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

Securitized Income ETF Holdings

Full Portfolio Holdings

(As of 03/28/2025)

Ticker Cusip Underlying Security Strike Price Quantity (Shares/ Par/ Units/ Contracts) Notional Value Market Value Weight % Current Market Value
UMBS TBA 30yr 5.5% April Delivery, 5.50%, 04/14/25 FNCL 01F052649 - - 95,815,000 $95,579,583 $95,579,583 12.71 $95,579,583
UMBS TBA 30yr 6.5% April Delivery, 6.50%, 04/14/25 FNCL 01F062648 - - 58,163,000 $59,947,441 $59,947,441 7.98 $59,947,441
Janus Henderson AAA CLO ETF JAAA US 47103U845 - - 618,038 $31,297,444 $31,297,444 4.17 $31,297,444
Janus Henderson B-BBB CLO ETF JBBB US 47103U753 - - 623,095 $30,382,112 $30,382,112 4.05 $30,382,112
UMBS TBA 30yr 5% April Delivery, 5.00%, 04/14/25 FNCL 01F050643 - - 27,479,000 $26,894,577 $26,894,577 3.58 $26,894,577
UMBS TBA 30yr 3.5% April Delivery, 3.50%, 04/14/25 FNCL 01F032641 - - 29,730,000 $26,785,452 $26,785,452 3.57 $26,785,452
UMBS TBA 30yr 3% April Delivery, 3.00%, 04/14/25 FNCL 01F030645 - - 25,640,000 $22,191,574 $22,191,574 2.95 $22,191,574
UMBS TBA 30yr 6% April Delivery, 6.00%, 04/14/25 FNCL 01F060642 - - 17,605,000 $17,865,026 $17,865,026 2.37 $17,865,026
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2025-HQA1 M2 5.98763% 25-FEB-2045, 5.99%, 02/25/45 STACR 2025-HQA1 35564NHA4 - - 13,814,815 $13,786,230 $13,786,230 1.83 $13,772,439
Fannie Mae REMIC Trust 2025-12 FC 5.44031% 25-MAR-2055, 5.44%, 03/25/55 FNR 2025-12 3136BVFC7 - - 13,363,338 $13,328,889 $13,328,889 1.77 $13,316,774
RCKT Mortgage Trust 2025-CES1 A1A 5.653% 25-JAN-2045, 5.65%, 01/25/45 RCKT 2025-CES1 A1 749427AA8 - - 7,740,199 $7,790,776 $7,790,776 1.04 $7,754,313
Tricolor Auto Securitization Trust 2025-1 C 5.72% 15-OCT-2029, 5.72%, 10/15/29 TAST 2025-1A 89617CAC5 - - 7,304,000 $7,320,549 $7,320,549 0.97 $7,307,783
Saluda Grade Alternative Mortgage Trust 2023-RTL3 A1 7.0% 25-APR-2029, 7.00%, 04/25/29 GRADE 2023-RTL3 79583YAA2 - - 7,076,000 $7,058,982 $7,058,982 0.94 $7,017,706
BX Trust 2024-CNYN D 7.00927% 15-APR-2041, 7.01%, 04/15/41 BX 2024- CNYN 05612HAG6 - - 6,762,264 $6,771,316 $6,771,316 0.90 $6,750,250
PRET 2025-RPL1 Trust A1 4.0% 25-JUL-2069, 4.00%, 07/25/69 PRET 2025-RPL1 69392FAA5 - - 6,580,012 $6,320,224 $6,320,224 0.84 $6,298,291
Carvana Auto Receivables Trust 2025-P1|5.66|03/10/2033, 5.66%, 03/10/33 CRVNA 2025-P1 14689MAH3 - - 6,250,000 $6,262,118 $6,262,118 0.83 $6,248,361
Connecticut Avenue Securities, Series 2021-R03 1M2 5.98969% 25-DEC-2041, 5.99%, 12/25/41 CAS 2021-R03 20754AAB9 - - 6,219,572 $6,234,849 $6,234,849 0.83 $6,228,640
New Residential Mortgage LLC/New Residential Mortgage FHT1 Excuss Owner LLC 0.0% 25-MAR-2032, 6.54%, 03/25/32 NZES 2025-FHT 64832EAA7 - - 6,139,000 $6,105,294 $6,105,294 0.81 $6,093,016
FS Commercial Mortgage Trust 2023-4SZN D 9.382749% 10-NOV-2039, 9.08%, 11/10/39 FS 2023-4SZN 30334RAG9 - - 5,750,000 $6,034,756 $6,034,756 0.80 $5,991,247
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2025-HQA1 M1 5.48763% 25-FEB-2045, 5.49%, 02/25/45 STACR 2025-HQA1 35564NGZ0 - - 5,982,024 $5,976,293 $5,976,293 0.79 $5,970,820
KRE Commercial Mortgage Trust 2025-AIP4 A 5.61918% 15-MAR-2042, 5.62%, 03/15/42 KRE 2025-AIP4 50077KAA6 - - 5,902,000 $5,887,013 $5,887,013 0.78 $5,875,035
Homeward Opportunities Fund Trust 2025-RRTL1 A1 5.476% 25-MAR-2040, 5.48%, 03/25/40 HOF 2025-RRTL1 437919AA1 - - 5,650,000 $5,651,748 $5,651,748 0.75 $5,646,592
Carvana Auto Receivables Trust 2021-N3 E 3.16% 10-JUN-2028, 3.16%, 06/12/28 CRVNA 2021-N3 14687GAF2 - - 5,675,421 $5,498,193 $5,498,193 0.73 $5,487,731
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA7 M2 6.13969% 25-NOV-2041, 6.14%, 11/25/41 STACR 2021-DNA7 35564KMH9 - - 5,274,435 $5,299,062 $5,299,062 0.70 $5,293,665
BX Commercial Mortgage Trust 2021-VOLT E 6.434% 15-SEP-2036, 6.43%, 09/15/36 BX 2021-VOLT 05609VAN5 - - 5,333,000 $5,291,709 $5,291,709 0.70 $5,276,460
JP Morgan Mortgage Trust 2024-CES1 A1B 6.019% 25-JUN-2054, 6.02%, 06/25/54 JPMMT 2024-CES1 46658CAB7 - - 5,232,308 $5,278,615 $5,278,615 0.70 $5,252,370
ABL 2024-RTL1 A2 7.457% 25-SEP-2029, 7.46%, 09/25/29 ABL 2024-RTL1 00092EAB4 - - 5,160,000 $5,178,408 $5,178,408 0.69 $5,171,995
NRM MSR-Collateralized Notes, Series 2024-FNT1 A 7.398% 25-NOV-2029, 7.40%, 11/25/31 NZES 2024-FNT1 62956YAA7 - - 5,114,947 $5,177,142 $5,177,142 0.69 $5,170,836
Fannie Mae REMIC Trust 2025-9 FA 5.58548% 25-MAR-2055, 5.54%, 03/25/55 FNR 2025-9 3136BVDC9 - - 5,068,360 $5,075,270 $5,075,270 0.67 $5,070,591
Atlas Warehouse Lending Co. 6.25% 15-JAN-2030, 6.25%, 01/15/30 ATWALD 049463AE2 - - 4,854,000 $4,968,404 $4,968,404 0.66 $4,874,863
Connecticut Avenue Securities Trust 2025-R02 1B1 6.30201% 25-FEB-2045, 6.29%, 02/25/45 CAS 2025-R02 20754TAH5 - - 4,850,000 $4,861,449 $4,861,449 0.65 $4,845,359
Saluda Grade Alternative Mortgage Trust 2023-FIG4 A 6.718% 25-NOV-2053, 6.72%, 11/25/53 GRADE 2023-FIG4 79581UAA2 - - 4,684,764 $4,824,956 $4,824,956 0.64 $4,798,730
BX Commercial Mortgage Trust 2024-MF D 7.009% 15-FEB-2039, 7.01%, 02/15/39 BX 2024-MF 05612EAG3 - - 4,737,182 $4,751,688 $4,751,688 0.63 $4,736,931
Lendbuzz Securitization Trust 2024-2 C 7.45% 15-MAY-2031, 7.45%, 05/15/31 LBZZ 2024-2A 525920AD6 - - 4,500,000 $4,746,171 $4,746,171 0.63 $4,731,271
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 $4,517,242 $4,517,242 0.60 $4,509,652
Great Wolf Trust 2024-WOLF D 7.20918% 15-MAR-2039, 7.21%, 03/15/39 GWT 2024-WOLF 39152MAG0 - - 4,425,000 $4,439,643 $4,439,643 0.59 $4,425,465
Santander Bank Auto Credit-Linked Notes, Series 2024-A E 7.762% 15-JUN-2032, 7.76%, 06/15/32 SBCLN 2024-A 80290CCM4 - - 4,393,450 $4,431,493 $4,431,493 0.59 $4,416,337
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 $4,357,699 $4,357,699 0.58 $4,351,568
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 $4,287,209 $4,287,209 0.57 $4,278,339
BX Commercial Mortgage Trust 2021-SOAR D 5.834% 15-JUN-2038, 5.83%, 06/15/38 BX 2021-SOAR 05608WAL8 - - 4,164,505 $4,153,353 $4,153,353 0.55 $4,142,554
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA3 M2 6.45201% 25-SEP-2041, 6.44%, 09/25/41 STACR 2021-HQA3 35564KJP5 - - 4,100,848 $4,131,947 $4,131,947 0.55 $4,127,546
BX Commercial Mortgage Trust 2024-BIO2 D 7.9698% 15-AUG-2041, 7.71%, 08/13/41 BX 2024-BIO2 05613GAG7 - - 3,985,000 $3,963,420 $3,963,420 0.53 $3,937,807
Santander Bank Auto Credit-Linked Notes, Series 2024-A F 10.171% 15-JUN-2032, 10.17%, 06/15/32 SBCLN 2024-A 80290CCN2 - - 3,854,749 $3,944,814 $3,944,814 0.52 $3,927,389
RCKT Mortgage Trust 2024-CES9 A1B 5.683% 25-DEC-2044, 5.68%, 12/25/44 RCKT 2024-CES9 749426AB8 - - 3,873,085 $3,893,323 $3,893,323 0.52 $3,874,980
Saluda Grade Alternative Mortgage Trust 2023-FIG3 A 7.067% 25-AUG-2053, 7.07%, 08/25/53 GRADE 79582AAA5 - - 3,683,147 $3,809,028 $3,809,028 0.51 $3,787,337
LHOME Mortgage Trust 2024-RTL5 A2 5.751% 25-SEP-2039, 5.75%, 09/25/39 LHOME 2024-RTL5 50205WAB3 - - 3,766,000 $3,777,392 $3,777,392 0.50 $3,773,782
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 $3,753,786 $3,753,786 0.50 $3,730,526
BMP Commercial Mortgage Trust 2024-MF23 D 6.70967% 15-JUN-2041, 6.71%, 06/15/41 BMP 2024-MF23 05593JAG5 - - 3,750,000 $3,752,626 $3,752,626 0.50 $3,741,443
FREMF 2023-K511 Mortgage Trust C 5.822429% 25-NOV-2028, 5.63%, 11/25/28 FREMF 2023-K511 30334FAG5 - - 4,000,000 $3,683,356 $3,683,356 0.49 $3,664,574
BX Trust 2019-OC11 E 4.075457% 09-DEC-2041, 3.94%, 12/09/41 BX 2019-OC11 05606FAN3 - - 4,021,000 $3,642,403 $3,642,403 0.48 $3,629,188
UMBS TBA 30yr 4.5% April Delivery, 4.50%, 04/14/25 FNCL 01F042640 - - 3,680,000 $3,516,505 $3,516,505 0.47 $3,516,505
DBGS 2018-BIOD Mortgage Trust E 6.31501% 15-MAY-2035, 6.32%, 05/15/35 DBGS 2018-BIOD 23306GAJ6 - - 3,525,000 $3,489,563 $3,489,563 0.46 $3,479,680
Connecticut Avenue Securities, Series 2021-R01 1B1 7.45201% 25-OCT-2041, 7.44%, 10/25/41 CAS 2021-R01 20754RAF3 - - 3,372,000 $3,457,043 $3,457,043 0.46 $3,433,318
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 $3,426,807 $3,426,807 0.46 $3,417,520
RCKT Mortgage Trust 2024-CES8 A1A 5.48955% 25-OCT-2044, 5.49%, 11/25/44 RCKT 2024-CES8 749421AA1 - - 3,401,643 $3,415,097 $3,415,097 0.45 $3,399,536
Homeward Opportunities Fund Trust 2024-RTL1 A2 8.57% 25-JUL-2029, 8.57%, 07/25/29 HOF 43789FAB9 - - 3,391,000 $3,412,399 $3,412,399 0.45 $3,407,555
SCG Commercial Mortgage Trust 2025-DLFN E 7.26% 15-MAR-2027, 7.26%, 03/15/35 SCG 2025 78398EAJ4 - - 3,350,000 $3,364,199 $3,364,199 0.45 $3,356,768
Angel Oak Mortgage Trust 2024-6 A1 4.65% 25-NOV-2067, 4.65%, 11/25/67 AOMT 2024-6 034944AA6 - - 3,408,795 $3,360,728 $3,360,728 0.45 $3,347,519
Huntington Bank Auto Credit-Linked Notes, Series 2025-1 C 6.60235% 20-MAR-2033, 0.00%, 03/21/33 HACLN 2025-1 446438SZ7 - - 3,355,000 $3,354,972 $3,354,972 0.45 $3,354,972
RCKT Mortgage Trust 2025-CES2 A1B 5.603% 25-FEB-2055, 5.60%, 02/25/55 RCKT 2025-CES2 74942BAB7 - - 3,327,818 $3,340,476 $3,340,476 0.44 $3,324,938
Tricolor Auto Securitization Trust 2025-1 D 6.84% 15-APR-2031, 6.84%, 04/15/31 TAST 2025-1A 89617CAD3 - - 3,240,000 $3,266,408 $3,266,408 0.43 $3,259,636
FIGRE Trust 2024-HE3 C 6.229% 25-JUL-2054, 6.23%, 07/25/54 FIGRE 2024-HE3 31684GAC6 - - 3,208,861 $3,249,330 $3,249,330 0.43 $3,245,998
Galaxy Senior Participation Interest Trust 1|6.07974328|07/31/2026, 6.08%, 07/31/26 GLXYT 2025-1 362922AA4 - - 3,192,040 $3,224,199 $3,224,199 0.43 $3,209,105
RCKT Mortgage Trust 2024-CES7 A1A 5.158% 25-OCT-2044, 5.16%, 10/25/44 RCKT 2024-CES7 749414AA6 - - 3,202,925 $3,196,671 $3,196,671 0.42 $3,182,904
Homeward Opportunities Fund Trust 2024-RRTL2 A1 5.989% 25-SEP-2039, 5.99%, 09/25/39 HOF 2024-RRTL2 43789GAA9 - - 3,175,000 $3,189,951 $3,189,951 0.42 $3,186,782
LHOME Mortgage Trust 2024-RTL4 A2 6.092% 25-JUL-2039, 6.09%, 07/25/39 LHOME 2024-RTL4 50205PAB8 - - 3,130,000 $3,148,340 $3,148,340 0.42 $3,145,162
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2024-DNA3 M2 5.78969% 25-OCT-2044, 5.79%, 10/25/44 STACR 2024-DNA3 35564NFA6 - - 3,122,429 $3,124,521 $3,124,521 0.42 $3,121,508
Wells Fargo Commercial Mortgage Trust 2024-MGP C11 7.40833% 15-AUG-2041, 7.41%, 08/15/41 WFCM 2024-MGP 95003TAE3 - - 3,100,000 $3,103,068 $3,103,068 0.41 $3,092,861
BX Trust 2024-VLT4 E 7.208584% 15-JUN-2041, 7.21%, 07/15/29 BX 2024-VLT4 05612TAJ4 - - 3,130,000 $3,093,257 $3,093,257 0.41 $3,083,229
Homeward Opportunities Fund Trust 2024-RTL1 A1 7.12% 25-JUL-2029, 7.12%, 07/25/29 HOF 43789FAA1 - - 3,070,000 $3,092,217 $3,092,217 0.41 $3,088,574
LHOME Mortgage Trust 2024-RTL3 A1 6.9% 25-MAY-2029, 6.90%, 05/25/29 LHOME 2024-RTL3 50205GAA0 - - 3,040,000 $3,078,571 $3,078,571 0.41 $3,075,075
BX Trust 2021-ARIA F 7.0275% 15-OCT-2036, 7.03%, 10/15/36 BX 2021-ARIA 05608RAN5 - - 3,088,000 $3,070,794 $3,070,794 0.41 $3,061,150
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 $3,049,267 $3,049,267 0.41 $3,033,537
Connecticut Avenue Securities Trust 2024-R05 25-JUL-2044, 6.04%, 07/25/44 CAS 2024-R05 20754XAC7 - - 3,000,000 $3,011,930 $3,011,930 0.40 $2,994,789
Structured Agency Credit Risk (STACR) Debt Notes, Series 2024-HQA1 M2 6.33969% 25-MAR-2044, 6.34%, 03/25/44 STACR 2024-HQA1 M2 35564NCA9 - - 3,000,000 $3,010,311 $3,010,311 0.40 $3,007,141
Extended Stay America Trust 2021-ESH F 8.134% 15-JUL-2038, 8.13%, 07/15/38 ESA 2021-ESH 30227FAN0 - - 2,988,219 $2,995,432 $2,995,432 0.40 $2,984,630
SWCH Commercial Mortgage Trust 2025-DATA E 7.6594% 15-FEB-2042, 7.66%, 03/15/42 SWCH 2025-DATA 78489CAE9 - - 3,000,000 $2,968,277 $2,968,277 0.39 $2,958,065
SREIT Trust 2021-FLWR F 7.106549% 22-JUL-2036, 7.11%, 07/15/36 SREIT 2021-FLWR 78485GAQ7 - - 2,937,600 $2,928,604 $2,928,604 0.39 $2,919,326
BX Commercial Mortgage Trust 2025-SPOT E 8.01018% 15-APR-2040, 8.01%, 04/15/40 BX 2025-SPOT 12433FAJ7 - - 2,904,000 $2,901,030 $2,901,030 0.39 $2,901,030
BXP Trust 2017-GM E 3.53896% 13-JUN-2039, 3.42%, 06/13/39 BXP 2017-GM 056083AN8 - - 3,080,000 $2,872,148 $2,872,148 0.38 $2,863,358
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 $2,863,166 $2,863,166 0.38 $2,855,497
Saluda Grade Alternative Mortgage Trust 2024-RTL6 A1 7.439% 25-JUL-2030, 7.44%, 07/25/30 GRADE 2024-RTL6 79585UAA8 - - 2,818,750 $2,852,972 $2,852,972 0.38 $2,835,498
Toorak Mortgage Trust 2025-RRTL1|5.524|02/25/2040, 5.52%, 02/25/40 TRK 2025-RRTL1 89053JAB3 - - 2,800,000 $2,801,767 $2,801,767 0.37 $2,799,189
Finance Of America Structured Securities Trust Series 2024-S3|3.5|04/25/2074, 3.50%, 04/25/74 FASST 2024-S3 31739WAB8 - - 2,927,728 $2,794,576 $2,794,576 0.37 $2,792,868
Exeter Automobile Receivables Trust 2024-3 E 7.84% 15-OCT-2031, 7.84%, 10/15/31 EART 30165AAG0 - - 2,700,000 $2,785,120 $2,785,120 0.37 $2,775,712
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 $2,783,020 $2,783,020 0.37 $2,768,256
BX Trust 2025-ROIC E 7.26047% 15-FEB-2042, 7.26%, 03/15/30 BX 2025-ROIC 05593VAN3 - - 2,782,000 $2,767,473 $2,767,473 0.37 $2,758,496
Finance Of America Structured Securities Trust Series 2025-S1|3.5|02/25/2075, 3.50%, 02/25/75 FASST 2025-S1 31741BAB0 - - 2,890,605 $2,747,385 $2,747,385 0.37 $2,745,699
RCKT Mortgage Trust 2024-CES5 A1B 6.047% 25-JUL-2044, 6.05%, 08/25/44 RCKT 74938KAB3 - - 2,711,171 $2,738,680 $2,738,680 0.36 $2,725,018
Lendbuzz Securitization Trust 2024-2 B 6.52% 15-FEB-2030, 6.52%, 07/16/29 LBZZ 2024-2A 525920AC8 - - 2,650,000 $2,722,694 $2,722,694 0.36 $2,715,014
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 $2,711,902 $2,711,902 0.36 $2,708,733
CAMB Commercial Mortgage Trust 2019-LIFE D 6.367% 15-DEC-2037, 6.37%, 12/15/37 CAMB 2019-LIFE 12482HAL8 - - 2,663,782 $2,667,688 $2,667,688 0.35 $2,660,150
MHC Commercial Mortgage Trust 2021-MHC F 7.035442% 15-APR-2038, 7.03%, 04/15/38 MHC 2021-MHC 55316VAL8 - - 2,660,000 $2,663,381 $2,663,381 0.35 $2,655,065
BX Trust 2024-BIO C 6.95918% 15-FEB-2041, 6.96%, 02/15/41 BX 2024-BIO 05612AAJ5 - - 2,650,000 $2,621,408 $2,621,408 0.35 $2,613,211
Lendbuzz Securitization Trust 2024-1 C 7.58% 15-SEP-2030, 7.58%, 09/15/30 LBZZ 2024-1A C 525935AD4 - - 2,500,000 $2,608,731 $2,608,731 0.35 $2,600,308
BPR Trust 2024-PMDW D 5.85% 05-NOV-2041, 5.85%, 11/05/41 BPR 2024-PMDW 05592VAJ3 - - 2,610,000 $2,576,139 $2,576,139 0.34 $2,563,415
Coinstar Funding Series 2017-1 A2 5.216% 25-APR-2047, 5.22%, 04/25/47 COIN 2017-1A 19260MAA4 - - 2,767,500 $2,557,568 $2,557,568 0.34 $2,531,905
WB Commercial Mortgage Trust 2024-HQ C 7.13342% 16-MAR-2040, 6.44%, 03/15/40 WB 2024-HQ 92943PAE1 - - 2,500,000 $2,550,284 $2,550,284 0.34 $2,536,861
Sandstone Peak III C 6.95007% 25-APR-2037, 6.95%, 04/25/37 SAND 2024-1A 799928AJ5 - - 2,500,000 $2,539,510 $2,539,510 0.34 $2,509,104
BX Commercial Mortgage Trust 2024-GPA3 C 6.21098% 15-DEC-2039, 6.21%, 12/15/39 BX 2024-GPA3 123910AE1 - - 2,529,952 $2,537,599 $2,537,599 0.34 $2,530,615
Wingspire Equipment Finance 2024-1 D 6.31% 20-SEP-2032, 6.31%, 09/20/32 WEF 2024-1A 97415AAE2 - - 2,500,000 $2,530,712 $2,530,712 0.34 $2,525,892
Fora Financial Asset Securitization, Series 2024-1 A 6.33% 15-MAY-2027, 6.33%, 08/15/29 FORA 2024-1A 34512PAA2 - - 2,500,000 $2,528,919 $2,528,919 0.34 $2,521,886
Affirm Asset Securitization Trust 2024-X1 C 6.57% 15-MAY-2029, 6.57%, 05/15/29 AFFRM 2024-X1 00834XAC3 - - 2,500,000 $2,526,542 $2,526,542 0.34 $2,519,242
Zais CLO 11 BR 6.08317% 20-JAN-2032, 6.08%, 01/20/32 ZAIS 2018-11A 98887YAQ0 - - 2,500,000 $2,520,656 $2,520,656 0.33 $2,491,507
Wells Fargo Commercial Mortgage Trust 2024-1CHI C 6.433771% 15-JUL-2035, 5.81%, 07/15/35 WFCM 2024-1CHI 95003PAE1 - - 2,500,000 $2,515,221 $2,515,221 0.33 $2,503,114
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2022-DNA1 B2 11.45201% 25-JAN-2042, 11.44%, 01/25/42 STACR 2022-DNA1 35564KQZ5 - - 2,350,000 $2,507,762 $2,507,762 0.33 $2,503,282
BX Commercial Mortgage Trust 2024-AIRC D 7.40823% 15-AUG-2041, 7.41%, 08/15/39 BX 2024-AIRC 12433CAG0 - - 2,500,000 $2,505,435 $2,505,435 0.33 $2,497,204
EFMT 2025-CES1 A1B 5.877% 25-JAN-2060, 5.88%, 01/25/60 EFMT 2025-CES1 26846VAB0 - - 2,483,238 $2,503,414 $2,503,414 0.33 $2,491,252
MTN Commercial Mortgage Trust 2022-LPFL B 6.2156% 15-MAR-2039, 6.22%, 03/15/39 MTN 2022-LPFL 62475WAC9 - - 2,500,000 $2,495,954 $2,495,954 0.33 $2,489,048
COLT 2025-INV2 Mortgage Loan Trust A2 5.803% 25-FEB-2070, 5.80%, 02/25/70 COLT 2025-INV2 12673UAB0 - - 2,453,930 $2,469,463 $2,469,463 0.33 $2,457,596
Citigroup Commercial Mortgage Trust 2021-PRM2 G 8.934% 15-JUN-2036, 8.93%, 10/15/38 CGCMT 2021-PRM2 17291HAS3 - - 2,400,000 $2,411,199 $2,411,199 0.32 $2,401,669
Hudson's Bay Simon JV Trust 2015-HBS B10 4.9056% 05-AUG-2034, 4.91%, 08/05/34 HBCT 44422PBW1 - - 2,500,000 $2,407,163 $2,407,163 0.32 $2,396,943
Reach ABS Trust 2024-1 C 6.9% 15-FEB-2031, 6.90%, 02/18/31 REACH 2024-1A 75526PAC5 - - 2,295,000 $2,353,913 $2,353,913 0.31 $2,346,875
Brean Asset Backed Securities Trust 2024-RM8|4.5|05/25/2064, 4.50%, 05/25/64 BABS 2024-RM8 10637YAB1 - - 2,560,000 $2,353,118 $2,353,118 0.31 $2,351,198
Huntington Bank Auto Credit-Linked Notes, Series 2024-2 C 6.94436% 20-OCT-2032, 6.94%, 10/20/32 HACLN 2024-2 44644NAJ8 - - 2,329,324 $2,341,925 $2,341,925 0.31 $2,336,983
LHOME Mortgage Trust 2024-RTL1 A1 7.017% 25-JAN-2029, 7.02%, 01/25/29 LHOME 2024-RTL1 50205DAA7 - - 2,311,000 $2,335,591 $2,335,591 0.31 $2,332,888
SREIT Commercial Mortgage Trust 2021-MFP2 F 7.0522% 15-NOV-2036, 7.05%, 11/15/36 SREIT 2021-MFP2 85236WCQ7 - - 2,334,000 $2,321,322 $2,321,322 0.31 $2,314,007
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA4 B2 11.35201% 25-DEC-2041, 11.34%, 12/25/41 STACR 2021-HQA4 35564KPP8 - - 2,150,000 $2,306,519 $2,306,519 0.31 $2,302,456
Vontive Mortgage Trust 2025-RTL1|6.507|03/25/2030, 6.51%, 03/25/30 VNTV 2025-RTL1 928884AA3 - - 2,283,000 $2,286,494 $2,286,494 0.30 $2,284,843
Connecticut Avenue Securities, Series 2021-R03 1B1 7.08969% 25-DEC-2041, 7.09%, 12/25/41 CAS 2021-R03 20754AAF0 - - 2,250,000 $2,283,596 $2,283,596 0.30 $2,280,938
Compass Datacenters Issuer II, Series 2024-2 B1_2402 25-AUG-2049, 6.00%, 08/25/49 CMPDC 2024-2A 20469AAE9 - - 2,250,000 $2,236,258 $2,236,258 0.30 $2,234,009
Angel Oak Mortgage Trust 2024-5 A3 4.95% 25-JUL-2068, 4.95%, 07/25/68 AOMT 2024-5 03465YAC1 - - 2,265,201 $2,225,075 $2,225,075 0.30 $2,215,731
Finance Of America Structured Securities Trust Series 2024-S2|3.5|04/25/2074, 3.50%, 04/25/74 FASST 2024-S2 31739VAA2 - - 2,289,449 $2,201,035 $2,201,035 0.29 $2,199,699
BXP Trust 2017-GM D 3.53896% 13-JUN-2039, 3.42%, 06/13/39 BXP 056083AL2 - - 2,310,000 $2,184,566 $2,184,566 0.29 $2,177,974
Saluda Grade Alternative Mortgage Trust 2024-FIG5 B 6.603% 25-APR-2054, 6.60%, 04/25/54 GRADE 2024-FIG5 79582MAB7 - - 2,045,050 $2,096,192 $2,096,192 0.28 $2,084,939
OPEN Trust 2023-AIR B 8.157177% 15-NOV-2040, 8.16%, 11/15/40 OPEN 2023-AIR 68373BAC5 - - 2,080,000 $2,091,566 $2,091,566 0.28 $2,084,025
BX Commercial Mortgage Trust 2021-VINO E 6.38633% 15-MAY-2038, 6.39%, 05/15/38 BX 2021-VINO 05608KAJ9 - - 2,067,100 $2,067,799 $2,067,799 0.27 $2,061,932
LIFE 2022-BMR2 Mortgage Trust C 6.4123% 15-MAY-2039, 6.41%, 05/15/39 LIFE 2022-BMR2 53218DAG3 - - 2,250,000 $2,065,812 $2,065,812 0.27 $2,059,400
Huntington Bank Auto Credit-Linked Notes, Series 2024-1 C 7.49436% 20-MAY-2032, 7.49%, 05/20/32 HACLN 2024-1 44644NAC3 - - 2,025,728 $2,050,805 $2,050,805 0.27 $2,046,166
LIFE 2022-BMR2 Mortgage Trust D 6.86109% 15-MAY-2039, 6.86%, 05/15/39 LIFE 2022-BMR2 53218DAJ7 - - 2,215,000 $2,047,725 $2,047,725 0.27 $2,040,971
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA3 B1 7.70201% 25-SEP-2041, 7.69%, 09/25/41 STACR 2021-HQA3 35564KKK4 - - 2,000,000 $2,045,067 $2,045,067 0.27 $2,042,500
Post Road Equipment Finance 2025-1 E 7.08% 15-MAY-2032, 7.08%, 05/17/32 PREF 2025-1A 73747LAF5 - - 2,000,000 $2,035,371 $2,035,371 0.27 $2,029,077
Mission Lane Credit Card Master Trust Series 2023-A 2302_C 9.67% 15-NOV-2028, 9.67%, 11/15/28 MLANE 2023-B 60510MAV0 - - 2,000,000 $2,035,209 $2,035,209 0.27 $2,026,613
Gracie Point International Funding, Series 2023-1 D 9.43146% 01-SEP-2026, 8.92%, 09/01/26 GPIF 2023-1A 383931AD4 - - 2,000,000 $2,024,252 $2,024,252 0.27 $2,010,369
Libra Solutions 2024-1 A 5.88% 30-SEP-2038, 5.88%, 09/30/38 OASIS 2024-1A 53161XAA9 - - 2,000,000 $2,007,801 $2,007,801 0.27 $1,997,021
BX Commercial Mortgage Trust 2024-AIR2 C 6.56024% 15-OCT-2041, 6.56%, 10/15/41 BX 2024-AIR2 05613QAE0 - - 2,000,000 $2,004,752 $2,004,752 0.27 $1,998,920
BX Trust 2021-BXMF G 7.783513% 15-OCT-2038, 7.78%, 10/15/26 BX 2021-BXMF 05609RAS3 - - 2,040,266 $2,003,200 $2,003,200 0.27 $1,996,143
BX Commercial Mortgage Trust 2024-WPT D 7.00888% 15-APR-2041, 7.00%, 03/15/34 BX 2024-WPT 05612JAG2 - - 2,000,000 $1,999,511 $1,999,511 0.27 $1,993,287
Reach ABS Trust 2025-1 C 5.99% 15-AUG-2032, 5.99%, 08/16/32 REACH 2025-1A 75525PAC6 - - 2,000,000 $1,997,773 $1,997,773 0.27 $1,992,448
CONE Trust 2024-DFW1 A 5.96091% 15-AUG-2041, 5.96%, 08/15/41 CONE 2024-DFW1 20682AAA8 - - 2,000,000 $1,997,412 $1,997,412 0.27 $1,992,114
GWT Commercial Mortgage Trust 2024-WLF2 E 7.95761% 15-MAY-2041, 7.96%, 05/15/41 GWT 2024-WLF2 362414AJ3 - - 2,000,000 $1,992,622 $1,992,622 0.26 $1,985,549
CSMC 2021-BHAR C 6.434% 15-NOV-2038, 6.43%, 11/15/38 CSMC 2021-BHAR 12659VAJ9 - - 2,000,000 $1,979,847 $1,979,847 0.26 $1,974,127
BAMLL Re-REMIC Trust 2025-FRR5 E736 0.975438% 27-SEP-2052, 0.98%, 09/27/52 BAMLL 05494BAJ6 - - 2,405,067 $1,976,955 $1,976,955 0.26 $1,974,988
Jersey Mike's Funding, Series 2019-1 A2 4.433% 15-FEB-2050, 4.43%, 02/15/50 JMIKE 2019-1A 476681AA9 - - 1,980,000 $1,972,584 $1,972,584 0.26 $1,961,369
Alterna Funding III B 7.136% 15-MAY-2039, 7.14%, 05/16/39 TAX 2024-1A 02157JAC9 - - 1,929,764 $1,948,534 $1,948,534 0.26 $1,942,414
ACHV ABS Trust 2023-4CP D 8.6% 25-NOV-2030, 8.60%, 11/25/30 ACHV 2023-4CP 00092CAD4 - - 1,894,000 $1,928,590 $1,928,590 0.26 $1,925,875
Santander Bank Auto Credit-Linked Notes, Series 2023-B E 8.408% 15-DEC-2033, 8.41%, 12/15/33 SBCLN 2023-B 80290CCE2 - - 1,895,034 $1,913,991 $1,913,991 0.25 $1,906,909
SMRT Commercial Mortgage Trust 2022-MINI F 7.66918% 15-JAN-2039, 7.67%, 01/15/39 SMRT 2022-MINI 78457JAQ5 - - 2,025,000 $1,910,821 $1,910,821 0.25 $1,903,918
FIGRE Trust 2023-HE3 A 6.436% 25-NOV-2053, 6.44%, 11/25/53 FIGRE 2023-HE3 31684CAA9 - - 1,875,710 $1,906,877 $1,906,877 0.25 $1,904,865
Hudson's Bay Simon JV Trust 2015-HBS A10 4.1545% 05-AUG-2034, 4.15%, 08/05/34 HBCT 2015-HB10 44422PBN1 - - 1,960,000 $1,903,484 $1,903,484 0.25 $1,896,698
RCKT Mortgage Trust 2024-CES8 A1B 5.64082% 25-OCT-2044, 5.64%, 11/25/44 RCKT 2024-CES8 749421AB9 - - 1,892,957 $1,901,317 $1,901,317 0.25 $1,892,419
COMM 2016-667M A 3.14% 10-OCT-2036, 3.14%, 10/10/36 COMM 12636GAA9 - - 2,120,000 $1,879,184 $1,879,184 0.25 $1,873,637
FHF Issuer Trust 2024-2 (First Help Financial) D 7.15% 15-SEP-2031, 7.15%, 09/15/31 FHF 2024-2A 30336NAJ0 - - 1,800,000 $1,875,067 $1,875,067 0.25 $1,869,347
BX Commercial Mortgage Trust 2024-XL5 D 7.00898% 15-MAR-2041, 7.01%, 03/15/41 BX 2024-XL5 05612GAG8 - - 1,815,877 $1,816,969 $1,816,969 0.24 $1,811,312
COLT 2025-INV2 Mortgage Loan Trust A3 5.954% 25-FEB-2070, 5.95%, 02/25/70 COLT 2025-INV2 12673UAC8 - - 1,799,789 $1,811,952 $1,811,952 0.24 $1,803,022
Connecticut Avenue Securities Trust 2023-R08 1B1 7.88969% 25-OCT-2043, 7.89%, 10/25/43 CAS 2023-R08 20755CAF5 - - 1,730,000 $1,803,674 $1,803,674 0.24 $1,801,399
BXHPP Trust 2021-FILM C 5.534% 15-AUG-2036, 5.53%, 08/15/36 BXHPP 2021-FILM 05609JAL6 - - 1,950,000 $1,800,687 $1,800,687 0.24 $1,795,891
Business Jet Securities, Series 2024-1 B 6.924% 15-MAY-2039, 6.92%, 05/15/39 BJETS 2024-1A 12327CAB0 - - 1,714,748 $1,761,566 $1,761,566 0.23 $1,756,289
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 $1,747,400 $1,747,400 0.23 $1,737,081
Gracie Point International Funding, Series 2024-1 B 7.03146% 01-MAR-2028, 6.52%, 03/01/28 GPIF 2024-1A 38410KAB5 - - 1,724,000 $1,736,570 $1,736,570 0.23 $1,727,825
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 $1,729,453 $1,729,453 0.23 $1,726,942
Brean Asset Backed Securities Trust 2024-RM9|5|09/25/2064, 5.00%, 09/25/64 BABS 2024-RM9 10638DAA8 - - 1,744,581 $1,712,356 $1,712,356 0.23 $1,710,903
Chase Auto Credit Linked Notes, Series 2021-2 G 8.482% 25-DEC-2028, 8.48%, 12/26/28 CACLN 2021-2 48128U2S7 - - 1,690,876 $1,702,784 $1,702,784 0.23 $1,700,394
Ally Bank Auto Credit-Linked Notes, Series 2024-B E 6.678% 15-SEP-2032, 6.68%, 09/15/32 ABCLN 2024-B 02007G4F7 - - 1,673,929 $1,685,303 $1,685,303 0.22 $1,680,335
Starwood Property Trust, Inc. 6.5% 15-OCT-2030, 6.50%, 10/15/30 STWD 85571BBE4 - - 1,687,000 $1,674,395 $1,674,395 0.22 $1,674,395
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 $1,666,899 $1,666,899 0.22 $1,656,290
COMM 2024-WCL1 Mortgage Trust A 6.161% 17-JUN-2041, 6.16%, 06/15/41 COMM 2024-WCL 20047DAA2 - - 1,670,000 $1,662,062 $1,662,062 0.22 $1,657,490
CarMax Auto Owner Trust 2024-1 D 6.0% 15-JUL-2030, 6.00%, 07/15/30 CARMX 2024-1 14318WAH0 - - 1,620,000 $1,648,887 $1,648,887 0.22 $1,644,567
UMBS TBA 30yr 4% April Delivery, 4.00%, 04/14/25 FNCL 01F040644 - - 1,738,000 $1,618,087 $1,618,087 0.22 $1,618,087
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA4 M2 6.70201% 25-DEC-2041, 6.69%, 12/25/41 STACR 2021-HQA4 35564KNS4 - - 1,600,000 $1,615,586 $1,615,586 0.21 $1,613,802
Ally Bank Auto Credit-Linked Notes, Series 2024-B F 8.036% 15-SEP-2032, 8.04%, 09/15/32 ABCLN 2024-B 02007G4G5 - - 1,590,233 $1,609,224 $1,609,224 0.21 $1,603,545
Verus Securitization Trust 2024-7 A1 5.095% 25-SEP-2069, 5.09%, 09/25/69 VERUS 2024-7 924925AA8 - - 1,610,829 $1,608,299 $1,608,299 0.21 $1,601,459
ExteNet Issuer, Series 2024-1 C_241 9.05% 25-JUL-2054, 9.05%, 07/25/54 EXTNT 2024-1A 30227XAL5 - - 1,500,000 $1,604,966 $1,604,966 0.21 $1,602,703
Hotwire Funding, Series 2024-1 C_2024_1 9.188% 20-JUN-2054, 9.19%, 06/20/54 HWIRE 44148JAM1 - - 1,500,000 $1,585,105 $1,585,105 0.21 $1,580,894
CF Hippolyta Net-Lease Mortgage Notes, Series 2020-1 A1_2020_1 1.69% 15-JUL-2060, 1.69%, 07/15/60 SORT 2020-1 12530MAA3 - - 1,596,717 $1,577,094 $1,577,094 0.21 $1,575,895
Connecticut Avenue Securities Trust 2025-R01 1B1 6.05201% 25-JAN-2045, 6.04%, 01/25/45 CAS 2025-R01 20755JAG8 - - 1,563,039 $1,560,009 $1,560,009 0.21 $1,551,079
Tricolor Auto Securitization Trust 2024-1 D 8.61% 15-APR-2028, 8.61%, 04/17/28 TAST 2024-1A 89616LAD4 - - 1,500,000 $1,552,949 $1,552,949 0.21 $1,547,209
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 $1,546,538 $1,546,538 0.21 $1,541,958
DC Trust 2024-HLTN C 7.286102% 13-APR-2040, 7.04%, 04/13/40 DC 2024-HLTN 24022FAG5 - - 1,500,000 $1,540,178 $1,540,178 0.20 $1,531,383
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 $1,537,369 $1,537,369 0.20 $1,532,939
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 $1,525,774 $1,525,774 0.20 $1,519,596
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 $1,522,779 $1,522,779 0.20 $1,518,326
CALI Mortgage Trust 2019-101C B 4.158% 10-MAR-2039, 4.16%, 03/10/39 CALI 129890AG4 - - 1,700,000 $1,519,771 $1,519,771 0.20 $1,513,880
Connecticut Avenue Securities Trust 2024-R05 25-JUL-2044, 5.34%, 07/25/44 CAS 2024-R05 20754XAB9 - - 1,519,818 $1,518,558 $1,518,558 0.20 $1,517,205
OnDeck Asset Securitization IV, Series 2025-1 C 6.64% 17-APR-2032, 6.64%, 04/19/32 ONDK 2025-1A 68237DAC7 - - 1,500,000 $1,505,883 $1,505,883 0.20 $1,502,840
JW Commercial Mortgage Trust 2024-MRCO C 6.70923% 15-JUN-2039, 6.71%, 06/15/39 JW 2024-MRCO 46657XAE6 - - 1,500,000 $1,502,132 $1,502,132 0.20 $1,497,659
BX Trust 2021-ARIA E 6.6785% 15-OCT-2036, 6.68%, 10/15/36 BX 2021-ARIA 05608RAL9 - - 1,500,000 $1,500,945 $1,500,945 0.20 $1,496,493
Herbalife Ltd. 4.25% 15-JUN-2028, 4.25%, 06/15/28 HLF 42703MAF0 - - 1,702,000 $1,498,805 $1,498,805 0.20 $1,477,506
Huntington Bank Auto Credit-Linked Notes, Series 2024-2 D 8.34436% 20-OCT-2032, 8.34%, 10/20/32 HACLN 2024-2 44644NAK5 - - 1,481,549 $1,494,042 $1,494,042 0.20 $1,490,265
TSC SPV Funding, Series 2024-1 (Tropical Smoothie Cafe) A2 6.291% 20-AUG-2054, 6.29%, 08/20/54 TROP 2024-1A 898912AA8 - - 1,496,250 $1,492,141 $1,492,141 0.20 $1,481,420
Foundation Finance Trust 2024-1 D 8.13% 15-DEC-2049, 8.13%, 12/15/49 FFIN 2024-1A 349941AD6 - - 1,406,067 $1,490,366 $1,490,366 0.20 $1,485,286
ACHV ABS Trust 2023-1PL (Freed) D 8.47% 18-MAR-2030, 8.47%, 03/18/30 ACHV 2023-1PL 00091XAD9 - - 1,448,074 $1,477,537 $1,477,537 0.20 $1,473,108
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 $1,469,159 $1,469,159 0.20 $1,458,667
Rithm Capital Corp. 8.0% 01-APR-2029, 8.00%, 04/01/29 RITM 64828TAB8 - - 1,417,000 $1,468,728 $1,468,728 0.20 $1,412,048
RCKT Mortgage Trust 2024-CES6 A1B 5.546% 25-SEP-2044, 5.55%, 09/25/44 RCKT 2024-CES6 749410AB2 - - 1,453,678 $1,458,396 $1,458,396 0.19 $1,451,678
Huntington Bank Auto Credit-Linked Notes, Series 2025-1 D 7.85235% 20-MAR-2033, 0.00%, 03/21/33 HACLN 2025-1 446438TA1 - - 1,450,000 $1,449,983 $1,449,983 0.19 $1,449,983
LIFE 2021-BMR Mortgage Trust F 6.784% 15-MAR-2038, 6.78%, 03/15/38 LIFE 2021-BMR 53218CAL4 - - 1,484,000 $1,439,479 $1,439,479 0.19 $1,435,005
LHOME Mortgage Trust 2024-RTL3 A2 8.373% 25-MAY-2029, 8.37%, 05/25/29 LHOME 2024-RTL3 50205GAB8 - - 1,400,000 $1,422,251 $1,422,251 0.19 $1,420,297
DBGS 2018-BIOD Mortgage Trust F 6.61501% 15-MAY-2035, 6.62%, 05/15/35 DBGS 2018-BIOD 23306GAL1 - - 1,417,500 $1,400,684 $1,400,684 0.19 $1,396,517
RAM 2024-1 A 5.95% 15-FEB-2039, 6.67%, 02/15/39 RAM 2024-1 751313AA5 - - 1,345,535 $1,358,414 $1,358,414 0.18 $1,354,426
CF Hippolyta Net-Lease Mortgage Notes, Series 2020-1 B1_2020_1 2.28% 15-JUL-2060, 2.28%, 07/15/60 SORT 2020-1 12530MAC9 - - 1,371,664 $1,351,629 $1,351,629 0.18 $1,350,239
BAMLL Re-REMIC Trust 2025-FRR5 EK86 0.0% 27-NOV-2051, 0.00%, 11/27/51 BAMLL 05494BBJ5 - - 1,892,604 $1,348,006 $1,348,006 0.18 $1,348,006
Bayview Opportunity Master Fund VII Trust 2024-CAR1 D 6.38969% 25-DEC-2031, 6.39%, 12/26/31 BVCLN 2024-CAR1 07336QAD4 - - 1,327,179 $1,340,650 $1,340,650 0.18 $1,339,236
Mission Lane Credit Card Master Trust Series 2023-A 2302_A 7.69% 15-NOV-2028, 7.69%, 11/15/28 MLANE 2023-B 60510MAT5 - - 1,278,000 $1,293,674 $1,293,674 0.17 $1,289,306
Garda World Security Corporation 6.0% 01-JUN-2029, 6.00%, 06/01/29 GWCN 36485MAL3 - - 1,333,000 $1,281,917 $1,281,917 0.17 $1,255,257
BX Trust 2021-MFM1 E 6.684% 15-JAN-2034, 6.68%, 01/15/34 BX 2021-MFM1 05608VAL0 - - 1,283,520 $1,275,047 $1,275,047 0.17 $1,271,234
BX Trust 2024-CNYN C 6.26034% 15-APR-2041, 6.26%, 04/15/41 BX 2024- CNYN 05612HAE1 - - 1,267,924 $1,269,175 $1,269,175 0.17 $1,265,647
BAMLL Re-REMIC Trust 2025-FRR5 EK73 0.009926% 27-FEB-2051, 0.01%, 02/27/51 BAMLL 05494BAW7 - - 1,784,783 $1,251,594 $1,251,594 0.17 $1,251,579
COMM 2024-WCL1 Mortgage Trust D 7.609% 17-JUN-2041, 7.61%, 06/15/41 COMM 2024-WCL1 20047DAG9 - - 1,250,000 $1,250,245 $1,250,245 0.17 $1,246,018
COMM 2024-WCL1 Mortgage Trust C 7.209% 17-JUN-2041, 7.21%, 06/15/41 COMM 2024-WCL1 20047DAE4 - - 1,250,000 $1,247,665 $1,247,665 0.17 $1,243,661
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 $1,226,989 $1,226,989 0.16 $1,223,554
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 $1,224,947 $1,224,947 0.16 $1,221,608
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA3 B2 10.60201% 25-SEP-2041, 10.59%, 09/25/41 STACR 2021-HQA3 35564KKL2 - - 1,170,000 $1,223,570 $1,223,570 0.16 $1,221,505
FIGRE Trust 2024-HE1 C 6.749% 25-MAR-2054, 6.75%, 03/25/54 FIGRE 2024-HE1 31684HAC4 - - 1,189,422 $1,217,632 $1,217,632 0.16 $1,216,295
Foundation Finance Trust 2023-2 D 9.1% 15-JUN-2049, 9.10%, 06/15/49 FFIN 2023-2A 35042RAD8 - - 1,120,000 $1,201,127 $1,201,127 0.16 $1,196,597
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 $1,200,023 $1,200,023 0.16 $1,195,489
LHOME Mortgage Trust 2024-RTL2 A2 8.897% 25-MAR-2029, 8.90%, 03/25/29 LHOME 2024-RTL2 50205JAB2 - - 1,175,000 $1,196,559 $1,196,559 0.16 $1,194,817
SREIT Trust 2021-FLWR D 5.809042% 22-JUL-2036, 5.80%, 07/15/36 SREIT 78485GAL8 - - 1,200,000 $1,194,764 $1,194,764 0.16 $1,191,670
DROP Mortgage Trust 2021-FILE A 5.584% 15-OCT-2043, 5.58%, 10/15/43 DROP 2021-FILE 26210YAA4 - - 1,250,000 $1,187,862 $1,187,862 0.16 $1,184,760
MTN Commercial Mortgage Trust 2022-LPFL D 7.2628% 15-MAR-2039, 7.26%, 03/15/39 MTN 2022-LPFL 62475WAG0 - - 1,175,000 $1,175,700 $1,175,700 0.16 $1,171,907
Connecticut Avenue Securities, Series 2021-R02 2B1 7.65201% 25-NOV-2041, 7.64%, 11/25/41 CAS 2021-R02 20754KAF8 - - 1,141,001 $1,165,748 $1,165,748 0.15 $1,164,295
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-HQA4 B1 8.10201% 25-DEC-2041, 8.09%, 12/25/41 STACR 2021-HQA4 35564KPN3 - - 1,035,000 $1,063,442 $1,063,442 0.14 $1,062,047
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 $1,048,794 $1,048,794 0.14 $1,045,496
Reach ABS Trust 2024-2 D 8.83% 15-JUL-2031, 8.83%, 07/15/31 REACH 2024-2A 75525HAD2 - - 1,000,000 $1,044,465 $1,044,465 0.14 $1,040,540
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 $1,038,278 $1,038,278 0.14 $1,032,300
SBNA Auto Receivables Trust 2024-A E 8.0% 15-APR-2032, 8.00%, 04/15/32 SBAT 2024-A 78437PAH6 - - 1,000,000 $1,037,314 $1,037,314 0.14 $1,033,758
OnDeck Asset Securitization IV, Series 2024-1 C 8.99% 17-JUN-2031, 8.99%, 06/17/31 ONDK 67118NAC1 - - 1,000,000 $1,035,709 $1,035,709 0.14 $1,032,213
PRPM 2021-11 A1 5.487% 25-NOV-2026, 5.49%, 11/25/26 PRPM 2021-11 69362QAA7 - - 1,024,111 $1,031,116 $1,031,116 0.14 $1,030,180
LIFE 2021-BMR Mortgage Trust E 6.184% 15-MAR-2038, 6.18%, 03/15/38 LIFE 2021-BMR 53218CAJ9 - - 1,050,000 $1,030,803 $1,030,803 0.14 $1,027,917
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 $1,029,956 $1,029,956 0.14 $1,025,114
OnDeck Asset Securitization IV, Series 2024-1 B 7.15% 17-JUN-2031, 7.15%, 06/17/31 ONDK 67118NAB3 - - 1,000,000 $1,028,987 $1,028,987 0.14 $1,026,206
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA7 B1 7.98969% 25-NOV-2041, 7.99%, 11/25/41 STACR 2021-DNA7 35564KND7 - - 1,000,000 $1,028,832 $1,028,832 0.14 $1,027,500
MHC Commercial Mortgage Trust 2021-MHC G 7.635442% 15-APR-2038, 7.63%, 04/15/38 MHC 2021-MHC 55316VAN4 - - 1,020,000 $1,014,908 $1,014,908 0.13 $1,011,448
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 $1,007,466 $1,007,466 0.13 $1,006,508
BX Commercial Mortgage Trust 2024-AIR2 D 7.10945% 15-OCT-2041, 7.11%, 10/15/41 BX 2024-AIR2 05613QAG5 - - 1,000,000 $1,003,938 $1,003,938 0.13 $1,000,778
BX Trust 2024-VLT4 D 6.759232% 15-JUN-2041, 6.76%, 07/15/29 BX 2024-VLT4 05612TAG0 - - 1,000,000 $993,190 $993,190 0.13 $990,186
PRET 2025-RPL2 Trust|4|08/25/2064, 4.00%, 08/25/64 PRET 2025-RPL2 69392LAA2 - - 1,039,000 $990,835 $990,835 0.13 $990,142
FIGRE Trust 2025-HE2|5.775|01/31/2055, 5.78%, 01/31/55 FIGRE 2025-HE2 31684KAA1 - - 971,000 $975,668 $975,668 0.13 $970,995
PRPM 2024-RPL1 A2 4.303871% 25-DEC-2064, 4.18%, 12/25/64 PRPM 2024-RPL1 69380XAB8 - - 1,000,000 $958,536 $958,536 0.13 $948,150
Bayview Opportunity Master Fund VII Trust 2024-CAR1 E 7.93969% 25-DEC-2031, 7.94%, 12/26/31 BVCLN 2024-CAR1 07336QAE2 - - 938,599 $956,140 $956,140 0.13 $954,898
Towd Point Mortgage Trust 2024-CES2 A1B 6.35% 25-FEB-2064, 6.35%, 02/25/64 TPMT 2024-CES2 89182JAB7 - - 942,474 $952,682 $952,682 0.13 $947,695
Connecticut Avenue Securities, Series 2021-R02 2M2 6.35201% 25-NOV-2041, 6.34%, 11/25/41 CAS 2021-R02 20754KAB7 - - 941,210 $945,636 $945,636 0.13 $944,641
Theorem Funding Trust 2022-3 B 8.95% 15-APR-2029, 8.95%, 04/15/29 THRM 2022-3A 882925AB6 - - 900,000 $924,125 $924,125 0.12 $920,545
Marlette Funding Trust 2023-2 D 7.92% 15-JUN-2033, 7.92%, 06/15/33 MFT 2023-2A 57109LAD5 - - 900,000 $916,801 $916,801 0.12 $913,633
Crockett Partners Equipment Company IIA C 10.16% 20-JAN-2031, 10.16%, 01/20/31 EQS 2024-1C 22689LAC9 - - 878,788 $911,622 $911,622 0.12 $908,894
Santander Bank Auto Credit Linked Notes Series 2024-B 18-JAN-2033, 12.23%, 01/18/33 SBCLN 2024-B 80280BAG3 - - 900,000 $911,602 $911,602 0.12 $906,710
Santander Bank Auto Credit Linked Notes Series 2024-B 18-JAN-2033, 8.88%, 01/18/33 SBCLN 2024-B 80280BAF5 - - 900,000 $907,521 $907,521 0.12 $903,969
Finance Of America Structured Securities Trust Series 2024-S1|3.5|02/25/2074, 3.50%, 02/25/74 FASST 2024-S1 31740RAB6 - - 935,212 $901,701 $901,701 0.12 $901,155
Crockett Partners Equipment Company IIA B 6.78% 20-JAN-2031, 6.78%, 01/20/31 EQS 2024-1C 22689LAB1 - - 878,788 $897,922 $897,922 0.12 $896,101
FIGRE Trust 2024-HE4 C 5.301% 25-SEP-2054, 5.30%, 09/25/54 FIGRE 2024-HE4 31684UAC5 - - 893,942 $889,006 $889,006 0.12 $888,216
LHOME Mortgage Trust 2022-RTL3 A1 8.15% 25-NOV-2027, 8.15%, 11/25/27 LHOME 2022-RTL3 50204UAA0 - - 885,753 $887,932 $887,932 0.12 $886,729
MKT 2020-525M Mortgage Trust F 3.03862% 12-FEB-2040, 2.94%, 02/12/40 MKT 55316PAN7 - - 1,541,000 $866,718 $866,718 0.12 $862,941
BX Trust 2024-BRBK B 8.24578% 15-OCT-2041, 8.24%, 10/15/41 BX 2024-BRBK 05613NAG2 - - 850,000 $854,253 $854,253 0.11 $851,139
BX Trust 2024-BRBK A 7.19882% 15-OCT-2041, 7.20%, 10/15/41 BX 2024-BRBK 05613NAA5 - - 850,000 $853,738 $853,738 0.11 $851,020
Bayview Opportunity Master Fund VII Trust 2024-EDU1 C 6.15201% 25-JUN-2047, 6.14%, 06/25/47 BVCLN 2024-EDU1 07336PAC8 - - 852,799 $849,785 $849,785 0.11 $849,348
Westgate Resorts 2024-1 D 9.26% 20-JAN-2038, 9.26%, 01/20/38 WESTR 2024-1A 96034KAD5 - - 829,028 $846,680 $846,680 0.11 $840,282
Westgate Resorts 2024-1 C 7.06% 20-JAN-2038, 7.06%, 01/20/38 WESTR 2024-1A 96034KAC7 - - 829,028 $845,725 $845,725 0.11 $840,847
RCKT Mortgage Trust 2024-CES1 A1B 6.325% 25-FEB-2044, 6.33%, 02/25/44 RCKT 2024-CES1 749424AB3 - - 834,639 $843,620 $843,620 0.11 $839,220
Chase Mortgage Reference Notes, Series 2020-CL1 M4 8.78448% 25-OCT-2057, 8.78%, 10/25/57 CHASE 2020-CL1 46591HAK6 - - 788,962 $837,688 $837,688 0.11 $836,533
Angel Oak Mortgage Trust 2025-2 A3 5.941% 25-FEB-2070, 5.94%, 02/25/70 AOMT 2025-2 03466QAC7 - - 816,008 $821,781 $821,781 0.11 $817,741
Hudson's Bay Simon JV Trust 2015-HBS C10 5.628567% 05-AUG-2034, 5.45%, 08/05/34 HBCT 2015-HB10 44422PBY7 - - 859,000 $802,260 $802,260 0.11 $798,361
AMC Networks Inc. 10.25% 15-JAN-2029, 10.25%, 01/15/29 AMCX 00164VAG8 - - 755,000 $799,650 $799,650 0.11 $783,312
NetCredit Combined Receivables 2024 A 7.43% 20-OCT-2030, 7.43%, 10/21/30 ENVA 2024-A 64113EAA7 - - 791,204 $797,276 $797,276 0.11 $795,480
Connecticut Avenue Securities Trust 2024-R03 2M2 6.28969% 25-MAR-2044, 6.29%, 03/25/44 CAS 2024-R03 207941AB1 - - 788,000 $793,679 $793,679 0.11 $788,991
Huntington Bank Auto Credit-Linked Notes, Series 2024-1 D 9.59436% 20-MAY-2032, 9.59%, 05/20/32 HACLN 2024-1 44644NAD1 - - 759,648 $778,598 $778,598 0.10 $776,371
Exeter Automobile Receivables Trust 2024-1 E 7.89% 15-AUG-2031, 7.89%, 08/15/31 EART 2024-1A 30167PAG5 - - 750,000 $776,364 $776,364 0.10 $773,734
Sierra Timeshare 2024-3 Receivables Funding D 6.93% 20-JUN-2041, 6.93%, 08/20/41 SRFC 2024-3A 82653BAD5 - - 777,938 $766,625 $766,625 0.10 $764,978
Prosper Marketplace Issuance Trust, Series 2024-1 C 6.96% 15-AUG-2029, 6.96%, 08/15/29 PMIT 74363CAC3 - - 750,000 $762,578 $762,578 0.10 $760,258
Towd Point Mortgage Trust 2024-CES1 A1B 6.049% 25-JAN-2064, 6.05%, 01/25/64 TPMT 2024-CES1 89183CAB1 - - 756,061 $761,430 $761,430 0.10 $757,619
CENT Trust 2023-CITY B 7.46918% 15-SEP-2038, 7.47%, 09/15/38 CENT 2023-CITY 12516WAC5 - - 750,000 $751,508 $751,508 0.10 $749,019
Ally Bank Auto Credit-Linked Notes, Series 2024-A F 9.892% 15-MAY-2032, 9.89%, 05/17/32 ABCLN 2024-A 02007GZ97 - - 697,769 $720,911 $720,911 0.10 $717,843
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 $718,763 $718,763 0.10 $717,694
Marlette Funding Trust 2023-1 D 8.15% 15-APR-2033, 8.15%, 04/15/33 MFT 2023-1A 57110PAD3 - - 700,000 $714,309 $714,309 0.09 $711,774
Connecticut Avenue Securities, Series 2021-R01 1M2 5.90201% 25-OCT-2041, 5.89%, 10/25/41 CAS 2021-R01 20754RAB2 - - 710,864 $712,135 $712,135 0.09 $711,437
Affirm Asset Securitization Trust 2024-A D_1 6.89% 15-FEB-2029, 6.89%, 02/15/29 AFFRM 2024-A 00834BAD9 - - 700,000 $707,071 $707,071 0.09 $704,928
Great Wolf Trust 2024-WOLF C 6.71018% 15-MAR-2039, 6.71%, 03/15/39 GWT 2024-WOLF 39152MAE5 - - 700,000 $702,611 $702,611 0.09 $700,523
Sierra Timeshare 2024-2 Receivables Funding D 7.48% 20-JUN-2041, 7.48%, 06/20/41 SRFC 2024-2A 82650DAD4 - - 664,561 $672,945 $672,945 0.09 $671,426
Teva Pharmaceutical Industries Limited Sponsored ADR TEVA US 881624209 6,882,172.00 - 43,173 $651,049 $651,049 0.09 $651,049
Saluda Grade Alternative Mortgage Trust 2023-FIG3 C 8.948% 25-AUG-2053, 8.95%, 08/25/53 GRADE 79582AAC1 - - 623,925 $645,948 $645,948 0.09 $641,296
Gracie Point International Funding, Series 2024-1 D 12.08146% 01-MAR-2028, 11.57%, 03/01/28 GPIF 2024-1A D 38410KAD1 - - 600,000 $605,830 $605,830 0.08 $600,429
New Economy Assets - Phase 1 Issuer, Series 2021-1 A1_2021_1 1.973667% 20-OCT-2061, 1.91%, 10/20/61 USRE 2021-1 643821AA9 - - 615,000 $574,303 $574,303 0.08 $573,944
Rain City Mortgage Trust 2024-RTL1 A2 8.021% 25-SEP-2029, 8.02%, 11/25/29 RCITY 2024-RTL1 75079KAB9 - - 560,000 $564,200 $564,200 0.07 $563,451
BX Trust 2022-FOX2 E 7.27835% 15-APR-2039, 7.28%, 04/15/39 BX 2022-FOX2 05610AAJ7 - - 563,956 $560,158 $560,158 0.07 $558,333
Ally Bank Auto Credit-Linked Notes, Series 2024-A E 7.917% 15-MAY-2032, 7.92%, 05/17/32 ABCLN 2024-A 02007GZ89 - - 547,749 $559,180 $559,180 0.07 $557,252
Angel Oak Mortgage Trust 2025-2 A2 5.789% 25-FEB-2070, 5.79%, 02/25/70 AOMT 2025-2 03466QAB9 - - 547,323 $553,320 $553,320 0.07 $550,679
Mello Warehouse Securitization Trust 2024-1 F 9.572% 25-OCT-2057, 9.57%, 10/25/57 MWST 2024-1 58553FAF2 - - 542,000 $543,392 $543,392 0.07 $542,527
TYSN 2023-CRNR Mortgage Trust A 6.79907% 10-DEC-2038, 6.58%, 12/10/33 TYSN 2023-CRNR 87332PAA8 - - 500,000 $526,782 $526,782 0.07 $524,040
Blue Bridge Funding 2023-1 C 9.5% 15-NOV-2030, 9.50%, 11/15/30 BBEF 2023-1A 09531MAC4 - - 546,000 $524,550 $524,550 0.07 $522,244
Connecticut Avenue Securities Trust 2024-R01 1M2 6.13969% 25-JAN-2044, 6.14%, 01/25/44 CAS 2024-R01 20753UAB6 - - 520,000 $521,929 $521,929 0.07 $521,397
Marlette Funding Trust 2023-4 B 8.15% 15-DEC-2033, 8.15%, 12/15/33 MFT 2023-4A 57108UAB0 - - 500,000 $521,814 $521,814 0.07 $520,003
Luxury Lease Partners Auto Lease Trust 2024-4 A 7.292% 15-JAN-2030, 7.29%, 07/15/30 LLP 2024-4 55068XAA8 - - 514,440 $519,786 $519,786 0.07 $518,119
Upstart Securitization Trust 2023-3 B 8.25% 20-OCT-2033, 8.25%, 10/20/33 UPST 2023-3 91684MAB9 - - 500,000 $518,844 $518,844 0.07 $517,584
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 $513,200 $513,200 0.07 $511,786
FIGRE Trust 2024-HE3 A 5.937% 25-JUL-2054, 5.94%, 07/25/54 FIGRE 2024-HE3 31684GAA0 - - 506,346 $512,763 $512,763 0.07 $512,262
Lendbuzz Securitization Trust 2024-1 B 6.58% 15-SEP-2029, 6.58%, 09/15/29 LBZZ 2024-1A 525935AC6 - - 500,000 $512,043 $512,043 0.07 $510,580
BHG Securitization Trust 2024-1CON (Bankers Healthcare Group) B 6.49% 17-APR-2035, 6.49%, 04/17/35 BHG 2024-1A 08862HAB8 - - 500,000 $510,777 $510,777 0.07 $509,515
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 $510,447 $510,447 0.07 $509,090
Bridgecrest Lending Auto Securitization Trust 2024-1 D 6.03% 15-NOV-2029, 6.03%, 11/15/29 BLAST 2024-1 107933AF0 - - 500,000 $509,763 $509,763 0.07 $508,423
WB Commercial Mortgage Trust 2024-HQ D 8.277827% 16-MAR-2040, 7.48%, 03/15/40 WB 2024-HQ 92943PAG6 - - 500,000 $509,320 $509,320 0.07 $506,205
LAD Auto Receivables Trust 2024-1 D 6.15% 15-JUN-2031, 6.15%, 06/16/31 LADAR 2024-1A 501689AG8 - - 500,000 $509,104 $509,104 0.07 $507,737
Tricolor Auto Securitization Trust 2024-1 C 6.99% 15-JAN-2028, 6.99%, 01/18/28 TAST 2024-1A 89616LAC6 - - 500,000 $508,223 $508,223 0.07 $506,670
Ally Auto Receivables Trust 2024-1 D 5.8% 15-FEB-2032, 5.80%, 02/16/32 ALLYA 2024-1 02008FAG9 - - 500,000 $507,331 $507,331 0.07 $506,042
BX Commercial Mortgage Trust 2023-VLT3 C 7.75718% 15-NOV-2042, 7.76%, 11/15/28 BX 2023-VLT3 05611GAE4 - - 500,000 $506,475 $506,475 0.07 $504,752
Affirm Asset Securitization Trust 2024-A D_2 6.89% 15-FEB-2029, 6.89%, 02/15/29 AFFRM 2024-A 00834BAJ6 - - 500,000 $505,051 $505,051 0.07 $503,520
Affirm Asset Securitization Trust 2024-A C_1 6.16% 15-FEB-2029, 6.16%, 02/15/29 AFFRM 2024-A 00834BAC1 - - 500,000 $504,773 $504,773 0.07 $503,404
Gracie Point International Funding, Series 2024-1 C 8.43146% 01-MAR-2028, 7.92%, 03/01/28 GPIF 2024-1A 38410KAC3 - - 500,000 $504,761 $504,761 0.07 $501,681
Exeter Automobile Receivables Trust 2024-1 D 5.84% 15-JUN-2030, 5.84%, 06/17/30 EART 2024-1A 30167PAF7 - - 500,000 $504,311 $504,311 0.07 $503,013
Prosper Marketplace Issuance Trust, Series 2023-1 B 7.48% 15-JUL-2029, 7.48%, 07/16/29 PMIT 2023-1A 74390NAC6 - - 500,000 $503,172 $503,172 0.07 $501,510
ILPT Commercial Mortgage Trust 2022-LPF2 E 10.25918% 15-OCT-2039, 10.25%, 10/15/39 ILPT 2022-LPF2 449652AJ5 - - 500,000 $500,410 $500,410 0.07 $498,132
Post Road Equipment Finance 2024-1 E 8.5% 15-OCT-2031, 8.50%, 12/15/31 PREF 2024-1A 737473AF5 - - 450,000 $466,877 $466,877 0.06 $465,177
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 - - 443,255 $449,456 $449,456 0.06 $448,954
RAM 2024-1 B 7.785% 15-FEB-2039, 7.79%, 02/15/39 RAM 2024-1 751313AB3 - - 441,959 $445,856 $445,856 0.06 $444,327
PRPM 2024-1 A1 6.959% 25-FEB-2029, 6.96%, 02/25/29 PRPM 2024-1 693972AA9 - - 438,771 $442,957 $442,957 0.06 $442,448
Bayview Opportunity Master Fund VII Trust 2024-EDU1 D 7.10201% 25-JUN-2047, 7.09%, 06/25/47 BVCLN 2024-EDU1 07336PAD6 - - 426,400 $437,104 $437,104 0.06 $436,852
Extended Stay America Trust 2021-ESH E 7.284% 15-JUL-2038, 7.28%, 07/15/38 ESA 2021-ESH 30227FAL4 - - 433,075 $433,908 $433,908 0.06 $432,506
Ally Bank Auto Credit-Linked Notes, Series 2024-A G 12.748% 15-MAY-2032, 12.75%, 05/17/32 ABCLN 2024-A 02007G2A0 - - 418,662 $427,859 $427,859 0.06 $425,487
Gls Auto Select Receivables Trust 2023-1 7.93% 15-JUL-2030, 7.93%, 07/15/30 GSAR 2023-1A 36267FAL2 - - 400,000 $425,391 $425,391 0.06 $423,981
Chase Mortgage Reference Notes, Series 2020-CL1 M3 7.78448% 25-OCT-2057, 7.78%, 10/25/57 CHASE 2020-CL1 46591HAJ9 - - 403,554 $422,336 $422,336 0.06 $421,812
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 - - 458,664 $414,032 $414,032 0.06 $413,722
Post Road Equipment Finance 2024-1 D 6.77% 15-OCT-2031, 6.77%, 10/15/30 PREF 2024-1A 737473AE8 - - 400,000 $411,092 $411,092 0.05 $409,888
Celanese Corporation CE US 150870103 - - 7,169 $410,067 $410,067 0.05 $410,067
Hudson's Bay Simon JV Trust 2015-HBS C7 5.330967% 05-AUG-2034, 5.17%, 08/05/34 HBCT 2015-HB7 44422PBE1 - - 410,000 $406,248 $406,248 0.05 $404,482
Connecticut Avenue Securities Trust 2023-R06 1B1 8.25201% 25-JUL-2043, 8.24%, 07/25/43 CAS 2023-R06 20754EAF2 - - 375,000 $395,219 $395,219 0.05 $394,704
RCKT Mortgage Trust 2023-CES1 A1A 6.515% 25-JUN-2043, 6.51%, 06/25/43 RCKT 74935WAA2 - - 390,838 $394,582 $394,582 0.05 $392,460
Santander Bank Auto Credit-Linked Notes, Series 2023-B D 6.663% 15-DEC-2033, 6.66%, 12/15/33 SBCLN 2023-B 80290CCD4 - - 379,007 $385,565 $385,565 0.05 $384,442
Freddie Mac Structured Agency Credit Risk (STACR) REMIC Trust 2024-DNA1 M2 6.28969% 25-FEB-2044, 6.29%, 02/25/44 STACR 2024-DNA1 35564NBA0 - - 382,632 $384,485 $384,485 0.05 $384,084
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 $382,424 $382,424 0.05 $381,317
BAMLL Re-REMIC Trust 2024-FRR4 E 1.23677% 27-NOV-2048, 1.26%, 11/27/48 BAMLL 05493VAJ3 - - 400,000 $378,976 $378,976 0.05 $378,557
BAMLL Re-REMIC Trust 2024-FRR4 F 1.160551% 27-JAN-2026, 1.18%, 11/27/48 BAMLL 05493VAL8 - - 400,119 $375,892 $375,892 0.05 $375,499
Worldwide Plaza Trust 2017-WWP A 3.5263% 10-NOV-2036, 3.53%, 11/10/36 WPT 98162JAA4 - - 528,000 $359,635 $359,635 0.05 $358,084
Franco-Nevada Corporation FNV US 351858105 - - 2,299 $357,426 $357,426 0.05 $357,426
Golden Pear Securitization, Series 2024-1 A 6.95% 15-FEB-2036, 6.95%, 02/15/36 PEAR 2024-1 704933AA8 - - 335,863 $340,420 $340,420 0.05 $339,513
BRAVO Residential Funding Trust 2023-NQM3 A3 4.85% 25-SEP-2062, 4.85%, 09/25/62 BRAVO 2023-NQM3 10568EAC6 - - 340,708 $337,050 $337,050 0.04 $335,673
Connecticut Avenue Securities Trust 2024-R02 1M2 6.15201% 25-FEB-2044, 6.14%, 02/25/44 CAS 2024-R02 20754GAE0 - - 331,138 $331,396 $331,396 0.04 $331,057
LHOME Mortgage Trust 2024-RTL2 A1 7.128% 25-MAR-2029, 7.13%, 03/25/29 LHOME 50205JAA4 - - 321,901 $325,960 $325,960 0.04 $325,578
Dext ABS 2023-2 D 8.3% 15-MAY-2034, 8.30%, 05/15/34 DEXT 2023-2 25216CAE0 - - 300,000 $322,065 $322,065 0.04 $320,958
Surgery Center Holdings, Inc. 7.25% 15-APR-2032, 7.25%, 04/15/32 SURCEN 86881WAF9 - - 310,000 $317,279 $317,279 0.04 $306,916
BX Commercial Mortgage Trust 2024-MF C 6.26008% 15-FEB-2039, 6.26%, 02/15/39 BX 2024-MF 05612EAE8 - - 309,909 $310,446 $310,446 0.04 $309,584
Chase Mortgage Reference Notes, Series 2021-CL1 M3 5.90201% 25-FEB-2050, 5.89%, 02/25/50 CHASE 2021-CL1 46591HBZ2 - - 312,043 $304,116 $304,116 0.04 $303,810
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 $303,894 $303,894 0.04 $302,495
Churchill Downs Incorporated CHDN US 171484108 - - 2,695 $299,765 $299,765 0.04 $299,765
Libra Solutions 2023-1 A 7.0% 15-FEB-2035, 7.00%, 02/15/35 OASIS 2023-1A 53161DAA3 - - 298,236 $299,304 $299,304 0.04 $298,376
Reach ABS Trust 2024-2 A 5.88% 15-JUL-2031, 5.88%, 07/15/31 REACH 2024-2A 75525HAA8 - - 284,817 $286,915 $286,915 0.04 $286,171
Readycap Lending Small Business Loan Trust 2023-3 A 7.57% 25-APR-2048, 7.57%, 04/25/48 RCLT 75576AAA1 - - 279,096 $282,306 $282,306 0.04 $281,954
BHG Securitization Trust 2024-1CON (Bankers Healthcare Group) A 5.81% 17-APR-2035, 5.81%, 04/17/35 BHG 2024-1A 08862HAA0 - - 267,763 $272,656 $272,656 0.04 $272,051
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 $257,623 $257,623 0.03 $256,760
Affirm Asset Securitization Trust 2023-B D 8.78% 15-SEP-2028, 8.78%, 09/15/28 AFFRM 2023-B 00792FAJ7 - - 250,000 $254,180 $254,180 0.03 $253,204
Affirm Asset Securitization Trust 2023-B C 7.81% 15-SEP-2028, 7.81%, 09/15/28 AFFRM 2023-B 00792FAH1 - - 250,000 $253,480 $253,480 0.03 $252,613
Affirm Asset Securitization Trust 2023-X1 C 8.25% 15-NOV-2028, 8.25%, 11/15/28 AFFRM 2023-X1 00834KAC1 - - 250,000 $252,975 $252,975 0.03 $252,059
Santander US Capital Markets LLC 18-JAN-2033, 6.80%, 01/18/33 SBCLN 2024-B 80280BAE8 - - 250,000 $249,188 $249,188 0.03 $248,432
FIGRE Trust 2024-HE4 B 5.252% 25-SEP-2054, 5.25%, 09/25/54 FIGRE 2024-HE4 31684UAB7 - - 249,472 $248,334 $248,334 0.03 $248,115
Pawnee Equipment Receivables, Series 2022-1 D 7.23% 15-SEP-2029, 7.23%, 07/17/28 PWNE 2022-1 70410DAF5 - - 250,000 $246,621 $246,621 0.03 $245,817
Affirm Asset Securitization Trust 2023-X1 B 7.77% 15-NOV-2028, 7.77%, 11/15/28 AFFRM 2023-X1 00834KAB3 - - 244,814 $246,434 $246,434 0.03 $245,589
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 $245,726 $245,726 0.03 $244,886
BXHPP Trust 2021-FILM B 5.334% 15-AUG-2036, 5.33%, 08/15/36 BXHPP 2021-FILM 05609JAJ1 - - 250,000 $234,471 $234,471 0.03 $233,878
Santander Consumer Auto Receivables Trust 2021-C C 2.97% 15-OCT-2028, 2.97%, 06/15/28 SCART 2021-CA 80281HAC8 - - 228,376 $226,417 $226,417 0.03 $226,115
Cyrusone Data Centers Issuer I, Series 2023-1 B_2301 5.45% 20-APR-2048, 5.45%, 04/20/48 CYRUS 2023-1A 23284BAC8 - - 223,683 $222,937 $222,937 0.03 $222,564
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 - - 218,750 $222,167 $222,167 0.03 $221,440
Blue Bridge Funding 2023-1 B 9.48% 15-NOV-2030, 9.48%, 11/15/30 BBEF 2023-1A 09531MAB6 - - 200,000 $204,214 $204,214 0.03 $203,371
Auxilior Term Funding 2023-1 E 10.97% 15-DEC-2032, 10.97%, 12/15/32 XCAP 2023-1A 05335JAF0 - - 200,000 $204,106 $204,106 0.03 $203,131
BX Trust 2022-FOX2 D 6.43015% 15-APR-2039, 6.43%, 04/15/39 BX 2022-FOX2 05610AAG3 - - 198,576 $197,167 $197,167 0.03 $196,599
DBGS 2018-BIOD Mortgage Trust D 5.91501% 15-MAY-2035, 5.92%, 05/15/35 DBGS 2018-BIOD 23306GAG2 - - 187,500 $185,324 $185,324 0.02 $184,832
BX Commercial Mortgage Trust 2021-VINO D 5.78633% 15-MAY-2038, 5.79%, 05/15/38 BX 2021-VINO 05608KAG5 - - 175,000 $174,711 $174,711 0.02 $174,261
Commonbond Student Loan Trust 2021-A-GS B 1.4% 25-MAR-2052, 1.40%, 03/25/52 CBSLT 2021-AGS 20268WAB0 - - 212,734 $165,646 $165,646 0.02 $165,596
Westgate Resorts 2023-1 D 10.14% 20-DEC-2037, 10.14%, 12/20/37 WESTR 2023-1A 96033EAD0 - - 155,390 $159,561 $159,561 0.02 $158,248
Commonbond Student Loan Trust 2017-A-GS B 3.47% 25-MAY-2041, 3.47%, 05/25/41 CBSLT 2017-AGS 20267VAC1 - - 172,925 $154,541 $154,541 0.02 $154,441
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 $150,253 $150,253 0.02 $149,998
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 $139,266 $139,266 0.02 $138,721
Angel Oak Mortgage Trust 2024-3 A3 4.8% 25-NOV-2068, 4.80%, 11/26/68 AOMT 2024-3 03466HAC7 - - 123,385 $120,723 $120,723 0.02 $120,230
Westgate Resorts 2022-1 D 3.838% 20-AUG-2036, 3.84%, 08/20/36 WESTR 2022-1A 96034JAD8 - - 115,785 $113,896 $113,896 0.02 $113,525
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 - - 110,814 $113,072 $113,072 0.02 $112,891
Ginnie Mae REMIC Trust 2005-065 FA 4.57628% 20-AUG-2035, 4.58%, 08/20/35 GNR 2005-65 38374LL25 - - 114,298 $112,380 $112,380 0.01 $112,220
Upstart Securitization Trust 2021-1 C 4.06% 20-MAR-2031, 4.06%, 03/20/31 UPST 2021-1 91681NAC8 - - 105,269 $105,204 $105,204 0.01 $105,073
Hudson's Bay Simon JV Trust 2015-HBS A7 3.9141% 05-AUG-2034, 3.91%, 08/05/34 HBCT 2015-HB7 44422PAU6 - - 105,365 $104,751 $104,751 0.01 $104,407
Commonbond Student Loan Trust 2016-A B 4.0% 25-MAY-2040, 4.00%, 05/25/40 CBSLT 2016-A 20267TAC6 - - 103,500 $99,255 $99,255 0.01 $99,186
FREED ABS Trust 2022-1FP D 3.35% 18-NOV-2028, 3.35%, 03/19/29 FREED 2022-1FP 35633KAD8 - - 99,586 $99,105 $99,105 0.01 $98,985
Commonbond Student Loan Trust 2016-B B 4.0% 25-OCT-2040, 4.00%, 10/25/40 CBSLT 2016-B 20267UAC3 - - 106,143 $98,834 $98,834 0.01 $98,763
Commonbond Student Loan Trust 2018-C-GS B 4.25% 25-FEB-2046, 4.25%, 02/25/46 CBSLT 2018-CGS 20267XAC7 - - 102,180 $98,730 $98,730 0.01 $98,658
Santander Bank Auto Credit-Linked Notes, Series 2023-A E 10.068% 15-JUN-2033, 10.07%, 06/15/33 SBCLN 2023-A 80290CBX1 - - 95,145 $96,582 $96,582 0.01 $96,157
Commonbond Student Loan Trust 2018-B-GS C 4.12% 25-SEP-2045, 4.12%, 09/25/45 CBSLT 2018-BGS 20268MAD8 - - 84,418 $77,532 $77,532 0.01 $77,474
Structured Agency Credit Risk (STACR) Debt Notes, Series 2021-DNA5 M2 5.98969% 25-JAN-2034, 5.99%, 01/25/34 STACR 2021-DNA5 35564KHE2 - - 77,108 $77,333 $77,333 0.01 $77,256
ACHV ABS Trust 2024-1PL C 6.42% 25-APR-2031, 6.42%, 04/25/31 ACHV 2024-1PL 00092BAC8 - - 69,993 $70,521 $70,521 0.01 $70,446
Santander Bank Auto Credit-Linked Notes, Series 2022-A B 5.281% 15-MAY-2032, 5.28%, 05/15/32 SBCLN 2022-A 80290CAS3 - - 37,129 $37,210 $37,210 0.00 $37,123
U.S. Auto Funding 2022-1 A 3.98% 15-APR-2025, 3.98%, 04/15/25 USAUT 2022-1A 90355FAA6 - - 34,662 $34,432 $34,432 0.00 $34,371
AMCR ABS Trust 2023-1 A 7.66% 18-JAN-2031, 7.66%, 01/21/31 AMCR 2023-1A 00178CAA7 - - 8,970 $8,995 $8,995 0.00 $8,970
BAMLL Re-REMIC Trust 2024-FRR2 D 1.236787% 27-JUL-2050, 1.24%, 07/27/50 BAMLL 2024-FRR2 05493UAG1 - - - $1,657 $1,657 0.00 $0
BAMLL Re-REMIC Trust 2024-FRR2 C 1.236787% 27-JUL-2050, 1.24%, 07/27/50 BAMLL 2024-FRR2 05493UAE6 - - - $1,398 $1,398 0.00 $0
US 5YR NOTE (CBT) Jun25 JUN 25 FVM5 FUTURES_USD - 1,112 $120,304,500 $0 0.00 $0
US 10yr Ultra Fut Jun25 JUN 25 UXYM5 FUTURES_USD - -155.00 $-17,674,844 $0 0.00 $0
US 10YR NOTE (CBT)Jun25 JUN 25 TYM5 FUTURES_USD - -141.00 $-15,679,641 $0 0.00 $0
US 2YR NOTE (CBT) Jun25 JUN 25 TUM5 FUTURES_USD - 600.00 $124,307,813 $0 0.00 $0
UMBS TBA 30yr 2.5% April Delivery, 2.50%, 04/14/25 FNCL 01F022642 - - -44,565,000 $-36,995,145 $-36,995,145 -4.92 $-36,995,145
SEGREGATED CASH SEGCASH - $0.00 2,410,000 $2,410,000 $2,410,000 0.32 $2,410,000
US DOLLARS USD MD_142224 - - -205,307,234 $-205,307,234 $-205,307,234 -27.28 $-205,307,234
Three-Month SOFR Futures DEC 25 SFRZ5 FUTURES_USD - 125.00 $120,468,750 $0 0.00 $0
3 MONTH SOFR FUT Mar26 MAR 26 SFRH6 FUTURES_USD - 125.00 $30,154,688 $0 0.00 $0
3 MONTH SOFR FUT Jun26 JUN 26 SFRM6 FUTURES_USD - 125.00 $30,175,000 $0 0.00 $0
3 MONTH SOFR FUT Sep26 SEP 26 SFRU6 FUTURES_USD - 125.00 $30,182,812 $0 0.00 $0
Janus Henderson AAA CLO ETF 07/24/25 - 47103U845 $50.88 154,000 $7,798,560 $-3,263 0.00 $-36,960
Janus Henderson AAA CLO ETF 07/24/25 JAAA US 47103U845 $50.99 120,948 $6,124,807 $-42,332 -0.01 $-42,332
Janus Henderson AAA CLO ETF 07/24/25 JAAA US 47103U845 $50.99 181,335 $9,182,804 $-63,467 -0.01 $-63,467
Janus Henderson publishes this listing of identities and quantities of each position held by the fund on each business day, before commencement of trading. Securities are reported at market value.
The portfolio data and its presentation here is based on the investment book of record and may differ from the accounting book of record and complete schedules of investments in regulatory filings due to differing accounting and reporting standards.

Choose region

Country

Language

What type of investor are you?