NPORT-P false 0000736913 XXXXXXXX S000008198 C000022322 NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST 811-04255 0000736913 549300CYPOWBML1O3684 1290 AVENUE OF THE AMERICAS NEW YORK 10104 212-476-8800 Short Duration Bond Portfolio S000008198 549300WRDTVIKX0GRU10 2023-12-31 2023-12-31 N 81858854.96 217070.94 81641784.02 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 USD N Securities Portfolio VaR Designated Reference Portfolio is the Fund's Securities Portfolio Freddie Mac - STACR 5493000IRJ8RDHSNEL96 35564KE47 182000.00000000 PA USD 188166.34000000 0.230477986558 Long ABS-MBS USGSE US N 2 2042-08-25 Floating 8.89000000 N N N N N N N/A N/A 000000000 161.00000000 NC USD 339994.87000000 0.416447134370 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Long CBOT 2 Year U.S. Treasury Notes Futures TUH4 Comdty 2024-03-28 32812169.11000000 USD 339994.87000000 N N N TACO BELL FUNDING, LLC N/A 87342RAG9 104145.00000000 PA USD 93335.27000000 0.114322918246 Long ABS-O CORP US N 2 2051-08-25 Fixed 1.95000000 N N N N N N Aqua Finance Trust N/A 03842VAA5 208408.30000000 PA USD 186172.55000000 0.228035866970 Long ABS-O CORP US N 2 2046-07-17 Fixed 1.54000000 N N N N N N IHO Verwaltungs GmbH 529900JL0HDVGZMUJF32 44963BAE8 130000.00000000 PA USD 126662.14000000 0.155143768010 Long DBT CORP DE N 2 2027-05-15 Fixed 6.00000000 N N Y N N N VOLKSWAGEN GROUP AMERICA 5493002SQ1AVQBY41K40 928668CA8 420000.00000000 PA USD 430046.72000000 0.526748312965 Long DBT CORP US N 2 2026-11-16 Fixed 6.00000000 N N N N N N LATAM AIRLINES GROUP SA 549300HX3UUDPEFTG707 51818LAA6 110000.00000000 PA USD 122946.34000000 0.150592422098 Long DBT CORP CL N 2 2027-10-15 Fixed 13.38000000 N N N N N N MVW Owner Trust N/A 55389TAB7 59308.80000000 PA USD 54369.60000000 0.066595311031 Long ABS-O CORP US N 2 2041-01-22 Fixed 1.44000000 N N N N N N Freddie Mac Multiclass Certificates S6XOOCT0IEG5ABCC6L87 3137FQXY4 1535000.00000000 PA USD 83074.05000000 0.101754329596 Long ABS-MBS USGSE US N 2 2029-03-27 Variable 1.27000000 N N N N N N Freddie Mac - STACR 5493000ISA3AUOXQEF68 35564KRN1 275000.00000000 PA USD 283915.75000000 0.347757895553 Long ABS-MBS USGSE US N 2 2042-02-25 Floating 9.09000000 N N N N N N TALLGRASS NRG PRTNR/FIN N/A 87470LAG6 280000.00000000 PA USD 273806.40000000 0.335375326846 Long DBT CORP US N 2 2027-03-01 Fixed 6.00000000 N N N N N N BORR IHC LTD / BORR FIN N/A 100018AA8 230000.00000000 PA USD 239200.00000000 0.292987228134 Long DBT CORP XX N 2 2028-11-15 Fixed 10.00000000 N N N N N N COMM Mortgage Trust N/A 12632QAY9 9188760.66000000 PA USD 12269.75000000 0.015028762719 Long ABS-MBS CORP US N 2 2047-07-15 Variable 0.91000000 N N N N N N NYO Commercial Mortgage Trust N/A 62955HAJ6 693000.00000000 PA USD 446190.89000000 0.546522709364 Long ABS-MBS CORP US N 2 2038-11-15 Floating 8.02000000 N N N N N N Verus Securitization Trust N/A 92538MAC3 371651.11000000 PA USD 303509.92000000 0.371758069281 Long ABS-MBS CORP US N 2 2066-10-25 Variable 1.89000000 N N N N N N VISTAJET MALTA/VM HOLDS N/A 92841HAA0 410000.00000000 PA USD 346983.98000000 0.425007836569 Long DBT CORP XX N 2 2028-06-01 Fixed 9.50000000 N N N N N N Fannie Mae - CAS N/A 20755DAF3 214000.00000000 PA USD 231802.42000000 0.283926206148 Long ABS-MBS USGSE US N 2 2042-07-25 Floating 10.94000000 N N N N N N Citigroup Commercial Mortgage Trust N/A 17331LAE7 100000.00000000 PA USD 98309.39000000 0.120415533761 Long ABS-MBS CORP US N 2 2028-07-10 Variable 6.36000000 N N N N N N MVW Owner Trust N/A 55400KAA3 281804.50000000 PA USD 258805.45000000 0.317001218318 Long ABS-O CORP US N 2 2039-05-20 Fixed 1.43000000 N N N N N N Medline Borrower, LP 254900QT3R363TVK6F09 58503UAC7 89318.19000000 PA USD 89680.82000000 0.109846717678 Long LON CORP US N 2 2028-10-23 Variable 8.47000000 N N N N N N VENTURE GLOBAL LNG INC 54930011XLBUWMQUC829 92332YAA9 120000.00000000 PA USD 121187.64000000 0.148438255550 Long DBT CORP US N 2 2028-06-01 Fixed 8.13000000 N N N N N N EQUIPMENTSHARE.COM INC 254900PWJK48CGPKPI80 29450YAA7 495000.00000000 PA USD 509280.75000000 0.623799144167 Long DBT CORP US N 2 2028-05-15 Fixed 9.00000000 N N N N N N T-MOBILE USA INC 549300V2JRLO5DIFGE82 87264ABR5 550000.00000000 PA USD 521169.28000000 0.638360964616 Long DBT CORP US N 2 2026-02-15 Fixed 2.25000000 N N N N N N T-MOBILE USA INC 549300V2JRLO5DIFGE82 87264ABD6 690000.00000000 PA USD 669249.47000000 0.819738909473 Long DBT CORP US N 2 2027-04-15 Fixed 3.75000000 N N N N N N Freddie Mac - STACR 5493000ISM9M3KNO6J64 35564KFV6 159000.00000000 PA USD 156595.81000000 0.191808412664 Long ABS-MBS USGSE US N 2 2033-12-25 Floating 7.39000000 N N N N N N Sierra Receivables Funding Co LLC N/A 826944AB6 150321.23000000 PA USD 153474.70000000 0.187985480526 Long ABS-O CORP US N 2 2040-09-20 Fixed 6.44000000 N N N N N N VOLKSWAGEN GROUP AMERICA 5493002SQ1AVQBY41K40 928668BE1 370000.00000000 PA USD 360237.99000000 0.441242182938 Long DBT CORP US N 2 2025-05-13 Fixed 3.35000000 N N N N N N Freddie Mac Multiclass Certificates N/A 3137FQXS7 2420000.00000000 PA USD 154492.07000000 0.189231619390 Long ABS-MBS USGSE US N 2 2028-07-27 Fixed 1.71000000 N N N N N N SOFI CONSUMER LOAN PROGRAM TRUST N/A 83407EAA2 39345.01000000 PA USD 39295.03000000 0.048131028090 Long ABS-O CORP US N 2 2031-05-15 Fixed 5.81000000 N N N N N N BAYER US FINANCE LLC 54930093Q75GSEM74I71 07274EAH6 295000.00000000 PA USD 299920.51000000 0.367361533802 Long DBT CORP US N 2 2026-11-21 Fixed 6.13000000 N N N N N N U.S. Bank National Association N/A 90357PAV6 250000.00000000 PA USD 250925.23000000 0.307349028456 Long ABS-O CORP US N 2 2032-08-25 Fixed 6.79000000 N N N N N N Sierra Receivables Funding Co LLC N/A 82652MAA8 55613.74000000 PA USD 54585.91000000 0.066860261145 Long ABS-O CORP US N 2 2036-05-20 Fixed 2.59000000 N N N N N N CVS HEALTH CORP 549300EJG376EN5NQE29 126650DH0 450000.00000000 PA USD 436045.05000000 0.534095445407 Long DBT CORP US N 2 2027-04-01 Fixed 3.63000000 N N N N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 06051GFP9 400000.00000000 PA USD 393218.89000000 0.481639266853 Long DBT CORP US N 2 2025-04-21 Fixed 3.95000000 N N N N N N Freddie Mac - STACR S6XOOCT0IEG5ABCC6L87 3137G0RL5 685821.06000000 PA USD 698841.78000000 0.855985434895 Long ABS-MBS USGSE US N 2 2030-04-25 Floating 7.80000000 N N N N N N BX Trust 2019-OC11 N/A 05606FAL7 256000.00000000 PA USD 222813.49000000 0.272915998437 Long ABS-MBS CORP US N 2 2041-12-09 Variable 3.94000000 N N N N N N BX Trust 2019-OC11 N/A 05606FAA1 134000.00000000 PA USD 118282.76000000 0.144880175537 Long ABS-MBS CORP US N 2 2041-12-09 Fixed 3.20000000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 61772BAB9 855000.00000000 PA USD 787786.19000000 0.964930151216 Long DBT CORP US N 2 2027-05-04 Fixed 1.59000000 N N N N N N NORTHERN OIL AND GAS INC OKFF0PIZDDMNH4UCYE51 665531AG4 120000.00000000 PA USD 121500.00000000 0.148820853755 Long DBT CORP US N 2 2028-03-01 Fixed 8.13000000 N N N N N N Taubman Centers Commercial Mortgage Trust N/A 87666YAC1 146000.00000000 PA USD 143936.09000000 0.176301990124 Long ABS-MBS CORP US N 2 2037-05-15 Floating 8.29000000 N N N N N N Freddie Mac - STACR 5493000ISA3AUOXQEF68 35564KRF8 385000.00000000 PA USD 389562.79000000 0.477161045261 Long ABS-MBS USGSE US N 2 2042-02-25 Floating 7.74000000 N N N N N N JP Morgan Mortgage Trust N/A 46657FAA3 183813.80000000 PA USD 184498.87000000 0.225985838274 Long ABS-O CORP US N 2 2054-03-25 Floating 7.04000000 N N N N N N ORL TRUST N/A 67116QAL6 116000.00000000 PA USD 115891.54000000 0.141951258649 Long ABS-MBS CORP US N 2 2036-10-19 Floating 9.66000000 N N N N N N Peraton Corp. 549300EQPCK07ZW63836 71360HAB3 89039.54000000 PA USD 89150.84000000 0.109197564788 Long LON CORP US N 2 2028-02-01 Variable 9.21000000 N N N N N N GENERAL MOTORS FINL CO 5493008B6JBRUJ90QL97 37045XEF9 945000.00000000 PA USD 950990.95000000 1.164833622164 Long DBT CORP US N 2 2026-04-06 Fixed 5.40000000 N N N N N N Chase Auto Credit Linked Notes N/A 46591HCD0 269845.64000000 PA USD 260371.28000000 0.318919145539 Long ABS-O CORP US N 2 2029-02-26 Fixed 0.76000000 N N N N N N CSC Holdings LLC 3HG2WD2W22M120IUNG49 126307AQ0 180000.00000000 PA USD 166373.48000000 0.203784718814 Long DBT CORP US N 2 2027-04-15 Fixed 5.50000000 N N N N N N COMM Mortgage Trust N/A 12624QAT0 1111000.00000000 PA USD 938693.79000000 1.149771285950 Long ABS-MBS CORP US N 2 2045-10-15 Fixed 3.25000000 N N N N N N BENTELER INTERNATIONAL A 529900ZAFSOBVFCKF263 08263DAA4 160000.00000000 PA USD 168548.80000000 0.206449187781 Long DBT CORP AT N 2 2028-05-15 Fixed 10.50000000 N N N N N N HALEON US CAPITAL LLC 549300N8C3A3L0UVQB07 36264FAH4 270000.00000000 PA USD 268302.11000000 0.328633325717 Long DBT CORP US N 2 2024-03-24 Fixed 3.02000000 N N N N N N Navient Student Loan Trust N/A 63942EAA6 353937.05000000 PA USD 305016.61000000 0.373603558106 Long ABS-O CORP US N 2 2069-12-16 Fixed 0.97000000 N N N N N N CAMB Commercial Mortgage Trust N/A 12482HAL8 1006000.00000000 PA USD 994609.67000000 1.218260578132 Long ABS-MBS CORP US N 2 2037-12-15 Floating 7.41000000 N N N N N N William Morris Endeavor Entertainment, LLC 5493008R7J9HEQ30DZ33 96925HAF9 176313.99000000 PA USD 176645.46000000 0.216366486989 Long LON CORP US N 2 2025-05-18 Variable 8.22000000 N N N N N N DELTA AIR LINES/SKYMILES N/A 830867AA5 356666.00000000 PA USD 351246.69000000 0.430229072301 Long DBT CORP XX N 2 2025-10-20 Fixed 4.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3128MJMW7 268730.21000000 PA USD 268765.45000000 0.329200853737 Long ABS-MBS USGSE US N 2 2039-11-01 Fixed 4.50000000 N N N N N N AT&T INC 549300Z40J86GGSTL398 00206RML3 565000.00000000 PA USD 528602.05000000 0.647465089531 Long DBT CORP US N 2 2026-03-25 Fixed 1.70000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140XMRL2 808519.37000000 PA USD 822252.69000000 1.007146891594 Long ABS-MBS USGSE US N 2 2053-10-01 Fixed 6.00000000 N N N N N N Fannie Mae - CAS N/A 207932AA2 368880.21000000 PA USD 375962.67000000 0.460502761561 Long ABS-MBS USGSE US N 2 2042-12-25 Floating 7.74000000 N N N N N N State Street Global Advisors 549300BZ5TGIFZUZDZ37 857492706 4591540.60000000 NS USD 4591540.60000000 5.624008165812 Long STIV RF US N 2 N N N Whitebox CLO III Ltd 549300JXCQSPB1A61C68 96467HAA4 1125000.00000000 PA USD 1122777.90000000 1.375249100050 Long ABS-CBDO CORP KY N 2 2034-10-15 Floating 6.88000000 N N N N N N Fannie Mae - CAS N/A 20753XAB0 395000.00000000 PA USD 412677.99000000 0.505473998337 Long ABS-MBS USGSE US N 2 2042-03-25 Floating 8.84000000 N N N N N N ASCENT RESOURCES/ARU FIN N/A 04364VAU7 90000.00000000 PA USD 83731.79000000 0.102559970981 Long DBT CORP US N 2 2029-06-30 Fixed 5.88000000 N N N N N N Ellington Financial Mortgage Trust N/A 31573CAA3 232435.65000000 PA USD 195041.17000000 0.238898711415 Long ABS-MBS CORP US N 2 2067-01-25 Variable 2.21000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3138WAHE0 41637.81000000 PA USD 41335.10000000 0.050629834338 Long ABS-MBS USGSE US N 2 2043-11-01 Fixed 4.50000000 N N N N N N CSAIL Commercial Mortgage Trust 549300FU8TZDHFLQZL50 12636LBA7 14325684.85000000 PA USD 183426.07000000 0.224671805254 Long ABS-MBS CORP US N 2 2048-11-15 Variable 0.89000000 N N N N N N N/A N/A 000000000 -79.00000000 NC USD -213689.94000000 -0.26174089966 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT 5 Year U.S. Treasury Notes FVH4 Comdty 2024-03-28 -8379411.66000000 USD -213689.94000000 N N N Fannie Mae - CAS N/A 20754RAB2 236000.00000000 PA USD 235848.25000000 0.288881793595 Long ABS-MBS USGSE US N 2 2041-10-25 Floating 6.89000000 N N N N N N Verus Securitization Trust N/A 92539LAC4 419284.23000000 PA USD 347718.91000000 0.425908025129 Long ABS-MBS CORP US N 2 2066-06-25 Variable 1.44000000 N N N N N N SUNNOVA ENERGY CORP 549300TH3GCD8YQUDR46 86745GAF0 90000.00000000 PA USD 76613.40000000 0.093840918494 Long DBT CORP US N 2 2026-09-01 Fixed 5.88000000 N N N N N N BX Trust N/A 05609VAL9 1150000.00000000 PA USD 1105241.08000000 1.353768898201 Long ABS-MBS CORP US N 2 2036-09-15 Floating 7.13000000 N N N N N N N/A N/A 000000000 -6.00000000 NC USD -77543.91000000 -0.09498066575 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CME Ultra Long Term U.S. Treasury Bond Futures WNH4 Comdty 2024-03-19 -724018.59000000 USD -77543.91000000 N N N Signal Peak CLO, LLC 549300SC4HK60KIV1S28 56844XBN8 500000.00000000 PA USD 490343.95000000 0.600604158625 Long ABS-CBDO CORP US N 2 2029-04-20 Floating 8.53000000 N N N N N N Citigroup Commercial Mortgage Trust N/A 17291NAE1 100000.00000000 PA USD 98275.65000000 0.120374206883 Long ABS-MBS CORP US N 2 2040-10-12 Variable 5.85000000 N N N N N N Navient Student Loan Trust N/A 63942JAA5 55216.13000000 PA USD 47859.15000000 0.058620901753 Long ABS-O CORP US N 2 2069-10-15 Fixed 1.06000000 N N N N N N Sierra Receivables Funding Co LLC N/A 826525AC1 66304.69000000 PA USD 63694.15000000 0.078016607261 Long ABS-O CORP US N 2 2037-07-20 Fixed 3.51000000 N N N N N N Auxilior Term Funding LLC N/A 05335JAB9 183000.00000000 PA USD 183668.22000000 0.224968405828 Long ABS-O CORP US N 2 2028-12-15 Fixed 6.18000000 N N N N N N Gates Global LLC 549300XI79MQJV13DW27 36740UAT9 49309.46000000 PA USD 49340.52000000 0.060435377046 Long LON CORP US N 2 2027-03-31 Variable 7.96000000 N N N N N N Avis Budget Rental Car Funding AESOP LLC IHXLB8SL0QWSSG2VG640 05377RES9 258000.00000000 PA USD 230243.72000000 0.282017012200 Long ABS-O CORP US N 2 2028-02-20 Fixed 1.90000000 N N N N N N BANCO SANTANDER SA 5493006QMFDDMYWIAM13 05964HAR6 1220000.00000000 PA USD 1212947.63000000 1.485694665494 Long DBT CORP ES N 2 2025-08-18 Fixed 5.15000000 N N N N N N MAUSER PACKAGING SOLUT 549300DNGHXL0OMHW304 57763RAB3 120000.00000000 PA USD 122121.72000000 0.149582375576 Long DBT CORP US N 2 2026-08-15 Fixed 7.88000000 N N N N N N CROWN CASTLE TOWERS LLC N/A 22822RBD1 1400000.00000000 PA USD 1358303.10000000 1.663735201655 Long DBT CORP US N 2 2025-05-15 Fixed 3.66000000 N N N N N N TransDigm Inc 88Q84GB3X55CF5OC7582 893647BE6 200000.00000000 PA USD 199654.46000000 0.244549359616 Long DBT CORP US N 2 2026-03-15 Fixed 6.25000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418EM23 203035.61000000 PA USD 206620.79000000 0.253082159436 Long ABS-MBS USGSE US N 2 2052-12-01 Fixed 6.00000000 N N N N N N JP Morgan Mortgage Trust 5299007DSRZLE19EYU93 465985AB5 75000.00000000 PA USD 75000.00000000 0.091864724540 Long ABS-O CORP US N 2 2054-05-25 Floating 7.44000000 N N N N N N Freddie Mac - STACR S6XOOCT0IEG5ABCC6L87 3137G0MD8 577205.26000000 PA USD 596099.96000000 0.730140781654 Long ABS-MBS USGSE US N 2 2029-07-25 Floating 8.70000000 N N N N N N SOLARIS MIDSTREAM HOLDIN 5493007AWQW8ZKCHVV46 83419MAA0 160000.00000000 PA USD 162152.48000000 0.198614572116 Long DBT CORP US N 2 2026-04-01 Fixed 7.63000000 N N N N N N CAMB Commercial Mortgage Trust N/A 12482HAQ7 130000.00000000 PA USD 124698.12000000 0.152738112593 Long ABS-MBS CORP US N 2 2037-12-15 Floating 8.21000000 N N N N N N Ingram Micro Inc. 549300KJMEWPKRQZHX63 45258FAC4 0.00000000 PA USD 0.00000000 0.000000 Long LON CORP US N 3 2028-06-30 Variable 8.61000000 N N N N N N Fannie Mae - CAS N/A 20755DAA4 651840.79000000 PA USD 668523.09000000 0.818849193491 Long ABS-MBS USGSE US N 2 2042-07-25 Floating 7.89000000 N N N N N N 1011778 BC / NEW RED FIN N/A 68245XAH2 50000.00000000 PA USD 47236.16000000 0.057857824356 Long DBT CORP CA N 2 2028-01-15 Fixed 3.88000000 N N N N N N Madison Avenue Trust N/A 556227AA4 800000.00000000 PA USD 718889.92000000 0.880541659677 Long ABS-MBS CORP US N 2 2035-09-10 Variable 3.55000000 N N N N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 097023CM5 480000.00000000 PA USD 452585.38000000 0.554355083530 Long DBT CORP US N 2 2027-02-01 Fixed 2.70000000 N N N N N N Taubman Centers Commercial Mortgage Trust N/A 87666YAA5 100000.00000000 PA USD 99403.35000000 0.121755484882 Long ABS-MBS CORP US N 2 2037-05-15 Floating 7.55000000 N N N N N N PARK INTERMED HOLDINGS N/A 70052LAC7 150000.00000000 PA USD 138845.40000000 0.170066592329 Long DBT US N 2 2029-05-15 Fixed 4.88000000 N N N N N N TAL Advantage VII LLC N/A 87407RAA4 210141.25000000 PA USD 190701.86000000 0.233583651177 Long ABS-O CORP US N 2 2045-09-20 Fixed 2.05000000 N N N N N N XHR LP 549300M88BPT83ZL2164 98372MAA3 130000.00000000 PA USD 129670.45000000 0.158828535604 Long DBT US N 2 2025-08-15 Fixed 6.38000000 N N N N N N HERTZ CORP/THE 549300PD0C69OJ0NLB27 428040DA4 90000.00000000 PA USD 80688.56000000 0.098832431173 Long DBT CORP US N 2 2026-12-01 Fixed 4.63000000 N N N N N N Gen Digital, Inc. YF6ZV0M6AU4FY94MK914 66877AAD0 80092.41000000 PA USD 80117.24000000 0.098132642447 Long LON CORP US N 2 2029-09-12 Floating 7.46000000 N N N N N N GCAT N/A 36167VAA2 187759.61000000 PA USD 177216.48000000 0.217065908256 Long ABS-MBS CORP US N 2 2059-11-25 Variable 3.69000000 N N N N N N GENERAL MOTORS FINL CO 5493008B6JBRUJ90QL97 37045XCX2 530000.00000000 PA USD 509583.68000000 0.624170191914 Long DBT CORP US N 2 2025-06-20 Fixed 2.75000000 N N N N N N Select Medical Corp. 549300X05KS0JKR8CB50 816194AX2 179100.00000000 PA USD 178931.65000000 0.219166756517 Long LON CORP US N 2 2027-03-06 Variable 8.36000000 N N N N N N BENCHMARK Mortgage Trust N/A 08163WAF2 118000.00000000 PA USD 122727.02000000 0.150323785146 Long ABS-MBS CORP US N 2 2056-12-15 Variable 6.58000000 N N N N N N MSWF Commercial Mortgage Trust N/A 55361AAZ7 29000.00000000 PA USD 29740.25000000 0.036427731653 Long ABS-MBS CORP US N 2 2056-12-15 Variable 7.25000000 N N N N N N American Airlines, Inc. IWUQB36BXD6OWD6X4T14 02376CBJ3 81000.00000000 PA USD 83101.14000000 0.101787511134 Long LON CORP KY N 2 2028-04-20 Variable 10.43000000 N N N N N N CIVITAS RESOURCES INC IIVIHPH28S64K95M2381 17888HAC7 165000.00000000 PA USD 175019.13000000 0.214374455557 Long DBT CORP US N 2 2030-11-01 Fixed 8.63000000 N N N N N N ROYAL CARIBBEAN CRUISES K2NEH8QNVW44JIWK7Z55 780153BH4 120000.00000000 PA USD 115904.88000000 0.141967598321 Long DBT CORP LR N 2 2026-07-01 Fixed 4.25000000 N N N N N N HUB International Limited 549300JQT6ATTUNS5E06 44332EAW6 199499.98000000 PA USD 200252.09000000 0.245281374487 Long LON CORP US N 2 2030-06-20 Variable 9.66000000 N N N N N N ASSUREDPARTNERS INC 549300HNDSDQWQ3L2P80 04624VAB5 180000.00000000 PA USD 168038.69000000 0.205824372920 Long DBT CORP US N 2 2029-01-15 Fixed 5.63000000 N N N N N N US BANCORP N1GZ7BBF3NP8GI976H15 91159HJH4 750000.00000000 PA USD 754851.56000000 0.924589741712 Long DBT CORP US N 2 2026-10-21 Fixed 5.73000000 N N N N N N CyrusOne Data Centers Issuer I LLC N/A 23284BAA2 90000.00000000 PA USD 82196.95000000 0.100680002264 Long ABS-O CORP US N 2 2048-04-20 Fixed 4.30000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132DN3S0 339643.69000000 PA USD 341730.97000000 0.418573619013 Long ABS-MBS USGSE US N 2 2052-09-01 Fixed 5.50000000 N N N N N N Avolon TLB Borrower 1 (US) LLC 635400O84AGITYFZQB55 05400KAJ9 249375.00000000 PA USD 249759.04000000 0.305920605481 Long LON CORP US N 2 2028-06-22 Variable 7.36000000 N N N N N N Fannie Mae - CAS N/A 20755DAB2 43000.00000000 PA USD 45053.24000000 0.055184046430 Long ABS-MBS USGSE US N 2 2042-07-25 Floating 8.94000000 N N N N N N Angel Oak Mortgage Trust N/A 03464VAA2 97579.09000000 PA USD 94129.92000000 0.115296255624 Long ABS-MBS CORP US N 2 2059-11-25 Variable 2.62000000 N N N N N N CAMELOT RETURN MERGER SU N/A 13323NAA0 160000.00000000 PA USD 162404.66000000 0.198923458066 Long DBT CORP US N 2 2028-08-01 Fixed 8.75000000 N N N N N N MSWF Commercial Mortgage Trust N/A 55361AAE4 10000.00000000 PA USD 6130.87000000 0.007509475783 Long ABS-MBS CORP US N 2 2056-12-15 Fixed 4.00000000 N N N N N N CAPITAL ONE FINANCIAL CO ZUE8T73ROZOF6FLBAR73 14040HCZ6 495000.00000000 PA USD 507825.43000000 0.622016576555 Long DBT CORP US N 2 2029-06-08 Fixed 6.31000000 N N N N N N Petco Health and Wellness Company, Inc. 2549007TYGV6RVSE9M61 71601HAB2 87798.50000000 PA USD 82820.33000000 0.101443557357 Long LON CORP US N 2 2028-03-03 Variable 8.86000000 N N N N N N CyrusOne Data Centers Issuer I LLC N/A 23284BAE4 121000.00000000 PA USD 115178.11000000 0.141077404643 Long ABS-O CORP US N 2 2048-11-20 Fixed 5.56000000 N N N N N N Fort Washington CLO N/A 34918RAA8 565000.00000000 PA USD 565615.85000000 0.692801923413 Long ABS-CBDO CORP KY N 2 2034-10-20 Floating 6.90000000 N N N N N N Manhattan West N/A 563136AJ9 214000.00000000 PA USD 180075.16000000 0.220567399600 Long ABS-MBS CORP US N 2 2039-09-10 Variable 2.33000000 N N N N N N Dell Equipment Finance Trust N/A 24702EAC4 100000.00000000 PA USD 101836.86000000 0.124736201226 Long ABS-O CORP US N 2 2029-04-23 Fixed 5.93000000 N N N N N N NEW FORTRESS ENERGY INC 254900EICTYTCHA5X705 644393AB6 255000.00000000 PA USD 244902.74000000 0.299972303324 Long DBT CORP US N 2 2026-09-30 Fixed 6.50000000 N N N N N N Jeld-Wen Inc 549300XWE6NM0N1HFW16 475795AC4 105000.00000000 PA USD 101587.50000000 0.124430769390 Long DBT CORP US N 2 2025-12-15 Fixed 4.63000000 N N N N N N LINDBLAD EXPEDITIONS LLC 549300MPUWOG67Y2R254 53523LAA8 140000.00000000 PA USD 139300.00000000 0.170623415046 Long DBT CORP US N 2 2027-02-15 Fixed 6.75000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132DWFJ7 174750.25000000 PA USD 177835.91000000 0.217824625141 Long ABS-MBS USGSE US N 2 2052-10-01 Fixed 6.00000000 N N N N N N BOEING CO RVHJWBXLJ1RFUBSY1F30 097023DG7 685000.00000000 PA USD 647247.52000000 0.792789535125 Long DBT CORP US N 2 2026-02-04 Fixed 2.20000000 N N N N N N BB-UBS Trust N/A 05538UAA1 235000.00000000 PA USD 215679.38000000 0.264177691103 Long ABS-MBS CORP US N 2 2036-11-05 Fixed 3.43000000 N N N N N N OLYMPUS WTR US HLDG CORP 549300YU2GGVCBN3MY89 16308NAA2 160000.00000000 PA USD 160179.20000000 0.196197574468 Long DBT CORP US N 2 2027-10-01 Fixed 7.13000000 N N N N N N Hilton Grand Vacations Trust N/A 43283GAA0 69696.53000000 PA USD 67796.87000000 0.083041877163 Long ABS-O CORP US N 2 2037-01-25 Fixed 4.30000000 N N N N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 29273VAR1 485000.00000000 PA USD 498621.23000000 0.610742692587 Long DBT CORP US N 2 2026-12-01 Fixed 6.05000000 N N N N N N WF-RBS Commercial Mortgage Trust 549300QGM7D5K3CV2643 96221TAH0 3281574.77000000 PA USD 191.97000000 0.000235136948 Long ABS-MBS CORP US N 2 2047-03-15 Variable 1.13000000 N N N N N N BOF URSA FUNDING N/A 097093AB4 295729.64000000 PA USD 297559.97000000 0.364470195711 Long ABS-O CORP US N 2 2032-07-26 Fixed 6.29000000 N N N N N N BANCO SANTANDER SA 5493006QMFDDMYWIAM13 05971KAE9 550000.00000000 PA USD 530643.48000000 0.649965561592 Long DBT CORP ES N 2 2025-05-28 Fixed 2.75000000 N N N N N N Towd Point Mortgage Trust N/A 89180YAA8 418171.72000000 PA USD 391090.04000000 0.479031717268 Long ABS-MBS CORP US N 2 2062-09-25 Fixed 3.75000000 N N N N N N FIVE 2023-V1 N/A 337964AG5 75000.00000000 PA USD 70412.22000000 0.086245322594 Long ABS-MBS CORP US N 2 2056-02-10 Variable 6.40000000 N N N N N N MetroNet Infrastructure Issuer LLC 5493000BIROCAEATAQ61 59170JAA6 264000.00000000 PA USD 259568.07000000 0.317935323334 Long ABS-O CORP US N 2 2052-10-20 Fixed 6.35000000 N N N N N N WARNERMEDIA HOLDINGS INC 549300DXR29GD4N0A520 55903VBA0 645000.00000000 PA USD 618026.58000000 0.756997887072 Long DBT CORP US N 2 2027-03-15 Fixed 3.76000000 N N N N N N BPR Trust N/A 05592DAL8 157000.00000000 PA USD 150678.76000000 0.184560837086 Long ABS-MBS CORP US N 2 2037-04-15 Floating 9.06000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418ER85 840089.40000000 PA USD 843485.56000000 1.033154248311 Long ABS-MBS USGSE US N 2 2053-05-01 Fixed 5.50000000 N N N N N N GLOBAL INFRASTRUCTURE SO 2549003BGLQITAJ6ZT28 37960XAA5 140000.00000000 PA USD 127847.48000000 0.156595647112 Long DBT CORP US N 2 2029-06-01 Fixed 5.63000000 N N N N N N AMERICAN AIRLINES/AADVAN N/A 00253XAB7 285000.00000000 PA USD 277807.28000000 0.340275856700 Long DBT CORP XX N 2 2029-04-20 Fixed 5.75000000 N N N N N N RRX Ltd N/A 402512AA5 1900000.00000000 PA USD 1897921.40000000 2.324693688142 Long ABS-CBDO CORP KY N 2 2034-04-15 Floating 6.98000000 N N N N N N Taco Bell Funding, LLC N/A 87342RAC8 120937.50000000 PA USD 119065.75000000 0.145839231012 Long ABS-O CORP US N 2 2046-05-25 Fixed 4.97000000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 61747YEQ4 100000.00000000 PA USD 99395.51000000 0.121745881956 Long DBT CORP US N 2 2025-04-17 Fixed 3.62000000 N N N N N N BANK OF AMERICA CORP 9DJT3UXIJIZJI4WXO774 06051GKM0 1085000.00000000 PA USD 1055225.90000000 1.292507155088 Long DBT CORP US N 2 2026-04-02 Fixed 3.38000000 N N N N N N AMERICAN AIRLINES INC IWUQB36BXD6OWD6X4T14 023771T32 140000.00000000 PA USD 141600.20000000 0.173440844905 Long DBT CORP US N 2 2028-02-15 Fixed 7.25000000 N N N N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 345397C92 65000.00000000 PA USD 67889.28000000 0.083155066752 Long DBT CORP US N 2 2028-05-12 Fixed 6.80000000 N N N N N N GS Mortgage Securities Trust N/A 36249KAG5 78628.56000000 PA USD 77733.20000000 0.095212520075 Long ABS-MBS CORP US N 2 2043-08-10 Fixed 5.15000000 N N N N N N SG Capital Partners N/A 78432YAA7 422630.93000000 PA USD 340350.52000000 0.416882756893 Long ABS-MBS CORP US N 2 2061-12-25 Variable 1.74000000 N N N N N N JP Morgan Chase Commercial Mortgage Sec Trust N/A 46655AAJ7 235000.00000000 PA USD 137474.86000000 0.168387868602 Long ABS-MBS CORP US N 2 2039-01-05 Variable 3.45000000 N N N N N N MARVELL TECHNOLOGY INC N/A 573874AP9 290000.00000000 PA USD 299627.41000000 0.367002526459 Long DBT CORP US N 2 2029-02-15 Fixed 5.75000000 N N N N N N Fannie Mae - CAS N/A 20754AAB9 410000.00000000 PA USD 404239.95000000 0.495138555400 Long ABS-MBS USGSE US N 2 2041-12-25 Floating 6.99000000 N N N N N N MARVELL TECHNOLOGY INC N/A 573874AC8 580000.00000000 PA USD 539576.27000000 0.660907005495 Long DBT CORP US N 2 2026-04-15 Fixed 1.65000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132DWGS6 1164510.97000000 PA USD 1182647.77000000 1.448581488261 Long ABS-MBS USGSE US N 2 2053-03-01 Fixed 6.00000000 N N N N N N MEDLINE BORROWER LP 254900QT3R363TVK6F09 62482BAB8 170000.00000000 PA USD 160237.99000000 0.196269584163 Long DBT CORP US N 2 2029-10-01 Fixed 5.25000000 N N N N N N N/A N/A 000000000 -16.00000000 NC USD -65906.37000000 -0.08072627367 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short CBOT 10 Year U.S. Treasury Notes TYH4 Comdty 2024-03-19 -1740343.63000000 USD -65906.37000000 N N N GS Mortgage Securities Trust 549300L45M7638EL0H21 36250GAR6 17138223.12000000 PA USD 119055.81000000 0.145827055874 Long ABS-MBS CORP US N 2 2050-05-10 Variable 0.72000000 N N N N N N Taubman Centers Commercial Mortgage Trust N/A 87666YAE7 123000.00000000 PA USD 120418.53000000 0.147496201173 Long ABS-MBS CORP US N 2 2037-05-15 Floating 9.14000000 N N N N N N BENCHMARK Mortgage Trust N/A 08162MBD9 114000.00000000 PA USD 82643.68000000 0.101227185309 Long ABS-MBS CORP US N 2 2053-03-15 Variable 3.37000000 N N N N N N AERCAP IRELAND CAP/GLOBA N/A 00774MAN5 540000.00000000 PA USD 546841.92000000 0.669806431307 Long DBT CORP IE N 2 2025-07-15 Fixed 6.50000000 N N N N N N BROADCOM CRP / CAYMN FI N/A 11134LAH2 750000.00000000 PA USD 731929.40000000 0.896513236188 Long DBT CORP XX N 2 2027-01-15 Fixed 3.88000000 N N N N N N ORACLE CORP 1Z4GXXU7ZHVWFCD8TV52 68389XCC7 1415000.00000000 PA USD 1320020.39000000 1.616844126870 Long DBT CORP US N 2 2026-03-25 Fixed 1.65000000 N N N N N N Barclays Commercial Mortgage Securities LLC N/A 054976AG0 1022255.56000000 PA USD 78282.70000000 0.095885582290 Long ABS-MBS CORP US N 2 2055-09-15 Variable 1.15000000 N N N N N N VISTAJET MALTA/VM HOLDS N/A 92840JAD1 65000.00000000 PA USD 55905.62000000 0.068476725087 Long DBT CORP XX N 2 2027-05-01 Fixed 7.88000000 N N N N N N DELTA AIR LINES INC Q2CCMS6R0AS67HJMBN42 247361ZX9 140000.00000000 PA USD 142437.70000000 0.174466667662 Long DBT CORP US N 2 2025-05-01 Fixed 7.00000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132DPAU2 207153.26000000 PA USD 208517.04000000 0.255404805888 Long ABS-MBS USGSE US N 2 2052-10-01 Fixed 5.50000000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 46647PBF2 700000.00000000 PA USD 682096.28000000 0.835474491631 Long DBT CORP US N 2 2025-10-15 Fixed 2.30000000 N N N N N N AMERICAN TOWER TRUST I 5493004YGM0MQZJOEJ36 03027WAM4 216000.00000000 PA USD 219087.98000000 0.268352759104 Long DBT US N 2 2028-03-15 Fixed 5.49000000 N N N N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 03027XBR0 1305000.00000000 PA USD 1188962.62000000 1.456316314338 Long DBT US N 2 2026-09-15 Fixed 1.45000000 N N N N N N GS Mortgage Securities Trust 549300WF5YRKNHB1FX69 36198EAG0 12201920.12000000 PA USD 122.02000000 0.000149457782 Long ABS-MBS CORP US N 2 2046-07-10 Variable 0.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3138EGFA7 385037.80000000 PA USD 383814.92000000 0.470120692004 Long ABS-MBS USGSE US N 2 2041-05-01 Fixed 4.50000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31418EKV1 181312.72000000 PA USD 182557.71000000 0.223608183225 Long ABS-MBS USGSE US N 2 2052-11-01 Fixed 5.50000000 N N N N N N Morgan Stanley Capital I Trust N/A 61691RAK2 70000.00000000 PA USD 58473.83000000 0.071622430477 Long ABS-MBS CORP US N 2 2051-12-15 Variable 5.06000000 N N N N N N Freddie Mac - STACR 5493000IRODEKU3J3Q16 35564KTJ8 320000.00000000 PA USD 341247.90000000 0.417981924447 Long ABS-MBS USGSE US N 2 2042-03-25 Floating 10.59000000 N N N N N N JPMORGAN CHASE & CO 8I5DZWZKVSZI1NUHU748 46647PCZ7 505000.00000000 PA USD 496783.67000000 0.608491933344 Long DBT CORP US N 2 2026-04-26 Fixed 4.08000000 N N N N N N Stack Infrastructure Issuer LLC N/A 85236KAK8 167000.00000000 PA USD 165596.93000000 0.202833551456 Long ABS-O CORP US N 2 2048-10-25 Fixed 5.90000000 N N N N N N MADISON IAQ LLC 549300IXDNBXNHUPBU73 55760LAA5 90000.00000000 PA USD 81822.64000000 0.100221523797 Long DBT CORP US N 2 2028-06-30 Fixed 4.13000000 N N N N N N ENERGY TRANSFER LP MTLVN9N7JE8MIBIJ1H73 226373AP3 35000.00000000 PA USD 35014.00000000 0.042887352867 Long DBT CORP US N 2 2025-04-01 Fixed 5.75000000 N N N N N N LEVEL 3 FINANCING INC 254900AE5FEFIJOXWL19 527298BS1 220000.00000000 PA USD 111777.82000000 0.136912515253 Long DBT CORP US N 2 2029-01-15 Fixed 3.63000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3132DWGZ0 1217492.13000000 PA USD 1222624.44000000 1.497547431962 Long ABS-MBS USGSE US N 2 2053-04-01 Fixed 5.50000000 N N N N N N WARNERMEDIA HOLDINGS INC 549300DXR29GD4N0A520 55903VBG7 1010000.00000000 PA USD 1010686.41000000 1.237952382020 Long DBT CORP US N 2 2026-03-15 Fixed 6.41000000 N N N N N N Frontier Issuer LLC N/A 35910EAA2 160000.00000000 PA USD 159170.54000000 0.194962104161 Long ABS-O CORP US N 2 2053-08-20 Fixed 6.60000000 N N N N N N Fannie Mae - CAS N/A 20755AAC6 127000.00000000 PA USD 133057.27000000 0.162976926088 Long ABS-MBS USGSE US N 2 2043-01-25 Floating 8.69000000 N N N N N N Dell Equipment Finance Trust N/A 24702HAC7 153073.60000000 PA USD 153092.80000000 0.187517705348 Long ABS-O CORP US N 2 2028-09-22 Fixed 5.65000000 N N N N N N MPLX LP 5493000CZJ19CK4P3G36 55336VAJ9 660000.00000000 PA USD 655662.32000000 0.803096512245 Long DBT CORP US N 2 2025-06-01 Fixed 4.88000000 N N N N N N 37 Capital CLO Ltd 549300GZ8MP9ZGVMJ424 88430TAA9 1125000.00000000 PA USD 1119518.33000000 1.371256573381 Long ABS-CBDO CORP KY N 2 2034-10-15 Floating 6.86000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3140QQTM7 369061.57000000 PA USD 375507.15000000 0.459944811970 Long ABS-MBS USGSE US N 2 2052-11-01 Fixed 6.00000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3138WBTE5 82998.53000000 PA USD 82379.04000000 0.100903037566 Long ABS-MBS USGSE US N 2 2044-05-01 Fixed 4.50000000 N N N N N N NEW FORTRESS ENERGY INC 254900EICTYTCHA5X705 644393AA8 210000.00000000 PA USD 208324.47000000 0.255168934021 Long DBT CORP US N 2 2025-09-15 Fixed 6.75000000 N N N N N N MVW Owner Trust N/A 55400KAB1 195324.81000000 PA USD 178680.89000000 0.218859609873 Long ABS-O CORP US N 2 2039-05-20 Fixed 1.83000000 N N N N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 345397B93 160000.00000000 PA USD 140129.44000000 0.171639365408 Long DBT CORP US N 2 2029-02-10 Fixed 2.90000000 N N N N N N Sierra Receivables Funding Co LLC N/A 82653EAC1 66377.68000000 PA USD 65679.34000000 0.080448193028 Long ABS-O CORP US N 2 2036-01-20 Fixed 3.77000000 N N N N N N BENCHMARK Mortgage Trust N/A 08163WAG0 44000.00000000 PA USD 45688.36000000 0.055961981414 Long ABS-MBS CORP US N 2 2056-12-15 Variable 7.64000000 N N N N N N NEXTERA ENERGY CAPITAL UMI46YPGBLUE4VGNNT48 65339KBS8 900000.00000000 PA USD 908514.70000000 1.112806035421 Long DBT CORP US N 2 2025-09-01 Fixed 5.75000000 N N N N N N ENBRIDGE INC 98TPTUM4IVMFCZBCUR27 29250NBW4 175000.00000000 PA USD 179674.43000000 0.220076560252 Long DBT CORP CA N 2 2026-11-15 Fixed 5.90000000 N N N N N N Trestles CLO LTD N/A 89532TAL0 500000.00000000 PA USD 491252.50000000 0.601717007898 Long ABS-CBDO CORP KY N 2 2033-01-20 Floating 8.93000000 N N N N N N GOLDMAN SACHS GROUP INC 784F5XWPLTWKTBV3E584 38141GYM0 1655000.00000000 PA USD 1514028.01000000 1.854476881138 Long DBT CORP US N 2 2027-10-21 Fixed 1.95000000 N N N N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 345397C35 190000.00000000 PA USD 200364.28000000 0.245418791866 Long DBT CORP US N 2 2027-11-04 Fixed 7.35000000 N N N N N N Sierra Receivables Funding Co LLC N/A 82650BAC0 98117.35000000 PA USD 100324.08000000 0.122883252986 Long ABS-O CORP US N 2 2040-04-20 Fixed 7.30000000 N N N N N N INTOWN 2022-STAY N/A 46117NAA0 217000.00000000 PA USD 217680.01000000 0.266628188755 Long ABS-MBS CORP US N 2 2039-08-15 Floating 7.85000000 N N N N N N VOC Escrow Ltd N/A 91832VAA2 130000.00000000 PA USD 124516.48000000 0.152515628479 Long DBT CORP BM N 2 2028-02-15 Fixed 5.00000000 N N N N N N Barclays Commercial Mortgage Securities LLC N/A 05493MAG9 5341749.05000000 PA USD 374613.12000000 0.458849747707 Long ABS-MBS CORP US N 2 2054-09-15 Variable 1.37000000 N N N N N N Navient Student Loan Trust N/A 63942GAA1 325009.17000000 PA USD 276768.12000000 0.339003028072 Long ABS-O CORP US N 2 2070-02-18 Fixed 1.11000000 N N N N N N Carnival Corporation F1OF2ZSX47CR0BCWA982 000000000 154225.00000000 PA USD 154353.01000000 0.189061289942 Long LON CORP PA N 2 2027-08-08 Variable 8.36000000 N N N N N N ASCENT RESOURCES/ARU FIN N/A 04364VAG8 220000.00000000 PA USD 221390.18000000 0.271172638689 Long DBT CORP US N 2 2026-11-01 Fixed 7.00000000 N N N N N N COMSTOCK RESOURCES INC I03QQGEA4SS774AURI46 205768AS3 130000.00000000 PA USD 118885.94000000 0.145618988397 Long DBT CORP US N 2 2029-03-01 Fixed 6.75000000 N N N N N N FORD MOTOR CREDIT CO LLC UDSQCVRUX5BONN0VY111 345397D26 20000.00000000 PA USD 20516.47000000 0.025129864867 Long DBT CORP US N 2 2026-06-10 Fixed 6.95000000 N N N N N N Freddie Mac Multiclass Certificates S6XOOCT0IEG5ABCC6L87 3137FQY23 1500000.00000000 PA USD 105501.90000000 0.129225373093 Long ABS-MBS USGSE US N 2 2028-09-27 Variable 1.82000000 N N N N N N ONEMAIN FINANCE CORP 5493008I795YYBFWFU90 682691AB6 260000.00000000 PA USD 240615.49000000 0.294721009454 Long DBT CORP US N 2 2027-01-15 Fixed 3.50000000 N N N N N N Freddie Mac S6XOOCT0IEG5ABCC6L87 3128MDSR5 92240.70000000 PA USD 90060.93000000 0.110312300350 Long ABS-MBS USGSE US N 2 2026-05-01 Fixed 3.50000000 N N N N N N STAR PARENT, INC. 254900GRGCJYRMDRWT73 87169DAB1 210000.00000000 PA USD 207286.80000000 0.253897930438 Long LON CORP US N 2 2030-09-27 Variable 9.35000000 N N N N N N CIVITAS RESOURCES INC IIVIHPH28S64K95M2381 17888HAA1 485000.00000000 PA USD 506313.33000000 0.620164461222 Long DBT CORP US N 2 2028-07-01 Fixed 8.38000000 N N N N N N GCAT N/A 36168KAA5 437098.22000000 PA USD 348102.27000000 0.426377588606 Long ABS-MBS CORP US N 2 2066-07-25 Variable 1.26000000 N N N N N N SUNNOVA ENERGY CORP 549300TH3GCD8YQUDR46 86745GAG8 240000.00000000 PA USD 218400.00000000 0.267510077862 Long DBT CORP US N 2 2028-10-01 Fixed 11.75000000 N N N N N N Dominion Energy Inc ILUL7B6Z54MRYCF6H308 25746UCK3 465000.00000000 PA USD 438051.11000000 0.536552594064 Long DBT CORP US N 2 2026-08-15 Fixed 2.85000000 N N N N N N Citigroup Commercial Mortgage Trust N/A 29429CAB1 9357.66000000 PA USD 9076.69000000 0.011117701687 Long ABS-MBS CORP US N 2 2049-04-15 Fixed 2.74000000 N N N N N N L3HARRIS TECH INC 549300UTE50ZMDBG8A20 502431AP4 1465000.00000000 PA USD 1495397.07000000 1.831656532191 Long DBT CORP US N 2 2027-01-15 Fixed 5.40000000 N N N N N N AMERICAN TOWER CORP 5493006ORUSIL88JOE18 03027XBL3 405000.00000000 PA USD 374361.31000000 0.458541314957 Long DBT US N 2 2026-04-15 Fixed 1.60000000 N N N N N N FOX CORP 549300DDU6FDRBIELS05 35137LAM7 550000.00000000 PA USD 535394.45000000 0.655784848930 Long DBT CORP US N 2 2025-04-07 Fixed 3.05000000 N N N N N N MORGAN STANLEY IGJSJL3JD5P30I6NJZ34 61747YEA9 1200000.00000000 PA USD 1173100.16000000 1.436886974092 Long DBT CORP US N 2 2025-05-30 Fixed 0.79000000 N N N N N N PFS Financing Corp. N/A 69335PDZ5 1195000.00000000 PA USD 1176610.50000000 1.441186659654 Long ABS-O CORP US N 2 2026-04-15 Fixed 0.71000000 N N N N N N HarborView Mortgage Loan Trust N/A 41161PEM1 88841.49000000 PA USD 81920.97000000 0.100341964575 Long ABS-MBS CORP US N 2 2034-06-19 Floating 6.58000000 N N N N N N CCG Receivables Trust N/A 12511QAB5 204000.00000000 PA USD 207378.48000000 0.254010225877 Long ABS-O CORP US N 2 2032-04-14 Fixed 6.28000000 N N N N N N Prestige Auto Receivables Trust N/A 74113XAF3 565000.00000000 PA USD 519515.30000000 0.636335065721 Long ABS-O CORP US N 2 2028-02-15 Fixed 2.08000000 N N N N N N Fannie Mae - CAS N/A 20754MCB1 245000.00000000 PA USD 265285.88000000 0.324938857209 Long ABS-MBS USGSE US N 2 2042-06-25 Floating 9.99000000 N N N N N N ORACLE CORP 1Z4GXXU7ZHVWFCD8TV52 68389XCF0 100000.00000000 PA USD 101559.24000000 0.124396154762 Long DBT CORP US N 2 2025-11-10 Fixed 5.80000000 N N N N N N APX GROUP INC 549300OMQVKPRU98OE64 00213MAV6 260000.00000000 PA USD 259350.00000000 0.317668217461 Long DBT CORP US N 2 2027-02-15 Fixed 6.75000000 N N N N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 172967MF5 1070000.00000000 PA USD 1061802.89000000 1.300563066750 Long DBT CORP US N 2 2025-04-24 Fixed 3.35000000 N N N N N N Milos CLO, LTD 254900GFWI4EEB8IJS18 60162PAL6 500000.00000000 PA USD 491288.90000000 0.601761592911 Long ABS-CBDO CORP KY N 2 2030-10-20 Floating 8.43000000 N N N N N N Morgan Stanley BAML Trust 549300PFVBG5704L7K74 61762DAZ4 97628.62000000 PA USD 75982.16000000 0.093067735978 Long ABS-MBS CORP US N 2 2046-05-15 Variable 3.71000000 N N N N N N Fannie Mae - CAS N/A 20754LAB5 460000.00000000 PA USD 460717.83000000 0.564316220585 Long ABS-MBS USGSE US N 2 2041-12-25 Floating 7.24000000 N N N N N N GENESIS ENERGY LP/FIN N/A 37185LAP7 150000.00000000 PA USD 154356.75000000 0.189065870929 Long DBT CORP US N 2 2029-01-15 Fixed 8.25000000 N N N N N N EQM MIDSTREAM PARTNERS L 549300NELT611CL6XM83 26885BAM2 90000.00000000 PA USD 92735.73000000 0.113588563886 Long DBT CORP US N 2 2027-06-01 Fixed 7.50000000 N N N N N N N/A N/A 000000000 -10.00000000 NC USD -57363.35000000 -0.07026224461 N/A DIR US N 1 Chicago Board of Trade 549300EX04Q2QBFQTQ27 Short Ultra 10-Year U.S. Treasury Notes Futures UXYH4 Comdty 2024-03-19 -1122792.90000000 USD -57363.35000000 N N N WELLS FARGO & COMPANY PBLD0EJDB5FWOLXP3B76 95000U2X0 1100000.00000000 PA USD 1078172.25000000 1.320613290047 Long DBT CORP US N 2 2026-04-25 Fixed 3.91000000 N N N N N N 2024-01-31 NEUBERGER BERMAN ADVISERS MANAGEMENT TRUST John McGovern John McGovern Treasurer