Yes. It also fits in with “there is no ESSENCE” in any of the pancakkhadha.
P.S. By the way, this use of the word “mendicant” for a bhikkhu is very bad. Mendicant means a “begger”. That is an insult to a bhikkhu. I do not understand why they cannot use the word “bhikkhu”. There is no need to translate each and every Pali word.
– As I have explained many times, some key Pali words cannot be should not be translated as a single English word: anicca, anatta, vinnana, sankhara, etc, etc.
So, Tien has made the meaning of the sutta clear by just replacing the English translations by the original Pali words (anatta, atta), in case someone does not notice.
– For comparison, just go that link and see the English translation. Then you can see the difference.
Ironically, the person who is using this word mendicant at Sutta Central is himself a bhikkhu.