Instuitional Investor - Penn Mutual Asset Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Wells Fargo & Company	WFC	6,000	$6,930,000	35.5%
2.	Annaly Capital Management Inc	NLY	177,588	$3,755,986	19.24%
3.	Agnc Investment Corp.	AGNC	360,000	$3,610,800	18.5%
4.	Armour Residential Reit Inc.	ARR	174,050	$2,903,154	14.87%
5.	Rubrik Inc.	RBRK	16,472	$806,634	4.13%