| Farmer Mac Agricultural Real Estate Trust Series 2024-1, Class B, Variable rate, due 10/01/2053 | 4.85 | 561,910 |
| LHOME Mortgage Trust Series 2024-RTL2, Class A2, Variable rate, due 03/25/2029 | 4.43 | 445,000 |
| Morgan Stanley Capital I Trust Series 2019-L2, Class XA, Variable rate, due 03/15/2052 | 3.43 | 11,284,248 |
| Bank Series 2021-BN31, Class XB, Variable rate, due 02/15/2054 | 3.14 | 7,500,000 |
| NYO Commercial Mortgage Trust Series 2021-1290, Class D, Variable rate, due 11/15/2038 | 3.07 | 320,000 |
| Island Finance Trust 2025-1 Series 2025-1A, Class B, 7.95%, due 03/19/2035 | 3.02 | 300,000 |
| Pagaya AI Debt Selection Trust Series 2024-3, Class D, 9%, due 10/15/2031 | 3.02 | 303,487 |
| MCR Mortgage Trust Series 2024-TWA, Class E, 8.725%, due 06/12/2039 | 2.98 | 300,000 |
| Island Finance Trust 2025-1 Series 2025-1A, Class C, 10%, due 03/19/2035 | 2.96 | 300,000 |
| Verus Securitization Trust Series 2021-R2, Class B2, Variable rate, due 02/25/2064 | 2.79 | 375,000 |
| PRP Advisors, LLC Series 2024-3, Class A2, Variable rate, due 05/25/2029 | 2.73 | 275,000 |
| LHOME Mortgage Trust Series 2024-RTL3, Class M, 10.728%, due 05/25/2029 | 2.72 | 275,000 |
| PRP Advisors, LLC Series 2024-RPL4, Class M2, Variable rate, due 12/25/2054 | 2.71 | 325,000 |
| Fannie Mae or Freddie Mac TBA, 3%, due 03/01/2052 | 2.70 | 322,000 |
| Ellington Financial Mortgage Trust Series 2019-2, Class M1, Variable rate, due 11/25/2059 | 2.65 | 289,000 |
| BX Trust Series 2019-IMC, Class F, Variable rate, due 04/15/2034 | 2.65 | 275,000 |
| CSAIL Commercial Mortgage Trust Series 2015-C3, Class B, Variable rate, due 08/15/2048 | 2.64 | 285,000 |
| Apidos CLO Ltd Series 2018-29A, Class D2R, Variable rate, due 07/25/2038 | 2.58 | 260,000 |
| Verus Securitization Trust Series 2021-5, Class B2, Variable rate, due 09/25/2066 | 2.57 | 367,000 |
| Exeter Automobile Receivables Trust Series 2024-1A, Class E, 7.89%, due 08/15/2031 | 2.55 | 250,000 |
| LHOME Mortgage Trust Series 2024-RTL2, Class M, Variable rate, due 03/25/2029 | 2.54 | 255,000 |
| Verus Securitization Trust Series 2024-INV2, Class B2, Variable rate, due 08/26/2069 | 2.54 | 260,000 |
| PRP Advisors, LLC Series 2025-2, Class A1, Variable rate, due 05/25/2030 | 2.52 | 255,000 |
| REMIC FUNDING TRUST 98-1 Series 2025-2, Class A, Variable rate, due 05/27/2055 | 2.51 | 255,000 |
| BRAVO Residential Funding Trust Series 2024-NQM6, Class B1, Variable rate, due 08/01/2064 | 2.49 | 255,000 |
| Barclays Commercial Mortgage Securities LLC Series 2018-TALL, Class A, Variable rate, due 03/15/2037 | 2.49 | 268,000 |
| SHR Trust Series 2024-LXRY, Class E, Variable rate, due 10/15/2041 | 2.45 | 250,000 |
| FHLMC Multifamily Structured Pass Through Certs. Series K755, Class X3, Variable rate, due 02/25/2059 | 2.39 | 940,000 |
| CoreVest American Finance Ltd Series 2021-1, Class A, 1.569%, due 04/15/2053 | 2.09 | 218,540 |
| Barclays Commercial Mortgage Securities LLC Series 2024-5C25, Class XA, Variable rate, due 03/15/2057 | 1.93 | 4,999,396 |
| BENCHMARK Mortgage Trust Series 2024-V6, Class XA, Variable rate, due 10/15/2028 | 1.93 | 4,439,506 |
| US Dollar | 1.85 | 188,033 |
| Pagaya AI Debt Selection Trust Series 2024-2, Class C, 7.573%, due 08/15/2031 | 1.69 | 169,096 |
| BWAY Mortgage Trust Series 2025-1535, Class B, Variable rate, due 05/05/2030 | 1.59 | 155,000 |
| CFCRE Commercial Mortgage Trust Series 2017-C8, Class XA, Variable rate, due 06/15/2050 | 1.57 | 7,616,191 |
| Fannie Mae or Freddie Mac TBA, 4%, due 05/01/2052 | 1.54 | 170,000 |
| Verus Securitization Trust Series 2025-INV1, Class B1, Variable rate, due 02/25/2070 | 1.48 | 150,000 |
| MCR Mortgage Trust Series 2024-TWA, Class F, 10.382%, due 06/12/2039 | 1.16 | 115,000 |
| Freddie Mac Multiclass Certificates Series 2020-RR07, Class AX, Variable rate, due 09/27/2028 | 0.97 | 1,500,000 |
| GNMA Series 2024-32, Class IO, Variable rate, due 06/16/2063 | 0.97 | 1,925,747 |
| FNA VI LLC Series 2021-1A, Class A, Variable rate, due 01/10/2032 | 0.38 | 41,877 |
| Fannie Mae or Freddie Mac TBA, 5%, due 09/01/2054 | 0.24 | 25,000 |
| Bank Series 2019-BN22, Class XA, Variable rate, due 11/15/2062 | 0.24 | 1,051,456 |
| Bank Series 2019-BN24, Class XA, Variable rate, due 11/15/2062 | 0.24 | 973,566 |
| 2025-08-22 US LONG BOND(CBT) Sep25 P 95 | 0.00 | 2 |
| US 5YR NOTE (CBT) Sep25 | 0.00 | 14 |
| US 2YR NOTE (CBT) Sep25 | 0.00 | -1 |
| US 10YR NOTE (CBT)Sep25 | 0.00 | 4 |
| US LONG BOND(CBT) Sep25 | 0.00 | -5 |
| US 10yr Ultra Fut Sep25 | 0.00 | 2 |
