"KHYB Holdings","As of 2025-10-10","Holdings Are Subject To Change"
Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)"
1,Cash,4.20,,–,"1,031,914","1,031,914"
2,"STANDARD CHARTERED PLC 4.3 PERP",2.30,,USG84228EV68,"600,000","564,003"
3,"NOMURA HOLDINGS INC 7 PERP",2.11,,US65535HCC16,"500,000","517,963"
4,"GREENTOWN CHINA HOLDINGS LTD 8.45 02/24/28",2.11,,XS2971601336,"500,000","517,821"
5,"MONG DUONG FINANCE HOLDINGS BV 5 1/8 05/07/29",2.05,,USN6000DAA11,"508,200","502,102"
6,"PINGAN REAL ESTATE CAPITAL LTD MTN 3.45 07/29/26",1.99,,XS2368566829,"500,000","488,090"
7,"PIRAMAL CAPITAL & HOUSING FINANCE LTD MTN 7.8 01/29/28",1.89,,XS2863565326,"450,000","464,190"
8,"WYNN MACAU LTD 5 5/8 08/26/28",1.83,,USG98149AH33,"450,000","448,264"
9,"HEALTH & HAPPINESS H&H INTERNATIONAL HOLDINGS LTD 9 1/8 07/24/28",1.72,,XS2971969287,"400,000","423,020"
10,"MELCO RESORTS FINANCE LTD 7 5/8 04/17/32",1.72,,USG5975LAK29,"400,000","421,074"
11,"VEDANTA RESOURCES FINANCE II PLC 10 7/8 09/17/29",1.70,,USG9T27HAG93,"400,000","417,200"
12,"IRB INFRASTRUCTURE DEVELOPERS LTD 7.11 03/11/32",1.70,,XS2775699577,"400,000","416,835"
13,"GC TREASURY CENTER CO LTD 7 1/8 PERP",1.69,,USY3004DAE41,"400,000","413,609"
14,"PETRON CORP 7.35 PERP",1.68,,XS3178401793,"400,000","412,621"
15,"IIFL FINANCE LTD 8 3/4 07/24/28",1.68,,USY3R78RET83,"400,000","412,200"
16,"MANAPPURAM FINANCE LTD MTN 7 3/8 05/12/28",1.67,,XS2821647364,"400,000","410,275"
17,"MUTHOOT FINANCE LTD 6 3/8 04/23/29",1.65,,US62828M2D24,"400,000","405,727"
18,"FWD LTD 6.675 PERP",1.63,,XS1748857379,"400,000","400,599"
19,"FWD GROUP HOLDINGS LTD 8.045 PERP",1.63,,XS1628340538,"400,000","400,290"
20,"MELCO RESORTS FINANCE LTD 5 5/8 07/17/27",1.63,,USG5975LAD85,"400,000","399,079"
21,"WYNN MACAU LTD 5 1/2 10/01/27",1.63,,USG98149AD29,"400,000","399,079"
22,"RAKUTEN GROUP INC 5 1/8 PERP",1.62,,USJ6S87BAA66,"400,000","398,028"
23,"KRUNG THAI BANK PCL/CAYMAN ISLANDS 4.4 PERP",1.62,,XS2313655677,"400,000","397,600"
24,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 6 04/08/26",1.62,,XS2322319398,"400,000","397,492"
25,"CA MAGNUM HOLDINGS 5 3/8 10/31/26",1.62,,USV1541CAA19,"400,000","397,362"
26,"SHUI ON DEVELOPMENT HOLDING LTD 5 1/2 06/29/26",1.62,,XS2358225477,"400,000","397,089"
27,"SMC GLOBAL POWER HOLDINGS CORP 5.45 PERP",1.61,,XS2346954873,"400,000","395,963"
28,"AXIS BANK LTD/GIFT CITY 4.1 PERP",1.61,,USY1009XAA73,"400,000","394,653"
29,"KASIKORNBANK PCL/HONG KONG MTN 4 PERP",1.60,,XS2371174504,"400,000","393,214"
30,"FORTUNE STAR BVI LTD 5.05 01/27/27",1.59,,XS2281321799,"400,000","390,643"
31,"MELCO RESORTS FINANCE LTD 5 3/8 12/04/29",1.59,,USG5975LAE68,"400,000","389,143"
32,"INDIA CLEAN ENERGY HOLDINGS MTN 4 1/2 04/18/27",1.58,,USV4605MAA63,"400,000","388,975"
33,"MEDCO CYPRESS TREE PTE LTD 8 5/8 05/19/30",1.55,,USY56616AA68,"360,000","379,639"
34,"LONGFOR GROUP HOLDINGS LTD 3 3/8 04/13/27",1.54,,XS2098539815,"400,000","377,446"
35,"CENTRAL PLAZA DEVELOPMENT LTD 7.15 03/21/28",1.46,,XS2867168226,"350,000","358,104"
36,"AZURE POWER ENERGY LTD 3.575 08/19/26",1.14,,USV0002UAA52,"286,323","280,740"
37,"SAMMAAN CAPITAL LTD 8.95 08/28/28",1.07,,XS3036089400,"250,000","262,429"
38,"MUANGTHAI CAPITAL PCL 7.55 07/21/30",1.06,,XS3113144912,"250,000","259,888"
39,"MONGOLIAN MINING CORP 8.44 04/03/30",1.04,,XS3038559129,"250,000","254,197"
40,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 7 3/8 04/08/31",1.00,,XS2322319638,"250,000","244,239"
41,"VEDANTA RESOURCES FINANCE II PLC 9 1/8 10/15/32",0.97,,USG9T27HAN45,"240,000","237,298"
42,"FORTUNE STAR BVI LTD 3.95 10/02/26",0.94,,XS2357132849,"200,000","230,138"
43,"INDIA CLEANTECH ENERGY 4.7 08/10/26",0.92,,USV4606AAA17,"227,700","225,509"
44,"FORTUNE STAR BVI LTD 6.8 09/09/29",0.90,,XS3175828113,"220,000","219,733"
45,"SAN MIGUEL GLOBAL POWER HOLDINGS CORP 5.7 PERP",0.87,,XS2098881654,"214,000","213,446"
46,"VEDANTA RESOURCES FINANCE II PLC 11 1/4 12/03/31",0.87,,USG9T27HAJ33,"200,000","212,346"
47,"MGM CHINA HOLDINGS LTD 7 1/8 06/26/31",0.86,,USG60744AJ14,"200,000","211,023"
48,"GLP PTE LTD 9 3/4 05/20/28",0.85,,XS3071310059,"200,000","208,493"
49,"RAKUTEN GROUP INC 8 1/8 PERP",0.85,,USJ64264AM64,"200,000","208,480"
50,"STANDARD CHARTERED PLC 7 3/4 PERP",0.84,,USG84228FJ22,"200,000","206,893"
51,"GOLOMT BANK 11 05/20/27",0.84,,USY27906AA76,"200,000","206,885"
52,"BAIDU INC 0 03/12/32",0.84,,XS3015248209,"200,000","206,700"
53,"VEDANTA RESOURCES FINANCE II PLC 10 1/4 06/03/28",0.84,,USG9T27HAH76,"200,000","205,790"
54,"MUTHOOT FINANCE LTD MTN 6 3/8 03/02/30",0.83,,US62828M2E07,"200,000","204,146"
55,"DEVT BANK OF MONGOLIA 8 1/2 07/03/28",0.83,,XS3084026817,"200,000","204,000"
56,"FWD GROUP HOLDINGS LTD MTN 5.836 09/22/35",0.83,,USG37049AD85,"200,000","203,682"
57,"MUANGTHAI CAPITAL PCL 6 7/8 09/30/28",0.83,,XS2892939575,"200,000","203,176"
58,"NICKEL INDUSTRIES LTD 9 09/30/30",0.82,,USQ67949AD17,"200,000","202,223"
59,"DIAMOND II LTD 7.95 07/28/26",0.82,,USV28479AA77,"200,000","201,023"
60,"BUKIT MAKMUR MANDIRI UTAMA PT 7 3/4 02/10/26",0.81,,USY71300AB67,"200,000","200,008"
61,"STUDIO CITY FINANCE LTD 6 1/2 01/15/28",0.81,,USG85381AF13,"200,000","199,670"
62,"ISLAMIC REP OF PAKISTAN 6 7/8 12/05/27",0.81,,XS1729875598,"200,000","199,009"
63,"TRADE & DEVELOPMENT BANK OF MONGOLIA LLC 8 1/2 12/23/27",0.81,,XS2958621810,"200,000","197,878"
64,"SORIK MARAPI GEOTHERMAL POWER PT 7 3/4 08/05/31",0.80,,USY7150KAA98,"192,060","196,593"
65,"GLP CHINA HOLDINGS LTD MTN 2.95 03/29/26",0.80,,XS2314779427,"200,000","196,323"
66,"WYNN MACAU LTD 5 1/8 12/15/29",0.80,,USG98149AE02,"200,000","195,506"
67,"RENEW WIND ENERGY AP2 / RENEW POWER PVT LTD OTHER 4 1/2 07/14/28",0.79,,USY7280PAA13,"200,000","192,939"
68,"STUDIO CITY FINANCE LTD 5 01/15/29",0.79,,USG85381AG95,"200,000","192,712"
69,"MINERAL RESOURCES LTD 7 04/01/31",0.78,,USQ60976AE90,"190,000","192,144"
70,"STANDARD CHARTERED PLC 4 3/4 PERP",0.76,,USG84228EP90,"200,000","186,387"
71,"LONGFOR GROUP HOLDINGS LTD 4 1/2 01/16/28",0.76,,XS1743535491,"200,000","185,890"
72,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 8 7/8 04/08/51",0.76,,XS2322321964,"200,000","185,553"
73,"FRANSHION BRILLIANT LTD 4 1/4 07/23/29",0.75,,XS2030348903,"200,000","185,001"
74,"NWD MTN LTD 5 7/8 06/16/27",0.69,,XS2488074662,"200,000","169,153"
75,"NWD MTN LTD 8 5/8 02/08/28",0.69,,XS2873948702,"200,000","168,679"
76,"VANKE REAL ESTATE HONG KONG CO LTD MTN 3.975 11/09/27",0.62,,XS1713193586,"200,000","151,850"
77,"WANDA PROPERTIES GLOBAL CO LTD 11 01/12/26",0.60,,XS2577258713,"150,000","147,750"
78,"GLP PTE LTD 4 1/2 PERP",0.56,,XS2340147813,"200,000","138,000"
79,"NWD MTN LTD MTN 4 1/2 05/19/30",0.54,,XS2175969125,"200,000","132,986"
80,"GLP PTE LTD 4.6 PERP",0.54,,XS2357239057,"200,000","132,284"
81,"NWD FINANCE BVI LTD 5 1/4 PERP",0.37,,XS2132986741,"200,000","91,722"
82,"NAB 5.1 10/16/35",0.16,,AU3CB0327062,"60,000","39,146"