Multi-Sector Bond Portfolio

Fund Profile

Fund profile

Fund manager

Northwestern Mutual Series Fund Inc

Total assets

$1.56 bn

Liabilities

$240.52 mm

Net assets

$1.31 bn

Number of holdings

1.22 k

Top 200 of 1216 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
Uniform Mortgage-Backed Security, TBA	60.37 mm	59.20 mm principal	4.59	ABS-mortgage backed security	Long	USA
Uniform Mortgage-Backed Security, TBA	41.25 mm	41.10 mm principal	3.14	ABS-mortgage backed security	Long	USA
CITIGROUP REPO	26.10 mm	26.10 mm principal	1.99	Repurchase agreement	Long	USA
Freddie Mac Pool	18.50 mm	19.10 mm principal	1.41	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	17.98 mm	18.17 mm principal	1.37	ABS-mortgage backed security	Long	USA
U.S. Treasury Bonds	17.82 mm	19.80 mm principal	1.35	Debt	Long	USA
U.S. Treasury Bonds	14.64 mm	15.10 mm principal	1.11	Debt	Long	USA
RVPO BANK OF NOVA SCOTIA	13.91 mm	20.00 mm principal	1.06	Repurchase agreement	Long	Canada
European Union	13.68 mm	13.10 mm principal	1.04	Debt	Long	XX
Saudi Government International Bond	9.71 mm	10.00 mm principal	0.74	Debt	Long	Saudi Arabia
Argentina Government International Bonds	9.05 mm	14.49 mm principal	0.69	Debt	Long	Argentina
U.S. Treasury Bonds	8.59 mm	8.70 mm principal	0.65	Debt	Long	USA
Saudi Government International Bonds	7.50 mm	9.30 mm principal	0.57	Debt	Long	Saudi Arabia
Long: SWPC0MZ84 CDS USD R F 5.00000 1 CCPCDX / Short: SWPC0MZ84 CDS USD P V 03MEVENT 2 CCPCDX	6.94 mm	90.20 mm other units	0.53	Credit derivative	N/A	USA
Mexican Udibonos	6.75 mm	156.15 mm principal	0.51	Debt	Long	Mexico
Mastr Asset Backed Securities Trust 2006-FRE2	6.73 mm	7.38 mm principal	0.51	ABS-mortgage backed security	Long	USA
U.S. Treasury Inflation-Indexed Notes	6.64 mm	6.68 mm principal	0.50	Debt	Long	USA
Adler Financing Sarl	6.34 mm	5.92 mm principal	0.48	Debt	Long	Luxembourg
Carrington Mortgage Loan Trust Series 2005-FRE1	6.25 mm	8.02 mm principal	0.48	ABS-other	Long	USA
Uniform Mortgage-Backed Security, TBA	6.21 mm	6.60 mm principal	0.47	ABS-mortgage backed security	Long	USA
SOCAR Turkey Enerji AS EUR Term Loan	5.98 mm	5.80 mm principal	0.45	Loan	Long	Turkey
Egypt Government International Bond	5.97 mm	6.55 mm principal	0.45	Debt	Long	Egypt
BMO 2024-5C5 Mortgage Trust	5.94 mm	5.80 mm principal	0.45	ABS-mortgage backed security	Long	USA
Citigroup Mortgage Loan Trust 2007-FS1	5.84 mm	6.56 mm principal	0.44	ABS-other	Long	USA
Soundview Home Loan Trust 2006-OPT3	5.80 mm	6.69 mm principal	0.44	ABS-mortgage backed security	Long	USA
Melco Resorts Finance Ltd	5.66 mm	5.70 mm principal	0.43	Debt	Long	Cayman Islands
Chase Home Lending Mortgage Trust 2023-RPL3	5.66 mm	6.40 mm principal	0.43	ABS-mortgage backed security	Long	USA
Mundys SpA	5.43 mm	5.50 mm principal	0.41	Debt	Long	Italy
ABFC 2007-WMC1 Trust	5.31 mm	7.47 mm principal	0.40	ABS-other	Long	USA
CSMC 2021-RPL3 Trust	5.23 mm	6.02 mm principal	0.40	ABS-mortgage backed security	Long	USA
Drive Auto Receivables Trust 2024-2	5.06 mm	5.10 mm principal	0.39	ABS-other	Long	USA
Freddie Mac Pool	5.04 mm	5.36 mm principal	0.38	ABS-mortgage backed security	Long	USA
Morgan Stanley ABS Capital I Inc Trust 2005-HE5	5.00 mm	6.16 mm principal	0.38	ABS-mortgage backed security	Long	USA
Abu Dhabi Government International Bonds	4.98 mm	7.50 mm principal	0.38	Debt	Long	United Arab Emirates
Hungary Government International Bond	4.92 mm	4.40 mm principal	0.37	Debt	Long	Hungary
Uniform Mortgage-Backed Security, TBA	4.57 mm	5.00 mm principal	0.35	ABS-mortgage backed security	Long	USA
Fortress Transportation and Infrastructure Investors LLC	4.49 mm	4.40 mm principal	0.34	Debt	Long	USA
Pertamina Persero PT	4.49 mm	4.30 mm principal	0.34	Debt	Long	Indonesia
T AT&T Inc.	4.41 mm	6.66 mm principal	0.34	Debt	Long	USA
U.S. Treasury Bonds	4.37 mm	4.50 mm principal	0.33	Debt	Long	USA
Dell International LLC / EMC Corp	4.34 mm	4.30 mm principal	0.33	Debt	Long	USA
Banca Monte dei Paschi di Siena SpA	4.34 mm	3.80 mm principal	0.33	Debt	Long	Italy
Turkiye Government International Bonds	4.31 mm	6.20 mm principal	0.33	Debt	Long	Turkey
Serbia International Bond	4.10 mm	4.40 mm principal	0.31	Debt	Long	Serbia
Avis Budget Rental Car Funding AESOP LLC	4.06 mm	4.00 mm principal	0.31	ABS-other	Long	USA
Colombia Government International Bonds	4.04 mm	6.00 mm principal	0.31	Debt	Long	Colombia
Renault SA	3.99 mm	3.90 mm principal	0.30	Debt	Long	France
OBX 2023-NQM9 Trust	3.97 mm	3.89 mm principal	0.30	ABS-mortgage backed security	Long	USA
Argentina Government International Bonds	3.93 mm	5.92 mm principal	0.30	Debt	Long	Argentina
UniCredit SpA	3.87 mm	3.70 mm principal	0.29	Debt	Long	Italy
Santander UK Group Holdings PLC	3.85 mm	4.00 mm principal	0.29	Debt	Long	UK
Republic of South Africa Government Bond	3.77 mm	78.20 mm principal	0.29	Debt	Long	South Africa
United Airlines 2023-1 Class A Pass Through Trust	3.69 mm	3.62 mm principal	0.28	Debt	Long	USA
Ally Financial Inc	3.62 mm	3.27 mm principal	0.28	Debt	Long	USA
Credicorp Capital Sociedad Titulizadora SA	3.56 mm	13.00 mm principal	0.27	Debt	Long	Peru
Virgin Media Secured Finance PLC	3.52 mm	3.20 mm principal	0.27	Debt	Long	UK
Colombia Government International Bonds	3.52 mm	3.80 mm principal	0.27	Debt	Long	Colombia
Reach ABS Trust 2024-2	3.51 mm	3.50 mm principal	0.27	ABS-other	Long	USA
LoanCore 2022-CRE7 Issuer Ltd	3.51 mm	3.50 mm principal	0.27	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Trinitas CLO XIV Ltd	3.50 mm	3.50 mm principal	0.27	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Angel Oak Mortgage Trust 2024-8	3.50 mm	3.51 mm principal	0.27	ABS-mortgage backed security	Long	USA
Nexi SpA	3.47 mm	3.53 mm principal	0.26	Debt	Long	Italy
Vmed O2 UK Financing I PLC	3.45 mm	3.10 mm principal	0.26	Debt	Long	UK
Nissan Motor Co Ltd	3.37 mm	3.50 mm principal	0.26	Debt	Long	Japan
Wells Fargo Commercial Mortgage Trust 2024-5C2	3.34 mm	3.30 mm principal	0.25	ABS-mortgage backed security	Long	USA
Turkiye Government International Bonds	3.27 mm	4.40 mm principal	0.25	Debt	Long	Turkey
Panama Government International Bonds	3.24 mm	3.80 mm principal	0.25	Debt	Long	Panama
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara	3.21 mm	3.30 mm principal	0.24	Debt	Long	Indonesia
Brazil Government International Bonds	3.17 mm	3.40 mm principal	0.24	Debt	Long	Brazil
CCL Carnival Corporation & plc	3.13 mm	3.30 mm principal	0.24	Debt	Long	Panama
OCS Group Holdings Ltd GBP Term Loan B	3.10 mm	2.50 mm principal	0.24	Loan	Long	UK
New Residential Mortgage Loan Trust 2023-NQM1	3.10 mm	3.06 mm principal	0.24	ABS-mortgage backed security	Long	USA
Turkiye Government International Bond	3.09 mm	2.85 mm principal	0.24	Debt	Long	Turkey
Bank of Industry Limited 2024 EUR Term Loan B1	3.08 mm	3.00 mm principal	0.23	Loan	Long	Nigeria
Barings CLO Ltd 2018-I	3.08 mm	3.08 mm principal	0.23	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Credit Suisse Group AG	3.08 mm	3.00 mm principal	0.23	Debt	Long	Switzerland
Verus Securitization Trust 2024-INV1	3.08 mm	3.06 mm principal	0.23	ABS-mortgage backed security	Long	USA
National Bank of Hungary Bill	3.07 mm	1.22 bn principal	0.23	Short-term investment vehicle	Long	Hungary
Mexico Government International Bonds	3.06 mm	5.40 mm principal	0.23	Debt	Long	Mexico
Wells Fargo & Co	3.05 mm	3.00 mm principal	0.23	Debt	Long	USA
Titanium 2l Bondco Sarl	3.05 mm	8.79 mm principal	0.23	Debt	Long	Luxembourg
BCS Barclays PLC	3.03 mm	3.00 mm principal	0.23	Debt	Long	UK
U.S. Treasury Bonds	2.99 mm	3.30 mm principal	0.23	Debt	Long	USA
Drive Auto Receivables Trust 2024-2	2.97 mm	3.00 mm principal	0.23	ABS-other	Long	USA
CBAM 2019-10 Ltd	2.97 mm	2.96 mm principal	0.23	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Panama Government International Bonds	2.94 mm	2.90 mm principal	0.22	Debt	Long	Panama
Petroleos Mexicanos	2.91 mm	3.70 mm principal	0.22	Debt	Long	Mexico
Tesco Property Finance 6 PLC	2.91 mm	2.45 mm principal	0.22	Debt	Long	UK
HSBC HSBC Holdings plc	2.90 mm	3.08 mm principal	0.22	Debt	Long	UK
VZ Verizon Communications Inc.	2.90 mm	3.50 mm principal	0.22	Debt	Long	USA
Cotiviti Corporation 2024 Term Loan	2.89 mm	2.88 mm principal	0.22	Loan	Long	USA
Chase Home Lending Mortgage Trust 2024-RPL4	2.87 mm	3.23 mm principal	0.22	ABS-mortgage backed security	Long	USA
Greensaif Pipelines Bidco Sarl	2.86 mm	2.90 mm principal	0.22	Debt	Long	Luxembourg
Bacardi Ltd	2.86 mm	2.90 mm principal	0.22	Debt	Long	Bermuda
Petroleos Mexicanos	2.86 mm	3.00 mm principal	0.22	Debt	Long	Mexico
UKG Inc	2.84 mm	2.80 mm principal	0.22	Debt	Long	USA
Organon & Co / Organon Foreign Debt Co-Issuer BV	2.82 mm	2.80 mm principal	0.21	Debt	Long	USA
Venture Global LNG Inc	2.82 mm	2.70 mm principal	0.21	Debt	Long	USA
Republic of Poland Government International Bonds	2.81 mm	2.90 mm principal	0.21	Debt	Long	Poland
NGPL PipeCo LLC	2.80 mm	2.50 mm principal	0.21	Debt	Long	USA
NatWest Group PLC	2.80 mm	2.80 mm principal	0.21	Debt	Long	UK
Regatta XV Funding Ltd	2.76 mm	2.76 mm principal	0.21	ABS-collateralized bond/debt obligation	Long	Cayman Islands
XYZ Block, Inc.	2.73 mm	2.70 mm principal	0.21	Debt	Long	USA
NN Group NV	2.71 mm	2.60 mm principal	0.21	Debt	Long	Netherlands
Romanian Government International Bond	2.70 mm	2.50 mm principal	0.21	Debt	Long	Romania
Exeter Automobile Receivables Trust 2024-5	2.68 mm	2.70 mm principal	0.20	ABS-other	Long	USA
Wells Fargo Commercial Mortgage Trust 2024-5C2	2.68 mm	2.60 mm principal	0.20	ABS-mortgage backed security	Long	USA
Dominican Republic International Bond	2.66 mm	2.80 mm principal	0.20	Debt	Long	Dominican Republic
OBX 2024-HYB2 Trust	2.64 mm	2.71 mm principal	0.20	ABS-mortgage backed security	Long	USA
Standard Industries Inc/NY	2.63 mm	2.60 mm principal	0.20	Debt	Long	USA
VICI Properties LP	2.62 mm	2.60 mm principal	0.20	Debt	Long	USA
Tierra Mojada Luxembourg II Sarl	2.62 mm	2.86 mm principal	0.20	Debt	Long	Luxembourg
Hertz Vehicle Financing III LLC	2.62 mm	2.60 mm principal	0.20	ABS-other	Long	USA
PRPM 2024-NQM3	2.61 mm	2.64 mm principal	0.20	ABS-mortgage backed security	Long	USA
SMB Private Education Loan Trust 2024-D	2.58 mm	2.56 mm principal	0.20	ABS-other	Long	USA
AMT American Tower Corporation	2.58 mm	2.50 mm principal	0.20	Debt	Long	USA
GS The Goldman Sachs Group, Inc. PFD 1/1000 C	2.55 mm	2.50 mm principal	0.19	Debt	Long	USA
Altice France SA	2.54 mm	3.25 mm principal	0.19	Debt	Long	France
Abertis Infraestructuras SA	2.54 mm	2.10 mm principal	0.19	Debt	Long	Spain
Broadcom Pte. Ltd.	2.53 mm	3.10 mm principal	0.19	Debt	Long	USA
Yinson Boronia Production BV	2.53 mm	2.42 mm principal	0.19	Debt	Long	Netherlands
Hilton Domestic Operating Co Inc	2.52 mm	2.90 mm principal	0.19	Debt	Long	USA
Nigeria Government International Bonds	2.52 mm	2.80 mm principal	0.19	Debt	Long	Nigeria
Ford Motor Credit Co LLC	2.51 mm	2.90 mm principal	0.19	Debt	Long	USA
HCA Inc	2.51 mm	2.50 mm principal	0.19	Debt	Long	USA
Atlas Senior Loan Fund XV Ltd	2.50 mm	2.50 mm principal	0.19	ABS-collateralized bond/debt obligation	Long	Cayman Islands
ACHV ABS Trust 2024-3AL	2.50 mm	2.50 mm principal	0.19	ABS-other	Long	USA
PURCHASED USD / SOLD EUR HSBC Bank PLC	2.50 mm	1.00 contracts	0.19	DFE	N/A	USA
PRPM 2023-NQM2 Trust	2.50 mm	2.48 mm principal	0.19	ABS-mortgage backed security	Long	USA
Venture Global Calcasieu Pass LLC	2.48 mm	2.70 mm principal	0.19	Debt	Long	USA
Kinder Morgan Energy Partners L P	2.47 mm	2.38 mm principal	0.19	Debt	Long	USA
Alternative Loan Trust 2007-AL1	2.46 mm	3.02 mm principal	0.19	ABS-mortgage backed security	Long	USA
Towd Point Mortgage Trust 2017-2	2.45 mm	2.50 mm principal	0.19	ABS-mortgage backed security	Long	USA
Mexico Government International Bonds	2.45 mm	2.60 mm principal	0.19	Debt	Long	Mexico
Aircastle Ltd	2.40 mm	2.40 mm principal	0.18	Debt	Long	Bermuda
Towd Point Mortgage Trust 2015-4	2.39 mm	2.50 mm principal	0.18	ABS-mortgage backed security	Long	USA
1011778 BC Unlimited Liability Company 2024 Term Loan B6	2.37 mm	2.39 mm principal	0.18	Loan	Long	Canada
BA The Boeing Company	2.37 mm	2.40 mm principal	0.18	Debt	Long	USA
Oman Government International Bond	2.36 mm	2.30 mm principal	0.18	Debt	Long	Oman
BBVA Banco Bilbao Vizcaya Argentaria, S.A.	2.35 mm	2.30 mm principal	0.18	Debt	Long	Spain
BlueMountain CLO 2016-3 Ltd	2.35 mm	2.34 mm principal	0.18	ABS-collateralized bond/debt obligation	Long	Cayman Islands
HAT Holdings I LLC / HAT Holdings II LLC	2.34 mm	2.25 mm principal	0.18	Debt	Long	USA
Coty Inc/HFC Prestige Products Inc/HFC Prestige International US LLC	2.33 mm	2.30 mm principal	0.18	Debt	Long	USA
Cross 2024-H6 Mortgage Trust	2.33 mm	2.35 mm principal	0.18	ABS-mortgage backed security	Long	USA
El Salvador Government International Bond	2.33 mm	2.20 mm principal	0.18	Debt	Long	El Salvador
Magnetite XII Ltd	2.28 mm	2.28 mm principal	0.17	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Raven Acquisition Holdings LLC	2.28 mm	2.30 mm principal	0.17	Debt	Long	USA
Neuberger Berman CLO XIV Ltd	2.27 mm	2.26 mm principal	0.17	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Verus Securitization Trust 2023-7	2.26 mm	2.23 mm principal	0.17	ABS-mortgage backed security	Long	USA
Pakistan Government International Bonds	2.26 mm	2.40 mm principal	0.17	Debt	Long	Pakistan
Benchmark 2024-V12 Mortgage Trust	2.26 mm	2.20 mm principal	0.17	ABS-mortgage backed security	Long	USA
STEPSTONE GROUP M 2 GMBH THE EUR TERM LOAN B	2.25 mm	2.20 mm principal	0.17	Loan	Long	Germany
Venture Global LNG Inc	2.23 mm	2.20 mm principal	0.17	Debt	Long	USA
Noble Finance II LLC	2.22 mm	2.20 mm principal	0.17	Debt	Long	USA
Duke Energy Corp	2.21 mm	2.10 mm principal	0.17	Debt	Long	USA
Venture Global LNG Inc	2.21 mm	2.00 mm principal	0.17	Debt	Long	USA
OKE ONEOK, Inc.	2.20 mm	2.30 mm principal	0.17	Debt	Long	USA
Fannie Mae REMICS	2.19 mm	2.19 mm principal	0.17	ABS-mortgage backed security	Long	USA
Freddie Mac REMICS	2.19 mm	2.19 mm principal	0.17	ABS-mortgage backed security	Long	USA
Bank Gospodarstwa Krajowego	2.19 mm	2.20 mm principal	0.17	Debt	Long	Poland
PPWLM Pacificorp	2.19 mm	2.20 mm principal	0.17	Debt	Long	USA
SMB Private Education Loan Trust 2024-D	2.18 mm	2.18 mm principal	0.17	ABS-other	Long	USA
Sartorius Finance BV	2.18 mm	2.00 mm principal	0.17	Debt	Long	Netherlands
Towd Point Mortgage Trust 2024-4	2.18 mm	2.24 mm principal	0.17	ABS-mortgage backed security	Long	USA
CCO Holdings LLC / CCO Holdings Capital Corp	2.18 mm	2.50 mm principal	0.17	Debt	Long	USA
Pagaya AI Debt Trust 2024-3	2.15 mm	2.14 mm principal	0.16	ABS-other	Long	USA
RCKT Mortgage Trust 2024-CES4	2.15 mm	2.13 mm principal	0.16	ABS-mortgage backed security	Long	USA
Bayer US Finance LLC	2.14 mm	2.10 mm principal	0.16	Debt	Long	USA
OneMain Financial Issuance Trust 2023-2	2.14 mm	2.10 mm principal	0.16	ABS-other	Long	USA
BA The Boeing Company	2.13 mm	2.00 mm principal	0.16	Debt	Long	USA
Endure Digital Inc Term Loan	2.12 mm	2.59 mm principal	0.16	Loan	Long	USA
OBX 2023-NQM8 Trust	2.11 mm	2.08 mm principal	0.16	ABS-mortgage backed security	Long	USA
Freedom Mortgage Corp	2.11 mm	2.10 mm principal	0.16	Debt	Long	USA
BMO 2024-5C8 Mortgage Trust	2.10 mm	2.10 mm principal	0.16	ABS-mortgage backed security	Long	USA
Boost Newco Borrower LLC	2.10 mm	2.00 mm principal	0.16	Debt	Long	USA
Brazil Government International Bonds	2.08 mm	2.25 mm principal	0.16	Debt	Long	Brazil
Exeter Automobile Receivables Trust 2024-5	2.08 mm	2.10 mm principal	0.16	ABS-other	Long	USA
GLS Auto Select Receivables Trust 2023-2	2.07 mm	2.00 mm principal	0.16	ABS-other	Long	USA
Petroleos Mexicanos	2.03 mm	2.40 mm principal	0.15	Debt	Long	Mexico
OneMain Finance Corp	2.02 mm	2.00 mm principal	0.15	Debt	Long	USA
Medline Borrower LP/Medline Co-Issuer Inc	2.02 mm	2.00 mm principal	0.15	Debt	Long	USA
OneMain Direct Auto Receivables Trust 2023-1	2.02 mm	2.00 mm principal	0.15	ABS-other	Long	USA
PCG+A Pacific Gas & Electric Co.	2.02 mm	2.70 mm principal	0.15	Debt	Long	USA
Abu Dhabi Government International Bond	2.02 mm	3.70 mm principal	0.15	Debt	Long	United Arab Emirates
Avolon Holdings Funding Ltd	2.02 mm	2.17 mm principal	0.15	Debt	Long	Cayman Islands
ZF Europe Finance BV	2.01 mm	2.00 mm principal	0.15	Debt	Long	Netherlands
JPMorgan Chase & Co	2.01 mm	2.00 mm principal	0.15	Debt	Long	USA
Setanta Aircraft Leasing Designated Activity Company 2024 Term Loan B	2.01 mm	2.00 mm principal	0.15	Loan	Long	Ireland
Woodside Finance Ltd	2.00 mm	2.10 mm principal	0.15	Debt	Long	Australia
Petroleos Mexicanos	1.99 mm	2.90 mm principal	0.15	Debt	Long	Mexico
Chile Government International Bond	1.99 mm	1.90 mm principal	0.15	Debt	Long	Chile
Morgan Stanley	1.99 mm	2.00 mm principal	0.15	Debt	Long	USA
National Bank of Hungary Bill	1.98 mm	789.00 mm principal	0.15	Short-term investment vehicle	Long	Hungary
BPCE SA	1.98 mm	2.00 mm principal	0.15	Debt	Long	France
JPMorgan Chase & Co	1.98 mm	2.00 mm principal	0.15	Debt	Long	USA
ZF Finance GmbH	1.97 mm	2.00 mm principal	0.15	Debt	Long	Germany
Panama Infrastructure Receivable Purchaser PLC	1.96 mm	2.90 mm principal	0.15	Debt	Long	UK
Israel Government Bonds - Fixed	1.96 mm	7.20 mm principal	0.15	Debt	Long	Israel
BAMLL Commercial Mortgage Securities Trust 2020-BOC	1.96 mm	2.35 mm principal	0.15	ABS-mortgage backed security	Long	USA
Jane Street Group / JSG Finance Inc	1.95 mm	1.90 mm principal	0.15	Debt	Long	USA