| Security Name | Weight (in %) | Sector | Country | Instrument Type | Rating |
| --- | --- | --- | --- | --- | --- |
| SoftBank Group Corp 5% 15-04-2028 | 2.30 | Communications | Japan | Bond | BB |
| Altice France SA/France 3.375% 15-01-2028 | 2.08 | Communications | France | Bond | B |
| Iliad Holding SASU 5.625% 15-10-2028 | 1.99 | Communications | France | Bond | B |
| Grifols Escrow Issuer SA 3.875% 15-10-2028 | 1.83 | Consumer, Non-Cyclical | Spain | Bond | B |
| Vmed O2 UK Financing I PLC 4% 31-01-2029 | 1.74 | Communications | United Kingdom | Bond | BB |
| Nidda Healthcare Holding Gmb 7.5% 21-08-2026 | 1.68 | Consumer, Non-Cyclical | Germany | Bond | B |
| Electricite de France 3.375% MULTI Perp FC2030 | 1.66 | Utilities | France | Bond | B |
| Virgin Media Vendor Financin 4.875% 15-07-2028 | 1.63 | Communications | United Kingdom | Bond | B |
| Banco de Credito Social 5.250% MULTI 27-11-2031 | 1.51 | Financial | Spain | Bond | B |
| Bellis Acquisition Co PLC 3.25% 16-02-2026 | 1.39 | Consumer, Non-Cyclical | United Kingdom | Bond | BB |
| Athora Netherlands NV 2.250% MULTI 15-07-2031 | 1.38 | Financial | Netherlands | Bond | NR |
| Ibercaja Banco SA 2.750% MULTI 23-07-2030 | 1.27 | Financial | Spain | Bond | BB |
| Teva Pharmaceutical Finance 1.625% 15-10-2028 | 1.22 | Consumer, Non-Cyclical | Israel | Bond | BB |
| Teva Pharmaceutical Finance 3.75% 09-05-2027 | 1.18 | Consumer, Non-Cyclical | Israel | Bond | BB |
| Allwyn International AS 3.875% 15-02-2027 | 1.17 | Consumer, Cyclical | Czech Republic | Bond | BB |

Translation (ENFR, 2023-01-31):
| Nom du titre | Pondération (en %) | Secteur | Pays | Type d'instruments | Notation |
| --- | --- | --- | --- | --- | --- |
| SoftBank Group Corp 5% 15-04-2028 | 2,30 | Communications | Japon | Obligations | BB |
| Altice France SA/France 3.375% 15-01-2028 | 2,08 | Communications | France | Obligations | B |
| Iliad Holding SASU 5.625% 15-10-2028 | 1,99 | Communications | France | Obligations | B |
| Grifols Escrow Issuer SA 3.875% 15-10-2028 | 1,83 | Consommation Non Cyclique | Espagne | Obligations | B |
| Vmed O2 UK Financing I PLC 4% 31-01-2029 | 1,74 | Communications | Royaume-Uni | Obligations | BB |
| Nidda Healthcare Holding Gmb 7.5% 21-08-2026 | 1,68 | Consommation Non Cyclique | Allemagne | Obligations | B |
| Electricite de France 3.375% MULTI Perp FC2030 | 1,66 | Services aux Collectivités | France | Obligations | B |
| Virgin Media Vendor Financin 4.875% 15-07-2028 | 1,63 | Communications | Royaume-Uni | Obligations | B |
| Banco de Credito Social 5.250% MULTI 27-11-2031 | 1,51 | Finance | Espagne | Obligations | B |
| Bellis Acquisition Co PLC 3.25% 16-02-2026 | 1,39 | Consommation Non Cyclique | Royaume-Uni | Obligations | BB |
| Athora Netherlands NV 2.250% MULTI 15-07-2031 | 1,38 | Finance | Pays-Bas | Obligations | NR |
| Ibercaja Banco SA 2.750% MULTI 23-07-2030 | 1,27 | Finance | Espagne | Obligations | BB |
| Teva Pharmaceutical Finance 1.625% 15-10-2028 | 1,22 | Consommation Non Cyclique | Israël | Obligations | BB |
| Teva Pharmaceutical Finance 3.75% 09-05-2027 | 1,18 | Consommation Non Cyclique | Israël | Obligations | BB |
| Allwyn International AS 3.875% 15-02-2027 | 1,17 | Consommation Cyclique | République tchèque | Obligations | BB |