8.25% 20-OCT-2033, 8.25%, 10/20/33 UPST 2023-3 91684MAB9 - - 500,000 $519,384 $519,384 0.04 $517,665
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 $517,642 $517,642 0.04 $517,153
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 $516,200 $516,200 0.04 $514,434
Lendbuzz Securitization Trust 2024-1 B 6.58% 15-SEP-2029, 6.58%, 09/15/29 LBZZ 2024-1A 525935AC6 - - 500,000 $515,585 $515,585 0.04 $513,758
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 $515,501 $515,501 0.04 $513,651
LAD Auto Receivables Trust 2024-1 D 6.15% 15-JUN-2031, 6.15%, 06/16/31 LADAR 2024-1A 501689AG8 - - 500,000 $515,069 $515,069 0.04 $513,361
Bridgecrest Lending Auto Securitization Trust 2024-1 D 6.03% 15-NOV-2029, 6.03%, 11/15/29 BLAST 2024-1 107933AF0 - - 500,000 $514,441 $514,441 0.04 $512,766
WB Commercial Mortgage Trust 2024-HQ D 8.277827% 16-MAR-2040, 8.28%, 03/15/40 WB 2024-HQ 92943PAG6 - - 500,000 $512,753 $512,753 0.04 $508,844
Exeter Automobile Receivables Trust 2024-1 D 5.84% 15-JUN-2030, 5.84%, 06/17/30 EART 2024-1A 30167PAF7 - - 500,000 $512,566 $512,566 0.04 $510,944
Ally Auto Receivables Trust 2024-1 D 5.8% 15-FEB-2032, 5.80%, 02/16/32 ALLYA 2024-1 02008FAG9 - - 500,000 $510,243 $510,243 0.04 $508,632
Gracie Point International Funding, Series 2024-1 C 7.84828% 01-MAR-2028, 7.86%, 03/01/28 GPIF 2024-1A 38410KAC3 - - 500,000 $508,545 $508,545 0.04 $498,189
Tricolor Auto Securitization Trust 2024-1 C 6.99% 15-JAN-2028, 6.99%, 01/18/28 TAST 2024-1A 89616LAC6 - - 500,000 $505,942 $505,942 0.04 $504,001
Affirm Asset Securitization Trust 2024-A D_2 6.89% 15-FEB-2029, 6.89%, 02/15/29 AFFRM 2024-A 00834BAJ6 - - 500,000 $505,298 $505,298 0.04 $503,384
Affirm Asset Securitization Trust 2024-A C_1 6.16% 15-FEB-2029, 6.16%, 02/15/29 AFFRM 2024-A 00834BAC1 - - 500,000 $503,656 $503,656 0.04 $501,945
BX Commercial Mortgage Trust 2023-VLT3 C 7.8011% 15-NOV-2042, 7.80%, 11/15/28 BX 2023-VLT3 05611GAE4 - - 500,000 $502,392 $502,392 0.04 $500,116
Santander Bank Auto Credit-Linked Notes, Series 2023-B F 12.24% 15-DEC-2033, 12.24%, 12/15/33 SBCLN 2023-B 80290CCF9 - - 449,542 $470,758 $470,758 0.04 $467,701
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 $467,511 $467,511 0.04 $466,039
Post Road Equipment Finance 2024-1 E 8.5% 15-OCT-2031, 8.50%, 12/15/31 PREF 2024-1A 737473AF5 - - 450,000 $464,577 $464,577 0.04 $462,452
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 $452,706 $452,706 0.04 $450,755
Tricolor Auto Securitization Trust 2024-1 A 6.61% 15-OCT-2027, 6.61%, 10/15/27 TAST 2024-1A 89616LAA0 - - 441,828 $444,419 $444,419 0.04 $442,796
RAM 2024-1 B 7.785% 15-FEB-2039, 7.79%, 02/15/39 RAM 2024-1 751313AB3 - - 432,856 $436,240 $436,240 0.04 $434,368
Gls Auto Select Receivables Trust 2023-1 7.93% 15-JUL-2030, 7.93%, 07/15/30 GSAR 2023-1A 36267FAL2 - - 400,000 $430,760 $430,760 0.04 $428,998
Extended Stay America Trust 2021-ESH E 7.328% 15-JUL-2038, 7.33%, 07/15/38 ESA 2021-ESH 30227FAL4 - - 425,448 $427,133 $427,133 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 $411,942 $411,942 0.04 $410,437
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 $406,950 $406,950 0.03 $404,886
Chase Mortgage Reference Notes, Series 2020-CL1 M3 7.78703% 25-OCT-2057, 7.79%, 10/25/57 CHASE 2020-CL1 46591HAJ9 - - 383,289 $396,812 $396,812 0.03 $395,900
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 $394,021 $394,021 0.03 $393,619
BAMLL Re-REMIC Trust 2024-FRR4 E 1.099014% 27-NOV-2048, 1.30%, 11/27/48 BAMLL 05493VAJ3 - - 400,000 $389,231 $389,231 0.03 $388,742
BAMLL Re-REMIC Trust 2024-FRR4 F 1.031285% 27-JAN-2026, 1.22%, 11/27/48 BAMLL 05493VAL8 - - 400,119 $387,818 $387,818 0.03 $387,358
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 $387,649 $387,649 0.03 $386,139
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 $386,925 $386,925 0.03 $386,189
Worldwide Plaza Trust 2017-WWP A 3.5263% 10-NOV-2036, 3.53%, 11/10/36 WPT 98162JAA4 - - 528,000 $374,933 $374,933 0.03 $373,174
PRPM 2025-RCF3 LLC 5.25% 55, 5.25%, 07/25/55 PRPM 2025-RCF3 69392PAB1 - - 369,875 $368,186 $368,186 0.03 $366,352
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 $359,720 $359,720 0.03 $358,274
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 $344,845 $344,845 0.03 $342,444
Connecticut Avenue Securities Trust 2024-R02 1M2 6.14839% 25-FEB-2044, 6.15%, 02/25/44 CAS 2024-R02 20754GAE0 - - 331,138 $333,935 $333,935 0.03 $333,313
Surgery Center Holdings, Inc. 7.25% 15-APR-2032, 7.25%, 04/15/32 SURCEN 86881WAF9 - - 310,000 $329,237 $329,237 0.03 $320,497
LHOME Mortgage Trust 2024-RTL2 A1 7.128% 25-MAR-2029, 7.13%, 03/25/29 LHOME 50205JAA4 - - 321,901 $325,352 $325,352 0.03 $324,714
Dext ABS 2023-2 D 8.3% 15-MAY-2034, 8.30%, 05/15/34 DEXT 2023-2 25216CAE0 - - 300,000 $321,729 $321,729 0.03 $320,346
RCKT Mortgage Trust 2023-CES1 A1A 6.515% 25-JUN-2043, 6.51%, 06/25/43 RCKT 74935WAA2 - - 310,654 $314,264 $314,264 0.03 $312,353
NetCredit Combined Receivables 2024 A 7.43% 20-OCT-2030, 7.43%, 10/21/30 ENVA 2024-A 64113EAA7 - - 311,998 $313,938 $313,938 0.03 $312,972
BX Commercial Mortgage Trust 2024-MF C 6.304% 15-FEB-2039, 6.30%, 02/15/39 BX 2024-MF 05612EAE8 - - 309,909 $311,301 $311,301 0.03 $310,161
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 $304,896 $304,896 0.03 $303,787
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 $303,184 $303,184 0.03 $301,435
Golden Pear Securitization, Series 2024-1 A 6.95% 15-FEB-2036, 6.95%, 02/15/36 PEAR 2024-1 704933AA8 - - 297,420 $301,406 $301,406 0.03 $300,258
PRPM 2025-RCF3 LLC 5.25% 55, 5.25%, 07/25/55 PRPM 2025-RCF3 69392PAC9 - - 300,000 $297,130 $297,130 0.03 $295,643
CSMC 2021-BHAR E 7.978% 15-NOV-2038, 7.98%, 11/15/38 CSMC 2021-BHAR 12659VAN0 - - 300,000 $295,348 $295,348 0.03 $293,951
Chase Mortgage Reference Notes, Series 2021-CL1 M3 5.89839% 25-FEB-2050, 5.90%, 02/25/50 CHASE 2021-CL1 46591HBZ2 - - 299,093 $291,637 $291,637 0.02 $291,098
Churchill Downs Incorporated CHDN US 171484108 - - 2,695 $274,742 $274,742 0.02 $274,742
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 $256,358 $256,358 0.02 $255,279
Affirm Asset Securitization Trust 2023-B D 8.78% 15-SEP-2028, 8.78%, 09/15/28 AFFRM 2023-B 00792FAJ7 - - 250,000 $252,079 $252,079 0.02 $250,859
Affirm Asset Securitization Trust 2023-B C 7.81% 15-SEP-2028, 7.81%, 09/15/28 AFFRM 2023-B 00792FAH1 - - 250,000 $251,730 $251,730 0.02 $250,645
Santander US Capital Markets LLC 18-JAN-2033, 6.80%, 01/18/33 SBCLN 2024-B 80280BAE8 - - 250,000 $251,728 $251,728 0.02 $250,783
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 $249,551 $249,551 0.02 $248,501
Pawnee Equipment Receivables, Series 2022-1 D 7.23% 15-SEP-2029, 7.23%, 07/17/28 PWNE 2022-1 70410DAF5 - - 250,000 $248,842 $248,842 0.02 $247,838
Readycap Lending Small Business Loan Trust 2023-3 A 7.57% 25-APR-2048, 7.57%, 04/25/48 RCLT 75576AAA1 - - 241,506 $244,762 $244,762 0.02 $244,203
BXHPP Trust 2021-FILM B 5.378% 15-AUG-2036, 5.38%, 08/15/36 BXHPP 2021-FILM 05609JAJ1 - - 250,000 $234,456 $234,456 0.02 $233,672
RCKT Mortgage Trust 2025-CES6 A1A 5.472% 25-JUN-2055, 5.47%, 06/25/55 RCKT 2025-CES6 748949AA2 - - 230,790 $234,398 $234,398 0.02 $233,206
FIGRE Trust 2024-HE4 B 5.252% 25-SEP-2054, 5.25%, 09/25/54 FIGRE 2024-HE4 31684UAB7 - - 222,743 $222,931 $222,931 0.02 $222,606
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 $217,724 $217,724 0.02 $217,228
Auxilior Term Funding 2023-1 E 10.97% 15-DEC-2032, 10.97%, 12/15/32 XCAP 2023-1A 05335JAF0 - - 200,000 $205,559 $205,559 0.02 $204,340
Blue Bridge Funding 2023-1 B 9.48% 15-NOV-2030, 9.48%, 11/15/30 BBEF 2023-1A 09531MAB6 - - 200,000 $205,180 $205,180 0.02 $204,127
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 $184,422 $184,422 0.02 $183,902
Reach ABS Trust 2024-2 A 5.88% 15-JUL-2031, 5.88%, 07/15/31 REACH 2024-2A 75525HAA8 - - 174,717 $176,280 $176,280 0.01 $175,709
Commonbond Student Loan Trust 2017-A-GS B 3.47% 25-MAY-2041, 3.47%, 05/25/41 CBSLT 2017-AGS 20267VAC1 - - 172,925 $158,910 $158,910 0.01 $158,743
Commonbond Student Loan Trust 2021-A-GS B 1.4% 25-MAR-2052, 1.40%, 03/25/52 CBSLT 2021-AGS 20268WAB0 - - 198,766 $155,352 $155,352 0.01 $155,275
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 $152,476 $152,476 0.01 $152,128
Westgate Resorts 2023-1 D 10.14% 20-DEC-2037, 10.14%, 12/20/37 WESTR 2023-1A 96033EAD0 - - 135,556 $139,902 $139,902 0.01 $138,604
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 $139,596 $139,596 0.01 $138,979
Affirm Asset Securitization Trust 2023-X1 C 8.25% 15-NOV-2028, 8.25%, 11/15/28 AFFRM 2023-X1 00834KAC1 - - 137,959 $138,880 $138,880 0.01 $138,248
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 $136,740 $136,740 0.01 $136,180
Santander Consumer Auto Receivables Trust 2021-C C 2.97% 15-OCT-2028, 2.97%, 06/15/28 SCART 2021-CA 80281HAC8 - - 120,376 $120,097 $120,097 0.01 $119,899
Ginnie Mae REMIC Trust 2005-065 FA 4.61513% 20-AUG-2035, 4.60%, 08/20/35 GNR 2005-65 38374LL25 - - 104,902 $103,279 $103,279 0.01 $103,077
Commonbond Student Loan Trust 2016-B B 4.0% 25-OCT-2040, 4.00%, 10/25/40 CBSLT 2016-B 20267UAC3 - - 106,143 $101,886 $101,886 0.01 $101,768
Commonbond Student Loan Trust 2016-A B 4.0% 25-MAY-2040, 4.00%, 05/25/40 CBSLT 2016-A 20267TAC6 - - 103,500 $100,954 $100,954 0.01 $100,839
Commonbond Student Loan Trust 2018-C-GS B 4.25% 25-FEB-2046, 4.25%, 02/25/46 CBSLT 2018-CGS 20267XAC7 - - 98,238 $96,272 $96,272 0.01 $96,156
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 $77,788 $77,788 0.01 $77,582
Commonbond Student Loan Trust 2018-B-GS C 4.12% 25-SEP-2045, 4.12%, 09/25/45 CBSLT 2018-BGS 20268MAD8 - - 84,418 $77,514 $77,514 0.01 $77,417
Westgate Resorts 2022-1 D 3.838% 20-AUG-2036, 3.84%, 08/20/36 WESTR 2022-1A 96034JAD8 - - 74,028 $73,780 $73,780 0.01 $73,512
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 $59,896 $59,896 0.01 $59,787
FREED ABS Trust 2022-1FP D 3.35% 18-NOV-2028, 3.35%, 03/19/29 FREED 2022-1FP 35633KAD8 - - 45,538 $45,489 $45,489 0.00 $45,417
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 $43,051 $43,051 0.00 $42,891
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 $42,129 $42,129 0.00 $41,896
ACHV ABS Trust 2024-1PL C 6.42% 25-APR-2031, 6.42%, 04/25/31 ACHV 2024-1PL 00092BAC8 - - 33,113 $33,518 $33,518 0.00 $33,459
U.S. Auto Funding 2022-1 A 3.98% 15-APR-2025, 3.98%, 12/31/25 USAUT 2022-1A 90355FAA6 - - 5,625 $5,629 $5,629 0.00 $5,616
FIGRE Trust 2025-HE2 A 5.775% 25-MAR-2055, 5.78%, 03/25/55 FIGRE 2025-HE2 31684KAA1 - - - $5,358 $5,358 0.00 $0
US 10YR NOTE (CBT)Dec25 DEC 25 TYZ5 FUTURES_USD - -132.00 $-14,895,375 $0 0.00 $0
US ULTRA BOND CBT Dec25 DEC 25 WNZ5 FUTURES_USD - -108.00 $-12,679,875 $0 0.00 $0
US 10yr Ultra Fut Dec25 DEC 25 UXYZ5 FUTURES_USD - -297.00 $-34,108,594 $0 0.00 $0
US 2YR NOTE (CBT) Dec25 DEC 25 TUZ5 FUTURES_USD - 455.00 $94,938,594 $0 0.00 $0
US 5YR NOTE (CBT) Dec25 DEC 25 FVZ5 FUTURES_USD - 882.00 $96,696,141 $0 0.00 $0
ESU5 19Sep25 Call (AMERICAN PHYSICAL) 6900 ESU5C ESU5 INDEX $6,900.00 -26.00 $-8,463,975 $-260 0.00 $-260
US 5YR FUTR OPTN Oct25Put 106.25 FVV5P FVZ5 COMDTY $106.25 -456.00 $49,992,563 $-456 0.00 $-456
ESU5 19Sep25 Put (AMERICAN PHYSICAL) 6010 ESU5P ESU5 INDEX $6,010.00 -26.00 $8,463,975 $-5,720 0.00 $-5,720
GOLD FUT OPT(CMX) Oct25P 3000 3000 GCV5P GCV5 COMDTY $3,000.00 -128.00 $45,954,560 $-6,400 0.00 $-6,400
US 10YR FUT OPTN Oct25Put 109.5 TYV5P TYZ5 COMDTY $109.50 -605.00 $68,270,469 $-9,453 0.00 $-9,453
US 5YR FUTR OPTN Oct25Call 111.75 FVV5C FVZ5 COMDTY $111.75 -456.00 $-49,992,563 $-17,812 0.00 $-17,812
US 10YR FUT OPTN Oct25C 115 115 TYV5C TYZ5 COMDTY $115.00 -605.00 $-68,270,469 $-66,172 -0.01 $-66,172
GOLD FUT OPT(CMX) Oct25C 3700 3700 GCV5C GCV5 COMDTY $3,700.00 -128.00 $-45,954,560 $-267,520 -0.02 $-267,520
UMBS TBA 30yr 2.5% September Delivery, 2.50%, 09/15/25 FNCL 01F022691 - - -44,565,000 $-37,211,463 $-37,211,463 -3.16 $-37,211,463
SEGREGATED CASH SEGCASH - $0.00 4,430,000 $4,430,000 $4,430,000 0.38 $4,430,000
US DOLLARS USD MD_142224 - - -160,216,460 $-160,216,460 $-160,216,460 -13.62 $-160,216,460
Janus Henderson AAA CLO ETF 01/23/26 JAAA US 47103U845 $50.72 920,527 $46,597,077 $115,788 0.01 $-89,107
Janus Henderson AAA CLO ETF 01/23/26 - 47103U845 $50.74 133,100 $6,737,522 $13,654 0.00 $-15,972
3 MONTH SOFR FUT Dec25 DEC 25 SFRZ5 FUTURES_USD - 125.00 $120,331,250 $0 0.00 $0
3 MONTH SOFR FUT Sep26 SEP 26 SFRU6 FUTURES_USD - 125.00 $30,298,438 $0 0.00 $0
3 MONTH SOFR FUT Mar26 MAR 26 SFRH6 FUTURES_USD - 125.00 $30,160,938 $0 0.00 $0
3 MONTH SOFR FUT Jun26 JUN 26 SFRM6 FUTURES_USD - 125.00 $30,243,750 $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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