VIP Investment Grade Bond II Portfolio

Fund Profile

Fund profile

Fund manager

Variable Insurance Products Fund V

Total assets

$3.72 bn

Liabilities

$463.96 mm

Net assets

$3.25 bn

Number of holdings

4.84 k

Top 200 of 4843 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
UST NOTES 3.875% 08/15/2034	137.97 mm	145.80 mm principal	4.24	Debt	Long	USA
UST NOTES 3.75% 08/31/2031	96.38 mm	100.60 mm principal	2.96	Debt	Long	USA
UST NOTES 3.5% 02/15/2033	80.56 mm	86.60 mm principal	2.48	Debt	Long	USA
UMBS 30YR 2% 01/01/2055 #TBA	80.41 mm	103.50 mm principal	2.47	ABS-mortgage backed security	Long	USA
UST NOTES 4.125% 07/31/2028	74.48 mm	75.00 mm principal	2.29	Debt	Long	USA
UNITED STATES TREASURY BOND 4.25% 02/15/2054	71.79 mm	78.70 mm principal	2.21	Debt	Long	USA
UNITED STATES TREASURY BOND 3.375% 08/15/2042	64.55 mm	78.20 mm principal	1.99	Debt	Long	USA
UST NOTES 3.875% 11/30/2029	53.76 mm	55.00 mm principal	1.65	Debt	Long	USA
Fidelity Cash Central Fund	53.38 mm	53.37 mm shares	1.64	Short-term investment vehicle	Long	USA
UST NOTES 4% 10/31/2029	52.11 mm	53.00 mm principal	1.60	Debt	Long	USA
UST NOTES 4% 02/28/2030	51.04 mm	52.00 mm principal	1.57	Debt	Long	USA
UST NOTES 3.75% 05/31/2030	46.17 mm	47.70 mm principal	1.42	Debt	Long	USA
UST NOTES 4.625% 04/30/2031	45.58 mm	45.20 mm principal	1.40	Debt	Long	USA
UST NOTES 4.125% 10/31/2027	44.82 mm	45.00 mm principal	1.38	Debt	Long	USA
UST NOTES 4.125% 11/30/2029	44.49 mm	45.00 mm principal	1.37	Debt	Long	USA
UST NOTES 4.625% 05/31/2031	43.25 mm	42.90 mm principal	1.33	Debt	Long	USA
UST NOTES 4% 02/15/2034	42.22 mm	44.10 mm principal	1.30	Debt	Long	USA
GNII II 2% 01/01/2055 #TBA	41.01 mm	51.35 mm principal	1.26	ABS-mortgage backed security	Long	USA
UNITED STATES TREASURY BOND 3% 08/15/2052	40.90 mm	57.00 mm principal	1.26	Debt	Long	USA
UNITED STATES TREASURY BOND 4.125% 08/15/2053	36.78 mm	41.29 mm principal	1.13	Debt	Long	USA
UST NOTES 3.375% 05/15/2033	36.10 mm	39.29 mm principal	1.11	Debt	Long	USA
GNII II 6% 01/01/2055 #TBA	34.71 mm	34.50 mm principal	1.07	ABS-mortgage backed security	Long	USA
UST NOTES 4.125% 11/15/2032	34.14 mm	35.00 mm principal	1.05	Debt	Long	USA
UST NOTES 4% 02/29/2028	29.73 mm	30.00 mm principal	0.91	Debt	Long	USA
UST NOTES 4% 01/31/2031	29.27 mm	30.00 mm principal	0.90	Debt	Long	USA
UST NOTES 2.625% 07/31/2029	27.83 mm	30.00 mm principal	0.86	Debt	Long	USA
UST NOTES 3.625% 09/30/2031	27.27 mm	28.70 mm principal	0.84	Debt	Long	USA
UNITED STATES TREASURY BOND 3.625% 02/15/2053	25.19 mm	31.00 mm principal	0.77	Debt	Long	USA
UST NOTES 4.375% 11/30/2030	24.51 mm	24.60 mm principal	0.75	Debt	Long	USA
UST NOTES 4% 07/31/2030	24.48 mm	25.00 mm principal	0.75	Debt	Long	USA
GNII II 3% 01/01/2055 #TBA	17.97 mm	20.75 mm principal	0.55	ABS-mortgage backed security	Long	USA
UST NOTES 1.25% 05/31/2028	17.63 mm	19.52 mm principal	0.54	Debt	Long	USA
BEECHWOOD PARK CLO LTD 19-1A A1R TSFR3M+130 01/17/2035 144A	17.26 mm	17.23 mm principal	0.53	ABS-collateralized bond/debt obligation	Long	Cayman Islands
MORGAN STANLEY 6.342%/VAR 10/18/2033	16.61 mm	15.70 mm principal	0.51	Debt	Long	USA
Fidelity Specialized High Income Central Fund	16.58 mm	190.43 k shares	0.51	Common equity	Long	USA
UST NOTES 1.125% 08/31/2028	15.89 mm	17.82 mm principal	0.49	Debt	Long	USA
GNII II 6% 02/01/2055 #TBA	15.60 mm	15.53 mm principal	0.48	ABS-mortgage backed security	Long	USA
UNITED STATES TREASURY BOND 2% 08/15/2051	15.50 mm	27.13 mm principal	0.48	Debt	Long	USA
UST NOTES 2.25% 08/15/2027	15.45 mm	16.26 mm principal	0.48	Debt	Long	USA
PETROLEOS MEXICANOS 8.75% 06/02/2029	15.01 mm	15.00 mm principal	0.46	Debt	Long	Mexico
UNITED STATES TREASURY BOND 1.75% 08/15/2041	15.00 mm	23.17 mm principal	0.46	Debt	Long	USA
JPMORGAN CHASE and CO 4.912%/VAR 07/25/2033	14.69 mm	15.03 mm principal	0.45	Debt	Long	USA
BANK OF AMERICA CORPORATION 5.015%/VAR 07/22/2033	14.66 mm	14.95 mm principal	0.45	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	14.65 mm	16.99 mm principal	0.45	Debt	Long	USA
UMBS 30YR 2% 02/01/2055 #TBA	14.28 mm	18.38 mm principal	0.44	ABS-mortgage backed security	Long	USA
GNII II 5.5% 01/01/2055 #TBA	14.27 mm	14.40 mm principal	0.44	ABS-mortgage backed security	Long	USA
BABSON CLO LTD/CAYMAN ISLANDS 2020-1A AR TSFR3M+141.161 10/15/2036 144A	14.21 mm	14.19 mm principal	0.44	ABS-collateralized bond/debt obligation	Long	Cayman Islands
BABSON CLO LTD/CAYMAN ISLANDS 20-1A A1R2 TSFR3M+126 01/15/2038 144A	14.19 mm	14.19 mm principal	0.44	ABS-collateralized bond/debt obligation	Long	Cayman Islands
PNC The PNC Financial Services Group, Inc.	14.12 mm	15.00 mm principal	0.43	Debt	Long	USA
UST NOTES 4.125% 08/31/2030	13.88 mm	14.10 mm principal	0.43	Debt	Long	USA
WELLS FARGO and CO NEW 4.897%/VAR 07/25/2033	12.98 mm	13.44 mm principal	0.40	Debt	Long	USA
UNITED STATES TREASURY BOND 4% 11/15/2042	12.60 mm	14.00 mm principal	0.39	Debt	Long	USA
UST NOTES 1.25% 06/30/2028	11.58 mm	12.85 mm principal	0.36	Debt	Long	USA
UST NOTES 0.5% 10/31/2027	11.02 mm	12.24 mm principal	0.34	Debt	Long	USA
C Citigroup Inc.	10.87 mm	11.25 mm principal	0.33	Debt	Long	USA
UNITED STATES TREASURY BOND 2.875% 05/15/2052	10.49 mm	15.00 mm principal	0.32	Debt	Long	USA
GNII II 5% 01/01/2055 #TBA	10.38 mm	10.70 mm principal	0.32	ABS-mortgage backed security	Long	USA
GNII II 3.5% 01/01/2055 #TBA	10.31 mm	11.55 mm principal	0.32	ABS-mortgage backed security	Long	USA
EXTENDED STAY AMER TR 2021-ESH D TSFR1M+236.448 07/15/2038 144A	10.22 mm	10.19 mm principal	0.31	ABS-mortgage backed security	Long	USA
ABN AMRO BANK NV 4.988%/VAR 12/03/2028 144A	9.98 mm	10.00 mm principal	0.31	Debt	Long	Netherlands
GNII II 2% 02/01/2055 #TBA	9.91 mm	12.40 mm principal	0.30	ABS-mortgage backed security	Long	USA
MORGAN STANLEY 4.889%/VAR 07/20/2033	9.84 mm	10.16 mm principal	0.30	Debt	Long	USA
UST NOTES 3.75% 06/30/2030	9.67 mm	10.00 mm principal	0.30	Debt	Long	USA
UNITED STATES TREASURY BOND 1.125% 05/15/2040	9.61 mm	15.99 mm principal	0.30	Debt	Long	USA
UNITED STATES TREASURY BOND 4.25% 08/15/2054	9.54 mm	10.45 mm principal	0.29	Debt	Long	USA
BANK OF AMERICA CORPORATION 4.571%/VAR 04/27/2033	9.50 mm	10.00 mm principal	0.29	Debt	Long	USA
AASET 2022-1 LTD 6% 05/16/2047 144A	9.49 mm	9.51 mm principal	0.29	ABS-collateralized bond/debt obligation	Long	Cayman Islands
UMBS 30YR 5.5% 01/01/2055 #TBA	9.07 mm	9.20 mm principal	0.28	ABS-mortgage backed security	Long	USA
UST NOTES 1.125% 02/29/2028	8.20 mm	9.04 mm principal	0.25	Debt	Long	USA
UNITED STATES TREASURY BOND 1.875% 11/15/2051	8.19 mm	14.85 mm principal	0.25	Debt	Long	USA
COF Capital One Financial Corporation	8.04 mm	8.00 mm principal	0.25	Debt	Long	USA
JPMORGAN CHASE and CO 4.586%/VAR 04/26/2033	7.94 mm	8.28 mm principal	0.24	Debt	Long	USA
UST NOTES 2.25% 11/15/2027	7.86 mm	8.32 mm principal	0.24	Debt	Long	USA
AVOLON HOLDINGS FUNDING LTD 6.375% 05/04/2028 144A	7.47 mm	7.27 mm principal	0.23	Debt	Long	Cayman Islands
Credit Suisse Group AG	7.42 mm	7.00 mm principal	0.23	Debt	Long	Switzerland
FHLG 30YR 6% 07/01/2054#SD8447	7.19 mm	7.15 mm principal	0.22	ABS-mortgage backed security	Long	USA
UNITED STATES TREASURY BOND 4.625% 05/15/2054	7.00 mm	7.20 mm principal	0.22	Debt	Long	USA
UNITED STATES TREASURY BOND 4.125% 08/15/2044	6.94 mm	7.67 mm principal	0.21	Debt	Long	USA
UST NOTES 4% 06/30/2028	6.93 mm	7.00 mm principal	0.21	Debt	Long	USA
UNITED STATES TREASURY BOND 2.25% 02/15/2052	6.89 mm	11.36 mm principal	0.21	Debt	Long	USA
GNII II 6.5% 01/01/2055 #TBA	6.81 mm	6.70 mm principal	0.21	ABS-mortgage backed security	Long	USA
FNMA 30YR 2.5% 10/01/2051#CB1784	6.51 mm	7.93 mm principal	0.20	ABS-mortgage backed security	Long	USA
FORD MTR CR CO LLC 5.303% 09/06/2029	6.48 mm	6.61 mm principal	0.20	Debt	Long	USA
BX COML MTG TR 2024-XL5 A TSFR1M+139.165 03/15/2039 144A	6.40 mm	6.38 mm principal	0.20	ABS-mortgage backed security	Long	USA
GNII II 3% 02/01/2055 #TBA	6.37 mm	7.35 mm principal	0.20	ABS-mortgage backed security	Long	USA
FNMA 30YR 2% 05/01/2051#FM7751	6.22 mm	8.00 mm principal	0.19	ABS-mortgage backed security	Long	USA
CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 4.8% 03/01/2050	6.19 mm	8.24 mm principal	0.19	Debt	Long	USA
FNMA 30YR 2% 04/01/2052#FS5323	6.16 mm	7.92 mm principal	0.19	ABS-mortgage backed security	Long	USA
UMBS 30YR 6.5% 01/01/2055 #TBA	6.13 mm	6.00 mm principal	0.19	ABS-mortgage backed security	Long	USA
UNITED STATES TREASURY BOND 3.625% 05/15/2053	6.10 mm	7.50 mm principal	0.19	Debt	Long	USA
WARNERMEDIA HOLDINGS INC 5.141% 03/15/2052	6.09 mm	8.19 mm principal	0.19	Debt	Long	USA
ALLY Ally Financial Inc.	6.05 mm	6.00 mm principal	0.19	Debt	Long	USA
RRAM 2022-24A TSFR3M+131 01/15/2037 144A	6.00 mm	6.00 mm principal	0.18	ABS-collateralized bond/debt obligation	Long	Bermuda
ALLY FINL INC 8% 11/01/2031	5.90 mm	5.34 mm principal	0.18	Debt	Long	USA
GNII II 2% 05/20/2052#MA8041	5.89 mm	7.37 mm principal	0.18	ABS-mortgage backed security	Long	USA
JBS USA HOLDING LUX/ JBS USA FOOD CO/ JBS LUX CO SARL 6.75% 03/15/2034	5.89 mm	5.57 mm principal	0.18	Debt	Long	Luxembourg
HCA INC 3.5% 09/01/2030	5.86 mm	6.45 mm principal	0.18	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	5.55 mm	5.72 mm principal	0.17	Debt	Long	USA
UNITED STATES TREASURY BOND 2.375% 05/15/2051	5.38 mm	8.56 mm principal	0.17	Debt	Long	USA
C Citigroup Inc.	5.24 mm	5.00 mm principal	0.16	Debt	Long	USA
UMBS 30YR 3% 01/01/2055 #TBA	5.13 mm	6.05 mm principal	0.16	ABS-mortgage backed security	Long	USA
GNII II 3.5% 02/01/2055 #TBA	5.07 mm	5.68 mm principal	0.16	ABS-mortgage backed security	Long	USA
UMBS 30YR 5% 01/01/2055 #TBA	5.01 mm	5.20 mm principal	0.15	ABS-mortgage backed security	Long	USA
BCS Barclays PLC	4.88 mm	4.83 mm principal	0.15	Debt	Long	UK
FNMA 30YR 6% 07/01/2054#MA5421	4.87 mm	4.85 mm principal	0.15	ABS-mortgage backed security	Long	USA
SYMP 2022-32A A1 TSFR3M+132 04/23/2035 144A	4.86 mm	4.85 mm principal	0.15	ABS-collateralized bond/debt obligation	Long	Cayman Islands
UST NOTES 2.75% 07/31/2027	4.82 mm	5.00 mm principal	0.15	Debt	Long	USA
FNMA 30YR 6.5% 07/01/2054#MA5422	4.80 mm	4.70 mm principal	0.15	ABS-mortgage backed security	Long	USA
FNMA 30YR 5.5% 04/01/2054#CB8330	4.59 mm	4.65 mm principal	0.14	ABS-mortgage backed security	Long	USA
AERCAP IRELAND CAP LTD / AERCAP GLOBAL AVIATION TR 5.75% 06/06/2028	4.59 mm	4.50 mm principal	0.14	Debt	Long	Ireland
CFG Citizens Financial Group, Inc.	4.56 mm	4.55 mm principal	0.14	Debt	Long	USA
ROCKLAND PARK CLO LTD TSFR3M+138.161 04/20/2034 144A	4.54 mm	4.54 mm principal	0.14	ABS-collateralized bond/debt obligation	Long	Cayman Islands
GNII II 4% 12/20/2054#MB0089	4.51 mm	4.90 mm principal	0.14	ABS-mortgage backed security	Long	USA
ATHENE GLOBAL FUNDING 5.339% 01/15/2027 144A	4.45 mm	4.42 mm principal	0.14	Debt	Long	USA
UMBS 30YR 3.5% 01/01/2055 #TBA	4.42 mm	5.00 mm principal	0.14	ABS-mortgage backed security	Long	USA
SO The Southern Company	4.29 mm	4.50 mm principal	0.13	Debt	Long	USA
CRBG Corebridge Financial, Inc.	4.24 mm	4.36 mm principal	0.13	Debt	Long	USA
DRYDEN 2022-108A A1R CLO LTD / DRYDEN 2022-108A A1R CLO LLC TSFR3M+136 07/18/2037 144A	4.20 mm	4.17 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	Jersey
FNMA 30YR 2% 02/01/2052#BT1897	4.17 mm	5.36 mm principal	0.13	ABS-mortgage backed security	Long	USA
T-MOBILE USA INC 2.25% 11/15/2031	4.15 mm	5.00 mm principal	0.13	Debt	Long	USA
SUBWAY FDG LLC ISSUER 6.028% 07/30/2054 144A	4.08 mm	4.03 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	USA
INTOWN 2022-STAY MORTGAGE TRUST TSFR1M+223.92 08/15/2037 144A	4.07 mm	4.07 mm principal	0.13	ABS-mortgage backed security	Long	USA
GNII II 4.5% 11/20/2054#MB0024	4.06 mm	4.30 mm principal	0.12	ABS-mortgage backed security	Long	USA
FHLG 30YR 6.5% 07/01/2054#SD8448	4.03 mm	3.95 mm principal	0.12	ABS-mortgage backed security	Long	USA
CEDAR FUNDING LTD 2022 TSFR3M+132 04/20/2035 144A	4.00 mm	3.99 mm principal	0.12	ABS-collateralized bond/debt obligation	Long	USA
COREBRIDGE GLOBAL FUNDING 4.9% 12/03/2029 144A	3.97 mm	4.00 mm principal	0.12	Debt	Long	USA
UST NOTES 3.875% 11/30/2027	3.95 mm	4.00 mm principal	0.12	Debt	Long	USA
OAK HILL CREDIT PARTNERS TSFR3M+135 07/20/2037 144A	3.92 mm	3.90 mm principal	0.12	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FEDERAL HOME LN MTG MLT CTF GT 2.26% 01/25/2029	3.92 mm	4.30 mm principal	0.12	ABS-mortgage backed security	Long	USA
BX 2024-CNYN TSFR1M+144.188 04/15/2029 144A	3.92 mm	3.91 mm principal	0.12	ABS-mortgage backed security	Long	USA
WARNERMEDIA HOLDINGS INC 4.279% 03/15/2032	3.91 mm	4.44 mm principal	0.12	Debt	Long	USA
AES The AES Corporation	3.85 mm	4.00 mm principal	0.12	Debt	Long	USA
GNII II 2.5% 01/01/2055 #TBA	3.73 mm	4.47 mm principal	0.11	ABS-mortgage backed security	Long	USA
FNMA 30YR 6% 06/01/2054#MA5389	3.69 mm	3.68 mm principal	0.11	ABS-mortgage backed security	Long	USA
GS MTG SECS TR 2018-GS10 A4 3.89% 07/10/2051	3.62 mm	3.80 mm principal	0.11	ABS-mortgage backed security	Long	USA
ALLEGRO CLO XII LTD TSFR3M+144 07/21/2037 144A	3.58 mm	3.58 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
ARES XLI CLO LTD / ARES XLI CLO LLC TSFR3M+133.161 04/15/2034 144A	3.57 mm	3.56 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FITB Fifth Third Bancorp	3.45 mm	3.50 mm principal	0.11	Debt	Long	USA
FNMA 30YR 6.5% 05/01/2053#CB6337	3.44 mm	3.34 mm principal	0.11	ABS-mortgage backed security	Long	USA
GNMA II 2.5% 08/20/2051#785602	3.42 mm	4.14 mm principal	0.11	ABS-mortgage backed security	Long	USA
FNMA 30YR 2.5% 01/01/2051#FM7484	3.40 mm	4.10 mm principal	0.10	ABS-mortgage backed security	Long	USA
BARINGS CLO LTD 2023-IV TSFR3M+175 01/20/2037 144A	3.38 mm	3.36 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Cayman Islands
ET+E Energy Transfer Operating, L.P.	3.30 mm	3.89 mm principal	0.10	Debt	Long	USA
FEDERAL HOME LN MTG MLT CTF GT 3.65% 02/25/2028	3.30 mm	3.40 mm principal	0.10	ABS-mortgage backed security	Long	USA
UMBS 30YR 6% 01/01/2055 #TBA	3.21 mm	3.20 mm principal	0.10	ABS-mortgage backed security	Long	USA
COF Capital One Financial Corporation	3.18 mm	3.19 mm principal	0.10	Debt	Long	USA
BX COML MTG TR 2024-MDHS 6.8415% 05/15/2041 144A	3.16 mm	3.15 mm principal	0.10	ABS-mortgage backed security	Long	USA
ALLY Ally Financial Inc.	3.16 mm	2.99 mm principal	0.10	Debt	Long	USA
Blackstone Private Credit Fund	3.12 mm	3.08 mm principal	0.10	Debt	Long	USA
BANK OF AMERICA CORPORATION 3.419%/VAR 12/20/2028	3.08 mm	3.21 mm principal	0.09	Debt	Long	USA
CARLYLE US CLO 2021-11A A1R LTD TSFR3M+141 07/25/2037 144A	3.08 mm	3.07 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
C Citigroup Inc.	3.08 mm	3.12 mm principal	0.09	Debt	Long	USA
BX COML MTG TR 2024-XL4 A TSFR1M+144.203 02/15/2039 144A	2.99 mm	2.98 mm principal	0.09	ABS-mortgage backed security	Long	USA
COF Capital One Financial Corporation	2.97 mm	2.86 mm principal	0.09	Debt	Long	USA
ELP COMMERCIAL MORTGAGE TRUST 2021-ELP TSFR1M+81.548 1 11/15/2036 144A	2.96 mm	2.96 mm principal	0.09	ABS-mortgage backed security	Long	USA
SUBWAY FDG LLC ISSUER 5.246% 07/30/2054 144A	2.95 mm	3.03 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	USA
CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 6.834% 10/23/2055	2.92 mm	3.00 mm principal	0.09	Debt	Long	USA
LIFE FINANCIAL SERVICES TRUST 2022 TSFR1M+129.524 05/15/2039 144A	2.91 mm	2.98 mm principal	0.09	ABS-mortgage backed security	Long	USA
FEDERAL HOME LN MTG MLT CTF GT 3% 06/25/2051	2.89 mm	3.32 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	USA
BPR TRUST 2021-TY TSFR1M+174.77 04/15/2024 144A	2.85 mm	2.84 mm principal	0.09	ABS-mortgage backed security	Long	USA
MORGAN STANLEY 3.125% 07/27/2026	2.84 mm	2.91 mm principal	0.09	Debt	Long	USA
SUBWAY FDG LLC ISSUER 5.914% 07/30/2054 144A	2.83 mm	2.90 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	USA
BRANDYWINE OPER PARTNERSHIP LP 8.3% 03/15/2028	2.82 mm	2.67 mm principal	0.09	Debt	Long	USA
TAUBMAN CENTERS COMMERCIAL MORTGAGE TRUST 24-DPM A TSFR1M+139.27 12/15/2039 144A	2.79 mm	2.79 mm principal	0.09	ABS-mortgage backed security	Long	USA
AIMCO CLO SER 2018-B / AIMCO CLO SER 2018-B LLC TSFR3M+150 04/16/2037 144A	2.78 mm	2.77 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
MADISON PK FDG LXVII LTD / MADISON PK FDG LXVII LLC TSFR3M+151 04/25/2037 144A	2.78 mm	2.76 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Walt Disney Co	2.77 mm	2.89 mm principal	0.09	Debt	Long	USA
ARES CLO 2019-54A AR TSFR3M+127 10/15/2032 144A	2.73 mm	2.72 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	Cayman Islands
OHA CR FDG 4 LTD / OHA CR FDG 4 LLC 19-4A AR2 TSFR3M+129 01/22/2038 144A	2.69 mm	2.69 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FNMA 30YR 6% 09/01/2054#CB9216	2.68 mm	2.67 mm principal	0.08	ABS-mortgage backed security	Long	USA
BLUEBERRY PARK CLO LTD TSFR3M+135 10/20/2037 144A	2.66 mm	2.64 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	Jersey
BCS Barclays PLC	2.64 mm	2.57 mm principal	0.08	Debt	Long	UK
FEDERAL HOME LN MTG MLT CTF GT 2.673% 03/25/2026	2.63 mm	2.68 mm principal	0.08	ABS-mortgage backed security	Long	USA
VOYA CLO 2023-1A A1 LTD TSFR3M+180 01/20/2037 144A	2.60 mm	2.58 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	Cayman Islands
TOWD PT MTG TR 2022 3.75% 07/25/2062 144A	2.59 mm	2.80 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	USA
CHARTER COMMUNICATIONS OPERATING LLC / CHARTER COMMUNICATIONS OPERATING CAPITAL 3.9% 06/01/2052	2.57 mm	4.00 mm principal	0.08	Debt	Long	USA
FHLG 30YR 2.5% 10/01/2050#SD7526	2.56 mm	3.09 mm principal	0.08	ABS-mortgage backed security	Long	USA
FEDERAL HOME LN MTG MLT CTF GT 3.43% 01/25/2027	2.54 mm	2.60 mm principal	0.08	ABS-mortgage backed security	Long	USA
AERCAP IRELAND CAP LTD / AERCAP GLOBAL AVIATION TR 6.45% 04/15/2027	2.54 mm	2.46 mm principal	0.08	Debt	Long	Ireland
FNMA 30YR 2.5% 12/01/2051#CB2320	2.53 mm	3.07 mm principal	0.08	ABS-mortgage backed security	Long	USA
FEDERAL HOME LN MTG MLT CTF GT 3.6% 01/25/2028	2.52 mm	2.60 mm principal	0.08	ABS-mortgage backed security	Long	USA
FHLG 15YR 1.5% 11/01/2035#SB8073	2.51 mm	2.90 mm principal	0.08	ABS-mortgage backed security	Long	USA
Blackstone Private Credit Fund	2.48 mm	2.48 mm principal	0.08	Debt	Long	USA
COF Capital One Financial Corporation	2.48 mm	2.48 mm principal	0.08	Debt	Long	USA
ARES LN FDG V LTD TSFR3M+0 07/25/2037 144A	2.46 mm	2.45 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	Jersey
Spectrum Management Holding Company, LLC	2.45 mm	2.54 mm principal	0.08	Debt	Long	USA
EATON VANCE CLO 2019-1 LTD TSFR3M+151 07/15/2037 144A	2.45 mm	2.45 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	Cayman Islands
WMB The Williams Companies, Inc.	2.45 mm	2.57 mm principal	0.08	Debt	Long	USA
DRYDEN 85 CLO LTD / DRYDEN 85 CLO LLC TSFR3M+138 07/15/2037 144A	2.44 mm	2.44 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	Cayman Islands
SUBWAY FDG LLC ISSUER 6.268% 07/30/2054 144A	2.44 mm	2.40 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	USA
MFA 2022-RPL1 TR 3.3% 08/25/2061 144A	2.43 mm	2.64 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	USA
GSMS 2021-IP B TSFR1M+166.448 10/15/2036 144A	2.42 mm	2.45 mm principal	0.07	ABS-mortgage backed security	Long	USA
MAGNETITE XXVIII LTD 20-28A A1RR TSFR3M+124 01/15/2038 144A	2.41 mm	2.41 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	Cayman Islands
EATON VANCE CLO 2020-1A ARR LTD TSFR3M+139 10/15/2037 144A	2.40 mm	2.40 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	Cayman Islands
DRYDEN 83 CLO LTD 2024-83A AR TSFR3M+153 04/18/2037 144A	2.40 mm	2.39 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	Cayman Islands
MPLX MPLX LP	2.40 mm	2.49 mm principal	0.07	Debt	Long	USA
FNMA 30YR 6% 08/01/2054#CB9061	2.36 mm	2.35 mm principal	0.07	ABS-mortgage backed security	Long	USA
GNII II 2% 02/20/2052#MA7880	2.36 mm	2.95 mm principal	0.07	ABS-mortgage backed security	Long	USA
DRYDEN 98 CLO LTD TSFR3M+130 04/20/2035 144A	2.35 mm	2.35 mm principal	0.07	ABS-collateralized bond/debt obligation	Long	Cayman Islands
JPMORGAN CHASE and CO 5.717%/VAR 09/14/2033	2.35 mm	2.30 mm principal	0.07	Debt	Long	USA