Holding |
Coupon Rate |
Maturity Date |
Face Amount |
Market Value |
|---|
| Ford Motor Co. | 9.625% | 04/22/2030 | $1,830,000 |
$2,145,256 |
| British Telecommunications plc | 9.625% | 12/15/2030 |
$20,805,000 | $25,512,316 |
| Republic of the Philippines | 9.500% | 02/02/2030 | $16,150,000 |
$19,855,304 |
| Republic of Panama | 9.375% | 04/01/2029 | $6,725,000 |
$7,513,401 |
| Hydro-Quebec | 9.375% | 04/15/2030 | $2,995,000 |
$3,676,417 |
| Orange SA | 9.000% | 03/01/2031 | $20,765,000 |
$25,180,553 |
| Occidental Petroleum Corp. | 8.875% | 07/15/2030 | $8,476,000 |
$9,886,026 |
| Williams Cos. Inc. | 8.750% | 03/15/2032 | $3,199,000 |
$3,848,423 |
| Sprint Capital Corp. | 8.750% | 03/15/2032 | $16,705,000 |
$20,235,645 |
| Republic of Peru | 8.750% | 11/21/2033 | $17,887,000 |
$22,068,913 |
| Deutsche Telekom International Finance BV | 8.750% | 06/15/2030 |
$33,991,000 | $40,181,155 |
| AXA SA | 8.600% | 12/15/2030 | $5,902,000 | $6,980,761 |
| Hydro-Quebec | 8.500% | 12/01/2029 | $2,675,000 |
$3,119,129 |
| Grupo Televisa SAB | 8.500% | 03/11/2032 | $2,480,000 |
$2,863,209 |
| Daimler Finance North America LLC | 8.500% | 01/18/2031 |
$5,120,000 | $6,233,321 |
| Time Warner Entertainment Co. LP | 8.375% | 07/15/2033 |
$8,895,000 | $9,924,780 |
| Koninklijke KPN NV | 8.375% | 10/01/2030 | $5,025,000 |
$5,888,334 |
| United Mexican States | 8.300% | 08/15/2031 | $4,750,000 |
$5,654,046 |
| Vale Overseas Ltd. | 8.250% | 01/17/2034 | $5,287,000 |
$6,216,137 |
| Telefonica Europe BV | 8.250% | 09/15/2030 | $11,900,000 |
$13,605,904 |
| Westrock MWV LLC | 8.200% | 01/15/2030 | $4,665,000 |
$5,329,949 |
| Tosco Corp. | 8.125% | 02/15/2030 | $3,379,000 |
$3,905,147 |
| HSBC Holdings plc | 8.113% | 11/03/2033 | $13,845,000 |
$15,832,995 |
| Ally Financial Inc. | 8.000% | 11/01/2031 | $19,787,000 |
$22,063,876 |
| Discover Financial Services | 7.964% | 11/02/2034 | $6,599,000 |
$7,473,090 |
| Lloyds Banking Group plc | 7.953% | 11/15/2033 | $8,060,000 |
$9,083,119 |
| Devon Energy Corp. | 7.950% | 04/15/2032 | $2,114,000 |
$2,449,166 |
| Banco Bilbao Vizcaya Argentaria SA | 7.883% | 11/15/2034 |
$6,270,000 | $6,864,628 |
| Vodafone Group plc | 7.875% | 02/15/2030 | $6,278,000 |
$7,157,837 |
| Occidental Petroleum Corp. | 7.875% | 09/15/2031 | $4,103,000 |
$4,651,492 |
| Nexen Energy ULC | 7.875% | 03/15/2032 | $3,505,000 |
$4,183,975 |
| Devon Financing Co. LLC | 7.875% | 09/30/2031 | $3,275,000 |
$3,756,392 |
| CBS Corp. | 7.875% | 07/30/2030 | $4,768,000 | $4,976,524 |
| Tapestry Inc. | 7.850% | 11/27/2033 | $10,500,000 |
$11,396,576 |
| Rohm & Haas Co. | 7.850% | 07/15/2029 | $7,622,000 |
$8,501,100 |
| Kinder Morgan Inc./DE | 7.800% | 08/01/2031 | $1,410,000 |
$1,600,385 |
| Verizon Communications Inc. | 7.750% | 12/01/2030 | $155,000 |
$178,532 |
| Republic of the Philippines | 7.750% | 01/14/2031 | $13,669,000 |
$15,816,162 |
| Kinder Morgan Inc./DE | 7.750% | 01/15/2032 | $4,050,000 |
$4,597,685 |
| Kinder Morgan Energy Partners LP | 7.750% | 03/15/2032 |
$330,000 | $374,850 |
| Georgia-Pacific LLC | 7.750% | 11/15/2029 | $5,315,000 |
$6,060,395 |
| BAT Capital Corp. | 7.750% | 10/19/2032 | $4,190,000 |
$4,731,177 |
| Tapestry Inc. | 7.700% | 11/27/2030 | $7,250,000 |
$7,734,154 |
| PacifiCorp | 7.700% | 11/15/2031 | $2,110,000 |
$2,438,349 |
| Kroger Co. | 7.700% | 06/01/2029 | $1,000,000 |
$1,115,950 |
| Santander Holdings USA Inc. | 7.660% | 11/09/2031 | $4,315,000 |
$4,695,463 |
| Highwoods Realty LP | 7.650% | 02/01/2034 | $2,800,000 |
$3,055,213 |
| Capital One Financial Corp. | 7.624% | 10/30/2031 | $6,120,000 |
$6,758,878 |
| Williams Cos. Inc. | 7.500% | 01/15/2031 | $1,401,000 |
$1,558,394 |
| Valero Energy Corp. | 7.500% | 04/15/2032 | $3,200,000 |
$3,676,159 |
|
