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IHY VanEck International High Yield Bond ETF Please read important disclosure Close important disclosure false

IHY
VanEck International High Yield Bond ETF

IHY
VanEck International High Yield Bond ETF

  • NAV
    $22.18

    as of February 20, 2026
  • YTD RETURNS
    1.46%

    as of February 20, 2026
  • Total Net Assets
    $53.24M

    as of February 20, 2026
  • Total Expense Ratio
    0.40%
  • Inception Date
    04/02/2012
  • 30-Day SEC Yield
    5.14%

About IHY

The VanEck International High Yield Bond ETF (IHY®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ICE BofA Global ex-US Issuers High Yield Constrained Index (HXUS), which is comprised of U.S. dollar, Canadian dollar, pound sterling, and euro denominated below investment grade corporate bonds issued by non-U.S. corporations in the major domestic or Eurobond markets.

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Overview

Why IHY

  • Broad exposure to the non-U.S. high yield market
  • Higher credit quality versus US high yield bonds
  • Diversifies a U.S.-only high yield exposure

Yields  as of  02/20/2026

Distribution Frequency

Monthly

30-Day SEC Yield

5.14%

Distribution Yield

5.34%

12 Month Yield

5.27%

Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck International High Yield Bond ETF would have been 5.14% on 02/20/26. Distributions may vary from time to time.

Performance

Performance History:

Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/02/12
IHY (NAV) 1.52 3.09 1.52 13.22 8.74 2.19 5.05 4.41
IHY (Share Price) 1.32 2.91 1.32 13.33 8.66 2.25 5.08 4.40
HXUS (Index) 1.57 3.11 1.57 13.61 9.79 2.70 5.68 5.05
Performance Differential (NAV - Index) -0.05 -0.02 -0.05 -0.39 -1.05 -0.51 -0.63 -0.64
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/02/12
IHY (NAV) 1.61 1.09 12.72 12.72 9.76 1.90 4.77 4.32
IHY (Share Price) 1.67 1.35 13.38 13.38 9.58 1.92 4.90 4.33
HXUS (Index) 1.18 0.90 13.08 13.08 10.90 2.34 5.33 4.96
Performance Differential (NAV - Index) 0.43 0.19 -0.36 -0.36 -1.14 -0.44 -0.56 -0.64

*Returns less than one year are not annualized.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

Prices as of 02/20/2026

NAV/
Market
Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change NAV/
Last Price 		Premium/
Discount 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
IHY $22.18
$22.23 		17,472
20,424 		$0.03 / +0.15%
$0.09 / +0.43% 		+1.46%
+1.47% 		$0.04
0.19% 		0.27%

Fees

Holdings

Daily Holdings (%) as of 02/19/2026

Download XLS Get holdings
Total Holdings: 599
Holding Name % of Net
Assets
Maturity
Identifier (FIGI)
 Coupon Asset Class Market Value
Par Value/ Contracts
 Country Currency Notional Value
Petroleos Mexicanos 0.52
02/16/2032
BBG015PXLJ57
 6.700 Bond 277221.89
275,000
 Mexico USD --
Electricite De France Sa 0.51
07/22/2064
BBG005TSHYD8
 5.875 Bond 273487.11
200,000
 France GBP --
Petroleos Mexicanos 0.48
01/23/2050
BBG00XKLY8D9
 7.690 Bond 254290.46
275,000
 Mexico USD --
British Telecommunications Plc 0.47
10/03/2054
BBG01M5D2J84
 5.125 Bond 250707.80
200,000
 United Kingdom EUR --
Banco Bpm Spa 0.46
11/26/2036
BBG01QXVDV03
 4.500 Bond 246839.14
200,000
 Italy EUR --
Wepa Hygieneprodukte Gmbh 0.46
01/15/2031
BBG01L0FT0K4
 5.625 Bond 246767.26
200,000
 Germany EUR --
Teva Pharmaceutical Finance Netherlands 0.46
05/09/2030
BBG0136TNQ18
 4.375 Bond 246416.96
200,000
 Netherlands EUR --
Bper Banca Spa 0.46
07/25/2032
BBG014LK64B5
 3.875 Bond 242828.16
200,000
 Italy EUR --
Ima Industria Macchine Automatiche Spa 0.44
01/15/2028
BBG00YG1WC85
 3.750 Bond 236422.40
200,000
 Italy EUR --
Inpost Sa 0.44
04/01/2031
BBG01X4PH3Y4
 4.000 Bond 235753.19
200,000
 Poland EUR --
Electricite De France Sa 0.44
09/15/2071
BBG00X6ZBM75
 3.375 Bond 231861.62
200,000
 France EUR --
Mundys Spa 0.43
02/12/2028
BBG00Z6NSJ30
 1.875 Bond 231077.38
200,000
 Italy EUR --
Telecom Italia Capital Sa 0.43
06/04/2038
BBG00000X252
 7.721 Bond 230203.08
200,000
 Italy USD --
Vz Vendor Financing Ii Bv 0.43
01/15/2029
BBG00YG1TGD4
 2.875 Bond 229029.19
200,000
 Netherlands EUR --
Zf Europe Finance Bv 0.43
10/23/2029
BBG00QKHKDY4
 3.000 Bond 227607.72
200,000
 Germany EUR --
Yapi Ve Kredi Bankasi As 0.43
10/16/2028
BBG01J6F67Z7
 9.250 Bond 226618.49
200,000
 Turkey USD --
State Oil Co Of The Azerbaijan Republic 0.42
03/18/2030
BBG00882VRP8
 6.950 Bond 222679.65
200,000
 Azerbaijan USD --
Otp Bank Nyrt 0.41
05/15/2033
BBG01F3K9HR1
 8.750 Bond 218659.50
200,000
 Hungary USD --
Alpha Star Holding Viii Ltd 0.40
04/12/2027
BBG01JLRW446
 8.375 Bond 212221.28
200,000
 United Arab Emirates USD --
Bapco Energies Bsc Closed 0.40
10/25/2027
BBG00HZYT9D4
 7.500 Bond 211581.98
200,000
 Bahrain USD --
Fibercop Spa 0.39
06/04/2038
BBG01NL845N6
 7.721 Bond 209348.68
200,000
 United States USD --
Dar Al-Arkan Sukuk Co Ltd 0.39
07/02/2030
BBG01VR86881
 7.250 Bond 207306.16
200,000
 Cayman Islands USD --
Softbank Group Corp 0.38
09/19/2027
BBG00HPCXC41
 5.125 Bond 203176.61
200,000
 Japan USD --
Cfamc Iii Co Ltd 0.38
11/07/2027
BBG00J3QGMZ3
 4.250 Bond 202060.16
200,000
 China USD --
Binghatti Sukuk 2 Spv Ltd 0.38
07/02/2029
BBG01XH55QQ5
 7.750 Bond 201460.40
200,000
 United Arab Emirates USD --
Softbank Group Corp 0.38
01/10/2031
BBG01VVF2T51
 6.875 Bond 200141.67
200,000
 Japan USD --
Samarco Mineracao Sa 0.37
06/30/2031
BBG01KH0FB04
 9.500 Bond 198966.22
195,874
 Brazil USD --
Softbank Group Corp 0.37
07/19/2067
BBG00H33CYF8
 6.875 Bond 196242.08
200,000
 Japan USD --
Upl Corp Ltd 0.36
06/16/2030
BBG00VCMHVJ2
 4.625 Bond 192131.65
200,000
 Mauritius USD --
Vodafone Group Plc 0.36
04/04/2079
BBG00NR6TKJ0
 7.000 Bond 190371.98
175,000
 United Kingdom USD --
Grupo Nutresa Sa 0.33
05/12/2035
BBG01TVRY5T1
 9.000 Bond 174075.00
150,000
 Colombia USD --
Nissan Motor Co Ltd 0.32
09/17/2030
BBG00X7YT6N5
 4.810 Bond 170654.29
175,000
 Japan USD --
Genmab A/S/Genmab Finance Llc 0.30
12/15/2032
BBG01YGQ23X4
 6.250 Bond 157878.25
150,000
 Denmark USD --
Aroundtown Finance Sarl 0.30
11/07/2074
BBG01MNZP0J9
 7.875 Bond 157747.37
150,000
 Luxembourg USD --
Aes Panama Generation Holdings Srl 0.30
05/31/2030
BBG00WLL1Y58
 4.375 Bond 156820.34
163,364
 Panama USD --
Belron Uk Finance Plc 0.29
10/15/2029
BBG01Q32YVC4
 5.750 Bond 156456.00
150,000
 United Kingdom USD --
Vodafone Group Plc 0.29
08/30/2086
BBG01GSLNZH5
 8.000 Bond 153613.60
100,000
 United Kingdom GBP --
Nissan Motor Co Ltd 0.29
09/17/2027
BBG00X7YS2P3
 4.345 Bond 152116.35
150,000
 Japan USD --
Altice France Sa 0.28
11/01/2029
BBG01XFCMZX5
 7.250 Bond 150653.52
123,717
 France EUR --
Global Aircraft Leasing Co Ltd 0.28
09/01/2027
BBG01P6VXL50
 8.750 Bond 150473.04
140,000
 Cayman Islands USD --
Edge Finco Plc 0.28
08/15/2031
BBG01Q33CRW3
 8.125 Bond 148771.79
100,000
 United Kingdom GBP --
Petroleos Mexicanos 0.28
01/28/2031
BBG00XKLXL14
 5.950 Bond 148448.59
150,000
 Mexico USD --
Electricite De France Sa 0.28
03/17/2075
BBG01PP18479
 7.375 Bond 147186.79
100,000
 France GBP --
Petroleos Mexicanos 0.28
06/15/2035
BBG000098L86
 6.625 Bond 146819.00
150,000
 Mexico USD --
Boots Group Finco Lp 0.27
08/31/2032
BBG01W397K49
 7.375 Bond 145788.66
100,000
 United States GBP --
B&M European Value Retail Sa 0.27
11/15/2030
BBG01K4FP2S4
 8.125 Bond 144274.21
100,000
 United Kingdom GBP --
Jerrold Finco Plc 0.27
04/15/2030
BBG01M5DX679
 7.875 Bond 142986.08
100,000
 United Kingdom GBP --
Dresdner Funding Trust I 0.26
06/30/2031
BBG0000259Q1
 8.151 Bond 139352.84
125,000
 Germany USD --
Saavi Energia Sarl 0.26
02/10/2035
BBG01S4PQ936
 8.875 Bond 137056.47
125,000
 Luxembourg USD --
Air France-Klm 0.26
05/31/2028
BBG01C6ZFD76
 8.125 Bond 136728.87
100,000
 France EUR --
Teva Pharmaceutical Finance Netherlands 0.26
09/15/2029
BBG01FNWDH25
 7.375 Bond 136509.97
100,000
 Netherlands EUR --
Accor Sa 0.26
04/11/2074
BBG01JLS20H1
 7.250 Bond 136214.81
100,000
 France EUR --
Telefonica Europe Bv 0.25
09/07/2074
BBG01J3W8ZG0
 6.750 Bond 134784.60
100,000
 Netherlands EUR --
Telefonica Europe Bv 0.25
05/03/2074
BBG01DC6BPT4
 6.135 Bond 132954.18
100,000
 Netherlands EUR --
Bayer Ag 0.25
09/25/2083
BBG01JG299X0
 7.000 Bond 132884.78
100,000
 Germany EUR --
National Bank Of Greece Sa 0.25
01/03/2034
BBG01JJ37CH8
 8.000 Bond 132729.98
100,000
 Greece EUR --
Lhmc Finco 2 Sarl 0.25
05/15/2030
BBG01TT1BNW3
 8.625 Bond 132595.98
104,766
 Luxembourg EUR --
Cpi Property Group Sa 0.25
01/22/2028
BBG00RDG2W98
 2.750 Bond 131905.47
100,000
 Luxembourg GBP --
Heathrow Finance Plc 0.25
09/01/2029
BBG00QTXHV01
 4.625 Bond 131722.20
100,000
 United Kingdom GBP --
Telefonica Europe Bv 0.25
04/15/2075
BBG01LV3QX00
 5.752 Bond 131498.00
100,000
 Netherlands EUR --
Banca Ifis Spa 0.25
02/27/2029
BBG01LLZ1BQ7
 5.500 Bond 131416.84
100,000
 Italy EUR --
Webuild Spa 0.25
09/27/2028
BBG01JFH97L5
 7.000 Bond 130855.61
100,000
 Italy EUR --
Petroleos Mexicanos 0.25
09/21/2047
BBG00FM535P8
 6.750 Bond 130552.38
150,000
 Mexico USD --
Fibercop Spa 0.25
07/31/2028
BBG01NLGHQX7
 7.875 Bond 130338.40
100,000
 United States EUR --
Var Energi Asa 0.25
11/15/2083
BBG01K1XB5F0
 7.862 Bond 130312.60
100,000
 Norway EUR --
Alpha Bank Sa 0.24
09/13/2034
BBG01N5CJPY3
 6.000 Bond 130184.76
100,000
 Greece EUR --
Ams-Osram Ag 0.24
03/30/2029
BBG01K4G61H7
 10.500 Bond 130097.79
100,000
 Austria EUR --
New Immo Holding Sa 0.24
03/22/2029
BBG01JDFZZP6
 6.000 Bond 130013.03
100,000
 France EUR --
Eurofins Scientific Se 0.24
12/31/2049
BBG01CCV3F85
 6.750 Bond 129664.87
100,000
 France EUR --
Saipem Finance International Bv 0.24
05/30/2030
BBG01N088FQ0
 4.875 Bond 129479.02
100,000
 Netherlands EUR --
Tennet Holding Bv 0.24
04/01/2032
BBG01LY08T93
 4.875 Bond 129030.48
100,000
 Netherlands EUR --
New Immo Holding Sa 0.24
04/17/2028
BBG01MBYJ538
 5.875 Bond 128478.19
100,000
 France EUR --
Alstom Sa 0.24
12/31/2049
BBG01N07Q5P5
 5.868 Bond 128381.17
100,000
 France EUR --
Metro Ag 0.24
03/05/2030
BBG01SHZSY97
 4.000 Bond 128243.99
100,000
 Germany EUR --
Bellis Acquisition Co Plc 0.24
05/14/2030
BBG01MNJSDH6
 8.125 Bond 128040.45
100,000
 United Kingdom GBP --
Zf North America Capital Inc 0.24
04/23/2032
BBG01MG436C4
 6.875 Bond 127992.83
125,000
 United States USD --
Abertis Infraestructuras Finance Bv 0.24
02/28/2075
BBG01QXJ9BY2
 4.870 Bond 127675.92
100,000
 Netherlands EUR --
Alstria Office Reit-Ag 0.24
03/20/2031
BBG01SRM1GG5
 5.500 Bond 127565.92
100,000
 Germany EUR --
Energo - Pro As 0.24
05/27/2030
BBG01TW2P4Q1
 8.000 Bond 127491.79
100,000
 Czech Republic EUR --
Engineering - Ingegneria Informatica - 0.24
05/15/2028
BBG01GJV2S46
 11.125 Bond 127429.43
100,000
 Italy EUR --
Luna 1.5 Sarl 0.24
07/01/2032
BBG01WH3DTJ5
 10.500 Bond 127321.73
100,000
 Luxembourg EUR --
Piraeus Bank Sa 0.24
09/18/2035
BBG01PNLTN45
 5.375 Bond 127101.62
100,000
 Greece EUR --
Iliad Sa 0.24
02/15/2030
BBG01F5S4K18
 5.625 Bond 126885.92
100,000
 France EUR --
Virgin Media Secured Finance Plc 0.24
01/15/2030
BBG00QG1H2Z1
 4.250 Bond 126854.25
100,000
 United Kingdom GBP --
Prysmian Spa 0.24
12/31/2049
BBG01TYD7GC3
 5.250 Bond 126829.05
100,000
 Italy EUR --
Edp Sa 0.24
09/16/2054
BBG01PNL53P2
 4.625 Bond 126781.32
100,000
 Portugal EUR --
Edp Sa 0.24
05/29/2054
BBG01N07D7S2
 4.750 Bond 126455.22
100,000
 Portugal EUR --
Rci Banque Sa 0.24
10/09/2034
BBG01NH7FJV2
 5.500 Bond 126407.39
100,000
 France EUR --
Schaeffler Ag 0.24
03/28/2030
BBG01M429GJ6
 4.500 Bond 126202.00
100,000
 Germany EUR --
Essendi Sa 0.24
10/15/2029
BBG01PSNKHP5
 6.375 Bond 126133.46
100,000
 Luxembourg EUR --
Finnair Oyj 0.24
05/24/2029
BBG01MVPDP19
 4.750 Bond 126061.00
100,000
 Finland EUR --
Boots Group Finco Lp 0.24
08/31/2032
BBG01W38BPZ1
 5.375 Bond 125927.22
100,000
 United States EUR --
Petroleos Mexicanos 0.24
01/28/2060
BBG00XKLYGH7
 6.950 Bond 125503.54
150,000
 Mexico USD --
Schaeffler Ag 0.24
08/14/2029
BBG01KWLJT53
 4.750 Bond 125478.48
100,000
 Germany EUR --
A2a Spa 0.24
12/31/2049
BBG01N5B1BP5
 5.000 Bond 125365.65
100,000
 Italy EUR --
Iliad Sa 0.24
06/14/2027
BBG01BW9JZT0
 5.375 Bond 125364.11
100,000
 France EUR --
Valeo Se 0.24
04/11/2030
BBG01M9GLHB2
 4.500 Bond 125055.84
100,000
 France EUR --
Banca Transilvania Sa 0.24
09/30/2030
BBG01Q06GZ11
 5.125 Bond 125014.02
100,000
 Romania EUR --
Iho Verwaltungs Gmbh 0.23
05/15/2028
BBG01G12YF15
 8.750 Bond 124786.51
100,000
 Germany EUR --
Trivium Packaging Finance Bv 0.23
07/15/2030
BBG01V4239Q0
 6.625 Bond 124738.04
100,000
 Netherlands EUR --
Nidda Healthcare Holding Gmbh 0.23
02/21/2030
BBG01Q6TN3J9
 5.625 Bond 124730.44
100,000
 Germany EUR --
Petroleos Mexicanos 0.23
02/26/2029
BBG00KXPPSX8
 4.750 Bond 124605.78
100,000
 Mexico EUR --
Cidron Aida Finco Sarl 0.23
10/27/2031
BBG01T4LH210
 7.000 Bond 124564.25
100,000
 Luxembourg EUR --
Forvia Se 0.23
06/15/2030
BBG01SX2CN93
 5.625 Bond 124560.21
100,000
 France EUR --
Fnac Darty Sa 0.23
04/01/2029
BBG01M2CM426
 6.000 Bond 124536.54
100,000
 France EUR --
Nexans Sa 0.23
05/29/2029
BBG01N07TD39
 4.125 Bond 124517.34
100,000
 France EUR --
Koninklijke Kpn Nv 0.23
12/21/2072
BBG019LTDL83
 6.000 Bond 124426.15
100,000
 Netherlands EUR --
Czechoslovak Group As 0.23
01/10/2031
BBG01VQYYKM1
 5.250 Bond 124371.73
100,000
 Czech Republic EUR --
Volvo Car Ab 0.23
05/31/2028
BBG017QJS4Q6
 4.250 Bond 124167.24
100,000
 Sweden EUR --
Rossini Sarl 0.23
12/31/2029
BBG01NP68348
 6.750 Bond 124113.06
100,000
 Luxembourg EUR --
Iliad Holding Sas 0.23
04/15/2030
BBG01QXJ7G91
 5.375 Bond 124078.37
100,000
 France EUR --
Infrastrutture Wireless Italiane Spa 0.23
04/01/2030
BBG01T1WYGB8
 3.750 Bond 124065.08
100,000
 Italy EUR --
Picard Groupe Sas 0.23
07/01/2029
BBG01NH85HB7
 6.375 Bond 123969.07
100,000
 France EUR --
Pinnacle Bidco Plc 0.23
10/11/2028
BBG01JJV30Y7
 8.250 Bond 123738.91
100,000
 United Kingdom EUR --
Amber Finco Plc 0.23
07/15/2029
BBG01NKW8L19
 6.625 Bond 123707.84
100,000
 United Kingdom EUR --
Unibail-Rodamco-Westfield Se 0.23
10/04/2075
BBG01T2Q2DC1
 4.875 Bond 123672.71
100,000
 France EUR --
Veolia Environnement Sa 0.23
08/20/2075
BBG01TYV7555
 4.371 Bond 123498.41
100,000
 France EUR --
Forvia Se 0.23
06/15/2031
BBG01LR2M2L6
 5.500 Bond 123489.41
100,000
 France EUR --
Boels Topholding Bv 0.23
05/15/2030
BBG01MG2C923
 5.750 Bond 123405.48
100,000
 Netherlands EUR --
Techem Verwaltungsgesellschaft 675 Mbh 0.23
07/15/2029
BBG01MBKQN04
 5.375 Bond 123361.97
100,000
 Germany EUR --
Progroup Ag 0.23
04/15/2031
BBG01M2DPTW3
 5.375 Bond 123350.66
100,000
 Germany EUR --
Tui Cruises Gmbh 0.23
05/15/2030
BBG01QXJ0KJ8
 5.000 Bond 123279.59
100,000
 Germany EUR --
Eurobank Sa 0.23
04/30/2035
BBG01RXCS2C8
 4.250 Bond 123276.99
100,000
 Greece EUR --
Verisure Holding Ab 0.23
05/15/2030
BBG01MNJFHS9
 5.500 Bond 123232.63
100,000
 Sweden EUR --
Opal Bidco Sas 0.23
03/31/2032
BBG01T0J02L5
 5.500 Bond 123222.07
100,000
 France EUR --
Ses Sa 0.23
06/24/2033
BBG01VKRF7X0
 4.875 Bond 123149.94
100,000
 Luxembourg EUR --
Lottomatica Group Spa 0.23
06/01/2030
BBG01MV9PYN9
 5.375 Bond 123005.71
100,000
 Italy EUR --
Azelis Finance Nv 0.23
09/25/2029
BBG01PPNGHJ0
 4.750 Bond 122981.51
100,000
 Belgium EUR --
Currenta Group Holdings Sarl 0.23
05/15/2030
BBG01TVP8QJ9
 5.500 Bond 122934.57
100,000
 Luxembourg EUR --
Seche Environnement Saca 0.23
03/25/2030
BBG01SWH14M0
 4.500 Bond 122826.78
100,000
 France EUR --
Public Power Corp Sa 0.23
10/31/2031
BBG01QFY1FV1
 4.625 Bond 122788.89
100,000
 Greece EUR --
Cma Cgm Sa 0.23
07/15/2029
BBG01NHB3LJ5
 5.500 Bond 122780.46
100,000
 France EUR --
Matterhorn Telecom Sa 0.23
01/30/2030
BBG01RR68B85
 4.500 Bond 122669.02
100,000
 Luxembourg EUR --
Vivion Investments Sarl 0.23
02/28/2029
BBG01J3W9DH7
 6.500 Bond 122624.63
100,000
 Luxembourg EUR --
Loarre Investments Sarl 0.23
05/15/2029
BBG0178HB399
 6.500 Bond 122500.10
100,000
 Luxembourg EUR --
Tereos Finance Groupe I Sa 0.23
04/15/2028
BBG01CCNVHC3
 7.250 Bond 122079.21
100,000
 France EUR --
Softbank Group Corp 0.23
04/15/2028
BBG00KF09400
 5.000 Bond 122051.32
100,000
 Japan EUR --
Softbank Group Corp 0.23
01/08/2029
BBG01NHGH4M3
 5.375 Bond 121947.43
100,000
 Japan EUR --
Eircom Finance Dac 0.23
04/30/2031
BBG01TR27XX5
 5.000 Bond 121856.30
100,000
 Ireland EUR --
Fressnapf Holding Se 0.23
10/31/2031
BBG01QFY3QS9
 5.250 Bond 121438.34
100,000
 Germany EUR --
1011778 Bc Ulc / New Red Finance Inc 0.23
02/15/2029
BBG00XY80957
 3.500 Bond 121002.44
125,000
 Canada USD --
Vmed O2 Uk Financing I Plc 0.23
07/15/2031
BBG011K2BYS2
 4.500 Bond 120983.06
100,000
 United Kingdom GBP --
Metlen Energy & Metals Sa 0.23
10/17/2029
BBG01Q6BTJJ7
 4.000 Bond 120673.01
100,000
 Greece EUR --
Ardonagh Finco Ltd 0.23
02/15/2031
BBG01LC3NKY5
 6.875 Bond 120532.70
100,000
 United Kingdom EUR --
Castellum Ab 0.23
01/01/2099
BBG0129033V0
 3.125 Bond 120486.85
100,000
 Sweden EUR --
Mbh Bank Nyrt 0.23
01/29/2030
BBG01RX1TYL1
 5.250 Bond 120402.43
100,000
 Hungary EUR --
Schaeffler Ag 0.23
10/12/2028
BBG00XRR6GD2
 3.375 Bond 119932.11
100,000
 Germany EUR --
Edp Sa 0.23
12/02/2055
BBG01YRC95Z9
 4.375 Bond 119875.44
100,000
 Portugal EUR --
Teva Pharmaceutical Finance Netherlands 0.23
05/09/2027
BBG0136TNNQ8
 3.750 Bond 119849.08
100,000
 Netherlands EUR --
Paprec Holding Sa 0.23
07/01/2028
BBG011JFZ815
 3.500 Bond 119836.93
100,000
 France EUR --
Zf Europe Finance Bv 0.23
01/31/2029
BBG01L5N8DM5
 4.750 Bond 119671.43
100,000
 Netherlands EUR --
Sunrise Finco I Bv 0.23
05/15/2032
BBG01V563Z00
 4.625 Bond 119665.22
100,000
 Netherlands EUR --
Gruenenthal Gmbh 0.22
05/15/2028
BBG010814Z05
 4.125 Bond 119515.24
100,000
 Germany EUR --
United Group Bv 0.22
02/01/2030
BBG014GTYWY4
 5.250 Bond 119354.01
100,000
 Netherlands EUR --
Jaguar Land Rover Automotive Plc 0.22
07/15/2028
BBG011QKYKK9
 4.500 Bond 119335.53
100,000
 United Kingdom EUR --
Renault Sa 0.22
04/01/2028
BBG00ZS963N4
 2.500 Bond 119133.06
100,000
 France EUR --
Softbank Group Corp 0.22
09/19/2029
BBG00HPJL7F8
 4.000 Bond 119001.56
100,000
 Japan EUR --
Grifols Sa 0.22
10/15/2028
BBG012NHPYP2
 3.875 Bond 118752.95
100,000
 Spain EUR --
Eutelsat Sa 0.22
07/13/2027
BBG00PD35882
 2.250 Bond 118710.92
100,000
 France EUR --
Heimstaden Bostad Ab 0.22
05/01/2071
BBG00Z1683Y5
 2.625 Bond 118706.77
100,000
 Sweden EUR --
Ses Sa 0.22
09/12/2054
BBG01PKB6KD1
 5.500 Bond 118538.27
100,000
 Luxembourg EUR --
Nissan Motor Co Ltd 0.22
09/17/2028
BBG00X9BTJL7
 3.201 Bond 118472.96
100,000
 Japan EUR --
Q-Park Holding I Bv 0.22
03/01/2027
BBG00RMFKL67
 2.000 Bond 118341.61
100,000
 United States EUR --
Ses Sa 0.22
01/14/2029
BBG017ZTW559
 3.500 Bond 118293.97
100,000
 Luxembourg EUR --
Verisure Midholding Ab 0.22
02/15/2029
BBG00YVS6VX8
 5.250 Bond 118104.98
100,000
 Sweden EUR --
Telenet Finance Luxembourg Notes Sarl 0.22
03/01/2028
BBG00JCPV9Q7
 3.500 Bond 118063.56
100,000
 Luxembourg EUR --
Citycon Treasury Bv 0.22
07/08/2031
BBG01T5STVX2
 5.375 Bond 117907.65
100,000
 Netherlands EUR --
Bayer Ag 0.22
11/12/2079
BBG00QT4YB55
 3.125 Bond 117892.27
100,000
 Germany EUR --
Odido Holding Bv 0.22
01/15/2029
BBG013YMPPH5
 3.750 Bond 117750.35
100,000
 Netherlands EUR --
United Group Bv 0.22
02/15/2028
BBG00RHC2G52
 3.625 Bond 117729.87
100,000
 Netherlands EUR --
International Game Technology Plc 0.22
04/15/2028
BBG00Q6WL5D6
 2.375 Bond 117705.23
100,000
 United Kingdom EUR --
Forvia Se 0.22
06/15/2027
BBG00QV15TC3
 2.375 Bond 117648.65
100,000
 France EUR --
Mahle Gmbh 0.22
05/14/2028
BBG010RS7YS5
 2.375 Bond 117623.43
100,000
 Germany EUR --
Vmed O2 Uk Financing I Plc 0.22
04/15/2032
BBG01M5CYGN0
 5.625 Bond 117537.23
100,000
 United Kingdom EUR --
Ngg Finance Plc 0.22
09/05/2082
BBG00Q41DZT2
 2.125 Bond 117262.91
100,000
 United Kingdom EUR --
Dufry One Bv 0.22
02/15/2027
BBG00QS9WC19
 2.000 Bond 116915.79
100,000
 Netherlands EUR --
Cab Selas 0.22
02/01/2028
BBG00Z1667H7
 3.375 Bond 116878.36
100,000
 France EUR --
Veolia Environnement Sa 0.22
04/20/2169
BBG00XV8V6Z9
 2.500 Bond 116874.67
100,000
 France EUR --
Flora Food Management Bv 0.22
07/02/2029
BBG01NC0VCR4
 6.875 Bond 116651.74
100,000
 Netherlands EUR --
Snf Group Saca 0.22
02/01/2029
BBG00XD11ZP4
 2.625 Bond 116621.35
100,000
 France EUR --
Almaviva-The Italian Innovation Co Spa 0.22
10/30/2030
BBG01QFZ9SW1
 5.000 Bond 116503.29
100,000
 Italy EUR --
Rexel Sa 0.22
06/15/2028
BBG010FN1YC2
 2.125 Bond 116360.63
100,000
 France EUR --
Market Bidco Finco Plc 0.22
01/31/2031
BBG01VYDFF22
 6.750 Bond 116199.91
100,000
 United Kingdom EUR --
Bulgarian Energy Holding Ead 0.22
07/22/2028
BBG011RJGLQ3
 2.450 Bond 116146.57
100,000
 Bulgaria EUR --
Nomad Foods Bondco Plc 0.22
06/24/2028
BBG011F3XBD8
 2.500 Bond 116055.26
100,000
 United Kingdom EUR --
Poste Italiane Spa 0.22
06/24/2072
BBG011F46LK6
 2.625 Bond 116032.01
100,000
 Italy EUR --
Eramet Sa 0.22
11/30/2029
BBG01N07JR66
 6.500 Bond 115744.38
100,000
 France EUR --
Bcp V Modular Services Finance Ii Plc 0.22
11/30/2028
BBG012VFPFX9
 4.750 Bond 115463.56
100,000
 United Kingdom EUR --
Telefonica Europe Bv 0.22
02/12/2170
BBG00Z4GPF10
 2.376 Bond 115307.37
100,000
 Netherlands EUR --
Ecopetrol Sa 0.22
11/02/2031
BBG0136Y1ZJ2
 4.625 Bond 115049.72
125,000
 Colombia USD --
Ineos Finance Plc 0.22
05/15/2028
BBG01F3Z6LN6
 6.625 Bond 115046.85
100,000
 United Kingdom EUR --
Orsted As 0.22
12/09/2099
BBG00R00V308
 1.750 Bond 114867.26
100,000
 Denmark EUR --
Rakuten Group Inc 0.22
04/15/2029
BBG01M7V9D79
 9.750 Bond 114736.77
100,000
 Japan USD --
Softbank Group Corp 0.22
07/06/2029
BBG011MR1PW0
 3.375 Bond 114532.48
100,000
 Japan EUR --
Wintershall Dea Finance 2 Bv 0.22
01/20/2169
BBG00YVS7P79
 3.000 Bond 114427.98
100,000
 Netherlands EUR --
Telecom Italia Spa/Milano 0.21
01/18/2029
BBG00YV01QT0
 1.625 Bond 114067.84
100,000
 Italy EUR --
Teamsystem Spa 0.21
07/01/2031
BBG01VKR4F64
 5.000 Bond 113401.59
100,000
 Italy EUR --
Ipd 3 Bv 0.21
06/15/2031
BBG01TR3KN97
 5.500 Bond 113177.39
100,000
 Netherlands EUR --
Valeo Se 0.21
08/03/2028
BBG011XTZZP3
 1.000 Bond 113075.11
100,000
 France EUR --
Zegona Finance Plc 0.21
07/15/2029
BBG01NL7CDB5
 6.750 Bond 112029.87
90,000
 United Kingdom EUR --
Holding D'Infrastructures Des Metiers D 0.21
09/16/2028
BBG012F0KZS7
 0.625 Bond 111206.49
100,000
 France EUR --
Allwyn Entertainment Financing Uk Plc 0.21
04/30/2030
BBG01G9HK8Q8
 7.250 Bond 111162.95
90,000
 United Kingdom EUR --
Loxam Sas 0.21
05/31/2029
BBG01KFNFRW6
 6.375 Bond 110979.91
90,000
 France EUR --
Eg Global Finance Plc 0.21
11/30/2028
BBG01K200S63
 12.000 Bond 110868.40
100,000
 United Kingdom USD --
Vmed O2 Uk Financing I Plc 0.21
01/31/2031
BBG00X6ZGSY7
 3.250 Bond 110553.15
100,000
 United Kingdom EUR --
Iliad Holding Sas 0.21
04/15/2031
BBG01MNPY7J6
 8.500 Bond 110368.50
100,000
 France USD --
Turkiye Vakiflar Bankasi Tao 0.21
10/05/2034
BBG01NJ8TBL1
 8.994 Bond 110227.28
100,000
 Turkey USD --
Ineos Finance Plc 0.21
04/15/2029
BBG01L7ZHZT0
 6.375 Bond 110108.63
100,000
 United Kingdom EUR --
Fidelis Insurance Holdings Ltd 0.21
06/15/2055
BBG01V47SXF1
 7.750 Bond 109400.44
100,000
 Bermuda USD --
Altice Financing Sa 0.20
01/15/2028
BBG00RBBHG54
 5.000 Bond 108913.08
150,000
 Luxembourg USD --
Ithaca Energy North Sea Plc 0.20
10/15/2029
BBG01Q75MTP7
 8.125 Bond 107951.75
100,000
 United Kingdom USD --
Ocp Sa 0.20
04/25/2044
BBG006BRH1Q5
 6.875 Bond 107940.58
100,000
 Morocco USD --
Turkiye Is Bankasi As 0.20
06/12/2029
BBG01N67MNY4
 7.750 Bond 107907.54
100,000
 Turkey USD --
Albion Financing 1 Sarl / Aggreko Holdi 0.20
05/21/2030
BBG01TYXTNH5
 7.000 Bond 107850.03
100,000
 Luxembourg USD --
Mineral Resources Ltd 0.20
04/01/2031
BBG01XH51709
 7.000 Bond 107753.45
100,000
 Australia USD --
Bell Telephone Co Of Canada Or Bell Can 0.20
09/15/2055
BBG01S8F16R1
 6.875 Bond 107317.55
100,000
 Canada USD --
Tgs Asa 0.20
01/15/2030
BBG01QXJ4P67
 8.500 Bond 107246.64
100,000
 Norway USD --
Nickel Industries Ltd 0.20
09/30/2030
BBG01XHJXTJ6
 9.000 Bond 107097.33
100,000
 Indonesia USD --
Latam Airlines Group Sa 0.20
04/15/2030
BBG01Q3N0BS2
 7.875 Bond 106931.25
100,000
 Chile USD --
Ford Otomotiv Sanayi As 0.20
04/25/2029
BBG01MD8S542
 7.125 Bond 106797.35
100,000
 Turkey USD --
Iho Verwaltungs Gmbh 0.20
11/15/2030
BBG01Q33MTD9
 7.750 Bond 106796.67
100,000
 Germany USD --
Calderys Financing Llc 0.20
06/01/2028
BBG01GHN1S92
 11.250 Bond 106740.60
100,000
 United States USD --
Turkiye Sinai Kalkinma Bankasi As 0.20
10/17/2029
BBG01Q75YTN6
 7.125 Bond 106730.87
100,000
 Turkey USD --
Zegona Finance Plc 0.20
07/15/2029
BBG01NL55GF6
 8.625 Bond 106727.80
100,000
 United Kingdom USD --
Turk Telekomunikasyon As 0.20
05/20/2029
BBG01MRRB516
 7.375 Bond 106697.91
100,000
 Turkey USD --
Akbank Tas 0.20
01/20/2030
BBG01N9SPR37
 7.498 Bond 106656.96
100,000
 Turkey USD --
Mineral Resources Ltd 0.20
05/01/2030
BBG017186YY6
 8.500 Bond 106340.79
100,000
 Australia USD --
Maxam Prill Sarl 0.20
07/15/2030
BBG01VQYZ2W9
 7.750 Bond 106260.93
100,000
 Luxembourg USD --
Cerdia Finanz Gmbh 0.20
10/03/2031
BBG01PZSJ379
 9.375 Bond 106230.25
100,000
 Germany USD --
Navoi Mining & Metallurgical Combinat 0.20
10/17/2028
BBG01Q5PB4X3
 6.700 Bond 106201.95
100,000
 Uzbekistan USD --
Delhi International Airport Ltd 0.20
06/04/2029
BBG00P2XL2D7
 6.450 Bond 106021.36
100,000
 India USD --
Turkcell Iletisim Hizmetleri As 0.20
01/24/2030
BBG01RQT69D7
 7.450 Bond 105963.55
100,000
 Turkey USD --
Vedanta Resources Finance Ii Plc 0.20
07/24/2030
BBG01RQQTM94
 9.475 Bond 105921.55
100,000
 United Kingdom USD --
Transnet/South Africa 0.20
02/06/2028
BBG01DD2RLC2
 8.250 Bond 105918.04
100,000
 South Africa USD --
Rede D'Or Finance Sarl 0.20
09/09/2035
BBG01X2KNBG2
 6.450 Bond 105890.00
100,000
 Luxembourg USD --
Ziggo Bond Co Bv 0.20
02/28/2030
BBG00RMZ36S1
 3.375 Bond 105853.93
100,000
 Netherlands EUR --
Turkiye Garanti Bankasi As 0.20
01/03/2035
BBG01QZB6RQ4
 8.125 Bond 105842.44
100,000
 Turkey USD --
3r Lux Sarl 0.20
02/05/2031
BBG01L81WMZ9
 9.750 Bond 105808.33
100,000
 United States USD --
Gfl Environmental Inc 0.20
01/15/2031
BBG01KCBW6L4
 6.750 Bond 105732.90
100,000
 Canada USD --
Telus Corp 0.20
10/15/2055
BBG01VRMJD21
 6.625 Bond 105718.65
100,000
 Canada USD --
Kioxia Holdings Corp 0.20
07/24/2033
BBG01W344DX7
 6.625 Bond 105615.79
100,000
 Japan USD --
Oztel Holdings Spc Ltd 0.20
04/24/2028
BBG00KN0ZM84
 6.625 Bond 105591.76
100,000
 Oman USD --
Banco Do Brasil Sa/Cayman 0.20
03/18/2031
BBG01LXCW637
 6.000 Bond 105567.60
100,000
 Brazil USD --
Yinson Bergenia Production Bv 0.20
01/31/2045
BBG01VT73ZK0
 8.498 Bond 105565.62
98,670
 Netherlands USD --
Ecopetrol Sa 0.20
01/19/2036
BBG01KY1MDH3
 8.375 Bond 105508.84
100,000
 Colombia USD --
Seadrill Finance Ltd 0.20
08/01/2030
BBG01HDK4L29
 8.375 Bond 105411.08
100,000
 Bermuda USD --
Sasol Financing Usa Llc 0.20
05/03/2029
BBG01GF4KYT0
 8.750 Bond 105242.10
100,000
 United States USD --
Pluspetrol Sa 0.20
05/30/2032
BBG01V69BJ00
 8.500 Bond 105174.50
100,000
 Argentina USD --
Fortescue Treasury Pty Ltd 0.20
04/15/2030
BBG016LSGS92
 5.875 Bond 105166.70
100,000
 Australia USD --
Digicel International Finance Ltd / Dif 0.20
08/01/2032
BBG01W9T70R8
 8.625 Bond 105150.57
100,000
 Bermuda USD --
Hta Group Ltd/Mauritius 0.20
06/04/2029
BBG01MZK6858
 7.500 Bond 105003.56
100,000
 United Kingdom USD --
First Quantum Minerals Ltd 0.20
02/15/2034
BBG01WJX7WS7
 7.250 Bond 104865.03
100,000
 Canada USD --
Rb Global Holdings Inc 0.20
03/15/2028
BBG01FP4C6R3
 6.750 Bond 104696.80
100,000
 United States USD --
Ivanhoe Mines Ltd 0.20
01/23/2030
BBG01RV19P16
 7.875 Bond 104667.90
100,000
 Canada USD --
Iifl Finance Ltd 0.20
07/24/2028
BBG01RKZF949
 8.750 Bond 104580.17
100,000
 India USD --
1011778 Bc Ulc / New Red Finance Inc 0.20
09/15/2029
BBG01PKLH4M3
 5.625 Bond 104551.80
100,000
 Canada USD --
Telecommunications Co Telekom Srbija Ad 0.20
10/28/2029
BBG01QB0YBZ8
 7.000 Bond 104512.04
100,000
 Serbia USD --
Tc Ziraat Bankasi As 0.20
02/04/2030
BBG01S1708B0
 7.250 Bond 104406.97
100,000
 Turkey USD --
Turkiye Vakiflar Bankasi Tao 0.20
07/31/2030
BBG01VW0XPW7
 7.250 Bond 104157.18
100,000
 Turkey USD --
Sierracol Energy Andina Llc/Sierracol E 0.20
11/14/2030
BBG01YDMMPG4
 9.000 Bond 104147.50
100,000
 United States USD --
Muthoot Finance Ltd 0.20
04/23/2029
BBG01Q9MJGK5
 6.375 Bond 104117.23
100,000
 India USD --
Muangthai Capital Pcl 0.20
07/21/2030
BBG01VZ3KGC4
 7.550 Bond 103978.66
100,000
 Thailand USD --
Stena International Sa 0.20
01/15/2031
BBG01KXPP228
 7.250 Bond 103900.30
100,000
 Luxembourg USD --
Cpi Property Group Sa 0.20
01/14/2030
BBG014G3F2J5
 1.750 Bond 103896.19
100,000
 Luxembourg EUR --
Iliad Holding Sas 0.20
10/15/2028
BBG012V276L1
 7.000 Bond 103752.30
100,000
 France USD --
Ardonagh Finco Ltd 0.20
02/15/2031
BBG01LC23V57
 7.750 Bond 103741.80
100,000
 United Kingdom USD --
Ecopetrol Sa 0.20
04/29/2030
BBG00TGKZJN9
 6.875 Bond 103671.08
100,000
 Colombia USD --
Turkiye Ihracat Kredi Bankasi As 0.19
10/03/2030
BBG01XF3GQS8
 6.375 Bond 103614.22
100,000
 Turkey USD --
Biocon Biologics Global Plc 0.19
10/09/2029
BBG01Q3XHGD7
 6.670 Bond 103512.54
100,000
 United Kingdom USD --
Caixa Economica Federal 0.19
05/13/2030
BBG01TX7B402
 5.625 Bond 103338.75
100,000
 Brazil USD --
Worldline Sa/France 0.19
11/27/2029
BBG01QXHXVM8
 5.250 Bond 103140.81
100,000
 France EUR --
Intrum Investments And Financing Ab 0.19
09/11/2030
BBG01W8ZD908
 8.500 Bond 103038.21
100,000
 Sweden EUR --
Wynn Macau Ltd 0.19
08/26/2028
BBG00WS5XGN0
 5.625 Bond 102752.94
100,000
 United States USD --
Avianca Midco 2 Plc 0.19
02/14/2030
BBG01S2T07B3
 9.625 Bond 102491.65
100,000
 United Kingdom USD --
Emeria Sasu 0.19
03/31/2028
BBG01DD5KKQ9
 7.750 Bond 102315.46
100,000
 France EUR --
Azule Energy Finance Plc 0.19
01/23/2030
BBG01RQTCMK3
 8.125 Bond 102250.44
100,000
 United Kingdom USD --
Froneri Lux Finco Sarl 0.19
08/01/2032
BBG01W0ZNHQ9
 6.000 Bond 102040.61
100,000
 Luxembourg USD --
Jsw Steel Ltd 0.19
04/05/2032
BBG012JDBC51
 5.050 Bond 101983.71
100,000
 India USD --
Methanex Corp 0.19
12/15/2029
BBG00Q6Y2GK1
 5.250 Bond 101945.20
100,000
 Canada USD --
Azule Energy Finance Plc 0.19
01/22/2031
BBG01ZKVXFX4
 8.250 Bond 101874.09
100,000
 United Kingdom USD --
Bapco Energies Sukuk Ltd 0.19
04/08/2029
BBG00ZVV47G2
 5.250 Bond 101663.26
100,000
 Cayman Islands USD --
Wynn Macau Ltd 0.19
02/15/2034
BBG01WMC7900
 6.750 Bond 101603.95
100,000
 China USD --
Nbm Us Holdings Inc 0.19
08/06/2029
BBG00PVN4KX4
 6.625 Bond 101490.03
100,000
 Brazil USD --
Petrobras Global Finance Bv 0.19
09/10/2030
BBG01X1F2VP3
 5.125 Bond 101422.88
100,000
 Netherlands USD --
Toucan Finco Ltd/Toucan Finco Can Inc/T 0.19
05/15/2030
BBG01TRLYDG6
 9.500 Bond 101417.26
100,000
 Jersey USD --
Inversiones Cmpc Sa 0.19
12/09/2057
BBG01X2KQX08
 6.700 Bond 100940.00
100,000
 Chile USD --
Banco Btg Pactual Sa/Cayman Islands 0.19
01/27/2031
BBG01ZSYBZP9
 5.500 Bond 100816.67
100,000
 Cayman Islands USD --
Omgrid Funding Ltd 0.19
05/16/2027
BBG00GNX2K81
 5.196 Bond 100808.17
100,000
 Oman USD --
Tk Elevator Us Newco Inc 0.19
07/15/2027
BBG00VSHFQR0
 5.250 Bond 100736.59
100,000
 Luxembourg USD --
Central American Bottling Corp / Cbc Bo 0.19
04/27/2029
BBG014QZPM26
 5.250 Bond 100644.52
100,000
 Guatemala USD --
Mobico Group Plc 0.19
09/26/2031
BBG01JCXZ137
 4.875 Bond 100192.58
100,000
 United Kingdom EUR --
Melco Resorts Finance Ltd 0.19
12/04/2029
BBG00QYZLJ02
 5.375 Bond 100051.21
100,000
 China USD --
Atos Se 0.19
12/18/2029
BBG01R8W8Y70
 7.398 Bond 99976.46
75,000
 France EUR --
Mgm China Holdings Ltd 0.19
02/01/2027
BBG00ZSKZRB7
 4.750 Bond 99934.67
100,000
 China USD --
Continuum Green Energy India Pvt / Co-I 0.19
06/26/2033
BBG01N2PCYN7
 7.500 Bond 99558.44
94,075
 India USD --
Cpi Property Group Sa 0.19
01/27/2031
BBG00YZ28JL9
 1.500 Bond 99289.33
100,000
 Luxembourg EUR --
Atlantica Sustainable Infrastructure Lt 0.19
06/15/2028
BBG0110RHYG6
 4.125 Bond 98819.39
100,000
 United Kingdom USD --
Gfl Environmental Inc 0.19
08/01/2028
BBG00Y6SB3S8
 4.000 Bond 98756.42
100,000
 Canada USD --
Constellium Se 0.19
04/15/2029
BBG00Z6PNZ07
 3.750 Bond 98326.24
100,000
 France USD --
Globo Comunicacao E Participacoes S/A 0.18
01/14/2032
BBG014FG46G3
 5.500 Bond 98204.51
100,000
 Brazil USD --
Studio City Finance Ltd 0.18
01/15/2029
BBG00YRFTQK1
 5.000 Bond 97442.60
100,000
 China USD --
1011778 Bc Ulc / New Red Finance Inc 0.18
10/15/2030
BBG00XDH1DV1
 4.000 Bond 97418.53
100,000
 Canada USD --
San Miguel Industrias Pet Sa / Ng Pet R 0.18
08/02/2028
BBG011Y7VGL0
 3.750 Bond 97290.42
100,000
 Peru USD --
Ecopetrol Sa 0.18
09/18/2043
BBG00582F0G1
 7.375 Bond 96860.31
100,000
 Colombia USD --
Canpack Sa / Canpack Us Llc 0.18
11/15/2029
BBG012TG3JT1
 3.875 Bond 96700.30
100,000
 Poland USD --
Asg Finance Dac 0.18
05/15/2029
BBG01MS0QRS1
 9.750 Bond 96617.81
100,000
 Ireland USD --
Ion Platform Finance Us Inc / Ion Platf 0.18
05/30/2029
BBG01XRTDZT0
 9.500 Bond 96534.02
100,000
 United States USD --
Sunrise Finco I Bv 0.18
07/15/2031
BBG00ZXXQW40
 4.875 Bond 96471.50
100,000
 Netherlands USD --
Aegea Finance Sarl 0.18
01/20/2036
BBG01XL79P48
 7.625 Bond 96448.82
100,000
 Luxembourg USD --
Motion Bondco Dac 0.18
11/15/2027
BBG00QKDSSF3
 6.625 Bond 96429.99
100,000
 United Kingdom USD --
Natura &Co Luxembourg Holdings Sarl 0.18
05/03/2028
BBG010FXDT92
 4.125 Bond 96307.35
100,000
 Brazil USD --
Ziggo Bv 0.18
01/15/2030
BBG00QL6KSS1
 4.875 Bond 96226.05
100,000
 Netherlands USD --
Vodafone Group Plc 0.18
06/04/2081
BBG0118XKVS4
 4.125 Bond 96208.36
100,000
 United Kingdom USD --
Ion Platform Finance Us Inc / Ion Platf 0.18
05/01/2029
BBG01XS5YP01
 8.750 Bond 94544.61
100,000
 United States USD --
Enfragen Energia Sur Sa / Enfragen Spai 0.18
12/30/2030
BBG00YGL2V64
 5.375 Bond 94447.52
100,000
 United States USD --
Klabin Austria Gmbh 0.17
01/12/2031
BBG00YS3VZM2
 3.200 Bond 91467.79
100,000
 Brazil USD --
Vmed O2 Uk Financing I Plc 0.17
07/15/2031
BBG011K2BTP6
 4.750 Bond 90333.23
100,000
 United Kingdom USD --
Cerba Healthcare Saca 0.17
05/31/2028
BBG010WH0NQ6
 3.500 Bond 89576.24
100,000
 France EUR --
Ypf Sa 0.16
09/11/2031
BBG01PL2DPW0
 8.750 Bond 87605.30
81,000
 Argentina USD --
Ion Platform Finance Us Inc 0.16
09/30/2032
BBG01XHZDMM3
 7.875 Bond 87395.36
100,000
 Luxembourg USD --
Ineos Quattro Finance 2 Plc 0.16
03/15/2029
BBG01K1X8412
 9.625 Bond 85157.67
100,000
 United Kingdom USD --
Paysafe Finance Plc / Paysafe Holdings 0.16
06/15/2029
BBG011BYLRJ6
 4.000 Bond 84330.01
100,000
 United Kingdom USD --
Csn Resources Sa 0.16
12/05/2030
BBG01KD6MWS1
 8.875 Bond 83093.61
100,000
 Luxembourg USD --
Connect Finco Sarl / Connect Us Finco L 0.16
09/15/2029
BBG01PNMWYR0
 9.000 Bond 82516.43
75,000
 Luxembourg USD --
Bombardier Inc 0.15
11/15/2030
BBG01K1Z2S29
 8.750 Bond 82242.85
75,000
 Canada USD --
Nissan Motor Co Ltd 0.15
07/17/2035
BBG01W15W3Q5
 8.125 Bond 82138.66
75,000
 Japan USD --
Vodafone Group Plc 0.15
06/04/2081
BBG0118XWJT7
 5.125 Bond 82066.38
100,000
 United Kingdom USD --
Ecopetrol Sa 0.15
01/13/2033
BBG01C9JG584
 8.875 Bond 81851.70
75,000
 Colombia USD --
Rogers Communications Inc 0.15
04/15/2055
BBG01S7PCM11
 7.125 Bond 81525.08
75,000
 Canada USD --
Telecom Argentina Sa 0.15
07/18/2031
BBG01NR55KZ9
 9.500 Bond 81315.63
75,000
 Argentina USD --
Vista Energy Argentina Sau 0.15
06/10/2033
BBG01VCXTPN2
 8.500 Bond 80052.29
75,000
 Argentina USD --
Rakuten Group Inc 0.15
02/15/2027
BBG01L6Y6ZC4
 11.250 Bond 79856.98
75,000
 Japan USD --
Ypf Sa 0.15
06/27/2029
BBG00PK89BC7
 8.500 Bond 78993.90
75,000
 Argentina USD --
Garda World Security Corp 0.15
11/15/2032
BBG01QK41LZ4
 8.375 Bond 78895.38
75,000
 Canada USD --
Panama Infrastructure Receivable Purcha 0.15
04/05/2032
BBG01M8LQMT7
 -- Bond 78478.50
100,000
 United Kingdom USD --
Petroleos Mexicanos 0.15
03/13/2027
BBG00K5W8536
 6.500 Bond 78393.95
75,000
 Mexico USD --
Teva Pharmaceutical Finance Netherlands 0.15
10/01/2046
BBG00DDM0L65
 4.100 Bond 78280.66
100,000
 Israel USD --
Ecopetrol Sa 0.15
05/28/2045
BBG006JMY0P2
 5.875 Bond 78271.67
100,000
 Colombia USD --
Ecopetrol Sa 0.15
02/01/2032
BBG01Q6VXC30
 7.750 Bond 78104.37
75,000
 Colombia USD --
Sable International Finance Ltd 0.15
10/15/2032
BBG01Q0829S1
 7.125 Bond 77929.32
75,000
 Cayman Islands USD --
Vmed O2 Uk Financing I Plc 0.15
04/15/2032
BBG01M5Y4NY8
 7.750 Bond 77859.90
75,000
 United Kingdom USD --
Pampa Energia Sa 0.15
12/16/2034
BBG01R6JH3V2
 7.875 Bond 77641.41
75,000
 Argentina USD --
Petrobras Global Finance Bv 0.14
01/27/2028
BBG00LQM92M8
 5.999 Bond 76991.57
75,000
 Brazil USD --
Altice France Sa 0.14
03/15/2032
BBG01XFDXS85
 6.500 Bond 76432.88
76,220
 France USD --
Ypf Sa 0.14
09/30/2033
BBG00Z73N6V5
 7.000 Bond 76165.51
75,000
 Argentina USD --
1011778 Bc Ulc / New Red Finance Inc 0.14
01/15/2028
BBG00Q6KWZM4
 3.875 Bond 75389.93
75,000
 Canada USD --
Petrobras Global Finance Bv 0.14
01/10/2036
BBG01X1F2VS0
 6.250 Bond 75233.85
75,000
 Netherlands USD --
Wynn Macau Ltd 0.14
12/15/2029
BBG00R28RQ49
 5.125 Bond 75112.90
75,000
 United States USD --
Ats Corp 0.14
12/15/2028
BBG00YJ6YV32
 4.125 Bond 74102.83
75,000
 Canada USD --
Air Canada 0.14
08/15/2029
BBG011Y65982
 4.625 Bond 73905.21
100,000
 Canada CAD --
Greenko Power Ii Ltd 0.14
12/13/2028
BBG013Y4NYJ6
 4.300 Bond 73741.80
76,000
 Mauritius USD --
Amer Sports Co 0.14
02/16/2031
BBG01LCJHJ43
 6.750 Bond 72963.47
68,000
 United States USD --
Petrobras Global Finance Bv 0.14
06/05/2115
BBG009BNFQ03
 6.850 Bond 72772.88
75,000
 Brazil USD --
Goeasy Ltd 0.13
10/01/2030
BBG01T2D4T97
 7.375 Bond 71720.06
75,000
 Canada USD --
Empresas Publicas De Medellin Esp 0.13
07/18/2029
BBG00PPPYQ97
 4.250 Bond 71247.69
75,000
 Colombia USD --
Minerva Luxembourg Sa 0.13
03/18/2031
BBG00ZJ0C016
 4.375 Bond 71060.64
75,000
 Luxembourg USD --
Open Text Corp 0.13
12/01/2029
BBG013FZTRY0
 3.875 Bond 69302.07
75,000
 Canada USD --
Star Energy Geothermal Wayang Windu Ltd 0.13
04/24/2033
BBG00KN7FXK3
 6.750 Bond 66866.34
63,750
 Singapore USD --
Electricite De France Sa 0.11
12/15/2073
BBG01GY7Z5X4
 9.125 Bond 60326.46
50,000
 France USD --
Petroleos Mexicanos 0.11
02/07/2033
BBG01JLH8JY9
 10.000 Bond 59152.19
50,000
 Mexico USD --
Mong Duong Finance Holdings Bv 0.11
05/07/2029
BBG00PV1N2T6
 5.125 Bond 58555.20
57,938
 United States USD --
Telus Corp 0.11
07/21/2055
BBG01THX43T2
 6.250 Bond 57967.90
75,000
 Canada CAD --
Bell Telephone Co Of Canada Or Bell Can 0.11
03/27/2055
BBG01T0616K4
 5.625 Bond 57379.24
75,000
 Canada CAD --
Bombardier Inc 0.11
05/01/2034
BBG00008TWC6
 7.450 Bond 57350.47
50,000
 Canada USD --
Lcpr Senior Secured Financing Dac 0.11
10/15/2027
BBG00QJCQBG5
 6.750 Bond 56584.51
75,000
 United States USD --
Petroleos Del Peru Sa 0.11
06/19/2032
BBG00GXFJWB1
 4.750 Bond 56207.29
75,000
 Peru USD --
Vedanta Resources Finance Ii Plc 0.10
09/17/2029
BBG01PK89165
 10.875 Bond 55775.50
50,000
 United Kingdom USD --
Energean Israel Finance Ltd 0.10
09/30/2033
BBG01H754DC6
 8.500 Bond 55490.94
50,000
 Israel USD --
First Quantum Minerals Ltd 0.10
03/01/2033
BBG01SCY2QG2
 8.000 Bond 55383.53
50,000
 Canada USD --
Grupo Nutresa Sa 0.10
05/12/2030
BBG01TVSWJ66
 8.000 Bond 54878.76
50,000
 Colombia USD --
Petroleos Mexicanos 0.10
06/02/2029
BBG019SQ9ZW9
 8.750 Bond 54844.36
50,000
 Mexico USD --
Ihs Holding Ltd 0.10
11/29/2031
BBG01QVH0Q47
 8.250 Bond 54753.22
50,000
 United Kingdom USD --
First Quantum Minerals Ltd 0.10
03/01/2029
BBG01LNT8JM9
 9.375 Bond 54634.53
50,000
 Canada USD --
Cemex Sab De Cv 0.10
12/31/2049
BBG01VCXTY26
 7.200 Bond 54240.00
50,000
 Mexico USD --
Telecom Argentina Sa 0.10
05/28/2033
BBG01V46KCT2
 9.250 Bond 54188.62
50,000
 Argentina USD --
Telus Corp 0.10
10/15/2055
BBG01VRMXWT4
 7.000 Bond 54030.70
50,000
 Canada USD --
Ecopetrol Sa 0.10
01/19/2029
BBG01H7RQ9N1
 8.625 Bond 53976.39
50,000
 Colombia USD --
South Bow Canadian Infrastructure Holdi 0.10
03/01/2055
BBG01VZZ64G2
 7.625 Bond 53964.44
50,000
 Canada USD --
Termocandelaria Power Sa 0.10
09/17/2031
BBG01PNNG3L0
 7.750 Bond 53832.14
50,000
 Colombia USD --
Bombardier Inc 0.10
07/01/2031
BBG01M4T02S7
 7.250 Bond 53782.87
50,000
 Canada USD --
We Soda Investments Holding Plc 0.10
10/06/2028
BBG01JJ4K2R2
 9.500 Bond 53764.23
50,000
 United Kingdom USD --
Sisecam Uk Plc 0.10
05/02/2032
BBG01MLSF2Y7
 8.625 Bond 53757.36
50,000
 United Kingdom USD --
Yinson Boronia Production Bv 0.10
07/31/2042
BBG01N1PJKD2
 8.947 Bond 53749.58
48,573
 Netherlands USD --
Garrett Motion Holdings Inc / Garrett L 0.10
05/31/2032
BBG01MRC7JY8
 7.750 Bond 53716.12
50,000
 United States USD --
Eushi Finance Inc 0.10
12/15/2054
BBG01R8YWGX9
 7.625 Bond 53655.85
50,000
 United States USD --
Grupo Aeromexico Sab De Cv 0.10
11/15/2031
BBG01QJTB2T9
 8.625 Bond 53600.00
50,000
 Mexico USD --
Eregli Demir Ve Celik Fabrikalari Tas 0.10
07/23/2029
BBG01NQ3FV17
 8.375 Bond 53575.06
50,000
 Turkey USD --
Rogers Communications Inc 0.10
04/15/2055
BBG01S7NLHJ8
 7.000 Bond 53571.55
50,000
 Canada USD --
Teva Pharmaceutical Finance Netherlands 0.10
03/01/2028
BBG00KP7PJ85
 6.750 Bond 53550.16
50,000
 Israel USD --
First Quantum Minerals Ltd 0.10
06/01/2031
BBG01GNY62R3
 8.625 Bond 53479.28
50,000
 Canada USD --
Bombardier Inc 0.10
06/15/2033
BBG01TZG8LX0
 6.750 Bond 53464.13
50,000
 Canada USD --
Medco Maple Tree Pte Ltd 0.10
04/27/2029
BBG01JS8QGG8
 8.960 Bond 53462.07
50,000
 Singapore USD --
Sisecam Uk Plc 0.10
05/02/2029
BBG01MLSF2Q6
 8.250 Bond 53453.09
50,000
 United Kingdom USD --
Braskem Netherlands Finance Bv 0.10
01/12/2031
BBG01J7C9V78
 8.500 Bond 53414.79
125,000
 Netherlands USD --
Fortescue Treasury Pty Ltd 0.10
04/15/2032
BBG016LSGX55
 6.125 Bond 53403.33
50,000
 Australia USD --
Itau Unibanco Holding Sa/Cayman Island 0.10
02/27/2030
BBG01SGH85Q4
 6.000 Bond 53310.00
50,000
 Brazil USD --
Mersin Uluslararasi Liman Isletmeciligi 0.10
11/15/2028
BBG01K1XCKP5
 8.250 Bond 53299.62
50,000
 Turkey USD --
Nissan Motor Co Ltd 0.10
07/17/2030
BBG01W15W3K1
 7.500 Bond 53192.37
50,000
 Japan USD --
Nova Chemicals Corp 0.10
11/15/2028
BBG01K2LJKD6
 8.500 Bond 53113.98
50,000
 Canada USD --
Banijay Entertainment Sas 0.10
05/01/2029
BBG01J7C5F95
 8.125 Bond 53086.47
50,000
 France USD --
Ld Celulose International Gmbh 0.10
01/26/2032
BBG01Q0W1NP1
 7.950 Bond 53083.42
50,000
 Austria USD --
Zf North America Capital Inc 0.10
04/14/2028
BBG01G4WNB08
 6.875 Bond 53021.07
50,000
 United States USD --
Banco Internacional Del Peru Saa Interb 0.10
04/30/2035
BBG01S0P2VJ0
 6.397 Bond 52973.70
50,000
 Peru USD --
Capstone Copper Corp 0.10
03/31/2033
BBG01SZYR852
 6.750 Bond 52971.83
50,000
 Canada USD --
Banco Btg Pactual Sa/Cayman Islands 0.10
04/08/2029
BBG01M8K3762
 6.250 Bond 52757.26
50,000
 Cayman Islands USD --
Banco Bradesco Sa/Cayman Islands 0.10
01/22/2030
BBG01RR8DS42
 6.500 Bond 52734.80
50,000
 Brazil USD --
Rakuten Group Inc 0.10
12/31/2049
BBG01R329JC7
 8.125 Bond 52562.77
50,000
 Japan USD --
C&W Senior Finance Ltd 0.10
01/15/2033
BBG01S67NQ11
 9.000 Bond 52363.20
50,000
 Cayman Islands USD --
Mhp Lux Sa 0.10
07/28/2029
BBG01ZRBM4J4
 10.500 Bond 52318.51
50,000
 Luxembourg USD --
Arcor Saic 0.10
07/31/2033
BBG01W9T6FD1
 7.600 Bond 52211.11
50,000
 Argentina USD --
Shriram Finance Ltd 0.10
04/22/2027
BBG01L0KG232
 6.625 Bond 52174.14
50,000
 India USD --
Telus Corp 0.10
07/21/2055
BBG01THX4465
 6.750 Bond 52164.82
65,000
 Canada CAD --
Mazoon Assets Co Saoc 0.10
10/09/2031
BBG01Q32ZMJ6
 5.250 Bond 52123.81
50,000
 Oman USD --
Aegea Finance Sarl 0.10
01/20/2031
BBG01JJW4PT5
 9.000 Bond 52093.50
50,000
 Luxembourg USD --
Banco Votorantim Sa/Luxembourg 0.10
04/08/2028
BBG01T5XYRZ2
 5.875 Bond 52017.74
50,000
 Brazil USD --
1011778 Bc Ulc / New Red Finance Inc 0.10
06/15/2029
BBG01N73ZBQ3
 6.125 Bond 51951.01
50,000
 Canada USD --
Klabin Austria Gmbh 0.10
04/03/2029
BBG00NQJG7L3
 5.750 Bond 51911.06
50,000
 Brazil USD --
Oryx Funding Ltd 0.10
02/03/2031
BBG00Z1WYYL5
 5.800 Bond 51879.80
50,000
 Cayman Islands USD --
Ypf Sa 0.10
01/17/2034
BBG01RP2B2J0
 8.250 Bond 51860.94
50,000
 Argentina USD --
Petroleos Mexicanos 0.10
01/23/2030
BBG00XK37FS7
 6.840 Bond 51810.25
50,000
 Mexico USD --
Fibercop Spa 0.10
11/15/2033
BBG01NL7JJV3
 6.375 Bond 51483.73
50,000
 United States USD --
Zf North America Capital Inc 0.10
04/23/2030
BBG01MG435M5
 6.750 Bond 51440.85
50,000
 United States USD --
Petrobras Global Finance Bv 0.10
01/20/2040
BBG0000H86Z1
 6.875 Bond 51422.58
50,000
 Brazil USD --
Vistajet Malta Finance Plc / Vista Mana 0.10
05/01/2027
BBG016XSPMY4
 7.875 Bond 51421.33
50,000
 Malta USD --
Rogers Communications Inc 0.10
03/15/2082
BBG015476304
 5.250 Bond 51415.95
50,000
 Canada USD --
Brookfield Residential Properties Inc / 0.10
09/15/2027
BBG00Q72H2D3
 6.250 Bond 51404.41
50,000
 Canada USD --
Fibercop Spa 0.10
07/18/2036
BBG01NL820F8
 7.200 Bond 51334.13
50,000
 United States USD --
Investment Energy Resources Ltd 0.10
04/26/2029
BBG010423G00
 6.250 Bond 51328.16
50,000
 Bermuda USD --
Teva Pharmaceutical Finance Netherlands 0.10
05/09/2029
BBG0136TNRY0
 5.125 Bond 51316.09
50,000
 Netherlands USD --
Sasol Financing Usa Llc 0.10
09/27/2028
BBG00LYB0LD0
 6.500 Bond 51187.56
50,000
 South Africa USD --
Instituto Costarricense De Electricidad 0.10
05/15/2043
BBG004CZFY54
 6.375 Bond 50965.50
50,000
 Costa Rica USD --
Howden Uk Refinance Plc / Howden Uk Ref 0.10
02/15/2031
BBG01L81FSK1
 7.250 Bond 50884.77
50,000
 United Kingdom USD --
Petrobras Global Finance Bv 0.09
01/27/2041
BBG001DJX3T7
 6.750 Bond 50458.55
50,000
 Brazil USD --
Petrorio Luxembourg Holding Sarl 0.09
10/15/2030
BBG01XRQ1F31
 6.750 Bond 50431.25
50,000
 Luxembourg USD --
Petrobras Global Finance Bv 0.09
01/13/2035
BBG01PKM1VL9
 6.000 Bond 50351.09
50,000
 Netherlands USD --
Melco Resorts Finance Ltd 0.09
07/17/2027
BBG00PNVM791
 5.625 Bond 50311.34
50,000
 China USD --
Melco Resorts Finance Ltd 0.09
07/21/2028
BBG00W26SNM8
 5.750 Bond 50239.40
50,000
 China USD --
California Buyer Ltd / Atlantica Sustai 0.09
02/15/2032
BBG01QG10N00
 6.375 Bond 50117.02
50,000
 United States USD --
Renew Pvt Ltd 0.09
03/05/2027
BBG00RHG9140
 5.875 Bond 50104.22
50,000
 India USD --
Algonquin Power & Utilities Corp 0.09
01/18/2082
BBG014J7ZRW1
 4.750 Bond 50079.83
50,000
 Canada USD --
Mattamy Group Corp 0.09
03/01/2030
BBG00RTVJ9N5
 4.625 Bond 49927.84
50,000
 Canada USD --
Garda World Security Corp 0.09
06/01/2029
BBG01136V362
 6.000 Bond 49927.80
50,000
 Canada USD --
Rumo Luxembourg Sarl 0.09
01/10/2028
BBG00VSZG693
 5.250 Bond 49916.21
50,000
 Brazil USD --
Banistmo Sa 0.09
07/31/2027
BBG00WC6FPR1
 4.250 Bond 49897.19
50,000
 Panama USD --
Amaggi Luxembourg International Sarl 0.09
01/28/2028
BBG00Z0HH595
 5.250 Bond 49873.46
50,000
 Brazil USD --
Virgin Media Secured Finance Plc 0.09
05/15/2029
BBG00P3B2R77
 5.500 Bond 49734.80
50,000
 United Kingdom USD --
Uzbekneftegaz Jsc 0.09
11/16/2028
BBG013FT6XR4
 4.750 Bond 49506.86
50,000
 Uzbekistan USD --
Fortescue Treasury Pty Ltd 0.09
04/01/2031
BBG00ZQT8CF9
 4.375 Bond 49281.22
50,000
 Australia USD --
Rede D'Or Finance Sarl 0.09
01/22/2030
BBG00RD5CJS9
 4.500 Bond 48957.81
50,000
 Brazil USD --
Minsur Sa 0.09
10/28/2031
BBG0135W9LG3
 4.500 Bond 48826.86
50,000
 Peru USD --
Brf Sa 0.09
01/24/2030
BBG00QB0QPR6
 4.875 Bond 48737.60
50,000
 Brazil USD --
Zorlu Enerji Elektrik Uretim As 0.09
04/23/2030
BBG01QB1G2Z6
 11.000 Bond 48733.59
50,000
 Turkey USD --
Bangkok Bank Pcl/Hong Kong 0.09
09/25/2034
BBG00Q9CZ0R8
 3.733 Bond 48663.42
50,000
 Thailand USD --
Centrais Eletricas Brasileiras Sa 0.09
02/04/2030
BBG00RLT4FJ5
 4.625 Bond 48645.24
50,000
 Brazil USD --
Global Auto Holdings Ltd/Aag Fh Uk Ltd 0.09
01/15/2032
BBG01KXQBMR0
 8.750 Bond 48074.59
50,000
 United Kingdom USD --
B3 Sa - Brasil Bolsa Balcao 0.09
09/20/2031
BBG012JJ5104
 4.125 Bond 47902.85
50,000
 Brazil USD --
Grupo Aval Ltd 0.09
02/04/2030
BBG00RKLP6Y3
 4.375 Bond 47528.21
50,000
 Colombia USD --
Colombia Telecomunicaciones Sa Esp 0.09
07/17/2030
BBG00VYK0RJ9
 4.950 Bond 46961.32
50,000
 Spain USD --
Vistajet Malta Finance Plc / Vista Mana 0.09
02/01/2030
BBG014MRX6D2
 6.375 Bond 46955.93
50,000
 Malta USD --
Borr Ihc Ltd / Borr Finance Llc 0.09
11/15/2028
BBG01JWX7X45
 10.000 Bond 45759.63
42,683
 Bermuda USD --
Marb Bondco Plc 0.09
01/29/2031
BBG00YXT5SV4
 3.950 Bond 45737.91
50,000
 Brazil USD --
Open Text Holdings Inc 0.09
02/15/2030
BBG00RMHJC65
 4.125 Bond 45687.77
50,000
 United States USD --
Petroleos Mexicanos 0.09
06/02/2041
BBG0021PGYX0
 6.500 Bond 45642.82
50,000
 Mexico USD --
Falabella Sa 0.09
01/15/2032
BBG012Y3XSM8
 3.375 Bond 45341.90
50,000
 Chile USD --
Ai Candelaria -Spain- Sa 0.09
06/15/2033
BBG010Z7ZJX8
 5.750 Bond 45318.58
50,000
 Spain USD --
Sasol Financing Usa Llc 0.08
03/18/2031
BBG00ZMDN5R3
 5.500 Bond 44991.39
50,000
 United States USD --
Anglogold Ashanti Holdings Plc 0.08
04/15/2040
BBG00007JLB4
 6.500 Bond 44013.77
40,000
 Tanzania USD --
Nemak Sab De Cv 0.08
06/28/2031
BBG011KMQCZ2
 3.625 Bond 43281.44
50,000
 Mexico USD --
Csn Inova Ventures 0.08
01/28/2028
BBG00RJSXJQ2
 6.750 Bond 43036.19
50,000
 Brazil USD --
Consolidated Energy Finance Sa 0.08
02/15/2031
BBG01L8DHMM4
 12.000 Bond 43018.00
50,000
 Luxembourg USD --
Rb Global Holdings Inc 0.08
03/15/2031
BBG01FP4C6V8
 7.750 Bond 42946.09
40,000
 United States USD --
Aston Martin Capital Holdings Ltd 0.08
03/31/2029
BBG01LY7J2N9
 10.000 Bond 42601.53
50,000
 United Kingdom USD --
Petroleos Mexicanos 0.08
01/23/2045
BBG0076DCXD9
 6.375 Bond 42147.26
50,000
 Mexico USD --
Leviathan Bond Ltd 0.08
06/30/2030
BBG00WBMK1K1
 6.750 Bond 41826.46
40,000
 Israel USD --
Nova Chemicals Corp 0.08
06/01/2027
BBG00GQT7JP6
 5.250 Bond 40736.51
40,000
 Canada USD --
Petroleos Mexicanos 0.08
02/12/2048
BBG00MKQBK86
 6.350 Bond 40572.85
50,000
 Mexico USD --
Mc Brazil Downstream Trading Sarl 0.07
06/30/2031
BBG011RV1HN4
 7.250 Bond 39695.68
45,316
 Luxembourg USD --
Avianca Midco 2 Plc 0.07
12/01/2028
BBG01S6ZX4Q0
 9.000 Bond 38355.66
36,792
 United Kingdom USD --
Rogers Communications Inc 0.07
04/15/2055
BBG01S7RCX68
 5.625 Bond 38214.68
50,000
 Canada CAD --
Pembina Pipeline Corp 0.07
01/25/2081
BBG00YVJKH27
 4.800 Bond 36788.99
50,000
 Canada CAD --
Csn Resources Sa 0.07
06/10/2031
BBG011991JM0
 4.625 Bond 35969.37
50,000
 Luxembourg USD --
Altice Financing Sa 0.07
08/15/2029
BBG0120R4JV4
 5.750 Bond 35852.87
50,000
 Luxembourg USD --
Kosmos Energy Ltd 0.07
10/01/2031
BBG01PP4PD29
 8.750 Bond 35653.14
50,000
 United States USD --
Energean Israel Finance Ltd 0.07
03/30/2031
BBG00ZH95YG7
 5.875 Bond 35083.68
35,000
 Luxembourg USD --
Mercer International Inc 0.06
02/01/2029
BBG011BQFNL6
 5.125 Bond 31010.57
50,000
 Canada USD --
Petroleos Mexicanos 0.06
02/12/2028
BBG00MKQBK22
 5.350 Bond 30175.96
30,000
 Mexico USD --
Adecoagro Sa 0.06
07/29/2032
BBG01W9T66W0
 7.500 Bond 29270.50
30,000
 Luxembourg USD --
Nufarm Australia Ltd / Nufarm Americas 0.05
01/27/2030
BBG014QLLCL2
 5.000 Bond 27666.68
30,000
 Australia USD --
Pan American Energy Llc/Argentina 0.05
04/30/2032
BBG01MMR0VB5
 8.500 Bond 27611.46
25,000
 Argentina USD --
Navoi Mining & Metallurgical Combinat 0.05
10/17/2031
BBG01Q5PB4Z1
 6.950 Bond 27516.66
25,000
 Uzbekistan USD --
South Bow Canadian Infrastructure Holdi 0.05
03/01/2055
BBG01W00BB73
 7.500 Bond 27471.52
25,000
 Canada USD --
New Flyer Holdings Inc 0.05
07/01/2030
BBG01V8S34J8
 9.250 Bond 27437.26
25,000
 United States USD --
New Gold Inc 0.05
04/01/2032
BBG01SNF87H6
 6.875 Bond 27288.33
25,000
 Canada USD --
Taseko Mines Ltd 0.05
05/01/2030
BBG01MBN6YF0
 8.250 Bond 27185.69
25,000
 Canada USD --
Mineral Resources Ltd 0.05
10/01/2028
BBG01JJHWN03
 9.250 Bond 27148.43
25,000
 Australia USD --
Telecom Italia Capital Sa 0.05
11/15/2033
BBG00003HHT5
 6.375 Bond 26937.98
25,000
 Italy USD --
Altagas Ltd 0.05
10/15/2054
BBG01PSR8PF3
 7.200 Bond 26908.00
25,000
 Canada USD --
Champion Iron Canada Inc 0.05
07/15/2032
BBG01VS14PS7
 7.875 Bond 26850.91
25,000
 Canada USD --
Petrobras Global Finance Bv 0.05
03/17/2044
BBG0064M2HN8
 7.250 Bond 26846.29
25,000
 Brazil USD --
Bombardier Inc 0.05
06/01/2032
BBG01N09RMJ0
 7.000 Bond 26823.72
25,000
 Canada USD --
Jones Deslauriers Insurance Management 0.05
03/15/2030
BBG01FPHCQY2
 8.500 Bond 26822.55
25,000
 Canada USD --
Golomt Bank 0.05
05/20/2027
BBG01MRYH9W3
 11.000 Bond 26770.87
25,000
 Mongolia USD --
Teva Pharmaceutical Finance Netherlands 0.05
12/01/2032
BBG01V434WZ6
 6.000 Bond 26696.68
25,000
 Netherlands USD --
Nova Chemicals Corp 0.05
02/15/2030
BBG01LC4HF71
 9.000 Bond 26684.13
25,000
 Canada USD --
Empire Communities Corp 0.05
05/01/2029
BBG01MG4S8Q8
 9.750 Bond 26680.14
25,000
 Canada USD --
Transportadora De Gas Del Sur Sa 0.05
07/24/2031
BBG01NWTBP10
 8.500 Bond 26615.30
25,000
 Argentina USD --
Puma International Financing Sa 0.05
04/25/2029
BBG01MDBLW25
 7.750 Bond 26615.15
25,000
 Luxembourg USD --
Aeropuertos Dominicanos Siglo Xxi Sa 0.05
06/30/2034
BBG01NK9DQZ6
 7.000 Bond 26611.67
25,000
 Dominican Republic USD --
Karoon Usa Finance Inc 0.05
05/14/2029
BBG01MRJB2W7
 10.500 Bond 26608.37
25,000
 Australia USD --
Petrobras Global Finance Bv 0.05
07/03/2033
BBG01H6WSCT6
 6.500 Bond 26507.30
25,000
 Netherlands USD --
Teva Pharmaceutical Finance Co Llc 0.05
02/01/2036
BBG0000BW204
 6.150 Bond 26503.99
25,000
 Israel USD --
Enerflex Inc 0.05
01/15/2031
BBG01YV6B735
 6.875 Bond 26287.75
25,000
 United States USD --
Teva Pharmaceutical Finance Netherlands 0.05
12/01/2030
BBG01V434WV0
 5.750 Bond 26216.54
25,000
 Netherlands USD --
Ypf Sa 0.05
06/30/2029
BBG00Z73L2C7
 2.500 Bond 26205.33
25,000
 Argentina USD --
Bombardier Inc 0.05
02/01/2029
BBG01CCWPVM8
 7.500 Bond 26165.62
25,000
 Canada USD --
Cia De Minas Buenaventura Saa 0.05
02/04/2032
BBG01S2SVBL1
 6.800 Bond 26142.78
25,000
 Peru USD --
Ypf Energia Electrica Sa 0.05
10/16/2032
BBG01Q782C61
 7.875 Bond 26057.90
25,000
 Argentina USD --
Cascades Inc/Cascades Usa Inc 0.05
07/15/2030
BBG01V8RDY21
 6.750 Bond 26033.13
25,000
 Canada USD --
Great Canadian Gaming Corp/Raptor Llc 0.05
11/15/2029
BBG01QK72LJ4
 8.750 Bond 26014.63
25,000
 -- USD --
Tecpetrol Sa 0.05
01/22/2033
BBG01RQZXH90
 7.625 Bond 26003.56
25,000
 Argentina USD --
Eldorado Gold Corp 0.05
09/01/2029
BBG012311Y48
 6.250 Bond 25939.48
25,000
 Canada USD --
Vista Energy Argentina Sau 0.05
12/10/2035
BBG01R3XS182
 7.625 Bond 25938.45
25,000
 Argentina USD --
Heritage Petroleum Co Ltd 0.05
08/12/2029
BBG0178K40P8
 9.000 Bond 25923.00
25,000
 Trinidad And Tobago USD --
Tecpetrol Sa 0.05
11/03/2030
BBG01Y75K2K6
 7.625 Bond 25901.87
25,000
 Argentina USD --
Hudbay Minerals Inc 0.05
04/01/2029
BBG00X7K5LF7
 6.125 Bond 25867.33
25,000
 Peru USD --
Petrobras Global Finance Bv 0.05
01/17/2027
BBG00FQK9ZF0
 7.375 Bond 25819.53
25,000
 Brazil USD --
Northriver Midstream Finance Lp 0.05
07/15/2032
BBG01NH91847
 6.750 Bond 25817.60
25,000
 Canada USD --
Petroleos Mexicanos 0.05
01/23/2029
BBG00MKQBK40
 6.500 Bond 25780.14
25,000
 Mexico USD --
Teine Energy Ltd 0.05
04/15/2029
BBG00ZS0HF63
 6.875 Bond 25635.91
25,000
 Canada USD --
Petrobras Global Finance Bv 0.05
03/19/2049
BBG00NKXZ8F2
 6.900 Bond 25620.31
25,000
 Brazil USD --
Iamgold Corp 0.05
10/15/2028
BBG00X70CQJ8
 5.750 Bond 25593.47
25,000
 Burkina Faso USD --
Leviathan Bond Ltd 0.05
06/30/2027
BBG00WBMK194
 6.500 Bond 25571.34
25,000
 Israel USD --
Precision Drilling Corp 0.05
01/15/2029
BBG011917W33
 6.875 Bond 25559.30
25,000
 Canada USD --
Petrobras Global Finance Bv 0.05
01/03/2031
BBG00V3LZFM5
 5.600 Bond 25525.42
25,000
 Brazil USD --
Fortescue Treasury Pty Ltd 0.05
09/15/2027
BBG00Q6B3SX0
 4.500 Bond 25501.25
25,000
 Australia USD --
Indika Energy Tbk Pt 0.05
05/07/2029
BBG01MLQCVM3
 8.750 Bond 25468.02
25,000
 Indonesia USD --
Energean Israel Finance Ltd 0.05
03/30/2028
BBG00ZH95TN0
 5.375 Bond 25432.71
25,000
 Luxembourg USD --
Teva Pharmaceutical Finance Netherlands 0.05
05/09/2027
BBG0136VL8H8
 4.750 Bond 25402.74
25,000
 Netherlands USD --
Ypf Sa 0.05
07/21/2027
BBG00H5RJ6W8
 6.950 Bond 25386.14
25,000
 Argentina USD --
Pan American Energy Llc/Argentina 0.05
01/15/2037
BBG01ZHCSTT1
 7.750 Bond 25381.25
25,000
 Argentina USD --
Gfl Environmental Inc 0.05
06/15/2029
BBG0118Z53R9
 4.750 Bond 25182.12
25,000
 Canada USD --
Cascades Inc/Cascades Usa Inc 0.05
01/15/2028
BBG00QTYP589
 5.375 Bond 25114.70
25,000
 Canada USD --
Saturn Oil & Gas Inc 0.05
06/15/2029
BBG01N641V12
 9.625 Bond 25106.06
24,000
 Canada USD --
Superior Plus Lp / Superior General Par 0.05
03/15/2029
BBG00ZHC2JW8
 4.500 Bond 25041.15
25,000
 Canada USD --
Nova Chemicals Corp 0.05
05/15/2029
BBG010H455F8
 4.250 Bond 24894.33
25,000
 Canada USD --
Brookfield Residential Properties Inc / 0.05
06/15/2029
BBG01103BGG4
 5.000 Bond 24690.38
25,000
 Canada USD --
Gfl Environmental Inc 0.05
08/15/2029
BBG01210LSM3
 4.375 Bond 24590.45
25,000
 Canada USD --
Rakuten Group Inc 0.05
04/22/2170
BBG0101ZKQV5
 6.250 Bond 24557.97
25,000
 Japan USD --
Vermilion Energy Inc 0.05
02/15/2033
BBG01S19DB34
 7.250 Bond 24514.63
25,000
 Canada USD --
Georgian Railway Jsc 0.05
06/17/2028
BBG011DF2Q99
 4.000 Bond 24253.29
25,000
 Georgia USD --
Goeasy Ltd 0.04
05/15/2030
BBG01QG0XJM1
 6.875 Bond 23455.85
25,000
 Canada USD --
Ypf Sa 0.04
12/15/2047
BBG00JFF1FQ5
 7.000 Bond 22809.26
25,000
 Argentina USD --
Braskem Netherlands Finance Bv 0.04
01/10/2028
BBG00HWFLW45
 4.500 Bond 22366.08
50,000
 Brazil USD --
Open Text Holdings Inc 0.04
12/01/2031
BBG013FZTNB4
 4.125 Bond 22327.60
25,000
 United States USD --
Capital Power Corp 0.04
06/05/2054
BBG01MVRVFF2
 8.125 Bond 21269.31
25,000
 Canada CAD --
Petrobras Global Finance Bv 0.04
06/10/2051
BBG01198GJR1
 5.500 Bond 21157.10
25,000
 Netherlands USD --
Altagas Ltd 0.04
11/10/2083
BBG01K2CXZ47
 8.900 Bond 20831.14
25,000
 Canada CAD --
Braskem Netherlands Finance Bv 0.04
01/31/2030
BBG00QQ65F56
 4.500 Bond 20470.16
50,000
 Brazil USD --
Transalta Corp 0.04
11/15/2030
BBG00006QFM9
 6.900 Bond 20295.89
25,000
 Canada CAD --
Playtika Holding Corp 0.04
03/15/2029
BBG00ZHSBT79
 4.250 Bond 20219.30
25,000
 United States USD --
Braskem Netherlands Finance Bv 0.04
02/13/2033
BBG01F5V0F16
 7.250 Bond 20037.31
50,000
 Brazil USD --
Inter Pipeline Ltd/Ab 0.04
03/26/2079
BBG00NPHH8B6
 6.875 Bond 19896.12
25,000
 Canada CAD --
Transalta Corp 0.04
03/24/2032
BBG01T08GTB4
 5.625 Bond 19509.09
25,000
 Canada CAD --
Doman Building Materials Group Ltd 0.04
09/17/2029
BBG01PNN5F35
 7.500 Bond 19479.60
25,000
 Canada CAD --
Transalta Corp 0.04
03/24/2032
BBG01T022WT6
 5.625 Bond 19446.28
25,000
 Canada CAD --
Cogeco Communications Inc 0.04
02/27/2029
BBG01LNVK7B8
 6.125 Bond 19393.37
25,000
 Canada CAD --
Ats Corp 0.04
08/21/2032
BBG01P85Z1H4
 6.500 Bond 19332.19
25,000
 Canada CAD --
North American Energy Partners Inc 0.04
05/01/2030
BBG01TQ1TZ05
 7.750 Bond 19302.49
25,000
 Canada CAD --
Brookfield Property Finance Ulc 0.04
02/13/2028
BBG01F6NJ0V3
 7.125 Bond 19216.15
25,000
 Canada CAD --
Altagas Ltd 0.04
08/17/2082
BBG01922BRF4
 7.350 Bond 19136.07
25,000
 Canada CAD --
Cineplex Inc 0.04
03/31/2029
BBG01LK9GSV7
 7.625 Bond 19097.37
25,000
 Canada CAD --
Keyera Corp 0.04
10/15/2055
BBG01X9ZZSH1
 6.000 Bond 19022.74
25,000
 Canada CAD --
Sleep Country Canada Holdings Inc 0.04
11/28/2032
BBG01QYFBZQ2
 6.625 Bond 18972.96
25,000
 Canada CAD --
Tamarack Valley Energy Ltd 0.04
05/10/2027
BBG0152YZMR4
 7.250 Bond 18843.65
25,000
 Canada CAD --
Peru Lng Srl 0.04
03/22/2030
BBG00KB82RQ5
 5.375 Bond 18729.80
18,753
 Peru USD --
Laurentian Bank Of Canada 0.04
06/15/2032
BBG0169YGX10
 5.095 Bond 18727.89
25,000
 Canada CAD --
Gibson Energy Inc 0.04
12/22/2080
BBG00YGLCGY5
 5.250 Bond 18652.01
25,000
 Canada CAD --
Recipe Unltd Corp/Societe De Re Cettes 0.04
01/29/2033
BBG01Y4J2HL5
 5.700 Bond 18649.88
25,000
 Canada CAD --
Secure Energy Services Inc 0.04
11/20/2032
BBG01YJKP4R4
 5.750 Bond 18637.82
25,000
 Canada CAD --
Superior Plus Lp 0.03
05/18/2028
BBG010H509T7
 4.250 Bond 18436.49
25,000
 Canada CAD --
Braskem Netherlands Finance Bv 0.03
01/31/2050
BBG00QQ65JL0
 5.875 Bond 18304.68
50,000
 Brazil USD --
Kronos Acquisition Holdings Inc 0.03
06/30/2031
BBG01NH93523
 8.250 Bond 17928.96
25,000
 United States USD --
Mv24 Capital Bv 0.03
06/01/2034
BBG00PWN9WQ0
 6.748 Bond 17798.18
17,351
 Brazil USD --
Goeasy Ltd 0.03
12/01/2028
BBG01K4JHPS4
 9.250 Bond 15382.57
15,000
 Canada USD --
Goeasy Ltd 0.03
07/01/2029
BBG01LM17SJ6
 7.625 Bond 14462.19
15,000
 Canada USD --
Dye & Durham Ltd 0.02
04/15/2029
BBG01M7TZ180
 8.625 Bond 13177.86
15,000
 Canada USD --
Altagas Ltd 0.02
01/11/2082
BBG014DCZNQ2
 5.250 Bond 11192.15
15,000
 Canada CAD --
Ardagh Packaging Finance Plc / Ardagh H 0.02
08/15/2027
--
5.250 Bond 10260.00
30,000
 Luxembourg USD --
Bombardier Inc 0.02
02/15/2028
BBG0122ZBW29
 6.000 Bond 8029.22
8,000
 Canada USD --
Corus Entertainment Inc 0.01
05/11/2028
BBG0109ZR5H2
 5.000 Bond 6419.17
25,000
 Canada CAD --
Bakrie Telecom Pte Ltd 0.00
01/01/2099
BBG00006Z907
 11.500 Bond 1312.50
150,000
 Indonesia USD --
Abengoa Abenewco 2 Sa 0.00
10/26/2026
BBG00P1GDRN8
 1.500 Bond 632.65
63,265
 Spain USD --
Abengoa Sa 0.00
03/31/2027
BBG0000CMY94
 -- Bond 589.30
100,000
 Spain EUR --
Abengoa Abenewco 2 Sa 0.00
10/26/2026
BBG00P1H0V60
 1.500 Bond 104.39
63,265
 Spain USD --
Digicel Group Holdings Ltd 0.00
12/31/2030
BBG01KFKHGF3
 -- Bond 0.00
31,361
 Bermuda USD --
0.69
--
--
-- Cash Bal 369389.80
369,390
 United States USD --
0.52
--
--
-- Cash Bal 275184.14
233,950
 Europe EUR --
0.43
--
--
-- Cash Bal 227588.87
169,155
 United Kingdom GBP --
0.08
--
--
-- Cash Bal 41594.69
56,916
 Canada CAD --
Other/Cash -0.09
--
--
-- Cash -45680.21
0
 -- USD --
← Scroll for more information →
Country of risk is defined using the International Organization for Standardization’s (ISO) country codes which take four factors into account (listed in order of importance): management location, country of primary listing, country of revenue and reporting currency of the issuer. Management location is defined by country of domicile unless location of such key players as the CEO, CFO, COO or General Counsel is otherwise.

Portfolio

Currency Exposure (%) as of 01/31/2026

U.S. Dollar 52.99
Euro 40.44
British Pound 3.68
Canadian Dollar 1.42
Other/Cash 1.46

Credit Quality (%) as of 01/31/2026

Composite % of Net Assets
Investment Grade BBB 2.41
Non-Investment Grade BB 60.65
B 31.00
CCC 2.07
C 0.01
Total Investment Grade -- 2.41
Total Non-Investment Grade -- 93.73
Not Rated -- 2.40
If more than one rating is available for an underlying security, the lower of the two ratings is used. If a bond issued by a national government, national government agency or supranational issuer is not rated, the issuer’s credit rating will be used. If two issuer ratings are available, the lower of the two is used. If only one rating is available in all scenarios, we will use the rating provided. If no rating is available, the security will be not rated. Not rated securities do not necessarily indicate lower credit quality. Ratings and portfolio credit quality may change over time.

Maturity (%) as at 01/31/2026

  • Years

    Maturity (%)

  • < 1

    0.10

  • 1 - 3

    21.50

  • 3 - 5

    38.10

  • 5 - 7

    17.30

  • 7 - 10

    6.70

  • 10 - 15

    1.80

  • 15 - 20

    1.10

  • 20 - 30

    5.50

  • 30 +

    7.80

Distributions

Distribution History

Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
Ex-date Record
Date 		Payable date Dividend
Income‡ 		Short-Term
Capital Gains 		Long-Term
Capital Gains 		Return of
Capital 		Total
Distributions
02/02/2026 02/02/2026 02/05/2026 $ 0.0987 -- -- -- $ 0.10
12/29/2025 12/29/2025 12/31/2025 $ 0.1283 -- -- -- $ 0.13
11/28/2025 11/28/2025 12/03/2025 $ 0.0970 -- -- -- $ 0.10
11/03/2025 11/03/2025 11/06/2025 $ 0.1023 -- -- -- $ 0.10
10/01/2025 10/01/2025 10/06/2025 $ 0.0977 -- -- -- $ 0.10
09/02/2025 09/02/2025 09/05/2025 $ 0.0976 -- -- -- $ 0.10
08/01/2025 08/01/2025 08/06/2025 $ 0.1026 -- -- -- $ 0.10
07/01/2025 07/01/2025 07/07/2025 $ 0.0842 -- -- -- $ 0.08
06/02/2025 06/02/2025 06/05/2025 $ 0.1004 -- -- -- $ 0.10
05/01/2025 05/01/2025 05/06/2025 $ 0.0880 -- -- -- $ 0.09
04/01/2025 04/01/2025 04/04/2025 $ 0.1016 -- -- -- $ 0.10
03/03/2025 03/03/2025 03/06/2025 $ 0.0698 -- -- -- $ 0.07
02/03/2025 02/03/2025 02/06/2025 $ 0.0996 -- -- -- $ 0.10
12/27/2024 12/27/2024 12/30/2024 $ 0.0814 -- -- $ 0.0203 $ 0.10
12/02/2024 12/02/2024 12/05/2024 $ 0.0808 -- -- $ 0.0202 $ 0.10
11/01/2024 11/01/2024 11/06/2024 $ 0.0790 -- -- $ 0.0197 $ 0.10
10/01/2024 10/01/2024 10/04/2024 $ 0.0761 -- -- $ 0.0190 $ 0.10
09/03/2024 09/03/2024 09/06/2024 $ 0.0775 -- -- $ 0.0194 $ 0.10
08/01/2024 08/01/2024 08/06/2024 $ 0.0738 -- -- $ 0.0184 $ 0.09
07/01/2024 07/01/2024 07/05/2024 $ 0.0795 -- -- $ 0.0199 $ 0.10
06/03/2024 06/03/2024 06/06/2024 $ 0.0807 -- -- $ 0.0202 $ 0.10
04/23/2024 04/24/2024 04/29/2024 $ 0.0673 -- -- $ 0.0268 $ 0.09
04/01/2024 04/02/2024 04/05/2024 $ 0.0691 -- -- $ 0.0275 $ 0.10
03/01/2024 03/04/2024 03/07/2024 $ 0.0572 -- -- $ 0.0227 $ 0.08
02/01/2024 02/02/2024 02/07/2024 $ 0.0648 -- -- $ 0.0257 $ 0.09
12/27/2023 12/28/2023 12/29/2023 $ 0.0837 -- -- $ 0.0179 $ 0.10
12/01/2023 12/04/2023 12/07/2023 $ 0.0697 -- -- $ 0.0150 $ 0.08
11/01/2023 11/02/2023 11/07/2023 $ 0.0714 -- -- $ 0.0153 $ 0.09
10/02/2023 10/03/2023 10/06/2023 $ 0.0911 -- -- $ 0.0195 $ 0.11
09/01/2023 09/05/2023 09/08/2023 $ 0.0756 -- -- $ 0.0162 $ 0.09
08/01/2023 08/02/2023 08/10/2023 $ 0.0760 -- -- $ 0.0163 $ 0.09
07/03/2023 07/05/2023 07/07/2023 $ 0.0680 -- -- $ 0.0146 $ 0.08
06/01/2023 06/02/2023 06/07/2023 $ 0.0874 -- -- $ 0.0188 $ 0.11
04/24/2023 04/25/2023 04/28/2023 $ 0.0857 -- -- $ 0.0262 $ 0.11
04/03/2023 04/04/2023 04/10/2023 $ 0.0876 -- -- $ 0.0268 $ 0.11
03/01/2023 03/02/2023 03/07/2023 $ 0.0779 -- -- $ 0.0238 $ 0.10
02/01/2023 02/02/2023 02/07/2023 $ 0.0908 -- -- $ 0.0278 $ 0.12
12/28/2022 12/29/2022 12/30/2022 $ 0.0881 -- -- -- $ 0.09
12/01/2022 12/02/2022 12/07/2022 $ 0.0806 -- -- -- $ 0.08
11/01/2022 11/02/2022 11/07/2022 $ 0.0869 -- -- -- $ 0.09
10/03/2022 10/04/2022 10/07/2022 $ 0.0658 -- -- -- $ 0.07
09/01/2022 09/02/2022 09/08/2022 $ 0.0796 -- -- -- $ 0.08
08/01/2022 08/02/2022 08/05/2022 $ 0.0818 -- -- -- $ 0.08
07/01/2022 07/05/2022 07/08/2022 $ 0.0823 -- -- -- $ 0.08
06/01/2022 06/02/2022 06/07/2022 $ 0.0872 -- -- -- $ 0.09
04/25/2022 04/26/2022 04/29/2022 $ 0.0869 -- -- -- $ 0.09
04/01/2022 04/04/2022 04/07/2022 $ 0.0843 -- -- -- $ 0.08
03/01/2022 03/02/2022 03/07/2022 $ 0.0759 -- -- -- $ 0.08
02/01/2022 02/02/2022 02/07/2022 $ 0.0797 -- -- -- $ 0.08
12/29/2021 12/30/2021 12/31/2021 $ 0.0872 -- -- -- $ 0.09
12/01/2021 12/02/2021 12/07/2021 $ 0.0854 -- -- -- $ 0.09
11/01/2021 11/02/2021 11/05/2021 $ 0.0930 -- -- -- $ 0.09
10/01/2021 10/04/2021 10/07/2021 $ 0.0884 -- -- -- $ 0.09
09/01/2021 09/02/2021 09/08/2021 $ 0.0949 -- -- -- $ 0.09
08/02/2021 08/03/2021 08/06/2021 $ 0.0937 -- -- -- $ 0.09
07/01/2021 07/02/2021 07/08/2021 $ 0.0841 -- -- -- $ 0.08
06/01/2021 06/02/2021 06/07/2021 $ 0.0952 -- -- -- $ 0.10
04/26/2021 04/27/2021 04/30/2021 $ 0.0955 -- -- $ 0.0066 $ 0.10
04/01/2021 04/05/2021 04/08/2021 $ 0.0985 -- -- $ 0.0068 $ 0.11
03/01/2021 03/02/2021 03/05/2021 $ 0.0852 -- -- $ 0.0059 $ 0.09
02/01/2021 02/02/2021 02/05/2021 $ 0.0971 -- -- $ 0.0068 $ 0.10
12/29/2020 12/30/2020 01/05/2021 $ 0.0988 -- -- $ 0.0050 $ 0.10
12/01/2020 12/02/2020 12/07/2020 $ 0.1020 -- -- $ 0.0051 $ 0.11
11/02/2020 11/03/2020 11/06/2020 $ 0.1016 -- -- $ 0.0051 $ 0.11
10/01/2020 10/02/2020 10/07/2020 $ 0.0963 -- -- $ 0.0048 $ 0.10
09/01/2020 09/02/2020 09/08/2020 $ 0.0940 -- -- $ 0.0047 $ 0.10
08/03/2020 08/04/2020 08/07/2020 $ 0.1038 -- -- $ 0.0052 $ 0.11
07/01/2020 07/02/2020 07/08/2020 $ 0.0893 -- -- $ 0.0045 $ 0.09
06/01/2020 06/02/2020 06/05/2020 $ 0.1082 -- -- $ 0.0054 $ 0.11
04/24/2020 04/27/2020 04/30/2020 $ 0.1112 -- -- $ 0.0241 $ 0.14
04/01/2020 04/02/2020 04/07/2020 $ 0.1025 -- -- $ 0.0222 $ 0.12
03/02/2020 03/03/2020 03/06/2020 $ 0.0966 -- -- $ 0.0209 $ 0.12
02/03/2020 02/04/2020 02/07/2020 $ 0.1024 -- -- $ 0.0222 $ 0.12
12/30/2019 12/31/2019 01/06/2020 $ 0.1050 -- -- -- $ 0.10
12/02/2019 12/03/2019 12/06/2019 $ 0.0975 -- -- -- $ 0.10
11/01/2019 11/04/2019 11/07/2019 $ 0.1122 -- -- -- $ 0.11
10/01/2019 10/02/2019 10/07/2019 $ 0.1137 -- -- -- $ 0.11
09/03/2019 09/04/2019 09/09/2019 $ 0.1084 -- -- -- $ 0.11
08/01/2019 08/02/2019 08/07/2019 $ 0.1046 -- -- -- $ 0.10
07/01/2019 07/02/2019 07/08/2019 $ 0.0667 -- -- -- $ 0.07
06/03/2019 06/04/2019 06/07/2019 $ 0.1368 -- -- -- $ 0.14
04/24/2019 04/25/2019 04/30/2019 $ 0.0962 -- -- $ 0.0145 $ 0.11
04/01/2019 04/02/2019 04/05/2019 $ 0.0989 -- -- $ 0.0149 $ 0.11
03/01/2019 03/04/2019 03/07/2019 $ 0.0825 -- -- $ 0.0124 $ 0.09
02/01/2019 02/04/2019 02/07/2019 $ 0.0989 -- -- $ 0.0149 $ 0.11
12/27/2018 12/28/2018 01/03/2019 $ 0.0904 -- -- -- $ 0.09
12/03/2018 12/04/2018 12/07/2018 $ 0.0908 -- -- -- $ 0.09
11/01/2018 11/02/2018 11/07/2018 $ 0.1134 -- -- -- $ 0.11
10/01/2018 10/02/2018 10/05/2018 $ 0.0953 -- -- -- $ 0.10
09/04/2018 09/05/2018 09/10/2018 $ 0.0925 -- -- -- $ 0.09
08/01/2018 08/02/2018 08/07/2018 $ 0.0944 -- -- -- $ 0.09
07/02/2018 07/03/2018 07/09/2018 $ 0.0928 -- -- -- $ 0.09
06/01/2018 06/04/2018 06/07/2018 $ 0.0953 -- -- -- $ 0.10
04/24/2018 04/25/2018 04/30/2018 $ 0.0870 -- -- $ 0.0373 $ 0.12
04/02/2018 04/03/2018 04/06/2018 $ 0.0886 -- -- $ 0.0380 $ 0.13
03/01/2018 03/02/2018 03/07/2018 $ 0.0617 -- -- $ 0.0264 $ 0.09
02/01/2018 02/02/2018 02/07/2018 $ 0.0980 -- -- $ 0.0420 $ 0.14
12/27/2017 12/28/2017 01/03/2018 $ 0.0937 -- -- -- $ 0.09
12/01/2017 12/04/2017 12/07/2017 $ 0.0894 -- -- -- $ 0.09
11/01/2017 11/02/2017 11/07/2017 $ 0.0921 -- -- -- $ 0.09
10/02/2017 10/03/2017 10/06/2017 $ 0.0762 -- -- -- $ 0.08
09/01/2017 09/06/2017 09/08/2017 $ 0.0963 -- -- -- $ 0.10
08/01/2017 08/03/2017 08/07/2017 $ 0.0910 -- -- -- $ 0.09
07/03/2017 07/06/2017 07/10/2017 $ 0.0946 -- -- -- $ 0.09
06/01/2017 06/05/2017 06/07/2017 $ 0.1012 -- -- -- $ 0.10
05/01/2017 05/03/2017 05/05/2017 $ 0.0870 -- -- -- $ 0.09
04/03/2017 04/05/2017 04/07/2017 $ 0.1048 -- -- $ 0.1048 $ 0.21
03/01/2017 03/03/2017 03/07/2017 $ 0.0847 -- -- $ 0.0847 $ 0.17
02/01/2017 02/03/2017 02/07/2017 $ 0.1080 -- -- $ 0.1080 $ 0.22
12/28/2016 12/30/2016 01/04/2017 $ 0.0921 -- -- $ 0.0059 $ 0.10
12/01/2016 12/05/2016 12/07/2016 $ 0.0940 -- -- $ 0.0060 $ 0.10
11/01/2016 11/03/2016 11/07/2016 $ 0.0973 -- -- $ 0.0062 $ 0.10
10/03/2016 10/05/2016 10/07/2016 $ 0.1000 -- -- $ 0.0064 $ 0.11
09/01/2016 09/06/2016 09/08/2016 $ 0.1000 -- -- $ 0.0064 $ 0.11
08/01/2016 08/03/2016 08/05/2016 $ 0.1038 -- -- $ 0.0066 $ 0.11
07/01/2016 07/06/2016 07/08/2016 $ 0.1040 -- -- $ 0.0066 $ 0.11
06/01/2016 06/03/2016 06/07/2016 $ 0.1000 -- -- $ 0.0064 $ 0.11
05/02/2016 05/04/2016 05/06/2016 $ 0.0994 -- -- $ 0.0063 $ 0.11
04/01/2016 04/05/2016 04/07/2016 $ 0.1120 -- -- $ 0.1042 $ 0.22
03/01/2016 03/03/2016 03/07/2016 $ 0.0960 -- -- $ 0.0893 $ 0.19
02/01/2016 02/03/2016 02/05/2016 $ 0.1179 -- -- $ 0.1096 $ 0.23
12/29/2015 12/31/2015 01/05/2016 $ 0.1090 -- -- -- $ 0.11
12/01/2015 12/03/2015 12/07/2015 $ 0.1054 -- -- -- $ 0.11
11/02/2015 11/04/2015 11/06/2015 $ 0.1100 -- -- -- $ 0.11
10/01/2015 10/05/2015 10/07/2015 $ 0.0996 -- -- -- $ 0.10
09/01/2015 09/03/2015 09/08/2015 $ 0.1180 -- -- -- $ 0.12
08/03/2015 08/05/2015 08/07/2015 $ 0.1218 -- -- -- $ 0.12
07/01/2015 07/06/2015 07/08/2015 $ 0.1040 -- -- -- $ 0.10
06/01/2015 06/03/2015 06/05/2015 $ 0.1100 -- -- -- $ 0.11
05/01/2015 05/05/2015 05/07/2015 $ 0.0990 -- -- -- $ 0.10
04/01/2015 04/06/2015 04/08/2015 $ 0.1150 -- -- $ 0.1035 $ 0.22
03/02/2015 03/04/2015 03/06/2015 $ 0.1000 -- -- $ 0.0900 $ 0.19
02/02/2015 02/04/2015 02/06/2015 $ 0.1112 -- -- $ 0.1001 $ 0.21
12/29/2014 12/31/2014 01/05/2015 $ 0.1230 -- -- -- $ 0.12
12/01/2014 12/03/2014 12/05/2014 $ 0.1100 -- -- -- $ 0.11
11/03/2014 11/05/2014 11/07/2014 $ 0.1160 -- -- -- $ 0.12
10/01/2014 10/03/2014 10/07/2014 $ 0.1150 -- -- -- $ 0.12
09/02/2014 09/04/2014 09/08/2014 $ 0.1220 -- -- -- $ 0.12
08/01/2014 08/05/2014 08/07/2014 $ 0.1220 -- -- -- $ 0.12
07/01/2014 07/03/2014 07/08/2014 $ 0.1100 -- -- -- $ 0.11
06/02/2014 06/04/2014 06/06/2014 $ 0.1220 -- -- -- $ 0.12
05/01/2014 05/05/2014 05/07/2014 $ 0.1170 -- -- -- $ 0.12
04/01/2014 04/03/2014 04/07/2014 $ 0.1220 -- -- -- $ 0.12
03/03/2014 03/05/2014 03/07/2014 $ 0.1100 -- -- -- $ 0.11
02/03/2014 02/05/2014 02/07/2014 $ 0.1200 -- -- -- $ 0.12
12/27/2013 12/31/2013 01/03/2014 $ 0.1200 $ 0.0455 -- -- $ 0.17
12/02/2013 12/04/2013 12/06/2013 $ 0.1550 -- -- -- $ 0.15
11/01/2013 11/05/2013 11/07/2013 $ 0.3100 -- -- -- $ 0.31
10/01/2013 10/03/2013 10/07/2013 $ 0.1280 -- -- -- $ 0.13
09/03/2013 09/05/2013 09/09/2013 $ 0.1290 -- -- -- $ 0.13
08/01/2013 08/05/2013 08/07/2013 $ 0.1320 -- -- -- $ 0.13
07/01/2013 07/03/2013 07/08/2013 $ 0.1170 -- -- -- $ 0.12
06/03/2013 06/05/2013 06/07/2013 $ 0.1292 -- -- -- $ 0.13
05/01/2013 05/03/2013 05/07/2013 $ 0.1150 -- -- -- $ 0.12
04/01/2013 04/03/2013 04/05/2013 $ 0.1355 -- -- -- $ 0.14
03/01/2013 03/05/2013 03/07/2013 $ 0.1180 -- -- -- $ 0.12
02/01/2013 02/05/2013 02/07/2013 $ 0.1312 -- -- -- $ 0.13
12/27/2012 12/31/2012 01/03/2013 $ 0.1310 -- -- -- $ 0.13
12/03/2012 12/05/2012 12/07/2012 $ 0.1160 -- -- -- $ 0.12
11/01/2012 11/05/2012 11/07/2012 $ 0.0390 -- -- -- $ 0.04
10/01/2012 10/03/2012 10/05/2012 $ 0.1350 -- -- -- $ 0.14
09/04/2012 09/07/2012 09/10/2012 $ 0.1420 -- -- -- $ 0.14
08/01/2012 08/03/2012 08/07/2012 $ 0.1420 -- -- -- $ 0.14
07/02/2012 07/05/2012 07/09/2012 $ 0.1345 -- -- -- $ 0.13
06/01/2012 06/05/2012 06/07/2012 $ 0.1920 -- -- -- $ 0.19

‡All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant VanEck ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information

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