PBXAX Holdings — Rational/Pier 88 Convertible Securities Fund
Data updated: 2026-08-28
PBXAX holds 34 securities. The top 10 make up 46.1% of net assets, led by First Am-Tr Ob-X (6.84%) and Lnt 3 1/4 05/30/28 (4.73%). Corporate Bonds (58.8%) and Preferred Equity (22.9%) are the largest sectors, and 99.9% of the portfolio is in United States. Debt holdings: 21 positions, 63.0% of assets.
Holdings cover 99.91% of net asset value (99.80% of total assets; remainder is cash and receivables). As of June 30, 2026 · N-PORT.
PBXAX Portfolio Holdings
34 holdings of Rational/Pier 88 Convertible Securities Fund by percentage of net assets, from the fund's SEC N-PORT filing as of June 30, 2026.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| First Am-Tr Ob-X | — | Funds & ETFs | 6.84% | $15.88M |
| Lnt 3 1/4 05/30/28 | — | Corporate Bonds | 4.73% | $10.98M |
| Gpn 1 1/2 03/01/31 | — | Corporate Bonds | 4.39% | $10.20M |
| Dlr 1 7/8 11/15/29 | — | Corporate Bonds | 4.39% | $10.19M |
| Ppl 2 7/8 03/15/28 | — | Corporate Bonds | 4.36% | $10.12M |
| Bac 7 1/4 Perp | — | Preferred Equity | 4.35% | $10.10M |
| Nee 7.234 | — | Preferred Equity | 4.30% | $9.99M |
| Welltower, Inc. | WELL | Real Estate | 4.28% | $9.94M |
| Wec 4 3/8 06/01/29 | — | Corporate Bonds | 4.24% | $9.84M |
| Uber 0 7/8 12/01/28 | — | Corporate Bonds | 4.21% | $9.77M |
| Etsy 0 1/4 06/15/28 | — | Corporate Bonds | 4.10% | $9.52M |
| Wfc 7 1/2 Perp | — | Preferred Equity | 4.09% | $9.49M |
| Mth 1 3/4 05/15/28 | — | Corporate Bonds | 4.04% | $9.38M |
| Googl 6 1/4 | — | Preferred Equity | 3.80% | $8.82M |
| Krg 0 3/4 04/01/27 | — | Corporate Bonds | 3.35% | $7.77M |
| Ddog 0 12/01/29 | — | Corporate Bonds | 3.07% | $7.14M |
| Gh 0 11/15/27 | — | Corporate Bonds | 2.91% | $6.75M |
| Net 0 06/15/30 | — | Corporate Bonds | 2.74% | $6.35M |
| Halo 0 1/4 03/01/27 | — | Corporate Bonds | 2.45% | $5.68M |
| Dkng 0 03/15/28 | — | Corporate Bonds | 2.31% | $5.37M |
| Four 0 1/2 08/01/27 | — | Corporate Bonds | 2.29% | $5.31M |
| Western Digital | WDC | Information Technology | 2.28% | $5.30M |
| Ba 6 | — | Preferred Equity | 2.28% | $5.29M |
| Moog, Inc.-Class A | MOG.A | Industrials | 1.97% | $4.58M |
| Ares 6 3/4 | — | Preferred Equity | 1.78% | $4.13M |
| Itt, Inc. | ITT | Industrials | 1.70% | $3.96M |
| Mchp 0 02/15/30 | — | Corporate Bonds | 1.56% | $3.61M |
| On 0 1/2 03/01/29 | — | Corporate Bonds | 1.41% | $3.27M |
| So 4 1/2 06/15/27 | — | Corporate Bonds | 1.34% | $3.11M |
| Kkr 6 1/4 | — | Preferred Equity | 1.20% | $2.78M |
| Ati, Inc. | ATI | Materials | 1.20% | $2.78M |
| Hpe 7 5/8 | — | Preferred Equity | 1.11% | $2.58M |
| Be 0 11/15/30 | — | Corporate Bonds | 0.47% | $1.10M |
| Joby 0 3/4 02/15/32 | — | Corporate Bonds | 0.39% | $913.35K |
PBXAX Sector Allocation
Rational/Pier 88 Convertible Securities Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Corporate Bonds | 58.8% | 20 |
| Preferred Equity | 22.9% | 8 |
| Funds & ETFs | 6.8% | 1 |
| Real Estate | 4.3% | 1 |
| Industrials | 3.7% | 2 |
| Information Technology | 2.3% | 1 |
| Materials | 1.2% | 1 |
PBXAX Country Allocation
Where Rational/Pier 88 Convertible Securities Fund's holdings are domiciled, by percentage of net assets (largest 1).
| Country | % of net assets |
|---|---|
| United States | 99.9% |
PBXAX Portfolio Allocation
Asset-class allocation of Rational/Pier 88 Convertible Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 63.0% |
| Equity | 30.0% |
| Cash & Equivalents | 6.8% |
PBXAX Debt Constituents
Largest debt holdings of Rational/Pier 88 Convertible Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Alliant Energy Corp. | 4.73% |
| Global Payments, Inc. | 4.39% |
| Digital Realty Trust LP | 4.39% |
| Ppl Capital Funding, Inc. | 4.36% |
| Nextera Energy, Inc. | 4.30% |
| Wec Energy Group, Inc. | 4.24% |
| Uber Technologies, Inc. | 4.21% |
| Etsy, Inc. | 4.10% |
| Meritage Homes Corp. | 4.04% |
| Kite Realty Group LP | 3.35% |
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.