PPM Core Plus Fixed Income Fund

Fund Profile

Fund profile

Fund manager

PPM Funds

Total assets

$39.58 mm

Liabilities

$1.66 mm

Net assets

$37.92 mm

Number of holdings

431.00

Top 200 of 431 Holdings

As of Sep 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
State Street Navigator Securities Lending Government Money Market Portfolio	941.30 k	941.30 k shares	2.48	Short-term investment vehicle	Long	USA
Treasury, United States Department of	932.95 k	986.60 k principal	2.46	Debt	Long	USA
State Street U.S. Government Money Market Fund	921.86 k	921.86 k shares	2.43	Short-term investment vehicle	Long	USA
Treasury, United States Department of	672.29 k	654.00 k principal	1.77	Debt	Long	USA
Treasury, United States Department of	469.86 k	466.00 k principal	1.24	Debt	Long	USA
Treasury, United States Department of	466.33 k	470.00 k principal	1.23	Debt	Long	USA
Treasury, United States Department of	418.58 k	410.00 k principal	1.10	Debt	Long	USA
Treasury, United States Department of	396.80 k	380.00 k principal	1.05	Debt	Long	USA
Federal National Mortgage Association, Inc.	370.80 k	404.65 k principal	0.98	ABS-mortgage backed security	Long	USA
Treasury, United States Department of	360.40 k	340.00 k principal	0.95	Debt	Long	USA
Treasury, United States Department of	335.65 k	392.00 k principal	0.89	Debt	Long	USA
Treasury, United States Department of	335.15 k	320.00 k principal	0.88	Debt	Long	USA
Treasury, United States Department of	321.89 k	334.00 k principal	0.85	Debt	Long	USA
Hyundai Auto Lease Securitization Trust 2024-C	318.58 k	315.00 k principal	0.84	ABS-collateralized bond/debt obligation	Long	USA
Treasury, United States Department of	307.57 k	313.00 k principal	0.81	Debt	Long	USA
Discover Card Execution Note Trust	281.93 k	280.00 k principal	0.74	ABS-collateralized bond/debt obligation	Long	USA
Ginnie Mae II	256.47 k	290.90 k principal	0.68	ABS-mortgage backed security	Long	USA
Morgan Stanley Bank, National Association	250.36 k	250.00 k principal	0.66	Debt	Long	USA
Bank of New York Mellon Corporation, The	249.46 k	250.00 k principal	0.66	Debt	Long	USA
Treasury, United States Department of	248.82 k	306.00 k principal	0.66	Debt	Long	USA
Federal Home Loan Mortgage Corporation	248.62 k	252.83 k principal	0.66	ABS-mortgage backed security	Long	USA
Bank of America Corporation	232.50 k	233.00 k principal	0.61	Debt	Long	USA
Treasury, United States Department of	228.29 k	302.00 k principal	0.60	Debt	Long	USA
JBS USA Lux S.A.	219.95 k	189.00 k principal	0.58	Debt	Long	USA
Anglo American Capital PLC	208.88 k	200.00 k principal	0.55	Debt	Long	USA
Roche Holdings, Inc.	208.39 k	200.00 k principal	0.55	Debt	Long	USA
Federal National Mortgage Association, Inc.	206.20 k	206.29 k principal	0.54	ABS-mortgage backed security	Long	USA
GM Financial Automobile Leasing Trust 2023-2	205.63 k	205.00 k principal	0.54	ABS-collateralized bond/debt obligation	Long	USA
Dell Equipment Finance Trust 2023-2	201.74 k	200.00 k principal	0.53	ABS-collateralized bond/debt obligation	Long	USA
Ford Motor Credit Company LLC	200.82 k	200.00 k principal	0.53	Debt	Long	USA
NatWest Markets PLC	200.75 k	200.00 k principal	0.53	Debt	Long	USA
Banco Santander, S.A.	200.19 k	200.00 k principal	0.53	Debt	Long	USA
MassMutual Global Funding II	200.05 k	200.00 k principal	0.53	Debt	Long	USA
Dell Equipment Finance Trust 2024-1	195.25 k	192.00 k principal	0.51	ABS-collateralized bond/debt obligation	Long	USA
Federal National Mortgage Association, Inc.	194.87 k	229.00 k principal	0.51	Debt	Long	USA
Treasury, United States Department of	193.40 k	219.00 k principal	0.51	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	191.21 k	180.00 k principal	0.50	Debt	Long	USA
Ginnie Mae II	190.49 k	196.87 k principal	0.50	ABS-mortgage backed security	Long	USA
C Citigroup Inc.	187.64 k	180.00 k principal	0.49	Debt	Long	USA
Wells Fargo & Company	180.83 k	180.00 k principal	0.48	Debt	Long	USA
Morgan Stanley	180.66 k	180.00 k principal	0.48	Debt	Long	USA
MVW 2024-2 LLC	172.85 k	173.00 k principal	0.46	ABS-collateralized bond/debt obligation	Long	USA
Treasury, United States Department of	170.39 k	223.00 k principal	0.45	Debt	Long	USA
Federal Home Loan Mortgage Corporation	165.10 k	161.50 k principal	0.44	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association, Inc.	165.00 k	162.93 k principal	0.44	ABS-mortgage backed security	Long	USA
Venture Global LNG, Inc.	164.21 k	162.00 k principal	0.43	Debt	Long	USA
PPL Electric Utilities Corporation	161.99 k	157.00 k principal	0.43	Debt	Long	USA
Chase Issuance Trust	159.50 k	160.00 k principal	0.42	ABS-collateralized bond/debt obligation	Long	USA
New York Life Global Funding	158.62 k	155.00 k principal	0.42	Debt	Long	USA
Ginnie Mae II	156.94 k	156.51 k principal	0.41	ABS-mortgage backed security	Long	USA
Deutsche Bank Aktiengesellschaft	156.20 k	150.00 k principal	0.41	Debt	Long	USA
EIX Edison International	156.08 k	152.00 k principal	0.41	Debt	Long	USA
Federal National Mortgage Association, Inc.	155.33 k	185.39 k principal	0.41	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association, Inc.	154.81 k	154.97 k principal	0.41	ABS-mortgage backed security	Long	USA
Grace Trust	152.55 k	177.00 k principal	0.40	ABS-mortgage backed security	Long	USA
Federal Home Loan Mortgage Corporation	152.50 k	155.08 k principal	0.40	ABS-mortgage backed security	Long	USA
Flutter Financing B.V.	150.68 k	150.73 k principal	0.40	Loan	Long	USA
SBNA Auto Lease Trust 2024-C	150.21 k	150.00 k principal	0.40	ABS-collateralized bond/debt obligation	Long	USA
Daimler Trucks Finance North America LLC	150.15 k	150.00 k principal	0.40	Debt	Long	USA
Bank of New York Mellon Corporation, The	149.39 k	132.00 k principal	0.39	Debt	Long	USA
Federal National Mortgage Association, Inc.	148.49 k	178.42 k principal	0.39	ABS-mortgage backed security	Long	USA
GM Financial Automobile Leasing Trust 2024-3	146.92 k	147.00 k principal	0.39	ABS-collateralized bond/debt obligation	Long	USA
TAK Takeda Pharmaceutical Company Limited	146.25 k	140.00 k principal	0.39	Debt	Long	USA
Ginnie Mae II	146.17 k	144.72 k principal	0.39	ABS-mortgage backed security	Long	USA
SFS Auto Receivables Securitization Trust 2023- 1	146.07 k	144.00 k principal	0.39	ABS-collateralized bond/debt obligation	Long	USA
Federal Home Loan Mortgage Corporation	143.07 k	172.56 k principal	0.38	ABS-mortgage backed security	Long	USA
Royal Bank of Canada	141.36 k	138.00 k principal	0.37	Debt	Long	USA
BCS Barclays PLC	140.78 k	125.00 k principal	0.37	Debt	Long	USA
Federal National Mortgage Association, Inc.	140.46 k	149.08 k principal	0.37	ABS-mortgage backed security	Long	USA
Treasury, United States Department of	140.03 k	156.00 k principal	0.37	Debt	Long	USA
Federal National Mortgage Association, Inc.	139.41 k	166.51 k principal	0.37	ABS-mortgage backed security	Long	USA
Hudson Yards 2019-30HY Mortgage Trust	138.78 k	150.00 k principal	0.37	ABS-mortgage backed security	Long	USA
J.P. Morgan Mortgage Trust 2022-4	138.28 k	158.05 k principal	0.36	ABS-mortgage backed security	Long	USA
HON Honeywell International Inc.	137.70 k	134.00 k principal	0.36	Debt	Long	USA
Venture Global LNG, Inc.	132.67 k	118.00 k principal	0.35	Debt	Long	USA
Treasury, United States Department of	131.92 k	127.00 k principal	0.35	Debt	Long	USA
Federal National Mortgage Association, Inc.	130.04 k	155.78 k principal	0.34	ABS-mortgage backed security	Long	USA
Ginnie Mae II	128.73 k	151.93 k principal	0.34	ABS-mortgage backed security	Long	USA
HPE Hewlett Packard Enterprise Company	128.61 k	130.00 k principal	0.34	Debt	Long	USA
Ginnie Mae II	128.34 k	129.80 k principal	0.34	ABS-mortgage backed security	Long	USA
JPMorgan Chase & Co.	127.51 k	122.00 k principal	0.34	Debt	Long	USA
Federal National Mortgage Association, Inc.	126.05 k	144.44 k principal	0.33	ABS-mortgage backed security	Long	USA
Glencore Funding LLC	125.41 k	120.00 k principal	0.33	Debt	Long	USA
Celanese US Holdings LLC	125.10 k	116.00 k principal	0.33	Debt	Long	USA
Smith & Nephew PLC	120.59 k	116.00 k principal	0.32	Debt	Long	USA
Western Midstream Operating, LP	119.39 k	119.00 k principal	0.31	Debt	Long	USA
Treasury, United States Department of	118.81 k	118.00 k principal	0.31	Debt	Long	USA
Federal Home Loan Mortgage Corporation	118.74 k	121.80 k principal	0.31	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association, Inc.	118.72 k	143.35 k principal	0.31	ABS-mortgage backed security	Long	USA
Banco Santander, S.A.	117.88 k	100.00 k principal	0.31	Debt	Long	USA
Global Atlantic Financial Company	117.84 k	113.00 k principal	0.31	Debt	Long	USA
PCG+A Pacific Gas & Electric Co.	117.83 k	131.00 k principal	0.31	Debt	Long	USA
RGA Global Funding	117.66 k	113.00 k principal	0.31	Debt	Long	USA
Hyundai Capital America	116.11 k	110.00 k principal	0.31	Debt	Long	USA
Bank of America Corporation	115.67 k	110.00 k principal	0.31	Debt	Long	USA
PNC The PNC Financial Services Group, Inc.	114.93 k	110.00 k principal	0.30	Debt	Long	USA
JPMorgan Chase & Co.	114.08 k	110.00 k principal	0.30	Debt	Long	USA
CIM Trust 2021-J2	113.82 k	135.33 k principal	0.30	ABS-mortgage backed security	Long	USA
New York Life Global Funding	111.37 k	108.00 k principal	0.29	Debt	Long	USA
Federal Home Loan Mortgage Corporation	111.15 k	134.21 k principal	0.29	ABS-mortgage backed security	Long	USA
Bank of Nova Scotia, The	111.04 k	111.00 k principal	0.29	Debt	Long	USA
Federal National Mortgage Association, Inc.	110.94 k	133.41 k principal	0.29	ABS-mortgage backed security	Long	USA
NRTH 2024-PARK Mortgage Trust	110.90 k	111.00 k principal	0.29	ABS-mortgage backed security	Long	USA
GXO GXO Logistics, Inc.	110.78 k	105.00 k principal	0.29	Debt	Long	USA
AerCap Ireland Capital Designated Activity Company	110.48 k	115.00 k principal	0.29	Debt	Long	USA
General Motors Financial Company, Inc.	110.15 k	110.00 k principal	0.29	Debt	Long	USA
Federal Home Loan Mortgage Corporation	109.80 k	125.46 k principal	0.29	ABS-mortgage backed security	Long	USA
Comision Federal De Electricidad, E.P.E.	109.70 k	110.00 k principal	0.29	Debt	Long	USA
Ford Motor Credit Company LLC	109.47 k	103.00 k principal	0.29	Debt	Long	USA
DLLAD 2024-1 LLC	108.98 k	108.00 k principal	0.29	ABS-collateralized bond/debt obligation	Long	USA
National Securities Clearing Corporation	107.97 k	105.00 k principal	0.28	Debt	Long	USA
Federal National Mortgage Association, Inc.	106.44 k	118.58 k principal	0.28	ABS-mortgage backed security	Long	USA
GM Financial Consumer Automobile Receivables Trust 2022-2	105.82 k	107.00 k principal	0.28	ABS-collateralized bond/debt obligation	Long	USA
Treasury, United States Department of	104.58 k	98.00 k principal	0.28	Debt	Long	USA
Ashtead Capital, Inc.	104.46 k	100.00 k principal	0.28	Debt	Long	USA
Hyundai Capital America	104.12 k	104.00 k principal	0.27	Debt	Long	USA
Government National Mortgage Association	102.32 k	104.73 k principal	0.27	ABS-mortgage backed security	Long	USA
HD The Home Depot, Inc.	101.91 k	98.00 k principal	0.27	Debt	Long	USA
Federal National Mortgage Association, Inc.	101.19 k	99.53 k principal	0.27	ABS-mortgage backed security	Long	USA
Citibank Credit Card Issuance Trust	101.14 k	100.00 k principal	0.27	ABS-collateralized bond/debt obligation	Long	USA
Ford Motor Credit Company LLC	101.07 k	105.00 k principal	0.27	Debt	Long	USA
SCBFY Standard Chartered PLC	100.19 k	100.00 k principal	0.26	Debt	Long	USA
Daimler Trucks Finance North America LLC	100.06 k	100.00 k principal	0.26	Debt	Long	USA
LEX 2024-BBG Mortgage Trust	99.84 k	100.00 k principal	0.26	ABS-mortgage backed security	Long	USA
PCG+A Pacific Gas & Electric Co.	99.64 k	94.00 k principal	0.26	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	99.61 k	99.00 k principal	0.26	Debt	Long	USA
Southern California Edison Company	99.52 k	96.00 k principal	0.26	Debt	Long	USA
STT State Street Corporation	99.08 k	96.00 k principal	0.26	Debt	Long	USA
Federal Home Loan Mortgage Corporation	98.55 k	113.16 k principal	0.26	ABS-mortgage backed security	Long	USA
OPG Trust 2021-PORT	97.94 k	98.92 k principal	0.26	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association, Inc.	96.94 k	95.80 k principal	0.26	ABS-mortgage backed security	Long	USA
Morgan Stanley	96.27 k	85.00 k principal	0.25	Debt	Long	USA
Federal Home Loan Mortgage Corporation	95.98 k	115.76 k principal	0.25	ABS-mortgage backed security	Long	USA
Federal National Mortgage Association, Inc.	95.68 k	106.59 k principal	0.25	ABS-mortgage backed security	Long	USA
CSCO Cisco Systems, Inc.	95.66 k	91.00 k principal	0.25	Debt	Long	USA
Ginnie Mae II	95.50 k	100.98 k principal	0.25	ABS-mortgage backed security	Long	USA
ZF North America Capital, Inc.	95.21 k	96.00 k principal	0.25	Debt	Long	USA
DAL Delta Air Lines, Inc.	95.02 k	94.00 k principal	0.25	Debt	Long	USA
AON North America, Inc.	94.32 k	90.00 k principal	0.25	Debt	Long	USA
Manhattan West 2020-1MW Mortgage Trust	93.66 k	101.07 k principal	0.25	ABS-mortgage backed security	Long	USA
UNH UnitedHealth Group Incorporated	92.30 k	86.00 k principal	0.24	Debt	Long	USA
GM Financial Automobile Leasing Trust 2023-3	91.69 k	91.00 k principal	0.24	ABS-collateralized bond/debt obligation	Long	USA
JPMorgan Chase & Co.	91.66 k	92.00 k principal	0.24	Debt	Long	USA
AES The AES Corporation	91.48 k	93.00 k principal	0.24	Debt	Long	USA
UBS AG	91.34 k	90.00 k principal	0.24	Debt	Long	USA
BCS Barclays PLC	90.75 k	90.00 k principal	0.24	Debt	Long	USA
CMCSA Comcast Corporation	90.59 k	86.00 k principal	0.24	Debt	Long	USA
APO Apollo Global Management, Inc.	90.58 k	85.00 k principal	0.24	Debt	Long	USA
META Meta Platforms, Inc.	90.28 k	86.00 k principal	0.24	Debt	Long	USA
John Deere Capital Corporation	90.04 k	90.00 k principal	0.24	Debt	Long	USA
Golub Capital Private Credit Fund	89.68 k	90.00 k principal	0.24	Debt	Long	USA
Public Service Electric And Gas Company	89.02 k	86.00 k principal	0.23	Debt	Long	USA
Federal Home Loan Mortgage Corporation	88.99 k	106.61 k principal	0.23	ABS-mortgage backed security	Long	USA
Resorts World Las Vegas LLC	86.88 k	100.00 k principal	0.23	Debt	Long	USA
Vistra Zero Operating Company, LLC	86.86 k	86.66 k principal	0.23	Loan	Long	USA
Northwestern Mutual Global Funding	86.76 k	85.00 k principal	0.23	Debt	Long	USA
American Airlines, Inc.	86.61 k	91.28 k principal	0.23	ABS-collateralized bond/debt obligation	Long	USA
DUK Duke Energy Corporation	86.50 k	82.00 k principal	0.23	Debt	Long	USA
HUM Humana Inc.	86.31 k	83.00 k principal	0.23	Debt	Long	USA
World Omni Auto Receivables Trust 2023-C	85.86 k	85.73 k principal	0.23	ABS-collateralized bond/debt obligation	Long	USA
Hyundai Capital America	85.64 k	85.00 k principal	0.23	Debt	Long	USA
SFS Auto Receivables Securitization Trust 2024-2	85.02 k	84.54 k principal	0.22	ABS-collateralized bond/debt obligation	Long	USA
MKL Markel Corporation	84.88 k	85.00 k principal	0.22	Debt	Long	USA
Treasury, United States Department of	84.49 k	80.00 k principal	0.22	Debt	Long	USA
UHS Universal Health Services, Inc.	84.43 k	85.00 k principal	0.22	Debt	Long	USA
San Diego Gas & Electric Company	84.22 k	82.00 k principal	0.22	Debt	Long	USA
LLY Eli Lilly and Company	84.19 k	83.00 k principal	0.22	Debt	Long	USA
Ginnie Mae II	84.04 k	85.14 k principal	0.22	ABS-mortgage backed security	Long	USA
Federal Home Loan Mortgage Corporation	84.03 k	87.47 k principal	0.22	ABS-mortgage backed security	Long	USA
CQP Cheniere Energy Partners, L.P.	83.51 k	85.00 k principal	0.22	Debt	Long	USA
ARCC Ares Capital Corporation	83.23 k	80.00 k principal	0.22	Debt	Long	USA
Federal National Mortgage Association, Inc.	83.17 k	95.68 k principal	0.22	ABS-mortgage backed security	Long	USA
GM Financial Consumer Automobile Receivables Trust 2021-4	81.76 k	85.00 k principal	0.22	ABS-collateralized bond/debt obligation	Long	USA
Jane Street Group, LLC	81.56 k	81.65 k principal	0.22	Loan	Long	USA
Genesee & Wyoming Inc. (New)	81.39 k	81.59 k principal	0.21	Loan	Long	USA
Federal National Mortgage Association, Inc.	80.97 k	83.15 k principal	0.21	ABS-mortgage backed security	Long	USA
HPEFS Equipment Trust 2023-2	80.72 k	80.33 k principal	0.21	ABS-collateralized bond/debt obligation	Long	USA
Federal National Mortgage Association, Inc.	80.38 k	79.32 k principal	0.21	ABS-mortgage backed security	Long	USA
Government National Mortgage Association	80.34 k	87.37 k principal	0.21	ABS-mortgage backed security	Long	USA
New York Life Global Funding	79.63 k	94.00 k principal	0.21	Debt	Long	USA
UNH UnitedHealth Group Incorporated	79.54 k	72.00 k principal	0.21	Debt	Long	USA
LYG Lloyds Banking Group plc	79.30 k	79.00 k principal	0.21	Debt	Long	USA
JPMorgan Chase & Co.	78.81 k	85.00 k principal	0.21	Debt	Long	USA
Ginnie Mae II	78.49 k	85.90 k principal	0.21	ABS-mortgage backed security	Long	USA
Vistra Operations Company LLC	78.32 k	80.00 k principal	0.21	Debt	Long	USA
Aircastle Limited	78.05 k	78.00 k principal	0.21	Debt	Long	USA
JPMorgan Chase & Co.	77.72 k	84.00 k principal	0.20	Debt	Long	USA
JPMorgan Chase & Co.	77.55 k	72.00 k principal	0.20	Debt	Long	USA
Federal Home Loan Mortgage Corporation	76.20 k	87.35 k principal	0.20	ABS-mortgage backed security	Long	USA
Federal Home Loan Mortgage Corporation	75.84 k	91.69 k principal	0.20	ABS-mortgage backed security	Long	USA
Burlington Northern Santa Fe, LLC	75.58 k	70.00 k principal	0.20	Debt	Long	USA
Federal National Mortgage Association, Inc.	74.93 k	82.34 k principal	0.20	ABS-mortgage backed security	Long	USA
Federal Home Loan Mortgage Corporation	74.73 k	83.05 k principal	0.20	ABS-mortgage backed security	Long	USA
Federal Home Loan Mortgage Corporation	73.12 k	72.93 k principal	0.19	ABS-mortgage backed security	Long	USA
MS Morgan Stanley	71.93 k	75.00 k principal	0.19	Debt	Long	USA
ET Energy Transfer LP	71.74 k	72.00 k principal	0.19	Debt	Long	USA
JPMorgan Chase & Co.	71.02 k	72.00 k principal	0.19	Debt	Long	USA
Charter Communications Operating, LLC	70.99 k	71.64 k principal	0.19	Loan	Long	USA
Broadcom Pte. Ltd.	70.91 k	71.00 k principal	0.19	Debt	Long	USA
Cox Communications, Inc.	70.87 k	70.00 k principal	0.19	Debt	Long	USA