Strategic Advisers Short Duration Fund

Fund Profile

Fund profile

Tickers

FAUDX

Fund manager

Fidelity Rutland Square Trust II

Total assets

$4.57 bn

Liabilities

$170.98 mm

Net assets

$4.40 bn

Number of holdings

1.22 k

Top 200 of 1217 Holdings

As of Nov 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
PIMCO Short-Term Instl	510.36 mm	52.83 mm shares	11.61	Common equity	Long	USA
BBLB J.P. Morgan Exchange - Traded Fund Trust - Betabuilders U S Treasury Bond 20+ Year Etf	466.62 mm	9.22 mm shares	10.61	Common equity	Long	USA
Baird Ultra Short Bond Institutional	381.29 mm	37.64 mm shares	8.67	Common equity	Long	USA
T. Rowe Price Ultra Short-Term Bond	325.31 mm	64.16 mm shares	7.40	Common equity	Long	USA
Morgan Stanley Instl Ultr-Shrt Inc IR	247.21 mm	24.75 mm shares	5.62	Common equity	Long	USA
Baird Short-Term Bond Inst	167.90 mm	17.69 mm shares	3.82	Common equity	Long	USA
USRT iShares Core U.S. REIT ETF	144.32 mm	2.85 mm shares	3.28	Common equity	Long	USA
Fidelity Securities Lending Cash Central Fund	141.03 mm	141.02 mm shares	3.21	Short-term investment vehicle	Long	USA
UST NOTES 4.5% 11/15/2025	120.86 mm	120.73 mm principal	2.75	Debt	Long	USA
iShares 1-3 Year Treasury Bond ETF	115.42 mm	1.40 mm shares	2.63	Common equity	Long	USA
FIDELITY SAI SHORT-TERM BOND FUND	84.95 mm	8.75 mm shares	1.93	Common equity	Long	USA
FIMM MM Government Portfolio - Instl Cl	82.24 mm	82.24 mm shares	1.87	Common equity	Long	USA
UST BILLS 0% 11/28/2025	70.11 mm	73.12 mm principal	1.59	Debt	Long	USA
UST NOTES 3.5% 09/30/2026	67.16 mm	68.01 mm principal	1.53	Debt	Long	USA
UST NOTES 4.125% 10/31/2026	51.00 mm	51.08 mm principal	1.16	Debt	Long	USA
UST NOTES 3.75% 08/31/2026	42.05 mm	42.39 mm principal	0.96	Debt	Long	USA
UST NOTES 4.375% 07/31/2026	41.90 mm	41.82 mm principal	0.95	Debt	Long	USA
UST BILLS 0% 03/13/2025	29.63 mm	30.00 mm principal	0.67	Debt	Long	USA
UST BILLS 0% 01/02/2025	24.90 mm	25.00 mm principal	0.57	Debt	Long	USA
UST BILLS 0% 04/03/2025	24.63 mm	25.00 mm principal	0.56	Debt	Long	USA
UST NOTES 5% 10/31/2025	22.12 mm	22.00 mm principal	0.50	Debt	Long	USA
CITIGROUP INC FRN SOFR+69.4 01/25/2026	10.01 mm	10.00 mm principal	0.23	Debt	Long	USA
DAIMLER TRUCKS FINANCE NORTH AMERICA LLC 1.625% 12/13/2024 144A	9.06 mm	9.07 mm principal	0.21	Debt	Long	USA
AXP American Express Company	8.01 mm	8.00 mm principal	0.18	Debt	Long	USA
CANADIAN PAC RY CO 1.35% 12/02/2024	7.74 mm	7.74 mm principal	0.18	Debt	Long	Canada
PROTECTIVE LIFE GLOBAL FUNDING FRN SOFR+98 03/28/2025 144A	7.52 mm	7.50 mm principal	0.17	Debt	Long	USA
BMW US CAPITAL LLC FRN SOFRINDX+84 04/01/2025 144A	7.51 mm	7.50 mm principal	0.17	Debt	Long	USA
State Street Instl US Govt MMkt Premier	7.06 mm	7.06 mm shares	0.16	Common equity	Long	USA
Fidelity Cash Central Fund	6.82 mm	6.81 mm shares	0.16	Short-term investment vehicle	Long	USA
ATHENE GLOBAL FUNDING 5.684% 02/23/2026 144A	6.37 mm	6.32 mm principal	0.14	Debt	Long	USA
WELLS FARGO and CO NEW FRN SOFR+132 04/25/2026	6.02 mm	6.00 mm principal	0.14	Debt	Long	USA
CRBG Corebridge Financial, Inc.	5.87 mm	5.90 mm principal	0.13	Debt	Long	USA
DANSKE BANK AS (UNGTD) 6.259%/VAR 09/22/2026 144A	5.76 mm	5.70 mm principal	0.13	Debt	Long	Denmark
HCA INC 5.875% 02/15/2026	5.71 mm	5.67 mm principal	0.13	Debt	Long	USA
VOLKSWAGEN GROUP AMER FIN LLC 5.8% 09/12/2025 144A	5.70 mm	5.66 mm principal	0.13	Debt	Long	USA
HSBC HSBC Holdings plc	5.42 mm	5.50 mm principal	0.12	Debt	Long	UK
BANK OF AMERICA CORPORATION 3.384%/VAR 04/02/2026	5.42 mm	5.45 mm principal	0.12	Debt	Long	USA
DANSKE BANK AS (UNGTD) 6.466%/VAR 01/09/2026 144A	5.27 mm	5.26 mm principal	0.12	Debt	Long	Denmark
BCS Barclays PLC	5.25 mm	5.30 mm principal	0.12	Debt	Long	UK
T-MOBILE USA INC 3.5% 04/15/2025	5.12 mm	5.15 mm principal	0.12	Debt	Long	USA
RABOBANK NEDERLAND NY BRH 4.333% 08/28/2026	5.09 mm	5.10 mm principal	0.12	Debt	Long	USA
HSBC HSBC Holdings plc	5.07 mm	5.10 mm principal	0.12	Debt	Long	UK
CITIBANK NA 5.438% 04/30/2026	5.05 mm	5.00 mm principal	0.11	Debt	Long	USA
BANK OF MONTREAL QUE 5.92% 09/25/2025	5.05 mm	5.00 mm principal	0.11	Debt	Long	Canada
SYMPHONY CLO XXIII LTD TSFR3M+128.161 01/15/2034 144A	5.03 mm	5.02 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
HYUNDAI CAP AMER 5.8% 06/26/2025 144A	5.02 mm	5.00 mm principal	0.11	Debt	Long	USA
JPMORGAN CHASE and CO FRN SOFR+132 04/26/2026	5.02 mm	5.00 mm principal	0.11	Debt	Long	USA
MFG Mizuho Financial Group, Inc.	5.02 mm	5.00 mm principal	0.11	Debt	Long	Japan
CANADIAN IMPERIAL BK OF COMM FRN SOFRINDX+94 04/07/2025	5.01 mm	5.00 mm principal	0.11	Debt	Long	Canada
UBS AG STAMFORD BRH FRN SOFRINDX+126 02/21/2025	5.01 mm	5.00 mm principal	0.11	Debt	Long	USA
JPMORGAN CHASE and CO 5.546%/VAR 12/15/2025	5.00 mm	5.00 mm principal	0.11	Debt	Long	USA
MERCEDES-BENZ FINANCE NORTH AMERICA LLC 4.95% 03/30/2025 144A	5.00 mm	5.00 mm principal	0.11	Debt	Long	USA
RAI Reynolds American Inc	4.99 mm	5.00 mm principal	0.11	Debt	Long	USA
SANTANDER HLDGS USA INC 4.5% 07/17/2025	4.98 mm	5.00 mm principal	0.11	Debt	Long	USA
D Dominion Energy, Inc.	4.98 mm	5.00 mm principal	0.11	Debt	Long	USA
DISCOVER CARD EXECUTION NT TR 1.96% 02/15/2027	4.97 mm	5.00 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	USA
FNMA 30YR 5% 09/01/2053#FS8870	4.96 mm	5.03 mm principal	0.11	ABS-mortgage backed security	Long	USA
FHLG 30YR 4.5% 09/01/2052#SD8245	4.69 mm	4.88 mm principal	0.11	ABS-mortgage backed security	Long	USA
MORGAN STANLEY 4.679%/VAR 07/17/2026	4.69 mm	4.70 mm principal	0.11	Debt	Long	USA
ENEL FINANCE INTL NV STEP 07/12/2026 144A	4.57 mm	4.81 mm principal	0.10	Debt	Long	Netherlands
MS Morgan Stanley	4.55 mm	4.60 mm principal	0.10	Debt	Long	USA
UBS GROUP AG 4.488%/VAR 05/12/2026 144A	4.46 mm	4.47 mm principal	0.10	Debt	Long	Switzerland
BANK OF AMERICA CORPORATION 1.319%/VAR 06/19/2026	4.41 mm	4.50 mm principal	0.10	Debt	Long	USA
ARES 15-2A AR3 CLO LTD TSFR3M+132 04/17/2033 144A	4.40 mm	4.39 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Cayman Islands
BANK OF AMERICA CORPORATION 2.015%/VAR 02/13/2026	4.37 mm	4.40 mm principal	0.10	Debt	Long	USA
BPCE SA 1.652%/VAR 10/06/2026 144A	4.37 mm	4.50 mm principal	0.10	Debt	Long	France
NATWEST MARKETS PLC FRN SOFR+145 03/22/2025 144A	4.26 mm	4.25 mm principal	0.10	Debt	Long	UK
Credit Suisse Group AG	4.24 mm	4.30 mm principal	0.10	Debt	Long	Switzerland
BCS Barclays PLC	4.23 mm	4.14 mm principal	0.10	Debt	Long	UK
SANTANDER DRIVE AUTO RECEIVABLES TRUST 2021-3 E 2.7% 10/16/2028 144A	4.19 mm	4.30 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	USA
PCG+A Pacific Gas & Electric Co.	4.11 mm	4.10 mm principal	0.09	Debt	Long	USA
ENEL FINANCE INTL NV STEP 10/14/2025 144A	4.10 mm	4.03 mm principal	0.09	Debt	Long	Netherlands
HYUNDAI AUTO LEASE SECURITIZATION TRUST 2023-C 5.8% 12/15/2026 144A	4.04 mm	4.00 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	USA
SANTANDER DRIVE AUTO RECEIVABLES TR 2021-1 E 2.51% 12/15/2028	4.02 mm	4.10 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	USA
PNC The PNC Financial Services Group, Inc.	4.02 mm	4.02 mm principal	0.09	Debt	Long	USA
TORONTO DOMINION BANK FRN SOFR+48 10/10/2025	4.02 mm	4.00 mm principal	0.09	Debt	Long	Canada
VOYA CLO 2019-2 LLC TSFR3M+120 07/20/2032 144A	4.01 mm	4.00 mm principal	0.09	ABS-mortgage backed security	Long	Cayman Islands
GENERAL MTRS FINL CO INC 3.8% 04/07/2025	3.98 mm	4.00 mm principal	0.09	Debt	Long	USA
ORCL Oracle Corporation	3.97 mm	4.00 mm principal	0.09	Debt	Long	USA
HINKF Heineken N V	3.89 mm	4.00 mm principal	0.09	Debt	Long	Netherlands
COF Capital One Financial Corporation	3.88 mm	3.89 mm principal	0.09	Debt	Long	USA
FHLG 30YR 4.5% 10/01/2052#SD8257	3.85 mm	4.00 mm principal	0.09	ABS-mortgage backed security	Long	USA
FNMA 30YR 5% 10/01/2053#CB7235	3.85 mm	3.91 mm principal	0.09	ABS-mortgage backed security	Long	USA
JPMORGAN CHASE and CO 2.083%/VAR 04/22/2026	3.83 mm	3.87 mm principal	0.09	Debt	Long	USA
HCA INC 5.375% 02/01/2025	3.57 mm	3.58 mm principal	0.08	Debt	Long	USA
BPR TRUST 2021-TY TSFR1M+174.77 04/15/2024 144A	3.55 mm	3.53 mm principal	0.08	ABS-mortgage backed security	Long	USA
ROYAL BANK OF CANADA 5.069%/VAR 07/23/2027	3.52 mm	3.50 mm principal	0.08	Debt	Long	Canada
SANTANDER DRIVE AUTO RECEIVABLES TR 2021-4 E 4.03% 03/15/2029 144A	3.45 mm	3.50 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	USA
US BANCORP DEL 5.727%/VAR 10/21/2026	3.44 mm	3.42 mm principal	0.08	Debt	Long	USA
T-MOBILE USA INC 2.625% 04/15/2026	3.36 mm	3.46 mm principal	0.08	Debt	Long	USA
ATHENE GLOBAL FUNDING 5.62% 05/08/2026 144A	3.13 mm	3.10 mm principal	0.07	Debt	Long	USA
DNB BANK ASA 5.896%/VAR 10/09/2026 144A	3.12 mm	3.10 mm principal	0.07	Debt	Long	Norway
WELLS FARGO and CO NEW 3.196%/VAR 06/17/2027	3.12 mm	3.20 mm principal	0.07	Debt	Long	USA
GOLDMAN SACHS BANK USA 5.283%/VAR 03/18/2027	3.12 mm	3.10 mm principal	0.07	Debt	Long	USA
SYMPHONY CLO XXI LTD 21A AR TSFR3M+132.161 07/15/2032 144A	3.11 mm	3.11 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	Cayman Islands
DEUTSCHE BANK AG NEW YORK BNCH 2.129%/VAR 11/24/2026	3.11 mm	3.20 mm principal	0.07	Debt	Long	USA
ROYAL BANK OF CANADA FRN SOFRINDX+72 10/18/2027	3.10 mm	3.10 mm principal	0.07	Debt	Long	Canada
TOYOTA MOTOR CREDIT CORP FRN SOFRINDX+45 04/10/2026	3.10 mm	3.10 mm principal	0.07	Debt	Long	USA
DEUTSCHE BANK AG NEW YORK BNCH 7.146%/VAR 07/13/2027	3.10 mm	3.00 mm principal	0.07	Debt	Long	USA
TRANSCONTINENTAL GAS LINE LLC 7.85% 02/01/2026	3.08 mm	3.00 mm principal	0.07	Debt	Long	USA
NWG NatWest Group plc	3.07 mm	3.00 mm principal	0.07	Debt	Long	UK
BANK OF MONTREAL QUE 0.949%/VAR 01/22/2027	3.06 mm	3.20 mm principal	0.07	Debt	Long	Canada
JPMORGAN CHASE and CO 1.578%/VAR 04/22/2027	3.06 mm	3.20 mm principal	0.07	Debt	Long	USA
TRUIST FINANCIAL CORP 6.047%/VAR 06/08/2027	3.05 mm	3.00 mm principal	0.07	Debt	Long	USA
TOYOTA MOTOR CREDIT CORP FRN SOFR+77 08/07/2026	3.05 mm	3.03 mm principal	0.07	Debt	Long	USA
DELL INTL/EMC CORP 6.02% 06/15/2026	3.05 mm	3.00 mm principal	0.07	Debt	Long	USA
MORGAN STANLEY 6.138%/VAR 10/16/2026	3.03 mm	3.00 mm principal	0.07	Debt	Long	USA
CCI Crown Castle Inc.	3.03 mm	3.10 mm principal	0.07	Debt	Long	USA
BMW US CAPITAL LLC FRN SOFRINDX+80 08/13/2026 144A	3.02 mm	3.00 mm principal	0.07	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	3.02 mm	3.00 mm principal	0.07	Debt	Long	USA
WELLS FARGO BK NATL ASSN 5.55% 08/01/2025	3.02 mm	3.00 mm principal	0.07	Debt	Long	USA
CITIBANK NA 4.929% 08/06/2026	3.02 mm	3.00 mm principal	0.07	Debt	Long	USA
NISSAN MASTER OWNER TR RECEIVABLES SOFR30A+190 02/15/2028 144A	3.01 mm	3.00 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	USA
ALLY Ally Financial Inc.	3.01 mm	3.00 mm principal	0.07	Debt	Long	USA
BCS Barclays PLC	3.01 mm	3.00 mm principal	0.07	Debt	Long	UK
AMGN Amgen Inc.	3.00 mm	3.00 mm principal	0.07	Debt	Long	USA
AMERICAN HONDA FINANCE CORP FRN SOFR+45 06/13/2025	3.00 mm	3.00 mm principal	0.07	Debt	Long	USA
MORGAN STANLEY BK NA SALT LAKE FRN SOFR+68.5 10/15/2027	3.00 mm	3.00 mm principal	0.07	Debt	Long	USA
MPLX MPLX LP	3.00 mm	3.00 mm principal	0.07	Debt	Long	USA
COMMONWEALTH BANK AUSTRALIA FRN SOFR+46 11/27/2026 144A	3.00 mm	3.00 mm principal	0.07	Debt	Long	Australia
MPC Marathon Petroleum Corporation	3.00 mm	3.00 mm principal	0.07	Debt	Long	USA
BA The Boeing Company	3.00 mm	3.00 mm principal	0.07	Debt	Long	USA
MERCEDES-BENZ AUTO LEASE TRUST 2024-A 5.44% 02/16/2027	2.99 mm	2.98 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	USA
RPAI Retail Properties of America, Inc.	2.99 mm	3.00 mm principal	0.07	Debt	Long	USA
CPGX Columbia Pipeline Group Inc	2.99 mm	3.00 mm principal	0.07	Debt	Long	USA
PSX Phillips 66	2.99 mm	3.00 mm principal	0.07	Debt	Long	USA
WARNERMEDIA HOLDINGS INC 3.638% 03/15/2025	2.99 mm	3.00 mm principal	0.07	Debt	Long	USA
DLTR Dollar Tree, Inc.	2.99 mm	3.00 mm principal	0.07	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	2.98 mm	3.10 mm principal	0.07	Debt	Long	USA
MORGAN STANLEY CAP I TR 2018-BOP A TSFR1M+89.7 06/15/2035 144A	2.98 mm	3.65 mm principal	0.07	ABS-mortgage backed security	Long	USA
BANK OF AMERICA CORPORATION 1.658%/VAR 03/11/2027	2.98 mm	3.10 mm principal	0.07	Debt	Long	USA
CONSTELLATION ENERGY GENERATION LLC 3.25% 06/01/2025	2.97 mm	3.00 mm principal	0.07	Debt	Long	USA
MO Altria Group, Inc.	2.97 mm	3.00 mm principal	0.07	Debt	Long	USA
VOLKSWAGEN GROUP AMER FIN LLC FRN SOFR+106 08/14/2026 144A	2.96 mm	2.96 mm principal	0.07	Debt	Long	USA
ATHENE GLOBAL FUNDING 4.86% 08/27/2026 144A	2.88 mm	2.89 mm principal	0.07	Debt	Long	USA
BAT INTL FINANCE PLC 1.668% 03/25/2026	2.87 mm	2.99 mm principal	0.07	Debt	Long	UK
CNH INDUSTRIAL CAPITAL LLC 5.45% 10/14/2025	2.82 mm	2.80 mm principal	0.06	Debt	Long	USA
WELLS FARGO and CO NEW 2.188%/VAR 04/30/2026	2.81 mm	2.84 mm principal	0.06	Debt	Long	USA
FLATIRON CLO 28 LTD/LLC 2024-1A A1 TSFR3M+132 07/15/2036 144A	2.81 mm	2.80 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	Cayman Islands
LIFE FINANCIAL SERVICES TRUST 2022 TSFR1M+129.524 05/15/2039 144A	2.80 mm	2.87 mm principal	0.06	ABS-mortgage backed security	Long	USA
BANK OF MONTREAL QUE 4.567%/VAR 09/10/2027	2.80 mm	2.80 mm principal	0.06	Debt	Long	Canada
JOHN DEERE OWNER TRUST 2024 5.19% 02/16/2027	2.78 mm	2.77 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
AFFIRM ASSET SECURITIZATION TRUST 2024-X2 5.22% 12/17/2029 144A	2.72 mm	2.72 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
BA The Boeing Company	2.70 mm	2.80 mm principal	0.06	Debt	Long	USA
AXP American Express Company	2.69 mm	2.65 mm principal	0.06	Debt	Long	USA
ENTERPRISE FLEET FINANCING 2024-4 LLC 4.69% 07/20/2027 144A	2.60 mm	2.60 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
GMF FLOORPLAN OWNER REVOLVING TR 4.68% 11/15/2028 144A	2.60 mm	2.60 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
PCG+A Pacific Gas & Electric Co.	2.60 mm	2.65 mm principal	0.06	Debt	Long	USA
VOLKSWAGEN AUTO LOAN ENHANCED TRUST 2024-1 4.65% 11/22/2027	2.57 mm	2.57 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
CAPITAL ONE PRIME AUTO RECEIVABLES TR 2024-1 4.61% 10/15/2027	2.57 mm	2.57 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
HSBC HSBC Holdings plc	2.57 mm	2.60 mm principal	0.06	Debt	Long	UK
ATHENE GLOBAL FUNDING 1.608% 06/29/2026 144A	2.57 mm	2.70 mm principal	0.06	Debt	Long	USA
ENTERPRISE FLEET FINANCING LLC 2024-1 5.23% 03/20/2030 144A	2.55 mm	2.53 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
ELP COMMERCIAL MORTGAGE TRUST 2021-ELP TSFR1M+81.548 1 11/15/2036 144A	2.54 mm	2.55 mm principal	0.06	ABS-mortgage backed security	Long	USA
STT State Street Corporation	2.54 mm	2.55 mm principal	0.06	Debt	Long	USA
NXP B V/NXP FDG LLC/NXP USA INC 3.875% 06/18/2026	2.53 mm	2.57 mm principal	0.06	Debt	Long	Netherlands
NEUBERGER BERMAN LN ADVISERS NBLA CLO 50 LTD / NEUBERGER BERMAN LN TSFR3M+125 07/23/2036 144A	2.52 mm	2.52 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	Jersey
GENERAL MTRS FINL CO INC 5.4% 04/06/2026	2.51 mm	2.50 mm principal	0.06	Debt	Long	USA
JUNIPER VALLEY PARK CLO LLC TSFR3M+125 07/20/2036 144A	2.51 mm	2.50 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
BUCKHORN PARK CLO LTD TSFR3M+107 07/18/2034 144A	2.50 mm	2.50 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	Cayman Islands
BRUNSWICK CORP CP 0% 12/02/2024	2.47 mm	2.47 mm principal	0.06	Debt	Long	USA
CONAGRA BRANDS INC CP 0% 12/10/2024	2.47 mm	2.47 mm principal	0.06	Debt	Long	USA
CONSTELLATION BRANDS INC CP 0% 12/10/2024	2.46 mm	2.47 mm principal	0.06	Debt	Long	USA
CROWN CASTLE INC CP 0% 12/03/2024	2.45 mm	2.46 mm principal	0.06	Debt	Long	USA
CHASE AUTO OWNER TRUST 5.25% 09/27/2027 144A	2.45 mm	2.44 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
TIAA CLO I LTD TSFR3M+125 07/20/2031 144A	2.45 mm	2.44 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FMC CORP CP 0% 12/23/2024	2.44 mm	2.44 mm principal	0.06	Debt	Long	USA
DAIMLER TRUCKS RETAIL TRUST 2024-1 5.6% 04/15/2026	2.43 mm	2.42 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	USA
MAGNETITE XXII LTD 2019-22A ARR TSFR3M+125 07/15/2036 144A	2.41 mm	2.41 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Cayman Islands
HARDEES FDG LLC / CARLS JR FDG LLC 3.981% 12/20/2050 144A	2.40 mm	2.56 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
ATHENE GLOBAL FUNDING 1.716% 01/07/2025 144A	2.40 mm	2.40 mm principal	0.05	Debt	Long	USA
NORTHWOODS CAPITAL XIV-B LTD TSFR3M+125 11/13/2031 144A	2.39 mm	2.39 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Cayman Islands
HONDA AUTO RECEIVABLES 2024-2 OWNER TR 5.48% 11/18/2026	2.39 mm	2.38 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
CITIZENS AUTO RECEIVABLES TRUST 2024-2 5.54% 11/16/2026 144A	2.39 mm	2.38 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
DEERE JOHN CAPITAL CORP 4.9% 06/11/2027	2.39 mm	2.36 mm principal	0.05	Debt	Long	USA
CAPITAL ONE PRIME AUTO RECEIVABLES TRUST 2023-2 5.91% 10/15/2026	2.37 mm	2.36 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
WU The Western Union Company	2.36 mm	2.37 mm principal	0.05	Debt	Long	USA
OPG TR 2021-PORT TSFR1M+59.848 8 10/15/2036 144A	2.36 mm	2.37 mm principal	0.05	ABS-mortgage backed security	Long	USA
HPEFS EQIPMENT TR 2024-1 5.38% 05/20/2031 144A	2.35 mm	2.35 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
ORLY O'Reilly Automotive, Inc.	2.34 mm	2.30 mm principal	0.05	Debt	Long	USA
HD The Home Depot, Inc.	2.34 mm	2.34 mm principal	0.05	Debt	Long	USA
DRYDEN 68 CLO LTD TSFR3M+110 07/15/2035 144A	2.33 mm	2.33 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Cayman Islands
CARMAX AUTO OWNER TR 2024-2 5.65% 05/17/2027	2.33 mm	2.32 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
JOHN DEERE OWNER TR 2024-C A2B SOFR30A+43 08/16/2027	2.32 mm	2.32 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
TRINITAS CLO VI LTD / TRINITAS CLO VI LLC TSFR3M+133 01/25/2034 144A	2.32 mm	2.31 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Cayman Islands
AMERICAN HONDA FINANCE CORP 4.95% 01/09/2026	2.32 mm	2.31 mm principal	0.05	Debt	Long	USA
GM FINANCIAL LEASING TRUST 2024-1 5.18% 06/22/2026	2.32 mm	2.31 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
FORTRESS CREDIT BSL XV LTD 2022-2A AR TSFR3M+140 10/18/2033 144A	2.31 mm	2.31 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Jersey
RRX Regal Rexnord Corporation	2.29 mm	2.27 mm principal	0.05	Debt	Long	USA
WORLD OMNI SELECT AUTO TR 2024-A 5.37% 02/15/2028	2.27 mm	2.27 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
GM FINL CONSUMER AUTOMOBILE RECEIVABLES TR 2024-4 4.53% 10/18/2027	2.25 mm	2.25 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
HYUNDAI AUTO LEASE SECURITIZATION TRUST 2024-B 5.51% 10/15/2026 144A	2.24 mm	2.24 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
CATERPILLAR FINL SVCS CORP 4.6% 11/15/2027	2.21 mm	2.21 mm principal	0.05	Debt	Long	USA
SBA TOWER TR 4.831% 10/15/2029 144A	2.20 mm	2.25 mm principal	0.05	Debt	Long	USA
PENSKE TRUCK LEASING CO LP /CORP 5.75% 05/24/2026 144A	2.20 mm	2.17 mm principal	0.05	Debt	Long	USA
VERIZON MASTER TRUST 5.61% 09/08/2028	2.19 mm	2.18 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
HYUNDAI AUTO RECEIVABLES TRUST 2024-C 4.53% 09/15/2027	2.19 mm	2.19 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
ROST Ross Stores, Inc.	2.17 mm	2.17 mm principal	0.05	Debt	Long	USA
ALLY AUTO RECEIVABLES TRUST 2024-1 5.32% 01/15/2027	2.17 mm	2.17 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA
CARMAX AUTO OWNER TRUST 2024-3 5.21% 09/15/2027	2.17 mm	2.16 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	USA