| BMW, 3.7% 1apr2032, USD (USU09513JL42) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.82% 29mar2028, EUR (DE000LB2BPC1) |
| De Raj Group, 8% 30sep2022, EUR (DE000A2YNX34) |
| DZ Bank, 1.93% 28nov2024, EUR (A1772) (DE000DFK0ST8) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.725% 9feb2032, EUR (3205) (DE000A3KK606) |
| Epigenomics, 0% 29feb2024, EUR (Conv.) (DE000A3H3ER4) |
| Landesbank Baden-Wuerttemberg (LBBW), 1.5% 1jul2024, EUR (DE000LB2BUA5) |
| Landwirtschaftliche Rentenbank, 1.75% 14jan2027, USD (1192) (XS2101346208) |
| DZ Bank, 0.600% 12nov2029, EUR (DE000DDA0UZ5) |
| Fresenius SE, 1.625% 8oct2027, EUR (8) (XS2152329053) |
| DZ Bank, 0.96% 27dec2028, EUR (Structured) (DE000DD5AN35) |
| BMW, 4.15% 9apr2030, USD (USU09513HY80) |
| Deutsche Bank, 1.21% 5jun2023, JPY (XS2178559006) |
| Landesbank Hessen-Thueringen (Helaba), 1% 12dec2034, EUR (DE000HLB37E9) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.35% 7nov2033, EUR (DE000LB13EB3) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.85% 15jul2024, EUR (Structured) (DE000LB1DWW3) |
| BayernLB, FRN 4dec2020, EUR (DE000BLB2LZ1) |
| DZ Bank, 3.66% 25jun2030, EUR (Structured) (DE000DD5ARC0) |
| Dekabank, 0.41% 30sep2026, EUR (DE000DK0W1V5) |
| Sparkasse Pforzheim Calw, FRN 30jun2023, EUR (DE000A289LP4) |
| Deutsche Bank, 0.63% 22dec2023, EUR (DE000DL19VM7) |
| Landesbank Hessen-Thueringen (Helaba), 2.4% 21oct2022, EUR (Structured) (DE000HLB80F6) |
| Landesbank Hessen-Thueringen (Helaba), 3.55% 5sep2023, EUR (Structured) (DE000HLB8299) |
| Deutsche Bank (London Branch), 0% 28feb2023, USD (1826D, Structured) (US25155MJG78) |
| Deutsche Bank (London Branch), 0% 30nov2023, USD (3653D, Structured) (US25155G6098) |
| NRW.BANK, 0.5% 20jul2026, EUR (647) (DE000NWB2FK8) |
| Dekabank, 0.23% 25jan2030, EUR (DE000DK0T2E4) |
| NORD/LB, 0.19% 5feb2026, EUR (DE000NLB3PS1) |
| KFW, 0.6% 16feb2051, EUR (DE000A3H2ZJ8) |
| Hochtief AG, 0.625% 26apr2029, EUR (7) (DE000A3E5S00) |
| Landesbank Hessen-Thueringen (Helaba), 0.1% 20may2027, EUR (DE000HLB23B5) |
| BayernLB, 0.7% 12jul2027, EUR (DE000BLB4161) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.3% 18jun2031, EUR (DE000LB2BEW3) |
| NORD/LB, 0.15% 16jun2026, EUR (DE000NLB3R26) |
| DZ Bank, FRN 23jun2022, EUR (Structured) (DE000DG6CJ23) |
| Landesbank Hessen-Thueringen (Helaba), 3.34% 2sep2030, EUR (DE000HLB1AH8) |
| DZ Bank, 0.83% 27dec2023, EUR (Structured) (DE000DG6CTB9) |
| Oldenburgische Landesbank, 0.54% 21sep2023, EUR (DE000A1R0ZG8) |
| Landesbank Hessen-Thueringen (Helaba), FRN 18oct2024, EUR (DE000HLB2MR0) |
| Landesbank Baden-Wuerttemberg (LBBW), FRN 22jan2041, EUR (14) (XS0122594921) |
| Delivery Hero, 2.125% 10mar2029, EUR (Conv.) (DE000A3MP437) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.013% 8oct2025, EUR (DE000LB2V8L2) |
| NRW.BANK, 0.5275% 21oct2033, EUR (905) (DE000NWB2Q66) |
| Dekabank, 0.425% 29oct2031, EUR (DE000DK010D7) |
| Landesbank Hessen-Thueringen (Helaba), 0.25% 3dec2027, EUR (DE000HLB2870) |
| Hamburg Commercial Bank, FRN 17jun2026, EUR (DE000HCB0BG1) |
| DVI Deutsche Vermogens- und Immobilienverwaltungs, 2.5% 25jan2027, EUR (XS2431964001) |
| BayernLB, 5.5% 22dec2022, EUR (Structured) (DE000BLB49N8) |
| KFW, 0.32% 24jan2030, EUR (DE000A3MP7E6) |
| BayernLB, 3.35% 11apr2022, EUR (Structured) (DE000BLB5FE1) |
| KFW, 2.39% 9feb2023, CNY (XS2440680812) |
| Earls Eight, 2.725% 20jun2032, AUD (XS2438834231) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.11% 10feb2025, EUR (DE000LB2BN34) |
| Goldman Sachs & Co. Wertpapier, 0% 17sep2024, USD (1096D, Structured) (XS2370195476) |
| DZ Hyp, 0.45% 21mar2025, EUR (1246) (DE000A3MP650) |
| Goldman Sachs & Co. Wertpapier, 0% 10feb2025, USD (1096D, Structured) (XS2423108377) |
| BMW, 3.7% 1apr2032, USD (USU09513JL42) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.82% 29mar2028, EUR (DE000LB2BPC1) |
| De Raj Group, 8% 30sep2022, EUR (DE000A2YNX34) |
| DZ Bank, 1.93% 28nov2024, EUR (A1772) (DE000DFK0ST8) |
| Landeskreditbank Baden-Wurttemberg-FORDERBANK, 0.725% 9feb2032, EUR (3205) (DE000A3KK606) |
| Epigenomics, 0% 29feb2024, EUR (Conv.) (DE000A3H3ER4) |
| Landesbank Baden-Wuerttemberg (LBBW), 1.5% 1jul2024, EUR (DE000LB2BUA5) |
| BNP Paribas Emissions, 0% 4oct2030, EUR (2191D) (DE000PN998V8) |
| Landesbank Baden-Wuerttemberg (LBBW), 2.7% 11sep2026, EUR (DE000LB4W415) |
| Goldman Sachs & Co. Wertpapier, 4.12% 27dec2026, USD (P) (XS2926128930) |
| BayernLB, 0% 10oct2023, EUR (1457D) (DE000BLB72Q3) |
| BayernLB, 0% 22sep2023, EUR (1456D) (DE000BLB7164) |
| BMW, 5% 24jan2028, GBP (XS2985139356) |
| BayernLB, 3.425% 9sep2038, EUR (DE000BLB9Y42) |
| Landesbank Baden-Wuerttemberg (LBBW), 0.9775% 25feb2031, CHF (CH1414003512) |
| NORD/LB, 3% 1nov2032, EUR (DE000NLB46U4) |
| Landesbank Baden-Wuerttemberg (LBBW), 2.7% 25oct2030, EUR (DE000LB5DV88) |
| Deutsche Bank (London Branch), 0% 18jun2017, RUB (1949D, Structured) (XS0744867465) |
| Deutsche Bank, 4.296% 24may2028, USD (US251525AM33) |
| EWE, 4.125% 4nov2020, EUR (XS0699330097) |
| Deutsche Bank, 6.625% perp., USD (US25153Y2063) |
| Deutsche Bank (London Branch), 1.875% 13feb2018, USD (US25152RYD96) |
| Deutsche Bank (Milan Branch), 0% 13nov2022, EUR (3652D) (IT0004852312) |
| BayernLB, 1.1% 28jan2020, EUR (DE000BLB2R14) |
| Bremer Landesbank, 3.875% 2jul2018, EUR (DE000BRL2605) |
| Dekabank, 0.905% 31may2018, EUR (DE000DK0B168) |
| 1&1, 0.75% 12dec2018, EUR (DE000A1X3GS9) |
| DZ Bank, 2.15% 27dec2019, EUR (DE000DZ1JZW5) |
| DZ Bank, FRN 25jun2019, EUR (DE000DZ1JWJ9) |
| GIF, 8.5% 20sep2016, EUR (DE000A1K0FF9) |
| KFW, 5% 22may2019, NOK (NO0010503741) |
| Landesbank Baden-Wuerttemberg (LBBW), 4% 13jul2015, EUR (DE000LBW3WN7) |
| Landesbank Saar, 1% 4aug2020, EUR (DE000SLB5839) |
| Landesbeteiligungen Baden-Wuerttemberg GMbh, 1.3% 15jun2033, EUR (DE000A0Z1351) |
| Landesbank Hessen-Thueringen (Helaba), FRN 28dec2016, EUR (DE000HLB3FG5) |
| NRW.BANK, 0.625% 24jun2019, EUR (DE000NWB16T6) |
| Sparkasse Pforzheim Calw, 3.25% 30nov2016, EUR (DE000A1CSEP4) |
| UniCredit Bank AG, 5.5% 1jul2018, EUR (DE0002101250) |
| NRW.BANK, 4.63% 27aug2018, EUR (DE000NWB1954) |
| BayernLB, 0% 1jun2017, EUR (2183D) (DE000BLB09K8) |
| Landesbank Hessen-Thueringen (Helaba), 0.3% 10dec2020, EUR (DE000HLB4NY0) |
| Landesbank Hessen-Thueringen (Helaba), FRN 6mar2023, EUR (Structured) (DE000HLB10N7) |
| DZ Bank, 1.14% 16jan2017, EUR (DE000DZ1J8D2) |
| Landesbank Hessen-Thueringen (Helaba), 1.6% 6jun2018, EUR (DE000WLB90H0) |