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The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ISHARES TR IBOXX HI YD ETF 464288513 15,594,150 195,000 SH SOLE 195,000 0 0
WEIBO CORP NOTE 1.375%12/0 948596AJ0 15,033,615 15,000,000 PRN SOLE 15,000,000 0 0
ALIBABA GROUP HLDG LTD NOTE 0.500% 6/0 01609WBG6 83,853,283 71,000,000 PRN SOLE 71,000,000 0 0
MARA HOLDINGS INC NOTE 2.125% 9/0 565788AD8 27,962,437 25,000,000 PRN SOLE 25,000,000 0 0
SUPER MICRO COMPUTER INC NOTE 6/1 86800UAF1 4,906,170 5,500,000 PRN SOLE 5,500,000 0 0
ISHARES TR IBOXX HI YD ETF 464288513 39,985,001 500,000 SH Put SOLE 500,000 0 0
ALPHABET INC DEP SHS RP1/20 A 02079K404 505,640 10,000 SH SOLE 10,000 0 0
ALPHABET INC DEP SHS RP1/20 B 02079K602 500,847 10,000 SH SOLE 10,000 0 0