NPORT-P false 0001028621 XXXXXXXX S000001151 C000003072 C000003073 TCW METROPOLITAN WEST FUNDS 811-07989 0001028621 549300KGDNJW6FXNDC82 515 South Flower Street Los Angeles 90071 800-241-4671 TCW MetWest Ultra Short Bond Fund S000001151 549300J7IQ5ZDUARGG56 2025-03-31 2024-12-31 N 57244062.48 9373738.95 47870323.53 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 225000.00000000 8810183.61000000 0.00000000 3601263.29000000 USD N Government National Mortgage A 549300M8ZYFG0OCMTT87 38377WLC6 809056.01000000 PA USD 14014.08000000 0.029275089380 Long ABS-MBS USGA US N 2 2037-06-16 Floating 0.60000000 N N N N N N MASTR Adjustable Rate Mortgage N/A 576433UC8 7553.42000000 PA USD 7288.24000000 0.015224964994 Long ABS-MBS CORP US N 2 2034-10-25 Variable 6.82398600 N N N N N N Fannie Mae or Freddie Mac B1V7KEBTPIMZEU4LTD58 01F040610 525000.00000000 PA USD 479807.21000000 1.002306177645 Long ABS-MBS USGSE US N 2 2055-01-15 Fixed 4.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31404AD68 7158.53000000 PA USD 7474.80000000 0.015614684524 Long ABS-MBS USGSE US N 2 2033-11-01 Fixed 6.50000000 N N N N N N GRIFOLS SA 959800HSSNXWRKBK4N60 39843UAA0 35000.00000000 PA USD 32201.05000000 0.067267249572 Long DBT CORP ES N 2 2028-10-15 Fixed 4.75000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BTBD4 504368.91000000 PA USD 502930.78000000 1.050610781196 Long ABS-MBS USGSE US N 2 2054-10-25 Floating 5.76879000 N N N N N N PAPA JOHN'S INTERNATIONA HZYLD3DK5XOX0WBVNB56 698813AA0 10000.00000000 PA USD 8971.50000000 0.018741256249 Long DBT CORP US N 2 2029-09-15 Fixed 3.87500000 N N N N N N Adjustable Rate Mortgage Trust N/A 007036FN1 12896.07000000 PA USD 12811.19000000 0.026762279958 Long ABS-MBS CORP US N 2 2035-05-25 Variable 5.99888500 N N N N N N Fidelity Government Portfolio 549300FQDFZGLUOCWN51 316175108 51610.30000000 NS USD 51610.30000000 0.107812724448 Long STIV RF US N 1 N N N Residential Asset Securitizati N/A 45660LAP4 46581.11000000 PA USD 41605.29000000 0.086912489684 Long ABS-MBS CORP US N 2 2034-12-25 Variable 4.03367300 N N N N N N GoldenTree Loan Management US 549300H67V5FL4RU1Z53 38137YBA8 185689.44000000 PA USD 185910.78000000 0.388363324687 Long ABS-CBDO CORP KY N 2 2031-04-24 Floating 5.78476000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 61747YEC5 225000.00000000 PA USD 214162.49000000 0.447380494234 Long DBT CORP US N 2 2027-07-20 Fixed 1.51200000 N N N N N N EVERSOURCE ENERGY SJ7XXD41SQU3ZNWUJ746 30040WAQ1 200000.00000000 PA USD 192012.60000000 0.401109885709 Long DBT CORP US N 2 2027-03-01 Fixed 2.90000000 N N N N N N BAYER US FINANCE LLC 54930093Q75GSEM74I71 07274EAJ2 220000.00000000 PA USD 224557.11000000 0.469094615287 Long DBT CORP US N 2 2029-01-21 Fixed 6.25000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 36202KUH6 1111.47000000 PA USD 1105.86000000 0.002310115993 Long ABS-MBS USGA US N 2 2025-08-20 Floating 4.62500000 N N N N N N EXTRA SPACE STORAGE LP 549300YNKSKNZFR8UC42 30225VAJ6 135000.00000000 PA USD 137859.86000000 0.287986062834 Long DBT CORP US N 2 2028-04-01 Fixed 5.70000000 N N N N N N AmeriCredit Automobile Receiva N/A 03065WAF2 320000.00000000 PA USD 322747.87000000 0.674212844619 Long ABS-O CORP US N 2 2028-04-18 Fixed 5.32000000 N N N N N N HSI Asset Securitization Corpo N/A 40430HEB0 170028.54000000 PA USD 167831.13000000 0.350595353496 Long ABS-O CORP US N 2 2036-01-25 Floating 5.03822000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 6174468V4 605000.00000000 PA USD 583515.21000000 1.218949793882 Long DBT CORP US N 2 2026-12-10 Fixed 0.98500000 N N N N N N Merrill Lynch Mortgage Investo N/A 589929D88 86915.33000000 PA USD 86146.11000000 0.179957233725 Long ABS-MBS CORP US N 2 2032-12-25 Floating 6.64516000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397JE91 29371.63000000 PA USD 28983.42000000 0.060545694832 Long ABS-MBS USGSE US N 2 2035-08-15 Floating 5.01205000 N N N N N N PNC FINANCIAL SERVICES CFGNEKW0P8842LEUIA51 693475BR5 55000.00000000 PA USD 55958.71000000 0.116896452485 Long DBT CORP US N 2 2029-06-12 Fixed 5.58200000 N N N N N N Fannie Mae or Freddie Mac B1V7KEBTPIMZEU4LTD58 01F032419 650000.00000000 PA USD 614763.50000000 1.284226749824 Long ABS-MBS USGSE US N 2 2040-01-15 Fixed 3.50000000 N N N N N N Credit Suisse First Boston Mor N/A 22541NST7 13453.71000000 PA USD 13326.98000000 0.027839753352 Long ABS-MBS CORP US N 2 2032-11-25 Variable 7.64259400 N N N N N N Madison Park Funding Ltd N/A 55820CAN5 216698.92000000 PA USD 217003.17000000 0.453314609131 Long ABS-CBDO CORP KY N 2 2030-10-18 Floating 5.81235000 N N N N N N CITIGROUP INC 6SHGI4ZSSLCXXQSBB395 172967NA5 815000.00000000 PA USD 776136.63000000 1.621331490508 Long DBT CORP US N 2 2027-06-09 Fixed 1.46200000 N N N N N N PGA National Resort Commercial N/A 69381CAA5 173000.00000000 PA USD 173316.83000000 0.362054854071 Long ABS-MBS CORP US N 2 2039-06-15 Floating 6.28799000 N N N N N N Vantage Data Centers LLC N/A 92212KAD8 200000.00000000 PA USD 189733.06000000 0.396347979309 Long ABS-O CORP US N 2 2046-10-15 Fixed 2.16500000 N N N N N N BPR Trust N/A 05591VAA3 195671.38000000 PA USD 195094.05000000 0.407546963574 Long ABS-MBS CORP US N 2 2038-06-15 Floating 6.26248000 N N N N N N SOUTHERN CO GAS CAPITAL E8CD46SWUD2TSN8PA636 001192AL7 500000.00000000 PA USD 495799.88000000 1.035714495828 Long DBT CORP US N 2 2025-11-15 Fixed 3.87500000 N N N N N N Dryden Senior Loan Fund 549300BH0PFEW6WVTN52 26244GAS4 218952.13000000 PA USD 219387.41000000 0.458295231413 Long ABS-CBDO CORP KY N 2 2031-08-15 Floating 5.67346000 N N N N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 -18.00000000 NC USD 26113.30000000 0.054550080455 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Short US TREASURY N/B United States Treasury Note/Bond 2025-03-20 -2029738.30000000 USD 26113.30000000 N N N Fannie Mae or Freddie Mac B1V7KEBTPIMZEU4LTD58 01F050411 1700000.00000000 PA USD 1693349.60000000 3.537368196266 Long ABS-MBS USGSE US N 2 2040-01-15 Fixed 5.00000000 N N N N N N GS Mortgage Securities Trust N/A 36267CAA3 125000.00000000 PA USD 125645.84000000 0.262471257210 Long ABS-MBS CORP US N 2 2028-03-15 Floating 6.48834000 N N N N N N NATIONWIDE BLDG SOCIETY 549300XFX12G42QIKN82 63861VAF4 200000.00000000 PA USD 191260.77000000 0.399539330207 Long DBT CORP GB N 2 2028-02-16 Fixed 2.97200000 N N N N N N Navient Student Loan Trust N/A 63942JAA5 287881.24000000 PA USD 256917.28000000 0.536694262864 Long ABS-O CORP US N 2 2069-10-15 Fixed 1.06000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38378XUK5 418180.77000000 PA USD 404131.82000000 0.844222036115 Long ABS-MBS USGA US N 2 2054-10-16 Variable 3.15000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 313920B41 395.32000000 PA USD 391.37000000 0.000817562888 Long ABS-MBS USGSE US N 2 2031-09-25 Floating 8.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31397UDV8 477541.19000000 PA USD 474288.26000000 0.990777218588 Long ABS-MBS USGSE US N 2 2041-06-25 Floating 5.25327000 N N N N N N FERRELLGAS LP/FERRELLGAS N/A 315289AA6 55000.00000000 PA USD 54277.14000000 0.113383691601 Long DBT CORP US N 2 2026-04-01 Fixed 5.37500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398NEX8 24065.76000000 PA USD 23885.26000000 0.049895756365 Long ABS-MBS USGSE US N 2 2040-09-25 Floating 5.08327000 N N N N N N PNC FINANCIAL SERVICES CFGNEKW0P8842LEUIA51 693475BT1 40000.00000000 PA USD 41215.11000000 0.086097412678 Long DBT CORP US N 2 2027-10-20 Fixed 6.61500000 N N N N N N SANTANDER UK GROUP HLDGS 549300F5XIFGNNW4CF72 80281LAQ8 105000.00000000 PA USD 99934.03000000 0.208759880090 Long DBT CORP GB N 2 2027-06-14 Fixed 1.67300000 N N N N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 38141GYG3 405000.00000000 PA USD 383178.48000000 0.800450992899 Long DBT CORP US N 2 2027-09-10 Fixed 1.54200000 N N N N N N HCA INC L3CJ6J7LJ2DX62FTXD46 404119BS7 250000.00000000 PA USD 251327.73000000 0.525017822038 Long DBT CORP US N 2 2026-02-15 Fixed 5.87500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136B72K6 84784.53000000 PA USD 83686.51000000 0.174819186144 Long ABS-MBS USGSE US N 2 2050-01-25 Floating 5.18327000 N N N N N N AERCAP IRELAND CAP/GLOBA N/A 00774MAV7 300000.00000000 PA USD 287367.81000000 0.600304716595 Long DBT CORP IE N 2 2026-10-29 Fixed 2.45000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 36225CTC0 2904.91000000 PA USD 2909.65000000 0.006078191634 Long ABS-MBS USGA US N 2 2031-10-20 Floating 3.75000000 N N N N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137FARM2 83705.52000000 PA USD 83703.07000000 0.174853779602 Long ABS-MBS USGSE US N 2 2044-05-25 Floating 5.48620000 N N N N N N Vantage Data Centers LLC N/A 92212KAB2 78000.00000000 PA USD 76183.29000000 0.159145132896 Long ABS-O CORP US N 2 2045-09-15 Fixed 1.64500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31404KNR9 39149.20000000 PA USD 39422.00000000 0.082351647310 Long ABS-MBS USGSE US N 2 2034-04-01 Floating 6.92800000 N N N N N N Residential Asset Mortgage Pro N/A 760985W31 34018.17000000 PA USD 11038.36000000 0.023058879042 Long ABS-MBS CORP US N 2 2031-11-25 Fixed 8.50000000 N N N N N N Navient Student Loan Trust N/A 63942GAA1 189533.23000000 PA USD 165695.67000000 0.346134426888 Long ABS-O CORP US N 2 2070-02-18 Fixed 1.11000000 N N N N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 -64.00000000 NC USD 27268.08000000 0.056962389199 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Short US TREASURY N/B United States Treasury Note/Bond 2025-03-31 -6830768.24000000 USD 27268.08000000 N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31396WJ80 40614.23000000 PA USD 3736.87000000 0.007806235104 Long ABS-MBS USGSE US N 2 2037-07-25 Floating 2.01673000 N N N N N N Structured Asset Investment Lo N/A 86358EWX0 21000.20000000 PA USD 20902.71000000 0.043665278315 Long ABS-O CORP US N 2 2035-09-25 Floating 5.17322000 N N N N N N US BANCORP N1GZ7BBF3NP8GI976H15 91159HJK7 200000.00000000 PA USD 198038.31000000 0.413697454699 Long DBT CORP US N 2 2029-02-01 Fixed 4.65300000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31392CH49 26631.94000000 PA USD 26781.98000000 0.055946937528 Long ABS-MBS USGSE US N 2 2031-08-25 Floating 5.68327000 N N N N N N Aames Mortgage Trust N/A 00253CHQ3 7620.13000000 PA USD 7443.50000000 0.015549299547 Long ABS-MBS CORP US N 2 2032-06-25 Variable 7.39600000 N N N N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 95000U2K8 930000.00000000 PA USD 927170.48000000 1.936837714119 Long DBT CORP US N 2 2026-02-11 Fixed 2.16400000 N N N N N N Ajax Mortgage Loan Trust N/A 00969PAA1 103128.92000000 PA USD 98975.76000000 0.206758076197 Long ABS-MBS CORP US N 2 2059-07-25 Variable 2.86000000 N N N N N N WORLDLINE SA/FRANCE 549300CJMQNCA0U4TS33 000000000 200.00000000 PA 24075.19000000 0.050292515748 Long DBT CORP FR N 2 2025-07-30 None 0.00000000 N N N N N WORLDLINE SA/FRANCE EUR XXXX N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398MDK9 144890.52000000 PA USD 10577.70000000 0.022096570944 Long ABS-MBS USGSE US N 2 2036-11-25 Floating 1.54673000 N N N N N N WB Commercial Mortgage Trust N/A 92943PAA9 177000.00000000 PA USD 177754.09000000 0.371324187705 Long ABS-MBS CORP US N 2 2040-03-15 Variable 5.93650000 N N N N N N WI TREAS. NT/BD 254900HROIFWPRGM1V77 91282CMD0 995000.00000000 PA USD 994650.20000000 2.077801290347 Long DBT UST US N 1 2029-12-31 Fixed 4.37500000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 36225CVG8 3749.82000000 PA USD 3754.83000000 0.007843753129 Long ABS-MBS USGA US N 2 2032-07-20 Floating 4.62500000 N N N N N N Structured Asset Securities Co N/A 86360RAA1 265.53000000 PA USD 265.47000000 0.000554560697 Long ABS-O CORP US N 2 2036-07-25 Floating 4.72322000 N N N N N N CCO HLDGS LLC/CAP CORP N/A 1248EPCD3 5000.00000000 PA USD 4570.19000000 0.009547021333 Long DBT CORP US N 2 2030-03-01 Fixed 4.75000000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 46647PBW5 1185000.00000000 PA USD 1138375.26000000 2.378039620489 Long DBT CORP US N 2 2027-02-04 Fixed 1.04000000 N N N N N N Soundview Home Equity Loan Tru N/A 83611MDH8 243317.35000000 PA USD 239050.27000000 0.499370491720 Long ABS-O CORP US N 2 2035-06-25 Floating 5.12822000 N N N N N N IndyMac INDX Mortgage Loan Tru N/A 45660NY25 65925.42000000 PA USD 61177.56000000 0.127798509574 Long ABS-MBS CORP US N 2 2034-10-25 Variable 5.74847100 N N N N N N Residential Asset Securities C N/A 76113ABL4 129587.17000000 PA USD 128171.95000000 0.267748242644 Long ABS-MBS CORP US N 2 2036-04-25 Floating 4.94822000 N N N N N N ALLIANT ENERGY FINANCE 54930033ER6EOI5DL570 01882YAE6 135000.00000000 PA USD 138253.37000000 0.288808096133 Long DBT CORP US N 2 2029-03-30 Fixed 5.95000000 N N N N N N Hotwire Funding LLC 254900ZCO90MCT7Y9348 44148JAH2 60000.00000000 PA USD 60681.82000000 0.126762920166 Long ABS-O CORP US N 2 2054-06-20 Fixed 5.89300000 N N N N N N Fannie Mae or Freddie Mac B1V7KEBTPIMZEU4LTD58 01F052615 250000.00000000 PA USD 246616.38000000 0.515175920725 Long ABS-MBS USGSE US N 2 2055-01-15 Fixed 5.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3137ACUF4 94199.01000000 PA USD 93333.98000000 0.194972528108 Long ABS-MBS USGSE US N 2 2041-07-15 Floating 5.21205000 N N N N N N DT Auto Owner Trust N/A 23344QAD1 139573.92000000 PA USD 135966.16000000 0.284030167280 Long ABS-O CORP US N 2 2027-05-17 Fixed 1.31000000 N N N N N N Fannie Mae or Freddie Mac B1V7KEBTPIMZEU4LTD58 01F042418 1725000.00000000 PA USD 1687036.20000000 3.524179649512 Long ABS-MBS USGSE US N 2 2040-01-15 Fixed 4.50000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38378BT58 1516883.39000000 PA USD 17075.71000000 0.035670763723 Long ABS-MBS USGA US N 2 2053-01-16 Variable 0.33800000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CME8 11550000.00000000 PA USD 11551579.12000000 24.13098192821 Long DBT UST US N 1 2026-12-31 Fixed 4.25000000 N N N N N N AVOLON HOLDINGS FNDG LTD 635400ZRKEX9L1BKCH30 05401AAR2 198000.00000000 PA USD 183668.46000000 0.383679170007 Long DBT CORP KY N 2 2027-11-18 Fixed 2.52800000 N N N N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 03027XCC2 250000.00000000 PA USD 251859.39000000 0.526128447496 Long DBT CORP US N 2 2028-07-15 Fixed 5.25000000 N N N N N N BPR Trust N/A 05592DAA2 152000.00000000 PA USD 152769.94000000 0.319132875515 Long ABS-MBS CORP US N 2 2037-04-15 Floating 6.29509000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38378BAF6 2020092.10000000 PA USD 20.20000000 0.000042197333 Long ABS-MBS USGA US N 2 2051-10-16 Variable 0.01000000 N N N N N N Banc of America Funding Corpor N/A 05946XCR2 2313.62000000 PA USD 2319.87000000 0.004846154838 Long ABS-MBS CORP US N 2 2032-06-25 Fixed 6.50000000 N N N N N N WORLDLINE SA/FRANCE 549300CJMQNCA0U4TS33 000000000 300.00000000 PA 29901.29000000 0.062463104059 Long DBT CORP FR N 2 2026-07-30 None 0.00000000 N N N N N WORLDLINE SA/FRANCE EUR XXXX N N N Dryden Senior Loan Fund N/A 26252NAW9 231951.95000000 PA USD 232160.24000000 0.484977378217 Long ABS-CBDO CORP KY N 2 2032-05-15 Floating 5.62346000 N N N N N N VICI PROPERTIES / NOTE N/A 92564RAJ4 285000.00000000 PA USD 287617.09000000 0.600825456756 Long DBT CORP US N 2 2027-02-01 Fixed 5.75000000 N N N N N N T-MOBILE USA INC 549300V2JRLO5DIFGE82 87264ABR5 200000.00000000 PA USD 194511.44000000 0.406329904743 Long DBT CORP US N 2 2026-02-15 Fixed 2.25000000 N N N N N N Citigroup Mortgage Loan Trust 549300R1KUK063S4I339 17309SAF7 400744.43000000 PA USD 397003.44000000 0.829331014968 Long ABS-O CORP US N 2 2036-11-25 Floating 4.88822000 N N N N N N HEALTHCARE RLTY HLDGS LP 549300IYGAS4GE6VDL07 42225UAK0 220000.00000000 PA USD 209393.95000000 0.437419124332 Long DBT CORP US N 2 2028-01-15 Fixed 3.62500000 N N N N N N First Franklin Mtg Loan Asset N/A 362341QS1 169645.25000000 PA USD 168816.19000000 0.352653121080 Long ABS-O CORP US N 2 2035-09-25 Floating 5.23322000 N N N N N N EXTRA SPACE STORAGE LP 549300YNKSKNZFR8UC42 30225VAM9 205000.00000000 PA USD 200465.07000000 0.418766900278 Long DBT CORP US N 2 2027-12-15 Fixed 3.87500000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 36179MLL2 33038.42000000 PA USD 33296.46000000 0.069555535757 Long ABS-MBS USGA US N 2 2042-08-20 Floating 4.62500000 N N N N N N Voya CLO Ltd 254900MS3D9HONB0N824 92913UBC9 185408.47000000 PA USD 185599.63000000 0.387713339525 Long ABS-CBDO CORP KY N 2 2031-10-20 Floating 5.78163000 N N N N N N First Franklin Mtg Loan Asset N/A 32027NZM6 432503.20000000 PA USD 419813.21000000 0.876980097569 Long ABS-O CORP US N 2 2036-01-25 Floating 5.00822000 N N N N N N LCM Ltd Partnership N/A 50204JAL1 150000.00000000 PA USD 149385.00000000 0.312061814051 Long ABS-CBDO CORP KY N 2 2034-04-15 Floating 5.40109000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31394AWL6 41481.44000000 PA USD 41577.66000000 0.086854771252 Long ABS-MBS USGSE US N 2 2034-04-25 Floating 5.13327000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 21H042612 775000.00000000 PA USD 732759.01000000 1.530716644396 Long ABS-MBS USGA US N 2 2055-01-15 Fixed 4.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31339GNR8 24915.03000000 PA USD 25081.35000000 0.052394360744 Long ABS-MBS USGSE US N 2 2031-10-15 Floating 5.66205000 N N N N N N AIR LEASE CORP 5493004NW4M4P8TMMK63 00912XAV6 200000.00000000 PA USD 195126.47000000 0.407614688205 Long DBT CORP US N 2 2027-04-01 Fixed 3.62500000 N N N N N N CAMB Commercial Mortgage Trust N/A 12482HAG9 150000.00000000 PA USD 150106.29000000 0.313568572198 Long ABS-MBS CORP US N 2 2037-12-15 Floating 5.94500000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31385WUX5 4079.70000000 PA USD 4104.77000000 0.008574769705 Long ABS-MBS USGSE US N 2 2032-11-01 Floating 6.59800000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38384W6J9 433051.13000000 PA USD 433243.52000000 0.905035704904 Long ABS-MBS USGA US N 2 2054-09-20 Floating 5.75460000 N N N N N N Hilton USA Trust N/A 43300LAA8 103000.00000000 PA USD 100183.57000000 0.209281163385 Long ABS-MBS CORP US N 2 2038-11-05 Fixed 3.71900000 N N N N N N HPS Loan Management Ltd N/A 40437LAN2 183863.90000000 PA USD 183994.08000000 0.384359382665 Long ABS-CBDO CORP KY N 2 2030-10-15 Floating 5.78590000 N N N N N N OWNIT Mortgage Loan Asset-Back N/A 69121PDY6 327266.87000000 PA USD 312406.66000000 0.652610295821 Long ABS-O CORP US N 2 2037-03-25 Floating 4.99322000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31397GQR4 146210.57000000 PA USD 144278.08000000 0.301393576146 Long ABS-MBS USGSE US N 2 2035-08-15 Floating 5.01205000 N N N N N N GLOBAL PAYMENTS INC 549300NOMHGVQBX6S778 37940XAG7 300000.00000000 PA USD 284512.99000000 0.594341063564 Long DBT CORP US N 2 2027-01-15 Fixed 2.15000000 N N N N N N CROWN CASTLE INC 54930012H97VSM0I2R19 22822VAK7 135000.00000000 PA USD 130027.31000000 0.271624046824 Long DBT CORP US N 2 2028-02-15 Fixed 3.80000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 21H050615 625000.00000000 PA USD 606294.38000000 1.266534953790 Long ABS-MBS USGA US N 2 2055-01-15 Fixed 5.00000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38384WM28 520021.72000000 PA USD 521076.54000000 1.088516854650 Long ABS-MBS USGA US N 2 2054-09-20 Floating 5.78460000 N N N N N N BX Trust N/A 05608VAA4 76961.34000000 PA USD 76930.63000000 0.160706308892 Long ABS-MBS CORP US N 2 2034-01-15 Floating 5.21148000 N N N N N N HCA INC L3CJ6J7LJ2DX62FTXD46 404119BR9 175000.00000000 PA USD 174954.69000000 0.365476305775 Long DBT CORP US N 2 2025-02-01 Fixed 5.37500000 N N N N N N 1375209 BC LTD N/A 68251PAA5 35000.00000000 PA USD 34961.29000000 0.073033327167 Long DBT CORP CA N 2 2028-01-30 Fixed 9.00000000 N N N N N N BX Trust N/A 05609KAA7 88043.22000000 PA USD 87983.22000000 0.183794914076 Long ABS-MBS CORP US N 2 2038-10-15 Floating 5.19998000 N N N N N N NRTH PARK Mortgage Trust N/A 67021HAA4 150000.00000000 PA USD 150319.62000000 0.314014213640 Long ABS-MBS CORP US N 2 2039-03-15 Floating 6.03839000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38374FBV5 202512.07000000 PA USD 202047.27000000 0.422072079528 Long ABS-MBS USGA US N 2 2034-01-16 Floating 6.06713000 N N N N N N Countrywide Alternative Loan T N/A 12667FRG2 10437.76000000 PA USD 10593.86000000 0.022130328810 Long ABS-MBS CORP US N 2 2031-11-25 Fixed 6.50000000 N N N N N N LLOYDS BANKING GROUP PLC 549300PPXHEU2JF0AM85 53944YAP8 50000.00000000 PA USD 47835.81000000 0.099927902033 Long DBT CORP GB N 2 2027-05-11 Fixed 1.62700000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38384CUA5 441295.72000000 PA USD 444486.34000000 0.928521696164 Long ABS-MBS USGA US N 2 2053-08-20 Floating 5.95460000 N N N N N N Ameriquest Mortgage Securities N/A 03072SA21 71971.45000000 PA USD 71548.03000000 0.149462181836 Long ABS-O CORP US N 2 2035-05-25 Floating 5.38322000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31394NT81 223024.07000000 PA USD 223693.40000000 0.467290345050 Long ABS-MBS USGSE US N 2 2033-10-15 Floating 5.31205000 N N N N N N Fannie Mae or Freddie Mac B1V7KEBTPIMZEU4LTD58 01F042616 625000.00000000 PA USD 587606.88000000 1.227497197991 Long ABS-MBS USGSE US N 2 2055-01-15 Fixed 4.50000000 N N N N N N INTL FLAVOR & FRAGRANCES BZLRL03D3GPGMOGFO832 459506AP6 150000.00000000 PA USD 137796.41000000 0.287853517249 Long DBT CORP US N 2 2027-10-15 Fixed 1.83200000 N N N N N N Fannie Mae or Freddie Mac B1V7KEBTPIMZEU4LTD58 01F050619 450000.00000000 PA USD 434135.93000000 0.906899928779 Long ABS-MBS USGSE US N 2 2055-01-15 Fixed 5.00000000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 61747YEM3 45000.00000000 PA USD 44862.94000000 0.093717645279 Long DBT CORP US N 2 2026-02-18 Fixed 2.63000000 N N N N N N MortgageIT Trust N/A 61913PAP7 248421.43000000 PA USD 249055.40000000 0.520270977161 Long ABS-MBS CORP US N 2 2035-02-25 Floating 5.09322000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31393USG9 5199.13000000 PA USD 5506.27000000 0.011502470829 Long ABS-MBS USGSE US N 2 2034-01-25 Floating 9.80000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 36225CVC7 43399.42000000 PA USD 43615.78000000 0.091112356850 Long ABS-MBS USGA US N 2 2032-06-20 Floating 4.87500000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38376CR76 50180.37000000 PA USD 50560.55000000 0.105619820948 Long ABS-MBS USGA US N 2 2039-10-16 Floating 5.31157000 N N N N N N Citibank, National Association E57ODZWZ7FF32TWEFA76 000000000 1.00000000 NC USD 3349.41000000 0.006996840115 N/A DFE CORP US N 2 Citibank, National Association E57ODZWZ7FF32TWEFA76 -50100.00000000 EUR 55262.86000000 USD 2025-01-17 3349.41000000 N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CMA6 84000.00000000 PA USD 83081.25000000 0.173554811986 Long DBT UST US N 1 2029-11-30 Fixed 4.12500000 N N N N N N MASTR Seasoned Securitization N/A 55265WBD4 13977.39000000 PA USD 13646.43000000 0.028507077023 Long ABS-MBS CORP US N 2 2032-10-25 Variable 7.56273400 N N N N N N Bluemountain CLO Ltd 5493001GLQHON6UV2U40 09630PAA1 110000.00000000 PA USD 110078.21000000 0.229950837769 Long ABS-CBDO CORP KY N 2 2034-04-15 Floating 6.17751000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38376V2F3 2581.23000000 PA USD 2581.23000000 0.005392129840 Long ABS-MBS USGA US N 2 2039-07-16 Floating 4.96157000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31390SY62 4329.71000000 PA USD 4578.19000000 0.009563733149 Long ABS-MBS USGSE US N 2 2032-08-01 Fixed 7.00000000 N N N N N N ARDAGH PKG FIN/HLDGS USA N/A 03969AAN0 10000.00000000 PA USD 8715.09000000 0.018205621682 Long DBT CORP N/A N 2 2026-08-15 Fixed 4.12500000 N N N N N N Regatta XIV Funding Ltd N/A 75888MAN0 266513.26000000 PA USD 266693.96000000 0.557117521532 Long ABS-CBDO CORP KY N 2 2031-10-25 Floating 5.72587000 N N N N N N Citigroup Commercial Mortgage N/A 17291HAA2 152000.00000000 PA USD 151892.17000000 0.317299234263 Long ABS-MBS CORP US N 2 2038-10-15 Floating 5.46248000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38384WTH8 516615.88000000 PA USD 516957.67000000 1.079912630371 Long ABS-MBS USGA US N 2 2054-09-20 Floating 5.75460000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136B3NG1 33734.67000000 PA USD 33246.45000000 0.069451066022 Long ABS-MBS USGSE US N 2 2048-11-25 Floating 4.93327000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 36225CXR2 35704.37000000 PA USD 35703.75000000 0.074584308956 Long ABS-MBS USGA US N 2 2033-04-20 Floating 4.87500000 N N N N N N SPECTRUM BRANDS INC 549300VU3EH2E73C1Q04 84762LAX3 4000.00000000 PA USD 3448.52000000 0.007203878615 Long DBT CORP US N 2 2031-03-15 Fixed 3.87500000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CMB4 780000.00000000 PA USD 774119.53000000 1.617117815205 Long DBT UST US N 1 2027-12-15 Fixed 4.00000000 N N N N N N JP Morgan Mortgage Trust N/A 466247PC1 31364.35000000 PA USD 30534.20000000 0.063785238428 Long ABS-MBS CORP US N 2 2035-04-25 Variable 6.12500000 N N N N N N INT DEVELOPMENT FIN CORP 254900QI8QTIK0FY6E92 90376PAL5 1955675.32800000 PA USD 1755679.11000000 3.667573102779 Long DBT USGA US N 2 2031-08-15 Fixed 1.49000000 N N N N N N Bain Capital Credit CLO, Limit 254900YXN9JEMKU5DF45 05684PAL0 150000.00000000 PA USD 150071.25000000 0.313495374448 Long ABS-CBDO CORP KY N 2 2034-10-21 Floating 5.48545000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3138EG5M2 26562.31000000 PA USD 27633.88000000 0.057726536948 Long ABS-MBS USGSE US N 2 2040-10-01 Fixed 6.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31371KWH0 33630.86000000 PA USD 34181.39000000 0.071404134084 Long ABS-MBS USGSE US N 2 2032-12-01 Fixed 5.50000000 N N N N N N BX Trust N/A 05609CAA5 134982.92000000 PA USD 134290.21000000 0.280529146446 Long ABS-MBS CORP US N 2 2036-10-15 Floating 5.24148000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 21H040616 250000.00000000 PA USD 230326.00000000 0.481145693230 Long ABS-MBS USGA US N 2 2055-01-15 Fixed 4.00000000 N N N N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 -4.00000000 NC USD 10558.55000000 0.022056567036 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Short US TREASURY N/B United States Treasury Note/Bond 2025-03-20 -486183.55000000 USD 10558.55000000 N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 06051GGF0 985000.00000000 PA USD 965233.12000000 2.016349689792 Long DBT CORP US N 2 2028-01-20 Fixed 3.82400000 N N N N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137H1LS3 79197.12000000 PA USD 78213.58000000 0.163386361805 Long ABS-MBS USGSE US N 2 2026-06-25 Fixed 0.68100000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 21H052611 300000.00000000 PA USD 297361.35000000 0.621180990794 Long ABS-MBS USGA US N 2 2055-01-15 Fixed 5.50000000 N N N N N N WAMU Mortgage Pass-Through Cer N/A 9292274D5 17915.03000000 PA USD 17456.03000000 0.036465243417 Long ABS-MBS CORP US N 2 2033-06-25 Variable 7.26491000 N N N N N N Banc of California Multifamily S6XOOCT0IEG5ABCC6L87 3137FMUJ9 27013.55000000 PA USD 27183.27000000 0.056785223068 Long ABS-MBS USGSE US N 2 2046-04-25 Variable 6.74158500 N N N N N N WARNERMEDIA HOLDINGS INC 549300DXR29GD4N0A520 55903VBA0 300000.00000000 PA USD 289126.08000000 0.603977702007 Long DBT CORP US N 2 2027-03-15 Fixed 3.75500000 N N N N N N BERRY GLOBAL INC 549300AP2Q7ERHX6RI89 08576PAL5 225000.00000000 PA USD 227173.36000000 0.474559901099 Long DBT CORP US N 2 2028-04-15 Fixed 5.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31385XAZ0 23509.05000000 PA USD 23905.33000000 0.049937682132 Long ABS-MBS USGSE US N 2 2033-05-01 Fixed 5.50000000 N N N N N N Ameriquest Mortgage Securities N/A 03072SS89 182760.05000000 PA USD 181208.73000000 0.378540850860 Long ABS-O CORP US N 2 2036-01-25 Floating 5.12822000 N N N N N N FHLMC Multifamily Structured P S6XOOCT0IEG5ABCC6L87 3137BS6G3 6712501.39000000 PA USD 27745.45000000 0.057959604101 Long ABS-MBS USGSE US N 2 2025-09-25 Variable 0.59712400 N N N N N N Citigroup Mortgage Loan Trust N/A 17313BAE1 96630.15000000 PA USD 95442.66000000 0.199377511915 Long ABS-MBS CORP US N 2 2037-05-25 Floating 4.72322000 N N N N N N HSBC HOLDINGS PLC MLU0ZO3ML4LN2LL2TL39 404280CG2 180000.00000000 PA USD 177855.90000000 0.371536866444 Long DBT CORP GB N 2 2026-06-04 Fixed 2.09900000 N N N N N N CIFC Funding Ltd 54930076OPDXR0U68E20 17180TBL5 225000.00000000 PA USD 224955.00000000 0.469925798305 Long ABS-CBDO CORP KY N 2 2031-10-21 Floating 0.01000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31419AP50 31536.73000000 PA USD 33285.26000000 0.069532139215 Long ABS-MBS USGSE US N 2 2039-10-01 Fixed 6.50000000 N N N N N N Fannie Mae or Freddie Mac B1V7KEBTPIMZEU4LTD58 01F040412 1125000.00000000 PA USD 1080584.44000000 2.257315932537 Long ABS-MBS USGSE US N 2 2040-01-15 Fixed 4.00000000 N N N N N N OCP CLO Ltd 2549001TBA76KDJQIQ68 67106BAU1 108128.99000000 PA USD 108196.68000000 0.226020365064 Long ABS-CBDO CORP KY N 2 2030-10-17 Floating 5.79745000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31398NTE4 23989.88000000 PA USD 23795.29000000 0.049707811114 Long ABS-MBS USGSE US N 2 2040-10-25 Floating 5.08327000 N N N N N N GLS Auto Receivables Trust N/A 36263LAG4 230000.00000000 PA USD 225180.17000000 0.470396173234 Long ABS-O CORP US N 2 2027-07-15 Fixed 1.48000000 N N N N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 06051GHD4 70000.00000000 PA USD 67139.18000000 0.140252196035 Long DBT CORP US N 2 2028-12-20 Fixed 3.41900000 N N N N N N HSBC HOLDINGS PLC MLU0ZO3ML4LN2LL2TL39 404280CL1 85000.00000000 PA USD 78372.98000000 0.163719344722 Long DBT CORP GB N 2 2028-09-22 Fixed 2.01300000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31394BWQ3 10048.75000000 PA USD 10412.25000000 0.021750949716 Long ABS-MBS USGSE US N 2 2034-12-25 Floating 7.00000000 N N N N N N US TREASURY N/B 254900HROIFWPRGM1V77 91282CLY5 2455000.00000000 PA USD 2455000.00000000 5.128438286951 Long DBT UST US N 1 2026-11-30 Fixed 4.25000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38373M4R8 43656.49000000 PA USD 43528.12000000 0.090929237135 Long ABS-MBS USGA US N 2 2044-03-16 Variable 5.55600000 N N N N N N Aligned Data Centers Issuer LL N/A 01627AAA6 240000.00000000 PA USD 228238.01000000 0.476783930355 Long ABS-O CORP US N 2 2046-08-15 Fixed 1.93700000 N N N N N N IMPERIAL BRANDS FIN PLC 2138008L3B3MCG1DFS50 45262BAF0 135000.00000000 PA USD 138643.00000000 0.289622024202 Long DBT CORP GB N 2 2027-07-27 Fixed 6.12500000 N N N N N N Freddiemac Strip S6XOOCT0IEG5ABCC6L87 3128HXMD4 124365.59000000 PA USD 123664.37000000 0.258332012154 Long ABS-MBS USGSE US N 2 2042-06-15 Floating 5.21205000 N N N N N N Terwin Mortgage Trust N/A 8815612F0 109546.59000000 PA USD 109096.91000000 0.227900924738 Long ABS-O CORP US N 2 2037-07-25 Floating 4.87322000 N N N N N N BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 000000000 87.00000000 NC USD 8446.95000000 0.017645483416 N/A DIR CORP US N 1 BOARD OF TRADE OF THE CITY OF CHICAGO, INC. 549300EX04Q2QBFQTQ27 Long US TREASURY N/B United States Treasury Note/Bond 2025-03-31 17879568.77000000 USD 8446.95000000 N N N Hilton USA Trust N/A 403956AA3 100000.00000000 PA USD 100178.63000000 0.209270843839 Long ABS-MBS CORP US N 2 2037-05-15 Floating 5.93832000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31394EC97 38452.20000000 PA USD 38237.93000000 0.079878152434 Long ABS-MBS USGSE US N 2 2035-08-25 Floating 4.93327000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38376GYM6 84049.24000000 PA USD 83406.80000000 0.174234878416 Long ABS-MBS USGA US N 2 2044-09-16 Variable 4.55800000 N N N N N N AMCOR FLEXIBLES NORTH AM PTVU09TE3QPJPL7K4E13 02343JAA8 300000.00000000 PA USD 298992.40000000 0.624588216565 Long DBT CORP US N 2 2025-05-17 Fixed 4.00000000 N N N N N N MF1 Multifamily Housing Mortga N/A 58003UAA6 126531.87000000 PA USD 126654.31000000 0.264577927743 Long ABS-CBDO CORP US N 2 2035-12-15 Floating 6.19630000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 31396FRL9 157103.30000000 PA USD 157409.79000000 0.328825414980 Long ABS-MBS USGSE US N 2 2035-08-15 Floating 5.41205000 N N N N N N MASSACHUSETTS ST SPL OBLG REVE 5493001N1YCXNI1O7K10 576004HG3 112862.85630000 PA USD 108445.07000000 0.226539246036 Long DBT MUN US N 2 2031-07-15 Fixed 4.11000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136B9AC1 238874.47000000 PA USD 234213.26000000 0.489266089570 Long ABS-MBS USGSE US N 2 2050-03-25 Floating 5.18327000 N N N N N N INTOWN 2022-STAY N/A 46117NAA0 150000.00000000 PA USD 150384.96000000 0.314150707391 Long ABS-MBS CORP US N 2 2039-08-15 Floating 6.88560000 N N N N N N Palmer Square Loan Funding Ltd N/A 69690CAN3 250000.00000000 PA USD 250187.50000000 0.522635907909 Long ABS-CBDO CORP KY N 2 2031-04-15 Floating 6.05590000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 313921X45 31332.52000000 PA USD 31549.52000000 0.065906218453 Long ABS-MBS USGSE US N 2 2031-10-25 Floating 5.63327000 N N N N N N JP Morgan Chase Commercial Mor N/A 46646GAA5 163000.00000000 PA USD 156803.49000000 0.327558868286 Long ABS-MBS CORP US N 2 2038-09-06 Variable 2.85410000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31390SZQ7 2893.44000000 PA USD 3059.49000000 0.006391203932 Long ABS-MBS USGSE US N 2 2032-08-01 Fixed 7.00000000 N N N N N N Washington Mutual Mortgage Pas N/A 9393366H1 66918.54000000 PA USD 57472.91000000 0.120059581306 Long ABS-MBS CORP US N 2 2035-06-25 Floating 4.95322000 N N N N N N Great Wolf Trust N/A 39152MAA3 152000.00000000 PA USD 152449.62000000 0.318463734435 Long ABS-MBS CORP US N 2 2039-03-15 Floating 5.93909000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38376G2H2 462703.95000000 PA USD 447078.25000000 0.933936136278 Long ABS-MBS USGA US N 2 2052-04-16 Variable 3.70332000 N N N N N N BX Trust N/A 05608KAA8 34790.12000000 PA USD 34773.83000000 0.072641727558 Long ABS-MBS CORP US N 2 2038-05-15 Floating 5.16381000 N N N N N N Park Place Securities Inc N/A 70069FEL7 215871.98000000 PA USD 211234.16000000 0.441263280511 Long ABS-O CORP US N 2 2035-02-25 Floating 6.02822000 N N N N N N 2025-02-25 TCW METROPOLITAN WEST FUNDS Eric Chan Eric Chan Managing Director XXXX