PFM Multi-Manager Fixed-Income Fund

Fund Profile

Fund profile

Fund manager

PFM Multi-Manager Series Trust

Total assets

$1.51 bn

Liabilities

$18.30 mm

Net assets

$1.49 bn

Number of holdings

1.92 k

Top 200 of 1918 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
iShares Core U.S. Aggregate Bond ETF	95.39 mm	941.96 k shares	6.39	Common equity	Long	USA
BrandywineGLOBAL High Yield Fund	59.45 mm	5.74 mm shares	3.98	Common equity	Long	USA
NYLI MacKay High Yield Corporate Bond Fund	33.75 mm	6.43 mm shares	2.26	Common equity	Long	USA
United States Treasury Note/Bond	23.46 mm	23.64 mm principal	1.57	Debt	Long	USA
BlackRock Liquidity FedFund	23.37 mm	23.37 mm shares	1.56	Short-term investment vehicle	Long	USA
BlackRock Fund Advisors	18.56 mm	169.78 k shares	1.24	Common equity	Long	USA
United States Treasury Note/Bond	16.80 mm	15.48 mm principal	1.12	Debt	Long	USA
United States Treasury Note/Bond	13.13 mm	13.09 mm principal	0.88	Debt	Long	USA
United States Treasury Note/Bond	11.01 mm	14.14 mm principal	0.74	Debt	Long	USA
Fannie Mae Pool	8.76 mm	8.91 mm principal	0.59	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	7.85 mm	7.81 mm principal	0.53	Debt	Long	USA
Freddie Mac Pool	7.80 mm	8.95 mm principal	0.52	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	7.27 mm	7.22 mm principal	0.49	Debt	Long	USA
Fannie Mae Pool	7.16 mm	7.45 mm principal	0.48	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	7.06 mm	7.35 mm principal	0.47	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	6.89 mm	11.72 mm principal	0.46	Debt	Long	USA
Ginnie Mae II Pool	6.36 mm	6.58 mm principal	0.43	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	6.12 mm	6.37 mm principal	0.41	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	6.11 mm	6.21 mm principal	0.41	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	5.64 mm	8.15 mm principal	0.38	Debt	Long	USA
United States Treasury Note/Bond	5.34 mm	5.72 mm principal	0.36	Debt	Long	USA
United States Treasury Note/Bond	5.30 mm	7.46 mm principal	0.35	Debt	Long	USA
Freddie Mac Pool	5.11 mm	5.32 mm principal	0.34	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.91 mm	4.81 mm principal	0.33	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	4.82 mm	6.23 mm principal	0.32	Debt	Long	USA
Fannie Mae Pool	4.81 mm	5.79 mm principal	0.32	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.68 mm	5.40 mm principal	0.31	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.61 mm	4.61 mm principal	0.31	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.33 mm	4.65 mm principal	0.29	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.23 mm	4.40 mm principal	0.28	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	4.22 mm	4.86 mm principal	0.28	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	4.18 mm	4.13 mm principal	0.28	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.07 mm	4.85 mm principal	0.27	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	4.06 mm	4.01 mm principal	0.27	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	3.86 mm	4.65 mm principal	0.26	Debt	Long	USA
Fannie Mae Pool	3.85 mm	3.91 mm principal	0.26	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	3.74 mm	4.15 mm principal	0.25	ABS-mortgage backed security	Long	USA
United States Treasury Inflation Indexed Bonds	3.62 mm	3.58 mm principal	0.24	Debt	Long	USA
Ginnie Mae II Pool	3.57 mm	4.04 mm principal	0.24	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	3.52 mm	3.59 mm principal	0.24	ABS-mortgage backed security	Long	USA
Wells Fargo Mortgage Backed Securities 2022-2 Trust	3.41 mm	4.06 mm principal	0.23	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	3.40 mm	4.09 mm principal	0.23	ABS-mortgage backed security	Long	USA
United States Treasury Strip Coupon	3.33 mm	6.84 mm principal	0.22	Debt	Long	USA
Bain Capital Credit CLO 2019-1	3.25 mm	3.25 mm principal	0.22	ABS-collateralized bond/debt obligation	Long	Cayman Islands
CIFC Funding 2018-II Ltd	3.25 mm	3.25 mm principal	0.22	ABS-collateralized bond/debt obligation	Long	Cayman Islands
BANK5 2023-5YR2	3.20 mm	3.00 mm principal	0.21	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	3.18 mm	3.47 mm principal	0.21	ABS-mortgage backed security	Long	USA
Ginnie Mae II Pool	3.17 mm	3.42 mm principal	0.21	ABS-mortgage backed security	Long	USA
Ginnie Mae II Pool	3.09 mm	3.50 mm principal	0.21	ABS-mortgage backed security	Long	USA
Fannie Mae REMICS	3.05 mm	3.68 mm principal	0.20	ABS-mortgage backed security	Long	USA
Madison Park Funding XXXVII Ltd	3.02 mm	3.00 mm principal	0.20	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Barrow Hanley CLO III Ltd	3.01 mm	3.00 mm principal	0.20	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Fannie Mae Pool	3.01 mm	3.01 mm principal	0.20	ABS-mortgage backed security	Long	USA
BlueMountain CLO XXXI Ltd	3.00 mm	3.00 mm principal	0.20	ABS-collateralized bond/debt obligation	Long	Cayman Islands
NGC 2024-I Ltd	3.00 mm	3.00 mm principal	0.20	ABS-collateralized bond/debt obligation	Long	Jersey
Citigroup Commercial Mortgage Trust 2016-GC37	2.94 mm	3.00 mm principal	0.20	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	2.93 mm	2.65 mm principal	0.20	Debt	Long	USA
FREMF 2018-K84 Mortgage Trust	2.92 mm	3.00 mm principal	0.20	ABS-mortgage backed security	Long	USA
D Dominion Energy, Inc.	2.87 mm	2.63 mm principal	0.19	Debt	Long	USA
Ford Credit Auto Owner Trust 2021-REV1	2.87 mm	3.00 mm principal	0.19	ABS-other	Long	USA
GS Mortgage-Backed Securities Trust 2021-PJ6	2.86 mm	3.87 mm principal	0.19	ABS-mortgage backed security	Long	USA
Ginnie Mae II Pool	2.85 mm	3.13 mm principal	0.19	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	2.85 mm	3.06 mm principal	0.19	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	2.82 mm	2.78 mm principal	0.19	ABS-mortgage backed security	Long	USA
FREMF 2020-K104 Mortgage Trust	2.82 mm	3.00 mm principal	0.19	ABS-mortgage backed security	Long	USA
Oxford Finance Funding Trust 2023-1	2.74 mm	2.70 mm principal	0.18	ABS-other	Long	USA
Duke Energy Carolinas LLC	2.70 mm	3.00 mm principal	0.18	Debt	Long	USA
TotalEnergies Capital SA	2.67 mm	2.65 mm principal	0.18	Debt	Long	France
RCKT Mortgage Trust 2021-5	2.66 mm	3.16 mm principal	0.18	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	2.66 mm	3.19 mm principal	0.18	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	2.63 mm	2.62 mm principal	0.18	ABS-mortgage backed security	Long	USA
Benchmark 2021-B30 Mortgage Trust	2.60 mm	3.00 mm principal	0.17	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	2.59 mm	2.60 mm principal	0.17	Debt	Long	USA
PEP PepsiCo, Inc.	2.57 mm	3.00 mm principal	0.17	Debt	Long	USA
Fannie Mae Pool	2.56 mm	2.53 mm principal	0.17	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	2.51 mm	2.76 mm principal	0.17	Debt	Long	USA
United States Treasury Note/Bond	2.50 mm	2.50 mm principal	0.17	Debt	Long	USA
Voya CLO 2019-3 Ltd	2.50 mm	2.50 mm principal	0.17	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Woodside Finance Ltd	2.48 mm	2.50 mm principal	0.17	Debt	Long	Australia
African Development Bank	2.48 mm	2.50 mm principal	0.17	Debt	Long	Côte d'Ivoire
Morgan Stanley Capital I Trust 2018-L1	2.48 mm	2.50 mm principal	0.17	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	2.48 mm	2.45 mm principal	0.17	ABS-mortgage backed security	Long	USA
Citigroup Inc	2.46 mm	2.46 mm principal	0.16	Debt	Long	USA
United States Treasury Note/Bond	2.46 mm	2.55 mm principal	0.16	Debt	Long	USA
United States Treasury Note/Bond	2.45 mm	2.50 mm principal	0.16	Debt	Long	USA
Salt River Project Agricultural Improvement & Power District	2.45 mm	2.50 mm principal	0.16	Debt	Long	USA
United States Treasury Note/Bond	2.44 mm	2.50 mm principal	0.16	Debt	Long	USA
United States Treasury Note/Bond	2.43 mm	3.73 mm principal	0.16	Debt	Long	USA
Wells Fargo Commercial Mortgage Trust 2024-5C1	2.43 mm	2.30 mm principal	0.16	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	2.42 mm	2.79 mm principal	0.16	Debt	Long	USA
Fannie Mae Pool	2.36 mm	2.33 mm principal	0.16	ABS-mortgage backed security	Long	USA
Ginnie Mae II Pool	2.35 mm	2.51 mm principal	0.16	ABS-mortgage backed security	Long	USA
Ford Credit Auto Owner Trust 2024-REV1	2.35 mm	2.30 mm principal	0.16	ABS-other	Long	USA
ORCL Oracle Corporation	2.35 mm	2.12 mm principal	0.16	Debt	Long	USA
J.P. Morgan Mortgage Trust 2021-15	2.34 mm	2.67 mm principal	0.16	ABS-mortgage backed security	Long	USA
PFS Financing Corp	2.34 mm	2.35 mm principal	0.16	ABS-other	Long	USA
Navient Private Education Refi Loan Trust 2021-A	2.31 mm	2.54 mm principal	0.15	ABS-other	Long	USA
Cogent Ipv4 LLC	2.31 mm	2.20 mm principal	0.15	ABS-other	Long	USA
Freddie Mac Pool	2.30 mm	2.53 mm principal	0.15	ABS-mortgage backed security	Long	USA
BMO 2023-5C2 Mortgage Trust	2.30 mm	2.10 mm principal	0.15	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	2.29 mm	2.75 mm principal	0.15	ABS-mortgage backed security	Long	USA
ATGFF AltaGas Ltd.	2.27 mm	2.23 mm principal	0.15	Debt	Long	Canada
Atlas Senior Loan Fund X Ltd	2.26 mm	2.25 mm principal	0.15	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Ginnie Mae II Pool	2.25 mm	2.40 mm principal	0.15	ABS-mortgage backed security	Long	USA
Benchmark 2024-V7 Mortgage Trust	2.24 mm	2.10 mm principal	0.15	ABS-mortgage backed security	Long	USA
RTX RTX Corporation	2.23 mm	2.28 mm principal	0.15	Debt	Long	USA
BANK5 2023-5YR1	2.21 mm	2.10 mm principal	0.15	ABS-mortgage backed security	Long	USA
KRFT Kraft Foods Group, Inc.	2.20 mm	2.26 mm principal	0.15	Debt	Long	USA
Morgan Stanley	2.19 mm	2.45 mm principal	0.15	Debt	Long	USA
D Dominion Energy, Inc.	2.16 mm	2.50 mm principal	0.14	Debt	Long	USA
Ford Credit Floorplan Master Owner Trust A	2.15 mm	2.10 mm principal	0.14	ABS-other	Long	USA
United States Treasury Inflation Indexed Bonds	2.13 mm	2.05 mm principal	0.14	Debt	Long	USA
Public Service Co of Colorado	2.13 mm	2.50 mm principal	0.14	Debt	Long	USA
PG&E Recovery Funding LLC	2.12 mm	2.00 mm principal	0.14	Debt	Long	USA
HON Honeywell International Inc.	2.11 mm	2.00 mm principal	0.14	Debt	Long	USA
SHW The Sherwin-Williams Company	2.10 mm	2.06 mm principal	0.14	Debt	Long	USA
HSBC HSBC Holdings plc	2.09 mm	2.03 mm principal	0.14	Debt	Long	UK
JPMorgan Chase & Co	2.08 mm	2.25 mm principal	0.14	Debt	Long	USA
DTE Electric Co	2.08 mm	2.46 mm principal	0.14	Debt	Long	USA
Fannie Mae Pool	2.08 mm	2.10 mm principal	0.14	ABS-mortgage backed security	Long	USA
Ginnie Mae II Pool	2.07 mm	2.21 mm principal	0.14	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	2.07 mm	2.04 mm principal	0.14	ABS-mortgage backed security	Long	USA
Avis Budget Rental Car Funding AESOP LLC	2.06 mm	2.00 mm principal	0.14	ABS-other	Long	USA
JPMorgan Chase & Co	2.06 mm	2.00 mm principal	0.14	Debt	Long	USA
Towd Point Mortgage Trust 2018-5	2.05 mm	2.38 mm principal	0.14	ABS-mortgage backed security	Long	USA
BBCMS Mortgage Trust 2023-5C23	2.05 mm	1.90 mm principal	0.14	ABS-mortgage backed security	Long	USA
Lendmark Funding Trust 2024-1	2.04 mm	2.00 mm principal	0.14	ABS-other	Long	USA
VST Vistra Corp.	2.04 mm	2.00 mm principal	0.14	Preferred equity	Long	USA
CMFT Net Lease Master Issuer LLC	2.02 mm	2.39 mm principal	0.14	ABS-other	Long	USA
KR The Kroger Co.	2.01 mm	2.00 mm principal	0.13	Debt	Long	USA
Province of Quebec Canada	2.01 mm	2.00 mm principal	0.13	Debt	Long	Canada
OFSI BSL XII Ltd	2.01 mm	2.00 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Anchorage Capital Clo 17 Ltd	2.00 mm	2.00 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Northwoods Capital XV Ltd	2.00 mm	2.00 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Trinitas Clo IX Ltd	2.00 mm	2.00 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Unilever Capital Corp	1.98 mm	1.95 mm principal	0.13	Debt	Long	USA
Citigroup Commercial Mortgage Trust 2016-P3	1.96 mm	2.00 mm principal	0.13	ABS-mortgage backed security	Long	USA
SMB Private Education Loan Trust 2017-A	1.95 mm	2.00 mm principal	0.13	ABS-other	Long	USA
JP Morgan Mortgage Trust 2018-6	1.94 mm	2.10 mm principal	0.13	ABS-mortgage backed security	Long	USA
JPMorgan Chase & Co	1.93 mm	1.88 mm principal	0.13	Debt	Long	USA
Comision Federal de Electricidad	1.93 mm	1.93 mm principal	0.13	Debt	Long	Mexico
Cooperatieve Rabobank UA	1.91 mm	2.00 mm principal	0.13	Debt	Long	Netherlands
United States Treasury Note/Bond	1.88 mm	2.00 mm principal	0.13	Debt	Long	USA
BCS Barclays PLC	1.87 mm	1.85 mm principal	0.12	Debt	Long	UK
BMARK 2023-V4	1.83 mm	1.70 mm principal	0.12	ABS-mortgage backed security	Long	USA
California Street CLO IX LP	1.83 mm	1.84 mm principal	0.12	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Fannie Mae Pool	1.82 mm	1.98 mm principal	0.12	ABS-mortgage backed security	Long	USA
Fannie Mae Pool	1.82 mm	2.09 mm principal	0.12	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	1.82 mm	2.18 mm principal	0.12	ABS-mortgage backed security	Long	USA
CMS-PB Consumers Energy Company	1.81 mm	1.88 mm principal	0.12	Debt	Long	USA
Benchmark 2024-V8 Mortgage Trust	1.81 mm	1.70 mm principal	0.12	ABS-mortgage backed security	Long	USA
Export Development Canada	1.81 mm	1.80 mm principal	0.12	Debt	Long	Canada
Fannie Mae Pool	1.79 mm	1.75 mm principal	0.12	ABS-mortgage backed security	Long	USA
United States Treasury Note/Bond	1.78 mm	1.96 mm principal	0.12	Debt	Long	USA
Ginnie Mae II Pool	1.77 mm	1.79 mm principal	0.12	ABS-mortgage backed security	Long	USA
Freddie Mac Pool	1.77 mm	1.77 mm principal	0.12	ABS-mortgage backed security	Long	USA
BA The Boeing Company	1.76 mm	1.81 mm principal	0.12	Debt	Long	USA
UBS Group AG	1.76 mm	1.70 mm principal	0.12	Debt	Long	Switzerland
Fannie Mae Pool	1.76 mm	1.76 mm principal	0.12	ABS-mortgage backed security	Long	USA
BMO 2023-5C1 Mortgage Trust	1.75 mm	1.65 mm principal	0.12	ABS-mortgage backed security	Long	USA
OZLM VI Ltd	1.75 mm	1.75 mm principal	0.12	ABS-collateralized bond/debt obligation	Long	Cayman Islands
CBAM 2020-12 Ltd	1.75 mm	1.75 mm principal	0.12	ABS-collateralized bond/debt obligation	Long	Cayman Islands
GAIN Gladstone Investment Corporation	1.74 mm	73.20 k shares	0.12	Preferred equity	Long	USA
Fontainebleau Miami Beach Trust 2019-FBLU	1.73 mm	1.75 mm principal	0.12	ABS-mortgage backed security	Long	USA
AL Air Lease Corporation	1.73 mm	1.75 mm principal	0.12	Preferred equity	Long	USA
GM Financial Revolving Receivables Trust 2024-2	1.71 mm	1.70 mm principal	0.11	ABS-other	Long	USA
One Bryant Park Trust 2019-OBP	1.71 mm	1.93 mm principal	0.11	ABS-mortgage backed security	Long	USA
BHG Securitization Trust 2022-C	1.70 mm	1.69 mm principal	0.11	ABS-other	Long	USA
Ford Motor Credit Co LLC	1.69 mm	1.71 mm principal	0.11	Debt	Long	USA
GS Mortgage Securities Corportation Trust 2021-IP	1.69 mm	1.72 mm principal	0.11	ABS-mortgage backed security	Long	USA
New York State Electric & Gas Corp	1.68 mm	2.00 mm principal	0.11	Debt	Long	USA
HII Huntington Ingalls Industries, Inc.	1.67 mm	1.70 mm principal	0.11	Debt	Long	USA
World Financial Network Credit Card Master Note Trust 2024-B	1.64 mm	1.63 mm principal	0.11	ABS-other	Long	USA
City of Port Lions AK	1.64 mm	1.51 mm principal	0.11	Debt	Long	USA
Wells Fargo Commercial Mortgage Trust 2024-MGP	1.64 mm	1.64 mm principal	0.11	ABS-mortgage backed security	Long	USA
Northwest Pipeline LLC	1.64 mm	1.66 mm principal	0.11	Debt	Long	USA
Fannie Mae Pool	1.64 mm	1.64 mm principal	0.11	ABS-mortgage backed security	Long	USA
Mariner Finance Issuance Trust 2021-A	1.63 mm	1.71 mm principal	0.11	ABS-other	Long	USA
Navient Private Education Refi Loan Trust 2021-E	1.62 mm	1.84 mm principal	0.11	ABS-other	Long	USA
Affirm Asset Securitization Trust 2024-A	1.62 mm	1.60 mm principal	0.11	ABS-other	Long	USA
Westlake Automobile Receivables Trust 2023-1	1.62 mm	1.60 mm principal	0.11	ABS-other	Long	USA
C Citigroup Inc.	1.62 mm	1.61 mm principal	0.11	Debt	Long	USA
Monroe Capital ABS Funding 2021-1 Ltd	1.61 mm	1.67 mm principal	0.11	ABS-other	Long	Cayman Islands
Flexential Issuer 2021-1	1.61 mm	1.70 mm principal	0.11	ABS-other	Long	USA
SCOTT Trust 2023-SFS	1.60 mm	1.55 mm principal	0.11	ABS-mortgage backed security	Long	USA
MPLX MPLX LP	1.59 mm	1.66 mm principal	0.11	Debt	Long	USA
MTB M&T Bank Corporation	1.59 mm	1.50 mm principal	0.11	Debt	Long	USA
United States Treasury Inflation Indexed Bonds	1.57 mm	1.53 mm principal	0.10	Debt	Long	USA
Summit Issuer LLC	1.56 mm	1.62 mm principal	0.10	ABS-other	Long	USA
New Economy Assets Phase 1 Sponsor LLC	1.56 mm	1.73 mm principal	0.10	ABS-other	Long	USA
Santander Drive Auto Receivables Trust 2024-3	1.54 mm	1.50 mm principal	0.10	ABS-other	Long	USA
Hotwire Funding LLC	1.54 mm	1.50 mm principal	0.10	ABS-other	Long	USA
Ginnie Mae II Pool	1.54 mm	1.54 mm principal	0.10	ABS-mortgage backed security	Long	USA
Bank of America Corp	1.53 mm	1.53 mm principal	0.10	Debt	Long	USA
United States Treasury Note/Bond	1.52 mm	1.52 mm principal	0.10	Debt	Long	USA
Tikehau US CLO IV Ltd	1.52 mm	1.50 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Bermuda
Nederlandse Waterschapsbank NV	1.51 mm	1.50 mm principal	0.10	Debt	Long	Netherlands
United States Treasury Note/Bond	1.51 mm	2.13 mm principal	0.10	Debt	Long	USA
Regatta VII Funding Ltd	1.50 mm	1.50 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Cayman Islands
CARLYLE US CLO 2021-5 LTD	1.50 mm	1.50 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Cayman Islands