# Portfolio Structure ⁶
Duration Breakdown (%) (weighted by market value)
| TELEFONICA EUROPE BV PERP FIX TO FLOAT 4.375% 14.03.2198 | 1.08 |
| --- | --- |
| ELECTRICITE DE FRANCE SA PERP FIX TO FLOAT 3.375% 15.09.21 | 1.05 |
| FORD MOTOR CREDIT CO LLC EMTN FIX 3.250% 15.09.2025 | 1.04 |
| ZIGGO BOND CO BV REGS FIX 3.375% 28.02.2030 | 1.03 |
| ALTICE FRANCE SA REGS FIX 5.875% 01.02.2027 | 0.91 |
| IHO VERWALTUNGS GMBH REGS 15.05.2027 | 0.89 |
| CAB REGS FIX 3.375% 01.02.2028 | 0.87 |
| UPC HOLDING BV REGS FIX 3.875% 15.06.2029 | 0.86 |
| PETROLEOS MEXICANOS EMTN FIX 2.750% 21.04.2027 | 0.81 |
| RENK AG FRANKFURT REGS FIX 5.750% 15.07.2025 | 0.81 |
| Total	9.35 |

Top 10 Holdings (%)
0 - 1 Year
1 - 3 Years
3 - 5 Years
5 - 7 Years
7 - 10 Years
> 10 Years
3.0
2.3
2.9
0.0
0.2
9.1
15.5
15.1
24.3
98
39.1
39.7
48.8
0	15	30	45	60
n
Fund 
n
Benchmark
Rating Breakdown (%) (weighted by market value) ⁷	Country/Location Breakdown (%) (weighted by market value)
| 0.1 |  |  |  |  | France |  |  |  | 17.5 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 0.0 |  |  | 55.6 |  | Italy |  |  | 12.3 |  |
|  |  |  |  | 70.1 | Spain |  |  | 10.9 |  |
| 1.7 | 28.1 | 36.1 |  |  | Germany Netherl., Belg., Austria |  | 8.9 | 10.5 |  |
| 1.8 |  |  |  |  | United Kingdom | 5.1 |  |  |  |
| 0.3 0.0 |  |  |  |  | Switzerland, Scandinavia | 5.0 |  |  |  |

BBB BB B
< B
|  | 6.2 |  |  |  |  | Ireland |  | 1.3 |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 0.0 |  |  |  |  | Portugal |  | 1.0 |  |  |  |  |  |
|  |  |  |  |  |  | Greece, Cyprus |  | 0.4 |  |  |  |  |  |
|  |  |  |  |  |  | Eastern Europe Developed Emerging Markets Developed ex Europe Lux., Offshore Domiciles Cash, Other, NA |  | 0.8 | 3.0 3.3 | 6.2 |  | 13.9 |  |
| 0 |  | 20 | 40 | 60 | 80 |  | 0 |  | 5 |  | 10 | 15 | 20 |

Others Cash
n
Fund 
n
Benchmark	
n
Fund

Translation (ENFR, 2022-02-28):
# Structure du fonds ⁷
par duration en % (en fonction de la valeur sur le marché)
| TELEFONICA EUROPE BV PERP FIX TO FLOAT 4.375% 14.03.2198 | 1,08 |
| --- | --- |
| ELECTRICITE DE FRANCE SA PERP FIX TO FLOAT 3.375% 15.09.21 | 1,05 |
| FORD MOTOR CREDIT CO LLC EMTN FIX 3.250% 15.09.2025 | 1,04 |
| ZIGGO BOND CO BV REGS FIX 3.375% 28.02.2030 | 1,03 |
| ALTICE FRANCE SA REGS FIX 5.875% 01.02.2027 | 0,91 |
| IHO VERWALTUNGS GMBH REGS 15.05.2027 | 0,89 |
| CAB REGS FIX 3.375% 01.02.2028 | 0,87 |
| UPC HOLDING BV REGS FIX 3.875% 15.06.2029 | 0,86 |
| PETROLEOS MEXICANOS EMTN FIX 2.750% 21.04.2027 | 0,81 |
| RENK AG FRANKFURT REGS FIX 5.750% 15.07.2025 | 0,81 |
| Total	9,35 |

10 principales lignes du fonds (%)
0 à 1 an
1 à 3 ans
3 à 5 ans
5 à 7 ans
7 à 10 ans
> 10 ans
3,0
2,3
2,9
0,0
0,2
9,1
15,5
15,1
24,3
98
39,1
39,7
48,8
0	15	30	45	60
n
Fonds  
n
Indice de référence
par notations financières en % (en fonction de la valeur sur le marché) ⁸
| 0,1 |  |  |  |  | France |  |  |  | 17,5 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 0,0 |  |  | 55,6 |  | Italie |  |  | 12,3 |  |
|  |  |  |  | 70,1 | Espagne |  |  | 10,9 |  |
| 1,7 | 28,1 | 36,1 |  |  | Allemagne PB., Belg., Autriche |  | 8,9 | 10,5 |  |
| 1,8 |  |  |  |  | Royaume-Uni | 5,1 |  |  |  |
| 0,3 0,0 |  |  |  |  | Suisse, Scandinavie | 5,0 |  |  |  |

BBB BB B
< B
|  |  | 6,2 |  |  |  |  | Irlande |  | 1,3 |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 0,0 |  |  |  |  |  | Portugal |  | 1,0 |  |  |  |  |  |
|  |  |  |  |  |  |  | Grèce, Chypre |  | 0,4 |  |  |  |  |  |
|  |  |  |  |  |  |  | Eur. de l'Est développés Marchés émergents ex-Europe développés Lux., Rés. offshores Liqu., Autres, Non dispo. |  | 0,8 | 3,0 3,3 | 6,2 |  | 13,9 |  |
| 0 |  |  | 20 | 40 | 60 | 80 |  | 0 |  | 5 |  | 10 | 15 | 20 |

Autres Liquidité
par pays/répartition géographique en % (en fonction de la valeur sur le marché)
n
Fonds  
n
Indice de référence	
n
Fonds