# Contents
Allianz Geldmarktfonds Spezial
Fund Assets in %
75 
60 57.2
45
30
15
0
Euro zone	UK	Norway	USA	Switzerland	Cash reserves, other
assets
| Development of net assets and | unit value in a 3-year comparison |  |
| --- | --- | --- |
|  |  | 30/06/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Net assets in EUR m |  |  |  |  |  |
| - Unit class A (EUR) | WKN: 847 627/ISIN: DE0008476276 | 153.0 | 127.0 | 133.0 | 166.3 |
| - Unit class I (EUR) | WKN: 979 730/ISIN: DE0009797308 | 38.3 | 43.2 | 32.6 | 59.2 |
| - Unit class IT (EUR) | WKN: A14 N9W/ISIN: DE000A14N9W3 | 1.5 | 0.3 | 814.19  1) | 989.29  1) |
| - Unit class P (EUR) | WKN: A14 N9X/ISIN: DE000A14N9X1 | 5.5 | 11.9 | 17.7 | 0.2 |
| Unit value in EUR |  |  |  |  |  |
| - Unit class A (EUR) | WKN: 847 627/ISIN: DE0008476276 | 45.43 | 45.66 | 46.05 | 46.50 |
| - Unit class I (EUR) | WKN: 979 730/ISIN: DE0009797308 | 878.70 | 883.37 | 891.43 | 899.90 |
| - Unit class IT (EUR) | WKN: A14 N9W/ISIN: DE000A14N9W3 | 978.36 | 982.23 | 987.66 | 989.29 |
| - Unit class P (EUR) | WKN: A14 N9X/ISIN: DE000A14N9X1 | 965.34 | 970.47 | 979.36 | 988.55 |

1) 
Not shown in EUR million due to the fund’s low volume.
| Asset overview at 30/06/2022 |  |
| --- | --- |
| Breakdown by asset category – country | Market value in EUR | % of net assets  *) |  | Breakdown by asset category – currency | Market value in EUR | % of net assets  *) |
| I. Assets |  |  |  | I. Assets |  |  |
| 1. Bonds | 145,490,853.37 | 73.36 |  | 1. Bonds | 145,490,853.37 | 73.36 |
| Germany | 13,275,170.57 | 6.70 |  | EUR | 145,490,853.37 | 73.36 |
| France | 31,464,138.07 | 15.86 |  | 2. Derivatives | 114,916.58 | 0.05 |
| The Netherlands | 10,149,627.29 | 5.12 |  | 3. Bank deposits, money market | 52,662,914.29 | 26.56 |
| Italy | 23,433,980.57 | 11.81 |  | instruments, money market funds and |  |  |
| Denmark | 1,512,985.62 | 0.76 |  | money market-related funds |  |  |
| Spain | 13,443,390.87 | 6.78 |  | 4. Other assets | 807,309.28 | 0.41 |

*) 
Minor rounding differences may be the result of percentage rounding during the calculation.
II. Liabilities	-752,304.86	-0.38
| Belgium | 4,304,915.29 | 2.17 |
| --- | --- | --- |
| Norway | 998,796.00 | 0.50 |
| Switzerland | 5,675,887.64 | 2.86 |
| UK | 12,570,397.27 | 6.34 |
| USA | 25,243,543.60 | 12.73 |
| Canada | 2,018,000.00 | 1.02 |
| Japan | 1,400,020.58 | 0.71 |
| 2. Derivatives | 114,916.58 | 0.05 |
| 3. Bank deposits, money market instruments, money market funds and | 52,662,914.29 | 26.56 |
| money market-related funds |  |  |
| 4. Other assets | 807,309.28 | 0.41 |
| II. Liabilities | -752,304.86 | -0.38 |
| III. Fund assets | 198,323,688.66 | 100.00 |

III. Fund assets	198,323,688.66	100.00

#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| Exchange-traded securities |  |  |  |  |  |  | 138,373,895.00 | 69.77 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Interest-bearing securities |  |  |  |  |  |  | 138,373,895.00 | 69.77 |
| EUR bonds |  |  |  |  |  |  | 138,373,895.00 | 69.77 |
| XS1135334800	1.0000 % Apple Inc. Notes 14/22 | EUR | 1,350,000 | 1,350,000 | 0 | % | 100.252 | 1,353,400.11 | 0.68 |
| XS0903433513	2.5000 % AT & T Inc. Notes 13/23 XS2417544991	0.6650 % Banco Bilbao Vizcaya | EUR | 1,000,000 | 1,000,000 | 0 | % | 100.675 | 1,006,753.60 | 0.51 |
| Argent. FLR MTN 21/23 XS1788584321	0.3020 % Banco Bilbao Vizcaya | EUR | 2,000,000 | 0 | 0 | % | 100.997 | 2,019,949.00 | 1.02 |
| Argent. FLR Non-Pr. MTN 18/23 XS1678372472	0.7500 % Banco Bilbao Vizcaya | EUR | 4,300,000 | 1,700,000 | 0 | % | 100.229 | 4,309,854.31 | 2.17 |
| Argent. Non-Pref. MTN 17/22 XS1608362379	0.5390 % Banco Santander S.A. | EUR | 5,700,000 | 2,600,000 | 0 | % | 100.148 | 5,708,436.00 | 2.88 |
| FLR 2nd Rank. MTN 17/23 XS1689234570	0.5320 % Banco Santander S.A. | EUR | 400,000 | 400,000 | 0 | % | 100.391 | 401,563.16 | 0.20 |
| FLR Non-Pref. MTN 17/23 BE6298043272	0.7500 % Belfius Bank S.A. Non- | EUR | 1,000,000 | 0 | 0 | % | 100.359 | 1,003,588.40 | 0.51 |
| Preferred MTN 17/22 | EUR | 3,800,000 | 2,100,000 | 0 | % | 100.114 | 3,804,331.24 | 1.92 |
| XS1105276759	1.2500 % BMW Finance N.V. MTN 14/22 | EUR | 1,000,000 | 400,000 | 0 | % | 100.195 | 1,001,946.80 | 0.51 |
| XS2010445026	0.1250 % BMW Finance N.V. MTN 19/22 | EUR | 56,000 | 56,000 | 0 | % | 100.001 | 56,000.68 | 0.03 |
| XS2055727916	0.0000 % BMW Finance N.V. MTN 19/23 | EUR | 800,000 | 800,000 | 0 | % | 99.441 | 795,530.32 | 0.40 |
| XS2102355588	0.0000 % BMW Finance N.V. MTN 20/23 XS1584041252	0.6720 % BNP Paribas S.A. FLR | EUR | 1,800,000 | 1,800,000 | 0 | % | 99.370 | 1,788,665.40 | 0.90 |
| Non-Pref. MTN 17/22 XS1823532996	0.2720 % BNP Paribas S.A. FLR | EUR | 900,000 | 900,000 | 0 | % | 100.045 | 900,406.98 | 0.45 |
| Non-Pref. MTN 18/23 | EUR | 1,771,000 | 1,771,000 | 0 | % | 100.249 | 1,775,407.66 | 0.90 |
| XS0606704558	4.5000 % BNP Paribas S.A. MTN 11/23 | EUR | 400,000 | 400,000 | 0 | % | 102.676 | 410,702.64 | 0.21 |
| XS0847433561	2.8750 % BNP Paribas S.A. MTN 12/22 | EUR | 1,130,000 | 1,130,000 | 0 | % | 100.811 | 1,139,158.99 | 0.57 |
| XS1394103789	0.7500 % BNP Paribas S.A. MTN 16/22 FR0013323672	0.3370 % BPCE S.A. FLR Non- | EUR | 350,000 | 350,000 | 0 | % | 100.202 | 350,706.65 | 0.18 |
| Preferred MTN 18/23 | EUR | 1,300,000 | 1,300,000 | 0 | % | 100.196 | 1,302,544.62 | 0.66 |
| FR0013231743	1.1250 % BPCE S.A. Non-Preferred MTN 17/23 XS1856833543	0.5000 % Bque Fédérative du | EUR | 4,000,000 | 4,000,000 | 0 | % | 100.248 | 4,009,912.00 | 2.02 |
| Cr. Mutuel MTN 18/22 | EUR | 1,500,000 | 1,500,000 | 0 | % | 100.104 | 1,501,564.35 | 0.76 |
| FR0013446580	0.3680 % Carrefour Banque FLR MTN 19/23 | EUR | 6,000,000 | 1,500,000 | 0 | % | 100.278 | 6,016,707.00 | 3.03 |
| XS1795253134	0.3310 % Citigroup Inc. FLR MTN 18/23 DE000CZ45WX9	0.6520 % Commerzbank AG | EUR | 1,700,000 | 600,000 | 0 | % | 100.148 | 1,702,518.55 | 0.86 |
| FLR MTN S.990 21/23 XS1787278008	0.2730 % Credit Agricole S.A. (Ldn | EUR | 2,000,000 | 0 | 0 | % | 101.005 | 2,020,107.80 | 1.02 |
| Br.) FLR NP.MTN 18/23 | EUR | 700,000 | 700,000 | 0 | % | 100.257 | 701,798.93 | 0.35 |
| FR0013216900	0.4240 % Danone S.A. MTN 16/22 | EUR | 900,000 | 300,000 | 0 | % | 100.032 | 900,290.79 | 0.45 |
| DK0030407986	0.2500 % Danske Bank AS MTN 17/22 XS1828028677	0.0000 % Deutsche Telekom Intl | EUR | 1,514,000 | 714,000 | 0 | % | 99.933 | 1,512,985.62 | 0.76 |
| Fin.B.V. FLR MTN 18/22 XS0525787874	4.2500 % Deutsche Telekom | EUR | 908,000 | 908,000 | 0 | % | 100.037 | 908,333.78 | 0.46 |
| Intl Fin.B.V. MTN 10/22 XS1828032513	0.6250 % Deutsche Telekom | EUR | 900,000 | 0 | 0 | % | 100.105 | 900,944.37 | 0.45 |
| Intl Fin.B.V. MTN 18/22 | EUR | 1,150,000 | 0 | 0 | % | 100.106 | 1,151,216.47 | 0.58 |
| XS1829217428	0.7500 % E.ON Intl Finance B.V. MTN 18/22 | EUR | 546,000 | 0 | 0 | % | 100.035 | 546,190.12 | 0.28 |
| XS2069380488	0.0000 % E.ON SE MTN 19/22 | EUR | 3,350,000 | 0 | 0 | % | 99.776 | 3,342,481.60 | 1.69 |
| XS2091216205	0.0000 % E.ON SE MTN 19/22 XS2001270995	0.6250 % FCA Bank S.p.A. (Irish | EUR | 3,910,000 | 0 | 0 | % | 99.944 | 3,907,829.17 | 1.97 |
| Branch) MTN 19/22 XS2109806369	0.2500 % FCA Bank S.p.A. (Irish | EUR | 4,000,000 | 1,000,000 | 0 | % | 100.048 | 4,001,909.60 | 2.02 |
| Branch) MTN 20/23 | EUR | 800,000 | 800,000 | 0 | % | 99.532 | 796,256.80 | 0.40 |
| XS2310947259	0.6860 % HSBC Bank PLC FLR MTN 21/23 | EUR | 1,500,000 | 1,500,000 | 0 | % | 100.571 | 1,508,560.95 | 0.76 |
| XS1681855539	0.0390 % HSBC Holdings PLC FLR MTN 17/23 | EUR | 7,360,000 | 5,860,000 | 0 | % | 100.019 | 7,361,419.01 | 3.71 |
| XS1577427872	1.0890 % Intesa Sanpaolo S.p.A. FLR MTN 17/23 | EUR | 300,000 | 300,000 | 0 | % | 100.609 | 301,826.88 | 0.15 |
| XS1699951767	0.7500 % Intesa Sanpaolo S.p.A. MTN 17/22 XS2031235315	1.0000 % Intesa Sanpaolo | EUR | 1,930,000 | 1,930,000 | 0 | % | 100.078 | 1,931,501.73 | 0.97 |
| S.p.A. Pref. MTN 19/22 | EUR | 1,450,000 | 350,000 | 0 | % | 100.043 | 1,450,621.62 | 0.73 |
| XS0820547825	2.7500 % JPMorgan Chase & Co. MTN 12/22 | EUR | 1,200,000 | 1,200,000 | 0 | % | 100.391 | 1,204,689.36 | 0.61 |
| XS1310493744	1.5000 % JPMorgan Chase & Co. MTN 15/22 | EUR | 500,000 | 500,000 | 0 | % | 100.385 | 501,927.35 | 0.25 |
| BE0002281500	0.2020 % KBC Groep N.V. FLR MTN 17/22 XS2059885058	0.2500 % Lloyds Bank Corporate | EUR | 500,000 | 0 | 0 | % | 100.117 | 500,584.05 | 0.25 |
| Markets MTN 19/22 | EUR | 1,480,000 | 0 | 0 | % | 100.024 | 1,480,352.09 | 0.75 |
| Explanations can be found in the footnotes below the table. |  |  |  |  |  |  |  |  |


#### Investment portfolio at 30/06/2022
ISIN	Securities	Market	Shares/	Balance  Purchases  Redemptions	Price	Market value	% of net
Units/	30/06/2022	in EUR	assets
Currency	in the period under review
| XS1280783983 FR0013405347 | 1.3750 % Lloyds Bank PLC MTN 15/22 0.1250 % LVMH Moët Henn. L. | EUR | 200,000 | 200,000 | 0 | % | 100.253 | 200,506.02 | 0.10 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS1689739347 | Vuitton SE MTN 19/23 0.6250 % Mediobanca - Bca Cred. | EUR | 500,000 | 500,000 | 0 | % | 99.865 | 499,325.55 | 0.25 |
| DE000A2R6UF7 | Fin. SpA MTN 17/22 0.0000 % Mercedes-Benz Finance | EUR | 800,000 | 800,000 | 0 | % | 100.058 | 800,460.72 | 0.40 |
| DE000A19UNN9 | Co.Ltd. MTN 19/22 0.0000 % Mercedes-Benz Int. | EUR | 1,400,000 | 1,400,000 | 0 | % | 100.001 | 1,400,020.58 | 0.71 |
|  | Fin. B.V. FLR MTN 18/23 | EUR | 2,200,000 | 0 | 0 | % | 99.972 | 2,199,390.82 | 1.11 |
| DE000A1PGWA5 | 2.3750 % Mercedes-Benz Int.Fin. B.V. MTN 12/22 | EUR | 500,000 | 500,000 | 0 | % | 100.332 | 501,658.55 | 0.25 |
| DE000A2RYD83 | 0.6250 % Mercedes-Benz Int.Fin. B.V. MTN 19/23 | EUR | 300,000 | 600,000 | 300,000 | % | 99.917 | 299,749.98 | 0.15 |
| XS1115208107 | 1.8750 % Morgan Stanley MTN 14/23 | EUR | 1,000,000 | 1,000,000 | 0 | % | 100.697 | 1,006,969.00 | 0.51 |
| XS1529838085 | 1.0000 % Morgan Stanley MTN 16/22 | EUR | 4,600,000 | 2,300,000 | 0 | % | 100.458 | 4,621,068.46 | 2.33 |
| XS1382368113 | 2.5000 % NatWest Group PLC MTN 16/23 | EUR | 2,000,000 | 2,000,000 | 0 | % | 100.978 | 2,019,559.20 | 1.02 |
| XS0827999318 | 2.5000 % Orange S.A. MTN 12/23 | EUR | 700,000 | 700,000 | 0 | % | 101.186 | 708,301.79 | 0.36 |
| XS1694212181 | 0.6250 % PSA Banque France S.A. MTN 17/22 | EUR | 4,250,000 | 1,550,000 | 0 | % | 100.091 | 4,253,849.65 | 2.14 |
| FR0013309606 | 0.0000 % RCI Banque S.A. FLR MTN 18/23 | EUR | 2,498,000 | 2,498,000 | 0 | % | 99.799 | 2,492,976.27 | 1.26 |
| IT0004801541 | 5.5000 % Republik Italien B.T.P. 12/22 | EUR | 4,000,000 | 4,000,000 | 0 | % | 100.928 | 4,037,100.00 | 2.04 |
| IT0005277444 | 0.9000 % Republik Italien B.T.P. 17/22 | EUR | 2,500,000 | 2,500,000 | 0 | % | 100.100 | 2,502,491.75 | 1.26 |
| IT0005366007 XS2437825388 | 1.0000 % Republik Italien B.T.P. 19/22 0.3050 % Royal Bank of | EUR | 100,000 | 4,500,000 | 4,400,000 | % | 100.061 | 100,060.50 | 0.05 |
| XS1781346801 | Canada FLR MTN 22/24 0.7500 % Santander Consumer | EUR | 2,000,000 | 2,000,000 | 0 | % | 100.900 | 2,018,000.00 | 1.02 |
|  | Bank AS MTN 18/23 | EUR | 1,000,000 | 1,000,000 | 0 | % | 99.880 | 998,796.00 | 0.50 |
| XS0802756683 XS1718306050 | 4.2500 % Société Générale S.A. MTN 12/22 0.5000 % Société Générale S.A. | EUR | 1,500,000 | 1,500,000 | 0 | % | 100.101 | 1,501,508.10 | 0.76 |
| XS1691349523 | Non-Pref. MTN 17/23 0.4340 % The Goldman Sachs | EUR | 3,000,000 | 3,000,000 | 0 | % | 99.966 | 2,998,976.10 | 1.51 |
| XS2338355360 | Group Inc. FLR MTN 17/23 0.5550 % The Goldman Sachs | EUR | 6,252,000 | 4,052,000 | 0 | % | 100.006 | 6,252,364.49 | 3.15 |
| XS1173867323 | Group Inc. FLR MTN 21/24 0.5730 % The Goldman Sachs | EUR | 3,000,000 | 3,000,000 | 0 | % | 100.082 | 3,002,456.70 | 1.51 |
| XS0882849507 | Group Inc. FLR MTN S.F 15/22 3.2500 % The Goldman Sachs | EUR | 800,000 | 800,000 | 0 | % | 100.045 | 800,361.60 | 0.40 |
| XS1173845436 | Group Inc. MTN 13/23 1.3750 % The Goldman Sachs | EUR | 2,125,000 | 2,125,000 | 0 | % | 101.405 | 2,154,862.41 | 1.09 |
|  | Group Inc. MTN 15/22 | EUR | 1,635,000 | 0 | 0 | % | 100.072 | 1,636,171.97 | 0.83 |
| XS1810806635 | 0.6250 % UBS AG (London Branch) MTN 18/23 | EUR | 1,250,000 | 1,250,000 | 0 | % | 100.092 | 1,251,156.00 | 0.63 |
| XS2149270477 | 0.7500 % UBS AG (London Branch) MTN 20/23 | EUR | 698,000 | 698,000 | 0 | % | 99.856 | 696,993.48 | 0.35 |
| CH0302790123 XS1754213947 | 1.7500 % UBS Group AG Notes 15/22 1.0000 % UniCredit S.p.A. Non- | EUR | 3,700,000 | 700,000 | 1,510,000 | % | 100.750 | 3,727,738.16 | 1.88 |
|  | Preferred MTN 18/23 | EUR | 4,400,000 | 4,400,000 | 0 | % | 99.990 | 4,399,544.60 | 2.22 |
| Securities admitted to or included in regulated markets |  |  |  |  |  |  | 5,807,776.34 | 2.93 |
| Interest-bearing securities |  |  |  |  |  |  | 5,807,776.34 | 2.93 |
| EUR bonds |  |  |  |  |  |  | 5,807,776.34 | 2.93 |
| XS1692396069	0.7500 % Santander Consumer |  |  |  |  |  |  |  |  |
| Bank AG MTN 17/22 | EUR | 4,000,000 | 2,700,000 | 0 | % | 100.119 | 4,004,752.00 | 2.02 |
| IT0005199267	0.4890 % UniCredit S.p.A. FLR Obbl. 16/23 | EUR | 1,803,000 | 1,803,000 | 0 | % | 100.001 | 1,803,024.34 | 0.91 |
| Unlisted securities |  |  |  |  |  |  | 1,309,182.03 | 0.66 |
| Interest-bearing securities |  |  |  |  |  |  | 1,309,182.03 | 0.66 |
| EUR bonds |  |  |  |  |  |  | 1,309,182.03 | 0.66 |
| XS1374993712	1.2750 % Intesa Sanpaolo S.p.A. FLR MTN 16/23 | EUR | 1,300,000 | 1,300,000 | 0 | % | 100.706 | 1,309,182.03 | 0.66 |
| Total securities |  |  |  |  | EUR |  | 145,490,853.37 | 73.36 |
| Derivatives |  |  |  |  |  |  |  |  |
| (The positions marked with a minus sign have been sold) |  |  |  |  |  |  |  |  |
| Swaps |  |  |  |  |  |  |  |  |
|  | Receivables/payables |  |  |  |  |  |  |  |  |
| Interest rate swaps CCP |  |  |  | 114,916.58 | 0.05 |
| IRS ESTR EUR/-0.1351% EUR / JPMORGAN_FRA / 20/12.2022 | ENCL | EUR | 8,000,000 | 8,234.92 | 0.00 |
| IRS ESTR EUR/-0.1746% EUR / JPMORGAN_FRA / 20/04.2023 | ENCL | EUR | 7,000,000 | 39,984.70 | 0.02 |
| IRS ESTR EUR/-0.19625% EUR / JPMORGAN_FRA / 17/01/2023 | ENCL | EUR | 7,000,000 | 15,059.86 | 0.01 |
| IRS ESTR EUR/-0.20604% EUR / JPMORGAN_FRA / 24/11/2022 | ENCL | EUR | 4,000,000 | 2,796.32 | 0.00 |
| IRS ESTR EUR/-0.30492% EUR / JPMORGAN_FRA / 24.09.2022 | ENCL | EUR | 9,000,000 | 361.06 | 0.00 |
| Explanations can be found in the footnotes below the table. |  |  |  |  |  |


#### Investment portfolio at 30/06/2022
| ISIN	Securities	Market	Shares/ Units/ Currency | Balance 30/06/2022 | Purchases Redemptions in the period under review |  | Price | Market value in EUR | % of net assets |
| --- | --- | --- | --- | --- | --- | --- |
| IRS ESTR EUR/-0.3089% EUR / JPMORGAN_FRA / 20/01/2023 ENCL	EUR | .	7,000,000 |  |  |  | 20,215.26 | 0.01 |
| IRS ESTR EUR/-0.31001% EUR / JPMORGAN_FRA / 07/10/2022 ENCL	EUR | .	9,300,000 |  |  |  | 1,660.87 | 0.00 |
| IRS ESTR EUR/-0.3841% EUR / JPMORGAN_FRA / 10/10/2022 ENCL	EUR | .	7,000,000 |  |  |  | 2,974.75 | 0.00 |
| IRS ESTR EUR/-0.3871% EUR / JPMORGAN_FRA / 16/10/2022 ENCL	EUR | .	7,000,000 |  |  |  | 3,773.54 | 0.00 |
| IRS ESTR EUR/-0.4521% EUR / JPMORGAN_FRA / 28/11/2022 ENCL	EUR | .	4,000,000 |  |  |  | 7,328.30 | 0.00 |
| IRS ESTR EUR/-0.45669% EUR / JPMORGAN_FRA / 10/09/2022 ENCL	EUR | .	7,000,000 |  |  |  | 1,509.89 | 0.00 |
| IRS ESTR EUR/-0.4678% EUR / JPMORGAN_FRA / 10/11/2022 ENCL	EUR | .	8,000,000 |  |  |  | 10,707.90 | 0.01 |
| IRS ESTR EUR/-0.5061% EUR / JPMORGAN_FRA / 13/08/2022 ENCL	EUR | .	7,000,000 |  |  |  | 309.21 | 0.00 |
| Total swaps |  |  | EUR |  | 114,916.58 | 0.05 |
| Bank deposits and money market and near-money market funds |  |  |  |  |  |  |  |
| Bank deposits |  |  |  |  |  |  |  |
| EUR deposits with custodial office |  |  |  |  |  |  |  |
| State Street Bank International GmbH | EUR | 20,024,644.53 |  | % | 100.000 | 20,024,644.53 | 10.09 |
| Deposits in non EU/EEA currencies |  |  |  |  |  |  |  |
|  | State Street Bank International GmbH | GBP | 7.23 |  | % | 100.000 | 8.40 | 0.00 |
| Total bank deposits | 12) 13) |  |  |  | EUR |  | 20,024,652.93 | 10.09 |
| Commercial paper |  |  |  |  |  |  |  |  |
| EUR |  |  |  |  |  |  | 18,304,749.16 | 9.24 |
| FR0127386342 | 0.0000 % Alstom S.A. CP P.17 22/22 | EUR | 2,500,000 | 2,500,000 | 0  % | 100.009 | 2,500,212.50 | 1.26 |
| XS2488071304 ES0L02208129 | 0.0000 % ENEL Finance Intl N.V. CP 22/22 0.0000 % Koenigreich Spanien | EUR | 2,500,000 | 2,500,000 | 0  % | 100.002 | 2,500,038.00 | 1.26 |
| FR0127339994 | Zero Letras d.Tesoro 21/22 0.0000 % PSA Banque France S.A. | EUR | 100,000 | 3,000,000 | 2,900,000  % | 100.064 | 100,064.42 | 0.05 |
|  | Multi-Curr.CD P.16 22/22 | EUR | 1,300,000 | 1,300,000 | 0  % | 100.041 | 1,300,533.00 | 0.66 |
| IT0005480352 | 0.0000 % Republik Italien B.O.T. 22/22 | EUR | 100,000 | 6,000,000 | 5,900,000  % | 100.049 | 100,048.97 | 0.05 |
| IT0005454860 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 2,000,000 | 1,900,000 | 0  % | 100.055 | 2,001,090.00 | 1.01 |
| IT0005452252 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 100,000 | 3,900,000 | 3,900,000  % | 100.024 | 100,024.19 | 0.05 |
| IT0005456659 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 100,000 | 2,500,000 | 2,400,000  % | 100.073 | 100,072.78 | 0.05 |
| IT0005482937 | 0.0000 % Republik Italien Zero B.O.T. 22/22 | EUR | 2,000,000 | 2,000,000 | 0  % | 100.066 | 2,001,321.80 | 1.01 |
| IT0005486755 XS2462463279 | 0.0000 % Republik Italien Zero B.O.T. 22/22 0.0000 % Vattenfall AB Multi- | EUR | 2,000,000 | 2,000,000 | 0  % | 100.051 | 2,001,010.00 | 1.01 |
| FR0126958828 | Curr.CP P.10 22/22 0.0000 % Veolia Environnement | EUR | 1,600,000 | 1,600,000 | 0  % | 100.004 | 1,600,056.00 | 0.81 |
|  | S.A. Multi-Curr.CP P.08 21/22 | EUR | 2,500,000 | 2,500,000 | 0  % | 100.011 | 2,500,262.50 | 1.26 |
| FR0127386797 | 0.0000 % Vivendi SE Multi-Curr.CP 22/22 | EUR | 1,500,000 | 1,500,000 | 0  % | 100.001 | 1,500,015.00 | 0.76 |
| Total money market paper |  |  |  | EUR | 18,304,749.16 | 9.24 |
| Money-market and near-money-market funds |  |  |  |  |  |  |
| CMC – own money market funds and money market-related funds | 14,333,512.20 7.23 |  |  |  |  |  |
| FR0013090669	Allianz Cash Facility Fund Actions Nom.I3/D | UNT | 60 | 278 | 288 EUR 92,117.870 | 5,527,072.20 | 2.79 |
| FR0013106713	Allianz Securicash SRI FCP Act.au Port.W/C | UNT | 60 | 315 | 255 EUR  146,774.000 | 8,806,440.00 | 4.44 |
| Total money market and near-money market funds |  |  |  | EUR | 14,333,512.20 | 7.23 |
| Total bank deposits and money market-related funds  30) |  |  |  | EUR | 52,662,914.29 | 26.56 |
| Other assets |  |  |  |  |  |  |
| Accrued interest | EUR | 651,418.96 |  |  | 651,418.96 | 0.33 |
| Receivables from unit transactions | EUR | 37,189.50 |  |  | 37,189.50 | 0.02 |
| Receivables from initial margin CCP | EUR | 118,700.82 |  |  | 118,700.82 | 0.06 |
| Total other assets |  |  |  | EUR | 807,309.28 | 0.41 |
| Other payables |  |  |  |  |  |  |
| Liabilities from unit transactions | EUR | -413,388.87 |  |  | -413,388.87 | -0.21 |
| Liabilities from securities transactions | EUR | -201,912.71 |  |  | -201,912.71 | -0.10 |
| Accruals | EUR | -22,898.12 |  |  | -22,898.12 | -0.01 |
| Liabilities from variation margin CCP | EUR | -114,105.16 |  |  | -114,105.16 | -0.06 |
| Total other payables |  |  |  | EUR | -752,304.86 | -0.38 |
| Fund assets |  |  |  | EUR | 198,323,688.66 | 100.00 |
| Total units in circulation of all unit classes |  |  |  | SHS | 3,419,471 |  |

12) 
These bank deposits have been transferred, in whole or in part, to a third party as collateral for centrally cleared derivatives.
13) 
These bank deposits wholly or partially include collateral for centrally cleared derivatives granted by third parties
30) 
Cash initial margins may be included in bank deposits.
| Securities |  |  | total |
| --- | --- | --- | --- |
| Total collateral granted by third parties for centrally cleared derivatives | EUR |  | 114,105.16 |
| Bank deposits | EUR | 114,105.16 |  |
| Total nominal value of the bank deposits used as collateral to third parties for centrally cleared derivatives | EUR |  | 118,700.82 |

Allianz Geldmarktfonds Spezial A (EUR)
| ISIN | DE0008476276 |
| --- | --- |
| Fund assets | 153,038,078.06 |
| Units in circulation | 3,368,663.726 |
| Unit value | 45.43 |

Allianz Geldmarktfonds Spezial I (EUR)
| ISIN | DE0009797308 |
| --- | --- |
| Fund assets | 38,334,946.11 |
| Units in circulation | 43,627.109 |
| Unit value | 878.70 |

Allianz Geldmarktfonds Spezial IT (EUR)
| ISIN | DE000A14N9W3 |
| --- | --- |
| Fund assets | 1,455,262.34 |
| Units in circulation | 1,487.447 |
| Unit value | 978.36 |

Allianz Geldmarktfonds Spezial P (EUR)
| ISIN | DE000A14N9X1 |
| --- | --- |
| Fund assets | 5,495,402.15 |
| Units in circulation | 5,692.721 |
| Unit value | 965.34 |


### Securities prices/market rates
Fund assets were valued on the basis of the following prices/market rates:
International bonds: prices as at 29/06/2022 or last known
All other assets: prices/market rates as at 30/06/2022 or last known

### Additional information on valuations
The valuation is carried out by the investment management company (IMC).
Equities, subscription rights, exchange-traded funds (ETFs), participation certificates, bonds and exchange-traded derivatives are valued at their market price, provided that a market price is available.
Bonds for which no market price is available are valued at validated broker prices or with the help of regularly reviewed models and on the basis of relevant market information.
Participation certificates for which no market prices are available are valued at the mean of the bid-ask-spread.
Derivatives and subscription rights which are not traded on the market are valued with the help of regularly reviewed models and on the basis of relevant market information.
Investment fund units are valued at the redemption price published by the relevant investment company.
Bank deposits and other assets are valued at their nominal value, term deposits at their current value and liabilities at the repayment value.
Unlisted equities and shareholdings are valued at the current value, which is carefully determined with the help of suitable valuation models, taking account of the current market situation.
The methods used to value the Fund factor in the market effects resulting from the COVID-19 pandemic and from the Russia-Ukraine war. No further adjustments were necessary at the time of preparation of the semi-annual report.
The investments reported in this semi-annual report, amounting to 89.88% of fund assets, are valued at stock market trading prices or market prices and
0.00 % at imputed current market values and/or verified brokers’ quotations. The remaining 10.12% of fund assets consists of other assets, other liabilities and cash.

#### Exchange rate(s) and/or conversion factor(s) (indirect quotation) as at 30/06/2022
UK, Pound Sterling	(GBP)	1 Euro = GBP	0.86095 ENCL LCH.Clearnet Group Limited

### Capital measures
All sales revenues resulting from capital measures (technical revenues) are reported as additions or disposals.

#### Transactions carried out during the reporting period no longer listed in the investment portfolio
– purchases and redemptions of securities, fund units and borrower’s note loans (market allocations as per reporting date):
ISIN	Securities	Shares/	Purchases	Redemptions Units/
Currency
Exchange-traded securities Interest-bearing securities EUR bonds
| XS1594368539 | 0.0300 % Banco Bilbao Vizcaya Argent. FLR MTN 17/22 | EUR | 1,000,000 | 4,200,000 |
| --- | --- | --- | --- | --- |
| XS1548914800 | 0.6250 % Banco Bilbao Vizcaya Argent. MTN 17/22 | EUR | 0 | 2,100,000 |
| XS1557268221 | 1.3750 % Banco Santander S.A. 2nd Ranking Notes 17/22 | EUR | 0 | 3,300,000 |
| XS1116480697 | 1.5000 % Barclays PLC MTN 14/22 | EUR | 3,169,000 | 5,502,000 |
| XS0877622034 | 2.3750 % BMW Finance N.V. MTN 13/23 | EUR | 800,000 | 800,000 |
| XS1363560977 | 1.0000 % BMW Finance N.V. MTN 16/22 | EUR | 0 | 1,274,000 |
| XS1823246712 | 0.5000 % BMW Finance N.V. MTN 18/22 | EUR | 1,300,000 | 1,300,000 |
| DE000A1ZZ010 | 0.6250 % BMW US Capital LLC MTN 15/22 | EUR | 0 | 2,357,000 |
| XS1637332856 | 0.5000 % British Telecommunications PLC MTN 17/22 | EUR | 700,000 | 3,250,000 |
| FR0013342664 | 0.0170 % Carrefour Banque FLR MTN 18/22 | EUR | 1,000,000 | 1,000,000 |
| XS1086835979 | 1.7500 % Carrefour S.A. MTN 14/22 | EUR | 500,000 | 1,550,000 |
| XS1957541953 | 1.3750 % Danske Bank AS Non-Preferred MTN 19/22 | EUR | 2,200,000 | 2,200,000 |
| XS1412593185 | 0.7500 % ENI S.p.A. MTN 16/22 | EUR | 0 | 3,855,000 |
| XS1881804006 | 1.0000 % FCA Bank S.p.A. (Irish Branch) MTN 18/22 | EUR | 0 | 3,817,000 |
| XS1954697923 | 1.2500 % FCA Bank S.p.A. (Irish Branch) MTN 19/22 | EUR | 1,400,000 | 4,556,000 |
| XS1379182006 | 1.5000 % HSBC Holdings PLC MTN 16/22 | EUR | 2,200,000 | 4,150,000 |
| XS1599167589 | 0.3900 % Intesa Sanpaolo S.p.A. FLR MTN 17/22 | EUR | 1,200,000 | 2,500,000 |
| XS1018032950 | 3.5000 % Intesa Sanpaolo S.p.A. MTN 14/22 | EUR | 0 | 4,600,000 |
| XS1197351577 | 1.1250 % Intesa Sanpaolo S.p.A. MTN 15/22 | EUR | 0 | 5,100,000 |
| XS1636000561 | 0.8750 % Intesa Sanpaolo S.p.A. MTN 17/22 | EUR | 0 | 2,620,000 |
| FR0013257615 | 0.3750 % LVMH Moët Henn. L. Vuitton SE MTN 17/22 | EUR | 0 | 2,116,000 |
| XS1615501837 | 0.2760 % Mediobanca - Bca Cred.Fin. SpA FLR MTN 17/22 | EUR | 4,530,000 | 4,530,000 |
| DE000A19HBM3 | 0.0000 % Mercedes-Benz Int.Fin. B.V. FLR MTN 17/22 | EUR | 0 | 700,000 |
| XS1788515861 | 0.6250 % NatWest Markets PLC MTN 18/22 | EUR | 0 | 2,070,000 |
| XS1574157357 | 0.2500 % Pfizer Inc. Notes 17/22 | EUR | 0 | 1,000,000 |
| FR0013283371 | 0.7500 % RCI Banque S.A. MTN 17/22 | EUR | 0 | 1,066,000 |
| IT0005086886 | 1.3500 % Republik Italien B.T.P. 15/22 | EUR | 2,800,000 | 2,800,000 |
| IT0005244782 | 1.2000 % Republik Italien B.T.P. 17/22 | EUR | 5,000,000 | 5,000,000 |
| IT0005104473 | 0.0030 % Republik Italien FLR C.C.T.eu 15/22 | EUR | 11,000,000 | 11,000,000 |
| IT0005434953 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 8,000,000 | 8,000,000 |
| XS1936784831 | 0.8750 % Santander Consumer Bank AS MTN 19/22 | EUR | 0 | 3,800,000 |
| XS2121250836 | 0.0280 % Santander Consumer Finance SA FLR MTN 20/22 | EUR | 0 | 2,400,000 |
| XS2107332483 | 0.0000 % The Goldman Sachs Group Inc. FLR MTN 20/23 | EUR | 2,750,000 | 8,500,000 |

Securities admitted to or included in regulated markets Interest-bearing securities
EUR bonds
DE000A190ND6	0.2500 % Mercedes-Benz Int.Fin. B.V. MTN 18/22	EUR	0	3,483,000
FR0013260486	0.0820 % RCI Banque S.A. FLR MTN 17/22	EUR	0	2,700,000
FR0012759744	1.2500 % RCI Banque S.A. MTN 15/22	EUR	1,100,000	3,700,000
Unlisted securities (unlisted securities may also include listed securities due to their final maturity date)
Interest-bearing securities EUR bonds
| XS2122422921 | 0.0000 % BMW Finance N.V. FLR MTN 20/22 | EUR | 5,000,000 | 5,000,000 |
| --- | --- | --- | --- | --- |
| FR0011223205 | 3.1250 % BNP Paribas Home Loan SFH MT Obl.Fin.Hab. 12/22 | EUR | 2,000,000 | 2,000,000 |
| FR0013241130 | 0.4850 % BPCE S.A. Non-Pref. MTN 17/22 | EUR | 0 | 2,400,000 |
| XS0304159576 | 4.7500 % Coöperatieve Rabobank U.A. MTN 07/22 | EUR | 1,700,000 | 1,700,000 |
| XS1598861588 | 0.2420 % Credit Agricole S.A. (Ldn Br.) FLR NP.MTN 17/22 | EUR | 0 | 1,400,000 |
| FR0011170091 | 4.5500 % Crédit Agricole S.A. Obligations 12/22 | EUR | 0 | 600,000 |
| XS1976946027 | 0.0000 % ING Bank N.V. FLR MTN 19/22 | EUR | 800,000 | 800,000 |
| BE0002272418 | 0.7500 % KBC Groep N.V. MTN 17/22 | EUR | 0 | 1,200,000 |
| FR0012686087 | 0.1750 % La Banq. Postale Home Loan SFH MT Obl.FinHab 15/22 | EUR | 1,000,000 | 1,000,000 |
| XS1980189028 | 0.5000 % PSA Banque France S.A. MTN 19/22 Reg.S | EUR | 0 | 5,015,000 |
| XS1586146851 | 0.2770 % Société Générale S.A. FLR MTN 17/22 | EUR | 1,000,000 | 3,000,000 |
| FR0010913780 | 4.1250 % Suez S.A. MTN 10/22 | EUR | 1,900,000 | 1,900,000 |
| FR0010474239 | 5.1250 % Veolia Environnement S.A. MTN 07/22 | EUR | 700,000 | 700,000 |
| FR0013246725 Commercial paper | 0.6720 % Veolia Environnement S.A. MTN 17/22 | EUR | 0 | 2,000,000 |

EUR	
| ISIN | Securities | Shares/ Units/ Currency | Purchases | Redemptions |
| --- | --- | --- | --- | --- |
| XS2471761523 | 0.0000 % Continental AG CP Tr.4329 22/22 | EUR | 3,500,000 | 3,500,000 |
| XS2485553940 | 0.0000 % Continental AG CP Tr.4347 22/22 | EUR | 2,500,000 | 2,500,000 |
| XS2424481625 | 0.0000 % ENEL Finance Intl N.V. CP 21/22 | EUR | 0 | 4,000,000 |
| XS2455362918 | 0.0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 1,500,000 | 1,500,000 |
| XS2463880679 | 0.0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 2,500,000 | 2,500,000 |
| XS2465950033 | 0.0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 1,500,000 | 1,500,000 |
| XS2475460817 | 0.0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 2,500,000 | 2,500,000 |
| XS2482284077 | 0.0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 2,000,000 | 2,000,000 |
| ES0L02206107 | 0.0000 % Koenigreich Spanien Zero Letras d.Tesoro 21/22 | EUR | 11,000,000 | 11,000,000 |
| IT0005447195 | 0.0000 % Republik Italien Zero B.O.T. 21/21 | EUR | 0 | 2,100,000 |
| IT0005447187 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 2,000,000 | 2,000,000 |
| IT0005454878 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 1,900,000 | 2,000,000 |
| IT0005456667 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 0 | 100,000 |
| IT0005460313 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 0 | 100,000 |
| IT0005466617 | 0.0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 3,900,000 | 4,000,000 |
| FR0127386326 | 0.0000 % Veolia Environnement S.A. Multi-Curr.CP P.08 22/22 | EUR | 2,000,000 | 2,000,000 |
|  |  |  |  |  |
|  | Securities | Shares/ |  | Volume |
|  |  | Units/ |  | in ’000 |
|  |  | Currency |  |  |
| Derivatives |  |  |  |  |

(Option premiums and/or contract volumes pertaining to opening transactions; in the case of warrants, purchases and redemptions are indicated.)
Swaps (contract volumes pertaining to opening transactions)

#### Information on target funds
Front-end loads and/or redemption fees were not charged or not paid. Management fee
Allianz Cash Facility Fund Actions Nom.I3/D	0.05% p.a.
Allianz Securicash SRI FCP Act.au Port.W/C	0.12% p.a.

Translation (ENDE, 2022-06-30):
# Inhalt
Allianz Geldmarktfonds Spezial
Entwicklung von Fondsvermögen und Anteilwert im
Struktur des Fondsvermögens in %
75 
60	57,2
45
30
15
0
Euroraum	Großbritannien	Norwegen	USA	Schweiz	Barreserve, Sonstiges
| Entwicklung von Fondsvermögen und Anteilwert im 3-Jahresvergleich |  |
| --- | --- |
|  | 30.06.2022 | 31.12.2021 | 31.12.2020 | 31.12.2019 |
| Fondsvermögen in Mio. EUR |  |  |  |  |
| - Anteilklasse A (EUR)	WKN: 847 627/ISIN: DE0008476276 | 153,0 | 127,0 | 133,0 | 166,3 |
| - Anteilklasse I (EUR)	WKN: 979 730/ISIN: DE0009797308 | 38,3 | 43,2 | 32,6 | 59,2 |
| - Anteilklasse IT (EUR)	WKN: A14 N9W/ISIN: DE000A14N9W3 | 1,5 | 0,3 | 814,9  1) | 989,29  1) |
| - Anteilklasse P (EUR)	WKN: A14 N9X/ISIN: DE000A14N9X1 | 5,5 | 11,9 | 17,7 | 0,2 |
| Anteilwert in EUR |  |  |  |  |
| - Anteilklasse A (EUR)	WKN: 847 627/ISIN: DE0008476276 | 45,43 | 45,66 | 46,05 | 46,50 |
| - Anteilklasse I (EUR)	WKN: 979 730/ISIN: DE0009797308 | 878,70 | 883,37 | 891,43 | 899,90 |
| - Anteilklasse IT (EUR)	WKN: A14 N9W/ISIN: DE000A14N9W3 | 978,36 | 982,23 | 987,66 | 989,29 |
| - Anteilklasse P (EUR)	WKN: A14 N9X/ISIN: DE000A14N9X1 | 965,34 | 970,47 | 979,36 | 988,55 |

1) 
Darstellungsweise nicht in Mio. EUR, aufgrund des geringen Fondsvermögens.
| Vermögensübersicht zum 30.06.2022 |  |
| --- | --- |
| Gliederung nach Anlagenart - Land | Kurswert in EUR | % des Fonds- vermögens  *) |  | Gliederung nach Anlagenart - Währung | Kurswert in EUR | % des Fonds- vermögens  *) |
| I. Vermögensgegenstände |  |  |  | I. Vermögensgegenstände |  |  |
| 1. Anleihen | 145.490.853,37 | 73,36 |  | 1. Anleihen | 145.490.853,37 | 73,36 |
| Deutschland | 13.275.170,57 | 6,70 |  | EUR | 145.490.853,37 | 73,36 |
| Frankreich | 31.464.138,07 | 15,86 |  | 2. Derivate | 114.916,58 | 0,05 |
| Niederlande | 10.149.627,29 | 5,12 |  | 3. Bankguthaben, Geldmarktpapiere, | 52.662.914,29 | 26,56 |
| Italien | 23.433.980,57 | 11,81 |  | Geldmarkt- und geldmarktnahe Fonds |  |  |
| Dänemark | 1.512.985,62 | 0,76 |  | 4. Sonstige Vermögensgegenstände | 807.309,28 | 0,41 |

| Spanien | 13.443.390,87 | 6,78 |
| --- | --- | --- |
| Belgien | 4.304.915,29 | 2,17 |
| Norwegen | 998.796,00 | 0,50 |
| Schweiz | 5.675.887,64 | 2,86 |
| Großbritannien | 12.570.397,27 | 6,34 |
| USA | 25.243.543,60 | 12,73 |
| Kanada | 2.018.000,00 | 1,02 |
| Japan | 1.400.020,58 | 0,71 |
| 2. Derivate | 114.916,58 | 0,05 |
| 3. Bankguthaben, Geldmarktpapiere, Geldmarkt- und geldmarktnahe Fonds | 52.662.914,29 | 26,56 |
| 4. Sonstige Vermögensgegenstände | 807.309,28 | 0,41 |
| II. Verbindlichkeiten | -752.304,86 | -0,38 |
| III. Fondsvermögen | 198.323.688,66 | 100,00 |

*) 
Durch Rundung der Prozentanteile bei der Berechnung können geringfügige Run- dungsdifferenzen entstanden sein.
II. Verbindlichkeiten	-752.304,86	-0,38
III. Fondsvermögen	198.323.688,66	100,00

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge | Kurs | Kurswert in EUR | % des Fondsver- |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Währung	im Berichtszeitraum	mögens Börsengehandelte Wertpapiere	138.373.895,00	69,77 Verzinsliche Wertpapiere	138.373.895,00	69,77 |
| EUR-Anleihen |  |  |  |  |  |  |  | 138.373.895,00 | 69,77 |
| XS1135334800 | 1,0000 % Apple Inc. Notes 14/22 | EUR | 1.350.000 | 1.350.000 | 0 | % | 100,252 | 1.353.400,11 | 0,68 |
| XS0903433513 XS2417544991 | 2,5000 % AT & T Inc. Notes 13/23 0,6650 % Banco Bilbao Vizcaya | EUR | 1.000.000 | 1.000.000 | 0 | % | 100,675 | 1.006.753,60 | 0,51 |
| XS1788584321 | Argent. FLR MTN 21/23 0,3020 % Banco Bilbao Vizcaya Ar- | EUR | 2.000.000 | 0 | 0 | % | 100,997 | 2.019.949,00 | 1,02 |
| XS1678372472 | gent. FLR Non-Pr. MTN 18/23 0,7500 % Banco Bilbao Vizcaya Ar- | EUR | 4.300.000 | 1.700.000 | 0 | % | 100,229 | 4.309.854,31 | 2,17 |
| XS1608362379 | gent. Non-Pref. MTN 17/22 0,5390 % Banco Santander S.A. | EUR | 5.700.000 | 2.600.000 | 0 | % | 100,148 | 5.708.436,00 | 2,88 |
| XS1689234570 | FLR 2nd Rank. MTN 17/23 0,5320 % Banco Santander S.A. | EUR | 400.000 | 400.000 | 0 | % | 100,391 | 401.563,16 | 0,20 |
| BE6298043272 | FLR Non-Pref. MTN 17/23 0,7500 % Belfius Bank S.A. Non- | EUR | 1.000.000 | 0 | 0 | % | 100,359 | 1.003.588,40 | 0,51 |
|  | Preferred MTN 17/22 | EUR | 3.800.000 | 2.100.000 | 0 | % | 100,114 | 3.804.331,24 | 1,92 |
| XS1105276759 | 1,2500 % BMW Finance N.V. MTN 14/22 | EUR | 1.000.000 | 400.000 | 0 | % | 100,195 | 1.001.946,80 | 0,51 |
| XS2010445026 | 0,1250 % BMW Finance N.V. MTN 19/22 | EUR | 56.000 | 56.000 | 0 | % | 100,001 | 56.000,68 | 0,03 |
| XS2055727916 | 0,0000 % BMW Finance N.V. MTN 19/23 | EUR | 800.000 | 800.000 | 0 | % | 99,441 | 795.530,32 | 0,40 |
| XS2102355588 XS1584041252 | 0,0000 % BMW Finance N.V. MTN 20/23 0,6720 % BNP Paribas S.A. FLR | EUR | 1.800.000 | 1.800.000 | 0 | % | 99,370 | 1.788.665,40 | 0,90 |
| XS1823532996 | Non-Pref. MTN 17/22 0,2720 % BNP Paribas S.A. FLR | EUR | 900.000 | 900.000 | 0 | % | 100,045 | 900.406,98 | 0,45 |
|  | Non-Pref. MTN 18/23 | EUR | 1.771.000 | 1.771.000 | 0 | % | 100,249 | 1.775.407,66 | 0,90 |
| XS0606704558 | 4,5000 % BNP Paribas S.A. MTN 11/23 | EUR | 400.000 | 400.000 | 0 | % | 102,676 | 410.702,64 | 0,21 |
| XS0847433561 | 2,8750 % BNP Paribas S.A. MTN 12/22 | EUR | 1.130.000 | 1.130.000 | 0 | % | 100,811 | 1.139.158,99 | 0,57 |
| XS1394103789 FR0013323672 | 0,7500 % BNP Paribas S.A. MTN 16/22 0,3370 % BPCE S.A. FLR Non- | EUR | 350.000 | 350.000 | 0 | % | 100,202 | 350.706,65 | 0,18 |
|  | Preferred MTN 18/23 | EUR | 1.300.000 | 1.300.000 | 0 | % | 100,196 | 1.302.544,62 | 0,66 |
| FR0013231743 XS1856833543 | 1,1250 % BPCE S.A. Non-Preferred MTN 17/23 0,5000 % Bque Fédérative du | EUR | 4.000.000 | 4.000.000 | 0 | % | 100,248 | 4.009.912,00 | 2,02 |
|  | Cr. Mutuel MTN 18/22 | EUR | 1.500.000 | 1.500.000 | 0 | % | 100,104 | 1.501.564,35 | 0,76 |
| FR0013446580 | 0,3680 % Carrefour Banque FLR MTN 19/23 | EUR | 6.000.000 | 1.500.000 | 0 | % | 100,278 | 6.016.707,00 | 3,03 |
| XS1795253134 DE000CZ45WX9 | 0,3310 % Citigroup Inc. FLR MTN 18/23 0,6520 % Commerzbank AG | EUR | 1.700.000 | 600.000 | 0 | % | 100,148 | 1.702.518,55 | 0,86 |
| XS1787278008 | FLR MTN S.990 21/23 0,2730 % Credit Agricole S.A. (Ldn | EUR | 2.000.000 | 0 | 0 | % | 101,005 | 2.020.107,80 | 1,02 |
|  | Br.) FLR NP.MTN 18/23 | EUR | 700.000 | 700.000 | 0 | % | 100,257 | 701.798,93 | 0,35 |
| FR0013216900 | 0,4240 % Danone S.A. MTN 16/22 | EUR | 900.000 | 300.000 | 0 | % | 100,032 | 900.290,79 | 0,45 |
| DK0030407986 XS1828028677 | 0,2500 % Danske Bank AS MTN 17/22 0,0000 % Deutsche Telekom Intl | EUR | 1.514.000 | 714.000 | 0 | % | 99,933 | 1.512.985,62 | 0,76 |
| XS0525787874 | Fin.B.V. FLR MTN 18/22 4,2500 % Deutsche Telekom | EUR | 908.000 | 908.000 | 0 | % | 100,037 | 908.333,78 | 0,46 |
| XS1828032513 | Intl Fin.B.V. MTN 10/22 0,6250 % Deutsche Telekom | EUR | 900.000 | 0 | 0 | % | 100,105 | 900.944,37 | 0,45 |
|  | Intl Fin.B.V. MTN 18/22 | EUR | 1.150.000 | 0 | 0 | % | 100,106 | 1.151.216,47 | 0,58 |
| XS1829217428 | 0,7500 % E.ON Intl Finance B.V. MTN 18/22 | EUR | 546.000 | 0 | 0 | % | 100,035 | 546.190,12 | 0,28 |
| XS2069380488 | 0,0000 % E.ON SE MTN 19/22 | EUR | 3.350.000 | 0 | 0 | % | 99,776 | 3.342.481,60 | 1,69 |
| XS2091216205 XS2001270995 | 0,0000 % E.ON SE MTN 19/22 0,6250 % FCA Bank S.p.A. (Irish | EUR | 3.910.000 | 0 | 0 | % | 99,944 | 3.907.829,17 | 1,97 |
| XS2109806369 | Branch) MTN 19/22 0,2500 % FCA Bank S.p.A. (Irish | EUR | 4.000.000 | 1.000.000 | 0 | % | 100,048 | 4.001.909,60 | 2,02 |
|  | Branch) MTN 20/23 | EUR | 800.000 | 800.000 | 0 | % | 99,532 | 796.256,80 | 0,40 |
| XS2310947259 | 0,6860 % HSBC Bank PLC FLR MTN 21/23 | EUR | 1.500.000 | 1.500.000 | 0 | % | 100,571 | 1.508.560,95 | 0,76 |
| XS1681855539 | 0,0390 % HSBC Holdings PLC FLR MTN 17/23 | EUR | 7.360.000 | 5.860.000 | 0 | % | 100,019 | 7.361.419,01 | 3,71 |
| XS1577427872 | 1,0890 % Intesa Sanpaolo S.p.A. FLR MTN 17/23 | EUR | 300.000 | 300.000 | 0 | % | 100,609 | 301.826,88 | 0,15 |
| XS1699951767 XS2031235315 | 0,7500 % Intesa Sanpaolo S.p.A. MTN 17/22 1,0000 % Intesa Sanpaolo | EUR | 1.930.000 | 1.930.000 | 0 | % | 100,078 | 1.931.501,73 | 0,97 |
|  | S.p.A. Pref. MTN 19/22 | EUR | 1.450.000 | 350.000 | 0 | % | 100,043 | 1.450.621,62 | 0,73 |
| XS0820547825 | 2,7500 % JPMorgan Chase & Co. MTN 12/22 | EUR | 1.200.000 | 1.200.000 | 0 | % | 100,391 | 1.204.689,36 | 0,61 |
| XS1310493744 | 1,5000 % JPMorgan Chase & Co. MTN 15/22 | EUR | 500.000 | 500.000 | 0 | % | 100,385 | 501.927,35 | 0,25 |
| BE0002281500 XS2059885058 | 0,2020 % KBC Groep N.V. FLR MTN 17/22 0,2500 % Lloyds Bank Corpo- | EUR | 500.000 | 0 | 0 | % | 100,117 | 500.584,05 | 0,25 |
|  | rate Markets MTN 19/22 | EUR | 1.480.000 | 0 | 0 | % | 100,024 | 1.480.352,09 | 0,75 |

Die Fußnotenerklärungen befinden sich am Ende der Tabelle.

#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. Währung | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge im Berichtszeitraum | Kurs | Kurswert in EUR | % des Fondsver- mögens |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| XS1280783983 | 1,3750 % Lloyds Bank PLC MTN 15/22 |  |  |  |  |  |  |  |  |
| FR0013405347 | 0,1250 % LVMH Moët Henn. L. | EUR | 200.000 | 200.000 | 0 | % | 100,253 | 200.506,02 | 0,10 |
| XS1689739347 | Vuitton SE MTN 19/23 0,6250 % Mediobanca - Bca Cred. | EUR | 500.000 | 500.000 | 0 | % | 99,865 | 499.325,55 | 0,25 |
| DE000A2R6UF7 | Fin. SpA MTN 17/22 0,0000 % Mercedes-Benz Fi- | EUR | 800.000 | 800.000 | 0 | % | 100,058 | 800.460,72 | 0,40 |
| DE000A19UNN9 | nance Co.Ltd. MTN 19/22 0,0000 % Mercedes-Benz Int. | EUR | 1.400.000 | 1.400.000 | 0 | % | 100,001 | 1.400.020,58 | 0,71 |
|  | Fin. B.V. FLR MTN 18/23 | EUR | 2.200.000 | 0 | 0 | % | 99,972 | 2.199.390,82 | 1,11 |
| DE000A1PGWA5 | 2,3750 % Mercedes-Benz Int.Fin. B.V. MTN 12/22 | EUR | 500.000 | 500.000 | 0 | % | 100,332 | 501.658,55 | 0,25 |
| DE000A2RYD83 | 0,6250 % Mercedes-Benz Int.Fin. B.V. MTN 19/23 | EUR | 300.000 | 600.000 | 300.000 | % | 99,917 | 299.749,98 | 0,15 |
| XS1115208107 | 1,8750 % Morgan Stanley MTN 14/23 | EUR | 1.000.000 | 1.000.000 | 0 | % | 100,697 | 1.006.969,00 | 0,51 |
| XS1529838085 | 1,0000 % Morgan Stanley MTN 16/22 | EUR | 4.600.000 | 2.300.000 | 0 | % | 100,458 | 4.621.068,46 | 2,33 |
| XS1382368113 | 2,5000 % NatWest Group PLC MTN 16/23 | EUR | 2.000.000 | 2.000.000 | 0 | % | 100,978 | 2.019.559,20 | 1,02 |
| XS0827999318 | 2,5000 % Orange S.A. MTN 12/23 | EUR | 700.000 | 700.000 | 0 | % | 101,186 | 708.301,79 | 0,36 |
| XS1694212181 | 0,6250 % PSA Banque France S.A. MTN 17/22 | EUR | 4.250.000 | 1.550.000 | 0 | % | 100,091 | 4.253.849,65 | 2,14 |
| FR0013309606 | 0,0000 % RCI Banque S.A. FLR MTN 18/23 | EUR | 2.498.000 | 2.498.000 | 0 | % | 99,799 | 2.492.976,27 | 1,26 |
| IT0004801541 | 5,5000 % Republik Italien B.T.P. 12/22 | EUR | 4.000.000 | 4.000.000 | 0 | % | 100,928 | 4.037.100,00 | 2,04 |
| IT0005277444 | 0,9000 % Republik Italien B.T.P. 17/22 | EUR | 2.500.000 | 2.500.000 | 0 | % | 100,100 | 2.502.491,75 | 1,26 |
| IT0005366007 XS2437825388 | 1,0000 % Republik Italien B.T.P. 19/22 0,3050 % Royal Bank of Ca- | EUR | 100.000 | 4.500.000 | 4.400.000 | % | 100,061 | 100.060,50 | 0,05 |
| XS1781346801 | nada FLR MTN 22/24 0,7500 % Santander Consu- | EUR | 2.000.000 | 2.000.000 | 0 | % | 100,900 | 2.018.000,00 | 1,02 |
|  | mer Bank AS MTN 18/23 | EUR | 1.000.000 | 1.000.000 | 0 | % | 99,880 | 998.796,00 | 0,50 |
| XS0802756683 XS1718306050 | 4,2500 % Société Générale S.A. MTN 12/22 0,5000 % Société Générale S.A. | EUR | 1.500.000 | 1.500.000 | 0 | % | 100,101 | 1.501.508,10 | 0,76 |
| XS1691349523 | Non-Pref. MTN 17/23 0,4340 % The Goldman Sachs | EUR | 3.000.000 | 3.000.000 | 0 | % | 99,966 | 2.998.976,10 | 1,51 |
| XS2338355360 | Group Inc. FLR MTN 17/23 0,5550 % The Goldman Sachs | EUR | 6.252.000 | 4.052.000 | 0 | % | 100,006 | 6.252.364,49 | 3,15 |
| XS1173867323 | Group Inc. FLR MTN 21/24 0,5730 % The Goldman Sachs | EUR | 3.000.000 | 3.000.000 | 0 | % | 100,082 | 3.002.456,70 | 1,51 |
| XS0882849507 | Group Inc. FLR MTN S.F 15/22 3,2500 % The Goldman Sachs | EUR | 800.000 | 800.000 | 0 | % | 100,045 | 800.361,60 | 0,40 |
| XS1173845436 | Group Inc. MTN 13/23 1,3750 % The Goldman Sachs | EUR | 2.125.000 | 2.125.000 | 0 | % | 101,405 | 2.154.862,41 | 1,09 |
|  | Group Inc. MTN 15/22 | EUR | 1.635.000 | 0 | 0 | % | 100,072 | 1.636.171,97 | 0,83 |
| XS1810806635 | 0,6250 % UBS AG (London Branch) MTN 18/23 | EUR | 1.250.000 | 1.250.000 | 0 | % | 100,092 | 1.251.156,00 | 0,63 |
| XS2149270477 | 0,7500 % UBS AG (London Branch) MTN 20/23 | EUR | 698.000 | 698.000 | 0 | % | 99,856 | 696.993,48 | 0,35 |
| CH0302790123 XS1754213947 | 1,7500 % UBS Group AG Notes 15/22 1,0000 % UniCredit S.p.A. Non- | EUR | 3.700.000 | 700.000 | 1.510.000 | % | 100,750 | 3.727.738,16 | 1,88 |
|  | Preferred MTN 18/23 | EUR | 4.400.000 | 4.400.000 | 0 | % | 99,990 | 4.399.544,60 | 2,22 |
| An organisierten Märkten zugelassene oder in diese einbezogene Wertpapiere |  |  |  |  |  | 5.807.776,34 | 2,93 |
| Verzinsliche Wertpapiere |  |  |  |  |  |  | 5.807.776,34 | 2,93 |
| EUR-Anleihen |  |  |  |  |  |  | 5.807.776,34 | 2,93 |
| XS1692396069	0,7500 % Santander Consu- |  |  |  |  |  |  |  |  |
| mer Bank AG MTN 17/22 | EUR | 4.000.000 | 2.700.000 | 0 | % | 100,119 | 4.004.752,00 | 2,02 |
| IT0005199267	0,4890 % UniCredit S.p.A. FLR Obbl. 16/23 | EUR | 1.803.000 | 1.803.000 | 0 | % | 100,001 | 1.803.024,34 | 0,91 |
| Nichtnotierte Wertpapiere |  |  |  |  |  |  | 1.309.182,03 | 0,66 |
| Verzinsliche Wertpapiere |  |  |  |  |  |  | 1.309.182,03 | 0,66 |
| EUR-Anleihen |  |  |  |  |  |  | 1.309.182,03 | 0,66 |
| XS1374993712	1,2750 % Intesa Sanpaolo S.p.A. FLR MTN 16/23 | EUR | 1.300.000 | 1.300.000 | 0 | % | 100,706 | 1.309.182,03 | 0,66 |
| Summe Wertpapiervermögen |  |  |  |  | EUR |  | 145.490.853,37 | 73,36 |
| Derivate (Bei den mit Minus gekennzeichneten Beständen handelt | es sich um | verkaufte Positionen) |  |  |  |  |  |

Swaps
Forderungen/ Verbindlichkeiten
| Zinsswaps CCP |  |  | 114.916,58 | 0,05 |
| --- | --- | --- | --- | --- |
| IRS ESTR EUR/-0,1351% EUR / JPMORGAN_FRA / 20.12.2022  ENCL | EUR | 8.000.000 | 8.234,92 | 0,00 |
| IRS ESTR EUR/-0,1746% EUR / JPMORGAN_FRA / 20.04.2023  ENCL | EUR | 7.000.000 | 39.984,70 | 0,02 |
| IRS ESTR EUR/-0,19625% EUR / JPMORGAN_FRA / 17.01.2023 ENCL | EUR | 7.000.000 | 15.059,86 | 0,01 |
| IRS ESTR EUR/-0,20604% EUR / JPMORGAN_FRA / 24.11.2022 ENCL | EUR | 4.000.000 | 2.796,32 | 0,00 |
| IRS ESTR EUR/-0,30492% EUR / JPMORGAN_FRA / 24.09.2022 ENCL | EUR | 9.000.000 | 361,06 | 0,00 |
| Die Fußnotenerklärungen befinden sich am Ende der Tabelle. |  |  |  |  |


#### Vermögensaufstellung zum 30.06.2022
| ISIN | Gattungsbezeichnung | Markt | Stück bzw. Anteile bzw. | Bestand 30.06.2022 | Käufe/	Verkäufe/ Zugänge	Abgänge | Kurs | Kurswert in EUR | % des Fondsver- |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  | Währung |  | im Berichtszeitraum |  |  |  | mögens |
| IRS ESTR EUR/-0,3089% EUR / JPMORGAN_FRA / 20.01.2023  ENCL | EUR | 7.000.000 |  |  |  | 20.215,26 | 0,01 |
| IRS ESTR EUR/-0,31001% EUR / JPMORGAN_FRA / 07.10.2022 ENCL | EUR | 9.300.000 |  |  |  | 1.660,87 | 0,00 |
| IRS ESTR EUR/-0,3841% EUR / JPMORGAN_FRA / 10.10.2022  ENCL | EUR | 7.000.000 |  |  |  | 2.974,75 | 0,00 |
| IRS ESTR EUR/-0,3871% EUR / JPMORGAN_FRA / 16.10.2022  ENCL | EUR | 7.000.000 |  |  |  | 3.773,54 | 0,00 |
| IRS ESTR EUR/-0,4521% EUR / JPMORGAN_FRA / 28.11.2022  ENCL | EUR | 4.000.000 |  |  |  | 7.328,30 | 0,00 |
| IRS ESTR EUR/-0,45669% EUR / JPMORGAN_FRA / 10.09.2022 ENCL | EUR | 7.000.000 |  |  |  | 1.509,89 | 0,00 |
| IRS ESTR EUR/-0,4678% EUR / JPMORGAN_FRA / 10.11.2022  ENCL | EUR | 8.000.000 |  |  |  | 10.707,90 | 0,01 |
| IRS ESTR EUR/-0,5061% EUR / JPMORGAN_FRA / 13.08.2022  ENCL | EUR | 7.000.000 |  |  |  | 309,21 | 0,00 |
| Summe Swaps |  |  |  | EUR |  | 114.916,58 | 0,05 |
| Bankguthaben und Geldmarkt- und geldmarktnahe Fonds |  |  |  |  |  |  |  |
| Bankguthaben |  |  |  |  |  |  |  |
| EUR-Guthaben bei der Verwahrstelle |  |  |  |  |  |  |  |
| State Street Bank International GmbH | EUR | 20.024.644,53 |  | % | 100,000 | 20.024.644,53 | 10,09 |
| Guthaben in Nicht-EU/EWR-Währungen |
| State Street Bank International GmbH | GBP | 7,23 |  |  | % | 100,000 | 8,40 | 0,00 |
| Summe Bankguthaben  12) 13) |  |  |  |  | EUR |  | 20.024.652,93 | 10,09 |
| Geldmarktpapiere |  |  |  |  |  |  |  |  |
| EUR |  |  |  |  |  |  | 18.304.749,16 | 9,24 |
| FR0127386342	0,0000 % Alstom S.A. CP P.17 22/22 | EUR | 2.500.000 | 2.500.000 | 0 | % | 100,009 | 2.500.212,50 | 1,26 |
| XS2488071304	0,0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 2.500.000 | 2.500.000 | 0 | % | 100,002 | 2.500.038,00 | 1,26 |
| ES0L02208129	0,0000 % Koenigreich |  |  |  |  |  |  |  |  |
| Spanien Zero Letras d.Tesoro 21/22 FR0127339994	0,0000 % PSA Banque | EUR | 100.000 | 3.000.000 | 2.900.000 | % | 100,064 | 100.064,42 | 0,05 |
| France S.A. Multi-Curr.CD P.16 22/22 | EUR | 1.300.000 | 1.300.000 | 0 | % | 100,041 | 1.300.533,00 | 0,66 |
| IT0005480352	0,0000 % Republik Italien B.O.T. 22/22 | EUR | 100.000 | 6.000.000 | 5.900.000 | % | 100,049 | 100.048,97 | 0,05 |
| IT0005454860	0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 2.000.000 | 1.900.000 | 0 | % | 100,055 | 2.001.090,00 | 1,01 |
| IT0005452252	0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 100.000 | 3.900.000 | 3.900.000 | % | 100,024 | 100.024,19 | 0,05 |
| IT0005456659	0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 100.000 | 2.500.000 | 2.400.000 | % | 100,073 | 100.072,78 | 0,05 |
| IT0005482937	0,0000 % Republik Italien Zero B.O.T. 22/22 | EUR | 2.000.000 | 2.000.000 | 0 | % | 100,066 | 2.001.321,80 | 1,01 |
| IT0005486755	0,0000 % Republik Italien Zero B.O.T. 22/22 | EUR | 2.000.000 | 2.000.000 | 0 | % | 100,051 | 2.001.010,00 | 1,01 |
| XS2462463279	0,0000 % Vattenfall AB Multi-Curr.CP P.10 22/22 | EUR | 1.600.000 | 1.600.000 | 0 | % | 100,004 | 1.600.056,00 | 0,81 |
| FR0126958828	0,0000 % Veolia Enviro | EUR | 2.500.000 | 2.500.000 | 0 | % | 100,011 | 2.500.262,50 | 1,26 |
| nement S.A. Multi-Curr.CP P.08 21/22 |  |  |  |  |  |  |  |  |
| FR0127386797	0,0000 % Vivendi SE Multi-Curr.CP 22/22 | EUR | 1.500.000 | 1.500.000 | 0 | % | 100,001 | 1.500.015,00 | 0,76 |
| Summe Geldmarktpapiere |  |  |  |  | EUR |  | 18.304.749,16 | 9,24 |
| Geldmarkt- und geldmarktnahe Fonds |  |  |  |  |  |  |  |  |
| KVG - eigene Geldmarkt- und geldmarktnahe Fonds 14.333.512,20 7,23 |  |  |  |  |  |  |  |  |
| FR0013090669	Allianz Cash Facility Fund Actions Nom.I3/D | ANT | 60 | 278 | 288 | EUR | 92.117,870 | 5.527.072,20 | 2,79 |
| FR0013106713	Allianz Securicash SRI FCP Act.au Port.W/C | ANT | 60 | 315 | 255 | EUR | 146.774,000 | 8.806.440,00 | 4,44 |
| Summe Geldmarkt- und geldmarktnahe Fonds |  |  |  |  | EUR |  | 14.333.512,20 | 7,23 |
| Summe der Bankguthaben und geldmarktnahe Fonds  30) |  |  |  |  | EUR |  | 52.662.914,29 | 26,56 |
| Sonstige Vermögensgegenstände |  |  |  |  |  |  |  |  |
| Zinsansprüche | EUR | 651.418,96 |  |  |  |  | 651.418,96 | 0,33 |
| Forderungen aus Anteilscheingeschäften | EUR | 37.189,50 |  |  |  |  | 37.189,50 | 0,02 |
| Forderungen aus Initial Margin CCP | EUR | 118.700,82 |  |  |  |  | 118.700,82 | 0,06 |
| Summe Sonstige Vermögensgegenstände |  |  |  |  | EUR |  | 807.309,28 | 0,41 |
| Sonstige Verbindlichkeiten |  |  |  |  |  |  |  |  |
| Verbindlichkeiten aus Anteilscheingeschäften | EUR | -413.388,87 |  |  |  |  | -413.388,87 | -0,21 |
| Verbindlichkeiten aus Wertpapiergeschäften | EUR | -201.912,71 |  |  |  |  | -201.912,71 | -0,10 |
| Kostenabgrenzung | EUR | -22.898,12 |  |  |  |  | -22.898,12 | -0,01 |
| Verbindlichkeiten aus Variation Margin CCP | EUR | -114.105,16 |  |  |  |  | -114.105,16 | -0,06 |
| Summe Sonstige Verbindlichkeiten |  |  |  |  | EUR |  | -752.304,86 | -0,38 |
| Fondsvermögen |  |  |  |  | EUR |  | 198.323.688,66 | 100,00 |
| Summe der umlaufenden Anteile aller Anteilklassen |  |  |  |  | STK |  | 3.419.471 |  |

12) 
Diese Bankguthaben sind ganz oder teilweise als Sicherheiten für zentral geclearte Derivate an einen Dritten übertragen worden.
13) 
Diese Bankguthaben enthalten ganz oder teilweise Sicherheiten für zentral geclearte Derivate, die von Dritten gewährt wurden.
30) 
Im Bankguthaben können Cash Initial Margin enthalten sein.
| Gattungsbezeichnung |  |  | gesamt |
| --- | --- | --- | --- |
| Gesamtbetrag der bei zentral geclearten Derivaten von Dritten gewährten Sicherheiten: | EUR |  | 114.105,16 |
| Bankguthaben | EUR | 114.105,16 |  |
| Gesamtbetrag der Nennwerte der Bankguthaben, die Dritten als Sicherheiten für zentral geclearte Derivate dienen: | EUR |  | 118.700,82 |

Allianz Geldmarktfonds Spezial A (EUR)
| ISIN | DE0008476276 |
| --- | --- |
| Fondsvermögen | 153.038.078,06 |
| Umlaufende Anteile | 3.368.663,726 |
| Anteilwert | 45,43 |

Allianz Geldmarktfonds Spezial I (EUR)
| ISIN | DE0009797308 |
| --- | --- |
| Fondsvermögen | 38.334.946,11 |
| Umlaufende Anteile | 43.627,109 |
| Anteilwert | 878,70 |

Allianz Geldmarktfonds Spezial IT (EUR)
| ISIN | DE000A14N9W3 |
| --- | --- |
| Fondsvermögen | 1.455.262,34 |
| Umlaufende Anteile | 1.487,447 |
| Anteilwert | 978,36 |

Allianz Geldmarktfonds Spezial P (EUR)
| ISIN | DE000A14N9X1 |
| --- | --- |
| Fondsvermögen | 5.495.402,15 |
| Umlaufende Anteile | 5.692,721 |
| Anteilwert | 965,34 |


### Wertpapierkurse bzw. Marktsätze
Die Vermögensgegenstände des Sondervermögens sind auf der Grundlage nachstehender Kurse/Marktsätze bewertet:
Internationale Obligationen: Kurse per 29.06.2022 oder letztbekannte
Alle anderen Vermögenswerte: Kurse bzw. Marktsätze per 30.06.2022 oder letztbekannte

### Ergänzende Anmerkung zur Bewertung
Die Bewertung erfolgt durch die Kapitalverwaltungsgesellschaft (KVG).
Aktien, Bezugsrechte, Börsennotierte Fonds (ETFs), Genussscheine, Rentenpapiere und börsengehandelte Derivate werden, sofern vorhanden, grundsätz- lich mit handelbaren Börsenkursen bewertet.
Rentenpapiere, für die keine handelbaren Börsenkurse vorliegen, werden mit validierten Kursstellungen von Brokern oder unter Einbeziehung der relevan- ten Marktinformationen im Rahmen von regelmäßig überprüften Modellen bewertet.
Genussscheine, für die keine handelbaren Börsenkurse vorliegen, werden mit dem Mittelwert von Bid- und Ask-Kurs bewertet.
Nicht börsengehandelte Derivate und Bezugsrechte werden unter Einbeziehung der relevanten Marktinformationen im Rahmen von regelmäßig über- prüften Modellen bewertet.
Investmentfondsanteile werden mit dem von der Investmentgesellschaft veröffentlichten Rücknahmepreis bewertet.
Bankguthaben und Sonstige Vermögensgegenstände werden zum Nennwert, Festgelder zum Verkehrswert und Verbindlichkeiten zum Rückzahlungsbe- trag bewertet.
Nicht notierte Aktien und Beteiligungen werden zu dem aktuellen Verkehrswert bewertet, der bei sorgfältiger Einschätzung nach geeigneten Bewertungs- modellen unter Berücksichtigung der aktuellen Marktgegebenheiten angemessen ist.
Die angewandten Verfahren zur Bewertung des Sondervermögens decken die aus der Covid-Pandemie und aus dem Russland-Ukraine-Krieg herrühren- den Marktauswirkungen ab. Darüber hinausgehende Anpassungen waren zum Zeitpunkt der Aufstellung des Halbjahresberichts nicht erforderlich.
Die in diesem Halbjahresbericht ausgewiesenen Anlagen werden i.H.v. 89,88% des Fondsvermögens mit handelbaren Börsenkursen oder Marktpreisen und 0,00% zu abgeleiteten Verkehrswerten bzw. validierten Kursstellungen von Brokern bewertet. Die verbleibenden 10,12% des Fondsvermögens beste- hen aus Sonstigen Vermögensgegenständen, Sonstigen Verbindlichkeiten sowie Barvermögen.

#### Devisenkurs(e) bzw. Konversionsfaktor(en) (in Mengennotiz) per 30.06.2022
Großbritannien, Pfund	(GBP)	1 Euro = GBP	0,86095 ENCL LCH.Clearnet Group Limited

### Kapitalmaßnahmen
Alle Umsätze, die aus Kapitalmaßnahmen hervorgehen (technische Umsätze), werden als Zu- oder Abgang ausgewiesen.

#### Während des Berichtszeitraumes abgeschlossene Geschäfte, soweit sie nicht mehr in der Vermögensaufstellung erscheinen:
- Käufe und Verkäufe in Wertpapieren, Investmentanteilen und Schuldscheindarlehen (Marktzuordnung zum Berichtsstichtag):
| ISIN | Gattungsbezeichnung | Stück bzw. | Käufe/ | Verkäufe/ |
| --- | --- | --- | --- | --- |
|  |  | Anteile bzw. Währung | Zugänge | Abgänge |

Börsengehandelte Wertpapiere Verzinsliche Wertpapiere
EUR-Anleihen
| XS1594368539 | 0,0300 % Banco Bilbao Vizcaya Argent. FLR MTN 17/22 | EUR | 1.000.000 | 4.200.000 |
| --- | --- | --- | --- | --- |
| XS1548914800 | 0,6250 % Banco Bilbao Vizcaya Argent. MTN 17/22 | EUR | 0 | 2.100.000 |
| XS1557268221 | 1,3750 % Banco Santander S.A. 2nd Ranking Notes 17/22 | EUR | 0 | 3.300.000 |
| XS1116480697 | 1,5000 % Barclays PLC MTN 14/22 | EUR | 3.169.000 | 5.502.000 |
| XS0877622034 | 2,3750 % BMW Finance N.V. MTN 13/23 | EUR | 800.000 | 800.000 |
| XS1363560977 | 1,0000 % BMW Finance N.V. MTN 16/22 | EUR | 0 | 1.274.000 |
| XS1823246712 | 0,5000 % BMW Finance N.V. MTN 18/22 | EUR | 1.300.000 | 1.300.000 |
| DE000A1ZZ010 | 0,6250 % BMW US Capital LLC MTN 15/22 | EUR | 0 | 2.357.000 |
| XS1637332856 | 0,5000 % British Telecommunications PLC MTN 17/22 | EUR | 700.000 | 3.250.000 |
| FR0013342664 | 0,0170 % Carrefour Banque FLR MTN 18/22 | EUR | 1.000.000 | 1.000.000 |
| XS1086835979 | 1,7500 % Carrefour S.A. MTN 14/22 | EUR | 500.000 | 1.550.000 |
| XS1957541953 | 1,3750 % Danske Bank AS Non-Preferred MTN 19/22 | EUR | 2.200.000 | 2.200.000 |
| XS1412593185 | 0,7500 % ENI S.p.A. MTN 16/22 | EUR | 0 | 3.855.000 |
| XS1881804006 | 1,0000 % FCA Bank S.p.A. (Irish Branch) MTN 18/22 | EUR | 0 | 3.817.000 |
| XS1954697923 | 1,2500 % FCA Bank S.p.A. (Irish Branch) MTN 19/22 | EUR | 1.400.000 | 4.556.000 |
| XS1379182006 | 1,5000 % HSBC Holdings PLC MTN 16/22 | EUR | 2.200.000 | 4.150.000 |
| XS1599167589 | 0,3900 % Intesa Sanpaolo S.p.A. FLR MTN 17/22 | EUR | 1.200.000 | 2.500.000 |
| XS1018032950 | 3,5000 % Intesa Sanpaolo S.p.A. MTN 14/22 | EUR | 0 | 4.600.000 |
| XS1197351577 | 1,1250 % Intesa Sanpaolo S.p.A. MTN 15/22 | EUR | 0 | 5.100.000 |
| XS1636000561 | 0,8750 % Intesa Sanpaolo S.p.A. MTN 17/22 | EUR | 0 | 2.620.000 |
| FR0013257615 | 0,3750 % LVMH Moët Henn. L. Vuitton SE MTN 17/22 | EUR | 0 | 2.116.000 |
| XS1615501837 | 0,2760 % Mediobanca - Bca Cred.Fin. SpA FLR MTN 17/22 | EUR | 4.530.000 | 4.530.000 |
| DE000A19HBM3 | 0,0000 % Mercedes-Benz Int.Fin. B.V. FLR MTN 17/22 | EUR | 0 | 700.000 |
| XS1788515861 | 0,6250 % NatWest Markets PLC MTN 18/22 | EUR | 0 | 2.070.000 |
| XS1574157357 | 0,2500 % Pfizer Inc. Notes 17/22 | EUR | 0 | 1.000.000 |
| FR0013283371 | 0,7500 % RCI Banque S.A. MTN 17/22 | EUR | 0 | 1.066.000 |
| IT0005086886 | 1,3500 % Republik Italien B.T.P. 15/22 | EUR | 2.800.000 | 2.800.000 |
| IT0005244782 | 1,2000 % Republik Italien B.T.P. 17/22 | EUR | 5.000.000 | 5.000.000 |
| IT0005104473 | 0,0030 % Republik Italien FLR C.C.T.eu 15/22 | EUR | 11.000.000 | 11.000.000 |
| IT0005434953 | 0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 8.000.000 | 8.000.000 |
| XS1936784831 | 0,8750 % Santander Consumer Bank AS MTN 19/22 | EUR | 0 | 3.800.000 |
| XS2121250836 | 0,0280 % Santander Consumer Finance SA FLR MTN 20/22 | EUR | 0 | 2.400.000 |
| XS2107332483 | 0,0000 % The Goldman Sachs Group Inc. FLR MTN 20/23 | EUR | 2.750.000 | 8.500.000 |

An organisierten Märkten zugelassene oder in diese einbezogene Wertpapiere Verzinsliche Wertpapiere
EUR-Anleihen
DE000A190ND6	0,2500 % Mercedes-Benz Int.Fin. B.V. MTN 18/22	EUR	0	3.483.000
FR0013260486	0,0820 % RCI Banque S.A. FLR MTN 17/22	EUR	0	2.700.000
FR0012759744	1,2500 % RCI Banque S.A. MTN 15/22	EUR	1.100.000	3.700.000
Nichtnotierte Wertpapiere (Unter den nicht notierten Wertpapieren können auch notierte Wertpapiere aufgrund ihrer Endfälligkeit ausgewiesen sein) Verzinsliche Wertpapiere
EUR-Anleihen
| XS2122422921 | 0,0000 % BMW Finance N.V. FLR MTN 20/22 | EUR | 5.000.000 | 5.000.000 |
| --- | --- | --- | --- | --- |
| FR0011223205 | 3,1250 % BNP Paribas Home Loan SFH MT Obl.Fin.Hab. 12/22 | EUR | 2.000.000 | 2.000.000 |
| FR0013241130 | 0,4850 % BPCE S.A. Non-Pref. MTN 17/22 | EUR | 0 | 2.400.000 |
| XS0304159576 | 4,7500 % Coöperatieve Rabobank U.A. MTN 07/22 | EUR | 1.700.000 | 1.700.000 |
| XS1598861588 | 0,2420 % Credit Agricole S.A. (Ldn Br.) FLR NP.MTN 17/22 | EUR | 0 | 1.400.000 |
| FR0011170091 | 4,5500 % Crédit Agricole S.A. Obligations 12/22 | EUR | 0 | 600.000 |
| XS1976946027 | 0,0000 % ING Bank N.V. FLR MTN 19/22 | EUR | 800.000 | 800.000 |
| BE0002272418 | 0,7500 % KBC Groep N.V. MTN 17/22 | EUR | 0 | 1.200.000 |
| FR0012686087 | 0,1750 % La Banq. Postale Home Loan SFH MT Obl.FinHab 15/22 | EUR | 1.000.000 | 1.000.000 |
| XS1980189028 | 0,5000 % PSA Banque France S.A. MTN 19/22 Reg.S | EUR | 0 | 5.015.000 |
| XS1586146851 | 0,2770 % Société Générale S.A. FLR MTN 17/22 | EUR | 1.000.000 | 3.000.000 |
| FR0010913780 | 4,1250 % Suez S.A. MTN 10/22 | EUR | 1.900.000 | 1.900.000 |
| FR0010474239 | 5,1250 % Veolia Environnement S.A. MTN 07/22 | EUR | 700.000 | 700.000 |
| FR0013246725 Geldmarktpapiere | 0,6720 % Veolia Environnement S.A. MTN 17/22 | EUR | 0 | 2.000.000 |

EUR	
| ISIN | Gattungsbezeichnung | Stück bzw. Anteile bzw. Währung | Käufe/ Zugänge | Verkäufe/ Abgänge |
| --- | --- | --- | --- | --- |
| XS2471761523 | 0,0000 % Continental AG CP Tr.4329 22/22 | EUR | 3.500.000 | 3.500.000 |
| XS2485553940 | 0,0000 % Continental AG CP Tr.4347 22/22 | EUR | 2.500.000 | 2.500.000 |
| XS2424481625 | 0,0000 % ENEL Finance Intl N.V. CP 21/22 | EUR | 0 | 4.000.000 |
| XS2455362918 | 0,0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 1.500.000 | 1.500.000 |
| XS2463880679 | 0,0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 2.500.000 | 2.500.000 |
| XS2465950033 | 0,0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 1.500.000 | 1.500.000 |
| XS2475460817 | 0,0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 2.500.000 | 2.500.000 |
| XS2482284077 | 0,0000 % ENEL Finance Intl N.V. CP 22/22 | EUR | 2.000.000 | 2.000.000 |
| ES0L02206107 | 0,0000 % Koenigreich Spanien Zero Letras d.Tesoro 21/22 | EUR | 11.000.000 | 11.000.000 |
| IT0005447195 | 0,0000 % Republik Italien Zero B.O.T. 21/21 | EUR | 0 | 2.100.000 |
| IT0005447187 | 0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 2.000.000 | 2.000.000 |
| IT0005454878 | 0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 1.900.000 | 2.000.000 |
| IT0005456667 | 0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 0 | 100.000 |
| IT0005460313 | 0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 0 | 100.000 |
| IT0005466617 | 0,0000 % Republik Italien Zero B.O.T. 21/22 | EUR | 3.900.000 | 4.000.000 |
| FR0127386326 | 0,0000 % Veolia Environnement S.A. Multi-Curr.CP P.08 22/22 | EUR | 2.000.000 | 2.000.000 |
|  |  |  |  |  |
|  | Gattungsbezeichnung | Stück bzw. |  | Volumen |
|  |  | Anteile bzw. |  | in 1.000 |
|  |  | Währung |  |  |
| Derivate |  |  |  |  |

(In Opening-Transaktionen umgesetzte Optionsprämien bzw. Volumen der Optionsgeschäfte, bei Optionsscheinen Angabe der Käufe und Verkäufe.)
Swaps (In Opening-Transaktionen umgesetzte Volumen)

#### Angaben zu Zielfonds
Ausgabeaufschläge und oder Rücknahmeabschläge wurden nicht erhoben und oder nicht gezahlt. Verwaltungsvergütung
Allianz Cash Facility Fund Actions Nom.I3/D	0,05% p.a.
Allianz Securicash SRI FCP Act.au Port.W/C	0,12% p.a.