| Coupon Rate | Maturity | % | |
|---|---|---|---|
| U.S. Treasury Note | 2.875% | 08/15/28 | 9.3% |
| U.S. Treasury Note | 1.750% | 07/31/24 | 7.5% |
| U.S. Treasury Bond | 3.000% | 08/15/48 | 5.1% |
| Residential Asset SecuritizationTrust | 5.000% | 07/25/33 | 2.4% |
| Countrywide Home Loans | 5.400% | 03/25/35 | 2.2% |
| Sequoia Mortgage Trust 2013-5 | 2.500% | 05/25/43 | 1.9% |
| Federal National Mortgage Association | 4.740% | 10/25/33 | 1.5% |
| Altria Group Inc. | 5.950% | 02/14/49 | 1.4% |
| Phillip Morris Intl Inc. | 6.375% | 05/16/38 | 1.4% |
| Popular Abs Mortgage Pass-Through Trust | 1.207% | 07/25/35 | 1.3% |
(Moody's/S&P/Fitch)
| U.S. Treasury | 22.2% |
| U.S. Agency | 4.8% |
| Aaa/AAA/AAA | 47.1% |
| Aa/AA/AA | 4.4% |
| A/A/A | 7.4% |
| Baa/BBB/BBB | 6.9% |
| Ba/BB/BB | 6.2% |
| B/B/B | 0.8% |
| Ca/CC/CC | 0.2% |
| Cash Equivalents | 34.4% |
| Mortgage-Backed | 32.9% |
| U.S. Treasury | 22.2% |
| Asset-Backed | 7.7% |
| Corporate Bonds | 2.8% |
The composition of the Portfolio is as of March 31, 2020 and is subject to change.