Crowding: 79% of book in names held by 3+ tracked funds · 10 of 20 names · Issuers are matched on normalised name (~10% measured error each way), so crowding and overlap figures are floors. How this is measured → · full readout →

Redemption pressure

below the elevated edge

Money leaving this fund each month, read off its own filed N-PORT flows — redemptions against the net assets they were redeemed out of, never annualised, so one heavy month reads as itself rather than multiplied by twelve.

0.0%

redeemed in Mar '26 · as of 2026-03-31

$0M redeemed

3-month (Σ monthly)

0.0%

$0M · rated 3/3 months

Outflow streak

consecutive months of net outflow

Months observed

since Oct '25

These flows are Form N-PORT, which only registered funds file — interval, tender-offer and closed-end funds. BDCs repurchase shares through a separate tender-offer mechanism that is not this form, so this section is absent on a BDC's page rather than reported as zero. 3.0%+ / 5.0%+ of net assets in a single month are the live elevated / high edges. every fund ranked by redemption pressure →

Source: AltsVault · SEC filings · as of 2026-03-31

Portfolio

38 positions as of 2026-03-31 · position-level holdings (SEC N-PORT).

✓ Reconciled — ties to the fund's reported total investments within 10% (91%).

38 holdings

Company	Fair value	Weight
Federal Farm Credit Bank	$10M	33.4%
Federal Farm Credit	$4M	11.3%
Federal Farm Credit Bank	$3M	9.9%
Federal Home Loan Bank	$2M	6.4%
Federal Farm Credit	$2M	6.4%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$1M	3.8%
State of Illinois	$1M	3.7%
Fannie Mae	$1M	3.2%
Federal Home Loan Bank	$1M	3.2%
Fannie Mae	$1M	2.1%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$1M	1.8%
R&G Non Conforming	$1M	1.7%
Part Cert 12/01/2031	$0M	1.6%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$0M	1.4%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$0M	1.3%
Fannie Mae	$0M	1.3%
Fannie Mae	$0M	1.3%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$0M	1.2%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$0M	0.9%
Government National Mortgage Association	$0M	0.6%
Freddie Mac	$0M	0.5%
Fannie Mae	$0M	0.5%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$0M	0.4%
Freddie Mac	$0M	0.3%
Fannie Mae	$0M	0.3%
Fannie Mae	$0M	0.2%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$0M	0.2%
R&G Non Conforming	$0M	0.2%
Government National Mortgage Association	$0M	0.2%
R&G Non Conforming	$0M	0.2%
Fannie Mae	$0M	0.1%
R&G Non Conforming	$0M	0.1%
Credit Suisse Mortgage Trust	$0M	0.1%
Fannie Mae	$0M	0.1%
Fannie Mae	$0M	0.1%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue	$0M	0.0%
Fannie Mae	$0M	0.0%
Freddie Mac	$0M	0.0%

Asset categories (by fair value)

DBT87.1%

ABS-MBS12.9%

Crowding: 79% of book in names held by 3+ funds · 16% sole-holder

10 names held by 3+ funds · 6 sole-holder · Issuers are matched on normalised name (~10% measured error each way), so crowding and overlap figures are floors. How this is measured →

Source: AltsVault · SEC filings

see which of these names are crowded →

US Mortgage-Backed & Income Fund for Puerto Rico Residents, Inc.

Redemption pressure

Portfolio

Metrics

Redemption pressure

Portfolio

Metrics