Q1 2025 Holdings
Filed 2025-05-13 | 31 holdings | $951.5M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| iShares(USHY) | Broad USD High Yield Corporate Bond ETF | 46435U853 | $171.2M | 4,651,110 | 18.0% |
| Spdr(JNK) | Bloomberg High Yield Bond ETF | 78468R622 | $108.4M | 1,136,980 | 11.4% |
| Vanguard(VOO) | S&P 500 ETF | 922908363 | $107.3M | 208,811 | 11.3% |
| Spdr(SPHY) | Portfolio High Yield Bond ETF | 78468R606 | $97.9M | 4,179,100 | 10.3% |
| VanEck(ANGL) | Fallen Angel High Yield Bond ETF | 92189F437 | $64.1M | 2,219,726 | 6.7% |
| Janus Henderson(JAAA) | AAA CLO ETF | 47103U845 | $53.2M | 1,050,087 | 5.6% |
| Spdr(SRLN) | Blackstone Senior Loan ETF | 78467V608 | $51.2M | 1,244,811 | 5.4% |
| Spdr(SJNK) | Bloomberg Short Term High Yield Bond ETF | 78468R408 | $36.5M | 1,450,000 | 3.8% |
| Xtrackers(HYLB) | USD High Yield Corporate Bond ETF | 233051432 | $35.1M | 970,000 | 3.7% |
| Vanguard(VCSH) | Short-Term Corporate Bond ETF | 92206C409 | $31.9M | 404,709 | 3.4% |
| Invesco(BKLN) | Senior Loan ETF | 46138G508 | $31.1M | 1,503,940 | 3.3% |
| Pimco(LONZ) | Pimco Senior Loan Active Exchange-Traded Fund | 72201R627 | $21.1M | 418,184 | 2.2% |
| FlexShares(HYGV) | High Yield Value-Scored Bond Index Fund | 33939L662 | $20.9M | 518,700 | 2.2% |
| Pgim(PULS) | Ultra Short Bond ETF | 69344A107 | $13.2M | 264,464 | 1.4% |
| Franklin(FLHY) | High Yield Corporate ETF | 35473P629 | $12.1M | 508,911 | 1.3% |
| Janus Henderson(JSI) | Securitized Income ETF | 47103U746 | $11.3M | 215,100 | 1.2% |
| Pimco(PYLD) | Multisector Bond Active ETF | 72201R585 | $8.4M | 319,651 | 0.9% |
| abrdn(SGOL) | Physical Gold Shares ETF | 00326A104 | $8.4M | 280,678 | 0.9% |
| iShares(FLOT) | Floating Rate Bond ETF | 46429B655 | $8.1M | 158,447 | 0.9% |
| iShares(IYR) | U.S. Real Estate ETF | 464287739 | $7.8M | 81,873 | 0.8% |
| Spdr(SPYM) | Portfolio S&P 500 ETF | 78464A854 | $7.8M | 118,903 | 0.8% |
| iShares(HYG) | iBoxx $ High Yield Corporate Bond ETF | 464288513 | $7.8M | 98,852 | 0.8% |
| Invesco | QQQ Trust Series 1 | 46090E107 | $7.7M | 16,493 | 0.8% |
| Vanguard(VGK) | FTSE Europe ETF | 922042874 | $7.7M | 109,665 | 0.8% |
| iShares(IEF) | 7-10 Year Treasury Bond ETF | 464287440 | $7.2M | 75,620 | 0.8% |
| BNY Mellon(BKUI) | Ultra Short Income ETF | 09661T859 | $6.2M | 124,401 | 0.7% |
| Janus Henderson(VNLA) | Short Duration Income ETF | 47103U886 | $5.8M | 118,940 | 0.6% |
| Janus Henderson(JBBB) | B-BBB CLO ETF | 47103U753 | $1.4M | 29,260 | 0.1% |
| John Hancock(JHHY) | High Yield ETF | 47804J719 | $634.3K | 25,000 | 0.1% |