"KHYB Holdings","As of 2025-09-12","Holdings Are Subject To Change"
Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)"
1,Cash,3.30,,–,"808,404","808,404"
2,"GLP CHINA HOLDINGS LTD MTN 2.95 03/29/26",2.41,,XS2314779427,"600,000","591,349"
3,"STANDARD CHARTERED PLC 4.3 PERP",2.32,,USG84228EV68,"600,000","569,189"
4,"GREENTOWN CHINA HOLDINGS LTD 8.45 02/24/28",2.11,,XS2971601336,"500,000","518,701"
5,"NOMURA HOLDINGS INC 7 PERP",2.10,,US65535HCC16,"500,000","515,633"
6,"MONG DUONG FINANCE HOLDINGS BV 5 1/8 05/07/29",2.05,,USN6000DAA11,"508,200","501,914"
7,"PINGAN REAL ESTATE CAPITAL LTD MTN 3.45 07/29/26",1.99,,XS2368566829,"500,000","488,344"
8,"PIRAMAL CAPITAL & HOUSING FINANCE LTD MTN 7.8 01/29/28",1.87,,XS2863565326,"450,000","459,533"
9,"WYNN MACAU LTD 5 5/8 08/26/28",1.83,,USG98149AH33,"450,000","449,191"
10,"HEALTH & HAPPINESS H&H INTERNATIONAL HOLDINGS LTD 9 1/8 07/24/28",1.72,,XS2971969287,"400,000","421,566"
11,"MELCO RESORTS FINANCE LTD 7 5/8 04/17/32",1.71,,USG5975LAK29,"400,000","418,366"
12,"VEDANTA RESOURCES FINANCE II PLC 10 7/8 09/17/29",1.70,,USG9T27HAG93,"400,000","416,080"
13,"IRB INFRASTRUCTURE DEVELOPERS LTD 7.11 03/11/32",1.68,,XS2775699577,"400,000","412,138"
14,"MANAPPURAM FINANCE LTD MTN 7 3/8 05/12/28",1.67,,XS2821647364,"400,000","408,954"
15,"IIFL FINANCE LTD 8 3/4 07/24/28",1.67,,USY3R78RET83,"400,000","408,520"
16,"FWD GROUP HOLDINGS LTD 8.045 PERP",1.64,,XS1628340538,"400,000","401,720"
17,"PETRON CORP 5.95 PERP",1.63,,XS2330597738,"400,000","399,712"
18,"FORTUNE STAR BVI LTD 5 05/18/26",1.63,,XS2343337122,"400,000","399,099"
19,"MELCO RESORTS FINANCE LTD 5 5/8 07/17/27",1.63,,USG5975LAD85,"400,000","398,968"
20,"WYNN MACAU LTD 5 1/2 10/01/27",1.63,,USG98149AD29,"400,000","398,947"
21,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 6 04/08/26",1.63,,XS2322319398,"400,000","398,579"
22,"FWD LTD 6.675 PERP",1.62,,XS1748857379,"400,000","398,000"
23,"CA MAGNUM HOLDINGS 5 3/8 10/31/26",1.62,,USV1541CAA19,"400,000","397,375"
24,"RAKUTEN GROUP INC 5 1/8 PERP",1.62,,USJ6S87BAA66,"400,000","396,247"
25,"KRUNG THAI BANK PCL/CAYMAN ISLANDS 4.4 PERP",1.61,,XS2313655677,"400,000","395,200"
26,"FORTUNE STAR BVI LTD 5.05 01/27/27",1.61,,XS2281321799,"400,000","394,649"
27,"AXIS BANK LTD/GIFT CITY 4.1 PERP",1.60,,USY1009XAA73,"400,000","393,337"
28,"SHUI ON DEVELOPMENT HOLDING LTD 5 1/2 06/29/26",1.60,,XS2358225477,"400,000","392,735"
29,"KASIKORNBANK PCL/HONG KONG MTN 4 PERP",1.60,,XS2371174504,"400,000","391,600"
30,"INDIA CLEAN ENERGY HOLDINGS MTN 4 1/2 04/18/27",1.59,,USV4605MAA63,"400,000","390,177"
31,"MELCO RESORTS FINANCE LTD 5 3/8 12/04/29",1.59,,USG5975LAE68,"400,000","389,485"
32,"MEDCO CYPRESS TREE PTE LTD 8 5/8 05/19/30",1.57,,USY56616AA68,"360,000","385,794"
33,"LONGFOR GROUP HOLDINGS LTD 3 3/8 04/13/27",1.54,,XS2098539815,"400,000","377,994"
34,"CENTRAL PLAZA DEVELOPMENT LTD 7.15 03/21/28",1.46,,XS2867168226,"350,000","358,128"
35,"AZURE POWER ENERGY LTD 3.575 08/19/26",1.14,,USV0002UAA52,"286,323","280,110"
36,"MONGOLIAN MINING CORP 8.44 04/03/30",1.02,,XS3038559129,"250,000","250,804"
37,"SAMMAAN CAPITAL LTD 8.95 08/28/28",1.02,,XS3036089400,"250,000","250,709"
38,"SAN MIGUEL GLOBAL POWER HOLDINGS CORP 8 1/8 PERP",1.01,,XS2943809900,"250,000","248,798"
39,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 7 3/8 04/08/31",0.99,,XS2322319638,"250,000","243,569"
40,"FORTUNE STAR BVI LTD 3.95 10/02/26",0.95,,XS2357132849,"200,000","233,394"
41,"INDIA CLEANTECH ENERGY 4.7 08/10/26",0.92,,USV4606AAA17,"227,700","224,852"
42,"FORTUNE STAR BVI LTD 6.8 09/09/29",0.90,,XS3175828113,"220,000","220,858"
43,"SAN MIGUEL GLOBAL POWER HOLDINGS CORP 5.7 PERP",0.87,,XS2098881654,"214,000","213,064"
44,"VEDANTA RESOURCES FINANCE II PLC 11 1/4 12/03/31",0.87,,USG9T27HAJ33,"200,000","212,287"
45,"MGM CHINA HOLDINGS LTD 7 1/8 06/26/31",0.86,,USG60744AJ14,"200,000","210,319"
46,"HANWHA LIFE INSURANCE CO LTD 6.3 06/24/55",0.85,,USY306AXAL42,"200,000","209,050"
47,"SOFTBANK GROUP CORP 7 1/2 07/10/35",0.85,,XS3112542355,"200,000","208,576"
48,"GOLOMT BANK 11 05/20/27",0.85,,USY27906AA76,"200,000","208,463"
49,"STANDARD CHARTERED PLC 7 3/4 PERP",0.85,,USG84228FJ22,"200,000","207,495"
50,"GC TREASURY CENTER CO LTD 7 1/8 PERP",0.85,,USY3004DAE41,"200,000","207,378"
51,"GLP PTE LTD 9 3/4 05/20/28",0.84,,XS3071310059,"200,000","206,970"
52,"CHINA HONGQIAO GROUP LTD 7.05 01/10/28",0.84,,XS2968971676,"200,000","206,725"
53,"VEDANTA RESOURCES FINANCE II PLC 10 1/4 06/03/28",0.84,,USG9T27HAH76,"200,000","206,499"
54,"RAKUTEN GROUP INC 8 1/8 PERP",0.84,,USJ64264AM64,"200,000","206,389"
55,"HIKARI TSUSHIN INC 6.13 09/18/35",0.84,,XS3177521997,"200,000","205,610"
56,"DEVT BANK OF MONGOLIA 8 1/2 07/03/28",0.83,,XS3084026817,"200,000","204,750"
57,"SUMIBK 6.45 PERP",0.83,,US86562MDW73,"200,000","204,255"
58,"SHRIRAM FINANCE LTD MTN 6.15 04/03/28",0.83,,USY775M1CJ07,"200,000","203,078"
59,"MUANGTHAI CAPITAL PCL 6 7/8 09/30/28",0.82,,XS2892939575,"200,000","201,719"
60,"DIAMOND II LTD 7.95 07/28/26",0.82,,USV28479AA77,"200,000","201,616"
61,"STUDIO CITY FINANCE LTD 6 1/2 01/15/28",0.82,,USG85381AF13,"200,000","200,598"
62,"ISLAMIC REP OF PAKISTAN 6 7/8 12/05/27",0.82,,XS1729875598,"200,000","200,293"
63,"BUKIT MAKMUR MANDIRI UTAMA PT 7 3/4 02/10/26",0.81,,USY71300AB67,"200,000","199,851"
64,"BABA 0 09/15/32",0.81,,USG01719AP11,"190,000","199,173"
65,"TRADE & DEVELOPMENT BANK OF MONGOLIA LLC 8 1/2 12/23/27",0.80,,XS2958621810,"200,000","196,772"
66,"SORIK MARAPI GEOTHERMAL POWER PT 7 3/4 08/05/31",0.80,,USY7150KAA98,"192,060","196,368"
67,"WYNN MACAU LTD 5 1/8 12/15/29",0.80,,USG98149AE02,"200,000","195,141"
68,"SMC GLOBAL POWER HOLDINGS CORP 5.45 PERP",0.80,,XS2346954873,"200,000","195,082"
69,"RENEW WIND ENERGY AP2 / RENEW POWER PVT LTD OTHER 4 1/2 07/14/28",0.78,,USY7280PAA13,"200,000","192,324"
70,"STUDIO CITY FINANCE LTD 5 01/15/29",0.78,,USG85381AG95,"200,000","191,071"
71,"PKSTAN 7 7/8 03/31/36",0.77,,USY8793YAL66,"200,000","188,926"
72,"STANDARD CHARTERED PLC 4 3/4 PERP",0.76,,USG84228EP90,"200,000","187,170"
73,"LONGFOR GROUP HOLDINGS LTD 4 1/2 01/16/28",0.75,,XS1743535491,"200,000","185,103"
74,"FRANSHION BRILLIANT LTD 4 1/4 07/23/29",0.75,,XS2030348903,"200,000","184,943"
75,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 8 7/8 04/08/51",0.75,,XS2322321964,"200,000","183,094"
76,"MONGOL 4.45 07/07/31",0.74,,USY6142NAE86,"200,000","180,565"
77,"NWD MTN LTD 5 7/8 06/16/27",0.68,,XS2488074662,"200,000","167,984"
78,"NWD MTN LTD 8 5/8 02/08/28",0.68,,XS2873948702,"200,000","167,351"
79,"VANKE REAL ESTATE HONG KONG CO LTD MTN 3.975 11/09/27",0.66,,XS1713193586,"200,000","161,271"
80,"WANDA PROPERTIES GLOBAL CO LTD 11 01/12/26",0.60,,XS2577258713,"150,000","147,750"
81,"GLP PTE LTD 4 1/2 PERP",0.54,,XS2340147813,"200,000","132,175"
82,"NWD MTN LTD MTN 4 1/2 05/19/30",0.53,,XS2175969125,"200,000","129,138"