"KHYB Holdings","As of 2025-08-29","Holdings Are Subject To Change"
Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)"
1,Cash,5.10,,–,"1,240,549","1,240,549"
2,"GLP CHINA HOLDINGS LTD MTN 2.95 03/29/26",2.41,,XS2314779427,"600,000","586,595"
3,"STANDARD CHARTERED PLC 4.3 PERP",2.33,,USG84228EV68,"600,000","565,704"
4,"GREENTOWN CHINA HOLDINGS LTD 8.45 02/24/28",2.13,,XS2971601336,"500,000","517,605"
5,"NOMURA HOLDINGS INC 7 PERP",2.11,,US65535HCC16,"500,000","512,498"
6,"MONG DUONG FINANCE HOLDINGS BV 5 1/8 05/07/29",2.06,,USN6000DAA11,"508,200","501,916"
7,"PINGAN REAL ESTATE CAPITAL LTD MTN 3.45 07/29/26",2.01,,XS2368566829,"500,000","488,402"
8,"PIRAMAL CAPITAL & HOUSING FINANCE LTD MTN 7.8 01/29/28",1.88,,XS2863565326,"450,000","457,738"
9,"WYNN MACAU LTD 5 5/8 08/26/28",1.84,,USG98149AH33,"450,000","447,489"
10,"HEALTH & HAPPINESS H&H INTERNATIONAL HOLDINGS LTD 9 1/8 07/24/28",1.72,,XS2971969287,"400,000","418,920"
11,"MELCO RESORTS FINANCE LTD 7 5/8 04/17/32",1.71,,USG5975LAK29,"400,000","416,154"
12,"VEDANTA RESOURCES FINANCE II PLC 10 7/8 09/17/29",1.69,,USG9T27HAG93,"400,000","410,667"
13,"IRB INFRASTRUCTURE DEVELOPERS LTD 7.11 03/11/32",1.69,,XS2775699577,"400,000","409,784"
14,"MANAPPURAM FINANCE LTD MTN 7 3/8 05/12/28",1.68,,XS2821647364,"400,000","408,076"
15,"IIFL FINANCE LTD 8 3/4 07/24/28",1.67,,USY3R78RET83,"400,000","404,880"
16,"FWD GROUP HOLDINGS LTD 8.045 PERP",1.66,,XS1628340538,"400,000","402,450"
17,"FRANSHION BRILLIANT LTD 6 PERP",1.65,,XS2292974065,"400,000","400,058"
18,"MELCO RESORTS FINANCE LTD 5 5/8 07/17/27",1.64,,USG5975LAD85,"400,000","399,946"
19,"PETRON CORP 5.95 PERP",1.64,,XS2330597738,"400,000","399,870"
20,"WYNN MACAU LTD 5 1/2 10/01/27",1.64,,USG98149AD29,"400,000","399,154"
21,"FWD LTD 6.675 PERP",1.64,,XS1748857379,"400,000","399,000"
22,"FORTUNE STAR BVI LTD 5 05/18/26",1.64,,XS2343337122,"400,000","397,834"
23,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 6 04/08/26",1.64,,XS2322319398,"400,000","397,715"
24,"CA MAGNUM HOLDINGS 5 3/8 10/31/26",1.63,,USV1541CAA19,"400,000","397,495"
25,"RAKUTEN GROUP INC 5 1/8 PERP",1.63,,USJ6S87BAA66,"400,000","396,591"
26,"KRUNG THAI BANK PCL/CAYMAN ISLANDS 4.4 PERP",1.63,,XS2313655677,"400,000","396,560"
27,"FORTUNE STAR BVI LTD 5.05 01/27/27",1.62,,XS2281321799,"400,000","394,912"
28,"AXIS BANK LTD/GIFT CITY 4.1 PERP",1.62,,USY1009XAA73,"400,000","393,639"
29,"KASIKORNBANK PCL/HONG KONG MTN 4 PERP",1.61,,XS2371174504,"400,000","392,078"
30,"SHUI ON DEVELOPMENT HOLDING LTD 5 1/2 06/29/26",1.60,,XS2358225477,"400,000","389,726"
31,"INDIA CLEAN ENERGY HOLDINGS MTN 4 1/2 04/18/27",1.60,,USV4605MAA63,"400,000","388,433"
32,"MELCO RESORTS FINANCE LTD 5 3/8 12/04/29",1.58,,USG5975LAE68,"400,000","385,078"
33,"MEDCO CYPRESS TREE PTE LTD 8 5/8 05/19/30",1.58,,USY56616AA68,"360,000","383,761"
34,"LONGFOR GROUP HOLDINGS LTD 3 3/8 04/13/27",1.53,,XS2098539815,"400,000","372,188"
35,"CENTRAL PLAZA DEVELOPMENT LTD 7.15 03/21/28",1.47,,XS2867168226,"350,000","358,044"
36,"AZURE POWER ENERGY LTD 3.575 08/19/26",1.15,,USV0002UAA52,"286,323","278,915"
37,"ISLAMIC REP OF PAKISTAN 8 1/4 09/30/25",1.03,,XS1299811486,"250,000","250,223"
38,"SAMMAAN CAPITAL LTD 8.95 08/28/28",1.02,,XS3036089400,"250,000","249,015"
39,"SAN MIGUEL GLOBAL POWER HOLDINGS CORP 8 1/8 PERP",1.01,,XS2943809900,"250,000","246,747"
40,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 7 3/8 04/08/31",0.97,,XS2322319638,"250,000","236,174"
41,"FORTUNE STAR BVI LTD 3.95 10/02/26",0.95,,XS2357132849,"200,000","232,016"
42,"INDIA CLEANTECH ENERGY 4.7 08/10/26",0.92,,USV4606AAA17,"227,700","224,824"
43,"SAN MIGUEL GLOBAL POWER HOLDINGS CORP 5.7 PERP",0.87,,XS2098881654,"214,000","212,379"
44,"NICKEL INDUSTRIES LTD 11 1/4 10/21/28",0.87,,USQ67949AC34,"200,000","210,347"
45,"VEDANTA RESOURCES FINANCE II PLC 11 1/4 12/03/31",0.86,,USG9T27HAJ33,"200,000","209,951"
46,"MGM CHINA HOLDINGS LTD 7 1/8 06/26/31",0.86,,USG60744AJ14,"200,000","208,636"
47,"GOLOMT BANK 11 05/20/27",0.86,,USY27906AA76,"200,000","208,629"
48,"HANWHA LIFE INSURANCE CO LTD 6.3 06/24/55",0.86,,USY306AXAL42,"200,000","208,059"
49,"STANDARD CHARTERED PLC 7 3/4 PERP",0.85,,USG84228FJ22,"200,000","207,370"
50,"CHINA HONGQIAO GROUP LTD 7.05 01/10/28",0.85,,XS2968971676,"200,000","207,010"
51,"VEDANTA RESOURCES FINANCE II PLC 10 1/4 06/03/28",0.85,,USG9T27HAH76,"200,000","206,117"
52,"GLP PTE LTD 9 3/4 05/20/28",0.85,,XS3071310059,"200,000","206,100"
53,"MEIJI YASUDA LIFE INSURANCE CO 6.1 06/11/55",0.85,,USJ41838AQ65,"200,000","205,917"
54,"RAKUTEN GROUP INC 8 1/8 PERP",0.85,,USJ64264AM64,"200,000","205,563"
55,"NTT FINANCE CORP Float 07/16/30",0.84,,USJ5S39RAT18,"200,000","204,248"
56,"DEVT BANK OF MONGOLIA 8 1/2 07/03/28",0.83,,XS3084026817,"200,000","203,012"
57,"SHRIRAM FINANCE LTD MTN 6.15 04/03/28",0.83,,USY775M1CJ07,"200,000","202,561"
58,"DIAMOND II LTD 7.95 07/28/26",0.83,,USV28479AA77,"200,000","201,599"
59,"MUANGTHAI CAPITAL PCL 6 7/8 09/30/28",0.83,,XS2892939575,"200,000","201,520"
60,"WYNN MACAU LTD 5 1/2 01/15/26",0.82,,USG98149AG59,"200,000","200,000"
61,"BUKIT MAKMUR MANDIRI UTAMA PT 7 3/4 02/10/26",0.82,,USY71300AB67,"200,000","199,798"
62,"STUDIO CITY FINANCE LTD 6 1/2 01/15/28",0.82,,USG85381AF13,"200,000","199,359"
63,"ISLAMIC REP OF PAKISTAN 6 7/8 12/05/27",0.81,,XS1729875598,"200,000","197,379"
64,"TRADE & DEVELOPMENT BANK OF MONGOLIA LLC 8 1/2 12/23/27",0.81,,XS2958621810,"200,000","195,788"
65,"SORIK MARAPI GEOTHERMAL POWER PT 7 3/4 08/05/31",0.80,,USY7150KAA98,"192,060","195,477"
66,"SMC GLOBAL POWER HOLDINGS CORP 5.45 PERP",0.80,,XS2346954873,"200,000","194,579"
67,"WYNN MACAU LTD 5 1/8 12/15/29",0.79,,USG98149AE02,"200,000","192,864"
68,"RENEW WIND ENERGY AP2 / RENEW POWER PVT LTD OTHER 4 1/2 07/14/28",0.79,,USY7280PAA13,"200,000","191,836"
69,"STUDIO CITY FINANCE LTD 5 01/15/29",0.78,,USG85381AG95,"200,000","189,523"
70,"STANDARD CHARTERED PLC 4 3/4 PERP",0.76,,USG84228EP90,"200,000","184,503"
71,"FRANSHION BRILLIANT LTD 4 1/4 07/23/29",0.76,,XS2030348903,"200,000","183,755"
72,"LONGFOR GROUP HOLDINGS LTD 4 1/2 01/16/28",0.75,,XS1743535491,"200,000","183,447"
73,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 8 7/8 04/08/51",0.72,,XS2322321964,"200,000","176,191"
74,"VANKE REAL ESTATE HONG KONG CO LTD MTN 3.975 11/09/27",0.67,,XS1713193586,"200,000","163,709"
75,"NWD MTN LTD 8 5/8 02/08/28",0.65,,XS2873948702,"200,000","157,659"
76,"NWD MTN LTD 5 7/8 06/16/27",0.64,,XS2488074662,"200,000","156,308"
77,"WANDA PROPERTIES GLOBAL CO LTD 11 01/12/26",0.60,,XS2577258713,"150,000","146,625"
78,"NWD FINANCE BVI LTD 5 1/4 PERP",0.52,,XS2132986741,"400,000","127,000"