NPORT-P false 0001027596 XXXXXXXX S000041568 C000164429 C000129089 C000129090 Advisors Series Trust 811-07959 0001027596 52990049R7AUMMLE0J29 615 East Michigan Street Milwaukee 53202 626-914-7363 Medalist Partners MBS Total Return Fund S000041568 549300WF54ATBCP8J702 2026-11-30 2026-08-31 N 345013559.430000000000 3713569.800000000000 341299989.630000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 USD N N/A N/A A&D Mortgage Trust 984500ABEA43F1DF4450 00248BAH0 1150000.000000000000 PA USD 1138782.900000000000 0.3336603969 Long ABS-MBS CORP US N 2 2071-04-25 Variable 6.016000000000 N N N N N N PNW Trust N/A 73020TAJ8 4000000.000000000000 PA USD 3996175.600000000000 1.1708689486 Long ABS-MBS CORP US N 2 2041-04-15 Floating 8.645920000000 N N N N N N Point Securitization Trust N/A 73071MAA0 5895000.000000000000 PA USD 5724067.400000000000 1.6771367049 Long ABS-MBS CORP US N 2 2056-07-25 Fixed 5.250000000000 N N N N N N RAAC Series N/A 74978AAF7 2611807.730000000000 PA USD 2073372.070000000000 0.6074925675 Long ABS-MBS CORP US N 2 2037-03-25 Floating 5.281750000000 N N N N N N Thunderbolt Aircraft Lease Lim N/A 88607AAA7 312516.840000000000 PA USD 310670.830000000000 0.0910257367 Long ABS-O CORP KY N 2 2039-11-15 Fixed 3.671000000000 N N N N N N Towd Point Mortgage Trust N/A 89177XAF4 3704000.000000000000 PA USD 3747456.810000000000 1.0979949967 Long ABS-MBS CORP US N 2 2059-10-25 Floating 5.781750000000 N N N N N N FannieMae Whole Loan N/A 31396XVY7 4272.880000000000 PA USD 4184.620000000000 0.0012260827 Long ABS-MBS USGSE US N 2 2037-09-25 Variable 6.605369000000 N N N N N N GS Mortgage Securities Trust 5493005BBCF84ICNQ550 36269JAL2 3860000.000000000000 PA USD 3935254.950000000000 1.1530193582 Long ABS-MBS CORP US N 2 2041-03-10 Variable 9.263358000000 N N N N N N harvest commercial capital loa N/A 417927AD2 1070788.560000000000 PA USD 1083608.040000000000 0.3174943079 Long ABS-MBS CORP US N 2 2056-10-25 Variable 7.546800000000 N N N N N N HGI Re-REMIC Trust 2026-FRR1 N/A 427930AS1 1250000.000000000000 PA USD 1039957.000000000000 0.3047046679 Long ABS-MBS CORP US N 2 2068-11-27 Variable 2.613180000000 N N N N N N J.P. Morgan Wealth Management N/A 46591HBN9 758304.930000000000 PA USD 783722.860000000000 0.2296287383 Long ABS-MBS CORP US N 2 2051-03-25 Floating 6.393190000000 N N N N N N A&D Mortgage Trust 984500676AA49C11FP07 00038TAH5 1000000.000000000000 PA USD 975118.600000000000 0.2857071871 Long ABS-MBS CORP US N 2 2071-03-25 Variable 5.501000000000 N N N N N N Bank N/A 06540KBQ1 2050000.000000000000 PA USD 1612466.250000000000 0.4724483736 Long ABS-MBS CORP US N 2 2032-11-15 Variable 4.000000000000 N N N N N N BENCHMARK Mortgage Trust N/A 081935BC1 4000000.000000000000 PA USD 3891052.000000000000 1.1400680100 Long ABS-MBS CORP US N 2 2068-07-15 Fixed 6.136450000000 N N N N N N JP Morgan Mortgage Trust N/A 46592KAE2 49462230.400000000000 PA USD 1476927.360000000000 0.4327358350 Long ABS-MBS CORP US N 2 2051-07-25 Variable .500000000000 N N N N N N PAR Issuer Trust N/A 74360EAB4 4000000.000000000000 PA USD 3995660.000000000000 1.1707178791 Long ABS-O CORP US N 2 2034-04-15 Fixed 8.470000000000 N N N N N N SFAVE Commercial Mortgage Secu 549300FIGODFFTOAAU64 78413MAQ1 4940000.000000000000 PA USD 3700960.070000000000 1.0843715741 Long ABS-MBS CORP US N 2 2043-01-05 Variable 4.534277000000 N N N N N N STARWOOD MORTGAGE RESIDENTIAL N/A 78474LAQ9 746643.430000000000 PA USD 742193.140000000000 0.2174606395 Long ABS-O CORP US N 2 2039-01-17 Floating 7.903680000000 N N N N N N SYCA Commercial Mortgage Trust N/A 87114AAN7 3000000.000000000000 PA USD 2984249.700000000000 0.8743773193 Long ABS-MBS CORP US N 2 2042-11-10 Variable 10.795388000000 N N N N N N Towd Point Mortgage Trust N/A 89177EAG4 6170000.000000000000 PA USD 6206433.850000000000 1.8184688071 Long ABS-MBS CORP US N 2 2048-10-25 Floating 5.931750000000 N N N N N N Towd Point Mortgage Trust N/A 89177HAH5 1836000.000000000000 PA USD 1660394.860000000000 0.4864913303 Long ABS-MBS CORP US N 2 2058-05-25 Floating 6.031750000000 N N N N N N Verus Securitization Trust 213800XGGX2PQNV9EV16 92541VAM6 1316000.000000000000 PA USD 1303486.810000000000 0.3819182097 Long ABS-MBS CORP US N 2 2071-07-25 Variable 6.681137000000 N N N N N N Morgan Stanley BAML Trust N/A 61781KBS0 3074000.000000000000 PA USD 3072576.740000000000 0.9002569099 Long ABS-MBS CORP US N 2 2059-08-15 Variable 6.283000000000 N N N N N N Atrium Hotel Portfolio Trust N/A 04963XAL8 5000000.000000000000 PA USD 5132450.000000000000 1.5037943615 Long ABS-MBS CORP US N 2 2029-11-10 Variable 9.520141000000 N N N N N N BENCHMARK Mortgage Trust N/A 08163VAL1 1440000.000000000000 PA USD 1303359.410000000000 0.3818808818 Long ABS-MBS CORP US N 2 2056-07-15 Fixed 4.000000000000 N N N N N N COLT Funding LLC N/A 19688GAF0 2625000.000000000000 PA USD 1983174.380000000000 0.5810648814 Long ABS-MBS CORP US N 2 2066-10-25 Variable 4.140000000000 N N N N N N Newtek Alternative Loan Progra N/A 62986BAB9 1962937.080000000000 PA USD 1945582.560000000000 0.5700505769 Long ABS-O CORP US N 2 2051-06-26 Fixed 7.180000000000 N N N N N N Navigator Aviation Ltd 984500AWDV89795F0342 63943GAB8 2884145.400000000000 PA USD 2796784.640000000000 0.8194505494 Long ABS-O CORP KY N 2 2050-10-15 Fixed 5.894000000000 N N N N N N PRP Advisors, LLC N/A 693987AB5 1758000.000000000000 PA USD 1716581.700000000000 0.5029539268 Long ABS-MBS CORP US N 2 2054-03-25 Variable 3.750000000000 N N N N N N Point Securitization Trust N/A 73071KAA4 2892652.980000000000 PA USD 2891699.560000000000 0.8472603715 Long ABS-MBS CORP US N 2 2054-06-25 Fixed 6.500000000000 N N N N N N Point Securitization Trust N/A 73071MAB8 1500000.000000000000 PA USD 1465469.550000000000 0.4293787268 Long ABS-MBS CORP US N 2 2056-07-25 Fixed 6.500000000000 N N N N N N Towd Point Mortgage Trust N/A 89177HAF9 1060000.000000000000 PA USD 1072869.570000000000 0.3143479644 Long ABS-MBS CORP US N 2 2058-05-25 Floating 6.031750000000 N N N N N N Towd Point Mortgage Trust N/A 89177XAJ6 1105000.000000000000 PA USD 935448.800000000000 0.2740840400 Long ABS-MBS CORP US N 2 2059-10-25 Floating 5.781750000000 N N N N N N UNLOCK HEA TRUST N/A 91530VAA7 3720996.440000000000 PA USD 3642822.030000000000 1.0673372812 Long ABS-MBS CORP US N 2 2042-06-25 Fixed 5.750000000000 N N N N N N Credit Suisse Mortgage Trust N/A 12597MAE5 4228000.000000000000 PA USD 3600937.290000000000 1.0550651624 Long ABS-MBS CORP US N 2 2050-02-25 Variable 3.445000000000 N N N N N N Credit Suisse Mortgage Trust N/A 12597MAF2 5459650.000000000000 PA USD 4957830.640000000000 1.4526313480 Long ABS-MBS CORP US N 2 2050-02-25 Variable 4.416000000000 N N N N N N CALI Mortgage Trust 2019-101C N/A 129890AN9 5500000.000000000000 PA USD 5018698.850000000000 1.4704655735 Long ABS-MBS CORP US N 2 2039-03-10 Variable 4.468583000000 N N N N N N Farmer Mac Agricultural Real E N/A 307910AE9 1977672.670000000000 PA USD 1738714.240000000000 0.5094387029 Long ABS-MBS CORP US N 2 2054-08-01 Variable 5.549778000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31396VHF8 70649.970000000000 PA USD 66071.290000000000 0.0193587143 Long ABS-MBS USGSE US N 2 2037-04-25 Fixed 4.250000000000 N N N N N N FIGRE Trust N/A 31684NAE7 1330000.000000000000 PA USD 1311659.170000000000 0.3843126897 Long ABS-MBS CORP US N 2 2055-09-25 Variable 6.619000000000 N N N N N N Fig Six Trust 2026-PF1 N/A 316935AE5 2100000.000000000000 PA USD 2088610.020000000000 0.6119572468 Long ABS-MBS CORP US N 2 2056-08-25 Variable 7.492000000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 3136BPUV1 1494718.640000000000 PA USD 1369437.750000000000 0.4012416618 Long ABS-MBS USGSE US N 2 2053-02-25 Fixed 5.000000000000 N N N N N N Freddie Mac - STACR 5493009ZFZYH4FRCW638 35565EAE2 2533500.000000000000 PA USD 2786647.570000000000 0.8164804145 Long ABS-MBS CORP US N 2 2047-09-25 Floating 8.530560000000 N N N N N N HTAP Trust N/A 40446AAA3 1293844.710000000000 PA USD 1282335.440000000000 0.3757209138 Long ABS-MBS CORP US N 2 2042-11-25 Fixed 6.500000000000 N N N N N N HTAP Trust N/A 40446QAA8 5412578.070000000000 PA USD 5336905.360000000000 1.5636992447 Long ABS-MBS CORP US N 2 2043-06-25 Fixed 6.500000000000 N N N N N N HGI Re-REMIC Trust 2026-FRR1 N/A 427930BG6 1400000.000000000000 PA USD 1026540.620000000000 0.3007737038 Long ABS-MBS CORP US N 2 2070-12-27 Variable 3.461010000000 N N N N N N Imperial Fund LLC N/A 452760AE1 2152000.000000000000 PA USD 1956374.590000000000 0.5732126134 Long ABS-MBS CORP US N 2 2055-10-25 Variable 4.000000000000 N N N N N N JP Morgan Chase Commercial Mor N/A 46650FAG7 3750000.000000000000 PA USD 1856212.500000000000 0.5438653842 Long ABS-MBS CORP US N 2 2035-06-15 Floating 5.146000000000 N N N N N N Mill City Mortgage Trust N/A 59981AAK2 2245863.370000000000 PA USD 1927069.580000000000 0.5646263225 Long ABS-MBS CORP US N 2 2069-10-25 Variable 3.500000000000 N N N N N N Morgan Stanley Capital I Trust N/A 61764BAA1 1150000.000000000000 PA USD 1089773.580000000000 0.3193007949 Long ABS-MBS CORP US N 2 2032-09-09 Fixed 3.912000000000 N N N N N N New Residential Mortgage Loan N/A 64831EAF7 2203000.000000000000 PA USD 1997468.030000000000 0.5852528833 Long ABS-MBS CORP US N 2 2058-10-25 Variable 3.962890000000 N N N N N N WB Commercial Mortgage Trust N/A 92943PAG6 6800000.000000000000 PA USD 6720034.040000000000 1.9689523130 Long ABS-MBS CORP US N 2 2040-03-15 Variable 8.277827000000 N N N N N N Wells Fargo Commercial Mortgag N/A 95005CAK4 1837000.000000000000 PA USD 1348020.540000000000 0.3949664755 Long ABS-MBS CORP US N 2 2059-04-15 Fixed 4.250000000000 N N N N N N Avant Loans Funding Trust N/A 05352UAB2 4300000.000000000000 PA USD 4298355.250000000000 1.2594067919 Long ABS-O CORP US N 2 2033-10-15 Fixed 6.170000000000 N N N N N N Banc of America Funding Corpor N/A 058933AP7 4292.460000000000 PA USD 3740.590000000000 0.0010959830 Long ABS-MBS CORP US N 2 2036-05-20 Variable 4.831400000000 N N N N N N BENCHMARK Mortgage Trust N/A 081935AG3 5689000.000000000000 PA USD 4484101.660000000000 1.3138300018 Long ABS-MBS CORP US N 2 2068-07-15 Fixed 4.500000000000 N N N N N N Countrywide Alternative Loan T N/A 12668BB44 5469.420000000000 PA USD 4768.690000000000 0.0013972136 Long ABS-MBS CORP US N 2 2036-05-25 Floating 4.181750000000 N N N N N N Deephaven Residential Mortgage N/A 24381JAF4 4000000.000000000000 PA USD 3119796.000000000000 0.9140920289 Long ABS-MBS CORP US N 2 2066-11-25 Variable 4.530680000000 N N N N N N Ellington Financial Mortgage T N/A 26846KAP3 2744000.000000000000 PA USD 2706737.580000000000 0.7930669974 Long ABS-MBS CORP US N 2 2071-04-25 Variable 6.905005000000 N N N N N N FIGRE Trust N/A 30191WAD7 1250000.000000000000 PA USD 1240633.630000000000 0.3635023931 Long ABS-MBS CORP US N 2 2055-11-25 Variable 6.301000000000 N N N N N N FRTKL N/A 30322DAN9 2811000.000000000000 PA USD 2822263.680000000000 0.8269158411 Long ABS-O CORP US N 2 2038-09-17 Fixed 4.105000000000 N N N N N N Freddie Mac Whole Loan Securit S6XOOCT0IEG5ABCC6L87 3137G1BN6 595000.000000000000 PA USD 552800.640000000000 0.1619691347 Long ABS-MBS CORP US N 2 2046-12-25 Variable 3.660167000000 N N N N N N Freddie Mac - SCRT N/A 35563PFX2 3103888.190000000000 PA USD 1095548.380000000000 0.3209927962 Long ABS-MBS CORP US N 2 2057-11-25 Variable 2.310300000000 N N N N N N Multifamily Structured Credit 529900NYZHC090WEXH18 35563QAC1 2282000.000000000000 PA USD 2566430.760000000000 0.7519574679 Long ABS-MBS CORP US N 2 2043-09-25 Floating 12.493190000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38373MPG9 22363.020000000000 PA USD .030000000000 0.0000000088 Long ABS-MBS USGA US N 2 2045-06-17 Variable .000000000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38375JCL7 21923.180000000000 PA USD .220000000000 0.0000000645 Long ABS-MBS USGA US N 2 2046-05-16 Variable .461430000000 N N N N N N harvest commercial capital loa N/A 41757CAF9 1989061.880000000000 PA USD 1885372.880000000000 0.5524092989 Long ABS-MBS CORP US N 2 2057-06-25 Variable 9.043600000000 N N N N N N JP Morgan Mortgage Trust N/A 46591FBD5 3723589.700000000000 PA USD 2402665.990000000000 0.7039748207 Long ABS-MBS CORP US N 2 2049-11-25 Variable 4.205730000000 N N N N N N JP Morgan Mortgage Trust N/A 46591TCE2 3615860.750000000000 PA USD 2713412.780000000000 0.7950228135 Long ABS-MBS CORP US N 2 2050-07-25 Variable 5.778858000000 N N N N N N Morgan Stanley Capital I Trust N/A 61772WAA5 2500000.000000000000 PA USD 2421885.750000000000 0.7096061599 Long ABS-MBS CORP US N 2 2038-12-15 Floating 4.922880000000 N N N N N N Morgan Stanley BAML Trust N/A 61779CAZ7 6001000.000000000000 PA USD 5908237.140000000000 1.7310979547 Long ABS-MBS CORP US N 2 2058-08-15 Variable 6.349000000000 N N N N N N Multifamily Connecticut Avenue 254900JAK6X5OPMD5925 62548NAC2 1850000.000000000000 PA USD 2209780.600000000000 0.6474599083 Long ABS-MBS CORP US N 2 2053-11-25 Floating 13.393190000000 N N N N N N Point Securitization Trust N/A 73071PAA3 5551730.440000000000 PA USD 5520690.160000000000 1.6175477081 Long ABS-MBS CORP US N 2 2055-10-25 Variable 5.750000000000 N N N N N N Point Securitization Trust N/A 73072DAA9 2722626.630000000000 PA USD 2743332.210000000000 0.8037891279 Long ABS-MBS CORP US N 2 2055-06-25 Fixed 6.250000000000 N N N N N N Progress Residential Trust N/A 74333WAQ5 3874047.220000000000 PA USD 3736324.840000000000 1.0947333588 Long ABS-O CORP US N 2 2040-12-17 Fixed 4.860000000000 N N N N N N PRP Advisors, LLC N/A 74390PAA5 1575363.470000000000 PA USD 1559705.930000000000 0.4569897385 Long ABS-MBS CORP US N 2 2029-11-25 Variable 5.699000000000 N N N N N N Saluda Grade Alternative Mortg N/A 79589BAA6 991627.460000000000 PA USD 980892.100000000000 0.2873988074 Long ABS-MBS CORP US N 2 2030-05-25 Variable 7.774000000000 N N N N N N Sequoia Mortgage Trust N/A 81743GAU0 2005231.610000000000 PA USD 1996928.750000000000 0.5850948757 Long ABS-MBS CORP US N 2 2055-06-25 Variable 6.000000000000 N N N N N N Sequoia Mortgage Trust N/A 81751PAW5 1900000.000000000000 PA USD 1853984.280000000000 0.5432125216 Long ABS-MBS CORP US N 2 2056-08-25 Variable 5.500000000000 N N N N N N Splitero Trust N/A 848948AA3 2935988.100000000000 PA USD 2916120.270000000000 0.8544155753 Long ABS-MBS CORP US N 2 2055-12-25 Variable 5.750000000000 N N N N N N Towd Point Mortgage Trust N/A 89177BAF2 4000000.000000000000 PA USD 3016181.200000000000 0.8837331649 Long ABS-MBS CORP US N 2 2058-03-25 Variable 3.761574000000 N N N N N N Unison Trust N/A 90920EAA5 1479025.060000000000 PA USD 1399003.890000000000 0.4099044631 Long ABS-MBS CORP US N 2 2056-07-01 Variable 6.000000000000 N N N N N N UNLOCK HEA TRUST N/A 914917AA7 1821969.820000000000 PA USD 1789137.920000000000 0.5242127086 Long ABS-MBS CORP US N 2 2041-11-25 Fixed 6.000000000000 N N N N N N United Wholesale Mortgage LLC N/A 918307BJ7 2689767.110000000000 PA USD 2198774.060000000000 0.6442350210 Long ABS-MBS CORP US N 2 2051-12-25 Variable 3.210073000000 N N N N N N Verus Securitization Trust N/A 92538KAF0 2000000.000000000000 PA USD 1486560.000000000000 0.4355581732 Long ABS-MBS CORP US N 2 2066-09-25 Variable 3.941000000000 N N N N N N Waikiki Beach Hotel Trust N/A 92943QAJ8 2200000.000000000000 PA USD 2192621.420000000000 0.6424323137 Long ABS-MBS CORP US N 2 2042-06-15 Floating 7.828000000000 N N N N N N Washington Mutual Mortgage Pas N/A 93936NAE3 4376655.850000000000 PA USD 2278677.420000000000 0.6676464955 Long ABS-MBS CORP US N 2 2037-06-25 Fixed 7.000000000000 N N N N N N Achieve Mortgage N/A 00113TAD2 1600000.000000000000 PA USD 1603828.800000000000 0.4699176234 Long ABS-MBS CORP US N 2 2056-08-25 Variable 6.887000000000 N N N N N N Apollo Aviation Securitization N/A 00255JAB6 1684430.910000000000 PA USD 1677073.320000000000 0.4913780753 Long ABS-O CORP US N 2 2049-05-16 Fixed 6.261000000000 N N N N N N Countrywide Alternative Loan T N/A 02146YAA4 18442.740000000000 PA USD 15276.420000000000 0.0044759509 Long ABS-MBS CORP US N 2 2046-07-20 Floating 4.166930000000 N N N N N N BXHPP Trust N/A 05609JAJ1 1100000.000000000000 PA USD 991703.130000000000 0.2905664108 Long ABS-MBS CORP US N 2 2036-08-15 Floating 4.653480000000 N N N N N N Barclays Commercial Mortgage S N/A 07337DAG5 2000000.000000000000 PA USD 1962641.400000000000 0.5750487722 Long ABS-MBS CORP US N 2 2058-07-15 Variable 6.319686000000 N N N N N N BENCHMARK Mortgage Trust N/A 08164JAK9 3000000.000000000000 PA USD 2112786.900000000000 0.6190410091 Long ABS-MBS CORP US N 2 2063-04-15 Fixed 4.250000000000 N N N N N N COLT Funding LLC N/A 19688HAE1 3000000.000000000000 PA USD 2665803.600000000000 0.7810734489 Long ABS-MBS CORP US N 2 2066-12-27 Variable 4.088690000000 N N N N N N FIGRE Trust N/A 30249NAG2 2250000.000000000000 PA USD 2210485.730000000000 0.6476665096 Long ABS-MBS CORP US N 2 2056-01-25 Variable 6.763000000000 N N N N N N FannieMae Grantor Trust N/A 31392JAT6 12514.710000000000 PA USD 12429.830000000000 0.0036419075 Long ABS-MBS USGSE US N 2 2033-03-25 Floating 4.010560000000 N N N N N N FIGRE Trust N/A 31684NAD9 2000000.000000000000 PA USD 2002348.000000000000 0.5866827017 Long ABS-MBS CORP US N 2 2055-09-25 Variable 6.041000000000 N N N N N N Flagstar Mortgage Trust N/A 33852ABD8 2900342.350000000000 PA USD 2653882.280000000000 0.7775805334 Long ABS-MBS CORP US N 2 2049-10-25 Variable 4.485230000000 N N N N N N Freddie Mac - STACR 549300TCRXCIFPAC3B85 35565JBE0 2299999.990000000000 PA USD 2554990.870000000000 0.7486056102 Long ABS-MBS CORP US N 2 2050-01-25 Floating 8.857670000000 N N N N N N GSAA Home Equity Trust N/A 362334GR9 22840.000000000000 PA USD 6966.740000000000 0.0020412365 Long ABS-MBS CORP US N 2 2036-03-25 Floating 3.921750000000 N N N N N N harvest commercial capital loa N/A 41757CAE2 2850677.470000000000 PA USD 2868632.750000000000 0.8405018568 Long ABS-MBS CORP US N 2 2057-06-25 Variable 9.043600000000 N N N N N N HOMES Trust N/A 43762DAG4 3000000.000000000000 PA USD 3002829.300000000000 0.8798210932 Long ABS-MBS CORP US N 2 2060-11-25 Variable 6.859695000000 N N N N N N J.P. Morgan Wealth Management N/A 46591HBP4 516136.580000000000 PA USD 521297.430000000000 0.1527387770 Long ABS-MBS CORP US N 2 2051-03-25 Floating 7.493190000000 N N N N N N JP Morgan Mortgage Trust N/A 46656DDE8 3001473.950000000000 PA USD 2842102.890000000000 0.8327286775 Long ABS-MBS CORP US N 2 2053-07-25 Variable 5.502493000000 N N N N N N AMSR Trust N/A 00180UAJ4 2500000.000000000000 PA USD 2509480.000000000000 0.7352710449 Long ABS-O CORP US N 2 2038-10-17 Fixed 4.896000000000 N N N N N N Bank N/A 05495BCA2 4250000.000000000000 PA USD 4182794.330000000000 1.2255477460 Long ABS-MBS CORP US N 2 2069-05-15 Variable 6.294416000000 N N N N N N Barclays Commercial Mortgage S N/A 05556YAS1 1880000.000000000000 PA USD 1411509.450000000000 0.4135685593 Long ABS-MBS CORP US N 2 2058-12-15 Fixed 4.500000000000 N N N N N N Bank N/A 06541QAE5 3250000.000000000000 PA USD 2059065.450000000000 0.6033007655 Long ABS-MBS CORP US N 2 2055-08-15 Fixed 3.000000000000 N N N N N N COLT Funding LLC N/A 12658YAE5 1713000.000000000000 PA USD 1483483.350000000000 0.4346567228 Long ABS-MBS CORP US N 2 2066-12-25 Variable 4.091770000000 N N N N N N BX Trust N/A 05608BAS9 2000000.000000000000 PA USD 1811272.200000000000 0.5306979944 Long ABS-MBS CORP US N 2 2034-04-15 Floating 7.285300000000 N N N N N N CRB Commercial Mortgage Trust N/A 12629SAJ3 5326000.000000000000 PA USD 5165837.060000000000 1.5135766824 Long ABS-MBS CORP US N 2 2058-09-15 Variable 5.239382000000 N N N N N N Countrywide Alternative Loan T N/A 12668BPX5 2995.160000000000 PA USD 2035.000000000000 0.0005962497 Long ABS-MBS CORP US N 2 2036-04-25 Fixed 5.500000000000 N N N N N N COLT Funding LLC N/A 19688FAF2 1578000.000000000000 PA USD 1195810.450000000000 0.3503693192 Long ABS-MBS CORP US N 2 2066-09-27 Variable 4.120000000000 N N N N N N Conseco Finance Home Loan Trus N/A 20846QEH7 18579.750000000000 PA USD 2920.620000000000 0.0008557340 Long ABS-MBS CORP US N 2 2031-08-15 Variable 10.260000000000 N N N N N N Fannie Mae B1V7KEBTPIMZEU4LTD58 31410GEF6 2844.480000000000 PA USD 2783.650000000000 0.0008156021 Long ABS-MBS USGSE US N 2 2037-08-01 Fixed 5.000000000000 N N N N N N Flagstar Mortgage Trust N/A 33850TBC1 1463000.000000000000 PA USD 1037189.610000000000 0.3038938299 Long ABS-MBS CORP US N 2 2048-03-25 Variable 3.903100000000 N N N N N N HTAP Trust N/A 40446AAB1 1200000.000000000000 PA USD 1159760.280000000000 0.3398067141 Long ABS-MBS CORP US N 2 2042-11-25 Fixed 8.000000000000 N N N N N N JP Morgan Mortgage Trust N/A 465973BZ7 3138509.540000000000 PA USD 2579616.320000000000 0.7558208023 Long ABS-MBS CORP US N 2 2052-03-25 Variable 3.286554000000 N N N N N N JP Morgan Mortgage Trust N/A 465989AB7 4237216.790000000000 PA USD 4164058.700000000000 1.2200582556 Long ABS-MBS CORP US N 2 2053-12-26 Variable 5.500000000000 N N N N N N JP Morgan Chase Commercial Mor N/A 46649XAA5 8521000.000000000000 PA USD 6987721.030000000000 2.0473838975 Long ABS-MBS CORP US N 2 2031-07-05 Fixed 4.128300000000 N N N N N N Morgan Stanley BAML Trust N/A 61781KAE2 5250000.000000000000 PA USD 3970873.200000000000 1.1634554119 Long ABS-MBS CORP US N 2 2059-08-15 Fixed 4.500000000000 N N N N N N NMLT Trust N/A 62923JAE2 2326000.000000000000 PA USD 1841720.990000000000 0.5396194099 Long ABS-MBS CORP US N 2 2056-05-25 Variable 3.613000000000 N N N N N N PRKCM Trust N/A 69377TAD8 3080000.000000000000 PA USD 3070314.320000000000 0.8995940267 Long ABS-MBS CORP US N 2 2057-08-25 Variable 6.085500000000 N N N N N N Point Securitization Trust N/A 73071JAA7 2659426.510000000000 PA USD 2674966.600000000000 0.7837581838 Long ABS-MBS CORP US N 2 2053-11-25 Variable 6.500000000000 N N N N N N Point Securitization Trust N/A 73072JAA6 1479858.140000000000 PA USD 1459430.180000000000 0.4276092072 Long ABS-MBS CORP US N 2 2056-02-25 Variable 5.250000000000 N N N N N N SFAVE Commercial Mortgage Secu 549300FIGODFFTOAAU64 78413MAN8 1875000.000000000000 PA USD 1510965.190000000000 0.4427088297 Long ABS-MBS CORP US N 2 2043-01-05 Variable 4.534277000000 N N N N N N UNLOCK HEA TRUST N/A 91528AAA7 1719582.710000000000 PA USD 1705468.380000000000 0.4996977532 Long ABS-MBS CORP US N 2 2039-10-25 Fixed 6.500000000000 N N N N N N Verus Securitization Trust N/A 92538EAF4 3609000.000000000000 PA USD 3222905.210000000000 0.9443027565 Long ABS-MBS CORP US N 2 2064-04-25 Variable 4.070000000000 N N N N N N ALEN 2021-ACEN Mortgage Trust N/A 01449NAA4 1225000.000000000000 PA USD 1165903.800000000000 0.3416067493 Long ABS-MBS CORP US N 2 2034-04-15 Floating 4.904480000000 N N N N N N BXMT Ltd N/A 05609GAJ7 1250000.000000000000 PA USD 1215747.500000000000 0.3562108224 Long ABS-CBDO CORP US N 2 2038-05-15 Floating 6.253680000000 N N N N N N Ellington Financial Mortgage T N/A 268431AA1 911724.420000000000 PA USD 880559.490000000000 0.2580016164 Long ABS-MBS CORP US N 2 2054-07-25 Fixed 5.000000000000 N N N N N N Fanniemae-Aces B1V7KEBTPIMZEU4LTD58 31395BY98 383381.240000000000 PA USD 3.830000000000 0.0000011222 Long ABS-MBS USGSE US N 2 2036-03-25 Variable .221403000000 N N N N N N Government National Mortgage A 549300M8ZYFG0OCMTT87 38373MCH1 4254.280000000000 PA USD .040000000000 0.0000000117 Long ABS-MBS USGA US N 2 2042-01-16 Variable 1.105960000000 N N N N N N JP Morgan Mortgage Trust N/A 46660PAH1 1750000.000000000000 PA USD 1703884.180000000000 0.4992335868 Long ABS-MBS CORP US N 2 2066-06-25 Variable 5.500000000000 N N N N N N Morgan Stanley BAML Trust N/A 61779CBJ2 3741000.000000000000 PA USD 2894652.990000000000 0.8481257187 Long ABS-MBS CORP US N 2 2058-08-15 Fixed 4.500000000000 N N N N N N New York Mortgage Trust 254900JF85A0S614L988 67121VAC8 2250000.000000000000 PA USD 2077724.250000000000 0.6087677448 Long ABS-MBS CORP US N 2 2069-11-25 Variable 3.750000000000 N N N N N N Radnor Re LTD 254900P3K895250PCC81 75050KAB2 1143459.570000000000 PA USD 1160487.860000000000 0.3400198931 Long ABS-MBS CORP BM N 2 2033-07-25 Floating 7.993190000000 N N N N N N Residential Funding Securities N/A 760985JD4 125048.300000000000 PA USD 125140.450000000000 0.0366658230 Long ABS-MBS CORP US N 2 2033-03-25 Floating 4.641750000000 N N N N N N Saluda Grade Alternative Mortg N/A 79581XAD0 2000000.000000000000 PA USD 2016498.400000000000 0.5908287317 Long ABS-MBS CORP US N 2 2055-10-25 Floating 5.867270000000 N N N N N N SOHO Trust 2021-SOHO N/A 83410JAE8 2871000.000000000000 PA USD 2365047.690000000000 0.6929527576 Long ABS-MBS CORP US N 2 2038-08-10 Variable 2.786475000000 N N N N N N Starwood Mortgage Residential N/A 85573MAF6 1460000.000000000000 PA USD 1242564.240000000000 0.3640680568 Long ABS-MBS CORP US N 2 2065-04-25 Variable 4.750000000000 N N N N N N Structured Adjustable Rate Mor N/A 863579B49 13316.620000000000 PA USD 12366.600000000000 0.0036233813 Long ABS-MBS CORP US N 2 2035-11-25 Variable 4.333940000000 N N N N N N Towd Point Mortgage Trust N/A 89183CAB1 315191.890000000000 PA USD 315772.790000000000 0.0925205976 Long ABS-MBS CORP US N 2 2064-01-25 Variable 6.049000000000 N N N N N N Unison Trust N/A 908925AA8 1968078.020000000000 PA USD 1869007.140000000000 0.5476141801 Long ABS-MBS CORP US N 2 2056-02-25 Variable 6.000000000000 N N N N N N Verus Securitization Trust N/A 92538GAF9 795000.000000000000 PA USD 609530.870000000000 0.1785909430 Long ABS-MBS CORP US N 2 2066-11-25 Variable 4.334000000000 N N N N N N Wells Fargo Commercial Mortgag N/A 95004WAJ4 3416000.000000000000 PA USD 3253927.880000000000 0.9533923173 Long ABS-MBS CORP US N 2 2058-10-15 Variable 6.014000000000 N N N N N N CFK Trust N/A 12529AAG9 4300000.000000000000 PA USD 3898701.640000000000 1.1423093344 Long ABS-MBS CORP US N 2 2039-03-15 Fixed 3.349000000000 N N N N N N Colony American Finance Ltd N/A 21872FAG2 242500.000000000000 PA USD 239210.490000000000 0.0700880449 Long ABS-O CORP US N 2 2052-03-15 Variable 5.844643000000 N N N N N N FTAI MRE Cayman Limited N/A 30345KAB2 2790625.100000000000 PA USD 2787812.150000000000 0.8168216334 Long ABS-O CORP KY N 2 2051-06-15 Fixed 6.417000000000 N N N N N N FannieMae Grantor Trust N/A 31393YV77 14052.810000000000 PA USD 14090.840000000000 0.0041285791 Long ABS-MBS USGSE US N 2 2043-08-25 Variable 5.267580000000 N N N N N N First American Government Obli 549300R5MYM6VZF1RM44 31846V336 5424045.390000000000 NS USD 5424045.390000000000 1.5892310445 Long STIV RF US N 1 N N N JP Morgan Mortgage Trust N/A 46591FBC7 1232439.360000000000 PA USD 1034615.470000000000 0.3031396137 Long ABS-MBS CORP US N 2 2049-11-25 Variable 4.436153000000 N N N N N N New Residential Mortgage Loan N/A 64831EAE0 2034000.000000000000 PA USD 1832052.890000000000 0.5367866820 Long ABS-MBS CORP US N 2 2058-10-25 Variable 3.007840000000 N N N N N N Starwood Mortgage Residential N/A 85573EAF4 1000000.000000000000 PA USD 924283.900000000000 0.2708127536 Long ABS-MBS CORP US N 2 2055-11-25 Fixed 4.261000000000 N N N N N N Towd Point Mortgage Trust N/A 89177XAH0 1106000.000000000000 PA USD 997248.020000000000 0.2921910490 Long ABS-MBS CORP US N 2 2059-10-25 Floating 5.781750000000 N N N N N N AXMF Re-REMIC Trust N/A 00249HAE3 3672390.080000000000 PA USD 3247061.940000000000 0.9513806149 Long ABS-MBS CORP US N 2 2058-04-27 Variable 7.250000000000 N N N N N N Bank N/A 06541DAL8 1430000.000000000000 PA USD 1124588.470000000000 0.3295014662 Long ABS-MBS CORP US N 2 2056-08-15 Fixed 4.000000000000 N N N N N N Citigroup Mortgage Loan Trust N/A 17307GMJ4 1445.970000000000 PA USD 1447.940000000000 0.0004242426 Long ABS-MBS CORP US N 2 2034-12-25 Variable 6.602692000000 N N N N N N UNLOCK HEA TRUST N/A 91530VAB5 2500000.000000000000 PA USD 2412370.750000000000 0.7068182899 Long ABS-MBS CORP US N 2 2042-06-25 Fixed 7.000000000000 N N N N N N Upstart Securitization Trust N/A 91683AAE0 6500000.000000000000 PA USD 6524126.050000000000 1.9115517868 Long ABS-O CORP US N 2 2036-05-20 Fixed 7.350000000000 N N N N N N 2026-09-30 Advisors Series Trust /s/ Kevin Hayden Advisors Series Trust Treasurer & Vice President XXXX