|
|
Principal
Amount
|
Value
|
|
|
Non-U.S. Dollar Denominated Bonds & Notes–84.71%(a)
|
|||
|
Argentina–0.34%
|
|||
|
Argentina Treasury Bond,
29.50%, 05/27/2027(b)
|
ARS
|
480,000,000
|
$362,864
|
|
Chile–2.48%
|
|||
|
Bonos de la Tesoreria de la Republica
en pesos,
|
|
|
|
|
5.80%, 10/01/2029(c)
|
CLP
|
1,000,000,000
|
1,113,687
|
|
4.70%, 09/01/2030(c)
|
CLP
|
860,000,000
|
921,881
|
|
Bonos de la Tesoreria General
de la Republica de Chile,
5.00%, 03/01/2035
|
CLP
|
580,000,000
|
610,634
|
|
|
|
|
2,646,202
|
|
China–1.97%
|
|||
|
China Development Bank,
Series 2315, 2.69%,
09/11/2033
|
CNY
|
10,000,000
|
1,581,861
|
|
China Government Bond,
2.15%, 08/25/2055
|
CNY
|
3,500,000
|
513,130
|
|
|
|
|
2,094,991
|
|
Colombia–8.89%
|
|||
|
Colombian TES,
|
|
|
|
|
Series B, 12.50%,
02/27/2030
|
COP
|
4,750,000,000
|
1,501,339
|
|
Series B, 7.00%,
03/26/2031
|
COP
|
16,650,000,000
|
4,323,307
|
|
Series B, 13.25%,
02/09/2033
|
COP
|
5,000,000,000
|
1,654,903
|
|
Series B, 11.75%,
01/24/2035
|
COP
|
2,400,000,000
|
743,744
|
|
PA Autopista Rio Magdalena,
6.05%, 06/15/2036(c)
|
COP
|
4,434,041,776
|
1,254,313
|
|
|
|
|
9,477,606
|
|
Czech Republic–4.64%
|
|||
|
Czech Republic Government Bond,
|
|
|
|
|
Series 125, 1.50%,
04/24/2040
|
CZK
|
7,000,000
|
215,608
|
|
Series 138, 1.75%,
06/23/2032
|
CZK
|
51,000,000
|
2,082,067
|
|
Series 154, 4.50%,
11/11/2032
|
CZK
|
28,000,000
|
1,320,869
|
|
Series 156, 3.00%,
03/03/2033
|
CZK
|
16,000,000
|
688,145
|
|
Series 157, 3.60%,
06/03/2036
|
CZK
|
15,000,000
|
641,465
|
|
|
|
|
4,948,154
|
|
Egypt–0.64%
|
|||
|
Egypt Government Bond,
|
|
|
|
|
25.32%, 08/13/2027
|
EGP
|
28,400,000
|
554,628
|
|
24.46%, 10/01/2027
|
EGP
|
6,600,000
|
126,665
|
|
|
|
|
681,293
|
|
|
Principal
Amount
|
Value
|
|
|
Hungary–4.33%
|
|||
|
Hungary Government Bond,
|
|
|
|
|
Series 28, Class A, 6.75%,
10/22/2028
|
HUF
|
570,000,000
|
$1,854,026
|
|
Series 28, Class B, 4.50%,
03/23/2028
|
HUF
|
220,000,000
|
686,804
|
|
Series 35, Class A, 7.00%,
10/24/2035
|
HUF
|
450,000,000
|
1,567,512
|
|
Series 37, Class A, 6.25%,
09/23/2037
|
HUF
|
150,000,000
|
501,143
|
|
|
|
|
4,609,485
|
|
India–3.89%
|
|||
|
India Government Bond,
|
|
|
|
|
6.28%, 07/14/2032
|
INR
|
110,000,000
|
1,138,467
|
|
6.48%, 10/06/2035
|
INR
|
80,000,000
|
817,295
|
|
7.36%, 09/12/2052
|
INR
|
113,000,000
|
1,171,917
|
|
7.30%, 06/19/2053
|
INR
|
99,000,000
|
1,019,423
|
|
|
|
|
4,147,102
|
|
Indonesia–8.33%
|
|||
|
Indonesia Treasury Bond,
|
|
|
|
|
Series 104, 6.50%,
07/15/2030
|
IDR
|
29,400,000,000
|
1,590,580
|
|
Series 108, 6.50%,
04/15/2036
|
IDR
|
16,000,000,000
|
840,132
|
|
Series FR82, 7.00%,
09/15/2030
|
IDR
|
15,000,000,000
|
826,831
|
|
Series FR87, 6.50%,
02/15/2031
|
IDR
|
3,800,000,000
|
204,631
|
|
Series FR91, 6.38%,
04/15/2032
|
IDR
|
30,000,000,000
|
1,585,871
|
|
Series FR95, 6.38%,
08/15/2028
|
IDR
|
30,000,000,000
|
1,647,216
|
|
Series FR96, 7.00%,
02/15/2033
|
IDR
|
40,000,000,000
|
2,177,699
|
|
|
|
|
8,872,960
|
|
Malaysia–9.60%
|
|||
|
Malaysia Government Bond,
|
|
|
|
|
Series 122, 3.58%,
07/15/2032
|
MYR
|
7,170,000
|
1,751,334
|
|
Series 123, 4.46%,
03/31/2053
|
MYR
|
3,300,000
|
855,288
|
|
Series 219, 3.89%,
08/15/2029
|
MYR
|
15,000,000
|
3,726,415
|
|
Series 310, 4.50%,
04/15/2030
|
MYR
|
6,000,000
|
1,523,395
|
|
Series 322, 4.50%,
04/30/2029
|
MYR
|
3,000,000
|
756,962
|
|
Series 513, 3.73%,
06/15/2028
|
MYR
|
4,303,000
|
1,061,889
|
|
Series 519, 3.76%,
05/22/2040
|
MYR
|
2,300,000
|
551,334
|
|
|
|
|
10,226,617
|
|
|
Principal
Amount
|
Value
|
|
|
Mexico–10.81%
|
|||
|
Mexican Bonos,
|
|
|
|
|
Series M, 8.00%,
04/15/2032
|
MXN
|
93,000,000
|
$5,176,204
|
|
Series M, 7.75%,
11/23/2034
|
MXN
|
30,000,000
|
1,601,347
|
|
Series M, 10.00%,
11/20/2036
|
MXN
|
47,000,000
|
2,863,407
|
|
Series M, 7.75%,
11/13/2042
|
MXN
|
26,000,000
|
1,267,450
|
|
Series M, 8.00%,
04/29/2055
|
MXN
|
12,000,000
|
580,762
|
|
Red de Carreteras de
Occidente S.A.B. de C.V.,
9.00%, 06/10/2028(c)
|
MXN
|
460,000
|
26,903
|
|
|
|
|
11,516,073
|
|
Peru–2.69%
|
|||
|
Peru Government Bond,
|
|
|
|
|
6.85%, 08/12/2035(c)
|
PEN
|
5,200,000
|
1,608,241
|
|
7.60%, 08/12/2039(c)
|
PEN
|
2,280,000
|
719,759
|
|
5.35%, 08/12/2040
|
PEN
|
2,100,000
|
538,747
|
|
|
|
|
2,866,747
|
|
Philippines–2.06%
|
|||
|
Philippine Government Bond,
|
|
|
|
|
Series 0770, 6.38%,
07/27/2030
|
PHP
|
30,000,000
|
477,474
|
|
Series R518, 6.25%,
02/28/2029
|
PHP
|
60,000,000
|
967,035
|
|
Series R519, 6.00%,
08/20/2030
|
PHP
|
48,000,000
|
751,697
|
|
|
|
|
2,196,206
|
|
Poland–4.45%
|
|||
|
Republic of Poland Government Bond,
|
|
|
|
|
Series 0729, 4.75%,
07/25/2029
|
PLN
|
5,000,000
|
1,344,340
|
|
Series 1030, 1.25%,
10/25/2030
|
PLN
|
8,000,000
|
1,844,888
|
|
Series 1035, 5.00%,
10/25/2035
|
PLN
|
6,100,000
|
1,556,044
|
|
|
|
|
4,745,272
|
|
Romania–3.98%
|
|||
|
Romania Government Bond,
|
|
|
|
|
8.00%, 04/29/2030
|
RON
|
9,750,000
|
2,234,972
|
|
7.65%, 07/27/2031
|
RON
|
1,600,000
|
365,334
|
|
7.90%, 02/24/2038
|
RON
|
3,100,000
|
728,696
|
|
Romanian Government
International Bond, 6.50%,
10/07/2045(c)
|
EUR
|
800,000
|
912,380
|
|
|
|
|
4,241,382
|
|
|
Principal
Amount
|
Value
|
|
|
South Africa–8.89%
|
|||
|
Republic of South Africa Government
Bond,
|
|
|
|
|
Series 2035, 8.88%,
02/28/2035
|
ZAR
|
29,000,000
|
$1,785,910
|
|
Series 2040, 9.00%,
01/31/2040
|
ZAR
|
30,000,000
|
1,787,167
|
|
Series 2044, 8.75%,
01/31/2044
|
ZAR
|
43,000,000
|
2,479,982
|
|
Series 2048, 8.75%,
02/28/2048
|
ZAR
|
40,000,000
|
2,299,035
|
|
Series 2053, 11.63%,
03/31/2053
|
ZAR
|
15,000,000
|
1,121,944
|
|
|
|
|
9,474,038
|
|
Supranational–3.41%
|
|||
|
Asian Infrastructure
Investment Bank (The),
7.00%, 03/01/2029(c)
|
INR
|
39,500,000
|
409,800
|
|
Corp. Andina de Fomento,
7.70%, 03/06/2029
|
INR
|
106,500,000
|
1,111,619
|
|
European Bank for
Reconstruction &
Development, 0.00%,
05/17/2034(d)
|
TRY
|
47,000,000
|
110,304
|
|
International Bank for Reconstruction
& Development,
|
|
|
|
|
16.50%, 12/08/2027
|
KZT
|
120,000,000
|
255,446
|
|
6.85%, 04/24/2028
|
INR
|
45,000,000
|
464,786
|
|
16.05%, 10/02/2028
|
KZT
|
120,000,000
|
260,953
|
|
2.25%, 01/19/2029
|
CNY
|
3,000,000
|
452,663
|
|
6.50%, 04/17/2030
|
INR
|
50,000,000
|
504,240
|
|
International Finance Corp.,
0.00%, 02/15/2029(c)(d)
|
TRY
|
7,300,000
|
63,491
|
|
|
|
|
3,633,302
|
|
Thailand–2.78%
|
|||
|
Thailand Government Bond,
|
|
|
|
|
2.41%, 03/17/2035
|
THB
|
30,000,000
|
924,739
|
|
3.45%, 06/17/2043
|
THB
|
63,600,000
|
2,034,694
|
|
|
|
|
2,959,433
|
|
Turkey–0.53%
|
|||
|
Turkiye Government Bond,
31.08%, 11/08/2028
|
TRY
|
29,500,000
|
560,302
|
|
Total Non-U.S. Dollar Denominated Bonds & Notes
(Cost $90,990,388)
|
90,260,029
|
||
|
|
|
|
|
|
U.S. Dollar Denominated Bonds & Notes–0.11%
|
|||
|
United States–0.11%
|
|||
|
U.S. International
Development Finance
Corp., Series 4, 3.13%,
04/15/2028
(Cost $120,000)
|
|
$120,000
|
118,437
|
|
|
Shares |
|
|
|
Money Market Funds–13.29%
|
|||
|
Invesco Government & Agency
Portfolio, Institutional Class,
3.64%(e)(f)
|
4,956,711
|
4,956,711
|
|
|
Invesco Treasury Portfolio,
Institutional Class, 3.63%(e)(f)
|
9,205,260
|
9,205,260
|
|
|
Total Money Market Funds (Cost $14,161,971)
|
14,161,971
|
||
|
|
Shares
|
Value
|
|
|
|
|||
|
Options Purchased–0.12%
|
|||
|
(Cost $552,205)(g)
|
$125,982
|
||
|
TOTAL INVESTMENTS IN SECURITIES—98.23%
(Cost $105,824,564)
|
104,666,419
|
||
|
OTHER ASSETS LESS LIABILITIES–1.77%
|
1,880,668
|
||
|
NET ASSETS–100.00%
|
$106,547,087
|
||
|
ARS
|
– Argentina Peso
|
|
CLP
|
– Chile Peso
|
|
CNY
|
– Chinese Yuan Renminbi
|
|
COP
|
– Colombia Peso
|
|
CZK
|
– Czech Koruna
|
|
EGP
|
– Egypt Pound
|
|
EUR
|
– Euro
|
|
HUF
|
– Hungarian Forint
|
|
IDR
|
– Indonesian Rupiah
|
|
INR
|
– Indian Rupee
|
|
KZT
|
– Kazakhstan Tenge
|
|
MXN
|
– Mexican Peso
|
|
MYR
|
– Malaysian Ringgit
|
|
PEN
|
– Peruvian Sol
|
|
PHP
|
– Philippines Peso
|
|
PLN
|
– Polish Zloty
|
|
RON
|
– Romania New Leu
|
|
THB
|
– Thai Baht
|
|
TRY
|
– Turkish Lira
|
|
ZAR
|
– South African Rand
|
|
(a)
|
Foreign denominated security. Principal amount is denominated in the currency indicated.
|
|
(b)
|
Security has an irrevocable call by the issuer or mandatory put by the holder. Maturity
date reflects such call or put.
|
|
(c)
|
Security purchased or received in a transaction exempt from registration under the Securities Act of 1933, as amended (the “1933 Act”). The security may be
resold pursuant to an exemption from registration under the 1933 Act, typically to
qualified institutional buyers. The aggregate value of these securities at
July 31, 2026 was $7,030,455, which represented 6.60% of the Fund’s Net Assets.
|
|
(d)
|
Zero coupon bond issued at a discount.
|
|
(e)
|
Affiliated holding. Affiliated holdings are investments in entities which are under
common ownership or control of Invesco Ltd. or are investments in entities in
which the Fund owns 5% or more of the outstanding voting securities. The table below shows the Fund’s transactions in, and earnings from, its investments in
affiliates for the nine months ended July 31, 2026.
|
|
|
Value
October 31, 2025
|
Purchases
at Cost
|
Proceeds
from Sales
|
Change in
Unrealized
Appreciation
|
Realized
Gain
|
Value
July 31, 2026
|
Dividend Income
|
|
Investments in Affiliated Money Market Funds:
|
|
|
|
|
|
|
|
|
Invesco Government & Agency Portfolio, Institutional Class
|
$3,622,317
|
$20,985,167
|
$(19,650,773)
|
$-
|
$-
|
$4,956,711
|
$76,721
|
|
Invesco Treasury Portfolio, Institutional Class
|
6,727,099
|
38,972,454
|
(36,494,293)
|
-
|
-
|
9,205,260
|
141,443
|
|
Total
|
$10,349,416
|
$59,957,621
|
$(56,145,066)
|
$-
|
$-
|
$14,161,971
|
$218,164
|
|
(f)
|
The rate shown is the 7-day SEC standardized yield as of July 31, 2026.
|
|
(g)
|
The table below details options purchased.
|
|
Open Over-The-Counter Foreign Currency Options Purchased
|
||||||||
|
Description
|
Type of
Contract
|
Counterparty
|
Expiration
Date
|
Exercise
Price
|
Notional
Value
|
Value
|
||
|
Currency Risk
|
||||||||
|
USD versus JPY
|
Call
|
Deutsche Bank AG
|
08/24/2026
|
JPY
|
164.45
|
USD
|
4,400,000
|
$1,654
|
|
USD versus MXN
|
Call
|
Deutsche Bank AG
|
09/25/2026
|
MXN
|
18.05
|
USD
|
2,200,000
|
8,609
|
|
Subtotal — Foreign Currency Call Options Purchased
|
10,263
|
|||||||
|
Open Over-The-Counter Foreign Currency Options Purchased—(continued)
|
||||||||
|
Description
|
Type of
Contract
|
Counterparty
|
Expiration
Date
|
Exercise
Price
|
Notional
Value
|
Value
|
||
|
Currency Risk
|
||||||||
|
EUR versus HUF
|
Put
|
Deutsche Bank AG
|
08/13/2026
|
HUF
|
351.00
|
EUR
|
45,000
|
$191
|
|
EUR versus HUF
|
Put
|
Deutsche Bank AG
|
09/09/2026
|
HUF
|
340.00
|
EUR
|
110,000
|
177
|
|
EUR versus HUF
|
Put
|
Deutsche Bank AG
|
10/14/2026
|
HUF
|
345.00
|
EUR
|
90,000
|
2,413
|
|
EUR versus HUF
|
Put
|
Deutsche Bank AG
|
10/14/2026
|
HUF
|
340.00
|
EUR
|
90,000
|
746
|
|
EUR versus HUF
|
Put
|
Deutsche Bank AG
|
11/05/2026
|
HUF
|
338.00
|
EUR
|
100,000
|
946
|
|
EUR versus HUF
|
Put
|
Deutsche Bank AG
|
02/04/2027
|
HUF
|
334.00
|
EUR
|
100,000
|
1,938
|
|
EUR versus USD
|
Put
|
HSBC Bank USA
|
12/03/2026
|
USD
|
1.12
|
EUR
|
170,000
|
25,084
|
|
EUR versus USD
|
Put
|
J.P. Morgan Chase Bank, N.A.
|
10/28/2026
|
USD
|
1.11
|
EUR
|
180,000
|
10,736
|
|
EUR versus ZAR
|
Put
|
Merrill Lynch International
|
12/17/2026
|
ZAR
|
18.40
|
EUR
|
4,400,000
|
19,991
|
|
EUR versus ZAR
|
Put
|
Morgan Stanley and Co.
International PLC
|
10/15/2026
|
ZAR
|
18.00
|
EUR
|
220,000
|
7,306
|
|
USD versus CLP
|
Put
|
Morgan Stanley and Co.
International PLC
|
09/15/2026
|
CLP
|
858.00
|
USD
|
4,400,000
|
1,826
|
|
USD versus CNH
|
Put
|
Deutsche Bank AG
|
10/28/2026
|
CNH
|
6.50
|
USD
|
105,000
|
3,170
|
|
USD versus CNH
|
Put
|
Deutsche Bank AG
|
11/18/2026
|
CNH
|
6.50
|
USD
|
90,000
|
1,739
|
|
USD versus CNH
|
Put
|
Deutsche Bank AG
|
01/27/2027
|
CNH
|
6.35
|
USD
|
105,000
|
3,533
|
|
USD versus CNH
|
Put
|
Deutsche Bank AG
|
01/27/2027
|
CNH
|
6.40
|
USD
|
105,000
|
5,346
|
|
USD versus CNH
|
Put
|
Deutsche Bank AG
|
02/18/2027
|
CNH
|
6.40
|
USD
|
90,000
|
3,444
|
|
USD versus CNH
|
Put
|
Deutsche Bank AG
|
04/27/2027
|
CNH
|
6.35
|
USD
|
105,000
|
8,786
|
|
USD versus CNH
|
Put
|
Deutsche Bank AG
|
05/18/2027
|
CNH
|
6.32
|
USD
|
90,000
|
4,821
|
|
USD versus CZK
|
Put
|
Merrill Lynch International
|
08/20/2026
|
CZK
|
19.50
|
USD
|
100,000
|
16
|
|
USD versus CZK
|
Put
|
Merrill Lynch International
|
10/20/2026
|
CZK
|
19.30
|
USD
|
100,000
|
444
|
|
USD versus HUF
|
Put
|
Merrill Lynch International
|
12/01/2026
|
HUF
|
285.00
|
USD
|
200,000
|
4,705
|
|
USD versus ILS
|
Put
|
J.P. Morgan Chase Bank, N.A.
|
09/29/2026
|
ILS
|
2.75
|
USD
|
3,900,000
|
558
|
|
USD versus INR
|
Put
|
Merrill Lynch International
|
08/21/2026
|
INR
|
91.00
|
USD
|
4,000,000
|
24
|
|
USD versus ZAR
|
Put
|
Standard Chartered Bank PLC
|
08/28/2026
|
ZAR
|
16.10
|
USD
|
4,400,000
|
7,779
|
|
Subtotal — Foreign Currency Put Options Purchased
|
115,719
|
|||||||
|
Total Foreign Currency Options Purchased
|
$125,982
|
|||||||
|
Open Over-The-Counter Foreign Currency Options Written
|
||||||||||
|
Description
|
Type of
Contract
|
Counterparty
|
Expiration
Date
|
Exercise
Price
|
|
Notional
Value
|
|
Value
|
||
|
Currency Risk
|
||||||||||
|
EUR versus BRL
|
Call
|
Merrill Lynch International
|
09/03/2026
|
BRL
|
6.22
|
|
EUR
|
3,300,000
|
|
$(6,465
)
|
|
EUR versus BRL
|
Call
|
Morgan Stanley and Co. International
PLC
|
10/27/2026
|
BRL
|
6.08
|
|
EUR
|
4,500,000
|
|
(108,386
)
|
|
EUR versus HUF
|
Call
|
Deutsche Bank AG
|
09/09/2026
|
HUF
|
370.00
|
|
EUR
|
1,650,000
|
|
(13,431
)
|
|
EUR versus HUF
|
Call
|
Deutsche Bank AG
|
01/15/2027
|
HUF
|
385.00
|
|
EUR
|
3,600,000
|
|
(39,376
)
|
|
EUR versus HUF
|
Call
|
Deutsche Bank AG
|
06/08/2028
|
HUF
|
372.00
|
|
EUR
|
2,400,000
|
|
(146,415
)
|
|
USD versus CLP
|
Call
|
Deutsche Bank AG
|
10/16/2026
|
CLP
|
930.00
|
|
USD
|
1,000,000
|
|
(21,529
)
|
|
USD versus COP
|
Call
|
Merrill Lynch International
|
08/20/2026
|
COP
|
4,100.00
|
|
USD
|
3,900,000
|
|
(31
)
|
|
USD versus HUF
|
Call
|
Merrill Lynch International
|
12/01/2026
|
HUF
|
320.00
|
|
USD
|
2,000,000
|
|
(44,352
)
|
|
USD versus INR
|
Call
|
Merrill Lynch International
|
08/21/2026
|
INR
|
94.00
|
|
USD
|
2,000,000
|
|
(35,038
)
|
|
Subtotal — Foreign Currency Call Options Written
|
|
|
|
|
|
|
(415,023
)
|
|||
|
Open Over-The-Counter Foreign Currency Options Written—(continued)
|
||||||||||
|
Description
|
Type of
Contract
|
Counterparty
|
Expiration
Date
|
Exercise
Price
|
|
Notional
Value
|
|
Value
|
||
|
Currency Risk
|
||||||||||
|
EUR versus ZAR
|
Put
|
Merrill Lynch International
|
12/17/2026
|
ZAR
|
17.90
|
|
EUR
|
6,600,000
|
|
$(8,920
)
|
|
USD versus CLP
|
Put
|
Morgan Stanley and Co. International
PLC
|
09/15/2026
|
CLP
|
834.00
|
|
USD
|
6,600,000
|
|
(634
)
|
|
USD versus ILS
|
Put
|
J.P. Morgan Chase Bank, N.A.
|
09/29/2026
|
ILS
|
2.66
|
|
USD
|
5,850,000
|
|
(193
)
|
|
USD versus INR
|
Put
|
Merrill Lynch International
|
08/21/2026
|
INR
|
89.00
|
|
USD
|
6,000,000
|
|
(6
)
|
|
USD versus ZAR
|
Put
|
Standard Chartered Bank PLC
|
08/28/2026
|
ZAR
|
15.65
|
|
USD
|
6,600,000
|
|
(713
)
|
|
Subtotal — Foreign Currency Put Options Written
|
|
|
|
|
|
|
(10,466
)
|
|||
|
Total Foreign Currency Options Written
|
|
|
|
|
|
|
$(425,489
)
|
|||
|
Open Forward Foreign Currency Contracts
|
||||||
|
Settlement
Date
|
Counterparty
|
Contract to
|
Unrealized
Appreciation
(Depreciation)
|
|||
|
Deliver
|
Receive
|
|||||
|
Currency Risk
|
|
|
|
|
|
|
|
09/16/2026
|
BNP Paribas S.A.
|
CNY
|
661,000
|
USD
|
97,904
|
$170
|
|
08/04/2026
|
Deutsche Bank AG
|
USD
|
184,735
|
BRL
|
942,000
|
1,095
|
|
08/13/2026
|
Deutsche Bank AG
|
USD
|
160,000
|
ZAR
|
2,683,840
|
2,340
|
|
09/16/2026
|
Deutsche Bank AG
|
HUF
|
333,017,400
|
USD
|
1,075,985
|
25,450
|
|
09/16/2026
|
Deutsche Bank AG
|
JPY
|
172,720,000
|
USD
|
1,092,802
|
3,572
|
|
09/16/2026
|
Deutsche Bank AG
|
PLN
|
6,529,765
|
USD
|
1,795,606
|
47,754
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
271,165
|
COP
|
948,316,000
|
26,445
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
41,965
|
CZK
|
892,500
|
545
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
100,118
|
INR
|
9,654,000
|
684
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
269,141
|
JPY
|
43,538,000
|
5,424
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
196,802
|
RON
|
901,000
|
689
|
|
09/17/2026
|
Deutsche Bank AG
|
USD
|
1,511,838
|
MXN
|
26,639,272
|
20,599
|
|
08/04/2026
|
Goldman Sachs International
|
USD
|
391,153
|
BRL
|
1,986,000
|
629
|
|
09/17/2026
|
Goldman Sachs International
|
USD
|
184,019
|
MXN
|
3,232,000
|
1,904
|
|
08/04/2026
|
HSBC Bank USA
|
USD
|
109,818
|
BRL
|
557,000
|
63
|
|
09/16/2026
|
HSBC Bank USA
|
EUR
|
208,000
|
USD
|
241,593
|
1,330
|
|
09/16/2026
|
HSBC Bank USA
|
THB
|
2,322,000
|
USD
|
70,757
|
984
|
|
09/16/2026
|
HSBC Bank USA
|
USD
|
582,909
|
COP
|
2,078,959,000
|
69,532
|
|
09/16/2026
|
HSBC Bank USA
|
USD
|
433,182
|
CZK
|
9,180,000
|
4,067
|
|
09/16/2026
|
HSBC Bank USA
|
USD
|
3,968,079
|
PLN
|
15,086,000
|
70,059
|
|
09/16/2026
|
HSBC Bank USA
|
USD
|
26,535
|
RON
|
122,400
|
294
|
|
09/16/2026
|
HSBC Bank USA
|
USD
|
227,534
|
TRY
|
11,430,000
|
4,430
|
|
09/17/2026
|
HSBC Bank USA
|
MXN
|
14,215,000
|
USD
|
819,200
|
1,475
|
|
12/17/2026
|
HSBC Bank USA
|
USD
|
16,772
|
ZAR
|
283,000
|
176
|
|
08/04/2026
|
J.P. Morgan Chase Bank, N.A.
|
USD
|
19,881,205
|
BRL
|
102,469,844
|
333,198
|
|
09/02/2026
|
J.P. Morgan Chase Bank, N.A.
|
USD
|
9,600,594
|
BRL
|
49,470,422
|
85,253
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
CNY
|
3,080,000
|
USD
|
457,284
|
1,881
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
COP
|
2,365,060,000
|
USD
|
748,212
|
5,983
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
EUR
|
3,336,062
|
USD
|
3,898,140
|
44,615
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
USD
|
871,693
|
COP
|
3,121,883,000
|
108,050
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
USD
|
1,026,863
|
TRY
|
52,465,000
|
37,876
|
|
08/13/2026
|
Merrill Lynch International
|
USD
|
40,055
|
ZAR
|
667,000
|
291
|
|
08/24/2026
|
Merrill Lynch International
|
CZK
|
6,591,040
|
USD
|
320,000
|
6,136
|
|
08/25/2026
|
Merrill Lynch International
|
INR
|
92,070,000
|
USD
|
1,000,000
|
36,589
|
|
09/16/2026
|
Merrill Lynch International
|
CLP
|
1,925,099,178
|
USD
|
2,168,002
|
96,785
|
|
09/16/2026
|
Merrill Lynch International
|
CZK
|
9,433,410
|
USD
|
453,878
|
4,559
|
|
09/16/2026
|
Merrill Lynch International
|
EUR
|
1,853,000
|
USD
|
2,161,840
|
21,418
|
|
Open Forward Foreign Currency Contracts—(continued)
|
||||||
|
Settlement
Date
|
Counterparty
|
Contract to
|
Unrealized
Appreciation
(Depreciation)
|
|||
|
Deliver
|
Receive
|
|||||
|
09/16/2026
|
Merrill Lynch International
|
IDR
|
44,732,613,118
|
USD
|
2,493,874
|
$22,791
|
|
09/16/2026
|
Merrill Lynch International
|
ILS
|
1,612,000
|
USD
|
551,601
|
23,465
|
|
09/16/2026
|
Merrill Lynch International
|
INR
|
4,342,000
|
USD
|
45,608
|
271
|
|
09/16/2026
|
Merrill Lynch International
|
PLN
|
3,340,000
|
USD
|
909,900
|
15,867
|
|
09/16/2026
|
Merrill Lynch International
|
RON
|
10,504,529
|
USD
|
2,315,048
|
12,549
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
522,148
|
COP
|
1,825,953,000
|
50,892
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
16,257
|
IDR
|
295,353,000
|
59
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
1,603,591
|
INR
|
154,706,451
|
11,773
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
1,063,971
|
KRW
|
1,612,129,308
|
53,675
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
94,514
|
PLN
|
357,500
|
1,179
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
561,771
|
RON
|
2,590,334
|
6,007
|
|
10/22/2026
|
Merrill Lynch International
|
CZK
|
17,316,500
|
USD
|
831,747
|
6,656
|
|
12/03/2026
|
Merrill Lynch International
|
HUF
|
418,111,000
|
USD
|
1,355,258
|
39,318
|
|
12/17/2026
|
Merrill Lynch International
|
ZAR
|
16,668,000
|
USD
|
1,013,692
|
15,455
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
CAD
|
1,489,000
|
USD
|
1,080,524
|
16,376
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
HUF
|
568,054,238
|
USD
|
1,848,868
|
56,886
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
USD
|
604,617
|
EGP
|
32,740,000
|
23,829
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
USD
|
43,126
|
INR
|
4,185,000
|
572
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
USD
|
651,746
|
ZAR
|
10,825,000
|
1,276
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
ZAR
|
48,767,651
|
USD
|
2,972,771
|
30,847
|
|
10/19/2026
|
Morgan Stanley and Co. International PLC
|
ZAR
|
18,454,000
|
USD
|
1,123,077
|
12,695
|
|
09/01/2026
|
Standard Chartered Bank PLC
|
ZAR
|
9,760,014
|
USD
|
594,000
|
4,531
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
JPY
|
35,400,038
|
USD
|
224,068
|
824
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
THB
|
5,217,634
|
USD
|
161,277
|
4,495
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
1,129,622
|
EUR
|
990,000
|
13,939
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
1,198,417
|
HUF
|
380,628,000
|
2,310
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
1,145,124
|
PEN
|
3,928,000
|
8,785
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
741,743
|
TRY
|
37,535,000
|
20,002
|
|
09/17/2026
|
Standard Chartered Bank PLC
|
MYR
|
3,274,000
|
USD
|
808,519
|
6,312
|
|
09/17/2026
|
Standard Chartered Bank PLC
|
USD
|
2,676,696
|
MXN
|
47,057,000
|
30,280
|
|
09/17/2026
|
Standard Chartered Bank PLC
|
USD
|
62,564
|
MYR
|
256,000
|
162
|
|
Subtotal—Appreciation
|
1,566,422
|
|||||
|
Currency Risk
|
|
|
|
|
|
|
|
08/04/2026
|
Deutsche Bank AG
|
BRL
|
942,000
|
USD
|
185,532
|
(298
)
|
|
08/13/2026
|
Deutsche Bank AG
|
USD
|
220,000
|
ZAR
|
3,544,046
|
(5,628
)
|
|
09/16/2026
|
Deutsche Bank AG
|
KRW
|
801,297,000
|
USD
|
528,993
|
(26,525
)
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
217,694
|
CLP
|
193,521,000
|
(9,484
)
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
1,075,988
|
EUR
|
928,000
|
(4,045
)
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
40,411
|
IDR
|
727,026,000
|
(249
)
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
52,672
|
ILS
|
156,000
|
(1,562
)
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
1,097,257
|
INR
|
104,404,000
|
(7,125
)
|
|
09/16/2026
|
Deutsche Bank AG
|
USD
|
110,362
|
THB
|
3,571,000
|
(3,058
)
|
|
09/16/2026
|
Deutsche Bank AG
|
ZAR
|
793,000
|
USD
|
47,821
|
(17
)
|
|
09/17/2026
|
Deutsche Bank AG
|
MXN
|
22,665,000
|
USD
|
1,289,582
|
(14,233
)
|
|
10/22/2026
|
Deutsche Bank AG
|
USD
|
269,248
|
CZK
|
5,601,000
|
(2,373
)
|
|
12/03/2026
|
Deutsche Bank AG
|
USD
|
57,476
|
HUF
|
17,979,000
|
(889
)
|
|
12/17/2026
|
Deutsche Bank AG
|
USD
|
381,362
|
ZAR
|
6,356,000
|
(705
)
|
|
12/17/2026
|
Deutsche Bank AG
|
ZAR
|
9,109,000
|
USD
|
536,104
|
(9,429
)
|
|
08/04/2026
|
Goldman Sachs International
|
BRL
|
1,986,000
|
USD
|
383,403
|
(8,379
)
|
|
09/16/2026
|
Goldman Sachs International
|
INR
|
78,530,000
|
USD
|
817,561
|
(2,409
)
|
|
Open Forward Foreign Currency Contracts—(continued)
|
||||||
|
Settlement
Date
|
Counterparty
|
Contract to
|
Unrealized
Appreciation
(Depreciation)
|
|||
|
Deliver
|
Receive
|
|||||
|
09/16/2026
|
Goldman Sachs International
|
JPY
|
43,593,000
|
USD
|
271,836
|
$(3,076
)
|
|
09/16/2026
|
Goldman Sachs International
|
USD
|
303,881
|
ILS
|
868,241
|
(19,422
)
|
|
09/16/2026
|
Goldman Sachs International
|
USD
|
1,086,499
|
INR
|
103,576,000
|
(5,013
)
|
|
09/16/2026
|
Goldman Sachs International
|
USD
|
224,540
|
ZAR
|
3,710,250
|
(718
)
|
|
09/17/2026
|
Goldman Sachs International
|
MXN
|
721,000
|
USD
|
40,974
|
(501
)
|
|
12/17/2026
|
Goldman Sachs International
|
USD
|
256,850
|
ZAR
|
4,239,000
|
(2,979
)
|
|
08/04/2026
|
HSBC Bank USA
|
BRL
|
557,000
|
USD
|
109,704
|
(176
)
|
|
09/16/2026
|
HSBC Bank USA
|
THB
|
3,763,000
|
USD
|
112,515
|
(558
)
|
|
09/16/2026
|
HSBC Bank USA
|
USD
|
1,122,060
|
CLP
|
1,004,662,000
|
(41,142
)
|
|
09/16/2026
|
HSBC Bank USA
|
USD
|
600,191
|
ZAR
|
9,945,000
|
(255
)
|
|
09/17/2026
|
HSBC Bank USA
|
MXN
|
9,346,000
|
USD
|
533,582
|
(4,052
)
|
|
12/03/2026
|
HSBC Bank USA
|
USD
|
109,773
|
HUF
|
34,865,000
|
(40
)
|
|
12/07/2026
|
HSBC Bank USA
|
USD
|
831,648
|
EUR
|
711,875
|
(6,661
)
|
|
12/17/2026
|
HSBC Bank USA
|
USD
|
18,629
|
ZAR
|
311,000
|
(3
)
|
|
08/04/2026
|
J.P. Morgan Chase Bank, N.A.
|
BRL
|
102,469,845
|
USD
|
20,100,664
|
(113,740
)
|
|
08/13/2026
|
J.P. Morgan Chase Bank, N.A.
|
ZAR
|
16,900,000
|
USD
|
984,872
|
(37,374
)
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
COP
|
1,248,300,000
|
USD
|
358,707
|
(33,048
)
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
JPY
|
106,625,962
|
USD
|
666,286
|
(6,133
)
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
USD
|
727,553
|
ILS
|
2,218,000
|
(874
)
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
USD
|
3,111,163
|
THB
|
101,413,021
|
(63,848
)
|
|
09/16/2026
|
J.P. Morgan Chase Bank, N.A.
|
USD
|
209,013
|
TRY
|
10,293,000
|
(124
)
|
|
12/03/2026
|
J.P. Morgan Chase Bank, N.A.
|
USD
|
41,130
|
HUF
|
12,867,000
|
(633
)
|
|
08/13/2026
|
Merrill Lynch International
|
USD
|
402,898
|
ZAR
|
6,635,000
|
(1,561
)
|
|
09/01/2026
|
Merrill Lynch International
|
USD
|
236,059
|
ZAR
|
3,872,000
|
(2,204
)
|
|
09/16/2026
|
Merrill Lynch International
|
CLP
|
288,575,000
|
USD
|
304,629
|
(5,849
)
|
|
09/16/2026
|
Merrill Lynch International
|
COP
|
11,247,671,469
|
USD
|
3,073,302
|
(456,563
)
|
|
09/16/2026
|
Merrill Lynch International
|
IDR
|
1,244,165,000
|
USD
|
67,979
|
(750
)
|
|
09/16/2026
|
Merrill Lynch International
|
INR
|
32,352,000
|
USD
|
337,696
|
(107
)
|
|
09/16/2026
|
Merrill Lynch International
|
KRW
|
810,920,000
|
USD
|
529,079
|
(33,110
)
|
|
09/16/2026
|
Merrill Lynch International
|
PEN
|
3,870,609
|
USD
|
1,128,951
|
(8,099
)
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
543,179
|
CLP
|
483,810,000
|
(22,648
)
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
5,436,181
|
CNY
|
36,548,820
|
(32,133
)
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
37,222
|
IDR
|
672,918,000
|
(49
)
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
45,368
|
INR
|
4,325,000
|
(209
)
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
2,074,518
|
PLN
|
7,615,000
|
(36,176
)
|
|
09/16/2026
|
Merrill Lynch International
|
USD
|
197,713
|
RON
|
901,000
|
(222
)
|
|
09/17/2026
|
Merrill Lynch International
|
MXN
|
1,364,000
|
USD
|
76,714
|
(1,751
)
|
|
12/03/2026
|
Merrill Lynch International
|
USD
|
125,791
|
HUF
|
38,930,000
|
(3,265
)
|
|
12/17/2026
|
Merrill Lynch International
|
USD
|
410,999
|
EUR
|
352,000
|
(2,903
)
|
|
12/17/2026
|
Merrill Lynch International
|
USD
|
34,418
|
ZAR
|
573,000
|
(101
)
|
|
08/13/2026
|
Morgan Stanley and Co. International PLC
|
USD
|
164,297
|
ZAR
|
2,713,000
|
(193
)
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
PLN
|
264,000
|
USD
|
70,172
|
(494
)
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
USD
|
25,826
|
CZK
|
540,000
|
(105
)
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
USD
|
653,672
|
ZAR
|
10,795,000
|
(2,460
)
|
|
09/16/2026
|
Morgan Stanley and Co. International PLC
|
ZAR
|
15,622,000
|
USD
|
940,561
|
(1,841
)
|
|
10/19/2026
|
Morgan Stanley and Co. International PLC
|
USD
|
1,123,074
|
EUR
|
968,000
|
(3,475
)
|
|
10/22/2026
|
Morgan Stanley and Co. International PLC
|
CZK
|
430,000
|
USD
|
20,291
|
(198
)
|
|
12/17/2026
|
Morgan Stanley and Co. International PLC
|
EUR
|
94,000
|
USD
|
107,940
|
(1,040
)
|
|
08/25/2026
|
Standard Chartered Bank PLC
|
USD
|
64,538
|
INR
|
6,117,000
|
(530
)
|
|
09/01/2026
|
Standard Chartered Bank PLC
|
USD
|
74,442
|
ZAR
|
1,218,000
|
(879
)
|
|
Open Forward Foreign Currency Contracts—(continued)
|
||||||
|
Settlement
Date
|
Counterparty
|
Contract to
|
Unrealized
Appreciation
(Depreciation)
|
|||
|
Deliver
|
Receive
|
|||||
|
09/16/2026
|
Standard Chartered Bank PLC
|
PEN
|
2,074,295
|
USD
|
601,407
|
$(7,949
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
PHP
|
206,643,240
|
USD
|
3,320,637
|
(50,456
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
PLN
|
147,000
|
USD
|
38,892
|
(457
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
TRY
|
86,478,000
|
USD
|
1,688,792
|
(66,214
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
744,486
|
IDR
|
13,371,720,000
|
(5,817
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
896,702
|
JPY
|
142,081,000
|
(692
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
29,381
|
PEN
|
100,000
|
(5
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
59,103
|
PLN
|
216,000
|
(1,285
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
2,260,581
|
RON
|
10,301,000
|
(2,693
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
547,864
|
THB
|
17,736,000
|
(14,923
)
|
|
09/16/2026
|
Standard Chartered Bank PLC
|
USD
|
544,558
|
ZAR
|
8,928,000
|
(5,973
)
|
|
09/17/2026
|
Standard Chartered Bank PLC
|
MXN
|
29,483,000
|
USD
|
1,677,911
|
(18,112
)
|
|
09/17/2026
|
Standard Chartered Bank PLC
|
USD
|
1,175,285
|
MYR
|
4,695,765
|
(24,713
)
|
|
09/17/2026
|
UBS AG
|
MXN
|
46,483,391
|
USD
|
2,667,657
|
(6,322
)
|
|
Subtotal—Depreciation
|
(1,261,304
)
|
|||||
|
Total Forward Foreign Currency Contracts
|
$305,118
|
|||||
|
Open Centrally Cleared Interest Rate Swap Agreements
|
||||||||||
|
Pay/
Receive
Floating
Rate
|
Floating Rate Index
|
Payment
Frequency
|
(Pay)/
Receive
Fixed
Rate
|
Payment
Frequency
|
Maturity
Date
|
Notional Value
|
Upfront
Payments
Paid
(Received)
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
|
Interest Rate Risk
|
||||||||||
|
Pay
|
TTHORON
|
Quarterly
|
1.73%
|
Quarterly
|
06/18/2030
|
THB
|
45,200,000
|
$—
|
$7,300
|
$7,300
|
|
Pay
|
6 Month BUBOR
|
Semi-Annually
|
5.89
|
Annually
|
09/17/2028
|
HUF
|
400,000,000
|
—
|
9,032
|
9,032
|
|
Receive
|
CLICP
|
Semi-Annually
|
(4.64)
|
Semi-Annually
|
06/17/2028
|
CLP
|
2,400,000,000
|
—
|
9,327
|
9,327
|
|
Receive
|
SOFR
|
Annually
|
(3.92)
|
Annually
|
05/26/2029
|
USD
|
1,850,000
|
—
|
11,298
|
11,298
|
|
Receive
|
CLICP
|
Semi-Annually
|
(5.17)
|
Semi-Annually
|
09/17/2035
|
CLP
|
600,000,000
|
—
|
16,389
|
16,389
|
|
Receive
|
SOFR
|
Annually
|
(4.00)
|
Annually
|
05/26/2031
|
USD
|
2,400,000
|
(5,130
)
|
17,852
|
22,982
|
|
Receive
|
6 Month WIBOR
|
Semi-Annually
|
(3.70)
|
Annually
|
03/18/2028
|
PLN
|
13,400,000
|
—
|
24,051
|
24,051
|
|
Pay
|
6 Month BUBOR
|
Semi-Annually
|
6.57
|
Annually
|
06/17/2029
|
HUF
|
270,500,000
|
—
|
24,927
|
24,927
|
|
Receive
|
6 Month CZK PRIBOR
|
Semi-Annually
|
(3.90)
|
Annually
|
06/18/2035
|
CZK
|
17,000,000
|
2,102
|
42,510
|
40,408
|
|
Subtotal — Appreciation
|
|
|
|
(3,028
)
|
162,686
|
165,714
|
||||
|
Interest Rate Risk
|
||||||||||
|
Pay
|
BZDIOVRA
|
At Maturity
|
13.09
|
At Maturity
|
01/02/2029
|
BRL
|
24,129,376
|
—
|
(163,825
)
|
(163,825
)
|
|
Pay
|
BZDIOVRA
|
At Maturity
|
12.85
|
At Maturity
|
01/03/2028
|
BRL
|
24,612,389
|
—
|
(103,018
)
|
(103,018
)
|
|
Pay
|
BZDIOVRA
|
At Maturity
|
12.86
|
At Maturity
|
01/03/2028
|
BRL
|
15,702,973
|
—
|
(65,307
)
|
(65,307
)
|
|
Pay
|
BZDIOVRA
|
At Maturity
|
12.74
|
At Maturity
|
01/02/2029
|
BRL
|
5,583,899
|
—
|
(48,029
)
|
(48,029
)
|
|
Pay
|
FBIL Overnight MIBOR
|
Semi-Annually
|
5.96
|
Semi-Annually
|
06/18/2030
|
INR
|
230,000,000
|
—
|
(25,352
)
|
(25,352
)
|
|
Pay
|
BZDIOVRA
|
At Maturity
|
13.35
|
At Maturity
|
01/02/2029
|
BRL
|
4,010,744
|
—
|
(21,502
)
|
(21,502
)
|
|
Receive
|
6 Month WIBOR
|
Semi-Annually
|
(4.49)
|
Annually
|
09/16/2029
|
PLN
|
14,000,000
|
—
|
(21,376
)
|
(21,376
)
|
|
Pay
|
6 Month WIBOR
|
Semi-Annually
|
4.39
|
Annually
|
09/16/2032
|
PLN
|
15,300,000
|
—
|
(19,873
)
|
(19,873
)
|
|
Receive
|
3 Month CNRR007
|
Quarterly
|
(2.82)
|
Quarterly
|
03/23/2028
|
CNY
|
8,000,000
|
(9,391
)
|
(27,182
)
|
(17,791
)
|
|
Pay
|
BZDIOVRA
|
At Maturity
|
13.42
|
At Maturity
|
01/02/2029
|
BRL
|
5,003,622
|
—
|
(15,780
)
|
(15,780
)
|
|
Receive
|
6 Month WIBOR
|
Semi-Annually
|
(4.55)
|
Annually
|
09/16/2029
|
PLN
|
7,200,000
|
—
|
(14,091
)
|
(14,091
)
|
|
Pay
|
BZDIOVRA
|
At Maturity
|
12.92
|
At Maturity
|
01/02/2029
|
BRL
|
1,959,729
|
—
|
(13,178
)
|
(13,178
)
|
|
Pay
|
BZDIOVRA
|
At Maturity
|
13.72
|
At Maturity
|
01/03/2028
|
BRL
|
14,434,094
|
—
|
(10,963
)
|
(10,963
)
|
|
Receive
|
ZARONIA
|
Annually
|
(7.81)
|
Annually
|
09/16/2028
|
ZAR
|
50,000,000
|
—
|
(10,734
)
|
(10,734
)
|
|
Receive
|
ZARONIA
|
Annually
|
(7.79)
|
Annually
|
09/16/2028
|
ZAR
|
48,000,000
|
—
|
(9,268
)
|
(9,268
)
|
|
Pay
|
6 Month BUBOR
|
Semi-Annually
|
5.12
|
Annually
|
09/16/2031
|
HUF
|
400,000,000
|
—
|
(8,718
)
|
(8,718
)
|
|
Pay
|
FBIL Overnight MIBOR
|
Semi-Annually
|
5.65
|
Semi-Annually
|
09/17/2030
|
INR
|
30,000,000
|
—
|
(7,076
)
|
(7,076
)
|
|
Open Centrally Cleared Interest Rate Swap Agreements—(continued)
|
||||||||||
|
Pay/
Receive
Floating
Rate
|
Floating Rate Index
|
Payment
Frequency
|
(Pay)/
Receive
Fixed
Rate
|
Payment
Frequency
|
Maturity
Date
|
Notional Value
|
Upfront
Payments
Paid
(Received)
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
|
Receive
|
CLICP
|
Semi-Annually
|
(4.96)%
|
Semi-Annually
|
06/17/2028
|
CLP
|
2,400,000,000
|
$—
|
$(5,797
)
|
$(5,797
)
|
|
Pay
|
CLICP
|
Semi-Annually
|
4.71
|
Semi-Annually
|
09/17/2030
|
CLP
|
350,000,000
|
—
|
(5,561
)
|
(5,561
)
|
|
Receive
|
ZARONIA
|
Annually
|
(7.67)
|
Annually
|
09/16/2028
|
ZAR
|
51,000,000
|
—
|
(3,239
)
|
(3,239
)
|
|
Pay
|
FBIL Overnight MIBOR
|
Semi-Annually
|
6.04
|
Semi-Annually
|
03/18/2031
|
INR
|
19,000,000
|
(91
)
|
(2,013
)
|
(1,922
)
|
|
Subtotal — Depreciation
|
|
|
|
(9,482
)
|
(601,882
)
|
(592,400
)
|
||||
|
Total Centrally Cleared Interest Rate Swap Agreements
|
|
|
|
$(12,510
)
|
$(439,196
)
|
$(426,686
)
|
||||
|
Open Over-The-Counter Interest Rate Swap Agreements
|
|||||||||||
|
Counterparty
|
Pay/
Receive
Floating
Rate
|
Floating Rate
Index
|
Payment
Frequency
|
(Pay)/
Received
Fixed
Rate
|
Payment
Frequency
|
Maturity
Date
|
Notional
Value
|
Upfront
Payments
Paid
(Received)
|
Value
|
Unrealized
Appreciation
(Depreciation)
|
|
|
Interest Rate Risk
|
|||||||||||
|
Standard Chartered
Bank PLC
|
Pay
|
3 Month KLIBOR
|
Quarterly
|
3.58%
|
Quarterly
|
05/19/2028
|
MYR
|
12,250,000
|
$—
|
$(121
)
|
$(121
)
|
|
J.P. Morgan Chase
Bank, N.A.
|
Receive
|
BISTTREF
|
Quarterly
|
(41.30)
|
Quarterly
|
11/22/2026
|
TRY
|
137,400,000
|
—
|
(8,673
)
|
(8,673
)
|
|
Total Over-The-Counter Interest Rate Swap Agreements
|
|
|
|
|
|
$—
|
$(8,794
)
|
$(8,794
)
|
|||
|
Abbreviations:
|
|
|
BISTTREF
|
—Borsa Istanbul Turkish Lira Overnight Reference Rate
|
|
BRL
|
—Brazilian Real
|
|
BUBOR
|
—Budapest Interbank Offered Rate
|
|
BZDIOVRA
|
—Brazil Ceptip DI Interbank Deposit Rate
|
|
CAD
|
—Canadian Dollar
|
|
CLICP
|
—Sinacofi Chile Interbank Rate Avg (CAMARA)
|
|
CLP
|
—Chile Peso
|
|
CNH
|
—Chinese Renminbi
|
|
CNRR007
|
—China 7-Day Reverse Repo Rate
|
|
CNY
|
—Chinese Yuan Renminbi
|
|
COP
|
—Colombia Peso
|
|
CZK
|
—Czech Koruna
|
|
EGP
|
—Egypt Pound
|
|
EUR
|
—Euro
|
|
FBIL
|
—Financial Benchmarks India Private Ltd.
|
|
HUF
|
—Hungarian Forint
|
|
IDR
|
—Indonesian Rupiah
|
|
ILS
|
—Israel Shekel
|
|
INR
|
—Indian Rupee
|
|
JPY
|
—Japanese Yen
|
|
KLIBOR
|
—Kuala Lumpur Interbank Offered Rate
|
|
KRW
|
—South Korean Won
|
|
MIBOR
|
—Mumbai Interbank Offered Rate
|
|
MXN
|
—Mexican Peso
|
|
MYR
|
—Malaysian Ringgit
|
|
PEN
|
—Peruvian Sol
|
|
PHP
|
—Philippines Peso
|
|
PLN
|
—Polish Zloty
|
|
PRIBOR
|
—Prague Interbank Offerred Rate
|
|
RON
|
—Romania New Leu
|
|
SOFR
|
—Secured Overnight Financing Rate
|
|
THB
|
—Thai Baht
|
|
TRY
|
—Turkish Lira
|
|
TTHORON
|
—Thai Overnight Repurchase Rate
|
|
USD
|
—U.S. Dollar
|
|
WIBOR
|
—Warsaw Interbank Offered Rate
|
|
ZAR
|
—South African Rand
|
|
ZARONIA
|
—South African Rand Overnight Index Average
|
|
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Investments in Securities
|
|
|
|
|
|
Non-U.S. Dollar Denominated Bonds & Notes
|
$—
|
$90,260,029
|
$—
|
$90,260,029
|
|
U.S. Dollar Denominated Bonds & Notes
|
—
|
118,437
|
—
|
118,437
|
|
Money Market Funds
|
14,161,971
|
—
|
—
|
14,161,971
|
|
Options Purchased
|
—
|
125,982
|
—
|
125,982
|
|
Total Investments in Securities
|
14,161,971
|
90,504,448
|
—
|
104,666,419
|
|
Other Investments - Assets*
|
|
|
|
|
|
Forward Foreign Currency Contracts
|
—
|
1,566,422
|
—
|
1,566,422
|
|
Swap Agreements
|
—
|
165,714
|
—
|
165,714
|
|
|
—
|
1,732,136
|
—
|
1,732,136
|
|
Other Investments - Liabilities*
|
|
|
|
|
|
Forward Foreign Currency Contracts
|
—
|
(1,261,304
)
|
—
|
(1,261,304
)
|
|
Options Written
|
—
|
(425,489
)
|
—
|
(425,489
)
|
|
Swap Agreements
|
—
|
(601,194
)
|
—
|
(601,194
)
|
|
|
—
|
(2,287,987
)
|
—
|
(2,287,987
)
|
|
Total Other Investments
|
—
|
(555,851
)
|
—
|
(555,851
)
|
|
Total Investments
|
$14,161,971
|
$89,948,597
|
$—
|
$104,110,568
|
|
*
|
Forward foreign currency contracts and swap agreements are valued at unrealized appreciation
(depreciation). Options written are shown at value.
|