BAM

BTS Asset Management Portfolio holdings

AUM $88.6M

AUM

$88.6M

AUM Growth

-$11.5M (-12%)

Cap. Flow

-$2.57M

Cap. Flow % of AUM

-2.91%

Top 10 Holdings %Top 10 Hldgs %

91.45%

Holding

55

New

18

Increased

4

Reduced

13

Closed

20

Top Buys

1	iShares 7-10 Year Treasury Bond ETF IEF	$15.2M
2	SPDR Blackstone Senior Loan ETF SRLN	$617K
3	Janus Henderson AAA CLO ETF JAAA	$463K
4	iShares TIPS Bond ETF TIP	$463K
5	iShares Treasury Floating Rate Bond ETF TFLO	$461K

Top Sells

1	Xtrackers USD High Yield Corporate Bond ETF HYLB	$19.7M
2	SPDR Bloomberg High Yield Bond ETF JNK	$1.78M
3	iShares Broad USD High Yield Corporate Bond ETF USHY	$918K
4	SPDR Portfolio High Yield Bond ETF SPHY	$795K
5	iShares Floating Rate Bond ETF FLOT	$491K

Sector Composition

1	Financials	1.27%
2	Consumer Staples	1.01%
3	Communication Services	0.93%
4	Energy	0.58%
5	Industrials	0.49%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
51	51 iShares 1-3 Year Treasury Bond ETF SHY $23.9B	$0	0%	0 -5,799	Closed	–
52	52 J.M. Smucker SJM $12.2B	$0	0%	0 -4,164	Closed	–
53	53 SPDR Bloomberg Short Term High Yield Bond ETF SJNK $4.44B	$0	0%	0 -12,535	Closed	–
54	54 Skyworks Solutions SWKS $11.1B	$0	0%	0 -2,585	Closed	–
55	55 Viper Energy VNOM $5.66B	$0	0%	0 -6,077	Closed	–