13F COMBINATION REPORT
Penn Mutual Asset Management, LLC
Quarter ended Q4 2025 · Filed January 23, 2026 · Accession 0001193125-26-021156
Total Value
$167.3M
Positions
12
Other Managers
0
Confidential Omitted
No
Holdings (12)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | ISHARES TR IBOXX INV CP ETF | 464287242 | 1,290,332 | $142.2M | 84.99% |
| 2 | WELLS FARGO CO NEW PERP PFD CNV A | 949746804 | 6,000 | $7.3M | 4.35% |
| 3 | ANNALY CAPITAL MANAGEMENT IN COM NEW | NLY-PJ | 177,588 | $4.0M | 2.37% |
| 4 | AGNC INVT CORP COM | 00123Q104 | 360,000 | $3.9M | 2.31% |
| 5 | ARMOUR RESIDENTIAL REIT INC COM SHS | ARR-PC | 174,050 | $3.1M | 1.84% |
| 6 | ISHARES TR PFD AND INCM SEC | 464288687 | 97,300 | $3.0M | 1.80% |
| 7 | RUBRIK INC. CL A | RBRK | 16,472 | $1.3M | 0.75% |
| 8 | PHATHOM PHARMACEUTICALS INC COM | PHAT | 62,802 | $1.0M | 0.62% |
| 9 | SERVICENOW INC COM | NOW | 5,315 | $814,205 | 0.49% |
| 10 | VANECK ETF TRUST JP MRGAN EM LOC | 92189H300 | 18,000 | $464,760 | 0.28% |
| 11 | SERVICETITAN INC SHS CL A | TTAN | 1,787 | $190,316 | 0.11% |
| 12 | BRAZE INC COM CL A | BRZE | 4,321 | $148,167 | 0.09% |