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Active Income

Income Fund (Class Y)  (PNCYX)

Pursuing income with an all-weather bond portfolio since 1954

Income Fund received an  Overall Morningstar Rating  of  

Winner of Lipper Fund Award 2019 out of nearly 300 Core Bond funds

The fund's research-driven strategy has helped it achieve consistent long-term performance through careful security selection, sub-sector allocations, and macro strategies.

Compare PNCYX to your bond fund View press release

Highlights

Objective

The fund seeks high current income consistent with what Putnam management believes to be prudent risk.

Strategy and process

  • Diverse opportunities: The fund invests across all sectors of the U.S. bond market, including mortgage-backed securi­ties, corporate bonds, and other government obligations.
  • Flexible risk allocations: The fund takes a unique approach to asset allocation, dynamically establishing diversified risk expo­sures rather than sector exposures.
  • Bottom-up approach: Security selection is the primary driver of returns, with sub-sector allocations and macro strategies also serving as potential alpha generators.

Fund price

Yesterday’s close 52-week high 52-week low
Net asset value $7.34
0.14% | $0.01
$7.45
09/04/19
$6.77
11/23/18
Historical fund price

Consistency of positive performance over five years

Performance represents 5-year returns in rolling quarter-end periods since inception.

Performance shown does not reflect the effects of any sales charges. Note that returns of 0.00% are counted as positive periods. For complete fund performance, please click on the performance tab.

20.63%

Best 5-year annualized return

(for period ending 09/30/86)


-1.18%

Worst 5-year annualized return

(for period ending 12/31/08)


7.35%

Average 5-year annualized return


Fund facts as of 08/31/19

Total net assets
$2,261.94M
Turnover (fiscal year end)
825%
Dividend frequency (view rate)
Monthly
Number of holdings
1297
Fiscal year-end
October
CUSIP / Fund code
746792407 / 1803
Inception date
06/16/94
Category
Taxable Income
Open to new investors
Ticker
PNCYX

Management team

Co-Head of Fixed Income
Portfolio Manager
Portfolio Manager



Performance

  • Total return (%) as of 06/30/19

  • Annual performance as of 06/30/19

Annualized Total return (%) as of 06/30/19

Annualized performance 1 yr. 3 yrs. 5 yrs. 10 yrs.
Before sales charge 7.59% 4.93% 2.99% 6.49%
After sales charge N/A N/A N/A N/A
Bloomberg Barclays U.S. Aggregate Bond Index 7.87%2.31%2.95%3.90%

Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary, and you may have a gain or loss when you sell your shares. Performance assumes reinvestment of distributions and does not account for taxes. Returns before sales charge do not reflect the current maximum sales charges as indicated below. Had the sales charge been reflected, returns would be lower. Returns at public offering price (after sales charge) for class A and class M shares reflect the current maximum initial sales charges of 5.75% and 3.50% for equity funds and Putnam Multi-Asset Absolute Return Fund, 4.00% and 3.25% for income funds and 2.25% and 0.75% for Putnam Floating Rate Income Fund, Short-Term Municipal Income, Short Duration Bond Fund, and Fixed Income Absolute Return Fund, respectively. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, which is 3% in the first year, declining to 1% in the fourth year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, N, R, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax-Free High Yield Fund and Putnam AMT-Free Municipal Fund, which are based on the historical performance of class B shares). Returns at public offering price (after sales charge) for class N shares reflect the current maximum initial sales charge of 1.50%. Class R5/R6 shares, available to qualified employee-benefit plans only, are sold without an initial sales charge and have no CDSC. Class Y shares are generally only available for corporate and institutional clients and have no initial sales charge. Performance for Class R5/R6 shares before their inception are derived from the historical performance of class Y shares, which have not been adjusted for the lower expenses; had they, returns would have been higher. Class A and M shares of Putnam money market funds have no initial sales charge. For a portion of the periods, some funds had expense limitations or had been sold on a limited basis with limited assets and expenses, without which returns would be lower.

Performance snapshot

  Before sales charge After sales charge
1 mt. as of 08/31/19 2.78% -
YTD as of 09/17/19 9.92% -

Yield

Distribution rate before sales charge
as of 09/17/19
3.43%
Distribution rate after sales charge
as of 09/17/19
3.43%
30-day SEC yield as of 08/30/19 3.15%

Risk-adjusted performance as of 08/31/19

Sharpe ratio (3 yrs.) 1.30
Information ratio (3 yrs.) 1.69

Volatility as of 08/31/19

Standard deviation (3 yrs.) 3.09%
Beta 0.85
R-squared 0.82

Lipper rankings as of 08/31/19

Time period Rank/Funds in category Percentile ranking
1 yr. 27/513 6%
3 yrs. 3/452 1%
5 yrs. 26/385 7%
10 yrs. 1/297 1%
Lipper category: Core Bond Funds

Morningstar Ratings as of 08/31/19

Time period Funds in category Morningstar Rating
Overall 536
3 yrs. 536
5 yrs. 448
10 yrs. 329
Morningstar category: Intermediate Core-Plus Bond

Distributions

Record/Ex dividend date 08/22/19
Payable date 08/26/19
Income $0.021
Extra income --
Short-term cap. gain --
Long-term cap. gain --

Lipper rankings are based on total return without sales charge relative to all share classes of funds with similar objectives as determined by Lipper. Past performance is not indicative of future results.

The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

The up-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has risen. The ratio is calculated by dividing the manager’s returns by the returns of the index during the up-market, and multiplying that factor by 100. The down-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has dropped. The ratio is calculated by dividing the manager’s returns by the returns of the index during the down-market and multiplying that factor by 100.


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** FundVisualizer comparison based on Putnam fund versus the largest fund in its Morningstar category.


Holdings

Top 10 holdings as of 08/31/19

Fnma Fn30 Tba Umbs 03.5000 09/01/2049 13.13%
Fnma Fn30 Tba Umbs 03.0000 09/01/2049 10.59%
Fnma Fn30 Tba Umbs 04.0000 09/01/2049 4.45%
Gnma Gii30 Tba 03.5000 09/01/2049 1.88%
Gnma Gii30 Tba 04.0000 09/01/2049 1.43%
Gnma Gii30 Tba 04.5000 09/01/2049 0.88%
Goldman Sachs Group 04.2230 05/01/2029 0.61%
Fnma Fn30 Tba Umbs 04.5000 09/01/2049 0.60%
Stacr 2016-Hqa1 M3 08.4953 09/25/2028 0.58%
Verizon Comm 04.3290 09/21/2028 0.56%
Top 10 holdings, percent of portfolio 34.71%

Full portfolio holdings as of 06/30/19

90DAY EURO$ FUTR SEP19 EDU9 31.63%
FNMA FN30 TBA UMBS 03.5000 08/01/2049 13.82%
US 2YR NOTE (CBT) SEP19 TUU9 7.17%
US 10YR NOTE (CBT)SEP19 TYU9 5.40%
US ULTRA BOND CBT SEP19 WNU9 4.42%
US 5YR NOTE (CBT) SEP19 FVU9 3.93%
FNMA FN30 TBA UMBS 04.0000 08/01/2049 3.02%
FNMA FN30 TBA UMBS 04.0000 07/01/2049 1.86%
MBX.FN30.500.10 R USL1M P 01/12/41 BC 1.81%
REPO TRIPA MORTG 2.51 07/01/2019 1.60%
GNMA GII30 TBA 04.0000 07/01/2049 1.56%
REPO TRIPA MORTG 2.52 07/01/2019 1.56%
US 10YR ULTRA FUT SEP19 UXYU9 1.44%
GNMA GII30 TBA 03.5000 07/01/2049 1.41%
FED HOME LN DISCOUNT NT 313384LB3 GDC 08/30/2019 1.01%
REGENCY MARKETS NO. 1 LLC 7588R1UA1 DCP 07/10/2019 0.97%
BANK OF NEW YORK MELLON/THE 06406XUX0 DCP 07/31/2019 0.97%
SWPTN 10YX10Y R 3.312 USD 11/27/2028 BA 0.92%
NRW BANK 62939MU39 DCP 07/03/2019 0.88%
GNMA GII30 TBA 04.5000 07/01/2049 0.86%
US LONG BOND(CBT) SEP19 USU9 0.77%
CAS 2016-C03 2M2 08.3044 10/25/2028 0.71%
GNMA GII30 MA3803 03.5000 07/20/2046 0.69%
TORONTO-DOMINION BANK/THE 89119BU53 DCP 07/05/2019 0.69%
SWPTN 1YX10Y R 2.7475 USD 02/13/2020 GS 0.68%
FNMA FN30 TBA UMBS 04.5000 07/01/2049 0.66%
STACR 2016-HQA1 M3 08.7544 09/25/2028 0.66%
GOLDMAN SACHS GROUP INC 04.2230 05/01/2029 0.64%
FNMA FN40 BF0219 UMBS 03.5000 09/01/2057 0.61%
VERIZON COMM 04.3290 09/21/2028 0.59%
BMIR 2017-1 M2 P/P 144A 05.7544 10/25/2027 0.58%
SWPTN 2YX13Y R 3.162 USD 11/30/2020 JP 0.57%
CAS 2016-C03 1M2 07.7044 10/25/2028 0.54%
NATIONWIDE BUILDING SOCIETY 6385E1U82 DCP 07/08/2019 0.54%
STACR 2019-DNA2 M2 04.8544 03/25/2049 0.53%
SWPTN 7YX30Y R 2.8025 USD 04/24/2026 MS 0.52%
FHS 315 PO PO 00.0000 09/15/2043 0.52%
BRISTOL-MYERS P/P 144A 03.4000 07/26/2029 0.49%
ATLANTIC ASSET SECURITIZATION 04821UUJ9 DCP 07/18/2019 0.49%
MATCHPOINT FINANCE PLC 57666BUH1 DCP 07/17/2019 0.49%
VICTORY RECEIVABLES CORP 92646LU81 DCP 07/08/2019 0.49%
DNB BANK ASA 2332K1VE7 DCP 08/14/2019 0.48%
GOTHAM FUNDING CORP 38346MV19 DCP 08/01/2019 0.48%
ATLANTIC ASSET SECURITIZATION 04821UW99 DCP 09/09/2019 0.48%
GNMA GII30 MA5194 05.0000 05/20/2048 0.48%
CAS 2016-C02 1M2 08.4044 09/25/2028 0.48%
OLD LINE FUNDING LLC 67983UUN1 DCP 07/22/2019 0.46%
CIGNA CORP P/P 144A 03.7500 07/15/2023 0.46%
LIBERTY STREET FUNDING LLC 53127UVL1 DCP 08/20/2019 0.44%
SPST 2018-3 A 03.1296 07/24/2019 0.44%
CRC FUNDING LLC 12619UW98 DCP 09/09/2019 0.43%
SPST 2019-3 A 03.1296 06/24/2020 0.43%
FHLMC FH30G G60314 04.0000 09/01/2045 0.42%
BANK OF AMERICA CORP 04.1830 11/25/2027 0.41%
CORPORATE ASSET FUNDING CO IN 1247P3V58 DCP 08/05/2019 0.41%
BCAP 2015-RR5 2A2 03.5504 01/26/2046 0.41%
FNMA FN40 BF0171 UMBS 04.0000 01/01/2057 0.40%
CIT GROUP INC. 05.2500 03/07/2025 0.40%
WAMU 2005-AR13 A1C4 02.8344 10/25/2045 0.39%
SWPTN 1YX10Y R 3.096 USD 11/29/2019 JP 0.39%
TREASURY BILL 00.0000 08/01/2019 0.39%
GNMA GII30 BI6308 04.5000 11/20/2048 0.37%
STACR 2016-HQA2 M3 07.5544 11/25/2028 0.37%
STACR 2019-DNA1 B1 07.0544 01/25/2049 0.35%
AT&T INC 04.3500 03/01/2029 0.33%
MBX.GII30.450.10 R USL1M P 01/12/41 CS 0.33%
CITIGROUP INC 04.4500 09/29/2027 0.33%
TREASURY BILL 00.0000 08/06/2019 0.33%
GNR 2012-38 MI IO 04.0000 03/20/2042 0.32%
FISERV INC 04.2000 10/01/2028 0.32%
UNITEDHEALTH GROUP INC 03.8500 06/15/2028 0.32%
FNMA FN40 BF0169 3.500000 01/01/2057 0.31%
STACR 2016-HQA3 M3 06.2544 03/25/2029 0.31%
SPST 2018-5 A 03.1296 09/24/2019 0.31%
BP CAP MARKETS AMERICA 03.9370 09/21/2028 0.30%
JPMBB 2013-C14 D P/P 144A 04.7134 08/15/2046 0.30%
ELANCO ANIMAL HEALTH 04.9000 08/28/2028 0.30%
SALESFORCE.COM INC 03.7000 04/11/2028 0.30%
CHENIERE CORP CHRIST 05.1250 06/30/2027 0.30%
JPMBB 2013-C17 AS 04.4584 01/15/2047 0.29%
INTERPUBLIC GROUP COS 04.6500 10/01/2028 0.29%
SWPTN 10YX10Y P 3.312 USD 11/27/2028 BA 0.29%
FNR 2019-3 SA IO 03.6956 02/25/2049 0.29%
STACR 2015-DN1 M3 06.5544 01/25/2025 0.29%
FNMA FN30 BM1172 UMBS 03.0000 03/01/2047 0.28%
FNMA FN30 AL8994 UMBS 04.0000 09/01/2045 0.28%
2.05 R ISWP FWD US0003M P 09/18/2029 0.27%
FNMA FN30 BM4117 UMBS 02.5000 12/01/2047 0.27%
CSMC 2016-NXSR XA IO 00.9354 12/15/2049 0.27%
STACR 2015-DNA3 M3 07.1044 04/25/2028 0.27%
JPMORGAN CHASE & CO 03.9640 11/15/2048 0.27%
EOG RESOURCES INC 04.1500 01/15/2026 0.27%
NRG ENERGY INC P/P 144A 04.4500 06/15/2029 0.27%
CSMC 2008-C1 AJ P/P 144A 05.9967 02/15/2041 0.27%
ECOLAB INC 03.2500 12/01/2027 0.26%
BPCE SA P/P 144A 04.5000 03/15/2025 0.26%
3.073 R ISWP FWD US0003M P 03/04/2029 0.26%
CAS 2019-R04 2M2 04.5044 06/25/2039 0.26%
GNMA GN30 626987 04.0000 09/15/2045 0.25%
GNMA GII30 TBA 03.0000 07/01/2049 0.25%
CAS 2018-C04 2M2 04.9544 12/25/2030 0.25%
CF INDUSTRIES INC P/P 144A 04.5000 12/01/2026 0.25%
EMIR 2018-1 M1 04.1044 11/25/2028 0.25%
FHLMC FH30G Q46811 03.5000 02/01/2047 0.24%
TREASURY BILL 00.0000 08/08/2019 0.24%
KEURIG DR PEPPER INC 04.5970 05/25/2028 0.24%
GNMA GII30 BI6225 04.5000 11/20/2048 0.24%
STACR 2018-DNA2 B1 06.1044 12/25/2030 0.24%
TREASURY BILL 00.0000 08/13/2019 0.24%
AT&T INC 04.1000 02/15/2028 0.24%
MSBAM 2013-C10 E P/P 144A 04.2183 07/15/2046 0.24%
WFRBS 2011-C4 F P/P 144A 05.0000 06/15/2044 0.24%
GNR 2016-H23 NI IO 02.2542 10/20/2066 0.23%
STACR 2016-DNA3 M3 07.4044 12/25/2028 0.23%
DIGITAL REALTY TRUST LP 04.4500 07/15/2028 0.23%
AIR LEASE CORP 04.6250 10/01/2028 0.23%
MSRR 2015-R4 CB1 03.2533 08/26/2047 0.23%
ENERGY TRANSFER OPERA 05.8750 01/15/2024 0.23%
FNR 2015-33 AI IO 05.0000 06/25/2045 0.23%
SWPTN 7YX30Y P 2.8025 USD 04/24/2026 MS 0.23%
CSAIL 2015-C1 D P/P 144A 03.9364 04/15/2050 0.23%
FNR 2018-3 AI IO 04.5000 12/25/2047 0.22%
SOCIETE GENERALE SA 83368YBC0 DCP 08/02/2019 0.22%
STACR 2014-DN4 M3 06.9544 10/25/2024 0.22%
STACR 2018-HQA1 M2 04.7044 09/25/2030 0.22%
CAS 2018-C05 1M2 04.7544 01/25/2031 0.22%
WESTROCK MWV LLC 08.2000 01/15/2030 0.22%
JPMCC 2011-C3 F P/P 144A 05.8525 02/15/2046 0.22%
DUKE ENERGY OHIO INC 03.6500 02/01/2029 0.22%
WALT DISNEY COMPANY P/P 144A 07.7500 12/01/2045 0.21%
BF0101 03.5000 06/01/2056 0.21%
FNR 2016-91 AS IO 03.6956 12/25/2046 0.21%
FAIRFAX FINL HLDGS USD 04.8500 04/17/2028 0.21%
WASTE CONNECTIONS INC 03.5000 05/01/2029 0.21%
NORTHROP GRUMMAN CORP 03.2500 01/15/2028 0.20%
FIDELITY NATL INFO SERV 03.7500 05/21/2029 0.20%
ASHTEAD CAPITAL INC P/P 144A 04.3750 08/15/2027 0.20%
MWST 2019-1 A 03.2044 06/25/2052 0.20%
ALIMENTATION COUCHE-TARD 3.550000 07/26/2027 0.20%
ROYAL BK SCOTLND GRP PLC USD 04.8920 05/18/2029 0.20%
GNR 2012-149 GS IO 03.8171 12/20/2042 0.20%
GNR 2014-180 IO IO 05.0000 12/20/2044 0.20%
LMAT 2019-GS2 A2 P/P 144A 04.2500 01/25/2059 0.20%
SIRIUS XM RADIO INC P/P 144A 05.0000 08/01/2027 0.20%
BSCMS 2007-T26 AJ 05.5660 01/12/2045 0.20%
FNR 2015-66 AS IO 03.8456 09/25/2045 0.20%
MICROCHIP TECH INC 04.3330 06/01/2023 0.20%
NUTRIEN LTD. USD 04.2000 04/01/2029 0.20%
WFRBS 2012-C7 D P/P 144A 04.9695 06/15/2045 0.19%
LEAR CORP 03.8000 09/15/2027 0.19%
SWPTN 10YX20Y R 2.785 USD 01/25/2027 BA 0.19%
FHR 3835 FO PO 00.0000 04/15/2041 0.19%
GNMA GII30 MA5266 05.0000 06/20/2048 0.19%
GNR 2010-9 YD IO 04.4058 01/16/2040 0.19%
JPMBB 2013-C14 E P/P 144A 04.7134 08/15/2046 0.19%
WILLIAMS COMPANIES INC 04.3000 03/04/2024 0.19%
BSCMS 2006-PW11 B P/P 144A 05.8095 03/11/2039 0.18%
FHR 4596 CS IO 03.7058 06/15/2046 0.18%
GNMA GN30 745158 05.0000 06/15/2040 0.18%
GNR 2018-H17 GI IO 01.6692 10/20/2068 0.18%
SPST 2018-8 A 03.1296 02/24/2020 0.18%
COMM 2014-CR17 D P/P 144A 05.0150 05/10/2047 0.18%
FNR 2014-87 MS IO 03.8456 01/25/2045 0.18%
GSMS 2013-GC10 XA IO 01.6567 02/10/2046 0.18%
GNR 2018-H20 BI IO 02.2056 06/20/2068 0.18%
IHS MARKIT LTD P/P 144A 04.7500 02/15/2025 0.18%
JPMCC 2012-C6 E P/P 144A 05.3202 05/15/2045 0.18%
CAS 2019-R03 1M2 04.5544 09/25/2031 0.18%
GNR 2016-H02 HI IO 01.8883 01/20/2066 0.18%
HCA INC 04.1250 06/15/2029 0.18%
JPMBB 2014-C25 D P/P 144A 04.0920 11/15/2047 0.18%
SWPTN 2YX10Y R 2.7725 USD 02/26/2021 MS 0.18%
GNMA GII30 635173 03.5000 02/20/2047 0.18%
GNR 2019-44 SA IO 03.6671 04/20/2049 0.18%
SWPTN 2YX10Y R 2.764 USD 02/16/2021 MS 0.18%
ZOETIS INC 03.9000 08/20/2028 0.18%
MBX.FN30.500.09 R USL1M P 01/12/40 BC 0.17%
WBCMT 2005-C21 E P/P 144A 05.2870 10/15/2044 0.17%
DIAMOND 1 FIN/DIAM P/P 144A 06.0200 06/15/2026 0.17%
MICROSOFT CORP 03.7000 08/08/2046 0.17%
SABINE PASS LIQUEF 05.0000 03/15/2027 0.17%
3.312 R ISWP US0003M P 11/08/2048 0.17%
BMIR 2018-2A M1B P/P 144A 03.7544 08/25/2028 0.17%
BRDCOM CRP / FIN 03.8750 01/15/2027 0.17%
GNMA GII30 BG6074 04.0000 04/20/2048 0.17%
HILTON WORLDWIDE FIN LLC 04.8750 04/01/2027 0.16%
JPMBB 2014-C25 E P/P 144A 03.3320 11/15/2047 0.16%
OSHKOSH CORP 04.6000 05/15/2028 0.16%
SWPTN BERM 5YX25Y R 3.0 USD 02/03/2048 MS 0.16%
SWPTN BERM 5YX25Y R 3.0 USD 04/06/2047 MS 0.16%
SWPTN BERM 5YX25Y R 3.0 USD 04/17/2047 MS 0.16%
VODAFONE GROUP PLC USD 04.3750 05/30/2028 0.16%
COMM 2014-LC15 XA IO 01.2723 04/10/2047 0.16%
FNR 2017-87 IA IO 04.5000 11/25/2047 0.16%
CFCRE 2011-C2 E P/P 144A 05.9393 12/15/2047 0.16%
FNMA FN30 BC1489 UMBS 03.0000 08/01/2046 0.16%
TRANSCANADA TRUST USD 05.3000 03/15/2077 0.16%
UBSCM 2012-C1 C P/P 144A 05.7280 05/10/2045 0.16%
GNR 2019-H02 DI IO 02.3011 11/20/2068 0.16%
CITIGROUP INC 03.6680 07/24/2028 0.16%
CONCHO RESOURCES INC 03.7500 10/01/2027 0.15%
FHLMC FR30 ZS9826 UMBS 03.0000 10/01/2046 0.15%
CGCMT 2014-GC19 X IO 01.3274 03/10/2047 0.15%
FNMA FN30 BC1445 UMBS 03.0000 07/01/2046 0.15%
EQUINIX INC 05.3750 05/15/2027 0.15%
GNR 2014-H11 GI IO 01.4735 06/20/2064 0.15%
WFRBS 2012-C9 XA IO P/P 144A 02.0650 11/15/2045 0.15%
CANTOR FITZGERALD LP P/P 144A 06.5000 06/17/2022 0.15%
ENERGY TRANSFER OPERATNG 06.6250 02/15/2028 0.15%
FNR 2018-94 SA IO 03.6956 01/25/2049 0.15%
GNR 2016-H11 HI IO 02.0977 01/20/2066 0.15%
CWALT 2007-OA6 A1A 02.5444 06/25/2037 0.15%
WAMU 2005-AR17 A1B2 02.8144 12/25/2045 0.15%
MBX.FN30.500.10 R USL1M P 01/12/41 CI 0.15%
CSAIL 2015-C1 C 04.4364 04/15/2050 0.15%
MARSH & MCLENNAN COS INC 04.3750 03/15/2029 0.15%
GNR 2010-9 UI IO 05.0000 01/20/2040 0.15%
GNR 2015-H12 GI IO 01.8069 05/20/2065 0.15%
MET LIFE INS CO P/P 144A 07.8000 11/01/2025 0.15%
GNR 2012-113 ID IO 03.5000 09/20/2042 0.14%
JPMCC 2012-C8 D P/P 144A 04.8049 10/15/2045 0.14%
STACR 2018-DNA1 M2 04.2044 07/25/2030 0.14%
WFRBS 2011-C4 E P/P 144A 05.3968 06/15/2044 0.14%
KKR GR FIN CO P/P 144A 03.7500 07/01/2029 0.14%
L3 TECHNOLOGIES INC 03.8500 12/15/2026 0.14%
WFCM 2014-LC16 XA IO 01.3139 08/15/2050 0.14%
JPMCC 2006-LDP9 AMS 05.3370 05/15/2047 0.14%
STACR 2017-DNA3 M2 04.9044 03/25/2030 0.14%
GNR 2015-53 MI IO 04.0000 04/16/2045 0.14%
LNSTR 2015-3 C P/P 144A 03.2727 04/20/2048 0.14%
ALLY FINANCIAL INC 05.7500 11/20/2025 0.14%
CBS CORP 04.2000 06/01/2029 0.14%
GSMS 2013-GC10 E P/P 144A 04.5415 02/10/2046 0.14%
STACR 2014-DN2 M3 06.0044 04/25/2024 0.14%
GNR 2018-H05 AI IO 02.4150 02/20/2068 0.14%
SWPTN BERM 5YX25Y R 2.75 USD 05/26/2048 MS 0.14%
FHLMC FH30G G60861 03.5000 01/01/2047 0.14%
JPMBB 2014-C23 D P/P 144A 04.1177 09/15/2047 0.14%
CAS 2016-C05 2M2 06.8544 01/25/2029 0.14%
COMM 2012-CR1 D P/P 144A 05.4977 05/15/2045 0.14%
GNR 2014-H07 BI IO 01.4675 05/20/2064 0.14%
TELEFONICA EMISIONES SAU USD 04.8950 03/06/2048 0.14%
UBSBB 2013-C6 E P/P 144A 03.5000 04/10/2046 0.14%
WESTLAKE CHEM CORP 03.6000 08/15/2026 0.14%
GNR 2019-78 SJ IO 03.6390 06/20/2049 0.13%
CROWN CASTLE INTL CORP 03.8000 02/15/2028 0.13%
GNR 2015-69 IO IO 05.0000 05/20/2045 0.13%
FHR 4077 HS IO 03.7058 07/15/2042 0.13%
CHARTER COMM OPT LLC 06.4840 10/23/2045 0.13%
FNMA FN30 BN5015 UMBS 05.0000 01/01/2049 0.13%
GNR 2017-H12 QI IO 02.3632 05/20/2067 0.13%
WESTERN DIGITAL CORP 04.7500 02/15/2026 0.13%
CELANESE US HOLDINGS LLC 03.5000 05/08/2024 0.12%
HARTFORD FINL SVCS GRP 06.6250 03/30/2040 0.12%
NRG P/P 144A 03.7500 06/15/2024 0.12%
GNMA GII30 626972 03.5000 08/20/2045 0.12%
GNR 2018-H17 TI IO 01.1818 10/20/2068 0.12%
GLENCORE FUNDING LLC P/P 144A 04.6250 04/29/2024 0.12%
MSBAM 2013-C12 XA IO 00.7713 10/15/2046 0.12%
WFRBS 2013-C14 XA IO 00.8687 06/15/2046 0.12%
FNR 2017-12 IO IO 03.5000 03/25/2047 0.12%
MBX.FN30.400.09 R USL1M P 01/12/40 BC 0.12%
AMERICAN ELECTRIC POWER 04.3000 12/01/2028 0.12%
FIDELITY NATIONAL INFORM 04.2500 05/15/2028 0.12%
GNR 2015-H04 AI IO 01.8501 12/20/2064 0.12%
GNR 2015-H10 CI IO 01.8163 04/20/2065 0.12%
WAMU 2005-AR13 A1B2 02.8344 10/25/2045 0.12%
INTL FLAVOR & FRAGRANCES 04.4500 09/26/2028 0.11%
AMERICAN TOWER CORP 03.5500 07/15/2027 0.11%
UBSCM 2017-C7 XA IO 01.2173 12/15/2050 0.11%
FNS 409 C24 IO 04.5000 04/25/2042 0.11%
GNR 2015-149 KI IO 04.0000 10/20/2045 0.11%
GNR 2015-H16 XI IO 02.0080 07/20/2065 0.11%
STACR 2014-HQ2 M3 06.1544 09/25/2024 0.11%
STACR 2017-DNA1 M2 05.6544 07/25/2029 0.11%
BMIR 2017-1 M1 P/P 144A 04.1044 10/25/2027 0.11%
GNR 2017-H23 BI IO 01.8955 11/20/2067 0.11%
GNR 2018-H02 EI IO 02.4111 01/20/2068 0.11%
COX COMM INC P/P 144A 03.5000 08/15/2027 0.11%
GNR 2012-136 IO IO 03.5000 11/20/2042 0.11%
GNR 2015-H12 AI IO 01.8597 05/20/2065 0.11%
MSBAM 2013-C11 F P/P 144A 04.4992 08/15/2046 0.11%
WFRBS 2012-C10 E P/P 144A 04.5864 12/15/2045 0.11%
EQT CORP 03.9000 10/01/2027 0.11%
GNMA GII30 BG4860 04.5000 05/20/2048 0.11%
GNR 2015-H09 BI IO 01.6995 03/20/2065 0.11%
SCRT 2019-2 M 04.7500 08/25/2058 0.11%
GNMA GII30 BC0462 03.5000 10/20/2047 0.11%
GNR 2015-H20 AI IO 01.8376 08/20/2065 0.11%
GNR 2017-H18 CI IO 02.2140 09/15/2047 0.11%
BANCO SANTANDER SA USD 05.1790 11/19/2025 0.11%
FNMA FN30 TBA UMBS 06.0000 08/01/2049 0.11%
GNMA GII30 711724 03.5000 02/20/2043 0.11%
L3 TECHNOLOGIES INC 04.4000 06/15/2028 0.11%
G2 BJ5495 0.10%
GNR 2018-91 SJ IO 03.8671 07/20/2048 0.10%
LAMB WESTON HOLDINGS P/P 144A 04.8750 11/01/2026 0.10%
VISTRA OPERATION P/P 144A 03.5500 07/15/2024 0.10%
GNR 2016-H04 KI IO 01.7874 02/20/2066 0.10%
GSMS 2014-GC22 XA IO 01.1443 06/10/2047 0.10%
FNMA FN30 BN2701 UMBS 04.5000 11/01/2048 0.10%
MSBAM 2014-C17 E P/P 144A 03.5000 08/15/2047 0.10%
COMM 2014-UBS6 XA IO 01.0876 12/10/2047 0.10%
GNR 2015-H25 CI IO 01.9520 10/20/2065 0.10%
ORACLE CORP 02.6500 07/15/2026 0.10%
CAS 2017-C04 2M2 05.2544 11/25/2029 0.10%
DBUBS 2011-LC3A D P/P 144A 05.5115 08/10/2044 0.10%
GNMA GII30 626936 03.5000 04/20/2045 0.10%
GNMA GII30 BE5899 03.5000 01/20/2048 0.10%
GNR 2015-H12 EI IO 01.7024 04/20/2065 0.10%
MSBAM 2013-C7 XA IO 01.4872 02/15/2046 0.10%
SWPTN 10YX20Y P 2.785 USD 01/25/2027 BA 0.10%
CITIGROUP INC 04.7500 05/18/2046 0.10%
GNMA GII30 5116 05.0000 07/20/2041 0.10%
GNR 2017-H14 EI IO 01.5594 06/20/2067 0.10%
STACR 2019-DNA1 M2 05.0544 01/25/2049 0.10%
GNMA GII30 BL7522 05.5000 04/20/2049 0.10%
GNR 2016-H24 JI IO 02.1896 11/20/2066 0.10%
JPMCC 2013-LC11 X IO 01.4034 04/15/2046 0.10%
TREASURY BILL 00.0000 07/18/2019 0.10%
BANK OF AMERICA CORP 05.1250 06/17/2049 0.10%
FNMA FN30 AX5483 UMBS 03.5000 10/01/2045 0.10%
GNMA 10000 BD1446 03.5000 11/20/2047 0.10%
GSMS 2014-GC18 C 05.1566 01/10/2047 0.10%
JPMCC 2013-C10 XA IO 01.1303 12/15/2047 0.10%
WALGREENS BOOTS ALLIANCE 03.4500 06/01/2026 0.10%
CD 2016-CD1 XA IO 01.5518 08/10/2049 0.10%
HMIR 2018-1 M1 P/P 144A 03.8300 10/25/2028 0.10%
JPMCC 2011-C3 D P/P 144A 05.8525 02/15/2046 0.10%
STANDARD IND INC P/P 144A 05.0000 02/15/2027 0.10%
MSBAM 2013-C10 F P/P 144A 04.2183 07/15/2046 0.10%
AMGEN INC 04.6630 06/15/2051 0.09%
FNMA FN30 BN4980 UMBS 05.0000 01/01/2049 0.09%
FOX CORP P/P 144A 04.0300 01/25/2024 0.09%
UBSBB 2012-C4 XA IO P/P 144A 01.7835 12/10/2045 0.09%
GNMA GII30 626992 04.5000 09/20/2045 0.09%
MSBAM 2015-C26 XA IO 01.1793 10/15/2048 0.09%
MSC 2016-BNK2 XA IO 01.2151 11/15/2049 0.09%
CBRE SERVICES INC 04.8750 03/01/2026 0.09%
FHLMC FH30G Q51687 03.5000 11/01/2047 0.09%
JPMCC 2016-JP2 XA IO 01.9866 08/15/2049 0.09%
UBSBB 2012-C2 F P/P 144A 05.0000 05/10/2063 0.09%
WFRBS 2012-C10 XA IO P/P 144A 01.7032 12/15/2045 0.09%
CBS CORP 04.6000 01/15/2045 0.09%
CVS HEALTH CORP 04.7800 03/25/2038 0.09%
MSC 2008-T29 F P/P 144A 06.2883 01/11/2043 0.09%
VISTRA OPERATION P/P 144A 04.3000 07/15/2029 0.09%
AMERICAN INTL GROUP 08.1750 05/15/2058 0.09%
CROWN CASTLE INTL CORP 03.6500 09/01/2027 0.09%
GNR 2017-H10 MI IO 01.8617 04/20/2067 0.09%
AON PLC USD 04.2500 12/12/2042 0.09%
BECTON DICKINSON AND CO 03.7000 06/06/2027 0.09%
GNR 2015-H26 DI IO 01.9125 10/20/2065 0.09%
WFRBS 2014-C23 XA IO 00.7398 10/15/2057 0.09%
FHR 4546 TI IO 04.0000 12/15/2045 0.09%
FIRSTENERGY TRANSMIS P/P 144A 05.4500 07/15/2044 0.09%
MBX.FN30.450.09 R USL1M P 01/12/40 BC 0.09%
FNR 2012-124 UI IO 04.0000 11/25/2042 0.09%
STACR 2019-HQA1 M2 04.7544 02/25/2049 0.09%
GNR 2009-79 IC IO 06.0000 08/20/2039 0.08%
GNR 2015-H28 DI IO 01.5547 08/20/2065 0.08%
MSBAM 2013-C11 D P/P 144A 04.4992 08/15/2046 0.08%
2.647 R ISWP US0003M P 06/12/2049 0.08%
CHARTER COMM OPT LLC 05.3750 05/01/2047 0.08%
COMM 2014-CR17 XA IO 01.1511 05/10/2047 0.08%
GNR 2015-H15 JI IO 01.9717 06/20/2065 0.08%
JPMCC 2013-LC11 E P/P 144A 03.2500 04/15/2046 0.08%
COMM 2014-CR17 C 04.9513 05/10/2047 0.08%
FNMA FN30 AS8648 UMBS 03.0000 01/01/2047 0.08%
JPMCC 2012-LC9 XA IO 01.6619 12/15/2047 0.08%
PETROLEOS MEXICANOS USD 04.5000 01/23/2026 0.08%
COMM 2012-LC4 E P/P 144A 04.2500 12/10/2044 0.08%
COMM 2015-LC19 D P/P 144A 02.8670 02/10/2048 0.08%
ERAC USA FINANCE LLC P/P 144A 05.6250 03/15/2042 0.08%
FNMA FN30 BD5297 UMBS 03.5000 01/01/2047 0.08%
GNMA GII30 635081 03.5000 05/20/2046 0.08%
GNMA GII30 BA8386 03.5000 10/20/2047 0.08%
GNR 2015-26 AI IO 03.5000 05/20/2039 0.08%
GNR 2015-H25 AI IO 01.6143 09/20/2065 0.08%
SAIL 2004-10 A10 03.3044 11/25/2034 0.08%
GNMA 10000 BE3158 03.5000 11/20/2047 0.08%
GNR 2017-H08 NI IO 02.2303 03/20/2067 0.08%
MASS MUTUAL LIFE P/P 144A 08.8750 06/01/2039 0.08%
TORONTO-DOMINION BANK USD 03.6250 09/15/2031 0.08%
UBS GROUP FUNDIN P/P 144A 04.1250 04/15/2026 0.08%
AMER TRANS SYST P/P 144A 05.0000 09/01/2044 0.08%
SANTANDER UK PLC P/P 144A 05.0000 11/07/2023 0.08%
ANHEUSER-BUSCH INBEV WOR 04.7500 01/23/2029 0.08%
FISERV INC 03.5000 07/01/2029 0.08%
FNR 2015-10 AI IO 03.5000 08/25/2043 0.08%
GLENCORE FUNDING LLC P/P 144A 04.0000 04/16/2025 0.08%
GSMS 2012-GC6 D P/P 144A 05.8398 01/10/2045 0.08%
FHR 4500 GI IO 04.0000 08/15/2045 0.08%
GNR 2010-H19 GI IO 01.4273 08/20/2060 0.08%
SHERWIN-WILLIAMS CO 03.4500 06/01/2027 0.08%
COMM 2014-CR19 XA IO 01.2855 08/10/2047 0.08%
NHEL 2004-2 M4 04.2298 09/25/2034 0.08%
WFRBS 2012-C10 D P/P 144A 04.5864 12/15/2045 0.08%
AMAZON.COM INC 04.0500 08/22/2047 0.08%
ERAC USA FINANCE LLC P/P 144A 04.5000 02/15/2045 0.08%
FNMA FN30 AX5559 UMBS 03.0000 10/01/2046 0.08%
GNMA GII30 BA8388 03.5000 10/20/2047 0.08%
GSMS 2014-GC18 XA IO 01.1871 01/10/2047 0.08%
2.806 R ISWP FWD US0003M P 03/05/2030 0.07%
COMM 2013-LC13 XA IO 01.3334 08/10/2046 0.07%
FNR 12-118 PI IO 04.0000 06/25/2042 0.07%
GNR 2012-50 PI IO 04.0000 12/20/2041 0.07%
JPMCC 2013-C16 XA IO 01.1088 12/15/2046 0.07%
CAS 2019-R01 2M2 04.8544 07/25/2031 0.07%
RMIR 2018-1 M2 04.2100 03/25/2028 0.07%
CCMFC 2004-3A A2 02.7044 08/25/2035 0.07%
GNR 2016-H27 BI IO 02.2927 12/20/2066 0.07%
JOHNSON CONTROLS INTL PL 04.5000 02/15/2047 0.07%
ANHEUSER-BUSCH INBEV WOR 05.5500 01/23/2049 0.07%
GNMA 10000 BC8223 03.5000 11/20/2047 0.07%
FNMA FN30 AS6679 UMBS 04.0000 01/01/2046 0.07%
GNMA GII30 BC0460 03.5000 10/20/2047 0.07%
IOS.FN30.400.13 R USL1M P 01/12/44 JP 0.07%
CAS 2018-C06 1M2 04.4044 03/25/2031 0.07%
GSMS 2013-GC12 XA IO 01.5614 06/10/2046 0.07%
CNO FINANCIAL GROUP INC 05.2500 05/30/2025 0.07%
GNR 2013-20 QI IO 04.5000 12/16/2042 0.07%
HCA INC 05.0000 03/15/2024 0.07%
SUMITOMO MITSUI P/P 144A 04.4360 04/02/2024 0.07%
TARGA RESOURCES PART 05.0000 01/15/2028 0.07%
FNMA FN30 BD9219 UMBS 04.5000 10/01/2046 0.07%
GNR 2009-121 UI IO 05.0000 12/20/2039 0.07%
GNR 2018-127 IA IO 03.5000 04/20/2042 0.07%
CBS CORP 02.9000 01/15/2027 0.07%
COMCAST CABLE COMMUNICAT 09.4550 11/15/2022 0.07%
CREDIT SUISSE GRP AG P/P 144A 03.8690 01/12/2029 0.07%
VMWARE INC 03.9000 08/21/2027 0.07%
FHR 4165 AI IO 03.5000 02/15/2043 0.06%
GNMA GII30 BF6125 04.0000 02/20/2048 0.06%
COMM 2015-CR23 XA IO 01.0835 05/10/2048 0.06%
ENTERPRISE PRODUCTS OPER 04.2500 02/15/2048 0.06%
EQUINOR ASA USD 05.1000 08/17/2040 0.06%
FNMA FN30 AL2752 UMBS 05.0000 03/01/2042 0.06%
ANHEUSER-BUSCH INBEV WOR 04.1500 01/23/2025 0.06%
APPLE INC 03.4500 05/06/2024 0.06%
GNMA GII30 BK1782 05.5000 01/20/2049 0.06%
GNR 2015-20 PI IO 03.5000 02/20/2045 0.06%
GNR 2015-52 KI IO 03.5000 11/20/2040 0.06%
LLOYDS BANKING GROUP PLC USD 04.6500 03/24/2026 0.06%
OMEGA HLTHCARE INVESTORS 04.9500 04/01/2024 0.06%
COMM 2014-UBS4 XA IO 01.2897 08/10/2047 0.06%
GNR 2015-52 IE IO 04.0000 01/16/2043 0.06%
PENSKE TRUCK LE P/P 144A 03.4000 11/15/2026 0.06%
AMAZON.COM INC 03.1500 08/22/2027 0.06%
GNMA GII30 BA8385 03.5000 10/20/2047 0.06%
LLOYDS BANKING GROUP PLC USD 04.5000 11/04/2024 0.06%
SWPTN 3YX30Y R 2.3075 USD 06/20/2022 BA 0.06%
EMIR 2018-1 M2 05.4044 11/25/2028 0.06%
GNMA GII30 BE5897 03.5000 10/20/2047 0.06%
HOSPITALITY PROP TRUST 04.3750 02/15/2030 0.06%
ROYAL BANK OF CANADA USD 04.6500 01/27/2026 0.06%
SHIRE ACQ INV IE 03.2000 09/23/2026 0.06%
GNMA GII30 AY4779 04.5080 03/20/2067 0.06%
IHS MARKIT LTD USD 04.7500 08/01/2028 0.06%
CGCMT 2013-GC17 X IO 01.1948 11/10/2046 0.06%
GNMA GII30 BC0461 03.5000 10/20/2047 0.06%
WFRBS 2014-C22 XA IO 00.9737 09/15/2057 0.06%
CA TXB-VAR PURP 07.5000 04/01/2034 0.06%
ERAC USA FINANCE LLC P/P 144A 07.0000 10/15/2037 0.06%
FNMA FN30 AS8842 UMBS 03.5000 02/01/2047 0.06%
MSC 2012-C4 E P/P 144A 05.6003 03/15/2045 0.06%
CROWN CASTLE INTL CORP 04.7500 05/15/2047 0.06%
GNMA GII30 BL2890 05.0000 04/20/2049 0.06%
GNR 2015-69 XI IO 03.5000 05/20/2045 0.06%
GNR 2015-H17 CI IO 01.6039 06/20/2065 0.06%
IOS.FN30.400.14 R USL1M P 01/12/45 CS 0.06%
SWPTN 3YX30Y P 2.3075 USD 06/20/2022 BA 0.06%
COMM 2014-UBS6 C 04.6048 12/10/2047 0.06%
FNMA FN30 AU1625 UMBS 03.5000 07/01/2043 0.06%
JPMBB 2014-C25 XA IO 01.0790 11/15/2047 0.06%
S&P GLOBAL INC 04.4000 02/15/2026 0.06%
CAPITAL ONE FINANCIAL CO 04.2000 10/29/2025 0.05%
CVS PASS-THRU TRUST P/P 144A 07.5070 01/10/2032 0.05%
GNMA GII30 BI1912 04.5000 12/20/2048 0.05%
GNR 2012-129 IO IO 04.5000 11/16/2042 0.05%
BMIR 2018-2A M1C P/P 144A 04.0044 08/25/2028 0.05%
CHARTER COMM OPT LLC 04.9080 07/23/2025 0.05%
FHR 3852 NT 03.6058 05/15/2041 0.05%
GNR 2015-H01 CI IO 01.6337 12/20/2064 0.05%
VIDEOTRON LTD / LTEE P/P 144A 05.1250 04/15/2027 0.05%
2.86 R ISWP US0003M P 01/22/2020 0.05%
AIR LEASE CORP 03.6250 04/01/2027 0.05%
FHR 4176 DI IO 03.0000 12/15/2042 0.05%
OMIR 2017-1A M2 P/P 144A 06.4044 04/25/2027 0.05%
WAMU 2005-AR1 A2B 03.2044 01/25/2045 0.05%
WEYERHAEUSER CO 07.3750 03/15/2032 0.05%
FHLMC FR30 RA1102 UMBS 04.0000 07/01/2049 0.05%
FHR 4158 TI IO 03.0000 12/15/2042 0.05%
GNMA GII30 BC0459 03.5000 10/20/2047 0.05%
GNMA GII30 BN1496 04.5000 06/20/2049 0.05%
N TX HWY-TXB-B 06.7180 01/01/2049 0.05%
OH UNIV-TXB-C-BABS 04.9100 06/01/2040 0.05%
COMM 2013-CR11 AM 04.7150 08/10/2050 0.05%
GNMA GII30 BG6110 04.0000 05/20/2048 0.05%
GNR 2014-100 JI IO 03.5000 07/16/2029 0.05%
GNR 2014-76 IO IO 05.0000 05/20/2044 0.05%
SHIRE ACQ INV IRELAND DA USD 02.8750 09/23/2023 0.05%
WAMU 2005-AR2 2A1B 02.7744 01/25/2045 0.05%
AES CORP/THE 05.1250 09/01/2027 0.05%
FNMA FN30 BD0959 UMBS 03.5000 06/01/2046 0.05%
GNMA GII30 AI2340 04.4700 05/20/2065 0.05%
GNMA GII30 BA7681 04.6270 06/20/2067 0.05%
GNMA GII30 BG4862 04.5000 05/20/2048 0.05%
GNR 2015-24 IA IO 03.5000 02/20/2045 0.05%
HILTON DOMESTIC P/P 144A 04.8750 01/15/2030 0.05%
NEUBERGER BERMAN GRP P/P 144A 04.8750 04/15/2045 0.05%
FNMA FN30 AY8222 UMBS 04.5000 05/01/2045 0.05%
FNMA FN30 BD0189 UMBS 03.5000 06/01/2046 0.05%
IOS.FN30.600.08 R USL1M P 01/12/39 GS 0.05%
MICROSOFT CORP 02.4000 08/08/2026 0.05%
ONEAMERICA FINL P/P 144A 07.0000 10/15/2033 0.05%
WFRBS 2011-C3 E P/P 144A 05.0000 03/15/2044 0.05%
COMM 2014-CR18 C 04.8912 07/15/2047 0.05%
GNR 2012-145 IO IO 03.5000 12/20/2042 0.05%
GNR 2012-56 IB IO 04.0000 04/20/2042 0.05%
TEACHERS INSUR & ANN P/P 144A 06.8500 12/16/2039 0.05%
WFRBS 2011-C5 XA IO P/P 144A 01.8857 11/15/2044 0.05%
CAS 2017-C06 2M2 05.2044 02/25/2030 0.04%
FNMA FN30 AX5485 UMBS 04.5000 10/01/2045 0.04%
GENERAL MOTORS FINL CO 04.0000 01/15/2025 0.04%
GNR 2013-23 IK IO 03.0000 09/20/2037 0.04%
GNR 2016-136 YI IO 03.5000 03/20/2045 0.04%
TREASURY BILL 00.0000 08/15/2019 0.04%
BANK OF MONTREAL USD 03.8030 12/15/2032 0.04%
ING BANK NV P/P 144A 05.8000 09/25/2023 0.04%
WAMU 2005-AR17 A1B3 02.7544 12/25/2045 0.04%
COMM 2014-CR18 XA IO 01.1717 07/15/2047 0.04%
DIAMOND 1 FIN/DIAMON P/P 144A 08.3500 07/15/2046 0.04%
FHR 3408 EK 16.1589 04/15/2037 0.04%
GNMA GII30 635063 04.0000 03/20/2046 0.04%
GNMA GII30 BG4861 04.5000 05/20/2048 0.04%
GNR 2013-34 PI IO 04.5000 08/20/2039 0.04%
IPALCO ENTPRS IN 03.7000 09/01/2024 0.04%
PRUDENTIAL FINANCIAL INC 06.6250 06/21/2040 0.04%
PUGET ENERGY INC 03.6500 05/15/2025 0.04%
COMM 2012-LC4 XA IO P/P 144A 02.2898 12/10/2044 0.04%
GNR 2014-2 IL IO 04.0000 01/16/2044 0.04%
GNR 2014-63 PI IO 04.0000 07/20/2043 0.04%
SABINE PASS LIQUEFACTION 04.2000 03/15/2028 0.04%
FNMA FN30 889560 06.0000 06/01/2038 0.04%
FNMA FN30 MA2917 UMBS 03.5000 02/01/2047 0.04%
FNR 2014-10 IO IO 03.5000 08/25/2042 0.04%
GNMA GII30 635075 04.5000 04/20/2046 0.04%
FAIRFAX US INC P/P 144A 04.8750 08/13/2024 0.04%
FIRSTENERGY CORP 04.8500 07/15/2047 0.04%
FNR 2014-28 AI IO 03.0000 03/25/2040 0.04%
GNMA GII30 626989 04.0000 09/20/2040 0.04%
GNMA GII30P 784038 04.0000 01/20/2045 0.04%
WFRBS 2013-C11 XA IO P/P 144A 01.3456 03/15/2045 0.04%
COMM 2014-LC17 XA IO 01.0365 10/10/2047 0.04%
CREDIT AGRICOLE SA P/P 144A 04.0000 01/10/2033 0.04%
FHR 4201 JI IO 03.0000 12/15/2041 0.04%
FN BF0091 0.04%
FNMA FN30 AS7363 UMBS 03.0000 06/01/2046 0.04%
FNMA FN30 AV7065 UMBS 03.5000 05/01/2045 0.04%
GNMA GII30 BE5898 03.5000 10/20/2047 0.04%
GNMA GN30 635061 04.0000 03/15/2046 0.04%
WESTLAKE CHEMICAL CORP 04.3750 11/15/2047 0.04%
CBRE SERVICES INC 05.2500 03/15/2025 0.04%
GNMA 10000 BD7925 03.5000 11/20/2047 0.04%
GNR 2018-127 IE IO 03.5000 01/20/2046 0.04%
HCA INC 05.5000 06/15/2047 0.04%
IHS MARKIT LTD P/P 144A 04.0000 03/01/2026 0.04%
KINDER MORGAN ENER PART 05.4000 09/01/2044 0.04%
OMNICOM GP/OMNICOM CAP 03.6000 04/15/2026 0.04%
FNMA FN30 AI9135 UMBS 03.5000 10/01/2042 0.04%
FNMA FN30 BC1155 UMBS 03.0000 06/01/2046 0.04%
GNR 2013-164 CI IO 03.0000 11/16/2028 0.04%
GOLDMAN SACHS GROUP INC 03.8500 01/26/2027 0.04%
IOS.FN30.350.13 R USL1M P 01/12/44 GS 0.04%
KEURIG DR PEPPER INC 04.4170 05/25/2025 0.04%
BERKSHIRE HATHAWAY ENERG 06.1250 04/01/2036 0.04%
COMCAST CORP 04.0490 11/01/2052 0.04%
ENBRIDGE INC USD 04.2500 12/01/2026 0.04%
FNR 2012-62 EI IO 04.0000 04/25/2041 0.04%
GNMA GII30 BB0107 04.7000 08/20/2067 0.04%
GNMA GII30 BE5896 03.5000 10/20/2047 0.04%
IOS.FN30.400.10 R USL1M P 01/12/41 GS 0.04%
WFRBS 2013-C12 E P/P 144A 03.5000 03/15/2048 0.04%
FHLMC FH30G Q28032 04.5000 08/01/2044 0.04%
GNMA GII30 AD8811 03.0000 03/20/2043 0.04%
GNMA GII30 BO3369 05.0000 06/20/2049 0.04%
IOS.GII30.500.10 R USL1M P 01/12/41 CS 0.04%
MBX.FN30.500.10 R USL1M P 01/12/41 CI 0.04%
ROCHE HOLDINGS INC P/P 144A 04.0000 11/28/2044 0.04%
STACR 2019-DNA2 B1 06.7544 03/25/2049 0.04%
ZF NA CAPITAL P/P 144A 04.5000 04/29/2022 0.04%
BERKSHIRE HATHAWAY FIN 04.3000 05/15/2043 0.03%
FNMA FN30 AL4158 UMBS 06.0000 10/01/2040 0.03%
IOS.FN30.600.08 R USL1M P 01/12/39 GS 0.03%
SWPTN 5YX30Y R 2.8325 USD 02/15/2022 JP 0.03%
FHLMC FH30G V80002 02.5000 04/01/2043 0.03%
FNMA FN30 AX5472 UMBS 03.5000 08/01/2045 0.03%
GOLDMAN SACHS GROUP INC 06.7500 10/01/2037 0.03%
HILTON DOMESTIC OPERATIN 04.2500 09/01/2024 0.03%
JPMCC 2013-C16 D P/P 144A 05.1951 12/15/2046 0.03%
KINDER MORGAN INC 03.1500 01/15/2023 0.03%
SERVICE CORPORATION INTL 04.6250 12/15/2027 0.03%
FHR 4182 GI IO 03.0000 01/15/2043 0.03%
FNMA FN15 AL8561 UMBS 03.5000 06/01/2031 0.03%
FNR 2012-22 CI IO 04.0000 03/25/2041 0.03%
GNR 2015-36 GI IO 03.5000 06/16/2041 0.03%
JPMCC 2012-C8 E P/P 144A 04.8049 10/15/2045 0.03%
MITSUBISHI UFJ FIN GRP USD 03.8500 03/01/2026 0.03%
AUST & NZ BANKING GR P/P 144A 06.7500 12/29/2049 0.03%
FHR 4171 NI IO 03.0000 06/15/2042 0.03%
FNMA FN30 AX7296 UMBS 04.5000 12/01/2044 0.03%
FNMA FN30 AX8927 UMBS 04.5000 12/01/2044 0.03%
FNR 2012-128 QI IO 03.5000 06/25/2042 0.03%
FNR 2012-144 KI IO 03.0000 11/25/2042 0.03%
GENERAL MOTORS FINL CO 04.0000 10/06/2026 0.03%
JPMCC 2012-LC9 D P/P 144A 04.5291 12/15/2047 0.03%
QVC INC 04.8500 04/01/2024 0.03%
CFCRE 2011-C2 D P/P 144A 05.9393 12/15/2047 0.03%
EL PASO NATURAL GAS 08.3750 06/15/2032 0.03%
FHLMC FH30G Q43898 03.5000 10/01/2046 0.03%
FNMA FN30 AW7089 UMBS 04.5000 07/01/2044 0.03%
FNR 2011-4 CS 08.0912 05/25/2040 0.03%
FNR 2012-101 PI IO 03.5000 08/25/2040 0.03%
GNMA GII30 AY2298 04.7000 05/20/2067 0.03%
GNR 2015-24 IC IO 03.5000 11/20/2037 0.03%
CAS 2016-C06 1M2 06.6544 04/25/2029 0.03%
FNMA FN30 AX5489 UMBS 03.5000 10/01/2045 0.03%
FNMA FN30 AX5490 UMBS 04.0000 10/01/2045 0.03%
FNMA FN30 BC0960 UMBS 04.0000 06/01/2046 0.03%
FNR 2015-3 BI IO 04.0000 03/25/2044 0.03%
GNR 2014-71 BI IO 04.5000 05/20/2029 0.03%
WALT DISNEY COMP P/P 144A 07.7500 01/20/2024 0.03%
GNMA GII30 627009 04.5000 10/20/2045 0.03%
UBSCM 2012-C1 XA IO P/P 144A 02.2456 05/10/2045 0.03%
FHLMC FH30G Q44791 03.5000 12/01/2046 0.03%
GNMA GII30 673972 03.0000 08/20/2046 0.03%
INTERNATIONAL PAPER CO 08.7000 06/15/2038 0.03%
LEGRAND FRANCE USD 08.5000 02/15/2025 0.03%
SPRINT SPECTRUM P/P 144A 03.3600 09/20/2021 0.03%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 JP 0.03%
COMCAST CORP 03.9990 11/01/2049 0.03%
COMCAST CORP 06.5000 11/15/2035 0.03%
FNMA FN30 BA1056 UMBS 04.5000 11/01/2045 0.03%
GENERAL MOTORS FINL CO 04.3000 07/13/2025 0.03%
GNR 2015-87 AI IO 03.5000 12/20/2038 0.03%
QVC INC 04.4500 02/15/2025 0.03%
FHR 3065 DC 12.6773 03/15/2035 0.02%
FNMA FN30 AR6276 UMBS 03.5000 03/01/2043 0.02%
FNMA FN30 MA2180 UMBS 04.0000 02/01/2045 0.02%
FNR 2005-122 SE 14.6847 11/25/2035 0.02%
FNR 2012-151 PI IO 03.0000 01/25/2043 0.02%
FNR 2013-35 PI IO 03.0000 02/25/2042 0.02%
GNMA GII30 OBD1714 03.5000 11/20/2047 0.02%
GNR 2013-3 IT IO 05.0000 01/20/2043 0.02%
NEXTERA ENERGY CAPITAL 04.8000 12/01/2077 0.02%
FHR 4132 IP IO 04.5000 11/15/2042 0.02%
FNMA FN30 AW9042 UMBS 04.0000 08/01/2044 0.02%
FNR 2013-18 IN IO 03.5000 03/25/2043 0.02%
G60183 04.0000 12/01/2044 0.02%
GNMA GII30 BL7521 05.5000 04/20/2049 0.02%
GNR 2010-9 QI IO 04.5000 01/20/2040 0.02%
HOSPITALITY PROPERTIES T 04.5000 03/15/2025 0.02%
SWPTN 1MX30Y R 2.29 USD 06/28/2019 JP 0.02%
CELANESE US HOLDINGS LLC 04.6250 11/15/2022 0.02%
FHR 4141 PI IO 03.0000 12/15/2042 0.02%
FNR 2006-62 PS 25.4737 07/25/2036 0.02%
GNMA GII30 OBD1716 03.5000 11/20/2047 0.02%
GNR 2014-102 IG IO 03.5000 03/16/2041 0.02%
GNR 2014-108 IP IO 04.5000 12/20/2042 0.02%
IOS.FN30.350.12 R USL1M P 01/12/43 BC 0.02%
IOS.FN30.650.67 R USL1M P 01/12/38 GS 0.02%
WESTROCK MWV LLC 07.9500 02/15/2031 0.02%
CC HLDG GS V LLC/CRO 03.8490 04/15/2023 0.02%
FHLMC FH30G G07981 05.0000 03/01/2041 0.02%
FIRSTENERGY CORP 03.9000 07/15/2027 0.02%
FNMA FN30 735227 05.5000 02/01/2035 0.02%
FNMA FN30 AB5174 UMBS 03.5000 05/01/2042 0.02%
FNMA FN30 AO5471 UMBS 03.5000 06/01/2042 0.02%
GNMA 10000 BD7924 03.5000 11/20/2047 0.02%
GNR 2010-35 QI IO 04.5000 03/20/2040 0.02%
GNR 2013-27 PI IO 03.5000 12/20/2042 0.02%
IOS.FN30.400.10 R USL1M P 01/12/41 CS 0.02%
KINDER MORGAN ENER PART 03.5000 03/01/2021 0.02%
SWPTN 3YX30Y P 2.983 USD 05/23/2022 GS 0.02%
AT&T INC 02.9500 07/15/2026 0.02%
CROWN CASTLE INTL CORP 04.8750 04/15/2022 0.02%
FHR 4206 IP IO 03.0000 12/15/2041 0.02%
FNR 2006-8 HP 15.7506 03/25/2036 0.02%
GNMA GII30 AT9856 03.0000 10/20/2046 0.02%
IOS.FN30.550.05 R USL1M P 01/12/36 GS 0.02%
IOS.FN30.650.67 R USL1M P 01/12/38 GS 0.02%
IOS.FN30.650.67 R USL1M P 01/12/38 GS 0.02%
ANTHEM INC 04.6250 05/15/2042 0.02%
ENERGY TRANSFER OPERATNG 06.1250 12/15/2045 0.02%
FHLMC FH30G C03805 03.5000 04/01/2042 0.02%
FNMA FN30 AL5229 UMBS 05.0000 01/01/2044 0.02%
FNMA FN30 AX2731 UMBS 04.5000 10/01/2044 0.02%
FNR 2013-67 IP IO 03.0000 02/25/2042 0.02%
GNMA GII30 BE5936 04.0000 05/20/2048 0.02%
GNMA GII30 BE5937 04.0000 05/20/2048 0.02%
GNMA GII30 BM1987 04.5000 05/20/2049 0.02%
GNMA GII30 BM4803 05.0000 04/20/2049 0.02%
GNR 2013-37 JI IO 03.5000 01/20/2043 0.02%
IOS.FN30.350.13 R USL1M P 01/12/44 CS 0.02%
IOS.FN30.400.14 R USL1M P 01/12/45 CS 0.02%
IOS.FN30.400.14 R USL1M P 01/12/45 GS 0.02%
SWPTN 10WX10Y P 2.011 USD 08/09/2019 GS 0.02%
THE WILLIAMS COMPANIES INC. 08.7500 03/15/2032 0.02%
2.536 R ISWP FWD US0003M P 12/02/2023 0.02%
APPALACHIAN POWER CO 05.8000 10/01/2035 0.02%
APPLE INC 03.8500 05/04/2043 0.02%
FNR 2005-106 JC 12.6686 12/25/2035 0.02%
GNMA GII30 BN1506 04.5000 05/20/2049 0.02%
GNMA GII30 DU4515 05.0000 05/20/2049 0.02%
GNR 2013-100 MI IO 03.5000 02/20/2043 0.02%
IOS.FN30.350.14 R USL1M P 01/12/45 CS 0.02%
IOS.FN30.600.08 R USL1M P 01/12/39 GS 0.02%
SWPTN 2YX10Y P 2.764 USD 02/16/2021 MS 0.02%
SWPTN 2YX10Y P 2.7725 USD 02/26/2021 MS 0.02%
CELANESE US HOLDINGS LLC 05.8750 06/15/2021 0.02%
FNMA FN30 AS8530 UMBS 03.5000 12/01/2046 0.02%
FNMA FN30 AX8877 UMBS 04.5000 12/01/2044 0.02%
GNMA GII30 AW8447 04.3220 05/20/2067 0.02%
GNMA GII30 BO4634 05.0000 06/20/2049 0.02%
GNR 2014-5 LI IO 03.0000 01/16/2029 0.02%
HCA INC 05.2500 06/15/2026 0.02%
IOS.FN30.350.13 R USL1M P 01/12/44 CS 0.02%
IOS.FN30.350.14 R USL1M P 01/12/45 CS 0.02%
MARATHON PETRO CORP 06.5000 03/01/2041 0.02%
MBX.FN30.400.09 R USL1M P 01/12/40 BC 0.02%
SWPTN 3YX2Y R 2.2275 USD 05/16/2022 BA 0.02%
AT&T INC 03.8000 02/15/2027 0.02%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 GS 0.02%
FIFTH THIRD BANCORP 05.1000 12/29/2049 0.02%
FNR 2013-55 KI IO 03.0000 04/25/2043 0.02%
FNR 2013-55 PI IO 03.0000 05/25/2042 0.02%
GLENCORE FIN CANADA P/P 144A 06.0000 11/15/2041 0.02%
GNR 2011-71 IK IO 04.0000 04/16/2039 0.02%
GNR 2014-133 AI IO 04.0000 10/20/2036 0.02%
GNR 2014-30 KI IO 03.0000 02/16/2029 0.02%
SABMILLER HLDG INC 04.9500 01/15/2042 0.02%
SPECTRA ENERGY PARTNERS 03.3750 10/15/2026 0.02%
WELLS FARGO BANK NA 06.6000 01/15/2038 0.02%
CBS CORP 04.0000 01/15/2026 0.02%
COMMONWEALTH EDISON CO 05.8750 02/01/2033 0.02%
FHLMC FH30G Q27018 04.5000 07/01/2044 0.02%
FHR 4183 MI IO 03.0000 02/15/2042 0.02%
FNMA FN30 AS4173 UMBS 04.0000 09/01/2044 0.02%
GNMA GII30 BL7519 05.0000 04/20/2049 0.02%
GNR 2010-35 UI IO 05.0000 03/20/2040 0.02%
IOS.FN30.650.67 R USL1M P 01/12/38 GS 0.02%
SWPTN 2YX13Y P 3.162 USD 11/30/2020 JP 0.02%
AIR LEASE CORP 03.0000 09/15/2023 0.02%
APPLE INC 04.3750 05/13/2045 0.02%
BERKSHIRE HATHAWAY ENERG 06.5000 09/15/2037 0.02%
CMB CMBX.NA.BB.11 2054-11-18 500.0 11/18/2054 JP 0.02%
CREDIT SUISSE GRP AG P/P 144A 06.2500 12/18/2024 0.02%
ERAC USA FINANCE LLC P/P 144A 03.8500 11/15/2024 0.02%
FHR 2990 LB 10.8262 06/15/2034 0.02%
FHR 4122 TI IO 04.5000 10/15/2042 0.02%
FNMA FN30 AD0095 UMBS 06.0000 11/01/2038 0.02%
FNMA FN30 BJ1735 UMBS 04.0000 10/01/2047 0.02%
FNR 2014-20 IA IO 03.5000 07/25/2039 0.02%
GNMA GII30 AO7326 04.6670 09/20/2065 0.02%
GNMA GII30 BE1441 03.5000 11/20/2047 0.02%
GNMA GII30 BN1509 05.0000 05/20/2049 0.02%
GNMA GII30 OBD1715 03.5000 11/20/2047 0.02%
GNR 2013-129 SN IO 03.7671 09/20/2043 0.02%
GNR 2014-141 CI IO 03.0000 03/20/2040 0.02%
IOS.FN30.400.10 R USL1M P 01/12/41 BC 0.02%
IOS.FN30.650.67 R USL1M P 01/12/38 BC 0.02%
SWPTN 5WX10Y R 1.965 USD 07/15/2019 BC 0.02%
BPCE SA P/P 144A 05.1500 07/21/2024 0.01%
CAS 2017-C01 1M2 05.9544 07/25/2029 0.01%
CROWN CASTLE INTL CORP 03.1500 07/15/2023 0.01%
FHLMC FH30G Q42016 03.5000 07/01/2046 0.01%
FNMA FN30 BJ1758 UMBS 04.0000 10/01/2047 0.01%
FNMA FN30 MA2242 UMBS 04.0000 04/01/2045 0.01%
GNMA GII30 BJ9611 04.5000 05/20/2049 0.01%
GNR 2015-99 LI IO 04.0000 07/20/2045 0.01%
ANHEUSER-BUSCH CO/IN 03.6500 02/01/2026 0.01%
CAPITAL ONE BANK USA NA 03.3750 02/15/2023 0.01%
CAS 2016-C07 2M2 06.7544 05/25/2029 0.01%
ENERGY TRANSFER OPERATNG 06.2500 04/15/2049 0.01%
GNMA GII30 AH1076 04.6710 05/20/2065 0.01%
GNMA GII30 BM1872 05.0000 04/20/2049 0.01%
GNMA GII30 BN2618 04.5000 05/20/2049 0.01%
GNMA GII30 BN7071 05.0000 05/20/2049 0.01%
GNMA GII30 BO1294 04.5000 05/20/2049 0.01%
GNMA GII30 BO1298 05.0000 05/20/2049 0.01%
GNMA GII30 BO4627 04.5000 06/20/2049 0.01%
GNMA GN30 AB9500 03.5000 11/15/2042 0.01%
IOS.FN30.350.13 R USL1M P 01/12/44 CS 0.01%
MBX.GII30.500.10 R USL1M P 01/12/41 BC 0.01%
MIDAMERICAN FUNDING LLC 06.9270 03/01/2029 0.01%
ROGERS COMMUNICATIONS IN USD 04.5000 03/15/2043 0.01%
ROYAL BK SCOTLND GRP PLC USD 03.8750 09/12/2023 0.01%
SANTANDER UK GROUP H P/P 144A 04.7500 09/15/2025 0.01%
SWPTN 1YX10Y P 2.7475 USD 02/13/2020 GS 0.01%
TEACHERS INSUR & ANN P/P 144A 04.9000 09/15/2044 0.01%
2.569 R ISWP FWD US0003M P 06/12/2049 0.01%
CMB CMBX.NA.BB.11 2054-11-18 500.0 11/18/2054 MS 0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CS 0.01%
DUKE ENERGY CAROLINAS 04.2500 12/15/2041 0.01%
ENERGY TRANSFER OPERATNG 05.2000 02/01/2022 0.01%
FHLMC FH30G Q44946 03.5000 12/01/2046 0.01%
FIDELITY NATIONAL INFORM 03.0000 08/15/2026 0.01%
FNMA FN30 AD0207 UMBS 06.0000 10/01/2038 0.01%
FNMA FN30 AL3671 UMBS 06.0000 05/01/2041 0.01%
FNMA FN30 AR3945 UMBS 03.0000 03/01/2043 0.01%
FNMA FN30 AX5555 UMBS 03.5000 10/01/2046 0.01%
FNMA FN30 BD8704 UMBS 03.5000 12/01/2046 0.01%
GNMA GII30 AW5280 03.0000 10/20/2046 0.01%
GNMA GII30 BO1322 04.5000 05/20/2049 0.01%
WILLIS TOWERS WATSON PLC USD 05.7500 03/15/2021 0.01%
CON EDISON CO OF NY INC 04.2000 03/15/2042 0.01%
FHLMC FH30G Q45196 03.5000 12/01/2046 0.01%
FHR 3249 PS 14.3740 12/15/2036 0.01%
FNMA FN30 BO0212 UMBS 04.5000 05/01/2049 0.01%
GNMA GII30 BM1904 04.5000 05/20/2049 0.01%
GNMA GII30 MA0395 05.0000 09/20/2042 0.01%
MWST 2018-W1 A 03.2544 11/25/2051 0.01%
OPTN FN30 3.0 08/06/19 CALL 100.8125 JPMC 0.01%
BANCO SANTANDER SA USD 04.3790 04/12/2028 0.01%
FHLMC FH30G Q39680 03.5000 04/01/2046 0.01%
FHR 4018 DI IO 04.5000 07/15/2041 0.01%
FNMA FN30 889683 06.0000 07/01/2038 0.01%
FNR 2013-35 IP IO 03.0000 06/25/2042 0.01%
GNMA GII30 BE1437 03.5000 11/20/2047 0.01%
GNMA GN30 AD2149 03.5000 01/15/2043 0.01%
GNR 2014-4 IK IO 04.0000 07/20/2039 0.01%
IOS.FN30.450.10 R USL1M P 01/12/41 BA 0.01%
SOUTHERN COPPER CORP USD 05.3750 04/16/2020 0.01%
SWPTN 4MX10Y P 2.265 USD 10/03/2019 MS 0.01%
UBS GROUP FUNDING SWITZE REGS 06.8750 12/29/2049 0.01%
WILLIAMS COMPANIES INC 03.6000 03/15/2022 0.01%
CMB CMBX.NA.BB.11 2054-11-18 500.0 11/18/2054 JP 0.01%
FHLMC FH30G Q44903 03.5000 12/01/2046 0.01%
FHLMC FH30G Q45042 03.5000 12/01/2046 0.01%
FNMA FN30 AY3392 UMBS 04.0000 04/01/2045 0.01%
FNMA FN30 BJ1747 UMBS 04.0000 10/01/2047 0.01%
FNMA FN30 CA0341 UMBS 04.0000 09/01/2047 0.01%
GNMA GII30 5307 05.0000 02/20/2042 0.01%
GNMA GII30 BE1440 03.5000 11/20/2047 0.01%
GNMA GII30 BN7073 04.5000 05/20/2049 0.01%
PACIFICORP 06.2500 10/15/2037 0.01%
2.32 R ISWP FWD US0003M P 02/09/2024 0.01%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 JP 0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 GS 0.01%
FHLMC FH30G Q32223 04.5000 03/01/2045 0.01%
FLR USL3M 5.00 03/14/2021 JP 0.01%
FNMA FN30 AL1566 UMBS 06.0000 09/01/2040 0.01%
FNMA FN30 AL6868 UMBS 06.0000 05/01/2041 0.01%
FNMA FN30 AT0942 UMBS 03.0000 04/01/2043 0.01%
FNMA FN30 AX5560 UMBS 03.5000 11/01/2046 0.01%
FNMA FN30 BC0390 UMBS 04.5000 12/01/2045 0.01%
FNMA FN30 BC7330 UMBS 03.5000 12/01/2046 0.01%
FNMA FN30 MA2216 UMBS 04.0000 03/01/2045 0.01%
FNR 2005-75 GS 13.0369 08/25/2035 0.01%
GNMA GII30 626963 04.0000 07/20/2045 0.01%
GNMA GII30 AT8064 03.0000 08/20/2046 0.01%
GNMA GII30 BN1507 05.0000 05/20/2049 0.01%
GNMA GII30 BN1508 05.0000 05/20/2049 0.01%
GNMA GN30 626962 04.0000 07/15/2045 0.01%
GNR 2010-151 KO PO 00.0000 06/16/2037 0.01%
GNR 2014-46 KI IO 03.0000 06/20/2036 0.01%
GNR 2018-127 IB IO 04.5000 06/20/2045 0.01%
IOS.FN30.600.08 R USL1M P 01/12/39 BC 0.01%
MBX.FN30.450.09 R USL1M P 01/12/40 BC 0.01%
SWPTN 5WX30Y R 2.3025 USD 07/15/2019 GS 0.01%
CMB CMBX.NA.BB.11 2054-11-18 500.0 11/18/2054 JP 0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG 0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 MS 0.01%
CPURNSA P 2.05 R 07/05/27 0.01%
FHLMC FH30G Q29422 04.5000 11/01/2044 0.01%
FHR 4004 IO IO 03.0000 03/15/2026 0.01%
FNMA FN30 BC5322 UMBS 03.5000 03/01/2046 0.01%
FNMA FN30 BN9825 UMBS 05.0000 05/01/2049 0.01%
FNR 2013-23 LI IO 03.0000 06/25/2041 0.01%
GNMA GII30 AH1094 04.6460 06/20/2065 0.01%
GNMA GII30 BN1510 05.5000 05/20/2049 0.01%
GNMA GII30 BN3999 04.5000 05/20/2049 0.01%
GNMA GII30 DU4514 04.5000 05/20/2049 0.01%
IOS.FN30.350.12 R USL1M P 01/12/43 CS 0.01%
IOS.FN30.450.10 R USL1M P 01/12/41 GS 0.01%
IOS.FN30.650.67 R USL1M P 01/12/38 GS 0.01%
SWPTN 2YX30Y P 2.904 USD 05/24/2021 MS 0.01%
SWPTN 5YX30Y R 3.27 USD 10/17/2023 MS 0.01%
TIAAC 2003-1A E 144A 08.0000 12/28/2038 0.01%
CAS 2019-R02 1M2 04.7044 08/25/2031 0.01%
CMB CMBX.NA.BB.11 2054-11-18 500.0 11/18/2054 CG 0.01%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 CS 0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 GS 0.01%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 GS 0.01%
FNMA FN30 677018 05.5000 01/01/2033 0.01%
FNMA FN30 AB9238 UMBS 03.0000 05/01/2043 0.01%
FNMA FN30 BO0182 UMBS 05.0000 05/01/2049 0.01%
GNMA GII30 BN1511 05.5000 05/20/2049 0.01%
GNMA GII30 BO1330 05.0000 05/20/2049 0.01%
IOS.FN30.400.10 R USL1M P 01/12/41 BA 0.01%
STRU BC-6764 IO IO 04.0000 07/20/2045 0.01%
2.3075 R ISWP FWD US0003M P 02/02/2024 0.00%
BGC PARTNERS INC 05.1250 05/27/2021 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CS 0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 GS 0.00%
CMB CMBX.NA.BB.8 2057-10-17 500.0 10/17/2057 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 ML 0.00%
FHLMC FH30G Q63236 05.0000 04/01/2049 0.00%
FHR 2976 LC 15.6411 05/15/2035 0.00%
FHR 3300 PO PO 00.0000 02/15/2037 0.00%
FNMA FN30 AE0028 UMBS 06.0000 10/01/2039 0.00%
FNMA FN30 AE0825 UMBS 06.0000 10/01/2039 0.00%
FNMA FN30 AE0947 UMBS 06.0000 10/01/2038 0.00%
FNMA FN30 AS5038 UMBS 04.0000 05/01/2045 0.00%
FNMA FN30 AS9415 UMBS 04.0000 04/01/2047 0.00%
FNMA FN30 AY1318 UMBS 04.0000 03/01/2045 0.00%
FNMA FN30 BA5236 UMBS 03.5000 12/01/2045 0.00%
FNMA FN30 BD9052 UMBS 04.0000 08/01/2047 0.00%
FNR 2003-34 P1 PO 00.0000 04/25/2043 0.00%
FNR 2013-30 IP IO 03.0000 10/25/2041 0.00%
GNMA GII30 BB3013 03.5000 11/20/2047 0.00%
GNMA GII30 BB3019 03.5000 11/20/2047 0.00%
GNMA GII30 BM1914 05.0000 05/20/2049 0.00%
GNMA GII30 BM4965 04.5000 05/20/2049 0.00%
GNMA GII30 BN8578 04.5000 05/20/2049 0.00%
GNMA GN30 AZ3487 03.5000 11/15/2047 0.00%
GNR 2014-162 DI IO 04.0000 11/20/2038 0.00%
GNR 2015-H14 BI IO 01.5768 05/20/2065 0.00%
IOS.FN30.400.10 R USL1M P 01/12/41 BC 0.00%
IOS.FN30.400.10 R USL1M P 01/12/41 JP 0.00%
SWPTN 12YX10Y R 2.5 USD 11/09/2029 JP 0.00%
SWPTN 4MX10Y P 2.401 USD 09/30/2019 BA 0.00%
2.57 R ISWP FWD US0003M P 02/02/2024 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 CG 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 CS 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 CS 0.00%
CSMC 2007-C4 C P/P 144A 05.9096 09/15/2039 0.00%
FHLMC FH30G Q44706 03.5000 12/01/2046 0.00%
FHR 3391 PO PO 00.0000 04/15/2037 0.00%
FNMA FN30 995894 06.0000 04/01/2039 0.00%
FNMA FN30 AL0152 UMBS 06.0000 06/01/2040 0.00%
FNMA FN30 AP3817 UMBS 03.0000 09/01/2042 0.00%
FNMA FN30 AS4073 UMBS 04.0000 12/01/2044 0.00%
FNMA FN30 AS7561 UMBS 04.0000 06/01/2046 0.00%
FNMA FN30 AS8974 UMBS 04.0000 03/01/2047 0.00%
FNMA FN30 AS9978 UMBS 04.0000 07/01/2047 0.00%
FNMA FN30 AX5534 UMBS 04.0000 06/01/2046 0.00%
FNMA FN30 AX5565 UMBS 03.5000 12/01/2046 0.00%
FNMA FN30 BD9021 UMBS 03.5000 01/01/2047 0.00%
FNMA FN30 BD9031 UMBS 04.0000 03/01/2047 0.00%
FNMA FN30 BD9038 UMBS 04.0000 05/01/2047 0.00%
FNMA FN30 BD9043 UMBS 04.0000 06/01/2047 0.00%
FNMA FN30 BD9047 UMBS 04.0000 07/01/2047 0.00%
FNMA FN30 BE4222 UMBS 03.5000 12/01/2046 0.00%
FNR 2007-14 KO PO 00.0000 03/25/2037 0.00%
GNMA GII30 AN4727 04.4890 05/20/2065 0.00%
GNMA GII30 AO7320 04.5200 08/20/2065 0.00%
GNMA GII30 BD3297 03.5000 11/20/2047 0.00%
GNMA GN30 AZ3486 03.5000 11/15/2047 0.00%
SWPTN 10YX20Y R 2.8175 USD 03/23/2027 GS 0.00%
WALT DISNEY COMPAN P/P 144A 04.7500 09/15/2044 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CS 0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BB.8 2057-10-17 500.0 10/17/2057 CG 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 GS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 GS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 MS 0.00%
FNMA FN30 889424 06.0000 03/01/2038 0.00%
FNMA FN30 AD1662 UMBS 05.0000 03/01/2040 0.00%
FNMA FN30 AL8205 UMBS 03.0000 05/01/2045 0.00%
FNMA FN30 AR4126 UMBS 03.0000 02/01/2043 0.00%
FNMA FN30 BJ0241 UMBS 04.0000 09/01/2047 0.00%
FNR 2005-83 QP 11.1426 11/25/2034 0.00%
GNMA GII30 609146 04.5000 05/20/2044 0.00%
GNR 2018-127 ID IO 05.0000 07/20/2045 0.00%
SWPTN 2MX10Y P 2.193 USD 07/30/2019 CI 0.00%
TREASURY BILL 00.0000 07/25/2019 0.00%
1.70 R ISWP FWD US0003M P 09/18/2021 0.00%
2.2225 R ISWP FWD US0003M P 06/05/2029 0.00%
2.55 R ISWP FWD US0003M P 11/20/2039 0.00%
2.5725 R ISWP FWD US0003M P 02/02/2024 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 CG 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 CS 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 ML 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 ML 0.00%
CMB CMBX.NA.BB.10 2059-11-17 500.0 11/17/2059 MS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CG 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 ML 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 MS 0.00%
CVS PASS-THROUGH TRUST 06.0360 12/10/2028 0.00%
FNMA FN30 256553 06.0000 01/01/2037 0.00%
FNMA FN30 887618 06.0000 07/01/2036 0.00%
FNMA FN30 909083 06.0000 08/01/2037 0.00%
FNMA FN30 AP3902 UMBS 03.0000 10/01/2042 0.00%
FNMA FN30 AP6568 UMBS 03.0000 09/01/2042 0.00%
GNMA GII30 AN1902 04.5800 05/20/2065 0.00%
GNMA GII30 AN4733 04.4970 06/20/2065 0.00%
GNMA GII30 AN4739 04.6210 06/20/2065 0.00%
GNR 2011-70 YI IO 00.1500 12/20/2040 0.00%
IOS.FN30.350.12 R USL1M P 01/12/43 BC 0.00%
IOS.FN30.400.10 R USL1M P 01/12/41 GS 0.00%
IOS.FN30.650.67 R USL1M P 01/12/38 BC 0.00%
SWPTN 10WX10Y P 2.281 USD 08/09/2019 GS 0.00%
SWPTN 3MX5Y P 1.746 USD 09/26/2019 CI 0.00%
SWPTN 7YX25Y R 2.505 USD 11/13/2024 MS 0.00%
SWPTN 7YX25Y R 2.689 USD 11/12/2024 CI 0.00%
SWPTN 7YX25Y R 2.902 USD 11/08/2024 JP 0.00%
2.184 R ISWP FWD US0003M P 07/17/2049 0.00%
2.241 R ISWP FWD US0003M P 07/17/2049 0.00%
2.252 R ISWP FWD US0003M P 07/17/2049 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 CS 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 ML 0.00%
CSFB 2003-C3 AX IO P/P 144A 02.2137 05/15/2038 0.00%
FHR 3117 AF 00.0000 02/15/2036 0.00%
FHR 3175 MO PO 00.0000 06/15/2036 0.00%
FHR 3210 PO PO 00.0000 05/15/2036 0.00%
FHR 3707 PI IO 04.5000 07/15/2025 0.00%
FNMA FN30 256349 06.0000 08/01/2036 0.00%
FNMA FN30 879494 06.0000 02/01/2036 0.00%
FNMA FN30 902070 06.0000 12/01/2036 0.00%
FNMA FN30 MA2157 UMBS 04.0000 01/01/2045 0.00%
FNR 2007-64 LO PO 00.0000 07/25/2037 0.00%
GECMC 2007-C1 XC IO P/P 144A 00.2697 12/10/2049 0.00%
GNMA GII30 AN4740 04.7000 06/20/2065 0.00%
GNMA GII30 AN4741 04.4040 06/20/2065 0.00%
GNR 2006-36 OD PO 00.0000 07/16/2036 0.00%
IOS.FN30.600.08 R USL1M P 01/12/39 GS 0.00%
SWPTN 1YX5Y R 1.765 USD 06/26/2020 CI 0.00%
SWPTN 3MX5Y P 1.736 USD 09/27/2019 GS 0.00%
SWPTN 5WX30Y P 2.3025 USD 07/15/2019 GS 0.00%
TIAA ASSET MGMT FIN P/P 144A 04.1250 11/01/2024 0.00%
2.194 R ISWP FWD US0003M P 07/17/2049 0.00%
2.199 R ISWP FWD US0003M P 07/17/2049 0.00%
2.229 R ISWP FWD US0003M P 07/17/2049 0.00%
BACM 2004-5 XC IO P/P 144A 00.5972 11/10/2041 0.00%
BACM 2005-1 XW IO P/P 144A 00.0000 11/10/2042 0.00%
BACM 2007-1 XW IO 00.4020 01/15/2049 0.00%
BACM 2007-5 XW IO P/P 144A 00.0000 02/10/2051 0.00%
BSCMS 04-PR3I X1 IO 00.0000 02/11/2041 0.00%
BSCMS 06-PW14 X1 IO P/P 144A 00.5010 12/11/2038 0.00%
CD 2007-CD4 XW IO P/P 144A 00.7284 12/11/2049 0.00%
CGCMT 2006-C5 XC IO P/P 144A 00.7231 10/15/2049 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CG 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CG 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 CS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 GS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 JP 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 ML 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.6 2063-05-11 200.0 05/11/2063 MS 0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CG 0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 CS 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 JP 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 JP 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 ML 0.00%
CMB CMBX.NA.BB.9 2058-09-17 500.0 09/17/2058 ML 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP 0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 MS 0.00%
COMM 2006-C8 XS IO P/P 144A 00.6983 12/10/2046 0.00%
CPURNSA R 1.89 P 07/05/22 0.00%
CSMC 2007-C2 AX IO P/P 144A 00.0484 01/15/2049 0.00%
FHR 3206 EO PO 00.0000 08/15/2036 0.00%
FHR 3326 WF 00.0000 10/15/2035 0.00%
FHR 3369 BO PO 00.0000 09/15/2037 0.00%
FNR 2001-50 BI IO 00.3801 10/25/2041 0.00%
FNR 2006-125 OX PO 00.0000 01/25/2037 0.00%
FNR 2006-46 OC PO 00.0000 06/25/2036 0.00%
FNR 2006-84 OT PO 00.0000 09/25/2036 0.00%
FNW 2002-W6 1AIO IO 00.0000 06/25/2042 0.00%
FNW 2005-W4 1AIO IO 00.0623 08/25/2045 0.00%
FPLUS 1997-3 B1 07.7900 11/10/2023 0.00%
GNR 2011-116 IB IO 05.0000 10/20/2040 0.00%
JPMCC 05-CB12 X1 IO P/P 144A 00.5133 09/12/2037 0.00%
JPMCC 06-LDP6 X1 IO P/P 144A 00.0000 04/15/2043 0.00%
JPMCC 2006-LDP8 X IO 00.2853 05/15/2045 0.00%
JPMCC 2007-LDPX X IO 00.3240 01/15/2049 0.00%
LBUBS 2005-C5 XCL IO P/P 144A 0.09 3 09/15/2040 0.00%
LBUBS 2005-C7 XCL IO P/P 144A 00.5069 11/15/2040 0.00%
LBUBS 2007-C2 XCL IO P/P 144A 00.4815 02/15/2040 0.00%
LBUBS 2007-C2 XW IO 00.4815 02/15/2040 0.00%
MEZZ 2005-C3 X IO P/P 144A 07.1366 05/15/2044 0.00%
MEZZ 2006-C4 X IO P/P 144A 06.5270 07/15/2045 0.00%
MLMT 2004-KEY2 XC IO P/P 144A 01.0098 08/12/2039 0.00%
MLMT 2005-MCP1 XC IO P/P 144A 00.0012 06/12/2043 0.00%
OPTN FN30 3.5 07/08/19 PUT 100.09765625 JPMC 0.00%
OPTN FN30 3.5 07/08/19 PUT 100.28515625 JPMC 0.00%
OPTN FN30 3.5 07/08/19 PUT 100.59765625 JPMC 0.00%
OPTN FN30 3.5 07/08/19 PUT 100.78515625 JPMC 0.00%
OPTN FN30 3.5 07/08/19 PUT 101.09765625 JPMC 0.00%
OPTN FN30 3.5 07/08/19 PUT 101.28515625 JPMC 0.00%
OPTN FN30 3.5 07/08/19 PUT 99.59765625 JPMC 0.00%
OPTN FN30 3.5 07/08/19 PUT 99.78515625 JPMC 0.00%
SWPTN 1YX10Y P 3.096 USD 11/29/2019 JP 0.00%
SWPTN 1YX2Y P 3.095 USD 11/19/2019 JP 0.00%
SWPTN 1YX2Y P 3.0975 USD 11/18/2019 MS 0.00%
SWPTN 1YX2Y P 3.3975 USD 11/18/2019 MS 0.00%
SWPTN 1YX2Y P 3.415 USD 11/19/2019 JP 0.00%
SWPTN 1YX5Y R 1.755 USD 06/29/2020 GS 0.00%
SWPTN 2MX10Y P 2.373 USD 07/30/2019 CI 0.00%
SWPTN 2MX10Y P 2.401 USD 07/30/2019 BA 0.00%
SWPTN 2MX10Y P 2.463 USD 07/30/2019 CI 0.00%
SWPTN 3MX1Y P 2.458 USD 07/26/2019 GS 0.00%
SWPTN 3MX1Y P 2.558 USD 07/26/2019 GS 0.00%
SWPTN 3MX1Y P 2.658 USD 07/26/2019 GS 0.00%
USL3M P ISWP USL6M R 05/26/2020 0.00%
WBCMT 2006-C29 IO IO 00.4775 11/15/2048 0.00%
WBCMT 2007-C34 IO IO 00.1233 05/15/2046 0.00%
2.263 R ISWP FWD US0003M P 07/17/2049 -0.00%
2.299 R ISWP FWD US0003M P 06/12/2049 -0.00%
2.3075 R ISWP FWD US0003M P 06/22/2052 -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 BA -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 CS -0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 GS -0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP -0.00%
SWPTN 2MX10Y P 2.283 USD 07/30/2019 CI -0.00%
SWPTN 3MX5Y R 1.736 USD 09/27/2019 GS -0.00%
SWPTN 3MX5Y R 1.746 USD 09/26/2019 CI -0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CG -0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CG -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 BA -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 ML -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 GS -0.00%
SWPTN 1YX5Y P 1.755 USD 06/29/2020 GS -0.00%
SWPTN 1YX5Y P 1.765 USD 06/26/2020 CI -0.00%
SWPTN 9WX10Y P 2.265 USD 08/05/2019 MS -0.00%
1.974 R ISWP US0003M P 07/01/2029 -0.00%
CMB CMBX.NA.A.7 2047-01-17 200.0 01/17/2047 JP -0.00%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 JP -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 CS -0.00%
IOS.FN30.500.10 P USL1M R 01/12/41 BC -0.00%
SWPTN 1YX10Y P 2.715 USD 02/27/2020 MS -0.00%
SWPTN 1YX10Y P 2.7225 USD 02/18/2020 MS -0.00%
SWPTN 2YX3Y P 2.975 USD 11/30/2020 JP -0.00%
2.0625 R ISWP FWD US0003M P 06/22/2030 -0.00%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 BA -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 BA -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.00%
SWPTN 5YX30Y P 3.27 USD 10/17/2023 MS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 ML -0.00%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.00%
CMB CMBX.NA.BBB-.7 2047-01-17 300.0 01/17/2047 JP -0.00%
SWPTN 10WX10Y P 2.191 USD 08/09/2019 GS -0.00%
2.25 R ISWP FWD US0003M P 09/18/2049 -0.01%
2.528 R ISWP FWD US0003M P 02/02/2024 -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.01%
SWPTN 2YX5Y P 2.664 USD 05/24/2021 MS -0.01%
CMB CMBX.NA.BB.7 2047-01-17 500.0 01/17/2047 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 ML -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.01%
MBX.FN30.650.67 P USL1M R 01/12/38 GS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
2.488 R ISWP FWD US0003M P 06/12/2049 -0.01%
2.565 R ISWP FWD US0003M P 06/12/2049 -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
IOS.FN30.500.08 P USL1M R 01/12/39 CS -0.01%
2.5365 R ISWP FWD US0003M P 06/12/2049 -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.01%
SWPTN 10WX10Y P 2.101 USD 08/09/2019 GS -0.01%
2.5335 R ISWP FWD US0003M P 06/12/2049 -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 ML -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.01%
OPTN FN30 3.0 08/06/19 PUT 100.8125 JPMC -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.01%
SWPTN 3YX2Y P 2.2275 USD 05/16/2022 BA -0.01%
SWPTN 7YX25Y P 2.902 USD 11/08/2024 JP -0.01%
2.537 R ISWP FWD US0003M P 06/12/2049 -0.01%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 GS -0.01%
SWPTN 12YX10Y P 2.5 USD 11/09/2029 JP -0.01%
CMB CMBX.NA.BB.6 2063-05-11 500.0 05/11/2063 CG -0.02%
SWPTN 7YX25Y P 2.689 USD 11/12/2024 CI -0.02%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.02%
SWPTN 10YX20Y P 2.8175 USD 03/23/2027 GS -0.02%
SWPTN 5WX10Y R 2.065 USD 07/15/2019 BC -0.02%
2.6059 R ISWP FWD US0003M P 06/12/2049 -0.02%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.02%
IOS.FN30.500.10 P USL1M R 01/12/41 CS -0.02%
SWPTN 7YX25Y P 2.505 USD 11/13/2024 MS -0.02%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.02%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP -0.02%
MBX.FN30.650.67 P USL1M R 01/12/38 GS -0.02%
2.4105 R ISWP FWD US0003M P 06/14/2052 -0.02%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CG -0.02%
SWPTN 7YX10Y P 3.01 USD 02/27/2026 MS -0.02%
2.184 R ISWP FWD US0003M P 12/07/2030 -0.02%
IOS.FN30.550.05 P USL1M R 01/12/36 BC -0.02%
SWPTN 3YX5Y P 2.823 USD 05/23/2022 GS -0.02%
SWPTN 7YX10Y P 2.97 USD 02/17/2026 MS -0.02%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.02%
2.1935 R ISWP FWD US0003M P 12/14/2030 -0.02%
IOS.GII30.500.10 P USL1M R 01/12/41 JP -0.02%
IOS.FN30.350.12 P USL1M R 01/12/43 GS -0.02%
SWPTN 1MX30Y R 2.38 USD 06/28/2019 JP -0.02%
2.098 R ISWP FWD US0003M P 03/04/2030 -0.03%
2.67 R ISWP FWD US0003M P 03/28/2052 -0.03%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 MS -0.03%
IOS.FN30.500.10 P USL1M R 01/12/41 GS -0.03%
IOS.FN30.500.10 P USL1M R 01/12/41 JP -0.03%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP -0.04%
IOS.FN30.300.13 P USL1M R 01/12/44 GS -0.04%
2.6785 R ISWP US0003M P 02/13/2029 -0.04%
MBX.FN30.650.67 P USL1M R 01/12/38 GS -0.05%
1.80 R ISWP FWD US0003M P 09/18/2024 -0.05%
SWPTN 7YX10Y R 2.97 USD 02/17/2026 MS -0.05%
SWPTN 7YX10Y R 3.01 USD 02/27/2026 MS -0.05%
IOS.FN30.350.13 P USL1M R 01/12/44 JP -0.07%
IOS.FN30.400.13 P USL1M R 01/12/44 JP -0.07%
SWPTN 5YX10Y P 3.229 USD 11/30/2023 JP -0.07%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 CS -0.08%
2.44 R ISWP FWD US0003M P 03/26/2030 -0.08%
IOS.FN30.400.10 P USL1M R 01/12/41 CS -0.09%
FNMA FN30 TBA UMBS 05.0000 07/01/2049 -0.10%
SWPTN 5YX10Y P 2.9425 USD 02/13/2024 GS -0.11%
2.647 R ISWP FWD US0003M P 03/16/2030 -0.11%
MBX.FN30.600.08 P USL1M R 01/12/39 BC -0.12%
SWPTN 6YX24Y R 2.75 USD 05/22/2025 MS -0.12%
SWPTN 1YX10Y R 2.715 USD 02/27/2020 MS -0.12%
SWPTN 1YX10Y R 2.7225 USD 02/18/2020 MS -0.12%
MBX.FN30.650.67 P USL1M R 01/12/38 GS -0.13%
SWPTN 5YX24Y R 3.0 USD 04/04/2024 MS -0.14%
SWPTN 5YX24Y R 3.0 USD 04/12/2024 MS -0.14%
SWPTN 6YX24Y R 3.0 USD 01/31/2025 MS -0.14%
2.77 R ISWP US0003M P 01/22/2021 -0.15%
SWPTN 5YX30Y P 2.8325 USD 02/15/2022 JP -0.16%
SWPTN 2YX3Y R 2.975 USD 11/30/2020 JP -0.18%
MBX.FN30.650.67 P USL1M R 01/12/38 GS -0.18%
SWPTN 7YX30Y P 3.195 USD 11/28/2025 BA -0.21%
SWPTN 10YX30Y P 2.7875 USD 04/24/2029 MS -0.24%
CMB CMBX.NA.BBB-.6 2063-05-11 300.0 05/11/2063 JP -0.26%
SWPTN 5YX10Y R 2.9425 USD 02/13/2024 GS -0.37%
SWPTN 5YX10Y R 3.229 USD 11/30/2023 JP -0.45%
3.065 R ISWP FWD US0003M P 01/03/2029 -0.46%
SWPTN 10YX30Y R 2.7875 USD 04/24/2029 MS -0.49%
SWPTN 7YX30Y R 3.195 USD 11/28/2025 BA -1.00%
MBX.FN30.650.67 P USL1M R 01/12/38 BC -1.97%
GNMA GII30 TBA 05.0000 07/01/2049 -2.44%
FNMA FN30 TBA UMBS 03.0000 08/01/2049 -3.24%
90DAY EURO$ FUTR MAR21 EDH1 -31.79%

Prior top 10 holdings

Top 10 holdings as of 08/31/19
Fnma Fn30 Tba Umbs 03.5000 09/01/2049
Fnma Fn30 Tba Umbs 03.0000 09/01/2049
Fnma Fn30 Tba Umbs 04.0000 09/01/2049
Gnma Gii30 Tba 03.5000 09/01/2049
Gnma Gii30 Tba 04.0000 09/01/2049
Gnma Gii30 Tba 04.5000 09/01/2049
Goldman Sachs Group 04.2230 05/01/2029
Fnma Fn30 Tba Umbs 04.5000 09/01/2049
Stacr 2016-Hqa1 M3 08.4953 09/25/2028
Verizon Comm 04.3290 09/21/2028
Holdings represent 34.71% of portfolio
Top 10 holdings as of 07/31/19
Fnma Fn30 Tba Umbs 03.5000 08/01/2049
Fnma Fn30 Tba Umbs 03.0000 08/01/2049
Fnma Fn30 Tba Umbs 04.0000 08/01/2049
Gnma Gii30 Tba 03.5000 08/01/2049
Gnma Gii30 Tba 04.0000 08/01/2049
Gnma Gii30 Tba 04.5000 08/01/2049
Cas 2016-C03 2m2 08.1660 10/25/2028
Fnma Fn30 Tba Umbs 04.5000 08/01/2049
Stacr 2016-Hqa1 M3 08.6160 09/25/2028
Goldman Sachs Group 04.2230 05/01/2029
Holdings represent 32.04% of portfolio
Top 10 holdings as of 06/30/19
Fnma Fn30 Tba Umbs 03.5000 08/01/2049
Fnma Fn30 Tba Umbs 04.0000 08/01/2049
Fnma Fn30 Tba Umbs 04.0000 07/01/2049
Gnma Gii30 Tba 04.0000 07/01/2049
Gnma Gii30 Tba 03.5000 07/01/2049
Gnma Gii30 Tba 04.5000 07/01/2049
Cas 2016-C03 2m2 08.3044 10/25/2028
Gnma Gii30 Ma3803 03.5000 07/20/2046
Fnma Fn30 Tba Umbs 04.5000 07/01/2049
Stacr 2016-Hqa1 M3 08.7544 09/25/2028
Holdings represent 25.25% of portfolio
Top 10 holdings as of 05/31/19
FNMA FN30 TBA UMBS 03.5000 06/01/2049
Fnma Fn30 Tba Umbs 04.0000 07/01/2049
FNMA FN30 TBA UMBS 04.0000 06/01/2049
Gnma Gii30 Tba 04.0000 06/01/2049
Gnma Gii30 Tba 03.5000 06/01/2049
Gnma Gii30 Tba 04.5000 06/01/2049
Cas 2016-C03 2m2 08.3298 10/25/2028
Gnma Gii30 Ma3803 Umbs 03.5000 07/20/2046
Stacr 2016-Hqa1 M3 08.7798 09/25/2028
FNMA FN30 TBA UMBS 04.5000 06/01/2049
Holdings represent 26.26% of portfolio

Fixed income statistics as of 08/31/19

Average effective maturity 5.30 yrs.
Average effective duration 5.74 yrs.
Average yield to maturity 3.39%
Average coupon 4.21%
Average price $92.92

Sector weightings as of 08/31/19

  Cash investments Non-cash investments Total portfolio
  Weight Spread duration Weight Spread duration Weight Spread duration
Agency pass-through 9.64% 0.48 31.21% 1.13 40.85% 1.61
Commercial MBS 9.86% 0.28 14.89% 0.36 24.75% 0.64
Investment-grade corporate bonds 21.08% 1.61 0.00% 0.00 21.08% 1.61
Agency CMO 12.19% 0.43 0.21% 0.01 12.40% 0.44
Residential MBS (non-agency) 11.01% 0.33 0.00% 0.00 11.01% 0.33
Asset-backed securities (ABS) 1.69% 0.07 0.00% 0.00 1.69% 0.07
High-yield corporate bonds 1.64% 0.07 0.00% 0.00 1.64% 0.07
Municipal bonds 0.16% 0.02 0.00% 0.00 0.16% 0.02
Emerging-market bonds 0.01% 0.00 0.00% 0.00 0.01% 0.00
Interest rate swaps 0.00% 0.00 0.00% 1.68 0.00% 1.68
U.S. Treasury/agency 0.00% 0.00 0.00% 1.41 0.00% 1.41
Net cash 32.73% 0.00 0.00% 0.00 32.73% 0.00

Spread duration is displayed in years and reflects the contribution by sector to the portfolio's total spread duration with the exception of the Treasury and Interest-rate swap sectors where effective duration is displayed. Spread duration estimates the price sensitivity of a specific sector or asset class to a 100 basis-point movement, 1%, (either widening or narrowing) in its yield spread relative to Treasuries. Effective duration provides a measure of a portfolio's interest-rate sensitivity. The longer a portfolio's duration, the more sensitive the portfolio is to shifts in the interest rates. Allocations may not total 100% of net assets because the table includes the notional value of derivatives (the economic value for purposes of calculating periodic payment obligations), in addition to the market value of securities.

Maturity detail as of 08/31/19

0 - 1 yr. 3.58%
1 - 5 yrs. 62.55%
5 - 10 yrs. 29.74%
10 - 15 yrs. 0.49%
Over 15 yrs. 3.64%

Quality rating as of 08/31/19

AAA 66.09%
AA 3.14%
A 18.95%
BBB 19.67%
BB 3.89%
B 4.10%
CCC and Below 0.96%
Not Rated -16.80%

Fund characteristics will vary over time.

Due to rounding, percentages may not equal 100%.

Consider these risks before investing: Funds that invest in government securities are not guaranteed. Mortgage-backed investments, unlike traditional debt investments, are also subject to prepayment risk, which means that they may increase in value less than other bonds when interest rates decline and decline in value more than other bonds when interest rates rise. Bond investments are subject to interest-rate risk (the risk of bond prices falling if interest rates rise) and credit risk (the risk of an issuer defaulting on interest or principal payments). The fund may have to invest the proceeds from prepaid investments, including mortgage-backed investments, in other investments with less attractive terms and yields. Interest-rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds. Risks associated with derivatives include increased investment exposure (which may be considered leverage) and, in the case of over-the-counter instruments, the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. Unlike bonds, funds that invest in bonds have fees and expenses. The value of investments in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, geography, industry or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund's portfolio holdings. You can lose money by investing in the fund.

Credit qualities are shown as a percentage of the fund's net assets. A bond rated BBB or higher (A-3 or higher, for short-term debt) is considered investment grade. This chart reflects the highest security rating provided by one or more of Standard & Poor’s, Moody’s, and Fitch. To-be-announced (TBA) mortgage commitments, if any, are included based on their issuer ratings. Ratings may vary over time. Cash, derivative instruments, and net other assets are shown in the not-rated category. Payables and receivables for TBA mortgage commitments are included in the not-rated category and may result in negative weights. The fund itself has not been rated by an independent rating agency.

Country allocation as of 08/31/19

United States 95.72%
Bermuda 1.11%
Canada 1.01%
United Kingdom 0.85%
France 0.32%
Spain 0.24%
Switzerland 0.16%
Germany 0.15%
Australia 0.14%
 
Other
0.30%
Ireland 0.10%
Japan 0.09%
Norway 0.06%
Netherlands 0.04%
Peru 0.01%

Expenses

Expense ratio

Class A Class B Class C Class M Class R Class R5 Class R6 Class Y
Total expense ratio 0.88% 1.63% 1.63% 1.13% 1.13% 0.58% 0.51% 0.63%
What you pay 0.88% 1.63% 1.63% 1.13% 1.13% 0.58% 0.51% 0.63%

Sales charge

 Breakpoint Class A Class B Class C Class M Class R Class R5 Class R6 Class Y
$0-$49,999 4.00% / 3.50% 0.00% / 4.00% 0.00% / 1.00% 3.25% / 3.00% -- -- -- --
$50,000-$99,999 4.00% / 3.50% 0.00% / 4.00% 0.00% / 1.00% 2.25% / 2.00% -- -- -- --
$100,000-$249,999 3.25% / 2.75% -- 0.00% / 1.00% 1.25% / 1.00% -- -- -- --
$250,000-$499,999 2.50% / 2.00% -- 0.00% / 1.00% 1.00% / 1.00% -- -- -- --
$500,000-$999,999 0.00% / 1.00% -- -- -- -- -- -- --
$1M-$4M 0.00% / 1.00% -- -- -- -- -- -- --
$4M-$50M 0.00% / 0.50% -- -- -- -- -- -- --
$50M+ 0.00% / 0.25% -- -- -- -- -- -- --

CDSC

  Class A (sales for $500,000+) Class B Class C Class M Class R Class R5 Class R6 Class Y
0 to 9 mts. 1.00% 5.00% 1.00% -- -- -- -- --
9 to 12 mts. 1.00% 5.00% 1.00% -- -- -- -- --
2 yrs. 0.00% 4.00% 0.00% -- -- -- -- --
3 yrs. 0.00% 3.00% 0.00% -- -- -- -- --
4 yrs. 0.00% 3.00% 0.00% -- -- -- -- --
5 yrs. 0.00% 2.00% 0.00% -- -- -- -- --
6 yrs. 0.00% 1.00% 0.00% -- -- -- -- --
7+ yrs. 0.00% 0.00% 0.00% -- -- -- -- --

Trail commissions

  Class A Class B Class C Class M Class R Class R5 Class R6 Class Y
  0.25% 0.25% 1.00% 0.40% 0.50% 0.00% 0.00% 0.00%
  NA NA NA NA NA NA NA NA
  NA NA NA NA NA NA NA NA

For sales and trail commission information on purchases over $500,000 and participant-directed qualified retirement plans, see a Putnam fund prospectus and the statement of additional information.

The Bloomberg Barclays U.S. Aggregate Bond Index is an unmanaged index of U.S. investment-grade fixed-income securities. You cannot invest directly in an index.

Consider these risks before investing: Funds that invest in government securities are not guaranteed. Mortgage-backed investments, unlike traditional debt investments, are also subject to prepayment risk, which means that they may increase in value less than other bonds when interest rates decline and decline in value more than other bonds when interest rates rise. Bond investments are subject to interest-rate risk (the risk of bond prices falling if interest rates rise) and credit risk (the risk of an issuer defaulting on interest or principal payments). The fund may have to invest the proceeds from prepaid investments, including mortgage-backed investments, in other investments with less attractive terms and yields. Interest-rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds. Risks associated with derivatives include increased investment exposure (which may be considered leverage) and, in the case of over-the-counter instruments, the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. Unlike bonds, funds that invest in bonds have fees and expenses. The value of investments in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, geography, industry or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund's portfolio holdings. You can lose money by investing in the fund.

Credit qualities are shown as a percentage of the fund's net assets. A bond rated BBB or higher (A-3 or higher, for short-term debt) is considered investment grade. This chart reflects the highest security rating provided by one or more of Standard & Poor’s, Moody’s, and Fitch. To-be-announced (TBA) mortgage commitments, if any, are included based on their issuer ratings. Ratings may vary over time. Cash, derivative instruments, and net other assets are shown in the not-rated category. Payables and receivables for TBA mortgage commitments are included in the not-rated category and may result in negative weights. The fund itself has not been rated by an independent rating agency.