| Security name | Curren cy | Quantity or nominal | Current value | % Net assets |
| --- | --- | --- | --- | --- |
| DIOCLE SPA E3R+3.875% 30-06-26 | EUR | 1,500,000 | 1,430,288.79 | 0.29 |
| FIRE BC SPA E3R+4.75% 30-09-24 | EUR | 2,800,000 | 2,517,480.77 | 0.52 |
| GAMMA BID 6.25% 15-07-25 | EUR | 4,500,000 | 4,540,316.25 | 0.93 |
| INTERNATIONAL DESIGN GROUP SPA 6.5% 15-11-25 | EUR | 1,600,000 | 1,575,033.78 | 0.32 |
| LIMA CORPORATE E3R+3.75% 15-08-23 | EUR | 2,200,000 | 2,126,875.69 | 0.43 |
| LKQ ITAL BOND 3.875% 01-04-24 | EUR | 1,930,000 | 2,042,437.24 | 0.42 |
| MARCOLIN E3R+4.125% 15-02-23 | EUR | 1,600,000 | 1,447,745.35 | 0.29 |
| NEXI 1.75% 31-10-24 | EUR | 2,000,000 | 2,001,677.78 | 0.41 |
| NW GLOBAL VENDING E3R+4.25% 01-11-26 | EUR | 1,900,000 | 1,606,733.47 | 0.32 |
| PIAGGIO 3.625% 30-04-25 | EUR | 3,500,000 | 3,595,184.44 | 0.73 |
| SAIPEM FINANCE INTL BV 2.625% 07-01-25 | EUR | 1,800,000 | 1,811,993.46 | 0.37 |
| SAIPEM FINANCE INTL BV 3.375% 15-07-26 | EUR | 7,200,000 | 7,106,938.52 | 1.45 |
| TELE ITA 3.625% 25-05-26 EMTN | EUR | 2,000,000 | 2,185,621.92 | 0.44 |
| TOTAL ITALY |  |  | 35,538,457.46 | 7.23 |
| JAPAN |  |  |  |  |
| SOFTBANK GROUP 3.125% 19-09-25 | EUR | 2,700,000 | 2,708,257.87 | 0.55 |
| SOFTBANK GROUP 4.5% 20-04-25 | EUR | 1,700,000 | 1,837,037.00 | 0.37 |
| SOFT GROU 4.75% 30-07-25 | EUR | 2,300,000 | 2,497,180.28 | 0.51 |
| TOTAL JAPAN |  |  | 7,042,475.15 | 1.43 |
| JERSEY |  |  |  |  |
| ADIE GLOB HOL 3.5% 15-08-24 | EUR | 4,150,000 | 3,878,155.15 | 0.79 |
| WALNUT BIDCO PLC 6.75% 01-08-24 | EUR | 2,200,000 | 2,214,404.50 | 0.45 |
| TOTAL JERSEY |  |  | 6,092,559.65 | 1.24 |
| LUXEMBOURG |  |  |  |  |
| ALTICE FINANCING 2.25% 15-01-25 | EUR | 5,500,000 | 5,326,708.75 | 1.08 |
| CONTOURGLOBAL POWER 4.125% 01-08-25 | EUR | 3,500,000 | 3,593,308.54 | 0.73 |
| CRYSTAL ALMOND SA RL 4.25% 15-10-24 | EUR | 5,000,000 | 5,066,976.39 | 1.03 |
| EDREAMS ODIGEO 5.5% 01-09-23 | EUR | 4,500,000 | 3,848,787.50 | 0.79 |
| GESTAMP FUND LUX 3.5% 15-05-23 | EUR | 700,000 | 687,273.61 | 0.14 |
| HANE FINA LUX 3.5% 15-06-24 | EUR | 2,000,000 | 2,118,645.56 | 0.43 |
| HT TROPLAST 9.25% 15-07-25 | EUR | 6,000,000 | 6,575,408.22 | 1.33 |
| KLEOPATRA HLDS 8.5% 30-06-23 | EUR | 1,000,000 | 1,099,380.30 | 0.22 |
| LHMC FINCO SARL 4.75% 22-05-25 | EUR | 4,100,000 | 3,666,664.17 | 0.74 |
| LHMC FINCO SARL 6.25% 20-12-23 | EUR | 500,000 | 471,054.17 | 0.10 |
| LINCOLN FINANCING SARL 3.625% 01-04-24 | EUR | 300,000 | 290,781.21 | 0.06 |
| MATTERHORN TELECOM 3.125% 15-09-26 | EUR | 5,000,000 | 4,811,578.47 | 0.97 |
| MOTION FINCO SARL 7.0% 15-05-25 | EUR | 2,000,000 | 2,049,620.00 | 0.41 |
| PLT VII FINANCE SA RL 4.625% 05-01-26 | EUR | 5,500,000 | 5,683,996.39 | 1.16 |
| ROSSINI SARL 6.75% 30-10-25 | EUR | 2,500,000 | 2,720,200.00 | 0.56 |
| SAMSONITE FINCO SARL 3.5% 15-05-26 | EUR | 1,200,000 | 1,005,479.33 | 0.20 |
| SIG COMBIBLOC PURCHASER 2.125% 18-06-25 | EUR | 2,000,000 | 2,081,502.47 | 0.43 |
| STENA INTL 3.75% 01-02-25 | EUR | 3,830,000 | 3,694,740.36 | 0.75 |
| SUMMER BC HOLDCO B SARL 5.75% 31-10-26 | EUR | 5,000,000 | 5,092,038.89 | 1.04 |

Translation (ENDE, 2020-09-30):
| Bezeichnung der Werte | Wäh- rung | Stückzahl, Anzahl od. nominal | Aktueller Wert | % Netto- vermö- gen |
| --- | --- | --- | --- | --- |
| DIOCLE SPA E3R+3,875 % 30.06.26 | EUR | 1.500.000 | 1.430.288,79 | 0,29 |
| FIRE BC SPA E3R+4,75 % 30.09.24 | EUR | 2.800.000 | 2.517.480,77 | 0,52 |
| GAMMA BID 6,25 % 15.07.25 | EUR | 4.500.000 | 4.540.316,25 | 0,93 |
| INTERNATIONAL DESIGN GROUP SPA 6,5 % 15.11.25 | EUR | 1.600.000 | 1.575.033,78 | 0,32 |
| LIMA CORPORATE E3R+3,75 % 15.08.23 | EUR | 2.200.000 | 2.126.875,69 | 0,43 |
| LKQ ITAL BOND 3,875 % 01.04.24 | EUR | 1.930.000 | 2.042.437,24 | 0,42 |
| MARCOLIN E3R+4,125 % 15.02.23 | EUR | 1.600.000 | 1.447.745,35 | 0,29 |
| NEXI 1,75 % 31.10.2024 | EUR | 2.000.000 | 2.001.677,78 | 0,41 |
| NW GLOBAL VENDING E3R+4,25 % 01.11.26 | EUR | 1.900.000 | 1.606.733,47 | 0,32 |
| PIAGGIO 3,625 % 30.04.25 | EUR | 3.500.000 | 3.595.184,44 | 0,73 |
| SAIPEM FINANCE INTL BV 2,625 % 07.01.25 | EUR | 1.800.000 | 1.811.993,46 | 0,37 |
| SAIPEM FINANCE INTL BV 3,375 % 15.07.2026 | EUR | 7.200.000 | 7.106.938,52 | 1,45 |
| TELE ITA 3,625 % 25.05.26 EMTN | EUR | 2.000.000 | 2.185.621,92 | 0,44 |
| SUMME ITALIEN |  |  | 35.538.457,46 | 7,23 |
| JAPAN |  |  |  |  |
| SOFTBANK GROUP 3,125 % 19.09.2025 | EUR | 2.700.000 | 2.708.257,87 | 0,55 |
| SOFTBANK GROUP 4,5 % 20.04.2025 | EUR | 1.700.000 | 1.837.037,00 | 0,37 |
| SOFT GROU 4,75 % 30.07.25 | EUR | 2.300.000 | 2.497.180,28 | 0,51 |
| SUMME JAPAN |  |  | 7.042.475,15 | 1,43 |
| JERSEY |  |  |  |  |
| ADIE GLOB HOL 3,5 % 15.08.24 | EUR | 4.150.000 | 3.878.155,15 | 0,79 |
| WALNUT BIDCO PLC 6,75 % 01.08.24 | EUR | 2.200.000 | 2.214.404,50 | 0,45 |
| SUMME JERSEY |  |  | 6.092.559,65 | 1,24 |
| LUXEMBURG |  |  |  |  |
| ALTICE FINANCING 2,25 % 15.01.25 | EUR | 5.500.000 | 5.326.708,75 | 1,08 |
| CONTOURGLOBAL POWER 4,125 % 01.08.25 | EUR | 3.500.000 | 3.593.308,54 | 0,73 |
| CRYSTAL ALMOND SA RL 4,25 % 15.10.2024 | EUR | 5.000.000 | 5.066.976,39 | 1,03 |
| EDREAMS ODIGEO 5,5 % 01.09.23 | EUR | 4.500.000 | 3.848.787,50 | 0,79 |
| GESTAMP FUND LUX 3,5 % 15.05.23 | EUR | 700.000 | 687.273,61 | 0,14 |
| HANE FINA LUX 3,5 % 15.06.24 | EUR | 2.000.000 | 2.118.645,56 | 0,43 |
| HT TROPLAST 9,25 % 15.07.25 | EUR | 6.000.000 | 6.575.408,22 | 1,33 |
| KLEOPATRA HLDS 8,5 % 30.06.23 | EUR | 1.000.000 | 1.099.380,30 | 0,22 |
| LHMC FINCO SARL 4,75 % 22.05.2025 | EUR | 4.100.000 | 3.666.664,17 | 0,74 |
| LHMC FINCO SARL 6,25 % 20.12.23 | EUR | 500.000 | 471.054,17 | 0,10 |
| LINCOLN FINANCING SARL 3,625 % 01.04.24 | EUR | 300.000 | 290.781,21 | 0,06 |
| MATTERHORN TELECOM 3,125 % 15.09.26 | EUR | 5.000.000 | 4.811.578,47 | 0,97 |
| MOTION FINCO SARL 7,0 % 15.05.25 | EUR | 2.000.000 | 2.049.620,00 | 0,41 |
| PLT VII FINANCE SA RL 4,625 % 05.01.26 | EUR | 5.500.000 | 5.683.996,39 | 1,16 |
| ROSSINI SARL 6,75 % 30.10.25 | EUR | 2.500.000 | 2.720.200,00 | 0,56 |
| SAMSONITE FINCO SARL 3,5 % 15.05.26 | EUR | 1.200.000 | 1.005.479,33 | 0,20 |
| SIG COMBIBLOC PURCHASER 2,125 % 18.06.25 | EUR | 2.000.000 | 2.081.502,47 | 0,43 |
| STENA INTL 3,75 % 01.02.25 | EUR | 3.830.000 | 3.694.740,36 | 0,75 |
| SUMMER BC HOLDCO B SARL 5,75 % 31.10.26 | EUR | 5.000.000 | 5.092.038,89 | 1,04 |