Quarterly Holdings Report
for
Fidelity® International Bond Index Fund
March 31, 2026
IBI-NPRT1-0526
1.9896129.106
Foreign Government and Government Agency Obligations - 71.3%
 
 
Principal
Amount (a)
 
Value ($)
 
AUSTRALIA - 3.3%
 
 
 
Australian Commonwealth 1% 12/21/2030 (b)
AUD
5,842,000
3,416,170
Australian Commonwealth 1.25% 5/21/2032
AUD
20,000
11,272
Australian Commonwealth 1.5% 6/21/2031
AUD
3,080,000
1,817,020
Australian Commonwealth 1.75% 11/21/2032 (b)
AUD
490,000
280,704
Australian Commonwealth 1.75% 6/21/2051 (b)
AUD
809,000
281,178
Australian Commonwealth 2.25% 5/21/2028 (b)
AUD
3,740,000
2,457,559
Australian Commonwealth 2.75% 11/21/2027 (b)
AUD
1,990,000
1,332,566
Australian Commonwealth 2.75% 11/21/2029 (b)
AUD
3,840,000
2,485,861
Australian Commonwealth 2.75% 5/21/2041 (b)
AUD
244,000
126,503
Australian Commonwealth 2.75% 6/21/2035 (b)
AUD
2,920,000
1,693,176
Australian Commonwealth 3% 11/21/2033 (b)
AUD
3,690,000
2,251,251
Australian Commonwealth 3% 3/21/2047 (b)
AUD
1,898,000
930,928
Australian Commonwealth 3.25% 4/21/2029 (b)
AUD
2,470,000
1,639,247
Australian Commonwealth 3.5% 12/21/2034 (b)
AUD
2,630,000
1,636,414
Australian Commonwealth 3.75% 5/21/2034 (b)
AUD
1,910,000
1,220,313
Australian Commonwealth 4.25% 10/21/2036 (b)
AUD
440,000
285,898
Australian Commonwealth 4.25% 12/21/2035 (b)
AUD
2,890,000
1,889,333
Australian Commonwealth 4.25% 3/21/2036 (b)
AUD
1,730,000
1,128,991
Australian Commonwealth 4.25% 6/21/2034 (b)
AUD
520,000
343,992
Australian Commonwealth 4.5% 4/21/2033 (b)
AUD
980,000
664,819
Australian Commonwealth 4.75% 6/21/2054 (b)
AUD
290,000
183,420
New South Wales Treasury Corp 1.25% 11/20/2030
AUD
670,000
391,886
New South Wales Treasury Corp 1.75% 3/20/2034 (b)
AUD
840,000
444,005
New South Wales Treasury Corp 2% 3/20/2031
AUD
1,106,000
663,510
New South Wales Treasury Corp 3% 4/20/2029 (b)
AUD
2,690,000
1,760,420
New South Wales Treasury Corp 3% 5/20/2027 (b)
AUD
620,000
419,851
New South Wales Treasury Corp 4.25% 2/20/2036 (b)
AUD
470,000
292,501
New South Wales Treasury Corp 4.75% 2/20/2037 (b)
AUD
1,910,000
1,221,987
Queensland Treasury Corp 1.5% 8/20/2032 (b)(e)
AUD
2,840,000
1,568,252
Queensland Treasury Corp 1.75% 7/20/2034 (b)(e)
AUD
450,000
234,199
Queensland Treasury Corp 1.75% 8/21/2031 (b)(e)
AUD
2,631,000
1,533,349
Queensland Treasury Corp 2% 8/22/2033
AUD
1,000,000
550,408
Queensland Treasury Corp 2.25% 11/20/2041 (b)(e)
AUD
70,000
29,798
Queensland Treasury Corp 3.25% 7/21/2028 (b)(e)
AUD
154,000
102,703
Queensland Treasury Corp 3.5% 8/21/2030 (b)(e)
AUD
58,000
37,747
South Australian Government Financing Authority 1.75% 5/24/2032 (b)
AUD
490,000
277,827
South Australian Government Financing Authority 2% 5/23/2036 (b)
AUD
150,000
74,637
South Australian Government Financing Authority 4.5% 5/24/2033 (b)
AUD
720,000
474,062
Treasury Corp of Victoria 1.25% 11/19/2027
AUD
952,000
620,969
Treasury Corp of Victoria 1.5% 11/20/2030
AUD
1,347,000
795,534
Treasury Corp of Victoria 1.5% 9/10/2031
AUD
1,000,000
572,314
Treasury Corp of Victoria 2% 11/20/2037
AUD
260,000
121,628
Treasury Corp of Victoria 2% 9/17/2035
AUD
1,550,000
786,421
Treasury Corp of Victoria 2.25% 11/20/2034
AUD
350,000
187,371
Treasury Corp of Victoria 2.25% 11/20/2042
AUD
330,000
136,305
Treasury Corp of Victoria 2.25% 9/15/2033 (b)
AUD
310,000
172,534
Treasury Corp of Victoria 2.5% 10/22/2029
AUD
424,000
269,741
Treasury Corp of Victoria 3.625% 9/29/2040 (b)
EUR
120,000
136,093
Treasury Corp of Victoria 4.75% 9/15/2036
AUD
50,000
32,015
Treasury Corp of Victoria 5% 11/20/2040
AUD
300,000
185,728
Treasury Corp of Victoria 5.25% 9/15/2038
AUD
410,000
267,760
Western Australian Treasury Corp 4.25% 7/20/2033
AUD
150,000
97,628
Western Australian Treasury Corp 4.75% 10/24/2035 (b)
AUD
530,000
347,350
TOTAL AUSTRALIA
 
 
40,883,148
AUSTRIA - 1.3%
 
 
 
Austrian Republic 0% 10/20/2028 (b)(e)
EUR
600,000
647,655
Austrian Republic 0% 10/20/2040 (b)(e)
EUR
788,000
544,050
Austrian Republic 0% 2/20/2030 (b)(e)
EUR
1,972,000
2,048,950
Austrian Republic 0% 2/20/2031 (b)(e)
EUR
1,370,000
1,377,832
Austrian Republic 0.5% 2/20/2029 (b)(e)
EUR
1,557,000
1,689,401
Austrian Republic 0.7% 4/20/2071 (b)(e)
EUR
80,000
33,055
Austrian Republic 0.75% 2/20/2028 (b)(e)
EUR
1,335,000
1,489,374
Austrian Republic 0.75% 3/20/2051 (b)(e)
EUR
930,000
555,006
Austrian Republic 0.85% 6/30/2120 (b)(e)
EUR
1,510,000
544,373
Austrian Republic 0.9% 2/20/2032 (b)(e)
EUR
394,000
404,308
Austrian Republic 1.5% 11/2/2086 (b)(e)
EUR
320,000
178,184
Austrian Republic 1.5% 2/20/2047 (b)(e)
EUR
293,000
230,666
Austrian Republic 2.4% 5/23/2034 (b)(e)
EUR
40,000
43,796
Austrian Republic 2.8% 9/20/2032 (b)(e)
EUR
1,010,000
1,152,704
Austrian Republic 2.9% 2/20/2033 (b)(e)
EUR
140,000
160,317
Austrian Republic 2.9% 2/20/2034 (b)(e)
EUR
620,000
705,674
Austrian Republic 2.95% 2/20/2035 (b)(e)
EUR
1,620,000
1,832,425
Austrian Republic 3.15% 10/20/2053 (b)(e)
EUR
130,000
134,092
Austrian Republic 3.15% 6/20/2044 (b)(e)
EUR
720,000
775,330
Austrian Republic 3.2% 2/20/2036 (b)(e)
EUR
650,000
744,385
Austrian Republic 3.2% 7/15/2039 (b)
EUR
190,000
212,204
Austrian Republic 4.15% 3/15/2037 (b)(e)
EUR
20,000
24,759
TOTAL AUSTRIA
 
 
15,528,540
BELGIUM - 1.9%
 
 
 
Kingdom of Belgium 0% 10/22/2027 (b)(e)
EUR
2,060,000
2,285,654
Kingdom of Belgium 0.1% 6/22/2030 (b)(e)
EUR
1,015,000
1,044,344
Kingdom of Belgium 0.35% 6/22/2032 (b)(e)
EUR
2,699,000
2,634,138
Kingdom of Belgium 0.4% 6/22/2040 (b)(e)
EUR
1,212,000
869,236
Kingdom of Belgium 0.65% 6/22/2071 (b)(e)
EUR
1,750,000
645,469
Kingdom of Belgium 0.8% 6/22/2027 (b)(e)
EUR
39,000
44,118
Kingdom of Belgium 0.8% 6/22/2028 (b)(e)
EUR
1,220,000
1,352,744
Kingdom of Belgium 0.9% 6/22/2029 (b)(e)
EUR
1,373,000
1,495,484
Kingdom of Belgium 1.25% 4/22/2033 (b)(e)
EUR
1,461,000
1,488,915
Kingdom of Belgium 1.4% 6/22/2053 (b)(e)
EUR
932,000
583,454
Kingdom of Belgium 1.6% 6/22/2047 (b)(e)
EUR
38,000
28,311
Kingdom of Belgium 1.7% 6/22/2050 (b)(e)
EUR
23,000
16,529
Kingdom of Belgium 2.15% 6/22/2066 (b)(e)
EUR
90,000
63,243
Kingdom of Belgium 2.25% 6/22/2057 (b)(e)
EUR
124,000
93,210
Kingdom of Belgium 2.6% 10/22/2030 (b)(e)
EUR
640,000
728,169
Kingdom of Belgium 2.85% 10/22/2034 (b)(e)
EUR
1,020,000
1,133,821
Kingdom of Belgium 3.1% 6/22/2035 (b)(e)
EUR
2,530,000
2,837,129
Kingdom of Belgium 3.3% 6/22/2054 (b)(e)
EUR
360,000
350,208
Kingdom of Belgium 3.4% 6/22/2036 (b)(e)
EUR
460,000
522,899
Kingdom of Belgium 3.75% 6/22/2045 (b)
EUR
1,870,000
2,063,099
Kingdom of Belgium 4% 3/28/2032 (b)
EUR
30,000
36,386
Kingdom of Belgium 4.25% 3/28/2041 (b)(e)
EUR
545,000
654,554
Kingdom of Belgium 4.35% 6/22/2056 (b)(e)
EUR
360,000
413,455
Kingdom of Belgium 5.5% 3/28/2028 (b)
EUR
40,000
48,706
Ministeries Van de Vlaamse Gemeenschap 1.875% 6/2/2042
EUR
400,000
342,062
Ministeries Van de Vlaamse Gemeenschap 3.125% 6/22/2034 (b)
EUR
300,000
337,163
Ministeries Van de Vlaamse Gemeenschap 3.25% 4/5/2033 (b)
EUR
300,000
344,141
Region Wallonne Belgium 1.05% 6/22/2040 (b)
EUR
100,000
76,534
Region Wallonne Belgium 1.25% 5/3/2034 (b)
EUR
400,000
384,486
Region Wallonne Belgium 3.125% 6/22/2032 (b)
EUR
500,000
566,265
TOTAL BELGIUM
 
 
23,483,926
BULGARIA - 0.1%
 
 
 
Bulgarian Republic 4.5% 1/27/2033 (b)
EUR
370,000
449,458
Bulgarian Republic 4.625% 9/23/2034 (b)
EUR
190,000
231,910
TOTAL BULGARIA
 
 
681,368
CANADA - 5.5%
 
 
 
Canada Housing Trust No 1 1.6% 12/15/2031 (e)
CAD
320,000
209,703
Canada Housing Trust No 1 1.75% 6/15/2030 (e)
CAD
730,000
496,097
Canada Housing Trust No 1 2.1% 9/15/2029 (e)
CAD
70,000
48,738
Canada Housing Trust No 1 3.6% 12/15/2027 (e)
CAD
1,910,000
1,390,164
Canada Housing Trust No 1 3.6% 9/15/2035
CAD
1,560,000
1,114,316
Canada Housing Trust No 1 4.25% 3/15/2034 (e)
CAD
780,000
587,604
Canadian Government 0.5% 12/1/2030
CAD
491,000
313,843
Canadian Government 1.25% 6/1/2030
CAD
16,000
10,702
Canadian Government 1.75% 12/1/2053
CAD
70,000
32,139
Canadian Government 2% 6/1/2032
CAD
5,230,000
3,506,994
Canadian Government 2.5% 8/1/2027
CAD
4,900,000
3,510,880
Canadian Government 2.75% 12/1/2055
CAD
1,610,000
926,150
Canadian Government 2.75% 12/1/2064
CAD
3,020,000
1,679,135
Canadian Government 2.75% 3/1/2030
CAD
300,000
213,413
Canadian Government 2.75% 3/1/2031
CAD
2,880,000
2,038,228
Canadian Government 2.75% 6/1/2033
CAD
430,000
298,603
Canadian Government 2.75% 9/1/2030
CAD
8,810,000
6,251,791
Canadian Government 3% 6/1/2034
CAD
3,210,000
2,249,196
Canadian Government 3.25% 12/1/2033
CAD
1,640,000
1,173,207
Canadian Government 3.25% 12/1/2034
CAD
2,240,000
1,593,042
Canadian Government 3.25% 12/1/2035
CAD
4,740,000
3,347,423
Canadian Government 3.25% 6/1/2035
CAD
6,470,000
4,585,138
Canadian Government 3.5% 12/1/2045
CAD
1,760,000
1,216,902
Canadian Government 3.5% 12/1/2057
CAD
1,030,000
688,361
Canadian Government 3.5% 9/1/2029
CAD
1,600,000
1,168,794
City of Montreal 2.3% 9/1/2029
CAD
140,000
97,771
City of Montreal 2.4% 12/1/2041
CAD
260,000
139,626
City of Montreal 4.4% 12/1/2043
CAD
50,000
34,155
City of Ottawa Ontario 4.6% 7/14/2042
CAD
70,000
49,842
City of Toronto Canada Principal Strip 2.15% 8/25/2040
CAD
70,000
37,777
City of Toronto Canada Principal Strip 2.8% 11/22/2049
CAD
180,000
91,797
Export Development Canada 0.5% 2/25/2027 (b)
EUR
330,000
374,268
Province of Alberta 2.05% 6/1/2030
CAD
1,100,000
755,105
Province of Alberta 3.05% 12/1/2048
CAD
724,000
401,221
Province of Alberta 3.1% 6/1/2050
CAD
231,000
127,626
Province of Alberta 4.45% 12/1/2054
CAD
280,000
192,973
Province of British Columbia 2.2% 6/18/2030
CAD
2,280,000
1,573,428
Province of British Columbia 2.75% 6/18/2052
CAD
140,000
70,256
Province of British Columbia 2.95% 6/18/2050
CAD
924,000
491,478
Province of British Columbia 3.5% 5/29/2040 (b)
EUR
340,000
380,076
Province of British Columbia 3.55% 6/18/2033
CAD
970,000
693,009
Province of British Columbia 4.45% 12/18/2055
CAD
650,000
443,351
Province of British Columbia 4.6% 6/18/2057
CAD
70,000
48,957
Province of British Columbia 4.95% 7/16/2032 (b)
AUD
360,000
242,359
Province of Manitoba 3% 6/2/2028
CAD
320,000
230,213
Province of Manitoba 3.2% 3/5/2050
CAD
256,000
142,346
Province of Manitoba 3.4% 9/5/2048
CAD
470,000
273,662
Province of Manitoba 3.7% 6/2/2035
CAD
690,000
487,241
Province of Manitoba 4.05% 9/5/2045
CAD
80,000
52,633
Province of New Brunswick 2.55% 8/14/2031
CAD
690,000
476,058
Province of New Brunswick 3.05% 8/14/2050
CAD
227,000
122,455
Province of New Brunswick 3.55% 6/3/2043
CAD
100,000
62,539
Province of New Brunswick 3.95% 6/3/2035
CAD
210,000
151,124
Province of New Brunswick 4.8% 9/26/2039
CAD
90,000
67,392
Province of Newfoundland 1.75% 6/2/2030
CAD
290,000
196,012
Province of Newfoundland 2.65% 10/17/2050
CAD
217,000
106,221
Province of Newfoundland 3.3% 10/17/2046
CAD
50,000
28,585
Province of Newfoundland 3.7% 10/17/2048
CAD
70,000
42,058
Province of Newfoundland 4.6% 10/17/2055
CAD
130,000
89,448
Province of Nova Scotia 3.15% 12/1/2051
CAD
160,000
87,189
Province of Nova Scotia 3.45% 6/1/2045
CAD
150,000
90,357
Province of Nova Scotia 3.85% 6/1/2035
CAD
490,000
350,372
Province of Nova Scotia 4.05% 6/1/2033
CAD
370,000
272,679
Province of Ontario 0.375% 4/8/2027 (b)
EUR
283,000
319,673
Province of Ontario 1.05% 9/8/2027
CAD
2,770,000
1,943,521
Province of Ontario 1.9% 12/2/2051
CAD
210,000
88,736
Province of Ontario 2.05% 6/2/2030
CAD
59,000
40,495
Province of Ontario 2.15% 6/2/2031
CAD
170,000
115,402
Province of Ontario 2.65% 12/2/2050
CAD
49,000
24,794
Province of Ontario 2.7% 6/2/2029
CAD
1,703,000
1,209,974
Province of Ontario 2.8% 6/2/2048
CAD
1,868,000
995,027
Province of Ontario 2.9% 12/2/2046
CAD
480,000
264,809
Province of Ontario 2.9% 6/2/2049
CAD
1,735,000
932,264
Province of Ontario 2.95% 9/8/2030
CAD
1,620,000
1,150,618
Province of Ontario 3.1% 1/31/2034 (b)
EUR
280,000
318,857
Province of Ontario 3.65% 6/2/2033
CAD
1,500,000
1,080,958
Province of Ontario 3.75% 12/2/2053
CAD
210,000
129,095
Province of Ontario 4.1% 3/4/2033
CAD
840,000
623,379
Province of Ontario 4.45% 12/2/2056
CAD
240,000
166,155
Province of Ontario 4.6% 12/2/2055
CAD
2,250,000
1,596,075
Province of Ontario 4.6% 6/2/2039
CAD
230,000
170,486
Province of Ontario 4.7% 6/2/2037
CAD
190,000
143,526
Province of Quebec 0% 10/29/2030 (b)
EUR
1,050,000
1,058,383
Province of Quebec 0.5% 1/25/2032 (b)
EUR
330,000
328,087
Province of Quebec 1.5% 9/1/2031
CAD
1,966,000
1,283,395
Province of Quebec 1.9% 9/1/2030
CAD
131,000
88,992
Province of Quebec 2.3% 9/1/2029
CAD
1,179,000
825,320
Province of Quebec 2.85% 12/1/2053
CAD
2,270,000
1,147,418
Province of Quebec 3.1% 12/1/2051
CAD
230,000
124,660
Province of Quebec 3.5% 12/1/2045
CAD
880,000
534,231
Province of Quebec 3.5% 12/1/2048
CAD
270,000
159,648
Province of Quebec 3.6% 9/1/2033
CAD
300,000
214,559
Province of Quebec 3.65% 5/20/2032
CAD
410,000
297,319
Province of Quebec 4.4% 12/1/2055
CAD
260,000
176,023
Province of Quebec 5% 12/1/2038
CAD
90,000
68,937
Province of Quebec 5% 12/1/2041
CAD
420,000
317,562
Province of Saskatchewan 3.1% 6/2/2050
CAD
293,000
161,554
Province of Saskatchewan 3.25% 9/24/2035 (b)
EUR
150,000
170,379
Province of Saskatchewan 3.3% 6/2/2048
CAD
150,000
87,002
Province of Saskatchewan 3.8% 6/2/2035
CAD
570,000
407,502
Province of Saskatchewan 3.9% 6/2/2033
CAD
70,000
51,206
Province of Saskatchewan 4.75% 6/1/2040
CAD
120,000
89,766
TOTAL CANADA
 
 
67,130,009
CHILE - 0.0%
 
 
 
Chilean Republic 1.25% 1/29/2040
EUR
114,000
91,578
Chilean Republic 1.875% 5/27/2030
EUR
100,000
108,436
TOTAL CHILE
 
 
200,014
CHINA - 0.1%
 
 
 
Peoples Republic of China 0.5% 11/12/2031 (b)
EUR
820,000
826,583
Peoples Republic of China 0.625% 11/25/2035 (b)
EUR
150,000
139,713
TOTAL CHINA
 
 
966,296
CYPRUS - 0.1%
 
 
 
Republic of Cyprus 0.625% 1/21/2030 (b)
EUR
50,000
53,122
Republic of Cyprus 1.25% 1/21/2040 (b)
EUR
130,000
107,096
Republic of Cyprus 2.25% 4/16/2050 (b)
EUR
59,000
48,917
Republic of Cyprus 2.375% 9/25/2028 (b)
EUR
584,000
667,058
TOTAL CYPRUS
 
 
876,193
DENMARK - 0.5%
 
 
 
Danish Kingdom 0% 11/15/2031
DKK
1,700,000
228,144
Danish Kingdom 0% 11/15/2031
DKK
610,000
81,921
Danish Kingdom 0.25% 11/15/2052
DKK
3,891,000
289,897
Danish Kingdom 0.5% 11/15/2027
DKK
11,030,000
1,658,848
Danish Kingdom 0.5% 11/15/2029
DKK
16,594,000
2,398,348
Danish Kingdom 2.25% 11/15/2033
DKK
3,120,000
467,360
Danish Kingdom 2.25% 11/15/2035
DKK
4,640,000
680,468
Danish Kingdom 4.5% 11/15/2039
DKK
3,960,000
711,415
TOTAL DENMARK
 
 
6,516,401
ESTONIA - 0.0%
 
 
 
Republic of Estonia 0.125% 6/10/2030 (b)
EUR
380,000
387,302
FINLAND - 0.6%
 
 
 
Finnish Government 0% 9/15/2030 (b)(e)
EUR
740,000
754,745
Finnish Government 0.125% 4/15/2036 (b)(e)
EUR
452,000
381,079
Finnish Government 0.125% 4/15/2052 (b)(e)
EUR
294,000
134,448
Finnish Government 0.25% 9/15/2040 (b)(e)
EUR
433,000
312,038
Finnish Government 0.5% 4/15/2043 (b)(e)
EUR
1,243,000
856,565
Finnish Government 0.5% 9/15/2028 (b)(e)
EUR
1,080,000
1,184,414
Finnish Government 1.125% 4/15/2034 (b)(e)
EUR
166,000
164,459
Finnish Government 1.5% 9/15/2032 (b)(e)
EUR
1,180,000
1,242,470
Finnish Government 2.625% 4/15/2032 (b)(e)
EUR
370,000
419,580
Finnish Government 2.625% 7/4/2042 (b)(e)
EUR
20,000
20,247
Finnish Government 2.875% 4/15/2029 (b)(e)
EUR
440,000
510,688
Finnish Government 2.95% 4/15/2055 (b)(e)
EUR
200,000
194,562
Finnish Government 3% 9/15/2033 (b)(e)
EUR
200,000
229,886
Finnish Government 3% 9/15/2035 (b)(e)
EUR
520,000
588,129
TOTAL FINLAND
 
 
6,993,310
FRANCE - 8.8%
 
 
 
Action Logement Services 0.375% 10/5/2031 (b)
EUR
600,000
590,507
Action Logement Services 3.125% 9/28/2037 (b)
EUR
100,000
106,498
Agence France Locale 3% 8/20/2032 (b)
EUR
200,000
224,496
Agence France Locale 3.125% 3/20/2034 (b)
EUR
100,000
111,054
Caisse d'Amortissement de la Dette Sociale 0% 11/25/2030 (b)
EUR
900,000
900,877
Caisse d'Amortissement de la Dette Sociale 0% 2/25/2028 (b)
EUR
600,000
657,509
Caisse d'Amortissement de la Dette Sociale 0% 5/25/2031 (b)
EUR
300,000
294,947
Caisse d'Amortissement de la Dette Sociale 0.6% 11/25/2029 (b)
EUR
1,400,000
1,484,622
Caisse d'Amortissement de la Dette Sociale 1.75% 11/25/2027 (b)
EUR
500,000
568,018
Caisse d'Amortissement de la Dette Sociale 3% 11/25/2031 (b)
EUR
200,000
228,072
French Government 0% 11/25/2029 (b)(e)
EUR
1,147,000
1,193,705
French Government 0% 11/25/2030 (b)(e)
EUR
1,209,000
1,216,339
French Government 0% 11/25/2031 (b)(e)
EUR
1,617,000
1,568,796
French Government 0% 5/25/2032 (b)(e)
EUR
2,183,000
2,072,558
French Government 0.5% 5/25/2029 (b)(e)
EUR
1,326,000
1,424,934
French Government 0.5% 5/25/2040 (b)(e)
EUR
3,197,000
2,304,530
French Government 0.5% 5/25/2072 (b)(e)
EUR
3,920,000
1,237,386
French Government 0.5% 6/25/2044 (b)(e)
EUR
690,000
428,461
French Government 0.75% 2/25/2028 (b)(e)
EUR
7,210,000
8,029,035
French Government 0.75% 5/25/2028 (b)(e)
EUR
473,000
524,058
French Government 0.75% 5/25/2052 (b)(e)
EUR
2,316,000
1,192,147
French Government 0.75% 5/25/2053 (b)(e)
EUR
2,348,000
1,170,385
French Government 1.25% 5/25/2034 (b)(e)
EUR
137,000
133,507
French Government 1.25% 5/25/2036 (b)(e)
EUR
1,858,000
1,705,481
French Government 1.25% 5/25/2038 (b)(e)
EUR
390,000
336,689
French Government 1.5% 5/25/2031 (b)(e)
EUR
1,913,000
2,046,762
French Government 1.5% 5/25/2050 (b)(e)
EUR
494,000
333,602
French Government 1.75% 5/25/2066 (b)(e)
EUR
2,063,000
1,234,735
French Government 1.75% 6/25/2039 (b)(e)
EUR
655,000
589,587
French Government 2% 11/25/2032 (b)(e)
EUR
8,700,000
9,290,711
French Government 2% 5/25/2048 (b)(e)
EUR
124,000
97,069
French Government 2.5% 5/25/2030 (b)(e)
EUR
840,000
953,612
French Government 2.5% 5/25/2043 (b)(e)
EUR
9,170,000
8,470,739
French Government 2.5% 9/24/2027 (b)(e)
EUR
5,340,000
6,151,848
French Government 2.7% 2/25/2031 (b)(e)
EUR
5,580,000
6,345,017
French Government 2.75% 2/25/2029 (b)(e)
EUR
12,510,000
14,421,990
French Government 2.75% 2/25/2030 (b)(e)
EUR
3,520,000
4,039,165
French Government 3% 11/25/2034 (b)(e)
EUR
3,680,000
4,086,606
French Government 3% 5/25/2033 (b)(e)
EUR
870,000
983,179
French Government 3% 5/25/2054 (b)(e)
EUR
610,000
547,679
French Government 3.2% 5/25/2035 (b)(e)
EUR
1,430,000
1,603,308
French Government 3.25% 5/25/2055 (b)(e)
EUR
1,090,000
1,021,767
French Government 3.5% 11/25/2033 (b)(e)
EUR
2,300,000
2,671,961
French Government 3.5% 11/25/2035 (b)(e)
EUR
8,030,000
9,171,540
French Government 3.75% 5/25/2056 (b)(e)
EUR
150,000
152,968
French Government 4% 4/25/2060 (b)(e)
EUR
490,000
524,273
French Government 4.1% 5/25/2046 (b)(e)
EUR
1,290,000
1,460,019
French Government 4.75% 4/25/2035 (b)(e)
EUR
100,000
126,031
Societe Des Grands Projets EPIC 0% 11/25/2030 (b)
EUR
1,500,000
1,500,261
Societe Des Grands Projets EPIC 1.7% 5/25/2050 (b)
EUR
500,000
348,666
Ville de Paris 1.375% 11/20/2034 (b)
EUR
100,000
95,385
Ville de Paris 3.75% 5/25/2040 (b)
EUR
100,000
109,781
TOTAL FRANCE
 
 
108,082,872
GERMANY - 9.2%
 
 
 
Free State of Saxony 0.01% 12/17/2035 (b)
EUR
490,000
414,507
Gemeinsame Deutsche Bundeslaender HB HH MV RP SL SH 0.01% 2/4/2031 (b)
EUR
50,000
49,921
German Federal Republic 0.25% 2/15/2029 (b)
EUR
6,000
6,493
German Federal Republic 0.5% 2/15/2028 (b)
EUR
7,000
7,791
German Federal Republic 1.7% 8/15/2032 (b)
EUR
6,950,000
7,561,640
German Federal Republic 1.8% 8/15/2053 (b)
EUR
390,000
322,192
German Federal Republic 2% 12/16/2027 (b)
EUR
5,040,000
5,769,402
German Federal Republic 2.1% 4/12/2029 (b)
EUR
3,960,000
4,512,432
German Federal Republic 2.1% 4/12/2029 (b)
EUR
680,000
774,934
German Federal Republic 2.2% 10/10/2030 (b)
EUR
17,300,000
19,598,145
German Federal Republic 2.2% 3/11/2027 (b)
EUR
10,000
11,523
German Federal Republic 2.3% 2/15/2033 (b)
EUR
6,380,000
7,153,416
German Federal Republic 2.5% 10/11/2029 (b)
EUR
800,000
921,813
German Federal Republic 2.5% 11/15/2032 (b)
EUR
340,000
385,672
German Federal Republic 2.5% 4/16/2031 (b)
EUR
7,320,000
8,397,555
German Federal Republic 2.5% 7/4/2044 (b)
EUR
2,370,000
2,413,758
German Federal Republic 2.5% 8/15/2046 (b)
EUR
9,180,000
9,250,073
German Federal Republic 2.5% 8/15/2054 (b)
EUR
2,680,000
2,579,888
German Federal Republic 2.6% 8/15/2035 (b)
EUR
11,900,000
13,332,070
German Federal Republic 2.9% 2/15/2036 (b)
EUR
9,930,000
11,428,397
German Federal Republic 2.9% 8/15/2056 (b)
EUR
3,500,000
3,641,370
German Federal Republic 3.25% 7/4/2042 (b)(f)
EUR
520,000
594,602
German Federal Republic 3.4% 5/15/2047 (b)
EUR
2,200,000
2,543,217
German Federal Republic 4% 1/4/2037 (b)
EUR
40,000
50,216
German Federal Republic 4.75% 7/4/2040 (b)
EUR
20,000
27,036
Land Berlin 0.125% 11/24/2045 (b)
EUR
270,000
160,012
Land Berlin 2.75% 2/14/2033
EUR
340,000
384,465
State of Brandenburg 0.05% 7/1/2031 (b)
EUR
110,000
109,108
State of Bremen 0.15% 10/24/2031
EUR
50,000
49,383
State of Bremen 0.4% 8/20/2049 (b)
EUR
29,000
16,173
State of Hesse 0.01% 6/18/2031 (b)
EUR
540,000
535,185
State of Hesse 0.125% 10/10/2031
EUR
210,000
207,621
State of Hesse 2.75% 1/10/2034 (b)
EUR
520,000
584,301
State of Lower Saxony 0.01% 1/10/2031 (b)
EUR
130,000
130,805
State of Lower Saxony 0.01% 11/25/2027 (b)
EUR
430,000
474,945
State of Lower Saxony 0.05% 3/9/2035 (b)
EUR
510,000
445,872
State of Lower Saxony 0.125% 1/9/2032 (b)
EUR
200,000
196,186
State of Lower Saxony 0.75% 3/21/2031
EUR
170,000
176,705
State of Lower Saxony 1.125% 9/12/2033 (b)
EUR
70,000
70,236
State of North Rhine-Westphalia Germany 0% 10/12/2035 (b)
EUR
80,000
68,019
State of North Rhine-Westphalia Germany 0.2% 1/27/2051 (b)
EUR
50,000
25,203
State of North Rhine-Westphalia Germany 0.2% 3/31/2027 (b)
EUR
1,513,000
1,707,613
State of North Rhine-Westphalia Germany 0.2% 4/9/2030 (b)
EUR
725,000
752,918
State of North Rhine-Westphalia Germany 0.5% 11/25/2039 (b)
EUR
72,000
56,588
State of North Rhine-Westphalia Germany 0.625% 7/21/2031 (b)
EUR
24,000
24,571
State of North Rhine-Westphalia Germany 0.8% 7/30/2049 (b)
EUR
434,000
277,909
State of North Rhine-Westphalia Germany 1.25% 5/12/2036 (b)
EUR
226,000
214,723
State of North Rhine-Westphalia Germany 1.375% 1/15/2120 (b)
EUR
70,000
34,495
State of North Rhine-Westphalia Germany 1.5% 6/12/2040 (b)
EUR
160,000
142,770
State of North Rhine-Westphalia Germany 1.55% 6/16/2048 (b)
EUR
178,000
140,835
State of North Rhine-Westphalia Germany 1.65% 2/22/2038 (b)
EUR
607,000
580,175
State of North Rhine-Westphalia Germany 1.95% 9/26/2078 (b)
EUR
270,000
193,449
State of North Rhine-Westphalia Germany 2% 6/15/2032 (b)
EUR
590,000
642,440
State of North Rhine-Westphalia Germany 2.15% 3/21/2119 (b)
EUR
70,000
50,961
State of North Rhine-Westphalia Germany 3% 3/20/2054 (b)
EUR
510,000
518,017
State of Rhineland-Palatinate 0.01% 1/21/2031 (b)
EUR
340,000
341,403
State of Rhineland-Palatinate 0.75% 2/23/2032
EUR
130,000
131,699
State of Saxony-Anhalt 3.15% 2/6/2054
EUR
50,000
51,852
State of Schleswig-Holstein Germany 0.05% 7/8/2031 (b)
EUR
410,000
406,307
State of Schleswig-Holstein Germany 2.875% 4/10/2035 (b)
EUR
230,000
258,343
TOTAL GERMANY
 
 
111,909,350
GREECE - 0.3%
 
 
 
Greek Government 1.875% 1/24/2052 (b)(e)
EUR
320,000
226,913
Greek Government 3.375% 6/15/2034 (b)(e)
EUR
200,000
226,992
Greek Government 3.375% 6/16/2036 (b)(e)
EUR
240,000
266,262
Greek Government 3.9% 1/30/2033 (b)
EUR
1,280,000
1,518,494
Greek Government 4.2% 1/30/2042 (b)
EUR
960,000
1,106,008
TOTAL GREECE
 
 
3,344,669
HONG KONG - 0.0%
 
 
 
Hong Kong Government 1.59% 3/4/2036
HKD
1,050,000
118,043
HUNGARY - 0.0%
 
 
 
Hungary Government 1.625% 4/28/2032 (b)
EUR
246,000
245,530
Hungary Government 1.75% 10/10/2027 (b)
EUR
150,000
169,721
Hungary Government 1.75% 6/5/2035 (b)
EUR
130,000
118,351
TOTAL HUNGARY
 
 
533,602
INDONESIA - 0.0%
 
 
 
Indonesia Government 1.45% 9/18/2026
EUR
430,000
493,437
IRELAND - 0.4%
 
 
 
Republic of Ireland 0% 10/18/2031 (b)
EUR
430,000
425,361
Republic of Ireland 0.2% 10/18/2030 (b)
EUR
86,000
88,579
Republic of Ireland 0.35% 10/18/2032 (b)
EUR
290,000
284,349
Republic of Ireland 0.4% 5/15/2035 (b)
EUR
355,000
321,478
Republic of Ireland 0.55% 4/22/2041 (b)
EUR
130,000
98,965
Republic of Ireland 1.1% 5/15/2029 (b)
EUR
1,129,000
1,242,279
Republic of Ireland 1.3% 5/15/2033 (b)
EUR
570,000
588,479
Republic of Ireland 1.35% 3/18/2031 (b)
EUR
130,000
140,447
Republic of Ireland 1.5% 5/15/2050 (b)
EUR
460,000
352,443
Republic of Ireland 1.7% 5/15/2037 (b)
EUR
380,000
374,729
Republic of Ireland 2% 2/18/2045 (b)
EUR
750,000
683,619
Republic of Ireland 2.6% 10/18/2034 (b)
EUR
160,000
178,107
Republic of Ireland 3.1% 6/18/2036 (b)
EUR
480,000
547,609
Republic of Ireland 3.15% 10/18/2055 (b)
EUR
120,000
125,351
TOTAL IRELAND
 
 
5,451,795
ISRAEL - 0.0%
 
 
 
Israel Government 1.5% 1/16/2029 (b)
EUR
335,000
365,257
ITALY - 7.5%
 
 
 
Cassa Depositi e Prestiti SpA 1% 2/11/2030 (b)
EUR
100,000
105,806
Italian Republic 0.45% 2/15/2029 (b)
EUR
190,000
204,898
Italian Republic 0.5% 7/15/2028 (b)
EUR
1,040,000
1,140,738
Italian Republic 0.9% 4/1/2031 (b)
EUR
82,000
84,806
Italian Republic 0.95% 6/1/2032 (b)
EUR
1,241,000
1,244,551
Italian Republic 0.95% 8/1/2030 (b)
EUR
142,000
149,943
Italian Republic 0.95% 9/15/2027 (b)
EUR
1,948,000
2,195,531
Italian Republic 1.35% 4/1/2030 (b)
EUR
1,900,000
2,057,760
Italian Republic 1.45% 3/1/2036 (b)(e)
EUR
1,347,000
1,257,859
Italian Republic 1.5% 4/30/2045 (b)(e)
EUR
4,960,000
3,629,618
Italian Republic 1.65% 3/1/2032 (b)(e)
EUR
575,000
605,742
Italian Republic 1.8% 3/1/2041 (b)(e)
EUR
2,541,000
2,169,752
Italian Republic 2.05% 8/1/2027 (b)
EUR
213,000
244,054
Italian Republic 2.15% 3/1/2072 (b)(e)
EUR
2,820,000
1,905,374
Italian Republic 2.15% 9/1/2052 (b)(e)
EUR
172,000
128,051
Italian Republic 2.25% 9/1/2036 (b)(e)
EUR
639,000
640,208
Italian Republic 2.4% 3/15/2029 (b)
EUR
1,430,000
1,625,428
Italian Republic 2.45% 9/1/2033 (b)(e)
EUR
897,000
966,523
Italian Republic 2.5% 12/1/2032 (b)
EUR
260,000
284,398
Italian Republic 2.65% 12/1/2027 (b)
EUR
640,000
738,427
Italian Republic 2.65% 6/15/2028 (b)
EUR
6,030,000
6,941,305
Italian Republic 2.7% 10/1/2030 (b)(e)
EUR
1,300,000
1,470,577
Italian Republic 2.7% 3/1/2047 (b)(e)
EUR
116,000
104,042
Italian Republic 2.8% 12/1/2028 (b)
EUR
640,000
739,078
Italian Republic 2.8% 6/15/2029 (b)
EUR
1,740,000
2,001,869
Italian Republic 2.85% 2/1/2031 (b)
EUR
1,270,000
1,441,154
Italian Republic 2.95% 7/1/2030 (b)
EUR
4,590,000
5,258,102
Italian Republic 2.95% 9/1/2038 (b)(e)
EUR
433,000
450,234
Italian Republic 3% 8/1/2029 (b)
EUR
1,708,000
1,977,114
Italian Republic 3.1% 3/1/2040 (b)(e)
EUR
1,208,000
1,244,374
Italian Republic 3.15% 11/15/2031 (b)(e)
EUR
1,190,000
1,365,393
Italian Republic 3.15% 3/15/2033 (b)(e)
EUR
700,000
789,415
Italian Republic 3.25% 11/15/2032 (b)(e)
EUR
980,000
1,115,613
Italian Republic 3.25% 7/15/2032 (b)(e)
EUR
5,450,000
6,247,980
Italian Republic 3.35% 3/1/2035 (b)(e)
EUR
1,808,000
2,039,622
Italian Republic 3.45% 2/1/2036 (b)
EUR
2,010,000
2,243,896
Italian Republic 3.45% 3/1/2048 (b)(e)
EUR
1,000
1,006
Italian Republic 3.45% 7/15/2027 (b)
EUR
5,780,000
6,737,631
Italian Republic 3.45% 7/15/2031 (b)
EUR
1,860,000
2,170,391
Italian Republic 3.5% 2/15/2031 (b)(e)
EUR
330,000
386,404
Italian Republic 3.6% 10/1/2035 (b)
EUR
1,730,000
1,961,628
Italian Republic 3.65% 8/1/2035 (b)(e)
EUR
6,070,000
6,950,593
Italian Republic 3.7% 6/15/2030 (b)
EUR
1,220,000
1,442,570
Italian Republic 3.85% 12/15/2029 (b)
EUR
1,770,000
2,103,752
Italian Republic 3.85% 2/1/2035 (b)
EUR
970,000
1,133,530
Italian Republic 3.85% 7/1/2034 (b)
EUR
1,280,000
1,501,591
Italian Republic 3.85% 9/1/2049 (b)(e)
EUR
679,000
722,703
Italian Republic 4% 11/15/2030 (b)
EUR
2,510,000
3,004,204
Italian Republic 4.1% 2/1/2029 (b)
EUR
130,000
154,820
Italian Republic 4.1% 4/30/2046 (b)(e)
EUR
860,000
956,357
Italian Republic 4.15% 10/1/2039 (b)(e)
EUR
50,000
58,231
Italian Republic 4.2% 3/1/2034 (b)
EUR
590,000
710,075
Italian Republic 4.3% 10/1/2054 (b)(e)
EUR
270,000
302,280
Italian Republic 4.4% 5/1/2033 (b)
EUR
760,000
928,763
Italian Republic 4.45% 9/1/2043 (b)(e)
EUR
2,760,000
3,259,429
Italian Republic 4.5% 10/1/2053 (b)(e)
EUR
390,000
451,710
Italian Republic 4.65% 10/1/2055 (b)(e)
EUR
490,000
574,954
Italian Republic 5% 8/1/2034 (b)(e)
EUR
20,000
25,377
Italian Republic 5% 8/1/2039 (b)(e)
EUR
20,000
25,395
Italian Republic 6.5% 11/1/2027 (b)
EUR
50,000
61,121
TOTAL ITALY
 
 
92,433,750
JAPAN - 12.1%
 
 
 
Japan Government 0.005% 6/20/2027
JPY
230,000,000
1,428,927
Japan Government 0.1% 12/20/2027
JPY
439,850,000
2,715,056
Japan Government 0.1% 12/20/2028
JPY
135,350,000
822,100
Japan Government 0.1% 12/20/2029
JPY
277,200,000
1,650,591
Japan Government 0.1% 12/20/2030
JPY
83,550,000
486,803
Japan Government 0.1% 12/20/2031
JPY
453,900,000
2,585,170
Japan Government 0.1% 3/20/2027
JPY
4,100,000
25,586
Japan Government 0.1% 3/20/2028
JPY
53,650,000
329,844
Japan Government 0.1% 3/20/2029
JPY
299,800,000
1,812,674
Japan Government 0.1% 3/20/2030
JPY
15,400,000
91,217
Japan Government 0.1% 3/20/2031
JPY
407,600,000
2,362,248
Japan Government 0.1% 6/20/2028
JPY
780,800,000
4,781,607
Japan Government 0.1% 6/20/2028
JPY
302,750,000
1,853,968
Japan Government 0.1% 6/20/2030
JPY
393,950,000
2,320,563
Japan Government 0.1% 9/20/2027
JPY
510,700,000
3,164,983
Japan Government 0.1% 9/20/2027
JPY
177,000,000
1,096,957
Japan Government 0.1% 9/20/2028
JPY
1,221,050,000
7,447,453
Japan Government 0.1% 9/20/2030
JPY
362,600,000
2,124,111
Japan Government 0.2% 12/20/2027
JPY
169,000,000
1,044,931
Japan Government 0.2% 12/20/2028
JPY
46,550,000
283,491
Japan Government 0.2% 3/20/2032
JPY
68,000,000
387,292
Japan Government 0.2% 6/20/2032
JPY
227,950,000
1,290,492
Japan Government 0.2% 9/20/2032
JPY
1,110,350,000
6,250,069
Japan Government 0.3% 12/20/2039
JPY
900,000
4,065
Japan Government 0.3% 6/20/2039
JPY
144,250,000
663,584
Japan Government 0.3% 6/20/2046
JPY
17,900,000
63,286
Japan Government 0.3% 9/20/2039
JPY
56,150,000
255,927
Japan Government 0.4% 3/20/2029
JPY
182,000,000
1,110,302
Japan Government 0.4% 3/20/2036
JPY
192,500,000
1,003,134
Japan Government 0.4% 3/20/2040
JPY
51,800,000
235,581
Japan Government 0.4% 3/20/2050
JPY
17,400,000
54,743
Japan Government 0.4% 3/20/2056
JPY
333,750,000
873,993
Japan Government 0.4% 6/20/2040
JPY
10,450,000
47,121
Japan Government 0.4% 9/20/2040
JPY
73,150,000
327,021
Japan Government 0.4% 9/20/2049
JPY
5,450,000
17,483
Japan Government 0.5% 12/20/2038
JPY
15,550,000
74,920
Japan Government 0.5% 3/20/2033
JPY
52,850,000
300,372
Japan Government 0.5% 3/20/2049
JPY
10,450,000
35,217
Japan Government 0.5% 9/20/2036
JPY
93,750,000
486,162
Japan Government 0.6% 12/20/2033
JPY
301,400,000
1,696,230
Japan Government 0.6% 12/20/2037
JPY
6,700,000
33,787
Japan Government 0.6% 6/20/2037
JPY
136,750,000
700,494
Japan Government 0.6% 6/20/2050
JPY
27,350,000
90,736
Japan Government 0.7% 12/20/2048
JPY
10,800,000
38,846
Japan Government 0.7% 2/1/2027
JPY
276,600,000
1,737,542
Japan Government 0.7% 3/20/2037
JPY
22,050,000
115,178
Japan Government 0.7% 6/20/2048
JPY
13,100,000
47,874
Japan Government 0.7% 9/20/2038
JPY
863,100,000
4,306,877
Japan Government 0.8% 3/20/2034
JPY
190,550,000
1,083,565
Japan Government 0.8% 3/20/2042
JPY
149,000,000
678,663
Japan Government 0.8% 9/20/2033
JPY
83,150,000
478,001
Japan Government 0.8% 9/20/2047
JPY
10,200,000
39,189
Japan Government 0.9% 3/20/2057
JPY
146,150,000
455,473
Japan Government 0.9% 6/20/2042
JPY
345,000,000
1,586,922
Japan Government 0.9% 9/20/2034
JPY
598,400,000
3,396,177
Japan Government 0.9% 9/20/2048
JPY
249,150,000
951,595
Japan Government 1% 10/1/2027
JPY
172,950,000
1,085,609
Japan Government 1% 12/20/2035
JPY
647,550,000
3,611,344
Japan Government 1% 3/20/2052
JPY
170,000,000
601,513
Japan Government 1.1% 3/20/2043
JPY
45,600,000
212,644
Japan Government 1.1% 6/20/2030
JPY
725,150,000
4,456,656
Japan Government 1.1% 6/20/2034
JPY
27,100,000
157,143
Japan Government 1.1% 6/20/2043
JPY
110,150,000
509,955
Japan Government 1.1% 9/20/2042
JPY
219,650,000
1,036,688
Japan Government 1.2% 12/20/2034
JPY
163,750,000
948,628
Japan Government 1.2% 3/20/2035
JPY
19,650,000
113,295
Japan Government 1.2% 6/20/2053
JPY
19,800,000
72,614
Japan Government 1.3% 12/20/2043
JPY
398,750,000
1,890,166
Japan Government 1.3% 3/20/2063
JPY
47,600,000
156,300
Japan Government 1.3% 6/20/2052
JPY
232,000,000
890,194
Japan Government 1.3% 9/20/2030
JPY
220,300,000
1,361,672
Japan Government 1.4% 12/20/2042
JPY
193,650,000
956,128
Japan Government 1.4% 12/20/2045
JPY
232,050,000
1,070,434
Japan Government 1.4% 3/20/2035
JPY
138,300,000
811,307
Japan Government 1.4% 3/20/2053
JPY
110,700,000
431,768
Japan Government 1.4% 3/20/2055
JPY
5,500,000
20,940
Japan Government 1.4% 9/20/2052
JPY
52,050,000
204,505
Japan Government 1.5% 6/20/2035
JPY
1,986,450,000
11,713,990
Japan Government 1.5% 9/20/2043
JPY
51,950,000
256,804
Japan Government 1.6% 12/20/2030
JPY
184,800,000
1,155,175
Japan Government 1.6% 12/20/2052
JPY
170,150,000
702,617
Japan Government 1.6% 12/20/2053
JPY
171,100,000
697,801
Japan Government 1.6% 3/20/2033
JPY
4,300,000
26,377
Japan Government 1.6% 3/20/2044
JPY
163,650,000
813,320
Japan Government 1.6% 6/20/2030
JPY
4,600,000
28,856
Japan Government 1.7% 9/20/2035
JPY
786,650,000
4,703,387
Japan Government 1.8% 9/20/2044
JPY
438,650,000
2,234,661
Japan Government 1.8% 9/20/2053
JPY
32,000,000
137,786
Japan Government 1.9% 3/20/2053
JPY
42,450,000
188,383
Japan Government 1.9% 6/20/2044
JPY
66,600,000
346,440
Japan Government 2% 12/20/2044
JPY
184,950,000
970,506
Japan Government 2% 3/20/2042
JPY
110,000,000
606,007
Japan Government 2.1% 12/20/2035
JPY
862,000,000
5,321,830
Japan Government 2.1% 9/20/2054
JPY
106,900,000
489,239
Japan Government 2.2% 3/20/2064
JPY
454,450,000
1,978,021
Japan Government 2.2% 6/20/2054
JPY
19,550,000
92,110
Japan Government 2.3% 12/20/2054
JPY
64,800,000
311,182
Japan Government 2.3% 5/20/2032
JPY
1,000,000
6,435
Japan Government 2.4% 3/20/2045
JPY
107,500,000
599,884
Japan Government 2.4% 3/20/2055
JPY
62,950,000
309,030
Japan Government 2.5% 6/20/2045
JPY
1,681,250,000
9,503,317
Japan Government 2.7% 9/20/2045
JPY
627,050,000
3,648,154
Japan Government 3.1% 3/20/2065
JPY
1,341,550,000
7,357,201
Japan Government 3.2% 12/20/2045
JPY
386,350,000
2,417,024
Japan Government 3.2% 9/20/2055
JPY
24,000,000
139,577
Japan Government 3.4% 12/20/2055
JPY
182,000,000
1,101,442
TOTAL JAPAN
 
 
147,802,252
LATVIA - 0.1%
 
 
 
Latvia Government International Bond 1.125% 5/30/2028 (b)
EUR
330,000
365,468
Latvia Government International Bond 1.375% 5/16/2036 (b)
EUR
470,000
432,049
TOTAL LATVIA
 
 
797,517
LITHUANIA - 0.1%
 
 
 
Lithuania Government 0.5% 6/19/2029 (b)
EUR
982,000
1,045,592
Lithuania Government 2.1% 5/26/2047 (b)
EUR
230,000
179,462
Lithuania Government 2.125% 10/22/2035 (b)
EUR
57,000
57,059
Lithuania Government 2.875% 1/28/2030 (b)
EUR
130,000
148,618
Lithuania Government 3.875% 6/14/2033 (b)
EUR
90,000
105,653
TOTAL LITHUANIA
 
 
1,536,384
LUXEMBOURG - 0.1%
 
 
 
State of the Grand-Duchy of Luxembourg 0% 3/24/2031 (b)
EUR
230,000
230,491
State of the Grand-Duchy of Luxembourg 0% 9/14/2032 (b)
EUR
210,000
200,837
State of the Grand-Duchy of Luxembourg 1.375% 5/25/2029 (b)
EUR
1,040,000
1,149,471
TOTAL LUXEMBOURG
 
 
1,580,799
MEXICO - 0.0%
 
 
 
United Mexican States 1.125% 1/17/2030
EUR
100,000
103,482
United Mexican States 2.125% 10/25/2051
EUR
100,000
59,757
United Mexican States 2.25% 8/12/2036
EUR
130,000
116,677
United Mexican States 2.875% 4/8/2039
EUR
185,000
165,039
TOTAL MEXICO
 
 
444,955
MULTI-NATIONAL - 2.6%
 
 
 
European Financial Stability Facility 0% 10/13/2027 (b)
EUR
85,000
94,282
European Financial Stability Facility 0.05% 1/18/2052 (b)
EUR
225,000
103,791
European Financial Stability Facility 0.05% 10/17/2029 (b)
EUR
23,000
24,116
European Financial Stability Facility 0.7% 1/20/2050 (b)
EUR
176,000
107,287
European Financial Stability Facility 0.75% 5/3/2027 (b)
EUR
43,000
48,715
European Financial Stability Facility 0.875% 4/10/2035 (b)
EUR
610,000
573,050
European Financial Stability Facility 1.25% 5/24/2033 (b)
EUR
1,849,000
1,883,796
European Financial Stability Facility 1.45% 9/5/2040 (b)
EUR
1,125,000
989,321
European Financial Stability Facility 2.875% 2/13/2034 (b)
EUR
1,400,000
1,584,281
European Financial Stability Facility 3.375% 8/30/2038 (b)
EUR
50,000
57,398
European Stability Mechanism 0.01% 3/4/2030 (b)
EUR
35,000
36,323
European Stability Mechanism 0.5% 3/5/2029 (b)
EUR
2,229,000
2,418,187
European Stability Mechanism 0.75% 3/15/2027 (b)
EUR
184,000
209,123
European Stability Mechanism 0.75% 9/5/2028 (b)
EUR
48,000
52,921
European Stability Mechanism 0.875% 7/18/2042 (b)
EUR
266,000
207,823
European Stability Mechanism 1.125% 5/3/2032 (b)
EUR
47,000
49,033
European Stability Mechanism 1.2% 5/23/2033 (b)
EUR
37,000
37,898
European Stability Mechanism 1.625% 11/17/2036 (b)
EUR
218,000
213,970
European Stability Mechanism 1.85% 12/1/2055 (b)
EUR
186,000
146,842
European Stability Mechanism 2.125% 11/17/2028 (b)
EUR
2,440,000
2,776,727
European Union 0% 10/4/2030 (b)
EUR
2,889,000
2,940,558
European Union 0% 7/4/2035 (b)
EUR
3,297,000
2,823,135
European Union 0.1% 10/4/2040 (b)
EUR
946,000
668,516
European Union 0.25% 4/22/2036 (b)
EUR
380,000
324,484
European Union 0.3% 11/4/2050 (b)
EUR
982,000
509,694
European Union 0.45% 5/2/2046 (b)
EUR
170,000
105,303
European Union 0.45% 7/4/2041 (b)
EUR
162,000
115,828
European Union 0.7% 7/6/2051 (b)
EUR
1,070,000
600,466
European Union 0.875% 3/11/2037 (b)
EUR
100,000
88,177
European Union 1.125% 4/4/2036 (b)
EUR
94,000
88,402
European Union 1.25% 2/4/2043 (b)
EUR
172,000
135,307
European Union 1.25% 4/4/2033 (b)
EUR
1,418,000
1,445,237
European Union 1.875% 5/25/2037 (b)
EUR
5,000,000
4,909,205
European Union 2% 10/4/2027 (b)
EUR
860,000
984,049
European Union 2.5% 10/4/2052 (b)
EUR
380,000
330,351
European Union 3% 3/4/2053 (b)
EUR
1,120,000
1,075,650
European Union 3.375% 10/5/2054 (b)
EUR
660,000
674,770
European Union 3.75% 10/12/2045 (b)
EUR
550,000
619,778
European Union 4% 10/12/2055 (b)
EUR
1,870,000
2,128,415
TOTAL MULTI-NATIONAL
 
 
32,182,209
NETHERLANDS - 1.6%
 
 
 
Dutch Government 0% 1/15/2052 (b)(e)
EUR
185,000
89,602
Dutch Government 0% 7/15/2030 (b)(e)
EUR
3,028,000
3,124,068
Dutch Government 0.25% 7/15/2029 (b)(e)
EUR
1,336,000
1,427,453
Dutch Government 0.5% 1/15/2040 (b)(e)
EUR
1,722,000
1,376,419
Dutch Government 0.5% 7/15/2032 (b)(e)
EUR
501,000
501,867
Dutch Government 0.75% 7/15/2027 (b)(e)
EUR
1,666,000
1,881,912
Dutch Government 0.75% 7/15/2028 (b)(e)
EUR
2,860,000
3,171,272
Dutch Government 2% 1/15/2054 (b)(e)
EUR
580,000
497,183
Dutch Government 2.5% 1/15/2033 (b)(e)
EUR
80,000
90,384
Dutch Government 2.5% 7/15/2033 (b)(e)
EUR
740,000
832,542
Dutch Government 2.5% 7/15/2034 (b)(e)
EUR
190,000
212,054
Dutch Government 2.5% 7/15/2035 (b)(e)
EUR
1,720,000
1,903,158
Dutch Government 2.75% 1/15/2047 (b)(e)
EUR
1,390,000
1,443,284
Dutch Government 2.75% 7/15/2036 (b)(e)
EUR
440,000
490,301
Dutch Government 3.25% 1/15/2044 (b)(e)
EUR
710,000
803,978
Dutch Government 3.5% 1/15/2056 (b)(e)
EUR
610,000
709,046
Dutch Government 3.75% 1/15/2042 (b)(e)
EUR
530,000
641,458
Dutch Government 4% 1/15/2037 (b)(e)
EUR
30,000
37,358
TOTAL NETHERLANDS
 
 
19,233,339
NEW ZEALAND - 0.5%
 
 
 
New Zealand Government 0.25% 5/15/2028
NZD
5,230,000
2,805,063
New Zealand Government 1.5% 5/15/2031
NZD
2,032,000
1,021,886
New Zealand Government 1.75% 5/15/2041
NZD
1,452,000
542,615
New Zealand Government 2% 5/15/2032
NZD
380,000
190,827
New Zealand Government 2.75% 4/15/2037 (b)
NZD
410,000
194,175
New Zealand Government 4.5% 5/15/2030
NZD
390,000
228,044
New Zealand Government 4.5% 5/15/2035
NZD
1,870,000
1,064,095
New Zealand Government 5% 5/15/2054
NZD
290,000
158,792
New Zealand Local Government Funding Agency Bond 5.1% 11/28/2030
AUD
50,000
34,243
TOTAL NEW ZEALAND
 
 
6,239,740
NORWAY - 0.2%
 
 
 
Kingdom of Norway 1.375% 8/19/2030 (b)(e)
NOK
5,110,000
465,733
Kingdom of Norway 2.125% 5/18/2032 (b)(e)
NOK
6,630,000
604,981
Kingdom of Norway 3% 8/15/2033 (b)(e)
NOK
6,860,000
650,598
Kingdom of Norway 3.5% 10/6/2042 (b)(e)
NOK
2,430,000
226,472
Kingdom of Norway 3.75% 6/12/2035 (b)(e)
NOK
5,300,000
523,924
TOTAL NORWAY
 
 
2,471,708
POLAND - 0.1%
 
 
 
Bank Gospodarstwa Krajowego 4% 3/13/2032 (b)
EUR
330,000
389,341
Republic of Poland 1% 3/7/2029 (b)
EUR
309,000
337,871
Republic of Poland 2% 3/8/2049 (b)
EUR
17,000
12,902
Republic of Poland 3.875% 2/14/2033 (b)
EUR
220,000
258,928
Republic of Poland 4.125% 1/11/2044 (b)
EUR
100,000
111,282
TOTAL POLAND
 
 
1,110,324
PORTUGAL - 0.6%
 
 
 
Portugal Obrigacoes do Tesouro 0.475% 10/18/2030 (b)(e)
EUR
1,028,000
1,072,114
Portugal Obrigacoes do Tesouro 0.7% 10/15/2027 (b)(e)
EUR
350,000
392,864
Portugal Obrigacoes do Tesouro 0.9% 10/12/2035 (b)(e)
EUR
734,000
680,941
Portugal Obrigacoes do Tesouro 1% 4/12/2052 (b)(e)
EUR
220,000
133,526
Portugal Obrigacoes do Tesouro 1.65% 7/16/2032 (b)(e)
EUR
253,000
270,359
Portugal Obrigacoes do Tesouro 1.95% 6/15/2029 (b)(e)
EUR
458,000
518,042
Portugal Obrigacoes do Tesouro 2.25% 4/18/2034 (b)(e)
EUR
260,000
280,105
Portugal Obrigacoes do Tesouro 2.875% 10/20/2034 (b)(e)
EUR
390,000
437,326
Portugal Obrigacoes do Tesouro 3% 6/15/2035 (b)(e)
EUR
890,000
1,000,473
Portugal Obrigacoes do Tesouro 3.25% 6/13/2036 (b)(e)
EUR
610,000
696,677
Portugal Obrigacoes do Tesouro 3.625% 6/12/2054 (b)(e)
EUR
270,000
291,476
Portugal Obrigacoes do Tesouro 3.875% 2/15/2030 (b)(e)
EUR
760,000
915,039
Portugal Obrigacoes do Tesouro 4.1% 2/15/2045 (b)(e)
EUR
730,000
871,317
Republic of Portugal 2.125% 10/17/2028 (b)(e)
EUR
250,000
285,344
TOTAL PORTUGAL
 
 
7,845,603
ROMANIA - 0.1%
 
 
 
Romanian Republic 1.375% 12/2/2029 (b)
EUR
567,000
584,666
Romanian Republic 2.125% 3/7/2028 (b)
EUR
470,000
525,866
Romanian Republic 2.875% 4/13/2042 (b)
EUR
60,000
43,310
Romanian Republic 2.875% 5/26/2028 (b)
EUR
32,000
36,141
Romanian Republic 3.375% 1/28/2050 (b)
EUR
54,000
37,886
TOTAL ROMANIA
 
 
1,227,869
RUSSIA - 0.0%
 
 
 
Ministry of Finance of the Russian Federation 7.6% (g)(h)
RUB
4,237,000
0
SAUDI ARABIA - 0.0%
 
 
 
Kingdom of Saudi Arabia 2% 7/9/2039 (b)
EUR
163,000
141,436
SINGAPORE - 0.5%
 
 
 
Republic of Singapore 1.625% 7/1/2031
SGD
520,000
396,374
Republic of Singapore 1.875% 10/1/2051
SGD
330,000
232,519
Republic of Singapore 2.25% 8/1/2036
SGD
768,000
594,816
Republic of Singapore 2.375% 7/1/2039
SGD
325,000
253,350
Republic of Singapore 2.625% 5/1/2028
SGD
1,016,000
806,767
Republic of Singapore 2.625% 8/1/2032
SGD
1,740,000
1,394,763
Republic of Singapore 2.75% 3/1/2035
SGD
140,000
113,224
Republic of Singapore 2.75% 3/1/2046
SGD
470,000
387,070
Republic of Singapore 2.75% 4/1/2042
SGD
260,000
212,913
Republic of Singapore 2.875% 9/1/2027
SGD
690,000
546,471
Republic of Singapore 2.875% 9/1/2030
SGD
650,000
526,016
Republic of Singapore 3% 8/1/2072 (b)
SGD
770,000
676,755
Republic of Singapore Treasury Bills 3% 4/1/2029
SGD
700,000
563,618
TOTAL SINGAPORE
 
 
6,704,656
SLOVAKIA - 0.3%
 
 
 
Slovak Republic 0.125% 6/17/2027 (b)
EUR
288,000
322,529
Slovak Republic 0.375% 4/21/2036 (b)
EUR
400,000
332,025
Slovak Republic 0.75% 4/9/2030 (b)
EUR
600,000
634,756
Slovak Republic 1% 10/13/2051 (b)
EUR
160,000
90,844
Slovak Republic 1% 10/9/2030 (b)
EUR
110,000
115,861
Slovak Republic 1% 5/14/2032 (b)
EUR
120,000
121,866
Slovak Republic 1.625% 1/21/2031 (b)
EUR
348,000
376,525
Slovak Republic 1.875% 3/9/2037 (b)
EUR
515,000
489,916
Slovak Republic 2.25% 6/12/2068 (b)
EUR
240,000
168,448
Slovak Republic 3.75% 3/6/2034 (b)
EUR
180,000
210,818
Slovak Republic 4% 2/23/2043 (b)
EUR
240,000
268,949
TOTAL SLOVAKIA
 
 
3,132,537
SLOVENIA - 0.1%
 
 
 
Republic of Slovenia 0.125% 7/1/2031 (b)
EUR
288,000
288,162
Republic of Slovenia 0.6875% 3/3/2081 (b)
EUR
550,000
174,803
Republic of Slovenia 1.1875% 3/14/2029 (b)
EUR
560,000
618,673
Republic of Slovenia 1.75% 11/3/2040 (b)
EUR
89,000
78,856
Republic of Slovenia 2.25% 3/3/2032 (b)
EUR
230,000
254,236
Republic of Slovenia 3.625% 3/11/2033 (b)
EUR
110,000
130,468
TOTAL SLOVENIA
 
 
1,545,198
SPAIN - 5.1%
 
 
 
Autonomous Community of Madrid Spain 0.827% 7/30/2027 (b)
EUR
50,000
56,392
Autonomous Community of Madrid Spain 1.571% 4/30/2029 (b)
EUR
606,000
673,696
Basque Government 1.45% 4/30/2028 (b)
EUR
370,000
416,219
Junta de Andalucia 0.5% 4/30/2031 (b)
EUR
180,000
182,866
Junta de Andalucia 3.25% 10/31/2033 (b)
EUR
160,000
183,200
Spanish Kingdom 0% 1/31/2028
EUR
1,320,000
1,454,946
Spanish Kingdom 0.1% 4/30/2031 (b)(e)
EUR
1,410,000
1,416,183
Spanish Kingdom 0.5% 10/31/2031 (b)(e)
EUR
976,000
988,537
Spanish Kingdom 0.5% 4/30/2030 (b)(e)
EUR
143,000
150,487
Spanish Kingdom 0.6% 10/31/2029 (b)(e)
EUR
574,000
615,515
Spanish Kingdom 0.7% 4/30/2032 (b)(e)
EUR
140,000
141,431
Spanish Kingdom 0.8% 7/30/2027 (b)(e)
EUR
1,203,000
1,357,542
Spanish Kingdom 0.85% 7/30/2037 (b)(e)
EUR
1,098,000
948,635
Spanish Kingdom 1% 10/31/2050 (b)(e)
EUR
1,856,000
1,140,661
Spanish Kingdom 1% 7/30/2042 (b)(e)
EUR
111,000
84,220
Spanish Kingdom 1.2% 10/31/2040 (b)(e)
EUR
2,179,000
1,790,948
Spanish Kingdom 1.25% 10/31/2030 (b)(e)
EUR
3,826,000
4,124,505
Spanish Kingdom 1.4% 4/30/2028 (b)(e)
EUR
100,000
112,674
Spanish Kingdom 1.45% 10/31/2027 (b)(e)
EUR
100,000
113,454
Spanish Kingdom 1.45% 10/31/2071 (b)(e)
EUR
2,110,000
1,135,897
Spanish Kingdom 1.45% 4/30/2029 (b)(e)
EUR
2,176,000
2,421,778
Spanish Kingdom 1.85% 7/30/2035 (b)(e)
EUR
480,000
487,632
Spanish Kingdom 1.9% 10/31/2052 (b)(e)
EUR
960,000
721,780
Spanish Kingdom 1.95% 7/30/2030 (b)(e)
EUR
26,000
28,959
Spanish Kingdom 2.35% 7/30/2033 (b)(e)
EUR
292,000
319,310
Spanish Kingdom 2.4% 5/31/2028
EUR
50,000
57,443
Spanish Kingdom 2.5% 5/31/2027
EUR
4,980,000
5,745,835
Spanish Kingdom 2.55% 10/31/2032 (b)(e)
EUR
2,490,000
2,783,981
Spanish Kingdom 2.7% 1/31/2030
EUR
5,210,000
5,994,421
Spanish Kingdom 2.7% 10/31/2048 (b)(e)
EUR
189,000
176,464
Spanish Kingdom 3% 1/31/2033
EUR
1,530,000
1,748,803
Spanish Kingdom 3.1% 7/30/2031
EUR
1,100,000
1,277,080
Spanish Kingdom 3.15% 4/30/2033 (b)(e)
EUR
510,000
589,639
Spanish Kingdom 3.15% 4/30/2035 (b)(e)
EUR
530,000
602,554
Spanish Kingdom 3.2% 10/31/2035 (b)(e)
EUR
4,240,000
4,806,386
Spanish Kingdom 3.25% 4/30/2034 (b)(e)
EUR
1,110,000
1,278,212
Spanish Kingdom 3.3% 4/30/2036 (b)(e)
EUR
1,000,000
1,135,673
Spanish Kingdom 3.45% 10/31/2034 (b)(e)
EUR
1,460,000
1,707,307
Spanish Kingdom 3.45% 7/30/2043 (b)(e)
EUR
6,000,000
6,556,258
Spanish Kingdom 3.5% 1/31/2041 (b)(e)
EUR
210,000
234,233
Spanish Kingdom 3.5% 5/31/2029
EUR
2,220,000
2,623,201
Spanish Kingdom 3.55% 10/31/2033 (b)(e)
EUR
1,630,000
1,921,351
Spanish Kingdom 4% 10/31/2054 (b)(e)
EUR
230,000
261,491
Spanish Kingdom 5.15% 10/31/2028 (b)(e)
EUR
1,660,000
2,033,596
TOTAL SPAIN
 
 
62,601,395
SWEDEN - 0.6%
 
 
 
Sweden Kingdom 0.125% 5/12/2031 (b)
SEK
18,230,000
1,703,518
Sweden Kingdom 0.5% 11/24/2045 (b)
SEK
1,040,000
68,815
Sweden Kingdom 0.75% 11/12/2029 (b)
SEK
26,050,000
2,589,666
Sweden Kingdom 0.75% 5/12/2028 (b)
SEK
16,670,000
1,701,827
Sweden Kingdom 1.375% 6/23/2071 (b)
SEK
580,000
34,500
Sweden Kingdom 1.75% 11/11/2033 (b)
SEK
2,500,000
247,019
Sweden Kingdom 2.25% 6/1/2032 (b)
SEK
5,270,000
545,156
Sweden Kingdom 2.5% 10/15/2036 (b)
SEK
6,850,000
700,478
Sweden Kingdom 3.5% 3/30/2039 (b)
SEK
760,000
84,939
TOTAL SWEDEN
 
 
7,675,918
SWITZERLAND - 0.9%
 
 
 
Swiss Confederation 0% 6/22/2029 (b)
CHF
1,602,000
1,998,549
Swiss Confederation 0% 6/26/2034 (b)
CHF
974,000
1,188,659
Swiss Confederation 0% 7/24/2039 (b)
CHF
273,000
321,489
Swiss Confederation 0.25% 6/23/2035 (b)
CHF
2,660,000
3,305,779
Swiss Confederation 0.5% 5/24/2055 (b)
CHF
400,000
495,240
Swiss Confederation 0.5% 6/28/2045 (b)
CHF
710,000
878,717
Swiss Confederation 1.25% 6/28/2043 (b)
CHF
260,000
363,651
Swiss Confederation 1.5% 4/30/2042 (b)
CHF
200,000
287,778
Swiss Confederation 2% 6/25/2064 (b)
CHF
240,000
460,265
Swiss Confederation 2.5% 3/8/2036 (b)
CHF
280,000
424,044
Swiss Confederation 3.25% 6/27/2027 (b)
CHF
590,000
767,249
Swiss Confederation 3.5% 4/8/2033 (b)
CHF
365,000
559,821
TOTAL SWITZERLAND
 
 
11,051,241
UNITED KINGDOM - 6.1%
 
 
 
United Kingdom of Great Britain and Northern Ireland 0.375% 10/22/2030 (b)
GBP
447,000
496,124
United Kingdom of Great Britain and Northern Ireland 0.625% 10/22/2050 (b)
GBP
85,000
39,563
United Kingdom of Great Britain and Northern Ireland 0.625% 7/31/2035 (b)
GBP
1,562,000
1,419,511
United Kingdom of Great Britain and Northern Ireland 0.875% 1/31/2046 (b)
GBP
505,000
299,965
United Kingdom of Great Britain and Northern Ireland 1.125% 10/22/2073 (b)
GBP
14,280,000
5,571,152
United Kingdom of Great Britain and Northern Ireland 1.25% 10/22/2041 (b)
GBP
4,399,076
3,362,300
United Kingdom of Great Britain and Northern Ireland 1.25% 7/22/2027 (b)
GBP
42,000
53,417
United Kingdom of Great Britain and Northern Ireland 1.25% 7/31/2051 (b)
GBP
1,370,000
766,959
United Kingdom of Great Britain and Northern Ireland 1.5% 7/22/2047 (b)
GBP
195,000
129,619
United Kingdom of Great Britain and Northern Ireland 1.625% 10/22/2054 (b)
GBP
359,000
211,334
United Kingdom of Great Britain and Northern Ireland 1.75% 1/22/2049 (b)
GBP
742,000
507,510
United Kingdom of Great Britain and Northern Ireland 1.75% 7/22/2057 (b)
GBP
1,184,000
696,524
United Kingdom of Great Britain and Northern Ireland 1.75% 9/7/2037 (b)
GBP
7,000
6,655
United Kingdom of Great Britain and Northern Ireland 3.25% 1/22/2044 (b)
GBP
400,000
398,754
United Kingdom of Great Britain and Northern Ireland 3.25% 1/31/2033 (b)
GBP
1,480,000
1,800,755
United Kingdom of Great Britain and Northern Ireland 3.5% 1/22/2045 (b)
GBP
8,850,000
9,076,189
United Kingdom of Great Britain and Northern Ireland 3.75% 10/22/2053 (b)
GBP
1,670,000
1,655,398
United Kingdom of Great Britain and Northern Ireland 4% 10/22/2063 (b)
GBP
430,000
433,697
United Kingdom of Great Britain and Northern Ireland 4.125% 3/7/2031 (b)
GBP
2,720,000
3,545,607
United Kingdom of Great Britain and Northern Ireland 4.125% 7/22/2029 (b)
GBP
2,100,000
2,757,777
United Kingdom of Great Britain and Northern Ireland 4.25% 12/7/2040 (b)
GBP
19,000
22,606
United Kingdom of Great Britain and Northern Ireland 4.25% 12/7/2046 (b)
GBP
170,000
190,838
United Kingdom of Great Britain and Northern Ireland 4.25% 12/7/2055 (b)
GBP
30,000
32,435
United Kingdom of Great Britain and Northern Ireland 4.25% 6/7/2032 (b)
GBP
160,000
208,734
United Kingdom of Great Britain and Northern Ireland 4.25% 7/31/2034 (b)
GBP
3,250,000
4,139,440
United Kingdom of Great Britain and Northern Ireland 4.25% 9/7/2039 (b)
GBP
13,000
15,687
United Kingdom of Great Britain and Northern Ireland 4.375% 1/31/2040 (b)
GBP
190,000
230,718
United Kingdom of Great Britain and Northern Ireland 4.375% 3/7/2030 (b)
GBP
8,390,000
11,088,624
United Kingdom of Great Britain and Northern Ireland 4.375% 7/31/2054 (b)
GBP
390,000
429,614
United Kingdom of Great Britain and Northern Ireland 4.5% 12/7/2042 (b)
GBP
550,000
660,222
United Kingdom of Great Britain and Northern Ireland 4.5% 3/7/2035 (b)
GBP
13,690,000
17,649,393
United Kingdom of Great Britain and Northern Ireland 4.5% 6/7/2028 (b)
GBP
3,180,000
4,219,422
United Kingdom of Great Britain and Northern Ireland 4.625% 1/31/2034 (b)
GBP
560,000
735,604
United Kingdom of Great Britain and Northern Ireland 4.75% 10/22/2035 (b)
GBP
1,220,000
1,594,072
United Kingdom of Great Britain and Northern Ireland 5.375% 1/31/2056 (b)
GBP
240,000
310,912
TOTAL UNITED KINGDOM
 
 
74,757,131
 
TOTAL FOREIGN GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS
 (Cost $946,115,211)
 
 
 
876,461,493
 
 
 
 
Non-Convertible Corporate Bonds - 28.0%
 
 
Principal
Amount (a)
 
Value ($)
 
AUSTRALIA - 0.8%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
NBN Co Ltd 4.125% 3/15/2029 (b)
EUR
530,000
628,251
Telstra Group Ltd 1.375% 3/26/2029 (b)
EUR
370,000
405,912
Telstra Group Ltd 4.9% 3/8/2028
AUD
220,000
151,025
TOTAL COMMUNICATION SERVICES
 
 
1,185,188
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Woolworths Group Ltd 5.91% 11/29/2034 (b)
AUD
150,000
101,869
Financials - 0.4%
 
 
 
Banks - 0.4%
 
 
 
Australia & New Zealand Banking Group Ltd 5.1454% 8/18/2036 (b)(c)
GBP
140,000
180,468
Australia & New Zealand Banking Group Ltd 5.35% 11/4/2027
AUD
300,000
207,538
Australia & New Zealand Banking Group Ltd 5.906% 8/12/2032 (c)
AUD
620,000
428,988
Australia & New Zealand Banking Group Ltd 6.124% 7/25/2039 (c)
AUD
160,000
108,682
Commonwealth Bank of Australia 0.125% 10/15/2029 (b)
EUR
120,000
125,624
Commonwealth Bank of Australia 2.907% 11/11/2030 (b)
EUR
290,000
332,854
Commonwealth Bank of Australia 4.266% 6/4/2034 (c)
EUR
180,000
209,953
Commonwealth Bank of Australia 4.4% 8/18/2027
AUD
260,000
177,665
Commonwealth Bank of Australia 5.252% 9/12/2035 (b)(c)
AUD
180,000
120,305
Commonwealth Bank of Australia 6.86% 11/9/2032 (b)(c)
AUD
540,000
379,141
National Australia Bank Ltd 1.375% 8/30/2028 (b)
EUR
520,000
576,094
National Australia Bank Ltd 2.125% 5/24/2028 (b)
EUR
160,000
181,013
National Australia Bank Ltd 2.347% 8/30/2029 (b)
EUR
130,000
147,245
National Australia Bank Ltd 4.95% 5/10/2027
AUD
530,000
365,107
National Australia Bank Ltd 5.774% 7/30/2040 (b)(c)
AUD
100,000
65,919
National Australia Bank Ltd 6.163% 3/9/2033 (b)(c)
AUD
420,000
291,964
Westpac Banking Corp 5.754% 4/3/2034 (b)(c)
AUD
400,000
275,036
Westpac Banking Corp 5.815% 6/4/2040 (b)(c)
AUD
90,000
59,619
Westpac Banking Corp 7.199% 11/15/2038 (c)
AUD
100,000
72,867
 
 
 
4,306,082
Capital Markets - 0.0%
 
 
 
Macquarie Group Ltd 0.943% 1/19/2029 (b)
EUR
410,000
443,142
Financial Services - 0.0%
 
 
 
Australian Capital Territory 2.5% 10/22/2032 (b)
AUD
440,000
257,055
Australian Capital Territory 5.25% 10/23/2036 (b)
AUD
110,000
72,572
 
 
 
329,627
TOTAL FINANCIALS
 
 
5,078,851
Industrials - 0.1%
 
 
 
Passenger Airlines - 0.0%
 
 
 
Australia Pacific Airports Melbourne Pty Ltd 3.763% 11/25/2031
AUD
220,000
136,095
Transportation Infrastructure - 0.1%
 
 
 
Sydney Airport Finance Co Pty Ltd 1.75% 4/26/2028 (b)
EUR
310,000
346,989
Sydney Airport Finance Co Pty Ltd 5.9% 4/19/2034 (b)
AUD
160,000
108,649
Transurban Finance Co Pty Ltd 3% 4/8/2030 (b)
EUR
190,000
215,245
Transurban Finance Co Pty Ltd 3.713% 3/12/2032 (b)
EUR
100,000
115,562
Transurban Finance Co Pty Ltd 4.225% 4/26/2033 (b)
EUR
100,000
118,040
 
 
 
904,485
TOTAL INDUSTRIALS
 
 
1,040,580
Materials - 0.2%
 
 
 
Containers & Packaging - 0.2%
 
 
 
Amcor UK Finance PLC 1.125% 6/23/2027
EUR
1,384,000
1,560,304
Metals & Mining - 0.0%
 
 
 
BHP Billiton Finance Ltd 3.18% 9/4/2031 (b)
EUR
200,000
226,376
Glencore Capital Finance DAC 0.75% 3/1/2029 (b)
EUR
240,000
257,093
Glencore Finance Canada Ltd 4.045% 10/10/2032
CAD
150,000
106,196
 
 
 
589,665
TOTAL MATERIALS
 
 
2,149,969
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
AusNet Services Holdings Pty Ltd 1.625% 3/11/2081 (b)(c)
EUR
100,000
114,305
AusNet Services Holdings Pty Ltd 6.134% 5/31/2033
AUD
190,000
132,237
 
 
 
246,542
Gas Utilities - 0.0%
 
 
 
APA Infrastructure Ltd 2% 7/15/2030 (b)
EUR
110,000
118,890
TOTAL UTILITIES
 
 
365,432
TOTAL AUSTRALIA
 
 
9,921,889
AUSTRIA - 0.2%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
OMV AG 2.375% 4/9/2032 (b)
EUR
76,000
83,554
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG 0.01% 11/19/2035 (b)
EUR
100,000
83,274
BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG 0.1% 5/12/2031 (b)
EUR
300,000
298,054
BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG 3% 5/17/2027 (b)
EUR
100,000
115,844
Erste Group Bank AG 0.01% 9/11/2029 (b)
EUR
400,000
418,417
Erste Group Bank AG 0.25% 9/14/2029 (b)
EUR
400,000
415,322
Erste Group Bank AG 3% 4/20/2032 (b)
EUR
300,000
344,310
Erste Group Bank AG 4% 1/15/2035 (b)(c)
EUR
100,000
114,598
Raiffeisen Bank International AG 6% 9/15/2028 (b)(c)
EUR
300,000
358,751
Raiffeisenlandesbank Niederoesterreich-Wien AG 2.375% 8/31/2032 (b)
EUR
100,000
109,730
TOTAL FINANCIALS
 
 
2,258,300
Industrials - 0.0%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Autobahnen- und Schnell- strassen-Finanzierungs AG 0.1% 7/16/2035 (b)
EUR
710,000
612,117
TOTAL AUSTRIA
 
 
2,953,971
BELGIUM - 0.3%
 
 
 
Consumer Discretionary - 0.0%
 
 
 
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Communaute Francaise de Belgique 0.25% 1/23/2030
EUR
300,000
310,360
Communaute Francaise de Belgique 1.625% 5/3/2032 (b)
EUR
100,000
104,242
TOTAL CONSUMER DISCRETIONARY
 
 
414,602
Consumer Staples - 0.1%
 
 
 
Beverages - 0.1%
 
 
 
Anheuser-Busch InBev Finance Inc 4.32% 5/15/2047
CAD
110,000
69,972
Anheuser-Busch InBev SA/NV 1.5% 4/18/2030 (b)
EUR
49,000
52,829
Anheuser-Busch InBev SA/NV 2% 3/17/2028 (b)
EUR
23,000
26,065
Anheuser-Busch InBev SA/NV 2.85% 5/25/2037 (b)
GBP
200,000
205,468
Anheuser-Busch InBev SA/NV 3.7% 4/2/2040 (b)
EUR
331,000
360,601
Anheuser-Busch InBev SA/NV 3.95% 3/22/2044 (b)
EUR
130,000
140,117
 
 
 
855,052
Food Products - 0.0%
 
 
 
Barry Callebaut Services NV 4% 6/14/2029 (b)
EUR
100,000
116,334
TOTAL CONSUMER STAPLES
 
 
971,386
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Belfius Bank SA 5.25% 4/19/2033 (b)(c)
EUR
200,000
236,080
Dexia SA 1% 10/18/2027 (b)
EUR
100,000
112,367
KBC Group NV 0.125% 1/14/2029 (b)(c)
EUR
200,000
218,609
KBC Group NV 0.625% 12/7/2031 (b)(c)
EUR
300,000
342,185
KBC Group NV 3.375% 11/24/2033 (b)(c)
EUR
100,000
112,150
KBC Group NV 4.375% 4/19/2030 (b)(c)
EUR
200,000
237,105
KBC Group NV 4.75% 4/17/2035 (b)(c)
EUR
100,000
118,048
TOTAL FINANCIALS
 
 
1,376,544
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
Elia Transmission Belgium SA 0.875% 4/28/2030 (b)
EUR
100,000
104,397
FLUVIUS System Operator CV 0.25% 6/14/2028 (b)
EUR
500,000
542,232
FLUVIUS System Operator CV 3.875% 5/9/2033 (b)
EUR
100,000
116,021
TOTAL UTILITIES
 
 
762,650
TOTAL BELGIUM
 
 
3,525,182
CANADA - 2.5%
 
 
 
Communication Services - 0.2%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Bell Canada 4.45% 2/27/2047 (b)
CAD
29,000
18,608
Bell Canada 4.75% 9/29/2044
CAD
120,000
80,257
Bell Canada 5.15% 8/24/2034
CAD
590,000
440,289
TELUS Corp 2.05% 10/7/2030
CAD
740,000
499,605
TELUS Corp 5.95% 9/8/2053
CAD
170,000
130,238
 
 
 
1,168,997
Wireless Telecommunication Services - 0.1%
 
 
 
Rogers Communications Inc 2.9% 12/9/2030
CAD
968,000
670,057
Rogers Communications Inc 5.9% 9/21/2033
CAD
350,000
274,035
 
 
 
944,092
TOTAL COMMUNICATION SERVICES
 
 
2,113,089
Consumer Staples - 0.0%
 
 
 
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Alimentation Couche-Tard Inc 3.647% 5/12/2031 (b)
EUR
130,000
149,697
Loblaw Cos Ltd 3.564% 12/12/2029
CAD
200,000
143,067
TOTAL CONSUMER STAPLES
 
 
292,764
Energy - 0.3%
 
 
 
Oil, Gas & Consumable Fuels - 0.3%
 
 
 
Enbridge Inc 5.15% 12/17/2055 (c)
CAD
570,000
404,990
Enbridge Pipelines Inc 4.13% 8/9/2046
CAD
406,000
247,088
Inter Pipeline Ltd/AB 4.232% 6/1/2027
CAD
1,253,683
907,347
Inter Pipeline Ltd/AB 4.637% 5/30/2044
CAD
50,000
32,187
Keyera Corp 3.959% 5/29/2030
CAD
761,000
548,400
North West Redwater Partnership / NWR Financing Co Ltd 4.35% 1/10/2039
CAD
591,000
408,020
Pembina Pipeline Corp 4.74% 1/21/2047
CAD
402,000
264,022
Suncor Energy Inc 3.95% 3/4/2051
CAD
50,000
29,204
Transcanada Pipelines Ltd Residual Strip 3% 9/18/2029 (b)
CAD
30,000
21,160
Transcanada Pipelines Ltd Residual Strip 4.18% 7/3/2048 (b)
CAD
33,000
20,036
Transcanada Pipelines Ltd Residual Strip 4.35% 6/6/2046
CAD
456,000
285,493
TOTAL ENERGY
 
 
3,167,947
Financials - 1.6%
 
 
 
Banks - 1.2%
 
 
 
Bank of Montreal 3.19% 3/1/2028
CAD
585,000
419,949
Bank of Montreal 3.75% 7/10/2030 (b)(c)
EUR
190,000
220,884
Bank of Montreal 5.039% 5/29/2028
CAD
320,000
237,078
Bank of Montreal 6.034% 9/7/2033 (c)
CAD
60,000
45,349
Bank of Nova Scotia/The 0.25% 11/1/2028 (b)
EUR
660,000
707,464
Bank of Nova Scotia/The 2.516% 6/18/2029 (b)
EUR
270,000
307,721
Bank of Nova Scotia/The 3.1% 2/2/2028
CAD
85,000
60,933
Bank of Nova Scotia/The 3.934% 5/3/2032 (c)
CAD
860,000
622,087
Bank of Nova Scotia/The 4.442% 11/15/2035 (c)
CAD
260,000
188,448
Bank of Nova Scotia/The 5.679% 8/2/2033 (c)
CAD
160,000
119,942
Canadian Imperial Bank of Commerce 0.01% 4/30/2029 (b)
EUR
3,019,000
3,188,067
Canadian Imperial Bank of Commerce 3.807% 7/9/2029 (b)
EUR
190,000
222,422
Canadian Imperial Bank of Commerce 4.9% 4/2/2027 (c)
CAD
840,000
603,884
Canadian Imperial Bank of Commerce 5.33% 1/20/2033 (c)
CAD
240,000
177,580
Federation des Caisses Desjardins du Quebec 4.123% 8/25/2032
CAD
190,000
136,955
Federation des Caisses Desjardins du Quebec 5.279% 5/15/2034 (c)
CAD
50,000
37,301
Federation des Caisses Desjardins du Quebec 5.467% 11/17/2028
CAD
80,000
60,155
National Bank of Canada 5.426% 8/16/2032 (c)
CAD
240,000
177,276
Royal Bank of Canada 0.01% 1/27/2031 (b)
EUR
120,000
119,227
Royal Bank of Canada 2.125% 4/26/2029 (b)
EUR
110,000
122,801
Royal Bank of Canada 2.14% 11/3/2031 (c)
CAD
2,730,000
1,951,464
Royal Bank of Canada 3.125% 9/27/2031 (b)(c)
EUR
320,000
362,682
Royal Bank of Canada 4.464% 10/17/2035 (c)
CAD
180,000
130,885
Royal Bank of Canada 4.612% 7/26/2027
CAD
530,000
387,603
Royal Bank of Canada 4.632% 5/1/2028
CAD
880,000
647,294
Royal Bank of Canada 5.01% 2/1/2033 (c)
CAD
250,000
184,186
Toronto Dominion Bank 1.952% 4/8/2030 (b)
EUR
220,000
239,419
Toronto Dominion Bank 2.776% 9/3/2027 (b)
EUR
840,000
969,493
Toronto Dominion Bank 2.973% 9/9/2032 (b)
EUR
310,000
353,317
Toronto Dominion Bank 3.06% 1/26/2032 (b)(c)
CAD
340,000
244,064
Toronto Dominion Bank 3.631% 12/13/2029 (b)
EUR
520,000
604,027
Toronto Dominion Bank 4.002% 10/31/2030 (c)
CAD
210,000
151,986
Toronto Dominion Bank 4.423% 10/31/2035 (c)
CAD
100,000
72,330
Toronto Dominion Bank 4.68% 1/8/2029
CAD
350,000
258,892
Toronto Dominion Bank 5.177% 4/9/2034 (b)(c)
CAD
270,000
200,940
 
 
 
14,534,105
Capital Markets - 0.3%
 
 
 
Brookfield Corp 3.8% 3/16/2027
CAD
260,000
187,799
Brookfield Finance II Inc 5.399% 12/11/2055
CAD
60,000
42,897
CPPIB Capital Inc 0.25% 4/6/2027 (b)
EUR
300,000
338,576
CPPIB Capital Inc 1.25% 12/7/2027 (b)
GBP
544,000
681,551
CPPIB Capital Inc 3% 6/15/2028 (b)
CAD
1,310,000
942,003
CPPIB Capital Inc 3.25% 8/27/2035 (b)
EUR
340,000
387,654
CPPIB Capital Inc 4.2% 5/2/2028 (b)
AUD
90,000
61,324
CPPIB Capital Inc 4.4% 1/15/2029 (b)
AUD
1,010,000
686,703
IGM Financial Inc 4.206% 3/21/2050 (b)
CAD
50,000
31,213
Ontario Teachers' Finance Trust 0.95% 11/24/2051 (b)
EUR
110,000
64,993
PSP Capital Inc 1.5% 3/15/2028 (b)
CAD
340,000
237,724
Teranet Holdings LP 5.754% 12/17/2040
CAD
60,000
43,739
 
 
 
3,706,176
Consumer Finance - 0.0%
 
 
 
Toyota Credit Canada Inc 3.65% 8/19/2030
CAD
340,000
242,576
Insurance - 0.1%
 
 
 
Fairfax Financial Holdings Ltd 2.75% 3/29/2028 (b)
EUR
380,000
430,843
Great-West Lifeco Inc 5.998% 11/16/2039
CAD
50,000
39,659
Intact Financial Corp 4.653% 5/16/2034 (c)
CAD
260,000
191,852
Manulife Financial Corp 5.409% 3/10/2033 (c)
CAD
310,000
230,018
Sun Life Financial Inc 2.06% 10/1/2035 (c)
CAD
200,000
133,881
Sun Life Financial Inc 2.58% 5/10/2032 (b)(c)
CAD
460,000
327,940
Sun Life Financial Inc 2.8% 11/21/2033 (c)
CAD
480,000
337,030
 
 
 
1,691,223
TOTAL FINANCIALS
 
 
20,174,080
Industrials - 0.1%
 
 
 
Construction & Engineering - 0.0%
 
 
 
Coastal Gaslink Pipeline LP 5.857% 3/30/2049
CAD
80,000
62,596
Electrical Equipment - 0.0%
 
 
 
Brookfield Renewable Partners ULC 4.29% 11/5/2049
CAD
70,000
42,695
Brookfield Renewable Partners ULC 5.84% 11/5/2036
CAD
80,000
62,273
 
 
 
104,968
Ground Transportation - 0.0%
 
 
 
Canadian National Railway Co 3.6% 8/1/2047
CAD
229,000
135,415
Canadian Pacific Railway Co 6.45% 11/17/2039
CAD
90,000
74,179
 
 
 
209,594
Transportation Infrastructure - 0.1%
 
 
 
407 International Inc 2.84% 3/7/2050
CAD
73,000
36,905
407 International Inc 3.65% 9/8/2044 (b)
CAD
295,000
180,450
Greater Toronto Airports Authority 2.75% 10/17/2039
CAD
516,000
300,131
 
 
 
517,486
TOTAL INDUSTRIALS
 
 
894,644
Real Estate - 0.0%
 
 
 
Office REITs - 0.0%
 
 
 
Allied Properties Real Estate Investment Trust 3.113% 4/8/2027
CAD
110,000
78,695
Retail REITs - 0.0%
 
 
 
Choice Properties Real Estate Investment Trust 2.848% 5/21/2027
CAD
200,000
143,201
Choice Properties Real Estate Investment Trust 4.178% 3/8/2028
CAD
128,000
92,977
Choice Properties Real Estate Investment Trust 5.03% 2/28/2031
CAD
60,000
44,853
RioCan Real Estate Investment Trust 2.361% 3/10/2027
CAD
440,000
313,740
SmartCentres Real Estate Investment Trust 2.307% 12/18/2028
CAD
100,000
69,376
 
 
 
664,147
TOTAL REAL ESTATE
 
 
742,842
Utilities - 0.3%
 
 
 
Electric Utilities - 0.3%
 
 
 
AltaLink LP 3.717% 12/3/2046
CAD
338,000
205,458
Brookfield Infrastructure Finance ULC 5.98% 2/14/2033
CAD
90,000
70,580
Bruce Power LP 4.7% 12/21/2027
CAD
410,000
300,566
Bruce Power LP 4.746% 6/21/2049 (b)
CAD
70,000
46,949
FortisAlberta Inc 2.632% 6/8/2051
CAD
50,000
23,722
Hydro One Inc 1.69% 1/16/2031
CAD
417,000
278,833
Hydro One Inc 3.02% 4/5/2029
CAD
30,000
21,352
Hydro One Inc 4.46% 1/27/2053
CAD
230,000
153,011
Hydro One Inc 5% 10/19/2046
CAD
280,000
203,453
Hydro One Inc 5.36% 5/20/2036
CAD
50,000
38,734
Hydro-Quebec 2.1% 2/15/2060
CAD
70,000
27,939
Hydro-Quebec 4% 2/15/2055
CAD
220,000
138,558
Hydro-Quebec 4% 2/15/2063
CAD
1,050,000
654,336
Hydro-Quebec 5% 2/15/2050
CAD
370,000
273,650
Nova Scotia Power Inc 5.61% 6/15/2040
CAD
70,000
53,010
Nova Scotia Power Inc 5.67% 11/14/2035
CAD
90,000
69,525
Ontario Power Generation Inc 3.215% 4/8/2030
CAD
100,000
70,790
Ontario Power Generation Inc 3.838% 6/22/2048
CAD
120,000
71,536
Ontario Power Generation Inc 4.248% 1/18/2049
CAD
50,000
31,726
Toronto Hydro Corp 2.43% 12/11/2029
CAD
80,000
55,841
 
 
 
2,789,569
Gas Utilities - 0.0%
 
 
 
Enbridge Gas Inc 3.65% 4/1/2050
CAD
290,000
168,691
FortisBC Energy Inc 2.82% 8/9/2049
CAD
70,000
35,211
 
 
 
203,902
Multi-Utilities - 0.0%
 
 
 
CU Inc 3.548% 11/22/2047
CAD
280,000
163,686
EPCOR Utilities Inc 3.554% 11/27/2047
CAD
571,000
333,685
 
 
 
497,371
TOTAL UTILITIES
 
 
3,490,842
TOTAL CANADA
 
 
30,876,208
DENMARK - 0.3%
 
 
 
Consumer Staples - 0.0%
 
 
 
Beverages - 0.0%
 
 
 
Carlsberg Breweries A/S 3.5% 2/28/2035 (b)
EUR
160,000
178,501
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
Danske Bank A/S 0.75% 6/9/2029 (b)(c)
EUR
270,000
295,159
Danske Bank A/S 3.375% 12/2/2033 (b)(c)
EUR
100,000
111,999
Danske Bank A/S 4.5% 11/9/2028 (b)(c)
EUR
110,000
129,660
Danske Bank A/S 4.625% 4/13/2027 (b)(c)
GBP
100,000
132,364
Danske Bank A/S 4.625% 5/14/2034 (b)(c)
EUR
100,000
117,936
Jyske Bank A/S 0.25% 2/17/2028 (b)(c)
EUR
100,000
112,799
Jyske Bank A/S 2.875% 5/5/2029 (b)(c)
EUR
200,000
229,492
 
 
 
1,129,409
Financial Services - 0.1%
 
 
 
Kommunekredit 0% 11/17/2029
EUR
240,000
250,166
Kommunekredit 0% 8/27/2030 (b)
EUR
130,000
132,430
Kommunekredit 0.125% 9/26/2040 (b)
EUR
100,000
71,211
Kommunekredit 2.375% 9/15/2032 (b)
EUR
370,000
411,758
Nykredit Realkredit A/S 3.5% 1/12/2033 (b)
EUR
120,000
134,702
 
 
 
1,000,267
TOTAL FINANCIALS
 
 
2,129,676
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Novo Nordisk Finance Netherlands BV 3.375% 5/21/2034 (b)
EUR
240,000
269,885
Novo Nordisk Finance Netherlands BV 4% 11/20/2045 (b)
EUR
130,000
142,145
TOTAL HEALTH CARE
 
 
412,030
Industrials - 0.0%
 
 
 
Transportation Infrastructure - 0.0%
 
 
 
DSV Finance BV 3.375% 11/6/2032 (b)
EUR
200,000
226,242
Utilities - 0.0%
 
 
 
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
Orsted AS 2.125% 5/17/2027 (b)
GBP
104,000
132,863
Orsted AS 2.5% 5/16/2033 (b)
GBP
104,000
109,725
Orsted AS 5.125% 9/13/2034 (b)
GBP
290,000
355,466
TOTAL UTILITIES
 
 
598,054
TOTAL DENMARK
 
 
3,544,503
FINLAND - 0.3%
 
 
 
Financials - 0.3%
 
 
 
Banks - 0.2%
 
 
 
Nordea Bank Abp 0.5% 3/19/2031 (b)
EUR
120,000
119,924
Nordea Bank Abp 0.625% 8/18/2031 (b)(c)
EUR
220,000
253,261
Nordea Bank Abp 2.5% 5/23/2029 (b)
EUR
244,000
275,230
Nordea Bank Abp 2.75% 5/2/2030 (b)
EUR
260,000
294,185
Nordea Kiinnitysluottopankki Oyj 2.5% 9/14/2032 (b)
EUR
110,000
122,840
Nordea Kiinnitysluottopankki Oyj 3% 8/28/2035 (b)
EUR
900,000
1,013,165
OP Mortgage Bank 0.01% 11/19/2030 (b)
EUR
180,000
181,155
OP Mortgage Bank 0.05% 4/21/2028 (b)
EUR
550,000
600,256
OP Mortgage Bank 2.625% 7/9/2030 (b)
EUR
100,000
113,855
 
 
 
2,973,871
Capital Markets - 0.0%
 
 
 
Finnvera Oyj 2.875% 8/30/2029 (b)
EUR
200,000
230,878
Financial Services - 0.1%
 
 
 
Kuntarahoitus Oyj 0.25% 2/25/2032 (b)
EUR
140,000
137,458
Kuntarahoitus Oyj 2.75% 2/2/2034 (b)
EUR
330,000
369,036
Kuntarahoitus Oyj 5.125% 7/22/2027 (b)
GBP
120,000
159,887
OP Corporate Bank plc 0.1% 11/16/2027 (b)
EUR
130,000
143,312
 
 
 
809,693
TOTAL FINLAND
 
 
4,014,442
FRANCE - 5.6%
 
 
 
Communication Services - 0.2%
 
 
 
Diversified Telecommunication Services - 0.2%
 
 
 
Ile-de-France Mobilites 0.4% 5/28/2031 (b)
EUR
300,000
299,597
Ile-de-France Mobilites 0.95% 2/16/2032 (b)
EUR
300,000
301,830
Ile-de-France Mobilites 3.7% 6/14/2038 (b)
EUR
100,000
111,093
Orange SA 0.75% 6/29/2034 (b)
EUR
600,000
544,076
Orange SA 3.25% 1/15/2032 (b)
GBP
200,000
237,118
Orange SA 3.5% 11/13/2034 (b)
EUR
100,000
111,944
Orange SA 4.125% 11/13/2045 (b)
EUR
200,000
218,691
Orange SA 8.125% 1/28/2033
EUR
70,000
102,609
 
 
 
1,926,958
Media - 0.0%
 
 
 
Publicis Groupe SA 2.875% 6/12/2029 (b)
EUR
200,000
227,100
TOTAL COMMUNICATION SERVICES
 
 
2,154,058
Consumer Discretionary - 0.1%
 
 
 
Automobile Components - 0.0%
 
 
 
Cie Generale des Etablissements Michelin SCA 0.25% 11/2/2032 (b)
EUR
200,000
186,741
Automobiles - 0.0%
 
 
 
RCI Banque SA 4.125% 4/4/2031 (b)
EUR
110,000
128,433
RCI Banque SA 4.875% 10/2/2029 (b)
EUR
270,000
322,690
 
 
 
451,123
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Accor SA 3.875% 3/11/2031 (b)
EUR
100,000
114,433
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
Kering SA 3.625% 3/11/2036 (b)
EUR
200,000
219,265
Kering SA 5% 11/23/2032 (b)
GBP
100,000
128,744
LVMH Moet Hennessy Louis Vuitton SE 0.375% 2/11/2031 (b)
EUR
500,000
501,268
 
 
 
849,277
TOTAL CONSUMER DISCRETIONARY
 
 
1,601,574
Consumer Staples - 0.1%
 
 
 
Beverages - 0.0%
 
 
 
Pernod Ricard SA 3.25% 2/4/2033 (b)
EUR
100,000
110,673
Pernod Ricard SA 3.625% 5/7/2034 (b)
EUR
200,000
224,225
 
 
 
334,898
Consumer Staples Distribution & Retail - 0.1%
 
 
 
Carrefour SA 2.875% 12/8/2028 (b)
EUR
300,000
342,583
Carrefour SA 3.75% 10/10/2030 (b)
EUR
200,000
232,729
 
 
 
575,312
Food Products - 0.0%
 
 
 
Danone SA 3.071% 9/7/2032 (b)
EUR
200,000
224,768
Personal Care Products - 0.0%
 
 
 
L'Oreal SA 3.375% 1/19/2036 (b)
EUR
100,000
112,715
TOTAL CONSUMER STAPLES
 
 
1,247,693
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
TotalEnergies Capital International SA 1.491% 4/8/2027 (b)
EUR
100,000
114,035
TotalEnergies Capital International SA 3.852% 3/3/2045 (b)
EUR
300,000
316,503
TOTAL ENERGY
 
 
430,538
Financials - 3.6%
 
 
 
Banks - 2.7%
 
 
 
Agence Francaise de Developpement EPIC 0.125% 9/29/2031 (b)
EUR
200,000
192,908
Arkea Public Sector SCF SA 0.875% 3/31/2028 (b)
EUR
200,000
221,789
Arkea Public Sector SCF SA 3.004% 1/27/2032 (b)
EUR
200,000
228,426
Banque Federative du Credit Mutuel SA 0.625% 11/19/2027 (b)
EUR
100,000
110,846
Banque Federative du Credit Mutuel SA 0.75% 1/17/2030 (b)
EUR
200,000
208,265
Banque Federative du Credit Mutuel SA 0.875% 12/7/2027 (b)
GBP
600,000
741,660
Banque Federative du Credit Mutuel SA 1.125% 1/19/2032 (b)
EUR
100,000
99,712
Banque Federative du Credit Mutuel SA 1.125% 11/19/2031 (b)
EUR
300,000
298,054
Banque Federative du Credit Mutuel SA 1.25% 5/26/2027 (b)
EUR
100,000
113,468
Banque Federative du Credit Mutuel SA 1.25% 6/3/2030 (b)
EUR
300,000
314,454
Banque Federative du Credit Mutuel SA 2.5% 5/25/2028 (b)
EUR
300,000
339,352
Banque Federative du Credit Mutuel SA 2.625% 11/6/2029 (b)
EUR
100,000
111,935
Banque Federative du Credit Mutuel SA 3.75% 5/14/2036 (b)(c)
EUR
100,000
112,815
Banque Federative du Credit Mutuel SA 3.875% 6/16/2032 (b)(c)
EUR
200,000
231,502
Banque Federative du Credit Mutuel SA 4% 1/26/2033 (b)
EUR
100,000
115,835
Banque Federative du Credit Mutuel SA 4.375% 5/2/2030 (b)
EUR
100,000
118,746
Banque Federative du Credit Mutuel SA 4.75% 11/10/2031 (b)
EUR
500,000
603,934
Banque Federative du Credit Mutuel SA 5.1264% 5/24/2027 (b)
AUD
820,000
563,830
BNP Paribas SA 0.5% 1/19/2030 (b)(c)
EUR
300,000
318,839
BNP Paribas SA 0.5% 2/19/2028 (b)(c)
EUR
400,000
452,160
BNP Paribas SA 0.5% 5/30/2028 (b)(c)
EUR
1,900,000
2,127,459
BNP Paribas SA 0.625% 12/3/2032 (b)
EUR
100,000
93,437
BNP Paribas SA 0.875% 7/11/2030 (b)(c)
EUR
100,000
106,003
BNP Paribas SA 1.25% 7/13/2031 (b)
GBP
100,000
107,005
BNP Paribas SA 1.625% 7/2/2031 (b)
EUR
100,000
103,573
BNP Paribas SA 1.875% 12/14/2027 (b)
GBP
200,000
250,739
BNP Paribas SA 2% 5/24/2031 (b)(c)
GBP
200,000
263,390
BNP Paribas SA 2% 9/13/2036 (b)
GBP
100,000
92,170
BNP Paribas SA 2.5% 3/31/2032 (b)(c)
EUR
100,000
114,015
BNP Paribas SA 2.538% 7/13/2029 (c)
CAD
1,200,000
840,276
BNP Paribas SA 2.75% 7/25/2028 (b)(c)
EUR
1,200,000
1,376,805
BNP Paribas SA 4.159% 8/28/2034 (b)(c)
EUR
200,000
231,429
BNP Paribas SA 4.75% 11/13/2032 (b)(c)
EUR
300,000
361,144
BNP Paribas SA 6.3175% 11/15/2035 (b)(c)
GBP
200,000
269,599
BPCE SA 0.25% 1/14/2031 (b)
EUR
200,000
198,450
BPCE SA 0.5% 1/14/2028 (b)(c)
EUR
2,000,000
2,268,120
BPCE SA 0.5% 9/15/2027 (b)(c)
EUR
600,000
686,577
BPCE SA 0.75% 3/3/2031 (b)
EUR
200,000
200,405
BPCE SA 1% 1/14/2032 (b)
EUR
200,000
197,740
BPCE SA 1.625% 1/31/2028 (b)
EUR
100,000
112,130
BPCE SA 2.25% 3/2/2032 (b)(c)
EUR
100,000
114,234
BPCE SA 2.5% 11/30/2032 (b)(c)
GBP
100,000
125,977
BPCE SA 3.625% 10/1/2033 (b)(c)
EUR
100,000
112,600
BPCE SA 3.875% 2/26/2036 (b)(c)
EUR
100,000
112,325
BPCE SA 4% 1/20/2034 (b)(c)
EUR
100,000
114,620
BPCE SA 4.125% 3/8/2033 (b)(c)
EUR
200,000
232,091
BPCE SA 4.625% 3/2/2030 (b)(c)
EUR
200,000
237,558
BPCE SA 5.125% 1/25/2035 (b)(c)
EUR
100,000
118,964
BPCE SA 5.75% 6/1/2033 (b)(c)
EUR
300,000
360,102
Caisse des Depots et Consignations 3% 5/25/2029 (b)
EUR
500,000
577,264
Carrefour Banque SA 4.079% 5/5/2027 (b)
EUR
100,000
116,208
Cie de Financement Foncier SA 0.01% 10/29/2035 (b)
EUR
700,000
577,256
Cie de Financement Foncier SA 0.01% 4/16/2029 (b)
EUR
1,000,000
1,057,148
Credit Agricole Home Loan SFH SA 0.05% 12/6/2029 (b)
EUR
200,000
207,704
Credit Agricole Home Loan SFH SA 1.5% 9/28/2038 (b)
EUR
300,000
270,147
Credit Agricole Home Loan SFH SA 3% 12/11/2032 (b)
EUR
200,000
227,590
Credit Agricole Home Loan SFH SA 3% 7/9/2032 (b)
EUR
700,000
799,565
Credit Agricole SA 0.375% 4/20/2028 (b)
EUR
100,000
108,945
Credit Agricole SA 0.5% 9/21/2029 (b)(c)
EUR
100,000
107,607
Credit Agricole SA 1.125% 7/12/2032 (b)
EUR
400,000
393,284
Credit Agricole SA 1.874% 12/9/2031 (b)(c)
GBP
200,000
258,929
Credit Agricole SA 2.625% 3/17/2027 (b)
EUR
107,000
122,917
Credit Agricole SA 3.75% 1/23/2031 (b)(c)
EUR
300,000
347,863
Credit Agricole SA 3.875% 11/28/2034 (b)
EUR
100,000
115,625
Credit Agricole SA 4% 1/18/2033 (b)
EUR
100,000
117,591
Credit Agricole SA 4.875% 10/23/2029 (b)
GBP
100,000
131,202
Credit Agricole SA 5.5% 7/31/2032 (b)(c)
GBP
500,000
660,173
Credit Agricole SA 5.5% 8/28/2033 (b)(c)
EUR
200,000
239,759
Credit Agricole SA 5.75% 11/29/2027 (b)(c)
GBP
500,000
665,744
Credit Agricole SA/London 1% 7/3/2029 (b)
EUR
700,000
752,881
Credit Mutuel Arkea SA 0.375% 10/3/2028 (b)
EUR
300,000
323,723
Credit Mutuel Arkea SA 0.875% 10/25/2031 (b)
EUR
200,000
198,115
Credit Mutuel Arkea SA 0.875% 3/11/2033 (b)
EUR
100,000
93,917
Credit Mutuel Arkea SA 3.307% 5/6/2032 (b)
EUR
100,000
113,182
HSBC Continental Europe SA 0.1% 9/3/2027 (b)
EUR
200,000
221,971
HSBC Continental Europe SA 1.375% 9/4/2028 (b)
EUR
700,000
777,704
La Banque Postale Home Loan SFH SA 2.75% 6/12/2032 (b)
EUR
400,000
450,394
La Banque Postale SA 0.75% 8/2/2032 (b)(c)
EUR
100,000
111,785
La Banque Postale SA 1% 2/9/2028 (b)(c)
EUR
400,000
453,921
La Banque Postale SA 3.5% 6/13/2030 (b)
EUR
200,000
232,019
La Banque Postale SA 5.625% 9/21/2028 (b)(c)
GBP
100,000
132,764
SFIL SA 0.05% 6/4/2029 (b)
EUR
400,000
420,560
SFIL SA 0.25% 12/1/2031 (b)
EUR
200,000
194,388
SFIL SA 3.125% 9/17/2029 (b)
EUR
100,000
115,568
Societe Generale SA 0.875% 9/22/2028 (b)(c)
EUR
500,000
557,904
Societe Generale SA 0.875% 9/24/2029 (b)
EUR
100,000
105,505
Societe Generale SA 1.125% 6/30/2031 (b)(c)
EUR
200,000
229,756
Societe Generale SA 1.25% 12/7/2027 (b)
GBP
300,000
372,422
Societe Generale SA 1.25% 6/12/2030 (b)
EUR
200,000
209,776
Societe Generale SA 1.75% 3/22/2029 (b)
EUR
200,000
219,334
Societe Generale SA 3.875% 11/20/2035 (b)(c)
EUR
100,000
113,346
Societe Generale SA 4.25% 11/16/2032 (b)
EUR
100,000
120,044
Societe Generale SA 4.25% 12/6/2030 (b)(c)
EUR
200,000
235,104
Societe Generale SA 5.25% 9/6/2032 (b)(c)
EUR
200,000
236,466
Societe Generale SA 5.637% 9/9/2032 (b)(c)
GBP
200,000
263,324
 
 
 
31,385,861
Capital Markets - 0.1%
 
 
 
Bpifrance SACA 0.05% 9/26/2029 (b)
EUR
600,000
623,520
Bpifrance SACA 0.25% 3/29/2030 (b)
EUR
100,000
103,006
Bpifrance SACA 2.125% 11/29/2027 (b)
EUR
200,000
228,147
Bpifrance SACA 3.125% 7/1/2033 (b)
EUR
500,000
560,718
 
 
 
1,515,391
Financial Services - 0.6%
 
 
 
Arkea Home Loans SFH SA 3.072% 2/7/2034 (b)
EUR
100,000
112,873
Arkea Home Loans SFH SA 3.25% 8/1/2033 (b)
EUR
100,000
114,658
BPCE SFH SA 0.01% 10/16/2028 (b)
EUR
500,000
536,831
BPCE SFH SA 3.25% 6/26/2035 (b)
EUR
200,000
226,516
BPCE SFH SA 3.375% 6/27/2033 (b)
EUR
400,000
463,092
Caisse de Refinancement de l'Habitat SA 0.01% 10/8/2029 (b)
EUR
600,000
625,139
Caisse de Refinancement de l'Habitat SA 2.75% 4/12/2028 (b)
EUR
100,000
115,197
Caisse de Refinancement de l'Habitat SA 2.875% 3/25/2031 (b)
EUR
300,000
342,724
Caisse de Refinancement de l'Habitat SA 3% 4/25/2033 (b)
EUR
100,000
113,303
Caisse de Refinancement de l'Habitat SA 3.125% 6/3/2036 (b)
EUR
100,000
111,548
Caisse Francaise de Financement Local SA 0.125% 2/15/2036 (b)
EUR
900,000
747,149
Caisse Francaise de Financement Local SA 0.125% 6/30/2031 (b)
EUR
1,200,000
1,182,727
Caisse Francaise de Financement Local SA 1.5% 6/28/2038 (b)
EUR
100,000
90,346
Edenred SE 3.625% 6/13/2031 (b)
EUR
100,000
114,721
UNEDIC ASSEO 0% 11/25/2028 (b)
EUR
200,000
214,343
UNEDIC ASSEO 0.25% 11/25/2029 (b)
EUR
600,000
628,671
UNEDIC ASSEO 0.25% 7/16/2035 (b)
EUR
400,000
339,418
UNEDIC ASSEO 0.875% 5/25/2028 (b)
EUR
400,000
443,557
UNEDIC ASSEO 1.25% 10/21/2027 (b)
EUR
100,000
112,887
UNEDIC ASSEO 1.5% 4/20/2032 (b)
EUR
100,000
104,367
UNEDIC ASSEO 1.75% 11/25/2032 (b)
EUR
500,000
523,338
 
 
 
7,263,405
Insurance - 0.2%
 
 
 
AXA SA 1.875% 7/10/2042 (b)(c)
EUR
253,000
257,141
AXA SA 3.375% 7/6/2047 (b)(c)
EUR
100,000
115,383
CNP Assurances SA 1.25% 1/27/2029 (b)
EUR
300,000
325,537
CNP Assurances SA 2.5% 6/30/2051 (b)(c)
EUR
100,000
107,200
Credit Agricole Assurances SA 1.5% 10/6/2031 (b)
EUR
100,000
101,968
Credit Agricole Assurances SA 2% 7/17/2030 (b)
EUR
200,000
213,282
Credit Agricole Assurances SA 5.875% 10/25/2033 (b)
EUR
100,000
126,655
Groupe des Assurances du Credit Mutuel SADIR 3.75% 4/30/2029 (b)
EUR
400,000
465,730
Mutuelle Assurance Des Commercants et Industriels de France et Des Cadres et Sal 0.625% 6/21/2027 (b)
EUR
700,000
782,678
 
 
 
2,495,574
TOTAL FINANCIALS
 
 
42,660,231
Health Care - 0.1%
 
 
 
Health Care Equipment & Supplies - 0.1%
 
 
 
EssilorLuxottica SA 0.5% 6/5/2028 (b)
EUR
600,000
657,947
Industrials - 0.7%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
Airbus SE 2.375% 6/9/2040 (b)
EUR
166,000
156,626
Building Products - 0.0%
 
 
 
Cie de Saint-Gobain SA 3.375% 4/8/2030 (b)
EUR
200,000
230,004
Cie de Saint-Gobain SA 3.625% 4/8/2034 (b)
EUR
100,000
113,536
Cie de Saint-Gobain SA 3.875% 11/29/2030 (b)
EUR
200,000
234,101
 
 
 
577,641
Construction & Engineering - 0.1%
 
 
 
Bouygues SA 0.5% 2/11/2030 (b)
EUR
100,000
103,992
Bouygues SA 2.25% 6/29/2029 (b)
EUR
500,000
558,405
Bouygues SA 3.25% 6/30/2037 (b)
EUR
100,000
108,889
Bouygues SA 4.625% 6/7/2032 (b)
EUR
100,000
121,630
 
 
 
892,916
Electrical Equipment - 0.0%
 
 
 
Legrand SA 0.375% 10/6/2031 (b)
EUR
200,000
194,771
Ground Transportation - 0.4%
 
 
 
Ayvens SA 4% 7/5/2027 (b)
EUR
200,000
233,760
SNCF Reseau 0.75% 5/25/2036 (b)
EUR
300,000
254,366
SNCF Reseau 0.875% 1/22/2029 (b)
EUR
1,000,000
1,085,392
SNCF Reseau 1.125% 5/19/2027 (b)
EUR
1,100,000
1,247,240
Societe Nationale SNCF SACA 0.625% 4/17/2030 (b)
EUR
500,000
521,864
Societe Nationale SNCF SACA 3.125% 11/2/2027 (b)
EUR
500,000
580,414
Societe Nationale SNCF SACA 3.125% 5/25/2034 (b)
EUR
300,000
331,963
 
 
 
4,254,999
Transportation Infrastructure - 0.2%
 
 
 
Aeroports de Paris SA 1% 1/5/2029 (b)
EUR
600,000
650,011
APRR SA 1.875% 1/6/2031 (b)
EUR
200,000
215,636
Autoroutes du Sud de la France SA 2.75% 9/2/2032 (b)
EUR
300,000
328,626
La Poste SA 1.375% 4/21/2032 (b)
EUR
400,000
406,718
 
 
 
1,600,991
TOTAL INDUSTRIALS
 
 
7,677,944
Information Technology - 0.1%
 
 
 
IT Services - 0.1%
 
 
 
Capgemini SE 1.125% 6/23/2030 (b)
EUR
100,000
103,896
Capgemini SE 2% 4/15/2029 (b)
EUR
500,000
551,228
TOTAL INFORMATION TECHNOLOGY
 
 
655,124
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Air Liquide Finance SA 3.5% 11/5/2037 (b)
EUR
100,000
110,319
Air Liquide Finance SA 3.5% 3/21/2035 (b)
EUR
100,000
113,626
Arkema SA 0.75% 12/3/2029 (b)
EUR
100,000
105,102
Arkema SA 3.5% 9/9/2033 (b)
EUR
100,000
110,919
TOTAL MATERIALS
 
 
439,966
Real Estate - 0.2%
 
 
 
Diversified REITs - 0.0%
 
 
 
Covivio SA/France 1.625% 6/23/2030 (b)
EUR
200,000
210,885
ICADE 1.625% 2/28/2028 (b)
EUR
300,000
333,222
 
 
 
544,107
Office REITs - 0.0%
 
 
 
Gecina SA 1.375% 1/26/2028 (b)
EUR
200,000
222,756
Gecina SA 3.375% 8/4/2035 (b)
EUR
100,000
108,674
 
 
 
331,430
Retail REITs - 0.2%
 
 
 
Klepierre SA 0.875% 2/17/2031 (b)
EUR
100,000
100,248
Klepierre SA 3.875% 9/23/2033 (b)
EUR
100,000
114,095
Unibail-Rodamco-Westfield SE 0.75% 10/25/2028 (b)
EUR
500,000
541,547
Unibail-Rodamco-Westfield SE 1% 2/27/2027 (b)
EUR
600,000
681,289
Unibail-Rodamco-Westfield SE 1.5% 5/29/2029 (b)
EUR
120,000
129,719
Unibail-Rodamco-Westfield SE 1.75% 7/1/2049 (b)
EUR
100,000
64,258
Unibail-Rodamco-Westfield SE 3.5% 9/11/2029 (b)
EUR
400,000
459,534
 
 
 
2,090,690
TOTAL REAL ESTATE
 
 
2,966,227
Utilities - 0.5%
 
 
 
Electric Utilities - 0.2%
 
 
 
Coentreprise de Transport d'Electricite SA 1.5% 7/29/2028 (b)
EUR
100,000
110,966
Electricite de France SA 1% 11/29/2033 (b)
EUR
100,000
93,592
Electricite de France SA 2% 12/9/2049 (b)
EUR
400,000
274,649
Electricite de France SA 5.5% 1/25/2035 (b)
GBP
300,000
380,078
Electricite de France SA 6.5% 11/8/2064 (b)
GBP
100,000
122,242
RTE Reseau de Transport d'Electricite SADIR 0% 9/9/2027 (b)
EUR
1,200,000
1,328,935
RTE Reseau de Transport d'Electricite SADIR 0.625% 7/8/2032 (b)
EUR
500,000
481,723
RTE Reseau de Transport d'Electricite SADIR 3.5% 4/30/2033 (b)
EUR
100,000
113,639
 
 
 
2,905,824
Multi-Utilities - 0.3%
 
 
 
Engie SA 0.375% 10/26/2029 (b)
EUR
700,000
730,924
Engie SA 1.25% 10/24/2041 (b)
EUR
300,000
221,084
Engie SA 1.75% 3/27/2028 (b)
EUR
1,000,000
1,125,942
Engie SA 1.875% 9/19/2033 (b)
EUR
100,000
100,588
Engie SA 3.875% 3/6/2036 (b)
EUR
100,000
114,175
Engie SA 4.25% 1/11/2043 (b)
EUR
100,000
110,854
Engie SA 5.625% 4/3/2053 (b)
GBP
100,000
114,543
Veolia Environnement SA 0.664% 1/15/2031 (b)
EUR
100,000
100,396
Veolia Environnement SA 1.25% 4/15/2028 (b)
EUR
100,000
110,877
Veolia Environnement SA 1.25% 5/14/2035 (b)
EUR
100,000
91,817
Veolia Environnement SA 1.625% 9/17/2030 (b)
EUR
200,000
212,305
Veolia Environnement SA 3.324% 6/17/2032 (b)
EUR
100,000
112,791
 
 
 
3,146,296
Water Utilities - 0.0%
 
 
 
Suez SACA 1.875% 5/24/2027 (b)
EUR
100,000
113,951
Suez SACA 2.375% 5/24/2030 (b)
EUR
200,000
220,214
Suez SACA 2.875% 5/24/2034 (b)
EUR
100,000
105,727
Suez SACA 4.625% 11/3/2028 (b)
EUR
100,000
118,769
 
 
 
558,661
TOTAL UTILITIES
 
 
6,610,781
TOTAL FRANCE
 
 
67,102,083
GERMANY - 3.3%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Deutsche Telekom AG 1.375% 7/5/2034 (b)
EUR
240,000
233,370
Deutsche Telekom AG 1.75% 12/9/2049 (b)
EUR
50,000
35,905
Deutsche Telekom AG 3.125% 2/6/2034 (b)
GBP
60,000
68,449
Deutsche Telekom AG 3.25% 3/20/2036 (b)
EUR
180,000
199,622
TOTAL COMMUNICATION SERVICES
 
 
537,346
Consumer Discretionary - 0.4%
 
 
 
Automobile Components - 0.0%
 
 
 
Robert Bosch GmbH 4% 6/2/2035 (b)
EUR
100,000
114,991
Robert Bosch GmbH 4.375% 6/2/2043 (b)
EUR
100,000
110,634
 
 
 
225,625
Automobiles - 0.4%
 
 
 
BMW Canada Inc 3.7% 9/5/2029
CAD
360,000
257,942
BMW Finance NV 1.5% 2/6/2029 (b)
EUR
86,000
94,873
BMW Finance NV 3.25% 7/22/2030 (b)
EUR
350,000
404,644
BMW Finance NV 3.75% 11/20/2034 (b)
EUR
200,000
229,604
BMW US Capital LLC 3.375% 2/2/2034 (b)
EUR
100,000
111,615
Mercedes-Benz Finance Canada Inc 4.7% 10/10/2030 (b)
GBP
200,000
259,268
Mercedes-Benz Group AG 1.125% 8/8/2034 (b)
EUR
267,000
251,797
Mercedes-Benz Group AG 1.5% 7/3/2029 (b)
EUR
44,000
48,097
Mercedes-Benz Group AG 2.375% 5/22/2030 (b)
EUR
100,000
111,593
Mercedes-Benz International Finance BV 3.25% 9/15/2027 (b)
EUR
410,000
474,111
Volkswagen Financial Services NV 3.25% 4/13/2027 (b)
GBP
200,000
259,477
Volkswagen Financial Services NV 5.25% 7/14/2031 (b)
GBP
600,000
778,124
Volkswagen International Finance NV 1.625% 1/16/2030 (b)
EUR
45,000
48,196
Volkswagen International Finance NV 3.25% 11/18/2030 (b)
EUR
200,000
224,646
Volkswagen International Finance NV 4.125% 11/16/2038 (b)
EUR
200,000
221,605
 
 
 
3,775,592
TOTAL CONSUMER DISCRETIONARY
 
 
4,001,217
Energy - 0.0%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Vier Gas Transport GmbH 1.5% 9/25/2028 (b)
EUR
100,000
111,138
Vier Gas Transport GmbH 3.375% 11/11/2031 (b)
EUR
100,000
113,778
TOTAL ENERGY
 
 
224,916
Financials - 2.2%
 
 
 
Banks - 0.6%
 
 
 
Commerzbank AG 0.01% 3/11/2030
EUR
183,000
188,590
Commerzbank AG 1.25% 1/9/2034
EUR
58,000
58,243
Commerzbank AG 1.375% 12/29/2031 (b)(c)
EUR
300,000
343,713
Commerzbank AG 1.5% 8/28/2028 (b)
EUR
100,000
111,765
Commerzbank AG 1.875% 2/28/2028 (b)
EUR
700,000
789,016
Commerzbank AG 2.75% 1/9/2031 (b)
EUR
860,000
981,743
Commerzbank AG 3.125% 6/6/2030 (b)(c)
EUR
200,000
227,570
Commerzbank AG 4.125% 6/30/2037 (b)(c)
EUR
100,000
113,408
Commerzbank AG 4.625% 3/21/2028 (b)(c)
EUR
300,000
351,700
Hamburg Commercial Bank AG 4.875% 3/30/2027 (b)
EUR
270,000
317,454
Investitionsbank Berlin 0.01% 7/15/2027
EUR
500,000
558,187
Landesbank Baden-Wuerttemberg 0.25% 5/19/2033 (b)
EUR
1,020,000
963,059
Landesbank Baden-Wuerttemberg 0.375% 5/7/2029 (b)
EUR
100,000
104,899
Landesbank Baden-Wuerttemberg 3% 4/26/2027 (b)
EUR
200,000
231,788
Lloyds Bank GmbH 2.875% 9/9/2032 (b)
EUR
300,000
340,392
Muenchener Hypothekenbank eG 1.875% 8/25/2032 (b)
EUR
60,000
64,623
NRW Bank 0.5% 6/17/2041 (b)
EUR
50,000
36,303
NRW Bank 0.875% 4/12/2034
EUR
387,000
374,351
NRW Bank 1.625% 8/3/2032 (b)
EUR
740,000
785,831
UniCredit Bank GmbH 0.25% 1/15/2032 (b)
EUR
39,000
38,289
UniCredit Bank GmbH 0.375% 1/17/2033 (b)
EUR
200,000
191,557
UniCredit Bank GmbH 0.85% 5/22/2034 (b)
EUR
102,000
97,010
 
 
 
7,269,491
Capital Markets - 0.1%
 
 
 
Deutsche Bank AG 1.375% 2/17/2032 (b)(c)
EUR
200,000
205,541
Deutsche Bank AG 1.875% 2/23/2028 (b)(c)
EUR
200,000
228,556
Deutsche Bank AG 3.25% 5/24/2028 (b)(c)
EUR
100,000
115,508
Deutsche Bank AG 3.375% 2/13/2031 (b)(c)
EUR
200,000
226,944
Deutsche Bank AG 4% 6/24/2032 (b)(c)
EUR
100,000
115,637
Deutsche Bank AG 4.125% 4/4/2030 (b)(c)
EUR
200,000
233,662
Deutsche Bank AG 6.125% 12/12/2030 (b)(c)
GBP
300,000
405,784
Deutsche Boerse AG 0.125% 2/22/2031 (b)
EUR
100,000
99,019
Deutsche Boerse AG 1.5% 4/4/2032 (b)
EUR
100,000
103,527
 
 
 
1,734,178
Consumer Finance - 0.1%
 
 
 
Grenke Finance PLC 5.75% 7/6/2029 (b)
EUR
100,000
121,425
Volkswagen Financial Services AG 0.375% 2/12/2030 (b)
EUR
70,000
71,515
Volkswagen Financial Services AG 0.875% 1/31/2028 (b)
EUR
630,000
695,760
Volkswagen Financial Services AG 3.375% 4/6/2028 (b)
EUR
32,000
37,001
 
 
 
925,701
Financial Services - 1.3%
 
 
 
Aareal Bank AG 0.01% 2/1/2028 (b)
EUR
100,000
109,604
Aareal Bank AG 3% 8/5/2031 (b)
EUR
280,000
320,295
Free and Hanseatic City of Hamburg 0.25% 2/18/2041 (b)
EUR
190,000
135,620
Free and Hanseatic City of Hamburg 1.2% 6/3/2033 (b)
EUR
390,000
395,042
KfW 0% 9/15/2028 (b)
EUR
442,000
478,353
KfW 0% 9/17/2030 (b)
EUR
261,000
266,239
KfW 0.01% 5/5/2027 (b)
EUR
38,000
42,712
KfW 0.05% 9/29/2034 (b)
EUR
1,284,000
1,146,266
KfW 0.625% 1/7/2028
EUR
1,834,000
2,047,255
KfW 0.625% 2/22/2027
EUR
283,000
321,658
KfW 0.75% 12/7/2027 (b)
GBP
320,000
398,507
KfW 0.75% 6/28/2028
EUR
72,000
79,731
KfW 0.875% 7/4/2039 (b)
EUR
110,000
92,812
KfW 1.375% 2/2/2028 (b)
SEK
310,000
31,942
KfW 2.375% 4/11/2028 (b)
EUR
2,010,000
2,308,161
KfW 2.625% 1/10/2034 (b)
EUR
420,000
470,627
KfW 2.75% 2/14/2033 (b)
EUR
2,470,000
2,806,841
KfW 2.875% 12/28/2029 (b)
EUR
740,000
857,455
KfW 4.45% 1/16/2030
AUD
690,000
467,682
Landwirtschaftliche Rentenbank 0.05% 1/31/2031 (b)
EUR
480,000
483,718
Landwirtschaftliche Rentenbank 0.05% 12/18/2029 (b)
EUR
42,000
43,808
Landwirtschaftliche Rentenbank 0.875% 12/15/2026 (b)
GBP
19,000
24,560
Landwirtschaftliche Rentenbank 2.6% 3/23/2027 (b)
AUD
60,000
40,519
Landwirtschaftliche Rentenbank 2.625% 7/8/2032 (b)
EUR
830,000
938,931
Landwirtschaftliche Rentenbank 4% 1/19/2028
AUD
350,000
237,592
Volkswagen Leasing GmbH 0.625% 7/19/2029 (b)
EUR
50,000
52,186
Volkswagen Leasing GmbH 4% 4/11/2031 (b)
EUR
290,000
337,869
 
 
 
14,935,985
Insurance - 0.1%
 
 
 
Allianz Finance II BV 1.5% 1/15/2030 (b)
EUR
200,000
217,926
Allianz SE 1.301% 9/25/2049 (b)(c)
EUR
400,000
425,451
Allianz SE 4.252% 7/5/2052 (b)(c)
EUR
200,000
232,137
Hannover Rueck SE 1.75% 10/8/2040 (b)(c)
EUR
200,000
211,018
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 1% 5/26/2042 (b)(c)
EUR
200,000
194,854
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 1.25% 5/26/2041 (b)(c)
EUR
200,000
204,216
 
 
 
1,485,602
TOTAL FINANCIALS
 
 
26,350,957
Health Care - 0.0%
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
Sartorius Finance BV 4.5% 9/14/2032 (b)
EUR
100,000
118,719
Pharmaceuticals - 0.0%
 
 
 
Bayer AG 1.375% 7/6/2032 (b)
EUR
300,000
298,437
Bayer AG 4.625% 5/26/2033 (b)
EUR
120,000
143,885
 
 
 
442,322
TOTAL HEALTH CARE
 
 
561,041
Industrials - 0.3%
 
 
 
Air Freight & Logistics - 0.0%
 
 
 
Deutsche Post AG 3.375% 7/3/2033 (b)
EUR
100,000
114,644
Deutsche Post AG 3.5% 3/25/2036 (b)
EUR
150,000
169,455
Deutsche Post AG 3.75% 11/25/2037 (b)
EUR
70,000
79,464
 
 
 
363,563
Electrical Equipment - 0.1%
 
 
 
Eurogrid GmbH 0.741% 4/21/2033 (b)
EUR
100,000
93,522
Eurogrid GmbH 3.598% 2/1/2029 (b)
EUR
600,000
698,467
Eurogrid GmbH 3.732% 10/18/2035 (b)
EUR
100,000
112,500
 
 
 
904,489
Ground Transportation - 0.0%
 
 
 
Deutsche Bahn AG 0.625% 12/8/2050 (b)
EUR
144,000
77,547
Deutsche Bahn AG 0.625% 4/15/2036 (b)
EUR
260,000
226,101
Deutsche Bahn AG 0.875% 6/23/2039 (b)
EUR
198,000
159,605
 
 
 
463,253
Industrial Conglomerates - 0.2%
 
 
 
Siemens Financieringsmaatschappij NV 0.125% 9/5/2029 (b)
EUR
24,000
25,082
Siemens Financieringsmaatschappij NV 1.75% 2/28/2039 (b)
EUR
23,000
20,550
Siemens Financieringsmaatschappij NV 3% 11/22/2028 (b)
EUR
500,000
576,415
Siemens Financieringsmaatschappij NV 3% 9/8/2033 (b)
EUR
100,000
111,962
Siemens Financieringsmaatschappij NV 3.125% 5/22/2032 (b)
EUR
200,000
227,309
Siemens Financieringsmaatschappij NV 3.125% 5/27/2033 (b)
EUR
200,000
226,299
Siemens Financieringsmaatschappij NV 3.625% 2/24/2043 (b)
EUR
100,000
106,249
Siemens Financieringsmaatschappij NV 4% 5/27/2045 (b)
EUR
100,000
111,092
 
 
 
1,404,958
Machinery - 0.0%
 
 
 
Traton Finance Luxembourg SA 2.875% 8/26/2028 (b)
EUR
400,000
453,171
TOTAL INDUSTRIALS
 
 
3,589,434
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
BASF SE 4.25% 3/8/2032 (b)
EUR
200,000
239,007
Construction Materials - 0.0%
 
 
 
Heidelberg Materials Finance Luxembourg SA 4.875% 11/21/2033 (b)
EUR
100,000
121,833
TOTAL MATERIALS
 
 
360,840
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
Aroundtown SA 0.375% 4/15/2027 (b)
EUR
200,000
224,380
Aroundtown SA 1.45% 7/9/2028 (b)
EUR
100,000
109,895
Aroundtown SA 3.625% 4/10/2031 (b)
GBP
120,000
140,953
LEG Immobilien SE 0.75% 6/30/2031 (b)
EUR
100,000
97,981
LEG Immobilien SE 0.875% 1/17/2029 (b)
EUR
200,000
214,794
LEG Immobilien SE 0.875% 11/28/2027 (b)
EUR
100,000
111,112
Vonovia SE 0.625% 10/7/2027 (b)
EUR
200,000
222,760
Vonovia SE 0.75% 9/1/2032 (b)
EUR
100,000
94,804
Vonovia SE 1% 1/28/2041 (b)
EUR
100,000
68,951
Vonovia SE 1% 6/16/2033 (b)
EUR
400,000
373,106
Vonovia SE 1.5% 6/14/2041 (b)
EUR
100,000
74,150
Vonovia SE 4.5% 11/12/2040 (b)
EUR
100,000
110,516
TOTAL REAL ESTATE
 
 
1,843,402
Utilities - 0.3%
 
 
 
Electric Utilities - 0.2%
 
 
 
Amprion GmbH 0.625% 9/23/2033 (b)
EUR
200,000
183,324
Amprion GmbH 3.45% 9/22/2027 (b)
EUR
100,000
115,980
Amprion GmbH 3.971% 9/22/2032 (b)
EUR
200,000
234,335
Amprion GmbH 4.125% 9/7/2034 (b)
EUR
100,000
116,679
E.ON International Finance BV 1.5% 7/31/2029 (b)
EUR
115,000
125,527
E.ON International Finance BV 3.5% 9/3/2035 (b)
EUR
300,000
336,093
E.ON International Finance BV 5.75% 2/14/2033 (b)
EUR
130,000
168,429
EnBW Energie Baden-Wuerttemberg AG 1.375% 8/31/2081 (b)(c)
EUR
100,000
108,450
EnBW International Finance BV 0.5% 3/1/2033 (b)
EUR
391,000
366,385
EnBW International Finance BV 3.75% 11/20/2035 (b)
EUR
120,000
137,365
 
 
 
1,892,567
Independent Power and Renewable Electricity Producers - 0.0%
 
 
 
RWE AG 2.75% 5/24/2030 (b)
EUR
120,000
135,947
Multi-Utilities - 0.1%
 
 
 
E.ON SE 0.35% 2/28/2030 (b)
EUR
190,000
196,065
E.ON SE 0.75% 2/20/2028 (b)
EUR
99,000
109,541
E.ON SE 0.875% 10/18/2034 (b)
EUR
117,000
106,720
E.ON SE 0.875% 8/20/2031 (b)
EUR
200,000
201,653
E.ON SE 3.5% 1/12/2028 (b)
EUR
140,000
162,906
E.ON SE 4.125% 3/25/2044 (b)
EUR
110,000
124,006
E.ON SE 5.461% 10/21/2035 (b)
AUD
260,000
169,994
 
 
 
1,070,885
TOTAL UTILITIES
 
 
3,099,399
TOTAL GERMANY
 
 
40,568,552
GREECE - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Eurobank SA 3.25% 3/12/2030 (b)(c)
EUR
260,000
295,538
HONG KONG - 0.0%
 
 
 
Financials - 0.0%
 
 
 
Banks - 0.0%
 
 
 
Hongkong & Shanghai Banking Corp Ltd-The-/Sydney 5.1% 3/3/2028 (b)
AUD
250,000
172,046
IRELAND - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
AIB Group PLC 4.625% 5/20/2035 (b)(c)
EUR
110,000
128,895
AIB Group PLC 4.625% 7/23/2029 (b)(c)
EUR
250,000
296,144
Bank of Ireland Group PLC 0.375% 5/10/2027 (b)(c)
EUR
140,000
161,450
Bank of Ireland Group PLC 1.375% 8/11/2031 (b)(c)
EUR
100,000
115,354
Bank of Ireland Group PLC 3.625% 5/19/2032 (b)(c)
EUR
170,000
195,842
TOTAL FINANCIALS
 
 
897,685
Materials - 0.0%
 
 
 
Containers & Packaging - 0.0%
 
 
 
Smurfit Kappa Treasury ULC 1% 9/22/2033 (b)
EUR
100,000
93,492
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
ESB Finance DAC 1.125% 6/11/2030 (b)
EUR
135,000
142,003
ESB Finance DAC 1.875% 7/21/2035 (b)
GBP
130,000
125,965
ESB Finance DAC 4% 10/3/2028 (b)
EUR
250,000
293,279
TOTAL UTILITIES
 
 
561,247
TOTAL IRELAND
 
 
1,552,424
ITALY - 0.9%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Eni SpA 3.625% 5/19/2027 (b)
EUR
100,000
116,230
Eni SpA 4.25% 5/19/2033 (b)
EUR
290,000
346,180
TOTAL ENERGY
 
 
462,410
Financials - 0.5%
 
 
 
Banks - 0.4%
 
 
 
Credit Agricole Italia SpA 0.375% 1/20/2032 (b)
EUR
200,000
196,555
Credit Agricole Italia SpA 3.5% 1/15/2030 (b)
EUR
400,000
469,488
Iccrea Banca SpA 3.5% 6/5/2034 (b)
EUR
120,000
139,230
Iccrea Banca SpA 4% 11/8/2027 (b)
EUR
140,000
164,429
Intesa Sanpaolo SpA 0.75% 3/16/2028 (b)
EUR
360,000
396,869
Intesa Sanpaolo SpA 2.5% 1/15/2030 (b)
GBP
100,000
120,490
Intesa Sanpaolo SpA 2.925% 10/14/2030 (b)
EUR
230,000
257,943
Intesa Sanpaolo SpA 4.875% 5/19/2030 (b)
EUR
200,000
243,415
Intesa Sanpaolo SpA 5.125% 8/29/2031 (b)
EUR
100,000
124,030
Intesa Sanpaolo SpA 6.625% 5/31/2033 (b)
GBP
140,000
195,888
Mediobanca Banca di Credito Finanziario SpA 2.375% 6/30/2027 (b)
EUR
160,000
183,972
Mediobanca Banca di Credito Finanziario SpA 2.625% 8/5/2030 (b)
EUR
210,000
237,905
Mediobanca Banca di Credito Finanziario SpA 4.625% 2/7/2029 (b)(c)
EUR
200,000
235,557
Mediobanca Banca di Credito Finanziario SpA 4.75% 3/14/2028 (b)(c)
EUR
100,000
117,174
UniCredit SpA 0.85% 1/19/2031 (b)
EUR
340,000
347,583
UniCredit SpA 2.2% 7/22/2027 (b)(c)
EUR
490,000
565,785
UniCredit SpA 2.731% 1/15/2032 (b)(c)
EUR
400,000
459,285
UniCredit SpA 3.2% 9/22/2031 (b)(c)
EUR
330,000
372,217
UniCredit SpA 4.3% 1/23/2031 (b)(c)
EUR
230,000
271,485
UniCredit SpA 4.45% 2/16/2029 (b)(c)
EUR
320,000
376,338
 
 
 
5,475,638
Insurance - 0.1%
 
 
 
Generali 1.713% 6/30/2032 (b)
EUR
100,000
101,472
Generali 2.124% 10/1/2030 (b)
EUR
130,000
140,109
Generali 2.429% 7/14/2031 (b)
EUR
290,000
312,190
Generali 5.5% 10/27/2047 (b)(c)
EUR
100,000
118,117
 
 
 
671,888
TOTAL FINANCIALS
 
 
6,147,526
Industrials - 0.1%
 
 
 
Transportation Infrastructure - 0.1%
 
 
 
Autostrade per l'Italia SpA 1.875% 9/26/2029 (b)
EUR
460,000
502,661
Autostrade per l'Italia SpA 2% 12/4/2028 (b)
EUR
200,000
222,258
Autostrade per l'Italia SpA 2.25% 1/25/2032 (b)
EUR
100,000
105,868
TOTAL INDUSTRIALS
 
 
830,787
Utilities - 0.3%
 
 
 
Electric Utilities - 0.2%
 
 
 
ENEL Finance International NV 0.375% 6/17/2027 (b)
EUR
220,000
246,482
ENEL Finance International NV 0.75% 6/17/2030 (b)
EUR
110,000
113,675
ENEL Finance International NV 0.875% 1/17/2031 (b)
EUR
170,000
173,528
ENEL Finance International NV 0.875% 9/28/2034 (b)
EUR
100,000
90,049
ENEL Finance International NV 2.875% 4/11/2029 (b)
GBP
636,000
789,033
ENEL Finance International NV 4% 2/20/2031 (b)
EUR
410,000
482,773
Terna - Rete Elettrica Nazionale 0.375% 6/23/2029 (b)
EUR
120,000
126,323
Terna - Rete Elettrica Nazionale 1.375% 7/26/2027 (b)
EUR
150,000
169,678
Terna - Rete Elettrica Nazionale 3.125% 2/17/2032 (b)
EUR
160,000
180,382
 
 
 
2,371,923
Gas Utilities - 0.1%
 
 
 
Italgas SpA 1% 12/11/2031 (b)
EUR
210,000
210,458
Snam SpA 0.75% 6/20/2029 (b)
EUR
420,000
448,545
Snam SpA 3.25% 7/1/2032 (b)
EUR
110,000
123,909
Snam SpA 3.875% 2/19/2034 (b)
EUR
100,000
115,311
 
 
 
898,223
Multi-Utilities - 0.0%
 
 
 
A2A SpA 0.625% 7/15/2031 (b)
EUR
140,000
139,020
ACEA SpA 1.5% 6/8/2027 (b)
EUR
217,000
246,351
Hera SpA 0.875% 7/5/2027 (b)
EUR
190,000
213,809
 
 
 
599,180
TOTAL UTILITIES
 
 
3,869,326
TOTAL ITALY
 
 
11,310,049
JAPAN - 0.3%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
NTT Finance Corp 3.678% 7/16/2033 (b)
EUR
210,000
240,541
NTT Finance Corp 4.091% 7/16/2037 (b)
EUR
180,000
206,719
TOTAL COMMUNICATION SERVICES
 
 
447,260
Financials - 0.2%
 
 
 
Banks - 0.2%
 
 
 
Development Bank of Japan Inc 3.125% 4/13/2028 (b)
EUR
140,000
162,406
Mitsubishi UFJ Financial Group Inc 3.556% 9/5/2032 (b)(c)
EUR
220,000
252,044
Mizuho Financial Group Inc 0.797% 4/15/2030 (b)
EUR
470,000
488,127
Mizuho Financial Group Inc 1.412% 7/13/2033
JPY
12,000,000
68,883
Mizuho Financial Group Inc 4.416% 5/20/2033 (b)
EUR
100,000
119,116
Mizuho Financial Group Inc 5.628% 6/13/2028 (b)
GBP
380,000
508,721
Sumitomo Mitsui Financial Group Inc 0.632% 10/23/2029 (b)
EUR
210,000
220,486
Sumitomo Mitsui Financial Group Inc 3.573% 5/28/2032 (b)
EUR
120,000
137,200
 
 
 
1,956,983
Consumer Finance - 0.0%
 
 
 
Toyota Motor Finance Netherlands BV 3.125% 7/11/2029 (b)
EUR
280,000
320,323
Toyota Motor Finance Netherlands BV 3.5% 1/13/2028 (b)
EUR
300,000
348,540
 
 
 
668,863
TOTAL FINANCIALS
 
 
2,625,846
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Takeda Pharmaceutical Co Ltd 2% 7/9/2040
EUR
157,000
136,475
Industrials - 0.1%
 
 
 
Ground Transportation - 0.1%
 
 
 
East Japan Railway Co 1.104% 9/15/2039 (b)
EUR
160,000
128,315
East Japan Railway Co 1.162% 9/15/2028 (b)
GBP
210,000
254,389
East Japan Railway Co 3.533% 9/4/2036 (b)
EUR
130,000
145,064
East Japan Railway Co 3.727% 9/2/2037 (b)
EUR
120,000
135,100
TOTAL INDUSTRIALS
 
 
662,868
TOTAL JAPAN
 
 
3,872,449
LUXEMBOURG - 0.2%
 
 
 
Communication Services - 0.0%
 
 
 
Media - 0.0%
 
 
 
SES SA 0.875% 11/4/2027 (b)
EUR
330,000
365,585
Financials - 0.0%
 
 
 
Capital Markets - 0.0%
 
 
 
JAB Holdings BV 1% 7/14/2031 (b)
EUR
100,000
101,136
JAB Holdings BV 2.25% 12/19/2039 (b)
EUR
100,000
87,168
JAB Holdings BV 2.5% 6/25/2029 (b)
EUR
100,000
112,172
TOTAL FINANCIALS
 
 
300,476
Real Estate - 0.2%
 
 
 
Industrial REITs - 0.1%
 
 
 
Prologis International Funding II SA 1.75% 3/15/2028 (b)
EUR
514,000
577,291
Prologis International Funding II SA 2.375% 11/14/2030 (b)
EUR
230,000
251,110
Prologis International Funding II SA 3.125% 6/1/2031 (b)
EUR
120,000
133,784
 
 
 
962,185
Real Estate Management & Development - 0.1%
 
 
 
Blackstone Property Partners Europe Holdings Sarl 1.25% 4/26/2027 (b)
EUR
313,000
353,173
CBRE Open-Ended Funds SCA SICAV-SIF 0.5% 1/27/2028 (b)
EUR
200,000
218,142
Logicor Financing Sarl 1.625% 7/15/2027 (b)
EUR
290,000
328,620
Logicor Financing Sarl 4.25% 7/18/2029 (b)
EUR
220,000
257,189
P3 Group Sarl 1.625% 1/26/2029 (b)
EUR
220,000
240,043
 
 
 
1,397,167
TOTAL REAL ESTATE
 
 
2,359,352
TOTAL LUXEMBOURG
 
 
3,025,413
MEXICO - 0.0%
 
 
 
Communication Services - 0.0%
 
 
 
Wireless Telecommunication Services - 0.0%
 
 
 
America Movil SAB de CV 0.75% 6/26/2027
EUR
100,000
112,238
America Movil SAB de CV 2.125% 3/10/2028
EUR
200,000
226,010
TOTAL COMMUNICATION SERVICES
 
 
338,248
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Petroleos Mexicanos 4.75% 2/26/2029 (b)
EUR
100,000
114,809
TOTAL MEXICO
 
 
453,057
MULTI-NATIONAL - 1.7%
 
 
 
Financials - 1.7%
 
 
 
Banks - 1.4%
 
 
 
African Development Bank 0.875% 5/24/2028
EUR
87,000
96,519
Asian Development Bank 1.95% 7/22/2032
EUR
610,000
662,406
Asian Development Bank 3.3% 8/8/2028 (b)
AUD
55,000
36,581
Asian Development Bank 3.875% 7/22/2027
GBP
310,000
407,177
Asian Development Bank 4.65% 2/16/2027
CAD
700,000
511,980
Council Of Europe Development Bank 0% 4/9/2027 (b)
EUR
33,000
37,149
Council Of Europe Development Bank 1% 4/13/2029 (b)
EUR
210,000
229,693
Council Of Europe Development Bank 2.75% 6/19/2035 (b)
EUR
190,000
211,434
European Investment Bank 0% 6/17/2027
EUR
215,000
240,936
European Investment Bank 0% 9/9/2030 (b)
EUR
309,000
315,371
European Investment Bank 0.01% 5/15/2041 (b)
EUR
330,000
224,631
European Investment Bank 0.05% 10/13/2034 (b)
EUR
1,677,000
1,501,596
European Investment Bank 0.05% 11/15/2029 (b)
EUR
2,750,000
2,885,167
European Investment Bank 0.125% 6/20/2029 (b)
EUR
578,000
614,751
European Investment Bank 0.25% 1/20/2032 (b)
EUR
530,000
525,353
European Investment Bank 0.75% 7/15/2027
AUD
340,000
222,663
European Investment Bank 1% 4/14/2032 (b)
EUR
736,000
760,058
European Investment Bank 1.125% 4/13/2033 (b)
EUR
265,000
269,905
European Investment Bank 2.875% 6/18/2035 (b)
EUR
2,410,000
2,706,813
European Investment Bank 3.625% 1/12/2032 (b)
GBP
550,000
691,751
European Investment Bank 4.25% 3/19/2029
AUD
1,060,000
717,203
Inter-American Development Bank 3.15% 6/26/2029
AUD
120,000
78,244
Inter-American Development Bank 3.875% 2/15/2029
GBP
130,000
169,285
International Development Association 0% 7/15/2031 (b)
EUR
110,000
108,726
International Development Association 0.7% 1/17/2042 (b)
EUR
297,000
223,531
International Development Association 2.5% 5/28/2030 (b)
EUR
480,000
545,765
International Development Association 2.75% 9/3/2032 (b)
EUR
1,110,000
1,259,428
International Development Association 3.625% 10/28/2050 (b)
EUR
60,000
67,483
International Development Association 4.75% 10/14/2031 (b)
GBP
230,000
306,617
 
 
 
16,628,216
Financial Services - 0.3%
 
 
 
IBRD Discount Notes 0.01% 4/24/2028
EUR
687,000
751,016
IBRD Discount Notes 1% 12/21/2029
GBP
248,000
289,790
IBRD Discount Notes 1.2% 8/8/2034
EUR
403,000
400,131
IBRD Discount Notes 1.25% 12/13/2028
GBP
100,000
121,684
IBRD Discount Notes 3% 7/23/2035
EUR
660,000
747,690
IBRD Discount Notes 3.3% 8/14/2028
AUD
210,000
139,655
IBRD Discount Notes 3.45% 9/13/2038
EUR
140,000
162,055
International Finance Corp 3.15% 6/26/2029 (b)
AUD
90,000
58,805
International Finance Corp 4.5% 10/2/2028
GBP
370,000
489,732
International Finance Corp 4.5% 5/20/2030 (b)
AUD
860,000
581,365
 
 
 
3,741,923
TOTAL FINANCIALS
 
 
20,370,139
Industrials - 0.0%
 
 
 
Ground Transportation - 0.0%
 
 
 
EUROFIMA 0.15% 10/10/2034 (b)
EUR
191,000
169,712
TOTAL MULTI-NATIONAL
 
 
20,539,851
NETHERLANDS - 1.6%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Koninklijke KPN NV 3.875% 7/3/2031 (b)
EUR
300,000
351,710
Consumer Staples - 0.1%
 
 
 
Beverages - 0.1%
 
 
 
Heineken NV 1.75% 5/7/2040 (b)
EUR
160,000
136,097
Heineken NV 3.872% 10/3/2037 (b)
EUR
220,000
247,792
 
 
 
383,889
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Koninklijke Ahold Delhaize NV 0.375% 3/18/2030 (b)
EUR
120,000
123,931
Food Products - 0.0%
 
 
 
JDE Peet's NV 0.5% 1/16/2029 (b)
EUR
130,000
137,420
Magnum Icc Finance BV 4% 11/26/2037 (b)
EUR
100,000
111,040
 
 
 
248,460
TOTAL CONSUMER STAPLES
 
 
756,280
Financials - 1.4%
 
 
 
Banks - 1.3%
 
 
 
ABN AMRO Bank NV 0.375% 1/14/2035 (b)
EUR
300,000
271,188
ABN AMRO Bank NV 0.5% 9/23/2029 (b)
EUR
300,000
313,505
ABN AMRO Bank NV 1.375% 1/12/2037 (b)
EUR
400,000
377,540
ABN AMRO Bank NV 2.625% 8/30/2027 (b)
EUR
100,000
115,262
ABN AMRO Bank NV 3.875% 1/15/2032 (b)
EUR
100,000
116,017
ABN AMRO Bank NV 4.375% 10/20/2028 (b)
EUR
400,000
472,786
ABN AMRO Bank NV 4.5% 11/21/2034 (b)
EUR
100,000
120,136
ABN AMRO Bank NV 5.125% 2/22/2033 (b)(c)
EUR
200,000
235,845
BNG Bank NV 0% 1/20/2031 (b)
EUR
120,000
120,267
BNG Bank NV 0.75% 1/24/2029 (b)
EUR
2,384,000
2,600,597
BNG Bank NV 3% 1/11/2033 (b)
EUR
1,290,000
1,481,198
BNG Bank NV 3.3% 7/17/2028 (b)
AUD
1,267,000
840,974
Cooperatieve Rabobank UA 0.125% 12/1/2031 (b)
EUR
100,000
98,346
Cooperatieve Rabobank UA 0.625% 2/25/2033 (b)
EUR
100,000
94,285
Cooperatieve Rabobank UA 1.125% 5/7/2031 (b)
EUR
100,000
102,373
Cooperatieve Rabobank UA 1.875% 7/12/2028 (b)(c)
GBP
200,000
254,394
Cooperatieve Rabobank UA 3.064% 2/1/2034 (b)
EUR
400,000
458,097
Cooperatieve Rabobank UA 3.202% 5/6/2036 (b)
EUR
400,000
457,242
Cooperatieve Rabobank UA 4% 1/10/2030 (b)
EUR
500,000
589,194
ING Bank NV 0.75% 2/18/2029 (b)
EUR
100,000
108,786
ING Bank NV 2.5% 9/2/2030 (b)
EUR
400,000
452,562
ING Bank NV 2.625% 1/10/2028 (b)
EUR
100,000
115,152
ING Bank NV 3% 5/21/2034 (b)
EUR
300,000
341,233
ING Groep NV 0.25% 2/1/2030 (b)(c)
EUR
200,000
211,216
ING Groep NV 0.25% 2/18/2029 (b)(c)
EUR
500,000
545,791
ING Groep NV 1% 11/16/2032 (b)(c)
EUR
500,000
556,080
ING Groep NV 2.125% 5/26/2031 (b)(c)
EUR
400,000
462,004
ING Groep NV 3.5% 9/3/2030 (b)(c)
EUR
300,000
345,754
ING Groep NV 3.875% 8/20/2037 (b)(c)
EUR
100,000
112,408
ING Groep NV 4.75% 5/23/2034 (b)(c)
EUR
200,000
241,938
ING Groep NV 4.875% 11/14/2027 (b)(c)
EUR
200,000
233,907
ING Groep NV 4.875% 9/17/2032 (b)(c)
GBP
400,000
514,969
ING Groep NV 5% 2/20/2035 (b)(c)
EUR
100,000
119,277
Nationale-Nederlanden Bank NV/The Netherlands 1% 9/25/2028 (b)
EUR
700,000
771,598
Nationale-Nederlanden Bank NV/The Netherlands 3.25% 5/28/2027 (b)
EUR
200,000
232,443
Nederlandse Waterschapsbank NV 0.75% 10/4/2041 (b)
EUR
748,000
564,096
Nederlandse Waterschapsbank NV 3.3% 5/2/2029 (b)
AUD
40,000
26,211
 
 
 
15,074,671
Financial Services - 0.0%
 
 
 
EXOR NV 1.75% 1/18/2028 (b)
EUR
170,000
190,712
EXOR NV 3.75% 2/14/2033 (b)
EUR
110,000
125,030
 
 
 
315,742
Insurance - 0.1%
 
 
 
ASR Nederland NV 3.375% 5/2/2049 (b)(c)
EUR
100,000
113,810
NN Group NV 4.625% 1/13/2048 (b)(c)
EUR
180,000
210,941
 
 
 
324,751
TOTAL FINANCIALS
 
 
15,715,164
Health Care - 0.0%
 
 
 
Health Care Equipment & Supplies - 0.0%
 
 
 
Koninklijke Philips NV 2.125% 11/5/2029 (b)
EUR
110,000
121,597
Koninklijke Philips NV 3.25% 5/23/2030 (b)
EUR
220,000
251,370
TOTAL HEALTH CARE
 
 
372,967
Industrials - 0.0%
 
 
 
Transportation Infrastructure - 0.0%
 
 
 
Royal Schiphol Group NV 2% 4/6/2029 (b)
EUR
117,000
130,893
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Akzo Nobel NV 4% 5/24/2033 (b)
EUR
120,000
137,015
Real Estate - 0.0%
 
 
 
Real Estate Management & Development - 0.0%
 
 
 
CTP NV 0.75% 2/18/2027 (b)
EUR
108,000
121,968
CTP NV 1.25% 6/21/2029 (b)
EUR
220,000
235,376
CTP NV 3.625% 3/10/2031 (b)
EUR
120,000
134,967
TOTAL REAL ESTATE
 
 
492,311
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
Alliander NV 3% 5/6/2033 (b)
EUR
230,000
253,939
Enexis Holding NV 0.75% 7/2/2031 (b)
EUR
100,000
100,478
Enexis Holding NV 3.375% 11/13/2035 (b)
EUR
100,000
111,492
Tennet Netherlands BV 0.875% 6/16/2035 (b)
EUR
574,000
537,797
 
 
 
1,003,706
Gas Utilities - 0.0%
 
 
 
Nederlandse Gasunie NV 3.5% 4/23/2035 (b)
EUR
140,000
158,214
TOTAL UTILITIES
 
 
1,161,920
TOTAL NETHERLANDS
 
 
19,118,260
NEW ZEALAND - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Westpac Securities NZ Ltd/London 0.01% 6/8/2028 (b)
EUR
998,000
1,083,032
NORWAY - 0.4%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telenor ASA 1.125% 5/31/2029 (b)
EUR
557,000
602,955
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Equinor ASA 1.375% 5/22/2032 (b)
EUR
241,000
245,966
Financials - 0.3%
 
 
 
Banks - 0.3%
 
 
 
DNB Bank ASA 3.125% 9/21/2027 (b)(c)
EUR
170,000
196,831
DNB Bank ASA 4% 8/17/2027 (b)(c)
GBP
100,000
132,063
DNB Bank ASA 4.625% 11/1/2029 (b)(c)
EUR
200,000
238,191
SpareBank 1 Boligkreditt AS 0.01% 9/22/2027 (b)
EUR
1,151,000
1,277,385
SpareBank 1 Boligkreditt AS 2.375% 2/13/2030 (b)
EUR
380,000
429,599
 
 
 
2,274,069
Capital Markets - 0.0%
 
 
 
Kommunalbanken AS 0.05% 10/24/2029 (b)
EUR
500,000
521,598
TOTAL FINANCIALS
 
 
2,795,667
Information Technology - 0.0%
 
 
 
Semiconductors & Semiconductor Equipment - 0.0%
 
 
 
Statkraft AS 3.5% 6/9/2033 (b)
EUR
140,000
159,601
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
DNB Boligkreditt AS 0.01% 1/21/2031 (b)
EUR
200,000
200,964
DNB Boligkreditt AS 2.625% 1/28/2030 (b)
EUR
460,000
525,053
TOTAL REAL ESTATE
 
 
726,017
TOTAL NORWAY
 
 
4,530,206
PORTUGAL - 0.1%
 
 
 
Financials - 0.1%
 
 
 
Banks - 0.1%
 
 
 
Banco Santander Totta SA 3.25% 2/15/2031 (b)
EUR
100,000
116,236
Banco Santander Totta SA 3.375% 4/19/2028 (b)
EUR
400,000
466,687
TOTAL FINANCIALS
 
 
582,923
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
EDP Finance BV 1.875% 9/21/2029 (b)
EUR
100,000
109,896
EDP Servicios Financieros Espana SA 4.375% 4/4/2032 (b)
EUR
120,000
143,694
TOTAL UTILITIES
 
 
253,590
TOTAL PORTUGAL
 
 
836,513
SOUTH AFRICA - 0.0%
 
 
 
Materials - 0.0%
 
 
 
Metals & Mining - 0.0%
 
 
 
Anglo American Capital PLC 3.75% 6/15/2029 (b)
EUR
260,000
301,636
SPAIN - 1.0%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Telefonica Emisiones SA 0.664% 2/3/2030 (b)
EUR
300,000
312,440
Telefonica Emisiones SA 1.93% 10/17/2031 (b)
EUR
300,000
317,528
Telefonica Emisiones SA 4.055% 1/24/2036 (b)
EUR
200,000
225,258
TOTAL COMMUNICATION SERVICES
 
 
855,226
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Repsol Europe Finance Sarl 3.625% 9/5/2034 (b)
EUR
100,000
113,795
Financials - 0.7%
 
 
 
Banks - 0.7%
 
 
 
Banco Bilbao Vizcaya Argentaria SA 3.375% 9/20/2027 (b)
EUR
1,100,000
1,277,202
Banco Bilbao Vizcaya Argentaria SA 3.5% 3/26/2031 (b)
EUR
200,000
232,882
Banco Bilbao Vizcaya Argentaria SA 4% 2/25/2037 (b)(c)
EUR
100,000
113,722
Banco Bilbao Vizcaya Argentaria SA 4.375% 10/14/2029 (b)
EUR
300,000
361,190
Banco Bilbao Vizcaya Argentaria SA 5.75% 9/15/2033 (b)(c)
EUR
300,000
359,273
Banco de Sabadell SA 3.5% 5/27/2031 (b)(c)
EUR
200,000
228,983
Banco Santander SA 0.2% 2/11/2028 (b)
EUR
300,000
328,606
Banco Santander SA 2.125% 2/8/2028 (b)
EUR
100,000
112,989
Banco Santander SA 2.25% 10/4/2032 (b)(c)
GBP
300,000
380,939
Banco Santander SA 2.875% 7/14/2033 (b)
EUR
500,000
564,369
Banco Santander SA 3.25% 4/2/2029 (b)(c)
EUR
300,000
345,636
Banco Santander SA 3.5% 1/9/2030 (b)(c)
EUR
300,000
348,053
Banco Santander SA 3.75% 1/9/2034 (b)
EUR
200,000
230,980
Banco Santander SA 3.875% 4/22/2029 (b)
EUR
400,000
467,882
Banco Santander SA 5.125% 1/25/2030 (b)
GBP
100,000
132,157
Banco Santander SA 5.625% 1/27/2031 (b)(c)
GBP
400,000
533,165
Banco Santander SA 5.75% 8/23/2033 (b)(c)
EUR
100,000
119,749
Bankinter SA 4.375% 5/3/2030 (b)(c)
EUR
200,000
237,583
CaixaBank SA 0.5% 2/9/2029 (b)(c)
EUR
400,000
439,286
CaixaBank SA 0.75% 5/26/2028 (b)(c)
EUR
300,000
337,535
CaixaBank SA 3.375% 6/26/2035 (b)
EUR
100,000
111,443
CaixaBank SA 3.625% 9/19/2032 (b)(c)
EUR
100,000
114,771
CaixaBank SA 3.75% 1/27/2036 (b)(c)
EUR
100,000
112,484
CaixaBank SA 5% 7/19/2029 (b)(c)
EUR
100,000
119,674
CaixaBank SA 5.375% 11/14/2030 (b)(c)
EUR
200,000
245,499
CaixaBank SA 6.25% 2/23/2033 (b)(c)
EUR
600,000
720,213
TOTAL FINANCIALS
 
 
8,576,265
Industrials - 0.0%
 
 
 
Transportation Infrastructure - 0.0%
 
 
 
Abertis Infraestructuras SA 1.875% 3/26/2032 (b)
EUR
100,000
103,899
Abertis Infraestructuras SA 2.375% 9/27/2027 (b)
EUR
400,000
457,143
TOTAL INDUSTRIALS
 
 
561,042
Information Technology - 0.1%
 
 
 
Communications Equipment - 0.1%
 
 
 
Cellnex Finance Co SA 1% 9/15/2027 (b)
EUR
400,000
448,576
Cellnex Finance Co SA 3.5% 5/22/2032 (b)
EUR
100,000
112,693
Cellnex Finance Co SA 3.625% 1/24/2029 (b)
EUR
200,000
231,747
TOTAL INFORMATION TECHNOLOGY
 
 
793,016
Utilities - 0.1%
 
 
 
Electric Utilities - 0.0%
 
 
 
Iberdrola Finanzas SA 3.375% 11/22/2032 (b)
EUR
200,000
228,301
Iberdrola Finanzas SA 3.5% 5/16/2035 (b)
EUR
100,000
112,857
 
 
 
341,158
Gas Utilities - 0.1%
 
 
 
Naturgy Finance Iberia SA 1.5% 1/29/2028 (b)
EUR
600,000
674,258
TOTAL UTILITIES
 
 
1,015,416
TOTAL SPAIN
 
 
11,914,760
SWEDEN - 1.0%
 
 
 
Communication Services - 0.0%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
Telia Co AB 0.125% 11/27/2030 (b)
EUR
310,000
308,410
Financials - 0.9%
 
 
 
Banks - 0.7%
 
 
 
Lansforsakringar Hypotek AB 2.75% 3/25/2030 (b)
EUR
490,000
561,047
Lansforsakringar Hypotek AB 3.75% 9/30/2030 (b)
SEK
4,000,000
433,082
Skandinaviska Enskilda Banken AB 0.625% 11/12/2029 (b)
EUR
200,000
208,903
Skandinaviska Enskilda Banken AB 0.75% 11/15/2027 (b)
EUR
100,000
111,765
Skandinaviska Enskilda Banken AB 2.375% 5/8/2030 (b)
EUR
630,000
711,113
Skandinaviska Enskilda Banken AB 3% 11/6/2028 (b)
SEK
4,000,000
423,689
Skandinaviska Enskilda Banken AB 3% 2/10/2032 (b)
EUR
150,000
169,540
Skandinaviska Enskilda Banken AB 3.25% 5/4/2028 (b)
EUR
250,000
291,329
Skandinaviska Enskilda Banken AB 3.75% 2/7/2028 (b)
EUR
160,000
186,675
Stadshypotek AB 0.01% 11/24/2028 (b)
EUR
1,850,000
1,983,367
Stadshypotek AB 2% 9/1/2028 (b)
SEK
10,000,000
1,035,665
Svenska Handelsbanken AB 0.5% 2/18/2030 (b)
EUR
200,000
206,990
Svenska Handelsbanken AB 1.375% 2/23/2029 (b)
EUR
110,000
120,508
Svenska Handelsbanken AB 3.25% 6/1/2033 (b)(c)
EUR
170,000
193,993
Svenska Handelsbanken AB 3.25% 8/27/2031 (b)
EUR
100,000
113,947
Sveriges Sakerstallda Obligationer AB 0.01% 3/14/2030 (b)
EUR
620,000
638,405
Sveriges Sakerstallda Obligationer AB 3.5% 6/14/2028 (b)
SEK
8,000,000
857,155
Swedbank AB 0.3% 5/20/2027 (b)(c)
EUR
240,000
276,669
Swedbank AB 2.1% 5/25/2027 (b)
EUR
108,000
123,745
Swedbank AB 3.25% 9/24/2029 (b)
EUR
230,000
264,303
 
 
 
8,911,890
Financial Services - 0.2%
 
 
 
Danske Hypotek AB 3.5% 12/15/2027 (b)
SEK
8,000,000
855,626
Investor AB 0.375% 10/29/2035 (b)
EUR
110,000
92,678
Investor AB 1.5% 9/12/2030 (b)
EUR
220,000
233,973
Swedbank Hypotek AB 3% 10/29/2030 (b)
SEK
2,800,000
293,825
Swedbank Hypotek AB 3% 3/28/2029 (b)
SEK
1,900,000
201,131
Swedbank Hypotek AB 3.125% 7/5/2028 (b)
EUR
390,000
453,364
 
 
 
2,130,597
TOTAL FINANCIALS
 
 
11,042,487
Real Estate - 0.1%
 
 
 
Real Estate Management & Development - 0.1%
 
 
 
Akelius Residential Property Financing BV 1% 1/17/2028 (b)
EUR
100,000
109,292
Balder Finland Oyj 1% 1/20/2029 (b)
EUR
130,000
138,274
Fastighets AB Balder 1.25% 1/28/2028 (b)
EUR
108,000
119,059
Heimstaden Bostad AB 3.875% 11/5/2029 (b)
EUR
140,000
160,051
Heimstaden Bostad Treasury BV 1.375% 7/24/2028 (b)
EUR
135,000
148,032
TOTAL REAL ESTATE
 
 
674,708
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Vattenfall AB 0.125% 2/12/2029 (b)
EUR
108,000
114,479
TOTAL SWEDEN
 
 
12,140,084
SWITZERLAND - 0.9%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.1%
 
 
 
Swisscom Finance BV 0.375% 11/14/2028 (b)
EUR
590,000
634,667
Swisscom Finance BV 3.5% 8/29/2028 (b)
EUR
680,000
790,940
TOTAL COMMUNICATION SERVICES
 
 
1,425,607
Financials - 0.8%
 
 
 
Banks - 0.5%
 
 
 
Pfandbriefzentrale der schweizerischen Kantonalbanken AG 0% 3/13/2028 (b)
CHF
600,000
744,816
Pfandbriefzentrale der schweizerischen Kantonalbanken AG 0% 7/25/2031 (b)
CHF
340,000
412,590
Pfandbriefzentrale der schweizerischen Kantonalbanken AG 0.1% 12/3/2031 (b)
CHF
795,000
967,176
Pfandbriefzentrale der schweizerischen Kantonalbanken AG 0.125% 3/23/2032 (b)
CHF
1,000,000
1,214,916
Pfandbriefzentrale der schweizerischen Kantonalbanken AG 0.5% 11/24/2028 (b)
CHF
40,000
50,146
UBS AG/Australia 5.808% 11/24/2028 (b)
AUD
90,000
62,832
UBS AG/London 0.25% 9/1/2028 (b)
EUR
1,090,000
1,168,160
 
 
 
4,620,636
Capital Markets - 0.1%
 
 
 
UBS Group AG 0.65% 1/14/2028 (b)(c)
EUR
100,000
113,539
UBS Group AG 1% 6/24/2027 (b)(c)
EUR
150,000
172,761
UBS Group AG 2.125% 11/15/2029 (b)(c)
GBP
130,000
158,973
UBS Group AG 2.875% 4/2/2032 (b)(c)
EUR
590,000
655,042
UBS Group AG 3.25% 2/12/2034 (b)(c)
EUR
250,000
276,540
 
 
 
1,376,855
Financial Services - 0.2%
 
 
 
Pfandbriefbank schweizerischer Hypothekarinstitute AG 0% 10/26/2029 (b)
CHF
50,000
61,478
Pfandbriefbank schweizerischer Hypothekarinstitute AG 0% 8/26/2049 (b)
CHF
520,000
503,269
Pfandbriefbank schweizerischer Hypothekarinstitute AG 0.125% 12/19/2031 (b)
CHF
1,270,000
1,547,513
Pfandbriefbank schweizerischer Hypothekarinstitute AG 0.125% 3/19/2031 (b)
CHF
460,000
562,911
 
 
 
2,675,171
Insurance - 0.0%
 
 
 
Argentum Netherlands BV for Zurich Insurance Co Ltd 2.75% 2/19/2049 (b)(c)
EUR
120,000
135,303
Zurich Finance Ireland Designated Activity Co 1.625% 6/17/2039 (b)
EUR
100,000
87,409
 
 
 
222,712
TOTAL FINANCIALS
 
 
8,895,374
Health Care - 0.0%
 
 
 
Health Care Providers & Services - 0.0%
 
 
 
Lonza Finance International NV 3.875% 4/24/2036 (b)
EUR
100,000
113,434
Industrials - 0.0%
 
 
 
Building Products - 0.0%
 
 
 
ABB Finance BV 0% 1/19/2030 (b)
EUR
130,000
132,585
Materials - 0.0%
 
 
 
Chemicals - 0.0%
 
 
 
Firmenich Productions Participations SAS 1.75% 4/30/2030 (b)
EUR
290,000
313,668
Construction Materials - 0.0%
 
 
 
Holcim Finance Luxembourg SA 0.5% 4/23/2031 (b)
EUR
130,000
128,566
TOTAL MATERIALS
 
 
442,234
TOTAL SWITZERLAND
 
 
11,009,234
UNITED KINGDOM - 2.3%
 
 
 
Communication Services - 0.1%
 
 
 
Diversified Telecommunication Services - 0.0%
 
 
 
British Telecommunications PLC 3.625% 11/21/2047 (b)
GBP
110,000
94,899
British Telecommunications PLC 3.75% 1/3/2035 (b)
EUR
100,000
112,448
British Telecommunications PLC 3.75% 5/13/2031 (b)
EUR
270,000
313,769
 
 
 
521,116
Media - 0.0%
 
 
 
Informa PLC 1.25% 4/22/2028 (b)
EUR
250,000
276,091
WPP Finance SA 4.125% 5/30/2028 (b)
EUR
170,000
197,979
 
 
 
474,070
Wireless Telecommunication Services - 0.1%
 
 
 
CK Hutchison Group Telecom Finance SA 1.125% 10/17/2028 (b)
EUR
100,000
109,047
Vodafone Group PLC 6.375% 7/3/2050 (b)
GBP
110,000
139,721
Vodafone International Financing DAC 3.75% 12/2/2034 (b)
EUR
330,000
374,508
 
 
 
623,276
TOTAL COMMUNICATION SERVICES
 
 
1,618,462
Consumer Discretionary - 0.1%
 
 
 
Diversified Consumer Services - 0.0%
 
 
 
WPP Finance 2013 3.625% 6/9/2031 (b)
EUR
110,000
121,510
Hotels, Restaurants & Leisure - 0.0%
 
 
 
Compass Group Finance Netherlands BV 3% 3/8/2030 (b)
EUR
220,000
250,630
Household Durables - 0.1%
 
 
 
Clarion Funding PLC 1.25% 11/13/2032 (b)
GBP
120,000
122,154
Clarion Funding PLC 1.875% 1/22/2035 (b)
GBP
160,000
154,757
 
 
 
276,911
TOTAL CONSUMER DISCRETIONARY
 
 
649,051
Consumer Staples - 0.3%
 
 
 
Beverages - 0.1%
 
 
 
CCEP Finance Ireland DAC 0.875% 5/6/2033 (b)
EUR
210,000
200,629
Coca-Cola Europacific Partners PLC 0.7% 9/12/2031 (b)
EUR
170,000
168,903
Diageo Capital BV 1.5% 6/8/2029 (b)
EUR
240,000
262,537
Diageo Finance PLC 2.75% 6/8/2038 (b)
GBP
150,000
144,547
Diageo Finance PLC 3.125% 2/28/2031 (b)
EUR
270,000
306,412
 
 
 
1,083,028
Consumer Staples Distribution & Retail - 0.0%
 
 
 
Tesco Corporate Treasury Services PLC 1.875% 11/2/2028 (b)
GBP
380,000
465,229
Household Products - 0.0%
 
 
 
Reckitt Benckiser Treasury Services Nederland BV 0.75% 5/19/2030 (b)
EUR
400,000
414,511
Personal Care Products - 0.0%
 
 
 
Unilever Finance Netherlands BV 3.5% 2/15/2037 (b)
EUR
390,000
434,661
Tobacco - 0.2%
 
 
 
BAT International Finance PLC 2.25% 6/26/2028 (b)
GBP
240,000
298,156
BAT International Finance PLC 4.125% 4/12/2032 (b)
EUR
160,000
186,368
BAT Netherlands Finance BV 3.125% 4/7/2028 (b)
EUR
100,000
115,347
BAT Netherlands Finance BV 5.375% 2/16/2031 (b)
EUR
260,000
321,689
Imperial Brands Finance Netherlands BV 5.25% 2/15/2031 (b)
EUR
220,000
268,663
 
 
 
1,190,223
TOTAL CONSUMER STAPLES
 
 
3,587,652
Financials - 1.2%
 
 
 
Banks - 0.8%
 
 
 
Barclays PLC 0.577% 8/9/2029 (b)(c)
EUR
810,000
874,915
Barclays PLC 1.106% 5/12/2032 (b)(c)
EUR
110,000
111,055
Barclays PLC 3.25% 1/17/2033
GBP
399,000
451,140
Barclays PLC 4.506% 1/31/2033 (b)(c)
EUR
170,000
201,334
Barclays PLC 4.973% 5/31/2036 (b)(c)
EUR
130,000
153,968
Barclays PLC 5.746% 7/31/2032 (b)(c)
GBP
130,000
172,425
HSBC Holdings PLC 3% 5/29/2030 (c)
GBP
130,000
160,761
HSBC Holdings PLC 3% 7/22/2028 (c)
GBP
110,000
141,777
HSBC Holdings PLC 3.313% 5/13/2030 (b)(c)
EUR
230,000
263,533
HSBC Holdings PLC 3.445% 9/25/2030 (b)(c)
EUR
200,000
229,575
HSBC Holdings PLC 3.608% 12/1/2033 (b)(c)
EUR
170,000
192,563
HSBC Holdings PLC 3.755% 5/20/2029 (b)(c)
EUR
210,000
244,185
HSBC Holdings PLC 3.911% 5/13/2034 (b)(c)
EUR
130,000
148,751
HSBC Holdings PLC 4.768% 8/28/2031 (b)(c)
AUD
270,000
178,893
HSBC Holdings PLC 6.364% 11/16/2032 (b)(c)
EUR
600,000
718,825
HSBC Holdings PLC 8.201% 11/16/2034 (b)(c)
GBP
470,000
669,855
Lloyds Bank PLC 0.125% 9/23/2029 (b)
EUR
100,000
104,669
Lloyds Banking Group PLC 1.985% 12/15/2031 (c)
GBP
934,000
1,218,822
Lloyds Banking Group PLC 2% 4/12/2028 (b)(c)
GBP
140,000
179,425
Lloyds Banking Group PLC 3.5% 11/6/2030 (b)(c)
EUR
210,000
241,850
Lloyds Banking Group PLC 5.189% 5/28/2031 (b)(c)
AUD
370,000
249,668
Lloyds Banking Group PLC 5.25% 10/16/2031 (b)(c)
GBP
140,000
183,905
Lloyds Banking Group PLC 5.802% 3/17/2029 (c)
AUD
100,000
69,272
Lloyds Banking Group PLC 6.625% 6/2/2033 (b)(c)
GBP
160,000
215,983
NatWest Group PLC 1.043% 9/14/2032 (b)(c)
EUR
710,000
793,016
NatWest Group PLC 3.575% 9/12/2032 (b)(c)
EUR
240,000
274,820
NatWest Group PLC 3.632% 9/3/2034 (b)(c)
EUR
110,000
123,960
NatWest Group PLC 4.771% 2/16/2029 (b)(c)
EUR
120,000
141,990
NatWest Markets PLC 5.899% 8/23/2028 (b)
AUD
490,000
340,895
NatWest Markets PLC 6.375% 11/8/2027 (b)
GBP
280,000
377,246
Santander UK Group Holdings PLC 7.098% 11/16/2027 (b)(c)
GBP
110,000
147,504
Santander UK PLC 3% 3/12/2029 (b)
EUR
390,000
450,486
Standard Chartered PLC 0.8% 11/17/2029 (b)(c)
EUR
110,000
118,575
Standard Chartered PLC 0.85% 1/27/2028 (b)(c)
EUR
107,000
121,574
Standard Chartered PLC 4.196% 3/4/2032 (b)(c)
EUR
120,000
140,319
 
 
 
10,407,534
Capital Markets - 0.0%
 
 
 
London Stock Exchange Group PLC 1.75% 9/19/2029 (b)
EUR
110,000
119,282
Consumer Finance - 0.1%
 
 
 
Motability Operations Group PLC 1.5% 1/20/2041 (b)
GBP
340,000
244,419
Motability Operations Group PLC 3.5% 7/17/2031 (b)
EUR
330,000
376,432
Motability Operations Group PLC 4.25% 6/17/2035 (b)
EUR
130,000
150,402
 
 
 
771,253
Financial Services - 0.2%
 
 
 
LCR Finance PLC 5.1% 3/7/2051
GBP
93,000
113,154
M&G PLC 5.625% 10/20/2051 (b)(c)
GBP
104,000
135,090
Nationwide Building Society 0.625% 3/25/2027 (b)
EUR
903,000
1,022,757
Nationwide Building Society 3% 3/3/2030 (b)
EUR
320,000
363,135
Nationwide Building Society 3.125% 8/18/2032 (b)
EUR
120,000
134,530
Nationwide Building Society 5.532% 1/13/2033 (b)(c)
GBP
100,000
132,028
Nationwide Building Society 6.178% 12/7/2027 (b)(c)
GBP
110,000
146,840
 
 
 
2,047,534
Insurance - 0.1%
 
 
 
Aviva PLC 6.875% 11/27/2053 (b)(c)
GBP
220,000
302,209
Legal & General Group PLC 5.125% 11/14/2048 (b)(c)
GBP
340,000
444,565
Pension Insurance Corp PLC 5.625% 9/20/2030 (b)
GBP
100,000
130,113
Standard Life PLC 5.867% 6/13/2029 (b)
GBP
100,000
132,786
Swiss RE Subordinated Finance PLC 3.89% 3/26/2033 (b)(c)
EUR
100,000
113,786
 
 
 
1,123,459
TOTAL FINANCIALS
 
 
14,469,062
Health Care - 0.0%
 
 
 
Pharmaceuticals - 0.0%
 
 
 
Astrazeneca Finance LLC 3.278% 8/5/2033 (b)
EUR
130,000
147,903
GlaxoSmithKline Capital PLC 1.625% 5/12/2035 (b)
GBP
140,000
134,752
GSK Capital BV 3.25% 11/19/2036 (b)
EUR
110,000
120,485
TOTAL HEALTH CARE
 
 
403,140
Industrials - 0.1%
 
 
 
Commercial Services & Supplies - 0.0%
 
 
 
AA Bond Co Ltd 7.375% 7/31/2050 (b)
GBP
120,000
165,026
AA Bond Co Ltd 8.45% 7/31/2050 (b)
GBP
130,000
179,435
 
 
 
344,461
Transportation Infrastructure - 0.1%
 
 
 
Gatwick Funding Ltd 2.5% 4/15/2032 (b)
GBP
220,000
262,032
Gatwick Funding Ltd 3.875% 6/24/2035 (b)
EUR
120,000
134,604
Heathrow Funding Ltd 2.625% 3/16/2028 (b)
GBP
440,000
550,333
Heathrow Funding Ltd 3.661% 1/13/2033 (b)
CAD
215,000
151,795
Heathrow Funding Ltd 4.5% 7/11/2035 (b)
EUR
160,000
189,008
Heathrow Funding Ltd 4.9% 8/6/2039
CAD
90,000
65,053
Manchester Airport Group Funding PLC 2.875% 9/30/2044 (b)
GBP
130,000
105,169
 
 
 
1,457,994
TOTAL INDUSTRIALS
 
 
1,802,455
Real Estate - 0.1%
 
 
 
Industrial REITs - 0.0%
 
 
 
Segro PLC 2.375% 10/11/2029 (b)
GBP
250,000
301,781
Real Estate Management & Development - 0.1%
 
 
 
Land Securities Capital Markets PLC 2.375% 3/29/2029 (b)
GBP
160,000
205,808
Land Securities Capital Markets PLC 4.75% 9/18/2033 (b)
GBP
140,000
180,824
London & Quadrant Housing Trust 2% 3/31/2032 (b)
GBP
112,000
122,064
London & Quadrant Housing Trust 2.25% 7/20/2029 (b)
GBP
160,000
191,732
Places for People Homes Ltd 3.625% 11/22/2028 (b)
GBP
190,000
240,825
 
 
 
941,253
TOTAL REAL ESTATE
 
 
1,243,034
Utilities - 0.4%
 
 
 
Electric Utilities - 0.1%
 
 
 
National Grid Electricity Distribution South West PLC 2.375% 5/16/2029 (b)
GBP
250,000
307,489
National Grid Electricity Transmission PLC 0.823% 7/7/2032 (b)
EUR
140,000
135,104
National Grid Electricity Transmission PLC 5.221% 9/16/2031 (b)
CAD
200,000
150,694
Northern Powergrid Yorkshire PLC 2.25% 10/9/2059 (b)
GBP
100,000
56,966
Scottish Hydro Electric Transmission PLC 3.375% 11/2/2033 (b)
EUR
100,000
111,878
South Eastern Power Networks PLC 1.75% 9/30/2034 (b)
GBP
100,000
98,226
SSE PLC 3.5% 3/18/2032 (b)
EUR
130,000
148,545
 
 
 
1,008,902
Gas Utilities - 0.0%
 
 
 
Southern Gas Networks PLC 3.1% 9/15/2036 (b)
GBP
100,000
100,830
Multi-Utilities - 0.1%
 
 
 
Cadent Finance PLC 3.125% 3/21/2040 (b)
GBP
100,000
91,484
Cadent Finance PLC 4.25% 7/5/2029 (b)
EUR
270,000
319,078
National Grid PLC 0.163% 1/20/2028 (b)
EUR
220,000
240,648
National Grid PLC 0.25% 9/1/2028 (b)
EUR
130,000
139,946
National Grid PLC 3.875% 1/16/2029 (b)
EUR
220,000
257,416
 
 
 
1,048,572
Water Utilities - 0.2%
 
 
 
Anglian Water Services Financing PLC 5.375% 11/10/2033 (b)
GBP
120,000
152,267
Anglian Water Services Financing PLC 5.875% 6/20/2031 (b)
GBP
250,000
332,360
DWR Cymru Financing UK PLC 2.5% 3/31/2036 (b)
GBP
110,000
105,513
Northumbrian Water Finance PLC 5.5% 10/2/2037 (b)
GBP
100,000
122,015
Severn Trent Utilities Finance PLC 2.625% 2/22/2033 (b)
GBP
210,000
231,301
Severn Trent Utilities Finance PLC 4% 3/5/2034 (b)
EUR
110,000
127,125
Severn Trent Utilities Finance PLC 4.625% 11/30/2034 (b)
GBP
100,000
121,791
SW Finance I PLC 1.625% 3/30/2027 (b)
GBP
150,000
190,377
SW Finance I PLC 2.375% 5/28/2028 (b)
GBP
320,000
393,511
SW Finance I PLC 6.875% 8/7/2032 (b)
GBP
100,000
134,513
United Utilities Water Finance PLC 0.875% 10/28/2029 (b)
GBP
200,000
229,435
United Utilities Water Finance PLC 1.75% 2/10/2038 (b)
GBP
210,000
173,553
United Utilities Water Finance PLC 3.75% 5/23/2034 (b)
EUR
100,000
113,556
Wessex Water Services Finance PLC 1.25% 1/12/2036 (b)
GBP
110,000
93,139
Yorkshire Water Finance PLC 1.75% 10/27/2032 (b)
GBP
220,000
225,068
Yorkshire Water Finance PLC 5.25% 4/28/2030 (b)
GBP
110,000
143,233
 
 
 
2,888,757
TOTAL UTILITIES
 
 
5,047,061
TOTAL UNITED KINGDOM
 
 
28,819,917
UNITED STATES - 4.1%
 
 
 
Communication Services - 0.3%
 
 
 
Diversified Telecommunication Services - 0.3%
 
 
 
AT&T Inc 2.05% 5/19/2032
EUR
370,000
388,526
AT&T Inc 2.6% 5/19/2038
EUR
210,000
204,032
AT&T Inc 4.875% 6/1/2044
GBP
290,000
314,015
AT&T Inc 7% 4/30/2040
GBP
100,000
139,054
Comcast Corp 1.875% 2/20/2036
GBP
405,000
376,962
Verizon Communications Inc 1.125% 9/19/2035
EUR
220,000
196,740
Verizon Communications Inc 1.3% 5/18/2033
EUR
120,000
117,046
Verizon Communications Inc 3.375% 10/27/2036
GBP
486,000
511,516
Verizon Communications Inc 3.75% 2/28/2036
EUR
160,000
179,854
 
 
 
2,427,745
Entertainment - 0.0%
 
 
 
Netflix Inc 3.625% 6/15/2030 (b)
EUR
100,000
116,478
Interactive Media & Services - 0.0%
 
 
 
Alphabet Inc 3.375% 5/6/2037
EUR
340,000
374,384
Alphabet Inc 4.375% 11/6/2064
EUR
190,000
207,255
 
 
 
581,639
Media - 0.0%
 
 
 
Time Warner Cable LLC 5.75% 6/2/2031
GBP
110,000
143,301
Wireless Telecommunication Services - 0.0%
 
 
 
T-Mobile USA Inc 3.15% 2/11/2032
EUR
350,000
393,272
TOTAL COMMUNICATION SERVICES
 
 
3,662,435
Consumer Discretionary - 0.3%
 
 
 
Automobile Components - 0.0%
 
 
 
Robert Bosch Finance LLC 2.75% 5/28/2028 (b)
EUR
500,000
570,294
Automobiles - 0.1%
 
 
 
American Honda Finance Corp 3.95% 3/19/2032
EUR
150,000
171,822
Ford Credit Canada Co Cie Credit Ford Du Canada 4.222% 1/10/2028
CAD
300,000
215,666
General Motors Financial Co Inc 3.9% 1/12/2028 (b)
EUR
100,000
116,272
General Motors Financial Co Inc 4% 7/10/2030 (b)
EUR
170,000
198,225
Stellantis NV 2.75% 4/1/2032 (b)
EUR
200,000
206,123
Stellantis NV 3.375% 11/19/2028 (b)
EUR
350,000
399,216
Stellantis NV 3.875% 6/6/2031 (b)
EUR
120,000
133,768
Stellantis NV 4% 3/19/2034 (b)
EUR
100,000
107,140
 
 
 
1,548,232
Hotels, Restaurants & Leisure - 0.1%
 
 
 
Booking Holdings Inc 4.125% 5/12/2033
EUR
430,000
503,600
Booking Holdings Inc 4.5% 11/15/2031
EUR
150,000
180,229
Booking Holdings Inc 4.5% 5/9/2046
EUR
110,000
120,466
McDonald's Corp 1.6% 3/15/2031 (b)
EUR
200,000
210,603
McDonald's Corp 3% 5/31/2034 (b)
EUR
130,000
141,051
McDonald's Corp 4.107% 8/21/2032
CAD
370,000
265,868
 
 
 
1,421,817
Textiles, Apparel & Luxury Goods - 0.1%
 
 
 
VF Corp 0.25% 2/25/2028
EUR
606,000
641,220
TOTAL CONSUMER DISCRETIONARY
 
 
4,181,563
Consumer Staples - 0.4%
 
 
 
Beverages - 0.1%
 
 
 
Coca-Cola Co/The 0.375% 3/15/2033
EUR
906,000
846,356
PepsiCo Inc 0.4% 10/9/2032
EUR
440,000
416,429
 
 
 
1,262,785
Consumer Staples Distribution & Retail - 0.1%
 
 
 
Mondelez International Holdings Netherlands BV 0.25% 9/9/2029 (b)
EUR
310,000
322,186
Mondelez International Holdings Netherlands BV 0.875% 10/1/2031 (b)
EUR
110,000
110,322
Nestle Finance International Ltd 0.25% 6/14/2029 (b)
EUR
120,000
127,385
Nestle Finance International Ltd 1.25% 11/2/2029 (b)
EUR
30,000
32,611
Nestle Finance International Ltd 3% 1/23/2031 (b)
EUR
200,000
229,634
Nestle Finance International Ltd 3.25% 1/23/2037 (b)
EUR
290,000
318,984
Nestle Holdings Inc 1.375% 6/23/2033 (b)
GBP
120,000
123,997
 
 
 
1,265,119
Food Products - 0.0%
 
 
 
General Mills Inc 3.907% 4/13/2029
EUR
210,000
245,807
Mondelez International Inc 4.625% 7/3/2031
CAD
210,000
155,152
 
 
 
400,959
Household Products - 0.1%
 
 
 
Procter & Gamble Co/The 1.8% 5/3/2029
GBP
381,000
464,892
Procter & Gamble Co/The 3.25% 8/2/2031
EUR
240,000
277,125
 
 
 
742,017
Personal Care Products - 0.0%
 
 
 
Haleon Netherlands Capital BV 1.75% 3/29/2030 (b)
EUR
190,000
205,823
Tobacco - 0.1%
 
 
 
Altria Group Inc 2.2% 6/15/2027
EUR
398,000
455,637
Altria Group Inc 3.125% 6/15/2031
EUR
174,000
194,811
Philip Morris International Inc 1.45% 8/1/2039
EUR
100,000
81,078
Philip Morris International Inc 2% 5/9/2036
EUR
210,000
198,839
 
 
 
930,365
TOTAL CONSUMER STAPLES
 
 
4,807,068
Energy - 0.1%
 
 
 
Energy Equipment & Services - 0.0%
 
 
 
Schlumberger Finance BV 2% 5/6/2032 (b)
EUR
230,000
242,745
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
BP Capital Markets BV 0.933% 12/4/2040 (b)
EUR
290,000
210,254
BP Capital Markets BV 1.467% 9/21/2041 (b)
EUR
100,000
76,743
BP Capital Markets PLC 1.637% 6/26/2029 (b)
EUR
100,000
109,448
Exxon Mobil Corp 0.835% 6/26/2032
EUR
160,000
158,086
Shell International Finance BV 0.5% 11/8/2031 (b)
EUR
310,000
305,771
Shell International Finance BV 1.25% 11/11/2032 (b)
EUR
130,000
130,527
 
 
 
990,829
TOTAL ENERGY
 
 
1,233,574
Financials - 1.6%
 
 
 
Banks - 0.6%
 
 
 
Bank of America Corp 0.654% 10/26/2031 (b)(c)
EUR
200,000
202,367
Bank of America Corp 0.694% 3/22/2031 (b)(c)
EUR
486,000
501,720
Bank of America Corp 1.667% 6/2/2029 (b)(c)
GBP
100,000
123,223
Bank of America Corp 2.824% 4/27/2033 (b)(c)
EUR
160,000
175,550
Bank of America Corp 3.485% 3/10/2034 (b)(c)
EUR
160,000
180,789
Citigroup Inc 2.928% 10/22/2030 (c)
EUR
250,000
283,012
Citigroup Inc 4.112% 9/22/2033 (b)(c)
EUR
220,000
257,947
Citigroup Inc 4.113% 4/29/2036 (c)
EUR
110,000
126,445
Citigroup Inc 4.55% 6/3/2035 (c)
CAD
220,000
159,250
Citigroup Inc 5.07% 4/29/2028 (c)
CAD
1,560,000
1,142,259
John Deere Bank SA 3.3% 10/15/2029 (b)
EUR
200,000
229,889
JPMorgan Chase & Co 0.389% 2/24/2028 (b)(c)
EUR
792,000
894,259
JPMorgan Chase & Co 0.597% 2/17/2033 (b)(c)
EUR
160,000
154,842
JPMorgan Chase & Co 1.001% 7/25/2031 (b)(c)
EUR
100,000
103,555
JPMorgan Chase & Co 1.638% 5/18/2028 (b)(c)
EUR
210,000
238,679
JPMorgan Chase & Co 3.588% 1/23/2036 (b)(c)
EUR
380,000
424,675
Wells Fargo & Co 2.125% 9/24/2031 (b)
GBP
350,000
394,436
Wells Fargo & Co 5.083% 4/26/2028 (c)
CAD
1,570,000
1,149,488
 
 
 
6,742,385
Capital Markets - 0.3%
 
 
 
Athene Global Funding 2.47% 6/9/2028 (b)
CAD
510,000
354,144
Athene Global Funding 3.41% 2/25/2030 (b)
EUR
300,000
336,170
BMS Ireland Capital Funding DAC 4.581% 11/10/2055
EUR
150,000
168,771
GA Global Funding Trust 4.858% 7/22/2033 (b)
CAD
170,000
120,689
Goldman Sachs Group Inc/The 0.75% 3/23/2032 (b)
EUR
170,000
165,482
Goldman Sachs Group Inc/The 1% 3/18/2033 (b)
EUR
70,000
67,005
Goldman Sachs Group Inc/The 1.25% 2/7/2029 (b)
EUR
50,000
54,527
Goldman Sachs Group Inc/The 1.875% 12/16/2030 (b)
GBP
100,000
114,370
Goldman Sachs Group Inc/The 2% 11/1/2028 (b)
EUR
51,000
57,108
Goldman Sachs Group Inc/The 3.125% 7/25/2029 (b)
GBP
27,000
33,580
Goldman Sachs Group Inc/The 3.5% 1/23/2033 (b)(c)
EUR
180,000
204,359
Goldman Sachs Group Inc/The 3.625% 10/29/2029 (b)(c)
GBP
450,000
573,390
Morgan Stanley 0.495% 10/26/2029 (c)
EUR
100,000
107,332
Morgan Stanley 1.102% 4/29/2033 (c)
EUR
493,000
485,548
Morgan Stanley 3.749% 11/7/2036 (c)
EUR
240,000
267,537
Morgan Stanley 3.79% 3/21/2030 (c)
EUR
350,000
407,344
Morgan Stanley 4.656% 3/2/2029 (c)
EUR
330,000
390,114
Morgan Stanley 5.789% 11/18/2033 (c)
GBP
170,000
228,315
Nasdaq Inc 0.875% 2/13/2030
EUR
100,000
104,689
 
 
 
4,240,474
Consumer Finance - 0.1%
 
 
 
Ford Motor Credit Co LLC 4.165% 11/21/2028
EUR
160,000
185,101
Ford Motor Credit Co LLC 4.867% 8/3/2027
EUR
320,000
374,494
Ford Motor Credit Co LLC 5.625% 10/9/2028
GBP
280,000
368,978
Ford Motor Credit Co LLC 6.125% 5/15/2028
EUR
130,000
156,447
General Motors Financial of Canada Ltd 3.15% 2/8/2027
CAD
200,000
143,676
John Deere Financial Ltd 4.45% 6/21/2030
AUD
290,000
191,440
 
 
 
1,420,136
Financial Services - 0.4%
 
 
 
Berkshire Hathaway Inc 2.15% 3/15/2028
EUR
797,000
905,184
CRH SMW Finance DAC 4% 7/11/2031 (b)
EUR
120,000
140,688
DH Europe Finance II Sarl 0.75% 9/18/2031
EUR
456,000
456,415
DH Europe Finance II Sarl 1.35% 9/18/2039
EUR
192,000
159,265
Fidelity National Information Services Inc 1.5% 5/21/2027
EUR
758,000
858,673
Fiserv Inc 1.625% 7/1/2030
EUR
320,000
335,533
Nestle Capital Corp 4.55% 3/13/2030 (b)
AUD
1,740,000
1,168,159
Upjohn Finance BV 1.362% 6/23/2027 (b)
EUR
460,000
520,282
Visa Inc 2.375% 6/15/2034
EUR
210,000
222,628
 
 
 
4,766,827
Insurance - 0.2%
 
 
 
Berkshire Hathaway Fin Corp 2.375% 6/19/2039
GBP
270,000
239,516
Chubb INA Holdings LLC 1.55% 3/15/2028
EUR
639,000
715,297
MassMutual Global Funding II 4.127% 7/15/2032 (b)
CAD
220,000
157,994
Metropolitan Life Global Funding I 0.5% 5/25/2029 (b)
EUR
100,000
105,629
Metropolitan Life Global Funding I 1.625% 10/12/2028 (b)
GBP
110,000
134,110
Metropolitan Life Global Funding I 2.45% 1/12/2029 (b)
CAD
230,000
160,885
Metropolitan Life Global Funding I 3.625% 3/26/2034 (b)
EUR
110,000
124,846
New York Life Global Funding 0.125% 7/23/2030 (b)
CHF
215,000
259,231
New York Life Global Funding 3.625% 1/9/2030 (b)
EUR
190,000
219,627
 
 
 
2,117,135
TOTAL FINANCIALS
 
 
19,286,957
Health Care - 0.4%
 
 
 
Health Care Equipment & Supplies - 0.1%
 
 
 
American Medical Systems Europe BV 3.25% 3/8/2034
EUR
170,000
188,784
Becton Dickinson & Co 3.828% 6/7/2032
EUR
110,000
126,952
Becton Dickinson Euro Finance Sarl 4.029% 6/7/2036
EUR
130,000
148,597
Medtronic Global Holdings SCA 1.625% 10/15/2050
EUR
170,000
112,212
Medtronic Global Holdings SCA 1.75% 7/2/2049
EUR
227,000
158,356
Medtronic Inc 4.2% 10/15/2045
EUR
100,000
110,645
Stryker Corp 1% 12/3/2031
EUR
200,000
201,321
Thermo Fisher Scientific Finance I BV 1.625% 10/18/2041
EUR
150,000
120,549
Thermo Fisher Scientific Finance I BV 2% 10/18/2051
EUR
170,000
123,081
 
 
 
1,290,497
Health Care Providers & Services - 0.1%
 
 
 
McKesson Corp 3.125% 2/17/2029
GBP
573,000
721,044
Life Sciences Tools & Services - 0.0%
 
 
 
Thermo Fisher Scientific Inc 1.875% 10/1/2049
EUR
106,000
76,772
Pharmaceuticals - 0.2%
 
 
 
Eli Lilly & Co 1.7% 11/1/2049
EUR
140,000
101,670
Johnson & Johnson 3.2% 6/1/2032
EUR
260,000
298,873
Johnson & Johnson 3.35% 2/26/2037
EUR
110,000
122,348
Johnson & Johnson 3.6% 2/26/2045
EUR
160,000
171,700
MSD Netherlands Capital BV 3.25% 5/30/2032
EUR
170,000
193,645
MSD Netherlands Capital BV 3.7% 5/30/2044
EUR
100,000
105,569
Novartis Finance SA 1.375% 8/14/2030 (b)
EUR
340,000
364,675
Pfizer Inc 2.735% 6/15/2043 (b)
GBP
110,000
93,185
Pfizer Netherlands International Finance BV 3.25% 5/19/2032
EUR
220,000
250,604
Roche Finance Europe BV 3.227% 5/3/2030 (b)
EUR
380,000
440,363
Roche Finance Europe BV 3.564% 5/3/2044 (b)
EUR
130,000
139,856
Sanofi SA 0.875% 3/21/2029 (b)
EUR
700,000
758,538
 
 
 
3,041,026
TOTAL HEALTH CARE
 
 
5,129,339
Industrials - 0.3%
 
 
 
Aerospace & Defense - 0.0%
 
 
 
GE Aerospace 2.125% 5/17/2037
EUR
230,000
223,885
Air Freight & Logistics - 0.0%
 
 
 
FedEx Corp 0.95% 5/4/2033
EUR
371,000
345,529
Building Products - 0.1%
 
 
 
Carrier Global Corp 4.125% 5/29/2028
EUR
260,000
304,816
Johnson Controls International PLC / Tyco Fire & Security Finance SCA 3.125% 12/11/2033
EUR
100,000
110,054
 
 
 
414,870
Electrical Equipment - 0.2%
 
 
 
Schneider Electric SE 3% 1/10/2031 (b)
EUR
300,000
341,083
Schneider Electric SE 3.25% 11/9/2027 (b)
EUR
1,100,000
1,273,554
Schneider Electric SE 3.624% 9/2/2037 (b)
EUR
100,000
112,338
 
 
 
1,726,975
Industrial Conglomerates - 0.0%
 
 
 
Honeywell International Inc 0.75% 3/10/2032
EUR
150,000
146,972
Machinery - 0.0%
 
 
 
CNH Industrial NV 3.75% 6/11/2031 (b)
EUR
140,000
160,382
Illinois Tool Works Inc 1% 6/5/2031
EUR
100,000
102,397
 
 
 
262,779
Marine Transportation - 0.0%
 
 
 
AP Moller - Maersk A/S 3.75% 3/5/2032 (b)
EUR
120,000
139,070
TOTAL INDUSTRIALS
 
 
3,260,080
Information Technology - 0.1%
 
 
 
IT Services - 0.0%
 
 
 
IBM Corporation 1.2% 2/11/2040
EUR
272,000
212,349
IBM Corporation 4% 2/6/2043
EUR
100,000
107,918
IBM Corporation 4.875% 2/6/2038
GBP
140,000
165,724
 
 
 
485,991
Technology Hardware, Storage & Peripherals - 0.1%
 
 
 
Apple Inc 0.5% 11/15/2031
EUR
911,000
909,486
TOTAL INFORMATION TECHNOLOGY
 
 
1,395,477
Materials - 0.2%
 
 
 
Chemicals - 0.2%
 
 
 
Air Products and Chemicals Inc 0.5% 5/5/2028
EUR
1,223,000
1,336,234
Dow Chemical Co/The 1.875% 3/15/2040
EUR
232,000
185,674
Linde PLC 0.375% 9/30/2033 (b)
EUR
200,000
182,241
Linde PLC 1% 9/30/2051 (b)
EUR
100,000
56,128
Linde PLC 1.625% 3/31/2035 (b)
EUR
300,000
289,315
TOTAL MATERIALS
 
 
2,049,592
Real Estate - 0.4%
 
 
 
Diversified REITs - 0.1%
 
 
 
Digital Dutch Finco BV 1.5% 3/15/2030 (b)
EUR
100,000
105,930
Digital Intrepid Holding BV 0.625% 7/15/2031 (b)
EUR
280,000
271,161
Equinix Canada Financing Ltd 4% 11/15/2032
CAD
210,000
147,006
Equinix Europe 2 Financing Corp LLC 3.25% 3/15/2031
EUR
210,000
235,428
WPC Eurobond BV 0.95% 6/1/2030
EUR
200,000
205,376
 
 
 
964,901
Industrial REITs - 0.2%
 
 
 
Prologis Euro Finance LLC 1.875% 1/5/2029
EUR
900,000
995,861
Prologis Euro Finance LLC 4% 5/5/2034
EUR
140,000
160,407
Prologis LP 2.25% 6/30/2029
GBP
619,000
753,656
Prologis LP 4.2% 2/15/2033
CAD
250,000
178,469
 
 
 
2,088,393
Real Estate Management & Development - 0.1%
 
 
 
Digital Euro Finco LLC 1.125% 4/9/2028 (b)
EUR
440,000
484,424
Digital Euro Finco LLC 4.25% 11/20/2037 (b)
EUR
120,000
131,891
 
 
 
616,315
Retail REITs - 0.0%
 
 
 
Realty Income Corp 1.75% 7/13/2033
GBP
413,000
420,451
Specialized REITs - 0.0%
 
 
 
American Tower Corp 1% 1/15/2032
EUR
140,000
137,854
American Tower Corp 3.625% 5/30/2032
EUR
100,000
113,866
Public Storage Operating Co 0.875% 1/24/2032
EUR
245,000
239,289
 
 
 
491,009
TOTAL REAL ESTATE
 
 
4,581,069
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
Duke Energy Corp 3.1% 6/15/2028
EUR
220,000
252,519
NextEra Energy Capital Holdings Inc 4.496% 5/15/2056 (c)
EUR
120,000
133,358
NextEra Energy Capital Holdings Inc 4.67% 6/12/2035
CAD
100,000
72,144
 
 
 
458,021
Gas Utilities - 0.0%
 
 
 
National Grid North America Inc 3.247% 11/25/2029 (b)
EUR
470,000
538,614
National Grid North America Inc 3.631% 9/3/2031 (b)
EUR
130,000
149,367
 
 
 
687,981
TOTAL UTILITIES
 
 
1,146,002
TOTAL UNITED STATES
 
 
50,733,156
 
TOTAL NON-CONVERTIBLE CORPORATE BONDS
 (Cost $348,080,321)
 
 
 
344,214,455
 
 
 
 
Preferred Securities - 0.4%
 
 
Principal
Amount (a)
 
Value ($)
 
FRANCE - 0.1%
 
 
 
Energy - 0.1%
 
 
 
Oil, Gas & Consumable Fuels - 0.1%
 
 
 
TotalEnergies SE 2% (b)(c)(d)
EUR
1,020,000
1,183,797
TotalEnergies SE 2.125% (b)(c)(d)
EUR
160,000
161,508
TOTAL ENERGY
 
 
1,345,305
Utilities - 0.0%
 
 
 
Multi-Utilities - 0.0%
 
 
 
Engie SA 1.5% (b)(c)(d)
EUR
300,000
331,736
Veolia Environnement SA 1.625% (b)(c)(d)
EUR
100,000
115,535
TOTAL UTILITIES
 
 
447,271
TOTAL FRANCE
 
 
1,792,576
GERMANY - 0.1%
 
 
 
Consumer Discretionary - 0.1%
 
 
 
Automobiles - 0.1%
 
 
 
Volkswagen International Finance NV 3.875% (b)(c)(d)
EUR
500,000
593,441
Volkswagen International Finance NV 4.625% (b)(c)(d)
EUR
300,000
359,007
 
 
 
 
TOTAL GERMANY
 
 
952,448
ITALY - 0.1%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Eni SpA 3.375% (b)(c)(d)
EUR
220,000
250,564
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
Enel SpA 1.375% (b)(c)(d)
EUR
600,000
675,190
Enel SpA 6.375% (b)(c)(d)
EUR
100,000
125,154
TOTAL UTILITIES
 
 
800,344
TOTAL ITALY
 
 
1,050,908
SPAIN - 0.1%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
Repsol International Finance BV 4.247% (b)(c)(d)
EUR
200,000
235,240
Utilities - 0.1%
 
 
 
Electric Utilities - 0.1%
 
 
 
Iberdrola Finanzas SA 1.575% (b)(c)(d)
EUR
300,000
337,538
Iberdrola International BV 1.825% (b)(c)(d)
EUR
100,000
107,049
TOTAL UTILITIES
 
 
444,587
TOTAL SPAIN
 
 
679,827
UNITED KINGDOM - 0.0%
 
 
 
Utilities - 0.0%
 
 
 
Electric Utilities - 0.0%
 
 
 
SSE PLC 3.74% (b)(c)(d)
GBP
216,000
295,829
UNITED STATES - 0.0%
 
 
 
Energy - 0.0%
 
 
 
Oil, Gas & Consumable Fuels - 0.0%
 
 
 
BP Capital Markets PLC 4.25% (b)(c)(d)
GBP
210,000
283,130
 
TOTAL PREFERRED SECURITIES
 (Cost $4,614,099)
 
 
 
5,054,718
 
 
 
 
 
TOTAL INVESTMENT IN SECURITIES - 99.7%
 (Cost $1,298,809,631)
 
 
 
1,225,730,666
NET OTHER ASSETS (LIABILITIES) - 0.3%  
4,304,113
NET ASSETS - 100.0%
1,230,034,779
 
 
 
Futures Contracts 
 
Number
of contracts
Expiration
Date
Notional
Amount ($)
 
Unrealized
Appreciation/
(Depreciation) ($)
 
LONG
 
 
 
 
 
 
 
 
 
Interest Rate Contracts
 
 
 
 
Eurex Deutschland German Federal Republic Contracts (Germany)
19
6/2026
2,534,976
(36,458)
ICE Long GILT Futures (United Kingdom)
7
6/2026
813,392
(42,802)
 
 
 
 
 
TOTAL FUTURES CONTRACTS
 
 
 
(79,260)
The notional amount of long futures as a percentage of Net Assets is 0.3%.

 Forward Foreign Currency Contracts
Currency
Purchased
 
Currency
Sold
 
Counterparty
Settlement
Date
Unrealized  
Appreciation/
(Depreciation) ($)
 
 
 
 
 
 
 
AUD
112,000
USD
79,275
Brown Brothers Harriman & Co.
4/2026
(2,000)
AUD
74,000
USD
51,705
JPMorgan Chase Bank NA
4/2026
(648)
AUD
25,000
USD
17,520
JPMorgan Chase Bank NA
4/2026
(271)
AUD
74,709,000
USD
51,220,490
Royal Bank of Canada
4/2026
324,984
AUD
2,340,240
USD
1,605,568
State Street Bank & Trust Co
4/2026
9,080
CAD
83,000
USD
60,791
Canadian Imperial Bank of Commerce
4/2026
(1,126)
CAD
37,000
USD
27,251
JPMorgan Chase Bank NA
4/2026
(654)
CAD
126,780,938
USD
91,061,252
JPMorgan Chase Bank NA
4/2026
75,933
CAD
3,624,000
USD
2,600,355
Royal Bank of Canada
5/2026
8,448
CHF
14,042,000
USD
17,550,306
Bank of America NA
4/2026
10,974
CHF
109,216
USD
136,139
Royal Bank of Canada
4/2026
450
CHF
98,000
USD
122,607
Royal Bank of Canada
5/2026
414
DKK
41,652,000
USD
6,384,407
JPMorgan Chase Bank NA
4/2026
58,085
DKK
1,473,509
USD
227,084
JPMorgan Chase Bank NA
4/2026
830
EUR
683,247,000
USD
783,206,036
Bank of America NA
4/2026
6,525,013
EUR
9,069,000
USD
10,450,753
Bank of America NA
4/2026
31,651
EUR
1,304,000
USD
1,507,457
HSBC Bank USA NA
4/2026
(228)
EUR
9,356,000
USD
10,798,508
Bank of America NA
5/2026
33,040
GBP
477,000
USD
637,000
Citibank NA
4/2026
(5,643)
GBP
86,614,000
USD
114,226,543
Royal Bank of Canada
4/2026
415,747
GBP
2,068,000
USD
2,729,580
State Street Bank & Trust Co
4/2026
7,625
GBP
1,644,000
USD
2,169,861
State Street Bank & Trust Co
5/2026
6,053
HKD
878,721
USD
112,125
Canadian Imperial Bank of Commerce
4/2026
(60)
JPY
23,721,687,619
USD
148,743,966
Goldman Sachs Bank USA
4/2026
726,358
JPY
413,020,028
USD
2,597,870
JPMorgan Chase Bank NA
4/2026
4,569
JPY
184,200,000
USD
1,161,491
JPMorgan Chase Bank NA
5/2026
2,504
NOK
24,816,000
USD
2,542,623
Bank of America NA
4/2026
20,246
NZD
9,809,000
USD
5,603,882
JPMorgan Chase Bank NA
4/2026
32,860
NZD
1,289,322
USD
736,487
Canadian Imperial Bank of Commerce
4/2026
4,422
SEK
3,008,618
USD
315,817
Bank of America NA
4/2026
1,995
SEK
111,620,400
USD
11,673,210
Citibank NA
4/2026
117,698
SGD
8,872,831
USD
6,871,771
State Street Bank & Trust Co
4/2026
29,396
USD
81,052
AUD
116,000
BNP Paribas SA
4/2026
1,018
USD
2,191,558
AUD
3,077,000
Bank of America NA
4/2026
68,582
USD
356,358
AUD
508,000
JPMorgan Chase Bank NA
4/2026
5,864
USD
672,348
AUD
940,000
JPMorgan Chase Bank NA
4/2026
23,795
USD
49,940,890
AUD
70,279,000
Royal Bank of Canada
4/2026
1,451,894
USD
51,494,410
AUD
75,139,000
Royal Bank of Canada
5/2026
(326,684)
USD
580,882
AUD
847,000
State Street Bank & Trust Co
5/2026
(3,268)
USD
1,633,121
CAD
2,226,000
Brown Brothers Harriman & Co.
4/2026
32,949
USD
192,636
CAD
263,000
Canadian Imperial Bank of Commerce
4/2026
3,577
USD
88,784,747
CAD
121,397,000
JPMorgan Chase Bank NA
4/2026
1,517,836
USD
571,958
CAD
779,000
JPMorgan Chase Bank NA
4/2026
11,970
USD
1,248,355
CAD
1,700,000
JPMorgan Chase Bank NA
4/2026
26,301
USD
409,727
CAD
562,000
Royal Bank of Canada
4/2026
5,730
USD
631,292
CAD
881,047
Royal Bank of Canada
4/2026
(2,054)
USD
91,892,263
CAD
127,754,000
JPMorgan Chase Bank NA
5/2026
(73,794)
USD
17,655,540
CHF
13,624,000
Bank of America NA
4/2026
617,021
USD
97,653
CHF
76,000
Bank of America NA
4/2026
2,606
USD
211,376
CHF
162,000
HSBC Bank USA NA
4/2026
8,775
USD
229,168
CHF
180,000
JPMorgan Chase Bank NA
4/2026
4,055
USD
17,562,455
CHF
14,001,000
Bank of America NA
5/2026
(13,236)
USD
156,455
DKK
1,008,000
Bank of America NA
4/2026
543
USD
6,432,825
DKK
40,644,000
JPMorgan Chase Bank NA
4/2026
146,244
USD
96,038
DKK
622,000
JPMorgan Chase Bank NA
5/2026
(346)
USD
6,417,076
DKK
41,788,000
JPMorgan Chase Bank NA
5/2026
(58,343)
USD
1,005,369
EUR
867,000
Bank of America NA
4/2026
3,247
USD
3,001,675
EUR
2,583,000
Bank of America NA
4/2026
16,114
USD
698,165
EUR
603,000
Bank of America NA
4/2026
1,188
USD
27,281,811
EUR
23,052,000
Bank of America NA
4/2026
637,157
USD
772,803,596
EUR
653,263,000
Bank of America NA
4/2026
17,729,554
USD
3,430,473
EUR
2,977,000
JPMorgan Chase Bank NA
4/2026
(10,493)
USD
1,715,679
EUR
1,477,000
Morgan Stanley Capital Services LLC
4/2026
8,488
USD
785,974,356
EUR
684,590,000
Bank of America NA
5/2026
(6,583,322)
USD
4,464,471
GBP
3,318,000
Goldman Sachs Bank USA
4/2026
72,766
USD
540,236
GBP
402,000
JPMorgan Chase Bank NA
4/2026
8,148
USD
590,278
GBP
440,000
JPMorgan Chase Bank NA
4/2026
7,894
USD
677,950
GBP
508,000
JPMorgan Chase Bank NA
4/2026
5,561
USD
111,659,180
GBP
82,423,000
Royal Bank of Canada
4/2026
2,564,097
USD
114,544,232
GBP
86,857,000
Royal Bank of Canada
5/2026
(415,244)
USD
113,514
HKD
887,000
Canadian Imperial Bank of Commerce
4/2026
394
USD
123,869
HKD
969,000
Canadian Imperial Bank of Commerce
5/2026
57
USD
981,155
JPY
156,450,000
Bank of America NA
4/2026
(4,637)
USD
5,335,619
JPY
830,900,000
Bank of America NA
4/2026
100,120
USD
169,383
JPY
26,800,000
JPMorgan Chase Bank NA
4/2026
517
USD
859,125
JPY
135,300,000
JPMorgan Chase Bank NA
4/2026
6,600
USD
1,068,062
JPY
169,050,000
JPMorgan Chase Bank NA
4/2026
2,878
USD
143,904,714
JPY
22,404,050,000
State Street Bank & Trust Co
4/2026
2,736,824
USD
149,008,317
JPY
23,703,200,000
Goldman Sachs Bank USA
5/2026
(776,731)
USD
2,589,900
NOK
24,816,000
Royal Bank of Canada
4/2026
27,031
USD
2,561,053
NOK
24,999,000
Bank of America NA
5/2026
(20,338)
USD
291,463
NZD
492,000
Bank of America NA
4/2026
8,736
USD
5,581,418
NZD
9,317,000
JPMorgan Chase Bank NA
4/2026
227,404
USD
613,022
NZD
1,072,000
Canadian Imperial Bank of Commerce
5/2026
(3,696)
USD
5,619,882
NZD
9,826,000
JPMorgan Chase Bank NA
5/2026
(32,979)
USD
1,584,458
SEK
14,266,000
Bank of America NA
4/2026
77,483
USD
10,790,857
SEK
97,438,000
Citibank NA
4/2026
498,093
USD
88,957
SEK
846,000
Bank of America NA
5/2026
(566)
USD
11,741,777
SEK
112,088,000
Citibank NA
5/2026
(119,350)
USD
135,019
SGD
172,000
Bank of America NA
4/2026
1,240
USD
490,532
SGD
624,000
Canadian Imperial Bank of Commerce
4/2026
5,193
USD
6,418,384
SGD
8,094,000
Goldman Sachs Bank USA
4/2026
122,981
USD
6,874,559
SGD
8,856,000
State Street Bank & Trust Co
5/2026
(30,255)
 
 
 
 
 
 
 
TOTAL FORWARD FOREIGN CURRENCY CONTRACTS
 
28,760,934
Unrealized Appreciation
 
 
37,246,900
Unrealized Depreciation
 
 
(8,485,966)
 
Currency Abbreviations
         AUD
-
Australian Dollar
         CAD
-
Canadian Dollar
         CHF
-
Swiss Franc
         DKK
-
Danish Krone
         EUR
-
European Monetary Unit (Euro)
         GBP
-
British Pound Sterling
         HKD
-
Hong Kong Dollar
         JPY
-
Japanese Yen
         NOK
-
Norwegian Krone
         NZD
-
New Zealand Dollar
         RUB
-
Russian Ruble
         SEK
-
Swedish Krona
         SGD
-
Singapore Dollar
         USD
-
United States Dollar
 
Legend
 
(a)
Amount is stated in United States dollars unless otherwise noted.
 
(b)
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 $898,210,632 or 73.0% of net assets.
 
(c)
Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end.
 
(d)
Security is perpetual in nature with no stated maturity date.
 
(e)
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 $260,998,189 or 21.2% of net assets.
 
(f)
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 $68,608.
 
(g)
Level 3 security.
 
(h)
Non-income producing - Security is in default.
 
 
 
 
 
Affiliated Central Funds
 
Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.
Affiliate
Value,
beginning
of period ($)
Purchases ($)
Sales
Proceeds ($)
Dividend
Income ($)
Realized
Gain (loss) ($)
Change in
Unrealized
appreciation
(depreciation) ($)
Value,
end
of period ($)
 
 
Shares,
end
of period
% ownership,
end
of period
Fidelity Cash Central Fund
4,449,160
56,075,058
60,524,218
49,054
(265)
265
-
-
0.0%
Total
4,449,160
56,075,058
60,524,218
49,054
(265)
265
-
 
 
 
 
 
 
 
 
 
 
 
 
Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.
 
Investment Valuation
Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.   
 
The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:
 
Level 1 - Unadjusted quoted prices in active markets for identical investments
Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)
Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)
 
Valuation techniques used to value investments by major category are as follows:
Debt securities, including restricted securities, are valued based on evaluated prices received from third party pricing services or from brokers who make markets in such securities. Foreign Government and Government Agency Obligations, Non-Convertible Corporate Bonds and Preferred Securities are valued by pricing services who utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type or by broker-supplied prices. When independent prices are unavailable or unreliable, debt securities may be valued utilizing pricing methodologies which consider similar factors that would be used by third party pricing services. For foreign debt securities, when significant market or security specific events arise, valuations may be determined in good faith in accordance with procedures adopted by the Board. Debt securities are generally categorized as Level 2 in the hierarchy but may be Level 3 depending on the circumstances.
 
The U.S. dollar value of forward foreign currency contracts is determined using currency exchange rates supplied by a pricing service and are categorized as Level 2 in the hierarchy.
 
Futures contracts are valued at the settlement price established each day by the board of trade or exchange on which they are traded and are categorized as Level 1 in the hierarchy.
 
Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.
 
Derivative Instruments
Risk Exposures and the Use of Derivative Instruments: The Fund's investment objectives allow the Fund to enter into various types of derivative contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or over-the-counter (OTC). Derivatives may involve a future commitment to buy or sell a specified asset based on specified terms, to exchange future cash flows at periodic intervals based on a notional principal amount, or for one party to make one or more payments upon the occurrence of specified events in exchange for periodic payments from the other party.
 
The Fund used derivatives to increase returns, to gain exposure to certain types of assets and/or to manage exposure to certain risks as defined below. The success of any strategy involving derivatives depends on analysis of numerous economic factors, and if the strategies for investment do not work as intended, the Fund may not achieve its objectives.  
 
The Fund's use of derivatives increased or decreased its exposure to the following risk(s):
 
Foreign Exchange Risk - Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in currency exchange rates.
 
Interest Rate Risk - Interest rate risk relates to the fluctuations in the value of interest-bearing securities due to changes in the prevailing levels of market interest rates.
 
The Fund is also exposed to additional risks from investing in derivatives, such as liquidity risk and counterparty credit risk. Liquidity risk is the risk that the Fund will be unable to close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligation to the Fund. 
 
Derivative counterparty credit risk is managed through formal evaluation of the creditworthiness of all potential counterparties. On certain OTC derivatives, the Fund attempts to reduce its exposure to counterparty credit risk by entering into an International Swaps and Derivatives Association, Inc. (ISDA) Master Agreement with each of its counterparties. The ISDA Master Agreement gives the Fund the right to terminate all transactions traded under such agreement upon the deterioration in the credit quality of the counterparty beyond specified levels. The ISDA Master Agreement gives each party the right, upon an event of default by the other party or a termination of the agreement, to close out all transactions traded under such agreement and to net the amounts owed under each transaction to one net payable by one party to the other. To mitigate counterparty credit risk on bi-lateral OTC derivatives, the Fund receives collateral in the form of cash or securities once the Fund's net unrealized appreciation on outstanding derivative contracts under an ISDA Master Agreement exceeds certain applicable thresholds, subject to certain minimum transfer provisions. The collateral received is held in segregated accounts with the Fund's custodian bank in accordance with the collateral agreements entered into between the Fund, the counterparty and the Fund's custodian bank. The Fund could experience delays and costs in gaining access to the collateral even though it is held by the Fund's custodian bank. The Fund's maximum risk of loss from counterparty credit risk related to bi-lateral OTC derivatives is generally the aggregate unrealized appreciation and unpaid counterparty payments in excess of any collateral pledged by the counterparty to the Fund. The Fund may be required to pledge collateral for the benefit of the counterparties on bi-lateral OTC derivatives in an amount not less than each counterparty's unrealized appreciation on outstanding derivative contracts, subject to certain minimum transfer provisions, and any such pledged collateral is identified in the Schedule of Investments. Exchange-traded contracts are not covered by the ISDA Master Agreement; however counterparty credit risk related to these contracts may be mitigated by the protection provided by the exchange on which they trade. Counterparty credit risk related to centrally cleared swaps may be mitigated by the protection provided by the clearinghouse.
 
Investing in derivatives may involve greater risks than investing in the underlying assets directly and, to varying degrees, may involve risk of loss in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.  
 
Forward Foreign Currency Contracts: Forward foreign currency contracts represent obligations to purchase or sell foreign currency on a specified future date at a price fixed at the time the contracts are entered into.  
 
The Fund used forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to manage exposure to certain foreign currencies.
 
Open forward foreign currency contracts at period end are presented in the Schedule of Investments under the caption "Forward Foreign Currency Contracts." The contract amount and unrealized appreciation (depreciation) reflects each contract's exposure to the underlying currency at period end.
 
Futures Contracts: A futures contract is an agreement between two parties to buy or sell a specified underlying instrument for a specified price at a specified future date.
 
The Fund used futures contracts to manage its exposure to the bond market and fluctuations in interest rates.
 
Open futures contracts at period end are presented in the Schedule of Investments under the caption "Futures Contracts". The underlying face amount at value reflects each contract's exposure to the underlying instrument or index at period end. Any securities and/or cash deposited to meet initial margin requirements are identified in the Schedule of Investments.
 
For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.
 
The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.
 
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