MBS ETF largest holding is FNCL 5.5 8/11 at 6.74% as of Jun 30, 2026

$8.58

AUM$150M

TER0.49%

Holdings133

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MBS ETF largest holding is FNCL 5.5 8/11 at 6.74% as of Jun 30, 2026

$8.58

Angel Oak Mortgage-Backed Securities ETF

AUM$150M

TER0.49%

Holdings133

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Overview Performance Chart Dividends Top Holdings All Holdings Sectors Geography Similar Compare Overlap

FNCL 5.5 8/11 is MBS's largest holding at 6.74% of the fund as of Jun 30, 2026. MBS is Angel Oak Mortgage-Backed Securities ETF.

Showing top 50 of 131 holdings · as of Jun 30, 2026

MBS holdings, by weight
#	Ticker	Name	Weight	Cumulative	Shares	Mkt value	Sector	Industry
1	—	Tba Umbs Single 5.5%Financials · Thrifts	6.74%	6.7%	10,000,000	$9.91M	Financials	Thrifts
2	Debt	Sequoia Mortgage Trust 2023-4	2.67%	9.4%	4,051,469	$3.92M	-	-
Sector and industry · Pro
3	Debt	Towd Point Mortgage Trust	2.63%	12.0%	4,000,000	$3.87M
4	Debt	-	2.24%	14.3%	3,743,484	$3.30M
5	—	Freddie Mac Pool	2.12%	16.4%	3,761,524	$3.11M
6	—	Rckt 2021-5 A1 11/51	2.12%	18.5%	3,753,291	$3.12M
7	Debt	Gs Mortgage-Backed Securities Trust 2024-Rpl2	1.94%	20.5%	3,000,000	$2.85M
8	Debt	-	1.90%	22.4%	3,271,058	$2.80M
9	FGUXX	First American Government Obligations Fund	1.70%	24.1%	2,505,950	$2.51M
10	Debt	-	1.63%	25.7%	2,798,634	$2.40M
11	Debt	Freddie Mac Pool	1.62%	27.3%	2,345,160	$2.38M
12	Debt	-	1.58%	28.9%	2,703,878	$2.32M
13	Debt	-	1.57%	30.5%	2,709,541	$2.32M
14	—	New Residential Mortgage Loan Trust 2022 Nqm4 A3 5.0000% Mat 06/25/2062	1.53%	32.0%	2,333,155	$2.25M
15	—	Sequoia Mortgage Trust 2026-1 5 2056-02-25	1.50%	33.5%	2,286,869	$2.20M
16	Debt	Freddie Mac Pool	1.49%	35.0%	2,300,653	$2.19M
17	Debt	Prpm_26-Rcf4 M2 144A	1.47%	36.5%	2,300,000	$2.17M
18	—	Fhlmc Pool 2052-09-01	1.43%	37.9%	2,553,702	$2.10M
19	Debt	Freddie Mac Pool	1.37%	39.3%	2,074,520	$2.01M
20	—	Figre Trust 2026-Hf7 5.36574% 07/25/2056	1.36%	40.6%	2,000,000	$2.00M
21	Debt	Saluda Grade Alternative Mortgage Trust 2026-Loc6	1.36%	42.0%	2,000,000	$2.00M
22	—	Pret 2025-Rpl1 A2	1.30%	43.3%	2,000,000	$1.92M
23	Debt	Efmt 2026-Rm2	1.29%	44.6%	2,000,000	$1.89M
24	—	Fannie Mae Pool Umbs P#Ma5551 4.50000000	1.29%	45.8%	2,015,675	$1.90M
25	—	Federal National Mortgage Association (Fnma)	1.27%	47.1%	2,182,957	$1.87M
26	Debt	Fannie Mae Pool	1.24%	48.4%	1,888,289	$1.83M
27	Debt	Fannie Mae Pool	1.24%	49.6%	1,828,474	$1.83M
28	Debt	Freddie Mac Pool	1.23%	50.8%	1,860,879	$1.81M
29	Debt	New Residential Mortgage Loan Trust 2025-Nqm5	1.18%	52.0%	1,750,000	$1.73M
30	—	Colt Mortgage Loan Trust, Series 2022-3, Class B1	1.17%	53.2%	2,000,000	$1.73M
31	—	Pret 2025-Rpl1 Trust	1.14%	54.3%	1,730,622	$1.67M
32	Debt	Freddie Mac Pool	1.13%	55.5%	1,664,039	$1.66M
33	—	Sgr 2021-1 A3	1.13%	56.6%	1,996,496	$1.66M
34	—	Csmc 2022-Ath2 4.98 2067-05-25	1.11%	57.7%	1,750,000	$1.63M
35	Debt	Obx 2026-Ces1 Trust	1.10%	58.8%	1,629,000	$1.62M
36	—	Mfa 2021-Inv2 Trust	1.09%	59.9%	2,000,000	$1.60M
37	—	Mello 2022-Inv2 A15	1.08%	61.0%	1,901,275	$1.59M
38	Debt	Obx 2022-J2 Trust	1.06%	62.0%	2,057,000	$1.55M
39	—	J.P. Morgan Wealth Management Series 2021-Atr1, Class A5, Variable Rate, Due 02/25/2050	1.05%	63.1%	1,819,003	$1.55M
40	Debt	Prpm_26-Rcf3 M2 144A	1.02%	64.1%	1,600,000	$1.50M
41	Debt	Deephaven Residential Mortgage Trust 2026-Ces1	1.01%	65.1%	1,500,000	$1.48M
42	—	Prp Advisors Llc Prpm 2025 Rcf1 A2 144A 2055-02-25	0.99%	66.1%	1,500,000	$1.46M
43	—	Fannie Maefannie Mae Pool	0.93%	67.0%	1,651,518	$1.36M
44	Debt	Gs Mortgage-Backed Securities Trust 2026-Ah2	0.92%	67.9%	1,350,000	$1.35M
45	—	Verus Securitization Trust 2021-3 Ser 2021-3 Cl B1 V/R Regd 144A P/P 3.20300000	0.90%	68.8%	1,750,000	$1.33M
46	—	Colt 2022-2 Mortgage Loan Trust 2067-02-25	0.89%	69.7%	1,566,000	$1.31M
47	Debt	Pimco Multisector Bond Active Exchange-Traded Fund Usetf	0.85%	70.6%	1,250,000	$1.25M
48	Debt	JPMorgan Mortgage Trust 2021-12	0.83%	71.4%	1,500,000	$1.22M
49	Debt	Prpm 2025-Rcf1 Llc	0.83%	72.2%	1,250,000	$1.22M
50	—	Starwood Mortgage Residential Trust 2022-2 02-25-2067	0.83%	73.1%	1,284,349	$1.22M
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Not reported for this fund: share changes.

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MBS ETF All Holdings

MBS holdings total 133 positions. The top 10 holdings account for 25.7% of the fund, led by Tba Umbs Single 5.5% at 6.7%, Sequoia Mortgage Trust 2023-4 5.6919% 11/25/2053 5.6919 2053-11-25 at 2.7%, Towd Point Mortgage Trust 4.5319% 07/25/2066 at 2.6%.

MBS portfolio concentration is well-diversified, with the top 10 representing 25.7% of total assets. The largest sector exposure is Financials at 23.0%.

MBS sectors provide a detailed breakdown. MBS overlap shows how holdings compare to other funds in your portfolio.

Compare MBS

MBS vs SPY MBS vs QQQ MBS vs VOO MBS vs VTI MBS vs IVV MBS vs SCHD MBS vs VYM MBS vs VXUS

MBS ETF Holdings

131 of 133 holdings

Sector

Industry

Sort By

1
Tba Umbs Single 5.5%
FNCL 5.5 8/11Financials
6.74%
2
Sequoia Mortgage Trust 2023-4 5.6919% 11/25/2053 5.6919 2053-11-25
Other
2.67%
3
Towd Point Mortgage Trust 4.5319% 07/25/2066
Other
2.63%
4
Fr Rb5146 2.5 02/01/2042
FR RB5146Financials
2.24%
5
Freddie Mac Pool
Other
2.12%
6
Rckt 2021-5 A1 11/51
Other
2.12%
7
Gs Mortgage-Backed Securities Trust 2024-Rpl2 4.1113% 07/25/2061 4.1113 2061-07-25
Other
1.94%
8
Fn Ma4422 2 09/01/2041
FN MA4422Financials
1.90%
9
First American Government Obligations Fund
FGUXXUnknown
1.70%
10
Fn Ma4474 2 11/01/2041
FN MA4474Financials
1.63%
11
Freddie Mac Pool 6% 01/01/2054 6 2054-01-01
Other
1.62%
12
Fn Ma4364 2 06/01/2041
FN MA4364Financials
1.58%
13
Fn Ma4520 2 01/01/2042
FN MA4520Financials
1.57%
14
New Residential Mortgage Loan Trust 2022 Nqm4 A3 5.0000% Mat 06/25/2062
Other
1.53%
15
Sequoia Mortgage Trust 2026-1 5 2056-02-25
Other
1.50%
16
Freddie Mac Pool 4.5% 02/01/2054 4.5 2054-02-01
Other
1.49%
17
Prpm_26-Rcf4 M2 144A 0% 06/26/2056
Other
1.47%
18
Fhlmc Pool 2052-09-01
Other
1.43%
19
Freddie Mac Pool 5% 11/01/2054
FR QJ7711Financials
1.37%
20
Figre Trust 2026-Hf7 5.36574% 07/25/2056
Other
1.36%
21
Saluda Grade Alternative Mortgage Trust 2026-Loc6 6.2483% 06/25/2056
Other
1.36%
22
Pret 2025-Rpl1 A2
Other
1.30%
23
Efmt 2026-Rm2 4.75% 05/25/2056
Other
1.29%
24
Fannie Mae Pool Umbs P#Ma5551 4.50000000
FN MA5551Financials
1.29%
25
Federal National Mortgage Association (Fnma)
Other
1.27%
26
Fannie Mae Pool 5% 11/01/2054
Other
1.24%
27
Fannie Mae Pool 5.5% 09/01/2054
Other
1.24%
28
Freddie Mac Pool 5% 10/01/2054 5 2054-10-01
Other
1.23%
29
New Residential Mortgage Loan Trust 2025-Nqm5 6.088% 08/25/2065 6.088 2065-08-25
Other
1.18%
30
Colt Mortgage Loan Trust, Series 2022-3, Class B1
Other
1.17%
31
Pret 2025-Rpl1 Trust|4|07/25/2069, 4.00%, 07/25/69
PRET 2025-RPL1 A1Financials
1.14%
32
Freddie Mac Pool 5.5% 12/01/2054 5.5 2054-12-01
Other
1.13%
33
Sgr 2021-1 A3
Other
1.13%
34
Csmc 2022-Ath2 4.98 2067-05-25
Other
1.11%
35
Obx 2026-Ces1 Trust 5.636% 04/25/2056 5.636 2056-04-25
Other
1.10%
36
Mfa 2021-Inv2 Trust
Other
1.09%
37
Mello 2022-Inv2 A15
Other
1.08%
38
Obx 2022-J2 Trust 3% 08/25/2052 3
Other
1.06%
39
J.P. Morgan Wealth Management Series 2021-Atr1, Class A5, Variable Rate, Due 02/25/2050
Other
1.05%
40
Prpm_26-Rcf3 M2 144A 0 05/25/2056
Other
1.02%
41
Deephaven Residential Mortgage Trust 2026-Ces1 5.928% 03/25/2061 5.928 2061-03-25
Other
1.01%
42
Prp Advisors Llc Prpm 2025 Rcf1 A2 144A 2055-02-25
Other
0.99%
43
Fannie Maefannie Mae Pool
FN FP0069Financials
0.93%
44
Gs Mortgage-Backed Securities Trust 2026-Ah2 5.8818% 11/25/2056
Other
0.92%
45
Verus Securitization Trust 2021-3 Ser 2021-3 Cl B1 V/R Regd 144A P/P 3.20300000
Other
0.90%
46
Colt 2022-2 Mortgage Loan Trust 2067-02-25
Other
0.89%
47
Pimco Multisector Bond Active Exchange-Traded Fund Usetf 5.77% 25/07/2056
Other
0.85%
48
Jp Morgan Mortgage Trust 2021-12 2.5% 02/25/2052 2.5 2052-02-25
Other
0.83%
49
Prpm 2025-Rcf1 Llc 4.5% 02/25/2055 4.5 2055-02-25
Other
0.83%
50
Starwood Mortgage Residential Trust 2022-2 02-25-2067
Other
0.83%
51
Provident Funding Mortgage Trust 2021-Inv1 2.5 2051-08-25
Other
0.82%
52
Colt Mortgage Loan Trust, Series 2022-1, Class B2 12/27/2066
Other
0.78%
53
Verus Securitization Trust 2022-2 4.2653% 02/25/2067
Other
0.72%
54
Jpmmt 2021-1 A3 V/R 05/25/44
Other
0.71%
55
Obx 2021-J3 Trust Ser 2021-J3 Cl A7 V/R Regd 144A P/P 2.50000000
Other
0.71%
56
Saluda Grade Alternative Mortgage Trust 2024-Fig5 7.297% 04/25/2054
Other
0.70%
57
Csmc 2021-Nqm8 2.405% 10/25/2066
Other
0.68%
58
Ellington Financial Mortgage T Efmt 2022 4 B1 144A
Other
0.68%
59
Fn Ma5139 6 9/1/53
FN MA5139Financials
0.68%
60
Figre Trust 2026-Exp1 6.846% 06/25/2056
Other
0.68%
61
Jp Morgan Mortgage Trust 2021-13 2.5 2052-04-25
Other
0.68%
62
Jp Morgan Mortgage Trust Series 2025-Ces2 6.244 2055-06-25
Other
0.68%
63
Pretium Mortgage Credit Partners Llc 5.8539% 08/25/2056
Other
0.68%
64
Grade 2026 Vrn 04/25/2056 0 2056-04-25
Other
0.67%
65
Atlx 2024-Rpl1 Trust 4.4073% 04/25/2064
Other
0.66%
66
Atlx 2024-Rpl2 Trust 3.85 59651 2063-04-25
Other
0.65%
67
Brean Asset Backed Securities Trust 2026-Rm15 4.25% 04/25/2066 4.25 2066-04-25
Other
0.65%
68
Csmc 2021-Nqm2 2066/02/25
Other
0.65%
69
Gs Mortgage-Backed Securities Trust 2025-Rpl3 4.1% 07/25/2065
Other
0.65%
70
Prpm 2024-Rpl2 Llc 3.5 2054-05-25
Other
0.65%
71
Prpm, Llc 2025-Rpl3 3.25 2055-04-25
Other
0.65%
72
Colt 2021-1 Mortgage Loan Trust 2.287% 06/25/2066 2.287 2066-06-25
Other
0.64%
73
Pret 2026-Rpl3 Trust 4.4% 06/25/2070
Other
0.63%
74
Csmc 2021-Nqm5 Trust 2066/05/25
Other
0.62%
75
Gs Mortgage-Backed Securities Trust 2021-Pj9 2% 02/26/2052 2 2052-02-26
Other
0.62%
76
Fnma Pass-Thru I Fn Fm6099
Other
0.61%
77
Verus_21-8
Other
0.59%
78
Verus Securitization Trust 2022-3
Other
0.59%
79
Figre Trust 2025-Pf2 6.139% 10/25/2055 6.139 2055-10-25
Other
0.58%
80
Mfa 2021-Rpl1 Trust Ser 2021-Rpl1 Cl M2 V/R Regd 144A P/P 2.85470000
Other
0.58%
81
Verus Securitization 3 M1 144A Var Rt 06/25/2066 Dd 06/01/21
Other
0.56%
82
Freddie Mac Pool 6.5 2054-09-01
FR QJ3250Financials
0.55%
83
Starwood Mortgage Residential Trust 2022-3 4.161 2067-03-25
Other
0.55%
84
Cim Trust 2022-R1 4% 01/25/2061 4 2061-01-25
Other
0.54%
85
Csmc 2021 Nqm3 M1 144A 2.317 2066-04-25
Other
0.52%
86
Jpmmt 2021-4 A3 V/R 08/25/51
Other
0.52%
87
Jp Morgan Mortgage Trust 2021-6 2.50% 10/25/51
Other
0.52%
88
Ellington Financial Mortgage Trust 2021-3
Other
0.50%
89
Saluda Grade Alternative Mortgage Trust 2022-Seq2 4.5% 02/25/2052 4.5 2052-02-25
Other
0.50%
90
Rfr JPY Mutk/1.50000 09/18/24-30Y Lch
Other
0.50%
91
Fannie Mae Pool Fn Bf0496 3.000000% 07/01/2060
Other
0.48%
92
Csmc 2021-Afc1 Trust 2.193% 03/25/2056 2.193 2056-03-25
Other
0.43%
93
Sg Residential Mortgage Trust 2021-2 4.038% 12/25/2061
Other
0.42%
94
Fr Rb5149 2.5 03/01/2042
FR RB5149Financials
0.41%
95
Gs Mortgage Backed Securities 2.5 04/25/2052
Other
0.41%
96
Ellington Financial Mortgage Trust 2022-1 3.8598% 01/25/2067 3.8598 2067-01-25
Other
0.40%
97
Ellington Financial Mortgage Trust 2017-1 4.141% 02/25/2066 4.141 2066-02-25
Other
0.40%
98
Rckt 2022-4 A2
Other
0.40%
99
Obx 2021-J2 Trust 2.5% 07/25/2051
Other
0.39%
100
New Residential Mtg Ln Tr Mtg Bkd Nt Cl B-6 144a 2052-05-28
Other
0.37%
101
Deephaven Residential Mortgage Trust 2021-3 3.273% 08/25/2066
Other
0.36%
102
Freddie Mac Pool,Fr Sd8447 6 2054-06-01
FR SD8447Financials
0.36%
103
Sg Residential Mortgage Trust 2021-1
Other
0.35%
104
Atlx 2024-Rpl1 Var 04/64
Other
0.33%
105
Towd Point Mortgage Trust 2024-4
Other
0.32%
106
New Residential Mortgage Loan Trust 2026-Rpl1 4% 12/25/2065
Other
0.31%
107
Obx 2021-Nqm1 Tr A1 1.072% 02/25/2066 144A
OBX 2021-NQM1 A1Financials
0.31%
108
Towd Point Mortgage Trust 2024-4 4.5524% 10/27/2064 4.5524 2064-10-27
Other
0.31%
109
Obx 2021-Nqm2 Trust 1.563% 05/25/2061
Other
0.30%
110
Towd Point Mortgage Trust 2020-4 2.875% 10/25/2060 2.875 2060-10-25
Other
0.30%
111
Mfa 2021-Rpl1 Trust Ser 2021-Rpl1 Cl A2 V/R Regd 144A P/P 2.07160000
Other
0.29%
112
Saluda Grade Alternative Mortgage Trust 2025-Loc5 7.741% 10/25/2055 7.741 2055-10-25
Other
0.28%
113
Jp Morgan Mortgage Trust Series 2024-5
Other
0.26%
114
Rate Mortgage Trust 2021-J3 2.5% 10/25/2051
Other
0.22%
115
Jp Morgan Mortgage Trust 2020-3
Other
0.19%
116
Saluda Grade Alternative Mortgage Trust 2026-Loc6 1.5% 06/25/2056
Other
0.19%
117
Corevest American Finance 2020-4 Trust 2.712% 12/15/2052
Other
0.18%
118
Morgan Stanley Res Ln 2023-3 B-4 6.5825% 09/25/2053
Other
0.16%
119
Wells Fargo Mortgage Backed Securities 2021-2 Trust 2.50
Other
0.16%
120
Freddie Mac Pool Umbs P#Rc1914 2.00000000
FR RC1914Financials
0.15%
121
Starwood Mortgage Residential Trust 2022-3 4.161 03/25/2067
STAR 2022-3 A1Financials
0.12%
122
Verus Securitization Trust 2022-3 4.13 2067-02-25
Other
0.12%
123
Imperial Fund Mortgage Trust Series 2021-Nqm1 Cl. A3 1.617% 6/25/2056
Other
0.10%
124
Mill City Mortgage Loan Trust 2017-2 Ser 2017-2 Cl M3 V/r Regd 144a P/p 3.25000000
Other
0.10%
125
Colt 2021-3 Mortgage Loan Trust 2.30
Other
0.07%
126
Ellington Financial Mortgage T Efmt 2021 2 M1 144A
Other
0.07%
127
Deephaven Residential Mortgage Trust 2021-2 2.217% 04/25/2066 2.217 2066-04-25
Other
0.05%
128
J.P. Morgan Mortgage Trust 2023-6 0.2341% 12/26/2053
Other
0.05%
129
Jp Morgan Mortgage Trust Ser 2019-6 Cl B3 V/R Regd 144A P/P 4.27129000
Other
0.05%
130
Freddie Mac Pool 5.5% 10/01/2054 5.5 2054-10-01
Other
-0.23%
131
Cash & Other
Other
-8.52%

#	Company	Ticker	Weight
1	Tba Umbs Single 5.5%	FNCL 5.5 8/11	6.740%
2	Sequoia Mortgage Trust 2023-4 5.6919% 11/25/2053 5.6919 2053-11-25	-	2.670%
3	Towd Point Mortgage Trust 4.5319% 07/25/2066	-	2.630%
4	Fr Rb5146 2.5 02/01/2042	FR RB5146	2.240%
5	Freddie Mac Pool	-	2.120%
6	Rckt 2021-5 A1 11/51	-	2.120%
7	Gs Mortgage-Backed Securities Trust 2024-Rpl2 4.1113% 07/25/2061 4.1113 2061-07-25	-	1.940%
8	Fn Ma4422 2 09/01/2041	FN MA4422	1.900%
9	First American Government Obligations Fund	FGUXX	1.700%
10	Fn Ma4474 2 11/01/2041	FN MA4474	1.630%
11	Freddie Mac Pool 6% 01/01/2054 6 2054-01-01	-	1.620%
12	Fn Ma4364 2 06/01/2041	FN MA4364	1.580%
13	Fn Ma4520 2 01/01/2042	FN MA4520	1.570%
14	New Residential Mortgage Loan Trust 2022 Nqm4 A3 5.0000% Mat 06/25/2062	-	1.530%
15	Sequoia Mortgage Trust 2026-1 5 2056-02-25	-	1.500%
16	Freddie Mac Pool 4.5% 02/01/2054 4.5 2054-02-01	-	1.490%
17	Prpm_26-Rcf4 M2 144A 0% 06/26/2056	-	1.470%
18	Fhlmc Pool 2052-09-01	-	1.430%
19	Freddie Mac Pool 5% 11/01/2054	FR QJ7711	1.370%
20	Figre Trust 2026-Hf7 5.36574% 07/25/2056	-	1.360%
21	Saluda Grade Alternative Mortgage Trust 2026-Loc6 6.2483% 06/25/2056	-	1.360%
22	Pret 2025-Rpl1 A2	-	1.300%
23	Efmt 2026-Rm2 4.75% 05/25/2056	-	1.290%
24	Fannie Mae Pool Umbs P#Ma5551 4.50000000	FN MA5551	1.290%
25	Federal National Mortgage Association (Fnma)	-	1.270%
26	Fannie Mae Pool 5% 11/01/2054	-	1.240%
27	Fannie Mae Pool 5.5% 09/01/2054	-	1.240%
28	Freddie Mac Pool 5% 10/01/2054 5 2054-10-01	-	1.230%
29	New Residential Mortgage Loan Trust 2025-Nqm5 6.088% 08/25/2065 6.088 2065-08-25	-	1.180%
30	Colt Mortgage Loan Trust, Series 2022-3, Class B1	-	1.170%
31	Pret 2025-Rpl1 Trust\|4\|07/25/2069, 4.00%, 07/25/69	PRET 2025-RPL1 A1	1.140%
32	Freddie Mac Pool 5.5% 12/01/2054 5.5 2054-12-01	-	1.130%
33	Sgr 2021-1 A3	-	1.130%
34	Csmc 2022-Ath2 4.98 2067-05-25	-	1.110%
35	Obx 2026-Ces1 Trust 5.636% 04/25/2056 5.636 2056-04-25	-	1.100%
36	Mfa 2021-Inv2 Trust	-	1.090%
37	Mello 2022-Inv2 A15	-	1.080%
38	Obx 2022-J2 Trust 3% 08/25/2052 3	-	1.060%
39	J.P. Morgan Wealth Management Series 2021-Atr1, Class A5, Variable Rate, Due 02/25/2050	-	1.050%
40	Prpm_26-Rcf3 M2 144A 0 05/25/2056	-	1.020%
41	Deephaven Residential Mortgage Trust 2026-Ces1 5.928% 03/25/2061 5.928 2061-03-25	-	1.010%
42	Prp Advisors Llc Prpm 2025 Rcf1 A2 144A 2055-02-25	-	0.990%
43	Fannie Maefannie Mae Pool	FN FP0069	0.930%
44	Gs Mortgage-Backed Securities Trust 2026-Ah2 5.8818% 11/25/2056	-	0.920%
45	Verus Securitization Trust 2021-3 Ser 2021-3 Cl B1 V/R Regd 144A P/P 3.20300000	-	0.900%
46	Colt 2022-2 Mortgage Loan Trust 2067-02-25	-	0.890%
47	Pimco Multisector Bond Active Exchange-Traded Fund Usetf 5.77% 25/07/2056	-	0.850%
48	Jp Morgan Mortgage Trust 2021-12 2.5% 02/25/2052 2.5 2052-02-25	-	0.830%
49	Prpm 2025-Rcf1 Llc 4.5% 02/25/2055 4.5 2055-02-25	-	0.830%
50	Starwood Mortgage Residential Trust 2022-2 02-25-2067	-	0.830%
51	Provident Funding Mortgage Trust 2021-Inv1 2.5 2051-08-25	-	0.820%
52	Colt Mortgage Loan Trust, Series 2022-1, Class B2 12/27/2066	-	0.780%
53	Verus Securitization Trust 2022-2 4.2653% 02/25/2067	-	0.720%
54	Jpmmt 2021-1 A3 V/R 05/25/44	-	0.710%
55	Obx 2021-J3 Trust Ser 2021-J3 Cl A7 V/R Regd 144A P/P 2.50000000	-	0.710%
56	Saluda Grade Alternative Mortgage Trust 2024-Fig5 7.297% 04/25/2054	-	0.700%
57	Csmc 2021-Nqm8 2.405% 10/25/2066	-	0.680%
58	Ellington Financial Mortgage T Efmt 2022 4 B1 144A	-	0.680%
59	Fn Ma5139 6 9/1/53	FN MA5139	0.680%
60	Figre Trust 2026-Exp1 6.846% 06/25/2056	-	0.680%
61	Jp Morgan Mortgage Trust 2021-13 2.5 2052-04-25	-	0.680%
62	Jp Morgan Mortgage Trust Series 2025-Ces2 6.244 2055-06-25	-	0.680%
63	Pretium Mortgage Credit Partners Llc 5.8539% 08/25/2056	-	0.680%
64	Grade 2026 Vrn 04/25/2056 0 2056-04-25	-	0.670%
65	Atlx 2024-Rpl1 Trust 4.4073% 04/25/2064	-	0.660%
66	Atlx 2024-Rpl2 Trust 3.85 59651 2063-04-25	-	0.650%
67	Brean Asset Backed Securities Trust 2026-Rm15 4.25% 04/25/2066 4.25 2066-04-25	-	0.650%
68	Csmc 2021-Nqm2 2066/02/25	-	0.650%
69	Gs Mortgage-Backed Securities Trust 2025-Rpl3 4.1% 07/25/2065	-	0.650%
70	Prpm 2024-Rpl2 Llc 3.5 2054-05-25	-	0.650%
71	Prpm, Llc 2025-Rpl3 3.25 2055-04-25	-	0.650%
72	Colt 2021-1 Mortgage Loan Trust 2.287% 06/25/2066 2.287 2066-06-25	-	0.640%
73	Pret 2026-Rpl3 Trust 4.4% 06/25/2070	-	0.630%
74	Csmc 2021-Nqm5 Trust 2066/05/25	-	0.620%
75	Gs Mortgage-Backed Securities Trust 2021-Pj9 2% 02/26/2052 2 2052-02-26	-	0.620%
76	Fnma Pass-Thru I Fn Fm6099	-	0.610%
77	Verus_21-8	-	0.590%
78	Verus Securitization Trust 2022-3	-	0.590%
79	Figre Trust 2025-Pf2 6.139% 10/25/2055 6.139 2055-10-25	-	0.580%
80	Mfa 2021-Rpl1 Trust Ser 2021-Rpl1 Cl M2 V/R Regd 144A P/P 2.85470000	-	0.580%
81	Verus Securitization 3 M1 144A Var Rt 06/25/2066 Dd 06/01/21	-	0.560%
82	Freddie Mac Pool 6.5 2054-09-01	FR QJ3250	0.550%
83	Starwood Mortgage Residential Trust 2022-3 4.161 2067-03-25	-	0.550%
84	Cim Trust 2022-R1 4% 01/25/2061 4 2061-01-25	-	0.540%
85	Csmc 2021 Nqm3 M1 144A 2.317 2066-04-25	-	0.520%
86	Jpmmt 2021-4 A3 V/R 08/25/51	-	0.520%
87	Jp Morgan Mortgage Trust 2021-6 2.50% 10/25/51	-	0.520%
88	Ellington Financial Mortgage Trust 2021-3	-	0.500%
89	Saluda Grade Alternative Mortgage Trust 2022-Seq2 4.5% 02/25/2052 4.5 2052-02-25	-	0.500%
90	Rfr JPY Mutk/1.50000 09/18/24-30Y Lch	-	0.500%
91	Fannie Mae Pool Fn Bf0496 3.000000% 07/01/2060	-	0.480%
92	Csmc 2021-Afc1 Trust 2.193% 03/25/2056 2.193 2056-03-25	-	0.430%
93	Sg Residential Mortgage Trust 2021-2 4.038% 12/25/2061	-	0.420%
94	Fr Rb5149 2.5 03/01/2042	FR RB5149	0.410%
95	Gs Mortgage Backed Securities 2.5 04/25/2052	-	0.410%
96	Ellington Financial Mortgage Trust 2022-1 3.8598% 01/25/2067 3.8598 2067-01-25	-	0.400%
97	Ellington Financial Mortgage Trust 2017-1 4.141% 02/25/2066 4.141 2066-02-25	-	0.400%
98	Rckt 2022-4 A2	-	0.400%
99	Obx 2021-J2 Trust 2.5% 07/25/2051	-	0.390%
100	New Residential Mtg Ln Tr Mtg Bkd Nt Cl B-6 144a 2052-05-28	-	0.370%
101	Deephaven Residential Mortgage Trust 2021-3 3.273% 08/25/2066	-	0.360%
102	Freddie Mac Pool,Fr Sd8447 6 2054-06-01	FR SD8447	0.360%
103	Sg Residential Mortgage Trust 2021-1	-	0.350%
104	Atlx 2024-Rpl1 Var 04/64	-	0.330%
105	Towd Point Mortgage Trust 2024-4	-	0.320%
106	New Residential Mortgage Loan Trust 2026-Rpl1 4% 12/25/2065	-	0.310%
107	Obx 2021-Nqm1 Tr A1 1.072% 02/25/2066 144A	OBX 2021-NQM1 A1	0.310%
108	Towd Point Mortgage Trust 2024-4 4.5524% 10/27/2064 4.5524 2064-10-27	-	0.310%
109	Obx 2021-Nqm2 Trust 1.563% 05/25/2061	-	0.300%
110	Towd Point Mortgage Trust 2020-4 2.875% 10/25/2060 2.875 2060-10-25	-	0.300%
111	Mfa 2021-Rpl1 Trust Ser 2021-Rpl1 Cl A2 V/R Regd 144A P/P 2.07160000	-	0.290%
112	Saluda Grade Alternative Mortgage Trust 2025-Loc5 7.741% 10/25/2055 7.741 2055-10-25	-	0.280%
113	Jp Morgan Mortgage Trust Series 2024-5	-	0.260%
114	Rate Mortgage Trust 2021-J3 2.5% 10/25/2051	-	0.220%
115	Jp Morgan Mortgage Trust 2020-3	-	0.190%
116	Saluda Grade Alternative Mortgage Trust 2026-Loc6 1.5% 06/25/2056	-	0.190%
117	Corevest American Finance 2020-4 Trust 2.712% 12/15/2052	-	0.180%
118	Morgan Stanley Res Ln 2023-3 B-4 6.5825% 09/25/2053	-	0.160%
119	Wells Fargo Mortgage Backed Securities 2021-2 Trust 2.50	-	0.160%
120	Freddie Mac Pool Umbs P#Rc1914 2.00000000	FR RC1914	0.150%
121	Starwood Mortgage Residential Trust 2022-3 4.161 03/25/2067	STAR 2022-3 A1	0.120%
122	Verus Securitization Trust 2022-3 4.13 2067-02-25	-	0.120%
123	Imperial Fund Mortgage Trust Series 2021-Nqm1 Cl. A3 1.617% 6/25/2056	-	0.100%
124	Mill City Mortgage Loan Trust 2017-2 Ser 2017-2 Cl M3 V/r Regd 144a P/p 3.25000000	-	0.100%
125	Colt 2021-3 Mortgage Loan Trust 2.30	-	0.070%
126	Ellington Financial Mortgage T Efmt 2021 2 M1 144A	-	0.070%
127	Deephaven Residential Mortgage Trust 2021-2 2.217% 04/25/2066 2.217 2066-04-25	-	0.050%
128	J.P. Morgan Mortgage Trust 2023-6 0.2341% 12/26/2053	-	0.050%
129	Jp Morgan Mortgage Trust Ser 2019-6 Cl B3 V/R Regd 144A P/P 4.27129000	-	0.050%
130	Freddie Mac Pool 5.5% 10/01/2054 5.5 2054-10-01	-	-0.230%
131	Cash & Other	-	-8.520%