Each N-PORT filing of APLU compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/aplu/https://themulden.com/funds/aplu/530 positions became 538: 111 added (39% of the fund), 103 dropped (27.69%). Turnover proxy 45.1%. Largest increases: ALLSPRING GOVERNMENT MONEY MAR 2.87% to 5.79%; Fannie Mae 0.47% to 1.29%; Vanguard Intermediate-Term Corporate Bond ETF 0.48% to 1.02%; Flexential Issuer, LLC 0.19% to 0.38%; Switch ABS Issuer, LLC 0.14% to 0.29%; CREDIT AGRICOLE SA 0.12% to 0.21%. Largest decreases: United States Treasury 1.33% to 0.6%; Fannie Mae 1.69% to 1.21%; Fannie Mae 1.25% to 0.84%; Government National Mortgage Association 0.99% to 0.67%; Fannie Mae 0.76% to 0.49%; Fannie Mae 0.94% to 0.67%. New: United States Treasury (5.27%), United States Treasury (3.15%), Government National Mortgage Association (2.52%), United States Treasury (2.1%), United States Treasury (2.1%), United States Treasury (1.81%). Gone: United States Treasury (4.55%), United States Treasury (2.92%), Fannie Mae (1.64%), Government National Mortgage Association (1.43%), United States Treasury (1.07%), Freddie Mac (0.97%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Jul 2026 12:00:00 GMThttps://themulden.com/funds/aplu/https://themulden.com/funds/aplu/502 positions became 530: 105 added (19.06% of the fund), 77 dropped (20.3%). Turnover proxy 27.8%. Largest increases: United States Treasury 0.36% to 4.55%; United States Treasury 0.95% to 2.92%; ALLSPRING GOVERNMENT MONEY MAR 1.71% to 2.87%; AT&T INC 0.1% to 0.23%; NIAGARA MOHAWK POWER 0.1% to 0.23%; ROGERS COMMUNICATIONS IN 0.02% to 0.13%. Largest decreases: United States Treasury 4.32% to 0.77%; French Republic Government Bonds OAT 1.07% to 0.48%; United States Treasury 1.3% to 0.74%; United States Treasury 0.44% to 0.19%; UNITEDHEALTH GROUP INC 0.27% to 0.07%; Fannie Mae 0.83% to 0.66%. New: United States Treasury (1.33%), United States Treasury (0.97%), Fannie Mae (0.94%), Government National Mortgage Association (0.8%), NOTA DO TESOURO NACIONAL (0.5%), United States Treasury (0.5%). Gone: United States Treasury (2.83%), United States Treasury (1.92%), United States Treasury (1.55%), NOTA DO TESOURO NACIONAL (0.95%), UMBS, TBA (0.94%), Fannie Mae (0.67%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 21 Apr 2026 12:00:00 GMThttps://themulden.com/funds/aplu/https://themulden.com/funds/aplu/438 positions became 502: 118 added (35.19% of the fund), 54 dropped (17.69%). Turnover proxy 38.4%. Largest increases: United States Treasury 1.18% to 1.92%; Service Experts Issuer 0.23% to 0.43%; NOTA DO TESOURO NACIONAL 0.81% to 0.95%; Morgan Stanley Capital Services LLC 0% to 0.14%; ESSENDI SA 0.06% to 0.17%; French Republic Government Bonds OAT 0.98% to 1.07%. Largest decreases: ALLSPRING GOVERNMENT MONEY MAR 4.52% to 1.71%; United States Treasury 1.79% to 0.44%; Fannie Mae 2.26% to 1.65%; Fannie Mae 2.27% to 1.68%; Government National Mortgage Association 2.07% to 1.48%; Fannie Mae 1.92% to 1.33%. New: United States Treasury (4.32%), United States Treasury (2.83%), United States Treasury (1.55%), United States Treasury (1.3%), United States Treasury (0.95%), UMBS, TBA (0.94%). Gone: United States Treasury (7.56%), United States Treasury (1.57%), Government National Mortgage Association (0.98%), Government National Mortgage Association (0.72%), Government National Mortgage Association (0.47%), Government National Mortgage Association (0.42%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 23 Jan 2026 12:00:00 GMThttps://themulden.com/funds/aplu/https://themulden.com/funds/aplu/461 positions became 438: 88 added (33.49% of the fund), 111 dropped (28.38%). Turnover proxy 36.8%. Largest increases: United States Treasury 0% to 1.34%; ALLSPRING GOVERNMENT MONEY MAR 4.23% to 4.52%; NOTA DO TESOURO NACIONAL 0.69% to 0.81%; BAT CAPITAL CORP 0.1% to 0.2%; MORGAN STANLEY 0.09% to 0.18%; ENTERPRISE PRODUCTS OPER 0.1% to 0.18%. Largest decreases: Fannie Mae 1.59% to 0.49%; Fannie Mae 2.65% to 2.27%; Fannie Mae 2.54% to 2.26%; SUBWAY FUNDING LLC 0.43% to 0.16%; Fannie Mae 1.52% to 1.25%; Fannie Mae 2.19% to 1.92%. New: United States Treasury (7.56%), United States Treasury (1.79%), Government National Mortgage Association (1.61%), United States Treasury (1.57%), Freddie Mac (1.34%), United States Treasury (1.18%). Gone: United States Treasury (3.66%), United States Treasury (2.92%), United States Treasury (2.9%), United States Treasury (2.86%), United States Treasury (2.02%), Government National Mortgage Association (1.81%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Oct 2025 12:00:00 GMThttps://themulden.com/funds/aplu/https://themulden.com/funds/aplu/406 positions became 461: 129 added (36.18% of the fund), 74 dropped (37.62%). Turnover proxy 41.6%. Largest increases: US BANCORP 0.17% to 0.35%; FORTRESS TRANS & INFRAST 0.13% to 0.3%; BP CAPITAL MARKETS PLC 0.07% to 0.24%; CARNIVAL CORP 0.13% to 0.3%; Fannie Mae 2.49% to 2.65%; 200 PARK FUNDING TRUST 0.09% to 0.25%. Largest decreases: ALLSPRING GOVERNMENT MONEY MAR 4.6% to 4.23%; TierPoint Issuer LLC 0.24% to 0.04%; PFIZER INVESTMENT ENTER 0.27% to 0.1%; MARKET BIDCO FINCO PLC 0.2% to 0.08%; EXPAND ENERGY CORP 0.22% to 0.11%; ACCORINVEST GROUP SA 0.17% to 0.06%. New: United States Treasury (2.92%), United States Treasury (2.9%), United States Treasury (2.86%), Fannie Mae (2.54%), Government National Mortgage Association (2.32%), United States Treasury (2.02%). Gone: United States Treasury (5.37%), United States Treasury (2.71%), United States Treasury (2.65%), United States Treasury (2.64%), United States Treasury (2.64%), Fannie Mae (2.43%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Jul 2025 12:00:00 GMT