Each N-PORT filing of DMBS 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/dmbs/https://themulden.com/funds/dmbs/190 positions became 187: 22 added (40.27% of the fund), 25 dropped (33.9%). Turnover proxy 40.4%. Largest increases: JPMorgan U.S. Government Money Market Fund 3.45% to 3.56%. Largest decreases: FNMA 1.72% to 1.48%; FHLMC Pool 1.67% to 1.49%; FHLMC Pool 1.4% to 1.24%; FNMA 1.64% to 1.48%; FNMA 1.71% to 1.54%; N/A 0.23% to 0.08%. New: FNMA or FHLMC (12.12%), FNMA or FHLMC (4.6%), FNMA (2.33%), FHLMC Pool (2.18%), FHLMC Pool (1.9%), FHLMC Pool (1.77%). Gone: FNMA or FHLMC (7.42%), FNMA or FHLMC (4.21%), FNMA (2.05%), FNMA (2.01%), FHLMC Pool (1.66%), FNMA or FHLMC (1.6%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 20 Aug 2026 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/177 positions became 190: 36 added (36.33% of the fund), 23 dropped (30.13%). Turnover proxy 38.7%. Largest increases: JPMorgan U.S. Government Money Market Fund 1.37% to 3.45%; N/A 0.08% to 0.23%; Verus Securitization Trust 0.28% to 0.4%. Largest decreases: FNMA 2.32% to 2.01%; FNMA 2.02% to 1.76%; FHLMC Pool 1.91% to 1.67%; FNMA 1.88% to 1.64%; FNMA 1.93% to 1.71%; GNMA 1.73% to 1.51%. New: FNMA or FHLMC (7.42%), FNMA or FHLMC (4.21%), FNMA (2.05%), FNMA (1.72%), FHLMC Pool (1.66%), FNMA or FHLMC (1.6%). Gone: FNMA or FHLMC (6.47%), FNMA (2.74%), FNMA (2.48%), FNMA (1.81%), FHLMC Pool (1.77%), FNMA (1.65%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 28 May 2026 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/163 positions became 177: 37 added (44.94% of the fund), 23 dropped (28.13%). Turnover proxy 44.9%. Largest decreases: FHLMC Pool 2.47% to 1.91%; FNMA 2.57% to 2.02%; FNMA 2.34% to 1.81%; FNMA 1.59% to 1.09%; FHLMC Pool 1.7% to 1.28%; FHLMC Pool 1.7% to 1.28%. New: FNMA or FHLMC (6.47%), FNMA (2.74%), FNMA (2.48%), FNMA (2.32%), FNMA (1.93%), FNMA (1.88%). Gone: FNMA or FHLMC (3.19%), FHLMC Pool (2.29%), FNMA (2.26%), FNMA or FHLMC (2.24%), FNMA (1.97%), FNMA or FHLMC (1.72%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 20 Feb 2026 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/139 positions became 163: 38 added (36.12% of the fund), 14 dropped (24.8%). Turnover proxy 36.2%. Largest increases: GNMA 0.17% to 0.26%. Largest decreases: Morgan Stanley Institutional Liquidity Funds 2.25% to 0.64%; JPMorgan U.S. Government Money Market Fund 2.25% to 0.64%; FNMA 1.71% to 0.77%; FNMA 1.81% to 1.59%; FHLMC Pool 1.91% to 1.7%; FNMA 1.8% to 1.59%. New: FNMA or FHLMC (3.19%), FNMA (2.57%), FHLMC Pool (2.47%), FNMA (2.34%), FHLMC Pool (2.29%), FNMA (2.26%). Gone: FNMA or FHLMC (6.29%), FNMA or FHLMC (4.84%), FNMA or FHLMC (3.48%), FNMA (1.77%), FNMA (1.45%), FHLMC Pool (1.29%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 24 Nov 2025 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/126 positions became 139: 22 added (29.16% of the fund), 9 dropped (17.78%). Turnover proxy 29.4%. Largest increases: N/A 0.05% to 0.24%; Morgan Stanley Institutional Liquidity Funds 2.23% to 2.25%; JPMorgan U.S. Government Money Market Fund 2.23% to 2.25%. Largest decreases: FNMA 2.18% to 1.81%; FNMA 2.17% to 1.8%; FHLMC Pool 1.92% to 1.6%; FNMA 2.18% to 1.86%; FNMA 2.09% to 1.77%; FNMA 2.03% to 1.73%. New: FNMA or FHLMC (6.29%), FNMA or FHLMC (4.84%), FNMA or FHLMC (3.48%), FHLMC Pool (1.89%), GS Mortgage-Backed Securities Trust (1.65%), FNMA (1.48%). Gone: FNMA or FHLMC (5.55%), FNMA or FHLMC (4.22%), FNMA or FHLMC (3.97%), FNMA (1.63%), Verus Securitization Trust (0.85%), Verus Securitization Trust (0.59%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 22 Aug 2025 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/122 positions became 126: 13 added (29.47% of the fund), 9 dropped (19.46%). Turnover proxy 31.7%. Largest increases: Morgan Stanley Institutional Liquidity Funds 1.12% to 2.23%; JPMorgan U.S. Government Money Market Fund 1.12% to 2.23%. Largest decreases: FHLMC Pool 2.29% to 1.01%; FHLMC 1.51% to 0.44%; FNMA 2.53% to 2.17%; FNMA 2.33% to 2.03%; FNMA 2.27% to 2%; FHLMC Pool 2.27% to 2.01%. New: FNMA or FHLMC (5.55%), FNMA or FHLMC (4.22%), FNMA or FHLMC (3.97%), FHLMC Pool (2.19%), FNMA (2.18%), FNMA (2.18%). Gone: FNMA or FHLMC (6.17%), FNMA or FHLMC (4.45%), FNMA or FHLMC (2.95%), FNMA (2.33%), FHLMC Pool (1.79%), FHLMC Pool (1.17%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 21 May 2025 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/116 positions became 122: 11 added (24.74% of the fund), 5 dropped (15.08%). Turnover proxy 24.9%. Largest increases: N/A 0.02% to 0.15%; GNMA 0.19% to 0.2%. Largest decreases: Morgan Stanley Institutional Liquidity Funds 1.92% to 1.12%; JPMorgan U.S. Government Money Market Fund 1.92% to 1.12%; FNMA 2.59% to 2.27%; FHLMC Pool 2.58% to 2.27%; FNMA 2.63% to 2.33%; FHLMC Pool 2.59% to 2.29%. New: FNMA or FHLMC (6.17%), FNMA or FHLMC (4.45%), FNMA or FHLMC (2.95%), FNMA (2.53%), FHLMC Pool (1.71%), FHLMC Pool (1.67%). Gone: FNMA or FHLMC (8.48%), FHLMC Pool (2.74%), FHLMC Pool (1.58%), FNMA or FHLMC (1.42%), FNMA or FHLMC (0.85%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 24 Feb 2025 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/104 positions became 116: 33 added (43.69% of the fund), 21 dropped (33.03%). Turnover proxy 46%. Largest increases: Morgan Stanley Institutional Liquidity Funds 0.76% to 1.92%; JPMorgan U.S. Government Money Market Fund 0.76% to 1.92%. Largest decreases: FHLMC Pool 2.38% to 1.91%; FHLMC Pool 2.34% to 1.89%; FNMA 2.34% to 1.91%; FHLMC 1.98% to 1.57%; FHLMC 1.97% to 1.57%; New Residential Mortgage Loan Trust 1.77% to 1.38%. New: FNMA or FHLMC (8.48%), FHLMC Pool (2.74%), FNMA (2.63%), FNMA (2.59%), FHLMC Pool (2.59%), FNMA (2.59%). Gone: FNMA or FHLMC (4.61%), FNMA (3.19%), FNMA (3.16%), FHLMC Pool (2.91%), GNMA (1.79%), FNMA or FHLMC (1.69%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 25 Nov 2024 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/101 positions became 104: 18 added (21.77% of the fund), 15 dropped (19.13%). Turnover proxy 23%. Largest increases: GNMA 0.34% to 0.8%; Morgan Stanley Institutional Liquidity Funds 0.48% to 0.76%; JPMorgan U.S. Government Money Market Fund 0.48% to 0.76%; N/A 0.04% to 0.21%; GNMA 0.19% to 0.19%; FHLMC 0.77% to 0.77%. Largest decreases: GNMA 0.49% to 0%; FHLMC Pool 3.1% to 2.91%; New Residential Mortgage Loan Trust 1.92% to 1.77%; FNMA 3.32% to 3.19%; FNMA 3.29% to 3.16%; FHLMC Pool 1.57% to 1.47%. New: FNMA or FHLMC (4.61%), FHLMC Pool (2.38%), FNMA (2.34%), FHLMC Pool (2.34%), FNMA or FHLMC (1.69%), FHLMC Pool (1.59%). Gone: GNMA (3.27%), GNMA (2.63%), GNMA (1.94%), FNMA (1.91%), FNMA or FHLMC (1.65%), FHLMC Pool (1.25%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 22 Aug 2024 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/83 positions became 101: 33 added (47.73% of the fund), 15 dropped (15.68%). Turnover proxy 47.7%. Largest decreases: Morgan Stanley Institutional Liquidity Funds 3.9% to 0.48%; JPMorgan U.S. Government Money Market Fund 3.9% to 0.48%; FNMA 3.18% to 2.12%; FNMA 2.86% to 1.91%; FNMA 2.75% to 1.84%; FHLMC Pool 2.38% to 1.58%. New: FNMA (3.32%), FNMA (3.29%), GNMA (3.27%), FHLMC Pool (3.1%), GNMA (2.63%), FHLMC Pool (2%). Gone: FNMA (2.37%), FHLMC Pool (1.97%), FNMA (1.91%), FHLMC (1.34%), FNMA or FHLMC (0.95%), Towd Point Mortgage Trust (0.95%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 23 May 2024 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/47 positions became 83: 41 added (53.79% of the fund), 5 dropped (18.7%). Turnover proxy 59.6%. Largest increases: Morgan Stanley Institutional Liquidity Funds 1.01% to 3.9%; JPMorgan U.S. Government Money Market Fund 1.01% to 3.9%. Largest decreases: FNMA 5.6% to 2.75%; FNMA 4.78% to 2.37%; FNMA 4.56% to 2.22%; FNMA 3.84% to 1.9%; FNMA 3.71% to 1.79%; FNMA 3.7% to 1.8%. New: FNMA (3.18%), FNMA (2.86%), FHLMC Pool (2.38%), FNMA (2.37%), FNMA (2.37%), FNMA (2.04%). Gone: FHLMC Pool (5.16%), FNMA (4.71%), FNMA (4.62%), FNMA (2.83%), United States of America (1.38%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 22 Feb 2024 12:00:00 GMThttps://themulden.com/funds/dmbs/https://themulden.com/funds/dmbs/37 positions became 47: 13 added (16.79% of the fund), 3 dropped (8.45%). Turnover proxy 31.1%. Largest increases: FNMA 4.61% to 5.6%; FNMA 3.79% to 4.71%; FNMA 3.92% to 4.78%; FNMA 3.79% to 4.62%; FNMA 3.76% to 4.56%; FNMA 2.98% to 3.7%. Largest decreases: Morgan Stanley Institutional Liquidity Funds 12.2% to 1.01%; JPMorgan U.S. Government Money Market Fund 12.2% to 1.01%; FHLMC Pool 5.43% to 5.16%. New: FHLMC Pool (2.47%), FNMA (2.31%), FHLMC (2.2%), FNMA (2.04%), GNMA (1.47%), United States of America (1.38%). Gone: FHLMC Pool (3.18%), FNMA (2.65%), FNMA (2.62%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 22 Nov 2023 12:00:00 GMT