MORT: All Fund Holdings as of 05/24/2013

All Fund Holdings as of 05/24/2013
Number	Holding	Ticker	Shares	Market Value	% of net assets
1	Annaly Capital M	NLY US	1,317,715	$19,001,450.30	15.70%
2	American Capital Agency Corp	AGNC US	557,072	$15,442,035.84	12.76%
3	Chimera Investment Corp	CIM US	2,050,716	$6,480,262.56	5.36%
4	Mfa Financial Inc	MFA US	691,003	$6,274,307.24	5.19%
5	Starwood Property Trust Inc	STWD US	229,088	$6,066,250.24	5.01%
6	Two Harbors Investment Corp	TWO US	489,017	$5,618,805.33	4.64%
7	Hatteras Financial Corp	HTS US	215,174	$5,532,123.54	4.57%
8	Invesco Mortgage Capital	IVR US	276,936	$5,378,097.12	4.44%
9	Cypress Sharpridge Investmen	CYS US	465,548	$5,325,869.12	4.40%
10	Northstar Realty Finance Cor	NRF US	532,546	$4,931,375.96	4.08%
11	Armour Residential Reit Inc	ARR US	853,955	$4,799,227.10	3.97%
12	Redwood Trust Inc	RWT US	215,223	$4,375,483.59	3.62%
13	Colony Financial Inc	CLNY US	170,163	$3,850,788.69	3.18%
14	New Residential Investment	NRZ US	519,664	$3,601,271.52	2.98%
15	American Capital Mortgage In	MTGE US	156,94	$3,476,221.00	2.87%
16	Pennymac Mortgage Investment	PMT US	145,684	$3,455,624.48	2.86%
17	Capstead Mortgage Corp	CMO US	251,672	$3,085,498.72	2.55%
18	Newcastle Investment Corp	NCT US	519,664	$2,738,629.28	2.26%
19	Istar Financial Inc	SFI US	200,807	$2,383,579.09	1.97%
20	Anworth Mortgage Asset Corp	ANH US	380,377	$2,194,775.29	1.81%
21	Resource Capital Corp	RSO US	257,051	$1,647,696.91	1.36%
22	Apollo Commercial Real Estat	ARI US	90,16	$1,595,832.00	1.32%
23	Dynex Capital Inc	DX US	135,672	$1,442,193.36	1.19%
24	Rait Financial Trust	RAS US	160,378	$1,321,514.72	1.09%
25	Winthrop Realty Trust	FUR US	78,275	$1,016,792.25	0.84%
26	Other/Cash		0	($27,654.03)	-0.02%