| NRW.BANK, 0.208% 22oct2029, EUR (903) (DE000NWB2Q41) |
| Deutsche Bank, 0.7% 28oct2031, EUR (XS2011171944) |
| BayernLB, 0.125% 2nov2029, EUR (866) (DE000BLB6JL6) |
| Deutsche Bank (New York Branch), FRN 8nov2023, USD (US251526CL15) |
| PCC SE, 4% 1dec2026, EUR (DE000A3MQEN8) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.18% 23oct2023, USD (DE000LB2BHZ9) |
| Commerzbank, 1.5% 22nov2024, GBP (XS2411541654) |
| DZ Bank, 0.4% 17nov2028, EUR (A1650) (DE000DFK0RN3) |
| Landesbank Hessen-Thueringen (Helaba), 0.4% 12nov2029, EUR (DE000HLB28N9) |
| Sirius Real Estate, 1.75% 24nov2028, EUR (XS2412732708) |
| RWE AG, 0.5% 26nov2028, EUR (XS2412044567) |
| Deutsche Bank (London Branch), FRN 19nov2026, USD (R23) (XS1628428119) |
| Landesbank Hessen-Thueringen (Helaba), 0.75% 18nov2033, EUR (DE000HLB28T6) |
| Daimler Truck, 1.625% 13dec2024, USD (USU2340BAD92) |
| Daimler Truck, 1.125% 14dec2023, USD (USU2340BAB37) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.3% 3mar2028, EUR (DE000LB2BKU4) |
| BayernLB, FRN 31oct2022, EUR (Structured) (DE000BLB26A3) |
| DZ Bank, FRN 19oct2026, USD (Structured) (DE000DGE4LT2) |
| BayernLB, 0.13% 23dec2025, EUR (DE000BLB9QT8) |
| Dekabank, 0.1% 22dec2028, EUR (DE000DK04CK5) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.03% 6jan2026, EUR (DE000LB2BLG1) |
| Commerzbank, 0.25% 12jan2032, EUR (DE000CZ45WY7) |
| Deutsche Bank, FRN 28jan2027, USD (XS0459879226) |
| Landesbank Hessen-Thueringen (Helaba), 1.2% 16feb2037, EUR (DE000HLB5QZ7) |
| LEG Immobilien AG, 0.875% 17jan2029, EUR (DE000A3MQNP4) |
| BayernLB, 0.59% 17jan2029, EUR (DE000BLB9QV4) |
| Deutsche Pfandbriefbank, 0.568% 17jan2024, SEK (35412) (DE000A3T0X89) |
| KFW, 0% 15nov2024, DKK (1019D) (XS2438629573) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.47% 3nov2031, EUR (3190) (DE000A3KK6K2) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.05% 2nov2029, EUR (3192) (DE000A3KK6M8) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.335% 10dec2031, EUR (3197) (DE000A3KK6S5) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.56% 15dec2031, EUR (3199) (DE000A3KK6U1) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.578% 26jan2032, EUR (3201) (DE000A3KK6W7) |
| Deutsche Bank, 0.53% 8feb2029, EUR (XS0459883921) |
| DZ Bank, 0.7% 27dec2028, EUR (Structured) (DE000DD5AYQ6) |
| Investitionsbank Berlin, 0.25% 3feb2032, EUR (DE000A289KH3) |
| BayernLB, 6.4% 30jan2023, EUR (Structured) (DE000BLB60A2) |
| Continental, 3.9% 29aug2025, EUR (2) (XS0966305905) |
| NRW.BANK, 1.341% 17feb2039, EUR (931) (DE000NWB2QW0) |
| UniCredit Bank AG, 0.5% 23feb2027, EUR (DE000HV2AYU9) |
| Dekabank, 3.266% perp., EUR (DE000DK010E5) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 1.25% 28oct2026, EUR (3214) (DE000A3MQP75) |
| Dekabank, 0.01% 23aug2024, EUR (DE000DK042U4) |
| Axel Springer SE, 0% 30mar2022, EUR (57D) (DE000A3KK1J5) |
| BayernLB, 1.24% 15jul2031, EUR (DE000BLB9RB4) |
| Commerzbank, 0.5% 15mar2027, EUR (P49) (DE000CZ45W16) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.61% 3mar2026, EUR (DE000LB2BPL2) |
| UniCredit Bank AG, 1.85% 20jan2025, USD (Structured) (DE000HVB6BE0) |
| Muenchener Hypothekenbank, 0.375% 7apr2026, CHF (CH1175016091) |
| Select Access Investments, 0.27% 27jun2022, JPY (2022-17, ECP) (XS2456246110) |
| KFW, 1.4126% 31mar2034, EUR (XS2463126131) |
| Landesbank Hessen-Thueringen (Helaba), 1% 23mar2029, EUR (DE000HLB71B4) |
| Saechsische AufbauBank, 0.76% 29mar2029, EUR (DE000A2GS4K6) |
| Daimler Truck, FRN 6oct2023, EUR (1) (XS2466171985) |
| DZ Bank, FRN 25jun2029, EUR (Structured) (DE000DD5AZV3) |
| Landesbank Hessen-Thueringen (Helaba), 1.05% 6apr2029, EUR (DE000HLB71S8) |
| Dekabank, 1.67% 5apr2024, USD (R23625) (DE000DK05EZ6) |
| Deutsche Pfandbriefbank, 1% 13apr2026, EUR (DE000A3T0YH5) |
| Landesbank Hessen-Thueringen (Helaba), 1.75% 14apr2037, EUR (DE000HLB71X8) |
| Landesbank Hessen-Thueringen (Helaba), 1.75% 12apr2028, EUR (DE000HLB42B5) |
| Grenke Finance, 4.125% 14oct2024, EUR (XS2469031749) |
| Goldman Sachs & Co. Wertpapier, FRN 28oct2024, RUB (Structured) (XS2389900767) |
| DZ Hyp, 0.85% 14apr2025, EUR (1060) (DE000A3MP676) |
| NRW.BANK, 1.4% 22apr2026, EUR (952) (DE000NWB2RG1) |
| Citigroup Global Markets Europe, 0% 17apr2023, USD (1096D, Structured) (XS2137900721) |
| Goldman Sachs & Co. Wertpapier, 0% 25nov2024, USD (1098D, Structured) (XS2403788685) |
| Goldman Sachs & Co. Wertpapier, 0% 21may2024, RUB (1096D, Structured) (XS2335496902) |
| Goldman Sachs & Co. Wertpapier, 0% 10sep2024, USD (1098D, Structured) (XS2370136629) |
| Goldman Sachs & Co. Wertpapier, FRN 3dec2024, EUR (Structured) (XS2396891835) |
| Goldman Sachs & Co. Wertpapier, 8.25% 10sep2024, EUR (Structured) (XS2370111556) |
| Goldman Sachs & Co. Wertpapier, FRN 3mar2025, EUR (Structured) (XS2423256721) |
| Landesbank Baden-Wuerttemberg (LBBW), 3% 19may2025, AUD (DE000LB2BS13) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.01% 20nov2023, EUR (DE000LB2BSV5) |
| Deutsche Bank, 1.2% 19may2025, EUR (DE000DB9U7C4) |
| Citigroup Global Markets Europe, 0% 23jan2023, USD (1827D, Structured) (XS1716260135) |
| LfA Forderbank Bayern, 1.875% 30jun2032, EUR (DE000LFA2006) |
| Citigroup Global Markets Europe, 9.17% 5jul2022, USD (Structured) (XS2000582754) |
| Actaqua, 7% 9jun2027, EUR (DE000A3MQVL6) |
| Deutsche Bank, 1.25% 19may2026, EUR (DE000DB9U7A8) |
| DZ Bank, 0.75% 30oct2024, EUR (A1755) (DE000DFK0R31) |
| Heraeus Finance, 2.625% 9jun2027, EUR (DE000A30VGD9) |
| NRW.BANK, 1.35% 3jun2026, EUR (961) (DE000NWB2RR8) |
| DZ Bank, 1.5% 1jun2026, EUR (A1742) (DE000DFK0RH5) |
| DZ Bank, 1.3% 1jun2026, EUR (A1748) (DE000DFK0RR4) |
| Landesbank Hessen-Thueringen (Helaba), 1.5% 25nov2027, EUR (DE000HLB73M7) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.765% 6dec2023, EUR (DE000LB2ZVK1) |
| BayernLB, 2.22% 4sep2028, EUR (DE000BLB9RW0) |
| Dekabank, 1.85% 10jun2024, NOK (R24388) (DE000DK06LS4) |
| DZ Bank, 1.22% 14jun2024, EUR (A1769) (DE000DFK0SH3) |
| Select Access Investments, 0.3% 27jun2024, JPY (2022-31) (XS2495477353) |
| DZ Bank, 1.89% 26jun2024, EUR (C368) (DE000DFK0S06) |
| NRW.BANK, 2.03% 28jun2027, EUR (963) (DE000NWB2RT4) |
| Landwirtschaftliche Rentenbank, 4.875% 29jun2029, NZD (1221) (NZLRBDT016C6) |
| Landwirtschaftliche Rentenbank, 1.792% 15jul2030, EUR (XS2502386142) |
| Dekabank, 2.125% 19jul2032, EUR (A-155) (XS2502402360) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.89% 10feb2032, EUR (3206) (DE000A3KK614) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.55% 2feb2034, EUR (3204) (DE000A3KK6Z0) |
| Wustenrot Bausparkasse, 0.31% 29nov2024, EUR (13) (DE000WBP0BC6) |
| Landwirtschaftliche Rentenbank, 1.215% 20dec2027, SEK (XS1739553755) |
| KFW, 3.325% 23oct2026, HKD (XS2924873636) |