First Foundation Fixed Income Fund

Fund Profile

Fund profile

Tickers

FFBYX, FFBAX

Fund manager

Advisors' Inner Circle Fund III

Total assets

$85.17 mm

Liabilities

$395.21 k

Net assets

$84.78 mm

Number of holdings

130.00

130 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-150 DC	3.07 mm	3.00 mm principal	3.62	Debt	Long	USA
US TREASURY N/B 1.250000% 05/15/2050	2.14 mm	4.00 mm principal	2.53	Debt	Long	USA
LUV Southwest Airlines Co.	2.12 mm	2.00 mm principal	2.50	Debt	Long	USA
EIX Edison International	2.10 mm	2.13 mm principal	2.48	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2012-100 BA	2.05 mm	2.38 mm principal	2.42	Debt	Long	USA
FANNIE MAE REMICS FNR 2012-98 WZ	2.03 mm	2.08 mm principal	2.40	Debt	Long	USA
FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K735 AM	1.94 mm	2.00 mm principal	2.29	Debt	Long	USA
FEDERAL HOME LOAN MORTGAGE CORP MTN 1.540000% 08/17/2035	1.89 mm	2.50 mm principal	2.23	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-147 BD	1.87 mm	1.84 mm principal	2.21	Debt	Long	USA
FREDDIE MAC REMICS FHR 5253 PL	1.84 mm	2.00 mm principal	2.17	Debt	Long	USA
PCG+A Pacific Gas & Electric Co.	1.82 mm	2.00 mm principal	2.15	Debt	Long	USA
FRESB 2018-SB52 MORTGAGE TRUST FRESB 2018-SB52 A10F	1.66 mm	1.71 mm principal	1.96	ABS-mortgage backed security	Long	USA
ABR Arbor Realty Trust, Inc.	1.55 mm	1.75 mm principal	1.83	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2024-45 DB	1.55 mm	1.50 mm principal	1.82	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-1 AL	1.50 mm	1.50 mm principal	1.77	Debt	Long	USA
SBA SMALL BUSINESS INVESTMENT COS SBIC 2023-10B 1	1.46 mm	1.41 mm principal	1.72	ABS-mortgage backed security	Long	USA
ENB Enbridge Inc.	1.40 mm	1.25 mm principal	1.65	Debt	Long	Canada
FANNIE MAE-ACES FNA 2019-M12 A2	1.40 mm	1.47 mm principal	1.65	Debt	Long	USA
LNC Lincoln National Corporation	1.39 mm	1.75 mm principal	1.64	Debt	Long	USA
D Dominion Energy, Inc.	1.33 mm	1.25 mm principal	1.57	Debt	Long	USA
LNC Lincoln National Corporation	1.25 mm	1.65 mm principal	1.48	Debt	Long	USA
FRESB 2018-SB53 MORTGAGE TRUST FRESB 2018-SB53 A10F	1.25 mm	1.28 mm principal	1.47	ABS-mortgage backed security	Long	USA
FRESB 2019-SB62 MORTGAGE TRUST FRESB 2019-SB62 A10F	1.23 mm	1.29 mm principal	1.45	ABS-mortgage backed security	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-146 PA	1.19 mm	1.20 mm principal	1.40	Debt	Long	USA
FANNIE MAE REMICS FNR 2015-45 ZY	1.08 mm	1.26 mm principal	1.27	Debt	Long	USA
Dow Chemical Co	1.03 mm	1.00 mm principal	1.22	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-111 ML	1.02 mm	1.00 mm principal	1.20	Debt	Long	USA
US TREASURY N/B 3.000000% 08/15/2052	1.00 mm	1.25 mm principal	1.18	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-8 AH	1.00 mm	1.18 mm principal	1.18	Debt	Long	USA
BP CAPITAL MARKETS PLC 4.875000% MATURITY: PERPETUAL	989.15 k	1.00 mm principal	1.17	Debt	Long	USA
FEDERAL FARM CREDIT BANK 4.550000% 02/17/2033	981.67 k	1.00 mm principal	1.16	Debt	Long	USA
EVEREST REINSURANCE HOLDINGS INC VARIABLE RATE 05/15/2037	973.62 k	1.00 mm principal	1.15	Debt	Long	USA
FANNIE MAE REMICS FNR 2023-70 B	933.99 k	922.85 k principal	1.10	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-68 B	875.25 k	1.00 mm principal	1.03	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-3 AH	812.06 k	960.69 k principal	0.96	Debt	Long	USA
CTO CTO Realty Growth, Inc.	809.90 k	34.42 k shares	0.96	Preferred equity	Long	USA
BROWN BROTHERS HARRIMAN SWEEP INTEREST	793.79 k	793.79 k principal	0.94	Short-term investment vehicle	Long	USA
FEDERAL HOME LOAN BANK 2.000000% 02/25/2036	788.43 k	1.00 mm principal	0.93	Debt	Long	USA
FEDERAL FARM CREDIT BANK 1.875000% 02/11/2036	778.49 k	1.00 mm principal	0.92	Debt	Long	USA
FRESB 2017-SB42 MORTGAGE TRUST FRESB 2017-SB42 A10F	770.08 k	798.18 k principal	0.91	ABS-mortgage backed security	Long	USA
BNSF FUNDING TRUST I 6.613000% 12/15/2055	756.01 k	750.00 k principal	0.89	Debt	Long	USA
FEDERAL FARM CREDIT BANK 5.370000% 04/19/2033	749.33 k	750.00 k principal	0.88	Debt	Long	USA
RBLX Roblox Corporation	698.28 k	750.00 k principal	0.82	Debt	Long	USA
FEDERAL HOME LOAN MORTGAGE CORP MTN 2.000000% 10/29/2040	696.34 k	1.00 mm principal	0.82	Debt	Long	USA
PRS Prudential Financial, Inc. 5.62	692.53 k	750.00 k principal	0.82	Debt	Long	USA
UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2018-20H 1	689.23 k	722.52 k principal	0.81	ABS-mortgage backed security	Long	USA
BOH Bank of Hawaii Corporation	677.89 k	25.39 k shares	0.80	Preferred equity	Long	USA
FANNIE MAE-ACES FNA 2021-M3 X1	675.47 k	9.26 mm principal	0.80	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2019-55 AH	638.43 k	710.49 k principal	0.75	Debt	Long	USA
SBA SMALL BUSINESS INVESTMENT COS SBIC 2018-10B 1	630.52 k	643.45 k principal	0.74	ABS-mortgage backed security	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2019-2 AE	611.61 k	642.29 k principal	0.72	Debt	Long	USA
FRESB 2019-SB60 MORTGAGE TRUST FRESB 2019-SB60 A10F	601.00 k	619.76 k principal	0.71	ABS-mortgage backed security	Long	USA
OPP RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.	598.48 k	65.95 k shares	0.71	Common equity	Long	USA
MODESTO CA IRR DIST FING AUTH MODESTO IRRIGATION DISTRICT	594.91 k	500.00 k principal	0.70	Debt	Long	USA
SCE Trust III PREFERRED STOCK	550.83 k	22.05 k shares	0.65	Preferred equity	Long	USA
LNC Lincoln National Corporation	550.00 k	500.00 k principal	0.65	Debt	Long	USA
ET Energy Transfer LP	537.98 k	500.00 k principal	0.63	Debt	Long	USA
FANNIE MAE POOL FN AB9550	537.09 k	579.17 k principal	0.63	Debt	Long	USA
RETAIL OPPORTUNITY INVESTMENTS PARTNERSHIP LP 6.750000% 10/15/2028	536.50 k	500.00 k principal	0.63	Debt	Long	USA
C Citigroup Inc.	535.05 k	500.00 k principal	0.63	Debt	Long	USA
GINNIE MAE II POOL G2 CD1323	526.25 k	613.81 k principal	0.62	Debt	Long	USA
LPL HOLDINGS INC 6.000000% 05/20/2034	522.63 k	500.00 k principal	0.62	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	507.75 k	500.00 k principal	0.60	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2012-83 AK	506.61 k	551.03 k principal	0.60	Debt	Long	USA
FEDERAL HOME LOAN BANK 5.000000% 02/08/2029	504.90 k	500.00 k principal	0.60	Debt	Long	USA
FEDERAL HOME LOAN BANK 5.780000% 03/13/2034	502.29 k	500.00 k principal	0.59	Debt	Long	USA
MARYLAND ST ECON DEV CORP ECON MARYLAND ECONOMIC DEVELOPMENT CORP	497.52 k	500.00 k principal	0.59	Debt	Long	USA
FANNIE MAE POOL FN AT2721	466.40 k	502.94 k principal	0.55	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-69 AS	460.94 k	496.08 k principal	0.54	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-70 AE	446.57 k	512.55 k principal	0.53	Debt	Long	USA
FEDERAL FARM CREDIT BANK 4.000000% 04/19/2032	437.85 k	450.00 k principal	0.52	Debt	Long	USA
FEDERAL HOME LOAN BANK 3.000000% 02/24/2037	434.83 k	500.00 k principal	0.51	Debt	Long	USA
FRESB 2019-SB63 MORTGAGE TRUST FRESB 2019-SB63 A10H	428.06 k	473.75 k principal	0.50	ABS-mortgage backed security	Long	USA
SBA SMALL BUSINESS INVESTMENT COS SBIC 2018-10A 1	417.92 k	428.83 k principal	0.49	ABS-mortgage backed security	Long	USA
FEDERAL HOME LOAN BANK 6.000000% 08/16/2033	386.38 k	386.36 k principal	0.46	Debt	Long	USA
FEDERAL FARM CREDIT BANK 2.740000% 04/01/2041	385.17 k	500.00 k principal	0.45	Debt	Long	USA
LNC Lincoln National Corporation	384.80 k	520.00 k principal	0.45	Debt	Long	USA
MULTNOMAH CNTY OR SCH DIST #1J MULTNOMAH COUNTY SCHOOL DISTRICT NO 1 PORTLAND/OR	383.82 k	500.00 k principal	0.45	Debt	Long	USA
GINNIE MAE II POOL G2 MA1012	365.28 k	380.94 k principal	0.43	Debt	Long	USA
LKQ LKQ Corporation	344.62 k	325.00 k principal	0.41	Debt	Long	USA
FANNIE MAE POOL FN AE3049	336.45 k	332.65 k principal	0.40	Debt	Long	USA
SAN FRANCISCO CITY & CNTY CA R SAN FRANCISCO CITY & COUNTY REDEVELOPMENT FINANCIN	329.96 k	300.00 k principal	0.39	Debt	Long	USA
FEDERAL FARM CREDIT BANK 2.710000% 12/01/2036	327.61 k	389.00 k principal	0.39	Debt	Long	USA
FREDDIE MAC GOLD POOL FG Q26366	302.77 k	308.69 k principal	0.36	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-156 AD	302.47 k	320.31 k principal	0.36	Debt	Long	USA
FANNIE MAE POOL FN AB7964	297.16 k	309.15 k principal	0.35	Debt	Long	USA
PORT AUTH OF NEW YORK & NEW JE PORT AUTHORITY OF NEW YORK & NEW JERSEY	295.58 k	320.00 k principal	0.35	Debt	Long	USA
GINNIE MAE II POOL G2 4922	287.20 k	289.34 k principal	0.34	Debt	Long	USA
PDO Pimco Dynamic Income Opportunities Fund	282.40 k	20.00 k shares	0.33	Common equity	Long	USA
D Dominion Energy, Inc.	273.38 k	250.00 k principal	0.32	Debt	Long	USA
FANNIE MAE POOL FN AB6858	260.63 k	272.97 k principal	0.31	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-46 A	253.80 k	300.56 k principal	0.30	Debt	Long	USA
FEDERAL HOME LOAN BANK 5.700000% 03/25/2044	253.76 k	250.00 k principal	0.30	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2024-45 JZ	239.30 k	231.26 k principal	0.28	Debt	Long	USA
FANNIE MAE POOL FN AR6834	228.37 k	246.24 k principal	0.27	Debt	Long	USA
PCG+A Pacific Gas & Electric Co.	219.04 k	250.00 k principal	0.26	Debt	Long	USA
FANNIE MAE POOL FN AS2009	207.36 k	210.85 k principal	0.24	Debt	Long	USA
PDI PIMCO Dynamic Income Fund	202.70 k	10.00 k shares	0.24	Common equity	Long	USA
TDS Telephone and Data Systems, Inc.	201.37 k	10.39 k shares	0.24	Preferred equity	Long	USA
BA The Boeing Company	180.66 k	225.00 k principal	0.21	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-3 AG	177.19 k	202.66 k principal	0.21	Debt	Long	USA
FEDERAL FARM CREDIT BANK 4.700000% 08/16/2032	173.40 k	175.00 k principal	0.20	Debt	Long	USA
WBA Walgreens Boots Alliance, Inc.	168.50 k	250.00 k principal	0.20	Debt	Long	USA
MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST MSBAM 2013-C10 C	158.32 k	191.00 k principal	0.19	ABS-mortgage backed security	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-106 AC	143.11 k	154.18 k principal	0.17	Debt	Long	USA
FANNIE MAE POOL FN AS1770	138.17 k	140.80 k principal	0.16	Debt	Long	USA
COMSTOCK PARK MI PUBLIC SCHS COMSTOCK PARK PUBLIC SCHOOLS	135.24 k	135.00 k principal	0.16	Debt	Long	USA
SMALL BUSINESS ADMINISTRATION POOLS SBA 510032	125.05 k	126.06 k principal	0.15		Long	USA
DSL DoubleLine Income Solutions Fund	119.33 k	9.19 k shares	0.14	Common equity	Long	USA
JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2014-C1 JPMBB 2014-C18 C	91.91 k	100.00 k principal	0.11	ABS-mortgage backed security	Long	USA
FANNIE MAE POOL FN AL0065	72.27 k	71.46 k principal	0.09	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-129 AG	70.88 k	71.71 k principal	0.08	Debt	Long	USA
FANNIE MAE POOL FN AI4818	68.20 k	66.20 k principal	0.08	Debt	Long	USA
GINNIE MAE II POOL G2 MA0935	67.83 k	68.76 k principal	0.08	Debt	Long	USA
FANNIE MAE POOL FN AH3401	67.23 k	66.47 k principal	0.08	Debt	Long	USA
FREDDIE MAC GOLD POOL FG Q01533	61.31 k	59.45 k principal	0.07	Debt	Long	USA
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-24 A	52.94 k	54.36 k principal	0.06	Debt	Long	USA
FANNIE MAE POOL FN AE7731	50.67 k	50.09 k principal	0.06	Debt	Long	USA
FANNIE MAE POOL FN AH7284	47.06 k	47.59 k principal	0.06	Debt	Long	USA
FANNIE MAE POOL FN AH3394	33.92 k	34.30 k principal	0.04	Debt	Long	USA
CMCT Creative Media & Community Trust Corporation	33.39 k	67.94 k shares	0.04	Common equity	Long	USA
CVS CVS Health Corporation	30.46 k	29.95 k principal	0.04	Debt	Long	USA
ABR Arbor Realty Trust, Inc.	26.10 k	1.34 k shares	0.03	Preferred equity	Long	USA
FANNIE MAE POOL FN AC5400	21.66 k	21.41 k principal	0.03	Debt	Long	USA
OPP RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.	19.27 k	976.00 shares	0.02	Preferred equity	Long	USA
FANNIE MAE REMICS FNR 2010-16 PA	16.29 k	16.25 k principal	0.02	Debt	Long	USA
DBL DoubleLine Opportunistic Credit Fund	4.67 k	295.00 shares	0.01	Common equity	Long	USA
RGA Reinsurance Group of America, Incorporated	1.35 k	51.00 shares	0.00	Preferred equity	Long	USA
SCE Trust VI PREFERRED STOCK	510.50	25.00 shares	0.00	Preferred equity	Long	USA
ENDO FINANCE LLC / ENDO FINCO INC 144A 5.375000% 01/15/2023	0.02	187.00 k principal	0.00	Debt	Long	USA