有価証券報告書(内国投資信託受益証券)-第34期(令和4年2月26日-令和4年8月25日)

【提出】
2022/11/25 9:08
【資料】
PDFをみる
【項目】
51項目
(4)【附属明細表】
第1 有価証券明細表
(1) 株式
該当事項はありません。
(2) 株式以外の有価証券
種類通貨銘柄券面総額評価額備考
投資信託
受益証券		アメリカドルブラックロック・グローバル・インベストメント・シリーズ グローバル・エクイティ・インカム・ポートフォリオ クラスF受益証券2,804,952.14051,022,079.420
アメリカドル 小計2,804,952.14051,022,079.420
(6,989,004,439)
投資信託受益証券 合計6,989,004,439
(6,989,004,439)
投資証券アメリカドルブラックロック・グローバル・ファンズ USダラー・ショート・デュレーション・ボンド・ファンド クラスX投資証券32,534.940503,640.870
アメリカドル 小計32,534.940503,640.870
(68,988,726)
投資証券 合計68,988,726
(68,988,726)
合計7,057,993,165
(7,057,993,165)

(注1) 上記における券面総額欄の数値は、口数を表示しております。
(注2) 1 各種通貨毎の小計の欄における( )内の金額は、邦貨換算額であります。
2 合計欄における( )内の金額は、外貨建有価証券の邦貨換算額の合計額であり、内数で表示しております。
3 外貨建有価証券の内訳
通貨銘柄数組入
投資信託受益証券
時価比率		組入
投資証券
時価比率		合計金額に
対する比率
アメリカドル投資信託受益証券1銘柄99.0%-%100.0%
投資証券1銘柄-%1.0%

第2 信用取引契約残高明細表
該当事項はありません。
第3 デリバティブ取引及び為替予約取引の契約額等及び時価の状況表
該当事項はありません。
(参考情報)
当ファンドは、「ブラックロック・グローバル・ファンズ USダラー・ショート・デュレーション・ボンド・ファンド クラスX投資証券」及び「ブラックロック・グローバル・インベストメント・シリーズ グローバル・エクイティ・インカム・ポートフォリオ クラスF受益証券」を主要投資対象としており、貸借対照表の資産の部に計上された投資証券及び投資信託受益証券は、これらの投資証券及び投資信託受益証券であります。各ファンドの状況は以下のとおりであります。
なお、以下に記載した情報は監査意見の対象外です。
各ファンドの状況
(1) 「ブラックロック・グローバル・ファンズ USダラー・ショート・デュレーション・ボンド・ファンド クラスX投資証券」はルクセンブルグにおいて設立されたオープンエンド型投資法人が発行するファンドであり、同ファンドの現時点で日本語に翻訳された直近の情報は、2022年2月28日に終了する中間計算期間(2021年9月1日から2022年2月28日まで)に係る中間財務書類であります。
当該中間財務書類は、同ファンドを含む「ブラックロック・グローバル・ファンズ」の2022年2月28日現在の中間財務書類のうち、同ファンドにかかる部分を、委託会社において抜粋し、その原文を翻訳したものです。中間財務書類に含まれる「投資有価証券明細表」の銘柄については原文通り英語表記で行っております。なお、ルクセンブルグにおける独立監査人の監査を受けておりません。
(2) 「ブラックロック・グローバル・インベストメント・シリーズ グローバル・エクイティ・インカム・ポートフォリオ クラスF受益証券」はルクセンブルグにおいて設立されたオープンエンド型投資信託であり、同ファンドの現時点で日本語に翻訳された直近の情報は、2022年1月31日に終了する計算期間(2021年2月1日から2022年1月31日まで)に係る財務書類であります。
当該財務書類は、同ファンドを含む「ブラックロック・グローバル・インベストメント・シリーズ」の2022年1月31日現在の財務書類のうち、同ファンドにかかる部分を、委託会社において抜粋し、その原文を翻訳したものです。財務書類に含まれる「投資有価証券明細表」の銘柄については原文通り英語表記で行っております。
純資産計算書 2022年2月28日現在(未監査)
USダラー・ショート・
デュレーション・ボンド
・ファンド
注記米ドル
資産
投資有価証券-取得原価1,757,519,937
未実現評価損(44,119,363)
投資有価証券-時価2(a)1,713,400,574
銀行預金2(a)45,491,260
ブローカーに対する債権151,159,000
未収利息および未収配当金2(a)6,340,167
売却投資有価証券未収金2(a)3,416*
販売投資証券未収金2(a)24,631,943
以下に係る未実現評価益:
未決済上場先物取引2(c)303,145
事後通告証券契約の時価2(c)17,248,419
スワップの時価2(c)160,427
その他の資産2(a,c)19,749
資産合計1,808,758,100
負債
銀行からの借入金2(a)413,160
ブローカーに対する債務15203,201
未払収益分配金2(a)141,576
購入投資有価証券未払金2(a)17,235,661*
買戻し投資証券未払金2(a)7,606,399
以下に係る未実現評価損:
未決済先渡為替予約2(c)3,933,948
その他の負債5,6,7,8,91,158,718
負債合計30,692,663
純資産合計1,778,065,437

* 事後通告証券契約を含む。詳細については注記2を参照のこと。
添付の注記は、これらの財務書類の不可分の一部である。
3会計年度末における純資産価額の概要 2022年2月28日現在(未監査)
USダラー・ショート・デュレーション・ボンド・ファンド
通貨2022年
2月28日現在		2021年
8月31日現在		2020年
8月31日現在		2019年
8月31日現在
純資産合計米ドル1,778,065,4371,799,880,9621,640,867,0851,756,701,574
以下の1口当たり純資産価額:
クラスA毎日分配型投資証券米ドル8.368.648.638.56
クラスA毎月分配型投資証券米ドル8.368.648.638.55
クラスAシンガポール・ドル・
ヘッジ毎月分配型投資証券		シンガポール
・ドル		9.389.699.689.65
クラスA無分配投資証券米ドル13.8514.2614.1013.74
クラスAユーロ・ヘッジ
無分配投資証券		ユーロ9.7610.0910.0710.03
クラスAI無分配投資証券米ドル10.2910.5910.4810.21
クラスC毎日分配型投資証券米ドル8.328.628.648.57
クラスC無分配投資証券米ドル10.8811.2711.2911.14
クラスD毎月分配型投資証券米ドル9.609.929.909.82
クラスD無分配投資証券米ドル14.3014.7014.4914.07
クラスDユーロ・ヘッジ
無分配投資証券		ユーロ9.7810.0910.049.96
クラスE無分配投資証券米ドル12.4812.8812.8112.54
クラスI毎四半期分配型投資証券米ドル9.9910.3210.3110.25
クラスI無分配投資証券米ドル10.9111.2111.0410.72
クラスIユーロ・ヘッジ
無分配投資証券		ユーロ9.8410.1510.0810.00
クラスX無分配投資証券米ドル15.8216.2115.9115.37

価格は各投資証券クラスの取引通貨で設定される。2種類以上の取引通貨が入手可能な当該投資証券クラスでは、各投資証券クラスの基準通貨が表示されている。追加の取引通貨額は評価時点の関連する直物為替レートで当該額を換算することによって算定される。
添付の注記は、これらの財務書類の不可分の一部である。
損益および純資産変動計算書 2021年9月1日から2022年2月28日までの期間(未監査)
USダラー・ショート・
デュレーション・ボンド
・ファンド
注記米ドル
期首純資産1,799,880,962
収益
債券利息、源泉徴収税控除後2(b)13,734,760
スワップ利息2(c)167,743
短期金融商品預け入れによる利息2(b)138,976
集団投資スキームによる収益、源泉徴収税控除後2(b)1,302,275
有価証券貸付による収益2(b)77,268
投資運用報酬リベート5147,170
収益合計2(b)15,568,192
費用
銀行利息2(b)3,485
スワップ利息2(c)279,272
年間サービス費用7593,010
ローン・コミットメント・フィー175,790
保管および預託報酬2(h),8110,519
販売報酬6387,306
税金9381,388
投資運用報酬54,625,052
費用合計6,385,822
純利益9,182,370
以下に係る実現純評価益/(損):
投資有価証券2(a)(16,252,684)
事後通告証券契約2(c)53,184
上場先物取引2(c)665,764
スワップ取引2(c)1,165,746
先渡為替予約2(c)13,275,924
その他の取引に係る外国通貨2(i)(596,859)
当期実現純評価損(1,688,925)
以下に係る未実現評価益/(損)の純変動額:
投資有価証券2(a)(58,551,601)
事後通告証券契約2(c)12,758
上場先物取引2(c)1,247,807
スワップ取引2(c)21,251
先渡為替予約2(c)(10,053,904)
その他の取引に係る外国通貨2(i)(34,191)
当期未実現評価益/(損)の純変動(67,357,880)
運用成績による純資産の減少(59,864,435)
資本の変動
投資証券発行による正味受取額518,902,693
投資証券買戻しによる正味支払額(479,836,945)
資本の変動による純資産の増加39,065,748
配当金宣言額16(1,016,838)
期末純資産1,778,065,437

添付の注記は、これらの財務書類の不可分の一部である。
発行済投資証券口数変動表 2021年9月1日から2022年2月28日までの期間(未監査)
USダラー・ショート・デュレーション・ボンド・ファンド
期首発行済
投資証券口数		当期発行
投資証券口数		当期買戻し
投資証券口数		期末発行済
投資証券口数
クラスA毎日分配型投資証券4,348,396517,923793,6454,072,674
クラスA毎月分配型投資証券2,468,5383,781,3564,788,3921,461,502
クラスAシンガポール・ドル・ヘッジ毎月分配型投資証券43,002-14,77928,223
クラスA無分配投資証券37,437,7765,036,4099,680,38832,793,797
クラスAユーロ・ヘッジ無分配投資証券3,944,25110,988,6292,461,50012,471,380
クラスAI無分配投資証券9,00178,08238,03349,050
クラスC毎日分配型投資証券80,2252,7052,95579,975
クラスC無分配投資証券2,200,850792,579683,9652,309,464
クラスD毎月分配型投資証券9,497,8126,329,6453,853,66211,973,795
クラスD無分配投資証券36,387,35610,131,0808,150,16638,368,270
クラスDユーロ・ヘッジ無分配投資証券1,182,894336,506864,403654,997
クラスE無分配投資証券7,852,5002,886,7821,774,4768,964,806
クラスI毎四半期分配型投資証券3,763,95223,141-3,787,093
クラスI無分配投資証券7,280,126725,5191,637,0866,368,559
クラスIユーロ・ヘッジ無分配投資証券8,366,5751,340,9014,577,3715,130,105
クラスX無分配投資証券10,438,852172,8017,49010,604,163

添付の注記は、これらの財務書類の不可分の一部である。
USダラー・ショート・デュレーション・ボンド・ファンド
投資有価証券明細表 2022年2月28日現在(未監査)
保有高銘柄時価
(米ドル)		純資産比率
(%)
公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲渡可能な有価証券および短期金融商品
コマーシャル・ペーパー
米国
USD5,000,000Enel Finance America LLC 18/7/2022 (Zero Coupon)4,981,3500.28
USD4,000,000Enel Finance America LLC 9/8/2022 (Zero Coupon)3,981,5200.23
USD5,000,000Enel Finance America LLC 20/9/2022 (Zero Coupon)4,966,8230.28
USD8,000,000Eni Finance International SA 13/4/2022 (Zero Coupon)7,996,5740.45
USD7,000,000General Motors Financial Co 29/4/2022 (Zero Coupon)6,992,5640.39
USD3,000,000General Motors Financial Co 16/6/2022 (Zero Coupon)2,992,6740.17
コマーシャル・ペーパー合計31,911,5051.80
債券
オーストラリア
USD750,000APT Pipelines Ltd 4.25% 15/7/2027794,7670.04
USD91,000GAIF Bond Issuer Pty Ltd 3.4% 30/9/202694,2370.01
USD700,000Mirvac Group Finance Ltd 3.625% 18/3/2027724,6430.04
USD260,000Santos Finance Ltd 4.125% 14/9/2027265,8500.01
AUD613,647TORRENS Series 2013-1 Trust ‘Series 2013-1 A’ FRN 12/4/2044444,3710.03
USD8,450,000Westpac Banking Corp ‘144A’ 3.15% 16/1/20248,652,8220.49
10,976,6900.62
オーストリア
USD200,000BRF GmbH 4.35% 29/9/2026197,4270.01
USD235,000Klabin Austria GmbH ‘144A’ 3.2% 12/1/2031201,9830.01
USD200,000Suzano Austria GmbH 3.125% 15/1/2032176,7500.01
576,1600.03
バーレーン
USD326,000Bahrain Government International Bond 7% 26/1/2026349,8780.02
USD200,000Bahrain Government International Bond 7.375% 14/5/2030212,2650.01
562,1430.03
ベルギー
EUR1,400,000KBC Group NV FRN 3/12/20291,515,1580.08
EUR900,000KBC Group NV 1.125% 25/1/20241,025,5320.06
2,540,6900.14
バミューダ諸島
USD200,000Geopark Ltd ‘144A’5.5% 17/1/2027188,7390.01
USD5,400,000IHS Markit Ltd (Restricted) 4.125% 1/8/20235,462,5710.31
USD240,000Li & Fung Ltd 4.5% 18/8/2025239,1870.01
5,890,4970.33


保有高銘柄時価
(米ドル)		純資産比率
(%)
ブラジル
USD5,000,000Banco Bradesco SA/Cayman Islands ‘144A’2.85% 27/1/20235,059,3750.29
USD240,000Banco do Brasil SA/Cayman 4.75% 20/3/2024247,5860.01
USD937,000Brazilian Government International Bond 3.875% 12/6/2030870,2360.05
USD510,000Brazilian Government International Bond 4.625% 13/1/2028517,7650.03
USD209,000Brazilian Government International Bond 6% 7/4/2026229,7200.01
USD250,000Itau Unibanco Holding SA/Cayman Island ‘144A’3.25% 24/1/2025248,8580.01
7,173,5400.40
英領バージン諸島
USD200,000Champion Path Holdings Ltd 4.5% 27/1/2026175,0000.01
USD200,000Champion Path Holdings Ltd 4.85% 27/1/2028163,1210.01
USD285,000Fortune Star BVI Ltd 5% 18/5/2026263,4400.01
USD222,000Fortune Star BVI Ltd 5.95% 19/10/2025215,2290.01
USD330,000Gold Fields Orogen Holdings BVI Ltd ‘144A’5.125% 15/5/2024340,7370.02
USD500,000Huarong Finance 2017 Co Ltd 4.25% 7/11/2027466,2500.03
USD700,000Hysan MTN Ltd 2.875% 2/6/2027706,4660.04
USD200,000New Metro Global Ltd 4.5% 2/5/2026111,8020.01
USD660,000Ocean Laurel Co Ltd 2.375% 20/10/2025625,1220.03
USD200,000RKPF Overseas 2020 A Ltd 5.2% 12/1/2026161,5000.01
USD240,000SF Holding Investment 2021 Ltd 2.375% 17/11/2026234,4500.01
USD500,000Sinochem Offshore Capital Co Ltd 2.25% 24/11/2026480,8220.03
USD280,000Sino-Ocean Land Treasure Finance II Ltd 5.95% 4/2/2027249,9000.01
USD300,000Sino-Ocean Land Treasure IV Ltd 3.25% 5/5/2026247,3500.01
USD550,000Sinopec Group Overseas Development 2017 Ltd 3.625% 12/4/2027574,9860.03
USD470,000Vigorous Champion International Ltd 2.75% 2/6/2025459,9260.03
USD200,000Wanda Properties Overseas Ltd 6.875% 23/7/2023188,6000.01
USD300,000Yunda Holding Investment Ltd 2.25% 19/8/2025285,0390.02
5,949,7400.33
カナダ
USD305,0001011778 BC ULC / New Red Finance Inc ‘144A’4.375% 15/1/2028297,2380.02
USD248,000Air Canada ‘144A’3.875% 15/8/2026241,5380.01
USD87,000Akumin Inc ‘144A’7% 1/11/202575,4260.00
USD124,000Bausch Health Cos Inc ‘144A’ 6.125% 1/2/2027125,1200.01
USD377,000Bausch Health Cos Inc ‘144A’ 9% 15/12/2025389,7010.02
USD1,005,000Canadian Pacific Railway Co 1.75% 2/12/2026969,7870.05
USD5,030,000CPPIB Capital Inc ‘144A’0.5% 16/9/20244,871,0280.27
USD620,000Enbridge Inc 2.5% 15/1/2025620,5430.04
USD1,885,000Enbridge Inc 2.5% 14/2/20251,885,3410.11
USD138,000Garda World Security Corp ‘144A’4.625% 15/2/2027133,4860.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
カナダ(続き)
USD158,000GFL Environmental Inc ‘144A’ 3.5% 1/9/2028149,4550.01
USD259,000GFL Environmental Inc ‘144A’ 4% 1/8/2028239,6850.01
USD201,000GFL Environmental Inc ‘144A’ 5.125% 15/12/2026204,5110.01
USD143,000New Gold Inc ‘144A’7.5% 15/7/2027148,5590.01
USD76,000NOVA Chemicals Corp ‘144A’ 4.875% 1/6/202476,8550.00
USD3,975,000OMERS Finance Trust ‘144A’ 1.1% 26/3/20263,808,5030.21
USD166,000Open Text Corp ‘144A’3.875% 15/2/2028158,8950.01
USD86,000Parkland Corp ‘144A’5.875% 15/7/202786,7680.01
EUR730,000Toronto-Dominion Bank/The 0.375% 25/4/2024816,8520.05
USD210,000Videotron Ltd ‘144A’5.125% 15/4/2027213,4070.01
15,512,6980.87
ケイマン諸島
USD230,000AAC Technologies Holdings Inc 2.625% 2/6/2026216,8450.01
USD200,000Agile Group Holdings Ltd 5.75% 2/1/202579,0000.00
USD650,000Allegro CLO II-S Ltd ‘Series 2014-1RA B’ ‘144A’ FRN 21/10/2028649,5060.04
USD550,000Allegro CLO XI Ltd ‘Series 2019-2A A2A’ ‘144A’ FRN 19/1/2033546,4860.03
USD385,000Arabian Centres Sukuk II Ltd ‘144A’5.625% 7/10/2026378,2630.02
USD1,450,000ASSURANT CLO Ltd ‘Series 2018-2A A’ ‘144A’ FRN 20/4/20311,440,7910.08
USD2,780,000Baidu Inc 2.875% 6/7/20222,790,0640.16
USD600,000Baidu Inc 3.625% 6/7/2027618,2700.04
USD3,500,000Bean Creek CLO Ltd ‘Series 2015-1A AR’ ‘144A’ FRN 20/4/20313,477,3240.20
USD520,000Benefit Street Partners CLO V-B Ltd ‘Series 2018-5BA A1A’ ‘144A’ FRN 20/4/2031517,2680.03
USD1,050,000Benefit Street Partners Clo XXII Ltd ‘Series 2020-22A B’ ‘144A’ FRN 20/1/20321,047,1210.06
USD500,000Canyon CLO 2018-1 Ltd ‘Series 2018-1A A’ ‘144A’ FRN 15/7/2031497,2490.03
USD1,750,000Carbone Clo Ltd ‘Series 2017-1A A1’ ‘144A’ FRN 20/1/20311,739,5000.10
USD2,333,392Carlyle Global Market Strategies CLO 2014-5 Ltd ‘Series 2014-5A A1RR’ ‘144A’ FRN 15/7/20312,325,6360.13
USD1,250,000CARLYLE US CLO 2018-4 Ltd ‘Series 2018-4A B’ ‘144A’ FRN 20/1/20311,237,5870.07
USD740,000CDBL Funding 1 3.5% 24/10/2027*751,2260.04
USD350,000China Mengniu Dairy Co Ltd 1.875% 17/6/2025340,3980.02
USD200,000China Overseas Grand Oceans Finance IV Cayman Ltd 2.45% 9/2/2026190,1630.01
USD200,000China SCE Group Holdings Ltd 7% 2/5/2025123,5000.01
USD2,000,000CIFC Funding 2014-V Ltd ‘Series 2014-5A A1R2’ ‘144A’ FRN 17/10/20311,995,5130.11
USD1,000,000CIFC Funding 2017-V Ltd ‘Series 2017-5A A1’ ‘144A’ FRN 16/11/2030998,1960.06
USD1,096,000CIFC Funding 2018-I Ltd ‘Series 2018-1A A’ ‘144A’ FRN 18/4/20311,090,2460.06


保有高銘柄時価
(米ドル)		純資産比率
(%)
ケイマン諸島(続き)
USD250,000CIFC Funding 2018-V Ltd ‘Series 2018-5A A1’ ‘144A’ FRN 15/1/2032248,6330.01
USD7,000,000CIFC Funding 2019-I Ltd ‘Series 2019-1A AR’ ‘144A’ FRN 20/4/20326,963,5650.39
USD200,000CIFI Holdings Group Co Ltd 6% 16/7/2025157,5000.01
USD1,000,000Clear Creek CLO ‘Series 2015-1A AR’ ‘144A’ FRN 20/10/2030995,3880.06
USD498,000Country Garden Holdings Co Ltd 5.625% 15/12/2026380,9700.02
USD200,000Country Garden Holdings Co Ltd 7.25% 8/4/2026158,5000.01
USD6,255,000Deer Creek Clo Ltd 2017-1 ‘Series 2017-1A A’ ‘144A’ FRN 20/10/20306,222,2550.35
USD225,000Doha Finance Ltd 2.375% 31/3/2026219,6560.01
USD222,000Fantasia Holdings Group Co Ltd 10.875% 9/1/202350,5050.00
USD200,000Fantasia Holdings Group Co Ltd 11.875% 1/6/202345,5000.00
USD2,150,000Galaxy XXII CLO Ltd ‘Series 2016-22A ARR’ ‘144A’ FRN 16/4/20342,152,1500.12
USD2,500,000Goldentree Loan Management US Clo 3 Ltd ‘Series 2018-3A AJ’ ‘144A’ FRN 20/4/20302,481,2670.14
USD500,000Goldentree Loan Management US CLO 5 Ltd ‘Series 2019-5A AR’ ‘144A’ FRN 20/10/2032497,0360.03
USD1,000,000Goldentree Loan Opportunities XI Ltd ‘Series 2015-11A AR2’ ‘144A’ FRN 18/1/2031993,6990.06
USD128,000Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd ‘144A’5.75% 20/1/2026130,1730.01
USD1,400,402ICG US CLO 2015-1 Ltd ‘Series 2015-1A A1R’ ‘144A’ FRN 19/10/20281,391,3390.08
USD200,000KWG Group Holdings Ltd 5.875% 10/11/202483,0000.00
USD400,000LCM Loan Income Fund I Income Note Issuer Ltd ‘144A’ FRN 16/7/2031397,8300.02
USD222,000Logan Group Co Ltd 4.5% 13/1/202865,4900.00
USD200,000Logan Group Co Ltd 5.75% 14/1/202563,0000.00
USD200,000Longfor Group Holdings Ltd 3.375% 13/4/2027188,5450.01
USD650,000Longfor Group Holdings Ltd 3.9% 16/4/2023*653,2500.04
USD236,000MAF Sukuk Ltd 3.933% 28/2/2030243,6110.01
USD450,000MAF Sukuk Ltd 4.638% 14/5/2029482,3760.03
USD250,000Marble Point CLO XXII Ltd ‘Series 2021-2A B’ ‘144A’ FRN 25/7/2034249,9400.01
USD200,000MGM China Holdings Ltd 5.25% 18/6/2025189,9270.01
USD250,000Milos CLO Ltd ‘Series 2017-1A AR’ ‘144A’ FRN 20/10/2030247,8200.01
USD500,000Neuberger Berman Loan Advisers CLO 25 Ltd ‘Series 2017-25A BR’ ‘144A’ FRN 18/10/2029497,8900.03
USD4,870,000Neuberger Berman Loan Advisers CLO 26 Ltd ‘Series 2017-26A AR’ ‘144A’ FRN 18/10/20304,838,4520.27
USD500,000Neuberger Berman Loan Advisers CLO 29 Ltd ‘Series 2018-29A A1’ ‘144A’ FRN 19/10/2031498,3750.03
USD300,000Neuberger Berman Loan Advisers CLO 29 Ltd ‘Series 2018-29A B1’ ‘144A’ FRN 19/10/2031299,9990.02
USD850,000Neuberger Berman Loan Advisers CLO 33 Ltd ‘Series 2019-33A AR’ ‘144A’ FRN 16/10/2033844,9080.05


保有高銘柄時価
(米ドル)		純資産比率
(%)
ケイマン諸島(続き)
USD750,000Neuberger Berman Loan Advisers CLO 34 Ltd ‘Series 2019-34A BR’ ‘144A’ FRN 20/1/2035750,0000.04
USD8,600,000Peace Park CLO Ltd ‘Series 2021-1A A’ ‘144A’ FRN 20/10/20348,574,6820.48
USD3,920,000Pikes Peak CLO 1 ‘Series 2018-1A A’ ‘144A’ FRN 24/7/20313,884,5670.22
USD200,000Powerlong Real Estate Holdings Ltd 6.25% 10/8/2024108,0000.01
USD200,000Redsun Properties Group Ltd 10.5% 3/10/202281,9000.00
USD4,690,000Regatta VIII Funding Ltd ‘Series 2017-1A A’ ‘144A’ FRN 17/10/20304,664,4960.26
USD1,000,000Regatta VIII Funding Ltd ‘Series 2017-1A B’ ‘144A’ FRN 17/10/2030992,5000.06
USD250,000Regatta X Funding Ltd ‘Series 2017-3A B’ ‘144A’ FRN 17/1/2031248,2410.01
USD1,750,000Regatta XVI Funding Ltd ‘Series 2019-2A B’ ‘144A’ FRN 15/1/20331,749,8130.10
USD275,000Rockford Tower CLO 2017-3 Ltd ‘Series 2017-3A A’ ‘144A’ FRN 20/10/2030274,2460.02
USD350,000Ronshine China Holdings Ltd 7.35% 15/12/202385,7500.01
USD525,000RR 19 Ltd ‘Series 2021-19A A1’ ‘144A’ FRN 15/10/2035522,1250.03
USD2,500,000RR 3 Ltd ‘Series 2018-3A A1R2’ ‘144A’ FRN 15/1/20302,485,7830.14
USD710,000Samba Funding Ltd 2.9% 29/1/2027713,9420.04
USD260,000Sands China Ltd 3.8% 8/1/2026*246,5890.01
USD480,000Sharjah Sukuk Program Ltd 2.942% 10/6/2027475,2000.03
USD200,000Shimao Group Holdings Ltd 3.45% 11/1/203153,0000.00
USD280,000Shimao Group Holdings Ltd 5.6% 15/7/202684,0000.00
USD200,000Sunac China Holdings Ltd 6.5% 10/1/202578,0000.00
USD1,000,000Symphony CLO XXIII Ltd ‘Series 2020-23A BR’ ‘144A’ FRN 15/1/2034997,5550.06
USD550,000Tencent Holdings Ltd 3.595% 19/1/2028561,7230.03
USD269,000Times China Holdings Ltd 6.2% 22/3/202698,1850.01
USD600,000Weibo Corp 3.5% 5/7/2024606,2340.03
USD200,000Wynn Macau Ltd 4.875% 1/10/2024185,5610.01
USD482,000XP Inc ‘144A’3.25% 1/7/2026449,2670.03
USD200,000Zhenro Properties Group Ltd 7.875% 14/4/202425,0000.00
84,979,0604.78
チリ
USD274,000Chile Government International Bond 2.45% 31/1/2031256,5150.02
USD415,000Chile Government International Bond 2.55% 27/7/2033375,9900.02
USD280,000Chile Government International Bond 3.1% 7/5/2041245,2100.01
USD200,000Chile Government International Bond 3.5% 31/1/2034196,8000.01
USD235,000Colbun SA ‘144A’3.15% 19/1/2032217,1680.01
USD348,548GNL Quintero SA 4.634% 31/7/2029353,6800.02
USD310,000Inversiones CMPC SA ‘144A’ 3.85% 13/1/2030305,9620.02
USD341,000Sociedad Quimica y Minera de Chile SA ‘144A’3.5% 10/9/2051289,8910.02


保有高銘柄時価
(米ドル)		純資産比率
(%)
チリ(続き)
USD215,000VTR Comunicaciones SpA ‘144A’4.375% 15/4/2029203,7130.01
2,444,9290.14
中国
USD690,000China Life Insurance Overseas Co Ltd/Hong Kong FRN 27/7/2027690,7210.04
USD210,000Guoren Property & Casualty Insurance Co Ltd 3.35% 1/6/2026206,4850.01
USD600,000Wens Foodstuffs Group Co Ltd 2.349% 29/10/2025495,7880.03
USD330,000ZhongAn Online P&C Insurance Co Ltd 3.5% 8/3/2026308,1370.02
1,701,1310.10
コロンビア
USD200,000Colombia Government International Bond 3.25% 22/4/2032166,2000.01
USD660,000Colombia Government International Bond 3.875% 25/4/2027632,3970.04
USD250,000Colombia Government International Bond 4.5% 15/3/2029239,9030.01
USD540,000Colombia Government International Bond 8.125% 21/5/2024596,5120.03
USD350,000Ecopetrol SA 4.625% 2/11/2031313,7750.02
USD540,000Ecopetrol SA 5.375% 26/6/2026553,4730.03
USD340,000SURA Asset Management SA ‘144A’4.875% 17/4/2024350,6670.02
2,852,9270.16
デンマーク
USD3,160,000Danske Bank A/S ‘144A’ FRN 10/9/20253,026,2500.17
USD3,065,000Danske Bank A/S ‘144A’ FRN 11/9/2026*2,918,2940.16
5,944,5440.33
ドミニカ共和国
USD200,000Aeropuertos Dominicanos Siglo XXI SA ‘144A’6.75% 30/3/2029198,3410.01
USD298,000Banco de Reservas de la Republica Dominicana 7% 1/2/2023305,0780.02
USD615,000Dominican Republic International Bond ‘144A’ 4.5% 30/1/2030571,9250.03
USD420,000Dominican Republic International Bond ‘144A’ 4.875% 23/9/2032384,8570.02
USD245,000Dominican Republic International Bond 5.3% 21/1/2041211,8640.01
USD250,000Dominican Republic International Bond ‘144A’ 5.5% 22/2/2029249,2300.01
USD150,000Dominican Republic International Bond ‘144A’6% 22/2/2033147,8810.01
USD300,000Dominican Republic International Bond 6.4% 5/6/2049*284,2500.02
2,353,4260.13
エジプト
EUR100,000Egypt Government International Bond ‘144A’4.75% 11/4/2025107,6060.00
USD395,000Egypt Government International Bond 5.25% 6/10/2025379,2000.02
USD310,000Egypt Government International Bond ‘144A’5.577% 21/2/2023313,8750.02


保有高銘柄時価
(米ドル)		純資産比率
(%)
エジプト(続き)
USD200,000Egypt Government International Bond 5.875% 11/6/2025196,2500.01
EUR330,000Egypt Government International Bond ‘144A’ 6.375% 11/4/2031295,3750.02
1,292,3060.07
フィンランド
EUR905,000CRH Finland Services Oyj 0.875% 5/11/2023*1,025,9280.06
USD3,600,000Nordea Bank Abp ‘144A’1.5% 30/9/20263,407,1190.19
4,433,0470.25
フランス
USD602,000Altice France SA/France ‘144A’ 5.5% 15/1/2028565,1700.03
USD659,000Altice France SA/France ‘144A’ 8.125% 1/2/2027695,8480.04
EUR200,000Arkema SA 0.125% 14/10/2026218,7470.01
EUR300,000Banque Federative du Credit Mutuel SA 0.75% 8/6/2026333,5660.02
USD925,000BPCE SA ‘144A’ FRN 19/10/2027881,5750.05
EUR500,000BPCE SA 0.625% 28/4/2025559,3050.03
EUR500,000Capgemini SE 0.625% 23/6/2025559,9170.03
USD250,000Constellium SE ‘144A’5.625% 15/6/2028252,0720.01
USD250,000Constellium SE ‘144A’5.875% 15/2/2026252,7940.01
USD4,210,000Credit Agricole SA ‘144A’ FRN 26/1/20273,944,4570.22
EUR900,000Engie SA 0.375% 28/2/20231,012,8820.06
EUR235,728FCT Autonoria 2019 FRN 25/9/2035263,2130.02
EUR236,082FCT Autonoria 2019 FRN 25/9/2035264,3600.02
EUR700,000FCT Noria 2021 FRN 25/10/2049780,8850.04
EUR500,000FCT Noria 2021 FRN 25/10/2049562,2210.03
EUR800,000FCT Noria 2021 ‘Series 2021-1 B’ FRN 25/10/2049896,4500.05
EUR300,000FCT Pixel 2021 1.221% 25/2/2038334,2810.02
EUR1,549,562Harmony French Home Loans FCT 2020-2 FRN 27/8/20611,755,5380.10
EUR1,000,000Harmony French Home Loans FCT 2020-2 FRN 27/8/20611,135,8780.06
EUR400,000Harmony French Home Loans FCT 2021-1 FRN 27/5/2061450,6060.03
USD362,000Iliad Holding SASU ‘144A’6.5% 15/10/2026362,4920.02
EUR800,000Pernod Ricard SA 24/10/2023 (Zero Coupon)896,7150.05
EUR400,000PSA Banque France SA 22/1/2025 (Zero Coupon)439,3560.03
EUR2,120,000RCI Banque SA 0.75% 10/4/20232,388,0740.13
EUR600,000Schneider Electric SE 0.25% 9/9/2024672,8810.04
USD2,365,000Societe Generale SA ‘144A’ FRN 21/1/20262,299,9580.13
EUR2,200,000Societe Generale SA FRN 23/2/20282,475,1230.14
EUR1,200,000Veolia Environnement SA 0.672% 30/3/20221,347,2150.08
26,601,5791.50
ドイツ
EUR535,000Amphenol Technologies Holding GmbH 0.75% 4/5/2026596,0400.03
EUR600,000BASF SE 0.101% 5/6/2023673,8380.04
EUR1,105,000BASF SE 2% 5/12/2022*1,261,1600.07
EUR600,000Bayer AG 0.05% 12/1/2025660,0450.04
EUR200,000Commerzbank AG FRN 24/3/2026221,9030.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
ドイツ(続き)
EUR290,000Covestro AG 0.875% 3/2/2026327,4020.02
EUR600,000Deutsche Bank AG FRN 19/11/2025666,5730.04
EUR800,000Deutsche Bank AG FRN 23/2/2028895,3730.05
USD1,310,000Deutsche Bank AG/New York NY FRN 1/4/20251,274,8130.07
USD3,385,000Deutsche Bank AG/New York NY FRN 7/1/20283,236,4100.18
EUR1,315,000E.ON SE 24/10/2022 (Zero Coupon)1,477,4890.08
EUR300,000KION Group AG 1.625% 24/9/2025341,2980.02
EUR300,000Red & Black Auto Germany 8 UG 0.193% 15/9/2030335,9550.02
EUR400,000Red & Black Auto Germany 8 UG 0.393% 15/9/2030445,2120.03
EUR1,100,000Volkswagen Bank GmbH 1.875% 31/1/20241,268,8180.07
EUR600,000Volkswagen Bank GmbH 2.5% 31/7/2026709,8780.04
EUR520,000Volkswagen Financial Services AG 0.875% 31/1/2028564,4310.03
EUR330,000Volkswagen Leasing GmbH 0.375% 20/7/2026358,0360.02
EUR2,455,000Volkswagen Leasing GmbH 1% 16/2/20232,778,8530.16
EUR700,000Vonovia SE 16/9/2024 (Zero Coupon)771,2580.04
EUR700,000ZF Finance GmbH 3% 21/9/2025778,2430.05
19,643,0281.11
グアテマラ
USD243,000Guatemala Government Bond 3.7% 7/10/2033220,3710.01
USD200,000Guatemala Government Bond ‘144A’5.375% 24/4/2032206,5680.01
426,9390.02
香港
USD444,000Chong Hing Bank Ltd FRN 26/7/2027445,6710.03
USD700,000CITIC Ltd 3.875% 28/2/2027*728,8940.04
USD300,000CMB International Leasing Management Ltd 1.25% 16/9/2024289,7380.02
USD440,000CMB International Leasing Management Ltd 1.875% 12/8/2025425,0030.02
USD315,000GLP China Holdings Ltd 2.95% 29/3/2026303,3430.02
USD260,000GLP China Holdings Ltd 4.974% 26/2/2024267,3520.01
USD200,000Yanlord Land HK Co Ltd 6.8% 27/2/2024191,5000.01
2,651,5010.15
インド
USD200,000Adani Electricity Mumbai Ltd ‘144A’3.949% 12/2/2030185,1850.01
USD470,000Adani Transmission Ltd 4% 3/8/2026475,7090.03
USD481,000Bharti Airtel Ltd 4.375% 10/6/2025498,9560.03
USD200,000GMR Hyderabad International Airport Ltd 5.375% 10/4/2024202,8880.01
USD468,000Hindustan Petroleum Corp Ltd 4% 12/7/2027477,8030.03
USD650,000ICICI Bank Ltd/Dubai 3.8% 14/12/2027669,0320.04
USD200,000ICICI Bank Ltd/Dubai 4% 18/3/2026207,4150.01
USD200,000JSW Steel Ltd 5.375% 4/4/2025203,5000.01
USD200,000Manappuram Finance Ltd 5.9% 13/1/2023201,9000.01
USD200,000Muthoot Finance Ltd 4.4% 2/9/2023201,6500.01
USD290,000Muthoot Finance Ltd ‘144A’ 6.125% 31/10/2022*294,3540.02


保有高銘柄時価
(米ドル)		純資産比率
(%)
インド(続き)
USD465,000Power Finance Corp Ltd 3.75% 18/6/2024473,5410.03
USD718,000REC Ltd 3.875% 7/7/2027722,2940.04
USD200,000ReNew Power Synthetic 6.67% 12/3/2024205,3060.01
USD200,000Shriram Transport Finance Co Ltd 5.1% 16/7/2023201,6500.01
USD200,000Shriram Transport Finance Co Ltd 5.95% 24/10/2022201,9000.01
5,423,0830.31
インドネシア
USD200,000Bank Negara Indonesia Persero Tbk PT 3.75% 30/3/2026195,0000.01
USD420,000Indonesia Government International Bond 3.5% 11/1/2028434,7370.02
USD310,000Indonesia Government International Bond 4.1% 24/4/2028331,7430.02
USD200,000Indonesia Government International Bond 4.75% 11/2/2029222,7970.01
USD700,000Pertamina Persero PT 1.4% 9/2/2026652,7500.04
USD500,000Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 4.125% 15/5/2027512,0370.03
2,349,0640.13
アイルランド
EUR610,000Abbott Ireland Financing DAC 0.875% 27/9/2023693,0940.04
USD2,200,000AerCap Ireland Capital DAC / AerCap Global Aviation Trust 2.45% 29/10/20262,109,2630.12
USD1,700,000AerCap Ireland Capital DAC / AerCap Global Aviation Trust 2.875% 14/8/20241,706,4620.10
USD2,160,000AerCap Ireland Capital DAC / AerCap Global Aviation Trust 3.3% 23/1/20232,189,0330.12
USD4,300,000AerCap Ireland Capital DAC / AerCap Global Aviation Trust 3.5% 26/5/20224,318,5930.24
USD325,000AerCap Ireland Capital DAC / AerCap Global Aviation Trust 4.625% 1/7/2022328,6940.02
GBP899,680Agora Securities UK 2021 DAC FRN 17/8/20311,206,0920.07
USD424,000Ardagh Packaging Finance Plc / Ardagh Holdings USA Inc ‘144A’4.125% 15/8/2026409,7560.02
GBP969,669Atom Mortgage Securities DAC 1.997% 22/7/20311,281,8270.07
GBP1,199,200Atom Mortgage Securities DAC 2.897% 22/7/20311,572,3020.09
EUR525,000ESB Finance DAC 3.494% 12/1/2024625,5180.04
EUR561,000Fresenius Finance Ireland Plc 1/10/2025 (Zero Coupon)*611,1600.04
GBP738,000Frost CMBS 2021-1 DAC 1.536% 22/11/2026986,3980.06
EUR691,800Haus European Loan Conduit No 39 DAC FRN 28/7/2051773,2780.04
EUR636,816Haus European Loan Conduit No 39 DAC FRN 28/7/2051713,1210.04
EUR1,050,696Haus European Loan Conduit No 39 DAC FRN 28/7/20511,176,8390.07
EUR796,770Haus European Loan Conduit No 39 DAC FRN 28/7/2051891,0750.05
USD200,000Jazz Securities DAC ‘144A’ 4.375% 15/1/2029198,5000.01
EUR918,882Last Mile Logistics Pan Euro Finance DAC FRN 17/8/20331,029,2480.06
EUR324,546Last Mile Logistics Pan Euro Finance DAC FRN 17/8/2033363,5450.02


保有高銘柄時価
(米ドル)		純資産比率
(%)
アイルランド(続き)
EUR1,001,508Last Mile Logistics Pan Euro Finance DAC FRN 17/8/20331,128,8960.06
EUR678,857Last Mile Securities PE 2021 DAC FRN 17/8/2031760,0510.04
EUR1,316,723Last Mile Securities PE 2021 DAC FRN 17/8/20311,478,5680.08
EUR918,807Last Mile Securities PE 2021 DAC FRN 17/8/20311,029,1380.06
EUR1,000,790Last Mile Securities PE 2021 DAC ‘Series 2021-1X A1’ FRN 17/8/20311,122,0320.06
USD264,000LCPR Senior Secured Financing DAC ‘144A’6.75% 15/10/2027271,9990.02
USD443,000Lukoil Capital DAC ‘144A’2.8% 26/4/2027177,2000.01
USD460,000Metalloinvest Finance DAC ‘144A’3.375% 22/10/2028172,5000.01
EUR1,128,144Pearl Finance 2020 DAC FRN 17/11/20321,271,5830.07
EUR2,001,394Pearl Finance 2020 DAC FRN 17/11/20322,254,6940.13
EUR1,354,717Pearl Finance 2020 DAC FRN 17/11/20321,531,1120.09
USD1,933,462Prodigy Finance CM2021-1 DAC ‘Series 2021-1A A’ ‘144A’ FRN 25/7/20511,928,3430.11
EUR240,100River Green Finance 2020 DAC FRN 22/1/2032268,6360.02
EUR460,600River Green Finance 2020 DAC FRN 22/1/2032515,8680.03
EUR700,000SCF Rahoituspalvelut IX DAC FRN 25/10/2030786,3270.04
USD2,850,000SMBC Aviation Capital Finance DAC ‘144A’1.9% 15/10/20262,719,5360.15
USD605,000SMBC Aviation Capital Finance DAC ‘144A’2.3% 15/6/2028566,4060.03
GBP1,330,230Taurus 2021-1 UK DAC FRN 17/5/20311,785,1310.10
GBP321,638Taurus 2021-1 UK DAC FRN 17/5/2031430,5820.02
GBP262,075Taurus 2021-1 UK DAC FRN 17/5/2031352,0310.02
GBP719,081Taurus 2021-4 UK DAC FRN 17/8/2031957,3240.05
GBP296,533Taurus 2021-4 UK DAC FRN 17/8/2031392,7280.02
USD251,000Virgin Media Vendor Financing Notes IV DAC ‘144A’5% 15/7/2028239,3520.01
45,323,8352.55
イスラエル
USD515,000Bank Leumi Le-Israel BM ‘144A’ FRN 29/1/2031493,5950.03
USD300,000Energean Israel Finance Ltd ‘144A’4.5% 30/3/2024293,6250.02
USD265,000Israel Government International Bond 2.75% 3/7/2030270,1350.01
USD364,706Leviathan Bond Ltd ‘144A’ 5.75% 30/6/2023367,8050.02
1,425,1600.08
イタリア
EUR440,000ACEA SpA 28/9/2025 (Zero Coupon)482,1560.03
EUR910,000ASTM SpA 1% 25/11/2026*987,6070.05
EUR1,120,000Autoflorence 2 Srl 0.139% 24/12/20441,263,1320.07
EUR608,000Autoflorence 2 Srl 0.189% 24/12/2044676,8900.04
EUR414,000Autoflorence 2 Srl 0.589% 24/12/2044459,3050.02
EUR222,000Autoflorence 2 Srl 1.789% 24/12/2044250,4700.01
EUR143,000Brignole Co 2021 SRL FRN 24/7/2036159,2930.01
EUR100,000Brignole Co 2021 SRL FRN 24/7/2036111,4500.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
イタリア(続き)
EUR270,000FCA Bank SpA/Ireland 16/4/2024 (Zero Coupon)299,3750.02
EUR180,000FCA Bank SpA/Ireland 0.125% 16/11/2023201,6240.01
EUR620,000FCA Bank SpA/Ireland 0.5% 18/9/2023698,7680.04
EUR459,711Progetto Quinto SRL FRN 27/10/2036516,3870.03
EUR599,000Red & Black Auto Italy Srl 2.285% 28/12/2031670,0390.04
EUR320,000Snam SpA 15/8/2025 (Zero Coupon)349,7720.02
USD310,000Telecom Italia SpA/Milano ‘144A’5.303% 30/5/2024317,6730.02
USD1,165,000UniCredit SpA ‘144A’ FRN 22/9/20261,113,8410.06
EUR1,180,000UniCredit SpA 6.95% 31/10/2022*1,384,1330.08
9,941,9150.56
日本
EUR621,000Asahi Group Holdings Ltd 0.01% 19/4/2024*690,3460.04
EUR290,000Asahi Group Holdings Ltd 0.155% 23/10/2024321,8290.02
EUR1,045,000Mizuho Financial Group Inc 0.523% 10/6/20241,172,6240.07
EUR185,000Nissan Motor Co Ltd 2.652% 17/3/2026216,4460.01
USD2,671,000Nissan Motor Co Ltd ‘144A’ 3.043% 15/9/20232,692,3180.15
USD2,697,000Nissan Motor Co Ltd ‘144A’ 3.522% 17/9/20252,720,5030.15
USD1,320,000Nissan Motor Co Ltd ‘144A’ 4.345% 17/9/20271,349,6000.08
USD270,000Nissan Motor Co Ltd 4.345% 17/9/2027276,0550.02
USD1,010,000Sumitomo Mitsui Financial Group Inc 2.174% 14/1/2027979,3620.05
10,419,0830.59
ジャージー
USD2,455,000Aptiv Plc / Aptiv Corp 2.396% 18/2/20252,447,3830.14
USD433,000Galaxy Pipeline Assets Bidco Ltd 2.94% 30/9/2040398,3600.02
EUR1,230,000Heathrow Funding Ltd 1.5% 12/10/20251,400,5740.08
4,246,3170.24
リベリア
USD251,000Royal Caribbean Cruises Ltd ‘144A’5.5% 31/8/2026248,4900.01
USD131,000Royal Caribbean Cruises Ltd ‘144A’9.125% 15/6/2023137,1830.01
385,6730.02
ルクセンブルグ
USD565,000Altice Financing SA ‘144A’ 5% 15/1/2028513,8190.03
EUR460,000Becton Dickinson Euro Finance Sarl 1.208% 4/6/2026519,5890.03
EUR355,000BL Consumer Credit 2021 FRN 25/9/2038397,3560.02
EUR1,897,000BL Consumer Credit 2021 FRN 25/9/20382,148,5690.12
EUR681,000BL Consumer Credit 2021 FRN 25/9/2038762,1120.04
EUR528,000BL Consumer Credit 2021 FRN 25/9/2038589,3730.03
USD310,000Camelot Finance SA ‘144A’ 4.5% 1/11/2026310,6220.02
USD210,000EIG Pearl Holdings Sarl ‘144A’ 3.545% 31/8/2036206,0630.01
USD565,000EIG Pearl Holdings Sarl ‘144A’ 4.387% 30/11/2046552,2310.03
EUR700,000FACT Master SA FRN 20/7/2028772,7540.04
USD160,000Gol Finance SA ‘144A’ 7% 31/1/2025144,5940.01
USD200,000Herens Holdco Sarl ‘144A’ 4.75% 15/5/2028187,3340.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
ルクセンブルグ(続き)
EUR370,000Highland Holdings Sarl 0.318% 15/12/2026400,0220.02
EUR405,000Holcim Finance Luxembourg SA 0.125% 19/7/2027427,3530.03
EUR665,000Medtronic Global Holdings SCA 2/12/2022 (Zero Coupon)747,6600.04
EUR483,000Medtronic Global Holdings SCA 15/10/2025 (Zero Coupon)528,2540.03
EUR635,000Medtronic Global Holdings SCA 0.375% 7/3/2023715,2460.04
USD300,000Millicom International Cellular SA ‘144A’ 4.5% 27/4/2031279,6640.02
USD387,000Millicom International Cellular SA ‘144A’ 5.125% 15/1/2028379,1720.02
USD446,000Nexa Resources SA ‘144A’ 5.375% 4/5/2027447,5690.03
USD200,000Puma International Financing SA 5.125% 6/10/2024197,5000.01
EUR699,752SC Germany SA Compartment Consumer 2020-1 FRN 14/11/2034791,6620.05
EUR1,312,035SC Germany SA Compartment Consumer 2020-1 FRN 14/11/20341,480,1590.08
EUR524,814SC Germany SA Compartment Consumer 2020-1 FRN 14/11/2034596,7040.03
EUR1,515,000SIG Combibloc PurchaseCo Sarl 1.875% 18/6/2023*1,711,5450.10
EUR270,000SIG Combibloc PurchaseCo Sarl 2.125% 18/6/2025305,2260.02
EUR605,000Simon International Finance SCA 1.375% 18/11/2022684,4900.04
USD200,000Telenet Finance Luxembourg Notes Sarl ‘144A’ 5.5% 1/3/2028200,0000.01
EUR500,000Traton Finance Luxembourg SA 14/6/2024 (Zero Coupon)554,5880.03
EUR500,000Traton Finance Luxembourg SA 0.125% 10/11/2024553,5250.03
EUR900,000Traton Finance Luxembourg SA 0.125% 24/3/2025*991,7790.06
USD200,000Usiminas International Sarl ‘144A’ 5.875% 18/7/2026204,9820.01
19,301,5161.09
モーリシャス
USD200,000CA Magnum Holdings ‘144A’ 5.375% 31/10/2026201,6500.01
USD477,000Greenko Mauritius Ltd 6.25% 21/2/2023481,7700.03
USD243,375India Cleantech Energy ‘144A’ 4.7% 10/8/2026238,5460.01
USD250,000India Green Energy Holdings ‘144A’ 5.375% 29/4/2024252,1880.02
1,174,1540.07
メキシコ
USD200,000BBVA Bancomer SA/Texas FRN 18/1/2033192,3600.01
USD150,000Coca-Cola Femsa SAB de CV 1.85% 1/9/2032130,4800.01
USD221,000Comision Federal de Electricidad ‘144A’ 4.688% 15/5/2029218,2380.01
USD200,000Grupo KUO SAB De CV ‘144A’ 5.75% 7/7/2027201,6420.01
USD200,000Industrias Penoles SAB de CV ‘144A’ 4.75% 6/8/2050188,6260.01
USD200,000Kimberly-Clark de Mexico SAB de CV ‘144A’ 2.431% 1/7/2031183,4380.01
USD550,000Mexico City Airport Trust ‘144A’ 4.25% 31/10/2026560,3130.03
USD648,000Mexico Government International Bond 2.659% 24/5/2031591,6240.03
USD437,000Mexico Government International Bond 3.25% 16/4/2030423,0160.03
USD380,000Mexico Government International Bond 4.125% 21/1/2026402,6100.02


保有高銘柄時価
(米ドル)		純資産比率
(%)
メキシコ(続き)
USD200,000Mexico Government International Bond 4.75% 27/4/2032212,4000.01
USD1,636,000Petroleos Mexicanos 5.95% 28/1/2031*1,519,8440.09
USD758,000Petroleos Mexicanos ‘144A’ 6.7% 16/2/2032731,6970.04
USD450,000Petroleos Mexicanos 6.875% 4/8/2026475,8750.03
USD200,000Trust Fibra Uno ‘144A’5.25% 30/1/2026207,7840.01
6,239,9470.35
モンゴル
USD200,000Mongolia Government International Bond 5.125% 7/4/2026199,0000.01
モロッコ
USD280,000Morocco Government International Bond ‘144A’ 2.375% 15/12/2027257,9500.02
USD697,000Morocco Government International Bond ‘144A’3% 15/12/2032610,7460.03
868,6960.05
オランダ
EUR600,000Bayer Capital Corp BV 1.5% 26/6/2026683,1870.04
EUR890,000BMW Finance NV 14/4/2023 (Zero Coupon)1,000,3230.06
EUR490,000Conti-Gummi Finance BV 1.125% 25/9/2024557,0280.03
EUR1,115,000Digital Dutch Finco BV 0.625% 15/7/20251,231,1820.07
EUR650,144Domi 2021-1 BV FRN 15/6/2053730,4490.04
EUR1,288,628Dutch Property Finance 2020-2 BV FRN 28/1/20581,453,2260.08
EUR290,000Dutch Property Finance 2020-2 BV FRN 28/1/2058328,8690.02
EUR740,000Dutch Property Finance 2021-1 BV FRN 28/7/2058831,1030.05
EUR2,578,030Dutch Property Finance 2021-1 BV FRN 28/7/20582,904,3710.16
EUR1,191,141Dutch Property Finance 2021-2 BV 0.146% 28/4/20591,341,1330.08
EUR820,000Dutch Property Finance 2021-2 BV 0.246% 28/4/2059911,4900.05
EUR504,000Dutch Property Finance 2021-2 BV 0.496% 28/4/2059563,1880.03
EUR275,000E.ON International Finance BV 0.75% 30/11/2022310,1720.02
EUR1,155,000Enel Finance International NV 17/6/2024 (Zero Coupon)1,282,0650.07
USD1,775,000Enel Finance International NV ‘144A’1.375% 12/7/20261,662,0080.09
USD520,000Equate Petrochemical BV 4.25% 3/11/2026539,0630.03
USD197,000Greenko Dutch BV 3.85% 29/3/2026192,0750.01
EUR700,000Heimstaden Bostad Treasury BV 0.25% 13/10/2024772,6450.04
EUR1,300,000ING Bank NV FRN 8/4/20221,459,8040.08
EUR500,000ING Groep NV FRN 3/9/2025549,6730.03
USD900,000ING Groep NV FRN 1/4/2027856,7570.05
EUR800,000ING Groep NV 1% 20/9/2023909,0340.05
EUR1,058,000Jubilee Place 17/1/2059 (Zero Coupon)1,195,0500.07
EUR407,000Jubilee Place 17/1/2059 (Zero Coupon)455,3590.03
EUR201,000Jubilee Place 17/1/2059 (Zero Coupon)226,1340.01
EUR562,534Jubilee Place 2020-1 BV FRN 17/10/2057636,2230.04
EUR780,596Jubilee Place 2021-1 BV FRN 17/7/2058880,6600.05


保有高銘柄時価
(米ドル)		純資産比率
(%)
オランダ(続き)
EUR149,940Magoi 2019 BV FRN 27/7/2039168,1640.01
EUR450,000Mercedes-Benz International Finance BV 0.25% 6/11/2023505,6270.03
USD253,000Mong Duong Finance Holdings BV 5.125% 7/5/2029222,7630.01
USD120,000NXP BV / NXP Funding LLC / NXP USA Inc ‘144A’ 2.7% 1/5/2025120,5020.01
USD1,500,000NXP BV / NXP Funding LLC / NXP USA Inc ‘144A’ 3.875% 18/6/20261,570,3050.09
EUR200,000Redexis Gas Finance BV 1.875% 28/5/2025230,6930.01
USD359,000Sensata Technologies BV ‘144A’ 5% 1/10/2025370,2030.02
EUR935,000Siemens Financieringsmaatschappij NV 0.375% 6/9/20231,056,0430.06
EUR665,000Stellantis NV 3.375% 7/7/2023772,2860.04
EUR410,000Toyota Motor Finance Netherlands BV 27/10/2025 (Zero Coupon)448,8430.02
USD511,000Trivium Packaging Finance BV ‘144A’ 5.5% 15/8/2026512,8520.03
EUR1,130,000Upjohn Finance BV 0.816% 23/6/2022*1,271,4620.07
USD268,000VEON Holdings BV ‘144A’ 3.375% 25/11/2027100,5000.01
USD440,000VEON Holdings BV ‘144A’ 4% 9/4/2025165,0000.01
EUR720,000Viterra Finance BV 0.375% 24/9/2025781,6010.04
EUR1,000,000Vonovia Finance BV 0.125% 6/4/20231,122,5160.06
EUR400,000Vonovia Finance BV 1.625% 7/4/2024456,9580.03
USD194,000Ziggo Bond Co BV ‘144A’ 6% 15/1/2027197,3970.01
34,535,9861.94
オマーン
USD200,000Oman Government International Bond 7.375% 28/10/2032222,7500.01
USD467,000OQ SAOC ‘144A’5.125% 6/5/2028466,3290.03
689,0790.04
パナマ
USD479,000Aeropuerto Internacional de Tocumen SA ‘144A’4% 11/8/2041440,4620.03
USD225,000Aeropuerto Internacional de Tocumen SA ‘144A’5.125% 11/8/2061206,1760.01
USD250,000Banco Latinoamericano de Comercio Exterior SA ‘144A’ 2.375% 14/9/2025245,5680.01
USD295,000Banco Nacional de Panama ‘144A’2.5% 11/8/2030259,9980.01
USD409,000Carnival Corp ‘144A’4% 1/8/2028392,0740.02
USD458,000Carnival Corp ‘144A’5.75% 1/3/2027447,6950.03
USD285,000Carnival Corp ‘144A’10.5% 1/2/2026321,0140.02
USD670,000Panama Government International Bond 3.875% 17/3/2028688,9910.04
3,001,9780.17
パラグアイ
USD459,000Paraguay Government International Bond ‘144A’ 2.739% 29/1/2033400,3270.02
USD959,000Paraguay Government International Bond ‘144A’ 4.95% 28/4/2031*996,9070.06
USD566,000Paraguay Government International Bond 5% 15/4/2026591,0680.03
1,988,3020.11


保有高銘柄時価
(米ドル)		純資産比率
(%)
ペルー
USD155,000Banco de Credito del Peru ‘144A’ FRN 1/7/2030147,2190.01
USD200,000InRetail Consumer ‘144A’ 3.25% 22/3/2028188,2500.01
USD230,000Peruvian Government International Bond 1.862% 1/12/2032195,8310.01
USD540,000Peruvian Government International Bond 2.392% 23/1/2026529,0150.03
USD95,000Peruvian Government International Bond 3% 15/1/203487,1150.01
USD198,000Peruvian Government International Bond 3.3% 11/3/2041175,9720.01
USD477,000SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA ‘144A’3.5% 2/8/2028438,2150.02
1,761,6170.10
フィリピン
USD1,235,000Philippine Government International Bond 3.75% 14/1/2029*1,289,0310.07
ポーランド
USD200,000Canpack SA / Canpack US LLC ‘144A’3.125% 1/11/2025196,2990.01
ポルトガル
EUR278,552Ares Lusitani-STC SA / Pelican Finance 2 1.706% 25/1/2035312,0830.02
EUR1,207,058Ares Lusitani-STC SA / Pelican Finance 2 3.706% 25/1/20351,359,1240.08
EUR800,000TAGUS - Sociedade de Titularizacao de Creditos SA/Ulisses Finance No. 2 2.294% 23/9/2038890,3930.05
EUR1,500,000TAGUS - Sociedade de Titularizacao de Creditos SA/Viriato Finance No 1 0.135% 28/10/20401,690,3740.10
EUR200,000TAGUS - Sociedade de Titularizacao de Creditos SA/Viriato Finance No 1 0.385% 28/10/2040221,3330.01
EUR700,000TAGUS - Sociedade de Titularizacao de Creditos SA/Viriato Finance No 1 0.985% 28/10/2040771,6070.04
5,244,9140.30
カタール
USD352,000Qatar Energy ‘144A’3.3% 12/7/2051332,6400.02
USD580,000Qatar Government International Bond ‘144A’4% 14/3/2029631,8370.03
USD785,000Qatar Government International Bond 4.5% 23/4/2028871,8410.05
1,836,3180.10
ルーマニア
USD702,000Romanian Government International Bond ‘144A’3% 14/2/2031645,8400.03
USD340,000Romanian Government International Bond ‘144A’ 3.625% 27/3/2032322,1500.02
967,9900.05
ロシア連邦
USD400,000Russian Foreign Bond - Eurobond 4.25% 23/6/2027120,0000.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
サウジアラビア
USD865,000Saudi Arabian Oil Co ‘144A’ 2.875% 16/4/2024875,8120.05
USD215,000Saudi Government International Bond 3.25% 26/10/2026223,3310.01
USD200,000Saudi Government International Bond 3.625% 4/3/2028211,5000.01
USD200,000Saudi Government International Bond 4% 17/4/2025210,8000.01
USD570,000Saudi Government International Bond ‘144A’4.375% 16/4/2029631,9880.04
2,153,4310.12
シンガポール
USD360,000BOC Aviation Ltd 3.5% 18/9/2027368,1560.02
USD470,000BPRL International Singapore Pte Ltd 4.375% 18/1/2027477,2510.03
USD200,000Global Prime Capital Pte Ltd 5.95% 23/1/2025200,0000.01
USD465,000Oil India International Pte Ltd 4% 21/4/2027473,3010.02
USD473,000ONGC Videsh Vankorneft Pte Ltd 3.75% 27/7/2026481,7520.03
2,000,4600.11
南アフリカ
USD230,000Republic of South Africa Government International Bond 4.875% 14/4/2026235,9970.02
USD253,000Republic of South Africa Government International Bond 5.75% 30/9/2049218,2940.01
454,2910.03
韓国
USD520,000Hyundai Capital Services Inc 3.625% 29/8/2027540,1760.03
USD450,000Kia Corp 1.75% 16/10/2026432,0900.03
USD350,000Mirae Asset Securities Co Ltd 1.375% 7/7/2024340,2810.02
USD420,000Mirae Asset Securities Co Ltd 2.625% 30/7/2025417,5000.02
1,730,0470.10
スペイン
EUR800,000Autonoria Spain 2021 FT FRN 31/1/2039896,7020.05
EUR500,000Autonoria Spain 2021 FT FRN 31/1/2039559,9750.03
EUR200,000Autonoria Spain 2021 FT FRN 31/1/2039224,0110.01
EUR1,000,000Autonoria Spain 2021 FT FRN 31/1/20391,131,4190.07
EUR200,000Autonoria Spain 2021 FT FRN 31/1/2039224,0590.01
EUR500,000Banco de Sabadell SA FRN 7/11/2025551,5800.03
EUR200,000Banco de Sabadell SA FRN 11/3/2027221,5170.01
USD600,000Banco Santander SA FRN 14/9/2027564,0880.03
USD3,600,000Banco Santander SA 1.849% 25/3/20263,433,6190.19
USD1,600,000Banco Santander SA 2.746% 28/5/20251,596,2240.09
EUR486,301FT Santander Consumer Spain Auto 2020-1 FRN 20/3/2033549,7710.03
EUR416,829FT Santander Consumer Spain Auto 2020-1 FRN 20/3/2033469,7430.03
EUR208,415FT Santander Consumer Spain Auto 2020-1 FRN 20/3/2033236,5340.02
EUR347,358FT Santander Consumer Spain Auto 2020-1 3.5% 20/3/2033394,9540.02
EUR800,000Merlin Properties Socimi SA 1.875% 2/11/2026913,9900.05
11,968,1860.67


保有高銘柄時価
(米ドル)		純資産比率
(%)
スウェーデン
USD1,600,000Svenska Handelsbanken AB ‘144A’ FRN 11/6/20271,517,6500.09
EUR241,000Volvo Treasury AB 11/2/2023 (Zero Coupon)270,5350.01
1,788,1850.10
スイス
USD2,830,000Credit Suisse Group AG ‘144A’ FRN 2/2/20272,626,7410.15
EUR875,000UBS AG/London 0.75% 21/4/2023989,5670.06
EUR715,000UBS Group AG FRN 29/1/2026787,0350.04
USD3,220,000UBS Group AG ‘144A’ FRN 10/8/20273,023,4070.17
7,426,7500.42
タイ
USD200,000Krung Thai Bank PCL/Cayman Islands FRN 25/3/2026 (Perpetual)192,5000.01
USD650,000PTTEP Treasury Center Co Ltd 2.587% 10/6/2027643,5000.04
836,0000.05
ウクライナ
USD250,000Ukraine Government International Bond 8.994% 1/2/2024*95,0000.00
USD339,000Ukraine Government International Bond 9.75% 1/11/2028116,9550.01
211,9550.01
英国
USD200,000Antofagasta Plc ‘144A’2.375% 14/10/2030178,7080.01
GBP100,000Atlas Funding 2021-1 Plc FRN 25/7/2058135,3940.01
GBP100,000Atlas Funding 2021-1 Plc FRN 25/7/2058134,4060.01
GBP100,000Atlas Funding 2021-1 Plc FRN 25/7/2058135,3980.01
GBP578,059Atlas Funding 2021-1 Plc FRN 25/7/2058778,5600.04
GBP379,397Azure Finance No 2 Plc FRN 20/7/2030509,6190.03
GBP1,699,000Azure Finance No 2 Plc FRN 20/7/20302,310,7020.13
EUR500,000Barclays Plc FRN 2/4/2025590,4730.03
USD235,000Barclays Plc FRN 7/5/2025240,8340.01
GBP202,000Barley Hill NO 2 Plc 27/8/2058 (Zero Coupon)271,2410.02
GBP115,000Barley Hill NO 2 Plc 27/8/2058 (Zero Coupon)154,4190.01
EUR545,000BAT International Finance Plc 0.875% 13/10/2023*615,6970.03
USD1,000,000BAT International Finance Plc 1.668% 25/3/2026944,6820.05
GBP1,945,442Brass No 10 Plc FRN 16/4/20692,609,2270.15
GBP1,332,000Canada Square Funding 17/1/2059 (Zero Coupon)1,785,7460.10
GBP318,000Canada Square Funding 17/1/2059 (Zero Coupon)427,5360.02
GBP178,000Canada Square Funding 17/1/2059 (Zero Coupon)239,1930.01
GBP431,000Canada Square Funding 17/1/2059 (Zero Coupon)579,0260.03
GBP348,000Canada Square Funding 2021-2 Plc FRN 17/6/2058468,3600.03
GBP102,000Canada Square Funding 2021-2 Plc FRN 17/6/2058135,2820.01
GBP105,000CMF 2020-1 Plc FRN 16/1/2057140,2940.01
GBP220,000CMF 2020-1 Plc FRN 16/1/2057294,8230.02
GBP573,238CMF 2020-1 Plc ‘Series 2020-1 A’ FRN 16/1/2057770,2520.04
GBP700,000Dowson 2021-2 Plc ‘Series 2021-2 B’ FRN 20/10/2028937,1450.05
GBP1,130,318Dowson 2021-2 Plc 0.962% 20/10/20281,517,9130.09


保有高銘柄時価
(米ドル)		純資産比率
(%)
英国(続き)
GBP800,000Dowson 2021-2 Plc 1.882% 20/10/20281,071,3830.06
GBP246,500Economic Master Issuer 2020-1 Plc FRN 25/6/2072331,3210.02
GBP577,000Economic Master Issuer Plc FRN 25/6/2073773,2810.04
USD200,000eG Global Finance Plc ‘144A’ 6.75% 7/2/2025198,9770.01
GBP1,248,645Elvet Mortgages 2020-1 Plc FRN 22/3/20651,682,2970.09
GBP1,035,122Elvet Mortgages 2021-1 Plc 0.567% 22/10/20631,390,2510.08
GBP828,000Finsbury Square FRN 16/12/20671,108,6540.06
GBP1,045,000Finsbury Square FRN 16/12/20671,396,6640.08
GBP953,356Finsbury Square FRN 16/12/20671,270,9320.07
GBP495,366Finsbury Square 2020-1 Plc FRN 16/3/2070664,7130.04
GBP224,959Finsbury Square 2020-1 Plc FRN 16/3/2070301,7980.02
GBP254,735Finsbury Square 2020-2 Plc FRN 16/6/2070343,9240.02
GBP371,000Finsbury Square 2021-2 Plc 16/12/2071 (Zero Coupon)496,5360.03
GBP730,000Finsbury Square 2021-2 Plc 16/12/2071 (Zero Coupon)979,6250.05
GBP1,622,000Finsbury Square 2021-2 Plc 16/12/2071 (Zero Coupon)2,174,9480.12
GBP201,000Finsbury Square 2021-2 Plc 16/12/2071 (Zero Coupon)270,4550.02
USD280,000Fresnillo Plc ‘144A’ 4.25% 2/10/2050255,4150.01
GBP1,326,902Gemgarto 2021-1 Plc FRN 16/12/20671,781,2360.10
GBP668,000Gemgarto 2021-1 Plc FRN 16/12/2067890,6830.05
GBP218,000Gemgarto 2021-1 Plc FRN 16/12/2067290,6820.02
GBP1,432,013Gemgarto 2021-1 Plc 5.049% 16/12/20671,922,8350.11
USD719,994Gosforth Funding 2018-1 plc ‘Series 2018-1A A1’ ‘144A’ FRN 25/8/2060720,6710.04
GBP441,000Harben Finance 28/9/2055 (Zero Coupon)583,5260.03
GBP730,000Harben Finance 28/9/2055 (Zero Coupon)965,7680.05
GBP1,309,000Harben Finance 28/9/2055 (Zero Coupon)1,725,2880.10
GBP199,992Hops Hill No 1 Plc FRN 2 7/5/2054270,9590.02
GBP99,997Hops Hill No 1 Plc FRN 27/5/2054135,5430.01
GBP662,782Hops Hill No 1 Plc FRN 27/5/2054893,4330.05
GBP124,993Hops Hill No 1 Plc FRN 27/5/2054169,4890.01
EUR1,200,000Informa Plc 1.5% 5/7/20231,363,0530.08
EUR2,255,000Informa Plc 2.125% 6/10/20252,585,5490.15
GBP2,641,699Jupiter Mortgage NO 1 Plc FRN 20/7/20603,548,3440.20
GBP268,000Lanark Master Issuer Plc ‘Series 2020-1A 2A’ ‘144A’ FRN 22/12/2069361,0130.02
GBP630,000Lanebrook Mortgage Transaction 2020-1 Plc FRN 12/6/2057853,5470.05
GBP370,000Lanebrook Mortgage Transaction 2020-1 Plc FRN 12/6/2057498,4330.03
GBP1,649,029Lanebrook Mortgage Transaction 2020-1 Plc FRN 12/6/20572,223,1240.12
GBP547,131Lanebrook Mortgage Transaction 2021-1 Plc 0.732% 20/7/2058730,4850.04
GBP266,000Lanebrook Mortgage Transaction 2021-1 Plc 1.032% 20/7/2058353,7720.02
GBP159,000Lanebrook Mortgage Transaction 2021-1 Plc 1.332% 20/7/2058213,7890.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
英国(続き)
GBP103,000Lanebrook Mortgage Transaction 2021-1 Plc 1.732% 20/7/2058136,5310.01
USD1,095,000Lloyds Banking Group Plc FRN 15/6/20231,093,6190.06
GBP468,927London Wall Mortgage Capital Plc FRN 15/5/2051627,4700.04
GBP487,434London Wall Mortgage Capital Plc 0.966% 15/5/2052653,5750.04
GBP305,000Mortimer BTL 2021-1 Plc FRN 23/6/2053403,7560.02
GBP108,000Mortimer BTL 2021-1 Plc FRN 23/6/2053141,0510.01
EUR600,000National Grid Electricity Transmission Plc 0.19% 20/1/2025665,3850.04
USD1,780,000NatWest Group Plc FRN 22/5/20241,786,1100.10
USD3,025,000NatWest Group Plc FRN 14/6/20272,854,7810.16
USD2,650,000NatWest Group Plc 3.875% 12/9/20232,712,2230.15
EUR900,000NatWest Markets Plc 0.125% 18/6/2026964,6120.05
USD1,810,000NatWest Markets Plc ‘144A’ 1.6% 29/9/20261,713,6870.10
GBP954,000Newday Funding Master Issuer Plc - Series 2021-1 FRN 15/3/20291,284,2900.07
GBP775,000Newday Funding Master Issuer Plc - Series 2021-1 FRN 15/3/20291,043,5720.06
GBP735,000Newday Funding Master Issuer Plc - Series 2021-3 1.139% 15/11/2029986,2600.06
GBP404,000Newday Funding Master Issuer Plc - Series 2021-3 1.589% 15/11/2029541,4140.03
GBP1,816,069Oat Hill NO 2 Plc FRN 27/5/20462,437,5620.14
GBP156,727Orbita Funding 2020-1 Plc FRN 17/3/2027210,5140.01
GBP230,000PCL Funding IV Plc FRN 15/9/2024308,7150.02
GBP1,095,000PCL Funding IV Plc FRN 15/9/20241,471,8130.08
GBP605,000PCL Funding IV Plc FRN 15/9/2024813,8130.05
GBP424,000PCL Funding V Plc FRN 15/10/2025566,5420.03
GBP115,000PCL Funding V Plc FRN 15/10/2025153,6710.01
GBP580,000PCL Funding V Plc ‘Series 2021-1 A’ FRN 15/10/2025778,3410.04
GBP1,355,000Pierpont BTL 2021-1 Plc 22/12/2053 (Zero Coupon)1,828,3660.10
GBP984,000Pierpont BTL 2021-1 Plc 22/12/2053 (Zero Coupon)1,321,1270.07
GBP307,000Polaris 2022-1 Plc 23/10/2059 (Zero Coupon)411,8720.02
GBP538,000Polaris 2022-1 Plc 23/10/2059 (Zero Coupon)721,7820.04
GBP421,000Polaris 2022-1 Plc 23/10/2059 (Zero Coupon)564,7440.03
GBP1,260,000Polaris 2022-1 Plc 23/10/2059 (Zero Coupon)1,690,2080.09
GBP2,265,000Precise Mortgage Funding 2019-1B Plc FRN 12/12/20553,060,0790.17
GBP100,000Precise Mortgage Funding 2020-1B Plc FRN 16/10/2056133,4860.01
GBP100,000Precise Mortgage Funding 2020-1B Plc FRN 16/10/2056134,0950.01
GBP115,000Precise Mortgage Funding 2020-1B Plc FRN 16/10/2056155,2350.01
GBP852,218Residential Mortgage Securities 32 Plc FRN 20/6/20701,151,0440.06
GBP525,000Residential Mortgage Securities 32 Plc FRN 20/6/2070712,0340.04
GBP358,981RMAC Securities No 1 Plc ‘Series 2007-NS1X A2A’ FRN 12/6/2044462,1900.03
USD322,000Rolls-Royce Plc ‘144A’5.75% 15/10/2027335,6330.02
GBP535,000Sage AR Funding No 1 Plc FRN 17/11/2030716,4480.04


保有高銘柄時価
(米ドル)		純資産比率
(%)
英国(続き)
GBP905,000Sage AR Funding No 1 Plc FRN 17/11/20301,216,2070.07
GBP385,000Sage AR Funding No 1 Plc FRN 17/11/2030516,6960.03
USD2,235,000Santander UK Group Holdings Plc FRN 5/1/20242,260,8910.13
GBP901,902Satus 2021-1 Plc 0.952% 17/8/20281,209,9510.07
GBP605,000Satus 2021-1 Plc 1.452% 17/8/2028809,6640.05
GBP743,000Satus 2021-1 Plc 1.852% 17/8/2028987,9040.06
GBP122,000Satus 2021-1 Plc 2.152% 17/8/2028162,8820.01
GBP247,000Satus 2021-1 Plc 3.452% 17/8/2028330,8290.02
GBP6,386,112Silk Road Finance Number Six Plc FRN 21/9/20678,622,1930.48
GBP916,000Silverstone Master Issuer Plc 21/1/2070 (Zero Coupon)1,230,4810.07
GBP1,745,000Silverstone Master Issuer Plc ‘Series 2020-1A 1A’ ‘144A’ FRN 21/1/20702,346,2740.13
USD625,000Standard Chartered Plc ‘144A’ FRN 12/1/2025605,4650.03
GBP589,634Together Asset Backed Securitisation 2021-1st1 Plc 0.774% 12/7/2063787,2580.04
GBP156,000Together Asset Backed Securitisation 2021-1st1 Plc 1.024% 12/7/2063208,2810.01
GBP107,000Together Asset Backed Securitisation 2021-1st1 Plc 1.324% 12/7/2063142,8800.01
GBP115,000Tower Bridge Funding 2020-1 Plc FRN 20/9/2063156,5040.01
GBP145,000Tower Bridge Funding 2020-1 Plc FRN 20/9/2063196,7430.01
GBP1,060,000Tower Bridge Funding 2020-1 Plc FRN 20/9/20631,437,3180.08
GBP749,502Tower Bridge Funding 2020-1 Plc FRN 20/9/20631,012,5190.06
GBP364,999Tower Bridge Funding 2021-1 Plc FRN 21/7/2064490,7770.03
GBP2,065,901Tower Bridge Funding 2021-1 Plc FRN 21/7/20642,777,8740.16
GBP253,000Tower Bridge Funding 2021-1 Plc FRN 21/7/2064339,5420.02
GBP381,999Tower Bridge Funding 2021-1 Plc FRN 21/7/2064517,4800.03
GBP252,999Tower Bridge Funding 2021-2 Plc FRN 20/11/2063337,7530.02
GBP139,999Tower Bridge Funding 2021-2 Plc FRN 20/11/2063186,0630.01
GBP169,999Tower Bridge Funding 2021-2 Plc FRN 20/11/2063225,4210.01
GBP264,000Tower Bridge Funding 2022-1 Plc 20/12/2063 (Zero Coupon)355,0060.02
GBP758,000Tower Bridge Funding 2022-1 Plc ‘Series 2022-1X A’ FRN 20/12/20631,016,2530.06
GBP293,000Tower Bridge Funding 2022-1 Plc ‘Series 2022-1X B’ FRN 20/12/2063392,8830.02
GBP1,590,000Turbo Finance 9 Plc FRN 20/8/20282,142,9570.12
GBP1,118,206Turbo Finance 9 Plc FRN 20/8/20281,505,0060.08
GBP2,670,908Twin Bridges 2019-1 Plc ‘Series 2019-1 A’ FRN 12/12/20523,586,1770.20
GBP1,146,513Twin Bridges 2020-1 Plc FRN 12/12/20541,551,3860.09
GBP390,000Twin Bridges 2020-1 Plc FRN 12/12/2054527,7100.03
GBP1,145,000Twin Bridges 2020-1 Plc FRN 12/12/20541,549,6100.09
GBP225,000Twin Bridges 2020-1 Plc FRN 12/12/2054304,9010.02
GBP220,000Twin Bridges 2021-1 Plc FRN 12/3/2055295,8340.02
GBP436,000Twin Bridges 2021-1 Plc FRN 12/3/2055585,1490.03
GBP2,920,607Twin Bridges 2021-1 Plc FRN 12/3/20553,920,1590.22


保有高銘柄時価
(米ドル)		純資産比率
(%)
英国(続き)
GBP443,000Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)586,3530.03
GBP1,136,000Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)1,513,9320.09
GBP338,000Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)444,1580.02
GBP320,000Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)429,3030.02
GBP188,000Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)246,3460.01
GBP365,000Twin Bridges 2022-1 Plc 1/12/2055 (Zero Coupon)483,6760.03
GBP891,000Twin Bridges 2022-1 Plc 1/12/2055 (Zero Coupon)1,185,3010.07
GBP1,507,000Twin Bridges 2022-1 Plc 1/12/2055 (Zero Coupon)2,014,6390.11
GBP723,000Twin Bridges 2022-1 Plc 1/12/2055 (Zero Coupon)962,6340.05
GBP832,032Unique Pub Finance Co Plc/The 7.395% 28/3/20241,177,3540.07
USD200,000Vedanta Resources Finance II Plc 8% 23/4/2023187,4070.01
USD200,000Vedanta Resources Finance II Plc 13.875% 21/1/2024204,1670.01
EUR530,000Virgin Money UK Plc FRN 27/5/2024593,7500.03
EUR314,000WPP Finance 2013 3% 20/11/2023368,8460.02
149,691,7238.42
米国
USD9,023,0001211 Avenue of the Americas Trust 2015-1211 ‘Series 2015-1211 A1A2’ ‘144A’ 3.901% 10/8/20359,274,6390.52
USD2,145,000225 Liberty Street Trust 2016-225L ‘Series 2016-225L A’ ‘144A’ 3.597% 10/2/20362,180,6190.12
USD2,438,0007-Eleven Inc ‘144A’ 0.8% 10/2/20242,377,9760.13
USD1,165,0007-Eleven Inc ‘144A’ 0.95% 10/2/20261,090,1470.06
EUR320,000AbbVie Inc 1.25% 1/6/2024365,3560.02
EUR1,305,000AbbVie Inc 1.5% 15/11/20231,496,2420.08
USD2,450,000AbbVie Inc 2.95% 21/11/20262,481,1490.14
USD117,000AdaptHealth LLC ‘144A’ 6.125% 1/8/2028116,8860.01
USD79,000ADT Security Corp/The 4.125% 15/6/202380,2240.00
USD302,000Aethon United BR LP / Aethon United Finance Corp ‘144A’ 8.25% 15/2/2026317,3840.02
USD79,000Affinity Gaming ‘144A’ 6.875% 15/12/202777,7500.00
USD1,185,000Air Lease Corp 1.875% 15/8/20261,114,5600.06
USD855,000Air Lease Corp 2.625% 1/7/2022859,0140.05
USD521,000Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC ‘144A’ 4.625% 15/1/2027522,7900.03
USD1,905,000Alexander Funding Trust ‘144A’ 1.841% 15/11/20231,881,1650.11
USD712,000Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer ‘144A’ 4.25% 15/10/2027686,4850.04
USD883,000Allied Universal Holdco LLC / Allied Universal Finance Corp ‘144A’ 6.625% 15/7/2026905,9180.05
USD200,000Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl ‘144A’ 4.625% 1/6/2028190,6420.01
USD79,000AMC Networks Inc 4.75% 1/8/202578,5200.00
USD449,000American Airlines Inc ‘144A’ 11.75% 15/7/2025544,6930.03
USD251,000American Airlines Inc/AAdvantage Loyalty IP Ltd ‘144A’ 5.5% 20/4/2026257,2830.01
USD157,000American Builders & Contractors Supply Co Inc ‘144A’ 4% 15/1/2028153,4010.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
EUR700,000American International Group Inc 1.875% 21/6/2027802,1720.05
EUR400,000American Tower Corp 0.4% 15/2/2027421,4860.02
EUR1,050,000American Tower Corp 0.45% 15/1/20271,111,4980.06
USD925,000American Tower Corp 1.3% 15/9/2025882,6130.05
USD3,745,000American Tower Corp 1.6% 15/4/20263,577,3080.20
USD450,000American Tower Corp 2.4% 15/3/2025446,3070.03
USD88,000ANGI Group LLC ‘144A’ 3.875% 15/8/202878,7010.00
USD241,000Antero Midstream Partners LP / Antero Midstream Finance Corp ‘144A’ 7.875% 15/5/2026259,0230.02
USD160,000Antero Resources Corp ‘144A’ 7.625% 1/2/2029173,2070.01
USD151,000APX Group Inc ‘144A’ 6.75% 15/2/2027153,8000.01
USD225,000Aramark Services Inc ‘144A’ 5% 1/4/2025226,3860.01
USD172,000Aramark Services Inc ‘144A’ 6.375% 1/5/2025177,3610.01
USD422,000Archrock Partners LP / Archrock Partners Finance Corp ‘144A’ 6.875% 1/4/2027429,9190.02
USD274,000Arconic Corp ‘144A’ 6.125% 15/2/2028281,5730.02
EUR845,000AT&T Inc 1.05% 5/9/2023961,4190.05
USD5,035,000AT&T Inc 1.7% 25/3/20264,877,9730.27
USD322,000Avantor Funding Inc ‘144A’ 4.625% 15/7/2028326,8350.02
USD375,000Avaya Inc ‘144A’ 6.125% 15/9/2028361,5490.02
USD1,380,000Aviation Capital Group LLC ‘144A’ 1.95% 30/1/20261,308,7920.07
USD1,665,000Aviation Capital Group LLC ‘144A’ 1.95% 20/9/20261,568,2610.09
USD299,000Axalta Coating Systems LLC ‘144A’ 3.375% 15/2/2029274,5270.02
USD3,054,000Ball Corp 5.25% 1/7/20253,237,1180.18
USD12,490Banc of America Mortgage 2003-J Trust ‘Series 2003-J 2A1’ FRN 25/11/203312,2050.00
USD4,365,000Bank of America Corp FRN 4/2/20254,316,7680.24
USD2,825,000Bank of America Corp FRN 6/12/20252,737,9300.15
USD1,575,000Bank of America Corp FRN 13/2/20261,540,7650.09
USD2,694,000Bank of America Corp FRN 19/6/20262,565,6830.14
USD4,950,000Bank of America Corp FRN 24/10/20264,654,1160.26
USD2,800,000Bank of America Corp FRN 11/3/20272,661,2820.15
USD5,245,000Bank of America Corp FRN 22/7/20274,966,7430.28
USD2,935,000BAT Capital Corp 2.789% 6/9/20242,945,2520.17
USD8,120,000BAT Capital Corp 3.222% 15/8/20248,219,4740.46
USD238,000Bausch Health Americas Inc ‘144A’ 8.5% 31/1/2027242,0920.01
EUR510,000Becton Dickinson and Co 0.034% 13/8/2025556,5930.03
EUR310,000Becton Dickinson and Co 1.401% 24/5/2023352,6180.02
USD226,000Big River Steel LLC / BRS Finance Corp ‘144A’ 6.625% 31/1/2029237,0360.01
USD182,000Black Knight InfoServ LLC ‘144A’ 3.625% 1/9/2028171,8330.01
USD3,500,000Blackstone Private Credit Fund ‘144A’ 3.25% 15/3/20273,326,5290.19
USD1,965,000Blackstone Private Credit Fund ‘144A’ 4% 15/1/20291,879,4370.11
USD186,000Block Inc ‘144A’ 2.75% 1/6/2026179,9680.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD130,000Blue Racer Midstream LLC / Blue Racer Finance Corp ‘144A’ 7.625% 15/12/2025136,6710.01
USD1,500,000Boeing Co/The 2.196% 4/2/20261,450,6700.08
EUR840,000Booking Holdings Inc 0.1% 8/3/2025926,8490.05
USD327,000Booz Allen Hamilton Inc ‘144A’ 3.875% 1/9/2028318,1330.02
USD722,000Boxer Parent Co Inc ‘144A’ 7.125% 2/10/2025746,3030.04
USD2,700,000Broadcom Corp / Broadcom Cayman Finance Ltd 3.875% 15/1/20272,796,0030.16
USD5,445,000Broadcom Inc 4.7% 15/4/20255,769,7600.32
USD84,000Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL ‘144A’ 4.5% 1/4/202778,3990.00
USD77,000Buckeye Partners LP ‘144A’ 4.125% 1/3/202576,0620.00
USD155,000Buckeye Partners LP ‘144A’ 4.5% 1/3/2028145,8580.01
USD184,000BWX Technologies Inc ‘144A’ 4.125% 30/6/2028178,4410.01
USD1,130,000BX Trust 2018-BILT ‘Series 2018-BILT D’ ‘144A’ FRN 15/5/20301,107,1260.06
USD200,000Cablevision Lightpath LLC ‘144A’ 3.875% 15/9/2027186,7330.01
USD864,000Caesars Entertainment Inc ‘144A’ 6.25% 1/7/2025895,2720.05
USD269,000Caesars Resort Collection LLC / CRC Finco Inc ‘144A’5.75% 1/7/2025275,3710.02
USD85,000Calpine Corp ‘144A’ 4.625% 1/2/202979,2210.00
USD174,000Calpine Corp ‘144A’ 5.25% 1/6/2026175,9540.01
USD1,545,000Capital One Financial Corp FRN 2/11/20271,472,8010.08
USD77,000Catalent Pharma Solutions Inc ‘144A’ 5% 15/7/202778,6410.00
USD923,000CCO Holdings LLC / CCO Holdings Capital Corp ‘144A’ 5.125% 1/5/2027933,5270.05
USD2,716,387CD 2016-CD1 Mortgage Trust ‘Series 2016-CD1 ASB’ 2.622% 10/8/20492,725,1170.15
USD76,000CD&R Smokey Buyer Inc ‘144A’ 6.75% 15/7/202578,7440.00
USD384,000CDK Global Inc 4.875% 1/6/2027394,0570.02
USD4,000,000CDW LLC / CDW Finance Corp 4.125% 1/5/20254,068,2200.23
USD210,000Cedar Fair LP / Canada’s Wonderland Co / Magnum Management Corp / Millennium Op ‘144A’ 5.5% 1/5/2025216,0240.01
USD172,000Centene Corp 2.45% 15/7/2028162,3810.01
USD162,000Centennial Resource Production LLC ‘144A’ 6.875% 1/4/2027163,6190.01
USD1,379,000Charter Communications Operating LLC / Charter Communications Operating Capital 4.908% 23/7/20251,457,2200.08
USD519,000Cheniere Energy Inc 4.625% 15/10/2028523,4920.03
USD139,894CHL Mortgage Pass-Through Trust 2005-HYB8 ‘Series 2005-HYB8 2A1’ FRN 20/12/2035135,5470.01
USD80,000Chobani LLC / Chobani Finance Corp Inc ‘144A’ 4.625% 15/11/202876,6540.00
USD89,000CHS/Community Health Systems Inc ‘144A’ 5.625% 15/3/202789,5830.01
USD476,000CHS/Community Health Systems Inc ‘144A’ 8% 15/3/2026497,2580.03
EUR340,000Chubb INA Holdings Inc 0.3% 15/12/2024378,0550.02


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD498,000Churchill Downs Inc ‘144A’ 5.5% 1/4/2027506,0780.03
USD2,735,000Citigroup Commercial Mortgage Trust 2013-375P ‘Series 2013-375P A’ ‘144A’ 3.251% 10/5/20352,754,5750.16
USD4,105,233Citigroup Commercial Mortgage Trust 2013-GC11 ‘Series 2013-GC11 A3’2.815% 10/4/20464,112,3270.23
USD1,219,678Citigroup Commercial Mortgage Trust 2014-GC19 ‘Series 2014-GC19 AAB’ 3.552% 10/3/20471,238,5280.07
USD3,380,000Citigroup Commercial Mortgage Trust 2014-GC21 ‘Series 2014-GC21 A5’3.855% 10/5/20473,472,3280.20
USD5,523,941Citigroup Commercial Mortgage Trust 2015-GC29 ‘Series 2015-GC29 A3’2.935% 10/4/20485,510,2840.31
USD2,899,000Citigroup Commercial Mortgage Trust 2016-P4 ‘Series 2016-P4 A4’2.902% 10/7/20492,909,5170.16
USD3,772,282Citigroup Commercial Mortgage Trust 2016-P5 ‘Series 2016-P5 A3’2.684% 10/10/20493,731,1240.21
USD1,225,000Citigroup Inc FRN 24/7/20231,231,8860.07
USD1,340,000Citigroup Inc FRN 1/5/20251,298,6280.07
USD4,370,000Citigroup Inc FRN 8/4/20264,413,2370.25
USD6,880,000Citigroup Inc FRN 9/6/20276,471,1270.36
USD855,000Clarios Global LP / Clarios US Finance Co ‘144A’ 6.25% 15/5/2026886,0190.05
USD339,000Clarivate Science Holdings Corp ‘144A’ 3.875% 1/7/2028319,1130.02
USD800,000Clear Channel Outdoor Holdings Inc ‘144A’ 5.125% 15/8/2027796,7920.05
USD156,000Clearway Energy Operating LLC ‘144A’ 4.75% 15/3/2028155,5710.01
USD117,000CNX Resources Corp ‘144A’ 6% 15/1/2029119,2520.01
USD253,000Colgate Energy Partners III LLC ‘144A’ 7.75% 15/2/2026272,6880.02
USD921,929COMM 2013-CCRE7 Mortgage Trust ‘Series 2013-CR7 ASB’ 2.739% 10/3/2046927,0880.05
USD5,329,972COMM 2013-CCRE9 Mortgage Trust ‘Series 2013-CR9 A4’ FRN 10/7/20455,440,5380.31
USD214,724COMM 2013-LC6 Mortgage Trust ‘Series 2013-LC6 ASB’ 2.478% 10/1/2046215,1480.01
USD222,812COMM 2013-SFS Mortgage Trust ‘Series 2013-SFS A1’ ‘144A’ 1.873% 12/4/2035222,1740.01
USD3,000,000COMM 2014-277P Mortgage Trust ‘Series 2014-277P A’ ‘144A’ FRN 10/8/20493,056,8520.17
USD4,250,000COMM 2014-CCRE18 Mortgage Trust ‘Series 2014-CR18 A5’3.828% 15/7/20474,354,8040.25
USD5,134,667COMM 2014-CCRE21 Mortgage Trust ‘Series 2014-CR21 A3’3.528% 10/12/20475,224,2310.29
USD1,481,740COMM 2014-UBS3 Mortgage Trust ‘Series 2014-UBS3 ASB’ 3.367% 10/6/20471,501,8440.08
USD1,324,655COMM 2014-UBS5 Mortgage Trust ‘Series 2014-UBS5 ASB’ 3.548% 10/9/20471,346,1940.08
USD560,000COMM 2015-3BP Mortgage Trust ‘Series 2015-3BP A’ ‘144A’ 3.178% 10/2/2035565,1830.03
USD8,777,655COMM 2015-CCRE23 Mortgage Trust ‘Series 2015-CR23 XA’ FRN 10/5/2048199,8830.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD1,760,080COMM 2015-CCRE24 Mortgage Trust ‘Series 2015-CR24 ASB’ 3.445% 10/8/20481,784,1620.10
USD5,198,300COMM 2015-LC21 Mortgage Trust ‘Series 2015-LC21 A3’ 3.445% 10/7/20485,249,5720.30
USD287,000CommScope Inc ‘144A’ 6% 1/3/2026291,9960.02
USD222,000CommScope Technologies LLC ‘144A’ 6% 15/6/2025217,2230.01
USD642,000Connect Finco SARL / Connect US Finco LLC ‘144A’ 6.75% 1/10/2026652,4930.04
USD74,000Consensus Cloud Solutions Inc ‘144A’ 6.5% 15/10/202874,2760.00
USD262,000Consolidated Communications Inc ‘144A’ 6.5% 1/10/2028259,4590.02
USD175,000CoreLogic Inc ‘144A’ 4.5% 1/5/2028167,1220.01
USD306,000Crescent Energy Finance LLC ‘144A’ 7.25% 1/5/2026304,8950.02
USD102,000Crowdstrike Holdings Inc 3% 15/2/202994,7710.01
USD332,000Crown Americas LLC / Crown Americas Capital Corp VI 4.75% 1/2/2026335,7350.02
USD1,820,000Crown Castle International Corp 1.35% 15/7/20251,738,0760.10
USD466,000CrownRock LP / CrownRock Finance Inc ‘144A’ 5.625% 15/10/2025471,9650.03
USD1,645,000CSAIL 2015-C1 Commercial Mortgage Trust ‘Series 2015-C1 A4’3.505% 15/4/20501,674,9580.09
USD2,700,000CSAIL 2018-CX12 Commercial Mortgage Trust ‘Series 2018-CX12 A4’ FRN 15/8/20512,867,0890.16
USD838,000CSC Holdings LLC 5.25% 1/6/2024849,4760.05
USD110,000CTR Partnership LP / CareTrust Capital Corp ‘144A’3.875% 30/6/2028106,8170.01
USD149,000Cushman & Wakefield US Borrower LLC ‘144A’ 6.75% 15/5/2028155,9050.01
EUR375,000Danaher Corp 1.7% 30/3/2024432,9160.02
USD101,000Darling Ingredients Inc ‘144A’ 5.25% 15/4/2027103,2600.01
USD2,238,719DBGS 2018-BIOD Mortgage Trust ‘Series 2018-BIOD A’ ‘144A’ FRN 15/5/20352,224,3990.13
USD1,500,000DBJPM 16-C3 Mortgage Trust ‘Series 2016-C3 A4’2.632% 10/8/20491,488,3610.08
USD2,076,000DBWF 2018-GLKS Mortgage Trust ‘Series 2018-GLKS A’ ‘144A’ FRN 19/12/20302,055,9750.12
USD2,180,000Diamondback Energy Inc 2.875% 1/12/20242,198,7410.12
USD2,100,000Diamondback Energy Inc 4.75% 31/5/20252,227,4950.13
EUR1,000,000Digital Euro Finco LLC 2.5% 16/1/20261,168,8880.07
USD156,000Directv Financing LLC / Directv Financing Co-Obligor Inc ‘144A’ 5.875% 15/8/2027155,6670.01
USD325,000DISH DBS Corp 5% 15/3/2023328,6400.02
USD854,000DISH DBS Corp ‘144A’ 5.25% 1/12/2026832,1160.05
USD259,000DISH DBS Corp ‘144A’ 5.75% 1/12/2028247,1830.01
USD840,000DR Horton Inc 1.3% 15/10/2026785,5400.04
USD176,000Element Solutions Inc ‘144A’ 3.875% 1/9/2028167,9420.01
USD173,000Enact Holdings Inc ‘144A’ 6.5% 15/8/2025179,2960.01
USD7,000,000Enel Finance America LLC 25/4/2022 (Zero Coupon)6,994,0230.39
USD1,215,000Energy Transfer LP 2.9% 15/5/20251,216,2020.07


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD1,930,000Energy Transfer LP 3.45% 15/1/20231,952,5380.11
USD1,250,000Energy Transfer LP 3.6% 1/2/20231,263,9570.07
USD1,435,000Energy Transfer LP 4.5% 15/4/20241,491,9690.08
USD4,400,000Energy Transfer LP 5.875% 15/1/20244,643,5080.26
USD80,000EnLink Midstream LLC ‘144A’ 5.625% 15/1/202880,5500.01
USD190,000EnLink Midstream Partners LP 4.85% 15/7/2026191,3820.01
USD75,000EnPro Industries Inc 5.75% 15/10/202677,8670.00
USD187,000EQM Midstream Partners LP ‘144A’ 6% 1/7/2025190,0710.01
USD354,000EQM Midstream Partners LP ‘144A’ 6.5% 1/7/2027368,3420.02
USD201,000EQT Corp ‘144A’ 3.125% 5/5/2026196,3290.01
USD3,795,000Equinix Inc 1.25% 15/7/20253,599,8140.20
USD2,200,000Eversource Energy 2.9% 1/3/20272,194,3120.12
USD80,000Fair Isaac Corp ‘144A’ 4% 15/6/202878,9660.00
USD26,630Fannie Mae Pool ‘AB4997’3% 1/4/202727,3330.00
USD434Fannie Mae Pool ‘AE0812’5% 1/7/20254290.00
USD562,957Fannie Mae Pool ‘AL4364’ FRN 1/9/2042587,9930.03
USD42,328Fannie Mae Pool ‘AL7139’3% 1/7/203043,5660.00
USD25,730Fannie Mae Pool ‘AL7227’3% 1/8/203026,4760.00
USD958,414Fannie Mae Pool ‘AL7654’3% 1/9/2035972,6360.06
USD334,108Fannie Mae Pool ‘AL9376’3% 1/8/2031341,7700.02
USD35,177Fannie Mae Pool ‘AL9378’3% 1/9/203136,2070.00
USD207,164Fannie Mae Pool ‘AL9899’3% 1/3/2032213,1800.01
USD14,821Fannie Mae Pool ‘AS5622’3% 1/8/203015,2540.00
USD53,753Fannie Mae Pool ‘AS5728’3% 1/9/203055,3520.00
USD437,516Fannie Mae Pool ‘AS5794’3% 1/9/2030450,2080.03
USD45,171Fannie Mae Pool ‘AS8604’3% 1/1/203246,4570.00
USD777,178Fannie Mae Pool ‘AS8980’4.5% 1/3/2047831,6480.05
USD2,361,422Fannie Mae Pool ‘AS9610’4.5% 1/5/20472,526,8570.14
USD36,732Fannie Mae Pool ‘AU0967’3% 1/8/202837,7050.00
USD685,161Fannie Mae Pool ‘AX0000’ FRN 1/9/2044701,7890.04
USD500,383Fannie Mae Pool ‘AX5552’3% 1/10/2031514,6730.03
USD157,268Fannie Mae Pool ‘AY4218’3% 1/5/2030161,8210.01
USD384,585Fannie Mae Pool ‘AY6268’3% 1/3/2030395,7270.02
USD96,580Fannie Mae Pool ‘AZ4080’3% 1/12/203199,2440.01
USD357,047Fannie Mae Pool ‘AZ5005’3% 1/12/2030367,4100.02
USD54,192Fannie Mae Pool ‘AZ5798’3% 1/9/203055,7340.00
USD21,475Fannie Mae Pool ‘BA0776’3% 1/9/203021,9920.00
USD11,563Fannie Mae Pool ‘BA2882’3% 1/11/203011,8530.00
USD428,018Fannie Mae Pool ‘BA5803’3% 1/12/2030438,6440.03
USD333,779Fannie Mae Pool ‘BC0853’3% 1/4/2031343,6700.02
USD50,610Fannie Mae Pool ‘BC1707’3% 1/1/203151,8700.00
USD18,352Fannie Mae Pool ‘BC1774’3% 1/1/203118,8730.00
USD35,568Fannie Mae Pool ‘BC4017’3% 1/3/203136,5550.00
USD51,877Fannie Mae Pool ‘BC4263’3% 1/5/203153,3820.00


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD31,055Fannie Mae Pool ‘BC7657’3% 1/4/203131,8930.00
USD14,508Fannie Mae Pool ‘BD1996’3% 1/8/203114,9290.00
USD55,743Fannie Mae Pool ‘BD4404’3% 1/7/203157,0240.00
USD315,721Fannie Mae Pool ‘BD6154’3% 1/11/2031323,3660.02
USD264,048Fannie Mae Pool ‘BE3155’3% 1/1/2032270,1770.02
USD110,256Fannie Mae Pool ‘BE6942’3% 1/2/2032112,7850.01
USD25,615Fannie Mae Pool ‘BH2512’3% 1/7/203226,3580.00
USD439,150Fannie Mae Pool ‘BH4308’3% 1/6/2032452,3440.03
USD11,335Fannie Mae Pool ‘BH5232’3% 1/7/203211,6630.00
USD654,307Fannie Mae Pool ‘BH5623’3% 1/6/2032672,8130.04
USD247,676Fannie Mae Pool ‘BH6399’3% 1/11/2032254,5660.01
USD303,079Fannie Mae Pool ‘BH6518’3% 1/9/2032310,3390.02
USD1,070,266Fannie Mae Pool ‘BJ2716’4% 1/4/20331,125,3090.06
USD13,698Fannie Mae Pool ‘BJ2995’3% 1/1/203314,0710.00
USD100,295Fannie Mae Pool ‘BJ3883’3% 1/1/2033103,2090.01
USD49,015Fannie Mae Pool ‘BJ4268’3% 1/12/203250,2670.00
USD20,945Fannie Mae Pool ‘BJ4734’3% 1/12/203221,5380.00
USD46,775Fannie Mae Pool ‘BJ5289’3% 1/2/203348,0620.00
USD417,576Fannie Mae Pool ‘BJ9249’4.5% 1/6/2048454,9560.03
USD27,320Fannie Mae Pool ‘BK7893’3% 1/10/203328,0650.00
USD349,829Fannie Mae Pool ‘BK9849’4% 1/9/2033371,8790.02
USD322,241Fannie Mae Pool ‘BM1775’4.5% 1/7/2047346,1770.02
USD2,683,543Fannie Mae Pool ‘BM3280’ 4.5% 1/11/20472,888,9090.16
USD160,161Fannie Mae Pool ‘BM3947’3% 1/1/2033164,6800.01
USD1,284,190Fannie Mae Pool ‘BM5082’ 4.5% 1/11/20481,392,9390.08
USD3,989,278Fannie Mae Pool ‘BM5568’4.5% 1/2/20494,385,4230.25
USD427,718Fannie Mae Pool ‘BN5294’4% 1/2/2034450,4120.03
USD34,922Fannie Mae Pool ‘BN5357’4% 1/3/203436,6180.00
USD239,721Fannie Mae Pool ‘BN5360’4% 1/3/2034251,9930.01
USD1,094,683Fannie Mae Pool ‘BN5404’4.5% 1/4/20491,203,4720.07
USD98,071Fannie Mae Pool ‘BN6416’3.5% 1/4/2034102,8700.01
USD645,356Fannie Mae Pool ‘BN6570’3.5% 1/4/2034678,7900.04
USD429,530Fannie Mae Pool ‘CA0780’3% 1/11/2032442,0110.03
USD255,799Fannie Mae Pool ‘CA1095’3% 1/2/2033264,0920.02
USD831,179Fannie Mae Pool ‘CA1937’4% 1/6/2033874,5210.05
USD233,633Fannie Mae Pool ‘CA3287’4% 1/3/2034244,4750.01
USD6,026,837Fannie Mae Pool ‘FM1245’4% 1/9/20336,273,2830.35
USD301,551Fannie Mae Pool ‘MA2561’3% 1/3/2031310,2850.02
USD63,261Fannie Mae Pool ‘MA2684’3% 1/7/203165,0970.00
USD294,361Fannie Mae Pool ‘MA3071’4% 1/7/2037310,8240.02
USD14,295Fannie Mae Pool ‘MA3090’3% 1/8/203214,7540.00
USD357,421Fannie Mae Pool ‘MA3129’4% 1/9/2037377,4060.02
USD255,606Fannie Mae Pool ‘MA3310’4% 1/3/2038268,4850.02
USD4,987,372Fannie Mae Pool ‘MA4053’2.5% 1/6/20355,030,9560.28


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD14,000,000Federal Farm Credit Banks Funding Corp 0.71% 1/4/202513,511,5970.76
USD16,000,000Federal National Mortgage Association 0.55% 19/8/202515,276,8550.86
USD83,000Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc ‘144A’ 4.625% 15/1/202979,2630.00
EUR1,530,000Fidelity National Information Services Inc 0.125% 3/12/20221,720,7810.10
USD1,146,000First-Citizens Bank & Trust Co FRN 19/6/20241,167,3090.07
USD1,330,000FirstEnergy Corp 3.35% 15/7/20221,329,1750.08
USD642,000FirstEnergy Corp 4.4% 15/7/2027663,6680.04
USD2,886,125Ford Credit Auto Owner Trust 2018-B ‘Series 2018-B A4’ 3.38% 15/3/20242,910,7690.16
USD815,000Ford Motor Credit Co LLC 2.7% 10/8/2026775,2690.04
USD387,000Ford Motor Credit Co LLC 2.9% 16/2/2028362,4890.02
USD5,839,000Ford Motor Credit Co LLC 3.37% 17/11/20235,876,3990.33
USD487,000Ford Motor Credit Co LLC 3.81% 9/1/2024492,3570.03
USD302,000Ford Motor Credit Co LLC 5.125% 16/6/2025313,3200.02
USD82,000Forestar Group Inc ‘144A’ 3.85% 15/5/202677,6470.00
USD74,000Fortress Transportation and Infrastructure Investors LLC ‘144A’ 6.5% 1/10/202574,8460.00
USD549,967Freddie Mac Gold Pool ‘C91864’3% 1/2/2036564,5490.03
USD762,852Freddie Mac Gold Pool ‘C91942’4% 1/6/2037807,2610.05
USD1,157,001Freddie Mac Gold Pool ‘G16763’4% 1/2/20341,221,8340.07
USD1,382,494Freddie Mac Gold Pool ‘G16789’4% 1/2/20341,463,3730.08
USD1,316,004Freddie Mac Gold Pool ‘G16792’4% 1/3/20341,400,7800.08
USD62,808Freddie Mac Gold Pool ‘G30963’4% 1/11/203666,7650.00
USD263,423Freddie Mac Gold Pool ‘G61047’4.5% 1/7/2047284,7620.02
USD7,852,772Freddie Mac Gold Pool ‘G67720’4.5% 1/3/20498,561,7800.48
USD101,653,301Freddie Mac Multifamily Structured Pass Through Certificates FRN 25/9/20241,520,2350.09
USD401,515Freddie Mac Multifamily Structured Pass Through Certificates 3.065% 25/8/2022403,0830.02
USD1,523,739Freddie Mac Non Gold Pool ‘849692’ FRN 1/5/20451,557,8080.09
USD7,254,223Freddie Mac REMICS ‘Series 5105 LA’ 1.5% 15/4/20447,237,1310.41
USD918,992Freddie Mac REMICS ‘Series 5000 MA’ 2% 25/6/2044906,9850.05
USD2,567,911Freddie Mac REMICS ‘Series 5006 KA’ 2% 25/6/20452,541,7150.14
USD1,593,653Freddie Mac REMICS ‘Series 4459 BN’ 3% 15/8/20431,628,4420.09
USD1,152,363Freddie Mac REMICS ‘Series 4748 HC’ 3% 15/1/20441,163,1190.07
USD2,081,758Freddie Mac REMICS ‘Series 4752 PL’ 3% 15/9/20462,089,2100.12
USD1,200,029Freddie Mac REMICS ‘Series 4941 MB’ 3% 25/7/20491,205,0130.07
USD1,410,269Freddie Mac REMICS ‘Series 4286 MP’ 4% 15/12/20431,491,5130.08
USD59,808Freddie Mac REMICS ‘Series 3986 M’ 4.5% 15/9/204161,4120.00
USD92,726Freddie Mac REMICS ‘Series 3959 MA’ 4.5% 15/11/204198,1380.01
USD645,000FREMF 2012-K19 Mortgage Trust ‘Series 2012-K19 B’ ‘144A’ FRN 25/5/2045643,8880.04
USD620,000FREMF 2012-K20 Mortgage Trust ‘Series 2012-K20 B’ ‘144A’ FRN 25/5/2045622,2860.04


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD590,000FREMF 2013-K27 Mortgage Trust ‘Series 2013-K27 B’ ‘144A’ FRN 25/1/2046597,3420.03
USD465,000FREMF 2013-K31 Mortgage Trust ‘Series 2013-K31 B’ ‘144A’ FRN 25/7/2046471,9570.03
USD2,225,000FREMF 2015-K720 Mortgage Trust ‘Series 2015-K720 B’ ‘144A’ FRN 25/7/20222,237,7300.13
USD410,000Frontier Communications Holdings LLC ‘144A’ 5.875% 15/10/2027410,7420.02
USD252,000Gartner Inc ‘144A’ 4.5% 1/7/2028253,6460.01
EUR360,000General Mills Inc 0.45% 15/1/2026398,4920.02
USD965,000General Motors Co 5.4% 2/10/20231,011,9910.06
EUR1,500,000General Motors Financial Co Inc 0.85% 26/2/20261,643,1770.09
USD2,500,000General Motors Financial Co Inc 1.5% 10/6/20262,354,8600.13
USD3,800,000General Motors Financial Co Inc 2.35% 26/2/20273,648,7960.21
USD900,000General Motors Financial Co Inc 4% 15/1/2025927,7990.05
USD500,000Glencore Funding LLC 3.875% 27/10/2027515,3200.03
USD108,000Global Net Lease Inc / Global Net Lease Operating Partnership LP ‘144A’ 3.75% 15/12/202799,7590.01
USD4,200,000Global Payments Inc 1.2% 1/3/20263,938,8430.22
USD535,000Global Payments Inc 2.15% 15/1/2027513,7890.03
USD96,000Go Daddy Operating Co LLC / GD Finance Co Inc ‘144A’ 5.25% 1/12/202798,0470.01
EUR1,220,000Goldman Sachs Group Inc/The FRN 21/4/20231,369,3670.08
USD1,029,000Goldman Sachs Group Inc/The FRN 17/11/20231,019,0880.06
USD1,500,000Goldman Sachs Group Inc/The FRN 9/3/20271,410,2160.08
USD705,000Goldman Sachs Group Inc/The FRN 21/10/2027670,3050.04
USD2,925,000Goldman Sachs Group Inc/The FRN 24/2/20282,867,1940.16
USD1,035,066GoodLeap Sustainable Home Solutions Trust 2021-4 ‘Series 2021-4GS A’ ‘144A’ 1.93% 20/7/2048979,6290.06
USD653,231GoodLeap Sustainable Home Solutions Trust 2021-5 ‘Series 2021-5CS A’ ‘144A’ 2.31% 20/10/2048631,4730.04
USD4,050,595Government National Mortgage Association ‘Series 2012-120 IO’ FRN 16/2/205379,3290.00
USD2,239,089Government National Mortgage Association ‘Series 2018-36 AM’ 3% 20/7/20452,278,7080.13
USD1,050,566Government National Mortgage Association ‘Series 2017-136 GB’ 3% 20/3/20471,059,2400.06
USD152,000Graham Holdings Co ‘144A’ 5.75% 1/6/2026155,6150.01
USD158,000Graphic Packaging International LLC ‘144A’ 3.5% 15/3/2028149,8430.01
USD1,827,375GS Mortgage Securities Trust 2011-GC5 ‘Series 2011-GC5 AS’ ‘144A’ FRN 10/8/20441,833,1750.10
USD1,368,293GS Mortgage Securities Trust 2013-GC16 ‘Series 2013-GC16 AAB’ 3.813% 10/11/20461,390,7240.08
USD3,495,242GS Mortgage Securities Trust 2014-GC18 ‘Series 2014-GC18 A4’4.074% 10/1/20473,588,5290.20
USD2,330,000GS Mortgage Securities Trust 2015-GC32 ‘Series 2015-GC32 A4’3.764% 10/7/20482,410,0930.14
USD1,500,000GS Mortgage Securities Trust 2015-GC34 ‘Series 2015-GC34 A4’3.506% 10/10/20481,539,7310.09


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD2,916,913GS Mortgage Securities Trust 2016-GS2 ‘Series 2016-GS2 A4’3.05% 10/5/20492,938,9890.17
USD2,584,372GS Mortgage Securities Trust 2016-GS3 ‘Series 2016-GS3 AAB’ 2.777% 10/10/20492,602,9930.15
USD38,000Halliburton Co 3.8% 15/11/202539,4790.00
USD146,000HAT Holdings I LLC / HAT Holdings II LLC ‘144A’ 3.375% 15/6/2026138,4720.01
USD1,700,000HCA Inc 5.25% 15/4/20251,817,7560.10
USD3,500,000HCA Inc 5.375% 1/2/20253,696,9980.21
USD1,110,000HCA Inc 5.375% 1/9/20261,190,4750.07
USD517,000HCA Inc 5.625% 1/9/2028568,8990.03
USD2,722,000HCA Inc 5.875% 15/2/20262,947,9670.17
USD820,000Healthpeak Properties Inc 1.35% 1/2/2027769,7840.04
USD200,000Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl ‘144A’ 4.625% 1/5/2028188,9310.01
USD77,000Herc Holdings Inc ‘144A’ 5.5% 15/7/202779,0140.00
USD379,000Hilton Domestic Operating Co Inc ‘144A’ 5.375% 1/5/2025391,1280.02
USD229,000Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp 4.875% 1/4/2027233,2940.01
USD112,000Home Point Capital Inc ‘144A’ 5% 1/2/202693,1180.01
USD184,000Howard Hughes Corp/The ‘144A’5.375% 1/8/2028187,0290.01
USD1,805,000Hyundai Capital America ‘144A’ 1.65% 17/9/2026*1,700,8370.10
USD190,000Icahn Enterprises LP / Icahn Enterprises Finance Corp 4.75% 15/9/2024189,3300.01
USD270,000Icahn Enterprises LP / Icahn Enterprises Finance Corp 5.25% 15/5/2027267,9220.02
EUR1,045,000Illinois Tool Works Inc 0.25% 5/12/20241,165,0010.07
USD960,000International Business Machines Corp 2.2% 9/2/2027945,4330.05
USD4,404,000International Flavors & Fragrances Inc ‘144A’ 1.23% 1/10/20254,180,6370.24
USD308,000IQVIA Inc ‘144A’ 5% 15/5/2027313,7570.02
USD3,780,000J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-BCON ‘Series 2018-BCON A’ ‘144A’ 3.735% 5/1/20313,831,6540.22
USD79,000Jacobs Entertainment Inc ‘144A’ 6.75% 15/2/202979,1690.00
USD718,205JP Morgan Chase Commercial Mortgage Securities Trust 2012-CIBX ‘Series 2012-CBX A4’3.483% 15/6/2045720,2880.04
USD3,615,000JP Morgan Chase Commercial Mortgage Securities Trust 2012-HSBC ‘Series 2012-HSBC D’ ‘144A’ FRN 5/7/20323,631,2690.20
USD4,720,000JP Morgan Chase Commercial Mortgage Securities Trust 2013-C16 ‘Series 2013-C16 A4’4.166% 15/12/20464,843,3300.27
USD1,661,101JP Morgan Chase Commercial Mortgage Securities Trust 2013-LC11 ‘Series 2013-LC11 ASB’ 2.554% 15/4/20461,669,3970.09
USD5,074,485JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP2 ‘Series 2016-JP2 A3’2.559% 15/8/20494,989,1680.28
USD1,695,971JP Morgan Mortgage Trust 2014-2 ‘Series 2014-2 1A1’ ‘144A’ FRN 25/6/20291,687,0230.10
USD1,234,820JP Morgan Mortgage Trust 2016-2 ‘Series 2016-2 A1’ ‘144A’ FRN 25/6/20461,217,7020.07


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD1,708,705JPMBB Commercial Mortgage Securities Trust 2013-C17 ‘Series 2013-C17 ASB’ 3.705% 15/1/20471,735,3260.10
USD1,984,482JPMBB Commercial Mortgage Securities Trust 2014-C23 ‘Series 2014-C23 ASB’ 3.657% 15/9/20472,022,9760.11
USD569,641JPMBB Commercial Mortgage Securities Trust 2014-C26 ‘Series 2014-C26 ASB’ 3.288% 15/1/2048577,4870.03
USD1,516,312JPMBB Commercial Mortgage Securities Trust 2015-C33 ‘Series 2015-C33 A3’3.504% 15/12/20481,529,8990.09
USD950,000JPMorgan Chase & Co FRN 25/4/2023951,6140.05
USD1,961,000JPMorgan Chase & Co FRN 23/7/20242,005,1380.11
USD3,000,000JPMorgan Chase & Co FRN 1/6/20252,896,4380.16
USD2,405,000JPMorgan Chase & Co FRN 15/10/20252,389,1330.13
USD2,874,000JPMorgan Chase & Co FRN 22/4/20262,818,6830.16
USD3,900,000JPMorgan Chase & Co FRN 19/11/20263,651,6110.21
USD8,900,000JPMorgan Chase & Co FRN 22/4/20278,465,4150.48
EUR420,000JPMorgan Chase & Co 1.5% 27/1/2025483,6190.03
USD119,000Kaiser Aluminum Corp ‘144A’ 4.625% 1/3/2028112,7330.01
USD3,500,000KB Home 7.625% 15/5/20233,631,0230.20
USD2,658,000Kraft Heinz Foods Co 3% 1/6/20262,667,4890.15
USD379,000Kraft Heinz Foods Co 3.875% 5/5/2027394,1600.02
USD548,000Kraft Heinz Foods Co 4.625% 30/1/2029586,1900.03
USD112,000LABL Inc ‘144A’ 5.875% 1/11/2028107,4500.01
USD122,000Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp ‘144A’ 4.25% 1/2/2027118,6720.01
USD154,000Lamb Weston Holdings Inc ‘144A’ 4.875% 15/5/2028158,3980.01
USD80,000Legends Hospitality Holding Co LLC / Legends Hospitality Co-Issuer Inc ‘144A’ 5% 1/2/202678,7310.00
USD175,000Level 3 Financing Inc ‘144A’ 4.25% 1/7/2028159,2050.01
USD326,000Level 3 Financing Inc 5.25% 15/3/2026327,3660.02
USD139,000Life Time Inc ‘144A’ 5.75% 15/1/2026138,9030.01
USD78,000Lindblad Expeditions LLC ‘144A’ 6.75% 15/2/202778,4800.00
USD80,000Live Nation Entertainment Inc ‘144A’ 4.75% 15/10/202778,2490.00
USD437,000Live Nation Entertainment Inc ‘144A’ 6.5% 15/5/2027469,6200.03
USD353,000Lumen Technologies Inc ‘144A’ 4% 15/2/2027334,1380.02
USD764,000Lumen Technologies Inc ‘144A’ 5.125% 15/12/2026712,2430.04
USD226,000Lumen Technologies Inc 6.75% 1/12/2023234,7430.01
USD932,000LYB International Finance III LLC 1.25% 1/10/2025886,8910.05
USD185,000Madison IAQ LLC ‘144A’ 4.125% 30/6/2028174,8490.01
USD268,000Matador Resources Co 5.875% 15/9/2026272,5640.02
USD193,000Match Group Holdings II LLC ‘144A’ 4.625% 1/6/2028191,4990.01
USD389,000Mauser Packaging Solutions Holding Co ‘144A’ 5.5% 15/4/2024388,9770.02
USD150,000Meritage Homes Corp 5.125% 6/6/2027155,9210.01
USD153,000MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc (Restricted) ‘144A’ 3.875% 15/2/2029154,0130.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD508,000MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc (Restricted) 5.625% 1/5/2024528,0170.03
USD295,000MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc (Restricted) 5.75% 1/2/2027319,8830.02
USD165,000MGM Resorts International 5.75% 15/6/2025171,5980.01
USD226,000MGM Resorts International 6% 15/3/2023233,2040.01
USD154,000MicroStrategy Inc ‘144A’ 6.125% 15/6/2028147,7350.01
USD198,000Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd ‘144A’ 6.5% 20/6/2027209,1100.01
EUR700,000MMS USA Holdings Inc 0.625% 13/6/2025780,6940.04
USD77,000ModivCare Inc ‘144A’ 5.875% 15/11/202576,9060.00
USD2,300,000Morgan Stanley FRN 10/11/20232,281,0460.13
USD3,200,000Morgan Stanley FRN 25/1/20243,158,9220.18
USD1,800,000Morgan Stanley FRN 22/1/20251,747,4180.10
USD4,500,000Morgan Stanley FRN 28/4/20264,424,8130.25
USD2,755,000Morgan Stanley FRN 21/1/20282,691,0160.15
USD4,777,250Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10 ‘Series 2013-C10 A3FL’ ‘144A’ FRN 15/7/20464,780,6260.27
USD434,159Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10 ‘Series 2013-C10 ASB’ FRN 15/7/2046439,1120.03
USD1,480,000Morgan Stanley Bank of America Merrill Lynch Trust 2013-C13 ‘Series 2013-C13 A4’4.039% 15/11/20461,514,5850.09
USD1,455,000Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15 ‘Series 2014-C15 A4’4.051% 15/4/20471,494,4760.08
USD1,676,517Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18 ‘Series 2014-C18 ASB’ 3.621% 15/10/20471,706,0220.10
USD8,216,709Morgan Stanley Bank of America Merrill Lynch Trust 2015-C20 ‘Series 2015-C20 A4’3.249% 15/2/20488,356,6650.47
USD2,625,000Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 ‘Series 2015-C25 A4’3.372% 15/10/20482,662,5960.15
USD4,189,500Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 ‘Series 2015-C25 A5’3.635% 15/10/20484,306,1560.24
USD7,000,000Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26 ‘Series 2015-C26 A4’3.252% 15/10/20487,074,0310.40
USD3,016,709Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30 ‘Series 2016-C30 ASB’ 2.729% 15/9/20493,039,2870.17
USD3,000,000Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31 ‘Series 2016-C31 A5’3.102% 15/11/20493,029,2790.17
USD3,465,000Morgan Stanley Capital I Trust 2016-UB11 ‘Series 2016-UB11 A4’2.782% 15/8/20493,464,7030.20
USD120,000MPH Acquisition Holdings LLC ‘144A’ 5.5% 1/9/2028116,7790.01
USD1,995,000MPLX LP 3.5% 1/12/20222,023,7940.11
EUR380,000National Grid North America Inc 0.41% 20/1/2026419,2650.02
USD109,000Nationstar Mortgage Holdings Inc ‘144A’ 6% 15/1/2027110,9120.01
USD102,000Navient Corp 6.75% 15/6/2026106,4630.01
USD232,424Navient Private Education Loan Trust 2014-A ‘Series 2014-AA A2B’ ‘144A’ FRN 15/2/2029232,8260.01
USD582,282Navient Private Education Refi Loan Trust 2020-A ‘Series 2020-A A2B’ ‘144A’ FRN 15/11/2068580,9980.03


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD2,000,000Navient Private Education Refi Loan Trust 2020-A ‘Series 2020- A B’ ‘144A’ 3.16% 15/11/20681,966,2980.11
USD387,196Navient Student Loan Trust 2018-EA ‘Series 2018-EA A2’ ‘144A’ 4% 15/12/2059392,8430.02
USD230,000NCR Corp ‘144A’ 5% 1/10/2028225,7880.01
USD2,500,000Netflix Inc 4.375% 15/11/20262,636,5000.15
USD495,000New Fortress Energy Inc ‘144A’ 6.5% 30/9/2026475,3710.03
USD414,865New Residential Mortgage Loan Trust 2016-3 ‘Series 2016-3A A1B’ ‘144A’ FRN 25/9/2056421,0940.02
USD2,084,674New Residential Mortgage Loan Trust 2018-1 ‘Series 2018-1A A1A’ ‘144A’ FRN 25/12/20572,141,4740.12
USD2,000,000Newell Brands Inc 4.7% 1/4/20262,066,7300.12
USD2,374,000NextEra Energy Capital Holdings Inc 1.875% 15/1/20272,276,6430.13
USD199,000NextEra Energy Operating Partners LP ‘144A’ 4.25% 15/7/2024200,9300.01
USD192,000NFP Corp ‘144A’ 4.875% 15/8/2028184,6650.01
USD79,000NGL Energy Operating LLC / NGL Energy Finance Corp ‘144A’ 7.5% 1/2/202679,4460.00
USD245,000Nielsen Finance LLC / Nielsen Finance Co ‘144A’ 5.625% 1/10/2028235,1850.01
USD4,200,000Nissan Motor Acceptance Co LLC ‘144A’ 2% 9/3/20263,956,0100.22
USD285,000Northern Oil and Gas Inc ‘144A’ 8.125% 1/3/2028295,9910.02
USD136,000Northwest Fiber LLC / Northwest Fiber Finance Sub Inc ‘144A’ 4.75% 30/4/2027125,7480.01
USD410,000Novelis Corp ‘144A’ 3.25% 15/11/2026392,0850.02
USD265,000Nucor Corp 2% 1/6/2025261,1380.02
USD162,000NuStar Logistics LP 5.75% 1/10/2025169,1680.01
USD319,000Occidental Petroleum Corp 5.5% 1/12/2025341,8610.02
USD755,000Occidental Petroleum Corp 8.5% 15/7/2027907,2190.05
USD1,415,000ONE Gas Inc 1.1% 11/3/20241,382,5790.08
USD275,000OneMain Finance Corp 6.625% 15/1/2028291,9990.02
USD324,000OneMain Finance Corp 7.125% 15/3/2026348,6690.02
USD244,661Onemain Financial Issuance Trust 2018-1 ‘Series 2018-1A A’ ‘144A’ 3.3% 14/3/2029244,6510.01
USD5,055,000Oracle Corp 1.65% 25/3/20264,813,3380.27
USD283,000Organon & Co / Organon Foreign Debt Co-Issuer BV ‘144A’ 4.125% 30/4/2028276,5990.02
USD160,000Outfront Media Capital LLC / Outfront Media Capital Corp ‘144A’ 5% 15/8/2027157,9340.01
USD116,000P&L Development LLC / PLD Finance Corp ‘144A’ 7.75% 15/11/2025111,0200.01
USD6,105,000Pacific Gas and Electric Co 1.367% 10/3/20236,037,9290.34
USD953,000Pacific Gas and Electric Co 3.45% 1/7/2025957,4780.05
USD449,000Par Pharmaceutical Inc ‘144A’ 7.5% 1/4/2027448,7760.03
USD575,000Parker-Hannifin Corp 2.7% 14/6/2024581,1270.03
USD163,000Pattern Energy Operations LP / Pattern Energy Operations Inc ‘144A’ 4.5% 15/8/2028158,6300.01
USD77,000PDC Energy Inc 5.75% 15/5/202678,2670.00
USD535,000PeaceHealth Obligated Group 1.375% 15/11/2025513,9430.03


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD98,000Penske Automotive Group Inc 3.5% 1/9/202596,6570.01
USD1,285,000Penske Truck Leasing Co Lp / PTL Finance Corp ‘144A’ 1.7% 15/6/20261,229,2430.07
USD200,000Periama Holdings LLC/DE 5.95% 19/4/2026204,7500.01
USD403,000PetSmart Inc / PetSmart Finance Corp ‘144A’ 4.75% 15/2/2028398,1380.02
USD227,000Picasso Finance Sub Inc ‘144A’ 6.125% 15/6/2025233,8300.01
USD145,000Pioneer Natural Resources Co 0.55% 15/5/2023142,9070.01
USD1,395,000Pioneer Natural Resources Co 1.125% 15/1/20261,318,2820.07
USD255,000Post Holdings Inc ‘144A’ 5.625% 15/1/2028257,8110.01
USD82,000Powdr Corp ‘144A’ 6% 1/8/202584,6560.01
USD200,000PRA Health Sciences Inc ‘144A’ 2.875% 15/7/2026192,3150.01
USD163,000Prime Healthcare Services Inc ‘144A’ 7.25% 1/11/2025165,6140.01
USD76,000Prime Security Services Borrower LLC / Prime Finance Inc ‘144A’ 5.25% 15/4/202477,4250.00
USD322,000Prime Security Services Borrower LLC / Prime Finance Inc ‘144A’ 5.75% 15/4/2026330,9550.02
USD205,000PTC Inc ‘144A’ 3.625% 15/2/2025204,4970.01
USD195,000PulteGroup Inc 5% 15/1/2027211,5100.01
USD536,000Radiate Holdco LLC / Radiate Finance Inc ‘144A’ 4.5% 15/9/2026508,1150.03
USD80,000Raptor Acquisition Corp / Raptor Co-Issuer LLC ‘144A’ 4.875% 1/11/202677,6300.00
USD133,000Rattler Midstream LP ‘144A’ 5.625% 15/7/2025135,5190.01
USD160,000RHP Hotel Properties LP / RHP Finance Corp ‘144A’ 4.5% 15/2/2029151,0000.01
USD173,000RHP Hotel Properties LP / RHP Finance Corp 4.75% 15/10/2027169,3070.01
USD82,000RLJ Lodging Trust LP ‘144A’ 3.75% 1/7/202679,2440.00
USD42,000Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc ‘144A’ 2.875% 15/10/202639,1200.00
USD1,665,000Ryder System Inc 2.85% 1/3/20271,656,8220.09
USD1,702,000Sabine Pass Liquefaction LLC 5.75% 15/5/20241,808,0280.10
USD120,000Sabre GLBL Inc ‘144A’ 7.375% 1/9/2025123,4550.01
USD204,000Sabre GLBL Inc ‘144A’ 9.25% 15/4/2025229,6770.01
USD700,000Santander Holdings USA Inc 3.5% 7/6/2024713,1990.04
USD522,000SBA Communications Corp 3.875% 15/2/2027524,0510.03
USD305,000Scientific Games International Inc ‘144A’ 5% 15/10/2025309,5840.02
USD1,315,000Sealed Air Corp ‘144A’ 5.125% 1/12/20241,359,3680.08
USD147,000Sealed Air Corp ‘144A’ 5.5% 15/9/2025153,0660.01
USD2,152,391Seasoned Credit Risk Transfer Trust Series 2018-3 ‘Series 2018-3 MA’ FRN 25/8/20572,205,3500.12
USD3,408,694Seasoned Credit Risk Transfer Trust Series 2019-4 ‘Series 2019-4 MA’ 3% 25/2/20593,440,6090.19
USD247,718Sequoia Mortgage Trust 2017-CH1 ‘Series 2017-CH1 A2’ ‘144A’ FRN 25/8/2047248,5590.01
USD201,000Service Corp International/US 4.625% 15/12/2027204,2600.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD71,000Service Properties Trust 5.5% 15/12/202769,5800.00
USD76,000Service Properties Trust 7.5% 15/9/202579,8950.00
USD750,750Sesac Finance LLC ‘Series 2019-1 A2’ ‘144A’ 5.216% 25/7/2049764,0740.04
USD86,000Sinclair Television Group Inc ‘144A’ 5.125% 15/2/202778,4210.00
USD397,000Sirius XM Radio Inc ‘144A’ 3.125% 1/9/2026380,1280.02
USD348,000Sirius XM Radio Inc ‘144A’ 4% 15/7/2028333,8640.02
USD276,000Six Flags Theme Parks Inc ‘144A’ 7% 1/7/2025289,7750.02
USD550,000SK Battery America Inc 2.125% 26/1/2026524,5130.03
USD42,000SLM Corp 3.125% 2/11/202640,1710.00
USD6,225,586SLM Private Credit Student Loan Trust 2005-A ‘Series 2005-A A4’ FRN 15/12/20386,102,5430.34
USD4,238,025SLM Private Credit Student Loan Trust 2005-B ‘Series 2005-B A4’ FRN 15/6/20394,142,9010.23
USD4,168,035SLM Private Credit Student Loan Trust 2006-A ‘Series 2006-A A5’ FRN 15/6/20394,050,2590.23
USD2,240,966SLM Private Credit Student Loan Trust 2006-B ‘Series 2006-B A5’ FRN 15/12/20392,187,1750.12
USD1,226,094SLM Private Credit Student Loan Trust 2007-A ‘Series 2007-A A4A’ FRN 16/12/20411,205,1010.07
USD4,584,301SLM Private Education Loan Trust 2010-C ‘Series 2010-C A5’ ‘144A’ FRN 15/10/20415,089,1550.29
USD991,485SLM Student Loan Trust 2013-4 ‘Series 2013-4 A’ FRN 25/6/2043980,4400.06
USD77,000SM Energy Co 6.5% 15/7/202878,8230.00
USD76,000SM Energy Co 6.75% 15/9/202676,5830.00
USD24,920SMB Private Education Loan Trust 2015-C ‘Series 2015-C A2A’ ‘144A’ 2.75% 15/7/202724,9420.00
USD2,313,724SMB Private Education Loan Trust 2017-A ‘Series 2017-A A2B’ ‘144A’ FRN 15/9/20342,321,4240.13
USD596,644SMB Private Education Loan Trust 2020-A ‘Series 2020-A A2B’ ‘144A’ FRN 15/9/2037590,9910.03
USD5,611,595SMB Private Education Loan Trust 2020-PTB ‘Series 2020-PTB A2A’ ‘144A’ 1.6% 15/9/20545,482,6520.31
USD2,037,323SMB Private Education Loan Trust 2021-A ‘Series 2021-A APL’ ‘144A’ 15/1/2053 (Zero Coupon)2,018,5820.11
USD950,000SMB Private Education Loan Trust 2021-A ‘Series 2021-A B’ ‘144A’ 2.31% 15/1/2053912,7610.05
USD3,588,449SMB Private Education Loan Trust 2021-C ‘Series 2021-C APT1’ ‘144A’ 1.39% 15/1/20533,367,6190.19
USD71,285SoFi Professional Loan Program 2016-C LLC ‘Series 2016-C A2B’ ‘144A’ 2.36% 27/12/203271,4860.00
USD147,900SoFi Professional Loan Program 2016-D LLC ‘Series 2016-D A2B’ ‘144A’ 2.34% 25/4/2033148,5220.01
USD185,316Sofi Professional Loan Program 2016-E LLC ‘Series 2016-E A2B’ ‘144A’ 2.49% 25/1/2036185,7220.01
USD1,457,599SoFi Professional Loan Program 2017-D LLC ‘Series 2017-D A2FX’ ‘144A’ 2.65% 25/9/20401,463,1570.08
USD2,129,385Sofi Professional Loan Program 2018-C Trust ‘Series 2018-C A2FX’ ‘144A’ 3.59% 25/1/20482,159,3820.12


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD1,965,650Sofi Professional Loan Program 2018-D Trust ‘Series 2018-D A2FX’ ‘144A’ 3.6% 25/2/20481,978,7500.11
USD1,515,000Sonoco Products Co 2.25% 1/2/20271,471,4840.08
USD419,000Sotheby‘s ‘144A’ 7.375% 15/10/2027433,7170.02
USD33,393Soundview Home Loan Trust 2003-2 ‘Series 2003-2 A2’ FRN 25/11/203333,2910.00
USD171,000Specialty Building Products Holdings LLC / SBP Finance Corp ‘144A’ 6.375% 30/9/2026172,4650.01
USD84,000Spirit AeroSystems Inc ‘144A’ 5.5% 15/1/202585,9940.01
USD284,000Sprint Corp 7.625% 15/2/2025314,8990.02
USD314,000Sprint Corp 7.625% 1/3/2026357,1780.02
USD437,000Sprint Corp 7.875% 15/9/2023470,3540.03
USD2,417,188Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC ‘144A’ 4.738% 20/3/20252,501,7210.14
USD317,000SRM Escrow Issuer LLC ‘144A’ 6% 1/11/2028317,6020.02
USD284,000SRS Distribution Inc ‘144A’ 4.625% 1/7/2028269,4650.02
USD545,000SS&C Technologies Inc ‘144A’ 5.5% 30/9/2027558,6250.03
USD317,000Standard Industries Inc/NJ ‘144A’ 5% 15/2/2027319,1810.02
USD246,000Staples Inc ‘144A’ 7.5% 15/4/2026243,6240.01
USD62,000Starwood Property Trust Inc ‘144A’ 4.375% 15/1/202759,9970.00
USD74,000Starwood Property Trust Inc ‘144A’ 5.5% 1/11/202375,2920.00
USD165,000Steel Dynamics Inc 2.4% 15/6/2025163,8940.01
USD104,000Stevens Holding Co Inc ‘144A’ 6.125% 1/10/2026107,7660.01
USD76,000Summit Midstream Holdings LLC / Summit Midstream Finance Corp ‘144A’ 8.5% 15/10/202676,1670.00
USD330,000Switch Ltd ‘144A’ 3.75% 15/9/2028310,7630.02
USD2,115,000Synchrony Financial 4.5% 23/7/20252,212,7350.12
USD172,000Syneos Health Inc ‘144A’ 3.625% 15/1/2029159,4010.01
USD326,000Tap Rock Resources LLC ‘144A’ 7% 1/10/2026327,3480.02
USD71,000Taylor Morrison Communities Inc ‘144A’ 5.875% 15/6/202774,3830.00
USD335,000Tenet Healthcare Corp ‘144A’ 4.625% 1/9/2024340,1000.02
USD80,000Tenet Healthcare Corp ‘144A’ 4.625% 15/6/202878,2640.00
USD533,000Tenet Healthcare Corp ‘144A’ 4.875% 1/1/2026534,5470.03
USD315,000TerraForm Power Operating LLC ‘144A’ 4.25% 31/1/2023315,4020.02
EUR565,000Thermo Fisher Scientific Inc 2% 15/4/2025659,4550.04
USD472,000TK Elevator US Newco Inc ‘144A’ 5.25% 15/7/2027471,6530.03
USD1,530,000T-Mobile USA Inc 1.5% 15/2/20261,458,4630.08
USD162,000T-Mobile USA Inc 2.625% 15/4/2026157,4160.01
USD427,000T-Mobile USA Inc 2.625% 15/2/2029402,8130.02
USD444,290Towd Point Mortgage Trust 2016-4 ‘Series 2016-4 A1’ ‘144A’ FRN 25/7/2056445,4050.03
USD74,000Travel + Leisure Co ‘144A’ 6.625% 31/7/202678,9410.00
USD113,000Tri Pointe Homes Inc 5.25% 1/6/2027113,0000.01
USD182,000Triumph Group Inc ‘144A’ 8.875% 1/6/2024194,2810.01
USD156,000Twitter Inc ‘144A’ 3.875% 15/12/2027152,4740.01


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD380,000Uber Technologies Inc ‘144A’ 6.25% 15/1/2028387,2830.02
USD390,000Uber Technologies Inc ‘144A’ 7.5% 15/9/2027417,2040.02
USD2,900,000UBS Commercial Mortgage Trust 2017-C1 ‘Series 2017-C1 A4’3.46% 15/6/20502,968,7630.17
USD5,548,000UBS Commercial Mortgage Trust 2017-C2 ‘Series 2017-C2 A3’3.225% 15/8/20505,597,9770.32
USD4,151,000UBS Commercial Mortgage Trust 2017-C5 ‘Series 2017-C5 A4’3.212% 15/11/20504,178,4070.24
USD1,177,845United Airlines 2020-1 Class A Pass Through Trust 5.875% 15/10/20271,245,5110.07
USD190,080United Airlines 2020-1 Class B Pass Through Trust 4.875% 15/1/2026194,5270.01
USD376,000United Airlines Inc ‘144A’ 4.375% 15/4/2026375,4230.02
USD34,477,900United States Treasury Note/Bond 0.125% 30/11/202234,281,2681.93
USD76,000,000United States Treasury Note/Bond 0.125% 31/12/202275,476,0164.25
USD22,000,000United States Treasury Note/Bond 0.125% 31/1/2023*21,801,6251.23
USD3,900,000United States Treasury Note/Bond 0.375% 15/7/20243,793,3590.21
USD16,465,000United States Treasury Note/Bond 0.375% 15/8/202415,941,7860.90
USD146,000,000United States Treasury Note/Bond 0.5% 15/3/2023145,121,7198.16
USD19,600,000United States Treasury Note/Bond 0.625% 15/10/2024*19,045,3051.07
USD58,500,000United States Treasury Note/Bond 0.75% 15/11/202456,957,5193.20
USD22,000,000United States Treasury Note/Bond 1.75% 15/8/204120,030,3131.13
USD15,000,000United States Treasury Note/Bond 2% 15/2/2023*15,135,3520.85
USD170,000Uniti Group LP / Uniti Group Finance Inc/CSL Capital LLC ‘144A’ 4.75% 15/4/2028161,1880.01
USD119,000Univision Communications Inc ‘144A’ 6.625% 1/6/2027124,6530.01
USD2,700,000US Bancorp FRN 27/1/20282,648,7760.15
USD577,000USA Compression Partners LP / USA Compression Finance Corp 6.875% 1/4/2026578,2380.03
USD75,000Vail Resorts Inc ‘144A’ 6.25% 15/5/202577,3500.00
USD355,000VeriSign Inc 5.25% 1/4/2025380,3040.02
USD445,000Veritas US Inc / Veritas Bermuda Ltd ‘144A’ 7.5% 1/9/2025437,3530.03
USD5,200,000Verizon Communications Inc 2.1% 22/3/20284,979,4800.28
USD477,000Viasat Inc ‘144A’ 5.625% 15/4/2027477,1430.03
USD400,000VICI Properties LP / VICI Note Co Inc ‘144A’ 3.75% 15/2/2027397,8340.02
USD429,000VICI Properties LP / VICI Note Co Inc ‘144A’ 4.25% 1/12/2026432,9080.02
USD362,000Vistra Operations Co LLC ‘144A’ 5.625% 15/2/2027368,8890.02
USD76,000Vizient Inc ‘144A’ 6.25% 15/5/202778,5870.00
USD2,990,000VMware Inc 1.4% 15/8/20262,817,5160.16
USD82,000Wabash National Corp ‘144A’ 4.5% 15/10/202877,5930.00
USD1,821,019Wells Fargo Commercial Mortgage Trust 2014-LC16 ‘Series 2014-LC16 ASB’ 3.477% 15/8/20501,848,1880.10
USD4,004,000Wells Fargo Commercial Mortgage Trust 2015-C27 ‘Series 2015-C27 A5’3.451% 15/2/20484,070,8610.23
USD1,579,000Wells Fargo Commercial Mortgage Trust 2015-NXS1 ‘Series 2015-NXS1 A5’ 3.148% 15/5/20481,592,4570.09


保有高銘柄時価
(米ドル)		純資産比率
(%)
米国(続き)
USD4,765,000Wells Fargo Commercial Mortgage Trust 2016-NXS5 ‘Series 2016-NXS5 A5’ 3.372% 15/1/20594,865,2300.27
USD3,075,000Wells Fargo Commercial Mortgage Trust 2016-NXS5 ‘Series 2016-NXS5 A6’ 3.635% 15/1/20593,155,6560.18
USD4,996,000Wells Fargo Commercial Mortgage Trust 2017-C39 ‘Series 2017-C39 A5’3.418% 15/9/20505,129,3940.29
USD329,000Western Midstream Operating LP 4.65% 1/7/2026339,9950.02
USD202,000Western Midstream Operating LP 4.75% 15/8/2028210,0000.01
USD2,412,530WFRBS Commercial Mortgage Trust 2014-C21 ‘Series 2014-C21 ASB’ 3.393% 15/8/20472,447,2530.14
USD100,000William Carter Co/The ‘144A’ 5.625% 15/3/2027101,4000.01
USD216,000Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp ‘144A’ 5.25% 15/5/2027215,4740.01
USD991,000Zayo Group Holdings Inc ‘144A’ 4% 1/3/2027938,6210.05
USD170,000ZoomInfo Technologies LLC/ZoomInfo Finance Corp ‘144A’ 3.875% 1/2/2029159,6460.01
1,139,288,78164.07
ウルグアイ
USD370,374Uruguay Government International Bond 4.375% 27/10/2027399,9470.02
債券合計1,681,385,28894.56
公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲渡可能な有価証券および短期金融商品合計1,713,296,79396.36
その他の譲渡可能な有価証券
債券
米国
USD106,820LFRF ‘2015-1’ ‘144A’4% 30/10/2027**103,7810.00
債券合計103,7810.00
その他の譲渡可能な有価証券合計103,7810.00
投資有価証券合計1,713,400,57496.36
その他の純資産64,664,8633.64
純資産合計(米ドル)1,778,065,437100.00

* 当証券のすべてまたは一部は貸付有価証券を表す。
** 注記2(j)に記載のとおり、公正価値調整の対象である有価証券。
添付の注記は、これらの財務書類の不可分の一部である。
未決済先渡為替予約 2022年2月28日現在
通貨買予約通貨売予約取引相手期日未実現評価益/(損)
(米ドル)
CAD5,622,077USD4,500,000Barclays16/3/2022(75,487)
EUR1,473,000USD1,653,529Royal Bank of Canada16/3/2022691
EUR14,000,000USD15,810,626Morgan Stanley16/3/2022(88,230)
EUR635,113USD717,000UBS16/3/2022(3,750)
EUR657,000USD746,720State Street16/3/2022(8,890)
USD397,348AUD557,000Morgan Stanley16/3/2022(5,985)
USD4,867,826CAD6,204,985Morgan Stanley16/3/2022(15,429)
USD1,883,945EUR1,675,000Royal Bank of Canada16/3/20222,872
USD1,790,865EUR1,592,000ANZ16/3/20223,004
USD7,712,180EUR6,790,000BNY Mellon16/3/202286,818
USD742,883EUR655,000Citibank16/3/20227,300
USD121,844EUR107,000Morgan Stanley16/3/20221,679
USD293,052EUR258,000BNP Paribas16/3/20223,311
USD158,981,033EUR140,393,000HSBC Bank Plc16/3/20221,315,722
USD6,680,590GBP4,924,000Morgan Stanley16/3/202276,139
USD3,283,239GBP2,429,000Societe Generale16/3/202225,276
USD972,962GBP728,000BNY Mellon16/3/2022(3,488)
USD3,541,503GBP2,632,000Deutsche Bank16/3/202211,261
USD118,768,599GBP89,563,000JP Morgan16/3/2022(1,360,244)
GBP61,093EUR73,000Royal Bank of Canada20/5/2022(239)
USD559,021EUR490,464BNY Mellon20/5/20226,913
未実現純評価損(20,756)
ヘッジを使用したユーロ建投資証券クラス
EUR217,669,550USD248,954,093BNY Mellon15/3/2022(4,513,004)
USD43,659,934EUR38,342,110BNY Mellon15/3/2022602,173
未実現純評価損(3,910,831)
ヘッジを使用したシンガポール・ドル建投資証券クラス
SGD268,264USD199,934BNY Mellon15/3/2022(2,374)
USD2,101SGD2,836BNY Mellon15/3/202213
未実現純評価損(2,361)
未実現純評価損合計(3,933,948)

添付の注記は、これらの財務書類の不可分の一部である。
未決済上場先物取引 2022年2月28日現在
契約数通貨契約/摘要満期日未実現評価益/(損)
(米ドル)
(2)EUREuro Bund2022年3月15,376
(140)EUREuro Schatz2022年3月19,939
(268)EUREuro BOBL2022年3月537,286
(314)EURShort-Term Euro-BTP2022年3月(215,974)
4,027USDUS Treasury 2 Year Note (CBT)2022年6月1,553,876
(12)USDUS Treasury 2 Year Note (CBT)2022年6月(7,125)
(17)USDUS Long Bond (CBT)2022年6月(24,378)
(17)USDUS Treasury 10 Year Note (CBT)2022年6月(17,986)
(58)USDUS Ultra Bond (CBT)2022年6月(42,097)
(103)USDUS Treasury 10 Year Note (CBT)2022年6月(77,783)
(170)USDUS Treasury 5 Year Note (CBT)2022年6月(125,772)
(329)USDUS Ultra 10 Year Note2022年6月(377,550)
(2,003)USDUS Treasury 5 Year Note (CBT)2022年6月(934,667)
合計303,145

スワップ 2022年2月28日現在
種類想定金額摘要取引相手満期日未実現評価
益/(損)
(米ドル)		時価
(米ドル)
CDSUSD 18,000,000ファンドはCDX.NA.IG.37.V1に係るデフォルト・プロテクションを受け取り、1%の固定金利を支払うBank of America20/12/2026145,269(258,623)
CDSUSD (7,935,000)ファンドはCDX.NA.HY.37.V1に係るデフォルト・プロテクションを受け取り、5%の固定金利を支払うBank of America20/12/2026(11,256)441,465
IRSUSD 13,340,000ファンドはUSD1日SOFRの変動金利を受け取り、1.76%の固定金利を支払うBank of America15/2/2029(61,315)(61,198)
IRSUSD 10,620,000ファンドは1.79%の固定金利を受け取り、USD1日SOFRの変動金利を支払うBank of America15/11/203155,32158,673
IRSUSD 2,660,000ファンドはUSD1日SOFRの変動金利を受け取り、1.805%の固定金利を支払うBank of America15/11/2048(21,424)(19,890)
合計106,595160,427

CDS: クレジット・デフォルト・スワップ
IRS: 金利スワップ
事後通告証券契約 2022年2月28日現在
保有高摘要時価
(米ドル)		純資産比率
(%)
TBA
米国
USD 17,190,000Fannie Mae or Freddie Mac ‘3 3/22’ 3% TBA17,248,4190.97
TBA合計17,248,4190.97

事後通告(以下「TBA」という。)契約は、主にパス・スルー代理人の発行体の所在国により分類される。
添付の注記は、これらの財務書類の不可分の一部である。
純資産計算書 2022年1月31日現在
グローバル・エクイティ・
インカム・ポートフォリオ
注記米ドル
資産
投資有価証券-取得原価80,420,219
未実現評価益11,256,187
投資有価証券-時価2(a)91,676,406
銀行預金2(a)26,659
未収利息および未収配当金2(a)55,573
販売受益証券未収金2(a)96,806
資産合計91,855,444
負債
未払費用およびその他の負債2(a),4,5,6,7,8181,821
負債合計181,821
純資産合計91,673,623

添付の注記は、これらの財務書類の不可分の一部である。
3会計年度末における純資産価額の概要 2022年1月31日現在
グローバル・エクイティ・インカム・ポートフォリオ
通貨2022年
1月31日現在		2021年
1月31日現在		2020年
1月31日現在
純資産合計米ドル91,673,62390,790,319100,733,419
以下の1口当たり純資産価額:
クラスA分配型受益証券米ドル17.0215.4414.95
クラスF分配型受益証券米ドル20.1817.9817.21

添付の注記は、これらの財務書類の不可分の一部である。
損益および純資産変動計算書 2022年1月31日に終了した会計年度
グローバル・エクイティ・
インカム・ポートフォリオ
注記米ドル
期首純資産90,790,319
収益
受取配当金(源泉徴収税控除後)2(c)1,822,770
収益合計1,822,770
費用
銀行利息2(c)89
投資運用報酬4235,217
販売報酬4235,217
管理事務代行報酬663,671
監査報酬713,004
法務報酬30,714
印刷およびその他の報告費用63,534
年次税1031,869
調整報酬59,801
保管報酬815,272
登録・名義書換事務代行報酬5,767
その他の報酬2(c)30,651
費用合計734,806
純投資利益1,087,964
投資有価証券に係る実現利益2(a),2(b)13,276,914
投資有価証券に係る実現(損失)2(a),2(b)(2,702,942)
以下に係る実現純利益/(損失):
外国通貨および先渡為替予約2(d),2(e)490,083
当期における実現純利益11,064,055
投資有価証券に係る未実現評価益の変動額912,691
投資有価証券に係る未実現評価(損)の変動額(948,421)
以下に係る未実現評価益/(損)の純変動額:
外国通貨および先渡為替予約2(d),2(e)(437)
当期における未実現評価益/(損)の純変動(36,167)
運用成績による純資産の増加12,115,852
資本の変動
受益証券発行による正味受取額2(h)13,822,181
受益証券買戻しによる正味支払額2(h)(23,256,261)
資本の変動による純資産の減少(9,434,080)
配当金宣言額11(1,798,468)
期末純資産91,673,623

添付の注記は、これらの財務書類の不可分の一部である。
発行済受益証券口数変動計算書 2022年1月31日現在
グローバル・エクイティ・インカム・ポートフォリオ
期首発行済
受益証券口数		発行
受益証券口数		買戻
受益証券口数		期末発行済
受益証券口数
クラスA分配型受益証券2,189,082573,389382,2702,380,201
クラスF分配型受益証券3,168,564202,553836,1222,534,995

添付の注記は、これらの財務書類の不可分の一部である。
グローバル・エクイティ・インカム・ポートフォリオ
投資有価証券明細表 2022年1月31日現在
保有高銘柄時価
(米ドル)		純資産比率
(%)
公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲渡可能な有価証券および短期金融商品
普通株式
カナダ
1,113TELUS Corp26,0690.03
26,0690.03
中国
70,300ENN Energy Holdings Ltd1,114,4061.22
1,114,4061.22
デンマーク
28,487Novo Nordisk A/S 'B2,821,8273.08
2,821,8273.08
フィンランド
5,842Kone Oyj 'B'372,6840.41
372,6840.41
フランス
6,424EssilorLuxottica SA1,197,5261.30
2,348Kering SA1,720,9101.88
1,520LVMH Moet Hennessy Louis Vuitton SE1,218,1221.33
30,925Sanofi3,219,7723.51
7,961Schneider Electric SE1,327,1081.45
8,683,4389.47
インドネシア
3,200,500Bank Rakyat Indonesia Persero Tok PT905,7180.99
905,7180.99
アイルランド
24,682Medtronic Plc2,517,5642.75
2,517,5642.75
日本
45,700KDDI Corp1,443,4081.57
1,443,4081.57
メキシコ
269,026Wal-Mart de Mexico SAB de CV915,2391.00
915,2391.00
ポルトガル
439,700EDP - Energias de Portugal SA2,230,9312.43
2,230,9312.43
シンガポール
43,300DBS Group Holdings Ltd1,126,4211.23
1,126,4211.23
スペイン
11,363Amadeus IT Group SA759,7240.83
759,7240.83


保有高銘柄時価
(米ドル)		純資産比率
(%)
スイス
12,764Logitech International SA Reg1,049,3701.14
4,059Nestle SA Reg519,4820.57
9,499TE Connectivity Ltd1,339,0741.46
2,907,9263.17
台湾
23,000Media Tek Inc888,9410.97
114,000Taiwan Semiconductor Manufacturing Co Ltd2,606,7452.84
3,495,6863.81
英国
20,626AstraZeneca Plc2,393,2612.61
227,698BAE Systems Plc1,771,5311.93
46,796Diageo Plc2,346,9862.56
11,528Ferguson Plc1,798,7521.96
124,251Prudential Plc2,061,3592.25
33,631Reckitt Benckiser Group Plc2,707,7742.95
88,038RELX Plc2,670,2512.91
418,479Taylor Wimpey Plc847,1140.93
16,597,02818.10
米国
17,608AbbVie Inc2,404,3722.62
5,077American Tower Corp (Reit)1,252,1411.37
12,705Assurant Inc1,908,6722.08
30,988Baker Hughes Co824,2810.90
46,075Citizens Financial Group Inc2,331,3952.54
32,265Comcast Corp 'A'1,594,3751.74
4,241Estee Lauder Cos Inc 'A'1,305,1251.42
24,447Fidelity National Information Services Inc2,858,8323.12
23,423Hasbro Inc2,108,7732.30
20,862Intercontinental Exchange Inc2,611,2972.85
2,992Intuit Inc1,620,0781.77
11,678M&T Bank Corp1,961,5542.14
11,267Microsoft Corp3,498,8543.82
23,319Otis Worldwide Corp1,954,3652.13
6,920Paychex Inc797,5990.87
19,294Philip Morris International Inc1,989,5972.17
15,046Progressive Corp1,616,3921.76
31,768Synchrony Financial1,314,5601.43
13,997Texas Instruments Inc2,488,1072.72
5,070UnitedHealth Group Inc2,376,6642.59
9,508Visa Inc 'A'2,117,9072.31
34,642Williams Cos Inc1,013,2781.11
41,948,21845.76
普通株式合計87,866,28795.85
公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲渡可能な有価証券および短期金融商品合計87,866,28795.85


保有高銘柄時価
(米ドル)		純資産比率
(%)
その他の譲渡可能な有価証券および短期金融商品
普通株式
カナダ
98,027TELUS Corp2,295,9902.50
2,295,9902.50
普通株式合計2,295,9902.50
その他の譲渡可能な有価証券および短期金融商品合計2,295,9902.50
集団投資スキーム~
アイルランド
15,137BlackRock ICS US Dollar Liquid Environmentally Aware Fund1,514,1291.65
1,514,1291.65
集団投資スキーム合計1,514,1291.65
投資有価証券-時価91,676,406100.00
その他の純負債(2,783)0.00
純資産合計(米ドル)91,673,623100.00

~ 関連当事者ファンドに対する投資。詳細については注記9を参照のこと。
業種別内訳 2022年1月31日現在
純資産比率
(%)
消費財、非循環型31.87
金融20.95
技術17.25
消費財、循環型9.40
資本財7.38
コミュニケーション5.84
電気・ガス・水道3.65
エネルギー2.01
集団投資スキーム1.65
投資有価証券-時価100.00
その他の純負債0.00
100.00

添付の注記は、これらの財務書類の不可分の一部である。

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