Each N-PORT filing of CARY 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/cary/https://themulden.com/funds/cary/657 positions became 698: 115 added (29.73% of the fund), 74 dropped (17.05%). Turnover proxy 34.2%. Largest increases: Invesco Senior Loan ETF 0.36% to 0.91%; CPS Auto Trust 0.13% to 0.39%; VENTURE GLOBAL LNG INC 0.16% to 0.27%; First American Government Obli 5.09% to 5.19%; Ellington Financial Mortgage T 0.18% to 0.27%; UNLOCK HEA TRUST 0.35% to 0.44%. Largest decreases: FHLMC Multifamily Structured P 1.56% to 1.17%; Carvana Auto Receivables Trust 0.42% to 0.11%; FHLMC Multifamily Structured P 1.2% to 0.91%; UNLOCK HEA TRUST 1.18% to 0.9%; Marlette Funding Trust 0.55% to 0.28%; Marlette Funding Trust 0.73% to 0.49%. New: Freddie Mac (1.41%), FHLMC Multifamily Structured P (1.37%), FHLMC Multifamily Structured P (0.91%), Freddie Mac (0.81%), Vista Point Securitization Tru (0.66%), Saluda Grade Alternative Mortg (0.64%). Gone: iShares Broad USD High Yield C (1.39%), FHLMC Multifamily Structured P (1.32%), FHLMC Multifamily Structured P (1.21%), Sycamore Tree CLO Ltd (0.77%), Sequoia Mortgage Trust (0.72%), FHLMC Multifamily Structured P (0.6%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Jun 2026 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/658 positions became 657: 83 added (22.59% of the fund), 84 dropped (14.33%). Turnover proxy 25.1%. Largest increases: First American Government Obli 4.46% to 5.09%; Marlette Funding Trust 0.42% to 0.73%; CPS Auto Trust 0.07% to 0.31%; Marlette Funding Trust 0.35% to 0.55%; BRAVO Residential Funding Trus 0.14% to 0.3%; Exeter Automobile Receivables 0.15% to 0.25%. Largest decreases: FHLMC Multifamily Structured P 1.54% to 1.32%; FHLMC Multifamily Structured P 1.4% to 1.21%; Fannie Mae 1.05% to 0.89%; JP Morgan Mortgage Trust 0.46% to 0.32%; Gaea Mortgage Loan Trust 0.35% to 0.21%; Fannie Mae 0.77% to 0.65%. New: FHLMC Multifamily Structured P (1.56%), FHLMC Multifamily Structured P (1.2%), UNLOCK HEA TRUST (1.18%), FHLMC Multifamily Structured P (0.9%), Sycamore Tree CLO Ltd (0.77%), Sequoia Mortgage Trust (0.72%). Gone: Fannie Mae (1%), Fannie Mae (0.96%), Fannie Mae (0.86%), COLT Funding LLC (0.72%), Fannie Mae or Freddie Mac (0.69%), Sycamore Tree CLO Ltd (0.55%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 01 Apr 2026 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/632 positions became 658: 140 added (29.25% of the fund), 114 dropped (19.69%). Turnover proxy 36.5%. Largest increases: First American Government Obli 2.4% to 4.46%; COLT Funding LLC 0.32% to 0.72%; iShares Broad USD High Yield C 1.1% to 1.39%; Vista Point Securitization Tru 0.18% to 0.42%; Prestige Auto Receivables Trus 0.06% to 0.28%; Credit Suisse Mortgage Trust 0.02% to 0.2%. Largest decreases: Fannie Mae 1.32% to 1%; CPS Auto Trust 0.56% to 0.25%; Marlette Funding Trust 0.64% to 0.35%; Freddie Mac 0.89% to 0.64%; CPS Auto Trust 0.98% to 0.75%; Fannie Mae 1% to 0.77%. New: FHLMC Multifamily Structured P (1.54%), FHLMC Multifamily Structured P (1.4%), Fannie Mae (1.05%), Fannie Mae (0.96%), Fannie Mae (0.86%), Extended Stay America Trust (0.7%). Gone: iShares iBoxx $ High Yield Cor (1.29%), SPDR Bloomberg High Yield Bond (1.24%), Freddie Mac (0.89%), Fannie Mae or Freddie Mac (0.87%), Verus Securitization Trust (0.74%), PRP Advisors, LLC (0.7%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Dec 2025 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/582 positions became 632: 101 added (27.58% of the fund), 51 dropped (10.4%). Turnover proxy 30.1%. Largest increases: Verus Securitization Trust 0.39% to 0.74%; Sycamore Tree CLO Ltd 0.44% to 0.72%; Ellington Financial Mortgage T 0.05% to 0.3%; Carvana Auto Receivables Trust 0.23% to 0.46%; iShares iBoxx $ High Yield Cor 1.07% to 1.29%; Exeter Automobile Receivables 0.28% to 0.47%. Largest decreases: First American Government Obli 7.32% to 2.4%; Fannie Mae 1.24% to 1%; Government National Mortgage A 1.1% to 0.87%; Carvana Auto Receivables Trust 0.77% to 0.57%; Freddie Mac 1.08% to 0.89%; CPS Auto Trust 1.17% to 0.98%. New: Fannie Mae (1.32%), iShares Broad USD High Yield C (1.1%), Freddie Mac (0.89%), Fannie Mae or Freddie Mac (0.87%), Madison Park Funding Ltd (0.73%), ICG US CLO Ltd (0.72%). Gone: Fannie Mae or Freddie Mac (1.07%), COLT Funding LLC (0.86%), Government National Mortgage A (0.63%), COLT Funding LLC (0.55%), KKR Financial CLO Ltd (0.55%), Romark CLO Ltd (0.49%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 26 Sep 2025 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/503 positions became 582: 150 added (28.16% of the fund), 71 dropped (22.39%). Turnover proxy 37.8%. Largest increases: First American Government Obli 0.95% to 7.32%; Carvana Auto Receivables Trust 0.35% to 0.77%; Octane Receivables Trust 0.17% to 0.45%; Exeter Automobile Receivables 0.1% to 0.3%; SBNA Auto Receivables Trust 0.14% to 0.34%; Exeter Automobile Receivables 0.11% to 0.31%. Largest decreases: Saluda Grade Alternative Mortg 1.1% to 0.68%; Fannie Mae 1.57% to 1.24%; Government National Mortgage A 1.43% to 1.1%; Freddie Mac 1.38% to 1.08%; ATLX Trust 1.24% to 1.03%; COLT Funding LLC 1.05% to 0.86%. New: CPS Auto Trust (1.17%), iShares iBoxx $ High Yield Cor (1.07%), Fannie Mae or Freddie Mac (1.07%), SPDR Bloomberg High Yield Bond (1.06%), Fannie Mae (0.88%), Freddie Mac (0.87%). Gone: Freddie Mac (2.58%), JP Morgan Mortgage Trust (1.3%), Silver Point SCF CLO II Ltd (0.82%), Northwoods Capital Ltd (0.82%), JP Morgan Mortgage Trust (0.66%), Prosper Marketplace Issuance T (0.61%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Jun 2025 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/467 positions became 503: 75 added (22.79% of the fund), 39 dropped (12.15%). Turnover proxy 23.3%. Largest increases: Apidos CLO Ltd 0.15% to 0.41%; Hertz Vehicle Financing LLC 0.08% to 0.26%; Ellington Financial Mortgage T 0.04% to 0.09%; Carvana Auto Receivables Trust 0.3% to 0.35%; CONSOLIDATED ENERGY FIN 0.01% to 0.03%. Largest decreases: First American Government Obli 1.83% to 0.95%; Freddie Mac 2.98% to 2.58%; Government National Mortgage A 1.71% to 1.43%; Fannie Mae 1.81% to 1.57%; JP Morgan Mortgage Trust 1.49% to 1.3%; ATLX Trust 1.42% to 1.24%. New: Freddie Mac (1.38%), Saluda Grade Alternative Mortg (1.1%), Freddie Mac (0.82%), Freddie Mac (0.79%), KKR Financial CLO Ltd (0.7%), Verdelite Static CLO Ltd (0.69%). Gone: Fannie Mae (2.74%), Fannie Mae or Freddie Mac (1.91%), Fannie Mae (1.06%), ACHV ABS TRUST (0.62%), Fannie Mae or Freddie Mac (0.56%), RR LTD (0.52%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Mar 2025 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/390 positions became 467: 119 added (44.89% of the fund), 42 dropped (21.83%). Turnover proxy 47%. Largest increases: Prosper Marketplace Issuance T 0.14% to 0.68%; Marlette Funding Trust 0.34% to 0.77%; Verus Securitization Trust 0.31% to 0.62%; Pagaya AI Debt Selection Trust 0.16% to 0.41%; First Help Financial LLC 0.09% to 0.22%; Carvana Auto Receivables Trust 0.19% to 0.3%. Largest decreases: Government National Mortgage A 2.67% to 1.71%; Pagaya AI Debt Selection Trust 0.86% to 0.25%; COLT Funding LLC 1.68% to 1.13%; Government National Mortgage A 1.48% to 0.95%; First American Government Obli 2.24% to 1.83%; Woodward Capital Management 1.07% to 0.7%. New: Freddie Mac (2.98%), Fannie Mae (2.74%), Fannie Mae or Freddie Mac (1.91%), Fannie Mae (1.81%), JP Morgan Mortgage Trust (1.49%), ATLX Trust (1.42%). Gone: Fannie Mae or Freddie Mac (4.52%), JP Morgan Mortgage Trust (1.64%), COLT Funding LLC (1.14%), FHLMC Multifamily Structured P (1.09%), JP Morgan Mortgage Trust (0.97%), FHLMC Multifamily Structured P (0.86%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 30 Dec 2024 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/354 positions became 390: 78 added (28.82% of the fund), 42 dropped (20.18%). Turnover proxy 31.8%. Largest increases: First American Government Obli 1.22% to 2.24%; COLT Funding LLC 0.98% to 1.68%; JP Morgan Mortgage Trust 0.13% to 0.46%; Saluda Grade Alternative Mortg 0.5% to 0.82%; Tricolor Auto Securitization T 0.16% to 0.38%; Pagaya AI Debt Selection Trust 0.1% to 0.26%. Largest decreases: Prosper Marketplace Issuance T 1.23% to 0.14%; Government National Mortgage A 3.17% to 2.67%; Government National Mortgage A 1.75% to 1.48%; JP Morgan Mortgage Trust 1.84% to 1.64%; COLT Funding LLC 1.32% to 1.14%; Woodward Capital Management 1.22% to 1.07%. New: Fannie Mae or Freddie Mac (4.52%), COLT Funding LLC (1.13%), JP Morgan Mortgage Trust (0.82%), Chase Mortgage Finance Corpora (0.81%), COLT Funding LLC (0.75%), PRP Advisors, LLC (0.75%). Gone: Government National Mortgage A (3.27%), Government National Mortgage A (1.83%), Government National Mortgage A (1.1%), Pagaya AI Debt Selection Trust (1.06%), Ellington Financial Mortgage T (1.02%), Morgan Stanley Residential Mor (0.98%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 25 Sep 2024 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/261 positions became 354: 122 added (44.56% of the fund), 29 dropped (9.17%). Turnover proxy 48.7%. Largest increases: Government National Mortgage A 0.77% to 1.83%; Prosper Marketplace Issuance T 0.29% to 1.23%; Pagaya AI Debt Selection Trust 0.19% to 1.06%; Government National Mortgage A 0.94% to 1.75%; Marlette Funding Trust 0.43% to 0.77%; Pagaya AI Debt Selection Trust 0.87% to 1.01%. Largest decreases: First American Government Obli 2.54% to 1.22%; FHLMC Multifamily Structured P 1.83% to 0.97%; Government National Mortgage A 1.71% to 0.88%; Government National Mortgage A 1.67% to 0.87%; Government National Mortgage A 1.58% to 0.82%; Home Re Ltd 1.49% to 0.83%. New: Government National Mortgage A (3.27%), Government National Mortgage A (3.17%), JP Morgan Mortgage Trust (1.84%), COLT Funding LLC (1.32%), Woodward Capital Management (1.22%), Government National Mortgage A (1.1%). Gone: Affirm Inc (0.97%), Affirm Inc (0.73%), ACHV ABS TRUST (0.58%), USASF Receivables LLC (0.53%), ACHV ABS TRUST (0.48%), Momnt Technologies Trust (0.48%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 27 Jun 2024 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/193 positions became 261: 90 added (38.21% of the fund), 22 dropped (14.64%). Turnover proxy 39%. Largest increases: Upstart Securitization Trust 0.47% to 0.97%; Pagaya AI Debt Selection Trust 0.13% to 0.37%. Largest decreases: First American Government Obli 5.06% to 2.54%; Home Re Ltd 2.01% to 1.49%; Government National Mortgage A 1.76% to 1.29%; Saluda Grade Alternative Mortg 1.32% to 0.91%; USASF Receivables LLC 0.93% to 0.53%; Government National Mortgage A 1.52% to 1.13%. New: FHLMC Multifamily Structured P (1.83%), Government National Mortgage A (1.71%), Government National Mortgage A (1.67%), Government National Mortgage A (1.58%), FHLMC Multifamily Structured P (1.39%), Bain Capital Credit CLO, Limit (1.04%). Gone: Fannie Mae (1.99%), Government National Mortgage A (1.6%), Government National Mortgage A (1.47%), Symphony CLO Ltd (0.96%), GoldenTree Loan Management US (0.8%), LJV I MM CLO LLC (0.79%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 22 Mar 2024 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/127 positions became 193: 71 added (43.25% of the fund), 5 dropped (1.62%). Turnover proxy 45.2%. Largest increases: First American Government Obli 3.47% to 5.06%; Upstart Securitization Trust 0.24% to 0.4%; Radnor Re LTD 1.21% to 1.31%; GCAT 0.97% to 1.03%; Marlette Funding Trust 0.62% to 0.66%. Largest decreases: Government National Mortgage A 2.37% to 1.19%; Government National Mortgage A 2.33% to 1.16%; Government National Mortgage A 2.34% to 1.18%; Fannie Mae 2.29% to 1.16%; Freddie Mac 2.23% to 1.11%; Government National Mortgage A 1.72% to 0.88%. New: Home Re Ltd (2.01%), Fannie Mae (1.99%), Government National Mortgage A (1.76%), Government National Mortgage A (1.6%), Government National Mortgage A (1.52%), Government National Mortgage A (1.47%). Gone: Exeter Automobile Receivables (0.76%), Octane Receivables Trust (0.37%), ACM Auto Trust (0.23%), Santander Bank Auto Credit-Lin (0.18%), N/A (0.09%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 Dec 2023 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/103 positions became 127: 36 added (21.71% of the fund), 12 dropped (7.37%). Turnover proxy 23.8%. Largest increases: First American Government Obli 1.6% to 3.47%; BELLEMEADE RE LT 0.75% to 0.89%; N/A 0.01% to 0.09%. Largest decreases: Government National Mortgage A 2.92% to 2.34%; Government National Mortgage A 2.94% to 2.37%; Fannie Mae 2.86% to 2.29%; Government National Mortgage A 2.89% to 2.33%; Freddie Mac 2.79% to 2.23%; Verus Securitization Trust 2.21% to 1.7%. New: Government National Mortgage A (1.72%), Verus Securitization Trust (1.62%), Genworth Mortgage Insurance Co (1.22%), CIFC Funding Ltd (1.21%), JP Morgan Mortgage Trust (1%), Upstart Securitization Trust (0.87%). Gone: Westlake Automobile Receivable (1.51%), American Credit Acceptance Rec (0.75%), CarMax Auto Owner Trust (0.75%), CPS Auto Trust (0.75%), Eagle Re Ltd (0.73%), JP Morgan Mortgage Trust (0.68%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 25 Sep 2023 12:00:00 GMThttps://themulden.com/funds/cary/https://themulden.com/funds/cary/96 positions became 103: 16 added (11.32% of the fund), 9 dropped (9.01%). Turnover proxy 12.4%. Largest increases: First American Government Obli 0.67% to 1.6%; Oaktown Re Ltd 1.3% to 1.37%; Genworth Mortgage Insurance Co 0.24% to 0.25%; BELLEMEADE RE LT 0.81% to 0.82%; BELLEMEADE RE LT 0.42% to 0.43%; SMYRNA READY MIX CONCRET 0.56% to 0.56%. Largest decreases: Onslow Bay Financial LLC 0.85% to 0.65%; Fannie Mae 3.03% to 2.86%; New Residential Mortgage Loan 1.85% to 1.7%; Government National Mortgage A 3.05% to 2.92%; Government National Mortgage A 3.06% to 2.94%; Government National Mortgage A 3.01% to 2.89%. New: Government National Mortgage A (1.48%), Radnor Re LTD (1.45%), Starwood Residential Mortgage (1.39%), Pagaya AI Debt Selection Trust (0.9%), Pagaya AI Debt Selection Trust (0.77%), Marlette Funding Trust (0.76%). Gone: Government National Mortgage A (3.08%), Upstart Structured Pass-Throug (1.25%), Hertz Vehicle Financing LLC (0.95%), Avis Budget Rental Car Funding (0.93%), DT Auto Owner Trust (0.76%), Legacy Mortgage Asset Trust (0.63%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 26 Jun 2023 12:00:00 GMT