0001752724-25-127931.txt : 20250529
0001752724-25-127931.hdr.sgml : 20250529
20250529123632
ACCESSION NUMBER: 0001752724-25-127931
CONFORMED SUBMISSION TYPE: NPORT-P
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20250331
FILED AS OF DATE: 20250529
DATE AS OF CHANGE: 20250529
PERIOD START: 20250331
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Tributary Funds, Inc.
CENTRAL INDEX KEY: 0000932381
ORGANIZATION NAME:
EIN: 000000000
STATE OF INCORPORATION: NE
FISCAL YEAR END: 0331
FILING VALUES:
FORM TYPE: NPORT-P
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-08846
FILM NUMBER: 251000148
BUSINESS ADDRESS:
STREET 1: 1620 DODGE STREET
STREET 2: STOP 1075
CITY: OMAHA
STATE: NE
ZIP: 68197
BUSINESS PHONE: 1-800-662-4203
MAIL ADDRESS:
STREET 1: 1620 DODGE STREET
STREET 2: STOP 1075
CITY: OMAHA
STATE: NE
ZIP: 68197
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST FOCUS FUNDS INC
DATE OF NAME CHANGE: 20010731
FORMER COMPANY:
FORMER CONFORMED NAME: FIRST OMAHA FUNDS INC
DATE OF NAME CHANGE: 19941103
0000932381
S000022136
Balanced Fund
C000063510
Institutional
FOBAX
C000091256
Institutional Plus
FOBPX
NPORT-P
1
primary_doc.xml
NPORT-P
false
0000932381
XXXXXXXX
S000022136
C000063510
C000091256
TRIBUTARY CAPITAL MANAGEMENT, LLC
811-08846
0000932381
2549000T9YMVQWFGOI81
1620 DODGE STREET
OMAHA
68197
800-662-4203
TRIBUTARY BALANCED FUND
S000022136
254900MJ8XBXLU792078
2025-03-31
2025-03-31
N
78688279.16
149038.82
78539240.34
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
NMEF Funding LLC
N/A
NMEF Funding, LLC
62919UAB9
102919.26000000
PA
USD
103168.97000000
0.131359775767
Long
ABS-CBDO
CORP
US
Y
2
2031-12-15
Fixed
5.15000000
N
N
N
N
N
N
Greensky Home Improvement Issu
N/A
GreenSky Home Improvement Trust
39571MAD0
67382.53000000
PA
USD
68226.64000000
0.086869493140
Long
ABS-CBDO
CORP
US
Y
2
2059-06-25
Fixed
5.67000000
N
N
N
N
N
N
MCDONALD'S CORP
UE2136O97NLB5BYP9H04
McDonald's Corp.
58013MFM1
330000.00000000
PA
USD
294039.07000000
0.374384917306
Long
DBT
CORP
US
N
2
2030-03-01
Fixed
2.12500000
N
N
N
N
N
N
Amgen Inc
62QBXGPJ34PQ72Z12S66
Amgen, Inc.
031162100
1830.00000000
NS
USD
570136.50000000
0.725925661531
Long
EC
CORP
US
N
1
N
N
N
Manhattan Associates Inc
529900Q1GJP7KD52SW51
Manhattan Associates, Inc.
562750109
1790.00000000
NS
USD
309741.60000000
0.394378146082
Long
EC
CORP
US
N
1
N
N
N
Chubb Ltd
E0JAN6VLUDI1HITHT809
Chubb, Ltd.
H1467J104
1870.00000000
NS
USD
564721.30000000
0.719030764182
Long
EC
CORP
CH
N
1
N
N
N
Sun Communities Inc
549300H5GEOJYN41ZG57
Sun Communities, Inc.
866674104
3105.00000000
NS
USD
399427.20000000
0.508570236063
Long
EC
CORP
US
N
1
N
N
N
Entegris Inc
IYX6OWO7BT5DKO3BYG52
Entegris, Inc.
29362U104
4102.00000000
NS
USD
358842.96000000
0.456896397834
Long
EC
CORP
US
N
1
N
N
N
Booking Holdings Inc
FXM8FAOHMYDIPD38UZ17
Booking Holdings, Inc.
09857L108
87.00000000
NS
USD
400801.17000000
0.510319641831
Long
EC
CORP
US
N
1
N
N
N
Post Road Equipment Finance
N/A
Post Road Equipment Finance, LLC
73747LAB4
150000.00000000
PA
USD
150372.59000000
0.191461732185
Long
ABS-MBS
CORP
US
Y
2
2031-05-15
Fixed
4.90000000
N
N
N
N
N
N
GREAT AMERICA LEASING RECEIVAB
N/A
GreatAmerica Leasing Receivables Funding, LLC
39154TCJ5
200000.00000000
PA
USD
201387.00000000
0.256415772712
Long
ABS-MBS
CORP
US
Y
2
2028-01-18
Fixed
4.98000000
N
N
N
N
N
N
CHARLES SCHWAB CORP
549300VSGCJ7E698NM85
The Charles Schwab Corp.
808513BD6
175000.00000000
PA
USD
174379.36000000
0.222028325261
Long
DBT
CORP
US
N
2
2065-06-01
Variable
5.37500000
N
N
N
N
N
N
Linde PLC
5299003QR1WT0EF88V51
Linde PLC
G54950103
1300.00000000
NS
USD
605332.00000000
0.770738292577
Long
EC
CORP
IE
N
1
N
N
N
Morgan Stanley
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
617446448
4385.00000000
NS
USD
511597.95000000
0.651391518157
Long
EC
CORP
US
N
1
N
N
N
CCG Receivables Trust
N/A
CCG Receivables Trust
12511JAB1
36438.51000000
PA
USD
36352.44000000
0.046285703608
Long
ABS-CBDO
CORP
US
Y
2
2029-07-16
Fixed
3.91000000
N
N
N
N
N
N
Tesla Inc
54930043XZGB27CTOV49
Tesla, Inc.
88160R101
1485.00000000
NS
USD
384852.60000000
0.490013142900
Long
EC
CORP
US
N
1
N
N
N
Timken Co/The
B0I35MLPFXZSE70ASS73
The Timken Co.
887389104
4795.00000000
NS
USD
344616.65000000
0.438782764523
Long
EC
CORP
US
N
1
N
N
N
Coca-Cola Co/The
UWJKFUJFZ02DKWI3RY53
The Coca-Cola Co.
191216100
9600.00000000
NS
USD
687552.00000000
0.875424815701
Long
EC
CORP
US
N
1
N
N
N
UBS Commercial Mortgage Trust
N/A
UBS Commercial Mortgage Trust
90278PAY6
141692.54000000
PA
USD
137054.84000000
0.174504921879
Long
ABS-CBDO
CORP
US
N
2
2052-12-15
Fixed
2.98720000
N
N
N
N
N
N
Ellington Financial Mortgage T
N/A
Ellington Financial Mortgage Trust
26846VAA2
119195.41000000
PA
USD
120113.32000000
0.152934150470
Long
ABS-MBS
CORP
US
Y
2
2060-01-25
Variable
5.72600000
N
N
N
N
N
N
APPLIED MATERIALS INC
41BNNE1AFPNAZELZ6K07
Applied Materials, Inc.
038222AN5
170000.00000000
PA
USD
148494.28000000
0.189070176076
Long
DBT
CORP
US
N
2
2030-06-01
Fixed
1.75000000
N
N
N
N
N
N
LA VISTA NE ECON DEV FUND
N/A
La Vista Economic Development Fund
505321AQ2
50000.00000000
PA
USD
45540.46000000
0.057984339806
Long
DBT
MUN
US
N
2
2028-10-15
Fixed
1.64000000
N
N
N
N
N
N
Freddie Mac Whole Loan Securit
N/A
Freddie Mac Whole Loan Securities
3137G1AR8
6285.25000000
PA
USD
6231.99000000
0.007934874303
Long
ABS-CBDO
CORP
US
N
2
2045-09-25
Variable
3.67280000
N
N
N
N
N
N
Costco Wholesale Corp
29DX7H14B9S6O3FD6V18
Costco Wholesale Corp.
22160K105
685.00000000
NS
USD
647859.30000000
0.824886129780
Long
EC
CORP
US
N
1
N
N
N
AGILENT TECHNOLOGIES INC
QUIX8Y7A2WP0XRMW7G29
Agilent Technologies, Inc.
00846UAM3
310000.00000000
PA
USD
273054.49000000
0.347666324270
Long
DBT
CORP
US
N
2
2030-06-04
Fixed
2.10000000
N
N
N
N
N
N
LAD Auto Receivables Trust
N/A
LAD Auto Receivables Trust
50168BAC2
149502.84000000
PA
USD
150081.37000000
0.191090936645
Long
ABS-CBDO
CORP
US
Y
2
2027-09-15
Fixed
6.12000000
N
N
N
N
N
N
Walmart Inc
Y87794H0US1R65VBXU25
Walmart, Inc.
931142103
7005.00000000
NS
USD
614968.95000000
0.783008528396
Long
EC
CORP
US
N
1
N
N
N
Wingspire Equipment Finance LL
N/A
Wingspire Equipment Finance, LLC
97415AAB8
115000.00000000
PA
USD
115006.97000000
0.146432496039
Long
ABS-CBDO
CORP
US
Y
2
2032-09-20
Fixed
4.99000000
N
N
N
N
N
N
Freddie Mac - SLST
N/A
Seasoned Loans Structured Transaction Trust
35564CDD6
240000.00000000
PA
USD
217997.59000000
0.277565187868
Long
ABS-CBDO
CORP
US
N
2
2029-09-25
Fixed
2.75000000
N
N
N
N
N
N
Home Depot Inc/The
QEKMOTMBBKA8I816DO57
The Home Depot, Inc.
437076102
1585.00000000
NS
USD
580886.65000000
0.739613278006
Long
EC
CORP
US
N
1
N
N
N
RECKITT BENCKISER TSY
213800LAXWIUOOBZ3908
Reckitt Benckiser Treasury Services PLC
75625QAE9
115000.00000000
PA
USD
111459.66000000
0.141915887545
Long
DBT
CORP
GB
Y
2
2027-06-26
Fixed
3.00000000
N
N
N
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup, Inc.
172967LD1
60000.00000000
PA
USD
59259.94000000
0.075452652385
Long
DBT
CORP
US
N
2
2028-01-10
Variable
3.88700000
N
N
N
N
N
N
Napco Security Technologies In
529900KV21J4YY9YST76
Napco Security Technologies, Inc.
630402105
10748.00000000
NS
USD
247418.96000000
0.315025914344
Long
EC
CORP
US
N
1
N
N
N
UFP Technologies Inc
549300RJ8LY41HS70C91
UFP Technologies, Inc.
902673102
1370.00000000
NS
USD
276342.70000000
0.351853033978
Long
EC
CORP
US
N
1
N
N
N
Church & Dwight Co Inc
POOXSI30AWAQGYJZC921
Church & Dwight Co., Inc.
171340102
5950.00000000
NS
USD
655035.50000000
0.834023218411
Long
EC
CORP
US
N
1
N
N
N
American Heritage Auto Receiva
N/A
American Heritage Auto Receivables Trust
026944AD0
85000.00000000
PA
USD
85854.34000000
0.109313942467
Long
ABS-MBS
CORP
US
Y
2
2030-06-17
Fixed
5.07000000
N
N
N
N
N
N
NEWELL BRANDS INC
549300LWGYFM1TVO1Z12
Newell Brands, Inc.
651229AW6
30000.00000000
PA
USD
29963.24000000
0.038150661847
Long
DBT
CORP
US
N
2
2026-04-01
Fixed
5.70000000
N
N
N
N
N
N
GOLDMAN SACHS GROUP INC
784F5XWPLTWKTBV3E584
The Goldman Sachs Group, Inc.
38141GZM9
330000.00000000
PA
USD
290845.20000000
0.370318325897
Long
DBT
CORP
US
N
2
2033-02-24
Variable
3.10200000
N
N
N
N
N
N
UNION PACIFIC CORP
549300LMMRSZZCZ8CL11
Union Pacific Corp.
907818EY0
175000.00000000
PA
USD
172940.40000000
0.220196171049
Long
DBT
CORP
US
N
2
2028-09-10
Fixed
3.95000000
N
N
N
N
N
N
SLM Student Loan Trust
549300EQOYJZL2D96G46
SLM Student Loan Trust
78445AAD8
55353.78000000
PA
USD
55468.56000000
0.070625282037
Long
ABS-MBS
CORP
US
N
2
2029-04-15
Floating
6.46850000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
U.S. Treasury Note
912828V98
1485000.00000000
PA
USD
1440508.00000000
1.834125201318
Long
DBT
UST
US
N
2
2027-02-15
Fixed
2.25000000
N
N
N
N
N
N
Finance of America Structured Securities Trust
N/A
Finance of America Structured Securities Trust
31739MAA2
80910.19000000
PA
USD
80244.94000000
0.102171780186
Long
ABS-MBS
CORP
US
Y
2
2051-04-25
Fixed
1.50000000
N
N
N
N
N
N
New Residential Mortgage Loan
N/A
New Residential Mortgage Loan Trust REMIC
64829EAA2
18817.68000000
PA
USD
18153.65000000
0.023114114576
Long
ABS-CBDO
CORP
US
Y
2
2055-08-25
Variable
3.75000000
N
N
N
N
N
N
BANK OF AMERICA CORP
9DJT3UXIJIZJI4WXO774
Bank of America Corp.
06051GJT7
345000.00000000
PA
USD
303650.79000000
0.386623029055
Long
DBT
CORP
US
N
2
2032-04-22
Variable
2.68700000
N
N
N
N
N
N
GreenState Auto Receivables Tr
N/A
GreenState Auto Receivables Trust
39573AAC6
170000.00000000
PA
USD
171490.02000000
0.218349476335
Long
ABS-CBDO
CORP
US
Y
2
2029-01-16
Fixed
5.19000000
N
N
N
N
N
N
Southern Co/The
549300FC3G3YU2FBZD92
The Southern Co.
842587107
5415.00000000
NS
USD
497909.25000000
0.633962396178
Long
EC
CORP
US
N
1
N
N
N
FORD MOTOR CREDIT CO LLC
UDSQCVRUX5BONN0VY111
Ford Motor Credit Co., LLC
345397E58
200000.00000000
PA
USD
198040.98000000
0.252155456486
Long
DBT
CORP
US
N
2
2029-03-08
Fixed
5.80000000
N
N
N
N
N
N
ORACLE CORP
1Z4GXXU7ZHVWFCD8TV52
Oracle Corp.
68389XCD5
225000.00000000
PA
USD
211338.99000000
0.269087132858
Long
DBT
CORP
US
N
2
2028-03-25
Fixed
2.30000000
N
N
N
N
N
N
M&T Equipment Notes
N/A
M&T Equipment Notes
55376YAD7
105000.00000000
PA
USD
105452.55000000
0.134267341450
Long
ABS-CBDO
CORP
US
Y
2
2031-08-18
Fixed
4.94000000
N
N
N
N
N
N
Microchip Technology Inc
5493007PTFULNYZJ1R12
Microchip Technology, Inc.
595017104
5720.00000000
NS
USD
276905.20000000
0.352569236474
Long
EC
CORP
US
N
1
N
N
N
Sutherland Commercial Mortgage
N/A
Sutherland Commercial Mortgage Trust
86935CAA0
57166.74000000
PA
USD
54158.99000000
0.068957873498
Long
ABS-MBS
CORP
US
Y
2
2041-04-25
Variable
2.86000000
N
N
N
N
N
N
CCG Receivables Trust
N/A
CCG Receivables Trust
12512XAB9
41407.02000000
PA
USD
41625.65000000
0.052999812348
Long
ABS-MBS
CORP
US
Y
2
2030-09-16
Fixed
5.82000000
N
N
N
N
N
N
Purchasing Power Funding
N/A
Purchasing Power Funding, LLC
745935AA4
200000.00000000
PA
USD
201626.84000000
0.256721148724
Long
ABS-MBS
CORP
US
Y
2
2028-08-15
Fixed
5.89000000
N
N
N
N
N
N
Lamb Weston Holdings Inc
5493005SMYID1D2OY946
Lamb Weston Holdings, Inc.
513272104
5520.00000000
NS
USD
294216.00000000
0.374610193231
Long
EC
CORP
US
N
1
N
N
N
United Therapeutics Corp
5299005C4HZL4UWROC14
United Therapeutics Corp.
91307C102
1125.00000000
NS
USD
346803.75000000
0.441567487155
Long
EC
CORP
US
N
1
N
N
N
NMEF Funding LLC
N/A
NMEF Funding, LLC
62890MAB0
12942.32000000
PA
USD
12977.06000000
0.016523027143
Long
ABS-CBDO
CORP
US
Y
2
2029-06-15
Fixed
6.07000000
N
N
N
N
N
N
Amazon.com Inc
ZXTILKJKG63JELOEG630
Amazon.com, Inc.
023135106
9430.00000000
NS
USD
1794151.80000000
2.284401774492
Long
EC
CORP
US
N
1
N
N
N
HARMAN INTL IND
1VWDHRIRERCQ5D5M5681
Harman International Industries, Inc.
413086AH2
150000.00000000
PA
USD
149814.00000000
0.190750508091
Long
DBT
CORP
US
N
2
2025-05-15
Fixed
4.15000000
N
N
N
N
N
N
Space Coast Credit Union
N/A
Space Coast Credit Union Auto Receivables Trust
78436RAE0
280000.00000000
PA
USD
282384.23000000
0.359545405300
Long
ABS-MBS
CORP
US
Y
2
2029-06-15
Fixed
5.11000000
N
N
N
N
N
N
Navient Student Loan Trust
54930094LU45XF2CP718
Navient Student Loan Trust
63939CAD9
12212.51000000
PA
USD
12222.86000000
0.015562742836
Long
ABS-MBS
CORP
US
Y
2
2031-10-15
Floating
6.03370000
N
N
N
N
N
N
RTX Corp
I07WOS4YJ0N7YRFE7309
RTX Corp.
75513E101
4857.00000000
NS
USD
643358.22000000
0.819155134700
Long
EC
CORP
US
N
1
N
N
N
GS Mortgage Securities Trust
N/A
Goldman Sachs Mortgage Securities Trust
36258RBB8
175000.00000000
PA
USD
165108.06000000
0.210223652896
Long
ABS-CBDO
CORP
US
N
2
2053-05-12
Fixed
2.31610000
N
N
N
N
N
N
BX Trust
N/A
BX Commercial Mortgage Trust
05610HAA1
64495.01000000
PA
USD
64293.46000000
0.081861576100
Long
ABS-MBS
CORP
US
Y
2
2039-02-15
Floating
5.33208000
N
N
N
N
N
N
Wells Fargo & Co
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co.
949746101
8220.00000000
NS
USD
590113.80000000
0.751361736433
Long
EC
CORP
US
N
1
N
N
N
AMETEK Inc
549300WZDEF9KKE40E98
AMETEK, Inc.
031100100
2925.00000000
NS
USD
503509.50000000
0.641092908233
Long
EC
CORP
US
N
1
N
N
N
Humana Inc
529900YLDW34GJAO4J06
Humana, Inc.
444859102
465.00000000
NS
USD
123039.00000000
0.156659269261
Long
EC
CORP
US
N
1
N
N
N
Fiserv Inc
GI7UBEJLXYLGR2C7GV83
Fiserv, Inc.
337738108
2630.00000000
NS
USD
580782.90000000
0.739481178434
Long
EC
CORP
US
N
1
N
N
N
Velocity Commercial Capital Lo
N/A
Velocity Commercial Capital Loan Trust
92259TAA9
83841.91000000
PA
USD
72443.75000000
0.092238923735
Long
ABS-CBDO
CORP
US
Y
2
2051-05-25
Variable
1.40000000
N
N
N
N
N
N
Kubota Credit Owner Trust
N/A
Kubota Credit Owner Trust
50117DAD8
100000.00000000
PA
USD
102100.10000000
0.129998838234
Long
ABS-MBS
CORP
US
Y
2
2030-05-15
Fixed
5.19000000
N
N
N
N
N
N
CCG Receivables Trust
N/A
CCG Receivables Trust
12515PAB3
88815.55000000
PA
USD
89247.00000000
0.113633643021
Long
ABS-CBDO
CORP
US
Y
2
2032-03-15
Fixed
4.99000000
N
N
N
N
N
N
Adobe Inc
FU4LY2G4933NH2E1CP29
Adobe, Inc.
00724F101
1260.00000000
NS
USD
483247.80000000
0.615294721349
Long
EC
CORP
US
N
1
N
N
N
NVIDIA Corp
549300S4KLFTLO7GSQ80
NVIDIA Corp.
67066G104
26100.00000000
NS
USD
2828718.00000000
3.601662032576
Long
EC
CORP
US
N
1
N
N
N
Atmos Energy Corp
QVLWEGTD2S8GJMO8D383
Atmos Energy Corp.
049560105
2880.00000000
NS
USD
445190.40000000
0.566838179326
Long
EC
CORP
US
N
1
N
N
N
Thermo Fisher Scientific Inc
HCHV7422L5HDJZCRFL38
Thermo Fisher Scientific, Inc.
883556102
1045.00000000
NS
USD
519992.00000000
0.662079232940
Long
EC
CORP
US
N
1
N
N
N
CITIGROUP INC
6SHGI4ZSSLCXXQSBB395
Citigroup, Inc.
172967NU1
245000.00000000
PA
USD
240246.49000000
0.305893574931
Long
DBT
CORP
US
N
2
2033-05-24
Variable
4.91000000
N
N
N
N
N
N
The Huntington National Bank
N/A
Huntington Bank Auto Credit-Linked Notes
446438SX2
160000.00000000
PA
USD
159704.61000000
0.203343716222
Long
ABS-MBS
CORP
US
Y
2
2033-03-21
Fixed
4.95700000
N
N
N
N
N
N
Brean Asset Backed Securities
N/A
Brean Asset Backed Securities Trust
10638CAA0
134327.44000000
PA
USD
123409.00000000
0.157130371347
Long
ABS-MBS
CORP
US
Y
2
2063-10-25
Variable
1.40000000
N
N
N
N
N
N
CD Commercial Mortgage Trust
N/A
CD Commercial Mortgage Trust
12512JAT1
83908.32000000
PA
USD
83337.90000000
0.106109888049
Long
ABS-CBDO
CORP
US
N
2
2051-08-15
Fixed
4.21300000
N
N
N
N
N
N
STARBUCKS CORP
OQSJ1DU9TAOC51A47K68
Starbucks Corp.
855244AV1
50000.00000000
PA
USD
47717.58000000
0.060756355413
Long
DBT
CORP
US
N
2
2027-03-12
Fixed
2.00000000
N
N
N
N
N
N
Moody's Corp
549300GCEDD8YCF5WU84
Moody's Corp.
615369105
915.00000000
NS
USD
426106.35000000
0.542539433989
Long
EC
CORP
US
N
1
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
U.S. Treasury Note/Bond
91282CHT1
1670000.00000000
PA
USD
1636730.46000000
2.083965229246
Long
DBT
UST
US
N
2
2033-08-15
Fixed
3.87500000
N
N
N
N
N
N
Aligned Data Centers Issuer LL
N/A
Aligned Data Centers Issuer, LLC
01627AAA6
155000.00000000
PA
USD
148498.37000000
0.189075383664
Long
ABS-CBDO
CORP
US
Y
2
2046-08-15
Fixed
1.93700000
N
N
N
N
N
N
NORTH TEXAS HIGHER EDUCATION A
N/A
North Texas Higher Education Authority, Inc.
66286VAB3
64159.33000000
PA
USD
63922.88000000
0.081389735530
Long
ABS-MBS
CORP
US
N
2
2061-09-25
Floating
5.00460000
N
N
N
N
N
N
EXELON CORP
3SOUA6IRML7435B56G12
Exelon Corp.
30161NBR1
300000.00000000
PA
USD
303322.96000000
0.386205619874
Long
DBT
CORP
US
N
2
2031-03-15
Fixed
5.12500000
N
N
N
N
N
N
CBRE SERVICES INC
549300CTE3HOMEUMM603
CBRE Services, Inc.
12505BAE0
326000.00000000
PA
USD
283785.15000000
0.361329125124
Long
DBT
CORP
US
N
2
2031-04-01
Fixed
2.50000000
N
N
N
N
N
N
TSMC GLOBAL LTD
549300N2ZLI21P85T117
TSMC Global, Ltd.
872882AG0
55000.00000000
PA
USD
46542.39000000
0.059260046059
Long
DBT
CORP
VG
Y
2
2030-09-28
Fixed
1.37500000
N
N
N
N
N
N
SharkNinja Inc
N/A
SharkNinja, Inc.
G8068L108
2900.00000000
NS
USD
241889.00000000
0.307984898953
Long
EC
CORP
KY
N
1
N
N
N
Paycom Software Inc
254900LSB0HNJUDC6Q18
Paycom Software, Inc.
70432V102
1115.00000000
NS
USD
243605.20000000
0.310170048685
Long
EC
CORP
US
N
1
N
N
N
Hudson Yards
N/A
Hudson Yards Mortgage Trust
44421GAA1
200000.00000000
PA
USD
184930.18000000
0.235462145036
Long
ABS-CBDO
CORP
US
Y
2
2039-07-10
Fixed
3.22800000
N
N
N
N
N
N
Citigroup Mortgage Loan Trust
N/A
Citigroup Mortgage Loan Trust
17327RAA8
28496.69000000
PA
USD
27699.61000000
0.035268497479
Long
ABS-CBDO
CORP
US
Y
2
2066-01-25
Variable
3.50000000
N
N
N
N
N
N
ENERGY TRANSFER LP
MTLVN9N7JE8MIBIJ1H73
Energy Transfer LP
292480AL4
245000.00000000
PA
USD
246695.14000000
0.314104311337
Long
DBT
CORP
US
N
2
2028-05-15
Fixed
4.95000000
N
N
N
N
N
N
Eli Lilly & Co
FRDRIPF3EKNDJ2CQJL29
Eli Lilly & Co.
532457108
1160.00000000
NS
USD
958055.60000000
1.219843222130
Long
EC
CORP
US
N
1
N
N
N
JPMORGAN CHASE & CO
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co.
46647PBE5
340000.00000000
PA
USD
311983.94000000
0.397233202981
Long
DBT
CORP
US
N
2
2030-10-15
Variable
2.73900000
N
N
N
N
N
N
Social Professional Loan Progr
N/A
SoFi Professional Loan Program Trust
83405NAA4
135992.25000000
PA
USD
120118.99000000
0.152941369791
Long
ABS-MBS
CORP
US
Y
2
2047-02-15
Fixed
1.14000000
N
N
N
N
N
N
Alphabet Inc
5493006MHB84DD0ZWV18
Alphabet, Inc.
02079K107
11755.00000000
NS
USD
1836483.65000000
2.338300755201
Long
EC
CORP
US
N
1
N
N
N
Huntington Auto Trust
N/A
Huntington Auto Trust
446144AE7
135000.00000000
PA
USD
136328.06000000
0.173579550056
Long
ABS-CBDO
CORP
US
Y
2
2029-01-16
Fixed
5.23000000
N
N
N
N
N
N
Government National Mortgage A
549300M8ZYFG0OCMTT87
Government National Mortgage Association
38380LSA2
61377.64000000
PA
USD
59476.73000000
0.075728680010
Long
ABS-CBDO
USGSE
US
N
2
2069-01-20
Variable
3.50000000
N
N
N
N
N
N
BX Trust
N/A
BX Trust
05609VAG0
160000.00000000
PA
USD
158400.00000000
0.201682622997
Long
ABS-CBDO
CORP
US
Y
2
2036-09-15
Floating
5.38370000
N
N
N
N
N
N
JPMorgan Chase & Co
8I5DZWZKVSZI1NUHU748
JPMorgan Chase & Co.
46625H100
4025.00000000
NS
USD
987332.50000000
1.257120002339
Long
EC
CORP
US
N
1
N
N
N
Amphenol Corp
549300D3L3G0R4U4VT04
Amphenol Corp.
032095101
9445.00000000
NS
USD
619497.55000000
0.788774563286
Long
EC
CORP
US
N
1
N
N
N
WSTN Trust
N/A
WSTN Trust
92943AAA2
220000.00000000
PA
USD
223754.70000000
0.284895421742
Long
ABS-MBS
CORP
US
Y
2
2037-07-05
Variable
6.29670000
N
N
N
N
N
N
FannieMae Grantor Trust
N/A
Federal National Mortgage Association
31392DSE3
149263.60000000
PA
USD
156022.78000000
0.198655830288
Long
ABS-MBS
CORP
US
N
2
2032-07-25
Variable
6.82678300
N
N
N
N
N
N
CSX Corp
549300JVQR4N1MMP3Q88
CSX Corp.
126408103
8700.00000000
NS
USD
256041.00000000
0.326003917139
Long
EC
CORP
US
N
1
N
N
N
SREIT Trust
N/A
SREIT Trust
78485GAA2
57090.25000000
PA
USD
56769.12000000
0.072281218603
Long
ABS-MBS
CORP
US
Y
2
2036-07-15
Floating
5.01000000
N
N
N
N
N
N
First American Financial Corp
549300B6VEZK3N0A1P55
First American Financial Corp.
31847R102
6375.00000000
NS
USD
418391.25000000
0.532716191535
Long
EC
CORP
US
N
1
N
N
N
SOFI CONSUMER LOAN PROGRAM TRU
N/A
SoFi Consumer Loan Program Trust
83406YAB7
200000.00000000
PA
USD
201502.20000000
0.256562450983
Long
ABS-MBS
CORP
US
Y
2
2034-02-27
Fixed
5.12000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
U.S. Treasury Note/Bond
91282CDY4
3520000.00000000
PA
USD
3056625.02000000
3.891844391119
Long
DBT
UST
US
N
2
2032-02-15
Fixed
1.87500000
N
N
N
N
N
N
KEYCORP
RKPI3RZGV1V1FJTH5T61
KeyCorp
49326EEK5
150000.00000000
PA
USD
143012.22000000
0.182090149307
Long
DBT
CORP
US
N
2
2027-04-06
Fixed
2.25000000
N
N
N
N
N
N
Tricon American Homes
N/A
Tricon American Homes Trust
89613JAA8
112198.53000000
PA
USD
103622.81000000
0.131937627040
Long
ABS-CBDO
CORP
US
Y
2
2039-11-17
Fixed
1.48200000
N
N
N
N
N
N
Corning Inc
549300X2937PB0CJ7I56
Corning, Inc.
219350105
8100.00000000
NS
USD
370818.00000000
0.472143604133
Long
EC
CORP
US
N
1
N
N
N
AMSR Trust
N/A
AMSR Trust
00178UAA7
22452.50000000
PA
USD
22265.41000000
0.028349408402
Long
ABS-MBS
CORP
US
Y
2
2037-07-17
Fixed
1.63200000
N
N
N
N
N
N
Zoetis Inc
549300HD9Q1LOC9KLJ48
Zoetis, Inc.
98978V103
2630.00000000
NS
USD
433029.50000000
0.551354326990
Long
EC
CORP
US
N
1
N
N
N
Citizens Auto Receivables Trus
N/A
Citizens Auto Receivables Trust
17331KAD1
272332.18000000
PA
USD
274471.35000000
0.349470339682
Long
ABS-CBDO
CORP
US
Y
2
2028-01-18
Fixed
5.84000000
N
N
N
N
N
N
AXIS Equipment Finance Receiva
549300IFG1NMINYRYF89
AXIS Equipment Finance Receivables XI, LLC
03236XAB3
85308.56000000
PA
USD
85498.18000000
0.108860462145
Long
ABS-MBS
CORP
US
Y
2
2028-06-21
Fixed
5.30000000
N
N
N
N
N
N
EOG Resources Inc
XWTZDRYZPBUHIQBKDB46
EOG Resources, Inc.
26875P101
3050.00000000
NS
USD
391132.00000000
0.498008381933
Long
EC
CORP
US
N
1
N
N
N
BMW FINANCE NV
5299006ZHG3IXU0PNJ56
BMW Finance NV
05600LAC0
230000.00000000
PA
USD
212577.33000000
0.270663847880
Long
DBT
CORP
NL
Y
2
2029-08-14
Fixed
2.85000000
N
N
N
N
N
N
TSY INFL IX N/B
254900HROIFWPRGM1V77
U.S. Treasury Inflation Indexed Bond
912810PV4
185000.00000000
PA
USD
285131.81000000
0.363043758464
Long
DBT
UST
US
N
2
2028-01-15
Fixed
1.75000000
N
N
N
N
N
N
HUNTINGTON INGALLS INDUS
5TZLZ6WJTBVJ0QWBG121
Huntington Ingalls Industries, Inc.
446413AL0
260000.00000000
PA
USD
252099.23000000
0.320985062891
Long
DBT
CORP
US
N
2
2027-12-01
Fixed
3.48300000
N
N
N
N
N
N
Synchrony Financial
549300RS7EWPM9MA6C78
Synchrony Financial
87165B103
4450.00000000
NS
USD
235583.00000000
0.299955791500
Long
EC
CORP
US
N
1
N
N
N
O'Reilly Automotive Inc
549300K2RLMQL149Q332
O'Reilly Automotive, Inc.
67103H107
231.00000000
NS
USD
330925.98000000
0.421351134245
Long
EC
CORP
US
N
1
N
N
N
VERIZON COMMUNICATIONS
2S72QS2UO2OESLG6Y829
Verizon Communications, Inc.
92343VGX6
319000.00000000
PA
USD
309665.99000000
0.394281875734
Long
DBT
CORP
US
Y
2
2035-02-15
Fixed
4.78000000
N
N
N
N
N
N
ELFI Graduate Loan Program LLC
N/A
ELFI Graduate Loan Program, LLC
26857LAA0
34994.07000000
PA
USD
31684.65000000
0.040342445206
Long
ABS-MBS
CORP
US
Y
2
2045-08-25
Fixed
1.73000000
N
N
N
N
N
N
MasTec Inc
549300TMDIT8WREDOF45
MasTec, Inc.
576323109
3610.00000000
NS
USD
421323.10000000
0.536449166271
Long
EC
CORP
US
N
1
N
N
N
EBAY INC
OML71K8X303XQONU6T67
eBay, Inc.
278642AU7
305000.00000000
PA
USD
299272.51000000
0.381048388938
Long
DBT
CORP
US
N
2
2027-06-05
Fixed
3.60000000
N
N
N
N
N
N
Vantage Data Centers LLC
N/A
Vantage Data Centers Issuer, LLC
92212KAB2
180000.00000000
PA
USD
177074.73000000
0.225460202102
Long
ABS-CBDO
CORP
US
Y
2
2045-09-15
Fixed
1.64500000
N
N
N
N
N
N
Woodward Capital Management
N/A
Woodward Capital Management
749427AA8
122316.67000000
PA
USD
122768.52000000
0.156314880903
Long
ABS-CBDO
CORP
US
Y
2
2045-01-25
Variable
5.65300000
N
N
N
N
N
N
ENACT HOLDINGS INC
9845003CA5664B741N19
Enact Holdings, Inc.
29249EAA7
250000.00000000
PA
USD
256502.42000000
0.326591419638
Long
DBT
CORP
US
N
2
2029-05-28
Fixed
6.25000000
N
N
N
N
N
N
PureCycle Technologies Inc
N/A
PureCycle Technologies, Inc.
74623V103
36701.00000000
NS
USD
253970.92000000
0.323368190092
Long
EC
CORP
US
N
1
N
N
N
REGIONS FINANCIAL CORP
CW05CS5KW59QTC0DG824
Regions Financial Corp.
7591EPAT7
225000.00000000
PA
USD
204625.71000000
0.260539456600
Long
DBT
CORP
US
N
2
2028-08-12
Fixed
1.80000000
N
N
N
N
N
N
T-Mobile US Inc
549300QHIJYOHPACPG31
T-Mobile US, Inc.
872590104
1470.00000000
NS
USD
392063.70000000
0.499194667917
Long
EC
CORP
US
N
1
N
N
N
Freddie Mac
S6XOOCT0IEG5ABCC6L87
Federal Home Loan Mortgage Corp.
3137BWNS9
31987.26000000
PA
USD
31551.95000000
0.040173485080
Long
ABS-MBS
USGSE
US
N
2
2054-12-15
Variable
3.75000000
N
N
N
N
N
N
Exxon Mobil Corp
J3WHBG0MTS7O8ZVMDC91
Exxon Mobil Corp.
30231G102
6415.00000000
NS
USD
762935.95000000
0.971407345802
Long
EC
CORP
US
N
1
N
N
N
QUALCOMM INC
H1J8DDZKZP6H7RWC0H53
QUALCOMM, Inc.
747525BK8
328000.00000000
PA
USD
293971.96000000
0.374299469573
Long
DBT
CORP
US
N
2
2030-05-20
Fixed
2.15000000
N
N
N
N
N
N
Progress Residential Trust
N/A
Progress Residential Trust
74333HAA3
119317.14000000
PA
USD
115414.99000000
0.146952007048
Long
ABS-MBS
CORP
US
Y
2
2038-07-17
Fixed
1.52400000
N
N
N
N
N
N
Jazz Pharmaceuticals PLC
635400GAUMJCLEZRRV50
Jazz Pharmaceuticals PLC
G50871105
2810.00000000
NS
USD
348861.50000000
0.444187515043
Long
EC
CORP
IE
N
1
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
U.S. Treasury Note/Bond
912828Z94
3375000.00000000
PA
USD
3010737.30000000
3.833417902906
Long
DBT
UST
US
N
2
2030-02-15
Fixed
1.50000000
N
N
N
N
N
N
Apple Inc
HWUPKR0MPOU8FGXBT394
Apple, Inc.
037833100
15360.00000000
NS
USD
3411916.80000000
4.344219252986
Long
EC
CORP
US
N
1
N
N
N
US BANCORP
N1GZ7BBF3NP8GI976H15
U.S. Bancorp
91159HJL5
210000.00000000
PA
USD
204058.25000000
0.259816938789
Long
DBT
CORP
US
N
2
2034-02-01
Variable
4.83900000
N
N
N
N
N
N
Fanniemae-Aces
B1V7KEBTPIMZEU4LTD58
Federal National Mortgage Association REMIC
3136B4TV0
65145.85000000
PA
USD
63925.76000000
0.081393402486
Long
ABS-CBDO
CORP
US
N
2
2029-04-25
Variable
4.00409000
N
N
N
N
N
N
XILINX INC
6EY4K7ZMF9UX1CU6KC79
Xilinx, Inc.
983919AK7
345000.00000000
PA
USD
310793.28000000
0.395717196467
Long
DBT
CORP
US
N
2
2030-06-01
Fixed
2.37500000
N
N
N
N
N
N
FMC Corp
CKDHZ2X64EEBQCSP7013
FMC Corp.
302491303
3975.00000000
NS
USD
167705.25000000
0.213530522161
Long
EC
CORP
US
N
1
N
N
N
First Industrial Realty Trust
N/A
First Industrial Realty Trust, Inc.
32054K103
9310.00000000
NS
USD
502367.60000000
0.639638985334
Long
EC
CORP
US
N
1
N
N
N
BAYLOR SCOTT & WHITE HOL
549300JQDKSBWYRGGV95
Baylor Scott & White Holdings
072863AH6
125000.00000000
PA
USD
107507.41000000
0.136883689649
Long
DBT
CORP
US
N
2
2030-11-15
Fixed
1.77700000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
U.S. Treasury Note/Bond
91282CLW9
405000.00000000
PA
USD
406202.34000000
0.517196675498
Long
DBT
UST
US
N
2
2034-11-15
Fixed
4.25000000
N
N
N
N
N
N
Octane Receivables Trust
N/A
Octane Receivables Trust
67578YAB2
94745.29000000
PA
USD
95791.17000000
0.121966000161
Long
ABS-MBS
CORP
US
Y
2
2032-07-20
Fixed
5.80000000
N
N
N
N
N
N
Equitable Holdings Inc
549300FIBAKMNHPZ4009
Equitable Holdings, Inc.
29452E101
6865.00000000
NS
USD
357597.85000000
0.455311062918
Long
EC
CORP
US
N
1
N
N
N
Fair Isaac Corp
RI6HET5SJUEY30V1PS26
Fair Isaac Corp.
303250104
226.00000000
NS
USD
416780.16000000
0.530664872993
Long
EC
CORP
US
N
1
N
N
N
CCG Receivables Trust
N/A
CCG Receivables Trust
12511QAB5
82437.00000000
PA
USD
83639.99000000
0.106494523804
Long
ABS-MBS
CORP
US
Y
2
2032-04-14
Fixed
6.28000000
N
N
N
N
N
N
Wells Fargo Commercial Mortgag
N/A
Wells Fargo Commercial Mortgage Trust
95003PAA9
275000.00000000
PA
USD
276131.90000000
0.351584633114
Long
ABS-MBS
CORP
US
Y
2
2035-07-15
Variable
4.95370000
N
N
N
N
N
N
GS Mortgage Securities Trust
N/A
Goldman Sachs Mortgage Securities Trust
36265AAA9
175000.00000000
PA
USD
173301.40000000
0.220655813896
Long
ABS-CBDO
CORP
US
Y
2
2036-11-15
Floating
5.31948000
N
N
N
N
N
N
MARS INC
54930073HKEO6GZBSS03
Mars, Inc.
571676AY1
300000.00000000
PA
USD
301715.93000000
0.384159470722
Long
DBT
CORP
US
Y
2
2030-03-01
Fixed
4.80000000
N
N
N
N
N
N
Brown & Brown Inc
549300PC8KTJ71XKFY89
Brown & Brown, Inc.
115236101
4175.00000000
NS
USD
519370.00000000
0.661287272135
Long
EC
CORP
US
N
1
N
N
N
PEAC Solutions Receivables LLC
N/A
PEAC Solutions Receivables, LLC
69392HAC7
140000.00000000
PA
USD
140867.17000000
0.179358966791
Long
ABS-MBS
CORP
US
Y
2
2032-07-20
Fixed
5.04000000
N
N
N
N
N
N
Meta Platforms Inc
BQ4BKCS1HXDV9HN80Z93
Meta Platforms, Inc.
30303M102
2435.00000000
NS
USD
1403436.60000000
1.786924082693
Long
EC
CORP
US
N
1
N
N
N
Chase Mortgage Finance Corpora
N/A
Chase Mortgage Finance Corp.
16159LAC2
126047.53000000
PA
USD
116659.86000000
0.148537036384
Long
ABS-MBS
CORP
US
Y
2
2062-06-25
Variable
3.50000000
N
N
N
N
N
N
Barclays Commercial Mortgage S
N/A
Barclays Commercial Mortgage Trust
05492JAT9
51220.04000000
PA
USD
50307.40000000
0.064053840834
Long
ABS-MBS
CORP
US
N
2
2052-11-15
Fixed
3.04300000
N
N
N
N
N
N
Lantheus Holdings Inc
5299005HUB5IOJGO7S39
Lantheus Holdings, Inc.
516544103
3720.00000000
NS
USD
363072.00000000
0.462281018288
Long
EC
CORP
US
N
1
N
N
N
Ingersoll Rand Inc
5299004C02FMZCUOIR50
Ingersoll Rand, Inc.
45687V106
5075.00000000
NS
USD
406152.25000000
0.517132898461
Long
EC
CORP
US
N
1
N
N
N
Avant Loans Funding Trust
N/A
Avant Loans Funding Trust
05352BAA6
300000.00000000
PA
USD
301439.07000000
0.383806959037
Long
ABS-MBS
CORP
US
Y
2
2034-05-15
Fixed
5.12000000
N
N
N
N
N
N
THE CAMPBELLS COMPANY
5493007JDSMX8Z5Z1902
The Campbell's Co.
134429BJ7
250000.00000000
PA
USD
223260.81000000
0.284266576851
Long
DBT
CORP
US
N
2
2030-04-24
Fixed
2.37500000
N
N
N
N
N
N
Towd Point Mortgage Trust
N/A
Towd Point Mortgage Trust
89179YAR4
96448.40000000
PA
USD
89190.44000000
0.113561628065
Long
ABS-MBS
CORP
US
Y
2
2061-11-25
Variable
2.25000000
N
N
N
N
N
N
Fannie Mae
B1V7KEBTPIMZEU4LTD58
Federal National Mortgage Association
3138EHPF3
4649.96000000
PA
USD
4608.27000000
0.005867474628
Long
ABS-MBS
USGSE
US
N
2
2026-12-01
Fixed
3.50000000
N
N
N
N
N
N
Angel Oak Mortgage Trust
N/A
Angel Oak Mortgage Trust
03464PAA5
87100.11000000
PA
USD
82080.43000000
0.104508815777
Long
ABS-MBS
CORP
US
Y
2
2067-01-25
Variable
3.35300000
N
N
N
N
N
N
Onslow Bay Financial LLC
N/A
Onslow Bay Financial LLC
67116WAC3
139822.67000000
PA
USD
125809.05000000
0.160186232328
Long
ABS-MBS
CORP
US
Y
2
2052-02-25
Variable
3.00000000
N
N
N
N
N
N
Stack Infrastructure Issuer LL
N/A
Stack Infrastructure Issuer, LLC
85236KAE2
70000.00000000
PA
USD
67871.86000000
0.086417769902
Long
ABS-MBS
CORP
US
Y
2
2046-03-26
Fixed
1.87700000
N
N
N
N
N
N
NextEra Energy Inc
254900RHL9MEUS5NKX63
NextEra Energy, Inc.
65339F101
5620.00000000
NS
USD
398401.80000000
0.507264646659
Long
EC
CORP
US
N
1
N
N
N
CF Hippolyta Issuer LLC
N/A
CF Hippolyta Issuer, LLC
12530MAE5
113093.71000000
PA
USD
108096.16000000
0.137633314929
Long
ABS-CBDO
CORP
US
Y
2
2061-03-15
Fixed
1.53000000
N
N
N
N
N
N
Cintas Corp
N/A
Cintas Corp.
172908105
2640.00000000
NS
USD
542599.20000000
0.690863825077
Long
EC
CORP
US
N
1
N
N
N
Abbott Laboratories
HQD377W2YR662HK5JX27
Abbott Laboratories
002824100
4740.00000000
NS
USD
628761.00000000
0.800569240647
Long
EC
CORP
US
N
1
N
N
N
First Help Financial LLC
N/A
First Help Financial LLC
30339EAB4
90000.00000000
PA
USD
90155.65000000
0.114790580618
Long
ABS-MBS
CORP
US
Y
2
N
N
N
FRTKL
N/A
FRTKL 2021-SFR1
30322DAA7
190000.00000000
PA
USD
181326.77000000
0.230874107280
Long
ABS-MBS
CORP
US
Y
2
2038-09-17
Fixed
1.57100000
N
N
N
N
N
N
Waste Management Inc
549300YX8JIID70NFS41
Waste Management, Inc.
94106L109
2615.00000000
NS
USD
605398.65000000
0.770823154615
Long
EC
CORP
US
N
1
N
N
N
Citigroup Mortgage Loan Trust
N/A
Citigroup Mortgage Loan Trust REMIC
17322GAA7
9864.38000000
PA
USD
9564.47000000
0.012177950739
Long
ABS-CBDO
CORP
US
Y
2
2035-01-25
Variable
4.00000000
N
N
N
N
N
N
Verizon Communications Inc
2S72QS2UO2OESLG6Y829
Verizon Communications, Inc.
92343V104
6350.00000000
NS
USD
288036.00000000
0.366741515136
Long
EC
CORP
US
N
1
N
N
N
WELLS FARGO & COMPANY
PBLD0EJDB5FWOLXP3B76
Wells Fargo & Co.
95000U2J1
345000.00000000
PA
USD
310940.01000000
0.395904020275
Long
DBT
CORP
US
N
2
2031-02-11
Variable
2.57200000
N
N
N
N
N
N
American Tower Corp
5493006ORUSIL88JOE18
American Tower Corp.
03027X100
2250.00000000
NS
USD
489600.00000000
0.623382652901
Long
EC
CORP
US
N
1
N
N
N
N/A
N/A
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares
09248U718
2871142.33000000
NS
USD
2871142.33000000
3.655678763342
Long
STIV
RF
US
N
1
N
N
N
Greensky Home Improvement Issu
N/A
GreenSky Home Improvement Trust
39571MAC2
100000.00000000
PA
USD
101395.59000000
0.129101821663
Long
ABS-CBDO
CORP
US
Y
2
2059-06-25
Fixed
5.55000000
N
N
N
N
N
N
Mastercard Inc
AR5L2ODV9HN37376R084
Mastercard, Inc.
57636Q104
1620.00000000
NS
USD
887954.40000000
1.130586947564
Long
EC
CORP
US
N
1
N
N
N
Edwards Lifesciences Corp
YA13X31F3V31L8TMPR58
Edwards Lifesciences Corp.
28176E108
4125.00000000
NS
USD
298980.00000000
0.380675950907
Long
EC
CORP
US
N
1
N
N
N
CME Group Inc
LCZ7XYGSLJUHFXXNXD88
CME Group, Inc.
12572Q105
1905.00000000
NS
USD
505377.45000000
0.643471273483
Long
EC
CORP
US
N
1
N
N
N
Credit Suisse Mortgage Trust
N/A
Credit Suisse Mortgage Trust
12651RAA5
84353.31000000
PA
USD
76110.02000000
0.096906997916
Long
ABS-CBDO
CORP
US
Y
2
2047-04-25
Variable
3.25000000
N
N
N
N
N
N
TPG Real Estate Finance
N/A
TRTX Issuer, Ltd.
87277JAA9
96541.96000000
PA
USD
95826.16000000
0.122010551139
Long
ABS-MBS
CORP
KY
Y
2
2039-02-15
Floating
5.96920000
N
N
N
N
N
N
Chase Auto Owner Trust
N/A
Chase Auto Owner Trust
16144KAD0
280000.00000000
PA
USD
288169.25000000
0.366911175550
Long
ABS-MBS
CORP
US
Y
2
2029-06-25
Fixed
5.59000000
N
N
N
N
N
N
US TREASURY N/B
254900HROIFWPRGM1V77
U.S. Treasury Note/Bond
91282CKD2
1495000.00000000
PA
USD
1512519.53000000
1.925813801422
Long
DBT
UST
US
N
2
2029-02-28
Fixed
4.25000000
N
N
N
N
N
N
Texas Roadhouse Inc
5299002Y1CNRPDGXTQ75
Texas Roadhouse, Inc.
882681109
1975.00000000
NS
USD
329094.25000000
0.419018886069
Long
EC
CORP
US
N
1
N
N
N
DOLLAR GENERAL CORP
OPX52SQVOZI8IVSWYU66
Dollar General Corp.
256677AG0
310000.00000000
PA
USD
290038.03000000
0.369290597597
Long
DBT
CORP
US
N
2
2030-04-03
Fixed
3.50000000
N
N
N
N
N
N
Auxilior Term Funding LLC
N/A
Auxilior Term Funding, LLC
05335FAB7
103967.51000000
PA
USD
104688.86000000
0.133294974011
Long
ABS-MBS
CORP
US
Y
2
2027-03-15
Fixed
5.84000000
N
N
N
N
N
N
COMMONBOND STUDENT LOAN TRUST
549300O1CSZVJJTIR319
Commonbond Student Loan Trust
20267XAA1
21294.05000000
PA
USD
20559.17000000
0.026176940228
Long
ABS-CBDO
CORP
US
Y
2
2046-02-25
Fixed
3.87000000
N
N
N
N
N
N
KNDR 2021-KIND A
N/A
KNDR 2021-KIND A
482606AA8
143799.39000000
PA
USD
141830.65000000
0.180585716625
Long
ABS-CBDO
CORP
US
Y
2
2038-08-15
Floating
5.39000000
N
N
N
N
N
N
Tricon Residential
N/A
Tricon Residential Trust
89616QAA9
129567.67000000
PA
USD
126842.25000000
0.161501753073
Long
ABS-CBDO
CORP
US
Y
2
2039-04-17
Fixed
3.85600000
N
N
N
N
N
N
Foundation Finance Trust
N/A
Foundation Finance Trust
35040VAA7
143770.59000000
PA
USD
143392.07000000
0.182573792895
Long
ABS-MBS
CORP
US
Y
2
2050-03-15
Fixed
4.60000000
N
N
N
N
N
N
Freddie Mac
S6XOOCT0IEG5ABCC6L87
Federal Home Loan Mortgage Corp. REMIC
3137BDX76
4830.69000000
PA
USD
4811.95000000
0.006126809960
Long
ABS-MBS
USGSE
US
N
2
2050-06-15
Fixed
3.50000000
N
N
N
N
N
N
Phillips 66
5493005JBO5YSIGK1814
Phillips 66
718546104
1525.00000000
NS
USD
188307.00000000
0.239761677328
Long
EC
CORP
US
N
1
N
N
N
WALT DISNEY COMPANY/THE
549300GZKULIZ0WOW665
The Walt Disney Co.
254687FX9
335000.00000000
PA
USD
302638.32000000
0.385333902759
Long
DBT
CORP
US
N
2
2031-01-13
Fixed
2.65000000
N
N
N
N
N
N
WASTE MANAGEMENT INC
549300YX8JIID70NFS41
Waste Management, Inc.
94106LBP3
285000.00000000
PA
USD
239469.42000000
0.304904171422
Long
DBT
CORP
US
N
2
2031-03-15
Fixed
1.50000000
N
N
N
N
N
N
BofA Auto Trust
N/A
BofA Auto Trust
09709AAD4
175000.00000000
PA
USD
178670.68000000
0.227492243656
Long
ABS-MBS
CORP
US
Y
2
2030-06-17
Fixed
5.31000000
N
N
N
N
N
N
CF Hippolyta Issuer LLC
N/A
CF Hippolyta Issuer, LLC
12530MAA3
233857.52000000
PA
USD
230770.39000000
0.293828141195
Long
ABS-CBDO
CORP
US
Y
2
2060-07-15
Fixed
1.69000000
N
N
N
N
N
N
CDW Corp/DE
9845001B052ABF0B6755
CDW Corp.
12514G108
2140.00000000
NS
USD
342956.40000000
0.436668853066
Long
EC
CORP
US
N
1
N
N
N
INTERCONTINENTALEXCHANGE
5493000F4ZO33MV32P92
Intercontinental Exchange, Inc.
45866FAK0
350000.00000000
PA
USD
308324.35000000
0.392573634103
Long
DBT
CORP
US
N
2
2030-06-15
Fixed
2.10000000
N
N
N
N
N
N
Microsoft Corp
INR2EJN1ERAN0W5ZP974
Microsoft Corp.
594918104
7925.00000000
NS
USD
2974965.75000000
3.787871816841
Long
EC
CORP
US
N
1
N
N
N
QUALCOMM Inc
H1J8DDZKZP6H7RWC0H53
QUALCOMM, Inc.
747525103
4015.00000000
NS
USD
616744.15000000
0.785268799812
Long
EC
CORP
US
N
1
N
N
N
Diamondback Energy Inc
549300R22LSX6OHWEN64
Diamondback Energy, Inc.
25278X109
2180.00000000
NS
USD
348538.40000000
0.443776128329
Long
EC
CORP
US
N
1
N
N
N
Wells Fargo Commercial Mortgag
N/A
Wells Fargo Commercial Mortgage Trust
95004JAC8
145000.00000000
PA
USD
152010.20000000
0.193546817287
Long
ABS-MBS
CORP
US
N
2
2058-01-15
Fixed
6.09600000
N
N
N
N
N
N
AT&T INC
549300Z40J86GGSTL398
AT&T, Inc.
00206RGQ9
303000.00000000
PA
USD
298310.48000000
0.379823485315
Long
DBT
CORP
US
N
2
2030-02-15
Fixed
4.30000000
N
N
N
N
N
N
MORGAN STANLEY
IGJSJL3JD5P30I6NJZ34
Morgan Stanley
61747YEU5
285000.00000000
PA
USD
280771.25000000
0.357491680317
Long
DBT
CORP
US
N
2
2033-07-20
Variable
4.88900000
N
N
N
N
N
N
Royal Caribbean Cruises Ltd
K2NEH8QNVW44JIWK7Z55
Royal Caribbean Cruises, Ltd.
V7780T103
1615.00000000
NS
USD
331785.60000000
0.422445644449
Long
EC
CORP
LR
N
1
N
N
N
Pool Corp
5493005VZK1KMN6CO617
Pool Corp.
73278L105
995.00000000
NS
USD
316758.25000000
0.403312087854
Long
EC
CORP
US
N
1
N
N
N
2025-05-28
Tributary Funds, Inc.
/s/ Karen Shaw
Karen Shaw
Treasurer