UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-08839
SPDR® SERIES TRUST
(Exact name of registrant as specified in charter)
One Iron Street, Boston, Massachusetts 02210
(Address of principal executive offices) (zip code)
Sean O’Malley, Esq.
Senior Vice President and General Counsel
c/o SSGA Funds Management, Inc.
One Iron Street
Boston, Massachusetts 02210
(Name and address of agent for service)
Copy to:
W. John McGuire, Esq.
Morgan, Lewis & Bockius LLP
1111 Pennsylvania Avenue, NW
Washington, DC 20004
Registrant’s telephone number, including area code: (617) 664-1465
Date of fiscal year end: December 31
Date of reporting period: June 30, 2024
Item 1. Report to Shareholders.
(a) | The Reports to Shareholders are attached herewith. |
SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
Principal Listing Exchange: NYSEArca
Semi-Annual Shareholder Report
June 30, 2024
This semi-annual shareholder report contains important information about the SPDR Bloomberg Emerging Markets Local Bond ETF (the "Fund") for the period ended June 30, 2024. You can find additional information about the Fund, including the Prospectus, Statement of Additional Information, financial statements and other information at www.ssga.com/us/en/institutional/fund-finder?tab=documents&type=etfs. You can also request this information about the Fund by contacting us at 1-866-787-2257.
What were the Fund costs for the last six months?
Fund Name | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
---|---|---|
SPDR Bloomberg Emerging Markets Local Bond ETF | $15 | 0.30% |
Key Fund Statistics
Statistic | Value |
---|---|
Total Net Assets | $1,919,132,701 |
# of Portfolio Holdings | 543 |
Portfolio Turnover Rate | 14% |
What did the Fund invest in?
Maturity Weightings
Maturity Duration | % Value of Total Net Assets |
0 to 1 Year | 2.0% |
1 to 2 Years | 10.1% |
2 to 3 Years | 12.6% |
3 to 5 Years | 17.6% |
5 to 10 Years | 28.5% |
10 to 20 Years | 16.8% |
20 to 30 Years | 8.9% |
Greater than 30 Years | 1.6% |
Top Ten Countries
Country | % Value of Total Net Assets |
South Korea | 12.6% |
China | 11.4% |
Indonesia | 6.9% |
Malaysia | 6.7% |
Mexico | 5.9% |
Thailand | 4.4% |
South Africa | 4.6% |
Philippines | 4.5% |
Poland | 4.5% |
Czech Republic | 4.4% |
TSR SAR EBND
SPDR Bloomberg International Corporate Bond ETF
IBND
Principal Listing Exchange: NYSEArca
Semi-Annual Shareholder Report
June 30, 2024
This semi-annual shareholder report contains important information about the SPDR Bloomberg International Corporate Bond ETF (the "Fund") for the period ended June 30, 2024. You can find additional information about the Fund, including the Prospectus, Statement of Additional Information, financial statements and other information at www.ssga.com/us/en/institutional/fund-finder?tab=documents&type=etfs. You can also request this information about the Fund by contacting us at 1-866-787-2257.
What were the Fund costs for the last six months?
Fund Name | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
---|---|---|
SPDR Bloomberg International Corporate Bond ETF | $25 | 0.50% |
Key Fund Statistics
Statistic | Value |
---|---|
Total Net Assets | $155,071,086 |
# of Portfolio Holdings | 770 |
Portfolio Turnover Rate | 7% |
What did the Fund invest in?
Maturity Weightings
Maturity Duration | % Value of Total Net Assets |
1 to 2 Years | 11.7% |
2 to 3 Years | 15.6% |
3 to 5 Years | 24.5% |
5 to 10 Years | 37.4% |
10 to 20 Years | 8.1% |
20 to 30 Years | 0.6% |
Greater than 30 Years | 0.3% |
Top Ten Countries
Country | % Value of Total Net Assets |
United States | 24.3% |
France | 20.7% |
Germany | 10.8% |
United Kingdom | 9.2% |
Spain | 6.6% |
Netherlands | 6.4% |
Italy | 5.4% |
Switzerland | 3.9% |
Japan | 2.2% |
Belgium | 1.9% |
TSR SAR IBND
SPDR Bloomberg International Treasury Bond ETF
BWX
Principal Listing Exchange: NYSEArca
Semi-Annual Shareholder Report
June 30, 2024
This semi-annual shareholder report contains important information about the SPDR Bloomberg International Treasury Bond ETF (the "Fund") for the period ended June 30, 2024. You can find additional information about the Fund, including the Prospectus, Statement of Additional Information, financial statements and other information at www.ssga.com/us/en/institutional/fund-finder?tab=documents&type=etfs. You can also request this information about the Fund by contacting us at 1-866-787-2257.
What were the Fund costs for the last six months?
Fund Name | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
---|---|---|
SPDR Bloomberg International Treasury Bond ETF | $17 | 0.35% |
Key Fund Statistics
Statistic | Value |
---|---|
Total Net Assets | $865,971,696 |
# of Portfolio Holdings | 1,213 |
Portfolio Turnover Rate | 8% |
What did the Fund invest in?
Maturity Weightings
Maturity Duration | % Value of Total Net Assets |
1 to 2 Years | 10.5% |
2 to 3 Years | 9.5% |
3 to 5 Years | 18.8% |
5 to 10 Years | 29.8% |
10 to 20 Years | 17.2% |
20 to 30 Years | 10.8% |
Greater than 30 Years | 2.4% |
Top Ten Countries
Country | % Value of Total Net Assets |
Japan | 23.0% |
France | 5.1% |
United Kingdom | 4.9% |
South Korea | 4.6% |
Canada | 4.6% |
China | 4.6% |
Italy | 4.5% |
Germany | 4.5% |
Spain | 4.5% |
Australia | 4.4% |
TSR SAR BWX
SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
Principal Listing Exchange: NYSEArca
Semi-Annual Shareholder Report
June 30, 2024
This semi-annual shareholder report contains important information about the SPDR Bloomberg Short Term International Treasury Bond ETF (the "Fund") for the period ended June 30, 2024. You can find additional information about the Fund, including the Prospectus, Statement of Additional Information, financial statements and other information at www.ssga.com/us/en/institutional/fund-finder?tab=documents&type=etfs. You can also request this information about the Fund by contacting us at 1-866-787-2257.
What were the Fund costs for the last six months?
Fund Name | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
---|---|---|
SPDR Bloomberg Short Term International Treasury Bond ETF | $17 | 0.35% |
Key Fund Statistics
Statistic | Value |
---|---|
Total Net Assets | $149,272,580 |
# of Portfolio Holdings | 240 |
Portfolio Turnover Rate | 26% |
What did the Fund invest in?
Maturity Weightings
Maturity Duration | % Value of Total Net Assets |
1 to 2 Years | 54.3% |
2 to 3 Years | 44.7% |
Top Ten Countries
Country | % Value of Total Net Assets |
Japan | 22.9% |
Italy | 5.0% |
France | 5.0% |
South Korea | 4.6% |
Germany | 4.6% |
Australia | 4.6% |
Canada | 4.6% |
Spain | 4.6% |
China | 4.5% |
United Kingdom | 4.5% |
TSR SAR BWZ
SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
Principal Listing Exchange: NYSEArca
Semi-Annual Shareholder Report
June 30, 2024
This semi-annual shareholder report contains important information about the SPDR FTSE International Government Inflation-Protected Bond ETF (the "Fund") for the period ended June 30, 2024. You can find additional information about the Fund, including the Prospectus, Statement of Additional Information, financial statements and other information at www.ssga.com/us/en/institutional/fund-finder?tab=documents&type=etfs. You can also request this information about the Fund by contacting us at 1-866-787-2257.
What were the Fund costs for the last six months?
Fund Name | Cost of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
---|---|---|
SPDR FTSE International Government Inflation-Protected Bond ETF | $24 | 0.50% |
Key Fund Statistics
Statistic | Value |
---|---|
Total Net Assets | $376,235,795 |
# of Portfolio Holdings | 164 |
Portfolio Turnover Rate | 7% |
What did the Fund invest in?
Maturity Weightings
Maturity Duration | % Value of Total Net Assets |
0 to 1 Year | 0.1% |
1 to 2 Years | 8.4% |
2 to 3 Years | 5.6% |
3 to 5 Years | 17.5% |
5 to 10 Years | 26.1% |
10 to 20 Years | 22.5% |
20 to 30 Years | 13.8% |
Greater than 30 Years | 4.1% |
Top Ten Countries
Country | % Value of Total Net Assets |
United Kingdom | 19.2% |
France | 7.7% |
Brazil | 7.1% |
Italy | 5.2% |
Australia | 4.7% |
South Africa | 4.7% |
Mexico | 4.7% |
Spain | 4.6% |
Japan | 4.6% |
Chile | 4.6% |
TSR SAR WIP
(b) Not applicable.
Item 2. Code of Ethics.
Not applicable to this filing.
Item 3. Audit Committee Financial Expert.
Not applicable to this filing.
Item 4. Principal Accountant Fees and Services.
Not applicable to this filing.
Item 5. Audit Committees of Listed Registrants.
Not applicable to the registrant.
Item 6. Investments.
(a) Schedules of Investments are included as part of the report to shareholders filed under Item 7(a) of this Form N-CSR.
(b) Not applicable to the registrant.
Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies
(a) The registrant’s Financial Statements are attached herewith.
(b) The registrant’s Financial Highlights are included as part of the Financial Statements filed under Item 7(a) of this Form.
SPDR Bloomberg Emerging Markets Local Bond ETF |
SPDR Bloomberg International Corporate Bond ETF |
SPDR Bloomberg International Treasury Bond ETF |
SPDR Bloomberg Short Term International Treasury Bond ETF |
SPDR FTSE International Government Inflation-Protected Bond ETF |
Schedules of Investments (Unaudited)(N-CSR Item 6) | |
1 | |
12 | |
29 | |
49 | |
55 | |
59 | |
66 | |
71 | |
80 |
Security Description | Principal Amount | Value | ||||
FOREIGN GOVERNMENT OBLIGATIONS — 97.3% | ||||||
BRAZIL — 4.4% | ||||||
Brazil Government International Bonds 10.25%, 1/10/2028 | BRL | 1,000,000 | $180,995 | |||
Brazil Letras do Tesouro Nacional: | ||||||
Series LTN, Zero Coupon, 4/1/2025 | BRL | 62,000,000 | 10,329,620 | |||
Zero Coupon, 7/1/2025 | BRL | 29,500,000 | 4,782,894 | |||
Zero Coupon, 10/1/2025 | BRL | 5,000,000 | 785,979 | |||
Series LTN, Zero Coupon, 1/1/2026 | BRL | 43,000,000 | 6,555,149 | |||
Zero Coupon, 4/1/2026 | BRL | 21,000,000 | 3,116,852 | |||
Series LTN, Zero Coupon, 7/1/2026 | BRL | 132,000,000 | 19,050,805 | |||
Series LTN, Zero Coupon, 7/1/2027 | BRL | 55,000,000 | 7,055,045 | |||
Zero Coupon, 1/1/2028 | BRL | 26,800,000 | 3,227,454 | |||
Zero Coupon, 1/1/2030 | BRL | 5,010,000 | 474,263 | |||
Brazil Notas do Tesouro Nacional: | ||||||
Series NTNF, 10.00%, 1/1/2027 | BRL | 39,875,000 | 6,891,996 | |||
Series NTNF, 10.00%, 1/1/2029 | BRL | 70,890,000 | 11,839,037 | |||
Series NTNF, 10.00%, 1/1/2031 | BRL | 26,000,000 | 4,210,205 | |||
Series NTNF, 10.00%, 1/1/2033 | BRL | 34,300,000 | 5,455,815 | |||
10.00%, 1/1/2035 | BRL | 3,000,000 | 471,548 | |||
84,427,657 | ||||||
CHILE — 3.5% | ||||||
Bonos de la Tesoreria de la Republica en pesos: | ||||||
Zero Coupon, 5/6/2027 | CLP | 1,600,000,000 | 1,440,551 | |||
Zero Coupon, 4/1/2029 | CLP | 5,000,000,000 | 4,043,237 | |||
2.30%, 10/1/2028 (a) | CLP | 335,000,000 | 308,052 | |||
2.80%, 10/1/2033 (a) | CLP | 1,000,000,000 | 808,112 | |||
4.50%, 3/1/2026 | CLP | 3,115,000,000 | 3,289,754 | |||
4.70%, 9/1/2030 (a) | CLP | 8,860,000,000 | 8,755,460 | |||
5.00%, 10/1/2028 (a) | CLP | 6,050,000,000 | 6,199,820 | |||
5.00%, 3/1/2035 | CLP | 7,575,000,000 | 7,307,748 | |||
5.10%, 7/15/2050 | CLP | 4,970,000,000 | 4,558,129 | |||
5.30%, 11/1/2037 (a) | CLP | 7,220,000,000 | 7,042,966 | |||
5.80%, 10/1/2034 (a) | CLP | 3,250,000,000 | 3,337,339 | |||
6.00%, 4/1/2033 (a) | CLP | 4,650,000,000 | 4,879,292 |
Security Description | Principal Amount | Value | ||||
Series 30YR, 6.00%, 1/1/2043 | CLP | 9,095,000,000 | $9,535,911 | |||
7.00%, 5/1/2034 (a) | CLP | 4,500,000,000 | 5,056,335 | |||
66,562,706 | ||||||
CHINA — 11.8% | ||||||
China Development Bank: | ||||||
Series 1518, 3.74%, 9/10/2025 | CNY | 2,000,000 | 281,595 | |||
Series 1605, 3.80%, 1/25/2036 | CNY | 6,500,000 | 1,021,484 | |||
Series 1805, 4.88%, 2/9/2028 | CNY | 3,000,000 | 453,845 | |||
China Government Bonds: | ||||||
1.85%, 5/15/2027 | CNY | 10,000,000 | 1,376,571 | |||
1.99%, 3/15/2026 | CNY | 15,000,000 | 2,075,235 | |||
2.04%, 2/25/2027 | CNY | 13,000,000 | 1,799,161 | |||
2.05%, 4/15/2029 | CNY | 5,000,000 | 689,586 | |||
2.12%, 6/25/2031 | CNY | 10,000,000 | 1,373,800 | |||
2.18%, 8/25/2025 | CNY | 25,000,000 | 3,462,610 | |||
2.18%, 8/15/2026 | CNY | 34,000,000 | 4,719,412 | |||
2.22%, 9/25/2025 | CNY | 15,000,000 | 2,079,634 | |||
2.27%, 5/25/2034 | CNY | 10,000,000 | 1,382,351 | |||
2.28%, 11/25/2025 | CNY | 23,000,000 | 3,193,762 | |||
2.28%, 3/25/2031 | CNY | 10,000,000 | 1,388,387 | |||
2.30%, 5/15/2026 | CNY | 20,000,000 | 2,783,108 | |||
2.33%, 12/15/2025 | CNY | 20,000,000 | 2,780,459 | |||
2.35%, 2/25/2034 | CNY | 20,000,000 | 2,771,891 | |||
2.37%, 1/20/2027 | CNY | 18,500,000 | 2,580,112 | |||
2.37%, 1/15/2029 | CNY | 10,000,000 | 1,399,473 | |||
2.39%, 11/15/2026 | CNY | 20,000,000 | 2,790,908 | |||
2.40%, 7/15/2028 | CNY | 15,000,000 | 2,097,643 | |||
2.44%, 10/15/2027 | CNY | 15,000,000 | 2,098,364 | |||
2.46%, 2/15/2026 | CNY | 3,000,000 | 417,846 | |||
2.48%, 4/15/2027 | CNY | 20,000,000 | 2,801,715 | |||
2.48%, 9/25/2028 | CNY | 15,000,000 | 2,106,516 | |||
Series 2216, 2.50%, 7/25/2027 | CNY | 19,000,000 | 2,662,792 | |||
2.52%, 8/25/2033 | CNY | 18,000,000 | 2,526,886 | |||
2.54%, 12/25/2030 | CNY | 20,000,000 | 2,821,298 | |||
2.55%, 10/15/2028 | CNY | 15,000,000 | 2,112,360 | |||
2.60%, 9/15/2030 | CNY | 5,000,000 | 707,244 | |||
2.60%, 9/1/2032 | CNY | 20,000,000 | 2,826,255 | |||
2.62%, 4/15/2028 | CNY | 21,000,000 | 2,959,844 | |||
2.62%, 9/25/2029 | CNY | 20,000,000 | 2,831,603 | |||
2.62%, 6/25/2030 | CNY | 25,000,000 | 3,537,529 | |||
2.64%, 1/15/2028 | CNY | 21,000,000 | 2,958,138 | |||
2.67%, 5/25/2033 | CNY | 20,000,000 | 2,844,474 | |||
2.67%, 11/25/2033 | CNY | 20,000,000 | 2,843,654 | |||
2.68%, 5/21/2030 | CNY | 31,000,000 | 4,400,903 | |||
2.69%, 8/12/2026 | CNY | 29,920,000 | 4,200,365 | |||
2.69%, 8/15/2032 | CNY | 30,000,000 | 4,267,125 | |||
2.75%, 6/15/2029 | CNY | 24,000,000 | 3,419,466 | |||
2.75%, 2/17/2032 | CNY | 23,000,000 | 3,288,194 |
Security Description | Principal Amount | Value | |||
2.76%, 5/15/2032 | CNY | 15,000,000 | $2,144,606 | ||
2.79%, 12/15/2029 | CNY | 20,000,000 | 2,855,231 | ||
2.80%, 3/24/2029 | CNY | 20,000,000 | 2,851,560 | ||
2.80%, 3/25/2030 | CNY | 23,000,000 | 3,286,007 | ||
2.80%, 11/15/2032 | CNY | 15,000,000 | 2,151,365 | ||
2.85%, 6/4/2027 | CNY | 10,000,000 | 1,416,201 | ||
2.88%, 2/25/2033 | CNY | 23,000,000 | 3,324,250 | ||
2.89%, 11/18/2031 | CNY | 20,500,000 | 2,959,483 | ||
Series 1610, 2.90%, 5/5/2026 | CNY | 10,000,000 | 1,407,446 | ||
2.91%, 10/14/2028 | CNY | 30,000,000 | 4,284,812 | ||
3.00%, 10/15/2053 | CNY | 5,000,000 | 766,415 | ||
3.01%, 5/13/2028 | CNY | 28,000,000 | 4,012,724 | ||
3.02%, 10/22/2025 | CNY | 34,000,000 | 4,766,442 | ||
3.02%, 5/27/2031 | CNY | 30,000,000 | 4,365,038 | ||
3.03%, 3/11/2026 | CNY | 37,000,000 | 5,211,863 | ||
Series 1916, 3.12%, 12/5/2026 | CNY | 27,600,000 | 3,927,261 | ||
3.12%, 10/25/2052 | CNY | 15,000,000 | 2,317,870 | ||
Series 1915, 3.13%, 11/21/2029 | CNY | 20,000,000 | 2,910,959 | ||
Series 1828, 3.22%, 12/6/2025 | CNY | 7,790,000 | 1,097,424 | ||
Series 1907, 3.25%, 6/6/2026 | CNY | 29,800,000 | 4,229,673 | ||
Series 1827, 3.25%, 11/22/2028 | CNY | 10,000,000 | 1,455,660 | ||
3.27%, 11/19/2030 | CNY | 30,000,000 | 4,432,743 | ||
Series 1619, 3.27%, 8/22/2046 | CNY | 10,000,000 | 1,566,848 | ||
3.27%, 3/25/2073 | CNY | 5,000,000 | 832,055 | ||
3.28%, 12/3/2027 | CNY | 25,400,000 | 3,672,832 | ||
Series 1906, 3.29%, 5/23/2029 | CNY | 24,600,000 | 3,603,694 | ||
3.32%, 4/15/2052 | CNY | 10,000,000 | 1,597,827 | ||
3.39%, 3/16/2050 | CNY | 19,000,000 | 3,046,538 | ||
3.40%, 7/15/2072 | CNY | 10,000,000 | 1,718,577 | ||
Series 1626, 3.48%, 11/21/2066 | CNY | 6,700,000 | 1,152,250 | ||
Series 1710, 3.52%, 5/4/2027 | CNY | 5,000,000 | 724,717 | ||
Series 1608, 3.52%, 4/25/2046 | CNY | 11,000,000 | 1,782,469 | ||
3.53%, 10/18/2051 | CNY | 10,000,000 | 1,652,110 | ||
Series 1819, 3.54%, 8/16/2028 | CNY | 10,000,000 | 1,473,621 | ||
3.72%, 4/12/2051 | CNY | 14,000,000 | 2,378,114 | ||
3.73%, 5/25/2070 | CNY | 25,000,000 | 4,569,188 | ||
Series 1521, 3.74%, 9/22/2035 | CNY | 7,800,000 | 1,237,357 | ||
Series 1525, 3.74%, 10/20/2045 | CNY | 3,000,000 | 502,642 | ||
3.76%, 3/22/2071 | CNY | 21,000,000 | 3,863,573 | ||
Series 1705, 3.77%, 2/20/2047 | CNY | 8,000,000 | 1,346,962 | ||
3.81%, 9/14/2050 | CNY | 24,000,000 | 4,121,034 |
Security Description | Principal Amount | Value | ||||
Series 1910, 3.86%, 7/22/2049 | CNY | 15,000,000 | $2,593,509 | |||
Series 1023, 3.96%, 7/29/2040 | CNY | 8,000,000 | 1,334,565 | |||
Series 1817, 3.97%, 7/23/2048 | CNY | 10,000,000 | 1,746,923 | |||
Series 1908, 4.00%, 6/24/2069 | CNY | 9,000,000 | 1,727,945 | |||
Series 1715, 4.05%, 7/24/2047 | CNY | 10,000,000 | 1,760,380 | |||
Series 1003, 4.08%, 3/1/2040 | CNY | 5,000,000 | 849,509 | |||
Series 1824, 4.08%, 10/22/2048 | CNY | 15,300,000 | 2,721,448 | |||
Series 1508, 4.09%, 4/27/2035 | CNY | 1,000,000 | 163,311 | |||
Series 1806, 4.22%, 3/19/2048 | CNY | 8,000,000 | 1,447,447 | |||
Series 1722, 4.28%, 10/23/2047 | CNY | 3,250,000 | 591,377 | |||
Series 1116, 4.50%, 6/23/2041 | CNY | 11,000,000 | 1,991,514 | |||
Series 1417, 4.63%, 8/11/2034 | CNY | 7,000,000 | 1,174,641 | |||
Series 1319, 4.76%, 9/16/2043 | CNY | 2,000,000 | 379,451 | |||
226,633,059 | ||||||
COLOMBIA — 3.9% | ||||||
Colombia Government International Bonds 9.85%, 6/28/2027 | COP | 6,930,000,000 | 1,605,012 | |||
Colombia TES: | ||||||
Series B, 5.75%, 11/3/2027 | COP | 15,750,000,000 | 3,361,564 | |||
Series B, 6.00%, 4/28/2028 | COP | 34,041,000,000 | 7,185,484 | |||
Series B, 6.25%, 7/9/2036 | COP | 11,800,000,000 | 1,959,205 | |||
Series B, 7.00%, 3/26/2031 | COP | 47,350,000,000 | 9,565,068 | |||
Series B, 7.00%, 6/30/2032 | COP | 34,364,000,000 | 6,710,747 | |||
Series B, 7.25%, 10/18/2034 | COP | 26,825,000,000 | 5,066,891 | |||
Series B, 7.25%, 10/26/2050 | COP | 28,600,000,000 | 4,470,067 | |||
Series B, 7.50%, 8/26/2026 | COP | 41,014,000,000 | 9,527,411 | |||
Series B, 7.75%, 9/18/2030 | COP | 17,800,000,000 | 3,805,566 | |||
Series B, 9.25%, 5/28/2042 | COP | 58,800,000,000 | 11,793,837 | |||
Series B, 13.25%, 2/9/2033 | COP | 35,800,000,000 | 9,810,526 | |||
74,861,378 |
Security Description | Principal Amount | Value | ||||
CZECH REPUBLIC — 4.4% | ||||||
Czech Republic Government Bonds: | ||||||
Series 135, Zero Coupon, 12/12/2024 | CZK | 25,000,000 | $1,046,962 | |||
Series 130, 0.05%, 11/29/2029 | CZK | 71,750,000 | 2,484,667 | |||
Series 100, 0.25%, 2/10/2027 | CZK | 116,930,000 | 4,535,996 | |||
Series 94, 0.95%, 5/15/2030 | CZK | 199,280,000 | 7,163,618 | |||
Series 95, 1.00%, 6/26/2026 | CZK | 117,530,000 | 4,735,842 | |||
Series 121, 1.20%, 3/13/2031 | CZK | 189,790,000 | 6,774,560 | |||
Series 120, 1.25%, 2/14/2025 | CZK | 102,390,000 | 4,297,770 | |||
Series 125, 1.50%, 4/24/2040 | CZK | 72,660,000 | 2,119,748 | |||
Series 138, 1.75%, 6/23/2032 | CZK | 99,140,000 | 3,572,108 | |||
Series 142, 1.95%, 7/30/2037 | CZK | 45,600,000 | 1,504,760 | |||
Series 103, 2.00%, 10/13/2033 | CZK | 169,350,000 | 6,064,157 | |||
Series 89, 2.40%, 9/17/2025 | CZK | 91,200,000 | 3,821,648 | |||
Series 78, 2.50%, 8/25/2028 | CZK | 204,700,000 | 8,245,340 | |||
Series 105, 2.75%, 7/23/2029 | CZK | 154,350,000 | 6,223,101 | |||
Series 145, 3.50%, 5/30/2035 | CZK | 48,000,000 | 1,925,076 | |||
Series 49, 4.20%, 12/4/2036 | CZK | 92,180,000 | 3,942,801 | |||
Series 154, 4.50%, 11/11/2032 | CZK | 105,000,000 | 4,602,804 | |||
Series 53, 4.85%, 11/26/2057 | CZK | 22,300,000 | 1,007,226 | |||
Series 11Y, 4.90%, 4/14/2034 | CZK | 72,000,000 | 3,250,488 | |||
Series 150, 5.00%, 9/30/2030 | CZK | 84,770,000 | 3,810,674 | |||
Series 149, 5.50%, 12/12/2028 | CZK | 51,000,000 | 2,310,362 | |||
Series 153, 5.75%, 3/29/2029 | CZK | 27,900,000 | 1,281,054 | |||
Series 152, 6.20%, 6/16/2031 | CZK | 11,500,000 | 554,860 | |||
85,275,622 | ||||||
HUNGARY — 3.6% | ||||||
Hungary Government Bonds: | ||||||
Series 26/E, 1.50%, 4/22/2026 | HUF | 1,359,380,000 | 3,377,619 |
Security Description | Principal Amount | Value | ||||
Series 26/F, 1.50%, 8/26/2026 | HUF | 1,851,000,000 | $4,523,704 | |||
Series 29/A, 2.00%, 5/23/2029 (b) | HUF | 1,593,020,000 | 3,498,069 | |||
Series 33/A, 2.25%, 4/20/2033 (b) | HUF | 1,523,070,000 | 2,918,674 | |||
Series 34/A, 2.25%, 6/22/2034 (b) | HUF | 815,900,000 | 1,499,058 | |||
Series 24/C, 2.50%, 10/24/2024 | HUF | 1,726,200,000 | 4,628,929 | |||
Series 26/D, 2.75%, 12/22/2026 | HUF | 2,403,600,000 | 5,961,230 | |||
Series 27/A, 3.00%, 10/27/2027 | HUF | 1,328,170,000 | 3,219,922 | |||
Series 30/A, 3.00%, 8/21/2030 | HUF | 2,877,500,000 | 6,380,651 | |||
Series 38/A, 3.00%, 10/27/2038 (b) | HUF | 2,378,160,000 | 4,244,287 | |||
Series 41/A, 3.00%, 4/25/2041 (b) | HUF | 671,300,000 | 1,134,160 | |||
Series 31/A, 3.25%, 10/22/2031 | HUF | 2,009,870,000 | 4,380,482 | |||
Series 28/B, 4.50%, 3/23/2028 (b) | HUF | 1,014,720,000 | 2,560,580 | |||
4.50%, 5/27/2032 | HUF | 940,000,000 | 2,196,120 | |||
Series 32/A, 4.75%, 11/24/2032 | HUF | 2,287,700,000 | 5,404,909 | |||
Series 28/A, 6.75%, 10/22/2028 | HUF | 3,176,590,000 | 8,632,677 | |||
Series 35/A, 7.00%, 10/24/2035 (b) | HUF | 720,000,000 | 1,975,174 | |||
Series 26/H, 9.50%, 10/21/2026 | HUF | 1,230,000,000 | 3,533,358 | |||
70,069,603 | ||||||
INDONESIA — 7.0% | ||||||
Indonesia Treasury Bonds: | ||||||
Series FR90, 5.13%, 4/15/2027 | IDR | 60,000,000,000 | 3,516,465 | |||
Series FR86, 5.50%, 4/15/2026 | IDR | 80,900,000,000 | 4,843,167 | |||
Series FR64, 6.13%, 5/15/2028 | IDR | 73,750,000,000 | 4,401,470 | |||
Series FR88, 6.25%, 6/15/2036 | IDR | 30,000,000,000 | 1,705,183 | |||
Series FR95, 6.38%, 8/15/2028 | IDR | 50,000,000,000 | 3,001,670 | |||
Series FR91, 6.38%, 4/15/2032 | IDR | 90,000,000,000 | 5,283,237 | |||
Series FR93, 6.38%, 7/15/2037 | IDR | 15,000,000,000 | 859,321 | |||
Series FR62, 6.38%, 4/15/2042 | IDR | 1,700,000,000 | 96,107 | |||
Series FR87, 6.50%, 2/15/2031 | IDR | 96,700,000,000 | 5,714,569 | |||
Series FR65, 6.63%, 5/15/2033 | IDR | 60,000,000,000 | 3,541,447 |
Security Description | Principal Amount | Value | |||
Series 100, 6.63%, 2/15/2034 | IDR | 20,000,000,000 | $1,182,485 | ||
Series 101, 6.88%, 4/15/2029 | IDR | 25,000,000,000 | 1,521,191 | ||
Series FR89, 6.88%, 8/15/2051 | IDR | 30,000,000,000 | 1,764,733 | ||
6.88%, 7/15/2054 | IDR | 20,000,000,000 | 1,172,946 | ||
Series FR59, 7.00%, 5/15/2027 | IDR | 68,000,000,000 | 4,187,672 | ||
Series FR82, 7.00%, 9/15/2030 | IDR | 108,600,000,000 | 6,624,964 | ||
Series FR96, 7.00%, 2/15/2033 | IDR | 70,000,000,000 | 4,247,023 | ||
Series FR98, 7.13%, 6/15/2038 | IDR | 38,000,000,000 | 2,319,056 | ||
Series FR92, 7.13%, 6/15/2042 | IDR | 70,000,000,000 | 4,259,134 | ||
Series FR97, 7.13%, 6/15/2043 | IDR | 45,000,000,000 | 2,744,931 | ||
Series FR84, 7.25%, 2/15/2026 | IDR | 18,000,000,000 | 1,106,272 | ||
Series FR76, 7.38%, 5/15/2048 | IDR | 41,700,000,000 | 2,597,751 | ||
Series FR74, 7.50%, 8/15/2032 | IDR | 31,300,000,000 | 1,951,591 | ||
Series FR80, 7.50%, 6/15/2035 | IDR | 70,600,000,000 | 4,447,301 | ||
Series FR75, 7.50%, 5/15/2038 | IDR | 46,910,000,000 | 2,949,314 | ||
Series FR83, 7.50%, 4/15/2040 | IDR | 78,500,000,000 | 4,956,428 | ||
Series FR78, 8.25%, 5/15/2029 | IDR | 72,150,000,000 | 4,625,501 | ||
Series FR58, 8.25%, 6/15/2032 | IDR | 3,710,000,000 | 242,658 | ||
Series FR72, 8.25%, 5/15/2036 | IDR | 47,090,000,000 | 3,135,660 | ||
Series FR56, 8.38%, 9/15/2026 | IDR | 64,300,000,000 | 4,068,806 | ||
Series FR68, 8.38%, 3/15/2034 | IDR | 92,700,000,000 | 6,174,135 | ||
Series FR79, 8.38%, 4/15/2039 | IDR | 40,000,000,000 | 2,720,854 | ||
Series FR73, 8.75%, 5/15/2031 | IDR | 39,050,000,000 | 2,602,435 | ||
Series FR67, 8.75%, 2/15/2044 | IDR | 17,050,000,000 | 1,218,315 | ||
Series FR71, 9.00%, 3/15/2029 | IDR | 55,000,000,000 | 3,627,643 | ||
Series FR57, 9.50%, 5/15/2041 | IDR | 1,000,000,000 | 75,162 | ||
Series FR45, 9.75%, 5/15/2037 | IDR | 1,250,000,000 | 93,072 | ||
Series FR40, 11.00%, 9/15/2025 | IDR | 24,000,000,000 | 1,534,976 |
Security Description | Principal Amount | Value | ||||
Perusahaan Penerbit SBSN Indonesia: | ||||||
Series PBS, 4.88%, 7/15/2026 | IDR | 47,000,000,000 | $2,775,428 | |||
Series PBS, 5.38%, 8/15/2025 | IDR | 15,000,000,000 | 903,793 | |||
Series PBS, 5.88%, 7/15/2028 | IDR | 5,571,000,000 | 331,091 | |||
Series PBS, 6.00%, 1/15/2027 | IDR | 25,000,000,000 | 1,503,695 | |||
6.10%, 2/15/2037 | IDR | 2,000,000,000 | 115,269 | |||
Series PBS, 6.13%, 10/15/2025 | IDR | 33,000,000,000 | 2,002,768 | |||
Series PBS, 6.38%, 3/15/2034 | IDR | 87,522,000,000 | 5,209,765 | |||
Series PBS, 6.50%, 6/15/2039 | IDR | 10,000,000,000 | 593,880 | |||
6.63%, 9/15/2029 | IDR | 10,000,000,000 | 610,333 | |||
6.63%, 7/15/2041 | IDR | 2,000,000,000 | 119,337 | |||
Series PBS, 6.75%, 6/15/2047 | IDR | 56,875,000,000 | 3,300,177 | |||
6.88%, 12/15/2049 | IDR | 1,000,000,000 | 58,329 | |||
Series PBS, 7.75%, 10/15/2046 | IDR | 23,000,000,000 | 1,496,382 | |||
Series PBS, 8.88%, 11/15/2031 | IDR | 64,200,000,000 | 4,433,833 | |||
134,568,725 | ||||||
ISRAEL — 4.1% | ||||||
Israel Government Bonds - Fixed: | ||||||
Series 0226, 0.50%, 2/27/2026 | ILS | 31,000,000 | 7,726,445 | |||
Series 0330, 1.00%, 3/31/2030 | ILS | 40,850,000 | 8,853,933 | |||
Series 0432, 1.30%, 4/30/2032 | ILS | 36,000,000 | 7,390,263 | |||
Series 0537, 1.50%, 5/31/2037 | ILS | 31,600,000 | 5,224,999 | |||
Series 0825, 1.75%, 8/31/2025 | ILS | 29,135,000 | 7,515,572 | |||
Series 0327, 2.00%, 3/31/2027 | ILS | 28,250,000 | 7,033,629 | |||
Series 0928, 2.25%, 9/28/2028 | ILS | 31,676,000 | 7,671,374 | |||
Series 1152, 2.80%, 11/29/2052 | ILS | 17,500,000 | 2,853,244 | |||
3.75%, 9/30/2027 | ILS | 8,500,000 | 2,193,564 | |||
Series 0229, 3.75%, 2/28/2029 | ILS | 24,630,000 | 6,304,115 | |||
Series 0347, 3.75%, 3/31/2047 | ILS | 27,712,000 | 5,731,572 | |||
Series 0335, 4.00%, 3/30/2035 | ILS | 9,500,000 | 2,315,604 | |||
Series 0142, 5.50%, 1/31/2042 | ILS | 22,310,000 | 6,067,263 |
Security Description | Principal Amount | Value | ||||
Series 1026, 6.25%, 10/30/2026 | ILS | 10,025,000 | $2,767,905 | |||
79,649,482 | ||||||
MALAYSIA — 6.6% | ||||||
Malaysia Government Bonds: | ||||||
Series 0220, 2.63%, 4/15/2031 | MYR | 13,720,000 | 2,704,127 | |||
Series 0307, 3.50%, 5/31/2027 | MYR | 9,970,000 | 2,110,871 | |||
Series 0223, 3.52%, 4/20/2028 | MYR | 20,480,000 | 4,326,688 | |||
Series 0122, 3.58%, 7/15/2032 | MYR | 10,080,000 | 2,096,182 | |||
Series 0513, 3.73%, 6/15/2028 | MYR | 5,390,000 | 1,147,016 | |||
Series 0519, 3.76%, 5/22/2040 | MYR | 7,650,000 | 1,563,260 | |||
Series 0419, 3.83%, 7/5/2034 | MYR | 6,110,000 | 1,290,082 | |||
Series 0413, 3.84%, 4/15/2033 | MYR | 7,860,000 | 1,661,956 | |||
Series 0212, 3.89%, 3/15/2027 | MYR | 600,000 | 128,372 | |||
Series 0219, 3.89%, 8/15/2029 | MYR | 10,305,000 | 2,206,111 | |||
Series 0316, 3.90%, 11/30/2026 | MYR | 8,605,000 | 1,843,538 | |||
Series 0417, 3.90%, 11/16/2027 | MYR | 5,770,000 | 1,236,094 | |||
Series 0119, 3.91%, 7/15/2026 | MYR | 24,540,000 | 5,249,387 | |||
Series 0115, 3.96%, 9/15/2025 | MYR | 8,912,000 | 1,903,561 | |||
Series 0120, 4.07%, 6/15/2050 | MYR | 10,440,000 | 2,156,744 | |||
Series 0412, 4.13%, 4/15/2032 | MYR | 800,000 | 172,674 | |||
Series 0415, 4.25%, 5/31/2035 | MYR | 7,255,000 | 1,577,457 | |||
Series 0123, 4.46%, 3/31/2053 | MYR | 9,980,000 | 2,193,061 | |||
Series 0322, 4.50%, 4/30/2029 | MYR | 7,300,000 | 1,604,307 | |||
Series 0310, 4.50%, 4/15/2030 | MYR | 26,000,000 | 5,720,162 | |||
Series 0318, 4.64%, 11/7/2033 | MYR | 25,910,000 | 5,813,232 | |||
Series 0222, 4.70%, 10/15/2042 | MYR | 14,440,000 | 3,287,670 | |||
Series 0216, 4.74%, 3/15/2046 | MYR | 9,075,000 | 2,071,694 | |||
Series 0317, 4.76%, 4/7/2037 | MYR | 13,212,000 | 3,011,623 | |||
4.84%, 7/15/2025 | MYR | 170,000 | 36,599 | |||
Series 0418, 4.89%, 6/8/2038 | MYR | 22,870,000 | 5,302,345 |
Security Description | Principal Amount | Value | |||
Series 0518, 4.92%, 7/6/2048 | MYR | 9,860,000 | $2,312,262 | ||
Series 0713, 4.94%, 9/30/2043 | MYR | 5,000,000 | 1,168,824 | ||
Malaysia Government Investment Issue: | |||||
Series 0120, 3.42%, 9/30/2027 | MYR | 9,180,000 | 1,938,258 | ||
Series 0121, 3.45%, 7/15/2036 | MYR | 12,170,000 | 2,450,033 | ||
Series 0220, 3.47%, 10/15/2030 | MYR | 8,703,000 | 1,813,655 | ||
Series 123, 3.60%, 7/31/2028 | MYR | 22,660,000 | 4,797,596 | ||
Series 0319, 3.73%, 3/31/2026 | MYR | 10,800,000 | 2,300,795 | ||
Series 0415, 3.99%, 10/15/2025 | MYR | 11,420,000 | 2,441,358 | ||
Series 0316, 4.07%, 9/30/2026 | MYR | 27,281,000 | 5,858,081 | ||
Series 0619, 4.12%, 11/30/2034 | MYR | 5,000,000 | 1,081,301 | ||
Series 0118, 4.13%, 8/15/2025 | MYR | 5,000,000 | 1,069,320 | ||
Series 0119, 4.13%, 7/9/2029 | MYR | 8,500,000 | 1,840,180 | ||
Series 0122, 4.19%, 10/7/2032 | MYR | 11,000,000 | 2,386,115 | ||
Series 0315, 4.25%, 9/30/2030 | MYR | 17,000,000 | 3,699,615 | ||
Series 0117, 4.26%, 7/26/2027 | MYR | 11,480,000 | 2,483,279 | ||
4.28%, 3/23/2054 | MYR | 1,000,000 | 213,317 | ||
Series 0223, 4.29%, 8/14/2043 | MYR | 16,580,000 | 3,584,957 | ||
Series 0218, 4.37%, 10/31/2028 | MYR | 14,500,000 | 3,162,095 | ||
Series 0221, 4.42%, 9/30/2041 | MYR | 9,280,000 | 2,048,215 | ||
Series 0219, 4.47%, 9/15/2039 | MYR | 8,800,000 | 1,961,463 | ||
Series 0513, 4.58%, 8/30/2033 | MYR | 18,400,000 | 4,112,551 | ||
Series 0519, 4.64%, 11/15/2049 | MYR | 10,000,000 | 2,252,433 | ||
Series 0322, 4.66%, 3/31/2038 | MYR | 10,940,000 | 2,481,114 | ||
Series 0617, 4.72%, 6/15/2033 | MYR | 5,200,000 | 1,172,864 | ||
Series 0517, 4.76%, 8/4/2037 | MYR | 3,300,000 | 752,962 | ||
Series 0615, 4.79%, 10/31/2035 | MYR | 810,000 | 185,007 | ||
Series 0417, 4.90%, 5/8/2047 | MYR | 1,750,000 | 408,035 |
Security Description | Principal Amount | Value | ||||
Series 0222, 5.36%, 5/15/2052 | MYR | 16,000,000 | $3,991,945 | |||
126,382,443 | ||||||
MEXICO — 6.0% | ||||||
Mexico Bonos: | ||||||
Series M, 5.50%, 3/4/2027 | MXN | 155,909,300 | 7,571,946 | |||
Series M, 5.75%, 3/5/2026 | MXN | 189,057,200 | 9,555,270 | |||
Series M, 7.00%, 9/3/2026 | MXN | 127,500,000 | 6,479,138 | |||
Series M 20, 7.50%, 6/3/2027 | MXN | 240,650,700 | 12,237,908 | |||
Series M, 7.50%, 5/26/2033 | MXN | 138,560,000 | 6,519,227 | |||
Series M, 7.75%, 5/29/2031 | MXN | 232,716,800 | 11,341,532 | |||
Series M, 7.75%, 11/23/2034 | MXN | 73,508,100 | 3,459,309 | |||
Series M, 7.75%, 11/13/2042 | MXN | 274,089,600 | 12,075,202 | |||
Series MS, 8.00%, 5/24/2035 | MXN | 40,000,000 | 1,904,963 | |||
Series M, 8.00%, 11/7/2047 | MXN | 139,950,800 | 6,247,444 | |||
Series M, 8.00%, 7/31/2053 | MXN | 150,000,000 | 6,621,558 | |||
Series M, 8.50%, 3/1/2029 | MXN | 82,750,000 | 4,258,499 | |||
Series M 20, 8.50%, 5/31/2029 | MXN | 71,446,300 | 3,676,385 | |||
Series M 30, 8.50%, 11/18/2038 | MXN | 145,030,000 | 7,027,001 | |||
Series M 30, 10.00%, 11/20/2036 | MXN | 34,180,000 | 1,881,391 | |||
Mexico Cetes: | ||||||
Series BI, Zero Coupon, 1/23/2025 | MXN | 19,000,000 | 976,764 | |||
Series BI, Zero Coupon, 7/10/2025 | MXN | 75,500,000 | 3,694,445 | |||
Series BI, Zero Coupon, 9/4/2025 | MXN | 40,000,000 | 1,923,948 | |||
Series BI, Zero Coupon, 10/30/2025 | MXN | 30,000,000 | 1,418,187 | |||
Series BI, Zero Coupon, 12/24/2025 | MXN | 40,000,000 | 1,858,815 | |||
Zero Coupon, 2/19/2026 | MXN | 60,000,000 | 2,738,832 | |||
Zero Coupon, 4/16/2026 | MXN | 35,000,000 | 1,569,659 | |||
115,037,423 |
Security Description | Principal Amount | Value | ||||
PERU — 3.5% | ||||||
Peru Government Bonds: | ||||||
5.35%, 8/12/2040 | PEN | 8,400,000 | $1,766,478 | |||
5.40%, 8/12/2034 | PEN | 17,000,000 | 3,899,637 | |||
5.94%, 2/12/2029 | PEN | 20,025,000 | 5,256,293 | |||
6.15%, 8/12/2032 | PEN | 38,357,000 | 9,641,463 | |||
6.35%, 8/12/2028 | PEN | 36,200,000 | 9,709,691 | |||
6.71%, 2/12/2055 | PEN | 3,500,000 | 829,901 | |||
6.85%, 2/12/2042 | PEN | 12,700,000 | 3,112,300 | |||
6.90%, 8/12/2037 | PEN | 54,775,000 | 13,669,149 | |||
6.95%, 8/12/2031 | PEN | 37,720,000 | 10,089,203 | |||
7.30%, 8/12/2033 (a) | PEN | 29,400,000 | 7,868,603 | |||
7.60%, 8/12/2039 (a) (c) | PEN | 4,000,000 | 1,052,387 | |||
Peru Government International Bonds 6.71%, 2/12/2055 | PEN | 475,000 | 112,629 | |||
67,007,734 | ||||||
PHILIPPINES — 4.5% | ||||||
Philippines Government Bonds: | ||||||
Series 1065, 2.88%, 7/9/2030 | PHP | 153,500,000 | 2,146,245 | |||
Series 5-77, 3.38%, 4/8/2026 | PHP | 270,000,000 | 4,386,000 | |||
Series R105, 3.50%, 9/20/2026 | PHP | 22,000,000 | 354,061 | |||
Series 1060, 3.63%, 9/9/2025 | PHP | 82,000,000 | 1,356,767 | |||
Series 7-64, 3.63%, 4/22/2028 | PHP | 120,000,000 | 1,856,997 | |||
Series 2020, 3.63%, 3/21/2033 | PHP | 43,150,000 | 589,872 | |||
Series 7-65, 3.75%, 8/12/2028 | PHP | 460,000,000 | 7,101,208 | |||
Series 1066, 4.00%, 7/22/2031 | PHP | 227,000,000 | 3,310,631 | |||
Series 3-27, 4.25%, 4/7/2025 | PHP | 185,000,000 | 3,110,357 | |||
Series 2511, 4.63%, 9/9/2040 | PHP | 156,500,000 | 2,123,488 | |||
Series 1061, 4.75%, 5/4/2027 | PHP | 276,950,000 | 4,532,652 | |||
Series 1067, 4.88%, 1/20/2032 | PHP | 380,000,000 | 5,814,347 | |||
Series 2024, 5.13%, 7/15/2041 | PHP | 20,000,000 | 286,792 | |||
Series 3-01, 5.25%, 2/4/2026 | PHP | 30,000,000 | 503,810 | |||
Series 2021, 5.25%, 5/18/2037 | PHP | 48,800,000 | 731,718 | |||
Series 7-69, 6.00%, 4/27/2030 | PHP | 50,000,000 | 830,228 | |||
6.13%, 1/18/2031 | PHP | 80,000,000 | 1,335,703 |
Security Description | Principal Amount | Value | ||||
Series R251, 6.13%, 10/24/2037 | PHP | 67,000,000 | $1,088,786 | |||
6.25%, 2/14/2026 | PHP | 105,000,000 | 1,790,161 | |||
6.25%, 9/7/2026 | PHP | 25,000,000 | 426,420 | |||
Series 1063, 6.25%, 3/22/2028 | PHP | 127,700,000 | 2,166,239 | |||
6.25%, 1/25/2034 | PHP | 100,000,000 | 1,660,727 | |||
6.25%, 2/28/2044 | PHP | 90,000,000 | 1,466,981 | |||
Series 0770, 6.38%, 7/27/2030 | PHP | 150,000,000 | 2,538,013 | |||
6.50%, 5/19/2029 | PHP | 77,000,000 | 1,313,170 | |||
Series 2022, 6.50%, 2/22/2038 | PHP | 40,000,000 | 671,603 | |||
Series 1071, 6.63%, 8/17/2033 | PHP | 180,000,000 | 3,066,730 | |||
Series 1069, 6.75%, 9/15/2032 | PHP | 380,000,000 | 6,542,916 | |||
Series 2023, 6.75%, 1/24/2039 | PHP | 117,700,000 | 2,011,273 | |||
Series 1064, 6.88%, 1/10/2029 | PHP | 293,000,000 | 5,086,277 | |||
Series 7-68, 7.00%, 10/13/2029 | PHP | 100,000,000 | 1,745,008 | |||
Series 2017, 8.00%, 7/19/2031 | PHP | 274,237,338 | 5,057,066 | |||
Series 25-7, 8.00%, 9/30/2035 | PHP | 108,000,000 | 2,022,690 | |||
Series 25-8, 8.13%, 12/16/2035 | PHP | 198,800,000 | 3,777,639 | |||
8.13%, 11/24/2042 | PHP | 95,000,000 | 1,842,101 | |||
Series 25-6, 9.25%, 11/5/2034 | PHP | 100,000,000 | 2,022,683 | |||
86,667,359 | ||||||
POLAND — 4.5% | ||||||
Republic of Poland Government Bonds: | ||||||
Series 1026, 0.25%, 10/25/2026 | PLN | 33,173,000 | 7,383,789 | |||
Series 1030, 1.25%, 10/25/2030 | PLN | 5,830,000 | 1,126,799 | |||
Series 0432, 1.75%, 4/25/2032 | PLN | 58,700,000 | 11,102,821 | |||
Series 0726, 2.50%, 7/25/2026 | PLN | 41,618,000 | 9,833,932 | |||
Series 0727, 2.50%, 7/25/2027 | PLN | 21,440,000 | 4,921,325 | |||
Series 0428, 2.75%, 4/25/2028 | PLN | 46,270,000 | 10,496,035 | |||
Series 1029, 2.75%, 10/25/2029 | PLN | 16,200,000 | 3,535,126 | |||
Series 0725, 3.25%, 7/25/2025 | PLN | 17,000,000 | 4,155,095 | |||
Series 0527, 3.75%, 5/25/2027 | PLN | 40,065,000 | 9,562,181 | |||
Series 0447, 4.00%, 4/25/2047 | PLN | 400,000 | 79,402 |
Security Description | Principal Amount | Value | ||||
4.75%, 7/25/2029 | PLN | 3,000,000 | $722,653 | |||
Series 0429, 5.75%, 4/25/2029 | PLN | 29,550,000 | 7,432,974 | |||
Series 1033, 6.00%, 10/25/2033 (b) | PLN | 32,110,000 | 8,182,756 | |||
Series 728, 7.50%, 7/25/2028 | PLN | 26,040,000 | 6,959,136 | |||
85,494,024 | ||||||
ROMANIA — 4.0% | ||||||
Romania Government Bonds: | ||||||
Series 7Y, 2.50%, 10/25/2027 | RON | 21,100,000 | 4,036,147 | |||
Series 5Y, 3.25%, 6/24/2026 | RON | 26,450,000 | 5,398,842 | |||
Series 4Y, 3.50%, 11/25/2025 | RON | 13,600,000 | 2,832,396 | |||
Series 5Y, 3.65%, 7/28/2025 | RON | 16,100,000 | 3,385,264 | |||
Series 15Y, 3.65%, 9/24/2031 (b) | RON | 10,650,000 | 1,882,480 | |||
Series 8Y, 4.15%, 1/26/2028 | RON | 15,750,000 | 3,160,853 | |||
Series 10YR, 4.15%, 10/24/2030 | RON | 20,930,000 | 3,918,787 | |||
Series 5Y, 4.25%, 4/28/2036 | RON | 18,600,000 | 3,148,783 | |||
Series 10Y, 4.75%, 2/24/2025 | RON | 3,025,000 | 645,978 | |||
Series 15Y, 4.75%, 10/11/2034 | RON | 29,310,000 | 5,338,156 | |||
Series 7Y, 4.85%, 4/22/2026 | RON | 15,725,000 | 3,314,745 | |||
Series 8Y, 4.85%, 7/25/2029 | RON | 14,500,000 | 2,890,780 | |||
Series 10Y, 5.00%, 2/12/2029 | RON | 20,585,000 | 4,156,774 | |||
Series 15YR, 5.80%, 7/26/2027 | RON | 17,810,000 | 3,785,292 | |||
6.30%, 4/26/2028 | RON | 4,000,000 | 854,565 | |||
6.30%, 4/25/2029 | RON | 11,000,000 | 2,340,366 | |||
Series 10Y, 6.70%, 2/25/2032 | RON | 18,900,000 | 4,031,593 | |||
Series 11Y, 7.10%, 7/31/2034 | RON | 5,000,000 | 1,084,840 | |||
Series 4Y, 7.20%, 10/28/2026 | RON | 3,000,000 | 658,721 | |||
Series 4Y, 7.20%, 5/31/2027 | RON | 6,000,000 | 1,324,375 | |||
Series 10Y, 7.20%, 10/30/2033 | RON | 5,000,000 | 1,095,577 | |||
Series 8Y, 7.35%, 4/28/2031 | RON | 7,500,000 | 1,666,017 | |||
Series 15Y, 7.90%, 2/24/2038 | RON | 12,200,000 | 2,836,237 | |||
Series 7Y, 8.00%, 4/29/2030 | RON | 17,085,000 | 3,893,165 |
Security Description | Principal Amount | Value | ||||
Series 10Y, 8.25%, 9/29/2032 | RON | 14,925,000 | $3,480,508 | |||
8.75%, 10/30/2028 | RON | 21,700,000 | 5,051,172 | |||
76,212,413 | ||||||
SOUTH AFRICA — 4.5% | ||||||
Republic of South Africa Government Bonds: | ||||||
Series R209, 6.25%, 3/31/2036 | ZAR | 13,241,000 | 482,651 | |||
Series R213, 7.00%, 2/28/2031 | ZAR | 104,667,000 | 4,803,447 | |||
Series 2030, 8.00%, 1/31/2030 | ZAR | 246,125,000 | 12,350,057 | |||
Series 2032, 8.25%, 3/31/2032 | ZAR | 189,877,000 | 9,062,311 | |||
Series 2037, 8.50%, 1/31/2037 | ZAR | 241,727,000 | 10,395,850 | |||
Series 2044, 8.75%, 1/31/2044 | ZAR | 245,256,000 | 10,022,455 | |||
Series 2048, 8.75%, 2/28/2048 | ZAR | 186,885,000 | 7,574,676 | |||
Series 2035, 8.88%, 2/28/2035 | ZAR | 230,325,000 | 10,623,205 | |||
Series 2040, 9.00%, 1/31/2040 | ZAR | 207,340,000 | 8,944,234 | |||
Series R186, 10.50%, 12/21/2026 | ZAR | 190,980,000 | 10,851,136 | |||
Series 2053, 11.63%, 3/31/2053 | ZAR | 30,000,000 | 1,589,869 | |||
86,699,891 | ||||||
SOUTH KOREA — 12.4% | ||||||
Korea Treasury Bonds: | ||||||
Series 2509, 1.13%, 9/10/2025 | KRW | 8,000,000,000 | 5,664,935 | |||
Series 3909, 1.13%, 9/10/2039 | KRW | 5,450,000,000 | 2,944,180 | |||
Series 2603, 1.25%, 3/10/2026 | KRW | 7,300,000,000 | 5,128,053 | |||
Series 2912, 1.38%, 12/10/2029 | KRW | 10,000,000,000 | 6,594,144 | |||
Series 3006, 1.38%, 6/10/2030 | KRW | 10,000,000,000 | 6,536,124 | |||
Series 01500-2612, 1.50%, 12/10/2026 | KRW | 4,344,000,000 | 3,028,290 | |||
Series 3012, 1.50%, 12/10/2030 | KRW | 9,500,000,000 | 6,204,534 | |||
Series 3609, 1.50%, 9/10/2036 | KRW | 6,003,000,000 | 3,583,544 | |||
Series 4009, 1.50%, 9/10/2040 | KRW | 6,000,000,000 | 3,390,162 | |||
Series 5003, 1.50%, 3/10/2050 | KRW | 16,730,000,000 | 8,483,273 | |||
Series 7009, 1.63%, 9/10/2070 | KRW | 7,050,000,000 | 3,165,523 | |||
Series 2609, 1.75%, 9/10/2026 | KRW | 7,200,000,000 | 5,066,241 |
Security Description | Principal Amount | Value | |||
Series 2606, 1.88%, 6/10/2026 | KRW | 3,959,000,000 | $2,801,849 | ||
Series 2906, 1.88%, 6/10/2029 | KRW | 7,280,000,000 | 4,963,096 | ||
Series 4109, 1.88%, 9/10/2041 | KRW | 5,000,000,000 | 2,966,469 | ||
Series 5103, 1.88%, 3/10/2051 | KRW | 18,500,000,000 | 10,187,115 | ||
Series 3106, 2.00%, 6/10/2031 | KRW | 9,500,000,000 | 6,366,855 | ||
Series 02000-4603, 2.00%, 3/10/2046 | KRW | 1,370,000,000 | 801,065 | ||
Series 4903, 2.00%, 3/10/2049 | KRW | 10,835,000,000 | 6,213,873 | ||
Series 2706, 2.13%, 6/10/2027 | KRW | 6,282,000,000 | 4,424,560 | ||
Series 4703, 2.13%, 3/10/2047 | KRW | 5,812,000,000 | 3,459,887 | ||
Series 3709, 2.25%, 9/10/2037 | KRW | 3,570,000,000 | 2,308,034 | ||
Series 2703, 2.38%, 3/10/2027 | KRW | 7,000,000,000 | 4,974,996 | ||
Series 2712, 2.38%, 12/10/2027 | KRW | 5,600,000,000 | 3,957,627 | ||
Series 2812, 2.38%, 12/10/2028 | KRW | 1,839,000,000 | 1,289,200 | ||
Series 3112, 2.38%, 12/10/2031 | KRW | 8,000,000,000 | 5,473,775 | ||
Series 3809, 2.38%, 9/10/2038 | KRW | 4,409,000,000 | 2,875,085 | ||
Series 5203, 2.50%, 3/10/2052 | KRW | 11,500,000,000 | 7,242,970 | ||
Series 2806, 2.63%, 6/10/2028 | KRW | 2,000,000,000 | 1,421,099 | ||
Series 3509, 2.63%, 9/10/2035 | KRW | 870,000,000 | 593,047 | ||
Series 4803, 2.63%, 3/10/2048 | KRW | 6,754,000,000 | 4,401,465 | ||
Series 4412, 2.75%, 12/10/2044 | KRW | 5,000,000,000 | 3,353,168 | ||
Series 4212, 3.00%, 12/10/2042 | KRW | 6,265,000,000 | 4,378,345 | ||
Series 2606, 3.13%, 6/10/2026 | KRW | 7,500,000,000 | 5,435,051 | ||
Series 2709, 3.13%, 9/10/2027 | KRW | 5,000,000,000 | 3,622,683 | ||
Series 5209, 3.13%, 9/10/2052 | KRW | 7,000,000,000 | 4,988,900 | ||
3.25%, 3/10/2026 | KRW | 5,500,000,000 | 3,994,210 | ||
Series 2803, 3.25%, 3/10/2028 | KRW | 10,000,000,000 | 7,272,475 | ||
3.25%, 3/10/2029 | KRW | 2,000,000,000 | 1,454,172 | ||
Series 3306, 3.25%, 6/10/2033 | KRW | 7,000,000,000 | 5,074,111 | ||
Series 4209, 3.25%, 9/10/2042 | KRW | 5,500,000,000 | 3,981,020 |
Security Description | Principal Amount | Value | ||||
Series 5303, 3.25%, 3/10/2053 | KRW | 11,000,000,000 | $8,027,913 | |||
Series 5403, 3.25%, 3/10/2054 | KRW | 8,000,000,000 | 5,844,838 | |||
Series 3206, 3.38%, 6/10/2032 | KRW | 8,000,000,000 | 5,855,300 | |||
Series 2809, 3.50%, 9/10/2028 | KRW | 7,000,000,000 | 5,139,744 | |||
3.50%, 6/10/2034 | KRW | 2,000,000,000 | 1,478,636 | |||
Series 7209, 3.50%, 9/10/2072 | KRW | 2,500,000,000 | 1,940,628 | |||
Series 5309, 3.63%, 9/10/2053 | KRW | 8,000,000,000 | 6,251,940 | |||
Series 2612, 3.88%, 12/10/2026 | KRW | 6,600,000,000 | 4,866,343 | |||
Series 4309, 3.88%, 9/10/2043 | KRW | 5,000,000,000 | 3,940,996 | |||
Series 3112, 4.00%, 12/10/2031 | KRW | 395,000,000 | 300,860 | |||
Series 3312, 4.13%, 12/10/2033 | KRW | 6,000,000,000 | 4,654,244 | |||
Series 2512, 4.25%, 12/10/2025 | KRW | 7,000,000,000 | 5,153,887 | |||
Series 3212, 4.25%, 12/10/2032 | KRW | 6,000,000,000 | 4,670,777 | |||
238,191,311 | ||||||
SUPRANATIONAL — 0.6% | ||||||
Asian Development Bank Series EMTN, 2.40%, 3/14/2027 | CNY | 60,000,000 | 8,229,423 | |||
Corp. Andina de Fomento Series EMTN, 8.50%, 3/8/2028 | MXN | 34,800,000 | 1,752,954 | |||
Inter-American Investment Corp. Series EMTN, 6.60%, 6/15/2025 | COP | 5,691,600,000 | 1,318,676 | |||
International Bank for Reconstruction & Development Series EMTN, 2.75%, 1/19/2027 | CNY | 1,000,000 | 138,602 | |||
11,439,655 | ||||||
THAILAND — 4.6% | ||||||
Thailand Government Bonds: | ||||||
Series LB, 1.00%, 6/17/2027 | THB | 140,000,000 | 3,663,169 | |||
1.59%, 12/17/2035 | THB | 122,000,000 | 2,930,046 | |||
1.60%, 12/17/2029 | THB | 178,400,000 | 4,638,022 | |||
1.60%, 6/17/2035 | THB | 97,700,000 | 2,366,196 | |||
1.88%, 6/17/2049 | THB | 59,000,000 | 1,193,491 | |||
2.00%, 12/17/2031 | THB | 175,000,000 | 4,566,254 | |||
2.00%, 6/17/2042 | THB | 69,000,000 | 1,580,371 | |||
2.13%, 12/17/2026 | THB | 99,380,000 | 2,692,441 |
Security Description | Principal Amount | Value | ||||
2.25%, 3/17/2027 | THB | 119,817,000 | $3,252,391 | |||
2.35%, 6/17/2026 | THB | 134,500,000 | 3,664,265 | |||
2.40%, 11/17/2027 | THB | 30,000,000 | 817,316 | |||
2.40%, 3/17/2029 | THB | 100,000,000 | 2,713,179 | |||
2.50%, 6/17/2071 | THB | 59,000,000 | 1,096,172 | |||
2.65%, 6/17/2028 | THB | 61,000,000 | 1,673,761 | |||
Series THAI, 2.75%, 6/17/2052 | THB | 20,000,000 | 475,174 | |||
2.80%, 6/17/2034 | THB | 100,000,000 | 2,745,357 | |||
2.88%, 12/17/2028 | THB | 97,510,000 | 2,703,320 | |||
2.88%, 6/17/2046 | THB | 143,955,000 | 3,620,081 | |||
3.30%, 6/17/2038 | THB | 31,936,000 | 905,022 | |||
3.35%, 6/17/2033 | THB | 167,000,000 | 4,782,015 | |||
3.39%, 6/17/2037 | THB | 178,000,000 | 5,101,541 | |||
3.40%, 6/17/2036 | THB | 51,940,000 | 1,488,198 | |||
3.45%, 6/17/2043 | THB | 150,000,000 | 4,191,582 | |||
3.58%, 12/17/2027 | THB | 4,650,000 | 131,353 | |||
3.60%, 6/17/2067 | THB | 62,200,000 | 1,620,089 | |||
3.65%, 6/20/2031 | THB | 86,575,000 | 2,514,887 | |||
3.78%, 6/25/2032 | THB | 121,120,000 | 3,565,057 | |||
3.80%, 6/14/2041 | THB | 12,750,000 | 374,577 | |||
3.85%, 12/12/2025 | THB | 123,882,000 | 3,446,669 | |||
4.00%, 6/17/2055 | THB | 10,000,000 | 295,667 | |||
4.00%, 6/17/2066 | THB | 158,080,000 | 4,470,751 | |||
4.00%, 6/17/2072 | THB | 5,000,000 | 139,937 | |||
4.68%, 6/29/2044 | THB | 78,400,000 | 2,551,420 | |||
4.85%, 6/17/2061 | THB | 53,195,000 | 1,753,833 | |||
4.88%, 6/22/2029 | THB | 113,904,000 | 3,444,875 | |||
5.67%, 3/13/2028 | THB | 10,000,000 | 303,421 | |||
87,471,900 | ||||||
TURKEY — 3.4% | ||||||
Turkiye Government Bonds: | ||||||
9.10%, 2/16/2028 | TRY | 110,000,000 | 1,881,812 | |||
10.28%, 9/15/2027 | TRY | 237,735,000 | 4,387,258 | |||
10.40%, 10/13/2032 | TRY | 255,000,000 | 3,889,151 | |||
10.50%, 8/11/2027 | TRY | 218,130,000 | 4,243,367 | |||
10.60%, 2/11/2026 | TRY | 89,224,000 | 1,932,345 | |||
11.00%, 2/24/2027 | TRY | 21,938,000 | 431,620 | |||
12.40%, 3/8/2028 | TRY | 219,330,000 | 4,261,693 | |||
12.60%, 10/1/2025 | TRY | 334,000,000 | 7,666,509 | |||
16.90%, 9/2/2026 | TRY | 110,100,000 | 2,518,798 | |||
17.30%, 7/19/2028 | TRY | 255,000,000 | 5,818,171 | |||
17.80%, 7/13/2033 | TRY | 230,000,000 | 5,068,861 | |||
20.20%, 6/9/2027 | TRY | 136,500,000 | 3,323,949 | |||
21.50%, 4/28/2032 | TRY | 73,000,000 | 1,892,720 | |||
26.20%, 10/5/2033 | TRY | 271,316,380 | 8,110,484 | |||
31.08%, 11/8/2028 | TRY | 280,400,000 | 8,796,846 | |||
37.00%, 2/18/2026 | TRY | 20,000,000 | 600,302 | |||
64,823,886 | ||||||
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $2,034,482,453) | 1,867,476,271 |
Security Description | Shares | Value | ||||
SHORT-TERM INVESTMENTS — 0.8% | ||||||
State Street Institutional U.S. Government Money Market Fund, Class G Shares 5.29% (d) (e) | 4,136,372 | $4,136,372 | ||||
State Street Navigator Securities Lending Portfolio II (f) (g) | 11,529,039 | 11,529,039 | ||||
TOTAL SHORT-TERM INVESTMENTS (Cost $15,665,411) | 15,665,411 | |||||
TOTAL INVESTMENTS — 98.1% (Cost $2,050,147,864) | 1,883,141,682 | |||||
OTHER ASSETS IN EXCESS OF LIABILITIES — 1.9% | 35,991,019 | |||||
NET ASSETS — 100.0% | $1,919,132,701 |
(a) | Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 2.4% of net assets as of June 30, 2024, are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
(b) | All or a portion of the shares of the security are on loan at June 30, 2024. |
(c) | When-issued security. |
(d) | The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended June 30, 2024 are shown in the Affiliate Table below. |
(e) | The rate shown is the annualized seven-day yield at June 30, 2024. |
(f) | The Fund invested in an affiliated entity. Amounts related to these investments during the period ended June 30, 2024 are shown in the Affiliate Table below. |
(g) | Investment of cash collateral for securities loaned. |
EMTN | Euro Medium Term Note |
BRL | Brazilian Real |
CLP | Chilean Peso |
CNY | China Yuan Renminbi |
COP | Colombian Peso |
CZK | Czech Koruna |
HUF | Hungary Forint |
IDR | Indonesia Rupiah |
ILS | Israeli New Shekel |
KRW | South Korean Won |
MXN | Mexican Peso |
MYR | Malaysian Ringgit |
PEN | Peru Nuevo Sol |
PHP | Philippines Peso |
PLN | Polish Zloty |
RON | Romania New Leu |
THB | Thai Baht |
TRY | Turkish New Lira |
ZAR | South African Rand |
Counterparty | Amount Sold | Amount Bought | Settlement Date | Net Unrealized Appreciation/ (Depreciation) | ||||
JP Morgan Chase Bank, N.A. | CNY1,722,287 | CNY12,500,000 | 07/03/2024 | $2,595 | ||||
JP Morgan Chase Bank, N.A. | USD12,500,000 | USD1,717,268 | 08/08/2024 | (34,371) | ||||
Standard Chartered Bank | KRW1,814,224 | KRW2,500,000,000 | 07/03/2024 | 1,770 | ||||
Standard Chartered Bank | USD2,500,000,000 | USD1,818,446 | 08/08/2024 | 707 | ||||
UBS AG | USD2,500,000,000 | USD1,802,841 | 07/03/2024 | (13,152) | ||||
UBS AG | KRW1,806,358 | KRW2,500,000,000 | 08/08/2024 | 11,380 | ||||
Westpac Banking Corp. | USD12,500,000 | USD1,718,799 | 07/03/2024 | (6,083) | ||||
Westpac Banking Corp. | CNY1,723,082 | CNY12,500,000 | 08/08/2024 | 28,557 | ||||
Total | $(8,597) | |||||||
CNY | China Yuan Renminbi |
KRW | South Korean Won |
Description | Level 1 – Quoted Prices | Level 2 – Other Significant Observable Inputs | Level 3 – Significant Unobservable Inputs | Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Foreign Government Obligations | $— | $1,867,476,271 | $— | $1,867,476,271 | ||||
Short-Term Investments | 15,665,411 | — | — | 15,665,411 | ||||
TOTAL INVESTMENTS | $15,665,411 | $1,867,476,271 | $— | $1,883,141,682 | ||||
OTHER FINANCIAL INSTRUMENTS: | ||||||||
Forward Foreign Currency Exchange Contracts - Unrealized Appreciation | $— | $45,009 | $— | $45,009 | ||||
Forward Foreign Currency Exchange Contracts - Unrealized Depreciation | — | (53,606) | — | (53,606) | ||||
TOTAL OTHER FINANCIAL INSTRUMENTS: | $— | $(8,597) | $— | $(8,597) |
Number of Shares Held at 12/31/23 | Value at 12/31/23 | Cost of Purchases | Proceeds from Shares Sold | Realized Gain (Loss) | Change in Unrealized Appreciation/ Depreciation | Number of Shares Held at 6/30/24 | Value at 6/30/24 | Dividend Income | |||||||||
State Street Institutional U.S. Government Money Market Fund, Class G Shares | 15,698,100 | $15,698,100 | $78,823,591 | $90,385,319 | $— | $— | 4,136,372 | $4,136,372 | $104,884 | ||||||||
State Street Navigator Securities Lending Portfolio II | 21,260,045 | 21,260,045 | 40,598,747 | 50,329,753 | — | — | 11,529,039 | 11,529,039 | 18,886 | ||||||||
Total | $36,958,145 | $119,422,338 | $140,715,072 | $— | $— | $15,665,411 | $123,770 |
Security Description | Principal Amount | Value | ||||
CORPORATE BONDS & NOTES — 98.3% | ||||||
AUSTRALIA — 1.2% | ||||||
Australia & New Zealand Banking Group Ltd.: | ||||||
0.75%, 9/29/2026 | EUR | 300,000 | $303,352 | |||
Series EMTN, 3.65%, 1/20/2026 | EUR | 200,000 | 214,275 | |||
BHP Billiton Finance Ltd. Series 12, 4.30%, 9/25/2042 | GBP | 100,000 | 108,549 | |||
Commonwealth Bank of Australia Series MTN, 4.90%, 8/17/2028 | AUD | 200,000 | 133,231 | |||
National Australia Bank Ltd.: | ||||||
Series GMTN, 1.38%, 8/30/2028 | EUR | 300,000 | 296,772 | |||
Series GMTN, 2.13%, 5/24/2028 | EUR | 100,000 | 102,453 | |||
Series MTN, 2.90%, 2/25/2027 | AUD | 250,000 | 158,431 | |||
Sydney Airport Finance Co. Pty. Ltd. Series EMTN, 4.38%, 5/3/2033 | EUR | 150,000 | 166,204 | |||
Westpac Banking Corp.: | ||||||
Series EMTN, 3.70%, 1/16/2026 | EUR | 200,000 | 214,667 | |||
Series MTN, 5.10%, 5/14/2029 | AUD | 200,000 | 133,831 | |||
1,831,765 | ||||||
AUSTRIA — 0.2% | ||||||
OMV AG Series EMTN, 1.00%, 12/14/2026 | EUR | 174,000 | 176,611 | |||
Raiffeisen Bank International AG 3 mo. EUR EURIBOR + 1.95%, 4.75%, 1/26/2027 (a) | EUR | 100,000 | 108,078 | |||
284,689 | ||||||
BELGIUM — 1.9% | ||||||
Anheuser-Busch InBev SA: | ||||||
Series EMTN, 1.13%, 7/1/2027 | EUR | 200,000 | 201,741 | |||
Series EMTN, 1.15%, 1/22/2027 | EUR | 300,000 | 304,871 | |||
Series EMTN, 1.50%, 4/18/2030 | EUR | 100,000 | 97,454 | |||
Series EMTN, 1.65%, 3/28/2031 | EUR | 200,000 | 193,238 | |||
Series EMTN, 2.00%, 3/17/2028 | EUR | 220,000 | 226,310 | |||
Series EMTN, 2.75%, 3/17/2036 | EUR | 550,000 | 538,593 | |||
Series EMTN, 2.88%, 4/2/2032 | EUR | 250,000 | 256,849 | |||
Series EMTN, 3.70%, 4/2/2040 | EUR | 550,000 | 573,796 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 3.95%, 3/22/2044 | EUR | 150,000 | $157,898 | |||
KBC Group NV: | ||||||
Series EMTN, 3 mo. EUR EURIBOR + 1.38%, 4.38%, 4/19/2030 (a) | EUR | 300,000 | 329,671 | |||
Series EMTN, 3 mo. EUR EURIBOR + 1.70%, 4.38%, 11/23/2027 (a) | EUR | 100,000 | 108,498 | |||
2,988,919 | ||||||
CANADA — 0.9% | ||||||
Bank of Nova Scotia Series EMTN, 3.50%, 4/17/2029 | EUR | 100,000 | 106,412 | |||
Royal Bank of Canada Series EMTN, 2.13%, 4/26/2029 | EUR | 200,000 | 201,108 | |||
Toronto-Dominion Bank: | ||||||
Series EMTN, 1.95%, 4/8/2030 | EUR | 500,000 | 485,948 | |||
Series EMTN, 2.55%, 8/3/2027 | EUR | 100,000 | 103,934 | |||
Series EMTN, 2.88%, 4/5/2027 | GBP | 200,000 | 237,452 | |||
Series EMTN, 3.13%, 8/3/2032 | EUR | 200,000 | 204,054 | |||
1,338,908 | ||||||
CHINA — 0.1% | ||||||
Prosus NV 1.29%, 7/13/2029 | EUR | 200,000 | 183,686 | |||
DENMARK — 0.4% | ||||||
Danske Bank AS: | ||||||
1 yr. EUR Swap + 0.95%, 4.00%, 1/12/2027 (a) | EUR | 100,000 | 107,624 | |||
1 yr. EUR Swap + 1.25%, 4.13%, 1/10/2031 (a) | EUR | 200,000 | 218,947 | |||
Series EMTN, 1 yr. EURIBOR ICE Swap + 1.70%, 4.75%, 6/21/2030 (a) | EUR | 100,000 | 111,538 | |||
Series EMTN, 1 yr. U.K. Government Bond + 1.65%, 2.25%, 1/14/2028 (a) | GBP | 200,000 | 233,410 | |||
671,519 | ||||||
FINLAND — 0.9% | ||||||
Nordea Bank Abp: | ||||||
Series EMTN, 0.50%, 5/14/2027 | EUR | 100,000 | 99,344 | |||
Series EMTN, 1.13%, 2/16/2027 | EUR | 100,000 | 100,789 | |||
Series EMTN, 2.50%, 5/23/2029 | EUR | 300,000 | 306,622 | |||
Series EMTN, 3.63%, 3/15/2034 (b) | EUR | 150,000 | 159,013 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 4.13%, 5/5/2028 | EUR | 350,000 | $382,173 | |||
OP Corporate Bank PLC: | ||||||
Series EMTN, 0.10%, 11/16/2027 | EUR | 200,000 | 192,656 | |||
Series EMTN, 0.50%, 8/12/2025 | EUR | 200,000 | 207,232 | |||
1,447,829 | ||||||
FRANCE — 20.7% | ||||||
Airbus SE: | ||||||
Series EMTN, 1.63%, 6/9/2030 | EUR | 300,000 | 289,022 | |||
Series EMTN, 2.38%, 4/7/2032 | EUR | 100,000 | 99,198 | |||
Series EMTN, 2.38%, 6/9/2040 | EUR | 100,000 | 88,061 | |||
Autoroutes du Sud de la France SA: | ||||||
Series EMTN, 1.25%, 1/18/2027 | EUR | 200,000 | 203,254 | |||
Series EMTN, 1.38%, 1/22/2030 | EUR | 100,000 | 96,220 | |||
Series EMTN, 1.38%, 2/21/2031 | EUR | 100,000 | 93,722 | |||
Ayvens SA: | ||||||
3.88%, 1/24/2028 | EUR | 100,000 | 107,106 | |||
Series EMTN, 4.88%, 10/6/2028 | EUR | 200,000 | 222,999 | |||
Banque Federative du Credit Mutuel SA: | ||||||
Series EMTN, 0.01%, 5/11/2026 | EUR | 200,000 | 200,644 | |||
0.25%, 7/19/2028 | EUR | 200,000 | 185,849 | |||
Series EMTN, 0.63%, 2/21/2031 | EUR | 200,000 | 173,566 | |||
Series EMTN, 0.75%, 7/17/2025 | EUR | 200,000 | 208,057 | |||
Series EMTN, 0.75%, 6/8/2026 | EUR | 200,000 | 202,946 | |||
0.75%, 1/17/2030 | EUR | 400,000 | 363,095 | |||
Series EMTN, 1.25%, 5/26/2027 | EUR | 400,000 | 401,456 | |||
1.25%, 6/3/2030 | EUR | 300,000 | 276,757 | |||
Series EMTN, 1.38%, 7/16/2028 (b) | EUR | 200,000 | 196,272 | |||
Series EMTN, 1.75%, 3/15/2029 (b) | EUR | 200,000 | 195,412 | |||
Series EMTN, 2.63%, 11/6/2029 (b) | EUR | 300,000 | 302,173 | |||
Series EMTN, 3.13%, 9/14/2027 | EUR | 400,000 | 422,097 | |||
Series EMTN, 3.75%, 2/1/2033 | EUR | 200,000 | 213,973 | |||
Series EMTN, 4.13%, 3/13/2029 (b) | EUR | 300,000 | 327,879 |
Security Description | Principal Amount | Value | |||
Series EMTN, 4.13%, 6/14/2033 | EUR | 100,000 | $109,946 | ||
Series EMTN, 4.38%, 5/2/2030 | EUR | 300,000 | 328,393 | ||
BNP Paribas SA: | |||||
Series EMTN, 0.13%, 9/4/2026 | EUR | 100,000 | 99,646 | ||
Series EMTN, 0.63%, 12/3/2032 (b) | EUR | 300,000 | 246,935 | ||
Series EMTN, 1.13%, 6/11/2026 | EUR | 200,000 | 204,218 | ||
Series EMTN, 1.25%, 7/13/2031 | GBP | 200,000 | 193,847 | ||
Series EMTN, 1.38%, 5/28/2029 | EUR | 200,000 | 191,438 | ||
Series EMTN, 1.50%, 11/17/2025 | EUR | 100,000 | 104,027 | ||
Series EMTN, 1.63%, 2/23/2026 (b) | EUR | 150,000 | 156,130 | ||
Series EMTN, 2.10%, 4/7/2032 | EUR | 300,000 | 283,047 | ||
Series EMTN, 4.13%, 5/24/2033 | EUR | 100,000 | 110,984 | ||
Series EMTN, 5.75%, 6/13/2032 | GBP | 200,000 | 257,191 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.70%, 0.25%, 4/13/2027 (a) | EUR | 100,000 | 100,634 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.73%, 0.50%, 2/19/2028 (a) (b) | EUR | 400,000 | 393,250 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.83%, 0.50%, 1/19/2030 (a) | EUR | 400,000 | 367,831 | ||
3 mo. EUR EURIBOR - 0.95%, 0.50%, 9/1/2028 (a) (b) | EUR | 400,000 | 386,688 | ||
Series EMTN, 3 mo. EUR EURIBOR - 1.35%, 1.13%, 4/17/2029 (a) (b) | EUR | 300,000 | 290,742 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.78%, 3.88%, 2/23/2029 (a) | EUR | 400,000 | 431,566 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.83%, 0.88%, 7/11/2030 (a) | EUR | 300,000 | 276,539 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.92%, 3.88%, 1/10/2031 (a) | EUR | 400,000 | 432,153 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.95%, 4.13%, 9/26/2032 (a) | EUR | 200,000 | 219,550 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.37%, 2.75%, 7/25/2028 (a) (b) | EUR | 400,000 | 415,443 |
Security Description | Principal Amount | Value | |||
Series EMTN, 3 mo. EUR EURIBOR + 1.37%, 4.25%, 4/13/2031 (a) | EUR | 100,000 | $109,139 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.60%, 4.75%, 11/13/2032 (a) | EUR | 100,000 | 111,830 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.80%, 2.13%, 1/23/2027 (a) | EUR | 300,000 | 312,905 | ||
Bouygues SA: | |||||
1.13%, 7/24/2028 | EUR | 200,000 | 196,866 | ||
1.38%, 6/7/2027 | EUR | 100,000 | 101,550 | ||
2.25%, 6/29/2029 | EUR | 100,000 | 101,174 | ||
3.88%, 7/17/2031 | EUR | 200,000 | 217,735 | ||
4.63%, 6/7/2032 | EUR | 300,000 | 340,786 | ||
5.38%, 6/30/2042 | EUR | 200,000 | 241,564 | ||
BPCE SA: | |||||
0.25%, 1/15/2026 | EUR | 200,000 | 203,281 | ||
0.25%, 1/14/2031 | EUR | 300,000 | 258,326 | ||
Series EMTN, 0.38%, 2/2/2026 | EUR | 300,000 | 305,120 | ||
Series EMTN, 0.50%, 2/24/2027 (b) | EUR | 200,000 | 197,138 | ||
Series EMTN, 0.75%, 3/3/2031 | EUR | 200,000 | 175,419 | ||
Series EMTN, 1.00%, 1/14/2032 (b) | EUR | 400,000 | 348,047 | ||
Series EMTN, 1.75%, 4/26/2027 (b) | EUR | 300,000 | 306,349 | ||
Series EMTN, 3.50%, 1/25/2028 | EUR | 300,000 | 320,175 | ||
Series EMTN, 3.88%, 1/25/2036 | EUR | 100,000 | 106,516 | ||
Series EMTN, 4.00%, 11/29/2032 | EUR | 400,000 | 435,298 | ||
Series EMTN, 4.38%, 7/13/2028 | EUR | 100,000 | 109,131 | ||
Series EMTN, 4.50%, 1/13/2033 | EUR | 100,000 | 110,815 | ||
Series DMTN, 3 mo. EUR EURIBOR - 1.00%, 0.50%, 9/15/2027 (a) | EUR | 200,000 | 198,934 | ||
Capgemini SE: | |||||
2.00%, 4/15/2029 | EUR | 200,000 | 202,160 | ||
2.38%, 4/15/2032 | EUR | 100,000 | 98,636 | ||
Carrefour SA Series EMTN, 2.63%, 12/15/2027 (b) | EUR | 200,000 | 207,900 | ||
Cie de Saint-Gobain SA: | |||||
Series EMTN, 1.88%, 3/15/2031 | EUR | 400,000 | 383,305 | ||
Series EMTN, 3.75%, 11/29/2026 | EUR | 200,000 | 215,312 | ||
Cie Generale des Etablissements Michelin SCA 1.75%, 9/3/2030 | EUR | 200,000 | 195,443 |
Security Description | Principal Amount | Value | |||
Credit Agricole SA: | |||||
Series EMTN, 0.13%, 12/9/2027 | EUR | 200,000 | $190,114 | ||
Series EMTN, 0.38%, 4/20/2028 | EUR | 200,000 | 189,572 | ||
Series EMTN, 0.88%, 1/14/2032 | EUR | 100,000 | 86,359 | ||
Series EMTN, 1.00%, 7/3/2029 | EUR | 300,000 | 284,606 | ||
Series EMTN, 1.25%, 4/14/2026 | EUR | 200,000 | 205,988 | ||
Series EMTN, 1.38%, 5/3/2027 | EUR | 100,000 | 101,006 | ||
Series EMTN, 1.75%, 3/5/2029 | EUR | 100,000 | 97,965 | ||
Series EMTN, 1.88%, 12/20/2026 | EUR | 100,000 | 102,825 | ||
Series EMTN, 2.50%, 8/29/2029 (b) | EUR | 200,000 | 203,314 | ||
Series EMTN, 3.13%, 2/5/2026 | EUR | 100,000 | 106,683 | ||
Series EMTN, 3.38%, 7/28/2027 | EUR | 300,000 | 319,475 | ||
Series EMTN, 3.88%, 4/20/2031 | EUR | 400,000 | 433,560 | ||
Series EMTN, 3.88%, 11/28/2034 (b) | EUR | 400,000 | 433,732 | ||
Series EMTN, 4.00%, 1/18/2033 | EUR | 200,000 | 219,176 | ||
Series EMTN, 4.13%, 3/7/2030 | EUR | 100,000 | 109,712 | ||
Series EMTN, 4.13%, 2/26/2036 | EUR | 100,000 | 107,621 | ||
Series EMTN, 4.38%, 11/27/2033 | EUR | 100,000 | 110,716 | ||
4.88%, 10/23/2029 | GBP | 200,000 | 251,343 | ||
1 yr. U.K. Government Bond + 2.60%, 5.75%, 11/29/2027 (a) | GBP | 200,000 | 253,744 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.68%, 0.50%, 9/21/2029 (a) | EUR | 200,000 | 186,508 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.35%, 4.00%, 10/12/2026 (a) | EUR | 200,000 | 214,688 | ||
3 mo. EUR EURIBOR + 1.45%, 4.25%, 7/11/2029 (a) | EUR | 300,000 | 326,315 | ||
Credit Mutuel Arkea SA Series EMTN, 3.38%, 9/19/2027 | EUR | 100,000 | 106,391 | ||
Danone SA Series EMTN, Zero Coupon, 12/1/2025 | EUR | 300,000 | 305,867 | ||
Dassault Systemes SE 0.38%, 9/16/2029 | EUR | 300,000 | 275,724 | ||
Engie SA: | |||||
Series EMTN, 2.38%, 5/19/2026 | EUR | 100,000 | 104,949 |
Security Description | Principal Amount | Value | |||
Series EMTN, 3.63%, 1/11/2030 | EUR | 100,000 | $107,009 | ||
Series EMTN, 4.00%, 1/11/2035 | EUR | 200,000 | 214,763 | ||
Series EMTN, 5.00%, 10/1/2060 | GBP | 150,000 | 168,185 | ||
EssilorLuxottica SA: | |||||
Series EMTN, 0.38%, 1/5/2026 (b) | EUR | 300,000 | 307,080 | ||
Series EMTN, 0.38%, 11/27/2027 | EUR | 300,000 | 292,326 | ||
Series EMTN, 0.50%, 6/5/2028 | EUR | 100,000 | 96,803 | ||
Holding d'Infrastructures de Transport SASU Series EMTN, 1.48%, 1/18/2031 | EUR | 200,000 | 183,110 | ||
HSBC Continental Europe SA Series EMTN, 0.10%, 9/3/2027 | EUR | 300,000 | 290,691 | ||
Kering SA: | |||||
Series EMTN, 3.63%, 9/5/2031 | EUR | 100,000 | 107,137 | ||
Series EMTN, 3.88%, 9/5/2035 | EUR | 300,000 | 322,423 | ||
L'Oreal SA: | |||||
0.88%, 6/29/2026 | EUR | 400,000 | 408,865 | ||
Series EMTN, 2.88%, 5/19/2028 | EUR | 100,000 | 105,856 | ||
LVMH Moet Hennessy Louis Vuitton SE: | |||||
Series EMTN, Zero Coupon, 2/11/2026 | EUR | 200,000 | 202,929 | ||
0.13%, 2/11/2028 | EUR | 500,000 | 480,932 | ||
0.38%, 2/11/2031 (b) | EUR | 400,000 | 357,540 | ||
Series EMTN, 3.50%, 9/7/2033 | EUR | 100,000 | 107,741 | ||
Orange SA: | |||||
Series EMTN, 0.63%, 12/16/2033 | EUR | 200,000 | 164,739 | ||
Series EMTN, 1.38%, 3/20/2028 | EUR | 100,000 | 99,739 | ||
Series EMTN, 1.38%, 1/16/2030 | EUR | 200,000 | 192,820 | ||
Series EMTN, 1.88%, 9/12/2030 | EUR | 100,000 | 97,866 | ||
Series EMTN, 2.00%, 1/15/2029 | EUR | 300,000 | 303,441 | ||
Series EMTN, 3.25%, 1/15/2032 | GBP | 100,000 | 112,524 | ||
Series EMTN, 8.13%, 1/28/2033 | EUR | 200,000 | 285,552 | ||
Pernod Ricard SA 1.75%, 4/8/2030 | EUR | 100,000 | 97,425 | ||
Societe Generale SA: | |||||
Series EMTN, 0.13%, 2/18/2028 | EUR | 100,000 | 94,340 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 0.25%, 7/8/2027 | EUR | 400,000 | $387,313 | |||
Series EMTN, 0.75%, 1/25/2027 (b) | EUR | 500,000 | 495,640 | |||
Series EMTN, 1.75%, 3/22/2029 | EUR | 300,000 | 291,070 | |||
Series EMTN, 2.63%, 5/30/2029 | EUR | 200,000 | 204,889 | |||
Series EMTN, 4.00%, 11/16/2027 | EUR | 200,000 | 216,407 | |||
4.13%, 6/2/2027 | EUR | 100,000 | 108,440 | |||
Series EMTN, 4.25%, 11/16/2032 | EUR | 100,000 | 110,958 | |||
3 mo. EUR EURIBOR - 0.38%, 0.13%, 11/17/2026 (a) | EUR | 100,000 | 101,938 | |||
3 mo. EUR EURIBOR - 0.80%, 0.63%, 12/2/2027 (a) | EUR | 300,000 | 296,620 | |||
3 mo. EUR EURIBOR - 0.95%, 0.50%, 6/12/2029 (a) | EUR | 300,000 | 280,464 | |||
3 mo. EUR EURIBOR - 1.28%, 0.88%, 9/22/2028 (a) | EUR | 100,000 | 97,221 | |||
Series EMTN, 3 mo. EUR EURIBOR + 1.80%, 4.25%, 12/6/2030 (a) | EUR | 500,000 | 535,957 | |||
Suez SACA Series EMTN, 2.88%, 5/24/2034 | EUR | 200,000 | 192,849 | |||
TotalEnergies Capital Canada Ltd. Series EMTN, 2.13%, 9/18/2029 | EUR | 400,000 | 402,889 | |||
TotalEnergies Capital International SA: | ||||||
Series EMTN, 1.38%, 10/4/2029 | EUR | 200,000 | 194,113 | |||
Series EMTN, 1.49%, 4/8/2027 | EUR | 400,000 | 407,808 | |||
Series EMTN, 1.62%, 5/18/2040 | EUR | 200,000 | 160,185 | |||
Series EMTN, 1.99%, 4/8/2032 | EUR | 100,000 | 97,056 | |||
Unibail-Rodamco-Westfield SE: | ||||||
Series EMTN, 0.63%, 5/4/2027 | EUR | 200,000 | 196,719 | |||
Series EMTN, 1.38%, 12/4/2031 | EUR | 100,000 | 89,159 | |||
Vinci SA Series EMTN, 1.75%, 9/26/2030 (b) | EUR | 200,000 | 194,492 | |||
32,172,786 | ||||||
GERMANY — 10.8% | ||||||
Allianz Finance II BV Series 62, 4.50%, 3/13/2043 | GBP | 100,000 | 116,887 |
Security Description | Principal Amount | Value | |||
Amprion GmbH 3.97%, 9/22/2032 | EUR | 100,000 | $108,652 | ||
Aroundtown SA Series EMTN, 0.38%, 4/15/2027 | EUR | 200,000 | 185,810 | ||
BASF SE: | |||||
Series EMTN, 0.25%, 6/5/2027 | EUR | 200,000 | 196,769 | ||
0.88%, 11/15/2027 | EUR | 50,000 | 49,656 | ||
1.50%, 3/17/2031 | EUR | 200,000 | 189,123 | ||
Bayer AG: | |||||
0.63%, 7/12/2031 | EUR | 200,000 | 169,015 | ||
0.75%, 1/6/2027 | EUR | 300,000 | 298,372 | ||
1.38%, 7/6/2032 | EUR | 300,000 | 260,323 | ||
Series EMTN, 4.63%, 5/26/2033 | EUR | 150,000 | 165,058 | ||
Bayer Capital Corp. BV: | |||||
1.50%, 6/26/2026 | EUR | 300,000 | 307,746 | ||
2.13%, 12/15/2029 | EUR | 400,000 | 390,572 | ||
BMW Finance NV Series EMTN, 1.50%, 2/6/2029 | EUR | 400,000 | 397,513 | ||
BMW U.S. Capital LLC Series EMTN, 3.38%, 2/2/2034 | EUR | 150,000 | 157,071 | ||
Commerzbank AG: | |||||
Series EMTN, 0.50%, 12/4/2026 | EUR | 250,000 | 250,147 | ||
Series EMTN, 1.00%, 3/4/2026 | EUR | 50,000 | 51,504 | ||
Deutsche Bank AG: | |||||
Series EMTN, 1.63%, 1/20/2027 | EUR | 200,000 | 202,833 | ||
3 mo. EUR EURIBOR - 1.50%, 1.38%, 2/17/2032 (a) | EUR | 100,000 | 89,283 | ||
Series EMTN, 3 mo. EUR EURIBOR - 2.05%, 1.75%, 11/19/2030 (a) | EUR | 200,000 | 188,394 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.38%, 1.88%, 2/23/2028 (a) | EUR | 200,000 | 203,074 | ||
3 mo. EUR EURIBOR + 2.95%, 5.00%, 9/5/2030 (a) | EUR | 400,000 | 442,423 | ||
Series EMTN, Sterling Overnight Index Average + 2.62%, 6.13%, 12/12/2030 (a) | GBP | 300,000 | 383,703 | ||
Deutsche Boerse AG: | |||||
3.88%, 9/28/2026 | EUR | 100,000 | 108,115 | ||
3.88%, 9/28/2033 | EUR | 200,000 | 220,319 | ||
Deutsche Lufthansa AG Series EMTN, 3.00%, 5/29/2026 | EUR | 100,000 | 105,320 |
Security Description | Principal Amount | Value | |||
Deutsche Post AG Series EMTN, 3.50%, 3/25/2036 | EUR | 100,000 | $105,017 | ||
Deutsche Telekom AG: | |||||
Series EMTN, 0.50%, 7/5/2027 | EUR | 100,000 | 99,476 | ||
Series EMTN, 1.75%, 3/25/2031 | EUR | 200,000 | 195,927 | ||
Deutsche Telekom International Finance BV: | |||||
Series EMTN, 1.50%, 4/3/2028 | EUR | 250,000 | 251,918 | ||
Series EMTN, 2.00%, 12/1/2029 | EUR | 70,000 | 70,676 | ||
E.ON International Finance BV: | |||||
Series EMTN, 1.50%, 7/31/2029 (b) | EUR | 150,000 | 146,615 | ||
Series EMTN, 5.88%, 10/30/2037 | GBP | 200,000 | 258,997 | ||
Series EMTN, 6.13%, 7/6/2039 | GBP | 50,000 | 65,980 | ||
Series EMTN, 6.25%, 6/3/2030 | GBP | 100,000 | 133,245 | ||
Series EMTN, 6.38%, 6/7/2032 | GBP | 140,000 | 189,187 | ||
Series EMTN, 6.75%, 1/27/2039 | GBP | 100,000 | 139,653 | ||
E.ON SE: | |||||
Series EMTN, 0.38%, 9/29/2027 | EUR | 251,000 | 245,280 | ||
Series EMTN, 3.88%, 1/12/2035 | EUR | 200,000 | 214,274 | ||
Grand City Properties SA Series EMTN, 0.13%, 1/11/2028 | EUR | 200,000 | 183,155 | ||
Heidelberg Materials Finance Luxembourg SA Series EMTN, 1.63%, 4/7/2026 | EUR | 200,000 | 207,629 | ||
Mercedes-Benz Group AG: | |||||
Series EMTN, 0.75%, 9/10/2030 (b) | EUR | 150,000 | 137,840 | ||
Series EMTN, 0.75%, 3/11/2033 | EUR | 200,000 | 171,086 | ||
Series EMTN, 1.00%, 11/15/2027 | EUR | 100,000 | 99,750 | ||
Series EMTN, 1.13%, 11/6/2031 | EUR | 225,000 | 205,647 | ||
Series EMTN, 1.50%, 7/3/2029 | EUR | 250,000 | 245,823 | ||
Series EMTN, 2.13%, 7/3/2037 | EUR | 100,000 | 91,317 | ||
Mercedes-Benz International Finance BV: | |||||
Series EMTN, 0.38%, 11/8/2026 | EUR | 200,000 | 200,221 |
Security Description | Principal Amount | Value | |||
Series EMTN, 0.63%, 5/6/2027 (b) | EUR | 116,000 | $116,023 | ||
Series EMTN, 1.00%, 11/11/2025 | EUR | 124,000 | 128,574 | ||
Series EMTN, 1.38%, 6/26/2026 | EUR | 200,000 | 206,389 | ||
Series EMTN, 2.00%, 8/22/2026 | EUR | 300,000 | 311,990 | ||
Series EMTN, 3.50%, 5/30/2026 | EUR | 128,000 | 137,568 | ||
Series EMTN, 3.70%, 5/30/2031 | EUR | 300,000 | 326,707 | ||
Robert Bosch GmbH: | |||||
Series EMTN, 3.63%, 6/2/2030 (b) | EUR | 200,000 | 215,021 | ||
Series EMTN, 4.00%, 6/2/2035 | EUR | 100,000 | 109,171 | ||
Series EMTN, 4.38%, 6/2/2043 | EUR | 300,000 | 327,553 | ||
RWE AG: | |||||
Series EMTN, 2.13%, 5/24/2026 (b) | EUR | 300,000 | 313,971 | ||
Series EMTN, 2.75%, 5/24/2030 | EUR | 100,000 | 102,280 | ||
SAP SE: | |||||
1.25%, 3/10/2028 | EUR | 300,000 | 300,921 | ||
1.63%, 3/10/2031 | EUR | 100,000 | 97,463 | ||
Siemens Financieringsmaatschappij NV: | |||||
Series EMTN, Zero Coupon, 2/20/2026 | EUR | 300,000 | 305,140 | ||
Series EMTN, 0.25%, 2/20/2029 | EUR | 100,000 | 94,306 | ||
Series EMTN, 0.38%, 6/5/2026 | EUR | 200,000 | 202,996 | ||
Series EMTN, 0.50%, 9/5/2034 | EUR | 400,000 | 322,820 | ||
Series EMTN, 1.38%, 9/6/2030 | EUR | 100,000 | 96,860 | ||
Series EMTN, 3.00%, 9/8/2033 | EUR | 300,000 | 311,229 | ||
Series EMTN, 3.38%, 8/24/2031 | EUR | 200,000 | 215,959 | ||
3.38%, 2/22/2037 | EUR | 100,000 | 104,560 | ||
3.63%, 2/22/2044 | EUR | 200,000 | 207,431 | ||
Traton Finance Luxembourg SA Series EMTN, 0.75%, 3/24/2029 | EUR | 200,000 | 187,151 | ||
Volkswagen Bank GmbH Series EMTN, 4.25%, 1/7/2026 | EUR | 100,000 | 107,800 | ||
Volkswagen Financial Services AG Series EMTN, 0.88%, 1/31/2028 | EUR | 200,000 | 195,051 |
Security Description | Principal Amount | Value | ||||
Volkswagen International Finance NV: | ||||||
Series EMTN, 0.88%, 9/22/2028 | EUR | 100,000 | $95,366 | |||
Series EMTN, 1.63%, 1/16/2030 (b) | EUR | 263,000 | 252,187 | |||
1.88%, 3/30/2027 | EUR | 300,000 | 307,208 | |||
3.25%, 11/18/2030 (b) | EUR | 300,000 | 312,555 | |||
Series EMTN, 4.13%, 11/15/2025 | EUR | 100,000 | 107,824 | |||
4.13%, 11/16/2038 (b) | EUR | 200,000 | 215,474 | |||
Volkswagen Leasing GmbH Series EMTN, 0.38%, 7/20/2026 | EUR | 250,000 | 251,010 | |||
Vonovia SE: | ||||||
Series EMTN, 0.25%, 9/1/2028 | EUR | 200,000 | 184,659 | |||
Series EMTN, 0.38%, 6/16/2027 | EUR | 200,000 | 194,552 | |||
Series EMTN, 0.63%, 12/14/2029 | EUR | 200,000 | 179,323 | |||
Series EMTN, 0.75%, 9/1/2032 | EUR | 100,000 | 82,453 | |||
1.00%, 6/16/2033 | EUR | 200,000 | 162,828 | |||
Wintershall Dea Finance BV: | ||||||
0.84%, 9/25/2025 | EUR | 200,000 | 206,073 | |||
1.33%, 9/25/2028 | EUR | 100,000 | 96,011 | |||
1.82%, 9/25/2031 | EUR | 200,000 | 180,414 | |||
16,769,266 | ||||||
IRELAND — 0.2% | ||||||
AIB Group PLC Series EMTN, 1 yr. EUR Swap + 1.30%, 2.25%, 4/4/2028 (a) | EUR | 100,000 | 102,761 | |||
Smurfit Kappa Acquisitions ULC 2.88%, 1/15/2026 | EUR | 200,000 | 211,533 | |||
314,294 | ||||||
ITALY — 5.4% | ||||||
ASTM SpA: | ||||||
Series EMTN, 1.50%, 1/25/2030 | EUR | 300,000 | 281,950 | |||
Series EMTN, 2.38%, 11/25/2033 | EUR | 100,000 | 90,586 | |||
Autostrade per l'Italia SpA 2.00%, 1/15/2030 | EUR | 300,000 | 287,900 | |||
Enel Finance International NV: | ||||||
0.25%, 11/17/2025 | EUR | 100,000 | 102,549 | |||
Series EMTN, 0.25%, 5/28/2026 | EUR | 100,000 | 100,733 | |||
Series EMTN, 0.25%, 6/17/2027 (c) | EUR | 200,000 | 194,720 | |||
Series EMTN, 0.38%, 6/17/2027 | EUR | 200,000 | 195,822 | |||
Series EMTN, 0.63%, 5/28/2029 | EUR | 250,000 | 232,587 |
Security Description | Principal Amount | Value | |||
Series EMTN, 0.75%, 6/17/2030 (c) | EUR | 250,000 | $226,842 | ||
Series EMTN, 0.88%, 9/28/2034 | EUR | 150,000 | 119,849 | ||
Series EMTN, 0.88%, 6/17/2036 | EUR | 100,000 | 75,043 | ||
Series EMTN, 1.13%, 9/16/2026 | EUR | 350,000 | 356,399 | ||
Series EMTN, 2.88%, 4/11/2029 | GBP | 100,000 | 114,705 | ||
Series EMTN, 5.75%, 9/14/2040 | GBP | 250,000 | 313,317 | ||
Eni SpA: | |||||
Series EMTN, 0.38%, 6/14/2028 | EUR | 100,000 | 95,021 | ||
Series EMTN, 0.63%, 1/23/2030 | EUR | 300,000 | 275,215 | ||
Series EMTN, 1.25%, 5/18/2026 | EUR | 100,000 | 102,804 | ||
Series EMTN, 1.50%, 2/2/2026 | EUR | 200,000 | 207,884 | ||
Series EMTN, 2.00%, 5/18/2031 | EUR | 350,000 | 337,340 | ||
Series EMTN, 3.63%, 1/29/2029 | EUR | 200,000 | 216,027 | ||
Series EMTN, 3.75%, 9/12/2025 | EUR | 150,000 | 161,035 | ||
Intesa Sanpaolo SpA: | |||||
Series EMTN, 0.75%, 3/16/2028 | EUR | 300,000 | 289,150 | ||
Series EMTN, 1.00%, 11/19/2026 | EUR | 300,000 | 302,017 | ||
Series EMTN, 1.75%, 3/20/2028 (b) | EUR | 150,000 | 150,239 | ||
Series EMTN, 4.75%, 9/6/2027 | EUR | 200,000 | 220,415 | ||
Series EMTN, 4.88%, 5/19/2030 (b) | EUR | 150,000 | 169,423 | ||
Series EMTN, 5.13%, 8/29/2031 | EUR | 100,000 | 114,754 | ||
Series EMTN, 6.63%, 5/31/2033 | GBP | 300,000 | 395,647 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.70%, 5.00%, 3/8/2028 (a) | EUR | 300,000 | 330,933 | ||
Ryanair DAC Series EMTN, 0.88%, 5/25/2026 | EUR | 200,000 | 203,371 | ||
Snam SpA Series EMTN, 0.88%, 10/25/2026 | EUR | 200,000 | 201,495 | ||
Terna - Rete Elettrica Nazionale Series EMTN, 1.38%, 7/26/2027 | EUR | 100,000 | 100,743 | ||
UniCredit SpA: | |||||
Series EMTN, 0.33%, 1/19/2026 | EUR | 100,000 | 101,804 | ||
Series EMTN, 0.85%, 1/19/2031 | EUR | 100,000 | 88,689 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 4.00%, 3/5/2034 | EUR | 100,000 | $105,859 | |||
Series EMTN, 3 mo. EUR EURIBOR - 0.90%, 0.80%, 7/5/2029 (a) | EUR | 300,000 | 286,662 | |||
Series EMTN, 3 mo. EUR EURIBOR - 2.55%, 2.20%, 7/22/2027 (a) | EUR | 250,000 | 259,135 | |||
Series EMTN, 3 mo. EUR EURIBOR + 0.85%, 0.93%, 1/18/2028 (a) | EUR | 200,000 | 199,829 | |||
Series EMTN, 3 mo. EUR EURIBOR + 1.60%, 4.45%, 2/16/2029 (a) | EUR | 350,000 | 380,664 | |||
Series EMTN, 3 mo. EUR EURIBOR + 1.90%, 4.80%, 1/17/2029 (a) | EUR | 200,000 | 221,476 | |||
Series EMTN, 3 mo. EUR EURIBOR + 2.85%, 5.85%, 11/15/2027 (a) | EUR | 150,000 | 167,798 | |||
8,378,431 | ||||||
JAPAN — 2.2% | ||||||
Mizuho Financial Group, Inc.: | ||||||
Series EMTN, 0.69%, 10/7/2030 | EUR | 300,000 | 267,575 | |||
3 mo. EUR EURIBOR - 0.72%, 0.47%, 9/6/2029 (a) | EUR | 100,000 | 94,110 | |||
NTT Finance Corp.: | ||||||
Series 18, 0.38%, 9/20/2030 | JPY | 100,000,000 | 597,874 | |||
Series 26, 0.84%, 6/20/2033 | JPY | 100,000,000 | 596,159 | |||
Seven & i Holdings Co. Ltd. Series 14, 0.19%, 12/19/2025 | JPY | 100,000,000 | 618,860 | |||
Sumitomo Mitsui Financial Group, Inc.: | ||||||
Series EMTN, 0.63%, 10/23/2029 | EUR | 100,000 | 92,026 | |||
1.55%, 6/15/2026 | EUR | 300,000 | 309,311 | |||
Takeda Pharmaceutical Co. Ltd.: | ||||||
1.38%, 7/9/2032 | EUR | 200,000 | 180,159 | |||
2.00%, 7/9/2040 (b) | EUR | 200,000 | 162,700 | |||
3.00%, 11/21/2030 | EUR | 400,000 | 412,852 | |||
3,331,626 | ||||||
MEXICO — 0.1% | ||||||
America Movil SAB de CV 4.38%, 8/7/2041 | GBP | 100,000 | 109,922 | |||
NETHERLANDS — 6.4% | ||||||
ABN AMRO Bank NV: | ||||||
Series EMTN, 0.50%, 9/23/2029 | EUR | 400,000 | 364,183 | |||
0.60%, 1/15/2027 | EUR | 100,000 | 99,410 |
Security Description | Principal Amount | Value | |||
Series EMTN, 1.25%, 1/20/2034 | EUR | 100,000 | $85,965 | ||
Series EMTN, 3.88%, 12/21/2026 | EUR | 200,000 | 216,788 | ||
Series EMTN, 4.00%, 1/16/2028 | EUR | 100,000 | 108,425 | ||
Series EMTN, 4.25%, 2/21/2030 | EUR | 300,000 | 329,434 | ||
4.38%, 10/20/2028 | EUR | 200,000 | 219,919 | ||
4.50%, 11/21/2034 | EUR | 100,000 | 112,664 | ||
Series EMTN, 5.25%, 5/26/2026 | GBP | 200,000 | 253,315 | ||
ASML Holding NV: | |||||
1.38%, 7/7/2026 | EUR | 200,000 | 206,543 | ||
Series EMTN, 3.50%, 12/6/2025 | EUR | 150,000 | 160,737 | ||
Cooperatieve Rabobank UA: | |||||
Series GMTN, 1.13%, 5/7/2031 | EUR | 300,000 | 274,201 | ||
Series GMTN, 1.25%, 3/23/2026 | EUR | 240,000 | 248,222 | ||
Series GMTN, 1.38%, 2/3/2027 (b) | EUR | 200,000 | 206,170 | ||
Series EMTN, 4.00%, 1/10/2030 | EUR | 200,000 | 218,928 | ||
4.13%, 7/14/2025 | EUR | 450,000 | 484,940 | ||
Series GMTN, 3 mo. EUR EURIBOR - 0.52%, 0.38%, 12/1/2027 (a) | EUR | 100,000 | 99,098 | ||
Series GMTN, 3 mo. EUR EURIBOR - 1.18%, 0.88%, 5/5/2028 (a) (b) | EUR | 200,000 | 198,769 | ||
Series GMTN, 3 mo. EUR EURIBOR + 1.15%, 4.23%, 4/25/2029 (a) | EUR | 200,000 | 218,786 | ||
Series GMTN, 3 mo. EUR EURIBOR + 1.55%, 4.63%, 1/27/2028 (a) | EUR | 200,000 | 219,512 | ||
Heineken NV Series EMTN, 1.00%, 5/4/2026 | EUR | 100,000 | 102,458 | ||
ING Groep NV: | |||||
Series EMTN, 2.13%, 1/10/2026 | EUR | 200,000 | 209,661 | ||
Series EMTN, 2.50%, 11/15/2030 | EUR | 100,000 | 100,313 | ||
Series EMTN, 3.00%, 2/18/2026 | GBP | 200,000 | 244,390 | ||
3 mo. EUR EURIBOR - 0.68%, 0.25%, 2/18/2029 (a) | EUR | 300,000 | 283,130 | ||
3 mo. EUR EURIBOR - 0.70%, 0.25%, 2/1/2030 (a) | EUR | 500,000 | 456,935 | ||
3 mo. EUR EURIBOR - 0.70%, 0.38%, 9/29/2028 (a) | EUR | 400,000 | 385,573 |
Security Description | Principal Amount | Value | ||||
Series GMTN, 3 mo. EUR EURIBOR + 0.85%, 1.25%, 2/16/2027 (a) | EUR | 300,000 | $308,925 | |||
3 mo. EUR EURIBOR + 1.15%, 1.75%, 2/16/2031 (a) | EUR | 400,000 | 383,370 | |||
3 mo. EUR EURIBOR + 1.60%, 4.50%, 5/23/2029 (a) | EUR | 300,000 | 329,317 | |||
Series EMTN, 3 mo. EUR EURIBOR + 1.85%, 4.88%, 11/14/2027 (a) | EUR | 200,000 | 219,565 | |||
3 mo. EUR EURIBOR + 1.90%, 4.75%, 5/23/2034 (a) | EUR | 200,000 | 226,810 | |||
3 mo. EUR EURIBOR + 2.15%, 5.25%, 11/14/2033 (a) | EUR | 100,000 | 117,049 | |||
Series EMTN, Sterling Overnight Index Average + 0.91%, 1.13%, 12/7/2028 (a) | GBP | 100,000 | 110,952 | |||
Koninklijke KPN NV Series GMTN, 3.88%, 2/16/2036 | EUR | 200,000 | 211,691 | |||
LeasePlan Corp. NV: | ||||||
Series EMTN, 0.25%, 2/23/2026 | EUR | 250,000 | 253,526 | |||
Series EMTN, 0.25%, 9/7/2026 | EUR | 100,000 | 99,774 | |||
Shell International Finance BV: | ||||||
Series EMTN, 0.13%, 11/8/2027 | EUR | 300,000 | 290,817 | |||
Series EMTN, 0.50%, 11/8/2031 | EUR | 100,000 | 87,242 | |||
Series EMTN, 0.75%, 8/15/2028 | EUR | 100,000 | 96,624 | |||
Series EMTN, 1.25%, 5/12/2028 | EUR | 100,000 | 98,946 | |||
Series EMTN, 1.25%, 11/11/2032 | EUR | 300,000 | 269,556 | |||
Series EMTN, 1.50%, 4/7/2028 | EUR | 250,000 | 250,260 | |||
Series EMTN, 1.88%, 9/15/2025 | EUR | 100,000 | 105,188 | |||
Series EMTN, 1.88%, 4/7/2032 | EUR | 200,000 | 190,969 | |||
Series EMTN, 2.50%, 3/24/2026 | EUR | 100,000 | 105,680 | |||
9,864,730 | ||||||
NORWAY — 0.9% | ||||||
DNB Bank ASA: | ||||||
Series EMTN, 1 yr. U.K. Government Bond + 2.15%, 4.00%, 8/17/2027 (a) | GBP | 100,000 | 122,995 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 3 mo. EUR EURIBOR - 0.53%, 0.25%, 2/23/2029 (a) | EUR | 200,000 | $189,424 | |||
Series EMTN, 3 mo. EUR EURIBOR + 0.32%, 0.38%, 1/18/2028 (a) | EUR | 100,000 | 98,913 | |||
Series EMTN, 3 mo. EUR EURIBOR + 0.63%, 3.63%, 2/16/2027 (a) | EUR | 100,000 | 106,968 | |||
Series EMTN, 3 mo. EUR EURIBOR + 0.65%, 4.00%, 3/14/2029 (a) | EUR | 200,000 | 217,386 | |||
Series EMTN, 3 mo. EUR EURIBOR + 0.77%, 3.13%, 9/21/2027 (a) | EUR | 200,000 | 212,057 | |||
Series EMTN, 3 mo. EUR EURIBOR + 1.00%, 4.50%, 7/19/2028 (a) | EUR | 200,000 | 219,468 | |||
SpareBank 1 SR-Bank ASA Series EMTN, 3.75%, 11/23/2027 | EUR | 200,000 | 215,792 | |||
1,383,003 | ||||||
PORTUGAL — 0.1% | ||||||
EDP Finance BV Series EMTN, 1.88%, 9/21/2029 | EUR | 200,000 | 196,668 | |||
SPAIN — 6.6% | ||||||
Abertis Infraestructuras SA Series EMTN, 3.00%, 3/27/2031 | EUR | 200,000 | 204,383 | |||
Banco Bilbao Vizcaya Argentaria SA: | ||||||
Series GMTN, 0.38%, 11/15/2026 | EUR | 100,000 | 99,628 | |||
Series GMTN, 0.50%, 1/14/2027 | EUR | 200,000 | 198,321 | |||
1.00%, 6/21/2026 | EUR | 200,000 | 203,997 | |||
Series GMTN, 1.75%, 11/26/2025 | EUR | 200,000 | 208,738 | |||
Series GMTN, 3.38%, 9/20/2027 | EUR | 300,000 | 321,083 | |||
Series EMTN, 3.88%, 1/15/2034 | EUR | 100,000 | 107,756 | |||
Series GMTN, 4.38%, 10/14/2029 | EUR | 200,000 | 223,057 | |||
Series GMTN, 3 mo. EUR EURIBOR - 0.52%, 0.13%, 3/24/2027 (a) | EUR | 200,000 | 201,901 | |||
3 mo. EUR EURIBOR + 0.82%, 0.88%, 1/14/2029 (a) | EUR | 200,000 | 194,348 | |||
3 mo. EUR EURIBOR + 1.70%, 4.63%, 1/13/2031 (a) (b) | EUR | 200,000 | 221,382 | |||
Banco Santander SA: | ||||||
Series EMTN, 0.20%, 2/11/2028 | EUR | 100,000 | 95,225 |
Security Description | Principal Amount | Value | |||
Series EMTN, 0.30%, 10/4/2026 | EUR | 100,000 | $99,843 | ||
Series EMTN, 0.50%, 2/4/2027 | EUR | 200,000 | 198,543 | ||
Series EMTN, 1.13%, 6/23/2027 | EUR | 200,000 | 200,246 | ||
Series EMTN, 1.38%, 1/5/2026 | EUR | 100,000 | 103,664 | ||
Series EMTN, 3.75%, 1/16/2026 | EUR | 300,000 | 322,062 | ||
Series EMTN, 3.75%, 1/9/2034 | EUR | 100,000 | 107,130 | ||
Series EMTN, 3.88%, 1/16/2028 (b) | EUR | 300,000 | 325,693 | ||
Series EMTN, 4.25%, 6/12/2030 | EUR | 100,000 | 111,158 | ||
Series EMTN, 4.88%, 10/18/2031 | EUR | 500,000 | 566,024 | ||
Series EMTN, 1 yr. EUR Swap - 0.78%, 0.63%, 6/24/2029 (a) | EUR | 400,000 | 380,678 | ||
Series EMTN, 1 yr. EUR Swap + 1.05%, 3.63%, 9/27/2026 (a) | EUR | 300,000 | 321,011 | ||
Series EMTN, 1 yr. EUR Swap + 1.25%, 4.63%, 10/18/2027 (a) | EUR | 100,000 | 109,081 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.85%, 0.50%, 3/24/2027 (a) | EUR | 300,000 | 304,147 | ||
CaixaBank SA: | |||||
Series EMTN, 1.13%, 3/27/2026 | EUR | 100,000 | 102,804 | ||
Series EMTN, 1.38%, 6/19/2026 | EUR | 100,000 | 102,642 | ||
Series EMTN, 4.25%, 9/6/2030 | EUR | 300,000 | 332,281 | ||
Series EMTN, 4.38%, 11/29/2033 | EUR | 100,000 | 111,679 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.85%, 0.38%, 11/18/2026 (a) | EUR | 300,000 | 306,647 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.90%, 0.50%, 2/9/2029 (a) | EUR | 200,000 | 190,685 | ||
Series EMTN, 3 mo. EUR EURIBOR - 1.00%, 0.75%, 5/26/2028 (a) | EUR | 100,000 | 98,847 | ||
Series EMTN, 3 mo. EUR EURIBOR - 1.17%, 0.75%, 7/10/2026 (a) | EUR | 100,000 | 103,932 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.62%, 0.63%, 1/21/2028 (a) | EUR | 200,000 | 199,462 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.65%, 5.00%, 7/19/2029 (a) | EUR | 100,000 | 111,557 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 3 mo. EUR EURIBOR + 2.40%, 5.38%, 11/14/2030 (a) | EUR | 400,000 | $458,341 | |||
Cellnex Finance Co. SA: | ||||||
Series EMTN, 1.00%, 9/15/2027 | EUR | 100,000 | 98,425 | |||
Series EMTN, 2.00%, 2/15/2033 | EUR | 300,000 | 272,550 | |||
Series EMTN, 2.25%, 4/12/2026 | EUR | 100,000 | 104,567 | |||
Cellnex Telecom SA Series EMTN, 1.75%, 10/23/2030 | EUR | 200,000 | 187,950 | |||
Iberdrola Finanzas SA Series EMTN, 1.38%, 3/11/2032 | EUR | 200,000 | 185,740 | |||
Iberdrola International BV Series EMTN, 1.13%, 4/21/2026 | EUR | 100,000 | 103,214 | |||
Naturgy Finance Iberia SA: | ||||||
Series EMTN, 1.25%, 1/15/2026 | EUR | 200,000 | 206,558 | |||
Series EMTN, 1.38%, 1/19/2027 | EUR | 100,000 | 101,623 | |||
Santander Consumer Finance SA Series EMTN, 3.75%, 1/17/2029 | EUR | 100,000 | 107,609 | |||
Telefonica Emisiones SA: | ||||||
Series EMTN, 0.66%, 2/3/2030 | EUR | 100,000 | 92,130 | |||
Series EMTN, 1.20%, 8/21/2027 | EUR | 200,000 | 200,068 | |||
Series EMTN, 1.45%, 1/22/2027 | EUR | 200,000 | 203,809 | |||
Series EMTN, 1.72%, 1/12/2028 (b) | EUR | 400,000 | 404,566 | |||
Series EMTN, 1.79%, 3/12/2029 | EUR | 100,000 | 99,607 | |||
Series EMTN, 2.59%, 5/25/2031 (b) | EUR | 300,000 | 302,305 | |||
10,218,697 | ||||||
SWEDEN — 1.9% | ||||||
Skandinaviska Enskilda Banken AB: | ||||||
Series GMTN, 0.38%, 6/21/2028 | EUR | 200,000 | 189,073 | |||
Series GMTN, 1.75%, 11/11/2026 | EUR | 400,000 | 412,638 | |||
Series GMTN, 3.25%, 11/24/2025 (b) | EUR | 200,000 | 213,313 | |||
Series GMTN, 3.75%, 2/7/2028 | EUR | 250,000 | 269,226 | |||
Series EMTN, 3.88%, 5/9/2028 (b) | EUR | 150,000 | 163,320 | |||
4.00%, 11/9/2026 | EUR | 100,000 | 107,866 |
Security Description | Principal Amount | Value | ||||
Svenska Handelsbanken AB: | ||||||
Series EMTN, 0.05%, 9/6/2028 | EUR | 200,000 | $187,521 | |||
Series EMTN, 0.13%, 11/3/2026 | EUR | 200,000 | 198,478 | |||
0.50%, 2/18/2030 | EUR | 200,000 | 181,766 | |||
3.38%, 2/17/2028 | EUR | 200,000 | 214,490 | |||
Swedbank AB: | ||||||
Series EMTN, 2.10%, 5/25/2027 (b) | EUR | 300,000 | 310,377 | |||
Series EMTN, 3.75%, 11/14/2025 | EUR | 200,000 | 214,503 | |||
Series GMTN, 4.13%, 11/13/2028 | EUR | 100,000 | 109,958 | |||
1 yr. EUR Swap - 0.57%, 0.30%, 5/20/2027 (a) | EUR | 200,000 | 201,640 | |||
2,974,169 | ||||||
SWITZERLAND — 3.9% | ||||||
Holcim Finance Luxembourg SA: | ||||||
Series EMTN, 0.50%, 9/3/2030 | EUR | 200,000 | 175,989 | |||
Series EMTN, 2.25%, 5/26/2028 | EUR | 100,000 | 102,358 | |||
Novartis Finance SA Zero Coupon, 9/23/2028 | EUR | 300,000 | 281,785 | |||
Richemont International Holding SA: | ||||||
1.00%, 3/26/2026 | EUR | 100,000 | 102,822 | |||
1.50%, 3/26/2030 | EUR | 300,000 | 292,319 | |||
2.00%, 3/26/2038 | EUR | 100,000 | 89,146 | |||
Sika Capital BV 3.75%, 11/3/2026 | EUR | 200,000 | 215,319 | |||
UBS AG: | ||||||
Series EMTN, 0.01%, 3/31/2026 | EUR | 300,000 | 302,509 | |||
Series EMTN, 0.25%, 1/5/2026 | EUR | 100,000 | 101,804 | |||
Series EMTN, 0.50%, 3/31/2031 | EUR | 200,000 | 174,505 | |||
Series EMTN, 1.13%, 12/15/2025 | GBP | 100,000 | 119,027 | |||
Series EMTN, 1.50%, 4/10/2026 | EUR | 200,000 | 206,447 | |||
UBS Group AG: | ||||||
Series EMTN, 0.63%, 1/18/2033 | EUR | 263,000 | 214,975 | |||
0.63%, 2/24/2033 | EUR | 300,000 | 244,945 | |||
0.88%, 11/3/2031 | EUR | 400,000 | 348,759 | |||
Series EMTN, 1.25%, 9/1/2026 | EUR | 300,000 | 305,529 | |||
1 yr. EUR Swap - 0.48%, 0.25%, 11/3/2026 (a) | EUR | 200,000 | 203,933 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 1 yr. EUR Swap - 0.77%, 0.25%, 11/5/2028 (a) | EUR | 350,000 | $334,936 | |||
1 yr. EUR Swap + 1.60%, 2.13%, 10/13/2026 (a) | EUR | 100,000 | 104,712 | |||
1 yr. EUR Swap + 1.95%, 2.88%, 4/2/2032 (a) | EUR | 100,000 | 100,214 | |||
Series EMTN, 1 yr. EURIBOR ICE Swap - 1.05%, 1.00%, 6/24/2027 (a) | EUR | 350,000 | 354,802 | |||
Series EMTN, 1 yr. EURIBOR ICE Swap + 1.15%, 2.75%, 6/15/2027 (a) | EUR | 200,000 | 209,807 | |||
Series EMTN, 1 yr. EURIBOR ICE Swap + 1.35%, 3.13%, 6/15/2030 (a) | EUR | 200,000 | 207,717 | |||
Series EMTN, 1 yr. EURIBOR ICE Swap + 1.55%, 4.38%, 1/11/2031 (a) | EUR | 200,000 | 219,104 | |||
1 yr. EURIBOR ICE Swap + 4.95%, 7.75%, 3/1/2029 (a) | EUR | 400,000 | 484,234 | |||
Series EMTN, 1 yr. U.K. Government Bond + 2.23%, 2.25%, 6/9/2028 (a) | GBP | 200,000 | 230,450 | |||
1 yr. U.K. Government Bond + 4.20%, 7.00%, 9/30/2027 (a) | GBP | 100,000 | 130,009 | |||
Series EMTN, 1 yr. EURIBOR ICE Swap - 0.77%, 0.65%, 1/14/2028 (a) | EUR | 250,000 | 247,815 | |||
6,105,971 | ||||||
UNITED KINGDOM — 9.2% | ||||||
Barclays PLC: | ||||||
Series EMTN, 3.25%, 2/12/2027 | GBP | 200,000 | 239,188 | |||
1 yr. EUR Swap - 1.26%, 0.58%, 8/9/2029 (a) | EUR | 300,000 | 281,646 | |||
Series EMTN, 1 yr. EUR Swap + 1.75%, 4.92%, 8/8/2030 (a) | EUR | 150,000 | 167,272 | |||
Series EMTN, 1 yr. EUR Swap + 2.55%, 5.26%, 1/29/2034 (a) | EUR | 400,000 | 457,938 | |||
1 yr. EURIBOR ICE Swap + 0.85%, 0.88%, 1/28/2028 (a) | EUR | 350,000 | 348,843 | |||
1 yr. EURIBOR ICE Swap + 2.05%, 4.51%, 1/31/2033 (a) | EUR | 200,000 | 218,432 |
Security Description | Principal Amount | Value | |||
Series EMTN, 1 yr. U.K. Government Bond + 2.80%, 6.37%, 1/31/2031 (a) | GBP | 250,000 | $325,587 | ||
1 yr. EUR Swap + 1.00%, 1.11%, 5/12/2032 (a) | EUR | 200,000 | 176,896 | ||
BAT International Finance PLC Series EMTN, 2.25%, 1/16/2030 | EUR | 300,000 | 292,938 | ||
BG Energy Capital PLC Series EMTN, 5.13%, 12/1/2025 | GBP | 200,000 | 251,950 | ||
BP Capital Markets PLC: | |||||
Series EMTN, 1.23%, 5/8/2031 | EUR | 200,000 | 183,173 | ||
Series EMTN, 2.52%, 4/7/2028 | EUR | 200,000 | 207,220 | ||
2.82%, 4/7/2032 | EUR | 100,000 | 100,877 | ||
British Telecommunications PLC: | |||||
Series EMTN, 1.50%, 6/23/2027 | EUR | 250,000 | 252,915 | ||
Series EMTN, 1.75%, 3/10/2026 | EUR | 100,000 | 104,003 | ||
Cadent Finance PLC: | |||||
Series EMTN, 2.63%, 9/22/2038 | GBP | 100,000 | 87,529 | ||
Series EMTN, 2.75%, 9/22/2046 | GBP | 200,000 | 152,582 | ||
CCEP Finance Ireland DAC 0.88%, 5/6/2033 | EUR | 200,000 | 170,112 | ||
CK Hutchison Group Telecom Finance SA 0.75%, 4/17/2026 | EUR | 300,000 | 304,734 | ||
Connect Plus M25 Issuer PLC 2.61%, 3/31/2039 | GBP | 84,408 | 88,166 | ||
Diageo Finance PLC Series EMTN, 2.50%, 3/27/2032 | EUR | 200,000 | 201,408 | ||
easyJet FinCo BV Series EMTN, 1.88%, 3/3/2028 | EUR | 200,000 | 200,273 | ||
GlaxoSmithKline Capital PLC: | |||||
Series EMTN, 1.25%, 5/21/2026 | EUR | 100,000 | 102,802 | ||
Series EMTN, 1.25%, 10/12/2028 | GBP | 100,000 | 110,728 | ||
Series EMTN, 1.63%, 5/12/2035 | GBP | 100,000 | 91,086 | ||
Heathrow Funding Ltd.: | |||||
Series EMTN, 4.63%, 10/31/2048 | GBP | 100,000 | 107,642 | ||
Series EMTN, 5.88%, 5/13/2043 | GBP | 200,000 | 254,891 | ||
Series EMTN, 6.75%, 12/3/2028 | GBP | 100,000 | 130,395 |
Security Description | Principal Amount | Value | |||
HSBC Holdings PLC: | |||||
Series EMTN, 2.50%, 3/15/2027 | EUR | 300,000 | $312,735 | ||
1 yr. GBP SONIA Linked ICE Swap + 1.32%, 2.26%, 11/13/2026 (a) | GBP | 100,000 | 120,826 | ||
1 yr. GBP Swap + 1.65%, 3.00%, 7/22/2028 (a) (b) | GBP | 300,000 | 353,689 | ||
1 yr. GBP Swap + 1.77%, 3.00%, 5/29/2030 (a) | GBP | 100,000 | 113,759 | ||
3 mo. EUR EURIBOR - 0.78%, 0.64%, 9/24/2029 (a) | EUR | 100,000 | 94,192 | ||
3 mo. EUR EURIBOR - 0.82%, 0.31%, 11/13/2026 (a) | EUR | 100,000 | 102,237 | ||
3 mo. EUR EURIBOR - 1.03%, 0.77%, 11/13/2031 (a) (b) | EUR | 200,000 | 178,744 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.29%, 4.75%, 3/10/2028 (a) | EUR | 200,000 | 219,531 | ||
3 mo. EUR EURIBOR + 1.45%, 3.02%, 6/15/2027 (a) | EUR | 200,000 | 211,123 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.55%, 4.79%, 3/10/2032 (a) | EUR | 400,000 | 449,017 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.94%, 4.86%, 5/23/2033 (a) | EUR | 110,000 | 124,308 | ||
Sterling Overnight Index Average + 1.31%, 1.75%, 7/24/2027 (a) | GBP | 100,000 | 117,450 | ||
Sterling Overnight Index Average + 2.12%, 6.80%, 9/14/2031 (a) | GBP | 100,000 | 135,048 | ||
Imperial Brands Finance Netherlands BV: | |||||
Series EMTN, 1.75%, 3/18/2033 | EUR | 300,000 | 259,860 | ||
Series EMTN, 5.25%, 2/15/2031 | EUR | 100,000 | 112,454 | ||
Lloyds Bank PLC Series EMTN, 6.50%, 9/17/2040 | GBP | 140,000 | 198,534 | ||
Lloyds Banking Group PLC: | |||||
Series EMTN, 1 yr. EUR Swap + 1.50%, 3.13%, 8/24/2030 (a) | EUR | 450,000 | 465,526 | ||
Series EMTN, 1 yr. EUR Swap + 1.60%, 4.75%, 9/21/2031 (a) | EUR | 100,000 | 111,749 | ||
Series EMTN, 1 yr. EURIBOR ICE Swap + 1.18%, 3.88%, 5/14/2032 (a) | EUR | 100,000 | 106,883 |
Security Description | Principal Amount | Value | |||
Motability Operations Group PLC Series EMTN, 3.88%, 1/24/2034 | EUR | 200,000 | $212,076 | ||
National Grid Electricity Distribution West Midlands PLC Series EMTN, 5.75%, 4/16/2032 | GBP | 100,000 | 128,995 | ||
National Grid PLC Series EMTN, 4.28%, 1/16/2035 | EUR | 200,000 | 217,357 | ||
Nationwide Building Society: | |||||
0.25%, 7/22/2025 | EUR | 200,000 | 206,847 | ||
Series EMTN, 4.50%, 11/1/2026 | EUR | 100,000 | 109,370 | ||
Series EMTN, 6.13%, 8/21/2028 | GBP | 100,000 | 130,860 | ||
NatWest Group PLC: | |||||
Series EMTN, 1 yr. GBP Swap + 1.49%, 2.88%, 9/19/2026 (a) | GBP | 300,000 | 366,778 | ||
Series EMTN, 1 yr. U.K. Government Bond + 2.10%, 3.62%, 3/29/2029 (a) | GBP | 100,000 | 118,561 | ||
3 mo. EUR EURIBOR - 0.89%, 0.67%, 9/14/2029 (a) | EUR | 200,000 | 188,315 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.95%, 0.78%, 2/26/2030 (a) | EUR | 300,000 | 279,421 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.91%, 4.07%, 9/6/2028 (a) | EUR | 100,000 | 108,237 | ||
NatWest Markets PLC: | |||||
Series EMTN, 0.13%, 11/12/2025 | EUR | 150,000 | 153,268 | ||
Series EMTN, 0.13%, 6/18/2026 | EUR | 100,000 | 100,349 | ||
Series EMTN, 1.38%, 3/2/2027 | EUR | 100,000 | 101,439 | ||
Santander U.K. Group Holdings PLC Series EMTN, 1 yr. GBP Swap + 2.87%, 7.10%, 11/16/2027 (a) | GBP | 100,000 | 130,035 | ||
Sky Ltd. Series EMTN, 2.50%, 9/15/2026 | EUR | 130,000 | 136,435 | ||
Standard Chartered PLC 1 yr. EUR Swap + 1.85%, 4.87%, 5/10/2031 (a) | EUR | 200,000 | 222,884 | ||
Thames Water Utilities Finance PLC Series EMTN, 4.38%, 1/18/2031 (b) | EUR | 200,000 | 184,152 | ||
THFC Funding No. 3 PLC Series EMTN, 5.20%, 10/11/2045 | GBP | 150,000 | 182,634 |
Security Description | Principal Amount | Value | ||||
Unilever Finance Netherlands BV 1.75%, 3/25/2030 | EUR | 200,000 | $197,978 | |||
University of Oxford 2.54%, 12/8/2117 | GBP | 140,000 | 92,661 | |||
Vodafone Group PLC: | ||||||
Series EMTN, 1.13%, 11/20/2025 | EUR | 150,000 | 155,734 | |||
Series EMTN, 1.63%, 11/24/2030 | EUR | 200,000 | 190,995 | |||
Series EMTN, 2.20%, 8/25/2026 | EUR | 428,000 | 448,229 | |||
Series EMTN, 3.00%, 8/12/2056 | GBP | 100,000 | 74,617 | |||
Series EMTN, 3.38%, 8/8/2049 | GBP | 200,000 | 170,190 | |||
Wellcome Trust Ltd.: | ||||||
1.50%, 7/14/2071 | GBP | 100,000 | 48,148 | |||
2.52%, 2/7/2118 | GBP | 100,000 | 65,044 | |||
Yorkshire Water Finance PLC Series EMTN, 2.75%, 4/18/2041 | GBP | 130,000 | 108,028 | |||
14,228,528 | ||||||
UNITED STATES — 24.3% | ||||||
Abbott Ireland Financing DAC 1.50%, 9/27/2026 | EUR | 150,000 | 154,524 | |||
Altria Group, Inc.: | ||||||
2.20%, 6/15/2027 | EUR | 200,000 | 205,687 | |||
3.13%, 6/15/2031 | EUR | 100,000 | 99,671 | |||
American Honda Finance Corp. 0.30%, 7/7/2028 | EUR | 150,000 | 142,078 | |||
American Medical Systems Europe BV 3.50%, 3/8/2032 | EUR | 100,000 | 105,599 | |||
Amgen, Inc. 4.00%, 9/13/2029 | GBP | 100,000 | 120,772 | |||
Apple, Inc.: | ||||||
Zero Coupon, 11/15/2025 (b) | EUR | 250,000 | 255,980 | |||
0.50%, 11/15/2031 | EUR | 200,000 | 178,621 | |||
1.38%, 5/24/2029 | EUR | 200,000 | 198,363 | |||
1.63%, 11/10/2026 | EUR | 140,000 | 144,394 | |||
2.00%, 9/17/2027 | EUR | 200,000 | 207,668 | |||
AT&T, Inc.: | ||||||
0.80%, 3/4/2030 | EUR | 160,000 | 147,460 | |||
1.60%, 5/19/2028 | EUR | 200,000 | 199,736 | |||
1.80%, 9/5/2026 | EUR | 100,000 | 103,389 | |||
2.35%, 9/5/2029 | EUR | 100,000 | 101,106 | |||
2.45%, 3/15/2035 | EUR | 200,000 | 187,642 | |||
2.90%, 12/4/2026 | GBP | 100,000 | 119,828 | |||
3.15%, 9/4/2036 | EUR | 203,000 | 199,442 | |||
3.50%, 12/17/2025 | EUR | 300,000 | 320,606 | |||
3.55%, 12/17/2032 | EUR | 250,000 | 264,367 | |||
3.95%, 4/30/2031 | EUR | 100,000 | 108,771 | |||
4.30%, 11/18/2034 | EUR | 250,000 | 277,316 | |||
4.38%, 9/14/2029 | GBP | 250,000 | 304,605 |
Security Description | Principal Amount | Value | |||
4.88%, 6/1/2044 | GBP | 150,000 | $167,302 | ||
Series EMTN, 7.00%, 4/30/2040 | GBP | 250,000 | 354,577 | ||
Bank of America Corp.: | |||||
Series EMTN, 1 yr. U.K. Government Bond + 1.10%, 1.67%, 6/2/2029 (a) | GBP | 150,000 | 166,156 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.76%, 0.58%, 8/24/2028 (a) | EUR | 150,000 | 146,140 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.79%, 0.69%, 3/22/2031 (a) | EUR | 500,000 | 451,425 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.94%, 0.65%, 10/26/2031 (a) | EUR | 300,000 | 265,476 | ||
Series EMTN, 3 mo. EUR EURIBOR - 3.67%, 3.65%, 3/31/2029 (a) | EUR | 380,000 | 406,810 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.91%, 1.95%, 10/27/2026 (a) | EUR | 200,000 | 209,301 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.95%, 1.10%, 5/24/2032 (a) | EUR | 450,000 | 404,447 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.20%, 1.78%, 5/4/2027 (a) | EUR | 350,000 | 362,880 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.20%, 2.82%, 4/27/2033 (a) | EUR | 200,000 | 199,526 | ||
Becton Dickinson & Co. 3.83%, 6/7/2032 | EUR | 100,000 | 107,694 | ||
Berkshire Hathaway Finance Corp.: | |||||
2.38%, 6/19/2039 | GBP | 200,000 | 177,185 | ||
2.63%, 6/19/2059 | GBP | 100,000 | 71,507 | ||
Berkshire Hathaway, Inc.: | |||||
1.13%, 3/16/2027 | EUR | 200,000 | 202,074 | ||
1.63%, 3/16/2035 | EUR | 150,000 | 131,910 | ||
Booking Holdings, Inc.: | |||||
1.80%, 3/3/2027 | EUR | 100,000 | 102,934 | ||
4.13%, 5/12/2033 | EUR | 300,000 | 331,181 | ||
4.50%, 11/15/2031 | EUR | 100,000 | 113,043 | ||
4.75%, 11/15/2034 | EUR | 100,000 | 115,311 | ||
BorgWarner, Inc. 1.00%, 5/19/2031 | EUR | 170,000 | 149,074 | ||
Celanese U.S. Holdings LLC 4.78%, 7/19/2026 | EUR | 100,000 | 108,621 | ||
Citigroup, Inc.: | |||||
Series EMTN, 1.25%, 4/10/2029 | EUR | 200,000 | 192,823 | ||
Series EMTN, 1.50%, 10/26/2028 | EUR | 100,000 | 98,661 |
Security Description | Principal Amount | Value | |||
Series EMTN, 3 mo. EUR EURIBOR - 0.96%, 0.50%, 10/8/2027 (a) | EUR | 250,000 | $249,886 | ||
Series EMTN, 3 mo. EUR EURIBOR - 1.66%, 1.25%, 7/6/2026 (a) | EUR | 300,000 | 313,487 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.07%, 1.50%, 7/24/2026 (a) | EUR | 250,000 | 261,546 | ||
3 mo. EUR EURIBOR + 1.25%, 3.71%, 9/22/2028 (a) | EUR | 100,000 | 107,527 | ||
3 mo. EUR EURIBOR + 1.60%, 4.11%, 9/22/2033 (a) | EUR | 256,000 | 278,605 | ||
Coca-Cola Co.: | |||||
0.13%, 3/15/2029 | EUR | 300,000 | 278,563 | ||
1.13%, 3/9/2027 | EUR | 100,000 | 101,433 | ||
1.63%, 3/9/2035 | EUR | 200,000 | 180,209 | ||
Comcast Corp.: | |||||
0.75%, 2/20/2032 | EUR | 200,000 | 174,765 | ||
1.88%, 2/20/2036 | GBP | 225,000 | 204,125 | ||
DH Europe Finance II SARL: | |||||
0.20%, 3/18/2026 | EUR | 200,000 | 202,651 | ||
0.45%, 3/18/2028 | EUR | 200,000 | 192,848 | ||
0.75%, 9/18/2031 | EUR | 350,000 | 310,849 | ||
1.35%, 9/18/2039 | EUR | 100,000 | 77,602 | ||
Digital Euro Finco LLC 2.50%, 1/16/2026 (b) | EUR | 300,000 | 314,058 | ||
Digital Intrepid Holding BV 0.63%, 7/15/2031 | EUR | 100,000 | 84,264 | ||
Dow Chemical Co. 0.50%, 3/15/2027 | EUR | 200,000 | 197,378 | ||
Eli Lilly & Co. 1.70%, 11/1/2049 | EUR | 100,000 | 74,125 | ||
Exxon Mobil Corp.: | |||||
0.52%, 6/26/2028 | EUR | 150,000 | 144,686 | ||
0.84%, 6/26/2032 | EUR | 150,000 | 130,887 | ||
1.41%, 6/26/2039 (b) | EUR | 200,000 | 153,451 | ||
FedEx Corp. 1.63%, 1/11/2027 | EUR | 100,000 | 102,384 | ||
Fidelity National Information Services, Inc.: | |||||
1.50%, 5/21/2027 | EUR | 100,000 | 101,116 | ||
2.00%, 5/21/2030 | EUR | 200,000 | 194,861 | ||
Ford Motor Credit Co. LLC 4.87%, 8/3/2027 | EUR | 200,000 | 219,776 | ||
Goldman Sachs Group, Inc.: | |||||
Series EMTN, 0.25%, 1/26/2028 | EUR | 130,000 | 124,736 | ||
Series EMTN, 0.75%, 3/23/2032 | EUR | 200,000 | 172,158 | ||
Series EMTN, 0.88%, 5/9/2029 | EUR | 250,000 | 235,398 | ||
Series EMTN, 1.00%, 3/18/2033 | EUR | 275,000 | 236,512 |
Security Description | Principal Amount | Value | |||
Series EMTN, 1.25%, 2/7/2029 | EUR | 350,000 | $337,667 | ||
Series EMTN, 1.50%, 12/7/2027 | GBP | 100,000 | 112,263 | ||
Series EMTN, 1.63%, 7/27/2026 | EUR | 300,000 | 309,532 | ||
Series EMTN, 2.00%, 11/1/2028 | EUR | 177,000 | 178,207 | ||
Series EMTN, 3.00%, 2/12/2031 | EUR | 17,000 | 17,562 | ||
Series EMTN, 3.13%, 7/25/2029 | GBP | 200,000 | 232,472 | ||
Series EMTN, 4.25%, 1/29/2026 | GBP | 150,000 | 186,931 | ||
Series EMTN, 1 yr. U.K. Government Bond + 1.95%, 3.63%, 10/29/2029 (a) | GBP | 100,000 | 118,648 | ||
Honeywell International, Inc. 4.13%, 11/2/2034 | EUR | 200,000 | 218,951 | ||
International Business Machines Corp.: | |||||
0.30%, 2/11/2028 | EUR | 100,000 | 96,188 | ||
0.65%, 2/11/2032 | EUR | 300,000 | 260,135 | ||
Series EMTN, 0.88%, 2/9/2030 | EUR | 100,000 | 93,457 | ||
1.25%, 1/29/2027 | EUR | 150,000 | 152,623 | ||
Series EMTN, 1.25%, 2/9/2034 | EUR | 200,000 | 174,155 | ||
1.75%, 1/31/2031 | EUR | 100,000 | 96,510 | ||
Series EMTN, 2.88%, 11/7/2025 | EUR | 300,000 | 318,466 | ||
3.38%, 2/6/2027 | EUR | 200,000 | 214,148 | ||
3.63%, 2/6/2031 | EUR | 100,000 | 107,966 | ||
3.75%, 2/6/2035 | EUR | 100,000 | 107,448 | ||
4.00%, 2/6/2043 | EUR | 200,000 | 212,255 | ||
4.88%, 2/6/2038 | GBP | 100,000 | 119,344 | ||
Johnson & Johnson: | |||||
1.65%, 5/20/2035 | EUR | 200,000 | 184,536 | ||
3.55%, 6/1/2044 | EUR | 150,000 | 159,600 | ||
JPMorgan Chase & Co.: | |||||
Series EMTN, 1.50%, 10/29/2026 | EUR | 200,000 | 205,467 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.65%, 0.39%, 2/24/2028 (a) | EUR | 350,000 | 345,087 | ||
Series EMTN, 3 mo. EUR EURIBOR - 0.65%, 0.60%, 2/17/2033 (a) | EUR | 300,000 | 256,326 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.76%, 1.09%, 3/11/2027 (a) | EUR | 400,000 | 410,577 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.84%, 1.64%, 5/18/2028 (a) | EUR | 400,000 | 406,251 |
Security Description | Principal Amount | Value | |||
Series EMTN, 3 mo. EUR EURIBOR + 0.85%, 1.00%, 7/25/2031 (a) | EUR | 100,000 | $91,834 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.87%, 1.05%, 11/4/2032 (a) | EUR | 400,000 | 357,382 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.95%, 1.81%, 6/12/2029 (a) | EUR | 300,000 | 300,353 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.13%, 1.96%, 3/23/2030 (a) | EUR | 350,000 | 347,098 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.28%, 4.46%, 11/13/2031 (a) | EUR | 200,000 | 222,965 | ||
Series EMTN, Sterling Overnight Index Average + 1.13%, 1.90%, 4/28/2033 (a) | GBP | 100,000 | 101,336 | ||
Kraft Heinz Foods Co. 2.25%, 5/25/2028 | EUR | 100,000 | 102,608 | ||
Medtronic Global Holdings SCA: | |||||
Zero Coupon, 10/15/2025 | EUR | 200,000 | 204,803 | ||
0.25%, 7/2/2025 | EUR | 100,000 | 103,654 | ||
0.38%, 10/15/2028 | EUR | 200,000 | 188,943 | ||
1.13%, 3/7/2027 | EUR | 300,000 | 303,160 | ||
1.38%, 10/15/2040 | EUR | 250,000 | 187,088 | ||
1.50%, 7/2/2039 | EUR | 350,000 | 274,268 | ||
1.63%, 3/7/2031 | EUR | 200,000 | 191,411 | ||
1.63%, 10/15/2050 | EUR | 150,000 | 101,394 | ||
1.75%, 7/2/2049 | EUR | 100,000 | 70,091 | ||
3.00%, 10/15/2028 | EUR | 100,000 | 105,535 | ||
3.13%, 10/15/2031 | EUR | 150,000 | 157,491 | ||
Merck & Co., Inc. 1.88%, 10/15/2026 | EUR | 100,000 | 103,498 | ||
Microsoft Corp. 3.13%, 12/6/2028 | EUR | 250,000 | 268,822 | ||
Morgan Stanley: | |||||
Series GMTN, 1.38%, 10/27/2026 | EUR | 100,000 | 102,629 | ||
Series GMTN, 1.88%, 4/27/2027 | EUR | 184,000 | 188,859 | ||
Series GMTN, 2.63%, 3/9/2027 | GBP | 100,000 | 118,154 | ||
3 mo. EUR EURIBOR - 0.70%, 0.41%, 10/29/2027 (a) | EUR | 100,000 | 99,512 | ||
3 mo. EUR EURIBOR - 0.72%, 0.50%, 2/7/2031 (a) | EUR | 200,000 | 178,661 | ||
3 mo. EUR EURIBOR - 0.87%, 0.50%, 10/26/2029 (a) | EUR | 500,000 | 468,239 |
Security Description | Principal Amount | Value | |||
Series GMTN, 3 mo. EUR EURIBOR + 0.83%, 1.10%, 4/29/2033 (a) | EUR | 400,000 | $349,565 | ||
Series EMTN, 3 mo. EUR EURIBOR + 0.83%, 1.34%, 10/23/2026 (a) | EUR | 350,000 | 363,901 | ||
3 mo. EUR EURIBOR + 1.04%, 3.79%, 3/21/2030 (a) | EUR | 100,000 | 107,241 | ||
Series EMTN, 3 mo. EUR EURIBOR + 1.24%, 3.96%, 3/21/2035 (a) | EUR | 100,000 | 106,509 | ||
Series GMTN, 3 mo. EUR EURIBOR + 1.25%, 2.95%, 5/7/2032 (a) | EUR | 200,000 | 202,552 | ||
3 mo. EUR EURIBOR + 1.30%, 4.66%, 3/2/2029 (a) | EUR | 323,000 | 356,929 | ||
3 mo. EUR EURIBOR + 1.76%, 4.81%, 10/25/2028 (a) | EUR | 100,000 | 111,033 | ||
Series GMTN, 3 mo. EUR EURIBOR + 1.95%, 5.15%, 1/25/2034 (a) | EUR | 300,000 | 348,637 | ||
Sterling Overnight Index Average + 2.25%, 5.79%, 11/18/2033 (a) | GBP | 200,000 | 260,106 | ||
Nestle Finance International Ltd.: | |||||
Series EMTN, 1.13%, 4/1/2026 | EUR | 300,000 | 310,124 | ||
Series EMTN, 1.50%, 4/1/2030 | EUR | 306,000 | 299,970 | ||
Netflix, Inc.: | |||||
3.63%, 5/15/2027 | EUR | 175,000 | 188,430 | ||
3.63%, 6/15/2030 | EUR | 200,000 | 213,730 | ||
4.63%, 5/15/2029 | EUR | 300,000 | 336,157 | ||
PepsiCo, Inc. 0.75%, 10/14/2033 | EUR | 200,000 | 170,346 | ||
Pfizer, Inc. 2.74%, 6/15/2043 | GBP | 200,000 | 176,128 | ||
Philip Morris International, Inc. Series EMTN, 2.88%, 3/3/2026 | EUR | 100,000 | 105,880 | ||
Sanofi SA: | |||||
Series 8FXD, 1.00%, 3/21/2026 | EUR | 100,000 | 102,993 | ||
Series 12FX, 1.38%, 3/21/2030 | EUR | 500,000 | 483,691 | ||
Series EMTN, 1.50%, 4/1/2030 | EUR | 200,000 | 194,680 | ||
Series EMTN, 1.75%, 9/10/2026 | EUR | 200,000 | 207,204 | ||
Series 20FX, 1.88%, 3/21/2038 | EUR | 100,000 | 88,533 | ||
Schlumberger Finance BV: | |||||
1.38%, 10/28/2026 | EUR | 100,000 | 102,253 | ||
2.00%, 5/6/2032 | EUR | 200,000 | 191,691 |
Security Description | Principal Amount | Value | |||
Stellantis NV: | |||||
Series EMTN, 0.63%, 3/30/2027 | EUR | 200,000 | $198,333 | ||
Series EMTN, 0.75%, 1/18/2029 | EUR | 400,000 | 377,320 | ||
Series EMTN, 1.25%, 6/20/2033 | EUR | 100,000 | 85,555 | ||
2.75%, 5/15/2026 | EUR | 200,000 | 211,098 | ||
Series EMTN, 2.75%, 4/1/2032 | EUR | 182,000 | 179,356 | ||
3.88%, 1/5/2026 | EUR | 100,000 | 107,399 | ||
Series EMTN, 4.38%, 3/14/2030 (b) | EUR | 300,000 | 330,585 | ||
Thermo Fisher Scientific Finance I BV: | |||||
0.80%, 10/18/2030 | EUR | 250,000 | 229,195 | ||
1.13%, 10/18/2033 | EUR | 250,000 | 218,217 | ||
1.63%, 10/18/2041 | EUR | 100,000 | 76,769 | ||
Thermo Fisher Scientific, Inc. Series EMTN, 1.88%, 10/1/2049 | EUR | 170,000 | 122,862 | ||
Toyota Motor Credit Corp.: | |||||
Series EMTN, 0.13%, 11/5/2027 | EUR | 100,000 | 96,334 | ||
Series EMTN, 4.05%, 9/13/2029 | EUR | 300,000 | 329,843 | ||
Upjohn Finance BV 1.91%, 6/23/2032 | EUR | 200,000 | 179,403 | ||
Verizon Communications, Inc.: | |||||
0.38%, 3/22/2029 | EUR | 100,000 | 93,076 | ||
0.75%, 3/22/2032 | EUR | 100,000 | 86,850 | ||
1.25%, 4/8/2030 | EUR | 200,000 | 189,207 | ||
1.30%, 5/18/2033 | EUR | 170,000 | 149,727 | ||
1.38%, 11/2/2028 | EUR | 100,000 | 98,614 | ||
2.63%, 12/1/2031 | EUR | 200,000 | 201,978 | ||
Series 20Y, 2.88%, 1/15/2038 | EUR | 250,000 | 238,908 | ||
3.38%, 10/27/2036 | GBP | 100,000 | 103,909 | ||
3.50%, 6/28/2032 | EUR | 150,000 | 159,126 | ||
Series EMTN, 3.75%, 2/28/2036 | EUR | 150,000 | 158,835 | ||
4.25%, 10/31/2030 | EUR | 100,000 | 110,997 | ||
4.75%, 10/31/2034 | EUR | 175,000 | 202,672 | ||
Visa, Inc. 1.50%, 6/15/2026 | EUR | 350,000 | 362,367 | ||
Walmart, Inc.: | |||||
4.88%, 9/21/2029 | EUR | 151,000 | 174,924 | ||
5.25%, 9/28/2035 | GBP | 78,000 | 102,469 | ||
5.63%, 3/27/2034 | GBP | 200,000 | 270,998 | ||
Wells Fargo & Co.: | |||||
Series EMTN, 0.63%, 3/25/2030 | EUR | 300,000 | 270,811 | ||
0.63%, 8/14/2030 | EUR | 100,000 | 89,315 | ||
Series EMTN, 1.00%, 2/2/2027 | EUR | 100,000 | 100,271 | ||
Series EMTN, 1.38%, 10/26/2026 | EUR | 200,000 | 203,432 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 1.50%, 5/24/2027 (b) | EUR | 200,000 | $202,054 | |||
Series EMTN, 2.00%, 7/28/2025 | GBP | 100,000 | 121,902 | |||
Series EMTN, 2.00%, 4/27/2026 | EUR | 300,000 | 312,194 | |||
4.63%, 11/2/2035 | GBP | 50,000 | 59,913 | |||
Series EMTN, 3 mo. EUR EURIBOR - 1.85%, 1.74%, 5/4/2030 (a) | EUR | 300,000 | 293,423 | |||
37,654,653 | ||||||
TOTAL CORPORATE BONDS & NOTES (Cost $165,071,287) | 152,450,059 |
Shares | |||
SHORT-TERM INVESTMENTS — 5.5% | |||
State Street Institutional U.S. Government Money Market Fund, Class G Shares 5.29% (d) (e) | 4,816 | 4,816 | |
State Street Navigator Securities Lending Portfolio II (f) (g) | 8,462,907 | 8,462,907 | |
TOTAL SHORT-TERM INVESTMENTS (Cost $8,467,723) | 8,467,723 | ||
TOTAL INVESTMENTS — 103.8% (Cost $173,539,010) | 160,917,782 | ||
LIABILITIES IN EXCESS OF OTHER ASSETS — (3.8)% | (5,846,696) | ||
NET ASSETS — 100.0% | $155,071,086 |
(a) | Variable Rate Security - Interest rate shown is rate in effect at June 30, 2024. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above. |
(b) | All or a portion of the shares of the security are on loan at June 30, 2024. |
(c) | Step-up bond - Coupon rate increases in increments to maturity. Rate shown as of June 30, 2024. Maturity date shown is the final maturity. |
(d) | The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended June 30, 2024 are shown in the Affiliate Table below. |
(e) | The rate shown is the annualized seven-day yield at June 30, 2024. |
(f) | The Fund invested in an affiliated entity. Amounts related to these investments during the period ended June 30, 2024 are shown in the Affiliate Table below. |
(g) | Investment of cash collateral for securities loaned. |
DMTN | Domestic Medium - Term Note |
EMTN | Euro Medium Term Note |
GMTN | Global Medium Term Note |
MTN | Medium Term Note |
SONIA | Sterling Overnight Index Average |
AUD | Australian Dollar |
EUR | Euro |
GBP | British Pound |
JPY | Japanese Yen |
Description | Level 1 – Quoted Prices | Level 2 – Other Significant Observable Inputs | Level 3 – Significant Unobservable Inputs | Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Corporate Bonds & Notes | $— | $152,450,059 | $— | $152,450,059 | ||||
Short-Term Investments | 8,467,723 | — | — | 8,467,723 | ||||
TOTAL INVESTMENTS | $8,467,723 | $152,450,059 | $— | $160,917,782 |
Number of Shares Held at 12/31/23 | Value at 12/31/23 | Cost of Purchases | Proceeds from Shares Sold | Realized Gain (Loss) | Change in Unrealized Appreciation/ Depreciation | Number of Shares Held at 6/30/24 | Value at 6/30/24 | Dividend Income | |||||||||
State Street Institutional U.S. Government Money Market Fund, Class G Shares | 1,708 | $1,708 | $2,203,438 | $2,200,330 | $— | $— | 4,816 | $4,816 | $1,248 | ||||||||
State Street Navigator Securities Lending Portfolio II | 8,990,962 | 8,990,962 | 27,241,659 | 27,769,714 | — | — | 8,462,907 | 8,462,907 | 12,411 | ||||||||
Total | $8,992,670 | $29,445,097 | $29,970,044 | $— | $— | $8,467,723 | $13,659 |
Security Description | Principal Amount | Value | ||||
FOREIGN GOVERNMENT OBLIGATIONS — 99.0% | ||||||
AUSTRALIA — 4.4% | ||||||
Australia Government Bonds: | ||||||
Series 161, 0.25%, 11/21/2025 | AUD | 1,614,000 | $1,019,889 | |||
Series 164, 0.50%, 9/21/2026 | AUD | 2,986,000 | 1,842,169 | |||
Series 160, 1.00%, 12/21/2030 | AUD | 3,163,000 | 1,737,011 | |||
Series 163, 1.00%, 11/21/2031 | AUD | 1,332,000 | 709,302 | |||
Series 158, 1.25%, 5/21/2032 | AUD | 2,896,000 | 1,548,535 | |||
Series 157, 1.50%, 6/21/2031 | AUD | 3,305,000 | 1,851,389 | |||
Series 165, 1.75%, 11/21/2032 | AUD | 1,098,000 | 603,624 | |||
Series 162, 1.75%, 6/21/2051 | AUD | 1,876,000 | 693,199 | |||
Series 149, 2.25%, 5/21/2028 | AUD | 2,723,000 | 1,700,888 | |||
Series 155, 2.50%, 5/21/2030 | AUD | 3,873,000 | 2,368,404 | |||
Series 148, 2.75%, 11/21/2027 | AUD | 2,904,000 | 1,858,773 | |||
Series 152, 2.75%, 11/21/2028 | AUD | 3,056,000 | 1,934,075 | |||
Series 154, 2.75%, 11/21/2029 | AUD | 3,254,000 | 2,032,492 | |||
Series 145, 2.75%, 6/21/2035 | AUD | 886,000 | 509,348 | |||
Series 156, 2.75%, 5/21/2041 | AUD | 941,000 | 493,897 | |||
Series 166, 3.00%, 11/21/2033 | AUD | 2,174,000 | 1,306,591 | |||
Series 150, 3.00%, 3/21/2047 | AUD | 1,691,000 | 866,579 | |||
Series 138, 3.25%, 4/21/2029 | AUD | 4,314,000 | 2,777,588 | |||
Series 147, 3.25%, 6/21/2039 | AUD | 1,647,000 | 951,016 | |||
Series 168, 3.50%, 12/21/2034 | AUD | 2,478,000 | 1,539,164 | |||
Series 167, 3.75%, 5/21/2034 | AUD | 2,951,000 | 1,881,374 | |||
3.75%, 4/21/2037 | AUD | 1,469,000 | 917,580 | |||
Series 142, 4.25%, 4/21/2026 | AUD | 3,405,000 | 2,277,047 | |||
Series 140, 4.50%, 4/21/2033 | AUD | 2,744,000 | 1,860,635 | |||
Series 136, 4.75%, 4/21/2027 | AUD | 3,538,000 | 2,403,954 | |||
37,684,523 |
Security Description | Principal Amount | Value | ||||
AUSTRIA — 2.7% | ||||||
Republic of Austria Government Bonds: | ||||||
Zero Coupon, 10/20/2028 (a) | EUR | 1,023,000 | $969,803 | |||
Zero Coupon, 2/20/2030 (a) | EUR | 1,171,000 | 1,067,260 | |||
Zero Coupon, 2/20/2031 (a) | EUR | 1,167,000 | 1,030,969 | |||
Zero Coupon, 10/20/2040 (a) | EUR | 604,000 | 385,205 | |||
0.25%, 10/20/2036 (a) | EUR | 531,000 | 401,750 | |||
0.50%, 4/20/2027 (a) | EUR | 1,337,000 | 1,338,959 | |||
0.50%, 2/20/2029 (a) | EUR | 1,337,000 | 1,286,347 | |||
0.70%, 4/20/2071 (a) | EUR | 299,000 | 138,179 | |||
0.75%, 10/20/2026 (a) | EUR | 1,473,000 | 1,500,910 | |||
0.75%, 2/20/2028 (a) | EUR | 938,000 | 931,290 | |||
0.75%, 3/20/2051 (a) | EUR | 495,000 | 297,449 | |||
0.85%, 6/30/2120 (a) | EUR | 400,000 | 188,161 | |||
0.90%, 2/20/2032 (a) | EUR | 1,034,000 | 953,376 | |||
1.20%, 10/20/2025 (a) | EUR | 342,000 | 357,210 | |||
1.50%, 2/20/2047 (a) | EUR | 452,000 | 348,255 | |||
1.50%, 11/2/2086 (a) | EUR | 317,000 | 195,900 | |||
1.85%, 5/23/2049 (a) | EUR | 400,000 | 325,903 | |||
2.00%, 7/15/2026 (a) | EUR | 489,000 | 513,194 | |||
2.10%, 9/20/2117 (a) | EUR | 671,000 | 522,861 | |||
2.40%, 5/23/2034 (a) | EUR | 929,000 | 941,692 | |||
2.90%, 5/23/2029 (a) | EUR | 700,000 | 751,996 | |||
2.90%, 2/20/2033 (a) | EUR | 1,492,000 | 1,583,895 | |||
2.90%, 2/20/2034 (a) | EUR | 525,000 | 555,712 | |||
3.15%, 6/20/2044 (a) | EUR | 1,056,000 | 1,111,566 | |||
3.15%, 10/20/2053 (a) | EUR | 120,000 | 124,732 | |||
3.45%, 10/20/2030 (a) | EUR | 225,000 | 247,127 | |||
3.80%, 1/26/2062 (a) | EUR | 665,000 | 791,162 | |||
4.15%, 3/15/2037 (a) | EUR | 1,843,000 | 2,171,432 | |||
4.85%, 3/15/2026 (a) | EUR | 946,000 | 1,041,667 | |||
6.25%, 7/15/2027 | EUR | 1,098,000 | 1,286,169 | |||
23,360,131 | ||||||
BELGIUM — 3.8% | ||||||
Kingdom of Belgium Government Bonds: | ||||||
Series 91, Zero Coupon, 10/22/2027 (a) | EUR | 984,000 | 961,059 | |||
Series 92, Zero Coupon, 10/22/2031 (a) | EUR | 1,149,000 | 995,869 | |||
Series 89, 0.10%, 6/22/2030 (a) | EUR | 737,200 | 671,501 | |||
Series 93, 0.65%, 6/22/2071 (a) | EUR | 536,000 | 232,251 | |||
Series 81, 0.80%, 6/22/2027 (a) | EUR | 988,000 | 997,897 | |||
Series 85, 0.80%, 6/22/2028 (a) | EUR | 1,525,000 | 1,512,026 |
Security Description | Principal Amount | Value | ||||
Series 87, 0.90%, 6/22/2029 (a) | EUR | 1,952,000 | $1,907,709 | |||
Series 77, 1.00%, 6/22/2026 (a) | EUR | 1,064,000 | 1,097,192 | |||
Series 75, 1.00%, 6/22/2031 (a) | EUR | 1,642,000 | 1,548,508 | |||
Series 86, 1.25%, 4/22/2033 (a) | EUR | 747,000 | 693,546 | |||
Series 95, 1.40%, 6/22/2053 (a) | EUR | 973,000 | 637,995 | |||
Series 84, 1.45%, 6/22/2037 (a) | EUR | 625,000 | 540,196 | |||
Series 78, 1.60%, 6/22/2047 (a) | EUR | 633,000 | 475,737 | |||
Series 88, 1.70%, 6/22/2050 (a) | EUR | 1,194,000 | 880,304 | |||
Series 76, 1.90%, 6/22/2038 (a) | EUR | 470,000 | 424,292 | |||
Series 80, 2.15%, 6/22/2066 (a) | EUR | 846,000 | 649,544 | |||
Series 83, 2.25%, 6/22/2057 (a) | EUR | 830,000 | 662,966 | |||
2.70%, 10/22/2029 (a) | EUR | 250,000 | 265,903 | |||
Series 96, 2.75%, 4/22/2039 (a) | EUR | 328,000 | 326,920 | |||
2.85%, 10/22/2034 (a) | EUR | 688,000 | 718,758 | |||
Series 97, 3.00%, 6/22/2033 (a) | EUR | 1,964,000 | 2,098,940 | |||
Series 73, 3.00%, 6/22/2034 (a) | EUR | 1,192,000 | 1,265,780 | |||
Series 98, 3.30%, 6/22/2054 (a) | EUR | 1,011,000 | 1,019,698 | |||
Series 99, 3.45%, 6/22/2043 (a) | EUR | 621,000 | 662,538 | |||
Series 71, 3.75%, 6/22/2045 | EUR | 1,093,000 | 1,215,071 | |||
Series 66, 4.00%, 3/28/2032 | EUR | 1,253,000 | 1,435,102 | |||
Series 60, 4.25%, 3/28/2041 (a) | EUR | 1,754,000 | 2,075,204 | |||
Series 64, 4.50%, 3/28/2026 (a) | EUR | 899,000 | 987,002 | |||
Series 44, 5.00%, 3/28/2035 (a) | EUR | 2,460,000 | 3,068,371 | |||
Series 31, 5.50%, 3/28/2028 | EUR | 2,277,000 | 2,666,501 | |||
32,694,380 | ||||||
CANADA — 4.6% | ||||||
Canada Government Bonds: | ||||||
0.25%, 3/1/2026 | CAD | 1,823,000 | 1,252,646 | |||
0.50%, 9/1/2025 | CAD | 2,495,000 | 1,747,056 | |||
0.50%, 12/1/2030 | CAD | 2,448,000 | 1,486,475 | |||
1.00%, 9/1/2026 | CAD | 1,362,000 | 937,171 | |||
1.00%, 6/1/2027 | CAD | 905,000 | 614,237 | |||
1.25%, 3/1/2027 | CAD | 1,072,000 | 735,111 |
Security Description | Principal Amount | Value | ||||
1.25%, 6/1/2030 | CAD | 2,981,000 | $1,922,732 | |||
1.50%, 6/1/2026 | CAD | 903,000 | 631,133 | |||
1.50%, 6/1/2031 | CAD | 2,722,000 | 1,747,801 | |||
1.50%, 12/1/2031 | CAD | 2,048,000 | 1,302,826 | |||
1.75%, 12/1/2053 | CAD | 2,049,000 | 1,038,389 | |||
2.00%, 6/1/2028 | CAD | 603,000 | 416,603 | |||
2.00%, 6/1/2032 | CAD | 1,598,000 | 1,047,041 | |||
2.00%, 12/1/2051 | CAD | 3,205,000 | 1,751,642 | |||
2.25%, 6/1/2029 | CAD | 979,000 | 678,314 | |||
2.25%, 12/1/2029 | CAD | 358,000 | 247,067 | |||
2.50%, 12/1/2032 | CAD | 1,408,000 | 954,057 | |||
2.75%, 9/1/2027 | CAD | 1,319,000 | 938,458 | |||
2.75%, 6/1/2033 | CAD | 1,163,000 | 801,032 | |||
2.75%, 12/1/2048 | CAD | 977,000 | 634,466 | |||
2.75%, 12/1/2055 | CAD | 1,071,000 | 685,390 | |||
2.75%, 12/1/2064 | CAD | 671,000 | 429,163 | |||
3.00%, 10/1/2025 | CAD | 660,000 | 475,127 | |||
3.00%, 4/1/2026 | CAD | 778,000 | 559,027 | |||
3.00%, 6/1/2034 | CAD | 850,000 | 595,152 | |||
3.25%, 8/24/2027 | CAD | 1,000,000 | 722,264 | |||
3.25%, 9/1/2028 | CAD | 1,720,000 | 1,242,797 | |||
3.25%, 12/1/2033 | CAD | 2,048,000 | 1,466,041 | |||
3.50%, 8/1/2025 | CAD | 2,090,000 | 1,513,961 | |||
3.50%, 3/1/2028 | CAD | 1,000,000 | 728,571 | |||
3.50%, 9/1/2029 | CAD | 500,000 | 365,404 | |||
3.50%, 3/1/2034 | CAD | 100,000 | 73,166 | |||
3.50%, 12/1/2045 | CAD | 1,497,000 | 1,101,064 | |||
4.00%, 5/1/2026 | CAD | 1,513,000 | 1,105,722 | |||
4.00%, 8/1/2026 | CAD | 750,000 | 549,311 | |||
4.00%, 3/1/2029 | CAD | 1,000,000 | 745,869 | |||
4.00%, 6/1/2041 | CAD | 1,560,000 | 1,214,152 | |||
4.50%, 11/1/2025 | CAD | 1,350,000 | 989,964 | |||
4.50%, 2/1/2026 | CAD | 1,150,000 | 845,236 | |||
5.00%, 6/1/2037 | CAD | 1,020,000 | 859,428 | |||
Series WL43, 5.75%, 6/1/2029 | CAD | 1,172,000 | 945,309 | |||
5.75%, 6/1/2033 | CAD | 1,356,000 | 1,159,569 | |||
Series VW17, 8.00%, 6/1/2027 | CAD | 370,000 | 302,852 | |||
39,558,796 | ||||||
CHILE — 0.3% | ||||||
Bonos de la Tesoreria de la Republica en pesos: | ||||||
Zero Coupon, 5/6/2027 | CLP | 500,000,000 | 450,172 | |||
4.70%, 9/1/2030 (a) | CLP | 330,000,000 | 326,106 | |||
5.00%, 10/1/2028 (a) | CLP | 195,000,000 | 199,829 | |||
5.00%, 3/1/2035 | CLP | 365,000,000 | 352,123 | |||
5.10%, 7/15/2050 | CLP | 240,000,000 | 220,111 | |||
5.30%, 11/1/2037 (a) | CLP | 140,000,000 | 136,567 | |||
5.80%, 10/1/2034 (a) | CLP | 95,000,000 | 97,553 | |||
6.00%, 4/1/2033 (a) | CLP | 315,000,000 | 330,533 | |||
Series 30YR, 6.00%, 1/1/2043 | CLP | 330,000,000 | 345,998 | |||
7.00%, 5/1/2034 (a) | CLP | 275,000,000 | 308,998 | |||
2,767,990 |
Security Description | Principal Amount | Value | ||||
CHINA — 4.6% | ||||||
China Government Bonds: | ||||||
1.85%, 5/15/2027 | CNY | 4,750,000 | $653,871 | |||
1.99%, 3/15/2026 | CNY | 6,500,000 | 899,268 | |||
2.04%, 2/25/2027 | CNY | 4,220,000 | 584,035 | |||
2.18%, 8/25/2025 | CNY | 3,250,000 | 450,139 | |||
2.18%, 8/15/2026 | CNY | 7,000,000 | 971,644 | |||
2.22%, 9/25/2025 | CNY | 10,850,000 | 1,504,269 | |||
2.27%, 5/25/2034 | CNY | 2,000,000 | 276,470 | |||
2.28%, 11/25/2025 | CNY | 9,000,000 | 1,249,733 | |||
2.28%, 3/25/2031 | CNY | 5,000,000 | 694,194 | |||
2.30%, 5/15/2026 | CNY | 2,000,000 | 278,311 | |||
2.35%, 2/25/2034 | CNY | 700,000 | 97,016 | |||
2.37%, 1/20/2027 | CNY | 1,400,000 | 195,252 | |||
2.37%, 1/15/2029 | CNY | 4,150,000 | 580,781 | |||
2.40%, 7/15/2028 | CNY | 3,000,000 | 419,529 | |||
2.44%, 10/15/2027 | CNY | 6,050,000 | 846,340 | |||
2.46%, 2/15/2026 | CNY | 5,890,000 | 820,370 | |||
2.48%, 4/15/2027 | CNY | 6,500,000 | 910,557 | |||
2.48%, 9/25/2028 | CNY | 5,750,000 | 807,498 | |||
Series 2216, 2.50%, 7/25/2027 | CNY | 4,500,000 | 630,661 | |||
2.52%, 8/25/2033 | CNY | 5,000,000 | 701,913 | |||
2.55%, 10/15/2028 | CNY | 4,870,000 | 685,813 | |||
2.60%, 9/15/2030 | CNY | 7,300,000 | 1,032,577 | |||
2.60%, 9/1/2032 | CNY | 7,500,000 | 1,059,846 | |||
2.62%, 4/15/2028 | CNY | 4,450,000 | 627,205 | |||
2.62%, 6/25/2030 | CNY | 7,000,000 | 990,508 | |||
2.64%, 1/15/2028 | CNY | 5,500,000 | 774,750 | |||
2.67%, 5/25/2033 | CNY | 5,400,000 | 768,008 | |||
2.69%, 8/15/2032 | CNY | 8,000,000 | 1,137,900 | |||
2.75%, 6/15/2029 | CNY | 2,550,000 | 363,318 | |||
2.75%, 2/17/2032 | CNY | 5,650,000 | 807,752 | |||
2.76%, 5/15/2032 | CNY | 2,650,000 | 378,880 | |||
2.79%, 12/15/2029 | CNY | 2,000,000 | 285,523 | |||
2.80%, 3/24/2029 | CNY | 4,000,000 | 570,312 | |||
2.80%, 3/25/2030 | CNY | 3,600,000 | 514,331 | |||
2.80%, 11/15/2032 | CNY | 7,750,000 | 1,111,539 | |||
2.85%, 6/4/2027 | CNY | 6,700,000 | 948,855 | |||
2.88%, 2/25/2033 | CNY | 3,850,000 | 556,451 | |||
2.89%, 11/18/2031 | CNY | 6,400,000 | 923,936 | |||
3.00%, 10/15/2053 | CNY | 2,500,000 | 383,207 | |||
3.12%, 10/25/2052 | CNY | 3,500,000 | 540,836 | |||
3.19%, 4/15/2053 | CNY | 5,500,000 | 867,077 | |||
Series 1907, 3.25%, 6/6/2026 | CNY | 9,350,000 | 1,327,095 | |||
Series 1827, 3.25%, 11/22/2028 | CNY | 9,470,000 | 1,378,511 | |||
3.27%, 11/19/2030 | CNY | 8,350,000 | 1,233,780 | |||
3.27%, 3/25/2073 | CNY | 3,750,000 | 624,041 | |||
3.32%, 4/15/2052 | CNY | 4,000,000 | 639,131 | |||
3.39%, 3/16/2050 | CNY | 3,550,000 | 569,222 | |||
3.40%, 7/15/2072 | CNY | 1,000,000 | 171,858 | |||
3.76%, 3/22/2071 | CNY | 2,500,000 | 459,949 | |||
3.81%, 9/14/2050 | CNY | 2,500,000 | 429,274 |
Security Description | Principal Amount | Value | ||||
Series 1824, 4.08%, 10/22/2048 | CNY | 20,330,000 | $3,616,147 | |||
Series 1417, 4.63%, 8/11/2034 | CNY | 500,000 | 83,903 | |||
39,433,386 | ||||||
COLOMBIA — 0.7% | ||||||
Colombia TES: | ||||||
Series B, 5.75%, 11/3/2027 | COP | 1,905,000,000 | 406,589 | |||
Series B, 6.00%, 4/28/2028 | COP | 2,664,000,000 | 562,326 | |||
Series B, 6.25%, 7/9/2036 | COP | 500,000,000 | 83,017 | |||
Series B, 7.00%, 3/26/2031 | COP | 3,132,000,000 | 632,689 | |||
Series B, 7.00%, 6/30/2032 | COP | 4,245,000,000 | 828,982 | |||
Series B, 7.25%, 10/18/2034 | COP | 2,024,000,000 | 382,307 | |||
Series B, 7.25%, 10/26/2050 | COP | 2,162,000,000 | 337,912 | |||
Series B, 7.50%, 8/26/2026 | COP | 2,284,000,000 | 530,565 | |||
Series B, 9.25%, 5/28/2042 | COP | 4,880,000,000 | 978,808 | |||
Series B, 13.25%, 2/9/2033 | COP | 3,627,400,000 | 994,042 | |||
5,737,237 | ||||||
CROATIA — 0.3% | ||||||
Croatia Government Bonds 2.13%, 7/15/2026 | EUR | 150,000 | 156,737 | |||
Croatia Government International Bonds: | ||||||
1.13%, 6/19/2029 | EUR | 191,000 | 184,746 | |||
1.50%, 6/17/2031 | EUR | 150,000 | 143,283 | |||
2.88%, 4/22/2032 | EUR | 750,000 | 783,754 | |||
3.00%, 3/20/2027 | EUR | 900,000 | 956,859 | |||
2,225,379 | ||||||
CYPRUS — 0.1% | ||||||
Cyprus Government International Bonds: | ||||||
Series EMTN, 0.63%, 1/21/2030 | EUR | 125,000 | 116,880 | |||
Series EMTN, 0.95%, 1/20/2032 | EUR | 150,000 | 135,828 | |||
Series EMTN, 1.25%, 1/21/2040 | EUR | 100,000 | 75,558 | |||
Series EMTN, 1.50%, 4/16/2027 | EUR | 150,000 | 153,935 | |||
Series EMTN, 2.38%, 9/25/2028 | EUR | 50,000 | 51,955 | |||
Series EMTN, 2.75%, 2/26/2034 | EUR | 100,000 | 100,760 |
Security Description | Principal Amount | Value | ||||
Series EMTN, 2.75%, 5/3/2049 | EUR | 250,000 | $224,308 | |||
Series EMTN, 4.25%, 11/4/2025 | EUR | 170,000 | 184,912 | |||
1,044,136 | ||||||
CZECH REPUBLIC — 0.9% | ||||||
Czech Republic Government Bonds: | ||||||
Series 130, 0.05%, 11/29/2029 | CZK | 8,480,000 | 293,658 | |||
Series 100, 0.25%, 2/10/2027 | CZK | 8,610,000 | 334,003 | |||
Series 94, 0.95%, 5/15/2030 | CZK | 12,330,000 | 443,233 | |||
Series 95, 1.00%, 6/26/2026 | CZK | 12,560,000 | 506,102 | |||
Series 121, 1.20%, 3/13/2031 | CZK | 11,350,000 | 405,139 | |||
Series 125, 1.50%, 4/24/2040 | CZK | 7,600,000 | 221,719 | |||
Series 138, 1.75%, 6/23/2032 | CZK | 6,100,000 | 219,789 | |||
Series 142, 1.95%, 7/30/2037 | CZK | 3,500,000 | 115,497 | |||
Series 103, 2.00%, 10/13/2033 | CZK | 13,080,000 | 468,374 | |||
Series 89, 2.40%, 9/17/2025 | CZK | 3,490,000 | 146,245 | |||
Series 78, 2.50%, 8/25/2028 | CZK | 14,500,000 | 584,062 | |||
Series 105, 2.75%, 7/23/2029 | CZK | 13,150,000 | 530,183 | |||
Series 145, 3.50%, 5/30/2035 | CZK | 9,400,000 | 376,994 | |||
Series 49, 4.20%, 12/4/2036 | CZK | 8,690,000 | 371,696 | |||
Series 154, 4.50%, 11/11/2032 | CZK | 5,000,000 | 219,181 | |||
Series 53, 4.85%, 11/26/2057 | CZK | 1,750,000 | 79,042 | |||
Series 11Y, 4.90%, 4/14/2034 | CZK | 6,350,000 | 286,675 | |||
Series 150, 5.00%, 9/30/2030 | CZK | 17,600,000 | 791,174 | |||
Series 149, 5.50%, 12/12/2028 | CZK | 11,400,000 | 516,434 | |||
Series 153, 5.75%, 3/29/2029 | CZK | 5,950,000 | 273,200 | |||
Series 148, 6.00%, 2/26/2026 | CZK | 10,050,000 | 443,448 | |||
Series 152, 6.20%, 6/16/2031 | CZK | 3,700,000 | 178,520 | |||
7,804,368 |
Security Description | Principal Amount | Value | ||||
DENMARK — 0.7% | ||||||
Denmark Government Bonds: | ||||||
Series 10Y, Zero Coupon, 11/15/2031 | DKK | 6,446,000 | $778,070 | |||
Series 30Y, 0.25%, 11/15/2052 | DKK | 3,367,000 | 254,986 | |||
Series 10Y, 0.50%, 11/15/2027 | DKK | 4,712,000 | 633,879 | |||
Series 10YR, 0.50%, 11/15/2029 | DKK | 3,915,000 | 509,316 | |||
1.75%, 11/15/2025 | DKK | 6,103,000 | 863,575 | |||
2.25%, 11/15/2033 | DKK | 2,925,000 | 412,808 | |||
4.50%, 11/15/2039 | DKK | 12,609,000 | 2,216,043 | |||
5,668,677 | ||||||
ESTONIA — 0.0% (b) | ||||||
Estonia Government International Bonds: | ||||||
0.13%, 6/10/2030 | EUR | 188,000 | 166,738 | |||
4.00%, 10/12/2032 | EUR | 175,000 | 194,761 | |||
361,499 | ||||||
FINLAND — 1.3% | ||||||
Finland Government Bonds: | ||||||
Zero Coupon, 9/15/2026 (a) | EUR | 196,000 | 196,745 | |||
Zero Coupon, 9/15/2030 (a) | EUR | 397,000 | 356,020 | |||
0.13%, 9/15/2031 (a) | EUR | 646,000 | 566,890 | |||
0.13%, 4/15/2036 (a) | EUR | 146,000 | 110,231 | |||
0.13%, 4/15/2052 (a) | EUR | 634,000 | 304,579 | |||
0.25%, 9/15/2040 (a) | EUR | 215,000 | 144,104 | |||
0.50%, 4/15/2026 (a) | EUR | 574,000 | 588,080 | |||
0.50%, 9/15/2027 (a) | EUR | 376,000 | 374,194 | |||
0.50%, 9/15/2028 (a) | EUR | 522,000 | 506,965 | |||
0.50%, 9/15/2029 (a) | EUR | 548,000 | 520,320 | |||
0.50%, 4/15/2043 (a) | EUR | 254,000 | 167,690 | |||
0.75%, 4/15/2031 (a) | EUR | 371,000 | 345,014 | |||
0.88%, 9/15/2025 (a) | EUR | 226,000 | 235,504 | |||
1.13%, 4/15/2034 (a) | EUR | 716,000 | 643,796 | |||
1.38%, 4/15/2027 (a) | EUR | 408,000 | 419,272 | |||
Series 30Y, 1.38%, 4/15/2047 (a) | EUR | 665,000 | 501,679 | |||
1.50%, 9/15/2032 (a) | EUR | 595,000 | 569,200 | |||
2.63%, 7/4/2042 (a) | EUR | 735,000 | 720,144 | |||
2.75%, 7/4/2028 (a) | EUR | 515,000 | 550,250 | |||
2.75%, 4/15/2038 (a) | EUR | 350,000 | 354,957 | |||
2.88%, 4/15/2029 (a) | EUR | 500,000 | 535,267 | |||
3.00%, 9/15/2033 (a) | EUR | 1,035,000 | 1,105,923 | |||
3.00%, 9/15/2034 (a) | EUR | 150,000 | 158,629 | |||
4.00%, 7/4/2025 (a) | EUR | 792,000 | 855,193 | |||
10,830,646 |
Security Description | Principal Amount | Value | ||||
FRANCE — 5.0% | ||||||
French Republic Government Bonds OAT: | ||||||
Zero Coupon, 2/25/2026 (a) | EUR | 628,000 | $639,194 | |||
Zero Coupon, 2/25/2027 (a) | EUR | 1,078,000 | 1,066,421 | |||
Zero Coupon, 11/25/2029 (a) | EUR | 1,220,000 | 1,113,725 | |||
Zero Coupon, 11/25/2030 (a) | EUR | 1,246,000 | 1,101,759 | |||
Zero Coupon, 11/25/2031 (a) | EUR | 299,000 | 255,718 | |||
Zero Coupon, 5/25/2032 (a) | EUR | 674,000 | 566,576 | |||
0.25%, 11/25/2026 (a) | EUR | 527,000 | 528,229 | |||
0.50%, 5/25/2026 (a) | EUR | 1,003,000 | 1,023,590 | |||
0.50%, 5/25/2029 (a) | EUR | 1,441,000 | 1,369,220 | |||
0.50%, 5/25/2040 (a) | EUR | 441,000 | 300,882 | |||
0.50%, 6/25/2044 (a) | EUR | 299,000 | 181,538 | |||
0.50%, 5/25/2072 (a) | EUR | 610,000 | 229,956 | |||
0.75%, 2/25/2028 (a) | EUR | 1,183,000 | 1,169,496 | |||
0.75%, 5/25/2028 (a) | EUR | 1,488,000 | 1,463,994 | |||
0.75%, 11/25/2028 (a) | EUR | 1,601,000 | 1,557,896 | |||
0.75%, 5/25/2052 (a) | EUR | 763,000 | 409,032 | |||
0.75%, 5/25/2053 (a) | EUR | 700,000 | 365,753 | |||
1.00%, 11/25/2025 (a) | EUR | 866,000 | 900,197 | |||
1.00%, 5/25/2027 (a) | EUR | 899,000 | 909,544 | |||
1.25%, 5/25/2034 (a) | EUR | 1,259,000 | 1,122,538 | |||
1.25%, 5/25/2036 (a) | EUR | 1,132,000 | 963,528 | |||
1.25%, 5/25/2038 (a) | EUR | 194,000 | 157,399 | |||
1.50%, 5/25/2031 (a) | EUR | 1,055,000 | 1,022,037 | |||
1.50%, 5/25/2050 (a) | EUR | 265,000 | 182,738 | |||
1.75%, 6/25/2039 (a) | EUR | 665,000 | 571,219 | |||
1.75%, 5/25/2066 (a) | EUR | 350,000 | 230,350 | |||
2.00%, 11/25/2032 (a) | EUR | 350,000 | 343,266 | |||
2.00%, 5/25/2048 (a) | EUR | 576,000 | 457,149 | |||
2.50%, 9/24/2026 (a) | EUR | 1,110,000 | 1,173,792 | |||
2.50%, 5/25/2030 (a) | EUR | 1,895,000 | 1,972,790 | |||
2.50%, 5/25/2043 (a) | EUR | 394,000 | 358,341 | |||
2.75%, 10/25/2027 (a) | EUR | 1,423,000 | 1,510,667 | |||
2.75%, 2/25/2029 (a) | EUR | 1,355,000 | 1,433,933 | |||
2.75%, 2/25/2030 (a) | EUR | 325,000 | 341,990 | |||
3.00%, 5/25/2033 (a) | EUR | 1,782,000 | 1,880,186 | |||
3.00%, 5/25/2054 (a) | EUR | 665,000 | 620,421 | |||
3.25%, 5/25/2045 (a) | EUR | 1,191,000 | 1,210,242 | |||
3.50%, 4/25/2026 (a) | EUR | 1,771,000 | 1,909,576 | |||
3.50%, 11/25/2033 (a) | EUR | 950,000 | 1,038,842 | |||
4.00%, 10/25/2038 (a) | EUR | 956,000 | 1,084,840 | |||
4.00%, 4/25/2055 (a) | EUR | 906,000 | 1,020,451 | |||
4.00%, 4/25/2060 (a) | EUR | 449,000 | 509,944 | |||
4.50%, 4/25/2041 (a) | EUR | 1,330,000 | 1,596,301 | |||
4.75%, 4/25/2035 (a) | EUR | 966,000 | 1,168,193 | |||
5.50%, 4/25/2029 (a) | EUR | 872,000 | 1,034,794 | |||
5.75%, 10/25/2032 (a) | EUR | 1,104,000 | 1,401,864 |
Security Description | Principal Amount | Value | ||||
6.00%, 10/25/2025 (a) | EUR | 1,470,000 | $1,629,150 | |||
43,099,261 | ||||||
GERMANY — 4.5% | ||||||
Bundesobligation: | ||||||
Series 182, Zero Coupon, 10/10/2025 | EUR | 866,000 | 893,777 | |||
Series 183, Zero Coupon, 4/10/2026 | EUR | 744,000 | 759,255 | |||
Series 184, Zero Coupon, 10/9/2026 | EUR | 501,000 | 505,374 | |||
Series 186, 1.30%, 10/15/2027 | EUR | 957,000 | 986,071 | |||
2.10%, 4/12/2029 | EUR | 339,000 | 357,339 | |||
Series 187, 2.20%, 4/13/2028 | EUR | 650,000 | 688,681 | |||
Series 188, 2.40%, 10/19/2028 | EUR | 1,275,000 | 1,361,057 | |||
Bundesrepublik Deutschland Bundesanleihe: | ||||||
Zero Coupon, 8/15/2026 | EUR | 559,000 | 565,998 | |||
Zero Coupon, 11/15/2027 | EUR | 371,000 | 365,424 | |||
Zero Coupon, 11/15/2028 | EUR | 542,000 | 522,808 | |||
Zero Coupon, 8/15/2029 | EUR | 429,000 | 407,079 | |||
Zero Coupon, 2/15/2030 | EUR | 484,000 | 453,973 | |||
Zero Coupon, 8/15/2030 | EUR | 892,000 | 828,046 | |||
Zero Coupon, 2/15/2031 | EUR | 595,000 | 545,578 | |||
Zero Coupon, 8/15/2031 | EUR | 709,000 | 643,052 | |||
Zero Coupon, 2/15/2032 | EUR | 260,000 | 232,728 | |||
Zero Coupon, 5/15/2036 | EUR | 430,000 | 340,825 | |||
Zero Coupon, 8/15/2050 | EUR | 1,449,000 | 786,326 | |||
Zero Coupon, 8/15/2052 | EUR | 900,000 | 465,186 | |||
0.25%, 2/15/2027 | EUR | 622,000 | 627,352 | |||
0.25%, 8/15/2028 | EUR | 713,000 | 699,211 | |||
0.25%, 2/15/2029 | EUR | 120,000 | 116,606 | |||
0.50%, 2/15/2026 | EUR | 662,000 | 683,351 | |||
0.50%, 8/15/2027 | EUR | 763,000 | 768,273 | |||
0.50%, 2/15/2028 | EUR | 787,000 | 786,027 | |||
1.00%, 5/15/2038 | EUR | 593,000 | 515,372 | |||
1.25%, 8/15/2048 | EUR | 536,000 | 430,251 | |||
1.70%, 8/15/2032 | EUR | 750,000 | 761,923 | |||
1.80%, 8/15/2053 | EUR | 1,092,000 | 966,049 | |||
2.10%, 11/15/2029 | EUR | 863,000 | 908,693 | |||
2.30%, 2/15/2033 | EUR | 1,448,000 | 1,534,960 |
Security Description | Principal Amount | Value | ||||
Series 7Y, 2.40%, 11/15/2030 | EUR | 597,000 | $638,134 | |||
2.50%, 7/4/2044 | EUR | 844,000 | 876,566 | |||
2.50%, 8/15/2046 | EUR | 789,000 | 817,544 | |||
Series 10Y, 2.60%, 8/15/2033 | EUR | 874,000 | 947,147 | |||
3.25%, 7/4/2042 | EUR | 972,000 | 1,121,851 | |||
Series 05, 4.00%, 1/4/2037 | EUR | 1,179,000 | 1,450,131 | |||
Series 2007, 4.25%, 7/4/2039 | EUR | 1,155,000 | 1,476,403 | |||
Series 98, 4.75%, 7/4/2028 | EUR | 1,082,000 | 1,258,198 | |||
Series 03, 4.75%, 7/4/2034 | EUR | 932,000 | 1,195,991 | |||
Series 08, 4.75%, 7/4/2040 | EUR | 946,000 | 1,284,439 | |||
5.50%, 1/4/2031 | EUR | 1,263,000 | 1,596,783 | |||
Series 98, 5.63%, 1/4/2028 | EUR | 1,319,000 | 1,557,949 | |||
6.25%, 1/4/2030 | EUR | 1,059,000 | 1,353,536 | |||
Series 97, 6.50%, 7/4/2027 | EUR | 1,043,000 | 1,241,575 | |||
Bundesschatzanweisungen: | ||||||
2.50%, 3/19/2026 | EUR | 300,000 | 319,423 | |||
Series 2Y, 3.10%, 9/18/2025 | EUR | 700,000 | 750,345 | |||
Series 2Y, 3.10%, 12/12/2025 | EUR | 600,000 | 643,917 | |||
39,036,577 | ||||||
GREECE — 0.8% | ||||||
Hellenic Republic Government Bonds: | ||||||
1.50%, 6/18/2030 (a) | EUR | 1,000,000 | 964,114 | |||
1.88%, 7/23/2026 (a) | EUR | 750,000 | 788,460 | |||
1.88%, 1/24/2052 (a) | EUR | 350,000 | 238,022 | |||
3.38%, 6/15/2034 (a) | EUR | 250,000 | 260,315 | |||
3.88%, 6/15/2028 (a) | EUR | 1,000,000 | 1,098,390 | |||
4.13%, 6/15/2054 (a) | EUR | 100,000 | 102,877 | |||
4.25%, 6/15/2033 (a) | EUR | 1,250,000 | 1,403,698 | |||
4.38%, 7/18/2038 (a) | EUR | 1,750,000 | 1,948,900 | |||
6,804,776 | ||||||
HONG KONG — 0.1% | ||||||
Hong Kong Government Bonds Programme: | ||||||
1.25%, 6/29/2027 | HKD | 1,650,000 | 197,786 | |||
1.59%, 3/4/2036 | HKD | 200,000 | 20,729 | |||
1.68%, 1/21/2026 | HKD | 1,500,000 | 185,726 | |||
1.89%, 3/2/2032 | HKD | 800,000 | 92,560 | |||
1.97%, 1/17/2029 | HKD | 400,000 | 48,169 | |||
2.02%, 3/7/2034 | HKD | 300,000 | 33,659 | |||
2.13%, 7/16/2030 | HKD | 500,000 | 59,787 | |||
638,416 |
Security Description | Principal Amount | Value | ||||
HUNGARY — 0.4% | ||||||
Hungary Government Bonds: | ||||||
Series 26/E, 1.50%, 4/22/2026 | HUF | 68,700,000 | $170,697 | |||
Series 26/F, 1.50%, 8/26/2026 | HUF | 65,000,000 | 158,855 | |||
Series 29/A, 2.00%, 5/23/2029 | HUF | 50,000,000 | 109,794 | |||
Series 33/A, 2.25%, 4/20/2033 | HUF | 66,720,000 | 127,856 | |||
Series 34/A, 2.25%, 6/22/2034 | HUF | 40,000,000 | 73,492 | |||
Series 26/D, 2.75%, 12/22/2026 | HUF | 80,780,000 | 200,345 | |||
Series 27/A, 3.00%, 10/27/2027 | HUF | 123,260,000 | 298,823 | |||
Series 30/A, 3.00%, 8/21/2030 | HUF | 104,210,000 | 231,078 | |||
Series 38/A, 3.00%, 10/27/2038 | HUF | 103,500,000 | 184,716 | |||
Series 41/A, 3.00%, 4/25/2041 | HUF | 45,000,000 | 76,027 | |||
Series 31/A, 3.25%, 10/22/2031 | HUF | 135,000,000 | 294,231 | |||
Series 28/B, 4.50%, 3/23/2028 | HUF | 151,000,000 | 381,039 | |||
4.50%, 5/27/2032 | HUF | 71,000,000 | 165,877 | |||
Series 32/A, 4.75%, 11/24/2032 | HUF | 183,000,000 | 432,355 | |||
Series 28/A, 6.75%, 10/22/2028 | HUF | 228,870,000 | 621,975 | |||
Series 26/H, 9.50%, 10/21/2026 | HUF | 49,900,000 | 143,345 | |||
3,670,505 | ||||||
INDONESIA — 2.6% | ||||||
Indonesia Treasury Bonds: | ||||||
Series FR90, 5.13%, 4/15/2027 | IDR | 8,524,000,000 | 499,572 | |||
Series FR86, 5.50%, 4/15/2026 | IDR | 8,050,000,000 | 481,922 | |||
Series FR64, 6.13%, 5/15/2028 | IDR | 39,671,000,000 | 2,367,603 | |||
Series FR88, 6.25%, 6/15/2036 | IDR | 5,270,000,000 | 299,544 | |||
Series FR95, 6.38%, 8/15/2028 | IDR | 19,328,000,000 | 1,160,326 | |||
Series FR91, 6.38%, 4/15/2032 | IDR | 18,992,000,000 | 1,114,880 | |||
Series FR93, 6.38%, 7/15/2037 | IDR | 5,605,000,000 | 321,099 | |||
Series FR87, 6.50%, 2/15/2031 | IDR | 24,990,000,000 | 1,476,805 | |||
Series FR65, 6.63%, 5/15/2033 | IDR | 40,445,000,000 | 2,387,231 | |||
Series 100, 6.63%, 2/15/2034 | IDR | 11,950,000,000 | 706,535 |
Security Description | Principal Amount | Value | ||||
Series 101, 6.88%, 4/15/2029 | IDR | 9,656,000,000 | $587,545 | |||
Series FR89, 6.88%, 8/15/2051 | IDR | 8,315,000,000 | 489,125 | |||
Series FR59, 7.00%, 5/15/2027 | IDR | 44,850,000,000 | 2,762,016 | |||
Series FR82, 7.00%, 9/15/2030 | IDR | 11,000,000,000 | 671,037 | |||
Series FR96, 7.00%, 2/15/2033 | IDR | 16,205,000,000 | 983,186 | |||
Series FR98, 7.13%, 6/15/2038 | IDR | 9,658,000,000 | 589,406 | |||
Series FR92, 7.13%, 6/15/2042 | IDR | 18,230,000,000 | 1,109,200 | |||
Series FR97, 7.13%, 6/15/2043 | IDR | 8,000,000,000 | 487,988 | |||
Series FR76, 7.38%, 5/15/2048 | IDR | 10,875,000,000 | 677,471 | |||
Series FR75, 7.50%, 5/15/2038 | IDR | 15,342,000,000 | 964,579 | |||
Series FR83, 7.50%, 4/15/2040 | IDR | 12,980,000,000 | 819,547 | |||
Perusahaan Penerbit SBSN Indonesia: | ||||||
Series PBS, 5.38%, 8/15/2025 | IDR | 4,346,000,000 | 261,859 | |||
Series PBS, 6.50%, 6/15/2039 | IDR | 2,814,000,000 | 167,118 | |||
Series PBS, 6.75%, 6/15/2047 | IDR | 4,500,000,000 | 261,113 | |||
Series PBS, 6.88%, 3/15/2036 | IDR | 10,000,000,000 | 616,322 | |||
22,263,029 | ||||||
IRELAND — 1.1% | ||||||
Ireland Government Bonds: | ||||||
Zero Coupon, 10/18/2031 | EUR | 713,000 | 623,651 | |||
0.20%, 5/15/2027 | EUR | 371,000 | 369,231 | |||
0.20%, 10/18/2030 | EUR | 603,000 | 550,318 | |||
0.35%, 10/18/2032 | EUR | 673,000 | 589,683 | |||
0.40%, 5/15/2035 | EUR | 319,900 | 260,969 | |||
0.55%, 4/22/2041 | EUR | 219,000 | 155,094 | |||
0.90%, 5/15/2028 | EUR | 905,000 | 904,029 | |||
1.00%, 5/15/2026 | EUR | 335,000 | 346,297 | |||
1.10%, 5/15/2029 | EUR | 980,000 | 971,836 | |||
1.30%, 5/15/2033 | EUR | 531,000 | 499,718 | |||
1.35%, 3/18/2031 | EUR | 687,000 | 671,442 | |||
1.50%, 5/15/2050 | EUR | 702,000 | 524,025 | |||
1.70%, 5/15/2037 | EUR | 813,000 | 743,596 | |||
2.00%, 2/18/2045 | EUR | 1,010,000 | 886,628 | |||
2.40%, 5/15/2030 | EUR | 939,000 | 985,709 | |||
2.60%, 10/18/2034 | EUR | 382,000 | 396,904 | |||
3.00%, 10/18/2043 | EUR | 400,000 | 416,448 | |||
9,895,578 |
Security Description | Principal Amount | Value | ||||
ISRAEL — 0.7% | ||||||
Israel Government Bonds - Fixed: | ||||||
Series 0226, 0.50%, 2/27/2026 | ILS | 1,915,000 | $477,295 | |||
Series 0330, 1.00%, 3/31/2030 | ILS | 3,355,000 | 727,171 | |||
Series 0432, 1.30%, 4/30/2032 | ILS | 2,310,000 | 474,209 | |||
Series 0537, 1.50%, 5/31/2037 | ILS | 2,655,000 | 438,999 | |||
Series 0825, 1.75%, 8/31/2025 | ILS | 2,404,000 | 620,128 | |||
Series 0327, 2.00%, 3/31/2027 | ILS | 2,365,000 | 588,833 | |||
Series 0928, 2.25%, 9/28/2028 | ILS | 2,935,000 | 710,806 | |||
Series 1152, 2.80%, 11/29/2052 | ILS | 1,387,000 | 226,140 | |||
Series 0229, 3.75%, 2/28/2029 | ILS | 1,025,000 | 262,352 | |||
Series 0347, 3.75%, 3/31/2047 | ILS | 2,045,000 | 422,960 | |||
Series 0142, 5.50%, 1/31/2042 | ILS | 2,948,000 | 801,716 | |||
Series 1026, 6.25%, 10/30/2026 | ILS | 1,490,000 | 411,389 | |||
6,161,998 | ||||||
ITALY — 4.5% | ||||||
Italy Buoni Poliennali del Tesoro 3.50%, 2/15/2031 (a) | EUR | 1,137,000 | 1,202,619 | |||
Italy Buoni Poliennali Del Tesoro: | ||||||
Series 5Y, Zero Coupon, 4/1/2026 | EUR | 317,000 | 320,219 | |||
Series 5Y, Zero Coupon, 8/1/2026 | EUR | 250,000 | 249,824 | |||
Series 10Y, 0.60%, 8/1/2031 (a) | EUR | 45,000 | 38,935 | |||
Series 8Y, 0.85%, 1/15/2027 | EUR | 348,000 | 350,336 | |||
Series 11Y, 0.90%, 4/1/2031 | EUR | 215,000 | 192,245 | |||
Series 7Y, 0.95%, 9/15/2027 | EUR | 585,000 | 581,080 | |||
Series 10Y, 0.95%, 8/1/2030 | EUR | 235,000 | 215,014 | |||
Series 10Y, 0.95%, 12/1/2031 (a) | EUR | 265,000 | 233,014 | |||
Series 10Y, 0.95%, 6/1/2032 | EUR | 189,000 | 163,512 | |||
Series 16Y, 0.95%, 3/1/2037 (a) | EUR | 186,000 | 136,821 | |||
Series 3Y, 1.20%, 8/15/2025 | EUR | 214,000 | 223,483 |
Security Description | Principal Amount | Value | |||
Series 10Y, 1.25%, 12/1/2026 | EUR | 438,000 | $446,673 | ||
Series 11Y, 1.35%, 4/1/2030 | EUR | 567,000 | 537,196 | ||
Series 16Y, 1.45%, 3/1/2036 (a) | EUR | 268,000 | 216,855 | ||
Series 34Y, 1.50%, 4/30/2045 (a) | EUR | 300,000 | 196,153 | ||
Series 10Y, 1.60%, 6/1/2026 | EUR | 348,000 | 360,696 | ||
Series 10Y, 1.65%, 12/1/2030 (a) | EUR | 669,000 | 634,238 | ||
Series 17Y, 1.65%, 3/1/2032 (a) | EUR | 627,000 | 578,454 | ||
Series 31Y, 1.70%, 9/1/2051 (a) | EUR | 150,000 | 93,885 | ||
Series 10Y, 2.00%, 12/1/2025 | EUR | 508,000 | 533,850 | ||
Series 10Y, 2.00%, 2/1/2028 | EUR | 576,000 | 588,439 | ||
Series 10Y, 2.05%, 8/1/2027 | EUR | 503,000 | 518,334 | ||
Series 7Y, 2.10%, 7/15/2026 | EUR | 477,000 | 498,367 | ||
Series 30Y, 2.15%, 9/1/2052 (a) | EUR | 159,000 | 108,516 | ||
Series 50Y, 2.15%, 3/1/2072 (a) | EUR | 190,000 | 118,745 | ||
Series 10Y, 2.20%, 6/1/2027 | EUR | 400,000 | 414,989 | ||
Series 20Y, 2.25%, 9/1/2036 (a) | EUR | 395,000 | 347,690 | ||
Series 15Y, 2.45%, 9/1/2033 (a) | EUR | 577,000 | 549,769 | ||
2.45%, 9/1/2050 (a) | EUR | 444,000 | 330,892 | ||
Series 7Y, 2.50%, 11/15/2025 | EUR | 493,000 | 521,927 | ||
Series 5Y, 2.65%, 12/1/2027 | EUR | 435,000 | 455,214 | ||
Series 31Y, 2.70%, 3/1/2047 (a) | EUR | 287,000 | 232,734 | ||
Series 10Y, 2.80%, 12/1/2028 | EUR | 1,052,000 | 1,097,998 | ||
Series 7Y, 2.80%, 6/15/2029 | EUR | 633,000 | 656,011 | ||
Series 50Y, 2.80%, 3/1/2067 (a) | EUR | 45,000 | 33,883 | ||
Series 20Y, 2.95%, 9/1/2038 (a) | EUR | 158,000 | 145,731 | ||
Series 10Y, 3.00%, 8/1/2029 | EUR | 972,000 | 1,016,252 | ||
Series 21Y, 3.10%, 3/1/2040 (a) | EUR | 205,000 | 188,921 | ||
Series 16Y, 3.25%, 3/1/2038 (a) | EUR | 287,000 | 274,997 | ||
Series 31Y, 3.25%, 9/1/2046 (a) | EUR | 431,000 | 386,134 |
Security Description | Principal Amount | Value | |||
3.35%, 7/1/2029 | EUR | 477,000 | $506,393 | ||
Series 26Y, 3.35%, 3/1/2035 (a) | EUR | 794,000 | 798,295 | ||
Series 5Y, 3.40%, 4/1/2028 | EUR | 569,000 | 609,127 | ||
Series 31Y, 3.45%, 3/1/2048 (a) | EUR | 741,000 | 679,791 | ||
Series 16Y, 3.50%, 3/1/2030 (a) | EUR | 886,000 | 945,965 | ||
Series 2Y, 3.60%, 9/29/2025 | EUR | 300,000 | 321,782 | ||
3.70%, 6/15/2030 | EUR | 604,000 | 648,635 | ||
3.80%, 4/15/2026 | EUR | 600,000 | 646,999 | ||
Series 5Y, 3.80%, 8/1/2028 | EUR | 816,000 | 885,228 | ||
Series 3Y, 3.85%, 9/15/2026 | EUR | 600,000 | 648,966 | ||
3.85%, 7/1/2034 | EUR | 608,000 | 642,344 | ||
Series 30Y, 3.85%, 9/1/2049 (a) | EUR | 683,000 | 662,465 | ||
Series 7Y, 4.00%, 11/15/2030 | EUR | 494,000 | 538,301 | ||
Series 8Y, 4.00%, 10/30/2031 (a) | EUR | 310,000 | 337,858 | ||
Series 13Y, 4.00%, 4/30/2035 (a) | EUR | 571,000 | 609,362 | ||
Series 31Y, 4.00%, 2/1/2037 (a) | EUR | 1,219,000 | 1,290,133 | ||
4.10%, 2/1/2029 | EUR | 344,000 | 377,873 | ||
Series 10Y, 4.20%, 3/1/2034 | EUR | 500,000 | 544,489 | ||
4.35%, 11/1/2033 | EUR | 141,000 | 155,638 | ||
4.45%, 9/1/2043 (a) | EUR | 250,000 | 267,324 | ||
Series 16Y, 4.50%, 3/1/2026 (a) | EUR | 907,000 | 988,669 | ||
Series 30Y, 4.50%, 10/1/2053 (a) | EUR | 200,000 | 212,423 | ||
Series 15Y, 4.75%, 9/1/2028 (a) | EUR | 1,041,000 | 1,170,919 | ||
Series 31Y, 4.75%, 9/1/2044 (a) | EUR | 781,000 | 870,723 | ||
Series 31Y, 5.00%, 8/1/2034 (a) | EUR | 906,000 | 1,049,733 | ||
Series 32Y, 5.00%, 8/1/2039 (a) | EUR | 753,000 | 863,924 | ||
Series 31Y, 5.00%, 9/1/2040 (a) | EUR | 808,000 | 926,593 | ||
Series 31Y, 5.25%, 11/1/2029 | EUR | 731,000 | 848,557 | ||
Series 31Y, 5.75%, 2/1/2033 | EUR | 617,000 | 748,954 | ||
Series 31Y, 6.00%, 5/1/2031 | EUR | 1,112,000 | 1,357,564 | ||
Series 30Y, 6.50%, 11/1/2027 | EUR | 1,116,000 | 1,312,954 |
Security Description | Principal Amount | Value | ||||
Series 30Y, 7.25%, 11/1/2026 | EUR | 755,000 | $879,011 | |||
39,337,637 | ||||||
JAPAN — 22.9% | ||||||
Japan Government Five Year Bonds: | ||||||
Series 147, 0.01%, 3/20/2026 | JPY | 255,350,000 | 1,579,373 | |||
Series 148, 0.01%, 6/20/2026 | JPY | 168,000,000 | 1,037,326 | |||
Series 149, 0.01%, 9/20/2026 | JPY | 113,900,000 | 702,596 | |||
Series 150, 0.01%, 12/20/2026 | JPY | 296,350,000 | 1,826,128 | |||
Series 151, 0.01%, 3/20/2027 | JPY | 171,450,000 | 1,055,175 | |||
Series 153, 0.01%, 6/20/2027 | JPY | 240,000,000 | 1,475,211 | |||
Series 145, 0.10%, 9/20/2025 | JPY | 300,000,000 | 1,862,701 | |||
Series 146, 0.10%, 12/20/2025 | JPY | 267,700,000 | 1,660,735 | |||
Series 152, 0.10%, 3/20/2027 | JPY | 119,950,000 | 740,124 | |||
Series 154, 0.10%, 9/20/2027 | JPY | 230,450,000 | 1,418,759 | |||
Series 158, 0.10%, 3/20/2028 | JPY | 158,200,000 | 970,630 | |||
Series 159, 0.10%, 6/20/2028 | JPY | 112,000,000 | 685,869 | |||
Series 156, 0.20%, 12/20/2027 | JPY | 138,000,000 | 851,163 | |||
Series 157, 0.20%, 3/20/2028 | JPY | 135,000,000 | 831,384 | |||
Series 160, 0.20%, 6/20/2028 | JPY | 179,650,000 | 1,104,458 | |||
0.20%, 12/20/2028 | JPY | 150,000,000 | 918,323 | |||
Series 155, 0.30%, 12/20/2027 | JPY | 178,250,000 | 1,103,209 | |||
Series 161, 0.30%, 6/20/2028 | JPY | 128,500,000 | 793,104 | |||
Series 162, 0.30%, 9/20/2028 | JPY | 100,000,000 | 616,207 | |||
0.30%, 12/20/2028 | JPY | 175,000,000 | 1,076,121 | |||
Series 163, 0.40%, 9/20/2028 | JPY | 209,350,000 | 1,295,404 | |||
0.40%, 12/20/2028 | JPY | 200,000,000 | 1,235,273 | |||
0.40%, 3/20/2029 | JPY | 150,000,000 | 924,981 | |||
0.50%, 3/20/2029 | JPY | 150,000,000 | 928,292 | |||
0.60%, 3/20/2029 | JPY | 85,000,000 | 528,981 | |||
Japan Government Forty Year Bonds: | ||||||
Series 9, 0.40%, 3/20/2056 | JPY | 64,200,000 | 236,689 | |||
Series 12, 0.50%, 3/20/2059 | JPY | 92,000,000 | 334,291 |
Security Description | Principal Amount | Value | |||
Series 13, 0.50%, 3/20/2060 | JPY | 113,000,000 | $402,588 | ||
Series 14, 0.70%, 3/20/2061 | JPY | 117,350,000 | 444,669 | ||
Series 11, 0.80%, 3/20/2058 | JPY | 100,500,000 | 416,944 | ||
Series 10, 0.90%, 3/20/2057 | JPY | 112,750,000 | 490,006 | ||
Series 15, 1.00%, 3/20/2062 | JPY | 145,050,000 | 607,531 | ||
Series 16, 1.30%, 3/20/2063 | JPY | 150,600,000 | 693,091 | ||
Series 8, 1.40%, 3/20/2055 | JPY | 82,250,000 | 423,670 | ||
Series 7, 1.70%, 3/20/2054 | JPY | 103,900,000 | 581,487 | ||
Series 6, 1.90%, 3/20/2053 | JPY | 61,350,000 | 361,628 | ||
Series 5, 2.00%, 3/20/2052 | JPY | 62,100,000 | 376,379 | ||
Series 2, 2.20%, 3/20/2049 | JPY | 92,750,000 | 595,650 | ||
Series 3, 2.20%, 3/20/2050 | JPY | 58,600,000 | 374,051 | ||
Series 4, 2.20%, 3/20/2051 | JPY | 62,500,000 | 397,015 | ||
Series 1, 2.40%, 3/20/2048 | JPY | 70,200,000 | 469,610 | ||
Japan Government Ten Year Bonds: | |||||
Series 342, 0.10%, 3/20/2026 | JPY | 285,450,000 | 1,768,438 | ||
Series 343, 0.10%, 6/20/2026 | JPY | 297,600,000 | 1,841,009 | ||
Series 344, 0.10%, 9/20/2026 | JPY | 314,550,000 | 1,944,398 | ||
Series 345, 0.10%, 12/20/2026 | JPY | 311,250,000 | 1,922,355 | ||
Series 346, 0.10%, 3/20/2027 | JPY | 311,050,000 | 1,919,263 | ||
Series 347, 0.10%, 6/20/2027 | JPY | 266,750,000 | 1,644,162 | ||
Series 348, 0.10%, 9/20/2027 | JPY | 314,000,000 | 1,933,132 | ||
Series 349, 0.10%, 12/20/2027 | JPY | 278,550,000 | 1,712,080 | ||
Series 350, 0.10%, 3/20/2028 | JPY | 406,750,000 | 2,495,598 | ||
Series 351, 0.10%, 6/20/2028 | JPY | 229,250,000 | 1,403,889 | ||
Series 352, 0.10%, 9/20/2028 | JPY | 268,000,000 | 1,637,672 | ||
Series 353, 0.10%, 12/20/2028 | JPY | 249,350,000 | 1,519,801 | ||
Series 354, 0.10%, 3/20/2029 | JPY | 159,050,000 | 967,174 |
Security Description | Principal Amount | Value | |||
Series 355, 0.10%, 6/20/2029 | JPY | 314,600,000 | $1,909,191 | ||
Series 356, 0.10%, 9/20/2029 | JPY | 255,950,000 | 1,551,166 | ||
Series 357, 0.10%, 12/20/2029 | JPY | 328,500,000 | 1,986,908 | ||
Series 358, 0.10%, 3/20/2030 | JPY | 351,500,000 | 2,120,166 | ||
Series 359, 0.10%, 6/20/2030 | JPY | 154,700,000 | 931,152 | ||
Series 360, 0.10%, 9/20/2030 | JPY | 252,650,000 | 1,516,261 | ||
Series 361, 0.10%, 12/20/2030 | JPY | 276,400,000 | 1,653,744 | ||
Series 362, 0.10%, 3/20/2031 | JPY | 551,100,000 | 3,287,141 | ||
Series 363, 0.10%, 6/20/2031 | JPY | 295,650,000 | 1,757,781 | ||
Series 364, 0.10%, 9/20/2031 | JPY | 287,500,000 | 1,703,285 | ||
Series 365, 0.10%, 12/20/2031 | JPY | 405,000,000 | 2,389,490 | ||
Series 366, 0.20%, 3/20/2032 | JPY | 303,000,000 | 1,794,982 | ||
Series 367, 0.20%, 6/20/2032 | JPY | 399,150,000 | 2,358,027 | ||
Series 368, 0.20%, 9/20/2032 | JPY | 309,500,000 | 1,822,367 | ||
Series 341, 0.30%, 12/20/2025 | JPY | 284,500,000 | 1,770,157 | ||
Series 340, 0.40%, 9/20/2025 | JPY | 297,150,000 | 1,851,747 | ||
Series 371, 0.40%, 6/20/2033 | JPY | 312,550,000 | 1,850,566 | ||
Series 369, 0.50%, 12/20/2032 | JPY | 323,000,000 | 1,942,940 | ||
Series 370, 0.50%, 3/20/2033 | JPY | 306,800,000 | 1,838,912 | ||
Series 373, 0.60%, 12/20/2033 | JPY | 400,000,000 | 2,394,405 | ||
0.70%, 12/20/2033 | JPY | 142,100,000 | 858,570 | ||
Series 372, 0.80%, 9/20/2033 | JPY | 375,000,000 | 2,294,969 | ||
0.80%, 3/20/2034 | JPY | 376,900,000 | 2,290,172 | ||
Japan Government Thirty Year Bonds: | |||||
Series 51, 0.30%, 6/20/2046 | JPY | 107,750,000 | 474,318 | ||
Series 64, 0.40%, 9/20/2049 | JPY | 45,600,000 | 191,752 | ||
Series 65, 0.40%, 12/20/2049 | JPY | 64,150,000 | 268,221 | ||
Series 66, 0.40%, 3/20/2050 | JPY | 28,800,000 | 119,699 | ||
Series 52, 0.50%, 9/20/2046 | JPY | 113,750,000 | 523,118 |
Security Description | Principal Amount | Value | |||
Series 62, 0.50%, 3/20/2049 | JPY | 77,300,000 | $337,850 | ||
Series 53, 0.60%, 12/20/2046 | JPY | 102,250,000 | 479,328 | ||
Series 67, 0.60%, 6/20/2050 | JPY | 61,650,000 | 270,082 | ||
Series 68, 0.60%, 9/20/2050 | JPY | 65,000,000 | 283,647 | ||
Series 59, 0.70%, 6/20/2048 | JPY | 57,000,000 | 266,663 | ||
Series 61, 0.70%, 12/20/2048 | JPY | 77,500,000 | 358,781 | ||
Series 69, 0.70%, 12/20/2050 | JPY | 88,550,000 | 395,607 | ||
Series 70, 0.70%, 3/20/2051 | JPY | 65,000,000 | 289,288 | ||
Series 71, 0.70%, 6/20/2051 | JPY | 90,500,000 | 400,634 | ||
Series 72, 0.70%, 9/20/2051 | JPY | 87,300,000 | 385,035 | ||
Series 73, 0.70%, 12/20/2051 | JPY | 96,150,000 | 422,502 | ||
Series 50, 0.80%, 3/20/2046 | JPY | 58,650,000 | 292,164 | ||
Series 54, 0.80%, 3/20/2047 | JPY | 105,750,000 | 517,528 | ||
Series 55, 0.80%, 6/20/2047 | JPY | 96,500,000 | 470,598 | ||
Series 56, 0.80%, 9/20/2047 | JPY | 89,650,000 | 435,058 | ||
Series 57, 0.80%, 12/20/2047 | JPY | 89,250,000 | 430,998 | ||
Series 58, 0.80%, 3/20/2048 | JPY | 111,550,000 | 536,884 | ||
Series 60, 0.90%, 9/20/2048 | JPY | 85,150,000 | 416,592 | ||
Series 74, 1.00%, 3/20/2052 | JPY | 123,350,000 | 587,243 | ||
Series 79, 1.20%, 6/20/2053 | JPY | 192,800,000 | 957,024 | ||
Series 75, 1.30%, 6/20/2052 | JPY | 150,000,000 | 770,095 | ||
Series 48, 1.40%, 9/20/2045 | JPY | 84,350,000 | 478,062 | ||
Series 49, 1.40%, 12/20/2045 | JPY | 91,550,000 | 517,753 | ||
Series 76, 1.40%, 9/20/2052 | JPY | 154,500,000 | 811,552 | ||
Series 78, 1.40%, 3/20/2053 | JPY | 182,400,000 | 953,444 | ||
Series 45, 1.50%, 12/20/2044 | JPY | 90,050,000 | 523,814 | ||
Series 46, 1.50%, 3/20/2045 | JPY | 82,650,000 | 479,464 | ||
Series 47, 1.60%, 6/20/2045 | JPY | 113,550,000 | 669,914 |
Security Description | Principal Amount | Value | |||
Series 77, 1.60%, 12/20/2052 | JPY | 100,000,000 | $550,093 | ||
1.60%, 12/20/2053 | JPY | 65,000,000 | 355,451 | ||
Series 11, 1.70%, 6/20/2033 | JPY | 75,250,000 | 497,690 | ||
Series 41, 1.70%, 12/20/2043 | JPY | 143,000,000 | 871,246 | ||
Series 42, 1.70%, 3/20/2044 | JPY | 57,550,000 | 349,604 | ||
Series 43, 1.70%, 6/20/2044 | JPY | 100,550,000 | 608,913 | ||
Series 44, 1.70%, 9/20/2044 | JPY | 72,800,000 | 439,597 | ||
Series 38, 1.80%, 3/20/2043 | JPY | 64,000,000 | 398,749 | ||
Series 40, 1.80%, 9/20/2043 | JPY | 70,000,000 | 433,916 | ||
Series 80, 1.80%, 9/20/2053 | JPY | 130,000,000 | 746,268 | ||
1.80%, 3/20/2054 | JPY | 210,000,000 | 1,202,768 | ||
Series 37, 1.90%, 9/20/2042 | JPY | 97,300,000 | 618,423 | ||
Series 39, 1.90%, 6/20/2043 | JPY | 79,500,000 | 502,408 | ||
Series 13, 2.00%, 12/20/2033 | JPY | 99,700,000 | 675,209 | ||
Series 33, 2.00%, 9/20/2040 | JPY | 110,200,000 | 721,459 | ||
Series 35, 2.00%, 9/20/2041 | JPY | 132,450,000 | 861,790 | ||
Series 36, 2.00%, 3/20/2042 | JPY | 131,750,000 | 853,639 | ||
Series 34, 2.20%, 3/20/2041 | JPY | 101,400,000 | 680,677 | ||
Series 21, 2.30%, 12/20/2035 | JPY | 42,000,000 | 290,749 | ||
Series 25, 2.30%, 12/20/2036 | JPY | 72,550,000 | 501,712 | ||
Series 30, 2.30%, 3/20/2039 | JPY | 99,350,000 | 681,189 | ||
Series 32, 2.30%, 3/20/2040 | JPY | 104,650,000 | 713,931 | ||
Series 14, 2.40%, 3/20/2034 | JPY | 76,150,000 | 532,686 | ||
Series 17, 2.40%, 12/20/2034 | JPY | 50,000,000 | 349,546 | ||
Series 26, 2.40%, 3/20/2037 | JPY | 69,300,000 | 484,045 | ||
Series 29, 2.40%, 9/20/2038 | JPY | 70,750,000 | 491,683 | ||
Series 15, 2.50%, 6/20/2034 | JPY | 85,900,000 | 605,887 | ||
Series 16, 2.50%, 9/20/2034 | JPY | 20,000,000 | 141,059 | ||
Series 20, 2.50%, 9/20/2035 | JPY | 33,000,000 | 233,035 |
Security Description | Principal Amount | Value | |||
Series 22, 2.50%, 3/20/2036 | JPY | 69,400,000 | $489,584 | ||
Series 24, 2.50%, 9/20/2036 | JPY | 32,000,000 | 225,886 | ||
Series 27, 2.50%, 9/20/2037 | JPY | 71,550,000 | 504,657 | ||
Japan Government Twenty Year Bonds: | |||||
Series 157, 0.20%, 6/20/2036 | JPY | 124,650,000 | 682,235 | ||
Series 169, 0.30%, 6/20/2039 | JPY | 72,450,000 | 375,915 | ||
Series 170, 0.30%, 9/20/2039 | JPY | 47,750,000 | 246,501 | ||
Series 171, 0.30%, 12/20/2039 | JPY | 116,900,000 | 599,754 | ||
Series 156, 0.40%, 3/20/2036 | JPY | 113,900,000 | 642,035 | ||
Series 168, 0.40%, 3/20/2039 | JPY | 64,000,000 | 339,332 | ||
Series 172, 0.40%, 3/20/2040 | JPY | 95,150,000 | 493,625 | ||
Series 173, 0.40%, 6/20/2040 | JPY | 73,850,000 | 380,838 | ||
Series 174, 0.40%, 9/20/2040 | JPY | 71,200,000 | 365,370 | ||
Series 177, 0.40%, 6/20/2041 | JPY | 256,650,000 | 1,296,221 | ||
Series 158, 0.50%, 9/20/2036 | JPY | 143,550,000 | 812,397 | ||
Series 164, 0.50%, 3/20/2038 | JPY | 71,550,000 | 393,303 | ||
Series 165, 0.50%, 6/20/2038 | JPY | 49,000,000 | 267,794 | ||
Series 167, 0.50%, 12/20/2038 | JPY | 59,800,000 | 323,781 | ||
Series 175, 0.50%, 12/20/2040 | JPY | 134,600,000 | 698,914 | ||
Series 176, 0.50%, 3/20/2041 | JPY | 128,150,000 | 662,300 | ||
Series 178, 0.50%, 9/20/2041 | JPY | 249,100,000 | 1,273,529 | ||
Series 179, 0.50%, 12/20/2041 | JPY | 139,050,000 | 707,447 | ||
Series 159, 0.60%, 12/20/2036 | JPY | 90,050,000 | 513,508 | ||
Series 161, 0.60%, 6/20/2037 | JPY | 116,550,000 | 658,682 | ||
Series 162, 0.60%, 9/20/2037 | JPY | 107,850,000 | 606,832 | ||
Series 163, 0.60%, 12/20/2037 | JPY | 96,000,000 | 537,990 | ||
Series 160, 0.70%, 3/20/2037 | JPY | 119,650,000 | 688,348 | ||
Series 166, 0.70%, 9/20/2038 | JPY | 104,800,000 | 586,629 |
Security Description | Principal Amount | Value | |||
Series 180, 0.80%, 3/20/2042 | JPY | 130,000,000 | $694,925 | ||
Series 181, 0.90%, 6/20/2042 | JPY | 136,500,000 | 738,947 | ||
Series 155, 1.00%, 12/20/2035 | JPY | 163,050,000 | 988,578 | ||
Series 182, 1.10%, 9/20/2042 | JPY | 210,900,000 | 1,177,387 | ||
Series 184, 1.10%, 3/20/2043 | JPY | 162,400,000 | 900,045 | ||
Series 185, 1.10%, 6/20/2043 | JPY | 240,000,000 | 1,324,983 | ||
Series 151, 1.20%, 12/20/2034 | JPY | 177,000,000 | 1,107,950 | ||
Series 152, 1.20%, 3/20/2035 | JPY | 173,100,000 | 1,080,385 | ||
Series 154, 1.20%, 9/20/2035 | JPY | 104,950,000 | 652,163 | ||
Series 153, 1.30%, 6/20/2035 | JPY | 210,000,000 | 1,320,548 | ||
1.30%, 12/20/2043 | JPY | 135,000,000 | 767,778 | ||
Series 150, 1.40%, 9/20/2034 | JPY | 172,500,000 | 1,103,524 | ||
Series 183, 1.40%, 12/20/2042 | JPY | 137,600,000 | 806,174 | ||
1.50%, 3/20/2033 | JPY | 86,200,000 | 561,618 | ||
Series 148, 1.50%, 3/20/2034 | JPY | 157,950,000 | 1,022,924 | ||
Series 149, 1.50%, 6/20/2034 | JPY | 205,900,000 | 1,331,592 | ||
Series 186, 1.50%, 9/20/2043 | JPY | 185,000,000 | 1,091,277 | ||
Series 136, 1.60%, 3/20/2032 | JPY | 112,600,000 | 740,083 | ||
Series 139, 1.60%, 6/20/2032 | JPY | 75,000,000 | 493,216 | ||
Series 143, 1.60%, 3/20/2033 | JPY | 29,850,000 | 195,981 | ||
Series 147, 1.60%, 12/20/2033 | JPY | 183,650,000 | 1,202,059 | ||
1.60%, 3/20/2044 | JPY | 110,000,000 | 656,369 | ||
Series 135, 1.70%, 3/20/2032 | JPY | 101,400,000 | 671,531 | ||
Series 137, 1.70%, 6/20/2032 | JPY | 50,000,000 | 331,108 | ||
Series 140, 1.70%, 9/20/2032 | JPY | 84,000,000 | 556,245 | ||
Series 141, 1.70%, 12/20/2032 | JPY | 100,000,000 | 662,247 | ||
Series 145, 1.70%, 6/20/2033 | JPY | 200,750,000 | 1,327,726 | ||
Series 146, 1.70%, 9/20/2033 | JPY | 177,650,000 | 1,174,173 | ||
Series 122, 1.80%, 9/20/2030 | JPY | 95,050,000 | 631,498 | ||
Series 130, 1.80%, 9/20/2031 | JPY | 152,100,000 | 1,013,669 |
Security Description | Principal Amount | Value | |||
Series 133, 1.80%, 12/20/2031 | JPY | 86,550,000 | $576,973 | ||
Series 134, 1.80%, 3/20/2032 | JPY | 75,000,000 | 500,084 | ||
Series 142, 1.80%, 12/20/2032 | JPY | 33,450,000 | 223,160 | ||
Series 108, 1.90%, 12/20/2028 | JPY | 79,500,000 | 523,812 | ||
Series 109, 1.90%, 3/20/2029 | JPY | 54,300,000 | 358,402 | ||
Series 121, 1.90%, 9/20/2030 | JPY | 88,200,000 | 589,234 | ||
Series 93, 2.00%, 3/20/2027 | JPY | 86,750,000 | 562,958 | ||
Series 82, 2.10%, 9/20/2025 | JPY | 45,000,000 | 286,209 | ||
Series 92, 2.10%, 12/20/2026 | JPY | 112,600,000 | 729,870 | ||
Series 94, 2.10%, 3/20/2027 | JPY | 135,800,000 | 883,536 | ||
Series 96, 2.10%, 6/20/2027 | JPY | 47,800,000 | 312,156 | ||
Series 99, 2.10%, 12/20/2027 | JPY | 92,250,000 | 606,392 | ||
Series 105, 2.10%, 9/20/2028 | JPY | 82,550,000 | 547,280 | ||
Series 107, 2.10%, 12/20/2028 | JPY | 50,000,000 | 332,155 | ||
Series 113, 2.10%, 9/20/2029 | JPY | 150,750,000 | 1,009,498 | ||
Series 117, 2.10%, 3/20/2030 | JPY | 167,550,000 | 1,127,353 | ||
Series 90, 2.20%, 9/20/2026 | JPY | 82,550,000 | 534,009 | ||
Series 97, 2.20%, 9/20/2027 | JPY | 136,800,000 | 899,184 | ||
Series 100, 2.20%, 3/20/2028 | JPY | 83,000,000 | 549,226 | ||
Series 106, 2.20%, 9/20/2028 | JPY | 72,200,000 | 480,539 | ||
Series 115, 2.20%, 12/20/2029 | JPY | 75,000,000 | 506,243 | ||
Series 125, 2.20%, 3/20/2031 | JPY | 56,650,000 | 386,172 | ||
Series 95, 2.30%, 6/20/2027 | JPY | 70,000,000 | 459,687 | ||
Series 102, 2.40%, 6/20/2028 | JPY | 105,800,000 | 707,307 | ||
Japan Government Two Year Bonds: | |||||
Series 450, 0.01%, 7/1/2025 | JPY | 78,950,000 | 490,019 | ||
Series 451, 0.01%, 8/1/2025 | JPY | 75,000,000 | 465,372 | ||
Series 452, 0.01%, 9/1/2025 | JPY | 153,500,000 | 952,175 |
Security Description | Principal Amount | Value | ||||
Series 453, 0.01%, 10/1/2025 | JPY | 71,800,000 | $445,235 | |||
Series 455, 0.01%, 12/1/2025 | JPY | 148,000,000 | 916,853 | |||
Series 454, 0.10%, 11/1/2025 | JPY | 196,000,000 | 1,216,355 | |||
Series 456, 0.10%, 1/1/2026 | JPY | 123,500,000 | 765,852 | |||
Series 457, 0.10%, 2/1/2026 | JPY | 157,000,000 | 973,105 | |||
0.20%, 3/1/2026 | JPY | 143,000,000 | 887,478 | |||
0.20%, 4/1/2026 | JPY | 100,000,000 | 620,316 | |||
0.30%, 5/1/2026 | JPY | 155,850,000 | 968,167 | |||
0.40%, 6/1/2026 | JPY | 111,000,000 | 690,669 | |||
0.40%, 7/1/2026 (c) | JPY | 166,000,000 | 1,032,799 | |||
198,533,974 | ||||||
LATVIA — 0.1% | ||||||
Latvia Government International Bonds: | ||||||
Series GMTN, 0.38%, 10/7/2026 | EUR | 100,000 | 99,673 | |||
Series GMTN, 1.38%, 9/23/2025 | EUR | 100,000 | 104,058 | |||
Series GMTN, 1.38%, 5/16/2036 | EUR | 350,000 | 293,593 | |||
Series GMTN, 2.25%, 2/15/2047 | EUR | 100,000 | 79,786 | |||
Series GMTN, 3.50%, 1/17/2028 | EUR | 380,000 | 410,426 | |||
Series GMTN, 3.88%, 3/25/2027 | EUR | 200,000 | 216,484 | |||
1,204,020 | ||||||
LITHUANIA — 0.1% | ||||||
Lithuania Government International Bonds: | ||||||
Series EMTN, 0.50%, 7/28/2050 | EUR | 150,000 | 78,997 | |||
Series EMTN, 0.75%, 5/6/2030 | EUR | 150,000 | 138,149 | |||
Series EMTN, 0.95%, 5/26/2027 | EUR | 70,000 | 69,813 | |||
Series EMTN, 2.10%, 5/26/2047 | EUR | 255,000 | 203,113 | |||
Series EMTN, 2.13%, 10/29/2026 | EUR | 100,000 | 104,531 | |||
Series EMTN, 2.13%, 10/22/2035 | EUR | 272,000 | 252,191 | |||
Series EMTN, 3.88%, 6/14/2033 | EUR | 250,000 | 272,915 | |||
Series EMTN, 4.13%, 4/25/2028 | EUR | 150,000 | 164,685 | |||
1,284,394 |
Security Description | Principal Amount | Value | ||||
LUXEMBOURG — 0.2% | ||||||
State of the Grand-Duchy of Luxembourg: | ||||||
Zero Coupon, 11/13/2026 | EUR | 154,000 | $153,863 | |||
0.63%, 2/1/2027 | EUR | 188,000 | 189,340 | |||
1.38%, 5/25/2029 | EUR | 100,000 | 99,704 | |||
2.25%, 3/19/2028 | EUR | 80,000 | 83,609 | |||
3.00%, 3/2/2033 | EUR | 600,000 | 645,064 | |||
3.25%, 3/2/2043 | EUR | 250,000 | 268,774 | |||
1,440,354 | ||||||
MALAYSIA — 2.3% | ||||||
Malaysia Government Bonds: | ||||||
Series 0223, 3.52%, 4/20/2028 | MYR | 2,560,000 | 540,836 | |||
Series 0122, 3.58%, 7/15/2032 | MYR | 3,050,000 | 634,261 | |||
Series 0513, 3.73%, 6/15/2028 | MYR | 3,350,000 | 712,895 | |||
Series 0519, 3.76%, 5/22/2040 | MYR | 1,000,000 | 204,348 | |||
Series 0419, 3.83%, 7/5/2034 | MYR | 1,000,000 | 211,143 | |||
Series 0413, 3.84%, 4/15/2033 | MYR | 3,875,000 | 819,348 | |||
Series 0219, 3.89%, 8/15/2029 | MYR | 2,260,000 | 483,824 | |||
Series 0316, 3.90%, 11/30/2026 | MYR | 2,000,000 | 428,481 | |||
Series 0417, 3.90%, 11/16/2027 | MYR | 2,820,000 | 604,122 | |||
Series 0119, 3.91%, 7/15/2026 | MYR | 800,000 | 171,129 | |||
Series 0115, 3.96%, 9/15/2025 | MYR | 2,550,000 | 544,668 | |||
4.05%, 4/18/2039 | MYR | 1,350,000 | 287,233 | |||
Series 0120, 4.07%, 6/15/2050 | MYR | 2,175,000 | 449,322 | |||
Series 0411, 4.23%, 6/30/2031 | MYR | 1,720,000 | 373,922 | |||
Series 0415, 4.25%, 5/31/2035 | MYR | 1,350,000 | 293,531 | |||
Series 0311, 4.39%, 4/15/2026 | MYR | 300,000 | 64,661 | |||
Series 0123, 4.46%, 3/31/2053 | MYR | 2,500,000 | 549,364 | |||
Series 0322, 4.50%, 4/30/2029 | MYR | 4,375,000 | 961,485 | |||
Series 0222, 4.70%, 10/15/2042 | MYR | 2,110,000 | 480,401 | |||
Series 0216, 4.74%, 3/15/2046 | MYR | 2,670,000 | 609,523 | |||
Series 0317, 4.76%, 4/7/2037 | MYR | 2,870,000 | 654,205 |
Security Description | Principal Amount | Value | ||||
Series 0713, 4.94%, 9/30/2043 | MYR | 1,910,000 | $446,491 | |||
Malaysia Government Investment Issue: | ||||||
Series 0120, 3.42%, 9/30/2027 | MYR | 1,705,000 | 359,992 | |||
Series 0121, 3.45%, 7/15/2036 | MYR | 1,000,000 | 201,317 | |||
Series 0220, 3.47%, 10/15/2030 | MYR | 1,800,000 | 375,110 | |||
Series 123, 3.60%, 7/31/2028 | MYR | 1,570,000 | 332,402 | |||
Series 0319, 3.73%, 3/31/2026 | MYR | 2,775,000 | 591,177 | |||
3.80%, 10/8/2031 | MYR | 2,200,000 | 466,543 | |||
Series 0113, 3.87%, 8/8/2028 | MYR | 1,250,000 | 267,274 | |||
Series 0415, 3.99%, 10/15/2025 | MYR | 1,250,000 | 267,224 | |||
Series 0316, 4.07%, 9/30/2026 | MYR | 3,900,000 | 837,452 | |||
Series 0619, 4.12%, 11/30/2034 | MYR | 2,275,000 | 491,992 | |||
Series 0122, 4.19%, 10/7/2032 | MYR | 2,175,000 | 471,800 | |||
Series 0315, 4.25%, 9/30/2030 | MYR | 1,000,000 | 217,624 | |||
Series 0117, 4.26%, 7/26/2027 | MYR | 1,220,000 | 263,902 | |||
4.28%, 3/23/2054 | MYR | 500,000 | 106,659 | |||
Series 0223, 4.29%, 8/14/2043 | MYR | 2,550,000 | 551,366 | |||
Series 0221, 4.42%, 9/30/2041 | MYR | 1,500,000 | 331,069 | |||
Series 0219, 4.47%, 9/15/2039 | MYR | 1,125,000 | 250,755 | |||
Series 0513, 4.58%, 8/30/2033 | MYR | 2,978,000 | 665,607 | |||
Series 0617, 4.72%, 6/15/2033 | MYR | 1,600,000 | 360,881 | |||
Series 0517, 4.76%, 8/4/2037 | MYR | 2,100,000 | 479,157 | |||
Series 0615, 4.79%, 10/31/2035 | MYR | 2,520,000 | 575,577 | |||
Series 0417, 4.90%, 5/8/2047 | MYR | 1,530,000 | 356,740 | |||
Series 0913, 4.94%, 12/6/2028 | MYR | 725,000 | 161,684 | |||
Series 0222, 5.36%, 5/15/2052 | MYR | 1,650,000 | 411,669 | |||
19,920,166 | ||||||
MEXICO — 1.9% | ||||||
Mexico Bonos: | ||||||
Series M, 5.50%, 3/4/2027 | MXN | 21,070,000 | 1,023,293 | |||
Series M, 5.75%, 3/5/2026 | MXN | 33,453,000 | 1,690,771 |
Security Description | Principal Amount | Value | ||||
Series M, 7.00%, 9/3/2026 | MXN | 20,960,000 | $1,065,119 | |||
Series M 20, 7.50%, 6/3/2027 | MXN | 33,677,000 | 1,712,590 | |||
Series M, 7.50%, 5/26/2033 | MXN | 23,372,000 | 1,099,649 | |||
Series M, 7.75%, 5/29/2031 | MXN | 43,679,000 | 2,128,711 | |||
Series M, 7.75%, 11/23/2034 | MXN | 6,327,000 | 297,750 | |||
Series M, 7.75%, 11/13/2042 | MXN | 23,975,000 | 1,056,235 | |||
Series M, 8.00%, 11/7/2047 | MXN | 22,858,000 | 1,020,388 | |||
Series M, 8.00%, 7/31/2053 | MXN | 21,080,000 | 930,549 | |||
Series M, 8.50%, 3/1/2029 | MXN | 10,050,000 | 517,195 | |||
Series M 20, 8.50%, 5/31/2029 | MXN | 32,070,000 | 1,650,214 | |||
Series M 30, 8.50%, 11/18/2038 | MXN | 26,713,000 | 1,294,300 | |||
Series M 30, 10.00%, 11/20/2036 | MXN | 12,030,000 | 662,175 | |||
16,148,939 | ||||||
NETHERLANDS — 3.4% | ||||||
Netherlands Government Bonds: | ||||||
Zero Coupon, 1/15/2026 (a) | EUR | 1,209,000 | 1,238,798 | |||
Zero Coupon, 1/15/2027 (a) | EUR | 1,289,900 | 1,289,487 | |||
Zero Coupon, 1/15/2029 (a) | EUR | 1,264,000 | 1,199,884 | |||
Zero Coupon, 7/15/2030 (a) | EUR | 1,262,000 | 1,151,993 | |||
Zero Coupon, 7/15/2031 (a) | EUR | 1,138,000 | 1,009,471 | |||
Zero Coupon, 1/15/2038 (a) | EUR | 765,000 | 554,075 | |||
Zero Coupon, 1/15/2052 (a) | EUR | 1,298,000 | 647,700 | |||
0.25%, 7/15/2025 (a) | EUR | 675,000 | 702,158 | |||
0.25%, 7/15/2029 (a) | EUR | 1,012,000 | 962,191 | |||
0.50%, 7/15/2026 (a) | EUR | 1,475,000 | 1,508,946 | |||
0.50%, 7/15/2032 (a) | EUR | 832,000 | 748,782 | |||
0.50%, 1/15/2040 (a) | EUR | 847,000 | 636,629 | |||
0.75%, 7/15/2027 (a) | EUR | 1,487,000 | 1,503,184 | |||
0.75%, 7/15/2028 (a) | EUR | 1,830,000 | 1,817,571 | |||
2.00%, 1/15/2054 (a) | EUR | 987,000 | 869,728 | |||
2.50%, 1/15/2030 (a) | EUR | 1,011,000 | 1,071,668 | |||
2.50%, 1/15/2033 (a) | EUR | 1,652,000 | 1,738,294 | |||
2.50%, 7/15/2033 (a) | EUR | 936,000 | 980,872 | |||
2.50%, 7/15/2034 (a) | EUR | 650,000 | 677,271 | |||
2.75%, 1/15/2047 (a) | EUR | 2,283,000 | 2,382,108 | |||
3.75%, 1/15/2042 (a) | EUR | 2,153,000 | 2,560,751 |
Security Description | Principal Amount | Value | ||||
4.00%, 1/15/2037 (a) | EUR | 2,210,000 | $2,639,072 | |||
5.50%, 1/15/2028 (a) | EUR | 1,470,000 | 1,721,778 | |||
29,612,411 | ||||||
NEW ZEALAND — 0.7% | ||||||
New Zealand Government Bonds: | ||||||
0.25%, 5/15/2028 | NZD | 600,000 | 310,070 | |||
0.50%, 5/15/2026 | NZD | 875,000 | 491,796 | |||
Series 0531, 1.50%, 5/15/2031 | NZD | 717,000 | 358,497 | |||
Series 0541, 1.75%, 5/15/2041 | NZD | 545,000 | 211,130 | |||
Series 0532, 2.00%, 5/15/2032 | NZD | 754,000 | 380,687 | |||
Series 0437, 2.75%, 4/15/2037 | NZD | 601,000 | 293,931 | |||
Series 0551, 2.75%, 5/15/2051 | NZD | 730,000 | 298,620 | |||
Series 0429, 3.00%, 4/20/2029 | NZD | 1,508,000 | 858,657 | |||
Series 0433, 3.50%, 4/14/2033 | NZD | 1,576,000 | 881,415 | |||
Series 534, 4.25%, 5/15/2034 | NZD | 900,000 | 529,988 | |||
Series 0427, 4.50%, 4/15/2027 | NZD | 1,378,000 | 835,671 | |||
Series 0530, 4.50%, 5/15/2030 | NZD | 950,000 | 577,574 | |||
5.00%, 5/15/2054 | NZD | 300,000 | 182,816 | |||
6,210,852 | ||||||
NORWAY — 0.4% | ||||||
Norway Government Bonds: | ||||||
Series 483, 1.25%, 9/17/2031 (a) | NOK | 4,298,000 | 343,407 | |||
Series 482, 1.38%, 8/19/2030 (a) | NOK | 2,813,000 | 231,621 | |||
Series 478, 1.50%, 2/19/2026 (a) | NOK | 4,138,000 | 373,440 | |||
Series 479, 1.75%, 2/17/2027 (a) | NOK | 5,005,000 | 446,987 | |||
Series 481, 1.75%, 9/6/2029 (a) | NOK | 4,245,000 | 363,667 | |||
Series 480, 2.00%, 4/26/2028 (a) | NOK | 4,734,000 | 419,029 | |||
Series 484, 2.13%, 5/18/2032 (a) | NOK | 4,440,000 | 374,097 | |||
Series 486, 3.00%, 8/15/2033 (a) | NOK | 5,200,000 | 464,592 | |||
Series 485, 3.50%, 10/6/2042 (a) | NOK | 2,525,000 | 236,429 | |||
3.63%, 4/13/2034 (a) | NOK | 1,400,000 | 131,431 | |||
3,384,700 |
Security Description | Principal Amount | Value | ||||
PERU — 0.4% | ||||||
Peru Government Bonds: | ||||||
5.35%, 8/12/2040 | PEN | 800,000 | $168,236 | |||
5.40%, 8/12/2034 | PEN | 645,000 | 147,957 | |||
5.94%, 2/12/2029 | PEN | 955,000 | 250,675 | |||
6.15%, 8/12/2032 | PEN | 940,000 | 236,279 | |||
6.35%, 8/12/2028 | PEN | 1,025,000 | 274,929 | |||
6.90%, 8/12/2037 | PEN | 3,450,000 | 860,950 | |||
7.30%, 8/12/2033 (a) | PEN | 2,350,000 | 628,953 | |||
7.60%, 8/12/2039 (a) (c) | PEN | 775,000 | 203,900 | |||
8.20%, 8/12/2026 | PEN | 1,650,000 | 455,767 | |||
3,227,646 | ||||||
POLAND — 1.3% | ||||||
Republic of Poland Government Bonds: | ||||||
Series 1025, Zero Coupon, 10/25/2025 | PLN | 2,037,000 | 475,496 | |||
Zero Coupon, 4/25/2026 | PLN | 1,600,000 | 363,498 | |||
Series 1030, 1.25%, 10/25/2030 | PLN | 2,874,000 | 555,475 | |||
Series 0432, 1.75%, 4/25/2032 | PLN | 3,425,000 | 647,822 | |||
Series 0726, 2.50%, 7/25/2026 | PLN | 4,750,000 | 1,122,379 | |||
Series 0727, 2.50%, 7/25/2027 | PLN | 3,581,000 | 821,981 | |||
Series 0428, 2.75%, 4/25/2028 | PLN | 4,876,000 | 1,106,087 | |||
Series 1029, 2.75%, 10/25/2029 | PLN | 5,550,000 | 1,211,108 | |||
Series 0725, 3.25%, 7/25/2025 | PLN | 2,978,000 | 727,875 | |||
Series 0527, 3.75%, 5/25/2027 | PLN | 4,309,000 | 1,028,415 | |||
Series 0447, 4.00%, 4/25/2047 | PLN | 315,000 | 62,529 | |||
4.75%, 7/25/2029 | PLN | 1,850,000 | 445,636 | |||
5.00%, 10/25/2034 | PLN | 1,100,000 | 258,106 | |||
Series 0429, 5.75%, 4/25/2029 | PLN | 885,000 | 222,612 | |||
Series 1033, 6.00%, 10/25/2033 | PLN | 3,675,000 | 936,519 | |||
Series 728, 7.50%, 7/25/2028 | PLN | 5,217,000 | 1,394,232 | |||
11,379,770 | ||||||
PORTUGAL — 1.6% | ||||||
Portugal Obrigacoes do Tesouro OT: | ||||||
0.30%, 10/17/2031 (a) | EUR | 746,000 | 662,327 | |||
0.48%, 10/18/2030 (a) | EUR | 750,000 | 694,084 | |||
0.70%, 10/15/2027 (a) | EUR | 294,000 | 294,204 | |||
0.90%, 10/12/2035 (a) | EUR | 454,000 | 377,018 | |||
1.00%, 4/12/2052 (a) | EUR | 441,000 | 252,863 |
Security Description | Principal Amount | Value | ||||
1.15%, 4/11/2042 (a) | EUR | 112,000 | $82,081 | |||
1.65%, 7/16/2032 (a) | EUR | 544,000 | 525,993 | |||
1.95%, 6/15/2029 (a) | EUR | 895,400 | 921,188 | |||
2.13%, 10/17/2028 (a) | EUR | 1,441,000 | 1,503,519 | |||
Series 15Y, 2.25%, 4/18/2034 (a) | EUR | 858,000 | 848,204 | |||
2.88%, 10/15/2025 (a) | EUR | 1,037,000 | 1,106,757 | |||
2.88%, 7/21/2026 (a) | EUR | 1,101,000 | 1,177,642 | |||
3.50%, 6/18/2038 (a) | EUR | 430,000 | 460,346 | |||
3.63%, 6/12/2054 (a) | EUR | 200,000 | 206,585 | |||
3.88%, 2/15/2030 (a) | EUR | 1,031,000 | 1,161,991 | |||
4.10%, 4/15/2037 (a) | EUR | 1,358,000 | 1,558,590 | |||
4.10%, 2/15/2045 (a) | EUR | 695,000 | 789,112 | |||
4.13%, 4/14/2027 (a) | EUR | 819,000 | 906,994 | |||
13,529,498 | ||||||
ROMANIA — 0.6% | ||||||
Romania Government Bonds: | ||||||
Series 7Y, 2.50%, 10/25/2027 | RON | 1,250,000 | 239,108 | |||
Series 5Y, 3.25%, 6/24/2026 | RON | 2,410,000 | 491,917 | |||
Series 4Y, 3.50%, 11/25/2025 | RON | 725,000 | 150,992 | |||
Series 15Y, 3.65%, 9/24/2031 | RON | 1,100,000 | 194,435 | |||
Series 8Y, 4.15%, 1/26/2028 | RON | 1,600,000 | 321,103 | |||
Series 10YR, 4.15%, 10/24/2030 | RON | 1,225,000 | 229,360 | |||
Series 5Y, 4.25%, 4/28/2036 | RON | 475,000 | 80,412 | |||
Series 15Y, 4.75%, 10/11/2034 | RON | 900,000 | 163,915 | |||
Series 7Y, 4.85%, 4/22/2026 | RON | 1,725,000 | 363,621 | |||
Series 8Y, 4.85%, 7/25/2029 | RON | 1,715,000 | 341,910 | |||
Series 10Y, 5.00%, 2/12/2029 | RON | 3,430,000 | 692,627 | |||
6.30%, 4/25/2029 | RON | 950,000 | 202,122 | |||
Series 10Y, 6.70%, 2/25/2032 | RON | 1,645,000 | 350,898 | |||
Series 4Y, 7.20%, 10/28/2026 | RON | 940,000 | 206,399 | |||
Series 4Y, 7.20%, 5/31/2027 | RON | 1,450,000 | 320,057 | |||
Series 15Y, 7.90%, 2/24/2038 | RON | 1,300,000 | 302,222 | |||
Series 7Y, 8.00%, 4/29/2030 | RON | 400,000 | 91,148 | |||
Series 10Y, 8.25%, 9/29/2032 | RON | 2,775,000 | 647,130 | |||
5,389,376 |
Security Description | Principal Amount | Value | ||||
SINGAPORE — 1.0% | ||||||
Singapore Government Bonds: | ||||||
0.50%, 11/1/2025 | SGD | 359,000 | $254,538 | |||
1.25%, 11/1/2026 | SGD | 577,000 | 405,511 | |||
1.63%, 7/1/2031 | SGD | 425,000 | 282,675 | |||
1.88%, 3/1/2050 | SGD | 359,000 | 208,208 | |||
1.88%, 10/1/2051 | SGD | 345,000 | 197,866 | |||
2.13%, 6/1/2026 | SGD | 875,000 | 630,077 | |||
2.25%, 8/1/2036 | SGD | 712,000 | 475,192 | |||
2.38%, 7/1/2039 | SGD | 415,000 | 275,454 | |||
2.63%, 5/1/2028 | SGD | 715,000 | 516,077 | |||
2.63%, 8/1/2032 | SGD | 610,000 | 431,197 | |||
2.75%, 4/1/2042 | SGD | 836,000 | 583,550 | |||
2.75%, 3/1/2046 | SGD | 985,000 | 684,111 | |||
2.88%, 9/1/2027 | SGD | 138,000 | 100,676 | |||
2.88%, 8/1/2028 | SGD | 250,000 | 182,107 | |||
2.88%, 7/1/2029 | SGD | 720,000 | 522,608 | |||
2.88%, 9/1/2030 | SGD | 1,225,000 | 886,086 | |||
3.00%, 4/1/2029 | SGD | 750,000 | 548,185 | |||
3.00%, 8/1/2072 | SGD | 475,000 | 345,231 | |||
3.25%, 6/1/2054 | SGD | 225,000 | 172,994 | |||
3.38%, 9/1/2033 | SGD | 1,055,000 | 788,808 | |||
3.50%, 3/1/2027 | SGD | 730,000 | 541,339 | |||
9,032,490 | ||||||
SLOVAKIA — 0.6% | ||||||
Slovakia Government Bonds: | ||||||
Series 241, 0.13%, 6/17/2027 | EUR | 100,000 | 97,791 | |||
Series 242, 0.38%, 4/21/2036 | EUR | 250,000 | 179,514 | |||
Series 234, 1.00%, 6/12/2028 | EUR | 244,000 | 240,402 | |||
Series 237, 1.00%, 10/9/2030 | EUR | 286,000 | 265,607 | |||
Series 239, 1.00%, 5/14/2032 | EUR | 150,000 | 133,641 | |||
Series 228, 1.38%, 1/21/2027 | EUR | 209,000 | 213,656 | |||
Series 229, 1.63%, 1/21/2031 | EUR | 314,000 | 300,119 | |||
Series 232, 1.88%, 3/9/2037 | EUR | 214,000 | 183,132 | |||
Series 233, 2.00%, 10/17/2047 | EUR | 380,000 | 281,688 | |||
Series 235, 2.25%, 6/12/2068 | EUR | 71,000 | 49,794 | |||
Series 227, 3.63%, 1/16/2029 | EUR | 584,000 | 640,778 | |||
Series 247, 3.63%, 6/8/2033 | EUR | 332,000 | 357,180 | |||
Series 245, 3.75%, 2/23/2035 | EUR | 100,000 | 106,362 | |||
4.00%, 10/19/2032 | EUR | 1,086,000 | 1,195,847 |
Security Description | Principal Amount | Value | ||||
Series 246, 4.00%, 2/23/2043 | EUR | 225,000 | $239,662 | |||
Series 216, 4.35%, 10/14/2025 | EUR | 255,000 | 275,912 | |||
4,761,085 | ||||||
SLOVENIA — 0.3% | ||||||
Slovenia Government Bonds: | ||||||
Series RS82, 0.28%, 1/14/2030 | EUR | 150,000 | 138,930 | |||
Series RS80, 1.00%, 3/6/2028 | EUR | 204,000 | 204,285 | |||
1.18%, 2/13/2062 | EUR | 185,000 | 103,639 | |||
Series RS81, 1.19%, 3/14/2029 | EUR | 220,000 | 218,004 | |||
Series RS79, 1.25%, 3/22/2027 | EUR | 262,000 | 268,452 | |||
Series RS74, 1.50%, 3/25/2035 | EUR | 125,000 | 112,021 | |||
Series RS78, 1.75%, 11/3/2040 | EUR | 234,000 | 196,027 | |||
Series RS75, 2.13%, 7/28/2025 | EUR | 101,000 | 106,875 | |||
Series RS77, 2.25%, 3/3/2032 | EUR | 564,000 | 566,506 | |||
Series RS76, 3.13%, 8/7/2045 | EUR | 498,000 | 492,538 | |||
Series RS70, 5.13%, 3/30/2026 | EUR | 375,000 | 416,214 | |||
2,823,491 | ||||||
SOUTH KOREA — 4.6% | ||||||
Korea Treasury Bonds: | ||||||
Series 2603, 1.25%, 3/10/2026 | KRW | 675,000,000 | 474,169 | |||
Series 3006, 1.38%, 6/10/2030 | KRW | 1,493,000,000 | 975,843 | |||
Series 01500-2612, 1.50%, 12/10/2026 | KRW | 939,150,000 | 654,700 | |||
Series 3012, 1.50%, 12/10/2030 | KRW | 306,000,000 | 199,851 | |||
Series 3609, 1.50%, 9/10/2036 | KRW | 685,690,000 | 409,329 | |||
Series 4009, 1.50%, 9/10/2040 | KRW | 250,000,000 | 141,257 | |||
Series 5003, 1.50%, 3/10/2050 | KRW | 2,700,000,000 | 1,369,088 | |||
Series 7009, 1.63%, 9/10/2070 | KRW | 700,000,000 | 314,307 | |||
Series 2606, 1.88%, 6/10/2026 | KRW | 866,000,000 | 612,882 | |||
Series 5103, 1.88%, 3/10/2051 | KRW | 2,830,000,000 | 1,558,353 | |||
Series 3106, 2.00%, 6/10/2031 | KRW | 814,000,000 | 545,539 | |||
Series 02000-4603, 2.00%, 3/10/2046 | KRW | 975,000,000 | 570,101 |
Security Description | Principal Amount | Value | |||
Series 4903, 2.00%, 3/10/2049 | KRW | 1,639,000,000 | $939,967 | ||
Series 2706, 2.13%, 6/10/2027 | KRW | 657,870,000 | 463,353 | ||
Series 4703, 2.13%, 3/10/2047 | KRW | 1,270,330,000 | 756,228 | ||
Series 2512, 2.25%, 12/10/2025 | KRW | 921,000,000 | 659,405 | ||
Series 3709, 2.25%, 9/10/2037 | KRW | 500,000,000 | 323,254 | ||
Series 2703, 2.38%, 3/10/2027 | KRW | 1,200,000,000 | 852,856 | ||
Series 5203, 2.50%, 3/10/2052 | KRW | 1,848,000,000 | 1,163,914 | ||
Series 3509, 2.63%, 9/10/2035 | KRW | 839,210,000 | 572,058 | ||
Series 4803, 2.63%, 3/10/2048 | KRW | 1,440,000,000 | 938,423 | ||
Series 4412, 2.75%, 12/10/2044 | KRW | 1,248,000,000 | 836,951 | ||
Series 4212, 3.00%, 12/10/2042 | KRW | 1,921,780,000 | 1,343,051 | ||
Series 2606, 3.13%, 6/10/2026 | KRW | 748,500,000 | 542,418 | ||
Series 2709, 3.13%, 9/10/2027 | KRW | 858,000,000 | 621,652 | ||
Series 5209, 3.13%, 9/10/2052 | KRW | 1,100,000,000 | 783,970 | ||
3.25%, 3/10/2026 | KRW | 383,000,000 | 278,142 | ||
3.25%, 6/10/2027 | KRW | 250,000,000 | 181,820 | ||
Series 2803, 3.25%, 3/10/2028 | KRW | 1,172,000,000 | 852,334 | ||
3.25%, 3/10/2029 | KRW | 758,000,000 | 551,131 | ||
Series 3306, 3.25%, 6/10/2033 | KRW | 738,000,000 | 534,956 | ||
Series 4209, 3.25%, 9/10/2042 | KRW | 1,000,000,000 | 723,822 | ||
Series 5303, 3.25%, 3/10/2053 | KRW | 2,700,000,000 | 1,970,488 | ||
Series 5403, 3.25%, 3/10/2054 | KRW | 1,624,000,000 | 1,186,502 | ||
Series 3206, 3.38%, 6/10/2032 | KRW | 1,579,000,000 | 1,155,690 | ||
Series 2809, 3.50%, 9/10/2028 | KRW | 1,000,000,000 | 734,249 | ||
Series 2509, 3.63%, 9/10/2025 | KRW | 2,212,000,000 | 1,612,933 | ||
Series 5309, 3.63%, 9/10/2053 | KRW | 1,250,000,000 | 976,866 | ||
Series 3312, 3.75%, 12/10/2033 | KRW | 1,936,250,000 | 1,459,437 | ||
Series 4309, 3.88%, 9/10/2043 | KRW | 450,000,000 | 354,690 | ||
Series 3112, 4.00%, 12/10/2031 | KRW | 1,622,640,000 | 1,235,920 | ||
Series 3312, 4.13%, 12/10/2033 | KRW | 655,000,000 | 508,088 |
Security Description | Principal Amount | Value | ||||
Series 2512, 4.25%, 12/10/2025 | KRW | 1,038,000,000 | $764,248 | |||
Series 3212, 4.25%, 12/10/2032 | KRW | 1,313,000,000 | 1,022,122 | |||
Series 04750-3012, 4.75%, 12/10/2030 | KRW | 3,095,050,000 | 2,443,082 | |||
Series 05500-2803, 5.50%, 3/10/2028 | KRW | 3,337,000,000 | 2,615,273 | |||
39,784,712 | ||||||
SPAIN — 4.5% | ||||||
Spain Government Bonds: | ||||||
Zero Coupon, 1/31/2027 | EUR | 771,000 | 763,679 | |||
Zero Coupon, 1/31/2028 | EUR | 962,000 | 926,140 | |||
0.10%, 4/30/2031 (a) | EUR | 906,000 | 793,223 | |||
0.50%, 4/30/2030 (a) | EUR | 913,000 | 846,704 | |||
0.50%, 10/31/2031 (a) | EUR | 834,000 | 740,727 | |||
0.60%, 10/31/2029 (a) | EUR | 1,050,000 | 991,468 | |||
0.70%, 4/30/2032 (a) | EUR | 613,000 | 545,162 | |||
0.80%, 7/30/2027 (a) | EUR | 498,000 | 498,859 | |||
0.80%, 7/30/2029 | EUR | 1,104,000 | 1,059,356 | |||
0.85%, 7/30/2037 (a) | EUR | 315,000 | 241,681 | |||
1.00%, 7/30/2042 (a) | EUR | 149,000 | 102,237 | |||
1.00%, 10/31/2050 (a) | EUR | 550,000 | 313,088 | |||
1.20%, 10/31/2040 (a) | EUR | 250,000 | 184,957 | |||
1.25%, 10/31/2030 (a) | EUR | 828,000 | 794,205 | |||
1.30%, 10/31/2026 (a) | EUR | 976,000 | 1,004,840 | |||
1.40%, 4/30/2028 (a) | EUR | 721,000 | 728,045 | |||
1.40%, 7/30/2028 (a) | EUR | 632,000 | 635,852 | |||
1.45%, 10/31/2027 (a) | EUR | 860,000 | 876,189 | |||
1.45%, 4/30/2029 (a) | EUR | 895,000 | 892,407 | |||
1.45%, 10/31/2071 (a) | EUR | 275,000 | 140,121 | |||
1.50%, 4/30/2027 (a) | EUR | 897,000 | 921,397 | |||
1.85%, 7/30/2035 (a) | EUR | 316,000 | 289,329 | |||
1.90%, 10/31/2052 (a) | EUR | 400,000 | 281,270 | |||
1.95%, 4/30/2026 (a) | EUR | 751,000 | 787,855 | |||
1.95%, 7/30/2030 (a) | EUR | 826,000 | 831,141 | |||
2.15%, 10/31/2025 (a) | EUR | 808,000 | 853,754 | |||
2.35%, 7/30/2033 (a) | EUR | 911,000 | 904,632 | |||
2.55%, 10/31/2032 (a) | EUR | 1,042,000 | 1,061,344 | |||
Series 30Y, 2.70%, 10/31/2048 (a) | EUR | 665,000 | 581,008 | |||
2.80%, 5/31/2026 | EUR | 969,000 | 1,031,568 | |||
2.90%, 10/31/2046 (a) | EUR | 706,000 | 649,030 | |||
3.15%, 4/30/2033 (a) | EUR | 1,082,000 | 1,147,894 | |||
3.45%, 7/30/2043 (a) | EUR | 444,000 | 450,059 | |||
3.45%, 7/30/2066 (a) | EUR | 692,000 | 657,391 | |||
3.50%, 5/31/2029 | EUR | 200,000 | 218,654 | |||
3.55%, 10/31/2033 (a) | EUR | 956,000 | 1,042,022 | |||
3.90%, 7/30/2039 (a) | EUR | 500,000 | 547,005 | |||
4.20%, 1/31/2037 (a) | EUR | 1,673,000 | 1,911,325 | |||
4.65%, 7/30/2025 (a) | EUR | 1,320,000 | 1,432,799 | |||
4.70%, 7/30/2041 (a) | EUR | 1,060,000 | 1,268,963 | |||
4.90%, 7/30/2040 (a) | EUR | 1,237,000 | 1,507,202 |
Security Description | Principal Amount | Value | ||||
5.15%, 10/31/2028 (a) | EUR | 1,016,000 | $1,181,649 | |||
5.15%, 10/31/2044 (a) | EUR | 1,140,000 | 1,444,733 | |||
5.75%, 7/30/2032 | EUR | 1,466,000 | 1,852,569 | |||
5.90%, 7/30/2026 (a) | EUR | 1,604,000 | 1,812,973 | |||
6.00%, 1/31/2029 | EUR | 978,000 | 1,180,650 | |||
38,927,156 | ||||||
SWEDEN — 0.4% | ||||||
Sweden Government Bonds: | ||||||
Series 1062, 0.13%, 5/12/2031 | SEK | 4,155,000 | 342,128 | |||
Series 1063, 0.50%, 11/24/2045 | SEK | 2,155,000 | 142,645 | |||
Series 1060, 0.75%, 5/12/2028 | SEK | 6,465,000 | 577,431 | |||
Series 1061, 0.75%, 11/12/2029 | SEK | 5,815,000 | 513,566 | |||
Series 1059, 1.00%, 11/12/2026 | SEK | 7,570,000 | 691,906 | |||
Series 1064, 1.38%, 6/23/2071 | SEK | 1,455,000 | 94,020 | |||
Series 1065, 1.75%, 11/11/2033 | SEK | 2,700,000 | 245,160 | |||
Series 1056, 2.25%, 6/1/2032 | SEK | 4,730,000 | 448,747 | |||
Series 1053, 3.50%, 3/30/2039 | SEK | 4,545,000 | 491,829 | |||
Sweden Government International Bonds 0.13%, 9/9/2030 | SEK | 2,000,000 | 166,990 | |||
3,714,422 | ||||||
SWITZERLAND — 0.9% | ||||||
Swiss Confederation Government Bonds: | ||||||
Zero Coupon, 6/22/2029 | CHF | 302,000 | 325,591 | |||
Zero Coupon, 6/26/2034 | CHF | 310,000 | 326,112 | |||
Zero Coupon, 7/24/2039 | CHF | 220,000 | 224,897 | |||
0.25%, 6/23/2035 | CHF | 109,000 | 117,339 | |||
0.50%, 5/27/2030 | CHF | 327,000 | 361,594 | |||
0.50%, 6/27/2032 | CHF | 275,000 | 304,262 | |||
0.50%, 6/28/2045 | CHF | 145,000 | 158,493 | |||
0.50%, 5/30/2058 | CHF | 184,000 | 204,134 | |||
1.25%, 5/28/2026 | CHF | 220,000 | 246,997 | |||
1.25%, 6/27/2037 | CHF | 166,000 | 201,039 | |||
1.25%, 6/28/2043 | CHF | 191,000 | 237,441 | |||
1.50%, 7/24/2025 | CHF | 225,000 | 251,949 | |||
1.50%, 10/26/2038 | CHF | 170,000 | 213,444 | |||
1.50%, 4/30/2042 | CHF | 385,000 | 495,431 | |||
2.00%, 6/25/2064 | CHF | 519,000 | 900,013 | |||
2.25%, 6/22/2031 | CHF | 625,000 | 774,796 | |||
2.50%, 3/8/2036 | CHF | 385,000 | 523,587 | |||
3.25%, 6/27/2027 | CHF | 270,000 | 322,952 |
Security Description | Principal Amount | Value | ||||
3.50%, 4/8/2033 | CHF | 449,000 | $625,220 | |||
4.00%, 4/8/2028 | CHF | 420,000 | 525,051 | |||
4.00%, 1/6/2049 | CHF | 275,000 | 545,523 | |||
7,885,865 | ||||||
THAILAND — 1.8% | ||||||
Thailand Government Bonds: | ||||||
Series LB, 1.00%, 6/17/2027 | THB | 12,850,000 | 336,227 | |||
1.59%, 12/17/2035 | THB | 8,750,000 | 210,147 | |||
1.60%, 6/17/2035 | THB | 6,225,000 | 150,763 | |||
1.88%, 6/17/2049 | THB | 4,500,000 | 91,029 | |||
2.00%, 12/17/2031 | THB | 28,900,000 | 754,084 | |||
2.00%, 6/17/2042 | THB | 9,100,000 | 208,426 | |||
2.13%, 12/17/2026 | THB | 21,125,000 | 572,327 | |||
2.25%, 3/17/2027 | THB | 23,250,000 | 631,113 | |||
2.35%, 6/17/2026 | THB | 24,620,000 | 670,738 | |||
2.40%, 3/17/2029 | THB | 24,850,000 | 674,225 | |||
2.65%, 6/17/2028 | THB | 23,850,000 | 654,413 | |||
2.80%, 6/17/2034 | THB | 13,000,000 | 356,896 | |||
2.88%, 12/17/2028 | THB | 21,750,000 | 602,986 | |||
2.88%, 6/17/2046 | THB | 18,350,000 | 461,453 | |||
3.14%, 6/17/2047 | THB | 13,900,000 | 365,470 | |||
3.30%, 6/17/2038 | THB | 24,300,000 | 688,629 | |||
3.35%, 6/17/2033 | THB | 26,350,000 | 754,528 | |||
3.39%, 6/17/2037 | THB | 17,100,000 | 490,092 | |||
3.40%, 6/17/2036 | THB | 17,710,000 | 507,431 | |||
3.45%, 6/17/2043 | THB | 16,500,000 | 461,074 | |||
3.60%, 6/17/2067 | THB | 16,750,000 | 436,278 | |||
3.78%, 6/25/2032 | THB | 25,250,000 | 743,211 | |||
3.85%, 12/12/2025 | THB | 31,625,000 | 879,877 | |||
4.00%, 6/17/2066 | THB | 16,920,000 | 478,524 | |||
4.00%, 6/17/2072 | THB | 9,500,000 | 265,881 | |||
4.26%, 12/12/2037 | THB | 32,100,000 | 979,020 | |||
4.68%, 6/29/2044 | THB | 18,340,000 | 596,850 | |||
4.85%, 6/17/2061 | THB | 19,010,000 | 626,757 | |||
4.88%, 6/22/2029 | THB | 41,255,000 | 1,247,702 | |||
15,896,151 | ||||||
UNITED KINGDOM — 4.9% | ||||||
U.K. Gilts: | ||||||
0.13%, 1/31/2028 | GBP | 504,000 | 553,900 | |||
0.25%, 7/31/2031 | GBP | 810,000 | 787,625 | |||
0.38%, 10/22/2026 | GBP | 593,000 | 686,002 | |||
0.50%, 1/31/2029 | GBP | 447,000 | 482,173 | |||
0.50%, 10/22/2061 | GBP | 702,000 | 263,025 | |||
0.63%, 7/31/2035 | GBP | 193,000 | 166,559 | |||
0.63%, 10/22/2050 | GBP | 623,000 | 314,384 | |||
0.88%, 10/22/2029 | GBP | 735,000 | 793,147 | |||
0.88%, 7/31/2033 | GBP | 435,000 | 415,015 | |||
0.88%, 1/31/2046 | GBP | 328,000 | 204,456 | |||
1.00%, 1/31/2032 | GBP | 894,000 | 905,701 | |||
1.13%, 10/22/2073 | GBP | 329,000 | 149,946 | |||
1.25%, 7/22/2027 | GBP | 975,000 | 1,131,401 | |||
1.25%, 7/31/2051 | GBP | 329,000 | 200,916 |
Security Description | Principal Amount | Value | ||||
1.50%, 7/22/2026 | GBP | 600,000 | $717,426 | |||
1.50%, 7/22/2047 | GBP | 369,000 | 260,561 | |||
1.50%, 7/31/2053 | GBP | 225,000 | 143,292 | |||
1.63%, 10/22/2028 | GBP | 854,000 | 978,820 | |||
1.63%, 10/22/2054 | GBP | 688,000 | 448,939 | |||
1.63%, 10/22/2071 | GBP | 416,000 | 238,427 | |||
1.75%, 1/22/2049 | GBP | 461,000 | 337,995 | |||
1.75%, 7/22/2057 | GBP | 644,000 | 426,677 | |||
2.50%, 7/22/2065 | GBP | 375,000 | 296,700 | |||
3.25%, 1/31/2033 | GBP | 1,135,000 | 1,344,584 | |||
3.25%, 1/22/2044 | GBP | 809,000 | 843,896 | |||
3.50%, 10/22/2025 | GBP | 1,046,000 | 1,301,079 | |||
3.50%, 1/22/2045 | GBP | 896,000 | 963,305 | |||
3.50%, 7/22/2068 | GBP | 416,000 | 425,164 | |||
3.75%, 3/7/2027 | GBP | 750,000 | 931,929 | |||
3.75%, 1/29/2038 | GBP | 546,000 | 644,921 | |||
3.75%, 7/22/2052 | GBP | 1,034,000 | 1,125,526 | |||
3.75%, 10/22/2053 | GBP | 647,000 | 699,526 | |||
4.00%, 1/22/2060 | GBP | 795,000 | 901,750 | |||
4.00%, 10/22/2063 | GBP | 400,000 | 451,840 | |||
4.13%, 1/29/2027 | GBP | 2,138,000 | 2,685,375 | |||
4.25%, 12/7/2027 | GBP | 1,452,000 | 1,842,645 | |||
4.25%, 6/7/2032 | GBP | 1,228,000 | 1,573,115 | |||
4.25%, 3/7/2036 | GBP | 715,000 | 901,382 | |||
4.25%, 9/7/2039 | GBP | 745,000 | 918,775 | |||
4.25%, 12/7/2040 | GBP | 842,000 | 1,031,270 | |||
4.25%, 12/7/2046 | GBP | 1,488,000 | 1,776,774 | |||
4.25%, 12/7/2049 | GBP | 765,000 | 909,304 | |||
4.25%, 12/7/2055 | GBP | 789,000 | 933,742 | |||
4.50%, 6/7/2028 | GBP | 1,070,000 | 1,367,998 | |||
4.50%, 9/7/2034 | GBP | 2,255,000 | 2,917,860 | |||
4.50%, 12/7/2042 | GBP | 931,000 | 1,165,696 | |||
4.63%, 1/31/2034 | GBP | 550,000 | 719,321 | |||
4.75%, 12/7/2030 | GBP | 1,377,000 | 1,812,511 | |||
4.75%, 12/7/2038 | GBP | 821,000 | 1,073,734 | |||
6.00%, 12/7/2028 | GBP | 482,000 | 657,134 | |||
42,823,243 | ||||||
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $1,028,230,548) | 856,993,640 |
Shares | |||
SHORT-TERM INVESTMENT — 0.0% (b) | |||
State Street Institutional U.S. Government Money Market Fund, Class G Shares 5.29% (d) (e) (Cost $379,899) | 379,899 | 379,899 | |
TOTAL INVESTMENTS — 99.0% (Cost $1,028,610,447) | 857,373,539 | ||
OTHER ASSETS IN EXCESS OF LIABILITIES — 1.0% | 8,598,157 | ||
NET ASSETS — 100.0% | $865,971,696 |
(a) | Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 24.1% of net assets as of June 30, 2024, are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
(b) | Amount is less than 0.05% of net assets. |
(c) | When-issued security. |
(d) | The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended June 30, 2024 are shown in the Affiliate Table below. |
(e) | The rate shown is the annualized seven-day yield at June 30, 2024. |
EMTN | Euro Medium Term Note |
GMTN | Global Medium Term Note |
AUD | Australian Dollar |
CAD | Canadian Dollar |
CHF | Swiss Franc |
CLP | Chilean Peso |
CNY | China Yuan Renminbi |
COP | Colombian Peso |
CZK | Czech Koruna |
DKK | Danish Krone |
EUR | Euro |
GBP | British Pound |
HKD | Hong Kong Dollar |
HUF | Hungary Forint |
IDR | Indonesia Rupiah |
ILS | Israeli New Shekel |
JPY | Japanese Yen |
KRW | South Korean Won |
MXN | Mexican Peso |
MYR | Malaysian Ringgit |
NOK | Norwegian Krone |
NZD | New Zealand Dollar |
PEN | Peru Nuevo Sol |
PLN | Polish Zloty |
RON | Romania New Leu |
SEK | Swedish Krona |
SGD | Singapore Dollar |
THB | Thai Baht |
Description | Level 1 – Quoted Prices | Level 2 – Other Significant Observable Inputs | Level 3 – Significant Unobservable Inputs | Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Foreign Government Obligations | $— | $856,993,640 | $— | $856,993,640 | ||||
Short-Term Investment | 379,899 | — | — | 379,899 | ||||
TOTAL INVESTMENTS | $379,899 | $856,993,640 | $— | $857,373,539 |
Number of Shares Held at 12/31/23 | Value at 12/31/23 | Cost of Purchases | Proceeds from Shares Sold | Realized Gain (Loss) | Change in Unrealized Appreciation/ Depreciation | Number of Shares Held at 6/30/24 | Value at 6/30/24 | Dividend Income | |||||||||
State Street Institutional U.S. Government Money Market Fund, Class G Shares | 31,458,759 | $31,458,759 | $41,901,058 | $72,979,918 | $— | $— | 379,899 | $379,899 | $26,993 |
Security Description | Principal Amount | Value | ||||
FOREIGN GOVERNMENT OBLIGATIONS — 99.0% | ||||||
AUSTRALIA — 4.6% | ||||||
Australia Government Bonds: | ||||||
Series 161, 0.25%, 11/21/2025 | AUD | 1,670,000 | $1,055,275 | |||
Series 164, 0.50%, 9/21/2026 | AUD | 2,930,000 | 1,807,621 | |||
Series 142, 4.25%, 4/21/2026 | AUD | 3,675,000 | 2,457,606 | |||
Series 136, 4.75%, 4/21/2027 | AUD | 2,250,000 | 1,528,801 | |||
6,849,303 | ||||||
AUSTRIA — 2.8% | ||||||
Republic of Austria Government Bonds: | ||||||
0.50%, 4/20/2027 (a) | EUR | 900,000 | 901,318 | |||
0.75%, 10/20/2026 (a) | EUR | 850,000 | 866,105 | |||
2.00%, 7/15/2026 (a) | EUR | 125,000 | 131,185 | |||
4.85%, 3/15/2026 (a) | EUR | 2,025,000 | 2,229,785 | |||
4,128,393 | ||||||
BELGIUM — 2.1% | ||||||
Kingdom of Belgium Government Bonds: | ||||||
Series 81, 0.80%, 6/22/2027 (a) | EUR | 200,000 | 202,004 | |||
Series 77, 1.00%, 6/22/2026 (a) | EUR | 1,125,000 | 1,160,095 | |||
Series 64, 4.50%, 3/28/2026 (a) | EUR | 1,670,000 | 1,833,473 | |||
3,195,572 | ||||||
CANADA — 4.6% | ||||||
Canada Government Bonds: | ||||||
0.25%, 3/1/2026 | CAD | 1,215,000 | 834,868 | |||
0.50%, 9/1/2025 | CAD | 1,653,000 | 1,157,468 | |||
1.00%, 9/1/2026 | CAD | 1,100,000 | 756,893 | |||
1.00%, 6/1/2027 | CAD | 450,000 | 305,422 | |||
1.25%, 3/1/2027 | CAD | 750,000 | 514,304 | |||
1.50%, 6/1/2026 | CAD | 410,000 | 286,562 | |||
3.00%, 10/1/2025 | CAD | 650,000 | 467,928 | |||
3.00%, 4/1/2026 | CAD | 1,000,000 | 718,544 | |||
3.50%, 8/1/2025 | CAD | 725,000 | 525,178 | |||
4.00%, 8/1/2026 | CAD | 600,000 | 439,449 | |||
4.50%, 11/1/2025 | CAD | 1,100,000 | 806,637 | |||
6,813,253 | ||||||
CHILE — 0.2% | ||||||
Bonos de la Tesoreria de la Republica en pesos 4.50%, 3/1/2026 | CLP | 280,000,000 | 295,708 |
Security Description | Principal Amount | Value | ||||
CHINA — 4.5% | ||||||
China Government Bonds: | ||||||
2.18%, 8/25/2025 | CNY | 1,650,000 | $228,532 | |||
2.18%, 8/15/2026 | CNY | 820,000 | 113,821 | |||
2.28%, 11/25/2025 | CNY | 2,200,000 | 305,490 | |||
2.30%, 5/15/2026 | CNY | 6,250,000 | 869,721 | |||
2.33%, 12/15/2025 | CNY | 1,150,000 | 159,876 | |||
2.37%, 1/20/2027 | CNY | 2,450,000 | 341,691 | |||
2.39%, 11/15/2026 | CNY | 2,500,000 | 348,864 | |||
2.46%, 2/15/2026 | CNY | 10,050,000 | 1,399,783 | |||
2.48%, 4/15/2027 | CNY | 3,000,000 | 420,257 | |||
2.85%, 6/4/2027 | CNY | 3,700,000 | 523,994 | |||
Series 1610, 2.90%, 5/5/2026 | CNY | 1,600,000 | 225,191 | |||
3.02%, 10/22/2025 | CNY | 4,500,000 | 630,853 | |||
3.03%, 3/11/2026 | CNY | 800,000 | 112,689 | |||
Series 1907, 3.25%, 6/6/2026 | CNY | 7,800,000 | 1,107,096 | |||
6,787,858 | ||||||
COLOMBIA — 0.5% | ||||||
Colombia TES: | ||||||
Series B, 6.25%, 11/26/2025 | COP | 476,000,000 | 111,513 | |||
Series B, 7.50%, 8/26/2026 | COP | 2,544,000,000 | 590,962 | |||
702,475 | ||||||
CROATIA — 0.2% | ||||||
Croatia Government International Bonds 3.00%, 3/20/2027 | EUR | 350,000 | 372,112 | |||
CYPRUS — 0.2% | ||||||
Cyprus Government International Bonds: | ||||||
Series EMTN, Zero Coupon, 2/9/2026 | EUR | 125,000 | 127,313 | |||
Series EMTN, 4.25%, 11/4/2025 | EUR | 150,000 | 163,158 | |||
290,471 | ||||||
CZECH REPUBLIC — 1.0% | ||||||
Czech Republic Government Bonds: | ||||||
Series 100, 0.25%, 2/10/2027 | CZK | 4,300,000 | 166,807 | |||
Series 95, 1.00%, 6/26/2026 | CZK | 10,300,000 | 415,036 | |||
Series 89, 2.40%, 9/17/2025 | CZK | 9,100,000 | 381,327 | |||
Series 148, 6.00%, 2/26/2026 | CZK | 12,550,000 | 553,759 | |||
1,516,929 |
Security Description | Principal Amount | Value | ||||
DENMARK — 0.6% | ||||||
Denmark Government Bonds: | ||||||
1.75%, 11/15/2025 | DKK | 5,410,000 | $765,516 | |||
2.25%, 11/15/2026 (a) | DKK | 575,000 | 81,885 | |||
847,401 | ||||||
FINLAND — 1.4% | ||||||
Finland Government Bonds: | ||||||
Zero Coupon, 9/15/2026 (a) | EUR | 300,000 | 301,140 | |||
0.50%, 4/15/2026 (a) | EUR | 525,000 | 537,879 | |||
0.88%, 9/15/2025 (a) | EUR | 350,000 | 364,718 | |||
1.38%, 4/15/2027 (a) | EUR | 200,000 | 205,525 | |||
4.00%, 7/4/2025 (a) | EUR | 600,000 | 647,873 | |||
2,057,135 | ||||||
FRANCE — 5.0% | ||||||
French Republic Government Bonds OAT: | ||||||
Zero Coupon, 2/25/2026 (a) | EUR | 1,000,000 | 1,017,825 | |||
Zero Coupon, 2/25/2027 (a) | EUR | 1,025,000 | 1,013,990 | |||
0.25%, 11/25/2026 (a) | EUR | 800,000 | 801,867 | |||
0.50%, 5/25/2026 (a) | EUR | 1,000,000 | 1,020,528 | |||
1.00%, 11/25/2025 (a) | EUR | 1,250,000 | 1,299,361 | |||
1.00%, 5/25/2027 (a) | EUR | 425,000 | 429,985 | |||
2.50%, 9/24/2026 (a) | EUR | 950,000 | 1,004,597 | |||
3.50%, 4/25/2026 (a) | EUR | 775,000 | 835,642 | |||
7,423,795 | ||||||
GERMANY — 4.6% | ||||||
Bundesobligation: | ||||||
Series 182, Zero Coupon, 10/10/2025 | EUR | 700,000 | 722,438 | |||
Series 183, Zero Coupon, 4/10/2026 | EUR | 650,000 | 663,327 | |||
Series 184, Zero Coupon, 10/9/2026 | EUR | 925,000 | 933,077 | |||
Bundesrepublik Deutschland Bundesanleihe: | ||||||
Zero Coupon, 8/15/2026 | EUR | 750,000 | 759,389 | |||
0.25%, 2/15/2027 | EUR | 1,300,000 | 1,311,185 | |||
0.50%, 2/15/2026 | EUR | 830,000 | 856,769 | |||
1.00%, 8/15/2025 | EUR | 760,000 | 795,913 | |||
Bundesschatzanweisungen: | ||||||
Series 2Y, 3.10%, 9/18/2025 | EUR | 475,000 | 509,163 | |||
Series 2Y, 3.10%, 12/12/2025 | EUR | 300,000 | 321,958 | |||
6,873,219 |
Security Description | Principal Amount | Value | ||||
GREECE — 0.6% | ||||||
Hellenic Republic Government Bonds: | ||||||
Zero Coupon, 2/12/2026 (a) | EUR | 250,000 | $255,899 | |||
1.88%, 7/23/2026 (a) | EUR | 300,000 | 315,384 | |||
2.00%, 4/22/2027 (a) | EUR | 250,000 | 261,077 | |||
832,360 | ||||||
HONG KONG — 0.2% | ||||||
Hong Kong Government Bonds Programme: | ||||||
1.25%, 6/29/2027 | 1,050,000 | 125,903 | ||||
1.68%, 1/21/2026 | HKD | 1,300,000 | 160,963 | |||
286,866 | ||||||
HUNGARY — 0.6% | ||||||
Hungary Government Bonds: | ||||||
Series 25/C, 1.00%, 11/26/2025 | HUF | 58,000,000 | 146,009 | |||
Series 26/E, 1.50%, 4/22/2026 | HUF | 86,000,000 | 213,682 | |||
Series 26/F, 1.50%, 8/26/2026 | HUF | 51,000,000 | 124,640 | |||
Series 26/D, 2.75%, 12/22/2026 | HUF | 104,000,000 | 257,933 | |||
Series 26/H, 9.50%, 10/21/2026 | HUF | 64,500,000 | 185,286 | |||
927,550 | ||||||
INDONESIA — 2.3% | ||||||
Indonesia Treasury Bonds: | ||||||
Series FR90, 5.13%, 4/15/2027 | IDR | 6,400,000,000 | 375,090 | |||
Series FR86, 5.50%, 4/15/2026 | IDR | 12,379,000,000 | 741,082 | |||
Series FR59, 7.00%, 5/15/2027 | IDR | 5,802,000,000 | 357,307 | |||
Series FR84, 7.25%, 2/15/2026 | IDR | 3,080,000,000 | 189,295 | |||
Series FR56, 8.38%, 9/15/2026 | IDR | 11,190,000,000 | 708,086 | |||
Perusahaan Penerbit SBSN Indonesia: | ||||||
Series PBS, 4.88%, 7/15/2026 | IDR | 3,670,000,000 | 216,720 | |||
Series PBS, 5.38%, 8/15/2025 | IDR | 3,845,000,000 | 231,672 | |||
Series PBS, 6.00%, 1/15/2027 | IDR | 2,061,000,000 | 123,965 | |||
Series PBS, 6.13%, 10/15/2025 | IDR | 8,904,000,000 | 540,383 | |||
3,483,600 |
Security Description | Principal Amount | Value | ||||
IRELAND — 0.9% | ||||||
Ireland Government Bonds: | ||||||
0.20%, 5/15/2027 | EUR | 500,000 | $497,615 | |||
1.00%, 5/15/2026 | EUR | 850,000 | 878,664 | |||
1,376,279 | ||||||
ISRAEL — 1.1% | ||||||
Israel Government Bonds - Fixed: | ||||||
Series 0226, 0.50%, 2/27/2026 | ILS | 2,225,000 | 554,559 | |||
Series 0825, 1.75%, 8/31/2025 | ILS | 850,000 | 219,263 | |||
Series 0327, 2.00%, 3/31/2027 | ILS | 2,250,000 | 560,201 | |||
Series 1026, 6.25%, 10/30/2026 | ILS | 1,325,000 | 365,833 | |||
1,699,856 | ||||||
ITALY — 5.0% | ||||||
Italy Buoni Poliennali Del Tesoro: | ||||||
Series 5Y, Zero Coupon, 4/1/2026 | EUR | 500,000 | 505,077 | |||
Series 5Y, Zero Coupon, 8/1/2026 | EUR | 500,000 | 499,648 | |||
Series 5Y, 0.50%, 2/1/2026 | EUR | 375,000 | 383,799 | |||
Series 8Y, 0.85%, 1/15/2027 | EUR | 250,000 | 251,678 | |||
1.10%, 4/1/2027 | EUR | 400,000 | 403,235 | |||
Series 3Y, 1.20%, 8/15/2025 | EUR | 250,000 | 261,078 | |||
Series 10Y, 1.25%, 12/1/2026 | EUR | 400,000 | 407,921 | |||
Series 10Y, 1.60%, 6/1/2026 | EUR | 100,000 | 103,648 | |||
Series 10Y, 2.00%, 12/1/2025 | EUR | 775,000 | 814,437 | |||
Series 7Y, 2.10%, 7/15/2026 | EUR | 460,000 | 480,605 | |||
Series 10Y, 2.20%, 6/1/2027 | EUR | 175,000 | 181,558 | |||
Series 7Y, 2.50%, 11/15/2025 | EUR | 400,000 | 423,470 | |||
Series 3Y, 2.95%, 2/15/2027 | EUR | 825,000 | 874,079 | |||
Series 3Y, 3.50%, 1/15/2026 | EUR | 125,000 | 133,996 | |||
Series 2Y, 3.60%, 9/29/2025 | EUR | 75,000 | 80,446 | |||
3.80%, 4/15/2026 | EUR | 500,000 | 539,165 | |||
Series 3Y, 3.85%, 9/15/2026 | EUR | 450,000 | 486,725 |
Security Description | Principal Amount | Value | ||||
Series 16Y, 4.50%, 3/1/2026 (a) | EUR | 575,000 | $626,775 | |||
7,457,340 | ||||||
JAPAN — 22.9% | ||||||
Japan Government Five Year Bonds: | ||||||
Series 147, 0.01%, 3/20/2026 | JPY | 293,000,000 | 1,812,243 | |||
Series 148, 0.01%, 6/20/2026 | JPY | 76,500,000 | 472,354 | |||
Series 149, 0.01%, 9/20/2026 | JPY | 236,500,000 | 1,458,858 | |||
Series 150, 0.01%, 12/20/2026 | JPY | 347,000,000 | 2,138,237 | |||
Series 151, 0.01%, 3/20/2027 | JPY | 200,000,000 | 1,230,884 | |||
Series 153, 0.01%, 6/20/2027 | JPY | 250,000,000 | 1,536,678 | |||
Series 145, 0.10%, 9/20/2025 | JPY | 365,000,000 | 2,266,286 | |||
Series 146, 0.10%, 12/20/2025 | JPY | 447,700,000 | 2,777,404 | |||
Series 152, 0.10%, 3/20/2027 | JPY | 100,000,000 | 617,027 | |||
Japan Government Ten Year Bonds: | ||||||
Series 342, 0.10%, 3/20/2026 | JPY | 250,000,000 | 1,548,816 | |||
Series 343, 0.10%, 6/20/2026 | JPY | 375,000,000 | 2,319,820 | |||
Series 344, 0.10%, 9/20/2026 | JPY | 275,000,000 | 1,699,919 | |||
Series 345, 0.10%, 12/20/2026 | JPY | 300,000,000 | 1,852,872 | |||
Series 346, 0.10%, 3/20/2027 | JPY | 250,000,000 | 1,542,568 | |||
Series 347, 0.10%, 6/20/2027 | JPY | 250,000,000 | 1,540,921 | |||
Series 341, 0.30%, 12/20/2025 | JPY | 260,000,000 | 1,617,718 | |||
Series 340, 0.40%, 9/20/2025 | JPY | 190,000,000 | 1,184,021 | |||
Japan Government Twenty Year Bonds: | ||||||
Series 96, 2.10%, 6/20/2027 | JPY | 50,000,000 | 326,523 | |||
Series 95, 2.30%, 6/20/2027 | JPY | 75,000,000 | 492,521 | |||
Japan Government Two Year Bonds: | ||||||
Series 450, 0.01%, 7/1/2025 | JPY | 69,500,000 | 431,366 | |||
Series 452, 0.01%, 9/1/2025 | JPY | 100,000,000 | 620,310 | |||
Series 453, 0.01%, 10/1/2025 | JPY | 41,000,000 | 254,243 |
Security Description | Principal Amount | Value | ||||
Series 455, 0.01%, 12/1/2025 | JPY | 147,500,000 | $913,755 | |||
Series 457, 0.10%, 2/1/2026 | JPY | 75,000,000 | 464,859 | |||
0.20%, 3/1/2026 | JPY | 245,000,000 | 1,520,505 | |||
0.20%, 4/1/2026 | JPY | 98,350,000 | 610,081 | |||
0.40%, 6/1/2026 | JPY | 41,000,000 | 255,112 | |||
0.40%, 7/1/2026 (b) | JPY | 108,000,000 | 671,942 | |||
34,177,843 | ||||||
LUXEMBOURG — 0.1% | ||||||
State of the Grand-Duchy of Luxembourg 0.63%, 2/1/2027 | EUR | 200,000 | 201,426 | |||
MALAYSIA — 2.1% | ||||||
Malaysia Government Bonds: | ||||||
Series 0307, 3.50%, 5/31/2027 | MYR | 1,000,000 | 211,722 | |||
Series 0119, 3.91%, 7/15/2026 | MYR | 1,380,000 | 295,198 | |||
Series 0115, 3.96%, 9/15/2025 | MYR | 2,015,000 | 430,395 | |||
Malaysia Government Investment Issue: | ||||||
Series 0319, 3.73%, 3/31/2026 | MYR | 2,950,000 | 628,458 | |||
3.90%, 6/15/2027 | MYR | 630,000 | 134,876 | |||
Series 0415, 3.99%, 10/15/2025 | MYR | 3,260,000 | 696,920 | |||
Series 0316, 4.07%, 9/30/2026 | MYR | 3,425,000 | 735,454 | |||
3,133,023 | ||||||
MEXICO — 3.2% | ||||||
Mexico Bonos: | ||||||
Series M, 5.50%, 3/4/2027 | MXN | 27,800,000 | 1,350,144 | |||
Series M, 5.75%, 3/5/2026 | MXN | 38,230,000 | 1,932,209 | |||
Series M, 7.00%, 9/3/2026 | MXN | 6,880,000 | 349,619 | |||
Series M 20, 7.50%, 6/3/2027 | MXN | 23,100,000 | 1,174,714 | |||
4,806,686 | ||||||
NETHERLANDS — 3.2% | ||||||
Netherlands Government Bonds: | ||||||
Zero Coupon, 1/15/2026 (a) | EUR | 1,075,000 | 1,101,496 | |||
Zero Coupon, 1/15/2027 (a) | EUR | 1,000,000 | 999,680 | |||
0.25%, 7/15/2025 (a) | EUR | 873,000 | 908,124 | |||
0.50%, 7/15/2026 (a) | EUR | 1,775,000 | 1,815,850 | |||
4,825,150 |
Security Description | Principal Amount | Value | ||||
NEW ZEALAND — 0.7% | ||||||
New Zealand Government Bonds: | ||||||
0.50%, 5/15/2026 | NZD | 490,000 | $275,406 | |||
Series 0427, 4.50%, 4/15/2027 | NZD | 1,315,000 | 797,465 | |||
1,072,871 | ||||||
NORWAY — 0.5% | ||||||
Norway Government Bonds: | ||||||
Series 478, 1.50%, 2/19/2026 (a) | NOK | 3,625,000 | 327,144 | |||
Series 479, 1.75%, 2/17/2027 (a) | NOK | 4,200,000 | 375,094 | |||
702,238 | ||||||
PERU — 0.1% | ||||||
Peru Government Bonds 8.20%, 8/12/2026 | PEN | 665,000 | 183,688 | |||
POLAND — 2.0% | ||||||
Republic of Poland Government Bonds: | ||||||
Series 1025, Zero Coupon, 10/25/2025 | PLN | 1,425,000 | 332,637 | |||
Series 1026, 0.25%, 10/25/2026 | PLN | 1,800,000 | 400,652 | |||
Series 0726, 2.50%, 7/25/2026 | PLN | 4,075,000 | 962,883 | |||
Series 0725, 3.25%, 7/25/2025 | PLN | 3,565,000 | 871,348 | |||
Series 0527, 3.75%, 5/25/2027 | PLN | 2,000,000 | 477,333 | |||
3,044,853 | ||||||
PORTUGAL — 1.8% | ||||||
Portugal Obrigacoes do Tesouro OT: | ||||||
2.88%, 10/15/2025 (a) | EUR | 875,000 | 933,860 | |||
2.88%, 7/21/2026 (a) | EUR | 1,055,000 | 1,128,440 | |||
4.13%, 4/14/2027 (a) | EUR | 500,000 | 553,720 | |||
2,616,020 | ||||||
ROMANIA — 0.8% | ||||||
Romania Government Bonds: | ||||||
Series 5Y, 3.25%, 6/24/2026 | RON | 1,200,000 | 244,938 | |||
Series 4Y, 3.50%, 11/25/2025 | RON | 790,000 | 164,529 | |||
Series 5Y, 3.65%, 7/28/2025 | RON | 805,000 | 169,263 | |||
Series 7Y, 4.85%, 4/22/2026 | RON | 1,350,000 | 284,573 | |||
Series 4Y, 7.20%, 10/28/2026 | RON | 700,000 | 153,701 |
Security Description | Principal Amount | Value | ||||
Series 4Y, 7.20%, 5/31/2027 | RON | 650,000 | $143,474 | |||
1,160,478 | ||||||
SINGAPORE — 1.3% | ||||||
Singapore Government Bonds: | ||||||
0.50%, 11/1/2025 | SGD | 380,000 | 269,428 | |||
1.25%, 11/1/2026 | SGD | 650,000 | 456,815 | |||
2.13%, 6/1/2026 | SGD | 815,000 | 586,872 | |||
3.50%, 3/1/2027 | SGD | 900,000 | 667,405 | |||
1,980,520 | ||||||
SLOVAKIA — 0.6% | ||||||
Slovakia Government Bonds: | ||||||
Series 241, 0.13%, 6/17/2027 | EUR | 75,000 | 73,343 | |||
Series 231, 0.63%, 5/22/2026 | EUR | 150,000 | 152,893 | |||
Series 228, 1.38%, 1/21/2027 | EUR | 250,000 | 255,570 | |||
Series 216, 4.35%, 10/14/2025 | EUR | 350,000 | 378,703 | |||
860,509 | ||||||
SLOVENIA — 0.4% | ||||||
Slovenia Government Bonds: | ||||||
Series RS89, Zero Coupon, 2/13/2026 | EUR | 230,000 | 234,459 | |||
Series RS79, 1.25%, 3/22/2027 | EUR | 150,000 | 153,694 | |||
Series RS75, 2.13%, 7/28/2025 | EUR | 150,000 | 158,725 | |||
546,878 | ||||||
SOUTH KOREA — 4.6% | ||||||
Korea Treasury Bonds: | ||||||
Series 2509, 1.13%, 9/10/2025 | KRW | 770,000,000 | 545,250 | |||
Series 2603, 1.25%, 3/10/2026 | KRW | 1,679,000,000 | 1,179,452 | |||
Series 01500-2612, 1.50%, 12/10/2026 | KRW | 465,000,000 | 324,161 | |||
Series 2609, 1.75%, 9/10/2026 | KRW | 798,000,000 | 561,508 | |||
Series 2706, 2.13%, 6/10/2027 | KRW | 926,000,000 | 652,204 | |||
Series 2512, 2.25%, 12/10/2025 | KRW | 1,500,000,000 | 1,073,949 | |||
Series 2703, 2.38%, 3/10/2027 | KRW | 1,000,000,000 | 710,714 | |||
Series 2606, 3.13%, 6/10/2026 | KRW | 730,000,000 | 529,012 | |||
3.25%, 6/10/2027 | KRW | 1,000,000,000 | 727,281 | |||
Series 2612, 3.88%, 12/10/2026 | KRW | 500,000,000 | 368,662 |
Security Description | Principal Amount | Value | ||||
5.25%, 3/10/2027 | KRW | 275,000,000 | $210,143 | |||
6,882,336 | ||||||
SPAIN — 4.6% | ||||||
Spain Government Bonds: | ||||||
Zero Coupon, 1/31/2026 | EUR | 500,000 | 509,897 | |||
Zero Coupon, 1/31/2027 | EUR | 500,000 | 495,252 | |||
1.30%, 10/31/2026 (a) | EUR | 1,050,000 | 1,081,027 | |||
1.50%, 4/30/2027 (a) | EUR | 400,000 | 410,879 | |||
1.95%, 4/30/2026 (a) | EUR | 800,000 | 839,259 | |||
2.15%, 10/31/2025 (a) | EUR | 540,000 | 570,578 | |||
2.50%, 5/31/2027 | EUR | 550,000 | 579,330 | |||
2.80%, 5/31/2026 | EUR | 750,000 | 798,427 | |||
4.65%, 7/30/2025 (a) | EUR | 775,000 | 841,227 | |||
5.90%, 7/30/2026 (a) | EUR | 600,000 | 678,169 | |||
6,804,045 | ||||||
SWEDEN — 0.4% | ||||||
Sweden Government Bonds Series 1059, 1.00%, 11/12/2026 | SEK | 6,050,000 | 552,976 | |||
SWITZERLAND — 0.6% | ||||||
Swiss Confederation Government Bonds: | ||||||
1.25%, 5/28/2026 | CHF | 285,000 | 319,973 | |||
1.50%, 7/24/2025 | CHF | 260,000 | 291,142 | |||
3.25%, 6/27/2027 | CHF | 175,000 | 209,321 | |||
820,436 | ||||||
THAILAND — 1.6% | ||||||
Thailand Government Bonds: | ||||||
Series LB, 1.00%, 6/17/2027 | THB | 2,750,000 | 71,955 | |||
2.13%, 12/17/2026 | THB | 18,500,000 | 501,209 | |||
2.25%, 3/17/2027 | THB | 18,500,000 | 502,176 | |||
2.35%, 6/17/2026 | THB | 14,475,000 | 394,351 | |||
3.85%, 12/12/2025 | THB | 32,615,000 | 907,421 | |||
2,377,112 | ||||||
UNITED KINGDOM — 4.5% | ||||||
U.K. Gilts: | ||||||
0.13%, 1/30/2026 | GBP | 1,070,000 | 1,268,659 | |||
0.38%, 10/22/2026 | GBP | 825,000 | 954,387 | |||
1.50%, 7/22/2026 | GBP | 835,000 | 998,418 | |||
2.00%, 9/7/2025 | GBP | 1,050,000 | 1,286,478 | |||
3.50%, 10/22/2025 | GBP | 450,000 | 559,738 | |||
3.75%, 3/7/2027 | GBP | 625,000 | 776,607 | |||
4.13%, 1/29/2027 | GBP | 750,000 | 942,016 | |||
6,786,303 | ||||||
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $152,499,248) | 147,752,866 |
Security Description | Shares | Value | ||||
SHORT-TERM INVESTMENT — 0.0% (c) | ||||||
State Street Institutional U.S. Government Money Market Fund, Class G Shares 5.29% (d) (e) (Cost $34,366) | 34,366 | $34,366 | ||||
TOTAL INVESTMENTS — 99.0% (Cost $152,533,614) | 147,787,232 | |||||
OTHER ASSETS IN EXCESS OF LIABILITIES — 1.0% | 1,485,348 | |||||
NET ASSETS — 100.0% | $149,272,580 |
(a) | Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 20.7% of net assets as of June 30, 2024, are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
(b) | When-issued security. |
(c) | Amount is less than 0.05% of net assets. |
(d) | The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended June 30, 2024 are shown in the Affiliate Table below. |
(e) | The rate shown is the annualized seven-day yield at June 30, 2024. |
EMTN | Euro Medium Term Note |
AUD | Australian Dollar |
CAD | Canadian Dollar |
CHF | Swiss Franc |
CLP | Chilean Peso |
CNY | China Yuan Renminbi |
COP | Colombian Peso |
CZK | Czech Koruna |
DKK | Danish Krone |
EUR | Euro |
GBP | British Pound |
HKD | Hong Kong Dollar |
HUF | Hungary Forint |
IDR | Indonesia Rupiah |
ILS | Israeli New Shekel |
JPY | Japanese Yen |
KRW | South Korean Won |
MXN | Mexican Peso |
MYR | Malaysian Ringgit |
NOK | Norwegian Krone |
NZD | New Zealand Dollar |
PEN | Peru Nuevo Sol |
PLN | Polish Zloty |
RON | Romania New Leu |
SEK | Swedish Krona |
SGD | Singapore Dollar |
THB | Thai Baht |
Description | Level 1 – Quoted Prices | Level 2 – Other Significant Observable Inputs | Level 3 – Significant Unobservable Inputs | Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Foreign Government Obligations | $— | $147,752,866 | $— | $147,752,866 | ||||
Short-Term Investment | 34,366 | — | — | 34,366 | ||||
TOTAL INVESTMENTS | $34,366 | $147,752,866 | $— | $147,787,232 |
Number of Shares Held at 12/31/23 | Value at 12/31/23 | Cost of Purchases | Proceeds from Shares Sold | Realized Gain (Loss) | Change in Unrealized Appreciation/ Depreciation | Number of Shares Held at 6/30/24 | Value at 6/30/24 | Dividend Income | |||||||||
State Street Institutional U.S. Government Money Market Fund, Class G Shares | 27,095 | $27,095 | $3,486,617 | $3,479,346 | $— | $— | 34,366 | $34,366 | $1,925 |
Security Description | Principal Amount | Value | ||||
FOREIGN GOVERNMENT OBLIGATIONS — 97.9% | ||||||
AUSTRALIA — 4.7% | ||||||
Australia Government Bonds: | ||||||
0.25%, 11/21/2032 | AUD | 2,370,165 | $1,386,353 | |||
Series 27CI, 0.75%, 11/21/2027 | AUD | 4,370,060 | 2,829,192 | |||
Series 50CI, 1.00%, 2/21/2050 | AUD | 2,985,570 | 1,547,118 | |||
Series 40CI, 1.25%, 8/21/2040 | AUD | 2,950,682 | 1,759,666 | |||
2.00%, 8/21/2035 | AUD | 3,477,040 | 2,338,738 | |||
Series CAIN408, 2.50%, 9/20/2030 | AUD | 6,266,242 | 4,367,664 | |||
Series 25CI, 3.00%, 9/20/2025 | AUD | 5,344,492 | 3,623,879 | |||
17,852,610 | ||||||
BRAZIL — 7.1% | ||||||
Brazil Notas do Tesouro Nacional: | ||||||
6.00%, 8/15/2026 | BRL | 21,156,534 | 3,775,841 | |||
6.00%, 5/15/2027 | BRL | 14,047,079 | 2,502,220 | |||
6.00%, 8/15/2028 | BRL | 11,920,687 | 2,112,054 | |||
6.00%, 8/15/2030 | BRL | 17,569,589 | 3,106,370 | |||
6.00%, 8/15/2032 | BRL | 6,014,040 | 1,053,397 | |||
6.00%, 5/15/2035 | BRL | 15,894,249 | 2,771,297 | |||
6.00%, 8/15/2040 | BRL | 12,672,442 | 2,201,816 | |||
6.00%, 5/15/2045 | BRL | 13,918,207 | 2,390,164 | |||
6.00%, 8/15/2050 | BRL | 22,380,821 | 3,817,225 | |||
6.00%, 5/15/2055 | BRL | 12,629,484 | 2,155,605 | |||
6.00%, 8/15/2060 | BRL | 4,940,104 | 837,604 | |||
26,723,593 | ||||||
CANADA — 4.5% | ||||||
Canada Government Real Return Bonds: | ||||||
0.25%, 12/1/2054 | CAD | 948,470 | 483,693 | |||
0.50%, 12/1/2050 | CAD | 2,884,892 | 1,611,289 | |||
1.25%, 12/1/2047 | CAD | 3,256,000 | 2,178,511 | |||
1.50%, 12/1/2044 | CAD | 3,812,915 | 2,658,967 | |||
2.00%, 12/1/2041 | CAD | 3,248,460 | 2,444,577 | |||
3.00%, 12/1/2036 | CAD | 2,907,703 | 2,395,458 | |||
4.00%, 12/1/2031 | CAD | 2,987,172 | 2,528,710 | |||
4.25%, 12/1/2026 | CAD | 3,290,976 | 2,549,806 | |||
16,851,011 | ||||||
CHILE — 4.6% | ||||||
Bonos de la Tesoreria de la Republica: | ||||||
Zero Coupon, 10/1/2028 | CLP | 1,296,229,170 | 1,221,163 | |||
Zero Coupon, 10/1/2033 | CLP | 1,690,733,700 | 1,350,502 | |||
1.50%, 3/1/2026 | CLP | 2,667,602,060 | 2,794,807 | |||
1.90%, 9/1/2030 | CLP | 2,742,745,780 | 2,728,791 |
Security Description | Principal Amount | Value | ||||
2.00%, 3/1/2035 | CLP | 2,817,889,500 | $2,707,452 | |||
2.10%, 7/15/2050 | CLP | 2,592,458,340 | 2,325,074 | |||
Series 30YR, 3.00%, 1/1/2044 | CLP | 3,775,971,930 | 4,019,150 | |||
17,146,939 | ||||||
COLOMBIA — 4.5% | ||||||
Colombia TES: | ||||||
2.25%, 4/18/2029 | COP | 10,894,289,320 | 2,282,145 | |||
3.00%, 3/25/2033 | COP | 7,648,388,050 | 1,535,159 | |||
3.30%, 3/17/2027 | COP | 11,379,309,050 | 2,618,245 | |||
3.75%, 2/25/2037 | COP | 20,146,973,400 | 4,056,084 | |||
3.75%, 6/16/2049 | COP | 16,435,826,282 | 3,048,767 | |||
4.75%, 4/4/2035 | COP | 15,584,430,109 | 3,512,086 | |||
17,052,486 | ||||||
FRANCE — 7.7% | ||||||
French Republic Government Bonds OAT: | ||||||
0.10%, 3/1/2026 (a) | EUR | 1,529,770 | 1,602,315 | |||
Series OATI, 0.10%, 3/1/2028 (a) | EUR | 2,126,683 | 2,176,250 | |||
0.10%, 3/1/2029 (a) | EUR | 1,775,247 | 1,821,760 | |||
0.10%, 7/25/2031 (a) | EUR | 1,868,230 | 1,884,943 | |||
Series OATI, 0.10%, 3/1/2032 (a) | EUR | 743,041 | 738,300 | |||
Series OATI, 0.10%, 3/1/2036 (a) | EUR | 1,259,545 | 1,192,653 | |||
0.10%, 7/25/2036 (a) | EUR | 1,704,479 | 1,608,476 | |||
0.10%, 7/25/2038 (a) | EUR | 1,597,116 | 1,470,188 | |||
0.10%, 7/25/2047 (a) | EUR | 1,932,177 | 1,600,323 | |||
0.10%, 7/25/2053 (a) | EUR | 881,937 | 699,555 | |||
Series OATI, 0.55%, 3/1/2039 (a) | EUR | 316,831 | 309,852 | |||
0.60%, 7/25/2034 (a) | EUR | 543,380 | 554,123 | |||
0.70%, 7/25/2030 (a) | EUR | 2,387,407 | 2,521,859 | |||
1.80%, 7/25/2040 (a) | EUR | 2,151,170 | 2,490,420 | |||
1.85%, 7/25/2027 (a) | EUR | 3,674,249 | 4,035,537 | |||
3.15%, 7/25/2032 (a) | EUR | 1,851,318 | 2,307,964 | |||
Series OATI, 3.40%, 7/25/2029 (a) | EUR | 1,791,088 | 2,128,644 | |||
29,143,162 | ||||||
GERMANY — 4.6% | ||||||
Deutsche Bundesrepublik Bonds Inflation-Linked: | ||||||
Series I/L, 0.10%, 4/15/2026 | EUR | 4,921,132 | 5,140,576 | |||
Series I/L, 0.10%, 4/15/2033 | EUR | 2,593,682 | 2,692,078 | |||
Series I/L, 0.10%, 4/15/2046 | EUR | 3,684,523 | 3,602,414 | |||
Series I/L, 0.50%, 4/15/2030 | EUR | 5,345,685 | 5,705,865 | |||
17,140,933 |
Security Description | Principal Amount | Value | ||||
ISRAEL — 4.5% | ||||||
Israel Government Bonds CPI-Linked: | ||||||
Series 0726, 0.10%, 7/31/2026 | ILS | 7,415,369 | $1,903,990 | |||
Series 1131, 0.10%, 11/30/2031 | ILS | 10,512,210 | 2,406,410 | |||
Series 0529, 0.50%, 5/31/2029 | ILS | 7,727,895 | 1,914,404 | |||
Series 1151, 0.50%, 11/30/2051 | ILS | 6,244,265 | 1,020,715 | |||
Series 1025, 0.75%, 10/31/2025 | ILS | 7,102,055 | 1,865,209 | |||
Series 0527, 0.75%, 5/31/2027 | ILS | 9,153,862 | 2,359,271 | |||
Series 0545, 1.00%, 5/31/2045 | ILS | 7,502,978 | 1,536,226 | |||
Series 0841, 2.75%, 8/30/2041 | ILS | 5,228,320 | 1,475,101 | |||
Series 0536, 4.00%, 5/30/2036 | ILS | 7,326,876 | 2,298,344 | |||
16,779,670 | ||||||
ITALY — 5.2% | ||||||
Italy Buoni Poliennali Del Tesoro: | ||||||
Series CPI, 0.10%, 5/15/2033 (a) | EUR | 2,179,360 | 1,971,029 | |||
Series CPI, 0.15%, 5/15/2051 (a) | EUR | 917,938 | 592,543 | |||
Series CPI, 0.40%, 5/15/2030 (a) | EUR | 2,026,438 | 2,000,044 | |||
Series CPI, 0.65%, 5/15/2026 | EUR | 1,404,372 | 1,468,817 | |||
Series CPI, 1.25%, 9/15/2032 (a) | EUR | 2,222,984 | 2,273,319 | |||
Series CPI, 1.30%, 5/15/2028 (a) | EUR | 1,514,158 | 1,596,478 | |||
Series CPI, 1.50%, 5/15/2029 | EUR | 1,195,413 | 1,261,967 | |||
Series CPI, 2.35%, 9/15/2035 (a) | EUR | 2,576,457 | 2,840,099 | |||
2.40%, 5/15/2039 (a) | EUR | 413,596 | 443,688 | |||
Series CPI, 2.55%, 9/15/2041 (a) | EUR | 2,424,671 | 2,688,270 | |||
Series CPI, 3.10%, 9/15/2026 (a) | EUR | 2,092,939 | 2,314,192 | |||
19,450,446 | ||||||
JAPAN — 4.6% | ||||||
Japan Government CPI-Linked Bonds: | ||||||
Series 26, 0.01%, 3/10/2031 | JPY | 135,220,000 | 900,038 | |||
Series 27, 0.01%, 3/10/2032 | JPY | 370,220,000 | 2,450,849 | |||
Series 28, 0.01%, 3/10/2033 | JPY | 411,144,000 | 2,710,621 |
Security Description | Principal Amount | Value | ||||
Series 21, 0.10%, 3/10/2026 | JPY | 377,845,286 | $2,415,476 | |||
Series 22, 0.10%, 3/10/2027 | JPY | 212,266,145 | 1,381,789 | |||
Series 23, 0.10%, 3/10/2028 | JPY | 504,474,870 | 3,294,516 | |||
Series 24, 0.10%, 3/10/2029 | JPY | 630,418,320 | 4,132,677 | |||
17,285,966 | ||||||
MEXICO — 4.7% | ||||||
Mexico Udibonos: | ||||||
Series S, 2.75%, 11/27/2031 | MXN | 52,412,087 | 2,396,530 | |||
Series S, 3.00%, 12/3/2026 | MXN | 29,984,589 | 1,515,268 | |||
Series S, 4.00%, 11/30/2028 | MXN | 39,248,121 | 2,000,129 | |||
Series S, 4.00%, 11/15/2040 | MXN | 47,950,965 | 2,268,856 | |||
Series S, 4.00%, 11/8/2046 | MXN | 39,410,639 | 1,852,476 | |||
Series S, 4.00%, 11/3/2050 | MXN | 64,600,945 | 3,009,930 | |||
4.00%, 10/29/2054 | MXN | 12,188,858 | 560,592 | |||
Series S, 4.50%, 12/4/2025 | MXN | 30,390,885 | 1,609,485 | |||
Series S, 4.50%, 11/22/2035 | MXN | 48,674,171 | 2,475,780 | |||
17,689,046 | ||||||
NEW ZEALAND — 3.5% | ||||||
New Zealand Government Bonds Inflation-Linked: | ||||||
Series 0925, 2.00%, 9/20/2025 | NZD | 3,788,730 | 2,294,398 | |||
Series 0935, 2.50%, 9/20/2035 | NZD | 7,658,906 | 4,602,669 | |||
Series 0940, 2.50%, 9/20/2040 | NZD | 5,429,637 | 3,167,567 | |||
Series 0930, 3.00%, 9/20/2030 | NZD | 4,720,925 | 2,987,190 | |||
13,051,824 | ||||||
SOUTH AFRICA — 4.7% | ||||||
Republic of South Africa Government Bond CPI-Linked: | ||||||
Series 2029, 1.88%, 3/31/2029 | ZAR | 26,727,820 | 1,293,441 | |||
Series 2033, 1.88%, 2/28/2033 | ZAR | 53,145,060 | 2,261,783 | |||
Series 2038, 2.25%, 1/31/2038 | ZAR | 67,573,906 | 2,678,975 | |||
Series 2046, 2.50%, 3/31/2046 | ZAR | 67,626,622 | 2,435,534 | |||
Series 2050, 2.50%, 12/31/2050 | ZAR | 82,555,139 | 2,804,044 |
Security Description | Principal Amount | Value | ||||
Series R210, 2.60%, 3/31/2028 | ZAR | 31,533,574 | $1,606,237 | |||
Series R202, 3.45%, 12/7/2033 | ZAR | 55,700,328 | 2,695,927 | |||
Republic of South Africa Government Bonds CPI-Linked: | ||||||
Series 2031, 4.25%, 1/31/2031 | ZAR | 12,634,836 | 673,343 | |||
Series 2043, 5.13%, 1/31/2043 | ZAR | 20,919,254 | 1,144,971 | |||
Series 2058, 5.13%, 1/31/2058 | ZAR | 2,719,503 | 149,292 | |||
17,743,547 | ||||||
SOUTH KOREA — 1.0% | ||||||
Korea Treasury Bonds Inflation-Linked: | ||||||
Series 01000-2606, 1.00%, 6/10/2026 | KRW | 1,503,860,400 | 1,109,896 | |||
Series 3206, 1.63%, 6/10/2032 | KRW | 1,555,879,000 | 1,224,527 | |||
Series 01750-2806, 1.75%, 6/10/2028 | KRW | 2,012,334,000 | 1,542,107 | |||
3,876,530 | ||||||
SPAIN — 4.6% | ||||||
Spain Government Bonds Inflation-Linked: | ||||||
0.65%, 11/30/2027 (a) | EUR | 4,530,937 | 4,775,618 | |||
0.70%, 11/30/2033 (a) | EUR | 5,614,954 | 5,710,559 | |||
1.00%, 11/30/2030 (a) | EUR | 5,304,218 | 5,649,041 | |||
2.05%, 11/30/2039 (a) | EUR | 1,055,520 | 1,204,367 | |||
17,339,585 | ||||||
SWEDEN — 4.1% | ||||||
Sweden Bonds Inflation-Linked: | ||||||
Series 3112, 0.13%, 6/1/2026 | SEK | 36,454,429 | 3,361,671 | |||
Series 3113, 0.13%, 12/1/2027 | SEK | 30,503,103 | 2,784,117 | |||
Series 3114, 0.13%, 6/1/2030 | SEK | 23,597,746 | 2,130,409 | |||
Series 3111, 0.13%, 6/1/2032 | SEK | 27,280,560 | 2,479,787 | |||
Series 3109, 1.00%, 6/1/2025 | SEK | 2,241,256 | 209,324 | |||
Series 3104, 3.50%, 12/1/2028 | SEK | 41,067,489 | 4,300,478 | |||
15,265,786 | ||||||
TURKEY — 4.2% | ||||||
Turkiye Government Bonds: | ||||||
Zero Coupon, 7/19/2028 | TRY | 50,978,377 | 1,360,999 |
Security Description | Principal Amount | Value | ||||
Series CPI, Zero Coupon, 2/11/2032 | TRY | 44,476,603 | $1,063,404 | |||
Series CPI, Zero Coupon, 8/4/2032 | TRY | 23,077,563 | 550,832 | |||
1.50%, 6/18/2025 | TRY | 1,029,004 | 29,660 | |||
Series CPI, 2.70%, 1/14/2026 | TRY | 85,930,005 | 2,514,822 | |||
Series CPI, 2.90%, 7/7/2027 | TRY | 82,510,043 | 2,458,149 | |||
Series CPI, 2.90%, 1/12/2028 | TRY | 68,414,347 | 2,051,648 | |||
Series CPI, 3.00%, 5/28/2031 | TRY | 135,731,099 | 4,140,599 | |||
Series CPI, 3.30%, 6/28/2028 | TRY | 57,439,000 | 1,751,405 | |||
15,921,518 | ||||||
UNITED KINGDOM — 19.1% | ||||||
U.K. Inflation-Linked Gilts: | ||||||
0.13%, 3/22/2026 | GBP | 1,468,380 | 1,836,893 | |||
0.13%, 8/10/2028 | GBP | 3,081,037 | 3,860,347 | |||
0.13%, 3/22/2029 | GBP | 2,513,046 | 3,130,137 | |||
0.13%, 8/10/2031 | GBP | 2,491,033 | 3,097,586 | |||
0.13%, 11/22/2036 | GBP | 2,575,896 | 2,994,554 | |||
0.13%, 3/22/2039 | GBP | 1,945,905 | 2,154,554 | |||
0.13%, 8/10/2041 | GBP | 2,680,255 | 2,870,339 | |||
0.13%, 3/22/2044 | GBP | 2,818,451 | 2,847,642 | |||
0.13%, 3/22/2046 | GBP | 2,015,833 | 1,967,272 | |||
0.13%, 8/10/2048 | GBP | 1,526,883 | 1,440,631 | |||
0.13%, 3/22/2051 | GBP | 1,505,120 | 1,363,418 | |||
0.13%, 11/22/2056 | GBP | 1,177,108 | 1,018,152 | |||
0.13%, 3/22/2058 | GBP | 1,910,474 | 1,629,033 | |||
0.13%, 11/22/2065 | GBP | 539,485 | 433,462 | |||
0.13%, 3/22/2068 | GBP | 2,034,886 | 1,608,303 | |||
0.13%, 3/22/2073 | GBP | 624,245 | 509,606 | |||
0.25%, 3/22/2052 | GBP | 2,305,950 | 2,154,177 | |||
0.38%, 3/22/2062 | GBP | 2,815,648 | 2,583,845 | |||
0.50%, 3/22/2050 | GBP | 2,435,143 | 2,486,498 | |||
0.63%, 3/22/2040 | GBP | 2,844,480 | 3,365,041 | |||
0.63%, 11/22/2042 | GBP | 1,775,515 | 2,044,786 | |||
0.63%, 3/22/2045 | GBP | 1,057,680 | 1,170,822 | |||
0.75%, 3/22/2034 | GBP | 3,097,980 | 3,950,460 | |||
0.75%, 11/22/2047 | GBP | 2,436,327 | 2,718,350 | |||
1.13%, 11/22/2037 | GBP | 2,607,548 | 3,393,175 | |||
1.25%, 11/22/2027 | GBP | 3,173,616 | 4,129,471 | |||
1.25%, 11/22/2032 | GBP | 3,435,706 | 4,617,078 | |||
1.25%, 11/22/2055 | GBP | 2,763,823 | 3,393,092 | |||
Series 8MO, 2.00%, 1/26/2035 | GBP | 1,393,141 | 1,986,908 | |||
Series 8MO, 4.13%, 7/22/2030 | GBP | 837,824 | 1,294,296 | |||
72,049,928 | ||||||
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $451,272,732) | 368,364,580 |
Security Description | Shares | Value | ||||
SHORT-TERM INVESTMENT — 0.1% | ||||||
State Street Institutional U.S. Government Money Market Fund, Class G Shares 5.29% (b) (c) (Cost $422,135) | 422,135 | $422,135 | ||||
TOTAL INVESTMENTS — 98.0% (Cost $451,694,867) | 368,786,715 | |||||
OTHER ASSETS IN EXCESS OF LIABILITIES — 2.0% | 7,449,080 | |||||
NET ASSETS — 100.0% | $376,235,795 |
(a) | Securities purchased pursuant to Rule 144A of the Securities Act of 1933, as amended. These securities, which represent 16.8% of net assets as of June 30, 2024, are considered liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
(b) | The Fund invested in certain money market funds managed by SSGA Funds Management, Inc. Amounts related to these investments during the period ended June 30, 2024 are shown in the Affiliate Table below. |
(c) | The rate shown is the annualized seven-day yield at June 30, 2024. |
AUD | Australian Dollar |
BRL | Brazilian Real |
CAD | Canadian Dollar |
CLP | Chilean Peso |
COP | Colombian Peso |
EUR | Euro |
GBP | British Pound |
ILS | Israeli New Shekel |
JPY | Japanese Yen |
KRW | South Korean Won |
MXN | Mexican Peso |
NZD | New Zealand Dollar |
SEK | Swedish Krona |
TRY | Turkish New Lira |
ZAR | South African Rand |
Description | Level 1 – Quoted Prices | Level 2 – Other Significant Observable Inputs | Level 3 – Significant Unobservable Inputs | Total | ||||
ASSETS: | ||||||||
INVESTMENTS: | ||||||||
Foreign Government Obligations | $— | $368,364,580 | $— | $368,364,580 | ||||
Short-Term Investment | 422,135 | — | — | 422,135 | ||||
TOTAL INVESTMENTS | $422,135 | $368,364,580 | $— | $368,786,715 |
Number of Shares Held at 12/31/23 | Value at 12/31/23 | Cost of Purchases | Proceeds from Shares Sold | Realized Gain (Loss) | Change in Unrealized Appreciation/ Depreciation | Number of Shares Held at 6/30/24 | Value at 6/30/24 | Dividend Income | |||||||||
State Street Institutional U.S. Government Money Market Fund, Class G Shares | 125,453 | $125,453 | $13,108,892 | $12,812,210 | $— | $— | 422,135 | $422,135 | $5,588 |
SPDR Bloomberg Emerging Markets Local Bond ETF | SPDR Bloomberg International Corporate Bond ETF | ||
ASSETS | |||
Investments in unaffiliated issuers, at value* | $1,867,476,271 | $152,450,059 | |
Investments in affiliated issuers, at value | 15,665,411 | 8,467,723 | |
Total Investments | 1,883,141,682 | 160,917,782 | |
Foreign currency, at value | 11,474,296 | 988,068 | |
Net cash at broker | 280,000 | — | |
Cash | 2,174 | — | |
Receivable for investments sold | 27,354,261 | 879,091 | |
Unrealized appreciation on forward foreign currency exchange contracts | 45,009 | — | |
Dividends receivable — affiliated issuers | 19,744 | 160 | |
Interest receivable — unaffiliated issuers | 31,084,214 | 1,665,732 | |
Securities lending income receivable — unaffiliated issuers | — | 43 | |
Securities lending income receivable — affiliated issuers | 2,686 | 1,719 | |
Receivable for foreign taxes recoverable | 633,459 | 1,542 | |
TOTAL ASSETS | 1,954,037,525 | 164,454,137 | |
LIABILITIES | |||
Payable upon return of securities loaned | 11,529,039 | 8,462,907 | |
Payable for investments purchased | 22,757,425 | 856,307 | |
Unrealized depreciation on forward foreign currency exchange contracts | 53,606 | — | |
Deferred foreign taxes payable | 90,291 | — | |
Advisory fee payable | 474,463 | 63,795 | |
Trustees’ fees and expenses payable | — | 42 | |
TOTAL LIABILITIES | 34,904,824 | 9,383,051 | |
NET ASSETS | $1,919,132,701 | $155,071,086 | |
NET ASSETS CONSIST OF: | |||
Paid-in capital | $2,217,688,549 | $170,375,795 | |
Total distributable earnings (loss)** | (298,555,848) | (15,304,709) | |
NET ASSETS | $1,919,132,701 | $155,071,086 | |
NET ASSET VALUE PER SHARE | |||
Net asset value per share | $19.95 | $28.72 | |
Shares outstanding (unlimited amount authorized, $0.01 par value) | 96,200,000 | 5,400,000 | |
COST OF INVESTMENTS: | |||
Investments in unaffiliated issuers | $2,034,482,453 | $165,071,287 | |
Investments in affiliated issuers | 15,665,411 | 8,467,723 | |
Total cost of investments | $2,050,147,864 | $173,539,010 | |
Foreign currency, at cost | $11,569,538 | $1,016,743 | |
* Includes investments in securities on loan, at value | $11,286,155 | $8,274,292 | |
** Includes deferred foreign taxes | $90,291 | $— |
SPDR Bloomberg International Treasury Bond ETF | SPDR Bloomberg Short Term International Treasury Bond ETF | SPDR FTSE International Government Inflation-Protected Bond ETF | ||
$856,993,640 | $147,752,866 | $368,364,580 | ||
379,899 | 34,366 | 422,135 | ||
857,373,539 | 147,787,232 | 368,786,715 | ||
1,912,881 | 333,982 | 8,220,859 | ||
— | — | — | ||
11 | 8 | 1,517,758 | ||
10,440,919 | 10,739,736 | 249,039 | ||
— | — | — | ||
6,746 | 208 | 1,073 | ||
7,010,602 | 982,410 | 1,953,042 | ||
— | — | — | ||
— | — | — | ||
363,351 | 79,218 | — | ||
877,108,049 | 159,922,794 | 380,728,486 | ||
— | — | — | ||
10,847,152 | 10,606,294 | 4,332,253 | ||
— | — | — | ||
38,694 | 829 | 1,927 | ||
250,468 | 43,091 | 158,435 | ||
39 | — | 76 | ||
11,136,353 | 10,650,214 | 4,492,691 | ||
$865,971,696 | $149,272,580 | $376,235,795 | ||
$1,064,969,581 | $160,936,901 | $491,819,467 | ||
(198,997,885) | (11,664,321) | (115,583,672) | ||
$865,971,696 | $149,272,580 | $376,235,795 | ||
$21.43 | $25.74 | $38.39 | ||
40,400,038 | 5,800,000 | 9,800,483 | ||
$1,028,230,548 | $152,499,248 | $451,272,732 | ||
379,899 | 34,366 | 422,135 | ||
$1,028,610,447 | $152,533,614 | $451,694,867 | ||
$1,930,317 | $348,979 | $8,277,275 | ||
$— | $— | $— | ||
$38,694 | $829 | $— |
SPDR Bloomberg Emerging Markets Local Bond ETF | SPDR Bloomberg International Corporate Bond ETF | ||
INVESTMENT INCOME | |||
Interest income — unaffiliated issuers | $63,393,154 | $2,585,319 | |
Dividend income — affiliated issuers | 104,884 | 1,248 | |
Unaffiliated securities lending income | — | 85 | |
Affiliated securities lending income | 18,886 | 12,411 | |
Foreign taxes withheld | (1,242,210) | — | |
TOTAL INVESTMENT INCOME (LOSS) | 62,274,714 | 2,599,063 | |
EXPENSES | |||
Advisory fee | 2,891,925 | 431,183 | |
Trustees’ fees and expenses | 9,391 | 1,048 | |
Miscellaneous expenses | 1,676 | 158 | |
TOTAL EXPENSES | 2,902,992 | 432,389 | |
NET INVESTMENT INCOME (LOSS) | $59,371,722 | $2,166,674 | |
REALIZED AND UNREALIZED GAIN (LOSS) | |||
Net realized gain (loss) on: | |||
Investments — unaffiliated issuers* | (7,788,025) | (852,315) | |
In-kind redemptions — unaffiliated issuers | 441,529 | (1,221,546) | |
Forward foreign currency exchange contracts | (160,376) | — | |
Foreign currency transactions | (4,273,387) | (58,818) | |
Net realized gain (loss) | (11,780,259) | (2,132,679) | |
Net change in unrealized appreciation/depreciation on: | |||
Investments — unaffiliated issuers** | (128,810,388) | (5,978,011) | |
Forward foreign currency exchange contracts | (580,561) | — | |
Foreign currency translations | (1,290,618) | (140,699) | |
Net change in unrealized appreciation/depreciation | (130,681,567) | (6,118,710) | |
NET REALIZED AND UNREALIZED GAIN (LOSS) | (142,461,826) | (8,251,389) | |
NET INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS | $(83,090,104) | $(6,084,715) | |
* Includes foreign capital gain taxes | $(22,988) | $— | |
** Includes foreign deferred taxes | $(90,291) | $— |
SPDR Bloomberg International Treasury Bond ETF | SPDR Bloomberg Short Term International Treasury Bond ETF | SPDR FTSE International Government Inflation-Protected Bond ETF | ||
$10,878,494 | $2,122,427 | $13,750,435 | ||
26,993 | 1,925 | 5,588 | ||
— | — | — | ||
— | — | — | ||
(28,972) | (13,750) | — | ||
10,876,515 | 2,110,602 | 13,756,023 | ||
1,556,716 | 285,338 | 1,008,201 | ||
4,611 | 853 | 2,116 | ||
785 | 148 | 358 | ||
1,562,112 | 286,339 | 1,010,675 | ||
$9,314,403 | $1,824,263 | $12,745,348 | ||
(11,216,249) | (3,037,820) | (7,284,287) | ||
(5,948,822) | (380,640) | (2,565,876) | ||
— | — | — | ||
(1,006,157) | (26,310) | (338,491) | ||
(18,171,228) | (3,444,770) | (10,188,654) | ||
(59,602,653) | (7,420,596) | (30,309,495) | ||
— | — | — | ||
(310,266) | (54,679) | (166,388) | ||
(59,912,919) | (7,475,275) | (30,475,883) | ||
(78,084,147) | (10,920,045) | (40,664,537) | ||
$(68,769,744) | $(9,095,782) | $(27,919,189) | ||
$2,466 | $(1,442) | $(6,220) | ||
$(38,694) | $(829) | $— |
SPDR Bloomberg Emerging Markets Local Bond ETF | |||
Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | ||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||
Net investment income (loss) | $59,371,722 | $106,701,437 | |
Net realized gain (loss) | (11,780,259) | (70,326,780) | |
Net change in unrealized appreciation/depreciation | (130,681,567) | 150,107,819 | |
Net increase (decrease) in net assets resulting from operations | (83,090,104) | 186,482,476 | |
Distributions to shareholders | (46,478,922) | (64,472,196) | |
Return of capital | — | (34,621,000) | |
Total Distributions to shareholders | (46,478,922) | (99,093,196) | |
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||
Proceeds from shares sold | 119,630,477 | 320,399,516 | |
Cost of shares redeemed | (29,991,575) | (602,280,159) | |
Other capital | 226,697 | 1,843,086 | |
Net increase (decrease) in net assets from beneficial interest transactions | 89,865,599 | (280,037,557) | |
Net increase (decrease) in net assets during the period | (39,703,427) | (192,648,277) | |
Net assets at beginning of period | 1,958,836,128 | 2,151,484,405 | |
NET ASSETS AT END OF PERIOD | $1,919,132,701 | $1,958,836,128 | |
SHARES OF BENEFICIAL INTEREST: | |||
Shares sold | 5,800,000 | 15,400,000 | |
Shares redeemed | (1,500,000) | (28,500,000) | |
Net increase (decrease) from share transactions | 4,300,000 | (13,100,000) |
SPDR Bloomberg International Corporate Bond ETF | SPDR Bloomberg International Treasury Bond ETF | SPDR Bloomberg Short Term International Treasury Bond ETF | ||||||||
Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | |||||
$2,166,674 | $4,382,203 | $9,314,403 | $19,073,177 | $1,824,263 | $2,913,675 | |||||
(2,132,679) | (6,087,566) | (18,171,228) | (24,620,077) | (3,444,770) | (10,973,558) | |||||
(6,118,710) | 20,494,195 | (59,912,919) | 75,552,610 | (7,475,275) | 13,888,160 | |||||
(6,084,715) | 18,788,832 | (68,769,744) | 70,005,710 | (9,095,782) | 5,828,277 | |||||
(1,843,646) | (4,375,760) | (7,195,416) | (17,121,791) | (1,524,127) | — | |||||
— | — | — | — | — | (2,886,161) | |||||
(1,843,646) | (4,375,760) | (7,195,416) | (17,121,791) | (1,524,127) | (2,886,161) | |||||
5,826,418 | 165,969,923 | 57,069,041 | 431,595,476 | — | 69,937,787 | |||||
(62,325,385) | (101,190,806) | (167,852,400) | (548,098,418) | (18,076,359) | (40,190,928) | |||||
14,624 | 186,249 | 93,603 | 879,542 | 4,646 | 39,005 | |||||
(56,484,343) | 64,965,366 | (110,689,756) | (115,623,400) | (18,071,713) | 29,785,864 | |||||
(64,412,704) | 79,378,438 | (186,654,916) | (62,739,481) | (28,691,622) | 32,727,980 | |||||
219,483,790 | 140,105,352 | 1,052,626,612 | 1,115,366,093 | 177,964,202 | 145,236,222 | |||||
$155,071,086 | $219,483,790 | $865,971,696 | $1,052,626,612 | $149,272,580 | $177,964,202 | |||||
200,000 | 5,850,000 | 2,600,000 | 19,600,000 | — | 2,600,000 | |||||
(2,150,000) | (3,600,000) | (7,500,000) | (24,200,000) | (700,000) | (1,500,000) | |||||
(1,950,000) | 2,250,000 | (4,900,000) | (4,600,000) | (700,000) | 1,100,000 |
SPDR FTSE International Government Inflation-Protected Bond ETF | |||
Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | ||
INCREASE (DECREASE) IN NET ASSETS FROM OPERATIONS: | |||
Net investment income (loss) | $12,745,348 | $31,706,677 | |
Net realized gain (loss) | (10,188,654) | (25,809,693) | |
Net change in unrealized appreciation/depreciation | (30,475,883) | 33,431,377 | |
Net increase (decrease) in net assets resulting from operations | (27,919,189) | 39,328,361 | |
Distributions to shareholders | (9,969,911) | (18,628,462) | |
Return of capital | — | (12,655,664) | |
Total Distributions to shareholders | (9,969,911) | (31,284,126) | |
FROM BENEFICIAL INTEREST TRANSACTIONS: | |||
Cost of shares redeemed | (31,579,329) | (83,245,671) | |
Other capital | 40,281 | 90,623 | |
Net increase (decrease) in net assets from beneficial interest transactions | (31,539,048) | (83,155,048) | |
Net increase (decrease) in net assets during the period | (69,428,148) | (75,110,813) | |
Net assets at beginning of period | 445,663,943 | 520,774,756 | |
NET ASSETS AT END OF PERIOD | $376,235,795 | $445,663,943 | |
SHARES OF BENEFICIAL INTEREST: | |||
Shares sold | — | — | |
Shares redeemed | (800,000) | (2,000,000) | |
Net increase (decrease) from share transactions | (800,000) | (2,000,000) |
SPDR Bloomberg Emerging Markets Local Bond ETF | |||||||||||
Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | Year Ended 12/31/22 | Year Ended 12/31/21 | Year Ended 12/31/20 | Six-month Period Ended 12/31/19(a) | ||||||
Net asset value, beginning of period | $21.31 | $20.49 | $24.37 | $28.00 | $27.83 | $27.76 | |||||
Income (loss) from investment operations: | |||||||||||
Net investment income (loss) (b) | 0.63 | 1.18 | 1.13 | 1.01 | 1.13 | 0.65 | |||||
Net realized and unrealized gain (loss) (c) | (1.50) | 0.74 | (4.08) | (3.72) | 0.05 | 0.15 | |||||
Total from investment operations | (0.87) | 1.92 | (2.95) | (2.71) | 1.18 | 0.80 | |||||
Contribution from affiliate | — | — | 0.01 | — | — | — | |||||
Other capital (b) | 0.00(d) | 0.02 | 0.04 | 0.02 | 0.02 | 0.01 | |||||
Distributions to shareholders from: | |||||||||||
Net investment income | (0.49) | (0.73) | (0.04) | (0.81) | (0.22) | (0.07) | |||||
Return of Capital | — | (0.39) | (0.94) | (0.13) | (0.81) | (0.67) | |||||
Total distributions | (0.49) | (1.12) | (0.98) | (0.94) | (1.03) | (0.74) | |||||
Net asset value, end of period | $19.95 | $21.31 | $20.49 | $24.37 | $28.00 | $27.83 | |||||
Total return (e) | (4.15)% | 9.79% | (11.89)%(f) | (9.74)% | 4.59% | 2.94% | |||||
Ratios and Supplemental Data: | |||||||||||
Net assets, end of period (in 000s) | $1,919,133 | $1,958,836 | $2,151,484 | $1,179,569 | $1,013,443 | $1,015,629 | |||||
Ratios to average net assets: | |||||||||||
Total expenses | 0.30%(g) | 0.30% | 0.31% | 0.30% | 0.30% | 0.30%(g) | |||||
Net expenses | 0.30%(g) | 0.30% | 0.31% | 0.30% | 0.30% | 0.30%(g) | |||||
Net investment income (loss) | 6.16%(g) | 5.70% | 5.45% | 3.86% | 4.26% | 4.69%(g) | |||||
Portfolio turnover rate (h) | 14%(i) | 52% | 39% | 22% | 50% | 18%(i) |
(a) | Effective November 12, 2019, the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the period. |
(c) | Amounts shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for the Fund. |
(d) | Amount is less than $0.005 per share. |
(e) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation. |
(f) | If an affiliate had not made a contribution during the year ended December 31, 2022, the total return would have been (11.93)%. |
(g) | Annualized. |
(h) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions. |
(i) | Not annualized. |
SPDR Bloomberg International Corporate Bond ETF | |||||||||||
Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | Year Ended 12/31/22 | Year Ended 12/31/21 | Year Ended 12/31/20 | Six-month Period Ended 12/31/19(a) | ||||||
Net asset value, beginning of period | $29.86 | $27.47 | $34.46 | $37.76 | $33.98 | $34.15 | |||||
Income (loss) from investment operations: | |||||||||||
Net investment income (loss) (b) | 0.36 | 0.63 | 0.23 | 0.12 | 0.18 | 0.14 | |||||
Net realized and unrealized gain (loss) (c) | (1.19) | 2.35 | (7.08) | (3.30) | 3.74 | (0.20) | |||||
Total from investment operations | (0.83) | 2.98 | (6.85) | (3.18) | 3.92 | (0.06) | |||||
Other capital (b) | 0.00(d) | 0.03 | 0.01 | 0.01 | 0.02 | 0.02 | |||||
Distributions to shareholders from: | |||||||||||
Net investment income | (0.31) | (0.62) | (0.15) | (0.13) | (0.04) | (0.10) | |||||
Return of Capital | — | — | — | — | (0.12) | (0.03) | |||||
Total distributions | (0.31) | (0.62) | (0.15) | (0.13) | (0.16) | (0.13) | |||||
Net asset value, end of period | $28.72 | $29.86 | $27.47 | $34.46 | $37.76 | $33.98 | |||||
Total return (e) | (2.80)% | 11.13% | (19.86)% | (8.41)% | 11.69% | (0.15)% | |||||
Ratios and Supplemental Data: | |||||||||||
Net assets, end of period (in 000s) | $155,071 | $219,484 | $140,105 | $151,641 | $260,546 | $190,273 | |||||
Ratios to average net assets: | |||||||||||
Total expenses | 0.50%(f) | 0.50% | 0.51% | 0.50% | 0.50% | 0.50%(f) | |||||
Net investment income (loss) | 2.51%(f) | 2.25% | 0.78% | 0.32% | 0.54% | 0.81%(f) | |||||
Portfolio turnover rate (g) | 7%(h) | 14% | 14% | 14% | 23% | 5%(h) |
(a) | Effective November 12, 2019, the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the period. |
(c) | Amounts shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for the Fund. |
(d) | Amount is less than $0.005 per share. |
(e) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation. |
(f) | Annualized. |
(g) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions. |
(h) | Not annualized. |
SPDR Bloomberg International Treasury Bond ETF | |||||||||||
Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | Year Ended 12/31/22 | Year Ended 12/31/21 | Year Ended 12/31/20 | Six-month Period Ended 12/31/19(a) | ||||||
Net asset value, beginning of period | $23.24 | $22.35 | $28.15 | $31.22 | $28.74 | $28.87 | |||||
Income (loss) from investment operations: | |||||||||||
Net investment income (loss) (b) | 0.23 | 0.42 | 0.34 | 0.28 | 0.35 | 0.19 | |||||
Net realized and unrealized gain (loss) (c) | (1.86) | 0.83 | (5.87) | (3.10) | 2.42 | (0.13) | |||||
Total from investment operations | (1.63) | 1.25 | (5.53) | (2.82) | 2.77 | 0.06 | |||||
Contribution from Affiliate | — | — | — | — | 0.00(d) | — | |||||
Other capital (b) | 0.00(d) | 0.02 | 0.00(d) | 0.01 | 0.01 | 0.00(d) | |||||
Distributions to shareholders from: | |||||||||||
Net investment income | (0.18) | (0.38) | (0.27) | (0.26) | (0.30) | (0.19) | |||||
Net asset value, end of period | $21.43 | $23.24 | $22.35 | $28.15 | $31.22 | $28.74 | |||||
Total return (e) | (7.00)% | 5.73% | (19.66)% | (9.01)% | 9.73%(f) | 0.20% | |||||
Ratios and Supplemental Data: | |||||||||||
Net assets, end of period (in 000s) | $865,972 | $1,052,627 | $1,115,366 | $951,578 | $1,011,547 | $1,028,855 | |||||
Ratios to average net assets: | |||||||||||
Total expenses | 0.35%(g) | 0.35% | 0.36% | 0.35% | 0.35% | 0.35%(g) | |||||
Net investment income (loss) | 2.09%(g) | 1.88% | 1.43% | 0.95% | 1.19% | 1.31%(g) | |||||
Portfolio turnover rate (h) | 8%(i) | 20% | 14% | 15% | 16% | 7%(i) |
(a) | Effective November 12, 2019, the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the period. |
(c) | Amounts shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for the Fund. |
(d) | Amount is less than $0.005 per share. |
(e) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation. |
(f) | If an affiliate had not made a contribution during the year ended December 31, 2020, the total return would have remained 9.73%. |
(g) | Annualized. |
(h) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions. |
(i) | Not annualized. |
SPDR Bloomberg Short Term International Treasury Bond ETF | |||||||||||
Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | Year Ended 12/31/22 | Year Ended 12/31/21 | Year Ended 12/31/20 | Six-month Period Ended 12/31/19(a) | ||||||
Net asset value, beginning of period | $27.38 | $26.90 | $30.38 | $32.84 | $30.88 | $31.05 | |||||
Income (loss) from investment operations: | |||||||||||
Net investment income (loss) (b) | 0.29 | 0.45 | 0.12 | (0.03) | 0.05 | 0.07 | |||||
Net realized and unrealized gain (loss) (c) | (1.69) | 0.47 | (3.47) | (2.26) | 1.94 | (0.17) | |||||
Total from investment operations | (1.40) | 0.92 | (3.35) | (2.29) | 1.99 | (0.10) | |||||
Contribution from affiliate | — | — | 0.00(d) | — | 0.00(d) | — | |||||
Other capital (b) | 0.00(d) | 0.01 | (0.01) | 0.01 | 0.01 | 0.00(d) | |||||
Distributions to shareholders from: | |||||||||||
Net investment income | (0.24) | — | (0.12) | (0.18) | (0.04) | — | |||||
Return of Capital | — | (0.45) | — | — | — | (0.07) | |||||
Total distributions | (0.24) | (0.45) | (0.12) | (0.18) | (0.04) | (0.07) | |||||
Net asset value, end of period | $25.74 | $27.38 | $26.90 | $30.38 | $32.84 | $30.88 | |||||
Total return (e) | (5.09)% | 3.49% | (11.07)%(f) | (6.91)% | 6.49%(g) | (0.36)% | |||||
Ratios and Supplemental Data: | |||||||||||
Net assets, end of period (in 000s) | $149,273 | $177,964 | $145,236 | $170,134 | $213,429 | $299,496 | |||||
Ratios to average net assets: | |||||||||||
Total expenses | 0.35%(h) | 0.36% | 0.36% | 0.35% | 0.35% | 0.35%(h) | |||||
Net investment income (loss) | 2.24%(h) | 1.70% | 0.45% | (0.09)% | 0.16% | 0.43%(h) | |||||
Portfolio turnover rate (i) | 26%(j) | 51% | 56% | 64% | 67% | 31%(j) |
(a) | Effective November 12, 2019, the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the period. |
(c) | Amounts shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for the Fund. |
(d) | Amount is less than $0.005 per share. |
(e) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation. |
(f) | If an affiliate had not made a contribution during the year ended ended December 31, 2022, the total return would have remained (11.07)% |
(g) | If an affiliate had not made a contribution during the year ended ended December 31, 2020, the total return would have remained 6.49%. |
(h) | Annualized. |
(i) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions. |
(j) | Not annualized. |
SPDR FTSE International Government Inflation-Protected Bond ETF | |||||||||||
Six-Months Ended 6/30/24 (Unaudited) | Year Ended 12/31/23 | Year Ended 12/31/22 | Year Ended 12/31/21 | Year Ended 12/31/20 | Six-month Period Ended 12/31/19(a) | ||||||
Net asset value, beginning of period | $42.04 | $41.33 | $53.95 | $58.57 | $55.28 | $55.31 | |||||
Income (loss) from investment operations: | |||||||||||
Net investment income (loss) (b) | 1.25 | 2.77 | 4.91 | 2.56 | 1.02 | 0.66 | |||||
Net realized and unrealized gain (loss) (c) | (3.91) | 0.67 | (12.97) | (4.71) | 3.17 | 0.19 | |||||
Total from investment operations | (2.66) | 3.44 | (8.06) | (2.15) | 4.19 | 0.85 | |||||
Contribution from affiliate | — | — | 0.00(d) | — | — | — | |||||
Other capital (b) | 0.00(d) | 0.01 | 0.03 | 0.02 | 0.03 | 0.01 | |||||
Distributions to shareholders from: | |||||||||||
Net investment income | (0.99) | (1.63) | (3.53) | (2.49) | (0.93) | (0.87) | |||||
Return of Capital | — | (1.11) | (1.06) | — | — | (0.02) | |||||
Total distributions | (0.99) | (2.74) | (4.59) | (2.49) | (0.93) | (0.89) | |||||
Net asset value, end of period | $38.39 | $42.04 | $41.33 | $53.95 | $58.57 | $55.28 | |||||
Total return (e) | (6.40)% | 8.74% | (15.41)%(f) | (3.68)% | 7.76% | 1.58% | |||||
Ratios and Supplemental Data: | |||||||||||
Net assets, end of period (in 000s) | $376,236 | $445,664 | $520,775 | $453,227 | $380,717 | $431,216 | |||||
Ratios to average net assets: | |||||||||||
Total expenses | 0.50%(g) | 0.50% | 0.51% | 0.50% | 0.50% | 0.50%(g) | |||||
Net investment income (loss) | 6.32%(g) | 6.70% | 10.68% | 4.57% | 1.90% | 2.39%(g) | |||||
Portfolio turnover rate (h) | 7%(i) | 22% | 37% | 20% | 28% | 8%(i) |
(a) | Effective November 12, 2019, the Board of Trustees approved a change in fiscal year end for the Fund from June 30 to December 31. |
(b) | Per share numbers have been calculated using average shares outstanding, which more appropriately presents the per share data for the period. |
(c) | Amounts shown in this caption for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period because of the timing of sales and repurchases of Fund shares in relation to fluctuating market values for the Fund. |
(d) | Amount is less than $0.005 per share. |
(e) | Total return is calculated assuming a purchase of shares at net asset value on the first day and a sale at net asset value on the last day of each period reported. Distributions are assumed, for the purpose of this calculation, to be reinvested at net asset value per share on the respective payment dates of each distribution. Total returns for periods of less than one year are not annualized. Broker commission charges are not included in this calculation. |
(f) | If an affiliate had not made a contribution during the year ended December 31 2022, the total return would have remained (15.41)%. |
(g) | Annualized. |
(h) | Portfolio turnover rate excludes securities received or delivered from in-kind processing of creations or redemptions. |
(i) | Not annualized. |
SPDR Bloomberg Emerging Markets Local Bond ETF |
SPDR Bloomberg International Corporate Bond ETF |
SPDR Bloomberg International Treasury Bond ETF |
SPDR Bloomberg Short Term International Treasury Bond ETF |
SPDR FTSE International Government Inflation-Protected Bond ETF |
Asset Derivatives | |||||||||||
Interest Rate Risk | Foreign Exchange Risk | Credit Risk | Equity Risk | Commodity Risk | Total | ||||||
SPDR Bloomberg Emerging Markets Local Bond ETF | |||||||||||
Forward Foreign Currency Exchange Contracts | $— | $45,009 | $— | $— | $— | $45,009 |
Liability Derivatives | |||||||||||
Interest Rate Risk | Foreign Exchange Risk | Credit Risk | Equity Risk | Commodity Risk | Total | ||||||
SPDR Bloomberg Emerging Markets Local Bond ETF | |||||||||||
Forward Foreign Currency Exchange Contracts | $— | $53,606 | $— | $— | $— | $53,606 |
Net Realized Gain (Loss) | |||||||||||
Interest Rate Risk | Foreign Exchange Risk | Credit Risk | Equity Risk | Commodity Risk | Total | ||||||
SPDR Bloomberg Emerging Markets Local Bond ETF | |||||||||||
Forward Foreign Currency Exchange Contracts | $— | $(160,376) | $— | $— | $— | $(160,376) |
Net Change in Unrealized Appreciation/Depreciation | |||||||||||
Interest Rate Risk | Foreign Exchange Risk | Credit Risk | Equity Risk | Commodity Risk | Total | ||||||
SPDR Bloomberg Emerging Markets Local Bond ETF | |||||||||||
Forward Foreign Currency Exchange Contracts | $— | $(580,561) | $— | $— | $— | $(580,561) |
Offsetting of Financial Assets and Derivative Assets | ||||||||
Forward Foreign Currency Exchange Contracts | ||||||||
Counterparty | Gross Amounts of Assets | Amount Eligible to Offset | Collateral (Received) Pledged | Net Amount | ||||
JP Morgan Chase Bank, N.A. | $2,595 | $(2,595) | $— | $— | ||||
Standard Chartered Bank | 2,477 | — | — | 2,477 | ||||
UBS AG | 11,380 | (11,380) | — | — | ||||
Westpac Banking Corp. | 28,557 | (6,083) | — | 22,474 | ||||
$45,009 | $(20,058) | $— | $24,951 |
Offsetting of Financial Liabilities and Derivative Liabilities | ||||||||
Forward Foreign Currency Exchange Contracts | ||||||||
Counterparty | Gross Amounts of Liabilities | Amount Eligible to Offset | Collateral (Received) Pledged | Net Amount | ||||
JP Morgan Chase Bank, N.A. | $(34,371) | $2,595 | $— | $(31,776) | ||||
UBS AG | (13,152) | 11,380 | — | (1,772) | ||||
Westpac Banking Corp. | (6,083) | 6,083 | — | — | ||||
$(53,606) | $20,058 | $— | $(33,548) |
Annual Rate | |
SPDR Bloomberg Emerging Markets Local Bond ETF | 0.30% |
SPDR Bloomberg International Corporate Bond ETF | 0.50 |
SPDR Bloomberg International Treasury Bond ETF | 0.35 |
SPDR Bloomberg Short Term International Treasury Bond ETF | 0.35 |
SPDR FTSE International Government Inflation-Protected Bond ETF | 0.50 |
Purchases | Sales | ||
SPDR Bloomberg Emerging Markets Local Bond ETF | $348,589,145 | $255,116,576 | |
SPDR Bloomberg International Corporate Bond ETF | 14,829,956 | 11,353,090 | |
SPDR Bloomberg International Treasury Bond ETF | 68,401,020 | 88,177,547 | |
SPDR Bloomberg Short Term International Treasury Bond ETF | 42,964,521 | 46,021,018 | |
SPDR FTSE International Government Inflation-Protected Bond ETF | 27,181,216 | 51,165,530 |
In-kind Contributions | In-kind Redemptions | In-kind Net Realized Gains/(Losses) | |||
SPDR Bloomberg Emerging Markets Local Bond ETF | $— | $13,948,131 | $441,529 | ||
SPDR Bloomberg International Corporate Bond ETF | 1,330,698 | 60,494,622 | (1,221,546) | ||
SPDR Bloomberg International Treasury Bond ETF | 48,320,930 | 137,256,372 | (5,948,822) | ||
SPDR Bloomberg Short Term International Treasury Bond ETF | — | 14,922,643 | (380,640) | ||
SPDR FTSE International Government Inflation-Protected Bond ETF | — | 23,447,098 | (2,565,876) |
Tax Cost | Gross Unrealized Appreciation | Gross Unrealized Depreciation | Net Unrealized Appreciation (Depreciation) | ||||
SPDR Bloomberg Emerging Markets Local Bond ETF | $2,057,853,263 | $21,694,643 | $196,414,821 | $(174,720,178) | |||
SPDR Bloomberg International Corporate Bond ETF | 173,677,404 | 720,154 | 13,479,776 | (12,759,622) | |||
SPDR Bloomberg International Treasury Bond ETF | 1,030,319,855 | 4,077,289 | 177,023,605 | (172,946,316) | |||
SPDR Bloomberg Short Term International Treasury Bond ETF | 152,676,509 | 829,449 | 5,718,726 | (4,889,277) | |||
SPDR FTSE International Government Inflation-Protected Bond ETF | 459,869,527 | 1,187,932 | 92,270,744 | (91,082,812) |
Fund | Market Value of Securities on Loan | Cash Collateral Received | Total Collateral Received | |||
SPDR Bloomberg Emerging Markets Local Bond ETF | $ 11,286,155 | $ 11,529,039 | $ 11,529,039 | |||
SPDR Bloomberg International Corporate Bond ETF | 8,274,292 | 8,462,907 | 8,462,907 |
Remaining Contractual Maturity of the Agreements as of June 30, 2024 | ||||||||||||||
Fund | Securities Lending Transactions | Overnight and Continuous | <30 Days | Between 30 & 90 Days | >90 Days | Total Borrowings | Gross Amount of Recognized Liabilities for Securities Lending Transactions | |||||||
SPDR Bloomberg Emerging Markets Local Bond ETF | Foreign Government Obligations | $11,529,039 | $— | $— | $— | $11,529,039 | $11,529,039 | |||||||
SPDR Bloomberg International Corporate Bond ETF | Corporate Bonds & Notes | 8,462,907 | — | — | — | 8,462,907 | 8,462,907 |
Item 8. Changes in and Disagreements with Accountants for Open-End Management Investment Companies
Not applicable.
Item 9. Proxy Disclosures for Open-End Management Investment Companies
Not applicable.
Item 10. Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies
Renumeration Paid to Directors, Officers, and Others of Open-End Investment Companies is included as part of the Financial Statements filed under Item 7(a) of this Form.
Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract
The registrant’s Statement Regarding Basis for Approval of Investment Advisory Contract is included as part of the Financial Statements filed under Item 7(a) of this Form.
Item 12. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable to the registrant.
Item 13. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable to the registrant.
Item 14. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable to the registrant.
Item 15. Submission of Matters to a Vote of Security Holders.
The registrant has not adopted any material changes to the procedures by which shareholders may recommend nominees to the registrant’s Board.
Item 16. Controls and Procedures.
(a) Within 90 days of the filing date of this Form N-CSR, Ann M. Carpenter, the registrant’s President and Principal Executive Officer, and Bruce S. Rosenberg, the registrant’s Treasurer and Principal Financial Officer, reviewed the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the 1940 Act) and evaluated their effectiveness. Based on their review, Ms. Carpenter and Mr. Rosenberg determined that the disclosure controls and procedures adequately ensure that information required to be disclosed by the registrant in its periodic reports is recorded, processed, summarized and reported within the time periods required by the U.S. Securities and Exchange Commission.
(b) There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 17. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
(a) Not applicable to the registrant.
(b) Not applicable to the registrant.
Item 18. Recovery of Erroneously Awarded Compensation
Not applicable to the registrant.
Item 19. Exhibits.
(a)(1) Not applicable to this filing; this Form N-CSR is a Semi-Annual Report.
(a)(2) Not applicable to the registrant.
(a)(4) Not applicable.
(a)(5) Not applicable.
(101) Inline Interactive Data File - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the inline XBRL document.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, and the Investment Company Act of 1940, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
SPDR® Series Trust
By: | /s/ Ann M. Carpenter | |
Ann M. Carpenter | ||
President and Principal Executive Officer | ||
Date: | September 6, 2024 |
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, and the Investment Company Act of 1940, as amended, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Ann M. Carpenter | |
Ann M. Carpenter | ||
President and Principal Executive Officer | ||
Date: | September 6, 2024 | |
By: | /s/ Bruce S. Rosenberg | |
Bruce S. Rosenberg | ||
Treasurer and Principal Financial Officer | ||
Date: | September 6, 2024 |