半期報告書(内国投資信託受益証券)-第3期(平成29年8月26日-平成30年8月27日)

(3)【中間注記表】

(重要な会計方針に係る事項に関する注記)

区分	第3期中間計算期間 自 平成29年 8月26日 至 平成30年 2月25日
1.有価証券の評価基準及び評価方法	投資信託受益証券
	移動平均法に基づき、時価で評価しております。 時価評価にあたっては、投資信託受益証券の基準価額に基づいて評価しております。
	親投資信託受益証券
	移動平均法に基づき、時価で評価しております。 時価評価にあたっては、親投資信託受益証券の基準価額に基づいて評価しております。
2.収益及び費用の計上基準	受取配当金
	原則として、投資信託受益証券の収益分配金落ち日において、当該収益分配金額を計上しております。

(中間貸借対照表に関する注記)

第2期計算期間末 平成29年 8月25日現在				第3期中間計算期間末 平成30年 2月25日現在
1.	計算期間末日における受益権の総数			1.	中間計算期間末日における受益権の総数
			85,759,549口				10,484,793,287口
2.	投資信託財産計算規則第55条の6第1項第10号に規定する額			2.	投資信託財産計算規則第55条の6第1項第10号に規定する額
		-				元本の欠損 111,584,929円
3.	計算期間末日における1単位当たりの純資産の額			3.	中間計算期間末日における1単位当たりの純資産の額
		1口当たり純資産額	1.0002円			1口当たり純資産額	0.9894円
		(1万口当たり純資産額)	(10,002円)			(1万口当たり純資産額)	(9,894円)

(中間損益及び剰余金計算書に関する注記)

区分	第2期中間計算期間 自 平成28年 8月26日 至 平成29年 2月25日	第3期中間計算期間 自 平成29年 8月26日 至 平成30年 2月25日
委託者報酬	当ファンドの信託財産の運用指図に関する権限を委託するための費用988,993円。	当ファンドの信託財産の運用指図に関する権限を委託するための費用34,974,301円。

(金融商品に関する注記)

金融商品の時価等に関する事項

第2期計算期間末 平成29年 8月25日現在	第3期中間計算期間末 平成30年 2月25日現在
1.貸借対照表計上額、時価及び差額	1.中間貸借対照表計上額、時価及び差額
貸借対照表上の金融商品は、原則としてすべて時価評価されているため、貸借対照表計上額と時価との差額はありません。	中間貸借対照表上の金融商品は、原則としてすべて時価評価されているため、中間貸借対照表計上額と時価との差額はありません。
2.時価の算定方法	2.時価の算定方法
投資信託受益証券 「(重要な会計方針に係る事項に関する注記)」に記載しております。 親投資信託受益証券 「(重要な会計方針に係る事項に関する注記)」に記載しております。 コール・ローン等の金銭債権及び金銭債務 これらの科目は短期間で決済されるため、帳簿価額は時価に近似していることから、当該帳簿価額を時価としております。	同左
3.金融商品の時価等に関する事項についての補足説明	3.金融商品の時価等に関する事項についての補足説明
市場価額がない、又は市場価格を時価と見なせない場合には、経営者により合理的に算定された価額で評価する場合があります。	同左

(その他の注記)

1 元本の移動

区分	第2期計算期間末 平成29年 8月25日現在	第3期中間計算期間末 平成30年 2月25日現在
期首元本額	90,850,000円	85,759,549円
期中追加設定元本額	230,429,581円	10,920,037,310円
期中一部解約元本額	235,520,032円	521,003,572円

2 デリバティブ取引等関係
取引の時価等に関する事項
該当事項はありません。

(参考)
当ファンドは、「ピムコ・バミューダ・インカム・ファンドA クラスS(JPY)」受益証券及び「日本短期公社債マザーファンド」受益証券を主要投資対象としており、中間貸借対照表の資産の部に計上された「投資信託受益証券」は、すべて「ピムコ・バミューダ・インカム・ファンドA クラスS(JPY)」の受益証券であり、「親投資信託受益証券」は、すべて「日本短期公社債マザーファンド」の受益証券であります。
各ファンドの状況は次の通りであります。
なお、以下に記載した情報は監査の対象外であります。
「ピムコ・バミューダ・インカム・ファンドA クラスS(JPY)」は、「ピムコ・バミューダ・インカム・ファンドA」の個別クラスとなっております。
「ピムコ・バミューダ・インカム・ファンドA」は、バミューダの法律に基づき設立された外国証券投資信託であります。同ファンドの平成29年10月31日現在の財務書類は、米国で一般的に認められている会計基準に準拠して作成されており、独立監査人の監査を受けております。
同ファンドの「資産・負債計算書」、「損益計算書」、「純資産変動計算書」及び「投資有価証券明細表」は、同ファンドの管理事務代行会社兼保管受託銀行であるブラウン・ブラザーズ・ハリマン・アンド・カンパニーから入手した財務書類の原文の一部を翻訳・抜粋したものであります。

(1)資産・負債計算書
(単位:受益証券数を除き、千米ドル)

	2017年10月31日現在
資産:
投資-評価額
有価証券投資	363,808
関連当事者に係る投資	7,757,222
金融デリバティブ商品
店頭	9,266
現金	160
取引相手方への預託金	27,758
外国為替-評価額	0
売却済投資に係る未収金	64
関連当事者に係る売却済投資に係る未収金	30
売却済ファンド受益証券に係る未収金	206,219
未収利息および未収配当金	7
	8,364,534
負債:
金融デリバティブ商品
店頭	66,780
購入済投資に係る未払金	0
関連当事者に係る購入済投資に係る未払金	183,007
未払利息	6
取引相手方からの預託金	0
償還済ファンド受益証券に係る未払金	22,451
運用手数料未払金	27
助言手数料未払金	26
管理手数料未払金	10
販売手数料未払金	24
弁護士費用未払金	0
	272,331
純資産	8,092,203
有価証券投資の取得原価	363,807
関連当事者に係る投資の取得原価	7,491,408
外国為替の取得原価	0
金融デリバティブ商品の取得原価またはプレミアム-純額	0
クラスS(JPY)
純資産	542,652

ゼロ残高は、千単位未満に四捨五入された実際値を反映している場合があります。
(2)損益計算書
(単位:千米ドル)

	2017年10月31日終了年度
投資収益:
利息-外国税引後純額*	288
雑収入	660
収益合計	948
費用:
助言手数料-クラスT(JPY)	53	(1)
運用手数料-クラスP(JPY)	134	(2)
運用手数料-クラスX(JPY)	52
管理手数料-クラスT(JPY)	20	(1)
販売手数料-クラスP(JPY)	134	(2)
支払利息	119
弁護士費用	0
雑費	2
費用合計	514
純投資収益	434
実現純利益(損失):
有価証券投資	4
関連当事者に係る投資	150,346
店頭金融デリバティブ商品	(226,274)
外国為替	(25)
実現純(損失)	(75,949)
未実現利益(損失)純変動額:
有価証券投資	0
関連当事者に係る投資	144,148
店頭金融デリバティブ商品	(3,058)
外貨資産および負債	(63)
未実現利益純変動額	141,027
純利益	65,078
営業による純資産の純増加額	65,512
*外国源泉徴収税	0

ゼロ残高は、千単位未満に四捨五入された実際値を反映している場合があります。
(1) 2017年8月31日(ファンド設定日)から2017年10月31日までの期間です。
(2) 2017年5月18日(ファンド設定日)から2017年10月31日までの期間です。

(3)純資産変動計算書
(単位:千米ドル)

	2017年10月31日終了年度
純資産の増加(減少)の要因:
営業:
純投資収益	434
実現純(損失)	(75,949)
未実現利益純変動額	141,027
営業による純増加額	65,512
受益証券保有者への分配金額合計	(258,627)
ファンド受益証券取引:
ファンド受益証券取引による純増加額	5,937,650
純資産純増加額合計	5,744,535
純資産:
期首時点	2,347,668
期末時点	8,092,203

ゼロ残高は、千単位未満に四捨五入された実際値を反映している場合があります。
(4)投資有価証券明細表
ピムコ・バミューダ・インカム・ファンドA
2017年10月31日現在

		額面 (千通貨)	時価 (千米ドル)
有価証券投資 4.5%
短期金融商品 4.5%
預金 4.2%
ANZ National Bank
0.680% due 11/01/2017	USD	397	397
Bank of Nova Scotia
0.680% due 11/01/2017		34,117	34,117
Brown Brothers Harriman & Co.
0.680% due 11/01/2017		69	69
Citibank N.A.
0.680% due 11/01/2017		42,223	42,223
DBS Bank Ltd.
0.680% due 11/01/2017		49,984	49,984
Deutsche Bank AG
0.680% due 11/01/2017		31,371	31,371
DnB NORBank ASA
0.680% due 11/01/2017		11,513	11,513
JPMorgan Chase & Co.
0.680% due 11/01/2017		84,992	84,992
Wells Fargo Bank
0.680% due 11/01/2017		85,255	85,255
			339,921
米国短期国債 0.3%(b)
1.008% due 11/30/2017		9,200	9,193
1.033% due 11/16/2017		14,700	14,694
			23,887
短期金融商品合計			363,808
(取得原価 363,807千米ドル)
有価証券投資合計			363,808
(取得原価 363,807千米ドル)
		受益証券口数 (単位:千)
関連当事者に係る投資 95.9%
投資信託 95.9%
PIMCO Bermuda Income Fund (M)
(取得原価 7,491,408千米ドル)		611,286	7,757,222
関連当事者に係る投資合計			7,757,222
(取得原価 7,491,408千米ドル)
投資合計 100.4%			8,121,030
(取得原価 7,855,215千米ドル)
金融デリバティブ商品(a)(0.7%)			(57,514)
(取得原価またはプレミアム(純額) 0千米ドル)
その他の資産および負債(純額) 0.3%			28,687
純資産 100.0%			8,092,203

*ゼロ残高は、千単位未満に四捨五入された実際値を反映している場合があります。

(a)金融デリバティブ商品:店頭
為替予約契約:

取引相手方	決済月	外貨引渡額(千通貨)		外貨受取額(千通貨)		未実現評価益(評価損)
						資産(千米ドル)	負債(千米ドル)
HUS	11/2017	JPY	5,421,051	USD	47,864	161	(5)
HUS	11/2017		6,555,894		57,592	0	(103)
HUS	11/2017		6,111,150		53,788	1	(3)
HUS	11/2017		88,673		783	3	0
HUS	11/2017		41,894		369	0	0
						165	(111)

クラスF(JPY)、クラスJ(JPY)、クラスN(JPY)、クラスP(JPY)、クラスS(JPY)、クラスT(JPY)、クラスX(JPY)、クラスY(JPY)およびクラスZ(JPY)為替予約契約:

取引相手方	決済月	外貨引渡額(千通貨)		外貨受取額(千通貨)		未実現評価益(評価損)
						資産(千米ドル)	負債(千米ドル)
BOA	11/2017	USD	488,503	JPY	54,936,460	0	(5,036)
BPS	11/2017	JPY	106,834,616	USD	941,689	1,492	0
BPS	11/2017	USD	1,983,779	JPY	223,261,869	306	(19,271)
BPS	12/2017		942,932		106,834,616	0	(1,379)
CBK	11/2017	JPY	231,063,343	USD	2,031,246	0	(2,226)
CBK	11/2017		6,000,074		52,905	102	0
CBK	11/2017	USD	1,966,147	JPY	221,469,294	21	(17,129)
CBK	12/2017		2,086,986		237,063,417	2,395	(98)
FBF	11/2017		31,197		3,513,401	0	(277)
GLM	11/2017		1,510,371		169,961,909	10	(14,632)
HUS	11/2017	JPY	69,319,003	USD	607,848	0	(2,193)
HUS	11/2017	USD	236,312	JPY	26,883,768	280	(2)
HUS	11/2017		52,986		6,000,074	0	(183)
HUS	12/2017		608,673		69,319,003	2,248	0
RBC	11/2017		144,526		16,222,403	0	(1,761)
SCX	11/2017	JPY	213,483,812	USD	1,880,418	1,655	0
SCX	11/2017	USD	66,007	JPY	7,448,478	0	(456)
SCX	12/2017		1,882,968		213,483,812	0	(1,497)
TOR	11/2017	JPY	95,533,952	USD	841,338	592	0
TOR	12/2017	USD	842,487	JPY	95,533,952	0	(529)
						9,101	(66,669)
為替予約契約合計						9,266	(66,780)

金融デリバティブ商品:店頭(要約)
以下は、2017年10月31日現在の、店頭金融デリバティブ商品および差入/(受入)担保の評価額の取引相手方別の要約です。
(b)2017年10月31日現在、市場価額合計8,036千米ドルの有価証券と27,758千米ドルの現金が、国際スワップデリバティブ協会のマスター契約により規定された金融デリバティブ商品に対する担保として差し入れられました。
(単位:千米ドル)

	金融デリバティブ資産				金融デリバティブ負債
取引 相手方	為替予約 契約	買建 オプション	スワップ 契約	店頭 合計	為替予約 契約	売建 オプション	スワップ 契約	店頭 合計	店頭 デリバ ティブ の評価 純額	差入/ (受入) 担保	エクス ポージャー 純額(1)
BOA	0	0	0	0	(5,036)	0	0	(5,036)	(5,036)	3,118	(1,918)
BPS	1,798	0	0	1,798	(20,650)	0	0	(20,650)	(18,852)	12,063	(6,789)
CBK	2,518	0	0	2,518	(19,453)	0	0	(19,453)	(16,935)	10,227	(6,708)
FBF	0	0	0	0	(277)	0	0	(277)	(277)	290	13
GLM	10	0	0	10	(14,632)	0	0	(14,632)	(14,622)	8,724	(5,898)
HUS	2,693	0	0	2,693	(2,489)	0	0	(2,489)	204	0	204
RBC	0	0	0	0	(1,761)	0	0	(1,761)	(1,761)	1,142	(619)
SCX	1,655	0	0	1,655	(1,953)	0	0	(1,953)	(298)	230	(68)
TOR	592	0	0	592	(529)	0	0	(529)	63	0	63
店頭 合計	9,266	0	0	9,266	(66,780)	0	0	(66,780)

(1)エクスポージャー純額は、債務不履行の事象の際に、取引相手方からの債権/取引相手方への(債務)の純額を表します。店頭デリバティブ商品のエクスポージャーは、同一の法人格との同一のマスター契約のもとで規定された取引を通してのみ、ネッティングすることができます。
金融デリバティブ商品の公正価値
以下は、リスクエクスポージャーによって分類された、ファンドの金融デリバティブ商品の公正価値の要約です。
2017年10月31日現在の資産・負債計算書における、店頭金融デリバティブ商品の公正価値
(単位:千米ドル)

	ヘッジ商品として計上されていないデリバティブ
	商品契約	信用契約	資本契約	外国為替 契約	金利契約	合計
金融デリバティブ商品 -資産
店頭
為替予約契約	0	0	0	9,266	0	9,266
金融デリバティブ商品 -負債
店頭
為替予約契約	0	0	0	(66,780)	0	(66,780)

2017年10月31日終了期間の損益計算書における、店頭金融デリバティブ商品の影響額
(単位:千米ドル)

	ヘッジ商品として計上されていないデリバティブ
	商品契約	信用契約	資本契約	外国為替 契約	金利契約	合計
金融デリバティブ商品の 実現純(損失)
店頭
為替予約契約	0	0	0	(226,274)	0	(226,274)
金融デリバティブ商品の 未実現(損失)純変動額
店頭
為替予約契約	0	0	0	(3,058)	0	(3,058)

公正価値測定
以下は、2017年10月31日現在のファンドの資産・負債の評価において使用されたインプットに基づく公正価値評価の要約です。
(単位:千米ドル)

分類および副分類	レベル1	レベル2	レベル3	2017年 10月31日現在 公正価値
有価証券投資-評価額
短期金融商品	0	363,808	0	363,808
関連当事者に係る投資-評価額
投資信託	7,757,222	0	0	7,757,222
投資合計	7,757,222	363,808	0	8,121,030
金融デリバティブ商品-資産
店頭	0	9,266	0	9,266
金融デリバティブ商品-負債
店頭	0	(66,780)	0	(66,780)
合計	7,757,222	306,294	0	8,063,516

2017年10月31日終了期間に、レベル1、レベル2、レベル3の間の振替はありませんでした。
投資有価証券明細表-ピムコ・バミューダ・インカム・ファンド(M)
2017年10月31日現在

		額面 (千通貨)	時価 (千米ドル)
有価証券投資 104.7%
バンクローン債務証書 3.6%
1011778 B.C. Unlimited Liability Company
3.492% due 02/16/2024	USD	832	833
3.583% due 02/16/2024		532	533
Accudyne Industries Borrower S.C.A.
5.083% due 08/02/2024		600	605
Air Medical Group Holdings, Inc.
5.567% due 09/07/2024		1,200	1,202
Albany Molecular Research, Inc.
4.583% due 08/30/2024		100	101
Alpha 3 BV
4.333% due 01/31/2024		100	100
Alphabet Holding Co., Inc.
4.833% due 09/26/2024		500	490
Altice Financing S.A.
4.086% due 01/05/2026		700	701
American Builders & Contractors Supply Co., Inc.
3.742% due 10/31/2023		1,696	1,708
AmWINS Group, Inc.
3.985% due 01/25/2024		64	64
3.992% due 01/25/2024		158	158
Ancestry.com Operations, Inc.
4.490% due 10/19/2023		792	800
Avantor Performance Materials Holdings, Inc.
5.312% due 09/07/2024		1,700	1,706
6.750% due 06/30/2018		23,700	23,869
Avolon Holdings Ltd.
3.488% due 09/20/2020		352	354
3.488% due 04/03/2022		11,147	11,238
AWAS Leasing 2011-I Ltd.
4.299% due 10/02/2021		790	810
Beacon Roofing Supply, Inc.
3.567% due 08/23/2024		490	493
BMC Software Finance, Inc.
5.242% due 09/10/2022		216	218
BWay Holdings Co.
4.522% due 04/03/2024		1	1
4.599% due 04/03/2024		388	390
Caesars Entertainment Operating Co. LLC
3.742% due 10/06/2024		2,000	2,004
3.863% due 10/06/2024		300	301
Caesars Resort Collection LLC
4.075% due 09/27/2024		5,000	5,027
Camelot U.S. Acquisition 1 Co.
4.742% due 10/03/2023		198	200
Castlelake Aircraft Structured Trust
3.967% due 09/15/2024		3,721	3,725
Centene Corp.
4.500% due 09/13/2018		26,400	26,400
CenturyLink, Inc.
2.750% due 01/31/2025		8,000	7,904
Charter Communications Operating LLC
3.250% due 07/01/2020		658	662
3.250% due 01/03/2021		506	509
3.500% due 01/15/2024		1,296	1,307

		額面 (千通貨)	時価 (千米ドル)
Cheniere Energy Partners LP
3.471% due 02/25/2020	USD	1,350	1,350
CityCenter Holdings LLC
3.742% due 04/18/2024		299	301
Cypress Intermediate Holdings III, Inc.
4.250% due 04/27/2024		100	100
DaVita, Inc.
3.992% due 06/24/2021		194	195
Dell International LLC
3.250% due 09/07/2023		2,523	2,532
Diamond BV
3.250% due 09/06/2024	EUR	500	583
4.316% due 09/06/2024	USD	300	301
Diamond Resorts International, Inc.
7.242% due 08/11/2023		2,077	2,093
Diaverum Holding S.a.r.l
3.250% due 05/31/2024	EUR	1,300	1,516
Endo Luxembourg Finance Co. I S.a r.l.
5.500% due 04/29/2024	USD	2,266	2,299
Energy Future Intermediate Holding Co. LLC
4.239% due 06/30/2018		2,550	2,568
4.242% due 06/30/2018		68,855	69,329
FCA U.S. LLC
3.240% due 12/31/2018		758	762
FinCo I LLC
2.750% due 06/14/2022		1,300	1,319
First Data Corp.
3.488% due 07/08/2022		3,000	3,012
Gartner, Inc.
3.242% due 04/05/2024		128	129
Golden Entertainment, Inc.
4.240% due 10/20/2024		700	700
H.B. Fuller Co.
3.489% due 10/12/2024		1,100	1,108
HCA, Inc.
3.242% due 03/17/2023		997	1,003
3.492% due 02/15/2024		3,002	3,025
HD Supply, Inc.
3.833% due 10/17/2023		199	201
HD Supply Waterworks Ltd.
4.455% due 08/01/2024		320	323
Hilton Worldwide Finance LLC
3.238% due 10/25/2023		13,505	13,601
iHeartCommunications, Inc.
8.083% due 01/30/2019		18,608	13,991
Intelsat Jackson Holdings S.A.
4.071% due 06/30/2019		3,800	3,796
KFC Holding Co.
3.237% due 06/16/2023		1,089	1,096
Kinetic Concepts, Inc.
4.583% due 02/02/2024		1,896	1,897
Klockner Pentaplast of America, Inc.
4.750% due 06/30/2022	EUR	300	351
Las Vegas Sands LLC
3.242% due 03/29/2024	USD	2,593	2,610
Mcafee LLC
5.833% due 09/30/2024		1,200	1,209

		額面 (千通貨)	時価 (千米ドル)
MGM Growth Properties Operating Partnership LP
3.492% due 04/25/2023	USD	611	615
MH Sub I LLC
5.070% due 09/13/2024		1,010	1,007
8.820% due 08/15/2025		500	498
Missions Broadcasting, Inc.
3.735% due 01/17/2024		59	59
Misys Ltd.
4.817% due 06/13/2024		200	200
Multi-Color Corp.
2.250% due 09/20/2024		175	176
Nexstar Broadcasting, Inc.
3.735% due 01/17/2024		468	471
Nidda Healthcare Holding AG
3.500% due 09/22/2024	EUR	168	197
3.750% due 09/19/2024		832	976
Nielsen Finance LLC
3.238% due 10/04/2023	USD	398	400
Oxea Holding Vier GMBH
3.750% due 10/11/2024	EUR	2,000	2,338
Pacific Investment Management Co. LLC
3.597% due 02/19/2020	USD	1,700	1,670
Parexel International Corp.
4.280% due 09/27/2024		400	404
Petrobras Netherlands BV
3.257% due 06/14/2019		500	488
Post Holdings, Inc.
3.492% due 05/24/2024		1,406	1,414
Prestige Brands, Inc.
3.992% due 01/26/2024		89	90
Quintiles IMS, Inc.
3.317% due 01/31/2025		10,200	10,274
Refresco Holding BV
3.000% due 09/26/2024	EUR	2,600	3,052
Reynolds Group Holdings, Inc.
3.992% due 02/05/2023	USD	198	199
RPI Finance Trust
3.333% due 03/27/2023		7,253	7,289
Sequa Mezzanine Holdings LLC
6.807% due 11/28/2021		4	4
6.874% due 11/28/2021		1,741	1,760
10.374% due 04/28/2022		650	664
Serta Simmons Bedding LLC
4.812% due 11/08/2023		43	43
4.835% due 11/08/2023		155	154
SFR Group S.A.
4.336% due 01/05/2026		1,400	1,403
Sprint Communications, Inc.
3.750% due 02/02/2024		4,184	4,202
Team Health Holdings, Inc.
3.992% due 02/06/2024		361	358
Transdigm, Inc.
4.242% due 06/09/2023		1,099	1,105
4.333% due 06/09/2023		592	595
Traverse Midstream Partners LLC
5.330% due 09/27/2024		454	461

		額面 (千通貨)	時価 (千米ドル)
Tronox Finance LLC
4.323% due 09/22/2024	USD	450	453
Unitymedia Finance LLC
3.604% due 10/16/2024		1,000	999
Unitymedia Hessen GmbH & Co. KG
2.750% due 10/16/2024	EUR	2,900	3,394
Univision Communications, Inc.
3.992% due 03/15/2024	USD	11,921	11,879
UPC Financing Partnership
2.750% due 10/15/2026	EUR	1,000	1,170
3.732% due 01/15/2026	USD	1,500	1,507
Valeant Pharmaceuticals International, Inc.
5.990% due 04/01/2022		695	710
Vertiv Group Corp.
5.242% due 11/30/2023		301	302
7.250% due 11/30/2023		86	87
VFH Parent LLC
5.061% due 12/30/2021		165	167
VICI Properties 1 LLC
4.850% due 10/14/2022		3,800	3,808
Virgin Media Bristol LLC
3.989% due 01/31/2025		1,400	1,407
Vistra Operations Co. LLC
3.987% due 12/14/2023		225	227
3.992% due 08/04/2023		341	342
4.084% due 08/04/2023		188	188
4.084% due 12/14/2023		73	73
West Corp.
5.242% due 10/10/2024		1,609	1,611
Wilsonart LLC
4.590% due 12/19/2023		199	200
バンクローン債務証書合計			298,803
(取得原価 300,666千米ドル)
社債 20.0%
銀行および金融 11.0%
ABH Financial Ltd. Via Alfa Holding Issuance PLC
2.626% due 04/28/2020	EUR	3,028	3,576
AerCap Ireland Capital DAC
3.750% due 05/15/2019	USD	1,850	1,893
4.250% due 07/01/2020		1,405	1,471
4.500% due 05/15/2021		800	850
4.625% due 10/30/2020		3,150	3,348
AGFC Capital Trust I
3.109% due 01/15/2067		2,200	1,331
Akelius Residential Property AB
3.375% due 09/23/2020	EUR	1,000	1,270
Alliance Data Systems Corp.
4.500% due 03/15/2022		173	211
Ally Financial, Inc.
3.250% due 02/13/2018	USD	630	632
3.250% due 11/05/2018		850	859
3.500% due 01/27/2019		737	748
3.600% due 05/21/2018		6,600	6,650
4.750% due 09/10/2018		2,450	2,505
6.250% due 12/01/2017		6,248	6,268
8.000% due 11/01/2031		2,740	3,637

		額面 (千通貨)	時価 (千米ドル)
Altarea S.C.A.
2.250% due 07/05/2024	EUR	1,100	1,297
Annington Funding PLC
1.650% due 07/12/2024		1,600	1,911
2.646% due 07/12/2025	GBP	2,200	2,951
3.184% due 07/12/2029		500	674
3.935% due 07/12/2047		400	568
Ardonagh Midco 3 PLC
8.375% due 07/15/2023		1,700	2,348
Army Hawaii Family Housing Trust Certificates
1.639% due 06/15/2050	USD	5,200	3,677
Aroundtown S.A.
3.000% due 10/16/2029	GBP	1,700	2,209
ATF Netherlands BV
1.875% due 01/19/2026	EUR	500	598
Banco Bilbao Vizcaya Argentaria S.A. (a)
6.750% due 02/18/2020		2,200	2,776
7.000% due 02/19/2019		1,600	1,972
9.000% due 05/09/2018	USD	2,400	2,484
Banco Espirito Santo S.A.
2.625% due 05/08/2017 (b)	EUR	3,100	1,065
Banco Santander S.A.
6.250% due 09/11/2021 (a)		1,500	1,913
Banistmo S.A.
3.650% due 09/19/2022	USD	400	401
Bank of America Corp.
3.875% due 08/01/2025		300	315
Barclays Bank PLC
7.625% due 11/21/2022		6,740	7,756
7.750% due 04/10/2023		5,600	5,733
14.000% due 06/15/2019 (a)	GBP	9,970	15,606
Barclays PLC
2.375% due 10/06/2023		1,700	2,273
2.975% due 01/10/2023	USD	1,000	1,027
3.125% due 01/17/2024	GBP	1,700	2,348
3.250% due 02/12/2027		10,400	14,331
3.684% due 01/10/2023	USD	500	510
4.337% due 01/10/2028		700	727
4.375% due 01/12/2026		2,900	3,044
5.875% due 09/15/2024 (a)	GBP	6,400	8,626
6.500% due 09/15/2019 (a)	EUR	4,400	5,523
7.000% due 09/15/2019 (a)	GBP	200	281
7.250% due 03/15/2023 (a)		12,000	17,485
7.875% due 03/15/2022 (a)	USD	1,200	1,341
7.875% due 09/15/2022 (a)	GBP	5,353	7,918
8.000% due 12/15/2020 (a)	EUR	600	812
8.250% due 12/15/2018 (a)	USD	900	958
BGC Partners, Inc.
5.125% due 05/27/2021		400	425
5.375% due 12/09/2019		1,450	1,525
Blackstone CQP Holdco LP
6.000% due 08/18/2021		1,300	1,302
6.500% due 03/20/2021		7,400	7,494
BNP Paribas S.A.
7.625% due 03/30/2021 (a)		600	674
BOC Aviation Ltd.
2.375% due 09/15/2021		570	560

		額面 (千通貨)	時価 (千米ドル)
BPCE S.A.
12.500% due 09/30/2019 (a)	USD	700	827
BRFkredit A/S
1.000% due 01/01/2018	DKK	24,600	3,865
1.000% due 04/01/2018		180,500	28,434
4.000% due 01/01/2018		30,100	4,747
Brighthouse Financial, Inc.
3.700% due 06/22/2027	USD	2,400	2,366
4.700% due 06/22/2047		682	678
Brixmor Operating Partnership LP
3.250% due 09/15/2023		300	296
Brookfield Finance, Inc.
4.700% due 09/20/2047		2,334	2,395
CBL & Associates LP
5.950% due 12/15/2026		1,130	1,129
CIT Group, Inc.
3.875% due 02/19/2019		5,342	5,435
5.000% due 08/01/2023		2,300	2,494
5.375% due 05/15/2020		400	430
5.500% due 02/15/2019		168	176
Cooperatieve Rabobank UA
6.625% due 06/29/2021 (a)	EUR	1,800	2,441
Co-operative Group Holdings 2011 Ltd.
6.875% due 07/08/2020	GBP	2,230	3,305
7.500% due 07/08/2026		600	983
CPI Property Group S.A.
2.125% due 10/04/2024	EUR	2,100	2,495
Credit Agricole S.A. (a)
7.500% due 06/23/2026	GBP	1,100	1,726
7.875% due 01/23/2024	USD	696	794
Credit Suisse AG
6.500% due 08/08/2023		3,985	4,523
Credit Suisse Group AG
2.519% due 12/14/2023		5,000	5,053
2.997% due 12/14/2023		3,600	3,595
4.282% due 01/09/2028		6,700	6,993
Credit Suisse Group Funding Guernsey Ltd.
2.750% due 08/08/2025	GBP	600	819
3.750% due 03/26/2025	USD	1,800	1,852
Crown Castle International Corp.
3.200% due 09/01/2024		604	601
3.650% due 09/01/2027		2,678	2,678
4.000% due 03/01/2027		255	262
CTR Partnership LP
5.250% due 06/01/2025		504	519
Deutsche Bank AG
2.329% due 07/13/2020		1,536	1,543
2.700% due 07/13/2020		1,552	1,558
3.219% due 05/10/2019		80	82
4.250% due 10/14/2021		15,720	16,460
Digital Euro Finco LLC
2.625% due 04/15/2024	EUR	1,400	1,769
Digital Realty Trust LP
2.750% due 02/01/2023	USD	142	142
3.700% due 08/15/2027		390	396

		額面 (千通貨)	時価 (千米ドル)
Digital Stout Holding LLC
2.750% due 07/19/2024	GBP	400	540
3.300% due 07/19/2029		400	542
Emerald Bay S.A.
0.000% due 10/08/2020	EUR	3,425	3,726
Equinix, Inc.
2.875% due 10/01/2025		700	838
ERP Operating LP
3.250% due 08/01/2027	USD	257	258
4.000% due 08/01/2047		153	153
Fastighets AB Balder
1.125% due 03/14/2022	EUR	1,000	1,187
1.875% due 03/14/2025		1,100	1,319
1.875% due 01/23/2026		1,470	1,739
Globalworth Real Estate Investments Ltd.
2.875% due 06/20/2022		1,400	1,674
goeasy Ltd.
7.875% due 11/01/2022 (c)	USD	594	613
Goodman Australia Finance Pty Ltd.
1.375% due 09/27/2025	EUR	800	942
Goodman U.S. Finance Four LLC
4.500% due 10/15/2037	USD	908	928
Goodman U.S. Finance Three LLC
3.700% due 03/15/2028		1,724	1,721
Host Hotels & Resorts LP
4.000% due 06/15/2025		200	205
Howard Hughes Corp.
5.375% due 03/15/2025		3,085	3,178
HSBC Holdings PLC
2.625% due 08/16/2028	GBP	360	484
3.262% due 03/13/2023	USD	800	818
4.041% due 03/13/2028		700	734
4.300% due 03/08/2026		500	537
4.750% due 07/04/2029 (a)	EUR	2,800	3,541
6.000% due 09/29/2023 (a)		7,210	9,935
Hudson Pacific Properties LP
3.950% due 11/01/2027	USD	363	364
International Lease Finance Corp.
3.875% due 04/15/2018		600	606
8.250% due 12/15/2020		7,590	8,858
Intesa Sanpaolo SpA
7.750% due 01/11/2027 (a)	EUR	8,680	12,305
iStar, Inc.
4.625% due 09/15/2020	USD	137	140
5.250% due 09/15/2022		515	529
Jefferies Finance LLC
6.875% due 04/15/2022		1,000	1,015
7.250% due 08/15/2024		800	819
7.375% due 04/01/2020		2,875	2,979
7.500% due 04/15/2021		630	660
Jefferies LoanCore LLC
6.875% due 06/01/2020		1,700	1,761
KBC Bank NV
8.000% due 01/25/2023		2,200	2,233
Kennedy Wilson Europe Real Estate PLC
3.950% due 06/30/2022	GBP	500	697

		額面 (千通貨)	時価 (千米ドル)
Kojamo OYJ
1.500% due 06/19/2024	EUR	1,200	1,421
Lifestorage LP
3.500% due 07/01/2026	USD	1,200	1,161
Lincoln Finance Ltd.
6.875% due 04/15/2021	EUR	7,435	9,170
Lloyds Bank PLC
12.000% due 12/16/2024 (a)	USD	200	271
Lloyds Banking Group PLC
2.250% due 10/16/2024	GBP	900	1,200
2.907% due 11/07/2028	USD	3,500	3,500
3.574% due 11/07/2028		5,600	5,600
7.000% due 06/27/2019 (a)	GBP	8,800	12,460
7.500% due 06/27/2024 (a)	USD	2,700	3,088
7.625% due 06/27/2023 (a)	GBP	7,511	11,384
7.875% due 06/27/2029 (a)		1,700	2,733
Merlin Properties Socimi S.A.
1.750% due 05/26/2025	EUR	1,910	2,271
1.875% due 11/02/2026		900	1,057
Mitsubishi UFJ Lease & Finance Co. Ltd.
2.652% due 09/19/2022	USD	2,100	2,078
Mizuho Financial Group, Inc.
2.197% due 09/11/2022		10,200	10,241
2.601% due 09/11/2022		4,700	4,664
National Australia Bank Ltd.
1.375% due 07/12/2019		600	595
Navient Corp.
4.875% due 06/17/2019		1,500	1,547
5.000% due 10/26/2020		3,070	3,170
5.500% due 01/15/2019		8,304	8,584
5.625% due 08/01/2033		4,640	4,025
5.875% due 03/25/2021		383	404
6.500% due 06/15/2022		1,926	2,046
7.250% due 01/25/2022		5,490	5,977
8.000% due 03/25/2020		9,405	10,393
8.450% due 06/15/2018		600	624
Nordea Kredit Realkreditaktieselskab
2.000% due 04/01/2018	DKK	67,500	10,679
2.000% due 10/01/2047		2,849	447
Nykredit Realkredit A/S
1.000% due 01/01/2018		41,700	6,541
1.000% due 04/01/2018		329,700	51,910
1.000% due 07/01/2018		24,100	3,809
2.000% due 01/01/2018		64,400	10,123
2.000% due 04/01/2018		23,100	3,654
2.500% due 10/01/2047		12,380	2,012
OneMain Financial Holdings LLC
6.750% due 12/15/2019	USD	4,340	4,508
7.250% due 12/15/2021		3,320	3,457
Ontario Teachers' Cadillac Fairview Properties Trust
3.125% due 03/20/2022		696	708
3.875% due 03/20/2027		472	484
Oppenheimer Holdings, Inc.
6.750% due 07/01/2022		320	327
Preferred Term Securities XVIII Ltd.
1.700% due 09/23/2035		652	583

		額面 (千通貨)	時価 (千米ドル)
Preferred Term Securities XXIV Ltd.
1.620% due 03/22/2037	USD	1,369	1,184
1.700% due 03/22/2037		5,019	3,538
Preferred Term Securities XXV Ltd.
1.610% due 06/22/2037		31,070	26,410
Preferred Term Securities XXVI Ltd.
1.620% due 09/22/2037		51,843	44,845
Prologis LP
2.250% due 06/30/2029	GBP	200	256
Provident Funding Associates LP
6.375% due 06/15/2025	USD	206	218
QNB Finance Ltd.
1.796% due 06/06/2018		400	400
Realkredit Danmark A/S
1.000% due 01/01/2018	DKK	78,500	12,317
1.000% due 04/01/2018		188,030	29,621
2.000% due 01/01/2018		105,300	16,546
2.000% due 04/01/2018		110,500	17,476
2.500% due 07/01/2047		10,823	1,759
3.000% due 07/01/2046		6,103	1,015
Rio Oil Finance Trust Series 2014-1
9.250% due 07/06/2024	USD	1,361	1,479
Royal Bank of Scotland Group PLC
2.000% due 03/08/2023	EUR	1,900	2,326
2.500% due 03/22/2023		6,700	8,428
2.785% due 05/15/2023	USD	3,074	3,103
3.498% due 05/15/2023		2,214	2,234
3.875% due 09/12/2023		5,500	5,648
4.800% due 04/05/2026		2,300	2,481
7.500% due 08/10/2020 (a)		1,700	1,826
8.000% due 08/10/2025 (a)		1,400	1,604
8.625% due 08/15/2021 (a)		2,200	2,497
Royal Bank of Scotland PLC
6.934% due 04/09/2018	EUR	6,180	7,413
Santander Holdings USA, Inc.
3.700% due 03/28/2022	USD	366	375
4.400% due 07/13/2027		926	953
4.500% due 07/17/2025		3,000	3,133
Santander UK Group Holdings PLC
2.875% due 08/05/2021		1,800	1,811
3.625% due 01/14/2026	GBP	1,900	2,725
6.750% due 06/24/2024 (a)		6,690	9,764
7.375% due 06/24/2022 (a)		1,900	2,766
SBA Communications Corp.
4.000% due 10/01/2022	USD	722	736
Sberbank of Russia Via SB Capital S.A.
3.352% due 11/15/2019	EUR	5,600	6,863
5.180% due 06/28/2019	USD	1,400	1,455
5.717% due 06/16/2021		900	976
6.125% due 02/07/2022		10,400	11,398
SL Green Operating Partnership LP
3.250% due 10/15/2022		234	235
SL Green Realty Corp.
4.500% due 12/01/2022		970	1,028
7.750% due 03/15/2020		500	557

		額面 (千通貨)	時価 (千米ドル)
Societe Generale S.A.
8.250% due 11/29/2018 (a)	USD	600	636
Society of Lloyd's
4.750% due 10/30/2024	GBP	400	593
Springleaf Finance Corp.
5.250% due 12/15/2019	USD	1,850	1,915
6.000% due 06/01/2020		300	316
6.125% due 05/15/2022		8,583	9,077
6.900% due 12/15/2017		200	201
8.250% due 12/15/2020		16,479	18,621
State Bank of India
2.297% due 04/06/2020		8,000	8,022
Stearns Holdings LLC
9.375% due 08/15/2020		1,580	1,651
Sumitomo Mitsui Trust Bank Ltd.
1.764% due 09/19/2019		3,040	3,043
1.950% due 09/19/2019		2,490	2,480
Tesco Property Finance 2 PLC
6.052% due 10/13/2039	GBP	3,596	5,773
Tesco Property Finance 3 PLC
5.744% due 04/13/2040		167	264
Tesco Property Finance 4 PLC
5.801% due 10/13/2040		403	642
Tesco Property Finance 6 PLC
5.411% due 07/13/2044		2,363	3,631
UBS AG
4.750% due 05/22/2023	USD	1,800	1,828
5.125% due 05/15/2024		900	961
7.625% due 08/17/2022		6,000	7,095
UBS Group AG (a)
5.750% due 02/19/2022	EUR	3,200	4,344
7.000% due 02/19/2025	USD	200	230
UBS Group Funding Switzerland AG
3.491% due 05/23/2023		2,000	2,052
4.125% due 09/24/2025		2,470	2,608
4.125% due 04/15/2026		2,500	2,640
4.253% due 03/23/2028		2,200	2,323
Ventas Realty LP
3.250% due 10/15/2026		100	98
VEREIT Operating Partnership LP
3.950% due 08/15/2027		380	380
VICI Properties 1 LLC
4.847% due 10/15/2022		987	996
8.000% due 10/15/2023		3,591	4,013
Washington Prime Group LP
5.950% due 08/15/2024		4,771	4,907
Wells Fargo & Co.
2.125% due 12/20/2023	GBP	2,100	2,831
2.239% due 02/11/2022	USD	6,670	6,743
2.500% due 03/04/2021		300	301
2.656% due 03/04/2021		100	103
3.000% due 10/23/2026		2,810	2,757
Westfield America Management Ltd.
2.125% due 03/30/2025	GBP	400	518
			906,024

		額面 (千通貨)	時価 (千米ドル)
工業 6.0%
AA Bond Co. Ltd.
2.750% due 07/31/2023	GBP	400	529
2.875% due 01/31/2022		200	269
Adecoagro S.A.
6.000% due 09/21/2027	USD	600	606
Allegion U.S. Holding Co., Inc.
3.200% due 10/01/2024		463	465
3.550% due 10/01/2027		563	563
Allergan Funding SCS
0.020% due 06/01/2019	EUR	144	168
Altice Financing S.A.
7.500% due 05/15/2026	USD	1,000	1,099
Altice Luxembourg S.A.
7.250% due 05/15/2022	EUR	28,087	34,929
7.750% due 05/15/2022	USD	13,650	14,469
American Airlines 2017-2 Class AA Pass-Through Trust
3.350% due 10/15/2029		480	484
American Honda Finance Corp.
1.669% due 11/05/2021		5,700	5,717
Anheuser-Busch InBev Finance, Inc.
4.900% due 02/01/2046		553	624
Anheuser-Busch InBev S.A.
1.750% due 03/07/2025	GBP	635	829
2.250% due 05/24/2029		755	974
2.850% due 05/25/2037		687	896
AP Moller - Maersk A/S
2.875% due 09/28/2020	USD	200	202
Arrow Electronics, Inc.
3.250% due 09/08/2024		479	477
Avantor, Inc.
6.000% due 10/01/2024		1,396	1,426
BAT Capital Corp.
1.905% due 08/14/2020		2,044	2,056
2.195% due 08/15/2022		822	830
3.222% due 08/15/2024		3,278	3,305
Beacon Escrow Corp.
4.875% due 11/01/2025		368	374
BMC Software Finance, Inc.
8.125% due 07/15/2021		18,615	19,150
Boston Scientific Corp.
3.375% due 05/15/2022		2,260	2,324
Boxer Parent Co., Inc.
9.000% due 10/15/2019 (d)		26,119	26,201
Broadcom Corp.
3.000% due 01/15/2022		2,026	2,056
3.625% due 01/15/2024		133	138
3.875% due 01/15/2027		700	722
Caesars Growth Properties Holdings LLC
9.375% due 05/01/2022		1,770	1,908
Catalent Pharma Solutions, Inc.
4.875% due 01/15/2026		570	580
Central Nippon Expressway Co. Ltd.
1.853% due 08/04/2020		7,800	7,829

		額面 (千通貨)	時価 (千米ドル)
Charter Communications Operating LLC
3.579% due 07/23/2020	USD	318	327
4.200% due 03/15/2028		1,393	1,382
4.464% due 07/23/2022		661	699
4.908% due 07/23/2025		992	1,057
5.375% due 05/01/2047		177	180
6.384% due 10/23/2035		320	370
6.484% due 10/23/2045		300	345
Cheniere Energy Partners LP
5.250% due 10/01/2025		1,710	1,766
Chesapeake Energy Corp.
4.609% due 04/15/2019		189	188
Chester Downs & Marina LLC
9.250% due 02/01/2020		1,750	1,794
Cimarex Energy Co.
3.900% due 05/15/2027		261	269
CMA CGM S.A.
5.250% due 01/15/2025	EUR	500	597
CNPC General Capital Ltd.
2.212% due 11/25/2017	USD	1,500	1,500
CommScope Technologies LLC
5.000% due 03/15/2027		12	12
Community Health Systems, Inc.
6.250% due 03/31/2023		1,678	1,621
Conagra Brands, Inc.
1.857% due 10/09/2020		180	180
CRC Escrow Issuer LLC
5.250% due 10/15/2025		722	729
CSN Resources S.A.
6.500% due 07/21/2020		100	93
CVS Pass-Through Trust
7.507% due 01/10/2032		753	930
DAE Funding LLC
4.000% due 08/01/2020		530	539
4.500% due 08/01/2022		720	732
5.000% due 08/01/2024		1,300	1,331
Dell International LLC
4.420% due 06/15/2021		2,400	2,526
Delta Air Lines, Inc.
2.875% due 03/13/2020		1,720	1,738
Diamond Resorts International, Inc.
7.750% due 09/01/2023		3,899	4,230
Discovery Communications LLC
2.036% due 09/20/2019		730	735
2.200% due 09/20/2019		231	231
2.500% due 09/20/2024	GBP	300	391
2.950% due 03/20/2023	USD	362	361
3.950% due 03/20/2028		476	473
DR Horton, Inc.
4.000% due 02/15/2020		290	300
DXC Technology Co.
2.266% due 03/01/2021		5,400	5,419
4.750% due 04/15/2027		379	408

		額面 (千通貨)	時価 (千米ドル)
Eastern Creation II Investment Holdings Ltd.
2.750% due 09/26/2020	USD	800	805
eBay, Inc.
2.248% due 01/30/2023		410	413
2.750% due 01/30/2023		1,574	1,576
EI Group PLC
6.375% due 02/15/2022	GBP	5,600	8,032
6.500% due 12/06/2018		1,051	1,469
6.875% due 02/15/2021		50	74
EMC Corp.
2.650% due 06/01/2020	USD	1,868	1,847
EQT Corp.
2.106% due 10/01/2020		1,493	1,497
2.500% due 10/01/2020		259	259
4.875% due 11/15/2021		200	215
Eurofins Scientific SE
2.125% due 07/25/2024	EUR	800	960
Exela Intermediate LLC
10.000% due 07/15/2023	USD	880	847
Fidelity National Information Services, Inc.
1.700% due 06/30/2022	GBP	200	265
First Quantum Minerals Ltd.
7.000% due 02/15/2021	USD	200	208
Fortress Transportation & Infrastructure Investors LLC
6.750% due 03/15/2022		2,100	2,210
Fresenius Medical Care US Finance II, Inc.
5.625% due 07/31/2019		374	395
Greene King Finance PLC
5.106% due 03/15/2034	GBP	150	237
5.702% due 12/15/2034		4,156	5,198
Harland Clarke Holdings Corp.
8.375% due 08/15/2022	USD	1,088	1,145
Harvest Operations Corp.
2.330% due 04/14/2021		2,884	2,790
HCA, Inc.
3.750% due 03/15/2019		1,045	1,063
5.500% due 06/15/2047		688	702
Heathrow Finance PLC
3.875% due 03/01/2027	GBP	300	396
Hellenic Railways Organization S.A.
5.014% due 12/27/2017	EUR	180	209
Hologic, Inc.
4.375% due 10/15/2025	USD	296	301
Hyatt Hotels Corp.
4.850% due 03/15/2026		100	109
iHeartCommunications, Inc.
9.000% due 12/15/2019		9,760	7,247
9.000% due 03/01/2021		4,900	3,546
9.000% due 09/15/2022		1,476	1,074
10.625% due 03/15/2023		1,400	1,011
IHO Verwaltungs GmbH
3.750% due 09/15/2026 (d)	EUR	100	125
Ingenico Group S.A.
1.625% due 09/13/2024		1,700	2,005

		額面 (千通貨)	時価 (千米ドル)
Intelsat Jackson Holdings S.A.
7.250% due 10/15/2020	USD	42,049	40,670
9.750% due 07/15/2025		3,076	3,103
Intrepid Aviation Group Holdings LLC
6.875% due 02/15/2019		3,156	3,132
Kinder Morgan, Inc.
7.250% due 06/01/2018		200	206
7.750% due 01/15/2032		2,500	3,219
Komatsu Finance America, Inc.
2.437% due 09/11/2022		400	397
Kraft Heinz Foods Co.
3.000% due 06/01/2026		100	97
3.950% due 07/15/2025		155	161
4.375% due 06/01/2046		76	75
Martin Marietta Materials, Inc.
1.965% due 05/22/2020		570	574
Melco Resorts Finance Ltd.
4.875% due 06/06/2025		900	910
Miller Homes Group Holdings PLC
5.500% due 10/15/2024	GBP	600	825
Molina Healthcare, Inc.
4.875% due 06/15/2025	USD	130	129
Molnlycke Holding AB
1.875% due 02/28/2025	EUR	1,130	1,374
Multi-Color Corp.
4.875% due 11/01/2025	USD	315	319
NetApp, Inc.
2.000% due 09/27/2019		283	282
3.300% due 09/29/2024		585	586
Netflix, Inc.
3.625% due 05/15/2027	EUR	8,727	10,457
4.875% due 04/15/2028	USD	2,030	2,020
New Red Finance, Inc.
4.250% due 05/15/2024		6,073	6,132
Nidda Healthcare Holding AG
3.500% due 09/30/2024	EUR	800	956
Nielsen Co. Luxembourg Sarl
5.000% due 02/01/2025	USD	83	86
Nissan Motor Acceptance Corp.
1.721% due 09/28/2020		1,118	1,120
2.021% due 09/28/2022		2,500	2,505
2.150% due 09/28/2020		1,100	1,097
2.600% due 09/28/2022		2,500	2,493
Nokia OYJ
4.375% due 06/12/2027		175	175
Norwegian Air Shuttle ASA 2016-1 Class A Pass-Through Trust
4.875% due 05/10/2028		488	498
Ooredoo Tamweel Ltd.
3.039% due 12/03/2018		200	202
Park Aerospace Holdings Ltd.
3.625% due 03/15/2021		859	859
4.500% due 03/15/2023		2,063	2,071
5.250% due 08/15/2022		2,306	2,407
5.500% due 02/15/2024		2,000	2,080

		額面 (千通貨)	時価 (千米ドル)
Petroleos Mexicanos
3.750% due 02/21/2024	EUR	2,100	2,619
4.875% due 01/24/2022	USD	1,930	2,014
5.125% due 03/15/2023	EUR	2,100	2,850
6.500% due 03/13/2027	USD	4,822	5,272
6.500% due 06/02/2041		1,410	1,431
6.750% due 09/21/2047		2,170	2,242
Petronas Capital Ltd.
5.250% due 08/12/2019		2,800	2,950
PetSmart, Inc.
5.875% due 06/01/2025		674	591
Phillips 66
2.009% due 04/15/2019		1,000	1,001
2.109% due 04/15/2020		900	902
Pitney Bowes, Inc.
3.625% due 09/15/2020		300	300
4.700% due 04/01/2023		634	620
Plastipak Holdings, Inc.
6.250% due 10/15/2025		184	189
Priceline Group, Inc.
2.750% due 03/15/2023		254	254
3.550% due 03/15/2028		730	737
QGOG Constellation S.A.
9.500% due 11/09/2024 (d)		450	343
QUALCOMM, Inc.
2.900% due 05/20/2024		290	291
Quintiles IMS, Inc.
2.875% due 09/15/2025	EUR	400	474
3.250% due 03/15/2025		500	605
QVC, Inc.
4.375% due 03/15/2023	USD	900	939
4.450% due 02/15/2025		800	820
4.850% due 04/01/2024		2,190	2,307
5.125% due 07/02/2022		3,400	3,648
5.450% due 08/15/2034		50	50
5.950% due 03/15/2043		8,100	8,017
RCI Banque S.A.
1.875% due 11/08/2022 (c)	GBP	470	626
3.500% due 04/03/2018	USD	1,824	1,836
Russian Railways via RZD Capital PLC
7.487% due 03/25/2031	GBP	6,300	10,416
SBA Tower Trust
2.877% due 07/09/2021	USD	1,500	1,496
Scientific Games International, Inc.
5.000% due 10/15/2025		313	318
SFR Group S.A.
5.625% due 05/15/2024	EUR	3,420	4,343
6.250% due 05/15/2024	USD	5,000	5,256
7.375% due 05/01/2026		10,583	11,416
Shire Acquisitions Investments Ireland DAC
2.400% due 09/23/2021		3,750	3,728
Simmons Foods, Inc.
5.750% due 11/01/2024		504	507

		額面 (千通貨)	時価 (千米ドル)
SMBC Aviation Capital Finance DAC
2.650% due 07/15/2021	USD	400	395
3.000% due 07/15/2022		300	300
SoftBank Group Corp.
3.125% due 09/19/2025	EUR	9,400	11,093
4.000% due 09/19/2029		1,700	1,984
4.750% due 09/19/2024	USD	6,800	6,786
5.125% due 09/19/2027		6,000	5,978
Spanish Broadcasting System, Inc.
12.500% due 04/15/2017 (b)		852	882
Spectra Energy Partners LP
2.016% due 06/05/2020		5,100	5,138
Spirit Issuer PLC
3.034% due 12/28/2031	GBP	760	984
6.582% due 12/28/2027		450	639
Sprint Spectrum Co. LLC
3.360% due 09/20/2021	USD	4,500	4,577
Tech Data Corp.
3.700% due 02/15/2022		147	148
4.950% due 02/15/2027		903	950
Tenet Healthcare Corp.
4.625% due 07/15/2024		1,842	1,819
Teva Pharmaceutical Finance Netherlands III BV
1.400% due 07/20/2018		2,980	2,965
Time Warner, Inc.
3.800% due 02/15/2027		384	385
Times Square Hotel Trust
8.528% due 08/01/2026		2,031	2,412
Transocean, Inc.
7.500% due 01/15/2026		1,016	1,049
Unique Pub Finance Co. PLC
5.659% due 06/30/2027	GBP	1,826	2,755
6.542% due 03/30/2021		1,000	1,441
7.395% due 03/28/2024		1,886	2,877
United Airlines 2016-1 Class AA Pass-Through Trust
3.100% due 07/07/2028	USD	500	503
United Group BV
4.375% due 07/01/2022	EUR	600	736
4.875% due 07/01/2024		1,100	1,347
UPCB Finance VII Ltd.
3.625% due 06/15/2029		8,151	9,565
Valeant Pharmaceuticals International, Inc.
4.500% due 05/15/2023		800	794
6.500% due 03/15/2022	USD	469	498
7.000% due 03/15/2024		901	978
Verizon Communications, Inc.
2.875% due 01/15/2038	EUR	980	1,178
ViaSat, Inc.
5.625% due 09/15/2025	USD	760	772
Viking Cruises Ltd.
5.875% due 09/15/2027		162	164
Virgin Media Secured Finance PLC
5.000% due 04/15/2027	GBP	3,760	5,204

		額面 (千通貨)	時価 (千米ドル)
VMware, Inc.
2.300% due 08/21/2020	USD	760	759
2.950% due 08/21/2022		640	642
3.900% due 08/21/2027		540	542
Volkswagen Bank GmbH
0.081% due 11/27/2017	EUR	200	233
Volkswagen Group of America Finance LLC
1.650% due 05/22/2018	USD	300	300
Westmoreland Coal Co.
8.750% due 01/01/2022		685	415
Wind Acquisition Finance S.A.
4.750% due 07/15/2020		4,997	5,069
7.375% due 04/23/2021		9,600	9,996
Wind Tre SpA (c)
2.467% due 01/20/2024	EUR	2,400	2,813
2.625% due 01/20/2023		2,400	2,811
3.125% due 01/20/2025		1,200	1,403
5.000% due 01/20/2026	USD	1,000	1,008
Wyndham Worldwide Corp.
4.150% due 04/01/2024		179	182
4.500% due 04/01/2027		203	208
Wynn Las Vegas LLC
5.250% due 05/15/2027		62	63
Wynn Macau Ltd.
4.875% due 10/01/2024		600	611
5.500% due 10/01/2027		800	813
Xerox Corp.
3.625% due 03/15/2023		838	828
			492,499
公益 3.0%
AT&T, Inc.
2.309% due 07/15/2021		6,910	6,998
2.850% due 02/14/2023		1,700	1,690
3.150% due 09/04/2036	EUR	600	723
3.400% due 08/14/2024	USD	3,390	3,392
3.900% due 08/14/2027		3,080	3,074
4.900% due 08/14/2037		3,020	3,023
5.150% due 02/14/2050		5,750	5,690
5.300% due 08/14/2058		3,454	3,434
5.650% due 02/15/2047		44	47
BG Energy Capital PLC
6.500% due 11/30/2072		1,400	1,405
British Transco International Finance BV
0.000% due 11/04/2021		400	362
El Paso Natural Gas Co. LLC
8.625% due 01/15/2022		1,900	2,309
Enbridge, Inc.
1.750% due 01/10/2020		10,400	10,391
2.020% due 06/15/2020		6,170	6,223
Energy Transfer LP
4.150% due 10/01/2020		100	104
Gazprom Neft OAO Via GPN Capital S.A.
4.375% due 09/19/2022		5,550	5,673
6.000% due 11/27/2023		11,600	12,814

		額面 (千通貨)	時価 (千米ドル)
Gazprom OAO Via Gaz Capital S.A.
4.950% due 02/06/2028	USD	600	615
5.999% due 01/23/2021		1,622	1,747
6.510% due 03/07/2022		6,398	7,098
6.605% due 02/13/2018	EUR	100	119
7.288% due 08/16/2037	USD	937	1,140
8.146% due 04/11/2018		300	308
8.625% due 04/28/2034		2,622	3,547
9.250% due 04/23/2019		7,200	7,855
Global Switch Holdings Ltd.
1.500% due 01/31/2024	EUR	1,100	1,321
2.250% due 05/31/2027		1,000	1,228
Kinder Morgan Energy Partners LP
6.850% due 02/15/2020	USD	2,750	3,029
NorteGas Energia Distribucion SAU
2.065% due 09/28/2027	EUR	400	478
Petrobras Global Finance BV
3.000% due 01/15/2019	USD	40	40
4.201% due 03/17/2020		440	452
4.250% due 10/02/2023	EUR	1,469	1,885
5.299% due 01/27/2025	USD	6,883	6,914
5.375% due 01/27/2021		7,068	7,448
5.750% due 01/20/2020		400	421
5.875% due 03/07/2022	EUR	1,100	1,490
5.999% due 01/27/2028	USD	12,889	13,067
6.125% due 01/17/2022		19,307	20,919
6.250% due 03/17/2024		400	430
6.250% due 12/14/2026	GBP	2,831	4,082
6.625% due 01/16/2034		2,900	4,120
6.750% due 01/27/2041	USD	710	717
6.850% due 06/05/2115		2,144	2,061
6.875% due 01/20/2040		464	474
7.250% due 03/17/2044		1,562	1,642
7.375% due 01/17/2027		13,182	14,665
8.375% due 12/10/2018		1,000	1,071
8.375% due 05/23/2021		900	1,039
8.750% due 05/23/2026		2,340	2,840
Regency Energy Partners LP
5.750% due 09/01/2020		2,140	2,307
Rio Oil Finance Trust Series 2014-3
9.750% due 01/06/2027		549	596
Sempra Energy
1.732% due 03/15/2021		9,400	9,426
Sinopec Group Overseas Development 2016 Ltd.
2.125% due 05/03/2019		200	199
Sprint Capital Corp.
6.900% due 05/01/2019		24,690	26,110
Sprint Communications, Inc.
7.000% due 08/15/2020		13,198	14,250
Sprint Corp.
7.125% due 06/15/2024		118	128
Terraform Global Operating LLC
9.750% due 08/15/2022		1,120	1,246
Transocean Phoenix 2 Ltd.
7.750% due 10/15/2024		1,890	2,046

		額面 (千通貨)	時価 (千米ドル)
Transocean Proteus Ltd.
6.250% due 12/01/2024	USD	51	54
Verizon Communications, Inc.
3.375% due 10/27/2036	GBP	680	893
4.125% due 03/16/2027	USD	2,540	2,656
4.125% due 08/15/2046		270	247
5.250% due 03/16/2037		1,690	1,852
5.500% due 03/16/2047		960	1,064
			244,688
社債合計			1,643,211
(取得原価 1,577,801千米ドル)
転換社債 0.1%		1,000	1,228
Caesars Entertainment Corp.
5.000% due 10/01/2024		2,906	5,718
転換社債合計			5,718
(取得原価 5,043千米ドル)
地方債 0.4%
Chicago, Illinois, Build America Bonds, Series 2010
6.630% due 02/01/2035		655	737
6.725% due 04/01/2035		280	316
7.350% due 07/01/2035		545	638
Chicago, Illinois, General Obligation Bonds, Series 2003
5.100% due 06/01/2033		1,740	1,758
Chicago, Illinois, General Obligation Bonds, Series 2011
5.665% due 03/01/2018		195	197
Chicago, Illinois, General Obligation Bonds, Series 2014
6.314% due 01/01/2044		220	236
Chicago, Illinois, General Obligation Bonds, Series 2015
7.375% due 01/01/2033		440	510
7.750% due 01/01/2042		780	853
Chicago, Illinois, General Obligation Bonds, Series 2017
7.045% due 01/01/2029		370	411
Commonwealth of Puerto Rico, General Obligation Bonds, Series 2006
5.250% due 07/01/2026 (b)		1,000	295
Commonwealth of Puerto Rico, General Obligation Bonds, Series 2007 (b)
5.000% due 07/01/2028		75	22
5.250% due 07/01/2037		410	121
Commonwealth of Puerto Rico, General Obligation Bonds, Series 2008 (b)
5.125% due 07/01/2028		130	38
5.700% due 07/01/2023		685	202
Commonwealth of Puerto Rico, General Obligation Bonds, Series 2009 (b)
5.750% due 07/01/2038		310	91
6.000% due 07/01/2039		215	63
Commonwealth of Puerto Rico, General Obligation Bonds, Series 2011 (b)
5.375% due 07/01/2030		685	202
5.750% due 07/01/2041		600	177
6.500% due 07/01/2040		120	35

		額面 (千通貨)	時価 (千米ドル)
Commonwealth of Puerto Rico, General Obligation Bonds, Series 2012 (b)
4.125% due 07/01/2022	USD	500	143
5.000% due 07/01/2021		1,010	296
5.000% due 07/01/2041		3,260	962
5.125% due 07/01/2037		800	236
5.500% due 07/01/2026		1,900	561
5.500% due 07/01/2039		4,215	1,243
Commonwealth of Puerto Rico, General Obligation Bonds, Series 2014
8.000% due 07/01/2035 (b)		3,500	1,050
Puerto Rico Electric Power Authority, Build America Bonds, Series 2010
6.050% due 07/01/2032 (b)		800	269
Salt Lake, Utah, Utah State Board of Regents Revenue Bonds, Series 2016
0.000% due 09/25/2056		1,522	1,527
Salt Lake, Utah, Utah State Board of Regents Revenue Bonds, Series 2017
0.000% due 01/25/2057		13,982	14,026
Travis, Texas, Texas Public Finance Authority Revenue Bonds, Series 2014
8.250% due 07/01/2024		500	521
地方債合計			27,736
(取得原価 27,248千米ドル)
米国政府関係機関 4.1%		280	316
Fannie Mae
2.500% due 10/01/2022		563	569
3.000% due 03/01/2031		6,920	7,097
3.500% due 08/01/2042		73	75
3.500% due 12/01/2045		660	679
4.000% due 07/01/2040		159	167
4.000% due 12/01/2041		229	239
4.000% due 07/01/2042		374	389
4.000% due 08/01/2042		93	96
4.000% due 09/01/2042		358	373
4.500% due 05/01/2033		21	21
4.500% due 07/01/2033		39	41
4.500% due 05/01/2034		11	11
4.500% due 05/01/2035		8	8
4.500% due 09/01/2035		9	9
4.500% due 02/01/2038		11	12
4.500% due 01/01/2041		608	638
4.750% due 06/01/2033		225	231
5.000% due 01/01/2032		30	31
5.000% due 10/01/2035		81	83
5.000% due 12/01/2035		436	462
5.000% due 10/01/2036		8	9
5.000% due 05/01/2038		6	6
5.000% due 11/01/2039		13	14
5.000% due 10/01/2051		548	586
5.500% due 07/01/2033		58	63
5.500% due 06/01/2035		878	938
5.500% due 04/01/2036		4	4
5.500% due 11/01/2036		14	15
5.500% due 03/01/2037		34	37

		額面 (千通貨)	時価 (千米ドル)
5.500% due 09/01/2037	USD	32	33
5.500% due 02/01/2038		4	4
5.500% due 04/01/2038		75	79
6.000% due 08/01/2031		32	33
6.000% due 06/01/2032		8	9
6.000% due 09/01/2039		436	469
6.000% due 10/01/2047		35	38
6.500% due 01/01/2037		7	7
6.500% due 10/01/2037		26	30
7.000% due 09/01/2031		39	40
7.000% due 09/01/2036		0	0
7.000% due 05/01/2037		3	3
7.500% due 09/01/2032		14	14
8.500% due 09/01/2031		13	13
Fannie Mae, TBA (c)
2.500% due 12/01/2032		3,000	3,010
3.000% due 12/01/2032		3,000	3,070
3.000% due 11/01/2047		16,800	16,811
3.000% due 12/01/2047		5,000	4,995
3.500% due 12/01/2047		18,400	18,883
4.000% due 12/01/2047		88,000	92,233
Freddie Mac
4.000% due 09/01/2033		8	8
4.500% due 12/01/2019		9	9
4.500% due 05/01/2036		6	6
5.000% due 06/01/2034		510	541
5.000% due 08/01/2035		129	136
5.000% due 01/01/2037		4	5
5.000% due 02/01/2037		143	147
5.000% due 01/01/2038		5	5
5.311% due 06/15/2042 (e)		99	22
5.500% due 01/01/2035		2,422	2,653
5.500% due 05/01/2037		7	8
5.500% due 06/01/2037		279	300
5.500% due 07/01/2037		43	44
5.750% due 05/01/2037		683	766
6.000% due 07/01/2037		54	56
Freddie Mac, TBA (c)
3.000% due 11/01/2047		28,000	28,026
3.000% due 12/01/2047		69,000	68,956
3.500% due 12/01/2047		75,000	76,967
Ginnie Mae
4.500% due 01/20/2040		339	350
4.500% due 03/20/2040		66	68
5.000% due 08/20/2030		1,042	1,130
5.000% due 05/20/2040		949	1,006
5.000% due 11/20/2040		64	66
5.000% due 04/20/2041		27	28
5.500% due 05/20/2038		22	23
5.500% due 06/20/2038		225	235

		額面 (千通貨)	時価 (千米ドル)
5.500% due 07/20/2038	USD	166	176
5.500% due 08/20/2038		800	838
5.500% due 09/20/2038		645	676
5.500% due 10/20/2038		79	83
5.500% due 01/20/2039		21	22
5.500% due 02/20/2039		103	108
5.500% due 07/20/2039		182	190
5.500% due 09/20/2039		215	225
5.500% due 10/20/2039		446	467
5.500% due 11/20/2039		446	466
5.500% due 12/20/2039		339	354
5.500% due 01/20/2040		373	390
5.500% due 06/20/2040		700	761
5.500% due 07/20/2040		556	580
米国政府関係機関合計			339,574
(取得原価 339,299千米ドル)
米国長期国債 19.2%
Treasury Inflation Protected Securities (f)
0.125% due 04/15/2020		1,153	1,158
0.375% due 01/15/2027		5	5
0.625% due 07/15/2021		76	78
2.375% due 01/15/2025		25,816	29,429
U.S. Treasury Bonds
2.125% due 08/15/2021		65,100	65,729
2.250% due 08/15/2046		100	88
2.750% due 08/15/2047		13,900	13,554
U.S. Treasury Notes
1.125% due 09/30/2021		37,390	36,321
1.375% due 08/31/2023		56,200	53,906
1.500% due 01/31/2022		200	196
1.625% due 02/15/2026		2,200	2,085
1.750% due 11/30/2021		26,400	26,240
1.750% due 03/31/2022		9,300	9,220
1.750% due 05/15/2022		5,400	5,354
1.750% due 09/30/2022		11,500	11,357
1.875% due 08/31/2022		24,200	24,053
1.875% due 08/31/2024		26,700	26,129
2.000% due 10/31/2021		2,700	2,711
2.000% due 07/31/2022		7,400	7,403
2.000% due 05/31/2024		36,300	35,865
2.000% due 06/30/2024		142,800	141,012
2.000% due 02/15/2025		11,021	10,832
2.000% due 08/15/2025		1,400	1,371
2.000% due 11/15/2026		800	777
2.125% due 12/31/2021		30,200	30,451
2.125% due 06/30/2022		19,600	19,720
2.125% due 07/31/2024		49,000	48,742
2.125% due 09/30/2024		117,000	116,276
2.250% due 12/31/2023		89,100	89,599
2.250% due 10/31/2024		551,050	551,846
2.250% due 11/15/2024		63,300	63,366
2.250% due 02/15/2027		28,000	27,734
2.375% due 05/15/2027		25,836	25,852
2.500% due 05/15/2024		98,000	99,836
米国長期国債合計			1,578,295
(取得原価 1,583,895千米ドル)

		額面 (千通貨)	時価 (千米ドル)
モーゲージバック証券 33.5%
Accredited Mortgage Loan Trust
2.183% due 07/25/2035	USD	9,806	9,575
2.933% due 07/25/2035 (b)		715	623
ACE Securities Corporation Home Equity Loan Trust
1.393% due 08/25/2036		9,566	9,302
2.138% due 08/25/2035		5,023	4,360
ALESCO Preferred Funding XI Ltd.
1.778% due 12/23/2036		5,000	3,675
Alternative Loan Trust
1.408% due 01/25/2037 (b)		15,781	15,417
1.408% due 07/25/2046		14,153	13,701
1.418% due 07/25/2036		15,840	14,256
1.428% due 08/25/2046 (b)		23,958	18,822
1.429% due 09/20/2046		3,128	2,600
1.438% due 05/25/2036		25,627	21,944
1.449% due 03/20/2046		12,428	10,659
1.488% due 12/25/2046		26,854	19,777
1.538% due 01/25/2036		4,412	4,235
3.403% due 08/25/2035 (b)		1,025	869
3.649% due 09/25/2034		2,192	2,164
5.500% due 08/25/2035 (b)		139	135
5.500% due 02/25/2036 (b)		31	27
6.000% due 07/25/2037 (b)		58	56
Ameriquest Mortgage Securities Trust
1.578% due 04/25/2036		10,400	10,236
1.648% due 03/25/2036		27,500	24,470
Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates
2.308% due 09/25/2032		685	678
2.993% due 10/25/2034		9,000	7,520
Argent Mortgage Loan Trust
1.718% due 05/25/2035		39,820	36,070
Argent Securities Trust
1.418% due 04/25/2036		9,254	4,156
Argent Securities, Inc. Asset-Backed Pass-Through Certificates
3.938% due 09/25/2033		2,669	2,641
Asset-Backed Funding Certificates Trust
1.898% due 03/25/2035		9,929	9,854
1.973% due 06/25/2035		12,354	12,195
BAMLL Commercial Mortgage Securities Trust
2.039% due 06/15/2028		5,000	5,008
Banc of America Alternative Loan Trust (b)
5.772% due 04/25/2022		364	367
6.000% due 07/25/2046		3,922	3,499
Banc of America Commercial Mortgage Trust
5.819% due 09/10/2045 (b)		8,787	9,146
Bayview Opportunity Master Fund IIIb Trust
3.475% due 04/28/2032		3,440	3,457

		額面 (千通貨)	時価 (千米ドル)
BCAP LLC Trust
1.436% due 07/26/2036	USD	804	771
1.496% due 01/26/2037		1,915	1,846
2.567% due 11/26/2035		44	44
6.600% due 04/26/2036		8,942	7,601
Bear Stearns Adjustable Rate Mortgage Trust
3.615% due 11/25/2034		512	501
Bear Stearns Asset-Backed Securities I Trust
1.438% due 04/25/2037 (b)		7,898	9,524
1.478% due 02/25/2037		10,280	10,932
1.598% due 04/25/2036		12,900	12,803
1.638% due 02/25/2036 (b)		7,436	7,331
1.638% due 05/25/2036 (b)		15,624	9,384
1.668% due 12/25/2035		9,109	9,125
1.738% due 12/25/2035		6,400	6,397
1.938% due 11/25/2035 (b)		6,538	6,827
5.362% due 05/25/2036 (e)		15,624	1,257
Bear Stearns Asset-Backed Securities Trust
1.498% due 10/25/2036		8,166	8,161
3.262% due 06/25/2035		3,853	3,753
BX Trust
2.119% due 07/15/2034		9,500	9,534
2.159% due 07/15/2034		8,250	8,285
2.389% due 07/15/2034		2,500	2,507
CBA Commercial Small Balance Commercial Mortgage
5.540% due 01/25/2039 (b)		2,525	2,143
Centex Home Equity Loan Trust
1.883% due 03/25/2035		5,514	5,417
Chevy Chase Funding LLC Mortgage-Backed Certificates
1.598% due 03/25/2035		1,079	1,032
CIT Mortgage Loan Trust
2.588% due 10/25/2037		25,886	26,080
Citigroup Commercial Mortgage Trust
0.096% due 03/10/2047 (e)		25,400	422
Citigroup Mortgage Loan Trust
1.578% due 01/25/2036		101	102
1.638% due 03/25/2037		15,986	15,852
1.858% due 12/25/2035		6,252	6,280
3.291% due 08/25/2036		8,860	8,269
Citigroup Mortgage Loan Trust, Inc.
1.498% due 01/25/2037		1,860	1,833
1.818% due 07/25/2035		3,174	3,203
2.273% due 05/25/2035		6,300	5,711
Commercial Mortgage Trust
0.151% due 04/10/2047 (e)		33,000	341
Conseco Finance Corp.
6.870% due 04/01/2030		6,684	7,179
7.500% due 03/01/2030		64,312	51,329
7.700% due 09/15/2026		2,941	3,162

		額面 (千通貨)	時価 (千米ドル)
Countrywide Asset-Backed Certificates
1.378% due 06/25/2035 (b)	USD	1,732	1,578
1.378% due 06/25/2037		25,851	23,640
1.378% due 07/25/2037 (b)		3,884	3,453
1.388% due 04/25/2047 (b)		7,173	6,997
1.398% due 05/25/2037 (b)		32,455	31,398
1.408% due 06/25/2047		3,886	3,840
1.458% due 08/25/2037		25,800	22,228
1.518% due 01/25/2045		7,700	7,662
1.740% due 08/26/2033		552	513
1.968% due 06/25/2035		7,000	6,388
1.988% due 02/25/2034 (b)		11,194	11,189
2.393% due 06/25/2033 (b)		1,231	1,181
2.843% due 01/25/2034 (b)		784	762
Countrywide Home Loan Mortgage Pass-Through Trust
3.459% due 11/25/2034		25	25
3.527% due 06/25/2034		3	3
5.500% due 11/25/2035		11,649	10,668
6.000% due 11/25/2037		8,864	7,954
Credit Suisse Mortgage Capital
1.407% due 11/27/2036		8,353	8,419
3.000% due 01/29/2036		3,516	3,533
3.475% due 08/28/2036		5,960	5,965
5.315% due 10/26/2036		493	427
Credit Suisse Mortgage Capital Commercial Mortgage Trust
2.035% due 07/15/2030		8,618	8,630
2.339% due 07/15/2030		24,700	24,664
Credit Suisse Mortgage Capital Trust
1.989% due 07/15/2032		5,200	5,215
2.239% due 07/15/2032		4,000	4,012
2.439% due 07/15/2032		2,400	2,407
Credit-Based Asset Servicing & Securitization Trust
1.388% due 07/25/2036		7,108	6,946
CWABS Asset-Backed Certificates Trust
1.478% due 03/25/2037		33,000	27,170
1.478% due 03/25/2047 (b)		26,535	23,127
2.363% due 12/25/2034		3,011	3,071
4.718% due 06/25/2035		8,644	7,955
Deutsche Alternative-A Securities Mortgage Loan Trust
1.398% due 03/25/2037		16,726	11,950
1.568% due 08/25/2037 (b)		49,734	40,108
Deutsche Mortgage & Asset Receiving Corp.
0.000% due 11/27/2036		8,343	8,254
Dragon Finance BV
1.554% due 07/13/2023	GBP	255	329
DSLA Mortgage Loan Trust
1.538% due 10/19/2045 (b)	USD	6,334	6,303
Dutch Property Finance BV
0.349% due 01/28/2048	EUR	27,494	32,253

		額面 (千通貨)	時価 (千米ドル)
EMC Mortgage Loan Trust
2.288% due 04/25/2042 (b)	USD	10,016	8,387
2.737% due 04/25/2042		1,544	1,521
Eurosail PLC
0.457% due 09/10/2044	GBP	1,472	1,944
Eurosail-UK PLC
1.072% due 09/13/2045		7,418	9,349
1.252% due 06/13/2045		19,616	25,619
FBR Securitization Trust
1.913% due 10/25/2035	USD	13,418	8,252
1.918% due 10/25/2035		17,906	17,328
2.003% due 09/25/2035		7,500	6,454
First Franklin Mortgage Loan Trust
1.388% due 07/25/2036		1,601	1,593
1.398% due 04/25/2036		9,070	8,633
FORT CRE LLC
2.739% due 05/21/2036		2,608	2,610
Freddie Mac Structured Agency Credit Risk Debt Notes
4.488% due 05/25/2025		250	280
Fremont Home Loan Trust
1.378% due 02/25/2037		12,376	10,137
GE Business Loan Trust
1.420% due 11/15/2034		3,814	3,698
GMACM Home Equity Loan Trust
5.952% due 08/25/2037		9,947	10,367
Great Wolf Trust
0.000% due 12/15/2018(e)		104,500	0
2.089% due 09/15/2034		8,400	8,406
2.339% due 09/15/2034		13,900	13,935
Greenpoint Manufactured Housing
7.270% due 06/15/2029		40,026	41,100
GreenPoint Mortgage Funding Trust
1.518% due 11/25/2045		119	96
Grifonas Finance PLC
0.008% due 08/28/2039	EUR	1,299	1,294
GS Mortgage Securities Corp.
3.419% due 11/10/1932	USD	3,300	3,398
4.744% due 11/10/1932		6,100	5,931
GSAA Home Equity Trust
6.500% due 11/25/2037 (b)		29	21
GSAMP Trust
1.388% due 06/25/2036		6,235	6,185
1.398% due 01/25/2037		26,229	17,157
1.398% due 05/25/2046		1,762	1,742
1.498% due 06/25/2036		20,000	18,137
1.883% due 11/25/2035 (b)		7,949	5,384
GSR Mortgage Loan Trust
1.538% due 03/25/2037		12,806	5,806
5.462% due 03/25/2037 (e)		12,806	3,147

		額面 (千通貨)	時価 (千米ドル)
HarborView Mortgage Loan Trust
1.478% due 12/19/2036 (b)	USD	2,001	1,769
1.558% due 08/19/2045		16,007	15,402
Hawksmoor Mortgages PLC
1.680% due 05/25/2053	GBP	8,426	11,315
Home Equity Asset Trust
1.478% due 10/25/2036	USD	23,475	10,290
1.548% due 07/25/2036		576	578
Home Equity Mortgage Loan Asset-Backed Trust
1.378% due 11/25/2036		24,246	22,752
1.418% due 06/25/2036		6,489	6,226
1.898% due 08/25/2035		5,750	5,417
HSI Asset Securitization Corp. Trust
1.488% due 05/25/2037		7,197	6,486
Hyatt Hotel Portfolio Trust
1.897% due 08/09/2020		2,900	2,899
3.093% due 08/09/2020		1,967	1,965
Impac CMB Trust
1.918% due 01/25/2035		27,330	26,922
IMT Trust
1.939% due 06/15/2034		2,400	2,403
2.189% due 06/15/2034		1,800	1,802
2.339% due 06/15/2034		1,100	1,101
IndyMac IMSC Mortgage Loan Trust
3.412% due 06/25/2037 (b)		17,511	15,601
IndyMac INDA Mortgage Loan Trust
3.302% due 03/25/2036 (b)		9,200	8,592
IndyMac INDX Mortgage Loan Trust
1.418% due 02/25/2037 (b)		49,558	46,608
1.428% due 10/25/2036		9,258	6,590
3.330% due 07/25/2037		37,653	35,671
3.437% due 04/25/2037 (b)		14,443	13,643
3.475% due 04/25/2037		28,455	26,555
3.514% due 11/25/2036 (b)		24,262	21,314
IXIS Real Estate Capital Trust
2.003% due 12/25/2035		10,353	10,193
Jefferies Resecuritization Trust
6.919% due 06/25/2047		1,270	1,224
JP Morgan Alternative Loan Trust
1.518% due 04/25/2047		6,043	5,921
3.389% due 03/25/2036 (b)		853	791
5.730% due 03/25/2036 (b)		813	855
JP Morgan Chase Commercial Mortgage Securities Trust
2.090% due 10/15/2032 (c)		22,300	22,328
2.340% due 10/15/2032 (c)		7,000	7,009
2.640% due 10/15/2032 (c)		7,200	7,209
3.380% due 10/15/2032 (c)		11,000	10,959
5.337% due 05/15/2047		332	334
JP Morgan Chase Commercial Re-REMIC Trust
2.689% due 01/15/2033		1,187	1,190
JP Morgan Mortgage Acquisition Corp.
0.000% due 03/25/2036		15,779	14,840

		額面 (千通貨)	時価 (千米ドル)
JP Morgan Mortgage Acquisition Trust
1.408% due 04/25/2036	USD	775	776
1.438% due 05/25/2036		17,692	17,697
1.488% due 07/25/2036		11,062	10,864
1.508% due 05/25/2036		12,851	12,269
1.508% due 08/25/2036		8,600	6,676
1.508% due 06/25/2037		34,606	31,535
JP Morgan Mortgage Trust (b)
1.538% due 10/25/2035		10,903	9,402
3.443% due 01/25/2037		1,477	1,456
JP Morgan Resecuritization Trust
3.551% due 02/26/2037		7,176	6,986
Lansdowne Mortgage Securities No.1 PLC
0.000% due 06/15/2045	EUR	7,113	7,517
LB-UBS Commercial Mortgage Trust
6.114% due 07/15/2040	USD	456	456
Lehman XS Trust
1.428% due 12/25/2036		11,995	8,281
1.498% due 02/25/2047		25,088	21,829
Long Beach Mortgage Loan Trust
1.428% due 02/25/2036		8,791	6,207
1.428% due 03/25/2046		19,688	10,267
1.478% due 01/25/2046		1,184	1,187
3.338% due 06/25/2034		2,120	2,076
Madison Avenue Manufactured Housing Contract Trust
4.488% due 03/25/2032		3,600	3,716
MASTR Adjustable Rate Mortgages Trust
3.080% due 04/25/2034		5	5
MASTR Asset-Backed Securities Trust
1.458% due 11/25/2036		41	29
2.388% due 08/25/2037		20,304	16,426
Merrill Lynch Mortgage Investors Trust
1.618% due 08/25/2035		47	46
3.107% due 02/25/2033		38	37
Morgan Stanley Asset-Backed Securities Capital I, Inc. Trust
1.508% due 03/25/2036		11,250	11,072
1.943% due 07/25/2035		3,820	3,821
1.973% due 07/25/2035		5,512	4,953
2.153% due 11/25/2034		7,262	7,239
2.238% due 03/25/2033		150	148
Morgan Stanley Capital I, Inc. Trust
1.598% due 02/25/2036 (b)		19,249	14,299
Morgan Stanley Dean Witter Capital I Trust
7.579% due 07/15/2033		5,305	5,481
Morgan Stanley Home Equity Loan Trust
1.658% due 12/25/2035		27,533	27,280
Morgan Stanley IXIS Real Estate Capital
1.468% due 07/25/2036		13,861	8,155
Morgan Stanley Mortgage Loan Trust
3.387% due 11/25/2037		2,754	2,597
Mortgage Loan Trust
4.870% due 03/25/2034		3,310	3,233

		額面 (千通貨)	時価 (千米ドル)
Motel 6 Trust
2.159% due 08/15/2034	USD	30,800	30,949
2.429% due 08/15/2034		27,012	27,092
3.389% due 08/15/2034		2,791	2,803
Nationslink Funding Corporation Commercial Loan Pass-Through Certificates
6.450% due 01/22/2026		462	477
Nomura Home Equity Loan, Inc. Home Equity Loan Trust
1.748% due 05/25/2035		7,400	6,468
5.745% due 10/25/2036 (b)		26,927	11,975
Nomura Resecuritization Trust
1.363% due 03/26/2037		9,314	5,255
3.277% due 11/26/2036		6,293	6,268
NovaStar Mortgage Funding Trust
1.398% due 05/25/2036		20,560	20,411
1.398% due 10/25/2036		7,805	4,483
1.718% due 10/25/2035		2,500	2,394
Oncilla Mortgage Funding PLC
1.692% due 12/12/2043	GBP	12,530	16,914
Option One Mortgage Loan Trust
1.338% due 02/25/2037	USD	7,038	5,168
1.358% due 03/25/2037		21,608	20,087
Paragon Mortgages No.13 PLC
0.520% due 01/15/2039	GBP	4,282	5,461
Park Place Securities, Inc. Asset-Backed Pass-Through Certificates
1.728% due 09/25/2035	USD	4,713	4,704
People's Financial Realty Mortgage Securities Trust
1.398% due 09/25/2036		29,643	9,617
PFP Ltd.
2.117% due 07/14/2035		6,771	6,772
2.487% due 07/14/2035		3,229	3,230
Quest Trust
2.663% due 03/25/2035		6,060	5,709
RAAC Trust
1.988% due 06/25/2047		23,049	18,187
RBSGC Mortgage Loan Trust
6.000% due 01/25/2037 (b)		14	13
RBSSP Resecuritization Trust
1.738% due 04/26/2037		240	227
Renaissance Home Equity Loan Trust
1.598% due 11/25/2034		64	60
2.238% due 09/25/2037		75	61
5.612% due 04/25/2037		9,308	4,966
5.675% due 06/25/2037 (b)		3,930	1,931
Renoir CDO BV
0.521% due 10/07/2095	EUR	4,300	4,762
1.571% due 10/07/2095		5,408	6,239
5.184% due 10/07/2095		4,911	5,888
Residential Accredit Securities Corporation Trust
1.388% due 01/25/2037	USD	2,907	2,839
1.398% due 11/25/2036 (b)		8,820	8,398
1.458% due 02/25/2037		14,000	12,726
1.537% due 01/25/2037		37,572	22,106
1.568% due 04/25/2036		17,500	17,067
2.003% due 03/25/2034		4,807	4,824

		額面 (千通貨)	時価 (千米ドル)
Residential Asset Mortgage Products Trust
1.457% due 10/25/2034	USD	5,907	5,679
1.577% due 12/25/2035		17,756	15,020
1.678% due 10/25/2035		5,000	5,014
1.688% due 11/25/2035		13,000	12,292
1.738% due 09/25/2035		12,591	11,665
Residential Asset Securitization Trust
5.500% due 10/25/2035 (b)		5,223	4,975
Residential Mortgage Acceptance Corporation PLC
0.532% due 06/12/2036	GBP	5,319	6,866
Residential Mortgage Securities 29 PLC
1.277% due 12/20/2046		12,376	16,545
Residential Mortgage Securities 30 PLC
1.165% due 03/20/2050		15,260	20,322
Ripon Mortgages PLC
1.082% due 08/20/2056		24,010	32,029
Rochester Financing No.2 PLC
1.633% due 06/20/2045		9,470	12,734
Saxon Asset Securities Trust
2.033% due 03/25/2035 (b)	USD	2,077	2,040
2.288% due 06/25/2033		1,555	1,529
2.988% due 12/25/2037		7,275	7,461
Securitized Asset-Backed Receivables LLC Trust
1.508% due 03/25/2036		11,011	9,909
2.288% due 03/25/2035		8,650	8,135
Sequoia Mortgage Trust
1.439% due 05/20/2035		4,837	4,746
1.759% due 06/20/2034		71	68
Sestante Finance Srl
0.000% due 07/23/2046	EUR	15,283	15,187
SG Mortgage Securities Trust
1.418% due 02/25/2036	USD	6,657	4,521
Slate No.1 PLC
1.854% due 01/24/2051	GBP	7,819	10,456
2.254% due 01/24/2051		2,600	3,471
Soundview Home Loan Trust
1.518% due 06/25/2036 (b)	USD	5,975	2,715
1.548% due 06/25/2036 (b)		45,587	24,505
1.888% due 03/25/2036		8,102	5,190
Specialty Underwriting & Residential Finance Trust
2.213% due 12/25/2035		3,239	3,239
2.218% due 10/25/2035		3,677	3,619
Stonemont Portfolio Trust
2.085% due 08/20/2030		26,300	26,390
2.335% due 08/20/2030		11,300	11,332
Structured Adjustable Rate Mortgage Loan Trust
1.558% due 10/25/2035		12,034	11,743
2.401% due 05/25/2035 (b)		151	125
3.626% due 06/25/2037		14,007	13,697
4.123% due 07/25/2035 (b)		4,562	3,761
Structured Asset Investment Loan Trust
1.388% due 06/25/2036		16,216	15,839
1.958% due 04/25/2035		4,440	4,394
2.038% due 02/25/2034		37,463	37,512
2.438% due 12/25/2034		12,273	12,130

		額面 (千通貨)	時価 (千米ドル)
Structured Asset Mortgage Investments II Trust
1.913% due 04/19/2035	USD	5,147	5,001
Structured Asset Mortgage Investments Trust
1.898% due 09/19/2032		75	74
Structured Asset Securities Corporation Mortgage Loan Trust
1.368% due 05/25/2036		18,742	17,865
1.498% due 04/25/2036		1,242	1,228
1.738% due 04/25/2031		8,945	8,007
1.858% due 11/25/2035		19,865	19,674
Sutherland Commercial Mortgage Loans
3.192% due 05/25/2037		3,853	3,892
Taurus CMBS UK Ltd.
1.685% due 05/01/2022	GBP	1,066	1,421
Theatre Hospitals No.1 PLC
3.379% due 10/15/2031		1,456	1,897
Theatre Hospitals No.2 PLC
3.379% due 10/15/2031		685	893
Trinity Square PLC
1.529% due 07/15/2051		719	967
Twin Bridges PLC
1.143% due 09/12/2044		20,100	26,747
VOLT LIX LLC
3.250% due 05/25/2047	USD	4,567	4,608
VOLT LX LLC
3.250% due 04/25/2059		31,177	31,415
VOLT XXII LLC
3.500% due 02/25/2055		1,177	1,184
Waldorf Astoria Boca Raton Trust
2.589% due 06/15/2029		6,100	6,111
WaMu Mortgage Pass-Through Certificates Trust
1.958% due 01/25/2045		188	181
Warwick Finance Residential Mortgages Number Three PLC
0.000% due 12/21/2049	GBP	1	509
0.000% due 12/21/2049		1	4,082
1.286% due 12/21/2049		56,240	74,722
1.986% due 12/21/2049		4,921	6,546
2.486% due 12/21/2049		2,460	3,276
2.986% due 12/21/2049		1,406	1,873
3.486% due 12/21/2049		1,406	1,874
Washington Mutual Mortgage Pass-Through Certificates WMALT Trust
1.794% due 10/25/2046 (b)	USD	22,961	15,809
Wells Fargo Home Equity Asset-Backed Securities Trust
1.448% due 03/25/2037		3,402	2,940
1.508% due 07/25/2036		10,000	9,663
Wells Fargo Home Equity Trust Mortgage Pass-Through Certificates
1.538% due 04/25/2034		8,609	8,539
Wells Fargo Mortgage-Backed Securities Trust
3.624% due 10/25/2036 (b)		747	710
WFCG Commercial Mortgage Trust
4.959% due 11/15/2029		3,455	3,466
WFRBS Commercial Mortgage Trust
0.431% due 03/15/2047 (e)		8,800	240
モーゲージバック証券合計			2,752,132
(取得原価 2,681,526千米ドル)

		額面 (千通貨)	時価 (千米ドル)
アセットバック証券 12.2%
AASET Trust
3.967% due 05/16/2042	USD	485	487
Aircraft Certificate Owner Trust
7.001% due 09/20/2022		867	926
American Homes 4 Rent Trust
6.231% due 10/17/2036		1,150	1,287
AmeriCredit Automobile Receivables Trust
1.650% due 09/18/2020		9,200	9,195
Anchorage Capital CLO 4 Ltd.
2.518% due 07/28/2026		1,600	1,608
3.058% due 07/28/2026		14,500	14,572
Arbor Realty Commercial Real Estate Notes Ltd.
2.349% due 08/15/2027		7,960	7,967
Avant Loans Funding Trust
2.290% due 06/15/2020 (c)		10,200	10,202
2.410% due 03/15/2021		288	288
Avery Point III CLO Ltd.
2.474% due 01/18/2025		4,660	4,678
Babson Euro CLO BV
1.300% due 04/15/2027	EUR	17,350	20,388
Bavarian Sky S.A.
0.027% due 05/20/2024		8,070	9,439
0.029% due 10/20/2024		3,500	4,094
Black Diamond CLO Ltd.
2.403% due 02/06/2026	USD	11,600	11,614
Bowman Park CLO Ltd.
2.494% due 11/23/2025		6,700	6,738
Bsprt Issuer Ltd.
2.665% due 06/15/2027		4,100	4,118
3.715% due 06/15/2027		1,300	1,308
Business Loan Express Business Loan Trust
1.528% due 09/25/2038		2,774	2,553
1.788% due 09/25/2038		1,345	1,246
2.338% due 09/25/2038		97	92
Cadogan Square CLO III BV
0.277% due 01/17/2023	EUR	1,500	1,751
Capitalsource Real Estate Loan Trust
1.740% due 01/20/2037	USD	17,204	16,428
2.000% due 01/20/2037		13,400	12,661
2.100% due 01/20/2037		4,800	4,522
2.200% due 01/20/2037		2,700	2,462
Carlyle Global Market Strategies CLO Ltd.
2.565% due 05/15/2025		8,400	8,468
Carlyle Global Market Strategies Euro CLO Ltd.
0.659% due 08/15/2027	EUR	7,400	8,637
Cavendish Square Funding PLC
0.612% due 02/11/2055		1,500	1,673
CELF Loan Partners III PLC
1.202% due 11/01/2023		3,010	3,505
CPS Auto Receivables Trust
1.780% due 09/15/2020	USD	9,123	9,121
CPS Auto Trust
1.870% due 03/15/2021		1,470	1,470

		額面 (千通貨)	時価 (千米ドル)
Crestline Denali CLO Ltd.
0.000% due 10/26/2027	USD	11,000	10,997
Crown Point CLO II Ltd.
1.949% due 12/31/2023		5,000	5,000
Dekania Europe CDO I PLC
0.271% due 09/07/2035	EUR	192	222
Denali Capital CLO XI Ltd.
2.513% due 04/20/2027	USD	23,000	23,003
Drive Auto Receivables Trust
1.650% due 08/15/2019		4,000	4,000
Dryden 32 Euro CLO BV
0.659% due 08/23/2026	EUR	20,200	23,577
Dryden 35 Euro CLO BV
0.699% due 05/17/2027		17,285	20,162
DT Auto Owner Trust
1.720% due 05/15/2020	USD	5,248	5,248
1.730% due 08/17/2020		6,941	6,938
Emerson Park CLO Ltd.
2.559% due 07/15/2025		13,030	13,076
Euromax VI ABS Ltd.
0.000% due 04/18/2097	EUR	172	195
FAB CBO BV
0.471% due 12/31/2078		148	172
0.729% due 08/20/2080		500	546
Finn Square CLO Ltd.
2.538% due 12/24/2023	USD	1,697	1,705
Flatiron CLO Ltd.
2.513% due 01/17/2026		13,400	13,478
2.533% due 07/17/2026		9,600	9,628
Galleria CDO V Ltd.
1.844% due 09/19/2037		1,059	1,048
GM Financial Automobile Leasing Trust
1.539% due 01/21/2020		37,000	37,059
Halcyon Loan Advisors Funding Ltd.
2.463% due 10/22/2025		5,800	5,800
2.511% due 08/01/2025		5,600	5,622
Harbourmaster CLO 9 BV
0.111% due 05/08/2023	EUR	1,126	1,316
0.321% due 05/08/2023		7,150	8,333
Harbourmaster Pro-Rata CLO 2 BV
0.121% due 10/15/2022		893	1,041
Highlander Euro CDO III BV
0.041% due 05/01/2023		3,210	3,740
Ivory CDO Ltd.
0.121% due 10/31/2099		1,577	1,837
Jubilee CDO I-R BV
0.278% due 07/30/2024		12,565	14,671
Jubilee CDO V BV
0.089% due 08/21/2021		261	304
0.329% due 08/21/2021		10,312	12,021
Lime Street CLO Ltd.
1.565% due 06/20/2021	USD	5,329	5,335
Lockwood Grove CLO Ltd.
2.837% due 04/25/2025		13,025	13,107

		額面 (千通貨)	時価 (千米ドル)
METAL LLC
4.581% due 10/15/2042 (c)	USD	19,000	19,000
MMcapS Funding XVII Ltd.
1.666% due 12/01/2035		2,072	1,844
National Collegiate III Commutation Trust
3.705% due 03/25/2038		928	917
National Collegiate Student Loan Trust
1.367% due 06/26/2028		1,238	1,236
1.447% due 11/25/2027		5,148	5,062
1.477% due 07/25/2030		4,618	4,518
1.507% due 03/26/2029		38,076	37,361
1.528% due 10/25/2033		24,247	22,315
1.708% due 06/25/2029		8,299	8,138
Navient Private Education Loan Trust
3.389% due 12/15/2045		10,000	10,403
Navient Student Loan Trust
2.388% due 03/25/2066		4,089	4,155
2.488% due 06/25/2065		2,531	2,588
Nelnet Student Loan Trust
1.837% due 03/25/2030		10,019	10,069
2.038% due 09/25/2065		6,766	6,866
2.147% due 07/27/2048		5,516	5,579
OCP CLO Ltd.
2.203% due 04/17/2027		16,800	16,800
OZLM VI Ltd.
2.653% due 04/17/2026		19,000	19,114
Pallas CDO II BV
0.000% due 07/16/2082	EUR	3,885	4,458
Palmer Square CLO Ltd.
2.573% due 10/17/2027	USD	1,900	1,913
Pangaea ABS SPV
0.000% due 12/28/2096	EUR	1,922	2,236
Panther CDO III BV
0.490% due 12/12/2080		2,190	2,546
1.590% due 12/12/2080		1,505	1,747
Penta CLO 1 S.A.
1.096% due 06/04/2024		200	232
Penta Clo 2 B.V.
0.790% due 08/04/2028		16,600	19,430
Phoenix Park CLO DAC
0.769% due 07/29/2027		4,400	5,153
Progress Residential Trust
2.737% due 09/17/2033	USD	9,913	10,047
SCF RC Funding II LLC
4.100% due 06/25/2047		4,677	4,701
Securitized Term Auto Receivables Trust
1.775% due 01/27/2020		1,700	1,700

		額面 (千通貨)	時価 (千米ドル)
Silver Arrow Compartment Silver Arrow UK
0.638% due 07/20/2023	GBP	26,800	35,619
Silver Arrow SA Compartment 7
0.000% due 07/15/2024	EUR	2,435	2,844
SLC Student Loan Trust
1.430% due 03/15/2027	USD	19,148	19,137
SLM Private Credit Student Loan Trust
1.520% due 06/15/2023		8,555	8,543
SLM Student Loan Trust
1.487% due 01/25/2027		7,522	7,493
Sofi Consumer Loan Program LLC
2.770% due 05/25/2026		3,540	3,551
SoFi Professional Loan Program LLC
1.720% due 09/25/2040		12,101	12,080
1.860% due 11/26/2040		6,500	6,490
2.650% due 09/25/2040		3,200	3,203
Sorrento Park CLO DAC
0.621% due 11/16/2027	EUR	21,650	25,229
SpringCastle America Funding LLC
3.050% due 04/25/2029	USD	2,855	2,874
Springleaf Funding Trust
2.680% due 07/15/2030		22,700	22,664
Starwood Waypoint Homes Trust
2.187% due 01/17/2035		11,757	11,802
2.405% due 01/17/2035		1,400	1,393
2.637% due 01/17/2035		4,727	4,690
3.187% due 01/17/2035		8,600	8,592
Stichting Halcyon Structured Asset Management European CLO
0.146% due 07/24/2023	EUR	2,832	3,308
Symphony CLO XIV Ltd.
2.639% due 07/14/2026	USD	33,900	34,162
Telos CLO Ltd.
2.623% due 01/17/2027		17,200	17,236
THL Credit Wind River CLO Ltd.
2.809% due 01/15/2026		10,000	10,105
Tropic CDO V Ltd.
1.478% due 07/15/2036		16,608	14,034
TruPS Financials Note Securitization Ltd.
0.000% due 09/20/2039		7,000	6,860
3.040% due 04/20/2038		6,658	6,658
Venture XVII CLO Ltd.
2.439% due 07/15/2026		36,720	36,723
Vertical Bridge CC LLC
5.193% due 10/15/2046		395	400
WhiteHorse IX Ltd.
2.513% due 07/17/2026		3,800	3,800
WhiteHorse VI Ltd.
2.511% due 02/03/2025		6,232	6,258

		額面 (千通貨)	時価 (千米ドル)
Wood Street CLO V BV
0.008% due 09/14/2023	EUR	5,300	6,177
Zoo Abs 4 PLC
0.091% due 11/10/2096		442	516
0.451% due 11/10/2096		5,470	6,242
1.601% due 11/10/2096		6,877	7,911
アセットバック証券合計			999,401
(取得原価 982,930千米ドル)
ソブリン発行体 3.1%
Abu Dhabi Government International Bond
2.500% due 10/11/2022	USD	9,700	9,645
3.125% due 10/11/2027		30,800	30,435
4.125% due 10/11/2047		8,500	8,437
Argentina Government International Bond
2.260% due 12/31/2038	EUR	8,800	7,327
3.875% due 01/15/2022		9,800	11,843
5.000% due 01/15/2027		1,100	1,297
7.820% due 12/31/2033		18,165	24,376
23.743% due 04/03/2022	ARS	730,720	43,675
24.756% due 03/01/2020		25,700	1,596
Argentina POM Politica Monetaria
27.146% due 06/21/2020		466,146	29,154
Autonomous Community of Catalonia
4.750% due 06/04/2018	EUR	417	493
4.900% due 09/15/2021		1,350	1,657
4.950% due 02/11/2020		250	307
6.350% due 11/30/2041		250	313
Corp. Andina de Fomento
3.950% due 10/15/2021 (f)	MXN	700	36
KSA Sukuk Ltd.
2.894% due 04/20/2022	USD	5,200	5,213
3.628% due 04/20/2027		3,300	3,356
Kuwait International Government Bond
2.750% due 03/20/2022		4,460	4,507
3.500% due 03/20/2027		13,800	14,110
Mexico Government International Bond
4.000% due 03/15/2115	EUR	200	219
Peru Government International Bond
5.700% due 08/12/2024	PEN	13,000	4,252
6.150% due 08/12/2032		35,505	11,485
8.200% due 08/12/2026		12,400	4,687
Russia Government International Bond
5.625% due 04/04/2042	USD	600	663
Saudi Government International Bond
2.875% due 03/04/2023		8,200	8,175
3.250% due 10/26/2026		1,000	985
3.625% due 03/04/2028		9,200	9,143
4.500% due 10/26/2046		6,200	6,224
4.625% due 10/04/2047		11,000	11,280

		額面 (千通貨)	時価 (千米ドル)
Sri Lanka Government International Bond
6.200% due 05/11/2027	USD	800	852
Venezuela Government International Bond
9.250% due 09/15/2027		3,319	1,236
ソブリン発行体合計			256,978
(取得原価 252,444千米ドル)
		証券数
普通株式 0.4%
Caesars Entertainment Corp.		1,078,632	13,968
Eurobank Ergasias S.A.		10,169,333	8,307
National Bank of Greece S.A.		1,025,700	339
Towergate Finance PLC		1,237,781	1,644
VICI Properties, Inc.		537,058	9,936
普通株式合計			34,194
(取得原価 26,772千米ドル)
エクイティリンク債 0.0%
Dynegy, Inc.
02/02/2024		14,798	4
Sequa Corp.
04/28/2024		42,000	15
エクイティリンク債合計			19
(取得原価 0千米ドル)
転換型優先証券 0.0%
VICI Properties, Inc. (a)		22,919	1,828
転換型優先証券合計			1,828
(取得原価 753千米ドル)
優先証券 0.2%
Nationwide Building Society
10.250% (a)		55,000	11,485
Sequa Corp.		760	722
Stichting AK Rabobank Certificaten
6.500% (a)		17,310	2,537
VICI Properties, Inc.		29,208	2,329
優先証券合計			17,073
(取得原価 15,151千米ドル)
		額面 (千通貨)
短期金融商品 7.9%
銀行引受手形 3.7%
Bank of Montreal
1.191% due 11/14/2017	CAD	18,800	14,577
1.207% due 11/22/2017		8,700	6,744
1.219% due 11/30/2017		7,800	6,045
1.228% due 11/27/2017		34,900	27,050
Bank of Nova Scotia
1.181% due 12/01/2017		29,600	22,939
1.238% due 12/04/2017		18,256	14,147
1.264% due 11/27/2017		5,100	3,953
1.273% due 12/29/2017 (g)		29,000	22,452

		額面 (千通貨)	時価 (千米ドル)
Canadian Imperial Bank of Commerce
1.203% due 11/24/2017	CAD	47,200	36,587
1.214% due 12/04/2017 (g)		65,100	50,446
HSBC Bank Canada
(0.059%) due 11/21/2017		2,900	2,248
1.252% due 12/01/2017		38,500	29,837
1.280% due 11/06/2017		5,200	4,033
Royal Bank of Canada
1.203% due 11/14/2017		10,200	7,909
1.220% due 11/27/2017 (g)		41,300	32,011
1.237% due 11/30/2017		3,200	2,480
TD Bank
1.202% due 11/20/2017		26,900	20,854
			304,312
譲渡性預金 0.7%
Barclays Bank PLC
1.781% due 03/16/2018	USD	4,000	4,005
1.827% due 05/17/2018		44,800	44,840
Mizuho Bank Ltd.
2.010% due 12/12/2017		6,800	6,806
			55,651
コマーシャル・ペーパー 0.2%
Federal Home Loan Bank
1.037% due 11/17/2017		3,200	3,199
Ford Motor Credit Co.
1.845% due 04/02/2018 (g)		9,000	8,933
1.920% due 05/02/2018		2,900	2,874
			15,006
レポ契約 2.8%
			227,400
定期預金 0.2%
ANZ National Bank
0.680% due 11/01/2017		13	13
Bank of Nova Scotia
0.680% due 11/01/2017		1,097	1,097
Bank of Tokyo-Mitsubishi UFJ Ltd.
(0.240%) due 11/01/2017	JPY	222,109	1,955
Brown Brothers Harriman & Co.
(0.650%) due 11/01/2017	DKK	1,847	289
(0.568%) due 11/01/2017	EUR	18	21
(0.240%) due 11/01/2017	JPY	174	2
0.050% due 11/01/2017	GBP	11	14
0.680% due 11/01/2017	USD	2	2
0.741% due 11/01/2017	AUD	19	15
7.250% due 11/01/2017	ZAR	30	2
Citibank N.A.
0.680% due 11/01/2017	USD	1,357	1,357

		額面 (千通貨)	時価 (千米ドル)
DBS Bank Ltd.
0.680% due 11/01/2017	USD	1,607	1,607
Deutsche Bank AG
(0.568%) due 11/01/2017	EUR	3,305	3,850
0.680% due 11/01/2017	USD	1,008	1,008
DnB NORBank ASA
0.680% due 11/01/2017		370	370
HSBC Bank
0.050% due 11/01/2017	GBP	638	848
JPMorgan Chase & Co.
0.680% due 11/01/2017	USD	2,732	2,732
National Australia Bank Ltd.
0.741% due 11/01/2017	AUD	1,556	1,193
Sumitomo Mitsui Banking Corp.
(0.568%) due 11/01/2017	EUR	199	231
(0.240%) due 11/01/2017	JPY	54	0
Wells Fargo Bank
0.680% due 11/01/2017	USD	2,741	2,741
7.250% due 11/01/2017	ZAR	41	3
			19,350
アルゼンチン短期国債 0.3%
2.780% due 03/16/2018	USD	5,800	5,737
2.780% due 09/28/2018		10,100	9,820
2.825% due 01/26/2018 (g)		5,747	5,709
2.850% due 02/09/2018		1,308	1,298
3.163% due 12/15/2017 (g)		3,446	3,435
			25,999
短期金融商品合計			647,718
(取得原価 653,958千米ドル)
有価証券投資合計 104.7%			8,602,680
(取得原価 8,447,486千米ドル)
金融デリバティブ商品 0.1%			(5,258)
(取得原価またはプレミアム(純額) (28,196千米ドル))
その他の資産および負債(純額) (4.6%)			(380,513)
純資産 100.0%			8,216,909

投資有価証券明細表に対する注記(単位:千米ドル*):
*額面及び時価が0となっている証券は、千単位未満で四捨五入した数値を表示しています。
(a)永久債の償還日は、コール日を記載しています。
(b)当該証券は、デフォルト状態にあります。
(c)発行日前取引証券です。
(d)ペイメント・イン・カインド債券です。当該債券は、利息支払いに現金ではなく現物債を充当できる債券です。
(e)インタレスト・オンリー証券(IO証券)です。不動産担保証券のキャッシュフローを金利部分と元本部分に分離し、金利部分のキャッシュフローを証券化した商品をIO証券と言います。
(f)当該証券の額面金額は、インフレ調整後のものです。
(g)利率は加重平均レートを表します。