VIP Investment Grade Bond Portfolio

Fund Profile

Fund profile

Fund manager

Variable Insurance Products Fund V

Total assets

$5.13 bn

Liabilities

$629.43 mm

Net assets

$4.50 bn

Number of holdings

2.32 k

Top 200 of 2319 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
UST NOTES 3.375% 05/15/2033	176.41 mm	181.45 mm principal	3.92	Debt	Long	USA
UST NOTES 1.25% 05/31/2028	143.36 mm	155.75 mm principal	3.19	Debt	Long	USA
UST NOTES 3.5% 02/15/2033	141.98 mm	144.50 mm principal	3.16	Debt	Long	USA
Fidelity Cash Central Fund	138.50 mm	138.47 mm shares	3.08	Short-term investment vehicle	Long	USA
UNITED STATES TREASURY BOND 4.125% 08/15/2053	129.69 mm	130.24 mm principal	2.88	Debt	Long	USA
UST NOTES 4% 01/31/2031	112.58 mm	110.40 mm principal	2.50	Debt	Long	USA
UNITED STATES TREASURY BOND 4.25% 02/15/2054	100.58 mm	98.70 mm principal	2.24	Debt	Long	USA
UST NOTES 2.875% 05/15/2032	83.40 mm	88.24 mm principal	1.85	Debt	Long	USA
Fidelity Specialized High Income Central Fund	75.69 mm	852.75 k shares	1.68	Common equity	Long	USA
UST NOTES 4.125% 08/31/2030	72.96 mm	71.10 mm principal	1.62	Debt	Long	USA
UMBS 30YR 2% 10/01/2054 #TBA	69.91 mm	84.55 mm principal	1.55	ABS-mortgage backed security	Long	USA
UST NOTES 4.375% 11/30/2030	67.62 mm	65.00 mm principal	1.50	Debt	Long	USA
UNITED STATES TREASURY BOND 2% 08/15/2051	67.05 mm	104.09 mm principal	1.49	Debt	Long	USA
UST NOTES 4% 02/15/2034	65.51 mm	64.40 mm principal	1.46	Debt	Long	USA
UST NOTES 1.125% 08/31/2028	64.25 mm	70.53 mm principal	1.43	Debt	Long	USA
UST NOTES 3.75% 08/31/2031	60.72 mm	60.40 mm principal	1.35	Debt	Long	USA
UNITED STATES TREASURY BOND 1.75% 08/15/2041	57.14 mm	80.59 mm principal	1.27	Debt	Long	USA
UNITED STATES TREASURY BOND 3.375% 08/15/2042	52.34 mm	58.00 mm principal	1.16	Debt	Long	USA
UST NOTES 4.25% 06/30/2031	51.04 mm	49.30 mm principal	1.14	Debt	Long	USA
UST NOTES 4.5% 11/15/2033	47.52 mm	45.00 mm principal	1.06	Debt	Long	USA
UST NOTES 4.625% 04/30/2031	45.74 mm	43.30 mm principal	1.02	Debt	Long	USA
UST NOTES 3.875% 08/15/2033	42.63 mm	42.29 mm principal	0.95	Debt	Long	USA
GNII II 2% 10/01/2054 #TBA	39.48 mm	46.58 mm principal	0.88	ABS-mortgage backed security	Long	USA
GNII II 6% 10/01/2054 #TBA	39.45 mm	38.80 mm principal	0.88	ABS-mortgage backed security	Long	USA
UMBS 30YR 6% 10/01/2054 #TBA	38.12 mm	37.30 mm principal	0.85	ABS-mortgage backed security	Long	USA
UST NOTES 3.75% 05/31/2030	37.95 mm	37.70 mm principal	0.84	Debt	Long	USA
UST NOTES 2.625% 07/31/2029	35.82 mm	37.40 mm principal	0.80	Debt	Long	USA
UMBS 30YR 2% 11/01/2054 #TBA	34.94 mm	42.20 mm principal	0.78	ABS-mortgage backed security	Long	USA
UNITED STATES TREASURY BOND 3% 02/15/2047	34.90 mm	42.59 mm principal	0.78	Debt	Long	USA
UNITED STATES TREASURY BOND 1.875% 11/15/2051	31.35 mm	50.33 mm principal	0.70	Debt	Long	USA
UNITED STATES TREASURY BOND 2.25% 02/15/2052	26.41 mm	38.73 mm principal	0.59	Debt	Long	USA
UST NOTES 1.75% 01/31/2029	25.58 mm	27.60 mm principal	0.57	Debt	Long	USA
UST NOTES 4.125% 07/31/2028	25.49 mm	25.00 mm principal	0.57	Debt	Long	USA
UST NOTES 4% 06/30/2028	25.37 mm	25.00 mm principal	0.56	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	23.27 mm	23.64 mm principal	0.52	Debt	Long	USA
GNII II 2.5% 10/01/2054 #TBA	23.21 mm	26.35 mm principal	0.52	ABS-mortgage backed security	Long	USA
GNII II 3% 10/01/2054 #TBA	22.96 mm	25.18 mm principal	0.51	ABS-mortgage backed security	Long	USA
UNITED STATES TREASURY BOND 4.625% 05/15/2054	21.38 mm	19.71 mm principal	0.48	Debt	Long	USA
GNII II 5.5% 10/01/2054 #TBA	19.79 mm	19.60 mm principal	0.44	ABS-mortgage backed security	Long	USA
UST NOTES 4.125% 11/15/2032	19.13 mm	18.60 mm principal	0.43	Debt	Long	USA
BANK OF AMERICA CORPORATION 5.015%/VAR 07/22/2033	18.90 mm	18.42 mm principal	0.42	Debt	Long	USA
UMBS 30YR 2.5% 10/01/2054 #TBA	15.58 mm	18.05 mm principal	0.35	ABS-mortgage backed security	Long	USA
JPMORGAN CHASE and CO 4.586%/VAR 04/26/2033	15.53 mm	15.53 mm principal	0.35	Debt	Long	USA
UNITED STATES TREASURY BOND 1.125% 05/15/2040	15.11 mm	22.87 mm principal	0.34	Debt	Long	USA
UMBS 30YR 5.5% 10/01/2054 #TBA	14.97 mm	14.80 mm principal	0.33	ABS-mortgage backed security	Long	USA
UST NOTES 1.25% 09/30/2028	14.56 mm	15.94 mm principal	0.32	Debt	Long	USA
UMBS 30YR 4.5% 10/01/2054 #TBA	13.94 mm	14.18 mm principal	0.31	ABS-mortgage backed security	Long	USA
GNII II 3.5% 10/01/2054 #TBA	12.74 mm	13.55 mm principal	0.28	ABS-mortgage backed security	Long	USA
MORGAN STANLEY 3.125% 07/27/2026	12.25 mm	12.47 mm principal	0.27	Debt	Long	USA
GNII II 5% 10/01/2054 #TBA	11.77 mm	11.75 mm principal	0.26	ABS-mortgage backed security	Long	USA
Spectrum Management Holding Company, LLC	11.36 mm	11.47 mm principal	0.25	Debt	Long	USA
FNMA 30YR 3.5% 10/01/2050#FM5298	10.73 mm	11.43 mm principal	0.24	ABS-mortgage backed security	Long	USA
GNII II 4.5% 10/01/2054 #TBA	10.66 mm	10.80 mm principal	0.24	ABS-mortgage backed security	Long	USA
BANK OF AMERICA CORPORATION 3.419%/VAR 12/20/2028	10.47 mm	10.77 mm principal	0.23	Debt	Long	USA
T AT&T Inc.	10.18 mm	10.88 mm principal	0.23	Debt	Long	USA
FORD MTR CR CO LLC 4.063% 11/01/2024	9.98 mm	10.00 mm principal	0.22	Debt	Long	USA
UNITED STATES TREASURY BOND 2% 11/15/2041	9.93 mm	13.51 mm principal	0.22	Debt	Long	USA
C Citigroup Inc.	9.72 mm	9.71 mm principal	0.22	Debt	Long	USA
UMBS 30YR 6% 11/01/2054 #TBA	9.56 mm	9.35 mm principal	0.21	ABS-mortgage backed security	Long	USA
MORGAN STANLEY 4.889%/VAR 07/20/2033	9.47 mm	9.36 mm principal	0.21	Debt	Long	USA
OHI Omega Healthcare Investors, Inc.	9.15 mm	9.19 mm principal	0.20	Debt	Long	USA
Blackstone Private Credit Fund	8.98 mm	9.01 mm principal	0.20	Debt	Long	USA
CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 5.375% 05/01/2047	8.95 mm	10.66 mm principal	0.20	Debt	Long	USA
WELLS FARGO and CO NEW 5.013%/VAR 04/04/2051	8.95 mm	9.13 mm principal	0.20	Debt	Long	USA
BPR TRUST 2021-TY TSFR1M+174.77 04/15/2024 144A	8.78 mm	8.75 mm principal	0.20	ABS-mortgage backed security	Long	USA
BX COML MTG TR 2024-XL5 A TSFR1M+139.165 03/15/2039 144A	8.68 mm	8.68 mm principal	0.19	ABS-mortgage backed security	Long	USA
GS The Goldman Sachs Group, Inc.	8.56 mm	8.79 mm principal	0.19	Debt	Long	USA
MS Morgan Stanley	8.35 mm	8.31 mm principal	0.19	Debt	Long	USA
PETROLEOS MEXICANOS 6.7% 02/16/2032	8.27 mm	9.25 mm principal	0.18	Debt	Long	Mexico
UMBS 30YR 3.5% 10/01/2054 #TBA	8.20 mm	8.80 mm principal	0.18	ABS-mortgage backed security	Long	USA
FHLG 30YR 1.5% 04/01/2051#SD8139	8.18 mm	10.34 mm principal	0.18	ABS-mortgage backed security	Long	USA
WELLS FARGO and CO NEW 4.478%/VAR 04/04/2031	8.13 mm	8.12 mm principal	0.18	Debt	Long	USA
AERCAP IRELAND CAP LTD / AERCAP GLOBAL AVIATION TR 6.45% 04/15/2027	7.86 mm	7.50 mm principal	0.17	Debt	Long	Ireland
GNII II 6.5% 10/01/2054 #TBA	7.78 mm	7.60 mm principal	0.17	ABS-mortgage backed security	Long	USA
HES Hess Corporation	7.74 mm	7.44 mm principal	0.17	Debt	Long	USA
UMBS 15YR 2% 10/01/2039 #TBA	7.66 mm	8.38 mm principal	0.17	ABS-mortgage backed security	Long	USA
COF Capital One Financial Corporation	7.52 mm	7.65 mm principal	0.17	Debt	Long	USA
BANK OF AMERICA CORPORATION 2.299%/VAR 07/21/2032	7.46 mm	8.62 mm principal	0.17	Debt	Long	USA
CLECO CORPORATE HLDGS LLC 3.743% 05/01/2026	7.36 mm	7.48 mm principal	0.16	Debt	Long	USA
INTESA SANPAOLO SPA 5.71% 01/15/2026 144A	7.35 mm	7.30 mm principal	0.16	Debt	Long	Italy
JPMORGAN CHASE and CO 4.493%/VAR 03/24/2031	7.31 mm	7.27 mm principal	0.16	Debt	Long	USA
TAP Molson Coors Beverage Company	7.28 mm	7.43 mm principal	0.16	Debt	Long	USA
T AT&T Inc.	7.15 mm	8.48 mm principal	0.16	Debt	Long	USA
PETROLEOS MEXICANOS 7.69% 01/23/2050	7.14 mm	9.20 mm principal	0.16	Debt	Long	Mexico
Broadcom Pte. Ltd.	7.12 mm	8.03 mm principal	0.16	Debt	Long	USA
UST NOTES 3.75% 06/30/2030	7.05 mm	7.00 mm principal	0.16	Debt	Long	USA
ARCC Ares Capital Corporation	6.97 mm	7.07 mm principal	0.16	Debt	Long	USA
MET MetLife, Inc.	6.95 mm	6.53 mm principal	0.15	Debt	Long	USA
Broadcom Pte. Ltd.	6.89 mm	8.03 mm principal	0.15	Debt	Long	USA
GNII II 2% 10/20/2050#MA6930	6.78 mm	7.99 mm principal	0.15	ABS-mortgage backed security	Long	USA
DEUTSCHE BANK AG 4.5% 04/01/2025	6.76 mm	6.79 mm principal	0.15	Debt	Long	Germany
SREIT TR 2021-MFP TSFR1M+84.528 08 11/15/2038 144A	6.73 mm	6.77 mm principal	0.15	ABS-mortgage backed security	Long	USA
ELP COMMERCIAL MORTGAGE TRUST 2021-ELP TSFR1M+81.548 1 11/15/2036 144A	6.71 mm	6.76 mm principal	0.15	ABS-mortgage backed security	Long	USA
BANK OF AMERICA CORPORATION 5.425%/VAR 08/15/2035	6.66 mm	6.50 mm principal	0.15	Debt	Long	USA
UMBS 15YR 5% 10/01/2039 #TBA	6.58 mm	6.50 mm principal	0.15	ABS-mortgage backed security	Long	USA
T AT&T Inc.	6.55 mm	8.66 mm principal	0.15	Debt	Long	USA
FHLG 15YR 2% 06/01/2035#QN2425	6.40 mm	6.95 mm principal	0.14	ABS-mortgage backed security	Long	USA
FNMA 30YR 5.5% 04/01/2054#CB8330	6.19 mm	6.11 mm principal	0.14	ABS-mortgage backed security	Long	USA
MORGAN STANLEY 3.625% 01/20/2027	6.19 mm	6.25 mm principal	0.14	Debt	Long	USA
INTOWN 2022-STAY MORTGAGE TRUST TSFR1M+223.92 08/15/2037 144A	6.10 mm	6.09 mm principal	0.14	ABS-mortgage backed security	Long	USA
CFG Citizens Financial Group, Inc.	6.10 mm	5.88 mm principal	0.14	Debt	Long	USA
FNMA 30YR 3% 10/01/2051#FM9049	6.05 mm	6.66 mm principal	0.13	ABS-mortgage backed security	Long	USA
C Citigroup Inc.	5.99 mm	6.03 mm principal	0.13	Debt	Long	USA
BX 2024-CNYN TSFR1M+144.188 04/15/2029 144A	5.94 mm	5.95 mm principal	0.13	ABS-mortgage backed security	Long	USA
OPG TR 2021-PORT TSFR1M+59.848 8 10/15/2036 144A	5.90 mm	5.96 mm principal	0.13	ABS-mortgage backed security	Long	USA
KKR CLO 41 LTD 22-41A A1 TSFR3M+133 04/15/2035 144A	5.88 mm	5.87 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	Cayman Islands
ATHENE GLOBAL FUNDING 5.339% 01/15/2027 144A	5.81 mm	5.72 mm principal	0.13	Debt	Long	USA
AIMCO CLO 14 LTD / AIMCO CLO 14 LLC 21-14A A TSFR3M+125.161 04/20/2034 144A	5.80 mm	5.80 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FIVE CORNERS FND TR II 2.85% 05/15/2030 144A	5.79 mm	6.26 mm principal	0.13	Debt	Long	USA
VENTAS RLTY LTD PARTNERSHIP 4.75% 11/15/2030	5.74 mm	5.69 mm principal	0.13	Debt	Long	USA
C Citigroup Inc.	5.69 mm	5.64 mm principal	0.13	Debt	Long	USA
UMBS 30YR 4.5% 11/01/2054 #TBA	5.58 mm	5.68 mm principal	0.12	ABS-mortgage backed security	Long	USA
LIFE FINANCIAL SERVICES TRUST 2022 TSFR1M+129.524 05/15/2039 144A	5.55 mm	5.70 mm principal	0.12	ABS-mortgage backed security	Long	USA
SO The Southern Company	5.54 mm	5.50 mm principal	0.12	Debt	Long	USA
RPAI Retail Properties of America, Inc.	5.51 mm	5.51 mm principal	0.12	Debt	Long	USA
MS Morgan Stanley	5.47 mm	5.70 mm principal	0.12	Debt	Long	USA
ORCL Oracle Corporation	5.47 mm	5.82 mm principal	0.12	Debt	Long	USA
DRYDEN 2022-108A A1R CLO LTD / DRYDEN 2022-108A A1R CLO LLC TSFR3M+136 07/18/2037 144A	5.45 mm	5.44 mm principal	0.12	ABS-collateralized bond/debt obligation	Long	Jersey
SUBWAY FDG LLC ISSUER 6.028% 07/30/2054 144A	5.41 mm	5.24 mm principal	0.12	ABS-collateralized bond/debt obligation	Long	USA
C Citigroup Inc.	5.36 mm	5.39 mm principal	0.12	Debt	Long	USA
FHLG 20YR 3.5% 02/34#G30703	5.35 mm	5.46 mm principal	0.12	ABS-mortgage backed security	Long	USA
Broadcom Pte. Ltd.	5.34 mm	6.49 mm principal	0.12	Debt	Long	USA
Credit Suisse Group AG	5.33 mm	5.46 mm principal	0.12	Debt	Long	Switzerland
SOCIETE GENERALE FRANCE 1.488%/VAR 12/14/2026 144A	5.29 mm	5.53 mm principal	0.12	Debt	Long	France
BENCHMARK 2018-B8 A5 MORTGAGE TRUST 4.2317% 01/15/2052	5.21 mm	5.34 mm principal	0.12	ABS-mortgage backed security	Long	USA
PETROLEOS MEXICANOS 6.35% 02/12/2048	5.19 mm	7.49 mm principal	0.12	Debt	Long	Mexico
WELLS FARGO and CO NEW 3.526%/VAR 03/24/2028	5.17 mm	5.27 mm principal	0.12	Debt	Long	USA
Western Midstream Partners LP	5.14 mm	5.14 mm principal	0.11	Debt	Long	USA
FEDERAL HOME LN MTG MLT CTF GT 2.26% 01/25/2029	5.13 mm	5.50 mm principal	0.11	ABS-mortgage backed security	Long	USA
CNC Centene Corporation	5.13 mm	5.57 mm principal	0.11	Debt	Long	USA
CF HIPPOLYTA ISSUER LLC 1.53% 03/15/2061 144A	5.07 mm	5.40 mm principal	0.11	ABS-mortgage backed security	Long	USA
UMBS 30YR 3% 10/01/2054 #TBA	5.07 mm	5.65 mm principal	0.11	ABS-mortgage backed security	Long	USA
OAK HILL CREDIT PARTNERS TSFR3M+135 07/20/2037 144A	5.05 mm	5.03 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
SYMP 2022-32A A1 TSFR3M+132 04/23/2035 144A	5.04 mm	5.04 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
BX COML MTG TR 2024-MDHS 6.8415% 05/15/2041 144A	5.04 mm	5.04 mm principal	0.11	ABS-mortgage backed security	Long	USA
UMBS 15YR 2% 11/01/2039 #TBA	5.04 mm	5.50 mm principal	0.11	ABS-mortgage backed security	Long	USA
GNII II 4% 10/01/2054 #TBA	5.03 mm	5.20 mm principal	0.11	ABS-mortgage backed security	Long	USA
BX COMMERCIAL MORTGAGE TRUST 2021-PAC TSFR1M+80.358 21 10/15/2036 144A	4.97 mm	5.02 mm principal	0.11	ABS-mortgage backed security	Long	USA
CNC Centene Corporation	4.96 mm	5.07 mm principal	0.11	Debt	Long	USA
OXY Occidental Petroleum Corporatio	4.95 mm	4.36 mm principal	0.11	Debt	Long	USA
PETROLEOS MEXICANOS 6.75% 09/21/2047	4.91 mm	6.87 mm principal	0.11	Debt	Long	Mexico
RR 7 LTD TSFR3M+134 01/15/2037 144A	4.87 mm	4.87 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
T-MOBILE USA INC 3.875% 04/15/2030	4.87 mm	5.01 mm principal	0.11	Debt	Long	USA
BEECHWOOD PARK CLO LTD 19-1A A1R TSFR3M+130 01/17/2035 144A	4.86 mm	4.85 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
VOYA CLO 2020-3 LTD / LLC TSFR3M+141.161 10/20/2034 144A	4.84 mm	4.84 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
ROCKLAND PARK CLO LTD TSFR3M+138.161 04/20/2034 144A	4.82 mm	4.82 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
AES The AES Corporation	4.81 mm	4.88 mm principal	0.11	Debt	Long	USA
FEDERAL NAT MTG ASN GTD REM PA 2.7% 05/25/2047	4.80 mm	5.22 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	USA
JBS USA HOLDING LUX/ JBS USA FOOD CO/ JBS LUX CO SARL 2.5% 01/15/2027	4.79 mm	5.00 mm principal	0.11	Debt	Long	Luxembourg
GNMA II 2.5% 08/20/2051#785602	4.78 mm	5.49 mm principal	0.11	ABS-mortgage backed security	Long	USA
ARES LVIII CLO LLC SOFR90A+133 01/15/2035 144A	4.78 mm	4.77 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
UNITED STATES TREASURY BOND 4.625% 05/15/2044	4.77 mm	4.50 mm principal	0.11	Debt	Long	USA
REGIONS BANK OF ALABAMA 6.45% 06/26/2037	4.72 mm	4.38 mm principal	0.10	Debt	Long	USA
AERCAP IRELAND CAP LTD / AERCAP GLOBAL AVIATION TR 3.5% 01/15/2025	4.69 mm	4.71 mm principal	0.10	Debt	Long	Ireland
COF Capital One Financial Corporation	4.68 mm	4.60 mm principal	0.10	Debt	Long	USA
SABRA HEALTH CARE LP 3.2% 12/01/2031	4.67 mm	5.31 mm principal	0.10	Debt	Long	USA
FNMA 30YR 2.5% 10/01/2050#CA7229	4.67 mm	5.33 mm principal	0.10	ABS-mortgage backed security	Long	USA
GS The Goldman Sachs Group, Inc.	4.64 mm	5.36 mm principal	0.10	Debt	Long	USA
MORGAN STANLEY CAP I TR 2019-MEAD 3.17% 11/10/2036 144A	4.64 mm	4.76 mm principal	0.10	ABS-mortgage backed security	Long	USA
VICI PROPERTIES LP 4.95% 02/15/2030	4.63 mm	4.60 mm principal	0.10	Debt	Long	USA
ALLEGRO CLO XII LTD TSFR3M+144 07/21/2037 144A	4.62 mm	4.61 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Cayman Islands
JPMORGAN CHASE and CO 4.912%/VAR 07/25/2033	4.60 mm	4.51 mm principal	0.10	Debt	Long	USA
WMB The Williams Companies, Inc.	4.57 mm	4.83 mm principal	0.10	Debt	Long	USA
FITB Fifth Third Bancorp	4.56 mm	4.50 mm principal	0.10	Debt	Long	USA
NI NiSource Inc.	4.55 mm	4.86 mm principal	0.10	Debt	Long	USA
SABINE PASS LIQUEFACTION LLC 4.5% 05/15/2030	4.52 mm	4.53 mm principal	0.10	Debt	Long	USA
CEDAR FUNDING LTD 2022 TSFR3M+132 04/20/2035 144A	4.50 mm	4.50 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	USA
Blackstone Private Credit Fund	4.44 mm	4.36 mm principal	0.10	Debt	Long	USA
AASET 2021-2 TR 2.798% 01/15/2047 144A	4.38 mm	4.79 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	USA
ALLY Ally Financial Inc.	4.37 mm	4.12 mm principal	0.10	Debt	Long	USA
MAGNETITE IX LTD /LLC TSFR3M+139.161 10/25/2034 144A	4.36 mm	4.36 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FEDERAL HOME LN MTG MLT CTF GT 3.65% 02/25/2028	4.36 mm	4.40 mm principal	0.10	ABS-mortgage backed security	Long	USA
GNII II 2% 12/20/2050#MA7051	4.35 mm	5.14 mm principal	0.10	ABS-mortgage backed security	Long	USA
MORGAN STANLEY CAPITAL I TRUST 2018-H4 4.31% 12/15/2051	4.34 mm	4.41 mm principal	0.10	ABS-mortgage backed security	Long	USA
EATON VANCE CLO 2020-2A AR2 LTD TSFR3M+138 07/15/2038 144A	4.33 mm	4.33 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Cayman Islands
EATON VANCE CLO 2020-2 LTD TSFR3M+141.161 01/15/2035 144A	4.33 mm	4.33 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Cayman Islands
STOR Store Capital Corp	4.33 mm	4.95 mm principal	0.10	Debt	Long	USA
AMERICAN HOMES 4 RENT LP 5.5% 07/15/2034	4.33 mm	4.19 mm principal	0.10	Debt	Long	USA
FEDERAL HOME LN MTG MLT CTF GT 5.482% 01/25/2029	4.30 mm	4.10 mm principal	0.10	ABS-mortgage backed security	Long	USA
HCA INC 5.45% 04/01/2031	4.27 mm	4.10 mm principal	0.10	Debt	Long	USA
BX COMMERCIAL MORTGAGE TRUST 22-LP2 A TSFR1M+96.27 02/15/2039 144A	4.25 mm	4.27 mm principal	0.09	ABS-mortgage backed security	Long	USA
SYF Synchrony Financial	4.23 mm	4.36 mm principal	0.09	Debt	Long	USA
BARINGS CLO LTD 2021-1A A TSFR3M+128.161 04/25/2034 144A	4.23 mm	4.22 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
UNM Unum Group	4.22 mm	4.13 mm principal	0.09	Debt	Long	USA
COOPERATIEVE RABOBANK UA 4.375% 08/04/2025	4.21 mm	4.23 mm principal	0.09	Debt	Long	Netherlands
LOW Lowe's Companies, Inc.	4.20 mm	4.96 mm principal	0.09	Debt	Long	USA
BNP PARIBAS 2.219%/VAR 06/09/2026 144A	4.20 mm	4.28 mm principal	0.09	Debt	Long	France
BCS Barclays PLC	4.18 mm	4.17 mm principal	0.09	Debt	Long	UK
FHLG 20YR 2.5% 11/01/2041#SC0210	4.13 mm	4.58 mm principal	0.09	ABS-mortgage backed security	Long	USA
MADISON PK FDG LII LTD / MADISON PK FDG LII LLC TSFR3M+136.161 01/22/2035 144A	4.12 mm	4.12 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
UNITED STATES TREASURY BOND 3.625% 05/15/2053	4.10 mm	4.50 mm principal	0.09	Debt	Long	USA
AES The AES Corporation	4.06 mm	4.25 mm principal	0.09	Debt	Long	USA
WHEELS FLEET LEASE FUNDING 1 LLC 6.46% 08/18/2038 144A	4.06 mm	4.01 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	USA
MADISON PK FDG L LTD / MADISON PK FDG L LLC TSFR3M+140.161 04/19/2034 144A	4.05 mm	4.05 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FHLG 30YR 2.5% 11/01/2050#SD7530	4.05 mm	4.63 mm principal	0.09	ABS-mortgage backed security	Long	USA
FLATIRON CLO LT 21-1A A1R TSFR3M+136 10/19/2037 144A	4.04 mm	4.03 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
SUBWAY FDG LLC ISSUER 5.246% 07/30/2054 144A	4.03 mm	4.03 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	USA
ARES XLI CLO LTD / ARES XLI CLO LLC TSFR3M+133.161 04/15/2034 144A	4.02 mm	4.02 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FNMA 30YR 3.5% 06/01/2051#	4.02 mm	4.29 mm principal	0.09	ABS-mortgage backed security	Long	USA
VENTAS RLTY LTD PARTNERSHIP 3% 01/15/2030	4.01 mm	4.33 mm principal	0.09	Debt	Long	USA