| US 10YR NOTE (CBT)Dec26 | 14.37 | 159 |
| Strategy Inc 8% 06/30/2175 | 4.44 | 73,870 |
| Sterling Capital Multi-Strategy(SCMC.US) | 4.24 | 52,203 |
| US 5YR NOTE (CBT) Dec26 | 3.28 | 37 |
| Fannie Mae Pool 4.5% 06/01/2053 | 2.50 | 3,148,691 |
| Fannie Mae Pool 5% 03/01/2054 | 2.47 | 3,028,854 |
| Fannie Mae Pool 6% 07/01/2054 | 2.22 | 2,620,857 |
| Freddie Mac Pool 5.5% 10/01/2054 | 1.81 | 2,174,626 |
| Fannie Mae Pool 5.5% 12/01/2053 | 1.75 | 2,097,967 |
| First American Government Obligations Fund 12/01/2031 | 1.75 | 2,092,967 |
| Freddie Mac Multifamily Structured Pass Through Certificates 4.6% 09/25/2035 | 1.64 | 2,000,000 |
| United States Treasury Note/Bond 1.25% 08/15/2031 | 1.62 | 2,250,000 |
| Fannie Mae Pool 2% 10/01/2051 | 1.61 | 2,429,422 |
| Freddie Mac Multifamily Structured Pass Through Certificates 4.4% 06/25/2035 | 1.61 | 2,000,000 |
| Elmwood CLO 29 Ltd 6.9792% 04/20/2037 | 1.60 | 1,900,000 |
| Fannie Mae Pool 4% 08/01/2052 | 1.58 | 2,047,753 |
| Fannie Mae Pool 5.5% 03/01/2055 | 1.58 | 1,899,785 |
| US LONG BOND(CBT) Dec26 | 1.56 | 17 |
| Strategy Inc 0.625% 09/15/2028 | 1.54 | 1,630,000 |
| Freddie Mac Pool 4% 10/01/2052 | 1.31 | 1,691,783 |
| Atlas Senior Loan Fund XXV Ltd 7.4092% 07/20/2038 | 1.27 | 1,500,000 |
| PennantPark CLO II Ltd 8.0484% 10/15/2038 | 1.26 | 1,500,000 |
| Fannie Mae Pool 4% 11/01/2052 | 1.24 | 1,611,234 |
| Towd Point Mortgage Trust 2022-SJ1 4.75% 03/25/2062 | 1.20 | 1,500,000 |
| United States Treasury Note/Bond 3.875% 08/15/2040 | 1.19 | 1,600,000 |
| Towd Point Mortgage Trust 2024-4 4.5581% 10/27/2064 | 1.18 | 1,500,000 |
| Freddie Mac Pool 3.5% 05/01/2052 | 1.11 | 1,479,950 |
| Freddie Mac Pool 6% 12/01/2053 | 1.07 | 1,260,539 |
| Monroe Capital Mml Clo XII Ltd 7.776% 09/14/2033 | 1.05 | 1,250,000 |
| Westlake Automobile Receivables Trust 2026-3 5.52% 05/17/2032 | 1.05 | 1,250,000 |
| Upstart Securitization Trust 2026-2 5.83% 05/20/2036 | 1.04 | 1,250,000 |
| OneMain Financial Issuance Trust 2026-3 6.31% 01/14/2041 | 1.04 | 1,250,000 |
| Freddie Mac Pool 4% 12/01/2052 | 1.03 | 1,340,721 |
| GS Mortgage-Backed Securities Trust 2021-MM1 2.5% 04/25/2052 | 1.01 | 1,491,197 |
| United States Treasury Note/Bond 4.125% 11/15/2032 | 0.98 | 1,200,000 |
| Ginnie Mae II Pool 4.5% 05/20/2053 | 0.93 | 1,176,914 |
| Fannie Mae Pool 2% 09/01/2051 | 0.93 | 1,408,309 |
| United States Treasury Note/Bond 3.5% 02/15/2039 | 0.88 | 1,200,000 |
| Freddie Mac Pool 2% 03/01/2051 | 0.87 | 1,310,144 |
| Carvana Auto Receivables Trust 2023-P4 7.37% 10/10/2030 | 0.87 | 1,000,000 |
| GLS Auto Select Receivables Trust 2024-2 6.37% 08/15/2031 | 0.86 | 1,000,000 |
| Marlette Funding Trust 2024-1 6.93% 07/17/2034 | 0.85 | 1,000,000 |
| Fannie Mae Pool 4% 03/01/2054 | 0.83 | 1,079,018 |
| Research-Driven Pagaya Motor Asset Trust 2026-1 5.444% 01/25/2035 | 0.83 | 1,000,000 |
| United States Treasury Note/Bond 4.125% 08/31/2030 | 0.83 | 1,000,000 |
| UPSTART Securitization Trust 2026-3 5.92% 07/20/2036 | 0.83 | 1,000,000 |
| United States Treasury Note/Bond 1.75% 08/15/2041 | 0.82 | 1,500,000 |
| United States Treasury Note/Bond 3.5% 04/30/2030 | 0.81 | 1,000,000 |
| United States Treasury Note/Bond 3.875% 08/15/2033 | 0.80 | 1,000,000 |
| United States Treasury Note/Bond 3.5% 02/15/2033 | 0.79 | 1,000,000 |
| Pagaya AI Debt Grantor Trust 2025-7 5.544% 05/15/2033 | 0.79 | 949,831 |
| United States Treasury Note/Bond 1.125% 05/15/2040 | 0.78 | 1,500,000 |
| Freddie Mac Pool 6% 07/01/2054 | 0.78 | 914,621 |
| Fannie Mae Pool 5% 02/01/2055 | 0.75 | 920,146 |
| Starwood Mortgage Residential Trust 2022-2 4.1794% 02/25/2067 | 0.75 | 945,408 |
| Fannie Mae Pool 4% 10/01/2052 | 0.73 | 946,947 |
| OBX 2021-J2 Trust 2.5% 07/25/2051 | 0.72 | 1,058,710 |
| United States Treasury Note/Bond 1.125% 08/15/2040 | 0.72 | 1,400,000 |
| GCAT 2025-INV5 Trust 5.5% 12/25/2055 | 0.69 | 839,990 |
| GCAT 2021-NQM4 Trust 1.556% 08/25/2066 | 0.68 | 958,798 |
| Sequoia Mortgage Trust 2025-S2 3.5% 11/25/2055 | 0.68 | 929,478 |
| Fannie Mae Pool 5.5% 02/01/2055 | 0.66 | 797,009 |
| Freddie Mac Pool 4.5% 05/01/2053 | 0.63 | 792,208 |
| Freddie Mac Pool 6% 02/01/2055 | 0.63 | 735,545 |
| Madison Park Funding XXXVII Ltd 5.7029% 04/15/2037 | 0.63 | 750,000 |
| Prosper Credit Card 2026-1 Issuer LLC 6.42% 07/15/2036 | 0.63 | 750,000 |
| Fannie Mae Pool 5.5% 06/01/2053 | 0.61 | 724,962 |
| Fannie Mae Pool 5.5% 02/01/2053 | 0.58 | 690,428 |
| Freddie Mac Pool 5% 11/01/2052 | 0.58 | 712,102 |
| Ginnie Mae II Pool 6% 03/20/2053 | 0.57 | 664,895 |
| Freddie Mac Pool 6% 05/01/2053 | 0.56 | 662,017 |
| Fannie Mae Pool 5.5% 10/01/2053 | 0.55 | 666,361 |
| Ginnie Mae II Pool 5.5% 04/20/2053 | 0.55 | 658,801 |
| Ellington Financial Mortgage Trust 2021-2 2.296% 06/25/2066 | 0.53 | 885,000 |
| Ocean Trails CLO XIV Ltd 6.8292% 01/20/2038 | 0.49 | 580,000 |
| Ginnie Mae II Pool 5.5% 01/20/2053 | 0.47 | 556,341 |
| Mariner Finance issuance Trust 2024-B 6.36% 11/20/2038 | 0.45 | 538,000 |
| Fannie Mae Pool 5.5% 06/01/2054 | 0.45 | 540,211 |
| Fannie Mae Pool 6% 06/01/2053 | 0.44 | 515,691 |
| Freddie Mac STACR REMIC Trust 2023-HQA2 6.9932% 06/25/2043 | 0.43 | 500,000 |
| SG Residential Mortgage Trust 2021-1 2.501% 07/25/2061 | 0.43 | 744,000 |
| United States Treasury Note/Bond 4.375% 08/31/2028 | 0.42 | 500,000 |
| Voya CLO 2019-4 Ltd 7.2145% 01/15/2035 | 0.42 | 500,000 |
| Hertz Vehicle Financing III LLC 7.51% 03/25/2030 | 0.42 | 500,000 |
| Octane Receivables Trust 2024-RVM1 6.3% 01/22/2046 | 0.42 | 500,000 |
| FHF Issuer Trust 2024-2 7.15% 09/15/2031 | 0.42 | 500,000 |
| Dryden 64 CLO Ltd 6.6408% 04/18/2031 | 0.42 | 500,000 |
| Arivo Acceptance Auto Loan Receivables Trust 2025-1 5.82% 01/15/2032 | 0.41 | 500,000 |
| FHF Issuer Trust 2024-3 6.01% 12/15/2031 | 0.40 | 500,000 |
| New Residential Mortgage Loan Trust 2026-RPL1 4% 12/25/2065 | 0.39 | 520,000 |
| OBX 2021-NQM2 Trust 1.563% 05/25/2061 | 0.39 | 564,326 |
| Pagaya AI Debt Grantor Trust 2025-1 6.282% 07/15/2032 | 0.38 | 450,234 |
| Ginnie Mae II Pool 6% 05/20/2053 | 0.38 | 448,461 |
| Western Alliance Bank 7.7432% 07/25/2059 | 0.36 | 398,220 |
| Ginnie Mae II Pool 5% 04/20/2053 | 0.29 | 356,154 |
| New Residential Mortgage Loan Trust 2026-RPL1 4% 12/25/2065 | 0.29 | 400,000 |
| JP Morgan Mortgage Trust 2021-1 2.5% 06/25/2051 | 0.28 | 401,327 |
| Fannie Mae Pool 6% 01/01/2055 | 0.27 | 315,900 |
| Freddie Mac Pool 5.5% 12/01/2052 | 0.23 | 275,895 |
| MFA 2021-NQM2 Trust 1.472% 11/25/2064 | 0.22 | 299,362 |
| Republic Finance Issuance Trust 2024-A 7.28% 08/20/2032 | 0.21 | 250,000 |
| JPMorgan Chase & Co 4.946% 10/22/2035 | 0.20 | 245,000 |
| Jamestown CLO XI Ltd 5.7022% 07/14/2031 | 0.20 | 239,909 |
| Ginnie Mae II Pool 6% 07/20/2053 | 0.20 | 232,049 |
| Marlette Funding Trust 2023-2 7.92% 06/15/2033 | 0.19 | 222,806 |
| Bank of America Corp 2.482% 09/21/2036 | 0.18 | 250,000 |
| PNC Financial Services Group Inc/The 5.676% 01/22/2035 | 0.18 | 215,000 |
| SG Residential Mortgage Trust 2020-2 1.381% 05/25/2065 | 0.17 | 215,333 |
| Fannie Mae Pool 6.5% 08/01/2053 | 0.17 | 200,051 |
| American Express Co 5.284% 07/26/2035 | 0.16 | 195,000 |
| Capital One Financial Corp 6.183% 01/30/2036 | 0.16 | 190,000 |
| M&T Bank Corp 5.4% 07/30/2035 | 0.16 | 195,000 |
| Morgan Stanley 5.948% 01/19/2038 | 0.16 | 190,000 |
| Goldman Sachs Group Inc/The 4.017% 10/31/2038 | 0.16 | 220,000 |
| Fifth Third Bancorp 5.631% 01/29/2032 | 0.16 | 190,000 |
| UBS Group AG 5.699% 02/08/2035 | 0.16 | 190,000 |
| United States Treasury Note/Bond 4.375% 05/15/2034 | 0.16 | 200,000 |
| Wells Fargo & Co 5.557% 07/25/2034 | 0.16 | 190,000 |
| AT&T Inc 4.9% 08/15/2037 | 0.15 | 190,000 |
| Verizon Communications Inc 4.272% 01/15/2036 | 0.12 | 155,000 |
| Ginnie Mae II Pool 3% 09/20/2053 | 0.10 | 143,172 |
| GGAM Finance Ltd 6.875% 04/15/2029 | 0.09 | 100,000 |
| GATX Corp 5.5% 06/15/2035 | 0.08 | 95,000 |
| Duke Energy Florida LLC 6.4% 06/15/2038 | 0.08 | 90,000 |
| GE HealthCare Technologies Inc 5.5% 06/15/2035 | 0.08 | 95,000 |
| GoodLeap Sustainable Home Solutions Trust 2022-1 2.7% 01/20/2049 | 0.08 | 110,887 |
| HCA Inc 5.45% 09/15/2034 | 0.08 | 95,000 |
| JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings 5.95% 04/20/2035 | 0.08 | 95,000 |
| Keurig Dr Pepper Inc 5.3% 03/15/2034 | 0.08 | 95,000 |
| Berkshire Hathaway Energy Co 6.125% 04/01/2036 | 0.08 | 90,000 |
| Mars Inc 5.2% 03/01/2035 | 0.08 | 95,000 |
| MSCI Inc 5.25% 09/01/2035 | 0.08 | 100,000 |
| Macquarie Airfinance Holdings Ltd 6.5% 03/26/2031 | 0.08 | 90,000 |
| IBM International Capital Pte Ltd 4.9% 02/05/2034 | 0.08 | 100,000 |
| Kroger Co/The 5% 09/15/2034 | 0.08 | 100,000 |
| LPL Holdings Inc 4.375% 05/15/2031 | 0.08 | 100,000 |
| AerCap Ireland Capital DAC / AerCap Global Aviation Trust 3.3% 01/30/2032 | 0.08 | 105,000 |
| Agilent Technologies Inc 4.75% 09/09/2034 | 0.08 | 100,000 |
| Aircastle Ltd / Aircastle Ireland DAC 5.25% 03/15/2030 | 0.08 | 95,000 |
| American Tower Corp 5.55% 07/15/2033 | 0.08 | 95,000 |
| Amgen Inc 5.25% 03/02/2033 | 0.08 | 95,000 |
| Avolon Holdings Funding Ltd 4.95% 10/15/2032 | 0.08 | 100,000 |
| Arrow Electronics Inc 5.875% 04/10/2034 | 0.08 | 95,000 |
| Ashtead Capital Inc 5.95% 10/15/2033 | 0.08 | 95,000 |
| Carnival Corp Ltd 6.125% 02/15/2033 | 0.08 | 95,000 |
| CDW LLC / CDW Finance Corp 5.55% 08/22/2034 | 0.08 | 100,000 |
| CRH America Finance Inc 5.4% 05/21/2034 | 0.08 | 95,000 |
| Bunge Ltd Finance Corp 2.75% 05/14/2031 | 0.08 | 105,000 |
| Crown Castle Inc 5.1% 05/01/2033 | 0.08 | 95,000 |
| Dell International LLC / EMC Corp 4.85% 02/01/2035 | 0.08 | 100,000 |
| Comcast Corp 6.5% 11/15/2035 | 0.08 | 90,000 |
| Campbell's Company/The 5.4% 03/21/2034 | 0.08 | 100,000 |
| Virginia Electric and Power Co 5.15% 03/15/2035 | 0.08 | 95,000 |
| Vistra Operations Co LLC 6% 04/15/2034 | 0.08 | 95,000 |
| VMware LLC 2.2% 08/15/2031 | 0.08 | 110,000 |
| Zimmer Biomet Holdings Inc 2.6% 11/24/2031 | 0.08 | 110,000 |
| Tyson Foods Inc 4.875% 08/15/2034 | 0.08 | 100,000 |
| J M Smucker Co/The 4.25% 03/15/2035 | 0.08 | 105,000 |
| T-Mobile USA Inc 5.75% 01/15/2034 | 0.08 | 95,000 |
| Oracle Corp 3.9% 05/15/2035 | 0.08 | 115,000 |
| Philip Morris International Inc 5.25% 02/13/2034 | 0.08 | 95,000 |
| Prudential Financial Inc 5.2% 03/14/2035 | 0.08 | 95,000 |
| Roper Technologies Inc 1.75% 02/15/2031 | 0.08 | 110,000 |
| Royal Caribbean Cruises Ltd 6% 02/01/2033 | 0.08 | 95,000 |
| Royalty Pharma PLC 3.3% 09/02/2040 | 0.08 | 125,000 |
| Burlington Northern Santa Fe LLC 4.125% 06/15/2047 | 0.07 | 110,000 |
| Hess Corp 7.125% 03/15/2033 | 0.07 | 80,000 |
| Amphenol Corp 5.25% 04/05/2034 | 0.06 | 70,000 |
| Baxter International Inc 2.539% 02/01/2032 | 0.06 | 79,000 |
| Brown-Forman Corp 4% 04/15/2038 | 0.06 | 85,000 |
| CSX Corp 6.15% 05/01/2037 | 0.06 | 65,000 |
| Conagra Brands Inc 5.3% 11/01/2038 | 0.06 | 75,000 |
| Constellation Brands Inc 4.9% 05/01/2033 | 0.06 | 75,000 |
| Continental Resources Inc/OK 5.75% 01/15/2031 | 0.06 | 70,000 |
| Cheniere Energy Partners LP 5.75% 08/15/2034 | 0.06 | 70,000 |
| Cheniere Corpus Christi Holdings LLC 2.742% 12/31/2039 | 0.06 | 85,000 |
| Energy Transfer LP 6.022% 05/15/2044 | 0.06 | 80,000 |
| Enact Holdings Inc 6.25% 05/28/2029 | 0.06 | 70,000 |
| Lowe's Cos Inc 2.8% 09/15/2041 | 0.06 | 100,000 |
| MPLX LP 5% 03/01/2033 | 0.06 | 75,000 |
| Meritage Homes Corp 5.65% 03/15/2035 | 0.06 | 70,000 |
| Mosaic Co/The 5.625% 11/15/2043 | 0.06 | 75,000 |
| NMI Holdings Inc 6% 08/15/2029 | 0.06 | 70,000 |
| Northrop Grumman Corp 5.2% 06/01/2054 | 0.06 | 80,000 |
| Nucor Corp 5.1% 06/01/2035 | 0.06 | 70,000 |
| Nutrien Ltd 4.125% 03/15/2035 | 0.06 | 80,000 |
| ONEOK Inc 6.05% 09/01/2033 | 0.06 | 70,000 |
| O'Reilly Automotive Inc 1.75% 03/15/2031 | 0.06 | 80,000 |
| Kinder Morgan Inc 5.95% 08/01/2054 | 0.06 | 75,000 |
| Kraft Heinz Foods Co 6.875% 01/26/2039 | 0.06 | 65,000 |
| General Motors Financial Co Inc 6.1% 01/07/2034 | 0.06 | 70,000 |
| Freeport-McMoRan Inc 5.4% 11/14/2034 | 0.06 | 70,000 |
| Fiserv Inc 5.25% 08/11/2035 | 0.06 | 75,000 |
| PulteGroup Inc 6.375% 05/15/2033 | 0.06 | 65,000 |
| Radian Group Inc 6.2% 05/15/2029 | 0.06 | 70,000 |
| RTX Corp 6.1% 03/15/2034 | 0.06 | 65,000 |
| Targa Resources Corp 6.5% 03/30/2034 | 0.06 | 65,000 |
| Sunnova Helios XII Issuer LLC 5.3% 08/22/2050 | 0.06 | 80,807 |
| Plains All American Pipeline LP / PAA Finance Corp 5.7% 09/15/2034 | 0.06 | 70,000 |
| Williams Cos Inc/The 5.6% 03/15/2035 | 0.06 | 70,000 |
| Western Midstream Operating LP 6.15% 04/01/2033 | 0.06 | 70,000 |
| Waste Management Inc 4.875% 02/15/2034 | 0.06 | 70,000 |
| Ginnie Mae II Pool 6.5% 12/20/2052 | 0.05 | 62,460 |
| Ares Capital Corp 3.2% 11/15/2031 | 0.05 | 70,000 |
| Barrick International Barbados Corp 6.35% 10/15/2036 | 0.05 | 55,000 |
| Carrier Global Corp 3.377% 04/05/2040 | 0.04 | 60,000 |
| Ford Motor Credit Co LLC 6.125% 03/08/2034 | 0.04 | 50,000 |
| Global Payments Inc 5.4% 08/15/2032 | 0.04 | 50,000 |
| Molson Coors Beverage Co 4.2% 07/15/2046 | 0.04 | 60,000 |
| Theorem Funding Trust 2022-2 9.27% 12/15/2028 | 0.04 | 42,920 |
| United Parcel Service Inc 5.5% 05/22/2054 | 0.04 | 50,000 |
| United Rentals North America Inc 6% 12/15/2029 | 0.04 | 45,000 |
| Phinia Inc 6.75% 04/15/2029 | 0.04 | 45,000 |
| Cash & Other | -0.18 | -220,558 |
