Advisors' Inner Circle Fund III
Penn Mutual AM Strategic Income Fund
$114.46M
Avg Monthly Net Assets
$124.97M
Total Assets
$396K
Total Liabilities
$124.58M
Net Assets
Penn Mutual AM Strategic Income Fund is a Mutual Fund in Advisors' Inner Circle Fund III
,
based in Pennsylvania,
United States of America.
The fund has one share class
and monthly net assets of $114.46M.
On August 29th, 2024 it reported 86 holdings, the largest
being Freddie Mac (3.2%), Government National Mortgage Association (3.0%) and FREMF MORTGAGE TRUST (3.0%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| I Shares | C000200669 | PMUBX |
Holdings
From latest NPORT-P, filed August 29th, 2024 for period ending June 30th, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| ABERCROMBIE & FITCH MANAGEMENT CO 144A 8.750000% 07/15/2025 (ABERCROMBIE & FITCH MANAGEMENT CO.) | Long | Debt | US | $500K | – | 0.40 |
| AERCAP HOLDINGS NV 5.875000% 10/10/2079 (AerCap Holdings N.V.) | Long | Debt | IE | $2M | – | 1.60 |
| AMERICAN AIRLINES 2021-1 CLASS B PASS THROUGH TRUS 3.950000% 07/11/2030 (American Airlines Pass Through Trust 2021-1B) | Long | Debt | US | $2M | – | 1.28 |
| ASHTEAD CAPITAL INC 144A 5.500000% 08/11/2032 (ASHTEAD CAPITAL, INC.) | Long | Debt | GB | $2M | – | 1.57 |
| BARINGS CLO LTD 2017-I BABSN 2017-1A C | Long | ABS-collateralized bond/debt obligation | KY | $2M | – | 1.28 |
| BBCMS MORTGAGE TRUST 2024-5C25 BBCMS 2024-5C25 C (BBCMS TRUST) | Long | ABS-mortgage backed security | US | $998K | – | 0.80 |
| BBCMS MORTGAGE TRUST 2024-C24 BBCMS 2024-C24 D (BBCMS TRUST) | Long | ABS-mortgage backed security | US | $454K | – | 0.36 |
| BMO 2024-5C3 MORTGAGE TRUST BMO 2024-5C3 C (BMO MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $1M | – | 1.09 |
| BNSF FUNDING TRUST I 6.613000% 12/15/2055 | Long | Debt | US | $1M | – | 1.20 |
| BOEING CO/THE 3.250000% 02/01/2035 (THE BOEING COMPANY) | Long | Debt | US | $993K | – | 0.80 |
| BROWN BROTHERS HARRIMAN SWEEP INTEREST | Long | Short-term investment vehicle | US | $14K | – | 0.01 |
| BSPRT 2021-FL6 ISSUER LTD BSPRT 2021-FL6 B (BSPRT ISSUER, LTD.) | Long | ABS-collateralized bond/debt obligation | KY | $1M | – | 1.17 |
| BUNKER HILL LOAN DEPOSITARY TRUST 2019-3 BHLD 2019-3 M1 | Long | ABS-mortgage backed security | US | $1M | – | 0.86 |
| CANYON CAPITAL CLO 2016-1 LTD CANYC 2016-1A CR (CANYON CLO LTD) | Long | ABS-collateralized bond/debt obligation | KY | $999K | – | 0.80 |
| CARLYLE US CLO 2017-4 LTD CGMS 2017-4A B (CARLYLE US CLO LTD) | Long | ABS-collateralized bond/debt obligation | KY | $998K | – | 0.80 |
| CENTENE CORP 4.625000% 12/15/2029 (CENTENE CORPORATION) | Long | Debt | US | $2M | – | 1.90 |
| CHESAPEAKE ENERGY CORP 144A 5.875000% 02/01/2029 (CHESAPEAKE ENERGY CORPORATION) | Long | Debt | US | $1M | – | 1.19 |
| CONCENTRIX CORP 6.650000% 08/02/2026 (CONCENTRIX CORPORATION) | Long | Debt | US | $1M | – | 0.81 |
| CONNECT FINCO SARL / CONNECT US FINCO LLC 144A 6.750000% 10/01/2026 | Long | Debt | GB | $965K | – | 0.77 |
| CRESTLINE DENALI CLO XVI LTD DEN16 2018-1A A (CRESTLINE DENALI CLO LTD) | Long | ABS-collateralized bond/debt obligation | KY | $1M | – | 1.09 |
| DELTA AIR LINES INC / SKYMILES IP LTD 144A 4.500000% 10/20/2025 (SkyMiles IP Ltd.) | Long | Debt | US | $272.66 | – | 0.00 |
| DOMINION ENERGY INC 6.875000% 02/01/2055 (Dominion Energy, Inc.) | Long | Debt | US | $2M | – | 1.64 |
| DUKE ENERGY CAROLINAS LLC 2.850000% 03/15/2032 (Duke Energy Carolinas, LLC) | Long | Debt | US | $1M | – | 0.86 |
| ECMC GROUP STUDENT LOAN TRUST ECMC 2019-1A A1A | Long | ABS-mortgage backed security | US | $1M | – | 0.92 |
| ENERGY TRANSFER LP 6.500000% MATURITY: PERPETUAL | Long | Debt | US | $2M | – | 1.58 |
| EXETER AUTOMOBILE RECEIVABLES TRUST 2022-1 EART 2022-1A D | Long | ABS-mortgage backed security | US | $553K | – | 0.44 |
| FEDERAL FARM CREDIT BANK 6.080000% 04/28/2033 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $2M | – | 2.01 |
| FIRST MARYLAND CAPITAL II VARIABLE RATE 02/01/2027 | Long | Debt | US | $2M | – | 1.82 |
| FIRST QUANTUM MINERALS LTD 144A 9.375000% 03/01/2029 (FIRST QUANTUM MINERALS LTD.) | Long | Debt | ZM | $1M | – | 0.84 |
| FORD MOTOR CREDIT CO LLC 4.950000% 05/28/2027 (FORD MOTOR CREDIT COMPANY LLC) | Long | Debt | US | $976K | – | 0.78 |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K043 X3 | Long | Debt | US | $167K | – | 0.13 |
| FREDDIE MAC POOL FR QG2979 | Long | Debt | US | $4M | – | 3.22 |
| FREDDIE MAC POOL FR SD8349 | Long | Debt | US | $2M | – | 1.85 |
| FREDDIE MAC REMICS FHR 4609 QV | Long | Debt | US | $3M | – | 2.71 |
| FREMF 2014-K41 MORTGAGE TRUST FREMF 2014-K41 B (FREMF MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $2M | – | 1.38 |
| FREMF 2015-K47 MORTGAGE TRUST FREMF 2015-K47 C (FREMF MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $3M | – | 2.36 |
| FREMF 2016-K53 MORTGAGE TRUST FREMF 2016-K53 B (FREMF MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $1M | – | 0.98 |
| FREMF 2017-K056 MORTGAGE TRUST FREMF 2017-K65 B (FREMF MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $3M | – | 2.04 |
| FREMF 2017-K69 MORTGAGE TRUST FREMF 2017-K69 B (FREMF MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $4M | – | 2.96 |
| FREMF 2017-K728 MORTGAGE TRUST FREMF 2017-K728 C (FREMF MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $1M | – | 1.19 |
| FREMF 2017-K729 MORTGAGE TRUST FREMF 2017-K729 B (FREMF MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $988K | – | 0.79 |
| GAP INC/THE 144A 3.875000% 10/01/2031 (THE GAP, INC.) | Long | Debt | US | $835K | – | 0.67 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2013-11 LP | Long | Debt | US | $4M | – | 2.96 |
| GRAHAM HOLDINGS CO 144A 5.750000% 06/01/2026 (GRAHAM HOLDINGS COMPANY) | Long | Debt | US | $992K | – | 0.80 |
| HEALTH CARE SERVICE CORP A MUTUAL LEGAL RESERVE CO 2.200000% 06/01/2030 (HEALTH CARE SERVICE CORP MUT LEG RES CO) | Long | Debt | US | $2M | – | 1.36 |
| IONIS PHARMACEUTICALS INC 0.125000% 12/15/2024 (IONIS PHARMACEUTICALS, INC.) | Long | Debt | US | $1M | – | 1.10 |
| JP MORGAN MORTGAGE TRUST 2017-1 JPMMT 2017-1 A11 (J.P. MORGAN MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $503K | – | 0.40 |
| MAJORDRIVE HOLDINGS IV LLC 144A 6.375000% 06/01/2029 (MAJORDRIVE HOLDINGS IV, LLC) | Long | Debt | US | $1M | – | 1.13 |
| MAUSER PACKAGING SOLUTIONS HOLDING CO 144A 7.875000% 08/15/2026 (MAUSER PACKAGING SOLUTIONS HOLDING COMPANY) | Long | Debt | US | $1M | – | 0.80 |
| MERCK & CO INC 3.900000% 03/07/2039 (MERCK & CO., INC.) | Long | Debt | US | $2M | – | 1.32 |
| MORGAN STANLEY CAPITAL I TRUST 2015-MS1 MSC 2015-MS1 A4 | Long | ABS-mortgage backed security | US | $978K | – | 0.78 |
| NAVIENT PRIVATE EDUCATION LOAN TRUST 2014-A NAVSL 2014-AA A3 | Long | ABS-mortgage backed security | US | $1M | – | 1.12 |
| NAVIENT PRIVATE EDUCATION LOAN TRUST 2015-A NAVSL 2015-AA A3 | Long | ABS-mortgage backed security | US | $1M | – | 0.85 |
| NAVIENT PRIVATE EDUCATION LOAN TRUST 2015-B NAVSL 2015-BA A3 | Long | ABS-mortgage backed security | US | $2M | – | 1.43 |
| NELNET STUDENT LOAN TRUST 2004-4 NSLT 2004-4 B (NELNET STUDENT LOAN CORPORATION) | Long | ABS-mortgage backed security | US | $2M | – | 1.81 |
| NEW YORK LIFE GLOBAL FUNDING MTN 4.550000% 01/28/2033 | Long | Debt | US | $2M | – | 1.34 |
| NEWELL BRANDS INC 5.700000% 04/01/2026 (NEWELL BRANDS INC.) | Long | Debt | US | $1M | – | 1.19 |
| PARAMOUNT GLOBAL 2.900000% 01/15/2027 | Long | Debt | US | $2M | – | 1.48 |
| PARK AVENUE INSTITUTIONAL ADVISERS CLO LTD 2018-1 PAIA 2018-1A BR | Long | ABS-collateralized bond/debt obligation | KY | $997K | – | 0.80 |
| PNC FINANCIAL SERVICES GROUP INC/THE 5.582000% 06/12/2029 (THE PNC FINANCIAL SERVICES GROUP, INC.) | Long | Debt | US | $1M | – | 0.81 |
| PRAIRIE ACQUIROR LP 8/1/2029 | Long | Loan | US | $1M | – | 1.20 |
| PRESTIGE AUTO RECEIVABLES TRUST 2021-1 PART 2021-1A C | Long | ABS-mortgage backed security | US | $970K | – | 0.78 |
| SEQUOIA MORTGAGE TRUST 2017-5 SEMT 2017-5 A1 | Long | ABS-mortgage backed security | US | $2M | – | 1.20 |
| SEQUOIA MORTGAGE TRUST 2021-5 SEMT 2021-5 A5 | Long | ABS-mortgage backed security | US | $2M | – | 1.45 |
| SLM STUDENT LOAN TRUST 2014-2 SLMA 2014-2 A3 | Long | ABS-mortgage backed security | US | $950K | – | 0.76 |
| SMB PRIVATE EDUCATION LOAN TRUST 2015-C SMB 2015-C B | Long | ABS-mortgage backed security | US | $2M | – | 1.64 |
| SMB PRIVATE EDUCATION LOAN TRUST 2016-B SMB 2016-B A2B | Long | ABS-mortgage backed security | US | $320K | – | 0.26 |
| STATE STREET CORP VARIABLE RATE 05/15/2028 (STATE STREET CORPORATION) | Long | Debt | US | $3M | – | 2.08 |
| Synchronoss Technologies Inc PREFERRED STOCK (SYNCHRONOSS TECHNOLOGIES, INC.) | Long | Equity-preferred | US | $549K | 25K | 0.44 |
| THUNDERBOLT AIRCRAFT LEASE LTD TBOLT 2017-A B (THUNDERBOLT AIRCRAFT LEASE LIMITED) | Long | ABS-mortgage backed security | KY | $978K | – | 0.79 |
| TOWD POINT MORTGAGE TRUST 2018-2 TPMT 2018-2 A1 | Long | ABS-mortgage backed security | US | $1M | – | 0.90 |
| TREASURY BILL 0.000000% 11/29/2024 (United States of America) | Long | Debt | US | $1M | – | 0.98 |
| TRIVIUM PACKAGING FINANCE BV 144A 5.500000% 08/15/2026 (Trivium Packaging Finance B.V.) | Long | Debt | NL | $1M | – | 0.94 |
| U.S. TREASURY INFLATION-PROTECTED SECURITIES 1.375 07/15/33 (United States of America) | Long | Debt | US | $2M | – | 1.88 |
| UNITED AIRLINES 2020-1 CLASS B PASS THROUGH TRUST 4.875000% 01/15/2026 (UNITED AIRLINES PASS THROUGH TRUST 2020-1) | Long | Debt | US | $991K | – | 0.80 |
| UNIV OF TEXAS TX PERMANENT UNI PERMANENT UNIVERSITY FUND - UNIVERSITY OF TEXAS SY (UNIVERSITY TEX PERM UNIV FD) | Long | Debt | US | $3M | – | 2.22 |
| US 5YR NOTE (CBT) SEP24 FINANCIAL COMMODITY FUTURE. (United States of America) | Derivative-interest rate | US | $-1M | – | -1.11 | |
| US TREASURY N/B 1.750000% 01/31/2029 (United States of America) | Long | Structured note | US | $2M | – | 1.57 |
| US TREASURY N/B 4.125000% 01/31/2025 (United States of America) | Long | Structured note | US | $2M | – | 1.79 |
| US ULTRA BOND CBT SEP24 FINANCIAL COMMODITY FUTURE. (United States of America) | Derivative-interest rate | US | $-5M | – | -4.02 | |
| VERUS SECURITIZATION TRUST 2020-2 VERUS 2020-2 A2 | Long | ABS-mortgage backed security | US | $2M | – | 1.28 |
| VERUS SECURITIZATION TRUST 2024-1 VERUS 2024-1 A1 | Long | ABS-mortgage backed security | US | $2M | – | 1.53 |
| VISTRA CORP 144A 8.000000% MATURITY: PERPETUAL (VISTRA CORP.) | Long | Debt | US | $2M | – | 1.21 |
| WELLS FARGO & CO 5.875000% MATURITY: PERPETUAL (WELLS FARGO & COMPANY) | Long | Debt | US | $995K | – | 0.80 |
| WELLS FARGO FUTURES COLLATERAL | Long | Short-term investment vehicle | US | $237K | – | 0.19 |
| WELLS FARGO SWAPS COLLATERAL | Long | Short-term investment vehicle | US | $1.26 | – | 0.00 |
Address
Advisors' Inner Circle Fund III
ONE FREEDOM VALLEY DRIVE
OAKS
Pennsylvania
19456
United States of America
Websites
Directors
Randall S. Yanker
Jay Nadel
Jon C. Hunt
Nichelle Maynard-Elliot
Thomas P. Lemke
William M. Doran
Transfer Agents
DST Systems, Inc.
Pricing Services
Intercontinental Exchange, Inc.
Pricing Direct
IHS Markit
Thomson Reuters Corporation
S&P
Bloomberg
Custodians
Brown Brothers Harriman & Co.
Shareholder Servicing Agents
SEI Investments Distribution Co.
Admins
SEI Investments Global Funds Services
Brokers
N/A