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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
    $22.15

    as of February 17, 2026
  • YTD RETURNS
    1.31%

    as of February 17, 2026
  • Total Net Assets
    $53.16M

    as of February 17, 2026
  • Total Expense Ratio
    0.40%
  • Inception Date
    04/02/2012
  • 30-Day SEC Yield
    5.16%

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  02/17/2026

Distribution Frequency

Monthly

30-Day SEC Yield

5.16%

Distribution Yield

5.35%

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 5.16% on 02/17/26. 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 02/17/2026

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 $22.15
$22.16 		18,033
17,402 		$-0.02 / -0.10%
$-0.06 / -0.25% 		+1.31%
+1.18% 		$0.01
0.05% 		0.27%

Fees

Holdings

Daily Holdings (%) as of 02/17/2026

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 277184.71
275,000
 Mexico USD --
Electricite De France Sa 0.52
07/22/2064
BBG005TSHYD8
 5.875 Bond 274024.70
200,000
 France GBP --
Petroleos Mexicanos 0.48
01/23/2050
BBG00XKLY8D9
 7.690 Bond 254453.35
275,000
 Mexico USD --
British Telecommunications Plc 0.47
10/03/2054
BBG01M5D2J84
 5.125 Bond 251631.12
200,000
 United Kingdom EUR --
Banco Bpm Spa 0.47
11/26/2036
BBG01QXVDV03
 4.500 Bond 247683.29
200,000
 Italy EUR --
Wepa Hygieneprodukte Gmbh 0.47
01/15/2031
BBG01L0FT0K4
 5.625 Bond 247639.06
200,000
 Germany EUR --
Teva Pharmaceutical Finance Netherlands 0.47
05/09/2030
BBG0136TNQ18
 4.375 Bond 247154.62
200,000
 Netherlands EUR --
Bper Banca Spa 0.46
07/25/2032
BBG014LK64B5
 3.875 Bond 243823.21
200,000
 Italy EUR --
Ima Industria Macchine Automatiche Spa 0.45
01/15/2028
BBG00YG1WC85
 3.750 Bond 237313.51
200,000
 Italy EUR --
Inpost Sa 0.45
04/01/2031
BBG01X4PH3Y4
 4.000 Bond 236727.10
200,000
 Poland EUR --
Electricite De France Sa 0.44
09/15/2071
BBG00X6ZBM75
 3.375 Bond 232746.88
200,000
 France EUR --
Mundys Spa 0.44
02/12/2028
BBG00Z6NSJ30
 1.875 Bond 231902.17
200,000
 Italy EUR --
Telecom Italia Capital Sa 0.43
06/04/2038
BBG00000X252
 7.721 Bond 228448.48
200,000
 Italy USD --
Zf Europe Finance Bv 0.43
10/23/2029
BBG00QKHKDY4
 3.000 Bond 228292.02
200,000
 Germany EUR --
Yapi Ve Kredi Bankasi As 0.43
10/16/2028
BBG01J6F67Z7
 9.250 Bond 226618.90
200,000
 Turkey USD --
Vz Vendor Financing Ii Bv 0.43
01/15/2029
BBG00YG1TGD4
 2.875 Bond 226268.05
200,000
 Netherlands EUR --
State Oil Co Of The Azerbaijan Republic 0.42
03/18/2030
BBG00882VRP8
 6.950 Bond 222463.63
200,000
 Azerbaijan USD --
Otp Bank Nyrt 0.41
05/15/2033
BBG01F3K9HR1
 8.750 Bond 218336.19
200,000
 Hungary USD --
Alpha Star Holding Viii Ltd 0.40
04/12/2027
BBG01JLRW446
 8.375 Bond 212160.73
200,000
 United Arab Emirates USD --
Bapco Energies Bsc Closed 0.40
10/25/2027
BBG00HZYT9D4
 7.500 Bond 211500.00
200,000
 Bahrain USD --
Fibercop Spa 0.39
06/04/2038
BBG01NL845N6
 7.721 Bond 207949.68
200,000
 United States USD --
Dar Al-Arkan Sukuk Co Ltd 0.39
07/02/2030
BBG01VR86881
 7.250 Bond 206628.52
200,000
 Cayman Islands USD --
Softbank Group Corp 0.38
09/19/2027
BBG00HPCXC41
 5.125 Bond 203105.09
200,000
 Japan USD --
Cfamc Iii Co Ltd 0.38
11/07/2027
BBG00J3QGMZ3
 4.250 Bond 202112.32
200,000
 China USD --
Binghatti Sukuk 2 Spv Ltd 0.38
07/02/2029
BBG01XH55QQ5
 7.750 Bond 201123.14
200,000
 United Arab Emirates USD --
Softbank Group Corp 0.38
01/10/2031
BBG01VVF2T51
 6.875 Bond 199680.10
200,000
 Japan USD --
Samarco Mineracao Sa 0.37
06/30/2031
BBG01KH0FB04
 9.500 Bond 198787.43
195,874
 Brazil USD --
Softbank Group Corp 0.37
07/19/2067
BBG00H33CYF8
 6.875 Bond 196255.74
200,000
 Japan USD --
Upl Corp Ltd 0.36
06/16/2030
BBG00VCMHVJ2
 4.625 Bond 192279.09
200,000
 Mauritius USD --
Vodafone Group Plc 0.36
04/04/2079
BBG00NR6TKJ0
 7.000 Bond 190374.63
175,000
 United Kingdom USD --
Grupo Nutresa Sa 0.33
05/12/2035
BBG01TVRY5T1
 9.000 Bond 173332.50
150,000
 Colombia USD --
Nissan Motor Co Ltd 0.32
09/17/2030
BBG00X7YT6N5
 4.810 Bond 169718.35
175,000
 Japan USD --
Genmab A/S/Genmab Finance Llc 0.30
12/15/2032
BBG01YGQ23X4
 6.250 Bond 157535.02
150,000
 Denmark USD --
Aroundtown Finance Sarl 0.30
11/07/2074
BBG01MNZP0J9
 7.875 Bond 157334.74
150,000
 Luxembourg USD --
Belron Uk Finance Plc 0.29
10/15/2029
BBG01Q32YVC4
 5.750 Bond 156321.99
150,000
 United Kingdom USD --
Aes Panama Generation Holdings Srl 0.29
05/31/2030
BBG00WLL1Y58
 4.375 Bond 156307.70
163,364
 Panama USD --
Vodafone Group Plc 0.29
08/30/2086
BBG01GSLNZH5
 8.000 Bond 153717.45
100,000
 United Kingdom GBP --
Nissan Motor Co Ltd 0.29
09/17/2027
BBG00X7YS2P3
 4.345 Bond 152105.30
150,000
 Japan USD --
Altice France Sa 0.28
11/01/2029
BBG01XFCMZX5
 7.250 Bond 151080.60
123,717
 France EUR --
Global Aircraft Leasing Co Ltd 0.28
09/01/2027
BBG01P6VXL50
 8.750 Bond 150788.44
140,000
 Cayman Islands USD --
Edge Finco Plc 0.28
08/15/2031
BBG01Q33CRW3
 8.125 Bond 149317.37
100,000
 United Kingdom GBP --
Electricite De France Sa 0.28
03/17/2075
BBG01PP18479
 7.375 Bond 147766.34
100,000
 France GBP --
Petroleos Mexicanos 0.28
01/28/2031
BBG00XKLXL14
 5.950 Bond 147473.32
150,000
 Mexico USD --
Petroleos Mexicanos 0.28
06/15/2035
BBG000098L86
 6.625 Bond 146381.46
150,000
 Mexico USD --
Boots Group Finco Lp 0.28
08/31/2032
BBG01W397K49
 7.375 Bond 146248.73
100,000
 United States GBP --
B&M European Value Retail Sa 0.27
11/15/2030
BBG01K4FP2S4
 8.125 Bond 144454.16
100,000
 United Kingdom GBP --
Jerrold Finco Plc 0.27
04/15/2030
BBG01M5DX679
 7.875 Bond 143345.28
100,000
 United Kingdom GBP --
Dresdner Funding Trust I 0.26
06/30/2031
BBG0000259Q1
 8.151 Bond 138548.39
125,000
 Germany USD --
Air France-Klm 0.26
05/31/2028
BBG01C6ZFD76
 8.125 Bond 137164.71
100,000
 France EUR --
Teva Pharmaceutical Finance Netherlands 0.26
09/15/2029
BBG01FNWDH25
 7.375 Bond 137048.75
100,000
 Netherlands EUR --
Accor Sa 0.26
04/11/2074
BBG01JLS20H1
 7.250 Bond 136836.28
100,000
 France EUR --
Saavi Energia Sarl 0.26
02/10/2035
BBG01S4PQ936
 8.875 Bond 136482.34
125,000
 Luxembourg USD --
Telefonica Europe Bv 0.25
09/07/2074
BBG01J3W8ZG0
 6.750 Bond 135505.75
100,000
 Netherlands EUR --
Bayer Ag 0.25
09/25/2083
BBG01JG299X0
 7.000 Bond 134252.40
100,000
 Germany EUR --
Telefonica Europe Bv 0.25
05/03/2074
BBG01DC6BPT4
 6.135 Bond 133385.31
100,000
 Netherlands EUR --
National Bank Of Greece Sa 0.25
01/03/2034
BBG01JJ37CH8
 8.000 Bond 133265.97
100,000
 Greece EUR --
Lhmc Finco 2 Sarl 0.25
05/15/2030
BBG01TT1BNW3
 8.625 Bond 132994.07
104,766
 Luxembourg EUR --
Cpi Property Group Sa 0.25
01/22/2028
BBG00RDG2W98
 2.750 Bond 132248.05
100,000
 Luxembourg GBP --
Telefonica Europe Bv 0.25
04/15/2075
BBG01LV3QX00
 5.752 Bond 132042.43
100,000
 Netherlands EUR --
Heathrow Finance Plc 0.25
09/01/2029
BBG00QTXHV01
 4.625 Bond 131958.30
100,000
 United Kingdom GBP --
Banca Ifis Spa 0.25
02/27/2029
BBG01LLZ1BQ7
 5.500 Bond 131911.93
100,000
 Italy EUR --
Webuild Spa 0.25
09/27/2028
BBG01JFH97L5
 7.000 Bond 131337.57
100,000
 Italy EUR --
Var Energi Asa 0.25
11/15/2083
BBG01K1XB5F0
 7.862 Bond 130831.41
100,000
 Norway EUR --
Fibercop Spa 0.25
07/31/2028
BBG01NLGHQX7
 7.875 Bond 130700.21
100,000
 United States EUR --
Alpha Bank Sa 0.25
09/13/2034
BBG01N5CJPY3
 6.000 Bond 130664.19
100,000
 Greece EUR --
Ams-Osram Ag 0.25
03/30/2029
BBG01K4G61H7
 10.500 Bond 130564.56
100,000
 Austria EUR --
New Immo Holding Sa 0.25
03/22/2029
BBG01JDFZZP6
 6.000 Bond 130371.02
100,000
 France EUR --
Petroleos Mexicanos 0.25
09/21/2047
BBG00FM535P8
 6.750 Bond 130347.87
150,000
 Mexico USD --
Eurofins Scientific Se 0.24
12/31/2049
BBG01CCV3F85
 6.750 Bond 130191.21
100,000
 France EUR --
Saipem Finance International Bv 0.24
05/30/2030
BBG01N088FQ0
 4.875 Bond 129894.07
100,000
 Netherlands EUR --
Tennet Holding Bv 0.24
04/01/2032
BBG01LY08T93
 4.875 Bond 129442.11
100,000
 Netherlands EUR --
New Immo Holding Sa 0.24
04/17/2028
BBG01MBYJ538
 5.875 Bond 128851.14
100,000
 France EUR --
Metro Ag 0.24
03/05/2030
BBG01SHZSY97
 4.000 Bond 128845.10
100,000
 Germany EUR --
Alstom Sa 0.24
12/31/2049
BBG01N07Q5P5
 5.868 Bond 128764.44
100,000
 France EUR --
Abertis Infraestructuras Finance Bv 0.24
02/28/2075
BBG01QXJ9BY2
 4.870 Bond 128115.00
100,000
 Netherlands EUR --
Bellis Acquisition Co Plc 0.24
05/14/2030
BBG01MNJSDH6
 8.125 Bond 128096.33
100,000
 United Kingdom GBP --
Alstria Office Reit-Ag 0.24
03/20/2031
BBG01SRM1GG5
 5.500 Bond 128037.01
100,000
 Germany EUR --
Energo - Pro As 0.24
05/27/2030
BBG01TW2P4Q1
 8.000 Bond 127957.75
100,000
 Czech Republic EUR --
Luna 1.5 Sarl 0.24
07/01/2032
BBG01WH3DTJ5
 10.500 Bond 127681.79
100,000
 Luxembourg EUR --
Engineering - Ingegneria Informatica - 0.24
05/15/2028
BBG01GJV2S46
 11.125 Bond 127671.21
100,000
 Italy EUR --
Piraeus Bank Sa 0.24
09/18/2035
BBG01PNLTN45
 5.375 Bond 127656.79
100,000
 Greece EUR --
Zf North America Capital Inc 0.24
04/23/2032
BBG01MG436C4
 6.875 Bond 127654.10
125,000
 United States USD --
Prysmian Spa 0.24
12/31/2049
BBG01TYD7GC3
 5.250 Bond 127301.89
100,000
 Italy EUR --
Edp Sa 0.24
09/16/2054
BBG01PNL53P2
 4.625 Bond 127282.09
100,000
 Portugal EUR --
Iliad Sa 0.24
02/15/2030
BBG01F5S4K18
 5.625 Bond 127279.63
100,000
 France EUR --
Edp Sa 0.24
05/29/2054
BBG01N07D7S2
 4.750 Bond 126852.12
100,000
 Portugal EUR --
Virgin Media Secured Finance Plc 0.24
01/15/2030
BBG00QG1H2Z1
 4.250 Bond 126828.94
100,000
 United Kingdom GBP --
Rci Banque Sa 0.24
10/09/2034
BBG01NH7FJV2
 5.500 Bond 126823.19
100,000
 France EUR --
Essendi Sa 0.24
10/15/2029
BBG01PSNKHP5
 6.375 Bond 126731.57
100,000
 Luxembourg EUR --
Finnair Oyj 0.24
05/24/2029
BBG01MVPDP19
 4.750 Bond 126707.46
100,000
 Finland EUR --
Schaeffler Ag 0.24
03/28/2030
BBG01M429GJ6
 4.500 Bond 126674.87
100,000
 Germany EUR --
Boots Group Finco Lp 0.24
08/31/2032
BBG01W38BPZ1
 5.375 Bond 126247.95
100,000
 United States EUR --
A2a Spa 0.24
12/31/2049
BBG01N5B1BP5
 5.000 Bond 126016.05
100,000
 Italy EUR --
Iliad Sa 0.24
06/14/2027
BBG01BW9JZT0
 5.375 Bond 125868.39
100,000
 France EUR --
Schaeffler Ag 0.24
08/14/2029
BBG01KWLJT53
 4.750 Bond 125710.98
100,000
 Germany EUR --
Valeo Se 0.24
04/11/2030
BBG01M9GLHB2
 4.500 Bond 125451.23
100,000
 France EUR --
Trivium Packaging Finance Bv 0.24
07/15/2030
BBG01V4239Q0
 6.625 Bond 125421.77
100,000
 Netherlands EUR --
Banca Transilvania Sa 0.24
09/30/2030
BBG01Q06GZ11
 5.125 Bond 125391.09
100,000
 Romania EUR --
Iho Verwaltungs Gmbh 0.24
05/15/2028
BBG01G12YF15
 8.750 Bond 125282.72
100,000
 Germany EUR --
Petroleos Mexicanos 0.24
01/28/2060
BBG00XKLYGH7
 6.950 Bond 125105.13
150,000
 Mexico USD --
Nidda Healthcare Holding Gmbh 0.24
02/21/2030
BBG01Q6TN3J9
 5.625 Bond 125092.33
100,000
 Germany EUR --
Petroleos Mexicanos 0.24
02/26/2029
BBG00KXPPSX8
 4.750 Bond 125089.02
100,000
 Mexico EUR --
Fnac Darty Sa 0.24
04/01/2029
BBG01M2CM426
 6.000 Bond 125066.22
100,000
 France EUR --
Forvia Se 0.24
06/15/2030
BBG01SX2CN93
 5.625 Bond 124965.82
100,000
 France EUR --
Nexans Sa 0.24
05/29/2029
BBG01N07TD39
 4.125 Bond 124952.80
100,000
 France EUR --
Koninklijke Kpn Nv 0.24
12/21/2072
BBG019LTDL83
 6.000 Bond 124890.51
100,000
 Netherlands EUR --
Czechoslovak Group As 0.23
01/10/2031
BBG01VQYYKM1
 5.250 Bond 124820.79
100,000
 Czech Republic EUR --
Volvo Car Ab 0.23
05/31/2028
BBG017QJS4Q6
 4.250 Bond 124680.03
100,000
 Sweden EUR --
Infrastrutture Wireless Italiane Spa 0.23
04/01/2030
BBG01T1WYGB8
 3.750 Bond 124628.64
100,000
 Italy EUR --
Cidron Aida Finco Sarl 0.23
10/27/2031
BBG01T4LH210
 7.000 Bond 124624.90
100,000
 Luxembourg EUR --
Rossini Sarl 0.23
12/31/2029
BBG01NP68348
 6.750 Bond 124555.29
100,000
 Luxembourg EUR --
Iliad Holding Sas 0.23
04/15/2030
BBG01QXJ7G91
 5.375 Bond 124485.78
100,000
 France EUR --
Picard Groupe Sas 0.23
07/01/2029
BBG01NH85HB7
 6.375 Bond 124329.53
100,000
 France EUR --
Pinnacle Bidco Plc 0.23
10/11/2028
BBG01JJV30Y7
 8.250 Bond 124171.74
100,000
 United Kingdom EUR --
Amber Finco Plc 0.23
07/15/2029
BBG01NKW8L19
 6.625 Bond 124128.88
100,000
 United Kingdom EUR --
Unibail-Rodamco-Westfield Se 0.23
10/04/2075
BBG01T2Q2DC1
 4.875 Bond 123985.83
100,000
 France EUR --
Veolia Environnement Sa 0.23
08/20/2075
BBG01TYV7555
 4.371 Bond 123980.26
100,000
 France EUR --
Techem Verwaltungsgesellschaft 675 Mbh 0.23
07/15/2029
BBG01MBKQN04
 5.375 Bond 123890.71
100,000
 Germany EUR --
Boels Topholding Bv 0.23
05/15/2030
BBG01MG2C923
 5.750 Bond 123886.69
100,000
 Netherlands EUR --
Ses Sa 0.23
06/24/2033
BBG01VKRF7X0
 4.875 Bond 123777.28
100,000
 Luxembourg EUR --
Eurobank Sa 0.23
04/30/2035
BBG01RXCS2C8
 4.250 Bond 123727.53
100,000
 Greece EUR --
Azelis Finance Nv 0.23
09/25/2029
BBG01PPNGHJ0
 4.750 Bond 123703.08
100,000
 Belgium EUR --
Forvia Se 0.23
06/15/2031
BBG01LR2M2L6
 5.500 Bond 123662.29
100,000
 France EUR --
Verisure Holding Ab 0.23
05/15/2030
BBG01MNJFHS9
 5.500 Bond 123595.27
100,000
 Sweden EUR --
Tui Cruises Gmbh 0.23
05/15/2030
BBG01QXJ0KJ8
 5.000 Bond 123559.83
100,000
 Germany EUR --
Opal Bidco Sas 0.23
03/31/2032
BBG01T0J02L5
 5.500 Bond 123479.11
100,000
 France EUR --
Progroup Ag 0.23
04/15/2031
BBG01M2DPTW3
 5.375 Bond 123424.48
100,000
 Germany EUR --
Currenta Group Holdings Sarl 0.23
05/15/2030
BBG01TVP8QJ9
 5.500 Bond 123404.87
100,000
 Luxembourg EUR --
Lottomatica Group Spa 0.23
06/01/2030
BBG01MV9PYN9
 5.375 Bond 123390.08
100,000
 Italy EUR --
Public Power Corp Sa 0.23
10/31/2031
BBG01QFY1FV1
 4.625 Bond 123308.81
100,000
 Greece EUR --
Seche Environnement Saca 0.23
03/25/2030
BBG01SWH14M0
 4.500 Bond 123197.77
100,000
 France EUR --
Matterhorn Telecom Sa 0.23
01/30/2030
BBG01RR68B85
 4.500 Bond 123105.41
100,000
 Luxembourg EUR --
Cma Cgm Sa 0.23
07/15/2029
BBG01NHB3LJ5
 5.500 Bond 123082.12
100,000
 France EUR --
Loarre Investments Sarl 0.23
05/15/2029
BBG0178HB399
 6.500 Bond 123022.25
100,000
 Luxembourg EUR --
Vivion Investments Sarl 0.23
02/28/2029
BBG01J3W9DH7
 6.500 Bond 122387.91
100,000
 Luxembourg EUR --
Softbank Group Corp 0.23
04/15/2028
BBG00KF09400
 5.000 Bond 122346.36
100,000
 Japan EUR --
Eircom Finance Dac 0.23
04/30/2031
BBG01TR27XX5
 5.000 Bond 122140.57
100,000
 Ireland EUR --
Softbank Group Corp 0.23
01/08/2029
BBG01NHGH4M3
 5.375 Bond 122079.88
100,000
 Japan EUR --
Fressnapf Holding Se 0.23
10/31/2031
BBG01QFY3QS9
 5.250 Bond 121603.60
100,000
 Germany EUR --
Tereos Finance Groupe I Sa 0.23
04/15/2028
BBG01CCNVHC3
 7.250 Bond 121273.74
100,000
 France EUR --
Metlen Energy & Metals Sa 0.23
10/17/2029
BBG01Q6BTJJ7
 4.000 Bond 121080.70
100,000
 Greece EUR --
Castellum Ab 0.23
01/01/2099
BBG0129033V0
 3.125 Bond 120919.00
100,000
 Sweden EUR --
Mbh Bank Nyrt 0.23
01/29/2030
BBG01RX1TYL1
 5.250 Bond 120916.13
100,000
 Hungary EUR --
1011778 Bc Ulc / New Red Finance Inc 0.23
02/15/2029
BBG00XY80957
 3.500 Bond 120777.41
125,000
 Canada USD --
Ardonagh Finco Ltd 0.23
02/15/2031
BBG01LC3NKY5
 6.875 Bond 120620.40
100,000
 United Kingdom EUR --
Schaeffler Ag 0.23
10/12/2028
BBG00XRR6GD2
 3.375 Bond 120373.68
100,000
 Germany EUR --
Teva Pharmaceutical Finance Netherlands 0.23
05/09/2027
BBG0136TNNQ8
 3.750 Bond 120327.18
100,000
 Netherlands EUR --
Edp Sa 0.23
12/02/2055
BBG01YRC95Z9
 4.375 Bond 120239.95
100,000
 Portugal EUR --
Zf Europe Finance Bv 0.23
01/31/2029
BBG01L5N8DM5
 4.750 Bond 120183.22
100,000
 Netherlands EUR --
Paprec Holding Sa 0.23
07/01/2028
BBG011JFZ815
 3.500 Bond 120157.16
100,000
 France EUR --
Gruenenthal Gmbh 0.23
05/15/2028
BBG010814Z05
 4.125 Bond 120046.32
100,000
 Germany EUR --
Vmed O2 Uk Financing I Plc 0.23
07/15/2031
BBG011K2BYS2
 4.500 Bond 120027.55
100,000
 United Kingdom GBP --
Sunrise Finco I Bv 0.23
05/15/2032
BBG01V563Z00
 4.625 Bond 120013.61
100,000
 Netherlands EUR --
United Group Bv 0.23
02/01/2030
BBG014GTYWY4
 5.250 Bond 119863.98
100,000
 Netherlands EUR --
Jaguar Land Rover Automotive Plc 0.23
07/15/2028
BBG011QKYKK9
 4.500 Bond 119742.49
100,000
 United Kingdom EUR --
Renault Sa 0.23
04/01/2028
BBG00ZS963N4
 2.500 Bond 119688.41
100,000
 France EUR --
Softbank Group Corp 0.22
09/19/2029
BBG00HPJL7F8
 4.000 Bond 119263.33
100,000
 Japan EUR --
Eutelsat Sa 0.22
07/13/2027
BBG00PD35882
 2.250 Bond 119194.93
100,000
 France EUR --
Ses Sa 0.22
09/12/2054
BBG01PKB6KD1
 5.500 Bond 119165.85
100,000
 Luxembourg EUR --
Heimstaden Bostad Ab 0.22
05/01/2071
BBG00Z1683Y5
 2.625 Bond 119070.45
100,000
 Sweden EUR --
Grifols Sa 0.22
10/15/2028
BBG012NHPYP2
 3.875 Bond 118978.18
100,000
 Spain EUR --
Ses Sa 0.22
01/14/2029
BBG017ZTW559
 3.500 Bond 118863.84
100,000
 Luxembourg EUR --
Nissan Motor Co Ltd 0.22
09/17/2028
BBG00X9BTJL7
 3.201 Bond 118855.08
100,000
 Japan EUR --
Q-Park Holding I Bv 0.22
03/01/2027
BBG00RMFKL67
 2.000 Bond 118804.13
100,000
 United States EUR --
Bayer Ag 0.22
11/12/2079
BBG00QT4YB55
 3.125 Bond 118530.91
100,000
 Germany EUR --
Verisure Midholding Ab 0.22
02/15/2029
BBG00YVS6VX8
 5.250 Bond 118501.47
100,000
 Sweden EUR --
Telenet Finance Luxembourg Notes Sarl 0.22
03/01/2028
BBG00JCPV9Q7
 3.500 Bond 118273.48
100,000
 Luxembourg EUR --
United Group Bv 0.22
02/15/2028
BBG00RHC2G52
 3.625 Bond 118218.88
100,000
 Netherlands EUR --
Citycon Treasury Bv 0.22
07/08/2031
BBG01T5STVX2
 5.375 Bond 118159.35
100,000
 Netherlands EUR --
International Game Technology Plc 0.22
04/15/2028
BBG00Q6WL5D6
 2.375 Bond 118095.45
100,000
 United Kingdom EUR --
Forvia Se 0.22
06/15/2027
BBG00QV15TC3
 2.375 Bond 118075.62
100,000
 France EUR --
Mahle Gmbh 0.22
05/14/2028
BBG010RS7YS5
 2.375 Bond 118050.06
100,000
 Germany EUR --
Odido Holding Bv 0.22
01/15/2029
BBG013YMPPH5
 3.750 Bond 117936.01
100,000
 Netherlands EUR --
Ngg Finance Plc 0.22
09/05/2082
BBG00Q41DZT2
 2.125 Bond 117818.38
100,000
 United Kingdom EUR --
Dufry One Bv 0.22
02/15/2027
BBG00QS9WC19
 2.000 Bond 117372.47
100,000
 Netherlands EUR --
Vmed O2 Uk Financing I Plc 0.22
04/15/2032
BBG01M5CYGN0
 5.625 Bond 117339.15
100,000
 United Kingdom EUR --
Veolia Environnement Sa 0.22
04/20/2169
BBG00XV8V6Z9
 2.500 Bond 117253.07
100,000
 France EUR --
Cab Selas 0.22
02/01/2028
BBG00Z1667H7
 3.375 Bond 117096.59
100,000
 France EUR --
Snf Group Saca 0.22
02/01/2029
BBG00XD11ZP4
 2.625 Bond 116960.76
100,000
 France EUR --
Flora Food Management Bv 0.22
07/02/2029
BBG01NC0VCR4
 6.875 Bond 116854.49
100,000
 Netherlands EUR --
Rexel Sa 0.22
06/15/2028
BBG010FN1YC2
 2.125 Bond 116670.01
100,000
 France EUR --
Bulgarian Energy Holding Ead 0.22
07/22/2028
BBG011RJGLQ3
 2.450 Bond 116545.10
100,000
 Bulgaria EUR --
Poste Italiane Spa 0.22
06/24/2072
BBG011F46LK6
 2.625 Bond 116470.18
100,000
 Italy EUR --
Nomad Foods Bondco Plc 0.22
06/24/2028
BBG011F3XBD8
 2.500 Bond 116455.02
100,000
 United Kingdom EUR --
Market Bidco Finco Plc 0.22
01/31/2031
BBG01VYDFF22
 6.750 Bond 116048.96
100,000
 United Kingdom EUR --
Telefonica Europe Bv 0.22
02/12/2170
BBG00Z4GPF10
 2.376 Bond 115774.19
100,000
 Netherlands EUR --
Bcp V Modular Services Finance Ii Plc 0.22
11/30/2028
BBG012VFPFX9
 4.750 Bond 115565.34
100,000
 United Kingdom EUR --
Orsted As 0.22
12/09/2099
BBG00R00V308
 1.750 Bond 115168.62
100,000
 Denmark EUR --
Almaviva-The Italian Innovation Co Spa 0.22
10/30/2030
BBG01QFZ9SW1
 5.000 Bond 115092.79
100,000
 Italy EUR --
Ecopetrol Sa 0.22
11/02/2031
BBG0136Y1ZJ2
 4.625 Bond 115073.39
125,000
 Colombia USD --
Rakuten Group Inc 0.22
04/15/2029
BBG01M7V9D79
 9.750 Bond 114812.64
100,000
 Japan USD --
Wintershall Dea Finance 2 Bv 0.22
01/20/2169
BBG00YVS7P79
 3.000 Bond 114715.54
100,000
 Netherlands EUR --
Softbank Group Corp 0.22
07/06/2029
BBG011MR1PW0
 3.375 Bond 114676.34
100,000
 Japan EUR --
Telecom Italia Spa/Milano 0.22
01/18/2029
BBG00YV01QT0
 1.625 Bond 114575.36
100,000
 Italy EUR --
Ineos Finance Plc 0.22
05/15/2028
BBG01F3Z6LN6
 6.625 Bond 114479.16
100,000
 United Kingdom EUR --
Eramet Sa 0.21
11/30/2029
BBG01N07JR66
 6.500 Bond 113402.66
100,000
 France EUR --
Valeo Se 0.21
08/03/2028
BBG011XTZZP3
 1.000 Bond 113386.48
100,000
 France EUR --
Zegona Finance Plc 0.21
07/15/2029
BBG01NL7CDB5
 6.750 Bond 112431.11
90,000
 United Kingdom EUR --
Ipd 3 Bv 0.21
06/15/2031
BBG01TR3KN97
 5.500 Bond 112385.27
100,000
 Netherlands EUR --
Holding D'Infrastructures Des Metiers D 0.21
09/16/2028
BBG012F0KZS7
 0.625 Bond 111645.39
100,000
 France EUR --
Allwyn Entertainment Financing Uk Plc 0.21
04/30/2030
BBG01G9HK8Q8
 7.250 Bond 111622.43
90,000
 United Kingdom EUR --
Loxam Sas 0.21
05/31/2029
BBG01KFNFRW6
 6.375 Bond 111395.64
90,000
 France EUR --
Teamsystem Spa 0.21
07/01/2031
BBG01VKR4F64
 5.000 Bond 110751.49
100,000
 Italy EUR --
Vmed O2 Uk Financing I Plc 0.21
01/31/2031
BBG00X6ZGSY7
 3.250 Bond 110458.65
100,000
 United Kingdom EUR --
Eg Global Finance Plc 0.21
11/30/2028
BBG01K200S63
 12.000 Bond 110448.23
100,000
 United Kingdom USD --
Iliad Holding Sas 0.21
04/15/2031
BBG01MNPY7J6
 8.500 Bond 110255.88
100,000
 France USD --
Turkiye Vakiflar Bankasi Tao 0.21
10/05/2034
BBG01NJ8TBL1
 8.994 Bond 109959.09
100,000
 Turkey USD --
Fidelis Insurance Holdings Ltd 0.21
06/15/2055
BBG01V47SXF1
 7.750 Bond 109718.08
100,000
 Bermuda USD --
Altice Financing Sa 0.21
01/15/2028
BBG00RBBHG54
 5.000 Bond 109709.66
150,000
 Luxembourg USD --
Ineos Finance Plc 0.21
04/15/2029
BBG01L7ZHZT0
 6.375 Bond 109178.08
100,000
 United Kingdom EUR --
Ocp Sa 0.20
04/25/2044
BBG006BRH1Q5
 6.875 Bond 108004.23
100,000
 Morocco USD --
Ithaca Energy North Sea Plc 0.20
10/15/2029
BBG01Q75MTP7
 8.125 Bond 107828.01
100,000
 United Kingdom USD --
Turkiye Is Bankasi As 0.20
06/12/2029
BBG01N67MNY4
 7.750 Bond 107786.11
100,000
 Turkey USD --
Albion Financing 1 Sarl / Aggreko Holdi 0.20
05/21/2030
BBG01TYXTNH5
 7.000 Bond 107716.64
100,000
 Luxembourg USD --
Mineral Resources Ltd 0.20
04/01/2031
BBG01XH51709
 7.000 Bond 107497.60
100,000
 Australia USD --
Latam Airlines Group Sa 0.20
04/15/2030
BBG01Q3N0BS2
 7.875 Bond 107387.50
100,000
 Chile USD --
Bell Telephone Co Of Canada Or Bell Can 0.20
09/15/2055
BBG01S8F16R1
 6.875 Bond 107364.27
100,000
 Canada USD --
Nickel Industries Ltd 0.20
09/30/2030
BBG01XHJXTJ6
 9.000 Bond 106892.84
100,000
 Indonesia USD --
Akbank Tas 0.20
01/20/2030
BBG01N9SPR37
 7.498 Bond 106782.05
100,000
 Turkey USD --
Turkiye Sinai Kalkinma Bankasi As 0.20
10/17/2029
BBG01Q75YTN6
 7.125 Bond 106778.72
100,000
 Turkey USD --
Ford Otomotiv Sanayi As 0.20
04/25/2029
BBG01MD8S542
 7.125 Bond 106768.46
100,000
 Turkey USD --
Tgs Asa 0.20
01/15/2030
BBG01QXJ4P67
 8.500 Bond 106696.38
100,000
 Norway USD --
Turk Telekomunikasyon As 0.20
05/20/2029
BBG01MRRB516
 7.375 Bond 106664.88
100,000
 Turkey USD --
Cerdia Finanz Gmbh 0.20
10/03/2031
BBG01PZSJ379
 9.375 Bond 106648.17
100,000
 Germany USD --
Iho Verwaltungs Gmbh 0.20
11/15/2030
BBG01Q33MTD9
 7.750 Bond 106620.81
100,000
 Germany USD --
Calderys Financing Llc 0.20
06/01/2028
BBG01GHN1S92
 11.250 Bond 106499.10
100,000
 United States USD --
Zegona Finance Plc 0.20
07/15/2029
BBG01NL55GF6
 8.625 Bond 106384.70
100,000
 United Kingdom USD --
Mineral Resources Ltd 0.20
05/01/2030
BBG017186YY6
 8.500 Bond 106276.39
100,000
 Australia USD --
Navoi Mining & Metallurgical Combinat 0.20
10/17/2028
BBG01Q5PB4X3
 6.700 Bond 106216.69
100,000
 Uzbekistan USD --
Oztel Holdings Spc Ltd 0.20
04/24/2028
BBG00KN0ZM84
 6.625 Bond 106196.81
100,000
 Oman USD --
Delhi International Airport Ltd 0.20
06/04/2029
BBG00P2XL2D7
 6.450 Bond 106077.34
100,000
 India USD --
Vedanta Resources Finance Ii Plc 0.20
07/24/2030
BBG01RQQTM94
 9.475 Bond 105936.03
100,000
 United Kingdom USD --
Turkcell Iletisim Hizmetleri As 0.20
01/24/2030
BBG01RQT69D7
 7.450 Bond 105923.69
100,000
 Turkey USD --
Maxam Prill Sarl 0.20
07/15/2030
BBG01VQYZ2W9
 7.750 Bond 105838.18
100,000
 Luxembourg USD --
Transnet/South Africa 0.20
02/06/2028
BBG01DD2RLC2
 8.250 Bond 105814.78
100,000
 South Africa USD --
Turkiye Garanti Bankasi As 0.20
01/03/2035
BBG01QZB6RQ4
 8.125 Bond 105707.66
100,000
 Turkey USD --
Gfl Environmental Inc 0.20
01/15/2031
BBG01KCBW6L4
 6.750 Bond 105519.50
100,000
 Canada USD --
Kioxia Holdings Corp 0.20
07/24/2033
BBG01W344DX7
 6.625 Bond 105497.08
100,000
 Japan USD --
Rede D'Or Finance Sarl 0.20
09/09/2035
BBG01X2KNBG2
 6.450 Bond 105369.17
100,000
 Luxembourg USD --
Fortescue Treasury Pty Ltd 0.20
04/15/2030
BBG016LSGS92
 5.875 Bond 105338.51
100,000
 Australia USD --
Telus Corp 0.20
10/15/2055
BBG01VRMJD21
 6.625 Bond 105324.44
100,000
 Canada USD --
Ecopetrol Sa 0.20
01/19/2036
BBG01KY1MDH3
 8.375 Bond 105274.32
100,000
 Colombia USD --
Banco Do Brasil Sa/Cayman 0.20
03/18/2031
BBG01LXCW637
 6.000 Bond 105198.36
100,000
 Brazil USD --
Yinson Bergenia Production Bv 0.20
01/31/2045
BBG01VT73ZK0
 8.498 Bond 105184.39
98,670
 Netherlands USD --
Sasol Financing Usa Llc 0.20
05/03/2029
BBG01GF4KYT0
 8.750 Bond 105130.09
100,000
 United States USD --
Pluspetrol Sa 0.20
05/30/2032
BBG01V69BJ00
 8.500 Bond 105115.28
100,000
 Argentina USD --
Seadrill Finance Ltd 0.20
08/01/2030
BBG01HDK4L29
 8.375 Bond 105087.85
100,000
 Bermuda USD --
Hta Group Ltd/Mauritius 0.20
06/04/2029
BBG01MZK6858
 7.500 Bond 105025.29
100,000
 United Kingdom USD --
First Quantum Minerals Ltd 0.20
02/15/2034
BBG01WJX7WS7
 7.250 Bond 104962.46
100,000
 Canada USD --
Digicel International Finance Ltd / Dif 0.20
08/01/2032
BBG01W9T70R8
 8.625 Bond 104892.65
100,000
 Bermuda USD --
Rb Global Holdings Inc 0.20
03/15/2028
BBG01FP4C6R3
 6.750 Bond 104856.10
100,000
 United States USD --
Ivanhoe Mines Ltd 0.20
01/23/2030
BBG01RV19P16
 7.875 Bond 104615.35
100,000
 Canada USD --
Tc Ziraat Bankasi As 0.20
02/04/2030
BBG01S1708B0
 7.250 Bond 104551.29
100,000
 Turkey USD --
Iifl Finance Ltd 0.20
07/24/2028
BBG01RKZF949
 8.750 Bond 104493.50
100,000
 India USD --
1011778 Bc Ulc / New Red Finance Inc 0.20
09/15/2029
BBG01PKLH4M3
 5.625 Bond 104389.75
100,000
 Canada USD --
Telecommunications Co Telekom Srbija Ad 0.20
10/28/2029
BBG01QB0YBZ8
 7.000 Bond 104293.39
100,000
 Serbia USD --
Cpi Property Group Sa 0.20
01/14/2030
BBG014G3F2J5
 1.750 Bond 104265.38
100,000
 Luxembourg EUR --
Turkiye Vakiflar Bankasi Tao 0.20
07/31/2030
BBG01VW0XPW7
 7.250 Bond 104229.80
100,000
 Turkey USD --
Muangthai Capital Pcl 0.20
07/21/2030
BBG01VZ3KGC4
 7.550 Bond 103937.90
100,000
 Thailand USD --
Muthoot Finance Ltd 0.20
04/23/2029
BBG01Q9MJGK5
 6.375 Bond 103892.34
100,000
 India USD --
3r Lux Sarl 0.20
02/05/2031
BBG01L81WMZ9
 9.750 Bond 103879.17
100,000
 United States USD --
Ecopetrol Sa 0.20
04/29/2030
BBG00TGKZJN9
 6.875 Bond 103870.28
100,000
 Colombia USD --
Sierracol Energy Andina Llc/Sierracol E 0.20
11/14/2030
BBG01YDMMPG4
 9.000 Bond 103861.10
100,000
 United States USD --
Turkiye Ihracat Kredi Bankasi As 0.20
10/03/2030
BBG01XF3GQS8
 6.375 Bond 103818.00
100,000
 Turkey USD --
Stena International Sa 0.20
01/15/2031
BBG01KXPP228
 7.250 Bond 103787.42
100,000
 Luxembourg USD --
Iliad Holding Sas 0.20
10/15/2028
BBG012V276L1
 7.000 Bond 103702.21
100,000
 France USD --
Biocon Biologics Global Plc 0.19
10/09/2029
BBG01Q3XHGD7
 6.670 Bond 103480.57
100,000
 United Kingdom USD --
Ardonagh Finco Ltd 0.19
02/15/2031
BBG01LC23V57
 7.750 Bond 103388.04
100,000
 United Kingdom USD --
Caixa Economica Federal 0.19
05/13/2030
BBG01TX7B402
 5.625 Bond 103222.50
100,000
 Brazil USD --
Intrum Investments And Financing Ab 0.19
09/11/2030
BBG01W8ZD908
 8.500 Bond 102866.02
100,000
 Sweden EUR --
Ziggo Bond Co Bv 0.19
02/28/2030
BBG00RMZ36S1
 3.375 Bond 102703.93
100,000
 Netherlands EUR --
Worldline Sa/France 0.19
11/27/2029
BBG01QXHXVM8
 5.250 Bond 102693.15
100,000
 France EUR --
Wynn Macau Ltd 0.19
08/26/2028
BBG00WS5XGN0
 5.625 Bond 102626.91
100,000
 United States USD --
Emeria Sasu 0.19
03/31/2028
BBG01DD5KKQ9
 7.750 Bond 102486.77
100,000
 France EUR --
Azule Energy Finance Plc 0.19
01/23/2030
BBG01RQTCMK3
 8.125 Bond 102240.41
100,000
 United Kingdom USD --
Froneri Lux Finco Sarl 0.19
08/01/2032
BBG01W0ZNHQ9
 6.000 Bond 102181.30
100,000
 Luxembourg USD --
Jsw Steel Ltd 0.19
04/05/2032
BBG012JDBC51
 5.050 Bond 102037.05
100,000
 India USD --
Avianca Midco 2 Plc 0.19
02/14/2030
BBG01S2T07B3
 9.625 Bond 101969.18
100,000
 United Kingdom USD --
Mobico Group Plc 0.19
09/26/2031
BBG01JCXZ137
 4.875 Bond 101854.66
100,000
 United Kingdom EUR --
Methanex Corp 0.19
12/15/2029
BBG00Q6Y2GK1
 5.250 Bond 101839.64
100,000
 Canada USD --
Azule Energy Finance Plc 0.19
01/22/2031
BBG01ZKVXFX4
 8.250 Bond 101719.32
100,000
 United Kingdom USD --
Bapco Energies Sukuk Ltd 0.19
04/08/2029
BBG00ZVV47G2
 5.250 Bond 101549.87
100,000
 Cayman Islands USD --
Petrobras Global Finance Bv 0.19
09/10/2030
BBG01X1F2VP3
 5.125 Bond 101507.17
100,000
 Netherlands USD --
Nbm Us Holdings Inc 0.19
08/06/2029
BBG00PVN4KX4
 6.625 Bond 101437.04
100,000
 Brazil USD --
Wynn Macau Ltd 0.19
02/15/2034
BBG01WMC7900
 6.750 Bond 101434.66
100,000
 China USD --
Inversiones Cmpc Sa 0.19
12/09/2057
BBG01X2KQX08
 6.700 Bond 101402.77
100,000
 Chile USD --
Toucan Finco Ltd/Toucan Finco Can Inc/T 0.19
05/15/2030
BBG01TRLYDG6
 9.500 Bond 101176.85
100,000
 Jersey USD --
Omgrid Funding Ltd 0.19
05/16/2027
BBG00GNX2K81
 5.196 Bond 100780.50
100,000
 Oman USD --
Tk Elevator Us Newco Inc 0.19
07/15/2027
BBG00VSHFQR0
 5.250 Bond 100523.06
100,000
 Luxembourg USD --
Banco Btg Pactual Sa/Cayman Islands 0.19
01/27/2031
BBG01ZSYBZP9
 5.500 Bond 100366.11
100,000
 Cayman Islands USD --
Central American Bottling Corp / Cbc Bo 0.19
04/27/2029
BBG014QZPM26
 5.250 Bond 100228.98
100,000
 Guatemala USD --
Atos Se 0.19
12/18/2029
BBG01R8W8Y70
 7.398 Bond 100054.08
75,000
 France EUR --
Melco Resorts Finance Ltd 0.19
12/04/2029
BBG00QYZLJ02
 5.375 Bond 99973.31
100,000
 China USD --
Mgm China Holdings Ltd 0.19
02/01/2027
BBG00ZSKZRB7
 4.750 Bond 99899.14
100,000
 China USD --
Cpi Property Group Sa 0.19
01/27/2031
BBG00YZ28JL9
 1.500 Bond 99517.76
100,000
 Luxembourg EUR --
Continuum Green Energy India Pvt / Co-I 0.19
06/26/2033
BBG01N2PCYN7
 7.500 Bond 99375.43
94,075
 India USD --
Atlantica Sustainable Infrastructure Lt 0.19
06/15/2028
BBG0110RHYG6
 4.125 Bond 98824.42
100,000
 United Kingdom USD --
Gfl Environmental Inc 0.19
08/01/2028
BBG00Y6SB3S8
 4.000 Bond 98759.25
100,000
 Canada USD --
Globo Comunicacao E Participacoes S/A 0.18
01/14/2032
BBG014FG46G3
 5.500 Bond 97964.92
100,000
 Brazil USD --
Constellium Se 0.18
04/15/2029
BBG00Z6PNZ07
 3.750 Bond 97774.90
100,000
 France USD --
Studio City Finance Ltd 0.18
01/15/2029
BBG00YRFTQK1
 5.000 Bond 97255.19
100,000
 China USD --
1011778 Bc Ulc / New Red Finance Inc 0.18
10/15/2030
BBG00XDH1DV1
 4.000 Bond 97216.53
100,000
 Canada USD --
Ecopetrol Sa 0.18
09/18/2043
BBG00582F0G1
 7.375 Bond 97165.80
100,000
 Colombia USD --
San Miguel Industrias Pet Sa / Ng Pet R 0.18
08/02/2028
BBG011Y7VGL0
 3.750 Bond 96853.50
100,000
 Peru USD --
Motion Bondco Dac 0.18
11/15/2027
BBG00QKDSSF3
 6.625 Bond 96572.32
100,000
 United Kingdom USD --
Canpack Sa / Canpack Us Llc 0.18
11/15/2029
BBG012TG3JT1
 3.875 Bond 96454.34
100,000
 Poland USD --
Natura &Co Luxembourg Holdings Sarl 0.18
05/03/2028
BBG010FXDT92
 4.125 Bond 96437.74
100,000
 Brazil USD --
Sunrise Finco I Bv 0.18
07/15/2031
BBG00ZXXQW40
 4.875 Bond 96411.92
100,000
 Netherlands USD --
Asg Finance Dac 0.18
05/15/2029
BBG01MS0QRS1
 9.750 Bond 96381.99
100,000
 Ireland USD --
Vodafone Group Plc 0.18
06/04/2081
BBG0118XKVS4
 4.125 Bond 95809.23
100,000
 United Kingdom USD --
Ziggo Bv 0.18
01/15/2030
BBG00QL6KSS1
 4.875 Bond 94582.24
100,000
 Netherlands USD --
Aegea Finance Sarl 0.18
01/20/2036
BBG01XL79P48
 7.625 Bond 94117.01
100,000
 Luxembourg USD --
Enfragen Energia Sur Sa / Enfragen Spai 0.18
12/30/2030
BBG00YGL2V64
 5.375 Bond 94062.58
100,000
 United States USD --
Ion Platform Finance Us Inc / Ion Platf 0.17
05/30/2029
BBG01XRTDZT0
 9.500 Bond 91691.82
100,000
 United States USD --
Ion Platform Finance Us Inc / Ion Platf 0.17
05/01/2029
BBG01XS5YP01
 8.750 Bond 91445.01
100,000
 United States USD --
Klabin Austria Gmbh 0.17
01/12/2031
BBG00YS3VZM2
 3.200 Bond 91090.90
100,000
 Brazil USD --
Cerba Healthcare Saca 0.17
05/31/2028
BBG010WH0NQ6
 3.500 Bond 90060.29
100,000
 France EUR --
Vmed O2 Uk Financing I Plc 0.17
07/15/2031
BBG011K2BTP6
 4.750 Bond 89614.16
100,000
 United Kingdom USD --
Ypf Sa 0.16
09/11/2031
BBG01PL2DPW0
 8.750 Bond 87640.69
81,000
 Argentina USD --
Paysafe Finance Plc / Paysafe Holdings 0.16
06/15/2029
BBG011BYLRJ6
 4.000 Bond 86041.69
100,000
 United Kingdom USD --
Ineos Quattro Finance 2 Plc 0.16
03/15/2029
BBG01K1X8412
 9.625 Bond 85049.94
100,000
 United Kingdom USD --
Connect Finco Sarl / Connect Us Finco L 0.16
09/15/2029
BBG01PNMWYR0
 9.000 Bond 82512.75
75,000
 Luxembourg USD --
Ion Platform Finance Us Inc 0.16
09/30/2032
BBG01XHZDMM3
 7.875 Bond 82412.47
100,000
 Luxembourg USD --
Bombardier Inc 0.15
11/15/2030
BBG01K1Z2S29
 8.750 Bond 82253.04
75,000
 Canada USD --
Ecopetrol Sa 0.15
01/13/2033
BBG01C9JG584
 8.875 Bond 81830.47
75,000
 Colombia USD --
Vodafone Group Plc 0.15
06/04/2081
BBG0118XWJT7
 5.125 Bond 81656.45
100,000
 United Kingdom USD --
Nissan Motor Co Ltd 0.15
07/17/2035
BBG01W15W3Q5
 8.125 Bond 81490.72
75,000
 Japan USD --
Rogers Communications Inc 0.15
04/15/2055
BBG01S7PCM11
 7.125 Bond 81366.98
75,000
 Canada USD --
Csn Resources Sa 0.15
12/05/2030
BBG01KD6MWS1
 8.875 Bond 81199.30
100,000
 Luxembourg USD --
Telecom Argentina Sa 0.15
07/18/2031
BBG01NR55KZ9
 9.500 Bond 80788.54
75,000
 Argentina USD --
Rakuten Group Inc 0.15
02/15/2027
BBG01L6Y6ZC4
 11.250 Bond 79728.97
75,000
 Japan USD --
Vista Energy Argentina Sau 0.15
06/10/2033
BBG01VCXTPN2
 8.500 Bond 79521.87
75,000
 Argentina USD --
Ypf Sa 0.15
06/27/2029
BBG00PK89BC7
 8.500 Bond 79171.71
75,000
 Argentina USD --
Garda World Security Corp 0.15
11/15/2032
BBG01QK41LZ4
 8.375 Bond 78810.98
75,000
 Canada USD --
Petroleos Mexicanos 0.15
03/13/2027
BBG00K5W8536
 6.500 Bond 78396.89
75,000
 Mexico USD --
Panama Infrastructure Receivable Purcha 0.15
04/05/2032
BBG01M8LQMT7
 -- Bond 78231.00
100,000
 United Kingdom USD --
Teva Pharmaceutical Finance Netherlands 0.15
10/01/2046
BBG00DDM0L65
 4.100 Bond 78127.79
100,000
 Israel USD --
Ecopetrol Sa 0.15
05/28/2045
BBG006JMY0P2
 5.875 Bond 78051.80
100,000
 Colombia USD --
Ecopetrol Sa 0.15
02/01/2032
BBG01Q6VXC30
 7.750 Bond 78015.45
75,000
 Colombia USD --
Vmed O2 Uk Financing I Plc 0.15
04/15/2032
BBG01M5Y4NY8
 7.750 Bond 77870.88
75,000
 United Kingdom USD --
Sable International Finance Ltd 0.15
10/15/2032
BBG01Q0829S1
 7.125 Bond 77739.51
75,000
 Cayman Islands USD --
Pampa Energia Sa 0.15
12/16/2034
BBG01R6JH3V2
 7.875 Bond 77627.34
75,000
 Argentina USD --
Petrobras Global Finance Bv 0.14
01/27/2028
BBG00LQM92M8
 5.999 Bond 76951.58
75,000
 Brazil USD --
Altice France Sa 0.14
03/15/2032
BBG01XFDXS85
 6.500 Bond 76256.48
76,220
 France USD --
Ypf Sa 0.14
09/30/2033
BBG00Z73N6V5
 7.000 Bond 75986.09
75,000
 Argentina USD --
1011778 Bc Ulc / New Red Finance Inc 0.14
01/15/2028
BBG00Q6KWZM4
 3.875 Bond 75364.24
75,000
 Canada USD --
Petrobras Global Finance Bv 0.14
01/10/2036
BBG01X1F2VS0
 6.250 Bond 75222.81
75,000
 Netherlands USD --
Wynn Macau Ltd 0.14
12/15/2029
BBG00R28RQ49
 5.125 Bond 75135.92
75,000
 United States USD --
Ats Corp 0.14
12/15/2028
BBG00YJ6YV32
 4.125 Bond 74009.77
75,000
 Canada USD --
Air Canada 0.14
08/15/2029
BBG011Y65982
 4.625 Bond 73833.32
100,000
 Canada CAD --
Greenko Power Ii Ltd 0.14
12/13/2028
BBG013Y4NYJ6
 4.300 Bond 73735.82
76,000
 Mauritius USD --
Petrobras Global Finance Bv 0.14
06/05/2115
BBG009BNFQ03
 6.850 Bond 73100.45
75,000
 Brazil USD --
Goeasy Ltd 0.14
10/01/2030
BBG01T2D4T97
 7.375 Bond 72855.17
75,000
 Canada USD --
Amer Sports Co 0.14
02/16/2031
BBG01LCJHJ43
 6.750 Bond 72850.30
68,000
 United States USD --
Empresas Publicas De Medellin Esp 0.13
07/18/2029
BBG00PPPYQ97
 4.250 Bond 71098.95
75,000
 Colombia USD --
Minerva Luxembourg Sa 0.13
03/18/2031
BBG00ZJ0C016
 4.375 Bond 70659.79
75,000
 Luxembourg USD --
Open Text Corp 0.13
12/01/2029
BBG013FZTRY0
 3.875 Bond 68909.86
75,000
 Canada USD --
Star Energy Geothermal Wayang Windu Ltd 0.13
04/24/2033
BBG00KN7FXK3
 6.750 Bond 66832.56
63,750
 Singapore USD --
Electricite De France Sa 0.11
12/15/2073
BBG01GY7Z5X4
 9.125 Bond 60308.01
50,000
 France USD --
Petroleos Mexicanos 0.11
02/07/2033
BBG01JLH8JY9
 10.000 Bond 59011.66
50,000
 Mexico USD --
Mong Duong Finance Holdings Bv 0.11
05/07/2029
BBG00PV1N2T6
 5.125 Bond 58517.94
57,938
 United States USD --
Telus Corp 0.11
07/21/2055
BBG01THX43T2
 6.250 Bond 57947.86
75,000
 Canada CAD --
Bell Telephone Co Of Canada Or Bell Can 0.11
03/27/2055
BBG01T0616K4
 5.625 Bond 57328.21
75,000
 Canada CAD --
Bombardier Inc 0.11
05/01/2034
BBG00008TWC6
 7.450 Bond 57316.05
50,000
 Canada USD --
Petroleos Del Peru Sa 0.11
06/19/2032
BBG00GXFJWB1
 4.750 Bond 56540.38
75,000
 Peru USD --
Vedanta Resources Finance Ii Plc 0.11
09/17/2029
BBG01PK89165
 10.875 Bond 55787.68
50,000
 United Kingdom USD --
Lcpr Senior Secured Financing Dac 0.10
10/15/2027
BBG00QJCQBG5
 6.750 Bond 55602.71
75,000
 United States USD --
Energean Israel Finance Ltd 0.10
09/30/2033
BBG01H754DC6
 8.500 Bond 55596.05
50,000
 Israel USD --
First Quantum Minerals Ltd 0.10
03/01/2033
BBG01SCY2QG2
 8.000 Bond 55378.35
50,000
 Canada USD --
Grupo Nutresa Sa 0.10
05/12/2030
BBG01TVSWJ66
 8.000 Bond 54946.78
50,000
 Colombia USD --
Petroleos Mexicanos 0.10
06/02/2029
BBG019SQ9ZW9
 8.750 Bond 54839.91
50,000
 Mexico USD --
First Quantum Minerals Ltd 0.10
03/01/2029
BBG01LNT8JM9
 9.375 Bond 54581.25
50,000
 Canada USD --
Cemex Sab De Cv 0.10
12/31/2049
BBG01VCXTY26
 7.200 Bond 54227.50
50,000
 Mexico USD --
Ihs Holding Ltd 0.10
11/29/2031
BBG01QVH0Q47
 8.250 Bond 54065.53
50,000
 United Kingdom USD --
South Bow Canadian Infrastructure Holdi 0.10
03/01/2055
BBG01VZZ64G2
 7.625 Bond 54053.26
50,000
 Canada USD --
Telecom Argentina Sa 0.10
05/28/2033
BBG01V46KCT2
 9.250 Bond 54031.72
50,000
 Argentina USD --
Telus Corp 0.10
10/15/2055
BBG01VRMXWT4
 7.000 Bond 53980.50
50,000
 Canada USD --
Ecopetrol Sa 0.10
01/19/2029
BBG01H7RQ9N1
 8.625 Bond 53862.84
50,000
 Colombia USD --
We Soda Investments Holding Plc 0.10
10/06/2028
BBG01JJ4K2R2
 9.500 Bond 53771.77
50,000
 United Kingdom USD --
Sisecam Uk Plc 0.10
05/02/2032
BBG01MLSF2Y7
 8.625 Bond 53770.40
50,000
 United Kingdom USD --
Yinson Boronia Production Bv 0.10
07/31/2042
BBG01N1PJKD2
 8.947 Bond 53762.82
48,573
 Netherlands USD --
Bombardier Inc 0.10
07/01/2031
BBG01M4T02S7
 7.250 Bond 53690.23
50,000
 Canada USD --
Garrett Motion Holdings Inc / Garrett L 0.10
05/31/2032
BBG01MRC7JY8
 7.750 Bond 53687.99
50,000
 United States USD --
Termocandelaria Power Sa 0.10
09/17/2031
BBG01PNNG3L0
 7.750 Bond 53661.36
50,000
 Colombia USD --
Eushi Finance Inc 0.10
12/15/2054
BBG01R8YWGX9
 7.625 Bond 53588.42
50,000
 United States USD --
Eregli Demir Ve Celik Fabrikalari Tas 0.10
07/23/2029
BBG01NQ3FV17
 8.375 Bond 53564.77
50,000
 Turkey USD --
Teva Pharmaceutical Finance Netherlands 0.10
03/01/2028
BBG00KP7PJ85
 6.750 Bond 53545.50
50,000
 Israel USD --
Nova Chemicals Corp 0.10
11/15/2028
BBG01K2LJKD6
 8.500 Bond 53509.77
50,000
 Canada USD --
Rogers Communications Inc 0.10
04/15/2055
BBG01S7NLHJ8
 7.000 Bond 53492.50
50,000
 Canada USD --
Medco Maple Tree Pte Ltd 0.10
04/27/2029
BBG01JS8QGG8
 8.960 Bond 53438.41
50,000
 Singapore USD --
Bombardier Inc 0.10
06/15/2033
BBG01TZG8LX0
 6.750 Bond 53412.00
50,000
 Canada USD --
First Quantum Minerals Ltd 0.10
06/01/2031
BBG01GNY62R3
 8.625 Bond 53411.02
50,000
 Canada USD --
Grupo Aeromexico Sab De Cv 0.10
11/15/2031
BBG01QJTB2T9
 8.625 Bond 53406.04
50,000
 Mexico USD --
Sisecam Uk Plc 0.10
05/02/2029
BBG01MLSF2Q6
 8.250 Bond 53360.64
50,000
 United Kingdom USD --
Itau Unibanco Holding Sa/Cayman Island 0.10
02/27/2030
BBG01SGH85Q4
 6.000 Bond 53358.33
50,000
 Brazil USD --
Fortescue Treasury Pty Ltd 0.10
04/15/2032
BBG016LSGX55
 6.125 Bond 53348.49
50,000
 Australia USD --
Mersin Uluslararasi Liman Isletmeciligi 0.10
11/15/2028
BBG01K1XCKP5
 8.250 Bond 53297.25
50,000
 Turkey USD --
Capstone Copper Corp 0.10
03/31/2033
BBG01SZYR852
 6.750 Bond 53181.13
50,000
 Canada USD --
Banijay Entertainment Sas 0.10
05/01/2029
BBG01J7C5F95
 8.125 Bond 53064.76
50,000
 France USD --
Nissan Motor Co Ltd 0.10
07/17/2030
BBG01W15W3K1
 7.500 Bond 53010.10
50,000
 Japan USD --
Banco Internacional Del Peru Saa Interb 0.10
04/30/2035
BBG01S0P2VJ0
 6.397 Bond 52915.93
50,000
 Peru USD --
Zf North America Capital Inc 0.10
04/14/2028
BBG01G4WNB08
 6.875 Bond 52863.83
50,000
 United States USD --
Banco Btg Pactual Sa/Cayman Islands 0.10
04/08/2029
BBG01M8K3762
 6.250 Bond 52817.70
50,000
 Cayman Islands USD --
Banco Bradesco Sa/Cayman Islands 0.10
01/22/2030
BBG01RR8DS42
 6.500 Bond 52749.24
50,000
 Brazil USD --
Ld Celulose International Gmbh 0.10
01/26/2032
BBG01Q0W1NP1
 7.950 Bond 52743.11
50,000
 Austria USD --
Braskem Netherlands Finance Bv 0.10
01/12/2031
BBG01J7C9V78
 8.500 Bond 52637.01
125,000
 Netherlands USD --
Rakuten Group Inc 0.10
12/31/2049
BBG01R329JC7
 8.125 Bond 52495.80
50,000
 Japan USD --
Mhp Lux Sa 0.10
07/28/2029
BBG01ZRBM4J4
 10.500 Bond 52290.11
50,000
 Luxembourg USD --
Shriram Finance Ltd 0.10
04/22/2027
BBG01L0KG232
 6.625 Bond 52145.82
50,000
 India USD --
Mazoon Assets Co Saoc 0.10
10/09/2031
BBG01Q32ZMJ6
 5.250 Bond 52140.67
50,000
 Oman USD --
Telus Corp 0.10
07/21/2055
BBG01THX4465
 6.750 Bond 52115.76
65,000
 Canada CAD --
Banco Votorantim Sa/Luxembourg 0.10
04/08/2028
BBG01T5XYRZ2
 5.875 Bond 51976.42
50,000
 Brazil USD --
C&W Senior Finance Ltd 0.10
01/15/2033
BBG01S67NQ11
 9.000 Bond 51966.25
50,000
 Cayman Islands USD --
Klabin Austria Gmbh 0.10
04/03/2029
BBG00NQJG7L3
 5.750 Bond 51912.41
50,000
 Brazil USD --
1011778 Bc Ulc / New Red Finance Inc 0.10
06/15/2029
BBG01N73ZBQ3
 6.125 Bond 51894.24
50,000
 Canada USD --
Arcor Saic 0.10
07/31/2033
BBG01W9T6FD1
 7.600 Bond 51872.50
50,000
 Argentina USD --
Oryx Funding Ltd 0.10
02/03/2031
BBG00Z1WYYL5
 5.800 Bond 51871.14
50,000
 Cayman Islands USD --
Ypf Sa 0.10
01/17/2034
BBG01RP2B2J0
 8.250 Bond 51846.23
50,000
 Argentina USD --
Petroleos Mexicanos 0.10
01/23/2030
BBG00XK37FS7
 6.840 Bond 51734.00
50,000
 Mexico USD --
Fibercop Spa 0.10
11/15/2033
BBG01NL7JJV3
 6.375 Bond 51499.12
50,000
 United States USD --
Zf North America Capital Inc 0.10
04/23/2030
BBG01MG435M5
 6.750 Bond 51474.30
50,000
 United States USD --
Petrobras Global Finance Bv 0.10
01/20/2040
BBG0000H86Z1
 6.875 Bond 51360.33
50,000
 Brazil USD --
Brookfield Residential Properties Inc / 0.10
09/15/2027
BBG00Q72H2D3
 6.250 Bond 51354.31
50,000
 Canada USD --
Teva Pharmaceutical Finance Netherlands 0.10
05/09/2029
BBG0136TNRY0
 5.125 Bond 51352.15
50,000
 Netherlands USD --
Vistajet Malta Finance Plc / Vista Mana 0.10
05/01/2027
BBG016XSPMY4
 7.875 Bond 51331.00
50,000
 Malta USD --
Rogers Communications Inc 0.10
03/15/2082
BBG015476304
 5.250 Bond 51220.03
50,000
 Canada USD --
Investment Energy Resources Ltd 0.10
04/26/2029
BBG010423G00
 6.250 Bond 51198.60
50,000
 Bermuda USD --
Sasol Financing Usa Llc 0.10
09/27/2028
BBG00LYB0LD0
 6.500 Bond 51031.73
50,000
 South Africa USD --
Aegea Finance Sarl 0.10
01/20/2031
BBG01JJW4PT5
 9.000 Bond 50964.50
50,000
 Luxembourg USD --
Instituto Costarricense De Electricidad 0.10
05/15/2043
BBG004CZFY54
 6.375 Bond 50859.79
50,000
 Costa Rica USD --
Fibercop Spa 0.10
07/18/2036
BBG01NL820F8
 7.200 Bond 50810.00
50,000
 United States USD --
Petrobras Global Finance Bv 0.10
01/13/2035
BBG01PKM1VL9
 6.000 Bond 50621.25
50,000
 Netherlands USD --
Howden Uk Refinance Plc / Howden Uk Ref 0.09
02/15/2031
BBG01L81FSK1
 7.250 Bond 50446.58
50,000
 United Kingdom USD --
Petrobras Global Finance Bv 0.09
01/27/2041
BBG001DJX3T7
 6.750 Bond 50309.48
50,000
 Brazil USD --
Melco Resorts Finance Ltd 0.09
07/17/2027
BBG00PNVM791
 5.625 Bond 50270.27
50,000
 China USD --
Melco Resorts Finance Ltd 0.09
07/21/2028
BBG00W26SNM8
 5.750 Bond 50255.75
50,000
 China USD --
Mattamy Group Corp 0.09
03/01/2030
BBG00RTVJ9N5
 4.625 Bond 50146.75
50,000
 Canada USD --
Renew Pvt Ltd 0.09
03/05/2027
BBG00RHG9140
 5.875 Bond 50116.53
50,000
 India USD --
California Buyer Ltd / Atlantica Sustai 0.09
02/15/2032
BBG01QG10N00
 6.375 Bond 50105.32
50,000
 United States USD --
Algonquin Power & Utilities Corp 0.09
01/18/2082
BBG014J7ZRW1
 4.750 Bond 50028.11
50,000
 Canada USD --
Petrorio Luxembourg Holding Sarl 0.09
10/15/2030
BBG01XRQ1F31
 6.750 Bond 49975.00
50,000
 Luxembourg USD --
Garda World Security Corp 0.09
06/01/2029
BBG01136V362
 6.000 Bond 49896.08
50,000
 Canada USD --
Amaggi Luxembourg International Sarl 0.09
01/28/2028
BBG00Z0HH595
 5.250 Bond 49793.87
50,000
 Brazil USD --
Banistmo Sa 0.09
07/31/2027
BBG00WC6FPR1
 4.250 Bond 49719.21
50,000
 Panama USD --
Uzbekneftegaz Jsc 0.09
11/16/2028
BBG013FT6XR4
 4.750 Bond 49532.48
50,000
 Uzbekistan USD --
Rumo Luxembourg Sarl 0.09
01/10/2028
BBG00VSZG693
 5.250 Bond 49429.12
50,000
 Brazil USD --
Virgin Media Secured Finance Plc 0.09
05/15/2029
BBG00P3B2R77
 5.500 Bond 49414.84
50,000
 United Kingdom USD --
Fortescue Treasury Pty Ltd 0.09
04/01/2031
BBG00ZQT8CF9
 4.375 Bond 49297.52
50,000
 Australia USD --
Zorlu Enerji Elektrik Uretim As 0.09
04/23/2030
BBG01QB1G2Z6
 11.000 Bond 48995.09
50,000
 Turkey USD --
Rede D'Or Finance Sarl 0.09
01/22/2030
BBG00RD5CJS9
 4.500 Bond 48957.83
50,000
 Brazil USD --
Minsur Sa 0.09
10/28/2031
BBG0135W9LG3
 4.500 Bond 48809.05
50,000
 Peru USD --
Bangkok Bank Pcl/Hong Kong 0.09
09/25/2034
BBG00Q9CZ0R8
 3.733 Bond 48678.45
50,000
 Thailand USD --
Centrais Eletricas Brasileiras Sa 0.09
02/04/2030
BBG00RLT4FJ5
 4.625 Bond 48576.78
50,000
 Brazil USD --
Brf Sa 0.09
01/24/2030
BBG00QB0QPR6
 4.875 Bond 48273.53
50,000
 Brazil USD --
Global Auto Holdings Ltd/Aag Fh Uk Ltd 0.09
01/15/2032
BBG01KXQBMR0
 8.750 Bond 48167.68
50,000
 United Kingdom USD --
B3 Sa - Brasil Bolsa Balcao 0.09
09/20/2031
BBG012JJ5104
 4.125 Bond 47884.89
50,000
 Brazil USD --
Grupo Aval Ltd 0.09
02/04/2030
BBG00RKLP6Y3
 4.375 Bond 47225.57
50,000
 Colombia USD --
Vistajet Malta Finance Plc / Vista Mana 0.09
02/01/2030
BBG014MRX6D2
 6.375 Bond 47080.90
50,000
 Malta USD --
Colombia Telecomunicaciones Sa Esp 0.09
07/17/2030
BBG00VYK0RJ9
 4.950 Bond 46889.75
50,000
 Spain USD --
Petroleos Mexicanos 0.09
06/02/2041
BBG0021PGYX0
 6.500 Bond 45579.80
50,000
 Mexico USD --
Borr Ihc Ltd / Borr Finance Llc 0.09
11/15/2028
BBG01JWX7X45
 10.000 Bond 45541.61
42,683
 Bermuda USD --
Marb Bondco Plc 0.09
01/29/2031
BBG00YXT5SV4
 3.950 Bond 45443.86
50,000
 Brazil USD --
Open Text Holdings Inc 0.09
02/15/2030
BBG00RMHJC65
 4.125 Bond 45431.50
50,000
 United States USD --
Ai Candelaria -Spain- Sa 0.09
06/15/2033
BBG010Z7ZJX8
 5.750 Bond 45350.11
50,000
 Spain USD --
Falabella Sa 0.09
01/15/2032
BBG012Y3XSM8
 3.375 Bond 45295.63
50,000
 Chile USD --
Sasol Financing Usa Llc 0.08
03/18/2031
BBG00ZMDN5R3
 5.500 Bond 44813.16
50,000
 United States USD --
Aston Martin Capital Holdings Ltd 0.08
03/31/2029
BBG01LY7J2N9
 10.000 Bond 44051.25
50,000
 United Kingdom USD --
Anglogold Ashanti Holdings Plc 0.08
04/15/2040
BBG00007JLB4
 6.500 Bond 43919.83
40,000
 Tanzania USD --
Nemak Sab De Cv 0.08
06/28/2031
BBG011KMQCZ2
 3.625 Bond 43441.04
50,000
 Mexico USD --
Consolidated Energy Finance Sa 0.08
02/15/2031
BBG01L8DHMM4
 12.000 Bond 43254.17
50,000
 Luxembourg USD --
Rb Global Holdings Inc 0.08
03/15/2031
BBG01FP4C6V8
 7.750 Bond 43005.95
40,000
 United States USD --
Csn Inova Ventures 0.08
01/28/2028
BBG00RJSXJQ2
 6.750 Bond 42462.99
50,000
 Brazil USD --
Petroleos Mexicanos 0.08
01/23/2045
BBG0076DCXD9
 6.375 Bond 42110.27
50,000
 Mexico USD --
Leviathan Bond Ltd 0.08
06/30/2030
BBG00WBMK1K1
 6.750 Bond 41817.50
40,000
 Israel USD --
Nova Chemicals Corp 0.08
06/01/2027
BBG00GQT7JP6
 5.250 Bond 40806.88
40,000
 Canada USD --
Petroleos Mexicanos 0.08
02/12/2048
BBG00MKQBK86
 6.350 Bond 40589.73
50,000
 Mexico USD --
Mc Brazil Downstream Trading Sarl 0.07
06/30/2031
BBG011RV1HN4
 7.250 Bond 38927.11
45,308
 Luxembourg USD --
Rogers Communications Inc 0.07
04/15/2055
BBG01S7RCX68
 5.625 Bond 38182.92
50,000
 Canada CAD --
Avianca Midco 2 Plc 0.07
12/01/2028
BBG01S6ZX4Q0
 9.000 Bond 38107.31
36,792
 United Kingdom USD --
Pembina Pipeline Corp 0.07
01/25/2081
BBG00YVJKH27
 4.800 Bond 36810.35
50,000
 Canada CAD --
Csn Resources Sa 0.07
06/10/2031
BBG011991JM0
 4.625 Bond 35862.78
50,000
 Luxembourg USD --
Altice Financing Sa 0.07
08/15/2029
BBG0120R4JV4
 5.750 Bond 35775.00
50,000
 Luxembourg USD --
Kosmos Energy Ltd 0.07
10/01/2031
BBG01PP4PD29
 8.750 Bond 35182.97
50,000
 United States USD --
Energean Israel Finance Ltd 0.07
03/30/2031
BBG00ZH95YG7
 5.875 Bond 35069.39
35,000
 Luxembourg USD --
Petroleos Mexicanos 0.06
02/12/2028
BBG00MKQBK22
 5.350 Bond 30242.20
30,000
 Mexico USD --
Mercer International Inc 0.06
02/01/2029
BBG011BQFNL6
 5.125 Bond 29516.84
50,000
 Canada USD --
Adecoagro Sa 0.05
07/29/2032
BBG01W9T66W0
 7.500 Bond 29112.50
30,000
 Luxembourg USD --
Nufarm Australia Ltd / Nufarm Americas 0.05
01/27/2030
BBG014QLLCL2
 5.000 Bond 27692.09
30,000
 Australia USD --
Navoi Mining & Metallurgical Combinat 0.05
10/17/2031
BBG01Q5PB4Z1
 6.950 Bond 27595.12
25,000
 Uzbekistan USD --
Pan American Energy Llc/Argentina 0.05
04/30/2032
BBG01MMR0VB5
 8.500 Bond 27474.65
25,000
 Argentina USD --
South Bow Canadian Infrastructure Holdi 0.05
03/01/2055
BBG01W00BB73
 7.500 Bond 27458.50
25,000
 Canada USD --
New Flyer Holdings Inc 0.05
07/01/2030
BBG01V8S34J8
 9.250 Bond 27438.21
25,000
 United States USD --
New Gold Inc 0.05
04/01/2032
BBG01SNF87H6
 6.875 Bond 27258.70
25,000
 Canada USD --
Taseko Mines Ltd 0.05
05/01/2030
BBG01MBN6YF0
 8.250 Bond 27176.98
25,000
 Canada USD --
Mineral Resources Ltd 0.05
10/01/2028
BBG01JJHWN03
 9.250 Bond 27147.32
25,000
 Australia USD --
Champion Iron Canada Inc 0.05
07/15/2032
BBG01VS14PS7
 7.875 Bond 26896.42
25,000
 Canada USD --
Altagas Ltd 0.05
10/15/2054
BBG01PSR8PF3
 7.200 Bond 26832.35
25,000
 Canada USD --
Petrobras Global Finance Bv 0.05
03/17/2044
BBG0064M2HN8
 7.250 Bond 26828.31
25,000
 Brazil USD --
Bombardier Inc 0.05
06/01/2032
BBG01N09RMJ0
 7.000 Bond 26800.32
25,000
 Canada USD --
Jones Deslauriers Insurance Management 0.05
03/15/2030
BBG01FPHCQY2
 8.500 Bond 26794.01
25,000
 Canada USD --
Telecom Italia Capital Sa 0.05
11/15/2033
BBG00003HHT5
 6.375 Bond 26773.47
25,000
 Italy USD --
Golomt Bank 0.05
05/20/2027
BBG01MRYH9W3
 11.000 Bond 26729.32
25,000
 Mongolia USD --
Nova Chemicals Corp 0.05
02/15/2030
BBG01LC4HF71
 9.000 Bond 26668.60
25,000
 Canada USD --
Teva Pharmaceutical Finance Netherlands 0.05
12/01/2032
BBG01V434WZ6
 6.000 Bond 26653.13
25,000
 Netherlands USD --
Puma International Financing Sa 0.05
04/25/2029
BBG01MDBLW25
 7.750 Bond 26615.16
25,000
 Luxembourg USD --
Empire Communities Corp 0.05
05/01/2029
BBG01MG4S8Q8
 9.750 Bond 26608.33
25,000
 Canada USD --
Aeropuertos Dominicanos Siglo Xxi Sa 0.05
06/30/2034
BBG01NK9DQZ6
 7.000 Bond 26575.19
25,000
 Dominican Republic USD --
Transportadora De Gas Del Sur Sa 0.05
07/24/2031
BBG01NWTBP10
 8.500 Bond 26572.37
25,000
 Argentina USD --
Teva Pharmaceutical Finance Co Llc 0.05
02/01/2036
BBG0000BW204
 6.150 Bond 26536.07
25,000
 Israel USD --
Karoon Usa Finance Inc 0.05
05/14/2029
BBG01MRJB2W7
 10.500 Bond 26514.41
25,000
 Australia USD --
Petrobras Global Finance Bv 0.05
07/03/2033
BBG01H6WSCT6
 6.500 Bond 26289.96
25,000
 Netherlands USD --
Ypf Sa 0.05
06/30/2029
BBG00Z73L2C7
 2.500 Bond 26210.83
25,000
 Argentina USD --
Teva Pharmaceutical Finance Netherlands 0.05
12/01/2030
BBG01V434WV0
 5.750 Bond 26208.08
25,000
 Netherlands USD --
Enerflex Inc 0.05
01/15/2031
BBG01YV6B735
 6.875 Bond 26190.00
25,000
 United States USD --
Bombardier Inc 0.05
02/01/2029
BBG01CCWPVM8
 7.500 Bond 26176.90
25,000
 Canada USD --
Cia De Minas Buenaventura Saa 0.05
02/04/2032
BBG01S2SVBL1
 6.800 Bond 26158.33
25,000
 Peru USD --
Ypf Energia Electrica Sa 0.05
10/16/2032
BBG01Q782C61
 7.875 Bond 26014.34
25,000
 Argentina USD --
Great Canadian Gaming Corp/Raptor Llc 0.05
11/15/2029
BBG01QK72LJ4
 8.750 Bond 26012.33
25,000
 -- USD --
Cascades Inc/Cascades Usa Inc 0.05
07/15/2030
BBG01V8RDY21
 6.750 Bond 25962.63
25,000
 Canada USD --
Eldorado Gold Corp 0.05
09/01/2029
BBG012311Y48
 6.250 Bond 25882.52
25,000
 Canada USD --
Petrobras Global Finance Bv 0.05
01/17/2027
BBG00FQK9ZF0
 7.375 Bond 25865.64
25,000
 Brazil USD --
Hudbay Minerals Inc 0.05
04/01/2029
BBG00X7K5LF7
 6.125 Bond 25845.62
25,000
 Peru USD --
Tecpetrol Sa 0.05
11/03/2030
BBG01Y75K2K6
 7.625 Bond 25830.03
25,000
 Argentina USD --
Tecpetrol Sa 0.05
01/22/2033
BBG01RQZXH90
 7.625 Bond 25800.47
25,000
 Argentina USD --
Petroleos Mexicanos 0.05
01/23/2029
BBG00MKQBK40
 6.500 Bond 25767.99
25,000
 Mexico USD --
Heritage Petroleum Co Ltd 0.05
08/12/2029
BBG0178K40P8
 9.000 Bond 25767.50
25,000
 Trinidad And Tobago USD --
Northriver Midstream Finance Lp 0.05
07/15/2032
BBG01NH91847
 6.750 Bond 25728.98
25,000
 Canada USD --
Vista Energy Argentina Sau 0.05
12/10/2035
BBG01R3XS182
 7.625 Bond 25706.61
25,000
 Argentina USD --
Teine Energy Ltd 0.05
04/15/2029
BBG00ZS0HF63
 6.875 Bond 25635.29
25,000
 Canada USD --
Iamgold Corp 0.05
10/15/2028
BBG00X70CQJ8
 5.750 Bond 25620.74
25,000
 Burkina Faso USD --
Leviathan Bond Ltd 0.05
06/30/2027
BBG00WBMK194
 6.500 Bond 25570.24
25,000
 Israel USD --
Petrobras Global Finance Bv 0.05
03/19/2049
BBG00NKXZ8F2
 6.900 Bond 25562.39
25,000
 Brazil USD --
Precision Drilling Corp 0.05
01/15/2029
BBG011917W33
 6.875 Bond 25558.61
25,000
 Canada USD --
Fortescue Treasury Pty Ltd 0.05
09/15/2027
BBG00Q6B3SX0
 4.500 Bond 25509.96
25,000
 Australia USD --
Petrobras Global Finance Bv 0.05
01/03/2031
BBG00V3LZFM5
 5.600 Bond 25500.42
25,000
 Brazil USD --
Ypf Sa 0.05
07/21/2027
BBG00H5RJ6W8
 6.950 Bond 25480.19
25,000
 Argentina USD --
Indika Energy Tbk Pt 0.05
05/07/2029
BBG01MLQCVM3
 8.750 Bond 25464.40
25,000
 Indonesia USD --
Energean Israel Finance Ltd 0.05
03/30/2028
BBG00ZH95TN0
 5.375 Bond 25418.33
25,000
 Luxembourg USD --
Teva Pharmaceutical Finance Netherlands 0.05
05/09/2027
BBG0136VL8H8
 4.750 Bond 25393.36
25,000
 Netherlands USD --
Pan American Energy Llc/Argentina 0.05
01/15/2037
BBG01ZHCSTT1
 7.750 Bond 25339.24
25,000
 Argentina USD --
Cascades Inc/Cascades Usa Inc 0.05
01/15/2028
BBG00QTYP589
 5.375 Bond 25154.19
25,000
 Canada USD --
Gfl Environmental Inc 0.05
06/15/2029
BBG0118Z53R9
 4.750 Bond 25117.04
25,000
 Canada USD --
Saturn Oil & Gas Inc 0.05
06/15/2029
BBG01N641V12
 9.625 Bond 24978.03
24,000
 Canada USD --
Superior Plus Lp / Superior General Par 0.05
03/15/2029
BBG00ZHC2JW8
 4.500 Bond 24934.89
25,000
 Canada USD --
Nova Chemicals Corp 0.05
05/15/2029
BBG010H455F8
 4.250 Bond 24915.29
25,000
 Canada USD --
Brookfield Residential Properties Inc / 0.05
06/15/2029
BBG01103BGG4
 5.000 Bond 24611.33
25,000
 Canada USD --
Gfl Environmental Inc 0.05
08/15/2029
BBG01210LSM3
 4.375 Bond 24597.30
25,000
 Canada USD --
Rakuten Group Inc 0.05
04/22/2170
BBG0101ZKQV5
 6.250 Bond 24514.65
25,000
 Japan USD --
Vermilion Energy Inc 0.05
02/15/2033
BBG01S19DB34
 7.250 Bond 24317.00
25,000
 Canada USD --
Georgian Railway Jsc 0.05
06/17/2028
BBG011DF2Q99
 4.000 Bond 24245.02
25,000
 Georgia USD --
Goeasy Ltd 0.04
05/15/2030
BBG01QG0XJM1
 6.875 Bond 23779.95
25,000
 Canada USD --
Ypf Sa 0.04
12/15/2047
BBG00JFF1FQ5
 7.000 Bond 22670.63
25,000
 Argentina USD --
Braskem Netherlands Finance Bv 0.04
01/10/2028
BBG00HWFLW45
 4.500 Bond 22288.55
50,000
 Brazil USD --
Open Text Holdings Inc 0.04
12/01/2031
BBG013FZTNB4
 4.125 Bond 22065.72
25,000
 United States USD --
Capital Power Corp 0.04
06/05/2054
BBG01MVRVFF2
 8.125 Bond 21153.17
25,000
 Canada CAD --
Petrobras Global Finance Bv 0.04
06/10/2051
BBG01198GJR1
 5.500 Bond 21148.36
25,000
 Netherlands USD --
Altagas Ltd 0.04
11/10/2083
BBG01K2CXZ47
 8.900 Bond 20815.46
25,000
 Canada CAD --
Braskem Netherlands Finance Bv 0.04
01/31/2030
BBG00QQ65F56
 4.500 Bond 20333.00
50,000
 Brazil USD --
Transalta Corp 0.04
11/15/2030
BBG00006QFM9
 6.900 Bond 20261.21
25,000
 Canada CAD --
Braskem Netherlands Finance Bv 0.04
02/13/2033
BBG01F5V0F16
 7.250 Bond 20078.67
50,000
 Brazil USD --
Inter Pipeline Ltd/Ab 0.04
03/26/2079
BBG00NPHH8B6
 6.875 Bond 19872.18
25,000
 Canada CAD --
Transalta Corp 0.04
03/24/2032
BBG01T08GTB4
 5.625 Bond 19503.46
25,000
 Canada CAD --
Doman Building Materials Group Ltd 0.04
09/17/2029
BBG01PNN5F35
 7.500 Bond 19454.91
25,000
 Canada CAD --
Playtika Holding Corp 0.04
03/15/2029
BBG00ZHSBT79
 4.250 Bond 19415.64
25,000
 United States USD --
Transalta Corp 0.04
03/24/2032
BBG01T022WT6
 5.625 Bond 19406.40
25,000
 Canada CAD --
Cogeco Communications Inc 0.04
02/27/2029
BBG01LNVK7B8
 6.125 Bond 19384.25
25,000
 Canada CAD --
Ats Corp 0.04
08/21/2032
BBG01P85Z1H4
 6.500 Bond 19316.31
25,000
 Canada CAD --
North American Energy Partners Inc 0.04
05/01/2030
BBG01TQ1TZ05
 7.750 Bond 19294.72
25,000
 Canada CAD --
Brookfield Property Finance Ulc 0.04
02/13/2028
BBG01F6NJ0V3
 7.125 Bond 19206.26
25,000
 Canada CAD --
Cineplex Inc 0.04
03/31/2029
BBG01LK9GSV7
 7.625 Bond 19144.55
25,000
 Canada CAD --
Altagas Ltd 0.04
08/17/2082
BBG01922BRF4
 7.350 Bond 19078.77
25,000
 Canada CAD --
Keyera Corp 0.04
10/15/2055
BBG01X9ZZSH1
 6.000 Bond 19062.03
25,000
 Canada CAD --
Sleep Country Canada Holdings Inc 0.04
11/28/2032
BBG01QYFBZQ2
 6.625 Bond 18956.83
25,000
 Canada CAD --
Tamarack Valley Energy Ltd 0.04
05/10/2027
BBG0152YZMR4
 7.250 Bond 18836.39
25,000
 Canada CAD --
Peru Lng Srl 0.04
03/22/2030
BBG00KB82RQ5
 5.375 Bond 18747.71
18,753
 Peru USD --
Laurentian Bank Of Canada 0.04
06/15/2032
BBG0169YGX10
 5.095 Bond 18724.24
25,000
 Canada CAD --
Gibson Energy Inc 0.04
12/22/2080
BBG00YGLCGY5
 5.250 Bond 18638.71
25,000
 Canada CAD --
Secure Energy Services Inc 0.04
11/20/2032
BBG01YJKP4R4
 5.750 Bond 18620.73
25,000
 Canada CAD --
Recipe Unltd Corp/Societe De Re Cettes 0.04
01/29/2033
BBG01Y4J2HL5
 5.700 Bond 18598.49
25,000
 Canada CAD --
Superior Plus Lp 0.03
05/18/2028
BBG010H509T7
 4.250 Bond 18375.13
25,000
 Canada CAD --
Kronos Acquisition Holdings Inc 0.03
06/30/2031
BBG01NH93523
 8.250 Bond 18256.25
25,000
 United States USD --
Braskem Netherlands Finance Bv 0.03
01/31/2050
BBG00QQ65JL0
 5.875 Bond 18155.04
50,000
 Brazil USD --
Mv24 Capital Bv 0.03
06/01/2034
BBG00PWN9WQ0
 6.748 Bond 17819.20
17,351
 Brazil USD --
Goeasy Ltd 0.03
12/01/2028
BBG01K4JHPS4
 9.250 Bond 15544.62
15,000
 Canada USD --
Goeasy Ltd 0.03
07/01/2029
BBG01LM17SJ6
 7.625 Bond 14824.10
15,000
 Canada USD --
Dye & Durham Ltd 0.03
04/15/2029
BBG01M7TZ180
 8.625 Bond 13601.69
15,000
 Canada USD --
Altagas Ltd 0.02
01/11/2082
BBG014DCZNQ2
 5.250 Bond 11198.71
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 8031.16
8,000
 Canada USD --
Corus Entertainment Inc 0.01
05/11/2028
BBG0109ZR5H2
 5.000 Bond 6574.03
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 591.76
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 369352.45
369,352
 United States USD --
0.52
--
--
-- Cash Bal 276330.20
233,950
 Europe EUR --
0.43
--
--
-- Cash Bal 228417.73
169,155
 United Kingdom GBP --
0.08
--
--
-- Cash Bal 41594.69
56,916
 Canada CAD --
Other/Cash -0.08
--
--
-- Cash -43029.29
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 12/31/2025

Composite % of Net Assets
Non-Investment Grade D 0.13
Investment Grade BBB 2.27
Non-Investment Grade BB 61.09
B 29.90
CCC 2.39
C 0.01
Total Non-Investment Grade -- 0.13
Total Investment Grade -- 2.27
Total Non-Investment Grade -- 93.40
Not Rated -- 3.46
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 12/31/2025

  • Years

    Maturity (%)

  • < 1

    0.10

  • 1 - 3

    20.70

  • 3 - 5

    37.20

  • 5 - 7

    18.70

  • 7 - 10

    6.00

  • 10 - 15

    2.40

  • 15 - 20

    1.30

  • 20 - 30

    5.10

  • 30 +

    8.50

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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