Primary: Deeply discounted residential MBS (60 – 100% of the portfolio*)
Secondary: Deeply discounted other ABS such as - manufactured housing, autos, franchise, airplane, commercial real estate, REITs and/or credit default swaps (0 – 40% of the portfolio*)
Largest holdings typically 1.5 – 5% of portfolio
*Allocation ranges are dependent on market conditions and opportunities and may deviate accordingly.
Portfolio composition is subject to change and should not be considered investment advice. Portfolio composition excludes cash and equivalents.
Weights may not equal 100% due to rounding. Weights are as of 6/30/2023.
|Weighted Average Life||8.35 Years|
|# of Holdings||635|