Quarterly Holdings Report
for
Fidelity® International Bond Index Fund
March 31, 2024
IBI-NPRT1-0524
1.9896129.104
Nonconvertible Bonds - 25.1% | |||
Principal Amount (a) | Value ($) | ||
Australia - 1.0% | |||
Amcor UK Finance PLC 1.125% 6/23/27 | EUR | 1,384,000 | 1,384,936 |
APT Pipelines Ltd. 2% 7/15/30 (Reg. S) | EUR | 110,000 | 107,709 |
AusNet Services Holdings Pty Ltd. 1.625% 3/11/81 (Reg. S) (b) | EUR | 100,000 | 99,254 |
Australia & New Zealand Banking Group Ltd.: | |||
1.125% 11/21/29 (Reg. S) (b) | EUR | 260,000 | 274,095 |
1.65% 1/16/25 | AUD | 160,000 | 101,888 |
5.906% 8/12/32 (b) | AUD | 330,000 | 218,793 |
Commonwealth Bank of Australia: | |||
Australian Bank Bill 3 Months Rate + 2.700% 6.86% 11/9/32 (Reg. S) (b)(c) | AUD | 230,000 | 157,388 |
0.125% 10/15/29 (Reg. S) | EUR | 120,000 | 110,087 |
4.2% 8/18/25 | AUD | 580,000 | 376,146 |
Glencore Capital Finance DAC 0.75% 3/1/29 (Reg. S) | EUR | 100,000 | 93,782 |
National Australia Bank Ltd.: | |||
2.125% 5/24/28 (Reg. S) | EUR | 160,000 | 165,291 |
2.347% 8/30/29 | EUR | 130,000 | 134,899 |
6.163% 3/9/33 (b) | AUD | 120,000 | 80,304 |
New South Wales Treasury Corp.: | |||
1.25% 3/20/25 (Reg. S) | AUD | 803,000 | 509,008 |
1.75% 3/20/34 (Reg. S) | AUD | 840,000 | 421,829 |
2% 3/20/31 | AUD | 1,106,000 | 622,930 |
3% 4/20/29 (Reg. S) | AUD | 860,000 | 534,445 |
Treasury Corp. of Victoria: | |||
2.25% 11/20/34 | AUD | 350,000 | 180,102 |
5.25% 9/15/38 | AUD | 410,000 | 271,395 |
Western Australia Treasury Corp. 3% 10/21/26 | AUD | 1,842,000 | 1,174,022 |
Westpac Banking Corp.: | |||
2.7% 3/17/25 | AUD | 400,000 | 256,058 |
4.6% 2/16/26 | AUD | 300,000 | 195,549 |
TOTAL AUSTRALIA | 7,469,910 | ||
Austria - 0.2% | |||
Autobahn Schnell AG 0.1% 7/16/35 (Reg. S) | EUR | 710,000 | 560,225 |
BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG 0.1% 5/12/31 | EUR | 300,000 | 262,798 |
Erste Group Bank AG: | |||
0.25% 9/14/29 (Reg. S) | EUR | 100,000 | 91,203 |
1% 6/10/30 (Reg. S) (b) | EUR | 100,000 | 103,101 |
Oesterreichische Kontrollbank AG 0.5% 12/15/25 (Reg. S) | GBP | 152,000 | 178,657 |
OMV AG 2.375% 4/9/32 (Reg. S) | EUR | 76,000 | 77,518 |
Raiffeisen International Bank-Holding AG: | |||
1.5% 3/12/30 (Reg. S) (b) | EUR | 100,000 | 100,837 |
4.75% 1/26/27 (Reg. S) (b) | EUR | 100,000 | 108,733 |
TOTAL AUSTRIA | 1,483,072 | ||
Belgium - 0.2% | |||
Anheuser-Busch InBev SA NV: | |||
1.5% 4/18/30 (Reg. S) | EUR | 49,000 | 48,091 |
2% 3/17/28 (Reg. S) | EUR | 32,000 | 33,211 |
2.25% 5/24/29 (Reg. S) | GBP | 53,000 | 61,035 |
2.85% 5/25/37 (Reg. S) | GBP | 200,000 | 207,519 |
3.7% 4/2/40 (Reg. S) | EUR | 131,000 | 141,445 |
Belfius Bank SA/NV 0% 8/28/26 (Reg. S) | EUR | 100,000 | 99,427 |
Elia Transmission Belgium SA 0.875% 4/28/30 (Reg. S) | EUR | 100,000 | 93,218 |
Flemish Community 1.875% 6/2/42 | EUR | 100,000 | 85,888 |
Fluvius System Operator CVBA 0.25% 6/14/28 (Reg. S) | EUR | 100,000 | 94,980 |
KBC Group NV: | |||
0.125% 1/14/29 (Reg. S) (b) | EUR | 100,000 | 94,661 |
0.5% 12/3/29 (b) | EUR | 100,000 | 104,718 |
4.375% 4/19/30 (Reg. S) (b) | EUR | 100,000 | 111,443 |
Walloon Region 1.25% 5/3/34 (Reg. S) | EUR | 400,000 | 357,495 |
TOTAL BELGIUM | 1,533,131 | ||
Canada - 2.4% | |||
407 International, Inc.: | |||
2.84% 3/7/50 | CAD | 73,000 | 38,180 |
3.65% 9/8/44 | CAD | 295,000 | 184,899 |
Altalink LP 3.717% 12/3/46 | CAD | 338,000 | 212,537 |
Bank of Montreal 3.19% 3/1/28 | CAD | 585,000 | 415,471 |
Bank of Nova Scotia: | |||
0.01% 1/14/27 (Reg. S) | EUR | 500,000 | 493,423 |
3.1% 2/2/28 | CAD | 85,000 | 60,177 |
5.5% 12/29/25 | CAD | 840,000 | 627,754 |
Bell Canada 4.45% 2/27/47 | CAD | 40,000 | 26,008 |
Brookfield Corp. 3.8% 3/16/27 | CAD | 260,000 | 187,272 |
Canada Housing Trust No. 1: | |||
1.6% 12/15/31 (d) | CAD | 320,000 | 202,104 |
1.9% 9/15/26 (d) | CAD | 480,000 | 336,764 |
Canadian Imperial Bank of Commerce: | |||
0.01% 4/30/29 (Reg. S) | EUR | 3,019,000 | 2,790,105 |
1.7% 7/15/26 | CAD | 498,000 | 345,863 |
5.33% 1/20/33 (b) | CAD | 150,000 | 111,943 |
Canadian National Railway Co. 3.6% 8/1/47 | CAD | 229,000 | 140,494 |
Choice Properties REIT 4.178% 3/8/28 | CAD | 128,000 | 92,359 |
CPPIB Capital, Inc.: | |||
1.25% 12/7/27 (Reg. S) | GBP | 544,000 | 615,340 |
3% 6/15/28 | CAD | 1,310,000 | 933,949 |
4.2% 5/2/28 (Reg. S) | AUD | 90,000 | 58,291 |
CU, Inc. 3.548% 11/22/47 | CAD | 280,000 | 169,964 |
Enbridge Gas, Inc. 3.65% 4/1/50 | CAD | 290,000 | 176,292 |
Enbridge Pipelines, Inc. 4.13% 8/9/46 | CAD | 406,000 | 247,278 |
EPCOR Utilities, Inc. 3.554% 11/27/47 | CAD | 571,000 | 347,739 |
Fairfax Financial Holdings Ltd. 4.7% 12/16/26 | CAD | 234,000 | 171,096 |
Great-West Lifeco, Inc. 5.998% 11/16/39 | CAD | 50,000 | 40,446 |
Greater Toronto Airports Authority 2.75% 10/17/39 | CAD | 516,000 | 298,675 |
Hydro One, Inc.: | |||
1.69% 1/16/31 | CAD | 417,000 | 261,778 |
1.76% 2/28/25 | CAD | 1,270,000 | 912,041 |
3.02% 4/5/29 | CAD | 30,000 | 20,921 |
Hydro-Quebec: | |||
2.1% 2/15/60 | CAD | 70,000 | 31,232 |
4% 2/15/55 | CAD | 220,000 | 153,247 |
4% 2/15/63 | CAD | 500,000 | 349,740 |
5% 2/15/50 | CAD | 50,000 | 40,551 |
Inter Pipeline Ltd. 4.232% 6/1/27 | CAD | 1,526,000 | 1,098,522 |
Keyera Corp. 3.959% 5/29/30 | CAD | 761,000 | 532,590 |
Manulife Financial Corp. 2.237% 5/12/30 (b) | CAD | 460,000 | 329,514 |
National Bank of Canada 2.237% 11/4/26 | CAD | 360,000 | 250,683 |
North West Redwater Partnership/NWR Financing Co. Ltd. 4.35% 1/10/39 | CAD | 591,000 | 408,056 |
Nova Scotia Province 3.45% 6/1/45 | CAD | 150,000 | 94,639 |
Ontario Power Generation, Inc.: | |||
2.893% 4/8/25 | CAD | 390,000 | 282,157 |
3.215% 4/8/30 | CAD | 100,000 | 69,121 |
4.248% 1/18/49 | CAD | 50,000 | 33,301 |
Ontario Teachers' Finance Trust 0.95% 11/24/51 (Reg. S) | EUR | 110,000 | 66,706 |
Pembina Pipeline Corp. 4.74% 1/21/47 | CAD | 402,000 | 262,847 |
PSP Capital, Inc. 1.5% 3/15/28 (Reg. S) | CAD | 340,000 | 228,980 |
Rogers Communications, Inc. 2.9% 12/9/30 | CAD | 968,000 | 625,529 |
Royal Bank of Canada: | |||
0.625% 9/10/25 (Reg. S) | EUR | 756,000 | 784,471 |
2.088% 6/30/30 (b) | CAD | 710,000 | 505,494 |
2.125% 4/26/29 (Reg. S) | EUR | 110,000 | 111,482 |
2.609% 11/1/24 | CAD | 102,000 | 74,281 |
4.612% 7/26/27 | CAD | 530,000 | 392,264 |
Saskatchewan Province 3.3% 6/2/48 | CAD | 150,000 | 92,580 |
SmartCentres (REIT) 2.307% 12/18/28 | CAD | 100,000 | 64,486 |
Sun Life Financial, Inc.: | |||
2.06% 10/1/35 (b) | CAD | 110,000 | 68,660 |
2.8% 11/21/33 (b) | CAD | 50,000 | 33,935 |
TELUS Corp. 3.95% 2/16/50 | CAD | 33,000 | 19,226 |
The Toronto-Dominion Bank: | |||
1.707% 7/28/25 (Reg. S) | EUR | 360,000 | 379,787 |
1.943% 3/13/25 | CAD | 252,000 | 181,024 |
2.496% 12/2/24 | CAD | 60,000 | 43,581 |
3.631% 12/13/29 (Reg. S) | EUR | 320,000 | 348,965 |
Toronto Hydro Corp. 2.43% 12/11/29 | CAD | 80,000 | 53,666 |
TransCanada PipeLines Ltd.: | |||
3% 9/18/29 | CAD | 30,000 | 20,403 |
4.18% 7/3/48 | CAD | 33,000 | 19,933 |
4.35% 6/6/46 | CAD | 456,000 | 284,332 |
TOTAL CANADA | 18,855,148 | ||
China - 3.0% | |||
Agricultural Development Bank of China: | |||
2.99% 8/11/26 | CNY | 31,790,000 | 4,481,223 |
3.52% 5/24/31 | CNY | 38,250,000 | 5,646,565 |
Export-Import Bank of China: | |||
3.22% 5/14/26 | CNY | 57,740,000 | 8,156,955 |
3.38% 7/16/31 | CNY | 32,570,000 | 4,769,610 |
TOTAL CHINA | 23,054,353 | ||
Czech Republic - 0.0% | |||
CPI Property Group SA 2.75% 5/12/26 (Reg. S) | EUR | 153,000 | 149,589 |
Denmark - 0.2% | |||
Danske Bank A/S: | |||
0.5% 8/27/25 (Reg. S) (b) | EUR | 140,000 | 148,898 |
2.5% 6/21/29 (Reg. S) (b) | EUR | 126,000 | 135,254 |
4% 1/12/27 (Reg. S) (b) | EUR | 210,000 | 227,765 |
4.625% 4/13/27 (Reg. S) (b) | GBP | 100,000 | 125,105 |
KommuneKredit 0.125% 9/26/40 (Reg. S) | EUR | 100,000 | 68,011 |
Nykredit Realkredit A/S: | |||
0.5% 7/10/25 (Reg. S) | EUR | 144,000 | 149,069 |
0.75% 1/20/27 | EUR | 130,000 | 129,407 |
ORSTED A/S: | |||
2.125% 5/17/27 (Reg. S) | GBP | 104,000 | 120,389 |
2.5% 5/16/33 (Reg. S) | GBP | 104,000 | 106,856 |
5.125% 9/13/34 (Reg. S) | GBP | 290,000 | 362,970 |
TOTAL DENMARK | 1,573,724 | ||
Finland - 0.2% | |||
Kuntarahoitus OYJ 5.125% 7/22/27 (Reg. S) | GBP | 120,000 | 154,925 |
Nordea Bank Abp: | |||
0.5% 3/19/31 (Reg. S) | EUR | 120,000 | 107,250 |
1% 6/27/29 (Reg. S) (b) | EUR | 135,000 | 144,326 |
2.5% 5/23/29 (Reg. S) | EUR | 144,000 | 148,257 |
Nordea Mortgage Bank PLC: | |||
1% 11/5/24 (Reg. S) | EUR | 180,000 | 191,107 |
2.5% 9/14/32 (Reg. S) | EUR | 110,000 | 115,063 |
OP Mortgage Bank PLC: | |||
0.01% 11/19/30 (Reg. S) | EUR | 180,000 | 160,145 |
1% 11/28/24 (Reg. S) | EUR | 170,000 | 180,133 |
Pohjola Bank PLC: | |||
0.1% 11/16/27 (Reg. S) | EUR | 130,000 | 125,202 |
1.375% 9/4/26 (Reg. S) | GBP | 160,000 | 184,488 |
TOTAL FINLAND | 1,510,896 | ||
France - 3.7% | |||
Action Logement Services 0.375% 10/5/31 (Reg. S) | EUR | 600,000 | 532,866 |
Aeroports de Paris SA 2.125% 10/2/26 (Reg. S) | EUR | 500,000 | 523,448 |
Airbus Group NV 2.375% 6/9/40 (Reg. S) | EUR | 166,000 | 152,997 |
ALD SA 4% 7/5/27 (Reg. S) | EUR | 200,000 | 217,583 |
Arkea Public Sector SCF SA 0.875% 3/31/28 (Reg. S) | EUR | 200,000 | 198,515 |
Autoroutes du Sud de la France 2.75% 9/2/32 (Reg. S) | EUR | 300,000 | 311,570 |
AXA SA: | |||
1.875% 7/10/42 (Reg. S) (b) | EUR | 253,000 | 229,705 |
3.375% 7/6/47 (Reg. S) (b) | EUR | 100,000 | 105,684 |
Banque Federative du Credit Mutuel SA: | |||
0.625% 11/19/27 (Reg. S) | EUR | 100,000 | 97,192 |
0.75% 1/17/30 (Reg. S) | EUR | 200,000 | 182,803 |
0.875% 12/7/27 (Reg. S) | GBP | 600,000 | 662,823 |
1% 7/16/26 (Reg. S) | GBP | 100,000 | 115,632 |
1.125% 11/19/31 (Reg. S) | EUR | 100,000 | 87,139 |
1.25% 5/26/27 (Reg. S) | EUR | 100,000 | 100,963 |
1.25% 6/3/30 (Reg. S) | EUR | 100,000 | 93,506 |
2.5% 5/25/28 (Reg. S) | EUR | 300,000 | 308,404 |
2.625% 11/6/29 (Reg. S) | EUR | 100,000 | 102,318 |
4.375% 5/2/30 (Reg. S) | EUR | 100,000 | 111,695 |
BNP Paribas SA: | |||
0.625% 12/3/32 (Reg. S) | EUR | 100,000 | 83,380 |
0.875% 7/11/30 (Reg. S) (b) | EUR | 100,000 | 93,476 |
1.25% 7/13/31 (Reg. S) | GBP | 100,000 | 97,760 |
1.625% 7/2/31 (Reg. S) | EUR | 100,000 | 92,002 |
1.875% 12/14/27 (Reg. S) | GBP | 200,000 | 226,824 |
2% 5/24/31 (Reg. S) (b) | GBP | 200,000 | 231,993 |
2% 9/13/36 (Reg. S) | GBP | 100,000 | 91,366 |
2.5% 3/31/32 (Reg. S) (b) | EUR | 100,000 | 102,352 |
2.538% 7/13/29 (b) | CAD | 250,000 | 167,549 |
3.375% 1/23/26 (Reg. S) | GBP | 550,000 | 672,378 |
Bouygues SA: | |||
0.5% 2/11/30 (Reg. S) | EUR | 100,000 | 92,449 |
2.25% 6/29/29 (Reg. S) | EUR | 100,000 | 102,663 |
BPCE SA: | |||
0.25% 1/15/26 (Reg. S) | EUR | 100,000 | 101,813 |
0.25% 1/14/31 (Reg. S) | EUR | 200,000 | 174,851 |
0.5% 9/15/27 (Reg. S) (b) | EUR | 600,000 | 598,631 |
1% 1/14/32 (Reg. S) | EUR | 200,000 | 177,319 |
1.625% 1/31/28 (Reg. S) | EUR | 100,000 | 100,492 |
2.25% 3/2/32 (Reg. S) (b) | EUR | 100,000 | 101,846 |
2.5% 11/30/32 (Reg. S) (b) | GBP | 100,000 | 111,812 |
BPCE SFH: | |||
0.01% 10/16/28 (Reg. S) | EUR | 500,000 | 471,802 |
3.375% 6/27/33 (Reg. S) | EUR | 400,000 | 444,719 |
Caisse d'Amort de la Dette Sociale: | |||
0% 2/25/28 (Reg. S) | EUR | 600,000 | 579,143 |
0% 11/25/30 (Reg. S) | EUR | 900,000 | 806,790 |
0% 5/25/31 (Reg. S) | EUR | 300,000 | 264,963 |
1.75% 11/25/27 (Reg. S) | EUR | 500,000 | 518,255 |
Caisse Francaise de Finance: | |||
0.125% 6/30/31 (Reg. S) | EUR | 1,200,000 | 1,058,701 |
0.125% 2/15/36 (Reg. S) | EUR | 900,000 | 692,042 |
Carrefour Banque SA 0.107% 6/14/25 (Reg. S) | EUR | 500,000 | 516,018 |
CNP Assurances 2.5% 6/30/51 (Reg. S) (b) | EUR | 100,000 | 95,340 |
Compagnie de St.-Gobain 3.875% 11/29/30 (Reg. S) | EUR | 100,000 | 110,117 |
Compagnie Financiere du Credit Mutuel: | |||
0.375% 10/3/28 (Reg. S) | EUR | 100,000 | 94,349 |
0.875% 10/25/31 (Reg. S) | EUR | 100,000 | 88,887 |
1.875% 10/25/29 (b) | EUR | 100,000 | 106,158 |
Credit Agricole Assurances SA 1.5% 10/6/31 (Reg. S) | EUR | 100,000 | 89,704 |
Credit Agricole Home Loan SFH: | |||
0.05% 12/6/29 (Reg. S) | EUR | 200,000 | 183,436 |
1.5% 9/28/38 | EUR | 300,000 | 262,889 |
Credit Agricole SA: | |||
0.375% 4/20/28 (Reg. S) | EUR | 100,000 | 95,459 |
1% 9/18/25 (Reg. S) | EUR | 200,000 | 208,160 |
1.125% 7/12/32 (Reg. S) | EUR | 300,000 | 270,538 |
1.625% 6/5/30 (Reg. S) (b) | EUR | 100,000 | 104,468 |
1.874% 12/9/31 (b) | GBP | 200,000 | 227,066 |
2.625% 3/17/27 (Reg. S) | EUR | 107,000 | 111,659 |
3.875% 11/28/34 (Reg. S) | EUR | 100,000 | 111,939 |
4% 1/18/33 (Reg. S) | EUR | 100,000 | 112,922 |
4.875% 10/23/29 (Reg. S) | GBP | 100,000 | 127,237 |
Credit Commercial de France: | |||
0.1% 9/3/27 (Reg. S) | EUR | 200,000 | 193,591 |
1.375% 9/4/28 (Reg. S) | EUR | 300,000 | 298,363 |
CTE Co. 1.5% 7/29/28 (Reg.S) | EUR | 100,000 | 99,555 |
Dexia Credit Local SA: | |||
0.625% 1/17/26 (Reg. S) | EUR | 500,000 | 514,773 |
1.25% 7/21/25 (Reg. S) | GBP | 200,000 | 240,780 |
Electricite de France SA: | |||
1% 11/29/33 (Reg. S) | EUR | 100,000 | 83,918 |
2% 12/9/49 (Reg. S) | EUR | 400,000 | 285,394 |
Engie SA 5.625% 4/3/53 (Reg. S) | GBP | 100,000 | 127,655 |
Gecina SA 1.375% 1/26/28 (Reg. S) | EUR | 200,000 | 200,575 |
ICADE 1.625% 2/28/28 (Reg. S) | EUR | 100,000 | 98,994 |
Ile-de-France Mobilites 0.4% 5/28/31 (Reg. S) | EUR | 100,000 | 89,933 |
Kering SA 3.625% 3/11/36 (Reg. S) | EUR | 100,000 | 107,778 |
Klepierre SA 0.875% 2/17/31 (Reg. S) | EUR | 100,000 | 90,081 |
La Banque Postale: | |||
1% 2/9/28 (Reg. S) (b) | EUR | 100,000 | 100,034 |
5.625% 9/21/28 (Reg. S) (b) | GBP | 100,000 | 126,836 |
La Mondiale 0.75% 4/20/26 (Reg. S) | EUR | 100,000 | 101,196 |
La Poste 1.375% 4/21/32 (Reg. S) | EUR | 400,000 | 372,786 |
MACIF 0.625% 6/21/27 (Reg. S) | EUR | 200,000 | 195,260 |
Orange SA: | |||
0.75% 6/29/34 (Reg. S) | EUR | 500,000 | 422,368 |
8.125% 1/28/33 | EUR | 70,000 | 102,876 |
Oseo SA: | |||
0.125% 3/25/25 (Reg. S) | EUR | 200,000 | 208,365 |
0.25% 3/29/30 (Reg. S) | EUR | 100,000 | 91,865 |
0.625% 5/25/26 (Reg. S) | EUR | 200,000 | 204,388 |
0.75% 11/25/24 | EUR | 200,000 | 211,416 |
2.125% 11/29/27 (Reg. S) | EUR | 200,000 | 208,861 |
3% 9/10/26 (Reg. S) | EUR | 500,000 | 537,785 |
RCI Banque SA: | |||
1.625% 5/26/26 (Reg. S) | EUR | 37,000 | 38,085 |
4.875% 10/2/29 (Reg. S) | EUR | 100,000 | 112,645 |
Reseau Ferre de France: | |||
0.875% 1/22/29 (Reg. S) | EUR | 300,000 | 292,752 |
1.125% 5/19/27 (Reg. S) | EUR | 1,100,000 | 1,117,489 |
RTE EdF Transport SA: | |||
0% 9/9/27 (Reg. S) | EUR | 100,000 | 96,532 |
0.625% 7/8/32 (Reg. S) | EUR | 200,000 | 173,926 |
Societe Des Autoroutes Paris-Rhin-Rhone 1.875% 1/6/31 (Reg. S) | EUR | 200,000 | 198,864 |
Societe du Grand Paris EPIC: | |||
0% 11/25/30 (Reg. S) | EUR | 200,000 | 177,721 |
1.7% 5/25/50 (Reg. S) | EUR | 500,000 | 371,993 |
Societe Generale: | |||
0.875% 9/24/29 (Reg. S) | EUR | 100,000 | 92,909 |
1% 11/24/30 (b) | EUR | 100,000 | 102,173 |
1.125% 6/30/31 (Reg. S) (b) | EUR | 100,000 | 100,326 |
1.25% 12/7/27 | GBP | 300,000 | 332,183 |
1.25% 6/12/30 (Reg. S) | EUR | 100,000 | 93,381 |
1.5% 5/30/25 (Reg. S) (b) | EUR | 500,000 | 537,246 |
4.25% 11/16/32 (Reg. S) | EUR | 100,000 | 114,369 |
Societe Generale SFH 3.125% 2/24/26 (Reg. S) | EUR | 1,000,000 | 1,076,641 |
Societe Nationale des Chemins de Fer Francais 0.625% 4/17/30 (Reg. S) | EUR | 300,000 | 280,153 |
Suez SACA: | |||
1.875% 5/24/27 (Reg. S) | EUR | 100,000 | 102,584 |
2.375% 5/24/30 (Reg. S) | EUR | 100,000 | 100,776 |
Total Capital International SA: | |||
1.25% 12/16/24 (Reg. S) | GBP | 100,000 | 122,886 |
1.491% 4/8/27 (Reg. S) | EUR | 100,000 | 102,318 |
UNEDIC: | |||
0% 11/25/28 (Reg. S) | EUR | 200,000 | 189,381 |
0.25% 11/25/29 (Reg. S) | EUR | 600,000 | 561,671 |
0.25% 7/16/35 (Reg. S) | EUR | 400,000 | 320,246 |
0.875% 5/25/28 (Reg. S) | EUR | 400,000 | 398,142 |
1.25% 10/21/27 (Reg. S) | EUR | 100,000 | 101,797 |
1.5% 4/20/32 (Reg. S) | EUR | 100,000 | 97,784 |
Unibail-Rodamco: | |||
0.75% 10/25/28 (Reg. S) | EUR | 200,000 | 190,967 |
1% 2/27/27 (Reg. S) | EUR | 600,000 | 603,100 |
1.5% 5/29/29 (Reg. S) | EUR | 120,000 | 116,582 |
Veolia Environnement SA: | |||
0.664% 1/15/31 (Reg. S) | EUR | 100,000 | 90,198 |
1.25% 4/15/28 (Reg. S) | EUR | 100,000 | 99,890 |
1.25% 5/14/35 (Reg. S) | EUR | 100,000 | 86,937 |
TOTAL FRANCE | 29,218,633 | ||
Germany - 3.0% | |||
Aareal Bank AG 0.05% 9/2/26 (Reg. S) | EUR | 100,000 | 94,410 |
Allianz Finance II BV 1.5% 1/15/30 (Reg. S) | EUR | 200,000 | 198,084 |
Allianz SE: | |||
1.301% 9/25/49 (Reg. S) (b) | EUR | 100,000 | 93,700 |
4.252% 7/5/52 (Reg. S) (b) | EUR | 100,000 | 108,147 |
Amprion GmbH 3.45% 9/22/27 (Reg. S) | EUR | 100,000 | 107,880 |
Aroundtown SA 0.375% 4/15/27 (Reg. S) | EUR | 200,000 | 180,519 |
BASF AG 4.25% 3/8/32 (Reg. S) | EUR | 100,000 | 113,663 |
Bayer AG 1.375% 7/6/32 (Reg. S) | EUR | 300,000 | 260,576 |
Bayerische Landesbank 1% 12/20/24 (Reg. S) | GBP | 800,000 | 978,960 |
Berlin Hannoversche Hypothekenbank AG 0.25% 5/19/33 (Reg. S) | EUR | 1,020,000 | 871,168 |
BMV Finance NV: | |||
1.5% 2/6/29 (Reg. S) | EUR | 86,000 | 85,758 |
3.25% 7/22/30 (Reg. S) | EUR | 250,000 | 272,760 |
Bremen Freie Hansestadt: | |||
0.15% 10/24/31 | EUR | 50,000 | 44,632 |
0.4% 8/20/49 (Reg. S) | EUR | 29,000 | 16,539 |
Commerzbank AG: | |||
0.01% 3/11/30 | EUR | 183,000 | 166,607 |
0.5% 12/4/26 (Reg. S) | EUR | 58,000 | 58,167 |
1.25% 1/9/34 | EUR | 58,000 | 53,685 |
1.5% 8/28/28 (Reg. S) | EUR | 100,000 | 101,000 |
1.875% 2/28/28 (Reg. S) | EUR | 100,000 | 102,241 |
Daimler International Finance BV: | |||
0.375% 11/8/26 (Reg. S) | EUR | 23,000 | 23,150 |
1.375% 6/26/26 (Reg. S) | EUR | 44,000 | 45,601 |
2.625% 4/7/25 (Reg. S) | EUR | 472,000 | 504,690 |
Deutsche Bahn Finance BV: | |||
0.375% 12/3/26 (Reg. S) | GBP | 214,000 | 243,131 |
0.625% 12/8/50 (Reg. S) | EUR | 144,000 | 83,509 |
0.875% 6/23/39 (Reg. S) | EUR | 198,000 | 150,974 |
1.375% 7/7/25 (Reg. S) | GBP | 28,000 | 33,833 |
1.875% 2/13/26 (Reg. S) | GBP | 171,000 | 205,220 |
Deutsche Bank AG: | |||
1.375% 9/3/26 (Reg. S) (b) | EUR | 200,000 | 207,829 |
1.625% 1/20/27 (Reg. S) | EUR | 300,000 | 304,863 |
1.875% 2/23/28 (Reg. S) (b) | EUR | 200,000 | 202,945 |
4% 6/24/26 (Reg. S) (b) | GBP | 200,000 | 246,654 |
4% 6/24/32 (Reg. S) (b) | EUR | 100,000 | 104,411 |
Deutsche Borse AG: | |||
0.125% 2/22/31 (Reg. S) | EUR | 100,000 | 88,555 |
1.5% 4/4/32 (Reg. S) | EUR | 100,000 | 95,558 |
Deutsche Telekom AG 3.125% 2/6/34 (Reg. S) | GBP | 60,000 | 66,804 |
DZ HYP AG 0.5% 6/16/26 (Reg. S) | EUR | 1,200,000 | 1,220,513 |
E.ON International Finance BV: | |||
1% 4/13/25 (Reg. S) | EUR | 660,000 | 692,743 |
1.5% 7/31/29 (Reg. S) | EUR | 115,000 | 113,404 |
5.75% 2/14/33 (Reg. S) | EUR | 130,000 | 163,228 |
E.ON SE: | |||
0.25% 10/24/26 (Reg. S) | EUR | 69,000 | 69,032 |
0.75% 2/20/28 (Reg. S) | EUR | 99,000 | 98,269 |
0.875% 1/8/25 (Reg. S) | EUR | 210,000 | 221,624 |
0.875% 8/20/31 (Reg. S) | EUR | 100,000 | 90,493 |
0.875% 10/18/34 (Reg. S) | EUR | 117,000 | 99,054 |
3.5% 1/12/28 (Reg. S) | EUR | 140,000 | 152,656 |
EnBW Energie Baden-Wuerttemberg AG 1.375% 8/31/81 (Reg. S) (b) | EUR | 100,000 | 93,450 |
EnBW International Finance BV 0.5% 3/1/33 (Reg. S) | EUR | 81,000 | 67,563 |
Eurogrid GmbH 3.598% 2/1/29 (Reg. S) | EUR | 200,000 | 217,125 |
Grand City Properties SA 1.375% 8/3/26 (Reg. S) | EUR | 400,000 | 400,158 |
Hannover Reuck SE 1.75% 10/8/40 (Reg. S) (b) | EUR | 100,000 | 93,730 |
HeidelbergCement Finance Luxembourg SA 4.875% 11/21/33 (Reg. S) | EUR | 50,000 | 58,095 |
KfW: | |||
0% 9/30/26 (Reg. S) | EUR | 273,000 | 274,211 |
0% 9/15/28 (Reg. S) | EUR | 442,000 | 423,627 |
0% 9/17/30 (Reg. S) | EUR | 261,000 | 237,415 |
0.01% 5/5/27 (Reg. S) | EUR | 38,000 | 37,656 |
0.05% 9/29/34 (Reg. S) | EUR | 1,284,000 | 1,045,964 |
0.125% 12/30/26 (Reg. S) | GBP | 1,064,000 | 1,199,825 |
0.625% 2/22/27 | EUR | 283,000 | 286,905 |
0.625% 1/7/28 | EUR | 1,834,000 | 1,830,468 |
0.75% 6/28/28 | EUR | 72,000 | 71,661 |
0.875% 9/15/26 (Reg. S) | GBP | 43,000 | 49,905 |
0.875% 7/4/39 (Reg. S) | EUR | 110,000 | 89,210 |
1.375% 12/9/24 (Reg. S) | GBP | 151,000 | 185,791 |
1.375% 2/2/28 | SEK | 310,000 | 27,267 |
1.5% 7/24/24 | AUD | 82,000 | 52,954 |
2.15% 8/25/25 | AUD | 1,210,000 | 766,071 |
2.875% 12/28/29 (Reg. S) | EUR | 740,000 | 807,080 |
3.2% 9/11/26 | AUD | 118,000 | 75,205 |
Landesbank Baden-Wurttemberg 0.375% 5/7/29 (Reg. S) | EUR | 100,000 | 91,423 |
LEG Immobilien AG: | |||
0.375% 1/17/26 (Reg. S) | EUR | 100,000 | 101,258 |
0.875% 11/28/27 (Reg. S) | EUR | 100,000 | 98,001 |
0.875% 1/17/29 (Reg. S) | EUR | 100,000 | 93,889 |
Mercedes-Benz Group AG: | |||
1.125% 8/8/34 (Reg. S) | EUR | 267,000 | 238,049 |
1.5% 7/3/29 (Reg. S) | EUR | 44,000 | 43,699 |
Merck KGaA 1.625% 6/25/79 (Reg. S) (b) | EUR | 100,000 | 105,592 |
Muenchener Hypothekenbank eG 1.875% 8/25/32 (Reg. S) | EUR | 60,000 | 60,027 |
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 1.25% 5/26/41 (Reg. S) (b) | EUR | 100,000 | 90,288 |
NRW.BANK: | |||
0.5% 6/17/41 (Reg. S) | EUR | 50,000 | 35,387 |
0.875% 4/12/34 | EUR | 387,000 | 346,785 |
Robert Bosch GmbH 4.375% 6/2/43 (Reg. S) | EUR | 100,000 | 114,518 |
RWE AG: | |||
2.5% 8/24/25 (Reg. S) | EUR | 430,000 | 456,769 |
2.75% 5/24/30 (Reg. S) | EUR | 120,000 | 124,068 |
Siemens Financieringsmaatschappij NV: | |||
0.125% 9/5/29 (Reg. S) | EUR | 24,000 | 22,564 |
1.75% 2/28/39 (Reg. S) | EUR | 23,000 | 20,150 |
3% 9/8/33 (Reg. S) | EUR | 100,000 | 106,444 |
3.125% 5/22/32 (Reg. S) | EUR | 200,000 | 215,412 |
3.625% 2/24/43 (Reg. S) | EUR | 100,000 | 108,994 |
Traton Finance Luxembourg SA 4.5% 11/23/26 (Reg. S) | EUR | 200,000 | 219,708 |
UniCredit Bank AG: | |||
0.25% 1/15/32 (Reg. S) | EUR | 39,000 | 34,436 |
0.375% 1/17/33 (Reg. S) | EUR | 200,000 | 174,066 |
0.85% 5/22/34 (Reg. S) | EUR | 102,000 | 90,016 |
Vier Gas Transport GmbH 1.5% 9/25/28 (Reg. S) | EUR | 100,000 | 99,685 |
Volkswagen Bank GmbH 2.5% 7/31/26 (Reg. S) | EUR | 100,000 | 104,792 |
Volkswagen Financial Services AG: | |||
0.375% 2/12/30 (Reg. S) | EUR | 70,000 | 62,943 |
0.875% 1/31/28 (Reg. S) | EUR | 630,000 | 612,919 |
1.125% 7/5/26 (Reg. S) | GBP | 100,000 | 115,568 |
1.5% 10/1/24 (Reg. S) | EUR | 36,000 | 38,347 |
2.25% 4/12/25 (Reg. S) | GBP | 26,000 | 31,829 |
3.375% 4/6/28 (Reg. S) | EUR | 32,000 | 34,367 |
Volkswagen International Finance NV: | |||
1.625% 1/16/30 (Reg. S) | EUR | 45,000 | 43,747 |
3.25% 11/18/30 (Reg. S) | EUR | 200,000 | 210,505 |
4.125% 11/16/38 (Reg. S) | EUR | 200,000 | 220,099 |
Volkswagen Leasing GmbH: | |||
0.625% 7/19/29 (Reg. S) | EUR | 50,000 | 46,203 |
4% 4/11/31 (Reg. S) | EUR | 140,000 | 152,505 |
Vonovia SE: | |||
0.625% 10/7/27 (Reg. S) | EUR | 200,000 | 193,267 |
0.75% 9/1/32 (Reg. S) | EUR | 100,000 | 81,740 |
1% 6/16/33 (Reg. S) | EUR | 400,000 | 325,700 |
TOTAL GERMANY | 23,194,334 | ||
Hong Kong - 0.0% | |||
Hongkong & Shanghai Banking Corp. Ltd. (Sydney Branch) 5.1% 3/3/28 (Reg. S) | AUD | 250,000 | 165,072 |
Ireland - 0.1% | |||
AIB Group PLC 4.625% 7/23/29 (Reg. S) (b) | EUR | 100,000 | 111,279 |
Bank of Ireland Group PLC: | |||
0.375% 5/10/27 (Reg. S) (b) | EUR | 140,000 | 140,815 |
1% 11/25/25 (Reg. S) (b) | EUR | 340,000 | 359,740 |
ESB Finance Ltd. 1.125% 6/11/30 (Reg. S) | EUR | 135,000 | 128,166 |
Smurfit Kappa Treasury ULC 1.5% 9/15/27 (Reg. S) | EUR | 100,000 | 100,676 |
TOTAL IRELAND | 840,676 | ||
Italy - 0.7% | |||
A2A SpA 0.625% 7/15/31 (Reg. S) | EUR | 140,000 | 121,213 |
ACEA SpA 1.5% 6/8/27 (Reg. S) | EUR | 117,000 | 119,392 |
Amco - Asset Management Co. SpA 1.375% 1/27/25 (Reg. S) | EUR | 110,000 | 115,986 |
Assicurazioni Generali SpA: | |||
1.713% 6/30/32 (Reg. S) | EUR | 100,000 | 89,838 |
2.124% 10/1/30 (Reg. S) | EUR | 130,000 | 124,993 |
5.5% 10/27/47 (Reg. S) (b) | EUR | 100,000 | 112,340 |
Autostrade per L'italia SpA 1.875% 9/26/29 (Reg. S) | EUR | 320,000 | 311,532 |
Credit Agricole Italia SpA 0.375% 1/20/32 (Reg. S) | EUR | 200,000 | 174,207 |
ENEL Finance International NV: | |||
0.375% 6/17/27 (Reg. S) | EUR | 220,000 | 215,810 |
0.5% 6/17/30 (Reg. S) | EUR | 110,000 | 100,322 |
2.875% 4/11/29 (Reg. S) | GBP | 636,000 | 730,434 |
4% 2/20/31 (Reg. S) | EUR | 100,000 | 111,395 |
Eni SpA: | |||
3.625% 5/19/27 (Reg. S) | EUR | 100,000 | 108,459 |
4.25% 5/19/33 (Reg. S) | EUR | 120,000 | 135,051 |
Ferrovie dello Stato FS SpA 1.5% 6/27/25 (Reg. S) | EUR | 144,000 | 151,228 |
Intesa Sanpaolo SpA: | |||
0.75% 3/16/28 (Reg. S) | EUR | 260,000 | 251,570 |
2.125% 5/26/25 (Reg. S) | EUR | 323,000 | 341,928 |
4.875% 5/19/30 (Reg. S) | EUR | 100,000 | 114,821 |
5.125% 8/29/31 (Reg. S) | EUR | 100,000 | 117,052 |
Italgas SpA 1% 12/11/31 (Reg. S) | EUR | 110,000 | 98,190 |
Mediobanca SpA: | |||
1.625% 1/7/25 (Reg. S) | EUR | 280,000 | 296,997 |
4.75% 3/14/28 (Reg. S) (b) | EUR | 100,000 | 111,220 |
Snam SpA 0.75% 6/20/29 (Reg. S) | EUR | 190,000 | 179,067 |
Terna - Rete Elettrica Nazionale: | |||
0.375% 6/23/29 (Reg. S) | EUR | 120,000 | 111,599 |
1.375% 7/26/27 (Reg. S) | EUR | 150,000 | 151,545 |
UniCredit SpA: | |||
2.2% 7/22/27 (Reg. S) (b) | EUR | 490,000 | 508,859 |
4.45% 2/16/29 (Reg. S) (b) | EUR | 170,000 | 186,993 |
TOTAL ITALY | 5,192,041 | ||
Japan - 0.4% | |||
East Japan Railway Co. 1.104% 9/15/39 (Reg. S) | EUR | 160,000 | 124,870 |
Mizuho Financial Group, Inc.: | |||
0.797% 4/15/30 (Reg. S) | EUR | 300,000 | 276,534 |
1.412% 7/13/33 | JPY | 12,000,000 | 78,442 |
NTT Finance Corp. 0.18% 12/19/25 | JPY | 200,000,000 | 1,315,999 |
Takeda Pharmaceutical Co. Ltd. 2% 7/9/40 | EUR | 157,000 | 133,577 |
Toyota Finance Corp. 0.37% 10/13/26 | JPY | 100,000,000 | 658,906 |
Toyota Motor Finance (Netherlands) BV 3.5% 1/13/28 (Reg. S) | EUR | 300,000 | 325,607 |
TOTAL JAPAN | 2,913,935 | ||
Korea (South) - 0.0% | |||
Korea Housing Finance Corp. 0.01% 7/7/25 (Reg. S) | EUR | 160,000 | 165,190 |
Luxembourg - 0.1% | |||
Blackstone Property Partners Europe LP 1.25% 4/26/27 (Reg. S) | EUR | 153,000 | 149,355 |
JAB Holdings BV 2.5% 6/25/29 | EUR | 100,000 | 102,856 |
Logicor Financing SARL 1.625% 7/15/27 (Reg. S) | EUR | 170,000 | 167,785 |
Prologis International Funding II SA 1.75% 3/15/28 (Reg. S) | EUR | 304,000 | 306,961 |
SELP Finance SARL 1.5% 11/20/25 (Reg. S) | EUR | 100,000 | 103,648 |
TOTAL LUXEMBOURG | 830,605 | ||
Mexico - 0.0% | |||
America Movil S.A.B. de CV: | |||
0.75% 6/26/27 | EUR | 100,000 | 99,384 |
2.125% 3/10/28 | EUR | 200,000 | 205,104 |
Petroleos Mexicanos 4.75% 2/26/29 (Reg. S) | EUR | 100,000 | 90,712 |
TOTAL MEXICO | 395,200 | ||
Multi-National - 0.1% | |||
EUROFIMA 0.15% 10/10/34 (Reg. S) | EUR | 191,000 | 156,305 |
International Finance Corp. 4.5% 10/2/28 | GBP | 370,000 | 475,496 |
TOTAL MULTI-NATIONAL | 631,801 | ||
Netherlands - 1.3% | |||
ABN AMRO Bank NV: | |||
0.375% 1/14/35 (Reg. S) | EUR | 200,000 | 164,286 |
0.5% 9/23/29 (Reg. S) | EUR | 100,000 | 92,247 |
0.6% 1/15/27 (Reg. S) | EUR | 300,000 | 299,478 |
1.375% 1/12/37 (Reg. S) | EUR | 400,000 | 354,566 |
4.5% 11/21/34 (Reg. S) | EUR | 100,000 | 115,917 |
Bank Nederlandse Gemeenten NV: | |||
0.75% 1/24/29 (Reg. S) | EUR | 2,004,000 | 1,965,510 |
3.3% 7/17/28 (Reg. S) | AUD | 1,267,000 | 792,764 |
CTP BV 0.75% 2/18/27 (Reg. S) | EUR | 108,000 | 106,219 |
Eneco Holding NV 0% 11/16/26 (Reg. S) | EUR | 117,000 | 115,072 |
Euronext NV 1% 4/18/25 (Reg. S) | EUR | 240,000 | 251,268 |
EXOR NV 1.75% 1/18/28 (Reg. S) | EUR | 170,000 | 173,714 |
Heineken NV 1.75% 5/7/40 (Reg. S) | EUR | 160,000 | 136,628 |
ING Groep NV: | |||
0.125% 11/29/25 (Reg. S) (b) | EUR | 600,000 | 631,242 |
0.25% 2/18/29 (Reg. S) (b) | EUR | 500,000 | 472,596 |
0.25% 2/1/30 (Reg. S) (b) | EUR | 100,000 | 91,449 |
1.125% 2/14/25 (Reg. S) | EUR | 300,000 | 316,546 |
2.125% 5/26/31 (Reg. S) (b) | EUR | 400,000 | 413,988 |
3% 2/18/26 (Reg. S) | GBP | 100,000 | 121,492 |
4.875% 11/14/27 (Reg. S) (b) | EUR | 200,000 | 222,120 |
Koninklijke KPN NV 3.875% 7/3/31 (Reg. S) | EUR | 100,000 | 110,990 |
LeasePlan Corp. NV 2.125% 5/6/25 (Reg. S) | EUR | 130,000 | 137,565 |
Nationale-Nederlanden Bank NV 1% 9/25/28 (Reg. S) | EUR | 700,000 | 692,256 |
Nederlandse Waterschapsbank NV: | |||
0.75% 10/4/41 (Reg. S) | EUR | 748,000 | 544,769 |
3.3% 5/2/29 (Reg. S) | AUD | 40,000 | 24,746 |
NN Group NV 4.625% 1/13/48 (Reg. S) (b) | EUR | 180,000 | 195,666 |
Rabobank Nederland: | |||
0.25% 10/30/26 (Reg. S) | EUR | 500,000 | 498,501 |
0.625% 2/25/33 (Reg. S) | EUR | 100,000 | 85,917 |
1.125% 5/7/31 (Reg. S) | EUR | 100,000 | 91,933 |
1.25% 3/23/26 (Reg. S) | EUR | 79,000 | 82,105 |
Royal Schiphol Group NV 2% 4/6/29 (Reg. S) | EUR | 117,000 | 118,996 |
Shell International Finance BV 0.5% 11/8/31 (Reg. S) | EUR | 310,000 | 273,951 |
TenneT Holding BV 0.875% 6/16/35 (Reg. S) | EUR | 234,000 | 218,700 |
TOTAL NETHERLANDS | 9,913,197 | ||
New Zealand - 0.1% | |||
Westpac Securities NZ Ltd. London Branch 0.01% 6/8/28 (Reg. S) | EUR | 998,000 | 941,070 |
Norway - 0.3% | |||
DNB Bank ASA: | |||
3.125% 9/21/27 (Reg. S) (b) | EUR | 170,000 | 181,532 |
4% 8/17/27 (Reg. S) (b) | GBP | 100,000 | 123,058 |
Equinor ASA 1.375% 5/22/32 (Reg. S) | EUR | 241,000 | 225,554 |
Kommunalbanken A/S 0.6% 6/1/26 | AUD | 500,000 | 300,914 |
Sparebank 1 Boligkreditt A/S 0.01% 9/22/27 (Reg. S) | EUR | 1,151,000 | 1,119,640 |
Telenor ASA: | |||
0.75% 5/31/26 (Reg. S) | EUR | 100,000 | 101,981 |
1.125% 5/31/29 (Reg. S) | EUR | 157,000 | 152,666 |
TOTAL NORWAY | 2,205,345 | ||
Portugal - 0.1% | |||
Banco Santander Totta SA 3.375% 4/19/28 (Reg. S) | EUR | 400,000 | 433,770 |
EDP Finance BV 1.875% 9/21/29 (Reg. S) | EUR | 100,000 | 99,449 |
TOTAL PORTUGAL | 533,219 | ||
Spain - 0.5% | |||
Abertis Infraestructuras SA 2.375% 9/27/27 (Reg. S) | EUR | 400,000 | 413,955 |
Banco Bilbao Vizcaya Argentaria SA 4.375% 10/14/29 (Reg. S) | EUR | 300,000 | 339,547 |
Banco Santander SA: | |||
0.2% 2/11/28 (Reg. S) | EUR | 300,000 | 285,841 |
0.5% 3/24/27 (Reg. S) (b) | EUR | 100,000 | 101,143 |
1.375% 1/5/26 (Reg. S) | EUR | 300,000 | 311,270 |
2.125% 2/8/28 (Reg. S) | EUR | 100,000 | 101,618 |
3.125% 1/19/27 (Reg. S) | EUR | 100,000 | 106,147 |
3.75% 1/9/34 (Reg. S) | EUR | 100,000 | 108,785 |
5.125% 1/25/30 (Reg. S) | GBP | 100,000 | 126,856 |
5.75% 8/23/33 (Reg. S) (b) | EUR | 100,000 | 113,208 |
CaixaBank SA: | |||
0.5% 2/9/29 (Reg. S) (b) | EUR | 100,000 | 95,748 |
0.75% 5/26/28 (Reg. S) (b) | EUR | 300,000 | 296,571 |
1.5% 12/3/26 (Reg. S) (b) | GBP | 200,000 | 236,815 |
2.25% 4/17/30 (Reg. S) (b) | EUR | 100,000 | 105,164 |
5% 7/19/29 (Reg. S) (b) | EUR | 100,000 | 112,887 |
6.25% 2/23/33 (Reg. S) (b) | EUR | 100,000 | 114,164 |
Comunidad de Madrid 1.571% 4/30/29 (Reg. S) | EUR | 316,000 | 317,429 |
Iberdrola Finanzas SAU 3.375% 11/22/32 (Reg. S) | EUR | 100,000 | 107,812 |
Naturgy Finance BV: | |||
1.25% 1/15/26 (Reg. S) | EUR | 200,000 | 206,686 |
1.5% 1/29/28 (Reg. S) | EUR | 100,000 | 100,701 |
Telefonica Emisiones S.A.U. 1.93% 10/17/31 (Reg. S) | EUR | 300,000 | 292,779 |
TOTAL SPAIN | 3,995,126 | ||
Sweden - 0.9% | |||
Akelius Residential Property Financing BV 1% 1/17/28 (Reg. S) | EUR | 100,000 | 94,943 |
Fastighets AB Balder 1.25% 1/28/28 (Reg. S) | EUR | 108,000 | 100,052 |
Heimstaden Bostad Treasury BV: | |||
0.625% 7/24/25 (Reg. S) | EUR | 160,000 | 158,824 |
1.375% 7/24/28 (Reg. S) | EUR | 135,000 | 114,228 |
Investor AB 1.5% 9/12/30 (Reg. S) | EUR | 120,000 | 116,387 |
Kommuninvest I Sverige AB: | |||
1% 5/12/25 (Reg. S) | SEK | 9,970,000 | 904,112 |
1% 11/12/26 (Reg. S) | SEK | 6,710,000 | 592,569 |
Lansforsakringar Hypotek AB: | |||
1.25% 9/17/25 | SEK | 400,000 | 36,140 |
1.5% 9/16/26 (Reg. S) | SEK | 5,600,000 | 501,440 |
Nordea Hypotek AB 1% 9/17/25 | SEK | 1,700,000 | 153,220 |
Sagax AB 2.25% 3/13/25 (Reg. S) | EUR | 120,000 | 126,783 |
Samhallsbyggnadsbolaget I Norden AB 2.25% 8/12/27 (Reg. S) | EUR | 108,000 | 77,442 |
Skandinaviska Enskilda Banken AB: | |||
0.75% 11/15/27 (Reg. S) | EUR | 100,000 | 99,431 |
1.75% 11/11/26 (Reg. S) | EUR | 210,000 | 217,390 |
3.25% 5/4/28 (Reg. S) | EUR | 250,000 | 271,943 |
3.75% 2/7/28 (Reg. S) | EUR | 160,000 | 173,843 |
Stadshypotek AB 0.375% 3/13/26 (Reg. S) | EUR | 500,000 | 510,132 |
Svenska Handelsbanken AB: | |||
0.5% 2/18/30 (Reg. S) | EUR | 100,000 | 91,421 |
1% 4/15/25 (Reg. S) | EUR | 220,000 | 230,713 |
Swedbank AB: | |||
0.3% 5/20/27 (Reg. S) (b) | EUR | 240,000 | 240,846 |
2.1% 5/25/27 (Reg. S) | EUR | 108,000 | 112,267 |
Swedbank Hypotek AB: | |||
1% 9/18/24 (Reg. S) | SEK | 800,000 | 73,747 |
3.125% 7/5/28 (Reg. S) | EUR | 390,000 | 422,178 |
Swedish Covered Bond Corp. 2% 6/17/26 (Reg. S) | SEK | 11,000,000 | 999,347 |
Telia Co. AB 0.125% 11/27/30 (Reg. S) | EUR | 310,000 | 274,785 |
Vattenfall AB 0.125% 2/12/29 (Reg. S) | EUR | 108,000 | 99,842 |
TOTAL SWEDEN | 6,794,025 | ||
Switzerland - 0.8% | |||
Argentum Netherlands BV 2.75% 2/19/49 (Reg. S) (b) | EUR | 120,000 | 122,510 |
Holcim Finance Luxembourg SA 0.5% 4/23/31 (Reg. S) | EUR | 130,000 | 113,442 |
Pfandbrief Schweiz Hypo: | |||
0% 7/29/24 (Reg. S) | CHF | 40,000 | 44,132 |
0% 10/26/29 (Reg. S) | CHF | 50,000 | 51,566 |
0% 8/26/49 (Reg. S) | CHF | 520,000 | 405,696 |
0.125% 12/19/31 (Reg. S) | CHF | 1,270,000 | 1,282,037 |
Pfandbriefbank Schweizerischer Hypothekarinstitute AG: | |||
0% 3/13/28 (Reg. S) | CHF | 1,070,000 | 1,127,351 |
0% 7/25/31 (Reg. S) | CHF | 340,000 | 342,040 |
0.1% 12/3/31 (Reg. S) | CHF | 195,000 | 196,762 |
0.5% 11/24/28 (Reg. S) | CHF | 40,000 | 42,747 |
UBS AG Australia BRH 5.808% 11/24/28 (Reg. S) | AUD | 90,000 | 60,642 |
UBS Group AG: | |||
0.25% 1/29/26 (Reg. S) (b) | EUR | 669,000 | 699,626 |
0.65% 1/14/28 (Reg. S) (b) | EUR | 100,000 | 98,989 |
1% 6/24/27 (Reg. S) (b) | EUR | 150,000 | 152,123 |
1.25% 7/17/25 (Reg. S) (b) | EUR | 307,000 | 328,429 |
2.125% 11/15/29 (Reg. S) (b) | GBP | 130,000 | 145,042 |
2.875% 4/2/32 (Reg. S) (b) | EUR | 270,000 | 273,125 |
3.25% 4/2/26 (Reg. S) (b) | EUR | 605,000 | 646,903 |
7.75% 3/1/29 (Reg. S) (b) | EUR | 100,000 | 123,006 |
TOTAL SWITZERLAND | 6,256,168 | ||
United Kingdom - 1.4% | |||
AA Bond Co. Ltd.: | |||
7.375% 7/31/50 (Reg. S) | GBP | 120,000 | 156,309 |
8.45% 7/31/50 (Reg. S) | GBP | 130,000 | 174,448 |
Anglian Water Services Financing PLC 1.625% 8/10/25 (Reg. S) | GBP | 240,000 | 287,979 |
Annington Funding PLC 2.308% 10/6/32 (Reg. S) | GBP | 104,000 | 103,015 |
Barclays PLC: | |||
1.106% 5/12/32 (Reg. S) (b) | EUR | 110,000 | 97,604 |
3.25% 1/17/33 | GBP | 299,000 | 321,266 |
BAT International Finance PLC 2.25% 6/26/28 (Reg. S) | GBP | 100,000 | 111,826 |
BAT Netherlands Finance BV: | |||
3.125% 4/7/28 (Reg. S) | EUR | 100,000 | 106,172 |
5.375% 2/16/31 (Reg. S) | EUR | 110,000 | 128,583 |
BP Capital Markets BV 0.933% 12/4/40 (Reg. S) | EUR | 290,000 | 204,164 |
BP Capital Markets PLC 1.637% 6/26/29 (Reg. S) | EUR | 100,000 | 99,000 |
British Telecommunications PLC 3.75% 5/13/31 (Reg. S) | EUR | 170,000 | 185,933 |
Cadent Finance PLC 3.125% 3/21/40 (Reg. S) | GBP | 100,000 | 93,539 |
CCEP Finance Ireland DAC 0.875% 5/6/33 (Reg. S) | EUR | 110,000 | 95,691 |
Clarion Funding PLC 1.25% 11/13/32 (Reg. S) | GBP | 120,000 | 112,887 |
Heathrow Funding Ltd.: | |||
2.625% 3/16/28 (Reg. S) | GBP | 190,000 | 215,247 |
3.661% 1/13/33 | CAD | 215,000 | 146,324 |
HSBC Holdings PLC: | |||
Eur Swap Annual 5Y Index + 3.300% 6.364% 11/16/32 (Reg. S) (b)(c) | EUR | 270,000 | 310,890 |
3% 7/22/28 (b) | GBP | 110,000 | 129,422 |
3% 5/29/30 (b) | GBP | 130,000 | 147,383 |
LCR Finance PLC 5.1% 3/7/51 | GBP | 93,000 | 126,305 |
Legal & General Group PLC 5.125% 11/14/48 (Reg. S) (b) | GBP | 100,000 | 124,059 |
Lloyds Bank PLC 0.125% 9/23/29 (Reg. S) | EUR | 100,000 | 92,206 |
Lloyds Banking Group PLC: | |||
0.5% 11/12/25 (Reg. S) (b) | EUR | 130,000 | 137,340 |
1.985% 12/15/31 (b) | GBP | 104,000 | 118,984 |
2.25% 10/16/24 | GBP | 100,000 | 123,986 |
3.5% 4/1/26 (Reg. S) (b) | EUR | 404,000 | 434,292 |
5.802% 3/17/29 (b) | AUD | 100,000 | 66,220 |
London & Quadrant Housing Trust 2% 3/31/32 (Reg. S) | GBP | 112,000 | 113,314 |
M&G PLC 5.625% 10/20/51 (Reg. S) (b) | GBP | 104,000 | 126,675 |
Motability Operations Group PLC 1.5% 1/20/41 (Reg. S) | GBP | 220,000 | 167,778 |
National Grid Electricity Transmission PLC: | |||
0.19% 1/20/25 (Reg. S) | EUR | 160,000 | 167,683 |
0.823% 7/7/32 (Reg. S) | EUR | 140,000 | 121,251 |
1.375% 9/16/26 (Reg. S) | GBP | 200,000 | 231,529 |
National Grid PLC: | |||
0.25% 9/1/28 (Reg. S) | EUR | 130,000 | 121,980 |
2.179% 6/30/26 (Reg. S) | EUR | 430,000 | 449,288 |
Nationwide Building Society 0.625% 3/25/27 (Reg. S) | EUR | 903,000 | 904,534 |
NatWest Group PLC: | |||
3 month EURIBOR EURO INTER + 1.080% 1.75% 3/2/26 (Reg. S) (b)(c) | EUR | 110,000 | 116,348 |
3.622% 8/14/30 (Reg. S) (b) | GBP | 411,000 | 503,337 |
NatWest Markets PLC 6.375% 11/8/27 (Reg. S) | GBP | 280,000 | 368,973 |
NIE Finance PLC 2.5% 10/27/25 (Reg. S) | GBP | 200,000 | 241,584 |
Santander UK Group Holdings PLC 7.098% 11/16/27 (Reg. S) (b) | GBP | 110,000 | 143,349 |
Santander UK PLC 0.05% 1/12/27 (Reg. S) | EUR | 200,000 | 197,502 |
Segro Capital SARL 1.25% 3/23/26 (Reg. S) | EUR | 160,000 | 164,402 |
Southern Water Services Finance Ltd. 1.625% 3/30/27 (Reg. S) | GBP | 150,000 | 167,179 |
Standard Chartered PLC: | |||
0.8% 11/17/29 (Reg. S) (b) | EUR | 110,000 | 103,995 |
0.85% 1/27/28 (Reg. S) (b) | EUR | 107,000 | 106,464 |
2.5% 9/9/30 (Reg. S) (b) | EUR | 130,000 | 136,544 |
Thames Water Utility Finance PLC: | |||
2.375% 4/22/40 (Reg. S) | GBP | 190,000 | 141,399 |
4% 4/18/27 (Reg. S) | EUR | 100,000 | 101,756 |
Unilever Finance Netherlands BV 3.5% 2/15/37 (Reg. S) | EUR | 170,000 | 186,423 |
United Utilities Water Finance PLC 2% 2/14/25 (Reg. S) | GBP | 580,000 | 711,557 |
Vodafone International Financing DAC 3.75% 12/2/34 (Reg. S) | EUR | 330,000 | 363,152 |
Yorkshire Water Finance PLC 1.75% 10/27/32 (Reg. S) | GBP | 100,000 | 94,456 |
TOTAL UNITED KINGDOM | 10,703,526 | ||
United States of America - 4.4% | |||
ACE INA Holdings, Inc. 1.55% 3/15/28 | EUR | 639,000 | 643,909 |
Air Products & Chemicals, Inc. 0.5% 5/5/28 | EUR | 1,223,000 | 1,182,635 |
Altria Group, Inc.: | |||
2.2% 6/15/27 | EUR | 398,000 | 410,165 |
3.125% 6/15/31 | EUR | 174,000 | 175,186 |
American Tower Corp. 1% 1/15/32 | EUR | 140,000 | 123,287 |
Apple, Inc. 0.5% 11/15/31 | EUR | 911,000 | 827,307 |
AT&T, Inc.: | |||
0.25% 3/4/26 | EUR | 100,000 | 101,659 |
2.9% 12/4/26 | GBP | 2,720,000 | 3,255,867 |
Athene Global Funding 0.832% 1/8/27 (Reg. S) | EUR | 140,000 | 139,193 |
Bank of America Corp. 0.694% 3/22/31 (Reg. S) (b) | EUR | 486,000 | 443,354 |
Becton Dickinson Euro Finance SARL 1.208% 6/4/26 | EUR | 1,553,000 | 1,595,515 |
Berkshire Hathaway, Inc. 2.15% 3/15/28 | EUR | 797,000 | 828,206 |
Booking Holdings, Inc.: | |||
4.125% 5/12/33 | EUR | 110,000 | 124,602 |
4.5% 11/15/31 | EUR | 150,000 | 173,031 |
Citigroup, Inc. 4.112% 9/22/33 (Reg. S) (b) | EUR | 220,000 | 245,565 |
Comcast Corp. 1.875% 2/20/36 | GBP | 405,000 | 378,387 |
CRH SMW Finance DAC 4% 7/11/31 (Reg. S) | EUR | 120,000 | 133,433 |
DH Europe Finance II SARL: | |||
0.2% 3/18/26 | EUR | 2,894,000 | 2,931,339 |
0.75% 9/18/31 | EUR | 456,000 | 413,126 |
1.35% 9/18/39 | EUR | 192,000 | 157,221 |
Digital Dutch Finco BV 1.5% 3/15/30 (Reg. S) | EUR | 100,000 | 93,773 |
Digital Intrepid Holding BV 0.625% 7/15/31 (Reg. S) | EUR | 100,000 | 84,320 |
DXC Technology Co. 1.75% 1/15/26 | EUR | 914,000 | 946,875 |
FedEx Corp. 0.95% 5/4/33 | EUR | 371,000 | 315,612 |
Fidelity National Information Services, Inc. 1.5% 5/21/27 | EUR | 758,000 | 768,424 |
Fiserv, Inc. 2.25% 7/1/25 | GBP | 925,000 | 1,124,537 |
Ford Motor Credit Co. LLC: | |||
2.33% 11/25/25 | EUR | 100,000 | 104,926 |
6.125% 5/15/28 | EUR | 130,000 | 151,150 |
General Electric Co.: | |||
0.875% 5/17/25 | EUR | 2,219,000 | 2,319,564 |
2.125% 5/17/37 | EUR | 110,000 | 104,267 |
General Motors Financial Co., Inc. 3.9% 1/12/28 (Reg. S) | EUR | 100,000 | 108,813 |
Goldman Sachs Group, Inc.: | |||
0.75% 3/23/32 (Reg. S) | EUR | 70,000 | 60,772 |
1% 3/18/33 (Reg. S) | EUR | 70,000 | 60,895 |
1.25% 2/7/29 (Reg. S) | EUR | 50,000 | 48,857 |
1.875% 12/16/30 (Reg. S) | GBP | 100,000 | 105,229 |
2% 11/1/28 (Reg. S) | EUR | 51,000 | 51,873 |
3.125% 7/25/29 (Reg. S) | GBP | 27,000 | 31,443 |
3.375% 3/27/25 (Reg. S) | EUR | 488,000 | 524,362 |
Honeywell International, Inc. 0.75% 3/10/32 | EUR | 150,000 | 133,225 |
IBM Corp. 1.2% 2/11/40 | EUR | 272,000 | 213,694 |
JPMorgan Chase & Co.: | |||
0.389% 2/24/28 (Reg. S) (b) | EUR | 792,000 | 781,624 |
0.991% 4/28/26 (Reg. S) (b) | GBP | 100,000 | 120,688 |
1.638% 5/18/28 (Reg. S) (b) | EUR | 210,000 | 214,048 |
Linde PLC 0.375% 9/30/33 (Reg. S) | EUR | 200,000 | 166,009 |
Marsh & McLennan Companies, Inc. 1.349% 9/21/26 | EUR | 768,000 | 787,066 |
McDonald's Corp. 1.6% 3/15/31 (Reg. S) | EUR | 200,000 | 192,083 |
McKesson Corp. 3.125% 2/17/29 | GBP | 573,000 | 675,547 |
Medtronic Global Holdings SCA: | |||
0.25% 7/2/25 | EUR | 100,000 | 103,468 |
1.75% 7/2/49 (Reg. S) | EUR | 227,000 | 170,646 |
Metropolitan Life Global Funding I: | |||
1.625% 10/12/28 (Reg. S) | GBP | 110,000 | 122,492 |
1.75% 5/25/25 (Reg. S) | EUR | 350,000 | 368,914 |
Mondelez International Holdings Netherlands BV 0.875% 10/1/31 (Reg. S) | EUR | 110,000 | 99,139 |
Morgan Stanley: | |||
1.102% 4/29/33 (b) | EUR | 243,000 | 216,950 |
5.789% 11/18/33 (b) | GBP | 170,000 | 225,140 |
Nestle Finance International Ltd.: | |||
0% 6/14/26 (Reg. S) | EUR | 540,000 | 544,158 |
0.25% 6/14/29 (Reg. S) | EUR | 120,000 | 113,211 |
1.25% 11/2/29 (Reg. S) | EUR | 30,000 | 29,427 |
3.25% 1/23/37 (Reg. S) | EUR | 190,000 | 203,667 |
New York Life Global Funding 0.125% 7/23/30 (Reg. S) | CHF | 215,000 | 217,897 |
Philip Morris International, Inc.: | |||
1.45% 8/1/39 | EUR | 100,000 | 74,623 |
2% 5/9/36 | EUR | 210,000 | 184,377 |
PPG Industries, Inc. 0.875% 11/3/25 | EUR | 744,000 | 769,449 |
Procter & Gamble Co.: | |||
1.375% 5/3/25 | GBP | 221,000 | 268,500 |
1.8% 5/3/29 | GBP | 381,000 | 432,241 |
Prologis LP 2.25% 6/30/29 | GBP | 619,000 | 690,447 |
Public Storage 0.875% 1/24/32 | EUR | 245,000 | 218,313 |
Realty Income Corp. 1.75% 7/13/33 | GBP | 413,000 | 394,048 |
Schlumberger Finance BV 2% 5/6/32 (Reg. S) | EUR | 230,000 | 225,643 |
Stellantis NV 2.75% 4/1/32 (Reg. S) | EUR | 200,000 | 203,780 |
Tapestry, Inc. 5.35% 11/27/25 | EUR | 140,000 | 153,486 |
The Coca-Cola Co. 0.375% 3/15/33 | EUR | 906,000 | 769,375 |
The Dow Chemical Co. 1.875% 3/15/40 | EUR | 232,000 | 194,021 |
Thermo Fisher Scientific Finance I BV 1.625% 10/18/41 | EUR | 150,000 | 121,461 |
Thermo Fisher Scientific, Inc.: | |||
0.125% 3/1/25 | EUR | 100,000 | 104,514 |
1.875% 10/1/49 | EUR | 106,000 | 82,110 |
Upjohn Finance BV 1.362% 6/23/27 (Reg. S) | EUR | 150,000 | 149,770 |
Verizon Communications, Inc.: | |||
1.3% 5/18/33 | EUR | 120,000 | 107,418 |
2.1% 5/6/26 (Reg. S) | AUD | 200,000 | 123,470 |
3.375% 10/27/36 | GBP | 486,000 | 512,035 |
4.05% 2/17/25 | AUD | 680,000 | 440,236 |
VF Corp. 0.25% 2/25/28 | EUR | 606,000 | 553,790 |
Wells Fargo & Co. 2.125% 9/24/31 (Reg. S) | GBP | 350,000 | 364,127 |
Whirlpool EMEA Finance SARL 0.5% 2/20/28 | EUR | 170,000 | 162,518 |
WPC Eurobond BV 2.25% 4/9/26 | EUR | 110,000 | 114,451 |
TOTAL UNITED STATES OF AMERICA | 34,401,975 | ||
TOTAL NONCONVERTIBLE BONDS (Cost $213,026,508) | 194,920,961 | ||
Government Obligations - 70.3% | |||
Principal Amount (a) | Value ($) | ||
Australia - 1.8% | |||
Australian Commonwealth: | |||
0.25% 11/21/25 (Reg. S) | AUD | 2,151,000 | 1,324,547 |
1% 12/21/30 (Reg. S) | AUD | 542,000 | 295,328 |
1.25% 5/21/32 | AUD | 1,576,000 | 838,572 |
1.75% 11/21/32 (Reg. S) | AUD | 1,280,000 | 701,775 |
1.75% 6/21/51 (Reg. S) | AUD | 809,000 | 308,800 |
2.25% 5/21/28 (Reg. S) | AUD | 1,320,000 | 815,943 |
2.75% 4/21/24 | AUD | 30,000 | 19,534 |
2.75% 11/21/28 | AUD | 1,329,000 | 834,296 |
2.75% 11/21/29 (Reg. S) | AUD | 1,280,000 | 794,576 |
2.75% 5/21/41(Reg. S) | AUD | 954,000 | 508,327 |
3% 11/21/33(Reg. S) | AUD | 3,690,000 | 2,219,420 |
3% 3/21/47 | AUD | 468,000 | 245,250 |
3.25% 4/21/25 (Reg. S) | AUD | 56,000 | 36,226 |
3.25% 4/21/29(Reg. S) | AUD | 70,000 | 44,787 |
4.5% 4/21/33 | AUD | 1,080,000 | 733,372 |
4.75% 4/21/27(Reg. S) | AUD | 370,000 | 249,075 |
New South Wales Treasury Corp.: | |||
1.25% 11/20/30 | AUD | 670,000 | 363,225 |
4.25% 2/20/36 (Reg. S) | AUD | 50,000 | 30,943 |
Queensland Treasury Corp.: | |||
1.75% 8/21/31 (Reg. S) (d) | AUD | 2,631,000 | 1,442,031 |
3.25% 7/21/26 (Reg. S) (d) | AUD | 247,000 | 158,551 |
3.25% 7/21/28 (Reg. S) (d) | AUD | 154,000 | 97,651 |
3.5% 8/21/30 (Reg. S) (d) | AUD | 58,000 | 36,449 |
South Australian Government Financing Authority: | |||
1.75% 5/24/32 (Reg. S) | AUD | 490,000 | 261,379 |
2% 5/23/36 (Reg. S) | AUD | 150,000 | 72,143 |
Treasury Corp. of Victoria: | |||
0.5% 11/20/25 | AUD | 110,000 | 67,667 |
1.25% 11/19/27 | AUD | 952,000 | 563,674 |
1.5% 11/20/30 | AUD | 1,347,000 | 737,332 |
2.5% 10/22/29 | AUD | 424,000 | 254,011 |
4.75% 9/15/36 | AUD | 50,000 | 32,010 |
Western Australia Treasury Corp. 4.25% 7/20/33 | AUD | 150,000 | 96,663 |
TOTAL AUSTRALIA | 14,183,557 | ||
Austria - 0.9% | |||
Austrian Republic: | |||
0% 10/20/28(Reg. S) (d) | EUR | 600,000 | 574,099 |
0% 2/20/30 (Reg. S) (d) | EUR | 542,000 | 500,677 |
0% 10/20/40 (Reg. S) (d) | EUR | 788,000 | 522,832 |
0.5% 4/20/27 (Reg. S) (d) | EUR | 1,281,000 | 1,291,543 |
0.5% 2/20/29 (Reg. S) (d) | EUR | 677,000 | 658,825 |
0.75% 10/20/26 (Reg. S) (d) | EUR | 185,000 | 189,625 |
0.75% 2/20/28 (Reg. S) (d) | EUR | 355,000 | 356,067 |
0.75% 3/20/51 (Reg. S) (d) | EUR | 1,200,000 | 766,239 |
0.9% 2/20/32 (Reg. S) (d) | EUR | 394,000 | 369,778 |
1.2% 10/20/25 (Reg. S) (d) | EUR | 77,000 | 80,697 |
1.5% 2/20/47 (Reg. S) (d) | EUR | 403,000 | 326,822 |
2% 7/15/26(Reg. S) (d) | EUR | 1,070,000 | 1,132,633 |
2.4% 5/23/34(Reg. S) (d) | EUR | 40,000 | 41,575 |
2.9% 2/20/33(Reg. S) (d) | EUR | 140,000 | 152,217 |
2.9% 2/20/34(Reg. S) (d) | EUR | 200,000 | 217,207 |
3.15% 6/20/44(Reg. S) (d) | EUR | 10,000 | 11,000 |
4.15% 3/15/37 (d) | EUR | 20,000 | 24,373 |
TOTAL AUSTRIA | 7,216,209 | ||
Belgium - 1.3% | |||
Belgian Kingdom: | |||
0% 10/22/27 (Reg. S) (d) | EUR | 1,690,000 | 1,660,494 |
0% 10/22/31 (d) | EUR | 622,000 | 548,532 |
0.1% 6/22/30 (Reg. S) (d) | EUR | 675,000 | 623,119 |
0.35% 6/22/32 (d) | EUR | 549,000 | 488,793 |
0.4% 6/22/40 (d) | EUR | 1,212,000 | 853,579 |
0.65% 6/22/71 (Reg. S) (d) | EUR | 230,000 | 106,773 |
0.8% 6/22/25 (Reg. S) (d) | EUR | 105,000 | 109,949 |
0.8% 6/22/27 (d) | EUR | 39,000 | 39,640 |
0.9% 6/22/29 (d) | EUR | 1,373,000 | 1,359,104 |
1% 6/22/26 (Reg. S) (d) | EUR | 161,000 | 166,879 |
1.25% 4/22/33 (Reg. S) (d) | EUR | 1,521,000 | 1,447,166 |
1.4% 6/22/53 (Reg. S) (d) | EUR | 932,000 | 650,897 |
1.45% 6/22/37 (Reg. S) (d) | EUR | 84,000 | 75,228 |
1.6% 6/22/47 (d) | EUR | 38,000 | 29,992 |
1.7% 6/22/50 (d) | EUR | 23,000 | 17,948 |
1.9% 6/22/38(Reg. S) (d) | EUR | 101,000 | 94,293 |
2.25% 6/22/57 (Reg. S) (d) | EUR | 124,000 | 105,303 |
2.85% 10/22/34(Reg. S) (d) | EUR | 160,000 | 172,178 |
3.3% 6/22/54 (Reg. S) (d) | EUR | 360,000 | 384,992 |
3.75% 6/22/45(Reg. S) | EUR | 20,000 | 23,212 |
4% 3/28/32 | EUR | 30,000 | 35,272 |
4.25% 3/28/41 (d) | EUR | 545,000 | 670,760 |
5.5% 3/28/28 | EUR | 40,000 | 47,770 |
Flemish Community 3.25% 4/5/33 (Reg. S) | EUR | 300,000 | 327,253 |
Walloon Region 1.05% 6/22/40 (Reg. S) | EUR | 100,000 | 74,518 |
TOTAL BELGIUM | 10,113,644 | ||
Bulgaria - 0.0% | |||
Bulgarian Republic 4.625% 9/23/34(Reg. S) | EUR | 190,000 | 220,419 |
Canada - 3.6% | |||
Alberta Province: | |||
0.5% 4/16/25 (Reg. S) | EUR | 100,000 | 104,627 |
0.625% 4/18/25 (Reg. S) | EUR | 330,000 | 345,593 |
2.05% 6/1/30 | CAD | 260,000 | 172,503 |
3.05% 12/1/48 | CAD | 724,000 | 423,283 |
3.1% 6/1/50 | CAD | 231,000 | 135,858 |
British Columbia Province: | |||
2.3% 6/18/26 | CAD | 210,000 | 148,987 |
2.75% 6/18/52 | CAD | 140,000 | 77,355 |
2.95% 6/18/50 | CAD | 924,000 | 532,162 |
Canada Housing Trust No. 1: | |||
1.75% 6/15/30 (d) | CAD | 730,000 | 479,998 |
2.1% 9/15/29 (d) | CAD | 70,000 | 47,525 |
3.6% 12/15/27 (d) | CAD | 1,910,000 | 1,399,628 |
4.25% 3/15/34 (d) | CAD | 780,000 | 595,421 |
Canadian Government: | |||
0.25% 3/1/26 | CAD | 548,000 | 376,445 |
0.5% 12/1/30 | CAD | 491,000 | 299,802 |
1% 9/1/26 | CAD | 390,000 | 268,844 |
1% 6/1/27 | CAD | 58,000 | 39,487 |
1.25% 3/1/27 | CAD | 100,000 | 68,724 |
1.25% 6/1/30 | CAD | 16,000 | 10,387 |
1.5% 9/1/24 | CAD | 18,000 | 13,108 |
1.75% 12/1/53 | CAD | 1,050,000 | 542,236 |
2% 6/1/28 | CAD | 50,000 | 34,759 |
2% 6/1/32 | CAD | 2,410,000 | 1,594,669 |
2% 12/1/51 | CAD | 410,000 | 228,341 |
2.5% 12/1/32 | CAD | 2,160,000 | 1,479,404 |
2.75% 6/1/33 | CAD | 430,000 | 299,650 |
2.75% 12/1/48 | CAD | 310,000 | 204,684 |
2.75% 12/1/64 | CAD | 490,000 | 317,466 |
3.25% 9/1/28 | CAD | 510,000 | 371,810 |
3.25% 12/1/33 | CAD | 1,640,000 | 1,189,224 |
3.5% 3/1/28 | CAD | 855,000 | 628,953 |
City of Montreal 2.3% 9/1/29 | CAD | 140,000 | 94,761 |
City of Ottawa 4.6% 7/14/42 | CAD | 70,000 | 51,693 |
City of Toronto 2.8% 11/22/49 | CAD | 180,000 | 96,882 |
Manitoba Province: | |||
3.2% 3/5/50 | CAD | 256,000 | 151,634 |
3.4% 9/5/48 | CAD | 310,000 | 190,488 |
New Brunswick Province: | |||
3.05% 8/14/50 | CAD | 227,000 | 130,680 |
3.55% 6/3/43 | CAD | 100,000 | 64,626 |
Newfoundland Province: | |||
2.65% 10/17/50 | CAD | 167,000 | 84,947 |
3.3% 10/17/46 | CAD | 50,000 | 29,413 |
3.7% 10/17/48 | CAD | 70,000 | 43,811 |
Nova Scotia Province 3.15% 12/1/51 | CAD | 80,000 | 46,976 |
Ontario Province: | |||
0.25% 12/15/26 (Reg. S) | GBP | 638,000 | 717,838 |
0.375% 4/8/27 (Reg. S) | EUR | 283,000 | 282,158 |
1.05% 9/8/27 | CAD | 2,770,000 | 1,858,827 |
1.75% 9/8/25 | CAD | 401,000 | 285,278 |
1.9% 12/2/51 | CAD | 210,000 | 95,305 |
2.05% 6/2/30 | CAD | 59,000 | 39,190 |
2.15% 6/2/31 | CAD | 170,000 | 111,532 |
2.3% 9/8/24 | CAD | 53,000 | 38,719 |
2.4% 6/2/26 | CAD | 49,000 | 34,853 |
2.6% 6/2/25 | CAD | 3,000,000 | 2,166,520 |
2.65% 12/2/50 | CAD | 49,000 | 26,607 |
2.7% 6/2/29 | CAD | 1,703,000 | 1,190,019 |
2.8% 6/2/48 | CAD | 1,868,000 | 1,057,419 |
2.9% 6/2/49 | CAD | 885,000 | 507,211 |
3.65% 6/2/33 | CAD | 1,050,000 | 748,600 |
3.75% 12/2/53 | CAD | 160,000 | 107,822 |
4.7% 6/2/37 | CAD | 190,000 | 145,715 |
Quebec Province: | |||
0% 10/29/30 (Reg. S) | EUR | 1,050,000 | 936,739 |
0.5% 1/25/32 (Reg. S) | EUR | 330,000 | 295,607 |
0.75% 12/13/24 (Reg. S) | GBP | 192,000 | 235,011 |
1.5% 9/1/31 | CAD | 1,966,000 | 1,222,562 |
1.9% 9/1/30 | CAD | 131,000 | 85,701 |
2.25% 9/15/26 (Reg. S) | GBP | 112,000 | 133,633 |
2.3% 9/1/29 | CAD | 1,179,000 | 804,519 |
2.5% 9/1/26 | CAD | 423,000 | 300,964 |
2.85% 12/1/53 | CAD | 110,000 | 61,642 |
3.1% 12/1/51 | CAD | 230,000 | 136,226 |
3.5% 12/1/45 | CAD | 130,000 | 83,747 |
3.6% 9/1/33 | CAD | 300,000 | 211,983 |
3.65% 5/20/32 | CAD | 410,000 | 295,086 |
5% 12/1/38 | CAD | 90,000 | 70,981 |
5% 12/1/41 | CAD | 420,000 | 332,729 |
Saskatchewan Province 3.1% 6/2/50 | CAD | 293,000 | 173,970 |
TOTAL CANADA | 28,211,557 | ||
Chile - 0.1% | |||
Chilean Republic: | |||
1.25% 1/29/40 | EUR | 114,000 | 85,170 |
1.875% 5/27/30 | EUR | 100,000 | 97,696 |
2.3% 10/1/28(Reg. S) (d) | CLP | 245,000,000 | 216,691 |
5.1% 7/15/50 | CLP | 120,000,000 | 114,479 |
6% 1/1/43 | CLP | 200,000,000 | 211,934 |
7% 5/1/34(Reg. S) (d) | CLP | 105,000,000 | 116,714 |
TOTAL CHILE | 842,684 | ||
China - 16.0% | |||
Agricultural Development Bank of China 3.3% 11/5/31 | CNY | 42,520,000 | 6,203,896 |
China Development Bank: | |||
2.83% 9/10/26 | CNY | 59,070,000 | 8,301,853 |
3% 1/17/32 | CNY | 10,000,000 | 1,431,646 |
3.02% 3/6/33 | CNY | 16,400,000 | 2,360,103 |
3.34% 7/14/25 | CNY | 19,020,000 | 2,674,855 |
3.41% 6/7/31 | CNY | 2,540,000 | 372,604 |
3.48% 1/8/29 | CNY | 62,240,000 | 9,039,415 |
3.5% 11/4/46 | CNY | 820,000 | 129,590 |
3.68% 2/26/26 | CNY | 27,100,000 | 3,860,036 |
3.7% 10/20/30 | CNY | 17,030,000 | 2,530,710 |
3.8% 1/25/36 | CNY | 550,000 | 85,725 |
3.9% 8/3/40 | CNY | 12,690,000 | 2,042,828 |
Peoples Republic of China: | |||
0.5% 11/12/31 (Reg. S) | EUR | 110,000 | 98,425 |
2% 6/15/25 | CNY | 37,770,000 | 5,231,987 |
2.18% 8/25/25 | CNY | 20,460,000 | 2,839,532 |
2.35% 2/25/34 | CNY | 9,440,000 | 1,312,664 |
2.37% 1/20/27 | CNY | 5,670,000 | 790,012 |
2.37% 1/15/29 | CNY | 7,130,000 | 993,861 |
2.39% 11/15/26 | CNY | 14,910,000 | 2,080,900 |
2.4% 7/15/28 | CNY | 50,010,000 | 6,968,768 |
2.44% 10/15/27 | CNY | 4,120,000 | 574,834 |
2.48% 4/15/27 | CNY | 6,860,000 | 959,700 |
2.5% 7/25/27 | CNY | 21,290,000 | 2,976,499 |
2.52% 8/25/33 | CNY | 35,920,000 | 5,020,181 |
2.55% 10/15/28 | CNY | 36,740,000 | 5,155,138 |
2.6% 9/15/30 | CNY | 1,630,000 | 228,738 |
2.6% 9/1/32 | CNY | 15,220,000 | 2,136,084 |
2.62% 9/25/29 | CNY | 13,690,000 | 1,923,698 |
2.64% 1/15/28 | CNY | 20,000,000 | 2,809,264 |
2.67% 11/25/33 | CNY | 25,000,000 | 3,555,053 |
2.68% 5/21/30 | CNY | 1,760,000 | 248,045 |
2.7% 11/3/26 | CNY | 20,270,000 | 2,851,989 |
2.75% 6/15/29 | CNY | 11,830,000 | 1,673,821 |
2.75% 2/17/32 | CNY | 9,650,000 | 1,368,078 |
2.76% 5/15/32 | CNY | 20,700,000 | 2,938,021 |
2.79% 12/15/29 | CNY | 8,320,000 | 1,180,155 |
2.8% 3/24/29 | CNY | 7,560,000 | 1,072,626 |
2.8% 11/15/32 | CNY | 12,110,000 | 1,727,021 |
2.88% 2/25/33 | CNY | 5,620,000 | 807,243 |
3.02% 10/22/25 | CNY | 41,220,000 | 5,803,418 |
3.02% 5/27/31 | CNY | 2,210,000 | 318,776 |
3.12% 10/25/52 | CNY | 9,420,000 | 1,431,668 |
3.19% 4/15/53 | CNY | 2,170,000 | 341,972 |
3.25% 6/6/26 | CNY | 18,000,000 | 2,561,350 |
3.27% 11/19/30 | CNY | 40,000 | 5,866 |
3.27% 3/25/73 | CNY | 4,040,000 | 649,996 |
3.32% 4/15/52 | CNY | 19,390,000 | 3,038,212 |
3.53% 10/18/51 | CNY | 2,230,000 | 361,054 |
3.73% 5/25/70 | CNY | 1,050,000 | 184,873 |
3.81% 9/14/50 | CNY | 41,140,000 | 6,949,193 |
3.82% 11/19/68 | CNY | 4,580,000 | 822,472 |
3.86% 7/22/49 | CNY | 17,330,000 | 2,921,100 |
4.12% 8/2/42 | CNY | 3,320,000 | 571,258 |
TOTAL CHINA | 124,516,806 | ||
Colombia - 0.2% | |||
Colombian Republic: | |||
5.75% 11/3/27 | COP | 2,000,000,000 | 461,160 |
7% 3/26/31 | COP | 3,780,000,000 | 840,421 |
7% 6/30/32 | COP | 873,300,000 | 188,586 |
7.25% 10/18/34 | COP | 1,541,500,000 | 323,908 |
TOTAL COLOMBIA | 1,814,075 | ||
Croatia - 0.1% | |||
Croatia Republic: | |||
1.125% 6/19/29 (Reg. S) | EUR | 151,000 | 147,939 |
1.75% 3/4/41(Reg. S) | EUR | 100,000 | 81,824 |
2.7% 6/15/28 | EUR | 200,000 | 213,410 |
TOTAL CROATIA | 443,173 | ||
Cyprus - 0.0% | |||
Republic of Cyprus: | |||
2.25% 4/16/50 (Reg. S) | EUR | 59,000 | 48,611 |
2.375% 9/25/28 (Reg. S) | EUR | 84,000 | 88,231 |
2.75% 6/27/24 (Reg. S) | EUR | 32,000 | 34,437 |
TOTAL CYPRUS | 171,279 | ||
Czech Republic - 0.2% | |||
Czech Republic: | |||
0.25% 2/10/27 | CZK | 10,030,000 | 387,755 |
1.2% 3/13/31 | CZK | 5,250,000 | 188,150 |
1.25% 2/14/25 | CZK | 170,000 | 7,047 |
1.5% 4/24/40 | CZK | 10,600,000 | 315,527 |
1.75% 6/23/32 | CZK | 7,650,000 | 277,004 |
2% 10/13/33 | CZK | 2,230,000 | 80,268 |
4.85% 11/26/57 (Reg. S) | CZK | 1,830,000 | 86,998 |
5.5% 12/12/28 | CZK | 7,560,000 | 346,065 |
TOTAL CZECH REPUBLIC | 1,688,814 | ||
Denmark - 0.3% | |||
Danish Kingdom: | |||
0% 11/15/31 | DKK | 610,000 | 74,560 |
0.25% 11/15/52 (Reg. S) | DKK | 1,761,000 | 140,903 |
0.5% 11/15/27 | DKK | 3,050,000 | 412,063 |
0.5% 11/15/29(Reg. S) | DKK | 7,384,000 | 969,147 |
4.5% 11/15/39 | DKK | 3,960,000 | 719,653 |
TOTAL DENMARK | 2,316,326 | ||
Finland - 0.4% | |||
Finnish Government: | |||
0% 9/15/24 (d) | EUR | 84,000 | 89,113 |
0% 9/15/30 (Reg. S) (d) | EUR | 260,000 | 236,715 |
0.125% 4/15/36 (Reg. S) (d) | EUR | 452,000 | 351,071 |
0.125% 4/15/52 (Reg. S) (d) | EUR | 294,000 | 151,454 |
0.25% 9/15/40 (Reg. S) (d) | EUR | 433,000 | 302,700 |
0.5% 4/15/26 (Reg. S) (d) | EUR | 44,000 | 45,207 |
0.5% 9/15/28 (Reg. S) (d) | EUR | 400,000 | 392,524 |
0.5% 4/15/43(Reg. S) (d) | EUR | 63,000 | 43,618 |
1.125% 4/15/34 (Reg. S) (d) | EUR | 166,000 | 153,085 |
1.5% 9/15/32(Reg. S) (d) | EUR | 270,000 | 264,327 |
2.625% 7/4/42 (d) | EUR | 20,000 | 20,486 |
2.875% 4/15/29(Reg. S) (d) | EUR | 290,000 | 315,972 |
4% 7/4/25 (d) | EUR | 710,000 | 773,486 |
TOTAL FINLAND | 3,139,758 | ||
France - 5.7% | |||
Caisse d'Amort de la Dette Sociale 0.125% 12/15/25 (Reg. S) | GBP | 400,000 | 467,248 |
French Government: | |||
0% 3/25/25(Reg. S) (d) | EUR | 14,000 | 14,612 |
0% 2/25/26 (Reg. S) (d) | EUR | 5,043,000 | 5,148,946 |
0% 2/25/27 (Reg. S) (d) | EUR | 315,000 | 314,105 |
0% 11/25/29 (Reg. S) (d) | EUR | 3,307,000 | 3,082,783 |
0% 11/25/30 (Reg. S) (d) | EUR | 1,209,000 | 1,096,933 |
0% 11/25/31 (Reg. S) (d) | EUR | 747,000 | 658,743 |
0% 5/25/32 (Reg. S) (d) | EUR | 883,000 | 766,910 |
0.25% 11/25/26(Reg. S) (d) | EUR | 1,615,000 | 1,631,275 |
0.5% 5/25/26 (d) | EUR | 33,000 | 33,870 |
0.5% 5/25/29 (Reg. S) (d) | EUR | 1,326,000 | 1,285,709 |
0.5% 5/25/40 (Reg. S) (d) | EUR | 3,197,000 | 2,323,799 |
0.5% 6/25/44(Reg. S) (d) | EUR | 690,000 | 452,971 |
0.5% 5/25/72 (d) | EUR | 50,000 | 21,309 |
0.75% 2/25/28(Reg. S) (d) | EUR | 3,330,000 | 3,340,034 |
0.75% 5/25/28 (Reg. S) (d) | EUR | 473,000 | 472,667 |
0.75% 5/25/52 (Reg. S) (d) | EUR | 2,316,000 | 1,372,680 |
0.75% 5/25/53 (Reg. S) (d) | EUR | 2,348,000 | 1,360,529 |
1% 11/25/25(Reg. S) (d) | EUR | 36,000 | 37,577 |
1% 5/25/27 (d) | EUR | 3,126,000 | 3,199,510 |
1.25% 5/25/34(Reg. S) (d) | EUR | 137,000 | 127,491 |
1.25% 5/25/36(Reg. S) (d) | EUR | 2,368,000 | 2,118,241 |
1.5% 5/25/31(Reg. S) (d) | EUR | 1,913,000 | 1,911,355 |
1.5% 5/25/50 (Reg. S) (d) | EUR | 354,000 | 266,949 |
1.75% 6/25/39 (Reg. S) (d) | EUR | 655,000 | 597,467 |
1.75% 5/25/66 (d) | EUR | 33,000 | 24,313 |
2% 11/25/32(Reg. S) (d) | EUR | 2,970,000 | 3,024,846 |
2% 5/25/48 (d) | EUR | 124,000 | 106,845 |
2.5% 9/24/26(Reg. S) (d) | EUR | 420,000 | 449,485 |
2.5% 5/25/30 (d) | EUR | 840,000 | 899,595 |
2.5% 5/25/43(Reg. S) (d) | EUR | 1,630,000 | 1,586,566 |
2.75% 2/25/29(Reg. S) (d) | EUR | 1,570,000 | 1,701,078 |
3% 5/25/33 (Reg. S) (d) | EUR | 870,000 | 956,151 |
3% 5/25/54(Reg. S) (d) | EUR | 610,000 | 622,879 |
3.5% 11/25/33(Reg. S) (d) | EUR | 1,700,000 | 1,940,343 |
4% 4/25/60 (d) | EUR | 230,000 | 286,701 |
4.75% 4/25/35 (d) | EUR | 100,000 | 126,886 |
La Banque Postale 0.75% 8/2/32 (Reg. S) (b) | EUR | 100,000 | 96,297 |
TOTAL FRANCE | 43,925,698 | ||
Germany - 6.1% | |||
Bundeslaender Bundesrepublik 0.01% 2/4/31 (Reg. S) | EUR | 50,000 | 44,980 |
Free & Hanseatic City of Hamburg 0.25% 2/18/41 (Reg. S) | EUR | 190,000 | 130,657 |
Free State of Saxony 0.01% 12/17/35 (Reg. S) | EUR | 490,000 | 382,944 |
German Federal Republic: | |||
0% 4/11/25 (Reg. S) | EUR | 5,000 | 5,217 |
0% 4/10/26 (Reg. S) | EUR | 260,000 | 265,489 |
0% 8/15/26(Reg. S) | EUR | 57,000 | 57,808 |
0% 10/9/26 (Reg. S) | EUR | 2,560,000 | 2,587,876 |
0% 4/16/27 (Reg. S) | EUR | 4,600,000 | 4,603,459 |
0% 8/15/29(Reg. S) | EUR | 765,000 | 732,147 |
0% 2/15/30 (Reg. S) | EUR | 451,000 | 427,147 |
0% 8/15/30 (Reg. S) | EUR | 4,361,000 | 4,089,167 |
0% 2/15/32 (Reg. S) | EUR | 8,000 | 7,257 |
0% 8/15/50 | EUR | 1,130,000 | 649,866 |
0% 8/15/52 (Reg. S) | EUR | 150,000 | 82,388 |
0.25% 2/15/29 | EUR | 6,000 | 5,874 |
0.5% 2/15/28 | EUR | 7,000 | 7,035 |
1.25% 8/15/48 (e) | EUR | 1,523,000 | 1,284,369 |
1.8% 8/15/53(Reg. S) | EUR | 1,740,000 | 1,624,318 |
2.1% 4/12/29(Reg. S) | EUR | 760,000 | 811,440 |
2.1% 11/15/29(Reg. S) | EUR | 2,540,000 | 2,712,843 |
2.2% 2/15/34(Reg. S) | EUR | 2,330,000 | 2,493,033 |
2.3% 2/15/33(Reg. S) | EUR | 2,350,000 | 2,544,247 |
2.4% 11/15/30(Reg. S) | EUR | 4,450,000 | 4,838,781 |
2.5% 3/19/26(Reg. S) | EUR | 2,110,000 | 2,261,236 |
2.5% 7/4/44 | EUR | 20,000 | 21,617 |
2.5% 8/15/54(Reg. S) | EUR | 130,000 | 141,549 |
2.6% 8/15/33(Reg. S) | EUR | 860,000 | 952,936 |
3.1% 12/12/25 (Reg. S) | EUR | 2,130,000 | 2,302,799 |
3.25% 7/4/42 (f) | EUR | 3,520,000 | 4,221,359 |
4% 1/4/37 | EUR | 40,000 | 50,634 |
4.75% 7/4/40 | EUR | 20,000 | 28,109 |
Land Berlin: | |||
0.125% 11/24/45 (Reg. S) | EUR | 270,000 | 157,891 |
2.75% 2/14/33 | EUR | 340,000 | 367,887 |
Land Brandenburg 0.05% 7/1/31 (Reg. S) | EUR | 110,000 | 98,303 |
Land Hessen 0.01% 6/18/31 (Reg. S) | EUR | 160,000 | 142,719 |
Land Niedersachsen: | |||
0.01% 11/25/27 (Reg. S) | EUR | 430,000 | 419,256 |
0.01% 1/10/31 (Reg. S) | EUR | 130,000 | 117,108 |
1.125% 9/12/33 (Reg. S) | EUR | 70,000 | 65,431 |
Land Nordrhein-Westfalen: | |||
0.2% 3/31/27 (Reg. S) | EUR | 1,513,000 | 1,507,735 |
0.2% 4/9/30 (Reg. S) | EUR | 725,000 | 675,189 |
0.2% 1/27/51 (Reg. S) | EUR | 50,000 | 25,864 |
0.5% 11/25/39 (Reg. S) | EUR | 72,000 | 53,682 |
0.625% 7/21/31 (Reg. S) | EUR | 24,000 | 22,356 |
0.8% 7/30/49 (Reg. S) | EUR | 104,000 | 67,704 |
1.25% 5/12/36 (Reg. S) | EUR | 226,000 | 203,980 |
1.375% 1/15/20 (Reg. S) | EUR | 70,000 | 40,236 |
1.55% 6/16/48 (Reg. S) | EUR | 178,000 | 143,198 |
1.65% 2/22/38 (Reg. S) | EUR | 607,000 | 559,752 |
1.95% 9/26/78 (Reg. S) | EUR | 270,000 | 211,272 |
Land Rheinland Pfalz 0.01% 1/21/31 (Reg. S) | EUR | 50,000 | 45,069 |
Landwirtschaftliche Rentenbank: | |||
0.05% 12/18/29 (Reg. S) | EUR | 42,000 | 39,068 |
0.875% 12/15/26 (Reg. S) | GBP | 19,000 | 21,884 |
1.375% 9/8/25 (Reg. S) | GBP | 1,512,000 | 1,818,620 |
2.6% 3/23/27 (Reg. S) | AUD | 60,000 | 37,426 |
4% 1/19/28 | AUD | 350,000 | 226,455 |
TOTAL GERMANY | 47,436,666 | ||
Greece - 0.2% | |||
Greek Government: | |||
1.875% 1/24/52(Reg. S) (d) | EUR | 200,000 | 147,519 |
3.9% 1/30/33(Reg. S) | EUR | 1,280,000 | 1,447,827 |
TOTAL GREECE | 1,595,346 | ||
Hong Kong - 0.0% | |||
Hong Kong Government SAR 1.59% 3/4/36 | HKD | 1,050,000 | 105,377 |
Hungary - 0.2% | |||
Hungarian Republic: | |||
1% 11/26/25 | HUF | 30,380,000 | 76,149 |
1.5% 4/22/26 | HUF | 43,280,000 | 107,176 |
1.625% 4/28/32 (Reg. S) | EUR | 246,000 | 217,377 |
2.5% 10/24/24 | HUF | 3,780,000 | 10,102 |
2.75% 12/22/26 | HUF | 30,520,000 | 75,587 |
3% 8/21/30 | HUF | 64,320,000 | 143,207 |
3% 4/25/41 | HUF | 227,580,000 | 394,783 |
4.5% 3/23/28 | HUF | 112,000,000 | 283,631 |
TOTAL HUNGARY | 1,308,012 | ||
Indonesia - 0.9% | |||
Indonesian Republic: | |||
1.45% 9/18/26 | EUR | 100,000 | 101,985 |
2.15% 7/18/24 (Reg. S) | EUR | 129,000 | 137,983 |
5.125% 4/15/27 | IDR | 9,200,000,000 | 558,963 |
5.5% 4/15/26 | IDR | 1,000,000 | 62 |
6.375% 8/15/28 | IDR | 6,111,000,000 | 382,925 |
6.375% 4/15/42 | IDR | 900,000,000 | 54,636 |
6.5% 6/15/25 | IDR | 717,000,000 | 45,212 |
6.5% 2/15/31 | IDR | 4,193,000,000 | 262,476 |
6.625% 2/15/34 | IDR | 11,657,000,000 | 728,637 |
6.875% 8/15/51 | IDR | 528,000,000 | 32,915 |
7% 9/15/30 | IDR | 15,924,000,000 | 1,024,682 |
7% 2/15/33 | IDR | 24,508,000,000 | 1,579,999 |
7.125% 6/15/42 | IDR | 2,600,000,000 | 167,003 |
7.375% 5/15/48 | IDR | 8,728,000,000 | 577,586 |
7.5% 6/15/35 | IDR | 1,449,000,000 | 96,691 |
7.5% 5/15/38 | IDR | 1,631,000,000 | 108,304 |
7.5% 4/15/40 | IDR | 9,622,000,000 | 639,646 |
8.375% 4/15/39 | IDR | 1,794,000,000 | 128,426 |
TOTAL INDONESIA | 6,628,131 | ||
Ireland - 0.4% | |||
Irish Republic: | |||
0.2% 5/15/27 (Reg. S) | EUR | 225,000 | 225,089 |
0.2% 10/18/30 (Reg. S) | EUR | 86,000 | 79,643 |
0.35% 10/18/32 (Reg. S) | EUR | 290,000 | 258,935 |
0.4% 5/15/35 (Reg. S) | EUR | 355,000 | 297,240 |
0.55% 4/22/41 (Reg. S) | EUR | 130,000 | 95,463 |
0.9% 5/15/28 (Reg. S) | EUR | 132,000 | 133,254 |
1% 5/15/26(Reg. S) | EUR | 188,000 | 195,219 |
1.1% 5/15/29 (Reg. S) | EUR | 689,000 | 691,518 |
1.3% 5/15/33 | EUR | 570,000 | 547,679 |
1.5% 5/15/50 (Reg. S) | EUR | 310,000 | 243,542 |
1.7% 5/15/37 | EUR | 380,000 | 358,307 |
TOTAL IRELAND | 3,125,889 | ||
Israel - 0.2% | |||
Israeli State: | |||
1% 3/31/30 | ILS | 1,812,000 | 411,351 |
1.3% 4/30/32 | ILS | 840,000 | 182,384 |
1.5% 1/16/29 (Reg. S) | EUR | 335,000 | 321,659 |
1.5% 5/31/37 | ILS | 738,000 | 140,072 |
1.75% 8/31/25 | ILS | 1,890,000 | 498,086 |
2.8% 11/29/52 | ILS | 930,000 | 172,612 |
3.75% 3/31/47 | ILS | 476,000 | 110,376 |
TOTAL ISRAEL | 1,836,540 | ||
Italy - 5.6% | |||
Italian Republic: | |||
0.35% 2/1/25 | EUR | 191,000 | 200,695 |
0.45% 2/15/29(Reg. S) | EUR | 190,000 | 180,117 |
0.85% 1/15/27 (Reg. S) | EUR | 81,000 | 82,140 |
0.9% 4/1/31 | EUR | 82,000 | 75,083 |
0.95% 9/15/27 (Reg. S) | EUR | 1,948,000 | 1,954,698 |
0.95% 8/1/30 (Reg. S) | EUR | 142,000 | 132,754 |
0.95% 6/1/32 (Reg. S) | EUR | 701,000 | 623,812 |
1.1% 4/1/27 (Reg. S) | EUR | 2,024,000 | 2,058,451 |
1.35% 4/1/30 (Reg. S) | EUR | 1,950,000 | 1,886,355 |
1.45% 11/15/24 (Reg. S) | EUR | 245,000 | 260,842 |
1.45% 5/15/25 | EUR | 80,000 | 84,476 |
1.45% 3/1/36 (Reg. S) (d) | EUR | 1,347,000 | 1,133,493 |
1.6% 6/1/26 | EUR | 179,000 | 186,828 |
1.65% 3/1/32 (d) | EUR | 575,000 | 545,179 |
1.7% 9/1/51 (Reg. S) (d) | EUR | 536,000 | 360,599 |
1.8% 3/1/41 (Reg. S) (d) | EUR | 2,851,000 | 2,253,916 |
2.05% 8/1/27 | EUR | 213,000 | 222,212 |
2.1% 7/15/26 | EUR | 1,186,000 | 1,249,698 |
2.15% 9/1/52 (Reg. S) (d) | EUR | 962,000 | 706,691 |
2.15% 3/1/72 (Reg. S) (d) | EUR | 79,000 | 53,510 |
2.2% 6/1/27 (Reg. S) | EUR | 1,612,000 | 1,692,070 |
2.25% 9/1/36 (Reg. S) (d) | EUR | 639,000 | 585,343 |
2.45% 9/1/33 (d) | EUR | 897,000 | 883,786 |
2.45% 9/1/50 (Reg. S) (d) | EUR | 77,000 | 61,629 |
2.5% 11/15/25 | EUR | 2,093,000 | 2,231,162 |
2.5% 12/1/32(Reg. S) | EUR | 260,000 | 260,138 |
2.65% 12/1/27(Reg. S) | EUR | 640,000 | 679,624 |
2.7% 3/1/47 (d) | EUR | 116,000 | 100,291 |
2.8% 6/15/29(Reg. S) | EUR | 1,740,000 | 1,841,266 |
2.8% 3/1/67 (d) | EUR | 120,000 | 97,853 |
2.95% 9/1/38 (d) | EUR | 433,000 | 418,541 |
3% 8/1/29 | EUR | 2,038,000 | 2,178,059 |
3.1% 3/1/40 (Reg. S) (d) | EUR | 1,208,000 | 1,170,423 |
3.35% 3/1/35 (d) | EUR | 1,808,000 | 1,888,689 |
3.45% 3/1/48 (d) | EUR | 1,000 | 978 |
3.6% 9/29/25(Reg. S) | EUR | 3,700,000 | 4,003,521 |
3.7% 6/15/30(Reg. S) | EUR | 1,220,000 | 1,344,479 |
3.75% 9/1/24 | EUR | 80,000 | 86,295 |
3.8% 4/15/26(Reg. S) | EUR | 630,000 | 687,301 |
3.85% 12/15/29(Reg. S) | EUR | 1,770,000 | 1,968,971 |
3.85% 9/1/49 (d) | EUR | 679,000 | 704,651 |
4% 11/15/30(Reg. S) | EUR | 2,510,000 | 2,811,854 |
4.1% 2/1/29}(Reg. S) | EUR | 130,000 | 145,929 |
4.2% 3/1/34(Reg. S) | EUR | 590,000 | 666,438 |
4.4% 5/1/33(Reg. S) | EUR | 760,000 | 874,664 |
4.45% 9/1/43(Reg. S) (d) | EUR | 900,000 | 1,016,800 |
4.5% 3/1/26 (d) | EUR | 50,000 | 55,194 |
4.5% 10/1/53(Reg. S) (d) | EUR | 390,000 | 443,380 |
5% 3/1/25 (d) | EUR | 80,000 | 87,386 |
5% 8/1/34 (d) | EUR | 20,000 | 24,063 |
5% 8/1/39 (d) | EUR | 20,000 | 24,116 |
6.5% 11/1/27 | EUR | 50,000 | 60,113 |
TOTAL ITALY | 43,346,556 | ||
Japan - 9.9% | |||
Development Bank of Japan 3.125% 4/13/28 (Reg. S) | EUR | 140,000 | 151,548 |
Japan Government: | |||
0.005% 1/1/25 | JPY | 34,300,000 | 226,519 |
0.005% 3/20/27 | JPY | 121,200,000 | 795,862 |
0.005% 6/20/27 | JPY | 230,000,000 | 1,509,054 |
0.1% 12/20/24 | JPY | 4,300,000 | 28,418 |
0.1% 3/20/25 | JPY | 50,000 | 330 |
0.1% 9/20/25 | JPY | 15,500,000 | 102,395 |
0.1% 3/20/26 | JPY | 19,900,000 | 131,243 |
0.1% 9/20/26 | JPY | 63,300,000 | 417,175 |
0.1% 12/20/26 | JPY | 70,150,000 | 462,226 |
0.1% 3/20/27 | JPY | 295,100,000 | 1,943,180 |
0.1% 6/20/27 | JPY | 32,450,000 | 213,570 |
0.1% 9/20/27 | JPY | 13,700,000 | 90,096 |
0.1% 9/20/27 | JPY | 177,000,000 | 1,164,016 |
0.1% 12/20/27 | JPY | 75,800,000 | 497,898 |
0.1% 3/20/28 | JPY | 53,650,000 | 351,932 |
0.1% 6/20/28 | JPY | 30,400,000 | 199,235 |
0.1% 9/20/28 | JPY | 231,650,000 | 1,515,396 |
0.1% 12/20/28 | JPY | 69,800,000 | 455,761 |
0.1% 3/20/29 | JPY | 23,050,000 | 150,288 |
0.1% 6/20/29 | JPY | 119,650,000 | 779,219 |
0.1% 12/20/29 | JPY | 617,250,000 | 4,012,614 |
0.1% 3/20/30 | JPY | 15,400,000 | 99,972 |
0.1% 6/20/30 | JPY | 393,950,000 | 2,553,544 |
0.1% 9/20/30 | JPY | 362,600,000 | 2,345,882 |
0.1% 12/20/30 | JPY | 83,550,000 | 539,405 |
0.1% 3/20/31 | JPY | 270,050,000 | 1,739,680 |
0.2% 12/20/27 | JPY | 169,000,000 | 1,114,174 |
0.2% 6/20/28 | JPY | 54,650,000 | 359,698 |
0.2% 12/20/28 | JPY | 46,550,000 | 305,373 |
0.2% 3/20/32 | JPY | 28,000,000 | 180,019 |
0.2% 6/20/32 | JPY | 84,300,000 | 540,432 |
0.2% 9/20/32 | JPY | 53,150,000 | 339,829 |
0.2% 6/20/36 | JPY | 308,050,000 | 1,869,382 |
0.3% 12/20/25 | JPY | 821,250,000 | 5,438,706 |
0.3% 6/20/39 | JPY | 158,200,000 | 920,869 |
0.3% 9/20/39 | JPY | 56,150,000 | 325,342 |
0.3% 12/20/39 | JPY | 900,000 | 5,187 |
0.3% 6/20/46 | JPY | 137,800,000 | 698,394 |
0.4% 6/20/25 | JPY | 12,550,000 | 83,236 |
0.4% 9/20/25 | JPY | 44,650,000 | 296,257 |
0.4% 3/20/36 | JPY | 192,500,000 | 1,201,961 |
0.4% 3/20/40 | JPY | 51,800,000 | 301,961 |
0.4% 6/20/40 | JPY | 10,450,000 | 60,664 |
0.4% 9/20/40 | JPY | 73,150,000 | 422,582 |
0.4% 9/20/49 | JPY | 5,450,000 | 26,735 |
0.4% 3/20/50 | JPY | 35,400,000 | 172,120 |
0.4% 3/20/56 | JPY | 505,000,000 | 2,232,235 |
0.5% 3/20/33 | JPY | 20,850,000 | 136,174 |
0.5% 9/20/36 | JPY | 93,750,000 | 588,387 |
0.5% 12/20/38 | JPY | 15,550,000 | 94,202 |
0.5% 3/20/49 | JPY | 10,450,000 | 53,201 |
0.6% 12/20/33 | JPY | 301,400,000 | 1,971,345 |
0.6% 6/20/37 | JPY | 204,850,000 | 1,288,263 |
0.6% 12/20/37 | JPY | 6,700,000 | 41,823 |
0.6% 6/20/50 | JPY | 27,350,000 | 139,919 |
0.7% 3/20/37 | JPY | 22,050,000 | 140,925 |
0.7% 9/20/38 | JPY | 1,033,250,000 | 6,472,044 |
0.7% 6/20/48 | JPY | 13,100,000 | 71,038 |
0.7% 12/20/48 | JPY | 10,800,000 | 58,140 |
0.8% 9/20/33 | JPY | 83,150,000 | 555,470 |
0.8% 3/20/42 | JPY | 149,000,000 | 898,902 |
0.8% 9/20/47 | JPY | 10,200,000 | 57,162 |
0.9% 6/20/42 | JPY | 345,000,000 | 2,110,658 |
0.9% 9/20/48 | JPY | 249,150,000 | 1,413,265 |
0.9% 3/20/57 | JPY | 212,650,000 | 1,101,866 |
1% 12/20/35 | JPY | 647,550,000 | 4,342,452 |
1% 3/20/52 | JPY | 170,000,000 | 946,870 |
1.1% 9/20/42 | JPY | 219,650,000 | 1,386,967 |
1.1% 3/20/43 | JPY | 45,600,000 | 286,155 |
1.1% 6/20/43 | JPY | 110,150,000 | 688,878 |
1.2% 3/20/35 | JPY | 19,650,000 | 135,167 |
1.2% 6/20/53 | JPY | 98,900,000 | 575,982 |
1.3% 12/20/43 | JPY | 381,150,000 | 2,455,897 |
1.3% 6/20/52 | JPY | 232,000,000 | 1,391,341 |
1.3% 3/20/63 | JPY | 16,550,000 | 92,101 |
1.4% 12/20/42 | JPY | 193,650,000 | 1,281,764 |
1.4% 12/20/45 | JPY | 307,650,000 | 1,986,739 |
1.4% 9/20/52 | JPY | 52,050,000 | 319,411 |
1.4% 3/20/53 | JPY | 110,700,000 | 677,948 |
1.4% 3/20/55 | JPY | 5,500,000 | 33,326 |
1.5% 9/20/43 | JPY | 51,950,000 | 347,116 |
1.6% 6/20/30 | JPY | 4,600,000 | 32,600 |
1.6% 3/20/33 | JPY | 4,300,000 | 30,815 |
1.6% 12/20/52 | JPY | 170,150,000 | 1,094,128 |
1.6% 12/20/53 | JPY | 154,600,000 | 986,936 |
1.8% 9/20/53 | JPY | 32,000,000 | 214,583 |
1.9% 3/20/53 | JPY | 42,450,000 | 291,547 |
2% 3/20/42 | JPY | 110,000,000 | 802,045 |
2.3% 5/20/32 | JPY | 1,000,000 | 7,519 |
TOTAL JAPAN | 76,972,685 | ||
Korea (South) - 2.1% | |||
Korean Republic: | |||
1.125% 9/10/25 | KRW | 359,480,000 | 257,952 |
1.125% 9/10/39 | KRW | 321,370,000 | 173,751 |
1.25% 3/10/26 | KRW | 2,172,900,000 | 1,546,333 |
1.375% 12/10/29 | KRW | 41,420,000 | 27,568 |
1.375% 6/10/30 | KRW | 902,510,000 | 595,122 |
1.5% 12/10/26 | KRW | 32,000,000 | 22,603 |
1.5% 12/10/30 | KRW | 1,148,560,000 | 756,689 |
1.5% 9/10/40 | KRW | 2,069,710,000 | 1,171,198 |
1.875% 3/10/51 | KRW | 2,378,220,000 | 1,313,843 |
2% 6/10/31 | KRW | 1,103,570,000 | 746,728 |
2% 3/10/49 | KRW | 381,850,000 | 219,582 |
2.125% 6/10/27 | KRW | 1,520,000,000 | 1,085,716 |
2.125% 3/10/47 | KRW | 29,200,000 | 17,424 |
2.25% 6/10/25 | KRW | 150,000,000 | 109,668 |
2.375% 12/10/27 | KRW | 50,660,000 | 36,303 |
2.375% 12/10/28 | KRW | 514,930,000 | 365,660 |
2.375% 12/10/31 | KRW | 600,000,000 | 414,696 |
2.375% 9/10/38 | KRW | 415,730,000 | 272,604 |
2.5% 3/10/52 | KRW | 1,040,000,000 | 658,682 |
2.625% 6/10/28 | KRW | 940,310,000 | 677,550 |
2.625% 3/10/48 | KRW | 622,670,000 | 407,445 |
3.25% 3/10/28 | KRW | 1,690,020,000 | 1,248,588 |
3.25% 6/10/33 | KRW | 800,600,000 | 586,666 |
3.25% 9/10/42 | KRW | 1,205,650,000 | 877,220 |
3.25% 3/10/53 | KRW | 1,849,990,000 | 1,360,570 |
3.375% 6/10/32 | KRW | 838,210,000 | 620,887 |
3.625% 9/10/53 | KRW | 490,000,000 | 386,234 |
3.875% 9/10/43 | KRW | 52,860,000 | 41,910 |
TOTAL KOREA (SOUTH) | 15,999,192 | ||
Latvia - 0.1% | |||
Latvian Republic: | |||
1.125% 5/30/28 (Reg. S) | EUR | 330,000 | 327,849 |
1.375% 9/23/25 (Reg. S) | EUR | 100,000 | 104,851 |
TOTAL LATVIA | 432,700 | ||
Lithuania - 0.0% | |||
Lithuanian Republic: | |||
0.5% 6/19/29 (Reg. S) | EUR | 32,000 | 29,819 |
2.1% 5/26/47 (Reg. S) | EUR | 110,000 | 91,898 |
2.125% 10/22/35 (Reg. S) | EUR | 57,000 | 53,654 |
3.875% 6/14/33(Reg. S) | EUR | 90,000 | 100,100 |
TOTAL LITHUANIA | 275,471 | ||
Luxembourg - 0.1% | |||
Grand Duchy of Luxembourg: | |||
0% 4/28/25 (Reg. S) | EUR | 35,000 | 36,408 |
0% 11/13/26 (Reg. S) | EUR | 230,000 | 230,501 |
0% 9/14/32 (Reg. S) | EUR | 210,000 | 180,932 |
TOTAL LUXEMBOURG | 447,841 | ||
Malaysia - 0.7% | |||
Malaysian Government: | |||
3.519% 4/20/28 | MYR | 4,960,000 | 1,045,006 |
3.582% 7/15/32 | MYR | 2,240,000 | 464,565 |
3.757% 5/22/40 | MYR | 2,310,000 | 473,030 |
3.828% 7/5/34 | MYR | 420,000 | 88,428 |
3.899% 11/16/27 | MYR | 3,032,000 | 648,264 |
3.9% 11/30/26 | MYR | 2,999,000 | 641,715 |
3.906% 7/15/26 | MYR | 171,000 | 36,500 |
4.065% 6/15/50 | MYR | 2,823,000 | 583,245 |
4.119% 11/30/34 | MYR | 831,000 | 179,059 |
4.128% 8/15/25 | MYR | 405,000 | 86,498 |
4.504% 4/30/29 | MYR | 560,000 | 123,063 |
4.642% 11/7/33 | MYR | 2,170,000 | 486,881 |
4.696% 10/15/42 | MYR | 1,600,000 | 365,231 |
4.724% 6/15/33 | MYR | 2,083,000 | 468,576 |
4.736% 3/15/46 | MYR | 90,000 | 20,508 |
4.921% 7/6/48 | MYR | 50,000 | 11,744 |
4.935% 9/30/43 | MYR | 150,000 | 34,996 |
TOTAL MALAYSIA | 5,757,309 | ||
Mexico - 0.8% | |||
United Mexican States: | |||
1.125% 1/17/30 | EUR | 100,000 | 92,680 |
2.125% 10/25/51 | EUR | 100,000 | 64,428 |
2.25% 8/12/36 | EUR | 130,000 | 110,973 |
2.875% 4/8/39 | EUR | 185,000 | 160,980 |
5.5% 3/4/27 | MXN | 19,600,000 | 1,060,533 |
5.75% 3/5/26 | MXN | 26,769,000 | 1,489,697 |
7.5% 6/3/27 | MXN | 2,000,000 | 113,857 |
7.5% 5/26/33 | MXN | 10,860,000 | 582,723 |
7.75% 11/23/34 | MXN | 4,000,000 | 215,533 |
7.75% 11/13/42 | MXN | 14,660,000 | 750,108 |
8% 11/7/47 | MXN | 13,363,000 | 693,038 |
8.5% 5/31/29 | MXN | 10,000,000 | 583,100 |
TOTAL MEXICO | 5,917,650 | ||
Multi-National - 0.3% | |||
European Stability Mechanism 0.5% 3/5/29 (Reg. S) | EUR | 2,229,000 | 2,163,824 |
Netherlands - 1.2% | |||
Dutch Government: | |||
0% 1/15/27 (Reg. S) (d) | EUR | 1,052,000 | 1,055,592 |
0% 7/15/30 (Reg. S) (d) | EUR | 408,000 | 377,182 |
0% 1/15/52 (Reg. S) (d) | EUR | 575,000 | 306,100 |
0.25% 7/15/25 (d) | EUR | 91,000 | 94,650 |
0.25% 7/15/29(Reg. S) (d) | EUR | 1,336,000 | 1,283,675 |
0.5% 7/15/26(Reg. S) (d) | EUR | 714,000 | 732,443 |
0.5% 7/15/32 (Reg. S) (d) | EUR | 1,061,000 | 973,155 |
0.5% 1/15/40 (Reg. S) (d) | EUR | 1,722,000 | 1,341,581 |
0.75% 7/15/27 (Reg. S) (d) | EUR | 866,000 | 881,353 |
0.75% 7/15/28 (d) | EUR | 740,000 | 741,915 |
2% 1/15/54(Reg. S) (d) | EUR | 250,000 | 233,895 |
2.5% 1/15/33 (d) | EUR | 80,000 | 86,125 |
2.5% 7/15/33(Reg. S) (d) | EUR | 540,000 | 579,862 |
3.75% 1/15/42 (d) | EUR | 320,000 | 396,317 |
4% 1/15/37 (d) | EUR | 30,000 | 37,024 |
TOTAL NETHERLANDS | 9,120,869 | ||
New Zealand - 0.3% | |||
New Zealand Government: | |||
0.5% 5/15/26 | NZD | 1,590,000 | 872,097 |
1.5% 5/15/31 | NZD | 2,032,000 | 997,049 |
1.75% 5/15/41 | NZD | 582,000 | 222,302 |
2.75% 4/15/25 | NZD | 485,000 | 282,722 |
2.75% 4/15/37 (Reg. S) | NZD | 410,000 | 197,561 |
New Zealand Local Government Funding Agency 5.1% 11/28/30 | AUD | 50,000 | 33,506 |
TOTAL NEW ZEALAND | 2,605,237 | ||
Norway - 0.3% | |||
Kingdom of Norway: | |||
1.5% 2/19/26 (Reg. S) (d) | NOK | 9,430,000 | 831,727 |
1.75% 3/13/25 (Reg. S) (d) | NOK | 7,640,000 | 687,298 |
1.75% 2/17/27 (Reg. S) (d) | NOK | 8,340,000 | 728,410 |
3% 8/15/33(Reg. S) (d) | NOK | 2,060,000 | 180,932 |
TOTAL NORWAY | 2,428,367 | ||
Peru - 0.2% | |||
Peruvian Republic: | |||
5.4% 8/12/34(Reg. S) | PEN | 550,000 | 127,408 |
5.94% 2/12/29 | PEN | 956,000 | 255,580 |
6.15% 8/12/32 | PEN | 2,364,000 | 596,192 |
6.7142% 2/12/55 | PEN | 500,000 | 124,049 |
TOTAL PERU | 1,103,229 | ||
Poland - 0.5% | |||
Polish Government: | |||
0% 2/10/25 (Reg. S) | EUR | 41,000 | 42,882 |
0.75% 4/25/25 | PLN | 830,000 | 198,501 |
1% 3/7/29 (Reg. S) | EUR | 309,000 | 304,912 |
1.25% 10/25/30 | PLN | 396,000 | 77,102 |
1.75% 4/25/32 | PLN | 3,150,000 | 603,250 |
2% 3/8/49 (Reg. S) | EUR | 17,000 | 12,934 |
2.5% 7/25/27 | PLN | 3,047,000 | 701,063 |
2.75% 10/25/29 | PLN | 2,390,000 | 526,323 |
3.25% 7/25/25 | PLN | 3,810,000 | 930,938 |
3.875% 2/14/33 (Reg. S) | EUR | 220,000 | 244,731 |
4% 4/25/47 | PLN | 96,000 | 19,203 |
5.75% 4/25/29 | PLN | 1,320,000 | 335,339 |
TOTAL POLAND | 3,997,178 | ||
Portugal - 0.5% | |||
Portugal Obrigacoes Do Tesouro: | |||
0.475% 10/18/30 (Reg. S) (d) | EUR | 258,000 | 242,579 |
0.7% 10/15/27 (Reg. S) (d) | EUR | 350,000 | 354,459 |
0.9% 10/12/35 (Reg. S) (d) | EUR | 734,000 | 627,712 |
1% 4/12/52 (Reg. S) (d) | EUR | 220,000 | 134,009 |
1.65% 7/16/32 (Reg. S) (d) | EUR | 3,000 | 2,965 |
1.95% 6/15/29 (Reg. S) (d) | EUR | 458,000 | 478,634 |
2.875% 10/15/25 (Reg. S) (d) | EUR | 22,000 | 23,664 |
2.875% 7/21/26(Reg. S) (d) | EUR | 33,000 | 35,669 |
2.875% 10/20/34(Reg. S) (d) | EUR | 390,000 | 415,627 |
3.875% 2/15/30(Reg. S) (d) | EUR | 760,000 | 876,142 |
4.125% 4/14/27 (Reg. S) (d) | EUR | 524,000 | 590,146 |
Portuguese Republic 2.25% 4/18/34 (d) | EUR | 260,000 | 264,036 |
Republic of Portugal 2.125% 10/17/28 (d) | EUR | 70,000 | 74,241 |
TOTAL PORTUGAL | 4,119,883 | ||
Romania - 0.4% | |||
Romanian Republic: | |||
1.375% 12/2/29(Reg. S) | EUR | 567,000 | 509,438 |
2.125% 3/7/28(Reg. S) | EUR | 470,000 | 466,178 |
2.5% 10/25/27 | RON | 2,330,000 | 447,356 |
2.875% 5/26/28 (Reg. S) | EUR | 32,000 | 32,570 |
2.875% 4/13/42(Reg. S) | EUR | 60,000 | 44,300 |
3.375% 1/28/50 (Reg. S) | EUR | 54,000 | 41,108 |
3.5% 11/25/25 | RON | 4,230,000 | 884,136 |
3.75% 2/7/34(Reg. S) | EUR | 110,000 | 104,396 |
4.125% 3/11/39 | EUR | 145,000 | 133,325 |
4.85% 7/25/29 | RON | 1,570,000 | 317,977 |
7.2% 10/30/33 | RON | 1,360,000 | 309,011 |
TOTAL ROMANIA | 3,289,795 | ||
Russia - 0.0% | |||
Ministry of Finance of the Russian Federation 7.6% (g)(h)(i) | RUB | 4,237,000 | 0 |
Saudi Arabia - 0.0% | |||
Kingdom of Saudi Arabia 2% 7/9/39 (Reg. S) | EUR | 163,000 | 134,747 |
Singapore - 0.4% | |||
Republic of Singapore: | |||
, yield at date of purchase 2.3106% to 2.7941% 10/1/51 | SGD | 330,000 | 193,161 |
1.625% 7/1/31 | SGD | 520,000 | 348,483 |
2.125% 6/1/26 | SGD | 271,000 | 195,516 |
2.25% 8/1/36 | SGD | 768,000 | 519,895 |
2.375% 7/1/39 | SGD | 325,000 | 220,025 |
2.625% 5/1/28 | SGD | 1,016,000 | 737,309 |
2.625% 8/1/32 | SGD | 310,000 | 221,672 |
2.75% 4/1/42 | SGD | 260,000 | 184,729 |
2.75% 3/1/46 | SGD | 20,000 | 14,131 |
3% 8/1/72(Reg. S) | SGD | 80,000 | 58,966 |
TOTAL SINGAPORE | 2,693,887 | ||
Slovakia - 0.2% | |||
Slovakia Republic: | |||
0.125% 6/17/27 (Reg. S) | EUR | 288,000 | 282,587 |
0.25% 5/14/25 (Reg. S) | EUR | 84,000 | 87,153 |
0.75% 4/9/30 (Reg. S) | EUR | 400,000 | 374,792 |
1% 10/9/30 (Reg. S) | EUR | 110,000 | 103,061 |
1% 10/13/51 (Reg. S) | EUR | 160,000 | 92,267 |
1.625% 1/21/31 (Reg. S) | EUR | 348,000 | 336,841 |
1.875% 3/9/37 (Reg. S) | EUR | 185,000 | 162,270 |
TOTAL SLOVAKIA | 1,438,971 | ||
Slovenia - 0.1% | |||
Republic of Slovenia: | |||
0.125% 7/1/31(Reg. S) | EUR | 288,000 | 255,286 |
1.1875% 3/14/29 (Reg. S) | EUR | 110,000 | 109,995 |
1.25% 3/22/27 (Reg. S) | EUR | 84,000 | 86,503 |
1.75% 11/3/40 (Reg. S) | EUR | 89,000 | 77,984 |
2.125% 7/28/25 (Reg. S) | EUR | 64,000 | 67,957 |
2.25% 3/3/32 (Reg. S) | EUR | 230,000 | 236,380 |
3.625% 3/11/33(Reg. S) | EUR | 110,000 | 124,400 |
TOTAL SLOVENIA | 958,505 | ||
Spain - 3.7% | |||
Basque Country 1.45% 4/30/28 (Reg. S) | EUR | 260,000 | 263,738 |
Comunidad de Madrid 0.827% 7/30/27 (Reg. S) | EUR | 50,000 | 50,139 |
Regional Government of Andalusia (Junta de Andalucia) 0.5% 4/30/31 (Reg. S) | EUR | 180,000 | 160,695 |
Spanish Kingdom: | |||
0% 5/31/24 | EUR | 4,000 | 4,287 |
0% 5/31/25 | EUR | 920,000 | 955,191 |
0% 1/31/26 | EUR | 3,427,000 | 3,498,434 |
0% 1/31/27 | EUR | 880,000 | 875,241 |
0% 1/31/28 | EUR | 680,000 | 659,156 |
0.1% 4/30/31 (d) | EUR | 1,090,000 | 967,385 |
0.5% 4/30/30 (Reg. S) (d) | EUR | 143,000 | 134,235 |
0.5% 10/31/31 (Reg. S) (d) | EUR | 976,000 | 880,292 |
0.6% 10/31/29 (Reg. S) (d) | EUR | 574,000 | 548,669 |
0.7% 4/30/32 (Reg. S) (d) | EUR | 140,000 | 126,571 |
0.8% 7/30/27 (Reg. S) (d) | EUR | 1,203,000 | 1,213,833 |
0.85% 7/30/37 (Reg. S) (d) | EUR | 1,098,000 | 865,926 |
1% 7/30/42(Reg. S) (d) | EUR | 171,000 | 122,091 |
1% 10/31/50 (Reg. S) (d) | EUR | 1,856,000 | 1,111,102 |
1.2% 10/31/40 (Reg. S) (d) | EUR | 2,179,000 | 1,669,454 |
1.25% 10/31/30 (Reg. S) (d) | EUR | 1,376,000 | 1,340,071 |
1.3% 10/31/26 (d) | EUR | 150,000 | 155,365 |
1.4% 4/30/28 (Reg. S) (d) | EUR | 100,000 | 102,024 |
1.45% 10/31/27 (d) | EUR | 100,000 | 102,842 |
1.45% 4/30/29 (Reg. S) (d) | EUR | 2,226,000 | 2,248,769 |
1.5% 4/30/27 (Reg. S) (d) | EUR | 157,000 | 162,581 |
1.6% 4/30/25 (d) | EUR | 243,000 | 257,311 |
1.85% 7/30/35 (Reg. S) (d) | EUR | 480,000 | 450,838 |
1.9% 10/31/52 (Reg. S) (d) | EUR | 960,000 | 709,115 |
1.95% 4/30/26 (Reg. S) (d) | EUR | 2,222,000 | 2,346,144 |
1.95% 7/30/30 (Reg. S) (d) | EUR | 26,000 | 26,583 |
2.15% 10/31/25 (Reg. S) (d) | EUR | 44,000 | 46,767 |
2.35% 7/30/33 (Reg. S) (d) | EUR | 292,000 | 296,810 |
2.55% 10/31/32(Reg. S) (d) | EUR | 2,490,000 | 2,592,503 |
2.7% 10/31/48 (d) | EUR | 189,000 | 172,816 |
2.8% 5/31/26 | EUR | 530,000 | 569,009 |
3.15% 4/30/33 (Reg. S) (d) | EUR | 510,000 | 553,898 |
3.25% 4/30/34(Reg. S) (d) | EUR | 270,000 | 293,614 |
3.45% 7/30/43(Reg. S) (d) | EUR | 1,120,000 | 1,179,346 |
3.5% 5/31/29(Reg. S) | EUR | 530,000 | 589,788 |
3.55% 10/31/33(Reg. S) (d) | EUR | 290,000 | 324,135 |
5.15% 10/31/28 (d) | EUR | 80,000 | 94,877 |
TOTAL SPAIN | 28,721,645 | ||
Sweden - 0.3% | |||
Sweden Kingdom: | |||
0.125% 5/12/31 (Reg. S) | SEK | 3,600,000 | 287,902 |
0.5% 11/24/45 | SEK | 2,680,000 | 166,311 |
0.75% 5/12/28 | SEK | 19,210,000 | 1,676,611 |
1.375% 6/23/71 | SEK | 580,000 | 34,341 |
1.75% 11/11/33(Reg. S) | SEK | 2,500,000 | 221,044 |
3.5% 3/30/39 | SEK | 760,000 | 79,414 |
TOTAL SWEDEN | 2,465,623 | ||
Switzerland - 0.6% | |||
Switzerland Confederation: | |||
0% 6/22/29 (Reg. S) | CHF | 492,000 | 525,278 |
0% 6/26/34 (Reg. S) | CHF | 194,000 | 200,550 |
0% 7/24/39 (Reg. S) | CHF | 273,000 | 273,634 |
0.5% 5/24/55(Reg. S) | CHF | 180,000 | 190,296 |
1.25% 5/28/26 | CHF | 1,625,000 | 1,815,185 |
1.25% 6/28/43(Reg. S) | CHF | 150,000 | 184,369 |
1.5% 4/30/42 | CHF | 200,000 | 253,356 |
3.5% 4/8/33 | CHF | 1,085,000 | 1,499,512 |
TOTAL SWITZERLAND | 4,942,180 | ||
Thailand - 0.8% | |||
Kingdom of Thailand: | |||
0.95% 6/17/25 | THB | 36,870,000 | 993,478 |
1.45% 12/17/24 | THB | 5,595,000 | 152,473 |
1.6% 12/17/29 | THB | 12,408,000 | 326,854 |
1.6% 6/17/35 | THB | 14,678,000 | 363,911 |
2% 6/17/42 | THB | 7,800,000 | 187,897 |
2.125% 12/17/26 | THB | 69,582,000 | 1,900,483 |
2.5% 6/17/71 | THB | 6,480,000 | 132,425 |
2.75% 6/17/52 | THB | 21,057,000 | 529,168 |
2.875% 6/17/46 | THB | 9,832,000 | 259,455 |
3.3% 6/17/38 | THB | 13,193,000 | 383,671 |
3.4% 6/17/36 | THB | 3,260,000 | 96,137 |
3.65% 6/20/31 | THB | 6,884,000 | 204,236 |
3.775% 6/25/32 | THB | 13,170,000 | 396,544 |
3.85% 12/12/25 | THB | 1,091,000 | 30,699 |
4.85% 6/17/61 | THB | 1,660,000 | 57,341 |
TOTAL THAILAND | 6,014,772 | ||
United Kingdom - 2.6% | |||
United Kingdom, Great Britain and Northern Ireland: | |||
0.25% 7/31/31 (Reg. S) | GBP | 2,127,000 | 2,081,498 |
0.375% 10/22/30 (Reg. S) | GBP | 777,000 | 789,651 |
0.5% 1/31/29(Reg. S) | GBP | 582,000 | 627,712 |
0.625% 7/31/35 (Reg. S) | GBP | 2,162,000 | 1,896,767 |
0.625% 10/22/50 (Reg. S) | GBP | 1,885,000 | 991,655 |
0.875% 1/31/46 (Reg. S) | GBP | 665,000 | 429,233 |
1.125% 10/22/73(Reg. S) | GBP | 1,180,000 | 566,856 |
1.25% 7/22/27 | GBP | 42,000 | 48,660 |
1.25% 10/22/41 (Reg. S) | GBP | 4,399,076 | 3,480,733 |
1.25% 7/31/51(Reg. S) | GBP | 2,070,000 | 1,319,127 |
1.5% 7/22/47 | GBP | 195,000 | 142,930 |
1.625% 10/22/54 (Reg. S) | GBP | 409,000 | 279,275 |
1.75% 9/7/37 (Reg. S) | GBP | 7,000 | 6,686 |
1.75% 1/22/49(Reg. S) | GBP | 742,000 | 565,843 |
1.75% 7/22/57 (Reg. S) | GBP | 1,444,000 | 1,000,398 |
3.25% 1/31/33(Reg. S) | GBP | 2,090,000 | 2,515,915 |
3.75% 10/22/53(Reg. S) | GBP | 1,670,000 | 1,879,930 |
4.25% 9/7/39 | GBP | 13,000 | 16,424 |
4.25% 12/7/40 | GBP | 19,000 | 23,870 |
4.25% 12/7/55 | GBP | 30,000 | 36,910 |
4.5% 6/7/28(Reg. S) | GBP | 40,000 | 51,587 |
4.5% 12/7/42 | GBP | 920,000 | 1,184,866 |
4.625% 1/31/34(Reg. S) | GBP | 150,000 | 199,950 |
TOTAL UNITED KINGDOM | 20,136,476 | ||
TOTAL GOVERNMENT OBLIGATIONS (Cost $617,493,240) | 546,324,552 | ||
Supranational Obligations - 3.6% | |||
Principal Amount (a) | Value ($) | ||
African Development Bank: | |||
0.125% 10/7/26 | EUR | 41,000 | 41,202 |
0.875% 5/24/28 | EUR | 87,000 | 86,858 |
1.1% 12/16/26 | AUD | 260,000 | 155,915 |
1.125% 6/18/25 (Reg. S) | GBP | 80,000 | 96,570 |
Agence Francaise de Developpement 0.125% 9/29/31 | EUR | 200,000 | 173,414 |
Asian Development Bank: | |||
1.125% 12/15/25 | GBP | 32,000 | 38,078 |
1.375% 3/7/25 | GBP | 25,000 | 30,530 |
1.625% 1/28/25 | CAD | 290,000 | 208,503 |
3.3% 8/8/28 (Reg. S) | AUD | 55,000 | 34,536 |
3.7% 6/17/25 | AUD | 430,000 | 278,131 |
3.875% 7/22/27 | GBP | 310,000 | 387,193 |
4.65% 2/16/27 | CAD | 700,000 | 525,169 |
Corporacion Andina de Fomento 1.625% 6/3/25 (Reg. S) | EUR | 198,000 | 207,840 |
Council of Europe Development Bank 0% 4/9/27 (Reg. S) | EUR | 33,000 | 32,695 |
European Financial Stability Facility: | |||
0% 10/13/27 (Reg. S) | EUR | 85,000 | 83,171 |
0.05% 10/17/29 (Reg. S) | EUR | 23,000 | 21,447 |
0.05% 1/18/52 (Reg. S) | EUR | 225,000 | 107,806 |
0.625% 10/16/26 (Reg. S) | EUR | 466,000 | 474,967 |
0.7% 1/20/50 (Reg. S) | EUR | 176,000 | 111,690 |
0.75% 5/3/27 (Reg. S) | EUR | 43,000 | 43,626 |
0.875% 4/10/35 (Reg. S) | EUR | 610,000 | 535,307 |
1.25% 5/24/33 (Reg. S) | EUR | 299,000 | 283,454 |
1.45% 9/5/40 (Reg. S) | EUR | 1,125,000 | 969,567 |
European Investment Bank: | |||
0% 6/17/27 | EUR | 215,000 | 212,401 |
0% 9/9/30 (Reg. S) | EUR | 109,000 | 99,042 |
0.01% 5/15/41 (Reg. S) | EUR | 330,000 | 215,780 |
0.05% 11/15/29 (Reg. S) | EUR | 2,750,000 | 2,565,507 |
0.05% 10/13/34 (Reg. S) | EUR | 1,627,000 | 1,320,532 |
0.125% 6/20/29 (Reg. S) | EUR | 578,000 | 546,657 |
0.375% 7/16/25 | EUR | 577,000 | 600,712 |
0.375% 4/14/26 (Reg. S) | EUR | 413,000 | 423,068 |
0.75% 7/15/27 | AUD | 340,000 | 198,693 |
1% 9/21/26 (Reg. S) | GBP | 226,000 | 263,158 |
1% 4/14/32 | EUR | 736,000 | 698,829 |
1.125% 4/13/33 (Reg. S) | EUR | 265,000 | 249,395 |
1.375% 3/7/25 (Reg. S) | GBP | 504,000 | 615,682 |
1.75% 7/30/24 (Reg. S) | CAD | 69,000 | 50,436 |
1.75% 11/12/26 (Reg. S) | SEK | 240,000 | 21,619 |
3.625% 1/12/32 (Reg. S) | GBP | 550,000 | 679,079 |
European Stability Mechanism: | |||
0.01% 3/4/30 | EUR | 35,000 | 32,290 |
0.75% 3/15/27 | EUR | 184,000 | 186,967 |
0.75% 9/5/28 (Reg. S) | EUR | 48,000 | 47,564 |
0.875% 7/18/42 (Reg. S) | EUR | 266,000 | 199,077 |
1.125% 5/3/32 (Reg. S) | EUR | 47,000 | 44,971 |
1.2% 5/23/33 (Reg. S) | EUR | 37,000 | 35,112 |
1.625% 11/17/36 (Reg. S) | EUR | 218,000 | 203,857 |
1.85% 12/1/55 (Reg. S) | EUR | 186,000 | 150,064 |
European Union: | |||
0% 11/4/25 (Reg. S) | EUR | 1,426,000 | 1,465,278 |
0% 10/4/30 (Reg. S) | EUR | 169,000 | 153,648 |
0% 7/4/35 (Reg. S) | EUR | 1,357,000 | 1,064,825 |
0.1% 10/4/40 (Reg. S) | EUR | 946,000 | 639,330 |
0.3% 11/4/50 (Reg. S) | EUR | 562,000 | 307,612 |
0.45% 7/4/41 (Reg. S) | EUR | 162,000 | 112,886 |
0.45% 5/2/46 (Reg. S) | EUR | 170,000 | 107,650 |
0.8% 7/4/25 (Reg. S) | EUR | 1,760,000 | 1,843,115 |
0.875% 3/11/37 (Reg. S) | EUR | 100,000 | 83,779 |
1.125% 4/4/36 (Reg. S) | EUR | 94,000 | 83,600 |
1.25% 4/4/33 (Reg. S) | EUR | 1,418,000 | 1,351,360 |
1.25% 2/4/43 (Reg. S) | EUR | 172,000 | 136,395 |
2% 10/4/27 (Reg. S) | EUR | 860,000 | 904,211 |
2.5% 10/4/52 (Reg. S) | EUR | 380,000 | 353,211 |
3% 3/4/53 (Reg. S) | EUR | 840,000 | 862,969 |
Inter-American Development Bank: | |||
1.25% 12/15/25 | GBP | 308,000 | 367,156 |
1.7% 10/10/24 | CAD | 100,000 | 72,650 |
3.15% 6/26/29 | AUD | 120,000 | 73,997 |
3.875% 2/15/29 | GBP | 130,000 | 162,557 |
International Bank for Reconstruction & Development: | |||
0% 1/15/27 | EUR | 1,828,000 | 1,823,044 |
0.01% 4/24/28 | EUR | 687,000 | 664,017 |
1% 12/21/29 | GBP | 248,000 | 265,742 |
1.2% 8/8/34 | EUR | 23,000 | 21,271 |
1.25% 12/13/28 | GBP | 100,000 | 111,473 |
1.8% 7/26/24 | CAD | 7,000 | 5,124 |
3.3% 8/14/28 | AUD | 210,000 | 132,078 |
International Development Association: | |||
0.7% 1/17/42 (Reg. S) | EUR | 207,000 | 150,187 |
4.75% 10/14/31 (Reg. S) | GBP | 230,000 | 302,822 |
International Finance Corp. 3.15% 6/26/29 (Reg. S) | AUD | 90,000 | 55,503 |
TOTAL SUPRANATIONAL OBLIGATIONS (Cost $33,065,472) | 28,265,651 | ||
Preferred Securities - 0.3% | |||
Principal Amount (a) | Value ($) | ||
France - 0.2% | |||
Engie SA: | |||
1.5% (Reg. S) (b)(j) | EUR | 300,000 | 286,432 |
1.625% (Reg. S) (b)(j) | EUR | 600,000 | 624,641 |
TotalEnergies SE 2.125% (Reg. S) (b)(j) | EUR | 160,000 | 141,191 |
Veolia Environnement SA 1.625% (Reg. S) (b)(j) | EUR | 100,000 | 100,009 |
TOTAL FRANCE | 1,152,273 | ||
Germany - 0.0% | |||
Aroundtown SA 3.375% (Reg. S) (b)(j) | EUR | 100,000 | 64,084 |
Italy - 0.0% | |||
Enel SpA 1.375% (Reg. S) (b)(j) | EUR | 150,000 | 143,782 |
Eni SpA 3.375% (Reg. S) (b)(j) | EUR | 110,000 | 109,920 |
TOTAL ITALY | 253,702 | ||
Spain - 0.1% | |||
Iberdrola Finanzas SAU 1.575% (Reg. S) (b)(j) | EUR | 100,000 | 97,063 |
Iberdrola International BV: | |||
1.825% (Reg. S) (b)(j) | EUR | 100,000 | 92,351 |
3.25% (Reg. S) (b)(j) | EUR | 100,000 | 106,592 |
Repsol International Finance BV 4.247% (b)(j) | EUR | 100,000 | 105,997 |
TOTAL SPAIN | 402,003 | ||
United Kingdom - 0.0% | |||
SSE PLC 3.74% (Reg. S) (b)(j) | GBP | 216,000 | 259,334 |
TOTAL PREFERRED SECURITIES (Cost $2,024,380) | 2,131,396 | ||
Money Market Funds - 0.4% | |||
Shares | Value ($) | ||
Fidelity Cash Central Fund 5.39% (k) (Cost $3,276,701) | 3,276,046 | 3,276,701 | |
TOTAL INVESTMENT IN SECURITIES - 99.7% (Cost $868,886,301) | 774,919,261 |
NET OTHER ASSETS (LIABILITIES) - 0.3% | 2,262,720 |
NET ASSETS - 100.0% | 777,181,981 |
Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
Purchased | |||||
Bond Index Contracts | |||||
Eurex Euro-Bobl Contracts (Germany) | 23 | Jun 2024 | 2,934,202 | 16,810 | 16,810 |
ICE Long Gilt Contracts (United Kingdom) | 12 | Jun 2024 | 1,513,671 | 38,836 | 38,836 |
TOTAL FUTURES CONTRACTS | 55,646 | ||||
The notional amount of futures purchased as a percentage of Net Assets is 0.6% |
Forward Foreign Currency Contracts | ||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation/ (Depreciation) ($) | ||
USD | 1,454,252 | JPY | 220,143,166 | Bank of America, N.A. | 4/01/24 | 10 |
AUD | 35,582,220 | USD | 23,231,631 | BNP Paribas S.A. | 4/02/24 | (44,478) |
AUD | 97,000 | USD | 63,268 | JPMorgan Chase Bank, N.A. | 4/02/24 | (58) |
CAD | 1,286,000 | USD | 946,615 | Bank of America, N.A. | 4/02/24 | 2,778 |
CAD | 54,081,586 | USD | 39,803,920 | Royal Bank of Canada | 4/02/24 | 121,949 |
CHF | 7,791,000 | USD | 8,599,338 | HSBC Bank | 4/02/24 | 39,571 |
CLP | 679,122,000 | USD | 691,775 | State Street Bank and Trust Co | 4/02/24 | 1,370 |
CLP | 679,122,000 | USD | 692,770 | State Street Bank and Trust Co | 4/02/24 | 375 |
CNH | 958,082,000 | USD | 132,194,826 | Bank of America, N.A. | 4/02/24 | (269,403) |
CNH | 131,123,000 | USD | 18,095,166 | JPMorgan Chase Bank, N.A. | 4/02/24 | (39,867) |
CNY | 2,750,712 | USD | 378,894 | Citibank, N. A. | 4/02/24 | 1,722 |
COP | 7,684,400,000 | USD | 1,999,948 | State Street Bank and Trust Co | 4/02/24 | (11,875) |
COP | 7,684,400,000 | USD | 1,982,559 | State Street Bank and Trust Co | 4/02/24 | 5,514 |
CZK | 40,340,000 | USD | 1,722,097 | BNP Paribas S.A. | 4/02/24 | (2,142) |
CZK | 178,000 | USD | 7,630 | Brown Brothers Harriman & Co | 4/02/24 | (41) |
CZK | 19,151,000 | USD | 816,536 | State Street Bank and Trust Co | 4/02/24 | (5) |
DKK | 15,055,000 | USD | 2,185,051 | Bank of America, N.A. | 4/02/24 | (7,538) |
EUR | 1,693,000 | USD | 1,844,591 | JPMorgan Chase Bank, N.A. | 4/02/24 | (18,098) |
EUR | 330,827,000 | USD | 357,829,100 | State Street Bank and Trust Co | 4/02/24 | (916,392) |
GBP | 819,000 | USD | 1,033,755 | Citibank, N. A. | 4/02/24 | (55) |
GBP | 41,230,000 | USD | 52,040,506 | HSBC Bank | 4/02/24 | (2,062) |
HKD | 842,954 | USD | 107,755 | Goldman Sachs Bank USA | 4/02/24 | (55) |
HUF | 422,737,000 | USD | 1,156,555 | HSBC Bank | 4/02/24 | 1,570 |
IDR | 95,459,000,000 | USD | 6,013,923 | BNP Paribas S.A. | 4/02/24 | 6,828 |
IDR | 95,459,000,000 | USD | 6,039,798 | JPMorgan Chase Bank, N.A. | 4/02/24 | (19,047) |
ILS | 5,687,030 | USD | 1,551,407 | Goldman Sachs Bank USA | 4/02/24 | (4,695) |
JPY | 12,220,058,353 | USD | 80,820,492 | JPMorgan Chase Bank, N.A. | 4/02/24 | (96,100) |
KRW | 21,446,800,000 | USD | 15,917,174 | BNP Paribas S.A. | 4/02/24 | (27,360) |
KRW | 21,446,800,000 | USD | 15,975,270 | Bank of America, N.A. | 4/02/24 | (85,456) |
MXN | 1,672,000 | USD | 99,124 | Canadian Imperial Bk. of Comm. | 4/02/24 | 1,450 |
MXN | 89,763,000 | USD | 5,405,912 | Royal Bank of Canada | 4/02/24 | (6,471) |
MYR | 27,267,000 | USD | 5,762,622 | Goldman Sachs Bank USA | 4/02/24 | (1,583) |
MYR | 27,267,000 | USD | 5,783,033 | Goldman Sachs Bank USA | 4/02/24 | (21,993) |
NOK | 616,000 | USD | 57,681 | Bank of America, N.A. | 4/02/24 | (941) |
NOK | 26,321,000 | USD | 2,441,764 | Bank of America, N.A. | 4/02/24 | (17,318) |
NZD | 4,329,000 | USD | 2,601,729 | Bank of America, N.A. | 4/02/24 | (15,368) |
PEN | 4,316,000 | USD | 1,160,933 | State Street Bank and Trust Co | 4/02/24 | (624) |
PEN | 4,316,000 | USD | 1,164,598 | State Street Bank and Trust Co | 4/02/24 | (4,289) |
PLN | 14,026,000 | USD | 3,514,196 | JPMorgan Chase Bank, N.A. | 4/02/24 | (2,692) |
RON | 9,246,000 | USD | 2,011,453 | Goldman Sachs Bank USA | 4/02/24 | (4,246) |
SEK | 5,526,000 | USD | 533,272 | Brown Brothers Harriman & Co | 4/02/24 | (17,017) |
SEK | 61,345,000 | USD | 5,782,900 | State Street Bank and Trust Co | 4/02/24 | (51,865) |
SGD | 3,630,706 | USD | 2,693,522 | BNP Paribas S.A. | 4/02/24 | (4,608) |
THB | 216,863,000 | USD | 5,972,542 | JPMorgan Chase Bank, N.A. | 4/02/24 | (26,203) |
USD | 311,557 | AUD | 479,000 | HSBC Bank | 4/02/24 | (583) |
USD | 22,866,006 | AUD | 35,201,000 | State Street Bank and Trust Co | 4/02/24 | (72,725) |
USD | 2,166,176 | CAD | 2,932,000 | Bank of America, N.A. | 4/02/24 | 1,619 |
USD | 1,329,685 | CAD | 1,802,000 | JPMorgan Chase Bank, N.A. | 4/02/24 | (646) |
USD | 37,342,104 | CAD | 50,640,000 | Royal Bank of Canada | 4/02/24 | (43,006) |
USD | 175,994 | CHF | 155,000 | Canadian Imperial Bk. of Comm. | 4/02/24 | 4,126 |
USD | 8,702,748 | CHF | 7,636,000 | HSBC Bank | 4/02/24 | 235,708 |
USD | 693,335 | CLP | 679,122,000 | State Street Bank and Trust Co | 4/02/24 | 191 |
USD | 691,775 | CLP | 679,122,000 | State Street Bank and Trust Co | 4/02/24 | (1,370) |
USD | 132,964,451 | CNH | 958,082,000 | Bank of America, N.A. | 4/02/24 | 1,039,028 |
USD | 9,792,539 | CNH | 70,543,000 | JPMorgan Chase Bank, N.A. | 4/02/24 | 78,949 |
USD | 8,416,015 | CNH | 60,580,000 | JPMorgan Chase Bank, N.A. | 4/02/24 | 74,305 |
USD | 967,063 | CNY | 7,026,923 | Citibank, N. A. | 4/02/24 | (5,252) |
USD | 1,222,496 | CNY | 8,883,088 | Citibank, N. A. | 4/02/24 | (6,656) |
USD | 999,590 | CNY | 7,263,052 | Citibank, N. A. | 4/02/24 | (5,399) |
USD | 1,999,948 | COP | 7,684,400,000 | State Street Bank and Trust Co | 4/02/24 | 11,875 |
USD | 1,941,338 | COP | 7,684,400,000 | State Street Bank and Trust Co | 4/02/24 | (46,735) |
USD | 2,549,596 | CZK | 59,669,000 | Goldman Sachs Bank USA | 4/02/24 | 5,520 |
USD | 2,190,487 | DKK | 15,055,000 | Bank of America, N.A. | 4/02/24 | 12,974 |
USD | 355,202,778 | EUR | 327,438,000 | Bank of America, N.A. | 4/02/24 | 1,946,293 |
USD | 3,114,862 | EUR | 2,879,000 | Bank of America, N.A. | 4/02/24 | 8,853 |
USD | 322,561 | EUR | 299,000 | Bank of America, N.A. | 4/02/24 | (16) |
USD | 1,170,713 | EUR | 1,079,000 | JPMorgan Chase Bank, N.A. | 4/02/24 | 6,634 |
USD | 165,222 | EUR | 152,000 | JPMorgan Chase Bank, N.A. | 4/02/24 | 1,237 |
USD | 1,414,190 | EUR | 1,301,000 | State Street Bank and Trust Co | 4/02/24 | 10,606 |
USD | 52,515,782 | GBP | 41,495,000 | BNP Paribas S.A. | 4/02/24 | 142,868 |
USD | 596,677 | GBP | 469,000 | Bank of America, N.A. | 4/02/24 | 4,728 |
USD | 125,742 | GBP | 99,000 | State Street Bank and Trust Co | 4/02/24 | 789 |
USD | 107,798 | HKD | 843,000 | State Street Bank and Trust Co | 4/02/24 | 93 |
USD | 1,175,653 | HUF | 427,777,000 | Goldman Sachs Bank USA | 4/02/24 | 3,720 |
USD | 6,067,939 | IDR | 95,459,000,000 | BNP Paribas S.A. | 4/02/24 | 47,189 |
USD | 6,013,923 | IDR | 95,459,000,000 | JPMorgan Chase Bank, N.A. | 4/02/24 | (6,828) |
USD | 1,595,683 | ILS | 5,723,000 | Citibank, N. A. | 4/02/24 | 39,188 |
USD | 2,041,232 | JPY | 304,650,000 | BNP Paribas S.A. | 4/02/24 | 28,747 |
USD | 270,256 | JPY | 40,500,000 | Canadian Imperial Bk. of Comm. | 4/02/24 | 2,718 |
USD | 79,240,890 | JPY | 11,891,300,000 | JPMorgan Chase Bank, N.A. | 4/02/24 | 688,241 |
USD | 16,130,871 | KRW | 21,446,800,000 | BNP Paribas S.A. | 4/02/24 | 241,057 |
USD | 15,917,174 | KRW | 21,446,800,000 | Bank of America, N.A. | 4/02/24 | 27,360 |
USD | 5,319,269 | MXN | 91,435,000 | State Street Bank and Trust Co | 4/02/24 | (180,746) |
USD | 5,719,950 | MYR | 27,267,000 | Goldman Sachs Bank USA | 4/02/24 | (41,090) |
USD | 5,762,622 | MYR | 27,267,000 | Goldman Sachs Bank USA | 4/02/24 | 1,583 |
USD | 2,549,056 | NOK | 26,937,000 | State Street Bank and Trust Co | 4/02/24 | 67,870 |
USD | 1,756,087 | NZD | 2,887,000 | State Street Bank and Trust Co | 4/02/24 | 31,249 |
USD | 873,573 | NZD | 1,435,000 | State Street Bank and Trust Co | 4/02/24 | 16,233 |
USD | 1,160,933 | PEN | 4,316,000 | State Street Bank and Trust Co | 4/02/24 | 624 |
USD | 1,136,088 | PEN | 4,316,000 | State Street Bank and Trust Co | 4/02/24 | (24,220) |
USD | 3,517,657 | PLN | 14,026,000 | State Street Bank and Trust Co | 4/02/24 | 6,153 |
USD | 2,015,557 | RON | 9,246,000 | BNP Paribas S.A. | 4/02/24 | 8,349 |
USD | 6,475,870 | SEK | 66,871,000 | Bank of America, N.A. | 4/02/24 | 228,579 |
USD | 2,704,271 | SGD | 3,636,000 | BNP Paribas S.A. | 4/02/24 | 11,436 |
USD | 6,024,642 | THB | 216,863,000 | JPMorgan Chase Bank, N.A. | 4/02/24 | 78,302 |
CNY | 9,509,783 | USD | 1,309,888 | Citibank, N. A. | 4/03/24 | 6,129 |
EUR | 314,000 | USD | 339,150 | Bank of America, N.A. | 5/02/24 | 16 |
JPY | 254,050,000 | USD | 1,686,179 | Bank of America, N.A. | 5/02/24 | (254) |
USD | 23,362,977 | AUD | 35,753,000 | BNP Paribas S.A. | 5/02/24 | 44,441 |
USD | 39,967,661 | CAD | 54,280,000 | Royal Bank of Canada | 5/02/24 | (122,254) |
USD | 8,674,390 | CHF | 7,833,000 | HSBC Bank | 5/02/24 | (40,030) |
USD | 681,845 | CLP | 669,231,000 | State Street Bank and Trust Co | 5/02/24 | (542) |
USD | 1,949,139 | COP | 7,595,600,000 | State Street Bank and Trust Co | 5/02/24 | (5,845) |
USD | 1,727,957 | CZK | 40,487,000 | BNP Paribas S.A. | 5/02/24 | 2,121 |
USD | 2,169,041 | DKK | 14,923,000 | Bank of America, N.A. | 5/02/24 | 7,380 |
USD | 3,637,897 | EUR | 3,364,000 | Citibank, N. A. | 5/02/24 | 4,282 |
USD | 359,251,637 | EUR | 331,745,000 | State Street Bank and Trust Co | 5/02/24 | 918,272 |
USD | 52,288,194 | GBP | 41,420,000 | HSBC Bank | 5/02/24 | 1,367 |
USD | 105,815 | HKD | 827,000 | Goldman Sachs Bank USA | 5/02/24 | 49 |
USD | 1,149,639 | HUF | 421,084,000 | HSBC Bank | 5/02/24 | (1,553) |
USD | 6,043,034 | IDR | 95,600,800,000 | JPMorgan Chase Bank, N.A. | 5/02/24 | 18,754 |
USD | 1,551,075 | ILS | 5,679,000 | Goldman Sachs Bank USA | 5/02/24 | 4,780 |
USD | 80,918,548 | JPY | 12,179,350,000 | JPMorgan Chase Bank, N.A. | 5/02/24 | 94,027 |
USD | 16,087,216 | KRW | 21,581,000,000 | Bank of America, N.A. | 5/02/24 | 71,275 |
USD | 5,430,693 | MXN | 90,597,000 | Royal Bank of Canada | 5/02/24 | 6,373 |
USD | 5,780,932 | MYR | 27,286,000 | Goldman Sachs Bank USA | 5/02/24 | 4,467 |
USD | 2,453,790 | NOK | 26,431,000 | Bank of America, N.A. | 5/02/24 | 17,343 |
USD | 2,605,979 | NZD | 4,336,000 | Bank of America, N.A. | 5/02/24 | 15,332 |
USD | 1,152,010 | PEN | 4,272,000 | State Street Bank and Trust Co | 5/02/24 | 4,302 |
USD | 3,509,009 | PLN | 14,009,000 | JPMorgan Chase Bank, N.A. | 5/02/24 | 2,683 |
USD | 2,010,815 | RON | 9,247,000 | Goldman Sachs Bank USA | 5/02/24 | 4,719 |
USD | 5,800,859 | SEK | 61,461,000 | State Street Bank and Trust Co | 5/02/24 | 52,091 |
USD | 2,657,208 | SGD | 3,577,000 | BNP Paribas S.A. | 5/02/24 | 4,373 |
USD | 6,101,600 | THB | 221,183,000 | JPMorgan Chase Bank, N.A. | 5/02/24 | 22,138 |
USD | 133,829,890 | CNH | 968,460,000 | Bank of America, N.A. | 5/06/24 | 306,749 |
USD | 18,323,333 | CNH | 132,540,000 | JPMorgan Chase Bank, N.A. | 5/06/24 | 49,830 |
TOTAL FORWARD FOREIGN CURRENCY CONTRACTS | 4,635,729 | |||||
Unrealized Appreciation | 6,961,424 | |||||
Unrealized Depreciation | (2,325,695) |
Currency Abbreviations
AUD | - | Australian dollar |
CAD | - | Canadian dollar |
CHF | - | Swiss franc |
CLP | - | Chilean peso |
CNH | - | Chinese Offshore Currency |
CNY | - | Chinese yuan |
COP | - | Colombian peso |
CZK | - | Czech koruna |
DKK | - | Danish krone |
EUR | - | European Monetary Unit |
GBP | - | British pound sterling |
HKD | - | Hong Kong dollar |
HUF | - | Hungarian forint |
IDR | - | Indonesian rupiah |
ILS | - | Israeli shekel |
JPY | - | Japanese yen |
KRW | - | Korean won |
MXN | - | Mexican peso |
MYR | - | Malaysian ringgit |
NOK | - | Norwegian krone |
NZD | - | New Zealand dollar |
PEN | - | Peruvian new sol |
PLN | - | Polish zloty |
RON | - | Romanian leu (new) |
RUB | - | Russian ruble |
SEK | - | Swedish krona |
SGD | - | Singapore dollar |
THB | - | Thai baht |
USD | - | U.S. dollar |
Legend
(a) | Amount is stated in United States dollars unless otherwise noted. |
(b) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
(c) | Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors. |
(d) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $117,982,382 or 15.2% of net assets. |
(e) | Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $191,857. |
(f) | Security or a portion of the security has been segregated as collateral for open forward foreign currency contracts. At period end, the value of securities pledged amounted to $411,362. |
(g) | Non-income producing |
(h) | Non-income producing - Security is in default. |
(i) | Level 3 security |
(j) | Security is perpetual in nature with no stated maturity date. |
(k) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request. |
Affiliated Central Funds
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
Fidelity Cash Central Fund 5.39% | 20,006,063 | 43,911,050 | 60,640,412 | 60,468 | - | - | 3,276,701 | 0.0% |
Total | 20,006,063 | 43,911,050 | 60,640,412 | 60,468 | - | - | 3,276,701 | |
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
Valuation techniques used to value investments by major category are as follows:
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. Nonconvertible Bonds, Government Obligations, Supranational Obligations and Preferred Securities are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. For foreign debt securities, when significant market or security specific events arise, valuations may be determined in good faith in accordance with procedures adopted by the Board. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
The U.S. dollar value of forward foreign currency contracts is determined using currency exchange rates supplied by a pricing service and are categorized as Level 2 in the hierarchy.
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.
Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
Foreign Exchange Risk - Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates.
Interest Rate Risk - Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates.
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund.
Derivative counterparty credit risk is managed through formal evaluation of the creditworthiness of all potential counterparties. On certain OTC derivatives, the Fund attempts to reduce its exposure to counterparty credit risk by entering into an International Swaps and Derivatives Association, Inc. (ISDA) Master Agreement with each of its counterparties. The ISDA Master Agreement gives the Fund the right to terminate all transactions traded under such agreement upon the deterioration in the credit quality of the counterparty beyond specified levels. The ISDA Master Agreement gives each party the right, upon an event of default by the other party or a termination of the agreement, to close out all transactions traded under such agreement and to net the amounts owed under each transaction to one net payable by one party to the other. To mitigate counterparty credit risk on bi-lateral OTC derivatives, the Fund receives collateral in the form of cash or securities once the Fund's net unrealized appreciation on outstanding derivative contracts under an ISDA Master Agreement exceeds certain applicable thresholds, subject to certain minimum transfer provisions. The collateral received is held in segregated accounts with the Fund's custodian bank in accordance with the collateral agreements entered into between the Fund, the counterparty and the Fund's custodian bank. The Fund could experience delays and costs in gaining access to the collateral even though it is held by the Fund's custodian bank. The Fund's maximum risk of loss from counterparty credit risk related to bi-lateral OTC derivatives is generally the aggregate unrealized appreciation and unpaid counterparty payments in excess of any collateral pledged by the counterparty to the Fund. The Fund may be required to pledge collateral for the benefit of the counterparties on bi-lateral OTC derivatives in an amount not less than each counterparty's unrealized appreciation on outstanding derivative contracts, subject to certain minimum transfer provisions, and any such pledged collateral is identified in the Schedule of Investments. Exchange-traded contracts are not covered by the ISDA Master Agreement; however counterparty credit risk related to these contracts may be mitigated by the protection provided by the exchange on which they trade. Counterparty credit risk related to centrally cleared swaps may be mitigated by the protection provided by the clearinghouse.
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.
Forward Foreign Currency Contracts: Forward foreign currency contracts represent obligations to purchase or sell foreign currency on a specified future date at a price fixed at the time the contracts are entered into.
The Fund used forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to manage exposure to certain foreign currencies.
Open forward foreign currency contracts at period end are presented in the Schedule of Investments under the caption "Forward Foreign Currency Contracts." The contract amount and unrealized appreciation (depreciation) reflects each contract's exposure to the underlying currency at period end.
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.
The Fund used futures contracts to manage its exposure to the bond market and fluctuations in interest rates.
Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
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