(MINC) NEWFLEET MULTI-SECTOR INCOME ETF

NAV as of 12/3/2021

$48.39

1 Day NAV Change as of 12/3/2021

$0.06

Manager Commentary
Fact Sheet
Social Conversation

MINC

Overview

The AdvisorShares Newfleet Multi-Sector Income ETF (NYSE Arca: MINC) seeks to provide current income consistent with preservation of capital, while limiting fluctuations in net asset value (“NAV”) due to changes in interest rates. MINC is managed by Newfleet Asset Management (“Portfolio Manager”), an investment subsidiary of Virtus Investment Partners. Newfleet believes that active fixed income sector rotation and quality security selection, combined with disciplined risk management, offers the best potential to achieve the Fund’s investment objective of providing a high level of total return, including a competitive level of current income in the fixed income market.

Symbol Exchange Inception Date CUSIP Indicative NAV
MINC NYSE Arca 3/19/2013 00768Y727 MINC.NV
<strong>Why Invest in MINC?</strong>
  • For Portfolio Diversification – Spreading your investment risk among bonds in all the material bond sectors, including bonds with different maturities and credit qualities can help diversify an overall portfolio.
  • For a Value-Oriented Approach to Fixed Income Investing – The portfolio manager believes that active bond sector rotation and quality security selection, combined with disciplined risk management, is the most effective means of achieving total returns in the fixed income market.
  • For Simplified Bond Investing – MINC is designed for any investor seeking one bond fund that includes all the major bond sectors.
<strong>Key Attributes</strong>
  1. Low Duration – MINC’s low average duration, targeted at between 1 and 3 years, may potentially make it less sensitive to interest rate changes than other bond ETFs with higher average durations.
  2. High Quality – MINC primarily invests in high quality investment-grade debt, which are securities with credit ratings within the 4 highest rating categories of nationally recognized bond rating organizations.
  3. Active Bond Sector Rotation – The Portfolio Manager actively seeks to strategically overweight undervalued bond sectors in an effort to add value to the portfolio.
  4. Risk Controls – The portfolio manager employs disciplined risk management controls with the following parameters: Below investment grade maximum: 20%; Non-U.S. maximum: 30%; Industry maximum: 25%.
  5. Professional Experience – The portfolio management team has over 70 years of combined investment experience. MINC is being carefully managed by seasoned investment professionals.
<strong>About the Portfolio Managers</strong>
David L. Albrycht, CFA. – President and Chief Investment Officer
David Albrycht is president and chief investment officer of Newfleet Asset Management, an investment management affiliate of Virtus Investment Partners. Prior to joining Newfleet in 2011, Mr. Albrycht was executive managing director and senior portfolio manager with Goodwin Capital Advisers, a former Virtus investment management subsidiary. He joined the Goodwin multi-sector fixed income team in 1985 as a credit analyst and has managed fixed income portfolios since 1991.

Mr. Albrycht earned a B.A., cum laude, from Central Connecticut State University and an M.B.A., with honors, from the University of Connecticut. He holds the Chartered Financial Analyst designation.

Benjamin L. Caron, CFA, Senior Managing Director
In his current role, Mr. Caron is co-portfolio manager of, and assists in the management of, several fixed income portfolios at Newfleet Asset Management, an investment management affiliate of Virtus Investment Partners. Working with the CIO and senior portfolio manager, Mr. Caron contributes to multi-sector strategy and is responsible for strategy execution and portfolio monitoring across open-end funds, closed-end funds, ETFs, and offshore vehicles that the team manages. Prior to joining the Sub-Advisor in 2011, Mr. Caron was on the fixed income team at Goodwin Capital Advisers (the former Phoenix Investment Counsel).

Mr. Caron earned a B.A. from Syracuse University and an M.B.A. from Suffolk University. He is a CFA® (Chartered Financial Analyst®) charterholder. Mr. Caron began his career in the investment industry in 1997.

Manager Commentary

Fund

Price History

As of 12/3/2021

NAV $48.39 Closing Price $48.29
Change $0.06 Close Change $0.00
Shares Outstanding 2,040,000 Volume 2,241
4PM Bid/Offer Midpoint $48.29 Premium Discount $-0.10
Assets Under Management $98,707,934.13 30-Day Median bid-ask Spread -
Premium/Discount Historical Data | NAV Historical Data | Daily Premium/Discount Historical Data
Shares are bought and sold at market price (closing price) not NAV and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined), and do not represent the return you would receive if you traded at other times.

FUND

Performance

As of 10/31/2021

NAV Market Price Return Bloomberg Capital Aggregate Bond Index BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index
1 Month -0.3 -0.57 -0.03 -0.46
3 Months -0.38 -0.43 -1.08 -0.78
YTD 0.26 -0.01 -1.58 -0.65
1 Year 1.48 1.41 -0.48 -0.46
3 Years 2.96 2.95 5.63 -0.78
5 Years 2.34 2.32 3.1 2.15
Since Inception (3/19/2013, Annualized) 2.23 2.23 2.9 1.84

As of 9/30/2021

NAV Market Price Return Bloomberg Capital Aggregate Bond Index BofA Merrill Lynch 1-5 Year US Corp & Govt Bond Index
1 Month -0.11 0.09 -0.87 -0.27
3 Months 0.15 0.4 0.05 0.03
YTD 0.55 0.57 -1.55 -0.18
1 Year 1.88 2.18 -0.9 0.18
3 Years 3.03 3.13 5.36 3.64
5 Years 2.41 2.45 2.94 2.21
Since Inception (3/19/2013, Annualized) 2.29 2.32 2.93 1.91

Performance data quoted represents past performance and is no guarantee of future results. All Fund data and performance data quoted is believed to be accurate, and unless otherwise stated, is sourced from the Fund administrator, the Advisor’s or Sub-Advisor’s proprietary data, and Morningstar. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.

Fund

Holdings

As of

Excel    CSV

Date Account Symbol Stock Ticker Security Number Security Description Shares/Par (Full) Price (Base) Traded Market Value (Base) Portfolio Weight % Asset Group
12/03/2021 MINC 9128286Y1 US TREASURY N/B 1.75 6/15/2022 2,090,000.00 100.86 2,107,934.56 2.14% TN
30166RAE7 EART 2021-1A C 0.74 1/15/2026 900,000.00 99.89 898,987.23 0.91% MR
17327RAA8 CMLTI 2019-RP1 A1 FRN 1/25/2066 750,452.10 103.34 775,516.67 0.79% MR
22767CAB6 XROAD 2021-A A2 0.82 3/20/2024 772,694.79 100.08 773,337.44 0.78% MR
06051GJS9 BANK OF AMERICA CORP 1.734 7/22/2027 760,000.00 99.57 756,721.78 0.77% B
92539LAA8 VERUS 2021-3 A1 FRN 6/25/2066 728,407.59 99.25 722,932.51 0.73% MR
69360GAA1 PRPM 2021-RPL1 A1 FRN 7/25/2051 710,180.39 98.92 702,538.92 0.71% MR
12433UAG0 BX 2018-GW B FRN 5/15/2035 700,000.00 99.79 698,521.60 0.71% MR
126407AA3 CSMC 2021-NQM1 A1 FRN 5/25/2065 696,005.38 99.7 693,910.33 0.70% MR
30167LAJ8 EART 2019-2A E 4.68 5/15/2026 660,000.00 104.76 691,415.47 0.70% MR
22537CAA7 CAALT 2021-2A A 0.96 2/15/2030 680,000.00 99.64 677,525.89 0.69% MR
64829KBV1 NRZT 2017-2A A3 FRN 3/25/2057 637,899.85 105.97 675,956.32 0.69% MR
064058AD2 BANK OF NY MELLON CORP FRN 12/20/2169 590,000.00 100.28 591,622.50 0.60% B
48128BAG6 JPMORGAN CHASE & CO 4.6 PERPETL 8/1/2170 562,000.00 100.66 565,720.44 0.57% B
64828FAN2 NRZT 2018-4A B1 FRN 1/25/2048 508,978.37 100.35 510,770.68 0.52% MR
74114BAG8 PART 2020-1A C 1.31 11/16/2026 500,000.00 100.19 500,972.10 0.51% MR
038370AC6 AQFIT 2019-A C 4.01 7/16/2040 470,000.00 102.74 482,868.88 0.49% MR
85573MAA7 STAR 2020-3 A1 FRN 4/25/2065 474,136.55 100.31 475,618.13 0.48% MR
59166EAB1 MST 2019-1A A1A FRN 4/25/2058 455,643.17 102.8 468,421.32 0.48% MR
045054AF0 ASHTEAD CAPITAL INC 4.375 8/15/2027 445,000.00 104.02 462,886.78 0.47% FB
55389TAB7 MVWOT 2021-1WA B 1.44 1/22/2041 462,000.81 99.06 457,658.46 0.46% MR
00833MAA2 AFFRM 2021-A A 0.88 8/15/2025 455,000.00 100.07 455,319.77 0.46% MR
02528BAE4 ACAR 2021-1 C 0.83 3/15/2027 455,000.00 99.76 453,913.92 0.46% MR
75907VAA5 RMIT 2021-1 A 1.68 3/17/2031 455,000.00 99.07 450,759.35 0.46% MR
00971AAA0 AJAXM 2021-A A1 FRN 9/25/2065 457,059.92 98.61 450,729.00 0.46% MR
83085DAC9 SKOP 2019-1A C 3.63 9/16/2024 445,000.00 101.07 449,754.47 0.46% MR
91282CBD2 US TREASURY N/B 0.125 12/31/2022 450,000.00 99.79 449,057.13 0.46% TN
33843WAE1 FCAT 2021-1 C 0.91 3/15/2027 455,000.00 98.63 448,747.12 0.46% MR
80282YAF3 SCART 2021-AA C 1.03 11/16/2026 455,000.00 98.34 447,466.66 0.45% MR
94974BFY1 WELLS FARGO & COMPANY 4.1 6/3/2026 410,000.00 108.91 446,547.21 0.45% B
12661GAA7 CSMC 2021-RPL3 A1 FRN 1/25/2060 435,471.92 100.86 439,205.18 0.45% MR
92538BAA1 VERUS 2021-R1 A1 FRN 10/25/2063 437,850.38 99.78 436,890.17 0.44% MR
33843FAE8 FCAT 2020-1 C 2.24 1/15/2026 430,000.00 101.28 435,490.24 0.44% MR
46625HKK5 JPMORGAN CHASE & CO FRN 11/1/2170 430,000.00 100.54 432,337.46 0.44% B
038413AB6 AQFIT 2020-AA B 2.79 7/17/2046 415,000.00 102.1 423,698.32 0.43% MR
89175TAA6 TPMT 2018-4 A1 FRN 6/25/2058 405,602.54 102.81 416,997.70 0.42% MR
21873CAA1 CAFL 2020-3 A 1.358 8/15/2053 421,912.80 97.83 412,772.69 0.42% MR
55037AAA6 LUNDIN ENERGY FI 2 7/15/2026 400,000.00 99.5 397,988.50 0.40% FB
303394AA8 FSIT 2020-AA A 2.9 9/20/2024 395,000.00 100.31 396,212.33 0.40% MR
42806MAA7 HERTZ 2021-1A A 1.21 12/26/2025 390,000.00 99.38 387,580.17 0.39% MR
48254CAL9 KIND 2021-KDIP C FRN 12/15/2037 382,500.00 98.56 377,007.49 0.38% MR
92538FAA2 VERUS 2021-2 A1 FRN 2/25/2066 376,897.47 99.37 374,532.52 0.38% MR
92512BAB9 VEROS 2021-1 B 1.49 10/15/2026 370,000.00 99.29 367,358.09 0.37% MR
19688BAA2 COLT 2021-1R A1 FRN 5/25/2065 365,965.62 99.56 364,345.42 0.37% MR
92538EAA5 VERUS 2021-R3 A1 FRN 4/25/2064 360,841.54 99.97 360,733.22 0.37% MR
552757AA4 MFRA 2020-NQM3 A1 FRN 1/26/2065 361,745.22 99.71 360,680.75 0.37% MR
56848MAA7 MFIT 2020-AA A 2.19 8/21/2034 355,000.00 101.33 359,727.32 0.36% MR
85573GAA0 STAR 2021-1 A1 FRN 5/25/2065 357,983.26 99.85 357,430.21 0.36% MR
12563LAN7 CLIF 2020-1A A 2.08 9/18/2045 358,135.06 99.62 356,756.81 0.36% MR
32059FAC3 FIAOT 2021-1A B 0.89 3/15/2027 350,000.00 99.33 347,661.79 0.35% MR
92837UAA7 VISIO 2021-1R A1 1.28 5/25/2056 348,044.39 99.67 346,906.53 0.35% MR
91679LAB8 UPST 2021-3 B 1.66 7/20/2031 345,000.00 99.21 342,285.64 0.35% MR
14040HBK0 CAPITAL ONE FINANCIAL CO 3.75 7/28/2026 315,000.00 107.52 338,685.81 0.34% B
59166DAA5 MST 2018-1A A FRN 3/25/2057 322,592.30 103.53 333,982.26 0.34% MR
BL3684588 00001 Avolon TLB Borrower 1 (US) LLC 12/01/27 Term Loan 327,525.00 100.05 327,688.76 0.33% TL
05526DBR5 BAT CAPITAL CORP 2.259 3/25/2028 330,000.00 98.03 323,494.78 0.33% FB
60510MAA6 MLANE 2021-A A 1.59 9/15/2026 325,000.00 99.49 323,351.86 0.33% MR
87267CAA6 TRP 2021-1 A 2.07 6/19/2051 322,781.39 99.77 322,037.06 0.33% MR
37186XAE5 GSFMT 2020-AA A 1.65 9/22/2025 315,000.00 100.48 316,505.51 0.32% MR
78081BAJ2 ROYALTY PHARMA PLC 1.75 9/2/2027 323,000.00 97.98 316,479.68 0.32% B
89175MAA1 TPMT 2018-3 A1 FRN 5/25/2058 305,530.25 103.22 315,381.77 0.32% MR
36167RAA1 GCT 2021-GCT A FRN 2/15/2038 315,000.00 100.1 315,314.24 0.32% MR
67578AAA6 OCTL 2021-2A A 1.21 9/20/2028 315,000.00 99.65 313,908.34 0.32% MR
91282CBX8 US TREASURY N/B 0.125 4/30/2023 315,000.00 99.59 313,708.01 0.32% TN
90355EAB7 USAUT 2021-1A B 1.49 3/17/2025 315,000.00 99.4 313,121.40 0.32% MR
257463AA7 DFS 2021-RTL1 A1 STEP-CPN 7/25/2027 315,000.00 99.35 312,945.70 0.32% MR
32059TAE9 FIAOT 2019-1A C 3.26 3/17/2025 305,000.00 101.29 308,935.11 0.31% MR
62878YAA2 BUNDT 2021-1 A2 2.989 7/30/2051 309,225.00 99.59 307,946.66 0.31% MR
80287EAE5 SDART 2021-3 C 0.95 9/15/2027 310,000.00 99.29 307,807.93 0.31% MR
35105UAE3 FCRT 2021-2 C 1.57 7/15/2027 310,000.00 98.77 306,175.19 0.31% MR
62917JAA8 NLT 2021-INV2 A1 FRN 8/25/2056 308,577.29 98.93 305,262.68 0.31% MR
12529KAA0 CFMT 2021-GRN1 A 1.1 3/20/2041 303,758.77 99.19 301,290.82 0.31% MR
65246PAC5 NEWZ 2021-1 C FRN 5/25/2055 300,000.00 99.78 299,340.06 0.30% MR
72703PAB9 PLNT 2018-1A A2II 4.666 9/5/2048 285,412.50 102.77 293,321.57 0.30% MR
38141GVX9 GOLDMAN SACHS GROUP INC FRN 10/28/2027 280,000.00 104.72 293,216.71 0.30% B
03066HAG2 AMCAR 2018-1 D 3.82 3/18/2024 285,000.00 102.6 292,414.02 0.30% MR
91823DAA3 VCAT 2021-NPL4 A1 STEP-CPN 8/25/2051 292,039.68 99.72 291,221.91 0.30% MR
63942EAA6 NAVSL 2021-EA A 0.97 12/16/2069 294,788.96 98.68 290,887.40 0.30% MR
BL3208776 00002 Vistra (TXU/TCEH) 6/18 Cov-Lite 12/31/25 Term Loan 290,892.50 99.24 288,668.63 0.29% TL
64829HAA5 NRZT 2016-3A A1 FRN 9/25/2056 271,786.50 105.99 288,079.50 0.29% MR
61762MBW0 MSBAM 2013-C10 A4 FRN 7/15/2046 275,000.00 103.25 283,933.38 0.29% MR
90353QAB2 USAUT 2020-1A B 3.22 5/15/2024 280,000.00 101.09 283,046.12 0.29% MR
61746BEC6 MORGAN STANLEY FRN 10/24/2023 280,000.00 100.95 282,648.78 0.29% B
04047AAA2 ARIVO 2021-1A A 1.19 1/15/2027 282,133.64 99.83 281,662.98 0.29% MR
369604BQ5 GENERAL ELECTRIC CO FRN 6/15/2170 285,000.00 98.3 280,155.00 0.28% B
68377BAA5 OPTN 2021-A A 1.21 3/8/2028 280,000.00 99.94 279,823.60 0.28% MR
64831EAA8 NRZT 2021-NQ2R A1 FRN 10/25/2058 278,350.15 99.75 277,655.33 0.28% MR
92556VAC0 VIATRIS INC 2.3 6/22/2027 275,000.00 100.64 276,748.23 0.28% B
38141EB81 GOLDMAN SACHS GROUP INC FRN 11/29/2023 270,000.00 102.28 276,162.43 0.28% B
92837DAB3 VISIO 2019-2 A2 FRN 11/25/2054 271,700.31 101.41 275,528.78 0.28% MR
57110NAB2 MFT 2021-1A B 1 6/16/2031 275,000.00 99.82 274,512.98 0.28% MR
35041LAA8 FFIN 2021-1A A 1.27 5/15/2041 276,805.89 98.75 273,341.00 0.28% MR
446413AX4 HUNTINGTON INGALLS INDUS 2.043 8/16/2028 276,000.00 99.03 273,321.66 0.28% B
94946DAB7 WLKRG 2019-AA B 2.99 6/15/2038 266,576.52 102.01 271,938.06 0.28% MR
86359BHJ3 SASC 2004-4XS A3A STEP-CPN 2/25/2034 263,915.43 102.47 270,443.75 0.27% MR
37959PAA5 SEACO 2020-1A A 2.17 10/17/2040 269,501.67 100.29 270,294.73 0.27% MR
89173HAB2 TPMT 2017-2 A2 FRN 4/25/2057 260,000.00 103.11 268,085.43 0.27% MR
23344GAG6 DTAOT 2021-1A D 1.16 11/16/2026 270,000.00 98.81 266,774.99 0.27% MR
096630AD0 BOARDWALK PIPELINES LP 4.95 12/15/2024 245,000.00 108.55 265,935.98 0.27% B
14366LAG7 CNART 2019-1A D 4.62 12/16/2024 260,000.00 101.98 265,148.83 0.27% MR
12510KAG8 CCG 2021-1 C 0.84 6/14/2027 270,000.00 98.19 265,120.70 0.27% MR
74615JAA8 PPWR 2021-A A 1.57 10/15/2025 265,000.00 99.72 264,267.43 0.27% MR
025291AC9 ACAR 2021-2 C 0.97 7/13/2027 265,000.00 99.69 264,180.41 0.27% MR
827048AX7 SILGAN HOLDINGS INC 1.4 4/1/2026 271,000.00 97.25 263,544.25 0.27% B
00108XAB4 AUTOC 2021-A B 1.79 4/15/2027 265,000.00 99.39 263,386.31 0.27% MR
92939KAG3 WFRBS 2014-C24 AS 3.931 11/15/2047 250,000.00 104.56 261,405.15 0.27% MR
68377WAA9 OPTN 2021-C A 2.18 10/8/2031 260,000.00 99.71 259,236.90 0.26% MR
19688DAA8 COLT 2021-3R A1 FRN 12/25/2064 259,918.72 99.68 259,088.85 0.26% MR
89173FAB6 TPMT 2017-1 A2 FRN 10/25/2056 250,000.00 103.28 258,191.95 0.26% MR
025286AC9 ACAR 2021-3 C 0.98 11/15/2027 260,000.00 99.11 257,698.06 0.26% MR
32057JAE3 FIAOT 2021-2A C 1.47 11/15/2027 260,000.00 99.06 257,548.28 0.26% MR
05351KAA7 AVCCT 2021-1A A 1.37 4/15/2027 260,000.00 98.94 257,255.62 0.26% MR
25746UDJ5 DOMINION ENERGY INC 1.45 4/15/2026 260,000.00 98.93 257,230.16 0.26% B
26150TAE9 DRAWBRIDGE SPEC OPPOR FU 3.875 2/15/2026 250,000.00 102.34 255,842.33 0.26% B
06051GHB8 BANK OF AMERICA CORP FRN 2/5/2026 253,000.00 101.1 255,780.59 0.26% B
913903AX8 UNIVERSAL HEALTH SVCS 1.65 9/1/2026 260,000.00 98.23 255,386.22 0.26% B
22535KAC7 CAALT 2019-3A B 2.86 1/16/2029 250,000.00 102.15 255,378.95 0.26% MR
448579AN2 HYATT HOTELS CORP 1.8 10/1/2024 254,000.00 100.32 254,822.59 0.26% B
744320AM4 PRUDENTIAL FINANCIAL INC 5.625 6/15/2043 244,000.00 104.34 254,593.98 0.26% B
12655KAE8 CPS 2019-D E 3.86 10/15/2025 245,000.00 102.98 252,312.96 0.26% MR
BL3545938 00001 CITADEL SECURITIES 02/02/2028 TERM LOAN 253,862.16 99.38 252,281.87 0.26% TL
63938CAB4 NAVIENT CORP 5.875 10/25/2024 240,000.00 104.96 251,904.00 0.26% B
842587DJ3 SOUTHERN CO 3.75 9/15/2051 254,000.00 98.5 250,190.00 0.25% B
38138JAC7 GLM 2021-9A A FRN 1/20/2033 250,000.00 100.07 250,171.16 0.25% MR
BL3683986 00001 STANDARD INDUSTRIES INC 08/06/28 Term Loan 250,000.00 99.85 249,621.25 0.25% TL
31572LAA4 EFMT 2021-2 A1 FRN 6/25/2066 251,030.87 99.19 249,000.28 0.25% MR
14686KAD9 CRVNA 2021-N2 C 1.07 3/10/2028 250,000.00 99.42 248,558.53 0.25% MR
31574PAA3 EFMT 2020-1 A1 FRN 5/25/2065 247,181.43 100.42 248,211.53 0.25% MR
04285CAL5 ARRW 2020-1 A1B 2.1 3/25/2055 246,480.31 100.63 248,025.91 0.25% MR
36258XAB6 GCAR 2020-1A B 2.43 11/15/2024 245,000.00 101.05 247,564.95 0.25% MR
80282KAZ9 SANTANDER HOLDINGS USA 3.244 10/5/2026 235,000.00 104.89 246,485.51 0.25% B
76132FAA5 RETAIL OPPORTUNITY IN 5 12/15/2023 231,000.00 106.44 245,887.81 0.25% B
04685A2P5 ATHENE GLOBAL FUNDING 2.45 8/20/2027 240,000.00 102.2 245,291.15 0.25% B
01166VAA7 ALASKA AIRLINES 2020 TR 4.8 8/15/2027 223,030.04 109.89 245,087.00 0.25% B
534187BP3 LINCOLN NATIONAL CORP FRN 4/20/2067 285,000.00 85.73 244,316.25 0.25% B
00439KAA4 AALLC 2021-1H A 1.35 10/20/2040 248,832.18 98.1 244,104.37 0.25% MR
25216AAA2 DEXT 2020-1 A 1.46 2/16/2027 243,580.84 100.21 244,082.30 0.25% MR
378272AX6 GLENCORE FUNDING LLC 1.625 9/1/2025 245,000.00 99.19 243,014.36 0.25% FB
067316AF6 BACARDI LTD 4.7 5/15/2028 210,000.00 115.14 241,802.86 0.25% FB
91680FAB8 UPST 2021-2 B 1.75 6/20/2031 240,000.00 99.46 238,701.96 0.24% MR
81618TAC4 OFFICE PPTY INCOME TRST 4.5 2/1/2025 225,000.00 105.74 237,911.63 0.24% B
BL2552414 00001 INEOS US FINANCE 04/01/24 Term Loan 239,506.94 99.24 237,677.11 0.24% TL
85208NAD2 SPRINT SPECTRUM / SPEC I 4.738 3/20/2025 227,500.00 104.29 237,255.20 0.24% B
24703TAE6 DELL INT LLC / EMC CORP 4.9 10/1/2026 210,000.00 112.91 237,113.72 0.24% B
451102BT3 ICAHN ENTERPRISES/FIN 6.25 5/15/2026 230,000.00 102.85 236,543.50 0.24% B
33767WAG8 FKH 2021-SFR1 D 2.189 8/17/2038 240,000.00 98.04 235,304.62 0.24% MR
038370AA0 AQFIT 2019-A A 3.14 7/16/2040 230,583.72 101.96 235,112.18 0.24% MR
404119BR9 HCA INC 5.375 2/1/2025 215,000.00 109.27 234,929.43 0.24% B
30165YAG8 EART 2017-3A D 5.28 10/15/2024 230,000.00 101.63 233,749.25 0.24% MR
11271LAC6 BROOKFIELD FINANCE INC 3.9 1/25/2028 210,000.00 110.73 232,542.48 0.24% FB
683715AC0 OPEN TEXT CORP 3.875 2/15/2028 230,000.00 100.85 231,955.00 0.24% FB
58940BAA4 MFCC 2021-1A A 1.54 3/20/2026 230,000.00 100.09 230,199.69 0.23% MR
459506AP6 INTL FLAVOR & FRAGRANCES 1.832 10/15/2027 233,000.00 98.69 229,951.42 0.23% B
92538LAA9 VERUS 2020-4 A1 STEP-CPN 5/25/2065 229,336.43 100.06 229,471.69 0.23% MR
53934QAA0 LLEND 2021-1A A 1.07 5/15/2029 230,075.49 99.63 229,220.94 0.23% MR
08861YAA4 BHG 2021-A A 1.42 11/17/2033 227,862.53 99.64 227,048.42 0.23% MR
23343JAE6 DTAOT 2019-4A C 2.73 7/15/2025 220,000.00 101.07 222,356.60 0.23% MR
05565QDV7 BP CAPITAL MARKETS PLC 4.875 PERPETL 12/22/2169 205,000.00 108.22 221,848.29 0.23% FB
836205AR5 REPUBLIC OF SOUTH AFRICA 5.875 9/16/2025 200,000.00 110.86 221,711.60 0.23% FB
05492MAC9 BCCFC 2019-1A B 2.64 9/20/2024 220,000.00 100.65 221,425.42 0.22% MR
455780BQ8 REPUBLIC OF INDONESIA 5.875 1/15/2024 200,000.00 109.93 219,858.00 0.22% FB
85573DAA7 STAR 2020-2 A1 FRN 4/25/2060 217,848.25 100.87 219,734.46 0.22% MR
11042CAA8 BRITISH AIR 21-1 A PPT 2.9 3/15/2035 215,000.00 102.16 219,653.50 0.22% FB
808513BJ3 CHARLES SCHWAB CORP 4 PERPETL 3/1/2170 220,000.00 99.15 218,132.20 0.22% B
03237PAB9 AXIS 2020-1A B 2.5 3/20/2026 212,227.19 101.37 215,145.19 0.22% MR
172967MB4 CITIGROUP INC FRN 7/1/2026 210,000.00 102.35 214,939.33 0.22% B
361841AJ8 GLP CAPITAL LP / FIN II 5.25 6/1/2025 195,000.00 110.07 214,629.68 0.22% B
30161NAW1 EXELON CORP 3.497 6/1/2022 212,000.00 101.04 214,207.77 0.22% B
12510FAC8 CCG 2019-2 B 2.55 3/15/2027 210,000.00 101.78 213,748.35 0.22% MR
92343VEP5 VERIZON COMMUNICATIONS FRN 5/15/2025 210,000.00 101.72 213,605.83 0.22% B
74727PBC4 STATE OF QATAR 3.4 4/16/2025 200,000.00 106.53 213,064.00 0.22% FB
BL3574615 00001 WEX 03/31/28 TERM LOAN 213,925.00 99.17 212,153.70 0.22% TL
26209WAF0 DRIVE 2019-3 C 2.9 8/15/2025 209,094.93 100.82 210,813.75 0.21% MR
40439HAC3 HINTT 2020-A C 3.42 10/9/2039 205,603.37 102.23 210,188.83 0.21% MR
36259WAC5 GSMBS 2020-NQM1 A3 FRN 9/27/2060 208,822.95 100.55 209,979.22 0.21% MR
14687GAE5 CRVNA 2021-N3 D 1.58 6/12/2028 210,000.00 99.11 208,136.29 0.21% MR
36263LAE9 GCAR 2021-3A C 1.11 9/15/2026 210,000.00 98.97 207,829.55 0.21% MR
68205LAA1 OMAN GOV INTERNTL BOND 4.875 2/1/2025 200,000.00 103.86 207,717.00 0.21% FB
08862BAB1 BHG 2021-B B 1.67 10/17/2034 210,000.00 98.87 207,625.38 0.21% MR
98421MAA4 XEROX HOLDINGS CORP 5 8/15/2025 200,000.00 103.74 207,480.00 0.21% B
91682CAA5 UPSPT 2021-ST2 A 2.5 4/20/2027 206,289.98 100.55 207,426.60 0.21% MR
476681AA9 JMIKE 2019-1A A2 4.433 2/15/2050 195,000.00 106.08 206,859.12 0.21% MR
64829LAA6 NRZT 2016-4A A1 FRN 11/25/2056 194,545.85 106.2 206,617.23 0.21% MR
501895AA4 LHOME 2021-RTL2 A1 STEP-CPN 6/25/2026 205,000.00 100.47 205,969.45 0.21% MR
67571AAA3 OCTL 2021-1A A 0.93 3/22/2027 205,158.37 99.71 204,560.99 0.21% MR
33938XAC9 FLEX LTD 3.75 2/1/2026 191,000.00 107.08 204,520.86 0.21% B
46641YAN3 JPMMT 2014-2 AM FRN 6/25/2029 201,483.01 100.6 202,701.84 0.21% MR
91824WAA0 VCAT 2021-NPL6 A1 STEP-CPN 9/25/2051 205,439.38 98.59 202,533.85 0.21% MR
BL2701110 00001 VALEANT 06/02/25 TERM LOAN 204,096.71 99.18 202,413.93 0.21% TL
52604FAA5 LFT 2019-1A A 3 12/20/2027 200,000.00 101.18 202,364.40 0.21% MR
03969AAN0 ARDAGH PKG FIN/HLDGS USA 4.125 8/15/2026 200,000.00 101.16 202,320.00 0.21% B
872898AA9 TSMC ARIZONA CORP 1.75 10/25/2026 200,000.00 100.64 201,277.11 0.20% FB
85205TAM2 SPIRIT AEROSYSTEMS INC 5.5 1/15/2025 195,000.00 103.13 201,102.53 0.20% B
22411XAD6 CPS 2018-D D 4.34 9/16/2024 196,800.32 101.52 199,782.51 0.20% MR
69701YAA0 PSTAT 2021-1A A1 FRN 4/20/2029 197,936.62 100.09 198,106.94 0.20% MR
30321L2A9 F&G GLOBAL FUNDI 1.75 6/30/2026 198,000.00 100.05 198,093.53 0.20% B
034863AZ3 ANGLO AMERICAN CAPITAL 2.25 3/17/2028 200,000.00 98.62 197,240.00 0.20% FB
78392BAB3 SK HYNIX INC 1.5 1/19/2026 200,000.00 98.55 197,093.10 0.20% FB
013092AF8 ALBERTSONS COS/SAFEWAY 3.25 3/15/2026 195,000.00 100.23 195,450.45 0.20% B
44106MAS1 SERVICE PROPERTIES TRUST 4.65 3/15/2024 200,000.00 97.41 194,825.00 0.20% B
88033GCY4 TENET HEALTHCARE CORP 4.875 1/1/2026 190,000.00 102.48 194,713.90 0.20% B
36166VAE5 GCI 2021-1 A 2.38 6/18/2046 190,822.24 100.03 190,886.13 0.19% MR
52607FAA2 LDPT 2021-A A 1 12/15/2028 191,203.50 99.82 190,854.44 0.19% MR
BL3570811 00001 AADVANTAGE LOYALTY 04/20/2028 TERM LOAN 185,000.00 103.01 190,575.90 0.19% TL
12657LAA2 CSMC 2021-AFC1 A1 FRN 3/25/2056 191,448.23 99.07 189,672.45 0.19% MR
30167GAE0 EART 2019-4A C 2.44 9/16/2024 187,405.87 100.62 188,568.29 0.19% MR
165167DF1 CHESAPEAKE ENERGY CORP 5.5 2/1/2026 180,000.00 104.6 188,280.00 0.19% B
66977WAP4 NOVA CHEMICALS CORP 5 5/1/2025 180,000.00 104.4 187,928.10 0.19% FB
900123AW0 REPUBLIC OF TURKEY 7.375 2/5/2025 185,000.00 101.38 187,543.75 0.19% FB
68785AAD7 OSCAR 2021-1A A4 1 4/10/2028 190,000.00 98.51 187,171.40 0.19% MR
36258YBL1 GSMS 2020-GC45 AS FRN 2/13/2053 175,000.00 106.84 186,977.42 0.19% MR
03465HAA2 AOMT 2021-5 A1 FRN 7/25/2066 186,956.82 99.04 185,170.30 0.19% MR
38014RAC8 GCAR 2020-2A B 3.16 6/16/2025 180,000.00 102.45 184,411.39 0.19% MR
71654QCD2 PETROLEOS MEXICANOS 4.625 9/21/2023 180,000.00 102.2 183,951.90 0.19% FB
17288XAB0 CITADEL LP 4.875 1/15/2027 170,000.00 107.81 183,274.60 0.19% B
BL3234517 00001 JBS USA LUX SA 05/01/26 Term Loan 183,587.78 99.76 183,143.50 0.19% TL
629377CK6 NRG ENERGY INC 3.75 6/15/2024 175,000.00 104.52 182,907.95 0.19% B
22551EAA4 CRUSA 2021-1A A 1.35 2/16/2027 181,761.72 99.91 181,601.30 0.18% MR
BL3776806 ULTIMATE SOFTWARE (UKG) 05/04/26 TERM LOAN 180,439.79 99.55 179,635.93 0.18% TL
59156RBT4 METLIFE INC 5.875 PERPETL 9/15/2170 155,000.00 115.77 179,446.46 0.18% B
BL2385591 00001 Cablevision Systems 3/17 Cov-Li 07/17/25 Term Loan 181,660.38 98.3 178,566.70 0.18% TL
BL3561323 00001 HORIZON THERAPEU 03/15/28 TERM LOAN 179,100.00 99.64 178,460.61 0.18% TL
126401AA6 CSMC 2020-NQM1 A1 STEP-CPN 5/25/2065 177,839.09 99.86 177,594.21 0.18% MR
36258AAB6 GCAR 2019-3A B 2.72 6/17/2024 175,360.60 100.67 176,539.30 0.18% MR
65489MAB0 NMEF 2019-A B 3.06 8/17/2026 175,000.00 100.81 176,410.78 0.18% MR
36263JAA2 GSMS 2020-TWN3 A FRN 11/15/2037 175,000.00 100.56 175,982.00 0.18% MR
92240MBL1 VECTOR GROUP LTD 5.75 2/1/2029 185,000.00 94.91 175,577.03 0.18% B
14686XAF6 CRVNA 2019-3A D 3.04 4/15/2025 170,000.00 102.49 174,240.23 0.18% MR
12662EAA1 CSMC 2021-NQM2 A1 FRN 2/25/2066 174,981.82 99.5 174,107.73 0.18% MR
37045VAV2 GENERAL MOTORS CO 6.125 10/1/2025 150,000.00 115.73 173,594.01 0.18% B
BL3014968 00001 HILTON 06/22/26 TERM LOAN 175,000.00 98.76 172,828.25 0.18% TL
BL3196914 00001 Charter Comm Operating 10/19 02/01/27 Term Loan 173,670.88 99.01 171,945.46 0.17% TL
33767JAC6 FKH 2020-SFR2 B 1.567 10/19/2037 175,000.00 98.03 171,557.33 0.17% MR
23343RAE8 DTAOT 2020-2A C 3.28 3/16/2026 165,000.00 102.96 169,884.66 0.17% MR
BL3544857 00001 UFC HOLDINGS LLC 04/29/26 TERM LOAN 170,000.00 99.2 168,633.20 0.17% TL
BL3544741 00001 DUN & BRADSTREET 02/06/26 TERM LOAN 168,812.06 99.48 167,925.80 0.17% TL
67422AAA4 OASIS 2021-1A A 2.5792 2/15/2033 166,634.39 100.15 166,879.24 0.17% MR
203372AX5 COMMSCOPE INC 4.75 9/1/2029 170,000.00 98.12 166,798.90 0.17% B
05584AAA8 HGVGI 2017-1A A 2.94 5/25/2029 161,974.19 101.74 164,789.24 0.17% MR
40434LAB1 HP INC 3 6/17/2027 155,000.00 105.57 163,630.97 0.17% B
BL2700583 00001 SUMMIT MATERIALS LLC 11/21/24 Term Loan 163,545.68 100 163,545.68 0.17% TL
33767JAA0 FKH 2020-SFR2 A 1.266 10/19/2037 166,524.95 97.88 162,999.92 0.17% MR
09261HAC1 BLACKSTONE PRIVATE CRE 2.625 12/15/2026 166,000.00 97.4 161,681.95 0.16% B
BL3292648 00001 TransDigm inc 08/22/24 Term Loan 162,866.07 98.64 160,650.28 0.16% TL
53079EBM5 LIBERTY MUTUAL GROUP INC 4.125 12/15/2051 160,000.00 100.12 160,188.80 0.16% B
83405DAC2 SOFI 2017-C A2B 2.63 7/25/2040 158,300.18 101.16 160,137.85 0.16% MR
30166EAG1 EART 2018-4A D 4.35 9/16/2024 156,006.77 102.36 159,693.62 0.16% MR
BL3544782 00001 ALIXPARTNERS LLP 02/04/28 TERM LOAN 159,200.00 99.52 158,429.47 0.16% TL
674599EB7 OCCIDENTAL PETROLEUM COR 5.875 9/1/2025 145,000.00 109.2 158,337.10 0.16% B
00774MAW5 AERCAP IRELAND CAP/GLOBA 3 10/29/2028 155,000.00 101.7 157,641.81 0.16% FB
538034AR0 LIVE NATION ENTERTAINMEN 4.75 10/15/2027 155,000.00 101.35 157,092.50 0.16% B
00973RAG8 AKER BP ASA 2.875 1/15/2026 150,000.00 104.14 156,212.21 0.16% FB
23345MAA5 DT MIDSTREAM INC 4.125 6/15/2029 155,000.00 100.74 156,147.00 0.16% B
02665XAA7 AH4R 2014-SFR3 A 3.678 12/17/2036 148,155.67 105.16 155,798.81 0.16% MR
BL3111475 00001 NCR CORP 08/28/26 Term Loan 158,117.85 98.37 155,548.43 0.16% TL
92535UAB0 VERTIV GROUP CORPORATION 4.125 11/15/2028 155,000.00 100.12 155,189.88 0.16% B
BL3712215 00001 ORYX MIDSTREAM S 09/30/28 09/30/28 Term Loan 155,000.00 99.22 153,795.65 0.16% TL
05970FAC5 BANCO SANTANDER CHILE 2.7 1/10/2025 150,000.00 102.53 153,795.00 0.16% FB
87264ABB0 T-MOBILE USA INC 3.5 4/15/2025 145,000.00 106.02 153,732.77 0.16% B
BL2526673 00001 CAESARS RESORT COLLECTION 12/23/2024 TERM LOAN 154,327.83 99.19 153,074.69 0.16% TL
92873BAA4 VOLT 2021-NPL4 A1 STEP-CPN 3/27/2051 153,264.05 99.7 152,811.49 0.16% MR
03464LAA4 AOMT 2020-4 A1 FRN 6/25/2065 152,645.79 100.09 152,789.20 0.16% MR
BL3447317 00001 SKYMILES IP LTD 09/16/27 TERM LOAN 145,000.00 105.34 152,736.48 0.16% TL
91681NAA2 UPST 2021-1 A 0.87 3/20/2031 152,558.82 99.74 152,158.12 0.15% MR
071813CM9 BAXTER INTERNATIONAL INC 2.272 12/1/2028 150,000.00 101.15 151,724.28 0.15% B
20049AAE8 COMM 2020-CBM B 3.099 2/10/2037 150,000.00 100.77 151,153.86 0.15% MR
00774MAV7 AERCAP IRELAND CAP/GLOBA 2.45 10/29/2026 150,000.00 100.03 150,046.97 0.15% FB
61977KAE6 MOTEL 2021-MTL6 B FRN 9/15/2038 150,000.00 100.01 150,011.24 0.15% MR
745310AM4 PUGET ENERGY INC 2.379 6/15/2028 151,000.00 99.21 149,801.77 0.15% B
BL3706894 00001 DIVERSEY (DIAMOND) 09/15/28 TERM LOAN 150,000.00 99.78 149,663.25 0.15% TL
46644XAC6 JPMMT 2015-5 A2 FRN 5/25/2045 147,306.48 101.42 149,400.63 0.15% MR
071813CJ6 BAXTER INTERNATIONAL INC 1.915 2/1/2027 149,000.00 100.15 149,227.87 0.15% B
038779AB0 ARBYS 2020-1A A2 3.237 7/30/2050 143,187.50 103.86 148,719.82 0.15% MR
BL3556851 00001 ASPLUNDH TREE EXPERT LLC 09/07/27 Term Loan 149,246.24 99.48 148,469.41 0.15% TL
BL3200393 00001 ABC Supply Company 01/15/27 Term Loan 149,238.58 99.02 147,773.06 0.15% TL
78432BAA7 SGR 2019-3 A1 FRN 9/25/2059 147,206.87 100.09 147,336.03 0.15% MR
36168QAK0 GFL ENVIRONMENTAL INC 3.75 8/1/2025 145,000.00 101.35 146,957.50 0.15% FB
05606XAA2 BXGNT 2015-A A 2.88 5/2/2030 144,255.32 101.81 146,868.40 0.15% MR
33844TAE7 FCAT 2020-3 C 1.73 9/15/2026 145,000.00 100.81 146,175.78 0.15% MR
02530QAD9 ACAR 2020-4 D 1.77 12/14/2026 145,000.00 100.8 146,153.45 0.15% MR
BL3288513 00001 CENTURYLINK INC 03/15/27 Term Loan 148,193.95 98.35 145,750.97 0.15% TL
96042QAJ9 WLAKE 2020-3A C 1.24 11/17/2025 145,000.00 100.38 145,547.84 0.15% MR
466247NT6 JPMMT 2005-A2 4A1 FRN 4/25/2035 144,645.55 100.37 145,174.45 0.15% MR
33845XAC1 FCAT 2020-4 C 1.28 2/16/2027 145,000.00 100.1 145,143.43 0.15% MR
BL3647205 00001 TENABLE 07/07/28 TERM LOAN 145,000.00 99.75 144,637.50 0.15% TL
05493CAC0 BCCFC 2020-1 B 1.46 9/22/2025 145,000.00 99.69 144,557.42 0.15% MR
BL3638386 QUIKRETE HOLDINGS INC 06/11/28 TERM LOAN 145,000.00 99.43 144,173.50 0.15% TL
505742AM8 LADDER CAP FIN LLLP/CORP 4.25 2/1/2027 145,000.00 99.18 143,803.75 0.15% B
BL3183086 00001 VIRGIN MEDIA 9/19 (USD) 01/31/28 TERM LOAN 145,000.00 98.72 143,142.55 0.15% TL
26885BAF7 EQM MIDSTREAM PARTNERS L 6 7/1/2025 135,000.00 105.42 142,321.05 0.14% B
17322GAA7 CMLTI 2014-A A FRN 1/25/2035 138,806.94 102.4 142,138.36 0.14% MR
BL3128180 00001 ELANCO 08/01/27 TERM LOAN 143,470.06 98.57 141,419.16 0.14% TL
88224QAA5 TEXAS CAPITAL BANCSHARES 4 5/6/2031 135,000.00 104.5 141,070.00 0.14% B
89180DAC0 TPHT 2021-HE1 M1 FRN 2/25/2063 140,317.77 100.15 140,525.01 0.14% MR
87264ACA1 T-MOBILE USA INC 2.05 2/15/2028 140,000.00 99.31 139,029.12 0.14% B
527298BR3 LEVEL 3 FINANCING INC 4.25 7/1/2028 140,000.00 99.16 138,819.10 0.14% B
BL3172261 00001 Go Daddy 11/17 Cov-Lite 02/15/24 Term Loan 139,659.21 99.2 138,546.13 0.14% TL
252722AB9 DROT 2019-1A B 3.53 2/20/2032 135,803.85 101.88 138,350.47 0.14% MR
042859AA6 ARRW 2019-1 A1 FRN 1/25/2049 137,121.25 100.73 138,116.56 0.14% MR
36258HAE5 GCAR 2019-4A C 3.06 8/15/2025 135,000.00 102.16 137,918.75 0.14% MR
31574XAB4 EFMT 2021-1 A2 FRN 2/25/2066 138,432.75 99.3 137,461.53 0.14% MR
BL3204205 00001 TRANSUNION LLC 11/16/26 TERM LOAN 138,972.40 98.89 137,426.33 0.14% TL
21054AAB4 CLUB 2019-P1 B 3.28 7/15/2026 136,613.98 100.25 136,952.41 0.14% MR
258258AA0 DORIC NIMROD AIR 2012-1A 5.125 11/30/2022 137,340.60 99.35 136,442.42 0.14% FB
BL3550318 00001 CPG International/Azek 5/17 Cov 05/05/24 Term Loan 135,000.00 100.08 135,105.98 0.14% TL
BL2870022 00001 NEXSTAR BROADCAS 09/18/2026 135,588.31 99.51 134,929.35 0.14% TL
BL3541341 00001 Styrolution/Ineos Quattro 1/21 01/29/26 Term Loan 134,662.50 99.69 134,241.68 0.14% TL
BL3538214 00001 Pharmaceutical Product/PPD 1/21 01/13/28 Term Loan 134,325.00 99.88 134,167.84 0.14% TL
35105RAG5 FCRT 2019-1 E 4.3 9/15/2025 130,000.00 103.14 134,083.74 0.14% MR
03237KAC8 AXIS 2021-1A B 1.38 2/22/2027 135,000.00 99.15 133,849.23 0.14% MR
BL3562446 00001 Berry Plastics 3/21 (USD) Cov-L 07/01/26 Term Loan 134,376.53 99.23 133,347.88 0.14% TL
BL3557867 00001 GATES GLOBAL 03/31/27 TERM LOAN 133,987.50 99.45 133,247.89 0.14% TL
BL3284892 00001 Zodiac/Fluidra 1/20 (USD) Cov-L 07/02/25 Term Loan 133,977.27 99.4 133,168.05 0.14% TL
64829DAG1 NRZT 2014-3A AFX3 FRN 11/25/2054 125,766.80 105.21 132,323.93 0.13% MR
12648HAK1 CSMC 2014-IVR2 A2 FRN 4/25/2044 130,770.93 100.83 131,859.18 0.13% MR
097023CT0 BOEING CO 4.875 5/1/2025 120,000.00 109.75 131,698.42 0.13% B
89171VAB3 TPMT 2015-5 A2 FRN 5/25/2055 130,016.91 100.35 130,474.18 0.13% MR
89178YAB0 TPMT 2020-MH1 A2 FRN 2/25/2060 130,000.00 100.05 130,059.75 0.13% MR
BL3604461 00001 SIGNATURE AVIATION (BROWN GROUP 06/07/28 TERM LOAN 130,813.46 99.36 129,974.95 0.13% TL
BL3571587 00001 TRINSEO 05/03/28 TERM LOAN 129,675.00 99.12 128,528.67 0.13% TL
12597KAA7 COLT 2020-1 A1 FRN 2/25/2050 128,369.96 100.07 128,462.21 0.13% MR
BL3748821 00001 SBA FINANCE 04/11/25 TERM LOAN 129,000.01 98.85 127,519.73 0.13% TL
097023CU7 BOEING CO 5.04 5/1/2027 112,000.00 112.89 126,438.63 0.13% B
HYD 92189H409 VANECK HIGH YIELD MUNI ETF 2,022.00 62.43 126,233.46 0.13% MF
85573JAB2 STAR 2021-3 A2 FRN 6/25/2056 126,535.72 99.28 125,623.63 0.13% MR
43800KAA5 HOF 2019-3 A1 FRN 11/25/2059 123,781.92 100.37 124,239.10 0.13% MR
56847MAA8 MFIT 2019-AA A 2.96 7/20/2032 120,000.00 101.44 121,728.89 0.12% MR
896945AA0 TRIPADVISOR INC 7 7/15/2025 115,000.00 105.34 121,145.60 0.12% B
BL2715128 00001 IQVIA INC 4.0503 06/11/2025 06/07/25 TERM LOAN 120,770.47 99.65 120,342.94 0.12% TL
33767BAD1 FIRSTENERGY TRANSMISSION 2.866 9/15/2028 119,000.00 100.93 120,105.26 0.12% B
BL2629477 Scientific Games 1/18 B5 Cov-Li 08/14/24 Term Loan 120,000.00 99.46 119,351.40 0.12% TL
24380NAA7 DRMT 2020-2 A1 1.692 5/25/2065 118,537.67 100.08 118,627.82 0.12% MR
BL3485549 00001 Astoria Energy 12/20 12/10/27 Term Loan 118,284.53 99.85 118,107.69 0.12% TL
92537QAA9 VERUS 2021-1 A1 FRN 1/25/2066 117,760.01 99.13 116,733.13 0.12% MR
459506AN1 INTL FLAVOR & FRAGRANCES 1.23 10/1/2025 118,000.00 98.36 116,059.13 0.12% B
96033WAA6 WESTR 2018-1A A 3.38 12/20/2031 114,524.90 100.6 115,207.19 0.12% MR
BL3705896 00001 CCC INTELLIGENT SOLUTIONS 09/15/28 Term Loan 115,000.00 99.8 114,766.55 0.12% TL
852234AL7 SQUARE INC 2.75 6/1/2026 115,000.00 99.73 114,691.80 0.12% B
36258HAG0 GCAR 2019-4A D 4.09 8/17/2026 110,000.00 102.94 113,237.55 0.12% MR
29273RBK4 ENERGY TRANSFER LP 4.2 4/15/2027 105,000.00 107.78 113,167.05 0.12% B
38141GWB6 GOLDMAN SACHS GROUP INC 3.85 1/26/2027 105,000.00 107.51 112,882.04 0.11% B
76119CAA9 RMLT 2020-1 A1 FRN 1/26/2060 110,366.96 100.59 111,020.71 0.11% MR
BL3392828 00001 MILEAGE PLUS 06/21/27 TERM LOAN 105,000.00 104.72 109,954.95 0.11% TL
BL3776608 DOTDASH MEREDITH INC 11/23/28 TERM LOAN 110,000.00 99.59 109,553.40 0.11% TL
BL3585918 00001 ARAMARK SERVICES INC 04/06/28 TERM LOAN 109,607.20 99.44 108,990.66 0.11% TL
68504UAB7 ONGLT 2019-A B 3.36 4/9/2038 106,382.77 102.02 108,527.36 0.11% MR
87162WAG5 TD SYNNEX CORP 2.375 8/9/2028 110,000.00 98.38 108,221.35 0.11% B
46641YAJ2 JPMMT 2014-2 2A2 FRN 6/25/2029 106,841.16 101.26 108,184.00 0.11% MR
55400EAA7 MVWOT 2020-1A A 1.74 10/20/2037 107,470.56 100.5 108,011.05 0.11% MR
BL3286665 00004 AKZONOBEL (STARFRUIT) 10/01/25 TERM LOAN 108,831.29 98.81 107,538.92 0.11% TL
30312JAB4 FREED 2019-2 B 3.19 11/18/2026 106,800.31 100.31 107,130.76 0.11% MR
12530MAA3 SORT 2020-1 A1 1.69 7/15/2060 107,170.07 99.68 106,824.95 0.11% MR
84861TAC2 SPIRIT REALTY LP 4.45 9/15/2026 96,429.00 110.69 106,738.41 0.11% B
62912XAF1 NGPL PIPECO LLC 4.875 8/15/2027 95,000.00 111.67 106,083.39 0.11% B
59833CAB8 MIDWEST CONNECTOR CAPIT 3.625 4/1/2022 105,000.00 100.66 105,692.96 0.11% B
50155QAA8 KYNDRYL HOLDINGS INC 2.05 10/15/2026 108,000.00 97.76 105,575.77 0.11% B
BL3112358 00001 CLEAR CHANNEL OUTDOOR HO 5.7656 08/21/26 TERM LOAN 107,525.00 97.87 105,232.57 0.11% TL
785592AH9 SABINE PASS LIQUEFACTION 6.25 3/15/2022 105,000.00 100.12 105,129.45 0.11% B
BL3535632 00001 PIKE CORP 01/21/28 TERM LOAN 105,479.45 99.58 105,031.69 0.11% TL
67623CAD1 OFFICE PPTY INCOME TRST 2.65 6/15/2026 105,000.00 99.73 104,716.69 0.11% B
87162WAE0 TD SYNNEX CORP 1.75 8/9/2026 107,000.00 97.84 104,690.47 0.11% B
BL3745280 00001 RH (RESTORATION HARDWARE) 10/15/28 TERM LOAN 105,000.00 99.6 104,584.20 0.11% TL
90184LAG7 TWITTER INC 3.875 12/15/2027 100,000.00 104.45 104,454.00 0.11% B
12468RAA8 CAFL 2021-RTL1 A1 STEP-CPN 3/28/2029 105,000.00 98.79 103,724.36 0.11% MR
36416UAG0 GFMT 2017-1 A21 FRN 7/25/2056 102,731.48 100.95 103,703.87 0.11% MR
71654QCG5 PETROLEOS MEXICANOS 6.5 3/13/2027 100,000.00 103.56 103,557.00 0.11% FB
89172RAC9 TPMT 2015-6 M1 FRN 4/25/2055 100,000.00 103.19 103,189.48 0.11% MR
527298BN2 LEVEL 3 FINANCING INC 4.625 9/15/2027 100,000.00 102.48 102,475.50 0.10% B
377320AA4 GLATFELTER 4.75 11/15/2029 100,000.00 102.37 102,373.00 0.10% B
50155QAC4 KYNDRYL HOLDINGS INC 2.7 10/15/2028 105,000.00 97.37 102,238.17 0.10% B
91824AAA8 VCAT 2021-NPL5 A1 STEP-CPN 8/25/2051 102,317.43 99.42 101,722.56 0.10% MR
228701AF5 CROWNROCK LP/CROWNROCK F 5.625 10/15/2025 100,000.00 100.97 100,974.50 0.10% B
69357QAA4 PRPM 2021-RPL2 A1 FRN 10/25/2051 100,362.03 99.41 99,766.13 0.10% MR
20268BAA8 CBSLT 2020-1 A 1.69 10/25/2051 101,238.67 98.51 99,733.24 0.10% MR
BL3549963 00001 PETSMART 02/11/2028 TERM LOAN 99,750.00 99.98 99,729.05 0.10% TL
12513GBH1 CDW LLC/CDW FINANCE 3.276 12/1/2028 98,000.00 101.72 99,681.68 0.10% B
19685WAB7 COLT 2021-2 A2 FRN 8/25/2066 100,421.58 99.22 99,638.99 0.10% MR
BL3557909 BOXER PARENT COMPANY INC. (AKA 10/02/25 TERM LOAN 100,000.00 99.25 99,250.00 0.10% TL
12513GBG3 CDW LLC/CDW FINANCE 2.67 12/1/2026 98,000.00 101 98,979.51 0.10% B
BL3571561 00001 PODS LLC 03/31/28 TERM LOAN 99,500.00 99.47 98,971.66 0.10% TL
105690AA9 BRAVO 2021-NQM3 A1 FRN 4/26/2060 99,123.43 99.84 98,962.04 0.10% MR
19260QAC1 COINBASE GLOBAL INC 3.375 10/1/2028 105,000.00 93.88 98,575.58 0.10% B
BL2830489 SEDGWICK CMS INC 12/31/25 TERM LOAN 100,000.00 98.35 98,347.00 0.10% TL
37187PAB7 GPLAT 2020-1 B 2.83 7/20/2030 97,907.17 100 97,907.17 0.10% MR
92259LAB4 VCC 2020-1 AFX FRN 2/25/2050 95,112.43 102.85 97,824.70 0.10% MR
55389PAA7 MVWOT 2019-1A A 2.89 11/20/2036 95,140.71 101.81 96,862.13 0.10% MR
05591QAA4 BPR 2021-KEN A FRN 2/15/2029 95,000.00 100.16 95,150.59 0.10% MR
042858AA8 ARRW 2019-2 A1 FRN 4/25/2049 93,141.54 100.52 93,626.06 0.10% MR
163851AF5 CHEMOURS CO 5.75 11/15/2028 90,000.00 102.44 92,192.40 0.09% B
17326QAA1 CMLTI 2018-RP1 A1 FRN 9/25/2064 90,089.91 102.14 92,016.48 0.09% MR
92536PAA2 VERUS 2020-1 A1 STEP-CPN 1/25/2060 90,662.51 100.5 91,113.90 0.09% MR
20268CAA6 CBSLT 2019-AGS A1 2.54 1/25/2047 88,815.39 101.71 90,337.53 0.09% MR
BL2828715 00001 Select Medical Corp 03/06/25 Term Loan 90,000.00 99.27 89,339.40 0.09% TL
BL2629477 00001 Scientific Games 1/18 B5 Cov-Li 08/14/24 Term Loan 89,305.92 99.46 88,823.22 0.09% TL
87612BBJ0 TARGA RESOURCES PARTNERS 5.875 4/15/2026 85,000.00 103.92 88,332.00 0.09% B
BL2682203 00001 Tenneco 10/18 Cov 10/01/25 Term Loan 89,311.23 98.38 87,868.85 0.09% TL
BL3292630 00001 TRANSDIGM INC 05/30/25 Term Loan 89,318.19 98.34 87,831.49 0.09% TL
BL2387530 00001 BWAY CORP 04/03/24 Term Loan 89,300.52 98.19 87,681.95 0.09% TL
91790CAA4 VCAT 2021-NPL1 A1 STEP-CPN 12/26/2050 86,719.73 100.07 86,776.83 0.09% MR
949803AA8 WFMBS 2004-U A1 FRN 10/25/2034 86,500.45 99.44 86,016.78 0.09% MR
126405AA7 CSMC 2020-RPL4 A1 FRN 1/25/2060 84,359.34 100.96 85,167.05 0.09% MR
07332CAA5 BOMFT 2017-RT4 A FRN 7/28/2057 83,388.24 101.93 85,000.23 0.09% MR
BL3503036 00001 ASURION LLC 12/23/26 TERM LOAN 84,362.50 99.03 83,545.03 0.09% TL
BL2710616 00001 ARAMARK 03/11/25 TERM LOAN 85,000.00 98.03 83,321.25 0.08% TL
BL2823468 00001 CSC HOLDINGS LLC FRN 1/15/2026 84,134.85 98.33 82,728.12 0.08% TL
06616PAA5 BHG 2020-A A 2.56 9/17/2031 81,455.95 101.19 82,425.19 0.08% MR
55303XAK1 MGM GROWTH/MGM FINANCE 4.625 6/15/2025 75,000.00 106.6 79,950.00 0.08% B
67592LAA4 OCTL 2020-1A A 1.71 2/20/2025 79,630.73 100.39 79,943.04 0.08% MR
BL3165380 00004 HOSTESS BRANDS L 08/03/25 79,768.24 99.71 79,536.91 0.08% TL
BL3644913 00001 ATLANTIC AVIATION (KKR APPLE) 07/14/28 Term Loan 80,000.00 99.31 79,444.40 0.08% TL
84861TAH1 SPIRIT REALTY LP 2.1 3/15/2028 79,000.00 98.61 77,899.08 0.08% B
364760AP3 GAP INC/THE 3.625 10/1/2029 80,000.00 96.63 77,302.80 0.08% B
03465BAA5 AOMT 2020-SBC1 A1 FRN 5/25/2050 77,467.26 99.68 77,221.45 0.08% MR
826525AB3 SRFC 2020-2A B 2.32 7/20/2037 76,155.26 100.82 76,777.34 0.08% MR
86964WAL6 SUZANO AUSTRIA GMBH 2.5 9/15/2028 80,000.00 94.88 75,900.00 0.08% FB
89178AAA4 TPHT 2019-HE1 A1 FRN 4/25/2048 74,679.36 100.04 74,705.87 0.08% MR
BL3208776 00001 Vistra (TXU/TCEH) 6/18 Cov-Lite 12/31/25 Term Loan 71,075.01 99.24 70,531.64 0.07% TL
64828YAR2 NRZT 2014-2A A3 FRN 5/25/2054 66,773.32 104.66 69,886.53 0.07% MR
02530DAC0 ACAR 2019-2 C 3.17 6/12/2025 68,748.00 100.5 69,089.39 0.07% MR
03465AAA7 AOMT 2020-6 A1 FRN 5/25/2065 67,671.17 100.08 67,725.21 0.07% MR
05946XPV9 BAFC 2005-1 1A1 5.5 2/25/2035 65,108.64 103.75 67,549.81 0.07% MR
36228FPE0 GSR 2003-3F 1A6 6 4/25/2033 63,352.44 105.23 66,665.33 0.07% MR
BL2699439 00001 ARISTOCRAT INTERNATIONAL PT 10/19/24 Term Loan 67,200.81 99.1 66,596.00 0.07% TL
90945QAD3 UACST 2019-1 D 3.47 8/12/2024 65,113.79 100.25 65,276.70 0.07% MR
BL3550276 00001 RESIDEO FUNDING INC 02/11/28 TERM LOAN 64,918.42 100.13 64,999.57 0.07% TL
92537HAA9 VERUS 2019-INV2 A1 FRN 7/25/2059 62,839.34 100.69 63,273.88 0.06% MR
86359A5V1 SASC 2003-34A 6A FRN 11/25/2033 62,775.85 99.37 62,380.71 0.06% MR
12327FAA5 BJETS 2020-1A A 2.981 11/15/2035 61,579.23 101.17 62,301.34 0.06% MR
70410LAA8 PWNE 2020-1 A 1.37 11/17/2025 61,931.55 100.43 62,195.28 0.06% MR
35040UAA9 FFIN 2017-1A A 3.3 7/15/2033 61,248.61 100.94 61,826.62 0.06% MR
91680EAA3 UPST 2020-3 A 1.702 11/20/2030 61,154.84 100.38 61,385.04 0.06% MR
36418HAA0 GFMT 2020-H1 A1 FRN 1/25/2060 59,702.00 101.31 60,483.47 0.06% MR
00086CAA8 ACC 2020-A A 6 3/20/2023 59,650.45 101.32 60,438.56 0.06% MR
BL3673144 00002 Flutter Entertainment plc 07/21/26 Term Loan 60,549.25 99.52 60,259.22 0.06% TL
BL3665124 00001 MEDLINE INDUSTRIES 09/30/28 TERM LOAN 60,000.00 99.69 59,812.80 0.06% TL
BL2823567 00001 AGILITI HEALT 01/04/26 TERM LOAN 60,000.00 99.38 59,625.00 0.06% TL
68267DAA4 OMFIT 2019-1A A 3.48 2/14/2031 59,436.07 100.08 59,482.67 0.06% MR
67098AAC3 OBX 2019-INV1 A3 FRN 11/25/2048 58,031.78 102.36 59,402.64 0.06% MR
749389AA0 RCKT 2020-1 A1 FRN 2/25/2050 57,978.07 101.41 58,797.24 0.06% MR
BL3673144 00001 Flutter Entertainment plc 07/21/26 Term Loan 58,062.12 99.52 57,784.00 0.06% TL
BL3219062 00001 Element Solutions Inc TL 01/31/26 Term Loan 57,737.69 99.75 57,593.35 0.06% TL
9292274D5 WAMU 2003-AR6 A1 FRN 6/25/2033 57,465.91 99.24 57,026.49 0.06% MR
BL3284009 00001 R&R Ice Cream/Froneri 1/20 Cov- 01/29/27 Term Loan 57,977.26 98.35 57,022.08 0.06% TL
94981VAB3 WFMBS 2004-K 1A2 FRN 7/25/2034 56,339.51 101.06 56,934.11 0.06% MR
25461LAA0 DIRECTV HOLDINGS/FING 5.875 8/15/2027 55,000.00 102.99 56,646.43 0.06% B
228701AG3 CROWNROCK LP/CROWNROCK F 5 5/1/2029 55,000.00 100.75 55,412.50 0.06% B
30260YAA5 FHF 2020-1A A 2.59 12/15/2023 53,955.16 100.51 54,230.46 0.06% MR
37045XDD5 GENERAL MOTORS FINL CO 1.25 1/8/2026 55,000.00 98.01 53,906.74 0.06% B
62854AAN4 UTAH ACQUISITION SUB 3.95 6/15/2026 50,000.00 107.81 53,905.80 0.06% B
17324VAH7 CMLTI 2015-PS1 A1 FRN 9/25/2042 52,664.94 101.82 53,625.55 0.05% MR
466247K51 JPMMT 2006-A2 4A1 FRN 8/25/2034 50,516.06 105.11 53,099.59 0.05% MR
BL2699439 00003 ARISTOCRAT INTERNATIONAL PT 10/19/24 TERM LOAN 52,971.08 99.1 52,494.34 0.05% TL
68504TAA2 ONGLT 2015-AA A 2.88 9/8/2027 50,141.68 100.02 50,153.34 0.05% MR
BL3625151 00001 DT MIDSTREAM 06/26/28 TERM LOAN 49,500.00 100.07 49,534.90 0.05% TL
BL3294107 00001 STATION CASINOS LLC 02/08/27 TERM LOAN 49,246.26 98.72 48,615.41 0.05% TL
36168QAL8 GFL ENVIRONMENTAL INC 4 8/1/2028 50,000.00 97.04 48,519.00 0.05% FB
808513BD6 CHARLES SCHWAB CORP 5.375 PERPETL 9/1/2170 44,000.00 108.19 47,602.28 0.05% B
03237JAB3 AXIS 2018-2A A2 3.89 7/20/2022 45,915.83 100.63 46,205.11 0.05% MR
BL3172261 00002 Go Daddy 11/17 Cov-Lite 02/15/24 Term Loan 43,423.52 99.2 43,077.43 0.04% TL
22541Q2D3 CSFB 2003-AR30 5A1 FRN 1/25/2034 41,729.39 101.85 42,500.27 0.04% MR
74387LAC5 PFMT 2019-1 A2 FRN 12/25/2049 40,035.46 100.37 40,183.84 0.04% MR
05352TAB5 AVANTOR FUNDING INC 3.875 11/1/2029 40,000.00 99.87 39,949.40 0.04% B
86933YAA4 SCML 2017-SBC6 A FRN 5/25/2037 39,377.85 100.47 39,563.91 0.04% MR
31573TAC2 EFMT 2019-2 A3 FRN 11/25/2059 36,336.18 100.8 36,628.52 0.04% MR
BL3165380 00003 HOSTESS BRANDS LLC 08/03/25 TERM LOAN 36,725.92 99.71 36,619.41 0.04% TL
90352VAB2 USAUT 2019-1A B 3.99 12/15/2022 32,747.13 100.16 32,800.83 0.03% MR
BL3219062 00002 ELEMENT SOLUTIONS INC TL 01/31/26 TERM LOAN 31,578.76 99.75 31,499.81 0.03% TL
771049AA1 ROBLOX CORP 3.875 5/1/2030 30,000.00 100.89 30,266.70 0.03% B
BL3604099 00001 UNITED AIRLINES 04/21/28 TERM LOAN 29,850.00 100.18 29,902.24 0.03% TL
62482BAA0 MOZART DEBT MERGER SUB 3.875 4/1/2029 30,000.00 99.26 29,778.15 0.03% B
BL3362664 00001 ARISTOCRAT 10/19/24 TERM LOAN 29,662.13 100.06 29,680.67 0.03% TL
38061LAA7 GLDKR 2014-A A 3.22 3/17/2031 29,172.34 100.96 29,453.73 0.03% MR
BL3679562