ADVISORS' INNER CIRCLE FUND III
First Foundation Fixed Income Fund
$130.70M
Avg Monthly Net Assets
$84.71M
Total Assets
$437K
Total Liabilities
$84.27M
Net Assets
First Foundation Fixed Income Fund is a Mutual Fund in ADVISORS' INNER CIRCLE FUND III
,
based in Pennsylvania,
United States of America.
The fund has two share classes
and monthly net assets of $130.70M.
On August 28th, 2024 it reported 128 holdings, the largest
being United States of America (4.3%), Government National Mortgage Association (3.5%) and SOUTHWEST AIRLINES CO. (2.5%).
Data provided by Fincoded.
Share Classes
| Name | Class/Contract ID | Ticker | Monthly Returns (2 years) |
|---|---|---|---|
| Class A | C000223440 | FFBAX | |
| Class Y | C000223439 | FFBYX |
Holdings
From latest NPORT-P, filed August 28th, 2024 for period ending June 30th, 2024.
Historic holdings data available from Fincoded.
| Name | Profile | Category | Country | Value $USD | # Shares | % of Fund |
|---|---|---|---|---|---|---|
| ARBOR REALTY TRUST INC 4.500000% 03/15/2027 | Long | Debt | US | $1M | – | 1.74 |
| Arbor Realty Trust Inc PREFERRED STOCK (ARBOR REALTY TRUST, INC.) | Long | Equity-preferred | US | $210K | 11K | 0.25 |
| BNSF FUNDING TRUST I 6.613000% 12/15/2055 | Long | Debt | US | $749K | – | 0.89 |
| BP CAPITAL MARKETS PLC 4.875000% MATURITY: PERPETUAL (BP CAPITAL MARKETS P.L.C.) | Long | Debt | US | $943K | – | 1.12 |
| CHARLES SCHWAB CORP/THE 4.000000% MATURITY: PERPETUAL (THE CHARLES SCHWAB CORPORATION) | Long | Debt | US | $427K | – | 0.51 |
| COMSTOCK PARK MI PUBLIC SCHS COMSTOCK PARK PUBLIC SCHOOLS (COMSTOCK PARK MICH PUB SCHS PLAINFIELD) | Long | Debt | US | $135K | – | 0.16 |
| CREATIVE MEDIA & COMMUNITY T REIT (CREATIVE MEDIA & COMMUNITY TRUST CORPORATION.) | Long | Equity-common | US | $179K | 67K | 0.21 |
| CTO Realty Growth Inc PREFERRED STOCK (CTO REALTY GROWTH, INC.) | Long | Equity-preferred | US | $696K | 35K | 0.83 |
| CVS PASS-THROUGH TRUST 6.036000% 12/10/2028 (CVS LEASE BACKED PASS THROUGH SERIES TRUST) | Long | Debt | US | $34K | – | 0.04 |
| DOMINION ENERGY INC 6.300000% 03/15/2033 (Dominion Energy, Inc.) | Long | Debt | US | $259K | – | 0.31 |
| DOUBLELINE INCOME SOLUTIONS MUTUAL FUND (DoubleLine Income Solutions Fund) | Long | Equity-common | US | $115K | 9K | 0.14 |
| DOUBLELINE OPPORT CREDIT MUTUAL FUND (Doubleline Opportunistic Credit Fund) | Long | Equity-common | US | $5K | 295 | 0.01 |
| DOW CHEMICAL CO/THE 5.600000% 02/15/2054 (THE DOW CHEMICAL COMPANY) | Long | Debt | US | $961K | – | 1.14 |
| EDISON INTERNATIONAL 5.375000% MATURITY: PERPETUAL | Long | Debt | US | $2M | – | 2.46 |
| ENBRIDGE INC 8.500000% 01/15/2084 (Enbridge Inc.) | Long | Debt | CA | $1M | – | 1.60 |
| ENDO FINANCE LLC / ENDO FINCO INC 144A 5.375000% 01/15/2023 | Long | Debt | US | $0.02 | – | 0.00 |
| EVEREST REINSURANCE HOLDINGS INC VARIABLE RATE 05/15/2037 (EVEREST REINSURANCE HOLDINGS, INC.) | Long | Debt | US | $975K | – | 1.16 |
| FANNIE MAE POOL FN AB6858 (Federal National Mortgage Association) | Long | Debt | US | $253K | – | 0.30 |
| FANNIE MAE POOL FN AB7964 (Federal National Mortgage Association) | Long | Debt | US | $293K | – | 0.35 |
| FANNIE MAE POOL FN AB9550 (Federal National Mortgage Association) | Long | Debt | US | $525K | – | 0.62 |
| FANNIE MAE POOL FN AC5400 (Federal National Mortgage Association) | Long | Debt | US | $22K | – | 0.03 |
| FANNIE MAE POOL FN AE3049 (Federal National Mortgage Association) | Long | Debt | US | $333K | – | 0.39 |
| FANNIE MAE POOL FN AE7731 (Federal National Mortgage Association) | Long | Debt | US | $50K | – | 0.06 |
| FANNIE MAE POOL FN AH3394 (Federal National Mortgage Association) | Long | Debt | US | $33K | – | 0.04 |
| FANNIE MAE POOL FN AH3401 (Federal National Mortgage Association) | Long | Debt | US | $67K | – | 0.08 |
| FANNIE MAE POOL FN AH7284 (Federal National Mortgage Association) | Long | Debt | US | $47K | – | 0.06 |
| FANNIE MAE POOL FN AI4818 (Federal National Mortgage Association) | Long | Debt | US | $69K | – | 0.08 |
| FANNIE MAE POOL FN AL0065 (Federal National Mortgage Association) | Long | Debt | US | $72K | – | 0.08 |
| FANNIE MAE POOL FN AR6834 (Federal National Mortgage Association) | Long | Debt | US | $225K | – | 0.27 |
| FANNIE MAE POOL FN AS1770 (Federal National Mortgage Association) | Long | Debt | US | $134K | – | 0.16 |
| FANNIE MAE POOL FN AS2009 (Federal National Mortgage Association) | Long | Debt | US | $200K | – | 0.24 |
| FANNIE MAE POOL FN AT2721 (Federal National Mortgage Association) | Long | Debt | US | $456K | – | 0.54 |
| FANNIE MAE REMICS FNR 2010-16 PA (Federal National Mortgage Association) | Long | Debt | US | $17K | – | 0.02 |
| FANNIE MAE REMICS FNR 2012-98 WZ (Federal National Mortgage Association) | Long | Debt | US | $2M | – | 2.36 |
| FANNIE MAE REMICS FNR 2015-45 ZY (Federal National Mortgage Association) | Long | Debt | US | $1M | – | 1.20 |
| FANNIE MAE REMICS FNR 2016-104 QA (Federal National Mortgage Association) | Long | Debt | US | $4K | – | 0.00 |
| FANNIE MAE REMICS FNR 2023-70 B (Federal National Mortgage Association) | Long | Debt | US | $935K | – | 1.11 |
| FANNIE MAE-ACES FNA 2019-M12 A2 (Federal National Mortgage Association) | Long | Debt | US | $1M | – | 1.60 |
| FANNIE MAE-ACES FNA 2021-M3 X1 (Federal National Mortgage Association) | Long | Debt | US | $688K | – | 0.82 |
| FEDERAL FARM CREDIT BANK 1.875000% 02/11/2036 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $729K | – | 0.86 |
| FEDERAL FARM CREDIT BANK 2.710000% 12/01/2036 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $309K | – | 0.37 |
| FEDERAL FARM CREDIT BANK 2.740000% 04/01/2041 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $369K | – | 0.44 |
| FEDERAL FARM CREDIT BANK 4.000000% 04/19/2032 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $425K | – | 0.50 |
| FEDERAL FARM CREDIT BANK 4.550000% 02/17/2033 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $960K | – | 1.14 |
| FEDERAL FARM CREDIT BANK 4.700000% 08/16/2032 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $169K | – | 0.20 |
| FEDERAL FARM CREDIT BANK 5.370000% 04/19/2033 (FEDERAL FARM CREDIT BANKS FUNDING CORPORATION) | Long | Debt | US | $740K | – | 0.88 |
| FEDERAL HOME LOAN BANK 2.000000% 02/25/2036 (THE FEDERAL HOME LOAN BANKS) | Long | Debt | US | $736K | – | 0.87 |
| FEDERAL HOME LOAN BANK 3.000000% 02/24/2037 (THE FEDERAL HOME LOAN BANKS) | Long | Debt | US | $413K | – | 0.49 |
| FEDERAL HOME LOAN BANK 5.000000% 02/08/2029 (THE FEDERAL HOME LOAN BANKS) | Long | Debt | US | $501K | – | 0.59 |
| FEDERAL HOME LOAN BANK 5.700000% 03/25/2044 (THE FEDERAL HOME LOAN BANKS) | Long | Debt | US | $250K | – | 0.30 |
| FEDERAL HOME LOAN BANK 5.780000% 03/13/2034 (THE FEDERAL HOME LOAN BANKS) | Long | Debt | US | $500K | – | 0.59 |
| FEDERAL HOME LOAN BANK 5.970000% 01/26/2039 (THE FEDERAL HOME LOAN BANKS) | Long | Debt | US | $447K | – | 0.53 |
| FEDERAL HOME LOAN BANK 6.000000% 08/16/2033 (THE FEDERAL HOME LOAN BANKS) | Long | Debt | US | $2M | – | 2.01 |
| FEDERAL HOME LOAN MORTGAGE CORP MTN 1.540000% 08/17/2035 (Freddie Mac) | Long | Debt | US | $2M | – | 2.11 |
| FEDERAL HOME LOAN MORTGAGE CORP MTN 2.000000% 10/29/2040 (Freddie Mac) | Long | Debt | US | $655K | – | 0.78 |
| FREDDIE MAC GOLD POOL FG Q01533 | Long | Debt | US | $60K | – | 0.07 |
| FREDDIE MAC GOLD POOL FG Q26366 | Long | Debt | US | $299K | – | 0.35 |
| FREDDIE MAC MULTIFAMILY STRUCTURED PASS THROUGH CE FHMS K735 AM | Long | Debt | US | $2M | – | 2.25 |
| FREDDIE MAC REMICS FHR 5253 PL | Long | Debt | US | $2M | – | 2.06 |
| FRESB 2017-SB42 MORTGAGE TRUST FRESB 2017-SB42 A10F (FRESB MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $768K | – | 0.91 |
| FRESB 2018-SB52 MORTGAGE TRUST FRESB 2018-SB52 A10F (FRESB MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $2M | – | 2.03 |
| FRESB 2018-SB53 MORTGAGE TRUST FRESB 2018-SB53 A10F (FRESB MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $1M | – | 1.45 |
| FRESB 2019-SB60 MORTGAGE TRUST FRESB 2019-SB60 A10F (FRESB MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $587K | – | 0.70 |
| FRESB 2019-SB62 MORTGAGE TRUST FRESB 2019-SB62 A10F (FRESB MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $1M | – | 1.42 |
| FRESB 2019-SB63 MORTGAGE TRUST FRESB 2019-SB63 A10H (FRESB MORTGAGE TRUST) | Long | ABS-mortgage backed security | US | $462K | – | 0.55 |
| GINNIE MAE II POOL G2 4922 (Government National Mortgage Association 2) | Long | Debt | US | $283K | – | 0.34 |
| GINNIE MAE II POOL G2 CD1323 (Government National Mortgage Association 2) | Long | Debt | US | $504K | – | 0.60 |
| GINNIE MAE II POOL G2 MA0935 (Government National Mortgage Association 2) | Long | Debt | US | $67K | – | 0.08 |
| GINNIE MAE II POOL G2 MA1012 (Government National Mortgage Association 2) | Long | Debt | US | $359K | – | 0.43 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2012-100 BA | Long | Debt | US | $2M | – | 2.44 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2012-83 AK | Long | Debt | US | $489K | – | 0.58 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-106 AC | Long | Debt | US | $140K | – | 0.17 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-24 A | Long | Debt | US | $87K | – | 0.10 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-46 A | Long | Debt | US | $247K | – | 0.29 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-69 AS | Long | Debt | US | $452K | – | 0.54 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2017-70 AE | Long | Debt | US | $437K | – | 0.52 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-129 AG | Long | Debt | US | $74K | – | 0.09 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-156 AD | Long | Debt | US | $295K | – | 0.35 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-3 AG | Long | Debt | US | $171K | – | 0.20 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2018-68 B | Long | Debt | US | $828K | – | 0.98 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2019-2 AE | Long | Debt | US | $600K | – | 0.71 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2019-55 AH | Long | Debt | US | $612K | – | 0.73 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-3 AH | Long | Debt | US | $781K | – | 0.93 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2020-8 AH | Long | Debt | US | $962K | – | 1.14 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2022-146 PA | Long | Debt | US | $1M | – | 1.43 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-1 AL | Long | Debt | US | $1M | – | 1.70 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-111 ML | Long | Debt | US | $983K | – | 1.17 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-147 BD | Long | Debt | US | $2M | – | 2.31 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2023-150 DC | Long | Debt | US | $3M | – | 3.52 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2024-45 DB | Long | Debt | US | $1M | – | 1.75 |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION GNR 2024-45 JZ | Long | Debt | US | $220K | – | 0.26 |
| JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 2014-C1 JPMBB 2014-C18 C | Long | ABS-mortgage backed security | US | $91K | – | 0.11 |
| LINCOLN NATIONAL CORP 9.250000% MATURITY: PERPETUAL (LINCOLN NATIONAL CORPORATION) | Long | Debt | US | $539K | – | 0.64 |
| LINCOLN NATIONAL CORP VARIABLE RATE 04/20/2067 (LINCOLN NATIONAL CORPORATION) | Long | Debt | US | $1M | – | 1.50 |
| LINCOLN NATIONAL CORP VARIABLE RATE 04/20/2067 (LINCOLN NATIONAL CORPORATION) | Long | Debt | US | $385K | – | 0.46 |
| LINCOLN NATIONAL CORP VARIABLE RATE 05/17/2066 (LINCOLN NATIONAL CORPORATION) | Long | Debt | US | $1M | – | 1.69 |
| LKQ CORP 6.250000% 06/15/2033 (LKQ CORPORATION) | Long | Debt | US | $334K | – | 0.40 |
| LPL HOLDINGS INC 6.000000% 05/20/2034 (LPL HOLDINGS, INC.) | Long | Debt | US | $499K | – | 0.59 |
| MARYLAND ST ECON DEV CORP ECON MARYLAND ECONOMIC DEVELOPMENT CORP (MARYLAND ST ECONOMIC DEV CORP ECONOMIC DEV REV) | Long | Debt | US | $493K | – | 0.58 |
| MODESTO CA IRR DIST FING AUTH MODESTO IRRIGATION DISTRICT (MODESTO CALIF IRR DIST FING AUTH ELEC SYS REV) | Long | Debt | US | $573K | – | 0.68 |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST MSBAM 2013-C10 AS | Long | ABS-mortgage backed security | US | $86.03 | – | 0.00 |
| MORGAN STANLEY BANK OF AMERICA MERRILL LYNCH TRUST MSBAM 2013-C10 C | Long | ABS-mortgage backed security | US | $157K | – | 0.19 |
| MULTNOMAH CNTY OR SCH DIST #1J MULTNOMAH COUNTY SCHOOL DISTRICT NO 1 PORTLAND/OR (MULTNOMAH CNTY ORE SCH DIST NO 1J PORTLAND) | Long | Debt | US | $366K | – | 0.43 |
| PACIFIC GAS AND ELECTRIC CO 2.500000% 02/01/2031 (PACIFIC GAS AND ELECTRIC COMPANY) | Long | Debt | US | $206K | – | 0.24 |
| PACIFIC GAS AND ELECTRIC CO 4.950000% 07/01/2050 (PACIFIC GAS AND ELECTRIC COMPANY) | Long | Debt | US | $2M | – | 1.96 |
| PIMCO DYNAMIC INCOME FUND MUTUAL FUND | Long | Equity-common | US | $188K | 10K | 0.22 |
| PIMCO DYNAMIC INCOME OPPORT MUTUAL FUND (PIMCO Dynamic Income Opportunities Fund) | Long | Equity-common | US | $266K | 20K | 0.32 |
| PNC FINANCIAL SERVICES GROUP INC/THE 6.250000% MATURITY: PERPETUAL (THE PNC FINANCIAL SERVICES GROUP, INC.) | Long | Debt | US | $487K | – | 0.58 |
| PORT AUTH OF NEW YORK & NEW JE PORT AUTHORITY OF NEW YORK & NEW JERSEY (PORT AUTH N Y & N J) | Long | Debt | US | $278K | – | 0.33 |
| PRUDENTIAL FINANCIAL INC 3.700000% 10/01/2050 (PRUDENTIAL FINANCIAL, INC.) | Long | Debt | US | $652K | – | 0.77 |
| RETAIL OPPORTUNITY INVESTMENTS PARTNERSHIP LP 6.750000% 10/15/2028 (RETAIL OPPORTUNITY INVESTMENTS PARTNERSHIP, LP) | Long | Debt | US | $518K | – | 0.61 |
| RiverNorth/DoubleLine Strategic Opportunity Fund I PREFERRED STOCK (RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND, INC.) | Long | Equity-preferred | US | $18K | 976 | 0.02 |
| RIVERNRTH/DOUBLELNE STR OPP MUTUAL FUND (RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND, INC.) | Long | Equity-common | US | $570K | 66K | 0.68 |
| ROBLOX CORP 144A 3.875000% 05/01/2030 (ROBLOX CORPORATION) | Long | Debt | US | $1M | – | 1.32 |
| SAN FRANCISCO CITY & CNTY CA R SAN FRANCISCO CITY & COUNTY REDEVELOPMENT FINANCIN (SAN FRANCISCO CALIF CITY & CNTY REDEV FING AUTH TAX) | Long | Debt | US | $329K | – | 0.39 |
| SBA SMALL BUSINESS INVESTMENT COS SBIC 2018-10A 1 (SMALL BUSINESS INVESTMENT COMPANIES) | Long | ABS-mortgage backed security | US | $443K | – | 0.53 |
| SBA SMALL BUSINESS INVESTMENT COS SBIC 2018-10B 1 (SMALL BUSINESS INVESTMENT COMPANIES) | Long | ABS-mortgage backed security | US | $784K | – | 0.93 |
| SBA SMALL BUSINESS INVESTMENT COS SBIC 2023-10B 1 (SMALL BUSINESS INVESTMENT COMPANIES) | Long | ABS-mortgage backed security | US | $1M | – | 1.78 |
| SCE Trust III PREFERRED STOCK | Long | Equity-preferred | US | $554K | 22K | 0.66 |
| SCE Trust VI PREFERRED STOCK | Long | Equity-preferred | US | $494.5 | 25 | 0.00 |
| SMALL BUSINESS ADMINISTRATION POOLS SBA 510032 | Long | SMALL BUSINESS ADMINISTRATION POOLS | US | $159K | – | 0.19 |
| SOUTHWEST AIRLINES CO 7.375000% 03/01/2027 (SOUTHWEST AIRLINES CO.) | Long | Debt | US | $2M | – | 2.49 |
| Telephone and Data Systems Inc PREFERRED STOCK (TELEPHONE AND DATA SYSTEMS, INC.) | Long | Equity-preferred | US | $186K | 10K | 0.22 |
| UNITED STATES SMALL BUSINESS ADMINISTRATION SBAP 2018-20H 1 (SMALL BUSINESS ADMINISTRATION GTD) | Long | ABS-mortgage backed security | US | $699K | – | 0.83 |
| US TREASURY N/B 1.250000% 05/15/2050 (United States of America) | Long | Debt | US | $4M | – | 4.26 |
| US TREASURY N/B 2.250000% 02/15/2052 (United States of America) | Long | Debt | US | $956K | – | 1.13 |
| US TREASURY N/B 3.625000% 02/15/2053 (United States of America) | Long | Debt | US | $617K | – | 0.73 |
| WALGREENS BOOTS ALLIANCE INC 4.800000% 11/18/2044 (WALGREENS BOOTS ALLIANCE, INC.) | Long | Debt | US | $393K | – | 0.47 |
Address
ADVISORS' INNER CIRCLE FUND III
ONE FREEDOM VALLEY DRIVE
OAKS
Pennsylvania
19456
United States of America
Directors
Jon C. Hunt
Thomas P. Lemke
Randy S. Yanker
Nichelle Maynard-Elliott
William M. Doran
Jay C. Nadel
Transfer Agents
Brown Brothers Harriman & Co.
Pricing Services
S&P
Intercontinental Exchange, Inc.
Pricing Direct
Bloomberg
IHS Markit
Thomson Reuters Corporation
Custodians
Brown Brothers Harriman & Co.
Shareholder Servicing Agents
SEI Investments Distribution Co.
Admins
SEI Investments Global Funds Services
Brokers
INTERACTIVE BROKERS LLC
GOLDMAN SACHS