| Security name | Curren cy | Quantity or nominal | Current value | % Net assets |
| --- | --- | --- | --- | --- |
| Bonds and equivalent securities |  |  |  |  |
| Bonds and equivalent securities traded on a regulated or |  |  |  |  |
| equivalent market |  |  |  |  |
| GERMANY |  |  |  |  |
| ADLER REAL ESTATE AG 3.0% 27-04-26 | EUR | 3,000,000 | 3,006,168.90 | 0.61 |
| CBR FASHION FINANCE BV 5.125% 01-10-22 | EUR | 5,000,000 | 4,676,311.81 | 0.95 |
| CTC BONDCO GMBH 5.25% 15-12-25 | EUR | 1,500,000 | 1,462,266.25 | 0.29 |
| HP PELZER 4.125% 01-04-24 | EUR | 5,000,000 | 3,995,072.92 | 0.82 |
| KION GROUP AG 1.625% 24-09-25 | EUR | 600,000 | 604,017.70 | 0.12 |
| NIDDA HEALTHCARE HOLDING 3.5% 30-09-24 | EUR | 3,000,000 | 2,948,233.33 | 0.60 |
| NIDDA HEALTHCARE HOLDING AG 3.5% 30-09-24 | EUR | 1,700,000 | 1,670,784.56 | 0.34 |
| NORDEX AG 6.5% 01-02-23 | EUR | 1,000,000 | 1,042,443.89 | 0.21 |
| NOVEM GROUP GMBH E3R+5.25% 15-05-24 | EUR | 3,200,000 | 3,094,138.71 | 0.63 |
| SCHAEFFLER VERWALTUNG ZWEI GMBH FIX 15-05-25 | EUR | 2,400,000 | 2,455,236.33 | 0.50 |
| SCHA VERW ZWE FIX 15-09-26 | EUR | 3,800,000 | 3,882,653.17 | 0.79 |
| TECHEM VERWALTUNGSGESELLSCHAFT 675 MBH 2.0% 15- 07-25 | EUR | 3,900,000 | 3,772,578.33 | 0.77 |
| THYSSENKRUPP AG 1.875% 06-03-23 | EUR | 3,265,000 | 3,115,847.20 | 0.64 |
| THYSSENKRUPP AG 2.875% 22-02-24 | EUR | 2,000,000 | 1,928,774.15 | 0.39 |
| TOTAL GERMANY |  |  | 37,654,527.25 | 7.66 |
| AUSTRIA |  |  |  |  |
| AMS AGA 6.0% 31-07-25 | EUR | 7,000,000 | 7,543,223.33 | 1.53 |
| TOTAL AUSTRIA |  |  | 7,543,223.33 | 1.53 |
| BELGIUM |  |  |  |  |
| THE HOUSE OF FINANCE NV 4.375% 15-07-26 | EUR | 3,400,000 | 3,175,591.97 | 0.65 |
| TOTAL BELGIUM |  |  | 3,175,591.97 | 0.65 |
| SPAIN |  |  |  |  |
| EL CORTE INGLES 3.625% 15-03-24 | EUR | 3,000,000 | 3,040,560.00 | 0.62 |
| GESTAMP AUTOMOCION 3.25% 30-04-26 | EUR | 5,300,000 | 5,045,240.78 | 1.02 |
| GRUPO ANTOLIN IRAU 3.375% 30-04-26 | EUR | 3,000,000 | 2,508,180.00 | 0.51 |
| MASARIA INVESTMENTS SAU 5.0% 15-09-24 | EUR | 5,562,000 | 4,690,107.06 | 0.96 |
| TOTAL SPAIN |  |  | 15,284,087.84 | 3.11 |
| UNITED STATES |  |  |  |  |
| CHEMOURS COMPANY 4.0% 15-05-26 | EUR | 4,200,000 | 4,128,441.33 | 0.84 |
| COTY 4.75% 15-04-26 | EUR | 3,000,000 | 2,430,404.17 | 0.50 |
| FEDERALMOGUL 4.875% 15-04-22 | EUR | 2,260,000 | 2,256,168.36 | 0.46 |
| FEDERALMOGUL LLC FEDERALMOGUL FINAN 5.0% 15-07-24 | EUR | 800,000 | 764,683.56 | 0.16 |
| FORD MOTOR COMPANY 9.0% 22-04-25 | USD | 7,500,000 | 7,624,205.86 | 1.55 |

Translation (ENDE, 2020-09-30):
| Bezeichnung der Werte | Wäh- rung | Stückzahl, Anzahl od. nominal | Aktueller Wert | % Netto- vermö- gen |
| --- | --- | --- | --- | --- |
| Anleihen und ähnliche Wertpapiere |  |  |  |  |
| Anleihen und ähnliche Wertpapiere, die an einem geregelten |  |  |  |  |
| oder ähnlichen Markt gehandelt werden |  |  |  |  |
| DEUTSCHLAND |  |  |  |  |
| ADLER REAL ESTATE AG 3,0 % 27.04.26 | EUR | 3.000.000 | 3.006.168,90 | 0,61 |
| CBR FASHION FINANCE BV 5,125 % 01.10.22 | EUR | 5.000.000 | 4.676.311,81 | 0,95 |
| CTC BONDCO GMBH 5,25 % 15.12.25 | EUR | 1.500.000 | 1.462.266,25 | 0,29 |
| HP PELZER 4,125 % 01.04.24 | EUR | 5.000.000 | 3.995.072,92 | 0,82 |
| KION GROUP AG 1,625 % 24.09.25 | EUR | 600.000 | 604.017,70 | 0,12 |
| NIDDA HEALTHCARE HOLDING 3,5 % 30.09.24 | EUR | 3.000.000 | 2.948.233,33 | 0,60 |
| NIDDA HEALTHCARE HOLDING AG 3,5 % 30.09.24 | EUR | 1.700.000 | 1.670.784,56 | 0,34 |
| NORDEX AG 6,5 % 01.02.23 | EUR | 1.000.000 | 1.042.443,89 | 0,21 |
| NOVEM GROUP GMBH E3R+5,25 % 15.05.24 | EUR | 3.200.000 | 3.094.138,71 | 0,63 |
| SCHAEFFLER VERWALTUNG ZWEI GMBH FIX 15.05.25 | EUR | 2.400.000 | 2.455.236,33 | 0,50 |
| SCHA VERW ZWE FIX 15.09.26 | EUR | 3.800.000 | 3.882.653,17 | 0,79 |
| TECHEM VERWALTUNGSGESELLSCHAFT 675 MBH 2,0 % 15.07.25 | EUR | 3.900.000 | 3.772.578,33 | 0,77 |
| THYSSENKRUPP AG 1,875 % 06.03.2023 | EUR | 3.265.000 | 3.115.847,20 | 0,64 |
| THYSSENKRUPP AG 2,875 % 22.02.2024 | EUR | 2.000.000 | 1.928.774,15 | 0,39 |
| SUMME DEUTSCHLAND |  |  | 37.654.527,25 | 7,66 |
| ÖSTERREICH |  |  |  |  |
| AMS AGA 6,0 % 31.07.25 | EUR | 7.000.000 | 7.543.223,33 | 1,53 |
| SUMME ÖSTERREICH |  |  | 7.543.223,33 | 1,53 |
| BELGIEN |  |  |  |  |
| THE HOUSE OF FINANCE NV 4,375 % 15.07.26 | EUR | 3.400.000 | 3.175.591,97 | 0,65 |
| SUMME BELGIEN |  |  | 3.175.591,97 | 0,65 |
| SPANIEN |  |  |  |  |
| EL CORTE INGLES 3,625 % 15.03.24 | EUR | 3.000.000 | 3.040.560,00 | 0,62 |
| GESTAMP AUTOMOCION 3,25 % 30.04.26 | EUR | 5.300.000 | 5.045.240,78 | 1,02 |
| GRUPO ANTOLIN IRAU 3,375 % 30.04.26 | EUR | 3.000.000 | 2.508.180,00 | 0,51 |
| MASARIA INVESTMENTS SAU 5,0 % 15.09.24 | EUR | 5.562.000 | 4.690.107,06 | 0,96 |
| SUMME SPANIEN |  |  | 15.284.087,84 | 3,11 |
| VEREINIGTE STAATEN |  |  |  |  |
| CHEMOURS COMPANY 4,0 % 15.05.26 | EUR | 4.200.000 | 4.128.441,33 | 0,84 |
| COTY 4,75 % 15.04.2026 | EUR | 3.000.000 | 2.430.404,17 | 0,50 |
| FEDERALMOGUL 4,875 % 15.04.22 | EUR | 2.260.000 | 2.256.168,36 | 0,46 |
| FEDERALMOGUL LLC FEDERALMOGUL FINAN 5,0 % | EUR | 800.000 | 764.683,56 | 0,16 |
| FORD MOTOR COMPANY 9,0 % 22.04.25 | USD | 7.500.000 | 7.624.205,86 | 1,55 |