Penn Mutual Asset Management Diversified Active

Location: Conshohocken, PA

CIK: 0000855702 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Jan 23, 2026

Total Value: $167M (100.0% shares, 0.0% debt)

Holdings (12)

LQD ISHARES TR IBOXX INV CP ETF 85.0%

Value $142M Shares 1,290,332 Share Price $110.19 Est. Cost/Share $111.18 Unrealized @ Report Date -0.9%

— WELLS FARGO CO NEW PERP PFD CNV A 4.3%

Value $7.272M Shares 6,000 Share Price $1212.00 Est. Cost/Share $1204.00 Unrealized @ Report Date —

NLY ANNALY CAPITAL MANAGEMENT IN COM NEW 2.4%

Value $3.971M Shares 177,588 Share Price $22.36 Est. Cost/Share $19.60 Unrealized @ Report Date —

AGNC AGNC INVT CORP COM 2.3%

Value $3.859M Shares 360,000 Share Price $10.72 Est. Cost/Share $9.88 Unrealized @ Report Date —

ARR ARMOUR RESIDENTIAL REIT INC COM SHS 1.8%

Value $3.079M Shares 174,050 Share Price $17.69 Est. Cost/Share $19.77 Unrealized @ Report Date —

PFF ISHARES TR PFD AND INCM SEC 1.8%

Value $3.012M Shares 97,300 Share Price $30.96 Est. Cost/Share $30.81 Unrealized @ Report Date +0.5%

RBRK RUBRIK INC. CL A 0.8%

Value $1.26M Shares 16,472 Share Price $76.48 Est. Cost/Share $72.64 Unrealized @ Report Date +5.3%

PHAT PHATHOM PHARMACEUTICALS INC COM 0.6%

Value $1.042M Shares 62,802 Share Price $16.59 Est. Cost/Share $16.15 Unrealized @ Report Date +2.7%

NOW SERVICENOW INC COM 0.5%

Value $814K Shares 5,315 Share Price $153.19 Est. Cost/Share $171.54 Unrealized @ Report Date -10.7%

EMLC VANECK ETF TRUST JP MRGAN EM LOC 0.3%

Value $465K Shares 18,000 Share Price $25.82 Est. Cost/Share $27.88 Unrealized @ Report Date -7.4%

TTAN SERVICETITAN INC SHS CL A 0.1%

Value $190K Shares 1,787 Share Price $106.50 Est. Cost/Share $97.68 Unrealized @ Report Date +9.0%

BRZE BRAZE INC COM CL A 0.1%

Value $148K Shares 4,321 Share Price $34.29 Est. Cost/Share $29.63 Unrealized @ Report Date +15.7%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
LQD	ISHARES TR IBOXX INV CP ETF	1,290,332	$142M	85.0%	$110.19	$111.18	-0.9%	IBOXX INV CP ETF	464287242
—	WELLS FARGO CO NEW PERP PFD CNV A	6,000	$7.272M	4.3%	$1212.00	$1204.00	—	PERP PFD CNV A	949746804
NLY	ANNALY CAPITAL MANAGEMENT IN COM NEW	177,588	$3.971M	2.4%	$22.36	$19.60	—	COM NEW	035710839
AGNC	AGNC INVT CORP COM	360,000	$3.859M	2.3%	$10.72	$9.88	—	COM	00123Q104
ARR	ARMOUR RESIDENTIAL REIT INC COM SHS	174,050	$3.079M	1.8%	$17.69	$19.77	—	COM SHS	042315705
PFF	ISHARES TR PFD AND INCM SEC	97,300	$3.012M	1.8%	$30.96	$30.81	+0.5%	PFD AND INCM SEC	464288687
RBRK	RUBRIK INC. CL A	16,472	$1.26M	0.8%	$76.48	$72.64	+5.3%	CL A	781154109
PHAT	PHATHOM PHARMACEUTICALS INC COM	62,802	$1.042M	0.6%	$16.59	$16.15	+2.7%	COM	71722W107
NOW	SERVICENOW INC COM	5,315	$814K	0.5%	$153.19	$171.54	-10.7%	COM	81762P102
EMLC	VANECK ETF TRUST JP MRGAN EM LOC	18,000	$465K	0.3%	$25.82	$27.88	-7.4%	JP MRGAN EM LOC	92189H300
TTAN	SERVICETITAN INC SHS CL A	1,787	$190K	0.1%	$106.50	$97.68	+9.0%	SHS CL A	81764X103
BRZE	BRAZE INC COM CL A	4,321	$148K	0.1%	$34.29	$29.63	+15.7%	COM CL A	10576N102