有報資料

有価証券報告書(内国投資信託受益証券)-第31期(2022/04/21-2022/10/20)

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【提出】: 2023/01/20 9:12
【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
投資証券	アメリカドル	ブラックロック・グローバル・ファンズグローバル・アロケーション・ファンドクラスJ投資証券	181,302.530	14,487,885.170
	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	10,411.990	157,533.400
	アメリカドル小計		191,714.520	14,645,418.570
	アメリカドル小計		191,714.520	(2,196,519,877)
投資証券合計				2,196,519,877
投資証券合計				(2,196,519,877)
合計				2,196,519,877
合計				(2,196,519,877)

(注1) 投資証券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	組入投資証券時価比率	合計金額に対する比率
アメリカドル	投資証券 2銘柄	100.0%	100.0%

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・ファンズグローバル・アロケーション・ファンドクラスJ投資証券」及び「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」(以下、両者を併せて「同ファンド」という。)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は、すべて同ファンドの投資証券であります。同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。
同ファンドの状況
(1) 同ファンドは、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。
(2) 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。
純資産計算書 2022年2月28日現在(未監査)

		グローバル・アロケーション・ファンド	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	米ドル
資産
投資有価証券-取得原価		16,012,897,340	1,757,519,937
未実現評価益/(損)		1,488,870,808	(44,119,363)
投資有価証券-時価	2(a)	17,501,768,148	1,713,400,574
銀行預金	2(a)	71,387,370	45,491,260
ブローカーに対する債権	15	58,999,128	1,159,000
未収利息および未収配当金	2(a)	34,622,504	6,340,167
売却投資有価証券未収金	2(a)	8,726,905	3,416*
販売投資証券未収金	2(a)	21,668,282	24,631,943
以下に係る未実現評価益:
未決済先渡為替予約	2(c)	81,591,423	303,145
差金決済契約	2(c)	2,585,426	-
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)	41,102,310	160,427
買建オプション/スワップションの時価	2(c)	66,901,605	-
その他の資産	2(a,c)	3,466,900	19,749
資産合計		17,892,820,001	1,808,758,100
負債
銀行からの借入金	2(a)	7,647,203	413,160
ブローカーに対する債務	15	61,256,378	203,201
未払収益分配金	2(a)	-	141,576
購入投資有価証券未払金	2(a)	178,558,091	17,235,661*
買戻し投資証券未払金	2(a)	48,515,125	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)	66,073,847	3,933,948
売建オプション/スワップションの時価	2(c)	72,992,558	-
その他の負債	5,6,7,8,9	24,459,487	1,158,718
負債合計		459,502,689	30,692,663
純資産合計		17,433,317,312	1,778,065,437

* 事後通告証券を含む。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)

		グローバル・アロケーション・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	17,433,317,312	18,768,461,196	14,364,783,152	14,264,886,849
以下の1口当たり純資産価額:
クラスA毎年分配型投資証券	米ドル	70.31	75.92	64.85	55.65
クラスAユーロ・ヘッジ毎年分配型投資証券	ユーロ	40.64	44.14	38.07	33.50
クラスA基準額以上毎四半期総収益分配型投資証券	米ドル	9.27	10.08	-	-
クラスA豪ドル・ヘッジ基準額以上毎四半期総収益分配型投資証券	豪ドル	9.21	10.08	-	-
クラスAシンガポール・ドル・ヘッジ基準額以上毎四半期総収益分配型投資証券	シンガポール・ドル	9.26	10.08	-	-
クラスA無分配投資証券	米ドル	72.32	78.08	66.71	57.23
クラスA豪ドル・ヘッジ無分配投資証券	豪ドル	20.84	22.63	19.42	17.07
クラスAスイス・フラン・ヘッジ無分配投資証券	スイス・フラン	14.25	15.48	13.38	11.78
クラスAオフショア中国人民元ヘッジ無分配投資証券	オフショア中国人民元	170.47	181.94	152.29	129.50
クラスAユーロ・ヘッジ無分配投資証券	ユーロ	43.73	47.51	40.97	36.05
クラスA英ポンド・ヘッジ無分配投資証券	英ポンド	36.22	39.18	33.63	29.46
クラスA香港ドル・ヘッジ無分配投資証券	香港ドル	17.22	18.62	15.92	13.67
クラスAポーランド・ズロチ・ヘッジ無分配投資証券	ポーランド・ズロチ	20.42	22.05	18.93	16.45
クラスAシンガポール・ドル・ヘッジ無分配投資証券	シンガポール・ドル	16.79	18.15	15.53	13.48
クラスAI無分配投資証券	米ドル	14.42	15.57	13.30	11.41
クラスAIユーロ・ヘッジ無分配投資証券	ユーロ	12.17	13.22	11.40	10.03
クラスC無分配投資証券	米ドル	53.87	58.53	50.63	43.99
クラスCユーロ・ヘッジ無分配投資証券	ユーロ	32.60	35.63	31.11	27.72
クラスD毎年分配型投資証券	米ドル	71.06	76.44	65.11	55.70
クラスDユーロ・ヘッジ毎年分配型投資証券	ユーロ	41.05	44.42	38.20	33.52
クラスD無分配投資証券	米ドル	80.50	86.59	73.42	62.53
クラスD豪ドル・ヘッジ無分配投資証券	豪ドル	22.36	24.19	20.61	17.98
クラスDスイス・フラン・ヘッジ無分配投資証券	スイス・フラン	15.31	16.57	14.21	12.42
クラスDユーロ・ヘッジ無分配投資証券	ユーロ	48.68	52.69	45.10	39.39
クラスD英ポンド・ヘッジ無分配投資証券	英ポンド	38.85	41.86	35.66	31.01
クラスDポーランド・ズロチ・ヘッジ無分配投資証券	ポーランド・ズロチ	21.93	23.58	20.09	17.34

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)(続き)

		グローバル・アロケーション・ファンド(続き)
	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
クラスDシンガポール・ドル・ヘッジ無分配投資証券	シンガポール・ドル	18.12	19.51	16.57	14.27
クラスD無分配英国報告型投資証券	英ポンド	60.02	62.83	55.12	51.19
クラスE無分配投資証券	米ドル	65.48	70.87	60.85	52.47
クラスEユーロ・ヘッジ無分配投資証券	ユーロ	41.26	44.93	38.94	34.44
クラスEポーランド・ズロチ・ヘッジ無分配投資証券	ポーランド・ズロチ	19.30	20.89	18.02	15.75
クラスI無分配投資証券	米ドル	80.69	86.71	73.37	62.34
クラスIユーロ・ヘッジ無分配投資証券	ユーロ	48.31	52.23	44.62	38.89
クラスIシンガポール・ドル・ヘッジ無分配投資証券	シンガポール・ドル	18.17	19.60	16.67	14.33
クラスJ無分配投資証券	米ドル	92.88	99.43	83.51	70.43
クラスX毎年分配型投資証券	米ドル	15.78	16.90	14.39	12.29
クラスX無分配投資証券	米ドル	92.26	98.78	82.95	69.96
クラスX豪ドル・ヘッジ無分配投資証券	豪ドル	25.39	27.33	23.07	19.93
クラスXユーロ・ヘッジ無分配投資証券	ユーロ	14.27	15.38	13.04	11.27
クラスX日本円ヘッジ無分配投資証券	日本円	1,432	1,535	1,295	1,109

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。
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)(続き)

		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	1,778,065,437	1,799,880,962	1,640,867,085	1,756,701,574
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	8.36	8.64	8.63	8.56
クラスA毎月分配型投資証券	米ドル	8.36	8.64	8.63	8.55
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	9.38	9.69	9.68	9.65
クラスA無分配投資証券	米ドル	13.85	14.26	14.10	13.74
クラスAユーロ・ヘッジ無分配投資証券	ユーロ	9.76	10.09	10.07	10.03
クラスAI無分配投資証券	米ドル	10.29	10.59	10.48	10.21
クラスC毎日分配型投資証券	米ドル	8.32	8.62	8.64	8.57
クラスC無分配投資証券	米ドル	10.88	11.27	11.29	11.14
クラスD毎月分配型投資証券	米ドル	9.60	9.92	9.90	9.82
クラスD無分配投資証券	米ドル	14.30	14.70	14.49	14.07
クラスDユーロ・ヘッジ無分配投資証券	ユーロ	9.78	10.09	10.04	9.96
クラスE無分配投資証券	米ドル	12.48	12.88	12.81	12.54
クラスI毎四半期分配型投資証券	米ドル	9.99	10.32	10.31	10.25
クラスI無分配投資証券	米ドル	10.91	11.21	11.04	10.72
クラスIユーロ・ヘッジ無分配投資証券	ユーロ	9.84	10.15	10.08	10.00
クラスX無分配投資証券	米ドル	15.82	16.21	15.91	15.37

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)

		グローバル・アロケーション・ファンド	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	米ドル
期首純資産		18,768,461,196	1,799,880,962
収益
債券利息、源泉徴収税控除後	2(b)	46,670,666	13,734,760
スワップ利息	2(c)	10,951,369	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)	1,150,568	1,302,275
配当金、源泉徴収税控除後	2(b)	73,706,305	-
差金決済契約配当金、源泉徴収税控除後	2(c)	14,427	-
有価証券貸付による収益	2(b)	1,297,810	77,268
投資運用報酬リベート	5	61,703	147,170
収益合計	2(b)	133,852,848	15,568,192
費用
銀行利息	2(b)	64,775	3,485
差金決済契約に係る支払利息	2(c)	130,935	-
スワップ利息	2(c)	5,071,939	279,272
差金決済契約配当金、源泉徴収税控除後	2(c)	665,791	-
年間サービス費用	7	15,652,905	593,010
ローン・コミットメント・フィー	17	57,635	5,790
保管および預託報酬	2(h),8	1,143,380	110,519
販売報酬	6	7,927,304	387,306
税金	9	3,837,928	381,388
投資運用報酬	5	111,546,429	4,625,052
費用合計		146,099,021	6,385,822
純(損失)/利益		(12,246,173)	9,182,370
以下に係る実現純評価益/(損):
投資有価証券	2(a)	680,903,866	(16,252,684)
事後通告証券契約	2(c)	(2,198,037)	53,184
差金決済契約	2(c)	12,915,003	-
上場先物取引	2(c)	(79,661,156)	665,764
オプション/スワップション契約	2(c)	11,857,902	-
スワップ取引	2(c)	(11,691,623)	1,165,746
先渡為替予約	2(c)	(160,697,488)	13,275,924
その他の取引に係る外国通貨	2(i)	2,053,892	(596,859)
当期実現純評価益/(損)		453,482,359	(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)	(1,994,233,934)	(58,551,601)
事後通告証券契約	2(c)	(974,574)	12,758
差金決済契約	2(c)	5,088,564	-
上場先物取引	2(c)	139,868,271	1,247,807
オプション/スワップション契約	2(c)	(62,161,687)	-
スワップ取引	2(c)	5,310,241	21,251
先渡為替予約	2(c)	(66,895,145)	(10,053,904)
その他の取引に係る外国通貨	2(i)	194,653	(34,191)
当期未実現評価益/(損)の純変動		(1,973,803,611)	(67,357,880)
運用成績による純資産の減少		(1,532,567,425)	(59,864,435)

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)(続き)

		グローバル・アロケーション・ファンド	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	米ドル
資本の変動
投資証券発行による正味受取額		2,160,720,806	518,902,693
投資証券買戻しによる正味支払額		(1,963,297,158)	(479,836,945)
資本の変動による純資産の増加		197,423,648	39,065,748
配当金宣言額	16	(107)	(1,016,838)
期末純資産		17,433,317,312	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)

	グローバル・アロケーション・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毎年分配型投資証券	16,442,812	1,678,064	937,488	17,183,388
クラスAユーロ・ヘッジ毎年分配型投資証券	1,814,449	56,991	258,222	1,613,218
クラスA基準額以上毎四半期総収益分配型投資証券	500	-	-	500
クラスA豪ドル・ヘッジ基準額以上毎四半期総収益分配型投資証券	659	-	-	659
クラスAシンガポール・ドル・ヘッジ基準額以上毎四半期総収益分配型投資証券	671	-	-	671
クラスA無分配投資証券	105,987,712	11,787,026	12,944,047	104,830,691
クラスA豪ドル・ヘッジ無分配投資証券	9,860,513	834,502	897,640	9,797,375
クラスAスイス・フラン・ヘッジ無分配投資証券	1,998,648	156,032	155,281	1,999,399
クラスAオフショア中国人民元ヘッジ無分配投資証券	868,456	421,543	207,665	1,082,334
クラスAユーロ・ヘッジ無分配投資証券	22,309,938	1,912,343	1,982,971	22,239,310
クラスA英ポンド・ヘッジ無分配投資証券	2,167,806	384,415	233,339	2,318,882
クラスA香港ドル・ヘッジ無分配投資証券	16,670,402	5,150,437	5,890,631	15,930,208
クラスAポーランド・ズロチ・ヘッジ無分配投資証券	2,487,903	867,152	727,952	2,627,103
クラスAシンガポール・ドル・ヘッジ無分配投資証券	5,325,757	890,143	301,253	5,914,647
クラスAI無分配投資証券	336,668	400,042	83,201	653,509
クラスAIユーロ・ヘッジ無分配投資証券	319,962	72,655	33,727	358,890
クラスC無分配投資証券	7,637,599	578,039	529,652	7,685,986
クラスCユーロ・ヘッジ無分配投資証券	1,622,193	316,967	129,150	1,810,010
クラスD毎年分配型投資証券	536,078	253,353	399,882	389,549
クラスDユーロ・ヘッジ毎年分配型投資証券	243,366	25,189	18,543	250,012
クラスD無分配投資証券	3,421,817	841,412	495,746	3,767,483
クラスD豪ドル・ヘッジ無分配投資証券	289,023	100,503	832	388,694
クラスDスイス・フラン・ヘッジ無分配投資証券	148,335	73,853	1,240	220,948
クラスDユーロ・ヘッジ無分配投資証券	6,905,999	994,100	837,665	7,062,434
クラスD英ポンド・ヘッジ無分配投資証券	1,007,875	138,134	114,427	1,031,582
クラスDポーランド・ズロチ・ヘッジ無分配投資証券	27,362	-	-	27,362
クラスDシンガポール・ドル・ヘッジ無分配投資証券	130,452	12,715	-	143,167
クラスD無分配英国報告型投資証券	10,672,914	1,751,216	1,905,454	10,518,676
クラスE無分配投資証券	19,055,668	3,595,308	1,222,271	21,428,705
クラスEユーロ・ヘッジ無分配投資証券	10,854,700	1,022,491	737,616	11,139,575
クラスEポーランド・ズロチ・ヘッジ無分配投資証券	269,095	49,333	31,129	287,299
クラスI無分配投資証券	10,886,790	2,036,918	880,865	12,042,843
クラスIユーロ・ヘッジ無分配投資証券	4,559,404	639,021	352,505	4,845,920

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)(続き)

	グローバル・アロケーション・ファンド(続き)
	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Iシンガポール・ドル・ヘッジ無分配投資証券	15	-	-	15
クラスJ無分配投資証券	228,356	2,370	13,296	217,430
クラスX毎年分配型投資証券	42,225,919	2,272,405	3,938,870	40,559,454
クラスX無分配投資証券	11,209,421	381,197	1,119,652	10,470,966
クラスX豪ドル・ヘッジ無分配投資証券	4,300,272	329,140	319,197	4,310,215
クラスXユーロ・ヘッジ無分配投資証券	450	-	-	450
クラスX日本円ヘッジ無分配投資証券	3,579,424	244,804	509,539	3,314,689

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)(続き)

	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	4,348,396	517,923	793,645	4,072,674
クラスA毎月分配型投資証券	2,468,538	3,781,356	4,788,392	1,461,502
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	-	14,779	28,223
クラスA無分配投資証券	37,437,776	5,036,409	9,680,388	32,793,797
クラスAユーロ・ヘッジ無分配投資証券	3,944,251	10,988,629	2,461,500	12,471,380
クラスAI無分配投資証券	9,001	78,082	38,033	49,050
クラスC毎日分配型投資証券	80,225	2,705	2,955	79,975
クラスC無分配投資証券	2,200,850	792,579	683,965	2,309,464
クラスD毎月分配型投資証券	9,497,812	6,329,645	3,853,662	11,973,795
クラスD無分配投資証券	36,387,356	10,131,080	8,150,166	38,368,270
クラスDユーロ・ヘッジ無分配投資証券	1,182,894	336,506	864,403	654,997
クラスE無分配投資証券	7,852,500	2,886,782	1,774,476	8,964,806
クラスI毎四半期分配型投資証券	3,763,952	23,141	-	3,787,093
クラスI無分配投資証券	7,280,126	725,519	1,637,086	6,368,559
クラスIユーロ・ヘッジ無分配投資証券	8,366,575	1,340,901	4,577,371	5,130,105
クラスX無分配投資証券	10,438,852	172,801	7,490	10,604,163

添付の注記は、これらの財務書類の不可分の一部である。
グローバル・アロケーション・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
ファンド
	アイルランド
1,976,189	iShares S&P 500 Financials Sector UCITS ETF USD ACC - ETF~	21,026,651	0.12
1,474,946	iShares S&P 500 Industrials Sector UCITS ETF~	11,641,011	0.07
		32,667,662	0.19
	ルクセンブルグ
44,961	BlackRock Strategic Funds - Emerging Markets Short Duration Bond Fund~	5,134,097	0.03
	米国
181,119	SPDR Gold Shares - ETF*	32,300,763	0.18
ファンド合計		70,102,522	0.40
普通/優先株式およびワラント
	オーストラリア
16,146	Australia & New Zealand Banking Group Ltd	304,032	0.00
490,276	BHP Group Ltd*	16,503,480	0.10
104,528	BHP Group Ltd*	3,530,954	0.02
8,432	CSL Ltd	1,587,030	0.01
402,429	Endeavour Group Ltd/Australia*	2,086,013	0.01
75,568	Goodman Group (Reit)	1,216,164	0.01
18,704	IGO Ltd	148,003	0.00
22,313	Magellan Financial Group Ltd*	297,228	0.00
132,359	Santos Ltd	695,672	0.00
2,968,467	South32 Ltd	10,336,939	0.06
182,135	Treasury Wine Estates Ltd	1,532,196	0.01
122,588	Woodside Petroleum Ltd	2,532,892	0.01
		40,770,603	0.23
	ベルギー
64,784	Etablissements Franz Colruyt NV	2,591,404	0.01
	バミューダ
574,600	China Gas Holdings Ltd*	908,833	0.01
59,009	Invesco Ltd	1,245,090	0.01
3,200	Jardine Matheson Holdings Ltd	190,400	0.00
205,000	Nine Dragons Paper Holdings Ltd*	195,963	0.00
108,007	Signet Jewelers Ltd*	7,679,297	0.04
		10,219,583	0.06
	ブラジル
194,121	Banco Bradesco SA (Pref)	766,812	0.00
98,974	Banco do Brasil SA	676,456	0.00
82,208	Embraer SA	280,853	0.00
143,072	Engie Brasil Energia SA	1,107,269	0.01

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	ブラジル(続き)
28,685	Gerdau SA (Pref)	141,764	0.00
552,835	Locaweb Servicos de Internet SA	1,072,046	0.01
303,736	Natura & Co Holding SA	1,364,896	0.01
440,450	Petroleo Brasileiro SA (Pref)	2,906,884	0.02
607,990	Sendas Distribuidora SA	1,588,524	0.01
149,633	WEG SA	853,939	0.00
		10,759,443	0.06
	英領バージン諸島
193,773	Capri Holdings Ltd*	13,238,571	0.08
	カナダ
46,532	Alimentation Couche-Tard Inc	1,844,439	0.01
16,792	Barrick Gold Corp*	378,060	0.00
3,813	Canadian Natural Resources Ltd	209,412	0.00
3,071,660	Cenovus Energy Inc*	47,691,483	0.27
647,457	Cenovus Energy Inc*	10,048,533	0.06
2,983,456	Enbridge Inc*	127,438,332	0.73
7,954	George Weston Ltd	863,534	0.01
13,384	Great-West Lifeco Inc	400,757	0.00
350,987	Lions Gate Entertainment Corp*	5,420,994	0.03
5,067	Loblaw Cos Ltd	398,821	0.00
32,540	Nutrien Ltd	2,658,003	0.02
21,847	Power Corp of Canada	671,787	0.00
21,123	Restaurant Brands International Inc	1,187,511	0.01
3,314	Royal Bank of Canada	364,534	0.00
15,072	Saputo Inc	363,531	0.00
5,810	Shopify Inc	3,979,792	0.02
125	Shopify Inc ‘A’	85,624	0.00
2,051	Shopify Inc ‘A’	1,407,498	0.01
16,876	Sun Life Financial Inc*	886,730	0.01
12,722	Suncor Energy Inc	381,035	0.00
6,399	TC Energy Corp	337,084	0.00
17,485	Thomson Reuters Corp*	1,755,039	0.01
8,163	Waste Connections Inc	1,013,681	0.01
		209,786,214	1.20
	ケイマン諸島
757,500	AAC Technologies Holdings Inc*	2,074,418	0.01
1,383,800	Alibaba Group Holding Ltd	18,451,893	0.11
184,012	Alibaba Group Holding Ltd ADR†	19,347,022	0.11
162,869	Angel Pond Holdings Corp	1,620,547	0.01
448,600	ANTA Sports Products Ltd*	6,825,603	0.04
42,700	ASM Pacific Technology Ltd	466,644	0.00
1,529,000	China Feihe Ltd	1,823,574	0.01
2,577,000	China Hongqiao Group Ltd	3,581,328	0.02
534,000	China Resources Cement Holdings Ltd	456,476	0.00

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	ケイマン諸島(続き)
103,000	Country Garden Services Holdings Co Ltd	615,537	0.00
368,500	Dali Foods Group Co Ltd	193,811	0.00
1,927,218	Diversey Holdings Ltd	18,539,837	0.11
67,200	ENN Energy Holdings Ltd*	975,174	0.01
662,104	GLOBALFOUNDRIES Inc*	37,561,160	0.21
1,071,000	Haidilao International Holding Ltd	2,455,994	0.01
507,852	Hedosophia European Growth*	5,585,896	0.03
463,357	Highland Transcend Partners I Corp	4,712,341	0.03
107,018	Huazhu Group Ltd ADR*	4,383,457	0.02
578,600	Hygeia Healthcare Holdings Co Ltd	3,139,382	0.02
159,000	Innovent Biologics Inc	711,122	0.00
2,264,100	JD Health International Inc*	16,775,445	0.10
211,178	JD.com Inc	7,545,082	0.04
3,128,500	Jinxin Fertility Group Ltd*	3,639,150	0.02
1,194,000	Jiumaojiu International Holdings Ltd*	2,664,714	0.01
567,000	Kingdee International Software Group Co Ltd*	1,391,655	0.01
766,600	Kingsoft Corp Ltd*	2,844,898	0.02
53,200	Kuaishou Technology	609,645	0.00
702,476	Li Auto Inc ADR	21,039,156	0.12
125,500	Li Ning Co Ltd	1,247,053	0.01
328,300	Meituan ‘B’	7,234,423	0.04
9,061,000	Microport Cardioflow Medtech Corp	3,455,352	0.02
920,000	Ming Yuan Cloud Group Holdings Ltd*	1,805,981	0.01
138,975	NetEase Inc	2,712,104	0.02
1,073,914	NU Holdings Ltd/Cayman Islands*	7,989,920	0.05
1,278,000	Shimao Group Holdings Ltd*	763,744	0.00
489,000	SITC International Holdings Co Ltd*	2,008,694	0.01
561,000	Sunac China Holdings Ltd	459,455	0.00
1,186,600	Tencent Holdings Ltd	63,957,663	0.37
464,000	Tingyi Cayman Islands Holding Corp*	1,026,034	0.01
194,042	TPB Acquisition Corp I	1,870,565	0.01
117,084	Vipshop Holdings Ltd ADR	1,020,972	0.01
1,668,000	Want Want China Holdings Ltd*	1,773,769	0.01
1,495,500	WH Group Ltd	1,042,996	0.01
610,797	Wuxi Biologics Cayman Inc	5,021,921	0.03
		293,421,607	1.68
	中国
7,140,000	Agricultural Bank of China Ltd ‘H’	2,704,518	0.02
621,836	Aier Eye Hospital Group Co Ltd	3,569,645	0.02
376,185	Amoy Diagnostics Co Ltd	3,382,164	0.02
153,000	Anhui Conch Cement Co Ltd ‘H’	820,362	0.00
10,100	Anhui Gujing Distillery Co Ltd	147,704	0.00
65,730	Asymchem Laboratories Tianjin Co Ltd	3,542,316	0.02
4,634,000	Bank of China Ltd ‘H’	1,802,725	0.01
516,500	BYD Co Ltd	20,409,683	0.12
41,000	BYD Co Ltd ‘H’	1,245,559	0.01

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	中国(続き)
26,000	CanSino Biologics Inc ‘H’	468,131	0.00
6,940,000	China Construction Bank Corp ‘H’	5,204,236	0.03
297,500	China Galaxy Securities Co Ltd ‘H’	170,174	0.00
1,033,000	China Life Insurance Co Ltd ‘H’	1,713,189	0.01
741,000	China Merchants Bank Co Ltd ‘H’*	6,239,417	0.04
3,186,000	China National Building Material Co Ltd ‘H’	4,085,201	0.02
446,200	China Pacific Insurance Group Co Ltd ‘H’	1,241,906	0.01
6,754,000	China Petroleum & Chemical Corp ‘H’	3,336,171	0.02
121,700	China Tourism Group Duty Free Corp Ltd	3,901,548	0.02
2,452,000	China Tower Corp Ltd ‘H’	285,537	0.00
471,200	Contemporary Amperex Technology Co Ltd	39,787,539	0.23
279,900	COSCO SHIPPING Holdings Co Ltd	776,351	0.00
617,600	COSCO SHIPPING Holdings Co Ltd ‘H’*	1,240,814	0.01
1,046,000	Dongfeng Motor Group Co Ltd ‘H’	898,161	0.01
388,600	Foshan Haitian Flavouring & Food Co Ltd	6,090,590	0.03
346,200	Ganfeng Lithium Co Ltd ‘H’*	5,825,761	0.03
339,592	Glodon Co Ltd	3,026,287	0.02
474,500	Great Wall Motor Co Ltd ‘H’	987,317	0.01
448,000	Gree Electric Appliances Inc of Zhuhai	2,607,912	0.02
1,768,600	Guangzhou Baiyun International Airport Co Ltd	3,516,743	0.02
201,400	Haier Smart Home Co Ltd ‘H’	702,305	0.00
228,800	Haitong Securities Co Ltd ‘H’	196,755	0.00
1,010,994	Hangzhou Robam Appliances Co Ltd	5,325,038	0.03
278,900	Hangzhou Tigermed Consulting Co Ltd ‘H’*	3,122,888	0.02
538,912	Hundsun Technologies Inc	4,456,997	0.03
7,443,000	Industrial & Commercial Bank of China Ltd ‘H’	4,448,000	0.03
101,900	Jafron Biomedical Co Ltd	738,051	0.00
514,200	Jiangsu Hengrui Medicine Co Ltd	3,262,730	0.02
30,700	JiuGui Liquor Co Ltd	830,570	0.00
19,500	Kweichow Moutai Co Ltd	5,527,211	0.03
227,000	Nongfu Spring Co Ltd ‘H’*	1,421,931	0.01
3,216,000	PetroChina Co Ltd ‘H’	1,716,137	0.01
39,800	Pharmaron Beijing Co Ltd	763,861	0.00
138,300	Pharmaron Beijing Co Ltd ‘H’*	1,670,683	0.01
1,756,000	PICC Property & Casualty Co Ltd ‘H’	1,853,866	0.01
358,000	Ping An Insurance Group Co of China Ltd ‘H’*	2,767,068	0.02
417,800	Shanghai Jinjiang International Hotels Co Ltd	3,716,626	0.02
7,300	Shenzhen Mindray Bio-Medical Electronics Co Ltd	378,040	0.00
673,307	Venustech Group Inc	2,575,321	0.01
411,800	Wuhan Raycus Fiber Laser Technologies Co Ltd	3,274,695	0.02
210,702	WuXi AppTec Co Ltd	3,466,817	0.02
107,300	WuXi AppTec Co Ltd ‘H’	1,521,386	0.01
353,092	Yifeng Pharmacy Chain Co Ltd	2,762,003	0.02
1,019,760	Yonyou Network Technology Co Ltd	5,061,239	0.03
366,000	Zijin Mining Group Co Ltd ‘H’	542,362	0.00

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	中国(続き)
266,400	ZTE Corp ‘H’	654,539	0.00
		191,784,780	1.10
	キュラソー
5,105	Schlumberger NV	194,705	0.00
	デンマーク
784	AP Moller - Maersk A/S ‘B’	2,466,923	0.01
1,297	Carlsberg AS	186,957	0.00
85,518	DSV A/S	15,776,447	0.09
14,819	GN Store Nord AS	785,276	0.00
127,649	Novo Nordisk A/S	13,072,192	0.08
214,662	Pandora A/S	22,199,908	0.13
		54,487,703	0.31
	フィンランド
405,485	Neste Oyj	15,878,350	0.09
23,715	Nordea Bank Abp	262,383	0.00
65,466	Wartsila OYJ Abp	717,272	0.01
		16,858,005	0.10
	フランス
1,087,861	Alstom SA*	27,483,909	0.16
314,935	Arkema SA	41,726,938	0.24
1,170,170	BNP Paribas SA*	68,858,636	0.39
900,260	Cie de Saint-Gobain	56,178,786	0.32
29,632	Credit Agricole SA	380,068	0.00
524,744	Danone SA*	31,844,428	0.18
328,706	Electricite de France SA*	2,966,151	0.02
101,087	EssilorLuxottica SA*	17,662,726	0.10
1,817	Kering SA	1,282,730	0.01
57,028	La Francaise des Jeux SAEM	2,367,566	0.01
117,507	LVMH Moet Hennessy Louis Vuitton SE	85,922,669	0.49
16,521	Orange SA	200,147	0.00
71,578	Orpea SA	2,942,701	0.02
6,806	Pernod Ricard SA	1,486,116	0.01
4,663	Remy Cointreau SA*	898,598	0.01
426,040	Safran SA	53,803,398	0.31
19,417	Schneider Electric SE	3,001,295	0.02
425,758	Societe Generale SA	12,051,400	0.07
11,249	TotalEnergies SE*	568,393	0.00
		411,626,655	2.36
	ドイツ
6,051	adidas AG	1,430,940	0.01
1,467	Allianz SE	332,098	0.00
863,741	Auto1 Group SE*	12,326,208	0.07
19,664	Bayerische Motoren Werke AG	1,874,843	0.01
6,169	Brenntag SE	518,315	0.00
214,300	Covestro AG	11,152,927	0.06

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	ドイツ(続き)
81,096	Daimler Truck Holding AG	2,439,292	0.01
3,600	Deutsche Boerse AG	613,546	0.00
4,847,533	Deutsche Telekom AG	86,778,285	0.50
13,848	Henkel AG & Co KGaA (Pref)	1,096,357	0.01
515,553	Infineon Technologies AG	17,547,034	0.10
1,685,022	Mercedes-Benz Group AG*	130,057,141	0.75
84,501	Porsche Automobil Holding SE (Pref)	8,457,829	0.05
280,515	Puma SE*	25,470,309	0.15
43,485	SAP SE	4,908,861	0.03
869,929	Siemens AG	122,612,258	0.70
49,102	Siemens Energy AG*	1,174,941	0.01
14,781	TeamViewer AG*	233,580	0.00
519,344	Telefonica Deutschland Holding AG	1,412,336	0.01
1,708,088	Vantage Towers AG*	55,959,514	0.32
21,446	Vitesco Technologies Group AG*	913,456	0.01
45,236	Volkswagen AG (Pref)	8,933,626	0.05
		496,243,696	2.85
	ガーンジー
608,833	Genius Sports Ltd*	3,427,730	0.02
	香港
7,155,200	AIA Group Ltd*	74,395,219	0.43
258,000	BYD Electronic International Co Ltd*	723,042	0.00
730,000	CSPC Pharmaceutical Group Ltd	864,101	0.01
271,000	Hang Lung Properties Ltd	568,046	0.00
3,642,000	Lenovo Group Ltd*	4,050,043	0.02
221,800	Link REIT (Unit) (Reit)	1,790,980	0.01
211,500	Sun Art Retail Group Ltd	76,053	0.00
100,500	Sun Hung Kai Properties Ltd	1,169,041	0.01
		83,636,525	0.48
	インド
113,462	HCL Technologies Ltd	1,697,017	0.01
348,544	Indian Oil Corp Ltd	531,969	0.00
31,801	InterGlobe Aviation Ltd	791,316	0.01
		3,020,302	0.02
	インドネシア
3,070,900	Bank Central Asia Tbk PT	1,720,662	0.01
	アイルランド
3,224	Accenture Plc ‘A’	1,021,460	0.01
2,790	Allegion plc	319,901	0.00
1,780	Eaton Corp Plc	272,963	0.00
97,164	Johnson Controls International plc	6,337,036	0.04
38,539	Linde Plc	11,222,942	0.06
30,821	Medtronic Plc	3,213,398	0.02
46,523	Trane Technologies Plc	7,183,616	0.04

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	アイルランド(続き)
8,078	Willis Towers Watson Plc	1,787,904	0.01
		31,359,220	0.18
	イスラエル
30,530	Innovid Corp (Wts 31/12/2027)	13,638	0.00
250,878	Nice Ltd ADR	56,665,814	0.32
93,649	SimilarWeb Ltd	1,254,896	0.01
		57,934,348	0.33
	イタリア
283,792	Enel SpA	2,077,991	0.01
34,476	Eni SpA*	529,570	0.00
24,317,752	Intesa Sanpaolo SpA	62,228,291	0.36
		64,835,852	0.37
	日本
22,500	Advantest Corp*	1,770,639	0.01
37,200	AGC Inc*	1,642,861	0.01
25,400	Aisin Corp*	922,294	0.01
41,100	Asahi Kasei Corp*	384,237	0.00
207,900	Astellas Pharma Inc	3,460,640	0.02
63,300	Capcom Co Ltd*	1,524,077	0.01
61,500	Chubu Electric Power Co Inc*	615,240	0.00
62,500	Chugai Pharmaceutical Co Ltd	2,060,648	0.01
225,600	CyberAgent Inc	2,908,694	0.02
57,500	Daiichi Sankyo Co Ltd	1,393,660	0.01
52,400	Eisai Co Ltd*	2,599,654	0.01
334,700	FANUC Corp*	61,434,017	0.35
28,100	Fujitsu Ltd*	4,038,666	0.02
205	GLP J-Reit (Reit)*	305,219	0.00
56,500	Honda Motor Co Ltd*	1,728,016	0.01
353,852	Hoya Corp	45,607,312	0.26
157,900	Inpex Corp	1,623,456	0.01
73,000	ITOCHU Corp*	2,370,734	0.01
20,200	Japan Post Bank Co Ltd	177,717	0.00
19,700	Japan Tobacco Inc	362,362	0.00
109,600	Kao Corp	5,116,029	0.03
33,719	Keyence Corp	15,733,874	0.09
233,800	Kirin Holdings Co Ltd*	3,869,450	0.02
146,600	Kose Corp*	16,700,861	0.10
47,500	Kyocera Corp	2,711,400	0.02
51,200	Kyowa Kirin Co Ltd	1,312,262	0.01
109,400	Lixil Corp*	2,425,205	0.01
10,300	Makita Corp*	364,171	0.00
216,300	Marubeni Corp*	2,258,618	0.01
391,200	Mazda Motor Corp*	2,905,446	0.02
444,300	Mitsubishi Electric Corp*	5,325,586	0.03
48,300	Mitsubishi Heavy Industries Ltd*	1,423,164	0.01
11,900	Mitsui OSK Lines Ltd	964,349	0.01

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	日本(続き)
431,800	Mizuho Financial Group Inc*	5,713,374	0.03
74,700	MS& AD Insurance Group Holdings Inc*	2,530,940	0.01
31,100	Murata Manufacturing Co Ltd*	2,101,216	0.01
118,700	NEC Corp*	5,103,106	0.03
21,600	Nidec Corp*	1,852,178	0.01
22,500	Nihon M&A Center Holdings Inc	324,650	0.00
35,900	Nippon Paint Holdings Co Ltd*	317,401	0.00
114,200	Nippon Telegraph & Telephone Corp	3,262,857	0.02
15,400	Nippon Yusen KK	1,425,691	0.01
21,700	Nitto Denko Corp*	1,572,123	0.01
1,029,400	Nomura Holdings Inc*	4,700,648	0.03
2,600	Obic Co Ltd*	413,049	0.00
77,800	Olympus Corp*	1,552,220	0.01
4,000	Omron Corp*	269,316	0.00
46,800	Oracle Corp Japan	3,313,418	0.02
8,900	Oriental Land Co Ltd/Japan*	1,631,660	0.01
7,100	Otsuka Corp	273,207	0.00
81,500	Otsuka Holdings Co Ltd	2,802,347	0.02
214,800	Pan Pacific International Holdings Corp	3,503,743	0.02
206,800	Panasonic Corp*	2,135,196	0.01
353,903	Recruit Holdings Co Ltd	14,797,261	0.08
150,500	Ricoh Co Ltd*	1,278,378	0.01
24,900	Rohm Co Ltd	1,950,865	0.01
25,000	Shiseido Co Ltd	1,424,233	0.01
214,700	SoftBank Corp	2,702,029	0.02
258,500	SoftBank Group Corp	11,494,619	0.07
111,600	Sony Group Corp	11,435,476	0.07
103,500	Subaru Corp*	1,700,379	0.01
22,300	SUMCO Corp	365,104	0.00
185,700	Sumitomo Corp*	3,019,407	0.02
15,600	Sumitomo Mitsui Trust Holdings Inc*	556,297	0.00
42,700	Suzuki Motor Corp*	1,694,218	0.01
20,500	Sysmex Corp	1,622,853	0.01
104,900	Terumo Corp	3,375,767	0.02
4,400	Tokyo Electron Ltd	2,129,087	0.01
337,500	Toyota Motor Corp*	6,262,146	0.04
228,500	Yamato Holdings Co Ltd*	4,456,795	0.03
		313,103,812	1.80
	ジャージー
281,165	Aptiv Plc	37,074,417	0.21
88,487	Aptiv Plc (Pref)	13,301,366	0.08
8,743	Experian Plc	339,150	0.00
77,665	Ferguson Plc*	11,748,857	0.07
6,010,734	Glencore Plc	35,480,471	0.20
		97,944,261	0.56

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	ルクセンブルグ
185,950	ArcelorMittal SA*	5,746,599	0.03
1,925,977	Arrival SA*	6,509,802	0.04
276,000	Samsonite International SA	614,551	0.00
		12,870,952	0.07
	メキシコ
212,663	America Movil SAB de CV	189,008	0.00
68,262	Fomento Economico Mexicano SAB de CV	533,673	0.00
231,311	Grupo Bimbo SAB de CV	716,579	0.01
		1,439,260	0.01
	オランダ
21,525	Adyen NV*	44,630,700	0.26
351,592	Akzo Nobel NV	33,257,769	0.19
131,671	ASML Holding NV	86,422,555	0.50
1,697	BE Semiconductor Industries NV*	141,781	0.00
15,562	CNH Industrial NV	218,850	0.00
53,913	Ferrari NV	11,557,302	0.07
7,941,894	ING Groep NV	91,952,813	0.53
21,009	Iveco Group NV	171,895	0.00
63,485	Koninklijke Ahold Delhaize NV	1,950,540	0.01
79,846	Koninklijke Philips NV	2,696,080	0.01
236,856	NXP Semiconductors NV	45,272,656	0.26
170,970	QIAGEN NV*	8,575,855	0.05
28,552	Randstad NV	1,913,112	0.01
150,833	Stellantis NV	2,728,921	0.01
210,313	STMicroelectronics NV	8,829,282	0.05
		340,320,111	1.95
	ノルウェー
15,790	Aker BP ASA	482,600	0.00
414,568	LINK Mobility Group Holding ASA	763,615	0.00
1,064,493	Norsk Hydro ASA	9,999,787	0.06
24,685	Yara International ASA	1,248,142	0.01
		12,494,144	0.07
	ポーランド
3,286	Dino Polska SA	234,472	0.00
45,485	Polski Koncern Naftowy ORLEN SA	765,574	0.01
		1,000,046	0.01
	ポルトガル
55,599	Jeronimo Martins SGPS SA	1,207,473	0.01
	サウジアラビア
4,423	Dr Sulaiman Al Habib Medical Services Group Co	201,833	0.00
	シンガポール
73,800	DBS Group Holdings Ltd	1,838,201	0.01
70,100	Singapore Press Holdings Ltd	120,292	0.00

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	シンガポール(続き)
76,800	United Overseas Bank Ltd	1,691,768	0.01
		3,650,261	0.02
	南アフリカ
108,667	FirstRand Ltd	461,474	0.00
82,543	Impala Platinum Holdings Ltd	1,562,625	0.01
22,058	Kumba Iron Ore Ltd*	861,811	0.01
21,555	Standard Bank Group Ltd	226,198	0.00
		3,112,108	0.02
	韓国
180,756	Amorepacific Corp	27,661,748	0.16
2,971	DL E&C Co Ltd	317,523	0.00
15,698	Fila Holdings Corp	459,575	0.00
36,698	Hana Financial Group Inc	1,486,416	0.01
154,749	Kakao Corp	12,111,182	0.07
20,549	KB Financial Group Inc	1,020,314	0.01
11,295	Kia Corp	693,285	0.01
1,478	Krafton Inc	362,631	0.00
4,965	Kumho Petrochemical Co Ltd	662,771	0.00
29,687	LG Chem Ltd	13,950,309	0.08
173,537	LG Energy Solution	59,464,583	0.34
285	LG Household & Health Care Ltd	225,184	0.00
1,525	Lotte Chemical Corp	279,037	0.00
4,914	OCI Co Ltd	429,135	0.00
4,169	POSCO	988,202	0.01
40,631	Samsung Electronics Co Ltd	2,436,474	0.02
2,360	Samsung Fire & Marine Insurance Co Ltd	373,918	0.00
42,076	Samsung SDI Co Ltd	19,177,151	0.11
4,190	SK Hynix Inc	430,378	0.00
50	SK Innovation Co Ltd	8,338	0.00
		142,538,154	0.82
	スペイン
1,198,137	Cellnex Telecom SA	54,596,162	0.31
51,245	Endesa SA	1,127,582	0.01
160,660	Iberdrola SA	1,811,287	0.01
		57,535,031	0.33
	スウェーデン
202,720	Atlas Copco AB	10,453,113	0.06
34,380	Elekta AB	294,615	0.00
369,593	Epiroc AB	6,809,429	0.04
4,725	EQT AB*	155,013	0.00
84,092	H & M Hennes & Mauritz AB*	1,390,164	0.01
698,494	Hexagon AB	9,403,380	0.06
52,456	Husqvarna AB	628,210	0.00
11,746	Kinnevik AB	296,313	0.00
53,953	Lundin Energy AB	1,950,402	0.01
24,472	Nibe Industrier AB	219,496	0.00

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	スウェーデン(続き)
16,362	Saab AB	494,031	0.00
1,924,264	Sandvik AB	41,407,510	0.24
55,771	SKF AB	1,016,617	0.01
143,571	Svenska Handelsbanken AB	1,374,912	0.01
173,046	Telia Co AB*	645,516	0.00
3,548,775	Volvo AB	67,346,650	0.39
		143,885,371	0.83
	スイス
84,322	ABB Ltd*	2,828,598	0.02
31,219	Adecco Group AG	1,476,887	0.01
77,623	Cie Financiere Richemont SA*	10,416,359	0.06
2,828	Cie Financiere Richemont SA (Wts 22/11/2023)	2,433	0.00
1,369	Garmin Ltd	150,754	0.00
95	Givaudan SA*	399,047	0.00
13,991	Julius Baer Group Ltd	814,055	0.00
3,207	Kuehne + Nagel International AG*	874,323	0.00
2,114	Logitech International SA	157,527	0.00
18,949	Lonza Group AG	13,162,718	0.08
109,265	Nestle SA	14,240,125	0.08
35,121	Novartis AG*	3,053,759	0.02
36,252	On Holding AG*	871,136	0.00
2,535	Partners Group Holding AG	3,432,119	0.02
2,010	Roche Holding AG*	765,954	0.00
50,921	Sika AG	17,076,003	0.10
5,513	Straumann Holding AG	8,736,526	0.05
3,281	Swatch Group AG/The*	1,009,168	0.01
486,023	TE Connectivity Ltd	69,000,685	0.40
9,562	Temenos AG*	955,302	0.01
31,709	UBS Group AG	578,450	0.00
		150,001,928	0.86
	台湾
162,000	ASE Technology Holding Co Ltd	573,804	0.00
31,000	Asustek Computer Inc	410,790	0.00
494,000	Cathay Financial Holding Co Ltd	1,097,777	0.01
371,000	Evergreen Marine Corp Taiwan Ltd	1,899,001	0.01
223,000	Formosa Plastics Corp	835,206	0.01
523,645	Fubon Financial Holding Co Ltd	1,402,737	0.01
239,600	Hon Hai Precision Industry Co Ltd	880,285	0.01
100,000	MediaTek Inc	3,870,161	0.02
302,000	Nan Ya Plastics Corp	944,726	0.01
112,000	Nanya Technology Corp	308,015	0.00
110,000	Novatek Microelectronics Corp	1,791,153	0.01
713,000	SinoPac Financial Holdings Co Ltd	434,895	0.00
778,000	Taiwan Cooperative Financial Holding Co Ltd	734,014	0.01
839,000	Taiwan Glass Industry Corp	685,325	0.00
4,965,000	Taiwan Semiconductor Manufacturing Co Ltd	106,968,400	0.61

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	台湾(続き)
243,000	Uni-President Enterprises Corp	581,605	0.00
393,000	United Microelectronics Corp	730,348	0.01
82,000	Wan Hai Lines Ltd	546,959	0.00
17,000	Yageo Corp	273,783	0.00
384,000	Yang Ming Marine Transport Corp	1,582,022	0.01
		126,551,006	0.73
	タイ
434,600	Intouch Holdings PCL	1,143,859	0.01
	トルコ
53,104	BIM Birlesik Magazalar AS	281,276	0.00
	英国
1,504,973	Alphawave IP Group Plc	3,713,708	0.02
402,031	Anglo American Plc	20,404,653	0.12
2,798	Ashtead Group Plc	181,916	0.00
591,647	AstraZeneca Plc	71,546,089	0.41
52,192	Atlassian Corp Plc	16,066,263	0.09
843,982	Auto Trader Group Plc	7,533,689	0.04
2,178,221	Barclays Plc	5,272,204	0.03
1,851,336	BP Plc*	8,830,173	0.05
302,262	BP Plc ADR*	8,632,603	0.05
11,962	British American Tobacco Plc	521,533	0.00
72,832	Burberry Group Plc*	1,881,709	0.01
1,946,520	Compass Group Plc	44,182,340	0.25
83,223	Diageo Plc	4,144,093	0.02
221,503	Dr. Martens Plc	828,791	0.01
111,286	Genius Sports Ltd (Wts 31/12/2028)	140,220	0.00
48,621	GlaxoSmithKline Plc	1,000,385	0.01
21,304	Hargreaves Lansdown Plc*	316,707	0.00
169,284	Hedosophia European Growth (Wts 13/5/2027)*	170,769	0.00
4,359	Intertek Group Plc	312,052	0.00
429,140	Kingfisher Plc	1,753,608	0.01
335,876	Legal & General Group Plc	1,231,512	0.01
132,477,185	Lloyds Banking Group Plc	84,995,009	0.49
2,779	London Stock Exchange Group Plc*	243,070	0.00
44,434	National Grid Plc	673,014	0.00
259,536	NatWest Group Plc	788,364	0.01
22,871	RELX Plc*	695,034	0.01
189,818	Rio Tinto Plc	14,561,113	0.08
161,635	Royal Mail Plc*	841,496	0.01
149,889	Shell Plc*	3,907,946	0.02
61,301	Smith & Nephew Plc	1,087,025	0.01
53,559	Spirax-Sarco Engineering Plc	8,482,884	0.05
5,618,149	THG Plc ‘B’*	7,989,538	0.05
447,599	Unilever Plc	22,501,309	0.13

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	英国(続き)
982,128	Unilever Plc	49,371,777	0.28
140,573	Vodafone Group Plc*	247,705	0.00
		395,050,301	2.27
	米国
20,940	2020 Cash Mandatory Exchangeable Trust (Pref)	23,306,220	0.13
10,819	3M Co	1,611,274	0.01
1,078,440	Abbott Laboratories	129,671,626	0.74
771,856	AbbVie Inc	112,667,820	0.65
6,606	Adobe Inc	3,077,537	0.02
79,422	Advance Auto Parts Inc	16,201,294	0.09
183,287	Advanced Micro Devices Inc	22,408,669	0.13
3,276	Agilent Technologies Inc	433,185	0.00
280,674	Air Products and Chemicals Inc	66,671,302	0.38
5,581	Airbnb Inc	847,865	0.01
8,247	Akamai Technologies Inc	871,790	0.01
301,943	Albemarle Corp	58,317,271	0.33
356,800	Alcoa Corp*	28,351,328	0.16
1,790	Alexandria Real Estate Equities Inc (Reit)	343,268	0.00
3,491	Allstate Corp/The	426,705	0.00
101,954	Alphabet Inc	272,199,848	1.56
574	Alphabet Inc ‘A’	1,530,031	0.01
189,155	Altair Engineering Inc ‘A’*	12,569,350	0.07
448,087	AltC Acquisition Corp	4,350,925	0.03
52,057	Altice USA Inc	593,450	0.00
304,400	Altus Power Inc	2,279,956	0.01
48,134	Altus Power Inc (Wts 22/1/2026)	73,645	0.00
80,056	Amazon.com Inc†	244,464,606	1.40
428,271	American Tower Corp (Reit)	97,470,197	0.56
26,655	American Water Works Co Inc	4,060,623	0.02
2,223	AMETEK Inc	286,723	0.00
8,094	Amphenol Corp ‘A’	614,173	0.00
3,052	Analog Devices Inc	489,632	0.00
45,461	ANSYS Inc	14,920,300	0.09
801	Anthem Inc	357,246	0.00
2,495	Apollo Global Management Inc	164,570	0.00
1,866,470	Apple Inc†	307,482,268	1.76
466,780	Applied Materials Inc	63,248,690	0.36
2,275	Arthur J Gallagher & Co	360,997	0.00
461,453	Astra Space Inc	1,541,253	0.01
244,199	Autodesk Inc	53,626,100	0.31
534	AutoZone Inc	996,850	0.01
1,809	AvalonBay Communities Inc (Reit)	438,176	0.00
12,928	AvidXchange Holdings Inc	125,919	0.00
230,548	Baker Hughes Co ‘A’	6,708,947	0.04
3,368,867	Bank of America Corp	146,882,601	0.84
247,024	Bath & Body Works Inc	13,193,552	0.08

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	米国(続き)
14,705	Baxter International Inc	1,263,454	0.01
2,038	Becton Dickinson and Co	548,018	0.00
345,952	Becton Dickinson and Co (Pref)	18,387,349	0.11
161,656	Berkshire Grey Inc ‘A’	514,066	0.00
4,201	Berkshire Hathaway Inc ‘B’	1,338,103	0.01
102,430	Best Buy Co Inc	9,844,547	0.06
196,983	Blend Labs Inc	1,701,933	0.01
114	Booking Holdings Inc	250,800	0.00
2,498,140	Boston Scientific Corp	110,392,807	0.63
54,071	Boston Scientific Corp (Pref)	6,295,487	0.04
1,058,976	Bristol-Myers Squibb Co	71,576,188	0.41
305	Broadcom Inc	179,645	0.00
47,218	Brown-Forman Corp	3,085,224	0.02
94,596	Cadence Design Systems Inc	14,498,729	0.08
306,835	California Resources Corp	12,629,329	0.07
100,904	Cano Health Inc (Wts 3/6/2026)	101,913	0.00
77,170	Cano Health Inc (Wts 3/6/2026)	77,942	0.00
105,315	Capital One Financial Corp	15,827,791	0.09
6,074	Cardinal Health Inc	324,291	0.00
214,582	Carrier Global Corp	9,654,044	0.06
16,304	CBRE Group Inc ‘A’	1,601,542	0.01
2,381	CDW Corp/DE	414,913	0.00
600,490	CF Industries Holdings Inc	48,081,234	0.28
1,328,177	Charles Schwab Corp/The	111,619,995	0.64
94,316	Charter Communications Inc*	56,381,162	0.32
4,724	Cigna Corp	1,112,030	0.01
387,410	Citigroup Capital XIII (Pref)	10,320,602	0.06
4,291	Citigroup Inc	254,456	0.00
58,202	CME Group Inc	13,785,726	0.08
4,807	CMS Energy Corp	307,263	0.00
1,408,883	Comcast Corp	65,823,014	0.38
2,857	Comerica Inc	269,701	0.00
1,864,822	ConocoPhillips	170,202,304	0.98
5,219	Constellation Brands Inc ‘A’	1,114,778	0.01
15,352	Constellation Energy Corp	658,601	0.00
51,052	Corteva Inc	2,628,157	0.02
215,125	Costco Wholesale Corp	111,378,817	0.64
251,083	Coupang Inc*	6,332,313	0.04
159,072	Crowdstrike Holdings Inc	30,767,706	0.18
18,495	Crown Castle International Corp (Reit)	3,068,505	0.02
8,564	CSX Corp	291,690	0.00
16,206	Danaher Corp	4,484,524	0.03
61,594	Datadog Inc	10,151,307	0.06
19,234	DaVita Inc	2,154,977	0.01
5,169	Deere & Co	1,823,106	0.01

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	米国(続き)
70,290	Dell Technologies Inc	3,637,507	0.02
170,184	Delta Air Lines Inc	6,778,429	0.04
410,557	Devon Energy Corp	23,151,309	0.13
49,998	Dexcom Inc*	20,585,677	0.12
83,728	Dick’s Sporting Goods Inc*	8,769,671	0.05
28,082	DocuSign Inc ‘A’	3,282,505	0.02
3,301	Dominion Energy Inc	261,637	0.00
801	Domino’s Pizza Inc	341,034	0.00
961,655	DR Horton Inc	82,586,931	0.47
6,305	Duke Realty Corp (Reit)	336,120	0.00
375,975	Dynatrace Inc	16,603,056	0.10
3,333	Ecolab Inc	589,208	0.00
4,952	Edison International	308,212	0.00
489,693	Edwards Lifesciences Corp	54,659,533	0.31
19,813	Electronic Arts Inc	2,577,671	0.01
128,209	Element Solutions Inc	3,137,274	0.02
1,416	Eli Lilly & Co	351,083	0.00
78,050	Embark Technology Inc (Wts 31/12/2027)	58,537	0.00
32,038	Emerson Electric Co	2,966,719	0.02
10,809	EPAM Systems Inc	3,600,694	0.02
3,527,118	EQT Corp	79,995,036	0.46
36,185	Equity Residential (Reit)	3,130,364	0.02
4,937	Essex Property Trust Inc (Reit)	1,583,049	0.01
21,147	Estee Lauder Cos Inc/The ‘A’	6,243,440	0.04
2,898	Evergy Inc	180,603	0.00
92,280	EVgo Inc (Wts 15/9/2025)	231,623	0.00
71,767	Expedia Group Inc	13,722,568	0.08
1,808	Extra Space Storage Inc (Reit)	346,612	0.00
126,967	Exxon Mobil Corp	9,785,347	0.06
91,067	F5 Inc	18,101,388	0.10
7,943	Fastenal Co	406,046	0.00
34,702	FedEx Corp	7,559,831	0.04
11,447	Fidelity National Information Services Inc	1,096,966	0.01
12,000	First Republic Bank/CA	2,070,720	0.01
116,463	Floor & Decor Holdings Inc ‘A’	11,409,880	0.07
3,219	FMC Corp	371,054	0.00
639,999	Ford Motor Co	11,254,382	0.06
2,472	Fortinet Inc	829,702	0.00
70,443	Fortinet Inc	23,643,489	0.14
1,335,962	Fortive Corp	86,810,811	0.50
45,663	Franklin Resources Inc	1,354,821	0.01
1,726,868	Freeport-McMoRan Inc	80,247,556	0.46
319,067	Frontier Communications Parent Inc*	8,627,572	0.05
20,545	Frontier Communications Parent Inc*	555,537	0.00
3,543	Gartner Inc	1,002,563	0.01
49,317	Generac Holdings Inc	15,548,171	0.09

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	米国(続き)
1,749,040	General Motors Co	81,015,533	0.46
12,163	Genuine Parts Co	1,481,210	0.01
31,449	Gilead Sciences Inc	1,872,473	0.01
1,287	Gitlab Inc	73,706	0.00
1,068	Goldman Sachs Group Inc/The	362,554	0.00
183,961	Gores Holdings VIII Inc	1,832,252	0.01
34,904	Gores Holdings VIII Inc (Wts 31/12/2027)	47,120	0.00
182,670	Green Plains Inc*	5,923,988	0.03
7,687	HCA Healthcare Inc	1,904,070	0.01
12,971	Hess Corp	1,283,351	0.01
163,843	Hewlett Packard Enterprise Co	2,578,070	0.01
329,397	Hilton Worldwide Holdings Inc	48,266,542	0.28
79,631	Hippo Holdings Inc (Wts 2/8/2026)	26,756	0.00
13,573	Hologic Inc	971,012	0.01
257,358	Home Depot Inc/The	80,894,053	0.46
3,200	Honeywell International Inc	602,592	0.00
31,785	HP Inc	1,092,450	0.01
6,435	HubSpot Inc	3,373,291	0.02
178,002	Humana Inc	76,325,478	0.44
4,438	Huntington Ingalls Industries Inc	898,118	0.01
3,584	IDEXX Laboratories Inc	1,878,016	0.01
293,116	Informatica Inc*	6,222,853	0.04
9,492	Ingersoll Rand Inc	486,275	0.00
1,448	Intercontinental Exchange Inc	185,923	0.00
329,051	International Flavors & Fragrances Inc	45,323,485	0.26
25,557	Intuit Inc	12,180,977	0.07
178,686	Intuitive Surgical Inc†	52,178,099	0.30
405,513	Johnson & Johnson	66,370,313	0.38
27,734	JPMorgan Chase & Co	3,969,290	0.02
396,515	Khosla Ventures Acquisition Co	3,858,091	0.02
85,637	Kinder Morgan Inc	1,459,254	0.01
16,728	Kroger Co/The	785,547	0.00
3,429	Laboratory Corp of America Holdings	934,368	0.01
3,981	Lam Research Corp	2,267,458	0.01
193,611	Latch Inc (Wts 4/6/2026)	135,528	0.00
23,301	Latch Inc (Wts 4/6/2026)	16,311	0.00
125,604	Lennar Corp	11,460,109	0.07
1,021,318	Liberty Media Acquisition Corp	10,386,804	0.06
867,859	Liberty Media Corp-Liberty SiriusXM	43,714,058	0.25
625,496	Liberty Media Corp-Liberty SiriusXM*	31,499,979	0.18
178,087	Lightning eMotors Inc (Wts 15/12/2025)	224,233	0.00
112,793	Live Nation Entertainment Inc	13,943,471	0.08
31,536	LKQ Corp	1,489,130	0.01
57,776	Lowe’s Cos Inc	12,577,835	0.07
9,162	Lululemon Athletica Inc	2,894,734	0.02
639,907	Marsh & McLennan Cos Inc	99,223,979	0.57

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	米国(続き)
1,244,528	Masco Corp	69,494,444	0.40
41,057	Masimo Corp	6,279,668	0.04
351,549	Mastercard Inc	127,570,101	0.73
207,499	McDonald’s Corp	50,706,531	0.29
782	MercadoLibre Inc	883,746	0.01
29,397	Merck & Co Inc	2,213,888	0.01
182,912	Meta Platforms Inc ‘A’	38,038,380	0.22
2,057	Mettler-Toledo International Inc	2,924,416	0.02
19,819	MGM Resorts International	869,460	0.01
3,981	Microchip Technology Inc	282,850	0.00
621,850	Micron Technology Inc	55,605,827	0.32
1,245,690	Microsoft Corp†	369,334,628	2.12
1,755,970	Mirion Tech Inc ‘A’	15,136,461	0.09
196,836	Mirion Technologies Inc	1,696,726	0.01
33,066	Moderna Inc	4,960,231	0.03
1,676	Mohawk Industries Inc	238,277	0.00
35,949	MongoDB Inc ‘A’	13,615,684	0.08
5,771	Monster Beverage Corp	488,284	0.00
981	Moody’s Corp	316,549	0.00
914,101	Morgan Stanley	83,749,934	0.48
33,390	Mosaic Co/The	1,669,500	0.01
2,099	Motorola Solutions Inc	460,059	0.00
9,765	Netflix Inc	3,771,341	0.02
92,580	New Relic Inc	6,197,305	0.04
3,029	Newmont Corp	201,459	0.00
1,161,497	NextEra Energy Inc†	89,830,178	0.52
80,844	NIKE Inc	11,170,215	0.06
11,619	Northern Trust Corp	1,334,675	0.01
259,066	NVIDIA Corp	62,833,868	0.36
44	NVR Inc	215,602	0.00
155,458	Offerpad Solutions Inc (Wts 1/9/2026)	96,384	0.00
470,584	Offerpad Solutions Inc ‘A’	2,291,744	0.01
56,988	Okta Inc	10,344,462	0.06
781	Old Dominion Freight Line Inc	243,211	0.00
52,495	ONEOK Inc	3,381,203	0.02
36,413	Oracle Corp	2,768,480	0.02
23,568	O’Reilly Automotive Inc	15,335,698	0.09
19,549	Otis Worldwide Corp	1,537,333	0.01
94,513	Palantir Technologies Inc	1,100,604	0.01
45,260	Palo Alto Networks Inc	26,504,256	0.15
94,598	Park Hotels & Resorts Inc (Reit)	1,818,174	0.01
159,877	Parker-Hannifin Corp	47,264,437	0.27
2,060	Paycom Software Inc	697,269	0.00
7,470	PayPal Holdings Inc	824,688	0.00
428,370	Peloton Interactive Inc ‘A’*	11,912,970	0.07
15,036	Peloton Interactive Inc ‘A’*	418,151	0.00

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	米国(続き)
115,374	Penn National Gaming Inc*	5,750,240	0.03
71,862	PepsiCo Inc	11,783,212	0.07
35,885	Pfizer Inc	1,665,423	0.01
9,181	Philip Morris International Inc	938,665	0.01
21,286	Pinterest Inc	561,950	0.00
156,601	Pioneer Natural Resources Co	35,891,383	0.21
389,680	Planet Labs PBC	2,115,962	0.01
1,140,761	Playtika Holding Corp	23,853,312	0.14
13,575	PNC Financial Services Group Inc/The	2,694,094	0.02
388,626	PPG Industries Inc	52,480,055	0.30
2,097	Procter & Gamble Co/The	326,461	0.00
1,659	Progressive Corp/The	175,356	0.00
33,661	Prologis Inc (Reit)	4,929,317	0.03
4,005	PulteGroup Inc	198,127	0.00
79,741	PVH Corp	7,840,933	0.05
78,040	QUALCOMM Inc	13,443,951	0.08
23,601	Regeneron Pharmaceuticals Inc	14,434,844	0.08
72,672	ResMed Inc	17,681,824	0.10
320,633	Rivian Automotive Inc*	20,658,384	0.12
281,782	Rocket Lab USA Inc	2,620,573	0.02
6,490	Rockwell Automation Inc	1,774,301	0.01
34,695	Rollins Inc	1,119,087	0.01
4,971	Ross Stores Inc	454,051	0.00
37,680	S&P Global Inc*	14,420,136	0.08
542,829	salesforce.com Inc	114,162,367	0.66
35,467	Sarcos Technology and Robotics Corp	211,029	0.00
338,691	Sarcos Technology and Robotics Corp (Wts 15/6/2027)	277,727	0.00
167,667	Sarcos Technology and Robotics Corp (Wts 15/6/2027)	137,487	0.00
12,836	SBA Communications Corp (Reit) ‘A’	3,894,827	0.02
67,603	Seagen Inc	8,647,100	0.05
107,186	Seagen Inc	13,710,161	0.08
419,014	Sema4 Holdings Corp	1,470,739	0.01
1,284,776	Sema4 Holdings Corp	4,509,564	0.03
765,072	Sempra Energy	109,696,023	0.63
103,671	ServiceNow Inc	60,128,143	0.35
2,022	Sherwin-Williams Co/The	533,929	0.00
1,201	Simon Property Group Inc (Reit)	167,035	0.00
2,516	Skyworks Solutions Inc	348,466	0.00
568,011	SmartRent Inc*	3,646,631	0.02
6,806	Snap-on Inc	1,428,784	0.01
2,686	Snowflake Inc	720,493	0.00
499,616	Soc Telemed Inc ‘A’	1,463,875	0.01
534,112	Sonder Holdings Inc ‘A’	3,017,733	0.02
525,235	Sonos Inc*	14,317,906	0.08
25,844	Southwest Airlines Co	1,133,001	0.01
35,748	Splunk Inc	4,261,519	0.02

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	米国(続き)
2,060	Stanley Black & Decker Inc	331,866	0.00
299,436	Starbucks Corp	27,449,298	0.16
323,188	Starwood Property Trust Inc (Reit)	7,649,860	0.04
74,935	Stryker Corp	19,602,996	0.11
607,300	Sun Country Airlines Lockup	16,269,567	0.09
762	SVB Financial Group	466,976	0.00
95	Synopsys Inc	29,583	0.00
1,134	Synopsys Inc	353,128	0.00
20,486	T Rowe Price Group Inc	2,918,436	0.02
21,456	Tenet Healthcare Corp	1,823,760	0.01
6,005	Teradyne Inc	712,854	0.00
7,152	Tesla Inc	6,029,136	0.03
170,459	Thermo Fisher Scientific Inc	92,422,870	0.53
1,181,436	TJX Cos Inc/The	77,679,417	0.45
1,803	T-Mobile US Inc	219,804	0.00
386,525	Toast Inc*	7,823,266	0.05
64,680	TPB Acquisition Corp I (Wts 19/2/2023)	32,340	0.00
41,240	TPG Pace Beneficial Finance Corp (Wts 9/10/2027)	27,614	0.00
3,962	Tractor Supply Co	796,481	0.00
5,852	Trimble Inc	408,411	0.00
76,216	Twilio Inc ‘A’	13,023,028	0.07
244,000	Uber Technologies Inc	8,698,600	0.05
5,890	UDR Inc (Reit)	327,837	0.00
16,764	Ulta Beauty Inc	6,250,457	0.04
485,743	United Parcel Service Inc ‘B’	100,650,807	0.58
37,983	United Rentals Inc	11,930,840	0.07
241,164	United States Steel Corp*	6,583,777	0.04
417,864	UnitedHealth Group Inc	196,191,327	1.13
145,478	US Bancorp	8,146,768	0.05
4,384	Vail Resorts Inc	1,156,938	0.01
887,033	Valero Energy Corp	74,918,807	0.43
79,573	VeriSign Inc	16,910,854	0.10
66,490	Verisk Analytics Inc ‘A’	11,847,853	0.07
108,234	Verizon Communications Inc	5,818,660	0.03
6,609	Vertex Pharmaceuticals Inc	1,498,392	0.01
3,033,645	Vertiv Holdings Co ‘A’	40,226,133	0.23
9,886	VF Corp	570,521	0.00
12,526	Victoria’s Secret & Co*	692,187	0.00
52,690	Victoria’s Secret & Co*	2,911,649	0.02
1,451	Visa Inc ‘A’	314,490	0.00
19,646	VMware Inc*	2,284,633	0.01
95,050	Volta Inc (Wts 26/8/2026)	161,585	0.00
474,609	Vulcan Materials Co	86,302,901	0.50
3,419	W R Berkley Corp	306,103	0.00
305,764	Walmart Inc	41,327,062	0.24
641,830	Walt Disney Co/The	94,708,435	0.54

保有高	銘柄	時価 (米ドル)	純資産比率 (%)
	米国(続き)
4,476	Waters Corp	1,430,619	0.01
4,590	WEC Energy Group Inc	415,670	0.00
6,710	Wells Fargo & Co	352,543	0.00
3,520	Wells Fargo & Co (Pref)	4,773,336	0.03
214,812	Western Digital Corp	11,054,226	0.06
262,829	Weyerhaeuser Co (Reit)	10,208,278	0.06
112,339	Williams-Sonoma Inc*	16,336,337	0.09
303,348	WillScot Mobile Mini Holdings Corp*	11,011,532	0.06
13,124	Workday Inc ‘A’	3,028,757	0.02
3,145	Xcel Energy Inc	210,967	0.00
209,996	XPO Logistics Inc	15,182,711	0.09
47,857	Yum China Holdings Inc*	2,476,600	0.01
75,400	Yum China Holdings Inc*	3,826,696	0.02
10,624	Yum! Brands Inc	1,297,722	0.01
3,292	Zebra Technologies Corp	1,369,242	0.01
74,640	Zoetis Inc	14,496,581	0.08
14,971	Zoom Video Communications Inc ‘A’	1,900,568	0.01
98,942	Zscaler Inc	23,272,148	0.13
		6,860,718,913	39.35
普通/優先株式およびワラント合計		10,662,967,708	61.17

債券
		アルゼンチン
USD	13,678,279	Argentine Republic Government International Bond (Step-up coupon) 0.5% 9/7/2030	4,342,853	0.03
USD	8,207,086	Argentine Republic Government International Bond (Step-up coupon) 0.5% 9/7/2030	2,605,750	0.02
USD	716,746	Argentine Republic Government International Bond 1% 9/7/2029	235,093	0.00
USD	1,574,444	Argentine Republic Government International Bond 1% 9/7/2029	516,418	0.00
USD	1,933,040	Argentine Republic Government International Bond (Step-up coupon) 1.125% 9/7/2035	570,247	0.00
USD	25,059,639	Argentine Republic Government International Bond (Step-up coupon) 1.125% 9/7/2035	7,392,593	0.04
USD	8,980,835	Argentine Republic Government International Bond (Step-up coupon) 2% 9/1/2038	3,300,457	0.02
USD	1,575,363	Argentine Republic Government International Bond (Step-up coupon) 2.5% 9/7/2041	531,685	0.00
USD	580,316	Genneia SA ‘144A’ 8.75% 2/9/2027	543,018	0.00
			20,038,114	0.11
		オーストラリア
AUD	328,974,000	Australia Government Bond 1% 21/11/2031	214,039,241	1.23
		オーストリア
USD	1,016,000	Klabin Austria GmbH ‘144A’ 3.2% 12/1/2031	873,252	0.01
EUR	10,780,000	Republic of Austria Government Bond ‘144A’ 2.1% 20/9/2117	15,812,747	0.09
USD	792,000	Suzano Austria GmbH 3.125% 15/1/2032	699,930	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		オーストリア(続き)
USD	278,000	Suzano Austria GmbH 3.75% 15/1/2031	260,327	0.00
			17,646,256	0.10
		バハマ
USD	675,000	Intercorp Peru Ltd ‘144A’ 3.875% 15/8/2029	639,625	0.00
		バーレーン
USD	382,000	Bahrain Government International Bond ‘144A’ 4.25% 25/1/2028	363,377	0.00
USD	699,000	Bahrain Government International Bond 6.75% 20/9/2029	719,177	0.01
USD	254,000	Bahrain Government International Bond 7% 26/1/2026	272,604	0.00
USD	256,000	Bahrain Government International Bond 7.375% 14/5/2030	271,700	0.00
USD	350,000	BBK BSC 5.5% 9/7/2024	360,575	0.00
USD	329,000	Oil and Gas Holding Co BSCC/The 7.625% 7/11/2024	345,039	0.00
			2,332,472	0.01
		バミューダ
USD	221,000	Geopark Ltd ‘144A’5.5% 17/1/2027	208,557	0.00
USD	709,000	Inkia Energy Ltd 5.875% 9/11/2027	693,138	0.01
USD	201,000	Investment Energy Resources Ltd ‘144A’6.25% 26/4/2029	210,045	0.00
USD	1,280,000	Li & Fung Ltd 4.375% 4/10/2024	1,281,002	0.01
USD	510,000	Li & Fung Ltd 4.5% 18/8/2025	508,272	0.00
USD	1,800,000	Star Energy Geothermal Darajat II / Star Energy Geothermal Salak 4.85% 14/10/2038	1,825,015	0.01
USD	1,502,000	Star Energy Geothermal Darajat II / Star Energy Geothermal Salak ‘144A’4.85% 14/10/2038	1,522,874	0.01
			6,248,903	0.04
		ブラジル
USD	893,000	Banco do Brasil SA/Cayman 4.75% 20/3/2024	921,228	0.00
BRL	4,043,570	Brazil Letras do Tesouro Nacional 1/7/2024 (Zero Coupon)	60,668,112	0.35
USD	1,868,000	Brazilian Government International Bond 3.875% 12/6/2030	1,734,900	0.01
USD	1,158,000	Brazilian Government International Bond 4.625% 13/1/2028	1,175,630	0.01
USD	400,000	Brazilian Government International Bond 6% 7/4/2026	439,656	0.00
USD	927,000	Itau Unibanco Holding SA/Cayman Island ‘144A’ 3.25% 24/1/2025	922,764	0.01
USD	518,000	Oi SA 10% 27/7/2025	422,946	0.00
			66,285,236	0.38
		英領バージン諸島
USD	956,000	Champion Path Holdings Ltd 4.5% 27/1/2026	836,500	0.01
USD	956,000	Champion Path Holdings Ltd 4.85% 27/1/2028	779,721	0.01
USD	378,000	Easy Tactic Ltd 8.125% 27/2/2023	94,500	0.00
USD	1,010,000	Easy Tactic Ltd 8.625% 5/3/2024	242,400	0.00
USD	360,000	Easy Tactic Ltd 11.625% 3/9/2024	86,400	0.00
USD	578,000	Easy Tactic Ltd 11.75% 2/8/2023	144,500	0.00
USD	407,000	Fortune Star BVI Ltd 5% 18/5/2026	376,210	0.00
USD	1,501,000	Fortune Star BVI Ltd 5.05% 27/1/2027	1,365,910	0.01
USD	579,000	Fortune Star BVI Ltd 5.95% 19/10/2025	561,340	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		英領バージン諸島(続き)
USD	514,000	Fortune Star BVI Ltd 6.85% 2/7/2024	511,173	0.00
USD	691,000	Gold Fields Orogen Holdings BVI Ltd ‘144A’ 5.125% 15/5/2024	713,482	0.01
USD	600,000	Greenland Global Investment Ltd 6.125% 22/4/2023	465,000	0.00
USD	340,000	Greenland Global Investment Ltd 6.75% 26/9/2023	258,230	0.00
USD	310,000	Haimen Zhongnan Investment Development International Co Ltd 10.875% 18/6/2022	125,550	0.00
USD	1,100,000	Haimen Zhongnan Investment Development International Co Ltd 12% 8/6/2022	445,676	0.00
USD	2,355,000	HKT Capital No 6 Ltd 3% 18/1/2032	2,235,755	0.01
USD	1,075,000	New Metro Global Ltd 4.5% 2/5/2026	600,933	0.00
USD	2,502,000	NWD Finance BVI Ltd FRN 10/3/2028 (Perpetual)	2,380,027	0.02
USD	2,778,000	NWD MTN Ltd 4.125% 18/7/2029	2,668,866	0.02
USD	860,000	RKPF Overseas 2019 A Ltd 6% 4/9/2025	703,050	0.01
USD	256,000	RKPF Overseas 2020 A Ltd 5.125% 26/7/2026	206,080	0.00
USD	785,000	RKPF Overseas 2020 A Ltd 5.2% 12/1/2026	633,888	0.00
USD	270,061	Star Energy Geothermal Wayang Windu Ltd 6.75% 24/4/2033	287,783	0.00
USD	1,606,000	Studio City Finance Ltd 5% 15/1/2029	1,246,055	0.01
USD	378,000	Wanda Properties International Co Ltd 7.25% 29/1/2024	351,559	0.00
USD	378,000	Wanda Properties Overseas Ltd 6.875% 23/7/2023	356,454	0.00
			18,677,042	0.11
		カナダ
USD	618,000	Bausch Health Cos Inc ‘144A’ 4.875% 1/6/2028	592,693	0.00
USD	347,000	Brookfield Residential Properties Inc / Brookfield Residential US LLC ‘144A’ 5% 15/6/2029	327,072	0.00
USD	79,000	Brookfield Residential Properties Inc / Brookfield Residential US LLC ‘144A’ 6.25% 15/9/2027	79,554	0.00
CAD	117,934,000	Canadian Government Bond 0.5% 1/9/2025	89,104,006	0.51
USD	2,666,000	First Quantum Minerals Ltd ‘144A’ 6.875% 15/10/2027	2,829,073	0.02
USD	66,000	Masonite International Corp ‘144A’ 5.375% 1/2/2028	66,920	0.00
USD	1,260,000	Mattamy Group Corp ‘144A’ 4.625% 1/3/2030	1,181,603	0.01
			94,180,921	0.54
		ケイマン諸島
USD	2,040,000	Agile Group Holdings Ltd 5.5% 21/4/2025	775,710	0.01
USD	828,928	AGL CLO 5 Ltd ‘Series 2020-5A A2R’ ‘144A’ FRN 20/7/2034	822,548	0.01
USD	1,153,674	AGL CLO 5 Ltd ‘Series 2020-5A BR’ ‘144A’ FRN 20/7/2034	1,153,443	0.01
USD	725,000	AIMCO CLO Series 2017-A ‘Series 2017-AA AR’ ‘144A’ FRN 20/4/2034	718,870	0.01
USD	278,501	AIMCO CLO Series 2018-A ‘Series 2018-AA B’ ‘144A’ FRN 17/4/2031	277,672	0.00
USD	250,000	Allegro CLO XI Ltd ‘Series 2019-2A A2A’ ‘144A’ FRN 19/1/2033	248,403	0.00
USD	1,085,000	Apidos CLO XV ‘Series 2013- 15A A1RR’ ‘144A’ FRN 20/4/2031	1,079,363	0.01
USD	250,000	Apidos CLO XXXI ‘Series 2019-31A BR‘ ‘144A’ FRN 15/4/2031	248,303	0.00
USD	1,561,000	Arabian Centres Sukuk II Ltd ‘144A’ 5.625% 7/10/2026	1,533,683	0.01
USD	418,056	Atrium XII ‘144A’ FRN 22/4/2027	415,232	0.00
USD	400,000	Atrium XIII ‘144A’ FRN 21/11/2030	397,706	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ケイマン諸島(続き)
USD	500,000	Beechwood Park CLO Ltd ‘Series 2019-1A B2A’ ‘144A’ FRN 17/1/2033	499,948	0.00
USD	250,000	Benefit Street Partners Clo XXII Ltd ‘Series 2020-22A B’ ‘144A’ FRN 20/1/2032	249,315	0.00
USD	235,198	Bioceanico Sovereign Certificate Ltd 5/6/2034 (Zero Coupon)	174,164	0.00
USD	279,432	BlueMountain CLO 2014-2 Ltd ‘Series 2014-2A BR2’‘144A’ FRN 20/10/2030	278,733	0.00
USD	250,000	Canyon CLO 2020-3 Ltd ‘Series 2020-3A B’ ‘144A’ FRN 15/1/2034	248,850	0.00
USD	250,000	CARLYLE US CLO 2018-1 Ltd ‘Series 2018-1A A2’ ‘144A’ FRN 20/4/2031	247,537	0.00
USD	541,794	Catskill Park CLO Ltd ‘Series 2017-1A A1B’ ‘144A’ FRN 20/4/2029	538,930	0.01
USD	350,000	Central China Real Estate Ltd 7.9% 7/11/2023	168,000	0.00
USD	692,352	Chenango Park CLO Ltd ‘Series 2018-1A A2’ ‘144A’ FRN 15/4/2030	692,371	0.01
USD	1,410,000	China Aoyuan Group Ltd 5.98% 18/8/2025	260,850	0.00
USD	600,000	China Aoyuan Group Ltd 6.35% 8/2/2024	111,000	0.00
USD	1,579,000	China Aoyuan Group Ltd 7.95% 19/2/2023	300,010	0.00
USD	975,000	China Aoyuan Group Ltd (Defaulted) 7.95% 21/6/2024	180,375	0.00
USD	739,000	China Aoyuan Group Ltd (Defaulted) 8.5% 23/1/2022	147,800	0.00
USD	1,516,000	China Evergrande Group 8.25% 23/3/2022	261,510	0.00
USD	1,516,000	China Evergrande Group 9.5% 11/4/2022	234,980	0.00
USD	756,000	China Evergrande Group 10% 11/4/2023	109,620	0.00
USD	1,512,000	China Evergrande Group 11.5% 22/1/2023	234,360	0.00
USD	15,900,000	China Milk Products Group Ltd (Restricted) (Defaulted) 5/1/2012 (Zero Coupon)	23,850	0.00
USD	756,000	China SCE Group Holdings Ltd 5.95% 29/9/2024	487,620	0.00
USD	756,000	China SCE Group Holdings Ltd 7.375% 9/4/2024	502,740	0.00
USD	387,293	CIFC Funding 2017-III Ltd ‘Series 2017-3A A2’‘144A’ FRN 20/7/2030	387,330	0.00
USD	250,000	CIFC Funding 2018-II Ltd ‘Series 2018-2A A1’‘144A’ FRN 20/4/2031	248,157	0.00
USD	945,000	CIFI Holdings Group Co Ltd 4.45% 17/8/2026*	715,838	0.01
USD	378,000	CIFI Holdings Group Co Ltd 5.95% 20/10/2025	295,785	0.00
USD	378,000	CIFI Holdings Group Co Ltd 6% 16/7/2025	297,675	0.00
USD	287,000	Clear Creek CLO ‘Series 2015-1A AR‘‘144A’ FRN 20/10/2030	285,676	0.00
USD	692,561	Cook Park CLO Ltd ‘Series 2018-1A B’‘144A’ FRN 17/4/2030	689,140	0.01
USD	300,000	DaFa Properties Group Ltd 12.375% 30/7/2022	157,500	0.00
USD	970,000	DaFa Properties Group Ltd 12.5% 30/6/2022	447,170	0.00
USD	531,000	Dexin China Holdings Co Ltd 9.95% 3/12/2022	348,514	0.00
USD	679,000	DP World Salaam FRN 1/10/2025 (Perpetual)	714,543	0.01
USD	350,000	Fantasia Holdings Group Co Ltd 7.95% 5/7/2022	79,625	0.00
USD	399,000	Fantasia Holdings Group Co Ltd 9.25% 28/7/2023	88,074	0.00
USD	319,000	Fantasia Holdings Group Co Ltd 9.875% 19/10/2023	70,064	0.00
USD	352,000	Fantasia Holdings Group Co Ltd 10.875% 9/1/2023	80,080	0.00
USD	2,470,000	Fantasia Holdings Group Co Ltd 11.75% 17/4/2022	561,925	0.01
USD	956,000	Fantasia Holdings Group Co Ltd 11.875% 1/6/2023	217,490	0.00
USD	250,000	Goldentree Loan Management US CLO 1 Ltd ‘Series 2017-1A A1R2’‘144A’ FRN 20/4/2034	248,067	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ケイマン諸島(続き)
USD	400,000	Goldentree Loan Management US Clo 3 Ltd ‘Series 2018-3A AJ’‘144A’ FRN 20/4/2030	397,003	0.00
USD	735,000	Grupo Aval Ltd ‘144A’ 4.375% 4/2/2030	653,218	0.01
USD	940,000	Hilong Holding Ltd 9.75% 18/11/2024	757,316	0.01
USD	350,000	IHS Holding Ltd ‘144A’ 6.25% 29/11/2028	342,125	0.00
USD	890,000	Jingrui Holdings Ltd 12% 25/7/2022	378,250	0.00
USD	956,000	Kaisa Group Holdings Ltd 9.75% 28/9/2023	219,010	0.00
USD	1,054,000	Kaisa Group Holdings Ltd 10.875% 23/7/2023	243,153	0.00
USD	1,200,000	Kaisa Group Holdings Ltd 11.25% 16/4/2025	273,048	0.00
USD	1,322,000	Kaisa Group Holdings Ltd (Defaulted) 11.95% 12/11/2023	308,601	0.00
USD	1,826,000	KWG Group Holdings Ltd 7.4% 5/3/2024	812,570	0.01
USD	947,000	Logan Group Co Ltd 4.5% 13/1/2028	279,365	0.00
USD	450,000	Madison Park Funding XIII Ltd ‘Series 2014-13A BR2’‘144A’ FRN 19/4/2030	448,207	0.00
USD	280,587	Madison Park Funding XXVI Ltd ‘Series 2017-26A AR’‘144A’ FRN 29/7/2030	281,072	0.00
USD	1,592,000	MAF Sukuk Ltd 4.638% 14/5/2029	1,706,540	0.01
USD	828,000	Melco Resorts Finance Ltd 5.25% 26/4/2026	773,112	0.01
USD	1,508,000	Melco Resorts Finance Ltd 5.375% 4/12/2029	1,311,960	0.01
USD	200,000	MGM China Holdings Ltd 5.25% 18/6/2025	189,927	0.00
USD	1,500,000	MGM China Holdings Ltd 5.375% 15/5/2024	1,456,661	0.01
USD	378,000	MGM China Holdings Ltd 5.875% 15/5/2026	361,413	0.00
USD	378,000	Modern Land China Co Ltd 4/3/2024 (Zero Coupon)	75,600	0.00
USD	1,460,000	Modern Land China Co Ltd 9.8% 11/4/2023	292,000	0.00
USD	378,000	Modern Land China Co Ltd 11.5% 13/11/2022	75,600	0.00
USD	250,000	Neuberger Berman Loan Advisers CLO 29 Ltd ‘Series 2018-29A A2’‘144A’ FRN 19/10/2031	248,242	0.00
USD	292,000	Neuberger Berman Loan Advisers CLO 37 Ltd ‘Series 2020-37A BR’‘144A’ FRN 20/7/2031	291,598	0.00
USD	500,000	Ocean Trails CLO VI ‘Series 2016-6A CRR’‘144A’ FRN 15/7/2028	500,246	0.00
USD	342,000	Oryx Funding Ltd ‘144A’ 5.8% 3/2/2031	347,558	0.00
USD	250,000	Palmer Square CLO 2018-1 Ltd ‘Series 2018-1A A1’‘144A’ FRN 18/4/2031	248,032	0.00
USD	370,796	Park Avenue Institutional Advisers CLO Ltd 2016-1 ‘Series 2016-1A A2R’‘144A’ FRN 23/8/2031	370,026	0.00
USD	653,058	Pikes Peak CLO 1 ‘Series 2018-1A A’‘144A’ FRN 24/7/2031	647,155	0.01
USD	400,000	Pikes Peak CLO 8 ‘Series 2021-8A A’‘144A’ FRN 20/7/2034	397,470	0.00
USD	756,000	Powerlong Real Estate Holdings Ltd 6.25% 10/8/2024	408,240	0.00
USD	578,000	Redsun Properties Group Ltd 10.5% 3/10/2022	236,691	0.00
USD	250,000	Rockford Tower CLO 2018-1 Ltd ‘Series 2018-1A A’‘144A’ FRN 20/5/2031	248,313	0.00
USD	1,350,000	Ronshine China Holdings Ltd 6.75% 5/8/2024	316,575	0.00
USD	1,563,000	Ronshine China Holdings Ltd 7.1% 25/1/2025	359,490	0.00
USD	435,000	Ronshine China Holdings Ltd 7.35% 15/12/2023	106,575	0.00
USD	400,000	Ronshine China Holdings Ltd 8.1% 9/6/2023	103,800	0.00
USD	439,000	Sable International Finance Ltd 5.75% 7/9/2027	451,514	0.00
USD	1,040,000	Sands China Ltd 4.375% 18/6/2030	947,518	0.01
USD	170,000	Shelf Drilling Holdings Ltd ‘144A’ 8.875% 15/11/2024	173,825	0.00
USD	1,266,000	Shimao Group Holdings Ltd 3.45% 11/1/2031	335,490	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ケイマン諸島(続き)
USD	1,408,000	Shui On Development Holding Ltd 5.5% 3/3/2025	1,291,136	0.01
USD	330,000	Sinic Holdings Group Co Ltd (Defaulted) 24/1/2022 (Zero Coupon)	20,694	0.00
USD	790,000	Sinic Holdings Group Co Ltd 10.5% 18/6/2022	31,600	0.00
USD	556,000	Sunac China Holdings Ltd 6.5% 10/1/2025	216,840	0.00
USD	971,000	Sunac China Holdings Ltd 6.65% 3/8/2024	383,545	0.00
USD	1,275,000	Sunac China Holdings Ltd 7% 9/7/2025	497,250	0.00
USD	1,294,000	Times China Holdings Ltd 5.75% 14/1/2027	459,370	0.00
USD	493,000	Times China Holdings Ltd 6.75% 8/7/2025	184,875	0.00
USD	1,075,805	Trinitas CLO XIV Ltd ‘Series 2020-14A B’‘144A’ FRN 25/1/2034	1,070,172	0.01
USD	627,088	Trinitas CLO XIV Ltd ‘Series 2020-14A C’‘144A’ FRN 25/1/2034	629,067	0.01
USD	318,609	Tryon Park CLO Ltd FRN 15/4/2029	318,567	0.00
USD	249,139	Voya CLO 2013-3 Ltd ‘Series 2013-3A A1RR’‘144A’ FRN 18/10/2031	247,890	0.00
USD	956,000	Wynn Macau Ltd 4.875% 1/10/2024	886,982	0.01
USD	1,406,000	Wynn Macau Ltd 5.5% 15/1/2026	1,278,124	0.01
USD	981,000	XP Inc ‘144A’ 3.25% 1/7/2026	914,380	0.01
USD	278,501	York CLO 1 Ltd ‘Series 2014-1A BRR’‘144A’ FRN 22/10/2029	278,212	0.00
USD	945,000	Yuzhou Group Holdings Co Ltd 7.375% 13/1/2026	163,891	0.00
USD	408,000	Yuzhou Group Holdings Co Ltd 7.7% 20/2/2025	69,360	0.00
USD	450,000	Yuzhou Group Holdings Co Ltd 8.5% 4/2/2023	76,500	0.00
USD	1,310,000	Yuzhou Group Holdings Co Ltd 8.5% 26/2/2024	242,301	0.00
USD	262,000	Zhenro Properties Group Ltd 7.35% 5/2/2025	28,820	0.00
			47,219,834	0.27
		チリ
USD	452,000	Celulosa Arauco y Constitucion SA ‘144A’ 5.15% 29/1/2050	455,936	0.00
USD	697,000	Chile Government International Bond 2.55% 27/7/2033	631,482	0.00
USD	1,253,000	Chile Government International Bond 3.1% 7/5/2041	1,097,315	0.01
USD	225,000	Chile Government International Bond 3.5% 31/1/2034	221,400	0.00
USD	400,000	Chile Government International Bond 4% 31/1/2052	389,900	0.00
USD	482,000	Colbun SA ‘144A’ 3.15% 19/1/2032	445,425	0.00
USD	203,000	Corp Nacional del Cobre de Chile ‘144A’ 3.75% 15/1/2031	204,776	0.00
USD	756,000	Corp Nacional del Cobre de Chile 4.25% 17/7/2042	738,005	0.01
USD	35,000	Corp Nacional del Cobre de Chile 4.25% 17/7/2042	34,167	0.00
USD	549,735	GNL Quintero SA 4.634% 31/7/2029	557,830	0.00
USD	743,000	Sociedad Quimica y Minera de Chile SA ‘144A’ 3.5% 10/9/2051	631,639	0.01
USD	1,105,000	VTR Comunicaciones SpA ‘144A’ 4.375% 15/4/2029	1,046,987	0.01
			6,454,862	0.04
		中国
CNY	316,200,000	China Government Bond 2.68% 21/5/2030	49,337,118	0.28
USD	1,908,000	ZhongAn Online P&C Insurance Co Ltd 3.5% 8/3/2026	1,781,595	0.01
			51,118,713	0.29
		コロンビア
USD	441,000	Banco Davivienda SA ‘144A’ FRN 22/4/2031 (Perpetual)	416,927	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		コロンビア(続き)
USD	271,000	Banco GNB Sudameris SA ‘144A’ FRN 16/4/2031	263,438	0.00
USD	985,000	Colombia Government International Bond 3% 30/1/2030	841,025	0.01
USD	1,478,000	Colombia Government International Bond 3.125% 15/4/2031	1,242,577	0.01
USD	382,000	Colombia Government International Bond 3.25% 22/4/2032	317,442	0.00
USD	1,022,000	Colombia Government International Bond 3.875% 25/4/2027	979,257	0.01
USD	470,000	Colombia Government International Bond 4.125% 15/5/2051	349,095	0.00
USD	469,000	Colombia Government International Bond 4.5% 28/1/2026	475,388	0.00
USD	576,000	Colombia Government International Bond 4.5% 15/3/2029	552,737	0.00
USD	791,000	Colombia Government International Bond 8.125% 21/5/2024	873,780	0.01
USD	620,000	Ecopetrol SA 4.625% 2/11/2031	555,830	0.00
USD	851,000	Ecopetrol SA 5.375% 26/6/2026	872,232	0.01
USD	731,000	Empresas Publicas de Medellin ESP ‘144A’ 4.25% 18/7/2029	651,453	0.00
USD	772,000	SURA Asset Management SA ‘144A’ 4.875% 17/4/2024	796,219	0.00
			9,187,400	0.05
		キプロス
USD	337,000	MHP SE ‘144A’ 7.75% 10/5/2024	134,800	0.00
		ドミニカ共和国
USD	1,594,000	Aeropuertos Dominicanos Siglo XXI SA ‘144A’ 6.75% 30/3/2029	1,580,778	0.01
USD	1,923,000	Dominican Republic International Bond ‘144A’ 4.5% 30/1/2030	1,788,313	0.01
USD	1,899,000	Dominican Republic International Bond ‘144A’ 4.875% 23/9/2032	1,740,101	0.01
USD	337,000	Dominican Republic International Bond 5.3% 21/1/2041	291,422	0.00
USD	930,000	Dominican Republic International Bond ‘144A’ 5.5% 22/2/2029	927,136	0.01
USD	2,602,000	Dominican Republic International Bond 5.95% 25/1/2027	2,735,352	0.02
USD	315,000	Dominican Republic International Bond ‘144A’ 6% 22/2/2033	310,551	0.00
USD	765,000	Dominican Republic International Bond 6.4% 5/6/2049	724,837	0.00
			10,098,490	0.06
		エジプト
USD	784,000	Egypt Government International Bond ‘144A’ 5.25% 6/10/2025	752,640	0.01
USD	690,000	Egypt Government International Bond ‘144A’ 5.75% 29/5/2024	692,587	0.00
USD	2,033,000	Egypt Government International Bond 5.875% 11/6/2025	1,994,881	0.01
EUR	698,000	Egypt Government International Bond ‘144A’ 6.375% 11/4/2031	624,764	0.00
USD	438,000	Egypt Government International Bond ‘144A’ 7.5% 16/2/2061	315,360	0.00
USD	966,000	Egypt Government International Bond ‘144A’ 8.5% 31/1/2047	748,650	0.01
			5,128,882	0.03
		フランス
EUR	9,902,000	CAB SELAS 3.375% 1/2/2028	10,224,682	0.06
EUR	1,000,000	Chrome Bidco SASU 3.5% 31/5/2028	1,052,245	0.01
EUR	5,512,000	Chrome Holdco SASU 5% 31/5/2029	5,735,391	0.03

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		フランス(続き)
EUR	4,000,000	Picard Groupe SAS 3.875% 1/7/2026	4,356,302	0.03
USD	2,509,000	Societe Generale SA ‘144A’ FRN 18/11/2030 (Perpetual)	2,412,153	0.01
			23,780,773	0.14
		ドイツ
EUR	7,400,000	Adler Pelzer Holding GmbH 4.125% 1/4/2024	7,413,912	0.04
EUR	6,140,000	APCOA Parking Holdings GmbH FRN 15/1/2027	6,844,389	0.04
EUR	8,412,000	Douglas GmbH 6% 8/4/2026*	9,108,480	0.05
EUR	5,504,858	Kirk Beauty SUN GmbH 8.25% 1/10/2026*	5,658,051	0.03
EUR	7,507,000	KME SE 6.75% 1/2/2023*	8,146,538	0.05
			37,171,370	0.21
		グアテマラ
USD	994,000	Guatemala Government Bond ‘144A’ 4.65% 7/10/2041	910,365	0.01
USD	612,000	Guatemala Government Bond ‘144A’ 5.375% 24/4/2032	632,099	0.00
			1,542,464	0.01
		香港
USD	2,500,000	AIA Group Ltd FRN 7/4/2026 (Perpetual)	2,412,500	0.01
USD	595,000	Bank of East Asia Ltd/The FRN 19/9/2024 (Perpetual)	602,696	0.00
USD	945,000	Bank of East Asia Ltd/The FRN 21/10/2025 (Perpetual)	959,766	0.01
USD	1,640,000	Nanyang Commercial Bank Ltd FRN 20/11/2029	1,652,571	0.01
USD	945,000	Yango Justice International Ltd 7.875% 4/9/2024	141,750	0.00
USD	766,000	Yango Justice International Ltd (Defaulted) 9.25% 15/4/2023	114,517	0.00
USD	284,000	Yango Justice International Ltd 10.25% 15/9/2022	42,600	0.00
USD	756,000	Yanlord Land HK Co Ltd 5.125% 20/5/2026	701,908	0.01
			6,628,308	0.04
		ハンガリー
USD	484,000	Hungary Government International Bond ‘144A’ 3.125% 21/9/2051	400,406	0.00
		インド
USD	510,000	Bharat Petroleum Corp Ltd 4% 8/5/2025	518,392	0.00
USD	880,000	Bharti Airtel Ltd 3.25% 3/6/2031*	828,441	0.00
USD	2,010,000	Export-Import Bank of India 3.25% 15/1/2030	1,932,917	0.01
USD	930,000	Export-Import Bank of India 3.875% 1/2/2028	948,851	0.01
USD	662,000	GMR Hyderabad International Airport Ltd 4.25% 27/10/2027	612,451	0.00
USD	1,050,000	HDFC Bank Ltd FRN 25/8/2026 (Perpetual)	979,913	0.01
USD	2,150,000	Hindustan Petroleum Corp Ltd 4% 12/7/2027	2,195,037	0.01
USD	378,000	HPCL-Mittal Energy Ltd 5.45% 22/10/2026*	381,307	0.00
USD	2,550,000	ICICI Bank Ltd/Dubai 3.8% 14/12/2027	2,624,664	0.02
USD	510,000	Indian Railway Finance Corp Ltd 2.8% 10/2/2031	468,764	0.00
USD	2,170,000	Indian Railway Finance Corp Ltd 3.249% 13/2/2030*	2,090,654	0.01
USD	956,000	JSW Steel Ltd 5.375% 4/4/2025	972,730	0.01
USD	564,000	Muthoot Finance Ltd ‘144A’ 6.125% 31/10/2022	572,467	0.00
USD	2,550,000	NTPC Ltd 4.25% 26/2/2026	2,651,751	0.02
USD	800,000	Oil India Ltd 5.125% 4/2/2029	854,554	0.01
USD	1,890,000	Power Finance Corp Ltd 4.5% 18/6/2029	1,899,880	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		インド(続き)
USD	510,000	Power Finance Corp Ltd 6.15% 6/12/2028	573,600	0.00
USD	1,400,000	REC Ltd 2.75% 13/1/2027	1,340,094	0.01
USD	1,155,000	ReNew Power Pvt Ltd 5.875% 5/3/2027	1,152,113	0.01
USD	378,000	ReNew Power Synthetic 6.67% 12/3/2024	388,028	0.00
USD	444,000	Shriram Transport Finance Co Ltd 5.1% 16/7/2023	447,663	0.00
USD	756,000	Shriram Transport Finance Co Ltd 5.95% 24/10/2022	763,182	0.00
USD	1,965,000	Summit Digitel Infrastructure Pvt Ltd 2.875% 12/8/2031	1,776,055	0.01
			26,973,508	0.15
		インドネシア
USD	820,000	Bank Negara Indonesia Persero Tbk PT 3.75% 30/3/2026	799,500	0.00
USD	939,000	Bank Tabungan Negara Persero Tbk PT 4.2% 23/1/2025	922,568	0.01
USD	217,000	Indonesia Government International Bond 3.5% 11/1/2028	224,614	0.00
USD	2,928,000	Indonesia Government International Bond 4.1% 24/4/2028	3,133,371	0.02
USD	787,000	Indonesia Government International Bond 4.75% 8/1/2026	847,770	0.00
USD	266,000	Indonesia Government International Bond 4.75% 11/2/2029	296,320	0.00
USD	2,500,000	Indonesia Government International Bond 6.625% 17/2/2037	3,171,437	0.02
USD	1,300,000	Indonesia Government International Bond 7.75% 17/1/2038	1,804,780	0.01
USD	1,000,000	Indonesia Government International Bond 8.5% 12/10/2035	1,468,393	0.01
USD	1,540,000	Pelabuhan Indonesia II PT 5.375% 5/5/2045*	1,693,919	0.01
USD	923,000	Pertamina Persero PT 3.1% 27/8/2030	886,080	0.01
USD	681,000	Pertamina Persero PT 3.65% 30/7/2029	685,162	0.00
USD	2,400,000	Pertamina Persero PT 5.625% 20/5/2043	2,558,412	0.01
USD	1,400,000	Pertamina Persero PT 6% 3/5/2042	1,549,919	0.01
USD	1,170,000	Pertamina Persero PT 6.45% 30/5/2044	1,377,154	0.01
USD	1,280,000	Pertamina Persero PT 6.5% 27/5/2041	1,502,205	0.01
USD	2,000,000	Perusahaan Penerbit SBSN Indonesia III 2.8% 23/6/2030	1,971,420	0.01
USD	600,000	Perusahaan Penerbit SBSN Indonesia III 3.55% 9/6/2051	550,500	0.00
USD	4,000,000	Perusahaan Penerbit SBSN Indonesia III 4.45% 20/2/2029	4,377,240	0.03
USD	1,500,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 5.25% 24/10/2042	1,493,471	0.01
USD	800,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 5.25% 15/5/2047	795,634	0.00
USD	1,800,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 5.375% 25/1/2029	1,955,250	0.01
USD	1,000,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 5.45% 21/5/2028	1,089,120	0.01
			35,154,239	0.20
		アイルランド
USD	1,315,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust 2.45% 29/10/2026	1,260,764	0.01
EUR	116,000	Avoca CLO XV DAC FRN 15/4/2031	129,452	0.00
EUR	404,000	Harvest CLO XVIII DAC FRN 15/10/2030	448,683	0.00
EUR	250,000	Invesco Euro CLO II DAC FRN 15/8/2034	279,370	0.00
USD	941,000	Lukoil Capital DAC ‘144A’ 2.8% 26/4/2027	376,400	0.00
USD	1,577,000	Metalloinvest Finance DAC ‘144A’ 3.375% 22/10/2028	591,375	0.01
EUR	410,000	OAK Hill European Credit Partners V Designated Activity Co 1.9% 21/1/2035	455,177	0.00
EUR	280,000	OAK Hill European Credit Partners VI DAC FRN 20/1/2032	312,623	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		アイルランド(続き)
EUR	472,000	OCP Euro CLO 2017-2 DAC ‘Series 2017-2X B’ FRN 15/1/2032	526,080	0.00
USD	353,000	Phosagro OAO Via Phosagro Bond Funding DAC ‘144A’ 3.05% 23/1/2025	132,375	0.00
USD	1,270,000	Prodigy Finance CM2021-1 DAC ‘Series 2021-1A B’ ‘144A’ FRN 25/7/2051	1,267,491	0.01
USD	740,000	Prodigy Finance CM2021-1 DAC ‘Series 2021-1A C’ ‘144A’ FRN 25/7/2051	741,817	0.01
USD	490,000	Prodigy Finance CM2021-1 DAC ‘Series 2021-1A D’ ‘144A’ FRN 25/7/2051	490,933	0.00
EUR	250,000	Voya Euro CLO II DAC FRN 15/7/2035	278,640	0.00
			7,291,180	0.04
		マン島
USD	531,000	AngloGold Ashanti Holdings Plc 3.75% 1/10/2030	502,459	0.01
USD	2,170,000	Gohl Capital Ltd 4.25% 24/1/2027	2,117,876	0.01
			2,620,335	0.02
		イスラエル
USD	1,205,000	Bank Leumi Le-Israel BM ‘144A’ FRN 29/1/2031	1,154,917	0.01
USD	607,312	Energean Israel Finance Ltd ‘144A’ 4.5% 30/3/2024	594,406	0.00
USD	285,106	Energean Israel Finance Ltd ‘144A’ 4.875% 30/3/2026	273,417	0.00
USD	442,000	Israel Government International Bond 2.75% 3/7/2030	450,564	0.00
USD	602,040	Leviathan Bond Ltd ‘144A’ 5.75% 30/6/2023	607,156	0.01
			3,080,460	0.02
		イタリア
EUR	6,400,000	Castor SpA ‘144A’ FRN 15/2/2029	7,155,981	0.04
EUR	2,005,000	Castor SpA ‘144A’ 6% 15/2/2029	2,242,994	0.01
EUR	13,500,000	Forno d’Asolo SpA FRN 30/4/2027	14,848,734	0.09
USD	2,357,000	Intesa Sanpaolo SpA ‘144A’ FRN 17/9/2025 (Perpetual)	2,510,205	0.01
EUR	68,410,000	Italy Buoni Poliennali Del Tesoro 0.95% 1/8/2030	73,181,834	0.42
EUR	83,875,000	Italy Buoni Poliennali Del Tesoro 1.35% 1/4/2030	93,277,493	0.54
EUR	6,765,000	Marcolin SpA 6.125% 15/11/2026	7,366,989	0.04
EUR	6,914,000	Shiba Bidco SpA 4.5% 31/10/2028*	7,481,873	0.04
			208,066,103	1.19
		日本
USD	1,217,000	Nissan Motor Co Ltd ‘144A’ 3.522% 17/9/2025	1,227,605	0.01
		ジャージー
USD	887,000	Galaxy Pipeline Assets Bidco Ltd 2.94% 30/9/2040	816,040	0.01
EUR	4,813,000	Kane Bidco Ltd 5% 15/2/2027	5,416,823	0.03
GBP	5,786,000	Kane Bidco Ltd 6.5% 15/2/2027	7,783,931	0.04
GBP	2,761,000	Wheel Bidco Ltd ‘144A’ 6.75% 15/7/2026	3,505,345	0.02
			17,522,139	0.10
		ルクセンブルグ
USD	170,000	Atento Luxco 1 SA ‘144A’ 8% 10/2/2026	173,503	0.00
EUR	1,000,000	BK LC Lux Finco1 Sarl 5.25% 30/4/2029	1,095,501	0.01
USD	522,000	EIG Pearl Holdings Sarl ‘144A’ 3.545% 31/8/2036	512,212	0.00
USD	2,175,000	EIG Pearl Holdings Sarl 3.545% 31/8/2036	2,124,834	0.01
USD	974,000	EIG Pearl Holdings Sarl ‘144A’ 4.387% 30/11/2046	951,988	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ルクセンブルグ(続き)
USD	337,684	FEL Energy VI Sarl 5.75% 1/12/2040	319,112	0.00
EUR	3,031,000	Garfunkelux Holdco 3 SA ‘144A’ 6.75% 1/11/2025	3,425,836	0.02
GBP	5,154,000	Garfunkelux Holdco 3 SA ‘144A’ 7.75% 1/11/2025	6,955,160	0.04
USD	450,000	Gol Finance SA ‘144A’ 7% 31/1/2025	406,672	0.00
USD	255,000	Gol Finance SA ‘144A’ 8% 30/6/2026	243,956	0.00
EUR	7,733,000	Herens Midco Sarl ‘144A’ 5.25% 15/5/2029	7,442,118	0.04
EUR	2,000,000	Herens Midco Sarl 5.25% 15/5/2029	1,922,849	0.01
USD	208,000	Kenbourne Invest SA ‘144A’ 4.7% 22/1/2028	193,982	0.00
USD	761,000	Kenbourne Invest SA ‘144A’ 6.875% 26/11/2024	774,108	0.01
USD	540,000	MC Brazil Downstream Trading SARL ‘144A’ 7.25% 30/6/2031	503,550	0.00
USD	200,000	Millicom International Cellular SA ‘144A’ 4.5% 27/4/2031	186,442	0.00
USD	1,424,700	Millicom International Cellular SA 5.125% 15/1/2028	1,395,882	0.01
USD	865,000	Nexa Resources SA ‘144A’ 5.375% 4/5/2027	868,043	0.01
EUR	5,570,000	Picard Bondco SA 5.375% 1/7/2027*	5,989,539	0.04
USD	214,000	Puma International Financing SA ‘144A’ 5% 24/1/2026	209,851	0.00
USD	561,000	Puma International Financing SA 5.125% 6/10/2024	553,987	0.00
USD	510,000	Puma International Financing SA ‘144A’ 5.125% 6/10/2024	503,625	0.00
EUR	5,376,000	Sani/Ikos Financial Holdings 1 Sarl 5.625% 15/12/2026	5,974,399	0.04
			42,727,149	0.25
		マレーシア
USD	3,700,000	CIMB Bank Bhd 2.125% 20/7/2027	3,616,463	0.02
USD	1,460,000	Dua Capital Ltd 2.78% 11/5/2031	1,385,015	0.01
USD	3,090,000	TNB Global Ventures Capital Bhd 4.851% 1/11/2028	3,448,811	0.02
			8,450,289	0.05
		モーリシャス
USD	475,000	Azure Power Energy Ltd ‘144A’ 3.575% 19/8/2026	463,125	0.00
USD	1,175,000	CA Magnum Holdings 5.375% 31/10/2026	1,184,694	0.01
USD	1,025,000	HTA Group Ltd/Mauritius ‘144A’ 7% 18/12/2025	1,043,827	0.01
USD	515,955	India Cleantech Energy ‘144A’ 4.7% 10/8/2026	505,718	0.00
USD	950,000	India Green Energy Holdings ‘144A’ 5.375% 29/4/2024	958,312	0.01
USD	512,000	India Green Power Holdings 4% 22/2/2027	490,240	0.00
USD	1,109,000	Network i2i Ltd FRN 15/1/2025 (Perpetual)*	1,122,430	0.01
USD	643,000	UPL Corp Ltd FRN 27/2/2025 (Perpetual)	613,600	0.00
USD	1,990,000	UPL Corp Ltd 4.5% 8/3/2028	2,000,000	0.01
USD	1,990,000	UPL Corp Ltd 4.625% 16/6/2030	1,944,260	0.01
			10,326,206	0.06
		メキシコ
USD	746,000	Alfa SAB de CV ‘144A’ 6.875% 25/3/2044	834,116	0.01
USD	728,000	Alpek SAB de CV ‘144A’ 3.25% 25/2/2031	668,744	0.01
USD	515,000	Banco Mercantil del Norte SA/Grand Cayman ‘144A’ FRN 27/9/2024 (Perpetual)	509,723	0.00
USD	915,000	Banco Mercantil del Norte SA/Grand Cayman ‘144A’ FRN 24/1/2027 (Perpetual)	842,656	0.01
USD	654,000	BBVA Bancomer SA/Texas FRN 18/1/2033	629,017	0.01
USD	323,000	Braskem Idesa SAPI ‘144A’ 6.99% 20/2/2032	309,272	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		メキシコ(続き)
USD	445,000	Cemex SAB de CV ‘144A’ FRN 8/6/2026 (Perpetual)	427,093	0.00
USD	403,000	Cemex SAB de CV 5.45% 19/11/2029	399,977	0.00
USD	191,000	Coca-Cola Femsa SAB de CV 1.85% 1/9/2032	166,145	0.00
USD	461,000	Comision Federal de Electricidad ‘144A’ 4.688% 15/5/2029	455,237	0.00
USD	470,000	Controladora Mabe SA de CV ‘144A’ 5.6% 23/10/2028	511,297	0.00
USD	347,000	Cydsa SAB de CV ‘144A’ 6.25% 4/10/2027	341,797	0.00
USD	518,000	Grupo Bimbo SAB de CV ‘144A’ FRN 17/4/2023 (Perpetual)	524,853	0.00
USD	320,000	Industrias Penoles SAB de CV ‘144A’ 4.75% 6/8/2050	301,801	0.00
USD	285,000	Kimberly-Clark de Mexico SAB de CV ‘144A’ 2.431% 1/7/2031	261,398	0.00
MXN	26,132,000	Mexican Bonos 5.75% 5/3/2026	119,566,636	0.69
USD	871,000	Mexico City Airport Trust ‘144A’ 4.25% 31/10/2026	887,331	0.01
USD	356,000	Mexico City Airport Trust 5.5% 31/7/2047	322,180	0.00
USD	847,000	Mexico Government International Bond 2.659% 24/5/2031	773,311	0.01
USD	802,000	Mexico Government International Bond 3.75% 11/1/2028	824,055	0.01
USD	1,550,000	Mexico Government International Bond 4.35% 15/1/2047	1,426,387	0.01
USD	290,000	Mexico Government International Bond 4.4% 12/2/2052	264,480	0.00
USD	881,000	Mexico Government International Bond 4.5% 22/4/2029	930,997	0.01
USD	450,000	Mexico Government International Bond 4.5% 31/1/2050	421,200	0.00
USD	424,000	Mexico Government International Bond 4.75% 8/3/2044	415,414	0.00
USD	1,617,000	Operadora de Servicios Mega SA de CV Sofom ER ‘144A’ 8.25% 11/2/2025	1,384,928	0.01
USD	1,619,000	Petroleos Mexicanos 5.95% 28/1/2031	1,504,051	0.01
USD	419,000	Petroleos Mexicanos 6.375% 23/1/2045	337,295	0.00
USD	2,305,000	Petroleos Mexicanos 6.5% 13/3/2027	2,359,456	0.01
USD	2,189,000	Petroleos Mexicanos ‘144A’ 6.7% 16/2/2032	2,113,042	0.01
USD	747,000	Petroleos Mexicanos 6.75% 21/9/2047	613,660	0.00
USD	504,000	Petroleos Mexicanos 7.69% 23/1/2050	448,661	0.00
USD	581,000	Trust Fibra Uno ‘144A’ 5.25% 30/1/2026	603,614	0.00
			142,379,824	0.82
		モンゴル
USD	750,000	Mongolia Government International Bond 3.5% 7/7/2027	680,625	0.00
USD	257,000	Mongolia Government International Bond 5.125% 7/4/2026	255,715	0.00
USD	1,778,000	Mongolian Mining Corp/Energy Resources LLC 9.25% 15/4/2024	1,288,877	0.01
			2,225,217	0.01
		モロッコ
USD	1,298,000	Morocco Government International Bond ‘144A’ 3% 15/12/2032	1,137,372	0.01
USD	449,000	Morocco Government International Bond ‘144A’ 4% 15/12/2050	355,833	0.00
USD	324,000	Morocco Government International Bond 4% 15/12/2050	256,770	0.00
			1,749,975	0.01
		オランダ
USD	1,249,000	Braskem Netherlands Finance BV ‘144A’ FRN 23/1/2081	1,385,297	0.01
USD	377,000	Embraer Netherlands Finance BV ‘144A’ 6.95% 17/1/2028	393,494	0.00
USD	744,000	Equate Petrochemical BV ‘144A’ 2.625% 28/4/2028	704,010	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		オランダ(続き)
USD	388,000	Equate Petrochemical BV ‘144A’ 4.25% 3/11/2026	402,224	0.00
USD	2,785,580	Greenko Dutch BV 3.85% 29/3/2026	2,715,941	0.02
USD	327,000	Metinvest BV 8.5% 23/4/2026	98,100	0.00
USD	1,290,000	Minejesa Capital BV 4.625% 10/8/2030	1,260,975	0.01
USD	1,600,000	Minejesa Capital BV 5.625% 10/8/2037	1,515,300	0.01
USD	1,869,000	Mong Duong Finance Holdings BV 5.125% 7/5/2029	1,645,631	0.01
EUR	8,000,000	Nobian Finance BV 3.625% 15/7/2026	8,430,849	0.05
EUR	4,181,000	Titan Holdings II BV 5.125% 15/7/2029*	4,294,959	0.03
USD	1,644,000	Trivium Packaging Finance BV ‘144A’ 5.5% 15/8/2026	1,649,960	0.01
USD	567,000	VEON Holdings BV ‘144A’ 3.375% 25/11/2027	212,625	0.00
USD	786,000	VEON Holdings BV ‘144A’ 4% 9/4/2025	294,750	0.00
USD	530,000	Vivo Energy Investments BV ‘144A’ 5.125% 24/9/2027	537,287	0.00
EUR	25,365,000	Ziggo BV 2.875% 15/1/2030*	26,313,427	0.15
			51,854,829	0.30
		オマーン
USD	990,000	Oman Government International Bond 6.5% 8/3/2047	924,412	0.01
USD	1,191,000	Oman Government International Bond 6.75% 17/1/2048	1,143,360	0.01
USD	217,000	Oman Sovereign Sukuk Co ‘144A’ 4.875% 15/6/2030	227,850	0.00
USD	824,000	OQ SAOC ‘144A’ 5.125% 6/5/2028	822,816	0.00
			3,118,438	0.02
		パキスタン
USD	862,000	Pakistan Government International Bond 6% 8/4/2026	790,885	0.00
USD	861,000	Pakistan Government International Bond 7.375% 8/4/2031	742,613	0.00
USD	956,000	Pakistan Water & Power Development Authority 7.5% 4/6/2031	803,040	0.01
			2,336,538	0.01
		パナマ
USD	1,034,000	Aeropuerto Internacional de Tocumen SA ‘144A’ 4% 11/8/2041	950,809	0.01
USD	770,000	Aeropuerto Internacional de Tocumen SA ‘144A’ 5.125% 11/8/2061	705,582	0.00
USD	1,026,000	Banco Latinoamericano de Comercio Exterior SA ‘144A’ 2.375% 14/9/2025	1,007,811	0.01
USD	1,103,000	Banco Nacional de Panama ‘144A’ 2.5% 11/8/2030	972,129	0.01
USD	1,337,000	Panama Government International Bond 3.16% 23/1/2030	1,308,913	0.01
USD	234,000	Panama Government International Bond 3.298% 19/1/2033	223,002	0.00
USD	207,000	Panama Government International Bond 3.875% 17/3/2028	212,867	0.00
USD	804,000	Panama Government International Bond 4.5% 15/5/2047	782,921	0.00
USD	564,000	Panama Government International Bond 4.5% 16/4/2050	546,141	0.00
USD	233,000	Panama Government International Bond 4.5% 1/4/2056	222,569	0.00
USD	230,000	Panama Government International Bond 4.5% 19/1/2063	215,740	0.00
			7,148,484	0.04
		パラグアイ
USD	277,000	Frigorifico Concepcion SA ‘144A’ 7.7% 21/7/2028	260,553	0.00
USD	987,000	Paraguay Government International Bond ‘144A’ 2.739% 29/1/2033	860,834	0.01
USD	328,000	Paraguay Government International Bond 4.7% 27/3/2027	339,235	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		パラグアイ(続き)
USD	840,000	Paraguay Government International Bond ‘144A’ 4.95% 28/4/2031	873,203	0.01
USD	725,000	Paraguay Government International Bond 5% 15/4/2026	757,110	0.00
USD	362,000	Paraguay Government International Bond 5.4% 30/3/2050	354,563	0.00
USD	707,000	Paraguay Government International Bond ‘144A’ 5.4% 30/3/2050	692,475	0.00
			4,137,973	0.02
		ペルー
USD	318,000	InRetail Consumer ‘144A’ 3.25% 22/3/2028	299,317	0.00
USD	867,000	Kallpa Generacion SA 4.875% 24/5/2026	889,850	0.01
USD	1,574,000	Peruvian Government International Bond 1.862% 1/12/2032	1,340,163	0.01
USD	443,000	Peruvian Government International Bond 2.783% 23/1/2031	417,324	0.00
USD	105,000	Peruvian Government International Bond 3% 15/1/2034	96,285	0.00
USD	387,000	Peruvian Government International Bond 3.3% 11/3/2041	343,946	0.00
USD	534,000	Peruvian Government International Bond 4.125% 25/8/2027	561,309	0.00
USD	369,000	Peruvian Government International Bond 7.35% 21/7/2025	423,566	0.00
USD	958,000	SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA ‘144A’ 3.5% 2/8/2028	880,105	0.01
			5,251,865	0.03
		フィリピン
USD	675,000	Globe Telecom Inc FRN 2/8/2026 (Perpetual)	664,875	0.00
USD	791,000	Philippine Government International Bond 2.95% 5/5/2045	674,328	0.00
USD	923,000	Philippine Government International Bond 3.75% 14/1/2029	963,381	0.01
USD	2,100,000	Philippine Government International Bond 6.375% 15/1/2032	2,625,000	0.02
USD	1,920,000	Philippine Government International Bond 6.375% 23/10/2034	2,448,000	0.01
USD	756,000	Rizal Commercial Banking Corp FRN 27/8/2025 (Perpetual)	734,233	0.01
			8,109,817	0.05
		カタール
USD	706,000	Qatar Energy ‘144A’ 3.3% 12/7/2051	667,170	0.00
USD	1,445,000	Qatar Government International Bond ‘144A’ 4% 14/3/2029	1,574,147	0.01
USD	200,000	Qatar Government International Bond ‘144A’ 4.4% 16/4/2050	231,750	0.00
USD	802,000	Qatar Government International Bond 4.5% 23/4/2028	890,721	0.01
			3,363,788	0.02
		ルーマニア
USD	862,000	Romanian Government International Bond ‘144A’ 3% 14/2/2031	793,040	0.01
USD	1,236,000	Romanian Government International Bond ‘144A’ 3.625% 27/3/2032	1,171,110	0.01
USD	444,000	Romanian Government International Bond 4% 14/2/2051	377,400	0.00
USD	528,000	Romanian Government International Bond ‘144A’ 6.125% 22/1/2044	603,900	0.00
			2,945,450	0.02
		ロシア連邦
USD	2,000,000	Russian Foreign Bond - Eurobond 4.25% 23/6/2027	600,000	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		サウジアラビア
USD	757,000	Saudi Government International Bond 2.25% 2/2/2033	714,892	0.00
USD	430,000	Saudi Government International Bond 3.625% 4/3/2028	454,725	0.00
USD	578,000	Saudi Government International Bond 4% 17/4/2025	609,212	0.00
USD	1,308,000	Saudi Government International Bond ‘144A’ 4.375% 16/4/2029	1,450,245	0.01
USD	664,000	Saudi Government International Bond 4.5% 17/4/2030	745,340	0.01
USD	268,000	Saudi Government International Bond 4.625% 4/10/2047	295,336	0.00
			4,269,750	0.02
		シンガポール
USD	1,876,000	ABJA Investment Co Pte Ltd 5.45% 24/1/2028	1,960,420	0.01
USD	1,700,000	BOC Aviation Ltd 3.5% 18/9/2027	1,738,516	0.01
USD	1,990,000	BPRL International Singapore Pte Ltd 4.375% 18/1/2027	2,020,701	0.01
USD	652,898	Continuum Energy Levanter Pte Ltd 4.5% 9/2/2027	637,391	0.00
USD	633,173	Continuum Energy Levanter Pte Ltd ‘144A’ 4.5% 9/2/2027	618,135	0.00
USD	1,578,000	DBS Group Holdings Ltd FRN 27/2/2025 (Perpetual)	1,558,275	0.01
USD	756,000	Global Prime Capital Pte Ltd 5.95% 23/1/2025	756,000	0.00
USD	851,000	GLP Pte Ltd FRN 17/5/2026 (Perpetual)	789,136	0.01
USD	1,429,588	LLPL Capital Pte Ltd 6.875% 4/2/2039	1,507,508	0.01
USD	756,000	LMIRT Capital Pte Ltd 7.5% 9/2/2026	754,121	0.00
USD	956,000	Medco Oak Tree Pte Ltd 7.375% 14/5/2026	967,950	0.01
USD	956,000	Medco Platinum Road Pte Ltd 6.75% 30/1/2025	964,083	0.01
USD	510,000	Oil India International Pte Ltd 4% 21/4/2027	519,105	0.00
USD	2,600,000	ONGC Videsh Vankorneft Pte Ltd 3.75% 27/7/2026	2,648,106	0.02
USD	956,000	Theta Capital Pte Ltd 8.125% 22/1/2025	967,950	0.01
USD	756,000	TML Holdings Pte Ltd 4.35% 9/6/2026	737,100	0.00
			19,144,497	0.11
		南アフリカ
USD	441,000	Republic of South Africa Government International Bond 4.875% 14/4/2026	452,499	0.00
USD	393,000	Republic of South Africa Government International Bond 5.65% 27/9/2047	337,880	0.00
USD	921,000	Republic of South Africa Government International Bond 5.75% 30/9/2049	794,659	0.01
			1,585,038	0.01
		韓国
USD	1,920,000	Hanwha Life Insurance Co Ltd FRN 23/4/2023 (Perpetual)	1,958,434	0.01
USD	1,100,000	Hanwha Life Insurance Co Ltd FRN 4/2/2032	1,093,026	0.01
USD	1,540,000	Kookmin Bank FRN 2/7/2024 (Perpetual)	1,566,757	0.01
USD	1,800,000	Kookmin Bank 2.5% 4/11/2030	1,689,777	0.01
USD	1,730,000	LG Chem Ltd 2.375% 7/7/2031	1,593,267	0.01
USD	1,030,000	Shinhan Financial Group Co Ltd FRN 12/5/2026 (Perpetual)	975,925	0.01
USD	2,100,000	SK Hynix Inc 2.375% 19/1/2031	1,911,336	0.01
USD	937,000	Woori Bank FRN 4/10/2024 (Perpetual)	945,449	0.00
			11,733,971	0.07
		スペイン
USD	200,000	Banco Bilbao Vizcaya Argentaria SA FRN 16/11/2027 (Perpetual)	196,500	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		スペイン(続き)
EUR	43,684,000	Spain Government Bond ‘144A’ 3.45% 30/7/2066	66,626,827	0.38
			66,823,327	0.38
		スイス
USD	4,516,000	Credit Suisse Group AG ‘144A’ FRN 21/8/2026 (Perpetual)	4,580,217	0.03
USD	388,000	Credit Suisse Group AG ‘144A’ FRN 24/1/2030 (Perpetual)	360,452	0.00
USD	2,457,000	UBS Group AG ‘144A’ FRN 31/1/2024 (Perpetual)	2,584,285	0.01
			7,524,954	0.04
		タイ
USD	1,050,000	Bangkok Bank PCL/Hong Kong FRN 23/9/2025 (Perpetual)	1,044,293	0.01
USD	572,000	Bangkok Bank PCL/Hong Kong FRN 25/9/2034	556,801	0.00
USD	2,100,000	Bangkok Bank PCL/Hong Kong FRN 23/9/2036	1,977,455	0.01
USD	550,000	GC Treasury Center Co Ltd 2.98% 18/3/2031	527,689	0.00
USD	550,000	GC Treasury Center Co Ltd 4.3% 18/3/2051	558,448	0.00
USD	700,000	Kasikornbank PCL/Hong Kong FRN 14/10/2025 (Perpetual)	695,957	0.01
USD	564,000	Kasikornbank PCL/Hong Kong FRN 2/10/2031	547,557	0.00
USD	662,000	Krung Thai Bank PCL/Cayman Islands FRN 25/3/2026 (Perpetual)	637,175	0.00
USD	1,665,000	Muang Thai Life Assurance PCL FRN 27/1/2037	1,629,635	0.01
USD	1,900,000	Thaioil Treasury Center Co Ltd 5.375% 20/11/2048	2,002,249	0.01
USD	956,000	TMBThanachart Bank PCL FRN 2/12/2024 (Perpetual)	937,119	0.01
			11,114,378	0.06
		ウクライナ
USD	380,000	NPC Ukrenergo ‘144A’ 6.875% 9/11/2026	153,520	0.00
USD	2,390,000	Ukraine Government International Bond ‘144A’ 7.253% 15/3/2033	836,500	0.00
USD	306,000	Ukraine Government International Bond 7.75% 1/9/2023	137,700	0.00
USD	2,235,000	Ukraine Government International Bond 8.994% 1/2/2024	849,300	0.01
USD	537,000	Ukraine Government International Bond 9.75% 1/11/2028	185,265	0.00
			2,162,285	0.01
		アラブ首長国連邦
USD	410,000	DP World Ltd/United Arab Emirates 6.85% 2/7/2037	503,086	0.00
USD	541,000	NBK Tier 1 Ltd ‘144A’ FRN 24/8/2026 (Perpetual)	521,051	0.01
			1,024,137	0.01
		英国
USD	271,000	Antofagasta Plc ‘144A’ 2.375% 14/10/2030	242,149	0.00
USD	899,080	Avianca Midco 2 Ltd ‘144A’ 9% 1/12/2028	895,122	0.00
GBP	8,806,000	BCP V Modular Services Finance II Plc ‘144A’ 6.125% 30/11/2028	11,115,610	0.06
EUR	11,535,000	BCP V Modular Services Finance Plc 6.75% 30/11/2029*	11,957,504	0.07
GBP	7,542,000	Boparan Finance Plc 7.625% 30/11/2025*	7,975,799	0.05
GBP	2,384,000	Constellation Automotive Financing Plc 4.875% 15/7/2027	2,946,539	0.02
GBP	15,871,000	Deuce Finco Plc ‘144A’ 5.5% 15/6/2027	20,502,921	0.12
EUR	7,036,000	Ellaktor Value Plc ‘144A’ 6.375% 15/12/2024	6,776,311	0.04
USD	696,000	Fresnillo Plc ‘144A’ 4.25% 2/10/2050	634,889	0.00
GBP	4,843,000	Inspired Entertainment Financing Plc 7.875% 1/6/2026	6,596,236	0.04

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		英国(続き)
USD	1,039,000	Liquid Telecommunications Financing Plc ‘144A’ 5.5% 4/9/2026	1,022,116	0.01
GBP	10,800,000	Punch Finance Plc 6.125% 30/6/2026	14,184,426	0.08
USD	623,000	Vedanta Resources Finance II Plc 8% 23/4/2023	583,774	0.00
USD	1,154,000	Vedanta Resources Finance II Plc 8.95% 11/3/2025	1,081,875	0.01
USD	441,000	Vedanta Resources Finance II Plc ‘144A’ 8.95% 11/3/2025	413,438	0.00
USD	956,000	Vedanta Resources Finance II Plc 13.875% 21/1/2024	975,918	0.01
USD	2,664,000	Vodafone Group Plc FRN 4/6/2081	2,462,761	0.01
			90,367,388	0.52
		米国
USD	2,640,000	1211 Avenue of the Americas Trust 2015-1211 ‘Series 2015-1211 D’ ‘144A’ FRN 10/8/2035	2,609,205	0.02
USD	109,000	Acadia Healthcare Co Inc ‘144A’ 5% 15/4/2029	107,978	0.00
USD	153,000	Acadia Healthcare Co Inc ‘144A’ 5.5% 1/7/2028	153,633	0.00
USD	1,657,280	AccessLex Institute ‘Series 2007-A A3’ FRN 25/5/2036	1,614,421	0.01
USD	762,000	Affinity Gaming ‘144A’ 6.875% 15/12/2027	749,945	0.01
USD	6,815,000	Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC ‘144A’ 3.5% 15/3/2029	6,337,950	0.04
USD	11,736,000	Allegiant Travel Co ‘144A’ 8.5% 5/2/2024	12,267,817	0.07
USD	2,578,000	Ally Financial Inc FRN 15/5/2026 (Perpetual)	2,467,146	0.01
USD	99,000	AMC Networks Inc 4.75% 1/8/2025	98,399	0.00
USD	49,000	AMC Networks Inc 5% 1/4/2024	48,945	0.00
USD	2,681,000	American Express Co FRN 15/9/2026 (Perpetual)	2,506,735	0.02
USD	142,000	AMN Healthcare Inc ‘144A’ 4% 15/4/2029	135,095	0.00
USD	149,000	Aramark Services Inc ‘144A’ 5% 1/2/2028	149,951	0.00
USD	372,000	Ashton Woods USA LLC / Ashton Woods Finance Co ‘144A’4.625% 1/8/2029	352,982	0.00
USD	568,000	Avantor Funding Inc ‘144A’ 4.625% 15/7/2028	576,529	0.00
USD	3,810,000	Avaya Inc ‘144A’ 6.125% 15/9/2028	3,673,335	0.02
USD	259,000	Azul Investments LLP ‘144A’ 7.25% 15/6/2026	234,056	0.00
USD	460,000	BAMLL Commercial Mortgage Securities Trust 2015-200P ‘Series 2015-200P D’ ‘144A’ FRN 14/4/2033	451,931	0.00
USD	951,190	BANK 2017-BNK8 ‘Series 2017-BNK8 B’ FRN 15/11/2050	965,518	0.01
USD	1,210,000	BANK 2017-BNK9 ‘Series 2017-BNK9 A4’ 3.538% 15/11/2054	1,245,343	0.01
USD	2,544,000	Bank of America Corp FRN 20/6/2024 (Perpetual)	2,577,390	0.02
USD	3,156,000	Bank of America Corp FRN 27/1/2027 (Perpetual)	3,061,320	0.02
USD	3,053,000	Bank of America Corp FRN 22/4/2032	2,894,658	0.02
USD	238,589	Bayview Commercial Asset Trust 2005-3 ‘Series 2005-3A M6’ ‘144A’ FRN 25/11/2035	225,498	0.00
USD	294,164	Bayview Commercial Asset Trust 2006-3 ‘Series 2006-3A M1’ ‘144A’ FRN 25/10/2036	282,743	0.00
USD	1,063,000	BBCMS 2017-DELC Mortgage Trust ‘Series 2017-DELC E’ ‘144A’ FRN 15/8/2036	1,036,452	0.01
USD	2,951,000	BBCMS 2018-TALL Mortgage Trust ‘Series 2018-TALL C’ ‘144A’ FRN 15/3/2037	2,838,896	0.02
USD	610,912	BHMS 2018-ATLS ‘Series 2018-ATLS A’ ‘144A’ FRN 15/7/2035	604,873	0.00
USD	1,715,558	BHMS 2018-ATLS ‘Series 2018-ATLS C’ ‘144A’ FRN 15/7/2035	1,688,780	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	167,000	Blue Racer Midstream LLC / Blue Racer Finance Corp ‘144A’ 7.625% 15/12/2025	175,570	0.00
USD	158,000	Boyd Gaming Corp ‘144A’ 8.625% 1/6/2025	166,511	0.00
USD	1,341,000	Bristow Group Inc ‘144A’ 6.875% 1/3/2028	1,346,934	0.01
USD	785,000	Broadcom Inc ‘144A’ 1.95% 15/2/2028	737,001	0.00
USD	2,281,200	BWAY 2013-1515 Mortgage Trust ‘Series 2013-1515 D’ ‘144A’ 3.633% 10/3/2033	2,256,807	0.01
USD	1,575,917	BX Commercial Mortgage Trust 2018-BIOA ‘Series 2018-BIOA D‘ ‘144A’ FRN 15/3/2037	1,558,249	0.01
USD	5,007,024	BX Commercial Mortgage Trust 2018-BIOA ‘Series 2018-BIOA E‘ ‘144A’ FRN 15/3/2037	4,946,531	0.03
USD	4,289,645	BX Commercial Mortgage Trust 2018-BIOA ‘Series 2018-BIOA F‘ ‘144A’ FRN 15/3/2037	4,234,154	0.02
USD	2,277,227	BX Commercial Mortgage Trust 2018-IND ‘Series 2018-IND G’ ‘144A’ FRN 15/11/2035	2,263,343	0.01
USD	558,000	Caesars Entertainment Inc ‘144A’ 4.625% 15/10/2029	527,383	0.00
USD	1,543,000	Caesars Entertainment Inc ‘144A’ 8.125% 1/7/2027	1,662,806	0.01
USD	709,000	Caesars Resort Collection LLC / CRC Finco Inc ‘144A’ 5.75% 1/7/2025	725,793	0.00
USD	1,424,687	CAMB Commercial Mortgage Trust 2019-LIFE ‘Series 2019-LIFE E’ ‘144A’ FRN 15/12/2037	1,414,193	0.01
USD	2,626,000	Capital One Financial Corp FRN 1/9/2026 (Perpetual)	2,476,055	0.01
USD	1,055,000	Carrols Restaurant Group Inc ‘144A’ 5.875% 1/7/2029	905,454	0.01
USD	527,428	CD 2017-CD6 Mortgage Trust ‘Series 2017-CD6 B’ FRN 13/11/2050	530,984	0.00
USD	64,000	Cedar Fair LP 5.25% 15/7/2029	63,705	0.00
USD	65,000	Cedar Fair LP / Canada’s Wonderland Co / Magnum Management Corp / Millennium Op 5.375% 15/4/2027	65,568	0.00
USD	95,000	Centennial Resource Production LLC ‘144A’ 5.375% 15/1/2026	92,832	0.00
USD	741,368	CFCRE Commercial Mortgage Trust 2018-TAN ‘Series 2018- TAN E’ ‘144A’ FRN 15/2/2033	744,707	0.00
USD	666,649	CFCRE Commercial Mortgage Trust 2018-TAN ‘Series 2018- TAN C’ ‘144A’5.295% 15/2/2033	672,308	0.00
USD	2,581,000	Charles Schwab Corp/The FRN 1/6/2026 (Perpetual)	2,474,534	0.01
USD	5,090,000	Charter Communications Operating LLC / Charter Communications Operating Capital 2.8% 1/4/2031	4,731,011	0.03
USD	723,000	Chesapeake Energy Corp ‘144A’ 5.5% 1/2/2026	743,855	0.00
USD	132,000	Chesapeake Energy Corp ‘144A’ 5.875% 1/2/2029	136,303	0.00
USD	77,000	Churchill Downs Inc ‘144A’ 5.5% 1/4/2027	78,249	0.00
USD	728,994	Citigroup Commercial Mortgage Trust 2014-GC19 ‘Series 2014-GC19 D’‘144A’ FRN 10/3/2047	736,564	0.00
USD	1,223,900	Citigroup COmmercial Mortgage Trust 2018-C6 ‘Series 2018- C6 A4’ 4.412% 10/11/2051	1,326,548	0.01
USD	2,609,000	Citigroup Inc FRN 30/1/2025 (Perpetual)	2,566,604	0.02
USD	4,244,000	Citigroup Inc FRN 31/3/2031	4,544,688	0.03
USD	2,268,000	Citigroup Inc FRN 1/5/2032	2,125,544	0.01
USD	560,000	Colgate Energy Partners III LLC ‘144A’ 7.75% 15/2/2026	603,579	0.00
USD	1,213,453	COMM 2014-CCRE17 Mortgage Trust ‘Series 2014-CR17 C’ FRN 10/5/2047	1,225,133	0.01
USD	2,402,878	COMM 2014-CCRE21 Mortgage Trust ‘Series 2014-CR21 A3’ 3.528% 10/12/2047	2,444,791	0.01
USD	1,498,000	Commercial Metals Co 4.375% 15/3/2032	1,432,837	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	3,635,000	Connect Finco SARL / Connect US Finco LLC ‘144A’ 6.75% 1/10/2026	3,694,414	0.02
USD	1,316,025	Connecticut Avenue Securities Trust 2022-R01 ‘Series 2022- R01 1B1’‘144A’ FRN 25/12/2041	1,244,103	0.01
USD	495,000	Covanta Holding Corp ‘144A’ 4.875% 1/12/2029	468,376	0.00
USD	147,000	CrownRock LP / CrownRock Finance Inc ‘144A’ 5.625% 15/10/2025	148,882	0.00
USD	802,545	CSAIL 2016-C5 Commercial Mortgage Trust ‘Series 2016- C5 C’ FRN 15/11/2048	809,979	0.01
USD	771,000	CSC Holdings LLC ‘144A’ 3.375% 15/2/2031	651,287	0.00
USD	1,329,000	CSC Holdings LLC ‘144A’ 4.125% 1/12/2030	1,195,269	0.01
USD	4,829,000	CSC Holdings LLC ‘144A’ 4.625% 1/12/2030	4,019,660	0.02
USD	65,000	Darling Ingredients Inc ‘144A’ 5.25% 15/4/2027	66,455	0.00
USD	2,203,000	DaVita Inc ‘144A’ 3.75% 15/2/2031	2,015,018	0.01
USD	1,359,000	DaVita Inc ‘144A’ 4.625% 1/6/2030	1,305,850	0.01
USD	1,200,964	DBGS 2018-BIOD Mortgage Trust ‘Series 2018-BIOD D’‘144A’ FRN 15/5/2035	1,190,908	0.01
USD	5,354,649	DBGS 2018-BIOD Mortgage Trust ‘Series 2018-BIOD F’‘144A’ FRN 15/5/2035	5,260,464	0.03
USD	1,341,475	DBWF 2018-GLKS Mortgage Trust ‘Series 2018-GLKS B’‘144A’ FRN 19/12/2030	1,323,987	0.01
USD	1,010,000	DBWF 2018-GLKS Mortgage Trust ‘Series 2018-GLKS C’‘144A’ FRN 19/12/2030	994,753	0.01
USD	545,000	Directv Financing LLC / Directv Financing Co-Obligor Inc ‘144A’ 5.875% 15/8/2027	543,836	0.00
USD	5,230,000	DISH DBS Corp ‘144A’ 5.25% 1/12/2026	5,095,981	0.03
USD	2,667,000	Edison International FRN 15/3/2026 (Perpetual)	2,634,196	0.02
USD	1,383,000	Equinix Inc 2.5% 15/5/2031	1,271,284	0.01
USD	1,326,578	Fannie Mae-Aces ‘Series 2018- M13 A2’ FRN 25/9/2030	1,455,176	0.01
USD	455,000	Forestar Group Inc ‘144A’ 3.85% 15/5/2026	430,846	0.00
USD	7,112,000	Forestar Group Inc ‘144A’ 5% 1/3/2028	6,897,146	0.04
USD	35,804,638	Freddie Mac Multifamily Structured Pass Through Certificates FRN 25/5/2029	1,717,727	0.01
USD	9,685,547	Freddie Mac Multifamily Structured Pass Through Certificates FRN 25/4/2030	1,042,057	0.01
USD	5,525,796	Freddie Mac Multifamily Structured Pass Through Certificates FRN 25/4/2030	628,439	0.00
USD	4,892,781	Freddie Mac Multifamily Structured Pass Through Certificates FRN 25/7/2030	484,487	0.00
USD	31,669,461	Freddie Mac Multifamily Structured Pass Through Certificates FRN 25/10/2030	2,386,769	0.01
USD	22,631,602	Freddie Mac Multifamily Structured Pass Through Certificates FRN 25/3/2053	2,329,009	0.01
USD	1,530,711	Freddie Mac STACR REMIC Trust 2022-DNA1 ‘Series 2022-DNA1 B1’‘144A’ FRN 25/1/2042	1,451,398	0.01
USD	1,502,000	Freddie Mac Structured Agency Credit Risk Debt Notes FRN 25/8/2033	1,477,943	0.01
USD	1,358,000	Freddie Mac Structured Agency Credit Risk Debt Notes FRN 25/8/2033	1,283,277	0.01
USD	2,160,000	Freedom Mortgage Corp ‘144A’ 8.125% 15/11/2024	2,153,596	0.01
USD	1,689,000	Freedom Mortgage Corp ‘144A’ 8.25% 15/4/2025	1,684,001	0.01
USD	1,993,000	Fresh Market Inc/The ‘144A’ 9.75% 1/5/2023	2,002,586	0.01
USD	3,311,000	Frontier Communications Holdings LLC ‘144A’ 5% 1/5/2028	3,197,151	0.02

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	1,365,000	Frontier Communications Holdings LLC ‘144A’ 5.875% 15/10/2027	1,367,471	0.01
USD	5,306,000	Frontier Communications Holdings LLC ‘144A’ 6.75% 1/5/2029	5,138,490	0.03
USD	3,810,000	Frontier North Inc 6.73% 15/2/2028	3,891,629	0.02
USD	254,000	Full House Resorts Inc ‘144A’ 8.25% 15/2/2028	255,784	0.00
USD	823,000	GCI LLC ‘144A’ 4.75% 15/10/2028	809,124	0.01
USD	2,365,000	General Motors Financial Co Inc FRN 30/9/2030 (Perpetual)	2,491,338	0.01
USD	5,238,000	General Motors Financial Co Inc 2.7% 20/8/2027	5,088,817	0.03
USD	272,000	Genesis Energy LP / Genesis Energy Finance Corp 8% 15/1/2027	274,165	0.00
USD	2,658,000	Goldman Sachs Group Inc/The FRN 10/5/2026 (Perpetual)	2,534,403	0.02
USD	6,472,000	Goldman Sachs Group Inc/The FRN 22/4/2032	6,059,639	0.04
USD	9,521,086	GoodLeap Sustainable Home Solutions Trust 2021-3 ‘Series 2021-3CS A’‘144A’ 2.1% 20/5/2048	9,034,097	0.05
USD	342,000	Great Western Petroleum LLC / Great Western Finance Corp ‘144A’ 12% 1/9/2025	357,106	0.00
USD	604,000	Howard Hughes Corp/The ‘144A’ 4.125% 1/2/2029	572,607	0.00
USD	664,000	Howard Hughes Corp/The ‘144A’ 4.375% 1/2/2031	628,795	0.00
USD	1,340,000	Howard Hughes Corp/The ‘144A’ 5.375% 1/8/2028	1,362,056	0.01
USD	546,920	Hudson Yards 2016-10HY Mortgage Trust ‘Series 2016-10HY E‘‘144A’ FRN 10/8/2038	520,531	0.00
USD	89,000	iHeartCommunications Inc ‘144A’ 5.25% 15/8/2027	87,854	0.00
USD	109,727	iHeartCommunications Inc 6.375% 1/5/2026	112,445	0.00
USD	1,622,000	Iron Mountain Inc ‘144A’ 4.5% 15/2/2031	1,505,330	0.01
USD	1,057,000	Iron Mountain Inc ‘144A’ 5.25% 15/7/2030	1,041,779	0.01
USD	388,000	Joseph T Ryerson & Son Inc ‘144A’ 8.5% 1/8/2028	419,098	0.00
USD	772,280	JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT ‘Series 2018-WPT DFL’‘144A’ FRN 5/7/2033	769,247	0.01
USD	1,333,108	JP Morgan Chase Commercial Mortgage Securities Trust 2018-WPT ‘Series 2018-WPT DFX’‘144A’ 5.35% 5/7/2033	1,354,186	0.01
USD	2,616,000	JPMorgan Chase & Co FRN 1/2/2025 (Perpetual)	2,569,435	0.02
USD	104,000	Legends Hospitality Holding Co LLC / Legends Hospitality Co-Issuer Inc ‘144A’ 5% 1/2/2026	102,350	0.00
USD	1,196,000	Level 3 Financing Inc ‘144A’ 3.625% 15/1/2029	1,047,606	0.01
USD	2,284,000	Level 3 Financing Inc ‘144A’ 4.25% 1/7/2028	2,077,846	0.01
USD	2,048,000	Lightning eMotors Inc ‘144A’ 7.5% 15/5/2024	1,666,809	0.01
USD	463,000	Lions Gate Capital Holdings LLC ‘144A’ 5.5% 15/4/2029	435,903	0.00
USD	1,640,000	LogMeIn Inc ‘144A’ 5.5% 1/9/2027	1,560,649	0.01
USD	4,217,000	Lumen Technologies Inc ‘144A’ 5.125% 15/12/2026	3,931,319	0.02
USD	2,610,000	Lumen Technologies Inc ‘144A’ 5.375% 15/6/2029	2,269,578	0.01
USD	626,000	Marriott Ownership Resorts Inc ‘144A’ 6.125% 15/9/2025	647,209	0.00
USD	44,000	Meritor Inc ‘144A’ 4.5% 15/12/2028	44,951	0.00
USD	1,955,000	MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc (Restricted) ‘144A’ 3.875% 15/2/2029	1,967,942	0.01
USD	363,000	MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc (Restricted) 5.625% 1/5/2024	377,303	0.00
USD	961,000	Midwest Gaming Borrower LLC / Midwest Gaming Finance Corp ‘144A’ 4.875% 1/5/2029	926,471	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	395,094	Morgan Stanley Bank of America Merrill Lynch Trust 2015-C24 ‘Series 2015-C24 C’ FRN 15/5/2048	392,441	0.00
USD	2,057,000	Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32 ‘Series 2016-C32 A4’ 3.72% 15/12/2049	2,135,801	0.01
USD	1,299,000	Morgan Stanley Capital I Trust 2018-MP ‘Series 2018-MP A’‘144A’ FRN 11/7/2040	1,367,846	0.01
USD	2,390,036	Mosaic Solar Loan Trust 2021-2 ‘Series 2021-2A B’‘144A’ 2.09% 22/4/2047	2,268,157	0.01
USD	797,991	Mosaic Solar Loans 2017-2 LLC ‘Series 2017-2A A’‘144A’ 3.82% 22/6/2043	808,397	0.01
USD	3,902,000	Mozart Debt Merger Sub Inc ‘144A’ 3.875% 1/4/2029	3,697,584	0.02
USD	265,000	Nationstar Mortgage Holdings Inc ‘144A’ 5.125% 15/12/2030	250,014	0.00
USD	2,619,000	Nationstar Mortgage Holdings Inc ‘144A’ 5.5% 15/8/2028	2,618,385	0.02
USD	647,000	Nationstar Mortgage Holdings Inc ‘144A’ 6% 15/1/2027	658,352	0.00
USD	1,384,000	New Home Co Inc/The ‘144A’ 7.25% 15/10/2025	1,371,544	0.01
USD	713,000	Nexstar Media Inc ‘144A’ 4.75% 1/11/2028	693,417	0.00
USD	96,000	NRG Energy Inc ‘144A’ 5.25% 15/6/2029	97,648	0.00
USD	107,000	NRG Energy Inc 5.75% 15/1/2028	109,646	0.00
USD	1,935,000	NuStar Logistics LP 5.75% 1/10/2025	2,020,614	0.01
USD	350,000	OneMain Financial Issuance Trust 2021-1 ‘Series 2021-1A C’‘144A’ 2.22% 16/6/2036	333,765	0.00
USD	750,000	OneMain Financial Issuance Trust 2021-1 ‘Series 2021-1A D’‘144A’ 2.47% 16/6/2036	705,035	0.00
USD	5,974,000	ONEOK Partners LP 4.9% 15/3/2025	6,310,498	0.04
USD	3,267,000	Oracle Corp 3.95% 25/3/2051	2,929,555	0.02
USD	154,000	Outfront Media Capital LLC / Outfront Media Capital Corp ‘144A’ 5% 15/8/2027	152,012	0.00
USD	2,302,500	Pacific Gas and Electric Co 4.5% 1/7/2040	2,132,140	0.01
USD	927,000	Pacific Gas and Electric Co 4.55% 1/7/2030	945,176	0.01
USD	1,649,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer ‘144A’ 4.875% 15/5/2029	1,571,200	0.01
USD	268,000	Park Intermediate Holdings LLC / PK Domestic Property LLC / PK Finance Co-Issuer ‘144A’ 5.875% 1/10/2028	271,019	0.00
USD	115,000	Parsley Energy LLC / Parsley Finance Corp ‘144A’ 5.625% 15/10/2027	118,950	0.00
USD	1,210,000	Party City Holdings Inc ‘144A’ 8.75% 15/2/2026	1,204,894	0.01
USD	1,583,000	Peninsula Pacific Entertainment LLC / Peninsula Pacific Entertainment Finance In ‘144A’ 8.5% 15/11/2027	1,758,615	0.01
USD	756,000	Periama Holdings LLC/DE 5.95% 19/4/2026	773,955	0.01
USD	3,427,000	PG&E Corp 5% 1/7/2028	3,381,678	0.02
USD	239,000	PG&E Corp 5.25% 1/7/2030	237,805	0.00
USD	4,717,000	Pitney Bowes Inc ‘144A’ 6.875% 15/3/2027	4,456,150	0.03
USD	4,015,000	Pitney Bowes Inc ‘144A’ 7.25% 15/3/2029	3,783,736	0.02
USD	200,000	Promigas SA ESP / Gases del Pacifico SAC ‘144A’ 3.75% 16/10/2029	179,611	0.00
USD	4,860,000	Prudential Financial Inc FRN 15/9/2042	4,935,330	0.03
USD	3,415,000	Prudential Financial Inc FRN 15/6/2043	3,508,912	0.02
USD	654,000	Radiate Holdco LLC / Radiate Finance Inc ‘144A’ 4.5% 15/9/2026	619,976	0.00
USD	430,000	Rattler Midstream LP ‘144A’ 5.625% 15/7/2025	438,144	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	252,000	Renewable Energy Group Inc ‘144A’ 5.875% 1/6/2028	253,241	0.00
USD	1,954,000	Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc ‘144A’ 3.625% 1/3/2029	1,832,725	0.01
USD	524,000	Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc ‘144A’ 3.875% 1/3/2031	489,510	0.00
USD	2,250,000	Sabre GLBL Inc ‘144A’ 9.25% 15/4/2025	2,533,208	0.02
USD	735,000	Sasol Financing USA LLC 4.375% 18/9/2026	715,706	0.00
USD	782,000	Sasol Financing USA LLC 5.5% 18/3/2031	749,742	0.00
USD	324,000	Sasol Financing USA LLC 6.5% 27/9/2028	336,555	0.00
USD	12,199,000	Select Medical Corp ‘144A’ 6.25% 15/8/2026	12,242,184	0.07
USD	2,023,000	Service Properties Trust 4.5% 15/6/2023	1,995,750	0.01
USD	4,649,000	Service Properties Trust 5% 15/8/2022	4,632,938	0.03
USD	302,000	Service Properties Trust 7.5% 15/9/2025	317,478	0.00
USD	1,086,000	Sirius XM Radio Inc ‘144A’ 4.125% 1/7/2030	1,030,875	0.01
USD	194,000	Sirius XM Radio Inc ‘144A’ 5% 1/8/2027	197,339	0.00
USD	162,000	Sirius XM Radio Inc ‘144A’ 5.5% 1/7/2029	166,027	0.00
USD	126,000	Six Flags Entertainment Corp ‘144A’ 4.875% 31/7/2024	127,080	0.00
USD	2,060,000	SK Battery America Inc 2.125% 26/1/2026	1,964,540	0.01
USD	9,573,475	SLM Private Education Loan Trust 2010-C ‘Series 2010-C A5’‘144A’ FRN 15/10/2041	10,627,771	0.06
USD	1,322,000	SM Energy Co ‘144A’ 10% 15/1/2025	1,441,582	0.01
USD	2,320,000	SMB Private Education Loan Trust ‘Series 2020-B B’‘144A’ 2.76% 15/7/2053	2,244,818	0.01
USD	3,620,000	SMB Private Education Loan Trust 2021-A ‘Series 2021-A B’‘144A’ 2.31% 15/1/2053	3,478,099	0.02
USD	8,880,000	SMB Private Education Loan Trust 2021-A ‘Series 2021-A C’‘144A’ 2.99% 15/1/2053	8,653,948	0.05
USD	4,770,000	SMB Private Education Loan Trust 2021-A ‘Series 2021-A D1’‘144A’ 3.86% 15/1/2053	4,646,926	0.03
USD	2,600,000	SMB Private Education Loan Trust 2021-A ‘Series 2021-A D2' '144A' 3.86% 15/1/2053	2,522,023	0.02
USD	270,000	SRS Distribution Inc ‘144A’ 4.625% 1/7/2028	256,181	0.00
USD	60,000	Standard Industries Inc/NJ ‘144A’ 5% 15/2/2027	60,413	0.00
USD	526,000	Stem Inc ‘144A’ 0.5% 1/12/2028	350,133	0.00
USD	147,000	Summit Materials LLC / Summit Materials Finance Corp ‘144A’ 5.25% 15/1/2029	147,809	0.00
USD	274,000	Sunoco LP / Sunoco Finance Corp 4.5% 15/5/2029	261,371	0.00
USD	1,153,000	Sunoco LP / Sunoco Finance Corp ‘144A’ 4.5% 30/4/2030	1,099,864	0.01
USD	77,000	Sunoco LP / Sunoco Finance Corp 6% 15/4/2027	79,345	0.00
USD	2,354,000	Talen Energy Supply LLC ‘144A’ 7.625% 1/6/2028	2,099,862	0.01
USD	7,133,000	Tap Rock Resources LLC ‘144A’ 7% 1/10/2026	7,162,495	0.04
USD	65,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp 5.375% 1/2/2027	66,908	0.00
USD	129,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp 5.875% 15/4/2026	133,668	0.00
USD	104,000	Targa Resources Partners LP / Targa Resources Partners Finance Corp 6.5% 15/7/2027	110,359	0.00
USD	64,000	Teleflex Inc 4.625% 15/11/2027	65,171	0.00
USD	3,234,000	Tenet Healthcare Corp ‘144A’ 4.25% 1/6/2029	3,116,476	0.02
USD	1,050,000	Tenet Healthcare Corp ‘144A’ 4.375% 15/1/2030	1,005,380	0.01
USD	76,000	Tenet Healthcare Corp ‘144A’ 4.625% 1/9/2024	77,157	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	205,000	Tenet Healthcare Corp ‘144A’ 4.625% 15/6/2028	200,550	0.00
USD	262,000	Tenet Healthcare Corp ‘144A’ 4.875% 1/1/2026	262,760	0.00
USD	196,000	Tenet Healthcare Corp ‘144A’ 6.25% 1/2/2027	200,651	0.00
USD	526,000	Travel + Leisure Co ‘144A’ 6.625% 31/7/2026	561,118	0.00
USD	85,000	Tri Pointe Homes Inc 5.7% 15/6/2028	86,188	0.00
USD	1,075,152	UBS-Barclays Commercial Mortgage Trust 2012-C3 ‘Series 2012-C3 D’‘144A’ FRN 10/8/2049	1,078,228	0.01
USD	5,497,195	United Airlines 2020-1 Class A Pass Through Trust 5.875% 15/10/2027	5,813,001	0.03
USD	132,000	United Rentals North America Inc 5.5% 15/5/2027	136,241	0.00
USD	560,000,000	United States Treasury Bill 1/3/2022 (Zero Coupon)	559,999,821	3.21
USD	165,000,000	United States Treasury Bill 3/3/2022 (Zero Coupon)	164,999,634	0.95
USD	412,500,000	United States Treasury Bill 8/3/2022 (Zero Coupon)	412,497,707	2.37
USD	200,000,000	United States Treasury Bill 10/3/2022 (Zero Coupon)	199,998,518	1.15
USD	301,000,000	United States Treasury Bill 15/3/2022 (Zero Coupon)	300,998,748	1.73
USD	220,000,000	United States Treasury Bill 17/3/2022 (Zero Coupon)	219,998,269	1.26
USD	294,000,000	United States Treasury Bill 24/3/2022 (Zero Coupon)	293,992,162	1.69
USD	343,000,000	United States Treasury Bill 29/3/2022 (Zero Coupon)	342,985,495	1.97
USD	423,750,000	United States Treasury Bill 31/3/2022 (Zero Coupon)	423,729,931	2.43
USD	89,000,000	United States Treasury Bill 5/4/2022 (Zero Coupon)	88,991,768	0.51
USD	100,000,000	United States Treasury Bill 7/4/2022 (Zero Coupon)	99,989,972	0.57
USD	391,500,000	United States Treasury Bill 12/4/2022 (Zero Coupon)	391,450,781	2.25
USD	225,000,000	United States Treasury Bill 14/4/2022 (Zero Coupon)	224,966,952	1.29
USD	324,250,000	United States Treasury Bill 19/4/2022 (Zero Coupon)	324,182,900	1.86
USD	208,200,000	United States Treasury Bill 28/4/2022 (Zero Coupon)	208,136,876	1.19
USD	60,000,000	United States Treasury Bill 5/5/2022 (Zero Coupon)	59,974,333	0.34
USD	49,447,200	United States Treasury Note/Bond 1.375% 15/11/2031	46,777,824	0.27
USD	34,864,200	United States Treasury Note/Bond 1.75% 15/8/2041†	31,742,765	0.18
USD	92,367,100	United States Treasury Note/Bond 1.875% 15/11/2051†	83,736,549	0.48
USD	2,096,000	United Wholesale Mortgage LLC ‘144A’ 5.5% 15/11/2025	2,020,156	0.01
USD	490,552	Upstart Pass-Through Trust Series 2020-ST5 ‘Series 2021-ST5 A’‘144A’ 2% 20/7/2027	480,225	0.00
USD	942,226	Upstart Pass-Through Trust Series 2021-ST4 ‘Series 2021-ST4 A’‘144A’ 2% 20/7/2027	922,103	0.01
USD	2,381,000	USB Capital IX FRN 31/3/2022 (Perpetual)	2,022,290	0.01
USD	552,000	VICI Properties LP / VICI Note Co Inc ‘144A’ 3.5% 15/2/2025	551,106	0.00
USD	603,000	VICI Properties LP / VICI Note Co Inc ‘144A’ 4.125% 15/8/2030	600,033	0.00
USD	1,032,000	Vistra Corp ‘144A’ FRN 15/12/2026 (Perpetual)	1,025,669	0.01
USD	167,000	Vistra Operations Co LLC ‘144A’ 5% 31/7/2027	167,457	0.00
USD	7,169,000	Vistra Operations Co LLC ‘144A’ 5.625% 15/2/2027	7,305,426	0.04
USD	1,350,000	VNDO Trust 2016-350P ‘Series 2016-350P D’‘144A’ FRN 10/1/2035	1,297,367	0.01
USD	502,000	Weekley Homes LLC / Weekley Finance Corp ‘144A’ 4.875% 15/9/2028	480,391	0.00
USD	2,000,000	Wells Fargo Commercial Mortgage Trust 2015-C28 ‘Series 2015-C28 AS’ FRN 15/5/2048	2,044,005	0.01
USD	796,545	Wells Fargo Commercial Mortgage Trust 2017-C38 ‘Series 2017-C38 C’ FRN 15/7/2050	791,845	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	1,318,000	Wells Fargo Commercial Mortgage Trust 2018-1745 ‘Series 2018-1745 A’‘144A’ FRN 15/6/2036	1,360,836	0.01
USD	226,000	Wyndham Hotels & Resorts Inc ‘144A’ 4.375% 15/8/2028	223,237	0.00
USD	1,442,000	Xerox Holdings Corp ‘144A’ 5% 15/8/2025	1,465,418	0.01
USD	252,000	XHR LP ‘144A’ 4.875% 1/6/2029	244,135	0.00
USD	1,856,000	XHR LP ‘144A’ 6.375% 15/8/2025	1,909,295	0.01
USD	3,105,000	Zayo Group Holdings Inc ‘144A’ 4% 1/3/2027	2,940,885	0.02
			4,888,424,604	28.04
		ウルグアイ
USD	810,420	Uruguay Government International Bond 4.375% 27/10/2027	875,128	0.01
USD	269,359	Uruguay Government International Bond 5.1% 18/6/2050	318,160	0.00
			1,193,288	0.01
債券合計			6,342,983,140	36.38
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			17,076,053,370	97.95
その他の譲渡可能な有価証券
普通/優先株式
		オーストラリア
	9,488,465	Quintis Pty Ltd** Cayman Islands	1,854,703	0.01
		ケイマン諸島
	609	Marco Polo Investment Holdings Ltd Npv**	-	0.00
		中国
	24,969	Epic Games, Inc.**	20,951,238	0.12
		インド
	3,482	Think & Learn Pvt Ltd,**	13,173,901	0.08
	2,463	Think & Learn Pvt Ltd,**	9,318,587	0.05
			22,492,488	0.13
		英国
	413,408	10X Future Technologies Holdings Ltd**	12,274,891	0.07
	107,909	Lookout, Inc**	1,137,361	0.01
	1,919,121	Lookout, Inc Series F (Pref)**	20,227,535	0.12
	24,103	Neon Payments Ltd (Pref)**	14,676,317	0.08
	652,238	NMC Health Plc**	-	0.00
			48,316,104	0.28

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国
	21,376	Breeze Aviation Group Inc**	11,440,649	0.07
	190,437	ByteDance Ltd**	30,999,563	0.18
	26,463	Caresyntax Inc**	3,521,167	0.02
	45,650	Databricks Inc**	8,807,254	0.05
	162,919	Databricks Inc**	31,431,963	0.18
	1,209,710	Deep Instinct Ltd**	7,488,105	0.04
	941,683	eXo Imaging**	4,746,082	0.03
	1,379,100	Exscientia Ltd Lockup**	21,900,108	0.13
	420,195	Fanatics Holdings Inc**	28,506,029	0.16
	23,814	Farmer’s Business Network Inc**	1,336,442	0.01
	157,436	Farmer’s Business Network Inc**	8,835,308	0.05
	235,953	GM Cruise Holdings LLC**	6,056,913	0.04
	4,185,730	Included Health (Pref)**	9,083,034	0.05
	1,924,865	Included Health (Pref)**	4,138,460	0.02
	3,924,026	JumpCloud Inc**	22,288,468	0.13
	258,097	JumpCloud Inc**	1,465,991	0.01
	197,414	Lessen**	5,652,042	0.03
	760,471	Loadsmart Inc**	15,209,420	0.09
	95,378	Loadsmart Inc**	1,907,560	0.01
	231,287	Mountain Digital Inc**	5,312,662	0.03
	561,098	Mythic Inc**	4,118,459	0.02
	4,980	NCB Warrant Holding**	-	0.00
	750,669	Noodle Inc**	5,772,645	0.03
	129,448	Psiquantum Corp**	3,351,409	0.02
	261,161	Relativity Space Inc**	5,406,033	0.03
	3,662	Salt Pay Co Ltd**	6,814,872	0.04
	46,362	SambaNova Systems Inc**	5,023,786	0.03
	134,315	SambaNova Systems Inc**	14,554,373	0.08
	46,853	Snorkel AI Inc**	640,481	0.00
	167,805	Snorkel AI Inc**	2,293,894	0.01
	1,121,246	Ursa Major Technologies Inc**	5,987,454	0.03
	1,197,196	Verge Alalytics Inc**	6,357,111	0.04
	337,227	Zero Mass Water, Inc.**	5,041,544	0.03
			295,489,281	1.69
普通/優先株式合計			389,103,814	2.23

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
債券
		オーストラリア
USD	17,943,829	Quintis Australia Pty Ltd 1/10/2028 (Zero Coupon)**	17,943,829	0.10
USD	18,667,133	Quintis Australia Pty Ltd 7.5% 1/10/2026**	18,667,133	0.11
			36,610,962	0.21
		ケイマン諸島
CNY	103,700,000	Fresh Express Delivery Holding Group Co Ltd (Defaulted) 18/10/2010 (Zero Coupon)**	-	0.00
		インド
USD	19,051,000	REI Agro Ltd (Restricted) (Defaulted) 5.5% 13/11/2014**	2	0.00
		米国
USD	2,090,000	Calpine Escrow Corp 31/12/2049 (Zero Coupon)**	-	0.00
債券合計			36,610,964	0.21
その他の譲渡可能な有価証券合計			425,714,778	2.44
投資有価証券合計			17,501,768,148	100.39
その他の純負債			(68,450,836)	(0.39)
純資産合計(米ドル)			17,433,317,312	100.00

~ 関連当事者ファンドに対する投資。詳細については注記11を参照のこと。
* 当証券のすべてまたは一部は貸付有価証券を表す。
† 差入れた有価証券または保証として引渡した有価証券。詳細については注記14を参照のこと。
** 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)
AUD	547,633	USD	391,655	Deutsche Bank	3/3/2022	4,815
AUD	49,537,478	USD	35,429,318	Morgan Stanley	3/3/2022	434,395
INR	2,113,662,606	USD	27,921,567	Citibank	3/3/2022	125,654
USD	28,029,724	INR	2,113,662,606	BNP Paribas	3/3/2022	(17,496)
USD	1,136,948	SEK	10,256,185	Deutsche Bank	3/3/2022	51,869
USD	48,494,180	SEK	437,521,847	Goldman Sachs	3/3/2022	2,205,430
USD	32,695,872	BRL	188,148,393	HSBC Bank Plc	8/3/2022	(3,763,391)
USD	120,959	BRL	696,328	Barclays	8/3/2022	(13,975)
EUR	40,698,857	USD	45,871,275	Citibank	10/3/2022	(177,081)
JPY	36,811,516,333	USD	324,414,002	Deutsche Bank	10/3/2022	(4,965,298)
JPY	1,452,926	USD	12,803	Morgan Stanley	10/3/2022	(194)
NZD	66,532,442	USD	44,102,227	JP Morgan	10/3/2022	824,913
USD	36,427,667	INR	2,768,611,993	Citibank	10/3/2022	(264,849)
USD	85,010	NZD	125,936	Goldman Sachs	10/3/2022	(31)
USD	35,727,472	NZD	52,931,000	Morgan Stanley	10/3/2022	(15,067)
USD	123,114	SEK	1,117,457	JP Morgan	10/3/2022	4,867
USD	44,453,918	SEK	403,550,000	Goldman Sachs	10/3/2022	1,750,910
EUR	143,972,495	USD	163,647,585	Morgan Stanley	16/3/2022	(1,962,399)
EUR	1,942,386	USD	2,221,177	HSBC Bank Plc	16/3/2022	(39,823)
EUR	54,819,710	USD	62,661,263	BNP Paribas	16/3/2022	(1,097,178)
EUR	157,173,696	USD	178,032,855	Citibank	16/3/2022	(1,522,346)
EUR	12,631,013	USD	14,348,278	JP Morgan	16/3/2022	(163,292)
EUR	62,643,374	USD	71,551,638	Deutsche Bank	16/3/2022	(1,201,356)
EUR	41,101,003	USD	47,192,788	Bank of America	16/3/2022	(1,035,199)
USD	121,927,160	EUR	107,967,263	Citibank	16/3/2022	676,868
USD	3,676,858	EUR	3,270,584	Barclays	16/3/2022	3,899
USD	68,923,137	EUR	61,118,806	Morgan Stanley	16/3/2022	284,989
USD	1,516,813	EUR	1,361,085	Goldman Sachs	16/3/2022	(11,724)
USD	18,413,697	EUR	16,267,523	Deutsche Bank	16/3/2022	144,809
USD	3,805,052	EUR	3,356,223	JP Morgan	16/3/2022	35,919
BRL	154,220,626	USD	27,033,201	Deutsche Bank	17/3/2022	2,774,600
BRL	344,081	USD	60,306	Goldman Sachs	17/3/2022	6,198
CAD	41,275,214	USD	32,111,775	Goldman Sachs	17/3/2022	371,514
CNH	230,328,573	USD	36,133,128	HSBC Bank Plc	17/3/2022	287,177
CNH	314,145,073	USD	49,398,624	Morgan Stanley	17/3/2022	275,019
EUR	345,004,998	USD	390,756,111	BNP Paribas	17/3/2022	(3,289,100)
GBP	28,410	EUR	33,276	Bank of America	17/3/2022	734
GBP	27,525,415	EUR	32,242,000	UBS	17/3/2022	709,337
GBP	28,014,532	USD	37,043,476	HSBC Bank Plc	17/3/2022	532,143
GBP	35,017,683	USD	46,468,262	Barclays	17/3/2022	500,615
JPY	58,730,080,719	USD	517,110,776	JP Morgan	17/3/2022	(7,374,398)
RUB	5,509,618	USD	73,425	Deutsche Bank	17/3/2022	(23,163)
RUB	1,704,713,143	USD	22,718,906	Citibank	17/3/2022	(7,167,368)
USD	82,347,974	CNH	528,015,212	Deutsche Bank	17/3/2022	(1,143,511)
USD	2,566,938	CNH	16,458,434	Citibank	17/3/2022	(35,524)
USD	18,329,450	GBP	13,521,592	Barclays	17/3/2022	193,070
USD	18,457,279	GBP	13,592,437	Citibank	17/3/2022	225,876
USD	10,776,384	INR	823,243,717	Barclays	17/3/2022	(120,550)

未決済先渡為替予約 2022年2月28日現在(続き)

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)
USD	22,706,091	RUB	1,710,222,761	Citibank	17/3/2022	7,104,290
EUR	62,989,227	USD	71,088,886	UBS	24/3/2022	(325,902)
EUR	60,487,000	USD	68,388,114	JP Morgan	7/4/2022	(400,177)
USD	72,617,409	CNH	465,541,496	Deutsche Bank	7/4/2022	(876,692)
JPY	5,040,417,945	EUR	38,467,000	JP Morgan	14/4/2022	526,046
JPY	7,489,820	EUR	57,157	Citibank	14/4/2022	785
USD	65,766,671	CNH	421,874,782	UBS	14/4/2022	(802,487)
CAD	113,945,794	USD	90,852,913	JP Morgan	21/4/2022	(1,173,464)
EUR	54,850,327	USD	62,332,659	JP Morgan	21/4/2022	(653,624)
EUR	39,698,963	USD	45,272,658	Deutsche Bank	21/4/2022	(631,288)
EUR	54,722,520	USD	62,726,126	HSBC Bank Plc	21/4/2022	(1,190,810)
EUR	104,938,267	USD	120,072,464	Morgan Stanley	21/4/2022	(2,069,685)
JPY	8,257,555,762	EUR	63,495,839	JP Morgan	21/4/2022	320,018
MXN	814,557,000	USD	39,214,092	JP Morgan	21/4/2022	466,399
USD	219,793,723	AUD	306,296,557	JP Morgan	21/4/2022	(2,100,008)
USD	275,192,120	EUR	242,385,273	Morgan Stanley	21/4/2022	2,630,577
USD	42,416,917	NOK	373,672,607	JP Morgan	21/4/2022	215,031
AUD	49,236,024	USD	34,965,307	Morgan Stanley	28/4/2022	705,795
IDR	264,409,943,580	USD	18,342,822	Citibank	28/4/2022	(40,104)
USD	72,939,805	HKD	567,850,603	BNP Paribas	28/4/2022	264,956
AUD	38,062,664	USD	27,147,244	Morgan Stanley	5/5/2022	431,557
CHF	28,294,545	USD	30,743,746	JP Morgan	5/5/2022	145,878
CHF	37,864,997	USD	41,154,071	BNP Paribas	5/5/2022	183,772
GBP	13,254,988	USD	17,929,002	Morgan Stanley	5/5/2022	(150,272)
NOK	416,512,712	CHF	43,185,993	Deutsche Bank	5/5/2022	(113,918)
JPY	5,158,596,882	USD	44,893,279	BNP Paribas	6/5/2022	(73,215)
AUD	24,982,547	USD	17,818,552	Goldman Sachs	12/5/2022	285,031
AUD	50,016,322	USD	35,927,374	Morgan Stanley	12/5/2022	316,913
AUD	37,948,599	USD	27,204,812	Deutsche Bank	12/5/2022	294,610
CHF	33,115,267	USD	35,858,239	Barclays	12/5/2022	305,189
CHF	41,727,314	USD	45,234,185	Citibank	12/5/2022	334,004
CHF	41,867,033	USD	45,200,575	UBS	12/5/2022	520,192
EUR	31,392,813	USD	35,569,354	Deutsche Bank	12/5/2022	(242,018)
EUR	43,459,466	USD	49,742,405	JP Morgan	12/5/2022	(836,079)
GBP	26,397,014	USD	35,661,157	HSBC Bank Plc	12/5/2022	(256,782)
GBP	13,429,174	USD	18,160,471	Deutsche Bank	12/5/2022	(148,907)
JPY	8,151,640,007	USD	70,633,794	Deutsche Bank	12/5/2022	203,692
JPY	4,192,472,816	USD	36,110,510	HSBC Bank Plc	12/5/2022	321,942
USD	72,997,780	HKD	568,941,352	State Street	12/5/2022	176,225
AUD	108,163,939	USD	77,371,677	HSBC Bank Plc	19/5/2022	1,018,550
GBP	19,769,602	USD	26,741,530	JP Morgan	19/5/2022	(227,192)
JPY	6,344,060,350	USD	54,947,752	Deutsche Bank	19/5/2022	193,373
JPY	4,106,175,848	USD	35,529,711	Morgan Stanley	19/5/2022	160,233
KRW	82,666,295,802	USD	68,931,662	Citibank	19/5/2022	(278,726)
NOK	255,075,732	CHF	26,399,622	JP Morgan	19/5/2022	(38,657)
CHF	48,344,037	USD	52,640,874	JP Morgan	20/5/2022	171,343
EUR	15,462,740	USD	17,533,320	HSBC Bank Plc	20/5/2022	(127,137)
USD	898,242	EUR	787,883	State Street	20/5/2022	11,333

未決済先渡為替予約 2022年2月28日現在(続き)

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)
CHF	15,990,131	USD	17,317,106	Citibank	16/6/2022	173,201
USD	27,100,733	INR	2,079,330,825	Citibank	16/6/2022	(98,030)
未実現純評価損						(18,352,932)
ヘッジを使用した豪ドル建投資証券クラス
AUD	341,689,476	USD	245,999,369	BNY Mellon	15/3/2022	1,419,453
USD	14,970,878	AUD	20,887,331	BNY Mellon	15/3/2022	(153,715)
未実現純評価益						1,265,738
ヘッジを使用したスイス・フラン建投資証券クラス
CHF	34,366,305	USD	37,187,167	BNY Mellon	15/3/2022	253,597
USD	2,866,639	CHF	2,641,561	BNY Mellon	15/3/2022	(11,246)
未実現純評価益						242,351
ヘッジを使用したオフショア中国人民元建投資証券クラス
CNY	196,120,300	USD	30,776,971	BNY Mellon	15/3/2022	239,469
USD	1,917,850	CNY	12,167,679	BNY Mellon	15/3/2022	(6,461)
未実現純評価益						233,008
ヘッジを使用したユーロ建投資証券クラス
EUR	2,285,027,390	USD	2,613,280,036	BNY Mellon	15/3/2022	(47,213,436)
USD	164,417,097	EUR	145,896,651	BNY Mellon	15/3/2022	577,741
未実現純評価損						(46,635,695)
ヘッジを使用した英ポンド建投資証券クラス
GBP	131,622,335	USD	178,527,240	BNY Mellon	15/3/2022	(1,986,583)
USD	10,928,909	GBP	8,107,419	BNY Mellon	15/3/2022	54,706
未実現純評価損						(1,931,877)
ヘッジを使用した香港ドル建投資証券クラス
HKD	290,658,465	USD	37,296,735	BNY Mellon	15/3/2022	(101,520)
USD	2,227,683	HKD	17,389,055	BNY Mellon	15/3/2022	2,427
未実現純評価損						(99,093)
ヘッジを使用した日本円建投資証券クラス
JPY	5,061,806,752	USD	43,718,555	BNY Mellon	15/3/2022	212,405
USD	2,975,682	JPY	343,229,604	BNY Mellon	15/3/2022	(3,180)
未実現純評価益						209,225
ヘッジを使用したポーランド・ズロチ建投資証券クラス
PLN	63,199,701	USD	15,202,398	BNY Mellon	15/3/2022	(95,348)
USD	865,946	PLN	3,578,918	BNY Mellon	15/3/2022	10,458
未実現純評価損						(84,890)
ヘッジを使用したシンガポール・ドル建投資証券クラス
SGD	108,035,715	USD	80,505,522	BNY Mellon	15/3/2022	(943,906)
USD	4,849,292	SGD	6,551,896	BNY Mellon	15/3/2022	24,224
未実現純評価損						(919,682)
未実現純評価損合計						(66,073,847)

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)
87	CAD	S&P/TSX 60 Index	2022年3月	175,541
497	EUR	Euro Bund	2022年3月	(4,094,322)
71	EUR	FTSE MIB Market Index	2022年3月	(556,210)
(362)	EUR	Euro BUXL	2022年3月	8,446,023
(548)	EUR	Euro-BTP	2022年3月	2,302,395
(1,257)	EUR	EURO STOXX 50 Index	2022年3月	4,326,936
60	GBP	FTSE 100 Index	2022年3月	134,975
(34)	JPY	Nikkei 225 (Yen)	2022年3月	299,423
1,589	USD	Russell 2000 E-Mini Index	2022年3月	(13,413,567)
366	USD	MSCI Emerging Markets Index	2022年3月	(1,371,585)
(1,355)	USD	NASDAQ 100 E-Mini Index	2022年3月	56,978,071
(3,594)	USD	S&P 500 E-Mini Index	2022年3月	33,875,563
(469)	GBP	Long Gilt	2022年6月	(459,796)
1,024	USD	US Treasury 5 Year Note (CBT)	2022年6月	371,069
(555)	USD	US Ultra Bond (CBT)	2022年6月	(539,601)
(872)	USD	US Treasury 10 Year Note (CBT)	2022年6月	(585,875)
(4,209)	USD	US Ultra 10 Year Note	2022年6月	(4,297,617)
合計				81,591,423

添付の注記は、これらの財務書類の不可分の一部である。
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)
CDS	EUR (43,271,641)	ファンドはITRAXX. XO. 34.V2に係るデフォルト・プロテクションを提供し、5%の固定金利を受け取る	Bank of America	20/12/2025	(2,189,582)	3,576,353
CDS	EUR (34,550,000)	ファンドはITRAXX. XO. 35.V1に係るデフォルト・プロテクションを提供し、5%の固定金利を受け取る	Bank of America	20/6/2026	(1,946,866)	2,583,214
CDS	USD 70,511,631	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 America	20/12/2026	592,565	(1,013,108)
CDS	USD (245,901,424)	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 America	20/12/2026	(8,168,519)	13,680,780
CDS	EUR (36,694,838)	ファンドはITRAXX. XO. 36.V1に係るデフォルト・プロテクションを提供し、5%の固定金利を受け取る	Bank of America	20/12/2026	(1,961,436)	2,562,095
CDS	USD 5,283,878	ファンドはBombardier Inc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	Barclays	20/6/2023	(535,874)	(146,426)
CDS	USD (33,871,714)	ファンドはCDX. NA. IG. 33.V1に係るデフォルト・プロテクションを提供し、1%の固定金利を受け取る	Credit Suisse	20/12/2024	(195,959)	442,115
IRS	USD 76,237,684	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.9355%の固定金利を支払う	Bank of America	21/1/2052	818,897	818,897
IRS	USD 15,987,761	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.675%の固定金利を支払う	Goldman Sachs	26/11/2041	963,802	963,802
IRS	USD 34,474,128	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.613%の固定金利を支払う	Goldman Sachs	25/1/2051	2,951,696	2,951,696
IRS	USD 60,413,537	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.467%の固定金利を支払う	Goldman Sachs	28/1/2051	7,166,265	7,166,265
IRS	USD 35,570,896	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.562%の固定金利を支払う	Goldman Sachs	1/2/2051	3,458,517	3,458,517
IRS	USD 19,869,022	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.646%の固定金利を支払う	Goldman Sachs	4/2/2051	1,554,319	1,554,319
IRS	USD 8,105,586	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.885%の固定金利を支払う	Goldman Sachs	22/2/2051	197,701	197,701
IRS	USD 31,964,407	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.98%の固定金利を支払う	Goldman Sachs	27/5/2051	73,405	73,405
IRS	USD 5,267,133	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.945%の固定金利を支払う	Goldman Sachs	28/5/2051	53,196	53,196
IRS	USD 10,024,005	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、2.005%の固定金利を支払う	Goldman Sachs	7/6/2051	(33,759)	(33,759)
IRS	USD 20,648,401	ファンドは1.795%の固定金利を受け取り、USD3ヶ月SOFRの変動金利を支払う	Goldman Sachs	22/6/2051	(915,371)	(915,371)
IRS	USD 7,982,710	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.602%の固定金利を支払う	Goldman Sachs	23/8/2051	705,619	705,619
IRS	USD 11,257,279	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.8235%の固定金利を支払う	Goldman Sachs	15/10/2051	418,056	418,056
IRS	USD 17,536,428	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.7945%の固定金利を支払う	Goldman Sachs	18/10/2051	768,214	768,214
IRS	USD 19,014,900	ファンドは1.804%の固定金利を受け取り、USD3ヶ月SOFRの変動金利を支払う	Goldman Sachs	8/11/2051	(790,518)	(790,518)
IRS	USD 7,551,333	ファンドはUSD3ヶ月SOFRの変動金利を受け取り、1.68%の固定金利を支払う	Goldman Sachs	30/11/2051	531,641	531,641
IRS	BRL 198,073,301	ファンドは9.385%の固定金利を受け取り、BRL1日BROISの変動金利を支払う	JP Morgan	2/1/2025	(1,658,653)	(1,658,653)

スワップ 2022年2月28日現在(続き)

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)
IRS	BRL 216,083,102	ファンドは9.42%の固定金利を受け取り、BRL1日BROISの変動金利を支払う	JP Morgan	2/1/2025	(1,770,550)	(1,770,550)
IRS	BRL 215,286,626	ファンドは9.54%の固定金利を受け取り、BRL1日BROISの変動金利を支払う	JP Morgan	2/1/2025	(1,609,670)	(1,609,670)
TRS	USD 83,209,000	ファンドは3ヶ月USD BBA SOFR + 0bpsを受け取り、Markit iBoxx US Dollar Liquid High + 0bpsを支払う	Barclays	20/3/2022	1,975,114	1,980,596
TRS	USD (80,226)	ファンドは1日USD SOFR -18bpsを受け取り、Snap Inc ‘A’ + 0bpsを支払う	BNP Paribas	16/3/2022	378,522	378,522
TRS	USD (211,500)	ファンドは1日USD SOFR -18bpsを受け取り、Snap Inc ‘A’ + 0bpsを支払う	BNP Paribas	16/3/2022	1,193,283	1,193,283
TRS	USD (12,925)	ファンドは1日USD SOFR -7bpsを受け取り、Universal Health Services Inc + 0bpsを支払う	BNP Paribas	10/8/2022	(80,898)	(80,898)
TRS	USD (13,827)	ファンドは1日USD SOFR -7bpsを受け取り、Universal Health Services Inc + 0bpsを支払う	BNP Paribas	10/8/2022	(164,866)	(164,866)
TRS	USD 30,954,000	ファンドは3ヶ月USD BBA SOFR + 0bpsを受け取り、iBoxx US Dollar Liquid Investment + 0bpsを支払う	Goldman Sachs	21/3/2022	2,094,017	2,096,108
TRS	USD 16,148,000	ファンドは1日USD SOFR + 0bpsを受け取り、iBoxx US Dollar Liquid Investment + 0bpsを支払う	JP Morgan	20/3/2022	553,875	554,142
TRS	USD 31,194,000	ファンドは1日USD SOFR + 0bpsを受け取り、Markit iBoxx US Dollar Liquid High + 0bpsを支払う	Morgan Stanley	21/3/2022	577,296	577,593
合計					5,003,479	41,102,310

CDS: クレジット・デフォルト・スワップ
IRS: 金利スワップ
TRS: トータル・リターン・スワップ
添付の注記は、これらの財務書類の不可分の一部である。
買建オプション 2022年2月28日現在

契約数	コール /プット	摘要	取引相手	行使価格	満期日	未実現評価益 /(損) (米ドル)	時価 (米ドル)
205,505,014	プット	OTC EUR/USD	Bank of America	EUR 1.135	16/3/2022	1,975,808	2,991,834
2,862,548	プット	OTC USD/RUB	Bank of America	USD 66	18/4/2022	150,780	422,054
120,480,000	プット	OTC EUR/USD	BNP Paribas	EUR 1.125	17/3/2022	(342,080)	1,001,050
88,633,232	コール	OTC EUR/USD	BNP Paribas	EUR 1.16	7/4/2022	(441,105)	182,005
93,012,000	コール	OTC USD/CNH	Citibank	USD 6.75	29/3/2022	(83,004)	1
93,012,000	コール	OTC USD/CNH	Citibank	USD 6.45	29/3/2022	(490,935)	42,241
297,015,996	プット	OTC EUR/USD	Deutsche Bank	EUR 1.13	13/4/2022	2,675,851	4,884,399
88,633,232	コール	OTC EUR/USD	JP Morgan	EUR 1.16	7/4/2022	(435,359)	182,005
245,206,947	プット	OTC EUR/USD	Morgan Stanley	EUR 1.1225	8/3/2022	(438,097)	1,182,658
12,055	コール	Moelis & Co	Barclays	EUR 730	18/3/2022	(349,788)	25,717
759,189	コール	Royal Dutch Shell Plc	Citibank	USD 50	14/4/2022	657,555	2,654,471
6,696	コール	Amazon.com Inc	Citibank	USD 4,150	17/6/2022	(877,088)	46,960
27,838	コール	S&P 500 Index	Citibank	USD 4,550	17/6/2022	675,685	1,704,577
5,985	コール	EURO STOXX 50 Index	Credit Suisse	EUR 4,600	18/3/2022	(267,469)	2,866
190,655	コール	Devon Energy Corp	Credit Suisse	USD 50	14/4/2022	681,129	1,554,329
5,985	コール	EURO STOXX 50 Index	Credit Suisse	EUR 4,650	17/6/2022	(346,048)	33,620
88,834	コール	EssilorLuxottica SA	Goldman Sachs	EUR 200	17/6/2022	(584,858)	45,861
53,489	コール	EssilorLuxottica SA	JP Morgan	EUR 200	16/9/2022	(514,586)	72,781
286,364	コール	Pioneer Natural Resources Co	Morgan Stanley	USD 210	14/4/2022	4,309,564	7,288,410
604,448	コール	Royal Dutch Shell Plc	Nomura	USD 52.5	14/4/2022	354,019	1,242,557
1,280	コール	Alcoa Corp	Exchange Traded	USD 65	14/4/2022	1,388,873	2,112,000
65	プット	Alphabet Inc	Exchange Traded	USD 2,600	18/3/2022	(129,919)	340,925
57	プット	Amazon.com Inc	Exchange Traded	USD 3,000	18/3/2022	(110,536)	430,635
161	コール	Amazon.com Inc	Exchange Traded	USD 3,000	14/4/2022	852,243	2,826,355
72	コール	Amazon.com Inc	Exchange Traded	USD 3,400	14/4/2022	(449,011)	191,520
29	コール	Amazon.com Inc	Exchange Traded	USD 3,200	20/5/2022	(11,129)	389,760
612	プット	American Airlines Group Inc	Exchange Traded	USD 10	18/3/2022	(20,368)	1,224
1,070	プット	Apple Inc	Exchange Traded	USD 160	18/3/2022	(242,013)	301,205
2,182	コール	Apple Inc	Exchange Traded	USD 185	14/4/2022	(693,411)	145,103
559	コール	Apple Inc	Exchange Traded	USD 165	14/4/2022	(60,089)	375,928
532	コール	Apple Inc	Exchange Traded	USD 180	20/5/2022	(41,554)	179,550
380	コール	Autodesk Inc	Exchange Traded	USD 250	14/4/2022	(373,470)	120,080
2,599	コール	Barclays Plc	Exchange Traded	GBP 2.3	18/3/2022	(139,204)	8,714
6,308	コール	Barclays Plc	Exchange Traded	GBP 2.1	14/4/2022	(259,618)	348,961
3,101	コール	Bath & Body Works Inc	Exchange Traded	USD 60	20/5/2022	(820,925)	810,912
1,577	コール	BNP Paribas SA	Exchange Traded	EUR 68	14/4/2022	(388,463)	23,009
5,965	コール	BP Plc	Exchange Traded	USD 34	14/4/2022	(648,569)	122,282
5,965	コール	BP Plc	Exchange Traded	USD 35	17/6/2022	(681,377)	244,565
2,263	コール	CF Industries Inc	Exchange Traded	USD 75	20/5/2022	1,458,798	2,285,630
481	コール	Coinbase Global Inc	Exchange Traded	USD 200	14/4/2022	(542,761)	464,165
3,641	コール	Comcast Corp	Exchange Traded	USD 52.5	14/4/2022	(492,358)	109,230
3,943	コール	Coupang Inc	Exchange Traded	USD 25	20/5/2022	666,311	1,194,729

買建オプション 2022年2月28日現在(続き)

契約数	コール /プット	摘要	取引相手	行使価格	満期日	未実現評価益 /(損) (米ドル)	時価 (米ドル)
609	コール	Crowdstrike Holdings Inc	Exchange Traded	USD 200	18/3/2022	80,862	694,260
(23)	コール	Devon Energy Corp	Exchange Traded	USD 60	18/3/2022	1,204	(3,393)
6,280	コール	Devon Energy Corp	Exchange Traded	USD 60	14/4/2022	221,501	1,748,980
3,428	コール	Devon Energy Corp	Exchange Traded	USD 55	14/4/2022	669,012	1,654,010
219	コール	Dexcom Inc	Exchange Traded	USD 440	18/3/2022	(324,607)	168,630
176	コール	Dexcom Inc	Exchange Traded	USD 600	18/3/2022	(435,991)	880
1,334	コール	Diamondback Energy Inc	Exchange Traded	USD 135	18/3/2022	(30,768)	787,060
941	コール	Discovery Inc	Exchange Traded	USD 42.5	14/4/2022	(45,116)	21,173
431	コール	Discovery Inc	Exchange Traded	USD 45	17/6/2022	(20,124)	23,489
1,183	コール	Dynatrace Inc	Exchange Traded	USD 55	20/5/2022	(158,915)	233,642
4,978	コール	Ford Motor Co	Exchange Traded	USD 25	18/3/2022	(417,829)	7,467
630	コール	Freeport-McMoRan Inc	Exchange Traded	USD 45	20/5/2022	129,951	319,725
7,168	コール	General Motors Co	Exchange Traded	USD 60	14/4/2022	(2,015,360)	121,856
3,324	コール	General Motors Co	Exchange Traded	USD 55	17/6/2022	(472,094)	488,628
574	コール	Hilton Worldwide Holdings Inc	Exchange Traded	USD 150	14/4/2022	(39,303)	350,140
260	コール	Home Depot Inc/The	Exchange Traded	USD 365	14/4/2022	(388,888)	19,890
628	コール	JPMorgan Chase & Co	Exchange Traded	USD 155	14/4/2022	(63,253)	113,982
260	コール	Mastercard Inc	Exchange Traded	USD 370	14/4/2022	78,722	384,800
354	コール	McDonald’s Corp	Exchange Traded	USD 270	18/3/2022	(92,540)	4,779
300	コール	Meta Platforms Inc	Exchange Traded	USD 320	14/4/2022	(401,679)	3,900
1,943	コール	MGM Resorts International	Exchange Traded	USD 48	20/5/2022	(3,360)	422,602
3,169	コール	MGM Resorts International	Exchange Traded	USD 55	17/6/2022	(328,120)	334,329
582	プット	Microsoft Corp	Exchange Traded	USD 295	18/3/2022	(85,748)	469,965
308	コール	Microsoft Corp	Exchange Traded	USD 310	14/4/2022	(96,934)	211,750
702	プット	NVIDIA Corp	Exchange Traded	USD 245	18/3/2022	(199,189)	942,435
396	コール	NVIDIA Corp	Exchange Traded	USD 240	14/4/2022	159,006	781,110
2,006	コール	Ovintiv Inc	Exchange Traded	USD 45	14/4/2022	80,799	546,635
276	コール	Pandora A/S	Exchange Traded	DKK 760	13/4/2022	(115,140)	45,796
1,741	コール	Pfizer Inc	Exchange Traded	USD 55	14/4/2022	(281,616)	33,950
458	コール	Pioneer Natural Resources Co	Exchange Traded	USD 210	18/3/2022	625,113	1,019,050
7,394	コール	Royal Dutch Shell Plc	Exchange Traded	EUR 24	18/3/2022	(39,358)	477,174
2,829	コール	Royal Dutch Shell Plc	Exchange Traded	EUR 22	18/3/2022	373,329	542,949
277	コール	Sabre Corp	Exchange Traded	USD 13	14/4/2022	2,709	10,803
784	プット	salesforce.com Inc	Exchange Traded	USD 220	18/3/2022	487,337	1,277,920
993	コール	salesforce.com Inc	Exchange Traded	USD 230	14/4/2022	(535,447)	585,870
185	プット	Seagate Technology Plc	Exchange Traded	USD 80	18/3/2022	(9,383)	3,792
335	プット	ServiceNow Inc	Exchange Traded	USD 500	18/3/2022	(779,619)	187,600
440	コール	ServiceNow Inc	Exchange Traded	USD 520	20/5/2022	1,668,823	3,896,200
1,990	プット	Snap Inc	Exchange Traded	USD 26	14/4/2022	(740,736)	59,700

買建オプション 2022年2月28日現在(続き)

契約数	コール /プット	摘要	取引相手	行使価格	満期日	未実現評価益 /(損) (米ドル)	時価 (米ドル)
10,186	コール	SPDR S&P 500 ETF Trust	Exchange Traded	USD 460	4/3/2022	(4,522,949)	106,953
9,948	コール	SPDR S&P 500 ETF Trust	Exchange Traded	USD 452	4/3/2022	(619,202)	487,452
6,218	コール	SPDR S&P 500 ETF Trust	Exchange Traded	USD 458	18/3/2022	(542,429)	752,378
4,235	プット	SPDR S&P 500 ETF Trust	Exchange Traded	USD 400	18/3/2022	(1,817,786)	1,223,915
428	プット	SPDR S&P 500 ETF Trust	Exchange Traded	USD 415	18/3/2022	49,956	229,836
2,645	コール	SPDR S&P 500 ETF Trust	Exchange Traded	USD 500	31/3/2022	(1,112,856)	14,547
2,807	コール	Starbucks Corp	Exchange Traded	USD 100	14/4/2022	(456,190)	259,647
271	プット	Tesla Inc	Exchange Traded	USD 750	18/3/2022	(947,794)	453,248
100	プット	Tesla Inc	Exchange Traded	USD 850	18/3/2022	164,278	507,500
100	コール	Tesla Inc	Exchange Traded	USD 950	14/4/2022	(698,019)	306,000
469	コール	Twilio Inc	Exchange Traded	USD 310	14/4/2022	(1,239,787)	7,270
301	プット	United Airlines Holdings Inc	Exchange Traded	USD 25	18/3/2022	(12,528)	1,806
39	プット	US Treasury 10 Year Note	Exchange Traded	USD 125	25/3/2022	(15,598)	6,398
446	コール	Visa Inc	Exchange Traded	USD 215	14/4/2022	155,109	474,990
668	コール	Walt Disney Co/The	Exchange Traded	USD 140	14/4/2022	394,573	759,850
1,713	コール	Wells Fargo & Co	Exchange Traded	USD 55	14/4/2022	(100,489)	293,780
905	コール	Western Digital Corp	Exchange Traded	USD 80	14/4/2022	(91,547)	10,860
259	コール	Western Digital Corp	Exchange Traded	USD 65	14/4/2022	(6,972)	10,489
517	コール	Xerox Holdings Corp	Exchange Traded	USD 30	14/4/2022	(5,801)	2,585
267	コール	Xerox Holdings Corp	Exchange Traded	USD 30	15/7/2022	(6,200)	6,675
合計						(10,403,556)	63,496,585

添付の注記は、これらの財務書類の不可分の一部である。
売建オプション 2022年2月28日現在

契約数	コール/ プット	摘要	取引相手	行使価格	満期日	未実現評価益 /(損) (米ドル)	時価 (米ドル)
(205,505,014)	プット	OTC EUR/USD	Bank of America	EUR 1.115	16/3/2022	(587,128)	(858,760)
(120,480,000)	プット	OTC EUR/USD	BNP Paribas	EUR 1.1	17/3/2022	363,106	(214,516)
(88,633,232)	コール	OTC EUR/USD	BNP Paribas	EUR 1.185	7/4/2022	142,293	(40,857)
(186,024,000)	コール	OTC USD/CNH	Citibank	USD 6.6	29/3/2022	351,106	(1,291)
(297,015,996)	プット	OTC EUR/USD	Deutsche Bank	EUR 1.105	13/4/2022	(1,358,147)	(2,017,993)
(88,633,232)	コール	OTC EUR/USD	JP Morgan	EUR 1.185	7/4/2022	142,426	(40,857)
(122,603,474)	プット	OTC EUR/USD	Morgan Stanley	EUR 1.1075	8/3/2022	182,165	(154,173)
(12,055)	プット	Moelis & Co	Barclays	EUR 650	18/3/2022	(119,642)	(324,298)
(18,093)	コール	Moelis & Co	Barclays	EUR 800	18/3/2022	149,848	(4,281)
(24,800)	コール	Charter Communications Inc	Citibank	USD 680	18/3/2022	246,698	(18,662)
(24,800)	プット	Charter Communications Inc	Citibank	USD 560	18/3/2022	278,583	(93,417)
(189,897)	コール	Royal Dutch Shell Plc	Citibank	USD 55	14/4/2022	(117,594)	(210,643)
(569,292)	コール	Royal Dutch Shell Plc	Citibank	USD 60	14/4/2022	190,638	(179,270)
(663,861)	プット	Royal Dutch Shell Plc	Citibank	USD 40	14/4/2022	531,271	(79,963)
(3,348)	プット	Amazon.com Inc	Citibank	USD 2,800	17/6/2022	71,713	(415,053)
(27,838)	プット	S&P 500 Index	Citibank	USD 3,700	16/9/2022	973,141	(3,425,263)
(95,328)	プット	Devon Energy Corp	Credit Suisse	USD 41	14/4/2022	134,461	(58,101)
(190,655)	コール	Devon Energy Corp	Credit Suisse	USD 55	14/4/2022	(458,246)	(965,388)
(8,978)	プット	EURO STOXX 50 Index	Credit Suisse	EUR 3,400	17/6/2022	(428,980)	(970,320)
(88,834)	コール	EssilorLuxottica SA	Goldman Sachs	EUR 220	17/6/2022	181,978	(15,895)
(88,834)	プット	EssilorLuxottica SA	Goldman Sachs	EUR 160	17/6/2022	(1,048,376)	(1,494,620)
(53,489)	プット	EssilorLuxottica SA	JP Morgan	EUR 160	16/9/2022	(672,539)	(1,068,113)
(53,489)	コール	EssilorLuxottica SA	JP Morgan	EUR 225	16/9/2022	180,701	(23,079)
(286,364)	コール	Pioneer Natural Resources Co	Morgan Stanley	USD 240	14/4/2022	(1,424,817)	(2,500,957)
(286,364)	プット	Pioneer Natural Resources Co	Morgan Stanley	USD 155	14/4/2022	1,799,280	(126,351)
(604,448)	コール	Royal Dutch Shell Plc	Nomura	USD 57.5	14/4/2022	(111,947)	(353,726)
(600)	コール	Advance Auto Parts Inc	Exchange Traded	USD 260	18/3/2022	56,341	(3,000)
(350)	プット	Air Products and Chemicals Inc	Exchange Traded	USD 230	14/4/2022	(160,031)	(236,250)
(383)	プット	Albemarle Corp	Exchange Traded	USD 180	17/6/2022	(332,899)	(574,500)
(1,280)	コール	Alcoa Corp	Exchange Traded	USD 85	14/4/2022	(504,991)	(630,400)
(1,656)	コール	Alcoa Corp	Exchange Traded	USD 80	14/4/2022	(875,462)	(1,134,360)
(1,041)	プット	Alibaba Group Holding Ltd	Exchange Traded	USD 115	18/3/2022	(666,318)	(1,267,417)
(72)	コール	Amazon.com Inc	Exchange Traded	USD 3,600	14/4/2022	216,631	(59,580)
(161)	コール	Amazon.com Inc	Exchange Traded	USD 3,300	14/4/2022	11,864	(752,273)
(29)	プット	Amazon.com Inc	Exchange Traded	USD 2,500	20/5/2022	7,555	(129,485)
(29)	コール	Amazon.com Inc	Exchange Traded	USD 3,600	20/5/2022	13,045	(95,700)

売建オプション 2022年2月28日現在(続き)

契約数	コール/ プット	摘要	取引相手	行使価格	満期日	未実現評価益 /(損) (米ドル)	時価 (米ドル)
(513)	プット	Apple Inc	Exchange Traded	USD 155	14/4/2022	(87,020)	(185,963)
(2,741)	プット	Apple Inc	Exchange Traded	USD 150	14/4/2022	(139,772)	(719,513)
(532)	プット	Apple Inc	Exchange Traded	USD 140	20/5/2022	(7,072)	(158,802)
(629)	プット	Aptiv Plc	Exchange Traded	USD 135	20/5/2022	(296,653)	(742,220)
(546)	プット	Autodesk Inc	Exchange Traded	USD 220	18/3/2022	(134,985)	(537,810)
(364)	プット	Autodesk Inc	Exchange Traded	USD 210	14/4/2022	(159,331)	(335,790)
(380)	プット	Autodesk Inc	Exchange Traded	USD 195	14/4/2022	91,252	(195,700)
(2,599)	プット	Barclays Plc	Exchange Traded	GBP 1.9	18/3/2022	(473,130)	(575,111)
(6,308)	コール	Barclays Plc	Exchange Traded	GBP 2.3	14/4/2022	53,477	(105,746)
(3,101)	プット	Bath & Body Works Inc	Exchange Traded	USD 50	20/5/2022	(285,945)	(1,057,441)
(3,101)	コール	Bath & Body Works Inc	Exchange Traded	USD 70	20/5/2022	301,851	(243,429)
(1,577)	コール	BNP Paribas SA	Exchange Traded	EUR 76	14/4/2022	71,313	(3,540)
(1,812)	コール	BP Plc	Exchange Traded	USD 34	18/3/2022	142,145	(15,402)
(5,965)	プット	BP Plc	Exchange Traded	USD 27	14/4/2022	(409,970)	(593,517)
(5,965)	プット	BP Plc	Exchange Traded	USD 27	17/6/2022	(600,852)	(1,028,962)
(1,577)	コール	Capri Holdings Ltd	Exchange Traded	USD 80	20/5/2022	(46,096)	(326,439)
(2,050)	コール	CF Industries Inc	Exchange Traded	USD 90	18/3/2022	(38,395)	(169,125)
(2,263)	コール	CF Industries Inc	Exchange Traded	USD 90	20/5/2022	(588,735)	(814,680)
(481)	プット	Coinbase Global Inc	Exchange Traded	USD 140	14/4/2022	151,347	(238,095)
(481)	コール	Coinbase Global Inc	Exchange Traded	USD 225	14/4/2022	422,042	(199,615)
(3,641)	プット	Comcast Corp	Exchange Traded	USD 42.5	14/4/2022	70,031	(304,023)
(1,021)	コール	ConocoPhillips	Exchange Traded	USD 95	18/3/2022	44,989	(203,689)
(2,058)	コール	ConocoPhillips	Exchange Traded	USD 100	14/4/2022	14,977	(402,339)
(3,943)	プット	Coupang Inc	Exchange Traded	USD 15	20/5/2022	59,688	(185,321)
(609)	コール	Crowdstrike Holdings Inc	Exchange Traded	USD 250	18/3/2022	23,616	(87,696)
(176)	プット	Dexcom Inc	Exchange Traded	USD 580	18/3/2022	(2,446,618)	(2,971,760)
(219)	プット	Dexcom Inc	Exchange Traded	USD 350	18/3/2022	198,255	(64,058)
(1,183)	プット	Dynatrace Inc	Exchange Traded	USD 40	20/5/2022	(76,163)	(384,475)
(8,296)	コール	EQT Corp	Exchange Traded	USD 23	18/3/2022	(144,153)	(850,340)
(832)	コール	Exxon Mobil Corp	Exchange Traded	USD 80	18/3/2022	14,678	(112,736)
(4,978)	コール	Ford Motor Co	Exchange Traded	USD 29	18/3/2022	121,472	(4,978)
(2,098)	コール	Freeport-McMoRan Inc	Exchange Traded	USD 48	14/4/2022	(222,888)	(542,333)
(630)	プット	Freeport-McMoRan Inc	Exchange Traded	USD 35	20/5/2022	35,450	(51,975)
(2,021)	コール	Freeport-McMoRan Inc	Exchange Traded	USD 55	20/5/2022	(45,937)	(318,307)
(7,168)	コール	General Motors Co	Exchange Traded	USD 70	14/4/2022	542,114	(32,256)
(3,324)	プット	General Motors Co	Exchange Traded	USD 35	17/6/2022	(62,023)	(319,104)
(3,324)	コール	General Motors Co	Exchange Traded	USD 62.5	17/6/2022	206,601	(171,186)
(260)	プット	Home Depot Inc/The	Exchange Traded	USD 300	14/4/2022	(54,528)	(213,850)
(249)	プット	Home Depot Inc/The	Exchange Traded	USD 290	20/5/2022	(132,152)	(232,193)
(628)	プット	JPMorgan Chase & Co	Exchange Traded	USD 125	14/4/2022	74,592	(128,112)

売建オプション 2022年2月28日現在(続き)

契約数	コール/ プット	摘要	取引相手	行使価格	満期日	未実現評価益 /(損) (米ドル)	時価 (米ドル)
(1,501)	プット	Masco Corp	Exchange Traded	USD 50	17/6/2022	(89,168)	(247,665)
(260)	コール	Mastercard Inc	Exchange Traded	USD 415	14/4/2022	19,702	(59,020)
(300)	プット	Meta Platforms Inc	Exchange Traded	USD 250	14/4/2022	(1,055,862)	(1,299,750)
(1,943)	プット	MGM Resorts International	Exchange Traded	USD 38	20/5/2022	12,183	(304,080)
(3,169)	プット	MGM Resorts International	Exchange Traded	USD 40	17/6/2022	(242,806)	(804,926)
(1,040)	コール	Micron Technology Inc	Exchange Traded	USD 100	14/4/2022	(55,908)	(257,400)
(338)	プット	Nice Ltd	Exchange Traded	USD 220	20/5/2022	(327,068)	(451,230)
(702)	プット	NVIDIA Corp	Exchange Traded	USD 210	18/3/2022	167,902	(212,004)
(396)	コール	NVIDIA Corp	Exchange Traded	USD 270	14/4/2022	18,937	(302,940)
(276)	プット	Pandora A/S	Exchange Traded	DKK 640	13/4/2022	(40,500)	(112,929)
(1,741)	プット	Pfizer Inc	Exchange Traded	USD 45	14/4/2022	(31,103)	(266,373)
(229)	プット	Pioneer Natural Resources Co	Exchange Traded	USD 170	18/3/2022	45,385	(16,030)
(458)	コール	Pioneer Natural Resources Co	Exchange Traded	USD 235	18/3/2022	(186,401)	(297,700)
(841)	コール	Pioneer Natural Resources Co	Exchange Traded	USD 240	18/3/2022	(89,973)	(433,115)
(2,829)	コール	Royal Dutch Shell Plc	Exchange Traded	EUR 25	18/3/2022	36,244	(92,079)
(2,829)	プット	Royal Dutch Shell Plc	Exchange Traded	EUR 19	18/3/2022	78,171	(38,102)
(784)	プット	salesforce.com Inc	Exchange Traded	USD 185	18/3/2022	(73,012)	(260,680)
(705)	プット	salesforce.com Inc	Exchange Traded	USD 220	14/4/2022	(706,569)	(1,332,450)
(993)	プット	salesforce.com Inc	Exchange Traded	USD 175	14/4/2022	46,946	(345,067)
(440)	コール	ServiceNow Inc	Exchange Traded	USD 620	20/5/2022	(687,381)	(1,478,400)
(1,990)	プット	Snap Inc	Exchange Traded	USD 19	14/4/2022	219,438	(14,925)
(10,186)	コール	SPDR S&P 500 ETF Trust	Exchange Traded	USD 470	4/3/2022	1,539,573	(25,465)
(4,235)	プット	SPDR S&P 500 ETF Trust	Exchange Traded	USD 380	18/3/2022	892,607	(542,080)
(6,218)	コール	SPDR S&P 500 ETF Trust	Exchange Traded	USD 465	18/3/2022	238,331	(298,464)
(2,645)	プット	SPDR S&P 500 ETF Trust	Exchange Traded	USD 405	31/3/2022	(641,954)	(1,419,043)
(2,807)	プット	Starbucks Corp	Exchange Traded	USD 80	14/4/2022	45,099	(263,858)
(945)	プット	Starbucks Corp	Exchange Traded	USD 80	20/5/2022	(25,732)	(177,660)
(271)	プット	Tesla Inc	Exchange Traded	USD 675	18/3/2022	608,268	(169,375)
(100)	プット	Tesla Inc	Exchange Traded	USD 720	14/4/2022	233,955	(278,500)
(469)	プット	Twilio Inc	Exchange Traded	USD 260	14/4/2022	(3,328,294)	(4,246,795)
(2,365)	コール	Uber Technologies Inc	Exchange Traded	USD 47.5	14/4/2022	165,998	(52,030)
(2,365)	プット	Uber Technologies Inc	Exchange Traded	USD 30	14/4/2022	88,833	(218,762)
(234)	プット	Unitedhealth Group Inc	Exchange Traded	USD 430	18/3/2022	129,934	(77,805)
(1,767)	コール	Valero Energy Corp	Exchange Traded	USD 90	18/3/2022	84,543	(200,554)
(446)	コール	Visa Inc	Exchange Traded	USD 235	14/4/2022	(14,817)	(120,866)
(668)	コール	Walt Disney Co/The	Exchange Traded	USD 155	14/4/2022	(105,666)	(230,460)

売建オプション 2022年2月28日現在(続き)

契約数	コール/ プット	摘要	取引相手	行使価格	満期日	未実現評価益 /(損) (米ドル)	時価 (米ドル)
(1,713)	プット	Wells Fargo & Co	Exchange Traded	USD 45	14/4/2022	99,830	(124,193)
(1,713)	コール	Wells Fargo & Co	Exchange Traded	USD 60	14/4/2022	78,418	(82,224)
合計						(9,306,718)	(53,521,442)

添付の注記は、これらの財務書類の不可分の一部である。
差金決済契約 2022年2月28日現在

保有高	銘柄	取引相手	未実現評価益/(損) (米ドル)
	オーストラリア
(178,340)	Crown Resorts Ltd	JP Morgan	3,082
(110,627)	IDP Education Ltd	JP Morgan	372,050
			375,132
	ブラジル
(118,009)	Suzano SA	Citibank	70,381
(169,369)	Hapvida Participacoes e Investimentos SA	JP Morgan	(33,026)
(98,674)	Localiza Rent a Car SA	JP Morgan	(37,026)
(1,718,219)	Magazine Luiza SA	JP Morgan	123,281
(122,969)	Petro Rio SA	JP Morgan	(59,284)
(128,586)	Raia Drogasil SA	JP Morgan	(48,668)
			15,658
	カナダ
(24,209)	Teck Resources Ltd	JP Morgan	(11,328)
			(11,328)
	ケイマン諸島
(13,771)	Baidu Inc	Citibank	11,292
(306,000)	China Conch Venture Holdings Ltd	Citibank	19,523
(57,009)	KE Holdings Inc	Citibank	47,888
(116,722)	Kingsoft Cloud Holdings Ltd	Citibank	(16,341)
(532,000)	Longfor Group Holdings Ltd	Citibank	197,920
(175,800)	Microport Scientific Corp	Citibank	10,757
(302,069)	RLX Technology Inc	Citibank	10,572
(65,900)	Sunny Optical Technology Group Co Ltd	Citibank	(16,571)
(208,000)	Xinyi Solar Holdings Ltd	Citibank	(2,186)
(30,548)	Bilibili Inc ADR	JP Morgan	(2,444)
(120,000)	China Resources Land Ltd	JP Morgan	7,009
(346,000)	CK Asset Holdings Ltd	JP Morgan	74,943
(2,882,932)	Country Garden Holdings Co Ltd	JP Morgan	146,854
(50,491)	GDS Holdings Ltd	JP Morgan	(271,577)
(485,000)	Geely Automobile Holdings Ltd	JP Morgan	151,940
(506,170)	iQIYI Inc ADR	JP Morgan	20,649
(204,500)	Ping An Healthcare and Technology Co Ltd	JP Morgan	13,575
(29,000)	Shenzhou International Group Holdings Ltd	JP Morgan	34,116
(89,000)	Smoore International Holdings Ltd	JP Morgan	58,604
(218,800)	Xiaomi Corp	JP Morgan	37,653
(30,990)	XPeng Inc	JP Morgan	45,555
			579,731
	中国
(296,000)	China Longyuan Power Group Corp Ltd	Citibank	(38,675)
(787,900)	China Vanke Co Ltd	Citibank	217,437
(834,000)	China Southern Airlines Co Ltd	JP Morgan	42,145
(71,200)	Fuyao Glass Industry Group Co Ltd	JP Morgan	31,129
(551,250)	Shandong Gold Mining Co Ltd	JP Morgan	(66,411)
			185,625

保有高	銘柄	取引相手	未実現評価益/(損) (米ドル)
	フィンランド
(17,638)	Sampo Oyj	Citibank	20,277
			20,277
	ドイツ
(300,091)	Commerzbank AG	Citibank	530,183
(16,746)	Delivery Hero SE	JP Morgan	383,623
			913,806
	香港
(53,500)	China Overseas Land & Investment Ltd	Citibank	7,639
(88,000)	Galaxy Entertainment Group Ltd	JP Morgan	40,333
			47,972
	アイルランド
1,241,004	iShares S& P 500 Consumer Discretionary Sector UCITS ETF	JP Morgan	(868,703)
2,488,763	iShares S& P 500 Industrials Sector UCITS ETF	JP Morgan	(497,753)
			(1,366,456)
	イタリア
(61,116)	Nexi SpA	Citibank	35,592
(1,319,919)	Telecom Italia SpA/Milano	JP Morgan	68,669
			104,261
	日本
(23,600)	Open House Group Co Ltd	Citibank	(38,281)
(78,700)	Hitachi Metals Ltd	JP Morgan	35,025
(40,100)	Kobe Bussan Co Ltd	JP Morgan	(72,527)
(4,500)	Lasertec Corp	JP Morgan	66,798
(30,100)	Mitsui Fudosan Co Ltd	JP Morgan	(7,222)
			(16,207)
	大韓民国(韓国)
(41,350)	Celltrion Healthcare Co Ltd	Citibank	48,781
(591)	Korea Zinc Co Ltd	JP Morgan	(12,330)
(15,204)	POSCO Chemical Co Ltd	JP Morgan	(28,522)
			7,929
	オランダ
(31,409)	Just Eat Takeaway.com NV	Citibank	(49,656)
			(49,656)
	ポーランド
(60,911)	CD Projekt SA	JP Morgan	295,702
			295,702
	シンガポール
(227,800)	Singapore Airlines Ltd	Citibank	36,171
			36,171
	南アフリカ
(6,076)	Capitec Bank Holdings Ltd	JP Morgan	16,309
			16,309

保有高	銘柄	取引相手	未実現評価益/(損) (米ドル)
	スペイン
(23,560)	Ferrovial SA	Citibank	2,893
			2,893
	スウェーデン
(13,124)	Fastighets AB Balder	Citibank	11,923
(20,549)	Sagax AB	Citibank	(3,001)
(38,419)	Sweco AB	Citibank	26,962
			35,884
	スイス
(3,314)	Vifor Pharma AG	JP Morgan	2,196
			2,196
	英国
(229,107)	BT Group Plc	Citibank	41,713
(960,011)	Rolls-Royce Holdings Plc	Citibank	245,438
(35,999)	SSE Plc	Citibank	(46,940)
(255,238)	Tesco Plc	Citibank	8,408
(139,513)	Aviva Plc	JP Morgan	61,787
(130,548)	Informa Plc	JP Morgan	(9,713)
(85,474)	Ocado Group Plc	JP Morgan	(133,283)
(15,299)	Prudential Plc	JP Morgan	10,007
			177,417
	米国
(22,547)	American International Group Inc	Citibank	(225)
(9,352)	Citrix Systems Inc	Citibank	(3,554)
(971)	Cooper Cos Inc/The	Citibank	(12,798)
(2,343)	Martin Marietta Materials Inc	Citibank	(6,912)
(8,095)	Paychex Inc	Citibank	23,314
(36,700)	Westinghouse Air Brake Technologies Corp	Citibank	66,060
(3,695)	Zimmer Biomet Holdings Inc	Citibank	(10,568)
(8,889)	Affirm Holdings Inc	JP Morgan	37,215
(6,686)	AmerisourceBergen Corp	JP Morgan	(1,558)
(610)	Chipotle Mexican Grill Inc	JP Morgan	(17,720)
(86,981)	DISH Network Corp	JP Morgan	(159,702)
(9,924)	Dollar General Corp	JP Morgan	42,276
(19,695)	Dollar Tree Inc	JP Morgan	(85,708)
(27,390)	DXC Technology Co	JP Morgan	108,464
(29,885)	Fiserv Inc	JP Morgan	66,345
(31,343)	J M Smucker Co/The	JP Morgan	48,582
(22,413)	Las Vegas Sands Corp	JP Morgan	69,671
(9,200)	Match Group Inc	JP Morgan	(3,772)
(12,114)	Nucor Corp	JP Morgan	(212,237)
(30,133)	Occidental Petroleum Corp	JP Morgan	(37,915)
(26,933)	PACCAR Inc	JP Morgan	66,524
(3,962)	Roku Inc	JP Morgan	(72,269)
(1,505)	Roper Technologies Inc	JP Morgan	(2,814)
(19,609)	Snap Inc	JP Morgan	(30,154)

保有高	銘柄	取引相手	未実現評価益/(損) (米ドル)
	米国(続き)
(327,211)	Walgreens Boots Alliance Inc	JP Morgan	1,341,565
			1,212,110
合計			2,585,426

添付の注記は、これらの財務書類の不可分の一部である。
買建スワップション 2022年2月28日現在

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)
USD 6,765,000	ファンドは、プット・オプションを購入してクレジット・デフォルト・スワップを締結している。行使された場合、ファンドはCDX.NA.HY.37.V1の変動金利を20/12/2021より四半期毎に受け取り、5%の固定金利を支払う。	Bank of America	16/3/2022	(17,626)	12,817
JPY 3,691,125,900	ファンドは、プット・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1日JPY TONAの変動金利を10/8/2023より毎年受け取り、0.42%の固定金利を10/8/2023より毎年支払う。	BNP Paribas	8/8/2022	(70,171)	51,855
JPY 7,382,251,800	ファンドは、プット・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1日JPY TONAの変動金利を10/8/2023より毎年受け取り、0.42%の固定金利を10/8/2023より毎年支払う。	BNP Paribas	8/8/2022	(116,885)	103,710
USD 74,835,180	ファンドは、コール・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1.52%の固定金利を7/1/2023より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を7/10/2022より四半期毎に支払う。	Citibank	5/7/2022	(1,101,100)	879,415
USD 9,415,000	ファンドは、プット・オプションを購入してクレジット・デフォルト・スワップを締結している。行使された場合、ファンドはCDX.NA.HY.37.V1の変動金利を20/12/2021より四半期毎に受け取り、5%の固定金利を支払う。	Credit Suisse	16/3/2022	(42,084)	31,070
USD 10,190,000	ファンドは、プット・オプションを購入してクレジット・デフォルト・スワップを締結している。行使された場合、ファンドはCDX.NA.HY.37.V1の変動金利を20/12/2021より四半期毎に受け取り、5%の固定金利を支払う。	Credit Suisse	16/3/2022	(29,505)	19,305
USD 15,802,990	ファンドは、コール・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1.55%の固定金利を8/1/2023より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を8/10/2022より四半期毎に支払う。	Deutsche Bank	6/7/2022	(225,787)	205,513
USD 15,802,990	ファンドは、コール・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1.55%の固定金利を8/1/2023より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を8/10/2022より四半期毎に支払う。	Deutsche Bank	6/7/2022	(220,164)	205,512
USD 33,138,000	ファンドは、コール・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1.6%の固定金利を22/10/2022より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を22/7/2022より四半期毎に支払う。	Goldman Sachs	20/4/2022	(852,465)	174,201

買建スワップション 2022年2月28日現在(続き)

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)
USD 33,138,471	ファンドは、コール・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1.6%の固定金利を22/10/2022より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を22/7/2022より四半期毎に支払う。	Goldman Sachs	20/4/2022	(849,216)	174,203
USD 10,675,000	ファンドは、プット・オプションを購入してクレジット・デフォルト・スワップを締結している。行使された場合、ファンドはCDX.NA.HY.37.V1の変動金利を20/12/2021より四半期毎に受け取り、5%の固定金利を支払う。	JP Morgan	16/3/2022	(36,738)	12,260
USD 153,659,727	ファンドは、プット・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1日USD SOFRの変動金利を8/3/2023より毎年受け取り、1.64%の固定金利を8/9/2022より半年毎に支払う。	Morgan Stanley	4/3/2022	39,458	1,149,536
USD 139,920,622	ファンドは、コール・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1.5%の固定金利を20/10/2022より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を20/7/2022より四半期毎に支払う。	Morgan Stanley	14/4/2022	(2,289,273)	351,030
USD 70,259,767	ファンドは、コール・オプションを購入して金利スワップを締結している。行使された場合、ファンドは1.3%の固定金利を25/10/2022より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を25/7/2022より四半期毎に支払う。	Morgan Stanley	21/4/2022	(803,371)	34,593
合計				(6,614,927)	3,405,020

添付の注記は、これらの財務書類の不可分の一部である。
売建スワップション 2022年2月28日現在

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)
USD (143,570,000)	ファンドは、プット・オプションを売却して金利スワップを締結している。行使された場合、ファンドは3.04%の固定金利を17/12/2026より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を17/9/2026より四半期毎に支払う。	Barclays	15/6/2026	38,715	(2,366,082)
USD (143,570,605)	ファンドは、プット・オプションを売却して金利スワップを締結している。行使された場合、ファンドは3.04%の固定金利を17/12/2026より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を17/9/2026より四半期毎に支払う。	Barclays	15/6/2026	35,126	(2,366,092)
USD (409,418,508)	ファンドは、プット・オプションを売却して金利スワップを締結している。行使された場合、ファンドは1.13%の固定金利を7/9/2022より半年毎に受け取り、1日USD SOFRの変動金利を7/3/2023より毎年支払う。	Citibank	3/3/2022	(1,989,352)	(2,398,771)
USD (204,709,254)	ファンドは、プット・オプションを売却して金利スワップを締結している。行使された場合、ファンドは1.56%の固定金利を7/9/2022より半年毎に受け取り、1日USD SOFRの変動金利を7/3/2023より毎年支払う。	Citibank	3/3/2022	(217,067)	(582,619)
USD (9,415,000)	ファンドは、プット・オプションを売却してクレジット・デフォルト・スワップを締結している。行使された場合、ファンドは5%の固定金利を受け取り、CDX. NA. HY. 37.V1の変動金利を20/12/2021より四半期毎に支払う。	Credit Suisse	16/3/2022	11,299	(2,824)
USD (820,545,436)	ファンドは、プット・オプションを売却して金利スワップを締結している。行使された場合、ファンドは1.08%の固定金利を18/9/2022より半年毎に受け取り、1日USD SOFRの変動金利を18/3/2023より毎年支払う。	Goldman Sachs	16/3/2022	(5,009,807)	(5,863,175)
USD (614,638,908)	ファンドは、プット・オプションを売却して金利スワップを締結している。行使された場合、ファンドは1.13%の固定金利を8/9/2022より半年毎に受け取り、1日USD SOFRの変動金利を8/3/2023より毎年支払う。	Morgan Stanley	4/3/2022	(3,041,646)	(3,630,740)
USD (153,659,727)	ファンドは、プット・オプションを売却して金利スワップを締結している。行使された場合、ファンドは1.84%の固定金利を8/9/2022より半年毎に受け取り、1日USD SOFRの変動金利を8/3/2023より毎年支払う。	Morgan Stanley	4/3/2022	392,343	(66,445)
USD (132,394,401)	ファンドは、プット・オプションを売却して金利スワップを締結している。行使された場合、ファンドは3.04%の固定金利を2/1/2027より半年毎に受け取り、3ヶ月USD BBA SOFRの変動金利を2/10/2026より四半期毎に支払う。	Morgan Stanley	30/6/2026	(407,044)	(2,194,368)
合計				(10,187,433)	(19,471,116)

SPACに対するPIPEコミットメント 2022年2月28日現在

保有高	銘柄	コミットメント額 (米ドル)	未実現評価益/(損) (米ドル)
	米国
307,900	Symbotic	3,079,000	-
合計		3,079,000	-

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
USD	5,000,000	Enel Finance America LLC 18/7/2022 (Zero Coupon)	4,981,350	0.28
USD	4,000,000	Enel Finance America LLC 9/8/2022 (Zero Coupon)	3,981,520	0.23
USD	5,000,000	Enel Finance America LLC 20/9/2022 (Zero Coupon)	4,966,823	0.28
USD	8,000,000	Eni Finance International SA 13/4/2022 (Zero Coupon)	7,996,574	0.45
USD	7,000,000	General Motors Financial Co 29/4/2022 (Zero Coupon)	6,992,564	0.39
USD	3,000,000	General Motors Financial Co 16/6/2022 (Zero Coupon)	2,992,674	0.17
コマーシャル・ペーパー合計			31,911,505	1.80
債券
		オーストラリア
USD	750,000	APT Pipelines Ltd 4.25% 15/7/2027	794,767	0.04
USD	91,000	GAIF Bond Issuer Pty Ltd 3.4% 30/9/2026	94,237	0.01
USD	700,000	Mirvac Group Finance Ltd 3.625% 18/3/2027	724,643	0.04
USD	260,000	Santos Finance Ltd 4.125% 14/9/2027	265,850	0.01
AUD	613,647	TORRENS Series 2013-1 Trust ‘Series 2013-1 A’ FRN 12/4/2044	444,371	0.03
USD	8,450,000	Westpac Banking Corp ‘144A’ 3.15% 16/1/2024	8,652,822	0.49
			10,976,690	0.62
		オーストリア
USD	200,000	BRF GmbH 4.35% 29/9/2026	197,427	0.01
USD	235,000	Klabin Austria GmbH ‘144A’ 3.2% 12/1/2031	201,983	0.01
USD	200,000	Suzano Austria GmbH 3.125% 15/1/2032	176,750	0.01
			576,160	0.03
		バーレーン
USD	326,000	Bahrain Government International Bond 7% 26/1/2026	349,878	0.02
USD	200,000	Bahrain Government International Bond 7.375% 14/5/2030	212,265	0.01
			562,143	0.03
		ベルギー
EUR	1,400,000	KBC Group NV FRN 3/12/2029	1,515,158	0.08
EUR	900,000	KBC Group NV 1.125% 25/1/2024	1,025,532	0.06
			2,540,690	0.14
		バミューダ諸島
USD	200,000	Geopark Ltd ‘144A’5.5% 17/1/2027	188,739	0.01
USD	5,400,000	IHS Markit Ltd (Restricted) 4.125% 1/8/2023	5,462,571	0.31
USD	240,000	Li & Fung Ltd 4.5% 18/8/2025	239,187	0.01
			5,890,497	0.33

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ブラジル
USD	5,000,000	Banco Bradesco SA/Cayman Islands ‘144A’2.85% 27/1/2023	5,059,375	0.29
USD	240,000	Banco do Brasil SA/Cayman 4.75% 20/3/2024	247,586	0.01
USD	937,000	Brazilian Government International Bond 3.875% 12/6/2030	870,236	0.05
USD	510,000	Brazilian Government International Bond 4.625% 13/1/2028	517,765	0.03
USD	209,000	Brazilian Government International Bond 6% 7/4/2026	229,720	0.01
USD	250,000	Itau Unibanco Holding SA/Cayman Island ‘144A’3.25% 24/1/2025	248,858	0.01
			7,173,540	0.40
		英領バージン諸島
USD	200,000	Champion Path Holdings Ltd 4.5% 27/1/2026	175,000	0.01
USD	200,000	Champion Path Holdings Ltd 4.85% 27/1/2028	163,121	0.01
USD	285,000	Fortune Star BVI Ltd 5% 18/5/2026	263,440	0.01
USD	222,000	Fortune Star BVI Ltd 5.95% 19/10/2025	215,229	0.01
USD	330,000	Gold Fields Orogen Holdings BVI Ltd ‘144A’5.125% 15/5/2024	340,737	0.02
USD	500,000	Huarong Finance 2017 Co Ltd 4.25% 7/11/2027	466,250	0.03
USD	700,000	Hysan MTN Ltd 2.875% 2/6/2027	706,466	0.04
USD	200,000	New Metro Global Ltd 4.5% 2/5/2026	111,802	0.01
USD	660,000	Ocean Laurel Co Ltd 2.375% 20/10/2025	625,122	0.03
USD	200,000	RKPF Overseas 2020 A Ltd 5.2% 12/1/2026	161,500	0.01
USD	240,000	SF Holding Investment 2021 Ltd 2.375% 17/11/2026	234,450	0.01
USD	500,000	Sinochem Offshore Capital Co Ltd 2.25% 24/11/2026	480,822	0.03
USD	280,000	Sino-Ocean Land Treasure Finance II Ltd 5.95% 4/2/2027	249,900	0.01
USD	300,000	Sino-Ocean Land Treasure IV Ltd 3.25% 5/5/2026	247,350	0.01
USD	550,000	Sinopec Group Overseas Development 2017 Ltd 3.625% 12/4/2027	574,986	0.03
USD	470,000	Vigorous Champion International Ltd 2.75% 2/6/2025	459,926	0.03
USD	200,000	Wanda Properties Overseas Ltd 6.875% 23/7/2023	188,600	0.01
USD	300,000	Yunda Holding Investment Ltd 2.25% 19/8/2025	285,039	0.02
			5,949,740	0.33
		カナダ
USD	305,000	1011778 BC ULC / New Red Finance Inc ‘144A’4.375% 15/1/2028	297,238	0.02
USD	248,000	Air Canada ‘144A’3.875% 15/8/2026	241,538	0.01
USD	87,000	Akumin Inc ‘144A’7% 1/11/2025	75,426	0.00
USD	124,000	Bausch Health Cos Inc ‘144A’ 6.125% 1/2/2027	125,120	0.01
USD	377,000	Bausch Health Cos Inc ‘144A’ 9% 15/12/2025	389,701	0.02
USD	1,005,000	Canadian Pacific Railway Co 1.75% 2/12/2026	969,787	0.05
USD	5,030,000	CPPIB Capital Inc ‘144A’0.5% 16/9/2024	4,871,028	0.27
USD	620,000	Enbridge Inc 2.5% 15/1/2025	620,543	0.04
USD	1,885,000	Enbridge Inc 2.5% 14/2/2025	1,885,341	0.11
USD	138,000	Garda World Security Corp ‘144A’4.625% 15/2/2027	133,486	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		カナダ(続き)
USD	158,000	GFL Environmental Inc ‘144A’ 3.5% 1/9/2028	149,455	0.01
USD	259,000	GFL Environmental Inc ‘144A’ 4% 1/8/2028	239,685	0.01
USD	201,000	GFL Environmental Inc ‘144A’ 5.125% 15/12/2026	204,511	0.01
USD	143,000	New Gold Inc ‘144A’7.5% 15/7/2027	148,559	0.01
USD	76,000	NOVA Chemicals Corp ‘144A’ 4.875% 1/6/2024	76,855	0.00
USD	3,975,000	OMERS Finance Trust ‘144A’ 1.1% 26/3/2026	3,808,503	0.21
USD	166,000	Open Text Corp ‘144A’3.875% 15/2/2028	158,895	0.01
USD	86,000	Parkland Corp ‘144A’5.875% 15/7/2027	86,768	0.01
EUR	730,000	Toronto-Dominion Bank/The 0.375% 25/4/2024	816,852	0.05
USD	210,000	Videotron Ltd ‘144A’5.125% 15/4/2027	213,407	0.01
			15,512,698	0.87
		ケイマン諸島
USD	230,000	AAC Technologies Holdings Inc 2.625% 2/6/2026	216,845	0.01
USD	200,000	Agile Group Holdings Ltd 5.75% 2/1/2025	79,000	0.00
USD	650,000	Allegro CLO II-S Ltd ‘Series 2014-1RA B’ ‘144A’ FRN 21/10/2028	649,506	0.04
USD	550,000	Allegro CLO XI Ltd ‘Series 2019-2A A2A’ ‘144A’ FRN 19/1/2033	546,486	0.03
USD	385,000	Arabian Centres Sukuk II Ltd ‘144A’5.625% 7/10/2026	378,263	0.02
USD	1,450,000	ASSURANT CLO Ltd ‘Series 2018-2A A’ ‘144A’ FRN 20/4/2031	1,440,791	0.08
USD	2,780,000	Baidu Inc 2.875% 6/7/2022	2,790,064	0.16
USD	600,000	Baidu Inc 3.625% 6/7/2027	618,270	0.04
USD	3,500,000	Bean Creek CLO Ltd ‘Series 2015-1A AR’ ‘144A’ FRN 20/4/2031	3,477,324	0.20
USD	520,000	Benefit Street Partners CLO V-B Ltd ‘Series 2018-5BA A1A’ ‘144A’ FRN 20/4/2031	517,268	0.03
USD	1,050,000	Benefit Street Partners Clo XXII Ltd ‘Series 2020-22A B’ ‘144A’ FRN 20/1/2032	1,047,121	0.06
USD	500,000	Canyon CLO 2018-1 Ltd ‘Series 2018-1A A’ ‘144A’ FRN 15/7/2031	497,249	0.03
USD	1,750,000	Carbone Clo Ltd ‘Series 2017-1A A1’ ‘144A’ FRN 20/1/2031	1,739,500	0.10
USD	2,333,392	Carlyle Global Market Strategies CLO 2014-5 Ltd ‘Series 2014-5A A1RR’ ‘144A’ FRN 15/7/2031	2,325,636	0.13
USD	1,250,000	CARLYLE US CLO 2018-4 Ltd ‘Series 2018-4A B’ ‘144A’ FRN 20/1/2031	1,237,587	0.07
USD	740,000	CDBL Funding 1 3.5% 24/10/2027*	751,226	0.04
USD	350,000	China Mengniu Dairy Co Ltd 1.875% 17/6/2025	340,398	0.02
USD	200,000	China Overseas Grand Oceans Finance IV Cayman Ltd 2.45% 9/2/2026	190,163	0.01
USD	200,000	China SCE Group Holdings Ltd 7% 2/5/2025	123,500	0.01
USD	2,000,000	CIFC Funding 2014-V Ltd ‘Series 2014-5A A1R2’ ‘144A’ FRN 17/10/2031	1,995,513	0.11
USD	1,000,000	CIFC Funding 2017-V Ltd ‘Series 2017-5A A1’ ‘144A’ FRN 16/11/2030	998,196	0.06
USD	1,096,000	CIFC Funding 2018-I Ltd ‘Series 2018-1A A’ ‘144A’ FRN 18/4/2031	1,090,246	0.06

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ケイマン諸島(続き)
USD	250,000	CIFC Funding 2018-V Ltd ‘Series 2018-5A A1’ ‘144A’ FRN 15/1/2032	248,633	0.01
USD	7,000,000	CIFC Funding 2019-I Ltd ‘Series 2019-1A AR’ ‘144A’ FRN 20/4/2032	6,963,565	0.39
USD	200,000	CIFI Holdings Group Co Ltd 6% 16/7/2025	157,500	0.01
USD	1,000,000	Clear Creek CLO ‘Series 2015-1A AR’ ‘144A’ FRN 20/10/2030	995,388	0.06
USD	498,000	Country Garden Holdings Co Ltd 5.625% 15/12/2026	380,970	0.02
USD	200,000	Country Garden Holdings Co Ltd 7.25% 8/4/2026	158,500	0.01
USD	6,255,000	Deer Creek Clo Ltd 2017-1 ‘Series 2017-1A A’ ‘144A’ FRN 20/10/2030	6,222,255	0.35
USD	225,000	Doha Finance Ltd 2.375% 31/3/2026	219,656	0.01
USD	222,000	Fantasia Holdings Group Co Ltd 10.875% 9/1/2023	50,505	0.00
USD	200,000	Fantasia Holdings Group Co Ltd 11.875% 1/6/2023	45,500	0.00
USD	2,150,000	Galaxy XXII CLO Ltd ‘Series 2016-22A ARR’ ‘144A’ FRN 16/4/2034	2,152,150	0.12
USD	2,500,000	Goldentree Loan Management US Clo 3 Ltd ‘Series 2018-3A AJ’ ‘144A’ FRN 20/4/2030	2,481,267	0.14
USD	500,000	Goldentree Loan Management US CLO 5 Ltd ‘Series 2019-5A AR’ ‘144A’ FRN 20/10/2032	497,036	0.03
USD	1,000,000	Goldentree Loan Opportunities XI Ltd ‘Series 2015-11A AR2’ ‘144A’ FRN 18/1/2031	993,699	0.06
USD	128,000	Hawaiian Brand Intellectual Property Ltd / HawaiianMiles Loyalty Ltd ‘144A’5.75% 20/1/2026	130,173	0.01
USD	1,400,402	ICG US CLO 2015-1 Ltd ‘Series 2015-1A A1R’ ‘144A’ FRN 19/10/2028	1,391,339	0.08
USD	200,000	KWG Group Holdings Ltd 5.875% 10/11/2024	83,000	0.00
USD	400,000	LCM Loan Income Fund I Income Note Issuer Ltd ‘144A’ FRN 16/7/2031	397,830	0.02
USD	222,000	Logan Group Co Ltd 4.5% 13/1/2028	65,490	0.00
USD	200,000	Logan Group Co Ltd 5.75% 14/1/2025	63,000	0.00
USD	200,000	Longfor Group Holdings Ltd 3.375% 13/4/2027	188,545	0.01
USD	650,000	Longfor Group Holdings Ltd 3.9% 16/4/2023*	653,250	0.04
USD	236,000	MAF Sukuk Ltd 3.933% 28/2/2030	243,611	0.01
USD	450,000	MAF Sukuk Ltd 4.638% 14/5/2029	482,376	0.03
USD	250,000	Marble Point CLO XXII Ltd ‘Series 2021-2A B’ ‘144A’ FRN 25/7/2034	249,940	0.01
USD	200,000	MGM China Holdings Ltd 5.25% 18/6/2025	189,927	0.01
USD	250,000	Milos CLO Ltd ‘Series 2017-1A AR’ ‘144A’ FRN 20/10/2030	247,820	0.01
USD	500,000	Neuberger Berman Loan Advisers CLO 25 Ltd ‘Series 2017-25A BR’ ‘144A’ FRN 18/10/2029	497,890	0.03
USD	4,870,000	Neuberger Berman Loan Advisers CLO 26 Ltd ‘Series 2017-26A AR’ ‘144A’ FRN 18/10/2030	4,838,452	0.27
USD	500,000	Neuberger Berman Loan Advisers CLO 29 Ltd ‘Series 2018-29A A1’ ‘144A’ FRN 19/10/2031	498,375	0.03
USD	300,000	Neuberger Berman Loan Advisers CLO 29 Ltd ‘Series 2018-29A B1’ ‘144A’ FRN 19/10/2031	299,999	0.02
USD	850,000	Neuberger Berman Loan Advisers CLO 33 Ltd ‘Series 2019-33A AR’ ‘144A’ FRN 16/10/2033	844,908	0.05

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ケイマン諸島(続き)
USD	750,000	Neuberger Berman Loan Advisers CLO 34 Ltd ‘Series 2019-34A BR’ ‘144A’ FRN 20/1/2035	750,000	0.04
USD	8,600,000	Peace Park CLO Ltd ‘Series 2021-1A A’ ‘144A’ FRN 20/10/2034	8,574,682	0.48
USD	3,920,000	Pikes Peak CLO 1 ‘Series 2018-1A A’ ‘144A’ FRN 24/7/2031	3,884,567	0.22
USD	200,000	Powerlong Real Estate Holdings Ltd 6.25% 10/8/2024	108,000	0.01
USD	200,000	Redsun Properties Group Ltd 10.5% 3/10/2022	81,900	0.00
USD	4,690,000	Regatta VIII Funding Ltd ‘Series 2017-1A A’ ‘144A’ FRN 17/10/2030	4,664,496	0.26
USD	1,000,000	Regatta VIII Funding Ltd ‘Series 2017-1A B’ ‘144A’ FRN 17/10/2030	992,500	0.06
USD	250,000	Regatta X Funding Ltd ‘Series 2017-3A B’ ‘144A’ FRN 17/1/2031	248,241	0.01
USD	1,750,000	Regatta XVI Funding Ltd ‘Series 2019-2A B’ ‘144A’ FRN 15/1/2033	1,749,813	0.10
USD	275,000	Rockford Tower CLO 2017-3 Ltd ‘Series 2017-3A A’ ‘144A’ FRN 20/10/2030	274,246	0.02
USD	350,000	Ronshine China Holdings Ltd 7.35% 15/12/2023	85,750	0.01
USD	525,000	RR 19 Ltd ‘Series 2021-19A A1’ ‘144A’ FRN 15/10/2035	522,125	0.03
USD	2,500,000	RR 3 Ltd ‘Series 2018-3A A1R2’ ‘144A’ FRN 15/1/2030	2,485,783	0.14
USD	710,000	Samba Funding Ltd 2.9% 29/1/2027	713,942	0.04
USD	260,000	Sands China Ltd 3.8% 8/1/2026*	246,589	0.01
USD	480,000	Sharjah Sukuk Program Ltd 2.942% 10/6/2027	475,200	0.03
USD	200,000	Shimao Group Holdings Ltd 3.45% 11/1/2031	53,000	0.00
USD	280,000	Shimao Group Holdings Ltd 5.6% 15/7/2026	84,000	0.00
USD	200,000	Sunac China Holdings Ltd 6.5% 10/1/2025	78,000	0.00
USD	1,000,000	Symphony CLO XXIII Ltd ‘Series 2020-23A BR’ ‘144A’ FRN 15/1/2034	997,555	0.06
USD	550,000	Tencent Holdings Ltd 3.595% 19/1/2028	561,723	0.03
USD	269,000	Times China Holdings Ltd 6.2% 22/3/2026	98,185	0.01
USD	600,000	Weibo Corp 3.5% 5/7/2024	606,234	0.03
USD	200,000	Wynn Macau Ltd 4.875% 1/10/2024	185,561	0.01
USD	482,000	XP Inc ‘144A’3.25% 1/7/2026	449,267	0.03
USD	200,000	Zhenro Properties Group Ltd 7.875% 14/4/2024	25,000	0.00
			84,979,060	4.78
		チリ
USD	274,000	Chile Government International Bond 2.45% 31/1/2031	256,515	0.02
USD	415,000	Chile Government International Bond 2.55% 27/7/2033	375,990	0.02
USD	280,000	Chile Government International Bond 3.1% 7/5/2041	245,210	0.01
USD	200,000	Chile Government International Bond 3.5% 31/1/2034	196,800	0.01
USD	235,000	Colbun SA ‘144A’3.15% 19/1/2032	217,168	0.01
USD	348,548	GNL Quintero SA 4.634% 31/7/2029	353,680	0.02
USD	310,000	Inversiones CMPC SA ‘144A’ 3.85% 13/1/2030	305,962	0.02
USD	341,000	Sociedad Quimica y Minera de Chile SA ‘144A’3.5% 10/9/2051	289,891	0.02

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		チリ(続き)
USD	215,000	VTR Comunicaciones SpA ‘144A’4.375% 15/4/2029	203,713	0.01
			2,444,929	0.14
		中国
USD	690,000	China Life Insurance Overseas Co Ltd/Hong Kong FRN 27/7/2027	690,721	0.04
USD	210,000	Guoren Property & Casualty Insurance Co Ltd 3.35% 1/6/2026	206,485	0.01
USD	600,000	Wens Foodstuffs Group Co Ltd 2.349% 29/10/2025	495,788	0.03
USD	330,000	ZhongAn Online P&C Insurance Co Ltd 3.5% 8/3/2026	308,137	0.02
			1,701,131	0.10
		コロンビア
USD	200,000	Colombia Government International Bond 3.25% 22/4/2032	166,200	0.01
USD	660,000	Colombia Government International Bond 3.875% 25/4/2027	632,397	0.04
USD	250,000	Colombia Government International Bond 4.5% 15/3/2029	239,903	0.01
USD	540,000	Colombia Government International Bond 8.125% 21/5/2024	596,512	0.03
USD	350,000	Ecopetrol SA 4.625% 2/11/2031	313,775	0.02
USD	540,000	Ecopetrol SA 5.375% 26/6/2026	553,473	0.03
USD	340,000	SURA Asset Management SA ‘144A’4.875% 17/4/2024	350,667	0.02
			2,852,927	0.16
		デンマーク
USD	3,160,000	Danske Bank A/S ‘144A’ FRN 10/9/2025	3,026,250	0.17
USD	3,065,000	Danske Bank A/S ‘144A’ FRN 11/9/2026*	2,918,294	0.16
			5,944,544	0.33
		ドミニカ共和国
USD	200,000	Aeropuertos Dominicanos Siglo XXI SA ‘144A’6.75% 30/3/2029	198,341	0.01
USD	298,000	Banco de Reservas de la Republica Dominicana 7% 1/2/2023	305,078	0.02
USD	615,000	Dominican Republic International Bond ‘144A’ 4.5% 30/1/2030	571,925	0.03
USD	420,000	Dominican Republic International Bond ‘144A’ 4.875% 23/9/2032	384,857	0.02
USD	245,000	Dominican Republic International Bond 5.3% 21/1/2041	211,864	0.01
USD	250,000	Dominican Republic International Bond ‘144A’ 5.5% 22/2/2029	249,230	0.01
USD	150,000	Dominican Republic International Bond ‘144A’6% 22/2/2033	147,881	0.01
USD	300,000	Dominican Republic International Bond 6.4% 5/6/2049*	284,250	0.02
			2,353,426	0.13
		エジプト
EUR	100,000	Egypt Government International Bond ‘144A’4.75% 11/4/2025	107,606	0.00
USD	395,000	Egypt Government International Bond 5.25% 6/10/2025	379,200	0.02
USD	310,000	Egypt Government International Bond ‘144A’5.577% 21/2/2023	313,875	0.02

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		エジプト(続き)
USD	200,000	Egypt Government International Bond 5.875% 11/6/2025	196,250	0.01
EUR	330,000	Egypt Government International Bond ‘144A’ 6.375% 11/4/2031	295,375	0.02
			1,292,306	0.07
		フィンランド
EUR	905,000	CRH Finland Services Oyj 0.875% 5/11/2023*	1,025,928	0.06
USD	3,600,000	Nordea Bank Abp ‘144A’1.5% 30/9/2026	3,407,119	0.19
			4,433,047	0.25
		フランス
USD	602,000	Altice France SA/France ‘144A’ 5.5% 15/1/2028	565,170	0.03
USD	659,000	Altice France SA/France ‘144A’ 8.125% 1/2/2027	695,848	0.04
EUR	200,000	Arkema SA 0.125% 14/10/2026	218,747	0.01
EUR	300,000	Banque Federative du Credit Mutuel SA 0.75% 8/6/2026	333,566	0.02
USD	925,000	BPCE SA ‘144A’ FRN 19/10/2027	881,575	0.05
EUR	500,000	BPCE SA 0.625% 28/4/2025	559,305	0.03
EUR	500,000	Capgemini SE 0.625% 23/6/2025	559,917	0.03
USD	250,000	Constellium SE ‘144A’5.625% 15/6/2028	252,072	0.01
USD	250,000	Constellium SE ‘144A’5.875% 15/2/2026	252,794	0.01
USD	4,210,000	Credit Agricole SA ‘144A’ FRN 26/1/2027	3,944,457	0.22
EUR	900,000	Engie SA 0.375% 28/2/2023	1,012,882	0.06
EUR	235,728	FCT Autonoria 2019 FRN 25/9/2035	263,213	0.02
EUR	236,082	FCT Autonoria 2019 FRN 25/9/2035	264,360	0.02
EUR	700,000	FCT Noria 2021 FRN 25/10/2049	780,885	0.04
EUR	500,000	FCT Noria 2021 FRN 25/10/2049	562,221	0.03
EUR	800,000	FCT Noria 2021 ‘Series 2021-1 B’ FRN 25/10/2049	896,450	0.05
EUR	300,000	FCT Pixel 2021 1.221% 25/2/2038	334,281	0.02
EUR	1,549,562	Harmony French Home Loans FCT 2020-2 FRN 27/8/2061	1,755,538	0.10
EUR	1,000,000	Harmony French Home Loans FCT 2020-2 FRN 27/8/2061	1,135,878	0.06
EUR	400,000	Harmony French Home Loans FCT 2021-1 FRN 27/5/2061	450,606	0.03
USD	362,000	Iliad Holding SASU ‘144A’6.5% 15/10/2026	362,492	0.02
EUR	800,000	Pernod Ricard SA 24/10/2023 (Zero Coupon)	896,715	0.05
EUR	400,000	PSA Banque France SA 22/1/2025 (Zero Coupon)	439,356	0.03
EUR	2,120,000	RCI Banque SA 0.75% 10/4/2023	2,388,074	0.13
EUR	600,000	Schneider Electric SE 0.25% 9/9/2024	672,881	0.04
USD	2,365,000	Societe Generale SA ‘144A’ FRN 21/1/2026	2,299,958	0.13
EUR	2,200,000	Societe Generale SA FRN 23/2/2028	2,475,123	0.14
EUR	1,200,000	Veolia Environnement SA 0.672% 30/3/2022	1,347,215	0.08
			26,601,579	1.50
		ドイツ
EUR	535,000	Amphenol Technologies Holding GmbH 0.75% 4/5/2026	596,040	0.03
EUR	600,000	BASF SE 0.101% 5/6/2023	673,838	0.04
EUR	1,105,000	BASF SE 2% 5/12/2022*	1,261,160	0.07
EUR	600,000	Bayer AG 0.05% 12/1/2025	660,045	0.04
EUR	200,000	Commerzbank AG FRN 24/3/2026	221,903	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ドイツ(続き)
EUR	290,000	Covestro AG 0.875% 3/2/2026	327,402	0.02
EUR	600,000	Deutsche Bank AG FRN 19/11/2025	666,573	0.04
EUR	800,000	Deutsche Bank AG FRN 23/2/2028	895,373	0.05
USD	1,310,000	Deutsche Bank AG/New York NY FRN 1/4/2025	1,274,813	0.07
USD	3,385,000	Deutsche Bank AG/New York NY FRN 7/1/2028	3,236,410	0.18
EUR	1,315,000	E.ON SE 24/10/2022 (Zero Coupon)	1,477,489	0.08
EUR	300,000	KION Group AG 1.625% 24/9/2025	341,298	0.02
EUR	300,000	Red & Black Auto Germany 8 UG 0.193% 15/9/2030	335,955	0.02
EUR	400,000	Red & Black Auto Germany 8 UG 0.393% 15/9/2030	445,212	0.03
EUR	1,100,000	Volkswagen Bank GmbH 1.875% 31/1/2024	1,268,818	0.07
EUR	600,000	Volkswagen Bank GmbH 2.5% 31/7/2026	709,878	0.04
EUR	520,000	Volkswagen Financial Services AG 0.875% 31/1/2028	564,431	0.03
EUR	330,000	Volkswagen Leasing GmbH 0.375% 20/7/2026	358,036	0.02
EUR	2,455,000	Volkswagen Leasing GmbH 1% 16/2/2023	2,778,853	0.16
EUR	700,000	Vonovia SE 16/9/2024 (Zero Coupon)	771,258	0.04
EUR	700,000	ZF Finance GmbH 3% 21/9/2025	778,243	0.05
			19,643,028	1.11
		グアテマラ
USD	243,000	Guatemala Government Bond 3.7% 7/10/2033	220,371	0.01
USD	200,000	Guatemala Government Bond ‘144A’5.375% 24/4/2032	206,568	0.01
			426,939	0.02
		香港
USD	444,000	Chong Hing Bank Ltd FRN 26/7/2027	445,671	0.03
USD	700,000	CITIC Ltd 3.875% 28/2/2027*	728,894	0.04
USD	300,000	CMB International Leasing Management Ltd 1.25% 16/9/2024	289,738	0.02
USD	440,000	CMB International Leasing Management Ltd 1.875% 12/8/2025	425,003	0.02
USD	315,000	GLP China Holdings Ltd 2.95% 29/3/2026	303,343	0.02
USD	260,000	GLP China Holdings Ltd 4.974% 26/2/2024	267,352	0.01
USD	200,000	Yanlord Land HK Co Ltd 6.8% 27/2/2024	191,500	0.01
			2,651,501	0.15
		インド
USD	200,000	Adani Electricity Mumbai Ltd ‘144A’3.949% 12/2/2030	185,185	0.01
USD	470,000	Adani Transmission Ltd 4% 3/8/2026	475,709	0.03
USD	481,000	Bharti Airtel Ltd 4.375% 10/6/2025	498,956	0.03
USD	200,000	GMR Hyderabad International Airport Ltd 5.375% 10/4/2024	202,888	0.01
USD	468,000	Hindustan Petroleum Corp Ltd 4% 12/7/2027	477,803	0.03
USD	650,000	ICICI Bank Ltd/Dubai 3.8% 14/12/2027	669,032	0.04
USD	200,000	ICICI Bank Ltd/Dubai 4% 18/3/2026	207,415	0.01
USD	200,000	JSW Steel Ltd 5.375% 4/4/2025	203,500	0.01
USD	200,000	Manappuram Finance Ltd 5.9% 13/1/2023	201,900	0.01
USD	200,000	Muthoot Finance Ltd 4.4% 2/9/2023	201,650	0.01
USD	290,000	Muthoot Finance Ltd ‘144A’ 6.125% 31/10/2022*	294,354	0.02

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		インド(続き)
USD	465,000	Power Finance Corp Ltd 3.75% 18/6/2024	473,541	0.03
USD	718,000	REC Ltd 3.875% 7/7/2027	722,294	0.04
USD	200,000	ReNew Power Synthetic 6.67% 12/3/2024	205,306	0.01
USD	200,000	Shriram Transport Finance Co Ltd 5.1% 16/7/2023	201,650	0.01
USD	200,000	Shriram Transport Finance Co Ltd 5.95% 24/10/2022	201,900	0.01
			5,423,083	0.31
		インドネシア
USD	200,000	Bank Negara Indonesia Persero Tbk PT 3.75% 30/3/2026	195,000	0.01
USD	420,000	Indonesia Government International Bond 3.5% 11/1/2028	434,737	0.02
USD	310,000	Indonesia Government International Bond 4.1% 24/4/2028	331,743	0.02
USD	200,000	Indonesia Government International Bond 4.75% 11/2/2029	222,797	0.01
USD	700,000	Pertamina Persero PT 1.4% 9/2/2026	652,750	0.04
USD	500,000	Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 4.125% 15/5/2027	512,037	0.03
			2,349,064	0.13
		アイルランド
EUR	610,000	Abbott Ireland Financing DAC 0.875% 27/9/2023	693,094	0.04
USD	2,200,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust 2.45% 29/10/2026	2,109,263	0.12
USD	1,700,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust 2.875% 14/8/2024	1,706,462	0.10
USD	2,160,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust 3.3% 23/1/2023	2,189,033	0.12
USD	4,300,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust 3.5% 26/5/2022	4,318,593	0.24
USD	325,000	AerCap Ireland Capital DAC / AerCap Global Aviation Trust 4.625% 1/7/2022	328,694	0.02
GBP	899,680	Agora Securities UK 2021 DAC FRN 17/8/2031	1,206,092	0.07
USD	424,000	Ardagh Packaging Finance Plc / Ardagh Holdings USA Inc ‘144A’4.125% 15/8/2026	409,756	0.02
GBP	969,669	Atom Mortgage Securities DAC 1.997% 22/7/2031	1,281,827	0.07
GBP	1,199,200	Atom Mortgage Securities DAC 2.897% 22/7/2031	1,572,302	0.09
EUR	525,000	ESB Finance DAC 3.494% 12/1/2024	625,518	0.04
EUR	561,000	Fresenius Finance Ireland Plc 1/10/2025 (Zero Coupon)*	611,160	0.04
GBP	738,000	Frost CMBS 2021-1 DAC 1.536% 22/11/2026	986,398	0.06
EUR	691,800	Haus European Loan Conduit No 39 DAC FRN 28/7/2051	773,278	0.04
EUR	636,816	Haus European Loan Conduit No 39 DAC FRN 28/7/2051	713,121	0.04
EUR	1,050,696	Haus European Loan Conduit No 39 DAC FRN 28/7/2051	1,176,839	0.07
EUR	796,770	Haus European Loan Conduit No 39 DAC FRN 28/7/2051	891,075	0.05
USD	200,000	Jazz Securities DAC ‘144A’ 4.375% 15/1/2029	198,500	0.01
EUR	918,882	Last Mile Logistics Pan Euro Finance DAC FRN 17/8/2033	1,029,248	0.06
EUR	324,546	Last Mile Logistics Pan Euro Finance DAC FRN 17/8/2033	363,545	0.02

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		アイルランド(続き)
EUR	1,001,508	Last Mile Logistics Pan Euro Finance DAC FRN 17/8/2033	1,128,896	0.06
EUR	678,857	Last Mile Securities PE 2021 DAC FRN 17/8/2031	760,051	0.04
EUR	1,316,723	Last Mile Securities PE 2021 DAC FRN 17/8/2031	1,478,568	0.08
EUR	918,807	Last Mile Securities PE 2021 DAC FRN 17/8/2031	1,029,138	0.06
EUR	1,000,790	Last Mile Securities PE 2021 DAC ‘Series 2021-1X A1’ FRN 17/8/2031	1,122,032	0.06
USD	264,000	LCPR Senior Secured Financing DAC ‘144A’6.75% 15/10/2027	271,999	0.02
USD	443,000	Lukoil Capital DAC ‘144A’2.8% 26/4/2027	177,200	0.01
USD	460,000	Metalloinvest Finance DAC ‘144A’3.375% 22/10/2028	172,500	0.01
EUR	1,128,144	Pearl Finance 2020 DAC FRN 17/11/2032	1,271,583	0.07
EUR	2,001,394	Pearl Finance 2020 DAC FRN 17/11/2032	2,254,694	0.13
EUR	1,354,717	Pearl Finance 2020 DAC FRN 17/11/2032	1,531,112	0.09
USD	1,933,462	Prodigy Finance CM2021-1 DAC ‘Series 2021-1A A’ ‘144A’ FRN 25/7/2051	1,928,343	0.11
EUR	240,100	River Green Finance 2020 DAC FRN 22/1/2032	268,636	0.02
EUR	460,600	River Green Finance 2020 DAC FRN 22/1/2032	515,868	0.03
EUR	700,000	SCF Rahoituspalvelut IX DAC FRN 25/10/2030	786,327	0.04
USD	2,850,000	SMBC Aviation Capital Finance DAC ‘144A’1.9% 15/10/2026	2,719,536	0.15
USD	605,000	SMBC Aviation Capital Finance DAC ‘144A’2.3% 15/6/2028	566,406	0.03
GBP	1,330,230	Taurus 2021-1 UK DAC FRN 17/5/2031	1,785,131	0.10
GBP	321,638	Taurus 2021-1 UK DAC FRN 17/5/2031	430,582	0.02
GBP	262,075	Taurus 2021-1 UK DAC FRN 17/5/2031	352,031	0.02
GBP	719,081	Taurus 2021-4 UK DAC FRN 17/8/2031	957,324	0.05
GBP	296,533	Taurus 2021-4 UK DAC FRN 17/8/2031	392,728	0.02
USD	251,000	Virgin Media Vendor Financing Notes IV DAC ‘144A’5% 15/7/2028	239,352	0.01
			45,323,835	2.55
		イスラエル
USD	515,000	Bank Leumi Le-Israel BM ‘144A’ FRN 29/1/2031	493,595	0.03
USD	300,000	Energean Israel Finance Ltd ‘144A’4.5% 30/3/2024	293,625	0.02
USD	265,000	Israel Government International Bond 2.75% 3/7/2030	270,135	0.01
USD	364,706	Leviathan Bond Ltd ‘144A’ 5.75% 30/6/2023	367,805	0.02
			1,425,160	0.08
		イタリア
EUR	440,000	ACEA SpA 28/9/2025 (Zero Coupon)	482,156	0.03
EUR	910,000	ASTM SpA 1% 25/11/2026*	987,607	0.05
EUR	1,120,000	Autoflorence 2 Srl 0.139% 24/12/2044	1,263,132	0.07
EUR	608,000	Autoflorence 2 Srl 0.189% 24/12/2044	676,890	0.04
EUR	414,000	Autoflorence 2 Srl 0.589% 24/12/2044	459,305	0.02
EUR	222,000	Autoflorence 2 Srl 1.789% 24/12/2044	250,470	0.01
EUR	143,000	Brignole Co 2021 SRL FRN 24/7/2036	159,293	0.01
EUR	100,000	Brignole Co 2021 SRL FRN 24/7/2036	111,450	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		イタリア(続き)
EUR	270,000	FCA Bank SpA/Ireland 16/4/2024 (Zero Coupon)	299,375	0.02
EUR	180,000	FCA Bank SpA/Ireland 0.125% 16/11/2023	201,624	0.01
EUR	620,000	FCA Bank SpA/Ireland 0.5% 18/9/2023	698,768	0.04
EUR	459,711	Progetto Quinto SRL FRN 27/10/2036	516,387	0.03
EUR	599,000	Red & Black Auto Italy Srl 2.285% 28/12/2031	670,039	0.04
EUR	320,000	Snam SpA 15/8/2025 (Zero Coupon)	349,772	0.02
USD	310,000	Telecom Italia SpA/Milano ‘144A’5.303% 30/5/2024	317,673	0.02
USD	1,165,000	UniCredit SpA ‘144A’ FRN 22/9/2026	1,113,841	0.06
EUR	1,180,000	UniCredit SpA 6.95% 31/10/2022*	1,384,133	0.08
			9,941,915	0.56
		日本
EUR	621,000	Asahi Group Holdings Ltd 0.01% 19/4/2024*	690,346	0.04
EUR	290,000	Asahi Group Holdings Ltd 0.155% 23/10/2024	321,829	0.02
EUR	1,045,000	Mizuho Financial Group Inc 0.523% 10/6/2024	1,172,624	0.07
EUR	185,000	Nissan Motor Co Ltd 2.652% 17/3/2026	216,446	0.01
USD	2,671,000	Nissan Motor Co Ltd ‘144A’ 3.043% 15/9/2023	2,692,318	0.15
USD	2,697,000	Nissan Motor Co Ltd ‘144A’ 3.522% 17/9/2025	2,720,503	0.15
USD	1,320,000	Nissan Motor Co Ltd ‘144A’ 4.345% 17/9/2027	1,349,600	0.08
USD	270,000	Nissan Motor Co Ltd 4.345% 17/9/2027	276,055	0.02
USD	1,010,000	Sumitomo Mitsui Financial Group Inc 2.174% 14/1/2027	979,362	0.05
			10,419,083	0.59
		ジャージー
USD	2,455,000	Aptiv Plc / Aptiv Corp 2.396% 18/2/2025	2,447,383	0.14
USD	433,000	Galaxy Pipeline Assets Bidco Ltd 2.94% 30/9/2040	398,360	0.02
EUR	1,230,000	Heathrow Funding Ltd 1.5% 12/10/2025	1,400,574	0.08
			4,246,317	0.24
		リベリア
USD	251,000	Royal Caribbean Cruises Ltd ‘144A’5.5% 31/8/2026	248,490	0.01
USD	131,000	Royal Caribbean Cruises Ltd ‘144A’9.125% 15/6/2023	137,183	0.01
			385,673	0.02
		ルクセンブルグ
USD	565,000	Altice Financing SA ‘144A’ 5% 15/1/2028	513,819	0.03
EUR	460,000	Becton Dickinson Euro Finance Sarl 1.208% 4/6/2026	519,589	0.03
EUR	355,000	BL Consumer Credit 2021 FRN 25/9/2038	397,356	0.02
EUR	1,897,000	BL Consumer Credit 2021 FRN 25/9/2038	2,148,569	0.12
EUR	681,000	BL Consumer Credit 2021 FRN 25/9/2038	762,112	0.04
EUR	528,000	BL Consumer Credit 2021 FRN 25/9/2038	589,373	0.03
USD	310,000	Camelot Finance SA ‘144A’ 4.5% 1/11/2026	310,622	0.02
USD	210,000	EIG Pearl Holdings Sarl ‘144A’ 3.545% 31/8/2036	206,063	0.01
USD	565,000	EIG Pearl Holdings Sarl ‘144A’ 4.387% 30/11/2046	552,231	0.03
EUR	700,000	FACT Master SA FRN 20/7/2028	772,754	0.04
USD	160,000	Gol Finance SA ‘144A’ 7% 31/1/2025	144,594	0.01
USD	200,000	Herens Holdco Sarl ‘144A’ 4.75% 15/5/2028	187,334	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ルクセンブルグ(続き)
EUR	370,000	Highland Holdings Sarl 0.318% 15/12/2026	400,022	0.02
EUR	405,000	Holcim Finance Luxembourg SA 0.125% 19/7/2027	427,353	0.03
EUR	665,000	Medtronic Global Holdings SCA 2/12/2022 (Zero Coupon)	747,660	0.04
EUR	483,000	Medtronic Global Holdings SCA 15/10/2025 (Zero Coupon)	528,254	0.03
EUR	635,000	Medtronic Global Holdings SCA 0.375% 7/3/2023	715,246	0.04
USD	300,000	Millicom International Cellular SA ‘144A’ 4.5% 27/4/2031	279,664	0.02
USD	387,000	Millicom International Cellular SA ‘144A’ 5.125% 15/1/2028	379,172	0.02
USD	446,000	Nexa Resources SA ‘144A’ 5.375% 4/5/2027	447,569	0.03
USD	200,000	Puma International Financing SA 5.125% 6/10/2024	197,500	0.01
EUR	699,752	SC Germany SA Compartment Consumer 2020-1 FRN 14/11/2034	791,662	0.05
EUR	1,312,035	SC Germany SA Compartment Consumer 2020-1 FRN 14/11/2034	1,480,159	0.08
EUR	524,814	SC Germany SA Compartment Consumer 2020-1 FRN 14/11/2034	596,704	0.03
EUR	1,515,000	SIG Combibloc PurchaseCo Sarl 1.875% 18/6/2023*	1,711,545	0.10
EUR	270,000	SIG Combibloc PurchaseCo Sarl 2.125% 18/6/2025	305,226	0.02
EUR	605,000	Simon International Finance SCA 1.375% 18/11/2022	684,490	0.04
USD	200,000	Telenet Finance Luxembourg Notes Sarl ‘144A’ 5.5% 1/3/2028	200,000	0.01
EUR	500,000	Traton Finance Luxembourg SA 14/6/2024 (Zero Coupon)	554,588	0.03
EUR	500,000	Traton Finance Luxembourg SA 0.125% 10/11/2024	553,525	0.03
EUR	900,000	Traton Finance Luxembourg SA 0.125% 24/3/2025*	991,779	0.06
USD	200,000	Usiminas International Sarl ‘144A’ 5.875% 18/7/2026	204,982	0.01
			19,301,516	1.09
		モーリシャス
USD	200,000	CA Magnum Holdings ‘144A’ 5.375% 31/10/2026	201,650	0.01
USD	477,000	Greenko Mauritius Ltd 6.25% 21/2/2023	481,770	0.03
USD	243,375	India Cleantech Energy ‘144A’ 4.7% 10/8/2026	238,546	0.01
USD	250,000	India Green Energy Holdings ‘144A’ 5.375% 29/4/2024	252,188	0.02
			1,174,154	0.07
		メキシコ
USD	200,000	BBVA Bancomer SA/Texas FRN 18/1/2033	192,360	0.01
USD	150,000	Coca-Cola Femsa SAB de CV 1.85% 1/9/2032	130,480	0.01
USD	221,000	Comision Federal de Electricidad ‘144A’ 4.688% 15/5/2029	218,238	0.01
USD	200,000	Grupo KUO SAB De CV ‘144A’ 5.75% 7/7/2027	201,642	0.01
USD	200,000	Industrias Penoles SAB de CV ‘144A’ 4.75% 6/8/2050	188,626	0.01
USD	200,000	Kimberly-Clark de Mexico SAB de CV ‘144A’ 2.431% 1/7/2031	183,438	0.01
USD	550,000	Mexico City Airport Trust ‘144A’ 4.25% 31/10/2026	560,313	0.03
USD	648,000	Mexico Government International Bond 2.659% 24/5/2031	591,624	0.03
USD	437,000	Mexico Government International Bond 3.25% 16/4/2030	423,016	0.03
USD	380,000	Mexico Government International Bond 4.125% 21/1/2026	402,610	0.02

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		メキシコ(続き)
USD	200,000	Mexico Government International Bond 4.75% 27/4/2032	212,400	0.01
USD	1,636,000	Petroleos Mexicanos 5.95% 28/1/2031*	1,519,844	0.09
USD	758,000	Petroleos Mexicanos ‘144A’ 6.7% 16/2/2032	731,697	0.04
USD	450,000	Petroleos Mexicanos 6.875% 4/8/2026	475,875	0.03
USD	200,000	Trust Fibra Uno ‘144A’5.25% 30/1/2026	207,784	0.01
			6,239,947	0.35
		モンゴル
USD	200,000	Mongolia Government International Bond 5.125% 7/4/2026	199,000	0.01
		モロッコ
USD	280,000	Morocco Government International Bond ‘144A’ 2.375% 15/12/2027	257,950	0.02
USD	697,000	Morocco Government International Bond ‘144A’3% 15/12/2032	610,746	0.03
			868,696	0.05
		オランダ
EUR	600,000	Bayer Capital Corp BV 1.5% 26/6/2026	683,187	0.04
EUR	890,000	BMW Finance NV 14/4/2023 (Zero Coupon)	1,000,323	0.06
EUR	490,000	Conti-Gummi Finance BV 1.125% 25/9/2024	557,028	0.03
EUR	1,115,000	Digital Dutch Finco BV 0.625% 15/7/2025	1,231,182	0.07
EUR	650,144	Domi 2021-1 BV FRN 15/6/2053	730,449	0.04
EUR	1,288,628	Dutch Property Finance 2020-2 BV FRN 28/1/2058	1,453,226	0.08
EUR	290,000	Dutch Property Finance 2020-2 BV FRN 28/1/2058	328,869	0.02
EUR	740,000	Dutch Property Finance 2021-1 BV FRN 28/7/2058	831,103	0.05
EUR	2,578,030	Dutch Property Finance 2021-1 BV FRN 28/7/2058	2,904,371	0.16
EUR	1,191,141	Dutch Property Finance 2021-2 BV 0.146% 28/4/2059	1,341,133	0.08
EUR	820,000	Dutch Property Finance 2021-2 BV 0.246% 28/4/2059	911,490	0.05
EUR	504,000	Dutch Property Finance 2021-2 BV 0.496% 28/4/2059	563,188	0.03
EUR	275,000	E.ON International Finance BV 0.75% 30/11/2022	310,172	0.02
EUR	1,155,000	Enel Finance International NV 17/6/2024 (Zero Coupon)	1,282,065	0.07
USD	1,775,000	Enel Finance International NV ‘144A’1.375% 12/7/2026	1,662,008	0.09
USD	520,000	Equate Petrochemical BV 4.25% 3/11/2026	539,063	0.03
USD	197,000	Greenko Dutch BV 3.85% 29/3/2026	192,075	0.01
EUR	700,000	Heimstaden Bostad Treasury BV 0.25% 13/10/2024	772,645	0.04
EUR	1,300,000	ING Bank NV FRN 8/4/2022	1,459,804	0.08
EUR	500,000	ING Groep NV FRN 3/9/2025	549,673	0.03
USD	900,000	ING Groep NV FRN 1/4/2027	856,757	0.05
EUR	800,000	ING Groep NV 1% 20/9/2023	909,034	0.05
EUR	1,058,000	Jubilee Place 17/1/2059 (Zero Coupon)	1,195,050	0.07
EUR	407,000	Jubilee Place 17/1/2059 (Zero Coupon)	455,359	0.03
EUR	201,000	Jubilee Place 17/1/2059 (Zero Coupon)	226,134	0.01
EUR	562,534	Jubilee Place 2020-1 BV FRN 17/10/2057	636,223	0.04
EUR	780,596	Jubilee Place 2021-1 BV FRN 17/7/2058	880,660	0.05

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		オランダ(続き)
EUR	149,940	Magoi 2019 BV FRN 27/7/2039	168,164	0.01
EUR	450,000	Mercedes-Benz International Finance BV 0.25% 6/11/2023	505,627	0.03
USD	253,000	Mong Duong Finance Holdings BV 5.125% 7/5/2029	222,763	0.01
USD	120,000	NXP BV / NXP Funding LLC / NXP USA Inc ‘144A’ 2.7% 1/5/2025	120,502	0.01
USD	1,500,000	NXP BV / NXP Funding LLC / NXP USA Inc ‘144A’ 3.875% 18/6/2026	1,570,305	0.09
EUR	200,000	Redexis Gas Finance BV 1.875% 28/5/2025	230,693	0.01
USD	359,000	Sensata Technologies BV ‘144A’ 5% 1/10/2025	370,203	0.02
EUR	935,000	Siemens Financieringsmaatschappij NV 0.375% 6/9/2023	1,056,043	0.06
EUR	665,000	Stellantis NV 3.375% 7/7/2023	772,286	0.04
EUR	410,000	Toyota Motor Finance Netherlands BV 27/10/2025 (Zero Coupon)	448,843	0.02
USD	511,000	Trivium Packaging Finance BV ‘144A’ 5.5% 15/8/2026	512,852	0.03
EUR	1,130,000	Upjohn Finance BV 0.816% 23/6/2022*	1,271,462	0.07
USD	268,000	VEON Holdings BV ‘144A’ 3.375% 25/11/2027	100,500	0.01
USD	440,000	VEON Holdings BV ‘144A’ 4% 9/4/2025	165,000	0.01
EUR	720,000	Viterra Finance BV 0.375% 24/9/2025	781,601	0.04
EUR	1,000,000	Vonovia Finance BV 0.125% 6/4/2023	1,122,516	0.06
EUR	400,000	Vonovia Finance BV 1.625% 7/4/2024	456,958	0.03
USD	194,000	Ziggo Bond Co BV ‘144A’ 6% 15/1/2027	197,397	0.01
			34,535,986	1.94
		オマーン
USD	200,000	Oman Government International Bond 7.375% 28/10/2032	222,750	0.01
USD	467,000	OQ SAOC ‘144A’5.125% 6/5/2028	466,329	0.03
			689,079	0.04
		パナマ
USD	479,000	Aeropuerto Internacional de Tocumen SA ‘144A’4% 11/8/2041	440,462	0.03
USD	225,000	Aeropuerto Internacional de Tocumen SA ‘144A’5.125% 11/8/2061	206,176	0.01
USD	250,000	Banco Latinoamericano de Comercio Exterior SA ‘144A’ 2.375% 14/9/2025	245,568	0.01
USD	295,000	Banco Nacional de Panama ‘144A’2.5% 11/8/2030	259,998	0.01
USD	409,000	Carnival Corp ‘144A’4% 1/8/2028	392,074	0.02
USD	458,000	Carnival Corp ‘144A’5.75% 1/3/2027	447,695	0.03
USD	285,000	Carnival Corp ‘144A’10.5% 1/2/2026	321,014	0.02
USD	670,000	Panama Government International Bond 3.875% 17/3/2028	688,991	0.04
			3,001,978	0.17
		パラグアイ
USD	459,000	Paraguay Government International Bond ‘144A’ 2.739% 29/1/2033	400,327	0.02
USD	959,000	Paraguay Government International Bond ‘144A’ 4.95% 28/4/2031*	996,907	0.06
USD	566,000	Paraguay Government International Bond 5% 15/4/2026	591,068	0.03
			1,988,302	0.11

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		ペルー
USD	155,000	Banco de Credito del Peru ‘144A’ FRN 1/7/2030	147,219	0.01
USD	200,000	InRetail Consumer ‘144A’ 3.25% 22/3/2028	188,250	0.01
USD	230,000	Peruvian Government International Bond 1.862% 1/12/2032	195,831	0.01
USD	540,000	Peruvian Government International Bond 2.392% 23/1/2026	529,015	0.03
USD	95,000	Peruvian Government International Bond 3% 15/1/2034	87,115	0.01
USD	198,000	Peruvian Government International Bond 3.3% 11/3/2041	175,972	0.01
USD	477,000	SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA ‘144A’3.5% 2/8/2028	438,215	0.02
			1,761,617	0.10
		フィリピン
USD	1,235,000	Philippine Government International Bond 3.75% 14/1/2029*	1,289,031	0.07
		ポーランド
USD	200,000	Canpack SA / Canpack US LLC ‘144A’3.125% 1/11/2025	196,299	0.01
		ポルトガル
EUR	278,552	Ares Lusitani-STC SA / Pelican Finance 2 1.706% 25/1/2035	312,083	0.02
EUR	1,207,058	Ares Lusitani-STC SA / Pelican Finance 2 3.706% 25/1/2035	1,359,124	0.08
EUR	800,000	TAGUS - Sociedade de Titularizacao de Creditos SA/Ulisses Finance No. 2 2.294% 23/9/2038	890,393	0.05
EUR	1,500,000	TAGUS - Sociedade de Titularizacao de Creditos SA/Viriato Finance No 1 0.135% 28/10/2040	1,690,374	0.10
EUR	200,000	TAGUS - Sociedade de Titularizacao de Creditos SA/Viriato Finance No 1 0.385% 28/10/2040	221,333	0.01
EUR	700,000	TAGUS - Sociedade de Titularizacao de Creditos SA/Viriato Finance No 1 0.985% 28/10/2040	771,607	0.04
			5,244,914	0.30
		カタール
USD	352,000	Qatar Energy ‘144A’3.3% 12/7/2051	332,640	0.02
USD	580,000	Qatar Government International Bond ‘144A’4% 14/3/2029	631,837	0.03
USD	785,000	Qatar Government International Bond 4.5% 23/4/2028	871,841	0.05
			1,836,318	0.10
		ルーマニア
USD	702,000	Romanian Government International Bond ‘144A’3% 14/2/2031	645,840	0.03
USD	340,000	Romanian Government International Bond ‘144A’ 3.625% 27/3/2032	322,150	0.02
			967,990	0.05
		ロシア連邦
USD	400,000	Russian Foreign Bond - Eurobond 4.25% 23/6/2027	120,000	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		サウジアラビア
USD	865,000	Saudi Arabian Oil Co ‘144A’ 2.875% 16/4/2024	875,812	0.05
USD	215,000	Saudi Government International Bond 3.25% 26/10/2026	223,331	0.01
USD	200,000	Saudi Government International Bond 3.625% 4/3/2028	211,500	0.01
USD	200,000	Saudi Government International Bond 4% 17/4/2025	210,800	0.01
USD	570,000	Saudi Government International Bond ‘144A’4.375% 16/4/2029	631,988	0.04
			2,153,431	0.12
		シンガポール
USD	360,000	BOC Aviation Ltd 3.5% 18/9/2027	368,156	0.02
USD	470,000	BPRL International Singapore Pte Ltd 4.375% 18/1/2027	477,251	0.03
USD	200,000	Global Prime Capital Pte Ltd 5.95% 23/1/2025	200,000	0.01
USD	465,000	Oil India International Pte Ltd 4% 21/4/2027	473,301	0.02
USD	473,000	ONGC Videsh Vankorneft Pte Ltd 3.75% 27/7/2026	481,752	0.03
			2,000,460	0.11
		南アフリカ
USD	230,000	Republic of South Africa Government International Bond 4.875% 14/4/2026	235,997	0.02
USD	253,000	Republic of South Africa Government International Bond 5.75% 30/9/2049	218,294	0.01
			454,291	0.03
		韓国
USD	520,000	Hyundai Capital Services Inc 3.625% 29/8/2027	540,176	0.03
USD	450,000	Kia Corp 1.75% 16/10/2026	432,090	0.03
USD	350,000	Mirae Asset Securities Co Ltd 1.375% 7/7/2024	340,281	0.02
USD	420,000	Mirae Asset Securities Co Ltd 2.625% 30/7/2025	417,500	0.02
			1,730,047	0.10
		スペイン
EUR	800,000	Autonoria Spain 2021 FT FRN 31/1/2039	896,702	0.05
EUR	500,000	Autonoria Spain 2021 FT FRN 31/1/2039	559,975	0.03
EUR	200,000	Autonoria Spain 2021 FT FRN 31/1/2039	224,011	0.01
EUR	1,000,000	Autonoria Spain 2021 FT FRN 31/1/2039	1,131,419	0.07
EUR	200,000	Autonoria Spain 2021 FT FRN 31/1/2039	224,059	0.01
EUR	500,000	Banco de Sabadell SA FRN 7/11/2025	551,580	0.03
EUR	200,000	Banco de Sabadell SA FRN 11/3/2027	221,517	0.01
USD	600,000	Banco Santander SA FRN 14/9/2027	564,088	0.03
USD	3,600,000	Banco Santander SA 1.849% 25/3/2026	3,433,619	0.19
USD	1,600,000	Banco Santander SA 2.746% 28/5/2025	1,596,224	0.09
EUR	486,301	FT Santander Consumer Spain Auto 2020-1 FRN 20/3/2033	549,771	0.03
EUR	416,829	FT Santander Consumer Spain Auto 2020-1 FRN 20/3/2033	469,743	0.03
EUR	208,415	FT Santander Consumer Spain Auto 2020-1 FRN 20/3/2033	236,534	0.02
EUR	347,358	FT Santander Consumer Spain Auto 2020-1 3.5% 20/3/2033	394,954	0.02
EUR	800,000	Merlin Properties Socimi SA 1.875% 2/11/2026	913,990	0.05
			11,968,186	0.67

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		スウェーデン
USD	1,600,000	Svenska Handelsbanken AB ‘144A’ FRN 11/6/2027	1,517,650	0.09
EUR	241,000	Volvo Treasury AB 11/2/2023 (Zero Coupon)	270,535	0.01
			1,788,185	0.10
		スイス
USD	2,830,000	Credit Suisse Group AG ‘144A’ FRN 2/2/2027	2,626,741	0.15
EUR	875,000	UBS AG/London 0.75% 21/4/2023	989,567	0.06
EUR	715,000	UBS Group AG FRN 29/1/2026	787,035	0.04
USD	3,220,000	UBS Group AG ‘144A’ FRN 10/8/2027	3,023,407	0.17
			7,426,750	0.42
		タイ
USD	200,000	Krung Thai Bank PCL/Cayman Islands FRN 25/3/2026 (Perpetual)	192,500	0.01
USD	650,000	PTTEP Treasury Center Co Ltd 2.587% 10/6/2027	643,500	0.04
			836,000	0.05
		ウクライナ
USD	250,000	Ukraine Government International Bond 8.994% 1/2/2024*	95,000	0.00
USD	339,000	Ukraine Government International Bond 9.75% 1/11/2028	116,955	0.01
			211,955	0.01
		英国
USD	200,000	Antofagasta Plc ‘144A’2.375% 14/10/2030	178,708	0.01
GBP	100,000	Atlas Funding 2021-1 Plc FRN 25/7/2058	135,394	0.01
GBP	100,000	Atlas Funding 2021-1 Plc FRN 25/7/2058	134,406	0.01
GBP	100,000	Atlas Funding 2021-1 Plc FRN 25/7/2058	135,398	0.01
GBP	578,059	Atlas Funding 2021-1 Plc FRN 25/7/2058	778,560	0.04
GBP	379,397	Azure Finance No 2 Plc FRN 20/7/2030	509,619	0.03
GBP	1,699,000	Azure Finance No 2 Plc FRN 20/7/2030	2,310,702	0.13
EUR	500,000	Barclays Plc FRN 2/4/2025	590,473	0.03
USD	235,000	Barclays Plc FRN 7/5/2025	240,834	0.01
GBP	202,000	Barley Hill NO 2 Plc 27/8/2058 (Zero Coupon)	271,241	0.02
GBP	115,000	Barley Hill NO 2 Plc 27/8/2058 (Zero Coupon)	154,419	0.01
EUR	545,000	BAT International Finance Plc 0.875% 13/10/2023*	615,697	0.03
USD	1,000,000	BAT International Finance Plc 1.668% 25/3/2026	944,682	0.05
GBP	1,945,442	Brass No 10 Plc FRN 16/4/2069	2,609,227	0.15
GBP	1,332,000	Canada Square Funding 17/1/2059 (Zero Coupon)	1,785,746	0.10
GBP	318,000	Canada Square Funding 17/1/2059 (Zero Coupon)	427,536	0.02
GBP	178,000	Canada Square Funding 17/1/2059 (Zero Coupon)	239,193	0.01
GBP	431,000	Canada Square Funding 17/1/2059 (Zero Coupon)	579,026	0.03
GBP	348,000	Canada Square Funding 2021-2 Plc FRN 17/6/2058	468,360	0.03
GBP	102,000	Canada Square Funding 2021-2 Plc FRN 17/6/2058	135,282	0.01
GBP	105,000	CMF 2020-1 Plc FRN 16/1/2057	140,294	0.01
GBP	220,000	CMF 2020-1 Plc FRN 16/1/2057	294,823	0.02
GBP	573,238	CMF 2020-1 Plc ‘Series 2020-1 A’ FRN 16/1/2057	770,252	0.04
GBP	700,000	Dowson 2021-2 Plc ‘Series 2021-2 B’ FRN 20/10/2028	937,145	0.05
GBP	1,130,318	Dowson 2021-2 Plc 0.962% 20/10/2028	1,517,913	0.09

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		英国(続き)
GBP	800,000	Dowson 2021-2 Plc 1.882% 20/10/2028	1,071,383	0.06
GBP	246,500	Economic Master Issuer 2020-1 Plc FRN 25/6/2072	331,321	0.02
GBP	577,000	Economic Master Issuer Plc FRN 25/6/2073	773,281	0.04
USD	200,000	eG Global Finance Plc ‘144A’ 6.75% 7/2/2025	198,977	0.01
GBP	1,248,645	Elvet Mortgages 2020-1 Plc FRN 22/3/2065	1,682,297	0.09
GBP	1,035,122	Elvet Mortgages 2021-1 Plc 0.567% 22/10/2063	1,390,251	0.08
GBP	828,000	Finsbury Square FRN 16/12/2067	1,108,654	0.06
GBP	1,045,000	Finsbury Square FRN 16/12/2067	1,396,664	0.08
GBP	953,356	Finsbury Square FRN 16/12/2067	1,270,932	0.07
GBP	495,366	Finsbury Square 2020-1 Plc FRN 16/3/2070	664,713	0.04
GBP	224,959	Finsbury Square 2020-1 Plc FRN 16/3/2070	301,798	0.02
GBP	254,735	Finsbury Square 2020-2 Plc FRN 16/6/2070	343,924	0.02
GBP	371,000	Finsbury Square 2021-2 Plc 16/12/2071 (Zero Coupon)	496,536	0.03
GBP	730,000	Finsbury Square 2021-2 Plc 16/12/2071 (Zero Coupon)	979,625	0.05
GBP	1,622,000	Finsbury Square 2021-2 Plc 16/12/2071 (Zero Coupon)	2,174,948	0.12
GBP	201,000	Finsbury Square 2021-2 Plc 16/12/2071 (Zero Coupon)	270,455	0.02
USD	280,000	Fresnillo Plc ‘144A’ 4.25% 2/10/2050	255,415	0.01
GBP	1,326,902	Gemgarto 2021-1 Plc FRN 16/12/2067	1,781,236	0.10
GBP	668,000	Gemgarto 2021-1 Plc FRN 16/12/2067	890,683	0.05
GBP	218,000	Gemgarto 2021-1 Plc FRN 16/12/2067	290,682	0.02
GBP	1,432,013	Gemgarto 2021-1 Plc 5.049% 16/12/2067	1,922,835	0.11
USD	719,994	Gosforth Funding 2018-1 plc ‘Series 2018-1A A1’ ‘144A’ FRN 25/8/2060	720,671	0.04
GBP	441,000	Harben Finance 28/9/2055 (Zero Coupon)	583,526	0.03
GBP	730,000	Harben Finance 28/9/2055 (Zero Coupon)	965,768	0.05
GBP	1,309,000	Harben Finance 28/9/2055 (Zero Coupon)	1,725,288	0.10
GBP	199,992	Hops Hill No 1 Plc FRN 2 7/5/2054	270,959	0.02
GBP	99,997	Hops Hill No 1 Plc FRN 27/5/2054	135,543	0.01
GBP	662,782	Hops Hill No 1 Plc FRN 27/5/2054	893,433	0.05
GBP	124,993	Hops Hill No 1 Plc FRN 27/5/2054	169,489	0.01
EUR	1,200,000	Informa Plc 1.5% 5/7/2023	1,363,053	0.08
EUR	2,255,000	Informa Plc 2.125% 6/10/2025	2,585,549	0.15
GBP	2,641,699	Jupiter Mortgage NO 1 Plc FRN 20/7/2060	3,548,344	0.20
GBP	268,000	Lanark Master Issuer Plc ‘Series 2020-1A 2A’ ‘144A’ FRN 22/12/2069	361,013	0.02
GBP	630,000	Lanebrook Mortgage Transaction 2020-1 Plc FRN 12/6/2057	853,547	0.05
GBP	370,000	Lanebrook Mortgage Transaction 2020-1 Plc FRN 12/6/2057	498,433	0.03
GBP	1,649,029	Lanebrook Mortgage Transaction 2020-1 Plc FRN 12/6/2057	2,223,124	0.12
GBP	547,131	Lanebrook Mortgage Transaction 2021-1 Plc 0.732% 20/7/2058	730,485	0.04
GBP	266,000	Lanebrook Mortgage Transaction 2021-1 Plc 1.032% 20/7/2058	353,772	0.02
GBP	159,000	Lanebrook Mortgage Transaction 2021-1 Plc 1.332% 20/7/2058	213,789	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		英国(続き)
GBP	103,000	Lanebrook Mortgage Transaction 2021-1 Plc 1.732% 20/7/2058	136,531	0.01
USD	1,095,000	Lloyds Banking Group Plc FRN 15/6/2023	1,093,619	0.06
GBP	468,927	London Wall Mortgage Capital Plc FRN 15/5/2051	627,470	0.04
GBP	487,434	London Wall Mortgage Capital Plc 0.966% 15/5/2052	653,575	0.04
GBP	305,000	Mortimer BTL 2021-1 Plc FRN 23/6/2053	403,756	0.02
GBP	108,000	Mortimer BTL 2021-1 Plc FRN 23/6/2053	141,051	0.01
EUR	600,000	National Grid Electricity Transmission Plc 0.19% 20/1/2025	665,385	0.04
USD	1,780,000	NatWest Group Plc FRN 22/5/2024	1,786,110	0.10
USD	3,025,000	NatWest Group Plc FRN 14/6/2027	2,854,781	0.16
USD	2,650,000	NatWest Group Plc 3.875% 12/9/2023	2,712,223	0.15
EUR	900,000	NatWest Markets Plc 0.125% 18/6/2026	964,612	0.05
USD	1,810,000	NatWest Markets Plc ‘144A’ 1.6% 29/9/2026	1,713,687	0.10
GBP	954,000	Newday Funding Master Issuer Plc - Series 2021-1 FRN 15/3/2029	1,284,290	0.07
GBP	775,000	Newday Funding Master Issuer Plc - Series 2021-1 FRN 15/3/2029	1,043,572	0.06
GBP	735,000	Newday Funding Master Issuer Plc - Series 2021-3 1.139% 15/11/2029	986,260	0.06
GBP	404,000	Newday Funding Master Issuer Plc - Series 2021-3 1.589% 15/11/2029	541,414	0.03
GBP	1,816,069	Oat Hill NO 2 Plc FRN 27/5/2046	2,437,562	0.14
GBP	156,727	Orbita Funding 2020-1 Plc FRN 17/3/2027	210,514	0.01
GBP	230,000	PCL Funding IV Plc FRN 15/9/2024	308,715	0.02
GBP	1,095,000	PCL Funding IV Plc FRN 15/9/2024	1,471,813	0.08
GBP	605,000	PCL Funding IV Plc FRN 15/9/2024	813,813	0.05
GBP	424,000	PCL Funding V Plc FRN 15/10/2025	566,542	0.03
GBP	115,000	PCL Funding V Plc FRN 15/10/2025	153,671	0.01
GBP	580,000	PCL Funding V Plc ‘Series 2021-1 A’ FRN 15/10/2025	778,341	0.04
GBP	1,355,000	Pierpont BTL 2021-1 Plc 22/12/2053 (Zero Coupon)	1,828,366	0.10
GBP	984,000	Pierpont BTL 2021-1 Plc 22/12/2053 (Zero Coupon)	1,321,127	0.07
GBP	307,000	Polaris 2022-1 Plc 23/10/2059 (Zero Coupon)	411,872	0.02
GBP	538,000	Polaris 2022-1 Plc 23/10/2059 (Zero Coupon)	721,782	0.04
GBP	421,000	Polaris 2022-1 Plc 23/10/2059 (Zero Coupon)	564,744	0.03
GBP	1,260,000	Polaris 2022-1 Plc 23/10/2059 (Zero Coupon)	1,690,208	0.09
GBP	2,265,000	Precise Mortgage Funding 2019-1B Plc FRN 12/12/2055	3,060,079	0.17
GBP	100,000	Precise Mortgage Funding 2020-1B Plc FRN 16/10/2056	133,486	0.01
GBP	100,000	Precise Mortgage Funding 2020-1B Plc FRN 16/10/2056	134,095	0.01
GBP	115,000	Precise Mortgage Funding 2020-1B Plc FRN 16/10/2056	155,235	0.01
GBP	852,218	Residential Mortgage Securities 32 Plc FRN 20/6/2070	1,151,044	0.06
GBP	525,000	Residential Mortgage Securities 32 Plc FRN 20/6/2070	712,034	0.04
GBP	358,981	RMAC Securities No 1 Plc ‘Series 2007-NS1X A2A’ FRN 12/6/2044	462,190	0.03
USD	322,000	Rolls-Royce Plc ‘144A’5.75% 15/10/2027	335,633	0.02
GBP	535,000	Sage AR Funding No 1 Plc FRN 17/11/2030	716,448	0.04

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		英国(続き)
GBP	905,000	Sage AR Funding No 1 Plc FRN 17/11/2030	1,216,207	0.07
GBP	385,000	Sage AR Funding No 1 Plc FRN 17/11/2030	516,696	0.03
USD	2,235,000	Santander UK Group Holdings Plc FRN 5/1/2024	2,260,891	0.13
GBP	901,902	Satus 2021-1 Plc 0.952% 17/8/2028	1,209,951	0.07
GBP	605,000	Satus 2021-1 Plc 1.452% 17/8/2028	809,664	0.05
GBP	743,000	Satus 2021-1 Plc 1.852% 17/8/2028	987,904	0.06
GBP	122,000	Satus 2021-1 Plc 2.152% 17/8/2028	162,882	0.01
GBP	247,000	Satus 2021-1 Plc 3.452% 17/8/2028	330,829	0.02
GBP	6,386,112	Silk Road Finance Number Six Plc FRN 21/9/2067	8,622,193	0.48
GBP	916,000	Silverstone Master Issuer Plc 21/1/2070 (Zero Coupon)	1,230,481	0.07
GBP	1,745,000	Silverstone Master Issuer Plc ‘Series 2020-1A 1A’ ‘144A’ FRN 21/1/2070	2,346,274	0.13
USD	625,000	Standard Chartered Plc ‘144A’ FRN 12/1/2025	605,465	0.03
GBP	589,634	Together Asset Backed Securitisation 2021-1st1 Plc 0.774% 12/7/2063	787,258	0.04
GBP	156,000	Together Asset Backed Securitisation 2021-1st1 Plc 1.024% 12/7/2063	208,281	0.01
GBP	107,000	Together Asset Backed Securitisation 2021-1st1 Plc 1.324% 12/7/2063	142,880	0.01
GBP	115,000	Tower Bridge Funding 2020-1 Plc FRN 20/9/2063	156,504	0.01
GBP	145,000	Tower Bridge Funding 2020-1 Plc FRN 20/9/2063	196,743	0.01
GBP	1,060,000	Tower Bridge Funding 2020-1 Plc FRN 20/9/2063	1,437,318	0.08
GBP	749,502	Tower Bridge Funding 2020-1 Plc FRN 20/9/2063	1,012,519	0.06
GBP	364,999	Tower Bridge Funding 2021-1 Plc FRN 21/7/2064	490,777	0.03
GBP	2,065,901	Tower Bridge Funding 2021-1 Plc FRN 21/7/2064	2,777,874	0.16
GBP	253,000	Tower Bridge Funding 2021-1 Plc FRN 21/7/2064	339,542	0.02
GBP	381,999	Tower Bridge Funding 2021-1 Plc FRN 21/7/2064	517,480	0.03
GBP	252,999	Tower Bridge Funding 2021-2 Plc FRN 20/11/2063	337,753	0.02
GBP	139,999	Tower Bridge Funding 2021-2 Plc FRN 20/11/2063	186,063	0.01
GBP	169,999	Tower Bridge Funding 2021-2 Plc FRN 20/11/2063	225,421	0.01
GBP	264,000	Tower Bridge Funding 2022-1 Plc 20/12/2063 (Zero Coupon)	355,006	0.02
GBP	758,000	Tower Bridge Funding 2022-1 Plc ‘Series 2022-1X A’ FRN 20/12/2063	1,016,253	0.06
GBP	293,000	Tower Bridge Funding 2022-1 Plc ‘Series 2022-1X B’ FRN 20/12/2063	392,883	0.02
GBP	1,590,000	Turbo Finance 9 Plc FRN 20/8/2028	2,142,957	0.12
GBP	1,118,206	Turbo Finance 9 Plc FRN 20/8/2028	1,505,006	0.08
GBP	2,670,908	Twin Bridges 2019-1 Plc ‘Series 2019-1 A’ FRN 12/12/2052	3,586,177	0.20
GBP	1,146,513	Twin Bridges 2020-1 Plc FRN 12/12/2054	1,551,386	0.09
GBP	390,000	Twin Bridges 2020-1 Plc FRN 12/12/2054	527,710	0.03
GBP	1,145,000	Twin Bridges 2020-1 Plc FRN 12/12/2054	1,549,610	0.09
GBP	225,000	Twin Bridges 2020-1 Plc FRN 12/12/2054	304,901	0.02
GBP	220,000	Twin Bridges 2021-1 Plc FRN 12/3/2055	295,834	0.02
GBP	436,000	Twin Bridges 2021-1 Plc FRN 12/3/2055	585,149	0.03
GBP	2,920,607	Twin Bridges 2021-1 Plc FRN 12/3/2055	3,920,159	0.22

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		英国(続き)
GBP	443,000	Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)	586,353	0.03
GBP	1,136,000	Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)	1,513,932	0.09
GBP	338,000	Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)	444,158	0.02
GBP	320,000	Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)	429,303	0.02
GBP	188,000	Twin Bridges 2021-2 Plc 12/9/2055 (Zero Coupon)	246,346	0.01
GBP	365,000	Twin Bridges 2022-1 Plc 1/12/2055 (Zero Coupon)	483,676	0.03
GBP	891,000	Twin Bridges 2022-1 Plc 1/12/2055 (Zero Coupon)	1,185,301	0.07
GBP	1,507,000	Twin Bridges 2022-1 Plc 1/12/2055 (Zero Coupon)	2,014,639	0.11
GBP	723,000	Twin Bridges 2022-1 Plc 1/12/2055 (Zero Coupon)	962,634	0.05
GBP	832,032	Unique Pub Finance Co Plc/The 7.395% 28/3/2024	1,177,354	0.07
USD	200,000	Vedanta Resources Finance II Plc 8% 23/4/2023	187,407	0.01
USD	200,000	Vedanta Resources Finance II Plc 13.875% 21/1/2024	204,167	0.01
EUR	530,000	Virgin Money UK Plc FRN 27/5/2024	593,750	0.03
EUR	314,000	WPP Finance 2013 3% 20/11/2023	368,846	0.02
			149,691,723	8.42
		米国
USD	9,023,000	1211 Avenue of the Americas Trust 2015-1211 ‘Series 2015-1211 A1A2’ ‘144A’ 3.901% 10/8/2035	9,274,639	0.52
USD	2,145,000	225 Liberty Street Trust 2016-225L ‘Series 2016-225L A’ ‘144A’ 3.597% 10/2/2036	2,180,619	0.12
USD	2,438,000	7-Eleven Inc ‘144A’ 0.8% 10/2/2024	2,377,976	0.13
USD	1,165,000	7-Eleven Inc ‘144A’ 0.95% 10/2/2026	1,090,147	0.06
EUR	320,000	AbbVie Inc 1.25% 1/6/2024	365,356	0.02
EUR	1,305,000	AbbVie Inc 1.5% 15/11/2023	1,496,242	0.08
USD	2,450,000	AbbVie Inc 2.95% 21/11/2026	2,481,149	0.14
USD	117,000	AdaptHealth LLC ‘144A’ 6.125% 1/8/2028	116,886	0.01
USD	79,000	ADT Security Corp/The 4.125% 15/6/2023	80,224	0.00
USD	302,000	Aethon United BR LP / Aethon United Finance Corp ‘144A’ 8.25% 15/2/2026	317,384	0.02
USD	79,000	Affinity Gaming ‘144A’ 6.875% 15/12/2027	77,750	0.00
USD	1,185,000	Air Lease Corp 1.875% 15/8/2026	1,114,560	0.06
USD	855,000	Air Lease Corp 2.625% 1/7/2022	859,014	0.05
USD	521,000	Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC ‘144A’ 4.625% 15/1/2027	522,790	0.03
USD	1,905,000	Alexander Funding Trust ‘144A’ 1.841% 15/11/2023	1,881,165	0.11
USD	712,000	Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer ‘144A’ 4.25% 15/10/2027	686,485	0.04
USD	883,000	Allied Universal Holdco LLC / Allied Universal Finance Corp ‘144A’ 6.625% 15/7/2026	905,918	0.05
USD	200,000	Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl ‘144A’ 4.625% 1/6/2028	190,642	0.01
USD	79,000	AMC Networks Inc 4.75% 1/8/2025	78,520	0.00
USD	449,000	American Airlines Inc ‘144A’ 11.75% 15/7/2025	544,693	0.03
USD	251,000	American Airlines Inc/AAdvantage Loyalty IP Ltd ‘144A’ 5.5% 20/4/2026	257,283	0.01
USD	157,000	American Builders & Contractors Supply Co Inc ‘144A’ 4% 15/1/2028	153,401	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
EUR	700,000	American International Group Inc 1.875% 21/6/2027	802,172	0.05
EUR	400,000	American Tower Corp 0.4% 15/2/2027	421,486	0.02
EUR	1,050,000	American Tower Corp 0.45% 15/1/2027	1,111,498	0.06
USD	925,000	American Tower Corp 1.3% 15/9/2025	882,613	0.05
USD	3,745,000	American Tower Corp 1.6% 15/4/2026	3,577,308	0.20
USD	450,000	American Tower Corp 2.4% 15/3/2025	446,307	0.03
USD	88,000	ANGI Group LLC ‘144A’ 3.875% 15/8/2028	78,701	0.00
USD	241,000	Antero Midstream Partners LP / Antero Midstream Finance Corp ‘144A’ 7.875% 15/5/2026	259,023	0.02
USD	160,000	Antero Resources Corp ‘144A’ 7.625% 1/2/2029	173,207	0.01
USD	151,000	APX Group Inc ‘144A’ 6.75% 15/2/2027	153,800	0.01
USD	225,000	Aramark Services Inc ‘144A’ 5% 1/4/2025	226,386	0.01
USD	172,000	Aramark Services Inc ‘144A’ 6.375% 1/5/2025	177,361	0.01
USD	422,000	Archrock Partners LP / Archrock Partners Finance Corp ‘144A’ 6.875% 1/4/2027	429,919	0.02
USD	274,000	Arconic Corp ‘144A’ 6.125% 15/2/2028	281,573	0.02
EUR	845,000	AT&T Inc 1.05% 5/9/2023	961,419	0.05
USD	5,035,000	AT&T Inc 1.7% 25/3/2026	4,877,973	0.27
USD	322,000	Avantor Funding Inc ‘144A’ 4.625% 15/7/2028	326,835	0.02
USD	375,000	Avaya Inc ‘144A’ 6.125% 15/9/2028	361,549	0.02
USD	1,380,000	Aviation Capital Group LLC ‘144A’ 1.95% 30/1/2026	1,308,792	0.07
USD	1,665,000	Aviation Capital Group LLC ‘144A’ 1.95% 20/9/2026	1,568,261	0.09
USD	299,000	Axalta Coating Systems LLC ‘144A’ 3.375% 15/2/2029	274,527	0.02
USD	3,054,000	Ball Corp 5.25% 1/7/2025	3,237,118	0.18
USD	12,490	Banc of America Mortgage 2003-J Trust ‘Series 2003-J 2A1’ FRN 25/11/2033	12,205	0.00
USD	4,365,000	Bank of America Corp FRN 4/2/2025	4,316,768	0.24
USD	2,825,000	Bank of America Corp FRN 6/12/2025	2,737,930	0.15
USD	1,575,000	Bank of America Corp FRN 13/2/2026	1,540,765	0.09
USD	2,694,000	Bank of America Corp FRN 19/6/2026	2,565,683	0.14
USD	4,950,000	Bank of America Corp FRN 24/10/2026	4,654,116	0.26
USD	2,800,000	Bank of America Corp FRN 11/3/2027	2,661,282	0.15
USD	5,245,000	Bank of America Corp FRN 22/7/2027	4,966,743	0.28
USD	2,935,000	BAT Capital Corp 2.789% 6/9/2024	2,945,252	0.17
USD	8,120,000	BAT Capital Corp 3.222% 15/8/2024	8,219,474	0.46
USD	238,000	Bausch Health Americas Inc ‘144A’ 8.5% 31/1/2027	242,092	0.01
EUR	510,000	Becton Dickinson and Co 0.034% 13/8/2025	556,593	0.03
EUR	310,000	Becton Dickinson and Co 1.401% 24/5/2023	352,618	0.02
USD	226,000	Big River Steel LLC / BRS Finance Corp ‘144A’ 6.625% 31/1/2029	237,036	0.01
USD	182,000	Black Knight InfoServ LLC ‘144A’ 3.625% 1/9/2028	171,833	0.01
USD	3,500,000	Blackstone Private Credit Fund ‘144A’ 3.25% 15/3/2027	3,326,529	0.19
USD	1,965,000	Blackstone Private Credit Fund ‘144A’ 4% 15/1/2029	1,879,437	0.11
USD	186,000	Block Inc ‘144A’ 2.75% 1/6/2026	179,968	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	130,000	Blue Racer Midstream LLC / Blue Racer Finance Corp ‘144A’ 7.625% 15/12/2025	136,671	0.01
USD	1,500,000	Boeing Co/The 2.196% 4/2/2026	1,450,670	0.08
EUR	840,000	Booking Holdings Inc 0.1% 8/3/2025	926,849	0.05
USD	327,000	Booz Allen Hamilton Inc ‘144A’ 3.875% 1/9/2028	318,133	0.02
USD	722,000	Boxer Parent Co Inc ‘144A’ 7.125% 2/10/2025	746,303	0.04
USD	2,700,000	Broadcom Corp / Broadcom Cayman Finance Ltd 3.875% 15/1/2027	2,796,003	0.16
USD	5,445,000	Broadcom Inc 4.7% 15/4/2025	5,769,760	0.32
USD	84,000	Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL ‘144A’ 4.5% 1/4/2027	78,399	0.00
USD	77,000	Buckeye Partners LP ‘144A’ 4.125% 1/3/2025	76,062	0.00
USD	155,000	Buckeye Partners LP ‘144A’ 4.5% 1/3/2028	145,858	0.01
USD	184,000	BWX Technologies Inc ‘144A’ 4.125% 30/6/2028	178,441	0.01
USD	1,130,000	BX Trust 2018-BILT ‘Series 2018-BILT D’ ‘144A’ FRN 15/5/2030	1,107,126	0.06
USD	200,000	Cablevision Lightpath LLC ‘144A’ 3.875% 15/9/2027	186,733	0.01
USD	864,000	Caesars Entertainment Inc ‘144A’ 6.25% 1/7/2025	895,272	0.05
USD	269,000	Caesars Resort Collection LLC / CRC Finco Inc ‘144A’5.75% 1/7/2025	275,371	0.02
USD	85,000	Calpine Corp ‘144A’ 4.625% 1/2/2029	79,221	0.00
USD	174,000	Calpine Corp ‘144A’ 5.25% 1/6/2026	175,954	0.01
USD	1,545,000	Capital One Financial Corp FRN 2/11/2027	1,472,801	0.08
USD	77,000	Catalent Pharma Solutions Inc ‘144A’ 5% 15/7/2027	78,641	0.00
USD	923,000	CCO Holdings LLC / CCO Holdings Capital Corp ‘144A’ 5.125% 1/5/2027	933,527	0.05
USD	2,716,387	CD 2016-CD1 Mortgage Trust ‘Series 2016-CD1 ASB’ 2.622% 10/8/2049	2,725,117	0.15
USD	76,000	CD&R Smokey Buyer Inc ‘144A’ 6.75% 15/7/2025	78,744	0.00
USD	384,000	CDK Global Inc 4.875% 1/6/2027	394,057	0.02
USD	4,000,000	CDW LLC / CDW Finance Corp 4.125% 1/5/2025	4,068,220	0.23
USD	210,000	Cedar Fair LP / Canada’s Wonderland Co / Magnum Management Corp / Millennium Op ‘144A’ 5.5% 1/5/2025	216,024	0.01
USD	172,000	Centene Corp 2.45% 15/7/2028	162,381	0.01
USD	162,000	Centennial Resource Production LLC ‘144A’ 6.875% 1/4/2027	163,619	0.01
USD	1,379,000	Charter Communications Operating LLC / Charter Communications Operating Capital 4.908% 23/7/2025	1,457,220	0.08
USD	519,000	Cheniere Energy Inc 4.625% 15/10/2028	523,492	0.03
USD	139,894	CHL Mortgage Pass-Through Trust 2005-HYB8 ‘Series 2005-HYB8 2A1’ FRN 20/12/2035	135,547	0.01
USD	80,000	Chobani LLC / Chobani Finance Corp Inc ‘144A’ 4.625% 15/11/2028	76,654	0.00
USD	89,000	CHS/Community Health Systems Inc ‘144A’ 5.625% 15/3/2027	89,583	0.01
USD	476,000	CHS/Community Health Systems Inc ‘144A’ 8% 15/3/2026	497,258	0.03
EUR	340,000	Chubb INA Holdings Inc 0.3% 15/12/2024	378,055	0.02

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	498,000	Churchill Downs Inc ‘144A’ 5.5% 1/4/2027	506,078	0.03
USD	2,735,000	Citigroup Commercial Mortgage Trust 2013-375P ‘Series 2013-375P A’ ‘144A’ 3.251% 10/5/2035	2,754,575	0.16
USD	4,105,233	Citigroup Commercial Mortgage Trust 2013-GC11 ‘Series 2013-GC11 A3’2.815% 10/4/2046	4,112,327	0.23
USD	1,219,678	Citigroup Commercial Mortgage Trust 2014-GC19 ‘Series 2014-GC19 AAB’ 3.552% 10/3/2047	1,238,528	0.07
USD	3,380,000	Citigroup Commercial Mortgage Trust 2014-GC21 ‘Series 2014-GC21 A5’3.855% 10/5/2047	3,472,328	0.20
USD	5,523,941	Citigroup Commercial Mortgage Trust 2015-GC29 ‘Series 2015-GC29 A3’2.935% 10/4/2048	5,510,284	0.31
USD	2,899,000	Citigroup Commercial Mortgage Trust 2016-P4 ‘Series 2016-P4 A4’2.902% 10/7/2049	2,909,517	0.16
USD	3,772,282	Citigroup Commercial Mortgage Trust 2016-P5 ‘Series 2016-P5 A3’2.684% 10/10/2049	3,731,124	0.21
USD	1,225,000	Citigroup Inc FRN 24/7/2023	1,231,886	0.07
USD	1,340,000	Citigroup Inc FRN 1/5/2025	1,298,628	0.07
USD	4,370,000	Citigroup Inc FRN 8/4/2026	4,413,237	0.25
USD	6,880,000	Citigroup Inc FRN 9/6/2027	6,471,127	0.36
USD	855,000	Clarios Global LP / Clarios US Finance Co ‘144A’ 6.25% 15/5/2026	886,019	0.05
USD	339,000	Clarivate Science Holdings Corp ‘144A’ 3.875% 1/7/2028	319,113	0.02
USD	800,000	Clear Channel Outdoor Holdings Inc ‘144A’ 5.125% 15/8/2027	796,792	0.05
USD	156,000	Clearway Energy Operating LLC ‘144A’ 4.75% 15/3/2028	155,571	0.01
USD	117,000	CNX Resources Corp ‘144A’ 6% 15/1/2029	119,252	0.01
USD	253,000	Colgate Energy Partners III LLC ‘144A’ 7.75% 15/2/2026	272,688	0.02
USD	921,929	COMM 2013-CCRE7 Mortgage Trust ‘Series 2013-CR7 ASB’ 2.739% 10/3/2046	927,088	0.05
USD	5,329,972	COMM 2013-CCRE9 Mortgage Trust ‘Series 2013-CR9 A4’ FRN 10/7/2045	5,440,538	0.31
USD	214,724	COMM 2013-LC6 Mortgage Trust ‘Series 2013-LC6 ASB’ 2.478% 10/1/2046	215,148	0.01
USD	222,812	COMM 2013-SFS Mortgage Trust ‘Series 2013-SFS A1’ ‘144A’ 1.873% 12/4/2035	222,174	0.01
USD	3,000,000	COMM 2014-277P Mortgage Trust ‘Series 2014-277P A’ ‘144A’ FRN 10/8/2049	3,056,852	0.17
USD	4,250,000	COMM 2014-CCRE18 Mortgage Trust ‘Series 2014-CR18 A5’3.828% 15/7/2047	4,354,804	0.25
USD	5,134,667	COMM 2014-CCRE21 Mortgage Trust ‘Series 2014-CR21 A3’3.528% 10/12/2047	5,224,231	0.29
USD	1,481,740	COMM 2014-UBS3 Mortgage Trust ‘Series 2014-UBS3 ASB’ 3.367% 10/6/2047	1,501,844	0.08
USD	1,324,655	COMM 2014-UBS5 Mortgage Trust ‘Series 2014-UBS5 ASB’ 3.548% 10/9/2047	1,346,194	0.08
USD	560,000	COMM 2015-3BP Mortgage Trust ‘Series 2015-3BP A’ ‘144A’ 3.178% 10/2/2035	565,183	0.03
USD	8,777,655	COMM 2015-CCRE23 Mortgage Trust ‘Series 2015-CR23 XA’ FRN 10/5/2048	199,883	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	1,760,080	COMM 2015-CCRE24 Mortgage Trust ‘Series 2015-CR24 ASB’ 3.445% 10/8/2048	1,784,162	0.10
USD	5,198,300	COMM 2015-LC21 Mortgage Trust ‘Series 2015-LC21 A3’ 3.445% 10/7/2048	5,249,572	0.30
USD	287,000	CommScope Inc ‘144A’ 6% 1/3/2026	291,996	0.02
USD	222,000	CommScope Technologies LLC ‘144A’ 6% 15/6/2025	217,223	0.01
USD	642,000	Connect Finco SARL / Connect US Finco LLC ‘144A’ 6.75% 1/10/2026	652,493	0.04
USD	74,000	Consensus Cloud Solutions Inc ‘144A’ 6.5% 15/10/2028	74,276	0.00
USD	262,000	Consolidated Communications Inc ‘144A’ 6.5% 1/10/2028	259,459	0.02
USD	175,000	CoreLogic Inc ‘144A’ 4.5% 1/5/2028	167,122	0.01
USD	306,000	Crescent Energy Finance LLC ‘144A’ 7.25% 1/5/2026	304,895	0.02
USD	102,000	Crowdstrike Holdings Inc 3% 15/2/2029	94,771	0.01
USD	332,000	Crown Americas LLC / Crown Americas Capital Corp VI 4.75% 1/2/2026	335,735	0.02
USD	1,820,000	Crown Castle International Corp 1.35% 15/7/2025	1,738,076	0.10
USD	466,000	CrownRock LP / CrownRock Finance Inc ‘144A’ 5.625% 15/10/2025	471,965	0.03
USD	1,645,000	CSAIL 2015-C1 Commercial Mortgage Trust ‘Series 2015-C1 A4’3.505% 15/4/2050	1,674,958	0.09
USD	2,700,000	CSAIL 2018-CX12 Commercial Mortgage Trust ‘Series 2018-CX12 A4’ FRN 15/8/2051	2,867,089	0.16
USD	838,000	CSC Holdings LLC 5.25% 1/6/2024	849,476	0.05
USD	110,000	CTR Partnership LP / CareTrust Capital Corp ‘144A’3.875% 30/6/2028	106,817	0.01
USD	149,000	Cushman & Wakefield US Borrower LLC ‘144A’ 6.75% 15/5/2028	155,905	0.01
EUR	375,000	Danaher Corp 1.7% 30/3/2024	432,916	0.02
USD	101,000	Darling Ingredients Inc ‘144A’ 5.25% 15/4/2027	103,260	0.01
USD	2,238,719	DBGS 2018-BIOD Mortgage Trust ‘Series 2018-BIOD A’ ‘144A’ FRN 15/5/2035	2,224,399	0.13
USD	1,500,000	DBJPM 16-C3 Mortgage Trust ‘Series 2016-C3 A4’2.632% 10/8/2049	1,488,361	0.08
USD	2,076,000	DBWF 2018-GLKS Mortgage Trust ‘Series 2018-GLKS A’ ‘144A’ FRN 19/12/2030	2,055,975	0.12
USD	2,180,000	Diamondback Energy Inc 2.875% 1/12/2024	2,198,741	0.12
USD	2,100,000	Diamondback Energy Inc 4.75% 31/5/2025	2,227,495	0.13
EUR	1,000,000	Digital Euro Finco LLC 2.5% 16/1/2026	1,168,888	0.07
USD	156,000	Directv Financing LLC / Directv Financing Co-Obligor Inc ‘144A’ 5.875% 15/8/2027	155,667	0.01
USD	325,000	DISH DBS Corp 5% 15/3/2023	328,640	0.02
USD	854,000	DISH DBS Corp ‘144A’ 5.25% 1/12/2026	832,116	0.05
USD	259,000	DISH DBS Corp ‘144A’ 5.75% 1/12/2028	247,183	0.01
USD	840,000	DR Horton Inc 1.3% 15/10/2026	785,540	0.04
USD	176,000	Element Solutions Inc ‘144A’ 3.875% 1/9/2028	167,942	0.01
USD	173,000	Enact Holdings Inc ‘144A’ 6.5% 15/8/2025	179,296	0.01
USD	7,000,000	Enel Finance America LLC 25/4/2022 (Zero Coupon)	6,994,023	0.39
USD	1,215,000	Energy Transfer LP 2.9% 15/5/2025	1,216,202	0.07

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	1,930,000	Energy Transfer LP 3.45% 15/1/2023	1,952,538	0.11
USD	1,250,000	Energy Transfer LP 3.6% 1/2/2023	1,263,957	0.07
USD	1,435,000	Energy Transfer LP 4.5% 15/4/2024	1,491,969	0.08
USD	4,400,000	Energy Transfer LP 5.875% 15/1/2024	4,643,508	0.26
USD	80,000	EnLink Midstream LLC ‘144A’ 5.625% 15/1/2028	80,550	0.01
USD	190,000	EnLink Midstream Partners LP 4.85% 15/7/2026	191,382	0.01
USD	75,000	EnPro Industries Inc 5.75% 15/10/2026	77,867	0.00
USD	187,000	EQM Midstream Partners LP ‘144A’ 6% 1/7/2025	190,071	0.01
USD	354,000	EQM Midstream Partners LP ‘144A’ 6.5% 1/7/2027	368,342	0.02
USD	201,000	EQT Corp ‘144A’ 3.125% 5/5/2026	196,329	0.01
USD	3,795,000	Equinix Inc 1.25% 15/7/2025	3,599,814	0.20
USD	2,200,000	Eversource Energy 2.9% 1/3/2027	2,194,312	0.12
USD	80,000	Fair Isaac Corp ‘144A’ 4% 15/6/2028	78,966	0.00
USD	26,630	Fannie Mae Pool ‘AB4997’3% 1/4/2027	27,333	0.00
USD	434	Fannie Mae Pool ‘AE0812’5% 1/7/2025	429	0.00
USD	562,957	Fannie Mae Pool ‘AL4364’ FRN 1/9/2042	587,993	0.03
USD	42,328	Fannie Mae Pool ‘AL7139’3% 1/7/2030	43,566	0.00
USD	25,730	Fannie Mae Pool ‘AL7227’3% 1/8/2030	26,476	0.00
USD	958,414	Fannie Mae Pool ‘AL7654’3% 1/9/2035	972,636	0.06
USD	334,108	Fannie Mae Pool ‘AL9376’3% 1/8/2031	341,770	0.02
USD	35,177	Fannie Mae Pool ‘AL9378’3% 1/9/2031	36,207	0.00
USD	207,164	Fannie Mae Pool ‘AL9899’3% 1/3/2032	213,180	0.01
USD	14,821	Fannie Mae Pool ‘AS5622’3% 1/8/2030	15,254	0.00
USD	53,753	Fannie Mae Pool ‘AS5728’3% 1/9/2030	55,352	0.00
USD	437,516	Fannie Mae Pool ‘AS5794’3% 1/9/2030	450,208	0.03
USD	45,171	Fannie Mae Pool ‘AS8604’3% 1/1/2032	46,457	0.00
USD	777,178	Fannie Mae Pool ‘AS8980’4.5% 1/3/2047	831,648	0.05
USD	2,361,422	Fannie Mae Pool ‘AS9610’4.5% 1/5/2047	2,526,857	0.14
USD	36,732	Fannie Mae Pool ‘AU0967’3% 1/8/2028	37,705	0.00
USD	685,161	Fannie Mae Pool ‘AX0000’ FRN 1/9/2044	701,789	0.04
USD	500,383	Fannie Mae Pool ‘AX5552’3% 1/10/2031	514,673	0.03
USD	157,268	Fannie Mae Pool ‘AY4218’3% 1/5/2030	161,821	0.01
USD	384,585	Fannie Mae Pool ‘AY6268’3% 1/3/2030	395,727	0.02
USD	96,580	Fannie Mae Pool ‘AZ4080’3% 1/12/2031	99,244	0.01
USD	357,047	Fannie Mae Pool ‘AZ5005’3% 1/12/2030	367,410	0.02
USD	54,192	Fannie Mae Pool ‘AZ5798’3% 1/9/2030	55,734	0.00
USD	21,475	Fannie Mae Pool ‘BA0776’3% 1/9/2030	21,992	0.00
USD	11,563	Fannie Mae Pool ‘BA2882’3% 1/11/2030	11,853	0.00
USD	428,018	Fannie Mae Pool ‘BA5803’3% 1/12/2030	438,644	0.03
USD	333,779	Fannie Mae Pool ‘BC0853’3% 1/4/2031	343,670	0.02
USD	50,610	Fannie Mae Pool ‘BC1707’3% 1/1/2031	51,870	0.00
USD	18,352	Fannie Mae Pool ‘BC1774’3% 1/1/2031	18,873	0.00
USD	35,568	Fannie Mae Pool ‘BC4017’3% 1/3/2031	36,555	0.00
USD	51,877	Fannie Mae Pool ‘BC4263’3% 1/5/2031	53,382	0.00

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	31,055	Fannie Mae Pool ‘BC7657’3% 1/4/2031	31,893	0.00
USD	14,508	Fannie Mae Pool ‘BD1996’3% 1/8/2031	14,929	0.00
USD	55,743	Fannie Mae Pool ‘BD4404’3% 1/7/2031	57,024	0.00
USD	315,721	Fannie Mae Pool ‘BD6154’3% 1/11/2031	323,366	0.02
USD	264,048	Fannie Mae Pool ‘BE3155’3% 1/1/2032	270,177	0.02
USD	110,256	Fannie Mae Pool ‘BE6942’3% 1/2/2032	112,785	0.01
USD	25,615	Fannie Mae Pool ‘BH2512’3% 1/7/2032	26,358	0.00
USD	439,150	Fannie Mae Pool ‘BH4308’3% 1/6/2032	452,344	0.03
USD	11,335	Fannie Mae Pool ‘BH5232’3% 1/7/2032	11,663	0.00
USD	654,307	Fannie Mae Pool ‘BH5623’3% 1/6/2032	672,813	0.04
USD	247,676	Fannie Mae Pool ‘BH6399’3% 1/11/2032	254,566	0.01
USD	303,079	Fannie Mae Pool ‘BH6518’3% 1/9/2032	310,339	0.02
USD	1,070,266	Fannie Mae Pool ‘BJ2716’4% 1/4/2033	1,125,309	0.06
USD	13,698	Fannie Mae Pool ‘BJ2995’3% 1/1/2033	14,071	0.00
USD	100,295	Fannie Mae Pool ‘BJ3883’3% 1/1/2033	103,209	0.01
USD	49,015	Fannie Mae Pool ‘BJ4268’3% 1/12/2032	50,267	0.00
USD	20,945	Fannie Mae Pool ‘BJ4734’3% 1/12/2032	21,538	0.00
USD	46,775	Fannie Mae Pool ‘BJ5289’3% 1/2/2033	48,062	0.00
USD	417,576	Fannie Mae Pool ‘BJ9249’4.5% 1/6/2048	454,956	0.03
USD	27,320	Fannie Mae Pool ‘BK7893’3% 1/10/2033	28,065	0.00
USD	349,829	Fannie Mae Pool ‘BK9849’4% 1/9/2033	371,879	0.02
USD	322,241	Fannie Mae Pool ‘BM1775’4.5% 1/7/2047	346,177	0.02
USD	2,683,543	Fannie Mae Pool ‘BM3280’ 4.5% 1/11/2047	2,888,909	0.16
USD	160,161	Fannie Mae Pool ‘BM3947’3% 1/1/2033	164,680	0.01
USD	1,284,190	Fannie Mae Pool ‘BM5082’ 4.5% 1/11/2048	1,392,939	0.08
USD	3,989,278	Fannie Mae Pool ‘BM5568’4.5% 1/2/2049	4,385,423	0.25
USD	427,718	Fannie Mae Pool ‘BN5294’4% 1/2/2034	450,412	0.03
USD	34,922	Fannie Mae Pool ‘BN5357’4% 1/3/2034	36,618	0.00
USD	239,721	Fannie Mae Pool ‘BN5360’4% 1/3/2034	251,993	0.01
USD	1,094,683	Fannie Mae Pool ‘BN5404’4.5% 1/4/2049	1,203,472	0.07
USD	98,071	Fannie Mae Pool ‘BN6416’3.5% 1/4/2034	102,870	0.01
USD	645,356	Fannie Mae Pool ‘BN6570’3.5% 1/4/2034	678,790	0.04
USD	429,530	Fannie Mae Pool ‘CA0780’3% 1/11/2032	442,011	0.03
USD	255,799	Fannie Mae Pool ‘CA1095’3% 1/2/2033	264,092	0.02
USD	831,179	Fannie Mae Pool ‘CA1937’4% 1/6/2033	874,521	0.05
USD	233,633	Fannie Mae Pool ‘CA3287’4% 1/3/2034	244,475	0.01
USD	6,026,837	Fannie Mae Pool ‘FM1245’4% 1/9/2033	6,273,283	0.35
USD	301,551	Fannie Mae Pool ‘MA2561’3% 1/3/2031	310,285	0.02
USD	63,261	Fannie Mae Pool ‘MA2684’3% 1/7/2031	65,097	0.00
USD	294,361	Fannie Mae Pool ‘MA3071’4% 1/7/2037	310,824	0.02
USD	14,295	Fannie Mae Pool ‘MA3090’3% 1/8/2032	14,754	0.00
USD	357,421	Fannie Mae Pool ‘MA3129’4% 1/9/2037	377,406	0.02
USD	255,606	Fannie Mae Pool ‘MA3310’4% 1/3/2038	268,485	0.02
USD	4,987,372	Fannie Mae Pool ‘MA4053’2.5% 1/6/2035	5,030,956	0.28

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	14,000,000	Federal Farm Credit Banks Funding Corp 0.71% 1/4/2025	13,511,597	0.76
USD	16,000,000	Federal National Mortgage Association 0.55% 19/8/2025	15,276,855	0.86
USD	83,000	Fertitta Entertainment LLC / Fertitta Entertainment Finance Co Inc ‘144A’ 4.625% 15/1/2029	79,263	0.00
EUR	1,530,000	Fidelity National Information Services Inc 0.125% 3/12/2022	1,720,781	0.10
USD	1,146,000	First-Citizens Bank & Trust Co FRN 19/6/2024	1,167,309	0.07
USD	1,330,000	FirstEnergy Corp 3.35% 15/7/2022	1,329,175	0.08
USD	642,000	FirstEnergy Corp 4.4% 15/7/2027	663,668	0.04
USD	2,886,125	Ford Credit Auto Owner Trust 2018-B ‘Series 2018-B A4’ 3.38% 15/3/2024	2,910,769	0.16
USD	815,000	Ford Motor Credit Co LLC 2.7% 10/8/2026	775,269	0.04
USD	387,000	Ford Motor Credit Co LLC 2.9% 16/2/2028	362,489	0.02
USD	5,839,000	Ford Motor Credit Co LLC 3.37% 17/11/2023	5,876,399	0.33
USD	487,000	Ford Motor Credit Co LLC 3.81% 9/1/2024	492,357	0.03
USD	302,000	Ford Motor Credit Co LLC 5.125% 16/6/2025	313,320	0.02
USD	82,000	Forestar Group Inc ‘144A’ 3.85% 15/5/2026	77,647	0.00
USD	74,000	Fortress Transportation and Infrastructure Investors LLC ‘144A’ 6.5% 1/10/2025	74,846	0.00
USD	549,967	Freddie Mac Gold Pool ‘C91864’3% 1/2/2036	564,549	0.03
USD	762,852	Freddie Mac Gold Pool ‘C91942’4% 1/6/2037	807,261	0.05
USD	1,157,001	Freddie Mac Gold Pool ‘G16763’4% 1/2/2034	1,221,834	0.07
USD	1,382,494	Freddie Mac Gold Pool ‘G16789’4% 1/2/2034	1,463,373	0.08
USD	1,316,004	Freddie Mac Gold Pool ‘G16792’4% 1/3/2034	1,400,780	0.08
USD	62,808	Freddie Mac Gold Pool ‘G30963’4% 1/11/2036	66,765	0.00
USD	263,423	Freddie Mac Gold Pool ‘G61047’4.5% 1/7/2047	284,762	0.02
USD	7,852,772	Freddie Mac Gold Pool ‘G67720’4.5% 1/3/2049	8,561,780	0.48
USD	101,653,301	Freddie Mac Multifamily Structured Pass Through Certificates FRN 25/9/2024	1,520,235	0.09
USD	401,515	Freddie Mac Multifamily Structured Pass Through Certificates 3.065% 25/8/2022	403,083	0.02
USD	1,523,739	Freddie Mac Non Gold Pool ‘849692’ FRN 1/5/2045	1,557,808	0.09
USD	7,254,223	Freddie Mac REMICS ‘Series 5105 LA’ 1.5% 15/4/2044	7,237,131	0.41
USD	918,992	Freddie Mac REMICS ‘Series 5000 MA’ 2% 25/6/2044	906,985	0.05
USD	2,567,911	Freddie Mac REMICS ‘Series 5006 KA’ 2% 25/6/2045	2,541,715	0.14
USD	1,593,653	Freddie Mac REMICS ‘Series 4459 BN’ 3% 15/8/2043	1,628,442	0.09
USD	1,152,363	Freddie Mac REMICS ‘Series 4748 HC’ 3% 15/1/2044	1,163,119	0.07
USD	2,081,758	Freddie Mac REMICS ‘Series 4752 PL’ 3% 15/9/2046	2,089,210	0.12
USD	1,200,029	Freddie Mac REMICS ‘Series 4941 MB’ 3% 25/7/2049	1,205,013	0.07
USD	1,410,269	Freddie Mac REMICS ‘Series 4286 MP’ 4% 15/12/2043	1,491,513	0.08
USD	59,808	Freddie Mac REMICS ‘Series 3986 M’ 4.5% 15/9/2041	61,412	0.00
USD	92,726	Freddie Mac REMICS ‘Series 3959 MA’ 4.5% 15/11/2041	98,138	0.01
USD	645,000	FREMF 2012-K19 Mortgage Trust ‘Series 2012-K19 B’ ‘144A’ FRN 25/5/2045	643,888	0.04
USD	620,000	FREMF 2012-K20 Mortgage Trust ‘Series 2012-K20 B’ ‘144A’ FRN 25/5/2045	622,286	0.04

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	590,000	FREMF 2013-K27 Mortgage Trust ‘Series 2013-K27 B’ ‘144A’ FRN 25/1/2046	597,342	0.03
USD	465,000	FREMF 2013-K31 Mortgage Trust ‘Series 2013-K31 B’ ‘144A’ FRN 25/7/2046	471,957	0.03
USD	2,225,000	FREMF 2015-K720 Mortgage Trust ‘Series 2015-K720 B’ ‘144A’ FRN 25/7/2022	2,237,730	0.13
USD	410,000	Frontier Communications Holdings LLC ‘144A’ 5.875% 15/10/2027	410,742	0.02
USD	252,000	Gartner Inc ‘144A’ 4.5% 1/7/2028	253,646	0.01
EUR	360,000	General Mills Inc 0.45% 15/1/2026	398,492	0.02
USD	965,000	General Motors Co 5.4% 2/10/2023	1,011,991	0.06
EUR	1,500,000	General Motors Financial Co Inc 0.85% 26/2/2026	1,643,177	0.09
USD	2,500,000	General Motors Financial Co Inc 1.5% 10/6/2026	2,354,860	0.13
USD	3,800,000	General Motors Financial Co Inc 2.35% 26/2/2027	3,648,796	0.21
USD	900,000	General Motors Financial Co Inc 4% 15/1/2025	927,799	0.05
USD	500,000	Glencore Funding LLC 3.875% 27/10/2027	515,320	0.03
USD	108,000	Global Net Lease Inc / Global Net Lease Operating Partnership LP ‘144A’ 3.75% 15/12/2027	99,759	0.01
USD	4,200,000	Global Payments Inc 1.2% 1/3/2026	3,938,843	0.22
USD	535,000	Global Payments Inc 2.15% 15/1/2027	513,789	0.03
USD	96,000	Go Daddy Operating Co LLC / GD Finance Co Inc ‘144A’ 5.25% 1/12/2027	98,047	0.01
EUR	1,220,000	Goldman Sachs Group Inc/The FRN 21/4/2023	1,369,367	0.08
USD	1,029,000	Goldman Sachs Group Inc/The FRN 17/11/2023	1,019,088	0.06
USD	1,500,000	Goldman Sachs Group Inc/The FRN 9/3/2027	1,410,216	0.08
USD	705,000	Goldman Sachs Group Inc/The FRN 21/10/2027	670,305	0.04
USD	2,925,000	Goldman Sachs Group Inc/The FRN 24/2/2028	2,867,194	0.16
USD	1,035,066	GoodLeap Sustainable Home Solutions Trust 2021-4 ‘Series 2021-4GS A’ ‘144A’ 1.93% 20/7/2048	979,629	0.06
USD	653,231	GoodLeap Sustainable Home Solutions Trust 2021-5 ‘Series 2021-5CS A’ ‘144A’ 2.31% 20/10/2048	631,473	0.04
USD	4,050,595	Government National Mortgage Association ‘Series 2012-120 IO’ FRN 16/2/2053	79,329	0.00
USD	2,239,089	Government National Mortgage Association ‘Series 2018-36 AM’ 3% 20/7/2045	2,278,708	0.13
USD	1,050,566	Government National Mortgage Association ‘Series 2017-136 GB’ 3% 20/3/2047	1,059,240	0.06
USD	152,000	Graham Holdings Co ‘144A’ 5.75% 1/6/2026	155,615	0.01
USD	158,000	Graphic Packaging International LLC ‘144A’ 3.5% 15/3/2028	149,843	0.01
USD	1,827,375	GS Mortgage Securities Trust 2011-GC5 ‘Series 2011-GC5 AS’ ‘144A’ FRN 10/8/2044	1,833,175	0.10
USD	1,368,293	GS Mortgage Securities Trust 2013-GC16 ‘Series 2013-GC16 AAB’ 3.813% 10/11/2046	1,390,724	0.08
USD	3,495,242	GS Mortgage Securities Trust 2014-GC18 ‘Series 2014-GC18 A4’4.074% 10/1/2047	3,588,529	0.20
USD	2,330,000	GS Mortgage Securities Trust 2015-GC32 ‘Series 2015-GC32 A4’3.764% 10/7/2048	2,410,093	0.14
USD	1,500,000	GS Mortgage Securities Trust 2015-GC34 ‘Series 2015-GC34 A4’3.506% 10/10/2048	1,539,731	0.09

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	2,916,913	GS Mortgage Securities Trust 2016-GS2 ‘Series 2016-GS2 A4’3.05% 10/5/2049	2,938,989	0.17
USD	2,584,372	GS Mortgage Securities Trust 2016-GS3 ‘Series 2016-GS3 AAB’ 2.777% 10/10/2049	2,602,993	0.15
USD	38,000	Halliburton Co 3.8% 15/11/2025	39,479	0.00
USD	146,000	HAT Holdings I LLC / HAT Holdings II LLC ‘144A’ 3.375% 15/6/2026	138,472	0.01
USD	1,700,000	HCA Inc 5.25% 15/4/2025	1,817,756	0.10
USD	3,500,000	HCA Inc 5.375% 1/2/2025	3,696,998	0.21
USD	1,110,000	HCA Inc 5.375% 1/9/2026	1,190,475	0.07
USD	517,000	HCA Inc 5.625% 1/9/2028	568,899	0.03
USD	2,722,000	HCA Inc 5.875% 15/2/2026	2,947,967	0.17
USD	820,000	Healthpeak Properties Inc 1.35% 1/2/2027	769,784	0.04
USD	200,000	Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl ‘144A’ 4.625% 1/5/2028	188,931	0.01
USD	77,000	Herc Holdings Inc ‘144A’ 5.5% 15/7/2027	79,014	0.00
USD	379,000	Hilton Domestic Operating Co Inc ‘144A’ 5.375% 1/5/2025	391,128	0.02
USD	229,000	Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp 4.875% 1/4/2027	233,294	0.01
USD	112,000	Home Point Capital Inc ‘144A’ 5% 1/2/2026	93,118	0.01
USD	184,000	Howard Hughes Corp/The ‘144A’5.375% 1/8/2028	187,029	0.01
USD	1,805,000	Hyundai Capital America ‘144A’ 1.65% 17/9/2026*	1,700,837	0.10
USD	190,000	Icahn Enterprises LP / Icahn Enterprises Finance Corp 4.75% 15/9/2024	189,330	0.01
USD	270,000	Icahn Enterprises LP / Icahn Enterprises Finance Corp 5.25% 15/5/2027	267,922	0.02
EUR	1,045,000	Illinois Tool Works Inc 0.25% 5/12/2024	1,165,001	0.07
USD	960,000	International Business Machines Corp 2.2% 9/2/2027	945,433	0.05
USD	4,404,000	International Flavors & Fragrances Inc ‘144A’ 1.23% 1/10/2025	4,180,637	0.24
USD	308,000	IQVIA Inc ‘144A’ 5% 15/5/2027	313,757	0.02
USD	3,780,000	J.P. Morgan Chase Commercial Mortgage Securities Trust 2018-BCON ‘Series 2018-BCON A’ ‘144A’ 3.735% 5/1/2031	3,831,654	0.22
USD	79,000	Jacobs Entertainment Inc ‘144A’ 6.75% 15/2/2029	79,169	0.00
USD	718,205	JP Morgan Chase Commercial Mortgage Securities Trust 2012-CIBX ‘Series 2012-CBX A4’3.483% 15/6/2045	720,288	0.04
USD	3,615,000	JP Morgan Chase Commercial Mortgage Securities Trust 2012-HSBC ‘Series 2012-HSBC D’ ‘144A’ FRN 5/7/2032	3,631,269	0.20
USD	4,720,000	JP Morgan Chase Commercial Mortgage Securities Trust 2013-C16 ‘Series 2013-C16 A4’4.166% 15/12/2046	4,843,330	0.27
USD	1,661,101	JP Morgan Chase Commercial Mortgage Securities Trust 2013-LC11 ‘Series 2013-LC11 ASB’ 2.554% 15/4/2046	1,669,397	0.09
USD	5,074,485	JP Morgan Chase Commercial Mortgage Securities Trust 2016-JP2 ‘Series 2016-JP2 A3’2.559% 15/8/2049	4,989,168	0.28
USD	1,695,971	JP Morgan Mortgage Trust 2014-2 ‘Series 2014-2 1A1’ ‘144A’ FRN 25/6/2029	1,687,023	0.10
USD	1,234,820	JP Morgan Mortgage Trust 2016-2 ‘Series 2016-2 A1’ ‘144A’ FRN 25/6/2046	1,217,702	0.07

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	1,708,705	JPMBB Commercial Mortgage Securities Trust 2013-C17 ‘Series 2013-C17 ASB’ 3.705% 15/1/2047	1,735,326	0.10
USD	1,984,482	JPMBB Commercial Mortgage Securities Trust 2014-C23 ‘Series 2014-C23 ASB’ 3.657% 15/9/2047	2,022,976	0.11
USD	569,641	JPMBB Commercial Mortgage Securities Trust 2014-C26 ‘Series 2014-C26 ASB’ 3.288% 15/1/2048	577,487	0.03
USD	1,516,312	JPMBB Commercial Mortgage Securities Trust 2015-C33 ‘Series 2015-C33 A3’3.504% 15/12/2048	1,529,899	0.09
USD	950,000	JPMorgan Chase & Co FRN 25/4/2023	951,614	0.05
USD	1,961,000	JPMorgan Chase & Co FRN 23/7/2024	2,005,138	0.11
USD	3,000,000	JPMorgan Chase & Co FRN 1/6/2025	2,896,438	0.16
USD	2,405,000	JPMorgan Chase & Co FRN 15/10/2025	2,389,133	0.13
USD	2,874,000	JPMorgan Chase & Co FRN 22/4/2026	2,818,683	0.16
USD	3,900,000	JPMorgan Chase & Co FRN 19/11/2026	3,651,611	0.21
USD	8,900,000	JPMorgan Chase & Co FRN 22/4/2027	8,465,415	0.48
EUR	420,000	JPMorgan Chase & Co 1.5% 27/1/2025	483,619	0.03
USD	119,000	Kaiser Aluminum Corp ‘144A’ 4.625% 1/3/2028	112,733	0.01
USD	3,500,000	KB Home 7.625% 15/5/2023	3,631,023	0.20
USD	2,658,000	Kraft Heinz Foods Co 3% 1/6/2026	2,667,489	0.15
USD	379,000	Kraft Heinz Foods Co 3.875% 5/5/2027	394,160	0.02
USD	548,000	Kraft Heinz Foods Co 4.625% 30/1/2029	586,190	0.03
USD	112,000	LABL Inc ‘144A’ 5.875% 1/11/2028	107,450	0.01
USD	122,000	Ladder Capital Finance Holdings LLLP / Ladder Capital Finance Corp ‘144A’ 4.25% 1/2/2027	118,672	0.01
USD	154,000	Lamb Weston Holdings Inc ‘144A’ 4.875% 15/5/2028	158,398	0.01
USD	80,000	Legends Hospitality Holding Co LLC / Legends Hospitality Co-Issuer Inc ‘144A’ 5% 1/2/2026	78,731	0.00
USD	175,000	Level 3 Financing Inc ‘144A’ 4.25% 1/7/2028	159,205	0.01
USD	326,000	Level 3 Financing Inc 5.25% 15/3/2026	327,366	0.02
USD	139,000	Life Time Inc ‘144A’ 5.75% 15/1/2026	138,903	0.01
USD	78,000	Lindblad Expeditions LLC ‘144A’ 6.75% 15/2/2027	78,480	0.00
USD	80,000	Live Nation Entertainment Inc ‘144A’ 4.75% 15/10/2027	78,249	0.00
USD	437,000	Live Nation Entertainment Inc ‘144A’ 6.5% 15/5/2027	469,620	0.03
USD	353,000	Lumen Technologies Inc ‘144A’ 4% 15/2/2027	334,138	0.02
USD	764,000	Lumen Technologies Inc ‘144A’ 5.125% 15/12/2026	712,243	0.04
USD	226,000	Lumen Technologies Inc 6.75% 1/12/2023	234,743	0.01
USD	932,000	LYB International Finance III LLC 1.25% 1/10/2025	886,891	0.05
USD	185,000	Madison IAQ LLC ‘144A’ 4.125% 30/6/2028	174,849	0.01
USD	268,000	Matador Resources Co 5.875% 15/9/2026	272,564	0.02
USD	193,000	Match Group Holdings II LLC ‘144A’ 4.625% 1/6/2028	191,499	0.01
USD	389,000	Mauser Packaging Solutions Holding Co ‘144A’ 5.5% 15/4/2024	388,977	0.02
USD	150,000	Meritage Homes Corp 5.125% 6/6/2027	155,921	0.01
USD	153,000	MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc (Restricted) ‘144A’ 3.875% 15/2/2029	154,013	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	508,000	MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc (Restricted) 5.625% 1/5/2024	528,017	0.03
USD	295,000	MGM Growth Properties Operating Partnership LP / MGP Finance Co-Issuer Inc (Restricted) 5.75% 1/2/2027	319,883	0.02
USD	165,000	MGM Resorts International 5.75% 15/6/2025	171,598	0.01
USD	226,000	MGM Resorts International 6% 15/3/2023	233,204	0.01
USD	154,000	MicroStrategy Inc ‘144A’ 6.125% 15/6/2028	147,735	0.01
USD	198,000	Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd ‘144A’ 6.5% 20/6/2027	209,110	0.01
EUR	700,000	MMS USA Holdings Inc 0.625% 13/6/2025	780,694	0.04
USD	77,000	ModivCare Inc ‘144A’ 5.875% 15/11/2025	76,906	0.00
USD	2,300,000	Morgan Stanley FRN 10/11/2023	2,281,046	0.13
USD	3,200,000	Morgan Stanley FRN 25/1/2024	3,158,922	0.18
USD	1,800,000	Morgan Stanley FRN 22/1/2025	1,747,418	0.10
USD	4,500,000	Morgan Stanley FRN 28/4/2026	4,424,813	0.25
USD	2,755,000	Morgan Stanley FRN 21/1/2028	2,691,016	0.15
USD	4,777,250	Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10 ‘Series 2013-C10 A3FL’ ‘144A’ FRN 15/7/2046	4,780,626	0.27
USD	434,159	Morgan Stanley Bank of America Merrill Lynch Trust 2013-C10 ‘Series 2013-C10 ASB’ FRN 15/7/2046	439,112	0.03
USD	1,480,000	Morgan Stanley Bank of America Merrill Lynch Trust 2013-C13 ‘Series 2013-C13 A4’4.039% 15/11/2046	1,514,585	0.09
USD	1,455,000	Morgan Stanley Bank of America Merrill Lynch Trust 2014-C15 ‘Series 2014-C15 A4’4.051% 15/4/2047	1,494,476	0.08
USD	1,676,517	Morgan Stanley Bank of America Merrill Lynch Trust 2014-C18 ‘Series 2014-C18 ASB’ 3.621% 15/10/2047	1,706,022	0.10
USD	8,216,709	Morgan Stanley Bank of America Merrill Lynch Trust 2015-C20 ‘Series 2015-C20 A4’3.249% 15/2/2048	8,356,665	0.47
USD	2,625,000	Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 ‘Series 2015-C25 A4’3.372% 15/10/2048	2,662,596	0.15
USD	4,189,500	Morgan Stanley Bank of America Merrill Lynch Trust 2015-C25 ‘Series 2015-C25 A5’3.635% 15/10/2048	4,306,156	0.24
USD	7,000,000	Morgan Stanley Bank of America Merrill Lynch Trust 2015-C26 ‘Series 2015-C26 A4’3.252% 15/10/2048	7,074,031	0.40
USD	3,016,709	Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30 ‘Series 2016-C30 ASB’ 2.729% 15/9/2049	3,039,287	0.17
USD	3,000,000	Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31 ‘Series 2016-C31 A5’3.102% 15/11/2049	3,029,279	0.17
USD	3,465,000	Morgan Stanley Capital I Trust 2016-UB11 ‘Series 2016-UB11 A4’2.782% 15/8/2049	3,464,703	0.20
USD	120,000	MPH Acquisition Holdings LLC ‘144A’ 5.5% 1/9/2028	116,779	0.01
USD	1,995,000	MPLX LP 3.5% 1/12/2022	2,023,794	0.11
EUR	380,000	National Grid North America Inc 0.41% 20/1/2026	419,265	0.02
USD	109,000	Nationstar Mortgage Holdings Inc ‘144A’ 6% 15/1/2027	110,912	0.01
USD	102,000	Navient Corp 6.75% 15/6/2026	106,463	0.01
USD	232,424	Navient Private Education Loan Trust 2014-A ‘Series 2014-AA A2B’ ‘144A’ FRN 15/2/2029	232,826	0.01
USD	582,282	Navient Private Education Refi Loan Trust 2020-A ‘Series 2020-A A2B’ ‘144A’ FRN 15/11/2068	580,998	0.03

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	2,000,000	Navient Private Education Refi Loan Trust 2020-A ‘Series 2020- A B’ ‘144A’ 3.16% 15/11/2068	1,966,298	0.11
USD	387,196	Navient Student Loan Trust 2018-EA ‘Series 2018-EA A2’ ‘144A’ 4% 15/12/2059	392,843	0.02
USD	230,000	NCR Corp ‘144A’ 5% 1/10/2028	225,788	0.01
USD	2,500,000	Netflix Inc 4.375% 15/11/2026	2,636,500	0.15
USD	495,000	New Fortress Energy Inc ‘144A’ 6.5% 30/9/2026	475,371	0.03
USD	414,865	New Residential Mortgage Loan Trust 2016-3 ‘Series 2016-3A A1B’ ‘144A’ FRN 25/9/2056	421,094	0.02
USD	2,084,674	New Residential Mortgage Loan Trust 2018-1 ‘Series 2018-1A A1A’ ‘144A’ FRN 25/12/2057	2,141,474	0.12
USD	2,000,000	Newell Brands Inc 4.7% 1/4/2026	2,066,730	0.12
USD	2,374,000	NextEra Energy Capital Holdings Inc 1.875% 15/1/2027	2,276,643	0.13
USD	199,000	NextEra Energy Operating Partners LP ‘144A’ 4.25% 15/7/2024	200,930	0.01
USD	192,000	NFP Corp ‘144A’ 4.875% 15/8/2028	184,665	0.01
USD	79,000	NGL Energy Operating LLC / NGL Energy Finance Corp ‘144A’ 7.5% 1/2/2026	79,446	0.00
USD	245,000	Nielsen Finance LLC / Nielsen Finance Co ‘144A’ 5.625% 1/10/2028	235,185	0.01
USD	4,200,000	Nissan Motor Acceptance Co LLC ‘144A’ 2% 9/3/2026	3,956,010	0.22
USD	285,000	Northern Oil and Gas Inc ‘144A’ 8.125% 1/3/2028	295,991	0.02
USD	136,000	Northwest Fiber LLC / Northwest Fiber Finance Sub Inc ‘144A’ 4.75% 30/4/2027	125,748	0.01
USD	410,000	Novelis Corp ‘144A’ 3.25% 15/11/2026	392,085	0.02
USD	265,000	Nucor Corp 2% 1/6/2025	261,138	0.02
USD	162,000	NuStar Logistics LP 5.75% 1/10/2025	169,168	0.01
USD	319,000	Occidental Petroleum Corp 5.5% 1/12/2025	341,861	0.02
USD	755,000	Occidental Petroleum Corp 8.5% 15/7/2027	907,219	0.05
USD	1,415,000	ONE Gas Inc 1.1% 11/3/2024	1,382,579	0.08
USD	275,000	OneMain Finance Corp 6.625% 15/1/2028	291,999	0.02
USD	324,000	OneMain Finance Corp 7.125% 15/3/2026	348,669	0.02
USD	244,661	Onemain Financial Issuance Trust 2018-1 ‘Series 2018-1A A’ ‘144A’ 3.3% 14/3/2029	244,651	0.01
USD	5,055,000	Oracle Corp 1.65% 25/3/2026	4,813,338	0.27
USD	283,000	Organon & Co / Organon Foreign Debt Co-Issuer BV ‘144A’ 4.125% 30/4/2028	276,599	0.02
USD	160,000	Outfront Media Capital LLC / Outfront Media Capital Corp ‘144A’ 5% 15/8/2027	157,934	0.01
USD	116,000	P&L Development LLC / PLD Finance Corp ‘144A’ 7.75% 15/11/2025	111,020	0.01
USD	6,105,000	Pacific Gas and Electric Co 1.367% 10/3/2023	6,037,929	0.34
USD	953,000	Pacific Gas and Electric Co 3.45% 1/7/2025	957,478	0.05
USD	449,000	Par Pharmaceutical Inc ‘144A’ 7.5% 1/4/2027	448,776	0.03
USD	575,000	Parker-Hannifin Corp 2.7% 14/6/2024	581,127	0.03
USD	163,000	Pattern Energy Operations LP / Pattern Energy Operations Inc ‘144A’ 4.5% 15/8/2028	158,630	0.01
USD	77,000	PDC Energy Inc 5.75% 15/5/2026	78,267	0.00
USD	535,000	PeaceHealth Obligated Group 1.375% 15/11/2025	513,943	0.03

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	98,000	Penske Automotive Group Inc 3.5% 1/9/2025	96,657	0.01
USD	1,285,000	Penske Truck Leasing Co Lp / PTL Finance Corp ‘144A’ 1.7% 15/6/2026	1,229,243	0.07
USD	200,000	Periama Holdings LLC/DE 5.95% 19/4/2026	204,750	0.01
USD	403,000	PetSmart Inc / PetSmart Finance Corp ‘144A’ 4.75% 15/2/2028	398,138	0.02
USD	227,000	Picasso Finance Sub Inc ‘144A’ 6.125% 15/6/2025	233,830	0.01
USD	145,000	Pioneer Natural Resources Co 0.55% 15/5/2023	142,907	0.01
USD	1,395,000	Pioneer Natural Resources Co 1.125% 15/1/2026	1,318,282	0.07
USD	255,000	Post Holdings Inc ‘144A’ 5.625% 15/1/2028	257,811	0.01
USD	82,000	Powdr Corp ‘144A’ 6% 1/8/2025	84,656	0.01
USD	200,000	PRA Health Sciences Inc ‘144A’ 2.875% 15/7/2026	192,315	0.01
USD	163,000	Prime Healthcare Services Inc ‘144A’ 7.25% 1/11/2025	165,614	0.01
USD	76,000	Prime Security Services Borrower LLC / Prime Finance Inc ‘144A’ 5.25% 15/4/2024	77,425	0.00
USD	322,000	Prime Security Services Borrower LLC / Prime Finance Inc ‘144A’ 5.75% 15/4/2026	330,955	0.02
USD	205,000	PTC Inc ‘144A’ 3.625% 15/2/2025	204,497	0.01
USD	195,000	PulteGroup Inc 5% 15/1/2027	211,510	0.01
USD	536,000	Radiate Holdco LLC / Radiate Finance Inc ‘144A’ 4.5% 15/9/2026	508,115	0.03
USD	80,000	Raptor Acquisition Corp / Raptor Co-Issuer LLC ‘144A’ 4.875% 1/11/2026	77,630	0.00
USD	133,000	Rattler Midstream LP ‘144A’ 5.625% 15/7/2025	135,519	0.01
USD	160,000	RHP Hotel Properties LP / RHP Finance Corp ‘144A’ 4.5% 15/2/2029	151,000	0.01
USD	173,000	RHP Hotel Properties LP / RHP Finance Corp 4.75% 15/10/2027	169,307	0.01
USD	82,000	RLJ Lodging Trust LP ‘144A’ 3.75% 1/7/2026	79,244	0.00
USD	42,000	Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc ‘144A’ 2.875% 15/10/2026	39,120	0.00
USD	1,665,000	Ryder System Inc 2.85% 1/3/2027	1,656,822	0.09
USD	1,702,000	Sabine Pass Liquefaction LLC 5.75% 15/5/2024	1,808,028	0.10
USD	120,000	Sabre GLBL Inc ‘144A’ 7.375% 1/9/2025	123,455	0.01
USD	204,000	Sabre GLBL Inc ‘144A’ 9.25% 15/4/2025	229,677	0.01
USD	700,000	Santander Holdings USA Inc 3.5% 7/6/2024	713,199	0.04
USD	522,000	SBA Communications Corp 3.875% 15/2/2027	524,051	0.03
USD	305,000	Scientific Games International Inc ‘144A’ 5% 15/10/2025	309,584	0.02
USD	1,315,000	Sealed Air Corp ‘144A’ 5.125% 1/12/2024	1,359,368	0.08
USD	147,000	Sealed Air Corp ‘144A’ 5.5% 15/9/2025	153,066	0.01
USD	2,152,391	Seasoned Credit Risk Transfer Trust Series 2018-3 ‘Series 2018-3 MA’ FRN 25/8/2057	2,205,350	0.12
USD	3,408,694	Seasoned Credit Risk Transfer Trust Series 2019-4 ‘Series 2019-4 MA’ 3% 25/2/2059	3,440,609	0.19
USD	247,718	Sequoia Mortgage Trust 2017-CH1 ‘Series 2017-CH1 A2’ ‘144A’ FRN 25/8/2047	248,559	0.01
USD	201,000	Service Corp International/US 4.625% 15/12/2027	204,260	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	71,000	Service Properties Trust 5.5% 15/12/2027	69,580	0.00
USD	76,000	Service Properties Trust 7.5% 15/9/2025	79,895	0.00
USD	750,750	Sesac Finance LLC ‘Series 2019-1 A2’ ‘144A’ 5.216% 25/7/2049	764,074	0.04
USD	86,000	Sinclair Television Group Inc ‘144A’ 5.125% 15/2/2027	78,421	0.00
USD	397,000	Sirius XM Radio Inc ‘144A’ 3.125% 1/9/2026	380,128	0.02
USD	348,000	Sirius XM Radio Inc ‘144A’ 4% 15/7/2028	333,864	0.02
USD	276,000	Six Flags Theme Parks Inc ‘144A’ 7% 1/7/2025	289,775	0.02
USD	550,000	SK Battery America Inc 2.125% 26/1/2026	524,513	0.03
USD	42,000	SLM Corp 3.125% 2/11/2026	40,171	0.00
USD	6,225,586	SLM Private Credit Student Loan Trust 2005-A ‘Series 2005-A A4’ FRN 15/12/2038	6,102,543	0.34
USD	4,238,025	SLM Private Credit Student Loan Trust 2005-B ‘Series 2005-B A4’ FRN 15/6/2039	4,142,901	0.23
USD	4,168,035	SLM Private Credit Student Loan Trust 2006-A ‘Series 2006-A A5’ FRN 15/6/2039	4,050,259	0.23
USD	2,240,966	SLM Private Credit Student Loan Trust 2006-B ‘Series 2006-B A5’ FRN 15/12/2039	2,187,175	0.12
USD	1,226,094	SLM Private Credit Student Loan Trust 2007-A ‘Series 2007-A A4A’ FRN 16/12/2041	1,205,101	0.07
USD	4,584,301	SLM Private Education Loan Trust 2010-C ‘Series 2010-C A5’ ‘144A’ FRN 15/10/2041	5,089,155	0.29
USD	991,485	SLM Student Loan Trust 2013-4 ‘Series 2013-4 A’ FRN 25/6/2043	980,440	0.06
USD	77,000	SM Energy Co 6.5% 15/7/2028	78,823	0.00
USD	76,000	SM Energy Co 6.75% 15/9/2026	76,583	0.00
USD	24,920	SMB Private Education Loan Trust 2015-C ‘Series 2015-C A2A’ ‘144A’ 2.75% 15/7/2027	24,942	0.00
USD	2,313,724	SMB Private Education Loan Trust 2017-A ‘Series 2017-A A2B’ ‘144A’ FRN 15/9/2034	2,321,424	0.13
USD	596,644	SMB Private Education Loan Trust 2020-A ‘Series 2020-A A2B’ ‘144A’ FRN 15/9/2037	590,991	0.03
USD	5,611,595	SMB Private Education Loan Trust 2020-PTB ‘Series 2020-PTB A2A’ ‘144A’ 1.6% 15/9/2054	5,482,652	0.31
USD	2,037,323	SMB Private Education Loan Trust 2021-A ‘Series 2021-A APL’ ‘144A’ 15/1/2053 (Zero Coupon)	2,018,582	0.11
USD	950,000	SMB Private Education Loan Trust 2021-A ‘Series 2021-A B’ ‘144A’ 2.31% 15/1/2053	912,761	0.05
USD	3,588,449	SMB Private Education Loan Trust 2021-C ‘Series 2021-C APT1’ ‘144A’ 1.39% 15/1/2053	3,367,619	0.19
USD	71,285	SoFi Professional Loan Program 2016-C LLC ‘Series 2016-C A2B’ ‘144A’ 2.36% 27/12/2032	71,486	0.00
USD	147,900	SoFi Professional Loan Program 2016-D LLC ‘Series 2016-D A2B’ ‘144A’ 2.34% 25/4/2033	148,522	0.01
USD	185,316	Sofi Professional Loan Program 2016-E LLC ‘Series 2016-E A2B’ ‘144A’ 2.49% 25/1/2036	185,722	0.01
USD	1,457,599	SoFi Professional Loan Program 2017-D LLC ‘Series 2017-D A2FX’ ‘144A’ 2.65% 25/9/2040	1,463,157	0.08
USD	2,129,385	Sofi Professional Loan Program 2018-C Trust ‘Series 2018-C A2FX’ ‘144A’ 3.59% 25/1/2048	2,159,382	0.12

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	1,965,650	Sofi Professional Loan Program 2018-D Trust ‘Series 2018-D A2FX’ ‘144A’ 3.6% 25/2/2048	1,978,750	0.11
USD	1,515,000	Sonoco Products Co 2.25% 1/2/2027	1,471,484	0.08
USD	419,000	Sotheby‘s ‘144A’ 7.375% 15/10/2027	433,717	0.02
USD	33,393	Soundview Home Loan Trust 2003-2 ‘Series 2003-2 A2’ FRN 25/11/2033	33,291	0.00
USD	171,000	Specialty Building Products Holdings LLC / SBP Finance Corp ‘144A’ 6.375% 30/9/2026	172,465	0.01
USD	84,000	Spirit AeroSystems Inc ‘144A’ 5.5% 15/1/2025	85,994	0.01
USD	284,000	Sprint Corp 7.625% 15/2/2025	314,899	0.02
USD	314,000	Sprint Corp 7.625% 1/3/2026	357,178	0.02
USD	437,000	Sprint Corp 7.875% 15/9/2023	470,354	0.03
USD	2,417,188	Sprint Spectrum Co LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC ‘144A’ 4.738% 20/3/2025	2,501,721	0.14
USD	317,000	SRM Escrow Issuer LLC ‘144A’ 6% 1/11/2028	317,602	0.02
USD	284,000	SRS Distribution Inc ‘144A’ 4.625% 1/7/2028	269,465	0.02
USD	545,000	SS&C Technologies Inc ‘144A’ 5.5% 30/9/2027	558,625	0.03
USD	317,000	Standard Industries Inc/NJ ‘144A’ 5% 15/2/2027	319,181	0.02
USD	246,000	Staples Inc ‘144A’ 7.5% 15/4/2026	243,624	0.01
USD	62,000	Starwood Property Trust Inc ‘144A’ 4.375% 15/1/2027	59,997	0.00
USD	74,000	Starwood Property Trust Inc ‘144A’ 5.5% 1/11/2023	75,292	0.00
USD	165,000	Steel Dynamics Inc 2.4% 15/6/2025	163,894	0.01
USD	104,000	Stevens Holding Co Inc ‘144A’ 6.125% 1/10/2026	107,766	0.01
USD	76,000	Summit Midstream Holdings LLC / Summit Midstream Finance Corp ‘144A’ 8.5% 15/10/2026	76,167	0.00
USD	330,000	Switch Ltd ‘144A’ 3.75% 15/9/2028	310,763	0.02
USD	2,115,000	Synchrony Financial 4.5% 23/7/2025	2,212,735	0.12
USD	172,000	Syneos Health Inc ‘144A’ 3.625% 15/1/2029	159,401	0.01
USD	326,000	Tap Rock Resources LLC ‘144A’ 7% 1/10/2026	327,348	0.02
USD	71,000	Taylor Morrison Communities Inc ‘144A’ 5.875% 15/6/2027	74,383	0.00
USD	335,000	Tenet Healthcare Corp ‘144A’ 4.625% 1/9/2024	340,100	0.02
USD	80,000	Tenet Healthcare Corp ‘144A’ 4.625% 15/6/2028	78,264	0.00
USD	533,000	Tenet Healthcare Corp ‘144A’ 4.875% 1/1/2026	534,547	0.03
USD	315,000	TerraForm Power Operating LLC ‘144A’ 4.25% 31/1/2023	315,402	0.02
EUR	565,000	Thermo Fisher Scientific Inc 2% 15/4/2025	659,455	0.04
USD	472,000	TK Elevator US Newco Inc ‘144A’ 5.25% 15/7/2027	471,653	0.03
USD	1,530,000	T-Mobile USA Inc 1.5% 15/2/2026	1,458,463	0.08
USD	162,000	T-Mobile USA Inc 2.625% 15/4/2026	157,416	0.01
USD	427,000	T-Mobile USA Inc 2.625% 15/2/2029	402,813	0.02
USD	444,290	Towd Point Mortgage Trust 2016-4 ‘Series 2016-4 A1’ ‘144A’ FRN 25/7/2056	445,405	0.03
USD	74,000	Travel + Leisure Co ‘144A’ 6.625% 31/7/2026	78,941	0.00
USD	113,000	Tri Pointe Homes Inc 5.25% 1/6/2027	113,000	0.01
USD	182,000	Triumph Group Inc ‘144A’ 8.875% 1/6/2024	194,281	0.01
USD	156,000	Twitter Inc ‘144A’ 3.875% 15/12/2027	152,474	0.01

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	380,000	Uber Technologies Inc ‘144A’ 6.25% 15/1/2028	387,283	0.02
USD	390,000	Uber Technologies Inc ‘144A’ 7.5% 15/9/2027	417,204	0.02
USD	2,900,000	UBS Commercial Mortgage Trust 2017-C1 ‘Series 2017-C1 A4’3.46% 15/6/2050	2,968,763	0.17
USD	5,548,000	UBS Commercial Mortgage Trust 2017-C2 ‘Series 2017-C2 A3’3.225% 15/8/2050	5,597,977	0.32
USD	4,151,000	UBS Commercial Mortgage Trust 2017-C5 ‘Series 2017-C5 A4’3.212% 15/11/2050	4,178,407	0.24
USD	1,177,845	United Airlines 2020-1 Class A Pass Through Trust 5.875% 15/10/2027	1,245,511	0.07
USD	190,080	United Airlines 2020-1 Class B Pass Through Trust 4.875% 15/1/2026	194,527	0.01
USD	376,000	United Airlines Inc ‘144A’ 4.375% 15/4/2026	375,423	0.02
USD	34,477,900	United States Treasury Note/Bond 0.125% 30/11/2022	34,281,268	1.93
USD	76,000,000	United States Treasury Note/Bond 0.125% 31/12/2022	75,476,016	4.25
USD	22,000,000	United States Treasury Note/Bond 0.125% 31/1/2023*	21,801,625	1.23
USD	3,900,000	United States Treasury Note/Bond 0.375% 15/7/2024	3,793,359	0.21
USD	16,465,000	United States Treasury Note/Bond 0.375% 15/8/2024	15,941,786	0.90
USD	146,000,000	United States Treasury Note/Bond 0.5% 15/3/2023	145,121,719	8.16
USD	19,600,000	United States Treasury Note/Bond 0.625% 15/10/2024*	19,045,305	1.07
USD	58,500,000	United States Treasury Note/Bond 0.75% 15/11/2024	56,957,519	3.20
USD	22,000,000	United States Treasury Note/Bond 1.75% 15/8/2041	20,030,313	1.13
USD	15,000,000	United States Treasury Note/Bond 2% 15/2/2023*	15,135,352	0.85
USD	170,000	Uniti Group LP / Uniti Group Finance Inc/CSL Capital LLC ‘144A’ 4.75% 15/4/2028	161,188	0.01
USD	119,000	Univision Communications Inc ‘144A’ 6.625% 1/6/2027	124,653	0.01
USD	2,700,000	US Bancorp FRN 27/1/2028	2,648,776	0.15
USD	577,000	USA Compression Partners LP / USA Compression Finance Corp 6.875% 1/4/2026	578,238	0.03
USD	75,000	Vail Resorts Inc ‘144A’ 6.25% 15/5/2025	77,350	0.00
USD	355,000	VeriSign Inc 5.25% 1/4/2025	380,304	0.02
USD	445,000	Veritas US Inc / Veritas Bermuda Ltd ‘144A’ 7.5% 1/9/2025	437,353	0.03
USD	5,200,000	Verizon Communications Inc 2.1% 22/3/2028	4,979,480	0.28
USD	477,000	Viasat Inc ‘144A’ 5.625% 15/4/2027	477,143	0.03
USD	400,000	VICI Properties LP / VICI Note Co Inc ‘144A’ 3.75% 15/2/2027	397,834	0.02
USD	429,000	VICI Properties LP / VICI Note Co Inc ‘144A’ 4.25% 1/12/2026	432,908	0.02
USD	362,000	Vistra Operations Co LLC ‘144A’ 5.625% 15/2/2027	368,889	0.02
USD	76,000	Vizient Inc ‘144A’ 6.25% 15/5/2027	78,587	0.00
USD	2,990,000	VMware Inc 1.4% 15/8/2026	2,817,516	0.16
USD	82,000	Wabash National Corp ‘144A’ 4.5% 15/10/2028	77,593	0.00
USD	1,821,019	Wells Fargo Commercial Mortgage Trust 2014-LC16 ‘Series 2014-LC16 ASB’ 3.477% 15/8/2050	1,848,188	0.10
USD	4,004,000	Wells Fargo Commercial Mortgage Trust 2015-C27 ‘Series 2015-C27 A5’3.451% 15/2/2048	4,070,861	0.23
USD	1,579,000	Wells Fargo Commercial Mortgage Trust 2015-NXS1 ‘Series 2015-NXS1 A5’ 3.148% 15/5/2048	1,592,457	0.09

保有高		銘柄	時価 (米ドル)	純資産比率 (%)
		米国(続き)
USD	4,765,000	Wells Fargo Commercial Mortgage Trust 2016-NXS5 ‘Series 2016-NXS5 A5’ 3.372% 15/1/2059	4,865,230	0.27
USD	3,075,000	Wells Fargo Commercial Mortgage Trust 2016-NXS5 ‘Series 2016-NXS5 A6’ 3.635% 15/1/2059	3,155,656	0.18
USD	4,996,000	Wells Fargo Commercial Mortgage Trust 2017-C39 ‘Series 2017-C39 A5’3.418% 15/9/2050	5,129,394	0.29
USD	329,000	Western Midstream Operating LP 4.65% 1/7/2026	339,995	0.02
USD	202,000	Western Midstream Operating LP 4.75% 15/8/2028	210,000	0.01
USD	2,412,530	WFRBS Commercial Mortgage Trust 2014-C21 ‘Series 2014-C21 ASB’ 3.393% 15/8/2047	2,447,253	0.14
USD	100,000	William Carter Co/The ‘144A’ 5.625% 15/3/2027	101,400	0.01
USD	216,000	Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp ‘144A’ 5.25% 15/5/2027	215,474	0.01
USD	991,000	Zayo Group Holdings Inc ‘144A’ 4% 1/3/2027	938,621	0.05
USD	170,000	ZoomInfo Technologies LLC/ZoomInfo Finance Corp ‘144A’ 3.875% 1/2/2029	159,646	0.01
			1,139,288,781	64.07
		ウルグアイ
USD	370,374	Uruguay Government International Bond 4.375% 27/10/2027	399,947	0.02
債券合計			1,681,385,288	94.56
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			1,713,296,793	96.36
その他の譲渡可能な有価証券
債券
		米国
USD	106,820	LFRF ‘2015-1’ ‘144A’4% 30/10/2027**	103,781	0.00
債券合計			103,781	0.00
その他の譲渡可能な有価証券合計			103,781	0.00
投資有価証券合計			1,713,400,574	96.36
その他の純資産			64,664,863	3.64
純資産合計(米ドル)			1,778,065,437	100.00

* 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)
CAD	5,622,077	USD	4,500,000	Barclays	16/3/2022	(75,487)
EUR	1,473,000	USD	1,653,529	Royal Bank of Canada	16/3/2022	691
EUR	14,000,000	USD	15,810,626	Morgan Stanley	16/3/2022	(88,230)
EUR	635,113	USD	717,000	UBS	16/3/2022	(3,750)
EUR	657,000	USD	746,720	State Street	16/3/2022	(8,890)
USD	397,348	AUD	557,000	Morgan Stanley	16/3/2022	(5,985)
USD	4,867,826	CAD	6,204,985	Morgan Stanley	16/3/2022	(15,429)
USD	1,883,945	EUR	1,675,000	Royal Bank of Canada	16/3/2022	2,872
USD	1,790,865	EUR	1,592,000	ANZ	16/3/2022	3,004
USD	7,712,180	EUR	6,790,000	BNY Mellon	16/3/2022	86,818
USD	742,883	EUR	655,000	Citibank	16/3/2022	7,300
USD	121,844	EUR	107,000	Morgan Stanley	16/3/2022	1,679
USD	293,052	EUR	258,000	BNP Paribas	16/3/2022	3,311
USD	158,981,033	EUR	140,393,000	HSBC Bank Plc	16/3/2022	1,315,722
USD	6,680,590	GBP	4,924,000	Morgan Stanley	16/3/2022	76,139
USD	3,283,239	GBP	2,429,000	Societe Generale	16/3/2022	25,276
USD	972,962	GBP	728,000	BNY Mellon	16/3/2022	(3,488)
USD	3,541,503	GBP	2,632,000	Deutsche Bank	16/3/2022	11,261
USD	118,768,599	GBP	89,563,000	JP Morgan	16/3/2022	(1,360,244)
GBP	61,093	EUR	73,000	Royal Bank of Canada	20/5/2022	(239)
USD	559,021	EUR	490,464	BNY Mellon	20/5/2022	6,913
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
EUR	217,669,550	USD	248,954,093	BNY Mellon	15/3/2022	(4,513,004)
USD	43,659,934	EUR	38,342,110	BNY Mellon	15/3/2022	602,173
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
SGD	268,264	USD	199,934	BNY Mellon	15/3/2022	(2,374)
USD	2,101	SGD	2,836	BNY Mellon	15/3/2022	13
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)	EUR	Euro Bund	2022年3月	15,376
(140)	EUR	Euro Schatz	2022年3月	19,939
(268)	EUR	Euro BOBL	2022年3月	537,286
(314)	EUR	Short-Term Euro-BTP	2022年3月	(215,974)
4,027	USD	US Treasury 2 Year Note (CBT)	2022年6月	1,553,876
(12)	USD	US Treasury 2 Year Note (CBT)	2022年6月	(7,125)
(17)	USD	US Long Bond (CBT)	2022年6月	(24,378)
(17)	USD	US Treasury 10 Year Note (CBT)	2022年6月	(17,986)
(58)	USD	US Ultra Bond (CBT)	2022年6月	(42,097)
(103)	USD	US Treasury 10 Year Note (CBT)	2022年6月	(77,783)
(170)	USD	US Treasury 5 Year Note (CBT)	2022年6月	(125,772)
(329)	USD	US Ultra 10 Year Note	2022年6月	(377,550)
(2,003)	USD	US 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)
CDS	USD 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 America	20/12/2026	145,269	(258,623)
CDS	USD (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 America	20/12/2026	(11,256)	441,465
IRS	USD 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 America	15/2/2029	(61,315)	(61,198)
IRS	USD 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 America	15/11/2031	55,321	58,673
IRS	USD 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 America	15/11/2048	(21,424)	(19,890)
合計					106,595	160,427

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 17,190,000	Fannie Mae or Freddie Mac ‘3 3/22’ 3% TBA	17,248,419	0.97
TBA合計		17,248,419	0.97

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。

有価証券報告書(内国投資信託受益証券)-第31期(2022/04/21-2022/10/20)

開示資料

決算