# DWS Invest Euro Corporate Bonds
DWS INVEST EURO CORPORATE BONDS

### Performance of share classes vs. benchmark (in EUR)
| Share class | ISIN | 6 months |
| --- | --- | --- |
| Class LC | LU0300357554 | -14.1% |
| Class FC | LU0300357802 | -14.0% |
| Class FC10 | LU1844096583 | -13.9% |
| Class IC | LU0982748476 | -13.9% |
| Class IC100 | LU1490674006 | -13.8% |
| Class ID100 | LU1633890295 | -13.8% |
| Class LD | LU0441433728 | -14.1% |
| Class NC | LU0300357638 | -14.3% |
| Class NDQ | LU1054330771 | -14.3% |
| Class PFC | LU1054330854 | -14.5% |
| Class PFDQ | LU1054330938 | -14.2% |
| Class TFC | LU1663872726 | -14.0% |
| Class TFD | LU1663874342 | -14.0% |
| Class CHF FCH 1 | LU0813333605 | -14.1% |
| Class GBP CH RD 2 | LU1322113371 | -13.6% |
| Class SEK LCH 3 | LU1322113611 | -14.0% |
| Class USD FCH 4 | LU0911036217 | -13.4% |
| iBoxx € Corporate |  | -12.4% |

1 
in CHF
2 
in GBP
3 
in SEK
4 
in USD
“BVI method” performance, i.e., excluding the initial sales charge.
Past performance is no guide to future results.	As of: June 30, 2022
The format used for complete dates
in security names in the investment
portfolio is “day/month/year”.
DWS Invest Euro Corporate Bonds
| Statement of net assets as of June 30, 2022 |  |
| --- | --- |
|  | Amount in EUR | % of net assets |
| I. Assets |  |  |
| 1. Bonds (issuers) Companies | 1 637 398 971.36 | 93.18 |
| Central governments | 5 563 864.60 | 0.32 |
| Total bonds | 1 642 962 835.96 | 93.50 |
| 2. Investment fund units Bond funds | 54 820 434.14 | 3.12 |
| Other funds | 43 320 314.68 | 2.47 |
| Total investment fund units | 98 140 748.82 | 5.59 |
| 3. Derivatives | -1 970 043.11 | -0.11 |
| 4. Cash at bank | 1 407 342.98 | 0.08 |
| 5. Other assets | 36 035 383.39 | 2.05 |
| 6. Receivables from share certificate transactions | 4 922 548.23 | 0.28 |
| II. Liabilities |  |  |
| 1. Short-term liabilities | -9 657 493.98 | -0.55 |
| 2. Other liabilities | -1 692 471.87 | -0.10 |
| 3. Liabilities from share certificate transactions | -13 036 177.92 | -0.74 |
| III. Net assets | 1 757 112 672.50 | 100.00 |

Negligible rounding errors may have arisen due to the rounding of calculated percentages.
| Investment portfolio – June 30, 2022 |  |
| --- | --- |
|  | Count/ | Quantity/ | Purchases/ | Sales/ | Currency | Market price | Total market | % of |
| Security name | units/ currency | principal amount | additions in the | disposals reporting period |  |  | value in EUR | net assets |
| Securities traded on an exchange |  |  |  |  |  |  | 1 628 308 938.52 | 92.67 |
| Interest-bearing securities 1.50 % A2A SpA (MTN) 2022/2028...................  | EUR | 3 080 000 | 5 650 000 | 2 570 000 | % | 89.67 | 2 761 836.00 | 0.16 |
| 7.321 % Aareal Bank AG 2014/perpetual * ..............  | EUR | 3 400 000 |  | 200 000 | % | 95.786 | 3 256 724.00 | 0.19 |
| 1.125 % Abertis Infraestructuras SA (MTN) 2019/2028 **..  | EUR | 8 500 000 |  | 1 000 000 | % | 86.262 | 7 332 270.00 | 0.42 |
| 0.50 % ABN AMRO Bank NV (MTN) 2021/2029 .........  | EUR | 8 200 000 |  | 1 000 000 | % | 80.897 | 6 633 554.00 | 0.38 |
| 3.25 % ADLER Group SA (MTN) 2020/2025 ............  | EUR | 4 700 000 |  | 300 000 | % | 54.952 | 2 582 744.00 | 0.15 |
| 1.875 % ADLER Group SA (MTN) 2021/2026 ............  | EUR | 6 800 000 |  |  | % | 52.294 | 3 555 992.00 | 0.20 |
| 2.125 % Aeroports de Paris (MTN) 2020/2026 ...........  | EUR | 3 600 000 |  | 700 000 | % | 98.763 | 3 555 468.00 | 0.20 |
| 0.88 % AIA GROUP LTD 2021/2033 * ................  | EUR | 5 820 000 |  | 900 000 | % | 81.545 | 4 745 919.00 | 0.27 |
| 1.25 % AIB Group PLC (MTN) 2019/2024 ..............  | EUR | 4 276 000 |  | 200 000 | % | 97.513 | 4 169 655.88 | 0.24 |
| 6.25 % AIB Group PLC 2020/perpetual * ..............  1.125 % Akelius Residential Property AB (MTN) 2017/2024 ..........................  | EUR EUR | 3 770 000 5 539 000 |  | 300 000 | % % | 93.261 97.575 | 3 515 939.70 5 404 679.25 | 0.20 0.31 |
| 3.875 % Akelius Residential Property AB 2018/2078 * ....  | EUR | 1 537 000 |  | 2 128 000 | % | 93.821 | 1 442 028.77 | 0.08 |
| 2.60 % Allianz SE 2021/perpetual *...................  | EUR | 5 000 000 |  |  | % | 68.932 | 3 446 600.00 | 0.20 |
| 4.252 % Allianz SE (MTN) 2022/2052 * ................  | EUR | 4 400 000 | 4 400 000 |  | % | 95.783 | 4 214 452.00 | 0.24 |
| 0.50 % Alstom SA (MTN) 2021/2030 ** ...............  | EUR | 7 200 000 |  | 900 000 | % | 78.688 | 5 665 536.00 | 0.32 |
| 1.125 % Amcor UK Finance PLC (MTN) 2020/2027 .......  | EUR | 4 500 000 |  | 5 815 000 | % | 89.736 | 4 038 120.00 | 0.23 |
| 1.50 % America Movil SAB de CV (MTN) 2016/2024 ** .. 1.875 % American International Group, Inc. (MTN) 2017/2027 .......................      | EUR EUR | 4 380 000 6 985 000 |  | 200 000 800 000 | % % | 99.167 94.63 | 4 343 514.60 6 609 905.50 | 0.25 0.38 |
| 1.625 % American Medical Systems Europe BV (MTN) 2022/2031 ** ........................  | EUR | 8 140 000 | 9 340 000 | 1 200 000 | % | 86.738 | 7 060 473.20 | 0.40 |
| 0.875 % American Tower Corp. (MTN) 2021/2029 ........  | EUR | 8 215 000 |  | 1 000 000 | % | 81.439 | 6 690 213.85 | 0.38 |
| 0.95 % American Tower Corp. (MTN) 2021/2030 ........  | EUR | 7 220 000 |  | 1 000 000 | % | 78.269 | 5 651 021.80 | 0.32 |
| 0.625 % Amprion GmbH (MTN) 2021/2033 .............  | EUR | 9 700 000 |  | 1 300 000 | % | 70.01 | 6 790 970.00 | 0.39 |
| 0.20 % ANZ New Zealand Int‘l Ltd (MTN) 2021/2027.....  | EUR | 8 860 000 |  | 1 000 000 | % | 86.304 | 7 646 534.40 | 0.44 |
| 2.125 % Aroundtown SA 2018/perpetual * ** ...........  | EUR | 3 300 000 |  | 600 000 | % | 71.372 | 2 355 276.00 | 0.13 |
| 0.375 % Aroundtown SA (MTN) 2021/2027 .............  0.75 % Ascendas Real Estate Investment Trust (MTN) 2021/2028 ..........................  | EUR EUR | 6 300 000 9 466 000 |  | 900 000 800 000 | % % | 78.089 80.369 | 4 919 607.00 7 607 729.54 | 0.28 0.43 |
| 1.00 % ASTM SpA (MTN) 2021/2026 ** ..............  | EUR | 5 860 000 |  |  | % | 87.864 | 5 148 830.40 | 0.29 |
| 1.50 % ASTM SpA (MTN) 2021/2030 .................  | EUR | 8 230 000 |  | 500 000 | % | 77.2 | 6 353 560.00 | 0.36 |
| 3.375 % AT&T, Inc. 2014/2034 .......................  | EUR | 4 268 000 |  | 500 000 | % | 96.387 | 4 113 797.16 | 0.23 |
| 3.15 % AT&T, Inc. 2017/2036 .......................  | EUR | 8 634 000 |  | 1 000 000 | % | 92.025 | 7 945 438.50 | 0.45 |
| 1.80 % AT&T, Inc. (MTN) 2018/2026 ** ...............  | EUR | 4 380 000 |  | 200 000 | % | 97.427 | 4 267 302.60 | 0.24 |
| 2.875 % AT&T, Inc. 2020/perpetual * ..................  | EUR | 4 100 000 | 4 800 000 | 700 000 | % | 87.672 | 3 594 552.00 | 0.20 |
| 3.75 % ATF Netherlands BV 2016/perpetual * .......... 1.625 % AusNet Services Holdings (MTN) 2021/2081 * ** ......................  | EUR EUR | 1 900 000 2 999 000 |  | 400 000 400 000 | % % | 88.008 76.07 | 1 672 152.00 2 281 339.30 | 0.10 0.13 |
| 0.625 % AusNet Services Holdings Pty Ltd (MTN) 2020/2030 ..........................  | EUR | 2 010 000 | 2 010 000 | 7 800 000 | % | 77.101 | 1 549 730.10 | 0.09 |
| 1.25 % Avery Dennison Corp. (MTN) 2017/2025 ........  | EUR | 2 660 000 | 2 960 000 | 300 000 | % | 96.186 | 2 558 547.60 | 0.15 |
| 0.875 % Banco Bilbao Vizcaya Argentaria SA (MTN) 2022/2029 * ** ......................  | EUR | 10 800 000 | 11 700 000 | 900 000 | % | 84.505 | 9 126 540.00 | 0.52 |
| 2.00 % Banco de Sabadell SA (MTN) 2020/2030 *.......  | EUR | 4 100 000 |  | 900 000 | % | 87.545 | 3 589 345.00 | 0.20 |
| 1.125 % Banco Santander SA (MTN) 2018/2025 .........  | EUR | 4 100 000 |  | 500 000 | % | 96.307 | 3 948 587.00 | 0.22 |
| 4.75 % Banco Santander SA 2018/perpetual * ** .......  | EUR | 4 600 000 |  | 200 000 | % | 86.902 | 3 997 492.00 | 0.23 |
| 0.625 % Banco Santander SA (MTN) 2021/2029 * ........  | EUR | 5 700 000 |  | 700 000 | % | 83.949 | 4 785 093.00 | 0.27 |
| 0.694 % Bank of America Corp. (MTN) 2021/2031 * ......  | EUR | 8 965 000 |  | 1 000 000 | % | 81.147 | 7 274 828.55 | 0.41 |
| 1.949 % Bank of America Corp. (MTN) 2022/2026 * ......  | EUR | 10 480 000 | 10 480 000 |  | % | 96.857 | 10 150 613.60 | 0.58 |
| 1.375 % Bank of Ireland Group PLC (MTN) 2018/2023 ....  | EUR | 5 838 000 |  | 300 000 | % | 99.244 | 5 793 864.72 | 0.33 |
| 0.375 % Bank of Ireland Group PLC (MTN) 2021/2027 * ...  | EUR | 4 986 000 |  | 600 000 | % | 87.628 | 4 369 132.08 | 0.25 |
| 1.875 % Bank of Ireland Group PLC (MTN) 2022/2026 * ...  | EUR | 8 800 000 | 8 800 000 |  | % | 95.189 | 8 376 632.00 | 0.48 |
| 0.75 % Bankia SA (MTN) 2019/2026 ** ...............  1.75 % Banque Federative du Credit Mutuel SA (MTN) 2019/2029 ** ........................  | EUR EUR | 6 200 000 2 500 000 |  | 700 000 300 000 | % % | 91.137 89.267 | 5 650 494.00 2 231 675.00 | 0.32 0.13 |
| 1.375 % Barclays PLC (MTN) 2018/2026 * ..............  | EUR | 5 928 000 |  | 300 000 | % | 95.214 | 5 644 285.92 | 0.32 |
| 3.375 % Barclays PLC (MTN) 2020/2025 * ..............  | EUR | 5 276 000 |  | 300 000 | % | 100.836 | 5 320 107.36 | 0.30 |
| 1.125 % Bayer AG (MTN) 2020/2030 ..................  | EUR | 7 000 000 |  | 800 000 | % | 83.57 | 5 849 900.00 | 0.33 |
| 1.50 % Bayer Capital Corp., BV (MTN) 2018/2026 .......  | EUR | 6 900 000 |  | 800 000 | % | 95.268 | 6 573 492.00 | 0.37 |
| 0.375 % Belfius Bank SA (MTN) 2020/2025 ** ..........  0.50 % Blackstone Property Partners Europe Holdings Sarl (MTN) 2019/2023 .......................  | EUR EUR | 7 900 000 9 644 000 |  | 400 000 700 000 | % % | 92.631 97.283 | 7 317 849.00 9 381 972.52 | 0.42 0.53 |
| 2.50 % BNP Paribas (MTN) 2022/2032 * ..............  | EUR | 4 900 000 | 4 900 000 |  | % | 91.054 | 4 461 646.00 | 0.25 |
| 2.125 % BNP Paribas SA (MTN) 2019/2027 *............  | EUR | 2 800 000 |  | 300 000 | % | 96.148 | 2 692 144.00 | 0.15 |
| 1.125 % BNP Paribas SA (MTN) 2019/2024 .............  | EUR | 4 500 000 |  | 200 000 | % | 97.407 | 4 383 315.00 | 0.25 |
| 0.50 % BNP Paribas SA (MTN) 2020/2028 * ** .........  | EUR | 9 700 000 |  | 600 000 | % | 85.568 | 8 300 096.00 | 0.47 |
| 2.10 % BNP Paribas SA (MTN) 2022/2032 .............  | EUR | 6 600 000 | 6 600 000 |  | % | 85.523 | 5 644 518.00 | 0.32 |
| 0.50 % Booking Holdings, Inc. (MTN) 2021/2028 ........  | EUR | 6 311 000 |  | 500 000 | % | 87.762 | 5 538 659.82 | 0.32 |
| 0.625 % Boston Scientific Corp. (MTN) 2019/2027. . . . . . . . | EUR | 5 041 000 |  | 700 000 | % | 88.207 | 4 446 514.87 | 0.25 |
| 3.25 % Bouygues SA 2022/2037.....................  | EUR | 11 900 000 | 11 900 000 |  | % | 91.599 | 10 900 281.00 | 0.62 |
| 0.50 % BPCE SA (MTN) 2019/2027 ..................  | EUR | 5 000 000 |  | 700 000 | % | 88.117 | 4 405 850.00 | 0.25 |
| 0.25 % BPCE SA (MTN) 2021/2031 ..................  | EUR | 6 200 000 |  | 400 000 | % | 77.167 | 4 784 354.00 | 0.27 |
| 1.50 % BPCE SA 2021/2042 * ......................  2.125 % British Telecommunications PLC (MTN) 2018/2028 ** ........................  | EUR EUR | 3 800 000 940 000 | 940 000 | 6 400 000 | % % | 85.895 94.632 | 3 264 010.00 889 540.80 | 0.19 0.05 |

| 0.50 % British Telecommunications PLC (MTN) 2019/2025 ..........................  | EUR | 4 573 000 | % | 94.028 | 4 299 900.44 | 0.24 |
| --- | --- | --- | --- | --- | --- | --- |
| 1.125 % British Telecommunications PLC |  |  |  |  |  |  |
| (MTN) 2019/2029 ** ........................  6.375 % Caisse Nationale de Reassurance Mutuelle | EUR | 2 330 000 | 2 330 000 | % | 87.259 | 2 033 134.70 | 0.12 |
| Agricole Groupama 2014/perpetual * ** ........  | EUR | 5 500 000 |  | 900 000 | % | 101.054 | 5 557 970.00 | 0.32 |
| 0.375 % CaixaBank SA (MTN) 2020/2025 ...............  | EUR | 4 500 000 | 5 000 000 | 500 000 | % | 94.719 | 4 262 355.00 | 0.24 |
| 0.75 % CaixaBank SA (MTN) 2020/2026 * **...........  | EUR | 3 000 000 |  | 3 600 000 | % | 93.802 | 2 814 060.00 | 0.16 |
| 0.80 % Capital One Financial Corp. (MTN) 2019/2024 ....  | EUR | 9 439 000 |  |  | % | 96.383 | 9 097 591.37 | 0.52 |
| 5.875 % Centurion Bidco SpA -Reg- (MTN) 2020/2026 ....  | EUR | 3 500 000 |  | 4 421 000 | % | 88.477 | 3 096 695.00 | 0.18 |
| 2.375 % CEZ AS (MTN) 2022/2027 ....................  | EUR | 8 920 000 | 8 920 000 |  | % | 94.128 | 8 396 217.60 | 0.48 |
| 0.875 % Chorus Ltd (MTN) 2019/2026 .................  | EUR | 11 000 000 | 2 316 000 | 400 000 | % | 91.652 | 10 081 720.00 | 0.57 |
| 1.25 % Citigroup, Inc. (MTN) 2020/2026 * .............  | EUR | 5 036 000 |  | 200 000 | % | 95.274 | 4 797 998.64 | 0.27 |
| 1.125 % CNAC HK Finbridge Co., Ltd 2020/2024 .........  | EUR | 3 965 000 |  | 900 000 | % | 94.47 | 3 745 735.50 | 0.21 |
| 0.125 % Coca-Cola Co. (MTN) 2020/2029 ** ............  | EUR | 5 500 000 | 5 500 000 |  | % | 84.135 | 4 627 425.00 | 0.26 |
| 1.00 % Cofinimmo SA (MTN) 2022/2028 ..............  | EUR | 11 700 000 | 13 200 000 | 1 500 000 | % | 84.341 | 9 867 897.00 | 0.56 |
| 2.25 % Coloplast Finance BV (MTN) 2022/2027 .........  | EUR | 4 288 000 | 4 288 000 |  | % | 97.358 | 4 174 711.04 | 0.24 |
| 2.75 % Coloplast Finance BV (MTN) 2022/2030 .........  | EUR | 4 087 000 | 4 087 000 |  | % | 97.034 | 3 965 779.58 | 0.23 |
| 1.375 % Commerzbank AG (MTN) 2021/2031 *..........  | EUR | 5 000 000 |  | 6 100 000 | % | 82.01 | 4 100 500.00 | 0.23 |
| 3.00 % Commerzbank AG (MTN) 2022/2027 *..........  | EUR | 6 100 000 | 6 100 000 |  | % | 97.679 | 5 958 419.00 | 0.34 |
| 2.125 % Conti-Gummi Finance BV (MTN) 2020/2023 ......  | EUR | 6 365 000 |  | 300 000 | % | 100.239 | 6 380 212.35 | 0.36 |
| 1.625 % Credit Agricole SA (MTN) 2020/2030 *..........  | EUR | 4 800 000 |  | 900 000 | % | 93.385 | 4 482 480.00 | 0.26 |
| 1.875 % Credit Agricole SA (MTN) 2022/2027 *..........  | EUR | 3 900 000 | 8 400 000 | 4 500 000 | % | 95.558 | 3 726 762.00 | 0.21 |
| 1.25 % Credit Mutuel Arkea SA (MTN) 2020/2029 * .....  | EUR | 4 300 000 |  | 700 000 | % | 88.302 | 3 796 986.00 | 0.22 |
| 2.125 % Credit Suisse AG/London (MTN) 2022/2024 ......  | EUR | 7 000 000 | 11 560 000 | 4 560 000 | % | 99.275 | 6 949 250.00 | 0.40 |
| 3.25 % Credit Suisse Group AG (MTN) 2020/2026 * **...  | EUR | 2 090 000 |  | 500 000 | % | 97.706 | 2 042 055.40 | 0.12 |
| 2.125 % Credit Suisse Group AG 2022/2026 * ...........  | EUR | 8 350 000 | 8 350 000 |  | % | 93.312 | 7 791 552.00 | 0.44 |
| 2.875 % Credit Suisse Group AG (MTN) 2022/2032 * .....  1.00 % Czech Gas Networks Investments Sarl (MTN) 2020/2027 ..........................  | EUR EUR | 3 830 000 6 401 000 | 3 830 000 | 400 000 | % % | 84.195 79.691 | 3 224 668.50 5 101 020.91 | 0.18 0.29 |
| 0.875 % Czech Gas Networks Investments Sarl (MTN) 2021/2031 ..........................  | EUR | 5 331 000 |  | 700 000 | % | 63.239 | 3 371 271.09 | 0.19 |
| 0.375 % Danfoss Finance I BV (MTN) 2021/2028.........  | EUR | 5 742 000 |  | 700 000 | % | 85.425 | 4 905 103.50 | 0.28 |
| 1.625 % Danske Bank A/S (MTN) 2019/2024 ............  | EUR | 4 364 000 |  | 200 000 | % | 99.236 | 4 330 659.04 | 0.25 |
| 1.00 % Deutsche Bank AG (MTN) 2020/2025 * .........  | EUR | 5 200 000 |  | 700 000 | % | 94.419 | 4 909 788.00 | 0.28 |
| 1.75 % Deutsche Bank AG (MTN) 2020/2030 * .........  | EUR | 2 600 000 |  | 3 900 000 | % | 82.563 | 2 146 638.00 | 0.12 |
| 0.75 % Deutsche Bank AG (MTN) 2021/2027 * ** ......  | EUR | 6 400 000 |  | 800 000 | % | 88.53 | 5 665 920.00 | 0.32 |
| 3.25 % Deutsche Bank AG (MTN) 2022/2028 * .........  | EUR | 3 400 000 | 3 400 000 |  | % | 95.63 | 3 251 420.00 | 0.19 |
| 1.25 % Deutsche Boerse AG 2020/2047 * ** ..........  | EUR | 3 500 000 |  | 700 000 | % | 84.352 | 2 952 320.00 | 0.17 |
| 0.25 % Deutsche Pfandbriefbank AG (MTN) 2021/2025...  | EUR | 6 200 000 |  | 500 000 | % | 90.519 | 5 612 178.00 | 0.32 |
| 0.75 % DH Europe Finance II Sarl 2019/2031 ...........  | EUR | 4 073 000 |  | 500 000 | % | 80.897 | 3 294 934.81 | 0.19 |
| 1.50 % Diageo Capital BV (MTN) 2022/2029 ...........  | EUR | 6 020 000 | 6 020 000 |  | % | 92.423 | 5 563 864.60 | 0.32 |
| 1.875 % Diageo Capital BV 2022/2034 .................  | EUR | 6 380 000 | 6 380 000 |  | % | 87.644 | 5 591 687.20 | 0.32 |
| 1.00 % Digital Dutch Finco BV 2020/2032 .............  | EUR | 3 962 000 |  | 1 000 000 | % | 71.3 | 2 824 906.00 | 0.16 |
| 2.50 % Digital Euro Finco LLC (MTN) 2019/2026 ........  0.45 % DXC Capital Funding DAC -Reg- (MTN) 2021/2027 ..........................  | EUR EUR | 5 041 000 10 760 000 |  | 700 000 1 000 000 | % % | 96.343 83.94 | 4 856 650.63 9 031 944.00 | 0.28 0.51 |
| 1.75 % DXC Technology Co. (MTN) 2018/2026 ** .......  | EUR | 4 588 000 |  | 700 000 | % | 94.253 | 4 324 327.64 | 0.25 |
| 1.625 % E.ON SE (MTN) 2022/2031 ...................  | EUR | 4 290 000 | 4 290 000 |  | % | 87.61 | 3 758 469.00 | 0.21 |
| 1.875 % EDP Finance BV (MTN) 2022/2029 .............  | EUR | 5 800 000 | 6 100 000 | 300 000 | % | 91.029 | 5 279 682.00 | 0.30 |
| 2.00 % Electricite de France SA (MTN) 2019/2049 ** ....  | EUR | 7 900 000 |  | 900 000 | % | 62.814 | 4 962 306.00 | 0.28 |
| 0.375 % Elenia Verkko Oyj (MTN) 2020/2027 ............  | EUR | 913 000 |  | 500 000 | % | 89.02 | 812 752.60 | 0.05 |
| 1.375 % Eli Lilly & Co. 2021/2061 .....................  0.875 % Elia Transmission Belgium SA (MTN) 2020/2030 ** ........................  | EUR EUR | 9 900 000 4 600 000 |  | 1 000 000 500 000 | % % | 55.688 83.411 | 5 513 112.00 3 836 906.00 | 0.31 0.22 |
| 4.125 % Elis SA (MTN) 2022/2027 **..................  3.75 % ELM BV for Firmenich International SA 2020/ perpetual * ...............................  | EUR EUR | 3 100 000 4 537 000 | 3 100 000 | 1 000 000 | % % | 95.223 92.234 | 2 951 913.00 4 184 656.58 | 0.17 0.24 |
| 4.50 % ELM BV for Swiss Life Insurance & Pension Group (MTN) 2016/perpetual * .........  | EUR | 2 796 000 |  | 1 000 000 | % | 96.745 | 2 704 990.20 | 0.15 |
| 2.375 % ELO SACA (MTN) 2019/2025 **...............  | EUR | 6 100 000 |  | 400 000 | % | 96.493 | 5 886 073.00 | 0.33 |
| 0.875 % Enel Finance International NV (MTN) 2021/2036 .. 0.875 % Enel Finance International NV (MTN) 2022/2031 ** ........................  | EUR EUR | 5 800 000 6 470 000 | 7 170 000 | 700 000 700 000 | % % | 65.506 79.535 | 3 799 348.00 5 145 914.50 | 0.22 0.29 |
| 2.125 % Engie SA (MTN) 2020/2032...................  | EUR | 2 200 000 |  | 500 000 | % | 90.517 | 1 991 374.00 | 0.11 |
| 1.00 % Engie SA (MTN) 2021/2036...................  | EUR | 4 300 000 |  | 6 200 000 | % | 67.75 | 2 913 250.00 | 0.17 |
| 1.50 % Eni SpA (MTN) 2017/2027 ** .................  | EUR | 1 800 000 |  | 400 000 | % | 95.507 | 1 719 126.00 | 0.10 |
| 2.625 % Eni SpA 2020/perpetual * ....................  | EUR | 5 471 000 |  | 300 000 | % | 89.379 | 4 889 925.09 | 0.28 |
| 2.00 % Eni SpA 2021/perpetual * ....................  | EUR | 4 839 000 |  | 1 000 000 | % | 81.254 | 3 931 881.06 | 0.22 |
| 0.375 % Eni SpA (MTN) 2021/2028....................  | EUR | 4 000 000 |  | 5 731 000 | % | 86.759 | 3 470 360.00 | 0.20 |
| 1.659 % EP Infrastructure AS (MTN) 2018/2024. . . . . . . . . . | EUR | 4 179 000 |  | 200 000 | % | 85.136 | 3 557 833.44 | 0.20 |
| 1.698 % EP Infrastructure AS (MTN) 2019/2026. . . . . . . . . . | EUR | 5 314 000 |  |  | % | 70.237 | 3 732 394.18 | 0.21 |
| 2.045 % EP Infrastructure AS (MTN) 2019/2028. . . . . . . . . . | EUR | 6 211 000 |  | 600 000 | % | 67.292 | 4 179 506.12 | 0.24 |
| 0.875 % EQT AB (MTN) 2021/2031 ...................  | EUR | 7 657 000 |  | 1 100 000 | % | 73.179 | 5 603 316.03 | 0.32 |
| 0.25 % Equinix, Inc. (MTN) 2021/2027 **..............  | EUR | 6 472 000 |  | 700 000 | % | 86.542 | 5 600 998.24 | 0.32 |
| 0.875 % Erste Group Bank AG (MTN) 2021/2032 * .......  | EUR | 5 800 000 |  | 700 000 | % | 82.125 | 4 763 250.00 | 0.27 |
| 1.50 % Erste Group Bank AG (MTN) 2022/2026 .........  | EUR | 7 900 000 | 7 900 000 |  | % | 95.533 | 7 547 107.00 | 0.43 |
| 4.00 % Erste Group Bank AG (MTN) 2022/2033 * .......  | EUR | 4 300 000 | 4 300 000 |  | % | 95.281 | 4 097 083.00 | 0.23 |
| 0.875 % Eurofins Scientific SE (MTN) 2021/2031 .........  | EUR | 9 000 000 |  | 6 477 000 | % | 75.225 | 6 770 250.00 | 0.39 |
| 1.56 % Experian Europe DAC (MTN) 2022/2031 ** ......  | EUR | 3 790 000 | 4 290 000 | 500 000 | % | 85.909 | 3 255 951.10 | 0.19 |
| 1.375 % Experian Finance PLC (MTN) 2017/2026 ........  | EUR | 4 524 000 |  | 500 000 | % | 96.002 | 4 343 130.48 | 0.25 |
| 1.408 % Exxon Mobil Corp. 2020/2039 ** ..............  | EUR | 4 268 000 |  | 500 000 | % | 70.334 | 3 001 855.12 | 0.17 |
| 1.875 % Fastighets AB Balder (MTN) 2017/2026 .........  | EUR | 4 365 000 |  | 500 000 | % | 80.292 | 3 504 745.80 | 0.20 |

| Security name | Count/ units/ currency | Quantity/ principal amount | Purchases/ additions in the | Sales/ disposals reporting period | Currency | Market price | Total market value in EUR | % of net assets |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 3.00 % Fastighets AB Balder 2017/2078 * ** ..........  | EUR | 2 473 000 |  | 2 100 000 | % | 75.928 | 1 877 699.44 | 0.11 |
| 0.00 % FCA Bank SpA/Ireland (MTN) 2021/2024 ........  | EUR | 7 171 000 |  | 400 000 | % | 96.525 | 6 921 807.75 | 0.39 |
| 2.124 % Ferrovial Netherlands BV 2017/perpetual *. . . . . . . | EUR | 3 443 000 |  | 600 000 | % | 83.54 | 2 876 282.20 | 0.16 |
| 0.50 % Fomento Economico Mexicano SAB de CV |  |  |  |  |  |  |  |  |
| (MTN) 2021/2028 ..........................  | EUR | 5 600 000 |  | 6 885 000 | % | 84.825 | 4 750 200.00 | 0.27 |
| 4.35 % Fortune Star BVI Ltd 2019/2023 ** ............  | EUR | 3 403 000 |  | 400 000 | % | 78.667 | 2 677 038.01 | 0.15 |
| 1.875 % Fresenius SE & Co., KGaA (MTN) 2022/2025 .....  | EUR | 4 550 000 | 4 550 000 |  | % | 97.35 | 4 429 425.00 | 0.25 |
| 0.125 % General Mills, Inc. 2021/2025 .................  | EUR | 8 800 000 |  | 600 000 | % | 92.636 | 8 151 968.00 | 0.46 |
| 2.20 % General Motors Financial Co, |  |  |  |  |  |  |  |  |
| Inc. (MTN) 2019/2024 .......................      | EUR | 5 018 000 |  | 500 000 | % | 99.106 | 4 973 139.08 | 0.28 |
| 1.50 % Glencore Finance Europe Ltd (MTN) 2019/2026...  | EUR | 4 800 000 |  | 200 000 | % | 88.828 | 4 263 744.00 | 0.24 |
| 1.50 % Global Switch Holdings Ltd (MTN) 2017/2024 ....  | EUR | 13 261 000 |  |  | % | 97.616 | 12 944 857.76 | 0.74 |
| 1.375 % Goldman Sachs Group, Inc. (MTN) 2017/2024 ....  | EUR | 5 197 000 |  | 300 000 | % | 99.376 | 5 164 570.72 | 0.29 |
| 0.125 % Goldman Sachs Group, Inc. (MTN) 2019/2024 ....  | EUR | 5 539 000 |  | 300 000 | % | 95.367 | 5 282 378.13 | 0.30 |
| 0.25 % Goldman Sachs Group, Inc. (MTN) 2021/2028 ....  | EUR | 7 468 000 |  | 900 000 | % | 83.788 | 6 257 287.84 | 0.36 |
| 1.25 % GSK Consumer Healthcare Capital NL, |  |  |  |  |  |  |  |  |
| BV (MTN) 2022/2026........................  | EUR | 3 000 000 | 6 680 000 | 3 680 000 | % | 95.957 | 2 878 710.00 | 0.16 |
| 1.75 % GSK Consumer Healthcare Capital NL, |  |  |  |  |  |  |  |  |
| BV (MTN) 2022/2030 ** .....................  | EUR | 5 460 000 | 5 460 000 | % | 91.351 | 4 987 764.60 | 0.28 |
| 0.50 % Hamburg Commercial Bank AG |  |  |  |  |  |  |  |  |
| (MTN) 2021/2026 * .........................  | EUR | 5 600 000 | 300 000 | % | 90.082 | 5 044 592.00 | 0.29 |
| 1.375 % Hannover Rueck SE 2021/2042 * ** ...........  | EUR | 7 600 000 |  | % | 75.344 | 5 726 144.00 | 0.33 |
| 3.875 % Harley-Davidson Financial Services, |  |  |  |  |  |  |  |
| Inc. 2020/2023 ** ..........................  | EUR | 5 441 000 | 300 000 | % | 100.904 | 5 490 186.64 | 0.31 |
| 1.875 % Heathrow Funding Ltd (MTN) 2019/2034 ........  | EUR | 3 219 000 | 500 000 | % | 80.024 | 2 575 972.56 | 0.15 |
| 3.248 % Heimstaden Bostad AB 2019/perpetual *........  | EUR | 3 500 000 | 500 000 | % | 60.779 | 2 127 265.00 | 0.12 |
| 0.25 % Heimstaden Bostad Treasury BV |  |  |  |  |  |  |  |
| (MTN) 2021/2024 ..........................  | EUR | 9 580 000 | 500 000 | % | 91.131 | 8 730 349.80 | 0.50 |
| 0.318 % Highland Holdings Sarl (MTN) 2021/2026 ........  | EUR | 3 460 000 | 5 600 000 | % | 89.385 | 3 092 721.00 | 0.18 |
| 0.625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |  |  |  |
| (MTN) 2017/2023 ** ........................  | EUR | 3 900 000 | 200 000 | % | 99.167 | 3 867 513.00 | 0.22 |
| 1.625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |  |  |  |  |
| (MTN) 2017/2027 ** ........................  | EUR | 2 700 000 | 300 000 | % | 89.914 | 2 427 678.00 | 0.14 |
| 0.625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |  |  |  |  |
| (MTN) 2021/2028 ..........................  | EUR | 4 800 000 | 500 000 | % | 82.887 | 3 978 576.00 | 0.23 |
| 0.625 % HOWOGE Wohnungs-baugesellschaft mbH |  |  |  |  |  |  |  |  |
| (MTN) 2021/2028 ..........................  | EUR | 6 700 000 | 800 000 | % | 84.301 | 5 648 167.00 | 0.32 |
| 1.125 % HOWOGE Wohnungs-baugesellschaft mbH |  |  |  |  |  |  |  |  |
| (MTN) 2021/2033 ..........................  | EUR | 900 000 |  | 7 600 000 | % | 75.759 | 681 831.00 | 0.04 |
| 0.10 % ING Groep NV (MTN) 2019/2025 * .............  | EUR | 3 200 000 |  | 200 000 | % | 94.334 | 3 018 688.00 | 0.17 |
| 0.125 % ING Groep NV 2021/2025 * ..................  | EUR | 10 100 000 |  | 500 000 | % | 93.629 | 9 456 529.00 | 0.54 |
| 1.25 % International Business Machines Corp. |  |  |  |  |  |  |  |  |
| (MTN) 2022/2034 ..........................  | EUR | 9 690 000 | 10 890 000 | 1 200 000 | % | 81.371 | 7 884 849.90 | 0.45 |
| 1.75 % International Flavors & Fragrances, |  |  |  |  |  |  |  |  |
| Inc. (MTN) 2016/2024 ** ....................  | EUR | 3 693 000 | 200 000 | % | 99.235 | 3 664 748.55 | 0.21 |
| 1.80 % International Flavors & Fragrances, |  |  |  |  |  |  |  |  |
| Inc. (MTN) 2018/2026 .......................      | EUR | 5 339 000 |  | 500 000 | % | 94.162 | 5 027 309.18 | 0.29 |
| 0.75 % Intesa Sanpaolo SpA (MTN) 2019/2024 .........  | EUR | 3 761 000 |  | 200 000 | % | 96.012 | 3 611 011.32 | 0.21 |
| 1.25 % ISS Finance BV (MTN) 2020/2025..............  | EUR | 6 644 000 |  | 800 000 | % | 96.224 | 6 393 122.56 | 0.36 |
| 2.125 % ISS Global A/S (MTN) 2014/2024 ..............  | EUR | 1 145 000 |  | 100 000 | % | 100.116 | 1 146 328.20 | 0.07 |
| 0.875 % ISS Global A/S (MTN) 2019/2026 ** ............  | EUR | 6 317 000 |  | 300 000 | % | 90.044 | 5 688 079.48 | 0.32 |
| 1.00 % JAB Holdings BV (MTN) 2019/2027 ............  | EUR | 4 900 000 |  | 500 000 | % | 85.42 | 4 185 580.00 | 0.24 |
| 0.50 % JDE Peet‘s NV (MTN) 2021/2029 ..............  | EUR | 6 518 000 |  | 800 000 | % | 79.592 | 5 187 806.56 | 0.30 |
| 1.963 % JPMorgan Chase & Co (MTN) 2022/2030 * ......  | EUR | 6 040 000 | 6 040 000 |  | % | 91.452 | 5 523 700.80 | 0.31 |
| 0.389 % JPMorgan Chase & Co. (MTN) 2020/2028 * .....  | EUR | 4 658 000 |  | 500 000 | % | 88.16 | 4 106 492.80 | 0.23 |
| 0.25 % Jyske Bank A/S (MTN) 2021/2028 * ............  | EUR | 17 030 000 |  | 7 200 000 | % | 88.9 | 15 139 670.00 | 0.86 |
| 0.25 % KBC Group NV (MTN) 2021/2027 * ** ..........  | EUR | 5 900 000 |  | 700 000 | % | 89.73 | 5 294 070.00 | 0.30 |
| 1.625 % KKR Group Finance Co. V LLC -Reg- |  |  |  |  |  |  |  |  |
| (MTN) 2019/2029 ** ........................  | EUR | 4 839 000 |  | 1 000 000 | % | 84.652 | 4 096 310.28 | 0.23 |
| 2.85 % Koninklijke FrieslandCampina NV 2020/ |  |  |  |  |  |  |  |  |
| perpetual * ...............................  | EUR | 7 240 000 |  |  | % | 88.087 | 6 377 498.80 | 0.36 |
| 2.125 % Koninklijke Philips NV (MTN) 2022/2029 ** ......  | EUR | 5 000 000 | 6 320 000 | 1 320 000 | % | 93.472 | 4 673 600.00 | 0.27 |
| 1.00 % La Banque Postale SA (MTN) 2020/2026 * ......  | EUR | 6 200 000 |  | 900 000 | % | 92.91 | 5 760 420.00 | 0.33 |
| 1.00 % La Poste SA (MTN) 2019/2034 ................  | EUR | 7 100 000 |  | 4 500 000 | % | 78.244 | 5 555 324.00 | 0.32 |
| 4.00 % Landesbank Baden-Wuerttemberg |  |  |  |  |  |  |  |  |
| (MTN) 2019/perpetual * .....................  | EUR | 6 800 000 |  |  | % | 83.2 | 5 657 600.00 | 0.32 |
| 4.50 % Landesbank Hessen-Thueringen Girozentrale |  |  |  |  |  |  |  |  |
| (MTN) 2022/2032 * ** ......................  | EUR | 3 800 000 | 3 800 000 |  | % | 97.222 | 3 694 436.00 | 0.21 |
| 0.25 % LeasePlan Corp., NV (MTN) 2021/2026 ** .......  | EUR | 7 990 000 |  | 1 000 000 | % | 87.596 | 6 998 920.40 | 0.40 |
| 0.875 % LEG Immobilien SE (MTN) 2021/2033 ..........  | EUR | 5 900 000 |  | 800 000 | % | 65.916 | 3 889 044.00 | 0.22 |
| 0.875 % LEG Immobilien SE (MTN) 2022/2029 ..........  | EUR | 7 900 000 | 8 800 000 | 900 000 | % | 79.61 | 6 289 190.00 | 0.36 |
| 0.50 % LG Chem Ltd -Reg- 2019/2023 ................  | EUR | 4 535 000 |  |  | % | 99.359 | 4 505 930.65 | 0.26 |
| 1.75 % Liberty Mutual Finance Europe DAC -Reg- |  |  |  |  |  |  |  |  |
| (MTN) 2017/2024 ** ........................  | EUR | 5 455 000 |  | 500 000 | % | 99.302 | 5 416 924.10 | 0.31 |
| 1.375 % Linde PLC (MTN) 2022/2031 ** ...............  | EUR | 7 000 000 | 9 300 000 | 2 300 000 | % | 87.962 | 6 157 340.00 | 0.35 |
| 3.25 % Logicor Financing Sarl (MTN) 2018/2028 ** ......  | EUR | 4 165 000 |  | 700 000 | % | 90.266 | 3 759 578.90 | 0.21 |
| 2.00 % Logicor Financing Sarl (MTN) 2022/2034 ........  | EUR | 5 000 000 | 9 370 000 | 4 370 000 | % | 70.566 | 3 528 300.00 | 0.20 |
| 1.375 % Madrilena Red de Gas Finance BV |  |  |  |  |  |  |  |  |
| (MTN) 2017/2025 ..........................  | EUR | 4 551 000 |  | 500 000 | % | 94.394 | 4 295 870.94 | 0.24 |
| 2.375 % McDonald‘s Corp. (MTN) 2022/2029 ...........  | EUR | 10 000 000 | 13 950 000 | 3 950 000 | % | 95.013 | 9 501 300.00 | 0.54 |
| 2.25 % Medtronic Global Holdings SCA 2019/2039 ......  | EUR | 3 493 000 |  | 400 000 | % | 83.47 | 2 915 607.10 | 0.17 |
| 2.264 % Mitsubishi UFJ Financial Group, Inc. 2022/2025 * . | EUR | 5 000 000 | 7 990 000 | 2 990 000 | % | 99.668 | 4 983 400.00 | 0.28 |
| 0.693 % Mizuho Financial Group, Inc. (MTN) 2020/2030 ...  | EUR | 5 000 000 |  | 2 785 000 | % | 77.347 | 3 867 350.00 | 0.22 |

| Security name | Count/ units/ currency | Quantity/ principal amount | Purchases/ additions in the | Sales/ disposals reporting period | Currency | Market price | Total market value in EUR | % of net assets |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 4.25 % Mobilux Finance SAS -Reg- (MTN) 2021/2028 ....  | EUR | 3 873 000 | 700 000 | % | 73.824 | 2 859 203.52 | 0.16 |
| 1.25 % Mondelez International Holdings Netherlands |  |  |  |  |  |  |  |
| BV -Reg- 2021/2041 ........................  | EUR | 7 000 000 | 2 470 000 | % | 62.668 | 4 386 760.00 | 0.25 |
| 3.25 % Muenchener Rueckversicherungs-Gesellschaft |  |  |  |  |  |  |  |  |
| AG in Muenchen 2018/2049 * ** ..............  | EUR | 4 700 000 | 500 000 | % | 93.084 | 4 374 948.00 | 0.25 |
| 3.50 % Mutuelle Assurance Des Commercants et |  |  |  |  |  |  |  |  |
| Industriels de France et Des Cadres et |  |  |  |  |  |  |  |  |
| Sal 2021/perpetual * ........................  | EUR | 3 000 000 | 3 800 000 | 5 000 000 | % | 72.862 | 2 185 860.00 | 0.12 |
| 2.125 % Mylan, Inc. (MTN) 2018/2025 .................  | EUR | 4 900 000 |  | 500 000 | % | 95.82 | 4 695 180.00 | 0.27 |
| 2.125 % National Australia Bank (MTN) 2022/2028 .......  | EUR | 5 000 000 | 6 590 000 | 1 590 000 | % | 96.413 | 4 820 650.00 | 0.27 |
| 0.41 % National Grid North America, |  |  |  |  |  |  |  |  |
| Inc. (MTN) 2022/2026 .......................      | EUR | 5 000 000 | 7 040 000 | 2 040 000 | % | 91.638 | 4 581 900.00 | 0.26 |
| 1.054 % National Grid North America, |  |  |  |  |  |  |  |  |
| Inc. (MTN) 2022/2031 .......................      | EUR | 5 000 000 | 12 580 000 | 7 580 000 | % | 81.338 | 4 066 900.00 | 0.23 |
| 2.949 % National Grid PLC (MTN) 2022/2030 ............  | EUR | 5 000 000 | 5 470 000 | 470 000 | % | 95.87 | 4 793 500.00 | 0.27 |
| 1.75 % NatWest Group PLC (MTN) 2018/2026 * ........  | EUR | 4 565 000 |  | 300 000 | % | 96.03 | 4 383 769.50 | 0.25 |
| 1.50 % Nestle Finance International Ltd |  |  |  |  |  |  |  |  |
| (MTN) 2022/2035 ..........................  | EUR | 4 500 000 | 8 530 000 | 4 030 000 | % | 84.806 | 3 816 270.00 | 0.22 |
| 4.625 % Netflix, Inc. 2018/2029 ** ....................  | EUR | 5 706 000 | 6 206 000 | 500 000 | % | 94.552 | 5 395 137.12 | 0.31 |
| 1.125 % Nordea Bank Abp (MTN) 2022/2027 ............  | EUR | 4 770 000 | 5 770 000 | 1 000 000 | % | 92.059 | 4 391 214.30 | 0.25 |
| 0.082 % NTT FINANCE Corp. 2021/2025 ...............  | EUR | 4 630 000 |  | 500 000 | % | 93.043 | 4 307 890.90 | 0.25 |
| 1.00 % Optus Finance Pty, Ltd (MTN) 2019/2029 .......  | EUR | 9 341 000 |  |  | % | 87.588 | 8 181 595.08 | 0.47 |
| 2.375 % Orange SA (MTN) 2019/perpetual * ............  | EUR | 4 500 000 |  | 500 000 | % | 93.605 | 4 212 225.00 | 0.24 |
| 2.875 % Organon & Co. Via Organon Foreign Debt |  |  |  |  |  |  |  |  |
| Co-Issuer BV -Reg- (MTN) 2021/2028 ...........  | EUR | 1 845 000 |  | 5 180 000 | % | 84.06 | 1 550 907.00 | 0.09 |
| 2.25 % Orsted AS (MTN) 2022/2028..................  | EUR | 6 270 000 | 6 270 000 |  | % | 98.104 | 6 151 120.80 | 0.35 |
| 0.50 % POSCO Holdings, Inc. -Reg- 2020/2024 ** ......  | EUR | 9 821 000 |  | 500 000 | % | 98.054 | 9 629 883.34 | 0.55 |
| 3.25 % PPF Telecom Group BV (MTN) 2020/2027 .......  | EUR | 3 673 000 |  | 900 000 | % | 87.812 | 3 225 334.76 | 0.18 |
| 2.75 % PPG Industries, Inc. (MTN) 2022/2029 ..........  | EUR | 5 000 000 | 7 380 000 | 2 380 000 | % | 95.696 | 4 784 800.00 | 0.27 |
| 0.90 % Procter & Gamble Co. 2021/2041 ..............  | EUR | 4 011 000 | 6 600 000 | 2 589 000 | % | 65.917 | 2 643 930.87 | 0.15 |
| 0.50 % Prologis Euro Finance LLC 2021/2032 ** ........  | EUR | 5 736 000 |  | 900 000 | % | 73.705 | 4 227 718.80 | 0.24 |
| 1.75 % Prologis International Funding II SA |  |  |  |  |  |  |  |  |
| (MTN) 2018/2028 ..........................  | EUR | 3 275 000 |  | 600 000 | % | 91.828 | 3 007 367.00 | 0.17 |
| 3.00 % Prologis LP 2014/2026 ** ....................  | EUR | 2 224 000 |  | 500 000 | % | 100.899 | 2 243 993.76 | 0.13 |
| 1.539 % Prosus NV -Reg- (MTN) 2020/2028 .............  | EUR | 7 941 000 |  | 1 400 000 | % | 79.288 | 6 296 260.08 | 0.36 |
| 1.985 % Prosus NV -Reg- 2021/2033 ..................  | EUR | 5 855 000 |  | 1 200 000 | % | 67.156 | 3 931 983.80 | 0.22 |
| 1.207 % Prosus NV -Reg- 2022/2026 **................  | EUR | 5 430 000 | 6 330 000 | 900 000 | % | 87.201 | 4 735 014.30 | 0.27 |
| 6.00 % PSA Tresorerie GIE 2003/2033 ................  | EUR | 2 732 000 | 2 732 000 |  | % | 109.389 | 2 988 507.48 | 0.17 |
| 2.875 % Raiffeisen Bank International AG 2020/2032 * ....  | EUR | 5 300 000 |  |  | % | 79.396 | 4 207 988.00 | 0.24 |
| 3.875 % Rentokil Initial Finance BV (MTN) 2022/2027 .....  | EUR | 8 280 000 | 8 280 000 |  | % | 101.71 | 8 421 588.00 | 0.48 |
| 4.375 % Rentokil Initial Finance BV (MTN) 2022/2030 .....  | EUR | 6 100 000 | 6 100 000 |  | % | 102.917 | 6 277 937.00 | 0.36 |
| 0.75 % Royal Bank of Scotland Group PLC |  |  |  |  |  |  |  |  |
| (MTN) 2019/2025 * .........................  | EUR | 4 565 000 |  | 300 000 | % | 95.164 | 4 344 236.60 | 0.25 |
| 0.625 % RWE AG (MTN) 2021/2031 ** ................  | EUR | 6 000 000 |  | 13 300 000 | % | 77.444 | 4 646 640.00 | 0.26 |
| 1.00 % RWE AG (MTN) 2021/2033 ** ................  | EUR | 6 300 000 | 7 000 000 | 700 000 | % | 73.142 | 4 607 946.00 | 0.26 |
| 0.875 % Ryanair DAC (MTN) 2021/2026 ** .............  | EUR | 6 829 000 |  | 800 000 | % | 89.129 | 6 086 619.41 | 0.35 |
| 1.125 % Samhallsbyggnadsbolaget i Norden AB |  |  |  |  |  |  |  |  |
| (MTN) 2019/2026 ** ........................  | EUR | 6 296 000 |  |  | % | 67.218 | 4 232 045.28 | 0.24 |
| 2.125 % Sandvik AB (MTN) 2022/2027 .................  | EUR | 5 000 000 | 7 720 000 | 2 720 000 | % | 97.314 | 4 865 700.00 | 0.28 |
| 0.125 % Santander Consumer Bank AS (MTN) 2020/2025..  | EUR | 7 600 000 |  |  | % | 94.035 | 7 146 660.00 | 0.41 |
| 0.50 % Santander Consumer Bank AS (MTN) 2022/2025..  | EUR | 7 100 000 | 7 100 000 |  | % | 93.751 | 6 656 321.00 | 0.38 |
| 0.00 % Santander Consumer Finance SA |  |  |  |  |  |  |  |  |
| (MTN) 2021/2026 ..........................  | EUR | 5 000 000 |  | 3 300 000 | % | 90.325 | 4 516 250.00 | 0.26 |
| 2.25 % Scania CV AB (MTN) 2020/2025 ...............  | EUR | 7 000 000 |  | 3 325 000 | % | 98.455 | 6 891 850.00 | 0.39 |
| 1.75 % Scentre Group Trust 1 Via Scentre Group Trust 2 |  |  |  |  |  |  |  |  |
| (MTN) 2018/2028 ..........................  | EUR | 2 118 000 |  | 1 360 000 | % | 89.355 | 1 892 538.90 | 0.11 |
| 1.375 % Schlumberger Finance BV (MTN) 2020/2026 .....  | EUR | 4 655 000 |  | 200 000 | % | 96.108 | 4 473 827.40 | 0.25 |
| 1.25 % Segro Capital Sarl (MTN) 2022/2026 ............  | EUR | 6 370 000 | 6 370 000 |  | % | 93.115 | 5 931 425.50 | 0.34 |
| 1.625 % SES SA (MTN) 2018/2026 ** .................  | EUR | 2 850 000 |  | 200 000 | % | 96.002 | 2 736 057.00 | 0.16 |
| 3.50 % SES SA (MTN) 2022/2029 ....................  | EUR | 7 000 000 | 8 660 000 | 1 660 000 | % | 97.734 | 6 841 380.00 | 0.39 |
| 2.00 % Signify NV 2020/2024 .......................  | EUR | 6 297 000 |  | 300 000 | % | 98.423 | 6 197 696.31 | 0.35 |
| 0.375 % Skandinaviska Enskilda Banken AB |  |  |  |  |  |  |  |  |
| (MTN) 2021/2028 ** ........................  | EUR | 5 500 000 |  | 700 000 | % | 83.958 | 4 617 690.00 | 0.26 |
| 1.75 % Skandinaviska Enskilda Banken AB |  |  |  |  |  |  |  |  |
| (MTN) 2022/2026 ..........................  | EUR | 9 880 000 | 9 880 000 |  | % | 97.113 | 9 594 764.40 | 0.55 |
| 1.00 % Societe Generale SA (MTN) 2020/2030 * ........  | EUR | 4 400 000 |  | 800 000 | % | 87.543 | 3 851 892.00 | 0.22 |
| 0.50 % Societe Generale SA (MTN) 2021/2029 * ** .....  | EUR | 7 000 000 |  | 2 900 000 | % | 82.435 | 5 770 450.00 | 0.33 |
| 1.875 % Southern Co. 2021/2081 * ...................  | EUR | 4 840 000 |  | 1 300 000 | % | 68.62 | 3 321 208.00 | 0.19 |
| 1.00 % SPP-Distribucia AS (MTN) 2021/2031 ...........  | EUR | 6 666 000 |  | 700 000 | % | 64.396 | 4 292 637.36 | 0.24 |
| 4.00 % SSE PLC 2022/perpetual * ...................  | EUR | 6 660 000 | 6 660 000 |  | % | 86.594 | 5 767 160.40 | 0.33 |
| 1.375 % State Grid Overseas Investment BVI Ltd -Reg- |  |  |  |  |  |  |  |  |
| (MTN) 2018/2025 ..........................  | EUR | 7 245 000 |  | 1 000 000 | % | 96.042 | 6 958 242.90 | 0.40 |
| 2.375 % Stedin Holding NV (MTN) 2022/2030 ...........  | EUR | 4 530 000 | 4 530 000 |  | % | 93.912 | 4 254 213.60 | 0.24 |
| 6.50 % Stichting AK Rabobank Certificaten 2014/ |  |  |  |  |  |  |  |  |
| perpetual ** ..............................  | EUR | 3 489 725 |  | 600 000 | % | 97.11 | 3 388 871.95 | 0.19 |
| 2.375 % Suez SACA (MTN) 2022/2030 .................  | EUR | 8 000 000 | 11 000 000 | 3 000 000 | % | 92.167 | 7 373 360.00 | 0.42 |
| 1.50 % Swedbank AB (MTN) 2018/2028 * .............  | EUR | 4 687 000 |  | 700 000 | % | 98.211 | 4 603 149.57 | 0.26 |
| 0.50 % Swiss Life Finance I Ltd (MTN) 2021/2031.......  | EUR | 7 000 000 |  | 3 470 000 | % | 77.708 | 5 439 560.00 | 0.31 |
| 3.00 % Takeda Pharmaceutical Co., Ltd -Reg- 2018/2030 . | EUR | 5 819 000 |  | 700 000 | % | 97.8 | 5 690 982.00 | 0.32 |
| 2.00 % Takeda Pharmaceutical Co., Ltd 2020/2040 ......  | EUR | 5 139 000 |  | 700 000 | % | 75.86 | 3 898 445.40 | 0.22 |
| 1.125 % Tele2 AB (MTN) 2018/2024...................  | EUR | 7 093 000 |  | 400 000 | % | 98.84 | 7 010 721.20 | 0.40 |
| 2.125 % Tele2 AB (MTN) 2018/2028 ** ................  | EUR | 6 981 000 |  | 400 000 | % | 96.255 | 6 719 561.55 | 0.38 |
| 3.75 % Teleperformance (MTN) 2022/2029 ** ..........  | EUR | 7 400 000 | 7 400 000 |  | % | 101.533 | 7 513 442.00 | 0.43 |

| Security name | Count/ units/ currency | Quantity/ principal amount | Purchases/ additions in the | Sales/ disposals reporting period | Currency | Market price | Total market value in EUR | % of net assets |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2.125 % TenneT Holding BV (MTN) 2022/2029 ..........  | EUR | 4 000 000 | 7 070 000 | 3 070 000 | % | 95.764 | 3 830 560.00 | 0.22 |
| 2.75 % TenneT Holding BV (MTN) 2022/2042 ..........  | EUR | 3 800 000 | 7 700 000 | 3 900 000 | % | 89.452 | 3 399 176.00 | 0.19 |
| 0.875 % Terega SA (MTN) 2020/2030 ** ...............  0.80 % Thermo Fisher Scientific Finance I BV (MTN) 2021/2030 ** ........................  | EUR EUR | 5 100 000 8 290 000 |  | 700 000 3 700 000 | % % | 75.255 84.603 | 3 838 005.00 7 013 588.70 | 0.22 0.40 |
| 1.50 % Thermo Fisher Scientific, Inc. (MTN) 2019/2039 ..  | EUR | 2 300 000 |  | 100 000 | % | 71.981 | 1 655 563.00 | 0.09 |
| 1.952 % Toronto-Dominion Bank/The (MTN) 2022/2030 ...  | EUR | 10 240 000 | 10 240 000 |  | % | 90.705 | 9 288 192.00 | 0.53 |
| 2.00 % TotalEnergies SE 2020/perpetual * .............  | EUR | 4 739 000 |  | 1 100 000 | % | 73.658 | 3 490 652.62 | 0.20 |
| 3.25 % TotalEnergies SE 2022/perpetual * ** .......... 1.701 % Transurban Finance Co., Pty Ltd (MTN) 2019/2034 **..................  | EUR EUR | 1 118 000 1 940 000 | 12 870 000 | 11 752 000 400 000 | % % | 70.135 79.5 | 784 109.30 1 542 300.00 | 0.04 0.09 |
| 1.875 % Transurban Finance Co., Pty, Ltd (MTN) 2014/2024 ** .................  | EUR | 4 568 000 |  | 200 000 | % | 99.587 | 4 549 134.16 | 0.26 |
| 0.25 % UBS Group AG (MTN) 2021/2026 * ............  | EUR | 9 540 000 |  | 500 000 | % | 90.973 | 8 678 824.20 | 0.49 |
| 0.875 % UBS Group AG (MTN) 2021/2031 ..............  | EUR | 7 110 000 |  | 4 000 000 | % | 77.907 | 5 539 187.70 | 0.32 |
| 1.00 % UBS Group AG (MTN) 2022/2025 * ............  | EUR | 7 880 000 | 8 280 000 | 400 000 | % | 97.69 | 7 697 972.00 | 0.44 |
| 6.625 % UniCredit SpA 2017/perpetual * ...............  | EUR | 4 700 000 |  |  | % | 95.107 | 4 470 029.00 | 0.25 |
| 1.25 % UniCredit SpA (MTN) 2019/2025 * .............  | EUR | 4 639 000 |  | 500 000 | % | 96.769 | 4 489 113.91 | 0.26 |
| 6.875 % UNIQA Insurance Group AG (MTN) 2013/2043 * ..  | EUR | 500 000 |  |  | % | 101.438 | 507 190.00 | 0.03 |
| 1.375 % UNIQA Insurance Group AG (MTN) 2020/2030 ...  | EUR | 4 300 000 |  | 300 000 | % | 85.215 | 3 664 245.00 | 0.21 |
| 1.362 % Upjohn Finance BV (MTN) 2020/2027...........  | EUR | 6 878 000 |  | 800 000 | % | 86.83 | 5 972 167.40 | 0.34 |
| 2.25 % UPM-Kymmene Oyj (MTN) 2022/2029 ..........  | EUR | 8 850 000 | 8 850 000 |  | % | 93.323 | 8 259 085.50 | 0.47 |
| 2.375 % Urenco Finance NV (MTN) 2014/2024 ..........  | EUR | 3 380 000 |  | 1 200 000 | % | 99.314 | 3 356 813.20 | 0.19 |
| 2.875 % Verizon Communications, Inc. 2017/2038........  | EUR | 1 070 000 |  | 200 000 | % | 90.79 | 971 453.00 | 0.06 |
| 0.875 % Verizon Communications, Inc. (MTN) 2019/2027 ..  | EUR | 7 876 000 |  | 900 000 | % | 92.097 | 7 253 559.72 | 0.41 |
| 0.375 % Verizon Communications, Inc. (MTN) 2021/2029 ..  | EUR | 6 790 000 |  | 800 000 | % | 84.942 | 5 767 561.80 | 0.33 |
| 0.75 % Vesteda Finance BV (MTN) 2021/2031 ..........  | EUR | 7 170 000 |  | 700 000 | % | 76.545 | 5 488 276.50 | 0.31 |
| 2.00 % Visa, Inc. (MTN) 2022/2029...................  | EUR | 8 690 000 | 8 690 000 |  | % | 96.453 | 8 381 765.70 | 0.48 |
| 2.375 % Visa, Inc. 2022/2034 ........................  | EUR | 6 860 000 | 6 860 000 |  | % | 94.014 | 6 449 360.40 | 0.37 |
| 1.00 % Viterra Finance BV (MTN) 2021/2028 ...........  | EUR | 8 330 000 |  | 1 100 000 | % | 80.709 | 6 723 059.70 | 0.38 |
| 3.10 % Vodafone Group PLC 2018/2079 * .............  3.00 % Volkswagen Financial Services AG (MTN) 2020/2025 ..........................  | EUR EUR | 4 000 000 5 139 000 | 4 700 000 | 700 000 700 000 | % % | 95.738 100.523 | 3 829 520.00 5 165 876.97 | 0.22 0.29 |
| 3.375 % Volkswagen Financial Services AG |  |  |  |  |  |  |  |  |
| (MTN) 2020/2028 ..........................  | EUR | 6 985 000 | 800 000 | % | 98.432 | 6 875 475.20 | 0.39 |
| 0.125 % Volkswagen Financial Services AG |  |  |  |  |  |  |  |  |
| (MTN) 2021/2027 ..........................  | EUR | 5 480 000 | 700 000 | % | 85.454 | 4 682 879.20 | 0.27 |
| 3.50 % Volkswagen International Finance NV 2020/ |  |  |  |  |  |  |  |  |
| perpetual * ...............................  | EUR | 5 000 000 | 4 700 000 | % | 90.839 | 4 541 950.00 | 0.26 |
| 3.748 % Volkswagen International Finance NV 2022/ perpetual * ** .............................  | EUR | 3 600 000 | 3 600 000 |  | % | 85.434 | 3 075 624.00 | 0.17 |
| 3.125 % Volkswagen International Finance NV 2022/2025..  | EUR | 8 600 000 | 8 600 000 |  | % | 101.123 | 8 696 578.00 | 0.49 |
| 0.375 % Volkswagen Leasing GmbH (MTN) 2021/2026 ....  | EUR | 8 897 000 |  | 1 000 000 | % | 89.138 | 7 930 607.86 | 0.45 |
| 1.80 % Vonovia Finance BV (MTN) 2019/2025 ** .......  | EUR | 2 800 000 |  | 400 000 | % | 95.762 | 2 681 336.00 | 0.15 |
| 0.625 % Vonovia Finance BV (MTN) 2019/2027 ..........  | EUR | 2 900 000 |  | 600 000 | % | 84.038 | 2 437 102.00 | 0.14 |
| 0.625 % Wells Fargo & Co. (MTN) 2020/2030 ...........  | EUR | 4 365 000 |  | 500 000 | % | 79.251 | 3 459 306.15 | 0.20 |
| 0.427 % Westpac Securities NZ/London (MTN) 2021/2026 . 2.125 % Wurth Finance International BV (MTN) 2022/2030 ..........................  | EUR EUR | 5 240 000 9 700 000 | 9 700 000 | 700 000 | % % | 90.366 93.909 | 4 735 178.40 9 109 173.00 | 0.27 0.52 |
| 1.164 % Zimmer Biomet Holdings, Inc. (MTN) 2019/2027 ..  | EUR | 5 819 000 |  | 700 000 | % | 87.71 | 5 103 844.90 | 0.29 |
| 2.02 % Zuercher Kantonalbank (MTN) 2022/2028 * ......  | EUR | 10 350 000 | 10 350 000 |  | % | 96.355 | 9 972 742.50 | 0.57 |
| 3.375 % Abertis Infraestructuras SA (MTN) 2019/2026 ....  | GBP | 4 300 000 | 4 300 000 |  | % | 94.44 | 4 741 673.67 | 0.27 |
| 2.00 % BNP Paribas SA (MTN) 2021/2031 *............  | GBP | 4 000 000 |  | 4 400 000 | % | 87.017 | 4 064 164.94 | 0.23 |
| 1.50 % CaixaBank SA (MTN) 2021/2026 * .............  | GBP | 5 300 000 |  | 300 000 | % | 90.023 | 5 571 043.87 | 0.32 |
| 1.985 % Lloyds Banking Group Plc (MTN) 2021/2031 * ** . 2.45 % AerCap Ireland Capital DAC Via AerCap Global Aviation Trust (MTN) 2021/2026 ...  | GBP USD | 3 530 000 7 620 000 |  | 2 600 000 | % % | 85.736 86.94 | 3 533 825.91 6 360 550.35 | 0.20 0.36 |
| 2.561 % Citigroup, Inc. 2021/2032 * ...................  | USD | 10 928 000 |  |  | % | 82.392 | 8 644 618.26 | 0.49 |
| 8.125 % Credit Agricole SA -Reg- 2016/perpetual * ** ....  2.45 % Daimler Finance North America LLC -Reg- (MTN) 2021/2031 ..........................  | USD USD | 4 507 000 7 979 000 |  | 5 100 000 | % % | 102.76 85.08 | 4 446 637.66 6 517 725.04 | 0.25 0.37 |
| 3.742 % Deutsche Bank AG/New York NY 2022/2033 * ...  8.75 % Deutsche Telekom International Finance BV 2000/2030 .............................  | USD USD | 4 000 000 10 000 000 | 17 200 000 | 13 200 000 | % % | 74.051 123.685 | 2 843 878.30 11 875 095.80 | 0.16 0.68 |
| 5.25 % Electricite de France SA -Reg- 2013/perpetual * ..  | USD | 4 750 000 | 4 750 000 |  | % | 94.262 | 4 298 830.77 | 0.24 |
| 2.95 % Expedia Group, Inc. (MTN) 2021/2031 ..........  | USD | 5 223 000 |  |  | % | 79.934 | 4 008 405.60 | 0.23 |
| 2.65 % HP, Inc. (MTN) 2022/2031....................  | USD | 8 563 000 | 8 563 000 |  | % | 80.119 | 6 586 907.32 | 0.37 |
| 7.875 % Societe Generale SA -Reg- 2013/perpetual * .....  | USD | 5 600 000 |  |  | % | 98.358 | 5 288 320.95 | 0.30 |
| 7.375 % Societe Generale SA -Reg- 2018/perpetual * .....  | USD | 5 300 000 |  |  | % | 96.668 | 4 919 021.17 | 0.28 |
| 5.625 % Transcanada Trust 2015/2075 * ...............  | USD | 2 747 000 |  |  | % | 94.466 | 2 491 462.04 | 0.14 |
| 11.50 % Transocean, Inc. -Reg- (MTN) 2020/2027 ........  | USD | 2 118 000 |  |  | % | 94.141 | 1 914 355.30 | 0.11 |
| 5.125 % UBS AG (MTN) 2014/2024 ...................  | USD | 3 566 000 |  |  | % | 99.992 | 3 423 471.23 | 0.19 |
| 2.55 % Verizon Communications, Inc. (MTN) 2021/2031 ..  | USD | 11 099 000 |  |  | % | 85.763 | 9 139 109.99 | 0.52 |
| Securities admitted to or included in organized markets |  |  |  |  |  |  | 14 653 896.59 | 0.83 |
| Interest-bearing securities 2.55 % BMW US Capital LLC -144A- (MTN) 2021/2031 ...  | USD | 7 663 000 |  |  | % | 86.412 | 6 357 596.64 | 0.36 |
| 3.20 % Mars, Inc. -144A- 2019/2030..................  2.691 % Stellantis Finance US, Inc. -144A- (MTN) 2021/2031 .................  | USD USD | 4 885 000 5 150 000 |  |  | % % | 92.67 79.885 | 4 346 341.23 3 949 958.72 | 0.25 0.22 |

Unlisted securities	0.85	0.00
| Interest-bearing securities 4.25 % Lehman Brothers Holdings, |  |
| --- | --- |
| Inc. (MTN) 2006/2016 * .....................  | EUR | 850 000 | % | 0.001 | 0.85 | 0.00 |
| Investment fund units |  |  |  |  |  |  | 98 140 748.82 | 5.59 |
| In-group fund units DWS Institutional − DWS Institutional ESG Euro Money Market Fund -IC- EUR - (0.090%) ......................  | Units | 3 166 | 50 511 | 54 359 | EUR | 13 682.98 | 43 320 314.68 | 2.47 |
| DWS Invest SICAV − Corporate Hybrid Bonds -FC- EUR - (0.600%) ....................................  | Units | 105 109 | 50 000 | 44 891 | EUR | 103.26 | 10 853 555.34 | 0.62 |
| DWS Invest SICAV − DWS Invest ESG Global Corporate Bonds -ID- EUR - (0.400%)...................  | Units | 51 048 |  | 69 181 | EUR | 83.98 | 4 287 006.00 | 0.24 |
| DWS Invest SICAV − DWS Invest ESG USD Corporate Bonds -XCH- EUR (hedged) - (0.200%) .........  | Units | 35 000 |  |  | EUR | 103.42 | 3 619 700.00 | 0.21 |
| DWS Invest SICAV − DWS Invest Financial Hybrid Bonds -FD- EUR - (0.600%) .....................  | Units | 100 000 |  |  | EUR | 88.91 | 8 891 000.00 | 0.51 |
| DWS Invest SICAV − DWS Invest Low Carbon Bonds -FC- EUR - (0.600%)...........................  | Units | 35 401 |  |  | EUR | 85.82 | 3 038 072.80 | 0.17 |
| DWS Invest SICAV − DWS Invest Macro Bonds I -FC- EUR - (0.600%)..........................  | Units | 210 000 |  |  | EUR | 96.08 | 20 176 800.00 | 1.15 |
| DWS Invest SICAV − Emerging Markets Corporates -FCH- EUR (hedged) - (0.600%) ..............  | Units | 30 000 |  | 20 000 | EUR | 131.81 | 3 954 300.00 | 0.22 |
| Total securities portfolio |  |  |  |  |  |  | 1 741 103 584.78 | 99.09 |
| Derivatives (Minus signs denote short positions) |  |  |  |  |  |  |  |  |
| Interest rate derivatives Receivables/payables |  |  |  |  |  |  | -93 845.41 | 0.00 |
| Interest rate futures Euro Buxl Futures 09/2022 (MS) .......................  | Count | -50 | 208 | 258 |  |  | -333 714.30 | -0.02 |
| Euro SCHATZ Futures 09/2022 (MS) ....................  | Count | 200 | 495 | 295 |  |  | -7 000.00 | 0.00 |
| Germany Federal Republic Notes 10 year 09/2022 (MS) ....  | Count | -50 | 250 | 300 |  |  | -253 456.65 | -0.01 |
| Germany Federal Republic Bonds 5 year 09/2022 (MS) .....  | Count | -100 | 200 | 300 |  |  | -288 990.00 | -0.02 |
| UK Treasury Notes 09/2022 (MS) ......................  | Count | -51 |  | 51 |  |  | 257 848.91 | 0.02 |
| US Treasury Notes 30 year Futures 09/2022 (MS) .........  | Count | -206 | 200 | 406 |  |  | 102 028.68 | 0.01 |
| US Treasury Notes 5 year Futures 09/2022 (MS) ..........  | Count | -367 |  | 367 |  |  | 429 437.95 | 0.02 |
| Currency derivatives Receivables/payables |  |  |  |  |  |  | -1 876 197.70 | -0.11 |
| Forward currency transactions |  |  |  |  |  |  |  |  |
| Forward currency transactions (long) |  |  |  |  |  |  |  |  |
| Open positions CHF/EUR 0.1 million ................................  |  |  |  |  |  |  | 981.54 | 0.00 |
| SEK/EUR 0.1 million ................................  |  |  |  |  |  |  | -43.49 | 0.00 |
| Closed positions GBP/EUR 0.1 million ................................  |  |  |  |  |  |  | -55.28 | 0.00 |
| USD/EUR 0.1 million ................................  |  |  |  |  |  |  | -16.98 | 0.00 |
| Forward currency transactions (short) |  |  |  |  |  |  |  |  |
| Open positions EUR/GBP 15.5 million ...............................  |  |  |  |  |  |  | -136 506.48 | -0.01 |
| EUR/USD 106.9 million ..............................  |  |  |  |  |  |  | -1 740 557.01 | -0.10 |
| Cash at bank |  |  |  |  |  |  | 1 407 342.98 | 0.08 |
| Demand deposits at Depositary EUR deposits......................................  | EUR |  |  |  |  |  | 1 404 811.00 | 0.08 |
| Deposits in other EU/EEA currencies |  |  |  |  |  |  |  |  |
| Swedish krona .....................................  | SEK | 19 778 |  |  |  |  | 1 846.55 | 0.00 |
| Deposits in non-EU/EEA currencies |  |  |  |  |  |  |  |  |
| Swiss franc .......................................  | CHF | 682 |  |  |  |  | 685.43 | 0.00 |
| Other assets |  |  |  |  |  |  | 36 035 383.39 | 2.05 |
| Prepaid placement fee *** ..........................  |  |  |  |  |  |  | 38 680.79 | 0.00 |
| Interest receivable .................................  |  |  |  |  |  |  | 9 952 199.50 | 0.57 |
| Other receivables ..................................  |  |  |  |  |  |  | 26 044 503.10 | 1.48 |

| Count/ Security name	units/ | Quantity/ principal | Purchases/ additions | Sales/ disposals | Currency | Market price | Total market value in | % of net assets |
| --- | --- | --- | --- | --- | --- | --- | --- |
|  | currency | amount | in the reporting period | EUR |  |
| Receivables from share certificate transactions |  |  |  | 4 922 548.23 | 0.28 |
| Total assets **** |  |  |  | 1 784 259 156.46 | 101.55 |
| Short-term liabilities |  |  |  | -9 657 493.98 | -0.55 |
| Loans in non-EU/EEA currencies |  |  |  |  |  |
| British pound .....................................  | GBP | -140 451 |  | -163 995.07 | -0.01 |
| U.S. dollar ........................................  | USD | -9 887 949 |  | -9 493 498.91 | -0.54 |
| Other liabilities |  |  |  | -1 692 471.87 | -0.10 |
| Liabilities from cost items ............................  |  |  |  | -1 692 471.87 | -0.10 |
| Liabilities from share certificate transactions |  |  |  | -13 036 177.92 | -0.74 |
| Total liabilities |  |  |  | -27 146 483.96 | -1.55 |
| Net assets |  |  |  | 1 757 112 672.50 | 100.00 |

Negligible rounding errors may have arisen due to the rounding of calculated percentages.
A list of the transactions completed during the reporting period that no longer appear in the investment portfolio is available free of charge from the Management Company upon request.
| Net asset value per share and number of shares outstanding | Count/ currency | Net asset value per share in the respective currency |
| --- | --- | --- |
| Net asset value per share Class CHF FCH ....................................  | CHF | 93.40 |
| Class FC .........................................  | EUR | 153.89 |
| Class FC10........................................  | EUR | 94.46 |
| Class IC ..........................................  | EUR | 105.25 |
| Class IC100 .......................................  | EUR | 96.97 |
| Class ID100 .......................................  | EUR | 90.38 |
| Class LC .........................................  | EUR | 146.78 |
| Class LD .........................................  | EUR | 110.07 |
| Class NC .........................................  | EUR | 138.41 |
| Class NDQ........................................  | EUR | 84.28 |
| Class PFC ........................................  | EUR | 96.42 |
| Class PFDQ .......................................  | EUR | 83.99 |
| Class TFC.........................................  | EUR | 92.75 |
| Class TFD.........................................  | EUR | 88.44 |
| Class GBP CH RD ..................................  | GBP | 106.10 |
| Class SEK LCH ....................................  | SEK | 988.99 |
| Class USD FCH ....................................  | USD | 106.44 |
| Number of shares outstanding Class CHF FCH ....................................  | Count | 570.000 |
| Class FC .........................................  | Count | 1 251 799.818 |
| Class FC10........................................  | Count | 101.000 |
| Class IC ..........................................  | Count | 1 704 136.000 |
| Class IC100 .......................................  | Count | 9 417 538.000 |
| Class ID100 .......................................  | Count | 77 475.000 |
| Class LC .........................................  | Count | 1 984 271.351 |
| Class LD .........................................  | Count | 1 148 637.014 |
| Class NC .........................................  | Count | 191 463.863 |
| Class NDQ........................................  | Count | 43 115.000 |
| Class PFC ........................................  | Count | 75 440.000 |
| Class PFDQ .......................................  | Count | 40 294.000 |
| Class TFC.........................................  | Count | 58 005.143 |
| Class TFD.........................................  | Count | 9 132.000 |
| Class GBP CH RD ..................................  | Count | 1 060.000 |
| Class SEK LCH ....................................  | Count | 115.000 |
| Class USD FCH ....................................  | Count | 115.000 |

Composition of the reference portfolio (according to CSSF circular 11/512) iBoxx EUR Corporates
Market risk exposure (value-at-risk) (according to CSSF circular 11/512)
| Lowest market risk exposure .........................  | % | 94.347 |
| --- | --- | --- |
| Highest market risk exposure .........................  | % | 118.293 |
| Average market risk exposure.........................  | % | 105.870 |

The values-at-risk were calculated for the period from January 1, 2022, through June 30, 2022, using historical simulation with a 99% confidence level, a 10-day holding period and an effective historical observation period of one year. The risk in a reference portfolio that does not contain derivatives is used as the measurement benchmark. Market risk is the risk to the fund’s assets arising from an unfavorable change in market prices. The Company determines the potential market risk by means of the relative value-at-risk approachas defined in CSSF circular 11/512.
In the reporting period, the average leverage effect from the use of derivatives was 0.3, whereby the total of the nominal amounts of the derivatives in relation to the fund’s assets was used for the calculation (sum-of-notional approach).
The gross exposure generated via derivatives pursuant to point 40 a) of the “Guidelines on ETFs and other UCITS issues” of the European Securities and Markets Authority (ESMA) totaled EUR 269 195 643.66. Does not include any forward currency transactions entered into for currency hedging purposes at the level of the share classes.
 Market abbreviations	 Futures exchanges
MS = Morgan Stanley Bank AG
Contracting parties for forward currency transactions
Deutsche Bank AG, HSBC France, Royal Bank of Canada (UK), State Street Bank International GmbH and UBS AG.

####  Securities lending	
The following securities were transferred under securities loans at the reporting date:
| Security name | Currency/ quantity/ principal amount | Quantity/ principal amount | Securities loans Total market value in EUR No fixed maturity | Total |
| --- | --- | --- | --- | --- |
| 1.125 % Abertis Infraestructuras SA (MTN) 2019/2028 ...  | EUR | 3 300 000 | 2 846 646.00 |  |
| 0.50  % Alstom SA (MTN) 2021/2030 ................  | EUR | 7 100 000 | 5 586 848.00 |  |
| 1.50  % America Movil SAB de CV (MTN) 2016/2024 ....  | EUR | 3 375 000 | 3 346 886.25 |  |
| 1.625 % American Medical Systems Europe BV |  |  |  |  |
| (MTN) 2022/2031 .........................  | EUR | 500 000 | 433 690.00 |  |
| 2.125 % Aroundtown SA 2018/perpetual *.............  | EUR | 3 200 000 | 2 283 904.00 |  |
| 1.00  % ASTM SpA (MTN) 2021/2026 ................  | EUR | 362 000 | 318 067.68 |  |
| 1.80  % AT&T, Inc. (MTN) 2018/2026 ................  | EUR | 1 400 000 | 1 363 978.00 |  |
| 1.625 % AusNet Services Holdings (MTN) 2021/2081 * ..  | EUR | 2 300 000 | 1 749 610.00 |  |
| 0.875 % Banco Bilbao Vizcaya Argentaria SA |  |  |  |  |
| (MTN) 2022/2029 * ........................  | EUR | 4 000 000 | 3 380 200.00 |  |
| 4.75  % Banco Santander SA 2018/perpetual * .........  | EUR | 800 000 | 695 216.00 |  |
| 0.75  % Bankia SA (MTN) 2019/2026 .................  | EUR | 2 000 000 | 1 822 740.00 |  |
| 1.75  % Banque Federative du Credit Mutuel SA |  |  |  |  |
| (MTN) 2019/2029 .........................  | EUR | 400 000 | 357 068.00 |  |
| 0.375 % Belfius Bank SA (MTN) 2020/2025 ............  | EUR | 3 400 000 | 3 149 454.00 |  |
| 0.50  % BNP Paribas SA (MTN) 2020/2028 *...........  | EUR | 500 000 | 427 840.00 |  |
| 2.125 % British Telecommunications PLC |  |  |  |  |
| (MTN) 2018/2028 .........................  | EUR | 440 000 | 416 380.80 |  |
| 1.125 % British Telecommunications PLC |  |  |  |  |
| (MTN) 2019/2029 .........................  | EUR | 1 000 000 | 872 590.00 |
| 6.375 % Caisse Nationale de Reassurance Mutuelle |  |  |  |  |
| Agricole Groupama 2014/perpetual * ..........  | EUR | 2 500 000 | 2 526 350.00 |
| 0.75  % CaixaBank SA (MTN) 2020/2026 * ............  | EUR | 1 000 000 | 938 020.00 |
| 0.125 % Coca-Cola Co. (MTN) 2020/2029..............  | EUR | 500 000 | 420 675.00 |
| 3.25  % Credit Suisse Group AG (MTN) 2020/2026 * ....  | EUR | 500 000 | 488 530.00 |
| 0.75  % Deutsche Bank AG (MTN) 2021/2027 * ........  | EUR | 1 900 000 | 1 682 070.00 |
| 1.25  % Deutsche Boerse AG 2020/2047 * ............  | EUR | 3 500 000 | 2 952 320.00 |
| 1.75  % DXC Technology Co. (MTN) 2018/2026 ........  | EUR | 4 588 000 | 4 324 327.64 |
| 2.00  % Electricite de France SA (MTN) 2019/2049 ......  | EUR | 1 000 000 | 628 140.00 |
| 0.875 % Elia Transmission Belgium SA (MTN) 2020/2030 . | EUR | 1 700 000 | 1 417 987.00 |
| 4.125 % Elis SA (MTN) 2022/2027 ...................  | EUR | 100 000 | 95 223.00 |
| 2.375 % ELO SACA (MTN) 2019/2025 ................  | EUR | 500 000 | 482 465.00 |
| 0.875 % Enel Finance International NV (MTN) 2022/2031 . | EUR | 900 000 | 715 815.00 |
| 1.50  % Eni SpA (MTN) 2017/2027...................  | EUR | 1 310 000 | 1 251 141.70 |
| 0.25  % Equinix, Inc. (MTN) 2021/2027 ...............  | EUR | 3 200 000 | 2 769 344.00 |

| Security name | Currency/ quantity/ principal amount | Quantity/ principal amount | Securities loans Total market value in EUR No fixed maturity | Total |
| --- | --- | --- | --- | --- |
| 1.56  % Experian Europe DAC (MTN) 2022/2031 .......  | EUR | 3 790 000 | 3 255 951.10 |  |
| 1.408 % Exxon Mobil Corp. 2020/2039................  | EUR | 4 268 000 | 3 001 855.12 |  |
| 3.00  % Fastighets AB Balder 2017/2078 * ............  | EUR | 2 400 000 | 1 822 272.00 |  |
| 4.35  % Fortune Star BVI Ltd 2019/2023 ..............  1.75  % GSK Consumer Healthcare Capital NL, BV (MTN) 2022/2030.......................  | EUR EUR | 2 700 000 500 000 | 2 124 009.00 456 755.00 |  |
| 1.375 % Hannover Rueck SE 2021/2042 * .............  3.875 % Harley-Davidson Financial Services, Inc. 2020/2023............................  | EUR EUR | 2 200 000 2 200 000 | 1 657 568.00 2 219 888.00 |  |
| 0.625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |
| (MTN) 2017/2023 .........................  | EUR | 500 000 | 495 835.00 |
| 1.625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |
| (MTN) 2017/2027 .........................  | EUR | 2 700 000 | 2 427 678.00 |
| 1.75  % International Flavors & Fragrances, |  |  |  |  |
| Inc. (MTN) 2016/2024 ......................      | EUR | 500 000 | 496 175.00 |
| 0.875 % ISS Global A/S (MTN) 2019/2026 .............  | EUR | 6 000 000 | 5 402 640.00 |
| 0.25  % KBC Group NV (MTN) 2021/2027 * ...........  1.625 % KKR Group Finance Co. V LLC -Reg- (MTN) 2019/2029 .........................  | EUR EUR | 1 200 000 500 000 | 1 076 760.00 423 260.00 |
| 2.125 % Koninklijke Philips NV (MTN) 2022/2029 ........  4.50 % Landesbank Hessen-Thueringen Girozentrale (MTN) 2022/2032 * ........................  | EUR EUR | 4 900 000 2 400 000 | 4 580 128.00 2 333 328.00 |
| 0.25  % LeasePlan Corp., NV (MTN) 2021/2026 ........  1.75  % Liberty Mutual Finance Europe DAC -Reg- (MTN) 2017/2024 .........................  | EUR EUR | 100 000 500 000 | 87 596.00 496 510.00 |
| 1.375 % Linde PLC (MTN) 2022/2031.................  | EUR | 2 000 000 | 1 759 240.00 |
| 3.25  % Logicor Financing Sarl (MTN) 2018/2028 .......  3.25 % Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 2018/2049 * ..................  | EUR EUR | 1 000 000 1 000 000 | 902 660.00 930 840.00 |
| 4.625 % Netflix, Inc. 2018/2029 .....................  | EUR | 1 500 000 | 1 418 280.00 |
| 0.50  % POSCO Holdings, Inc. -Reg- 2020/2024 ........  | EUR | 9 500 000 | 9 315 130.00 |
| 0.50  % Prologis Euro Finance LLC 2021/2032 .........  | EUR | 1 500 000 | 1 105 575.00 |
| 3.00  % Prologis LP 2014/2026 .....................  | EUR | 2 224 000 | 2 243 993.76 |
| 1.207 % Prosus NV -Reg- 2022/2026 .................  | EUR | 3 700 000 | 3 226 437.00 |
| 0.625 % RWE AG (MTN) 2021/2031 ..................  | EUR | 455 000 | 352 370.20 |
| 1.00  % RWE AG (MTN) 2021/2033 ..................  | EUR | 4 903 000 | 3 586 152.26 |
| 0.875 % Ryanair DAC (MTN) 2021/2026 ...............  1.125 % Samhallsbyggnadsbolaget i Norden AB (MTN) 2019/2026 .........................  | EUR EUR | 2 900 000 2 700 000 | 2 584 741.00 1 814 886.00 |
| 1.625 % SES SA (MTN) 2018/2026 ...................  0.375 % Skandinaviska Enskilda Banken AB (MTN) 2021/2028 .........................  | EUR EUR | 500 000 1 000 000 | 480 010.00 839 580.00 |
| 0.50  % Societe Generale SA (MTN) 2021/2029 * .......  6.50 % Stichting AK Rabobank Certificaten 2014/ perpetual ................................  | EUR EUR | 3 300 000 3 000 000 | 2 720 355.00 2 913 300.00 |
| 2.125 % Tele2 AB (MTN) 2018/2028..................  | EUR | 5 900 000 | 5 679 045.00 |
| 3.75  % Teleperformance (MTN) 2022/2029 ...........  | EUR | 200 000 | 203 066.00 |
| 0.875 % Terega SA (MTN) 2020/2030.................  0.80  % Thermo Fisher Scientific Finance I BV (MTN) 2021/2030 .........................  | EUR EUR | 2 400 000 1 500 000 | 1 806 120.00 1 269 045.00 |
| 3.25 % TotalEnergies SE 2022/perpetual * ............ 1.701 % Transurban Finance Co., Pty Ltd (MTN) 2019/2034 ...................  | EUR EUR | 680 000 500 000 | 476 918.00 397 500.00 |
| 1.875 % Transurban Finance Co., |  |  |  |  |
| Pty, Ltd (MTN) 2014/2024...................  | EUR | 500 000 | 497 935.00 |
| 3.748 % Volkswagen International Finance NV 2022/ perpetual * ..............................  | EUR | 500 000 | 427 170.00 |  |
| 1.80  % Vonovia Finance BV (MTN) 2019/2025 .........  | EUR | 1 200 000 | 1 149 144.00 |  |
| 1.985 % Lloyds Banking Group Plc (MTN) 2021/2031 * ...  | GBP | 500 000 | 500 541.92 |  |
| 8.125 % Credit Agricole SA -Reg- 2016/perpetual * ......  | USD | 3 300 000 | 3 255 803.03 |  |
| Total receivables from securities loans |  |  | 133 957 573.46 | 133 957 573.46 |

Contracting parties for securities loans
Barclays Bank Ireland PLC FI, BNP Paribas S.A., Citigroup Global Markets Europe AG, Credit Agricole CIB S.A. FI, Crédit Suisse Securities Sociedad de Valores S.A. FI, Deutsche Bank AG FI, Goldman Sachs Bank Europe SE EQ, J.P. Morgan AG EQ, J.P. Morgan AG FI, Morgan Stanley Europe SE FI, Unicredit Bank AG, Zuercher Kantonalbank
Total collateral pledged by third parties for securities loans	EUR	156 534 755.19
thereof:
Bonds	EUR	127 773 371.55
Equities	EUR	28 761 383.64
 Exchange rates (indirect quotes)	
As of June 30, 2022
| Swiss franc	CHF | 0.995461 | = EUR | 1 |
| --- | --- | --- | --- |
| British pound	GBP | 0.856432 | = EUR | 1 |
| Swedish krona	SEK | 10.710462 | = EUR | 1 |
| U.S. dollar	USD | 1.041549 | = EUR | 1 |

 Notes on valuation	
Under the responsibility of the Board of Directors of the SICAV, the Management Company determines the net asset values per share and performs the valuation of the assets of the fund. The basic provision of price data and price validation are performed in accordance with the method introduced by the Board of Directors of the SICAV on the basis of the legal and regulatory requirements or the principles for valuation methods defined in the SICAV’s prospectus.
If no trading prices are available, prices are determined with the aid of valuation models (derived market values) which are agreed between State Street Bank International GmbH, Luxembourg Branch, as external price service provider and the Management Company and which are based as far as possible on market parameters. This procedure is subject to an ongoing monitoring process. The plausibility of price information from third parties is checked through other pricing sources, model calculations or other suitable procedure.
Assets reported in this report are valued to a small extent at derived market values.
The management fee / all-in fee rates in effect as of the reporting date for the investment fund units held in the securities portfolio are shown in parentheses. A plus sign means that a performance-based fee may also be charged. As the investment fund held units of other investment funds (target funds) in the reporting period, further costs, charges and fees may have been incurred at the level of these individual target funds.
 Footnotes	
* Floating interest rate.
** Some or all of these securities are lent.
*** The prepaid placement fee is amortized over a period of three years (as specified in article 12 (d) of the general section of the fund‘s management regulations).
**** Does not include positions with a negative balance, if such exist.

Translation (ENDE, 2022-06-30):
# DWS Invest Euro Corporate Bonds
DWS INVEST EURO CORPORATE BONDS

### Wertentwicklung der Anteilklassen vs. Vergleichsindex (in EUR)
| Anteilklasse | ISIN | 6 Monate |
| --- | --- | --- |
| Klasse LC | LU0300357554 | -14,1% |
| Klasse FC | LU0300357802 | -14,0% |
| Klasse FC10 | LU1844096583 | -13,9% |
| Klasse IC | LU0982748476 | -13,9% |
| Klasse IC100 | LU1490674006 | -13,8% |
| Klasse ID100 | LU1633890295 | -13,8% |
| Klasse LD | LU0441433728 | -14,1% |
| Klasse NC | LU0300357638 | -14,3% |
| Klasse NDQ | LU1054330771 | -14,3% |
| Klasse PFC | LU1054330854 | -14,5% |
| Klasse PFDQ | LU1054330938 | -14,2% |
| Klasse TFC | LU1663872726 | -14,0% |
| Klasse TFD | LU1663874342 | -14,0% |
| Klasse CHF FCH 1) | LU0813333605 | -14,1% |
| Klasse GBP CH RD 2) | LU1322113371 | -13,6% |
| Klasse SEK LCH 3) | LU1322113611 | -14,0% |
| Klasse USD FCH 4) | LU0911036217 | -13,4% |
| iBoxx € Corporate |  | -12,4% |

1) 
in CHF
2) 
in GBP
3) 
in SEK
4) 
in USD
Wertentwicklung nach BVI-Methode, d. h. ohne Berücksichtigung des Ausgabeaufschlages.
Wertentwicklungen der Vergangenheit ermöglichen keine Prognose für die Zukunft.	Stand: 30.6.2022
DWS Invest Euro Corporate Bonds
| Vermögensübersicht zum 30.6.2022 |  |
| --- | --- |
|  | Bestand in EUR | %-Anteil am Fondsvermögen |
| I. Vermögensgegenstände |  |  |
| 1. Anleihen (Emittenten) Unternehmen | 1 637 398 971,36 | 93,18 |
| Zentralregierungen | 5 563 864,60 | 0,32 |
| Summe Anleihen | 1 642 962 835,96 | 93,50 |
| 2. Investmentanteile Rentenfonds | 54 820 434,14 | 3,12 |
| Sonstige Fonds | 43 320 314,68 | 2,47 |
| Summe Investmentanteile | 98 140 748,82 | 5,59 |
| 3. Derivate | -1 970 043,11 | -0,11 |
| 4. Bankguthaben | 1 407 342,98 | 0,08 |
| 5. Sonstige Vermögensgegenstände | 36 035 383,39 | 2,05 |
| 6. Forderungen aus Anteilscheingeschäften | 4 922 548,23 | 0,28 |
| II. Verbindlichkeiten |  |  |
| 1. Kurzfristige Verbindlichkeiten | -9 657 493,98 | -0,55 |
| 2. Sonstige Verbindlichkeiten | -1 692 471,87 | -0,10 |
| 3. Verbindlichkeiten aus Anteilscheingeschäften | -13 036 177,92 | -0,74 |
| III. Fondsvermögen | 1 757 112 672,50 | 100,00 |
| Durch Rundung der Prozentanteile bei der Berechnung können geringfügige Rundungsdifferenzen entstanden sein. |  |  |

| Vermögensaufstellung zum 30.6.2022 |  |
| --- | --- |
|  | Stück bzw. | Nominalbetrag | Käufe/ | Verkäufe/ | Währung | Kurs | Kurswert | %-Anteil am |
| Wertpapierbezeichnung | Anteile bzw. | bzw. | Zugänge | Abgänge |  |  | in | Fonds- |
| Währung	Bestand	im Berichtszeitraum	EUR	vermögen |
| Börsengehandelte Wertpapiere |  |  |  |  |  |  | 1 628 308 938,52 | 92,67 |
| Verzinsliche Wertpapiere 1,50  % A2A SpA (MTN) 2022/2028 .................  | EUR | 3 080 000 | 5 650 000 | 2 570 000 | % | 89,67 | 2 761 836,00 | 0,16 |
| 7,321 % Aareal Bank AG 2014/perpetual * ............  | EUR | 3 400 000 |  | 200 000 | % | 95,786 | 3 256 724,00 | 0,19 |
| 1,125 % Abertis Infraestructuras SA (MTN) 2019/2028 ** | EUR | 8 500 000 |  | 1 000 000 | % | 86,262 | 7 332 270,00 | 0,42 |
| 0,50  % ABN AMRO Bank NV (MTN) 2021/2029 .......  | EUR | 8 200 000 |  | 1 000 000 | % | 80,897 | 6 633 554,00 | 0,38 |
| 3,25  % ADLER Group SA (MTN) 2020/2025 ..........  | EUR | 4 700 000 |  | 300 000 | % | 54,952 | 2 582 744,00 | 0,15 |
| 1,875 % ADLER Group SA (MTN) 2021/2026 ..........  | EUR | 6 800 000 |  |  | % | 52,294 | 3 555 992,00 | 0,20 |
| 2,125 % Aeroports de Paris (MTN) 2020/2026 .........  | EUR | 3 600 000 |  | 700 000 | % | 98,763 | 3 555 468,00 | 0,20 |
| 0,88  % AIA GROUP LTD 2021/2033 * ...............  | EUR | 5 820 000 |  | 900 000 | % | 81,545 | 4 745 919,00 | 0,27 |
| 1,25  % AIB Group PLC (MTN) 2019/2024 ............  | EUR | 4 276 000 |  | 200 000 | % | 97,513 | 4 169 655,88 | 0,24 |
| 6,25 % AIB Group PLC 2020/perpetual * ............. 1,125 % Akelius Residential Property AB (MTN) 2017/2024 .........................  | EUR EUR | 3 770 000 5 539 000 |  | 300 000 | % % | 93,261 97,575 | 3 515 939,70 5 404 679,25 | 0,20 0,31 |
| 3,875 % Akelius Residential Property AB 2018/2078 * ...  | EUR | 1 537 000 |  | 2 128 000 | % | 93,821 | 1 442 028,77 | 0,08 |
| 2,60  % Allianz SE 2021/perpetual * .................  | EUR | 5 000 000 |  |  | % | 68,932 | 3 446 600,00 | 0,20 |
| 4,252 % Allianz SE (MTN) 2022/2052 * ...............  | EUR | 4 400 000 | 4 400 000 |  | % | 95,783 | 4 214 452,00 | 0,24 |
| 0,50  % Alstom SA (MTN) 2021/2030 ** .............  | EUR | 7 200 000 |  | 900 000 | % | 78,688 | 5 665 536,00 | 0,32 |
| 1,125 % Amcor UK Finance PLC (MTN) 2020/2027 .....  | EUR | 4 500 000 |  | 5 815 000 | % | 89,736 | 4 038 120,00 | 0,23 |
| 1,50 % America Movil SAB de CV (MTN) 2016/2024 ** . 1,875 % American International Group, Inc. (MTN) 2017/2027 .....................  | EUR EUR | 4 380 000 6 985 000 |  | 200 000 800 000 | % % | 99,167 94,63 | 4 343 514,60 6 609 905,50 | 0,25 0,38 |
| 1,625 % American Medical Systems Europe BV |  |  |  |  |  |  |  |  |  |
| (MTN) 2022/2031 ** ......................  | EUR | 8 140 000 | 9 340 000 | 1 200 000 | % | 86,738 | 7 060 473,20 | 0,40 |
| 0,875 % American Tower Corp. (MTN) 2021/2029 ......  | EUR | 8 215 000 |  | 1 000 000 | % | 81,439 | 6 690 213,85 | 0,38 |
| 0,95  % American Tower Corp. (MTN) 2021/2030 ......  | EUR | 7 220 000 |  | 1 000 000 | % | 78,269 | 5 651 021,80 | 0,32 |
| 0,625 % Amprion GmbH (MTN) 2021/2033 ............  | EUR | 9 700 000 |  | 1 300 000 | % | 70,01 | 6 790 970,00 | 0,39 |
| 0,20  % ANZ New Zealand Int‘l Ltd (MTN) 2021/2027 ...  | EUR | 8 860 000 |  | 1 000 000 | % | 86,304 | 7 646 534,40 | 0,44 |
| 2,125 % Aroundtown SA 2018/perpetual * ** .........  | EUR | 3 300 000 |  | 600 000 | % | 71,372 | 2 355 276,00 | 0,13 |
| 0,375 % Aroundtown SA (MTN) 2021/2027 ...........  0,75  % Ascendas Real Estate Investment Trust (MTN) 2021/2028 .........................  | EUR EUR | 6 300 000 9 466 000 |  | 900 000 800 000 | % % | 78,089 80,369 | 4 919 607,00 7 607 729,54 | 0,28 0,43 |
| 1,00  % ASTM SpA (MTN) 2021/2026 ** .............  | EUR | 5 860 000 |  |  | % | 87,864 | 5 148 830,40 | 0,29 |
| 1,50  % ASTM SpA (MTN) 2021/2030 ...............  | EUR | 8 230 000 |  | 500 000 | % | 77,2 | 6 353 560,00 | 0,36 |
| 3,375 % AT&T, Inc. 2014/2034 .....................  | EUR | 4 268 000 |  | 500 000 | % | 96,387 | 4 113 797,16 | 0,23 |
| 3,15  % AT&T, Inc. 2017/2036 .....................  | EUR | 8 634 000 |  | 1 000 000 | % | 92,025 | 7 945 438,50 | 0,45 |
| 1,80  % AT&T, Inc. (MTN) 2018/2026 ** .............  | EUR | 4 380 000 |  | 200 000 | % | 97,427 | 4 267 302,60 | 0,24 |
| 2,875 % AT&T, Inc. 2020/perpetual * ................  | EUR | 4 100 000 | 4 800 000 | 700 000 | % | 87,672 | 3 594 552,00 | 0,20 |
| 3,75 % ATF Netherlands BV 2016/perpetual * ........ 1,625 % AusNet Services Holdings (MTN) 2021/2081 * ** .....................  | EUR EUR | 1 900 000 2 999 000 |  | 400 000 400 000 | % % | 88,008 76,07 | 1 672 152,00 2 281 339,30 | 0,10 0,13 |
| 0,625 % AusNet Services Holdings Pty Ltd |  |  |  |  |  |  |  |  |  |
| (MTN) 2020/2030 .........................  | EUR | 2 010 000 | 2 010 000 | 7 800 000 | % | 77,101 | 1 549 730,10 | 0,09 |
| 1,25 % Avery Dennison Corp. (MTN) 2017/2025 ....... 0,875 % Banco Bilbao Vizcaya Argentaria SA (MTN) 2022/2029 * ** .....................  | EUR EUR | 2 660 000 10 800 000 | 2 960 000 11 700 000 | 300 000 900 000 | % % | 96,186 84,505 | 2 558 547,60 9 126 540,00 | 0,15 0,52 |
| 2,00  % Banco de Sabadell SA (MTN) 2020/2030 * .....  | EUR | 4 100 000 |  | 900 000 | % | 87,545 | 3 589 345,00 | 0,20 |
| 1,125 % Banco Santander SA (MTN) 2018/2025 ........  | EUR | 4 100 000 |  | 500 000 | % | 96,307 | 3 948 587,00 | 0,22 |
| 4,75  % Banco Santander SA 2018/perpetual * ** ......  | EUR | 4 600 000 |  | 200 000 | % | 86,902 | 3 997 492,00 | 0,23 |
| 0,625 % Banco Santander SA (MTN) 2021/2029 * ......  | EUR | 5 700 000 |  | 700 000 | % | 83,949 | 4 785 093,00 | 0,27 |
| 0,694 % Bank of America Corp. (MTN) 2021/2031 * .....  | EUR | 8 965 000 |  | 1 000 000 | % | 81,147 | 7 274 828,55 | 0,41 |
| 1,949 % Bank of America Corp. (MTN) 2022/2026 * .....  | EUR | 10 480 000 | 10 480 000 |  | % | 96,857 | 10 150 613,60 | 0,58 |
| 1,375 % Bank of Ireland Group PLC (MTN) 2018/2023 ...  | EUR | 5 838 000 |  | 300 000 | % | 99,244 | 5 793 864,72 | 0,33 |
| 0,375 % Bank of Ireland Group PLC (MTN) 2021/2027 * . | EUR | 4 986 000 |  | 600 000 | % | 87,628 | 4 369 132,08 | 0,25 |
| 1,875 % Bank of Ireland Group PLC (MTN) 2022/2026 * . | EUR | 8 800 000 | 8 800 000 |  | % | 95,189 | 8 376 632,00 | 0,48 |
| 0,75  % Bankia SA (MTN) 2019/2026 ** ..............  1,75  % Banque Federative du Credit Mutuel SA (MTN) 2019/2029 ** ......................  | EUR EUR | 6 200 000 2 500 000 |  | 700 000 300 000 | % % | 91,137 89,267 | 5 650 494,00 2 231 675,00 | 0,32 0,13 |
| 1,375 % Barclays PLC (MTN) 2018/2026 * ............  | EUR | 5 928 000 |  | 300 000 | % | 95,214 | 5 644 285,92 | 0,32 |
| 3,375 % Barclays PLC (MTN) 2020/2025 * ............  | EUR | 5 276 000 |  | 300 000 | % | 100,836 | 5 320 107,36 | 0,30 |
| 1,125 % Bayer AG (MTN) 2020/2030 .................  | EUR | 7 000 000 |  | 800 000 | % | 83,57 | 5 849 900,00 | 0,33 |
| 1,50  % Bayer Capital Corp., BV (MTN) 2018/2026 .....  | EUR | 6 900 000 |  | 800 000 | % | 95,268 | 6 573 492,00 | 0,37 |
| 0,375 % Belfius Bank SA (MTN) 2020/2025 ** .........  0,50 % Blackstone Property Partners Europe Holdings Sarl (MTN) 2019/2023 .....................  | EUR EUR | 7 900 000 9 644 000 |  | 400 000 700 000 | % % | 92,631 97,283 | 7 317 849,00 9 381 972,52 | 0,42 0,53 |
| 2,50  % BNP Paribas (MTN) 2022/2032 * .............  | EUR | 4 900 000 | 4 900 000 |  | % | 91,054 | 4 461 646,00 | 0,25 |
| 2,125 % BNP Paribas SA (MTN) 2019/2027 * ..........  | EUR | 2 800 000 |  | 300 000 | % | 96,148 | 2 692 144,00 | 0,15 |
| 1,125 % BNP Paribas SA (MTN) 2019/2024 ...........  | EUR | 4 500 000 |  | 200 000 | % | 97,407 | 4 383 315,00 | 0,25 |
| 0,50  % BNP Paribas SA (MTN) 2020/2028 * ** .......  | EUR | 9 700 000 |  | 600 000 | % | 85,568 | 8 300 096,00 | 0,47 |
| 2,10  % BNP Paribas SA (MTN) 2022/2032 ...........  | EUR | 6 600 000 | 6 600 000 |  | % | 85,523 | 5 644 518,00 | 0,32 |
| 0,50  % Booking Holdings, Inc. (MTN) 2021/2028 ......  | EUR | 6 311 000 |  | 500 000 | % | 87,762 | 5 538 659,82 | 0,32 |
| 0,625 % Boston Scientific Corp. (MTN) 2019/2027 ......  | EUR | 5 041 000 |  | 700 000 | % | 88,207 | 4 446 514,87 | 0,25 |
| 3,25  % Bouygues SA 2022/2037 ...................  | EUR | 11 900 000 | 11 900 000 |  | % | 91,599 | 10 900 281,00 | 0,62 |
| 0,50  % BPCE SA (MTN) 2019/2027 .................  | EUR | 5 000 000 |  | 700 000 | % | 88,117 | 4 405 850,00 | 0,25 |
| 0,25  % BPCE SA (MTN) 2021/2031 .................  | EUR | 6 200 000 |  | 400 000 | % | 77,167 | 4 784 354,00 | 0,27 |
| 1,50  % BPCE SA 2021/2042 * .....................  | EUR | 3 800 000 |  | 6 400 000 | % | 85,895 | 3 264 010,00 | 0,19 |
| 2,125 % British Telecommunications PLC |  |  |  |  |  |  |  |  |  |
| (MTN) 2018/2028 ** ......................  | EUR | 940 000 | 940 000 | % | 94,632 | 889 540,80 | 0,05 |

| 0,50 % British Telecommunications PLC (MTN) 2019/2025 .........................  | EUR | 4 573 000 | % | 94,028 | 4 299 900,44 | 0,24 |
| --- | --- | --- | --- | --- | --- | --- |
| 1,125 % British Telecommunications PLC |  |  |  |  |  |  |
| (MTN) 2019/2029 ** ......................  6,375 % Caisse Nationale de Reassurance Mutuelle | EUR | 2 330 000 | 2 330 000 | % | 87,259 | 2 033 134,70 | 0,12 |
| Agricole Groupama 2014/perpetual * ** .......  | EUR | 5 500 000 |  | 900 000 | % | 101,054 | 5 557 970,00 | 0,32 |
| 0,375 % CaixaBank SA (MTN) 2020/2025 .............  | EUR | 4 500 000 | 5 000 000 | 500 000 | % | 94,719 | 4 262 355,00 | 0,24 |
| 0,75  % CaixaBank SA (MTN) 2020/2026 * ** .........  | EUR | 3 000 000 |  | 3 600 000 | % | 93,802 | 2 814 060,00 | 0,16 |
| 0,80  % Capital One Financial Corp. (MTN) 2019/2024 ...  | EUR | 9 439 000 |  |  | % | 96,383 | 9 097 591,37 | 0,52 |
| 5,875 % Centurion Bidco SpA -Reg- (MTN) 2020/2026 ...  | EUR | 3 500 000 |  | 4 421 000 | % | 88,477 | 3 096 695,00 | 0,18 |
| 2,375 % CEZ AS (MTN) 2022/2027 ..................  | EUR | 8 920 000 | 8 920 000 |  | % | 94,128 | 8 396 217,60 | 0,48 |
| 0,875 % Chorus Ltd (MTN) 2019/2026 ...............  | EUR | 11 000 000 | 2 316 000 | 400 000 | % | 91,652 | 10 081 720,00 | 0,57 |
| 1,25  % Citigroup, Inc. (MTN) 2020/2026 * ............  | EUR | 5 036 000 |  | 200 000 | % | 95,274 | 4 797 998,64 | 0,27 |
| 1,125 % CNAC HK Finbridge Co., Ltd 2020/2024 .......  | EUR | 3 965 000 |  | 900 000 | % | 94,47 | 3 745 735,50 | 0,21 |
| 0,125 % Coca-Cola Co. (MTN) 2020/2029 ** ..........  | EUR | 5 500 000 | 5 500 000 |  | % | 84,135 | 4 627 425,00 | 0,26 |
| 1,00  % Cofinimmo SA (MTN) 2022/2028 .............  | EUR | 11 700 000 | 13 200 000 | 1 500 000 | % | 84,341 | 9 867 897,00 | 0,56 |
| 2,25  % Coloplast Finance BV (MTN) 2022/2027 .......  | EUR | 4 288 000 | 4 288 000 |  | % | 97,358 | 4 174 711,04 | 0,24 |
| 2,75  % Coloplast Finance BV (MTN) 2022/2030 .......  | EUR | 4 087 000 | 4 087 000 |  | % | 97,034 | 3 965 779,58 | 0,23 |
| 1,375 % Commerzbank AG (MTN) 2021/2031 * ........  | EUR | 5 000 000 |  | 6 100 000 | % | 82,01 | 4 100 500,00 | 0,23 |
| 3,00  % Commerzbank AG (MTN) 2022/2027 * ........  | EUR | 6 100 000 | 6 100 000 |  | % | 97,679 | 5 958 419,00 | 0,34 |
| 2,125 % Conti-Gummi Finance BV (MTN) 2020/2023 ....  | EUR | 6 365 000 |  | 300 000 | % | 100,239 | 6 380 212,35 | 0,36 |
| 1,625 % Credit Agricole SA (MTN) 2020/2030 * ........  | EUR | 4 800 000 |  | 900 000 | % | 93,385 | 4 482 480,00 | 0,26 |
| 1,875 % Credit Agricole SA (MTN) 2022/2027 * ........  | EUR | 3 900 000 | 8 400 000 | 4 500 000 | % | 95,558 | 3 726 762,00 | 0,21 |
| 1,25  % Credit Mutuel Arkea SA (MTN) 2020/2029 * ....  | EUR | 4 300 000 |  | 700 000 | % | 88,302 | 3 796 986,00 | 0,22 |
| 2,125 % Credit Suisse AG/London (MTN) 2022/2024 ....  | EUR | 7 000 000 | 11 560 000 | 4 560 000 | % | 99,275 | 6 949 250,00 | 0,40 |
| 3,25  % Credit Suisse Group AG (MTN) 2020/2026 * ** . | EUR | 2 090 000 |  | 500 000 | % | 97,706 | 2 042 055,40 | 0,12 |
| 2,125 % Credit Suisse Group AG 2022/2026 * .........  | EUR | 8 350 000 | 8 350 000 |  | % | 93,312 | 7 791 552,00 | 0,44 |
| 2,875 % Credit Suisse Group AG (MTN) 2022/2032 * .... 1,00 % Czech Gas Networks Investments Sarl (MTN) 2020/2027 .........................  | EUR EUR | 3 830 000 6 401 000 | 3 830 000 | 400 000 | % % | 84,195 79,691 | 3 224 668,50 5 101 020,91 | 0,18 0,29 |
| 0,875 % Czech Gas Networks Investments Sarl |  |  |  |  |  |  |  |  |
|  | (MTN) 2021/2031 .........................  | EUR | 5 331 000 |  | 700 000 | % | 63,239 | 3 371 271,09 | 0,19 |
| 0,375 | % Danfoss Finance I BV (MTN) 2021/2028 .......  | EUR | 5 742 000 |  | 700 000 | % | 85,425 | 4 905 103,50 | 0,28 |
| 1,625 | % Danske Bank A/S (MTN) 2019/2024 ..........  | EUR | 4 364 000 |  | 200 000 | % | 99,236 | 4 330 659,04 | 0,25 |
| 1,00 | % Deutsche Bank AG (MTN) 2020/2025 * .......  | EUR | 5 200 000 |  | 700 000 | % | 94,419 | 4 909 788,00 | 0,28 |
| 1,75 | % Deutsche Bank AG (MTN) 2020/2030 * .......  | EUR | 2 600 000 |  | 3 900 000 | % | 82,563 | 2 146 638,00 | 0,12 |
| 0,75 | % Deutsche Bank AG (MTN) 2021/2027 * ** .....  | EUR | 6 400 000 |  | 800 000 | % | 88,53 | 5 665 920,00 | 0,32 |
| 3,25 | % Deutsche Bank AG (MTN) 2022/2028 * .......  | EUR | 3 400 000 | 3 400 000 |  | % | 95,63 | 3 251 420,00 | 0,19 |
| 1,25 | % Deutsche Boerse AG 2020/2047 * ** .........  | EUR | 3 500 000 |  | 700 000 | % | 84,352 | 2 952 320,00 | 0,17 |
| 0,25 | % Deutsche Pfandbriefbank AG (MTN) 2021/2025 . | EUR | 6 200 000 |  | 500 000 | % | 90,519 | 5 612 178,00 | 0,32 |
| 0,75 | % DH Europe Finance II Sarl 2019/2031 .........  | EUR | 4 073 000 |  | 500 000 | % | 80,897 | 3 294 934,81 | 0,19 |
| 1,50 | % Diageo Capital BV (MTN) 2022/2029 ..........  | EUR | 6 020 000 | 6 020 000 |  | % | 92,423 | 5 563 864,60 | 0,32 |
| 1,875 | % Diageo Capital BV 2022/2034 ...............  | EUR | 6 380 000 | 6 380 000 |  | % | 87,644 | 5 591 687,20 | 0,32 |
| 1,00 | % Digital Dutch Finco BV 2020/2032 ............  | EUR | 3 962 000 |  | 1 000 000 | % | 71,3 | 2 824 906,00 | 0,16 |
| 2,50 | % Digital Euro Finco LLC (MTN) 2019/2026 ......  | EUR | 5 041 000 |  | 700 000 | % | 96,343 | 4 856 650,63 | 0,28 |
| 0,45 | % DXC Capital Funding DAC -Reg- (MTN) 2021/2027 .........................  | EUR | 10 760 000 |  | 1 000 000 | % | 83,94 | 9 031 944,00 | 0,51 |
| 1,75 | % DXC Technology Co. (MTN) 2018/2026 ** .....  | EUR | 4 588 000 |  | 700 000 | % | 94,253 | 4 324 327,64 | 0,25 |
| 1,625 | % E.ON SE (MTN) 2022/2031 .................  | EUR | 4 290 000 | 4 290 000 |  | % | 87,61 | 3 758 469,00 | 0,21 |
| 1,875 | % EDP Finance BV (MTN) 2022/2029 ...........  | EUR | 5 800 000 | 6 100 000 | 300 000 | % | 91,029 | 5 279 682,00 | 0,30 |
| 2,00 | % Electricite de France SA (MTN) 2019/2049 ** ..  | EUR | 7 900 000 |  | 900 000 | % | 62,814 | 4 962 306,00 | 0,28 |
| 0,375 | % Elenia Verkko Oyj (MTN) 2020/2027 ..........  | EUR | 913 000 |  | 500 000 | % | 89,02 | 812 752,60 | 0,05 |
| 1,375 | % Eli Lilly & Co. 2021/2061 ...................  | EUR | 9 900 000 |  | 1 000 000 | % | 55,688 | 5 513 112,00 | 0,31 |
| 0,875 | % Elia Transmission Belgium SA (MTN) 2020/2030 ** ......................  | EUR | 4 600 000 |  | 500 000 | % | 83,411 | 3 836 906,00 | 0,22 |
| 4,125 | % Elis SA (MTN) 2022/2027 ** ................  | EUR | 3 100 000 | 3 100 000 |  | % | 95,223 | 2 951 913,00 | 0,17 |
| 3,75 | % ELM BV for Firmenich International SA 2020/ perpetual * ..............................  | EUR | 4 537 000 |  | 1 000 000 | % | 92,234 | 4 184 656,58 | 0,24 |
| 4,50 | % ELM BV for Swiss Life Insurance & |  |  |  |  |  |  |  |  |
| Pension Group (MTN) 2016/perpetual * .......  | EUR | 2 796 000 |  | 1 000 000 | % | 96,745 | 2 704 990,20 | 0,15 |
| 2,375 % ELO SACA (MTN) 2019/2025 ** .............  | EUR | 6 100 000 |  | 400 000 | % | 96,493 | 5 886 073,00 | 0,33 |
| 0,875 % Enel Finance International NV (MTN) 2021/2036 . 0,875 % Enel Finance International NV (MTN) 2022/2031 ** .......................  | EUR EUR | 5 800 000 6 470 000 | 7 170 000 | 700 000 700 000 | % % | 65,506 79,535 | 3 799 348,00 5 145 914,50 | 0,22 0,29 |
| 2,125 % Engie SA (MTN) 2020/2032 .................  | EUR | 2 200 000 |  | 500 000 | % | 90,517 | 1 991 374,00 | 0,11 |
| 1,00  % Engie SA (MTN) 2021/2036 .................  | EUR | 4 300 000 |  | 6 200 000 | % | 67,75 | 2 913 250,00 | 0,17 |
| 1,50  % Eni SpA (MTN) 2017/2027 ** ...............  | EUR | 1 800 000 |  | 400 000 | % | 95,507 | 1 719 126,00 | 0,10 |
| 2,625 % Eni SpA 2020/perpetual * ..................  | EUR | 5 471 000 |  | 300 000 | % | 89,379 | 4 889 925,09 | 0,28 |
| 2,00  % Eni SpA 2021/perpetual * ..................  | EUR | 4 839 000 |  | 1 000 000 | % | 81,254 | 3 931 881,06 | 0,22 |
| 0,375 % Eni SpA (MTN) 2021/2028 ..................  | EUR | 4 000 000 |  | 5 731 000 | % | 86,759 | 3 470 360,00 | 0,20 |
| 1,659 % EP Infrastructure AS (MTN) 2018/2024 ........  | EUR | 4 179 000 |  | 200 000 | % | 85,136 | 3 557 833,44 | 0,20 |
| 1,698 % EP Infrastructure AS (MTN) 2019/2026 ........  | EUR | 5 314 000 |  |  | % | 70,237 | 3 732 394,18 | 0,21 |
| 2,045 % EP Infrastructure AS (MTN) 2019/2028 ........  | EUR | 6 211 000 |  | 600 000 | % | 67,292 | 4 179 506,12 | 0,24 |
| 0,875 % EQT AB (MTN) 2021/2031 ..................  | EUR | 7 657 000 |  | 1 100 000 | % | 73,179 | 5 603 316,03 | 0,32 |
| 0,25  % Equinix, Inc. (MTN) 2021/2027 ** ............  | EUR | 6 472 000 |  | 700 000 | % | 86,542 | 5 600 998,24 | 0,32 |
| 0,875 % Erste Group Bank AG (MTN) 2021/2032 * .....  | EUR | 5 800 000 |  | 700 000 | % | 82,125 | 4 763 250,00 | 0,27 |
| 1,50  % Erste Group Bank AG (MTN) 2022/2026 .......  | EUR | 7 900 000 | 7 900 000 |  | % | 95,533 | 7 547 107,00 | 0,43 |
| 4,00  % Erste Group Bank AG (MTN) 2022/2033 * .....  | EUR | 4 300 000 | 4 300 000 |  | % | 95,281 | 4 097 083,00 | 0,23 |
| 0,875 % Eurofins Scientific SE (MTN) 2021/2031 .......  | EUR | 9 000 000 |  | 6 477 000 | % | 75,225 | 6 770 250,00 | 0,39 |
| 1,56  % Experian Europe DAC (MTN) 2022/2031 ** ....  | EUR | 3 790 000 | 4 290 000 | 500 000 | % | 85,909 | 3 255 951,10 | 0,19 |
| 1,375 % Experian Finance PLC (MTN) 2017/2026 .......  | EUR | 4 524 000 |  | 500 000 | % | 96,002 | 4 343 130,48 | 0,25 |
| 1,408 % Exxon Mobil Corp. 2020/2039 ** ............  | EUR | 4 268 000 |  | 500 000 | % | 70,334 | 3 001 855,12 | 0,17 |
| 1,875 % Fastighets AB Balder (MTN) 2017/2026 .......  | EUR | 4 365 000 |  | 500 000 | % | 80,292 | 3 504 745,80 | 0,20 |

| Wertpapierbezeichnung | Stück bzw. Anteile bzw. | Nominalbetrag bzw. | Käufe/ Zugänge | Verkäufe/ Abgänge | Währung | Kurs | Kurswert in | %-Anteil am Fonds- |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Währung	Bestand	im Berichtszeitraum	EUR	vermögen |
| 3,00 % Fastighets AB Balder 2017/2078 * ** .........  | EUR | 2 473 000 |  | 2 100 000 | % | 75,928 | 1 877 699,44 | 0,11 |
| 0,00  % FCA Bank SpA/Ireland (MTN) 2021/2024 .......  | EUR | 7 171 000 |  | 400 000 | % | 96,525 | 6 921 807,75 | 0,39 |
| 2,124 % Ferrovial Netherlands BV 2017/perpetual * .....  | EUR | 3 443 000 |  | 600 000 | % | 83,54 | 2 876 282,20 | 0,16 |
| 0,50 % Fomento Economico Mexicano SAB de CV |  |  |  |  |  |  |  |  |
| (MTN) 2021/2028 .........................  | EUR | 5 600 000 |  | 6 885 000 | % | 84,825 | 4 750 200,00 | 0,27 |
| 4,35  % Fortune Star BVI Ltd 2019/2023 ** ...........  | EUR | 3 403 000 |  | 400 000 | % | 78,667 | 2 677 038,01 | 0,15 |
| 1,875 % Fresenius SE & Co., KGaA (MTN) 2022/2025 ...  | EUR | 4 550 000 | 4 550 000 |  | % | 97,35 | 4 429 425,00 | 0,25 |
| 0,125 % General Mills, Inc. 2021/2025 ...............  | EUR | 8 800 000 |  | 600 000 | % | 92,636 | 8 151 968,00 | 0,46 |
| 2,20  % General Motors Financial Co, |  |  |  |  |  |  |  |  |
| Inc. (MTN) 2019/2024 .....................  | EUR | 5 018 000 |  | 500 000 | % | 99,106 | 4 973 139,08 | 0,28 |
| 1,50  % Glencore Finance Europe Ltd (MTN) 2019/2026 . | EUR | 4 800 000 |  | 200 000 | % | 88,828 | 4 263 744,00 | 0,24 |
| 1,50  % Global Switch Holdings Ltd (MTN) 2017/2024 . . . | EUR | 13 261 000 |  |  | % | 97,616 | 12 944 857,76 | 0,74 |
| 1,375 % Goldman Sachs Group, Inc. (MTN) 2017/2024 ..  | EUR | 5 197 000 |  | 300 000 | % | 99,376 | 5 164 570,72 | 0,29 |
| 0,125 % Goldman Sachs Group, Inc. (MTN) 2019/2024 ..  | EUR | 5 539 000 |  | 300 000 | % | 95,367 | 5 282 378,13 | 0,30 |
| 0,25  % Goldman Sachs Group, Inc. (MTN) 2021/2028 ..  | EUR | 7 468 000 |  | 900 000 | % | 83,788 | 6 257 287,84 | 0,36 |
| 1,25  % GSK Consumer Healthcare Capital NL, |  |  |  |  |  |  |  |  |
| BV (MTN) 2022/2026 ......................  | EUR | 3 000 000 | 6 680 000 | 3 680 000 | % | 95,957 | 2 878 710,00 | 0,16 |
| 1,75  % GSK Consumer Healthcare Capital NL, |  |  |  |  |  |  |  |  |  |
| BV (MTN) 2022/2030 ** ...................  | EUR | 5 460 000 | 5 460 000 | % | 91,351 | 4 987 764,60 | 0,28 |
| 0,50 % Hamburg Commercial Bank AG |  |  |  |  |  |  |  |  |  |
| (MTN) 2021/2026 * .......................  | EUR | 5 600 000 | 300 000 | % | 90,082 | 5 044 592,00 | 0,29 |
| 1,375 % Hannover Rueck SE 2021/2042 * ** ..........  | EUR | 7 600 000 |  | % | 75,344 | 5 726 144,00 | 0,33 |
| 3,875 % Harley-Davidson Financial Services, |  |  |  |  |  |  |  |
| Inc. 2020/2023 ** ........................  | EUR | 5 441 000 | 300 000 | % | 100,904 | 5 490 186,64 | 0,31 |
| 1,875 % Heathrow Funding Ltd (MTN) 2019/2034 ......  | EUR | 3 219 000 | 500 000 | % | 80,024 | 2 575 972,56 | 0,15 |
| 3,248 % Heimstaden Bostad AB 2019/perpetual * ......  | EUR | 3 500 000 | 500 000 | % | 60,779 | 2 127 265,00 | 0,12 |
| 0,25 % Heimstaden Bostad Treasury BV |  |  |  |  |  |  |  |
| (MTN) 2021/2024 .........................  | EUR | 9 580 000 | 500 000 | % | 91,131 | 8 730 349,80 | 0,50 |
| 0,318 % Highland Holdings Sarl (MTN) 2021/2026 ......  | EUR | 3 460 000 | 5 600 000 | % | 89,385 | 3 092 721,00 | 0,18 |
| 0,625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |  |  |  |
| (MTN) 2017/2023 ** ......................  | EUR | 3 900 000 | 200 000 | % | 99,167 | 3 867 513,00 | 0,22 |
| 1,625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |  |  |  |  |  |
| (MTN) 2017/2027 ** ......................  | EUR | 2 700 000 | 300 000 | % | 89,914 | 2 427 678,00 | 0,14 |
| 0,625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |  |  |  |  |  |
| (MTN) 2021/2028 .........................  | EUR | 4 800 000 | 500 000 | % | 82,887 | 3 978 576,00 | 0,23 |
| 0,625 % HOWOGE Wohnungs-baugesellschaft mbH |  |  |  |  |  |  |  |  |  |
| (MTN) 2021/2028 .........................  | EUR | 6 700 000 | 800 000 | % | 84,301 | 5 648 167,00 | 0,32 |
| 1,125 % HOWOGE Wohnungs-baugesellschaft mbH |  |  |  |  |  |  |  |  |  |
|  | (MTN) 2021/2033 .........................  | EUR | 900 000 |  | 7 600 000 | % | 75,759 | 681 831,00 | 0,04 |
| 0,10 | % ING Groep NV (MTN) 2019/2025 * ...........  | EUR | 3 200 000 |  | 200 000 | % | 94,334 | 3 018 688,00 | 0,17 |
| 0,125 | % ING Groep NV 2021/2025 * .................  | EUR | 10 100 000 |  | 500 000 | % | 93,629 | 9 456 529,00 | 0,54 |
| 1,25 | % International Business Machines Corp. |  |  |  |  |  |  |  |  |
|  | (MTN) 2022/2034 .........................  | EUR | 9 690 000 | 10 890 000 | 1 200 000 | % | 81,371 | 7 884 849,90 | 0,45 |
| 1,75 | % International Flavors & Fragrances, |  |  |  |  |  |  |  |  |
|  | Inc. (MTN) 2016/2024 ** ...................  | EUR | 3 693 000 |  | 200 000 | % | 99,235 | 3 664 748,55 | 0,21 |
| 1,80 | % International Flavors & Fragrances, |  |  |  |  |  |  |  |  |
|  | Inc. (MTN) 2018/2026 .....................  | EUR | 5 339 000 |  | 500 000 | % | 94,162 | 5 027 309,18 | 0,29 |
| 0,75 | % Intesa Sanpaolo SpA (MTN) 2019/2024 ........  | EUR | 3 761 000 |  | 200 000 | % | 96,012 | 3 611 011,32 | 0,21 |
| 1,25 | % ISS Finance BV (MTN) 2020/2025 ............  | EUR | 6 644 000 |  | 800 000 | % | 96,224 | 6 393 122,56 | 0,36 |
| 2,125 | % ISS Global A/S (MTN) 2014/2024 .............  | EUR | 1 145 000 |  | 100 000 | % | 100,116 | 1 146 328,20 | 0,07 |
| 0,875 | % ISS Global A/S (MTN) 2019/2026 ** ..........  | EUR | 6 317 000 |  | 300 000 | % | 90,044 | 5 688 079,48 | 0,32 |
| 1,00 | % JAB Holdings BV (MTN) 2019/2027 ...........  | EUR | 4 900 000 |  | 500 000 | % | 85,42 | 4 185 580,00 | 0,24 |
| 0,50 | % JDE Peet‘s NV (MTN) 2021/2029 ............  | EUR | 6 518 000 |  | 800 000 | % | 79,592 | 5 187 806,56 | 0,30 |
| 1,963 | % JPMorgan Chase & Co (MTN) 2022/2030 * ....  | EUR | 6 040 000 | 6 040 000 |  | % | 91,452 | 5 523 700,80 | 0,31 |
| 0,389 | % JPMorgan Chase & Co. (MTN) 2020/2028 * ....  | EUR | 4 658 000 |  | 500 000 | % | 88,16 | 4 106 492,80 | 0,23 |
| 0,25 | % Jyske Bank A/S (MTN) 2021/2028 * ..........  | EUR | 17 030 000 |  | 7 200 000 | % | 88,9 | 15 139 670,00 | 0,86 |
| 0,25 | % KBC Group NV (MTN) 2021/2027 * ** ........  | EUR | 5 900 000 |  | 700 000 | % | 89,73 | 5 294 070,00 | 0,30 |
| 1,625 | % KKR Group Finance Co. V LLC -Reg- |  |  |  |  |  |  |  |  |
|  | (MTN) 2019/2029 ** ......................  | EUR | 4 839 000 |  | 1 000 000 | % | 84,652 | 4 096 310,28 | 0,23 |
| 2,85 | % Koninklijke FrieslandCampina NV 2020/ |  |  |  |  |  |  |  |  |  |
|  | perpetual * ..............................  | EUR | 7 240 000 |  |  | % | 88,087 | 6 377 498,80 | 0,36 |
| 2,125 | % Koninklijke Philips NV (MTN) 2022/2029 ** ....  | EUR | 5 000 000 | 6 320 000 | 1 320 000 | % | 93,472 | 4 673 600,00 | 0,27 |
| 1,00 | % La Banque Postale SA (MTN) 2020/2026 * .....  | EUR | 6 200 000 |  | 900 000 | % | 92,91 | 5 760 420,00 | 0,33 |
| 1,00 | % La Poste SA (MTN) 2019/2034 ..............  | EUR | 7 100 000 |  | 4 500 000 | % | 78,244 | 5 555 324,00 | 0,32 |
| 4,00 | % Landesbank Baden-Wuerttemberg |  |  |  |  |  |  |  |  |
|  | (MTN) 2019/perpetual * ....................  | EUR | 6 800 000 |  |  | % | 83,2 | 5 657 600,00 | 0,32 |
| 4,50 | % Landesbank Hessen-Thueringen Girozentrale |  |  |  |  |  |  |  |  |
|  | (MTN) 2022/2032 * ** .....................  | EUR | 3 800 000 | 3 800 000 |  | % | 97,222 | 3 694 436,00 | 0,21 |
| 0,25 | % LeasePlan Corp., NV (MTN) 2021/2026 ** .....  | EUR | 7 990 000 |  | 1 000 000 | % | 87,596 | 6 998 920,40 | 0,40 |
| 0,875 | % LEG Immobilien SE (MTN) 2021/2033 .........  | EUR | 5 900 000 |  | 800 000 | % | 65,916 | 3 889 044,00 | 0,22 |
| 0,875 | % LEG Immobilien SE (MTN) 2022/2029 .........  | EUR | 7 900 000 | 8 800 000 | 900 000 | % | 79,61 | 6 289 190,00 | 0,36 |
| 0,50 | % LG Chem Ltd -Reg- 2019/2023 ..............  | EUR | 4 535 000 |  |  | % | 99,359 | 4 505 930,65 | 0,26 |
| 1,75 | % Liberty Mutual Finance Europe DAC -Reg- |  |  |  |  |  |  |  |  |
|  | (MTN) 2017/2024 ** ......................  | EUR | 5 455 000 |  | 500 000 | % | 99,302 | 5 416 924,10 | 0,31 |
| 1,375 | % Linde PLC (MTN) 2022/2031 ** .............  | EUR | 7 000 000 | 9 300 000 | 2 300 000 | % | 87,962 | 6 157 340,00 | 0,35 |
| 3,25 | % Logicor Financing Sarl (MTN) 2018/2028 ** ....  | EUR | 4 165 000 |  | 700 000 | % | 90,266 | 3 759 578,90 | 0,21 |
| 2,00 | % Logicor Financing Sarl (MTN) 2022/2034 .......  | EUR | 5 000 000 | 9 370 000 | 4 370 000 | % | 70,566 | 3 528 300,00 | 0,20 |
| 1,375 | % Madrilena Red de Gas Finance BV |  |  |  |  |  |  |  |  |
|  | (MTN) 2017/2025 .........................  | EUR | 4 551 000 |  | 500 000 | % | 94,394 | 4 295 870,94 | 0,24 |
| 2,375 | % McDonald‘s Corp. (MTN) 2022/2029 ..........  | EUR | 10 000 000 | 13 950 000 | 3 950 000 | % | 95,013 | 9 501 300,00 | 0,54 |
| 2,25 | % Medtronic Global Holdings SCA 2019/2039 ....  | EUR | 3 493 000 |  | 400 000 | % | 83,47 | 2 915 607,10 | 0,17 |
| 2,264 | % Mitsubishi UFJ Financial Group, Inc. 2022/2025 * | EUR | 5 000 000 | 7 990 000 | 2 990 000 | % | 99,668 | 4 983 400,00 | 0,28 |
| 0,693 | % Mizuho Financial Group, Inc. (MTN) 2020/2030 . | EUR | 5 000 000 |  | 2 785 000 | % | 77,347 | 3 867 350,00 | 0,22 |

| 4,25 | % Mobilux Finance SAS -Reg- (MTN) 2021/2028 ..  | EUR | 3 873 000 |  | 700 000 | % | 73,824 | 2 859 203,52 | 0,16 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1,25 | % Mondelez International Holdings Netherlands |  |  |  |  |  |  |  |  |
|  | BV -Reg- 2021/2041 .......................  | EUR | 7 000 000 |  | 2 470 000 | % | 62,668 | 4 386 760,00 | 0,25 |
| 3,25 | % Muenchener Rueckversicherungs-Gesellschaft |  |  |  |  |  |  |  |  |
|  | AG in Muenchen 2018/2049 * ** ............  | EUR | 4 700 000 |  | 500 000 | % | 93,084 | 4 374 948,00 | 0,25 |
| 3,50 | % Mutuelle Assurance Des Commercants et |  |  |  |  |  |  |  |  |
|  | Industriels de France et Des Cadres et |  |  |  |  |  |  |  |  |
|  | Sal 2021/perpetual * ......................  | EUR | 3 000 000 | 3 800 000 | 5 000 000 | % | 72,862 | 2 185 860,00 | 0,12 |
| 2,125 | % Mylan, Inc. (MTN) 2018/2025 ...............  | EUR | 4 900 000 |  | 500 000 | % | 95,82 | 4 695 180,00 | 0,27 |
| 2,125 | % National Australia Bank (MTN) 2022/2028 ......  | EUR | 5 000 000 | 6 590 000 | 1 590 000 | % | 96,413 | 4 820 650,00 | 0,27 |
| 0,41 | % National Grid North America, |  |  |  |  |  |  |  |  |
|  | Inc. (MTN) 2022/2026 .....................  | EUR | 5 000 000 | 7 040 000 | 2 040 000 | % | 91,638 | 4 581 900,00 | 0,26 |
| 1,054 | % National Grid North America, |  |  |  |  |  |  |  |  |
| Inc. (MTN) 2022/2031 .....................  | EUR | 5 000 000 | 12 580 000 | 7 580 000 | % | 81,338 | 4 066 900,00 | 0,23 |
| 2,949 % National Grid PLC (MTN) 2022/2030 ..........  | EUR | 5 000 000 | 5 470 000 | 470 000 | % | 95,87 | 4 793 500,00 | 0,27 |
| 1,75  % NatWest Group PLC (MTN) 2018/2026 * ......  | EUR | 4 565 000 |  | 300 000 | % | 96,03 | 4 383 769,50 | 0,25 |
| 1,50  % Nestle Finance International Ltd |  |  |  |  |  |  |  |  |
| (MTN) 2022/2035 .........................  | EUR | 4 500 000 | 8 530 000 | 4 030 000 | % | 84,806 | 3 816 270,00 | 0,22 |
| 4,625 % Netflix, Inc. 2018/2029 ** ..................  | EUR | 5 706 000 | 6 206 000 | 500 000 | % | 94,552 | 5 395 137,12 | 0,31 |
| 1,125 % Nordea Bank Abp (MTN) 2022/2027 ..........  | EUR | 4 770 000 | 5 770 000 | 1 000 000 | % | 92,059 | 4 391 214,30 | 0,25 |
| 0,082 % NTT FINANCE Corp. 2021/2025 .............  | EUR | 4 630 000 |  | 500 000 | % | 93,043 | 4 307 890,90 | 0,25 |
| 1,00  % Optus Finance Pty, Ltd (MTN) 2019/2029 ......  | EUR | 9 341 000 |  |  | % | 87,588 | 8 181 595,08 | 0,47 |
| 2,375 % Orange SA (MTN) 2019/perpetual * ..........  | EUR | 4 500 000 |  | 500 000 | % | 93,605 | 4 212 225,00 | 0,24 |
| 2,875 % Organon & Co. Via Organon Foreign Debt |  |  |  |  |  |  |  |  |
| Co-Issuer BV -Reg- (MTN) 2021/2028 .........  | EUR | 1 845 000 |  | 5 180 000 | % | 84,06 | 1 550 907,00 | 0,09 |
| 2,25  % Orsted AS (MTN) 2022/2028 ................  | EUR | 6 270 000 | 6 270 000 |  | % | 98,104 | 6 151 120,80 | 0,35 |
| 0,50  % POSCO Holdings, Inc. -Reg- 2020/2024 ** .....  | EUR | 9 821 000 |  | 500 000 | % | 98,054 | 9 629 883,34 | 0,55 |
| 3,25  % PPF Telecom Group BV (MTN) 2020/2027 .....  | EUR | 3 673 000 |  | 900 000 | % | 87,812 | 3 225 334,76 | 0,18 |
| 2,75  % PPG Industries, Inc. (MTN) 2022/2029 ........  | EUR | 5 000 000 | 7 380 000 | 2 380 000 | % | 95,696 | 4 784 800,00 | 0,27 |
| 0,90  % Procter & Gamble Co. 2021/2041 ............  | EUR | 4 011 000 | 6 600 000 | 2 589 000 | % | 65,917 | 2 643 930,87 | 0,15 |
| 0,50  % Prologis Euro Finance LLC 2021/2032 ** ......  | EUR | 5 736 000 |  | 900 000 | % | 73,705 | 4 227 718,80 | 0,24 |
| 1,75 % Prologis International Funding II SA |  |  |  |  |  |  |  |  |
| (MTN) 2018/2028 .........................  | EUR | 3 275 000 |  | 600 000 | % | 91,828 | 3 007 367,00 | 0,17 |
| 3,00  % Prologis LP 2014/2026 ** ..................  | EUR | 2 224 000 |  | 500 000 | % | 100,899 | 2 243 993,76 | 0,13 |
| 1,539 % Prosus NV -Reg- (MTN) 2020/2028 ...........  | EUR | 7 941 000 |  | 1 400 000 | % | 79,288 | 6 296 260,08 | 0,36 |
| 1,985 % Prosus NV -Reg- 2021/2033 .................  | EUR | 5 855 000 |  | 1 200 000 | % | 67,156 | 3 931 983,80 | 0,22 |
| 1,207 % Prosus NV -Reg- 2022/2026 ** ..............  | EUR | 5 430 000 | 6 330 000 | 900 000 | % | 87,201 | 4 735 014,30 | 0,27 |
| 6,00  % PSA Tresorerie GIE 2003/2033 ..............  | EUR | 2 732 000 | 2 732 000 |  | % | 109,389 | 2 988 507,48 | 0,17 |
| 2,875 % Raiffeisen Bank International AG 2020/2032 * ..  | EUR | 5 300 000 |  |  | % | 79,396 | 4 207 988,00 | 0,24 |
| 3,875 % Rentokil Initial Finance BV (MTN) 2022/2027 ...  | EUR | 8 280 000 | 8 280 000 |  | % | 101,71 | 8 421 588,00 | 0,48 |
| 4,375 % Rentokil Initial Finance BV (MTN) 2022/2030 ...  | EUR | 6 100 000 | 6 100 000 |  | % | 102,917 | 6 277 937,00 | 0,36 |
| 0,75  % Royal Bank of Scotland Group PLC |  |  |  |  |  |  |  |  |
| (MTN) 2019/2025 * .......................  | EUR | 4 565 000 |  | 300 000 | % | 95,164 | 4 344 236,60 | 0,25 |
| 0,625 % RWE AG (MTN) 2021/2031 ** ...............  | EUR | 6 000 000 |  | 13 300 000 | % | 77,444 | 4 646 640,00 | 0,26 |
| 1,00  % RWE AG (MTN) 2021/2033 ** ...............  | EUR | 6 300 000 | 7 000 000 | 700 000 | % | 73,142 | 4 607 946,00 | 0,26 |
| 0,875 % Ryanair DAC (MTN) 2021/2026 ** ............  | EUR | 6 829 000 |  | 800 000 | % | 89,129 | 6 086 619,41 | 0,35 |
| 1,125 % Samhallsbyggnadsbolaget i Norden AB |  |  |  |  |  |  |  |  |
| (MTN) 2019/2026 ** ......................  | EUR | 6 296 000 |  |  | % | 67,218 | 4 232 045,28 | 0,24 |
| 2,125 % Sandvik AB (MTN) 2022/2027 ...............  | EUR | 5 000 000 | 7 720 000 | 2 720 000 | % | 97,314 | 4 865 700,00 | 0,28 |
| 0,125 % Santander Consumer Bank AS (MTN) 2020/2025 | EUR | 7 600 000 |  |  | % | 94,035 | 7 146 660,00 | 0,41 |
| 0,50  % Santander Consumer Bank AS (MTN) 2022/2025 | EUR | 7 100 000 | 7 100 000 |  | % | 93,751 | 6 656 321,00 | 0,38 |
| 0,00 % Santander Consumer Finance SA |  |  |  |  |  |  |  |  |
| (MTN) 2021/2026 .........................  | EUR | 5 000 000 |  | 3 300 000 | % | 90,325 | 4 516 250,00 | 0,26 |
| 2,25  % Scania CV AB (MTN) 2020/2025 .............  | EUR | 7 000 000 |  | 3 325 000 | % | 98,455 | 6 891 850,00 | 0,39 |
| 1,75  % Scentre Group Trust 1 Via Scentre Group Trust 2 |  |  |  |  |  |  |  |  |
| (MTN) 2018/2028 .........................  | EUR | 2 118 000 |  | 1 360 000 | % | 89,355 | 1 892 538,90 | 0,11 |
| 1,375 % Schlumberger Finance BV (MTN) 2020/2026 ...  | EUR | 4 655 000 |  | 200 000 | % | 96,108 | 4 473 827,40 | 0,25 |
| 1,25  % Segro Capital Sarl (MTN) 2022/2026 ..........  | EUR | 6 370 000 | 6 370 000 |  | % | 93,115 | 5 931 425,50 | 0,34 |
| 1,625 % SES SA (MTN) 2018/2026 ** ................  | EUR | 2 850 000 |  | 200 000 | % | 96,002 | 2 736 057,00 | 0,16 |
| 3,50  % SES SA (MTN) 2022/2029 ..................  | EUR | 7 000 000 | 8 660 000 | 1 660 000 | % | 97,734 | 6 841 380,00 | 0,39 |
| 2,00  % Signify NV 2020/2024 .....................  | EUR | 6 297 000 |  | 300 000 | % | 98,423 | 6 197 696,31 | 0,35 |
| 0,375 % Skandinaviska Enskilda Banken AB |  |  |  |  |  |  |  |  |
| (MTN) 2021/2028 ** ......................  | EUR | 5 500 000 |  | 700 000 | % | 83,958 | 4 617 690,00 | 0,26 |
| 1,75 | % Skandinaviska Enskilda Banken AB |  |  |  |  |  |  |  |  |
| (MTN) 2022/2026 .........................  | EUR | 9 880 000 | 9 880 000 |  | % | 97,113 | 9 594 764,40 | 0,55 |
| 1,00  % Societe Generale SA (MTN) 2020/2030 * ......  | EUR | 4 400 000 |  | 800 000 | % | 87,543 | 3 851 892,00 | 0,22 |
| 0,50  % Societe Generale SA (MTN) 2021/2029 * ** ....  | EUR | 7 000 000 |  | 2 900 000 | % | 82,435 | 5 770 450,00 | 0,33 |
| 1,875 % Southern Co. 2021/2081 * ..................  | EUR | 4 840 000 |  | 1 300 000 | % | 68,62 | 3 321 208,00 | 0,19 |
| 1,00  % SPP-Distribucia AS (MTN) 2021/2031 .........  | EUR | 6 666 000 |  | 700 000 | % | 64,396 | 4 292 637,36 | 0,24 |
| 4,00  % SSE PLC 2022/perpetual * ..................  | EUR | 6 660 000 | 6 660 000 |  | % | 86,594 | 5 767 160,40 | 0,33 |
| 1,375 % State Grid Overseas Investment BVI Ltd -Reg- |  |  |  |  |  |  |  |  |
| (MTN) 2018/2025 .........................  | EUR | 7 245 000 |  | 1 000 000 | % | 96,042 | 6 958 242,90 | 0,40 |
| 2,375 % Stedin Holding NV (MTN) 2022/2030 ..........  | EUR | 4 530 000 | 4 530 000 |  | % | 93,912 | 4 254 213,60 | 0,24 |
| 6,50  % Stichting AK Rabobank Certificaten 2014/ |  |  |  |  |  |  |  |  |
| perpetual ** .............................  | EUR | 3 489 725 |  | 600 000 | % | 97,11 | 3 388 871,95 | 0,19 |
| 2,375 % Suez SACA (MTN) 2022/2030 ...............  | EUR | 8 000 000 | 11 000 000 | 3 000 000 | % | 92,167 | 7 373 360,00 | 0,42 |
| 1,50  % Swedbank AB (MTN) 2018/2028 * ...........  | EUR | 4 687 000 |  | 700 000 | % | 98,211 | 4 603 149,57 | 0,26 |
| 0,50  % Swiss Life Finance I Ltd (MTN) 2021/2031 .....  | EUR | 7 000 000 |  | 3 470 000 | % | 77,708 | 5 439 560,00 | 0,31 |
| 3,00  % Takeda Pharmaceutical Co., Ltd -Reg- 2018/2030 | EUR | 5 819 000 |  | 700 000 | % | 97,8 | 5 690 982,00 | 0,32 |
| 2,00  % Takeda Pharmaceutical Co., Ltd 2020/2040 ....  | EUR | 5 139 000 |  | 700 000 | % | 75,86 | 3 898 445,40 | 0,22 |
| 1,125 % Tele2 AB (MTN) 2018/2024 .................  | EUR | 7 093 000 |  | 400 000 | % | 98,84 | 7 010 721,20 | 0,40 |
| 2,125 % Tele2 AB (MTN) 2018/2028 ** ..............  | EUR | 6 981 000 |  | 400 000 | % | 96,255 | 6 719 561,55 | 0,38 |
| 3,75  % Teleperformance (MTN) 2022/2029 ** ........  | EUR | 7 400 000 | 7 400 000 |  | % | 101,533 | 7 513 442,00 | 0,43 |

| Wertpapierbezeichnung | Stück bzw. Anteile bzw. | Nominalbetrag bzw. | Käufe/ Zugänge | Verkäufe/ Abgänge | Währung | Kurs | Kurswert in | %-Anteil am Fonds- |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Währung	Bestand	im Berichtszeitraum	EUR	vermögen |
| 2,125 % TenneT Holding BV (MTN) 2022/2029 .........  | EUR | 4 000 000 | 7 070 000 | 3 070 000 | % | 95,764 | 3 830 560,00 | 0,22 |
| 2,75  % TenneT Holding BV (MTN) 2022/2042 .........  | EUR | 3 800 000 | 7 700 000 | 3 900 000 | % | 89,452 | 3 399 176,00 | 0,19 |
| 0,875 % Terega SA (MTN) 2020/2030 ** .............  | EUR | 5 100 000 |  | 700 000 | % | 75,255 | 3 838 005,00 | 0,22 |
| 0,80  % Thermo Fisher Scientific Finance I BV |  |  |  |  |  |  |  |  |
| (MTN) 2021/2030 ** ......................  | EUR | 8 290 000 |  | 3 700 000 | % | 84,603 | 7 013 588,70 | 0,40 |
| 1,50  % Thermo Fisher Scientific, Inc. (MTN) 2019/2039 . | EUR | 2 300 000 |  | 100 000 | % | 71,981 | 1 655 563,00 | 0,09 |
| 1,952 % Toronto-Dominion Bank/The (MTN) 2022/2030 ..  | EUR | 10 240 000 | 10 240 000 |  | % | 90,705 | 9 288 192,00 | 0,53 |
| 2,00  % TotalEnergies SE 2020/perpetual * ...........  | EUR | 4 739 000 |  | 1 100 000 | % | 73,658 | 3 490 652,62 | 0,20 |
| 3,25  % TotalEnergies SE 2022/perpetual * ** .........  | EUR | 1 118 000 | 12 870 000 | 11 752 000 | % | 70,135 | 784 109,30 | 0,04 |
| 1,701 % Transurban Finance Co., |  |  |  |  |  |  |  |  |
| Pty Ltd (MTN) 2019/2034 ** ................  | EUR | 1 940 000 |  | 400 000 | % | 79,5 | 1 542 300,00 | 0,09 |
| 1,875 % Transurban Finance Co., |  |  |  |  |  |  |  |  |  |
| Pty, Ltd (MTN) 2014/2024 ** ...............  | EUR | 4 568 000 |  | 200 000 | % | 99,587 | 4 549 134,16 | 0,26 |
| 0,25  % UBS Group AG (MTN) 2021/2026 * ...........  | EUR | 9 540 000 |  | 500 000 | % | 90,973 | 8 678 824,20 | 0,49 |
| 0,875 % UBS Group AG (MTN) 2021/2031 ............  | EUR | 7 110 000 |  | 4 000 000 | % | 77,907 | 5 539 187,70 | 0,32 |
| 1,00  % UBS Group AG (MTN) 2022/2025 * ...........  | EUR | 7 880 000 | 8 280 000 | 400 000 | % | 97,69 | 7 697 972,00 | 0,44 |
| 6,625 % UniCredit SpA 2017/perpetual * .............  | EUR | 4 700 000 |  |  | % | 95,107 | 4 470 029,00 | 0,25 |
| 1,25  % UniCredit SpA (MTN) 2019/2025 * ...........  | EUR | 4 639 000 |  | 500 000 | % | 96,769 | 4 489 113,91 | 0,26 |
| 6,875 % UNIQA Insurance Group AG (MTN) 2013/2043 * | EUR | 500 000 |  |  | % | 101,438 | 507 190,00 | 0,03 |
| 1,375 % UNIQA Insurance Group AG (MTN) 2020/2030 ..  | EUR | 4 300 000 |  | 300 000 | % | 85,215 | 3 664 245,00 | 0,21 |
| 1,362 % Upjohn Finance BV (MTN) 2020/2027 .........  | EUR | 6 878 000 |  | 800 000 | % | 86,83 | 5 972 167,40 | 0,34 |
| 2,25  % UPM-Kymmene Oyj (MTN) 2022/2029 ........  | EUR | 8 850 000 | 8 850 000 |  | % | 93,323 | 8 259 085,50 | 0,47 |
| 2,375 % Urenco Finance NV (MTN) 2014/2024 .........  | EUR | 3 380 000 |  | 1 200 000 | % | 99,314 | 3 356 813,20 | 0,19 |
| 2,875 % Verizon Communications, Inc. 2017/2038 ......  | EUR | 1 070 000 |  | 200 000 | % | 90,79 | 971 453,00 | 0,06 |
| 0,875 % Verizon Communications, Inc. (MTN) 2019/2027 | EUR | 7 876 000 |  | 900 000 | % | 92,097 | 7 253 559,72 | 0,41 |
| 0,375 % Verizon Communications, Inc. (MTN) 2021/2029 | EUR | 6 790 000 |  | 800 000 | % | 84,942 | 5 767 561,80 | 0,33 |
| 0,75  % Vesteda Finance BV (MTN) 2021/2031 ........  | EUR | 7 170 000 |  | 700 000 | % | 76,545 | 5 488 276,50 | 0,31 |
| 2,00 % Visa, Inc. (MTN) 2022/2029 .................  | EUR | 8 690 000 | 8 690 000 |  | % | 96,453 | 8 381 765,70 | 0,48 |
| 2,375 % Visa, Inc. 2022/2034 .......................  | EUR | 6 860 000 | 6 860 000 |  | % | 94,014 | 6 449 360,40 | 0,37 |
| 1,00  % Viterra Finance BV (MTN) 2021/2028 .........  | EUR | 8 330 000 |  | 1 100 000 | % | 80,709 | 6 723 059,70 | 0,38 |
| 3,10  % Vodafone Group PLC 2018/2079 * ...........  | EUR | 4 000 000 | 4 700 000 | 700 000 | % | 95,738 | 3 829 520,00 | 0,22 |
| 3,00 % Volkswagen Financial Services AG |  |  |  |  |  |  |  |  |
| (MTN) 2020/2025 .........................  | EUR | 5 139 000 |  | 700 000 | % | 100,523 | 5 165 876,97 | 0,29 |
| 3,375 % Volkswagen Financial Services AG |  |  |  |  |  |  |  |  |  |
| (MTN) 2020/2028 .........................  | EUR | 6 985 000 | 800 000 | % | 98,432 | 6 875 475,20 | 0,39 |
| 0,125 % Volkswagen Financial Services AG |  |  |  |  |  |  |  |  |  |
| (MTN) 2021/2027 .........................  | EUR | 5 480 000 | 700 000 | % | 85,454 | 4 682 879,20 | 0,27 |
| 3,50  % Volkswagen International Finance NV 2020/ |  |  |  |  |  |  |  |  |  |
| perpetual * ..............................  | EUR | 5 000 000 | 4 700 000 | % | 90,839 | 4 541 950,00 | 0,26 |
| 3,748 % Volkswagen International Finance NV 2022/ |  |  |  |  |  |  |  |  |  |
| perpetual * ** ...........................  | EUR | 3 600 000 | 3 600 000 |  | % | 85,434 | 3 075 624,00 | 0,17 |
| 3,125 % Volkswagen International Finance NV 2022/2025 | EUR | 8 600 000 | 8 600 000 |  | % | 101,123 | 8 696 578,00 | 0,49 |
| 0,375 % Volkswagen Leasing GmbH (MTN) 2021/2026 ..  | EUR | 8 897 000 |  | 1 000 000 | % | 89,138 | 7 930 607,86 | 0,45 |
| 1,80  % Vonovia Finance BV (MTN) 2019/2025 ** ......  | EUR | 2 800 000 |  | 400 000 | % | 95,762 | 2 681 336,00 | 0,15 |
| 0,625 % Vonovia Finance BV (MTN) 2019/2027 ........  | EUR | 2 900 000 |  | 600 000 | % | 84,038 | 2 437 102,00 | 0,14 |
| 0,625 % Wells Fargo & Co. (MTN) 2020/2030 ..........  | EUR | 4 365 000 |  | 500 000 | % | 79,251 | 3 459 306,15 | 0,20 |
| 0,427 % Westpac Securities NZ/London (MTN) 2021/2026 | EUR | 5 240 000 |  | 700 000 | % | 90,366 | 4 735 178,40 | 0,27 |
| 2,125 % Wurth Finance International BV |  |  |  |  |  |  |  |  |
| (MTN) 2022/2030 .........................  | EUR | 9 700 000 | 9 700 000 |  | % | 93,909 | 9 109 173,00 | 0,52 |
| 1,164 % Zimmer Biomet Holdings, Inc. (MTN) 2019/2027 | EUR | 5 819 000 |  | 700 000 | % | 87,71 | 5 103 844,90 | 0,29 |
| 2,02  % Zuercher Kantonalbank (MTN) 2022/2028 * ....  | EUR | 10 350 000 | 10 350 000 |  | % | 96,355 | 9 972 742,50 | 0,57 |
| 3,375 % Abertis Infraestructuras SA (MTN) 2019/2026 ...  | GBP | 4 300 000 | 4 300 000 |  | % | 94,44 | 4 741 673,67 | 0,27 |
| 2,00  % BNP Paribas SA (MTN) 2021/2031 * ..........  | GBP | 4 000 000 |  | 4 400 000 | % | 87,017 | 4 064 164,94 | 0,23 |
| 1,50  % CaixaBank SA (MTN) 2021/2026 * ............  | GBP | 5 300 000 |  | 300 000 | % | 90,023 | 5 571 043,87 | 0,32 |
| 1,985 % Lloyds Banking Group Plc (MTN) 2021/2031 * ** | GBP | 3 530 000 |  | 2 600 000 | % | 85,736 | 3 533 825,91 | 0,20 |
| 2,45  % AerCap Ireland Capital DAC Via |  |  |  |  |  |  |  |  |
| AerCap Global Aviation Trust (MTN) 2021/2026 . | USD | 7 620 000 |  |  | % | 86,94 | 6 360 550,35 | 0,36 |
| 2,561 % Citigroup, Inc. 2021/2032 * .................  | USD | 10 928 000 |  |  | % | 82,392 | 8 644 618,26 | 0,49 |
| 8,125 % Credit Agricole SA -Reg- 2016/perpetual * ** ...  | USD | 4 507 000 |  |  | % | 102,76 | 4 446 637,66 | 0,25 |
| 2,45  % Daimler Finance North America LLC -Reg- |  |  |  |  |  |  |  |  |
| (MTN) 2021/2031 .........................  | USD | 7 979 000 |  | 5 100 000 | % | 85,08 | 6 517 725,04 | 0,37 |
| 3,742 % Deutsche Bank AG/New York NY 2022/2033 * ..  | USD | 4 000 000 | 17 200 000 | 13 200 000 | % | 74,051 | 2 843 878,30 | 0,16 |
| 8,75  % Deutsche Telekom International Finance |  |  |  |  |  |  |  |  |
| BV 2000/2030 ...........................  | USD | 10 000 000 |  |  | % | 123,685 | 11 875 095,80 | 0,68 |
| 5,25  % Electricite de France SA -Reg- 2013/perpetual * . | USD | 4 750 000 | 4 750 000 |  | % | 94,262 | 4 298 830,77 | 0,24 |
| 2,95  % Expedia Group, Inc. (MTN) 2021/2031 .........  | USD | 5 223 000 |  |  | % | 79,934 | 4 008 405,60 | 0,23 |
| 2,65  % HP, Inc. (MTN) 2022/2031 ..................  | USD | 8 563 000 | 8 563 000 |  | % | 80,119 | 6 586 907,32 | 0,37 |
| 7,875 % Societe Generale SA -Reg- 2013/perpetual * ...  | USD | 5 600 000 |  |  | % | 98,358 | 5 288 320,95 | 0,30 |
| 7,375 % Societe Generale SA -Reg- 2018/perpetual * ...  | USD | 5 300 000 |  |  | % | 96,668 | 4 919 021,17 | 0,28 |
| 5,625 % Transcanada Trust 2015/2075 * ..............  | USD | 2 747 000 |  |  | % | 94,466 | 2 491 462,04 | 0,14 |
| 11,50 % Transocean, Inc. -Reg- (MTN) 2020/2027 ......  | USD | 2 118 000 |  |  | % | 94,141 | 1 914 355,30 | 0,11 |
| 5,125 % UBS AG (MTN) 2014/2024 ..................  | USD | 3 566 000 |  |  | % | 99,992 | 3 423 471,23 | 0,19 |
| 2,55  % Verizon Communications, Inc. (MTN) 2021/2031 | USD | 11 099 000 |  |  | % | 85,763 | 9 139 109,99 | 0,52 |

An organisierten Märkten zugelassene oder in diese einbezogene Wertpapiere	14 653 896,59	0,83 Verzinsliche Wertpapiere
| USD | 7 663 000 | % | 86,412 | 6 357 596,64 | 0,36 |
| --- | --- | --- | --- | --- | --- |
| USD | 4 885 000 | % | 92,67 | 4 346 341,23 | 0,25 |
| USD | 5 150 000 | % | 79,885 | 3 949 958,72 | 0,22 |

2,55 % BMW US Capital LLC -144A- (MTN) 2021/2031 .
3,20  % Mars, Inc. -144A- 2019/2030 ................ 
2,691 % Stellantis Finance US,
Inc. -144A- (MTN) 2021/2031 ................ 
|  | Stück bzw. | Nominalbetrag | Käufe/ | Verkäufe/ | Währung | Kurs | Kurswert | %-Anteil am |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Wertpapierbezeichnung | Anteile bzw. | bzw. | Zugänge | Abgänge |  |  | in | Fonds- |
| Währung	Bestand	im Berichtszeitraum	EUR	vermögen |

Nichtnotierte Wertpapiere	0,85	0,00
Verzinsliche Wertpapiere
4,25  % Lehman Brothers Holdings,
Inc. (MTN) 2006/2016 * ...................	EUR	850 000	%	0,001	0,85	0,00
Investmentanteile	98 140 748,82	5,59
Gruppeneigene Investmentanteile
DWS Institutional − DWS Institutional ESG Euro Money
Market Fund -IC- EUR - (0,090%) .....................	Anteile	3 166	50 511	54 359	EUR	13 682,98	43 320 314,68	2,47
DWS Invest SICAV − Corporate Hybrid Bonds -FC-
EUR - (0,600%) ...................................	Anteile	105 109	50 000	44 891	EUR	103,26	10 853 555,34	0,62
DWS Invest SICAV − DWS Invest ESG Global
Corporate Bonds -ID- EUR - (0,400%) ..................	Anteile	51 048	69 181	EUR	83,98	4 287 006,00	0,24
DWS Invest SICAV − DWS Invest ESG USD
Corporate Bonds -XCH- EUR (hedged) - (0,200%) .........	Anteile	35 000	EUR	103,42	3 619 700,00	0,21
DWS Invest SICAV − DWS Invest Financial
Hybrid Bonds -FD- EUR - (0,600%) ....................	Anteile	100 000	EUR	88,91	8 891 000,00	0,51
DWS Invest SICAV − DWS Invest Low Carbon
Bonds -FC- EUR - (0,600%) ..........................	Anteile	35 401	EUR	85,82	3 038 072,80	0,17
DWS Invest SICAV − DWS Invest Macro
Bonds I -FC- EUR - (0,600%) .........................	Anteile	210 000	EUR	96,08	20 176 800,00	1,15
DWS Invest SICAV − Emerging Markets
Corporates -FCH- EUR (hedged) - (0,600%) ..............	Anteile	30 000	20 000	EUR	131,81	3 954 300,00	0,22
Summe Wertpapiervermögen	1 741 103 584,78	99,09
Derivate
(Bei den mit Minus gekennzeichneten Beständen handelt es sich um verkaufte Positionen)
Zins-Derivate	-93 845,41	0,00
Forderungen/Verbindlichkeiten
Zinsterminkontrakte
Euro Buxl Futures 09/2022 (MS) ......................	Stück	-50	208	258	-333 714,30	-0,02
Euro SCHATZ Futures 09/2022 (MS) ...................	Stück	200	495	295	-7 000,00	0,00
Germany Federal Republic Notes 10 year 09/2022 (MS) ....	Stück	-50	250	300	-253 456,65	-0,01
Germany Federal Republic Bonds 5 year 09/2022 (MS) ....	Stück	-100	200	300	-288 990,00	-0,02
UK Treasury Notes 09/2022 (MS) .....................	Stück	-51	51	257 848,91	0,02
US Treasury Notes 30 year Futures 09/2022 (MS) ........	Stück	-206	200	406	102 028,68	0,01
US Treasury Notes 5 year Futures 09/2022 (MS) .........	Stück	-367	367	429 437,95	0,02
Devisen-Derivate	-1 876 197,70	-0,11
Forderungen/Verbindlichkeiten Devisentermingeschäfte Devisentermingeschäfte (Kauf)
Offene Positionen
CHF/EUR 0,1 Mio. .................................	981,54	0,00
SEK/EUR 0,1 Mio. .................................	-43,49	0,00
Geschlossene Positionen
GBP/EUR 0,1 Mio. .................................	-55,28	0,00
USD/EUR 0,1 Mio. .................................	-16,98	0,00
Devisentermingeschäfte (Verkauf) Offene Positionen
EUR/GBP 15,5 Mio. ................................	-136 506,48	-0,01
EUR/USD 106,9 Mio. ...............................	-1 740 557,01	-0,10
Bankguthaben	1 407 342,98	0,08
Verwahrstelle (täglich fällig)
EUR-Guthaben ....................................	EUR	1 404 811,00	0,08
Guthaben in sonstigen EU/EWR-Währungen
Schwedische Kronen ...............................	SEK	19 778	1 846,55	0,00
Guthaben in Nicht-EU/EWR-Währungen
Schweizer Franken .................................	CHF	682	685,43	0,00
Sonstige Vermögensgegenstände	36 035 383,39	2,05
Abgegrenzte Platzierungsgebühr *** ..................	38 680,79	0,00
Zinsansprüche .....................................	9 952 199,50	0,57
Sonstige Ansprüche ................................	26 044 503,10	1,48
| Wertpapierbezeichnung | Stück bzw. Anteile bzw. | Nominalbetrag bzw. | Käufe/ Zugänge | Verkäufe/ Abgänge | Währung | Kurs | Kurswert in | %-Anteil am Fonds- |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | Währung | Bestand | im Berichtszeitraum | EUR | vermögen |
| Forderungen aus Anteilscheingeschäften |  |  |  | 4 922 548,23 | 0,28 |
| Summe der Vermögensgegenstände **** |  |  |  | 1 784 259 156,46 | 101,55 |
| Kurzfristige Verbindlichkeiten |  |  |  | -9 657 493,98 | -0,55 |
| Kredite in Nicht-EU/EWR-Währungen |  |  |  |  |  |
| Britisches Pfund ...................................  | GBP | -140 451 |  | -163 995,07 | -0,01 |
| US-Dollar ........................................  | USD | -9 887 949 |  | -9 493 498,91 | -0,54 |
| Sonstige Verbindlichkeiten |  |  |  | -1 692 471,87 | -0,10 |
| Verbindlichkeiten aus Kostenpositionen ................  |  |  |  | -1 692 471,87 | -0,10 |
| Verbindlichkeiten aus Anteilscheingeschäften |  |  |  | -13 036 177,92 | -0,74 |
| Summe der Verbindlichkeiten |  |  |  | -27 146 483,96 | -1,55 |
| Fondsvermögen |  |  |  | 1 757 112 672,50 | 100,00 |

Durch Rundung der Prozentanteile bei der Berechnung können geringfügige Rundungsdifferenzen entstanden sein.
Eine Aufstellung über die während des Berichtszeitraums abgeschlossenen Geschäfte, soweit sie nicht mehr in der Vermögensaufstellung erscheinen, ist auf Anforderung kostenlos bei der Verwaltungsgesellschaft erhältlich.
| Anteilwert bzw. umlaufende Anteile | Stück bzw. Währung | Anteilwert in der jeweiligen Währung |
| --- | --- | --- |
| Anteilwert Klasse CHF FCH ...................................  | CHF | 93,40 |
| Klasse FC ........................................  | EUR | 153,89 |
| Klasse FC10 ......................................  | EUR | 94,46 |
| Klasse IC .........................................  | EUR | 105,25 |
| Klasse IC100 ......................................  | EUR | 96,97 |
| Klasse ID100 .....................................  | EUR | 90,38 |
| Klasse LC ........................................  | EUR | 146,78 |
| Klasse LD ........................................  | EUR | 110,07 |
| Klasse NC ........................................  | EUR | 138,41 |
| Klasse NDQ ......................................  | EUR | 84,28 |
| Klasse PFC .......................................  | EUR | 96,42 |
| Klasse PFDQ .....................................  | EUR | 83,99 |
| Klasse TFC .......................................  | EUR | 92,75 |
| Klasse TFD .......................................  | EUR | 88,44 |
| Klasse GBP CH RD .................................  | GBP | 106,10 |
| Klasse SEK LCH ...................................  | SEK | 988,99 |
| Klasse USD FCH ..................................  | USD | 106,44 |
| Umlaufende Anteile Klasse CHF FCH ...................................  | Stück | 570,000 |
| Klasse FC ........................................  | Stück | 1 251 799,818 |
| Klasse FC10 ......................................  | Stück | 101,000 |
| Klasse IC .........................................  | Stück | 1 704 136,000 |
| Klasse IC100 ......................................  | Stück | 9 417 538,000 |
| Klasse ID100 .....................................  | Stück | 77 475,000 |
| Klasse LC ........................................  | Stück | 1 984 271,351 |
| Klasse LD ........................................  | Stück | 1 148 637,014 |
| Klasse NC ........................................  | Stück | 191 463,863 |
| Klasse NDQ ......................................  | Stück | 43 115,000 |
| Klasse PFC .......................................  | Stück | 75 440,000 |
| Klasse PFDQ .....................................  | Stück | 40 294,000 |
| Klasse TFC .......................................  | Stück | 58 005,143 |
| Klasse TFD .......................................  | Stück | 9 132,000 |
| Klasse GBP CH RD .................................  | Stück | 1 060,000 |
| Klasse SEK LCH ...................................  | Stück | 115,000 |
| Klasse USD FCH ..................................  | Stück | 115,000 |

Zusammensetzung des Referenzportfolios (gem. CSSF-Rundschreiben 11/512) iBoxx EUR Corporates
Potenzieller Risikobetrag für das Marktrisiko (gem. CSSF-Rundschreiben 11/512)
| kleinster potenzieller Risikobetrag .....................  | % | 94,347 |
| --- | --- | --- |
| größter potenzieller Risikobetrag ......................  | % | 118,293 |
| durchschnittlicher potenzieller Risikobetrag ..............  | % | 105,870 |

Die Risikokennzahlen wurden für den Zeitraum vom 1.1.2022 bis 30.6.2022 auf Basis der Methode der historischen Simulation mit den Parametern 99% Konfidenzniveau, 10 Tage Haltedauer unter Verwendung eines effektiven, historischen Beobachtungszeitraumes von einem Jahr berechnet. Als Bewertungsmaßstab wird das Risiko eines derivatefreien Vergleichsvermögens herangezogen. Unter dem Marktrisiko versteht man das Risiko, das sich aus der ungünstigsten Entwicklung von Marktpreisen für das Fondsvermögen ergibt. Bei der Ermittlung des Marktrisikopotenzials wendet die Gesellschaft den relativen Value at Risk-Ansatzim Sinne des CSSF-Rundschreibens 11/512 an.
Die durchschnittliche Hebelwirkung aus der Nutzung von Derivaten betrug im Berichtszeitraum 0,3, wobei zur Berechnung die Summe der Nominalbeträge der Derivate in Relation zum Fondsvermögen gesetzt wurde (Nominalwertmethode).
Das durch Derivate erzielte zugrunde liegende Exposure gem. Punkt 40 a) der „Leitlinien zu börsengehandelten Indexfonds und anderen OGAW-Themen“ der European Securities and Markets Authority (ESMA) belief sich zum Berichtsstichtag unter Zugrundelegung einer Bruttobetrachtung auf EUR 269 195 643,66. Ohne Berücksichtigung gegebenenfalls auf Ebene von Anteilklassen zum Zwecke der Währungsabsicherung abgeschlossener Devisentermingeschäfte.
 Marktschlüssel	 Terminbörsen
MS = Morgan Stanley Bank AG
Vertragspartner der Devisentermingeschäfte
Deutsche Bank AG, HSBC France, Royal Bank of Canada (UK), State Street Bank International GmbH und UBS AG.

####  Erläuterungen zu den Wertpapier-Darlehen	
Folgende Wertpapiere sind zum Berichtsstichtag als Wertpapier-Darlehen übertragen:
| Wertpapierbezeichnung | Währung bzw. Nominal in Stück | Nominalbetrag bzw. Bestand | Wertpapier-Darlehen Kurswert in EUR unbefristet | gesamt |
| --- | --- | --- | --- | --- |
| 1,125 % Abertis Infraestructuras SA (MTN) 2019/2028 ...  | EUR | 3 300 000 | 2 846 646,00 |  |
| 0,50  % Alstom SA (MTN) 2021/2030 ................  | EUR | 7 100 000 | 5 586 848,00 |  |
| 1,50  % America Movil SAB de CV (MTN) 2016/2024 ...  | EUR | 3 375 000 | 3 346 886,25 |  |
| 1,625 % American Medical Systems Europe BV |  |  |  |  |
| (MTN) 2022/2031 .........................  | EUR | 500 000 | 433 690,00 |  |
| 2,125 % Aroundtown SA 2018/perpetual * ............  | EUR | 3 200 000 | 2 283 904,00 |  |
| 1,00  % ASTM SpA (MTN) 2021/2026 ...............  | EUR | 362 000 | 318 067,68 |  |
| 1,80  % AT&T, Inc. (MTN) 2018/2026 ................  | EUR | 1 400 000 | 1 363 978,00 |  |
| 1,625 % AusNet Services Holdings (MTN) 2021/2081 * ..  | EUR | 2 300 000 | 1 749 610,00 |  |
| 0,875 % Banco Bilbao Vizcaya Argentaria SA |  |  |  |  |
| (MTN) 2022/2029 * .......................  | EUR | 4 000 000 | 3 380 200,00 |  |
| 4,75  % Banco Santander SA 2018/perpetual * ........  | EUR | 800 000 | 695 216,00 |  |
| 0,75  % Bankia SA (MTN) 2019/2026 ................  | EUR | 2 000 000 | 1 822 740,00 |  |
| 1,75  % Banque Federative du Credit Mutuel SA |  |  |  |  |
| (MTN) 2019/2029 .........................  | EUR | 400 000 | 357 068,00 |  |
| 0,375 % Belfius Bank SA (MTN) 2020/2025 ...........  | EUR | 3 400 000 | 3 149 454,00 |  |
| 0,50  % BNP Paribas SA (MTN) 2020/2028 * ..........  | EUR | 500 000 | 427 840,00 |  |
| 2,125 % British Telecommunications PLC |  |  |  |  |
| (MTN) 2018/2028 .........................  | EUR | 440 000 | 416 380,80 |  |
| 1,125 % British Telecommunications PLC |  |  |  |  |
| (MTN) 2019/2029 .........................  | EUR | 1 000 000 | 872 590,00 |
| 6,375 % Caisse Nationale de Reassurance Mutuelle |  |  |  |  |
| Agricole Groupama 2014/perpetual * .........  | EUR | 2 500 000 | 2 526 350,00 |
| 0,75  % CaixaBank SA (MTN) 2020/2026 * ............  | EUR | 1 000 000 | 938 020,00 |
| 0,125 % Coca-Cola Co. (MTN) 2020/2029 .............  | EUR | 500 000 | 420 675,00 |
| 3,25  % Credit Suisse Group AG (MTN) 2020/2026 * ....  | EUR | 500 000 | 488 530,00 |
| 0,75  % Deutsche Bank AG (MTN) 2021/2027 * .......  | EUR | 1 900 000 | 1 682 070,00 |
| 1,25  % Deutsche Boerse AG 2020/2047 * ...........  | EUR | 3 500 000 | 2 952 320,00 |
| 1,75  % DXC Technology Co. (MTN) 2018/2026 ........  | EUR | 4 588 000 | 4 324 327,64 |
| 2,00  % Electricite de France SA (MTN) 2019/2049 .....  | EUR | 1 000 000 | 628 140,00 |
| 0,875 % Elia Transmission Belgium SA (MTN) 2020/2030 | EUR | 1 700 000 | 1 417 987,00 |
| 4,125 % Elis SA (MTN) 2022/2027 ...................  | EUR | 100 000 | 95 223,00 |
| 2,375 % ELO SACA (MTN) 2019/2025 ................  | EUR | 500 000 | 482 465,00 |
| 0,875 % Enel Finance International NV (MTN) 2022/2031 . | EUR | 900 000 | 715 815,00 |
| 1,50  % Eni SpA (MTN) 2017/2027 ..................  | EUR | 1 310 000 | 1 251 141,70 |
| 0,25  % Equinix, Inc. (MTN) 2021/2027 ...............  | EUR | 3 200 000 | 2 769 344,00 |

| Wertpapierbezeichnung | Währung bzw. Nominal in Stück | Nominalbetrag bzw. Bestand | Wertpapier-Darlehen Kurswert in EUR unbefristet | gesamt |
| --- | --- | --- | --- | --- |
| 1,56  % Experian Europe DAC (MTN) 2022/2031 .......  | EUR | 3 790 000 | 3 255 951,10 |  |
| 1,408 % Exxon Mobil Corp. 2020/2039 ...............  | EUR | 4 268 000 | 3 001 855,12 |  |
| 3,00 % Fastighets AB Balder 2017/2078 * ...........  | EUR | 2 400 000 | 1 822 272,00 |  |
| 4,35  % Fortune Star BVI Ltd 2019/2023 .............  | EUR | 2 700 000 | 2 124 009,00 |  |
| 1,75  % GSK Consumer Healthcare Capital NL, |  |  |  |  |
| BV (MTN) 2022/2030 ......................  | EUR | 500 000 | 456 755,00 |  |
| 1,375 % Hannover Rueck SE 2021/2042 * ............  | EUR | 2 200 000 | 1 657 568,00 |  |
| 3,875 % Harley-Davidson Financial Services, |  |  |  |  |
| Inc. 2020/2023 ...........................  | EUR | 2 200 000 | 2 219 888,00 |  |
| 0,625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |
| (MTN) 2017/2023 .........................  | EUR | 500 000 | 495 835,00 |
| 1,625 % Holding d‘Infrastructures de Transport SASU |  |  |  |  |
| (MTN) 2017/2027 .........................  | EUR | 2 700 000 | 2 427 678,00 |
| 1,75  % International Flavors & Fragrances, |  |  |  |  |
| Inc. (MTN) 2016/2024 .....................  | EUR | 500 000 | 496 175,00 |
| 0,875 % ISS Global A/S (MTN) 2019/2026 .............  | EUR | 6 000 000 | 5 402 640,00 |
| 0,25  % KBC Group NV (MTN) 2021/2027 * ...........  | EUR | 1 200 000 | 1 076 760,00 |
| 1,625 % KKR Group Finance Co. V LLC -Reg- |  |  |  |
| (MTN) 2019/2029 .........................  | EUR | 500 000 | 423 260,00 |
| 2,125 % Koninklijke Philips NV (MTN) 2022/2029 .......  | EUR | 4 900 000 | 4 580 128,00 |
| 4,50  % Landesbank Hessen-Thueringen Girozentrale |  |  |  |
| (MTN) 2022/2032 * .......................  | EUR | 2 400 000 | 2 333 328,00 |
| 0,25  % LeasePlan Corp., NV (MTN) 2021/2026 ........  | EUR | 100 000 | 87 596,00 |
| 1,75  % Liberty Mutual Finance Europe DAC -Reg- |  |  |  |
| (MTN) 2017/2024 .........................  | EUR | 500 000 | 496 510,00 |
| 1,375 % Linde PLC (MTN) 2022/2031 ................  | EUR | 2 000 000 | 1 759 240,00 |
| 3,25  % Logicor Financing Sarl (MTN) 2018/2028 .......  | EUR | 1 000 000 | 902 660,00 |
| 3,25  % Muenchener Rueckversicherungs-Gesellschaft AG |  |  |  |
| in Muenchen 2018/2049 * ..................  | EUR | 1 000 000 | 930 840,00 |
| 4,625 % Netflix, Inc. 2018/2029 .....................  | EUR | 1 500 000 | 1 418 280,00 |
| 0,50  % POSCO Holdings, Inc. -Reg- 2020/2024 .......  | EUR | 9 500 000 | 9 315 130,00 |
| 0,50  % Prologis Euro Finance LLC 2021/2032 .........  | EUR | 1 500 000 | 1 105 575,00 |
| 3,00  % Prologis LP 2014/2026 .....................  | EUR | 2 224 000 | 2 243 993,76 |
| 1,207 % Prosus NV -Reg- 2022/2026 .................  | EUR | 3 700 000 | 3 226 437,00 |
| 0,625 % RWE AG (MTN) 2021/2031 .................  | EUR | 455 000 | 352 370,20 |
| 1,00  % RWE AG (MTN) 2021/2033 .................  | EUR | 4 903 000 | 3 586 152,26 |
| 0,875 % Ryanair DAC (MTN) 2021/2026 ..............  | EUR | 2 900 000 | 2 584 741,00 |
| 1,125 % Samhallsbyggnadsbolaget i Norden AB |  |  |  |
| (MTN) 2019/2026 .........................  | EUR | 2 700 000 | 1 814 886,00 |
| 1,625 % SES SA (MTN) 2018/2026 ..................  | EUR | 500 000 | 480 010,00 |
| 0,375 % Skandinaviska Enskilda Banken AB |  |  |  |
| (MTN) 2021/2028 .........................  | EUR | 1 000 000 | 839 580,00 |
| 0,50  % Societe Generale SA (MTN) 2021/2029 * ......  | EUR | 3 300 000 | 2 720 355,00 |
| 6,50  % Stichting AK Rabobank Certificaten 2014/ |  |  |  |
| perpetual ...............................  | EUR | 3 000 000 | 2 913 300,00 |
| 2,125 % Tele2 AB (MTN) 2018/2028 .................  | EUR | 5 900 000 | 5 679 045,00 |
| 3,75  % Teleperformance (MTN) 2022/2029 ...........  | EUR | 200 000 | 203 066,00 |
| 0,875 % Terega SA (MTN) 2020/2030 ................  | EUR | 2 400 000 | 1 806 120,00 |
| 0,80  % Thermo Fisher Scientific Finance I BV |  |  |  |
| (MTN) 2021/2030 .........................  | EUR | 1 500 000 | 1 269 045,00 |
| 3,25  % TotalEnergies SE 2022/perpetual * ...........  | EUR | 680 000 | 476 918,00 |
| 1,701 % Transurban Finance Co., |  |  |  |
| Pty Ltd (MTN) 2019/2034 ...................  | EUR | 500 000 | 397 500,00 |
| 1,875 % Transurban Finance Co., |  |  |  |  |
| Pty, Ltd (MTN) 2014/2024 ..................  | EUR | 500 000 | 497 935,00 |
| 3,748 % Volkswagen International Finance NV 2022/ |  |  |  |  |
| perpetual * ..............................  | EUR | 500 000 | 427 170,00 |
| 1,80  % Vonovia Finance BV (MTN) 2019/2025 ........  | EUR | 1 200 000 | 1 149 144,00 |
| 1,985 % Lloyds Banking Group Plc (MTN) 2021/2031 * ..  | GBP | 500 000 | 500 541,92 |
| 8,125 % Credit Agricole SA -Reg- 2016/perpetual * .....  | USD | 3 300 000 | 3 255 803,03 |

Gesamtbetrag der Rückerstattungsansprüche aus Wertpapier-Darlehen	133 957 573,46	133 957 573,46 Vertragspartner der Wertpapier-Darlehen
Barclays Bank Ireland PLC FI, BNP Paribas S.A., Citigroup Global Markets Europe AG, Credit Agricole CIB S.A. FI, Crédit Suisse Securities Sociedad de Valores S.A. FI, Deutsche Bank AG FI, Goldman Sachs Bank Europe SE EQ, J.P. Morgan AG EQ, J.P. Morgan AG FI, Morgan Stanley Europe SE FI, Unicredit Bank AG, Zuercher Kantonalbank
Gesamtbetrag der bei Wertpapier-Darlehen von Dritten gewährten Sicherheiten	EUR	156 534 755,19
davon:
Schuldverschreibungen	EUR	127 773 371,55
Aktien	EUR	28 761 383,64
 Devisenkurse (in Mengennotiz)	
per 30.6.2022
| Schweizer Franken	CHF | 0,995461 | = EUR | 1 |
| --- | --- | --- | --- |
| Britisches Pfund	GBP | 0,856432 | = EUR | 1 |
| Schwedische Kronen	SEK | 10,710462 | = EUR | 1 |
| US-Dollar	USD | 1,041549 | = EUR | 1 |

 Erläuterungen zur Bewertung	
Die Anteilwerte werden in Verantwortung des Verwaltungsrats der SICAV durch die Verwaltungsgesellschaft ermittelt sowie die Bewertung der Vermögenswerte des Fondsvermögens durchgeführt. Die grundsätzliche Kursversorgung sowie die Preisvalidierung erfolgen nach den vom Verwaltungsrat der SICAV auf der Grundlage der in den gesetzlichen Bestimmungen/ Verordnungen bzw. im Prospekt der SICAV definierten Grundsätze für Bewertungsmethoden eingeführten Verfahren.
Sofern keine handelbaren Kurse vorliegen, werden Bewertungsmodelle zur Preisermittlung (abgeleitete Verkehrswerte) genutzt, die zwischen State Street Bank International GmbH, Luxembourg Branch, als externem Price Service Provider und der Verwaltungsgesellschaft abgestimmt sind und sich so weit als möglich auf Marktparameter stützen. Diese Vorgehensweise unterliegt einem permanenten Kontrollprozess. Preisauskünfte Dritter werden durch andere Preisquellen, modellhafte Rechnungen oder durch andere geeignete Verfahren auf Plausibilität geprüft.
Die in diesem Bericht ausgewiesenen Vermögenswerte werden zu abgeleiteten Verkehrswerten bewertet.
In Klammern sind die aktuellen Verwaltungsvergütungs-/Kostenpauschalsätze zum Berichtsstichtag für die im Wertpapiervermögen enthaltenen Investmentanteile aufgeführt. Das Zeichen + bedeutet, dass darüber hinaus ggf. eine erfolgsabhängige Vergütung berechnet werden kann. Da der Investmentfonds im Berichtszeitraum andere Investmentanteile („Zielfonds“) hielt, können weitere Kosten, Gebühren und Vergütungen auf Ebene des Zielfonds angefallen sein.
 Fußnoten	
* Variabler Zinssatz.
** Diese Wertpapiere sind ganz oder teilweise verliehen.
*** Die abgegrenzte Platzierungsgebühr wird über einen Zeitraum von drei Jahren abgeschrieben (entsprechend Artikel 13 f) des Verwaltungsreglements – Allgemeiner Teil des Fonds).
**** Beinhaltet, sofern vorhanden, keine Positionen mit negativem Bestand.