| Foreign Government and Government Agency Obligations - 62.3% | |||
Principal Amount (a) | Value ($) | ||
| ANGOLA - 1.7% | |||
| Angola Republic 8% 11/26/2029 (b) | 10,895,000 | 9,846,356 | |
| Angola Republic 8.25% 5/9/2028 (b) | 26,255,000 | 24,909,431 | |
| Angola Republic 8.75% 4/14/2032 (b) | 11,505,000 | 10,314,923 | |
| Angola Republic 9.125% 11/26/2049 (b) | 7,695,000 | 6,357,455 | |
| Angola Republic 9.375% 5/8/2048 (b) | 16,680,000 | 14,032,050 | |
| Angola Republic 9.5% 11/12/2025 (b) | 16,180,000 | 16,463,150 | |
TOTAL ANGOLA | 81,923,365 | ||
| ARGENTINA - 2.2% | |||
| Argentine Republic 0.75% 7/9/2030 (c) | 54,286,534 | 33,305,332 | |
| Argentine Republic 1% 7/9/2029 | 17,436,997 | 11,325,329 | |
| Argentine Republic 4.125% 7/9/2035 (c) | 73,225,665 | 35,148,319 | |
| Argentine Republic 5% 1/9/2038 (c) | 46,294,088 | 24,304,396 | |
TOTAL ARGENTINA | 104,083,376 | ||
| ARMENIA - 0.3% | |||
| Republic of Armenia 3.6% 2/2/2031 (b) | 14,165,000 | 12,062,383 | |
| BAHRAIN - 0.4% | |||
| Kingdom of Bahrain 5.625% 5/18/2034 (b) | 13,970,000 | 13,328,218 | |
| Kingdom of Bahrain 7.5% 2/12/2036 (b) | 3,705,000 | 4,006,031 | |
TOTAL BAHRAIN | 17,334,249 | ||
| BENIN - 0.3% | |||
| Republic of Benin 4.875% 1/19/2032 (b) | EUR | 8,255,000 | 8,212,716 |
| Republic of Benin 7.96% 2/13/2038 (b) | 6,360,000 | 6,302,363 | |
TOTAL BENIN | 14,515,079 | ||
| BERMUDA - 0.3% | |||
| Bermuda 2.375% 8/20/2030 (b) | 5,325,000 | 4,700,977 | |
| Bermuda 3.375% 8/20/2050 (b) | 5,015,000 | 3,686,025 | |
| Bermuda 5% 7/15/2032 (b) | 3,830,000 | 3,868,300 | |
TOTAL BERMUDA | 12,255,302 | ||
| BRAZIL - 1.7% | |||
| Federative Republic of Brazil 12.25% 3/6/2030 | 13,881,000 | 18,289,328 | |
| Federative Republic of Brazil 3.875% 6/12/2030 | 9,340,000 | 8,725,708 | |
| Federative Republic of Brazil 4.75% 1/14/2050 | 9,500,000 | 7,251,920 | |
| Federative Republic of Brazil 5% 1/27/2045 | 14,450,000 | 11,899,575 | |
| Federative Republic of Brazil 5.625% 2/21/2047 | 8,822,000 | 7,804,471 | |
| Federative Republic of Brazil 7.125% 1/20/2037 | 10,860,000 | 11,962,290 | |
| Federative Republic of Brazil 7.125% 5/13/2054 | 1,630,000 | 1,689,756 | |
| Federative Republic of Brazil 8.25% 1/20/2034 | 11,336,000 | 13,370,018 | |
TOTAL BRAZIL | 80,993,066 | ||
| CHILE - 1.4% | |||
| Chilean Republic 2.45% 1/31/2031 | 30,240,000 | 26,958,960 | |
| Chilean Republic 3.1% 1/22/2061 | 23,465,000 | 15,580,760 | |
| Chilean Republic 3.5% 1/31/2034 | 7,100,000 | 6,510,700 | |
| Chilean Republic 4% 1/31/2052 | 3,960,000 | 3,268,980 | |
| Chilean Republic 4.34% 3/7/2042 | 5,555,000 | 5,063,383 | |
| Chilean Republic 5.33% 1/5/2054 | 9,740,000 | 9,861,750 | |
TOTAL CHILE | 67,244,533 | ||
| COLOMBIA - 2.9% | |||
| Colombian Republic 3% 1/30/2030 | 33,130,000 | 28,375,846 | |
| Colombian Republic 3.125% 4/15/2031 | 24,300,000 | 20,047,500 | |
| Colombian Republic 3.875% 2/15/2061 | 6,730,000 | 3,900,035 | |
| Colombian Republic 4.125% 5/15/2051 | 6,805,000 | 4,280,345 | |
| Colombian Republic 5% 6/15/2045 | 34,505,000 | 25,326,670 | |
| Colombian Republic 5.2% 5/15/2049 | 20,620,000 | 15,248,490 | |
| Colombian Republic 5.625% 2/26/2044 | 11,500,000 | 9,257,500 | |
| Colombian Republic 6.125% 1/18/2041 | 6,410,000 | 5,628,813 | |
| Colombian Republic 7.375% 9/18/2037 | 3,680,000 | 3,730,158 | |
| Colombian Republic 7.5% 2/2/2034 | 4,055,000 | 4,203,008 | |
| Colombian Republic 8% 11/14/2035 | 5,970,000 | 6,355,065 | |
| Colombian Republic 8% 4/20/2033 | 4,165,000 | 4,470,419 | |
| Colombian Republic 8.75% 11/14/2053 | 5,645,000 | 6,179,186 | |
TOTAL COLOMBIA | 137,003,035 | ||
| COSTA RICA - 1.0% | |||
| Costa Rica Government International Bond 5.625% 4/30/2043 (b) | 20,778,000 | 19,427,430 | |
| Costa Rica Government International Bond 6.125% 2/19/2031 (b) | 7,110,000 | 7,365,960 | |
| Costa Rica Government International Bond 6.55% 4/3/2034 (b) | 5,420,000 | 5,766,880 | |
| Costa Rica Government International Bond 7% 4/4/2044 (b) | 4,575,000 | 4,886,695 | |
| Costa Rica Government International Bond 7.3% 11/13/2054 (b) | 8,200,000 | 9,058,130 | |
TOTAL COSTA RICA | 46,505,095 | ||
| COTE D'IVOIRE - 1.0% | |||
| Cote d'Ivoire Treasury Bill 5.875% 10/17/2031 (b) | EUR | 17,545,000 | 18,504,880 |
| Cote d'Ivoire Treasury Bill 6.375% 3/3/2028 (b) | 22,340,000 | 22,340,001 | |
| Cote d'Ivoire Treasury Bill 8.25% 1/30/2037 (b) | 7,215,000 | 7,408,903 | |
TOTAL COTE D'IVOIRE | 48,253,784 | ||
| DOMINICAN REPUBLIC - 3.8% | |||
| Dominican Republic International Bond 4.5% 1/30/2030 (b) | 31,505,000 | 30,136,423 | |
| Dominican Republic International Bond 4.875% 9/23/2032 (b) | 10,930,000 | 10,417,656 | |
| Dominican Republic International Bond 5.3% 1/21/2041 (b) | 6,000,000 | 5,535,000 | |
| Dominican Republic International Bond 5.875% 1/30/2060 (b) | 22,430,000 | 21,049,153 | |
| Dominican Republic International Bond 5.95% 1/25/2027 (b) | 15,654,000 | 15,864,351 | |
| Dominican Republic International Bond 6% 7/19/2028 (b) | 17,451,000 | 17,881,691 | |
| Dominican Republic International Bond 6.4% 6/5/2049 (b) | 6,013,000 | 6,153,945 | |
| Dominican Republic International Bond 6.5% 2/15/2048 (b) | 17,655,000 | 18,173,616 | |
| Dominican Republic International Bond 6.6% 6/1/2036 (b) | 4,104,000 | 4,352,291 | |
| Dominican Republic International Bond 6.85% 1/27/2045 (b) | 19,929,000 | 21,217,211 | |
| Dominican Republic International Bond 7.05% 2/3/2031 (b) | 5,810,000 | 6,260,507 | |
| Dominican Republic International Bond 7.45% 4/30/2044 (b) | 20,824,000 | 23,602,130 | |
TOTAL DOMINICAN REPUBLIC | 180,643,974 | ||
| ECUADOR - 1.5% | |||
| Republic of Ecuador 5% 7/31/2040 (b)(c) | 12,750,000 | 6,623,625 | |
| Republic of Ecuador 5.5% 7/31/2035 (b)(c) | 48,400,000 | 27,515,400 | |
| Republic of Ecuador 6.9% 7/31/2030 (b)(c) | 48,900,000 | 35,525,850 | |
TOTAL ECUADOR | 69,664,875 | ||
| EGYPT - 2.9% | |||
| Arab Republic of Egypt 7.0529% 1/15/2032 (b) | 6,290,000 | 5,448,713 | |
| Arab Republic of Egypt 7.5% 1/31/2027 (b) | 17,344,000 | 17,273,540 | |
| Arab Republic of Egypt 7.5% 2/16/2061 (b) | 28,375,000 | 20,554,283 | |
| Arab Republic of Egypt 7.6003% 3/1/2029 (b) | 24,429,000 | 23,589,253 | |
| Arab Republic of Egypt 7.903% 2/21/2048 (b) | 17,090,000 | 13,095,213 | |
| Arab Republic of Egypt 8.5% 1/31/2047 (b) | 34,441,000 | 27,800,345 | |
| Arab Republic of Egypt 8.7002% 3/1/2049 (b) | 25,240,000 | 20,681,151 | |
| Arab Republic of Egypt Treasury Bills 0% 1/14/2025 | EGP | 170,675,000 | 3,260,748 |
| Arab Republic of Egypt Treasury Bills 0% 12/10/2024 | EGP | 138,675,000 | 2,719,729 |
| Arab Republic of Egypt Treasury Bills 0% 3/18/2025 | EGP | 271,550,000 | 4,957,081 |
TOTAL EGYPT | 139,380,056 | ||
| EL SALVADOR - 0.7% | |||
| El Salvador Republic 0.25% 4/17/2030 (b) | 5,455,000 | 122,737 | |
| El Salvador Republic 6.375% 1/18/2027 (b) | 3,015,000 | 2,894,399 | |
| El Salvador Republic 7.1246% 1/20/2050 (b) | 8,578,000 | 6,519,280 | |
| El Salvador Republic 7.625% 2/1/2041 (b) | 11,695,000 | 9,527,800 | |
| El Salvador Republic 7.65% 6/15/2035 (b) | 11,205,000 | 9,675,518 | |
| El Salvador Republic 9.25% 4/17/2030 (b) | 5,455,000 | 5,415,519 | |
TOTAL EL SALVADOR | 34,155,253 | ||
| GABON - 0.5% | |||
| Gabon Government International Bond 6.625% 2/6/2031 (b) | 3,200,000 | 2,471,000 | |
| Gabon Government International Bond 6.95% 6/16/2025 (b) | 11,450,000 | 10,745,110 | |
| Gabon Government International Bond 7% 11/24/2031 (b) | 13,095,000 | 10,066,781 | |
TOTAL GABON | 23,282,891 | ||
| GEORGIA - 0.2% | |||
| Georgia Republic 2.75% 4/22/2026 (b) | 9,785,000 | 9,253,919 | |
| GHANA - 0.8% | |||
| Ghana Republic 10.75% 10/14/2030 (b) | 18,835,000 | 12,784,257 | |
| Ghana Republic 7.75% (b)(d) | 5,265,000 | 2,797,031 | |
| Ghana Republic 8.125% (b)(d) | 14,445,000 | 7,673,906 | |
| Ghana Republic 8.125% (b)(d) | 8,066,924 | 4,335,972 | |
| Ghana Republic 8.627% (b)(d) | 15,835,000 | 8,372,756 | |
TOTAL GHANA | 35,963,922 | ||
| GUATEMALA - 0.9% | |||
| Republic of Guatemala 3.7% 10/7/2033 (b) | 2,500,000 | 2,133,750 | |
| Republic of Guatemala 4.9% 6/1/2030 (b) | 2,500,000 | 2,438,281 | |
| Republic of Guatemala 5.25% 8/10/2029 (b) | 9,000,000 | 8,883,000 | |
| Republic of Guatemala 5.375% 4/24/2032 (b) | 5,270,000 | 5,230,475 | |
| Republic of Guatemala 6.125% 6/1/2050 (b) | 5,650,000 | 5,401,047 | |
| Republic of Guatemala 6.55% 2/6/2037 (b) | 3,800,000 | 3,939,460 | |
| Republic of Guatemala 6.6% 6/13/2036 (b) | 13,040,000 | 13,646,360 | |
TOTAL GUATEMALA | 41,672,373 | ||
| HUNGARY - 1.8% | |||
| Hungary Government 2.125% 9/22/2031 (b) | 13,890,000 | 11,507,865 | |
| Hungary Government 3.125% 9/21/2051 (b) | 25,355,000 | 16,944,113 | |
| Hungary Government 5.25% 6/16/2029 (b) | 6,100,000 | 6,186,131 | |
| Hungary Government 5.5% 3/26/2036 (b) | 12,790,000 | 12,869,938 | |
| Hungary Government 5.5% 6/16/2034 (b) | 12,895,000 | 13,145,550 | |
| Hungary Government 6.25% 9/22/2032 (b) | 4,105,000 | 4,407,743 | |
| Hungary Government 6.75% 9/25/2052 (b) | 12,980,000 | 14,631,705 | |
| Hungary Government 7.625% 3/29/2041 | 5,500,000 | 6,553,594 | |
TOTAL HUNGARY | 86,246,639 | ||
| INDONESIA - 2.4% | |||
| Indonesia Government 5.125% 1/15/2045 (b) | 24,592,000 | 25,199,115 | |
| Indonesia Government 5.95% 1/8/2046 (b) | 6,230,000 | 6,954,237 | |
| Indonesia Government 6.625% 2/17/2037 (b) | 18,536,000 | 21,663,950 | |
| Indonesia Government 6.75% 1/15/2044 (b) | 6,465,000 | 7,883,259 | |
| Indonesia Government 7.75% 1/17/2038 (b) | 21,772,000 | 27,929,394 | |
| Indonesia Government 8.5% 10/12/2035 (b) | 19,301,000 | 25,410,973 | |
TOTAL INDONESIA | 115,040,928 | ||
| JAMAICA - 0.2% | |||
| Jamaican Government 7.875% 7/28/2045 | 7,490,000 | 9,223,934 | |
| JORDAN - 0.6% | |||
| Jordan Government 5.85% 7/7/2030 (b) | 8,860,000 | 8,306,250 | |
| Jordan Government 7.375% 10/10/2047 (b) | 9,620,000 | 8,814,325 | |
| Jordan Government 7.5% 1/13/2029 (b) | 6,610,000 | 6,699,235 | |
| Jordan Government 7.75% 1/15/2028 (b) | 6,645,000 | 6,817,371 | |
TOTAL JORDAN | 30,637,181 | ||
| KENYA - 0.7% | |||
| Republic of Kenya Infrastructure Bond 6.3% 1/23/2034 (b) | 15,455,000 | 12,605,484 | |
| Republic of Kenya Infrastructure Bond 7% 5/22/2027 (b) | 7,660,000 | 7,525,950 | |
| Republic of Kenya Infrastructure Bond 7.25% 2/28/2028 (b) | 4,015,000 | 3,859,419 | |
| Republic of Kenya Infrastructure Bond 8% 5/22/2032 (b) | 4,815,000 | 4,454,116 | |
| Republic of Kenya Infrastructure Bond 9.75% 2/16/2031 (b) | 6,695,000 | 6,736,844 | |
TOTAL KENYA | 35,181,813 | ||
| LEBANON - 0.1% | |||
| Lebanon Republic 5.8% (d)(e) | 8,540,000 | 667,188 | |
| Lebanon Republic 6% (d)(e) | 5,256,000 | 407,340 | |
| Lebanon Republic 6.1% (d)(e) | 22,896,000 | 1,774,440 | |
| Lebanon Republic 6.2% (d)(e) | 5,669,000 | 439,348 | |
| Lebanon Republic 6.375% (d) | 35,061,000 | 2,718,981 | |
| Lebanon Republic 6.65% (d)(e) | 3,000,000 | 232,499 | |
| Lebanon Republic 6.75% (d)(e) | 3,000,000 | 232,499 | |
TOTAL LEBANON | 6,472,295 | ||
| MEXICO - 1.8% | |||
| United Mexican States 3.25% 4/16/2030 | 23,060,000 | 21,134,490 | |
| United Mexican States 4.75% 4/27/2032 | 5,375,000 | 5,168,063 | |
| United Mexican States 5.75% 10/12/2110 | 12,295,000 | 10,635,175 | |
| United Mexican States 6.05% 1/11/2040 | 35,198,000 | 35,616,152 | |
| United Mexican States 6.338% 5/4/2053 | 5,935,000 | 5,899,761 | |
| United Mexican States 6.35% 2/9/2035 | 9,065,000 | 9,500,120 | |
TOTAL MEXICO | 87,953,761 | ||
| MONGOLIA - 0.1% | |||
| Mongolia Government 3.5% 7/7/2027 (b) | 2,675,000 | 2,484,406 | |
| Mongolia Government 5.125% 4/7/2026 (b) | 2,460,000 | 2,423,100 | |
| Mongolia Government 7.875% 6/5/2029 (b) | 1,970,000 | 2,080,812 | |
TOTAL MONGOLIA | 6,988,318 | ||
| MONTENEGRO - 0.2% | |||
| Republic of Montenegro 7.25% 3/12/2031 (b) | 11,410,000 | 11,892,073 | |
| MOROCCO - 0.2% | |||
| Moroccan Kingdom 6.5% 9/8/2033 (b) | 9,915,000 | 10,748,480 | |
| NIGERIA - 2.5% | |||
| Republic of Nigeria 6.125% 9/28/2028 (b) | 13,115,000 | 11,897,764 | |
| Republic of Nigeria 6.5% 11/28/2027 (b) | 25,043,000 | 23,493,464 | |
| Republic of Nigeria 7.143% 2/23/2030 (b) | 11,415,000 | 10,362,680 | |
| Republic of Nigeria 7.625% 11/21/2025 (b) | 15,862,000 | 15,866,957 | |
| Republic of Nigeria 7.625% 11/28/2047 (b) | 23,015,000 | 17,613,667 | |
| Republic of Nigeria 7.696% 2/23/2038 (b) | 3,500,000 | 2,852,500 | |
| Republic of Nigeria 7.875% 2/16/2032 (b) | 15,065,000 | 13,558,500 | |
| Republic of Nigeria 8.375% 3/24/2029 (b) | 17,000,000 | 16,468,750 | |
| Republic of Nigeria Treasury Bills 0% 3/6/2025 | NGN | 11,519,505,000 | 6,256,885 |
| Republic of Nigeria Treasury Bills 0% 4/10/2025 | NGN | 775,000,000 | 411,144 |
| Republic of Nigeria Treasury Bills 0% 5/20/2025 | NGN | 3,852,355,000 | 1,988,046 |
TOTAL NIGERIA | 120,770,357 | ||
| OMAN - 2.2% | |||
| Oman Sultanate 6% 8/1/2029 (b) | 13,910,000 | 14,583,766 | |
| Oman Sultanate 6.25% 1/25/2031 (b) | 19,185,000 | 20,456,006 | |
| Oman Sultanate 6.5% 3/8/2047 (b) | 27,725,000 | 29,223,883 | |
| Oman Sultanate 6.75% 1/17/2048 (b) | 36,440,000 | 39,491,850 | |
| Oman Sultanate 7% 1/25/2051 (b) | 2,880,000 | 3,218,400 | |
TOTAL OMAN | 106,973,905 | ||
| PAKISTAN - 1.2% | |||
| Islamic Republic of Pakistan 6% 4/8/2026 (b) | 24,660,000 | 23,057,100 | |
| Islamic Republic of Pakistan 6.875% 12/5/2027 (b) | 29,055,000 | 26,331,094 | |
| Islamic Republic of Pakistan 7.375% 4/8/2031 (b) | 7,180,000 | 6,076,075 | |
| Islamic Republic of Pakistan 7.875% 3/31/2036 (b) | 1,293,000 | 1,032,784 | |
TOTAL PAKISTAN | 56,497,053 | ||
| PANAMA - 2.2% | |||
| Panamanian Republic 2.252% 9/29/2032 | 27,505,000 | 21,247,613 | |
| Panamanian Republic 3.16% 1/23/2030 | 13,515,000 | 12,062,138 | |
| Panamanian Republic 3.298% 1/19/2033 | 16,210,000 | 13,511,035 | |
| Panamanian Republic 3.87% 7/23/2060 | 21,270,000 | 13,373,513 | |
| Panamanian Republic 4.3% 4/29/2053 | 7,000,000 | 4,947,949 | |
| Panamanian Republic 4.5% 4/16/2050 | 10,760,000 | 7,907,954 | |
| Panamanian Republic 4.5% 5/15/2047 | 8,025,000 | 6,070,912 | |
| Panamanian Republic 6.4% 2/14/2035 | 9,790,000 | 10,019,478 | |
| Panamanian Republic 6.853% 3/28/2054 | 3,685,000 | 3,723,692 | |
| Panamanian Republic 7.875% 3/1/2057 | 5,480,000 | 6,182,262 | |
| Panamanian Republic 8% 3/1/2038 | 5,795,000 | 6,528,068 | |
TOTAL PANAMA | 105,574,614 | ||
| PARAGUAY - 1.0% | |||
| Republic of Paraguay 2.739% 1/29/2033 (b) | 5,873,000 | 5,003,062 | |
| Republic of Paraguay 4.95% 4/28/2031 (b) | 20,430,000 | 20,372,541 | |
| Republic of Paraguay 5.4% 3/30/2050 (b) | 12,025,000 | 11,213,313 | |
| Republic of Paraguay 5.6% 3/13/2048 (b) | 7,470,000 | 7,145,055 | |
| Republic of Paraguay 6% 2/9/2036 (b) | 4,280,000 | 4,511,119 | |
TOTAL PARAGUAY | 48,245,090 | ||
| PERU - 1.1% | |||
| Peruvian Republic 2.783% 1/23/2031 | 13,915,000 | 12,419,137 | |
| Peruvian Republic 3% 1/15/2034 | 21,165,000 | 18,117,240 | |
| Peruvian Republic 3.3% 3/11/2041 | 30,340,000 | 23,954,644 | |
TOTAL PERU | 54,491,021 | ||
| PHILIPPINES - 1.0% | |||
| Philippine Republic 2.65% 12/10/2045 | 9,490,000 | 6,684,519 | |
| Philippine Republic 2.95% 5/5/2045 | 3,200,000 | 2,366,000 | |
| Philippine Republic 4.75% 3/5/2035 | 1,880,000 | 1,898,800 | |
| Philippine Republic 5% 7/17/2033 | 4,990,000 | 5,144,378 | |
| Philippine Republic 5.5% 1/17/2048 | 3,675,000 | 3,920,159 | |
| Philippine Republic 5.6% 5/14/2049 | 6,620,000 | 7,151,669 | |
| Philippine Republic 5.609% 4/13/2033 | 6,190,000 | 6,634,906 | |
| Philippine Republic 5.95% 10/13/2047 | 11,890,000 | 13,383,681 | |
TOTAL PHILIPPINES | 47,184,112 | ||
| POLAND - 0.7% | |||
| Bank Gospodarstwa Krajowego 5.375% 5/22/2033 (b) | 6,800,000 | 6,953,680 | |
| Bank Gospodarstwa Krajowego 6.25% 10/31/2028 (b) | 3,985,000 | 4,271,123 | |
| Bank Gospodarstwa Krajowego 6.25% 7/9/2054 (b) | 10,915,000 | 11,716,816 | |
| Republic of Poland 5.5% 3/18/2054 | 2,075,000 | 2,112,495 | |
| Republic of Poland 5.5% 4/4/2053 | 8,210,000 | 8,419,766 | |
TOTAL POLAND | 33,473,880 | ||
| QATAR - 2.1% | |||
| State of Qatar 4.4% 4/16/2050 (b) | 28,995,000 | 26,820,375 | |
| State of Qatar 4.817% 3/14/2049 (b) | 49,611,000 | 49,006,366 | |
| State of Qatar 5.103% 4/23/2048 (b) | 17,315,000 | 17,811,594 | |
| State of Qatar 9.75% 6/15/2030 (b) | 3,827,000 | 4,961,667 | |
TOTAL QATAR | 98,600,002 | ||
| ROMANIA - 1.5% | |||
| Romanian Republic 2% 4/14/2033 (e) | EUR | 9,740,000 | 8,436,549 |
| Romanian Republic 3% 2/14/2031 (b) | 21,864,000 | 19,027,146 | |
| Romanian Republic 3.375% 1/28/2050 (e) | EUR | 12,680,000 | 9,572,618 |
| Romanian Republic 3.625% 3/27/2032 (b) | 6,989,000 | 6,213,658 | |
| Romanian Republic 4% 2/14/2051 (b) | 13,640,000 | 9,902,640 | |
| Romanian Republic 7.125% 1/17/2033 (b) | 5,770,000 | 6,312,741 | |
| Romanian Republic 7.625% 1/17/2053 (b) | 4,154,000 | 4,771,865 | |
| Romanian Republic 8% 4/29/2030 | RON | 26,450,000 | 6,310,046 |
TOTAL ROMANIA | 70,547,263 | ||
| RWANDA - 0.2% | |||
| Rwanda Republic 5.5% 8/9/2031 (b) | 13,625,000 | 11,270,430 | |
| SAUDI ARABIA - 1.4% | |||
| Kingdom of Saudi Arabia 2.25% 2/2/2033 (b) | 22,070,000 | 18,435,347 | |
| Kingdom of Saudi Arabia 3.45% 2/2/2061 (b) | 9,925,000 | 6,734,409 | |
| Kingdom of Saudi Arabia 3.75% 1/21/2055 (b) | 19,480,000 | 14,372,588 | |
| Kingdom of Saudi Arabia 4.5% 10/26/2046 (b) | 17,219,000 | 15,174,244 | |
| Kingdom of Saudi Arabia 4.5% 4/22/2060 (b) | 12,970,000 | 10,911,013 | |
TOTAL SAUDI ARABIA | 65,627,601 | ||
| SENEGAL - 0.2% | |||
| Republic of Senegal 6.25% 5/23/2033 (b) | 8,215,000 | 7,072,602 | |
| Republic of Senegal 6.75% 3/13/2048 (b) | 5,810,000 | 4,281,243 | |
TOTAL SENEGAL | 11,353,845 | ||
| SERBIA - 1.0% | |||
| Republic of Serbia 2.125% 12/1/2030 (b) | 22,890,000 | 19,124,595 | |
| Republic of Serbia 6% 6/12/2034 (b) | 9,795,000 | 10,083,953 | |
| Republic of Serbia 6.25% 5/26/2028 (b) | 3,140,000 | 3,264,124 | |
| Republic of Serbia 6.5% 9/26/2033 (b) | 12,130,000 | 12,958,236 | |
TOTAL SERBIA | 45,430,908 | ||
| SOUTH AFRICA - 1.1% | |||
| South African Republic 5.65% 9/27/2047 | 22,135,000 | 18,427,388 | |
| South African Republic 5.75% 9/30/2049 | 32,720,000 | 27,116,700 | |
| South African Republic 7.3% 4/20/2052 | 7,475,000 | 7,418,937 | |
TOTAL SOUTH AFRICA | 52,963,025 | ||
| SRI LANKA - 1.1% | |||
| Sri Lanka Government International Bond 6.2% (b)(d) | 14,360,000 | 8,010,151 | |
| Sri Lanka Government International Bond 6.825% (b)(d) | 17,195,000 | 9,661,441 | |
| Sri Lanka Government International Bond 6.85% (b)(d) | 14,285,000 | 8,035,313 | |
| Sri Lanka Government International Bond 7.55% (b)(d) | 12,490,000 | 7,010,012 | |
| Sri Lanka Government International Bond 7.85% (b)(d) | 33,265,000 | 18,753,144 | |
TOTAL SRI LANKA | 51,470,061 | ||
| TURKEY - 3.7% | |||
| Turkish Republic 0% 1/3/2035 | 17,175,000 | 16,848,675 | |
| Turkish Republic 26.2% 10/5/2033 | TRY | 212,605,000 | 6,117,503 |
| Turkish Republic 31.08% 11/8/2028 | TRY | 183,520,000 | 5,501,978 |
| Turkish Republic 37% 2/18/2026 | TRY | 74,870,000 | 2,167,447 |
| Turkish Republic 4.75% 1/26/2026 | 10,600,000 | 10,616,563 | |
| Turkish Republic 4.875% 4/16/2043 | 29,705,000 | 22,388,659 | |
| Turkish Republic 5.125% 2/17/2028 | 11,310,000 | 11,213,865 | |
| Turkish Republic 5.75% 5/11/2047 | 16,625,000 | 13,466,250 | |
| Turkish Republic 6% 1/14/2041 | 29,698,000 | 26,171,363 | |
| Turkish Republic 6% 3/25/2027 | 8,850,000 | 9,032,576 | |
| Turkish Republic 6.625% 2/17/2045 | 530,000 | 481,610 | |
| Turkish Republic 7.625% 5/15/2034 | 7,955,000 | 8,442,244 | |
| Turkish Republic 9.125% 7/13/2030 | 8,800,000 | 10,045,750 | |
| Turkish Republic 9.375% 1/19/2033 | 2,725,000 | 3,191,656 | |
| Turkish Republic 9.375% 3/14/2029 | 25,665,000 | 29,113,734 | |
TOTAL TURKEY | 174,799,873 | ||
| UKRAINE - 1.2% | |||
| Ukraine Government 0% 2/1/2030 (b)(c)(g) | 4,009,433 | 1,744,103 | |
| Ukraine Government 0% 2/1/2034 (b)(c)(g) | 14,982,632 | 5,071,621 | |
| Ukraine Government 0% 2/1/2035 (b)(c)(g) | 18,446,378 | 8,033,398 | |
| Ukraine Government 0% 2/1/2036 (b)(c)(g) | 10,551,148 | 4,544,907 | |
| Ukraine Government 0% 8/1/2041 (b)(f) | 8,905,000 | 6,237,953 | |
| Ukraine Government 1.75% 2/1/2029 (b)(c) | 19,719,669 | 11,553,754 | |
| Ukraine Government 1.75% 2/1/2034 (b)(c) | 24,279,212 | 10,755,691 | |
| Ukraine Government 1.75% 2/1/2035 (b)(c) | 15,258,656 | 6,576,481 | |
| Ukraine Government 1.75% 2/1/2036 (b)(c) | 10,401,782 | 4,433,239 | |
TOTAL UKRAINE | 58,951,147 | ||
| UNITED ARAB EMIRATES - 1.8% | |||
| Emirate of Abu Dhabi 3.125% 9/30/2049 (b) | 47,628,000 | 34,827,975 | |
| Emirate of Abu Dhabi 3.875% 4/16/2050 (b) | 34,065,000 | 28,572,019 | |
| Emirate of Abu Dhabi 5.5% 4/30/2054 (b) | 7,330,000 | 7,806,450 | |
| Emirate of Dubai 3.9% 9/9/2050 (e) | 17,255,000 | 13,307,919 | |
TOTAL UNITED ARAB EMIRATES | 84,514,363 | ||
| URUGUAY - 0.7% | |||
| Uruguay Republic 5.1% 6/18/2050 | 27,510,000 | 27,413,715 | |
| Uruguay Republic 5.75% 10/28/2034 | 5,850,000 | 6,360,047 | |
TOTAL URUGUAY | 33,773,762 | ||
| UZBEKISTAN - 0.3% | |||
| Republic of Uzbekistan 3.9% 10/19/2031 (b) | 12,475,000 | 10,646,633 | |
| Republic of Uzbekistan 5.375% 2/20/2029 (b) | 4,950,000 | 4,789,125 | |
TOTAL UZBEKISTAN | 15,435,758 | ||
| VENEZUELA - 1.3% | |||
| Venezuela Republic 11.75% (d)(e) | 65,000,000 | 10,595,000 | |
| Venezuela Republic 11.95% (d)(e) | 82,250,000 | 13,036,625 | |
| Venezuela Republic 12.75% (d)(e) | 42,425,000 | 6,788,000 | |
| Venezuela Republic 9.25% (d) | 62,675,000 | 9,871,313 | |
| Venezuelan Republic 9% (d)(e) | 43,195,000 | 6,047,299 | |
| Venezuelan Republic 9.25% (d)(e) | 70,265,000 | 10,188,425 | |
| Venezuelan Republic 9.375% (d) | 46,005,000 | 7,705,838 | |
TOTAL VENEZUELA | 64,232,500 | ||
| ZAMBIA - 0.2% | |||
| Republic of Zambia 0.5% 12/31/2053 (b) | 8,209,128 | 4,042,995 | |
| Republic of Zambia 5.75% 6/30/2033 (b)(c) | 8,567,209 | 7,517,726 | |
TOTAL ZAMBIA | 11,560,721 | ||
| TOTAL FOREIGN GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS (Cost $3,197,665,967) | 2,980,317,243 | ||
| Non-Convertible Corporate Bonds - 30.8% | |||
Principal Amount (a) | Value ($) | ||
| AZERBAIJAN - 0.8% | |||
| Energy - 0.8% | |||
| Energy Equipment & Services - 0.8% | |||
| Southern Gas Corridor CJSC 6.875% 3/24/2026 (b) | 27,844,000 | 28,461,789 | |
| State Oil Co of the Azerbaijan Republic 6.95% 3/18/2030 (e) | 9,030,000 | 9,577,489 | |
| TOTAL AZERBAIJAN | 38,039,278 | ||
| BAHRAIN - 0.5% | |||
| Energy - 0.5% | |||
| Energy Equipment & Services - 0.5% | |||
| Bapco Energies BSC Closed 7.5% 10/25/2027 (b) | 24,018,000 | 25,128,833 | |
| BRAZIL - 2.7% | |||
| Consumer Staples - 0.2% | |||
| Consumer Staples Distribution & Retail - 0.1% | |||
| NBM US Holdings Inc 6.625% 8/6/2029 (b) | 5,930,000 | 6,026,363 | |
| Food Products - 0.1% | |||
| Adecoagro SA 6% 9/21/2027 (b) | 3,168,000 | 3,159,098 | |
| Marb Bondco PLC 3.95% 1/29/2031 (b) | 3,045,000 | 2,686,603 | |
| 5,845,701 | |||
| Energy - 0.3% | |||
| Energy Equipment & Services - 0.0% | |||
| Yinson Boronia Production BV 8.947% 7/31/2042 (b) | 3,660,000 | 3,905,403 | |
| Oil, Gas & Consumable Fuels - 0.3% | |||
| MC Brazil Downstream Trading SARL 7.25% 6/30/2031 (b) | 14,139,857 | 12,115,029 | |
TOTAL ENERGY | 16,020,432 | ||
| Financials - 0.2% | |||
| Financial Services - 0.2% | |||
| Cosan Luxembourg SA 7.25% 6/27/2031 (b) | 9,590,000 | 10,026,105 | |
| Industrials - 0.8% | |||
| Aerospace & Defense - 0.5% | |||
| Embraer Netherlands Finance BV 5.4% 2/1/2027 | 2,685,000 | 2,720,039 | |
| Embraer Netherlands Finance BV 6.95% 1/17/2028 (b) | 3,270,000 | 3,440,531 | |
| Embraer Netherlands Finance BV 7% 7/28/2030 (b) | 10,595,000 | 11,540,074 | |
| 17,700,644 | |||
| Passenger Airlines - 0.3% | |||
| Azul Investments LLP 5.875% 10/26/2024 (b) | 620,000 | 384,400 | |
| Azul Secured Finance LLP 11.5% 5/28/2029 (b) | 18,120,325 | 11,415,080 | |
| Azul Secured Finance LLP 11.93% 8/28/2028 (b) | 4,805,000 | 4,648,837 | |
| 16,448,317 | |||
TOTAL INDUSTRIALS | 34,148,961 | ||
| Materials - 1.0% | |||
| Chemicals - 0.2% | |||
| Braskem Netherlands Finance BV 5.875% 1/31/2050 (b) | 5,550,000 | 4,329,000 | |
| Braskem Netherlands Finance BV 7.25% 2/13/2033 (b) | 5,790,000 | 5,736,153 | |
| 10,065,153 | |||
| Metals & Mining - 0.8% | |||
| CSN Resources SA 8.875% 12/5/2030 (b) | 13,790,000 | 13,932,037 | |
| Nexa Resources SA 6.5% 1/18/2028 (b) | 3,781,000 | 3,901,520 | |
| Nexa Resources SA 6.75% 4/9/2034 (b) | 3,175,000 | 3,361,531 | |
| Samarco Mineracao SA 9% 6/30/2031 pay-in-kind (b)(f) | 12,771,899 | 11,897,024 | |
| 33,092,112 | |||
TOTAL MATERIALS | 43,157,265 | ||
| Utilities - 0.2% | |||
| Water Utilities - 0.2% | |||
| Aegea Finance Sarl 9% 1/20/2031 (b) | 10,770,000 | 11,631,600 | |
| TOTAL BRAZIL | 126,856,427 | ||
| BURKINA FASO - 0.2% | |||
| Materials - 0.2% | |||
| Metals & Mining - 0.2% | |||
| Endeavour Mining PLC 5% 10/14/2026 (b) | 7,840,000 | 7,600,880 | |
| CHILE - 1.8% | |||
| Communication Services - 0.3% | |||
| Wireless Telecommunication Services - 0.3% | |||
| VTR Comunicaciones SpA 5.125% 1/15/2028 (b) | 16,142,000 | 14,785,103 | |
| Energy - 0.1% | |||
| Oil, Gas & Consumable Fuels - 0.1% | |||
| Empresa Nacional del Petroleo 5.95% 7/30/2034 (b) | 4,165,000 | 4,375,333 | |
| Materials - 1.4% | |||
| Metals & Mining - 1.4% | |||
| Antofagasta PLC 2.375% 10/14/2030 (b) | 12,195,000 | 10,560,138 | |
| Antofagasta PLC 5.625% 5/13/2032 (b) | 6,195,000 | 6,333,582 | |
| Corp Nacional del Cobre de Chile 3.15% 1/14/2030 (b) | 9,240,000 | 8,525,101 | |
| Corp Nacional del Cobre de Chile 3.15% 1/15/2051 (b) | 8,130,000 | 5,463,360 | |
| Corp Nacional del Cobre de Chile 3.7% 1/30/2050 (b) | 16,785,000 | 12,494,335 | |
| Corp Nacional del Cobre de Chile 4.5% 8/1/2047 (b) | 6,855,000 | 5,833,177 | |
| Corp Nacional del Cobre de Chile 5.125% 2/2/2033 (b) | 4,740,000 | 4,723,706 | |
| Corp Nacional del Cobre de Chile 5.95% 1/8/2034 (b) | 4,795,000 | 5,039,245 | |
| Corp Nacional del Cobre de Chile 6.3% 9/8/2053 (b) | 5,575,000 | 5,906,016 | |
| Corp Nacional del Cobre de Chile 6.44% 1/26/2036 (b) | 3,905,000 | 4,245,467 | |
| 69,124,127 | |||
| TOTAL CHILE | 88,284,563 | ||
| CHINA - 1.0% | |||
| Consumer Discretionary - 0.8% | |||
| Broadline Retail - 0.4% | |||
| Prosus NV 3.832% 2/8/2051 (b) | 7,355,000 | 5,166,887 | |
| Prosus NV 4.193% 1/19/2032 (b) | 11,350,000 | 10,654,813 | |
| 15,821,700 | |||
| Hotels, Restaurants & Leisure - 0.4% | |||
| Meituan 3.05% 10/28/2030 (b) | 11,695,000 | 10,649,759 | |
| Meituan 4.625% 10/2/2029 (b) | 5,655,000 | 5,621,617 | |
| 16,271,376 | |||
TOTAL CONSUMER DISCRETIONARY | 32,093,076 | ||
| Materials - 0.1% | |||
| Chemicals - 0.1% | |||
| ENN Clean Energy International Investment Ltd 3.375% 5/12/2026 (b) | 7,295,000 | 7,082,989 | |
| Utilities - 0.1% | |||
| Gas Utilities - 0.1% | |||
| ENN Energy Holdings Ltd 4.625% 5/17/2027 (b) | 6,815,000 | 6,817,044 | |
| TOTAL CHINA | 45,993,109 | ||
| COLOMBIA - 0.9% | |||
| Energy - 0.5% | |||
| Oil, Gas & Consumable Fuels - 0.5% | |||
| Ecopetrol SA 8.375% 1/19/2036 | 6,495,000 | 6,624,900 | |
| Ecopetrol SA 8.875% 1/13/2033 | 11,770,000 | 12,608,024 | |
| Geopark Ltd 5.5% 1/17/2027 (b) | 2,885,000 | 2,744,789 | |
| 21,977,713 | |||
| Materials - 0.1% | |||
| Metals & Mining - 0.1% | |||
| Aris Mining Corp 6.875% 8/9/2026 (b) | 7,180,000 | 7,115,380 | |
| Utilities - 0.3% | |||
| Independent Power and Renewable Electricity Producers - 0.3% | |||
| Enfragen Energia Sur SA 5.375% 12/30/2030 (b) | 11,545,000 | 9,928,700 | |
| Termocandelaria Power SA 7.75% 9/17/2031 (b) | 5,660,000 | 5,780,558 | |
| 15,709,258 | |||
| TOTAL COLOMBIA | 44,802,351 | ||
| COSTA RICA - 0.1% | |||
| Financials - 0.1% | |||
| Financial Services - 0.1% | |||
| Liberty Costa Rica Senior Secured Finance 10.875% 1/15/2031 (b) | 4,880,000 | 5,355,799 | |
| GEORGIA - 0.1% | |||
| Industrials - 0.1% | |||
| Ground Transportation - 0.1% | |||
| Georgian Railway JSC 4% 6/17/2028 (b) | 7,705,000 | 6,957,153 | |
| GHANA - 1.0% | |||
| Energy - 1.0% | |||
| Oil, Gas & Consumable Fuels - 1.0% | |||
| Kosmos Energy Ltd 7.5% 3/1/2028 (b) | 6,305,000 | 6,094,176 | |
| Kosmos Energy Ltd 8.75% 10/1/2031 (b) | 23,695,000 | 23,398,813 | |
| Tullow Oil PLC 10.25% 5/15/2026 (b) | 18,340,000 | 16,763,906 | |
| TOTAL GHANA | 46,256,895 | ||
| GUATEMALA - 0.6% | |||
| Communication Services - 0.5% | |||
| Wireless Telecommunication Services - 0.5% | |||
| CT Trust 5.125% 2/3/2032 (b) | 9,920,000 | 9,093,664 | |
| Millicom International Cellular SA 4.5% 4/27/2031 (b) | 9,095,000 | 8,151,394 | |
| Millicom International Cellular SA 7.375% 4/2/2032 (b) | 5,070,000 | 5,196,750 | |
| 22,441,808 | |||
| Utilities - 0.1% | |||
| Independent Power and Renewable Electricity Producers - 0.1% | |||
| Investment Energy Resources Ltd 6.25% 4/26/2029 (b) | 6,260,000 | 6,166,100 | |
| TOTAL GUATEMALA | 28,607,908 | ||
| HUNGARY - 0.1% | |||
| Financials - 0.1% | |||
| Banks - 0.1% | |||
| Magyar Export-Import Bank Zrt 6.125% 12/4/2027 (b) | 4,230,000 | 4,345,013 | |
| INDIA - 0.2% | |||
| Information Technology - 0.2% | |||
| IT Services - 0.2% | |||
| CA Magnum Holdings 5.375% 10/31/2026 (b) | 8,295,000 | 8,177,958 | |
| INDONESIA - 1.2% | |||
| Energy - 0.4% | |||
| Oil, Gas & Consumable Fuels - 0.4% | |||
| Adaro Indonesia PT 4.25% 10/31/2024 (b) | 3,555,000 | 3,542,344 | |
| Medco Laurel Tree Pte Ltd 6.95% 11/12/2028 (b) | 17,175,000 | 17,151,299 | |
| 20,693,643 | |||
| Materials - 0.8% | |||
| Metals & Mining - 0.8% | |||
| Freeport Indonesia PT 4.763% 4/14/2027 (b) | 5,520,000 | 5,547,600 | |
| Freeport Indonesia PT 5.315% 4/14/2032 (b) | 8,260,000 | 8,370,478 | |
| Freeport Indonesia PT 6.2% 4/14/2052 (b) | 6,385,000 | 6,761,587 | |
| Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT 5.45% 5/15/2030 (b) | 15,185,000 | 15,465,922 | |
| 36,145,587 | |||
| TOTAL INDONESIA | 56,839,230 | ||
| ISRAEL - 0.5% | |||
| Energy - 0.5% | |||
| Oil, Gas & Consumable Fuels - 0.5% | |||
| Energean Israel Finance Ltd 4.875% 3/30/2026 (b)(e) | 12,100,000 | 11,530,804 | |
| Leviathan Bond Ltd 6.125% 6/30/2025 (b)(e) | 14,380,000 | 14,136,000 | |
| TOTAL ISRAEL | 25,666,804 | ||
| JAMAICA - 0.1% | |||
| Industrials - 0.1% | |||
| Transportation Infrastructure - 0.1% | |||
| Kingston Airport Revenue Finance Ltd 6.75% 12/15/2036 (b) | 2,375,000 | 2,449,812 | |
| KAZAKHSTAN - 0.5% | |||
| Energy - 0.5% | |||
| Oil, Gas & Consumable Fuels - 0.5% | |||
| KazMunayGas National Co JSC 3.5% 4/14/2033 (b) | 11,795,000 | 10,261,650 | |
| KazMunayGas National Co JSC 5.75% 4/19/2047 (b) | 5,940,000 | 5,481,491 | |
| Tengizchevroil Finance Co International Ltd 3.25% 8/15/2030 (b) | 7,950,000 | 6,893,843 | |
| TOTAL KAZAKHSTAN | 22,636,984 | ||
| KUWAIT - 0.1% | |||
| Materials - 0.1% | |||
| Chemicals - 0.1% | |||
| MEGlobal BV 4.25% 11/3/2026 (b) | 5,700,000 | 5,628,180 | |
| MALAYSIA - 1.1% | |||
| Consumer Discretionary - 0.2% | |||
| Hotels, Restaurants & Leisure - 0.2% | |||
| GENM Capital Labuan Ltd 3.882% 4/19/2031 (b) | 10,840,000 | 9,854,237 | |
| Energy - 0.5% | |||
| Oil, Gas & Consumable Fuels - 0.5% | |||
| Petronas Capital Ltd 3.404% 4/28/2061 (b) | 14,910,000 | 10,844,640 | |
| Petronas Capital Ltd 3.5% 4/21/2030 (b) | 10,240,000 | 9,805,926 | |
| Petronas Capital Ltd 4.8% 4/21/2060 (b) | 3,500,000 | 3,331,370 | |
| 23,981,936 | |||
| Industrials - 0.4% | |||
| Marine Transportation - 0.4% | |||
| MISC Capital Two Labuan Ltd 3.625% 4/6/2025 (b) | 3,770,000 | 3,745,259 | |
| MISC Capital Two Labuan Ltd 3.75% 4/6/2027 (b) | 13,415,000 | 13,183,189 | |
| 16,928,448 | |||
| TOTAL MALAYSIA | 50,764,621 | ||
| MAURITIUS - 0.1% | |||
| Communication Services - 0.1% | |||
| Wireless Telecommunication Services - 0.1% | |||
| Axian Telecom 7.375% 2/16/2027 (b) | 6,250,000 | 6,273,438 | |
| MEXICO - 4.5% | |||
| Communication Services - 0.2% | |||
| Media - 0.2% | |||
| TV Azteca SAB de CV 8.25% (d)(e) | 27,098,000 | 10,297,240 | |
| Consumer Discretionary - 0.3% | |||
| Hotels, Restaurants & Leisure - 0.3% | |||
| Bimbo Bakeries USA Inc 5.375% 1/9/2036 (b) | 4,265,000 | 4,396,948 | |
| Bimbo Bakeries USA Inc 6.4% 1/15/2034 (b) | 7,665,000 | 8,453,058 | |
| 12,850,006 | |||
| Energy - 3.7% | |||
| Oil, Gas & Consumable Fuels - 3.7% | |||
| Petroleos Mexicanos 6.5% 3/13/2027 | 9,810,000 | 9,608,895 | |
| Petroleos Mexicanos 6.5% 6/2/2041 | 11,163,000 | 8,180,804 | |
| Petroleos Mexicanos 6.625% 6/15/2035 | 69,624,000 | 56,600,831 | |
| Petroleos Mexicanos 6.7% 2/16/2032 | 14,394,000 | 12,870,395 | |
| Petroleos Mexicanos 6.95% 1/28/2060 | 35,910,000 | 25,697,196 | |
| Petroleos Mexicanos 7.69% 1/23/2050 | 77,975,000 | 60,539,790 | |
| 173,497,911 | |||
| Materials - 0.2% | |||
| Chemicals - 0.2% | |||
| Braskem Idesa SAPI 6.99% 2/20/2032 (b) | 3,565,000 | 2,807,438 | |
| Braskem Idesa SAPI 7.45% 11/15/2029 (b) | 9,620,000 | 8,302,060 | |
| 11,109,498 | |||
| Utilities - 0.1% | |||
| Independent Power and Renewable Electricity Producers - 0.1% | |||
| Buffalo Energy Mexico Holdings / Buffalo Energy Infrastructure / Buffalo Energy 7.875% 2/15/2039 (b) | 3,910,000 | 4,173,925 | |
| TOTAL MEXICO | 211,928,580 | ||
| MOROCCO - 0.5% | |||
| Materials - 0.5% | |||
| Chemicals - 0.5% | |||
| OCP SA 3.75% 6/23/2031 (b) | 10,060,000 | 9,035,138 | |
| OCP SA 5.125% 6/23/2051 (b) | 4,000,000 | 3,251,200 | |
| OCP SA 6.875% 4/25/2044 (b) | 5,295,000 | 5,390,972 | |
| OCP SA 7.5% 5/2/2054 (b) | 6,740,000 | 7,309,934 | |
| TOTAL MOROCCO | 24,987,244 | ||
| NIGERIA - 0.2% | |||
| Communication Services - 0.1% | |||
| Diversified Telecommunication Services - 0.1% | |||
| IHS Holding Ltd 5.625% 11/29/2026 (b) | 5,980,000 | 5,878,460 | |
| Information Technology - 0.1% | |||
| Communications Equipment - 0.1% | |||
| IHS Netherlands Holdco BV 8% 9/18/2027 (b) | 3,300,000 | 3,306,187 | |
| TOTAL NIGERIA | 9,184,647 | ||
| OMAN - 0.1% | |||
| Utilities - 0.1% | |||
| Electric Utilities - 0.1% | |||
| Lamar Funding Ltd 3.958% 5/7/2025 (b) | 7,050,000 | 6,988,242 | |
| PANAMA - 0.6% | |||
| Communication Services - 0.5% | |||
| Diversified Telecommunication Services - 0.2% | |||
| Sable International Finance Ltd 7.125% 10/15/2032 (b) | 7,810,000 | 7,825,854 | |
| Media - 0.2% | |||
| Telecomunicaciones Digitales SA 4.5% 1/30/2030 (b) | 12,710,000 | 11,641,598 | |
| Wireless Telecommunication Services - 0.1% | |||
| C&W Senior Finance Ltd 6.875% 9/15/2027 (b) | 5,700,000 | 5,680,186 | |
| Industrials - 0.1% | |||
| Air Freight & Logistics - 0.1% | |||
| Aeropuerto Internacional de Tocumen SA 5.125% 8/11/2061 (b) | 5,720,000 | 4,542,023 | |
| TOTAL PANAMA | 29,689,661 | ||
| PARAGUAY - 0.1% | |||
| Communication Services - 0.1% | |||
| Diversified Telecommunication Services - 0.1% | |||
| Telefonica Celular del Paraguay SA 5.875% 4/15/2027 (b) | 3,750,000 | 3,718,162 | |
| PERU - 0.3% | |||
| Consumer Staples - 0.1% | |||
| Food Products - 0.1% | |||
| Camposol SA 6% 2/3/2027 (b) | 5,035,000 | 4,509,497 | |
| Materials - 0.1% | |||
| Metals & Mining - 0.1% | |||
| Cia de Minas Buenaventura SAA 5.5% 7/23/2026 (b) | 2,435,000 | 2,394,214 | |
| Volcan Cia Minera SAA 8.75% 1/24/2030 (b) | 2,530,000 | 2,181,771 | |
| 4,575,985 | |||
| Utilities - 0.1% | |||
| Independent Power and Renewable Electricity Producers - 0.1% | |||
| Niagara Energy SAC 5.746% 10/3/2034 (b) | 5,625,000 | 5,641,875 | |
| TOTAL PERU | 14,727,357 | ||
| PUERTO RICO - 0.2% | |||
| Communication Services - 0.2% | |||
| Media - 0.2% | |||
| Lcpr Senior Secured Financing Dac 5.125% 7/15/2029 (b) | 13,730,000 | 11,227,627 | |
| QATAR - 1.5% | |||
| Energy - 1.5% | |||
| Oil, Gas & Consumable Fuels - 1.5% | |||
| QatarEnergy 2.25% 7/12/2031 (b) | 33,670,000 | 29,629,600 | |
| QatarEnergy 3.125% 7/12/2041 (b) | 11,965,000 | 9,481,186 | |
| QatarEnergy 3.3% 7/12/2051 (b) | 42,435,000 | 31,773,206 | |
| TOTAL QATAR | 70,883,992 | ||
| SAUDI ARABIA - 3.2% | |||
| Energy - 2.5% | |||
| Oil, Gas & Consumable Fuels - 2.5% | |||
| EIG Pearl Holdings Sarl 3.545% 8/31/2036 (b) | 23,470,000 | 20,841,125 | |
| Saudi Arabian Oil Co 2.25% 11/24/2030 (b) | 18,280,000 | 16,061,539 | |
| Saudi Arabian Oil Co 3.25% 11/24/2050 (b) | 20,230,000 | 14,230,591 | |
| Saudi Arabian Oil Co 3.5% 4/16/2029 (b) | 30,676,000 | 29,554,409 | |
| Saudi Arabian Oil Co 4.25% 4/16/2039 (b) | 22,055,000 | 20,014,913 | |
| Saudi Arabian Oil Co 4.375% 4/16/2049 (b) | 19,984,000 | 17,261,180 | |
| Saudi Arabian Oil Co 5.875% 7/17/2064 (b) | 2,505,000 | 2,527,044 | |
| 120,490,801 | |||
| Industrials - 0.7% | |||
| Construction & Engineering - 0.7% | |||
| Greensaif Pipelines Bidco Sarl 5.8528% 2/23/2036 (b) | 3,800,000 | 3,928,250 | |
| Greensaif Pipelines Bidco Sarl 6.1027% 8/23/2042 (b) | 8,695,000 | 8,988,456 | |
| Greensaif Pipelines Bidco Sarl 6.129% 2/23/2038 (b) | 7,665,000 | 8,120,148 | |
| Greensaif Pipelines Bidco Sarl 6.51% 2/23/2042 (b) | 6,145,000 | 6,630,839 | |
| TMS Issuer Sarl 5.78% 8/23/2032 (b) | 6,660,000 | 6,998,062 | |
| 34,665,755 | |||
| TOTAL SAUDI ARABIA | 155,156,556 | ||
| SOUTH AFRICA - 1.8% | |||
| Communication Services - 0.2% | |||
| Diversified Telecommunication Services - 0.2% | |||
| Liquid Telecommunications Financing Plc 5.5% 9/4/2026 (b) | 13,580,000 | 9,166,500 | |
| Materials - 0.6% | |||
| Chemicals - 0.5% | |||
| Sasol Financing USA LLC 4.375% 9/18/2026 | 26,265,000 | 25,444,219 | |
| Metals & Mining - 0.1% | |||
| Stillwater Mining Co 4% 11/16/2026 (b) | 4,650,000 | 4,440,750 | |
| Utilities - 1.0% | |||
| Electric Utilities - 1.0% | |||
| Eskom Holdings SOC Ltd 6.35% 8/10/2028 (b) | 15,665,000 | 15,899,975 | |
| Eskom Holdings SOC Ltd 7.125% 2/11/2025 (b) | 20,935,000 | 20,952,795 | |
| Eskom Holdings SOC Ltd 8.45% 8/10/2028 (b) | 10,415,000 | 11,015,737 | |
| 47,868,507 | |||
| TOTAL SOUTH AFRICA | 86,919,976 | ||
| TURKEY - 0.3% | |||
| Financials - 0.1% | |||
| Banks - 0.1% | |||
| Turkiye Ihracat Kredi Bankasi AS 9% 1/28/2027 (b) | 6,585,000 | 7,025,371 | |
| Industrials - 0.2% | |||
| Building Products - 0.2% | |||
| Sisecam UK PLC 8.625% 5/2/2032 (b) | 6,925,000 | 7,115,438 | |
| TOTAL TURKEY | 14,140,809 | ||
| UKRAINE - 0.2% | |||
| Energy - 0.2% | |||
| Oil, Gas & Consumable Fuels - 0.2% | |||
| NAK Naftogaz Ukraine via Kondor Finance PLC loan participation 7.625% 11/8/2028 (b) | 7,055,000 | 5,749,825 | |
| NAK Naftogaz Ukraine via Kondor Finance PLC loan participation 7.65% 7/19/2025 pay-in-kind (e) | 6,283,149 | 5,654,834 | |
| TOTAL UKRAINE | 11,404,659 | ||
| UNITED ARAB EMIRATES - 2.1% | |||
| Energy - 0.5% | |||
| Oil, Gas & Consumable Fuels - 0.5% | |||
| Adnoc Murban Rsc Ltd 5.125% 9/11/2054 (b) | 7,635,000 | 7,505,205 | |
| Galaxy Pipeline Assets Bidco Ltd 2.16% 3/31/2034 (b) | 8,203,285 | 7,270,899 | |
| Galaxy Pipeline Assets Bidco Ltd 2.625% 3/31/2036 (b) | 10,620,000 | 9,066,825 | |
| 23,842,929 | |||
| Financials - 1.1% | |||
| Financial Services - 1.1% | |||
| Abu Dhabi Developmental Holding Co PJSC 5.25% 10/2/2054 (b) | 9,540,000 | 9,420,750 | |
| Abu Dhabi Developmental Holding Co PJSC 5.5% 5/8/2034 (b) | 4,920,000 | 5,209,050 | |
| MDGH GMTN RSC Ltd 2.875% 11/7/2029 (b) | 6,805,000 | 6,364,512 | |
| MDGH GMTN RSC Ltd 3.375% 3/28/2032 (e) | 2,140,000 | 2,001,569 | |
| MDGH GMTN RSC Ltd 4.375% 11/22/2033 (b) | 5,905,000 | 5,818,270 | |
| MDGH GMTN RSC Ltd 5.084% 5/22/2053 (b) | 12,590,000 | 12,550,657 | |
| MDGH GMTN RSC Ltd Series 1, 5.5% 4/28/2033 (b) | 5,925,000 | 6,314,924 | |
| 47,679,732 | |||
| Industrials - 0.1% | |||
| Transportation Infrastructure - 0.1% | |||
| DP World Crescent Ltd 3.7495% 1/30/2030 (b) | 5,420,000 | 5,212,902 | |
| Real Estate - 0.0% | |||
| Real Estate Management & Development - 0.0% | |||
| Alpha Star Holding VIII Ltd 8.375% 4/12/2027 (e) | 2,300,000 | 2,375,613 | |
| Utilities - 0.4% | |||
| Multi-Utilities - 0.4% | |||
| Abu Dhabi National Energy Co PJSC 4% 10/3/2049 (b) | 3,435,000 | 2,922,429 | |
| Abu Dhabi National Energy Co PJSC 4.375% 1/24/2029 (b) | 6,105,000 | 6,138,394 | |
| Abu Dhabi National Energy Co PJSC 4.696% 4/24/2033 (b) | 8,720,000 | 8,858,997 | |
| Abu Dhabi National Energy Co PJSC 4.875% 4/23/2030 (b) | 2,540,000 | 2,616,683 | |
| 20,536,503 | |||
| TOTAL UNITED ARAB EMIRATES | 99,647,679 | ||
| VENEZUELA - 1.6% | |||
| Energy - 1.6% | |||
| Oil, Gas & Consumable Fuels - 1.6% | |||
| Petroleos de Venezuela SA 5.375% (d)(e) | 152,515,000 | 14,336,410 | |
| Petroleos de Venezuela SA 5.5% (d)(e) | 184,250,000 | 17,872,250 | |
| Petroleos de Venezuela SA 6% (d)(e) | 69,700,000 | 6,691,200 | |
| Petroleos de Venezuela SA 6% (b)(d) | 105,540,000 | 10,026,300 | |
| Petroleos de Venezuela SA 8.5% (d)(e) | 20,540,000 | 18,794,100 | |
| Petroleos de Venezuela SA 9.75% (b)(d) | 71,700,000 | 8,245,500 | |
| TOTAL VENEZUELA | 75,965,760 | ||
| TOTAL NON-CONVERTIBLE CORPORATE BONDS (Cost $1,712,970,010) | 1,473,236,187 | ||
| Preferred Securities - 1.1% | |||
Principal Amount (a) | Value ($) | ||
| CHILE - 0.3% | |||
| Financials - 0.3% | |||
| Banks - 0.3% | |||
| Banco de Credito e Inversiones SA 7.5% (b)(f)(h) | 5,950,000 | 6,052,131 | |
| Banco de Credito e Inversiones SA 8.75% (b)(f)(h) | 6,350,000 | 6,899,844 | |
| TOTAL CHILE | 12,951,975 | ||
| MEXICO - 0.5% | |||
| Financials - 0.1% | |||
| Banks - 0.1% | |||
| Banco Mercantil del Norte SA/Grand Cayman 7.625% (b)(f)(h) | 6,135,000 | 6,270,631 | |
| Materials - 0.4% | |||
| Construction Materials - 0.4% | |||
| Cemex SAB de CV 5.125% (b)(f)(h) | 16,720,000 | 16,479,479 | |
| TOTAL MEXICO | 22,750,110 | ||
| RUSSIA - 0.0% | |||
| Financials - 0.0% | |||
| Banks - 0.0% | |||
| Tinkoff Bank JSC Via TCS Finance Ltd loan participation 6% (b)(d)(f)(h)(i)(j) | 6,660,000 | 332,999 | |
| UNITED ARAB EMIRATES - 0.3% | |||
| Industrials - 0.3% | |||
| Marine Transportation - 0.3% | |||
| DP World Salaam 6% (e)(f)(h) | 15,805,000 | 16,018,368 | |
| TOTAL PREFERRED SECURITIES (Cost $58,921,159) | 52,053,452 | ||
| U.S. Treasury Obligations - 2.7% | ||||
| Yield (%) (l) | Principal Amount (a) | Value ($) | ||
| US Treasury Bonds 2.875% 5/15/2052 | 2.99 to 4.47 | 140,074,000 | 109,700,923 | |
| US Treasury Bonds 3.625% 2/15/2053 (m) | 3.84 to 5.06 | 19,173,000 | 17,433,949 | |
| TOTAL U.S. TREASURY OBLIGATIONS (Cost $150,343,447) | 127,134,872 | |||
| Money Market Funds - 2.6% | ||||
| Yield (%) | Shares | Value ($) | ||
Fidelity Cash Central Fund (n) (Cost $124,648,858) | 4.89 | 124,623,933 | 124,648,858 | |
| TOTAL INVESTMENT IN SECURITIES - 99.5% (Cost $5,244,549,441) | 4,757,390,612 |
NET OTHER ASSETS (LIABILITIES) - 0.5% (k) | 23,539,191 |
| NET ASSETS - 100.0% | 4,780,929,803 |
| Futures Contracts | |||||
Number of contracts | Expiration Date | Notional Amount ($) | Value ($) | Unrealized Appreciation/ (Depreciation) ($) | |
| Purchased | |||||
| Interest Rate Contracts | |||||
| CBOT Ultra Long Term U.S. Treasury Bond Contracts (United States) | 177 | Dec 2024 | 23,557,594 | (379,658) | (379,658) |
| The notional amount of futures purchased as a percentage of Net Assets is 0.5% | |||||
| Credit Default Swaps | ||||||||||
| Underlying Reference | Rating(1) | Maturity Date | Clearinghouse / Counterparty(2) | Fixed Payment Received/ (Paid) | Payment Frequency | Notional Amount(3)(4) | Value ($)(1) | Upfront Premium Received/ (Paid) ($)(5) | Unrealized Appreciation/ (Depreciation) ($) | |
| Sell Protection | ||||||||||
| 5-Year CDX N.A. EM Series 42 | NR | Dec 2029 | ICE | 1% | Quarterly | 48,000,000 | 92,179 | 0 | 92,179 | |
| Interest Rate Swaps | ||||||||||
| Payment Received | Payment Frequency | Payment Paid | Payment Frequency | Clearinghouse / Counterparty(1) | Maturity Date | Notional Amount(3) | Value ($) | Upfront Premium Received/ (Paid) ($)(2) | Unrealized Appreciation/ (Depreciation) ($) | |
MEXICO INTERBK TIIE 28DAY INDX(4) | Annual | 10.77% | Annual | CME | Jan 2025 | MXN | 1,000,000 | (36) | 0 | (36) |
| 9.52% | Annual | MEXICO INTERBK TIIE 28DAY INDX(4) | Annual | CME | Aug 2026 | MXN | 1,000,000 | 377 | 0 | 377 |
| TOTAL INTEREST RATE SWAPS | 341 | 0 | 341 | |||||||
| EGP | - | Egyptian Pound |
| EUR | - | European Monetary Unit (Euro) |
| NGN | - | Nigerian Naira |
| RON | - | Romanian Leu |
| TRY | - | New Turkish Lira |
| (a) | Amount is stated in United States dollars unless otherwise noted. |
| (b) | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $3,080,793,189 or 64.7% of net assets. |
| (c) | Security initially issued at one coupon which converts to a higher coupon at a specified date. The rate shown is the rate at period end. |
| (d) | Non-income producing - Security is in default. |
| (e) | Security is exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $211,011,626 or 4.1% of net assets. |
| (f) | Coupon rates for floating and adjustable rate securities reflect the rates in effect at period end. |
| (g) | Security initially issued in zero coupon form which converts to coupon form at a specified rate and date. The rate shown is the rate at period end. |
| (h) | Security is perpetual in nature with no stated maturity date. |
| (i) | Non-income producing |
| (j) | Level 3 security |
| (k) | Includes $1,041,250 of cash collateral to cover margin requirements for futures contracts. |
| (l) | Yield represents either the annualized yield at the date of purchase, or the stated coupon rate, or, for floating and adjustable rate securities, the rate at period end. |
| (m) | Security or a portion of the security was pledged to cover margin requirements for centrally cleared swaps. At period end, the value of securities pledged amounted to $6,180,492. |
| (n) | Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request. |
| Affiliate | Value, beginning of period ($) | Purchases ($) | Sales Proceeds ($) | Dividend Income ($) | Realized Gain (loss) ($) | Change in Unrealized appreciation (depreciation) ($) | Value, end of period ($) | % ownership, end of period |
| Fidelity Cash Central Fund | 17,641,506 | 2,364,165,654 | 2,257,159,040 | 2,525,028 | 738 | - | 124,648,858 | 0.3% |
| Fidelity Securities Lending Cash Central Fund | - | 37,996,003 | 37,996,003 | 131 | - | - | - | 0.0% |
| Total | 17,641,506 | 2,402,161,657 | 2,295,155,043 | 2,525,159 | 738 | - | 124,648,858 | |
