# EDGAR Filing Document

**Accession Number:** 0001124459
**File Stem:** 0002071691-26-014416
**Filing Date:** 2026-6
**Character Count:** 77858
**Document Hash:** f2e3b711dd91dce820c2e9967a104688
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-014416.hdr.sgml**: 20260624

**ACCESSION NUMBER**: 0002071691-26-014416

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260624

**DATE AS OF CHANGE**: 20260624

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Global Trust
- **CENTRAL INDEX KEY:** 0001124459

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10157
- **FILM NUMBER:** 261113764

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN GLOBAL TRUST
- **DATE OF NAME CHANGE:** 20000922

## Series and Classes Contracts Data

### Franklin Emerging Market Debt Opportunities Fund (Series ID: S000012347)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000033574 | Franklin Emerging Market Debt Opportunities Fund | FEMDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin Global Trust

- **b. Investment Company Act file number:** 811-10157

- **c. CIK number of Registrant:** 0001124459

- **d. LEI of Registrant:** 549300QA68NBC3L2Z719

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Franklin Emerging Market Debt Opportunities Fund

- **b. EDGAR series identifier (if any):** S000012347

- **c. LEI of Series:** XGXXG3CR7RLU46NINB35

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $149065432.75

**Total Liabilities:** $1730464.85

**Net Assets:** $147334967.90

**Amount of Assets Invested in Other Investment Companies:** $2297326.34

**Cash Not Reported:** $307351.99

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** -504.37000000 | **5-Year:** -2058.08000000 | **10-Year:** -5890.37000000 | **30-Year:** -4445.06000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -91.66000000 | **1-Year:** -1770.59000000 | **5-Year:** -17543.57000000 | **10-Year:** -17607.28000000 | **30-Year:** -9487.93000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000033574 | 1.25%                | -3.00%               | 4.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $113087.51               | $598280.70                                 |
| Month 2  | $-28475.76               | $-5533297.42                               |
| Month 3  | $114066.19               | $4760531.71                                |

**Designated Index Information**

- **Index Name:** Custom Franklin Emerging Market Debt Opportunities (Master) Index

- **Index Identifier:** HB0927

### Schedule of Portfolio Investments

| Name                                                       | Title                                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |     Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Adani Electricity Mumbai Ltd.                              | Adani Electricity Mumbai Ltd.                                              | CUSIP: 00654GAA1<br>LEI: 335800AIC1B5EBFVUC38 | Long             | DBT              | CORP              | IN        |     1760000 | PA      | $1663694.03   | 1.13%             | 2030-02-12      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ADM Elektrik Dagitim A/S                                   | ADM Elektrik Dagitim A/S                                                   | CUSIP: 00710QAA1<br>LEI: 984500CB836F7EC9CF60 | Long             | DBT              | CORP              | TR        |      700000 | PA      | $688748.60    | 0.47%             | 2031-02-05      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Alfa Bank AO Via Alfa Bond Issuance plc                    | Alfa Bank AO Via Alfa Bond Issuance plc                                    | CUSIP: 01538RAF6<br>LEI: 54930015QM0G7XTNYR27 | Long             | DBT              | CORP              | IE        |     1000000 | PA      | $0.00         | 0.00%             | 2030-04-15      | Floating      | 5.95%                 | No            |                  3 | On Loan: No      |
| Ambipar Lux SARL                                           | Ambipar Lux SARL                                                           | CUSIP: 02319WAA9<br>LEI: 9845008C0E14F9BDEK55 | Long             | DBT              | CORP              | LU        |      671000 | PA      | $125812.50    | 0.09%             | 2031-02-06      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Ambipar Lux SARL                                           | Ambipar Lux SARL                                                           | CUSIP: 02319WAB7<br>LEI: 9845008C0E14F9BDEK55 | Long             | DBT              | CORP              | LU        |      600000 | PA      | $90750.00     | 0.06%             | 2033-02-05      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Republic of Angola                                         | Angola Government Bond                                                     | CUSIP: 035198AC4<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     1800000 | PA      | $1757779.87   | 1.19%             | 2048-05-08      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                                         | Angola Government Bond                                                     | CUSIP: 035198AF7<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |     1697000 | PA      | $1770420.84   | 1.20%             | 2032-04-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                     | Egypt Government Bond                                                      | CUSIP: 03846JAC4<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |     1310000 | PA      | $1043337.71   | 0.71%             | 2061-02-16      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                     | Egypt Government Bond                                                      | CUSIP: 03846JAE0<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |      875000 | PA      | $849117.25    | 0.58%             | 2033-09-30      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Argentine Republic (The)                                   | Argentina Government Bond                                                  | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     1435000 | PA      | $1072662.50   | 0.73%             | 2035-07-09      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Argentine Republic (The)                                   | Argentina Government Bond                                                  | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |      882343 | PA      | $788373.47    | 0.54%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Republic of Armenia                                        | Armenia Government Bond                                                    | CUSIP: 042207AD2<br>LEI: 5299000H77JSW90G7935 | Long             | DBT              | NUSS              | AM        |     1600000 | PA      | $1473383.09   | 1.00%             | 2031-02-02      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Banque Ouest Africaine de Developpement                    | Banque Ouest Africaine de Developpement                                    | CUSIP: 06675QAE3<br>LEI: 529900LIZJABE4JJS826 | Long             | DBT              | NUSS              | US        |      700000 | PA      | $699910.14    | 0.48%             | 2055-02-13      | Fixed         | 8.20%                 | No            |                  2 | On Loan: No      |
| Benin Government Bond                                      | Benin Government Bond                                                      | CUSIP: 08205QAA6<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |      400000 | PA      | $412071.27    | 0.28%             | 2038-02-13      | Fixed         | 7.96%                 | No            |                  2 | On Loan: No      |
| Benin Government International Bond                        | Benin Government Bond                                                      | CUSIP: 08205QAC2<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |     1600000 | PA      | $1668238.38   | 1.13%             | 2041-01-23      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Braskem Idesa SAPI                                         | Braskem Idesa SAPI                                                         | CUSIP: 10554NAB4<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |     1640000 | PA      | $1153633.40   | 0.78%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                              | Brazil Government Bond                                                     | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     1870000 | PA      | $1390345.00   | 0.94%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| N/A                                                        | Forward Foreign Currency Contract                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-138771.11   | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                        | Forward Foreign Currency Contract                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-4653.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                        | Forward Foreign Currency Contract                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-10162.58    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                        | Forward Foreign Currency Contract                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | N/A       |           1 | NC      | $-1892.59     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Provincia del Chubut Argentina                             | Argentina Provincia del Chubut                                             | CUSIP: 17127LAA3<br>LEI: 529900V5CYYSD8ADKQ03 | Long             | DBT              | NUSS              | AR        |      867703 | PA      | $865533.43    | 0.59%             | 2030-07-26      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Provincia del Chubut Argentina                             | Argentina Provincia del Chubut                                             | CUSIP: 17127LAB1<br>LEI: 529900V5CYYSD8ADKQ03 | Long             | DBT              | NUSS              | AR        |     1500000 | PA      | $1548750.00   | 1.05%             | 2036-04-29      | Fixed         | 9.45%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                       | Colombia Government Bond                                                   | CUSIP: 195325EG6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |      480000 | PA      | $503280.00    | 0.34%             | 2034-02-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                           | Venezuela Government Bond                                                  | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             |  | CORP              | VE        |      925920 | NS      | $2299153.80   | 1.56%             |  |  |  | No            |                  3 | On Loan: No      |
| Republic of Cote d'Ivoire                                  | Ivory Coast Government Bond                                                | CUSIP: 221625AU0<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      600000 | PA      | $644150.15    | 0.44%             | 2037-01-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Digicel International Finance Ltd. / DIFL US LLC           | Digicel International Finance Ltd. / DIFL US LLC                           | CUSIP: 25381MAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     1250000 | PA      | $1301307.50   | 0.88%             | 2032-08-01      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Ardshinbank CJSC Via Dilijan Finance BV                    | Ardshinbank CJSC Via Dilijan Finance BV                                    | CUSIP: 254032AD7<br>LEI: 549300DCGXFXAP2FEV07 | Long             | DBT              | CORP              | NL        |      700000 | PA      | $704835.14    | 0.48%             | 2031-01-22      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                         | Dominican Republic Government Bond                                         | CUSIP: 25714PEB0<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      850000 | PA      | $814640.00    | 0.55%             | 2049-06-05      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                         | Dominican Republic Government Bond                                         | CUSIP: 25714PFB9<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      800000 | PA      | $835880.00    | 0.57%             | 2037-03-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                               | Ecopetrol SA                                                               | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | NUSS              | CO        |      950000 | PA      | $856475.83    | 0.58%             | 2031-11-02      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Republic of El Salvador                                    | El Salvador Government Bond                                                | CUSIP: 283875CD2<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |     1200000 | PA      | $49200.00     | 0.03%             | 2030-04-17      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Federal Democratic Republic of Ethiopia                    | Ethiopia Government Bond                                                   | CUSIP: 29766LAA4<br>LEI: N/A                  | Long             | DBT              | NUSS              | ET        |     2700000 | PA      | $2780952.21   | 1.89%             | 2024-12-11      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Frigorifico Concepcion SA                                  | Frigorifico Concepcion SA                                                  | CUSIP: 358648AA1<br>LEI: 529900Q6VZVL47QJCQ91 | Long             | DBT              | CORP              | PY        |     1700000 | PA      | $442000.00    | 0.30%             | 2028-07-21      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| Gabonese Republic                                          | Gabon Government Bond                                                      | CUSIP: 362420AD3<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |     1540000 | PA      | $1302079.70   | 0.88%             | 2031-02-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Gabonese Republic                                          | Gabon Government Bond                                                      | CUSIP: 362420AE1<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |     2250000 | PA      | $1872356.38   | 1.27%             | 2031-11-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| GDZ Elektrik Dagitim A/S                                   | GDZ Elektrik Dagitim A/S                                                   | CUSIP: 36270TAA1<br>LEI: 984500B63B5766038A64 | Long             | DBT              | CORP              | TR        |      700000 | PA      | $680533.07    | 0.46%             | 2029-10-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Gabonese Republic                                          | Gabon Government Bond                                                      | CUSIP: 362420AD3<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |      300000 | PA      | $253651.89    | 0.17%             | 2031-02-06      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Global Distressed Alpha Fund III LP                        | Global Distressed Alpha Fund III LP                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      566888 | PA      | $0.00         | 0.00%             | 2049-02-20      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Hashemite Kingdom of Jordan                                | Jordan Government Bond                                                     | CUSIP: 418097AJ0<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     1450000 | PA      | $1401457.73   | 0.95%             | 2047-10-10      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Hashemite Kingdom of Jordan                                | Jordan Government Bond                                                     | CUSIP: 418097AL5<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |     1400000 | PA      | $1396849.64   | 0.95%             | 2030-07-07      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Heritage Petroleum Co. Ltd.                                | Heritage Petroleum Co. Ltd.                                                | CUSIP: 42727GAA6<br>LEI: 25490055MYPABN06OA04 | Long             | DBT              | CORP              | TT        |     1350000 | PA      | $1381185.00   | 0.94%             | 2029-08-12      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Republic of Honduras                                       | Honduras Government Bond                                                   | CUSIP: 438180AJ0<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |     1445000 | PA      | $1442875.85   | 0.98%             | 2030-06-24      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| IHS Holding Ltd.                                           | IHS Holding Ltd.                                                           | CUSIP: 44963HAD7<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |      650000 | PA      | $680490.62    | 0.46%             | 2031-11-29      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund   | Franklin Institutional U.S. Government Money Market Fund                   | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |     6371499 | NS      | $6371499.21   | 4.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Istanbul Metropolitan Municipality                         | Istanbul Metropolitan Municipality                                         | CUSIP: 46522TAB4<br>LEI: 213800T1VDQSNKA2MD76 | Long             | DBT              | NUSS              | TR        |      250000 | PA      | $261776.69    | 0.18%             | 2027-04-12      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Istanbul Metropolitan Municipality                         | Istanbul Metropolitan Municipality                                         | CUSIP: 46522TAC2<br>LEI: 213800T1VDQSNKA2MD76 | Long             | DBT              | NUSS              | TR        |     1245000 | PA      | $1349631.18   | 0.92%             | 2028-12-06      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| KazMunayGas National Co. JSC                               | KazMunayGas National Co. JSC                                               | CUSIP: 48667QAP0<br>LEI: 2138001H1M69RFJCSH88 | Long             | DBT              | CORP              | KZ        |     1450000 | PA      | $1386171.75   | 0.94%             | 2047-04-19      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Global Distressed Alpha Fund III LP                        | Global Distressed Alpha Fund III LP                                        | CUSIP: N/A<br>LEI: N/A                        | Long             |  |  | BM        |     4424861 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Global Distressed Alpha Fund III LP                        | Global Distressed Alpha Fund III LP                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     1159009 | PA      | $0.00         | 0.00%             | 2049-02-20      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Kosmos Energy Ltd.                                         | Kosmos Energy Ltd.                                                         | CUSIP: 500688AJ5<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |     2100000 | PA      | $1941996.00   | 1.32%             | 2031-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Limak Yenilenebilir Enerji A/S                             | Limak Yenilenebilir Enerji A/S                                             | CUSIP: 53263MAA0<br>LEI: 789000WFO2FHRONHFN18 | Long             | DBT              | CORP              | TR        |      700000 | PA      | $700244.26    | 0.48%             | 2030-08-12      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Limak Iskenderun Uluslararasi Liman Isletmeciligi A/S      | Limak Iskenderun Uluslararasi Liman Isletmeciligi A/S                      | CUSIP: 53263TAA5<br>LEI: 5299001DUZ9PI7TCRC47 | Long             | DBT              | CORP              | TR        |      666988 | PA      | $675578.75    | 0.46%             | 2036-07-10      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| MC Brazil Downstream Trading SARL                          | MC Brazil Downstream Trading SARL                                          | CUSIP: 55292WAA8<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |     1087402 | PA      | $1017615.46   | 0.69%             | 2031-06-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Astana Finance JSC                                         | Astana Finance JSC                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KZ        |      193625 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Global Distressed Alpha Fund III LP                        | Global Distressed Alpha Fund III LP                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      125152 | PA      | $0.00         | 0.00%             | 2049-02-20      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Tunisian Republic Bond                                     | Tunisia Government Bond                                                    | CUSIP: N/A<br>LEI: 254900B5LFB16S9T2T11       | Long             | DBT              | NUSS              | TN        |   350000000 | PA      | $1947197.36   | 1.32%             | 2031-03-17      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PA Autopista Rio Magdalena                                 | PA Autopista Rio Magdalena                                                 | CUSIP: 69313QAA7<br>LEI: 549300DOJDJENE63OG19 | Long             | DBT              | CORP              | CO        |  3770618492 | PA      | $862731.50    | 0.59%             | 2036-06-15      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| Islamic Republic of Pakistan                               | Pakistan Government Bond                                                   | CUSIP: 695847AT0<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |     1510000 | PA      | $1457741.26   | 0.99%             | 2031-04-08      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| K2016470219 South Africa Ltd.                              | K2016470219 South Africa Ltd., Escrow Account, Class D                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |      275106 | NS      | $4354.15      | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Petroleos Mexicanos                                        | Petroleos Mexicanos                                                        | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | NUSS              | MX        |     2050000 | PA      | $2057964.25   | 1.40%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| Grenada                                                    | Grenada Government Bond                                                    | CUSIP: 38373UAE2<br>LEI: N/A                  | Long             | DBT              | NUSS              | GD        |      646897 | PA      | $625872.62    | 0.42%             | 2030-05-12      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Telecommunications Services of Trinidad & Tobago Ltd.      | Telecommunications Services of Trinidad & Tobago Ltd.                      | CUSIP: 87929TAA9<br>LEI: 5299007N4G3EZWXAMB76 | Long             | DBT              | CORP              | TT        |      370000 | PA      | $378132.60    | 0.26%             | 2029-10-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Mozambique International Bond                              | Mozambique Government Bond                                                 | CUSIP: N/A<br>LEI: 213800759WLKYIKPER73       | Long             | DBT              | NUSS              | MZ        |     2271000 | PA      | $1866475.67   | 1.27%             | 2031-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                   | South Africa Government Bond                                               | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |     1600000 | PA      | $1293621.17   | 0.88%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Suriname Government International Bond                     | Suriname Government Bond                                                   | CUSIP: 86886PAF9<br>LEI: 254900SYU4G5JM13TN77 | Long             | DBT              | NUSS              | SR        |     1400000 | PA      | $1521380.00   | 1.03%             | 2035-11-06      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Telecommunications Services of Trinidad & Tobago Ltd.      | Telecommunications Services of Trinidad & Tobago Ltd.                      | CUSIP: 87929TAA9<br>LEI: 5299007N4G3EZWXAMB76 | Long             | DBT              | CORP              | TT        |      600000 | PA      | $613187.99    | 0.42%             | 2029-10-18      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Provincia de Tierra Del Fuego Argentina                    | Argentina Provincia de Tierra del Fuego                                    | CUSIP: 886516AC7<br>LEI: N/A                  | Long             | DBT              | NUSS              | AR        |      290386 | PA      | $289660.30    | 0.20%             | 2030-01-21      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| Republic of Turkiye (The)                                  | Turkiye Government Bond                                                    | CUSIP: 900123CB4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |     1800000 | PA      | $1311170.20   | 0.89%             | 2043-04-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Republic of Iraq                                           | Iraq Government Bond                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | IQ        |     2121875 | PA      | $2081220.66   | 1.41%             | 2028-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Ukraine                                                    | Ukraine Government Bond                                                    | CUSIP: 903724CA8<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      758281 | PA      | $466083.15    | 0.32%             | 2034-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ukraine                                                    | Ukraine Government Bond                                                    | CUSIP: 903724CB6<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      639491 | PA      | $387161.17    | 0.26%             | 2035-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ukraine                                                    | Ukraine Government Bond                                                    | CUSIP: 903724CC4<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      693632 | PA      | $412415.73    | 0.28%             | 2036-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ukraine                                                    | Ukraine Government Bond                                                    | CUSIP: 903724CF7<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      265892 | PA      | $135860.14    | 0.09%             | 2035-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Ukraine                                                    | Ukraine Government Bond                                                    | CUSIP: 903724CG5<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |      221577 | PA      | $113314.50    | 0.08%             | 2036-02-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Uzbekneftegaz JSC                                          | Uzbekneftegaz JSC                                                          | CUSIP: 91825MAC7<br>LEI: 213800LUZJZFLJD4MJ51 | Long             | DBT              | NUSS              | UZ        |     1350000 | PA      | $1455077.47   | 0.99%             | 2030-05-07      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| K2016470219 South Africa Ltd.                              | K2016470219 South Africa Ltd.                                              | CUSIP: N/A<br>LEI: 378900DECAC8CFA88345       | Long             | DBT              | CORP              | ZA        |     4842864 | PA      | $0.00         | 0.00%             | 2022-12-31      | Fixed         | 3.00%                 | No            |                  3 | On Loan: No      |
| K2016470260 South Africa Ltd.                              | K2016470260 South Africa Ltd.                                              | CUSIP: N/A<br>LEI: 3789003E1C22310B3356       | Long             | DBT              | CORP              | ZA        |     2133302 | PA      | $0.00         | 0.00%             | 2022-12-31      | Fixed         | 25.00%                | No            |                  3 | On Loan: No      |
| Global Distressed Alpha Fund III LP                        | Global Distressed Alpha Fund III LP                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | BM        |       80178 | PA      | $0.00         | 0.00%             | 2049-02-20      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Global Distressed Alpha Fund III LP                        | Global Distressed Alpha Fund III LP                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |      110110 | PA      | $0.00         | 0.00%             | 2049-02-20      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Bolivarian Republic of Venezuela                           | Venezuela Government Bond                                                  | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |     3000000 | PA      | $1424250.00   | 0.97%             | 2025-04-21      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Republic of El Salvador                                    | El Salvador Government Bond                                                | CUSIP: N/A<br>LEI: 529900AKDMUSFSDOM949       | Long             | DBT              | NUSS              | SV        |     2900000 | PA      | $2983520.00   | 2.02%             | 2035-06-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| Bolivarian Republic of Venezuela                           | Venezuela Government Bond                                                  | CUSIP: N/A<br>LEI: 529900XM8PJTJK5OJI77       | Long             | DBT              | NUSS              | VE        |      720000 | PA      | $312300.00    | 0.21%             | 2020-12-09      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Republic of Iraq                                           | Iraq Government Bond                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | IQ        |     1378125 | PA      | $1351720.63   | 0.92%             | 2028-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Country Garden Holdings Co. Ltd.                           | Country Garden Holdings Co. Ltd.                                           | CUSIP: N/A<br>LEI: 549300MGHLPT1EFHGF84       | Long             | EC               | CORP              | KY        |        5820 | NS      | $217.42       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Sphynx Capital Markets PCC                                 | Sphynx Capital Markets PCC (National Investment Bank of Ghana), Series PTN | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | MU        |     8000000 | PA      | $0.00         | 0.00%             | 2009-02-05      | Fixed         | 0.00%                 | Yes           |                  3 | On Loan: No      |
| Federative Republic of Brazil Bond                         | Brazil Government Bond                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | BR        |    15614505 | PA      | $2883582.06   | 1.96%             | 2035-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Braskem America Finance Co.                                | Braskem America Finance Co.                                                | CUSIP: N/A<br>LEI: 254900QMQAJ26H49CL75       | Long             | DBT              | CORP              | US        |      740000 | PA      | $421337.50    | 0.29%             | 2041-07-22      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                      | Mexican Bonos Desarr Fixed Rate, Series M                                  | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    16120000 | PA      | $886347.84    | 0.60%             | 2031-05-29      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                                   | South Africa Government Bond                                               | CUSIP: N/A<br>LEI: 378900AAFB4F17004C49       | Long             | DBT              | NUSS              | ZA        |    39690000 | PA      | $2252526.39   | 1.53%             | 2048-02-28      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Provincia de Neuquen Argentina                             | Provincia de Neuquen Argentina                                             | CUSIP: N/A<br>LEI: 549300X5HUL4FRDNBN35       | Long             | DBT              | NUSS              | AR        |           0 | PA      | $0.00         | 0.00%             | 2030-05-12      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Argentina Provincia del Chubut                             | Argentina Provincia del Chubut                                             | CUSIP: 17127LAA3<br>LEI: 529900V5CYYSD8ADKQ03 | Long             | DBT              | NUSS              | AR        |       81141 | PA      | $80937.70     | 0.05%             | 2030-07-26      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| United Mexican States                                      | Mexican Bonos Desarr Fixed Rate, Series M                                  | CUSIP: N/A<br>LEI: 254900EGTWEU67VP6075       | Long             | DBT              | NUSS              | MX        |    54182500 | PA      | $2618251.94   | 1.78%             | 2047-11-07      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                | Nigeria Government Bond                                                    | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |      900000 | PA      | $880210.22    | 0.60%             | 2047-11-28      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Hungary                                                    | Hungary Government Bond                                                    | CUSIP: N/A<br>LEI: 5299003F3UFKGCCMAP43       | Long             | DBT              | NUSS              | HU        |   359700000 | PA      | $860346.32    | 0.58%             | 2038-10-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                     | Kazakhstan MEUKAM                                                          | CUSIP: N/A<br>LEI: 5493007OEK8EF02UO833       | Long             | DBT              | NUSS              | KZ        |   215520000 | PA      | $406713.07    | 0.28%             | 2027-10-24      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                     | Kazakhstan MEUKAM                                                          | CUSIP: N/A<br>LEI: 5493007OEK8EF02UO833       | Long             | DBT              | NUSS              | KZ        |   870900000 | PA      | $1543861.14   | 1.05%             | 2028-04-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mozambique International Bond                              | Mozambique Government Bond                                                 | CUSIP: N/A<br>LEI: 213800759WLKYIKPER73       | Long             | DBT              | NUSS              | MZ        |      200000 | PA      | $164374.78    | 0.11%             | 2031-09-15      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Tunisian Republic Bond                                     | Tunisia Government Bond                                                    | CUSIP: N/A<br>LEI: 254900B5LFB16S9T2T11       | Long             | DBT              | NUSS              | TN        |      700000 | PA      | $818882.92    | 0.56%             | 2026-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Republic of Guatemala                                      | Guatemala Government Bond                                                  | CUSIP: N/A<br>LEI: 529900QKDFFU9UWW5315       | Long             | DBT              | NUSS              | GT        |     1500000 | PA      | $1503600.00   | 1.02%             | 2050-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Republic of Bulgaria                                       | Bulgaria Government Bond                                                   | CUSIP: N/A<br>LEI: 529900PG0XCL4LICL838       | Long             | DBT              | NUSS              | BG        |      250000 | PA      | $304852.02    | 0.21%             | 2029-09-23      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Republic of Cameroon International Bond                    | Cameroon Government Bond                                                   | CUSIP: N/A<br>LEI: 54930021BO6NHYGBBV24       | Long             | DBT              | NUSS              | CM        |     2130000 | PA      | $2231076.44   | 1.51%             | 2032-07-07      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan International Bond                  | Uzbekistan Government Bond                                                 | CUSIP: 91824PAB3<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |  4230000000 | PA      | $375645.72    | 0.25%             | 2027-05-29      | Fixed         | 16.62%                | No            |                  2 | On Loan: No      |
| Republic of Bulgaria                                       | Bulgaria Government Bond                                                   | CUSIP: N/A<br>LEI: 529900PG0XCL4LICL838       | Long             | DBT              | NUSS              | BG        |     1990000 | PA      | $1285054.97   | 0.87%             | 2050-09-23      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| Republic of Uganda                                         | Uganda Government Bond                                                     | CUSIP: N/A<br>LEI: 549300NF1DEFHG8XLQ11       | Long             | DBT              | NUSS              | UG        |  5343300000 | PA      | $1448500.23   | 0.98%             | 2029-08-23      | Fixed         | 14.25%                | No            |                  2 | On Loan: No      |
| Benin Government International Bond                        | Benin Government Bond                                                      | CUSIP: N/A<br>LEI: 635400Q11P6AE5A5Y230       | Long             | DBT              | NUSS              | BJ        |      683000 | PA      | $772427.48    | 0.52%             | 2032-01-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Corp. Andina de Fomento                                    | Corp. Andina de Fomento                                                    | CUSIP: N/A<br>LEI: UKZ46SXGNYCZK0UOZE76       | Long             | DBT              | NUSS              | MX        |     8630000 | PA      | $467529.16    | 0.32%             | 2030-06-10      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Petra Diamonds US Treasury plc                             | Petra Diamonds US Treasury plc                                             | CUSIP: N/A<br>LEI: 635400LZYOO6WHAO2H58       | Long             | DBT              | CORP              | GB        |     1415350 | PA      | $810551.78    | 0.55%             | 2030-03-08      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                                         | Dominican Republic Government Bond                                         | CUSIP: 25714PES3<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    41650000 | PA      | $838437.62    | 0.57%             | 2033-02-03      | Fixed         | 13.62%                | No            |                  2 | On Loan: No      |
| Republic of Cote d'Ivoire                                  | Ivory Coast Government Bond                                                | CUSIP: N/A<br>LEI: 254900ICW11T82O6H590       | Long             | DBT              | NUSS              | CI        |     2456000 | PA      | $2772787.59   | 1.88%             | 2032-01-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                            | Inter-American Development Bank                                            | CUSIP: N/A<br>LEI: VKU1UKDS9E7LYLMACP54       | Long             | DBT              | NUSS              | IN        |    47000000 | PA      | $484985.58    | 0.33%             | 2029-01-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Argentine Republic (The)                                   | Argentina Government Bond                                                  | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |      400000 | PA      | $299000.00    | 0.20%             | 2035-07-09      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                       | Colombia Titulos de Tesoreria, Series B                                    | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  2315000000 | PA      | $587788.55    | 0.40%             | 2029-08-22      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan International Bond                  | Uzbekistan Government Bond                                                 | CUSIP: 91824PAD9<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |  8100000000 | PA      | $729153.99    | 0.49%             | 2028-02-25      | Fixed         | 15.50%                | No            |                  2 | On Loan: No      |
| Petra Diamonds Ltd.                                        | Petra Diamonds Ltd.                                                        | CUSIP: N/A<br>LEI: 213800X4QZIAVSA12860       | Long             | EC               | CORP              | BM        |       96243 | NS      | $22656.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Congolese International Bond                               | Congo Government Bond                                                      | CUSIP: N/A<br>LEI: 529900BXT90HR4QTB688       | Long             | DBT              | NUSS              | CG        |     1600000 | PA      | $1603610.37   | 1.09%             | 2032-11-07      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Asian Infrastructure Investment Bank (The)                 | Asian Infrastructure Investment Bank (The)                                 | CUSIP: N/A<br>LEI: 25490065OSV2524LCR32       | Long             | DBT              | NUSS              | IN        |    57600000 | PA      | $592156.50    | 0.40%             | 2029-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Democratic Socialist Republic of Sri Lanka                 | Sri Lanka Government Bond                                                  | CUSIP: N/A<br>LEI: 254900IG6Y30I2QE2R92       | Long             | DBT              | NUSS              | LK        |      122000 | PA      | $94208.18     | 0.06%             | 2035-06-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                       | Colombia Titulos de Tesoreria, Series B                                    | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |  1932400000 | PA      | $513340.28    | 0.35%             | 2033-02-09      | Fixed         | 13.25%                | No            |                  2 | On Loan: No      |
| Ipoteka-Bank ATIB                                          | Ipoteka-Bank ATIB                                                          | CUSIP: N/A<br>LEI: 213800UWVX5JSNXJS434       | Long             | DBT              | CORP              | UZ        |  2500000000 | PA      | $220411.94    | 0.15%             | 2027-04-25      | Fixed         | 20.50%                | No            |                  2 | On Loan: No      |
| Government of Jamaica (The)                                | Jamaica Government Bond                                                    | CUSIP: 470160CF7<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |    78500000 | PA      | $527673.91    | 0.36%             | 2030-11-03      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Romania                                                    | Romania Government Bond                                                    | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |      445000 | PA      | $522690.04    | 0.35%             | 2032-05-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Inter-American Development Bank                            | Inter-American Development Bank                                            | CUSIP: N/A<br>LEI: VKU1UKDS9E7LYLMACP54       | Long             | DBT              | NUSS              | IN        |    17000000 | PA      | $177879.85    | 0.12%             | 2030-10-06      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| Federative Republic of Brazil                              | Brazil Notas do Tesouro Nacional                                           | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     4600000 | PA      | $761639.38    | 0.52%             | 2035-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Braskem Netherlands Finance BV                             | Braskem Netherlands Finance BV                                             | CUSIP: N/A<br>LEI: 2549000TLMHFQ74DS330       | Long             | DBT              | CORP              | NL        |      770000 | PA      | $450942.80    | 0.31%             | 2034-10-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                     | Egypt Government Bond                                                      | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    18000000 | PA      | $339973.25    | 0.23%             | 2027-08-13      | Fixed         | 25.32%                | No            |                  2 | On Loan: No      |
| Republic of Turkiye (The)                                  | Turkiye Government Bond                                                    | CUSIP: N/A<br>LEI: 5493000PCHOG3B6S3Q85       | Long             | DBT              | NUSS              | TR        |   120998000 | PA      | $2659355.57   | 1.80%             | 2026-08-12      | Fixed         | 36.00%                | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                     | Kazakhstan MEOKAM                                                          | CUSIP: N/A<br>LEI: 5493007OEK8EF02UO833       | Long             | DBT              | NUSS              | KZ        |   319489000 | PA      | $678651.50    | 0.46%             | 2026-08-04      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| Saderea DAC                                                | Saderea DAC                                                                | CUSIP: N/A<br>LEI: 635400IPZLZJ55ANED20       | Long             | DBT              | CORP              | IE        |     2265332 | PA      | $2423905.66   | 1.65%             | 2026-11-30      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| Romania                                                    | Romania Government Bond                                                    | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     1370000 | PA      | $1568061.34   | 1.06%             | 2036-02-22      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Republic of Bulgaria                                       | Bulgaria Government Bond                                                   | CUSIP: N/A<br>LEI: 529900PG0XCL4LICL838       | Long             | DBT              | NUSS              | BG        |      700000 | PA      | $831136.13    | 0.56%             | 2032-09-05      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Ipoteka-Bank ATIB                                          | Ipoteka-Bank ATIB                                                          | CUSIP: N/A<br>LEI: 213800UWVX5JSNXJS434       | Long             | DBT              | CORP              | UZ        |  2510000000 | PA      | $217348.54    | 0.15%             | 2028-10-09      | Fixed         | 17.50%                | No            |                  2 | On Loan: No      |
| Federal Democratic Republic of Ethiopia                    | Ethiopia Government Bond                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | ET        |      620000 | PA      | $638589.03    | 0.43%             | 2024-12-11      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Republic of Montenegro                                     | Montenegro Government Bond                                                 | CUSIP: N/A<br>LEI: 747800V014106FYLL014       | Long             | DBT              | NUSS              | ME        |     1290000 | PA      | $1524085.36   | 1.03%             | 2032-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Republic of North Macedonia                                | North Macedonia Government Bond                                            | CUSIP: N/A<br>LEI: 635400RD1N6RVNCE4958       | Long             | DBT              | NUSS              | MK        |      360000 | PA      | $412145.05    | 0.28%             | 2034-01-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                     | Egypt Government Bond                                                      | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    11032000 | PA      | $204353.92    | 0.14%             | 2027-10-01      | Fixed         | 24.46%                | No            |                  2 | On Loan: No      |
| European Bank for Reconstruction & Development             | European Bank for Reconstruction & Development                             | CUSIP: N/A<br>LEI: 549300HTGDOVDU6OGK19       | Long             | DBT              | NUSS              | AZ        |      400000 | PA      | $239914.39    | 0.16%             | 2028-06-26      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Republic of Srpska International Government Bond           | Srpska Government Bond                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | BA        |     1500000 | PA      | $1786249.97   | 1.21%             | 2031-04-02      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Country Garden Holdings Co. Ltd.                           | Country Garden Holdings Co. Ltd., Series AI                                | CUSIP: N/A<br>LEI: 549300MGHLPT1EFHGF84       | Long             | DBT              | CORP              | KY        |      719660 | PA      | $76931.65     | 0.05%             | 2031-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Country Garden Holdings Co. Ltd.                           | Country Garden Holdings Co. Ltd., Series AI                                | CUSIP: N/A<br>LEI: 549300MGHLPT1EFHGF84       | Long             | DBT              | CORP              | KY        |       29925 | PA      | $972.56       | 0.00%             | 2034-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Romania                                                    | Romania Government Bond                                                    | CUSIP: N/A<br>LEI: 315700IASY927EDWBK92       | Long             | DBT              | NUSS              | RO        |     1450000 | PA      | $1462197.63   | 0.99%             | 2035-10-29      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Colombian Peso                                             | Colombian Peso                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CO        |      488014 | OU      | $134.13       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Egyptian Pound                                             | Egyptian Pound                                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | EG        |       96355 | OU      | $1797.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                                       | EURO                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |         195 | OU      | $228.97       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rupiah                                                     | Rupiah                                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ID        |           0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yen                                                        | Yen                                                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | JP        |          -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenge                                                      | Tenge                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | KZ        |    43544998 | OU      | $93991.81     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mexican Peso                                               | Mexican Peso                                                               | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | MX        |          -0 | OU      | $-0.02        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Naira                                                      | Naira                                                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NG        |      356088 | OU      | $258.83       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Kazakhstan                                     | Kazakhstan MEKKAM                                                          | CUSIP: N/A<br>LEI: 5493007OEK8EF02UO833       | Long             | STIV             | NUSS              | KZ        |   170000000 | PA      | $365451.17    | 0.25%             | 2026-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                                          | Ghana Government Bond                                                      | CUSIP: N/A<br>LEI: 213800PP4399SNNXZ126       | Long             | DBT              | NUSS              | GH        |      600000 | PA      | $552164.60    | 0.37%             | 2035-07-03      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| International Finance Corp.                                | International Finance Corp.                                                | CUSIP: N/A<br>LEI: QKL54NQY28TCDAI75F60       | Long             | DBT              | NUSS              | AZ        |      500000 | PA      | $301231.81    | 0.20%             | 2027-07-23      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Corp. Andina de Fomento                                    | Corp. Andina de Fomento                                                    | CUSIP: N/A<br>LEI: UKZ46SXGNYCZK0UOZE76       | Long             | DBT              | NUSS              | MN        |  4900000000 | PA      | $1369863.01   | 0.93%             | 2029-05-07      | Fixed         | 10.20%                | No            |                  2 | On Loan: No      |
| Nuevo Sol                                                  | Nuevo Sol                                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | PE        |           3 | OU      | $0.74         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Russian Ruble                                              | Russian Ruble                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | RU        |       19080 | OU      | $254.57       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Uganda Shilling                                            | Uganda Shilling                                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | UG        |     2732522 | OU      | $725.52       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominican Republic                                         | Dominican Republic Government Bond                                         | CUSIP: 25714PES3<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    29000000 | PA      | $583786.10    | 0.40%             | 2033-02-03      | Fixed         | 13.62%                | No            |                  2 | On Loan: No      |
| Republic of Kazakhstan                                     | Kazakhstan MEOKAM                                                          | CUSIP: N/A<br>LEI: 5493007OEK8EF02UO833       | Long             | DBT              | NUSS              | KZ        |   394713000 | PA      | $842179.82    | 0.57%             | 2026-09-16      | Fixed         | 13.90%                | No            |                  2 | On Loan: No      |
| Republic of Uzbekistan International Bond                  | Uzbekistan Government Bond                                                 | CUSIP: 91824PAB3<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        | 12500000000 | PA      | $1110064.19   | 0.75%             | 2027-05-29      | Fixed         | 16.62%                | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                     | Egypt Government Bond                                                      | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    23000000 | PA      | $434410.26    | 0.29%             | 2027-08-13      | Fixed         | 25.32%                | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                     | Egypt Government Bond                                                      | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | DBT              | NUSS              | EG        |    66275000 | PA      | $1227660.97   | 0.83%             | 2027-10-01      | Fixed         | 24.46%                | No            |                  2 | On Loan: No      |
| Argentina Bonos del Tesoro Nacional Capitalizable en Pesos | Argentina Bonos del Tesoro Nacional Capitalizable en Pesos                 | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | AR        |  1720000000 | PA      | $1216908.84   | 0.83%             | 2026-06-30      | Fixed         | 24.08%                | No            |                  2 | On Loan: No      |
| Federal Republic of Nigeria                                | Nigeria Government Bond                                                    | CUSIP: N/A<br>LEI: 549300GSBZD84TNEQ285       | Long             | DBT              | NUSS              | NG        |  2479414000 | PA      | $1899336.68   | 1.29%             | 2032-06-25      | Fixed         | 17.95%                | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                                     | Egypt Treasury Bills                                                       | CUSIP: N/A<br>LEI: 529900GFIVH4086NMH82       | Long             | STIV             | NUSS              | EG        |    18500000 | PA      | $330086.02    | 0.22%             | 2026-07-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                                       | Colombia Government Bond                                                   | CUSIP: N/A<br>LEI: 549300MHDRBVRF6B9117       | Long             | DBT              | NUSS              | CO        |      600000 | PA      | $684604.72    | 0.46%             | 2034-11-26      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Petra Diamonds Ltd.                                        | Petra Diamonds Ltd.                                                        | CUSIP: N/A<br>LEI: 213800X4QZIAVSA12860       | Long             |  | CORP              | BM        |      339904 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Ukraine                                                    | Ukraine Government Bond                                                    | CUSIP: 903724CH3<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |     2881000 | PA      | $2212234.59   | 1.50%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Country Garden Holdings Co. Ltd.                           | Country Garden Holdings Co. Ltd., Series AI                                | CUSIP: N/A<br>LEI: 549300MGHLPT1EFHGF84       | Long             | DBT              | CORP              | KY        |      988619 | PA      | $80424.16     | 0.05%             | 2036-12-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Country Garden Holdings Co. Ltd.                           | Country Garden Holdings Co. Ltd., Series AI                                | CUSIP: N/A<br>LEI: 549300MGHLPT1EFHGF84       | Long             | DBT              | CORP              | KY        |      347370 | PA      | $49065.99     | 0.03%             | 2032-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Country Garden Holdings Co. Ltd.                           | Country Garden Holdings Co. Ltd., Series AI                                | CUSIP: N/A<br>LEI: 549300MGHLPT1EFHGF84       | Long             | DBT              | CORP              | KY        |       55575 | PA      | $4584.94      | 0.00%             | 2034-12-31      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Nigerian Petroleum Corp.                                   | Nigerian Petroleum Corp.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | NUSS              | NG        |     2000000 | PA      | $1969761.00   | 1.34%             | 2030-12-15      | Fixed         | 10.67%                | No            |                  3 | On Loan: No      |
| European Bank for Reconstruction & Development             | European Bank for Reconstruction & Development                             | CUSIP: N/A<br>LEI: 549300HTGDOVDU6OGK19       | Long             | DBT              | NUSS              | ZA        |   115600000 | PA      | $869444.97    | 0.59%             | 2046-01-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rand                                                       | Rand                                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | ZA        |           0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Franklin Global Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer