"KHYB Holdings","As of 2025-09-26","Holdings Are Subject To Change"
Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)"
1,Cash,5.50,,–,"1,344,599","1,344,599"
2,"GLP CHINA HOLDINGS LTD MTN 2.95 03/29/26",2.42,,XS2314779427,"600,000","590,734"
3,"STANDARD CHARTERED PLC 4.3 PERP",2.32,,USG84228EV68,"600,000","567,345"
4,"NOMURA HOLDINGS INC 7 PERP",2.12,,US65535HCC16,"500,000","517,892"
5,"GREENTOWN CHINA HOLDINGS LTD 8.45 02/24/28",2.11,,XS2971601336,"500,000","516,296"
6,"MONG DUONG FINANCE HOLDINGS BV 5 1/8 05/07/29",2.05,,USN6000DAA11,"508,200","502,137"
7,"PINGAN REAL ESTATE CAPITAL LTD MTN 3.45 07/29/26",2.00,,XS2368566829,"500,000","488,172"
8,"PIRAMAL CAPITAL & HOUSING FINANCE LTD MTN 7.8 01/29/28",1.88,,XS2863565326,"450,000","460,692"
9,"WYNN MACAU LTD 5 5/8 08/26/28",1.83,,USG98149AH33,"450,000","448,464"
10,"HEALTH & HAPPINESS H&H INTERNATIONAL HOLDINGS LTD 9 1/8 07/24/28",1.74,,XS2971969287,"400,000","425,013"
11,"MELCO RESORTS FINANCE LTD 7 5/8 04/17/32",1.72,,USG5975LAK29,"400,000","419,472"
12,"VEDANTA RESOURCES FINANCE II PLC 10 7/8 09/17/29",1.70,,USG9T27HAG93,"400,000","416,360"
13,"IRB INFRASTRUCTURE DEVELOPERS LTD 7.11 03/11/32",1.70,,XS2775699577,"400,000","415,094"
14,"PETRON CORP 7.35 PERP",1.69,,XS3178401793,"400,000","412,511"
15,"MANAPPURAM FINANCE LTD MTN 7 3/8 05/12/28",1.67,,XS2821647364,"400,000","409,168"
16,"IIFL FINANCE LTD 8 3/4 07/24/28",1.67,,USY3R78RET83,"400,000","408,500"
17,"FWD GROUP HOLDINGS LTD 8.045 PERP",1.64,,XS1628340538,"400,000","400,960"
18,"FWD LTD 6.675 PERP",1.64,,XS1748857379,"400,000","400,579"
19,"MELCO RESORTS FINANCE LTD 5 5/8 07/17/27",1.64,,USG5975LAD85,"400,000","399,926"
20,"WYNN MACAU LTD 5 1/2 10/01/27",1.63,,USG98149AD29,"400,000","399,344"
21,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 6 04/08/26",1.63,,XS2322319398,"400,000","399,000"
22,"CA MAGNUM HOLDINGS 5 3/8 10/31/26",1.63,,USV1541CAA19,"400,000","398,702"
23,"RAKUTEN GROUP INC 5 1/8 PERP",1.63,,USJ6S87BAA66,"400,000","397,982"
24,"KRUNG THAI BANK PCL/CAYMAN ISLANDS 4.4 PERP",1.62,,XS2313655677,"400,000","397,360"
25,"SHUI ON DEVELOPMENT HOLDING LTD 5 1/2 06/29/26",1.62,,XS2358225477,"400,000","396,999"
26,"FORTUNE STAR BVI LTD 5.05 01/27/27",1.61,,XS2281321799,"400,000","394,559"
27,"AXIS BANK LTD/GIFT CITY 4.1 PERP",1.61,,USY1009XAA73,"400,000","394,044"
28,"SMC GLOBAL POWER HOLDINGS CORP 5.45 PERP",1.61,,XS2346954873,"400,000","393,324"
29,"KASIKORNBANK PCL/HONG KONG MTN 4 PERP",1.61,,XS2371174504,"400,000","393,009"
30,"INDIA CLEAN ENERGY HOLDINGS MTN 4 1/2 04/18/27",1.60,,USV4605MAA63,"400,000","391,203"
31,"MELCO RESORTS FINANCE LTD 5 3/8 12/04/29",1.60,,USG5975LAE68,"400,000","390,488"
32,"MEDCO CYPRESS TREE PTE LTD 8 5/8 05/19/30",1.56,,USY56616AA68,"360,000","380,658"
33,"LONGFOR GROUP HOLDINGS LTD 3 3/8 04/13/27",1.53,,XS2098539815,"400,000","375,163"
34,"CENTRAL PLAZA DEVELOPMENT LTD 7.15 03/21/28",1.46,,XS2867168226,"350,000","357,368"
35,"AZURE POWER ENERGY LTD 3.575 08/19/26",1.15,,USV0002UAA52,"286,323","280,457"
36,"MONGOLIAN MINING CORP 8.44 04/03/30",1.03,,XS3038559129,"250,000","252,425"
37,"SAMMAAN CAPITAL LTD 8.95 08/28/28",1.02,,XS3036089400,"250,000","250,354"
38,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 7 3/8 04/08/31",1.00,,XS2322319638,"250,000","244,609"
39,"FORTUNE STAR BVI LTD 3.95 10/02/26",0.95,,XS2357132849,"200,000","232,989"
40,"INDIA CLEANTECH ENERGY 4.7 08/10/26",0.92,,USV4606AAA17,"227,700","225,454"
41,"FORTUNE STAR BVI LTD 6.8 09/09/29",0.90,,XS3175828113,"220,000","220,506"
42,"SAN MIGUEL GLOBAL POWER HOLDINGS CORP 5.7 PERP",0.87,,XS2098881654,"214,000","213,587"
43,"VEDANTA RESOURCES FINANCE II PLC 11 1/4 12/03/31",0.87,,USG9T27HAJ33,"200,000","212,488"
44,"MGM CHINA HOLDINGS LTD 7 1/8 06/26/31",0.86,,USG60744AJ14,"200,000","210,710"
45,"BAIDU INC 0 03/12/32",0.85,,XS3015248209,"200,000","209,001"
46,"GLP PTE LTD 9 3/4 05/20/28",0.85,,XS3071310059,"200,000","208,903"
47,"STANDARD CHARTERED PLC 7 3/4 PERP",0.85,,USG84228FJ22,"200,000","206,983"
48,"GOLOMT BANK 11 05/20/27",0.85,,USY27906AA76,"200,000","206,762"
49,"CHINA HONGQIAO GROUP LTD 7.05 01/10/28",0.84,,XS2968971676,"200,000","206,607"
50,"RAKUTEN GROUP INC 8 1/8 PERP",0.84,,USJ64264AM64,"200,000","206,512"
51,"VEDANTA RESOURCES FINANCE II PLC 10 1/4 06/03/28",0.84,,USG9T27HAH76,"200,000","206,293"
52,"GC TREASURY CENTER CO LTD 7 1/8 PERP",0.84,,USY3004DAE41,"200,000","205,824"
53,"DEVT BANK OF MONGOLIA 8 1/2 07/03/28",0.83,,XS3084026817,"200,000","203,513"
54,"SHRIRAM FINANCE LTD MTN 6.15 04/03/28",0.83,,USY775M1CJ07,"200,000","203,498"
55,"MUANGTHAI CAPITAL PCL 6 7/8 09/30/28",0.83,,XS2892939575,"200,000","202,539"
56,"NICKEL INDUSTRIES LTD 9 09/30/30",0.83,,USQ67949AD17,"200,000","202,411"
57,"DIAMOND II LTD 7.95 07/28/26",0.82,,USV28479AA77,"200,000","201,509"
58,"FWD GROUP HOLDINGS LTD MTN 5.836 09/22/35",0.82,,USG37049AD85,"200,000","201,451"
59,"ISLAMIC REP OF PAKISTAN 6 7/8 12/05/27",0.82,,XS1729875598,"200,000","200,097"
60,"STUDIO CITY FINANCE LTD 6 1/2 01/15/28",0.82,,USG85381AF13,"200,000","199,970"
61,"BUKIT MAKMUR MANDIRI UTAMA PT 7 3/4 02/10/26",0.82,,USY71300AB67,"200,000","199,897"
62,"TRADE & DEVELOPMENT BANK OF MONGOLIA LLC 8 1/2 12/23/27",0.81,,XS2958621810,"200,000","197,211"
63,"SORIK MARAPI GEOTHERMAL POWER PT 7 3/4 08/05/31",0.80,,USY7150KAA98,"192,060","196,624"
64,"WYNN MACAU LTD 5 1/8 12/15/29",0.80,,USG98149AE02,"200,000","196,230"
65,"RENEW WIND ENERGY AP2 / RENEW POWER PVT LTD OTHER 4 1/2 07/14/28",0.79,,USY7280PAA13,"200,000","193,230"
66,"STUDIO CITY FINANCE LTD 5 01/15/29",0.79,,USG85381AG95,"200,000","192,970"
67,"MINERAL RESOURCES LTD 7 04/01/31",0.78,,USQ60976AE90,"190,000","191,689"
68,"STANDARD CHARTERED PLC 4 3/4 PERP",0.77,,USG84228EP90,"200,000","187,810"
69,"LONGFOR GROUP HOLDINGS LTD 4 1/2 01/16/28",0.76,,XS1743535491,"200,000","186,002"
70,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 8 7/8 04/08/51",0.75,,XS2322321964,"200,000","184,492"
71,"FRANSHION BRILLIANT LTD 4 1/4 07/23/29",0.75,,XS2030348903,"200,000","184,225"
72,"MONGOLIA INTL BOND 4.45 07/07/31",0.74,,USY6142NAE86,"200,000","180,838"
73,"NWD MTN LTD 8 5/8 02/08/28",0.68,,XS2873948702,"200,000","167,016"
74,"NWD MTN LTD 5 7/8 06/16/27",0.68,,XS2488074662,"200,000","166,514"
75,"VANKE REAL ESTATE HONG KONG CO LTD MTN 3.975 11/09/27",0.62,,XS1713193586,"200,000","152,135"
76,"WANDA PROPERTIES GLOBAL CO LTD 11 01/12/26",0.60,,XS2577258713,"150,000","147,750"
77,"GLP PTE LTD 4 1/2 PERP",0.57,,XS2340147813,"200,000","138,684"
78,"GLP PTE LTD 4.6 PERP",0.54,,XS2357239057,"200,000","132,562"
79,"NWD MTN LTD MTN 4 1/2 05/19/30",0.54,,XS2175969125,"200,000","131,038"
80,"NWD FINANCE BVI LTD 5 1/4 PERP",0.35,,XS2132986741,"200,000","86,001"