Each N-PORT filing of DFSB 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/dfsb/https://themulden.com/funds/dfsb/665 positions became 706: 85 added (18.7% of the fund), 44 dropped (14.94%). Turnover proxy 21.6%. Largest increases: AMERICAN HONDA FINANCE CORPORATION 0.1% to 0.34%; THE TORONTO-DOMINION BANK 0.08% to 0.28%; Royaume de Belgique 0.09% to 0.26%; REALTY INCOME CORPORATION 0.05% to 0.22%; International Bank for Reconstruction and Development 0.43% to 0.58%; THE CIGNA GROUP 0.18% to 0.32%. Largest decreases: Bundeskanzleramt Oesterreich 0.63% to 0.24%; United Kingdom of Great Britain and Northern Ireland 2.16% to 1.92%; SFIL SA 0.52% to 0.33%; Royaume de Belgique 1.26% to 1.14%; Japan 1.16% to 1.04%; CPPIB CAPITAL INC. 0.88% to 0.81%. New: Federal National Mortgage Association (2.1%), Federal National Mortgage Association (1.93%), Federal National Mortgage Association (1.62%), Federal National Mortgage Association (0.94%), EXPERIAN FINANCE PLC (0.81%), Government National Mortgage Association 2 (0.81%). Gone: Federal National Mortgage Association (2.04%), Federal National Mortgage Association (1.97%), Federal National Mortgage Association (1.96%), Government National Mortgage Association 2 (1.11%), Federal National Mortgage Association (1.06%), European Investment Bank (0.93%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 29 Jun 2026 12:00:00 GMThttps://themulden.com/funds/dfsb/https://themulden.com/funds/dfsb/609 positions became 665: 88 added (18.42% of the fund), 32 dropped (12.23%). Turnover proxy 19.8%. Largest increases: Valtioneuvosto 0.31% to 0.48%; Swedbank AB 0.11% to 0.28%; Bundeskanzleramt Oesterreich 0.47% to 0.63%; Japan 0.12% to 0.25%; ABN AMRO Bank N.V. 0.06% to 0.18%; New Zealand 0.04% to 0.14%. Largest decreases: U S DOLLARS 0.6% to 0.05%; SFIL SA 0.95% to 0.52%; Republique Francaise 0.94% to 0.71%; United Kingdom of Great Britain and Northern Ireland 2.28% to 2.16%; Japan 1.28% to 1.16%; European Bank for Reconstruction and Development 0.97% to 0.88%. New: Federal National Mortgage Association (2.04%), Federal National Mortgage Association (1.97%), Federal National Mortgage Association (1.96%), Government National Mortgage Association 2 (1.11%), Federal National Mortgage Association (1.06%), CPPIB CAPITAL INC. (0.88%). Gone: Federal National Mortgage Association (2.09%), Federal National Mortgage Association (2.05%), Federal National Mortgage Association (1.92%), Federal National Mortgage Association (1.29%), Government National Mortgage Association 2 (1.16%), United States of America (1.04%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Mar 2026 12:00:00 GMThttps://themulden.com/funds/dfsb/https://themulden.com/funds/dfsb/580 positions became 609: 68 added (21.72% of the fund), 39 dropped (15.98%). Turnover proxy 25.7%. Largest increases: ASIAN DEVELOPMENT BANK 0.51% to 1.1%; Province of British Columbia 0.5% to 1.08%; Treasury Corporation Of Victoria 0.05% to 0.55%; Province de Quebec 0.43% to 0.89%; International Bank for Reconstruction and Development 0.03% to 0.47%; Vlaamse Gemeenschap 0.02% to 0.42%. Largest decreases: Japan 0.58% to 0%; United Kingdom of Great Britain and Northern Ireland 2.56% to 2.28%; U S DOLLARS 0.87% to 0.6%; Royaume de Belgique 1.43% to 1.27%; United States of America 1.19% to 1.04%; European Investment Bank 1.12% to 0.97%. New: Federal National Mortgage Association (2.09%), Federal National Mortgage Association (2.05%), Federal National Mortgage Association (1.92%), Federal National Mortgage Association (1.29%), Government National Mortgage Association 2 (1.16%), European Union (0.77%). Gone: Federal National Mortgage Association (2.13%), Federal National Mortgage Association (2.05%), Federal National Mortgage Association (1.9%), Government National Mortgage Association 2 (1.69%), United States of America (1.03%), Federal National Mortgage Association (0.84%). 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/dfsb/https://themulden.com/funds/dfsb/599 positions became 580: 56 added (17.62% of the fund), 75 dropped (13.75%). Turnover proxy 20.2%. Largest increases: U S DOLLARS 0% to 0.87%; Royaume de Belgique 1.14% to 1.43%; United Kingdom of Great Britain and Northern Ireland 2.3% to 2.56%; INTER AMERICAN DEVELOPMENT BANK 0.74% to 0.88%; Republique Francaise 0.95% to 1.07%; CPPIB CAPITAL INC. 0.29% to 0.41%. Largest decreases: VIATRIS INC. 0.28% to 0.03%; Japan 0.69% to 0.58%; European Investment Bank 1.22% to 1.12%; Japan 1.47% to 1.38%; United States of America 1.28% to 1.19%; MORGAN STANLEY 0.26% to 0.17%. New: Federal National Mortgage Association (2.13%), Federal National Mortgage Association (2.05%), Federal National Mortgage Association (1.9%), Government National Mortgage Association 2 (1.69%), SFIL SA (1.08%), Federal National Mortgage Association (0.84%). Gone: Federal National Mortgage Association (2.07%), Federal National Mortgage Association (2.07%), Federal National Mortgage Association (1.52%), Federal National Mortgage Association (1.42%), Government National Mortgage Association 2 (1.29%), United States of America (1.01%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 25 Sep 2025 12:00:00 GMThttps://themulden.com/funds/dfsb/https://themulden.com/funds/dfsb/608 positions became 599: 36 added (13.31% of the fund), 45 dropped (13.74%). Turnover proxy 18.6%. Largest increases: INTER AMERICAN DEVELOPMENT BANK 0.26% to 0.94%; Province of Manitoba 0.12% to 0.5%; ORACLE CORPORATION 0.09% to 0.46%; MOTABILITY OPERATIONS GROUP PLC 0.02% to 0.32%; Province de Quebec 0.27% to 0.55%; KYNDRYL HOLDINGS, INC. 0.08% to 0.29%. Largest decreases: United States of America 1.44% to 1.01%; U S DOLLARS 0.39% to 0%; United States of America 1.4% to 1.28%; European Bank for Reconstruction and Development 1.31% to 1.19%; United States of America 1.21% to 1.11%; International Bank for Reconstruction and Development 1.06% to 0.96%. New: Federal National Mortgage Association (2.07%), Federal National Mortgage Association (2.07%), Federal National Mortgage Association (1.52%), Federal National Mortgage Association (1.42%), Government National Mortgage Association 2 (1.29%), Province of Ontario, Canada (0.76%). Gone: Federal National Mortgage Association (2.16%), Federal National Mortgage Association (2.13%), Federal National Mortgage Association (2.11%), Federal National Mortgage Association (1.54%), United States of America (1.06%), Government National Mortgage Association 2 (0.88%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 26 Jun 2025 12:00:00 GMThttps://themulden.com/funds/dfsb/https://themulden.com/funds/dfsb/600 positions became 608: 72 added (20.71% of the fund), 64 dropped (18.13%). Turnover proxy 27.4%. Largest increases: European Bank for Reconstruction and Development 0.22% to 1.31%; ASIAN DEVELOPMENT BANK 0.07% to 0.57%; Province of Ontario, Canada 0.18% to 0.67%; Japan 0.86% to 1.29%; Royaume de Belgique 0.13% to 0.41%; Japan 0.11% to 0.36%. Largest decreases: U S DOLLARS 0.9% to 0.39%; United States of America 1.58% to 1.4%; Republique Francaise 1.12% to 0.95%; Landeskreditbank Baden-Wuerttemberg -Foerderbank- 1.14% to 0.97%; Royaume de Belgique 1.3% to 1.13%; European Union 0.38% to 0.22%. New: Federal National Mortgage Association (2.16%), Federal National Mortgage Association (2.13%), Federal National Mortgage Association (2.11%), Federal National Mortgage Association (1.54%), European Investment Bank (1.25%), Government National Mortgage Association 2 (0.88%). Gone: Federal National Mortgage Association (2.09%), Federal National Mortgage Association (2.06%), Federal National Mortgage Association (2.06%), Federal National Mortgage Association (1.37%), Government National Mortgage Association 2 (0.85%), Nederlandse Waterschapsbank N.V. (0.8%). 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/dfsb/https://themulden.com/funds/dfsb/537 positions became 600: 112 added (23.18% of the fund), 49 dropped (21.37%). Turnover proxy 29.8%. Largest increases: Exportation et developpement Canada 0.31% to 1.09%; U S DOLLARS 0.24% to 0.9%; Republique Francaise 0.62% to 1.12%; International Bank for Reconstruction and Development 0.75% to 1.19%; NEW SOUTH WALES TREASURY CORP 0.5% to 0.87%; European Bank for Reconstruction and Development 0.16% to 0.53%. Largest decreases: United States of America 0.74% to 0.19%; ASIAN DEVELOPMENT BANK 0.56% to 0.07%; Landeskreditbank Baden-Wuerttemberg -Foerderbank- 1.3% to 1.14%; United States of America 1.28% to 1.12%; European Union 1.2% to 1.05%; ACTION LOGEMENT SERVICES SAS 0.91% to 0.79%. New: Federal National Mortgage Association (2.09%), Federal National Mortgage Association (2.06%), Federal National Mortgage Association (2.06%), Federal National Mortgage Association (1.37%), ASIAN DEVELOPMENT BANK (1.14%), Government National Mortgage Association 2 (0.85%). Gone: Federal National Mortgage Association (2.16%), Federal National Mortgage Association (2.13%), Federal National Mortgage Association (2.1%), Canada (1.54%), Federal National Mortgage Association (1.42%), CPPIB CAPITAL INC. (1.41%). 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/dfsb/https://themulden.com/funds/dfsb/513 positions became 537: 91 added (23.76% of the fund), 67 dropped (20.41%). Turnover proxy 26.5%. Largest increases: Treasury Corporation Of Victoria 0.62% to 0.86%; Province of Ontario, Canada 0.7% to 0.87%; Repubblica Italiana 0.05% to 0.19%; INTESA SANPAOLO SPA 0.03% to 0.16%; European Bank for Reconstruction and Development 0.02% to 0.13%; Truist Financial Corporation 0.02% to 0.11%. Largest decreases: CISCO SYSTEMS, INC. 1.14% to 0.84%; United States of America 1.91% to 1.68%; WarnerMedia Holdings, Inc. 0.34% to 0.11%; United States of America 1.45% to 1.28%; United States of America 1.45% to 1.28%; Siemens Financieringsmaatschappij N.V. 0.6% to 0.46%. New: Federal National Mortgage Association (2.16%), Federal National Mortgage Association (2.13%), Federal National Mortgage Association (2.1%), Canada (1.54%), Federal National Mortgage Association (1.42%), CPPIB CAPITAL INC. (1.41%). Gone: Federal National Mortgage Association (2.4%), Canada (1.48%), Federal National Mortgage Association (1.34%), Federal National Mortgage Association (1.13%), Government National Mortgage Association 2 (1.13%), Federal National Mortgage Association (1%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 27 Sep 2024 12:00:00 GMThttps://themulden.com/funds/dfsb/https://themulden.com/funds/dfsb/478 positions became 513: 97 added (21.87% of the fund), 62 dropped (18.86%). Turnover proxy 32.4%. Largest increases: United Kingdom of Great Britain and Northern Ireland 1.16% to 2.16%; Province of Ontario, Canada 0.05% to 0.81%; AMAZON.COM, INC. 0.2% to 0.93%; CISCO SYSTEMS, INC. 0.44% to 1.14%; NEW SOUTH WALES TREASURY CORP 0.37% to 0.88%; CDP FINANCIERE INC. 0.31% to 0.68%. Largest decreases: Republique Francaise 0.88% to 0.22%; Royaume de Belgique 1.45% to 1.06%; European Union 1.65% to 1.32%; CISCO SYSTEMS, INC. 0.75% to 0.46%; MORGAN STANLEY 0.68% to 0.41%; Canada 1.74% to 1.48%. New: Federal National Mortgage Association (2.4%), United States of America (1.91%), Federal National Mortgage Association (1.34%), United States of America (1.23%), Federal National Mortgage Association (1.13%), Government National Mortgage Association 2 (1.13%). Gone: Federal National Mortgage Association (1.93%), Federal National Mortgage Association (1.7%), United States of America (1.52%), Federal National Mortgage Association (1.39%), United Kingdom of Great Britain and Northern Ireland (1.3%), Federal National Mortgage Association (1.23%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 26 Jun 2024 12:00:00 GMThttps://themulden.com/funds/dfsb/https://themulden.com/funds/dfsb/398 positions became 478: 132 added (37.84% of the fund), 52 dropped (18.1%). Turnover proxy 46.7%. Largest increases: Canada 0.6% to 1.74%; Treasury Corporation Of Victoria 0.36% to 1.1%; United Kingdom of Great Britain and Northern Ireland 0.45% to 1.16%; European Union 0.95% to 1.65%; DEXIA SA 0.07% to 0.52%; Treasury Corporation Of Victoria 0.39% to 0.77%. Largest decreases: United States of America 2.48% to 1.52%; Nederlandse Waterschapsbank N.V. 1.93% to 1.15%; United States of America 1.72% to 0.97%; Svenska Handelsbanken AB 0.92% to 0.21%; Republique Francaise 1.38% to 0.88%; United States of America 1.17% to 0.67%. New: Federal National Mortgage Association (1.93%), Federal National Mortgage Association (1.7%), Landeskreditbank Baden-Wuerttemberg -Foerderbank- (1.69%), Federal National Mortgage Association (1.39%), United Kingdom of Great Britain and Northern Ireland (1.3%), Federal National Mortgage Association (1.23%). Gone: United States of America (2.18%), Federal National Mortgage Association (2.15%), Federal National Mortgage Association (1.98%), Federal National Mortgage Association (1.48%), Federal National Mortgage Association (1.29%), Government National Mortgage Association 2 (0.79%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 Mar 2024 12:00:00 GMThttps://themulden.com/funds/dfsb/https://themulden.com/funds/dfsb/338 positions became 398: 100 added (23.92% of the fund), 40 dropped (17.28%). Turnover proxy 28.3%. Largest increases: Royaume de Belgique 0.41% to 1.83%; United States of America 0.43% to 1.05%; Siemens Financieringsmaatschappij N.V. 0.11% to 0.54%; THE WALT DISNEY COMPANY 0.02% to 0.3%; T-MOBILE USA, INC. 0.35% to 0.54%; STANLEY BLACK & DECKER, INC. 0.09% to 0.27%. Largest decreases: AMERICAN WATER CAPITAL CORP. 0.53% to 0.18%; TEXAS INSTRUMENTS INCORPORATED 0.73% to 0.4%; BANQUE CANADIENNE IMPERIALE DE COMMERCE 0.38% to 0.11%; Nederlandse Waterschapsbank N.V. 2.19% to 1.93%; United States of America 0.85% to 0.59%; Republique Francaise 1.63% to 1.38%. New: Federal National Mortgage Association (2.15%), Federal National Mortgage Association (1.98%), Federal National Mortgage Association (1.48%), Federal National Mortgage Association (1.29%), Canada (1.17%), European Union (0.95%). Gone: Federal National Mortgage Association (1.92%), Federal National Mortgage Association (1.86%), Federal National Mortgage Association (1.6%), Federal National Mortgage Association (1.45%), United States of America (0.93%), United States of America (0.78%). 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/dfsb/https://themulden.com/funds/dfsb/299 positions became 338: 84 added (31.59% of the fund), 45 dropped (25.22%). Turnover proxy 33.3%. Largest increases: CITIGROUP INC. 0.07% to 0.49%; United States of America 0.13% to 0.45%; MORGAN STANLEY 0.11% to 0.42%; U S DOLLARS 0.13% to 0.41%; NIKE, INC. 0.39% to 0.51%; MASTERCARD INCORPORATED. 0.07% to 0.14%. Largest decreases: 7-ELEVEN, INC. 0.42% to 0.03%; AMERICAN EXPRESS COMPANY 0.28% to 0.01%; PRINCIPAL FINANCIAL GROUP, INC. 0.28% to 0.03%; Mitsubishi UFJ Financial Group, Inc. 0.39% to 0.16%; United States of America 2.89% to 2.67%; CNA FINANCIAL CORPORATION 0.27% to 0.06%. New: Nederlandse Waterschapsbank N.V. (2.19%), Federal National Mortgage Association (1.92%), Federal National Mortgage Association (1.86%), United States of America (1.86%), Federal National Mortgage Association (1.6%), Federal National Mortgage Association (1.45%). Gone: United States of America (2.99%), Federal National Mortgage Association (1.88%), Federal National Mortgage Association (1.85%), Federal National Mortgage Association (1.83%), Federal National Mortgage Association (1.56%), United Kingdom of Great Britain and Northern Ireland (1.24%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 27 Sep 2023 12:00:00 GMThttps://themulden.com/funds/dfsb/https://themulden.com/funds/dfsb/295 positions became 299: 18 added (13.31% of the fund), 14 dropped (10.11%). Turnover proxy 23.1%. Largest increases: Bundesrepublik Deutschland 0.01% to 0.95%; Kraft Heinz Foods Company 0.13% to 0.61%; UNUM GROUP 0.1% to 0.55%; TEXAS INSTRUMENTS INCORPORATED 0.38% to 0.82%; THE GOLDMAN SACHS GROUP, INC. 0.48% to 0.87%; COX COMMUNICATIONS, INC. 0.26% to 0.63%. Largest decreases: United States of America 3.67% to 2.99%; United States of America 3.52% to 2.89%; United States of America 3.07% to 2.52%; Treasury Corporation Of Victoria 1.45% to 1.13%; New South Wales Treasury Corporation 1.38% to 1.09%; United States of America 1.63% to 1.34%. New: Federal National Mortgage Association (1.88%), Federal National Mortgage Association (1.85%), Federal National Mortgage Association (1.83%), Federal National Mortgage Association (1.56%), United Kingdom of Great Britain and Northern Ireland (1.24%), Government National Mortgage Association 2 (0.97%). Gone: Federal National Mortgage Association (1.76%), Federal National Mortgage Association (1.68%), Federal National Mortgage Association (1.57%), Federal National Mortgage Association (1.46%), United States of America (0.92%), Government National Mortgage Association 2 (0.9%). 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