| Security name | Currenc y | Quantity or nominal amount | Current value | % of net assets |
| --- | --- | --- | --- | --- |
| LOXAM 4.25% 15-04-24 | EUR | 5,000,000 | 4,336,851.39 | 2.14 |
| MOBILUX FINANCE SAS 5.5% 15-11-24 | EUR | 4,500,000 | 3,593,117.50 | 1.77 |
| NEXANS 3.75% 08-08-23 | EUR | 1,000,000 | 937,020.25 | 0.46 |
| ORANO SA 4.875% 23-09-24 EMTN | EUR | 1,800,000 | 1,896,585.79 | 0.93 |
| QUATRIM SASU 5.875% 31-01-24 | EUR | 2,500,000 | 2,508,841.67 | 1.24 |
| REXEL 2.625% 15-06-24 EMTN | EUR | 1,700,000 | 1,532,519.54 | 0.76 |
| SPIE 3.125% 22-03-24 | EUR | 2,900,000 | 2,795,083.16 | 1.38 |
| VALLOUREC 2.25% 30/09/2024 | EUR | 1,200,000 | 632,199.54 | 0.31 |
| VALLOUREC 6.375% 15/10/2023 | EUR | 500,000 | 290,421.46 | 0.14 |
| VALLOUREC 6.625% 15/10/2022 | EUR | 150,000 | 89,904.40 | 0.04 |
| TOTAL FRANCE |  |  | 38,872,349.43 | 19.16 |
| BRITISH VIRGIN ISLANDS |  |  |  |  |
| PLAYTECH 3.75% 12-10-23 | EUR | 2,200,000 | 1,785,054.33 | 0.88 |
| TOTAL BRITISH VIRGIN ISLANDS |  |  | 1,785,054.33 | 0.88 |
| IRELAND |  |  |  |  |
| ARDAGH PACKAGING FIN PLC ARDAGH HLDGS 2.75% 15-03-24 | EUR | 2,050,000 | 1,973,439.90 | 0.97 |
| EIRCOM FINANCE 1.75% 01-11-24 | EUR | 1,500,000 | 1,372,969.17 | 0.68 |
| EUROPCAR DRIVE DESIGNATED ACTIVITY CO 4.125% 15-11-24 | EUR | 5,000,000 | 2,389,839.58 | 1.17 |
| SMURFIT KAPPA ACQUISITIONS 2.375% 01-02-24 | EUR | 1,000,000 | 1,006,669.31 | 0.50 |
| TOTAL IRELAND |  |  | 6,742,917.96 | 3.32 |
| ITALY |  |  |  |  |
| AUTO PER L IT 1.625% 12-06-23 | EUR | 2,000,000 | 1,823,685.36 | 0.90 |
| LIMA CORPORATE E3R+3.75% 15-08-23 | EUR | 3,300,000 | 2,951,011.29 | 1.45 |
| LKQ ITAL BOND 3.875% 01-04-24 | EUR | 3,700,000 | 3,681,639.26 | 1.82 |
| SAIP FIN 3.75% 08-09-23 EMTN | EUR | 1,000,000 | 939,499.02 | 0.46 |
| TELECOM ITALIA SPA EX OLIVETTI 3.625% 19-01-24 | EUR | 2,800,000 | 2,822,817.86 | 1.39 |
| TELECOM ITALIA SPA EX OLIVETTI 4.0% 11-04-24 | EUR | 2,800,000 | 2,909,427.90 | 1.43 |
| TOTAL ITALY |  |  | 15,128,080.69 | 7.45 |
| JAPAN |  |  |  |  |
| SOFTBANK GROUP 4.0% 20-04-23 | EUR | 2,400,000 | 2,267,460.00 | 1.12 |
| TOTAL JAPAN |  |  | 2,267,460.00 | 1.12 |
| JERSEY |  |  |  |  |
| ADIE GLOB HOL 3.5% 15-08-24 | EUR | 1,400,000 | 932,769.92 | 0.46 |
| LHC THREE PLC 4.125% 15-08-24 PIK | EUR | 5,000,000 | 4,255,014.58 | 2.10 |
| WALNUT BIDCO PLC 6.75% 01-08-24 | EUR | 2,450,000 | 1,845,591.13 | 0.91 |
| TOTAL JERSEY |  |  | 7,033,375.63 | 3.47 |
| LUXEMBOURG |  |  |  |  |
| CRYSTAL ALMOND SA RL 4.25% 15-10-24 | EUR | 4,300,000 | 3,852,172.92 | 1.90 |
| LHMC FINCO SARL 6.25% 20-12-23 | EUR | 3,500,000 | 2,463,766.67 | 1.21 |

Translation (ENDE, 2020-03-31):
| Bezeichnung der Werte | Währung | Stückzahl, Anzahl od. nominal | Aktueller Wert | % Netto- vermögen |
| --- | --- | --- | --- | --- |
| LOXAM 4.25% 15.04.2024 | EUR | 5.000.000 | 4.336.851,39 | 2,14 |
| MOBILUX FINANCE SAS 5,5 % 15.11.24 | EUR | 4.500.000 | 3.593.117,50 | 1,77 |
| NEXANS 3.75% 08.08.2023 | EUR | 1.000.000 | 937.020,25 | 0,46 |
| ORANO SA 4.875% 23.09.2024 EMTN | EUR | 1.800.000 | 1.896.585,79 | 0,93 |
| QUATRIM SASU 5,875 % 31.01.24 | EUR | 2.500.000 | 2.508.841,67 | 1,24 |
| REXEL 2,625 % 15.06.24 EMTN | EUR | 1.700.000 | 1.532.519,54 | 0,76 |
| SPIE 3.125% 22-03-24 | EUR | 2.900.000 | 2.795.083,16 | 1,38 |
| VALLOUREC 2,25 % 30.09.24 | EUR | 1.200.000 | 632.199,54 | 0,31 |
| VALLOUREC 6,375 % 15.10.23 | EUR | 500.000 | 290.421,46 | 0,14 |
| VALLOUREC 6,625 % 15.10.22 | EUR | 150.000 | 89.904,40 | 0,04 |
| SUMME FRANKREICH |  |  | 38.872.349,43 | 19,16 |
| BRITISCHE JUNGFERNINSELN |  |  |  |  |
| PLAYTECH 3,75 % 12.10.23 | EUR | 2.200.000 | 1.785.054,33 | 0,88 |
| SUMME BRITISCHE JUNGFERNINSELN |  |  | 1.785.054,33 | 0,88 |
| IRLAND |  |  |  |  |
| ARDAGH PACKAGING FIN PLC ARDAGH HLDGS 2,75 % 15.03.24 | EUR | 2.050.000 | 1.973.439,90 | 0,97 |
| EIRCOM FINANCE 1,75 % 01.11.24 | EUR | 1.500.000 | 1.372.969,17 | 0,68 |
| EUROPCAR DRIVE DESIGNATED ACTIVITY CO 4,125 % 15.11.24 | EUR | 5.000.000 | 2.389.839,58 | 1,17 |
| SMURFIT KAPPA ACQUISITIONS 2.375% 01.02.2024 | EUR | 1.000.000 | 1.006.669,31 | 0,50 |
| SUMME IRLAND |  |  | 6.742.917,96 | 3,32 |
| ITALIEN |  |  |  |  |
| AUTO PER L IT 1.625% 12-06-23 | EUR | 2.000.000 | 1.823.685,36 | 0,90 |
| LIMA CORPORATE E3R+3,75 % 15.08.23 | EUR | 3.300.000 | 2.951.011,29 | 1,45 |
| LKQ ITAL BOND 3,875 % 01.04.24 | EUR | 3.700.000 | 3.681.639,26 | 1,82 |
| SAIP FIN 3.75% 08.09.2023 EMTN | EUR | 1.000.000 | 939.499,02 | 0,46 |
| TELECOM ITALIA SPA EX OLIVETTI 3,625 % 19.01.24 | EUR | 2.800.000 | 2.822.817,86 | 1,39 |
| TELECOM ITALIA SPA EX OLIVETTI 4,0 % 11.04.24 | EUR | 2.800.000 | 2.909.427,90 | 1,43 |
| SUMME ITALIEN |  |  | 15.128.080,69 | 7,45 |
| JAPAN |  |  |  |  |
| SOFTBANK GROUP 4.0% 20.04.2023 | EUR | 2.400.000 | 2.267.460,00 | 1,12 |
| SUMME JAPAN |  |  | 2.267.460,00 | 1,12 |
| JERSEY |  |  |  |  |
| ADIE GLOB HOL 3,5 % 15.08.24 | EUR | 1.400.000 | 932.769,92 | 0,46 |
| LHC THREE PLC 4,125 % 15.08.24 PIK | EUR | 5.000.000 | 4.255.014,58 | 2,10 |
| WALNUT BIDCO PLC 6,75 % 01.08.24 | EUR | 2.450.000 | 1.845.591,13 | 0,91 |
| SUMME JERSEY |  |  | 7.033.375,63 | 3,47 |
| LUXEMBURG |  |  |  |  |
| CRYSTAL ALMOND SA RL 4.25% 15.10.2024 | EUR | 4.300.000 | 3.852.172,92 | 1,90 |
| LHMC FINCO SARL 6,25 % 20.12.23 | EUR | 3.500.000 | 2.463.766,67 | 1,21 |