NPORT-P false 0001612930 XXXXXXXX S000083812 C000247829 Angel Oak Funds Trust 811-22980 0001612930 549300DGLMLNBVBKK655 3344 Peachtree Road NE Suite 1725 Atlanta 30326 404-953-4900 Angel Oak High Yield Opportunities ETF S000083812 254900ZCII2VFW4OK231 2025-01-31 2024-04-30 N 77052519.600000000000 481462.250000000000 76571057.350000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 USD N N/A N/A A&D Mortgage Trust 984500E3BD374F778L95 00039GAE9 1000000.000000000000 PA USD 1001256.000000000000 1.3076167871 Long ABS-MBS CORP US N 2 2069-02-25 Variable 8.593891000000 N N N N N N ADVANCED DRAINAGE SYSTEM 6QQTOZ5MF5DHM7K92I60 00790RAB0 500000.000000000000 PA USD 496598.400000000000 0.6485458307 Long DBT CORP US N 2 2030-06-15 Fixed 6.375000000000 N N N N N N Affirm Inc N/A 00792FAE8 200000.000000000000 PA USD 201494.000000000000 0.2631464250 Long ABS-O CORP US N 2 2028-09-15 Fixed 11.320000000000 N N N N N N ANTERO MIDSTREAM PART/FI N/A 03690AAF3 1250000.000000000000 PA USD 1224495.250000000000 1.5991619972 Long DBT CORP US N 2 2028-01-15 Fixed 5.750000000000 N N N N N N ANTERO MIDSTREAM PART/FI N/A 03690AAK2 100000.000000000000 PA USD 99783.130000000000 0.1303144209 Long DBT CORP US N 2 2032-02-01 Fixed 6.625000000000 N N N N N N ARCHROCK PARTNERS LP/FIN N/A 03959KAA8 700000.000000000000 PA USD 698979.260000000000 0.9128504740 Long DBT CORP US N 2 2027-04-01 Fixed 6.875000000000 N N N N N N ARROW BIDCO LLC 549300YHZN08M0H3O128 042728AB1 470000.000000000000 PA USD 486450.000000000000 0.6352922590 Long DBT CORP US N 2 2025-06-15 Fixed 10.750000000000 N N N N N N ATLANTICA SUSTAIN INFRA 549300ITBBGKJ651R879 04916WAA2 250000.000000000000 PA USD 226875.330000000000 0.2962938450 Long DBT CORP GB N 2 2028-06-15 Fixed 4.125000000000 N N N N N N CLEVELAND-CLIFFS INC 549300TM2WLI2BJMDD86 185899AN1 500000.000000000000 PA USD 491356.350000000000 0.6416998367 Long DBT CORP US N 2 2030-04-15 Fixed 6.750000000000 N N N N N N COLT Funding LLC 2138001HZNOLT1K3WY73 19688TAE5 1000000.000000000000 PA USD 991457.000000000000 1.2948195236 Long ABS-MBS CORP US N 2 2069-02-25 Variable 7.827000000000 N N N N N N GGAM FINANCE LTD 254900X2QXEN0FVXRF65 36170JAC0 500000.000000000000 PA USD 513762.500000000000 0.6709617417 Long DBT CORP KY N 2 2027-02-15 Fixed 8.000000000000 N N N N N N GGAM FINANCE LTD 254900X2QXEN0FVXRF65 36170JAD8 450000.000000000000 PA USD 451228.500000000000 0.5892938084 Long DBT CORP KY N 2 2029-04-15 Fixed 6.875000000000 N N N N N N GS Mortgage-Backed Securities N/A 36257TAV2 511534.470000000000 PA USD 301384.860000000000 0.3936015388 Long ABS-MBS CORP US N 2 2049-08-25 Variable 4.041648000000 N N N N N N GLS Auto Receivables Trust N/A 36269HAG7 100000.000000000000 PA USD 98647.700000000000 0.1288315761 Long ABS-O CORP US N 2 2030-10-15 Fixed 7.940000000000 N N N N N N GENESEE & WYOMING INC G617XSG94Z7G0RMW3L02 371559AB1 300000.000000000000 PA USD 299026.260000000000 0.3905212627 Long DBT CORP US N 2 2032-04-15 Fixed 6.250000000000 N N N N N N GENESIS ENERGY LP/FIN N/A 37185LAP7 275000.000000000000 PA USD 279159.380000000000 0.3645755846 Long DBT CORP US N 2 2029-01-15 Fixed 8.250000000000 N N N N N N GLOBAL AIR LEASE CO LTD N/A 37960JAA6 449338.000000000000 PA USD 424800.550000000000 0.5547795273 Long DBT CORP KY N 2 2024-09-15 Fixed 6.500000000000 N N Y N N N GOEASY LTD 5493009DJVZG2P8YV435 380355AF4 500000.000000000000 PA USD 479412.550000000000 0.6261015148 Long DBT CORP CA N 2 2026-05-01 Fixed 4.375000000000 N N N N N N GOEASY LTD 5493009DJVZG2P8YV435 380355AH0 200000.000000000000 PA USD 211604.800000000000 0.2763508920 Long DBT CORP CA N 2 2028-12-01 Fixed 9.250000000000 N N N N N N GOODYEAR TIRE & RUBBER 5493002BI0S2ZQUY3437 382550BN0 500000.000000000000 PA USD 454126.300000000000 0.5930782671 Long DBT CORP US N 2 2029-07-15 Fixed 5.000000000000 N N N N N N GRAY TELEVISION INC 529900TM5726KDN7UU35 389286AA3 1000000.000000000000 PA USD 601697.000000000000 0.7858021305 Long DBT CORP US N 2 2031-11-15 Fixed 5.375000000000 N N N N N N GREAT LAKES DREDGE&DOCK 549300H65E3MZ1CX0P05 390607AF6 300000.000000000000 PA USD 251983.470000000000 0.3290844853 Long DBT CORP US N 2 2029-06-01 Fixed 5.250000000000 N N N N N N GREENFIRE RESOURCES LTD 254900MTS0G2VGMJW059 39525UAA5 250000.000000000000 PA USD 265706.150000000000 0.3470059827 Long DBT CORP CA N 2 2028-10-01 Fixed 12.000000000000 N N N N N N HAT HOLDINGS I LLC/HAT N/A 418751AE3 750000.000000000000 PA USD 699670.730000000000 0.9137535176 Long DBT CORP US N 2 2026-06-15 Fixed 3.375000000000 N N N N N N JP Morgan Mortgage Trust N/A 46591TBY9 702983.390000000000 PA USD 574288.920000000000 0.7500078226 Long ABS-MBS CORP US N 2 2050-07-25 Variable 3.822646000000 N N N N N N JP Morgan Mortgage Trust N/A 46592ABZ6 699206.670000000000 PA USD 571479.090000000000 0.7463382507 Long ABS-MBS CORP US N 2 2050-08-25 Variable 3.838471000000 N N N N N N JEFFERSON CAPITAL HOLDIN N/A 472481AB6 200000.000000000000 PA USD 203699.400000000000 0.2660266255 Long DBT CORP US N 2 2029-02-15 Fixed 9.500000000000 N N N N N N KINETIK HOLDINGS LP 549300RD6AJIMYC0HY12 49461MAA8 250000.000000000000 PA USD 241904.280000000000 0.3159213003 Long DBT CORP US N 2 2030-06-15 Fixed 5.875000000000 N N N N N N KNIFE RIVER CORP N/A 498894AA2 500000.000000000000 PA USD 519730.000000000000 0.6787551563 Long DBT CORP US N 2 2031-05-01 Fixed 7.750000000000 N N N N N N KORN/FERRY INTERNATIONAL 549300FOD20OM0GT5G40 50067PAA7 250000.000000000000 PA USD 237245.130000000000 0.3098365599 Long DBT CORP US N 2 2027-12-15 Fixed 4.625000000000 N N N N N N LCM INVESTMENTS HOLDINGS 549300P5V78NNQTG4428 50190EAC8 100000.000000000000 PA USD 103989.700000000000 0.1358081024 Long DBT CORP US N 2 2031-08-01 Fixed 8.250000000000 N N N N N N LPL HOLDINGS INC 549300Z5YF8CCRMYUL26 50212YAC8 500000.000000000000 PA USD 476570.280000000000 0.6223895771 Long DBT CORP US N 2 2027-11-15 Fixed 4.625000000000 N N N N N N LAMAR MEDIA CORP N/A 513075BW0 250000.000000000000 PA USD 237100.080000000000 0.3096471280 Long DBT CORP US N 2 2029-01-15 Fixed 4.875000000000 N N N N N N LD HOLDINGS GROUP LLC N/A 521088AC8 400000.000000000000 PA USD 307181.600000000000 0.4011719449 Long DBT CORP US N 2 2028-04-01 Fixed 6.125000000000 N N N N N N Lendbuzz Securitization Trust N/A 525931AC5 200000.000000000000 PA USD 206710.400000000000 0.2699589207 Long ABS-O CORP US N 2 2029-04-16 Fixed 9.170000000000 N N N N N N LITHIA MOTORS INC SE8N1EZEHPZQBCBVKD53 536797AE3 250000.000000000000 PA USD 235870.500000000000 0.3080413255 Long DBT CORP US N 2 2027-12-15 Fixed 4.625000000000 N N N N N N Lobel Automobile Receivables T N/A 53946XAC7 200000.000000000000 PA USD 201865.400000000000 0.2636314647 Long ABS-O CORP US N 2 2028-10-16 Fixed 8.310000000000 N N N N N N MIWD HLDCO II/MIWD FIN N/A 55337PAA0 100000.000000000000 PA USD 90624.880000000000 0.1183539618 Long DBT CORP US N 2 2030-02-01 Fixed 5.500000000000 N N N N N N MPT OPER PARTNERSP/FINL N/A 55342UAM6 500000.000000000000 PA USD 335902.800000000000 0.4386811566 Long DBT CORP US N 2 2031-03-15 Fixed 3.500000000000 N N N N N N MACQUARIE AIRFINANCE HLD 549300MCGUSL5B852H65 55609NAB4 200000.000000000000 PA USD 209444.000000000000 0.2735289380 Long DBT CORP GB N 2 2029-03-30 Fixed 8.125000000000 N N N N N N MACQUARIE AIRFINANCE HLD 549300MCGUSL5B852H65 55609NAD0 200000.000000000000 PA USD 200358.600000000000 0.2616636193 Long DBT CORP GB N 2 2031-03-26 Fixed 6.500000000000 N N N N N N MARRIOTT OWNERSHIP RESOR BW4532OH033VURR0IT68 57164PAF3 500000.000000000000 PA USD 463189.150000000000 0.6049141360 Long DBT CORP US N 2 2028-01-15 Fixed 4.750000000000 N N N N N N MATTHEWS INTERNATIONAL C 549300ZVC5O0ATML6U61 577128AA9 250000.000000000000 PA USD 244918.630000000000 0.3198579705 Long DBT CORP US N 2 2025-12-01 Fixed 5.250000000000 N N N N N N MERCER INTL INC 549300Z5IAG39VRTY874 588056BB6 750000.000000000000 PA USD 657166.350000000000 0.8582437970 Long DBT CORP US N 2 2029-02-01 Fixed 5.125000000000 N N N N N N METHANEX CORP 549300TSJHRXT9QXRD13 59151KAL2 500000.000000000000 PA USD 474444.800000000000 0.6196137502 Long DBT CORP CA N 2 2029-12-15 Fixed 5.250000000000 N N N N N N MOOG INC 549300WM2I4U7OBAHG07 615394AM5 250000.000000000000 PA USD 233577.930000000000 0.3050472830 Long DBT CORP US N 2 2027-12-15 Fixed 4.250000000000 N N N N N N MUELLER WATER PRODUCTS 549300F7ZU4P1F8V8L60 624758AF5 300000.000000000000 PA USD 271762.880000000000 0.3549159296 Long DBT CORP US N 2 2029-06-15 Fixed 4.000000000000 N N N N N N MEDLINE BORROWER LP 254900QT3R363TVK6F09 62482BAB8 500000.000000000000 PA USD 465882.140000000000 0.6084311176 Long DBT CORP US N 2 2029-10-01 Fixed 5.250000000000 N N N N N N NCL CORPORATION LTD UNZWILHE4KMRP9K2L524 62886HBA8 300000.000000000000 PA USD 294493.590000000000 0.3846017023 Long DBT CORP BM N 2 2026-03-15 Fixed 5.875000000000 N N N N N N NATIONSTAR MTG HLD INC N/A 63861CAA7 650000.000000000000 PA USD 637869.770000000000 0.8330429174 Long DBT CORP US N 2 2027-01-15 Fixed 6.000000000000 N N N N N N NESCO HOLDINGS II INC 254900FAHT0HW9T6L409 64083YAA9 100000.000000000000 PA USD 93392.240000000000 0.1219680689 Long DBT CORP US N 2 2029-04-15 Fixed 5.500000000000 N N N N N N NEW FORTRESS ENERGY INC 254900EICTYTCHA5X705 644393AA8 163000.000000000000 PA USD 161157.170000000000 0.2104674737 Long DBT CORP US N 2 2025-09-15 Fixed 6.750000000000 N N N N N N 1011778 BC / NEW RED FIN N/A 68245XAJ8 250000.000000000000 PA USD 233000.930000000000 0.3042937346 Long DBT CORP CA N 2 2028-01-15 Fixed 4.375000000000 N N N N N N PRP Advisors, LLC N/A 693581AE0 1000000.000000000000 PA USD 792991.000000000000 1.0356275954 Long ABS-MBS CORP US N 2 2054-01-25 Variable 4.000000000000 N N N N N N Progress Residential Trust N/A 74333QAN5 500000.000000000000 PA USD 429315.000000000000 0.5606752928 Long ABS-O CORP US N 2 2040-11-17 Fixed 4.053000000000 N N N N N N Prosper Marketplace Issuance T N/A 74390NAG7 200000.000000000000 PA USD 201486.000000000000 0.2631359772 Long ABS-O CORP US N 2 2029-07-16 Fixed 11.240000000000 N N N N N N PRP Advisors, LLC N/A 74448BAB6 500000.000000000000 PA USD 502281.000000000000 0.6559671727 Long ABS-MBS CORP US N 2 2029-03-25 Variable 10.037000000000 N N N N N N STRIKE ACCEPTANCE AUTO FUNDING N/A 862942AA7 210756.540000000000 PA USD 210148.510000000000 0.2744490115 Long ABS-O CORP US N 2 2026-05-15 Fixed 8.000000000000 N N N N N N SUBURBAN PROPANE PARTNRS N/A 864486AL9 100000.000000000000 PA USD 88920.180000000000 0.1161276637 Long DBT CORP US N 2 2031-06-01 Fixed 5.000000000000 N N N N N N SUMMIT MATERIALS LLC/FIN N/A 86614RAP2 100000.000000000000 PA USD 102831.800000000000 0.1342959123 Long DBT CORP US N 2 2031-01-15 Fixed 7.250000000000 N N N N N N SUNCOKE ENERGY INC 1KF1J2NXQE2PI0QOB943 86722AAD5 500000.000000000000 PA USD 444572.050000000000 0.5806006413 Long DBT CORP US N 2 2029-06-30 Fixed 4.875000000000 N N N N N N CMG MEDIA CORPORATION N/A 88146LAA1 250000.000000000000 PA USD 136678.300000000000 0.1784986452 Long DBT CORP US N 2 2027-12-15 Fixed 8.875000000000 N N N N N N COHERENT CORP 549300O5C25A0MMHHU33 902104AC2 500000.000000000000 PA USD 461884.100000000000 0.6032097714 Long DBT CORP US N 2 2029-12-15 Fixed 5.000000000000 N N N N N N VT TOPCO INC 5493007T812R37X02Y38 91838PAA9 700000.000000000000 PA USD 725822.300000000000 0.9479068530 Long DBT CORP US N 2 2030-08-15 Fixed 8.500000000000 N N N N N N VENTURE GLOBAL CALCASIEU 549300GKHS6RS20NLH85 92328MAB9 250000.000000000000 PA USD 218338.730000000000 0.2851452462 Long DBT CORP US N 2 2031-08-15 Fixed 4.125000000000 N N N N N N VENTURE GLOBAL CALCASIEU 549300GKHS6RS20NLH85 92328MAC7 250000.000000000000 PA USD 206313.770000000000 0.2694409313 Long DBT CORP US N 2 2033-11-01 Fixed 3.875000000000 N N N N N N VENTURE GLOBAL LNG INC 54930011XLBUWMQUC829 92332YAB7 700000.000000000000 PA USD 718901.400000000000 0.9388683203 Long DBT CORP US N 2 2031-06-01 Fixed 8.375000000000 N N N N N N VERTIV GROUP CORPORATION 549300ZT8RQ5VK10E643 92535UAB0 500000.000000000000 PA USD 463374.350000000000 0.6051560029 Long DBT CORP US N 2 2028-11-15 Fixed 4.125000000000 N N N N N N Verus Securitization Trust N/A 92537QAG6 726000.000000000000 PA USD 516051.690000000000 0.6739513700 Long ABS-MBS CORP US N 2 2066-01-25 Variable 1.968000000000 N N N N N N Verus Securitization Trust N/A 92539FAE3 750000.000000000000 PA USD 727944.750000000000 0.9506787227 Long ABS-MBS CORP US N 2 2068-02-25 Variable 7.589871000000 N N N N N N Verus Securitization Trust N/A 92539GAE1 450000.000000000000 PA USD 446119.650000000000 0.5826217705 Long ABS-MBS CORP US N 2 2068-03-25 Variable 7.914253000000 N N N N N N Verus Securitization Trust 213800KSJFZ5H8FZ7C61 92539UAE0 1000000.000000000000 PA USD 996132.000000000000 1.3009249637 Long ABS-MBS CORP US N 2 2069-02-25 Variable 7.864000000000 N N N N N N VISTRA OPERATIONS CO LLC 549300ZH5GKBTJZ7NM23 92840VAP7 100000.000000000000 PA USD 102621.500000000000 0.1340212654 Long DBT CORP US N 2 2031-10-15 Fixed 7.750000000000 N N N N N N VISTRA OPERATIONS CO LLC 549300ZH5GKBTJZ7NM23 92840VAR3 250000.000000000000 PA USD 249538.000000000000 0.3258907590 Long DBT CORP US N 2 2032-04-15 Fixed 6.875000000000 N N N N N N VISTAJET MALTA/VM HOLDS N/A 92841HAA0 100000.000000000000 PA USD 89605.720000000000 0.1170229629 Long DBT CORP MT N 2 2028-06-01 Fixed 9.500000000000 N N N N N N WARRIOR MET COAL INC 549300152B1S9YKBYV79 93627CAB7 1009000.000000000000 PA USD 1025304.430000000000 1.3390234711 Long DBT CORP US N 2 2028-12-01 Fixed 7.875000000000 N N N N N N WHITE CAP BUYER LLC N/A 96350RAA2 500000.000000000000 PA USD 483709.100000000000 0.6317127081 Long DBT CORP US N 2 2028-10-15 Fixed 6.875000000000 N N N N N N XPO INC 54930096DB9LCLPN7H13 98379KAB8 500000.000000000000 PA USD 502952.500000000000 0.6568441359 Long DBT CORP US N 2 2031-06-01 Fixed 7.125000000000 N N N N N N CPI CG INC N/A 12598FAA7 339000.000000000000 PA USD 337673.220000000000 0.4409932835 Long DBT CORP US N 2 2026-03-15 Fixed 8.625000000000 N N N N N N CPS Auto Trust N/A 12627SAE6 200000.000000000000 PA USD 200005.200000000000 0.2612020872 Long ABS-O CORP US N 2 2031-11-17 Fixed 8.360000000000 N N N N N N CSC HOLDINGS LLC 3HG2WD2W22M120IUNG49 126307AQ0 500000.000000000000 PA USD 410314.350000000000 0.5358608908 Long DBT CORP US N 2 2027-04-15 Fixed 5.500000000000 N N N N N N CVR PARTNERS/CVR NITROGE N/A 12663QAC9 1000000.000000000000 PA USD 941893.000000000000 1.2300901053 Long DBT CORP US N 2 2028-06-15 Fixed 6.125000000000 N N N N N N COMSTOCK RESOURCES INC I03QQGEA4SS774AURI46 205768AS3 100000.000000000000 PA USD 95361.690000000000 0.1245401243 Long DBT CORP US N 2 2029-03-01 Fixed 6.750000000000 N N N N N N COMSTOCK RESOURCES INC I03QQGEA4SS774AURI46 205768AT1 100000.000000000000 PA USD 91179.630000000000 0.1190784523 Long DBT CORP US N 2 2030-01-15 Fixed 5.875000000000 N N N N N N CONSOLIDATED COMMUNICATI 549300WW675Y48HDVX34 20903XAF0 500000.000000000000 PA USD 434636.350000000000 0.5676248507 Long DBT CORP US N 2 2028-10-01 Fixed 6.500000000000 N N N N N N COVANTA HOLDING CORP 40XIFLS8XDQGGHGPGC04 22282EAJ1 250000.000000000000 PA USD 216250.380000000000 0.2824179102 Long DBT CORP US N 2 2030-09-01 Fixed 5.000000000000 N N N N N N CUMULUS MEDIA NEW HLDGS 5493001D9VBAVY1OKJ46 23110AAA4 542000.000000000000 PA USD 322916.120000000000 0.4217208580 Long DBT CORP US N 2 2026-07-01 Fixed 6.750000000000 N N N N N N DIRECTV FIN LLC/COINC N/A 25461LAA0 1000000.000000000000 PA USD 933007.700000000000 1.2184861125 Long DBT CORP US N 2 2027-08-15 Fixed 5.875000000000 N N N N N N ENCINO ACQUISITION PARTN 549300BUKUEKT2UE4T49 29254BAA5 250000.000000000000 PA USD 253301.750000000000 0.3308061280 Long DBT CORP US N 2 2028-05-01 Fixed 8.500000000000 N N N N N N ENVIVA PARTNERS LP/FIN C N/A 29413XAD9 400000.000000000000 PA USD 174524.000000000000 0.2279242393 Long DBT CORP US N 2 2026-01-15 None 6.500000000000 Y Y N N N N EQUIPMENTSHARE.COM INC 254900PWJK48CGPKPI80 29450YAA7 500000.000000000000 PA USD 515214.500000000000 0.6728580195 Long DBT CORP US N 2 2028-05-15 Fixed 9.000000000000 N N N N N N Exeter Automobile Receivables N/A 30168CAG3 200000.000000000000 PA USD 211910.600000000000 0.2767502596 Long ABS-O CORP US N 2 2030-11-15 Fixed 9.750000000000 N N N N N N First American Government Obli 549300R5MYM6VZF1RM44 31846V211 3682121.480000000000 NS USD 3682121.480000000000 4.8087640519 Long STIV RF US N 1 N N N FIRSTCASH INC 549300V2X3UU7K0DG350 33767DAB1 500000.000000000000 PA USD 462409.500000000000 0.6038959314 Long DBT CORP US N 2 2028-09-01 Fixed 4.625000000000 N N N N N N FORTRESS TRANS & INFRAST 529900E7PUVK6BC8PE80 34960PAC5 250000.000000000000 PA USD 258557.750000000000 0.3376703404 Long DBT CORP US N 2 2027-08-01 Fixed 9.750000000000 N N N N N N Foundation Finance Trust N/A 35042AAD5 200000.000000000000 PA USD 199258.000000000000 0.2602262616 Long ABS-O CORP US N 2 2043-12-15 Fixed 9.180000000000 N N N N N N Freddie Mac - STACR 5493000ISMYB8CLVZD05 35564KCP2 750000.000000000000 PA USD 810000.000000000000 1.0578409494 Long ABS-MBS CORP US N 2 2033-08-25 Floating 10.330020000000 N N N N N N FREEDOM MORTGAGE CORP 549300LYRWPSYPK6S325 35640YAH0 500000.000000000000 PA USD 498475.600000000000 0.6509974098 Long DBT CORP US N 2 2026-05-01 Fixed 7.625000000000 N N N N N N FREEDOM MORTGAGE HOLD N/A 35641AAA6 100000.000000000000 PA USD 100823.700000000000 0.1316733809 Long DBT CORP US N 2 2029-02-01 Fixed 9.250000000000 N N N N N N GCAT N/A 36169DAE2 850000.000000000000 PA USD 813557.950000000000 1.0624875484 Long ABS-MBS CORP US N 2 2067-11-25 Variable 6.974010000000 N N N N N N ENACT HOLDINGS INC N/A 37255LAA5 500000.000000000000 PA USD 499912.500000000000 0.6528739674 Long DBT CORP US N 2 2025-08-15 Fixed 6.500000000000 N N N N N N Purchasing Power Funding N/A 745935AE6 200000.000000000000 PA USD 201798.600000000000 0.2635442254 Long ABS-O CORP US N 2 2028-08-15 Fixed 10.180000000000 N N N N N N RHP HOTEL PPTY/RHP FINAN N/A 749571AK1 300000.000000000000 PA USD 294332.940000000000 0.3843918971 Long DBT CORP US N 2 2032-04-01 Fixed 6.500000000000 N N N N N N Radnor Re LTD N/A 75049GAD1 750000.000000000000 PA USD 796164.750000000000 1.0397724382 Long ABS-MBS CORP BM N 2 2031-11-25 Floating 11.330020000000 N N N N N N RAIN CARBON INC 25490038N6JQH7QXUK52 75079LAB7 100000.000000000000 PA USD 104434.080000000000 0.1363884523 Long DBT CORP US N 2 2029-09-01 Fixed 12.250000000000 N N N N N N Radnor Re LTD N/A 75279YAD3 750000.000000000000 PA USD 752999.250000000000 0.9833993105 Long ABS-MBS CORP BM N 2 2033-12-27 Floating 8.480020000000 N N N N N N REALOGY GROUP/CO-ISSUER N/A 75606DAQ4 500000.000000000000 PA USD 336070.300000000000 0.4388999077 Long DBT CORP US N 2 2030-04-15 Fixed 5.250000000000 N N N N N N ROLLER BEARING CO OF AME 254900U9XW6S76H2P167 775631AD6 200000.000000000000 PA USD 180589.600000000000 0.2358457703 Long DBT CORP US N 2 2029-10-15 Fixed 4.375000000000 N N N N N N SBNA Auto Receivables Trust N/A 78437PAH6 200000.000000000000 PA USD 198154.400000000000 0.2587849859 Long ABS-O CORP US N 2 2032-04-15 Fixed 8.000000000000 N N N N N N SALLY HOLDINGS/SALLY CAP N/A 79546VAQ9 600000.000000000000 PA USD 582600.420000000000 0.7608624462 Long DBT CORP US N 2 2032-03-01 Fixed 6.750000000000 N N N N N N SEALED AIR/SEALED AIR US N/A 812127AB4 100000.000000000000 PA USD 101896.700000000000 0.1330746937 Long DBT CORP US N 2 2031-02-15 Fixed 7.250000000000 N N N N N N SEASPAN CORP 5493007Z8Q1H45KT7W98 81254UAK2 500000.000000000000 PA USD 430701.200000000000 0.5624856374 Long DBT CORP MH N 2 2029-08-01 Fixed 5.500000000000 N N N N N N SELECT MEDICAL CORP 549300X05KS0JKR8CB50 816196AT6 500000.000000000000 PA USD 500535.000000000000 0.6536869378 Long DBT CORP US N 2 2026-08-15 Fixed 6.250000000000 N N N N N N SENSATA TECHNOLOGIES BV PUCKW5P5O3XMOZVH7T53 81725WAL7 250000.000000000000 PA USD 241513.500000000000 0.3154109508 Long DBT CORP NL N 2 2030-09-01 Fixed 5.875000000000 N N N N N N SHELF DRILL HOLD LTD 54930078ZJ3XP4MRYB68 822538AH7 1000000.000000000000 PA USD 947046.400000000000 1.2368203245 Long DBT CORP KY N 2 2029-04-15 Fixed 9.625000000000 N N N N N N SIMMONS FOOD INC/SIMMONS N/A 82873MAA1 250000.000000000000 PA USD 216638.750000000000 0.2829251123 Long DBT CORP US N 2 2029-03-01 Fixed 4.625000000000 N N N N N N SKOPOS AUTO RECEIVABLES TRUST N/A 83085DAE5 350000.000000000000 PA USD 350353.150000000000 0.4575529738 Long ABS-O CORP US N 2 2026-06-15 Fixed 7.820000000000 N N N N N N SOTHEBY'S 549300P5BAAMQQ7VL735 835898AH0 300000.000000000000 PA USD 279889.320000000000 0.3655288691 Long DBT CORP US N 2 2027-10-15 Fixed 7.375000000000 N N N N N N SOTHEBY'S/BIDFAIR HLD N/A 83600GAA2 500000.000000000000 PA USD 417505.450000000000 0.5452522983 Long DBT CORP US N 2 2029-06-01 Fixed 5.875000000000 N N N N N N SMYRNA READY MIX CONCRET 549300S7RFWHQFOIOY93 85236FAA1 250000.000000000000 PA USD 242318.130000000000 0.3164617786 Long DBT CORP US N 2 2028-11-01 Fixed 6.000000000000 N N N N N N Starwood Residential Mortgage N/A 85573GAE2 1000000.000000000000 PA USD 796993.000000000000 1.0408541133 Long ABS-MBS CORP US N 2 2065-05-25 Variable 3.520000000000 N N N N N N STENA INTERNATIONAL SA 213800A4LTGG4W55QP46 85858EAD5 625000.000000000000 PA USD 627918.670000000000 0.8200470148 Long DBT CORP LU N 2 2031-01-15 Fixed 7.250000000000 N N N N N N STL HOLDING CO LLC 984500BC2I63E7F48656 861036AB7 450000.000000000000 PA USD 462592.350000000000 0.6041347292 Long DBT CORP US N 2 2029-02-15 Fixed 8.750000000000 N N N N N N STONEX GROUP INC 549300JUF07L8VF02M60 861896AA6 500000.000000000000 PA USD 506722.000000000000 0.6617670142 Long DBT CORP US N 2 2031-03-01 Fixed 7.875000000000 N N N N N N AXALTA COATING SYSTEMS D 5493007DMEBZH3CQ5E51 05455JAA5 250000.000000000000 PA USD 255503.160000000000 0.3336811177 Long DBT CORP NL N 2 2031-02-15 Fixed 7.250000000000 N N N N N N B&G FOODS INC 549300TRW1LZMDJZAQ78 05508WAC9 200000.000000000000 PA USD 207505.000000000000 0.2709966496 Long DBT CORP US N 2 2028-09-15 Fixed 8.000000000000 N N N N N N Bayview Opportunity Master Fun N/A 07336QAE2 193129.990000000000 PA USD 193908.500000000000 0.2532399404 Long ABS-O CORP US N 2 2031-12-26 Floating 8.930020000000 N N N N N N BEACON ROOFING SUPPLY IN 549300HDXQWWCBOYXP31 073685AF6 250000.000000000000 PA USD 240090.480000000000 0.3135525201 Long DBT CORP US N 2 2026-11-15 Fixed 4.500000000000 N N N N N N BORR IHC LTD / BORR FIN N/A 100018AB6 200000.000000000000 PA USD 208492.400000000000 0.2722861708 Long DBT CORP US N 2 2030-11-15 Fixed 10.375000000000 N N N N N N BRAVO Residential Funding Trus N/A 10569KAE7 1000000.000000000000 PA USD 993604.000000000000 1.2976234551 Long ABS-MBS CORP US N 2 2064-02-25 Fixed 7.910000000000 N N N N N N BUILDERS FIRSTSOURCE INC 549300W0SKP6L3H7DP63 12008RAN7 250000.000000000000 PA USD 234343.030000000000 0.3060464856 Long DBT CORP US N 2 2030-03-01 Fixed 5.000000000000 N N N N N N BUILDERS FIRSTSOURCE INC 549300W0SKP6L3H7DP63 12008RAS6 500000.000000000000 PA USD 491328.350000000000 0.6416632694 Long DBT CORP US N 2 2034-03-01 Fixed 6.375000000000 N N N N N N CAESARS ENTERTAIN INC 549300FA4CTCW903Y781 12769GAC4 100000.000000000000 PA USD 98642.900000000000 0.1288253074 Long DBT CORP US N 2 2032-02-15 Fixed 6.500000000000 N N N N N N CALUMET SPECIALTY PROD N/A 131477AV3 600000.000000000000 PA USD 576525.300000000000 0.7529284823 Long DBT CORP US N 2 2027-01-15 Fixed 8.125000000000 N N N N N N CALUMET SPECIALTY PROD N/A 131477AW1 200000.000000000000 PA USD 192460.520000000000 0.2513489126 Long DBT CORP US N 2 2028-07-15 Fixed 9.750000000000 N N N N N N CARGO AIRCRAFT MANAGEMEN 549300GH5J7LOMV44F11 14180LAA4 500000.000000000000 PA USD 452552.400000000000 0.5910227907 Long DBT CORP US N 2 2028-02-01 Fixed 4.750000000000 N N N N N N CARNIVAL CORP F1OF2ZSX47CR0BCWA982 143658BR2 350000.000000000000 PA USD 339370.440000000000 0.4432098129 Long DBT CORP PA N 2 2029-05-01 Fixed 6.000000000000 N N N N N N CARS.COM INC 5493002G6J07LNGX4M98 14575EAA3 500000.000000000000 PA USD 476737.850000000000 0.6226084196 Long DBT CORP US N 2 2028-11-01 Fixed 6.375000000000 N N N N N N CITGO PETROLEUM CORP YX52P86PXMLYDOTUQ225 17302XAK2 500000.000000000000 PA USD 499597.490000000000 0.6524625717 Long DBT CORP US N 2 2025-06-15 Fixed 7.000000000000 N N N N N N CLARIOS GLOBAL LP 549300474L1ZLXZY2P98 18060TAA3 226000.000000000000 PA USD 226489.050000000000 0.2957893724 Long DBT CORP CA N 2 2025-05-15 Fixed 6.750000000000 N N N N N N CLEVELAND-CLIFFS INC 549300TM2WLI2BJMDD86 185899AH4 400000.000000000000 PA USD 395936.120000000000 0.5170832606 Long DBT CORP US N 2 2027-06-01 Fixed 5.875000000000 N N N N N N HAWAIIAN BRAND INTELLECT N/A 41984LAA5 500000.000000000000 PA USD 469463.400000000000 0.6131081589 Long DBT CORP KY N 2 2026-01-20 Fixed 5.750000000000 N N N N N N HECLA MINING CO 5493009Y6HOBZD1QD537 422704AH9 500000.000000000000 PA USD 500502.100000000000 0.6536439711 Long DBT CORP US N 2 2028-02-15 Fixed 7.250000000000 N N N N N N HELIX ENERGY SOLUTIONS 416AP2JOUTCWEGSOZW41 42330PAL1 250000.000000000000 PA USD 266428.500000000000 0.3479493548 Long DBT CORP US N 2 2029-03-01 Fixed 9.750000000000 N N N N N N HILCORP ENERGY I/HILCORP N/A 431318AU8 900000.000000000000 PA USD 865411.830000000000 1.1302074961 Long DBT CORP US N 2 2029-02-01 Fixed 5.750000000000 N N N N N N Home Re Ltd N/A 43730VAE8 800000.000000000000 PA USD 807827.200000000000 1.0550033237 Long ABS-MBS CORP BM N 2 2034-01-25 Floating 9.480020000000 N N N N N N INSTALLED BUILDING PRODU 549300I95Y9P9YM5FI86 45780RAA9 100000.000000000000 PA USD 96972.720000000000 0.1266440916 Long DBT CORP US N 2 2028-02-01 Fixed 5.750000000000 N N N N N N NMI HOLDINGS 529900KNNGFXJX1C3Z08 629209AA5 250000.000000000000 PA USD 251482.250000000000 0.3284299038 Long DBT CORP US N 2 2025-06-01 Fixed 7.375000000000 N N N N N N NEW FORTRESS ENERGY INC 254900EICTYTCHA5X705 644393AB6 500000.000000000000 PA USD 479181.850000000000 0.6258002261 Long DBT CORP US N 2 2026-09-30 Fixed 6.500000000000 N N N N N N New Residential Mortgage Loan N/A 64830RAJ1 760000.000000000000 PA USD 680884.000000000000 0.8892184901 Long ABS-O CORP US N 2 2039-09-04 Fixed 4.000000000000 N N N N N N NEXSTAR MEDIA INC 5493006PK6I4I2OOT688 65343HAA9 250000.000000000000 PA USD 235233.700000000000 0.3072096797 Long DBT CORP US N 2 2027-07-15 Fixed 5.625000000000 N N N N N N NOVA CHEMICALS CORP 549300ZOD6N7RI2FJP09 66977WAT6 200000.000000000000 PA USD 210461.100000000000 0.2748572467 Long DBT CORP CA N 2 2028-11-15 Fixed 8.500000000000 N N N N N N BRUNDAGE-BONE CONCRETE N/A 66981QAA4 250000.000000000000 PA USD 247210.750000000000 0.3228514253 Long DBT CORP US N 2 2026-02-01 Fixed 6.000000000000 N N N N N N Oaktown Re Ltd N/A 67389JAE8 1000000.000000000000 PA USD 1028363.000000000000 1.3430178916 Long ABS-MBS CORP BM N 2 2034-04-25 Floating 9.730020000000 N N N N N N Octane Receivables Trust N/A 67571FAF1 200000.000000000000 PA USD 192114.000000000000 0.2508963656 Long ABS-O CORP US N 2 2031-08-20 Fixed 7.820000000000 N N N N N N OUTFRONT MEDIA CAP LLC/C N/A 69007TAB0 250000.000000000000 PA USD 238180.200000000000 0.3110577394 Long DBT CORP US N 2 2027-08-15 Fixed 5.000000000000 N N N N N N UPBOUND GROUP INC 529900QUHE15UQNCCJ63 76009NAL4 500000.000000000000 PA USD 480457.500000000000 0.6274661950 Long DBT CORP US N 2 2029-02-15 Fixed 6.375000000000 N N N N N N TALLGRASS NRG PRTNR/FIN N/A 87470LAH4 500000.000000000000 PA USD 502994.000000000000 0.6568983339 Long DBT CORP US N 2 2025-10-01 Fixed 7.500000000000 N N N N N N TALLGRASS NRG PRTNR/FIN N/A 87470LAJ0 500000.000000000000 PA USD 470933.600000000000 0.6150282056 Long DBT CORP US N 2 2030-12-31 Fixed 6.000000000000 N N N N N N TASEKO MINES LTD 549300XKUO1JSLU7KX54 876511AG1 500000.000000000000 PA USD 508378.370000000000 0.6639301945 Long DBT CORP CA N 2 2030-05-01 Fixed 8.250000000000 N N N N N N TOWNSQUARE MEDIA INC 549300XBA8C68H0DR538 892231AB7 300000.000000000000 PA USD 291765.180000000000 0.3810384630 Long DBT CORP US N 2 2026-02-01 Fixed 6.875000000000 N N N N N N TREEHOUSE FOODS INC 5493007M7EVHE470Q576 89469AAD6 250000.000000000000 PA USD 221075.580000000000 0.2887195079 Long DBT CORP US N 2 2028-09-01 Fixed 4.000000000000 N N N N N N Tricolor Auto Securitization T N/A 89616KAE4 100000.000000000000 PA USD 104502.700000000000 0.1364780684 Long ABS-O CORP US N 2 2028-06-15 Fixed 13.450000000000 N N N N N N US FOODS INC 5493000JOOFAOUY1JZ87 90290MAH4 200000.000000000000 PA USD 204500.600000000000 0.2670729739 Long DBT CORP US N 2 2032-01-15 Fixed 7.250000000000 N N N N N N UNITED WHOLESALE MTGE LL 549300HW662MN1WU8550 913229AA8 500000.000000000000 PA USD 465011.150000000000 0.6072936252 Long DBT CORP US N 2 2029-04-15 Fixed 5.500000000000 N N N N N N UNITI GROUP/CSL CAPITAL N/A 91327BAA8 200000.000000000000 PA USD 160543.030000000000 0.2096654213 Long DBT CORP US N 2 2029-02-15 Fixed 6.500000000000 N N N N N N UNIVISION COMMUNICATIONS 549300YQDE2JSGTL8V47 914906AU6 250000.000000000000 PA USD 241547.950000000000 0.3154559417 Long DBT CORP US N 2 2027-06-01 Fixed 6.625000000000 N N N N N N Upstart Securitization Trust N/A 91679AAC0 100000.000000000000 PA USD 100448.100000000000 0.1311828561 Long ABS-O CORP US N 2 2033-02-20 Fixed 11.100000000000 N N N N N N Upstart Securitization Trust N/A 91679LAC6 200000.000000000000 PA USD 191560.000000000000 0.2501728546 Long ABS-O CORP US N 2 2031-07-20 Fixed 3.280000000000 N N N N N N URBAN ONE INC 549300PLGIGPBRQUP240 91705JAC9 200000.000000000000 PA USD 163190.980000000000 0.2131235817 Long DBT CORP US N 2 2028-02-01 Fixed 7.375000000000 N N N N N N USA COM PART/USA COM FIN N/A 91740PAF5 750000.000000000000 PA USD 749979.750000000000 0.9794559145 Long DBT CORP US N 2 2027-09-01 Fixed 6.875000000000 N N N N N N AMERICAN AIRLINES/AADVAN N/A 00253XAA9 333322.430000000000 PA USD 329709.050000000000 0.4305922648 Long DBT CORP US N 2 2026-04-20 Fixed 5.500000000000 N N N N N N Affirm Inc N/A 00834BAE7 100000.000000000000 PA USD 99824.400000000000 0.1303683186 Long ABS-O CORP US N 2 2029-02-15 Fixed 9.170000000000 N N N N N N AMERICAN AXLE & MFG INC RY5TAKFOBLDUGX31MS24 02406PBB5 1000000.000000000000 PA USD 903522.000000000000 1.1799784818 Long DBT CORP US N 2 2029-10-01 Fixed 5.000000000000 N N N N N N OWENS-BROCKWAY V2UQUCDZJ9WY98W8QU33 69073TAU7 225000.000000000000 PA USD 225252.000000000000 0.2941738142 Long DBT CORP US N 2 2031-05-15 Fixed 7.250000000000 N N N N N N PBF HOLDING CO LLC N/A 69318FAJ7 500000.000000000000 PA USD 487994.400000000000 0.6373092091 Long DBT CORP US N 2 2028-02-15 Fixed 6.000000000000 N N N N N N PRA GROUP INC 549300Q5HW3JSSB86K27 69354NAC0 250000.000000000000 PA USD 249056.600000000000 0.3252620620 Long DBT CORP US N 2 2025-09-01 Fixed 7.375000000000 N N N N N N PRA GROUP INC 549300Q5HW3JSSB86K27 69354NAD8 500000.000000000000 PA USD 414076.700000000000 0.5407744314 Long DBT CORP US N 2 2029-10-01 Fixed 5.000000000000 N N N N N N Pagaya AI Debt Selection Trust N/A 694961AD5 150000.000000000000 PA USD 144676.350000000000 0.1889439104 Long ABS-O CORP US N 2 2031-08-15 Fixed 9.000000000000 N N N N N N Pagaya AI Debt Selection Trust N/A 69548AAD3 199950.000000000000 PA USD 194062.470000000000 0.2534410216 Long ABS-O CORP US N 2 2031-07-15 Fixed 9.000000000000 N N N N N N PENNYMAC FIN SVCS INC 549300W1D516HBDEU871 70932MAC1 250000.000000000000 PA USD 227164.650000000000 0.2966716901 Long DBT CORP US N 2 2031-09-15 Fixed 5.750000000000 N N N N N N PERFORMANCE FOOD GROUP I 549300OMUOGBYK0FFO76 71376LAE0 500000.000000000000 PA USD 448465.850000000000 0.5856858525 Long DBT CORP US N 2 2029-08-01 Fixed 4.250000000000 N N N N N N PHINIA INC 254900HG6MORZE1FFM18 71880KAA9 100000.000000000000 PA USD 100471.300000000000 0.1312131548 Long DBT CORP US N 2 2029-04-15 Fixed 6.750000000000 N N N N N N PIKE CORP 549300P4EKEP6HK0NC58 721283AB5 225000.000000000000 PA USD 236027.250000000000 0.3082460373 Long DBT CORP US N 2 2031-01-31 Fixed 8.625000000000 N N N N N N POST HOLDINGS INC JM1I5YUAURL6DC8N1468 737446AU8 250000.000000000000 PA USD 247720.080000000000 0.3235165983 Long DBT CORP US N 2 2032-02-15 Fixed 6.250000000000 N N N N N N PRIME SECSRVC BRW/FINANC N/A 74166MAF3 250000.000000000000 PA USD 227933.080000000000 0.2976752416 Long DBT CORP US N 2 2027-08-31 Fixed 3.375000000000 N N N N N N Progress Residential Trust N/A 74331FAL5 765000.000000000000 PA USD 695290.910000000000 0.9080335757 Long ABS-O CORP US N 2 2038-04-17 Fixed 2.757000000000 N N N N N N 2024-06-26 Angel Oak Funds Trust /s/ Michael Colombo Michael Colombo Chief Risk Officer XXXX