Manager Directed Portfolios. Holdings as of May 31, 2026, from Form N-PORT.
Share of net assets at the report date, for the whole fund across all share classes.
| Holding | Weight | Value | Shares or units |
|---|---|---|---|
| Vanguard S&P 500 ETF | 78.01% | $213.25M | 306,613 |
| iShares Ultra Short Duration B | 13.15% | $35.95M | 710,454 |
| JPMorgan Ultra-Short Income ET | 8.80% | $24.06M | 475,331 |
| U.S. Bank Money Market Deposit AccountCash or money market | 0.06% | $176.64K | 176,643 |
Holdings from the fund's latest Form N-PORT; expense ratio (net of fee waivers) from the risk/return summary of its prospectus; fund type from Form N-CEN. Prices are end-of-day closes adjusted for splits; total return also reinvests distributions.