MBS ETF

$8.37

AUM$153M

TER0.49%

Holdings133

See how much of MBS you already own

Just $25 once·$99/mo·Download sample

X-ray my portfolio free

MBS ETF

$8.37

Angel Oak Mortgage-Backed Securities ETF

AUM$153M

TER0.49%

Holdings133

See how much of MBS you already own

Just $25 once·$99/mo·Download sample

X-ray my portfolio free

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

Leveraged fundWeights reflect notional exposure via swaps/derivatives and do not sum to 100%.

Net exposure

117.8%

Gross exposure

117.8%

Long

117.8%

Cash & collateral

-10.6%

As of Aug 24, 2026

Showing top 50 of 139 holdings · as of Aug 24, 2026

MBS holdings, by weight
#	Ticker	Name	Weight	Cumulative	Shares	Mkt value	Sector	Industry
1	—	Us 5Yr Note (Cbt) Dec26	7.83%	7.8%	113	$11.99M	-	-
2	Debt	Umbs 30Yr Tba(Reg A)Financials · Thrifts	6.48%	14.3%	10,000,000	$9.92M	Financials	Thrifts
Sector and industry · Pro
3	—	Umbs 30yr Tba(reg A) 3% Sep 14, 2020	3.97%	18.3%	6,000,000	$6.08M
4	Debt	Sequoia Mortgage Trust 2023-4	2.56%	20.8%	4,051,469	$3.92M
5	Debt	Towd Point Mortgage Trust	2.52%	23.4%	3,972,604	$3.86M
6	Debt	-	2.14%	25.5%	3,692,852	$3.27M
7	—	Freddie Mac Pool	2.00%	27.5%	3,739,949	$3.07M
8	—	Rckt 2021-5 A1 11/51	1.98%	29.5%	3,691,159	$3.04M
9	Debt	Gs Mortgage-Backed Securities Trust 2024-Rpl2	1.87%	31.4%	3,000,000	$2.87M
10	Debt	-	1.82%	33.2%	3,240,397	$2.79M
11	—	Pret 2025-Rpl1 Trust	1.71%	34.9%	2,702,607	$2.62M
12	Debt	-	1.55%	36.4%	2,770,423	$2.38M
13	Debt	-	1.51%	37.9%	2,676,257	$2.31M
14	Debt	-	1.51%	39.4%	2,687,349	$2.31M
15	Debt	GCAT 2025-INV5 Trust	1.49%	40.9%	2,309,971	$2.28M
16	—	New Residential Mortgage Loan Trust 2022 Nqm4 A3 5.0000% Mat 06/25/2062	1.45%	42.4%	2,306,655	$2.23M
17	Debt	Prpm_26-Rcf4 M2 144A	1.42%	43.8%	2,300,000	$2.17M
18	Debt	Freddie Mac Pool	1.41%	45.2%	2,284,036	$2.16M
19	—	Fhlmc Pool 2052-09-01	1.36%	46.6%	2,538,278	$2.08M
20	—	Deephaven Residential Mortgage Trust 2026-HE1 6.68884% 09/25/2056 6.68884 09/25/2056	1.31%	47.9%	2,000,000	$2.00M
21	—	Figre Trust 2026-Hf7 5.36574% 07/25/2056	1.31%	49.2%	2,000,000	$2.00M
22	Debt	Saluda Grade Alternative Mortgage Trust 2026-Loc6	1.31%	50.5%	2,000,000	$2.00M
23	—	Pret 2025-Rpl1 A2	1.26%	51.8%	2,000,000	$1.92M
24	Debt	Efmt 2026-Rm2	1.24%	53.0%	2,000,000	$1.89M
25	—	Fannie Mae Pool Umbs P#Ma5551 4.50000000	1.23%	54.2%	2,002,482	$1.89M
26	—	Pret 2025-Rpl2 M2	1.21%	55.5%	2,000,000	$1.85M
27	—	Federal National Mortgage Association (Fnma)	1.20%	56.7%	2,147,046	$1.84M
28	Debt	Fannie Mae Pool	1.19%	57.8%	1,884,973	$1.83M
29	Debt	-	1.15%	59.0%	1,823,225	$1.76M
30	Debt	Freddie Mac Pool	1.14%	60.1%	1,797,798	$1.75M
31	Debt	New Residential Mortgage Loan Trust 2025-Nqm5	1.13%	61.3%	1,750,000	$1.73M
32	—	Colt Mortgage Loan Trust, Series 2022-3, Class B1	1.12%	62.4%	2,000,000	$1.72M
33	—	Mfa 2021-Inv2 Trust	1.08%	63.5%	2,000,000	$1.66M
34	—	Sgr 2021-1 A3	1.08%	64.5%	1,992,178	$1.66M
35	Debt	Obx 2026-Ces1 Trust	1.05%	65.6%	1,629,000	$1.61M
36	—	Csmc 2022-Ath2 4.98 2067-05-25	1.04%	66.6%	1,750,000	$1.60M
37	—	Mello 2022-Inv2 A15	1.04%	67.7%	1,901,275	$1.59M
38	Debt	Freddie Mac Pool	1.03%	68.7%	1,585,991	$1.58M
39	Debt	Obx 2022-J2 Trust	1.02%	69.7%	2,057,000	$1.56M
40	—	J.P. Morgan Wealth Management Series 2021-Atr1, Class A5, Variable Rate, Due 02/25/2050	1.01%	70.7%	1,812,956	$1.54M
41	Debt	Prpm_26-Rcf3 M2 144A	0.99%	71.7%	1,600,000	$1.51M
42	Debt	Deephaven Residential Mortgage Trust 2026-Ces1	0.97%	72.7%	1,500,000	$1.49M
43	—	Prp Advisors Llc Prpm 2025 Rcf1 A2 144A 2055-02-25	0.96%	73.7%	1,500,000	$1.47M
44	Debt	Fnma 30Yr	0.88%	74.5%	1,640,548	$1.34M
45	Debt	Gs Mortgage-Backed Securities Trust 2026-Ah2	0.88%	75.4%	1,350,000	$1.35M
46	—	Verus Securitization Trust 2021-3 Ser 2021-3 Cl B1 V/R Regd 144A P/P 3.20300000	0.87%	76.3%	1,750,000	$1.34M
47	—	Colt 2022-2 Mortgage Loan Trust 2067-02-25	0.85%	77.1%	1,566,000	$1.31M
48	Debt	Pimco Multisector Bond Active Exchange-Traded Fund Usetf	0.81%	77.9%	1,242,111	$1.24M
49	Debt	JPMorgan Mortgage Trust 2021-12	0.80%	78.7%	1,500,000	$1.23M
50	Debt	Prpm 2025-Rcf1 Llc	0.80%	79.5%	1,250,000	$1.22M
More holdings · Pro

Not reported for this fund: share changes.

FundXLS Pro

See the other 89 holdings of MBS

X-ray every fund you own at once, ETFs and mutual funds that hold stocks directly, and see how much of your money lands on the same stocks twice.

Unlock FundXLS Pro$45/quarter Pro · Cancel anytime

MBS ETF All Holdings

MBS holdings total 133 positions. The top 10 holdings account for 33.2% of the fund, led by Us 5Yr Note (Cbt) Dec26 at 7.8%, Umbs 30Yr Tba(Reg A) 5.50 09/16/2054 at 6.5%, Umbs 30yr Tba(reg A) 3% Sep 14, 2020 at 4.0%.

MBS portfolio concentration is moderate, with the top 10 representing 33.2% of total assets. The largest sector exposure is Financials at 26.4%.

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

139 of 133 holdings

Sector

Industry

Sort By

1
Us 5Yr Note (Cbt) Dec26
Other
7.83%
2
Umbs 30Yr Tba(Reg A) 5.50 09/16/2054
FNCL 5.5 9/11Financials
6.48%
3
Umbs 30yr Tba(reg A) 3% Sep 14, 2020
FNCL 6 9/11Financials
3.97%
4
Sequoia Mortgage Trust 2023-4 5.6919% 11/25/2053 5.6919 2053-11-25
Other
2.56%
5
Towd Point Mortgage Trust 4.5319% 07/25/2066
Other
2.52%
6
Fr Rb5146 2.5 02/01/2042
FR RB5146Financials
2.14%
7
Freddie Mac Pool
Other
2.00%
8
Rckt 2021-5 A1 11/51
Other
1.98%
9
Gs Mortgage-Backed Securities Trust 2024-Rpl2 4.1113% 07/25/2061 4.1113 2061-07-25
Other
1.87%
10
Fn Ma4422 2 09/01/2041
FN MA4422Financials
1.82%
11
Pret 2025-Rpl1 Trust|4|07/25/2069, 4.00%, 07/25/69
PRET 2025-RPL1 A1Financials
1.71%
12
Fn Ma4474 2 11/01/2041
FN MA4474Financials
1.55%
13
Fn Ma4364 2 06/01/2041
FN MA4364Financials
1.51%
14
Fn Ma4520 2 01/01/2042
FN MA4520Financials
1.51%
15
GCAT 2025-INV5 Trust 5.5% 12/25/2055 5.5 12/25/2055
Other
1.49%
16
New Residential Mortgage Loan Trust 2022 Nqm4 A3 5.0000% Mat 06/25/2062
Other
1.45%
17
Prpm_26-Rcf4 M2 144A 0% 06/26/2056
Other
1.42%
18
Freddie Mac Pool 4.5% 02/01/2054 4.5 2054-02-01
Other
1.41%
19
Fhlmc Pool 2052-09-01
Other
1.36%
20
Deephaven Residential Mortgage Trust 2026-HE1 6.68884% 09/25/2056 6.68884 09/25/2056
Other
1.31%
21
Figre Trust 2026-Hf7 5.36574% 07/25/2056
Other
1.31%
22
Saluda Grade Alternative Mortgage Trust 2026-Loc6 6.2483% 06/25/2056
Other
1.31%
23
Pret 2025-Rpl1 A2
Other
1.26%
24
Efmt 2026-Rm2 4.75% 05/25/2056
Other
1.24%
25
Fannie Mae Pool Umbs P#Ma5551 4.50000000
FN MA5551Financials
1.23%
26
Pret 2025-Rpl2 M2
Other
1.21%
27
Federal National Mortgage Association (Fnma)
Other
1.20%
28
Fannie Mae Pool 5% 11/01/2054
Other
1.19%
29
Fn Ma5759 5 7/1/2055
FN MA5759Financials
1.15%
30
Freddie Mac Pool 5% 10/01/2054 5 2054-10-01
Other
1.14%
31
New Residential Mortgage Loan Trust 2025-Nqm5 6.088% 08/25/2065 6.088 2065-08-25
Other
1.13%
32
Colt Mortgage Loan Trust, Series 2022-3, Class B1
Other
1.12%
33
Mfa 2021-Inv2 Trust
Other
1.08%
34
Sgr 2021-1 A3
Other
1.08%
35
Obx 2026-Ces1 Trust 5.636% 04/25/2056 5.636 2056-04-25
Other
1.05%
36
Csmc 2022-Ath2 4.98 2067-05-25
Other
1.04%
37
Mello 2022-Inv2 A15
Other
1.04%
38
Freddie Mac Pool 5.5% 12/01/2054 5.5 2054-12-01
Other
1.03%
39
Obx 2022-J2 Trust 3% 08/25/2052 3
Other
1.02%
40
J.P. Morgan Wealth Management Series 2021-Atr1, Class A5, Variable Rate, Due 02/25/2050
Other
1.01%
41
Prpm_26-Rcf3 M2 144A 0 05/25/2056
Other
0.99%
42
Deephaven Residential Mortgage Trust 2026-Ces1 5.928% 03/25/2061 5.928 2061-03-25
Other
0.97%
43
Prp Advisors Llc Prpm 2025 Rcf1 A2 144A 2055-02-25
Other
0.96%
44
Fnma 30Yr 2.5% 01/01/2052#Fp0069
FN FP0069Financials
0.88%
45
Gs Mortgage-Backed Securities Trust 2026-Ah2 5.8818% 11/25/2056
Other
0.88%
46
Verus Securitization Trust 2021-3 Ser 2021-3 Cl B1 V/R Regd 144A P/P 3.20300000
Other
0.87%
47
Colt 2022-2 Mortgage Loan Trust 2067-02-25
Other
0.85%
48
Pimco Multisector Bond Active Exchange-Traded Fund Usetf 5.77% 25/07/2056
Other
0.81%
49
Jp Morgan Mortgage Trust 2021-12 2.5% 02/25/2052 2.5 2052-02-25
Other
0.80%
50
Prpm 2025-Rcf1 Llc 4.5% 02/25/2055 4.5 2055-02-25
Other
0.80%
51
Starwood Mortgage Residential Trust 2022-2 02-25-2067
Other
0.79%
52
Pret 2025-Rpl3 Trust Pret 2025 Rpl3 M1 144A
Other
0.78%
53
Provident Funding Mortgage Trust 2021-Inv1 2.5 2051-08-25
Other
0.78%
54
Colt Mortgage Loan Trust, Series 2022-1, Class B2 12/27/2066
Other
0.76%
55
Verus Securitization Trust 2022-2 4.2653% 02/25/2067
Other
0.69%
56
Jpmmt 2021-1 A3 V/R 05/25/44
Other
0.68%
57
Pretium Mortgage Credit Partners Llc 5.8539% 08/25/2056
Other
0.66%
58
Ellington Financial Mortgage T Efmt 2022 4 B1 144A
Other
0.65%
59
Figre Trust 2026-Exp1 6.846% 06/25/2056
Other
0.65%
60
Jp Morgan Mortgage Trust 2021-13 2.5 2052-04-25
Other
0.65%
61
Saluda Grade Alternative Mortgage Trust 2024-Fig5 7.297% 04/25/2054
Other
0.65%
62
Grade 2026 Vrn 04/25/2056 0 2056-04-25
Other
0.65%
63
Csmc 2021-Nqm8 2.405% 10/25/2066
Other
0.64%
64
Umbs 2053-09-01
FN MA5139Financials
0.64%
65
Point Securitization Trust 2026-1 5.25 57035 2056-02-25
Other
0.64%
66
Csmc 2021-Nqm2 2066/02/25
Other
0.63%
67
Prpm 2024-Rpl2 Llc 3.5 2054-05-25
Other
0.63%
68
Prpm, Llc 2025-Rpl3 3.25 2055-04-25
Other
0.63%
69
Atlx 2024-Rpl1 Trust 4.4073% 04/25/2064
Other
0.62%
70
Atlx 2024-Rpl2 Trust 3.85 59651 2063-04-25
Other
0.62%
71
Brean Asset Backed Securities Trust 2026-Rm15 4.25% 04/25/2066 4.25 2066-04-25
Other
0.62%
72
Gs Mortgage-Backed Securities Trust 2025-Rpl3 4.1% 07/25/2065
Other
0.62%
73
GS Mortgage-Backed Securities Trust 2025-RPL3 4.1% 07/25/2065 4.1 07/25/2065
Other
0.62%
74
Colt 2021-1 Mortgage Loan Trust 2.287% 06/25/2066 2.287 2066-06-25
Other
0.61%
75
Pret 2025-Rpl1 M2
Other
0.61%
76
Gs Mortgage-Backed Securities Trust 2021-Pj9 2% 02/26/2052 2 2052-02-26
Other
0.60%
77
Pret 2026-Rpl3 Trust 4.4% 06/25/2070
Other
0.60%
78
Csmc 2021-Nqm5 Trust 2066/05/25
Other
0.58%
79
Fnma Pass-Thru I Fn Fm6099
Other
0.58%
80
Pretium Mortgage Credit Partners Llc Series 2026-Rpl3, Class M2, Variable Rate, Due 06/25/2070
Other
0.58%
81
First American Government Obligations Fund
FGUXXUnknown
0.57%
82
Verus_21-8
Other
0.57%
83
Verus Securitization Trust 2022-3
Other
0.56%
84
Figre Trust 2025-Pf2 6.139% 10/25/2055 6.139 2055-10-25
Other
0.55%
85
Mfa 2021-Rpl1 Trust Ser 2021-Rpl1 Cl M2 V/R Regd 144A P/P 2.85470000
Other
0.55%
86
Verus Securitization 3 M1 144A Var Rt 06/25/2066 Dd 06/01/21
Other
0.54%
87
Cim Trust 2022-R1 4% 01/25/2061 4 2061-01-25
Other
0.52%
88
Fnma 30Yr 4% 03/01/2054
Other
0.52%
89
Starwood Mortgage Residential Trust 2022-3 4.161 2067-03-25
Other
0.52%
90
Csmc 2021 Nqm3 M1 144A 2.317 2066-04-25
Other
0.51%
91
Freddie Mac Pool 6.5 2054-09-01
FR QJ3250Financials
0.51%
92
Jpmmt 2021-4 A3 V/R 08/25/51
Other
0.50%
93
Jp Morgan Mortgage Trust 2021-6 2.50% 10/25/51
Other
0.50%
94
Ellington Financial Mortgage Trust 2021-3
Other
0.48%
95
Saluda Grade Alternative Mortgage Trust 2022-Seq2 4.5% 02/25/2052 4.5 2052-02-25
Other
0.48%
96
Fannie Mae Pool Fn Bf0496 3.000000% 07/01/2060
Other
0.46%
97
Csmc 2021-Afc1 Trust 2.193% 03/25/2056 2.193 2056-03-25
Other
0.45%
98
Sg Residential Mortgage Trust 2021-2 4.038% 12/25/2061
Other
0.41%
99
Gs Mortgage Backed Securities 2.5 04/25/2052
Other
0.40%
100
Fr Rb5149 2.5 03/01/2042
FR RB5149Financials
0.39%
101
Ellington Financial Mortgage Trust 2017-1 4.141% 02/25/2066 4.141 2066-02-25
Other
0.39%
102
Ellington Financial Mortgage Trust 2022-1 3.8598% 01/25/2067 3.8598 2067-01-25
Other
0.38%
103
Obx 2021-J2 Trust 2.5% 07/25/2051
Other
0.37%
104
New Residential Mtg Ln Tr Mtg Bkd Nt Cl B-6 144a 2052-05-28
Other
0.36%
105
Deephaven Residential Mortgage Trust 2021-3 3.273% 08/25/2066
Other
0.35%
106
Freddie Mac Pool,Fr Sd8447 6 2054-06-01
FR SD8447Financials
0.34%
107
Sg Residential Mortgage Trust 2021-1
Other
0.33%
108
PRPM 2026-RCF5 LLC 5.75% 08/25/2056 5.75 08/25/2056
Other
0.32%
109
Prpm 2026-Rcf5 Llc 5.75% 08/25/2056 5.75 08/25/2056
Other
0.32%
110
Atlx 2024-Rpl1 Var 04/64
Other
0.31%
111
Prpm 2025-Rcf3 Llc 5.25 2055-07-25
Other
0.31%
112
Prpm 2024-Rcf4 Llc
Other
0.31%
113
Towd Point Mortgage Trust 2024-4
Other
0.31%
114
New Residential Mortgag Mb 0% 65, 4.00%, 12/25/65
Other
0.30%
115
New Residential Mortgage Loan Trust 2026-Rpl1 4% 12/25/2065
Other
0.30%
116
Towd Point Mortgage Trust 2024-4 4.5524% 10/27/2064 4.5524 2064-10-27
Other
0.30%
117
Towd Point Mortgage Trust 2020-4 2.875% 10/25/2060 2.875 2060-10-25
Other
0.29%
118
Mfa 2021-Rpl1 Trust Ser 2021-Rpl1 Cl A2 V/R Regd 144A P/P 2.07160000
Other
0.28%
119
Obx 2021-Nqm2 Trust 1.563% 05/25/2061
Other
0.28%
120
Obx 2021-Nqm1 Tr A1 1.072% 02/25/2066 144A
OBX 2021-NQM1 A1Financials
0.28%
121
Saluda Grade Alternative Mortgage Trust 2025-Loc5 7.741% 10/25/2055 7.741 2055-10-25
Other
0.27%
122
Jp Morgan Mortgage Trust Series 2024-5
Other
0.25%
123
Rate Mortgage Trust 2021-J3 2.5% 10/25/2051
Other
0.22%
124
Verus Securitization Trust 2026-3 6.8133% 03/25/2071 6.8133 2071-03-25
Other
0.19%
125
Corevest American Finance 2020-4 Trust 2.712% 12/15/2052
Other
0.17%
126
Saluda Grade Alternative Mortgage Trust 2026-Loc6 1.5% 06/25/2056
Other
0.17%
127
Wells Fargo Mortgage Backed Securities 2021-2 Trust 2.50
Other
0.15%
128
Freddie Mac Pool Umbs P#Rc1914 2.00000000
FR RC1914Financials
0.14%
129
Morgan Stanley Res Ln 2023-3 B-4 6.5825% 09/25/2053
Other
0.14%
130
Starwood Mortgage Residential Trust 2022-3 4.161 03/25/2067
STAR 2022-3 A1Financials
0.11%
131
Verus Securitization Trust Series 2022-3, Class A3, Variable Rate, Due 02/25/2067
Other
0.11%
132
Mill City Mortgage Loan Trust 2017-2 Ser 2017-2 Cl M3 V/r Regd 144a P/p 3.25000000
Other
0.10%
133
Imperial Fund Mortgage Trust Series 2021-Nqm1 Cl. A3 1.617% 6/25/2056
Other
0.09%
134
Colt 2021-3 Mortgage Loan Trust 2.30
Other
0.06%
135
Ellington Financial Mortgage T Efmt 2021 2 M1 144A
Other
0.06%
136
Deephaven Residential Mortgage Trust 2021-2 2.217% 04/25/2066 2.217 2066-04-25
Other
0.05%
137
Jp Morgan Mortgage Trust Ser 2019-6 Cl B3 V/R Regd 144A P/P 4.27129000
Other
0.05%
138
J.P. Morgan Mortgage Trust 2023-6 0.2341% 12/26/2053
Other
0.04%
139
Cash & Other
Other
-10.56%

#	Company	Ticker	Weight
1	Us 5Yr Note (Cbt) Dec26	-	7.830%
2	Umbs 30Yr Tba(Reg A) 5.50 09/16/2054	FNCL 5.5 9/11	6.480%
3	Umbs 30yr Tba(reg A) 3% Sep 14, 2020	FNCL 6 9/11	3.970%
4	Sequoia Mortgage Trust 2023-4 5.6919% 11/25/2053 5.6919 2053-11-25	-	2.560%
5	Towd Point Mortgage Trust 4.5319% 07/25/2066	-	2.520%
6	Fr Rb5146 2.5 02/01/2042	FR RB5146	2.140%
7	Freddie Mac Pool	-	2.000%
8	Rckt 2021-5 A1 11/51	-	1.980%
9	Gs Mortgage-Backed Securities Trust 2024-Rpl2 4.1113% 07/25/2061 4.1113 2061-07-25	-	1.870%
10	Fn Ma4422 2 09/01/2041	FN MA4422	1.820%
11	Pret 2025-Rpl1 Trust\|4\|07/25/2069, 4.00%, 07/25/69	PRET 2025-RPL1 A1	1.710%
12	Fn Ma4474 2 11/01/2041	FN MA4474	1.550%
13	Fn Ma4364 2 06/01/2041	FN MA4364	1.510%
14	Fn Ma4520 2 01/01/2042	FN MA4520	1.510%
15	GCAT 2025-INV5 Trust 5.5% 12/25/2055 5.5 12/25/2055	-	1.490%
16	New Residential Mortgage Loan Trust 2022 Nqm4 A3 5.0000% Mat 06/25/2062	-	1.450%
17	Prpm_26-Rcf4 M2 144A 0% 06/26/2056	-	1.420%
18	Freddie Mac Pool 4.5% 02/01/2054 4.5 2054-02-01	-	1.410%
19	Fhlmc Pool 2052-09-01	-	1.360%
20	Deephaven Residential Mortgage Trust 2026-HE1 6.68884% 09/25/2056 6.68884 09/25/2056	-	1.310%
21	Figre Trust 2026-Hf7 5.36574% 07/25/2056	-	1.310%
22	Saluda Grade Alternative Mortgage Trust 2026-Loc6 6.2483% 06/25/2056	-	1.310%
23	Pret 2025-Rpl1 A2	-	1.260%
24	Efmt 2026-Rm2 4.75% 05/25/2056	-	1.240%
25	Fannie Mae Pool Umbs P#Ma5551 4.50000000	FN MA5551	1.230%
26	Pret 2025-Rpl2 M2	-	1.210%
27	Federal National Mortgage Association (Fnma)	-	1.200%
28	Fannie Mae Pool 5% 11/01/2054	-	1.190%
29	Fn Ma5759 5 7/1/2055	FN MA5759	1.150%
30	Freddie Mac Pool 5% 10/01/2054 5 2054-10-01	-	1.140%
31	New Residential Mortgage Loan Trust 2025-Nqm5 6.088% 08/25/2065 6.088 2065-08-25	-	1.130%
32	Colt Mortgage Loan Trust, Series 2022-3, Class B1	-	1.120%
33	Mfa 2021-Inv2 Trust	-	1.080%
34	Sgr 2021-1 A3	-	1.080%
35	Obx 2026-Ces1 Trust 5.636% 04/25/2056 5.636 2056-04-25	-	1.050%
36	Csmc 2022-Ath2 4.98 2067-05-25	-	1.040%
37	Mello 2022-Inv2 A15	-	1.040%
38	Freddie Mac Pool 5.5% 12/01/2054 5.5 2054-12-01	-	1.030%
39	Obx 2022-J2 Trust 3% 08/25/2052 3	-	1.020%
40	J.P. Morgan Wealth Management Series 2021-Atr1, Class A5, Variable Rate, Due 02/25/2050	-	1.010%
41	Prpm_26-Rcf3 M2 144A 0 05/25/2056	-	0.990%
42	Deephaven Residential Mortgage Trust 2026-Ces1 5.928% 03/25/2061 5.928 2061-03-25	-	0.970%
43	Prp Advisors Llc Prpm 2025 Rcf1 A2 144A 2055-02-25	-	0.960%
44	Fnma 30Yr 2.5% 01/01/2052#Fp0069	FN FP0069	0.880%
45	Gs Mortgage-Backed Securities Trust 2026-Ah2 5.8818% 11/25/2056	-	0.880%
46	Verus Securitization Trust 2021-3 Ser 2021-3 Cl B1 V/R Regd 144A P/P 3.20300000	-	0.870%
47	Colt 2022-2 Mortgage Loan Trust 2067-02-25	-	0.850%
48	Pimco Multisector Bond Active Exchange-Traded Fund Usetf 5.77% 25/07/2056	-	0.810%
49	Jp Morgan Mortgage Trust 2021-12 2.5% 02/25/2052 2.5 2052-02-25	-	0.800%
50	Prpm 2025-Rcf1 Llc 4.5% 02/25/2055 4.5 2055-02-25	-	0.800%
51	Starwood Mortgage Residential Trust 2022-2 02-25-2067	-	0.790%
52	Pret 2025-Rpl3 Trust Pret 2025 Rpl3 M1 144A	-	0.780%
53	Provident Funding Mortgage Trust 2021-Inv1 2.5 2051-08-25	-	0.780%
54	Colt Mortgage Loan Trust, Series 2022-1, Class B2 12/27/2066	-	0.760%
55	Verus Securitization Trust 2022-2 4.2653% 02/25/2067	-	0.690%
56	Jpmmt 2021-1 A3 V/R 05/25/44	-	0.680%
57	Pretium Mortgage Credit Partners Llc 5.8539% 08/25/2056	-	0.660%
58	Ellington Financial Mortgage T Efmt 2022 4 B1 144A	-	0.650%
59	Figre Trust 2026-Exp1 6.846% 06/25/2056	-	0.650%
60	Jp Morgan Mortgage Trust 2021-13 2.5 2052-04-25	-	0.650%
61	Saluda Grade Alternative Mortgage Trust 2024-Fig5 7.297% 04/25/2054	-	0.650%
62	Grade 2026 Vrn 04/25/2056 0 2056-04-25	-	0.650%
63	Csmc 2021-Nqm8 2.405% 10/25/2066	-	0.640%
64	Umbs 2053-09-01	FN MA5139	0.640%
65	Point Securitization Trust 2026-1 5.25 57035 2056-02-25	-	0.640%
66	Csmc 2021-Nqm2 2066/02/25	-	0.630%
67	Prpm 2024-Rpl2 Llc 3.5 2054-05-25	-	0.630%
68	Prpm, Llc 2025-Rpl3 3.25 2055-04-25	-	0.630%
69	Atlx 2024-Rpl1 Trust 4.4073% 04/25/2064	-	0.620%
70	Atlx 2024-Rpl2 Trust 3.85 59651 2063-04-25	-	0.620%
71	Brean Asset Backed Securities Trust 2026-Rm15 4.25% 04/25/2066 4.25 2066-04-25	-	0.620%
72	Gs Mortgage-Backed Securities Trust 2025-Rpl3 4.1% 07/25/2065	-	0.620%
73	GS Mortgage-Backed Securities Trust 2025-RPL3 4.1% 07/25/2065 4.1 07/25/2065	-	0.620%
74	Colt 2021-1 Mortgage Loan Trust 2.287% 06/25/2066 2.287 2066-06-25	-	0.610%
75	Pret 2025-Rpl1 M2	-	0.610%
76	Gs Mortgage-Backed Securities Trust 2021-Pj9 2% 02/26/2052 2 2052-02-26	-	0.600%
77	Pret 2026-Rpl3 Trust 4.4% 06/25/2070	-	0.600%
78	Csmc 2021-Nqm5 Trust 2066/05/25	-	0.580%
79	Fnma Pass-Thru I Fn Fm6099	-	0.580%
80	Pretium Mortgage Credit Partners Llc Series 2026-Rpl3, Class M2, Variable Rate, Due 06/25/2070	-	0.580%
81	First American Government Obligations Fund	FGUXX	0.570%
82	Verus_21-8	-	0.570%
83	Verus Securitization Trust 2022-3	-	0.560%
84	Figre Trust 2025-Pf2 6.139% 10/25/2055 6.139 2055-10-25	-	0.550%
85	Mfa 2021-Rpl1 Trust Ser 2021-Rpl1 Cl M2 V/R Regd 144A P/P 2.85470000	-	0.550%
86	Verus Securitization 3 M1 144A Var Rt 06/25/2066 Dd 06/01/21	-	0.540%
87	Cim Trust 2022-R1 4% 01/25/2061 4 2061-01-25	-	0.520%
88	Fnma 30Yr 4% 03/01/2054	-	0.520%
89	Starwood Mortgage Residential Trust 2022-3 4.161 2067-03-25	-	0.520%
90	Csmc 2021 Nqm3 M1 144A 2.317 2066-04-25	-	0.510%
91	Freddie Mac Pool 6.5 2054-09-01	FR QJ3250	0.510%
92	Jpmmt 2021-4 A3 V/R 08/25/51	-	0.500%
93	Jp Morgan Mortgage Trust 2021-6 2.50% 10/25/51	-	0.500%
94	Ellington Financial Mortgage Trust 2021-3	-	0.480%
95	Saluda Grade Alternative Mortgage Trust 2022-Seq2 4.5% 02/25/2052 4.5 2052-02-25	-	0.480%
96	Fannie Mae Pool Fn Bf0496 3.000000% 07/01/2060	-	0.460%
97	Csmc 2021-Afc1 Trust 2.193% 03/25/2056 2.193 2056-03-25	-	0.450%
98	Sg Residential Mortgage Trust 2021-2 4.038% 12/25/2061	-	0.410%
99	Gs Mortgage Backed Securities 2.5 04/25/2052	-	0.400%
100	Fr Rb5149 2.5 03/01/2042	FR RB5149	0.390%
101	Ellington Financial Mortgage Trust 2017-1 4.141% 02/25/2066 4.141 2066-02-25	-	0.390%
102	Ellington Financial Mortgage Trust 2022-1 3.8598% 01/25/2067 3.8598 2067-01-25	-	0.380%
103	Obx 2021-J2 Trust 2.5% 07/25/2051	-	0.370%
104	New Residential Mtg Ln Tr Mtg Bkd Nt Cl B-6 144a 2052-05-28	-	0.360%
105	Deephaven Residential Mortgage Trust 2021-3 3.273% 08/25/2066	-	0.350%
106	Freddie Mac Pool,Fr Sd8447 6 2054-06-01	FR SD8447	0.340%
107	Sg Residential Mortgage Trust 2021-1	-	0.330%
108	PRPM 2026-RCF5 LLC 5.75% 08/25/2056 5.75 08/25/2056	-	0.320%
109	Prpm 2026-Rcf5 Llc 5.75% 08/25/2056 5.75 08/25/2056	-	0.320%
110	Atlx 2024-Rpl1 Var 04/64	-	0.310%
111	Prpm 2025-Rcf3 Llc 5.25 2055-07-25	-	0.310%
112	Prpm 2024-Rcf4 Llc	-	0.310%
113	Towd Point Mortgage Trust 2024-4	-	0.310%
114	New Residential Mortgag Mb 0% 65, 4.00%, 12/25/65	-	0.300%
115	New Residential Mortgage Loan Trust 2026-Rpl1 4% 12/25/2065	-	0.300%
116	Towd Point Mortgage Trust 2024-4 4.5524% 10/27/2064 4.5524 2064-10-27	-	0.300%
117	Towd Point Mortgage Trust 2020-4 2.875% 10/25/2060 2.875 2060-10-25	-	0.290%
118	Mfa 2021-Rpl1 Trust Ser 2021-Rpl1 Cl A2 V/R Regd 144A P/P 2.07160000	-	0.280%
119	Obx 2021-Nqm2 Trust 1.563% 05/25/2061	-	0.280%
120	Obx 2021-Nqm1 Tr A1 1.072% 02/25/2066 144A	OBX 2021-NQM1 A1	0.280%
121	Saluda Grade Alternative Mortgage Trust 2025-Loc5 7.741% 10/25/2055 7.741 2055-10-25	-	0.270%
122	Jp Morgan Mortgage Trust Series 2024-5	-	0.250%
123	Rate Mortgage Trust 2021-J3 2.5% 10/25/2051	-	0.220%
124	Verus Securitization Trust 2026-3 6.8133% 03/25/2071 6.8133 2071-03-25	-	0.190%
125	Corevest American Finance 2020-4 Trust 2.712% 12/15/2052	-	0.170%
126	Saluda Grade Alternative Mortgage Trust 2026-Loc6 1.5% 06/25/2056	-	0.170%
127	Wells Fargo Mortgage Backed Securities 2021-2 Trust 2.50	-	0.150%
128	Freddie Mac Pool Umbs P#Rc1914 2.00000000	FR RC1914	0.140%
129	Morgan Stanley Res Ln 2023-3 B-4 6.5825% 09/25/2053	-	0.140%
130	Starwood Mortgage Residential Trust 2022-3 4.161 03/25/2067	STAR 2022-3 A1	0.110%
131	Verus Securitization Trust Series 2022-3, Class A3, Variable Rate, Due 02/25/2067	-	0.110%
132	Mill City Mortgage Loan Trust 2017-2 Ser 2017-2 Cl M3 V/r Regd 144a P/p 3.25000000	-	0.100%
133	Imperial Fund Mortgage Trust Series 2021-Nqm1 Cl. A3 1.617% 6/25/2056	-	0.090%
134	Colt 2021-3 Mortgage Loan Trust 2.30	-	0.060%
135	Ellington Financial Mortgage T Efmt 2021 2 M1 144A	-	0.060%
136	Deephaven Residential Mortgage Trust 2021-2 2.217% 04/25/2066 2.217 2066-04-25	-	0.050%
137	Jp Morgan Mortgage Trust Ser 2019-6 Cl B3 V/R Regd 144A P/P 4.27129000	-	0.050%
138	J.P. Morgan Mortgage Trust 2023-6 0.2341% 12/26/2053	-	0.040%
139	Cash & Other	-	-10.560%