Adani Renewable Energy RJ Ltd/Kodangal Solar Parks Pvt Ltd/Wardha Solar Maharash

0001752724-24-057149.txt : 20240318 0001752724-24-057149.hdr.sgml : 20240318 20240318122747 ACCESSION NUMBER: 0001752724-24-057149 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240131 FILED AS OF DATE: 20240318 DATE AS OF CHANGE: 20240318 PERIOD START: 20240430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VanEck ETF Trust CENTRAL INDEX KEY: 0001137360 ORGANIZATION NAME: IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-10325 FILM NUMBER: 24757836 BUSINESS ADDRESS: STREET 1: 666 THIRD AVENUE, 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-293-2000 MAIL ADDRESS: STREET 1: 666 THIRD AVENUE, 9TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: VanEck Vectors ETF Trust DATE OF NAME CHANGE: 20160427 FORMER COMPANY: FORMER CONFORMED NAME: MARKET VECTORS ETF TRUST DATE OF NAME CHANGE: 20070312 FORMER COMPANY: FORMER CONFORMED NAME: MARKET VECTORS TRUST DATE OF NAME CHANGE: 20050516

0001137360 S000036768 VanEck Emerging Markets High Yield Bond ETF

C000112445 VanEck Emerging Markets High Yield Bond ETF HYEM

NPORT-P 1 primary_doc.xml NPORT-P false 0001137360 XXXXXXXX S000036768 C000112445 VanEck ETF Trust 811-10325 0001137360 549300ZLFKNTXC51ZN76 666 THIRD AVENUE, 9TH FLOOR NEW YORK 10017 212-293-2000 VanEck Emerging Markets High Yield Bond ETF S000036768 5493000XZY6IPF1JRM25 2024-04-30 2024-01-31 N 381146307.80 15932132.26 365214175.54 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 496895.00000000 0.00000000 0.00000000 6720615.93000000 USD N ADANIREN KODSOPAR WARSOM N/A Adani Renewable Energy RJ Ltd/Kodangal Solar Parks Pvt Ltd/Wardha Solar Maharash 00654CAA0 438125.00000000 PA USD 357047.09000000 0.097763754507 Long DBT CORP IN N 2 2039-10-15 Fixed 4.63000000 N N N N N N IHS HOLDING LTD 213800CLGMKL63VKTD94 IHS Holding Ltd 44963HAA3 675000.00000000 PA USD 611567.55000000 0.167454494091 Long DBT CORP KY N 2 2026-11-29 Fixed 5.63000000 N N N N N N VF UKRAINE (VFU FUNDING) N/A VF Ukraine PAT via VFU Funding PLC 918212AA9 400000.00000000 PA USD 319142.40000000 0.087384998002 Long DBT CORP UA N 2 2025-02-11 Fixed 6.20000000 N N N N N N FRONTERA ENERGY CORP A25574TZFLBNK7NWQT47 Frontera Energy Corp 35905BAC1 550000.00000000 PA USD 410704.25000000 0.112455725299 Long DBT CORP CA N 2 2028-06-21 Fixed 7.88000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QCK6 475000.00000000 PA USD 416837.40000000 0.114135054967 Long DBT CORP MX N 2 2028-02-12 Fixed 5.35000000 N N N N N N EMIRATES NBD BANK PJSC 54930029BCN8HF3B1286 Emirates NBD Bank PJSC 000000000 1450000.00000000 PA USD 1446125.60000000 0.395966448416 Long DBT CORP AE N 2 2025-03-20 Fixed 6.13000000 N N N N N N BONO GAR PROV DEL CHUBUT 529900V5CYYSD8ADKQ03 Provincia del Chubut Argentina 17127LAA3 620326.60000000 PA USD 531888.34000000 0.145637375442 Long DBT NUSS AR N 2 2030-07-26 Fixed 7.75000000 N N N N N N BANCO BRADESCO (CAYMAN) 549300CTUU1RFXHQJE44 Banco Bradesco SA/Cayman Islands 05947KAZ3 525000.00000000 PA USD 511028.60000000 0.139925729674 Long DBT CORP KY N 2 2025-01-27 Fixed 3.20000000 N N N N N N BRASKEM NETHERLANDS 2549000TLMHFQ74DS330 Braskem Netherlands Finance BV 10554TAG0 675000.00000000 PA USD 602722.55000000 0.165032627528 Long DBT CORP NL N 2 2033-02-13 Fixed 7.25000000 N N N N N DP WORLD SALAAM 549300SUYBT9X88E9435 DP World Salaam 000000000 2150000.00000000 PA USD 2136562.50000000 0.585016311823 Long DBT CORP KY N 2 2025-10-01 Fixed 6.00000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QDB5 375000.00000000 PA USD 352752.45000000 0.096587830819 Long DBT CORP MX N 2 2027-01-23 Fixed 6.49000000 N N N N N N ENERGIAN ISRAEL FINANCE 98450044QACBL3F8EB03 Energian Israel Finance Ltd 000000000 850000.00000000 PA USD 709415.10000000 0.194246321066 Long DBT CORP IL N 2 2031-03-30 Fixed 5.88000000 N N N N N N MHP LUX SA 222100RHC7R1WZ1J3M44 MHP Lux SA 59318YAB4 450000.00000000 PA USD 321750.00000000 0.088098990003 Long DBT CORP LU N 2 2029-09-19 Fixed 6.25000000 N N N N N N BANK MUSCAT SAOG 549300HC6W6OEXV7SY67 Bank Muscat SAOG 000000000 700000.00000000 PA USD 686884.80000000 0.188077256033 Long DBT CORP OM N 2 2026-03-17 Fixed 4.75000000 N N N N N N ANGLOGOLD HOLDINGS PLC 213800745ZIXC4L6A131 AngloGold Ashanti Holdings PLC 03512TAB7 475000.00000000 PA USD 472454.15000000 0.129363584888 Long DBT CORP IM N 2 2040-04-15 Fixed 6.50000000 N N N N N N AKBANK TAS 789000TUMN63Z28TJ497 Akbank TAS 00971YAG5 625000.00000000 PA USD 627375.00000000 0.171782762559 Long DBT CORP TR N 2 2026-02-06 Fixed 6.80000000 N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NAZ2 225000.00000000 PA USD 224427.60000000 0.061450955365 Long DBT CORP NL N 2 2029-02-01 Fixed 5.75000000 N N N N N N MERCADOLIBRE INC 549300DKPDN9M5S8GB14 MercadoLibre Inc 58733RAE2 600000.00000000 PA USD 560848.02000000 0.153566881452 Long DBT CORP US N 2 2026-01-14 Fixed 2.38000000 N N N N N N INDIKA ENERGY CAPITAL IV 254900LQ197HY24XVH34 Indika Energy Capital IV Pte Ltd 45569GAA0 825000.00000000 PA USD 827324.85000000 0.226531417839 Long DBT CORP SG N 2 2025-10-22 Fixed 8.25000000 N N N N N N COSAN LUXEMBOURG SA 222100ZY943WERK7RZ38 Cosan Luxembourg SA 22112EAC2 250000.00000000 PA USD 252451.50000000 0.069124233643 Long DBT CORP LU N 2 2027-01-20 Fixed 7.00000000 N N N N N N Turk Telekomunikasyon AS 789000A2TXOI10JZLF90 Turk Telekomunikasyon AS 90011QAC4 755000.00000000 PA USD 752117.41000000 0.205938723185 Long DBT CORP TR N 2 2025-02-28 Fixed 6.88000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QDC3 550000.00000000 PA USD 472597.93000000 0.129402953568 Long DBT CORP MX N 2 2030-01-23 Fixed 6.84000000 N N N N N ELECTRICIDAD FIRME DE ME 549300B9KK10OSYRIY06 Electricidad Firme de Mexico Holdings SA de CV 28504MAA1 500000.00000000 PA USD 463703.25000000 0.126967484028 Long DBT CORP MX N 2 2026-11-20 Fixed 4.90000000 N N N N N N CEMEX SAB DE CV 549300RIG2CXWN6IV731 Cemex SAB de CV 151290CB7 1425000.00000000 PA USD 1519008.68000000 0.415922705561 Long DBT CORP MX N 2 2028-03-14 Fixed 9.13000000 N N N N N N CENTRAL PLAZA DEV LTD 254900HLDKFNM2WUVJ54 Central Plaza Development Ltd 000000000 600000.00000000 PA USD 533862.00000000 0.146177787105 Long DBT CORP VG N 2 2025-07-14 Fixed 3.85000000 N N N N N N CANPACK SA/CANPACK US N/A Canpack SA / Canpack US LLC 13806CAA0 1150000.00000000 PA USD 1014725.50000000 0.277843952387 Long DBT CORP XX N 2 2029-11-15 Fixed 3.88000000 N N N N N N ENFRAGEN ENERGIA SUR SA N/A EnfraGen Energia Sur SA / EnfraGen Spain SA / Prime Energia SpA 29280LAA1 1000000.00000000 PA USD 783438.30000000 0.214514756674 Long DBT CORP ES N 2 2030-12-30 Fixed 5.38000000 N N N N N N EMBRAER NETHERLANDS FINA 724500PBR8LR26XBSP67 Embraer Netherlands Finance BV 29082HAD4 500000.00000000 PA USD 526216.48000000 0.144084352482 Long DBT CORP NL N 2 2030-07-28 Fixed 7.00000000 N N N N N N VOLCAN CIA MINERA SAA-CM 549300XKJ91C4SZLG750 Volcan Cia Minera SAA 92863UAB2 550000.00000000 PA USD 320947.00000000 0.087879119019 Long DBT CORP PE N 2 2026-02-11 Fixed 4.38000000 N N N N N N Petroleos del Peru SA 549300ZMGDLC9JT2OR80 Petroleos del Peru SA 716564AA7 1425000.00000000 PA USD 1052133.36000000 0.288086670908 Long DBT CORP PE N 2 2032-06-19 Fixed 4.75000000 N N N N N N IHS HOLDING LTD 213800CLGMKL63VKTD94 IHS Holding Ltd 44963HAB1 625000.00000000 PA USD 529425.00000000 0.144962883551 Long DBT CORP KY N 2 2028-11-29 Fixed 6.25000000 N N N N N N NETWORK I2I LTD 2549003L8M1FGHLHOX45 Network i2i Ltd 64132NAC0 725000.00000000 PA USD 683309.75000000 0.187098364675 Long DBT CORP MU N 2 2026-03-03 Fixed 3.98000000 N N N N N N LATAM AIRLINES GROUP SA 549300HX3UUDPEFTG707 Latam Airlines Group SA 51818LAA6 575000.00000000 PA USD 644571.91000000 0.176491481757 Long DBT CORP CL N 2 2027-10-15 Fixed 13.38000000 N N N N N N GRUPO AVAL LTD 549300J4FW1ELLQ80113 Grupo Aval Ltd 40053FAC2 1400000.00000000 PA USD 1161064.24000000 0.317913245914 Long DBT CORP KY N 2 2030-02-04 Fixed 4.38000000 N N N N N N MAZOON ASSETS CO SAOC 6354003TDIRN5Y6LJP91 Mazoon Assets Co SAOC 57886LAA0 700000.00000000 PA USD 689129.00000000 0.188691744777 Long DBT CORP OM N 2 2027-11-08 Fixed 5.20000000 N N N N N N TRANSPORT DE GAS DEL SUR 5299002TRC7IFQYSW596 Transportadora de Gas del Sur SA 893870AX3 700000.00000000 PA USD 670472.04000000 0.183583246463 Long DBT CORP AR N 2 2025-05-02 Fixed 6.75000000 N N N N N N FRANSHION BRILLIANT LTD 549300E3ZP4GOU3D4G57 Franshion Brilliant Ltd 000000000 600000.00000000 PA USD 409464.39000000 0.112116236834 Long DBT CORP VG N 2 2029-07-23 Fixed 4.25000000 N N N N N N WE SODA INV HOLDING PLC 984500SE38C07DB47A90 WE Soda Investments Holding PLC 92943TAA1 1400000.00000000 PA USD 1433695.20000000 0.392562856543 Long DBT CORP GB N 2 2028-10-06 Fixed 9.50000000 N N N N N BRASKEM NETHERLANDS 2549000TLMHFQ74DS330 Braskem Netherlands Finance BV 10554TAH8 550000.00000000 PA USD 524551.50000000 0.143628461087 Long DBT CORP NL N 2 2031-01-12 Fixed 8.50000000 N N N N N N VEDANTA RESOURCES 8945002DGA3BBXO3N634 Vedanta Resources Finance II PLC 92243XAA9 600000.00000000 PA USD 484299.00000000 0.132606846183 Long DBT CORP GB N 2 2026-04-23 Fixed 9.25000000 N N N N N N METALSA SA DE CV 549300F2FONGJR575V67 Metalsa Sapi De Cv 59132VAB4 450000.00000000 PA USD 367437.69000000 0.100608824796 Long DBT CORP MX N 2 2031-05-04 Fixed 3.75000000 N N N N N N BANCO INTERNAC DEL PERU 5493001TRCGXJLRLHN14 Banco Internacional del Peru SAA Interbank 05968DAD2 400000.00000000 PA USD 382282.56000000 0.104673527371 Long DBT CORP PE N 2 2030-07-08 Fixed 4.00000000 N N N N N N Eskom Holdings SOC Ltd 3789001900ED06F65111 Eskom Holdings SOC Ltd 29646AAC0 1400000.00000000 PA USD 1360611.00000000 0.372551530341 Long DBT CORP ZA N 2 2028-08-10 Fixed 6.35000000 N N N N N N CSN RESOURCES SA 222100ZEX458NMOXZP08 CSN Resources SA 12644VAE8 375000.00000000 PA USD 322508.48000000 0.088306670879 Long DBT CORP LU N 2 2032-04-08 Fixed 5.88000000 N N N N N N DAR AL-ARKAN SUKUK CO LT 5493000UYHRBXEIYUQ69 Dar Al-Arkan Sukuk Co Ltd 000000000 500000.00000000 PA USD 505351.00000000 0.138371135034 Long DBT CORP KY N 2 2026-02-07 Fixed 7.75000000 N N N N N N RKPF OVERSEAS 2020 A LTD 254900LKOLISWWIE7W36 RKPF Overseas 2020 A Ltd 000000000 950000.00000000 PA USD 273125.00000000 0.074784884676 Long DBT CORP VG N 2 2026-07-26 Fixed 5.13000000 N N N N N N PAMPA ENERGIA SA 254900QNIK0CVURGML24 Pampa Energia SA 697660AB4 375000.00000000 PA USD 369615.00000000 0.101204998259 Long DBT CORP AR N 2 2029-04-15 Fixed 9.13000000 N N N N N N LIMAK ISKENDERUN 5299001DUZ9PI7TCRC47 Limak Iskenderun Uluslararasi Liman Isletmeciligi AS 53263TAA5 496482.94000000 PA USD 456267.82000000 0.124931574554 Long DBT CORP TR N 2 2036-07-10 Fixed 9.50000000 N N N N N N GREENKO POWER II LTD 254900YYA4B6O2O4JM12 Greenko Power II Ltd 39530MAA6 1327500.00000000 PA USD 1208184.30000000 0.330815280708 Long DBT CORP MU N 2 2028-12-13 Fixed 4.30000000 N N N N N N ACU PETROLEO LUXEMBOURG N/A Acu Petroleo Luxembourg Sarl 00110RAA5 436365.00000000 PA USD 418425.77000000 0.114569969629 Long DBT CORP LU N 2 2032-01-13 Fixed 7.50000000 N N N N N N SASOL FINANCING USA LLC 549300XRB1PFMESFEL85 Sasol Financing USA LLC 80386WAD7 1175000.00000000 PA USD 987597.84000000 0.270416075317 Long DBT CORP US N 2 2031-03-18 Fixed 5.50000000 N N N N N N METINVEST BV 635400TMCKVEU87EJ582 Metinvest BV 591555AG2 450000.00000000 PA USD 315000.00000000 0.086250759443 Long DBT CORP NL N 2 2027-10-01 Fixed 7.65000000 N N N N N N ARCELIK AS 789000748KTQCUMJ0R25 Arcelik AS 000000000 700000.00000000 PA USD 727860.00000000 0.199296754821 Long DBT CORP TR N 2 2028-09-25 Fixed 8.50000000 N N N N N N GOL FINANCE SA 5299007RH8MA67ZC6J07 Gol Finance SA 36254VAA6 75000.00000000 PA USD 11062.50000000 0.003029044528 Long DBT CORP LU N 2 2025-01-31 None 0.00000000 Y N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QDD1 1875000.00000000 PA USD 1311997.88000000 0.359240677900 Long DBT CORP MX N 2 2050-01-23 Fixed 7.69000000 N N N N N N PT BANK TABUNGAN NEGARA 2549009BLYOGL9ZLAW17 Bank Tabungan Negara Persero Tbk PT 000000000 400000.00000000 PA USD 392420.92000000 0.107449531338 Long DBT CORP ID N 2 2025-01-23 Fixed 4.20000000 N N N N N N EBN FINANCE CO BV 549300YQYR5NQR743D34 EBN Finance Co BV 26824MAB6 450000.00000000 PA USD 423364.50000000 0.115922252846 Long DBT CORP NL N 2 2026-02-16 Fixed 7.13000000 N N N N N N MELCO RESORTS FINANCE 5493000FQDBWKDBZEF60 Melco Resorts Finance Ltd 58547DAA7 1500000.00000000 PA USD 1459687.50000000 0.399679858494 Long DBT CORP KY N 2 2025-06-06 Fixed 4.88000000 N N N N N POINSETTIA FINANCE LTD 549300P2JTF5JKW10Z65 Poinsettia Finance Ltd 000000000 426250.00000000 PA USD 358399.53000000 0.098134068720 Long DBT CORP KY N 2 2031-06-17 Fixed 6.63000000 N N N N N N Energuate Trust 549300RVM37LH8GY7E41 Energuate Trust 29277RAA3 500000.00000000 PA USD 476745.00000000 0.130538470828 Long DBT CORP KY N 2 2027-05-03 Fixed 5.88000000 N N N N N N KUWAIT PROJECTS CO SPC L 254900BQTJEWBK1TAN59 Kuwait Projects Co SPC Ltd 000000000 800000.00000000 PA USD 708630.40000000 0.194031460841 Long DBT CORP AE N 2 2026-10-29 Fixed 4.23000000 N N N N N N TC ZIRAAT BANKASI AS 213800K5KTZFSUS8MR51 TC Ziraat Bankasi AS 90014TAH4 750000.00000000 PA USD 790954.50000000 0.216572781938 Long DBT CORP TR N 2 2026-08-01 Fixed 9.50000000 N N N N N N ECOPETROL SA 254900IDGKCJICKBPA66 Ecopetrol SA 279158AN9 1850000.00000000 PA USD 1809961.01000000 0.495588925956 Long DBT CORP CO N 2 2030-04-29 Fixed 6.88000000 N N N N N N HERITAGE PETROL CO LTD 25490055MYPABN06OA04 Heritage Petroleum Co Ltd 42727GAA6 800000.00000000 PA USD 847600.00000000 0.232082995887 Long DBT CORP TT N 2 2029-08-12 Fixed 9.00000000 N N N N N N ULTRAPAR INTERNATIONL SA 222100CXHWBP3H3SK244 Ultrapar International SA 90401CAA7 300000.00000000 PA USD 296035.50000000 0.081058053007 Long DBT CORP LU N 2 2026-10-06 Fixed 5.25000000 N N N N N N PERIAMA HOLDINGS LLC/DE 254900NINXO00BLT2Z47 Periama Holdings LLC/DE 000000000 1150000.00000000 PA USD 1137683.50000000 0.311511320259 Long DBT CORP US N 2 2026-04-19 Fixed 5.95000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAN1 250000.00000000 PA USD 251999.50000000 0.069000470649 Long DBT CORP NL N 2 2025-01-31 Fixed 7.13000000 N N N N N N YANLORD LAND HK CO LTD 549300O56H3950RDWG19 Yanlord Land HK Co Ltd 000000000 750000.00000000 PA USD 529240.56000000 0.144912381677 Long DBT CORP HK N 2 2026-05-20 Fixed 5.13000000 N N N N N N TURKIYE VAKIFLAR BANKASI 789000KAIHOLSQKQ9858 Turkiye Vakiflar Bankasi TAO 90015WAM5 1000000.00000000 PA USD 1046958.00000000 0.286669595574 Long DBT CORP TR N 2 2028-10-12 Fixed 9.00000000 N N N N N N DAR AL-ARKAN SUKUK CO LT 5493000UYHRBXEIYUQ69 Dar Al-Arkan Sukuk Co Ltd 000000000 800000.00000000 PA USD 821200.00000000 0.224854360810 Long DBT CORP KY N 2 2029-02-25 Fixed 8.00000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QDF6 850000.00000000 PA USD 545709.18000000 0.149421686382 Long DBT CORP MX N 2 2060-01-28 Fixed 6.95000000 N N N N N N CANACOL ENERGY LTD 549300X5MNRWPMSM9N14 Canacol Energy Ltd 134808AD6 700000.00000000 PA USD 482351.48000000 0.132073591964 Long DBT CORP CA N 2 2028-11-24 Fixed 5.75000000 N N N N N N TURKIYE VAKIFLAR BANKASI 789000KAIHOLSQKQ9858 Turkiye Vakiflar Bankasi TAO 90015WAL7 675000.00000000 PA USD 649363.50000000 0.177803476286 Long DBT CORP TR N 2 2026-10-01 Fixed 5.50000000 N N N N N N CAP SA 54930079GPG23NTBB003 CAP SA 13911YAA4 450000.00000000 PA USD 351000.00000000 0.096107989094 Long DBT CORP CL N 2 2031-04-27 Fixed 3.90000000 N N N N N N ENERGIAN ISRAEL FINANCE 98450044QACBL3F8EB03 Energian Israel Finance Ltd 000000000 875000.00000000 PA USD 808413.38000000 0.221353231649 Long DBT CORP IL N 2 2026-03-30 Fixed 4.88000000 N N N N N N KT21 T2 CO LTD 549300A7OP1JIVHGH118 Kt21 T2 Co Ltd 000000000 550000.00000000 PA USD 530519.00000000 0.145262433807 Long DBT CORP KY N 2 2031-12-16 Fixed 6.13000000 N N N N N N ALPHA STAR HOLDING 254900TMRVHA9YMIFC14 Alpha Star Holding VIII Ltd 000000000 200000.00000000 PA USD 206000.00000000 0.056405258556 Long DBT CORP AE N 2 2027-04-12 Fixed 8.38000000 N N N N N N ENERGO PRO AS 315700IQCL9IX158RO36 Energo-Pro AS 000000000 650000.00000000 PA USD 648648.00000000 0.177607563846 Long DBT CORP CZ N 2 2027-02-04 Fixed 8.50000000 N N N N N N CORURIPE NETHERLANDS BV 724500EL5MDC9RD0FW48 Coruripe Netherlands BV 22088DAA8 175000.00000000 PA USD 141043.35000000 0.038619352546 Long DBT CORP NL N 2 2027-02-10 Fixed 10.00000000 N N N N N N AEGEA FINANCE SARL 213800V6WTKUT1XWIZ47 Aegea Finance Sarl 00775CAC0 325000.00000000 PA USD 342021.88000000 0.093649672687 Long DBT CORP LU N 2 2031-01-20 Fixed 9.00000000 N N N N N N JSW INFRASTRUCTURE 3358003E3YFK92C9WX80 JSW Infrastructure Ltd 46654XAA7 600000.00000000 PA USD 563479.21000000 0.154287332677 Long DBT CORP IN N 2 2029-01-21 Fixed 4.95000000 N N N N N N BANCO VOTORANTIM X2EUTZGMHS8RBQFIUS93 Banco Votorantim SA 05967CAF0 400000.00000000 PA USD 389278.52000000 0.106589104714 Long DBT CORP BR N 2 2025-07-29 Fixed 4.38000000 N N N N N N ECOPETROL SA 254900IDGKCJICKBPA66 Ecopetrol SA 279158AS8 1600000.00000000 PA USD 1690596.43000000 0.462905479367 Long DBT CORP CO N 2 2033-01-13 Fixed 8.88000000 N N N N N N OFFICE CHERIFIEN DES PHO 213800D26TAPVTCVWG40 OCP SA 67091TAC9 750000.00000000 PA USD 729660.00000000 0.199789616304 Long DBT CORP MA N 2 2025-10-22 Fixed 4.50000000 N N N N N N MTN MAURITIUS INVSTMENTS 2549009PQD415OQIR074 MTN Mauritius Investments Ltd 55377XAB2 800000.00000000 PA USD 811200.00000000 0.222116241463 Long DBT CORP MU N 2 2026-10-13 Fixed 6.50000000 N N N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AR1 725000.00000000 PA USD 535647.55000000 0.146666692005 Long DBT CORP AR N 2 2047-12-15 Fixed 7.00000000 N N N N N N KOSMOS ENERGY LTD 213800YDFJ3OT9B5P157 Kosmos Energy Ltd 500688AF3 600000.00000000 PA USD 567486.00000000 0.155384439599 Long DBT CORP US N 2 2027-05-01 Fixed 7.75000000 N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NAA7 175000.00000000 PA USD 157688.02000000 0.043176861841 Long DBT CORP NL N 2 2043-05-20 Fixed 5.63000000 N N N N N N BANCO NACIONAL COM EXT 4469000001BL6VG3DH44 Banco Nacional de Comercio Exterior SNC/Cayman Islands 05973JAA8 700000.00000000 PA USD 597877.98000000 0.163706126443 Long DBT CORP MX N 2 2031-08-11 Fixed 2.72000000 N N N N N N ENERGIAN ISRAEL FINANCE 98450044QACBL3F8EB03 Energian Israel Finance Ltd 000000000 825000.00000000 PA USD 722163.75000000 0.197737053588 Long DBT CORP IL N 2 2028-03-30 Fixed 5.38000000 N N N N N N Ecopetrol SA 254900IDGKCJICKBPA66 Ecopetrol SA 279158AJ8 1675000.00000000 PA USD 1246984.69000000 0.341439290563 Long DBT CORP CO N 2 2045-05-28 Fixed 5.88000000 N N N N N N Klabin Austria GmbH 984500578YEA8DD41B09 Klabin Austria GmbH 49836AAA2 525000.00000000 PA USD 526656.90000000 0.144204944734 Long DBT CORP AT N 2 2029-04-03 Fixed 5.75000000 N N N N N N YAPI VE KREDI BANKASI AS B85ZYWEZ5IZCZ2WNIO12 Yapi ve Kredi Bankasi AS 984848AQ4 1200000.00000000 PA USD 1266960.00000000 0.346908768841 Long DBT CORP TR N 2 2028-10-16 Fixed 9.25000000 N N N N N N ESKOM HOLDINGS SOC LTD 3789001900ED06F65111 Eskom Holdings SOC Ltd 000000000 750000.00000000 PA USD 698748.75000000 0.191325747136 Long DBT CORP ZA N 2 2027-07-23 Fixed 4.31000000 N N N N N N GREENKO DUTCH BV 724500PT585P4JPVRP08 Greenko Dutch BV 39530LAD2 786250.00000000 PA USD 742023.44000000 0.203174873730 Long DBT CORP NL N 2 2026-03-29 Fixed 3.85000000 N N N N N N VTR COMUNICACIONES SPA 213800XDZJKMC1AEUV94 VTR Comunicaciones SpA 918367AC7 600000.00000000 PA USD 348375.00000000 0.095389232765 Long DBT CORP CL N 2 2029-04-15 Fixed 4.38000000 N N N N N N CIBANCO SA INS DE BANCA N/A CIBANCO SA Institucion de Banca Multiple Trust CIB/3332 171653AA6 550000.00000000 PA USD 419790.64000000 0.114943687325 Long DBT MX N 2 2031-07-22 Fixed 4.38000000 N N N N N N TULLOW OIL PLC 2138003EYHWO75RKS857 Tullow Oil PLC 899415AG8 2100000.00000000 PA USD 1935528.00000000 0.529970666428 Long DBT CORP GB N 2 2026-05-15 Fixed 10.25000000 N N N N N N BANK OF COMMUNICATIONS 549300AX1UM10U30HK09 Bank of Communications Co Ltd 000000000 3975000.00000000 PA USD 3850674.44000000 1.054360618479 Long DBT CORP CN N 2 2025-11-18 Fixed 3.80000000 N N N N N N SEPLAT ENERGY PL 029200711C4S4CB2E982 SEPLAT Energy PLC 81733LAB3 900000.00000000 PA USD 839850.30000000 0.229961035537 Long DBT CORP NG N 2 2026-04-01 Fixed 7.75000000 N N N N N N COLOMBIA TELECOMUNICACIO 549300CK4YN0V1C3MN55 Colombia Telecomunicaciones SA ESP 19533PAC4 700000.00000000 PA USD 450936.08000000 0.123471680510 Long DBT CORP CO N 2 2030-07-17 Fixed 4.95000000 N N N N N N INVEST ENERGY RES LTD 254900A71Y7WHN7L5K89 Investment Energy Resources Ltd 46143NAB6 1000000.00000000 PA USD 951850.00000000 0.260627890084 Long DBT CORP BM N 2 2029-04-26 Fixed 6.25000000 N N N N N N BRF SA 254900MTXR9LUVQFU480 BRF SA 10552TAG2 425000.00000000 PA USD 376582.77000000 0.103112856844 Long DBT CORP BR N 2 2030-01-24 Fixed 4.88000000 N N N N N N State Street Global Advisors 5493008BJIBKQ5KTIF74 State Street Navigator Securities Lending Government Money Market Portfolio 857492706 15272397.50000000 NS USD 15272397.50000000 4.181764707631 Long STIV RF US N 1 N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AT7 403125.00000000 PA USD 398489.06000000 0.109111060492 Long DBT CORP AR N 2 2025-03-23 Fixed 8.50000000 N N N N N N METINVEST BV 635400TMCKVEU87EJ582 Metinvest BV 591555AF4 700000.00000000 PA USD 470500.80000000 0.128828734345 Long DBT CORP NL N 2 2029-10-17 Fixed 7.75000000 N N N N N N TATA MOTORS LTD 335800BO2LHWJJ8TZI32 Tata Motors Ltd 000000000 400000.00000000 PA USD 397700.00000000 0.108895006447 Long DBT CORP IN N 2 2025-05-20 Fixed 5.88000000 N N N N N N GRUPO KUO SAB DE CV 549300WIYIAVCFZI6Z04 KUO SAB De CV 40052CAC0 625000.00000000 PA USD 563692.18000000 0.154345646405 Long DBT CORP MX N 2 2027-07-07 Fixed 5.75000000 N N N N N N KUWAIT PROJECTS CO SPC L 254900BQTJEWBK1TAN59 Kuwait Projects Co SPC Ltd 000000000 750000.00000000 PA USD 657451.50000000 0.180018067214 Long DBT CORP AE N 2 2027-02-23 Fixed 4.50000000 N N N N N N RIO OIL FINANCE TRUST N/A Rio Oil Finance Trust Series 2018-1 76716XAC6 252665.00000000 PA USD 259708.04000000 0.071111160900 Long DBT CORP US N 2 2028-04-06 Fixed 8.20000000 N N N N N N ABRA GLOBAL FINANCE N/A ABRA Global Finance 000852AB9 613750.00000000 PA USD 461791.88000000 0.126444128111 Long DBT CORP KY N 2 2028-03-02 Fixed 11.50000000 N N Y N N N BANCO DO BRASIL (CAYMAN) QE0Q0253K88YAGNPE356 Banco do Brasil SA/Cayman 059578AG9 500000.00000000 PA USD 510021.00000000 0.139649836769 Long DBT CORP BR N 2 2030-04-18 Fixed 6.25000000 N N N N N N BRASKEM NETHERLANDS 2549000TLMHFQ74DS330 Braskem Netherlands Finance BV 10554TAE5 500000.00000000 PA USD 352702.05000000 0.096574030698 Long DBT CORP NL N 2 2050-01-31 Fixed 5.88000000 N N N N N TURKIYE VAKIFLAR BANKASI 789000KAIHOLSQKQ9858 Turkiye Vakiflar Bankasi TAO 90015WAJ2 1125000.00000000 PA USD 1115606.25000000 0.305466305723 Long DBT CORP TR N 2 2025-02-05 Fixed 5.25000000 N N N N N N CNTL AMR BOTTLING CORP N/A Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL 15239XAA6 1550000.00000000 PA USD 1449932.00000000 0.397008686165 Long DBT CORP VG N 2 2029-04-27 Fixed 5.25000000 N N N N N N MERCURY CHILE HOLDCO LLC N/A Mercury Chile Holdco LLC 58937CAA7 500000.00000000 PA USD 465984.40000000 0.127592090123 Long DBT CORP US N 2 2027-01-24 Fixed 6.50000000 N N N N N N TURKIYE SINAI KALKINMA B 549300MFCXK5HOOEWP84 Turkiye Sinai Kalkinma Bankasi AS 90015YAA7 550000.00000000 PA USD 550203.50000000 0.150652284837 Long DBT CORP TR N 2 2025-01-23 Fixed 6.00000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NAS8 325000.00000000 PA USD 340419.95000000 0.093211045134 Long DBT CORP NL N 2 2027-01-17 Fixed 7.38000000 N N N N N N EMBRAER NETHERLANDS FINA 724500PBR8LR26XBSP67 Embraer Netherlands Finance BV 29082HAB8 375000.00000000 PA USD 371870.65000000 0.101822622150 Long DBT CORP NL N 2 2027-02-01 Fixed 5.40000000 N N N N N N CHAMPION PATH HOLDINGS 549300QWJFPV5413KI88 Champion Path Holdings Ltd 000000000 650000.00000000 PA USD 616664.23000000 0.168850025902 Long DBT CORP VG N 2 2026-01-27 Fixed 4.50000000 N N N N N N 3R LUX SARL N/A 3R Lux SARL 88563PAA6 500000.00000000 PA USD 499125.00000000 0.136666381928 Long DBT CORP LU N 2 2031-02-05 Fixed 9.75000000 N N N N N N Wynn Macau Ltd 254900NMDQ8ENTHU1I31 Wynn Macau Ltd 98313RAD8 1000000.00000000 PA USD 940902.00000000 0.257630197023 Long DBT CORP KY N 2 2027-10-01 Fixed 5.50000000 N N N N N CAS CAPITAL NO1 LTD 254900REJZW5L9QRTD85 CAS Capital No 1 Ltd 000000000 1050000.00000000 PA USD 913521.00000000 0.250132952437 Long DBT CORP VG N 2 2026-07-12 Fixed 4.00000000 N N N N N N TURKIYE IS BANKASI A.S 789000FIRX9MDN0KTM91 Turkiye Is Bankasi AS 000000000 1050000.00000000 PA USD 1043687.40000000 0.285774066260 Long DBT CORP TR N 2 2030-01-22 Fixed 7.75000000 N N N N N N AGROSUPER SA 5493006KNWOGYPTZZ371 Agrosuper SA 00857LAA5 725000.00000000 PA USD 622005.41000000 0.170312504732 Long DBT CORP CL N 2 2032-01-20 Fixed 4.60000000 N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QCG5 925000.00000000 PA USD 867986.05000000 0.237664939680 Long DBT CORP MX N 2 2027-03-13 Fixed 6.50000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71643VAB1 1600000.00000000 PA USD 1307368.77000000 0.357973172335 Long DBT CORP MX N 2 2032-02-16 Fixed 6.70000000 N N N N N N CEMEX SAB DE CV 549300RIG2CXWN6IV731 Cemex SAB de CV 151290BZ5 1625000.00000000 PA USD 1449075.11000000 0.396774059456 Long DBT CORP MX N 2 2031-07-11 Fixed 3.88000000 N N N N N N INSTITUTO COSTARRICENSE 5493009VA6AFUB2Q0289 Instituto Costarricense de Electricidad 45777VAE7 450000.00000000 PA USD 448875.00000000 0.122907332207 Long DBT CORP CR N 2 2031-10-07 Fixed 6.75000000 N N N N N N BRASKEM AMERICA FINANCE 254900QMQAJ26H49CL75 Braskem America Finance Co 10554CAA0 375000.00000000 PA USD 318004.58000000 0.087073449306 Long DBT CORP US N 2 2041-07-22 Fixed 7.13000000 N N N N N N CONTINUUM ENERGY AURA 984500AB52D7C8GC2E33 Continuum Energy Aura Pte Ltd 21218JAB8 625000.00000000 PA USD 649215.51000000 0.177762954857 Long DBT CORP SG N 2 2027-02-24 Fixed 9.50000000 N N N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AU4 1159615.43000000 PA USD 1162950.48000000 0.318429720938 Long DBT CORP AR N 2 2026-02-12 Fixed 9.00000000 N N N N N N CIA DE MINAS BUENAVENTUR 529900WQB1ZU9KB6EL71 Cia de Minas Buenaventura SAA 204448AA2 775000.00000000 PA USD 741365.31000000 0.202994669882 Long DBT CORP PE N 2 2026-07-23 Fixed 5.50000000 N N N N N N JSW STEEL LTD 335800EK6HZSC4CVAJ09 JSW Steel Ltd 46635UAC3 750000.00000000 PA USD 700757.62000000 0.191875799717 Long DBT CORP IN N 2 2027-04-05 Fixed 3.95000000 N N N N N N Medco Oak Tree Pte Ltd 254900AU06KP3JTGZL51 Medco Oak Tree Pte Ltd 58405FAA3 675000.00000000 PA USD 672347.61000000 0.184096799913 Long DBT CORP SG N 2 2026-05-14 Fixed 7.38000000 N N N N N N TELECOM OF TRIN & TOBAGO 5299007N4G3EZWXAMB76 Telecommunications Services of Trinidad & Tobago Ltd 87929TAA9 325000.00000000 PA USD 300951.63000000 0.082404148074 Long DBT CORP TT N 2 2029-10-18 Fixed 8.88000000 N N N N N N GLORY LAND 213800RH1GJT3SVZ7176 Glory Health Industry Ltd 000000000 200000.00000000 PA USD 14000.00000000 0.003833367086 Long DBT CORP KY N 2 2024-01-25 None 0.00000000 Y N N N N N CONTINUUM ENERGY LEVANTE 254900MFSMO37F3WJ232 Continuum Energy Levanter Pte Ltd 21218MAB1 713000.00000000 PA USD 679989.21000000 0.186189161194 Long DBT CORP SG N 2 2027-02-09 Fixed 4.50000000 N N N N N N TAV HAVALIMANLARI HOLDIN 789000PBM9TT5D88M597 TAV Havalimanlari Holding AS 87216EAA4 575000.00000000 PA USD 589369.25000000 0.161376334620 Long DBT CORP TR N 2 2028-12-07 Fixed 8.50000000 N N N N N N UKRAINE RAIL (RAIL CAPL) 213800IW9C7PR3HKI783 Ukraine Railways Via Rail Capital Markets PLC 000000000 1100000.00000000 PA USD 635250.00000000 0.173939031545 Long DBT CORP GB N 2 2026-07-09 Fixed 8.25000000 N Y N N N N BANCO BTG PACTUAL/CAYMAN 2549002JHJ73KGETOK78 Banco BTG Pactual SA/Cayman Islands 05971AAE1 675000.00000000 PA USD 664594.00000000 0.181973768958 Long DBT CORP BR N 2 2025-01-10 Fixed 4.50000000 N N N N N N UZAUTO MOTORS AJ 25490082QA3E2MKBZI88 Uzauto Motors AJ 46653NAA0 400000.00000000 PA USD 359960.00000000 0.098561344029 Long DBT CORP UZ N 2 2026-05-04 Fixed 4.85000000 N N N N N N GENER MEDIT/CENT TERMICA N/A Generacion Mediterranea SA / Central Termica Roca SA 36875KAD3 396900.00000000 PA USD 355225.50000000 0.097264981424 Long DBT CORP AR N 2 2027-12-01 Fixed 9.88000000 N N N N N N YUEXIU REIT MTN CO 3003005M4VITX5HI1X77 Yuexiu REIT MTN Co Ltd 000000000 550000.00000000 PA USD 485958.62000000 0.133061269947 Long DBT VG N 2 2026-02-02 Fixed 2.65000000 N N N N N N CAMPOSOL SA 5493008B0STMH3JFSW17 Camposol SA 134638AE5 550000.00000000 PA USD 399511.75000000 0.109391085219 Long DBT CORP PE N 2 2027-02-03 Fixed 6.00000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NBG3 225000.00000000 PA USD 216990.68000000 0.059414637911 Long DBT CORP NL N 2 2050-06-03 Fixed 6.75000000 N N N N N HPCL-MITTAL ENERGY LTD 3358008CSQJBZUGQXP26 HPCL-Mittal Energy Ltd 000000000 550000.00000000 PA USD 532353.62000000 0.145764774659 Long DBT CORP IN N 2 2027-04-28 Fixed 5.25000000 N N N N N N ARABIAN CENTRES SUKUK II 549300X92PKHJD8UYG94 Arabian Centres Sukuk II Ltd 03847QAA1 1300000.00000000 PA USD 1200791.80000000 0.328791125980 Long DBT CORP KY N 2 2026-10-07 Fixed 5.63000000 N N N N N N STUDIO CITY FINANCE LTD 254900D6R731QAUIG324 Studio City Finance Ltd 86389QAF9 675000.00000000 PA USD 626511.38000000 0.171546293096 Long DBT CORP VG N 2 2028-01-15 Fixed 6.50000000 N N N N N N ARIS MINING CORP 5493001GJ5TILX6L1F82 Aris Mining Corp 38501DAR6 450000.00000000 PA USD 393876.98000000 0.107848217944 Long DBT CORP CA N 2 2026-08-09 Fixed 6.88000000 N N N N N N GLOBAL BANK CORPORATION 5493005ROG3FS85TE513 Global Bank Corp 37954JAC0 500000.00000000 PA USD 461632.50000000 0.126400487965 Long DBT CORP PA N 2 2029-04-16 Fixed 5.25000000 N N N N N N FORTUNE STAR BVI LTD 2549008CU8NYQQRSNU62 Fortune Star BVI Ltd 000000000 750000.00000000 PA USD 632074.65000000 0.173069582818 Long DBT CORP VG N 2 2026-05-18 Fixed 5.00000000 N N N N N N IHS NETHERLANDS HOLDCO 5493006Z6YQYCCN2XI74 IHS Netherlands Holdco BV 44963LAC0 1450000.00000000 PA USD 1340130.60000000 0.366943752393 Long DBT CORP NL N 2 2027-09-18 Fixed 8.00000000 N N N N N N FIVE HOLDING LTD N/A Five Holding Ltd 33829QAA0 500000.00000000 PA USD 499375.00000000 0.136734834912 Long DBT CORP AE N 2 2028-10-03 Fixed 9.38000000 N N N N N N ECOPETROL SA 254900IDGKCJICKBPA66 Ecopetrol SA 279158AQ2 700000.00000000 PA USD 502390.00000000 0.137560377895 Long DBT CORP CO N 2 2051-11-02 Fixed 5.88000000 N N N N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AV2 975000.00000000 PA USD 950626.46000000 0.260292870230 Long DBT CORP AR N 2 2029-06-30 Fixed 9.00000000 N N N N N N CSN RESOURCES SA 222100ZEX458NMOXZP08 CSN Resources SA 12644VAF5 325000.00000000 PA USD 333625.50000000 0.091350643634 Long DBT CORP LU N 2 2030-12-05 Fixed 8.88000000 N N N N N N STUDIO CITY FINANCE LTD 254900D6R731QAUIG324 Studio City Finance Ltd 86389QAG7 1489000.00000000 PA USD 1272469.62000000 0.348417368553 Long DBT CORP VG N 2 2029-01-15 Fixed 5.00000000 N N N N N N Rio Oil Finance Trust N/A Rio Oil Finance Trust Series 2014-3 76716XAB8 233537.61000000 PA USD 242399.19000000 0.066371791193 Long DBT CORP US N 2 2027-01-06 Fixed 9.75000000 N N N N N N GRUPO AXO SA DE CV 4469000001BNKIG58H20 Grupo Axo SAPI de CV 40054MAA0 475000.00000000 PA USD 444212.12000000 0.121630580013 Long DBT CORP MX N 2 2026-06-08 Fixed 5.75000000 N N N N N N PROVINCIA DE MENDOZA 529900FD2SD2M48A6753 Provincia de Mendoza Argentina 586805AJ2 719230.50000000 PA USD 595810.55000000 0.163140039435 Long DBT NUSS AR N 2 2029-03-19 Variable 5.75000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NBD0 350000.00000000 PA USD 343205.98000000 0.093973893399 Long DBT CORP NL N 2 2049-03-19 Fixed 6.90000000 N N N N N N BANCO GENERAL SA 549300B5C08LGDFB7205 Banco General SA 059597AF1 550000.00000000 PA USD 469397.50000000 0.128526637638 Long DBT CORP PA N 2 2031-05-07 Fixed 5.25000000 N N N N N N AMAGGI LUX INTL SARL N/A Amaggi Luxembourg International Sarl 02265WAA3 500000.00000000 PA USD 487056.90000000 0.133361992118 Long DBT CORP LU N 2 2028-01-28 Fixed 5.25000000 N N N N N N COSAN LUXEMBOURG SA 222100ZY943WERK7RZ38 Cosan Luxembourg SA 22113AAB1 525000.00000000 PA USD 497505.19000000 0.136222858618 Long DBT CORP LU N 2 2029-09-20 Fixed 5.50000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QBX9 150000.00000000 PA USD 88772.72000000 0.024307030215 Long DBT CORP MX N 2 2046-01-23 Fixed 5.63000000 N N N N N N LI & FUNG LTD 254900B5ACVOJC6VNM71 Li & Fung Ltd 000000000 400000.00000000 PA USD 386993.63000000 0.105963474563 Long DBT CORP BM N 2 2025-08-18 Fixed 5.00000000 N N N N N N ENN CLEAN ENERGY 3003009YZ3S5V395NR77 ENN Clean Energy International Investment Ltd 268733AA0 1000000.00000000 PA USD 945070.91000000 0.258771694335 Long DBT CORP VG N 2 2026-05-12 Fixed 3.38000000 N N N N N N PROVINCE OF NEUQUEN 549300X5HUL4FRDNBN35 Provincia de Neuquen Argentina 64131GAA0 500000.00000000 PA USD 415000.00000000 0.113631952918 Long DBT NUSS AR N 2 2030-04-27 Variable 6.75000000 N N N N N N QNB FINANSBANK AS/TURKEY 789000Q21SW842S9IJ58 QNB Finansbank AS 000000000 450000.00000000 PA USD 488254.50000000 0.133689909291 Long DBT CORP TR N 2 2033-11-15 Fixed 10.75000000 N N N N N N NOGAHOLDING SUKUK 54930062R6OFRHBRAI29 Nogaholding Sukuk Ltd 000000000 1150000.00000000 PA USD 1194477.40000000 0.327062167900 Long DBT CORP KY N 2 2033-05-25 Fixed 6.63000000 N N N N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AL4 1750000.00000000 PA USD 1688954.00000000 0.462455762431 Long DBT CORP AR N 2 2025-07-28 Fixed 8.50000000 N N N N N N ITTIHAD INTERNATIONAL 2549003ERUOB9GHDTJ15 Ittihad International Ltd 45070GAA2 500000.00000000 PA USD 508750.00000000 0.139301821800 Long DBT CORP KY N 2 2028-11-09 Fixed 9.75000000 N N N N N N BIDVEST GROUP UK PLC 984500A80C777F496830 Bidvest Group UK PLC/The 88332EAA1 1125000.00000000 PA USD 1050063.75000000 0.287519986990 Long DBT CORP GB N 2 2026-09-23 Fixed 3.63000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NAK5 425000.00000000 PA USD 437042.38000000 0.119667419632 Long DBT CORP NL N 2 2044-03-17 Fixed 7.25000000 N N N N N N RUTAS 2 & 7 FINANCE LTD N/A Rutas 2 & 7 Finance Ltd 78319MAA1 649999.94000000 PA USD 439026.21000000 0.120210615962 Long DBT CORP KY N 2 2036-09-30 None 0.00000000 N N N N N N CA MAGNUM HOLDINGS 549300ZRDHFR078MFZ78 CA Magnum Holdings 12674CAA1 1425000.00000000 PA USD 1339250.82000000 0.366702858129 Long DBT CORP MU N 2 2026-10-31 Fixed 5.38000000 N N N N N N TOTAL PLAY TELECOM 4469000001BSAPAMOQ06 Total Play Telecomunicaciones SA de CV 89157FAC4 800000.00000000 PA USD 349700.00000000 0.095752033579 Long DBT CORP MX N 2 2028-09-20 Fixed 6.38000000 N N N N N N STUDIO CITY FINANCE LTD 254900D6R731QAUIG324 Studio City Finance Ltd 86389QAE2 800000.00000000 PA USD 789556.00000000 0.216189855947 Long DBT CORP VG N 2 2025-07-15 Fixed 6.00000000 N N N N N N NBM US HOLDINGS INC 5493008K1QMSP0J8UC24 NBM US Holdings Inc 62877VAB7 300000.00000000 PA USD 292788.12000000 0.080168881606 Long DBT CORP US N 2 2029-08-06 Fixed 6.63000000 N N N N N N ALPHA STAR HLD VII 54930009KEU618VJFE06 Alpha Star Holding VII Ltd 000000000 900000.00000000 PA USD 911773.80000000 0.249654548225 Long DBT CORP AE N 2 2026-04-27 Fixed 7.75000000 N N N N N N KOSMOS ENERGY LTD 213800YDFJ3OT9B5P157 Kosmos Energy Ltd 500688AD8 550000.00000000 PA USD 509333.00000000 0.139461454158 Long DBT CORP US N 2 2028-03-01 Fixed 7.50000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QBW1 250000.00000000 PA USD 235619.00000000 0.064515294252 Long DBT CORP MX N 2 2026-01-23 Fixed 4.50000000 N N N N N N NATIONAL GAS CO N/A National Gas Co of Trinidad & Tobago Ltd 636203AA9 525000.00000000 PA USD 486953.25000000 0.133333611511 Long DBT CORP TT N 2 2036-01-15 Fixed 6.05000000 N N N N N N TELFON CELUAR DEL PARAGU 254900R8A8IKGF4THL54 Telefonica Celular del Paraguay SA 87936VAB3 700000.00000000 PA USD 679400.60000000 0.186027992751 Long DBT CORP PY N 2 2027-04-15 Fixed 5.88000000 N N N N N N EMPRESAS PUBLIC MEDELLIN 549300SU25TO8EMXB434 Empresas Publicas de Medellin ESP 29246BAF5 900000.00000000 PA USD 735021.63000000 0.201257694587 Long DBT CORP CO N 2 2031-02-15 Fixed 4.38000000 N N N N N N NBM US Holdings Inc 5493008K1QMSP0J8UC24 NBM US Holdings Inc 62877VAA9 500000.00000000 PA USD 501593.50000000 0.137342286689 Long DBT CORP US N 2 2026-05-14 Fixed 7.00000000 N N N N N N GLP PTE LTD 254900PC2NNG9BLIJO15 GLP Pte Ltd 000000000 200000.00000000 PA USD 73808.49000000 0.020209645447 Long DBT CORP SG N 2 2027-06-29 Fixed 4.60000000 N N N N N N NPC UKRENERGO 8945009LCLS92V4AK321 NPC Ukrenergo 63718LAA2 1100000.00000000 PA USD 315700.00000000 0.086442427798 Long DBT CORP UA N 2 2028-11-09 Fixed 6.88000000 N Y N N N N Peru LNG Srl 254900F70J1LOALV5K70 Peru LNG Srl 715604AA2 1325000.00000000 PA USD 1091842.14000000 0.298959408786 Long DBT CORP PE N 2 2030-03-22 Fixed 5.38000000 N N N N N N TERMOCANDELARIA POWER 549300YDORW43JL6G659 Termocandelaria Power Ltd 880879AA9 35000.00000000 PA USD 34332.55000000 0.009400661940 Long DBT CORP KY N 2 2029-01-30 Fixed 7.88000000 N N N N N N NEW METRO GLOBAL LTD 549300HJRNTCANEH0D47 New Metro Global Ltd 000000000 400000.00000000 PA USD 117000.00000000 0.032035996364 Long DBT CORP VG N 2 2025-10-15 Fixed 4.63000000 N N N N N N PUMA INTERNATIONAL FINAN 222100YFBPO7IDRUBR17 Puma International Financing SA 000000000 1000000.00000000 PA USD 949664.97000000 0.260029602792 Long DBT CORP LU N 2 2026-01-24 Fixed 5.00000000 N N N N N N NOGAHOLDING SUKUK 54930062R6OFRHBRAI29 Nogaholding Sukuk Ltd 65526QAA8 750000.00000000 PA USD 727781.25000000 0.199275192131 Long DBT CORP KY N 2 2029-04-08 Fixed 5.25000000 N N N N N N DIAMOND II LTD 254900KL4GQ2XC50XL44 Diamond II Ltd 25276VAA3 575000.00000000 PA USD 583056.60000000 0.159647855710 Long DBT CORP MU N 2 2026-07-28 Fixed 7.95000000 N N N N N N Petrobras Global Finance BV 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NAN9 700000.00000000 PA USD 650301.73000000 0.178060374857 Long DBT CORP NL N 2 2115-06-05 Fixed 6.85000000 N N N N N N GEORGIAN RAILWAY JSC 2138005UZV4ZT2B2ZO19 Georgian Railway JSC 37363BAB4 775000.00000000 PA USD 710871.85000000 0.194645196602 Long DBT CORP GE N 2 2028-06-17 Fixed 4.00000000 N N N N N N FORTUNE STAR BVI LTD 2549008CU8NYQQRSNU62 Fortune Star BVI Ltd 000000000 1000000.00000000 PA USD 907500.00000000 0.248484330778 Long DBT CORP VG N 2 2025-10-19 Fixed 5.95000000 N N N N N N Kosmos Energy Ltd 213800YDFJ3OT9B5P157 Kosmos Energy Ltd 500688AC0 975000.00000000 PA USD 938666.63000000 0.257018126038 Long DBT CORP US N 2 2026-04-04 Fixed 7.13000000 N N N N N NATURA COSMETICOS SA N/A Natura Cosmeticos SA 63883KAB1 300000.00000000 PA USD 276423.90000000 0.075688162868 Long DBT CORP BR N 2 2028-05-03 Fixed 4.13000000 N N N N N N TEVA PHARMACEUTICAL INDU 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAP6 1075000.00000000 PA USD 1040062.50000000 0.284781525378 Long DBT CORP NL N 2 2027-05-09 Fixed 4.75000000 N N N N N N AI CANDELARIA SPAIN SLU 213800L5KA2MJ5FKRZ02 AI Candelaria Spain SA 00870WAA4 825000.00000000 PA USD 638187.85000000 0.174743449937 Long DBT CORP ES N 2 2033-06-15 Fixed 5.75000000 N N N N N N Oztel Holdings SPC Ltd 549300RABIG0RH4JYT64 Oztel Holdings SPC Ltd 692733AB4 975000.00000000 PA USD 1010843.93000000 0.276781132196 Long DBT CORP AE N 2 2028-04-24 Fixed 6.63000000 N N N N N N ENDEAVOUR MINING PLC 529900NI5MXQ91GHXR07 Endeavour Mining PLC 29261HAA3 775000.00000000 PA USD 716806.80000000 0.196270256744 Long DBT CORP GB N 2 2026-10-14 Fixed 5.00000000 N N N N N ERO COPPER CORP 549300KL8A21SEIO8I47 ERO Copper Corp 296006AA7 250000.00000000 PA USD 228385.00000000 0.062534538716 Long DBT CORP CA N 2 2030-02-15 Fixed 6.50000000 N N N N N N NEW METRO GLOBAL LTD 549300HJRNTCANEH0D47 New Metro Global Ltd 000000000 500000.00000000 PA USD 126242.50000000 0.034566703171 Long DBT CORP VG N 2 2026-05-02 Fixed 4.50000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NAQ2 175000.00000000 PA USD 186063.15000000 0.050946311085 Long DBT CORP NL N 2 2026-05-23 Fixed 8.75000000 N N N N N N CT TRUST 213800MJB7WO427HQD34 CT Trust 12659BAA2 1225000.00000000 PA USD 1079010.63000000 0.295445988208 Long DBT CORP GT N 2 2032-02-03 Fixed 5.13000000 N N N N N N MELCO RESORTS FINANCE 5493000FQDBWKDBZEF60 Melco Resorts Finance Ltd 58547DAD1 1450000.00000000 PA USD 1296795.70000000 0.355078139582 Long DBT CORP KY N 2 2029-12-04 Fixed 5.38000000 N N N N N N BAPCO ENERGIES BSCC 549300OBH16L6TS6IW50 Bapco Energies BSCC 67778M2D1 650000.00000000 PA USD 708994.65000000 0.194131196838 Long DBT CORP BH N 2 2028-11-07 Fixed 8.38000000 N N N N N N IPOTEKA-BANK ATIB 213800UWVX5JSNXJS434 Ipoteka-Bank ATIB 000000000 400000.00000000 PA USD 378328.00000000 0.103590721647 Long DBT CORP UZ N 2 2025-11-19 Fixed 5.50000000 N N N N N N TURKIYE VAKIFLAR BANKASI 789000KAIHOLSQKQ9858 Turkiye Vakiflar Bankasi TAO 90015WAK9 1125000.00000000 PA USD 1116246.38000000 0.305641580957 Long DBT CORP TR N 2 2026-01-08 Fixed 6.50000000 N N N N N ORAZUL ENERGY PERU SA N/A Orazul Energy Peru SA 68559BAA5 500000.00000000 PA USD 473105.00000000 0.129541795386 Long DBT CORP PE N 2 2027-04-28 Fixed 5.63000000 N N N N N N Provincia de Cordoba 5299006CLM2Z97AATT29 Provincia de Cordoba 74408DAD6 757201.00000000 PA USD 620904.82000000 0.170011150055 Long DBT NUSS AR N 2 2027-06-01 Variable 6.99000000 N N N N N N BANISTMO SA 549300E94AMW3HSSMU17 Banistmo SA 06034LAB6 550000.00000000 PA USD 517418.00000000 0.141675223650 Long DBT CORP PA N 2 2027-07-31 Fixed 4.25000000 N N N N N N BANCO DO BRASIL (CAYMAN) QE0Q0253K88YAGNPE356 Banco do Brasil SA/Cayman 05959LAF0 450000.00000000 PA USD 445153.19000000 0.121888256210 Long DBT CORP BR N 2 2025-01-15 Fixed 4.63000000 N N N N N N BRASKEM NETHERLANDS 2549000TLMHFQ74DS330 Braskem Netherlands Finance BV 10554TAD7 1000000.00000000 PA USD 792088.60000000 0.216883312053 Long DBT CORP NL N 2 2030-01-31 Fixed 4.50000000 N N N N N N CEMEX SAB DE CV 549300RIG2CXWN6IV731 Cemex SAB de CV 151290BV4 1100000.00000000 PA USD 1093370.63000000 0.299377927590 Long DBT CORP MX N 2 2029-11-19 Fixed 5.45000000 N N N N N N TEVA PHARM FIN CO LLC 5493006PITD7MU7WW480 Teva Pharmaceutical Finance Co LLC 88163VAD1 850000.00000000 PA USD 815639.09000000 0.223331717284 Long DBT CORP US N 2 2036-02-01 Fixed 6.15000000 N N N N N KOC Holding AS 7890005U0H950VH19H45 KOC Holding AS 49989AAC3 1050000.00000000 PA USD 1052016.00000000 0.288054536340 Long DBT CORP TR N 2 2025-03-11 Fixed 6.50000000 N N N N N N SIERRACOL ENRGY ANDINA N/A SierraCol Energy Andina LLC 82653LAA9 858000.00000000 PA USD 723590.01000000 0.198127580598 Long DBT CORP US N 2 2028-06-15 Fixed 6.00000000 N N N N N N OTP BANK NYRT 529900W3MOO00A18X956 OTP Bank Nyrt 000000000 950000.00000000 PA USD 983725.00000000 0.269355645504 Long DBT CORP HU N 2 2033-05-15 Fixed 8.75000000 N N N N N N MULTIBANK INC. 549300QXX3SGZZ4OEU72 Multibank Inc 625454AB9 400000.00000000 PA USD 407750.00000000 0.111646816391 Long DBT CORP PA N 2 2028-02-03 Fixed 7.75000000 N N N N N N DIGICEL GROUP HOLDINGS N/A Digicel Group Holdings Ltd 25381HAD0 378407.00000000 PA USD 104690.08000000 0.028665393353 Long DBT CORP BM N 2 2030-12-31 None 0.00000000 N N N N N N DIGICEL MIDCO LTD N/A DIGICEL MIDCO LTD 000000000 666551.81000000 PA USD 404730.26000000 0.110819975539 Long DBT CORP BM N 2 2028-05-25 Fixed 10.50000000 N N N N N N PD SUKUK LTD 549300HHJBXEVFTBRI94 PD Sukuk Ltd 000000000 600000.00000000 PA USD 617778.00000000 0.169154989421 Long DBT CORP KY N 2 2025-09-23 Fixed 8.75000000 N N N N N N BUKIT MAKMUR MANDIRI UTA 254900Z05E8W7X31K395 Bukit Makmur Mandiri Utama PT 74445NAB3 500000.00000000 PA USD 492500.00000000 0.134852377860 Long DBT CORP ID N 2 2026-02-10 Fixed 7.75000000 N N N N N COSAN LUXEMBOURG SA 222100ZY943WERK7RZ38 Cosan Luxembourg SA 22112EAE8 500000.00000000 PA USD 505000.00000000 0.138275027044 Long DBT CORP LU N 2 2031-06-27 Fixed 7.25000000 N N N N N N CSN RESOURCES SA 222100ZEX458NMOXZP08 CSN Resources SA 12644VAD0 525000.00000000 PA USD 427576.54000000 0.117075559667 Long DBT CORP LU N 2 2031-06-10 Fixed 4.63000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QCL4 375000.00000000 PA USD 231817.87000000 0.063474499492 Long DBT CORP MX N 2 2048-02-12 Fixed 6.35000000 N N N N N N AEGEA FINANCE SARL 213800V6WTKUT1XWIZ47 Aegea Finance Sarl 00775CAB2 350000.00000000 PA USD 339880.45000000 0.093063323595 Long DBT CORP LU N 2 2029-05-20 Fixed 6.75000000 N N N N N N MC BRAZIL DWNSTRM 213800T2A7R9TYNXZI63 MC Brazil Downstream Trading SARL 55292WAA8 1140901.61000000 PA USD 877862.88000000 0.240369333611 Long DBT CORP LU N 2 2031-06-30 Fixed 7.25000000 N N N N N N PROVINCIA DE CORDOBA 5299006CLM2Z97AATT29 Provincia de Cordoba 74408DAE4 581927.00000000 PA USD 445174.16000000 0.121893998046 Long DBT NUSS AR N 2 2029-02-01 Fixed 6.88000000 N N Y N N N ULTRAPAR INTERNATIONL SA 222100CXHWBP3H3SK244 Ultrapar International SA 90401CAC3 200000.00000000 PA USD 192415.00000000 0.052685523423 Long DBT CORP LU N 2 2029-06-06 Fixed 5.25000000 N N N N N N SASOL Financing USA LLC 549300XRB1PFMESFEL85 Sasol Financing USA LLC 80386WAB1 1150000.00000000 PA USD 1089500.69000000 0.298318291832 Long DBT CORP US N 2 2028-09-27 Fixed 6.50000000 N N N N N CSN ISLANDS XI CORP 222100R8R68DM7VM3661 CSN Inova Ventures 12642KAB0 825000.00000000 PA USD 791593.04000000 0.216747621811 Long DBT CORP KY N 2 2028-01-28 Fixed 6.75000000 N N N N N N USIMINAS INTERNATIONAL 529900KLYX6QPXVIVP43 Usiminas International Sarl 91734JAA8 500000.00000000 PA USD 490592.65000000 0.134330122666 Long DBT CORP LU N 2 2026-07-18 Fixed 5.88000000 N N N N N N AVIANCA MIDCO 2 LTD N/A Avianca Midco 2 PLC 05368PAB5 225000.00000000 PA USD 202220.71000000 0.055370443850 Long DBT CORP GB N 2 2028-12-01 Fixed 9.00000000 N N N N N N ZHANGZHOU TRANS DVLP CO 254900BXWGGQ9UHVFT77 Zhangzhou Transportation Development Group Co Ltd 000000000 800000.00000000 PA USD 788087.07000000 0.215787645382 Long DBT CORP CN N 2 2025-06-01 Fixed 4.98000000 N N N N N N EMPRESA GEN ELEC HAINA 549300Y36L5LRW5RH373 Empresa Generadora de Electricidad Haina SA 29249FAA4 400000.00000000 PA USD 360872.00000000 0.098811060514 Long DBT CORP DO N 2 2028-11-08 Fixed 5.63000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAK7 1325000.00000000 PA USD 1359317.50000000 0.372197354604 Long DBT CORP NL N 2 2028-03-01 Fixed 6.75000000 N N N N N N Pampa Energia SA 254900QNIK0CVURGML24 Pampa Energia SA 697660AA6 950000.00000000 PA USD 900306.51000000 0.246514667364 Long DBT CORP AR N 2 2027-01-24 Fixed 7.50000000 N N N N N N B3 SA-BRASIL BOLSA BALCA 4GTK5S46E6H318LMDS44 B3 SA - Brasil Bolsa Balcao 11778EAA4 425000.00000000 PA USD 370635.70000000 0.101484478101 Long DBT CORP BR N 2 2031-09-20 Fixed 4.13000000 N N N N N N DIGICEL GROUP HOLDINGS N/A Digicel Group Holdings Ltd 25381HAB4 167978.00000000 PA USD 46472.79000000 0.012724804542 Long DBT CORP BM N 2 2030-12-31 None 0.00000000 N N N N N N UZBEKNEFTEGAZ JSC 213800LUZJZFLJD4MJ51 Uzbekneftegaz JSC 91825MAB9 950000.00000000 PA USD 795735.20000000 0.217881794654 Long DBT NUSS UZ N 2 2028-11-16 Fixed 4.75000000 N N N N N N MAF GLOBAL SECURITIES 54930037VUDNYTS17017 MAF Global Securities Ltd 000000000 800000.00000000 PA USD 827148.00000000 0.226482994198 Long DBT CORP KY N 2 2027-06-30 Fixed 7.88000000 N N N N N N TURKIYE SINAI KALKINMA B 549300MFCXK5HOOEWP84 Turkiye Sinai Kalkinma Bankasi AS 90015YAE9 400000.00000000 PA USD 426380.00000000 0.116747932735 Long DBT CORP TR N 2 2028-10-19 Fixed 9.38000000 N N N N N N ARDSHININVESTBK (DILIJAN 549300DCGXFXAP2FEV07 Ardshinbank CJSC Via Dilijan Finance BV 254032AC9 425000.00000000 PA USD 419169.00000000 0.114773474874 Long DBT CORP NL N 2 2025-01-28 Fixed 6.50000000 N N N N N N STILLWATER MINING CO 6354007DPCY4ZN2MRR73 Stillwater Mining Co 86074QAP7 925000.00000000 PA USD 820475.00000000 0.224655847157 Long DBT CORP US N 2 2026-11-16 Fixed 4.00000000 N N N N N N INVERSIONES ATLANTIDA SA N/A Inversiones Atlantida SA 46137GAB9 275000.00000000 PA USD 266113.38000000 0.072865019438 Long DBT CORP HN N 2 2026-05-19 Fixed 7.50000000 N N N N N N STUDIO CITY CO LTD N/A Studio City Co Ltd 86400GAC3 500000.00000000 PA USD 495000.15000000 0.135536948769 Long DBT CORP VG N 2 2027-02-15 Fixed 7.00000000 N N N N N MARB BONDCO PLC 254900PVA1EU6QM1JN57 MARB BondCo PLC 566007AC4 800000.00000000 PA USD 640675.15000000 0.175424502362 Long DBT CORP GB N 2 2031-01-29 Fixed 3.95000000 N N N N N N Rede D'or Finance Sarl 549300FDE772OLJUCP79 Rede D'or Finance Sarl 75735KAA7 300000.00000000 PA USD 284715.00000000 0.077958365000 Long DBT CORP LU N 2 2028-01-17 Fixed 4.95000000 N N N N N N TELECOM ARGENTINA SA 549300MKPIRSJD8SB782 Telecom Argentina SA 879273AR1 575000.00000000 PA USD 545300.16000000 0.149309691825 Long DBT CORP AR N 2 2026-07-18 Fixed 8.00000000 N N N N N N PAKISTAN WATER & POWER 213800UA74QOTK6IES10 Pakistan Water & Power Development Authority 000000000 650000.00000000 PA USD 376721.80000000 0.103150924917 Long DBT NUSS PK N 2 2031-06-04 Fixed 7.50000000 N N N N N N TRANSNET SOC LTD 378900B07CD6F01EA796 Transnet SOC Ltd 89378TAD5 1400000.00000000 PA USD 1410600.80000000 0.386239334197 Long DBT CORP ZA N 2 2028-02-06 Fixed 8.25000000 N N N N N N ZORLU YENILENEBILIR 7890003XL281DFSLEQ74 Zorlu Yenilenebilir Enerji AS 98980HAA8 400000.00000000 PA USD 392000.00000000 0.107334278419 Long DBT CORP TR N 2 2026-06-01 Fixed 9.00000000 N N N N N N SAN MIGUEL INDUSTRIAS N/A SAN Miguel Industrias Pet SA / NG PET R&P Latin America SA 79911QAA2 525000.00000000 PA USD 454510.88000000 0.124450503414 Long DBT CORP PE N 2 2028-08-02 Fixed 3.50000000 N N N N N N JSW STEEL LTD 335800EK6HZSC4CVAJ09 JSW Steel Ltd 46635UAD1 725000.00000000 PA USD 643722.27000000 0.176258840185 Long DBT CORP IN N 2 2032-04-05 Fixed 5.05000000 N N N N N N ITAU UNIBANCO HLDG SA/KY 5493002W2IVG62O3ZJ94 Itau Unibanco Holding SA/Cayman Island 46556JAB5 325000.00000000 PA USD 318014.68000000 0.087076214807 Long DBT CORP BR N 2 2025-01-24 Fixed 3.25000000 N N N N N N BRASKEM IDESA SAPI YH0V7ZHY352ITDGEYB83 Braskem Idesa SAPI 10554NAB4 1650000.00000000 PA USD 1077270.96000000 0.294969645799 Long DBT CORP MX N 2 2032-02-20 Fixed 6.99000000 N N N N N N BRASKEM IDESA SAPI YH0V7ZHY352ITDGEYB83 Braskem Idesa SAPI 10554NAA6 1275000.00000000 PA USD 898737.94000000 0.246085174177 Long DBT CORP MX N 2 2029-11-15 Fixed 7.45000000 N N N N N N BANCO BRADESCO (CAYMAN) 549300CTUU1RFXHQJE44 Banco Bradesco SA/Cayman Islands 05947KBA7 350000.00000000 PA USD 338609.67000000 0.092715368865 Long DBT CORP KY N 2 2027-03-18 Fixed 4.38000000 N N N N N N NANYANG COMMERCIAL BANK SC4P6WZO702RYEIU7J93 Nanyang Commercial Bank Ltd 000000000 400000.00000000 PA USD 401414.18000000 0.109911993258 Long DBT CORP HK N 2 2028-03-07 Fixed 7.35000000 N N N N N N FIRST BNK NIGERIA (FBN F 213800WYQV2Q3TA9J649 First Bank of Nigeria Ltd Via FBN Finance Co BV 302406AC7 450000.00000000 PA USD 448447.50000000 0.122790277605 Long DBT CORP NL N 2 2025-10-27 Fixed 8.63000000 N N N N N N CITY OF BUENOS AIRES 5299007MC8RF52X0ON96 Ciudad Autonoma De Buenos Aires/Government Bonds 11942GAD4 1250000.00000000 PA USD 1212518.75000000 0.332002104849 Long DBT NUSS AR N 2 2027-06-01 Fixed 7.50000000 N N N N N N OFFICE CHERIFIEN DES PHO 213800D26TAPVTCVWG40 OCP SA 67091TAE5 925000.00000000 PA USD 670893.25000000 0.183698578788 Long DBT CORP MA N 2 2051-06-23 Fixed 5.13000000 N N N N N N BANK OF EAST ASIA LTD CO6GC26LCGGRTUESIP55 Bank of East Asia Ltd/The 000000000 1000000.00000000 PA USD 900625.00000000 0.246601873727 Long DBT CORP HK N 2 2025-10-21 Fixed 5.83000000 N N N N N N TURKIYE SINAI KALKINMA B 549300MFCXK5HOOEWP84 Turkiye Sinai Kalkinma Bankasi AS 90015YAB5 550000.00000000 PA USD 540005.40000000 0.147859923345 Long DBT CORP TR N 2 2026-01-14 Fixed 5.88000000 N N N N N N DAR AL-ARKAN SUKUK CO LT 5493000UYHRBXEIYUQ69 Dar Al-Arkan Sukuk Co Ltd 000000000 950000.00000000 PA USD 948966.40000000 0.259838325989 Long DBT CORP KY N 2 2025-02-15 Fixed 6.75000000 N N N N N N Eskom Holdings SOC Ltd 3789001900ED06F65111 Eskom Holdings SOC Ltd 29646AAB2 1800000.00000000 PA USD 1794690.00000000 0.491407541163 Long DBT CORP ZA N 2 2025-02-11 Fixed 7.13000000 N N N N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AS9 512000.00000000 PA USD 462649.09000000 0.126678842439 Long DBT CORP AR N 2 2029-06-27 Fixed 8.50000000 N N N N N N DELHI INTL AIRPORT 335800HBF5DARYMEUD12 Delhi International Airport Ltd 246725AB1 800000.00000000 PA USD 792794.40000000 0.217076568517 Long DBT CORP IN N 2 2026-10-31 Fixed 6.13000000 N N N N N N DELHI INTL AIRPORT 335800HBF5DARYMEUD12 Delhi International Airport Ltd 246724AA6 700000.00000000 PA USD 691769.40000000 0.189414717809 Long DBT CORP IN N 2 2029-06-04 Fixed 6.45000000 N N N N N N DAR AL-ARKAN SUKUK CO LT 5493000UYHRBXEIYUQ69 Dar Al-Arkan Sukuk Co Ltd 000000000 600000.00000000 PA USD 596595.00000000 0.163354831207 Long DBT CORP KY N 2 2027-02-26 Fixed 6.88000000 N N N N N N SIMPAR EUROPE SA 54930068BSUST41D5C30 Simpar Europe SA 82883PAA2 400000.00000000 PA USD 343390.00000000 0.094024280271 Long DBT CORP LU N 2 2031-01-26 Fixed 5.20000000 N N N N N N TURK IHRACAT KR BK 789000JVRVYLAXGDWR11 Turkiye Ihracat Kredi Bankasi AS 90015LAG2 750000.00000000 PA USD 784278.00000000 0.214744676555 Long DBT NUSS TR N 2 2026-01-31 Fixed 9.38000000 N N N N N N GFH SUKUK LTD N/A GFH Sukuk Ltd 000000000 650000.00000000 PA USD 646018.75000000 0.176887643817 Long DBT CORP KY N 2 2025-01-28 Fixed 7.50000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAF8 2123000.00000000 PA USD 1455272.34000000 0.398470934992 Long DBT CORP NL N 2 2046-10-01 Fixed 4.10000000 N N N N N N GREENKO DUTCH BV 724500PT585P4JPVRP08 Greenko Dutch BV 000000000 471750.00000000 PA USD 445214.06000000 0.121904923143 Long DBT CORP NL N 2 2026-03-29 Fixed 3.85000000 N N N N N N HPCL-MITTAL ENERGY LTD 3358008CSQJBZUGQXP26 HPCL-Mittal Energy Ltd 000000000 400000.00000000 PA USD 390298.80000000 0.106868469555 Long DBT CORP IN N 2 2026-10-22 Fixed 5.45000000 N N N N N N ARCOS DORADOS HOLDINGS I 54930023P2MIZN13DQ85 Arcos Dorados Holdings Inc 03965UAC4 550000.00000000 PA USD 544949.96000000 0.149213802885 Long DBT CORP VG N 2 2027-04-04 Fixed 5.88000000 N N N N N N ULKER BISKUVI SANAYI AS 7890009HEU9BS7J3DA93 Ulker Biskuvi Sanayi AS 903742AA2 900000.00000000 PA USD 885835.80000000 0.242552414262 Long DBT CORP TR N 2 2025-10-30 Fixed 6.95000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAE1 3550000.00000000 PA USD 3305463.97000000 0.905075484847 Long DBT CORP NL N 2 2026-10-01 Fixed 3.15000000 N N N N N N NEMAK SAB DE CV 5493000MY3DAIB0BP706 Nemak SAB de CV 64045DAC8 675000.00000000 PA USD 542486.84000000 0.148539371232 Long DBT CORP MX N 2 2031-06-28 Fixed 3.63000000 N N N N N WANDA PROPERTIES GLOBA 549300XK04MG2KHWVP36 Wanda Properties Global Co Ltd 000000000 550000.00000000 PA USD 390692.50000000 0.106976269314 Long DBT CORP VG N 2 2026-02-13 Fixed 11.00000000 N N N N N N ACCESS BANK PLC 029200328C3N9YI2D660 Access Bank PLC 00434G2B5 600000.00000000 PA USD 553441.80000000 0.151538970025 Long DBT CORP NG N 2 2026-09-21 Fixed 6.13000000 N N N N N N TRINIDAD GEN UNLTD N/A Trinidad Generation UnLtd 89636DAA4 850000.00000000 PA USD 834975.23000000 0.228626183188 Long DBT CORP TT N 2 2027-11-04 Fixed 5.25000000 N N N N N N FALABELLA SA 5493004CKJQ7H391LM41 Falabella SA 78386FAD8 500000.00000000 PA USD 446163.25000000 0.122164822693 Long DBT CORP CL N 2 2027-10-30 Fixed 3.75000000 N N N N N N EMBRAER NETHERLANDS FINA 724500PBR8LR26XBSP67 Embraer Netherlands Finance BV 29082HAC6 325000.00000000 PA USD 336030.83000000 0.092009251695 Long DBT CORP NL N 2 2028-01-17 Fixed 6.95000000 N N N N N N AEROPUERTOS DOMINICANOS 254900KJA5MXNPYB4W32 Aeropuertos Dominicanos Siglo XXI SA 007866AC0 500000.00000000 PA USD 501945.00000000 0.137438531584 Long DBT CORP DO N 2 2029-03-30 Fixed 6.75000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QDP4 450000.00000000 PA USD 445307.49000000 0.121930505392 Long DBT CORP MX N 2 2033-02-07 Fixed 10.00000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 706451BG5 650000.00000000 PA USD 489671.52000000 0.134077906279 Long DBT CORP MX N 2 2035-06-15 Fixed 6.63000000 N N N N N N ZIRAAT KATILIM VARLIK 789000NE04RSMGOX9737 Ziraat Katilim Varlik Kiralama AS 000000000 700000.00000000 PA USD 739431.00000000 0.202465032718 Long DBT CORP TR N 2 2026-11-12 Fixed 9.38000000 N N N N N N PETROLEOS MEXICANOS 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QDH2 225000.00000000 PA USD 223380.00000000 0.061164109982 Long DBT CORP MX N 2 2025-10-16 Fixed 6.88000000 N N N N N N FALABELLA SA 5493004CKJQ7H391LM41 Falabella SA 30607FAA8 1000000.00000000 PA USD 755294.20000000 0.206808566201 Long DBT CORP CL N 2 2032-01-15 Fixed 3.38000000 N N N N N N ANADOLU EFES BIR 7890006LGARYVIPOJX03 Anadolu Efes Biracilik Ve Malt Sanayii AS 032523AB8 775000.00000000 PA USD 673353.74000000 0.184372290315 Long DBT CORP TR N 2 2028-06-29 Fixed 3.38000000 N N N N N N MGM CHINA HOLDINGS LTD 529900VZFN87OS7WJM66 MGM China Holdings Ltd 55300RAG6 1000000.00000000 PA USD 934300.83000000 0.255822717893 Long DBT CORP KY N 2 2027-02-01 Fixed 4.75000000 N N N N N N Petrobras Global Finance BV 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NBH1 525000.00000000 PA USD 510637.21000000 0.139818562421 Long DBT CORP NL N 2 2031-01-03 Fixed 5.60000000 N N N N N N Petrobras Global Finance BV 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NBK4 500000.00000000 PA USD 496941.05000000 0.136068390353 Long DBT CORP NL N 2 2033-07-03 Fixed 6.50000000 N N N N N INTL AIRPORT FINANCE SA 959800M9M5LP0KXUP789 International Airport Finance SA 45900TAA0 610120.47000000 PA USD 621880.54000000 0.170278313836 Long DBT CORP ES N 2 2033-03-15 Fixed 12.00000000 N N N N N N SOUTHERN GAS CORRIDOR 213800DG58KG59XY6318 Southern Gas Corridor CJSC 84302LAA0 2850000.00000000 PA USD 2890783.50000000 0.791531023056 Long DBT CORP AZ N 2 2026-03-24 Fixed 6.88000000 N N N N N N LONGFOR HOLDINGS LTD 254900UJX27B2F1JYR13 Longfor Group Holdings Ltd 000000000 1250000.00000000 PA USD 559374.99000000 0.153163548258 Long DBT CORP KY N 2 2029-09-16 Fixed 3.95000000 N N N N N N CENTRAIS ELETRICAS BRASI 254900I8KYDELP4B4Z08 Centrais Eletricas Brasileiras SA 15236FAA8 350000.00000000 PA USD 341081.23000000 0.093392111490 Long DBT CORP BR N 2 2025-02-04 Fixed 3.63000000 N N N N N N PEGASUS HAVA TASIMACILIG 789000B1MW5PQ58A8T03 Pegasus Hava Tasimaciligi AS 705567AA3 550000.00000000 PA USD 564960.00000000 0.154692790652 Long DBT CORP TR N 2 2026-04-30 Fixed 9.25000000 N N N N N N CHINA OIL & GAS GROUP 52990063CVI7GDV4JZ06 China Oil & Gas Group Ltd 000000000 500000.00000000 PA USD 465782.24000000 0.127536736303 Long DBT CORP BM N 2 2026-06-30 Fixed 4.70000000 N N N N N N GLP PTE LTD 254900PC2NNG9BLIJO15 GLP Pte Ltd 000000000 1300000.00000000 PA USD 514410.00000000 0.140851597350 Long DBT CORP SG N 2 2026-05-17 Fixed 4.50000000 N N N N N N ECOPETROL SA 254900IDGKCJICKBPA66 Ecopetrol SA 279158AP4 1136000.00000000 PA USD 936215.02000000 0.256346845961 Long DBT CORP CO N 2 2031-11-02 Fixed 4.63000000 N N N N N N PLAYTIKA HOLDING CORP 254900E35Z4TKA4UFG64 Playtika Holding Corp 72815LAA5 850000.00000000 PA USD 730613.25000000 0.200050627531 Long DBT CORP US N 2 2029-03-15 Fixed 4.25000000 N N N N N N LATAM AIRLINES GROUP SA 549300HX3UUDPEFTG707 Latam Airlines Group SA 51818LAB4 1100000.00000000 PA USD 1266392.60000000 0.346753407949 Long DBT CORP CL N 2 2029-10-15 Fixed 13.38000000 N N N N N N NANYANG COMMERCIAL BANK SC4P6WZO702RYEIU7J93 Nanyang Commercial Bank Ltd 000000000 1050000.00000000 PA USD 1043090.33000000 0.285610581368 Long DBT CORP HK N 2 2027-04-28 Fixed 6.50000000 N N N N N N LEVIATHAN BOND LTD 254900D9T8VKYVQNZ220 Leviathan Bond Ltd 000000000 850000.00000000 PA USD 822850.15000000 0.225306191574 Long DBT CORP IL N 2 2025-06-30 Fixed 6.13000000 N N N N N N LEVIATHAN BOND LTD 254900D9T8VKYVQNZ220 Leviathan Bond Ltd 000000000 850000.00000000 PA USD 794323.30000000 0.217495199584 Long DBT CORP IL N 2 2027-06-30 Fixed 6.50000000 N N N N N N AKBANK TAS 789000TUMN63Z28TJ497 Akbank TAS 00971YAF7 825000.00000000 PA USD 815718.75000000 0.223353529143 Long DBT CORP TR N 2 2025-03-31 Fixed 5.13000000 N N N N N N ALSEA S.A. 4469000001BJLPKNUN21 Alsea SAB de CV 021151AA3 725000.00000000 PA USD 733893.58000000 0.200948821034 Long DBT CORP MX N 2 2026-12-14 Fixed 7.75000000 N N N N N N OmGrid Funding Ltd 549300L1HIVZ83RMAP18 OmGrid Funding Ltd 68217JAA2 900000.00000000 PA USD 886437.00000000 0.242717029997 Long DBT CORP KY N 2 2027-05-16 Fixed 5.20000000 N N N N N N YAPI VE KREDI BANKASI AS B85ZYWEZ5IZCZ2WNIO12 Yapi ve Kredi Bankasi AS 984848AR2 500000.00000000 PA USD 503125.00000000 0.137761629667 Long DBT CORP TR N 2 2034-01-17 Fixed 9.25000000 N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QCB6 600000.00000000 PA USD 585586.45000000 0.160340558833 Long DBT CORP MX N 2 2026-08-04 Fixed 6.88000000 N N N N N N KASIKORNBANK PCL HK 5493004COSQ54937AW41 Kasikornbank PCL/Hong Kong 000000000 1200000.00000000 PA USD 1112262.00000000 0.304550610160 Long DBT CORP TH N 2 2031-10-02 Fixed 3.34000000 N N N N N N POINSETTIA FINANCE LTD 549300P2JTF5JKW10Z65 Poinsettia Finance Ltd 73050QAA6 170500.00000000 PA USD 143359.81000000 0.039253626940 Long DBT CORP KY N 2 2031-06-17 Fixed 6.63000000 N N N N N N CABLE ONDA SA 5299008Q5GONPYNF9J32 Telecomunicaciones Digitales SA 12686LAA7 850000.00000000 PA USD 747205.25000000 0.204593715152 Long DBT CORP PA N 2 2030-01-30 Fixed 4.50000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71645WAS0 325000.00000000 PA USD 321613.50000000 0.088061614674 Long DBT CORP NL N 2 2041-01-27 Fixed 6.75000000 N N N N N N AZURE POWER ENERGY LTD 54930051LQDFHGQMHF47 Azure Power Energy Ltd 05502VAA1 561015.00000000 PA USD 516561.29000000 0.141440646227 Long DBT CORP MU N 2 2026-08-19 Fixed 3.58000000 N N N N N N Banco de Bogota SA 549300LYHE7LWSKDZT53 Banco de Bogota SA 059514AC3 1550000.00000000 PA USD 1531467.58000000 0.419334101075 Long DBT CORP CO N 2 2026-05-12 Fixed 6.25000000 N N N N N N TURK SISE VE CAM FABRIKA 789000KWOK751Q6R8875 Turkiye Sise ve Cam Fabrikalari AS 90016AAB6 975000.00000000 PA USD 978714.75000000 0.267983779258 Long DBT CORP TR N 2 2026-03-14 Fixed 6.95000000 N N N N N N CANPACK SA/CANPACK US N/A Canpack SA / Canpack US LLC 13805AAA5 525000.00000000 PA USD 502201.88000000 0.137508868394 Long DBT CORP XX N 2 2025-11-01 Fixed 3.13000000 N N N N N N STILLWATER MINING CO 6354007DPCY4ZN2MRR73 Stillwater Mining Co 86074QAQ5 750000.00000000 PA USD 591712.50000000 0.162017944436 Long DBT CORP US N 2 2029-11-16 Fixed 4.50000000 N N N N N N CONSOLIDATED ENERGY FIN 549300PUNIS0USNSL750 Consolidated Energy Finance SA 20914UAF3 700000.00000000 PA USD 573041.00000000 0.156905464896 Long DBT CORP LU N 2 2028-10-15 Fixed 5.63000000 N N N N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AW0 775000.00000000 PA USD 654756.89000000 0.179280250836 Long DBT CORP AR N 2 2033-09-30 Fixed 7.00000000 N N N N N N EMPRESAS PUBLIC MEDELLIN 549300SU25TO8EMXB434 Empresas Publicas de Medellin ESP 29246BAE8 1400000.00000000 PA USD 1207983.00000000 0.330760162366 Long DBT CORP CO N 2 2029-07-18 Fixed 4.25000000 N N N N N N GREENTOWN CHINA HLDGS 529900BLBC6YDNWS8530 Greentown China Holdings Ltd 000000000 550000.00000000 PA USD 498071.44000000 0.136377904626 Long DBT CORP KY N 2 2025-04-29 Fixed 4.70000000 N N N N N N AYDEM YENILENEBILIR ENER 9845009C50EDA74OA532 Aydem Yenilenebilir Enerji AS 054644AA7 1000000.00000000 PA USD 943393.00000000 0.258312262552 Long DBT CORP TR N 2 2027-02-02 Fixed 7.75000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAS0 650000.00000000 PA USD 701912.25000000 0.192191951191 Long DBT CORP NL N 2 2029-09-15 Fixed 7.88000000 N N N N N N ORYX FUNDING LTD 549300S728CF0BBRC295 Oryx Funding Ltd 67114NAA9 700000.00000000 PA USD 696517.50000000 0.190714804257 Long DBT CORP KY N 2 2031-02-03 Fixed 5.80000000 N N N N N N WYNN MACAU LTD 254900NMDQ8ENTHU1I31 Wynn Macau Ltd 98313RAG1 1525000.00000000 PA USD 1482483.00000000 0.405921538452 Long DBT CORP KY N 2 2026-01-15 Fixed 5.50000000 N N N N N N INDIA GREEN POWER HOLD 254900I7N0GT4VVL6V29 India Green Power Holdings 45410LAA0 650000.00000000 PA USD 602887.27000000 0.165077729830 Long DBT CORP MU N 2 2027-02-22 Fixed 4.00000000 N N N N N N RKPF OVERSEAS 2020 A LTD 254900LKOLISWWIE7W36 RKPF Overseas 2020 A Ltd 000000000 600000.00000000 PA USD 187890.00000000 0.051446524418 Long DBT CORP VG N 2 2026-01-12 Fixed 5.20000000 N N N N N N NEXA RESOURCES SA 549300QRMRHM7GAU7L47 Nexa Resources SA 65290DAA1 325000.00000000 PA USD 327514.53000000 0.089677387115 Long DBT CORP LU N 2 2028-01-18 Fixed 6.50000000 N N N N N N CEMEX SAB DE CV 549300RIG2CXWN6IV731 Cemex SAB de CV 151290CA9 1425000.00000000 PA USD 1358180.04000000 0.371885904481 Long DBT CORP MX N 2 2026-06-08 Fixed 5.13000000 N N N N N N BANCO DO BRASIL (CAYMAN) QE0Q0253K88YAGNPE356 Banco do Brasil SA/Cayman 05959LAH6 425000.00000000 PA USD 410240.52000000 0.112328750490 Long DBT CORP BR N 2 2029-01-11 Fixed 4.88000000 N N N N N N FIRST QUANTUM MINERALS L 549300I7UVBGWRYMYZ18 First Quantum Minerals Ltd 335934AT2 2125000.00000000 PA USD 1926301.88000000 0.527444444660 Long DBT CORP CA N 2 2027-10-15 Fixed 6.88000000 N N N N N N GMR HYDERABAD INTERNATIO 335800NSPGIN89SVOU83 GMR Hyderabad International Airport Ltd 36256WAA2 550000.00000000 PA USD 509437.50000000 0.139490067505 Long DBT CORP IN N 2 2027-10-27 Fixed 4.25000000 N N N N N N ISTANBUL METROPOLITAN MU 213800T1VDQSNKA2MD76 Istanbul Metropolitan Municipality 46522TAC2 1000000.00000000 PA USD 1058690.00000000 0.289881957192 Long DBT NUSS TR N 2 2028-12-06 Fixed 10.50000000 N N N N N N WANDA PROPERTIES GLOBA 549300XK04MG2KHWVP36 Wanda Properties Global Co Ltd 000000000 350000.00000000 PA USD 284375.00000000 0.077865268942 Long DBT CORP VG N 2 2025-01-20 Fixed 11.00000000 N N N N N N ISTANBUL METROPOLITAN MU 213800T1VDQSNKA2MD76 Istanbul Metropolitan Municipality 46522TAB4 475000.00000000 PA USD 504184.00000000 0.138051596506 Long DBT NUSS TR N 2 2027-04-12 Fixed 10.75000000 N N N N N N FORESEA HOLDING SA 254900BAD50AKYGIMV79 FORESEA Holding SA 262051AA3 200000.00000000 PA USD 184682.00000000 0.050568135732 Long DBT CORP LU N 2 2030-06-15 Fixed 7.50000000 N N N N N N FIDELITY BANK PLC 029200298A5K5WI0F567 Fidelity Bank PLC 316044AC0 500000.00000000 PA USD 463750.00000000 0.126980284736 Long DBT CORP NG N 2 2026-10-28 Fixed 7.63000000 N N N N N N KLABIN AUSTRIA GMBH 984500578YEA8DD41B09 Klabin Austria GmbH 49836AAC8 325000.00000000 PA USD 271094.98000000 0.074229040972 Long DBT CORP AT N 2 2031-01-12 Fixed 3.20000000 N N N N N N BAPCO ENERGIES BSCC 549300OBH16L6TS6IW50 Bapco Energies BSCC 67778M2A7 1500000.00000000 PA USD 1572142.50000000 0.430471379615 Long DBT CORP BH N 2 2027-10-25 Fixed 7.50000000 N N N N N N BAKRIE TELECOM PTE LTD N/A Bakrie Telecom Pte Ltd 000000000 111000.00000000 PA USD 901.88000000 0.000246945507 Long DBT CORP SG N 2 2015-05-07 None 0.00000000 Y N N N N N Eskom Holdings SOC Ltd 3789001900ED06F65111 Eskom Holdings SOC Ltd 29646AAD8 750000.00000000 PA USD 751435.50000000 0.205752008089 Long DBT CORP ZA N 2 2028-08-10 Fixed 8.45000000 N N N N N N AKBANK TAS 789000TUMN63Z28TJ497 Akbank TAS 00971YAJ9 650000.00000000 PA USD 640165.10000000 0.175284844585 Long DBT CORP TR N 2 2031-06-22 Fixed 6.80000000 N N N N N N RKPF OVERSEAS 2019 A LTD 254900P8BXRCW5458103 RKPF Overseas 2019 A Ltd 000000000 400000.00000000 PA USD 223200.00000000 0.061114823834 Long DBT CORP VG N 2 2025-09-04 Fixed 6.00000000 N N N N N N AXIAN TELECOM 984500C6FIA50FZSE337 Axian Telecom 05466AAA1 525000.00000000 PA USD 496781.25000000 0.136024635206 Long DBT CORP MU N 2 2027-02-16 Fixed 7.38000000 N N N N N N YPF ENERGIA ELECTRICA SA 5493002XN8FRTYQLR778 YPF Energia Electrica SA 98424MAA1 550000.00000000 PA USD 535209.79000000 0.146546828093 Long DBT CORP AR N 2 2026-07-25 Fixed 10.00000000 N N N N N N STATE OF MINAS GERAIS N/A Brazil Minas SPE via State of Minas Gerais 105860AA8 402500.00000000 PA USD 397384.23000000 0.108808544852 Long DBT CORP KY N 2 2028-02-15 Fixed 5.33000000 N N N N N N LIBERTY COSTA RICA SR SF 549300W6O2PHTPCYQ751 Liberty Costa Rica Senior Secured Finance 530371AA1 500000.00000000 PA USD 511645.96000000 0.140094770210 Long DBT CORP KY N 2 2031-01-15 Fixed 10.88000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NBE8 300000.00000000 PA USD 288550.18000000 0.079008483056 Long DBT CORP NL N 2 2030-01-15 Fixed 5.09000000 N N N N N N ECOPETROL SA 254900IDGKCJICKBPA66 Ecopetrol SA 279158AT6 1050000.00000000 PA USD 1111221.33000000 0.304265662294 Long DBT CORP CO N 2 2029-01-19 Fixed 8.63000000 N N N N N N MEDCO MAPLE TREE PTE LTD 254900T5AQZNR0THA508 Medco Maple Tree Pte Ltd 58407HAA7 650000.00000000 PA USD 667468.75000000 0.182760909817 Long DBT CORP SG N 2 2029-04-27 Fixed 8.96000000 N N N N N N SEASPAN CORP 5493007Z8Q1H45KT7W98 Seaspan Corp 81254UAK2 1000000.00000000 PA USD 852100.00000000 0.233315149594 Long DBT CORP MH N 2 2029-08-01 Fixed 5.50000000 N N N N N N TURKCELL ILETISIM HIZMET 7890003EX1LTLS2FFL84 Turkcell Iletisim Hizmetleri AS 900111AA3 675000.00000000 PA USD 666822.38000000 0.182583925997 Long DBT CORP TR N 2 2025-10-15 Fixed 5.75000000 N N N N N N MELCO RESORTS FINANCE 5493000FQDBWKDBZEF60 Melco Resorts Finance Ltd 58547DAE9 1150000.00000000 PA USD 1077226.62000000 0.294957504978 Long DBT CORP KY N 2 2028-07-21 Fixed 5.75000000 N N N N N N MIANYANG INVEST HOLD 3003004GLFUPO1M43910 Mianyang Investment Holding Group Co Ltd 000000000 400000.00000000 PA USD 400372.50000000 0.109626768842 Long DBT CORP CN N 2 2025-08-08 Fixed 6.70000000 N N N N N N WYNN MACAU LTD 254900NMDQ8ENTHU1I31 Wynn Macau Ltd 98313RAE6 1375000.00000000 PA USD 1224337.54000000 0.335238230605 Long DBT CORP KY N 2 2029-12-15 Fixed 5.13000000 N N N N N N JSW HYDRO ENERGY LTD 3358006ZP5KO7VUH2790 JSW Hydro Energy Ltd 46653YAA6 805000.00000000 PA USD 704966.68000000 0.193028290579 Long DBT CORP IN N 2 2031-05-18 Fixed 4.13000000 N N N N N N IND & COMM BK OF CHINA 5493002ERZU2K9PZDL40 Industrial & Commercial Bank of China Ltd 000000000 8900000.00000000 PA USD 8443717.83000000 2.311990715452 Long DBT CORP CN N 2 2026-09-24 Fixed 3.20000000 N N N N N N DIB Tier 1 Sukuk 3 Ltd 5493003VEAI5Y13OH244 DIB Tier 1 Sukuk 3 Ltd 000000000 1050000.00000000 PA USD 1049002.50000000 0.287229404074 Long DBT CORP KY N 2 2025-01-22 Fixed 6.25000000 N N N N N N STATE OIL CO OF THE AZER 2549002HARR1VE257O76 State Oil Co of the Azerbaijan Republic 000000000 1075000.00000000 PA USD 1111281.25000000 0.304282069105 Long DBT CORP AZ N 2 2030-03-18 Fixed 6.95000000 N N N N N N FS LUXEMBOURG SARL 222100EKR3JUJPGGOY81 FS Luxembourg Sarl 30315XAB0 300000.00000000 PA USD 314340.00000000 0.086070043566 Long DBT CORP LU N 2 2025-12-15 Fixed 10.00000000 N N N N N N MELCO RESORTS FINANCE 5493000FQDBWKDBZEF60 Melco Resorts Finance Ltd 58547DAB5 950000.00000000 PA USD 909031.25000000 0.248903605303 Long DBT CORP KY N 2 2026-04-26 Fixed 5.25000000 N N N N N CHINA CITIC BANK INTL 54930034UPFJV0NHXV95 China CITIC Bank International Ltd 000000000 900000.00000000 PA USD 885351.26000000 0.242419741427 Long DBT CORP HK N 2 2027-04-22 Fixed 4.80000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QDE9 900000.00000000 PA USD 710883.00000000 0.194648249605 Long DBT CORP MX N 2 2031-01-28 Fixed 5.95000000 N N N N N N OQ SAOC 549300YK417GKI6EQ392 OQ SAOC 67624L2A5 1050000.00000000 PA USD 1031335.20000000 0.282391886480 Long DBT CORP OM N 2 2028-05-06 Fixed 5.13000000 N N N N N N EASY TACTIC LTD 549300WYFMC41MKE6E16 Easy Tactic Ltd 000000000 67162.00000000 PA USD 4011.59000000 0.001098421219 Long DBT CORP VG N 2 2027-07-11 Fixed 6.50000000 N N N N N N WYNN MACAU LTD 254900NMDQ8ENTHU1I31 Wynn Macau Ltd 98313RAH9 1925000.00000000 PA USD 1792802.94000000 0.490890841613 Long DBT CORP KY N 2 2028-08-26 Fixed 5.63000000 N N N N N N BBVA COLOMBIA SA 5493009W53901OCHI065 Banco Bilbao Vizcaya Argentaria Colombia SA 05890JAA8 550000.00000000 PA USD 543488.00000000 0.148813500789 Long DBT CORP CO N 2 2025-04-21 Fixed 4.88000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QCP5 300000.00000000 PA USD 266536.77000000 0.072980948673 Long DBT CORP MX N 2 2029-01-23 Fixed 6.50000000 N N N N N N SHRIRAM FINANCE LTD 335800TM2YO24B76XL26 Shriram Finance Ltd 825547AE2 550000.00000000 PA USD 530871.00000000 0.145358815608 Long DBT CORP IN N 2 2025-07-18 Fixed 4.15000000 N N N N N N AES ESPANA BV 7245003VZ59682IZLJ86 AES Espana BV 00109YAA3 400000.00000000 PA USD 369966.00000000 0.101301106248 Long DBT CORP NL N 2 2028-05-04 Fixed 5.70000000 N N N N N N AZUL SECURED FINANCE LLP N/A Azul Secured Finance LLP 05501WAC6 550000.00000000 PA USD 560712.90000000 0.153529883984 Long DBT CORP US N 2 2028-08-28 Fixed 11.93000000 N N N N N N XP INC 5493008KDA8NBZRJST80 XP Inc 98379XAA2 500000.00000000 PA USD 464585.80000000 0.127209136751 Long DBT CORP KY N 2 2026-07-01 Fixed 3.25000000 N N N N N N UPL CORP LTD 213800AQLATW4WEEH674 UPL Corp Ltd 000000000 550000.00000000 PA USD 449006.25000000 0.122943270023 Long DBT CORP MU N 2 2025-02-27 Fixed 5.25000000 N N N N N N MINSUR SA 254900C69MVC7SXO2G61 Minsur SA 60447KAB6 700000.00000000 PA USD 610936.06000000 0.167281584592 Long DBT CORP PE N 2 2031-10-28 Fixed 4.50000000 N N N N N Petroleos del Peru SA 549300ZMGDLC9JT2OR80 Petroleos del Peru SA 716564AB5 2850000.00000000 PA USD 1830669.86000000 0.501259256241 Long DBT CORP PE N 2 2047-06-19 Fixed 5.63000000 N N N N N N UNITED BANK FOR AFRICA P 0292002067E3RH4D8768 United Bank for Africa PLC 91339U2A1 500000.00000000 PA USD 469620.00000000 0.128587560793 Long DBT CORP NG N 2 2026-11-19 Fixed 6.75000000 N N N N N N TURK IHRACAT KR 789000JVRVYLAXGDWR11 Turkiye Ihracat Kredi Bankasi AS 90016LAA4 950000.00000000 PA USD 925118.55000000 0.253308500041 Long DBT NUSS TR N 2 2026-07-06 Fixed 5.75000000 N N N N N N TOTAL PLAY TELECOM 4469000001BSAPAMOQ06 Total Play Telecomunicaciones SA de CV 89157FAA8 800000.00000000 PA USD 469556.24000000 0.128570102544 Long DBT CORP MX N 2 2025-11-12 Fixed 7.50000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71645WAQ4 350000.00000000 PA USD 353619.00000000 0.096825102551 Long DBT CORP NL N 2 2040-01-20 Fixed 6.88000000 N N N N N N INDIA CLEAN ENERGY HLDG 254900XQFJ9593DCY022 India Clean Energy Holdings 45409MAA1 550000.00000000 PA USD 493856.24000000 0.135223732559 Long DBT CORP MU N 2 2027-04-18 Fixed 4.50000000 N N N N N N REDE D'OR FINANCE SARL 549300FDE772OLJUCP79 Rede D'or Finance Sarl 75735GAA6 499000.00000000 PA USD 441746.29000000 0.120955406330 Long DBT CORP LU N 2 2030-01-22 Fixed 4.50000000 N N N N N N MGM CHINA HOLDINGS LTD 529900VZFN87OS7WJM66 MGM China Holdings Ltd 55300RAE1 658000.00000000 PA USD 642013.89000000 0.175791065352 Long DBT CORP KY N 2 2025-06-18 Fixed 5.25000000 N N N N N N BANCO BTG PACTUAL/CAYMAN 2549002JHJ73KGETOK78 Banco BTG Pactual SA/Cayman Islands 05971AAG6 300000.00000000 PA USD 283939.59000000 0.077746048487 Long DBT CORP BR N 2 2026-01-11 Fixed 2.75000000 N N N N N N ALLWYN ENTERTAINMENT FIN 315700J7ZTIN8XGCX365 Allwyn Entertainment Financing UK PLC 02007VAA8 1050000.00000000 PA USD 1087537.50000000 0.297780746980 Long DBT CORP GB N 2 2029-04-30 Fixed 7.88000000 N N N N N N ENERGEAN ISRAEL FINANCE 98450044QACBL3F8EB03 Energian Israel Finance Ltd 000000000 1150000.00000000 PA USD 1082554.80000000 0.296416424252 Long DBT CORP IL N 2 2033-09-30 Fixed 8.50000000 N N N N N N AGILE GROUP HOLDINGS LTD 549300ZRISRT38EEYY07 Agile Group Holdings Ltd 000000000 300000.00000000 PA USD 52191.00000000 0.014290518686 Long DBT CORP KY N 2 2025-04-21 Fixed 5.50000000 N N N N N N FRANSHION BRILLIANT LTD 549300E3ZP4GOU3D4G57 Franshion Brilliant Ltd 000000000 700000.00000000 PA USD 605776.40000000 0.165868808105 Long DBT CORP VG N 2 2026-02-08 Fixed 6.00000000 N N N N N N GRUPO INVERSIONES SURAME 549300AC1Q176TZL0305 Grupo de Inversiones Suramericana SA 40052XAB6 750000.00000000 PA USD 732968.48000000 0.200695517614 Long DBT CORP CO N 2 2026-04-29 Fixed 5.50000000 N N N N N N TC ZIRAAT BANKASI AS 213800K5KTZFSUS8MR51 TC Ziraat Bankasi AS 90014TAG6 800000.00000000 PA USD 776108.00000000 0.212507633049 Long DBT CORP TR N 2 2026-03-02 Fixed 5.38000000 N N N N N N CIKARANG LISTRINDO PT 254900NPCIO562Z7FN53 Cikarang Listrindo Tbk PT 536576AD3 675000.00000000 PA USD 654250.50000000 0.179141595211 Long DBT CORP ID N 2 2026-09-14 Fixed 4.95000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAR2 550000.00000000 PA USD 604783.30000000 0.165596885472 Long DBT CORP NL N 2 2031-09-15 Fixed 8.13000000 N N N N N N GEMS MENASA KY LTD/GEMS N/A GEMS MENASA Cayman Ltd / GEMS Education Delaware LLC 36166LAA5 1250000.00000000 PA USD 1239031.25000000 0.339261543768 Long DBT CORP XX N 2 2026-07-31 Fixed 7.13000000 N N N N N N PINGAN REAL ESTATE CAP 655600MZ4W5VY0OEG119 Pingan Real Estate Capital Ltd 000000000 300000.00000000 PA USD 223359.05000000 0.061158373622 Long DBT CORP HK N 2 2026-07-29 Fixed 3.45000000 N N N N N N GREENKO SOLAR MAURITIUS 2138007S1PL541B3KP92 Greenko Solar Mauritius Ltd 39530VAA6 650000.00000000 PA USD 642687.50000000 0.175975507809 Long DBT CORP MU N 2 2025-01-29 Fixed 5.55000000 N N N N N N ISTANBUL METROPOLITAN MU 213800T1VDQSNKA2MD76 Istanbul Metropolitan Municipality 46522TAA6 750000.00000000 PA USD 730616.63000000 0.200051553015 Long DBT NUSS TR N 2 2025-12-09 Fixed 6.38000000 N N N N N N CHINA CITIC BANK INTL 54930034UPFJV0NHXV95 China CITIC Bank International Ltd 000000000 750000.00000000 PA USD 712915.22000000 0.195204695695 Long DBT CORP HK N 2 2026-07-29 Fixed 3.25000000 N N N N N N MELCO RESORTS FINANCE 5493000FQDBWKDBZEF60 Melco Resorts Finance Ltd 58547DAC3 750000.00000000 PA USD 706468.55000000 0.193439520510 Long DBT CORP KY N 2 2027-07-17 Fixed 5.63000000 N N N N N FIRST QUANTUM MINERALS L 549300I7UVBGWRYMYZ18 First Quantum Minerals Ltd 335934AR6 1375000.00000000 PA USD 1311253.03000000 0.359036729081 Long DBT CORP CA N 2 2026-03-01 Fixed 6.88000000 N N N N N MUMTALAKAT SUKUK HOLDING 549300EN7U0YPUUKDX15 Mumtalakat Sukuk Holding Co 000000000 850000.00000000 PA USD 807281.55000000 0.221043323087 Long DBT CORP KY N 2 2027-01-21 Fixed 4.10000000 N N N N N N PROVINCIA DE BUENOS AIRE 549300L6AYROPOTQ4L07 Provincia de Buenos Aires/Government Bonds 000000000 6725000.00000000 PA USD 2640693.44000000 0.723053379868 Long DBT NUSS AR N 2 2037-09-01 Variable 6.38000000 N N N N N N LIQUID TELECOM FINANCE 635400MXAVJRJJCWVI87 Liquid Telecommunications Financing Plc 536333AB3 800000.00000000 PA USD 503187.20000000 0.137778660769 Long DBT CORP GB N 2 2026-09-04 Fixed 5.50000000 N N N N N N COSAN LUXEMBOURG SA 222100ZY943WERK7RZ38 Cosan Luxembourg SA 22112EAD0 325000.00000000 PA USD 334763.65000000 0.091662282687 Long DBT CORP LU N 2 2030-06-27 Fixed 7.50000000 N N N N N N VTR FINANCE BV 213800F4XI4RJB82XM19 VTR Finance NV 918374AA7 400000.00000000 PA USD 154834.04000000 0.042395408056 Long DBT CORP NL N 2 2028-07-15 Fixed 6.38000000 N N N N N N VEDANTA RESOURCES 8945002DGA3BBXO3N634 Vedanta Resources Finance II PLC 92243XAE1 1800000.00000000 PA USD 1563597.00000000 0.428131519727 Long DBT CORP GB N 2 2028-12-09 Fixed 13.88000000 N N N N N N India Airport Infra 254900N1JEUJFV1S3E87 India Airport Infra 18684LAA6 475000.00000000 PA USD 473218.75000000 0.129572941493 Long DBT CORP MU N 2 2025-10-25 Fixed 6.25000000 N N N N N N FORTUNE STAR BVI LTD 2549008CU8NYQQRSNU62 Fortune Star BVI Ltd 000000000 600000.00000000 PA USD 460517.72000000 0.126095247896 Long DBT CORP VG N 2 2027-01-27 Fixed 5.05000000 N N N N N N MSU Energy SA / UGEN SA N/A MSU Energy SA / UGEN SA / UENSA SA 76706AAA2 775000.00000000 PA USD 639950.28000000 0.175226024305 Long DBT CORP AR N 2 2025-02-01 Fixed 6.88000000 N N N N N N HIDROVIAS INT FIN SARL 222100RBWNBUZOTA9381 Hidrovias International Finance SARL 42953LAB8 250000.00000000 PA USD 205282.33000000 0.056208751945 Long DBT CORP LU N 2 2031-02-08 Fixed 4.95000000 N N N N N N RKPF OVERSEAS 2019 A LTD 254900P8BXRCW5458103 RKPF Overseas 2019 A Ltd 000000000 300000.00000000 PA USD 193356.00000000 0.052943180454 Long DBT CORP VG N 2 2025-03-05 Fixed 5.90000000 N N N N N N MAF GLOBAL SECURITIES 54930037VUDNYTS17017 MAF Global Securities Ltd 000000000 550000.00000000 PA USD 543469.03000000 0.148808306576 Long DBT CORP KY N 2 2026-03-20 Fixed 6.38000000 N N N N N N CHAMPION PATH HOLDINGS 549300QWJFPV5413KI88 Champion Path Holdings Ltd 000000000 650000.00000000 PA USD 575179.69000000 0.157491063743 Long DBT CORP VG N 2 2028-01-27 Fixed 4.85000000 N N N N N N JAPFA COMFEED TBK PT 549300VJMRP8O87R3147 Japfa Comfeed Indonesia Tbk PT 000000000 500000.00000000 PA USD 452484.42000000 0.123895634481 Long DBT CORP ID N 2 2026-03-23 Fixed 5.38000000 N N N N N N BANCO CONTINENTAL S.A.E. 8945005Q0D60A6FCEM55 Banco Continental SAECA 059490AB8 400000.00000000 PA USD 375196.24000000 0.102733208382 Long DBT CORP PY N 2 2025-12-10 Fixed 2.75000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QCC4 1300000.00000000 PA USD 830302.68000000 0.227346783232 Long DBT CORP MX N 2 2047-09-21 Fixed 6.75000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QBE1 150000.00000000 PA USD 90051.38000000 0.024657142584 Long DBT CORP MX N 2 2044-06-27 Fixed 5.50000000 N N N N N N AGILE GROUP HOLDINGS LTD 549300ZRISRT38EEYY07 Agile Group Holdings Ltd 000000000 650000.00000000 PA USD 99092.50000000 0.027132709143 Long DBT CORP KY N 2 2025-10-13 Fixed 6.05000000 N N N N N N KONDOR FINANCE PLC (NAK) 213800PUC1T9GI6EIO63 NAK Naftogaz Ukraine via Kondor Finance PLC 50050MAB1 650000.00000000 PA USD 343937.75000000 0.094174260758 Long DBT CORP GB N 2 2028-11-08 Fixed 7.63000000 N Y N N N N PAN AMERICAN ENERGY LLC N/A Pan American Energy LLC/Argentina 69784DAB4 400000.00000000 PA USD 428105.60000000 0.117220422610 Long DBT CORP AR N 2 2027-04-30 Fixed 9.13000000 N N N N N N NAVIOS SA LOGIST/FIN US N/A Navios South American Logistics Inc / Navios Logistics Finance US Inc 63938NAF1 675000.00000000 PA USD 672359.41000000 0.184100030894 Long DBT CORP XX N 2 2025-07-01 Fixed 10.75000000 N N N N N N Petrobras Global Finance BV 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NAY5 525000.00000000 PA USD 529924.50000000 0.145099652612 Long DBT CORP NL N 2 2028-01-27 Fixed 6.00000000 N N N N N N RUMO LUXEMBOURG SARL 222100HOIQFT7YOSPB46 Rumo Luxembourg Sarl 781467AE5 300000.00000000 PA USD 252255.00000000 0.069070429598 Long DBT CORP LU N 2 2032-01-18 Fixed 4.20000000 N N N N N N GRUPO AEROMEXICO SAB N/A Grupo Aeromexico SAB de CV 40054JAA7 950000.00000000 PA USD 911176.35000000 0.249490959285 Long DBT CORP MX N 2 2027-03-17 Fixed 8.50000000 N N N N N N OFFICE CHERIFIEN DES PHO 213800D26TAPVTCVWG40 OCP SA 67091TAB1 925000.00000000 PA USD 855858.10000000 0.234344162226 Long DBT CORP MA N 2 2044-04-25 Fixed 6.88000000 N N N N N N Nexa Resources SA 549300QRMRHM7GAU7L47 Nexa Resources SA 91832CAA4 475000.00000000 PA USD 463808.19000000 0.126996217853 Long DBT CORP LU N 2 2027-05-04 Fixed 5.38000000 N N N N N N MERCADOLIBRE INC 549300DKPDN9M5S8GB14 MercadoLibre Inc 58733RAF9 900000.00000000 PA USD 757351.33000000 0.207371832947 Long DBT CORP US N 2 2031-01-14 Fixed 3.13000000 N N N N N N STATE AGE ROADS 254900FGEO8P5USHG994 State Agency of Roads of Ukraine 857329AA4 1000000.00000000 PA USD 256998.00000000 0.070369119604 Long DBT NUSS UA N 2 2030-06-24 Fixed 6.25000000 N Y N N N N MHP Lux SA 222100RHC7R1WZ1J3M44 MHP Lux SA 59318YAA6 775000.00000000 PA USD 631362.28000000 0.172874527410 Long DBT CORP LU N 2 2026-04-03 Fixed 6.95000000 N N N N N N NICKEL INDUSTRIES LTD 54930007K0WX53TSIK16 Nickel Industries Ltd 653890AA1 600000.00000000 PA USD 635856.00000000 0.174104961577 Long DBT CORP AU N 2 2028-10-21 Fixed 11.25000000 N N N N N N EHI CAR SERVICES LTD 549300S8KJWK9EJS6Z44 eHi Car Services Ltd 000000000 550000.00000000 PA USD 435068.38000000 0.119126914873 Long DBT CORP KY N 2 2026-09-21 Fixed 7.00000000 N N N N N N Ecopetrol SA 254900IDGKCJICKBPA66 Ecopetrol SA 279158AL3 1300000.00000000 PA USD 1284798.93000000 0.351793280778 Long DBT CORP CO N 2 2026-06-26 Fixed 5.38000000 N N N N N N PETROLEOS MEXICANOS 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QDL3 450000.00000000 PA USD 434970.41000000 0.119100089517 Long DBT CORP MX N 2 2029-06-02 Fixed 8.75000000 N N N N N N SIXSIGMA NETWORKS MEXICO 5493000VGOF3UCTUXW26 Sixsigma Networks Mexico SA de CV 83006LAB9 475000.00000000 PA USD 447545.13000000 0.122543197929 Long DBT CORP MX N 2 2025-05-02 Fixed 7.50000000 N N N N N FRIGORIFICO CONCEPCION 529900Q6VZVL47QJCQ91 Frigorifico Concepcion SA 358648AA1 425000.00000000 PA USD 375391.88000000 0.102786776949 Long DBT CORP PY N 2 2028-07-21 Fixed 7.70000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QAZ5 375000.00000000 PA USD 252896.21000000 0.069246000549 Long DBT CORP MX N 2 2041-06-02 Fixed 6.50000000 N N N N N N GREENKO SOLAR MAURITIUS 2138007S1PL541B3KP92 Greenko Solar Mauritius Ltd 39530VAB4 700000.00000000 PA USD 685912.50000000 0.187811028689 Long DBT CORP MU N 2 2026-07-29 Fixed 5.95000000 N N N N N N STAR ENERGY GEOTHERMAL N/A Star Energy Geothermal Wayang Windu Ltd 85511XAC4 648640.00000000 PA USD 649219.56000000 0.177764063796 Long DBT CORP VG N 2 2033-04-24 Fixed 6.75000000 N N N N N N IOCHPE-MAX/MAX WHEELS MX N/A Iochpe-Maxion Austria GmbH / Maxion Wheels de Mexico S de RL de CV 46188AAA2 300000.00000000 PA USD 270750.00000000 0.074134581331 Long DBT CORP AT N 2 2028-05-07 Fixed 5.00000000 N N N N N N ENERGO PRO AS 315700IQCL9IX158RO36 Energo-Pro AS 000000000 400000.00000000 PA USD 419500.00000000 0.114864106624 Long DBT CORP CZ N 2 2028-11-02 Fixed 11.00000000 N N N N N N CHINA WATER AFFAIRS GRP 529900XTSVH0DH4CEX74 China Water Affairs Group Ltd 000000000 500000.00000000 PA USD 431236.78000000 0.118077777063 Long DBT CORP BM N 2 2026-05-18 Fixed 4.85000000 N N N N N N FIRST QUANTUM MINERALS L 549300I7UVBGWRYMYZ18 First Quantum Minerals Ltd 335934AL9 1550000.00000000 PA USD 1533058.50000000 0.419769713958 Long DBT CORP CA N 2 2025-04-01 Fixed 7.50000000 N N N N N N VTR COMUNICACIONES SPA 213800XDZJKMC1AEUV94 VTR Comunicaciones SpA 918367AA1 500000.00000000 PA USD 290376.07000000 0.079508433529 Long DBT CORP CL N 2 2028-01-15 Fixed 5.13000000 N N N N N N BRASKEM NETHERLANDS 2549000TLMHFQ74DS330 Braskem Netherlands Finance BV 10554TAF2 375000.00000000 PA USD 358906.43000000 0.098272863989 Long DBT CORP NL N 2 2081-01-23 Fixed 8.50000000 N N N N N N MV24 CAPITAL BV N/A MV24 Capital BV 55388RAA4 584611.00000000 PA USD 549376.67000000 0.150425888915 Long DBT CORP NL N 2 2034-06-01 Fixed 6.75000000 N N N N N N LEVIATHAN BOND LTD 254900D9T8VKYVQNZ220 Leviathan Bond Ltd 000000000 775000.00000000 PA USD 697038.10000000 0.190857350750 Long DBT CORP IL N 2 2030-06-30 Fixed 6.75000000 N N N N N N ADECOAGRO SA 529900Q00UR5LFELO811 Adecoagro SA 00676LAA4 700000.00000000 PA USD 683907.28000000 0.187261975521 Long DBT CORP LU N 2 2027-09-21 Fixed 6.00000000 N N N N N N CLEAN RENEWABLE POWER 2138003P9CSDW7P4MT75 Clean Renewable Power Mauritius Pte Ltd 18452NAB0 450000.00000000 PA USD 418326.75000000 0.114542856772 Long DBT CORP MU N 2 2027-03-25 Fixed 4.25000000 N N N N N N AES ANDES SA 549300IF4IFG0FS0RM26 AES Andes SA 00105DAG0 400000.00000000 PA USD 379814.02000000 0.103997611658 Long DBT CORP CL N 2 2079-10-07 Fixed 6.35000000 N N N N N N SILKNET JSC 635400QGWS2BG73SGG55 Silknet JSC 47972FAA9 475000.00000000 PA USD 479750.00000000 0.131361275692 Long DBT CORP GE N 2 2027-01-31 Fixed 8.38000000 N N N N N N OFFICE CHERIFIEN DES PHO 213800D26TAPVTCVWG40 OCP SA 67091TAD7 1125000.00000000 PA USD 953848.13000000 0.261175001925 Long DBT CORP MA N 2 2031-06-23 Fixed 3.75000000 N N N N N N TUPY OVERSEAS SA 222100ZREIYU6AS2OO19 Tupy Overseas SA 89990BAB6 250000.00000000 PA USD 210781.25000000 0.057714421869 Long DBT CORP LU N 2 2031-02-16 Fixed 4.50000000 N N N N N N INRETAIL SHOPPIN 254900340JT2D5SHMA49 InRetail Shopping Malls 45780UAB0 525000.00000000 PA USD 510925.43000000 0.139897480497 Long DBT CORP PE N 2 2028-04-03 Fixed 5.75000000 N N N N N N AVIANCA MIDCO 2 PLC N/A Avianca Midco 2 PLC 05368PAA7 2200000.00000000 PA USD 1977269.14000000 0.541399888730 Long DBT CORP GB N 2 2028-12-01 Fixed 9.00000000 N N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 706451BR1 125000.00000000 PA USD 86644.36000000 0.023724259846 Long DBT CORP MX N 2 2038-06-15 Fixed 6.63000000 N N N N N N BANGKOK BANK PCL/HK 549300CCL2BKJGMYXV60 Bangkok Bank PCL/Hong Kong 059895AT9 1625000.00000000 PA USD 1446509.24000000 0.396071493627 Long DBT CORP TH N 2 2034-09-25 Fixed 3.73000000 N N N N N N GEOPARK LTD 529900ZR5QI19AH4KZ07 Geopark Ltd 37255BAB5 675000.00000000 PA USD 602338.68000000 0.164927519341 Long DBT CORP BM N 2 2027-01-17 Fixed 5.50000000 N N N N N N 10 RENEW POWER SUBSIDIAR N/A ReNew Wind Energy AP2 / ReNew Power Pvt Ltd other 9 Subsidiaries 75973PAA7 850000.00000000 PA USD 776786.15000000 0.212693318612 Long DBT CORP IN N 2 2028-07-14 Fixed 4.50000000 N N N N N N GREENKO WIND PROJECTS MU 254900MSUXE1FF83DP82 Greenko Wind Projects Mauritius Ltd 39531JAA2 1175000.00000000 PA USD 1163367.50000000 0.318543905991 Long DBT CORP MU N 2 2025-04-06 Fixed 5.50000000 N N N N N N ARCOS DORADOS BV 549300T91OYP6I7P8G39 Arcos Dorados BV 03965TAB9 550000.00000000 PA USD 544857.50000000 0.149188486233 Long DBT CORP NL N 2 2029-05-27 Fixed 6.13000000 N N N N N N LAMAR FUNDING LTD 549300TSXHL7X0727895 Lamar Funding Ltd 513063AA5 1375000.00000000 PA USD 1336572.88000000 0.365969606197 Long DBT CORP KY N 2 2025-05-07 Fixed 3.96000000 N N N N N N BANCO INDUSTRIAL SA 529900GF99QF67JEQU85 Banco Industrial SA/Guatemala 05991CAA1 450000.00000000 PA USD 429401.25000000 0.117575187043 Long DBT CORP GT N 2 2031-01-29 Fixed 4.88000000 N N N N N N CENTRAIS ELETRICAS BRASI 254900I8KYDELP4B4Z08 Centrais Eletricas Brasileiras SA 15236FAB6 475000.00000000 PA USD 431265.90000000 0.118085750467 Long DBT CORP BR N 2 2030-02-04 Fixed 4.63000000 N N N N N N PT PAKUWON JATI 254900GUXQAQB065PM73 Pakuwon Jati Tbk PT 000000000 600000.00000000 PA USD 560931.68000000 0.153589788559 Long DBT CORP ID N 2 2028-04-29 Fixed 4.88000000 N N N N N N JSW STEEL LTD 335800EK6HZSC4CVAJ09 JSW Steel Ltd 000000000 500000.00000000 PA USD 495201.45000000 0.135592067111 Long DBT CORP IN N 2 2025-04-04 Fixed 5.38000000 N N N N N PETRORIO LUX TRAD SARL 222100466T5WZDU1B498 Petrorio Luxembourg Trading Sarl 71677WAA0 400000.00000000 PA USD 393930.40000000 0.107862844977 Long DBT CORP LU N 2 2026-06-09 Fixed 6.13000000 N N N N N N TURK IHRACAT KR BK 789000JVRVYLAXGDWR11 Turkiye Ihracat Kredi Bankasi AS 90015LAH0 800000.00000000 PA USD 830718.40000000 0.227460612330 Long DBT NUSS TR N 2 2027-01-28 Fixed 9.00000000 N N N N N N BANK OF COMMUNICATION HK 254900BIDL79UKUMX541 Bank of Communications Hong Kong Ltd 000000000 700000.00000000 PA USD 685230.00000000 0.187624152043 Long DBT CORP HK N 2 2025-03-03 Fixed 3.73000000 N N N N N N YPF SOCIEDAD ANONIMA 5493003N7447U18U5U53 YPF SA 984245AQ3 1150000.00000000 PA USD 1025260.31000000 0.280728509095 Long DBT CORP AR N 2 2027-07-21 Fixed 6.95000000 N N N N N N OLEODUCTO CENTRAL SA 254900W4CPYCQFVH5E92 Oleoducto Central SA 680617AC1 550000.00000000 PA USD 509447.95000000 0.139492928840 Long DBT CORP CO N 2 2027-07-14 Fixed 4.00000000 N N N N N N GLOBO COMMUNICACOES PART 52990054HEKS017PVR75 Globo Comunicacao e Participacoes SA 37959DAB0 325000.00000000 PA USD 280839.89000000 0.076897313633 Long DBT CORP BR N 2 2030-01-22 Fixed 4.88000000 N N N N N N AZUL SECURED FINANCE LLP N/A Azul Secured Finance LLP 05501WAB8 350000.00000000 PA USD 291116.49000000 0.079711169362 Long DBT CORP US N 2 2030-05-28 Fixed 10.88000000 N N N N N N SHELF DRILL HOLD LTD 54930078ZJ3XP4MRYB68 Shelf Drilling Holdings Ltd 822538AH7 1600000.00000000 PA USD 1553440.00000000 0.425350411906 Long DBT CORP KY N 2 2029-04-15 Fixed 9.63000000 N N N N N N PETROBRAS GLOBAL FINANCE 549300FNENFFSMO3GT38 Petrobras Global Finance BV 71647NBJ7 325000.00000000 PA USD 269956.83000000 0.073917401919 Long DBT CORP NL N 2 2051-06-10 Fixed 5.50000000 N N N N N CEMEX SAB DE CV 549300RIG2CXWN6IV731 Cemex SAB de CV 151290BX0 1025000.00000000 PA USD 999335.13000000 0.273629885401 Long DBT CORP MX N 2 2030-09-17 Fixed 5.20000000 N N N N N N BANCO DO BRASIL (CAYMAN) QE0Q0253K88YAGNPE356 Banco do Brasil SA/Cayman 059578AF1 550000.00000000 PA USD 520519.73000000 0.142524514342 Long DBT CORP BR N 2 2026-09-30 Fixed 3.25000000 N N N N N N TML HOLDINGS PTE LTD 254900EBGMM47QH02V57 TML Holdings Pte Ltd 000000000 700000.00000000 PA USD 669389.00000000 0.183286697185 Long DBT CORP SG N 2 2026-06-09 Fixed 4.35000000 N N N N N N Ecopetrol SA 254900IDGKCJICKBPA66 Ecopetrol SA 279158AE9 758000.00000000 PA USD 703000.58000000 0.192489948934 Long DBT CORP CO N 2 2043-09-18 Fixed 7.38000000 N N N N N N SASOL FINANCING USA LLC 549300XRB1PFMESFEL85 Sasol Financing USA LLC 80386WAF2 1525000.00000000 PA USD 1553419.44000000 0.425344782333 Long DBT CORP US N 2 2029-05-03 Fixed 8.75000000 N N N N N N RUMO LUXEMBOURG SARL 222100HOIQFT7YOSPB46 Rumo Luxembourg Sarl 781467AC9 350000.00000000 PA USD 336928.55000000 0.092255058145 Long DBT CORP LU N 2 2028-01-10 Fixed 5.25000000 N N N N N N SASOL FINANCING USA LLC 549300XRB1PFMESFEL85 Sasol Financing USA LLC 80386WAC9 825000.00000000 PA USD 771988.06000000 0.211379544306 Long DBT CORP US N 2 2026-09-18 Fixed 4.38000000 N N N N N N TURKCELL ILETISIM HIZMET 7890003EX1LTLS2FFL84 Turkcell Iletisim Hizmetleri AS 900111AB1 675000.00000000 PA USD 643092.75000000 0.176086470096 Long DBT CORP TR N 2 2028-04-11 Fixed 5.80000000 N N N N N N MGM China Holdings Ltd 529900VZFN87OS7WJM66 MGM China Holdings Ltd 55300RAB7 1200000.00000000 PA USD 1175802.00000000 0.321948620494 Long DBT CORP KY N 2 2026-05-15 Fixed 5.88000000 N N N N N N TEVA PHARMACEUTICALS NE 5493004T21MOAFINJP35 Teva Pharmaceutical Finance Netherlands III BV 88167AAQ4 1075000.00000000 PA USD 1037168.06000000 0.283988993161 Long DBT CORP NL N 2 2029-05-09 Fixed 5.13000000 N N N N N INSTITUTO COSTARRICENSE 5493009VA6AFUB2Q0289 Instituto Costarricense de Electricidad 45777VAD9 675000.00000000 PA USD 584617.50000000 0.160075248759 Long DBT CORP CR N 2 2043-05-15 Fixed 6.38000000 N N N N N BRF SA 254900MTXR9LUVQFU480 BRF SA 10552TAH0 400000.00000000 PA USD 291850.42000000 0.079912128155 Long DBT CORP BR N 2 2050-09-21 Fixed 5.75000000 N N N N N N MINERVA LUXEMBOURG SA 222100NM3G3RCPGZ2Z17 Minerva Luxembourg SA 603374AH2 700000.00000000 PA USD 734707.97000000 0.201171810736 Long DBT CORP LU N 2 2033-09-13 Fixed 8.88000000 N N N N N N GLP PTE LTD 254900PC2NNG9BLIJO15 GLP Pte Ltd 000000000 1450000.00000000 PA USD 1136800.00000000 0.311269407415 Long DBT CORP SG N 2 2025-06-04 Fixed 3.88000000 N N N N N N MEDCO BELL PTE LTD 2549003PNDCWIWGKC768 Medco Bell Pte Ltd 58406LAA9 750000.00000000 PA USD 723519.53000000 0.198108282333 Long DBT CORP SG N 2 2027-01-30 Fixed 6.38000000 N N N N N N MINERVA LUXEMBOURG SA 222100NM3G3RCPGZ2Z17 Minerva Luxembourg SA 603374AF6 800000.00000000 PA USD 659381.45000000 0.180546510557 Long DBT CORP LU N 2 2031-03-18 Fixed 4.38000000 N N N N N MONG DUONG FIN HLDGS BV 549300995KGQFMWSV879 Mong Duong Finance Holdings BV 60935DAA3 876175.54000000 PA USD 823074.92000000 0.225367736283 Long DBT CORP NL N 2 2029-05-07 Fixed 5.13000000 N N N N N N Tullow Oil PLC 2138003EYHWO75RKS857 Tullow Oil PLC 899415AE3 650000.00000000 PA USD 613164.50000000 0.167891758060 Long DBT CORP GB N 2 2025-03-01 Fixed 7.00000000 N N N N N N STONECO LTD 549300O1A9LEF0XZCR35 StoneCo Ltd 861787AA7 350000.00000000 PA USD 302829.94000000 0.082918451769 Long DBT CORP KY N 2 2028-06-16 Fixed 3.95000000 N N N N N N NATIONAL BANK OF UZBEKIS 253400TZJ7T1YULTGN68 National Bank of Uzbekistan 000000000 400000.00000000 PA USD 378500.00000000 0.103637817300 Long DBT NUSS UZ N 2 2025-10-21 Fixed 4.85000000 N N N N N N KERNEL HOLDING SA 5493003GR6L4DZOS2U12 Kernel Holding SA 49229QAC8 400000.00000000 PA USD 271249.20000000 0.074271268249 Long DBT CORP LU N 2 2027-10-27 Fixed 6.75000000 N N N N N N MERSIN ULUSLARARASI LIMA 635400DAFN6NT43HM530 Mersin Uluslararasi Liman Isletmeciligi AS 590454AC8 800000.00000000 PA USD 827000.00000000 0.226442470032 Long DBT CORP TR N 2 2028-11-15 Fixed 8.25000000 N N N N N RIZAL COMMERCIAL BANKING CIKZWI6KV077KV2E2J69 Rizal Commercial Banking Corp 000000000 400000.00000000 PA USD 388993.30000000 0.106511008074 Long DBT CORP PH N 2 2025-08-27 Fixed 6.50000000 N N N N N N BRASKEM NETHERLANDS 2549000TLMHFQ74DS330 Braskem Netherlands Finance BV 10554TAB1 825000.00000000 PA USD 716533.70000000 0.196195478705 Long DBT CORP NL N 2 2028-01-10 Fixed 4.50000000 N N N N N N GLOBO COMMUNICACOES PART 52990054HEKS017PVR75 Globo Comunicacao e Participacoes SA 37959DAC8 275000.00000000 PA USD 236839.59000000 0.064849506361 Long DBT CORP BR N 2 2032-01-14 Fixed 5.50000000 N N N N N N WEST CHINA CEMENT LTD 529900MMG3NBTIWPPR63 West China Cement Ltd 000000000 800000.00000000 PA USD 597342.27000000 0.163559442652 Long DBT CORP JE N 2 2026-07-08 Fixed 4.95000000 N N N N N N FIRST QUANTUM MINERALS L 549300I7UVBGWRYMYZ18 First Quantum Minerals Ltd 335934AU9 1875000.00000000 PA USD 1741406.25000000 0.476817814485 Long DBT CORP CA N 2 2031-06-01 Fixed 8.63000000 N N N N N Petroleos Mexicanos 549300CAZKPF4HKMPX17 Petroleos Mexicanos 71654QBR2 275000.00000000 PA USD 173514.83000000 0.047510431308 Long DBT CORP MX N 2 2045-01-23 Fixed 6.38000000 N N N N N N Klabin Austria GmbH 984500578YEA8DD41B09 Klabin Austria GmbH 49836AAB0 478000.00000000 PA USD 483169.57000000 0.132297594770 Long DBT CORP AT N 2 2049-04-03 Fixed 7.00000000 N N N N N N NETWORK I2I LTD 2549003L8M1FGHLHOX45 Network i2i Ltd 64132NAA4 1375000.00000000 PA USD 1362968.75000000 0.373197110431 Long DBT CORP MU N 2 2025-01-15 Fixed 5.65000000 N N N N N N FUQING INVESTMENT MGMT 30030006LHSKVYVEXO75 Fuqing Investment Management Ltd 000000000 700000.00000000 PA USD 598681.28000000 0.163926079570 Long DBT CORP VG N 2 2025-06-23 Fixed 3.25000000 N N N N N N 2024-03-04 VanEck ETF Trust James Parker James Parker Assistant Treasurer XXXX NPORT-EX 2 NPORT_VHYM_66009875_0124.htm

VANECK

EMERGING

MARKETS

HIGH

YIELD

BOND

ETF

SCHEDULE

OF

INVESTMENTS

January

31,

2024

(unaudited)

1

Par

(000's)

Value

CORPORATE

BONDS

:

94.6%

Argentina

:

3.7%

Generacion

Mediterranea

SA

/

Central

Termica

Roca

SA

144A

9.88%,

12/01/27

$

397

$

355,226

MercadoLibre,

Inc.

2.38%,

01/14/26

600

560,848

3.12%,

01/14/31

900

757,351

MSU

Energy

SA

/

UGEN

SA

/

UENSA

SA

144A

6.88%,

02/01/25

775

639,950

Pampa

Energia

SA

144A

7.50%,

01/24/27

950

900,307

9.12%,

04/15/29

375

369,615

Pan

American

Energy

LLC

144A

9.12%,

04/30/27

400

428,106

Telecom

Argentina

SA

144A

8.00%,

07/18/26

575

545,300

Transportadora

de

Gas

del

Sur

SA

144A

6.75%,

05/02/25

700

670,472

YPF

Energia

Electrica

SA

144A

10.00%,

07/25/26

550

535,210

YPF

SA

144A

6.95%,

07/21/27

1,150

1,025,260

7.00%,

09/30/33 (s)

775

654,757

7.00%,

12/15/47

725

535,648

8.50%,

03/23/25

403

398,489

8.50%,

07/28/25

1,750

1,688,954

8.50%,

06/27/29

512

462,649

9.00%,

02/12/26 (s)

1,160

1,162,950

9.00%,

06/30/29 (s)

975

950,626

9.50%,

01/17/31

900

899,582

13,541,300

Austria

:

0.1%

Iochpe-Maxion

Austria

GmbH

/

Maxion

Wheels

de

Mexico

S

de

RL

de

CV

144A

5.00%,

05/07/28

300

270,750

Underline

Azerbaijan

:

1.1%

Southern

Gas

Corridor

CJSC

144A

6.88%,

03/24/26

2,850

2,890,784

State

Oil

Co.

of

the

Azerbaijan

Republic

Reg

S

6.95%,

03/18/30

1,075

1,111,281

4,002,065

Bahrain

:

0.8%

Bapco

Energies

BSCC

144A

7.50%,

10/25/27

1,500

1,572,142

8.38%,

11/07/28

650

708,995

Mumtalakat

Sukuk

Holding

Co.

Reg

S

4.10%,

01/21/27

600

569,846

2,850,983

Par

(000’s)

Value

Bermuda

:

0.4%

Digicel

Group

Holdings

Ltd.

144A

0.00%,

12/31/30 ^

$

168

$

46,473

0.00%,

12/31/30 ^

378

104,690

Digicel

Midco/DIFL

US

II

LLC

10.50%,

11/25/28

667

404,730

Investment

Energy

Resources

Ltd.

144A

6.25%,

04/26/29

1,000

951,850

1,507,743

Brazil

:

6.7%

Adecoagro

SA

144A

6.00%,

09/21/27

700

683,907

Amaggi

Luxembourg

International

Sarl

144A

5.25%,

01/28/28

500

487,057

Arcos

Dorados

Holdings,

Inc.

144A

5.88%,

04/04/27

550

544,950

B3

SA

-

Brasil

Bolsa

Balcao

144A

4.12%,

09/20/31

425

370,636

Banco

BTG

Pactual

SA

144A

2.75%,

01/11/26

350

331,263

Banco

Votorantim

SA

144A

4.38%,

07/29/25

400

389,279

Braskem

America

Finance

Co.

144A

7.12%,

07/22/41

375

318,005

Braskem

Idesa

SAPI

144A

7.45%,

11/15/29

1,275

898,738

Braskem

Netherlands

Finance

BV

144A

4.50%,

01/10/28

900

781,673

4.50%,

01/31/30

1,000

792,089

5.88%,

01/31/50 †

500

352,702

8.50%

(US

Treasury

Yield

Curve

Rate

T

5

Year+8.22%),

01/23/81

450

430,688

Brazil

Minas

SPE

via

State

of

Minas

Gerais

144A

5.33%,

02/15/28

403

397,384

BRF

SA

144A

4.88%,

01/24/30

425

376,583

5.75%,

09/21/50

400

291,850

Centrais

Eletricas

Brasileiras

SA

144A

3.62%,

02/04/25

350

341,081

4.62%,

02/04/30

475

431,266

Cosan

Luxembourg

SA

144A

5.50%,

09/20/29

525

497,505

7.00%,

01/20/27

250

252,451

CSN

Inova

Ventures

144A

6.75%,

01/28/28

825

791,593

Embraer

Netherlands

Finance

BV

5.40%,

02/01/27

375

371,871

VANECK

EMERGING

MARKETS

HIGH

YIELD

BOND

ETF

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

2

Par

(000’s)

Value

Brazil

(continued)

Embraer

Netherlands

Finance

BV

144A

6.95%,

01/17/28

$

325

$

336,031

ERO

Copper

Corp.

144A

6.50%,

02/15/30

250

228,385

FS

Luxembourg

Sarl

144A

10.00%,

12/15/25

300

314,340

Globo

Comunicacao

e

Participacoes

SA

144A

4.88%,

01/22/30

325

280,840

5.50%,

01/14/32

275

236,840

Gol

Finance

SA

144A

7.00%,

01/31/25

75

11,062

Klabin

Austria

GmbH

144A

3.20%,

01/12/31

325

271,095

5.75%,

04/03/29

525

526,657

7.00%,

04/03/49

478

483,170

MARB

BondCo

Plc

144A

3.95%,

01/29/31

800

640,675

MV24

Capital

BV

144A

6.75%,

06/01/34

585

549,377

Natura

Cosmeticos

SA

144A

4.12%,

05/03/28

300

276,424

NBM

US

Holdings,

Inc.

144A

6.62%,

08/06/29

300

292,788

7.00%,

05/14/26

500

501,593

Nexa

Resources

SA

144A

5.38%,

05/04/27

475

463,808

6.50%,

01/18/28

325

327,515

Petrobras

Global

Finance

BV

5.09%,

01/15/30

300

288,550

5.60%,

01/03/31

600

583,585

5.62%,

05/20/43

175

157,688

5.75%,

02/01/29

225

224,428

6.00%,

01/27/28

600

605,628

6.75%,

01/27/41

400

395,832

6.75%,

06/03/50 †

225

216,991

6.85%,

06/05/15

850

789,652

6.88%,

01/20/40

425

429,394

6.90%,

03/19/49

350

343,206

7.25%,

03/17/44

500

514,167

7.38%,

01/17/27

400

418,978

8.75%,

05/23/26

175

186,063

Rede

D'or

Finance

Sarl

144A

4.50%,

01/22/30

499

441,746

4.95%,

01/17/28

300

284,715

Rio

Oil

Finance

Trust

Series

2014-3

144A

9.75%,

01/06/27

234

242,399

Rio

Oil

Finance

Trust

Series

2018-1

144A

8.20%,

04/06/28

253

259,708

Rumo

Luxembourg

Sarl

144A

5.25%,

01/10/28

350

336,929

Simpar

Europe

SA

144A

5.20%,

01/26/31

400

343,390

Tupy

Overseas

SA

144A

Par

(000’s)

Value

Brazil

(continued)

4.50%,

02/16/31

$

250

$

210,781

Ultrapar

International

SA

144A

5.25%,

10/06/26

300

296,035

5.25%,

06/06/29

200

192,415

Usiminas

International

Sarl

144A

5.88%,

07/18/26

500

490,593

XP,

Inc.

144A

3.25%,

07/01/26

500

464,586

24,590,630

British

Virgin

Islands

:

0.4%

Five

Holding

Ltd.

144A

9.38%,

10/03/28

500

499,375

New

Metro

Global

Ltd.

Reg

S

4.50%,

05/02/26

500

126,243

4.62%,

10/15/25

400

117,000

Studio

City

Co.

Ltd.

144A

7.00%,

02/15/27 †

500

495,000

Wanda

Properties

Global

Co.

Ltd.

Reg

S

11.00%,

02/13/26

350

248,622

1,486,240

Canada

:

0.6%

First

Quantum

Minerals

Ltd.

144A

8.62%,

06/01/31 †

1,825

1,694,969

Frontera

Energy

Corp.

144A

7.88%,

06/21/28

550

410,704

2,105,673

Cayman

Islands

:

3.2%

Arabian

Centres

Sukuk

II

Ltd.

144A

5.62%,

10/07/26

1,300

1,200,792

Banco

Bradesco

SA

144A

4.38%,

03/18/27

350

338,610

Banco

do

Brasil

SA

144A

3.25%,

09/30/26

550

520,520

4.88%,

01/11/29

350

337,845

6.25%,

04/18/30

500

510,021

CT

Trust

144A

5.12%,

02/03/32

1,225

1,079,011

Dar

Al-Arkan

Sukuk

Co.

Ltd.

Reg

S

7.75%,

02/07/26

500

505,351

8.00%,

02/25/29

800

821,200

Ittihad

International

Ltd.

144A

9.75%,

11/09/28

500

508,750

Kt21

T2

Co.

Ltd.

Reg

S

6.12%

(US

Treasury

Yield

Curve

Rate

T

5

Year+5.33%),

12/16/31

550

530,519

Liberty

Costa

Rica

Senior

Secured

Finance

144A

10.88%,

01/15/31

500

511,646

MAF

Global

Securities

Ltd.

Reg

S

3

Par

(000’s)

Value

Cayman

Islands

(continued)

7.88%

(US

Treasury

Yield

Curve

Rate

T

5

Year+4.89%),

12/31/99 (o)

$

600

$

620,361

Nogaholding

Sukuk

Ltd.

144A

5.25%,

04/08/29

750

727,781

Nogaholding

Sukuk

Ltd.

Reg

S

6.62%,

05/25/33

1,150

1,194,477

Oryx

Funding

Ltd.

144A

5.80%,

02/03/31

700

696,517

PD

Sukuk

Ltd.

Reg

S

8.75%,

09/23/25

400

411,852

Poinsettia

Finance

Ltd.

Reg

S

6.62%,

06/17/31

426

358,400

Rutas

2

&

7

Finance

Ltd.

144A

0.00%,

09/30/36 ^

650

439,026

StoneCo

Ltd.

144A

3.95%,

06/16/28

350

302,830

11,615,509

Chile

:

1.3%

Agrosuper

SA

144A

4.60%,

01/20/32 †

725

622,006

CAP

SA

144A

3.90%,

04/27/31

450

351,000

Falabella

SA

144A

3.38%,

01/15/32

1,000

755,294

3.75%,

10/30/27

500

446,163

Latam

Airlines

Group

SA

144A

13.38%,

10/15/27

575

644,572

13.38%,

10/15/29

1,100

1,266,393

VTR

Comunicaciones

SpA

144A

4.38%,

04/15/29

600

348,375

5.12%,

01/15/28

500

290,376

VTR

Finance

NV

144A

6.38%,

07/15/28

400

154,834

4,879,013

China

:

5.2%

Agile

Group

Holdings

Ltd.

Reg

S

5.50%,

04/21/25

300

52,191

Bank

of

Communications

Co.

Ltd.

Reg

S

3.80%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.35%),

12/31/99 (o)

3,975

3,850,675

Bank

of

Communications

Hong

Kong

Ltd.

Reg

S

3.73%

(US

Treasury

Yield

Curve

Rate

T

5

Year+2.52%),

12/31/99 (o)

700

685,230

eHi

Car

Services

Ltd.

Reg

S

7.00%,

09/21/26

550

435,068

ENN

Clean

Energy

International

Investment

Ltd.

144A

Par

(000’s)

Value

China

(continued)

3.38%,

05/12/26

$

800

$

756,057

Fortune

Star

BVI

Ltd.

Reg

S

5.95%,

10/19/25

1,000

907,500

Fuqing

Investment

Management

Ltd.

Reg

S

3.25%,

06/23/25

700

598,681

Glory

Health

Industry

Ltd.

Reg

S

14.25%,

01/25/24 (d)

*

200

14,000

Greentown

China

Holdings

Ltd.

Reg

S

4.70%,

04/29/25

550

498,072

Industrial

&

Commercial

Bank

of

China

Ltd.

Reg

S

3.20%

(US

Treasury

Yield

Curve

Rate

T

5

Year+2.37%),

12/31/99 (o)

8,700

8,253,971

Longfor

Group

Holdings

Ltd.

Reg

S

3.95%,

09/16/29

1,250

559,375

Mianyang

Investment

Holding

Group

Co.

Ltd.

Reg

S

6.70%,

08/08/25

400

400,373

Pingan

Real

Estate

Capital

Ltd.

Reg

S

3.45%,

07/29/26

300

223,359

RKPF

Overseas

2019

A

Ltd.

Reg

S

6.00%,

09/04/25

400

223,200

West

China

Cement

Ltd.

Reg

S

4.95%,

07/08/26

800

597,342

Zhangzhou

Transportation

Development

Group

Co.

Ltd.

Reg

S

4.98%,

06/01/25

800

788,087

18,843,181

Colombia

:

5.4%

Aris

Mining

Corp.

144A

6.88%,

08/09/26

450

393,877

Banco

de

Bogota

SA

144A

6.25%,

05/12/26

1,550

1,531,468

Canacol

Energy

Ltd.

144A

5.75%,

11/24/28

700

482,351

Ecopetrol

SA

4.62%,

11/02/31

1,136

936,215

5.38%,

06/26/26

1,300

1,284,799

5.88%,

05/28/45

1,675

1,246,985

5.88%,

11/02/51

700

502,390

6.88%,

04/29/30

1,850

1,809,961

7.38%,

09/18/43

758

703,001

8.38%,

01/19/36

1,400

1,418,725

8.62%,

01/19/29

1,050

1,111,221

8.88%,

01/13/33

1,600

1,690,596

Empresas

Publicas

de

Medellin

ESP

144A

4.25%,

07/18/29

1,400

1,207,983

4.38%,

02/15/31

775

632,935

VANECK

EMERGING

MARKETS

HIGH

YIELD

BOND

ETF

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

4

Par

(000’s)

Value

Colombia

(continued)

Geopark

Ltd.

144A

5.50%,

01/17/27

$

675

$

602,339

Grupo

Aval

Ltd.

144A

4.38%,

02/04/30

1,400

1,161,064

Grupo

de

Inversiones

Suramericana

SA

144A

5.50%,

04/29/26

750

732,968

Oleoducto

Central

SA

144A

4.00%,

07/14/27

550

509,448

Orazul

Energy

Peru

SA

144A

5.62%,

04/28/27

500

473,105

Telecomunicaciones

Digitales

SA

144A

4.50%,

01/30/30

850

747,205

Telefonica

Celular

del

Paraguay

SA

144A

5.88%,

04/15/27

700

679,401

Termocandelaria

Power

Ltd.

144A

7.88%,

01/30/29

35

34,333

19,892,370

Costa

Rica

:

0.3%

Instituto

Costarricense

de

Electricidad

144A

6.38%,

05/15/43 †

675

584,618

6.75%,

10/07/31

450

448,875

1,033,493

Cyprus

:

0.3%

MHP

Lux

SA

144A

6.25%,

09/19/29

450

321,750

6.95%,

04/03/26

775

631,362

953,112

Czech

Republic

:

0.3%

Energo-Pro

AS

144A

8.50%,

02/04/27

650

648,648

11.00%,

11/02/28

400

419,500

1,068,148

Dominican

Republic

:

0.1%

Empresa

Generadora

de

Electricidad

Haina

SA

144A

5.62%,

11/08/28

400

360,872

Underline

France

:

0.1%

Aeropuertos

Dominicanos

Siglo

XXI

SA

144A

6.75%,

03/30/29

500

501,945

Underline

Georgia

:

0.3%

Georgian

Railway

JSC

144A

4.00%,

06/17/28

775

710,872

Silknet

JSC

144A

8.38%,

01/31/27

475

479,750

1,190,622

Ghana

:

0.4%

Kosmos

Energy

Ltd.

144A

7.12%,

04/04/26 †

975

938,667

Tullow

Oil

Plc

144A

7.00%,

03/01/25

650

613,164

1,551,831

Par

(000’s)

Value

Greece

:

0.2%

Navios

South

American

Logistics,

Inc.

/

Navios

Logistics

Finance

US

Inc

144A

10.75%,

07/01/25

$

675

$

672,359

Underline

Guatemala

:

0.5%

Banco

Industrial

SA

144A

4.88%

(US

Treasury

Yield

Curve

Rate

T

5

Year+4.44%),

01/29/31

450

429,401

Central

American

Bottling

Corp.

/

CBC

Bottling

Holdco

SL

/

Beliv

Holdco

SL

144A

5.25%,

04/27/29

1,550

1,449,932

1,879,333

Honduras

:

0.1%

Inversiones

Atlantida

SA

144A

7.50%,

05/19/26

275

266,113

Underline

Hong

Kong

:

6.6%

Agile

Group

Holdings

Ltd.

Reg

S

6.05%,

10/13/25

650

99,093

Bank

of

East

Asia

Ltd.

Reg

S

5.83%

(US

Treasury

Yield

Curve

Rate

T

5

Year+5.53%),

12/31/99 (o)

1,000

900,625

CAS

Capital

No

1

Ltd.

Reg

S

4.00%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.64%),

12/31/99 (o)

1,050

913,521

Central

Plaza

Development

Ltd.

Reg

S

3.85%,

07/14/25

600

533,862

Champion

Path

Holdings

Ltd.

Reg

S

4.50%,

01/27/26

650

616,664

4.85%,

01/27/28

650

575,180

China

CITIC

Bank

International

Ltd.

Reg

S

3.25%

(US

Treasury

Yield

Curve

Rate

T

5

Year+2.53%),

12/31/99 (o)

750

712,915

4.80%

(US

Treasury

Yield

Curve

Rate

T

5

Year+2.10%),

12/31/99 (o)

900

885,351

China

Oil

&

Gas

Group

Ltd.

Reg

S

4.70%,

06/30/26

500

465,782

China

Water

Affairs

Group

Ltd.

Reg

S

4.85%,

05/18/26

500

431,237

Easy

Tactic

Ltd.

6.50%,

07/11/27

67

4,012

Fortune

Star

BVI

Ltd.

Reg

S

5.00%,

05/18/26

750

632,075

5.05%,

01/27/27

600

460,518

5

Par

(000’s)

Value

Hong

Kong

(continued)

Franshion

Brilliant

Ltd.

Reg

S

4.25%,

07/23/29

$

600

$

409,464

6.00%

(US

Treasury

Yield

Curve

Rate

T

5

Year+5.58%),

12/31/99 (o)

700

605,776

Huarong

Finance

2017

Co.

Ltd.

Reg

S

4.25%,

11/07/27

1,500

1,377,585

4.75%,

04/27/27

1,150

1,079,562

4.95%,

11/07/47

550

426,816

Huarong

Finance

2019

Co.

Ltd.

Reg

S

4.50%,

05/29/29

750

677,092

Li

&

Fung

Ltd.

Reg

S

5.00%,

08/18/25

400

386,994

Melco

Resorts

Finance

Ltd.

144A

4.88%,

06/06/25 †

1,500

1,459,687

5.25%,

04/26/26 †

800

765,500

5.38%,

12/04/29

1,450

1,296,796

5.62%,

07/17/27 †

750

706,469

5.75%,

07/21/28

1,150

1,077,227

Nanyang

Commercial

Bank

Ltd.

Reg

S

6.50%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.51%),

12/31/99 (o)

1,050

1,043,090

7.35%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.16%),

12/31/99 (o)

400

401,414

RKPF

Overseas

2019

A

Ltd.

Reg

S

5.90%,

03/05/25

300

193,356

RKPF

Overseas

2020

A

Ltd.

Reg

S

5.12%,

07/26/26

950

273,125

5.20%,

01/12/26

600

187,890

Seaspan

Corp.

144A

5.50%,

08/01/29

1,000

852,100

Studio

City

Finance

Ltd.

144A

5.00%,

01/15/29

1,489

1,272,470

6.00%,

07/15/25

600

592,167

6.50%,

01/15/28

675

626,511

Yanlord

Land

HK

Co.

Ltd.

Reg

S

5.12%,

05/20/26

750

529,241

Yuexiu

REIT

MTN

Co.

Ltd.

Reg

S

2.65%,

02/02/26

550

485,959

23,957,126

Hungary

:

0.3%

OTP

Bank

Nyrt

Reg

S

8.75%

(US

Treasury

Yield

Curve

Rate

T

5

Year+5.06%),

05/15/33

950

983,725

Underline

Par

(000’s)

Value

India

:

4.0%

Adani

Renewable

Energy

RJ

Ltd./

Kodangal

Solar

Parks

Pvt

Ltd.

/

Wardha

Solar

Maharashtra

144A

4.62%,

10/15/39

$

438

$

357,047

Delhi

International

Airport

Ltd.

144A

6.12%,

10/31/26

700

693,695

6.45%,

06/04/29

700

691,769

GMR

Hyderabad

International

Airport

Ltd.

144A

4.25%,

10/27/27

550

509,437

HPCL-Mittal

Energy

Ltd.

Reg

S

5.25%,

04/28/27

550

532,354

5.45%,

10/22/26

400

390,299

JSW

Hydro

Energy

Ltd.

144A

4.12%,

05/18/31

805

704,967

JSW

Infrastructure

Ltd.

144A

4.95%,

01/21/29

600

563,479

JSW

Steel

Ltd.

144A

3.95%,

04/05/27

750

700,758

5.05%,

04/05/32

725

643,722

JSW

Steel

Ltd.

Reg

S

5.38%,

04/04/25 †

500

495,201

Network

i2i

Ltd.

144A

5.65%

(US

Treasury

Yield

Curve

Rate

T

5

Year+4.28%),

12/31/99 (o)

1,375

1,362,969

Periama

Holdings

LLC

Reg

S

5.95%,

04/19/26

950

939,826

ReNew

Wind

Energy

AP2

/

ReNew

Power

Pvt

Ltd.

other

9

Subsidiaries

144A

4.50%,

07/14/28

850

776,786

Shriram

Finance

Ltd.

144A

4.15%,

07/18/25

550

530,871

6.62%,

04/22/27

1,000

1,008,125

Tata

Motors

Ltd.

Reg

S

5.88%,

05/20/25

400

397,700

UPL

Corp.

Ltd.

Reg

S

5.25%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.87%),

12/31/99 (o)

550

449,006

Vedanta

Resources

Finance

II

Plc

144A

9.25%,

04/23/26

600

484,299

13.88%,

01/21/27

1,300

1,227,038

Vedanta

Resources

Ltd.

144A

6.12%,

08/09/24

1,250

1,046,837

14,506,185

Indonesia

:

1.4%

Bakrie

Telecom

Pte

Ltd.

Reg

S

11.50%,

05/07/15 (d)

*

111

902

Bukit

Makmur

Mandiri

Utama

PT

144A

7.75%,

02/10/26 †

500

492,500

VANECK

EMERGING

MARKETS

HIGH

YIELD

BOND

ETF

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

6

Par

(000’s)

Value

Indonesia

(continued)

Cikarang

Listrindo

Tbk

PT

144A

4.95%,

09/14/26

$

675

$

654,250

Indika

Energy

Capital

IV

Pte

Ltd.

144A

8.25%,

10/22/25

825

827,325

Japfa

Comfeed

Indonesia

Tbk

PT

Reg

S

5.38%,

03/23/26

500

452,484

Medco

Bell

Pte

Ltd.

144A

6.38%,

01/30/27

750

723,519

Medco

Oak

Tree

Pte

Ltd.

144A

7.38%,

05/14/26

675

672,348

Nickel

Industries

Ltd.

144A

11.25%,

10/21/28

600

635,856

Pakuwon

Jati

Tbk

PT

Reg

S

4.88%,

04/29/28

600

560,932

5,020,116

Israel

:

2.9%

Energian

Israel

Finance

Ltd.

144A

Reg

S

8.50%,

09/30/33

1,150

1,082,555

Leviathan

Bond

Ltd.

144A

Reg

S

6.12%,

06/30/25

850

822,850

6.50%,

06/30/27

850

794,323

6.75%,

06/30/30

775

697,038

Teva

Pharmaceutical

Finance

Co.

LLC

6.15%,

02/01/36 †

850

815,639

Teva

Pharmaceutical

Finance

Netherlands

III

BV

3.15%,

10/01/26

3,550

3,305,464

4.10%,

10/01/46

2,123

1,455,272

6.75%,

03/01/28

1,325

1,359,318

7.12%,

01/31/25

250

252,000

10,584,459

Kuwait

:

0.4%

Kuwait

Projects

Co.

SPC

Ltd.

Reg

S

4.23%,

10/29/26

800

708,630

4.50%,

02/23/27

750

657,452

1,366,082

Luxembourg

:

2.8%

3R

Lux

SARL

144A

9.75%,

02/05/31

500

499,125

Acu

Petroleo

Luxembourg

Sarl

144A

7.50%,

01/13/32

436

418,426

Aegea

Finance

Sarl

144A

6.75%,

05/20/29

350

339,880

9.00%,

01/20/31

325

342,022

Consolidated

Energy

Finance

SA

144A

5.62%,

10/15/28

700

573,041

Cosan

Luxembourg

SA

144A

7.25%,

06/27/31

500

505,000

Par

(000’s)

Value

Luxembourg

(continued)

7.50%,

06/27/30

$

325

$

334,764

CSN

Resources

SA

144A

4.62%,

06/10/31

625

509,020

5.88%,

04/08/32

375

322,509

8.88%,

12/05/30

325

333,626

Energian

Israel

Finance

Ltd.

144A

Reg

S

4.88%,

03/30/26

875

808,413

5.38%,

03/30/28

825

722,164

5.88%,

03/30/31

850

709,415

FORESEA

Holding

SA

144A

7.50%,

06/15/30

200

184,682

FS

Luxembourg

Sarl

144A

8.88%,

02/12/31

300

296,295

Hidrovias

International

Finance

SARL

144A

4.95%,

02/08/31

250

205,282

MC

Brazil

Downstream

Trading

Sarl

144A

7.25%,

06/30/31

1,141

877,863

Minerva

Luxembourg

SA

144A

4.38%,

03/18/31 †

800

659,381

8.88%,

09/13/33

700

734,708

Petrorio

Luxembourg

Trading

Sarl

144A

6.12%,

06/09/26

400

393,930

Poinsettia

Finance

Ltd.

144A

6.62%,

06/17/31

171

143,360

Rumo

Luxembourg

Sarl

144A

4.20%,

01/18/32

300

252,255

10,165,161

Macao

:

0.3%

MGM

China

Holdings

Ltd.

144A

4.75%,

02/01/27

1,000

934,301

Underline

Mauritius

:

2.7%

Axian

Telecom

144A

7.38%,

02/16/27

525

496,781

Azure

Power

Energy

Ltd.

144A

3.58%,

08/19/26

561

516,561

CA

Magnum

Holdings

144A

5.38%,

10/31/26

1,425

1,339,251

Clean

Renewable

Power

Mauritius

Pte

Ltd.

144A

4.25%,

03/25/27

450

418,327

Diamond

II

Ltd.

144A

7.95%,

07/28/26

575

583,057

Greenko

Power

II

Ltd.

144A

4.30%,

12/13/28

1,328

1,208,184

Greenko

Wind

Projects

Mauritius

Ltd.

144A

5.50%,

04/06/25

1,175

1,163,367

IHS

Netherlands

Holdco

BV

144A

8.00%,

09/18/27

1,450

1,340,131

7

Par

(000’s)

Value

Mauritius

(continued)

India

Airport

Infra

144A

6.25%,

10/25/25

$

475

$

473,219

India

Clean

Energy

Holdings

144A

4.50%,

04/18/27

550

493,856

India

Green

Power

Holdings

144A

4.00%,

02/22/27

650

602,887

Liquid

Telecommunications

Financing

Plc

144A

5.50%,

09/04/26

800

503,187

Network

i2i

Ltd.

144A

3.98%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.39%),

12/31/99 (o)

725

683,310

9,822,118

Mexico

:

6.6%

Alsea

SAB

de

CV

144A

7.75%,

12/14/26

725

733,894

Banco

Nacional

de

Comercio

Exterior

SNC

144A

2.72%

(US

Treasury

Yield

Curve

Rate

T

5

Year+2.00%),

08/11/31

700

597,878

Braskem

Idesa

SAPI

144A

6.99%,

02/20/32

1,650

1,077,271

Cemex

SAB

de

CV

144A

3.88%,

07/11/31

1,550

1,382,195

5.12%

(US

Treasury

Yield

Curve

Rate

T

5

Year+4.53%),

12/31/99 (o)

1,400

1,334,352

5.20%,

09/17/30

1,000

974,961

5.45%,

11/19/29

1,050

1,043,672

9.12%

(US

Treasury

Yield

Curve

Rate

T

5

Year+5.16%),

12/31/99 (o)

1,400

1,492,359

CIBanco

SA

Institution

de

Banca

Multiple

Trust

144A

4.38%,

07/22/31

550

419,791

Electricidad

Firme

de

Mexico

Holdings

SA

de

CV

144A

4.90%,

11/20/26

500

463,703

Grupo

Aeromexico

SAB

de

CV

144A

8.50%,

03/17/27

950

911,176

Grupo

Axo

SAPI

de

CV

144A

5.75%,

06/08/26

475

444,212

KUO

SAB

De

CV

144A

5.75%,

07/07/27

625

563,692

Metalsa

Sapi

De

Cv

144A

3.75%,

05/04/31

450

367,438

Nemak

SAB

de

CV

144A

3.62%,

06/28/31 †

675

542,487

Petroleos

Mexicanos

4.50%,

01/23/26

250

235,619

5.35%,

02/12/28

475

416,837

5.50%,

06/27/44

150

90,051

5.62%,

01/23/46

150

88,773

5.95%,

01/28/31

900

710,883

Par

(000’s)

Value

Mexico

(continued)

6.35%,

02/12/48

$

375

$

231,818

6.38%,

01/23/45

275

173,515

6.49%,

01/23/27

375

352,752

6.50%,

03/13/27

975

914,904

6.50%,

01/23/29

300

266,537

6.50%,

06/02/41

375

252,896

6.62%,

06/15/35

650

489,672

6.62%,

06/15/38

125

86,644

6.70%,

02/16/32

1,650

1,348,224

6.75%,

09/21/47

1,300

830,303

6.84%,

01/23/30 †

550

472,598

6.88%,

10/16/25

225

223,380

6.88%,

08/04/26

600

585,587

6.95%,

01/28/60

850

545,709

7.69%,

01/23/50

1,950

1,364,478

8.75%,

06/02/29

450

434,970

10.00%,

02/07/33

450

445,308

Sixsigma

Networks

Mexico

SA

de

CV

144A

7.50%,

05/02/25 †

475

447,545

Total

Play

Telecomunicaciones

SA

de

CV

144A

6.38%,

09/20/28

800

349,700

7.50%,

11/12/25

800

469,556

24,177,340

Morocco

:

0.9%

OCP

SA

144A

3.75%,

06/23/31

1,125

953,848

4.50%,

10/22/25

750

729,660

5.12%,

06/23/51

925

670,894

6.88%,

04/25/44

925

855,858

3,210,260

Netherlands

:

1.9%

Braskem

Netherlands

Finance

BV

144A

7.25%,

02/13/33 †

675

602,723

8.50%,

01/12/31

625

596,081

Coruripe

Netherlands

BV

144A

10.00%,

02/10/27

175

141,043

Embraer

Netherlands

Finance

BV

144A

7.00%,

07/28/30

500

526,217

Greenko

Dutch

BV

144A

3.85%,

03/29/26

786

742,023

Greenko

Dutch

BV

Reg

S

3.85%,

03/29/26

278

261,891

Petrobras

Global

Finance

BV

5.50%,

06/10/51 †

325

269,957

6.50%,

07/03/33 †

575

571,482

Teva

Pharmaceutical

Finance

Netherlands

III

BV

4.75%,

05/09/27

1,075

1,040,063

5.12%,

05/09/29 †

1,075

1,037,168

7.88%,

09/15/29

650

701,912

8.12%,

09/15/31

550

604,783

7,095,343

VANECK

EMERGING

MARKETS

HIGH

YIELD

BOND

ETF

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

8

Par

(000’s)

Value

Nigeria

:

0.9%

Access

Bank

Plc

144A

6.12%,

09/21/26

$

600

$

553,442

EBN

Finance

Co.

BV

144A

7.12%,

02/16/26

450

423,364

Fidelity

Bank

Plc

144A

7.62%,

10/28/26

500

463,750

First

Bank

of

Nigeria

Ltd.

Via

FBN

Finance

Co.

BV

144A

8.62%,

10/27/25

450

448,448

SEPLAT

Energy

Plc

144A

7.75%,

04/01/26

900

839,850

United

Bank

for

Africa

Plc

144A

6.75%,

11/19/26

500

469,620

3,198,474

Oman

:

1.5%

Bank

Muscat

SAOG

Reg

S

4.75%,

03/17/26

700

686,885

Lamar

Funding

Ltd.

144A

3.96%,

05/07/25

1,375

1,336,573

Mazoon

Assets

Co.

SAOC

144A

5.20%,

11/08/27

700

689,129

OmGrid

Funding

Ltd.

144A

5.20%,

05/16/27

900

886,437

OQ

SAOC

144A

5.12%,

05/06/28

1,050

1,031,335

Oztel

Holdings

SPC

Ltd.

144A

6.62%,

04/24/28

975

1,010,844

5,641,203

Pakistan

:

0.1%

Pakistan

Water

&

Power

Development

Authority

Reg

S

7.50%,

06/04/31

650

376,722

Underline

Panama

:

0.5%

Banco

General

SA

144A

5.25%

(US

Treasury

Yield

Curve

Rate

T 10

Year+3.67%),

12/31/99 (o)

550

469,397

Banistmo

SA

144A

4.25%,

07/31/27

550

517,418

Global

Bank

Corp.

144A

5.25%

(ICE

LIBOR

USD

3

Month+3.30%),

04/16/29

500

461,633

Multibank,

Inc.

144A

7.75%,

02/03/28

400

407,750

1,856,198

Paraguay

:

0.2%

Banco

Continental

SAECA

144A

2.75%,

12/10/25

400

375,196

Frigorifico

Concepcion

SA

144A

7.70%,

07/21/28

425

375,392

750,588

Par

(000’s)

Value

Peru

:

2.1%

Banco

Internacional

del

Peru

SAA

Interbank

144A

4.00%

(US

Treasury

Yield

Curve

Rate

T 1

Year+3.71%),

07/08/30

$

400

$

382,283

7.62%

(US

Treasury

Yield

Curve

Rate

T 1

Year+3.65%),

01/16/34

425

444,389

Camposol

SA

144A

6.00%,

02/03/27

475

345,033

Cia

de

Minas

Buenaventura

SAA

144A

5.50%,

07/23/26

775

741,365

InRetail

Shopping

Malls

144A

5.75%,

04/03/28

525

510,925

Minsur

SA

144A

4.50%,

10/28/31 †

700

610,936

Peru

LNG

Srl

144A

5.38%,

03/22/30

1,325

1,091,842

Petroleos

del

Peru

SA

144A

4.75%,

06/19/32

1,350

996,758

5.62%,

06/19/47

2,750

1,766,436

San

Miguel

Industrias

PET

SA

/

NG

PET

R&P

Latin

America

SA

144A

3.50%,

08/02/28

525

454,511

Volcan

Cia

Minera

SAA

144A

4.38%,

02/11/26

550

320,947

7,665,425

Philippines

:

0.1%

Rizal

Commercial

Banking

Corp.

Reg

S

6.50%

(US

Treasury

Yield

Curve

Rate

T

5

Year+6.24%),

12/31/99 (o)

400

388,993

Underline

Poland

:

0.4%

Canpack

SA

/

Canpack

US

LLC

144A

3.12%,

11/01/25

525

502,202

3.88%,

11/15/29

1,150

1,014,725

1,516,927

Saudi

Arabia

:

0.4%

Dar

Al-Arkan

Sukuk

Co.

Ltd.

Reg

S

6.75%,

02/15/25

950

948,966

6.88%,

02/26/27

600

596,595

1,545,561

Singapore

:

1.8%

Continuum

Energy

Aura

Pte

Ltd.

144A

9.50%,

02/24/27 †

625

649,216

Continuum

Energy

Levanter

Pte

Ltd.

144A

4.50%,

02/09/27

713

679,989

GLP

Pte

Ltd.

Reg

S

3.88%,

06/04/25

1,450

1,136,800

9

Par

(000’s)

Value

Singapore

(continued)

4.50%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.73%),

12/31/99 (o)

$

1,300

$

514,410

4.60%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.73%),

12/31/99 (o)

200

73,808

Greenko

Solar

Mauritius

Ltd.

144A

5.95%,

07/29/26

700

685,912

Medco

Maple

Tree

Pte

Ltd.

144A

8.96%,

04/27/29

650

667,469

Puma

International

Financing

SA

144A

5.00%,

01/24/26

1,000

949,665

Star

Energy

Geothermal

Wayang

Windu

Ltd.

144A

6.75%,

04/24/33

649

649,220

TML

Holdings

Pte

Ltd.

Reg

S

4.35%,

06/09/26

700

669,389

6,675,878

South

Africa

:

2.1%

Eskom

Holdings

SOC

Ltd.

144A

6.35%,

08/10/28

1,400

1,360,611

7.12%,

02/11/25

1,700

1,694,985

8.45%,

08/10/28

675

676,292

Eskom

Holdings

SOC

Ltd.

Reg

S

4.31%,

07/23/27

750

698,749

MTN

Mauritius

Investments

Ltd.

144A

6.50%,

10/13/26 †

700

709,800

Sasol

Financing

USA

LLC

6.50%,

09/27/28 †

1,075

1,018,446

Transnet

SOC

Ltd.

144A

8.25%,

02/06/28

1,400

1,410,601

7,569,484

Spain

:

0.7%

AES

Espana

BV

144A

5.70%,

05/04/28

400

369,966

AI

Candelaria

Spain

SA

144A

5.75%,

06/15/33

825

638,188

Banco

Bilbao

Vizcaya

Argentaria

Colombia

SA

144A

4.88%,

04/21/25

550

543,488

Colombia

Telecomunicaciones

SA

ESP

144A

4.95%,

07/17/30

700

450,936

International

Airport

Finance

SA

144A

12.00%,

03/15/33

610

621,880

2,624,458

Tanzania

:

0.1%

AngloGold

Ashanti

Holdings

Plc

Par

(000’s)

Value

Tanzania

(continued)

6.50%,

04/15/40

$

425

$

422,722

Underline

Thailand

:

0.7%

Bangkok

Bank

PCL

144A

3.73%

(US

Treasury

Yield

Curve

Rate

T

5

Year+1.90%),

09/25/34

1,625

1,446,509

Kasikornbank

PCL

Reg

S

3.34%

(US

Treasury

Yield

Curve

Rate

T

5

Year+1.70%),

10/02/31

1,200

1,112,262

2,558,771

Trinidad

and

Tobago

:

0.7%

Heritage

Petroleum

Co.

Ltd.

144A

9.00%,

08/12/29

800

847,600

National

Gas

Co.

of

Trinidad

&

Tobago

Ltd.

144A

6.05%,

01/15/36

525

486,953

Telecommunications

Services

of

Trinidad

&

Tobago

Ltd.

144A

8.88%,

10/18/29

325

300,952

Trinidad

Generation

Unlimited

144A

5.25%,

11/04/27

850

834,975

2,470,480

Turkey

:

7.1%

Akbank

TAS

144A

5.12%,

03/31/25

825

815,719

6.80%,

02/06/26 †

625

627,375

6.80%

(US

Treasury

Yield

Curve

Rate

T

5

Year+6.01%),

06/22/31

650

640,165

Anadolu

Efes

Biracilik

Ve

Malt

Sanayii

AS

144A

3.38%,

06/29/28

775

673,354

Arcelik

AS

Reg

S

8.50%,

09/25/28

700

727,860

Aydem

Yenilenebilir

Enerji

AS

144A

7.75%,

02/02/27

1,000

943,393

KOC

Holding

AS

144A

6.50%,

03/11/25

1,050

1,052,016

Limak

Iskenderun

Uluslararasi

Liman

Isletmeciligi

AS

144A

9.50%,

07/10/36

496

456,268

Mersin

Uluslararasi

Liman

Isletmeciligi

AS

144A

8.25%,

11/15/28 †

800

827,000

Pegasus

Hava

Tasimaciligi

AS

144A

9.25%,

04/30/26

550

564,960

QNB

Finansbank

AS

Reg

S

10.75%

(US

Treasury

Yield

Curve

Rate

T

5

Year+6.24%),

11/15/33

450

488,255

VANECK

EMERGING

MARKETS

HIGH

YIELD

BOND

ETF

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

10

Par

(000’s)

Value

Turkey

(continued)

TAV

Havalimanlari

Holding

AS

144A

8.50%,

12/07/28

$

575

$

589,369

TC

Ziraat

Bankasi

AS

144A

5.38%,

03/02/26

800

776,108

8.00%,

01/16/29

600

604,053

9.50%,

08/01/26

750

790,955

Turk

Telekomunikasyon

AS

144A

6.88%,

02/28/25

755

752,117

Turkcell

Iletisim

Hizmetleri

AS

144A

5.75%,

10/15/25

675

666,822

5.80%,

04/11/28

675

643,093

Turkiye

Ihracat

Kredi

Bankasi

AS

144A

5.75%,

07/06/26

950

925,119

9.00%,

01/28/27

800

830,718

9.38%,

01/31/26

750

784,278

Turkiye

Sinai

Kalkinma

Bankasi

AS

144A

5.88%,

01/14/26

550

540,005

9.38%,

10/19/28

400

426,380

Turkiye

Sise

ve

Cam

Fabrikalari

AS

144A

6.95%,

03/14/26

975

978,715

Turkiye

Vakiflar

Bankasi

TAO

144A

5.25%,

02/05/25

1,125

1,115,606

5.50%,

10/01/26

675

649,363

6.50%,

01/08/26 †

1,125

1,116,246

9.00%,

10/12/28

1,000

1,046,958

Ulker

Biskuvi

Sanayi

AS

144A

6.95%,

10/30/25

900

885,836

Yapi

ve

Kredi

Bankasi

AS

144A

7.88%

(US

Treasury

Yield

Curve

Rate

T

5

Year+7.42%),

01/22/31

600

603,381

9.25%,

10/16/28

1,200

1,266,960

9.25%

(US

Treasury

Yield

Curve

Rate

T

5

Year+5.28%),

01/17/34 †

800

805,000

Ziraat

Katilim

Varlik

Kiralama

AS

Reg

S

9.38%,

11/12/26

700

739,431

Zorlu

Yenilenebilir

Enerji

AS

144A

9.00%,

06/01/26

400

392,000

25,744,878

Ukraine

:

0.8%

Kernel

Holding

SA

144A

6.75%,

10/27/27

400

271,249

Metinvest

BV

144A

7.65%,

10/01/27

450

315,000

7.75%,

10/17/29

700

470,501

NAK

Naftogaz

Ukraine

via

Kondor

Finance

Plc

144A

7.62%,

11/08/28

650

343,938

Par

(000’s)

Value

Ukraine

(continued)

NPC

Ukrenergo

144A

6.88%,

11/09/28

$

1,100

$

315,700

State

Agency

of

Roads

of

Ukraine

144A

6.25%,

06/24/30

1,000

256,998

Ukraine

Railways

Via

Rail

Capital

Markets

Plc

Reg

S

8.25%,

07/09/26

1,100

635,250

VF

Ukraine

PAT

via

VFU

Funding

Plc

144A

6.20%,

02/11/25

400

319,142

2,927,778

United

Arab

Emirates

:

2.2%

Alpha

Star

Holding

VII

Ltd.

Reg

S

7.75%,

04/27/26

900

911,774

Alpha

Star

Holding

VIII

Ltd.

Reg

S

8.38%,

04/12/27

200

206,000

DP

World

Salaam

Reg

S

6.00%

(US

Treasury

Yield

Curve

Rate

T

5

Year+5.75%),

12/31/99 (o)

2,150

2,136,562

Emirates

NBD

Bank

PJSC

Reg

S

6.12%

(CMT

USD

6

Year+3.66%),

12/31/99 (o)

1,450

1,446,126

GEMS

Menasa

Cayman

Ltd.

/

GEMS

Education

Delaware

LLC

144A

7.12%,

07/31/26

1,250

1,239,031

MAF

Global

Securities

Ltd.

Reg

S

6.38%

(US

Treasury

Yield

Curve

Rate

T

5

Year+3.54%),

12/31/99 (o)

550

543,469

Shelf

Drilling

Holdings

Ltd.

144A

9.62%,

04/15/29

1,600

1,553,440

8,036,402

United

Kingdom

:

3.0%

Allwyn

Entertainment

Financing

UK

Plc

144A

7.88%,

04/30/29

1,050

1,087,537

Avianca

Midco

2

Plc

144A

9.00%,

12/01/28

225

202,221

9.00%,

12/01/28

2,200

1,977,269

Bidvest

Group

UK

Plc

144A

3.62%,

09/23/26

1,125

1,050,064

Endeavour

Mining

Plc

144A

5.00%,

10/14/26 †

775

716,807

IHS

Holding

Ltd.

144A

5.62%,

11/29/26

675

611,568

6.25%,

11/29/28

625

529,425

Tullow

Oil

Plc

144A

10.25%,

05/15/26

2,100

1,935,528

Vedanta

Resources

Finance

II

Plc

144A

13.88%,

12/09/28

1,800

1,563,597

11

Par

(000’s)

Value

United

Kingdom

(continued)

WE

Soda

Investments

Holding

Plc

144A

9.50%,

10/06/28 †

$

1,400

$

1,433,695

11,107,711

United

States

:

5.0%

ABRA

Global

Finance

144A

11.50%,

03/02/28

614

461,792

AES

Andes

SA

144A

6.35%

(US

Treasury

Yield

Curve

Rate

T

5

Year+4.92%),

10/07/79

400

379,814

Azul

Secured

Finance

LLP

144A

10.88%,

05/28/30

350

291,116

11.93%,

08/28/28

550

560,713

Energuate

Trust

144A

5.88%,

05/03/27

500

476,745

EnfraGen

Energia

Sur

SA

/

EnfraGen

Spain

SA

/

Prime

Energia

SpA

144A

5.38%,

12/30/30

1,000

783,438

Kosmos

Energy

Ltd.

144A

7.50%,

03/01/28

550

509,333

7.75%,

05/01/27 †

600

567,486

Mercury

Chile

Holdco

LLC

144A

6.50%,

01/24/27

500

465,984

MGM

China

Holdings

Ltd.

144A

5.25%,

06/18/25

658

642,014

5.88%,

05/15/26

1,100

1,077,819

Mong

Duong

Finance

Holdings

BV

144A

5.12%,

05/07/29

876

823,075

Playtika

Holding

Corp.

144A

4.25%,

03/15/29

850

730,613

Sasol

Financing

USA

LLC

4.38%,

09/18/26

825

771,988

5.50%,

03/18/31

1,175

987,598

Sasol

Financing

USA

LLC

144A

8.75%,

05/03/29

1,400

1,426,090

SierraCol

Energy

Andina

LLC

144A

6.00%,

06/15/28

858

723,590

Stillwater

Mining

Co.

144A

4.00%,

11/16/26

925

820,475

4.50%,

11/16/29

750

591,712

Wynn

Macau

Ltd.

144A

5.12%,

12/15/29

1,375

1,224,338

5.50%,

01/15/26

1,375

1,336,665

5.50%,

10/01/27 †

1,000

940,902

5.62%,

08/26/28

1,925

1,792,803

18,386,103

Uruguay

:

0.1%

Arcos

Dorados

BV

144A

6.12%,

05/27/29

550

544,858

Underline

Par

(000’s)

Value

Uzbekistan

:

0.5%

Ipoteka-Bank

ATIB

Reg

S

5.50%,

11/19/25

$

400

$

378,328

National

Bank

of

Uzbekistan

Reg

S

4.85%,

10/21/25

400

378,500

Uzauto

Motors

AJ

144A

4.85%,

05/04/26

400

359,960

Uzbekneftegaz

JSC

144A

4.75%,

11/16/28

950

795,735

1,912,523

Zambia

:

1.3%

First

Quantum

Minerals

Ltd.

144A

6.88%,

03/01/26 †

1,375

1,311,253

6.88%,

10/15/27

2,075

1,880,977

7.50%,

04/01/25

1,450

1,434,152

4,626,382

Total

Corporate

Bonds

(Cost:

$378,833,355)

345,434,020

GOVERNMENT

OBLIGATIONS

:

2.4%

Argentina

:

1.8%

Ciudad

Autonoma

De

Buenos

Aires

144A

7.50%,

06/01/27

1,250

1,212,519

Provincia

de

Buenos

Aires/

Government

Bonds

144A

6.38%,

09/01/37 (s)

7,225

2,837,027

Provincia

de

Cordoba

144A

6.88%,

02/01/29

582

445,174

6.99%,

06/01/27 (s)

757

620,905

Provincia

de

Mendoza

144A

5.75%,

03/19/29 (s)

719

595,811

Provincia

de

Neuquen

144A

6.75%,

04/27/30 (s)

500

415,000

Provincia

del

Chubut

144A

7.75%,

07/26/30 (s)

620

531,888

6,658,324

Turkey

:

0.6%

Istanbul

Metropolitan

Municipality

144A

6.38%,

12/09/25

750

730,617

10.50%,

12/06/28

1,000

1,058,690

10.75%,

04/12/27

475

504,184

2,293,491

Total

Government

Obligations

(Cost:

$8,884,310)

8,951,815

Total

Investments

Before

Collateral

for

Securities

Loaned:

97.0%

(Cost:

$387,717,665)

354,385,835

VANECK

EMERGING

MARKETS

HIGH

YIELD

BOND

ETF

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

12

FootnoteRuleAboveBlank

Footnotes:

Number

of

Shares

Value

SHORT-TERM

INVESTMENT

HELD

AS

COLLATERAL

FOR

SECURITIES

ON

LOAN:

4.2%

Money

Market

Fund:

4.2%

(Cost:

$15,330,840)

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

15,330,840

$

15,330,840

Total

Investments:

101.2%

(Cost:

$403,048,505)

369,716,675

Liabilities

in

excess

of

other

assets:

(1.2)%

(4,516,526)

NET

ASSETS:

100.0%

$

365,200,149

Definitions:

LIBOR

London

Interbank

Offered

Rate

USD

United

States

Dollar

(s)

The

rate

shown

reflects

the

rate

in

effect

at

the

end

of

the

reporting

period.

Coupon

adjusts

periodically

based

upon

a

predetermined

schedule

^

Zero

Coupon

Bond

†

Security

fully

or

partially

on

loan.

Total

market

value

of

securities

on

loan

is

$14,691,731.

(o)

Perpetual

Maturity

—

the

date

shown

is

the

next

call

date

*

Non-income

producing

(d)

Security

in

default

Reg

S

Security

was

purchased

pursuant

to

Regulation

S

under

the

Securities

Act

of

1933,

which

exempts

from

registration

securities

offered

and

sold

outside

of

the

United

States.

Such

a

security

cannot

be

sold

in

the

United

States

without

either

an

effective

registration

statement

filed

pursuant

to

the

Securities

Act

of

1933,

or

pursuant

to

an

exemption

from

registration.

144A

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended,

or

otherwise

restricted.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

unless

otherwise

noted.

These

securities

have

an

aggregate

value

of

$248,621,699,

or

68.1%

of

net

assets.

Summary

of

Investments

by

Sector

Excluding

Collateral

for

Securities

Loaned

%

of

Investments

Value

Financials

30.3

%

$

107,578,369

Energy

20.3

72,013,898

Basic

Materials

11.4

40,425,064

Industrials

10.0

35,302,258

Utilities

8.1

28,634,407

Consumer

Cyclicals

4.8

16,964,546

Technology

4.1

14,440,472

Consumer

Non-Cyclicals

3.5

12,512,664

Healthcare

3.2

11,298,080

Government

2.6

9,208,813

Real

Estate

1.7

6,007,264

100.0

%

$

354,385,835