|
Collateralized Mortgage Obligations — 0.6% |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Federal Home Loan Mortgage Corp.: |
|
|
|
|
Series 2344, Class ZD, 6.50%, 8/15/31 |
$ |
66 |
$ 67,082 |
|
Series 2458, Class ZB, 7.00%, 6/15/32 |
|
163 |
169,594 |
|
Federal National Mortgage Association: |
|
|
|
|
Series 1998-16, Class H, 7.00%, 4/18/28 |
|
12 |
11,953 |
|
Series 1998-44, Class ZA, 6.50%, 7/20/28 |
|
24 |
24,311 |
|
Series 1999-25, Class Z, 6.00%, 6/25/29 |
|
31 |
31,115 |
|
Series 2000-2, Class ZE, 7.50%, 2/25/30 |
|
6 |
5,909 |
|
Series 2001-31, Class ZA, 6.00%, 7/25/31 |
|
255 |
257,021 |
|
Series 2001-74, Class QE, 6.00%, 12/25/31 |
|
120 |
122,922 |
|
Series 2009-48, Class WA, 5.766%, 7/25/39(1)
|
|
416 |
422,005 |
|
Series 2011-38, Class SA, 2.308%, (13.157% -
30-day SOFR Average x 3.00), 5/25/41(2)
|
|
648 |
439,788 |
|
JPM Lending Facility, 9.981%, (SOFR + 7.00%),
7/15/29(3)
|
|
7,013 |
6,995,761 |
|
Unison Trust, Series 2021-1, Class A, 6.50%,
4/25/50(1)(4)
|
|
19,470 |
16,749,928 |
|
Total Collateralized Mortgage Obligations
(identified cost $28,104,159) |
|
|
$ 25,297,389 |
|
Common Stocks — 5.9% |
|
Security |
Shares |
Value | |
|
Belgium — 0.0%† | |||
|
Cenergy Holdings SA |
|
30,003 |
$ 749,350 |
|
|
|
|
$ 749,350 |
|
Canada — 0.0%† | |||
|
Amaroq Ltd.(5)
|
|
517,800 |
$ 738,475 |
|
|
|
|
$ 738,475 |
|
China — 0.0%† | |||
|
Shimao Group Holdings Ltd.(5)
|
|
582,390 |
$ 4,749 |
|
Sunac China Holdings Ltd.(5)
|
|
3,423,780 |
240,392 |
|
Times China Holdings Ltd.(5)
|
|
1,518,847 |
5,406 |
|
|
|
|
$ 250,547 |
|
Cyprus — 0.3% | |||
|
Bank of Cyprus Holdings PLC |
|
1,001,600 |
$ 11,883,329 |
|
|
|
|
$ 11,883,329 |
|
Security |
Shares |
Value | |
|
Georgia — 0.2% | |||
|
Georgia Capital PLC(5)
|
|
133,952 |
$ 7,162,386 |
|
|
|
|
$ 7,162,386 |
|
Greece — 0.9% | |||
|
Aktor SA Holding Co. Technical & Energy Projects(5)
|
|
61,667 |
$ 748,261 |
|
Alpha Bank SA |
|
485,181 |
2,405,882 |
|
Athens International Airport SA |
|
30,454 |
371,141 |
|
CrediaBank SA(5)
|
|
1,154,564 |
1,334,505 |
|
Eurobank SA |
|
1,005,367 |
5,195,279 |
|
GEK TERNA SA |
|
46,322 |
2,424,730 |
|
Hellenic Telecommunications Organization SA |
|
74,862 |
1,727,750 |
|
Helleniq Energy Holdings SA |
|
34,400 |
514,606 |
|
Holding Co. ADMIE IPTO SA |
|
28,824 |
149,761 |
|
Ideal Holdings SA |
|
22,813 |
158,653 |
|
JUMBO SA |
|
48,994 |
1,369,068 |
|
LAMDA Development SA(5)
|
|
30,988 |
226,705 |
|
Metlen Energy & Metals PLC |
|
64,250 |
3,426,263 |
|
Motor Oil (Hellas) Corinth Refineries SA |
|
28,366 |
1,666,410 |
|
National Bank of Greece SA |
|
232,955 |
4,358,831 |
|
Optima bank SA |
|
77,763 |
942,075 |
|
Piraeus Bank SA |
|
352,537 |
4,112,014 |
|
Public Power Corp. SA |
|
189,273 |
4,877,203 |
|
Qualco Group SA(5)
|
|
52,437 |
347,055 |
|
Titan SA |
|
16,242 |
977,520 |
|
|
|
|
$ 37,333,712 |
|
Hungary — 0.6% | |||
|
Magyar Telekom Telecommunications PLC |
|
300,825 |
$ 2,607,790 |
|
MOL Hungarian Oil & Gas PLC(5)
|
|
357,666 |
5,120,952 |
|
OTP Bank Nyrt |
|
105,229 |
15,588,813 |
|
Richter Gedeon Nyrt |
|
52,467 |
1,954,877 |
|
|
|
|
$ 25,272,432 |
|
Iceland — 0.3% | |||
|
Arion Banki Hf.(4)
|
|
1,881,577 |
$ 2,960,966 |
|
Bera Hf.(5)
|
|
3,273,323 |
396,148 |
|
Eik fasteignafelag Hf. |
|
3,253,209 |
391,840 |
|
Eimskipafelag Islands Hf. |
|
220,734 |
451,144 |
|
Festi Hf. |
|
378,876 |
954,567 |
|
Hagar Hf. |
|
1,767,490 |
1,709,132 |
|
Hampidjan Hf. |
|
356,548 |
253,768 |
|
Heimar Hf. |
|
2,553,766 |
711,093 |
|
Icelandair Group Hf.(5)
|
|
54,957,023 |
318,416 |
|
Islandsbanki Hf. |
|
2,648,039 |
3,141,909 |
|
Kaldalon Hf. |
|
304,700 |
64,837 |
|
Kvika banki Hf. |
|
6,468,924 |
715,810 |
|
Security |
Shares |
Value | |
|
Iceland (continued) | |||
|
Reitir fasteignafelag Hf. |
|
875,641 |
$ 811,795 |
|
Siminn Hf. |
|
3,639,484 |
376,879 |
|
Sjova-Almennar Tryggingar Hf. |
|
191,700 |
66,703 |
|
Skagi Hf. |
|
2,290,750 |
350,008 |
|
|
|
|
$ 13,675,015 |
|
India — 0.6% | |||
|
Ambuja Cements Ltd. |
|
98,100 |
$ 444,001 |
|
Apollo Hospitals Enterprise Ltd. |
|
7,200 |
675,485 |
|
Asian Paints Ltd. |
|
16,400 |
471,748 |
|
Bharti Airtel Ltd. |
|
25,200 |
520,615 |
|
Dabur India Ltd. |
|
99,500 |
439,441 |
|
DLF Ltd. |
|
84,900 |
586,424 |
|
Fortis Healthcare Ltd. |
|
59,500 |
589,489 |
|
HDFC Asset Management Co. Ltd.(4)
|
|
19,700 |
539,722 |
|
HDFC Bank Ltd. |
|
55,900 |
437,798 |
|
HDFC Life Insurance Co. Ltd.(4)
|
|
67,100 |
385,535 |
|
Hero MotoCorp Ltd. |
|
9,000 |
508,053 |
|
Hindustan Aeronautics Ltd.(6)
|
|
5,200 |
253,295 |
|
Hindustan Unilever Ltd. |
|
19,500 |
429,249 |
|
ICICI Bank Ltd. |
|
35,300 |
530,529 |
|
ICICI Prudential Life Insurance Co. Ltd.(4)
|
|
67,400 |
363,903 |
|
Infosys Ltd. |
|
127,131 |
1,510,195 |
|
ITC Ltd. |
|
158,600 |
466,912 |
|
Jindal Steel Ltd. |
|
39,700 |
459,077 |
|
JSW Steel Ltd. |
|
42,200 |
561,714 |
|
Kwality Wall's India Ltd.(5)
|
|
9,800 |
3,174 |
|
Lodha Developers Ltd.(4)
|
|
55,000 |
716,926 |
|
Marico Ltd. |
|
67,900 |
619,422 |
|
Maruti Suzuki India Ltd. |
|
3,300 |
492,112 |
|
Max Healthcare Institute Ltd. |
|
48,700 |
560,516 |
|
Muthoot Finance Ltd. |
|
12,100 |
395,330 |
|
Nippon Life India Asset Management Ltd.(4)
|
|
62,500 |
760,285 |
|
Oberoi Realty Ltd. |
|
35,000 |
670,158 |
|
One 97 Communications Ltd.(5)
|
|
44,100 |
620,493 |
|
Persistent Systems Ltd. |
|
33,700 |
1,961,378 |
|
Reliance Industries Ltd. |
|
35,300 |
483,308 |
|
SBI Life Insurance Co. Ltd.(4)
|
|
21,600 |
425,816 |
|
State Bank of India |
|
44,600 |
480,004 |
|
Tata Consultancy Services Ltd. |
|
66,800 |
1,657,278 |
|
Tata Steel Ltd. |
|
227,300 |
452,257 |
|
TVS Motor Co. Ltd. |
|
13,900 |
627,990 |
|
UltraTech Cement Ltd. |
|
3,900 |
486,360 |
|
Varun Beverages Ltd. |
|
89,200 |
413,345 |
|
Wipro Ltd. |
|
848,362 |
1,636,341 |
|
|
|
|
$ 23,635,678 |
|
Security |
Shares |
Value | |
|
Luxembourg — 0.0%† | |||
|
Alvotech SA(5)
|
|
159,503 |
$ 615,967 |
|
|
|
|
$ 615,967 |
|
Nigeria — 0.1% | |||
|
Access Holdings PLC(5)
|
|
2,840,529 |
$ 54,348 |
|
Fidelity Bank PLC(5)
|
|
1,331,659 |
20,957 |
|
First HoldCo PLC(5)
|
|
11,959,968 |
1,127,749 |
|
Guaranty Trust Holding Co. PLC |
|
3,866,699 |
367,956 |
|
Nigerian Breweries PLC(5)
|
|
542,654 |
29,028 |
|
Transnational Corp. of Nigeria PLC |
|
213,337 |
6,544 |
|
United Bank for Africa PLC |
|
13,107,185 |
426,485 |
|
Zenith Bank PLC |
|
11,224,146 |
1,014,998 |
|
|
|
|
$ 3,048,065 |
|
Philippines — 0.1% | |||
|
Ayala Corp. |
|
38,281 |
$ 319,768 |
|
Ayala Land, Inc. |
|
756,412 |
208,350 |
|
Bank of the Philippine Islands |
|
138,259 |
230,956 |
|
BDO Unibank, Inc. |
|
292,967 |
593,882 |
|
SM Investments Corp. |
|
53,244 |
515,707 |
|
SM Prime Holdings, Inc. |
|
2,177,701 |
650,928 |
|
|
|
|
$ 2,519,591 |
|
Poland — 0.0%† | |||
|
Budimex SA |
|
4,170 |
$ 808,772 |
|
Grupa Kety SA |
|
2,041 |
683,879 |
|
|
|
|
$ 1,492,651 |
|
Slovenia — 0.2% | |||
|
Nova Ljubljanska Banka DD GDR(6)
|
|
157,872 |
$ 8,215,474 |
|
|
|
|
$ 8,215,474 |
|
Switzerland — 0.0%† | |||
|
Oculis Holding AG(5)
|
|
26,940 |
$ 299,630 |
|
|
|
|
$ 299,630 |
|
Taiwan — 0.4% | |||
|
Cathay Financial Holding Co. Ltd. |
|
710,000 |
$ 2,209,719 |
|
CTBC Financial Holding Co. Ltd. |
|
1,103,000 |
2,201,515 |
|
E.Sun Financial Holding Co. Ltd. |
|
1,894,000 |
2,258,995 |
|
Fubon Financial Holding Co. Ltd. |
|
540,000 |
2,152,424 |
|
KGI Financial Holding Co. Ltd. |
|
2,717,000 |
2,566,969 |
|
SinoPac Financial Holdings Co. Ltd. |
|
1,983,900 |
2,474,200 |
|
Yuanta Financial Holding Co. Ltd. |
|
1,073,000 |
2,238,479 |
|
|
|
|
$ 16,102,301 |
|
Security |
Shares |
Value | |
|
United Arab Emirates — 1.1% | |||
|
Aldar Properties PJSC |
|
8,883,100 |
$ 17,921,517 |
|
Emaar Properties PJSC |
|
8,687,800 |
25,929,346 |
|
Kyivstar Group Ltd.(5)
|
|
284,600 |
3,859,176 |
|
|
|
|
$ 47,710,039 |
|
United States — 0.0%† | |||
|
Gold Reserve Ltd.(5)
|
|
201,228 |
$ 913,575 |
|
JBT Marel Corp.(7)
|
|
1,771 |
245,230 |
|
JBT Marel Corp.(7)
|
|
1,429 |
202,013 |
|
|
|
|
$ 1,360,818 |
|
Uzbekistan — 0.2% | |||
|
National Investment Fund of the Republic of
Uzbekistan JSC GDR(4)(5)
|
|
220,385 |
$ 7,217,609 |
|
|
|
|
$ 7,217,609 |
|
Vietnam — 0.9% | |||
|
Asia Commercial Bank JSC |
|
2,336,388 |
$ 1,943,387 |
|
Bank for Foreign Trade of Vietnam JSC |
|
390,958 |
878,994 |
|
Bank for Investment & Development of Vietnam JSC |
|
835,200 |
1,204,132 |
|
Binh Minh Plastics JSC |
|
37,000 |
215,319 |
|
Coteccons Construction JSC |
|
266,805 |
618,199 |
|
Dien May Xanh Investment JSC(5)
|
|
901,000 |
2,740,632 |
|
Duc Giang Chemicals JSC |
|
73,500 |
108,970 |
|
FPT Corp. |
|
713,377 |
1,815,294 |
|
FPT Digital Retail JSC(5)
|
|
190,181 |
895,626 |
|
Gemadept Group Corp. |
|
768,500 |
2,248,087 |
|
Hoa Phat Group JSC |
|
928,125 |
764,608 |
|
IDICO Corp. JSC |
|
177,606 |
219,977 |
|
Khang Dien House Trading & Investment JSC(5)
|
|
667,456 |
442,779 |
|
KIDO Group Corp. |
|
13,562 |
25,848 |
|
Kinh Bac City Development Holding Corp.(5)
|
|
748,800 |
786,791 |
|
Masan Group Corp.(5)
|
|
287,600 |
721,641 |
|
Military Commercial Joint Stock Bank |
|
1,471,877 |
1,256,732 |
|
Mobile World Investment Corp. |
|
929,098 |
2,465,124 |
|
Nam Long Investment Corp. |
|
799,974 |
675,005 |
|
PetroVietnam Gas JSC |
|
402,400 |
1,047,912 |
|
Phat Dat Real Estate Development Corp.(5)
|
|
458,136 |
199,328 |
|
Phu Nhuan Jewelry JSC |
|
438,210 |
516,166 |
|
Refrigeration Electrical Engineering Corp. |
|
437,688 |
773,112 |
|
Saigon Beer Alcohol Beverage Corp. |
|
454,900 |
751,929 |
|
Saigon Treasure Commercial JSB(5)
|
|
456,800 |
1,237,354 |
|
SSI Securities Corp. |
|
1,604,400 |
1,433,328 |
|
Techcom Securities JSC |
|
801,285 |
1,248,386 |
|
Vietnam Dairy Products JSC |
|
737,081 |
1,705,265 |
|
Security |
Shares |
Value | |
|
Vietnam (continued) | |||
|
Vietnam Joint Stock Commercial Bank for Industry &
Trade |
|
423,929 |
$ 495,695 |
|
Vietnam Prosperity JSC Bank |
|
562,500 |
528,679 |
|
Vietnam Technological & Commercial Joint Stock Bank |
|
1,180,800 |
1,297,141 |
|
Vingroup JSC(5)
|
|
443,476 |
3,577,703 |
|
Vinh Hoan Corp. |
|
348,300 |
695,238 |
|
Vinhomes JSC(4)
|
|
446,400 |
2,492,663 |
|
VP Bank Securities Ltd. Co.(5)
|
|
637,390 |
614,292 |
|
|
|
|
$ 38,641,336 |
|
Total Common Stocks
(identified cost $211,092,792) |
|
|
$ 247,924,405 |
|
Convertible Bonds — 0.0%†
|
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
China — 0.0%† | |||
|
Sunac China Holdings Ltd., 0.00%, 6/23/28(4)
|
USD |
2,205 |
$ 297,960 |
|
Times China Holdings Ltd.: |
|
|
|
|
0.00%, 3/30/27(4)
|
USD |
2,687 |
18,781 |
|
0.00%, 3/30/27(4)
|
USD |
558 |
3,375 |
|
Total Convertible Bonds
(identified cost $739,198) |
|
|
$ 320,116 |
|
Credit Linked Notes — 0.0%†
|
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
South Africa — 0.0%† | |||
|
Absa Bank Ltd. (United Republic of Tanzania),
13.50%, 8/2/35(8)
|
TZS |
3,449,568 |
$ 1,544,522 |
|
Total Credit Linked Notes
(identified cost $1,539,212) |
|
|
$ 1,544,522 |
|
Foreign Corporate Bonds — 5.7% |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Angola — 0.1% | |||
|
Sonangol Finance Ltd., 10.00%, 1/29/31(6)
|
USD |
2,925 |
$ 2,993,925 |
|
|
|
|
$ 2,993,925 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Armenia — 0.0%† | |||
|
Ardshinbank CJSC Via Dilijan Finance BV, 6.60%,
1/22/31(6)
|
USD |
1,362 |
$ 1,363,802 |
|
|
|
|
$ 1,363,802 |
|
Brazil — 0.4% | |||
|
Braskem Netherlands Finance BV: |
|
|
|
|
4.50%, 1/31/30(6)
|
USD |
7,812 |
$ 4,252,931 |
|
7.25%, 2/13/33(6)
|
USD |
5,385 |
2,914,631 |
|
8.00%, 10/15/34(6)
|
USD |
4,453 |
2,418,602 |
|
Raizen Fuels Finance SA: |
|
|
|
|
5.70%, 1/17/35(6)
|
USD |
5,815 |
3,091,487 |
|
6.25%, 7/8/32(6)
|
USD |
7,703 |
4,100,692 |
|
6.45%, 3/5/34(6)
|
USD |
1,148 |
613,463 |
|
|
|
|
$ 17,391,806 |
|
China — 0.0%† | |||
|
KWG Group Holdings Ltd., 7.875%, 8/30/24(9)
|
USD |
1,571 |
$ 49,094 |
|
Shimao Group Holdings Ltd.: |
|
|
|
|
2.00%, (2.00% cash or 3.00% PIK),
7/21/32(4)(10)
|
USD |
570 |
12,179 |
|
2.00%, (2.00% cash or 3.00% PIK),
7/21/33(4)(10)
|
USD |
855 |
10,683 |
|
2.00%, (2.00% cash or 3.00% PIK),
1/21/34(4)(10)
|
USD |
855 |
10,683 |
|
5.95%, (0.05% cash and 5.90% PIK),
7/21/31(4)
|
USD |
3,205 |
44,075 |
|
Times China Holdings Ltd.: |
|
|
|
|
4.00%, (1.00% cash and 3.00% PIK),
3/30/29(4)
|
USD |
602 |
17,298 |
|
4.20%, (0.00% cash and 4.20% PIK),
9/30/32(4)
|
USD |
2,244 |
53,306 |
|
|
|
|
$ 197,318 |
|
Georgia — 0.2% | |||
|
Bank of Georgia JSC, 9.50% to 7/16/29(6)(11)(12)
|
USD |
3,777 |
$ 3,981,116 |
|
TBC Bank Group PLC, 22.00%, 6/5/28(4)
|
UZS |
41,540,000 |
3,490,558 |
|
|
|
|
$ 7,471,674 |
|
Hungary — 0.1% | |||
|
MBH Bank Nyrt, 5.25% to 1/29/29, 1/29/30(6)(12)
|
EUR |
3,369 |
$ 3,901,291 |
|
|
|
|
$ 3,901,291 |
|
Iceland — 0.0% | |||
|
Wow Air Hf., 0.00%, (3 mo. EURIBOR +
9.00%)(9)(11)(13)
|
EUR |
3,679 |
$ 0 |
|
|
|
|
$ 0 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
India — 0.6% | |||
|
ICICI Bank Ltd./IFSC, 5.459%, 7/30/31(4)(14)
|
USD |
17,335 |
$ 17,424,650 |
|
Porteast Investment Pvt Ltd., 0.00%, 5/29/28 |
INR |
510,000 |
6,694,649 |
|
Reliance Communications Ltd., 6.50%,
11/6/20(6)(9)
|
USD |
1,800 |
27,000 |
|
|
|
|
$ 24,146,299 |
|
Kazakhstan — 0.4% | |||
|
Development Bank of Kazakhstan JSC, 13.00%,
4/15/27(4)
|
KZT |
3,466,500 |
$ 7,140,966 |
|
ForteBank JSC: |
|
|
|
|
7.75%, 2/4/30(4)
|
USD |
4,690 |
4,811,682 |
|
9.75% to 11/3/30(6)(11)(12)
|
USD |
4,550 |
4,705,227 |
|
|
|
|
$ 16,657,875 |
|
Kyrgyzstan — 0.1% | |||
|
Eldik Bank OAO, 8.50%, 4/23/31(6)
|
USD |
3,750 |
$ 3,743,704 |
|
|
|
|
$ 3,743,704 |
|
Mexico — 0.0%† | |||
|
Alpha Holding SA de CV: |
|
|
|
|
9.00%, 2/10/25(6)(9)
|
USD |
3,667 |
$ 33,005 |
|
10.00%, 12/19/22(6)(9)
|
USD |
1,741 |
15,670 |
|
|
|
|
$ 48,675 |
|
Mongolia — 0.1% | |||
|
Golomt Bank, 7.95%, 5/14/29(6)
|
USD |
2,788 |
$ 2,799,125 |
|
State Bank JSC, 8.90%, 9/25/28(6)
|
USD |
2,510 |
2,520,872 |
|
|
|
|
$ 5,319,997 |
|
Nigeria — 0.3% | |||
|
Dangote Petroleum Refinery & Petrochemicals FZE,
7.50%, 7/16/31(6)
|
USD |
10,090 |
$ 10,074,834 |
|
|
|
|
$ 10,074,834 |
|
Supranational — 0.3% | |||
|
Asian Development Bank, 14.50%, 6/26/28 |
UZS |
17,111,900 |
$ 1,467,858 |
|
Corp. Andina de Fomento: |
|
|
|
|
7.50%, 4/4/34(6)
|
INR |
559,000 |
5,613,317 |
|
8.25%, 4/26/34 |
INR |
452,000 |
4,739,882 |
|
European Bank for Reconstruction & Development,
17.35%, 3/1/27(6)
|
USD |
401 |
416,166 |
|
|
|
|
$ 12,237,223 |
|
Ukraine — 0.2% | |||
|
Kernel Holding SA, 6.75%, 10/27/27(6)
|
USD |
2,011 |
$ 1,965,830 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Ukraine (continued) | |||
|
MHP Lux SA: |
|
|
|
|
6.25%, 9/19/29(4)
|
USD |
723 |
$ 676,590 |
|
6.25%, 9/19/29(6)
|
USD |
1,552 |
1,452,375 |
|
10.50%, 7/28/29(6)
|
USD |
5,309 |
5,526,583 |
|
|
|
|
$ 9,621,378 |
|
Uzbekistan — 1.9% | |||
|
Aloqabank JSC, 7.70%, 5/18/31(6)
|
USD |
3,010 |
$ 2,999,905 |
|
Heritage Lending Group BV, 19.50%, 5/5/29 |
UZS |
221,552,000 |
18,547,921 |
|
Ipoteka-Bank ATIB: |
|
|
|
|
17.50%, 10/9/28(6)
|
UZS |
41,010,000 |
3,537,640 |
|
20.50%, 4/25/27(6)
|
UZS |
42,080,000 |
3,652,172 |
|
JSCB Agrobank: |
|
|
|
|
9.25%, 10/2/29(6)
|
USD |
7,973 |
8,620,409 |
|
20.75%, 9/15/28 |
UZS |
127,710,000 |
11,329,575 |
|
Uzbek Industrial & Construction Bank ATB: |
|
|
|
|
9.45% to 10/23/30(6)(11)(12)
|
USD |
7,110 |
7,388,875 |
|
19.95%, 4/25/28(6)
|
UZS |
43,950,000 |
3,871,092 |
|
21.00%, 7/24/27(6)
|
UZS |
232,110,000 |
20,363,302 |
|
|
|
|
$ 80,310,891 |
|
Venezuela — 1.0% | |||
|
Petroleos de Venezuela SA: |
|
|
|
|
5.375%, 4/12/27(6)(9)
|
USD |
8,714 |
$ 3,197,891 |
|
6.00%, 10/28/22(6)(9)
|
USD |
14,448 |
5,273,397 |
|
6.00%, 5/16/24(6)(9)
|
USD |
9,503 |
3,586,206 |
|
6.00%, 11/15/26(6)(9)
|
USD |
9,445 |
3,579,656 |
|
8.50%, 10/20/27 |
USD |
100 |
117,000 |
|
8.50%, 10/20/27 |
USD |
8,674 |
10,147,995 |
|
9.00%, 11/17/21(6)(9)
|
USD |
10,028 |
4,350,881 |
|
9.75%, 5/17/35(6)(9)
|
USD |
11,282 |
5,136,893 |
|
12.75%, 2/17/22(6)(9)
|
USD |
9,871 |
4,910,908 |
|
|
|
|
$ 40,300,827 |
|
Total Foreign Corporate Bonds
(identified cost $224,203,713) |
|
|
$ 235,781,519 |
|
Insurance Linked Securities — 1.3% |
|
Security |
Shares |
Value | |
|
Reinsurance Side Cars — 0.7% |
|
|
|
|
Beacon RE(5)(13)(15)(16)
|
|
2,963,783 |
$ 3,020,391 |
|
Beacon RE(5)(13)(15)(16)
|
|
3,536,217 |
3,536,217 |
|
Security |
Shares |
Value | |
|
Reinsurance Side Cars (continued) |
|
|
|
|
Eden Re II Ltd.: |
|
|
|
|
Series 2023B, 0.00%, 3/19/27(4)(13)(15)(16)
|
|
7,394 |
$ 112,141 |
|
Series 2024A, 0.00%, 3/17/28(4)(13)(15)(16)
|
|
31,579 |
87,455 |
|
Series 2024B, 0.00%, 3/17/28(4)(13)(15)(16)
|
|
6,667 |
99,429 |
|
Series 2025A, 0.00%, 3/19/30(4)(13)(15)(16)
|
|
18,605 |
456,791 |
|
Mt. Logan Re Ltd.: |
|
|
|
|
Participating Units(5)(13)(15)(16)
|
|
4,000,000 |
4,415,600 |
|
Series A-1(13)(16)(17)
|
|
4,400 |
7,039,296 |
|
PartnerRe Ltd.(5)(13)(16)
|
|
11 |
11,898,822 |
|
|
|
|
$ 30,666,142 |
|
Segregated Account/Funds — 0.6% |
|
|
|
|
PartnerRe ILS Fund SAC Ltd.(5)(13)(16)(17)
|
|
5,700,000 |
$ 8,322,000 |
|
Voussoir Re Ltd.(5)(13)(16)
|
|
815 |
1,172,282 |
|
Jaffa Capital Fund(5)(13)(15)(16)
|
|
70,000 |
7,028,700 |
|
Voussoir Re Ltd.(5)(13)(16)
|
|
4,531 |
6,106,658 |
|
|
|
|
$ 22,629,640 |
|
Total Insurance Linked Securities
(identified cost $45,778,339) |
|
|
$ 53,295,782 |
|
Preferred Stocks — 0.0%†
|
|
Security |
Shares |
Value | |
|
Puerto Rico — 0.0%† | |||
|
Liberty Latin America Ltd., Series A, 9.00%(5)
|
|
56,490 |
$ 1,143,358 |
|
Total Preferred Stocks
(identified cost $1,067,839) |
|
|
$ 1,143,358 |
|
Senior Floating-Rate Loans — 1.4%(18)
|
|
Borrower/Description |
Principal
Amount
(000’s omitted) |
Value | |
|
Argentina — 0.5% | |||
|
Provincia De Neuquen: |
|
|
|
|
Term Loan, 11.154%, (1 mo. USD Term SOFR
+ 7.30%), 5/28/27 |
$ |
504 |
$ 508,576 |
|
Term Loan, 11.158%, (1 mo. USD Term SOFR
+ 7.30%), 5/28/27 |
|
368 |
371,366 |
|
VMOS SA: |
|
|
|
|
Term Loan, 9.338% - 9.342%, (6 mo. USD Term
SOFR + 5.50%), 7/8/30 |
|
15,149 |
15,585,838 |
|
Term Loan, 7/8/30(19)
|
|
4,731 |
4,731,440 |
|
|
|
|
$ 21,197,220 |
|
Borrower/Description |
Principal
Amount
(000’s omitted) |
Value | |
|
Suriname — 0.6% | |||
|
Staatsolie Maatschappij Suriname NV: |
|
|
|
|
Revolving Loan, 4/26/32(19)
|
$ |
22,449 |
$ 22,449,194 |
|
Term Loan, 9.31% - 9.413%, (3 mo. USD Term
SOFR + 5.50%), 5/24/32 |
|
2,551 |
2,597,807 |
|
|
|
|
$ 25,047,001 |
|
Uzbekistan — 0.3% | |||
|
Joint Stock Commercial Bank Agrobank, Term Loan,
17.25%, 7/21/28(20)
|
UZS |
154,760,000 |
$ 12,954,227 |
|
|
|
|
$ 12,954,227 |
|
Total Senior Floating-Rate Loans
(identified cost $58,447,817) |
|
|
$ 59,198,448 |
|
Sovereign Government Bonds — 32.7% |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Albania — 1.2% | |||
|
Albania Government International Bonds: |
|
|
|
|
3.50%, 11/23/31(6)
|
EUR |
3,050 |
$ 3,482,290 |
|
4.75%, 2/14/35(6)
|
EUR |
6,476 |
7,475,490 |
|
5.90%, 6/9/28(6)
|
EUR |
6,602 |
7,930,424 |
|
Albanian Government Bonds: |
|
|
|
|
3.70%, 1/10/28 |
ALL |
31,600 |
390,604 |
|
3.85%, 10/7/26 |
ALL |
91,700 |
1,134,022 |
|
3.90%, 1/22/30 |
ALL |
90,600 |
1,121,412 |
|
4.05%, 2/7/32 |
ALL |
247,000 |
2,996,994 |
|
4.30%, 7/10/27 |
ALL |
293,600 |
3,648,826 |
|
4.70%, 2/23/27 |
ALL |
78,200 |
971,929 |
|
4.95%, 7/22/29 |
ALL |
876,300 |
11,204,944 |
|
5.25%, 1/26/29 |
ALL |
487,600 |
6,247,589 |
|
5.25%, 1/23/35 |
ALL |
107,600 |
1,367,520 |
|
5.59%, 2/19/40 |
ALL |
81,000 |
991,890 |
|
6.13%, 7/25/34 |
ALL |
36,300 |
479,978 |
|
|
|
|
$ 49,443,912 |
|
Angola — 0.1% | |||
|
Angola Government International Bonds: |
|
|
|
|
9.125%, 11/26/49(6)
|
USD |
2,306 |
$ 2,169,665 |
|
9.244%, 1/15/31(6)
|
USD |
1,048 |
1,099,030 |
|
9.375%, 3/31/33(6)
|
USD |
2,323 |
2,399,510 |
|
|
|
|
$ 5,668,205 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Argentina — 2.2% | |||
|
Argentina Bonar Bonds: |
|
|
|
|
0.75% to 7/9/27, 7/9/30(21)
|
USD |
62,725 |
$ 34,240,950 |
|
1.00%, 7/9/29 |
USD |
290 |
154,405 |
|
Argentina Republic Government International
Bonds: |
|
|
|
|
3.50% to 7/9/29, 7/9/41(21)
|
USD |
11,485 |
8,516,128 |
|
4.125% to 7/9/27, 7/9/35(21)
|
USD |
11,284 |
8,948,212 |
|
5.00%, 1/9/38 |
USD |
2,978 |
2,461,264 |
|
6.055%, 12/15/35(1)
|
EUR |
42,947 |
6,505,656 |
|
Province of Santa Fe, 8.10%, 12/11/34(6)
|
USD |
5,795 |
5,795,000 |
|
Provincia de Cordoba: |
|
|
|
|
8.60%, 2/3/35(4)
|
USD |
2,973 |
2,957,393 |
|
9.75%, 7/2/32(4)
|
USD |
5,382 |
5,760,086 |
|
9.75%, 7/2/32(6)
|
USD |
2,254 |
2,412,344 |
|
Provincia del Chubut Argentina, 9.45%, 4/29/36(4)
|
USD |
11,927 |
12,722,769 |
|
|
|
|
$ 90,474,207 |
|
Armenia — 1.3% | |||
|
Republic of Armenia Treasury Bonds: |
|
|
|
|
7.40%, 4/29/29 |
AMD |
1,394,490 |
$ 3,813,411 |
|
8.60%, 4/29/30 |
AMD |
2,822,575 |
7,979,356 |
|
9.00%, 10/29/35 |
AMD |
7,364,174 |
21,169,659 |
|
9.25%, 4/29/28 |
AMD |
1,439,030 |
4,060,278 |
|
9.60%, 10/29/33 |
AMD |
4,241,233 |
12,591,381 |
|
9.75%, 10/29/50 |
AMD |
618,877 |
1,836,378 |
|
9.75%, 10/29/52 |
AMD |
673,150 |
1,983,307 |
|
|
|
|
$ 53,433,770 |
|
Barbados — 0.2% | |||
|
Barbados Government International Bonds, 8.00%,
6/26/35(6)
|
USD |
9,035 |
$ 9,588,394 |
|
|
|
|
$ 9,588,394 |
|
Bosnia and Herzegovina — 0.8% | |||
|
Federation of Bosnia & Herzegovina Eurobond,
5.00%, 6/4/31(6)
|
EUR |
18,600 |
$ 21,087,130 |
|
Republic of Srpska International Government
Bonds: |
|
|
|
|
6.25%, 4/2/31(6)
|
EUR |
2,848 |
3,299,254 |
|
6.375%, 5/8/33(6)
|
EUR |
7,180 |
8,244,963 |
|
|
|
|
$ 32,631,347 |
|
Brazil — 3.7% | |||
|
Brazil Letras do Tesouro Nacional: |
|
|
|
|
0.00%, 10/1/26 |
BRL |
383,200 |
$ 73,945,410 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Brazil (continued) | |||
|
Brazil Letras do Tesouro Nacional: (continued) |
|
|
|
|
0.00%, 4/1/27 |
BRL |
175,000 |
$ 31,763,811 |
|
Brazil Notas do Tesouro Nacional, 6.00%,
5/15/35(22)
|
BRL |
58,857 |
48,691,679 |
|
|
|
|
$ 154,400,900 |
|
Colombia — 3.7% | |||
|
Colombia TES: |
|
|
|
|
3.00%, 3/25/33 |
COP |
7,672,315 |
$ 2,011,282 |
|
5.00%, 3/20/41 |
COP |
16,420,978 |
4,623,868 |
|
6.50%, 1/22/31 |
COP |
48,775,161 |
15,602,485 |
|
7.00%, 3/26/31 |
COP |
51,522,100 |
13,378,130 |
|
7.00%, 6/30/32 |
COP |
3,102,000 |
774,861 |
|
7.25%, 10/18/34 |
COP |
4,290,000 |
1,024,862 |
|
11.75%, 1/24/35 |
COP |
136,382,200 |
42,263,972 |
|
12.50%, 2/27/30 |
COP |
115,271,500 |
36,434,018 |
|
13.25%, 2/9/33 |
COP |
110,182,200 |
36,468,167 |
|
|
|
|
$ 152,581,645 |
|
Congo — 0.2% | |||
|
DRC International Bonds, 9.50%, 4/16/37(6)
|
USD |
7,346 |
$ 7,684,185 |
|
|
|
|
$ 7,684,185 |
|
Egypt — 0.8% | |||
|
Egypt Government Bonds: |
|
|
|
|
19.98%, 5/20/30 |
EGP |
1,722,389 |
$ 31,959,548 |
|
24.458%, 10/1/27 |
EGP |
135,767 |
2,605,592 |
|
|
|
|
$ 34,565,140 |
|
Ethiopia — 0.6% | |||
|
Ethiopia Government International Bonds, 6.625%,
12/11/24(6)(9)
|
USD |
24,357 |
$ 26,345,384 |
|
|
|
|
$ 26,345,384 |
|
Gabon — 0.1% | |||
|
Gabon Government International Bonds, 9.375%,
8/5/33(6)(23)
|
USD |
3,748 |
$ 3,449,394 |
|
|
|
|
$ 3,449,394 |
|
Georgia — 0.2% | |||
|
Georgia Government International Bonds, 5.125%,
1/28/31(6)
|
USD |
9,430 |
$ 9,154,430 |
|
Georgia Treasury Bonds: |
|
|
|
|
8.25%, 8/28/29 |
GEL |
351 |
134,720 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Georgia (continued) | |||
|
Georgia Treasury Bonds: (continued) |
|
|
|
|
9.75%, 1/27/27 |
GEL |
586 |
$ 225,899 |
|
|
|
|
$ 9,515,049 |
|
Ghana — 0.1% | |||
|
Ghana Government International Bonds, 5.00% to
7/3/28, 7/3/29(6)(21)
|
USD |
2,918 |
$ 2,861,488 |
|
Republic of Ghana Government Bonds: |
|
|
|
|
8.50%, (5.00% cash and 3.50% PIK), 2/15/28 |
GHS |
4,529 |
368,031 |
|
8.65%, (5.00% cash and 3.65% PIK), 2/13/29 |
GHS |
17,108 |
1,367,794 |
|
9.10%, (5.00% cash and 4.10% PIK), 2/10/32 |
GHS |
6,692 |
464,848 |
|
|
|
|
$ 5,062,161 |
|
Hungary — 0.8% | |||
|
Hungary Government Bonds: |
|
|
|
|
3.00%, 10/27/38 |
HUF |
6,385,380 |
$ 15,658,031 |
|
3.00%, 4/25/41 |
HUF |
4,003,140 |
9,466,635 |
|
4.00%, 4/28/51 |
HUF |
164,600 |
405,405 |
|
7.00%, 10/24/35 |
HUF |
2,353,900 |
8,199,482 |
|
|
|
|
$ 33,729,553 |
|
India — 0.7% | |||
|
India Government Bonds: |
|
|
|
|
7.09%, 8/5/54 |
INR |
470,600 |
$ 4,724,318 |
|
7.24%, 8/18/55 |
INR |
2,288,850 |
23,502,602 |
|
|
|
|
$ 28,226,920 |
|
Kazakhstan — 3.3% | |||
|
Kazakhstan Government Bonds: |
|
|
|
|
5.00%, 4/18/28 |
KZT |
4,356,602 |
$ 7,819,915 |
|
5.50%, 9/20/28 |
KZT |
22,984 |
40,114 |
|
5.50%, 4/24/32 |
KZT |
4,933,059 |
6,981,981 |
|
7.22%, 12/10/28 |
KZT |
3,288,706 |
5,862,132 |
|
7.68%, 8/13/29 |
KZT |
4,275,318 |
7,513,780 |
|
7.90%, 12/20/38 |
KZT |
965,228 |
1,333,932 |
|
8.44%, 5/10/31 |
KZT |
1,808,788 |
3,051,089 |
|
8.66%, 4/4/33 |
KZT |
2,945,627 |
4,782,140 |
|
10.55%, 7/28/29 |
KZT |
1,514,496 |
2,880,975 |
|
10.69%, 8/23/33 |
KZT |
979,231 |
1,744,180 |
|
11.05%, 1/28/37 |
KZT |
143,864 |
254,825 |
|
14.00%, 5/12/31 |
KZT |
3,879,974 |
7,921,733 |
|
14.00%, 5/19/32 |
KZT |
34,476 |
71,476 |
|
14.00%, 2/13/35 |
KZT |
7,248,348 |
15,224,396 |
|
14.10%, 5/22/38 |
KZT |
12,965,773 |
27,483,232 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Kazakhstan (continued) | |||
|
Kazakhstan Government Bonds: (continued) |
|
|
|
|
14.45%, 6/5/33 |
KZT |
1,550,694 |
$ 3,347,988 |
|
14.50%, 3/6/34 |
KZT |
657,741 |
1,396,504 |
|
14.60%, 3/6/32 |
KZT |
87,910 |
185,318 |
|
14.94%, 6/18/31 |
KZT |
2,413,069 |
5,208,112 |
|
15.10%, 3/12/34 |
KZT |
6,447,597 |
14,266,044 |
|
15.18%, 2/5/32 |
KZT |
5,886,712 |
12,821,587 |
|
16.95%, 10/9/30 |
KZT |
3,524,867 |
8,006,652 |
|
|
|
|
$ 138,198,105 |
|
Kenya — 0.3% | |||
|
Republic of Kenya Government International
Bonds: |
|
|
|
|
7.875%, 10/9/33(6)
|
USD |
1,373 |
$ 1,347,665 |
|
8.25%, 2/28/48(6)
|
USD |
1,463 |
1,366,048 |
|
8.70%, 2/26/39(6)
|
USD |
5,124 |
4,937,814 |
|
8.80%, 10/9/38(6)
|
USD |
2,777 |
2,709,976 |
|
9.50%, 3/5/36(6)
|
USD |
357 |
368,787 |
|
|
|
|
$ 10,730,290 |
|
Lebanon — 0.9% | |||
|
Lebanon Government International Bonds: |
|
|
|
|
5.80%, 4/14/20(6)(9)
|
USD |
14,186 |
$ 3,801,671 |
|
6.00%, 1/27/23(6)(9)
|
USD |
4,900 |
1,313,923 |
|
6.10%, 10/4/22(6)(9)
|
USD |
14,910 |
3,996,215 |
|
6.15%, 6/19/20(6)(9)
|
USD |
2,969 |
796,880 |
|
6.20%, 2/26/25(6)(9)
|
USD |
2,746 |
736,168 |
|
6.25%, 5/27/22(6)(9)
|
USD |
4,140 |
1,116,506 |
|
6.25%, 11/4/24(6)(9)
|
USD |
2,433 |
651,560 |
|
6.25%, 6/12/25(6)(9)
|
USD |
3,002 |
809,940 |
|
6.375%, 3/9/20(6)(9)
|
USD |
330 |
88,558 |
|
6.40%, 5/26/23(6)(9)
|
USD |
15,473 |
4,163,591 |
|
6.60%, 11/27/26(6)(9)
|
USD |
3,602 |
980,224 |
|
6.65%, 4/22/24(6)(9)
|
USD |
13,799 |
3,704,514 |
|
6.65%, 11/3/28(6)(9)
|
USD |
3,109 |
856,617 |
|
6.65%, 2/26/30(6)(9)
|
USD |
3,078 |
849,244 |
|
6.75%, 11/29/27(6)(9)
|
USD |
5,741 |
1,578,316 |
|
6.85%, 3/23/27(6)(9)
|
USD |
3,280 |
902,692 |
|
6.85%, 5/25/29(6)(9)
|
USD |
13,016 |
3,588,578 |
|
7.00%, 12/3/24(6)(9)
|
USD |
1,795 |
485,368 |
|
7.00%, 3/20/28(6)(9)
|
USD |
5,080 |
1,398,009 |
|
7.00%, 4/22/31(6)(9)
|
USD |
10,295 |
2,847,181 |
|
7.00%, 3/23/32(6)(9)
|
USD |
1,983 |
550,642 |
|
7.05%, 11/2/35(6)(9)
|
USD |
1,253 |
355,827 |
|
7.25%, 3/23/37(6)(9)
|
USD |
4,254 |
1,207,614 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Lebanon (continued) | |||
|
Lebanon Government International Bonds:
(continued) |
|
|
|
|
8.20%, 5/17/33(6)(9)
|
USD |
1,832 |
$ 523,511 |
|
8.25%, 4/12/21(6)(9)
|
USD |
520 |
149,340 |
|
|
|
|
$ 37,452,689 |
|
Mongolia — 0.1% | |||
|
Mongolia Government International Bonds: |
|
|
|
|
5.95%, 3/9/32(4)
|
USD |
200 |
$ 198,696 |
|
6.625%, 2/25/30(4)
|
USD |
600 |
615,067 |
|
6.625%, 2/25/30(6)
|
USD |
4,200 |
4,305,472 |
|
7.875%, 6/5/29(6)
|
USD |
400 |
422,755 |
|
|
|
|
$ 5,541,990 |
|
Montenegro — 0.3% | |||
|
Montenegro Government International Bonds,
4.875%, 4/1/32(6)
|
EUR |
11,663 |
$ 13,525,332 |
|
|
|
|
$ 13,525,332 |
|
Mozambique — 0.1% | |||
|
Mozambique International Bonds, 9.00%,
9/15/31(6)
|
USD |
5,246 |
$ 4,767,749 |
|
|
|
|
$ 4,767,749 |
|
New Zealand — 2.4% | |||
|
New Zealand Government Bonds: |
|
|
|
|
2.75%, 4/15/37(6)
|
NZD |
17,910 |
$ 8,782,101 |
|
4.25%, 5/15/34 |
NZD |
26,957 |
15,630,742 |
|
4.25%, 5/15/36 |
NZD |
37,000 |
21,068,903 |
|
4.50%, 5/15/35 |
NZD |
41,020 |
24,006,569 |
|
5.00%, 5/15/54 |
NZD |
1,360 |
769,397 |
|
New Zealand Government Bonds Inflation-Linked: |
|
|
|
|
2.50%, 9/20/40(6)(22)
|
NZD |
23,759 |
13,304,383 |
|
3.25%, 9/20/50(22)
|
NZD |
28,023 |
16,629,112 |
|
|
|
|
$ 100,191,207 |
|
Peru — 1.2% | |||
|
Peru Government Bonds: |
|
|
|
|
6.90%, 8/12/37 |
PEN |
62,081 |
$ 18,719,915 |
|
7.60%, 8/12/39(6)
|
PEN |
105,114 |
33,182,768 |
|
|
|
|
$ 51,902,683 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Philippines — 0.4% | |||
|
Philippines Government Bonds, 6.25%, 1/14/36 |
PHP |
1,024,000 |
$ 15,304,199 |
|
|
|
|
$ 15,304,199 |
|
Poland — 1.7% | |||
|
Republic of Poland Government Bonds, 2.00%,
8/25/36(22)
|
PLN |
286,462 |
$ 69,151,285 |
|
|
|
|
$ 69,151,285 |
|
Serbia — 0.2% | |||
|
Serbia Treasury Bonds: |
|
|
|
|
4.50%, 8/20/32 |
RSD |
211,870 |
$ 1,988,314 |
|
7.00%, 10/26/31 |
RSD |
624,960 |
6,610,085 |
|
|
|
|
$ 8,598,399 |
|
Sri Lanka — 0.7% | |||
|
Sri Lanka Government Bonds: |
|
|
|
|
8.75%, 3/15/36(1)
|
LKR |
75,128 |
$ 178,079 |
|
8.75%, 9/15/37(1)
|
LKR |
75,128 |
175,305 |
|
8.75%, 9/15/38(1)
|
LKR |
75,128 |
173,719 |
|
8.75%, 9/15/39(1)
|
LKR |
75,128 |
172,313 |
|
8.75%, 9/15/40(1)
|
LKR |
75,128 |
171,069 |
|
8.75%, 9/15/41(1)
|
LKR |
75,128 |
169,967 |
|
8.75%, 9/15/42(1)
|
LKR |
75,128 |
168,992 |
|
8.75%, 9/15/43(1)
|
LKR |
75,128 |
168,127 |
|
9.00%, 10/1/32 |
LKR |
249,000 |
651,597 |
|
9.00%, 6/1/33 |
LKR |
40,000 |
103,041 |
|
9.00%, 11/1/33 |
LKR |
2,231,000 |
5,694,535 |
|
9.75%, 7/1/30 |
LKR |
1,668,000 |
4,713,798 |
|
10.25%, 9/15/34 |
LKR |
836,000 |
2,256,433 |
|
10.35%, 10/15/29 |
LKR |
184,000 |
537,633 |
|
11.00%, 10/15/28 |
LKR |
414,000 |
1,240,923 |
|
11.00%, 9/15/29 |
LKR |
571,000 |
1,700,595 |
|
11.00%, 12/15/29 |
LKR |
1,043,000 |
3,100,107 |
|
11.00%, 5/15/30 |
LKR |
94,000 |
277,282 |
|
11.00%, 10/15/30 |
LKR |
329,000 |
963,623 |
|
11.25%, 3/15/31 |
LKR |
77,000 |
226,130 |
|
11.50%, 12/15/32 |
LKR |
374,000 |
1,094,064 |
|
11.75%, 6/15/29 |
LKR |
85,000 |
258,248 |
|
Sri Lanka Government International Bonds, 1.50%
to 12/15/26, 6/15/38(4)(21)
|
USD |
4,348 |
2,949,845 |
|
|
|
|
$ 27,145,425 |
|
Suriname — 1.0% | |||
|
Suriname Government International Bonds: |
|
|
|
|
7.70%, 11/6/30(4)
|
USD |
5,364 |
$ 5,511,510 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Suriname (continued) | |||
|
Suriname Government International Bonds:
(continued) |
|
|
|
|
7.70%, 11/6/30(6)
|
USD |
5,487 |
$ 5,637,892 |
|
8.50%, 11/6/35(4)
|
USD |
20,325 |
21,849,375 |
|
8.50%, 11/6/35(6)
|
USD |
8,303 |
8,925,725 |
|
|
|
|
$ 41,924,502 |
|
Uzbekistan — 1.8% | |||
|
National Bank of Uzbekistan, 19.875%, 7/5/27(6)
|
UZS |
90,660,000 |
$ 8,023,634 |
|
Republic of Uzbekistan Bonds: |
|
|
|
|
12.25%, 4/13/29(6)
|
UZS |
598,440,000 |
51,140,572 |
|
15.50%, 2/25/28(6)
|
UZS |
78,000,000 |
6,955,688 |
|
16.25%, 10/12/26(6)
|
UZS |
112,430,000 |
9,548,886 |
|
16.625%, 5/29/27(6)
|
UZS |
12,500,000 |
1,098,928 |
|
|
|
|
$ 76,767,708 |
|
Venezuela — 0.7% | |||
|
Venezuela Government International Bonds: |
|
|
|
|
6.00%, 12/9/20(6)(9)
|
USD |
3,536 |
$ 1,507,066 |
|
7.00%, 12/1/18(6)(9)
|
USD |
4,066 |
1,778,875 |
|
7.00%, 3/31/38(6)(9)
|
USD |
426 |
186,801 |
|
7.65%, 4/21/25(6)(9)
|
USD |
4,430 |
2,006,834 |
|
7.75%, 10/13/19(6)(9)
|
USD |
8,756 |
4,051,709 |
|
8.25%, 10/13/24(6)(9)
|
USD |
7,662 |
3,566,505 |
|
9.00%, 5/7/23(6)(9)
|
USD |
6,435 |
3,121,169 |
|
9.25%, 9/15/27(9)
|
USD |
5,921 |
2,950,553 |
|
9.25%, 5/7/28(6)(9)
|
USD |
1,030 |
503,168 |
|
9.375%, 1/13/34(9)
|
USD |
1,638 |
805,093 |
|
11.75%, 10/21/26(6)(9)
|
USD |
3,267 |
1,797,070 |
|
11.95%, 8/5/31(6)(9)
|
USD |
5,653 |
3,106,104 |
|
12.75%, 8/23/22(6)(9)
|
USD |
7,853 |
4,390,017 |
|
13.625%, 8/15/18(9)
|
USD |
711 |
422,114 |
|
13.625%, 8/15/18(6)(9)
|
USD |
935 |
555,100 |
|
|
|
|
$ 30,748,178 |
|
Zambia — 0.9% | |||
|
Zambia Government Bonds: |
|
|
|
|
13.00%, 9/20/31(6)
|
ZMW |
4,455 |
$ 222,294 |
|
13.00%, 6/26/33 |
ZMW |
12,254 |
587,169 |
|
14.00%, 7/24/38 |
ZMW |
4,548 |
209,935 |
|
14.50%, 2/16/28 |
ZMW |
24,421 |
1,327,168 |
|
14.90%, 2/16/29 |
ZMW |
45,500 |
2,459,904 |
|
14.98%, 2/16/31 |
ZMW |
2,000 |
106,924 |
|
16.00%, 10/27/28 |
ZMW |
14,104 |
777,038 |
|
16.00%, 11/24/28 |
ZMW |
8,815 |
485,711 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Zambia (continued) | |||
|
Zambia Government Bonds: (continued) |
|
|
|
|
16.49%, 11/24/30 |
ZMW |
20,274 |
$ 1,134,823 |
|
16.60%, 2/16/36 |
ZMW |
9,514 |
512,729 |
|
16.85%, 1/26/33 |
ZMW |
25,612 |
1,413,574 |
|
16.95%, 12/22/32 |
ZMW |
17,975 |
1,003,454 |
|
17.00%, 11/24/32 |
ZMW |
23,801 |
1,318,233 |
|
17.19%, 1/26/36 |
ZMW |
48,349 |
2,656,801 |
|
17.50%, 11/24/35 |
ZMW |
19,393 |
1,076,892 |
|
17.50%, 12/22/35 |
ZMW |
19,824 |
1,101,251 |
|
17.59%, 2/16/41 |
ZMW |
280,667 |
15,135,300 |
|
18.49%, 5/27/32 |
ZMW |
4,455 |
266,369 |
|
18.79%, 1/26/41 |
ZMW |
10,081 |
571,108 |
|
18.99%, 10/27/40 |
ZMW |
17,392 |
994,274 |
|
18.99%, 11/24/40 |
ZMW |
26,445 |
1,510,599 |
|
19.00%, 6/23/35 |
ZMW |
8,815 |
509,530 |
|
19.00%, 8/18/35 |
ZMW |
8,815 |
514,420 |
|
19.00%, 9/29/35 |
ZMW |
3,085 |
179,751 |
|
22.50%, 11/25/34 |
ZMW |
7,934 |
548,956 |
|
22.80%, 2/17/40 |
ZMW |
732 |
48,176 |
|
26.50%, 4/30/39 |
ZMW |
1,891 |
150,799 |
|
|
|
|
$ 36,823,182 |
|
Total Sovereign Government Bonds
(identified cost $1,284,675,497) |
|
|
$1,365,573,089 |
|
Sovereign Loans — 1.6% |
|
Borrower/Description |
Principal
Amount
(000's omitted) |
Value | |
|
Argentina — 0.8% | |||
|
Argentine Republic, 10.038%, (6 mo. USD Term
SOFR + 6.20%), 1/7/31(3)
|
USD |
33,100 |
$ 33,100,000 |
|
Provincia De Neuquen, 11.043%, (1 mo. USD Term
SOFR + 7.30%), 5/28/27(3)
|
USD |
437 |
440,998 |
|
|
|
|
$ 33,540,998 |
|
Bahamas — 0.1% | |||
|
Commonwealth of the Bahamas, 9.445%, (6 mo.
EURIBOR + 6.85%), 11/24/28(3)
|
EUR |
5,006 |
$ 5,909,775 |
|
|
|
|
$ 5,909,775 |
|
Borrower/Description |
Principal
Amount
(000's omitted) |
Value | |
|
Ivory Coast — 0.0%† | |||
|
Republic of Ivory Coast, Term Loan, 8.304%,
(6 mo. EURIBOR + 5.75%), 1/6/28(3)
|
EUR |
800 |
$ 921,943 |
|
|
|
|
$ 921,943 |
|
Tanzania — 0.7% | |||
|
Government of the United Republic of Tanzania,
Term Loan, 10.409%, (6 mo. USD Term SOFR
+ 6.30%), 4/28/31(3)
|
USD |
27,186 |
$ 27,186,441 |
|
|
|
|
$ 27,186,441 |
|
Total Sovereign Loans
(identified cost $67,131,029) |
|
|
$ 67,559,157 |
|
U.S. Government Agency Mortgage-Backed Securities — 0.1% |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Federal Home Loan Mortgage Corp.: |
|
|
|
|
4.228%, (COF + 1.254%), with maturity at
2029(24)
|
$ |
2 |
$ 1,983 |
|
4.23%, (COF + 1.254%), with maturity at
2035(24)
|
|
40 |
39,150 |
|
4.50%, with maturity at 2035 |
|
50 |
48,501 |
|
4.637%, (COF + 1.25%), with maturity at
2030(24)
|
|
31 |
30,507 |
|
6.144%, (1 yr. CMT + 2.356%), with maturity
at 2036(24)
|
|
208 |
214,162 |
|
6.60%, with maturity at 2030 |
|
127 |
129,502 |
|
7.00%, with various maturities to 2035 |
|
176 |
178,100 |
|
7.50%, with various maturities to 2035 |
|
388 |
403,231 |
|
8.00%, with various maturities to 2030 |
|
24 |
25,226 |
|
Federal National Mortgage Association: |
|
|
|
|
3.988%, (COF + 1.254%), with various
maturities to 2035(24)
|
|
74 |
72,831 |
|
4.028%, (COF + 1.302%), with maturity at
2033(24)
|
|
215 |
212,513 |
|
4.084%, (COF + 1.35%), with maturity at
2027(24)
|
|
3 |
3,094 |
|
4.985%, (COF + 1.793%), with maturity at
2035(24)
|
|
378 |
375,367 |
|
5.65%, (1 yr. CMT + 2.15%), with maturity at
2028(24)
|
|
2 |
1,814 |
|
6.00%, with maturity at 2033 |
|
23 |
23,107 |
|
6.351%, (COF + 2.004%), with maturity at
2032(24)
|
|
70 |
71,601 |
|
6.50%, with maturity at 2030 |
|
128 |
128,966 |
|
7.00%, with various maturities to 2031 |
|
141 |
142,873 |
|
8.50%, with various maturities to 2037 |
|
266 |
276,315 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Federal National Mortgage Association:
(continued) |
|
|
|
|
9.00%, with maturity at 2032 |
$ |
3 |
$ 2,835 |
|
11.50%, with maturity at 2031 |
|
32 |
34,437 |
|
Government National Mortgage Association: |
|
|
|
|
6.50%, with maturity at 2032 |
|
64 |
65,941 |
|
7.00%, with maturity at 2031 |
|
75 |
77,277 |
|
7.50%, with maturity at 2028 |
|
1 |
1,448 |
|
Total U.S. Government Agency Mortgage-Backed Securities
(identified cost $2,731,073) |
|
|
$ 2,560,781 |
|
U.S. Government Guaranteed Small Business Administration Loans —
0.1% |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
SBA IO Trust:
Interest Only:(25)(26) Series 2018-2, Class A, 3.776%, 7/25/44(4)
|
$ |
43,714 |
$ 2,239,646 |
|
Total U.S. Government Guaranteed Small Business
Administration Loans
(identified cost $13,345,587) |
|
|
$ 2,239,646 |
|
Short-Term Investments — 50.1% |
|
Affiliated Fund — 2.1% |
|
Security |
Shares |
Value | |
|
Morgan Stanley Institutional Liquidity Funds -
Government Portfolio, Institutional Class, 3.59%(27)
|
|
86,474,475 |
$ 86,474,475 |
|
Total Affiliated Fund
(identified cost $86,474,475) |
|
|
$ 86,474,475 |
|
Repurchase Agreements — 7.0% |
|
Description |
Principal
Amount
(000's omitted) |
Value | |
|
Barclays Bank PLC: |
|
|
|
|
Dated 7/31/26 with an interest rate of 3.40%,
collateralized by
USD 10,712,000 Kazakhstan Government
International Bonds, 5.442%, due
2/14/37 and a market value, including
accrued interest, of $10,944,931(28)
|
USD |
11,502 |
$ 11,502,010 |
|
Dated 7/30/26 with an interest rate of 3.40%,
collateralized by USD 10,712,000 Uruguay
Government International Bonds, 5.442%,
due 2/14/37 and a market value, including
accrued interest, of $10,944,931(28)
|
USD |
11,556 |
11,555,570 |
|
Description |
Principal
Amount
(000's omitted) |
Value | |
|
Barclays Bank PLC: (continued) |
|
|
|
|
Dated 7/2/26 with an interest rate of 3.30%,
collateralized by USD 5,466,000 Ecuador
Government International Bonds, 6.90%, due
7/31/35 and a market value, including
accrued interest, of $4,928,647(28)
|
USD |
5,439 |
$ 5,438,670 |
|
Dated 6/24/26 with an interest rate of 3.30%,
collateralized by USD 5,270,000 Ecuador
Government International Bonds, 6.90%, due
7/31/35 and a market value, including
accrued interest, of $4,751,915(28)
|
USD |
5,244 |
5,243,650 |
|
Dated 6/16/26 with an interest rate of 3.40%,
collateralized by USD 5,270,000 Ecuador
Government International Bonds, 6.90%, due
7/31/35 and a market value, including
accrued interest, of $4,751,915(28)
|
USD |
5,329 |
5,329,287 |
|
Dated 6/15/26 with an interest rate of 3.00%,
collateralized by USD 3,200,000 Abu Dhabi
Government International Bonds, 5.50%, due
4/30/54 and a market value, including
accrued interest, of $3,024,718(28)
|
USD |
3,316 |
3,316,000 |
|
Dated 6/15/26 with an interest rate of 3.00%,
collateralized by USD 1,067,000 Abu Dhabi
Government International Bonds, 3.00%, due
9/15/51 and a market value, including
accrued interest, of $663,520(28)
|
USD |
734 |
733,563 |
|
Dated 4/15/26 with an interest rate of 3.25%,
collateralized by USD 2,319,000 Bahrain
Government International Bonds, 5.625%,
due 5/18/34 and a market value, including
accrued interest, of $2,062,479(28)
|
USD |
2,348 |
2,347,987 |
|
Dated 4/15/26 with an interest rate of 3.00%,
collateralized by USD 4,163,000 Saudi
Government International Bonds, 5.00%, due
4/17/49 and a market value, including
accrued interest, of $3,535,123(28)
|
USD |
3,986 |
3,986,072 |
|
Dated 4/15/26 with an interest rate of 3.00%,
collateralized by USD 2,498,000 Saudi
Government International Bonds, 3.45%, due
2/2/61 and a market value, including
accrued interest, of $1,522,912(28)
|
USD |
1,699 |
1,698,640 |
|
Dated 1/12/26 with an interest rate of 3.25%,
collateralized by USD 1,274,000 Kazakhstan
Government International Bonds, 6.50%, due
7/21/45 and a market value, including
accrued interest, of $1,336,398(28)
|
USD |
1,502 |
1,501,728 |
|
Dated 1/12/26 with an interest rate of 3.20%,
collateralized by USD 4,548,000 Kazakhstan
Government International Bonds, 4.875%,
due 10/14/44 and a market value, including
accrued interest, of $4,075,093(28)
|
USD |
4,389 |
4,388,820 |
|
Dated 1/12/26 with an interest rate of 3.20%,
collateralized by USD 2,972,000 Republic of
Armenia International Bonds, 3.60%, due
2/2/31 and a market value, including
accrued interest, of $2,774,101(28)
|
USD |
2,887 |
2,886,555 |
|
Dated 1/12/26 with an interest rate of 2.76%,
collateralized by USD 2,638,000 Bahrain
Government International Bonds, 7.50%, due
7/7/37 and a market value, including
accrued interest, of $2,579,615(28)
|
USD |
2,968 |
2,967,750 |
|
Description |
Principal
Amount
(000's omitted) |
Value | |
|
JPMorgan Chase Bank, N.A.: |
|
|
|
|
Dated 7/24/26 with an interest rate of 3.15%,
collateralized by USD 5,204,000 Saudi
Government International Bonds, 5.00%, due
4/17/49 and a market value, including
accrued interest, of $4,419,116(28)
|
USD |
4,444 |
$ 4,444,361 |
|
Dated 7/24/26 with an interest rate of 2.85%,
collateralized by USD 9,367,000 Saudi
Government International Bonds, 5.75%, due
1/16/54 and a market value, including
accrued interest, of $8,629,522(28)
|
USD |
8,612 |
8,612,176 |
|
Merrill Lynch International: |
|
|
|
|
Dated 7/29/26 with an interest rate of 3.25%,
collateralized by USD 10,712,000 Uruguay
Government International Bonds, 5.442%,
due 2/14/37 and a market value, including
accrued interest, of $10,944,931(28)
|
USD |
11,048 |
11,047,646 |
|
Dated 6/11/26 with an interest rate of 2.25%,
collateralized by USD 2,133,000 Abu Dhabi
Government International Bonds, 4.25%, due
3/5/36 and a market value, including
accrued interest, of $2,169,765(28)
|
USD |
2,066 |
2,066,344 |
|
Dated 5/4/26 with an interest rate of 3.35%,
collateralized by USD 3,840,000 Abu Dhabi
Government International Bonds, 3.00%, due
9/15/51 and a market value, including
accrued interest, of $2,387,926(28)
|
USD |
2,482 |
2,481,600 |
|
Dated 4/15/26 with an interest rate of 3.35%,
collateralized by USD 5,334,000 Abu Dhabi
Government International Bonds, 5.50%, due
4/30/54 and a market value, including
accrued interest, of $5,041,827(28)
|
USD |
5,401 |
5,400,675 |
|
Dated 10/31/25 with an interest rate of 3.00%,
collateralized by USD 1,553,000 Kazakhstan
Government International Bonds, 6.50%, due
7/21/45 and a market value, including
accrued interest, of $1,629,063(28)
|
USD |
1,768 |
1,768,479 |
|
Nomura International PLC: |
|
|
|
|
Dated 7/9/26 with an interest rate of 3.30%,
collateralized by USD 5,000,000 Ecuador
Government International Bonds, 6.90%, due
7/31/35 and a market value, including
accrued interest, of $4,508,458(28)
|
USD |
4,961 |
4,961,250 |
|
Dated 7/30/26 with an interest rate of 3.25%,
collateralized by USD 10,000,000 Indonesia
Government International Bonds, 4.90%, due
4/16/36 and a market value, including
accrued interest, of $9,569,622(28)
|
USD |
10,002 |
10,002,341 |
|
Dated 7/21/26 with an interest rate of 3.25%,
collateralized by USD 3,300,000 Indonesia
Government International Bonds, 5.125%,
due 1/15/45 and a market value, including
accrued interest, of $2,264,303(28)
|
USD |
3,121 |
3,120,671 |
|
Dated 7/21/26 with an interest rate of 3.25%,
collateralized by USD 2,800,000 Indonesia
Government International Bonds, 3.70%, due
10/30/49 and a market value, including
accrued interest, of $1,941,037(28)
|
USD |
2,076 |
2,075,810 |
|
Description |
Principal
Amount
(000's omitted) |
Value | |
|
Nomura International PLC: (continued) |
|
|
|
|
Dated 7/15/26 with an interest rate of 3.25%,
collateralized by USD 5,400,000 Indonesia
Government International Bonds, 4.35%, due
1/11/48 and a market value, including
accrued interest, of $4,177,896(28)
|
USD |
4,511 |
$ 4,511,416 |
|
Dated 7/15/26 with an interest rate of 3.25%,
collateralized by USD 5,200,000 Indonesia
Government International Bonds, 3.05%, due
3/12/51 and a market value, including
accrued interest, of $3,175,106(28)
|
USD |
3,412 |
3,412,367 |
|
Dated 6/30/26 with an interest rate of 2.50%,
collateralized by USD 5,800,000 Indonesia
Government International Bonds, 5.45%, due
9/20/52 and a market value, including
accrued interest, of $5,340,947(28)
|
USD |
5,894 |
5,893,895 |
|
Dated 6/29/26 with an interest rate of 3.30%,
collateralized by USD 5,000,000 Ecuador
Government International Bonds, 6.90%, due
7/31/35 and a market value, including
accrued interest, of $4,508,458(28)
|
USD |
4,959 |
4,958,625 |
|
Dated 6/25/26 with an interest rate of 3.30%,
collateralized by USD 5,000,000 Ecuador
Government International Bonds, 6.90%, due
7/31/35 and a market value, including
accrued interest, of $4,508,458(28)
|
USD |
4,956 |
4,956,000 |
|
Dated 6/16/26 with an interest rate of 3.30%,
collateralized by USD 5,270,000 Ecuador
Government International Bonds, 6.90%, due
7/31/35 and a market value, including
accrued interest, of $4,751,915(28)
|
USD |
5,326 |
5,325,994 |
|
Dated 6/15/26 with an interest rate of 3.20%,
collateralized by USD 622,000 Egypt
Government International Bonds, 8.875%,
due 5/29/50 and a market value, including
accrued interest, of $631,507(28)
|
USD |
657 |
657,182 |
|
Dated 6/15/26 with an interest rate of 3.20%,
collateralized by USD 4,270,000 Saudi
Government International Bonds, 5.25%, due
1/16/50 and a market value, including
accrued interest, of $3,704,505(28)
|
USD |
4,231 |
4,231,303 |
|
Dated 6/15/26 with an interest rate of 3.20%,
collateralized by USD 1,120,000 Qatar
Government International Bonds, 5.103%,
due 4/23/48 and a market value, including
accrued interest, of $1,135,558(28)
|
USD |
1,138 |
1,137,780 |
|
Dated 5/27/26 with an interest rate of 2.65%,
collateralized by USD 7,227,000 Egypt
Government International Bonds, 7.30%, due
9/30/33 and a market value, including
accrued interest, of $7,404,322(28)
|
USD |
7,619 |
7,618,703 |
|
Dated 5/19/26 with an interest rate of 3.20%,
collateralized by USD 1,561,000 Egypt
Government International Bonds, 7.50%, due
2/16/61 and a market value, including
accrued interest, of $1,614,659(28)
|
USD |
1,344 |
1,344,021 |
|
Dated 4/2/26 with an interest rate of 3.20%,
collateralized by USD 2,082,000 Saudi
Government International Bonds, 4.875%,
due 7/18/33 and a market value, including
accrued interest, of $2,039,572(28)
|
USD |
2,188 |
2,188,285 |
|
Description |
Principal
Amount
(000's omitted) |
Value | |
|
Nomura International PLC: (continued) |
|
|
|
|
Dated 4/2/26 with an interest rate of 2.80%,
collateralized by USD 5,333,000 UAE
International Government Bonds, 4.857%,
due 7/2/34 and a market value, including
accrued interest, of $5,298,105(28)
|
USD |
5,717 |
$ 5,717,243 |
|
Dated 4/15/26 with an interest rate of 3.20%,
collateralized by USD 1,628,000 Qatar
Government International Bonds, 4.817%,
due 3/14/49 and a market value, including
accrued interest, of $1,657,843(28)
|
USD |
1,573 |
1,572,648 |
|
Dated 4/15/26 with an interest rate of 3.20%,
collateralized by USD 1,011,000 Egypt
Government International Bonds, 8.75%, due
9/30/51 and a market value, including
accrued interest, of $1,040,733(28)
|
USD |
1,017 |
1,017,496 |
|
Dated 3/5/26 with an interest rate of 3.05%,
collateralized by USD 5,495,000 Global
Sukuk Ventures, 4.25%, due 11/10/35 and a
market value, including accrued interest, of
$5,285,896(28)
|
USD |
5,806 |
5,805,811 |
|
Dated 3/30/26 with an interest rate of 3.20%,
collateralized by USD 2,091,000 Egypt
Government International Bonds, 7.625%,
due 5/29/32 and a market value, including
accrued interest, of $524,071(28)
|
USD |
2,158 |
2,158,445 |
|
Dated 3/30/26 with an interest rate of 3.20%,
collateralized by USD 10,409,000 Saudi
Government International Bonds, 4.875%,
due 1/12/36 and a market value, including
accrued interest, of $10,007,219(28)
|
USD |
10,741 |
10,741,463 |
|
Dated 3/26/26 with an interest rate of 3.20%,
collateralized by USD 600,000 Hungary
Government International Bonds, 7.625%,
due 3/29/41 and a market value, including
accrued interest, of $707,356(28)
|
USD |
739 |
739,494 |
|
Dated 3/26/26 with an interest rate of 3.20%,
collateralized by USD 3,075,000 Hungary
Government International Bonds, 5.50%, due
6/16/34 and a market value, including
accrued interest, of $3,094,493(28)
|
USD |
3,244 |
3,243,602 |
|
Dated 3/26/26 with an interest rate of 3.20%,
collateralized by EUR 443,000 Hungary
Government International Bonds, 1.50%, due
11/17/50 and a market value, including
accrued interest, of $265,022(28)
|
USD |
271 |
271,132 |
|
Dated 2/5/26 with an interest rate of 3.25%,
collateralized by USD 9,546,000 Indonesia
Government International Bonds, 4.65%, due
9/20/32 and a market value, including
accrued interest, of $9,414,978(28)
|
USD |
10,236 |
10,235,794 |
|
Dated 2/5/26 with a maturity date of 8/3/26, an
interest rate of 3.25% and repurchase
proceeds $10,653,793, collateralized by
USD 10,000,000 Indonesia Government
International Bonds, 4.90%, due
4/16/36 and a market value, including
accrued interest, of $9,569,622 |
USD |
10,485 |
10,485,300 |
|
Dated 2/26/26 with an interest rate of 3.20%,
collateralized by USD 3,236,000 Egypt
Government International Bonds, 7.625%,
due 5/29/32 and a market value, including
accrued interest, of $811,045(28)
|
USD |
3,582 |
3,581,621 |
|
Description |
Principal
Amount
(000's omitted) |
Value | |
|
Nomura International PLC: (continued) |
|
|
|
|
Dated 2/25/26 with an interest rate of 3.20%,
collateralized by USD 4,115,000 Hungary
Government International Bonds, 5.50%, due
3/26/36 and a market value, including
accrued interest, of $4,125,498(28)
|
USD |
4,487 |
$ 4,487,099 |
|
Dated 2/24/26 with an interest rate of 3.20%,
collateralized by USD 4,107,000 Hungary
Government International Bonds, 5.50%, due
3/26/36 and a market value, including
accrued interest, of $4,117,478(28)
|
USD |
4,468 |
4,467,596 |
|
Dated 2/24/26 with an interest rate of 3.20%,
collateralized by EUR 1,086,000 Hungary
Government International Bonds, 1.50%, due
11/17/50 and a market value, including
accrued interest, of $649,693(28)
|
USD |
706 |
706,250 |
|
Dated 2/23/26 with an interest rate of 3.25%,
collateralized by USD 8,600,000 Indonesia
Government International Bonds, 3.85%, due
10/15/30 and a market value, including
accrued interest, of $8,320,366(28)
|
USD |
9,012 |
9,012,083 |
|
Dated 2/19/26 with an interest rate of 3.20%,
collateralized by USD 2,053,000 Hungary
Government International Bonds, 5.50%, due
3/26/36 and a market value, including
accrued interest, of $2,058,238(28)
|
USD |
2,232 |
2,232,176 |
|
Dated 2/19/26 with an interest rate of 3.20%,
collateralized by EUR 5,100,000 Hungary
Government International Bonds, 4.50%, due
6/16/34 and a market value, including
accrued interest, of $6,043,868(28)
|
USD |
6,677 |
6,677,032 |
|
Dated 12/11/25 with an interest rate of 3.20%,
collateralized by USD 555,000 Kazakhstan
Government International Bonds, 6.50%, due
7/21/45 and a market value, including
accrued interest, of $582,183(28)
|
USD |
661 |
660,547 |
|
Dated 12/11/25 with an interest rate of 1.65%,
collateralized by EUR 1,956,000 Republic of
Poland Government International Bonds,
1.00%, due 3/7/29 and a market value,
including accrued interest, of $2,159,757(28)
|
USD |
2,206 |
2,205,758 |
|
Dated 1/5/26 with an interest rate of 3.15%,
collateralized by USD 5,883,000 Republic of
Azerbaijan International Bonds, 3.50%, due
9/1/32 and a market value, including
accrued interest, of $5,533,833(28)
|
USD |
5,881 |
5,880,647 |
|
Dated 1/27/26 with an interest rate of 3.25%,
collateralized by USD 8,900,000 Indonesia
Government International Bonds, 4.30%, due
3/31/52 and a market value, including
accrued interest, of $6,773,401(28)
|
USD |
7,770 |
7,770,367 |
|
Dated 1/27/26 with an interest rate of 3.25%,
collateralized by USD 6,500,000 Indonesia
Government International Bonds, 4.20%, due
10/15/50 and a market value, including
accrued interest, of $4,898,521(28)
|
USD |
5,600 |
5,599,912 |
|
Dated 1/13/26 with an interest rate of 3.25%,
collateralized by USD 9,200,000 Indonesia
Government International Bonds, 4.20%, due
10/15/50 and a market value, including
accrued interest, of $6,933,291(28)
|
USD |
7,921 |
7,921,200 |
|
Description |
Principal
Amount
(000's omitted) |
Value | |
|
Nomura International PLC: (continued) |
|
|
|
|
Dated 1/13/26 with an interest rate of 3.25%,
collateralized by USD 13,290,000 Indonesia
Government International Bonds, 5.65%, due
1/11/53 and a market value, including
accrued interest, of $12,338,062(28)
|
USD |
13,968 |
$ 13,968,454 |
|
Total Repurchase Agreements
(identified cost $292,272,396) |
|
|
$ 292,272,396 |
|
Sovereign Government Securities — 12.6% |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Albania — 0.1% | |||
|
Albanian Treasury Bills, 0.00%, 1/28/27 |
ALL |
267,980 |
$ 3,254,695 |
|
|
|
|
$ 3,254,695 |
|
Egypt — 3.7% | |||
|
Egypt Treasury Bills: |
|
|
|
|
0.00%, 9/15/26 |
EGP |
2,049,750 |
$ 39,172,601 |
|
0.00%, 9/22/26 |
EGP |
78,300 |
1,489,419 |
|
0.00%, 10/20/26 |
EGP |
104,400 |
1,949,539 |
|
0.00%, 1/19/27 |
EGP |
208,800 |
3,674,094 |
|
0.00%, 3/16/27 |
EGP |
6,326,450 |
107,439,273 |
|
0.00%, 4/20/27 |
EGP |
156,600 |
2,602,894 |
|
|
|
|
$ 156,327,820 |
|
Hungary — 4.8% | |||
|
National Bank of Hungary Bills, 0.00%, 8/6/26 |
HUF |
63,908,000 |
$ 201,935,107 |
|
|
|
|
$ 201,935,107 |
|
Nigeria — 4.0% | |||
|
Nigeria OMO Bills: |
|
|
|
|
0.00%, 8/4/26 |
NGN |
3,424,706 |
$ 2,508,722 |
|
0.00%, 8/11/26 |
NGN |
30,354,528 |
22,254,235 |
|
0.00%, 8/18/26 |
NGN |
4,757,113 |
3,473,377 |
|
0.00%, 8/25/26 |
NGN |
9,981,080 |
7,258,221 |
|
0.00%, 9/1/26 |
NGN |
3,073,731 |
2,226,323 |
|
0.00%, 9/8/26 |
NGN |
23,212,369 |
16,747,192 |
|
0.00%, 9/15/26 |
NGN |
7,788,689 |
5,597,754 |
|
0.00%, 9/22/26 |
NGN |
4,011,186 |
2,871,941 |
|
0.00%, 9/29/26 |
NGN |
7,560,980 |
5,410,610 |
|
0.00%, 10/6/26 |
NGN |
32,486,995 |
23,088,582 |
|
0.00%, 10/13/26 |
NGN |
3,634,336 |
2,573,617 |
|
0.00%, 10/20/26 |
NGN |
1,797,119 |
1,268,096 |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Nigeria (continued) | |||
|
Nigeria OMO Bills: (continued) |
|
|
|
|
0.00%, 10/27/26 |
NGN |
21,321,096 |
$ 14,992,235 |
|
0.00%, 11/3/26 |
NGN |
7,808,536 |
5,471,367 |
|
0.00%, 11/10/26 |
NGN |
30,899,022 |
21,572,806 |
|
0.00%, 1/12/27 |
NGN |
28,555,407 |
19,323,790 |
|
0.00%, 1/19/27 |
NGN |
14,641,344 |
9,874,942 |
|
|
|
|
$ 166,513,810 |
|
Total Sovereign Government Securities
(identified cost $527,652,228) |
|
|
$ 528,031,432 |
|
U.S. Treasury Obligations — 28.4% |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
U.S. Treasury Bills: |
|
|
|
|
0.00%, 8/6/26 |
$ |
109,172 |
$ 109,139,094 |
|
0.00%, 8/13/26(29)
|
|
105,500 |
105,394,500 |
|
0.00%, 9/3/26(29)
|
|
106,139 |
105,807,063 |
|
0.00%, 9/10/26(29)
|
|
120,503 |
120,042,107 |
|
0.00%, 9/17/26 |
|
96,000 |
95,561,988 |
|
0.00%, 9/24/26(29)
|
|
104,000 |
103,445,395 |
|
0.00%, 10/8/26(29)
|
|
147,440 |
146,447,749 |
|
0.00%, 10/15/26(29)
|
|
132,560 |
131,571,561 |
|
0.00%, 10/29/26(29)
|
|
196,100 |
194,359,949 |
|
0.00%, 11/5/26(29)
|
|
75,600 |
74,869,739 |
|
Total U.S. Treasury Obligations
(identified cost $1,180,242,742) |
|
|
$1,186,639,145 |
|
Total Short-Term Investments
(identified cost $2,086,641,841) |
|
|
$2,093,417,448 |
|
|
|
| |
|
Total Purchased Options and Swaptions — 0.2%
(identified cost $13,136,458) |
|
|
$ 9,065,760 |
|
Total Investments — 99.7%
(identified cost $4,038,634,554) |
|
|
$4,164,921,420 |
|
Less Unfunded Loan Commitments — (0.7)% |
|
|
$ (27,180,640) |
|
Net Investments — 99.0%
(identified cost $4,011,453,914) |
|
|
$4,137,740,780 |
|
Total Written Options — (0.0)%†
(premiums received $1,764,587) |
|
|
$ (1,623,930) |
|
Securities Sold Short — (7.0)% | |||
|
Exchange-Traded Funds — (2.0)% |
|
Security |
Shares |
Value | |
|
United States — (2.0)% | |||
|
iShares Broad USD High Yield Corporate Bond ETF |
|
(802,332) |
$ (29,509,771) |
|
iShares JPMorgan USD Emerging Markets Bond ETF |
|
(595,063) |
(56,328,663) |
|
Total Exchange-Traded Funds
(proceeds $84,127,132) |
|
|
$ (85,838,434) |
|
Sovereign Government Bonds — (5.0)% |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Armenia — (0.1)% | |||
|
Republic of Armenia International Bonds, 3.60%,
2/2/31(6)
|
USD |
(2,972) |
$ (2,720,903) |
|
|
|
|
$ (2,720,903) |
|
Azerbaijan — (0.1)% | |||
|
Republic of Azerbaijan International Bonds, 3.50%,
9/1/32(6)
|
USD |
(5,883) |
$ (5,448,039) |
|
|
|
|
$ (5,448,039) |
|
Bahrain — (0.1)% | |||
|
Bahrain Government International Bonds: |
|
|
|
|
5.625%, 5/18/34(6)
|
USD |
(2,319) |
$ (2,036,028) |
|
7.50%, 7/7/37(6)
|
USD |
(2,638) |
(2,566,425) |
|
|
|
|
$ (4,602,453) |
|
Ecuador — (0.1)% | |||
|
Ecuador Government International Bonds, 6.90%,
7/31/35(6)
|
USD |
(4,143) |
$ (3,735,303) |
|
|
|
|
$ (3,735,303) |
|
Hungary — (0.5)% | |||
|
Hungary Government International Bonds: |
|
|
|
|
1.50%, 11/17/50(6)
|
EUR |
(1,529) |
$ (896,093) |
|
4.50%, 6/16/34(6)
|
EUR |
(5,100) |
(6,010,515) |
|
5.50%, 6/16/34(6)
|
USD |
(3,075) |
(3,073,353) |
|
5.50%, 3/26/36(6)
|
USD |
(10,275) |
(10,104,990) |
|
7.625%, 3/29/41 |
USD |
(600) |
(691,852) |
|
|
|
|
$ (20,776,803) |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
Indonesia — (1.8)% | |||
|
Indonesia Government International Bonds: |
|
|
|
|
3.05%, 3/12/51 |
USD |
(5,200) |
$ (3,113,869) |
|
3.70%, 10/30/49 |
USD |
(2,800) |
(1,914,849) |
|
3.85%, 10/15/30 |
USD |
(8,600) |
(8,222,876) |
|
4.20%, 10/15/50 |
USD |
(15,700) |
(11,637,655) |
|
4.30%, 3/31/52 |
USD |
(8,900) |
(6,644,771) |
|
4.35%, 1/11/48 |
USD |
(5,400) |
(4,164,846) |
|
4.65%, 9/20/32 |
USD |
(9,546) |
(9,253,451) |
|
4.90%, 4/16/36 |
USD |
(10,000) |
(9,426,705) |
|
5.125%, 1/15/45(6)
|
USD |
(3,300) |
(2,913,089) |
|
5.45%, 9/20/52 |
USD |
(5,800) |
(5,225,921) |
|
5.65%, 1/11/53 |
USD |
(13,290) |
(12,296,347) |
|
|
|
|
$ (74,814,379) |
|
Kazakhstan — (0.2)% | |||
|
Kazakhstan Government International Bonds: |
|
|
|
|
4.875%, 10/14/44(6)
|
USD |
(4,548) |
$ (4,009,194) |
|
6.50%, 7/21/45(6)
|
USD |
(3,382) |
(3,541,537) |
|
|
|
|
$ (7,550,731) |
|
Poland — (0.2)% | |||
|
Republic of Poland Government International Bonds,
1.00%, 3/7/29(6)
|
EUR |
(7,156) |
$ (7,868,208) |
|
|
|
|
$ (7,868,208) |
|
Qatar — (0.1)% | |||
|
Global Sukuk Ventures, 4.25%, 11/10/35(6)
|
USD |
(5,495) |
$ (5,233,350) |
|
|
|
|
$ (5,233,350) |
|
Saudi Arabia — (0.8)% | |||
|
Saudi Government International Bonds: |
|
|
|
|
3.45%, 2/2/61(6)
|
USD |
(2,498) |
$ (1,480,061) |
|
4.875%, 7/18/33(6)
|
USD |
(2,082) |
(2,035,907) |
|
4.875%, 1/12/36(6)
|
USD |
(10,409) |
(9,980,437) |
|
5.00%, 4/17/49(6)
|
USD |
(9,367) |
(7,818,938) |
|
5.25%, 1/16/50(6)
|
USD |
(4,270) |
(3,695,165) |
|
5.75%, 1/16/54(6)
|
USD |
(9,367) |
(8,607,080) |
|
|
|
|
$ (33,617,588) |
|
United Arab Emirates — (0.4)% | |||
|
Abu Dhabi Government International Bonds: |
|
|
|
|
3.00%, 9/15/51(6)
|
USD |
(4,907) |
$ (2,995,833) |
|
5.50%, 4/30/54(6)
|
USD |
(8,534) |
(7,947,899) |
|
Security |
Principal
Amount
(000's omitted) |
Value | |
|
United Arab Emirates (continued) | |||
|
UAE International Government Bonds, 4.857%,
7/2/34(6)
|
USD |
(5,333) |
$ (5,277,239) |
|
|
|
|
$ (16,220,971) |
|
Uruguay — (0.6)% | |||
|
Uruguay Government Bonds, 5.442%, 2/14/37 |
USD |
(26,046) |
$ (25,954,839) |
|
|
|
|
$ (25,954,839) |
|
Total Sovereign Government Bonds
(proceeds $214,960,251) |
|
|
$ (208,543,567) |
|
Total Securities Sold Short
(proceeds $299,087,383) |
|
|
$ (294,382,001) |
|
|
|
| |
|
Other Assets, Less Liabilities — 8.0% |
|
|
$ 335,555,012 |
|
Net Assets — 100.0% |
|
|
$4,177,289,861 |
|
The percentage shown for each investment category in the Consolidated
Portfolio of Investments is based on net assets. | |
|
†
|
Amount is less than 0.05% or (0.05)%, as applicable. |
|
(1)
|
Weighted average fixed-rate coupon that changes/updates monthly. Rate
shown is the rate at July 31, 2026. |
|
(2)
|
Inverse floating-rate security whose coupon varies inversely with changes
in the interest rate index. The stated interest rate represents the coupon
rate in effect at July 31, 2026. |
|
(3)
|
Variable rate security. The stated interest rate represents the rate in effect
at July 31, 2026. |
|
(4)
|
Security exempt from registration under Rule 144A of the Securities Act
of 1933, as amended. These securities may be sold in certain
transactions in reliance on an exemption from registration (normally to
qualified institutional buyers). At July 31, 2026, the aggregate value of
these securities is $122,186,342 or 2.9% of the Portfolio's net assets. |
|
(5)
|
Non-income producing security. |
|
(6)
|
Security exempt from registration under Regulation S of the Securities
Act of 1933, as amended, which exempts from registration securities
offered and sold outside the United States. Security may not be offered
or sold in the United States except pursuant to an exemption from, or in
a transaction not subject to, the registration requirements of the
Securities Act of 1933, as amended. At July 31, 2026, the aggregate
value of these securities is $416,544,009 or 10.0% of the Portfolio's
net assets. |
|
(7)
|
Securities are traded on separate exchanges for the same entity. |
|
(8)
|
Security whose performance is linked to the price of an underlying
security issued by the United Republic of Tanzania. The investment is
subject to credit risk of the issuing financial institution (Absa Bank Ltd.)
in addition to the market risk of the underlying security. |
|
(9)
|
Issuer is in default with respect to interest and/or principal payments or
has declared bankruptcy and is non-income producing. For a variable
rate security, interest rate has been adjusted to reflect non-accrual
status. |
|
(10)
|
Represents a payment-in-kind security which may pay interest in
additional principal at the issuer’s discretion. |
|
(11)
|
Perpetual security with no stated maturity date but may be subject to
calls by the issuer. |
|
(12)
|
Security converts to variable rate after the indicated fixed-rate coupon
period. |
|
(13)
|
Security is valued using significant unobservable inputs and is
categorized as Level 3 in the fair value hierarchy. |
|
(14)
|
Security (or a portion thereof) has been pledged for the benefit of the
counterparty for reverse repurchase agreements. |
|
(15)
|
Quantity held represents principal in USD. |
|
(16)
|
Security is subject to risk of loss depending on the occurrence, frequency
and severity of the loss events that are covered by underlying reinsurance
contracts and that may occur during a specified risk period. |
|
(17)
|
Restricted security. |
|
(18)
|
Senior floating-rate loans (Senior Loans) often require prepayments from
excess cash flows or permit the borrowers to repay at their election. The
degree to which borrowers repay, whether as a contractual requirement
or at their election, cannot be predicted with accuracy. As a result, the
actual remaining maturity may be substantially less than the stated
maturities shown. However, Senior Loans will typically have an expected
average life of approximately two to four years. Senior Loans typically
have rates of interest which are redetermined periodically by reference to
a base lending rate, plus a spread. These base lending rates are
primarily the Secured Overnight Financing Rate (“SOFR”) and
secondarily, the prime rate offered by one or more major United States
banks (the “Prime Rate”). Base lending rates may be subject to a floor,
or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and
may also be subject to a credit spread adjustment. Senior Loans are
generally subject to contractual restrictions that must be satisfied before
they can be bought or sold. |
|
(19)
|
Unfunded or partially unfunded loan commitments. The stated interest
rate reflects the reference rate and spread for the funded portion, if any.
At July 31, 2026, the total value of unfunded loan commitments is
$27,180,634. |
|
(20)
|
Fixed-rate loan. |
|
(21)
|
Step coupon security. Interest rate represents the rate in effect at
July 31, 2026. |
|
(22)
|
Inflation-linked security whose principal is adjusted for inflation based on
changes in a designated inflation index or inflation rate for the applicable
country. Interest is calculated based on the inflation-adjusted principal. |
|
(23)
|
When-issued security. |
|
(24)
|
Adjustable rate mortgage security whose interest rate generally adjusts
monthly based on a weighted average of interest rates on the underlying
mortgages. The coupon rate may not reflect the applicable index value
as interest rates on the underlying mortgages may adjust on various
dates and at various intervals and may be subject to lifetime ceilings and
lifetime floors and lookback periods. Rate shown is the coupon rate at
July 31, 2026. |
|
(25)
|
Interest only security that entitles the holder to receive only a portion of
the interest payments on the underlying loans. Principal amount shown
is the notional amount of the underlying loans on which coupon interest
is calculated. |
|
(26)
|
The stated interest rate represents the weighted average fixed interest
rate at July 31, 2026 of all interest only securities comprising the trust. |
|
(27)
|
May be deemed to be an affiliated investment company. The rate shown
is the annualized seven-day yield as of July 31, 2026. |
|
(28)
|
Open repurchase agreement with no specific maturity date. Either party
may terminate the agreement upon demand. |
|
(29)
|
Security (or a portion thereof) has been pledged to cover collateral
requirements on open derivative contracts. |
|
Purchased Currency Options (OTC) — 0.1% | |||||||
|
Description |
Counterparty |
Notional Amount |
Exercise
Price |
Expiration
Date |
Value | ||
|
Call USD vs. Put COP |
HSBC Bank USA, N.A. |
USD |
19,320,000 |
COP |
4,060.00 |
8/20/26 |
$135 |
|
Call USD vs. Put EUR |
Barclays Bank PLC |
EUR |
70,472,000 |
EUR |
1.10 |
1/25/27 |
197,067 |
|
Put USD vs. Call CLP |
Bank of America, N.A. |
USD |
2,722,655 |
CLP |
875.00 |
10/26/26 |
361,501 |
|
Put USD vs. Call CLP |
Bank of America, N.A. |
USD |
25,091,000 |
CLP |
886.00 |
1/27/27 |
322,896 |
|
Put USD vs. Call CNH |
Bank of America, N.A. |
USD |
21,000,000 |
CNH |
6.60 |
11/4/26 |
12,579 |
|
Put USD vs. Call CNH |
Barclays Bank PLC |
USD |
19,000,000 |
CNH |
6.60 |
11/4/26 |
11,381 |
|
Put USD vs. Call CNH |
Barclays Bank PLC |
USD |
11,000,000 |
CNH |
6.60 |
11/10/26 |
8,679 |
|
Put USD vs. Call CNH |
Citibank, N.A. |
USD |
13,000,000 |
CNH |
6.60 |
11/4/26 |
7,787 |
|
Put USD vs. Call CNH |
Goldman Sachs International |
USD |
18,000,000 |
CNH |
6.60 |
11/4/26 |
10,782 |
|
Put USD vs. Call CNH |
Goldman Sachs International |
USD |
9,800,000 |
CNH |
6.60 |
11/10/26 |
7,732 |
|
Put USD vs. Call CNH |
JPMorgan Chase Bank, N.A. |
USD |
26,000,000 |
CNH |
6.60 |
11/4/26 |
15,574 |
|
Put USD vs. Call INR |
Bank of America, N.A. |
USD |
801,500 |
INR |
92.00 |
10/1/26 |
20,210 |
|
Put USD vs. Call INR |
Barclays Bank PLC |
USD |
15,000,000 |
INR |
94.00 |
9/10/26 |
19,290 |
|
Put USD vs. Call INR |
Barclays Bank PLC |
USD |
1,920,000 |
INR |
92.00 |
9/30/26 |
47,307 |
|
Put USD vs. Call INR |
BNP Paribas |
USD |
20,000,000 |
INR |
94.00 |
9/10/26 |
25,720 |
|
Put USD vs. Call INR |
Goldman Sachs International |
USD |
15,000,000 |
INR |
94.00 |
9/10/26 |
19,290 |
|
Put USD vs. Call INR |
Goldman Sachs International |
USD |
13,800,000 |
INR |
95.00 |
10/16/26 |
67,620 |
|
Put USD vs. Call INR |
JPMorgan Chase Bank, N.A. |
USD |
15,000,000 |
INR |
95.00 |
10/16/26 |
73,500 |
|
Put USD vs. Call INR |
JPMorgan Chase Bank, N.A. |
USD |
15,600,000 |
INR |
85.50 |
1/25/29 |
15,538 |
|
Put USD vs. Call INR |
JPMorgan Chase Bank, N.A. |
USD |
8,400,000 |
INR |
85.50 |
1/25/29 |
8,366 |
|
Put USD vs. Call INR |
JPMorgan Chase Bank, N.A. |
USD |
8,000,000 |
INR |
85.50 |
1/30/29 |
8,056 |
|
Put USD vs. Call KRW |
Bank of America, N.A. |
USD |
13,600,000 |
KRW |
1,440.00 |
9/8/26 |
140,039 |
|
Put USD vs. Call KRW |
Barclays Bank PLC |
USD |
10,000,000 |
KRW |
1,420.00 |
9/17/26 |
91,790 |
|
Put USD vs. Call KRW |
Barclays Bank PLC |
USD |
10,000,000 |
KRW |
1,425.00 |
10/1/26 |
121,360 |
|
Put USD vs. Call KRW |
Barclays Bank PLC |
USD |
5,785,000 |
KRW |
1,450.00 |
12/18/26 |
170,704 |
|
Put USD vs. Call KRW |
Citibank, N.A. |
USD |
9,000,000 |
KRW |
1,440.00 |
9/10/26 |
93,618 |
|
Put USD vs. Call KRW |
Citibank, N.A. |
USD |
10,000,000 |
KRW |
1,420.00 |
9/22/26 |
97,150 |
|
Put USD vs. Call KRW |
Goldman Sachs International |
USD |
9,000,000 |
KRW |
1,420.00 |
9/21/26 |
85,734 |
|
Put USD vs. Call KRW |
Goldman Sachs International |
USD |
14,200,000 |
KRW |
1,440.00 |
1/20/27 |
144,712 |
|
Put USD vs. Call KRW |
JPMorgan Chase Bank, N.A. |
USD |
9,000,000 |
KRW |
1,440.00 |
9/8/26 |
92,673 |
|
Put USD vs. Call KRW |
JPMorgan Chase Bank, N.A. |
USD |
10,000,000 |
KRW |
1,420.00 |
9/28/26 |
103,070 |
|
Put USD vs. Call KRW |
JPMorgan Chase Bank, N.A. |
USD |
20,800,000 |
KRW |
1,440.00 |
1/20/27 |
211,973 |
|
Put USD vs. Call KRW |
Standard Chartered Bank |
USD |
6,300,000 |
KRW |
1,440.00 |
9/14/26 |
66,522 |
|
Total |
|
|
|
|
|
|
$2,680,355 |
|
Purchased Call Futures Style Options (Exchange-Traded) — (0.0)%† | |||||||
|
Description |
Number of
Contracts |
Notional Amount |
Exercise
Price |
Expiration
Date |
Value/Unrealized
Appreciation
(Depreciation) | ||
|
Dutch TTF Natural Gas Futures 09/26 |
217 |
EUR |
9,229,253 |
USD |
85.00 |
8/26/26 |
$(1,513,090) |
|
ICE Brent Crude Oil Futures 12/26 |
851 |
USD |
72,054,170 |
USD |
100.00 |
10/27/26 |
178,710 |
|
Total |
|
|
|
|
|
|
$(1,334,380) |
|
†
|
Amount is less than 0.05% or (0.05)%, as applicable. |
|
Purchased Interest Rate Swaptions (OTC) — 0.1% | |||||
|
Description |
Counterparty |
Notional Amount |
Expiration
Date |
Value | |
|
Option to enter into interest rate swap expiring
1/29/37 to pay 4.50% and receive SOFR |
JPMorgan Chase Bank, N.A. |
USD |
60,632,000 |
1/27/27 |
$799,130 |
|
Option to enter into interest rate swap expiring
6/11/32 to receive 3-month ZAR-JIBAR and pay
8.02% |
JPMorgan Chase Bank, N.A. |
ZAR |
662,850,000 |
6/11/27 |
670,832 |
|
Option to enter into interest rate swap expiring
6/11/32 to receive 6-month PLN-WIBOR and
pay 4.88% |
JPMorgan Chase Bank, N.A. |
PLN |
127,224,000 |
6/9/27 |
367,353 |
|
Option to enter into interest rate swap expiring
6/14/32 to receive 3-month ZAR-JIBAR and pay
7.86% |
JPMorgan Chase Bank, N.A. |
ZAR |
462,992,000 |
6/14/27 |
553,687 |
|
Option to enter into interest rate swap expiring
6/15/32 to receive 6-month PLN-WIBOR and
pay 4.77% |
Bank of America, N.A. |
PLN |
47,339,000 |
6/11/27 |
160,259 |
|
Option to enter into interest rate swap expiring
6/23/32 to receive 6-month PLN-WIBOR and
pay 4.47% |
JPMorgan Chase Bank, N.A. |
PLN |
64,562,000 |
6/21/27 |
412,245 |
|
Option to enter into interest rate swap expiring
6/9/32 to receive 3-month ZAR-JIBAR and pay
8.09% |
JPMorgan Chase Bank, N.A. |
ZAR |
660,535,000 |
6/9/27 |
614,687 |
|
Total |
|
|
|
|
$3,578,193 |
|
Purchased Call Options (Exchange-Traded) — 0.0%† | |||||||
|
Description |
Number of
Contracts |
Notional
Amount |
Exercise
Price |
Expiration
Date |
Value | ||
|
LME Primary Aluminum Futures 12/26 |
451 |
$ |
37,599,306 |
$ |
3,700.00 |
12/2/26 |
$255,830 |
|
Total |
|
|
|
|
|
|
$255,830 |
|
† Amount is less than 0.05% or (0.05)%, as applicable. |
|
Purchased Put Options (Exchange-Traded) — 0.0%† | |||||||
|
Description |
Number of
Contracts |
Notional
Amount |
Exercise
Price |
Expiration
Date |
Value | ||
|
CBOT 2 - Year U.S. Treasury Notes Futures 09/26 |
2,220 |
$ |
456,452,813 |
$ |
102.75 |
8/21/26 |
$ 659,065 |
|
CBOT 2 - Year U.S. Treasury Notes Futures 09/26 |
463 |
|
95,197,141 |
|
103 |
8/21/26 |
260,437 |
|
CBOT 5 - Year U.S. Treasury Notes Futures 09/26 |
833 |
|
88,278,474 |
|
106 |
8/21/26 |
338,406 |
|
CBOT 5 - Year U.S. Treasury Notes Futures 09/26 |
555 |
|
58,816,991 |
|
106.25 |
8/21/26 |
294,844 |
|
CBOT 5 - Year U.S. Treasury Notes Futures 11/26 |
447 |
|
47,371,522 |
|
106 |
10/23/26 |
366,680 |
|
NYMEX Light Sweet Crude Oil Futures 09/26 |
274 |
|
23,199,580 |
|
60 |
8/17/26 |
16,440 |
|
NYMEX Light Sweet Crude Oil Futures 12/26 |
234 |
|
19,812,780 |
|
50 |
11/17/26 |
74,880 |
|
NYMEX Light Sweet Crude Oil Futures 12/26 |
224 |
|
18,966,080 |
|
55 |
11/17/26 |
132,160 |
|
NYMEX Light Sweet Crude Oil Futures 12/26 |
58 |
|
4,910,860 |
|
58 |
11/17/26 |
51,620 |
|
NYMEX Light Sweet Crude Oil Futures 12/26 |
305 |
|
25,824,350 |
|
60 |
11/17/26 |
356,850 |
|
Total |
|
|
|
|
|
|
$2,551,382 |
|
†
|
Amount is less than 0.05% or (0.05)%, as applicable. |
|
Written Currency Options (OTC) — (0.0)%† | |||||||
|
Description |
Counterparty |
Notional Amount |
Exercise
Price |
Expiration
Date |
Value | ||
|
Call EUR vs. Put HUF |
BNP Paribas |
EUR |
5,697,000 |
HUF |
414.70 |
7/18/28 |
$(142,157
) |
|
Call EUR vs. Put HUF |
JPMorgan Chase Bank, N.A. |
EUR |
4,916,000 |
HUF |
397.40 |
6/7/28 |
(167,017
) |
|
Call EUR vs. Put HUF |
JPMorgan Chase Bank, N.A. |
EUR |
4,916,000 |
HUF |
400.76 |
6/8/28 |
(155,242
) |
|
Call EUR vs. Put HUF |
JPMorgan Chase Bank, N.A. |
EUR |
6,600,000 |
HUF |
397.40 |
6/29/28 |
(232,015
) |
|
Call EUR vs. Put HUF |
JPMorgan Chase Bank, N.A. |
EUR |
11,394,000 |
HUF |
399.60 |
7/13/28 |
(389,545
) |
|
Call HUF vs. Put EUR |
BNP Paribas |
EUR |
5,697,000 |
HUF |
351.90 |
7/18/28 |
(85,266
) |
|
Call HUF vs. Put EUR |
JPMorgan Chase Bank, N.A. |
EUR |
4,916,000 |
HUF |
348.10 |
6/7/28 |
(58,021
) |
|
Call HUF vs. Put EUR |
JPMorgan Chase Bank, N.A. |
EUR |
4,916,000 |
HUF |
350.40 |
6/8/28 |
(65,657
) |
|
Call HUF vs. Put EUR |
JPMorgan Chase Bank, N.A. |
EUR |
6,600,000 |
HUF |
350.30 |
6/29/28 |
(89,404
) |
|
Call HUF vs. Put EUR |
JPMorgan Chase Bank, N.A. |
EUR |
11,394,000 |
HUF |
353.10 |
7/13/28 |
(180,188
) |
|
Call USD vs. Put INR |
Barclays Bank PLC |
USD |
15,000,000 |
INR |
100.00 |
9/10/26 |
(3,930
) |
|
Call USD vs. Put INR |
BNP Paribas |
USD |
20,000,000 |
INR |
100.00 |
9/10/26 |
(5,240
) |
|
Call USD vs. Put INR |
Goldman Sachs International |
USD |
15,000,000 |
INR |
100.00 |
9/10/26 |
(3,930
) |
|
Call USD vs. Put INR |
Goldman Sachs International |
USD |
13,800,000 |
INR |
100.50 |
10/16/26 |
(12,627
) |
|
Call USD vs. Put INR |
JPMorgan Chase Bank, N.A. |
USD |
15,000,000 |
INR |
100.00 |
10/16/26 |
(18,060
) |
|
Call USD vs. Put KRW |
Barclays Bank PLC |
USD |
5,785,000 |
KRW |
1,600.00 |
12/18/26 |
(15,631
) |
|
Total |
|
|
|
|
|
|
$(1,623,930
) |
|
† Amount is less than 0.05% or (0.05)%, as applicable. |
|
Forward Foreign Currency Exchange Contracts (Centrally Cleared) | |||||
|
Currency Purchased |
Currency Sold |
Settlement
Date |
Value/Unrealized
Appreciation
(Depreciation) | ||
|
BRL |
156,313,767 |
USD |
30,016,239 |
8/4/26 |
$820,049 |
|
BRL |
83,971,233 |
USD |
16,331,891 |
8/4/26 |
233,260 |
|
Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued) | |||||
|
Currency Purchased |
Currency Sold |
Settlement
Date |
Value/Unrealized
Appreciation
(Depreciation) | ||
|
BRL |
45,715,000 |
USD |
8,951,439 |
8/4/26 |
$66,838 |
|
BRL |
1,452 |
USD |
283 |
8/4/26 |
3 |
|
BRL |
115,000,000 |
USD |
23,044,014 |
8/4/26 |
(357,765
) |
|
USD |
279 |
BRL |
1,452 |
8/4/26 |
(8
) |
|
USD |
5,611,585 |
BRL |
29,000,000 |
8/4/26 |
(109,295
) |
|
USD |
11,119,456 |
BRL |
57,000,000 |
8/4/26 |
(125,033
) |
|
USD |
6,012,214 |
BRL |
31,120,000 |
8/4/26 |
(126,883
) |
|
USD |
8,888,889 |
BRL |
46,000,000 |
8/4/26 |
(185,611
) |
|
USD |
27,874,853 |
BRL |
142,880,000 |
8/4/26 |
(311,332
) |
|
USD |
18,359,262 |
BRL |
95,000,000 |
8/4/26 |
(381,553
) |
|
PHP |
224,759,500 |
USD |
3,655,220 |
8/6/26 |
15,889 |
|
PHP |
220,872,300 |
USD |
3,592,354 |
8/6/26 |
15,263 |
|
PHP |
224,759,500 |
USD |
3,656,112 |
8/6/26 |
14,997 |
|
PHP |
110,420,400 |
USD |
1,794,549 |
8/6/26 |
9,002 |
|
PHP |
110,063,900 |
USD |
1,790,356 |
8/6/26 |
7,373 |
|
USD |
14,450,537 |
PHP |
890,875,600 |
8/6/26 |
(100,578
) |
|
PHP |
163,780,500 |
USD |
2,659,897 |
8/7/26 |
15,155 |
|
PHP |
126,729,562 |
USD |
2,058,969 |
8/7/26 |
10,924 |
|
USD |
9,868,118 |
PHP |
606,595,162 |
8/7/26 |
(39,495
) |
|
PEN |
52,000,000 |
USD |
15,355,086 |
8/11/26 |
(58,269
) |
|
PEN |
34,000,000 |
USD |
10,117,542 |
8/11/26 |
(115,777
) |
|
CLP |
9,138,870,535 |
USD |
9,799,202 |
8/31/26 |
31,990 |
|
EUR |
4,052,466 |
USD |
4,636,016 |
9/16/26 |
45,035 |
|
EUR |
3,693,955 |
USD |
4,225,880 |
9/16/26 |
41,050 |
|
EUR |
21,906 |
USD |
25,324 |
9/16/26 |
(20
) |
|
EUR |
491,326 |
USD |
567,993 |
9/16/26 |
(457
) |
|
EUR |
552,119 |
USD |
638,273 |
9/16/26 |
(513
) |
|
EUR |
1,140,819 |
USD |
1,318,833 |
9/16/26 |
(1,060
) |
|
EUR |
1,685,747 |
USD |
1,948,793 |
9/16/26 |
(1,566
) |
|
EUR |
2,032,000 |
USD |
2,349,075 |
9/16/26 |
(1,888
) |
|
EUR |
2,092,590 |
USD |
2,419,120 |
9/16/26 |
(1,944
) |
|
EUR |
4,298,000 |
USD |
4,968,663 |
9/16/26 |
(3,993
) |
|
EUR |
4,867,692 |
USD |
5,627,250 |
9/16/26 |
(4,523
) |
|
EUR |
6,230,049 |
USD |
7,202,191 |
9/16/26 |
(5,788
) |
|
EUR |
7,420,000 |
USD |
8,577,823 |
9/16/26 |
(6,894
) |
|
EUR |
12,300,000 |
USD |
14,219,302 |
9/16/26 |
(11,428
) |
|
EUR |
13,889,999 |
USD |
16,057,406 |
9/16/26 |
(12,905
) |
|
EUR |
21,531,752 |
USD |
24,891,584 |
9/16/26 |
(20,006
) |
|
EUR |
35,081,566 |
USD |
40,555,722 |
9/16/26 |
(32,595
) |
|
INR |
103,000,000 |
USD |
1,085,216 |
9/16/26 |
(9,743
) |
|
INR |
268,290,000 |
USD |
2,811,698 |
9/16/26 |
(10,353
) |
|
INR |
181,000,000 |
USD |
1,906,078 |
9/16/26 |
(16,170
) |
|
INR |
207,000,000 |
USD |
2,179,682 |
9/16/26 |
(18,295
) |
|
INR |
491,000,000 |
USD |
5,173,322 |
9/16/26 |
(46,555
) |
|
Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued) | |||||
|
Currency Purchased |
Currency Sold |
Settlement
Date |
Value/Unrealized
Appreciation
(Depreciation) | ||
|
KRW |
20,504,000,000 |
USD |
13,530,421 |
9/16/26 |
$684,456 |
|
KRW |
12,685,000,000 |
USD |
8,365,759 |
9/16/26 |
428,414 |
|
KRW |
10,219,000,000 |
USD |
6,719,932 |
9/16/26 |
364,629 |
|
KRW |
9,910,000,000 |
USD |
6,519,522 |
9/16/26 |
350,816 |
|
KRW |
3,227,000,000 |
USD |
2,118,012 |
9/16/26 |
119,181 |
|
PEN |
49,000,000 |
USD |
14,344,262 |
9/16/26 |
50,226 |
|
PEN |
54,000,000 |
USD |
15,851,582 |
9/16/26 |
11,732 |
|
PEN |
79,640,000 |
USD |
23,410,447 |
9/16/26 |
(14,997
) |
|
PHP |
890,875,600 |
USD |
14,429,005 |
9/16/26 |
104,373 |
|
PHP |
1,155,025,900 |
USD |
18,751,334 |
9/16/26 |
91,283 |
|
PHP |
606,595,162 |
USD |
9,852,570 |
9/16/26 |
43,173 |
|
PHP |
568,893,500 |
USD |
9,243,373 |
9/16/26 |
37,321 |
|
PHP |
430,979,838 |
USD |
6,995,404 |
9/16/26 |
35,424 |
|
TWD |
33,699,338 |
USD |
1,062,970 |
9/16/26 |
(18,124
) |
|
TWD |
35,452,892 |
USD |
1,120,870 |
9/16/26 |
(21,656
) |
|
TWD |
49,742,764 |
USD |
1,566,849 |
9/16/26 |
(24,578
) |
|
TWD |
39,841,323 |
USD |
1,261,930 |
9/16/26 |
(26,652
) |
|
TWD |
52,360,790 |
USD |
1,651,262 |
9/16/26 |
(27,819
) |
|
TWD |
54,550,656 |
USD |
1,724,476 |
9/16/26 |
(33,136
) |
|
TWD |
64,477,246 |
USD |
2,034,303 |
9/16/26 |
(35,191
) |
|
TWD |
82,358,900 |
USD |
2,594,226 |
9/16/26 |
(40,694
) |
|
TWD |
88,870,815 |
USD |
2,810,322 |
9/16/26 |
(54,889
) |
|
TWD |
90,322,299 |
USD |
2,855,561 |
9/16/26 |
(55,125
) |
|
TWD |
123,576,959 |
USD |
3,899,003 |
9/16/26 |
(67,508
) |
|
TWD |
157,082,369 |
USD |
4,953,498 |
9/16/26 |
(83,171
) |
|
TWD |
180,644,880 |
USD |
5,699,278 |
9/16/26 |
(98,396
) |
|
TWD |
256,038,769 |
USD |
8,077,978 |
9/16/26 |
(139,514
) |
|
USD |
6,705 |
COP |
24,000,000 |
9/16/26 |
(827
) |
|
USD |
6,369 |
COP |
23,000,000 |
9/16/26 |
(849
) |
|
USD |
17,753 |
COP |
64,441,749 |
9/16/26 |
(2,471
) |
|
USD |
1,545,024 |
COP |
5,503,763,000 |
9/16/26 |
(182,226
) |
|
USD |
2,072,281 |
COP |
7,259,201,000 |
9/16/26 |
(205,879
) |
|
USD |
2,199,943 |
COP |
7,691,000,000 |
9/16/26 |
(213,729
) |
|
USD |
2,264,207 |
COP |
7,916,801,000 |
9/16/26 |
(220,328
) |
|
USD |
2,985,332 |
COP |
10,931,093,000 |
9/16/26 |
(445,181
) |
|
USD |
4,985,425 |
COP |
18,180,000,000 |
9/16/26 |
(720,018
) |
|
USD |
5,452,623 |
COP |
19,782,116,000 |
9/16/26 |
(755,613
) |
|
USD |
8,954,494 |
COP |
31,479,523,000 |
9/16/26 |
(924,748
) |
|
USD |
10,215,508 |
COP |
35,869,000,000 |
9/16/26 |
(1,041,286
) |
|
USD |
21,893,002 |
COP |
78,366,000,000 |
9/16/26 |
(2,700,658
) |
|
USD |
21,339,208 |
COP |
77,061,000,000 |
9/16/26 |
(2,844,903
) |
|
USD |
58,335,623 |
COP |
211,755,394,102 |
9/16/26 |
(8,119,730
) |
|
USD |
81,745,863 |
EUR |
70,711,919 |
9/16/26 |
65,700 |
|
USD |
68,323,112 |
EUR |
59,100,952 |
9/16/26 |
54,912 |
|
Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued) | |||||
|
Currency Purchased |
Currency Sold |
Settlement
Date |
Value/Unrealized
Appreciation
(Depreciation) | ||
|
USD |
51,197,703 |
EUR |
44,287,107 |
9/16/26 |
$41,148 |
|
USD |
40,555,723 |
EUR |
35,081,567 |
9/16/26 |
32,595 |
|
USD |
30,347,645 |
EUR |
26,251,361 |
9/16/26 |
24,391 |
|
USD |
28,386,456 |
EUR |
24,554,891 |
9/16/26 |
22,814 |
|
USD |
27,629,375 |
EUR |
23,900,000 |
9/16/26 |
22,206 |
|
USD |
18,751,977 |
EUR |
16,220,861 |
9/16/26 |
15,071 |
|
USD |
18,623,117 |
EUR |
16,109,394 |
9/16/26 |
14,968 |
|
USD |
16,057,407 |
EUR |
13,890,000 |
9/16/26 |
12,905 |
|
USD |
15,965,307 |
EUR |
13,810,331 |
9/16/26 |
12,831 |
|
USD |
15,508,804 |
EUR |
13,415,447 |
9/16/26 |
12,465 |
|
USD |
13,335,368 |
EUR |
11,535,379 |
9/16/26 |
10,718 |
|
USD |
13,294,469 |
EUR |
11,500,000 |
9/16/26 |
10,685 |
|
USD |
12,605,438 |
EUR |
10,903,973 |
9/16/26 |
10,131 |
|
USD |
11,807,338 |
EUR |
10,213,600 |
9/16/26 |
9,490 |
|
USD |
10,743,634 |
EUR |
9,293,473 |
9/16/26 |
8,635 |
|
USD |
9,259,887 |
EUR |
8,010,000 |
9/16/26 |
7,442 |
|
USD |
6,439,147 |
EUR |
5,570,000 |
9/16/26 |
5,175 |
|
USD |
5,280,359 |
EUR |
4,567,623 |
9/16/26 |
4,244 |
|
USD |
4,684,816 |
EUR |
4,052,466 |
9/16/26 |
3,765 |
|
USD |
4,149,415 |
EUR |
3,589,333 |
9/16/26 |
3,335 |
|
USD |
2,557,543 |
EUR |
2,212,330 |
9/16/26 |
2,055 |
|
USD |
2,419,120 |
EUR |
2,092,590 |
9/16/26 |
1,944 |
|
USD |
638,273 |
EUR |
552,119 |
9/16/26 |
513 |
|
USD |
606,278 |
EUR |
524,443 |
9/16/26 |
487 |
|
USD |
177,907 |
EUR |
153,893 |
9/16/26 |
143 |
|
USD |
127,023 |
EUR |
109,878 |
9/16/26 |
102 |
|
USD |
25,060 |
EUR |
21,906 |
9/16/26 |
(243
) |
|
USD |
15,962 |
INR |
1,532,875 |
9/16/26 |
(43
) |
|
USD |
5,352,383 |
INR |
514,000,000 |
9/16/26 |
(14,539
) |
|
USD |
20,126,818 |
INR |
1,932,818,594 |
9/16/26 |
(54,671
) |
|
USD |
25,202,517 |
INR |
2,420,248,113 |
9/16/26 |
(68,458
) |
|
USD |
12,635,827 |
PEN |
43,049,000 |
9/16/26 |
(10,465
) |
|
USD |
6,609,946 |
PEN |
22,569,000 |
9/16/26 |
(20,038
) |
|
USD |
9,082,386 |
PEN |
31,000,000 |
9/16/26 |
(24,331
) |
|
USD |
7,723,333 |
PEN |
26,464,000 |
9/16/26 |
(50,866
) |
|
USD |
13,573,559 |
PEN |
46,408,000 |
9/16/26 |
(59,490
) |
|
USD |
12,623,913 |
PEN |
43,247,000 |
9/16/26 |
(80,545
) |
|
USD |
17,317,514 |
PHP |
1,052,419,962 |
9/16/26 |
148,768 |
|
USD |
5,455,578 |
PHP |
331,546,389 |
9/16/26 |
46,867 |
|
USD |
5,021,677 |
PHP |
305,754,840 |
9/16/26 |
33,718 |
|
USD |
1,581,991 |
PHP |
96,322,690 |
9/16/26 |
10,622 |
|
USD |
895,967 |
PHP |
54,449,732 |
9/16/26 |
7,697 |
|
USD |
259,810 |
PHP |
15,819,040 |
9/16/26 |
1,744 |
|
USD |
212,130 |
PHP |
13,084,111 |
9/16/26 |
(1,319
) |
|
Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued) | |||||
|
Currency Purchased |
Currency Sold |
Settlement
Date |
Value/Unrealized
Appreciation
(Depreciation) | ||
|
USD |
859,439 |
PHP |
52,866,660 |
9/16/26 |
$(3,006
) |
|
USD |
855,938 |
PHP |
52,745,499 |
9/16/26 |
(4,530
) |
|
USD |
4,411,692 |
PHP |
271,376,430 |
9/16/26 |
(15,431
) |
|
USD |
4,393,725 |
PHP |
270,754,491 |
9/16/26 |
(23,253
) |
|
USD |
4,100,108 |
PHP |
252,893,418 |
9/16/26 |
(25,491
) |
|
USD |
16,611,477 |
PHP |
1,021,821,800 |
9/16/26 |
(58,103
) |
|
USD |
16,543,823 |
PHP |
1,019,479,981 |
9/16/26 |
(87,554
) |
|
IDR |
55,477,205,000 |
USD |
3,076,853 |
9/17/26 |
(12,508
) |
|
IDR |
143,588,060,000 |
USD |
7,956,340 |
9/17/26 |
(25,093
) |
|
IDR |
127,271,235,000 |
USD |
7,055,729 |
9/17/26 |
(25,760
) |
|
USD |
46,752,268 |
IDR |
795,536,600,000 |
9/17/26 |
2,809,916 |
|
USD |
43,426,951 |
IDR |
738,953,000,000 |
9/17/26 |
2,610,057 |
|
USD |
6,640,695 |
IDR |
114,718,010,000 |
9/17/26 |
304,118 |
|
USD |
3,691,871 |
IDR |
67,129,665,000 |
9/17/26 |
(16,111
) |
|
USD |
3,699,168 |
IDR |
67,334,960,000 |
9/17/26 |
(20,154
) |
|
USD |
7,465,452 |
IDR |
135,595,000,000 |
9/17/26 |
(24,290
) |
|
USD |
6,810,659 |
IDR |
123,994,855,000 |
9/17/26 |
(38,335
) |
|
USD |
8,363,730 |
IDR |
152,119,520,000 |
9/17/26 |
(38,762
) |
|
USD |
15,134,791 |
BRL |
82,336,290 |
10/1/26 |
(891,878
) |
|
USD |
27,637,700 |
BRL |
150,432,000 |
10/1/26 |
(1,643,725
) |
|
USD |
27,537,473 |
BRL |
150,431,710 |
10/1/26 |
(1,743,895
) |
|
BRL |
142,880,000 |
USD |
27,495,340 |
10/2/26 |
310,623 |
|
BRL |
57,000,000 |
USD |
10,968,394 |
10/2/26 |
124,411 |
|
USD |
279 |
BRL |
1,452 |
10/2/26 |
(3
) |
|
TWD |
31,058,000 |
USD |
973,330 |
10/8/26 |
(10,495
) |
|
TWD |
31,077,000 |
USD |
975,117 |
10/8/26 |
(11,692
) |
|
TWD |
41,888,000 |
USD |
1,312,281 |
10/8/26 |
(13,702
) |
|
TWD |
49,170,000 |
USD |
1,543,072 |
10/8/26 |
(18,743
) |
|
TWD |
46,000,000 |
USD |
1,457,165 |
10/8/26 |
(31,109
) |
|
TWD |
47,940,000 |
USD |
1,520,568 |
10/8/26 |
(34,369
) |
|
TWD |
65,850,000 |
USD |
2,087,163 |
10/8/26 |
(45,733
) |
|
TWD |
81,010,000 |
USD |
2,568,501 |
10/8/26 |
(57,093
) |
|
TWD |
56,813,000 |
USD |
1,775,406 |
10/13/26 |
(14,207
) |
|
TWD |
113,627,600 |
USD |
3,551,306 |
10/13/26 |
(28,858
) |
|
TWD |
170,440,600 |
USD |
5,314,974 |
10/13/26 |
(31,327
) |
|
TWD |
193,697,616 |
USD |
6,042,231 |
10/13/26 |
(37,618
) |
|
TWD |
152,228,300 |
USD |
4,759,365 |
10/13/26 |
(40,298
) |
|
TWD |
203,771,900 |
USD |
6,361,371 |
10/13/26 |
(44,456
) |
|
TWD |
299,820,984 |
USD |
9,371,749 |
10/13/26 |
(77,318
) |
|
TWD |
76,607,112 |
USD |
2,427,509 |
10/22/26 |
(52,871
) |
|
TWD |
140,799,888 |
USD |
4,458,656 |
10/22/26 |
(94,193
) |
|
USD |
9,776,807 |
CLP |
9,138,870,535 |
10/28/26 |
(60,178
) |
|
CLP |
7,255,630,184 |
USD |
7,767,786 |
10/30/26 |
42,295 |
|
Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued) | |||||
|
Currency Purchased |
Currency Sold |
Settlement
Date |
Value/Unrealized
Appreciation
(Depreciation) | ||
|
USD |
31,930,228 |
BRL |
175,000,000 |
4/2/27 |
$(877,014
) |
|
|
|
|
|
|
$(17,392,793
) |
|
Forward Foreign Currency Exchange Contracts (OTC) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
KZT |
191,563,687 |
USD |
404,305 |
Citibank, N.A. |
8/3/26 |
$ — |
$(413
) |
|
KZT |
4,851,105,313 |
USD |
10,238,503 |
Deutsche Bank AG |
8/3/26 |
— |
(10,470
) |
|
KZT |
5,042,669,000 |
USD |
9,510,585 |
ICBC Standard Bank plc |
8/3/26 |
1,121,340 |
— |
|
PHP |
607,793,000 |
USD |
9,855,570 |
Societe Generale |
8/3/26 |
72,444 |
— |
|
PHP |
331,991,400 |
USD |
5,381,783 |
Societe Generale |
8/3/26 |
41,141 |
— |
|
PHP |
222,794,570 |
USD |
3,609,295 |
Societe Generale |
8/3/26 |
29,950 |
— |
|
PHP |
224,317,800 |
USD |
3,636,800 |
Societe Generale |
8/3/26 |
27,326 |
— |
|
PHP |
219,332,934 |
USD |
3,557,943 |
Societe Generale |
8/3/26 |
24,758 |
— |
|
PHP |
219,332,934 |
USD |
3,558,924 |
Societe Generale |
8/3/26 |
23,777 |
— |
|
PHP |
219,217,000 |
USD |
3,557,505 |
Societe Generale |
8/3/26 |
23,302 |
— |
|
PHP |
110,119,600 |
USD |
1,787,627 |
Societe Generale |
8/3/26 |
11,125 |
— |
|
TRY |
663,603,369 |
USD |
13,937,734 |
Standard Chartered Bank |
8/3/26 |
27,351 |
— |
|
USD |
402,919 |
KZT |
191,563,687 |
Citibank, N.A. |
8/3/26 |
— |
(973
) |
|
USD |
9,619,483 |
KZT |
4,851,105,313 |
Deutsche Bank AG |
8/3/26 |
— |
(608,551
) |
|
USD |
9,259,396 |
PHP |
568,893,500 |
Citibank, N.A. |
8/3/26 |
— |
(33,213
) |
|
USD |
7,006,777 |
PHP |
430,979,838 |
Societe Generale |
8/3/26 |
— |
(33,077
) |
|
USD |
18,781,214 |
PHP |
1,155,025,900 |
Societe Generale |
8/3/26 |
— |
(85,592
) |
|
USD |
13,991,104 |
TRY |
663,603,369 |
Standard Chartered Bank |
8/3/26 |
26,019 |
— |
|
TRY |
1,209,566,148 |
USD |
25,408,321 |
Standard Chartered Bank |
8/4/26 |
26,454 |
— |
|
USD |
3,898,393 |
UYU |
157,000,000 |
Deutsche Bank AG |
8/4/26 |
— |
(5,622
) |
|
USD |
3,858,442 |
UYU |
157,000,000 |
Deutsche Bank AG |
8/4/26 |
— |
(45,574
) |
|
UYU |
157,000,000 |
USD |
3,898,393 |
Deutsche Bank AG |
8/4/26 |
5,622 |
— |
|
TRY |
860,683,759 |
USD |
18,070,203 |
Standard Chartered Bank |
8/5/26 |
14,252 |
— |
|
KZT |
4,030,000,000 |
USD |
7,696,715 |
Deutsche Bank AG |
8/6/26 |
793,737 |
— |
|
UGX |
10,891,415,505 |
USD |
2,946,835 |
Standard Chartered Bank |
8/6/26 |
— |
(39,363
) |
|
USD |
2,957,213 |
UGX |
10,891,415,505 |
Standard Chartered Bank |
8/6/26 |
49,741 |
— |
|
EUR |
354,465 |
USD |
404,884 |
Barclays Bank PLC |
8/7/26 |
3,915 |
— |
|
EUR |
591,015 |
USD |
674,748 |
BNP Paribas |
8/7/26 |
6,861 |
— |
|
EUR |
1,250,000 |
USD |
1,426,606 |
Societe Generale |
8/7/26 |
15,001 |
— |
|
EUR |
144,914 |
USD |
165,388 |
Societe Generale |
8/7/26 |
1,739 |
— |
|
KZT |
1,489,308,000 |
USD |
2,588,390 |
Deutsche Bank AG |
8/7/26 |
548,126 |
— |
|
KZT |
4,383,222 |
USD |
8,839 |
Goldman Sachs International |
8/7/26 |
393 |
— |
|
PHP |
316,085,100 |
USD |
5,130,844 |
Standard Chartered Bank |
8/7/26 |
31,822 |
— |
|
TRY |
1,229,142,664 |
USD |
25,784,677 |
Standard Chartered Bank |
8/7/26 |
1,797 |
— |
|
USD |
15,487,822 |
EUR |
13,550,000 |
BNP Paribas |
8/7/26 |
— |
(139,199
) |
|
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
USD |
594,087 |
EUR |
520,313 |
Citibank, N.A. |
8/7/26 |
$ — |
$(5,982
) |
|
USD |
6,110,029 |
EUR |
5,360,000 |
Citibank, N.A. |
8/7/26 |
— |
(71,583
) |
|
USD |
10,840,741 |
EUR |
9,510,000 |
Citibank, N.A. |
8/7/26 |
— |
(127,006
) |
|
USD |
792,379 |
EUR |
693,979 |
Deutsche Bank AG |
8/7/26 |
— |
(7,977
) |
|
USD |
1,565,904 |
EUR |
1,368,684 |
HSBC Bank USA, N.A. |
8/7/26 |
— |
(12,581
) |
|
USD |
214,503 |
EUR |
187,996 |
JPMorgan Chase Bank, N.A. |
8/7/26 |
— |
(2,311
) |
|
USD |
133,274 |
EUR |
116,775 |
Societe Generale |
8/7/26 |
— |
(1,401
) |
|
USD |
3,986,189 |
EUR |
3,492,720 |
Societe Generale |
8/7/26 |
— |
(41,915
) |
|
USD |
21,227,901 |
EUR |
18,600,000 |
Societe Generale |
8/7/26 |
— |
(223,212
) |
|
USD |
125,993,002 |
EUR |
110,395,740 |
Societe Generale |
8/7/26 |
— |
(1,324,822
) |
|
USD |
2,904,532 |
EUR |
2,537,343 |
Standard Chartered Bank |
8/7/26 |
— |
(21,750
) |
|
USD |
4,564,265 |
EUR |
3,987,254 |
Standard Chartered Bank |
8/7/26 |
— |
(34,178
) |
|
USD |
2,845,481 |
KZT |
1,351,318,690 |
Deutsche Bank AG |
8/7/26 |
— |
(427
) |
|
USD |
3,867,417 |
UYU |
156,000,000 |
HSBC Bank USA, N.A. |
8/7/26 |
— |
(10,846
) |
|
KZT |
191,563,687 |
USD |
402,022 |
Citibank, N.A. |
8/10/26 |
962 |
— |
|
KZT |
1,489,572,000 |
USD |
2,587,482 |
Deutsche Bank AG |
8/10/26 |
546,068 |
— |
|
KZT |
1,462,314,537 |
USD |
2,932,288 |
Deutsche Bank AG |
8/10/26 |
143,922 |
— |
|
KZT |
900,307,954 |
USD |
1,921,981 |
Deutsche Bank AG |
8/10/26 |
— |
(28,041
) |
|
TRY |
663,603,369 |
USD |
13,916,397 |
Standard Chartered Bank |
8/10/26 |
— |
(26,725
) |
|
USD |
4,868,018 |
KZT |
2,417,700,951 |
Deutsche Bank AG |
8/10/26 |
— |
(217,999
) |
|
USD |
8,666,335 |
KZT |
4,304,135,300 |
Deutsche Bank AG |
8/10/26 |
— |
(388,094
) |
|
USD |
973,054 |
UYU |
39,000,000 |
HSBC Bank USA, N.A. |
8/11/26 |
3,784 |
— |
|
VND |
22,517,044,700 |
USD |
842,073 |
Citibank, N.A. |
8/12/26 |
13,639 |
— |
|
USD |
2,611,551 |
UYU |
105,000,000 |
HSBC Bank USA, N.A. |
8/14/26 |
2,573 |
— |
|
EUR |
2,142,646 |
ISK |
308,626,699 |
JPMorgan Chase Bank, N.A. |
8/17/26 |
— |
(30,800
) |
|
ISK |
1,000,502,452 |
EUR |
6,946,004 |
JPMorgan Chase Bank, N.A. |
8/17/26 |
99,848 |
— |
|
EUR |
96,767 |
ISK |
13,924,754 |
JPMorgan Chase Bank, N.A. |
8/20/26 |
— |
(1,231
) |
|
ISK |
3,565,208,000 |
EUR |
24,775,594 |
JPMorgan Chase Bank, N.A. |
8/20/26 |
315,102 |
— |
|
USD |
2,670,231 |
UYU |
107,629,000 |
Citibank, N.A. |
8/21/26 |
— |
(2,646
) |
|
UYU |
107,629,000 |
USD |
2,678,671 |
Citibank, N.A. |
8/21/26 |
— |
(5,794
) |
|
GHS |
2,216,000 |
USD |
198,746 |
Standard Chartered Bank |
8/24/26 |
— |
(9,777
) |
|
USD |
7,557,995 |
UYU |
303,000,000 |
Citibank, N.A. |
8/24/26 |
34,958 |
— |
|
VND |
15,830,396,800 |
USD |
591,569 |
Goldman Sachs International |
8/26/26 |
9,486 |
— |
|
USD |
2,395,258 |
KZT |
1,151,759,870 |
Deutsche Bank AG |
8/27/26 |
— |
(12,333
) |
|
USD |
2,395,258 |
KZT |
1,152,119,159 |
Deutsche Bank AG |
8/27/26 |
— |
(13,084
) |
|
USD |
2,521,419 |
KZT |
1,214,063,472 |
Deutsche Bank AG |
8/31/26 |
— |
(12,639
) |
|
USD |
5,042,839 |
KZT |
2,428,126,944 |
Deutsche Bank AG |
8/31/26 |
— |
(25,279
) |
|
GHS |
2,259,521 |
USD |
198,728 |
Standard Chartered Bank |
9/1/26 |
— |
(6,318
) |
|
EUR |
22,163,377 |
PLN |
96,665,570 |
Barclays Bank PLC |
9/2/26 |
— |
(287,800
) |
|
PLN |
96,665,570 |
EUR |
22,757,424 |
Barclays Bank PLC |
9/2/26 |
— |
(398,012
) |
|
EUR |
22,725,719 |
PLN |
99,361,390 |
Barclays Bank PLC |
9/4/26 |
— |
(357,989
) |
|
KZT |
1,844,881,952 |
USD |
3,455,482 |
Bank of America, N.A. |
9/4/26 |
389,544 |
— |
|
KZT |
1,842,635,889 |
USD |
3,455,482 |
Bank of America, N.A. |
9/4/26 |
384,863 |
— |
|
PLN |
99,361,390 |
EUR |
23,386,854 |
Barclays Bank PLC |
9/4/26 |
— |
(405,337
) |
|
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
USD |
1,396,191 |
KZT |
666,541,748 |
Deutsche Bank AG |
9/4/26 |
$7,013 |
$ — |
|
USD |
3,267,352 |
KZT |
1,666,839,786 |
Deutsche Bank AG |
9/4/26 |
— |
(206,606
) |
|
EUR |
45,446,906 |
PLN |
197,921,277 |
Barclays Bank PLC |
9/8/26 |
— |
(498,525
) |
|
KZT |
1,836,001,363 |
USD |
3,445,302 |
Bank of America, N.A. |
9/8/26 |
375,877 |
— |
|
PLN |
197,921,277 |
EUR |
46,576,836 |
Barclays Bank PLC |
9/8/26 |
— |
(806,260
) |
|
USD |
5,695,386 |
UYU |
231,825,000 |
HSBC Bank USA, N.A. |
9/8/26 |
— |
(53,920
) |
|
EUR |
33,348,061 |
PLN |
145,197,458 |
Barclays Bank PLC |
9/9/26 |
— |
(355,387
) |
|
PLN |
145,197,458 |
EUR |
34,172,148 |
Barclays Bank PLC |
9/9/26 |
— |
(596,264
) |
|
KZT |
3,148,710,876 |
USD |
6,000,402 |
Deutsche Bank AG |
9/14/26 |
539,170 |
— |
|
KZT |
2,682,100,486 |
USD |
5,130,261 |
Deutsche Bank AG |
9/14/26 |
440,205 |
— |
|
USD |
817,756 |
KZT |
409,164,344 |
Citibank, N.A. |
9/14/26 |
— |
(32,039
) |
|
USD |
2,083,471 |
KZT |
1,041,944,000 |
Citibank, N.A. |
9/14/26 |
— |
(80,547
) |
|
USD |
2,502,356 |
KZT |
1,215,644,353 |
Deutsche Bank AG |
9/14/26 |
— |
(22,422
) |
|
USD |
2,502,356 |
KZT |
1,216,395,060 |
Deutsche Bank AG |
9/14/26 |
— |
(23,981
) |
|
USD |
2,502,356 |
KZT |
1,216,645,295 |
Deutsche Bank AG |
9/14/26 |
— |
(24,500
) |
|
USD |
2,502,356 |
KZT |
1,217,145,767 |
Deutsche Bank AG |
9/14/26 |
— |
(25,540
) |
|
USD |
11,661,282 |
KZT |
5,641,728,298 |
Deutsche Bank AG |
9/14/26 |
— |
(56,048
) |
|
USD |
721,084 |
EGP |
43,229,000 |
Deutsche Bank AG |
9/15/26 |
— |
(108,973
) |
|
AED |
20,285,000 |
USD |
5,523,388 |
Standard Chartered Bank |
9/16/26 |
— |
(208
) |
|
EUR |
109,576,918 |
HUF |
38,558,725,880 |
Barclays Bank PLC |
9/16/26 |
4,936,367 |
— |
|
EUR |
30,598,552 |
HUF |
10,921,388,273 |
Societe Generale |
9/16/26 |
892,175 |
— |
|
EUR |
19,071,918 |
HUF |
6,807,244,251 |
Societe Generale |
9/16/26 |
556,088 |
— |
|
EUR |
34,159,586 |
PLN |
148,326,729 |
Barclays Bank PLC |
9/16/26 |
— |
(245,147
) |
|
EUR |
16,231,347 |
PLN |
70,477,136 |
JPMorgan Chase Bank, N.A. |
9/16/26 |
— |
(115,914
) |
|
EUR |
9,351,110 |
PLN |
40,635,624 |
Societe Generale |
9/16/26 |
— |
(75,544
) |
|
EUR |
13,091,554 |
PLN |
56,909,511 |
Societe Generale |
9/16/26 |
— |
(111,018
) |
|
EUR |
61,439,496 |
PLN |
261,829,329 |
Standard Chartered Bank |
9/16/26 |
884,444 |
— |
|
EUR |
1,716,165 |
PLN |
7,470,006 |
Standard Chartered Bank |
9/16/26 |
— |
(17,168
) |
|
GBP |
46,590,000 |
USD |
62,105,798 |
State Street Bank and Trust Company |
9/16/26 |
684,471 |
— |
|
HUF |
4,446,211,995 |
EUR |
12,417,159 |
Barclays Bank PLC |
9/16/26 |
— |
(317,201
) |
|
HUF |
770,753,288 |
EUR |
2,159,424 |
JPMorgan Chase Bank, N.A. |
9/16/26 |
— |
(62,960
) |
|
HUF |
34,112,513,886 |
EUR |
95,573,339 |
Societe Generale |
9/16/26 |
— |
(2,786,672
) |
|
ILS |
80,245,725 |
USD |
27,576,798 |
Deutsche Bank AG |
9/16/26 |
— |
(1,286,064
) |
|
ILS |
106,988,953 |
USD |
36,792,831 |
Goldman Sachs International |
9/16/26 |
— |
(1,740,271
) |
|
ILS |
8,024,572 |
USD |
2,750,348 |
UBS AG |
9/16/26 |
— |
(121,275
) |
|
ILS |
41,124,765 |
USD |
14,131,265 |
UBS AG |
9/16/26 |
— |
(657,647
) |
|
KZT |
3,135,509,992 |
USD |
6,000,402 |
Deutsche Bank AG |
9/16/26 |
507,223 |
— |
|
KZT |
1,565,204,825 |
USD |
3,000,201 |
Deutsche Bank AG |
9/16/26 |
248,319 |
— |
|
NZD |
14,590,000 |
USD |
8,502,941 |
Standard Chartered Bank |
9/16/26 |
102,426 |
— |
|
NZD |
2,160,000 |
USD |
1,222,711 |
Standard Chartered Bank |
9/16/26 |
51,284 |
— |
|
SEK |
11,900,000 |
USD |
1,228,530 |
JPMorgan Chase Bank, N.A. |
9/16/26 |
24,020 |
— |
|
SEK |
80,038,000 |
USD |
8,528,791 |
JPMorgan Chase Bank, N.A. |
9/16/26 |
— |
(104,288
) |
|
SGD |
11,441,560 |
USD |
8,946,309 |
Citibank, N.A. |
9/16/26 |
2,813 |
— |
|
SGD |
1,580,000 |
USD |
1,225,945 |
Deutsche Bank AG |
9/16/26 |
9,867 |
— |
|
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
SGD |
5,280,720 |
USD |
4,133,763 |
Deutsche Bank AG |
9/16/26 |
$ — |
$(3,399
) |
|
SGD |
5,280,720 |
USD |
4,131,919 |
Goldman Sachs International |
9/16/26 |
— |
(1,554
) |
|
USD |
3,187,329 |
AED |
11,703,611 |
BNP Paribas |
9/16/26 |
681 |
— |
|
USD |
819,380 |
AED |
3,009,294 |
Citibank, N.A. |
9/16/26 |
13 |
— |
|
USD |
1,152,166 |
AED |
4,231,399 |
HSBC Bank USA, N.A. |
9/16/26 |
45 |
— |
|
USD |
10,040,989 |
AED |
36,870,512 |
Standard Chartered Bank |
9/16/26 |
1,923 |
— |
|
USD |
18,694,028 |
AED |
68,656,530 |
Standard Chartered Bank |
9/16/26 |
296 |
— |
|
USD |
17,924,883 |
BHD |
6,766,439 |
Standard Chartered Bank |
9/16/26 |
— |
(11,437
) |
|
USD |
5,765,462 |
CAD |
8,000,000 |
Goldman Sachs International |
9/16/26 |
48,079 |
— |
|
USD |
1,092,074 |
CNH |
7,343,447 |
Citibank, N.A. |
9/16/26 |
1,309 |
— |
|
USD |
1,140,329 |
CNH |
7,677,953 |
Goldman Sachs International |
9/16/26 |
— |
(123
) |
|
USD |
1,630,505 |
CNH |
10,978,600 |
JPMorgan Chase Bank, N.A. |
9/16/26 |
— |
(210
) |
|
USD |
5,318,458 |
GBP |
4,030,000 |
Deutsche Bank AG |
9/16/26 |
— |
(112,853
) |
|
USD |
1,087,124 |
GBP |
815,069 |
State Street Bank and Trust Company |
9/16/26 |
— |
(11,361
) |
|
USD |
5,628,559 |
GBP |
4,220,000 |
State Street Bank and Trust Company |
9/16/26 |
— |
(58,819
) |
|
USD |
56,765,749 |
GBP |
42,560,000 |
State Street Bank and Trust Company |
9/16/26 |
— |
(593,208
) |
|
USD |
5,318,822 |
ILS |
16,261,233 |
Bank of America, N.A. |
9/16/26 |
— |
(8,811
) |
|
USD |
5,778,503 |
ILS |
17,667,772 |
Bank of America, N.A. |
9/16/26 |
— |
(9,951
) |
|
USD |
5,829,409 |
ILS |
17,830,995 |
Bank of America, N.A. |
9/16/26 |
— |
(12,522
) |
|
USD |
4,830,125 |
ILS |
14,713,913 |
Barclays Bank PLC |
9/16/26 |
9,437 |
— |
|
USD |
80,806,760 |
ILS |
236,384,015 |
Citibank, N.A. |
9/16/26 |
3,360,774 |
— |
|
USD |
48,505,191 |
ILS |
147,644,950 |
Goldman Sachs International |
9/16/26 |
132,594 |
— |
|
USD |
9,752,733 |
ILS |
29,654,160 |
Goldman Sachs International |
9/16/26 |
37,204 |
— |
|
USD |
9,745,394 |
ILS |
29,766,904 |
JPMorgan Chase Bank, N.A. |
9/16/26 |
— |
(7,073
) |
|
USD |
28,805,811 |
ILS |
87,790,894 |
Standard Chartered Bank |
9/16/26 |
43,069 |
— |
|
USD |
5,760,382 |
ILS |
17,558,179 |
UBS AG |
9/16/26 |
7,833 |
— |
|
USD |
1,632,540 |
JPY |
259,498,513 |
Goldman Sachs International |
9/16/26 |
— |
(3,944
) |
|
USD |
5,636,858 |
JPY |
896,000,000 |
Goldman Sachs International |
9/16/26 |
— |
(13,617
) |
|
USD |
2,551,477 |
KZT |
1,233,638,934 |
Bank of America, N.A. |
9/16/26 |
— |
(8,891
) |
|
USD |
2,591,340 |
KZT |
1,255,763,183 |
Bank of America, N.A. |
9/16/26 |
— |
(14,946
) |
|
USD |
6,124,389 |
KZT |
2,949,567,000 |
Deutsche Bank AG |
9/16/26 |
2,682 |
— |
|
USD |
1,418,556 |
NZD |
2,427,010 |
Goldman Sachs International |
9/16/26 |
— |
(12,925
) |
|
USD |
7,152,215 |
NZD |
12,236,740 |
Goldman Sachs International |
9/16/26 |
— |
(65,169
) |
|
USD |
15,322,508 |
NZD |
26,215,310 |
Goldman Sachs International |
9/16/26 |
— |
(139,614
) |
|
USD |
1,136,878 |
NZD |
1,947,290 |
Standard Chartered Bank |
9/16/26 |
— |
(11,658
) |
|
USD |
2,264,431 |
NZD |
3,885,486 |
Standard Chartered Bank |
9/16/26 |
— |
(27,277
) |
|
USD |
5,732,047 |
NZD |
9,818,080 |
Standard Chartered Bank |
9/16/26 |
— |
(58,780
) |
|
USD |
12,280,015 |
NZD |
21,033,700 |
Standard Chartered Bank |
9/16/26 |
— |
(125,928
) |
|
USD |
11,417,060 |
NZD |
19,590,270 |
Standard Chartered Bank |
9/16/26 |
— |
(137,529
) |
|
USD |
24,459,282 |
NZD |
41,969,116 |
Standard Chartered Bank |
9/16/26 |
— |
(294,634
) |
|
USD |
9,558,187 |
NZD |
16,750,000 |
Standard Chartered Bank |
9/16/26 |
— |
(321,176
) |
|
USD |
847,861 |
NZD |
1,453,930 |
UBS AG |
9/16/26 |
— |
(9,686
) |
|
USD |
4,274,841 |
NZD |
7,330,590 |
UBS AG |
9/16/26 |
— |
(48,834
) |
|
USD |
9,158,182 |
NZD |
15,704,650 |
UBS AG |
9/16/26 |
— |
(104,619
) |
|
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
USD |
6,790,857 |
SAR |
25,500,000 |
Goldman Sachs International |
9/16/26 |
$2,556 |
$ — |
|
USD |
9,507,416 |
SEK |
91,938,000 |
JPMorgan Chase Bank, N.A. |
9/16/26 |
— |
(169,637
) |
|
USD |
18,330,917 |
SGD |
23,583,000 |
Goldman Sachs International |
9/16/26 |
— |
(114,745
) |
|
USD |
3,514,851 |
UYU |
142,000,000 |
Citibank, N.A. |
9/16/26 |
— |
(4,637
) |
|
USD |
7,078,332 |
UYU |
286,000,000 |
Citibank, N.A. |
9/16/26 |
— |
(10,215
) |
|
USD |
3,889,990 |
UYU |
157,000,000 |
Deutsche Bank AG |
9/16/26 |
— |
(1,275
) |
|
USD |
9,063,411 |
UYU |
371,282,617 |
HSBC Bank USA, N.A. |
9/16/26 |
— |
(138,877
) |
|
USD |
21,684,286 |
ZAR |
367,383,850 |
Bank of America, N.A. |
9/16/26 |
— |
(478,267
) |
|
USD |
7,857,937 |
ZAR |
129,663,988 |
Barclays Bank PLC |
9/16/26 |
35,914 |
— |
|
USD |
4,717,091 |
ZAR |
79,485,495 |
Barclays Bank PLC |
9/16/26 |
— |
(77,898
) |
|
USD |
16,425,872 |
ZAR |
272,115,921 |
HSBC Bank USA, N.A. |
9/16/26 |
10,388 |
— |
|
USD |
16,415,963 |
ZAR |
272,115,920 |
HSBC Bank USA, N.A. |
9/16/26 |
479 |
— |
|
USD |
7,515,557 |
ZAR |
127,279,714 |
HSBC Bank USA, N.A. |
9/16/26 |
— |
(162,634
) |
|
USD |
91,544,557 |
ZAR |
1,518,605,192 |
Societe Generale |
9/16/26 |
— |
(65,808
) |
|
VND |
22,710,156,370 |
USD |
852,004 |
JPMorgan Chase Bank, N.A. |
9/16/26 |
9,067 |
— |
|
MYR |
9,420,000 |
USD |
2,344,450 |
Barclays Bank PLC |
9/17/26 |
— |
(36,329
) |
|
MYR |
15,000,000 |
USD |
3,714,618 |
Barclays Bank PLC |
9/17/26 |
— |
(39,266
) |
|
MYR |
14,000,000 |
USD |
3,487,706 |
Barclays Bank PLC |
9/17/26 |
— |
(57,377
) |
|
MYR |
61,303,000 |
USD |
15,196,202 |
Barclays Bank PLC |
9/17/26 |
— |
(175,530
) |
|
MYR |
57,000,000 |
USD |
14,201,007 |
Barclays Bank PLC |
9/17/26 |
— |
(234,670
) |
|
USD |
4,226,269 |
AED |
15,521,134 |
Barclays Bank PLC |
9/17/26 |
181 |
— |
|
USD |
11,891,684 |
AED |
43,672,744 |
Standard Chartered Bank |
9/17/26 |
486 |
— |
|
USD |
168,329 |
AED |
618,203 |
Standard Chartered Bank |
9/17/26 |
5 |
— |
|
USD |
3,815,924 |
MXN |
67,000,000 |
Goldman Sachs International |
9/17/26 |
— |
(38,282
) |
|
USD |
3,596,329 |
UYU |
145,004,000 |
Bank of America, N.A. |
9/23/26 |
4,296 |
— |
|
MNT |
1,760,852,600 |
USD |
459,753 |
JPMorgan Chase Bank, N.A. |
9/28/26 |
23,764 |
— |
|
USD |
4,022,240 |
UYU |
162,659,383 |
Deutsche Bank AG |
9/28/26 |
— |
(5,623
) |
|
EUR |
11,670,097 |
ISK |
1,675,475,862 |
Bank of America, N.A. |
9/30/26 |
— |
(33,048
) |
|
ISK |
1,896,692,187 |
EUR |
13,210,923 |
Bank of America, N.A. |
9/30/26 |
37,412 |
— |
|
MNT |
1,814,276,000 |
USD |
472,837 |
JPMorgan Chase Bank, N.A. |
10/5/26 |
24,733 |
— |
|
UZS |
6,387,596,000 |
USD |
396,745 |
Deutsche Bank AG |
10/5/26 |
133,034 |
— |
|
UZS |
3,518,712,735 |
USD |
218,554 |
Deutsche Bank AG |
10/7/26 |
73,204 |
— |
|
VND |
11,211,744,750 |
USD |
421,383 |
Citibank, N.A. |
10/9/26 |
3,012 |
— |
|
VND |
46,932,583,639 |
USD |
1,764,715 |
Goldman Sachs International |
10/13/26 |
11,139 |
— |
|
RUB |
162,125,000 |
USD |
2,023,780 |
Deutsche Bank AG |
10/14/26 |
— |
(34,748
) |
|
KZT |
3,140,674,000 |
USD |
5,142,323 |
Deutsche Bank AG |
10/15/26 |
1,312,597 |
— |
|
USD |
4,780,642 |
KZT |
2,319,328,445 |
Deutsche Bank AG |
10/15/26 |
13,805 |
— |
|
USD |
1,064,704 |
KZT |
520,640,122 |
Deutsche Bank AG |
10/15/26 |
— |
(5,350
) |
|
USD |
2,502,356 |
KZT |
1,221,399,771 |
Deutsche Bank AG |
10/15/26 |
— |
(7,946
) |
|
USD |
2,502,356 |
KZT |
1,223,401,655 |
Deutsche Bank AG |
10/15/26 |
— |
(12,060
) |
|
USD |
2,502,356 |
KZT |
1,223,651,891 |
Deutsche Bank AG |
10/15/26 |
— |
(12,575
) |
|
VND |
28,765,131,636 |
USD |
1,080,786 |
JPMorgan Chase Bank, N.A. |
10/16/26 |
7,330 |
— |
|
UGX |
2,157,978,684 |
USD |
568,937 |
Standard Chartered Bank |
10/20/26 |
828 |
— |
|
UGX |
2,246,747,280 |
USD |
603,482 |
Standard Chartered Bank |
10/20/26 |
— |
(10,280
) |
|
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
USD |
929,792 |
UGX |
3,430,934,000 |
Standard Chartered Bank |
10/20/26 |
$23,933 |
$ — |
|
USD |
256,002 |
UGX |
973,791,964 |
Standard Chartered Bank |
10/20/26 |
— |
(1,106
) |
|
UGX |
2,957,568,591 |
USD |
779,538 |
Standard Chartered Bank |
10/21/26 |
1,219 |
— |
|
UGX |
5,080,990,717 |
USD |
1,346,504 |
Standard Chartered Bank |
10/21/26 |
— |
(5,193
) |
|
USD |
929,792 |
UGX |
3,458,828,000 |
Standard Chartered Bank |
10/21/26 |
16,710 |
— |
|
USD |
1,213,646 |
UGX |
4,579,731,308 |
Standard Chartered Bank |
10/21/26 |
4,661 |
— |
|
VND |
32,098,942,105 |
USD |
1,210,824 |
Standard Chartered Bank |
10/22/26 |
2,713 |
— |
|
GHS |
5,713,387 |
USD |
496,820 |
Standard Chartered Bank |
10/23/26 |
— |
(14,689
) |
|
KZT |
3,109,972,000 |
USD |
5,102,497 |
Deutsche Bank AG |
10/23/26 |
1,273,075 |
— |
|
UGX |
3,454,179,000 |
USD |
910,432 |
Standard Chartered Bank |
10/23/26 |
1,141 |
— |
|
USD |
6,441,853 |
KZT |
3,137,826,490 |
Deutsche Bank AG |
10/23/26 |
9,178 |
— |
|
USD |
929,792 |
UGX |
3,454,179,000 |
Standard Chartered Bank |
10/23/26 |
18,219 |
— |
|
KZT |
4,754,781,000 |
USD |
7,857,843 |
Deutsche Bank AG |
10/27/26 |
1,877,281 |
— |
|
USD |
4,905,602 |
KZT |
2,367,443,556 |
Deutsche Bank AG |
10/27/26 |
58,405 |
— |
|
USD |
2,452,801 |
KZT |
1,186,174,579 |
Deutsche Bank AG |
10/27/26 |
24,181 |
— |
|
USD |
2,452,801 |
KZT |
1,188,627,380 |
Deutsche Bank AG |
10/27/26 |
19,159 |
— |
|
USD |
4,020,067 |
OMR |
1,548,325 |
Standard Chartered Bank |
10/29/26 |
— |
(1,869
) |
|
USD |
4,422,074 |
OMR |
1,703,157 |
Standard Chartered Bank |
10/29/26 |
— |
(2,056
) |
|
USD |
4,824,081 |
OMR |
1,857,990 |
Standard Chartered Bank |
10/29/26 |
— |
(2,243
) |
|
USD |
5,308,408 |
OMR |
2,044,528 |
Standard Chartered Bank |
10/29/26 |
— |
(2,468
) |
|
KZT |
1,504,882,000 |
USD |
2,754,933 |
Bank of America, N.A. |
11/2/26 |
320,366 |
— |
|
KZT |
1,529,284,407 |
USD |
2,587,482 |
Deutsche Bank AG |
11/3/26 |
536,695 |
— |
|
UGX |
126,075,000 |
USD |
33,186 |
Standard Chartered Bank |
11/3/26 |
29 |
— |
|
UGX |
6,800,879,000 |
USD |
1,845,557 |
Standard Chartered Bank |
11/3/26 |
— |
(53,827
) |
|
USD |
1,859,585 |
UGX |
6,926,954,000 |
Standard Chartered Bank |
11/3/26 |
34,640 |
— |
|
UGX |
1,731,738,000 |
USD |
456,682 |
Standard Chartered Bank |
11/6/26 |
— |
(719
) |
|
USD |
464,896 |
UGX |
1,731,738,000 |
Standard Chartered Bank |
11/6/26 |
8,933 |
— |
|
ZMW |
10,952,000 |
USD |
451,257 |
Societe Generale |
11/6/26 |
127,704 |
— |
|
UGX |
2,973,566,334 |
USD |
783,755 |
Standard Chartered Bank |
11/10/26 |
— |
(1,514
) |
|
UGX |
3,973,843,666 |
USD |
1,072,562 |
Standard Chartered Bank |
11/10/26 |
— |
(27,184
) |
|
USD |
929,793 |
UGX |
3,472,775,000 |
Standard Chartered Bank |
11/10/26 |
16,227 |
— |
|
USD |
929,793 |
UGX |
3,474,635,000 |
Standard Chartered Bank |
11/10/26 |
15,738 |
— |
|
KES |
115,890,000 |
USD |
874,641 |
Standard Chartered Bank |
11/12/26 |
14,532 |
— |
|
UGX |
3,491,371,000 |
USD |
923,186 |
Standard Chartered Bank |
11/12/26 |
— |
(5,136
) |
|
USD |
836,751 |
KES |
115,890,000 |
Standard Chartered Bank |
11/12/26 |
— |
(52,423
) |
|
USD |
929,793 |
UGX |
3,491,371,000 |
Standard Chartered Bank |
11/12/26 |
11,742 |
— |
|
UGX |
1,771,255,000 |
USD |
466,611 |
Standard Chartered Bank |
11/13/26 |
— |
(965
) |
|
USD |
464,896 |
UGX |
1,771,255,000 |
Standard Chartered Bank |
11/13/26 |
— |
(749
) |
|
UGX |
3,626,190,000 |
USD |
955,518 |
Standard Chartered Bank |
11/16/26 |
— |
(2,861
) |
|
USD |
929,792 |
UGX |
3,626,190,000 |
Bank of America, N.A. |
11/16/26 |
— |
(22,865
) |
|
TRY |
566,724,126 |
USD |
10,254,748 |
Standard Chartered Bank |
11/19/26 |
640,239 |
— |
|
USD |
10,326,523 |
TRY |
566,724,126 |
Standard Chartered Bank |
11/19/26 |
— |
(568,464
) |
|
USD |
35,456,615 |
KWD |
10,831,996 |
JPMorgan Chase Bank, N.A. |
11/23/26 |
397,912 |
— |
|
GHS |
5,968,709 |
USD |
499,474 |
Societe Generale |
12/7/26 |
281 |
— |
|
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
USD |
2,005,468 |
UAH |
94,257,000 |
Deutsche Bank AG |
12/7/26 |
$ — |
$(33,902
) |
|
USD |
503,185 |
UAH |
23,700,000 |
Citibank, N.A. |
12/9/26 |
— |
(9,298
) |
|
USD |
989,604 |
UAH |
47,501,000 |
Citibank, N.A. |
12/9/26 |
— |
(37,546
) |
|
GHS |
3,473,000 |
USD |
298,114 |
Standard Chartered Bank |
12/11/26 |
— |
(7,528
) |
|
KZT |
1,616,358,251 |
USD |
3,000,201 |
Deutsche Bank AG |
12/14/26 |
259,282 |
— |
|
KZT |
1,560,104,484 |
USD |
2,890,421 |
Deutsche Bank AG |
12/14/26 |
255,623 |
— |
|
KZT |
1,358,314,149 |
USD |
2,524,044 |
Deutsche Bank AG |
12/14/26 |
215,077 |
— |
|
MYR |
17,000,000 |
USD |
4,116,223 |
Barclays Bank PLC |
12/16/26 |
59,165 |
— |
|
MYR |
7,380,000 |
USD |
1,802,418 |
Barclays Bank PLC |
12/16/26 |
10,192 |
— |
|
MYR |
24,000,000 |
USD |
5,818,323 |
State Street Bank and Trust Company |
12/16/26 |
76,342 |
— |
|
NGN |
3,145,234,000 |
USD |
2,119,906 |
JPMorgan Chase Bank, N.A. |
12/16/26 |
79,044 |
— |
|
USD |
2,167,632 |
NGN |
3,145,234,000 |
Citibank, N.A. |
12/16/26 |
— |
(31,318
) |
|
KZT |
2,306,368,463 |
USD |
4,339,357 |
Deutsche Bank AG |
12/17/26 |
307,187 |
— |
|
JPY |
91,126,520 |
USD |
583,432 |
JPMorgan Chase Bank, N.A. |
1/7/27 |
— |
(3,418
) |
|
USD |
632,592 |
JPY |
91,126,520 |
Standard Chartered Bank |
1/7/27 |
52,578 |
— |
|
RUB |
218,112,000 |
USD |
2,639,207 |
ICBC Standard Bank plc |
1/13/27 |
— |
(39,331
) |
|
NGN |
1,625,307,000 |
USD |
1,012,652 |
Standard Chartered Bank |
1/21/27 |
111,684 |
— |
|
USD |
1,108,668 |
NGN |
1,625,307,000 |
Bank of America, N.A. |
1/21/27 |
— |
(15,669
) |
|
USD |
2,238,483 |
EUR |
1,842,630 |
State Street Bank and Trust Company |
1/25/27 |
98,806 |
— |
|
EUR |
8,080,000 |
USD |
9,636,208 |
Bank of America, N.A. |
1/26/27 |
— |
(253,263
) |
|
EUR |
12,306,204 |
USD |
14,449,124 |
JPMorgan Chase Bank, N.A. |
1/26/27 |
— |
(158,476
) |
|
USD |
14,435,177 |
EUR |
12,306,204 |
Bank of America, N.A. |
1/26/27 |
144,530 |
— |
|
USD |
9,486,997 |
EUR |
8,080,000 |
JPMorgan Chase Bank, N.A. |
1/26/27 |
104,052 |
— |
|
EUR |
6,540,000 |
USD |
7,800,258 |
Barclays Bank PLC |
1/27/27 |
— |
(205,337
) |
|
USD |
7,659,434 |
EUR |
6,540,000 |
JPMorgan Chase Bank, N.A. |
1/27/27 |
64,513 |
— |
|
KES |
294,316,000 |
USD |
2,186,597 |
Citibank, N.A. |
2/3/27 |
53,497 |
— |
|
USD |
874,638 |
KES |
123,324,000 |
Citibank, N.A. |
2/3/27 |
— |
(64,004
) |
|
USD |
380,630 |
KES |
51,385,000 |
JPMorgan Chase Bank, N.A. |
2/3/27 |
— |
(10,471
) |
|
USD |
874,640 |
KES |
119,607,000 |
JPMorgan Chase Bank, N.A. |
2/3/27 |
— |
(35,711
) |
|
KES |
117,420,000 |
USD |
874,637 |
Standard Chartered Bank |
2/18/27 |
16,638 |
— |
|
USD |
871,061 |
KES |
117,420,000 |
Standard Chartered Bank |
2/18/27 |
— |
(20,213
) |
|
KES |
117,201,000 |
USD |
874,634 |
Standard Chartered Bank |
2/24/27 |
14,011 |
— |
|
USD |
857,039 |
KES |
117,201,000 |
Standard Chartered Bank |
2/24/27 |
— |
(31,607
) |
|
KES |
120,203,000 |
USD |
895,041 |
Standard Chartered Bank |
3/2/27 |
15,377 |
— |
|
USD |
855,537 |
KES |
120,203,000 |
Standard Chartered Bank |
3/2/27 |
— |
(54,881
) |
|
USD |
4,993,351 |
KWD |
1,508,004 |
Standard Chartered Bank |
3/3/27 |
105,623 |
— |
|
KES |
121,054,000 |
USD |
895,046 |
Standard Chartered Bank |
3/8/27 |
20,823 |
— |
|
USD |
864,671 |
KES |
121,054,000 |
Standard Chartered Bank |
3/8/27 |
— |
(51,198
) |
|
GHS |
2,318,000 |
USD |
199,829 |
Standard Chartered Bank |
3/11/27 |
— |
(8,660
) |
|
KZT |
1,302,614,000 |
USD |
2,355,541 |
Deutsche Bank AG |
3/11/27 |
202,134 |
— |
|
UZS |
36,535,678,000 |
USD |
2,792,180 |
Deutsche Bank AG |
3/11/27 |
162,917 |
— |
|
UZS |
18,253,878,000 |
USD |
1,396,090 |
Deutsche Bank AG |
3/11/27 |
80,330 |
— |
|
UZS |
18,288,780,000 |
USD |
1,396,090 |
Deutsche Bank AG |
3/12/27 |
82,934 |
— |
|
UZS |
18,253,878,000 |
USD |
1,396,090 |
Deutsche Bank AG |
3/12/27 |
80,111 |
— |
|
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
NGN |
4,077,624,000 |
USD |
2,682,647 |
JPMorgan Chase Bank, N.A. |
3/15/27 |
$90,477 |
$ — |
|
USD |
45,187,300 |
AED |
165,888,000 |
Bank of America, N.A. |
3/15/27 |
2,478 |
— |
|
USD |
26,963,580 |
AED |
98,986,000 |
Standard Chartered Bank |
3/15/27 |
1,626 |
— |
|
USD |
2,722,045 |
NGN |
4,077,624,000 |
Standard Chartered Bank |
3/15/27 |
— |
(51,079
) |
|
HKD |
230,790,000 |
USD |
29,617,700 |
Barclays Bank PLC |
3/16/27 |
— |
(8,444
) |
|
USD |
45,187,323 |
AED |
165,964,000 |
Bank of America, N.A. |
3/16/27 |
— |
(18,303
) |
|
USD |
29,813,978 |
HKD |
230,790,000 |
Standard Chartered Bank |
3/16/27 |
204,722 |
— |
|
HKD |
355,610,000 |
USD |
45,622,611 |
Citibank, N.A. |
3/17/27 |
1,508 |
— |
|
USD |
22,593,662 |
AED |
82,982,000 |
Bank of America, N.A. |
3/17/27 |
— |
(9,204
) |
|
USD |
27,119,029 |
AED |
99,586,500 |
HSBC Bank USA, N.A. |
3/17/27 |
— |
(6,615
) |
|
USD |
4,521,732 |
HKD |
35,000,000 |
Barclays Bank PLC |
3/17/27 |
31,296 |
— |
|
USD |
29,841,491 |
HKD |
231,000,000 |
Citibank, N.A. |
3/17/27 |
204,610 |
— |
|
USD |
11,576,173 |
HKD |
89,610,000 |
Goldman Sachs International |
3/17/27 |
79,373 |
— |
|
UZS |
26,619,849,175 |
USD |
2,042,183 |
Deutsche Bank AG |
3/17/27 |
108,990 |
— |
|
UZS |
13,299,713,675 |
USD |
1,021,091 |
Deutsche Bank AG |
3/17/27 |
53,670 |
— |
|
UZS |
9,845,980,000 |
USD |
755,349 |
Deutsche Bank AG |
3/17/27 |
40,312 |
— |
|
UZS |
2,684,224,000 |
USD |
206,082 |
Deutsche Bank AG |
3/17/27 |
10,832 |
— |
|
UZS |
2,234,989,000 |
USD |
171,592 |
Deutsche Bank AG |
3/17/27 |
9,019 |
— |
|
UZS |
26,670,903,738 |
USD |
2,042,183 |
Deutsche Bank AG |
3/18/27 |
112,797 |
— |
|
UZS |
13,335,451,869 |
USD |
1,021,091 |
Deutsche Bank AG |
3/18/27 |
56,399 |
— |
|
UZS |
11,641,182,000 |
USD |
891,362 |
Deutsche Bank AG |
3/18/27 |
49,233 |
— |
|
UZS |
5,820,591,000 |
USD |
445,681 |
Deutsche Bank AG |
3/18/27 |
24,617 |
— |
|
UZS |
18,433,344,596 |
USD |
1,406,052 |
Deutsche Bank AG |
3/19/27 |
83,122 |
— |
|
UZS |
11,412,500,000 |
USD |
866,421 |
Deutsche Bank AG |
3/24/27 |
54,880 |
— |
|
USD |
27,112,442 |
AED |
99,584,000 |
Citibank, N.A. |
3/26/27 |
— |
(13,082
) |
|
USD |
26,801,198 |
AED |
98,427,398 |
Standard Chartered Bank |
3/30/27 |
— |
(9,527
) |
|
USD |
26,801,198 |
AED |
98,476,980 |
Standard Chartered Bank |
4/1/27 |
— |
(23,156
) |
|
USD |
26,801,197 |
AED |
98,487,700 |
Standard Chartered Bank |
4/1/27 |
— |
(26,077
) |
|
USD |
19,333,237 |
BHD |
7,384,389 |
Standard Chartered Bank |
4/1/27 |
— |
(199,803
) |
|
USD |
19,826,064 |
SAR |
74,883,641 |
Standard Chartered Bank |
4/1/27 |
— |
(86,077
) |
|
USD |
19,826,064 |
SAR |
74,893,554 |
Standard Chartered Bank |
4/1/27 |
— |
(88,713
) |
|
USD |
19,826,222 |
SAR |
74,919,328 |
Standard Chartered Bank |
4/1/27 |
— |
(95,407
) |
|
USD |
19,826,222 |
SAR |
74,919,328 |
Standard Chartered Bank |
4/1/27 |
— |
(95,407
) |
|
USD |
39,652,444 |
SAR |
149,806,933 |
Standard Chartered Bank |
4/1/27 |
— |
(182,380
) |
|
USD |
26,801,197 |
AED |
98,490,380 |
Standard Chartered Bank |
4/2/27 |
— |
(26,868
) |
|
USD |
19,826,222 |
SAR |
74,913,380 |
Deutsche Bank AG |
4/5/27 |
— |
(93,314
) |
|
USD |
3,300,100 |
AED |
12,127,042 |
Standard Chartered Bank |
4/6/27 |
— |
(3,249
) |
|
USD |
15,934,486 |
SAR |
60,236,027 |
Standard Chartered Bank |
4/7/27 |
— |
(82,122
) |
|
USD |
19,826,064 |
SAR |
74,913,380 |
Standard Chartered Bank |
4/7/27 |
— |
(93,217
) |
|
USD |
19,826,064 |
SAR |
74,923,293 |
Standard Chartered Bank |
4/7/27 |
— |
(95,852
) |
|
USD |
19,826,063 |
SAR |
74,941,136 |
Standard Chartered Bank |
4/7/27 |
— |
(100,597
) |
|
USD |
9,666,695 |
BHD |
3,688,811 |
Standard Chartered Bank |
4/12/27 |
— |
(89,120
) |
|
RUB |
454,199,000 |
USD |
5,278,413 |
ICBC Standard Bank plc |
4/13/27 |
— |
(7,706
) |
|
UZS |
2,119,371,000 |
USD |
118,170 |
Deutsche Bank AG |
10/25/27 |
48,944 |
— |
|
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
|
Currency Purchased |
Currency Sold |
Counterparty |
Settlement
Date |
Unrealized
Appreciation |
Unrealized
(Depreciation) | ||
|
UZS |
2,223,163,000 |
USD |
124,352 |
Deutsche Bank AG |
11/8/27 |
$50,651 |
$ — |
|
|
|
|
|
|
|
$29,931,612 |
$(23,151,431
) |
|
Forward Volatility Agreements (OTC) | |||||
|
Reference Entity |
Counterparty |
Strike
Volatility Rate |
Expiration
Date(1) |
Notional
Amount
(000s omitted) |
Value/Unrealized
Appreciation
(Depreciation) |
|
EUR vs. HUF, 1 year term |
BNP Paribas |
7.80% |
6/15/27 |
$10,635 |
$66,065 |
|
EUR vs. HUF, 1 year term |
JPMorgan Chase Bank, N.A. |
8.11 |
6/11/27 |
4,969 |
17,259 |
|
|
|
|
|
|
$83,324 |
|
(1)
|
At the expiration date, the Portfolio will purchase from the counterparty an option straddle expiring in 12 months with a strike rate to be determined on
this date. |
|
Non-Deliverable Bond Forward Contracts1 | ||||||
|
Settlement Date |
Notional Amount
(000's omitted) |
Reference Entity |
Counterparty |
Aggregate Cost |
Unrealized
Appreciation
(Depreciation) | |
|
8/10/26 |
COP |
5,121,200 |
Republic of Colombia,
11.75%, 1/24/35 |
Goldman Sachs International |
$1,623,191 |
$(30,029
) |
|
9/1/26 |
COP |
7,212,100 |
Republic of Colombia,
12.50%, 2/27/30 |
Bank of America, N.A. |
2,285,913 |
(31,662
) |
|
|
|
|
|
|
|
$(61,691
) |
|
1
|
Represents a short-term forward contract to purchase the reference entity denominated in a non-deliverable foreign currency. |
|
Futures Contracts | |||||
|
Description |
Number of
Contracts |
Position |
Expiration
Date |
Notional
Amount |
Value/Unrealized
Appreciation
(Depreciation) |
|
Commodity Futures |
|
|
|
|
|
|
Gold |
79 |
Long |
12/29/26 |
$32,445,300 |
$(296,176
) |
|
Equity Futures |
|
|
|
|
|
|
FTSE Taiwan Index |
140 |
Long |
8/28/26 |
20,431,007 |
(630,726
) |
|
OMX Stockholm 30 Index |
657 |
Long |
8/21/26 |
22,479,112 |
608,378 |
|
IFSC Nifty 50 Index |
(384
) |
Short |
8/25/26 |
(18,769,248
) |
(475,020
) |
|
STOXX Europe 600 Index |
(1,421
) |
Short |
9/18/26 |
(53,279,921
) |
(900,054
) |
|
Interest Rate Futures |
|
|
|
|
|
|
U.S. Long Treasury Bond |
397 |
Long |
9/21/26 |
43,000,062 |
(729,887
) |
|
Futures Contracts (continued) | |||||
|
Description |
Number of
Contracts |
Position |
Expiration
Date |
Notional
Amount |
Value/Unrealized
Appreciation
(Depreciation) |
|
Interest Rate Futures (continued) |
|
|
|
|
|
|
U.S. Ultra-Long Treasury Bond |
440 |
Long |
9/21/26 |
$48,262,501 |
$(1,192,984
) |
|
Euro-Bobl |
(457
) |
Short |
9/8/26 |
(59,992,481
) |
477,805 |
|
Euro-Bund |
(10
) |
Short |
9/8/26 |
(1,434,057
) |
14,530 |
|
Japan 10-Year Bond |
(1
) |
Short |
9/14/26 |
(798,655
) |
314 |
|
U.S. 2-Year Treasury Note |
(52
) |
Short |
9/30/26 |
(10,691,688
) |
38,654 |
|
U.S. 5-Year Treasury Note |
(1,166
) |
Short |
9/30/26 |
(123,568,673
) |
633,511 |
|
U.S. 10-Year Treasury Note |
(3
) |
Short |
9/21/26 |
(324,000
) |
328 |
|
U.S. Ultra 10-Year Treasury Note |
(14
) |
Short |
9/21/26 |
(1,535,844
) |
19,272 |
|
|
|
|
|
|
$(2,432,055
) |
|
Interest Rate Swaps (Centrally Cleared) | ||||||||
|
Notional Amount
(000's omitted) |
Portfolio
Pays/
Receives
Floating
Rate |
Floating Rate |
Annual
Fixed Rate |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) | |
|
BRL |
95,000 |
Receives |
Brazil CETIP Interbank
Deposit Rate
(pays upon termination) |
14.68%
(pays upon termination) |
1/2/31 |
$ (369,706) |
$ — |
$(369,706
) |
|
BRL |
146,000 |
Receives |
Brazil CETIP Interbank
Deposit Rate
(pays upon termination) |
14.68%
(pays upon termination) |
1/2/31 |
(574,170) |
— |
(574,170
) |
|
BRL |
99,050 |
Receives |
Brazil CETIP Interbank
Deposit Rate
(pays upon termination) |
14.70%
(pays upon termination) |
1/2/31 |
(401,724) |
— |
(401,724
) |
|
CNY |
164,400 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.58%
(pays quarterly) |
12/17/30 |
137,310 |
— |
137,310 |
|
CNY |
140,000 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.59%
(pays quarterly) |
12/17/30 |
121,002 |
— |
121,002 |
|
CNY |
65,400 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.59%
(pays quarterly) |
12/17/30 |
57,159 |
— |
57,159 |
|
CNY |
197,000 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.59%
(pays quarterly) |
12/17/30 |
174,086 |
— |
174,086 |
|
CNY |
110,000 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.59%
(pays quarterly) |
12/17/30 |
98,271 |
— |
98,271 |
|
CNY |
45,014 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.60%
(pays quarterly) |
3/18/31 |
45,220 |
— |
45,220 |
|
CNY |
123,900 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.62%
(pays quarterly) |
3/18/31 |
135,003 |
— |
135,003 |
|
CNY |
122,116 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.62%
(pays quarterly) |
3/18/31 |
135,136 |
— |
135,136 |
|
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
|
Notional Amount
(000's omitted) |
Portfolio
Pays/
Receives
Floating
Rate |
Floating Rate |
Annual
Fixed Rate |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) | |
|
CNY |
149,413 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.63%
(pays quarterly) |
3/18/31 |
$ 171,239 |
$ — |
$171,239 |
|
CNY |
74,900 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.63%
(pays quarterly) |
3/18/31 |
85,943 |
— |
85,943 |
|
CNY |
59,757 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.63%
(pays quarterly) |
3/18/31 |
68,974 |
— |
68,974 |
|
CNY |
193,890 |
Pays |
7-day China Fixing Repo
Rates
(pays quarterly) |
1.50%
(pays quarterly) |
6/17/31 |
50,838 |
— |
50,838 |
|
CZK |
405,572 |
Receives |
6-month CZK PRIBOR
(pays semi-annually) |
4.62%
(pays annually) |
6/17/36 |
(1,142) |
— |
(1,142
) |
|
EUR |
2,000 |
Receives |
1-day Euro Short-Term
Rate
(pays annually) |
2.60%
(pays annually) |
1/24/28 |
(4,518) |
21 |
(4,497
) |
|
EUR |
3,629 |
Pays |
6-month EURIBOR
(pays semi-annually) |
3.03%
(pays annually) |
10/10/29 |
65,518 |
— |
65,518 |
|
EUR |
1,200 |
Pays |
6-month EURIBOR
(pays semi-annually) |
3.17%
(pays annually) |
10/17/29 |
29,654 |
— |
29,654 |
|
EUR |
1,781 |
Pays |
6-month EURIBOR
(pays semi-annually) |
3.01%
(pays annually) |
10/27/29 |
31,297 |
— |
31,297 |
|
EUR |
45,844 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.03%
(pays annually) |
9/16/31 |
179,989 |
— |
179,989 |
|
EUR |
70,783 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.04%
(pays annually) |
9/16/31 |
231,443 |
— |
231,443 |
|
EUR |
62,810 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.18%
(pays annually) |
9/16/36 |
475,223 |
— |
475,223 |
|
EUR |
1,895 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.22%
(pays annually) |
9/16/36 |
6,231 |
— |
6,231 |
|
EUR |
7,581 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.23%
(pays annually) |
9/16/36 |
22,685 |
— |
22,685 |
|
EUR |
5,217 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.23%
(pays annually) |
9/16/36 |
14,843 |
— |
14,843 |
|
EUR |
2,148 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.23%
(pays annually) |
9/16/36 |
5,793 |
— |
5,793 |
|
EUR |
1,895 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.23%
(pays annually) |
9/16/36 |
4,926 |
— |
4,926 |
|
EUR |
1,895 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.23%
(pays annually) |
9/16/36 |
4,553 |
— |
4,553 |
|
EUR |
2,085 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.23%
(pays annually) |
9/16/36 |
4,906 |
— |
4,906 |
|
EUR |
1,895 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.24%
(pays annually) |
9/16/36 |
4,273 |
— |
4,273 |
|
EUR |
4,200 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.24%
(pays annually) |
9/16/36 |
8,437 |
— |
8,437 |
|
EUR |
3,791 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.24%
(pays annually) |
9/16/36 |
7,055 |
— |
7,055 |
|
EUR |
1,895 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.24%
(pays annually) |
9/16/36 |
3,341 |
— |
3,341 |
|
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
|
Notional Amount
(000's omitted) |
Portfolio
Pays/
Receives
Floating
Rate |
Floating Rate |
Annual
Fixed Rate |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) | |
|
EUR |
1,895 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.24%
(pays annually) |
9/16/36 |
$ 2,596 |
$ — |
$2,596 |
|
EUR |
3,711 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.25%
(pays annually) |
9/16/36 |
3,257 |
— |
3,257 |
|
EUR |
1,895 |
Receives |
6-month EURIBOR
(pays semi-annually) |
3.25%
(pays annually) |
9/16/36 |
1,291 |
— |
1,291 |
|
HUF |
6,313,207 |
Pays |
6-month HUF BUBOR
(pays semi-annually) |
5.00%
(pays annually) |
9/16/36 |
(260,744) |
— |
(260,744
) |
|
HUF |
5,129,481 |
Pays |
6-month HUF BUBOR
(pays semi-annually) |
5.04%
(pays annually) |
9/16/36 |
(164,088) |
— |
(164,088
) |
|
HUF |
789,151 |
Pays |
6-month HUF BUBOR
(pays semi-annually) |
5.05%
(pays annually) |
9/16/36 |
(24,523) |
— |
(24,523
) |
|
HUF |
4,498,160 |
Pays |
6-month HUF BUBOR
(pays semi-annually) |
5.10%
(pays annually) |
9/16/36 |
(84,580) |
— |
(84,580
) |
|
KRW |
15,445,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.37%
(pays quarterly) |
3/18/31 |
(251,079) |
— |
(251,079
) |
|
KRW |
23,197,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.38%
(pays quarterly) |
3/18/31 |
(376,367) |
— |
(376,367
) |
|
KRW |
12,139,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.38%
(pays quarterly) |
3/18/31 |
(194,697) |
— |
(194,697
) |
|
KRW |
11,584,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.39%
(pays quarterly) |
3/18/31 |
(184,299) |
— |
(184,299
) |
|
KRW |
17,995,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.41%
(pays quarterly) |
3/18/31 |
(272,891) |
— |
(272,891
) |
|
KRW |
21,593,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.44%
(pays quarterly) |
3/18/31 |
(307,829) |
— |
(307,829
) |
|
KRW |
19,572,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.44%
(pays quarterly) |
3/18/31 |
(276,243) |
— |
(276,243
) |
|
KRW |
8,997,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.45%
(pays quarterly) |
3/18/31 |
(126,277) |
— |
(126,277
) |
|
KRW |
21,593,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.45%
(pays quarterly) |
3/18/31 |
(297,966) |
— |
(297,966
) |
|
KRW |
14,708,700 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.47%
(pays quarterly) |
3/18/31 |
(192,544) |
— |
(192,544
) |
|
KRW |
8,997,300 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.47%
(pays quarterly) |
3/18/31 |
(118,600) |
— |
(118,600
) |
|
KRW |
6,990,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
3.99%
(pays quarterly) |
6/17/31 |
20,333 |
— |
20,333 |
|
KRW |
10,669,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
4.03%
(pays quarterly) |
6/17/31 |
44,239 |
— |
44,239 |
|
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
|
Notional Amount
(000's omitted) |
Portfolio
Pays/
Receives
Floating
Rate |
Floating Rate |
Annual
Fixed Rate |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) | |
|
KRW |
13,946,000 |
Pays |
3-month KRW Certificate
of Deposit Rate
(pays quarterly) |
4.05%
(pays quarterly) |
6/17/31 |
$ 70,254 |
$ — |
$70,254 |
|
MXN |
558,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.27%
(pays monthly) |
12/9/27 |
176,033 |
— |
176,033 |
|
MXN |
504,100 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.30%
(pays monthly) |
12/9/27 |
170,682 |
— |
170,682 |
|
MXN |
884,900 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
6.93%
(pays monthly) |
12/15/27 |
42,188 |
— |
42,188 |
|
MXN |
567,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
6.94%
(pays monthly) |
12/15/27 |
28,079 |
— |
28,079 |
|
MXN |
641,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.30%
(pays monthly) |
12/15/27 |
211,387 |
— |
211,387 |
|
MXN |
887,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.12%
(pays monthly) |
1/12/28 |
152,087 |
— |
152,087 |
|
MXN |
882,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.08%
(pays monthly) |
1/13/28 |
113,793 |
— |
113,793 |
|
MXN |
136,100 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.04%
(pays monthly) |
1/14/28 |
14,079 |
— |
14,079 |
|
MXN |
103,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
6.83%
(pays monthly) |
2/18/28 |
(9,680) |
— |
(9,680
) |
|
MXN |
119,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
6.84%
(pays monthly) |
2/21/28 |
(10,728) |
— |
(10,728
) |
|
MXN |
110,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
6.83%
(pays monthly) |
2/22/28 |
(10,399) |
— |
(10,399
) |
|
MXN |
72,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
6.79%
(pays monthly) |
2/24/28 |
(9,681) |
— |
(9,681
) |
|
MXN |
45,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
6.76%
(pays monthly) |
2/25/28 |
(7,571) |
— |
(7,571
) |
|
MXN |
1,052,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.06%
(pays monthly) |
3/7/28 |
89,254 |
— |
89,254 |
|
MXN |
1,061,946 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.04%
(pays monthly) |
3/9/28 |
51,680 |
— |
51,680 |
|
MXN |
860,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.08%
(pays monthly) |
3/10/28 |
79,917 |
— |
79,917 |
|
MXN |
849,000 |
Receives |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.53%
(pays monthly) |
4/6/28 |
(409,572) |
— |
(409,572
) |
|
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
|
Notional Amount
(000's omitted) |
Portfolio
Pays/
Receives
Floating
Rate |
Floating Rate |
Annual
Fixed Rate |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) | |
|
MXN |
2,352,070 |
Receives |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.54%
(pays monthly) |
4/6/28 |
$(1,154,793) |
$ — |
$(1,154,793
) |
|
MXN |
979,500 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.56%
(pays monthly) |
6/14/28 |
515,995 |
— |
515,995 |
|
MXN |
905,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.19%
(pays monthly) |
7/26/28 |
69,315 |
— |
69,315 |
|
MXN |
67,200 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.28%
(pays monthly) |
9/14/28 |
4,404 |
— |
4,404 |
|
MXN |
406,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.34%
(pays monthly) |
9/14/28 |
52,974 |
— |
52,974 |
|
MXN |
789,000 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.40%
(pays monthly) |
9/14/28 |
157,149 |
— |
157,149 |
|
MXN |
13,120 |
Pays |
Mexico Interbank TIIE
28 Day
(pays monthly) |
9.13%
(pays monthly) |
11/6/29 |
37,290 |
— |
37,290 |
|
MXN |
593,607 |
Receives |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.91%
(pays monthly) |
9/11/31 |
(94,836) |
— |
(94,836
) |
|
MXN |
367,293 |
Receives |
Mexico Interbank TIIE
28 Day
(pays monthly) |
7.93%
(pays monthly) |
9/11/31 |
(74,025) |
— |
(74,025
) |
|
MYR |
63,000 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.58%
(pays quarterly) |
6/18/31 |
68,925 |
— |
68,925 |
|
MYR |
39,000 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.59%
(pays quarterly) |
6/18/31 |
41,766 |
— |
41,766 |
|
MYR |
34,820 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.59%
(pays quarterly) |
6/18/31 |
35,078 |
— |
35,078 |
|
MYR |
25,000 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.59%
(pays quarterly) |
6/18/31 |
24,608 |
— |
24,608 |
|
MYR |
39,000 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.60%
(pays quarterly) |
6/18/31 |
33,658 |
— |
33,658 |
|
MYR |
42,000 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.61%
(pays quarterly) |
6/18/31 |
35,277 |
— |
35,277 |
|
MYR |
23,000 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.61%
(pays quarterly) |
6/18/31 |
18,787 |
— |
18,787 |
|
MYR |
13,490 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.61%
(pays quarterly) |
6/18/31 |
10,941 |
— |
10,941 |
|
MYR |
69,000 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.61%
(pays quarterly) |
6/18/31 |
50,384 |
— |
50,384 |
|
MYR |
23,360 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.61%
(pays quarterly) |
6/18/31 |
18,002 |
— |
18,002 |
|
MYR |
14,850 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.62%
(pays quarterly) |
6/18/31 |
10,501 |
— |
10,501 |
|
MYR |
13,130 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.63%
(pays quarterly) |
6/18/31 |
7,919 |
— |
7,919 |
|
MYR |
10,890 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.63%
(pays quarterly) |
6/18/31 |
6,380 |
— |
6,380 |
|
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
|
Notional Amount
(000's omitted) |
Portfolio
Pays/
Receives
Floating
Rate |
Floating Rate |
Annual
Fixed Rate |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) | |
|
MYR |
16,300 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.63%
(pays quarterly) |
6/18/31 |
$ 9,266 |
$ — |
$9,266 |
|
MYR |
19,700 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.63%
(pays quarterly) |
6/18/31 |
10,858 |
— |
10,858 |
|
MYR |
23,420 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.63%
(pays quarterly) |
6/18/31 |
12,369 |
— |
12,369 |
|
MYR |
6,910 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.64%
(pays quarterly) |
6/18/31 |
3,410 |
— |
3,410 |
|
MYR |
10,110 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.64%
(pays quarterly) |
6/18/31 |
4,463 |
— |
4,463 |
|
MYR |
15,280 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.64%
(pays quarterly) |
6/18/31 |
5,951 |
— |
5,951 |
|
MYR |
10,790 |
Receives |
3-month MYR KLIBOR
(pays quarterly) |
3.65%
(pays quarterly) |
6/18/31 |
3,766 |
— |
3,766 |
|
PLN |
23,717 |
Pays |
6-month PLN WIBOR
(pays semi-annually) |
4.17%
(pays annually) |
6/17/31 |
(55,706) |
— |
(55,706
) |
|
PLN |
43,591 |
Pays |
6-month PLN WIBOR
(pays semi-annually) |
4.18%
(pays annually) |
6/17/31 |
(97,170) |
— |
(97,170
) |
|
PLN |
83,578 |
Pays |
6-month PLN WIBOR
(pays semi-annually) |
4.24%
(pays annually) |
6/17/31 |
(122,999) |
— |
(122,999
) |
|
PLN |
26,714 |
Pays |
6-month PLN WIBOR
(pays semi-annually) |
4.25%
(pays annually) |
6/17/31 |
(37,173) |
— |
(37,173
) |
|
PLN |
175,402 |
Receives |
6-month PLN WIBOR
(pays semi-annually) |
4.70%
(pays annually) |
6/17/31 |
(693,720) |
— |
(693,720
) |
|
PLN |
90,904 |
Receives |
6-month PLN WIBOR
(pays quarterly) |
4.49%
(pays annually) |
8/12/32 |
80,853 |
— |
80,853 |
|
PLN |
90,904 |
Pays |
6-month PLN WIBOR
(pays semi-annually) |
4.59%
(pays annually) |
8/12/32 |
(72,482) |
— |
(72,482
) |
|
PLN |
390,150 |
Receives |
6-month PLN WIBOR
(pays quarterly) |
4.61%
(pays annually) |
9/9/32 |
157,223 |
— |
157,223 |
|
PLN |
390,150 |
Pays |
6-month PLN WIBOR
(pays semi-annually) |
4.71%
(pays annually) |
9/9/32 |
(130,508) |
— |
(130,508
) |
|
PLN |
11,653 |
Receives |
6-month PLN WIBOR
(pays semi-annually) |
4.27%
(pays annually) |
6/18/35 |
86,205 |
— |
86,205 |
|
PLN |
45,541 |
Receives |
6-month PLN WIBOR
(pays semi-annually) |
4.31%
(pays annually) |
6/18/35 |
296,962 |
— |
296,962 |
|
PLN |
60,296 |
Receives |
6-month PLN WIBOR
(pays semi-annually) |
4.34%
(pays annually) |
6/18/35 |
363,063 |
— |
363,063 |
|
PLN |
38,470 |
Receives |
6-month PLN WIBOR
(pays semi-annually) |
4.44%
(pays annually) |
12/17/35 |
(46,335) |
— |
(46,335
) |
|
PLN |
74,514 |
Receives |
6-month PLN WIBOR
(pays semi-annually) |
4.91%
(pays annually) |
6/17/36 |
(329,281) |
— |
(329,281
) |
|
TWD |
417,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.12%
(pays quarterly) |
6/17/31 |
110,499 |
— |
110,499 |
|
TWD |
909,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.13%
(pays quarterly) |
6/17/31 |
233,723 |
— |
233,723 |
|
TWD |
695,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.13%
(pays quarterly) |
6/17/31 |
172,239 |
— |
172,239 |
|
TWD |
199,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.13%
(pays quarterly) |
6/17/31 |
48,748 |
— |
48,748 |
|
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
|
Notional Amount
(000's omitted) |
Portfolio
Pays/
Receives
Floating
Rate |
Floating Rate |
Annual
Fixed Rate |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) | |
|
TWD |
645,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.14%
(pays quarterly) |
6/17/31 |
$ 152,007 |
$ — |
$152,007 |
|
TWD |
357,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.15%
(pays quarterly) |
6/17/31 |
80,561 |
— |
80,561 |
|
TWD |
198,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.16%
(pays quarterly) |
6/17/31 |
41,000 |
— |
41,000 |
|
TWD |
357,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.17%
(pays quarterly) |
6/17/31 |
71,372 |
— |
71,372 |
|
TWD |
374,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.29%
(pays quarterly) |
6/17/31 |
6,583 |
— |
6,583 |
|
TWD |
318,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.30%
(pays quarterly) |
6/17/31 |
4,233 |
— |
4,233 |
|
TWD |
374,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.30%
(pays quarterly) |
6/17/31 |
166 |
— |
166 |
|
TWD |
430,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.32%
(pays quarterly) |
6/17/31 |
(9,033) |
— |
(9,033
) |
|
TWD |
105,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.22%
(pays quarterly) |
9/16/31 |
22,315 |
— |
22,315 |
|
TWD |
248,500 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.22%
(pays quarterly) |
9/16/31 |
52,641 |
— |
52,641 |
|
TWD |
265,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.22%
(pays quarterly) |
9/16/31 |
55,589 |
— |
55,589 |
|
TWD |
333,000 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.23%
(pays quarterly) |
9/16/31 |
67,333 |
— |
67,333 |
|
TWD |
360,500 |
Receives |
3-month TWD TAIBOR
(pays quarterly) |
2.23%
(pays quarterly) |
9/16/31 |
71,652 |
— |
71,652 |
|
Total |
|
|
|
|
|
$(783,779) |
$21 |
$(783,758
) |
|
Interest Rate Swaps (OTC) | |||||||
|
Counterparty |
Notional Amount
(000's omitted) |
Portfolio
Pays/Receives
Floating Rate |
Floating Rate |
Annual
Fixed Rate |
Termination
Date |
Value/Unrealized
Appreciation
(Depreciation) | |
|
JPMorgan Chase Bank, N.A. |
TRY |
918,065 |
Receives |
1-day TRY TRLEF
(pays quarterly) |
39.34%
(pays quarterly) |
6/3/27 |
$ (76,373) |
|
JPMorgan Chase Bank, N.A. |
TRY |
918,065 |
Receives |
1-day TRY TRLEF
(pays quarterly) |
39.37%
(pays quarterly) |
6/4/27 |
(81,327) |
|
JPMorgan Chase Bank, N.A. |
TRY |
918,066 |
Receives |
1-day TRY TRLEF
(pays quarterly) |
39.35%
(pays quarterly) |
6/12/27 |
(89,991) |
|
JPMorgan Chase Bank, N.A. |
TRY |
538,176 |
Receives |
1-day TRY TRLEF
(pays annually) |
37.48%
(pays annually) |
6/3/28 |
98,978 |
|
Total |
|
|
|
|
|
|
$(148,713) |
|
Credit Default Swaps - Sell Protection (Centrally Cleared) | |||||||
|
Reference Entity |
Notional
Amount(1)
(000's omitted) |
Contract Annual
Fixed Rate(2) |
Current
Market Annual
Fixed Rate(3) |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) |
|
Saudi Arabia |
$3,009 |
1.00%
(pays quarterly)(4)
|
0.65
% |
6/20/31 |
$50,013 |
$(22,352
) |
$27,661 |
|
Total |
$3,009 |
|
|
|
$50,013 |
$(22,352
) |
$27,661 |
|
Credit Default Swaps - Buy Protection (Centrally Cleared) |
| ||||||
|
Reference Entity |
Notional
Amount
(000's omitted) |
Contract
Annual
Fixed Rate(2) |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) | |
|
Bahrain |
$ |
8,500 |
1.00%
(pays quarterly)(4)
|
12/20/35 |
$1,225,847 |
$(834,187
) |
$391,660 |
|
Korea |
|
147,330 |
1.00%
(pays quarterly)(4)
|
6/20/31 |
(5,170,244
) |
4,460,436 |
(709,808
) |
|
Markit CDX Emerging Markets Index
(CDX.EM.43.V1) |
|
50 |
1.00%
(pays quarterly)(4)
|
6/20/30 |
19 |
(832
) |
(813
) |
|
Markit CDX Emerging Markets Index
(CDX.EM.44.V1) |
|
34,255 |
1.00%
(pays quarterly)(4)
|
12/20/30 |
121,438 |
(679,243
) |
(557,805
) |
|
Markit CDX Emerging Markets Index
(CDX.EM.45.V1) |
|
202,782 |
1.00%
(pays quarterly)(4)
|
6/20/31 |
3,716,091 |
(8,752,703
) |
(5,036,612
) |
|
Markit CDX North America High Yield
Index (CDX.NA.HY.45.V3) |
|
107,754 |
5.00%
(pays quarterly)(4)
|
12/20/30 |
(8,726,716
) |
8,194,951 |
(531,765
) |
|
Markit CDX North America High Yield
Index (CDX.NA.HY.46.V2) |
|
18,184 |
5.00%
(pays quarterly)(4)
|
6/20/31 |
(1,464,338
) |
709,255 |
(755,083
) |
|
Poland |
|
27,220 |
1.00%
(pays quarterly)(4)
|
6/20/31 |
(610,469
) |
408,176 |
(202,293
) |
|
Qatar |
|
40,962 |
1.00%
(pays quarterly)(4)
|
6/20/31 |
(1,171,172
) |
871,304 |
(299,868
) |
|
Saudi Arabia |
|
54,737 |
1.00%
(pays quarterly)(4)
|
12/20/30 |
(931,609
) |
496,580 |
(435,029
) |
|
Saudi Arabia |
|
51,000 |
1.00%
(pays quarterly)(4)
|
12/20/33 |
(545,589
) |
43,036 |
(502,553
) |
|
Saudi Arabia |
|
46,290 |
1.00%
(pays quarterly)(4)
|
12/20/35 |
(229,246
) |
(378,098
) |
(607,344
) |
|
Saudi Arabia |
|
38,000 |
1.00%
(pays quarterly)(4)
|
6/20/36 |
(137,907
) |
14,860 |
(123,047
) |
|
South Africa |
|
200,746 |
1.00%
(pays quarterly)(4)
|
12/20/30 |
1,055,490 |
(3,787,895
) |
(2,732,405
) |
|
Total |
|
|
|
|
$(12,868,405
) |
$765,640 |
$(12,102,765
) |
|
Credit Default Swaps - Sell Protection (OTC) | ||||||||
|
Reference Entity |
Counterparty |
Notional
Amount(1)
(000's omitted) |
Contract Annual
Fixed Rate(2) |
Current
Market
Annual
Fixed Rate(3) |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) |
|
Petroleos
Mexicanos |
Barclays Bank PLC |
$3,209 |
1.00%
(pays quarterly)(4)
|
0.97
% |
12/20/26 |
$3,926 |
$15,696 |
$19,622 |
|
Petroleos
Mexicanos |
Barclays Bank PLC |
2,469 |
1.00%
(pays quarterly)(4)
|
0.97 |
12/20/26 |
3,021 |
14,309 |
17,330 |
|
Petroleos
Mexicanos |
Barclays Bank PLC |
3,075 |
1.00%
(pays quarterly)(4)
|
1.17 |
6/20/27 |
(1,235
) |
45,349 |
44,114 |
|
Petroleos
Mexicanos |
Barclays Bank PLC |
5,717 |
1.00%
(pays quarterly)(4)
|
1.17 |
6/20/27 |
(2,295
) |
72,257 |
69,962 |
|
Petroleos
Mexicanos |
Goldman Sachs
International |
1,146 |
1.00%
(pays quarterly)(4)
|
1.17 |
6/20/27 |
(460
) |
13,981 |
13,521 |
|
Petroleos
Mexicanos |
Goldman Sachs
International |
5,789 |
1.00%
(pays quarterly)(4)
|
1.17 |
6/20/27 |
(2,324
) |
71,103 |
68,779 |
|
Petroleos
Mexicanos |
JPMorgan Chase
Bank, N.A. |
2,193 |
1.00%
(pays quarterly)(4)
|
1.15 |
6/20/27 |
(398
) |
30,000 |
29,602 |
|
Total |
|
$23,598 |
|
|
|
$235 |
$262,695 |
$262,930 |
|
Credit Default Swaps - Buy Protection (OTC) | |||||||
|
Reference Entity |
Counterparty |
Notional
Amount
(000's omitted) |
Contract
Annual
Fixed Rate(2) |
Termination
Date |
Value |
Unamortized
Upfront
Receipts
(Payments) |
Unrealized
Appreciation
(Depreciation) |
|
Ecuador |
Bank of America, N.A. |
$963 |
5.00%
(pays quarterly)(4)
|
12/20/26 |
$(20,325
) |
$6,799 |
$(13,526
) |
|
Ecuador |
Barclays Bank PLC |
540 |
5.00%
(pays quarterly)(4)
|
12/20/26 |
(11,397
) |
3,168 |
(8,229
) |
|
Saudi Arabia |
BNP Paribas |
31,500 |
1.00%
(pays quarterly)(4)
|
12/20/30 |
(536,122
) |
315,930 |
(220,192
) |
|
Saudi Arabia |
BNP Paribas |
40,642 |
1.00%
(pays quarterly)(4)
|
12/20/30 |
(691,716
) |
391,442 |
(300,274
) |
|
Saudi Arabia |
Goldman Sachs
International |
28,800 |
1.00%
(pays quarterly)(4)
|
6/20/35 |
(182,011
) |
(269,013
) |
(451,024
) |
|
United States |
Barclays Bank PLC |
38,049 |
0.25%
(pays quarterly)(4)
|
12/20/30 |
204,388 |
(164,973
) |
39,415 |
|
United States |
BNP Paribas |
2,976 |
0.25%
(pays quarterly)(4)
|
12/20/30 |
15,986 |
(17,256
) |
(1,270
) |
|
United States |
BNP Paribas |
3,761 |
1.00%
(pays quarterly)(4)
|
6/20/31 |
21,185 |
(33,577
) |
(12,392
) |
|
United States |
Deutsche Bank AG |
1,984 |
0.25%
(pays quarterly)(4)
|
12/20/30 |
8,771 |
(9,771
) |
(1,000
) |
|
Total |
|
|
|
|
$(1,191,241
) |
$222,749 |
$(968,492
) |
|
(1)
|
If the Portfolio is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Portfolio could be required
to make if a credit event, as defined in the credit default swap agreement, were to occur. At July 31, 2026, such maximum potential amount for all
open credit default swaps in which the Portfolio is the seller was $26,607,000. |
|
(2)
|
The contract annual fixed rate represents the fixed rate of interest received by the Portfolio (as a seller of protection) or paid by the Portfolio (as a buyer
of protection) on the notional amount of the credit default swap contract. |
|
(3)
|
Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the
market’s perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a
particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may
include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit
event involving the reference entity. A rate identified as “Defaulted” indicates a credit event has occurred for the reference entity. |
|
(4)
|
Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon. |
|
Total Return Swaps (OTC) | ||||||
|
Counterparty |
Notional Amount
(000's omitted) |
Portfolio Receives |
Portfolio Pays |
Termination
Date |
Value/Unrealized
Appreciation
(Depreciation) | |
|
Citibank, N.A. |
USD |
485 |
Total Return on GHS
5,302,000 Republic of
Ghana Government
Bonds, 8.35%,
2/16/27 (pays upon
termination) |
Fully Funded1
|
2/16/27 |
$(17,022
) |
|
Goldman Sachs
International |
USD |
6,544 |
SOFR - 0.25% on
Notional Amount (pays
upon termination) |
Total Return on iShares
Semiconductor ETF (pays
upon termination) |
8/5/26 |
(218,165
) |
|
ICBC Standard Bank plc |
USD |
1,097 |
Total Return on
UZS 12,841,000,000
Uzbekistan Treasury
Bonds, 14.00%,
2/6/29 (pays upon
termination) |
Fully Funded1
|
2/6/29 |
95,965 |
|
ICBC Standard Bank plc |
USD |
1,413 |
Total Return on
UZS 16,265,000,000
Uzbekistan Treasury
Bonds, 14.00%,
2/6/29 (pays upon
termination) |
Fully Funded1
|
2/6/29 |
98,324 |
|
ICBC Standard Bank plc |
USD |
512 |
Total Return on
UZS 5,907,000,000
Uzbekistan Treasury
Bonds, 15.00%,
1/7/29 (pays upon
termination) |
Fully Funded1
|
1/7/29 |
20,782 |
|
ICBC Standard Bank plc |
USD |
709 |
Total Return on
UZS 8,133,000,000
Uzbekistan Treasury
Bonds, 15.00%,
1/7/29 (pays upon
termination) |
Fully Funded1
|
1/7/29 |
23,699 |
|
JPMorgan Chase Bank,
N.A. |
AUD |
12,231 |
Australian Overnight
Index Average on Notional
Amount (pays upon
termination) |
Total Return on S&P/ASX
200 Banks Index (pays
upon termination) |
11/30/26 |
(573,335
) |
|
JPMorgan Chase Bank,
N.A. |
AUD |
9,078 |
Australian Overnight
Index Average on Notional
Amount (pays upon
termination) |
Total Return on S&P/ASX
200 Banks Index (pays
upon termination) |
11/30/26 |
(763,420
) |
|
JPMorgan Chase Bank,
N.A. |
AUD |
6,930 |
Australian Overnight
Index Average on Notional
Amount (pays upon
termination) |
Total Return on S&P/ASX
200 Banks Index (pays
upon termination) |
11/30/26 |
(392,999
) |
|
Total Return Swaps (OTC) (continued) | ||||||
|
Counterparty |
Notional Amount
(000's omitted) |
Portfolio Receives |
Portfolio Pays |
Termination
Date |
Value/Unrealized
Appreciation
(Depreciation) | |
|
JPMorgan Chase Bank,
N.A. |
USD |
4,000 |
SOFR - 0.85% on
Notional Amount (pays
upon termination) |
Total Return on J.P.
Morgan EMBI Global
Diversified Index (pays
upon termination) |
8/14/26 |
$45,281 |
|
JPMorgan Chase Bank,
N.A. |
USD |
7,553 |
Total Return on EGP
445,950,000 Egypt
Treasury Bills, 0.00%,
3/16/27 (pays upon
termination) |
SOFR + 0.75% on
Notional Amount (pays
upon termination) |
3/16/27 |
(8,723
) |
|
Standard Chartered Bank |
USD |
19,961 |
Total Return on EGP
1,025,825,000 Egypt
Treasury Bills, 0.00%,
9/15/26 (pays upon
termination) |
SOFR + 0.75% on
Notional Amount (pays
upon termination) |
9/15/26 |
(419,884
) |
|
Standard Chartered Bank |
USD |
12,100 |
Total Return on EGP
701,350,000 Egypt
Treasury Bills, 0.00%,
3/16/27 (pays upon
termination) |
SOFR + 0.75% on
Notional Amount (pays
upon termination) |
10/14/26 |
(231,699
) |
|
|
|
|
|
|
|
$(2,341,196
) |
|
1
|
The Portfolio enters into fully funded total return swap agreements. Under these arrangements, the Portfolio does not make periodic payments to the
counterparty. |
|
Abbreviations: | |
|
BUBOR |
– Budapest Interbank Offered Rate |
|
CMT |
– Constant Maturity Treasury |
|
COF |
– Cost of Funds 11th District |
|
EURIBOR |
– Euro Interbank Offered Rate |
|
FTSE |
– Financial Times Stock Exchange |
|
GDR |
– Global Depositary Receipt |
|
JIBAR |
– Johannesburg Interbank Average Rate |
|
KLIBOR |
– Kuala Lumpur Interbank Offered Rate |
|
| |
|
LME |
– London Metal Exchange |
|
OTC |
– Over-the-counter |
|
PIK |
– Payment In Kind |
|
PRIBOR |
– Prague Interbank Offered Rate |
|
SOFR |
– Secured Overnight Financing Rate |
|
TAIBOR |
– Taipei Interbank Offered Rate |
|
TRLEF |
Turkish Lira Overnight Reference Rate |
|
WIBOR |
– Warsaw Interbank Offered Rate |
|
Currency Abbreviations: | |
|
AED |
– United Arab Emirates Dirham |
|
ALL |
– Albanian Lek |
|
AMD |
– Armenian Dram |
|
AUD |
– Australian Dollar |
|
BHD |
– Bahraini Dinar |
|
BRL |
– Brazilian Real |
|
CAD |
– Canadian Dollar |
|
CLP |
– Chilean Peso |
|
CNH |
– Yuan Renminbi Offshore |
|
CNY |
– Yuan Renminbi |
|
COP |
– Colombian Peso |
|
CZK |
– Czech Koruna |
|
EGP |
– Egyptian Pound |
|
| |
|
EUR |
– Euro |
|
GBP |
– British Pound Sterling |
|
GEL |
– Georgian Lari |
|
GHS |
– Ghanaian Cedi |
|
HKD |
– Hong Kong Dollar |
|
HUF |
– Hungarian Forint |
|
IDR |
– Indonesian Rupiah |
|
ILS |
– Israeli Shekel |
|
INR |
– Indian Rupee |
|
ISK |
– Icelandic Krona |
|
JPY |
– Japanese Yen |
|
KES |
– Kenyan Shilling |
|
KRW |
– South Korean Won |
|
| |
|
KWD |
– Kuwaiti Dinar |
|
KZT |
– Kazakhstani Tenge |
|
LKR |
– Sri Lankan Rupee |
|
MNT |
– Mongolia Tughrik |
|
MXN |
– Mexican Peso |
|
MYR |
– Malaysian Ringgit |
|
NGN |
– Nigerian Naira |
|
NZD |
– New Zealand Dollar |
|
OMR |
– Omani Rial |
|
PEN |
– Peruvian Sol |
|
PHP |
– Philippine Peso |
|
PLN |
– Polish Zloty |
|
RSD |
– Serbian Dinar |
|
RUB |
– Russian Ruble |
|
| |
|
SAR |
– Saudi Riyal |
|
SEK |
– Swedish Krona |
|
SGD |
– Singapore Dollar |
|
TRY |
– Turkish Lira |
|
TWD |
– New Taiwan Dollar |
|
TZS |
– Tanzanian Shilling |
|
UAH |
– Ukrainian Hryvnia |
|
UGX |
– Ugandan Shilling |
|
USD |
– United States Dollar |
|
UYU |
– Uruguayan Peso |
|
UZS |
– Uzbekistani Som |
|
VND |
– Viet Nam Dong |
|
ZAR |
– South African Rand |
|
ZMW |
– Zambian Kwacha |
|
Counterparty |
Trade
Date |
Maturity
Date |
Interest
Rate Paid
(Received) |
|
Principal
Amount |
Value
Including
Accrued
Interest |
|
Nomura International PLC |
7/30/26 |
On Demand(1) |
3.93
% |
$ |
14,316,760 |
$14,319,886 |
|
Total |
|
|
|
$ |
14,316,760 |
$14,319,886 |
|
(1)
|
Open reverse repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand. |
|
Description |
Date(s) of
Acquisition |
Shares |
Cost |
Value |
|
Insurance Linked Securities |
|
|
|
|
|
Mt. Logan Re Ltd., Series A-1 |
12/30/20 |
4,400 |
$4,400,000 |
$7,039,296 |
|
PartnerRe ILS Fund SAC Ltd. |
1/2/24 |
5,700,000 |
5,700,000 |
8,322,000 |
|
Total Restricted Securities |
|
|
$10,100,000 |
$15,361,296 |
|
Name |
Value,
beginning
of period |
Purchases |
Sales
proceeds |
Net
realized
gain (loss) |
Change in
unrealized
appreciation
(depreciation) |
Value, end
of period |
Dividend
income |
Shares,
end of period |
|
Short-Term Investments |
|
|
|
|
|
|
|
|
|
Liquidity Fund, Institutional Class(1)
|
$456,966,755 |
$2,138,069,231 |
$(2,508,561,511) |
$ — |
$ — |
$86,474,475 |
$13,474,027 |
86,474,475 |
|
(1)
|
Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio. |
|
Asset Description |
Level 1 |
Level 2 |
Level 3* |
Total |
|
Collateralized Mortgage Obligations |
$ — |
$25,297,389 |
$ — |
$25,297,389 |
|
Common Stocks |
12,235,590 |
235,688,815
** |
— |
247,924,405 |
|
Convertible Bonds |
— |
320,116 |
— |
320,116 |
|
Credit Linked Notes |
— |
1,544,522 |
— |
1,544,522 |
|
Foreign Corporate Bonds |
— |
235,781,519 |
0 |
235,781,519 |
|
Insurance Linked Securities |
— |
— |
53,295,782 |
53,295,782 |
|
Preferred Stocks |
1,143,358 |
— |
— |
1,143,358 |
|
Senior Floating-Rate Loans (Less Unfunded Loan Commitments) |
— |
32,017,808 |
— |
32,017,808 |
|
Sovereign Government Bonds |
— |
1,365,573,089 |
— |
1,365,573,089 |
|
Sovereign Loans |
— |
67,559,157 |
— |
67,559,157 |
|
U.S. Government Agency Mortgage-Backed Securities |
— |
2,560,781 |
— |
2,560,781 |
|
U.S. Government Guaranteed Small Business Administration Loans |
— |
2,239,646 |
— |
2,239,646 |
|
Short-Term Investments: |
|
|
|
|
|
Affiliated Fund |
86,474,475 |
— |
— |
86,474,475 |
|
Repurchase Agreements |
— |
292,272,396 |
— |
292,272,396 |
|
Sovereign Government Securities |
— |
528,031,432 |
— |
528,031,432 |
|
U.S. Treasury Obligations |
— |
1,186,639,145 |
— |
1,186,639,145 |
|
Purchased Currency Options |
— |
2,680,355 |
— |
2,680,355 |
|
Purchased Interest Rate Swaptions |
— |
3,578,193 |
— |
3,578,193 |
|
Purchased Call Options |
255,830 |
— |
— |
255,830 |
|
Purchased Put Options |
2,551,382 |
— |
— |
2,551,382 |
|
Total Investments |
$102,660,635 |
$3,981,784,363 |
$53,295,782 |
$4,137,740,780 |
|
Forward Foreign Currency Exchange Contracts |
$ — |
$40,441,174 |
$ — |
$40,441,174 |
|
Forward Volatility Agreements |
— |
83,324 |
— |
83,324 |
|
Futures Contracts |
1,792,792 |
— |
— |
1,792,792 |
|
Purchased Call Futures Style Options |
178,710 |
— |
— |
178,710 |
|
Swap Contracts |
— |
13,885,104 |
— |
13,885,104 |
|
Total |
$104,632,137 |
$4,036,193,965 |
$53,295,782 |
$4,194,121,884 |
|
Liability Description |
|
|
|
|
|
Securities Sold Short |
$(85,838,434
) |
$(208,543,567
) |
$ — |
$(294,382,001
) |
|
Written Currency Options |
— |
(1,623,930
) |
— |
(1,623,930
) |
|
Forward Foreign Currency Exchange Contracts |
— |
(51,053,786
) |
— |
(51,053,786
) |
|
Non-Deliverable Bond Forward Contracts |
— |
(61,691
) |
— |
(61,691
) |
|
Futures Contracts |
(3,119,101
) |
(1,105,746
) |
— |
(4,224,847
) |
|
Purchased Call Futures Style Options |
(1,513,090
) |
— |
— |
(1,513,090
) |
|
Liability Description (continued) |
Level 1 |
Level 2 |
Level 3 |
Total |
|
Swap Contracts |
$ — |
$(31,168,190
) |
$ — |
$(31,168,190
) |
|
Total |
$(90,470,625
) |
$(293,556,910
) |
$ — |
$(384,027,535
) |
|
* |
None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund. |
|
** |
Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that
occurred after the close of trading in their applicable foreign markets. |