PHYSX Holdings — PIA High Yield Fund
Data updated: 2026-07-24
PHYSX holds 108 securities. The top 10 make up 17.9% of net assets, led by Fidelity Government Portfolio (5.53%) and Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance (1.63%). Corporate Bonds (94.4%) and Funds & ETFs (5.6%) are the largest sectors, and 86.7% of the portfolio is in United States. Debt holdings: 106 positions, 92.0% of assets.
Holdings cover 99.05% of net asset value (97.49% of total assets; remainder is cash and receivables). As of May 31, 2026 · N-PORT.
PHYSX Portfolio Holdings
108 holdings of PIA High Yield 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 108.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| Fidelity Government Portfolio | FIGXX | Funds & ETFs | 5.53% | $5.31M |
| Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC | — | Corporate Bonds | 1.63% | $1.56M |
| Pods LLC | — | Corporate Bonds | 1.42% | $1.37M |
| Innophos Holdings Inc | — | Corporate Bonds | 1.39% | $1.33M |
| Paradigm Parent LLC and Paradigm Parent CO-Issuer Inc | — | Corporate Bonds | 1.38% | $1.33M |
| Alta Equipment Group Inc | — | Corporate Bonds | 1.34% | $1.29M |
| Ferrellgas LP / Ferrellgas Finance Corp | — | Corporate Bonds | 1.33% | $1.28M |
| TMS International Corp/DE | — | Corporate Bonds | 1.31% | $1.26M |
| Park-Ohio Industries Inc | — | Corporate Bonds | 1.31% | $1.25M |
| Summit Midstream Holdings LLC | — | Corporate Bonds | 1.30% | $1.25M |
| Conduent Business Services LLC / Conduent State & Local Solutions Inc | — | Corporate Bonds | 1.30% | $1.25M |
| ITT Holdings LLC | — | Corporate Bonds | 1.30% | $1.25M |
| Martin Midstream Partners LP / Martin Midstream Finance Corp | — | Corporate Bonds | 1.28% | $1.23M |
| CHC Group LLC | — | Corporate Bonds | 1.27% | $1.22M |
| Watco Cos LLC / Watco Finance Corp | — | Corporate Bonds | 1.27% | $1.22M |
| Star Leasing Co LLC | — | Corporate Bonds | 1.26% | $1.21M |
| Brundage-Bone Concrete Pumping Holdings Inc | — | Corporate Bonds | 1.26% | $1.21M |
| Efesto Bidco SpA Efesto US LLC | — | Corporate Bonds | 1.26% | $1.21M |
| Champions Financing Inc | — | Corporate Bonds | 1.26% | $1.21M |
| Rain Carbon Inc | — | Corporate Bonds | 1.25% | $1.20M |
| SunCoke Energy Inc | — | Corporate Bonds | 1.25% | $1.20M |
| Cascades Inc/Cascades USA Inc | — | Corporate Bonds | 1.24% | $1.20M |
| Park River Holdings Inc | — | Corporate Bonds | 1.24% | $1.19M |
| Mativ Holdings Inc | — | Corporate Bonds | 1.22% | $1.17M |
| Compass Minerals International Inc | — | Corporate Bonds | 1.21% | $1.16M |
| RR Donnelley & Sons Co | — | Corporate Bonds | 1.21% | $1.16M |
| GPD Cos Inc | — | Corporate Bonds | 1.20% | $1.16M |
| StoneMor Inc | — | Corporate Bonds | 1.19% | $1.15M |
| Scientific Games Holdings LP/Scientific Games US FinCo Inc | — | Corporate Bonds | 1.19% | $1.14M |
| Veritiv Operating Co | — | Corporate Bonds | 1.18% | $1.14M |
| AMN Healthcare Inc | — | Corporate Bonds | 1.18% | $1.13M |
| NESCO Holdings II Inc | — | Corporate Bonds | 1.18% | $1.13M |
| Rand Parent LLC | — | Corporate Bonds | 1.16% | $1.12M |
| Railworks Holdings LP / Railworks Rally Inc | — | Corporate Bonds | 1.16% | $1.11M |
| Cimpress PLC | — | Corporate Bonds | 1.16% | $1.11M |
| Asurion LLC/ Asurion Co-Issuer Inc | — | Corporate Bonds | 1.14% | $1.10M |
| VistaJet Malta Finance PLC / Vista Management Holding Inc | — | Corporate Bonds | 1.13% | $1.09M |
| A&K Travel Group Holdings Ltd | — | Corporate Bonds | 1.13% | $1.09M |
| CP Atlas Buyer Inc | — | Corporate Bonds | 1.13% | $1.08M |
| AmeriGas Partners LP / AmeriGas Finance Corp | — | Corporate Bonds | 1.12% | $1.07M |
| TransMontaigne Partners LLC | — | Corporate Bonds | 1.11% | $1.07M |
| Phoenix Aviation Capital Ltd | — | Corporate Bonds | 1.11% | $1.06M |
| KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc | — | Corporate Bonds | 1.11% | $1.06M |
| JW Aluminum Continuous Cast Co | — | Corporate Bonds | 1.10% | $1.06M |
| Canpack Group Inc / CANPACK SA | — | Corporate Bonds | 1.10% | $1.06M |
| Voyager Parent LLC | — | Corporate Bonds | 1.10% | $1.05M |
| American Axle & Manufacturing Inc | — | Corporate Bonds | 1.10% | $1.05M |
| Cyprium Corp / Cyprium Holdings Luxembourg Sarl | — | Corporate Bonds | 1.09% | $1.05M |
| Synergy Infrastructure Holdings LLC | — | Corporate Bonds | 1.07% | $1.02M |
| Bristow Group Inc | — | Corporate Bonds | 1.06% | $1.02M |
| Spanish Broadcasting System Inc | — | Corporate Bonds | 1.06% | $1.02M |
| Brightstar Lottery PLC/ Brightstar Global Solutions Corp | — | Corporate Bonds | 1.06% | $1.02M |
| Acrisure LLC / Acrisure Finance Inc | — | Corporate Bonds | 1.06% | $1.02M |
| Consolidated Energy Finance SA | — | Corporate Bonds | 1.05% | $1.01M |
| Dcli Bidco LLC | — | Corporate Bonds | 1.04% | $1.00M |
| Enerflex Inc | — | Corporate Bonds | 1.04% | $1.00M |
| Clear Channel Outdoor Holdings Inc | — | Corporate Bonds | 1.00% | $964.52K |
| Magnera Corp | — | Corporate Bonds | 0.99% | $952.58K |
| Columbus McKinnon Corp/NY | — | Corporate Bonds | 0.98% | $938.02K |
| Deluxe Corp | — | Corporate Bonds | 0.95% | $911.62K |
| Simmons Foods Inc/Simmons Prepared Foods Inc/Simmons Pet Food Inc/Simmons Feed | — | Corporate Bonds | 0.95% | $909.96K |
| CPI CG Inc | — | Corporate Bonds | 0.92% | $886.18K |
| Herens Holdco Sarl | — | Corporate Bonds | 0.91% | $877.52K |
| Consolidated Energy Finance SA | — | Corporate Bonds | 0.89% | $852.40K |
| Urban One Inc | — | Corporate Bonds | 0.89% | $851.61K |
| PROG Holdings Inc | — | Corporate Bonds | 0.87% | $835.04K |
| ION Platform Finance US Inc / ION Platform Finance SARL | — | Corporate Bonds | 0.85% | $821.12K |
| Calderys Financing II LLC | — | Corporate Bonds | 0.85% | $814.16K |
| WESCO Distribution Inc | — | Corporate Bonds | 0.83% | $796.14K |
| Borr IHC Ltd / Borr Finance LLC | — | Corporate Bonds | 0.73% | $705.72K |
| NGL Energy Operating LLC / NGL Energy Finance Corp | — | Corporate Bonds | 0.73% | $700.74K |
| Calderys Financing LLC | — | Corporate Bonds | 0.72% | $689.39K |
| Ferrellgas LP / Ferrellgas Finance Corp | — | Corporate Bonds | 0.71% | $686.15K |
| MIWD Holdco II LLC / MIWD Finance Corp | — | Corporate Bonds | 0.71% | $677.91K |
| Smyrna Ready Mix Concrete LLC | — | Corporate Bonds | 0.68% | $652.11K |
| TKC Holdings Inc | — | Corporate Bonds | 0.65% | $624.84K |
| Global Partners LP / GLP Finance Corp | — | Corporate Bonds | 0.65% | $623.34K |
| TKC Holdings Inc | — | Corporate Bonds | 0.64% | $614.37K |
| NGL Energy Operating LLC / NGL Energy Finance Corp | — | Corporate Bonds | 0.64% | $613.48K |
| Univision Communications Inc | — | Corporate Bonds | 0.56% | $542.23K |
| OT Merger Corp | — | Corporate Bonds | 0.55% | $528.58K |
| Burford Capital Global Finance LLC | — | Corporate Bonds | 0.55% | $523.74K |
| Oscar AcquisitionCo LLC / Oscar Finance Inc | — | Corporate Bonds | 0.54% | $517.15K |
| Magnera Corp | — | Corporate Bonds | 0.50% | $483.52K |
| ION Platform Finance US Inc / ION Platform Finance SARL | — | Corporate Bonds | 0.49% | $472.99K |
| Mercer International Inc | — | Corporate Bonds | 0.42% | $407.33K |
| Beasley Mezzanine Holdings LLC | — | Corporate Bonds | 0.42% | $405.16K |
| Mercer International Inc | — | Corporate Bonds | 0.38% | $368.09K |
| WS Escrow LLC | — | Corporate Bonds | 0.37% | $357.81K |
| Univision Communications Inc | — | Corporate Bonds | 0.36% | $348.90K |
| Smyrna Ready Mix Concrete LLC | — | Corporate Bonds | 0.33% | $316.37K |
| ION Platform Finance US Inc / ION Platform Finance SARL | — | Corporate Bonds | 0.33% | $315.60K |
| Burford Capital Global Finance LLC | — | Corporate Bonds | 0.33% | $312.45K |
| Univision Communications Inc | — | Corporate Bonds | 0.29% | $281.85K |
| Univision Communications Inc | — | Corporate Bonds | 0.26% | $251.80K |
| Miter Brands Acquisition Holdco Inc / MIWD Borrower LLC | — | Corporate Bonds | 0.26% | $245.95K |
| Global Partners LP / GLP Finance Corp | — | Corporate Bonds | 0.24% | $228.96K |
| ION Platform Finance US Inc / ION Platform Finance SARL | — | Corporate Bonds | 0.22% | $212.43K |
| KeHE Distributors LLC / KeHE Finance Corp / NextWave Distribution Inc | — | Corporate Bonds | 0.21% | $202.90K |
| Univision Communications Inc | — | Corporate Bonds | 0.21% | $199.32K |
PHYSX Sector Allocation
PIA High Yield Fund holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Corporate Bonds | 94.4% | 106 |
| Funds & ETFs | 5.6% | 1 |
| Unknown | 0.0% | 1 |
PHYSX Country Allocation
Where PIA High Yield Fund's holdings are domiciled, by percentage of net assets (largest 9).
| Country | % of net assets |
|---|---|
| United States | 86.7% |
| Luxembourg | 2.9% |
| Ireland | 2.3% |
| Malta | 1.3% |
| Cayman Islands | 1.3% |
| Italy | 1.3% |
| Canada | 1.2% |
| Jersey | 1.1% |
| United Kingdom | 1.1% |
PHYSX Portfolio Allocation
Asset-class allocation of PIA High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 93.5% |
| Cash & Equivalents | 5.5% |
PHYSX Debt Constituents
Largest debt holdings of PIA High Yield Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Ardagh Metal Packaging | 1.63% |
| Pods LLC | 1.42% |
| Innophos Holdings, Inc. | 1.39% |
| Paradigm Prnt/co-Issuer | 1.38% |
| Alta Equipment Group | 1.34% |
| Ferrellgas Lp/ferrellgas | 1.33% |
| Tms International Corp. | 1.31% |
| Park-Ohio Industries, Inc. | 1.31% |
| Summit Midstream Holding | 1.30% |
| Conduent Bus Services | 1.30% |
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.