"KHYB Holdings","As of 2025-11-17","Holdings Are Subject To Change"
Rank,"Company Name","% of Net Assets",Ticker,Identifier,"Shares Held","Market Value($)"
1,Cash,3.14,,–,"728,485","728,485"
2,"NOMURA HOLDINGS INC 7 PERP",2.21,,US65535HCC16,"500,000","512,040"
3,"PINGAN REAL ESTATE CAPITAL LTD MTN 3.45 07/29/26",2.11,,XS2368566829,"500,000","491,050"
4,"PIRAMAL CAPITAL & HOUSING FINANCE LTD MTN 7.8 01/29/28",1.98,,XS2863565326,"450,000","459,824"
5,"WYNN MACAU LTD 5 5/8 08/26/28",1.93,,USG98149AH33,"450,000","448,246"
6,"HEALTH & HAPPINESS H&H INTERNATIONAL HOLDINGS LTD 9 1/8 07/24/28",1.82,,XS2971969287,"400,000","422,974"
7,"MELCO RESORTS FINANCE LTD 7 5/8 04/17/32",1.81,,USG5975LAK29,"400,000","419,804"
8,"VEDANTA RESOURCES FINANCE II PLC 10 7/8 09/17/29",1.79,,USG9T27HAG93,"400,000","416,624"
9,"IRB INFRASTRUCTURE DEVELOPERS LTD 7.11 03/11/32",1.79,,XS2775699577,"400,000","414,511"
10,"PETRON CORP 7.35 PERP",1.77,,XS3178401793,"400,000","412,031"
11,"IIFL FINANCE LTD 8 3/4 07/24/28",1.76,,USY3R78RET83,"400,000","409,583"
12,"GC TREASURY CENTER CO LTD 7 1/8 PERP",1.76,,USY3004DAE41,"400,000","408,848"
13,"MANAPPURAM FINANCE LTD MTN 7 3/8 05/12/28",1.76,,XS2821647364,"400,000","408,488"
14,"MUTHOOT FINANCE LTD 6 3/8 04/23/29",1.75,,US62828M2D24,"400,000","405,900"
15,"FWD LTD 6.675 PERP",1.72,,XS1748857379,"400,000","400,256"
16,"CA MAGNUM HOLDINGS 5 3/8 10/31/26",1.72,,USV1541CAA19,"400,000","400,000"
17,"MELCO RESORTS FINANCE LTD 5 5/8 07/17/27",1.72,,USG5975LAD85,"400,000","398,894"
18,"STUDIO CITY FINANCE LTD 6 1/2 01/15/28",1.71,,USG85381AF13,"400,000","398,022"
19,"SMC GLOBAL POWER HOLDINGS CORP 5.45 PERP",1.71,,XS2346954873,"400,000","396,170"
20,"KRUNG THAI BANK PCL/CAYMAN ISLANDS 4.4 PERP",1.70,,XS2313655677,"400,000","395,640"
21,"AXIS BANK LTD/GIFT CITY 4.1 PERP",1.70,,USY1009XAA73,"400,000","394,191"
22,"SHUI ON DEVELOPMENT HOLDING LTD 5 1/2 06/29/26",1.69,,XS2358225477,"400,000","393,009"
23,"FORTUNE STAR BVI LTD 5.05 01/27/27",1.69,,XS2281321799,"400,000","391,975"
24,"MELCO RESORTS FINANCE LTD 5 3/8 12/04/29",1.68,,USG5975LAE68,"400,000","391,000"
25,"INDIA CLEAN ENERGY HOLDINGS MTN 4 1/2 04/18/27",1.67,,USV4605MAA63,"400,000","388,833"
26,"MEDCO CYPRESS TREE PTE LTD 8 5/8 05/19/30",1.64,,USY56616AA68,"360,000","380,358"
27,"STANDARD CHARTERED PLC 7 PERP",1.58,,USG84228HA94,"360,000","366,624"
28,"LONGFOR GROUP HOLDINGS LTD 3 3/8 04/13/27",1.57,,XS2098539815,"400,000","364,443"
29,"CENTRAL PLAZA DEVELOPMENT LTD 7.15 03/21/28",1.54,,XS2867168226,"350,000","358,322"
30,"MONG DUONG FINANCE HOLDINGS BV 5 1/8 05/07/29",1.23,,USN6000DAA11,"289,690","286,521"
31,"AZURE POWER ENERGY LTD 3.575 08/19/26",1.21,,USV0002UAA52,"286,323","279,924"
32,"WYNMAC 4 1/2 03/07/29",1.14,,US98313RAJ59,"250,000","264,875"
33,"SAMMAAN CAPITAL LTD 8.95 08/28/28",1.13,,XS3036089400,"250,000","261,918"
34,"MUANGTHAI CAPITAL PCL 7.55 07/21/30",1.11,,XS3113144912,"250,000","258,307"
35,"MONGOLIAN MINING CORP 8.44 04/03/30",1.10,,XS3038559129,"250,000","254,393"
36,"VEDANTA RESOURCES FINANCE II PLC 9 1/8 10/15/32",1.02,,USG9T27HAN45,"240,000","236,163"
37,"FORTUNE STAR BVI LTD 5 7/8 11/20/30",1.00,,XS3229658698,"200,000","231,242"
38,"FORTUNE STAR BVI LTD 3.95 10/02/26",1.00,,XS2357132849,"200,000","231,141"
39,"INDIA CLEANTECH ENERGY 4.7 08/10/26",0.97,,USV4606AAA17,"227,700","225,150"
40,"NWD FINANCE BVI LTD 5 1/4 PERP",0.95,,XS2132986741,"500,000","219,998"
41,"FORTUNE STAR BVI LTD 6.8 09/09/29",0.94,,XS3175828113,"220,000","219,298"
42,"SAN MIGUEL GLOBAL POWER HOLDINGS CORP 5.7 PERP",0.92,,XS2098881654,"214,000","213,998"
43,"MGM CHINA HOLDINGS LTD 7 1/8 06/26/31",0.91,,USG60744AJ14,"200,000","211,393"
44,"VEDANTA RESOURCES FINANCE II PLC 11 1/4 12/03/31",0.91,,USG9T27HAJ33,"200,000","211,100"
45,"NICKEL INDUSTRIES LTD 9 09/30/30",0.90,,USQ67949AD17,"200,000","207,910"
46,"RAKUTEN GROUP INC 8 1/8 PERP",0.89,,USJ64264AM64,"200,000","207,280"
47,"GLP PTE LTD 9 3/4 05/20/28",0.89,,XS3071310059,"200,000","207,016"
48,"GOLOMT BANK 11 05/20/27",0.89,,USY27906AA76,"200,000","206,754"
49,"STANDARD CHARTERED PLC 7 3/4 PERP",0.89,,USG84228FJ22,"200,000","206,246"
50,"VEDANTA RESOURCES FINANCE II PLC 10 1/4 06/03/28",0.89,,USG9T27HAH76,"200,000","205,963"
51,"GREENTOWN CHINA HOLDINGS LTD 8.45 02/24/28",0.87,,XS2971601336,"200,000","203,099"
52,"MUANGTHAI CAPITAL PCL 6 7/8 09/30/28",0.87,,XS2892939575,"200,000","203,018"
53,"MUTHOOT FINANCE LTD MTN 6 3/8 03/02/30",0.87,,US62828M2E07,"200,000","202,742"
54,"FWD GROUP HOLDINGS LTD MTN 5.836 09/22/35",0.87,,USG37049AD85,"200,000","202,082"
55,"SAMMAAN CAPITAL LTD 7 1/2 10/16/30",0.87,,XS3205989232,"200,000","201,100"
56,"WYNN MACAU LTD 6 3/4 02/15/34",0.87,,USG98149AM28,"200,000","201,023"
57,"DIAMOND II LTD 7.95 07/28/26",0.86,,USV28479AA77,"200,000","200,603"
58,"ISLAMIC REP OF PAKISTAN 6 7/8 12/05/27",0.86,,XS1729875598,"200,000","200,301"
59,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 6 04/08/26",0.86,,XS2322319398,"200,000","199,511"
60,"TRADE & DEVELOPMENT BANK OF MONGOLIA LLC 8 1/2 12/23/27",0.85,,XS2958621810,"200,000","197,756"
61,"GLP CHINA HOLDINGS LTD MTN 2.95 03/29/26",0.85,,XS2314779427,"200,000","197,185"
62,"SORIK MARAPI GEOTHERMAL POWER PT 7 3/4 08/05/31",0.85,,USY7150KAA98,"192,060","196,922"
63,"MINERAL RESOURCES LTD 7 04/01/31",0.85,,USQ60976AE90,"190,000","196,769"
64,"KASIKORNBANK PCL/HONG KONG MTN 4 PERP",0.85,,XS2371174504,"200,000","196,607"
65,"WYNN MACAU LTD 5 1/8 12/15/29",0.84,,USG98149AE02,"200,000","196,000"
66,"RENEW WIND ENERGY AP2 / RENEW POWER PVT LTD OTHER 4 1/2 07/14/28",0.83,,USY7280PAA13,"200,000","192,672"
67,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 8 7/8 04/08/51",0.83,,XS2322321964,"200,000","191,809"
68,"SOFTBANK GROUP CORP 8 1/4 10/29/65",0.82,,XS3203997427,"200,000","191,145"
69,"STUDIO CITY FINANCE LTD 5 01/15/29",0.82,,USG85381AG95,"200,000","190,423"
70,"STANDARD CHARTERED PLC 4.3 PERP",0.81,,USG84228EV68,"200,000","188,641"
71,"STANDARD CHARTERED PLC 4 3/4 PERP",0.80,,USG84228EP90,"200,000","185,975"
72,"FRANSHION BRILLIANT LTD 4 1/4 07/23/29",0.80,,XS2030348903,"200,000","185,859"
73,"LONGFOR GROUP HOLDINGS LTD 4 1/2 01/16/28",0.77,,XS1743535491,"200,000","179,095"
74,"KAWASAN INDUSTRI JABABEKA TBK PT MTN 8 12/15/27",0.77,,USY70908AA90,"180,000","178,884"
75,"NWD MTN LTD 5 7/8 06/16/27",0.74,,XS2488074662,"200,000","171,774"
76,"NWD MTN LTD 8 5/8 02/08/28",0.74,,XS2873948702,"200,000","170,986"
77,"WANDA PROPERTIES GLOBAL CO LTD 11 01/12/26",0.64,,XS2577258713,"150,000","147,750"
78,"NWD MTN LTD MTN 4 1/2 05/19/30",0.61,,XS2175969125,"200,000","141,843"
79,"REPUBLIC OF SRI LANKA 4 04/15/28",0.60,,XS2966242500,"146,000","139,430"
80,"GLP PTE LTD 4 1/2 PERP",0.59,,XS2340147813,"200,000","137,003"
81,"GLP PTE LTD 4.6 PERP",0.56,,XS2357239057,"200,000","129,997"
82,"NWD FINANCE BVI LTD 4 1/8 PERP",0.47,,XS2348062899,"250,000","108,750"
83,"PAKISTAN GOVERNMENT INTERNATIONAL BOND MTN 7 3/8 04/08/31",0.21,,XS2322319638,"50,000","49,100"