Barings Active Short Duration Bond Fund

Fund Profile

Fund profile

Fund manager

Barings Funds Trust

Total assets

$1.22 bn

Liabilities

$18.42 mm

Net assets

$1.20 bn

Number of holdings

450.00

Top 200 of 450 Holdings

As of Sep 2021

Security	$Holding	Balance	% of Fund	Category	Position	Country
KREF	18.40 mm	18.40 mm principal	1.54	ABS-collateralized bond/debt obligation	Long	Cayman Islands
GS The Goldman Sachs Group, Inc.	16.17 mm	14.61 mm principal	1.35	Debt	Long	USA
FNA VI LLC	10.13 mm	10.14 mm principal	0.85	ABS-other	Long	USA
C Citigroup Inc.	8.83 mm	7.99 mm principal	0.74	Debt	Long	USA
Planet Fitness Master Issuer LLC	8.41 mm	8.18 mm principal	0.70	ABS-other	Long	USA
Shimao Group Holdings Ltd	8.09 mm	8.10 mm principal	0.68	Debt	Long	Cayman Islands
SREIT TRUST	7.99 mm	8.00 mm principal	0.67	ABS-mortgage backed security	Long	USA
Petroleos Mexicanos	7.98 mm	7.73 mm principal	0.67	Debt	Long	Mexico
Tower Bersama Infrastructure Tbk PT	7.72 mm	7.36 mm principal	0.65	Debt	Long	Indonesia
BPCE SA	7.51 mm	6.85 mm principal	0.63	Debt	Long	France
MS Morgan Stanley	7.39 mm	6.55 mm principal	0.62	Debt	Long	USA
OXY Occidental Petroleum Corporation	7.36 mm	6.65 mm principal	0.61	Debt	Long	USA
Affirm Asset Securitization Trust 2021-Z1	7.33 mm	7.32 mm principal	0.61	ABS-other	Long	USA
Extended Stay America Trust 2021-ESH	7.19 mm	7.16 mm principal	0.60	ABS-mortgage backed security	Long	USA
OBX 2021-NQM3 Trust	7.17 mm	7.18 mm principal	0.60	ABS-mortgage backed security	Long	USA
Li & Fung Ltd	7.12 mm	6.90 mm principal	0.59	Debt	Long	Bermuda
Bank of Nova Scotia/The	7.06 mm	6.29 mm principal	0.59	Debt	Long	Canada
Trafigura Securitisation Finance PLC 2021-1	7.05 mm	7.05 mm principal	0.59	ABS-other	Long	Ireland
Delta Air Lines Inc / SkyMiles IP Ltd	7.04 mm	6.58 mm principal	0.59	Debt	Long	XX
Cigna Corp	7.00 mm	7.00 mm shares	0.58	Short-term investment vehicle	Long	USA
KKR Industrial Portfolio Trust 2021-KDIP	6.90 mm	6.92 mm principal	0.58	ABS-mortgage backed security	Long	USA
MAT Mattel, Inc.	6.87 mm	6.66 mm principal	0.57	Debt	Long	USA
BCS Barclays PLC	6.74 mm	5.90 mm principal	0.56	Debt	Long	UK
Drive Auto Receivables Trust 2021-1	6.72 mm	6.69 mm principal	0.56	ABS-other	Long	USA
Ford Motor Credit Co LLC	6.71 mm	6.61 mm principal	0.56	Debt	Long	USA
ABN AMRO Bank NV	6.66 mm	6.01 mm principal	0.56	Debt	Long	Netherlands
Angel Oak Mortgage Trust 2021-3	6.65 mm	6.58 mm principal	0.56	ABS-mortgage backed security	Long	USA
Extended Stay America Trust 2021-ESH	6.51 mm	6.47 mm principal	0.54	ABS-mortgage backed security	Long	USA
Carvana Auto Receivables Trust 2021-N1	6.44 mm	6.44 mm principal	0.54	ABS-other	Long	USA
Service Properties Trust	6.39 mm	6.32 mm principal	0.53	Debt	Long	USA
Eastern & Southern African Trade & Development Bank/The	6.32 mm	6.00 mm principal	0.53	Debt	Long	XX
Oak Street Investment Grade Net Lease Fund Series 2021-1	6.31 mm	6.24 mm principal	0.53	ABS-other	Long	USA
Vale Overseas Ltd	6.29 mm	5.31 mm principal	0.53	Debt	Long	Cayman Islands
ENLK EnLink Midstream Partners LP	6.27 mm	6.04 mm principal	0.52	Debt	Long	USA
COMM 2020-SBX Mortgage Trust	6.22 mm	6.20 mm principal	0.52	ABS-mortgage backed security	Long	USA
Adani Ports & Special Economic Zone Ltd	6.13 mm	5.88 mm principal	0.51	Debt	Long	India
Severstal OAO Via Steel Capital SA	6.11 mm	5.88 mm principal	0.51	Debt	Long	Luxembourg
Bank of America Corp	6.09 mm	5.41 mm principal	0.51	Debt	Long	USA
STAR 2021-1 Trust	6.08 mm	6.09 mm principal	0.51	ABS-mortgage backed security	Long	USA
Baidu, Inc.	6.06 mm	6.14 mm principal	0.51	Debt	Long	Cayman Islands
BAT Capital Corp	6.04 mm	5.35 mm principal	0.50	Debt	Long	USA
Credit Suisse Mortgage Capital Certificates	6.04 mm	6.02 mm principal	0.50	ABS-mortgage backed security	Long	USA
Westlake Automobile Receivables Trust 2021-1	6.00 mm	6.00 mm principal	0.50	ABS-other	Long	USA
LVS Las Vegas Sands Corp.	6.00 mm	5.85 mm principal	0.50	Debt	Long	USA
MEGlobal Canada ULC	6.00 mm	5.45 mm principal	0.50	Debt	Long	Canada
Suncor Energy Inc	6.00 mm	6.00 mm principal	0.50	Short-term investment vehicle	Long	Canada
UBS Group AG	5.96 mm	5.40 mm principal	0.50	Debt	Long	Switzerland
Wens Foodstuffs Group Co Ltd	5.95 mm	6.48 mm principal	0.50	Debt	Long	China
Weir Group PLC/The	5.95 mm	5.90 mm principal	0.50	Debt	Long	UK
HCA Inc	5.95 mm	5.32 mm principal	0.50	Debt	Long	USA
Nissan Motor Acceptance Co LLC	5.86 mm	5.92 mm principal	0.49	Debt	Long	USA
Carvana Auto Receivables Trust 2021-P3	5.85 mm	5.91 mm principal	0.49	ABS-other	Long	USA
Avis Budget Rental Car Funding AESOP LLC	5.79 mm	5.60 mm principal	0.48	ABS-other	Long	USA
World Omni Select Auto Trust 2021-A	5.72 mm	5.75 mm principal	0.48	ABS-other	Long	USA
Triton Container International Ltd	5.70 mm	5.69 mm principal	0.48	Debt	Long	Bermuda
Country Garden Holdings Co Ltd	5.68 mm	5.50 mm principal	0.47	Debt	Long	Cayman Islands
College Ave Student Loans 2021-A LLC	5.67 mm	5.71 mm principal	0.47	ABS-other	Long	USA
UHS Universal Health Services, Inc.	5.65 mm	5.69 mm principal	0.47	Debt	Long	USA
Starwood Mortgage Residential Trust 2021-3	5.63 mm	5.58 mm principal	0.47	ABS-mortgage backed security	Long	USA
NLT 2021-INV2 Trust	5.59 mm	5.59 mm principal	0.47	ABS-mortgage backed security	Long	USA
BSREP Commercial Mortgage Trust 2021-DC	5.57 mm	5.57 mm principal	0.47	ABS-mortgage backed security	Long	USA
Host Hotels & Resorts LP	5.56 mm	5.31 mm principal	0.46	Debt	Long	USA
SBA Tower Trust	5.50 mm	5.30 mm principal	0.46	Debt	Long	USA
BX Commercial Mortgage Trust 2021-VOLT	5.50 mm	5.49 mm principal	0.46	ABS-mortgage backed security	Long	USA
Avolon Holdings Funding Ltd	5.41 mm	5.27 mm principal	0.45	Debt	Long	Cayman Islands
Hyundai Capital America	5.30 mm	5.36 mm principal	0.44	Debt	Long	USA
Westlake Automobile Receivables Trust 2021-1	5.26 mm	5.27 mm principal	0.44	ABS-other	Long	USA
AerCap Ireland Capital DAC / AerCap Global Aviation Trust	5.17 mm	4.96 mm principal	0.43	Debt	Long	Ireland
United States Treasury Note/Bond	5.05 mm	5.00 mm principal	0.42	Debt	Long	USA
Extended Stay America Trust 2021-ESH	5.02 mm	4.97 mm principal	0.42	ABS-mortgage backed security	Long	USA
AIMCO CLO 10 Ltd	5.00 mm	5.00 mm principal	0.42	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Suncor Energy Inc	5.00 mm	5.00 mm principal	0.42	Short-term investment vehicle	Long	USA
BX Commercial Mortgage Trust 2020-BXLP	5.00 mm	4.99 mm principal	0.42	ABS-mortgage backed security	Long	USA
BX Commercial Mortgage Trust 2021-SOAR	4.99 mm	4.98 mm principal	0.42	ABS-mortgage backed security	Long	USA
Blackstone Private Credit Fund	4.98 mm	5.00 mm principal	0.42	Debt	Long	USA
CSMC 2021-NQM2	4.96 mm	4.95 mm principal	0.41	ABS-mortgage backed security	Long	USA
Starvest Emerging Markets CBO I	4.94 mm	4.95 mm principal	0.41	ABS-mortgage backed security	Long	USA
Credit Suisse AG	4.94 mm	4.51 mm principal	0.41	Debt	Long	Switzerland
Flagstar Mortgage Trust	4.93 mm	4.90 mm principal	0.41	ABS-mortgage backed security	Long	USA
Aqua Finance Trust 2017-A	4.92 mm	4.92 mm principal	0.41	ABS-other	Long	USA
OGS ONE Gas, Inc.	4.91 mm	4.91 mm principal	0.41	Debt	Long	USA
DataBank Issuer	4.90 mm	4.91 mm principal	0.41	ABS-other	Long	USA
Neuberger Berman Loan Advisers CLO 25 Ltd	4.80 mm	4.80 mm principal	0.40	ABS-collateralized bond/debt obligation	Long	Cayman Islands
NewRez Warehouse Securitization Trust 2021-1	4.78 mm	4.78 mm principal	0.40	ABS-mortgage backed security	Long	USA
Morgan Stanley	4.78 mm	4.41 mm principal	0.40	Debt	Long	USA
LYG Lloyds Banking Group plc	4.77 mm	4.48 mm principal	0.40	Debt	Long	UK
ARCC Ares Capital Corporation	4.76 mm	4.46 mm principal	0.40	Debt	Long	USA
CNO CNO Financial Group, Inc.	4.75 mm	4.22 mm principal	0.40	Debt	Long	USA
Starwood Mortgage Residential Trust 2020-1	4.75 mm	4.70 mm principal	0.40	ABS-mortgage backed security	Long	USA
Structured Asset Investment Loan Trust 2004-11	4.66 mm	4.75 mm principal	0.39	ABS-other	Long	USA
Bacardi Ltd	4.62 mm	4.20 mm principal	0.39	Debt	Long	Bermuda
STACR Trust 2018-DNA2	4.60 mm	4.61 mm principal	0.38	ABS-mortgage backed security	Long	USA
ET+E Energy Transfer Operating, L.P.	4.58 mm	4.32 mm principal	0.38	Debt	Long	USA
Plains All American Pipeline LP / PAA Finance Corp	4.56 mm	4.12 mm principal	0.38	Debt	Long	USA
GM General Motors Company	4.52 mm	3.86 mm principal	0.38	Debt	Long	USA
Navient Private Education Refi Loan Trust 2020-B	4.52 mm	4.40 mm principal	0.38	ABS-other	Long	USA
Flatiron Clo 17 Ltd	4.50 mm	4.50 mm principal	0.38	ABS-collateralized bond/debt obligation	Long	Cayman Islands
MFRA TRUST	4.45 mm	4.45 mm principal	0.37	ABS-mortgage backed security	Long	USA
Cable Onda SA	4.42 mm	4.22 mm principal	0.37	Debt	Long	Panama
Contemporary Ruiding Development Ltd	4.30 mm	4.36 mm principal	0.36	Debt	Long	Virgin Islands (British)
Antares Holdings LP	4.29 mm	4.07 mm principal	0.36	Debt	Long	USA
Banco Santander SA	4.25 mm	4.20 mm principal	0.36	Debt	Long	Spain
QVC Inc	4.23 mm	4.06 mm principal	0.35	Debt	Long	USA
SMFG Sumitomo Mitsui Financial Group, Inc.	4.22 mm	4.04 mm principal	0.35	Debt	Long	Japan
MHC Commercial Mortgage Trust 2021-MHC	4.21 mm	4.20 mm principal	0.35	ABS-mortgage backed security	Long	USA
Imperial Brands Finance PLC	4.13 mm	3.93 mm principal	0.35	Debt	Long	UK
SoFi Consumer Loan Program 2020-1 Trust	4.09 mm	4.00 mm principal	0.34	ABS-other	Long	USA
Africa Finance Corp	4.06 mm	3.90 mm principal	0.34	Debt	Long	XX
PCG+A Pacific Gas & Electric Co.	4.06 mm	4.07 mm principal	0.34	Debt	Long	USA
SFD Smithfield Foods, Inc.	4.04 mm	3.70 mm principal	0.34	Debt	Long	USA
Credit Suisse Mortgage Capital Certificates 2019-ICE4	4.01 mm	4.00 mm principal	0.33	ABS-mortgage backed security	Long	USA
Benefit Street Partners CLO XVII Ltd	4.00 mm	4.00 mm principal	0.33	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Societe Generale SA	3.99 mm	4.04 mm principal	0.33	Debt	Long	France
Aircastle Ltd	3.99 mm	3.76 mm principal	0.33	Debt	Long	Bermuda
FirstKey Homes 2021-SFR1 Trust	3.99 mm	4.00 mm principal	0.33	ABS-other	Long	USA
Syngenta Finance NV	3.97 mm	3.80 mm principal	0.33	Debt	Long	Netherlands
Textainer Marine Containers Ltd	3.92 mm	3.97 mm principal	0.33	ABS-other	Long	USA
TCPC BlackRock TCP Capital Corp.	3.86 mm	3.63 mm principal	0.32	Debt	Long	USA
Penske Truck Leasing Co Lp / PTL Finance Corp	3.85 mm	3.84 mm principal	0.32	Debt	Long	USA
CarMax Auto Owner Trust	3.83 mm	3.85 mm principal	0.32	ABS-other	Long	USA
Enel Finance International NV	3.73 mm	3.75 mm principal	0.31	Debt	Long	Netherlands
Lazard Group LLC	3.70 mm	3.43 mm principal	0.31	Debt	Long	USA
Diamond Resorts Owner Trust 2021-1	3.63 mm	3.60 mm principal	0.30	ABS-other	Long	USA
Bank of America Corp	3.63 mm	3.34 mm principal	0.30	Debt	Long	USA
Athene Global Funding	3.61 mm	3.45 mm principal	0.30	Debt	Long	USA
Berry Global Inc	3.55 mm	3.60 mm principal	0.30	Debt	Long	USA
Simon Property Group LP	3.50 mm	3.54 mm principal	0.29	Debt	Long	USA
Icahn Enterprises LP / Icahn Enterprises Finance Corp	3.48 mm	3.35 mm principal	0.29	Debt	Long	USA
MAF Sukuk Ltd	3.47 mm	3.15 mm principal	0.29	Debt	Long	Cayman Islands
HSBC HSBC Holdings plc	3.46 mm	3.11 mm principal	0.29	Debt	Long	UK
NFX Newfield Exploration Co	3.46 mm	3.13 mm principal	0.29	Debt	Long	USA
Carvana Auto Receivables Trust	3.45 mm	3.45 mm principal	0.29	ABS-other	Long	USA
BX Commercial Mortgage Trust 2019-XL	3.43 mm	3.42 mm principal	0.29	ABS-mortgage backed security	Long	USA
Wells Fargo & Co	3.38 mm	3.04 mm principal	0.28	Debt	Long	USA
MHP 2021-STOR	3.36 mm	3.35 mm principal	0.28	ABS-mortgage backed security	Long	USA
HTGC Hercules Capital, Inc.	3.33 mm	3.34 mm principal	0.28	Debt	Long	USA
Sberbank of Russia Via SB Capital SA	3.32 mm	3.15 mm principal	0.28	Debt	Long	Luxembourg
AFSIP AmTrust Financial Services, Inc.	3.31 mm	3.25 mm principal	0.28	Debt	Long	USA
KNDR 2021 KIND	3.30 mm	3.30 mm principal	0.28	ABS-mortgage backed security	Long	USA
Macquarie Group Ltd	3.30 mm	3.33 mm principal	0.28	Debt	Long	Australia
Kestrel Aircraft Funding LTD	3.28 mm	3.30 mm principal	0.27	ABS-other	Long	Cayman Islands
EQT EQT Corporation	3.24 mm	3.19 mm principal	0.27	Debt	Long	USA
Arab National Bank	3.23 mm	3.15 mm principal	0.27	Debt	Long	Saudi Arabia
JBS USA Food Co	3.21 mm	3.08 mm principal	0.27	Debt	Long	USA
TSLX Sixth Street Specialty Lending, Inc.	3.21 mm	3.07 mm principal	0.27	Debt	Long	USA
KNDR 2021 KIND	3.20 mm	3.20 mm principal	0.27	ABS-mortgage backed security	Long	USA
FANG Diamondback Energy, Inc.	3.19 mm	3.20 mm principal	0.27	Debt	Long	USA
GLP China Holdings Ltd	3.17 mm	2.98 mm principal	0.26	Debt	Long	Hong Kong
Citigroup Mortgage Loan Trust 2019-IMC1	3.14 mm	3.10 mm principal	0.26	ABS-mortgage backed security	Long	USA
ING Groep NV	3.13 mm	3.11 mm principal	0.26	Debt	Long	Netherlands
STACR Trust 2018-DNA3	3.13 mm	3.10 mm principal	0.26	ABS-mortgage backed security	Long	USA
Trust Fibra Uno	3.07 mm	2.77 mm principal	0.26	Debt	Long	Mexico
Harley-Davidson Financial Services Inc	3.06 mm	2.88 mm principal	0.26	Debt	Long	USA
Thrust Engine Leasing 2021 DAC	3.04 mm	3.08 mm principal	0.25	ABS-other	Long	USA
CarMax Auto Owner Trust 2021-2	3.04 mm	3.03 mm principal	0.25	ABS-other	Long	USA
EQT EQT Corporation	3.03 mm	2.65 mm principal	0.25	Debt	Long	USA
JDE Peet's NV	3.02 mm	3.06 mm principal	0.25	Debt	Long	Netherlands
Delek & Avner Tamar Bond Ltd	3.01 mm	3.00 mm principal	0.25	Debt	Long	Israel
VW Credit Inc	3.00 mm	3.00 mm principal	0.25	Short-term investment vehicle	Long	USA
Waste Management Inc	2.99 mm	3.00 mm principal	0.25	Short-term investment vehicle	Long	USA
Waste Management Inc	2.99 mm	3.00 mm principal	0.25	Short-term investment vehicle	Long	USA
Athene Global Funding	2.99 mm	3.00 mm principal	0.25	Debt	Long	USA
JPMorgan Chase & Co	2.93 mm	2.96 mm principal	0.25	Debt	Long	USA
TSLX Sixth Street Specialty Lending, Inc.	2.91 mm	2.74 mm principal	0.24	Debt	Long	USA
Bain Capital Credit Clo 2016-2 Ltd	2.90 mm	2.90 mm principal	0.24	ABS-collateralized bond/debt obligation	Long	Cayman Islands
TIIAY TIM S.p.A.	2.90 mm	2.69 mm principal	0.24	Debt	Long	Italy
HSBC HSBC Holdings plc	2.87 mm	2.62 mm principal	0.24	Debt	Long	UK
UNM Unum Group	2.84 mm	2.63 mm principal	0.24	Debt	Long	USA
SoFi Consumer Loan Program 2019-3 Trust	2.84 mm	2.77 mm principal	0.24	ABS-other	Long	USA
Ford Motor Credit Co LLC	2.83 mm	2.79 mm principal	0.24	Debt	Long	USA
BGC Partners Inc	2.82 mm	2.62 mm principal	0.24	Debt	Long	USA
One New York Plaza Trust 2020-1NYP	2.80 mm	2.79 mm principal	0.23	ABS-mortgage backed security	Long	USA
ARCC Ares Capital Corporation	2.80 mm	2.61 mm principal	0.23	Debt	Long	USA
MRVL Marvell Technology, Inc.	2.79 mm	2.79 mm principal	0.23	Debt	Long	USA
BHG Securitization Trust 2021-B	2.79 mm	2.79 mm principal	0.23	ABS-other	Long	USA
Enstar Group Ltd	2.78 mm	2.75 mm principal	0.23	Debt	Long	Bermuda
Apidos CLO XXVI	2.75 mm	2.75 mm principal	0.23	ABS-collateralized bond/debt obligation	Long	Cayman Islands
NBN Co Ltd	2.73 mm	2.75 mm principal	0.23	Debt	Long	Australia
Horizon Aircraft Finance II Ltd	2.73 mm	2.72 mm principal	0.23	ABS-other	Long	Cayman Islands
Telefonaktiebolaget LM Ericsson	2.70 mm	2.65 mm principal	0.23	Debt	Long	Sweden
Dell International LLC / EMC Corp	2.67 mm	2.47 mm principal	0.22	Debt	Long	USA
Avis Budget Rental Car Funding AESOP LLC	2.63 mm	2.61 mm principal	0.22	ABS-other	Long	USA
Goldentree Loan Management US Clo 4 Ltd	2.60 mm	2.60 mm principal	0.22	ABS-collateralized bond/debt obligation	Long	Cayman Islands
BlueMountain Fuji US Clo I Ltd	2.60 mm	2.60 mm principal	0.22	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Brighthouse Financial Global Funding	2.59 mm	2.58 mm principal	0.22	Debt	Long	USA
Freddie Mac STACR REMIC Trust 2021-DNA1	2.57 mm	2.57 mm principal	0.21	ABS-mortgage backed security	Long	USA
US 5YR NOTE (CBT) DEC21	2.56 mm	-3.22 k contracts	0.21	Interest rate derivative	N/A	USA
GM Financial Revolving Receivables Trust 2021-1	2.54 mm	2.54 mm principal	0.21	ABS-other	Long	USA
Goodgreen 2018-1	2.53 mm	2.40 mm principal	0.21	ABS-other	Long	Cayman Islands
Starwood Mortgage Residential Trust 2020-INV	2.53 mm	2.50 mm principal	0.21	ABS-mortgage backed security	Long	USA
Business Jet Securities 2021-1 LLC	2.51 mm	2.50 mm principal	0.21	ABS-other	Long	USA
Planet Fitness Master Issuer LLC	2.51 mm	2.52 mm principal	0.21	ABS-other	Long	USA
Qwest Corp	2.50 mm	2.48 mm principal	0.21	Debt	Long	USA
VERDE CLO Ltd	2.50 mm	2.50 mm principal	0.21	ABS-collateralized bond/debt obligation	Long	Cayman Islands
CBAM 2018-6 Ltd	2.50 mm	2.50 mm principal	0.21	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Sofi Professional Loan Program 2017-C LLC	2.48 mm	2.41 mm principal	0.21	ABS-other	Long	USA
Deutsche Bank AG/New York NY	2.48 mm	2.42 mm principal	0.21	Debt	Long	Germany
Vantage Data Centers LLC	2.47 mm	2.48 mm principal	0.21	ABS-other	Long	USA
Brookfield Finance Inc	2.44 mm	2.28 mm principal	0.20	Debt	Long	Canada
Glencore Funding LLC	2.44 mm	2.45 mm principal	0.20	Debt	Long	USA