Bank Loan Obligations - 0.0%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
COLOMBIA - 0.0%
|
|||
Energy - 0.0%
|
|||
Oil, Gas & Consumable Fuels - 0.0%
|
|||
Canacol Energy Ltd Tranche DIP 1LN, term loan CME Term SOFR 3 month Index + 9%, 13% 6/30/2026 (b)(c)(d)(e)
(Cost $335,312)
|
344,848
|
344,847
|
|
Common Stocks - 0.3%
|
|||
Shares
|
Value ($)
|
||
BRAZIL - 0.3%
|
|||
Industrials - 0.3%
|
|||
Passenger Airlines - 0.3%
|
|||
Azul SA (PN)
|
279,235
|
3,979,099
|
|
Azul SA ADR
|
90,416
|
1,997,152
|
|
TOTAL BRAZIL
|
5,976,251
|
||
|
TOTAL COMMON STOCKS
(Cost $4,342,734)
|
5,976,251
|
||
Convertible Preferred Stocks - 0.2%
|
|||
Shares
|
Value ($)
|
||
BRAZIL - 0.2%
|
|||
Materials - 0.2%
|
|||
Metals & Mining - 0.2%
|
|||
Vale SA Series A6, 1.9554% (c)
(Cost $4,047,266)
|
646,439
|
5,397,548
|
|
Foreign Government and Government Agency Obligations - 45.2%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
ALBANIA - 0.1%
|
|||
Republic of Albania 4.75% 2/14/2035 (f)
|
EUR
|
2,415,000
|
2,732,759
|
ANGOLA - 0.8%
|
|||
Angola Republic 8.25% 5/9/2028 (i)
|
5,004,000
|
5,044,032
|
|
Angola Republic 8.75% 4/14/2032 (i)
|
4,065,000
|
3,945,083
|
|
Angola Republic 9.244% 1/15/2031 (i)
|
2,870,000
|
2,901,391
|
|
Angola Republic 9.375% 3/31/2033 (i)
|
2,475,000
|
2,433,130
|
|
Angola Republic 9.375% 5/8/2048 (i)
|
2,975,000
|
2,634,028
|
|
Angola Republic 9.875% 10/15/2035 (i)
|
1,730,000
|
1,732,594
|
|
TOTAL ANGOLA
|
18,690,258
|
||
ARGENTINA - 4.0%
|
|||
Argentine Republic 0.75% 7/9/2030 (k)
|
40,487,261
|
33,928,325
|
|
Argentine Republic 1% 7/9/2029
|
6,947,895
|
6,100,251
|
|
Argentine Republic 3.5% 7/9/2041 (k)
|
14,520,000
|
9,713,880
|
|
Argentine Republic 4.125% 7/9/2035 (k)
|
36,067,842
|
26,077,050
|
|
Argentine Republic 5% 1/9/2038 (k)
|
21,471,530
|
16,189,534
|
|
TOTAL ARGENTINA
|
92,009,040
|
||
ARMENIA - 0.3%
|
|||
Republic of Armenia 3.6% 2/2/2031 (i)
|
2,505,000
|
2,229,375
|
|
Republic of Armenia 6.75% 3/12/2035 (i)
|
5,360,000
|
5,419,496
|
|
TOTAL ARMENIA
|
7,648,871
|
||
BAHAMAS (NASSAU) - 0.2%
|
|||
Bahamas Government International Bond 8.25% 6/24/2036 (i)
|
3,640,000
|
3,895,816
|
|
BAHRAIN - 0.4%
|
|||
Bahrain Kingdom 5.625% 5/18/2034 (i)
|
1,330,000
|
1,171,729
|
|
Bahrain Kingdom 5.875% 2/6/2034 (i)
|
2,300,000
|
2,138,241
|
|
Bahrain Kingdom 6.625% 10/6/2037 (i)
|
1,720,000
|
1,559,318
|
|
Bahrain Kingdom 7.1% 2/3/2038 (i)
|
3,315,000
|
3,107,929
|
|
Bahrain Kingdom 7.5% 2/12/2036 (i)
|
1,925,000
|
1,891,313
|
|
TOTAL BAHRAIN
|
9,868,530
|
||
BENIN - 0.3%
|
|||
Republic of Benin 7.96% 2/13/2038 (i)
|
4,900,000
|
4,793,796
|
|
Republic of Benin 8.375% 1/23/2041 (i)
|
1,715,000
|
1,691,985
|
|
TOTAL BENIN
|
6,485,781
|
||
BERMUDA - 0.6%
|
|||
Republic of Bermuda 2.375% 8/20/2030 (i)
|
520,000
|
470,112
|
|
Republic of Bermuda 3.375% 8/20/2050 (i)
|
1,825,000
|
1,247,680
|
|
Republic of Bermuda 3.717% 1/25/2027 (i)
|
7,240,000
|
7,181,175
|
|
Republic of Bermuda 4.75% 2/15/2029 (i)
|
3,960,000
|
3,973,860
|
|
Republic of Bermuda 5% 7/15/2032 (i)
|
1,590,000
|
1,584,038
|
|
TOTAL BERMUDA
|
14,456,865
|
||
BRAZIL - 1.7%
|
|||
Brazil Notas do Tesouro Nacional Serie B 3.875% 6/12/2030
|
6,525,000
|
6,228,113
|
|
Brazil Notas do Tesouro Nacional Serie B 5.625% 2/21/2047
|
920,000
|
768,659
|
|
Brazil Notas do Tesouro Nacional Serie B 6% 10/20/2033
|
3,180,000
|
3,182,385
|
|
Brazil Notas do Tesouro Nacional Serie B 6.25% 5/22/2036
|
3,305,000
|
3,243,940
|
|
Brazil Notas do Tesouro Nacional Serie B 6.625% 3/15/2035
|
2,550,000
|
2,608,650
|
|
Brazil Notas do Tesouro Nacional Serie B 7.125% 1/20/2037
|
6,165,000
|
6,696,485
|
|
Brazil Notas do Tesouro Nacional Serie B 8.25% 1/20/2034
|
11,540,000
|
13,097,900
|
|
Federative Republic of Brazil 7.250% 1/12/2056
|
3,375,000
|
3,304,125
|
|
TOTAL BRAZIL
|
39,130,257
|
||
CHILE - 1.2%
|
|||
Chilean Republic 2.45% 1/31/2031
|
12,490,000
|
11,420,356
|
|
Chilean Republic 2.75% 1/31/2027
|
2,635,000
|
2,587,570
|
|
Chilean Republic 3.1% 1/22/2061
|
6,730,000
|
4,159,140
|
|
Chilean Republic 3.5% 1/31/2034
|
2,180,000
|
1,966,360
|
|
Chilean Republic 4% 1/31/2052
|
1,910,000
|
1,483,593
|
|
Chilean Republic 4.34% 3/7/2042
|
2,615,000
|
2,293,355
|
|
Chilean Republic 5.33% 1/5/2054
|
4,770,000
|
4,507,650
|
|
TOTAL CHILE
|
28,418,024
|
||
COLOMBIA - 2.0%
|
|||
Colombian Republic 3% 1/30/2030
|
8,400,000
|
7,543,200
|
|
Colombian Republic 3.125% 4/15/2031
|
5,855,000
|
5,000,170
|
|
Colombian Republic 3.25% 4/22/2032
|
2,805,000
|
2,339,370
|
|
Colombian Republic 4.125% 5/15/2051
|
2,355,000
|
1,427,719
|
|
Colombian Republic 5% 6/15/2045
|
4,650,000
|
3,330,563
|
|
Colombian Republic 5.2% 5/15/2049
|
6,915,000
|
4,967,045
|
|
Colombian Republic 5.375% 1/21/2029
|
3,455,000
|
3,429,088
|
|
Colombian Republic 6.125% 1/18/2041
|
440,000
|
383,371
|
|
Colombian Republic 6.125% 1/21/2031
|
1,245,000
|
1,225,079
|
|
Colombian Republic 6.5% 1/21/2033
|
2,005,000
|
1,959,888
|
|
Colombian Republic 7.375% 4/25/2030
|
2,385,000
|
2,475,630
|
|
Colombian Republic 7.375% 9/18/2037
|
1,475,000
|
1,469,174
|
|
Colombian Republic 7.5% 2/2/2034
|
2,055,000
|
2,101,751
|
|
Colombian Republic 8% 11/14/2035
|
2,860,000
|
2,994,563
|
|
Colombian Republic 8% 4/20/2033
|
1,530,000
|
1,615,298
|
|
Colombian Republic 8.5% 4/25/2035
|
2,675,000
|
2,889,000
|
|
Colombian Republic 8.75% 11/14/2053
|
2,695,000
|
2,888,366
|
|
TOTAL COLOMBIA
|
48,039,275
|
||
COSTA RICA - 0.3%
|
|||
Republic of Costa Rica 5.625% 4/30/2043 (i)
|
1,855,000
|
1,725,150
|
|
Republic of Costa Rica 6.125% 2/19/2031 (i)
|
1,370,000
|
1,400,140
|
|
Republic of Costa Rica 6.55% 4/3/2034 (i)
|
1,320,000
|
1,392,270
|
|
Republic of Costa Rica 7.3% 11/13/2054 (i)
|
3,030,000
|
3,287,550
|
|
TOTAL COSTA RICA
|
7,805,110
|
||
COTE D'IVOIRE - 0.7%
|
|||
Cote d'Ivoire 6.125% 6/15/2033 (i)
|
5,840,000
|
5,485,220
|
|
Cote d'Ivoire 6.375% 3/3/2028 (i)
|
1,656,828
|
1,666,769
|
|
Cote d'Ivoire 6.75% 2/25/2041 (i)
|
3,190,000
|
2,791,250
|
|
Cote d'Ivoire 8.075% 4/1/2036 (i)
|
2,855,000
|
2,900,929
|
|
Cote d'Ivoire 8.25% 1/30/2037 (i)
|
2,790,000
|
2,855,860
|
|
TOTAL COTE D'IVOIRE
|
15,700,028
|
||
DOMINICAN REPUBLIC - 1.8%
|
|||
Dominican Republic 4.5% 1/30/2030 (i)
|
2,115,000
|
2,009,250
|
|
Dominican Republic 4.875% 9/23/2032 (i)
|
12,965,000
|
11,950,489
|
|
Dominican Republic 5.75% 3/17/2034 (i)
|
1,965,000
|
1,870,680
|
|
Dominican Republic 5.95% 1/25/2027 (i)
|
6,155,000
|
6,185,775
|
|
Dominican Republic 6% 7/19/2028 (i)
|
3,955,000
|
3,978,730
|
|
Dominican Republic 6.5% 2/15/2048 (i)
|
2,135,000
|
2,002,630
|
|
Dominican Republic 6.6% 6/1/2036 (i)
|
2,112,000
|
2,117,808
|
|
Dominican Republic 6.85% 1/27/2045 (i)
|
3,300,000
|
3,209,250
|
|
Dominican Republic 7.05% 2/3/2031 (i)
|
2,795,000
|
2,890,030
|
|
Dominican Republic 7.15% 2/24/2055 (i)
|
3,595,000
|
3,639,488
|
|
Dominican Republic 7.45% 4/30/2044 (i)
|
3,510,000
|
3,657,420
|
|
TOTAL DOMINICAN REPUBLIC
|
43,511,550
|
||
ECUADOR - 0.9%
|
|||
Ecuador Government International Bond 6.9% 7/31/2030 (i)(k)
|
7,612,664
|
7,407,122
|
|
Ecuador Government International Bond 6.9% 7/31/2035 (i)(k)
|
8,575,000
|
7,520,275
|
|
Ecuador Government International Bond 8.75% 1/29/2034 (i)
|
5,485,000
|
5,384,899
|
|
Ecuador Government International Bond 9.25% 1/29/2039 (i)
|
1,555,000
|
1,525,454
|
|
TOTAL ECUADOR
|
21,837,750
|
||
EGYPT - 1.5%
|
|||
Arab Republic of Egypt 6.375% 4/11/2031 (i)
|
EUR
|
2,425,000
|
2,641,795
|
Arab Republic of Egypt 7.5% 1/31/2027 (i)
|
7,330,000
|
7,359,101
|
|
Arab Republic of Egypt 7.5% 2/16/2061 (i)
|
5,040,000
|
3,832,416
|
|
Arab Republic of Egypt 7.903% 2/21/2048 (i)
|
4,675,000
|
3,784,115
|
|
Arab Republic of Egypt 8.5% 1/31/2047 (i)
|
7,100,000
|
6,119,322
|
|
Arab Republic of Egypt 8.7002% 3/1/2049 (i)
|
4,745,000
|
4,141,151
|
|
Arab Republic of Egypt Treasury Bills 0% 4/14/2026 (j)
|
EGP
|
59,125,000
|
1,074,941
|
Arab Republic of Egypt Treasury Bills 0% 6/2/2026 (j)
|
EGP
|
137,725,000
|
2,429,597
|
Arab Republic of Egypt Treasury Bills 0% 6/9/2026 (j)
|
EGP
|
139,300,000
|
2,428,879
|
Egyptian Financial Co for Sovereign Taskeek/The 7.95% 10/7/2032 (i)
|
1,685,000
|
1,692,582
|
|
TOTAL EGYPT
|
35,503,899
|
||
EL SALVADOR - 0.4%
|
|||
El Salvador Republic 0.25% 4/17/2030 (i)
|
2,770,000
|
101,798
|
|
El Salvador Republic 7.1246% 1/20/2050 (i)
|
3,170,000
|
2,694,500
|
|
El Salvador Republic 7.625% 2/1/2041 (i)
|
935,000
|
886,380
|
|
El Salvador Republic 7.65% 6/15/2035 (i)
|
1,490,000
|
1,458,710
|
|
El Salvador Republic 9.25% 4/17/2030 (i)
|
2,770,000
|
2,884,955
|
|
El Salvador Republic 9.65% 11/21/2054 (i)
|
1,645,000
|
1,753,570
|
|
TOTAL EL SALVADOR
|
9,779,913
|
||
GABON - 0.1%
|
|||
Gabonese Republic 6.625% 2/6/2031 (i)
|
1,800,000
|
1,504,800
|
|
Gabonese Republic 7% 11/24/2031 (i)
|
1,530,000
|
1,266,473
|
|
TOTAL GABON
|
2,771,273
|
||
GHANA - 0.2%
|
|||
Ghana Republic 0% 1/3/2030 (i)(j)
|
213,267
|
179,411
|
|
Ghana Republic 0% 7/3/2026 (i)(j)
|
79,880
|
78,481
|
|
Ghana Republic 5% 7/3/2029 (i)(k)
|
2,337,449
|
2,227,589
|
|
Ghana Republic 5% 7/3/2035 (i)(k)
|
3,154,780
|
2,681,563
|
|
TOTAL GHANA
|
5,167,044
|
||
GUATEMALA - 0.7%
|
|||
Guatemala Government Bond 4.9% 6/1/2030 (i)
|
2,510,000
|
2,471,221
|
|
Guatemala Government Bond 5.375% 4/24/2032 (i)
|
1,340,000
|
1,325,527
|
|
Guatemala Government Bond 6.125% 6/1/2050 (i)
|
3,455,000
|
3,295,652
|
|
Guatemala Government Bond 6.25% 8/15/2036 (i)
|
4,360,000
|
4,433,030
|
|
Guatemala Government Bond 6.6% 6/13/2036 (i)
|
1,465,000
|
1,533,416
|
|
Guatemala Government Bond 6.875% 8/15/2055 (i)
|
2,670,000
|
2,792,820
|
|
TOTAL GUATEMALA
|
15,851,666
|
||
HUNGARY - 1.3%
|
|||
Hungary Government 2.125% 9/22/2031 (i)
|
2,190,000
|
1,854,930
|
|
Hungary Government 3.125% 9/21/2051 (i)
|
3,170,000
|
1,870,300
|
|
Hungary Government 4.25% 5/26/2033 (f)
|
EUR
|
2,005,000
|
2,279,820
|
Hungary Government 5.25% 6/16/2029 (i)
|
2,880,000
|
2,885,688
|
|
Hungary Government 5.5% 6/16/2034 (i)
|
6,825,000
|
6,734,365
|
|
Hungary Government 6.125% 5/22/2028 (i)
|
2,280,000
|
2,332,394
|
|
Hungary Government 6.75% 9/23/2055 (i)
|
4,095,000
|
4,162,895
|
|
Hungary Government 6.75% 9/25/2052 (i)
|
1,450,000
|
1,494,747
|
|
Hungary Government 7% 10/24/2035
|
HUF
|
2,019,060,000
|
5,991,309
|
TOTAL HUNGARY
|
29,606,448
|
||
INDONESIA - 1.5%
|
|||
Indonesia Government 3.2% 9/23/2061
|
3,110,000
|
1,868,550
|
|
Indonesia Government 4.35% 1/11/2048
|
3,895,000
|
3,153,820
|
|
Indonesia Government 5.95% 1/8/2046 (i)
|
4,305,000
|
4,352,355
|
|
Indonesia Government 6.625% 2/17/2037 (i)
|
821,000
|
892,037
|
|
Indonesia Government 6.75% 1/15/2044 (i)
|
3,510,000
|
3,868,020
|
|
Indonesia Government 7.75% 1/17/2038 (i)
|
8,515,000
|
10,113,691
|
|
Indonesia Government 8.5% 10/12/2035 (i)
|
8,850,000
|
10,832,401
|
|
TOTAL INDONESIA
|
35,080,874
|
||
ISRAEL - 0.6%
|
|||
Israel Government 3.375% 1/15/2050
|
6,505,000
|
4,196,064
|
|
Israel Government 5% 1/13/2036
|
4,205,000
|
4,052,855
|
|
Israel Government 5.75% 3/12/2054
|
2,975,000
|
2,766,407
|
|
Israel Government 5.875% 1/13/2056
|
4,275,000
|
4,037,834
|
|
TOTAL ISRAEL
|
15,053,160
|
||
JAMAICA - 0.1%
|
|||
Jamaican Government 7.875% 7/28/2045
|
1,995,000
|
2,284,274
|
|
JORDAN - 0.2%
|
|||
Jordan Government 7.375% 10/10/2047 (i)
|
1,240,000
|
1,167,150
|
|
Jordan Government 7.5% 1/13/2029 (i)
|
1,385,000
|
1,424,036
|
|
Jordan Government 7.75% 1/15/2028 (i)
|
2,225,000
|
2,274,751
|
|
TOTAL JORDAN
|
4,865,937
|
||
KENYA - 0.4%
|
|||
Republic of Kenya 7.875% 2/26/2034 (i)
|
1,380,000
|
1,253,868
|
|
Republic of Kenya 8.7% 2/26/2039 (i)
|
1,605,000
|
1,449,716
|
|
Republic of Kenya 8.8% 10/9/2038 (i)
|
1,580,000
|
1,447,280
|
|
Republic of Kenya 9.5% 3/5/2036 (i)
|
780,000
|
759,174
|
|
Republic of Kenya 9.75% 2/16/2031 (i)
|
3,880,000
|
3,980,686
|
|
TOTAL KENYA
|
8,890,724
|
||
LEBANON - 0.1%
|
|||
Lebanon Republic 5.8% (f)(g)
|
7,047,000
|
1,659,569
|
|
Lebanon Republic 6.375% (f)(g)
|
4,308,000
|
1,014,533
|
|
TOTAL LEBANON
|
2,674,102
|
||
MEXICO - 2.6%
|
|||
United Mexican States 3.5% 2/12/2034
|
6,340,000
|
5,397,686
|
|
United Mexican States 3.75% 4/19/2071
|
8,735,000
|
5,005,155
|
|
United Mexican States 4.875% 5/19/2033
|
3,425,000
|
3,245,188
|
|
United Mexican States 5.375% 3/22/2033
|
3,130,000
|
3,058,010
|
|
United Mexican States 5.625% 2/9/2034
|
3,495,000
|
3,432,090
|
|
United Mexican States 5.75% 10/12/2110
|
6,650,000
|
5,389,825
|
|
United Mexican States 6% 5/7/2036
|
5,760,000
|
5,722,560
|
|
United Mexican States 6.05% 1/11/2040
|
7,390,000
|
7,168,300
|
|
United Mexican States 6.125% 2/9/2038
|
2,495,000
|
2,437,614
|
|
United Mexican States 6.338% 5/4/2053
|
2,810,000
|
2,617,150
|
|
United Mexican States 6.35% 2/9/2035
|
4,445,000
|
4,545,013
|
|
United Mexican States 6.4% 5/7/2054
|
1,930,000
|
1,804,549
|
|
United Mexican States 6.75% 2/9/2056
|
2,905,000
|
2,820,755
|
|
United Mexican States 6.875% 5/13/2037
|
2,345,000
|
2,454,043
|
|
United Mexican States 7.375% 5/13/2055
|
4,995,000
|
5,244,750
|
|
TOTAL MEXICO
|
60,342,688
|
||
MONGOLIA - 0.2%
|
|||
Mongolia Government 6.625% 2/25/2030 (i)
|
3,355,000
|
3,398,615
|
|
Mongolia Government 7.875% 6/5/2029 (i)
|
840,000
|
877,800
|
|
TOTAL MONGOLIA
|
4,276,415
|
||
MONTENEGRO - 0.4%
|
|||
Republic of Montenegro 4.875% 4/1/2032 (i)
|
EUR
|
1,855,000
|
2,117,118
|
Republic of Montenegro 7.25% 3/12/2031 (i)
|
7,095,000
|
7,351,343
|
|
TOTAL MONTENEGRO
|
9,468,461
|
||
MOROCCO - 0.2%
|
|||
Moroccan Kingdom 6.5% 9/8/2033 (i)
|
4,725,000
|
4,969,519
|
|
NIGERIA - 1.2%
|
|||
Republic of Nigeria 0% 7/28/2026 (j)
|
NGN
|
5,648,000,000
|
3,837,899
|
Republic of Nigeria 6.125% 9/28/2028 (i)
|
9,790,000
|
9,711,680
|
|
Republic of Nigeria 6.5% 11/28/2027 (i)
|
2,250,000
|
2,261,250
|
|
Republic of Nigeria 7.143% 2/23/2030 (i)
|
3,580,000
|
3,597,757
|
|
Republic of Nigeria 7.696% 2/23/2038 (i)
|
2,730,000
|
2,625,059
|
|
Republic of Nigeria 7.875% 2/16/2032 (i)
|
1,590,000
|
1,606,297
|
|
Republic of Nigeria 9.1297% 1/13/2046 (i)
|
2,165,000
|
2,258,095
|
|
Republic of Nigeria Treasury Bills 0% 7/14/2026 (j)
|
NGN
|
3,400,000,000
|
2,322,350
|
TOTAL NIGERIA
|
28,220,387
|
||
OMAN - 1.0%
|
|||
Oman Sultanate 5.625% 1/17/2028 (i)
|
3,925,000
|
3,958,954
|
|
Oman Sultanate 6% 8/1/2029 (i)
|
5,535,000
|
5,675,811
|
|
Oman Sultanate 6.25% 1/25/2031 (i)
|
3,525,000
|
3,675,694
|
|
Oman Sultanate 6.5% 3/8/2047 (i)
|
3,085,000
|
3,151,452
|
|
Oman Sultanate 6.75% 1/17/2048 (i)
|
5,010,000
|
5,224,267
|
|
Oman Sultanate 7% 1/25/2051 (i)
|
1,060,000
|
1,144,891
|
|
TOTAL OMAN
|
22,831,069
|
||
PAKISTAN - 0.5%
|
|||
Islamic Republic of Pakistan 6% 4/8/2026 (i)
|
7,395,000
|
7,381,689
|
|
Islamic Republic of Pakistan 6.875% 12/5/2027 (i)
|
3,400,000
|
3,350,700
|
|
Islamic Republic of Pakistan 7.375% 4/8/2031 (i)
|
2,410,000
|
2,234,070
|
|
TOTAL PAKISTAN
|
12,966,459
|
||
PANAMA - 0.8%
|
|||
Panamanian Republic 3.298% 1/19/2033
|
1,710,000
|
1,485,701
|
|
Panamanian Republic 5.227% 2/23/2034
|
4,610,000
|
4,460,140
|
|
Panamanian Republic 5.662% 2/23/2038
|
7,475,000
|
7,171,241
|
|
Panamanian Republic 7.875% 3/1/2057
|
2,695,000
|
3,123,217
|
|
Panamanian Republic 8% 3/1/2038
|
2,860,000
|
3,278,418
|
|
TOTAL PANAMA
|
19,518,717
|
||
PARAGUAY - 0.4%
|
|||
Republic of Paraguay 2.739% 1/29/2033 (i)
|
2,485,000
|
2,184,315
|
|
Republic of Paraguay 4.95% 4/28/2031 (i)
|
2,749,000
|
2,743,502
|
|
Republic of Paraguay 5.4% 3/30/2050 (i)
|
2,220,000
|
1,975,800
|
|
Republic of Paraguay 6% 2/9/2036 (i)
|
1,860,000
|
1,932,540
|
|
Republic of Paraguay 6.65% 3/4/2055 (i)
|
1,675,000
|
1,740,325
|
|
TOTAL PARAGUAY
|
10,576,482
|
||
PERU - 0.5%
|
|||
Peruvian Republic 2.783% 1/23/2031
|
6,570,000
|
5,998,246
|
|
Peruvian Republic 3% 1/15/2034
|
4,535,000
|
3,877,312
|
|
Peruvian Republic 3.3% 3/11/2041
|
4,050,000
|
3,056,737
|
|
TOTAL PERU
|
12,932,295
|
||
PHILIPPINES - 0.7%
|
|||
Philippine Republic 2.65% 12/10/2045
|
3,325,000
|
2,091,425
|
|
Philippine Republic 2.95% 5/5/2045
|
1,655,000
|
1,110,505
|
|
Philippine Republic 5.5% 1/17/2048
|
1,885,000
|
1,811,485
|
|
Philippine Republic 5.6% 5/14/2049
|
2,820,000
|
2,723,591
|
|
Philippine Republic 5.609% 4/13/2033
|
3,005,000
|
3,095,150
|
|
Philippine Republic 5.95% 10/13/2047
|
4,915,000
|
4,969,987
|
|
TOTAL PHILIPPINES
|
15,802,143
|
||
POLAND - 0.5%
|
|||
Bank Gospodarstwa Krajowego 5.375% 5/22/2033 (i)
|
1,780,000
|
1,797,800
|
|
Bank Gospodarstwa Krajowego 6.25% 7/9/2054 (i)
|
2,350,000
|
2,312,400
|
|
Republic of Poland 5.5% 3/18/2054
|
2,745,000
|
2,528,941
|
|
Republic of Poland 5.5% 4/4/2053
|
2,005,000
|
1,843,517
|
|
Republic of Poland 5.75% 11/16/2032
|
4,200,000
|
4,415,628
|
|
TOTAL POLAND
|
12,898,286
|
||
QATAR - 1.4%
|
|||
State of Qatar 4.4% 4/16/2050 (i)
|
9,040,000
|
7,458,000
|
|
State of Qatar 4.625% 6/2/2046 (i)
|
5,790,000
|
4,995,033
|
|
State of Qatar 4.817% 3/14/2049 (i)
|
8,905,000
|
7,847,531
|
|
State of Qatar 5.103% 4/23/2048 (i)
|
9,945,000
|
9,156,958
|
|
State of Qatar 9.75% 6/15/2030 (i)
|
3,280,000
|
3,930,096
|
|
TOTAL QATAR
|
33,387,618
|
||
ROMANIA - 1.6%
|
|||
Romanian Republic 3% 2/27/2027 (i)
|
2,536,000
|
2,483,378
|
|
Romanian Republic 3.625% 3/27/2032 (i)
|
4,866,000
|
4,264,781
|
|
Romanian Republic 4% 2/14/2051 (i)
|
3,005,000
|
1,933,416
|
|
Romanian Republic 5% 7/4/2036 (i)
|
4,985,000
|
4,616,702
|
|
Romanian Republic 5.75% 9/16/2030 (i)
|
3,532,000
|
3,516,989
|
|
Romanian Republic 6.125% 10/7/2037 (i)
|
EUR
|
4,115,000
|
4,603,550
|
Romanian Republic 6.625% 2/17/2028 (i)
|
2,190,000
|
2,235,114
|
|
Romanian Republic 6.85% 7/29/2030
|
RON
|
10,150,000
|
2,284,645
|
Romanian Republic 7.125% 1/17/2033 (i)
|
2,770,000
|
2,899,858
|
|
Romanian Republic 7.5% 2/10/2037 (i)
|
5,424,000
|
5,697,261
|
|
Romanian Republic 8% 4/29/2030
|
RON
|
9,700,000
|
2,274,117
|
TOTAL ROMANIA
|
36,809,811
|
||
RWANDA - 0.2%
|
|||
Rwanda Republic 5.5% 8/9/2031 (i)
|
5,740,000
|
5,125,978
|
|
SAUDI ARABIA - 1.3%
|
|||
Kingdom of Saudi Arabia 2.25% 2/2/2033 (i)
|
7,350,000
|
6,173,045
|
|
Kingdom of Saudi Arabia 3.45% 2/2/2061 (i)
|
10,930,000
|
6,754,740
|
|
Kingdom of Saudi Arabia 3.75% 1/21/2055 (i)
|
5,025,000
|
3,385,594
|
|
Kingdom of Saudi Arabia 4.375% 1/12/2031 (i)
|
2,460,000
|
2,401,895
|
|
Kingdom of Saudi Arabia 4.5% 10/26/2046 (i)
|
6,645,000
|
5,384,111
|
|
Kingdom of Saudi Arabia 4.5% 4/22/2060 (i)
|
2,345,000
|
1,790,407
|
|
Kingdom of Saudi Arabia 4.625% 10/4/2047 (i)
|
3,095,000
|
2,537,900
|
|
Kingdom of Saudi Arabia 4.875% 1/12/2036 (i)
|
2,565,000
|
2,486,126
|
|
TOTAL SAUDI ARABIA
|
30,913,818
|
||
SENEGAL - 0.1%
|
|||
Republic of Senegal 4.75% 3/13/2028 (f)
|
EUR
|
1,573,333
|
1,132,040
|
Republic of Senegal 6.25% 5/23/2033 (i)
|
2,790,000
|
1,473,818
|
|
Republic of Senegal 6.75% 3/13/2048 (i)
|
1,125,000
|
566,718
|
|
TOTAL SENEGAL
|
3,172,576
|
||
SERBIA - 0.5%
|
|||
Republic of Serbia 2.125% 12/1/2030 (i)
|
5,465,000
|
4,709,081
|
|
Republic of Serbia 6% 6/12/2034 (i)
|
2,000,000
|
2,000,000
|
|
Republic of Serbia 6.5% 9/26/2033 (i)
|
4,090,000
|
4,262,639
|
|
TOTAL SERBIA
|
10,971,720
|
||
SOUTH AFRICA - 1.0%
|
|||
South African Republic 4.85% 9/27/2027
|
2,690,000
|
2,682,603
|
|
South African Republic 4.85% 9/30/2029
|
2,510,000
|
2,458,545
|
|
South African Republic 5% 10/12/2046
|
3,845,000
|
2,758,788
|
|
South African Republic 5.65% 9/27/2047
|
1,905,000
|
1,481,137
|
|
South African Republic 5.75% 9/30/2049
|
5,505,000
|
4,266,375
|
|
South African Republic 5.875% 4/20/2032
|
2,695,000
|
2,693,316
|
|
South African Republic 6.125% 12/11/2037 (i)
|
1,260,000
|
1,169,758
|
|
South African Republic 7.1% 11/19/2036 (i)
|
4,515,000
|
4,626,204
|
|
South African Republic 7.25% 12/11/2055 (i)
|
1,685,000
|
1,540,933
|
|
TOTAL SOUTH AFRICA
|
23,677,659
|
||
SRI LANKA - 0.6%
|
|||
Democratic Socialist Republic of Sri Lanka 3.1% 1/15/2030 (i)(k)
|
2,146,499
|
1,980,145
|
|
Democratic Socialist Republic of Sri Lanka 3.35% 3/15/2033 (i)(k)
|
6,821,315
|
5,673,629
|
|
Democratic Socialist Republic of Sri Lanka 3.6% 2/15/2038 (i)(k)
|
2,945,437
|
2,632,484
|
|
Democratic Socialist Republic of Sri Lanka 3.6% 5/15/2036 (i)(k)
|
1,472,098
|
1,300,967
|
|
Democratic Socialist Republic of Sri Lanka 3.6% 6/15/2035 (i)(k)
|
831,112
|
629,567
|
|
Democratic Socialist Republic of Sri Lanka 4% 4/15/2028 (i)
|
1,557,986
|
1,489,046
|
|
TOTAL SRI LANKA
|
13,705,838
|
||
TRINIDAD & TOBAGO - 0.1%
|
|||
Republic of Trinidad & Tobago 6.5% 1/28/2036 (i)
|
3,230,000
|
3,197,700
|
|
TURKEY - 3.1%
|
|||
Turkish Republic 4.875% 4/16/2043
|
8,580,000
|
6,017,454
|
|
Turkish Republic 5.125% 2/17/2028
|
2,805,000
|
2,768,535
|
|
Turkish Republic 5.25% 3/13/2030
|
2,085,000
|
1,989,611
|
|
Turkish Republic 5.75% 5/11/2047
|
2,745,000
|
2,058,064
|
|
Turkish Republic 6% 1/14/2041
|
8,310,000
|
6,888,990
|
|
Turkish Republic 6% 3/25/2027
|
1,900,000
|
1,910,008
|
|
Turkish Republic 6.3% 3/14/2033
|
2,045,000
|
1,933,036
|
|
Turkish Republic 6.625% 2/17/2045
|
3,000,000
|
2,542,500
|
|
Turkish Republic 6.8% 11/4/2036
|
4,755,000
|
4,487,531
|
|
Turkish Republic 6.875% 1/14/2038
|
4,270,000
|
3,993,048
|
|
Turkish Republic 6.95% 9/16/2035
|
2,415,000
|
2,315,381
|
|
Turkish Republic 7.125% 2/12/2032
|
3,615,000
|
3,620,423
|
|
Turkish Republic 7.25% 5/29/2032
|
1,115,000
|
1,117,196
|
|
Turkish Republic 7.625% 5/15/2034
|
4,200,000
|
4,258,800
|
|
Turkish Republic 9.125% 7/13/2030
|
2,030,000
|
2,216,253
|
|
Turkish Republic 9.375% 1/19/2033
|
8,105,000
|
8,998,171
|
|
Turkish Republic 9.375% 3/14/2029
|
4,750,000
|
5,119,360
|
|
Turkish Republic 9.875% 1/15/2028
|
9,925,000
|
10,584,318
|
|
TOTAL TURKEY
|
72,818,679
|
||
UKRAINE - 0.8%
|
|||
Ukraine Government 0% 2/1/2030 (i)(k)
|
1,084,343
|
633,255
|
|
Ukraine Government 0% 2/1/2034 (i)(k)
|
4,052,025
|
1,726,163
|
|
Ukraine Government 0% 2/1/2035 (i)(k)
|
4,669,246
|
2,138,515
|
|
Ukraine Government 0% 2/1/2036 (i)(k)
|
2,853,538
|
1,304,067
|
|
Ukraine Government 4% 2/1/2032 (i)(k)
|
5,252,800
|
3,782,016
|
|
Ukraine Government 4.5% 2/1/2029 (i)(k)
|
4,348,798
|
3,044,159
|
|
Ukraine Government 4.5% 2/1/2034 (i)(k)
|
6,075,034
|
3,225,843
|
|
Ukraine Government 4.5% 2/1/2035 (i)(k)
|
4,463,092
|
2,325,271
|
|
Ukraine Government 4.5% 2/1/2036 (i)(k)
|
3,088,793
|
1,578,373
|
|
TOTAL UKRAINE
|
19,757,662
|
||
UNITED ARAB EMIRATES - 1.4%
|
|||
Emirate of Abu Dhabi 3% 9/15/2051 (i)
|
4,675,000
|
2,920,636
|
|
Emirate of Abu Dhabi 3.125% 9/30/2049 (i)
|
21,570,000
|
14,160,705
|
|
Emirate of Abu Dhabi 3.875% 4/16/2050 (i)
|
6,905,000
|
5,171,845
|
|
Emirate of Abu Dhabi 5.5% 4/30/2054 (i)
|
3,745,000
|
3,586,774
|
|
Emirate of Dubai 3.9% 9/9/2050 (f)
|
7,735,000
|
5,311,625
|
|
Emirate of Dubai 5.25% 1/30/2043 (f)
|
3,180,000
|
2,965,795
|
|
TOTAL UNITED ARAB EMIRATES
|
34,117,380
|
||
URUGUAY - 0.4%
|
|||
Uruguay Republic 5.1% 6/18/2050
|
7,425,000
|
6,813,626
|
|
Uruguay Republic 5.75% 10/28/2034
|
2,875,000
|
3,003,656
|
|
TOTAL URUGUAY
|
9,817,282
|
||
UZBEKISTAN - 0.1%
|
|||
Republic of Uzbekistan 3.7% 11/25/2030 (i)
|
1,300,000
|
1,179,633
|
|
Republic of Uzbekistan 3.9% 10/19/2031 (i)
|
1,855,000
|
1,669,741
|
|
TOTAL UZBEKISTAN
|
2,849,374
|
||
VENEZUELA - 1.0%
|
|||
Venezuela Republic 11.95% (f)(g)
|
13,520,000
|
6,881,680
|
|
Venezuela Republic 12.75% (f)(g)
|
2,600,000
|
1,307,969
|
|
Venezuela Republic 9.25% (g)
|
31,105,000
|
14,774,875
|
|
TOTAL VENEZUELA
|
22,964,524
|
||
ZAMBIA - 0.2%
|
|||
Republic of Zambia 0.5% 12/31/2053 (i)
|
5,459,768
|
3,550,501
|
|
Republic of Zambia 5.75% 6/30/2033 (i)(k)
|
636,410
|
596,435
|
|
TOTAL ZAMBIA
|
4,146,936
|
||
|
TOTAL FOREIGN GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS
(Cost $1,095,832,484)
|
1,069,996,704
|
||
Non-Convertible Corporate Bonds - 39.8%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
ANGOLA - 0.1%
|
|||
Energy - 0.1%
|
|||
Oil, Gas & Consumable Fuels - 0.1%
|
|||
Azule Energy Finance Plc 8.25% 1/22/2031 (i)
|
2,625,000
|
2,650,043
|
|
ARGENTINA - 0.4%
|
|||
Communication Services - 0.0%
|
|||
Diversified Telecommunication Services - 0.0%
|
|||
Telecom Argentina SA 9.5% 7/18/2031 (i)
|
1,005,000
|
1,059,509
|
|
Energy - 0.4%
|
|||
Oil, Gas & Consumable Fuels - 0.4%
|
|||
Tecpetrol SA 7.625% 1/22/2033 (i)
|
2,440,000
|
2,491,118
|
|
Tecpetrol SA 7.625% 11/3/2030 (i)
|
2,555,000
|
2,580,576
|
|
YPF SA 8.25% 1/17/2034 (i)
|
2,445,000
|
2,491,579
|
|
TOTAL ENERGY
|
7,563,273
|
||
TOTAL ARGENTINA
|
8,622,782
|
||
AZERBAIJAN - 0.1%
|
|||
Energy - 0.1%
|
|||
Energy Equipment & Services - 0.1%
|
|||
State Oil Co of the Azerbaijan Republic 6.95% 3/18/2030 (f)
|
2,515,000
|
2,691,836
|
|
BAHRAIN - 0.3%
|
|||
Energy - 0.3%
|
|||
Energy Equipment & Services - 0.3%
|
|||
Bapco Energies BSC Closed 7.5% 10/25/2027 (i)
|
5,740,000
|
5,668,250
|
|
Bapco Energies BSC Closed 8.375% 11/7/2028 (i)
|
1,985,000
|
1,966,143
|
|
TOTAL BAHRAIN
|
7,634,393
|
||
BRAZIL - 4.5%
|
|||
Consumer Discretionary - 0.0%
|
|||
Broadline Retail - 0.0%
|
|||
MercadoLibre Inc 4.9% 1/15/2033
|
3,455,000
|
3,343,922
|
|
Consumer Staples - 0.8%
|
|||
Consumer Staples Distribution & Retail - 0.6%
|
|||
Minerva Luxembourg SA 4.375% 3/18/2031 (i)
|
1,735,000
|
1,572,864
|
|
Minerva Luxembourg SA 8.875% 9/13/2033 (i)
|
4,795,000
|
5,104,326
|
|
NBM US Holdings Inc 6.625% 8/6/2029 (i)
|
6,505,000
|
6,532,321
|
|
13,209,511
|
|||
Food Products - 0.2%
|
|||
Marb Bondco PLC 3.95% 1/29/2031 (i)
|
5,650,000
|
4,970,587
|
|
TOTAL CONSUMER STAPLES
|
18,180,098
|
||
Energy - 0.9%
|
|||
Energy Equipment & Services - 0.5%
|
|||
Guara Norte Sarl 5.198% 6/15/2034 (i)
|
3,981,593
|
3,851,196
|
|
Yinson Boronia Production BV 8.947% 7/31/2042 (i)
|
6,299,918
|
6,811,787
|
|
10,662,983
|
|||
Oil, Gas & Consumable Fuels - 0.4%
|
|||
MC Brazil Downstream Trading SARL 7.25% 6/30/2031 (i)
|
6,868,758
|
6,139,296
|
|
PRIO Luxembourg Holding Sarl 6.75% 10/15/2030 (i)
|
4,240,000
|
4,124,459
|
|
10,263,755
|
|||
TOTAL ENERGY
|
20,926,738
|
||
Industrials - 0.2%
|
|||
Aerospace & Defense - 0.1%
|
|||
Embraer Netherlands Finance BV 5.4% 1/9/2038
|
2,500,000
|
2,389,700
|
|
Marine Transportation - 0.1%
|
|||
Yinson Bergenia Production BV 8.498% 1/31/2045 (i)
|
1,598,454
|
1,685,170
|
|
TOTAL INDUSTRIALS
|
4,074,870
|
||
Materials - 2.6%
|
|||
Chemicals - 0.3%
|
|||
Braskem Netherlands Finance BV 5.875% 1/31/2050 (i)
|
2,860,000
|
1,186,900
|
|
Braskem Netherlands Finance BV 7.25% 2/13/2033 (i)
|
3,610,000
|
1,660,059
|
|
Braskem Netherlands Finance BV 8% 10/15/2034 (i)
|
2,095,000
|
974,174
|
|
Braskem Netherlands Finance BV 8.5% 1/12/2031 (i)
|
5,705,000
|
2,738,400
|
|
6,559,533
|
|||
Metals & Mining - 1.6%
|
|||
CSN Inova Ventures 6.75% 1/28/2028 (i)
|
5,315,000
|
3,886,594
|
|
CSN Resources SA 5.875% 4/8/2032 (i)
|
3,200,000
|
1,956,000
|
|
CSN Resources SA 8.875% 12/5/2030 (i)
|
1,575,000
|
1,107,382
|
|
Nexa Resources SA 6.6% 4/8/2037 (i)
|
2,235,000
|
2,307,638
|
|
Nexa Resources SA 6.75% 4/9/2034 (i)
|
1,420,000
|
1,478,575
|
|
Samarco Mineracao SA 9% 6/30/2031 pay-in-kind (c)(i)
|
13,139,676
|
12,942,581
|
|
Usiminas International Sarl 7.5% 1/27/2032 (i)
|
5,445,000
|
5,540,342
|
|
Vale Overseas Ltd 6% 2/25/2056 (c)(i)
|
2,880,000
|
2,842,272
|
|
Vale Overseas Ltd 6.4% 6/28/2054
|
4,850,000
|
4,879,973
|
|
36,941,357
|
|||
Paper & Forest Products - 0.7%
|
|||
LD Celulose International GmbH 7.95% 1/26/2032 (i)
|
4,140,000
|
4,255,817
|
|
Suzano Austria GmbH 3.75% 1/15/2031
|
2,340,000
|
2,172,690
|
|
Suzano Austria GmbH 5% 1/15/2030
|
6,900,000
|
6,808,872
|
|
Suzano Netherlands BV 5.5% 1/15/2036
|
4,355,000
|
4,213,462
|
|
17,450,841
|
|||
TOTAL MATERIALS
|
60,951,731
|
||
TOTAL BRAZIL
|
107,477,359
|
||
CANADA - 0.2%
|
|||
Financials - 0.2%
|
|||
Insurance - 0.2%
|
|||
Sagicor Financial Co Ltd 5.3% 5/13/2028 (i)
|
3,595,000
|
3,577,744
|
|
CHILE - 2.2%
|
|||
Energy - 0.1%
|
|||
Oil, Gas & Consumable Fuels - 0.1%
|
|||
Empresa Nacional del Petroleo 5.95% 7/30/2034 (i)
|
1,885,000
|
1,901,305
|
|
Empresa Nacional del Petroleo 6.15% 5/10/2033 (i)
|
1,195,000
|
1,224,994
|
|
TOTAL ENERGY
|
3,126,299
|
||
Materials - 2.0%
|
|||
Chemicals - 0.2%
|
|||
Sociedad Quimica y Minera de Chile SA 5.625% 4/22/2056 (c)(i)
|
3,970,000
|
3,869,261
|
|
Metals & Mining - 1.6%
|
|||
Antofagasta PLC 2.375% 10/14/2030 (i)
|
7,745,000
|
6,912,025
|
|
Antofagasta PLC 5.625% 9/9/2035 (i)
|
1,500,000
|
1,488,000
|
|
Antofagasta PLC 5.625% 5/13/2032 (i)
|
2,640,000
|
2,670,492
|
|
Corp Nacional del Cobre de Chile 3% 9/30/2029 (i)
|
1,175,000
|
1,098,918
|
|
Corp Nacional del Cobre de Chile 3.15% 1/14/2030 (i)
|
3,075,000
|
2,883,182
|
|
Corp Nacional del Cobre de Chile 3.7% 1/30/2050 (i)
|
7,190,000
|
4,880,213
|
|
Corp Nacional del Cobre de Chile 5.125% 2/2/2033 (i)
|
2,775,000
|
2,739,480
|
|
Corp Nacional del Cobre de Chile 5.529% 1/30/2037 (i)
|
2,425,000
|
2,375,773
|
|
Corp Nacional del Cobre de Chile 5.95% 1/8/2034 (i)
|
2,985,000
|
3,054,759
|
|
Corp Nacional del Cobre de Chile 6.3% 9/8/2053 (i)
|
2,750,000
|
2,749,313
|
|
Corp Nacional del Cobre de Chile 6.33% 1/13/2035 (i)
|
1,755,000
|
1,824,551
|
|
Corp Nacional del Cobre de Chile 6.44% 1/26/2036 (i)
|
1,925,000
|
2,025,918
|
|
Corp Nacional del Cobre de Chile 6.78% 1/13/2055 (i)
|
2,230,000
|
2,329,168
|
|
37,031,792
|
|||
Paper & Forest Products - 0.2%
|
|||
Celulosa Arauco y Constitucion SA 6.18% 5/5/2032 (i)
|
2,130,000
|
2,118,029
|
|
Inversiones CMPC SA 3% 4/6/2031 (i)
|
2,340,000
|
2,032,875
|
|
4,150,904
|
|||
TOTAL MATERIALS
|
45,051,957
|
||
Utilities - 0.1%
|
|||
Electric Utilities - 0.1%
|
|||
Chile Electricity Lux Mpc II Sarl 5.58% 10/20/2035 (i)
|
1,715,521
|
1,724,974
|
|
Chile Electricity Lux MPC Sarl 6.01% 1/20/2033 (i)
|
1,505,000
|
1,551,339
|
|
TOTAL UTILITIES
|
3,276,313
|
||
TOTAL CHILE
|
51,454,569
|
||
CHINA - 0.8%
|
|||
Consumer Discretionary - 0.6%
|
|||
Broadline Retail - 0.6%
|
|||
Prosus NV 3.061% 7/13/2031 (i)
|
1,850,000
|
1,653,104
|
|
Prosus NV 3.68% 1/21/2030 (i)
|
4,055,000
|
3,822,446
|
|
Prosus NV 4.027% 8/3/2050 (i)
|
6,570,000
|
4,383,833
|
|
Prosus NV 4.193% 1/19/2032 (i)
|
2,955,000
|
2,771,435
|
|
TOTAL CONSUMER DISCRETIONARY
|
12,630,818
|
||
Utilities - 0.2%
|
|||
Gas Utilities - 0.2%
|
|||
ENN Energy Holdings Ltd 4.625% 5/17/2027 (i)
|
5,425,000
|
5,426,736
|
|
TOTAL CHINA
|
18,057,554
|
||
COLOMBIA - 2.6%
|
|||
Communication Services - 0.3%
|
|||
Diversified Telecommunication Services - 0.3%
|
|||
Colombia Telecomunicaciones SA ESP 4.95% 7/17/2030 (i)
|
8,020,000
|
7,188,126
|
|
Energy - 1.4%
|
|||
Energy Equipment & Services - 0.2%
|
|||
Oleoducto Central SA 4% 7/14/2027 (i)
|
4,675,000
|
4,604,173
|
|
Oil, Gas & Consumable Fuels - 1.2%
|
|||
Canacol Energy Ltd 5.75% (g)(i)
|
2,525,000
|
877,438
|
|
Ecopetrol SA 4.625% 11/2/2031
|
3,870,000
|
3,432,342
|
|
Ecopetrol SA 8.375% 1/19/2036
|
2,790,000
|
2,824,456
|
|
Ecopetrol SA 8.875% 1/13/2033
|
11,470,000
|
12,106,585
|
|
Geopark Ltd 5.5% 1/17/2027 (i)
|
4,900,000
|
4,740,750
|
|
Geopark Ltd 8.75% 1/31/2030 (i)
|
4,080,000
|
4,018,800
|
|
28,000,371
|
|||
TOTAL ENERGY
|
32,604,544
|
||
Financials - 0.1%
|
|||
Banks - 0.1%
|
|||
Bancolombia SA 8.625% 12/24/2034 (c)
|
2,800,000
|
2,931,599
|
|
Materials - 0.2%
|
|||
Metals & Mining - 0.2%
|
|||
Aris Mining Corp 8% 10/31/2029 (i)
|
5,490,000
|
5,658,818
|
|
Utilities - 0.6%
|
|||
Independent Power and Renewable Electricity Producers - 0.6%
|
|||
EnfraGen Energia Sur SA / EnfraGen Spain SA / Prime Energia SpA 5.375% 12/30/2030 (i)
|
10,370,000
|
9,453,051
|
|
Termocandelaria Power SA 7.75% 9/17/2031 (i)
|
3,845,000
|
3,904,251
|
|
TOTAL UTILITIES
|
13,357,302
|
||
TOTAL COLOMBIA
|
61,740,389
|
||
CONGO DEMOCRATIC REPUBLIC OF - 0.2%
|
|||
Materials - 0.2%
|
|||
Metals & Mining - 0.2%
|
|||
Ivanhoe Mines Ltd 7.875% 1/23/2030 (i)
|
3,700,000
|
3,744,585
|
|
COSTA RICA - 0.2%
|
|||
Financials - 0.2%
|
|||
Financial Services - 0.2%
|
|||
Liberty Costa Rica Senior Secured Finance 10.875% 1/15/2031 (i)
|
3,675,000
|
3,867,938
|
|
COTE D'IVOIRE - 0.3%
|
|||
Materials - 0.3%
|
|||
Metals & Mining - 0.3%
|
|||
Endeavour Mining PLC 7% 5/28/2030 (i)
|
5,920,000
|
6,008,800
|
|
CZECH REPUBLIC - 0.2%
|
|||
Industrials - 0.2%
|
|||
Aerospace & Defense - 0.2%
|
|||
Czechoslovak Group AS 5.25% 1/10/2031 (i)
|
EUR
|
1,050,000
|
1,243,225
|
Czechoslovak Group AS 6.5% 1/10/2031 (i)
|
2,730,000
|
2,796,885
|
|
TOTAL CZECH REPUBLIC
|
4,040,110
|
||
DOMINICAN REPUBLIC - 0.1%
|
|||
Industrials - 0.1%
|
|||
Transportation Infrastructure - 0.1%
|
|||
Aeropuertos Dominicanos Siglo XXI SA 7% 6/30/2034 (i)
|
2,840,000
|
2,888,124
|
|
GEORGIA - 0.2%
|
|||
Communication Services - 0.1%
|
|||
Wireless Telecommunication Services - 0.1%
|
|||
Silk Road Group Holding LLC 7.5% 9/15/2030 (i)
|
2,985,000
|
2,980,493
|
|
Industrials - 0.1%
|
|||
Ground Transportation - 0.1%
|
|||
Georgian Railway JSC 4% 6/17/2028 (i)
|
1,485,000
|
1,410,750
|
|
TOTAL GEORGIA
|
4,391,243
|
||
GHANA - 0.5%
|
|||
Energy - 0.5%
|
|||
Oil, Gas & Consumable Fuels - 0.5%
|
|||
Kosmos Energy Ltd 7.5% 3/1/2028 (i)
|
1,360,000
|
1,307,300
|
|
Kosmos Energy Ltd 8.75% 10/1/2031 (i)
|
10,990,000
|
9,781,100
|
|
TOTAL GHANA
|
11,088,400
|
||
GUATEMALA - 1.1%
|
|||
Communication Services - 0.5%
|
|||
Wireless Telecommunication Services - 0.5%
|
|||
CT Trust 5.125% 2/3/2032 (i)
|
7,360,000
|
6,869,088
|
|
Millicom International Cellular SA 4.5% 4/27/2031 (i)
|
3,345,000
|
3,041,776
|
|
Millicom International Cellular SA 7.375% 4/2/2032 (i)
|
2,545,000
|
2,581,648
|
|
TOTAL COMMUNICATION SERVICES
|
12,492,512
|
||
Consumer Staples - 0.2%
|
|||
Beverages - 0.2%
|
|||
Cntl Amr Bottling Corp 5.25% 4/27/2029 (i)
|
4,770,000
|
4,654,089
|
|
Utilities - 0.4%
|
|||
Electric Utilities - 0.1%
|
|||
Energuate Trust 2 0 6.35% 9/15/2035 (i)
|
3,265,000
|
3,201,659
|
|
Independent Power and Renewable Electricity Producers - 0.3%
|
|||
Investment Energy Resources Ltd 6.25% 4/26/2029 (i)
|
5,870,000
|
5,799,560
|
|
TOTAL UTILITIES
|
9,001,219
|
||
TOTAL GUATEMALA
|
26,147,820
|
||
HUNGARY - 0.2%
|
|||
Financials - 0.2%
|
|||
Banks - 0.2%
|
|||
Magyar Export-Import Bank Zrt 6.125% 12/4/2027 (i)
|
1,825,000
|
1,843,834
|
|
OTP Bank Nyrt 8.75% 5/15/2033 (c)(f)
|
2,150,000
|
2,236,323
|
|
TOTAL FINANCIALS
|
4,080,157
|
||
Utilities - 0.0%
|
|||
Electric Utilities - 0.0%
|
|||
MVM Energetika Zrt 6.5% 3/13/2031 (f)
|
1,345,000
|
1,387,871
|
|
TOTAL HUNGARY
|
5,468,028
|
||
INDIA - 0.2%
|
|||
Financials - 0.1%
|
|||
Consumer Finance - 0.1%
|
|||
Shriram Finance Ltd 6.625% 4/22/2027 (i)
|
2,175,000
|
2,188,703
|
|
Health Care - 0.1%
|
|||
Biotechnology - 0.1%
|
|||
Biocon Biologics Global PLC 6.67% 10/9/2029 (i)
|
2,405,000
|
2,371,330
|
|
TOTAL INDIA
|
4,560,033
|
||
INDONESIA - 1.2%
|
|||
Energy - 0.6%
|
|||
Oil, Gas & Consumable Fuels - 0.6%
|
|||
Medco Laurel Tree Pte Ltd 6.95% 11/12/2028 (i)
|
6,620,000
|
6,588,671
|
|
Medco Maple Tree Pte Ltd 8.96% 4/27/2029 (i)
|
5,210,000
|
5,343,652
|
|
Pertamina Persero PT 4.175% 1/21/2050 (i)
|
3,850,000
|
2,843,301
|
|
TOTAL ENERGY
|
14,775,624
|
||
Materials - 0.5%
|
|||
Metals & Mining - 0.5%
|
|||
Freeport Indonesia PT 4.763% 4/14/2027 (i)
|
2,350,000
|
2,345,018
|
|
Freeport Indonesia PT 5.315% 4/14/2032 (i)
|
3,980,000
|
3,960,617
|
|
Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT 5.45% 5/15/2030 (i)
|
6,445,000
|
6,513,511
|
|
TOTAL MATERIALS
|
12,819,146
|
||
Utilities - 0.1%
|
|||
Independent Power and Renewable Electricity Producers - 0.1%
|
|||
Pertamina Geothermal Energy PT 5.15% 4/27/2028 (i)
|
1,940,000
|
1,951,213
|
|
TOTAL INDONESIA
|
29,545,983
|
||
ISRAEL - 1.1%
|
|||
Energy - 0.5%
|
|||
Oil, Gas & Consumable Fuels - 0.5%
|
|||
Energean Israel Finance Ltd 5.375% 3/30/2028 (f)(i)
|
3,830,000
|
3,677,048
|
|
Energean Israel Finance Ltd 5.875% 3/30/2031 (f)(i)
|
3,770,000
|
3,501,970
|
|
Leviathan Bond Ltd 6.5% 6/30/2027 (f)(i)
|
3,805,000
|
3,797,906
|
|
Leviathan Bond Ltd 6.75% 6/30/2030 (f)(i)
|
1,930,000
|
1,960,919
|
|
TOTAL ENERGY
|
12,937,843
|
||
Financials - 0.1%
|
|||
Banks - 0.1%
|
|||
Bank Hapoalim BM 5.252% 1/14/2033 (f)(i)
|
2,570,000
|
2,538,400
|
|
Health Care - 0.4%
|
|||
Pharmaceuticals - 0.4%
|
|||
Teva Pharmaceutical Finance Netherlands III BV 4.75% 5/9/2027
|
2,895,000
|
2,887,628
|
|
Teva Pharmaceutical Finance Netherlands III BV 7.875% 9/15/2029
|
5,240,000
|
5,610,573
|
|
TOTAL HEALTH CARE
|
8,498,201
|
||
Utilities - 0.1%
|
|||
Electric Utilities - 0.1%
|
|||
Israel Electric Corp Ltd 3.75% 2/22/2032 (f)(i)
|
3,070,000
|
2,827,824
|
|
TOTAL ISRAEL
|
26,802,268
|
||
JAMAICA - 0.2%
|
|||
Industrials - 0.2%
|
|||
Transportation Infrastructure - 0.2%
|
|||
Kingston Airport Revenue Finance Ltd 6.75% 12/15/2036 (i)
|
2,020,000
|
2,006,567
|
|
Montego Bay Airport Revenue Finance Ltd 6.6% 6/15/2035 (i)
|
1,600,000
|
1,554,000
|
|
TOTAL JAMAICA
|
3,560,567
|
||
KAZAKHSTAN - 0.4%
|
|||
Energy - 0.4%
|
|||
Oil, Gas & Consumable Fuels - 0.4%
|
|||
KazMunayGas National Co JSC 3.5% 4/14/2033 (i)
|
3,745,000
|
3,351,101
|
|
KazMunayGas National Co JSC 5.375% 4/24/2030 (i)
|
685,000
|
689,658
|
|
KazMunayGas National Co JSC 5.75% 4/19/2047 (i)
|
1,885,000
|
1,746,528
|
|
Tengizchevroil Finance Co International Ltd 3.25% 8/15/2030 (i)
|
4,695,000
|
4,333,485
|
|
TOTAL KAZAKHSTAN
|
10,120,772
|
||
KOREA (SOUTH) - 0.3%
|
|||
Industrials - 0.1%
|
|||
Electrical Equipment - 0.1%
|
|||
LG Energy Solution Ltd 5.25% 4/2/2031 (i)
|
1,195,000
|
1,191,565
|
|
LG Energy Solution Ltd 5.875% 4/2/2036 (i)
|
1,490,000
|
1,478,681
|
|
TOTAL INDUSTRIALS
|
2,670,246
|
||
Materials - 0.2%
|
|||
Metals & Mining - 0.2%
|
|||
POSCO 5.75% 1/17/2028 (i)
|
2,950,000
|
3,009,407
|
|
POSCO 5.875% 1/17/2033 (i)
|
1,750,000
|
1,835,715
|
|
TOTAL MATERIALS
|
4,845,122
|
||
TOTAL KOREA (SOUTH)
|
7,515,368
|
||
KUWAIT - 0.1%
|
|||
Materials - 0.1%
|
|||
Chemicals - 0.1%
|
|||
MEGlobal BV 2.625% 4/28/2028 (i)
|
2,960,000
|
2,781,475
|
|
MALAYSIA - 0.7%
|
|||
Consumer Discretionary - 0.2%
|
|||
Hotels, Restaurants & Leisure - 0.2%
|
|||
GENM Capital Labuan Ltd 3.882% 4/19/2031 (i)
|
5,185,000
|
4,615,946
|
|
Energy - 0.2%
|
|||
Oil, Gas & Consumable Fuels - 0.2%
|
|||
Petronas Capital Ltd 3.404% 4/28/2061 (i)
|
4,990,000
|
3,299,638
|
|
Petronas Capital Ltd 3.5% 4/21/2030 (i)
|
2,515,000
|
2,427,591
|
|
TOTAL ENERGY
|
5,727,229
|
||
Industrials - 0.3%
|
|||
Marine Transportation - 0.3%
|
|||
MISC Capital Two Labuan Ltd 3.75% 4/6/2027 (i)
|
5,890,000
|
5,833,073
|
|
TOTAL MALAYSIA
|
16,176,248
|
||
MAURITIUS - 0.1%
|
|||
Communication Services - 0.1%
|
|||
Wireless Telecommunication Services - 0.1%
|
|||
Axian Telecom Holding & Management PLC 7.25% 7/11/2030 (i)
|
2,650,000
|
2,627,237
|
|
MEXICO - 5.2%
|
|||
Communication Services - 0.3%
|
|||
Media - 0.3%
|
|||
TV Azteca SAB de CV 8.25% (f)(g)
|
19,500,000
|
6,630,000
|
|
Consumer Discretionary - 0.2%
|
|||
Automobile Components - 0.2%
|
|||
Metalsa Sapi De Cv 3.75% 5/4/2031 (i)
|
4,945,000
|
4,270,626
|
|
Energy - 3.0%
|
|||
Oil, Gas & Consumable Fuels - 3.0%
|
|||
FEL Energy VI SARL 5.75% 12/1/2040 (i)
|
2,665,212
|
2,523,822
|
|
Petroleos Mexicanos 6.5% 6/2/2041
|
2,000,000
|
1,694,000
|
|
Petroleos Mexicanos 6.625% 6/15/2035
|
21,045,000
|
19,626,567
|
|
Petroleos Mexicanos 6.7% 2/16/2032
|
11,627,000
|
11,379,926
|
|
Petroleos Mexicanos 6.75% 9/21/2047
|
4,502,000
|
3,594,622
|
|
Petroleos Mexicanos 6.95% 1/28/2060
|
3,325,000
|
2,613,783
|
|
Petroleos Mexicanos 7.69% 1/23/2050
|
33,739,000
|
29,234,844
|
|
TOTAL ENERGY
|
70,667,564
|
||
Financials - 0.6%
|
|||
Banks - 0.2%
|
|||
BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX 5.25% 9/10/2029 (i)
|
4,125,000
|
4,154,040
|
|
Capital Markets - 0.4%
|
|||
Eagle Funding Luxco Sarl 5.5% 8/17/2030 (i)
|
9,450,000
|
9,473,625
|
|
TOTAL FINANCIALS
|
13,627,665
|
||
Materials - 0.5%
|
|||
Chemicals - 0.4%
|
|||
Orbia Advance Corp SAB de CV 2.875% 5/11/2031 (i)
|
3,435,000
|
2,765,621
|
|
Orbia Advance Corp SAB de CV 6.8% 5/13/2030 (i)
|
6,370,000
|
6,203,584
|
|
8,969,205
|
|||
Metals & Mining - 0.1%
|
|||
Fresnillo PLC 4.25% 10/2/2050 (i)
|
3,785,000
|
2,848,213
|
|
TOTAL MATERIALS
|
11,817,418
|
||
Real Estate - 0.1%
|
|||
Real Estate Management & Development - 0.1%
|
|||
Corp Inmobiliaria Vesta SAB de CV 5.5% 1/30/2033 (i)
|
3,360,000
|
3,246,599
|
|
Utilities - 0.5%
|
|||
Independent Power and Renewable Electricity Producers - 0.5%
|
|||
Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy 7.875% 2/15/2039 (i)
|
4,669,210
|
4,885,674
|
|
Saavi Energia Sarl 8.875% 2/10/2035 (i)
|
7,065,000
|
7,375,860
|
|
TOTAL UTILITIES
|
12,261,534
|
||
TOTAL MEXICO
|
122,521,406
|
||
MOROCCO - 0.7%
|
|||
Materials - 0.7%
|
|||
Chemicals - 0.7%
|
|||
OCP SA 3.75% 6/23/2031 (i)
|
3,820,000
|
3,476,200
|
|
OCP SA 5.125% 6/23/2051 (i)
|
2,190,000
|
1,702,441
|
|
OCP SA 6.1% 4/30/2030 (i)
|
2,660,000
|
2,703,225
|
|
OCP SA 6.75% 5/2/2034 (i)
|
2,485,000
|
2,587,829
|
|
OCP SA 6.875% 4/25/2044 (i)
|
3,920,000
|
3,900,210
|
|
OCP SA 7.5% 5/2/2054 (i)
|
1,890,000
|
1,981,315
|
|
TOTAL MOROCCO
|
16,351,220
|
||
NIGERIA - 0.3%
|
|||
Communication Services - 0.3%
|
|||
Diversified Telecommunication Services - 0.3%
|
|||
IHS Holding Ltd 5.625% 11/29/2026 (i)
|
1,679,000
|
1,666,575
|
|
IHS Holding Ltd 7.875% 5/29/2030 (i)
|
4,425,000
|
4,481,065
|
|
TOTAL COMMUNICATION SERVICES
|
6,147,640
|
||
Information Technology - 0.0%
|
|||
Communications Equipment - 0.0%
|
|||
IHS Netherlands Holdco BV 8% 9/18/2027 (i)
|
1,213,394
|
1,211,119
|
|
TOTAL NIGERIA
|
7,358,759
|
||
PANAMA - 0.8%
|
|||
Communication Services - 0.7%
|
|||
Diversified Telecommunication Services - 0.2%
|
|||
Sable International Finance Ltd 7.125% 10/15/2032 (i)
|
5,075,000
|
4,994,350
|
|
Media - 0.4%
|
|||
Telecomunicaciones Digitales SA 4.5% 1/30/2030 (i)
|
9,720,000
|
9,115,902
|
|
Wireless Telecommunication Services - 0.1%
|
|||
C&W Senior Finance Ltd 9% 1/15/2033 (i)
|
3,025,000
|
3,028,781
|
|
TOTAL COMMUNICATION SERVICES
|
17,139,033
|
||
Financials - 0.0%
|
|||
Financial Services - 0.0%
|
|||
SPARC EM SPC 0% (i)(j)
|
132,705
|
132,532
|
|
Industrials - 0.1%
|
|||
Air Freight & Logistics - 0.1%
|
|||
Aeropuerto Internacional de Tocumen SA 5.125% 8/11/2061 (i)
|
2,115,000
|
1,679,839
|
|
TOTAL PANAMA
|
18,951,404
|
||
PARAGUAY - 0.1%
|
|||
Communication Services - 0.1%
|
|||
Diversified Telecommunication Services - 0.1%
|
|||
Telefonica Celular del Paraguay SA 5.875% 4/15/2027 (i)
|
2,031,000
|
2,019,910
|
|
PERU - 1.1%
|
|||
Consumer Discretionary - 0.1%
|
|||
Broadline Retail - 0.1%
|
|||
InRetail Shopping Malls 5.65% 10/16/2032 (i)
|
3,450,000
|
3,358,575
|
|
Financials - 0.2%
|
|||
Banks - 0.2%
|
|||
Banco de Credito del Peru S.A. 5.8% 3/10/2035 (c)(i)
|
4,525,000
|
4,477,035
|
|
Materials - 0.5%
|
|||
Metals & Mining - 0.5%
|
|||
Cia de Minas Buenaventura SAA 6.8% 2/4/2032 (i)
|
4,855,000
|
4,929,039
|
|
Volcan Cia Minera SAA 8.5% 10/28/2032 (i)
|
6,465,000
|
6,577,491
|
|
TOTAL MATERIALS
|
11,506,530
|
||
Utilities - 0.3%
|
|||
Electric Utilities - 0.1%
|
|||
Kallpa Generacion SA 5.5% 9/11/2035 (i)
|
2,285,000
|
2,233,816
|
|
Independent Power and Renewable Electricity Producers - 0.2%
|
|||
Niagara Energy SAC 5.746% 10/3/2034 (i)
|
4,645,000
|
4,648,019
|
|
TOTAL UTILITIES
|
6,881,835
|
||
TOTAL PERU
|
26,223,975
|
||
POLAND - 0.3%
|
|||
Energy - 0.3%
|
|||
Oil, Gas & Consumable Fuels - 0.3%
|
|||
ORLEN SA 6% 1/30/2035 (i)
|
6,010,000
|
6,122,688
|
|
QATAR - 1.3%
|
|||
Communication Services - 0.2%
|
|||
Diversified Telecommunication Services - 0.2%
|
|||
Ooredoo International Finance Ltd 2.625% 4/8/2031 (i)
|
4,095,000
|
3,701,962
|
|
Energy - 1.1%
|
|||
Oil, Gas & Consumable Fuels - 1.1%
|
|||
QatarEnergy 2.25% 7/12/2031 (i)
|
13,045,000
|
11,446,597
|
|
QatarEnergy 3.125% 7/12/2041 (i)
|
12,920,000
|
9,350,850
|
|
QatarEnergy 3.3% 7/12/2051 (i)
|
9,635,000
|
6,194,052
|
|
TOTAL ENERGY
|
26,991,499
|
||
TOTAL QATAR
|
30,693,461
|
||
RUSSIA - 0.0%
|
|||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
TMK OAO Via TMK Capital SA loan participation 4.3% (b)(f)(g)
|
4,020,000
|
200,999
|
|
SAUDI ARABIA - 4.5%
|
|||
Energy - 2.8%
|
|||
Oil, Gas & Consumable Fuels - 2.8%
|
|||
EIG Pearl Holdings Sarl 3.545% 8/31/2036 (i)
|
13,292,700
|
11,846,321
|
|
Saudi Arabian Oil Co 2.25% 11/24/2030 (i)
|
10,775,000
|
9,506,244
|
|
Saudi Arabian Oil Co 3.25% 11/24/2050 (i)
|
8,390,000
|
5,223,111
|
|
Saudi Arabian Oil Co 3.5% 11/24/2070 (i)
|
3,270,000
|
1,945,748
|
|
Saudi Arabian Oil Co 3.5% 4/16/2029 (i)
|
13,480,000
|
12,913,840
|
|
Saudi Arabian Oil Co 4.25% 4/16/2039 (i)
|
14,945,000
|
12,884,533
|
|
Saudi Arabian Oil Co 4.375% 4/16/2049 (i)
|
2,280,000
|
1,780,042
|
|
Saudi Arabian Oil Co 5.875% 7/17/2064 (i)
|
1,590,000
|
1,444,816
|
|
Saudi Arabian Oil Co 6.375% 6/2/2055 (i)
|
7,375,000
|
7,328,906
|
|
TOTAL ENERGY
|
64,873,561
|
||
Financials - 0.3%
|
|||
Financial Services - 0.3%
|
|||
Gaci First Investment Co 5% 10/13/2027 (f)
|
6,020,000
|
6,035,050
|
|
Gaci First Investment Co 5.25% 10/13/2032 (f)
|
2,155,000
|
2,152,024
|
|
TOTAL FINANCIALS
|
8,187,074
|
||
Industrials - 1.0%
|
|||
Construction & Engineering - 1.0%
|
|||
Greensaif Pipelines Bidco Sarl 5.8528% 2/23/2036 (i)
|
4,800,000
|
4,809,600
|
|
Greensaif Pipelines Bidco Sarl 6.1027% 8/23/2042 (i)
|
3,605,000
|
3,581,351
|
|
Greensaif Pipelines Bidco Sarl 6.129% 2/23/2038 (i)
|
9,650,000
|
9,749,637
|
|
Greensaif Pipelines Bidco Sarl 6.51% 2/23/2042 (i)
|
2,955,000
|
3,057,095
|
|
TOTAL INDUSTRIALS
|
21,197,683
|
||
Materials - 0.3%
|
|||
Chemicals - 0.3%
|
|||
Ma'aden Sukuk Ltd 5.25% 1/29/2036 (i)
|
2,735,000
|
2,660,608
|
|
Ma'aden Sukuk Ltd 5.25% 2/13/2030 (i)
|
5,570,000
|
5,600,670
|
|
TOTAL MATERIALS
|
8,261,278
|
||
Real Estate - 0.1%
|
|||
Real Estate Management & Development - 0.1%
|
|||
Dar Al-Arkan Sukuk Co Ltd 7.25% 7/2/2030 (f)
|
3,530,000
|
3,423,857
|
|
TOTAL SAUDI ARABIA
|
105,943,453
|
||
SERBIA - 0.2%
|
|||
Consumer Discretionary - 0.2%
|
|||
Distributors - 0.2%
|
|||
Telecommunications co Telekom Srbija AD Belgrade 7% 10/28/2029 (i)
|
4,370,000
|
4,300,080
|
|
SOUTH AFRICA - 1.6%
|
|||
Communication Services - 0.3%
|
|||
Diversified Telecommunication Services - 0.2%
|
|||
Liquid Telecommunications Financing Plc 5.5% 9/4/2026 (i)
|
4,045,000
|
4,011,730
|
|
Wireless Telecommunication Services - 0.1%
|
|||
MTN Mauritius Investments Ltd 6.5% 10/13/2026 (i)
|
3,485,000
|
3,500,682
|
|
TOTAL COMMUNICATION SERVICES
|
7,512,412
|
||
Industrials - 0.1%
|
|||
Ground Transportation - 0.1%
|
|||
Transnet/South Africa 8.25% 2/6/2028 (i)
|
1,985,000
|
2,052,490
|
|
Materials - 0.8%
|
|||
Chemicals - 0.7%
|
|||
Sasol Financing USA LLC 4.375% 9/18/2026
|
5,960,000
|
5,925,015
|
|
Sasol Financing USA LLC 5.5% 3/18/2031
|
2,355,000
|
2,134,219
|
|
Sasol Financing USA LLC 6.5% 9/27/2028
|
2,020,000
|
2,038,321
|
|
Sasol Financing USA LLC 8.75% 4/10/2033 (i)
|
1,520,000
|
1,520,000
|
|
Sasol Financing USA LLC 8.75% 5/3/2029 (i)
|
3,820,000
|
3,970,317
|
|
15,587,872
|
|||
Metals & Mining - 0.1%
|
|||
Windfall Mining Group Inc / Groupe Minier Windfall Inc 5.854% 5/13/2032 (i)
|
3,165,000
|
3,201,174
|
|
TOTAL MATERIALS
|
18,789,046
|
||
Utilities - 0.4%
|
|||
Electric Utilities - 0.4%
|
|||
Eskom Holdings 6.35% 8/10/2028 (i)
|
5,840,000
|
5,885,625
|
|
Eskom Holdings 8.45% 8/10/2028 (i)
|
4,430,000
|
4,645,387
|
|
TOTAL UTILITIES
|
10,531,012
|
||
TOTAL SOUTH AFRICA
|
38,884,960
|
||
THAILAND - 0.0%
|
|||
Financials - 0.0%
|
|||
Financial Services - 0.0%
|
|||
PTT Treasury Center Co Ltd 3.7% 7/16/2070 (i)
|
2,530,000
|
1,710,696
|
|
TURKEY - 0.7%
|
|||
Communication Services - 0.1%
|
|||
Diversified Telecommunication Services - 0.1%
|
|||
Turk Telekomunikasyon AS 6.95% 10/7/2032 (i)
|
2,355,000
|
2,292,804
|
|
Financials - 0.5%
|
|||
Banks - 0.5%
|
|||
Turkiye Garanti Bankasi AS 8.125% 1/8/2036 (c)(i)
|
3,575,000
|
3,547,115
|
|
Turkiye Ihracat Kredi Bankasi AS 6.375% 1/15/2031 (i)
|
4,185,000
|
4,025,426
|
|
Turkiye Ihracat Kredi Bankasi AS 6.375% 10/3/2030 (i)
|
4,455,000
|
4,303,252
|
|
TOTAL FINANCIALS
|
11,875,793
|
||
Industrials - 0.1%
|
|||
Transportation Infrastructure - 0.1%
|
|||
TAV Havalimanlari Holding AS 8.5% 12/7/2028 (i)
|
1,790,000
|
1,825,241
|
|
TOTAL TURKEY
|
15,993,838
|
||
UKRAINE - 0.1%
|
|||
Energy - 0.1%
|
|||
Oil, Gas & Consumable Fuels - 0.1%
|
|||
NAK Naftogaz Ukraine via Kondor Finance PLC loan participation 7.625% 11/8/2028 pay-in-kind (i)
|
2,749,604
|
2,144,691
|
|
UNITED ARAB EMIRATES - 3.2%
|
|||
Energy - 0.7%
|
|||
Oil, Gas & Consumable Fuels - 0.7%
|
|||
Adnoc Murban Rsc Ltd 5.125% 9/11/2054 (i)
|
3,530,000
|
3,026,548
|
|
Galaxy Pipeline Assets Bidco Ltd 2.16% 3/31/2034 (i)
|
4,012,131
|
3,539,502
|
|
Galaxy Pipeline Assets Bidco Ltd 2.625% 3/31/2036 (i)
|
10,925,000
|
9,264,551
|
|
TOTAL ENERGY
|
15,830,601
|
||
Financials - 0.9%
|
|||
Financial Services - 0.9%
|
|||
Abu Dhabi Developmental Holding Co PJSC 5.25% 10/2/2054 (i)
|
4,430,000
|
3,910,583
|
|
Abu Dhabi Developmental Holding Co PJSC 5.5% 5/8/2034 (i)
|
2,220,000
|
2,246,395
|
|
MDGH GMTN RSC Ltd 2.875% 11/7/2029 (i)
|
5,770,000
|
5,374,004
|
|
MDGH GMTN RSC Ltd 4.375% 11/22/2033 (i)
|
2,925,000
|
2,765,617
|
|
MDGH GMTN RSC Ltd 5.084% 5/22/2053 (i)
|
3,770,000
|
3,314,282
|
|
MDGH GMTN RSC Ltd Series 1, 5.5% 4/28/2033 (i)
|
2,985,000
|
3,021,477
|
|
TOTAL FINANCIALS
|
20,632,358
|
||
Industrials - 0.3%
|
|||
Transportation Infrastructure - 0.3%
|
|||
DP World Crescent Ltd 3.7495% 1/30/2030 (i)
|
4,165,000
|
3,894,275
|
|
DP World Ltd/United Arab Emirates 5.625% 9/25/2048 (i)
|
4,230,000
|
3,776,332
|
|
TOTAL INDUSTRIALS
|
7,670,607
|
||
Real Estate - 0.8%
|
|||
Real Estate Management & Development - 0.8%
|
|||
Aldar Properties PJSC 5.875% 4/14/2056 (c)(i)
|
2,450,000
|
2,243,245
|
|
Aldar Properties PJSC 6.6227% 4/15/2055 (c)(f)
|
5,965,000
|
5,683,452
|
|
Alpha Star Holding IX Ltd 7% 8/26/2028 (f)
|
3,565,000
|
3,385,324
|
|
Alpha Star Holding VIII Ltd 8.375% 4/12/2027 (f)
|
4,280,000
|
4,238,056
|
|
Sobha Sukuk Ltd 8.75% 7/17/2028 (f)
|
3,395,000
|
3,174,325
|
|
TOTAL REAL ESTATE
|
18,724,402
|
||
Utilities - 0.5%
|
|||
Multi-Utilities - 0.5%
|
|||
Abu Dhabi National Energy Co PJSC 4% 10/3/2049 (i)
|
4,655,000
|
3,518,016
|
|
Abu Dhabi National Energy Co PJSC 4.696% 4/24/2033 (i)
|
3,320,000
|
3,202,572
|
|
Abu Dhabi National Energy Co PJSC 4.75% 3/9/2037 (i)
|
4,420,000
|
4,143,838
|
|
Abu Dhabi National Energy Co PJSC 4.875% 4/23/2030 (i)
|
2,020,000
|
2,016,324
|
|
TOTAL UTILITIES
|
12,880,750
|
||
TOTAL UNITED ARAB EMIRATES
|
75,738,718
|
||
UNITED KINGDOM - 0.0%
|
|||
Materials - 0.0%
|
|||
Metals & Mining - 0.0%
|
|||
Celtic Resources Holdings DAC 4.125% (b)(g)(i)
|
5,060,000
|
725,401
|
|
UZBEKISTAN - 0.5%
|
|||
Materials - 0.5%
|
|||
Metals & Mining - 0.5%
|
|||
Navoi Mining & Metallurgical Combinat 6.7% 10/17/2028 (i)
|
1,335,000
|
1,357,962
|
|
Navoi Mining & Metallurgical Combinat 6.75% 5/14/2030 (i)
|
4,610,000
|
4,737,697
|
|
Navoi Mining & Metallurgical Combinat 6.95% 10/17/2031 (i)
|
2,195,000
|
2,282,800
|
|
Navoiyuran State Enterprise 6.7% 7/2/2030 (i)
|
3,435,000
|
3,440,153
|
|
TOTAL UZBEKISTAN
|
11,818,612
|
||
VENEZUELA - 0.4%
|
|||
Energy - 0.4%
|
|||
Oil, Gas & Consumable Fuels - 0.4%
|
|||
Petroleos de Venezuela SA 12.75% (g)(i)
|
1,258,333
|
570,025
|
|
Petroleos de Venezuela SA 5.375% (f)(g)
|
4,800,000
|
1,590,960
|
|
Petroleos de Venezuela SA 5.5% (f)(g)
|
315,000
|
105,273
|
|
Petroleos de Venezuela SA 6% (g)(i)
|
11,650,000
|
3,979,640
|
|
Petroleos de Venezuela SA 6% (g)(i)
|
9,300,000
|
3,154,560
|
|
Petroleos de Venezuela SA 9.75% (g)(i)
|
1,265,000
|
520,231
|
|
TOTAL VENEZUELA
|
9,920,689
|
||
VIETNAM - 0.1%
|
|||
Utilities - 0.1%
|
|||
Electric Utilities - 0.1%
|
|||
Mong Duong Finance Holdings BV 5.125% 5/7/2029 (i)
|
2,925,874
|
2,875,578
|
|
ZAMBIA - 0.2%
|
|||
Materials - 0.2%
|
|||
Metals & Mining - 0.2%
|
|||
First Quantum Minerals Ltd 7.25% 2/15/2034 (i)
|
4,335,000
|
4,388,841
|
|
|
TOTAL NON-CONVERTIBLE CORPORATE BONDS
(Cost $1,004,563,200)
|
940,131,047
|
||
Preferred Securities - 2.8%
|
|||
Principal
Amount (a)
|
Value ($)
|
||
BRAZIL - 0.2%
|
|||
Consumer Staples - 0.2%
|
|||
Food Products - 0.2%
|
|||
Cosan Overseas Ltd 8.25% (f)(h)
|
5,876,000
|
5,657,088
|
|
CHILE - 0.4%
|
|||
Financials - 0.4%
|
|||
Banks - 0.4%
|
|||
Banco de Credito e Inversiones SA 7.5% (c)(h)(i)
|
2,755,000
|
2,884,281
|
|
Banco de Credito e Inversiones SA 8.75% (c)(h)(i)
|
2,785,000
|
2,945,163
|
|
Banco del Estado de Chile 7.95% (c)(h)(i)
|
2,485,000
|
2,688,775
|
|
TOTAL CHILE
|
8,518,219
|
||
HONG KONG - 0.3%
|
|||
Communication Services - 0.3%
|
|||
Diversified Telecommunication Services - 0.3%
|
|||
CAS Capital No 1 Ltd 4% (c)(f)(h)
|
6,695,000
|
6,703,914
|
|
INDIA - 0.1%
|
|||
Information Technology - 0.1%
|
|||
IT Services - 0.1%
|
|||
Network i2i Ltd 3.975% (c)(h)(i)
|
2,535,000
|
2,559,653
|
|
KUWAIT - 0.1%
|
|||
Financials - 0.1%
|
|||
Banks - 0.1%
|
|||
NBK Tier 1 Ltd 3.625% (c)(h)(i)
|
2,490,000
|
2,449,176
|
|
MEXICO - 1.5%
|
|||
Financials - 0.6%
|
|||
Banks - 0.6%
|
|||
Banco Mercantil del Norte SA/Grand Cayman 7.625% (c)(h)(i)
|
7,260,000
|
7,382,393
|
|
Banco Mercantil del Norte SA/Grand Cayman 8.375% (c)(h)(i)
|
1,905,000
|
1,983,886
|
|
BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX 5.125% 1/18/2033 (c)(i)
|
2,615,000
|
2,579,058
|
|
BBVA Mexico SA Institucion De Banca Multiple Grupo Financiero BBVA Mexico/TX 8.45% 6/29/2038 (c)(i)
|
2,930,000
|
3,197,258
|
|
TOTAL FINANCIALS
|
15,142,595
|
||
Materials - 0.9%
|
|||
Construction Materials - 0.9%
|
|||
Cemex SAB de CV 5.125% (c)(h)(i)
|
12,205,000
|
12,183,187
|
|
Cemex SAB de CV 7.2% (c)(h)(i)
|
6,765,000
|
6,896,394
|
|
TOTAL MATERIALS
|
19,079,581
|
||
TOTAL MEXICO
|
34,222,176
|
||
RUSSIA - 0.0%
|
|||
Financials - 0.0%
|
|||
Banks - 0.0%
|
|||
Alfa Bank AO Via Alfa Bond Issuance PLC loan participation 5 year U.S. Treasury Index + 4.572%, 6.95% (b)(c)(e)(f)(g)(h)
|
982,000
|
49,100
|
|
Tinkoff Bank JSC Via TCS Finance Ltd loan participation 6% (b)(c)(g)(h)(i)
|
2,960,000
|
148,000
|
|
TOTAL RUSSIA
|
197,100
|
||
SAUDI ARABIA - 0.1%
|
|||
Financials - 0.1%
|
|||
Banks - 0.1%
|
|||
NCB Tier 1 Sukuk Ltd 3.5% (c)(f)(h)
|
3,150,000
|
3,133,603
|
|
UNITED ARAB EMIRATES - 0.1%
|
|||
Financials - 0.1%
|
|||
Banks - 0.1%
|
|||
Emirates NBD Bank PJSC 6.25% (c)(f)(h)
|
3,580,000
|
3,543,601
|
|
|
TOTAL PREFERRED SECURITIES
(Cost $69,348,916)
|
66,984,530
|
||
U.S. Treasury Obligations - 3.3%
|
||||
Yield (%) (l)
|
Principal
Amount (a)
|
Value ($)
|
||
US Treasury Bonds 2.875% 5/15/2052
|
3.12
|
6,190,000
|
4,292,862
|
|
US Treasury Bonds 3.25% 5/15/2042
|
3.37 to 5.18
|
14,357,000
|
11,829,944
|
|
US Treasury Bonds 3.625% 2/15/2053
|
3.92 to 5.06
|
14,989,000
|
12,029,843
|
|
US Treasury Notes 2.875% 5/15/2032 (m)(n)
|
2.91 to 2.95
|
10,848,000
|
10,145,423
|
|
US Treasury Notes 3.625% 3/31/2030
|
3.31 to 3.33
|
9,396,000
|
9,298,737
|
|
US Treasury Notes 3.75% 5/31/2030
|
3.84
|
1,994,000
|
1,981,849
|
|
US Treasury Notes 4% 2/28/2030
|
3.40
|
4,819,000
|
4,837,259
|
|
US Treasury Notes 4.125% 3/31/2031
|
4.66
|
7,644,000
|
7,698,045
|
|
US Treasury Notes 4.625% 2/15/2035
|
4.27 to 4.31
|
11,046,000
|
11,332,506
|
|
US Treasury Notes 4.625% 9/30/2030
|
5.00
|
3,851,000
|
3,960,362
|
|
|
TOTAL U.S. TREASURY OBLIGATIONS
(Cost $83,635,818)
|
77,406,830
|
|||
Money Market Funds - 7.4%
|
||||
Yield (%)
|
Shares
|
Value ($)
|
||
Fidelity Cash Central Fund (o)
(Cost $174,980,644)
|
3.69
|
174,946,146
|
174,981,136
|
|
|
TOTAL INVESTMENT IN SECURITIES - 99.0%
(Cost $2,437,086,374)
|
2,341,218,893
|
NET OTHER ASSETS (LIABILITIES) - 1.0%
|
23,478,726
|
NET ASSETS - 100.0%
|
2,364,697,619
|
Futures Contracts
|
||||
Number
of contracts
|
Expiration
Date
|
Notional
Amount ($)
|
Unrealized
Appreciation/
(Depreciation) ($)
|
|
LONG
|
||||
Interest Rate Contracts
|
||||
CBOT 10Y US Treasury Notes Contracts (United States)
|
838
|
6/2026
|
93,018,000
|
(1,592,460)
|
The notional amount of long futures as a percentage of Net Assets is 3.9%.
|
||||
Credit Default Swaps
|
||||||||||
Underlying Reference
|
Maturity
Date
|
Clearinghouse /
Counterparty(1)
|
Fixed
Payment
Received/
(Paid)
|
Payment
Frequency
|
Notional
Amount(3)
|
Value ($)
|
Upfront
Premium
Received/
(Paid) ($)(2)
|
Unrealized
Appreciation/
(Depreciation) ($)
|
||
Buy Protection
|
||||||||||
5Y CDX EMIG CDSI Series 45 Index
|
6/2031
|
ICE
|
(1%)
|
Quarterly
|
22,810,000
|
17,165
|
0
|
17,165
|
||
Interest Rate Swaps
|
||||||||||
Payment Received
|
Payment
Frequency
|
Payment Paid
|
Payment
Frequency
|
Clearinghouse /
Counterparty(1)
|
Maturity
Date
|
Notional
Amount(3)
|
Value ($)
|
Upfront
Premium
Received/
(Paid) ($)(2)
|
Unrealized
Appreciation/
(Depreciation) ($)
|
|
7.45%
|
Lunar
|
1D TIIE(4)
|
Lunar
|
CME
|
8/2026
|
MXN
|
42,000,000
|
5,560
|
0
|
5,560
|
EGP
|
-
|
Egyptian Pound
|
EUR
|
-
|
European Monetary Unit (Euro)
|
HUF
|
-
|
Hungarian Forint
|
MXN
|
-
|
Mexican Peso
|
NGN
|
-
|
Nigerian Naira
|
RON
|
-
|
Romanian Leu
|
(a)
|
Amount is stated in United States dollars unless otherwise noted.
|
(b)
|
Level 3 security.
|
(c)
|
Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.
|
(d)
|
Remaining maturities of bank loan obligations may be less than the stated maturities shown as a result of contractual or optional prepayments by the borrower. Such prepayments cannot be predicted with certainty.
|
(e)
|
Coupon is indexed to a floating interest rate which may be multiplied by a specified factor and/or subject to caps or floors.
|
(f)
|
Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $105,612,513 or 4.5% of net assets.
|
(g)
|
Non-income producing - Security is in default.
|
(h)
|
Security is perpetual in nature with no stated maturity date.
|
(i)
|
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $1,374,225,070 or 58.1% of net assets.
|
(j)
|
Zero coupon bond which is issued at a discount.
|
(k)
|
Security initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is the rate at period end.
|
(l)
|
Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end.
|
(m)
|
Security or a portion of the security was pledged to cover margin requirements for centrally cleared swaps. At period end, the value of securities pledged amounted to $514,379.
|
(n)
|
Security or a portion of the security was pledged to cover margin requirements for futures contracts. At period end, the value of securities pledged amounted to $1,661,912.
|
(o)
|
Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.
|
Affiliate
|
Value,
beginning
of period ($)
|
Purchases ($)
|
Sales
Proceeds ($)
|
Dividend
Income ($)
|
Realized
Gain (loss) ($)
|
Change in
Unrealized
appreciation
(depreciation) ($)
|
Value,
end
of period ($)
|
Shares,
end
of period
|
% ownership,
end
of period
|
Fidelity Cash Central Fund
|
177,707,196
|
149,154,153
|
151,880,213
|
1,559,856
|
(864)
|
864
|
174,981,136
|
174,946,146
|
0.3%
|
Total
|
177,707,196
|
149,154,153
|
151,880,213
|
1,559,856
|
(864)
|
864
|
174,981,136
|
||