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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
    $22.03

    as of December 16, 2025
  • YTD RETURNS
    12.42%

    as of December 16, 2025
  • Total Net Assets
    $48.46M

    as of December 16, 2025
  • Total Expense Ratio
    0.40%
  • Inception Date
    04/02/2012
  • 30-Day SEC Yield
    5.34%

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  12/16/2025

Distribution Frequency

Monthly

30-Day SEC Yield

5.34%

Distribution Yield

5.28%

12 Month Yield

5.19%

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 5.34% on 12/16/25. 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) -0.06 0.16 10.94 10.08 9.96 2.01 4.39 4.22
IHY (Share Price) -0.10 0.12 11.52 10.24 9.43 2.13 4.46 4.23
HXUS (Index) 0.32 0.41 11.76 10.91 11.29 2.65 5.04 4.90
Performance Differential (NAV - Index) -0.38 -0.25 -0.82 -0.83 -1.33 -0.64 -0.65 -0.68
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
04/02/12
IHY (NAV) 0.68 2.25 11.51 8.33 12.93 3.14 4.59 4.32
IHY (Share Price) 0.44 1.66 11.87 7.94 13.05 3.11 4.61 4.31
HXUS (Index) 0.69 2.48 12.07 9.21 14.31 3.81 5.24 4.98
Performance Differential (NAV - Index) -0.01 -0.23 -0.56 -0.88 -1.38 -0.67 -0.65 -0.66

*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 12/16/2025

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 $22.03
$21.98 		29,998
15,268 		$0.02 / +0.07%
$-0.04 / -0.18% 		+12.42%
+12.62% 		$-0.05
-0.22% 		0.32%

Fees

Holdings

Daily Holdings (%) as of 12/16/2025

Download XLS Get holdings
Total Holdings: 574
Holding Name % of Net
Assets
Maturity
Identifier (FIGI)
 Coupon Asset Class Market Value
Par Value/ Contracts
 Country Currency Notional Value
Petroleos Mexicanos 0.58
02/16/2032
BBG015PXLJ57
 6.700 Bond 280301.41
275,000
 Mexico USD --
Petroleos Mexicanos 0.53
01/23/2050
BBG00XKLY8D9
 7.690 Bond 255415.90
275,000
 Mexico USD --
Wepa Hygieneprodukte Gmbh 0.52
01/15/2031
BBG01L0FT0K4
 5.625 Bond 252018.97
200,000
 Germany EUR --
British Telecommunications Plc 0.51
10/03/2054
BBG01M5D2J84
 5.125 Bond 247968.98
200,000
 United Kingdom EUR --
Teva Pharmaceutical Finance Netherlands 0.50
05/09/2030
BBG0136TNQ18
 4.375 Bond 243515.39
200,000
 Netherlands EUR --
Banco Bpm Spa 0.50
11/26/2036
BBG01QXVDV03
 4.500 Bond 243063.23
200,000
 Italy EUR --
Inpost Sa 0.49
04/01/2031
BBG01X4PH3Y4
 4.000 Bond 237892.92
200,000
 Poland EUR --
Mundys Spa 0.48
02/12/2028
BBG00Z6NSJ30
 1.875 Bond 234258.95
200,000
 Italy EUR --
Electricite De France Sa 0.47
09/15/2071
BBG00X6ZBM75
 3.375 Bond 227163.46
200,000
 France EUR --
Vz Vendor Financing Ii Bv 0.46
01/15/2029
BBG00YG1TGD4
 2.875 Bond 223735.44
200,000
 Netherlands EUR --
Telecom Italia Capital Sa 0.46
06/04/2038
BBG00000X252
 7.721 Bond 222110.72
200,000
 Italy USD --
Zf Europe Finance Bv 0.45
10/23/2029
BBG00QKHKDY4
 3.000 Bond 218990.20
200,000
 Germany EUR --
Turkiye Ihracat Kredi Bankasi As 0.45
01/28/2027
BBG01JX2Y9P2
 9.000 Bond 217444.12
200,000
 Turkey USD --
Bapco Energies Bsc Closed 0.43
10/25/2027
BBG00HZYT9D4
 7.500 Bond 210105.53
200,000
 Bahrain USD --
Dar Al-Arkan Sukuk Co Ltd 0.43
07/02/2030
BBG01VR86881
 7.250 Bond 209790.13
200,000
 Cayman Islands USD --
Alpha Star Holding Viii Ltd 0.43
04/12/2027
BBG01JLRW446
 8.375 Bond 209345.83
200,000
 United Arab Emirates USD --
Fibercop Spa 0.41
06/04/2038
BBG01NL845N6
 7.721 Bond 201077.72
200,000
 United States USD --
Softbank Group Corp 0.41
09/19/2027
BBG00HPCXC41
 5.125 Bond 201013.72
200,000
 Japan USD --
Softbank Group Corp 0.41
07/19/2067
BBG00H33CYF8
 6.875 Bond 200818.97
200,000
 Japan USD --
Virgin Media Vendor Financing Notes Iii 0.41
07/15/2028
BBG00V7Q1L44
 4.875 Bond 200272.70
150,000
 Ireland GBP --
Cfamc Iii Co Ltd 0.41
11/07/2027
BBG00J3QGMZ3
 4.250 Bond 200126.06
200,000
 China USD --
Samarco Mineracao Sa 0.41
06/30/2031
BBG01KH0FB04
 9.500 Bond 199409.72
191,564
 Brazil USD --
Binghatti Sukuk 2 Spv Ltd 0.41
07/02/2029
BBG01XH55QQ5
 7.750 Bond 199391.67
200,000
 United Arab Emirates USD --
Bper Banca Spa 0.40
09/11/2029
BBG01J62HT40
 5.750 Bond 191427.36
150,000
 Italy EUR --
Upl Corp Ltd 0.39
06/16/2030
BBG00VCMHVJ2
 4.625 Bond 188568.30
200,000
 Mauritius USD --
Grupo Nutresa Sa 0.35
05/12/2035
BBG01TVRY5T1
 9.000 Bond 170894.59
150,000
 Colombia USD --
Nissan Motor Co Ltd 0.34
09/17/2030
BBG00X7YT6N5
 4.810 Bond 167077.62
175,000
 Japan USD --
Belron Uk Finance Plc 0.32
10/15/2029
BBG01Q32YVC4
 5.750 Bond 154074.67
150,000
 United Kingdom USD --
Genmab A/S/Genmab Finance Llc 0.32
12/15/2032
BBG01YGQ23X4
 6.250 Bond 153739.52
150,000
 Denmark USD --
Aes Panama Generation Holdings Srl 0.32
05/31/2030
BBG00WLL1Y58
 4.375 Bond 153151.79
163,364
 Panama USD --
Aroundtown Finance Sarl 0.32
11/07/2074
BBG01MNZP0J9
 7.875 Bond 152791.39
150,000
 Luxembourg USD --
Nissan Motor Co Ltd 0.31
09/17/2027
BBG00X7YS2P3
 4.345 Bond 149389.91
150,000
 Japan USD --
Petroleos Mexicanos 0.31
01/28/2031
BBG00XKLXL14
 5.950 Bond 149307.46
150,000
 Mexico USD --
Vodafone Group Plc 0.31
08/30/2086
BBG01GSLNZH5
 8.000 Bond 149139.83
100,000
 United Kingdom GBP --
Edge Finco Plc 0.30
08/15/2031
BBG01Q33CRW3
 8.125 Bond 145226.12
100,000
 United Kingdom GBP --
Dresdner Funding Trust I 0.30
06/30/2031
BBG0000259Q1
 8.151 Bond 143051.04
125,000
 Germany USD --
Boots Group Finco Lp 0.29
08/31/2032
BBG01W397K49
 7.375 Bond 142478.95
100,000
 United States GBP --
B&M European Value Retail Sa 0.29
11/15/2030
BBG01K4FP2S4
 8.125 Bond 141162.31
100,000
 United Kingdom GBP --
National Bank Of Greece Sa 0.29
01/03/2034
BBG01JJ37CH8
 8.000 Bond 140162.32
100,000
 Greece EUR --
Electricite De France Sa 0.29
03/17/2075
BBG01PP18479
 7.375 Bond 140140.54
100,000
 France GBP --
Saavi Energia Sarl 0.29
02/10/2035
BBG01S4PQ936
 8.875 Bond 140038.18
125,000
 Luxembourg USD --
Jerrold Finco Plc 0.29
04/15/2030
BBG01M5DX679
 7.875 Bond 139918.85
100,000
 United Kingdom GBP --
Electricite De France Sa 0.28
07/22/2064
BBG005TSHYD8
 5.875 Bond 137756.85
100,000
 France GBP --
Bayer Ag 0.28
09/25/2083
BBG01JG299X0
 7.000 Bond 137381.81
100,000
 Germany EUR --
Var Energi Asa 0.28
11/15/2083
BBG01K1XB5F0
 7.862 Bond 137260.81
100,000
 Norway EUR --
Air France-Klm 0.28
05/31/2028
BBG01C6ZFD76
 8.125 Bond 135866.81
100,000
 France EUR --
Teva Pharmaceutical Finance Netherlands 0.28
09/15/2029
BBG01FNWDH25
 7.375 Bond 135289.65
100,000
 Netherlands EUR --
Accor Sa 0.28
04/11/2074
BBG01JLS20H1
 7.250 Bond 135217.18
100,000
 France EUR --
Cpi Property Group Sa 0.27
01/22/2028
BBG00RDG2W98
 2.750 Bond 132743.46
100,000
 Luxembourg GBP --
Fibercop Spa 0.27
07/31/2028
BBG01NLGHQX7
 7.875 Bond 132494.47
100,000
 United States EUR --
Iliad Sa 0.27
02/15/2030
BBG01F5S4K18
 5.625 Bond 132228.93
100,000
 France EUR --
Koninklijke Kpn Nv 0.27
12/21/2072
BBG019LTDL83
 6.000 Bond 130599.97
100,000
 Netherlands EUR --
Banca Ifis Spa 0.27
02/27/2029
BBG01LLZ1BQ7
 5.500 Bond 129852.07
100,000
 Italy EUR --
Webuild Spa 0.27
09/27/2028
BBG01JFH97L5
 7.000 Bond 129624.06
100,000
 Italy EUR --
Lhmc Finco 2 Sarl 0.27
05/15/2030
BBG01TT1BNW3
 8.625 Bond 129349.88
104,766
 Luxembourg EUR --
Telefonica Europe Bv 0.27
04/15/2075
BBG01LV3QX00
 5.752 Bond 129132.27
100,000
 Netherlands EUR --
Alpha Bank Sa 0.27
09/13/2034
BBG01N5CJPY3
 6.000 Bond 128676.72
100,000
 Greece EUR --
Eurofins Scientific Se 0.26
12/31/2049
BBG01CCV3F85
 6.750 Bond 128297.09
100,000
 France EUR --
New Immo Holding Sa 0.26
03/22/2029
BBG01JDFZZP6
 6.000 Bond 128055.55
100,000
 France EUR --
Telefonica Europe Bv 0.26
11/23/2073
BBG01BHWTD41
 7.125 Bond 127997.84
100,000
 Netherlands EUR --
Saipem Finance International Bv 0.26
05/30/2030
BBG01N088FQ0
 4.875 Bond 127877.70
100,000
 Netherlands EUR --
Heathrow Finance Plc 0.26
09/01/2029
BBG00QTXHV01
 4.625 Bond 127464.50
100,000
 United Kingdom GBP --
Rossini Sarl 0.26
12/31/2029
BBG01NP68348
 6.750 Bond 127454.88
100,000
 Luxembourg EUR --
Bellis Acquisition Co Plc 0.26
05/14/2030
BBG01MNJSDH6
 8.125 Bond 126993.01
100,000
 United Kingdom GBP --
Alstom Sa 0.26
12/31/2049
BBG01N07Q5P5
 5.868 Bond 126973.31
100,000
 France EUR --
Amber Finco Plc 0.26
07/15/2029
BBG01NKW8L19
 6.625 Bond 126812.29
100,000
 United Kingdom EUR --
Metro Ag 0.26
03/05/2030
BBG01SHZSY97
 4.000 Bond 126796.98
100,000
 Germany EUR --
New Immo Holding Sa 0.26
04/17/2028
BBG01MBYJ538
 5.875 Bond 126650.49
100,000
 France EUR --
Tennet Holding Bv 0.26
04/01/2032
BBG01LY08T93
 4.875 Bond 126545.97
100,000
 Netherlands EUR --
Luna 1.5 Sarl 0.26
07/01/2032
BBG01WH3DTJ5
 10.500 Bond 126310.23
100,000
 Luxembourg EUR --
Picard Groupe Sas 0.26
07/01/2029
BBG01NH85HB7
 6.375 Bond 126173.89
100,000
 France EUR --
Abertis Infraestructuras Finance Bv 0.26
02/28/2075
BBG01QXJ9BY2
 4.870 Bond 125775.25
100,000
 Netherlands EUR --
Alstria Office Reit-Ag 0.26
03/20/2031
BBG01SRM1GG5
 5.500 Bond 125428.38
100,000
 Germany EUR --
Ams-Osram Ag 0.26
03/30/2029
BBG01K4G61H7
 10.500 Bond 125349.76
100,000
 Austria EUR --
Mbh Bank Nyrt 0.26
01/29/2030
BBG01RX1TYL1
 5.250 Bond 125278.77
100,000
 Hungary EUR --
Essendi Sa 0.26
10/15/2029
BBG01PSNKHP5
 6.375 Bond 125204.94
100,000
 Luxembourg EUR --
Ardonagh Finco Ltd 0.26
02/15/2031
BBG01LC3NKY5
 6.875 Bond 125150.57
100,000
 United Kingdom EUR --
Cma Cgm Sa 0.26
07/15/2029
BBG01NHB3LJ5
 5.500 Bond 124876.83
100,000
 France EUR --
Czechoslovak Group As 0.26
01/10/2031
BBG01VQYYKM1
 5.250 Bond 124853.94
100,000
 Czech Republic EUR --
Energo - Pro As 0.26
05/27/2030
BBG01TW2P4Q1
 8.000 Bond 124830.60
100,000
 Czech Republic EUR --
Piraeus Financial Holdings Sa 0.26
09/18/2035
BBG01PNLTN45
 5.375 Bond 124818.73
100,000
 Greece EUR --
Edp Sa 0.26
09/16/2054
BBG01PNL53P2
 4.625 Bond 124785.35
100,000
 Portugal EUR --
Rci Banque Sa 0.26
10/09/2034
BBG01NH7FJV2
 5.500 Bond 124766.72
100,000
 France EUR --
Prysmian Spa 0.26
12/31/2049
BBG01TYD7GC3
 5.250 Bond 124764.59
100,000
 Italy EUR --
Virgin Media Secured Finance Plc 0.26
01/15/2030
BBG00QG1H2Z1
 4.250 Bond 124734.33
100,000
 United Kingdom GBP --
Edp Sa 0.26
05/29/2054
BBG01N07D7S2
 4.750 Bond 124704.31
100,000
 Portugal EUR --
Iliad Sa 0.26
06/14/2027
BBG01BW9JZT0
 5.375 Bond 124679.97
100,000
 France EUR --
Schaeffler Ag 0.26
03/28/2030
BBG01M429GJ6
 4.500 Bond 124546.52
100,000
 Germany EUR --
Iho Verwaltungs Gmbh 0.26
05/15/2028
BBG01G12YF15
 8.750 Bond 124087.11
100,000
 Germany EUR --
Boots Group Finco Lp 0.26
08/31/2032
BBG01W38BPZ1
 5.375 Bond 124019.97
100,000
 United States EUR --
Finnair Oyj 0.26
05/24/2029
BBG01MVPDP19
 4.750 Bond 124012.75
100,000
 Finland EUR --
Volvo Car Ab 0.26
05/31/2028
BBG017QJS4Q6
 4.250 Bond 123848.67
100,000
 Sweden EUR --
Fnac Darty Sa 0.26
04/01/2029
BBG01M2CM426
 6.000 Bond 123764.57
100,000
 France EUR --
Valeo Se 0.26
04/11/2030
BBG01M9GLHB2
 4.500 Bond 123681.44
100,000
 France EUR --
Softbank Group Corp 0.26
01/08/2029
BBG01NHGH4M3
 5.375 Bond 123667.49
100,000
 Japan EUR --
A2a Spa 0.25
12/31/2049
BBG01N5B1BP5
 5.000 Bond 123543.12
100,000
 Italy EUR --
Nexans Sa 0.25
05/29/2029
BBG01N07TD39
 4.125 Bond 123481.12
100,000
 France EUR --
Opal Bidco Sas 0.25
03/31/2032
BBG01T0J02L5
 5.500 Bond 123034.42
100,000
 France EUR --
Petroleos Mexicanos 0.25
02/26/2029
BBG00KXPPSX8
 4.750 Bond 123017.72
100,000
 Mexico EUR --
Cidron Aida Finco Sarl 0.25
10/27/2031
BBG01T4LH210
 7.000 Bond 123008.85
100,000
 Luxembourg EUR --
Nidda Healthcare Holding Gmbh 0.25
02/21/2030
BBG01Q6TN3J9
 5.625 Bond 122965.64
100,000
 Germany EUR --
Forvia Se 0.25
06/15/2030
BBG01SX2CN93
 5.625 Bond 122830.64
100,000
 France EUR --
Verisure Holding Ab 0.25
05/15/2030
BBG01MNJFHS9
 5.500 Bond 122667.66
100,000
 Sweden EUR --
1011778 Bc Ulc / New Red Finance Inc 0.25
02/15/2029
BBG00XY80957
 3.500 Bond 122534.14
125,000
 Canada USD --
Boels Topholding Bv 0.25
05/15/2030
BBG01MG2C923
 5.750 Bond 122450.80
100,000
 Netherlands EUR --
Techem Verwaltungsgesellschaft 675 Mbh 0.25
07/15/2029
BBG01MBKQN04
 5.375 Bond 122316.84
100,000
 Germany EUR --
Infrastrutture Wireless Italiane Spa 0.25
04/01/2030
BBG01T1WYGB8
 3.750 Bond 122180.47
100,000
 Italy EUR --
Lottomatica Group Spa 0.25
06/01/2030
BBG01MV9PYN9
 5.375 Bond 122154.00
100,000
 Italy EUR --
Vmed O2 Uk Financing I Plc 0.25
07/15/2031
BBG011K2BYS2
 4.500 Bond 122098.03
100,000
 United Kingdom GBP --
Sunrise Finco I Bv 0.25
05/15/2032
BBG01V563Z00
 4.625 Bond 122084.53
100,000
 Netherlands EUR --
Loarre Investments Sarl 0.25
05/15/2029
BBG0178HB399
 6.500 Bond 122009.84
100,000
 Luxembourg EUR --
Banca Transilvania Sa 0.25
09/30/2030
BBG01Q06GZ11
 5.125 Bond 121968.03
100,000
 Romania EUR --
Forvia Se 0.25
06/15/2031
BBG01LR2M2L6
 5.500 Bond 121948.54
100,000
 France EUR --
Azelis Finance Nv 0.25
09/25/2029
BBG01PPNGHJ0
 4.750 Bond 121887.61
100,000
 Belgium EUR --
Unibail-Rodamco-Westfield Se 0.25
10/04/2075
BBG01T2Q2DC1
 4.875 Bond 121785.79
100,000
 France EUR --
Seche Environnement Saca 0.25
03/25/2030
BBG01SWH14M0
 4.500 Bond 121702.07
100,000
 France EUR --
Public Power Corp Sa 0.25
10/31/2031
BBG01QFY1FV1
 4.625 Bond 121638.81
100,000
 Greece EUR --
Tui Cruises Gmbh 0.25
05/15/2030
BBG01QXJ0KJ8
 5.000 Bond 121516.56
100,000
 Germany EUR --
Matterhorn Telecom Sa 0.25
01/30/2030
BBG01RR68B85
 4.500 Bond 121451.47
100,000
 Luxembourg EUR --
Progroup Ag 0.25
04/15/2031
BBG01M2DPTW3
 5.375 Bond 121395.51
100,000
 Germany EUR --
Veolia Environnement Sa 0.25
08/20/2075
BBG01TYV7555
 4.371 Bond 121334.38
100,000
 France EUR --
Zf North America Capital Inc 0.25
04/23/2032
BBG01MG436C4
 6.875 Bond 121309.74
125,000
 United States USD --
Zf Europe Finance Bv 0.25
01/31/2029
BBG01L5N8DM5
 4.750 Bond 121290.37
100,000
 Netherlands EUR --
Jaguar Land Rover Automotive Plc 0.25
07/15/2028
BBG011QKYKK9
 4.500 Bond 121056.54
100,000
 United Kingdom EUR --
Eurobank Sa 0.25
04/30/2035
BBG01RXCS2C8
 4.250 Bond 120921.18
100,000
 Greece EUR --
Softbank Group Corp 0.25
04/15/2028
BBG00KF09400
 5.000 Bond 120915.04
100,000
 Japan EUR --
Verisure Midholding Ab 0.25
02/15/2029
BBG00YVS6VX8
 5.250 Bond 120522.80
100,000
 Sweden EUR --
Metlen Energy & Metals Sa 0.25
10/17/2029
BBG01Q6BTJJ7
 4.000 Bond 120370.69
100,000
 Greece EUR --
Market Bidco Finco Plc 0.25
01/31/2031
BBG01VYDFF22
 6.750 Bond 120324.17
100,000
 United Kingdom EUR --
Tereos Finance Groupe I Sa 0.25
04/15/2028
BBG01CCNVHC3
 7.250 Bond 120237.28
100,000
 France EUR --
Flora Food Management Bv 0.25
07/02/2029
BBG01NC0VCR4
 6.875 Bond 120145.11
100,000
 Netherlands EUR --
Vmed O2 Uk Financing I Plc 0.25
04/15/2032
BBG01M5CYGN0
 5.625 Bond 120086.88
100,000
 United Kingdom EUR --
Teamsystem Spa 0.25
07/01/2031
BBG01VKR4F64
 5.000 Bond 119848.82
100,000
 Italy EUR --
Currenta Group Holdings Sarl 0.25
05/15/2030
BBG01TVP8QJ9
 5.500 Bond 119812.90
100,000
 Luxembourg EUR --
Ima Industria Macchine Automatiche Spa 0.25
01/15/2028
BBG00YG1WC85
 3.750 Bond 119788.18
100,000
 Italy EUR --
Odido Holding Bv 0.25
01/15/2029
BBG013YMPPH5
 3.750 Bond 119684.99
100,000
 Netherlands EUR --
Ipd 3 Bv 0.25
06/15/2031
BBG01TR3KN97
 5.500 Bond 119619.63
100,000
 Netherlands EUR --
Almaviva-The Italian Innovation Co Spa 0.25
10/30/2030
BBG01QFZ9SW1
 5.000 Bond 119610.06
100,000
 Italy EUR --
Telenet Finance Luxembourg Notes Sarl 0.25
03/01/2028
BBG00JCPV9Q7
 3.500 Bond 119323.29
100,000
 Luxembourg EUR --
Teva Pharmaceutical Finance Netherlands 0.25
05/09/2027
BBG0136TNNQ8
 3.750 Bond 119309.53
100,000
 Netherlands EUR --
United Group Bv 0.25
02/15/2028
BBG00RHC2G52
 3.625 Bond 119207.99
100,000
 Netherlands EUR --
Fressnapf Holding Se 0.25
10/31/2031
BBG01QFY3QS9
 5.250 Bond 119158.39
100,000
 Germany EUR --
Cheplapharm Arzneimittel Gmbh 0.25
01/15/2028
BBG00XRR28C5
 4.375 Bond 119136.83
100,000
 Germany EUR --
Castellum Ab 0.25
01/01/2099
BBG0129033V0
 3.125 Bond 119075.04
100,000
 Sweden EUR --
Paprec Holding Sa 0.25
07/01/2028
BBG011JFZ815
 3.500 Bond 118998.20
100,000
 France EUR --
Renault Sa 0.25
04/01/2028
BBG00ZS963N4
 2.500 Bond 118979.98
100,000
 France EUR --
Gruenenthal Gmbh 0.25
05/15/2028
BBG010814Z05
 4.125 Bond 118843.66
100,000
 Germany EUR --
Schaeffler Ag 0.25
10/12/2028
BBG00XRR6GD2
 3.375 Bond 118753.26
100,000
 Germany EUR --
Softbank Group Corp 0.24
09/19/2029
BBG00HPJL7F8
 4.000 Bond 118004.59
100,000
 Japan EUR --
Eutelsat Sa 0.24
07/13/2027
BBG00PD35882
 2.250 Bond 117997.99
100,000
 France EUR --
Q-Park Holding I Bv 0.24
03/01/2027
BBG00RMFKL67
 2.000 Bond 117845.33
100,000
 United States EUR --
Dufry One Bv 0.24
02/15/2027
BBG00QS9WC19
 2.000 Bond 117573.27
100,000
 Netherlands EUR --
Forvia Se 0.24
06/15/2027
BBG00QV15TC3
 2.375 Bond 117306.30
100,000
 France EUR --
Grifols Sa 0.24
10/15/2028
BBG012NHPYP2
 3.875 Bond 117164.44
100,000
 Spain EUR --
Eramet Sa 0.24
11/30/2029
BBG01N07JR66
 6.500 Bond 117025.62
100,000
 France EUR --
Nissan Motor Co Ltd 0.24
09/17/2028
BBG00X9BTJL7
 3.201 Bond 116870.30
100,000
 Japan EUR --
Wintershall Dea Finance 2 Bv 0.24
01/20/2169
BBG00YVS7P79
 3.000 Bond 116681.79
100,000
 Netherlands EUR --
Heimstaden Bostad Ab 0.24
05/01/2071
BBG00Z1683Y5
 2.625 Bond 116636.05
100,000
 Sweden EUR --
Bayer Ag 0.24
11/12/2079
BBG00QT4YB55
 3.125 Bond 116582.17
100,000
 Germany EUR --
Ngg Finance Plc 0.24
09/05/2082
BBG00Q41DZT2
 2.125 Bond 116545.60
100,000
 United Kingdom EUR --
Mahle Gmbh 0.24
05/14/2028
BBG010RS7YS5
 2.375 Bond 116401.11
100,000
 Germany EUR --
Rexel Sa 0.24
06/15/2028
BBG010FN1YC2
 2.125 Bond 115790.55
100,000
 France EUR --
Softbank Group Corp 0.24
07/06/2029
BBG011MR1PW0
 3.375 Bond 115645.78
100,000
 Japan EUR --
Veolia Environnement Sa 0.24
04/20/2169
BBG00XV8V6Z9
 2.500 Bond 115437.72
100,000
 France EUR --
Snf Group Saca 0.24
02/01/2029
BBG00XD11ZP4
 2.625 Bond 115123.92
100,000
 France EUR --
Cab Selas 0.24
02/01/2028
BBG00Z1667H7
 3.375 Bond 114912.64
100,000
 France EUR --
Citycon Treasury Bv 0.24
07/08/2031
BBG01T5STVX2
 5.375 Bond 114888.72
100,000
 Netherlands EUR --
Vmed O2 Uk Financing I Plc 0.24
01/31/2031
BBG00X6ZGSY7
 3.250 Bond 114779.27
100,000
 United Kingdom EUR --
Zegona Finance Plc 0.24
07/15/2029
BBG01NL7CDB5
 6.750 Bond 114776.39
90,000
 United Kingdom EUR --
Telecom Italia Spa/Milano 0.24
01/18/2029
BBG00YV01QT0
 1.625 Bond 114710.68
100,000
 Italy EUR --
Allwyn Entertainment Financing Uk Plc 0.24
04/30/2030
BBG01G9HK8Q8
 7.250 Bond 114686.80
90,000
 United Kingdom EUR --
Poste Italiane Spa 0.24
06/24/2072
BBG011F46LK6
 2.625 Bond 114658.20
100,000
 Italy EUR --
Bulgarian Energy Holding Ead 0.24
07/22/2028
BBG011RJGLQ3
 2.450 Bond 114651.00
100,000
 Bulgaria EUR --
Ses Sa 0.24
09/12/2054
BBG01PKB6KD1
 5.500 Bond 114410.33
100,000
 Luxembourg EUR --
Telefonica Europe Bv 0.23
02/12/2170
BBG00Z4GPF10
 2.376 Bond 113748.47
100,000
 Netherlands EUR --
Orsted As 0.23
12/09/2099
BBG00R00V308
 1.750 Bond 113145.33
100,000
 Denmark EUR --
Rakuten Group Inc 0.23
04/15/2029
BBG01M7V9D79
 9.750 Bond 112943.26
100,000
 Japan USD --
Emeria Sasu 0.23
03/31/2028
BBG01DD5KKQ9
 7.750 Bond 112710.52
100,000
 France EUR --
Valeo Se 0.23
08/03/2028
BBG011XTZZP3
 1.000 Bond 112500.77
100,000
 France EUR --
Ecopetrol Sa 0.23
11/02/2031
BBG0136Y1ZJ2
 4.625 Bond 112400.65
125,000
 Colombia USD --
Bcp V Modular Services Finance Ii Plc 0.23
11/30/2028
BBG012VFPFX9
 4.750 Bond 111859.67
100,000
 United Kingdom EUR --
Yapi Ve Kredi Bankasi As 0.23
10/16/2028
BBG01J6F67Z7
 9.250 Bond 111286.47
100,000
 Turkey USD --
Loxam Sas 0.23
05/31/2029
BBG01KFNFRW6
 6.375 Bond 109834.43
90,000
 France EUR --
Eg Global Finance Plc 0.23
11/30/2028
BBG01K200S63
 12.000 Bond 109683.10
100,000
 United Kingdom USD --
Holding D'Infrastructures Des Metiers D 0.23
09/16/2028
BBG012F0KZS7
 0.625 Bond 109617.12
100,000
 France EUR --
Ineos Finance Plc 0.23
05/15/2028
BBG01F3Z6LN6
 6.625 Bond 109181.71
100,000
 United Kingdom EUR --
Akbank Tas 0.23
01/20/2030
BBG01N9SPR37
 7.498 Bond 109036.62
100,000
 Turkey USD --
Iliad Holding Sas 0.22
04/15/2031
BBG01MNPY7J6
 8.500 Bond 108825.90
100,000
 France USD --
Turkiye Vakiflar Bankasi Tao 0.22
10/05/2034
BBG01NJ8TBL1
 8.994 Bond 108789.70
100,000
 Turkey USD --
Transnet/South Africa 0.22
02/06/2028
BBG01DD2RLC2
 8.250 Bond 108783.69
100,000
 South Africa USD --
Yinson Bergenia Production Bv 0.22
01/31/2045
BBG01VT73ZK0
 8.498 Bond 108404.00
100,000
 Netherlands USD --
Tgs Asa 0.22
01/15/2030
BBG01QXJ4P67
 8.500 Bond 108222.00
100,000
 Norway USD --
Ardonagh Finco Ltd 0.22
02/15/2031
BBG01LC23V57
 7.750 Bond 107849.15
100,000
 United Kingdom USD --
Turkcell Iletisim Hizmetleri As 0.22
01/24/2030
BBG01RQT69D7
 7.450 Bond 107742.21
100,000
 Turkey USD --
Gfl Environmental Inc 0.22
01/15/2031
BBG01KCBW6L4
 6.750 Bond 107634.85
100,000
 Canada USD --
Turkiye Garanti Bankasi As 0.22
01/03/2035
BBG01QZB6RQ4
 8.125 Bond 107565.79
100,000
 Turkey USD --
Fs Luxembourg Sarl 0.22
02/12/2031
BBG01L8DV0M6
 8.875 Bond 107313.85
100,000
 Luxembourg USD --
Ziggo Bond Co Bv 0.22
02/28/2030
BBG00RMZ36S1
 3.375 Bond 107004.56
100,000
 Netherlands EUR --
Seadrill Finance Ltd 0.22
08/01/2030
BBG01HDK4L29
 8.375 Bond 106971.25
100,000
 Bermuda USD --
Digicel International Finance Ltd / Dif 0.22
08/01/2032
BBG01W9T70R8
 8.625 Bond 106814.58
100,000
 Bermuda USD --
Latam Airlines Group Sa 0.22
04/15/2030
BBG01Q3N0BS2
 7.875 Bond 106803.13
100,000
 Chile USD --
Turkiye Vakiflar Bankasi Tao 0.22
07/31/2030
BBG01VW0XPW7
 7.250 Bond 106666.32
100,000
 Turkey USD --
First Quantum Minerals Ltd 0.22
02/15/2034
BBG01WJX7WS7
 7.250 Bond 106587.16
100,000
 Canada USD --
Muangthai Capital Pcl 0.22
07/21/2030
BBG01VZ3KGC4
 7.550 Bond 106548.76
100,000
 Thailand USD --
Tc Ziraat Bankasi As 0.22
02/04/2030
BBG01S1708B0
 7.250 Bond 106527.87
100,000
 Turkey USD --
Ivanhoe Mines Ltd 0.22
01/23/2030
BBG01RV19P16
 7.875 Bond 106355.58
100,000
 Canada USD --
Kioxia Holdings Corp 0.22
07/24/2033
BBG01W344DX7
 6.625 Bond 106268.16
100,000
 Japan USD --
Ion Platform Finance Us Inc / Ion Platf 0.22
05/30/2029
BBG01XRTDZT0
 9.500 Bond 106089.99
100,000
 United States USD --
Iho Verwaltungs Gmbh 0.22
11/15/2030
BBG01Q33MTD9
 7.750 Bond 106030.52
100,000
 Germany USD --
Albion Financing 1 Sarl / Aggreko Holdi 0.22
05/21/2030
BBG01TYXTNH5
 7.000 Bond 105936.73
100,000
 Luxembourg USD --
Iifl Finance Ltd 0.22
07/24/2028
BBG01RKZF949
 8.750 Bond 105810.55
100,000
 India USD --
Nickel Industries Ltd 0.22
09/30/2030
BBG01XHJXTJ6
 9.000 Bond 105798.62
100,000
 Indonesia USD --
Turkiye Is Bankasi As 0.22
06/12/2029
BBG01N67MNY4
 7.750 Bond 105791.59
100,000
 Turkey USD --
Ecopetrol Sa 0.22
01/19/2036
BBG01KY1MDH3
 8.375 Bond 105741.12
100,000
 Colombia USD --
Mineral Resources Ltd 0.22
04/01/2031
BBG01XH51709
 7.000 Bond 105607.15
100,000
 Australia USD --
Ithaca Energy North Sea Plc 0.22
10/15/2029
BBG01Q75MTP7
 8.125 Bond 105536.77
100,000
 United Kingdom USD --
Ocp Sa 0.22
04/25/2044
BBG006BRH1Q5
 6.875 Bond 105517.90
100,000
 Morocco USD --
Oztel Holdings Spc Ltd 0.22
04/24/2028
BBG00KN0ZM84
 6.625 Bond 105379.33
100,000
 Oman USD --
Vedanta Resources Finance Ii Plc 0.22
07/24/2030
BBG01RQQTM94
 9.475 Bond 105378.50
100,000
 United Kingdom USD --
Rede D'Or Finance Sarl 0.22
09/09/2035
BBG01X2KNBG2
 6.450 Bond 105236.25
100,000
 Luxembourg USD --
Stena International Sa 0.22
01/15/2031
BBG01KXPP228
 7.250 Bond 105193.55
100,000
 Luxembourg USD --
Mineral Resources Ltd 0.22
05/01/2030
BBG017186YY6
 8.500 Bond 105160.53
100,000
 Australia USD --
Bell Telephone Co Of Canada Or Bell Can 0.22
09/15/2055
BBG01S8F16R1
 6.875 Bond 105136.95
100,000
 Canada USD --
Navoi Mining & Metallurgical Combinat 0.22
10/17/2028
BBG01Q5PB4X3
 6.700 Bond 104798.50
100,000
 Uzbekistan USD --
Delhi International Airport Ltd 0.22
06/04/2029
BBG00P2XL2D7
 6.450 Bond 104632.19
100,000
 India USD --
Turk Telekomunikasyon As 0.22
05/20/2029
BBG01MRRB516
 7.375 Bond 104615.51
100,000
 Turkey USD --
Petroleos Mexicanos 0.22
09/21/2047
BBG00FM535P8
 6.750 Bond 104569.46
125,000
 Mexico USD --
Banco Do Brasil Sa/Cayman 0.22
03/18/2031
BBG01LXCW637
 6.000 Bond 104435.40
100,000
 Brazil USD --
Altice Financing Sa 0.22
01/15/2028
BBG00RBBHG54
 5.000 Bond 104246.25
150,000
 Luxembourg USD --
Rb Global Holdings Inc 0.21
03/15/2028
BBG01FP4C6R3
 6.750 Bond 103987.75
100,000
 United States USD --
Ineos Finance Plc 0.21
04/15/2029
BBG01L7ZHZT0
 6.375 Bond 103954.00
100,000
 United Kingdom EUR --
Hta Group Ltd/Mauritius 0.21
06/04/2029
BBG01MZK6858
 7.500 Bond 103933.52
100,000
 United Kingdom USD --
Fortescue Treasury Pty Ltd 0.21
04/15/2030
BBG016LSGS92
 5.875 Bond 103918.80
100,000
 Australia USD --
Azule Energy Finance Plc 0.21
01/23/2030
BBG01RQTCMK3
 8.125 Bond 103542.97
100,000
 United Kingdom USD --
Continuum Green Energy India Pvt / Co-I 0.21
06/26/2033
BBG01N2PCYN7
 7.500 Bond 103374.07
96,450
 India USD --
Worldline Sa/France 0.21
11/27/2029
BBG01QXHXVM8
 5.250 Bond 103305.51
100,000
 France EUR --
Atos Se 0.21
12/18/2029
BBG01R8W8Y70
 7.398 Bond 103223.78
75,000
 France EUR --
Maxam Prill Sarl 0.21
07/15/2030
BBG01VQYZ2W9
 7.750 Bond 103217.78
100,000
 Luxembourg USD --
1011778 Bc Ulc / New Red Finance Inc 0.21
09/15/2029
BBG01PKLH4M3
 5.625 Bond 103186.23
100,000
 Canada USD --
Froneri Lux Finco Sarl 0.21
08/01/2032
BBG01W0ZNHQ9
 6.000 Bond 102943.56
100,000
 Luxembourg USD --
Cerdia Finanz Gmbh 0.21
10/03/2031
BBG01PZSJ379
 9.375 Bond 102865.62
100,000
 Germany USD --
Iliad Holding Sas 0.21
10/15/2028
BBG012V276L1
 7.000 Bond 102775.70
100,000
 France USD --
Cpi Property Group Sa 0.21
01/14/2030
BBG014G3F2J5
 1.750 Bond 102703.46
100,000
 Luxembourg EUR --
Banco Votorantim Sa/Luxembourg 0.21
04/08/2028
BBG01T5XYRZ2
 5.875 Bond 102666.36
100,000
 Brazil USD --
Ecopetrol Sa 0.21
04/29/2030
BBG00TGKZJN9
 6.875 Bond 102528.28
100,000
 Colombia USD --
Muthoot Finance Ltd 0.21
04/23/2029
BBG01Q9MJGK5
 6.375 Bond 102403.04
100,000
 India USD --
Sasol Financing Usa Llc 0.21
05/03/2029
BBG01GF4KYT0
 8.750 Bond 102316.25
100,000
 United States USD --
Tk Elevator Us Newco Inc 0.21
07/15/2027
BBG00VSHFQR0
 5.250 Bond 102314.55
100,000
 Luxembourg USD --
Caixa Economica Federal 0.21
05/13/2030
BBG01TX7B402
 5.625 Bond 102234.38
100,000
 Brazil USD --
Biocon Biologics Global Plc 0.21
10/09/2029
BBG01Q3XHGD7
 6.670 Bond 102017.87
100,000
 United Kingdom USD --
Wynn Macau Ltd 0.21
08/26/2028
BBG00WS5XGN0
 5.625 Bond 101676.10
100,000
 United States USD --
Oq Saoc 0.21
05/06/2028
BBG010FNPM78
 5.125 Bond 101479.17
100,000
 Oman USD --
Pluspetrol Sa 0.21
05/30/2032
BBG01V69BJ00
 8.500 Bond 101355.00
100,000
 Argentina USD --
Telecommunications Co Telekom Srbija Ad 0.21
10/28/2029
BBG01QB0YBZ8
 7.000 Bond 101322.48
100,000
 Serbia USD --
Mgm China Holdings Ltd 0.21
02/01/2027
BBG00ZSKZRB7
 4.750 Bond 101297.22
100,000
 China USD --
Ion Platform Finance Us Inc / Ion Platf 0.21
05/01/2029
BBG01XS5YP01
 8.750 Bond 101191.89
100,000
 United States USD --
Globo Comunicacao E Participacoes S/A 0.21
01/14/2032
BBG014FG46G3
 5.500 Bond 100926.26
100,000
 Brazil USD --
Bapco Energies Sukuk Ltd 0.21
04/08/2029
BBG00ZVV47G2
 5.250 Bond 100902.42
100,000
 Cayman Islands USD --
Inversiones Cmpc Sa 0.21
12/09/2057
BBG01X2KQX08
 6.700 Bond 100467.50
100,000
 Chile USD --
Methanex Corp 0.21
12/15/2029
BBG00Q6Y2GK1
 5.250 Bond 100414.34
100,000
 Canada USD --
Orbia Advance Corp Sab De Cv 0.21
05/13/2030
BBG01TS3D682
 6.800 Bond 100286.11
100,000
 Mexico USD --
Petrobras Global Finance Bv 0.21
01/10/2036
BBG01X1F2VS0
 6.250 Bond 99928.24
100,000
 Netherlands USD --
Gfl Environmental Inc 0.21
08/01/2028
BBG00Y6SB3S8
 4.000 Bond 99723.73
100,000
 Canada USD --
Petrobras Global Finance Bv 0.21
09/10/2030
BBG01X1F2VP3
 5.125 Bond 99481.51
100,000
 Netherlands USD --
Central American Bottling Corp / Cbc Bo 0.21
04/27/2029
BBG014QZPM26
 5.250 Bond 99393.05
100,000
 Guatemala USD --
Intrum Investments And Financing Ab 0.20
09/11/2030
BBG01W8ZD908
 8.500 Bond 99105.11
100,000
 Sweden EUR --
Jsw Steel Ltd 0.20
04/05/2032
BBG012JDBC51
 5.050 Bond 98810.50
100,000
 India USD --
Melco Resorts Finance Ltd 0.20
12/04/2029
BBG00QYZLJ02
 5.375 Bond 98532.24
100,000
 China USD --
Toucan Finco Ltd/Toucan Finco Can Inc/T 0.20
05/15/2030
BBG01TRLYDG6
 9.500 Bond 98428.19
100,000
 Jersey USD --
Cpi Property Group Sa 0.20
01/27/2031
BBG00YZ28JL9
 1.500 Bond 98172.61
100,000
 Luxembourg EUR --
Studio City Finance Ltd 0.20
01/15/2029
BBG00YRFTQK1
 5.000 Bond 97921.78
100,000
 China USD --
Sunrise Finco I Bv 0.20
07/15/2031
BBG00ZXXQW40
 4.875 Bond 97771.87
100,000
 Netherlands USD --
Motion Bondco Dac 0.20
11/15/2027
BBG00QKDSSF3
 6.625 Bond 97546.65
100,000
 United Kingdom USD --
Atlantica Sustainable Infrastructure Lt 0.20
06/15/2028
BBG0110RHYG6
 4.125 Bond 97278.84
100,000
 United Kingdom USD --
San Miguel Industrias Pet Sa / Ng Pet R 0.20
08/02/2028
BBG011Y7VGL0
 3.750 Bond 96921.69
100,000
 Peru USD --
Constellium Se 0.20
04/15/2029
BBG00Z6PNZ07
 3.750 Bond 96747.70
100,000
 France USD --
Aegea Finance Sarl 0.20
01/20/2036
BBG01XL79P48
 7.625 Bond 96325.00
100,000
 Luxembourg USD --
Canpack Sa / Canpack Us Llc 0.20
11/15/2029
BBG012TG3JT1
 3.875 Bond 95671.08
100,000
 Poland USD --
1011778 Bc Ulc / New Red Finance Inc 0.20
10/15/2030
BBG00XDH1DV1
 4.000 Bond 95549.10
100,000
 Canada USD --
Ion Platform Finance Us Inc 0.20
09/30/2032
BBG01XHZDMM3
 7.875 Bond 95366.07
100,000
 Luxembourg USD --
Mobico Group Plc 0.20
09/26/2031
BBG01JCXZ137
 4.875 Bond 95261.36
100,000
 United Kingdom EUR --
Sierracol Energy Andina Llc/Sierracol E 0.20
11/14/2030
BBG01YDMMPG4
 9.000 Bond 95255.50
100,000
 United States USD --
Ziggo Bv 0.20
01/15/2030
BBG00QL6KSS1
 4.875 Bond 95240.02
100,000
 Netherlands USD --
Natura &Co Luxembourg Holdings Sarl 0.20
05/03/2028
BBG010FXDT92
 4.125 Bond 95193.92
100,000
 Brazil USD --
Vmed O2 Uk Financing I Plc 0.20
07/15/2031
BBG011K2BTP6
 4.750 Bond 94519.36
100,000
 United Kingdom USD --
Enfragen Energia Sur Sa / Enfragen Spai 0.19
12/30/2030
BBG00YGL2V64
 5.375 Bond 94349.05
100,000
 United States USD --
Vodafone Group Plc 0.19
06/04/2081
BBG0118XKVS4
 4.125 Bond 93966.27
100,000
 United Kingdom USD --
Ecopetrol Sa 0.19
09/18/2043
BBG00582F0G1
 7.375 Bond 93301.50
100,000
 Colombia USD --
Csn Resources Sa 0.19
12/05/2030
BBG01KD6MWS1
 8.875 Bond 92388.99
100,000
 Luxembourg USD --
Klabin Austria Gmbh 0.19
01/12/2031
BBG00YS3VZM2
 3.200 Bond 91580.87
100,000
 Brazil USD --
Asg Finance Dac 0.19
05/15/2029
BBG01MS0QRS1
 9.750 Bond 89996.84
100,000
 Ireland USD --
Sbb Treasury Oyj 0.18
11/26/2029
BBG0113FTGF6
 1.125 Bond 86278.69
100,000
 Finland EUR --
Cerba Healthcare Saca 0.18
05/31/2028
BBG010WH0NQ6
 3.500 Bond 86160.63
100,000
 France EUR --
Ypf Sa 0.18
09/11/2031
BBG01PL2DPW0
 8.750 Bond 85655.19
81,000
 Argentina USD --
Rakuten Group Inc 0.17
02/15/2027
BBG01L6Y6ZC4
 11.250 Bond 83011.87
75,000
 Japan USD --
Ecopetrol Sa 0.17
01/13/2033
BBG01C9JG584
 8.875 Bond 82625.98
75,000
 Colombia USD --
Nissan Motor Co Ltd 0.17
07/17/2035
BBG01W15W3Q5
 8.125 Bond 82157.11
75,000
 Japan USD --
Telecom Argentina Sa 0.17
07/18/2031
BBG01NR55KZ9
 9.500 Bond 82086.25
75,000
 Argentina USD --
Bombardier Inc 0.17
11/15/2030
BBG01K1Z2S29
 8.750 Bond 81517.79
75,000
 Canada USD --
Connect Finco Sarl / Connect Us Finco L 0.17
09/15/2029
BBG01PNMWYR0
 9.000 Bond 81247.74
75,000
 Luxembourg USD --
Vodafone Group Plc 0.17
04/04/2079
BBG00NR6TKJ0
 7.000 Bond 80276.46
75,000
 United Kingdom USD --
Amer Sports Co 0.16
02/16/2031
BBG01LCJHJ43
 6.750 Bond 79797.34
75,000
 United States USD --
Vodafone Group Plc 0.16
06/04/2081
BBG0118XWJT7
 5.125 Bond 79712.32
100,000
 United Kingdom USD --
Ecopetrol Sa 0.16
02/01/2032
BBG01Q6VXC30
 7.750 Bond 79258.96
75,000
 Colombia USD --
Petrobras Global Finance Bv 0.16
01/27/2028
BBG00LQM92M8
 5.999 Bond 78375.38
75,000
 Brazil USD --
Petroleos Mexicanos 0.16
03/13/2027
BBG00K5W8536
 6.500 Bond 77450.84
75,000
 Mexico USD --
Panama Infrastructure Receivable Purcha 0.16
04/05/2032
BBG01M8LQMT7
 -- Bond 77313.00
100,000
 United Kingdom USD --
Sable International Finance Ltd 0.16
10/15/2032
BBG01Q0829S1
 7.125 Bond 77096.91
75,000
 Cayman Islands USD --
Ineos Quattro Finance 2 Plc 0.16
03/15/2029
BBG01K1X8412
 9.625 Bond 77007.29
100,000
 United Kingdom USD --
Garda World Security Corp 0.16
11/15/2032
BBG01QK41LZ4
 8.375 Bond 76733.86
75,000
 Canada USD --
Avianca Midco 2 Plc 0.16
12/01/2028
BBG01S6ZX4Q0
 9.000 Bond 76256.25
75,000
 United Kingdom USD --
Pampa Energia Sa 0.15
12/16/2034
BBG01R6JH3V2
 7.875 Bond 74871.57
75,000
 Argentina USD --
1011778 Bc Ulc / New Red Finance Inc 0.15
01/15/2028
BBG00Q6KWZM4
 3.875 Bond 74693.07
75,000
 Canada USD --
Wynn Macau Ltd 0.15
12/15/2029
BBG00R28RQ49
 5.125 Bond 74298.38
75,000
 United States USD --
Altice France Sa 0.15
03/15/2032
BBG01XFDXS85
 6.500 Bond 74162.37
77,010
 France USD --
Ypf Sa 0.15
09/30/2033
BBG00Z73N6V5
 7.000 Bond 74124.55
75,000
 Argentina USD --
Air Canada 0.15
08/15/2029
BBG011Y65982
 4.625 Bond 73690.76
100,000
 Canada CAD --
Rogers Communications Inc 0.15
12/17/2081
BBG013ZG9JY0
 5.000 Bond 73572.93
100,000
 Canada CAD --
Goeasy Ltd 0.15
10/01/2030
BBG01T2D4T97
 7.375 Bond 72811.31
75,000
 Canada USD --
Greenko Power Ii Ltd 0.15
12/13/2028
BBG013Y4NYJ6
 4.300 Bond 72115.64
76,000
 Mauritius USD --
Empresas Publicas De Medellin Esp 0.15
07/18/2029
BBG00PPPYQ97
 4.250 Bond 72055.37
75,000
 Colombia USD --
Petrobras Global Finance Bv 0.15
06/05/2115
BBG009BNFQ03
 6.850 Bond 71595.89
75,000
 Brazil USD --
Open Text Corp 0.15
12/01/2029
BBG013FZTRY0
 3.875 Bond 71235.27
75,000
 Canada USD --
Minerva Luxembourg Sa 0.15
03/18/2031
BBG00ZJ0C016
 4.375 Bond 70582.76
75,000
 Luxembourg USD --
Star Energy Geothermal Wayang Windu Ltd 0.14
04/24/2033
BBG00KN7FXK3
 6.750 Bond 66132.18
63,750
 Singapore USD --
Petroleos Del Peru Sa 0.13
06/19/2032
BBG00GXFJWB1
 4.750 Bond 63854.24
75,000
 Peru USD --
Petroleos Mexicanos 0.12
02/07/2033
BBG01JLH8JY9
 10.000 Bond 59870.69
50,000
 Mexico USD --
Telus Corp 0.12
07/21/2055
BBG01THX43T2
 6.250 Bond 59457.13
75,000
 Canada CAD --
Electricite De France Sa 0.12
12/15/2073
BBG01GY7Z5X4
 9.125 Bond 58263.87
50,000
 France USD --
Mong Duong Finance Holdings Bv 0.12
05/07/2029
BBG00PV1N2T6
 5.125 Bond 57721.70
57,938
 United States USD --
Bell Telephone Co Of Canada Or Bell Can 0.12
03/27/2055
BBG01T0616K4
 5.625 Bond 56501.08
75,000
 Canada CAD --
Bombardier Inc 0.12
05/01/2034
BBG00008TWC6
 7.450 Bond 56371.52
50,000
 Canada USD --
Ecopetrol Sa 0.11
01/19/2029
BBG01H7RQ9N1
 8.625 Bond 55578.50
50,000
 Colombia USD --
Yinson Boronia Production Bv 0.11
07/31/2042
BBG01N1PJKD2
 8.947 Bond 55087.49
49,055
 Netherlands USD --
Grupo Nutresa Sa 0.11
05/12/2030
BBG01TVSWJ66
 8.000 Bond 54917.00
50,000
 Colombia USD --
Bombardier Inc 0.11
07/01/2031
BBG01M4T02S7
 7.250 Bond 54893.49
50,000
 Canada USD --
First Quantum Minerals Ltd 0.11
03/01/2033
BBG01SCY2QG2
 8.000 Bond 54532.14
50,000
 Canada USD --
Energean Israel Finance Ltd 0.11
09/30/2033
BBG01H754DC6
 8.500 Bond 54425.27
50,000
 Israel USD --
Aegea Finance Sarl 0.11
01/20/2031
BBG01JJW4PT5
 9.000 Bond 54359.05
50,000
 Luxembourg USD --
Eregli Demir Ve Celik Fabrikalari Tas 0.11
07/23/2029
BBG01NQ3FV17
 8.375 Bond 54344.01
50,000
 Turkey USD --
First Quantum Minerals Ltd 0.11
03/01/2029
BBG01LNT8JM9
 9.375 Bond 54219.03
50,000
 Canada USD --
Ld Celulose International Gmbh 0.11
01/26/2032
BBG01Q0W1NP1
 7.950 Bond 54001.62
50,000
 Austria USD --
Vedanta Resources Finance Ii Plc 0.11
09/17/2029
BBG01PK89165
 10.875 Bond 53952.56
50,000
 United Kingdom USD --
Nissan Motor Co Ltd 0.11
07/17/2030
BBG01W15W3K1
 7.500 Bond 53928.58
50,000
 Japan USD --
Banco Bradesco Sa/Cayman Islands 0.11
01/22/2030
BBG01RR8DS42
 6.500 Bond 53882.06
50,000
 Brazil USD --
Vallourec Saca 0.11
04/15/2032
BBG01MG0MQ00
 7.500 Bond 53868.70
50,000
 France USD --
Standard Chartered Plc 0.11
07/30/2049
BBG0000HWJH6
 7.014 Bond 53779.10
50,000
 United Kingdom USD --
Petroleos Mexicanos 0.11
06/02/2029
BBG019SQ9ZW9
 8.750 Bond 53766.74
50,000
 Mexico USD --
Baytex Energy Corp 0.11
04/30/2030
BBG01G6Y9WV8
 8.500 Bond 53495.72
50,000
 Canada USD --
Telus Corp 0.11
07/21/2055
BBG01THX4465
 6.750 Bond 53273.47
65,000
 Canada CAD --
South Bow Canadian Infrastructure Holdi 0.11
03/01/2055
BBG01VZZ64G2
 7.625 Bond 53253.80
50,000
 Canada USD --
Eushi Finance Inc 0.11
12/15/2054
BBG01R8YWGX9
 7.625 Bond 53098.12
50,000
 United States USD --
Cemex Sab De Cv 0.11
12/31/2049
BBG01VCXTY26
 7.200 Bond 53042.50
50,000
 Mexico USD --
Teva Pharmaceutical Finance Netherlands 0.11
03/01/2028
BBG00KP7PJ85
 6.750 Bond 52991.37
50,000
 Israel USD --
Garrett Motion Holdings Inc / Garrett L 0.11
05/31/2032
BBG01MRC7JY8
 7.750 Bond 52969.65
50,000
 United States USD --
Rogers Communications Inc 0.11
04/15/2055
BBG01S7NLHJ8
 7.000 Bond 52897.70
50,000
 Canada USD --
Oryx Funding Ltd 0.11
02/03/2031
BBG00Z1WYYL5
 5.800 Bond 52882.95
50,000
 Cayman Islands USD --
Medco Maple Tree Pte Ltd 0.11
04/27/2029
BBG01JS8QGG8
 8.960 Bond 52858.51
50,000
 Singapore USD --
Ypf Sa 0.11
01/17/2034
BBG01RP2B2J0
 8.250 Bond 52855.50
50,000
 Argentina USD --
Itau Unibanco Holding Sa/Cayman Island 0.11
02/27/2030
BBG01SGH85Q4
 6.000 Bond 52850.75
50,000
 Brazil USD --
Petrobras Global Finance Bv 0.11
01/20/2040
BBG0000H86Z1
 6.875 Bond 52847.88
50,000
 Brazil USD --
First Quantum Minerals Ltd 0.11
06/01/2031
BBG01GNY62R3
 8.625 Bond 52823.00
50,000
 Canada USD --
Nova Chemicals Corp 0.11
11/15/2028
BBG01K2LJKD6
 8.500 Bond 52757.33
50,000
 Canada USD --
Howden Uk Refinance Plc / Howden Uk Ref 0.11
02/15/2031
BBG01L81FSK1
 7.250 Bond 52726.39
50,000
 United Kingdom USD --
Ihs Holding Ltd 0.11
11/29/2031
BBG01QVH0Q47
 8.250 Bond 52662.43
50,000
 United Kingdom USD --
Telus Corp 0.11
10/15/2055
BBG01VRMXWT4
 7.000 Bond 52662.10
50,000
 Canada USD --
Capstone Copper Corp 0.11
03/31/2033
BBG01SZYR852
 6.750 Bond 52567.70
50,000
 Canada USD --
Banijay Entertainment Sas 0.11
05/01/2029
BBG01J7C5F95
 8.125 Bond 52565.03
50,000
 France USD --
Banco Btg Pactual Sa/Cayman Islands 0.11
04/08/2029
BBG01M8K3762
 6.250 Bond 52541.64
50,000
 Cayman Islands USD --
Termocandelaria Power Sa 0.11
09/17/2031
BBG01PNNG3L0
 7.750 Bond 52541.03
50,000
 Colombia USD --
Sisecam Uk Plc 0.11
05/02/2032
BBG01MLSF2Y7
 8.625 Bond 52487.89
50,000
 United Kingdom USD --
Mersin Uluslararasi Liman Isletmeciligi 0.11
11/15/2028
BBG01K1XCKP5
 8.250 Bond 52469.80
50,000
 Turkey USD --
Fortescue Treasury Pty Ltd 0.11
04/15/2032
BBG016LSGX55
 6.125 Bond 52390.55
50,000
 Australia USD --
Banco Internacional Del Peru Saa Interb 0.11
04/30/2035
BBG01S0P2VJ0
 6.397 Bond 52311.47
50,000
 Peru USD --
Arcor Saic 0.11
07/31/2033
BBG01W9T6FD1
 7.600 Bond 52166.11
50,000
 Argentina USD --
Petroleos Mexicanos 0.11
01/23/2030
BBG00XK37FS7
 6.840 Bond 52163.50
50,000
 Mexico USD --
Petrobras Global Finance Bv 0.11
01/27/2041
BBG001DJX3T7
 6.750 Bond 51966.73
50,000
 Brazil USD --
Teva Pharmaceutical Finance Netherlands 0.11
12/01/2030
BBG01V434WV0
 5.750 Bond 51842.21
50,000
 Netherlands USD --
Lcpr Senior Secured Financing Dac 0.11
10/15/2027
BBG00QJCQBG5
 6.750 Bond 51789.94
75,000
 United States USD --
We Soda Investments Holding Plc 0.11
10/06/2028
BBG01JJ4K2R2
 9.500 Bond 51600.78
50,000
 United Kingdom USD --
Rakuten Group Inc 0.11
12/31/2049
BBG01R329JC7
 8.125 Bond 51520.09
50,000
 Japan USD --
Zf North America Capital Inc 0.11
04/14/2028
BBG01G4WNB08
 6.875 Bond 51460.71
50,000
 United States USD --
Shriram Finance Ltd 0.11
04/22/2027
BBG01L0KG232
 6.625 Bond 51455.36
50,000
 India USD --
Fibercop Spa 0.11
07/18/2036
BBG01NL820F8
 7.200 Bond 51436.00
50,000
 United States USD --
Mazoon Assets Co Saoc 0.11
10/09/2031
BBG01Q32ZMJ6
 5.250 Bond 51430.32
50,000
 Oman USD --
1011778 Bc Ulc / New Red Finance Inc 0.11
06/15/2029
BBG01N73ZBQ3
 6.125 Bond 51399.72
50,000
 Canada USD --
Klabin Austria Gmbh 0.11
04/03/2029
BBG00NQJG7L3
 5.750 Bond 51331.72
50,000
 Brazil USD --
Braskem Netherlands Finance Bv 0.11
01/12/2031
BBG01J7C9V78
 8.500 Bond 51244.79
125,000
 Netherlands USD --
Rumo Luxembourg Sarl 0.11
01/10/2028
BBG00VSZG693
 5.250 Bond 51169.33
50,000
 Brazil USD --
Melco Resorts Finance Ltd 0.11
07/17/2027
BBG00PNVM791
 5.625 Bond 51151.81
50,000
 China USD --
Melco Resorts Finance Ltd 0.11
07/21/2028
BBG00W26SNM8
 5.750 Bond 51138.71
50,000
 China USD --
California Buyer Ltd / Atlantica Sustai 0.11
02/15/2032
BBG01QG10N00
 6.375 Bond 51024.33
50,000
 United States USD --
Brookfield Residential Properties Inc / 0.11
09/15/2027
BBG00Q72H2D3
 6.250 Bond 50979.76
50,000
 Canada USD --
Vistajet Malta Finance Plc / Vista Mana 0.11
05/01/2027
BBG016XSPMY4
 7.875 Bond 50944.91
50,000
 Malta USD --
Investment Energy Resources Ltd 0.11
04/26/2029
BBG010423G00
 6.250 Bond 50928.94
50,000
 Bermuda USD --
Grupo Aeromexico Sab De Cv 0.11
11/15/2031
BBG01QJTB2T9
 8.625 Bond 50920.32
50,000
 Mexico USD --
Renew Pvt Ltd 0.10
03/05/2027
BBG00RHG9140
 5.875 Bond 50801.54
50,000
 India USD --
Teva Pharmaceutical Finance Netherlands 0.10
05/09/2029
BBG0136TNRY0
 5.125 Bond 50738.86
50,000
 Netherlands USD --
Petrobras Global Finance Bv 0.10
01/13/2035
BBG01PKM1VL9
 6.000 Bond 50672.92
50,000
 Netherlands USD --
Rogers Communications Inc 0.10
03/15/2082
BBG015476304
 5.250 Bond 50513.40
50,000
 Canada USD --
Amaggi Luxembourg International Sarl 0.10
01/28/2028
BBG00Z0HH595
 5.250 Bond 50390.01
50,000
 Brazil USD --
Algonquin Power & Utilities Corp 0.10
01/18/2082
BBG014J7ZRW1
 4.750 Bond 50280.43
50,000
 Canada USD --
Banistmo Sa 0.10
07/31/2027
BBG00WC6FPR1
 4.250 Bond 50269.91
50,000
 Panama USD --
Alsea Sab De Cv 0.10
12/14/2026
BBG013XYL588
 7.750 Bond 50140.21
50,000
 Mexico USD --
Fibercop Spa 0.10
11/15/2033
BBG01NL7JJV3
 6.375 Bond 50138.69
50,000
 United States USD --
Instituto Costarricense De Electricidad 0.10
05/15/2043
BBG004CZFY54
 6.375 Bond 50093.19
50,000
 Costa Rica USD --
Cosan Luxembourg Sa 0.10
09/20/2029
BBG00PT7JK20
 5.500 Bond 49836.47
50,000
 Brazil USD --
Sasol Financing Usa Llc 0.10
09/27/2028
BBG00LYB0LD0
 6.500 Bond 49830.31
50,000
 South Africa USD --
Global Auto Holdings Ltd/Aag Fh Uk Ltd 0.10
01/15/2032
BBG01KXQBMR0
 8.750 Bond 49783.56
50,000
 United Kingdom USD --
Petrorio Luxembourg Holding Sarl 0.10
10/15/2030
BBG01XRQ1F31
 6.750 Bond 49653.13
50,000
 Luxembourg USD --
Rede D'Or Finance Sarl 0.10
01/22/2030
BBG00RD5CJS9
 4.500 Bond 49605.59
50,000
 Brazil USD --
Virgin Media Secured Finance Plc 0.10
05/15/2029
BBG00P3B2R77
 5.500 Bond 49565.55
50,000
 United Kingdom USD --
Zf North America Capital Inc 0.10
04/23/2030
BBG01MG435M5
 6.750 Bond 49541.99
50,000
 United States USD --
Brf Sa 0.10
01/24/2030
BBG00QB0QPR6
 4.875 Bond 49531.04
50,000
 Brazil USD --
Centrais Eletricas Brasileiras Sa 0.10
02/04/2030
BBG00RLT4FJ5
 4.625 Bond 49269.67
50,000
 Brazil USD --
Vistajet Malta Finance Plc / Vista Mana 0.10
02/01/2030
BBG014MRX6D2
 6.375 Bond 49243.55
50,000
 Malta USD --
Garda World Security Corp 0.10
06/01/2029
BBG01136V362
 6.000 Bond 48975.83
50,000
 Canada USD --
Fortescue Treasury Pty Ltd 0.10
04/01/2031
BBG00ZQT8CF9
 4.375 Bond 48663.21
50,000
 Australia USD --
Open Text Holdings Inc 0.10
02/15/2030
BBG00RMHJC65
 4.125 Bond 48410.03
50,000
 United States USD --
Uzbekneftegaz Jsc 0.10
11/16/2028
BBG013FT6XR4
 4.750 Bond 48368.17
50,000
 Uzbekistan USD --
Minsur Sa 0.10
10/28/2031
BBG0135W9LG3
 4.500 Bond 48106.75
50,000
 Peru USD --
Bangkok Bank Pcl/Hong Kong 0.10
09/25/2034
BBG00Q9CZ0R8
 3.733 Bond 47881.02
50,000
 Thailand USD --
Grupo Aval Ltd 0.10
02/04/2030
BBG00RKLP6Y3
 4.375 Bond 47792.43
50,000
 Colombia USD --
B3 Sa - Brasil Bolsa Balcao 0.10
09/20/2031
BBG012JJ5104
 4.125 Bond 47522.92
50,000
 Brazil USD --
Petroleos Mexicanos 0.10
06/15/2035
BBG000098L86
 6.625 Bond 47488.76
50,000
 Mexico USD --
Csn Inova Ventures 0.10
01/28/2028
BBG00RJSXJQ2
 6.750 Bond 47081.99
50,000
 Brazil USD --
Aston Martin Capital Holdings Ltd 0.10
03/31/2029
BBG01LY7J2N9
 10.000 Bond 46739.20
50,000
 United Kingdom USD --
Colombia Telecomunicaciones Sa Esp 0.10
07/17/2030
BBG00VYK0RJ9
 4.950 Bond 46632.63
50,000
 Spain USD --
Marb Bondco Plc 0.10
01/29/2031
BBG00YXT5SV4
 3.950 Bond 46179.02
50,000
 Brazil USD --
Falabella Sa 0.09
01/15/2032
BBG012Y3XSM8
 3.375 Bond 45549.14
50,000
 Chile USD --
Ai Candelaria -Spain- Sa 0.09
06/15/2033
BBG010Z7ZJX8
 5.750 Bond 44648.96
50,000
 Spain USD --
Nemak Sab De Cv 0.09
06/28/2031
BBG011KMQCZ2
 3.625 Bond 44145.39
50,000
 Mexico USD --
Petroleos Mexicanos 0.09
06/02/2041
BBG0021PGYX0
 6.500 Bond 43889.78
50,000
 Mexico USD --
Zorlu Enerji Elektrik Uretim As 0.09
04/23/2030
BBG01QB1G2Z6
 11.000 Bond 43858.89
50,000
 Turkey USD --
Braskem Idesa Sapi 0.09
11/15/2029
BBG00QYZW9K0
 7.450 Bond 43687.50
75,000
 Brazil USD --
Borr Ihc Ltd / Borr Finance Llc 0.09
11/15/2028
BBG01JWX7X45
 10.000 Bond 43470.86
42,683
 Bermuda USD --
Husky Injection Molding Systems Ltd / T 0.09
02/15/2029
BBG01L549X42
 9.000 Bond 43287.88
40,000
 Canada USD --
Anglogold Ashanti Holdings Plc 0.09
04/15/2040
BBG00007JLB4
 6.500 Bond 43260.07
40,000
 Tanzania USD --
Sasol Financing Usa Llc 0.09
03/18/2031
BBG00ZMDN5R3
 5.500 Bond 42880.61
50,000
 United States USD --
Rb Global Holdings Inc 0.09
03/15/2031
BBG01FP4C6V8
 7.750 Bond 42611.11
40,000
 United States USD --
Global Aircraft Leasing Co Ltd 0.09
09/01/2027
BBG01P6VXL50
 8.750 Bond 42367.20
40,000
 Cayman Islands USD --
Petroleos Mexicanos 0.09
01/28/2060
BBG00XKLYGH7
 6.950 Bond 42123.64
50,000
 Mexico USD --
Leviathan Bond Ltd 0.09
06/30/2030
BBG00WBMK1K1
 6.750 Bond 41963.20
40,000
 Israel USD --
Matterhorn Telecom Sa 0.09
09/15/2026
BBG00Q5KXXZ5
 3.125 Bond 41872.19
35,293
 France EUR --
Petroleos Mexicanos 0.09
01/23/2045
BBG0076DCXD9
 6.375 Bond 41734.46
50,000
 Mexico USD --
Mc Brazil Downstream Trading Sarl 0.09
06/30/2031
BBG011RV1HN4
 7.250 Bond 41329.14
45,610
 Luxembourg USD --
Petroleos Mexicanos 0.08
02/12/2048
BBG00MKQBK86
 6.350 Bond 40382.63
50,000
 Mexico USD --
Nova Chemicals Corp 0.08
06/01/2027
BBG00GQT7JP6
 5.250 Bond 40317.77
40,000
 Canada USD --
Teva Pharmaceutical Finance Netherlands 0.08
10/01/2046
BBG00DDM0L65
 4.100 Bond 38243.57
50,000
 Israel USD --
Csn Resources Sa 0.08
06/10/2031
BBG011991JM0
 4.625 Bond 37857.28
50,000
 Luxembourg USD --
Rogers Communications Inc 0.08
04/15/2055
BBG01S7RCX68
 5.625 Bond 37541.86
50,000
 Canada CAD --
Ecopetrol Sa 0.08
05/28/2045
BBG006JMY0P2
 5.875 Bond 37471.23
50,000
 Colombia USD --
Pembina Pipeline Corp 0.08
01/25/2081
BBG00YVJKH27
 4.800 Bond 36871.50
50,000
 Canada CAD --
Consolidated Energy Finance Sa 0.07
02/15/2031
BBG01L8DHMM4
 12.000 Bond 36102.50
50,000
 Luxembourg USD --
Lorca Telecom Bondco Sa 0.07
09/18/2027
BBG00XJCF3P0
 4.000 Bond 35423.67
29,787
 Spain EUR --
Altice Financing Sa 0.07
08/15/2029
BBG0120R4JV4
 5.750 Bond 34663.54
50,000
 Luxembourg USD --
Energean Israel Finance Ltd 0.07
03/30/2031
BBG00ZH95YG7
 5.875 Bond 34305.49
35,000
 Luxembourg USD --
Mercer International Inc 0.07
02/01/2029
BBG011BQFNL6
 5.125 Bond 32740.16
50,000
 Canada USD --
Petroleos Mexicanos 0.06
02/12/2028
BBG00MKQBK22
 5.350 Bond 30703.65
30,000
 Mexico USD --
Kosmos Energy Ltd 0.06
10/01/2031
BBG01PP4PD29
 8.750 Bond 29718.76
50,000
 United States USD --
Adecoagro Sa 0.06
07/29/2032
BBG01W9T66W0
 7.500 Bond 28909.75
30,000
 Luxembourg USD --
New Flyer Holdings Inc 0.06
07/01/2030
BBG01V8S34J8
 9.250 Bond 28071.19
25,000
 United States USD --
Nufarm Australia Ltd / Nufarm Americas 0.06
01/27/2030
BBG014QLLCL2
 5.000 Bond 27896.50
30,000
 Australia USD --
Nova Chemicals Corp 0.06
02/15/2030
BBG01LC4HF71
 9.000 Bond 27501.80
25,000
 Canada USD --
Champion Iron Canada Inc 0.06
07/15/2032
BBG01VS14PS7
 7.875 Bond 27339.34
25,000
 Canada USD --
South Bow Canadian Infrastructure Holdi 0.06
03/01/2055
BBG01W00BB73
 7.500 Bond 27225.42
25,000
 Canada USD --
Aeropuertos Dominicanos Siglo Xxi Sa 0.06
06/30/2034
BBG01NK9DQZ6
 7.000 Bond 27022.17
25,000
 Dominican Republic USD --
Navoi Mining & Metallurgical Combinat 0.06
10/17/2031
BBG01Q5PB4Z1
 6.950 Bond 26974.93
25,000
 Uzbekistan USD --
Ypf Sa 0.06
06/30/2029
BBG00Z73L2C7
 2.500 Bond 26935.23
25,000
 Argentina USD --
New Gold Inc 0.06
04/01/2032
BBG01SNF87H6
 6.875 Bond 26859.40
25,000
 Canada USD --
Bombardier Inc 0.06
02/01/2029
BBG01CCWPVM8
 7.500 Bond 26842.64
25,000
 Canada USD --
Transportadora De Gas Del Sur Sa 0.06
07/24/2031
BBG01NWTBP10
 8.500 Bond 26814.55
25,000
 Argentina USD --
Rogers Communications Inc 0.06
04/15/2055
BBG01S7PCM11
 7.125 Bond 26799.82
25,000
 Canada USD --
Taseko Mines Ltd 0.06
05/01/2030
BBG01MBN6YF0
 8.250 Bond 26785.92
25,000
 Canada USD --
Petrobras Global Finance Bv 0.06
07/03/2033
BBG01H6WSCT6
 6.500 Bond 26785.42
25,000
 Netherlands USD --
Mineral Resources Ltd 0.06
10/01/2028
BBG01JJHWN03
 9.250 Bond 26785.20
25,000
 Australia USD --
Jones Deslauriers Insurance Management 0.06
03/15/2030
BBG01FPHCQY2
 8.500 Bond 26691.41
25,000
 Canada USD --
Cia De Minas Buenaventura Saa 0.05
02/04/2032
BBG01S2SVBL1
 6.800 Bond 26626.23
25,000
 Peru USD --
Teva Pharmaceutical Finance Co Llc 0.05
02/01/2036
BBG0000BW204
 6.150 Bond 26619.53
25,000
 Israel USD --
Petrobras Global Finance Bv 0.05
01/17/2027
BBG00FQK9ZF0
 7.375 Bond 26535.08
25,000
 Brazil USD --
Heritage Petroleum Co Ltd 0.05
08/12/2029
BBG0178K40P8
 9.000 Bond 26535.00
25,000
 Trinidad And Tobago USD --
Petrobras Global Finance Bv 0.05
03/17/2044
BBG0064M2HN8
 7.250 Bond 26494.51
25,000
 Brazil USD --
Bombardier Inc 0.05
06/01/2032
BBG01N09RMJ0
 7.000 Bond 26431.04
25,000
 Canada USD --
Pan American Energy Llc/Argentina 0.05
04/30/2032
BBG01MMR0VB5
 8.500 Bond 26424.58
25,000
 Argentina USD --
Telecom Italia Capital Sa 0.05
11/15/2033
BBG00003HHT5
 6.375 Bond 26316.62
25,000
 Italy USD --
Teva Pharmaceutical Finance Netherlands 0.05
12/01/2032
BBG01V434WZ6
 6.000 Bond 26260.71
25,000
 Netherlands USD --
Karoon Usa Finance Inc 0.05
05/14/2029
BBG01MRJB2W7
 10.500 Bond 26249.55
25,000
 Australia USD --
Transalta Corp 0.05
11/15/2029
BBG01BHXY103
 7.750 Bond 26168.50
25,000
 Canada USD --
Altagas Ltd 0.05
10/15/2054
BBG01PSR8PF3
 7.200 Bond 26163.65
25,000
 Canada USD --
Puma International Financing Sa 0.05
04/25/2029
BBG01MDBLW25
 7.750 Bond 26160.51
25,000
 Luxembourg USD --
Golomt Bank 0.05
05/20/2027
BBG01MRYH9W3
 11.000 Bond 26080.01
25,000
 Mongolia USD --
Petroleos Mexicanos 0.05
01/23/2027
BBG00XK333L5
 6.490 Bond 26072.66
25,000
 Mexico USD --
Northriver Midstream Finance Lp 0.05
07/15/2032
BBG01NH91847
 6.750 Bond 26047.29
25,000
 Canada USD --
Petroleos Mexicanos 0.05
01/23/2029
BBG00MKQBK40
 6.500 Bond 26022.51
25,000
 Mexico USD --
Tecpetrol Sa 0.05
01/22/2033
BBG01RQZXH90
 7.625 Bond 26010.59
25,000
 Argentina USD --
Empire Communities Corp 0.05
05/01/2029
BBG01MG4S8Q8
 9.750 Bond 25989.88
25,000
 Canada USD --
Leviathan Bond Ltd 0.05
06/30/2027
BBG00WBMK194
 6.500 Bond 25963.83
25,000
 Israel USD --
Ypf Sa 0.05
07/21/2027
BBG00H5RJ6W8
 6.950 Bond 25901.46
25,000
 Argentina USD --
Petrobras Global Finance Bv 0.05
01/03/2031
BBG00V3LZFM5
 5.600 Bond 25858.87
25,000
 Brazil USD --
Eldorado Gold Corp 0.05
09/01/2029
BBG012311Y48
 6.250 Bond 25715.56
25,000
 Canada USD --
Hudbay Minerals Inc 0.05
04/01/2029
BBG00X7K5LF7
 6.125 Bond 25600.46
25,000
 Peru USD --
Bombardier Inc 0.05
02/15/2028
BBG0122ZBW29
 6.000 Bond 25587.53
25,000
 Canada USD --
Cascades Inc/Cascades Usa Inc 0.05
01/15/2028
BBG00QTYP589
 5.375 Bond 25531.20
25,000
 Canada USD --
Vista Energy Argentina Sau 0.05
06/10/2033
BBG01VCXTPN2
 8.500 Bond 25465.97
25,000
 Argentina USD --
Petrobras Global Finance Bv 0.05
03/19/2049
BBG00NKXZ8F2
 6.900 Bond 25349.08
25,000
 Brazil USD --
Great Canadian Gaming Corp/Raptor Llc 0.05
11/15/2029
BBG01QK72LJ4
 8.750 Bond 25347.95
25,000
 -- USD --
Teine Energy Ltd 0.05
04/15/2029
BBG00ZS0HF63
 6.875 Bond 25341.53
25,000
 Canada USD --
Iamgold Corp 0.05
10/15/2028
BBG00X70CQJ8
 5.750 Bond 25324.14
25,000
 Burkina Faso USD --
Ypf Energia Electrica Sa 0.05
10/16/2032
BBG01Q782C61
 7.875 Bond 25323.92
25,000
 Argentina USD --
Fortescue Treasury Pty Ltd 0.05
09/15/2027
BBG00Q6B3SX0
 4.500 Bond 25275.43
25,000
 Australia USD --
Teva Pharmaceutical Finance Netherlands 0.05
05/09/2027
BBG0136VL8H8
 4.750 Bond 25154.98
25,000
 Netherlands USD --
Tecpetrol Sa 0.05
11/03/2030
BBG01Y75K2K6
 7.625 Bond 25107.03
25,000
 Argentina USD --
Indika Energy Tbk Pt 0.05
05/07/2029
BBG01MLQCVM3
 8.750 Bond 24992.84
25,000
 Indonesia USD --
Energean Israel Finance Ltd 0.05
03/30/2028
BBG00ZH95TN0
 5.375 Bond 24970.83
25,000
 Luxembourg USD --
Gfl Environmental Inc 0.05
08/15/2029
BBG01210LSM3
 4.375 Bond 24932.25
25,000
 Canada USD --
Gfl Environmental Inc 0.05
06/15/2029
BBG0118Z53R9
 4.750 Bond 24921.80
25,000
 Canada USD --
Mattamy Group Corp 0.05
03/01/2030
BBG00RTVJ9N5
 4.625 Bond 24587.26
25,000
 Canada USD --
Vista Energy Argentina Sau 0.05
12/10/2035
BBG01R3XS182
 7.625 Bond 24566.11
25,000
 Argentina USD --
Nova Chemicals Corp 0.05
05/15/2029
BBG010H455F8
 4.250 Bond 24562.40
25,000
 Canada USD --
Superior Plus Lp / Superior General Par 0.05
03/15/2029
BBG00ZHC2JW8
 4.500 Bond 24488.99
25,000
 Canada USD --
Ats Corp 0.05
12/15/2028
BBG00YJ6YV32
 4.125 Bond 24280.48
25,000
 Canada USD --
Brookfield Residential Properties Inc / 0.05
06/15/2029
BBG01103BGG4
 5.000 Bond 24172.98
25,000
 Canada USD --
Vermilion Energy Inc 0.05
02/15/2033
BBG01S19DB34
 7.250 Bond 24114.55
25,000
 Canada USD --
Rakuten Group Inc 0.05
04/22/2170
BBG0101ZKQV5
 6.250 Bond 24055.25
25,000
 Japan USD --
Goeasy Ltd 0.05
05/15/2030
BBG01QG0XJM1
 6.875 Bond 23808.08
25,000
 Canada USD --
Saturn Oil & Gas Inc 0.05
06/15/2029
BBG01N641V12
 9.625 Bond 23669.53
24,000
 Canada USD --
Georgian Railway Jsc 0.05
06/17/2028
BBG011DF2Q99
 4.000 Bond 23585.44
25,000
 Georgia USD --
Open Text Holdings Inc 0.05
12/01/2031
BBG013FZTNB4
 4.125 Bond 23308.31
25,000
 United States USD --
Playtika Holding Corp 0.05
03/15/2029
BBG00ZHSBT79
 4.250 Bond 22484.61
25,000
 United States USD --
Ypf Sa 0.05
12/15/2047
BBG00JFF1FQ5
 7.000 Bond 21858.78
25,000
 Argentina USD --
Petrobras Global Finance Bv 0.04
06/10/2051
BBG01198GJR1
 5.500 Bond 20831.65
25,000
 Netherlands USD --
Braskem Netherlands Finance Bv 0.04
01/10/2028
BBG00HWFLW45
 4.500 Bond 20755.00
50,000
 Brazil USD --
Capital Power Corp 0.04
06/05/2054
BBG01MVRVFF2
 8.125 Bond 20493.45
25,000
 Canada CAD --
Altagas Ltd 0.04
11/10/2083
BBG01K2CXZ47
 8.900 Bond 20386.52
25,000
 Canada CAD --
Braskem Netherlands Finance Bv 0.04
02/13/2033
BBG01F5V0F16
 7.250 Bond 20165.43
50,000
 Brazil USD --
Telesat Canada / Telesat Llc 0.04
12/06/2026
BBG010171MH3
 5.625 Bond 19847.66
25,000
 Canada USD --
Brookfield Property Finance Ulc 0.04
02/13/2028
BBG01F6NJ0V3
 7.125 Bond 19553.62
25,000
 Canada CAD --
Altagas Ltd 0.04
08/17/2082
BBG01922BRF4
 7.350 Bond 19526.86
25,000
 Canada CAD --
Cineplex Inc 0.04
03/31/2029
BBG01LK9GSV7
 7.625 Bond 19487.34
25,000
 Canada CAD --
Transalta Corp 0.04
03/24/2032
BBG01T022WT6
 5.625 Bond 19476.69
25,000
 Canada CAD --
Braskem Netherlands Finance Bv 0.04
01/31/2030
BBG00QQ65F56
 4.500 Bond 19326.75
50,000
 Brazil USD --
Keyera Corp 0.04
06/13/2079
BBG01YCKYVF4
 6.875 Bond 19311.97
25,000
 Canada CAD --
Inter Pipeline Ltd/Ab 0.04
03/26/2079
BBG00NPHH8B6
 6.875 Bond 19306.59
25,000
 Canada CAD --
Transalta Corp 0.04
03/24/2032
BBG01T08GTB4
 5.625 Bond 19259.03
25,000
 Canada CAD --
Cogeco Communications Inc 0.04
02/27/2029
BBG01LNVK7B8
 6.125 Bond 19162.06
25,000
 Canada CAD --
Keyera Corp 0.04
03/10/2081
BBG01YCLFWB5
 5.950 Bond 19028.29
25,000
 Canada CAD --
Doman Building Materials Group Ltd 0.04
09/17/2029
BBG01PNN5F35
 7.500 Bond 19018.19
25,000
 Canada CAD --
Ats Corp 0.04
08/21/2032
BBG01P85Z1H4
 6.500 Bond 18920.06
25,000
 Canada CAD --
Tamarack Valley Energy Ltd 0.04
05/10/2027
BBG0152YZMR4
 7.250 Bond 18656.81
25,000
 Canada CAD --
Sleep Country Canada Holdings Inc 0.04
11/28/2032
BBG01QYFBZQ2
 6.625 Bond 18590.13
25,000
 Canada CAD --
Brookfield Property Finance Ulc 0.04
01/15/2027
BBG00RD2D7T0
 3.930 Bond 18465.82
25,000
 Canada CAD --
Braskem Netherlands Finance Bv 0.04
01/31/2050
BBG00QQ65JL0
 5.875 Bond 18449.13
50,000
 Brazil USD --
Peru Lng Srl 0.04
03/22/2030
BBG00KB82RQ5
 5.375 Bond 18378.60
18,753
 Peru USD --
Laurentian Bank Of Canada 0.04
06/15/2032
BBG0169YGX10
 5.095 Bond 18285.44
25,000
 Canada CAD --
Superior Plus Lp 0.04
05/18/2028
BBG010H509T7
 4.250 Bond 18030.38
25,000
 Canada CAD --
Kronos Acquisition Holdings Inc 0.04
06/30/2031
BBG01NH93523
 8.250 Bond 17928.26
25,000
 United States USD --
Mv24 Capital Bv 0.04
06/01/2034
BBG00PWN9WQ0
 6.748 Bond 17155.66
17,351
 Brazil USD --
Goeasy Ltd 0.03
12/01/2028
BBG01K4JHPS4
 9.250 Bond 15406.20
15,000
 Canada USD --
Goeasy Ltd 0.03
07/01/2029
BBG01LM17SJ6
 7.625 Bond 15229.81
15,000
 Canada USD --
Dye & Durham Ltd 0.03
04/15/2029
BBG01M7TZ180
 8.625 Bond 14087.15
15,000
 Canada USD --
Ambipar Lux Sarl 0.02
02/06/2031
BBG01L8DR862
 9.875 Bond 11188.00
50,000
 Luxembourg USD --
Altagas Ltd 0.02
01/11/2082
BBG014DCZNQ2
 5.250 Bond 11176.54
15,000
 Canada CAD --
Ardagh Packaging Finance Plc / Ardagh H 0.02
08/15/2027
--
5.250 Bond 8713.13
30,000
 Luxembourg USD --
Altice France Lux 3 / Altice Holdings 1 0.02
--
BBG01XMSM4F1
 -- Stock 8146.31
452
 Luxembourg EUR --
Corus Entertainment Inc 0.01
05/11/2028
BBG0109ZR5H2
 5.000 Bond 6727.83
25,000
 Canada CAD --
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 589.68
100,000
 Spain EUR --
Bakrie Telecom Pte Ltd 0.00
01/01/2099
BBG00006Z907
 11.500 Bond 577.50
150,000
 Indonesia USD --
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 --
0.75
--
--
-- Cash Bal 361895.17
307,473
 Europe EUR --
0.35
--
--
-- Cash Bal 168636.41
168,636
 United States USD --
0.16
--
--
-- Cash Bal 75677.75
104,046
 Canada CAD --
0.02
--
--
-- Cash Bal 7730.46
5,762
 United Kingdom GBP --
Other/Cash -0.31
--
--
-- Cash -151641.41
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 11/30/2025

U.S. Dollar 54.00
Euro 39.62
British Pound 3.62
Canadian Dollar 1.75
Other/Cash 1.01

Credit Quality (%) as of 11/30/2025

Composite % of Net Assets
Non-Investment Grade D 0.14
Investment Grade BBB 2.04
Non-Investment Grade BB 60.64
B 30.59
CCC 2.35
CC 0.18
C 0.01
Total Non-Investment Grade -- 0.14
Total Investment Grade -- 2.04
Total Non-Investment Grade -- 93.78
Not Rated -- 3.03
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 11/30/2025

  • Years

    Maturity (%)

  • < 1

    0.00

  • 1 - 3

    21.10

  • 3 - 5

    37.70

  • 5 - 7

    17.10

  • 7 - 10

    5.90

  • 10 - 15

    2.50

  • 15 - 20

    1.30

  • 20 - 30

    5.20

  • 30 +

    9.20

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
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 $ 0.1017 -- -- -- $ 0.10
12/02/2024 12/02/2024 12/05/2024 $ 0.1010 -- -- -- $ 0.10
11/01/2024 11/01/2024 11/06/2024 $ 0.0987 -- -- -- $ 0.10
10/01/2024 10/01/2024 10/04/2024 $ 0.0951 -- -- -- $ 0.10
09/03/2024 09/03/2024 09/06/2024 $ 0.0969 -- -- -- $ 0.10
08/01/2024 08/01/2024 08/06/2024 $ 0.0922 -- -- -- $ 0.09
07/01/2024 07/01/2024 07/05/2024 $ 0.0994 -- -- -- $ 0.10
06/03/2024 06/03/2024 06/06/2024 $ 0.1009 -- -- -- $ 0.10
04/23/2024 04/24/2024 04/29/2024 $ 0.0941 -- -- -- $ 0.09
04/01/2024 04/02/2024 04/05/2024 $ 0.0965 -- -- -- $ 0.10
03/01/2024 03/04/2024 03/07/2024 $ 0.0799 -- -- -- $ 0.08
02/01/2024 02/02/2024 02/07/2024 $ 0.0905 -- -- -- $ 0.09
12/27/2023 12/28/2023 12/29/2023 $ 0.0657 -- -- $ 0.0179 $ 0.08
12/01/2023 12/04/2023 12/07/2023 $ 0.0548 -- -- $ 0.0150 $ 0.07
11/01/2023 11/02/2023 11/07/2023 $ 0.0561 -- -- $ 0.0153 $ 0.07
10/02/2023 10/03/2023 10/06/2023 $ 0.0715 -- -- $ 0.0195 $ 0.09
09/01/2023 09/05/2023 09/08/2023 $ 0.0594 -- -- $ 0.0162 $ 0.08
08/01/2023 08/02/2023 08/10/2023 $ 0.0597 -- -- $ 0.0163 $ 0.08
07/03/2023 07/05/2023 07/07/2023 $ 0.0534 -- -- $ 0.0146 $ 0.07
06/01/2023 06/02/2023 06/07/2023 $ 0.0687 -- -- $ 0.0188 $ 0.09
04/24/2023 04/25/2023 04/28/2023 $ 0.0595 -- -- $ 0.0262 $ 0.09
04/03/2023 04/04/2023 04/10/2023 $ 0.0608 -- -- $ 0.0268 $ 0.09
03/01/2023 03/02/2023 03/07/2023 $ 0.0541 -- -- $ 0.0238 $ 0.08
02/01/2023 02/02/2023 02/07/2023 $ 0.0630 -- -- $ 0.0278 $ 0.09
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 $ 0.0889 -- -- $ 0.0066 $ 0.10
04/01/2021 04/05/2021 04/08/2021 $ 0.0917 -- -- $ 0.0068 $ 0.10
03/01/2021 03/02/2021 03/05/2021 $ 0.0793 -- -- $ 0.0059 $ 0.09
02/01/2021 02/02/2021 02/05/2021 $ 0.0903 -- -- $ 0.0068 $ 0.10
12/29/2020 12/30/2020 01/05/2021 $ 0.0938 -- -- $ 0.0050 $ 0.10
12/01/2020 12/02/2020 12/07/2020 $ 0.0969 -- -- $ 0.0051 $ 0.10
11/02/2020 11/03/2020 11/06/2020 $ 0.0965 -- -- $ 0.0051 $ 0.10
10/01/2020 10/02/2020 10/07/2020 $ 0.0915 -- -- $ 0.0048 $ 0.10
09/01/2020 09/02/2020 09/08/2020 $ 0.0893 -- -- $ 0.0047 $ 0.09
08/03/2020 08/04/2020 08/07/2020 $ 0.0986 -- -- $ 0.0052 $ 0.10
07/01/2020 07/02/2020 07/08/2020 $ 0.0848 -- -- $ 0.0045 $ 0.09
06/01/2020 06/02/2020 06/05/2020 $ 0.1028 -- -- $ 0.0054 $ 0.11
04/24/2020 04/27/2020 04/30/2020 $ 0.0871 -- -- $ 0.0241 $ 0.11
04/01/2020 04/02/2020 04/07/2020 $ 0.0803 -- -- $ 0.0222 $ 0.10
03/02/2020 03/03/2020 03/06/2020 $ 0.0757 -- -- $ 0.0209 $ 0.10
02/03/2020 02/04/2020 02/07/2020 $ 0.0802 -- -- $ 0.0222 $ 0.10
12/30/2019 12/31/2019 01/06/2020 $ 0.1050 -- -- -- $ 0.11
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 $ 0.0817 -- -- $ 0.0145 $ 0.10
04/01/2019 04/02/2019 04/05/2019 $ 0.0840 -- -- $ 0.0149 $ 0.10
03/01/2019 03/04/2019 03/07/2019 $ 0.0701 -- -- $ 0.0124 $ 0.08
02/01/2019 02/04/2019 02/07/2019 $ 0.0840 -- -- $ 0.0149 $ 0.10
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 $ 0.0497 -- -- $ 0.0373 $ 0.09
04/02/2018 04/03/2018 04/06/2018 $ 0.0506 -- -- $ 0.0380 $ 0.09
03/01/2018 03/02/2018 03/07/2018 $ 0.0353 -- -- $ 0.0264 $ 0.06
02/01/2018 02/02/2018 02/07/2018 $ 0.0560 -- -- $ 0.0420 $ 0.10
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 $ 0.10
03/01/2017 03/03/2017 03/07/2017 -- -- -- $ 0.0847 $ 0.08
02/01/2017 02/03/2017 02/07/2017 -- -- -- $ 0.1080 $ 0.11
12/28/2016 12/30/2016 01/04/2017 $ 0.0862 -- -- $ 0.0059 $ 0.09
12/01/2016 12/05/2016 12/07/2016 $ 0.0880 -- -- $ 0.0060 $ 0.09
11/01/2016 11/03/2016 11/07/2016 $ 0.0911 -- -- $ 0.0062 $ 0.10
10/03/2016 10/05/2016 10/07/2016 $ 0.0936 -- -- $ 0.0064 $ 0.10
09/01/2016 09/06/2016 09/08/2016 $ 0.0936 -- -- $ 0.0064 $ 0.10
08/01/2016 08/03/2016 08/05/2016 $ 0.0972 -- -- $ 0.0066 $ 0.10
07/01/2016 07/06/2016 07/08/2016 $ 0.0974 -- -- $ 0.0066 $ 0.10
06/01/2016 06/03/2016 06/07/2016 $ 0.0936 -- -- $ 0.0064 $ 0.10
05/02/2016 05/04/2016 05/06/2016 $ 0.0931 -- -- $ 0.0063 $ 0.10
04/01/2016 04/05/2016 04/07/2016 $ 0.0078 -- -- $ 0.1042 $ 0.11
03/01/2016 03/03/2016 03/07/2016 $ 0.0067 -- -- $ 0.0893 $ 0.10
02/01/2016 02/03/2016 02/05/2016 $ 0.0083 -- -- $ 0.1096 $ 0.12
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 $ 0.0115 -- -- $ 0.1035 $ 0.12
03/02/2015 03/04/2015 03/06/2015 $ 0.0100 -- -- $ 0.0900 $ 0.10
02/02/2015 02/04/2015 02/06/2015 $ 0.0111 -- -- $ 0.1001 $ 0.11
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 -- -- -- $ 0.16
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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