TRBF Holdings — Angel Oak Total Return ETF
Data updated: 2026-09-28
TRBF holds 299 securities. The top 10 make up 24.6% of net assets, led by First American Government Obligations Fund (5.84%) and Willow Tree Clo I (2.71%). Mortgage / Securitized (66.4%) and Corporate Bonds (26.5%) are the largest sectors, and 95.2% of the portfolio is in United States. Debt holdings: 216 positions, 25.9% of assets.
Holdings cover 99.34% of net asset value (98.12% of total assets; remainder is cash and receivables). As of July 31, 2026 · N-PORT.
TRBF Portfolio Holdings
299 holdings of Angel Oak Total Return ETF by percentage of net assets, from the fund's SEC N-PORT filing as of July 31, 2026. The 100 largest are listed below; the interactive table on this page lists all 299.
| Holding | Ticker | Sector | % of net assets | Value (USD) |
|---|---|---|---|---|
| First American Government Obligations Fund | FGUXX | Funds & ETFs | 5.84% | $2.15M |
| Willow Tree Clo I LLC | — | Mortgage / Securitized | 2.71% | $999.96K |
| Fannie Mae Pool | — | Mortgage / Securitized | 2.34% | $863.26K |
| Freddie Mac Pool | — | Mortgage / Securitized | 2.25% | $827.76K |
| Fannie Mae Pool | — | Mortgage / Securitized | 2.15% | $790.55K |
| Fannie Mae Pool | — | Mortgage / Securitized | 2.04% | $751.06K |
| Fannie Mae Pool | — | Mortgage / Securitized | 2.00% | $736.48K |
| Freddie Mac Pool | — | Mortgage / Securitized | 1.90% | $700.99K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.73% | $638.74K |
| Freddie Mac Pool | — | Mortgage / Securitized | 1.62% | $597.75K |
| Freddie Mac Pool | — | Mortgage / Securitized | 1.61% | $591.67K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.44% | $531.12K |
| Freddie Mac Pool | — | Mortgage / Securitized | 1.44% | $529.63K |
| Invesco Senior Loan ETF | BKLN | Funds & ETFs | 1.42% | $523.39K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.38% | $507.01K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.33% | $488.38K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.31% | $483.47K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.30% | $479.38K |
| GS Mortgage-Backed Securities Trust 2024-RPL2 | — | Mortgage / Securitized | 1.29% | $477.11K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.26% | $464.98K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.26% | $463.05K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.25% | $462.16K |
| Freddie Mac Pool | — | Mortgage / Securitized | 1.22% | $450.01K |
| Octane Recievables Trust 2026-RVM1 | — | Mortgage / Securitized | 1.18% | $434.39K |
| Freddie Mac Pool | — | Mortgage / Securitized | 1.18% | $433.09K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.15% | $425.43K |
| Visio 2022-1 Trust | — | Mortgage / Securitized | 1.11% | $409.41K |
| Fannie Mae Pool | — | Mortgage / Securitized | 1.09% | $401.50K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.95% | $348.94K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.84% | $310.94K |
| ACHD Trust 2026-DS1 | — | Mortgage / Securitized | 0.82% | $301.88K |
| Freddie Mac Multifamily Structured Pass Through Certificates | — | Mortgage / Securitized | 0.82% | $301.00K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.77% | $285.25K |
| OBX 2022-J2 Trust | — | Mortgage / Securitized | 0.72% | $264.63K |
| GLS Auto Receivables Issuer Trust 2023-3 | — | Mortgage / Securitized | 0.71% | $260.29K |
| Exeter Automobile Receivables Trust 2022-4 | — | Mortgage / Securitized | 0.69% | $253.42K |
| Saluda Grade Alternative Mortgage Trust 2025-LOC5 | — | Mortgage / Securitized | 0.69% | $252.71K |
| Upgrade Master Pass-Thru Trust Series 2026-ST2 | — | Mortgage / Securitized | 0.68% | $250.93K |
| Research-Driven Pagaya Motor Asset Trust 2026-R1 | — | Mortgage / Securitized | 0.68% | $249.71K |
| Regional Management Issuance Trust 2022-1 | — | Mortgage / Securitized | 0.68% | $249.67K |
| New Residential Mortgage Loan Trust 2025-NQM5 | — | Mortgage / Securitized | 0.67% | $247.27K |
| Freddie Mac Pool | — | Mortgage / Securitized | 0.66% | $241.85K |
| Freddie Mac Multifamily Structured Pass Through Certificates | — | Mortgage / Securitized | 0.65% | $239.61K |
| Freddie Mac Pool | — | Mortgage / Securitized | 0.65% | $238.86K |
| Freddie Mac Pool | — | Mortgage / Securitized | 0.65% | $238.14K |
| Freddie Mac Pool | — | Mortgage / Securitized | 0.64% | $236.92K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.64% | $234.30K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.62% | $228.28K |
| New Residential Mortgage Loan Trust 2026-RPL1 | — | Mortgage / Securitized | 0.61% | $224.86K |
| COLT 2021-RPL1 Trust | — | Mortgage / Securitized | 0.60% | $220.02K |
| Freddie Mac Pool | — | Mortgage / Securitized | 0.59% | $218.76K |
| New Residential Mortgage Loan Trust 2026-RPL1 | — | Mortgage / Securitized | 0.59% | $216.85K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.55% | $202.68K |
| Bank of America Corp | — | Corporate Bonds | 0.55% | $201.88K |
| Cim Trust 2022-R1 | — | Mortgage / Securitized | 0.54% | $200.61K |
| Barclays Mortgage Loan Trust 2021-NQM1 | — | Mortgage / Securitized | 0.53% | $195.56K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.51% | $188.06K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.50% | $182.87K |
| Towd Point Mortgage Trust 2021-1 | — | Mortgage / Securitized | 0.49% | $178.83K |
| Sequoia Mortgage Trust 2026-1 | — | Mortgage / Securitized | 0.48% | $175.75K |
| Freddie Mac Pool | — | Mortgage / Securitized | 0.45% | $165.98K |
| Freddie Mac Pool | — | Mortgage / Securitized | 0.43% | $158.33K |
| Ellington Financial Mortgage Trust 2022-1 | — | Mortgage / Securitized | 0.43% | $156.95K |
| Morgan Stanley | — | Corporate Bonds | 0.41% | $152.16K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.41% | $150.56K |
| BRAVO Residential Funding Trust 2021-NQM3 | — | Mortgage / Securitized | 0.39% | $145.09K |
| ATLX 2024-RPL1 Trust | — | Mortgage / Securitized | 0.39% | $142.21K |
| Goldman Sachs Group Inc/The | — | Corporate Bonds | 0.38% | $140.58K |
| Starwood Mortgage Residential Trust 2022-3 | — | Mortgage / Securitized | 0.37% | $136.54K |
| Fannie Mae Pool | — | Mortgage / Securitized | 0.33% | $119.75K |
| Cheniere Energy Inc | — | Corporate Bonds | 0.32% | $116.17K |
| Eli Lilly & Co | — | Corporate Bonds | 0.29% | $105.15K |
| Deutsche Bank AG/New York NY | — | Corporate Bonds | 0.28% | $104.65K |
| ACHD Trust 2025-DS1 | — | Mortgage / Securitized | 0.27% | $100.72K |
| BNP Paribas SA | — | Corporate Bonds | 0.27% | $100.48K |
| JPMorgan Chase & Co | — | Corporate Bonds | 0.25% | $92.60K |
| Expand Energy Corp | — | Corporate Bonds | 0.23% | $85.27K |
| Mars Inc | — | Corporate Bonds | 0.23% | $84.73K |
| Intel Corp | — | Corporate Bonds | 0.23% | $84.31K |
| Arch Capital Group Ltd | — | Corporate Bonds | 0.23% | $84.05K |
| Blackstone Holdings Finance Co LLC | — | Corporate Bonds | 0.23% | $83.60K |
| RGA Global Funding | — | Corporate Bonds | 0.23% | $83.21K |
| Barclays PLC | — | Corporate Bonds | 0.22% | $82.83K |
| JPMorgan Chase & Co | — | Corporate Bonds | 0.22% | $82.34K |
| CBRE Services Inc | — | Corporate Bonds | 0.22% | $82.11K |
| Entergy Corp | — | Corporate Bonds | 0.22% | $82.06K |
| US Bancorp | — | Corporate Bonds | 0.22% | $82.00K |
| TransCanada PipeLines Ltd | — | Corporate Bonds | 0.22% | $81.98K |
| Goodman US Finance Seven LLC | — | Corporate Bonds | 0.22% | $81.83K |
| PNC Financial Services Group Inc/The | — | Corporate Bonds | 0.22% | $80.85K |
| Safehold GL Holdings LLC | — | Corporate Bonds | 0.22% | $80.63K |
| Columbia Pipelines Holding Co LLC | — | Corporate Bonds | 0.22% | $80.57K |
| AbbVie Inc | — | Corporate Bonds | 0.22% | $80.39K |
| Philip Morris International Inc | — | Corporate Bonds | 0.22% | $80.37K |
| COLT 2021-1 Mortgage Loan Trust | — | Mortgage / Securitized | 0.22% | $79.50K |
| Union Pacific Corp | — | Corporate Bonds | 0.22% | $79.33K |
| Nutrien Ltd | — | Corporate Bonds | 0.22% | $79.29K |
| AmFam Holdings Inc | — | Corporate Bonds | 0.21% | $79.21K |
| Canadian National Railway Co | — | Corporate Bonds | 0.21% | $79.16K |
| Citigroup Inc | — | Corporate Bonds | 0.21% | $79.06K |
TRBF Sector Allocation
Angel Oak Total Return ETF holdings grouped by sector, by share of the portfolio's market value.
| Sector | Weight | Holdings |
|---|---|---|
| Mortgage / Securitized | 66.4% | 80 |
| Corporate Bonds | 26.5% | 216 |
| Funds & ETFs | 7.3% | 2 |
| Unknown | -0.1% | 1 |
TRBF Country Allocation
Where Angel Oak Total Return ETF's holdings are domiciled, by percentage of net assets (largest 13).
| Country | % of net assets |
|---|---|
| United States | 95.2% |
| Canada | 1.9% |
| Bermuda | 0.5% |
| United Kingdom | 0.4% |
| Germany | 0.4% |
| France | 0.3% |
| Netherlands | 0.2% |
| Switzerland | 0.1% |
| Australia | 0.1% |
| Liberia | 0.1% |
| Cayman Islands | 0.1% |
| Ireland | 0.1% |
| Luxembourg | 0.1% |
TRBF Portfolio Allocation
Asset-class allocation of Angel Oak Total Return ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 65.9% |
| Fixed Income | 26.3% |
| Cash & Equivalents | 5.8% |
| Equity | 1.4% |
TRBF Debt Constituents
Largest debt holdings of Angel Oak Total Return ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Bank of America Corp. | 0.55% |
| Morgan Stanley | 0.41% |
| Goldman Sachs Group, Inc. | 0.38% |
| Cheniere Energy, Inc. | 0.32% |
| Eli Lilly & Co. | 0.29% |
| Deutsche Bank Ny | 0.28% |
| Bnp Paribas | 0.27% |
| JPMorgan Chase & Co. | 0.25% |
| Expand Energy Corp. | 0.23% |
| Mars, Inc. | 0.23% |
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.