| Commerzbank, FRN 4may2021, USD (866) (XS1386169913) |
| Landesbank Baden-Wuerttemberg (LBBW), 1.6% 31dec2021, NOK (DE000LB13FD6) |
| DZ Bank, 1.3% 25jun2025, EUR (Structured) (DE000DD5AR07) |
| DZ Hyp, FRN 25apr2025, USD (991) (DE000A0DLV76) |
| DZ Bank, 1.2% 23dec2027, EUR (Structured) (DE000DD5AST2) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.58% 14apr2025, EUR (DE000LB2CR96) |
| DZ Bank, FRN perp., EUR (DE000DG0AT29) |
| KFW, 0.395% 5sep2022, HKD (XS2226705353) |
| DZ Bank, 0.3% 31aug2035, EUR (C214) (DE000DFK0DS2) |
| Commerzbank, 0.01% 4sep2023, EUR (962) (DE000CZ45V90) |
| Aroundtown, 3.25% 20sep2030, EUR (11) (XS1879567144) |
| Landwirtschaftliche Rentenbank, 0.195% 28sep2027, SEK (1197) (XS2238022060) |
| Landesbank Hessen-Thueringen (Helaba), 0.57% 14sep2032, EUR (DE000HLB2XG0) |
| Muenchener Hypothekenbank, 0.67% 16sep2030, EUR (DE000MHB62Q9) |
| Landesbank Hessen-Thueringen (Helaba), 0.7% 7jul2034, EUR (DE000HLB40S3) |
| NRW.BANK, 0.05% 23sep2030, EUR (824) (DE000NWB2MV1) |
| BayernLB, 0.16% 16apr2025, EUR (DE000BLB8030) |
| BayernLB, 0.36% 9apr2031, EUR (DE000BLB80K9) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.59% 22sep2034, EUR (DE000LB13RF6) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.5% 23dec2039, EUR (DE000LB19V32) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.5% 18oct2039, EUR (DE000LB2CM00) |
| BMW, FRN 2oct2023, EUR (XS2240469523) |
| Rosenkavalier 2020 UG, 1.25% 28sep2035, EUR (ABS) (DE000A289ET1) |
| Landesbank Baden-Wuerttemberg (LBBW), 1.125% 8dec2025, GBP (DE000LB2CU83) |
| Landesbank Hessen-Thueringen (Helaba), 0.5% 8oct2035, EUR (DE000HLB2XA3) |
| LfA Forderbank Bayern, 0.05% 29sep2034, EUR (DE000LFA1875) |
| NRW.BANK, 0.03% 14oct2030, EUR (832) (DE000NWB2N28) |
| NORD/LB, 0.35% 20oct2025, EUR (DE000NLB3C80) |
| Deutsche Bank, 3.05% 2feb2037, EUR (DE000DL19TC2) |
| KFW, 0.075% 28oct2021, HKD (XS2250016180) |
| Deutsche Pfandbriefbank, 0.175% 29oct2024, EUR (35374) (DE000A289PT7) |
| Investitionsbank Schleswig-Holstein (IB.SH), FRN 5nov2024, EUR (DE000A2TR166) |
| Mercedes-Benz Group, 3.53% 12aug2021, CNY (CND10002F3Z0) |
| Gecci Investment KG, 6% 1oct2027, EUR (DE000A289QS7) |
| Landesbank Saar, 0.75% 18dec2029, EUR (DE000SLB8551) |
| BayernLB, 0.14% 30jan2026, EUR (DE000BLB8345) |
| KFW, 0.88% 7dec2050, EUR (DE000A3H2ZA7) |
| Landesbank Hessen-Thueringen (Helaba), 0.34% 23dec2030, EUR (DE000HLB2ZE0) |
| DZ Bank, FRN 6feb2023, EUR (A854) (DE000DG4UD37) |
| Deutsche Bank (London Branch), FRN 30jun2034, USD (Structured) (US25152RXB40) |
| Deutsche Bank (London Branch), FRN 31oct2034, USD (Structured) (US25152RXF53) |
| Deutsche Bank (London Branch), 1% 1may2023, USD (Conv.) (US25155MKU44) |
| Deutsche Bank (London Branch), 0% 30apr2024, USD (3653D, Structured) (US25155Q8548) |
| Deutsche Bank (London Branch), 0% 26may2022, USD (1816D, Structured) (US25156D1596) |
| Deutsche Bank (New York Branch), 2.176% perp., USD (USU2492CAB73) |
| Deutsche Bank Capital Trust V, 4.901% perp., USD |
| KFW, 0.05% 12jan2022, HKD (XS2282088256) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.55% 8jul2023, EUR (DE000LB1B068) |
| Landwirtschaftliche Rentenbank, 0% 19jul2028, EUR (1199, 2738D) (XS2288920502) |
| E.ON, 0.1% 19dec2028, EUR (75) (XS2288948859) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.375% 21feb2031, EUR (DE000LB2CW16) |
| Mercedes-Benz Group, 0.75% 22jan2024, AUD (XS2289799889) |
| Landesbank Hessen-Thueringen (Helaba), 0.25% 24feb2031, EUR (DE000HLB2Z52) |
| NRW.BANK, 1.076% 19jul2027, EUR (697) (DE000NWB2HK4) |
| NRW.BANK, 1.2% 20oct2027, EUR (705) (DE000NWB2HR9) |
| NRW.BANK, FRN 15dec2027, EUR (18C) (DE000NWB18C8) |
| NRW.BANK, 0.07% 19jul2027, EUR (736) (DE000NWB2JX3) |
| Landesbank Hessen-Thueringen (Helaba), FRN 21apr2029, EUR (Structured) (DE000A0A3HE5) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.04% 15jan2031, EUR (DE000LB2CW24) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.142% 21jan2028, EUR (DE000LB2CW81) |
| Commerzbank, 5.45% 11sep2047, EUR (DE000DR5B6N6) |
| DZ Hyp, 0.01% 29mar2030, EUR (1234) (DE000A3H2TK9) |
| Muenchener Hypothekenbank, 0.3% 27jan2031, EUR (1915) (DE000MHB63Q7) |
| KFW, 7.1% 21jan2031, ZAR (XS2284522385) |
| Dekabank, 0.27% 29jan2031, EUR (R18476) (DE000DK0ZPB5) |
| NRW.BANK, FRN 27sep2021, EUR (DE000NWB14M6) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.42% 27jan2031, EUR (DE000LB13UP9) |
| Kreissparkasse Ludwigsburg, 2.5% 19apr2022, EUR (P4) (DE000A1MLPZ3) |
| Kreissparkasse Ludwigsburg, 0.95% 17dec2025, EUR (P18) (DE000A168312) |
| Muenchener Hypothekenbank, 0.335% 10feb2031, EUR (1916) (DE000MHB63S3) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.03% 17feb2031, EUR (DE000LB2CXR1) |
| DZ Bank, 0.32% 11nov2031, EUR (A1565) (DE000DFK0HF0) |
| Ramfort, 6.75% 15mar2026, EUR (DE000A3H2T47) |
| Hamburger Hochbahn, 0.125% 24feb2031, EUR (XS2233088132) |
| Vossloh, 4% perp., EUR (DE000A3H2VA6) |
| Landesbank Saar, 0.425% 14feb2031, EUR (DE000SLB8601) |
| NRW.BANK, 0.675% 25feb2041, EUR (850) (DE000NWB2NL0) |
| Landesbank Baden-Wuerttemberg (LBBW), 2.5% 30oct2023, EUR (DE000LB0Z0X2) |
| NORD/LB, 0.125% 26feb2026, EUR (DE000NLB3PP7) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.042% 17feb2031, EUR (3164) (DE000A3KK5T5) |
| NRW.BANK, 0.2% 1mar2034, EUR (849) (DE000NWB2NJ4) |
| Mercedes-Benz Finance North America, 0.75% 1mar2024, USD (USU2339CDZ87) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.031% 28jun2022, EUR (DE000LB1DWK8) |
| Siemens, FRN 11mar2024, USD (USN82008AY40) |
| Deutsche Bank, 0% 26aug2027, USD (2372D, Structured) (XS2011158339) |
| BayernLB, 0.23% 22dec2027, EUR (DE000BLB8394) |
| BayernLB, 0.46% 23dec2030, EUR (DE000BLB9MY7) |
| Muenchener Hypothekenbank, FRN 5mar2029, EUR (1926) (DE000MHB4354) |
| Muenchener Hypothekenbank, 0.01% 9mar2026, EUR (1925) (DE000MHB64B7) |
| Landesbank Hessen-Thueringen (Helaba), 0.1% 11sep2025, EUR (Structured) (DE000HLB8695) |
| KFW, 1.125% 8aug2025, NOK (XS2315837778) |
| NRW.BANK, 0.5% 18dec2026, GBP (858) (XS2319520719) |
| DZ Bank, 0.18% 24jun2026, EUR (Structured) (DE000DD5AV19) |
| DZ Bank, 1.01% 30dec2030, EUR (Structured) (DE000DD5AV50) |
| Landesbank Hessen-Thueringen (Helaba), FRN 17mar2036, EUR (DE000HLB20J4) |
| Deutsche Bank, 1.5% 26feb2028, USD (Structured) (XS2011157877) |
| DZ Bank, 0.6% 23dec2027, EUR (10052, Structured) (DE000DD5AVS8) |
| LEG Immobilien AG, 0.875% 30mar2033, EUR (DE000A3H3JU7) |
| DZ Bank, 0.18% 17mar2031, EUR (A1568) (DE000DFK0HK0) |
| Fresenius SE, 0.5% 1oct2028, EUR (12) (XS2325565104) |