EFFAX Holdings — Efficient Enhanced Multi-Asset Fund
Data updated: 2026-09-25
EFFAX holds 2,084 securities. The top 10 make up 61.8% of net assets, led by First American Government Obligations Fund (30.49%) and United States Treasury Bill (9.40%). Government Bonds (57.7%) and Funds & ETFs (37.1%) are the largest sectors, and 77.2% of the portfolio is in United States. Debt holdings: 32 positions, 43.4% of assets.
Holdings cover 82.46% of net asset value (77.47% of total assets; remainder is cash and receivables). As of May 31, 2026 · N-PORT.
EFFAX Portfolio Holdings
2,084 holdings of Efficient Enhanced Multi-Asset Fund by percentage of net assets, from the fund's SEC N-PORT filing as of May 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 2,084.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| First American Government Obligations Fund | — | Funds & ETFs | 30.49% | $27.23M |
| United States Treasury Bill | — | Government Bonds | 9.40% | $8.40M |
| United States Treasury Bill | — | Government Bonds | 5.54% | $4.95M |
| United States Treasury Bill | — | Government Bonds | 4.41% | $3.94M |
| Federal Home Loan Bank Discount Notes | — | Government Bonds | 2.24% | $2.00M |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 2.17% | $1.94M |
| Tii 2 1/8 01/15/35 | — | Government Bonds | 2.13% | $1.91M |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 1.89% | $1.68M |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 1.79% | $1.60M |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 1.71% | $1.53M |
| Federal Home Loan Banks | — | Government Bonds | 1.69% | $1.51M |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 1.68% | $1.50M |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 1.67% | $1.49M |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 1.66% | $1.48M |
| Federal National Mortgage Association | — | Government Bonds | 1.49% | $1.33M |
| CME E-Mini Standard & Poor's 500 Index Future | ESM6 INDEX | Unknown | 1.47% | $1.31M |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 1.34% | $1.20M |
| United States Treasury Bill | — | Government Bonds | 1.11% | $990.63K |
| Federal Home Loan Banks | — | Government Bonds | 1.11% | $987.87K |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 0.78% | $697.22K |
| CME E-Mini NASDAQ 100 Index Future | NQM6 INDEX | Unknown | 0.57% | $510.46K |
| French Republic Government Bond OAT | — | Government Bonds | 0.47% | $420.88K |
| French Republic Government Bond OAT | — | Government Bonds | 0.44% | $392.78K |
| Ukti 0.75 11/22/33 3mo | — | Government Bonds | 0.32% | $288.54K |
| Ukti 1.25 11/22/32 3mo | — | Government Bonds | 0.29% | $259.50K |
| United Kingdom Inflation-Linked Gilt | — | Government Bonds | 0.29% | $257.22K |
| French Republic Government Bond OAT | — | Government Bonds | 0.28% | $251.34K |
| French Republic Government Bond OAT | — | Government Bonds | 0.26% | $230.47K |
| Ukti 0.75 03/22/34 3mo | — | Government Bonds | 0.26% | $228.79K |
| Itraxx Europe Crossover Series 45 | — | Unknown | 0.24% | $211.02K |
| Itraxx Europe Crossover Series 45 | — | Unknown | 0.24% | $211.02K |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 0.23% | $208.04K |
| SGX Nikkei 225 Stock Index Future | — | Index | 0.23% | $201.50K |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 0.23% | $201.19K |
| CDX.NA.HY Series 45 | — | Unknown | 0.21% | $188.70K |
| CDX.NA.HY Series 45 | — | Unknown | 0.21% | $188.70K |
| CME E-mini Russell 2000 Index Futures | RTYM6 INDEX | Unknown | 0.21% | $187.42K |
| Ukti 0.125 08/10/31 3mo | — | Government Bonds | 0.21% | $183.14K |
| Ukti 0.125 11/22/36 3mo | — | Government Bonds | 0.20% | $182.65K |
| CBOT Soybean Oil Future | BON6 COMDTY | Unknown | 0.19% | $170.88K |
| ICE US MSCI Emerging Markets EM Index Futures | MESM6 INDEX | Unknown | 0.16% | $140.54K |
| United Kingdom Inflation-Linked Gilt | — | Government Bonds | 0.15% | $137.38K |
| Montreal Exchange S&P/TSX 60 Index Future | PTM6 INDEX | Unknown | 0.13% | $117.68K |
| United States Treasury Inflation Indexed Bonds | — | Government Bonds | 0.13% | $114.67K |
| TSE TOPIX (Tokyo Price Index) Future | TPM6 INDEX | Financials | 0.11% | $96.84K |
| Itraxx Europe Series 45 | — | Unknown | 0.11% | $93.84K |
| Itraxx Europe Series 45 | — | Unknown | 0.11% | $93.84K |
| E-mini Dow Jones Industrial Average Index Futures | DMM6 INDEX | Unknown | 0.10% | $91.69K |
| LME Primary Aluminum Future | — | Commodities | 0.10% | $87.99K |
| Blackrock Liquidity Funds T-Fund Institutional Shares | — | Funds & ETFs | 0.09% | $84.10K |
| CME E-Mini Standard & Poor's MidCap 400 Index | FAM6 INDEX | Unknown | 0.09% | $83.66K |
| CDX.NA.IG Series 46 | — | Unknown | 0.09% | $82.96K |
| CDX.NA.IG Series 46 | — | Unknown | 0.09% | $82.96K |
| CME Japanese Yen Currency Future | JYM6 CURNCY | Unknown | 0.09% | $77.39K |
| Eurex EURO STOXX 50 Future | — | Index | 0.08% | $72.81K |
| SGX Mini Japan Government 10 Year Bond Future | — | Commodities | 0.07% | $58.64K |
| TSE Japanese 10 Year Bond Futures | JBM6 COMDTY | Financials | 0.06% | $57.94K |
| Eurex DAX Index Future | — | Index | 0.06% | $56.52K |
| CBOT Soybean Oil Future | BOZ6 COMDTY | Unknown | 0.06% | $56.17K |
| LME Copper Future | — | Commodities | 0.06% | $54.38K |
| Three-Month SOFR Futures | SFRU6 COMDTY | Unknown | 0.06% | $52.86K |
| CME Australian Dollar Currency Future | ADM6 CURNCY | Unknown | 0.06% | $49.94K |
| CME Nikkei 225 Index Future | NXM6 INDEX | Unknown | 0.05% | $47.85K |
| ICE US mini MSCI EAFE Index Futures | MFSM6 INDEX | Unknown | 0.05% | $47.24K |
| OSE Nikkei 225 Index Future | NKM6 INDEX | Financials | 0.05% | $46.82K |
| CME Lean Hogs Future | LHQ6 COMDTY | Unknown | 0.05% | $41.77K |
| SGX FTSE Taiwan Index Futures | — | Index | 0.05% | $40.44K |
| CME Mexican Peso Currency Future | PEM6 CURNCY | Unknown | 0.04% | $34.90K |
| LME Zinc Future | — | Commodities | 0.04% | $34.10K |
| Three-Month SOFR Futures | SFRZ6 COMDTY | Unknown | 0.04% | $32.58K |
| FTSE/MIB Index Future | — | Index | 0.03% | $29.41K |
| Three-Month SOFR Futures | SFRZ7 COMDTY | Unknown | 0.03% | $28.41K |
| CBOT Soybean Future | S X6 COMDTY | Unknown | 0.03% | $25.05K |
| CBOT 10 Year US Treasury Note | TYU6 COMDTY | Unknown | 0.03% | $24.06K |
| Eurex EURO STOXX Banks Index Future | — | Index | 0.02% | $19.84K |
| OSE Nikkei 225 mini Future | NOM6 INDEX | Financials | 0.02% | $19.22K |
| Currency Forward | — | Unknown | 0.02% | $19.05K |
| Currency Forward | — | Unknown | 0.02% | $19.05K |
| Euronext CAC 40 Index Future | — | Index | 0.02% | $18.20K |
| Currency Forward | — | Unknown | 0.02% | $15.16K |
| Currency Forward | — | Unknown | 0.02% | $14.77K |
| SGX FTSE China A50 Futures Contract | — | Index | 0.02% | $14.64K |
| CME Norwegian Krone Currency Future | NOM6 CURNCY | Unknown | 0.02% | $13.98K |
| OML Stockholm OMXS30 Index Future | — | Index | 0.02% | $13.98K |
| Three-Month SOFR Futures | SFRH8 COMDTY | Unknown | 0.01% | $13.38K |
| Three-Month SOFR Futures | SFRU7 COMDTY | Unknown | 0.01% | $12.66K |
| Euronext Rapeseed Future | — | Commodities | 0.01% | $12.02K |
| NYMEX NY Harbor ULSD Futures | HOZ6 COMDTY | Unknown | 0.01% | $11.32K |
| NYBOT CSC Number 11 World Sugar Future | SBV6 COMDTY | Unknown | 0.01% | $10.86K |
| CBOT Soybean Oil Future | BOF7 COMDTY | Unknown | 0.01% | $10.69K |
| Carbon Emissions Future | — | Commodities | 0.01% | $10.54K |
| NYMEX Light Sweet Crude Oil Future | CLZ6 COMDTY | Unknown | 0.01% | $10.13K |
| Currency Forward | — | Unknown | 0.01% | $9.65K |
| Three-Month SOFR Futures | SFRM7 COMDTY | Unknown | 0.01% | $9.55K |
| Currency Forward | — | Unknown | 0.01% | $9.47K |
| CME Euro FX/Japanese Yen Cross Rate Currency | RYM6 CURNCY | Unknown | 0.01% | $9.32K |
| Currency Forward | — | Unknown | 0.01% | $9.15K |
| Three-Month SOFR Futures | SFRM8 COMDTY | Unknown | 0.01% | $9.01K |
| Currency Forward | — | Unknown | 0.01% | $8.71K |
| LME Nickel Future | — | Commodities | 0.01% | $8.39K |
EFFAX Sector Allocation
Efficient Enhanced Multi-Asset Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Government Bonds | 57.7% | 32 |
| Funds & ETFs | 37.1% | 2 |
| Index | 0.6% | 18 |
| Financials | 0.3% | 6 |
| Currency | -0.0% | 3 |
| Commodities | -0.5% | 79 |
| Unknown | 4.8% | 1944 |
EFFAX Country Allocation
Where Efficient Enhanced Multi-Asset Fund's holdings are domiciled, by percentage of net assets (largest 15).
| Country | % of net assets |
|---|---|
| United States | 77.2% |
| United Kingdom | 1.7% |
| France | 1.4% |
| Japan | 0.4% |
| Unknown | 0.2% |
| Canada | 0.1% |
| South Africa | 0.1% |
| Hungary | 0.0% |
| Norway | 0.0% |
| Sweden | 0.0% |
| Israel | 0.0% |
| New Zealand | 0.0% |
| Brazil | 0.0% |
| China | 0.0% |
| Switzerland | 0.0% |
EFFAX Portfolio Allocation
Asset-class allocation of Efficient Enhanced Multi-Asset Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 47.6% |
| Cash & Equivalents | 30.6% |
| Derivatives | 3.2% |
EFFAX Debt Constituents
Largest debt holdings of Efficient Enhanced Multi-Asset Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America - Bureau of the Public Debt | 9.40% |
| United States of America - Bureau of the Public Debt | 5.54% |
| United States of America - Bureau of the Public Debt | 4.41% |
| Federal Home Loan Banks | 2.24% |
| United States of America - Bureau of the Public Debt | 2.17% |
| United States of America - Bureau of the Public Debt | 2.13% |
| United States of America - Bureau of the Public Debt | 1.89% |
| United States of America - Bureau of the Public Debt | 1.79% |
| United States of America - Bureau of the Public Debt | 1.71% |
| Federal Home Loan Banks | 1.69% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.