Each N-PORT filing of VCRB 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/vcrb/https://themulden.com/funds/vcrb/3,107 positions became 3,423: 665 added (31.49% of the fund), 349 dropped (26.31%). Turnover proxy 36.3%. Largest increases: United States Treasury Note/Bond 0.02% to 0.35%; United States Treasury Note/Bond 0.11% to 0.41%; United States Treasury Note/Bond 0.12% to 0.39%; United States Treasury Note/Bond 0.24% to 0.47%; United States Treasury Note/Bond 0.29% to 0.51%; United States Treasury Note/Bond 0.28% to 0.5%. Largest decreases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 1.44% to 0.29%; Agence Francaise de Developpement EPIC 0.35% to 0.03%; Central American Bank for Economic Integration 0.31% to 0.04%; United States Treasury Note/Bond 0.29% to 0.03%; Cyprus Government International Bond 0.31% to 0.2%; Abbott Laboratories 0.24% to 0.14%. New: Fannie Mae or Freddie Mac (2.23%), NVIDIA Corp (0.93%), NVIDIA Corp (0.72%), Fannie Mae or Freddie Mac (0.65%), Kreditanstalt fuer Wiederaufbau (0.58%), Fannie Mae REMICS (0.57%). Gone: Fannie Mae or Freddie Mac (1.72%), Ginnie Mae II Pool (1.48%), Fannie Mae or Freddie Mac (1.31%), Fannie Mae or Freddie Mac (1.3%), United States Treasury Note/Bond (0.87%), Fannie Mae or Freddie Mac (0.87%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Aug 2026 12:00:00 GMThttps://themulden.com/funds/vcrb/https://themulden.com/funds/vcrb/2,715 positions became 3,107: 737 added (37.23% of the fund), 345 dropped (18.11%). Turnover proxy 41.3%. Largest increases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 0.81% to 1.44%; Foundry JV Holdco LLC 0.13% to 0.28%; United States Treasury Note/Bond 0.02% to 0.16%; United States Treasury Note/Bond 0.22% to 0.35%; Freddie Mac Pool 0.02% to 0.15%; N/A 0.07% to 0.19%. Largest decreases: United States Treasury Note/Bond 1.49% to 0.66%; United States Treasury Note/Bond 1.04% to 0.56%; United States Treasury Note/Bond 0.56% to 0.19%; United States Treasury Note/Bond 1.23% to 0.87%; PMT Loan Trust 2025-INV11 0.48% to 0.21%; United States Treasury Note/Bond 0.32% to 0.11%. New: Fannie Mae or Freddie Mac (1.72%), Ginnie Mae II Pool (1.48%), Fannie Mae or Freddie Mac (1.31%), Fannie Mae or Freddie Mac (1.3%), United States Treasury Note/Bond (1.05%), Fannie Mae or Freddie Mac (0.87%). Gone: Fannie Mae or Freddie Mac (0.99%), Fannie Mae or Freddie Mac (0.91%), United States Treasury Note/Bond (0.79%), United States Treasury Note/Bond (0.77%), United States Treasury Note/Bond (0.58%), United States Treasury Note/Bond (0.51%). 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/vcrb/https://themulden.com/funds/vcrb/2,598 positions became 2,715: 531 added (27.9% of the fund), 414 dropped (18.9%). Turnover proxy 34.2%. Largest increases: United States Treasury Note/Bond 0.57% to 1.49%; United States Treasury Note/Bond 0.63% to 1.04%; Dominican Republic International Bond 0.01% to 0.27%; United States Treasury Note/Bond 0.28% to 0.51%; United States Treasury Note/Bond 0.29% to 0.51%; United States Treasury Note/Bond 0.06% to 0.26%. Largest decreases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 1.92% to 0.81%; Fannie Mae-Aces 0.67% to 0.25%; Freddie Mac Multifamily Structured Pass Through Certificates 0.44% to 0.1%; United States Treasury Note/Bond 0.2% to 0%; Fannie Mae-Aces 0.34% to 0.15%; Broadcom Inc 0.18% to 0.02%. New: United States Treasury Note/Bond (1.23%), Fannie Mae or Freddie Mac (0.99%), Fannie Mae or Freddie Mac (0.91%), United States Treasury Note/Bond (0.77%), United States Treasury Note/Bond (0.67%), United States Treasury Note/Bond (0.56%). Gone: Fannie Mae or Freddie Mac (1.39%), United States Treasury Note/Bond (0.97%), Fannie Mae or Freddie Mac (0.93%), United States Treasury Note/Bond (0.68%), United States Treasury Note/Bond (0.51%), United States Treasury Note/Bond (0.5%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 26 Feb 2026 12:00:00 GMThttps://themulden.com/funds/vcrb/https://themulden.com/funds/vcrb/2,218 positions became 2,598: 635 added (33.89% of the fund), 255 dropped (22.08%). Turnover proxy 40.1%. Largest increases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 0.89% to 1.92%; United States Treasury Note/Bond 0.11% to 0.6%; United States Treasury Note/Bond 0.16% to 0.5%; United States Treasury Note/Bond 0.13% to 0.42%; United States Treasury Note/Bond 0.15% to 0.43%; United States Treasury Note/Bond 0.07% to 0.25%. Largest decreases: United States Treasury Note/Bond 0.8% to 0.12%; Tennessee Valley Authority 0.73% to 0.15%; United States Treasury Note/Bond 0.6% to 0.26%; PMT Loan Trust 0.66% to 0.33%; United States Treasury Note/Bond 0.4% to 0.2%; United Kingdom Gilt 0.37% to 0.19%. New: Fannie Mae or Freddie Mac (1.39%), United States Treasury Note/Bond (0.97%), United States Treasury Note/Bond (0.93%), Fannie Mae or Freddie Mac (0.93%), United States Treasury Note/Bond (0.68%), Fannie Mae-Aces (0.67%). Gone: Fannie Mae or Freddie Mac (1.63%), United States Treasury Note/Bond (1.29%), United States Treasury Note/Bond (0.75%), Fannie Mae or Freddie Mac (0.74%), United States Treasury Note/Bond (0.73%), United States Treasury Note/Bond (0.7%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 25 Nov 2025 12:00:00 GMThttps://themulden.com/funds/vcrb/https://themulden.com/funds/vcrb/1,873 positions became 2,218: 539 added (31.38% of the fund), 194 dropped (22.15%). Turnover proxy 38.9%. Largest increases: United States Treasury Note/Bond 0.06% to 0.75%; United States Treasury Note/Bond 0.71% to 1.29%; United States Treasury Note/Bond 0.01% to 0.41%; United States Treasury Note/Bond 0.19% to 0.55%; United States Treasury Note/Bond 0.07% to 0.36%; United States Treasury Note/Bond 0.21% to 0.46%. Largest decreases: United States Treasury Note/Bond 0.54% to 0.03%; United States Treasury Note/Bond 0.55% to 0.06%; United States Treasury Note/Bond 0.82% to 0.36%; United States Treasury Note/Bond 0.57% to 0.14%; United States Treasury Note/Bond 0.46% to 0.03%; United States Treasury Note/Bond 0.64% to 0.28%. New: Fannie Mae or Freddie Mac (1.63%), Fannie Mae or Freddie Mac (0.74%), Tennessee Valley Authority (0.73%), United States Treasury Note/Bond (0.7%), Fannie Mae or Freddie Mac (0.69%), PMT Loan Trust (0.66%). Gone: United States Treasury Note/Bond (1.88%), Fannie Mae or Freddie Mac (1.44%), United States Treasury Note/Bond (1.28%), United States Treasury Note/Bond (0.98%), United States Treasury Note/Bond (0.79%), Fannie Mae or Freddie Mac (0.76%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 27 Aug 2025 12:00:00 GMThttps://themulden.com/funds/vcrb/https://themulden.com/funds/vcrb/1,590 positions became 1,873: 550 added (44.38% of the fund), 267 dropped (29.74%). Turnover proxy 55.6%. Largest increases: United States Treasury Note/Bond 0.16% to 1.88%; United States Treasury Note/Bond 0.12% to 0.72%; United States Treasury Note/Bond 0.04% to 0.54%; United States Treasury Note/Bond 0.13% to 0.53%; United States Treasury Note/Bond 0.17% to 0.54%; United States Treasury Note/Bond 0.28% to 0.65%. Largest decreases: United States Treasury Note/Bond 0.6% to 0.03%; Freddie Mac Pool 1.25% to 0.73%; Ginnie Mae II Pool 0.78% to 0.44%; Fannie Mae Pool 0.76% to 0.44%; Freddie Mac Pool 0.71% to 0.41%; Fannie Mae Pool 0.71% to 0.41%. New: Fannie Mae or Freddie Mac (1.44%), United States Treasury Note/Bond (1.28%), United States Treasury Note/Bond (0.98%), United States Treasury Note/Bond (0.82%), United States Treasury Note/Bond (0.8%), Fannie Mae or Freddie Mac (0.76%). Gone: United States Treasury Note/Bond (3.84%), Fannie Mae or Freddie Mac (1.93%), United States Treasury Note/Bond (1.66%), European Union (1.2%), United States Treasury Note/Bond (0.87%), Fannie Mae or Freddie Mac (0.86%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 28 May 2025 12:00:00 GMThttps://themulden.com/funds/vcrb/https://themulden.com/funds/vcrb/1,351 positions became 1,590: 482 added (35.55% of the fund), 243 dropped (33.34%). Turnover proxy 50.9%. Largest increases: United States Treasury Note/Bond 0.12% to 3.84%; United States Treasury Note/Bond 0.05% to 1.12%; United States Treasury Note/Bond 0.27% to 0.87%; Ginnie Mae II Pool 0.24% to 0.78%; United States Treasury Note/Bond 0.07% to 0.51%; United States Treasury Note/Bond 0.24% to 0.54%. Largest decreases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 2.8% to 1.04%; United States Treasury Note/Bond 1.89% to 0.32%; United States Treasury Note/Bond 1.21% to 0.13%; United States Treasury Note/Bond 0.68% to 0.06%; United States Treasury Note/Bond 0.66% to 0.05%; Hewlett Packard Enterprise Co 0.66% to 0.14%. New: Fannie Mae or Freddie Mac (1.93%), United States Treasury Note/Bond (1.66%), Fannie Mae or Freddie Mac (0.86%), United States Treasury Note/Bond (0.85%), Fannie Mae or Freddie Mac (0.84%), International Development Association (0.74%). Gone: United States Treasury Bill (3.15%), United States Treasury Note/Bond (1.86%), United States Treasury Note/Bond (1.73%), Fannie Mae or Freddie Mac (1.69%), Fannie Mae or Freddie Mac (1.14%), United States Treasury Note/Bond (1.12%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 28 Feb 2025 12:00:00 GMThttps://themulden.com/funds/vcrb/https://themulden.com/funds/vcrb/795 positions became 1,351: 649 added (60.03% of the fund), 93 dropped (25.78%). Turnover proxy 67.8%. Largest increases: United States Treasury Note/Bond 0.31% to 1.73%; United States Treasury Note/Bond 0.11% to 1.21%; United States Treasury Note/Bond 0.16% to 0.96%; United States Treasury Note/Bond 0.04% to 0.63%; Oman Government International Bond 0.05% to 0.48%; United States Treasury Note/Bond 0.03% to 0.44%. Largest decreases: United States Treasury Note/Bond 1.94% to 0.62%; United States Treasury Note/Bond 1.7% to 0.4%; Fannie Mae Pool 1.55% to 0.5%; United States Treasury Note/Bond 1.53% to 0.48%; United States Treasury Note/Bond 1.13% to 0.21%; United States Treasury Note/Bond 1.24% to 0.4%. New: United States Treasury Bill (3.15%), United States Treasury Note/Bond (1.89%), United States Treasury Note/Bond (1.86%), Fannie Mae or Freddie Mac (1.69%), Freddie Mac Pool (1.56%), Fannie Mae or Freddie Mac (1.14%). Gone: United States Treasury Note/Bond (3.4%), Fannie Mae or Freddie Mac (1.54%), Fannie Mae or Freddie Mac (1.33%), United States Treasury Note/Bond (1.07%), Fannie Mae or Freddie Mac (1.02%), Fannie Mae or Freddie Mac (0.89%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 26 Nov 2024 12:00:00 GMThttps://themulden.com/funds/vcrb/https://themulden.com/funds/vcrb/517 positions became 795: 352 added (57.93% of the fund), 74 dropped (32.73%). Turnover proxy 68%. Largest increases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 1.19% to 3.08%; United States Treasury Note/Bond 0.51% to 1.7%; United States Treasury Note/Bond 0.28% to 1.24%; Fannie Mae Pool 0.29% to 1.15%; United States Treasury Note/Bond 0.32% to 0.87%; Indonesia Government International Bond 0.13% to 0.63%. Largest decreases: United States Treasury Note/Bond 1.52% to 0.27%; United States Treasury Note/Bond 1.15% to 0.28%; United States Treasury Note/Bond 1.24% to 0.46%; United States Treasury Note/Bond 1.06% to 0.3%; United States Treasury Note/Bond 0.95% to 0.23%; United States Treasury Note/Bond 1.14% to 0.43%. New: United States Treasury Note/Bond (3.4%), United States Treasury Note/Bond (1.94%), Fannie Mae Pool (1.55%), Fannie Mae or Freddie Mac (1.54%), United States Treasury Note/Bond (1.53%), Fannie Mae or Freddie Mac (1.33%). Gone: United States Treasury Note/Bond (4.43%), Fannie Mae or Freddie Mac (2.86%), Fannie Mae or Freddie Mac (2.12%), United States Treasury Note/Bond (1.73%), Fannie Mae or Freddie Mac (1.36%), Fannie Mae or Freddie Mac (1.33%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Tue, 27 Aug 2024 12:00:00 GMThttps://themulden.com/funds/vcrb/https://themulden.com/funds/vcrb/177 positions became 517: 362 added (72.23% of the fund), 22 dropped (15.88%). Turnover proxy 73.5%. Largest increases: Netflix Inc 0.49% to 0.9%; United States Treasury Note/Bond 0.78% to 1.14%; Mileage Plus Holdings LLC / Mileage Plus Intellectual Proper 0.61% to 0.82%; Boeing Co/The 0.09% to 0.16%; N/A 0.02% to 0.08%; Morgan Stanley 0.19% to 0.24%. Largest decreases: Vanguard Cmt Funds-Vanguard Market Liquidity Fund 16.23% to 1.19%; United States Treasury Note/Bond 5.54% to 1.73%; United States Treasury Note/Bond 2.93% to 0.32%; United States Treasury Note/Bond 2.91% to 0.97%; Ameren Corp 1.93% to 0.45%; United States Treasury Note/Bond 1.49% to 0.3%. New: United States Treasury Note/Bond (4.43%), Fannie Mae or Freddie Mac (2.86%), Fannie Mae or Freddie Mac (2.12%), United States Treasury Note/Bond (1.52%), Fannie Mae or Freddie Mac (1.36%), Fannie Mae or Freddie Mac (1.33%). Gone: Fannie Mae or Freddie Mac (3.43%), Fannie Mae or Freddie Mac (1.51%), Ginnie Mae II Pool (1.46%), Ginnie Mae II Pool (1.3%), Fannie Mae or Freddie Mac (1.18%), Fannie Mae or Freddie Mac (0.91%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 29 May 2024 12:00:00 GMT