楽天・インデックス・バランス・ファンド（債券重視型） 有価証券報告書（内国投資信託受益証券） 第4期(令和3年4月16日－令和4年4月15日)

                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
     【表紙】

      【提出書類】                      有価証券報告書

      【提出先】                      関東財務局長殿
      【提出日】                      2022年7月14日       提出
      【計算期間】                      第4期(自     2021年4月16日至        2022年4月15日)
      【ファンド名】                      楽天・インデックス・バランス・ファンド（債券重視型）
      【発行者名】                      楽天投信投資顧問株式会社
      【代表者の役職氏名】                      代表取締役社長        東　眞之
      【本店の所在の場所】                      東京都港区南青山二丁目６番２１号
      【事務連絡者氏名】                      石舘　真
      【連絡場所】                      東京都港区南青山二丁目６番２１号
      【電話番号】                      03-6432-7746
      【縦覧に供する場所】                      該当事項はありません。
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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
    第一部【ファンド情報】

    第１【ファンドの状況】

    １【ファンドの性格】

    （１）【ファンドの目的及び基本的性格】

     ①　ファンドの目的
        当ファンドは、投資信託財産の長期的な成長を目指して運用を行います。
      ②　ファンドの基本的性格
       １）商品分類
       （注）当ファンドが該当する商品分類を網掛け表示しています。





       ２）属性区分

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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
       （注）当ファンドが該当する属性区分を網掛け表示しています。
       ※属性区分に記載している「為替ヘッジ」は、対円での為替変動リスクに対するヘッジの有無を記載して

        おります。
       当ファンドは、        ファンド・オブ・ファンズ方式で運用されます。                         このため、組入れている資産を示す属性

       区分上の投資対象資産           （ その他資産（投資信託証券              （ 資産複合（株式、債券）資産配分固定型                     ） ） ） と収
       益の源泉となる資産を示す商品分類上の投資対象資産                           （資産複合）       とが異なります。
    ＜商品分類の定義＞

    1．単位型投信・追加型投信の区分
      (1)単位型投信：当初、募集された資金が一つの単位として信託され、その後の追加設定は一切行われないファンドをい
       う。
      (2)追加型投信：        一度設定されたファンドであってもその後追加設定が行われ従来の信託財産とともに運用されるファン
       ドをいう。
    2．投資対象地域による区分
      (1)国内：目論見書又は投資信託約款において、組入資産による主たる投資収益が実質的に国内の資産を源泉とする旨の
       記載があるものをいう。
      (2)海外：目論見書又は投資信託約款において、組入資産による主たる投資収益が実質的に海外の資産を源泉とする旨の
       記載があるものをいう。
      (3)内外：目論見書又は投資信託約款において、国内及び海外の資産による投資収益を実質的に源泉とする旨の記載があ
       るものをいう。
    3．投資対象資産による区分
      (1)株式：目論見書又は投資信託約款において、組入資産による主たる投資収益が実質的に株式を源泉とする旨の記載が
       あるものをいう。
      (2)債券：目論見書又は投資信託約款において、組入資産による主たる投資収益が実質的に債券を源泉とする旨の記載が
       あるものをいう。
      (3)不動産投信(リート)：目論見書又は投資信託約款において、組入資産による主たる投資収益が実質的に不動産投資信
       託の受益証券及び不動産投資法人の投資証券を源泉とする旨の記載があるものをいう。
      (4)その他資産：目論見書又は投資信託約款において、組入資産による主たる投資収益が実質的に上記(1)から(3)に掲げ
       る資産以外の資産を源泉とする旨の記載があるものをいう。なお、その他資産と併記して具体的な収益の源泉となる
       資産の名称記載も可とする。
      (5)資産複合：目論見書又は投資信託約款において、上記(1)から(4)に掲げる資産のうち複数の資産による投資収益を実
       質的に源泉とする旨の記載があるものをいう。
    4．独立した区分
      (1)MMF(マネー・マネージメント・ファンド)：「MMF等の運営に関する規則」に定めるMMFをいう。
      (2)MRF(マネー・リザーブ・ファンド)：「MMF等の運営に関する規則」に定めるMRFをいう。
      (3)ETF：投資信託及び投資法人に関する法律施行令（平成12年政令480号）第12条第1号及び第2号に規定する証券投資信
       託並びに租税特別措置法（昭和32年法律第26号）第9条の4の2に規定する上場証券投資信託をいう。
    ＜補足として使用する商品分類＞

      (1)インデックス型：目論見書又は投資信託約款において、各種指数に連動する運用成果を目指す旨の記載があるものを
       いう。
      (2)特殊型：目論見書又は投資信託約款において、投資者に対して注意を喚起することが必要と思われる特殊な仕組みあ
       るいは運用手法の記載があるものをいう。なお、下記の属性区分で特殊型の小分類において「条件付運用型」に該当
       する場合には当該小分類を括弧書きで付記するものとし、それ以外の小分類に該当する場合には当該小分類を括弧書
       きで付記できるものとする。
    ＜属性区分の定義＞

    1．投資対象資産による属性区分
      (1)株式
       ①一般：次の大型株、中小型株属性にあてはまらない全てのものをいう。
       ②大型株：目論見書又は投資信託約款において、主として大型株に投資する旨の記載があるものをいう。
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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
       ③中小型株：目論見書又は投資信託約款において、主として中小型株に投資する旨の記載があるものをいう。
      (2)債券
       ①一般：次の公債、社債、その他債券属性にあてはまらない全てのものをいう。
       ②公債：目論見書又は投資信託約款において、日本国又は各国の政府の発行する国債(地方債、政府保証債、政府機関
        債、国際機関債を含む。以下同じ。)に主として投資する旨の記載があるものをいう。
       ③社債：目論見書又は投資信託約款において、企業等が発行する社債に主として投資する旨の記載があるものをい
        う。
       ④その他債券：       目論見書又は投資信託約款において、公債又は社債以外の債券に主として投資する旨の記載があるもの
        をいう。
       ⑤格付等クレジットによる属性：目論見書又は投資信託約款において、上記①から④の「発行体」による区分のほ
        か、特にクレジットに対して明確な記載があるものについては、上記①から④に掲げる区分に加え「高格付債」
        「低格付債」等を併記することも可とする。
      (3)不動産投信
       これ以上の詳細な分類は行わないものとする。
      (4)その他資産
       組入れている資産を記載するものとする。
      (5)資産複合
       以下の小分類に該当する場合には当該小分類を併記することができる。
       ①資産配分固定型：目論見書又は投資信託約款において、複数資産を投資対象とし、組入比率については固定的とす
        る旨の記載があるものをいう。なお、組み合わせている資産を列挙するものとする。
       ②資産配分変更型：目論見書又は投資信託約款において、複数資産を投資対象とし、組入比率については、機動的な
        変更を行なう旨の記載があるものもしくは固定的とする旨の記載がないものをいう。なお、組み合わせている資産
        を列挙するものとする。
    2．決算頻度による属性区分
      ①年1回：目論見書又は投資信託約款において、年１回決算する旨の記載があるものをいう。
      ②年2回：目論見書又は投資信託約款において、年２回決算する旨の記載があるものをいう。
      ③年4回：目論見書又は投資信託約款において、年４回決算する旨の記載があるものをいう。
      ④年6回(隔月)：目論見書又は投資信託約款において、年６回決算する旨の記載があるものをいう。
      ⑤年12回(毎月)：目論見書又は投資信託約款において、年12回(毎月)決算する旨の記載があるものをいう。
      ⑥日々：目論見書又は投資信託約款において、日々決算する旨の記載があるものをいう。
      ⑦その他：上記属性にあてはまらない全てのものをいう。
    3．投資対象地域による属性区分(重複使用可能)
      ①グローバル：目論見書又は投資信託約款において、組入資産による投資収益が世界の資産を源泉とする旨の記載があ
       るものをいう。なお、「世界の資産」の中に「日本」を含むか含まないかを明確に記載するものとする。
      ②日本：目論見書又は投資信託約款において、組入資産による投資収益が日本の資産を源泉とする旨の記載があるもの
       をいう。
      ③北米：目論見書又は投資信託約款において、組入資産による投資収益が北米地域の資産を源泉とする旨の記載がある
       ものをいう。
      ④欧州：目論見書又は投資信託約款において、組入資産による投資収益が欧州地域の資産を源泉とする旨の記載がある
       ものをいう。
      ⑤アジア：目論見書又は投資信託約款において、組入資産による投資収益が日本を除くアジア地域の資産を源泉とする
       旨の記載があるものをいう。
      ⑥オセアニア：目論見書又は投資信託約款において、組入資産による投資収益がオセアニア地域の資産を源泉とする旨
       の記載があるものをいう。
      ⑦中南米：目論見書又は投資信託約款において、組入資産による投資収益が中南米地域の資産を源泉とする旨の記載が
       あるものをいう。
      ⑧アフリカ：目論見書又は投資信託約款において、組入資産による投資収益がアフリカ地域の資産を源泉とする旨の記
       載があるものをいう。
      ⑨中近東(中東)：目論見書又は投資信託約款において、組入資産による投資収益が中近東地域の資産を源泉とする旨の
       記載があるものをいう。
      ⑩エマージング：目論見書又は投資信託約款において、組入資産による投資収益がエマージング地域(新興成長国(地
       域))の資産を源泉とする旨の記載があるものをいう。
    4．投資形態による属性区分
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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
      ①ファミリーファンド：目論見書又は投資信託約款において、親投資信託(ファンド・オブ・ファンズにのみ投資され
       るものを除く。)を投資対象として投資するものをいう。
      ②ファンド・オブ・ファンズ：「投資信託等の運用に関する規則」第2条に規定するファンド・オブ・ファンズをい
       う。
    5．為替ヘッジによる属性区分
      ①為替ヘッジあり：目論見書又は投資信託約款において、為替のフルヘッジ又は一部の資産に為替のヘッジを行う旨の
       記載があるものをいう。
      ②為替ヘッジなし：目論見書又は投資信託約款において、為替のヘッジを行なわない旨の記載があるもの又は為替の
       ヘッジを行う旨の記載がないものをいう。
    6．インデックスファンドにおける対象インデックスによる属性区分
      ①日経225
      ②TOPIX
      ③その他の指数：前記指数にあてはまらない全てのものをいう。
    7．特殊型
      ①ブル・ベア型：目論見書又は投資信託約款において、派生商品をヘッジ目的以外に用い、積極的に投資を行うととも
       に各種指数・資産等への連動若しくは逆連動(一定倍の連動若しくは逆連動を含む。)を目指す旨の記載があるものを
       いう。
      ②条件付運用型：目論見書又は投資信託約款において、仕組債への投資またはその他特殊な仕組みを用いることによ
       り、目標とする投資成果(基準価額、償還価額、収益分配金等)や信託終了日等が、明示的な指標等の値により定めら
       れる一定の条件によって決定される旨の記載があるものをいう。
      ③ロング・ショート型／絶対収益追求型：目論見書又は投資信託約款において、特定の市場に左右されにくい収益の追
       求を目指す旨若しくはロング・ショート戦略により収益の追求を目指す旨の記載があるものをいう。
      ④その他型：目論見書又は投資信託約款において、上記①から③に掲げる属性のいずれにも該当しない特殊な仕組みあ
       るいは運用手法の記載があるものをいう。
    ※上記は、一般社団法人投資信託協会が定める分類方法に基づき記載しています。また、商品分類および属性区分の定義は

      一般社団法人投資信託協会が定める「商品分類に関する指針」を基に委託会社が作成したものです。なお、一般社団法
      人投資信託協会のホームページ（https://www.toushin.or.jp/）でもご覧頂けます。
      ③　ファンドの特色

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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
      ④　信託金限度額













       ・5,000億円を限度として信託金を追加することができます。
       ・委託会社は受託会社と合意のうえ、当該限度額を変更することができます。
    （２）【ファンドの沿革】

        2018年7月20日
        ・ファンドの信託契約締結、運用開始
    （３）【ファンドの仕組み】

      ①　ファンドの仕組み
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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
    ※1  投資信託を販売するルールを委託会社と販売会社の間で規定したもの。販売会社が行なう募集の取扱い、










       収益分配金・償還金の支払い、解約請求の受付の業務範囲の取決めの内容などが含まれています。
    ※2  投資信託を運営するルールを委託会社と受託会社の間で規定したもの。運用の基本方針、投資対象、投資
       制限、信託報酬、受益者の権利、募集方法の取決めの内容などが含まれています。
     ≪ファンド・オブ・ファンズの仕組み≫

     ②　委託会社の概況（           2022年4月末      現在）




       １）資本金
         150百万円
       ２）沿革
         2006年12月28日          「楽天投信株式会社」設立
         2008年    1月31日      金融商品取引業者登録　[関東財務局長（金商）第1724号]
         2009年    4月  1日    株式会社ポーラスター投資顧問と合併、商号を「楽天投信投資顧問株式会
                   社」に変更
       ３）大株主の状況
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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
             名　　称                   住　　所                所有株数        所有比率
       楽天カード株式会社                東京都港区南青山二丁目6番21号                          13,000株       100％
    ２【投資方針】

    （１）【投資方針】

                       ※
     ①　主に     別に定める投資信託証券              への投資を通じて、実質的に日本を含む全世界の株式および投資適格債
        券へ分散投資を行います。
     ②　全世界株式の運用にあたってはFTSEグローバル・オールキャップ・インデックスに連動する投資成果を
        目指して運用を行い、投資適格債券の運用にあたってはブルームバーグ・グローバル総合インデックス
        に連動する投資成果を目指して運用を行います。
     ③　全世界株式および投資適格債券の基本配分は、                          株式30％     、 債券70％     とします。なお、投資適格債券の運
        用にあたっては、原則として実質組入外貨建資産の対円での為替ヘッジを行い、為替変動リスクの低減
        を目指します。
     ④　  別に定める投資信託証券            への投資割合は、原則として高位を維持することを基本とします。
     ⑤　資金動向、市況動向等に急激な変化が生じたとき等ならびに投資信託財産の規模によっては、また、や
        むを得ない事情が発生した場合には、上記の運用ができない場合があります。
     ※　  2022年4月末現在         、「別に定める投資信託証券」とは、以下の通りとします。

       ・米国籍米ドル建て上場投資信託証券

        「バンガード・トータル・ワールド・ストックETF」の受益証券
       ・アイルランド籍円建て投資信託証券

        「バンガード・インベストメント・シリーズ・ピーエルシー                                －  バンガード・グローバル・ボンド・イ
        ンデックス・ファンド           －インスティテューショナル・プラス円ヘッジAcc                          」の受益証券
    （２）【投資対象】

     投資信託証券を主要投資対象とします。
     ①　投資の対象とする資産の種類
        この信託において投資の対象とする資産の種類は、次に掲げるものとします。
        １）次に掲げる特定資産（「特定資産」とは、投資信託及び投資法人に関する法律第2条第1項で定める
          ものをいいます。以下同じ。）
          イ）有価証券
          ロ）金銭債権
          ハ）約束手形
        ２）次に掲げる特定資産以外の資産
          イ）為替手形
     ②　有価証券の指図範囲
        委託者は、信託金を、主として                別に定める投資信託証券             に投資するほか、次に掲げる有価証券（金融商
        品取引法第2条第2項の規定により有価証券とみなされる同項各号に掲げる権利を除きます。）に投資す
        ることを指図することができます。
        １）コマーシャル・ペーパーおよび短期社債等
        ２）外国または外国の者の発行する証券または証書で、                            １）  の証券の性質を有するもの
        ３）国債証券、地方債証券、特別の法律により法人の発行する債券および社債券（新株引受権証券と社
          債券が一体となった新株引受権付社債券の新株引受権証券および短期社債等を除きます。）
        ４）指定金銭信託の受益証券（金融商品取引法第2条第1項第14号で定める受益証券発行信託の受益証券
          に限ります。）
        なお、   ３）  の証券を以下「公社債」といい、公社債にかかる運用の指図は買い現先取引（売戻し条件付
                                  9/362

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                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
        の買入れ）および債券貸借取引（現金担保付き債券借入れ）に限り行うことができるものとします。
     ③　金融商品の指図範囲
        委託者は、信託金を、           上記②   に掲げる有価証券のほか、次に掲げる金融商品（金融商品取引法第2条第2
        項の規定により有価証券とみなされる同項各号に掲げる権利を含みます。）により運用することを指図
        することができます。
        １）預金
        ２）指定金銭信託（金融商品取引法第2条第1項第14号に規定する受益証券発行信託を除きます。）
        ３）コール・ローン
        ４）手形割引市場において売買される手形
     ④　  上記②   の規定にかかわらず、この信託の設定、解約、償還、投資環境の変動等への対応等、委託者が運
        用上必要と認めるときには、委託者は、信託金を、                          上記③   に掲げる金融商品により運用することの指図
        ができます。
     ◆投資対象とする         投資信託証券（投資対象ファンド）                  の概要

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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
    （３）【運用体制】


















       委託会社における運用体制は、以下の通りです。
                                 11/362


                                                          EDINET提出書類
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                                                有価証券報告書（内国投資信託受益証券）
       ・「投資政策委員会」は、代表取締役が直轄する会議体として、運用部門が策定する運用計画、議決権等











        の指図行使に関する事項、ならびに投資信託財産および投資一任契約に基づく受託資産の運用に関する
        運用方針等その他の重要事項を協議・検討します。
       ・「運用会議」は、決定された運用計画を受けて、投資信託財産、または投資一任契約に基づく受託資産
        ごとの具体的な運用に関する事項、ならびに投資信託財産ごとの分配金支払等について協議・検討しま
        す。（但し、運用会議において協議・検討された事項で重要なものと判断される事項については投資政
        策委員会に報告します。）
       ・運用部門は「投資政策委員会」で決定された運用計画に従って運用を実行します。
       ・「コンプライアンス委員会」は、コンプライアンスおよびリスク管理に関する社内規程等、それらに関
        する具体的施策、ならびにそれらに関する重要な事項について協議・検討を行います。また、法令諸規
        則等の遵守状況および各種リスクに関するモニタリング等の結果報告を受け、それらについて必要な事
        項を協議・検討します。
       ・コンプライアンス部は、投資信託財産および投資一任契約に基づく受託資産の投資信託約款および運用
        ガイドライン等、法令諸規則等の遵守状況のモニタリングに関する業務ならびに投資信託財産および投
        資一任契約に基づく受託資産の運用リスク管理に関する業務等を行います。
       ※当社では、ファンドの適正な運用、受益者との利益相反となる取引の未然防止を目的として「内部者取

        引管理規程」「利益相反管理規程」等の社内規程を設けております。また、「運用の基本方針」「運用
        業務規程」「運用管理規程」等を設け、ファンドの運用に関する基本的な事項を定めています。
       ※上記体制は       2022年4月末      現在のものであり、今後変更となる場合があります。

    （４）【分配方針】

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                                                有価証券報告書（内国投資信託受益証券）
     ①　収益分配方針
        毎決算時に、原則として以下の方針に基づいて分配を行います。
        １）分配対象額の範囲は、繰越分を含めた経費控除後の利子・配当等収益および売買益（評価損益を含
          みます。）等の全額とします。
        ２）収益分配金額は、委託者が基準価額水準、市況動向等を勘案して決定します。ただし、必ず分配を
          行うものではありません。
        ３）留保益の運用については特に制限を設けず、運用の基本方針に基づいた運用を行います。
     ②　収益分配金の支払い
       ＜分配金再投資コース（自動けいぞく投資コース）＞
        原則として、収益分配金は税金を差し引いた後、無手数料で自動的に再投資されます。
       ＜分配金受取りコース（一般コース）＞
        毎計算期間終了日後１ヵ月以内の委託会社の指定する日（原則として決算日から起算して５営業日ま
        で）から収益分配金を支払います。支払いは販売会社において行なわれます。
     ※将来の分配金の支払いおよびその金額について保証するものではありません。

    （５）【投資制限】

     ①　約款に定める投資制限
       １）投資信託証券への投資割合には制限を設けません。
       ２）外貨建資産への投資割合には制限を設けません。
       ３）外国為替予約取引を行うことができます。
       ４）外国為替予約取引は、為替変動リスクを回避する目的以外には利用しません。
       ５）株式への直接投資は行いません。
       ６）デリバティブの直接利用は行いません。
       ７）公社債の借入れ
         イ）委託者は、投資信託財産の効率的な運用に資するため、公社債の借入れの指図をすることができ
           ます。なお、当該公社債の借入れを行うにあたり、担保の提供が必要と認めたときは、担保の提
           供の指図を行うものとします。
         ロ）  イ）  の借入れの指図は、当該借入れにかかる公社債の時価総額が投資信託財産の純資産総額の範
           囲内とします。
         ハ）投資信託財産の一部解約等の事由により、                        ロ）  の借入れにかかる公社債の時価総額が投資信託財
           産の純資産総額を超えることとなった場合には、委託者は、速やかにその超える額に相当する借
           り入れた公社債の一部を返還するための指図をするものとします。
         ニ）  イ）  の借入れにかかる品借料は、投資信託財産中から支弁します。
       ８）特別の場合の外貨建有価証券への投資制限
         外貨建有価証券への投資については、わが国の国際収支上の理由等により特に必要と認められる場合
         には、制約されることがあります。
       ９）外国為替予約取引の指図
         委託者は、為替変動リスクを回避するため、投資信託財産に属する外貨建資産について、外国為替の
         売買の予約取引の指図をすることができます。
       10）信用リスク集中回避のための投資制限
         イ）同一銘柄の投資信託証券への投資割合には、制限を設けません。ただし、委託者は、当該投資信
           託証券が一般社団法人投資信託協会の規則に定めるエクスポージャーがルックスルーできる場合
           に該当しないときは、投資信託財産に属する当該同一銘柄の投資信託証券の時価総額が、投資信
           託財産の純資産総額の100分の10を超えることとなる投資の指図をしません。
         ロ）一般社団法人投資信託協会規則に定める一の者に対する株式等エクスポージャー、債券等エクス
           ポージャーおよびデリバティブ等エクスポージャーの投資信託財産の純資産総額に対する比率
           は、原則として、それぞれ100分の10、合計で100分の20を超えないものとし、当該比率を超える
           こととなった場合には、委託者は、一般社団法人投資信託協会規則に従い当該比率以内となるよ
           う調整を行うこととします。
       11）資金の借入れ
         イ）委託者は、投資信託財産の効率的な運用ならびに運用の安定性に資するため、一部解約に伴う支
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                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
           払資金の手当て（一部解約に伴う支払資金の手当てのために借入れた資金の返済を含みます。）
           を目的として、または再投資にかかる収益分配金の支払資金の手当てを目的として、資金借入れ
           （コー    ル市場を通じる場合を含みます。）の指図をすることができます。なお、当該借入金を
           もって有価証券等の運用は行わないものとします。
         ロ）一部解約に伴う支払資金の手当てにかかる借入期間は、受益者への解約代金支払開始日から投資
           信託財産で保有する有価証券等の売却代金の受渡日までの間または受益者への解約代金支払開始
           日から投資信託財産で保有する有価証券等の解約代金入金日までの間もしくは受益者への解約代
           金支払開始日から投資信託財産で保有する有価証券等の償還金の入金日までの期間が5営業日以内
           である場合の当該期間とし、資金借入額は当該有価証券等の売却代金、解約代金および償還金の
           合計額を限度とします。ただし、資金の借入額は、借入指図を行う日における投資信託財産の純
           資産総額の100分の10を超えないこととします。
         ハ）収益分配金の再投資にかかる借入期間は、投資信託財産から収益分配金が支弁される日からその
           翌営業日までとし、資金借入額は収益分配金の再投資額を限度とします。
         ニ）借入金の利息は投資信託財産中より支弁します。
      ②　法令による投資制限
      　　同一法人の発行する株式（投資信託及び投資法人に関する法律）
      　　同一法人の発行する株式について、委託会社が運用の指図を行なう投資信託全体で、当該株式の議決権
        の過半数を保有することとなる取引は行ないません。
    ３【投資リスク】

    （１）基準価額の変動要因              および   その他の留意点
        ファンドが      投資信託証券を通じて実質的に                投資する有価証券等（外貨建資産には為替変動リスクもあり
        ます。）の値動きにより、基準価額は変動します。投資信託は預貯金と異なります。投資信託財産に生
        じた利益および損失は、すべて受益者に帰属します。投資家の皆様の投資元本は保証されているもので
        はなく、基準価額の下落により損失を被り、投資元本を割り込むことがあります。
        投資家の皆様には、ファンドが有するリスクについてご理解のうえ投資判断をしていただくようお願い
        いたし   ます。
     ＜主な変動要因＞

       ①　価格変動リスク
         当ファンドが投資する上場投資信託証券は、上場株式同様、市場で取引が行われ、市場の需給の影響
         を受けて価格が決定されます。需給環境の変化等により当該上場投資信託証券の価格が下落した場合
         には、基準価額の下落要因となります。
       ②　株価変動リスク
         当ファンドが実質的に投資する株式の価格は、政治・経済情勢、発行企業の業績、市場の需給関係等
         の影響を受け変動します。当該株式の価格が下落した場合には、基準価額の下落要因となります。
       ③　金利変動リスク
         当ファンドが実質的に投資する債券（公社債等）の価格は、市場金利の水準の動向により変動しま
         す。当該債券（公社債等）の価格が変動すれば基準価額の変動要因となります。
       ④　為替変動リスク
         当ファンドは、実質的に投資する外貨建ての有価証券等について部分的に対円での為替ヘッジを行い
         ますが、完全にはヘッジしないため、外貨レートが対円で下落した場合には、基準価額の下落要因と
         なります。また、為替ヘッジを行うにあたり、円金利がヘッジ対象通貨の金利より低い場合には、通
         常金利差相当分を含むヘッジコストが発生し、基準価額の下落要因となります。
       ⑤　流動性リスク
         当ファンドが実質的に投資する有価証券等の流動性は、需給環境や市場に対する相場見通し、経済・
         金融情勢等の変化、当該有価証券等が売買される市場の規模や厚み、市場参加者の差異等の影響を受
         けます。当該有価証券等の流動性が低下した場合、市場実勢から期待できる価格で売買が実行でき
         ず、不利な条件での売買を強いられる可能性があり、その場合、基準価額の下落要因となります。
         なお、当該有価証券等の流動性が低下した場合、換金の申込みの受付が中止となる可能性や換金代金
         の支払いが遅延する可能性があります。
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                                                有価証券報告書（内国投資信託受益証券）
       ⑥　信用リスク
         当ファンドが実質的に投資する有価証券の価格は、発行体の倒産、財務状況または信用状況の悪化等
         の影響を受けます。発行体の経営状態の悪化等により当該有価証券の価格が下落した場合には、基準
         価額の下落要因となります。
       ⑦　カントリー・リスク
         当ファンドは、実質的に海外の金融・証券市場において投資を行うため、当該国・地域の政治、経済
         および社会情勢の変化により金融・証券市場が混乱した場合には、基準価額が大幅に下落する可能性
         があります。
       ※基準価額の変動要因は、上記に限定されるものではありません。

     ＜その他の留意点＞

       ①　当ファンドの取引に関しては、金融商品取引法第37条の6の規定（いわゆるクーリングオフ）の適用は
         ありません。
       ②　当ファンドは、大量の解約が発生し短期間で解約資金を手当てする必要が生じた場合や主たる取引市
         場において市場環境が急変した場合等に、一時的に組入資産の流動性が低下し、市場実勢から期待で
         きる価格で取引できないリスク、取引量が限られてしまうリスクがあります。
         これにより、基準価額にマイナスの影響を及ぼす可能性や、換金の申込みの受付が中止となる可能
         性、換金代金のお支払いが遅延する可能性があります。
       ③　当ファンドに関連する法令・税制・会計等は、今後、変更される可能性があります。これに伴い、当
         ファンドの基準価額に影響を及ぼす場合があります。
       ④　市況動向や資金動向等によっては、投資方針に沿った運用ができない可能性があります。
    （２）リスク管理体制

        委託会社におけるリスク管理体制は以下の通りです。
                                 15/362












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        ＊全社的リスク管理











         委託会社では、コンプライアンス部を設置し全社的なリスク管理を行っています。法令諸規則等の遵
         守状況やリスク管理状況については、コンプライアンス委員会や事務・システムリスク会議を通じて
         取締役会に報告されます。
         取締役会は、コンプライアンス部による流動性リスク管理の適切な実施の確保や流動性リスク管理態
         勢の監督を行います。
         また、コンプラインス部は各種リスク（運用リスク、事務システムリスクなど）に関するモニタリン
         グとその報告やリスクの低減にかかる施策などの構築を行っています。
        ＊運用状況の評価・分析とリスク管理

         コンプライアンス部は、流動性リスク管理に関する規程を定め、投資信託財産の流動性リスクのモニ
         タリングを実施するとともに、緊急時対応策の策定・検証等を行います。取締役会はこれらの監督を
         行います。
         コンプライアンス部は、投資信託財産についての運用状況の評価・分析と運用プロセスおよびリスク
         管理状況のモニタリングを行い、その評価と分析の結果をコンプライアンス委員会に報告し、必要に
         応じて関連部にその対応等を指示し、適切な管理を行います。また、コンプライアンス委員会の内容
         は、毎月取締役会に報告されます。
        ※上記体制は       2022年4月末      現在のものであり、今後変更となる場合があります。

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    ４【手数料等及び税金】













    （１）【申込手数料】

        販売会社が定めるものとします。申込手数料率につきましては、販売会社にお問い合わせください。
        ・有価証券届出書提出日現在、販売会社における申込手数料はありません                                     。
        ・＜分配金再投資コース（自動けいぞく投資コース）＞の場合、収益分配金の再投資により取得する口
         数については、申込手数料はかかりません。
    （２）【換金（解約）手数料】

      ①　換金手数料
      　　ありません。
      ②　信託財産留保額
      　　ありません。
    （３）【信託報酬等】

     ①　信託報酬
        信託報酬の総額は、計算期間を通じて毎日、信託財産の純資産総額に対し年0.132％（税抜0.12％）の率
                                 17/362

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        を乗じて得た額とします。
     ②　信託報酬の配分
        信託報酬の配分（年率）は、以下の通りとします。
                  信託報酬＝運用期間中の基準価額×信託報酬率
            委託会社                  0.055％（税抜0.05％）
            販売会社                  0.055％（税抜0.05％）
            受託会社                  0.022％（税抜0.02％）
                           役 務の内容

                 委託した資金の運用の対価
          委託会社
                 購入後の情報提供、交付運用報告書等各種書類の送付、口座内での
          販売会社
                 ファンドの管理等の対価
          受託会社       運用財産の管理、委託会社からの指図の実行の対価
        当ファンドの信託報酬のほかに、当ファンドが投資する投資信託証券で、純資産総額に対して以下の管

        理報酬等が別途かかります。
                                              （注１）
                  ファンド名
                                     管理報酬等（年）
                                            ＊
        バンガード・トータル・ワールド・ストックETF
                                         0.07％
        バンガード・インベストメント・シリーズ・
        ピーエルシー       －  バンガード・グローバル・ボ
                                         0.10％
        ンド・インデックス・ファンド－インスティ
        テューショナル・プラス円ヘッジAcc
                                  (注１)

        上記の管理報酬等の加重平均値である                   年0.091％程度          を加味した当ファンドの実質的な信託報酬率は
                    (注２)
        年0.223％（税込）程度              です。
       （注１）2022年4月末           現在  。今後、投資内容等によりこの数値は変動します。

       （注２）実質的な信託報酬率は、投資対象とする投資信託証券における報酬を加味した実質的な信託報酬
           の概算値です。この値は目安であり、実際の投資信託証券の組入状況、運用状況等によって変動
           します。
         ＊　2022年2月25日付で、経費率の見直しにより改定されました。
     ③　支払時期

        信託報酬（信託報酬に係る消費税等相当額を含みます。）は、日々計上され、毎計算期間の最初の6ヵ月
        終了日および毎計算期末または信託終了のときに、信託財産から支払います。
    （４）【その他の手数料等】

     ①　投資信託財産に関する租税、信託事務の処理に要する諸費用、受託会社の立替えた立替金の利息、法定
        書類の作成・印刷・交付にかかる費用ならびに当該費用にかかる消費税等に相当する金額、およびその
        他投資信託財産の運営にかかる費用ならびに当該費用にかかる消費税等に相当する金額（「諸経費」と
        いいます。）は、原則として受益者の負担とし、投資信託財産中から支弁します。ただし、委託会社
        は、投資信託財産の規模等を考慮して、当該諸経費の一部もしくはすべてを負担する場合があります。
     ②　投資信託財産にかかる監査報酬は、受益者の負担とし、毎計算期間の最初の6ヵ月終了日および毎計算期
        末または信託終了時に当該監査報酬にかかる消費税等に相当する金額とともに投資信託財産中から支弁
        します。
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     ※「その他の手数料等」については、運用状況により変動するものであり、事前に料率や上限額を表示する
       ことができません。
     費用・手数料等の合計額は、保有期間や運用の状況などに応じて異なり、あらかじめ見積もることができな

     いため表示することができません。
    （５）【課税上の取扱い】

        課税上は、      株式  投資信託として取り扱われます。公募                    株式  投資信託は税法上、少額投資非課税制度の適
        用対象です。       販売会社によっては          「つみたてNISA」         の適用対象となります。詳しくは、販売会社にお問
        い合わせください。
     ≪確定拠出年金の場合≫
       確定拠出年金法に規定する              資産管理機関および          国民年金基金連合会          等 の場合、所得税および地方税はかか
       りません。
       なお、確定拠出年金制度の加入者については、確定拠出年金の積立金の運用にかかる税制が適用されま
       す。
     ≪確定拠出年金でない場合≫
     ①　個人受益者の場合
       １）収益分配金に対する課税
         収益分配金のうち課税扱いとなる普通分配金については配当所得として、20.315％（所得税15.315％
         および地方税５％）の税率による源泉徴収（原則として、確定申告は不要です。）が行なわれます。
         なお、確定申告を行ない、申告分離課税または総合課税（                              配当控除の適用はありません。                ）のいずれ
         かを選択することもできます。
       ２）解約金および償還金に対する課税
                             ＊
         解約時および償還時の差益（譲渡益）                     については譲渡所得として、20.315％（所得税15.315％およ
         び地方税５％）の税率による申告分離課税の対象となり、確定申告が必要となります。なお、源泉徴
         収ありの特定口座（源泉徴収選択口座）を選択している場合は、20.315％（所得税15.315％および地
         方税５％）の税率による源泉徴収（原則として、確定申告は不要です。）が行なわれます。
        ＊解約価額および償還価額から取得費用（申込手数料および当該手数料に係る消費税等相当額を含みま
         す。）を控除した利益
        ※確定申告等により、解約時および償還時の差損（譲渡損失）については、上場株式等の譲渡益、上場
         株式等の配当等および特定公社債等の利子所得（申告分離課税を選択したものに限ります。）と損益
         通算が可能です。また、解約時および償還時の差益（譲渡益）、普通分配金および特定公社債等の利
         子所得（申告分離課税を選択したものに限ります。）については、上場株式等の譲渡損失と損益通算
         が可能です。
        ※少額投資非課税制度「愛称：NISA（ニーサ）」                         および未成年者少額投資非課税制度「愛称：ジュニア
         NISA」   をご利用の場合、毎年、             一定額   の範囲で新たに購入した公募株式投資信託などから生じる配当
         所得および譲渡所得が            一定期間     非課税となります。ご利用になれるのは、販売会社で非課税口座を開
         設するなど、一定の条件に該当する方が対象となります。
         非課税累積投資契約に係る少額投資非課税制度（つみたてNISA）をご利用の場合、毎年、年間40万円
         の範囲で一定の要件を満たした公募株式投資信託で新たに積立投資し生じる配当所得および譲渡所得
         が20年間非課税となります。なお、「NISA」と「つみたてNISA」の投資枠は、年ごとに選択制であ
         り、同一年中はNISAとつみたてNISAの同時利用は出来ません。                                他の口座で生じた配当所得・譲渡所得
         との損益通算はできません。               また、確定拠出年金制度を通じて公募株式投資信託などを購入する場合
         は、NISAをご利用になれません。詳しくは、販売会社にお問い合わせください。
     ②　法人受益者の場合
       １）収益分配金、解約金、償還金に対する課税
         収益分配金のうち課税扱いとなる普通分配金ならびに解約時および償還時の個別元本超過額について
         は配当所得として、15.315％（所得税のみ）の税率による源泉徴収が行なわれます。源泉徴収された
         税金は、所有期間に応じて法人税から控除される場合があります。
       ２）益金不算入制度の適用
         益金不算入制度は適用されません。
     ※買取請求による換金の際の課税については、販売会社にお問い合わせください。
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     ③　個別元本
       １）各受益者の買付時の基準価額（申込手数料および当該手数料に係る消費税等相当額は含まれませ
         ん。）が個別元本になります。
       ２）受益者が同一ファンドを複数回お申込みの場合、１口当たりの個別元本は、申込口数で加重平均した
         値となります。ただし、個別元本は、複数支店で同一ファンドをお申込みの場合などにより把握方法
         が異なる場合がありますので、販売会社にお問い合わせください。
     ④　普通分配金と元本払戻金(特別分配金)
       １）収益分配金には課税扱いとなる「普通分配金」と非課税扱いとなる「元本払戻金(特別分配金)」（元
         本の一部払戻しに相当する部分）の区分があります。
       ２）受益者が収益分配金を受け取る際
         イ）収益分配金落ち後の基準価額が、受益者の１口当たりの個別元本と同額かまたは上回っている場
           合には、当該収益分配金の全額が普通分配金となります。
         ロ）収益分配金落ち後の基準価額が、受益者の１口当たりの個別元本を下回っている場合には、収益
           分配金の範囲内でその下回っている部分の額が元本払戻金(特別分配金)となり、収益分配金から
           元本払戻金(特別分配金)を控除した金額が普通分配金となります。
         ハ）収益分配金発生時に、その個別元本から元本払戻金(特別分配金)を控除した額が、その後の受益
           者の個別元本となります。
    ※外国税額控除の適用となった場合には、分配時の税金が上記と異なる場合があります。








    ※上記は     2022年4月末      現在のものですので、税法または確定拠出年金法が改正された場合などには、税率などの
     課税上の取扱いが変更になる場合があります。税金の取扱いの詳細については、税務専門家などにご確認さ
     れることをお勧めします。
    ５【運用状況】

    【楽天・インデックス・バランス・ファンド（債券重視型）】

    以下の運用状況は2022年             4月28日現在です。
    ・投資比率とはファンドの純資産総額に対する当該資産の時価比率をいいます。
    （１）【投資状況】

                                 20/362


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             資産の種類                 国／地域          時価合計（円）            投資比率（％）
            投資信託受益証券                  アメリカ              1,019,928,095              30.40
                             アイルランド               2,341,488,559              69.80
                               小計             3,361,416,654             100.20
       現金・預金・その他の資産(負債控除後)                         ―              △6,712,705            △0.20
                合計(純資産総額)                            3,354,703,949             100.00
    その他の資産の投資状況

        資産の種類         建別        国／地域            時価合計（円）             投資比率（％）

       為替予約取引          買建         ―                4,767,235                0.14
    (注)為替予約取引は、わが国における対顧客先物相場の仲値で評価しています。

    （２）【投資資産】

    ①【投資有価証券の主要銘柄】

    イ.評価額上位銘柄明細

                                  帳簿価額       帳簿価額       評価額       評価額     投資

                            数量又は
     国／地域     種類         銘柄名                単価       金額       単価       金額    比率
                            額面総額
                                   (円)       (円)       (円)       (円)    (％)
     アイルラ   投資信託受益     バンガード・インベストメント・シ               242,994.54       9,668.88     2,349,485,520        9,635.97     2,341,488,559     69.80
     ンド    証券   リーズ・ピーエルシー        ‐ バンガー
             ド・グローバル・ボンド・インデッ
             クス・ファンド      ‐ インスティ
             テューショナル・プラス円ヘッジAcc
     アメリカ   投資信託受益     Vanguard    Total  World  Stock  ETF      84,544     12,702.59     1,073,927,795        12,063.87     1,019,928,095     30.40
          証券
    ロ.種類別の投資比率

                  種類                     投資比率（％）

               投資信託受益証券                                 100.20
                  合計                              100.20
    ②【投資不動産物件】

    該当事項はありません。
    ③【その他投資資産の主要なもの】

                                          帳簿価額        評価額      投資比率

                            買建／
      資産の種類             通貨                数量
                             売建
                                          （円）        （円）      （％）
     為替予約取引       アメリカ・ドル                 買建      37,000.00        4,767,131        4,767,235       0.14
    (注)為替予約取引は、わが国における対顧客先物相場の仲値で評価しています。

    （３）【運用実績】

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    ①【純資産の推移】

                             純資産総額（百万円）                 1口当たり純資産額（円）

              期別
                            分配落ち         分配付き         分配落ち         分配付き
      第1計算期間末          (2019年    4月15日)             215         215       1.0228         1.0228
      第2計算期間末          (2020年    4月15日)            1,088         1,088        1.0232         1.0232
      第3計算期間末          (2021年    4月15日)            2,215         2,215        1.1700         1.1700
      第4計算期間末          (2022年    4月15日)            3,389         3,389        1.1587         1.1587
                  2021年    4月末日          2,282          ―       1.1756           ―
                      5月末日          2,399          ―       1.1820           ―
                      6月末日          2,571          ―       1.1931           ―
                      7月末日          2,709          ―       1.2034           ―
                      8月末日          2,814          ―       1.2108           ―
                      9月末日          2,871          ―       1.1945           ―
                  　　　10月末日             3,014          ―       1.2151           ―
                  　　　11月末日             3,099          ―       1.2125           ―
                  　　　12月末日             3,242          ―       1.2219           ―
                  2022年    1月末日          3,237          ―       1.1852           ―
                      2月末日          3,255          ―       1.1671           ―
                      3月末日          3,377          ―       1.1789           ―
                      4月末日          3,354          ―       1.1445           ―
    ②【分配の推移】

          期                    期間                 1口当たりの分配金（円）

         第1期       2018年    7月20日～2019年        4月15日                             0.0000
         第2期       2019年    4月16日～2020年        4月15日                             0.0000
         第3期       2020年    4月16日～2021年        4月15日                             0.0000
         第4期       2021年    4月16日～2022年        4月15日                             0.0000
    ③【収益率の推移】

          期                    期間                    収益率（％）

         第1期       2018年    7月20日～2019年        4月15日                              2.28
         第2期       2019年    4月16日～2020年        4月15日                              0.04
         第3期       2020年    4月16日～2021年        4月15日                              14.35
         第4期       2021年    4月16日～2022年        4月15日                             △0.97
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    (注)各計算期間の収益率は、計算期間末の基準価額（分配落ち）に当該計算期間の分配金を加算し、当該計算期間の直前の
      計算期間末の基準価額（分配落ち。以下「前期末基準価額」といいます。）を控除した額を前期末基準価額で除して得
      た数に100を乗じた数です。
    （４）【設定及び解約の実績】

          期                期間              設定口数（口）            解約口数（口）

         第1期       2018年    7月20日～2019年        4月15日               239,820,712            28,629,018
         第2期       2019年    4月16日～2020年        4月15日              1,192,201,737             339,251,752
         第3期       2020年    4月16日～2021年        4月15日              1,234,759,986             405,258,133
         第4期       2021年    4月16日～2022年        4月15日              1,592,432,309             560,337,500
    (注)第1計算期間の設定口数には、当初設定口数を含みます。

    ≪参考情報≫

    運用実績
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    第２【管理及び運営】


















    １【申込（販売）手続等】

    （１）申込方法
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        販売会社所定の方法でお申し込みください。
    （２）コースの選択
        収益分配金の受取方法によって、＜分配金再投資コース（自動けいぞく投資コース）＞と＜分配金受取
        りコース（一般コース）＞の２通りがあります。ただし、販売会社によって取扱コースは異なります。
        ＜分配金再投資コース（自動けいぞく投資コース）＞
         収益分配金を自動的に再投資するコースです。
        ＜分配金受取りコース（一般コース）＞
         収益分配金を再投資せず、その都度受け取るコースです。
        ※販売会社によっては、取扱コースの名称が異なる場合があります。
    （３）申込みの受付
        販売会社の営業日に受け付けます。
    （４）取扱時間
        原則として、       午後3時    までに、販売会社所定の事務手続きが完了したものを当日の受付分とします。な
        お、上記時刻を過ぎた場合は、翌営業日の取扱いとなります。
    （５）取得申込不可日
        販売会社の営業日であっても、取得申込日が下記のいずれかに該当する場合は、取得の申込みの受付は
        行ないません。詳しくは、販売会社にお問い合わせください。
        ・ニューヨーク証券取引所の休業日
        ・ロンドン証券取引所の休業日
        ・ニューヨークの銀行の休業日
        ・一部解約金の支払い等に支障を来すおそれがあるとして委託会社が定める日
    （６）申込金額
        取得申込受付日の翌営業日の基準価額に取得申込口数を乗じて得た額に、申込手数料と当該手数料に係
        る消費税等相当額を加算した額です。
        ※＜分配金再投資コース（自動けいぞく投資コース）＞において収益分配金を再投資する場合は、各計
         算期間終了日の基準価額とします。
    （７）申込単位
        販売会社が定める単位とします。
        ※詳しくは、販売会社にお問い合わせください。
    （８）申込代金の支払い
        取得申込者は、申込金額を販売会社が指定する日までに販売会社へお支払いください。
    （９）受付の中止および取消
                       ※
        委託会社は、金融商品取引所                における取引の停止、外国為替取引の停止、決済機能の停止、その他や
        むを得ない事情があるときは、取得の申込みの受付を中止すること、および既に受け付けた取得の申込
        みの受付を取り消すことができます。
        ※金融商品取引法第２条第16項に規定する金融商品取引所および金融商品取引法第２条第８項第３号ロ
         に規定する外国金融商品市場をいいます。
    ２【換金（解約）手続等】

    ＜解約請求による換金＞
    （１）解約の受付
        販売会社の営業日に受け付けます。
    （２）取扱時間
        原則として、       午後3時    までに、販売会社所定の事務手続きが完了したものを当日の受付分とします。な
        お、上記時刻を過ぎた場合は、翌営業日の取扱いとなります。
    （３）解約請求不可日
        販売会社の営業日であっても、解約請求日が下記のいずれかに該当する場合は、解約請求の受付は行な
        いません。詳しくは、販売会社にお問い合わせください。
        ・ニューヨーク証券取引所の休業日
        ・ロンドン証券取引所の休業日
        ・ニューヨークの銀行の休業日
        ・一部解約金の支払い等に支障を来すおそれがあるとして委託会社が定める日
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    （４）解約制限
        投資信託財産の資金管理を円滑に行うため、大口の換金申込には制限を設ける場合があります。
    （５）解約価額
        解約請求受付日の翌営業日の基準価額                   とします。
        ・基準価額につきましては、販売会社または委託会社の照会先にお問い合わせください。
         ＜委託会社の照会先＞
          楽天投信投資顧問株式会社
           お客様窓口：電話番号03-6432-7746
           受付時間　：営業日の午前9時から午後5時まで
           ホームページアドレス：https://www.rakuten-toushin.co.jp/
    （６）手取額

        １口当たりの手取額は、解約価額から解約に係る所定の税金を差し引いた金額となります。
        ※税法が改正された場合などには、税率などの課税上の取扱いが変更になる場合があります。
         詳しくは、「課税上の取扱い」をご覧ください。
    （７）解約単位
        販売会社が定める単位とします。
        ※詳しくは、販売会社にお問い合わせください。
    （８）解約代金の支払い
        原則として、解約請求受付日から起算して                      5営業日目     からお支払いします。
    （９）受付の中止および取消
       ・委託会社は、金融商品取引所における取引の停止、外国為替取引の停止、決済機能の停止、その他やむ
        を得ない事情があるときは、解約請求の受付を中止すること、および既に受け付けた解約請求の受付を
        取り消すことができます。
       ・解約請求の受付が中止された場合には、受益者は当該受付中止以前に行なった当日の解約請求を撤回で
        きます。ただし、受益者がその解約請求を撤回しない場合には、当該受付中止を解除した後の最初の基
        準価額の計算日（この計算日が解約請求を受け付けない日であるときは、この計算日以降の最初の解約
        請求を受け付けることができる日とします。）に解約請求を受け付けたものとして取り扱います。
    ３【資産管理等の概要】

    （１）【資産の評価】

      ①　基準価額の算出
       ・基準価額は委託会社の営業日において日々算出されます。
       ・基準価額とは、信託財産に属する資産（受入担保金代用有価証券および借入公社債を除きます。）を評
        価して得た信託財産の総額から負債総額を控除した金額（純資産総額）を、計算日における受益権総口
        数で除した金額をいいます。なお、ファンドは１万口当たりに換算した価額で表示することがありま
        す。
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      ②　有価証券などの評価基準






       ・信託財産に属する資産については、法令および一般社団法人投資信託協会規則に従って時価評価しま
       す。
        ＜主な資産の評価方法＞
        ◇投資信託証券
         原則として、基準価額計算日に知りうる直近の日の基準価額で評価します。
       ・外貨建資産（外国通貨表示の有価証券、預金その他の資産をいいます。）の円換算については、原則と
        してわが国における計算日の対顧客相場の仲値によって計算します。
      ③　基準価額の照会方法
        販売会社または委託会社の照会先にお問い合わせください。
         ＜委託会社の照会先＞
          楽天投信投資顧問株式会社
           お客様窓口：電話番号03-6432-7746
           受付時間　：営業日の午前9時から午後5時まで
           ホームページアドレス：http               s ://www.rakuten-toushin.co.jp/
    （２）【保管】

        該当事項はありません。
    （３）【信託期間】

        無期限とします（2018年7月20日設定）。ただし、約款の規定に基づき、信託契約を解約し、信託を終了
        させることがあります。
    （４）【計算期間】

        毎年4月16日から翌年4月15日までとします。ただし、各計算期間の末日が休業日のときはその翌営業日
        を計算期間の末日とし、その翌日より次の計算期間が開始されます。
    （５）【その他】

     ①　信託の終了（繰上償還）
       １）委託会社は、次のいずれかの場合には、受託会社と合意の上、信託契約を解約し繰上償還させること
         ができ   ます。
         イ）受益者の解約により             受益権の口数が10億口           を下回ることとなった           とき
         ロ）繰上償還することが受益者のために有利であると認めるとき
         ハ）投資対象とする投資信託証券が連動を目指す指数が改廃されたとき
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         ニ）投資対象とする上場投資信託証券が上場廃止となるとき
         ホ）投資対象とする投資信託証券が存続しないこととなるとき
         ヘ）やむを得ない事情が発生したとき
       ２）この場合、委託会社は書面による決議（以下                          「書面決議」       といいます。）を行ないます。（後述の
         「書面決議」をご覧ください。）
       ３）委託会社は、次のいずれかの場合には、後述の「書面決議」の規定は適用せず、信託契約を解約し繰
         上償還させます。
         イ）信託財産の状態に照らし、真にやむを得ない事情が生じている場合で、書面決議が困難な場合
         ロ）監督官庁よりこの信託契約の解約の命令を受けたとき
         ハ）委託会社が監督官庁より登録の取消を受けたとき、解散したときまたは業務を廃止したとき（監
           督官庁がこの信託契約に関する委託会社の業務を他の委託会社に引き継ぐことを命じたときは、
           書面決議で可決された場合、存続します。）
         ニ）受託会社が委託会社の承諾を受けてその任務を辞任した場合またはその任務に違反するなどして
           解任された場合に、委託会社が新受託会社を選任できないとき
       ４）繰上償還を行なう際には、委託会社は、その旨をあらかじめ監督官庁に届け出ます。
     ②　償還金について
       ・償還金は、信託終了日後１ヵ月以内の委託会社の指定する日（原則として償還日（償還日が休業日の場
        合は翌営業日）から起算して５営業日まで）から受益者に支払います。
       ・償還金の支払いは、販売会社において行なわれます。
     ③　信託約款の変更など
       １）委託会社は、         受益者の利益のため必要と認めるときまたはやむを得ない事情が発生したときは、                                           受託
         会社と合意の上、この信託約款を変更すること、または当ファンドと他のファンドとの併合（以下
         「併合」といいます。）を行なうことができます。信託約款の変更または併合を行なう際には、委託
         会社は、その旨および内容をあらかじめ監督官庁に届け出ます。
       ２）この変更事項のうち、その内容が重大なものまたは併合（受益者の利益に及ぼす影響が軽微なものを
         除きます。）については、書面決議を行ないます。（後述の「書面決議」をご覧ください。）
       ３）委託会社は、監督官庁の命令に基づいてこの信託約款を変更しようとするときは、後述の「書面決
         議」の規定を適用します。
     ④　書面決議
       １）繰上償還、信託約款の重大な変更または併合に対して、委託会社は書面決議を行ないます。この場合
         において、あらかじめ、書面決議の日ならびにその内容および理由などの事項を定め、決議の日の２
         週間前までに知れている受益者に対し書面をもってこれらの事項を記載した書面決議の通知を発送し
         ます。
       ２）受益者は受益権の口数に応じて、議決権を有し、これを行使することができます。なお、知れている
         受益者が議決権を行使しないときは、書面決議について賛成するものとみなします。
       ３）書面決議は、議決権を行使することができる受益者の議決権の３分の２以上にあたる多数をもって行
         ないます。
       ４）繰上償還、信託約款の重大な変更または併合に関する委託会社の提案に対して、すべての受益者が書
         面または電磁的記録により同意の意思表示をしたときは、書面決議を行ないません。
       ５）当ファンドにおいて併合の書面決議が可決された場合であっても、併合にかかる他のファンドにおい
         て併合の書面決議が否決された場合は、当該他のファンドとの併合を行なうことはできません。
       ６）当ファンドは、受益者からの換金請求に対して、投資信託契約の一部を解約することにより応じるこ
         とができるため、受益者の保護に欠けるおそれがないものとして、書面決議において反対した受益者
         からの買取請求は受け付けません。
                                 28/362





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                                                有価証券報告書（内国投資信託受益証券）
      ⑤　公告






        公告は電子公告により行ない、委託会社のホームページに掲載します。
        ホームページアドレス　            https://www.rakuten-toushin.co.jp/
        ※なお、やむを得ない事由によって公告を電子公告によって行なうことができない場合には、公告は日
         本経済新聞に掲載します。
      ⑥　運用報告書の作成
       ・委託会社は、        毎期決算後および償還後             に期中の運用経過、組入有価証券の内容および有価証券の売買状
        況などを記載した運用報告書を作成します。
       ・交付運用報告書は、原則として知れている受益者に対して交付されます。
       ・運用報告書（全体版）は、委託会社のホームページに掲載されます。ただし、受益者から運用報告書
        （全体版）の交付請求があった場合には、交付します。
        ホームページアドレス　            https://www.rakuten-toushin.co.jp/
      ⑦　関係法人との契約について
      　　販売会社との募集の取扱いなどに関する契約の有効期間は契約日より１年間とします。ただし、期間満
        了の３ヵ月前までに、販売会社、委託会社いずれからも別段の意思表示がないときは、自動的に１年間
        延長されるものとし、以後も同様とします。
      ⑧　他の受益者の氏名などの開示の請求の制限
        受益者は、委託会社または受託会社に対し、次に掲げる事項の開示の請求を行なうことはできません。
        １．他の受益者の氏名または名称および住所
        ２．他の受益者が有する受益権の内容
    ４【受益者の権利等】

     受益者の有する主な権利は次の通りです。
    （１）収益分配金・償還金受領権
       ・受益者は、ファンドの収益分配金・償還金を、自己に帰属する受益権の口数に応じて受領する権利を有
        します。
       ・ただし、受益者が収益分配金については支払開始日から５年間、償還金については支払開始日から10年
        間請求を行なわない場合はその権利を失い、その金銭は委託会社に帰属します。
    （２）解約請求権
        受益者は、自己に帰属する受益権につき販売会社を通じて、委託会社に解約の請求をすることができま
        す。
    （３）帳簿閲覧権
        受益者は、委託会社に対し、その営業時間内にファンドの信託財産に関する帳簿書類の閲覧を請求する
        ことができます。
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    第３【ファンドの経理状況】

    (1)当ファンドの財務諸表は、「財務諸表等の用語、様式及び作成方法に関する規則(昭和38年大蔵省令第59
      号)」並びに同規則第2条の2の規定により、「投資信託財産の計算に関する規則(平成12年総理府令第133
      号)」に基づいて作成しております。
      なお、財務諸表に記載している金額は、円単位で表示しております。
    (2)当ファンドは、金融商品取引法第193条の2第1項の規定に基づき、第4期計算期間(2021年4月16日から2022年

      4月15日まで)の財務諸表について、EY新日本有限責任監査法人により監査を受けております。
    １【財務諸表】

                                 30/362
















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    【楽天・インデックス・バランス・ファンド（債券重視型）】

    （１）【貸借対照表】

                                                      （単位：円）
                                    第3期               第4期
                                 2021年    4月15日現在           2022年    4月15日現在
     資産の部
       流動資産
                                          49,196               163,843
        預金
                                        18,835,730               11,423,189
        コール・ローン
                                      2,215,096,536               3,386,926,659
        投資信託受益証券
                                           266
                                                           -
        派生商品評価勘定
                                      2,233,981,728               3,398,513,691
        流動資産合計
                                      2,233,981,728               3,398,513,691
       資産合計
     負債の部
       流動負債
                                        4,379,053
        未払金                                                   -
                                        12,643,500                6,205,210
        未払解約金
                                         202,896               353,384
        未払受託者報酬
                                        1,014,412               1,766,839
        未払委託者報酬
                                            54               31
        未払利息
                                         110,769               211,664
        その他未払費用
                                        18,350,684                8,537,128
        流動負債合計
                                        18,350,684                8,537,128
       負債合計
     純資産の部
       元本等
                                      1,893,643,532               2,925,738,341
        元本
        剰余金
                                       321,987,512               464,238,222
          期末剰余金又は期末欠損金（△）
                                       157,423,380               136,233,077
          （分配準備積立金）
                                      2,215,631,044               3,389,976,563
        元本等合計
                                      2,215,631,044               3,389,976,563
       純資産合計
                                      2,233,981,728               3,398,513,691
     負債純資産合計
                                 31/362









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    （２）【損益及び剰余金計算書】

                                                      （単位：円）
                                    第3期               第4期
                                 自　2020年      4月16日         自　2021年      4月16日
                                 至　2021年      4月15日         至　2022年      4月15日
     営業収益
                                        8,239,793               16,952,667
       受取配当金
                                       186,419,094
       有価証券売買等損益                                               △ 215,975,401
                                        8,991,034              144,880,280
       為替差損益
                                       203,649,921
                                                      △ 54,142,454
       営業収益合計
     営業費用
                                          9,207               13,339
       支払利息
                                         350,048               642,431
       受託者報酬
                                        1,750,100               3,212,002
       委託者報酬
                                         552,111               810,122
       その他費用
                                        2,661,466               4,677,894
       営業費用合計
                                       200,988,455
                                                      △ 58,820,348
     営業利益又は営業損失（△）
                                       200,988,455
                                                      △ 58,820,348
     経常利益又は経常損失（△）
                                       200,988,455
                                                      △ 58,820,348
     当期純利益又は当期純損失（△）
     一部解約に伴う当期純利益金額の分配額又は一部解
                                        27,269,895               10,277,523
     約に伴う当期純損失金額の分配額（△）
                                        24,727,577               321,987,512
     期首剰余金又は期首欠損金（△）
                                       142,622,511               311,087,247
     剰余金増加額又は欠損金減少額
       当期追加信託に伴う剰余金増加額又は欠損金減少
                                       142,622,511               311,087,247
       額
                                        19,081,136               99,738,666
     剰余金減少額又は欠損金増加額
       当期一部解約に伴う剰余金減少額又は欠損金増加
                                        19,081,136               99,738,666
       額
                                            -               -
     分配金
                                       321,987,512               464,238,222
     期末剰余金又は期末欠損金（△）
                                 32/362











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    （３）【注記表】

    （重要な会計方針に係る事項に関する注記）
    １.有価証券の評価基準及び評価方法                  投資信託受益証券

                      移動平均法に基づき、時価で評価しております。
                      時価評価にあたっては、投資信託受益証券の市場価格又は基準価額に基づいて評価
                      しております。
    ２.デリバティブ等の評価基準及び評価                  為替予約取引

      方法
                      個別法に基づき、原則として時価で評価しております。
                      時価評価にあたっては、原則として本報告書における開示対象ファンドの計算期間
                      末日の対顧客先物相場において為替予約の受渡日の仲値が発表されている場合には
                      当該仲値、受渡日の仲値が発表されていない場合には発表されている受渡日に最も
                      近い前後二つの日の仲値をもとに計算しております。
    ３.外貨建資産・負債の本邦通貨への換                  信託財産に属する外貨建資産・負債の円換算は、原則として、わが国における計算

      算基準                期間末日の対顧客直物電信売買相場の仲値によって計算しております。
    ４.収益及び費用の計上基準                  受取配当金

                      投資信託受益証券の収益分配金を、原則として収益分配金落ちの売買が行われる日
                      において、当該金額を計上しております。
                      有価証券売買等損益の計上基準

                      約定日基準で計上しております。
                      為替差損益の計上基準

                      約定日基準で計上しております。
    ５.その他財務諸表作成のための基本と                  外貨建取引等の処理基準

      なる重要な事項
                      外貨建取引については、「投資信託財産の計算に関する規則」（平成12年総理府令
                      第133号）第60条に基づき、取引発生時の外国通貨の額をもって記録する方法を採
                      用しております。但し、同第61条に基づき、外国通貨の売却時において、当該外国
                      通貨に加えて、外貨建資産等の外貨基金勘定及び外貨建各損益勘定の前日の外貨建
                      純資産額に対する当該売却外国通貨の割合相当額を当該外国通貨の売却時の外国為
                      替相場等で円換算し、前日の外貨基金勘定に対する円換算した外貨基金勘定の割合
                      相当の邦貨建資産等の外国投資勘定と、円換算した外貨基金勘定を相殺した差額を
                      為替差損益とする計理処理を採用しております。
    （重要な会計上の見積りに関する注記）


    該当事項はありません。
    （貸借対照表に関する注記）

                                 33/362


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                          第3期                      第4期
         項目
                      2021年    4月15日現在                   2022年    4月15日現在
    １.   計算期間末日におけ                        1,893,643,532口                      2,925,738,341口
       る受益権の総数
    ２.   計算期間末日におけ         1口当たり純資産額                   1.1700円    1口当たり純資産額                   1.1587円
       る1口当たり純資産額
                (10,000口当たり純資産額)                  (11,700円)     (10,000口当たり純資産額)                  (11,587円)
    （損益及び剰余金計算書に関する注記）

                 第3期                            第4期

               自 2020年   4月16日                        自 2021年   4月16日
               至 2021年   4月15日                        至 2022年   4月15日
       分配金の計算過程                            分配金の計算過程
           項目                            項目
       費用控除後の配当等収益額              A      7,418,205円        費用控除後の配当等収益額              A      10,884,737円
       費用控除後・繰越欠損金補填              B      145,257,517円         費用控除後・繰越欠損金補填              B         －円
       後の有価証券売買等損益額                            後の有価証券売買等損益額
       収益調整金額               C       164,564,132円         収益調整金額               C       328,005,145円
       分配準備積立金額              D      4,747,658円        分配準備積立金額              D      125,348,340円
       当ファンドの分配対象収益額            E=A+B+C+D       321,987,512円         当ファンドの分配対象収益額            E=A+B+C+D       464,238,222円
       当ファンドの期末残存口数              F     1,893,643,532口          当ファンドの期末残存口数              F     2,925,738,341口
       10,000口当たり収益分配対象           G=E/F×10,000         1,700.32円        10,000口当たり収益分配対象           G=E/F×10,000         1,586.72円
       額                            額
       10,000口当たり分配金額              H         －円     10,000口当たり分配金額              H         －円
       収益分配金金額           I=F×H/10,000            －円     収益分配金金額           I=F×H/10,000            －円
    （金融商品に関する注記）


    Ⅰ金融商品の状況に関する事項
                                        第4期

                                     自  2021年    4月16日
                                     至  2022年    4月15日
    １.金融商品に対する取組方針                  当ファンドは投資信託及び投資法人に関する法律第2条第4項に定める証券投資信託
                      として、信託約款に規定する「運用の基本方針」に基づき金融商品を保有しており
                      ます。
                                 34/362




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                                        第4期
                                     自  2021年    4月16日
                                     至  2022年    4月15日
    ２.金融商品の内容及び当該金融商品に                  当ファンドは、売買目的有価証券のほか、コール・ローン等の金銭債権及び金銭債
      係るリスク                務を保有しております。当該金融商品は価格変動リスク、株価変動リスク、金利変
                      動リスク、為替変動リスクなどの市場リスク、信用リスク、流動性リスク等に晒さ
                      れております。
                      デリバティブ取引は、為替予約取引であり、信託約款及びデリバティブ取引に関す
                      る社内規定の範囲内で行います。これらの取引には為替変動リスクなどがありま
                      す。
    ３.金融商品に係るリスクの管理体制                  複数の部署と会議体が連携する組織的な体制によりリスク管理を行っております。

                      信託財産全体としてのリスク管理を金融商品、リスクの種類ごとに行っておりま
                      す。
    ４.金融商品の時価等に関する事項につ                  金融商品の時価の算定においては一定の前提条件等を採用しているため、異なる前

      いての補足説明                提条件等によった場合、当該価額が異なることもあります。
    Ⅱ金融商品の時価等に関する事項


                               第3期                   第4期

    　　　　　　　　項目
                           2021年    4月15日現在                2022年    4月15日現在
    １.  貸借対照表計上額と時価との差額                 貸借対照表計上額は原則として時価で計                   貸借対照表計上額は原則として時価で計
                      上されているため、差額はありません。                   上されているため、差額はありません。
    ２.  時価の算定方法                 （1）   有価証券                 （1）   有価証券

                      重要な会計方針に係る事項に関する注記                   重要な会計方針に係る事項に関する注記
                      に記載しております。                   に記載しております。
                      （2）   デリバティブ取引                 （2）   デリバティブ取引

                      デリバティブ取引等に関する注記に記載                   該当事項はありません。
                      しております。
                      （3）   上記以外の金銭債権及び金銭債務                 （3）   上記以外の金銭債権及び金銭債務

                      短期間で決済されるため、時価は帳簿価                   短期間で決済されるため、時価は帳簿価
                      額にほぼ等しいことから、当該帳簿価額                   額にほぼ等しいことから、当該帳簿価額
                      を時価としております。                   を時価としております。
    （有価証券に関する注記）


    売買目的有価証券
                             第3期                    第4期

                         2021年    4月15日現在                 2022年    4月15日現在
                                 35/362


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           種類
                     当計算期間の損益に含まれた評価差額                    当計算期間の損益に含まれた評価差額
                            （円）                    （円）
        投資信託受益証券                           185,069,934                   △219,344,142
           合計                       185,069,934                   △219,344,142
    （デリバティブ取引等に関する注記）

    取引の時価等に関する事項
    通貨関連
    第3期（2021年        4月15日現在）
                                             時価         評価損益

       区分         種類        契約額等(円)
                                             (円)          (円)
                                  うち1年超
     市場取引以外         為替予約取引
      の取引
                買建           4,464,994             －      4,465,260             266
              アメリカ・ドル             4,464,994             －      4,465,260             266
            合計               4,464,994             －      4,465,260             266
    (注)時価の算定方法

     国内における計算期間末日の対顧客先物相場の仲値によって、以下のように評価しております。
     1.計算期間末日において為替予約の受渡日の対顧客先物相場の仲値が発表されている場合は、当該為替予約は当該仲値に
      よって評価しております。
     2.計算期間末日において当該日の対顧客先物相場の仲値が発表されていない場合は以下の方法によっております。
      イ)計算期間末日に当該日を超える対顧客先物相場が発表されている場合には、発表されている先物相場のうち当該日
      に最も近い前後２つの対顧客先物相場の仲値をもとに計算したレートにより評価しております。
      ロ)計算期間末日に当該日を超える対顧客先物相場が発表されていない場合には、当該日に最も近い発表されている対
      顧客先物相場の仲値により評価しております。
      ※上記取引で、ヘッジ会計が適用されているものはありません。
    第4期（2022年        4月15日現在）
    該当事項はありません。

    （関連当事者との取引に関する注記）

                 第3期                            第4期

              自  2020年    4月16日                       自  2021年    4月16日
              至  2021年    4月15日                       至  2022年    4月15日
    市場価格その他当該取引に係る価格を勘案して、一般の取引                            市場価格その他当該取引に係る価格を勘案して、一般の取引
    条件と異なる関連当事者との取引は行われていないため、該                            条件と異なる関連当事者との取引は行われていないため、該
    当事項はありません。                            当事項はありません。
    （その他の注記）


    元本の移動
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                                  第3期                 第4期
                               自  2020年    4月16日            自  2021年    4月16日
               項目
                               至  2021年    4月15日            至  2022年    4月15日
    投資信託財産に係る元本の状況
    期首元本額                                1,064,141,679円                 1,893,643,532円
    期中追加設定元本額                                1,234,759,986円                 1,592,432,309円
    期中一部解約元本額                                 405,258,133円                 560,337,500円
    （４）【附属明細表】

    第１　有価証券明細表

    　(1)株式
    該当事項はありません。

    　(2)株式以外の有価証券

      種　類         通貨              銘　柄            券面総額           評価額       備考

     投資信託受          日本円        バンガード・インベストメント・                    241,850.73         2,338,485,520
      益証券                シリーズ・ピーエルシー            ‐  バン
                      ガード・グローバル・ボンド・イ
                      ンデックス・ファンド           ‐  インス
                      ティテューショナル・プラス円
                      ヘッジAcc
                     日本円    小計                  241,850.73         2,338,485,520
            アメリカ・ドル          Vanguard     Total   World   Stock   ETF         84,144        8,296,598.40
                                            84,144        8,296,598.40
                   アメリカ・ドル        小計
                                                   (1,048,441,139)
                                          325,994.73         3,386,926,659
                    合計
                                                   (1,048,441,139)
    券面総額欄の数値は、証券数を表示しております。

    (注)　

    1.各種通貨毎の小計の欄における（　）内の金額は、邦貨換算額であります。
    2.合計欄における(　)内の金額は、外貨建有価証券の邦貨換算額の合計額であり、内数で表示しております。
    3.外貨建有価証券の内訳
                                      組入投資信託

                                                   合計金額に
           通貨               銘柄数             受益証券
                                                   対する比率
                                       時価比率
    アメリカ・ドル               投資信託受益証券              1銘柄          100.0   %            100.0   %
    第２　信用取引契約残高明細表

    該当事項はありません。

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    第３   デリバティブ取引及び為替予約取引の契約額等及び時価の状況表

    該当事項はありません。

    （参考）

    当ファンドは上場投資信託証券および投資信託証券を投資対象としており、貸借対照表の資産の部に投資信託
    受益証券で計上されております。投資信託証券の状況は次の通りです。
    投資信託証券については、当ファンドの作成期末において入手可能な直前計算期間の年次報告書の情報を基に

    掲載しています。
    なお、以下に記載した情報は、監査の対象外です。
                バンガード・インベストメント・シリーズ・ピーエルシー                                 -

               バンガード・グローバル・ボンド・インデックス・ファンド                                  -
                   インスティテューショナル・プラス円ヘッジAcc
    貸借対照表

                                  2021年12月31日現在              2020年12月31日現在
                                    （米ドル）              （米ドル）
     流動資産
     損益を通じて公正価値で測定される金融資産                                 22,940,228,991              19,842,933,989
     金融派生商品                                  379,994,290              406,900,327
     現金                                  453,453,049              496,168,218
     スポット通貨取引に係わる未実現評価益                                   15,379,359                  -
     債権:
      未収利息及び未収配当金                                 105,837,997              101,755,578
      売却された資本性株式                                 106,860,803              131,004,475
      売却された、または償還された投資有価証券                                 116,363,176              71,840,416
      ブローカーからの証拠金債権                                   428,767                 -
      その他債権                                     982               -
     流動資産合計                                 24,118,547,414              21,050,603,003
     流動負債
     金融デリバティブ商品                                  137,828,959              248,783,887
     当座借越                                     76,053             125,283
     スポット通貨取引に係わる未実現評価損                                        -          4,263,563
     未払金及びその他の債務：
      購入済み投資有価証券                                 539,002,140              463,396,480
      未払収益分配金                                  6,150,785              6,078,000
      買い戻された資本性株式                                  13,947,838              8,118,347
      ブローカーに対する証拠金債務                                       -           11,121
      未払管理報酬                                  2,710,326              2,262,535
     流動負債合計                                  699,716,101              733,039,216
     買戻し可能参加型株式の保有者に帰属する純資産
                                      23,418,831,313              20,317,563,787
     （以下「純資産」という。）
    １口当たり純資産価格

                            2021年12月31日           2020年12月31日           2019年12月31日
                               現在           現在           現在
     CHF  Hedged    Acc
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     米ドル相当額                          580,724,862           806,207,974           792,559,475
     純資産総額                          529,127,458           712,647,539           767,474,968
     発行済株式数                           3,902,681           5,094,460           5,729,251
               1
                                  135.58
                                             139.89           133.96
     1口当たり純資産価格
             2
     CHF  Hedged    Dist
     米ドル相当額                           31,962,471                -           -
     純資産総額                           29,122,605                -           -
     発行済株式数                            302,023              -           -
               1
                                   96.43             -           -
     1口当たり純資産価格
     Institutional       Plus   CHF  Hedged    Acc
     米ドル相当額                          712,327,974           782,844,542           488,937,942
     純資産総額                          649,037,634           691,995,433           473,463,056
     発行済株式数                           5,991,758           6,194,755           4,427,672
               1
                                  108.32
                                             111.71           106.93
     1口当たり純資産価格
     EUR  Hedged    Acc
     米ドル相当額                         2,226,647,026           1,587,453,314           1,113,250,529
     純資産総額                         1,958,008,304           1,297,415,993            991,759,945
     発行済株式数                           18,030,873           11,609,118            9,299,596
               1
                                  108.59
                                             111.76           106.65
     1口当たり純資産価格
             2
     EUR  Hedged    Dist
     米ドル相当額                           44,632,116                -           -
     純資産総額                           39,247,376                -           -
     発行済株式数                            406,026              -           -
               1
                                   96.66             -           -
     1口当たり純資産価格
    １口当たり純資産価格（続き）

                            2021年12月31日           2020年12月31日           2019年12月31日
                               現在           現在           現在
     Institutional       Plus   EUR  Hedged    Acc
     米ドル相当額                         1,713,084,493           1,839,424,136           3,140,376,572
     純資産総額                         1,506,405,651           1,503,350,222           2,797,662,893
     発行済株式数                           12,906,123           12,521,503           24,429,862
               1
                                  116.72
                                             120.06           114.52
     1口当たり純資産価格
     GBP  Hedged    Acc
     米ドル相当額                         12,049,942,436            9,121,882,321           6,129,100,961
     純資産総額                         8,896,557,899           6,673,164,802           4,626,609,684
     発行済株式数                           54,620,137           40,090,217           29,332,754
               1
                                  162.88
                                             166.45           157.73
     1口当たり純資産価格
     GBP  Hedged    Dist
     米ドル相当額                         1,214,698,884           1,079,545,705            732,421,840
     純資産総額                          896,820,795           789,747,790           552,875,536
     発行済株式数                           6,510,784           5,537,529           4,027,969
               1
                                  137.74
                                             142.62           137.26
     1口当たり純資産価格
     Institutional       Plus   GBP  Hedged    Acc
     米ドル相当額                         1,711,310,066           1,560,267,913           1,088,139,130
     純資産総額                         1,263,472,350           1,141,422,850            821,392,088
     発行済株式数                           10,467,990            9,258,469           7,035,043
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               1
                                  120.70
                                             123.28           116.76
     1口当たり純資産価格
     Institutional       Plus   GBP  Hedged    Dist
     米ドル相当額                          524,914,890           658,133,074           717,082,499
     純資産総額                          387,548,383           481,460,987           541,296,490
     発行済株式数                           3,636,422           4,363,228           5,096,560
               1
                                  106.57
                                             110.35           106.21
     1口当たり純資産価格
            3
     JPY  Hedged    Acc
     米ドル相当額                               -      104,635,985            38,635,553
     純資産総額                               -    10,803,142,271            4,198,718,722
     発行済株式数                               -        973,240           397,276
               1
                                     -
                                            11,100.18           10,568.77
     1口当たり純資産価格
     Institutional       Plus   JPY  Hedged    Acc
     米ドル相当額                          201,436,013              56,865           51,408
     純資産総額                         23,196,364,077              5,871,027           5,586,764
     発行済株式数                           2,206,432              545           545
               1
                                 10,513.07
                                            10,772.53           10,250.94
     1口当たり純資産価格
     USD  Hedged    Acc
     純資産総額                         1,791,681,322           1,508,526,410           1,097,877,881
     発行済株式数                           10,780,566            8,894,648           6,869,857
               1
                                  166.20           169.60           159.81
     1口当たり純資産価格
             2
     USD  Hedged    Dist
     純資産総額                           14,835,294                -           -
     発行済株式数                            152,240              -           -
               1
                                   97.45             -           -
     1口当たり純資産価格
     Investor     USD  Hedged
     純資産総額                           38,261,355           48,725,075           46,169,706
     発行済株式数                            314,014           391,865           394,057
               1
                                  121.85           124.34           117.17
     1口当たり純資産価格
     Institutional       Plus   USD  Hedged    Acc
     純資産総額                          529,343,140          1,178,899,530           1,377,866,186
     発行済株式数                           4,319,652           9,431,928           11,704,847
               1
                                  122.54           124.99           117.72
     1口当たり純資産価格
     Institutional       Plus   USD  Hedged    Dist
     純資産総額                           33,028,971           40,960,943           51,996,097
     発行済株式数                            304,567           365,370           484,633
               1
                                  108.45           112.11           107.29
     1口当たり純資産価格
    1 表示されている1株当たり純資産価格は、スイング・プライシング及び取引日会計の調整のため、取引目的で使用される1

     株当たり純資産価格と異なる場合があります。
    2 シェアクラスは2021年1月21日にローンチされました。
    3 シェアクラスは2021年3月23日に清算されました。
     添付の注記は、本財務諸表の不可欠な一部です。
    損益計算書

                                      2021年12月31日に            2020年12月31日に
                                       終了する期間            終了する期間
                                       （米ドル）            （米ドル）
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     投資収益／（損失）
      受取利息                                   316,132,153            313,333,710
      その他の収益                                    1,883,011             907,965
      金融商品に係わる純利益／（損失）                                  (1,286,945,040)            1,642,656,080
     投資収益／（損失）合計                                    (968,929,876)           1,956,897,755
     費用
      管理報酬                                    30,154,072            24,003,587
      取引手数料及び手数料                                      72,189            92,829
      その他の費用                                        50           954
     費用合計                                     30,226,311            24,097,370
     金融費用
      支払利息                                    1,375,676            1,264,101
      支払分配金                                    25,076,204            24,856,968
      収益の平衡化                                     (353,396)             6,453
     金融費用合計                                     26,098,484            26,127,522
     純投資収益／（損失）                                   (1,025,254,671)            1,906,672,863
     租税                                     (2,081,335)            (2,064,552)
     純資産の純増加／（減少）                                   (1,027,336,006)            1,904,608,311
    純資産変動計算書

                                      2021年12月31日に            2020年12月31日に
                                       終了する期間            終了する期間
                                       （米ドル）            （米ドル）
     純資産の増加／（減少）
     営業活動による純資産の増加／（減少）                                   (1,027,336,006)            1,904,608,311
     資本取引
      発行額                                  9,228,439,371            9,575,833,170
      買戻し額                                  (5,099,878,020)            (8,025,560,246)
      再投資額                                      42,181            36,439
       資本取引の合計       1                          4,128,603,532            1,550,309,363
      当期の増加／（減少）額の合計                                  3,101,267,526            3,454,917,674
     純資産
     期首純資産                                   20,317,563,787            16,862,646,113
     期末純資産                                   23,418,831,313            20,317,563,787
    1 資本取引には、損益計算書において示されている                       収益の   平衡化が含まれています。

     添付の注記は、本財務諸表の不可欠な一部です。
    投資明細表

    2021年12月31日現在
                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     債券  97.96%  (2020:  97.66%)
     オーストラリア     2.01%  (2020:  1.89%)
     Australia   Government    Bond               AU($)22,900,000         0.25%     21/11/2025        16,031,330        0.07%
     Australia   Government    Bond               AU($)22,700,000         1.00%     21/11/2031        15,499,706        0.07%
     Australia   Government    Bond               AU($)21,400,000         0.25%     21/11/2024        15,264,818        0.07%
     Australia   Government    Bond               AU($)15,100,000         3.25%     21/4/2029        12,263,691        0.05%
     Australia   Government    Bond               AU($)15,300,000         2.75%     21/11/2028        12,010,307        0.05%
     Australia   Government    Bond               AU($)15,105,000         2.75%     21/11/2029        11,922,495        0.05%
     Australia   Government    Bond               AU($)15,400,000         2.25%     21/5/2028        11,717,265        0.05%
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     Commonwealth     Bank  of Australia               EUR10,000,000        0.13%     15/10/2029        11,246,733        0.05%
     Australia   Government    Bond               AU($)15,800,000         1.00%     21/12/2030        10,864,982        0.05%
     Australia   Government    Bond               AU($)13,200,000         0.50%     21/9/2026        9,231,558       0.04%
     Australia   Government    Bond               AU($)10,500,000         4.25%     21/4/2026        8,584,422       0.04%
     Australia   Government    Bond               AU($)10,000,000         4.75%     21/4/2027        8,525,240       0.04%
     Treasury   Corp.  of Victoria                AU($)11,500,000         1.50%     20/11/2030         8,047,116       0.04%
     National   Australia   Bank  Ltd.               EUR7,000,000        0.01%      6/1/2029        7,854,474       0.03%
     Australia   Government    Bond               AU($)11,000,000         1.25%     21/5/2032        7,664,926       0.03%
     New  South  Wales  Treasury   Corp.              AU($)9,000,000         3.00%     20/5/2027        7,014,118       0.03%
     Australia   Government    Bond               AU($)9,330,000         1.50%     21/6/2031        6,686,707       0.03%
     Australia   Government    Bond               AU($)8,500,000         2.50%     21/5/2030        6,605,515       0.03%
     Australia   Government    Bond               AU($)9,725,000         1.75%     21/6/2051        6,101,160       0.03%
     Australia   Government    Bond               AU($)6,800,000         2.75%     21/5/2041        5,299,352       0.02%
     Australia   Government    Bond               AU($)5,700,000         3.75%     21/4/2037        5,084,518       0.02%
     Australia   Government    Bond               AU($)5,150,000         4.50%     21/4/2033        4,815,539       0.02%
     Australia   Government    Bond               AU($)6,500,000         1.75%     21/11/2032         4,743,723       0.02%
     Ausgrid   Finance   Pty Ltd.                AU($)6,100,000         3.75%     30/10/2024         4,655,065       0.02%
     Queensland    Treasury   Corp.                AU($)5,500,000         3.50%     21/8/2030        4,498,376       0.02%
     Australia   Government    Bond               AU($)5,460,000         3.00%     21/3/2047        4,414,208       0.02%
     Queensland    Treasury   Corp.                AU($)5,450,000         3.25%     21/8/2029        4,348,888       0.02%
     Western   Australian    Treasury   Corp.             AU($)5,350,000         3.25%     20/7/2028        4,252,146       0.02%
     New  South  Wales  Treasury   Corp.              AU($)5,200,000         5.00%     20/8/2024        4,168,617       0.02%
     Australia   Government    Bond               AU($)5,250,000         5.75%     15/7/2022        3,930,645       0.02%
     South  Australian    Government    Financing   Authority         AU($)5,000,000         3.00%     20/9/2027        3,903,728       0.02%
     Australia   & New  Zealand   Banking   Group  Ltd.          GBP2,907,000        1.81%     16/9/2031        3,838,776       0.02%
     Australia   Government    Bond               AU($)4,800,000         3.25%     21/4/2025        3,732,419       0.02%
     Australia   Government    Bond               AU($)4,648,000         2.75%     21/6/2035        3,727,496       0.02%
     New  South  Wales  Treasury   Corp.              AU($)5,000,000         2.00%     20/3/2031        3,648,307       0.02%
     Treasury   Corp.  of Victoria                 AU($)5,000,000         1.25%     19/11/2027         3,550,291       0.02%
     NBN  Co.,  Ltd.                   AU($)5,000,000         1.00%     3/12/2025        3,483,288       0.02%
     Queensland    Treasury   Corp.                AU($)4,500,000         4.25%     21/7/2023        3,456,189       0.02%
     Australia   Government    Bond               AU($)4,000,000         3.25%     21/6/2039        3,362,804       0.02%
     Australia   Pacific  Airports   Melbourne    Pty Ltd.         AU($)4,500,000         3.76%     25/11/2031         3,328,338       0.01%
     Australia   Government    Bond               AU($)4,000,000         2.75%     21/11/2027         3,124,753       0.01%
     Treasury   Corp.  of Victoria                 AU($)4,000,000         2.50%     22/10/2029         3,037,735       0.01%
     Queensland    Treasury   Corp.                AU($)3,500,000         3.25%     21/7/2028        2,778,359       0.01%
     South  Australian    Government    Financing   Authority         AU($)3,500,000         2.75%     24/5/2030        2,704,467       0.01%
     Optus  Finance   Pty Ltd.                AU($)3,700,000         2.50%      1/7/2030        2,638,677       0.01%
     New  South  Wales  Treasury   Corp.              AU($)3,300,000         3.00%     20/2/2030        2,600,411       0.01%
     Westpac   Banking   Corp.                  $2,525,000       2.00%     16/1/2025        2,583,914       0.01%
     Macquarie    Bank  Ltd.                   $2,500,000       2.30%     22/1/2025        2,561,615       0.01%
     New  South  Wales  Treasury   Corp.              AU($)3,200,000         3.00%     20/3/2028        2,500,258       0.01%
     Queensland    Treasury   Corp.                AU($)3,500,000         1.50%      2/3/2032        2,429,397       0.01%
     New  South  Wales  Treasury   Corp.              AU($)3,500,000         1.50%     20/2/2032        2,425,564       0.01%
     Toyota   Finance   Australia   Ltd.               EUR2,000,000        2.00%     21/10/2024         2,403,427       0.01%
     National   Housing   Finance   & Investment    Corp.          AU($)3,360,000         1.52%     27/5/2030        2,359,634       0.01%
     Treasury   Corp.  of Victoria                 AU($)2,700,000         5.50%     17/11/2026         2,329,541       0.01%
     Australia   Government    Bond               AU($)3,000,000         5.50%     21/4/2023        2,325,983       0.01%
     Commonwealth     Bank  of Australia               EUR2,000,000        0.38%     24/4/2023        2,298,260       0.01%
     Queensland    Treasury   Corp.                AU($)2,800,000         4.75%     21/7/2025        2,276,247       0.01%
     BHP  Billiton   Finance   USA  Ltd.                $1,695,000       5.00%     30/9/2043        2,241,973       0.01%
     Glencore   Funding   LLC                  $2,075,000       3.88%     27/10/2027         2,232,188       0.01%
                                 42/362

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     Queensland    Treasury   Corp.                AU($)3,200,000         2.25%     16/4/2040        2,186,358       0.01%
     Woolworths    Group  Ltd.                AU($)3,000,000         1.85%     20/5/2025        2,176,831       0.01%
     New  South  Wales  Treasury   Corp.              AU($)2,700,000         3.00%     20/4/2029        2,120,584       0.01%
     Queensland    Treasury   Corp.                AU($)2,750,000         2.75%     20/8/2027        2,117,480       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     AGI  Finance   Pty Ltd.                 AU($)3,000,000         2.12%     24/6/2027        2,115,596       0.01%
     Treasury   Corp.  of Victoria                 AU($)3,000,000         2.00%     17/9/2035        2,076,199       0.01%
     Western   Australian    Treasury   Corp.             AU($)2,400,000         3.00%     21/10/2026         1,864,423       0.01%
     Optus  Finance   Pty Ltd.                AU($)2,500,000         2.60%     24/11/2028         1,823,910       0.01%
     National   Australia   Bank  Ltd.                $1,800,000       1.88%     13/12/2022         1,822,462       0.01%
     Western   Australian    Treasury   Corp.             AU($)2,500,000         1.75%     22/10/2031         1,778,998       0.01%
     Treasury   Corp.  of Victoria                 AU($)2,000,000         4.25%     20/12/2032         1,762,913       0.01%
     National   Australia   Bank  Ltd.               GBP1,300,000        1.70%     15/9/2031        1,714,356       0.01%
     Rio Tinto  Finance   USA  Ltd.                 $1,700,000       2.75%     2/11/2051        1,687,471       0.01%
     Northern   Territory   Treasury   Corp.             AU($)2,200,000         2.75%     21/4/2027        1,684,090       0.01%
     Queensland    Treasury   Corp.                AU($)2,300,000         1.75%     21/8/2031        1,635,308       0.01%
     Australia   & New  Zealand   Banking   Group  Ltd.          EUR1,401,000        0.63%     21/2/2023        1,611,559       0.01%
     National   Australia   Bank  Ltd.               EUR1,300,000        1.38%     30/8/2028        1,570,445       0.01%
     Westpac   Banking   Corp.                  $1,525,000       2.00%     13/1/2023        1,546,078       0.01%
     Treasury   Corp.  of Victoria                 AU($)1,900,000         3.00%     20/10/2028         1,487,039       0.01%
     New  South  Wales  Treasury   Corp.              AU($)1,800,000         3.50%     20/11/2037         1,477,867       0.01%
     Treasury   Corp.  of Victoria                 AU($)2,000,000         2.25%     20/11/2034         1,445,513       0.01%
     National   Australia   Bank  Ltd.               AU($)1,950,000         1.65%     21/1/2025        1,418,428       0.01%
     Victoria   Power  Networks   Finance   Pty Ltd.          AU($)2,000,000         1.60%     21/4/2026        1,416,870       0.01%
     National   Australia   Bank  Ltd.               EUR1,200,000        0.75%     30/1/2026        1,406,486       0.01%
     NSW  Electricity    Networks   Finance   Pty Ltd.          AU($)2,000,000         2.73%     23/4/2029        1,403,710       0.01%
     Queensland    Treasury   Corp.                AU($)1,700,000         5.75%     22/7/2024        1,383,527       0.01%
     Aurizon   Network   Pty Ltd.                AU($)2,000,000         2.90%      2/9/2030        1,378,848       0.01%
     Toyota   Finance   Australia   Ltd.               EUR1,200,000        0.25%      9/4/2024        1,374,462       0.01%
     New  South  Wales  Treasury   Corp.              AU($)1,800,000         4.00%     20/4/2023        1,369,730       0.01%
     Macquarie    Group  Ltd.                 GBP1,000,000        2.13%     1/10/2031        1,340,639       0.01%
     BHP  Billiton   Finance   Ltd.                CA($)1,650,000         3.23%     15/5/2023        1,337,748       0.01%
     Australia   & New  Zealand   Banking   Group  Ltd.         AU($)1,800,000         1.65%     16/1/2025        1,311,059       0.01%
     Pacific  National   Finance   Pty Ltd.             AU($)1,800,000         3.80%      8/9/2031        1,291,250       0.01%
     Scentre   Group  Trust  1/Scentre    Group  Trust  2         $1,175,000       3.75%     23/3/2027        1,270,180       0.01%
     Westpac   Banking   Corp.                  $1,200,000       2.85%     13/5/2026        1,265,914       0.01%
     Qantas   Airways   Ltd.                 AU($)1,800,000         3.15%     27/9/2028        1,265,541       0.01%
     Stockland   Trust                    EUR1,000,000        1.63%     27/4/2026        1,193,714       0.01%
     Westpac   Banking   Corp.                  $1,200,000       3.13%     18/11/2041         1,191,172       0.01%
     Glencore   Finance   Europe   Ltd.               EUR1,000,000        1.50%     15/10/2026         1,184,727       0.01%
     Commonwealth     Bank  of Australia＾               EUR1,000,000        1.94%     3/10/2029        1,180,370       0.01%
     Commonwealth     Bank  of Australia                $1,200,000       2.69%     11/3/2031        1,180,350       0.01%
     Commonwealth     Bank  of Australia                $1,200,000       1.13%     15/6/2026        1,177,754       0.01%
     Wesfarmers    Ltd.                   EUR1,044,000        0.95%     21/10/2033         1,174,847       0.01%
     National   Australia   Bank  Ltd.                $1,250,000       2.65%     14/1/2041        1,172,818       0.01%
     Commonwealth     Bank  of Australia                $1,200,000       1.88%     15/9/2031        1,171,046       0.01%
     Woolworths    Group  Ltd.                AU($)1,650,000         1.85%     15/11/2027         1,160,562       0.01%
     Westpac   Banking   Corp.                 EUR1,000,000        0.50%     16/1/2025        1,158,449       0.01%
     Westpac   Banking   Corp.                 EUR1,000,000        0.50%     4/12/2023        1,155,231       0.01%
     National   Australia   Bank  Ltd.               EUR1,000,000        0.25%     20/5/2024        1,146,423       0.01%
                                 43/362


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     National   Australia   Bank  Ltd.                GBP770,000       3.00%      4/9/2026        1,126,556       0.01%
     Ausgrid   Finance   Pty Ltd.                AU($)1,600,000         1.81%      5/2/2027        1,113,501       0.01%
     National   Australia   Bank  Ltd.                $1,150,000       2.33%     21/8/2030        1,100,688       0.01%
     Scentre   Group  Trust  1/Scentre    Group  Trust  2         EUR900,000       1.75%     11/4/2028        1,089,869       0.01%
     Lonsdale   Finance   Pty Ltd.               AU($)1,500,000         2.45%     20/11/2026         1,086,951       0.01%
     Ausgrid   Finance   Pty Ltd.                 EUR949,000       0.88%     7/10/2031        1,065,018       0.01%
     Macquarie    Group  Ltd.                  EUR900,000       0.35%      3/3/2028        1,010,230       0.01%
     BHP  Billiton   Finance   Ltd.                 GBP550,000       4.30%     25/9/2042         985,209       0.00%
     Transurban    Finance   Co. Pty Ltd.              EUR800,000       1.45%     16/5/2029         946,418       0.00%
     South  Australian    Government    Financing   Authority         AU($)1,200,000         3.00%     24/5/2028         938,591       0.00%
     Glencore   Capital   Finance   DAC               EUR800,000       1.13%     10/3/2028         919,806       0.00%
     Westpac   Banking   Corp.                  EUR800,000       0.38%      5/3/2023        917,175       0.00%
     Australia   & New  Zealand   Banking   Group  Ltd.            $850,000      4.50%     19/3/2024         905,939       0.00%
     Westpac   Banking   Corp.                   $800,000      3.35%      8/3/2027        863,793       0.00%
     Goodman   US Finance   Three  LLC                $800,000      3.70%     15/3/2028         862,212       0.00%
     Westpac   Banking   Corp.＾                   $781,000      4.32%     23/11/2031         844,952       0.00%
     Transurban    Finance   Co. Pty Ltd.               $775,000      4.13%      2/2/2026        842,506       0.00%
     Commonwealth     Bank  of Australia                 $800,000      2.63%      6/9/2026        838,540       0.00%
     Bank  of Queensland    Ltd.                 EUR730,000       0.13%      4/6/2024        835,517       0.00%
     Treasury   Corp.  of Victoria                 AU($)1,000,000         5.50%     17/12/2024         819,042       0.00%
     National   Housing   Finance   & Investment    Corp.          AU($)1,200,000         1.41%     29/6/2032         818,158       0.00%
     Australia   & New  Zealand   Banking   Group  Ltd.＾          EUR725,000       0.67%      5/5/2031        811,592       0.00%
     Westpac   Banking   Corp.                   $769,000      2.70%     19/8/2026         808,291       0.00%
     New  South  Wales  Treasury   Corp.              AU($)1,000,000         4.00%     20/5/2026         805,043       0.00%
     Network   Finance   Co. Pty Ltd.              AU($)1,100,000         2.58%     3/10/2028         782,758       0.00%
     Glencore   Capital   Finance   DAC               EUR700,000       0.75%      1/3/2029        774,658       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Downer   Group  Finance   Pty Ltd.              AU($)1,000,000         3.70%     29/4/2026         761,653       0.00%
     Commonwealth     Bank  of Australia                 $650,000      4.32%     10/1/2048         760,402       0.00%
     Commonwealth     Bank  of Australia                 $600,000      3.90%     12/7/2047         725,553       0.00%
     Aurizon   Finance   Pty Ltd.                AU($)1,000,000         3.00%      9/3/2028        703,435       0.00%
     Coles  Group  Treasury   Pty Ltd.              AU($)1,000,000         2.10%     27/8/2030         675,494       0.00%
     Argentum   Netherlands    BV for Swiss  Re Ltd.＾            $600,000      5.63%     15/8/2052         675,056       0.00%
     Westpac   Banking   Corp.＾                  EUR600,000       0.77%     13/5/2031         673,613       0.00%
     Woolworths    Group  Ltd.                  EUR598,000       0.38%     15/11/2028         665,819       0.00%
     Woodside   Finance   Ltd.                   $605,000      3.70%     15/9/2026         645,070       0.00%
     NSW  Electricity    Networks   Finance   Pty Ltd.          AU($)950,000        2.54%     23/9/2030         642,642       0.00%
     Macquarie    Group  Ltd.＾                   $650,000      1.34%     12/1/2027         632,708       0.00%
     BHP  Billiton   Finance   USA  Ltd.                $600,000      3.85%     30/9/2023         630,997       0.00%
     Woodside   Finance   Ltd.                   $600,000      3.65%      5/3/2025        630,673       0.00%
     Australia   & New  Zealand   Banking   Group  Ltd.            $550,000      4.40%     19/5/2026         601,586       0.00%
     Australia   & New  Zealand   Banking   Group  Ltd.＾            $575,000      2.95%     22/7/2030         589,253       0.00%
     Macquarie    Bank  Ltd.＾                    $600,000      3.05%      3/3/2036        589,215       0.00%
     Westpac   Banking   Corp.＾                   $575,000      2.89%      4/2/2030        587,096       0.00%
     Scentre   Group  Trust  2＾                  $550,000      5.13%     24/9/2080         587,054       0.00%
     Telstra   Corp.,  Ltd.                   EUR500,000       1.00%     23/4/2030         583,288       0.00%
     APT  Pipelines   Ltd.                   GBP400,000       3.13%     18/7/2031         574,056       0.00%
     Macquarie    Bank  Ltd.                    $525,000      3.90%     15/1/2026         570,653       0.00%
     Sydney   Airport   Finance   Co. Pty Ltd.              $535,000      3.63%     28/4/2026         566,788       0.00%
     APT  Pipelines   Ltd.                   EUR500,000       0.75%     15/3/2029         555,139       0.00%
                                 44/362


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     Telstra   Corp.,  Ltd.                    $525,000      3.13%      7/4/2025        551,332       0.00%
     APT  Pipelines   Ltd.                   EUR500,000       1.25%     15/3/2033         551,182       0.00%
     Lendlease    Europe   Finance   plc               GBP400,000       3.50%     2/12/2033         541,116       0.00%
     Rio Tinto  Finance   USA  plc                 $450,000      4.13%     21/8/2042         539,358       0.00%
     Wesfarmers    Ltd.                   AU($)750,000        1.94%     23/6/2028         531,326       0.00%
     APT  Pipelines   Ltd.                   GBP400,000       2.50%     15/3/2036         530,101       0.00%
     Scentre   Group  Trust  2＾                  $505,000      4.75%     24/9/2080         527,631       0.00%
     National   Housing   Finance   & Investment    Corp.          AU($)700,000        2.38%     28/3/2029         525,974       0.00%
     National   Australia   Bank  Ltd.               AU($)700,000        3.00%     10/2/2023         522,233       0.00%
     Optus  Finance   Pty Ltd.                 AU($)700,000        1.60%      1/7/2025        503,698       0.00%
     Macquarie    Group  Ltd.＾                   $500,000      2.87%     14/1/2033         498,333       0.00%
     Westpac   Banking   Corp.                   $500,000      1.02%     18/11/2024         498,150       0.00%
     Westpac   Banking   Corp.                   $500,000      1.95%     20/11/2028         498,112       0.00%
     Transurban    Finance   Co. Pty Ltd.               $500,000      2.45%     16/3/2031         495,208       0.00%
     Westpac   Banking   Corp.＾                   $500,000      3.02%     18/11/2036         494,602       0.00%
     Macquarie    Group  Ltd.＾                   $500,000      1.94%     14/4/2028         491,339       0.00%
     Westpac   Banking   Corp.                   $500,000      2.96%     16/11/2040         489,221       0.00%
     Westpac   Banking   Corp.＾                   $500,000      2.67%     15/11/2035         487,456       0.00%
     Transurban    Finance   Co. Pty Ltd.              EUR400,000       1.75%     29/3/2028         484,245       0.00%
     Telstra   Corp.,  Ltd.                   EUR400,000       1.38%     26/3/2029         480,590       0.00%
     Woodside   Finance   Ltd.                   $450,000      3.70%     15/3/2028         480,173       0.00%
     South  Australian    Government    Financing   Authority          AU($)600,000        3.00%     20/7/2026         464,834       0.00%
     Macquarie    Group  Ltd.                  EUR400,000       0.63%      3/2/2027        458,349       0.00%
     Westpac   Banking   Corp.                   $430,000      2.65%     16/1/2030         447,742       0.00%
     Scentre   Group  Trust  1                 GBP300,000       3.88%     16/7/2026         443,968       0.00%
     AusNet   Services   Holdings   Pty Ltd.             AU($)550,000        4.40%     16/8/2027         438,970       0.00%
     Glencore   Funding   LLC                   $400,000      4.00%     27/3/2027         431,885       0.00%
     Commonwealth     Bank  of Australia                 $400,000      3.74%     12/9/2039         429,870       0.00%
     Transurban    Queensland    Finance   Pty Ltd.           AU($)600,000        3.25%      5/8/2031        426,619       0.00%
     Commonwealth     Bank  of Australia＾                 $400,000      3.61%     12/9/2034         418,146       0.00%
     BHP  Billiton   Finance   USA  Ltd.                $350,000      4.13%     24/2/2042         414,060       0.00%
     Amcor  Finance   USA,  Inc.                  $375,000      3.63%     28/4/2026         399,865       0.00%
     GAIF  Bond  Issuer  Pty Ltd.                  $375,000      3.40%     30/9/2026         399,831       0.00%
     Northern   Territory   Treasury   Corp.              AU($)500,000        3.50%     21/4/2028         399,329       0.00%
     Westpac   Banking   Corp.                  AU($)500,000        5.25%     21/11/2023         392,007       0.00%
     Queensland    Treasury   Corp.                AU($)500,000        3.25%     21/7/2026         391,521       0.00%
     South  Australian    Government    Financing   Authority          AU($)500,000        4.25%     20/11/2023         386,984       0.00%
     Northern   Territory   Treasury   Corp.              AU($)500,000        2.75%     21/10/2024         378,982       0.00%
     Commonwealth     Bank  of Australia                AU($)500,000        3.25%     25/4/2023         375,420       0.00%
     Westpac   Banking   Corp.                   $350,000      3.30%     26/2/2024         367,373       0.00%
     Westpac   Banking   Corp.                   $350,000      2.75%     11/1/2023         357,446       0.00%
     Scentre   Group  Trust  1/Scentre    Group  Trust  2         EUR300,000       1.45%     28/3/2029         356,025       0.00%
     Amcor  UK Finance   plc                 EUR300,000       1.13%     23/6/2027         351,911       0.00%
     ElectraNet    Pty Ltd.                  AU($)500,000        2.47%     15/12/2028         351,825       0.00%
     Macquarie    Group  Ltd.＾                   $300,000      5.03%     15/1/2030         347,624       0.00%
     Vicinity   Centres   Trust                  EUR300,000       1.13%     7/11/2029         342,678       0.00%
     AGI  Finance   Pty Ltd.                  AU($)500,000        1.82%     23/11/2028         337,374       0.00%
     Westpac   Banking   Corp.                   $325,000      2.35%     19/2/2025         335,531       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     QBE  Insurance   Group  Ltd.＾                  $300,000      5.88%     17/6/2046         332,337       0.00%
                                 45/362


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     National   Australia   Bank  Ltd.                CHF300,000        0.25%     19/1/2023         331,937       0.00%
     Computershare     US, Inc.                 EUR300,000       1.13%     7/10/2031         329,979       0.00%
     QBE  Insurance   Group  Ltd.＾                  $300,000      7.50%     24/11/2043         329,592       0.00%
     National   Australia   Bank  Ltd.                 $300,000      3.38%     14/1/2026         323,332       0.00%
     Rio Tinto  Finance   USA  plc                 $250,000      4.75%     22/3/2042         320,425       0.00%
     Wesfarmers    Ltd.                   AU($)450,000        2.55%     23/6/2031         319,924       0.00%
     Macquarie    Group  Ltd.＾                   $275,000      4.65%     27/3/2029         309,166       0.00%
     Scentre   Group  Trust  2                 EUR250,000       3.25%     11/9/2023         300,035       0.00%
     Macquarie    Group  Ltd.＾                   $265,000      3.76%     28/11/2028         285,002       0.00%
     National   Australia   Bank  Ltd.＾               CA($)345,000        3.52%     12/6/2030         281,884       0.00%
     Macquarie    Group  Ltd.＾                   $265,000      4.15%     27/3/2024         274,558       0.00%
     Australia   & New  Zealand   Banking   Group  Ltd.            $250,000      3.70%     16/11/2025         271,521       0.00%
     National   Australia   Bank  Ltd.                 $250,000      3.63%     20/6/2023         260,242       0.00%
     Westpac   Banking   Corp.                   $250,000      1.55%     30/9/2026         250,222       0.00%
     Glencore   Funding   LLC                   $250,000      1.63%     27/4/2026         245,508       0.00%
     AusNet   Services   Holdings   Pty Ltd.              EUR200,000       1.50%     26/2/2027         239,645       0.00%
     Ausgrid   Finance   Pty Ltd.                 EUR200,000       1.25%     30/7/2025         234,744       0.00%
     Tasmanian    Public  Finance   Corp.               AU($)300,000        3.25%     19/2/2026         232,346       0.00%
     Australia   & New  Zealand   Banking   Group  Ltd.          AU($)300,000        3.35%      9/5/2023        225,651       0.00%
     Origin  Energy   Finance   Ltd.                EUR200,000       1.00%     17/9/2029         223,323       0.00%
     APT  Pipelines   Ltd.                    $200,000      4.25%     15/7/2027         220,200       0.00%
     Macquarie    Bank  Ltd.                    $200,000      4.88%     10/6/2025         218,312       0.00%
     Glencore   Funding   LLC                   $200,000      3.88%     27/4/2051         209,690       0.00%
     Macquarie    Bank  Ltd.                    $200,000      3.62%      3/6/2030        207,484       0.00%
     Sydney   Airport   Finance   Co. Pty Ltd.              $200,000      3.90%     22/3/2023         206,579       0.00%
     APT  Pipelines   Ltd.                   EUR150,000       2.00%     15/7/2030         180,535       0.00%
     Glencore   Funding   LLC                   $175,000      2.85%     27/4/2031         173,742       0.00%
     Ausgrid   Finance   Pty Ltd.                  $150,000      4.35%      1/8/2028        168,504       0.00%
     Rio Tinto  Finance   USA  Ltd.                 $125,000      5.20%     2/11/2040         166,366       0.00%
     Macquarie    Bank  Ltd.                    $150,000      4.00%     29/7/2025         162,566       0.00%
     Suncorp-Metway      Ltd.                   $150,000      3.30%     15/4/2024         156,514       0.00%
     Westpac   Banking   Corp.                   $150,000      3.65%     15/5/2023         155,971       0.00%
     Ausgrid   Finance   Pty Ltd.                  $150,000      3.85%      1/5/2023        154,067       0.00%
     Macquarie    Group  Ltd.＾                 CA($)185,000        2.72%     21/8/2029         145,379       0.00%
     Vicinity   Centres   Trust                  GBP100,000       3.38%      7/4/2026        144,168       0.00%
     Glencore   Finance   Europe   Ltd.               GBP100,000       3.13%     26/3/2026         141,473       0.00%
     Westpac   Banking   Corp.                   $115,000      4.42%     24/7/2039         134,869       0.00%
     APT  Pipelines   Ltd.                   EUR100,000       2.00%     22/3/2027         121,228       0.00%
     Aurizon   Network   Pty Ltd.                 EUR100,000       2.00%     18/9/2024         119,441       0.00%
     APT  Pipelines   Ltd.                    $110,000      4.20%     23/3/2025         117,753       0.00%
     Goodman   US Finance   Four  LLC                $100,000      4.50%     15/10/2037         116,342       0.00%
     Commonwealth     Bank  of Australia                 $100,000      3.15%     19/9/2027         108,001       0.00%
     Transurban    Finance   Co. Pty Ltd.               $100,000      3.38%     22/3/2027         106,280       0.00%
     Westpac   Banking   Corp.＾                    $90,000      4.11%     24/7/2034         97,081      0.00%
     Scentre   Group  Trust  1/Scentre    Group  Trust  2           $75,000      3.25%     28/10/2025          78,914      0.00%
     DBNGP   Finance   Co. Pty Ltd.               AU($)100,000        4.23%     28/5/2025         77,464      0.00%
     United  Energy   Distribution    Pty Ltd.             AU($)100,000        3.85%     23/10/2024          76,981      0.00%
     Sydney   Airport   Finance   Co. Pty Ltd.               $35,000      3.38%     30/4/2025         36,749      0.00%
                                                 470,250,845        2.01%
     オーストリア    0.76%  (2020:  0.72%)
     Republic   of Austria   Government    Bond            EUR23,000,000        0.50%     20/4/2027        27,288,604        0.12%
     Republic   of Austria   Government    Bond            EUR22,726,000        0.00%     20/4/2025        26,241,168        0.11%
                                 46/362

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     Republic   of Austria   Government    Bond            EUR12,933,000        0.25%     20/10/2036        14,352,252        0.06%
     Republic   of Austria   Government    Bond            EUR10,000,000        0.00%     15/7/2024        11,542,050        0.05%
     Republic   of Austria   Government    Bond            EUR9,020,000        0.00%     20/2/2031        10,188,543        0.04%
     Republic   of Austria   Government    Bond            EUR7,600,000        0.75%     20/10/2026         9,108,149       0.04%
     Republic   of Austria   Government    Bond            EUR5,050,000        2.40%     23/5/2034        7,287,326       0.03%
     Republic   of Austria   Government    Bond            EUR4,400,000        1.50%     20/2/2047        6,086,510       0.03%
     Republic   of Austria   Government    Bond            EUR4,248,000        0.00%     20/2/2030        4,832,828       0.02%
     Republic   of Austria   Government    Bond            EUR3,883,000        0.00%     20/4/2023        4,453,827       0.02%
     Republic   of Austria   Government    Bond            EUR2,474,000        2.10%     20/9/2117        4,303,076       0.02%
     Republic   of Austria   Government    Bond            EUR3,162,000        0.50%     20/2/2029        3,756,786       0.02%
     Republic   of Austria   Government    Bond            EUR1,400,000        3.80%     26/1/2062        3,264,017       0.02%
     Republic   of Austria   Government    Bond            EUR1,600,000        3.15%     20/6/2044        2,866,951       0.01%
     Verbund   AG                    EUR2,400,000        0.90%      1/4/2041        2,758,887       0.01%
     JAB  Holdings   BV                   EUR2,000,000        1.63%     30/4/2025        2,374,674       0.01%
     Republic   of Austria   Government    Bond            EUR1,912,000        0.00%     15/7/2023        2,197,042       0.01%
     Republic   of Austria   Government    Bond            EUR2,006,000        0.00%     20/10/2040         2,081,973       0.01%
     Republic   of Austria   Government    Bond            EUR2,019,000        0.85%     30/6/2120        1,996,148       0.01%
     Oesterreichische      Kontrollbank    AG             GBP1,500,000        0.50%     15/12/2025         1,986,106       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     BAWAG   PSK  Bank  fuer  Arbeit  und Wirtschaft    und
                              EUR1,500,000        0.38%      3/9/2027        1,690,307       0.01%
       Oesterreichische      Postsparkasse     AG
     Republic   of Austria   Government    Bond              EUR1,102,000        1.50%     2/11/2086        1,584,645       0.01%
     Republic   of Austria   Government    Bond              EUR1,200,000        0.75%     20/3/2051        1,398,887       0.01%
     HYPO  NOE  Landesbank    fuer  Niederoesterreich      und Wien  AG     EUR1,100,000        0.01%     18/6/2027        1,247,024       0.01%
     BAWAG   PSK  Bank  fuer  Arbeit  und Wirtschaft    und
                              EUR1,000,000        0.01%     21/1/2028        1,132,675       0.01%
       Oesterreichische      Postsparkasse     AG
     Erste  Group  Bank  AG                  EUR1,000,000        0.10%     15/1/2030        1,129,262       0.01%
     UniCredit   Bank  Austria   AG                 EUR900,000       0.63%     20/3/2029        1,059,085       0.01%
     OMV  AG                       EUR930,000       0.00%      3/7/2025        1,054,690       0.01%
     OMV  AG                       EUR910,000       1.00%      3/7/2034        1,033,141       0.01%
     Autobahnen-    und Schnell-   strassen-Finanzierungs        AG         EUR950,000       0.10%     16/7/2035        1,028,532       0.01%
     Oesterreichische      Kontrollbank    AG                $895,000      3.13%     7/11/2023         933,314      0.01%
     Oesterreichische      Kontrollbank    AG               EUR800,000       0.00%     8/10/2026         911,211      0.00%
     Oesterreichische      Kontrollbank    AG               CHF600,000       2.88%     25/2/2030         811,581      0.00%
     Autobahnen-    und Schnell-   strassen-Finanzierungs        AG         EUR700,000       0.00%     16/7/2027         796,251      0.00%
     Raiffeisenlandesbank       Niederoesterreich-Wien        AG          EUR700,000       0.38%     15/1/2035         786,551      0.00%
     BAWAG   PSK  Bank  fuer  Arbeit  und Wirtschaft    und
                              EUR700,000       0.01%     2/10/2029         786,457      0.00%
       Oesterreichische      Postsparkasse     AG
     Oesterreichische      Kontrollbank    AG                $800,000      0.38%     17/9/2025         775,447      0.00%
     Oesterreichische      Kontrollbank    AG                $700,000      0.50%      2/2/2026        679,017      0.00%
     OeBB-Infrastruktur       AG                  EUR500,000       2.25%     28/5/2029         654,912      0.00%
     JAB  Holdings   BV                    EUR500,000       2.50%     25/6/2029         628,541      0.00%
     Borealis   AG                      EUR500,000       1.75%     10/12/2025         598,923      0.00%
     Erste  Group  Bank  AG                   EUR500,000       0.75%      5/2/2025        584,623      0.00%
     JAB  Holdings   BV                    EUR500,000       1.25%     22/5/2024         583,781      0.00%
     JAB  Holdings   BV                    EUR400,000       1.75%     25/6/2026         479,574      0.00%
     OMV  AG＾                       EUR400,000       2.50%      Perpetual        471,691      0.00%
     Raiffeisenlandesbank       Niederoesterreich-Wien        AG          EUR400,000       0.38%     13/9/2024         462,024      0.00%
     Erste  Group  Bank  AG                   EUR400,000       0.63%     19/1/2023         460,173      0.00%
     Hypo  Vorarlberg    Bank  AG                 EUR400,000       0.25%     21/5/2027         459,155      0.00%
                                 47/362


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     CA Immobilien    Anlagen   AG                 EUR400,000       0.88%      5/2/2027        445,219      0.00%
     Oesterreichische      Kontrollbank    AG                $400,000      1.50%     12/2/2025         405,016      0.00%
     Autobahnen-    und Schnell-   strassen-Finanzierungs        AG         EUR260,000       2.75%     11/6/2032         368,975      0.00%
     OMV  AG                       EUR300,000       0.75%     16/6/2030         346,241      0.00%
     Autobahnen-    und Schnell-   strassen-Finanzierungs        AG         EUR300,000       0.10%      9/7/2029        340,493      0.00%
     OMV  AG＾                       EUR200,000       6.25%      Perpetual        270,240      0.00%
     JAB  Holdings   BV                     $250,000      2.20%     23/11/2030         244,792      0.00%
     OMV  AG＾                       EUR200,000       2.88%      Perpetual        235,821      0.00%
     Republic   of Austria   Government    Bond              EUR122,000       1.65%     21/10/2024         147,523      0.00%
     OeBB-Infrastruktur       AG                  EUR100,000       3.00%     24/10/2033         147,396      0.00%
     Autobahnen-    und Schnell-   strassen-Finanzierungs        AG         EUR100,000       2.75%     20/6/2033         143,829      0.00%
     Oesterreichische      Kontrollbank    AG               CHF100,000       2.63%     22/11/2024         119,366      0.00%
     Republic   of Austria   Government    International    Bond         CA($)100,000        5.38%     1/12/2034         103,343      0.00%
     Oesterreichische      Kontrollbank    AG                $100,000      2.88%     13/3/2023         102,700      0.00%
     OeBB-Infrastruktur       AG                   EUR50,000       3.38%     18/5/2032         74,304      0.00%
     Autobahnen-    und Schnell-   strassen-Finanzierungs        AG         EUR50,000       3.38%     22/9/2025         64,253      0.00%
                                                  176,747,902        0.76%
     ベルギー1.26%     (2020:  1.30%)
     Kingdom   of Belgium   Government    Bond             EUR34,300,000        2.25%     22/6/2023        40,675,919       0.17%
     Kingdom   of Belgium   Government    Bond             EUR31,800,000        0.10%     22/6/2030        36,424,152       0.16%
     Kingdom   of Belgium   Government    Bond             EUR19,500,000        0.80%     22/6/2025        23,184,340       0.10%
     Kingdom   of Belgium   Government    Bond             EUR10,550,000        0.80%     22/6/2027        12,736,512       0.05%
     Kingdom   of Belgium   Government    Bond             EUR6,440,000        3.75%     22/6/2045        11,997,100       0.05%
     Kingdom   of Belgium   Government    Bond             EUR10,000,000        0.50%     22/10/2024        11,718,714       0.05%
     Kingdom   of Belgium   Government    Bond             EUR10,000,000        0.00%     22/10/2031        11,168,690       0.05%
     Kingdom   of Belgium   Government    Bond             EUR7,000,000        1.90%     22/6/2038        9,669,946       0.04%
     Kingdom   of Belgium   Government    Bond             EUR6,300,000        1.45%     22/6/2037        8,146,626       0.04%
     Kingdom   of Belgium   Government    Bond             EUR5,000,000        2.25%     22/6/2057        7,827,767       0.03%
     Kingdom   of Belgium   Government    Bond             EUR5,719,000        1.70%     22/6/2050        7,764,527       0.03%
     Kingdom   of Belgium   Government    Bond             EUR5,000,000        1.25%     22/4/2033        6,362,453       0.03%
     Kingdom   of Belgium   Government    Bond             EUR3,125,000        5.00%     28/3/2035        5,700,199       0.02%
     Anheuser-Busch      Cos  LLC/Anheuser-Busch       InBev
      Worldwide,    Inc.
                               $4,450,000       4.90%      1/2/2046        5,636,697       0.02%
     Kingdom   of Belgium   Government    Bond             EUR4,255,000        0.40%     22/6/2040        4,600,778       0.02%
     Kingdom   of Belgium   Government    Bond             EUR4,839,000        0.65%     22/6/2071        4,507,022       0.02%
     Kingdom   of Belgium   Government    Bond             EUR2,800,000        3.00%     22/6/2034        4,229,800       0.02%
     KBC  Group  NV＾                    EUR3,000,000        0.13%     10/9/2026        3,387,353       0.01%
     Kingdom   of Belgium   Government    Bond             EUR2,753,000        1.00%     22/6/2026        3,327,251       0.01%
     Anheuser-Busch      Cos  LLC/Anheuser-Busch       InBev
      Worldwide,    Inc.
                               $2,050,000       4.70%      1/2/2036        2,476,269       0.01%
     Anheuser-Busch      InBev  SA                 EUR1,800,000        2.75%     17/3/2036        2,421,211       0.01%
     Belfius  Bank  SA                    EUR2,000,000        0.38%      2/9/2025        2,287,097       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Region  Wallonne   Belgium                  EUR2,100,000        0.50%     22/6/2037        2,283,888       0.01%
     FLUVIUS   System   Operator   CVBA              EUR2,000,000        0.25%     14/6/2028        2,238,250       0.01%
     KBC  Group  NV＾                   EUR2,000,000        0.63%     7/12/2031        2,234,346       0.01%
     KBC  Group  NV＾                   EUR2,000,000        0.13%     14/1/2029        2,215,416       0.01%
     Anheuser-Busch      InBev  SA                EUR1,700,000        1.65%     28/3/2031        2,079,559       0.01%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $1,500,000       5.55%     23/1/2049        2,074,665       0.01%
                                 48/362


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     Anheuser-Busch      Cos  LLC/Anheuser-Busch       InBev
                              $1,874,000       3.65%      1/2/2026        2,021,534       0.01%
       Worldwide,    Inc.
     Anheuser-Busch      InBev  SA                EUR1,700,000        1.13%      1/7/2027        2,008,533       0.01%
     Kingdom   of Belgium   Government    Bond            EUR1,500,000        1.60%     22/6/2047        1,990,025       0.01%
     Region  Wallonne   Belgium                  EUR1,700,000        0.50%      8/4/2030        1,964,657       0.01%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $1,470,000       5.45%     23/1/2039        1,927,639       0.01%
     BNP  Paribas   Fortis  SA                 EUR1,500,000        0.63%     4/10/2025        1,751,257       0.01%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $1,500,000       4.75%     23/1/2029        1,746,522       0.01%
     Anheuser-Busch      InBev  SA                GBP1,200,000        2.85%     25/5/2037        1,736,452       0.01%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $1,400,000       4.60%     15/4/2048        1,713,421       0.01%
     Elia Transmission     Belgium   SA              EUR1,300,000        1.38%     14/1/2026        1,547,424       0.01%
     Anheuser-Busch      InBev  SA                EUR900,000       3.70%      2/4/2040        1,361,368       0.01%
     FLUVIUS   System   Operator   CVBA              EUR1,200,000        0.63%     24/11/2031         1,347,603       0.01%
     KBC  Group  NV                   EUR1,100,000        1.13%     25/1/2024        1,282,905       0.01%
     Argenta   Spaarbank    NV                 EUR1,100,000        1.00%     29/1/2027        1,276,356       0.01%
     AG Insurance   SA＾                   EUR1,000,000        3.50%     30/6/2047        1,274,332       0.01%
     Ministeries    Van  de Vlaamse   Gemeenschap              EUR1,100,000        0.30%     20/10/2031         1,247,579       0.01%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $1,000,000       4.50%      1/6/2050        1,234,994       0.01%
     Euroclear   Investments    SA                EUR1,000,000        1.13%     7/12/2026        1,191,085       0.01%
     Anheuser-Busch      InBev  SA                EUR1,000,000        1.15%     22/1/2027        1,182,927       0.01%
     Kingdom   of Belgium   Government    Bond             EUR749,000       2.15%     22/6/2066        1,182,596       0.01%
     Argenta   Spaarbank    NV                 EUR1,000,000        1.00%     13/10/2026         1,158,889       0.01%
     Ministeries    Van  de Vlaamse   Gemeenschap              EUR1,000,000        0.38%     15/4/2030        1,157,475       0.01%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $900,000      4.60%      1/6/2060        1,122,804       0.01%
     Euroclear   Bank  SA                   EUR970,000       0.13%      7/7/2025        1,102,191       0.01%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $975,000      4.00%     13/4/2028        1,084,051       0.01%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $725,000      5.80%     23/1/2059        1,049,545       0.00%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $860,000      4.44%     6/10/2048        1,029,290       0.00%
     Anheuser-Busch      InBev  Finance,   Inc.            CA($)1,156,000         4.32%     15/5/2047        1,001,236       0.00%
     Anheuser-Busch      InBev  Worldwide,    Inc.           AU($)1,200,000         4.10%      6/9/2027        949,280       0.00%
     Region  Wallonne   Belgium                  EUR800,000       1.05%     22/6/2040         918,592       0.00%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $650,000      4.95%     15/1/2042         815,755       0.00%
     Anheuser-Busch      InBev  SA                EUR600,000       2.88%      2/4/2032        813,100       0.00%
     Euroclear   Bank  SA                   EUR700,000       0.50%     10/7/2023         805,493       0.00%
     Elia Transmission     Belgium   SA               EUR600,000       0.88%     28/4/2030         695,734       0.00%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $550,000      4.75%     15/4/2058         692,430       0.00%
     Ministeries    Van  de Vlaamse   Gemeenschap               EUR600,000       1.00%     23/1/2051         673,564       0.00%
     Belfius  Bank  SA                    EUR600,000       0.13%      8/2/2028        667,108       0.00%
     FLUVIUS   System   Operator   CVBA               EUR500,000       2.88%      7/5/2029        661,966       0.00%
     Ministeries    Van  de Vlaamse   Gemeenschap               EUR600,000       0.13%     15/10/2035         645,401       0.00%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $550,000      4.38%     15/4/2038         642,874       0.00%
     Anheuser-Busch      InBev  Finance,   Inc.              $500,000      4.90%      1/2/2046        628,763       0.00%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $500,000      4.35%      1/6/2040        588,013       0.00%
     BNP  Paribas   Fortis  SA                 EUR500,000       0.50%     23/9/2024         579,560       0.00%
     KBC  Group  NV＾                    EUR500,000       0.50%     3/12/2029         565,861       0.00%
     Belfius  Bank  SA                    EUR500,000       0.00%     28/8/2026         561,071       0.00%
     ING  Belgium   SA                    EUR500,000       0.01%     20/2/2030         560,381       0.00%
     Anheuser-Busch      InBev  Finance,   Inc.              $500,000      3.65%      1/2/2026        538,654       0.00%
     Ministeries    Van  de Vlaamse   Gemeenschap               EUR400,000       1.50%     11/4/2044         508,226       0.00%
     Kingdom   of Belgium   Government    International    Bond          $500,000      1.00%     28/5/2030         476,672       0.00%
     Brussels   Airport   Co. NV                 EUR400,000       1.00%      3/5/2024        462,060       0.00%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $350,000      3.75%     15/7/2042         380,517       0.00%
                                 49/362

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     Lonza  Finance   International    NV              EUR300,000       1.63%     21/4/2027         363,452       0.00%
     Aliaxis  Finance   SA                   EUR300,000       0.88%     8/11/2028         335,450       0.00%
     Anheuser-Busch      InBev  Finance,   Inc.              $250,000      4.00%     17/1/2043         278,531       0.00%
     Euroclear   Bank  SA                   GBP200,000       1.25%     30/9/2024         270,282       0.00%
     Elia Group  SA＾                    EUR200,000       2.75%      Perpetual        236,238       0.00%
     Anheuser-Busch      InBev  Worldwide,    Inc.             $135,000      8.20%     15/1/2039         219,597       0.00%
     Kingdom   of Belgium   Government    International    Bond          $200,000      2.88%     18/9/2024         210,071       0.00%
     Proximus   SADP                     EUR100,000       1.88%     1/10/2025         120,744       0.00%
     Proximus   SADP                     EUR100,000       2.38%      4/4/2024        120,109       0.00%
     FLUVIUS   System   Operator   CVBA               EUR100,000       2.88%     9/10/2023         119,957       0.00%
                                                 296,176,743        1.26%
     バーミューダ    0.01%  (2020:  0.01%)
     Bermuda   Government    International    Bond             $1,800,000       3.72%     25/1/2027        1,926,207       0.01%
     Bermuda   Government    International    Bond             $800,000      4.85%      6/2/2024        856,340       0.00%
     Triton  Container   International    Ltd.               $200,000      3.15%     15/6/2031         201,733       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Triton  Container   International    Ltd.               $200,000      1.15%      7/6/2024        197,645       0.00%
                                                  3,181,925       0.01%
     ブラジル   0.03%  (2020:  0.04%)
     Suzano   Austria   GmbH                    $900,000      7.00%     16/3/2047        1,140,098       0.01%
     Vale  Overseas   Ltd.                    $612,000      6.88%     21/11/2036         813,313       0.01%
     Vale  Overseas   Ltd.                    $575,000      6.88%     10/11/2039         772,137       0.01%
     Vale  SA                       $600,000      5.63%     11/9/2042         716,773       0.00%
     GUSAP   III LP                     $600,000      4.25%     21/1/2030         636,823       0.00%
     Vale  Overseas   Ltd.                    $600,000      3.75%      8/7/2030        621,973       0.00%
     Vale  Overseas   Ltd.                    $425,000      8.25%     17/1/2034         598,174       0.00%
     Suzano   Austria   GmbH                    $500,000      6.00%     15/1/2029         578,697       0.00%
     Suzano   Austria   GmbH                    $500,000      5.75%     14/7/2026         570,095       0.00%
     Suzano   Austria   GmbH                    $320,000      3.13%     15/1/2032         309,603       0.00%
     Votorantim    Cimentos   International    SA             $200,000      7.25%      5/4/2041        261,102       0.00%
     Vale  Canada   Ltd.                     $200,000      7.20%     15/9/2032         253,993       0.00%
     Suzano   Austria   GmbH                    $200,000      5.00%     15/1/2030         219,752       0.00%
     Raizen  Fuels  Finance   SA                  $200,000      5.30%     20/1/2027         217,567       0.00%
     Vale  Overseas   Ltd.                    $150,000      6.25%     10/8/2026         174,143       0.00%
     Fibria  Overseas   Finance   Ltd.                 $150,000      4.00%     14/1/2025         157,535       0.00%
                                                  8,041,778       0.03%
     ブルガリア    0.02%  (2020:  0.03%)
     Bulgaria   Government    International    Bond            EUR2,600,000        0.38%     23/9/2030        2,920,623       0.02%
     Bulgaria   Government    International    Bond            EUR530,000       1.38%     23/9/2050         576,502       0.00%
     Bulgaria   Government    International    Bond            EUR400,000       3.13%     26/3/2035         561,810       0.00%
     Bulgaria   Government    International    Bond            EUR400,000       1.88%     21/3/2023         466,994       0.00%
                                                  4,525,929       0.02%
     カナダ  3.75%  (2020:  3.71%)
     Bank  of Nova  Scotia                  EUR12,500,000        0.01%     14/9/2029        13,969,868        0.06%
     Canadian   Government    Bond               CA($)14,181,000         2.00%     1/12/2051        12,078,972        0.05%
     Canadian   Government    Bond               CA($)14,505,000         1.50%      1/6/2031       11,555,172        0.05%
     Canadian   Government    Bond               CA($)13,300,000         0.25%      1/5/2023       10,449,861        0.05%
     Canadian   Government    Bond               CA($)11,800,000         1.00%      1/9/2026        9,231,828       0.04%
     Canadian   Government    Bond               CA($)6,836,000         5.75%      1/6/2033        7,764,769       0.03%
     Province   of Ontario   Canada                CA($)7,360,000         3.45%      2/6/2045        6,834,730       0.03%
                                 50/362

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     Toronto-Dominion      Bank                  $6,600,000       2.50%     18/1/2022        6,606,133       0.03%
     HSBC  Bank  Canada                   EUR5,800,000        0.01%     14/9/2026        6,585,799       0.03%
     Province   of Ontario   Canada                CA($)6,170,000         4.65%      2/6/2041        6,537,937       0.03%
     Canadian   Government    Bond               CA($)5,375,000         5.00%      1/6/2037        6,214,255       0.03%
     Canadian   Government    Bond               CA($)7,815,000         0.50%     1/11/2023        6,136,579       0.03%
     Canadian   Government    Bond               CA($)7,555,000         0.50%      1/9/2025        5,837,142       0.03%
     Canadian   Government    Bond               CA($)7,306,000         1.25%      1/3/2025        5,803,027       0.03%
     Canadian   Government    Bond               CA($)7,385,000         0.25%      1/8/2023        5,788,071       0.03%
     Canada   Housing   Trust  No 1              CA($)6,695,000         2.90%     15/6/2024        5,512,215       0.03%
     Canadian   Government    Bond               CA($)6,829,000         1.75%      1/3/2023        5,466,610       0.03%
     Canada   Housing   Trust  No 1              CA($)7,005,000         0.95%     15/6/2025        5,463,420       0.03%
     Province   of Quebec   Canada                CA($)5,840,000         3.10%     1/12/2051        5,297,508       0.02%
     Province   of Ontario   Canada                CA($)6,240,000         2.60%      2/6/2025        5,127,102       0.02%
     Province   of Quebec   Canada                CA($)5,235,000         3.50%     1/12/2048        5,009,362       0.02%
     Province   of Ontario   Canada                CA($)5,670,000         2.90%     2/12/2046        4,843,691       0.02%
     Canadian   Government    Bond               CA($)6,070,000         0.25%      1/2/2023        4,779,094       0.02%
     Province   of Ontario   Canada                CA($)5,765,000         2.65%     2/12/2050        4,742,856       0.02%
     Province   of Ontario   Canada                CA($)4,925,000         3.50%      2/6/2043        4,568,415       0.02%
     Province   of Ontario   Canada                CA($)5,420,000         2.80%      2/6/2048        4,561,336       0.02%
     Canadian   Government    Bond               CA($)5,359,000         2.25%      1/3/2024        4,354,378       0.02%
     Province   of Ontario   Canada                CA($)5,050,000         2.90%      2/6/2049        4,339,865       0.02%
     Canadian   Government    Bond               CA($)5,765,000         0.50%     1/12/2030        4,223,627       0.02%
     Province   of Ontario   Canada                CA($)5,975,000         1.90%     2/12/2051        4,181,814       0.02%
     Province   of Ontario   Canada                CA($)5,145,000         2.05%      2/6/2030        4,105,497       0.02%
     Province   of Quebec   Canada                  $3,900,000       2.50%     20/4/2026        4,086,667       0.02%
     Province   of Ontario   Canada                CA($)3,950,000         4.60%      2/6/2039        4,083,959       0.02%
     Canadian   Government    Bond               CA($)5,078,000         1.50%      1/9/2024        4,065,157       0.02%
     Canadian   Government    Bond               CA($)3,741,000         3.50%     1/12/2045        4,028,525       0.02%
     Province   of Ontario   Canada                CA($)3,895,000         4.70%      2/6/2037        4,007,573       0.02%
     Province   of Quebec   Canada                CA($)4,240,000         3.50%     1/12/2045        4,001,328       0.02%
     Province   of Ontario   Canada                CA($)4,920,000         2.85%      2/6/2023        3,996,218       0.02%
     Province   of Quebec   Canada                CA($)3,710,000         4.25%     1/12/2043        3,843,363       0.02%
     Canada   Housing   Trust  No 1              CA($)4,680,000         1.80%     15/12/2024         3,755,429       0.02%
     Province   of Quebec   Canada                CA($)4,375,000         3.75%      1/9/2024        3,685,350       0.02%
     Canada   Housing   Trust  No 1              CA($)4,505,000         1.95%     15/12/2025         3,634,464       0.02%
     Province   of Ontario   Canada                CA($)4,340,000         3.50%      2/6/2024        3,614,136       0.02%
     Province   of Ontario   Canada                CA($)3,300,000         5.60%      2/6/2035        3,605,285       0.02%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Canadian   Government    Bond               CA($)4,390,000         2.25%      1/6/2025        3,604,203       0.02%
     Province   of Ontario   Canada                CA($)4,190,000         2.90%      2/6/2028        3,544,180       0.02%
     Province   of Quebec   Canada                CA($)4,430,000         1.90%      1/9/2030        3,500,419       0.02%
     Province   of Ontario   Canada                CA($)4,315,000         1.75%      8/9/2025        3,448,784       0.02%
     Canada   Housing   Trust  No 1              CA($)4,220,000         2.35%     15/9/2023        3,413,356       0.02%
     Bank  of Nova  Scotia                   EUR2,900,000        0.38%     10/3/2023        3,330,689       0.02%
     Hydro-Quebec                       CA($)2,735,000         5.00%     15/2/2050        3,288,721       0.02%
     Canada   Housing   Trust  No 1              CA($)4,150,000         1.75%     15/6/2030        3,276,872       0.02%
     Province   of Alberta   Canada                CA($)3,710,000         3.10%      1/6/2050        3,263,954       0.02%
     Canadian   Government    Bond               CA($)4,220,000         0.25%      1/3/2026        3,210,083       0.02%
     Province   of Ontario   Canada                CA($)3,815,000         2.70%      2/6/2029        3,195,249       0.02%
     Canada   Housing   Trust  No 1              CA($)3,860,000         2.55%     15/12/2023         3,139,444       0.02%
                                 51/362


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     Province   of Quebec   Canada                CA($)2,815,000         5.00%     1/12/2041        3,133,994       0.02%
     Canada   Housing   Trust  No 1              CA($)3,665,000         2.65%     15/3/2028        3,071,551       0.01%
     Province   of Ontario   Canada                  $2,940,000       3.05%     29/1/2024        3,071,448       0.01%
     Province   of Ontario   Canada                CA($)3,700,000         2.60%      2/6/2027        3,069,289       0.01%
     Province   of Quebec   Canada                  $3,000,000       1.90%     21/4/2031        3,022,966       0.01%
     Province   of Ontario   Canada                CA($)3,635,000         2.40%      2/6/2026        2,979,845       0.01%
     Hydro-Quebec                       CA($)2,770,000         4.00%     15/2/2055        2,961,950       0.01%
     Canadian   Government    Bond               CA($)2,664,000         4.00%      1/6/2041        2,926,292       0.01%
     Ontario   Teachers'   Finance   Trust              EUR2,590,000        0.10%     19/5/2028        2,914,651       0.01%
     Canadian   Government    Bond               CA($)3,697,000         1.25%      1/6/2030        2,903,751       0.01%
     Canadian   Government    Bond               CA($)3,585,000         1.75%     1/12/2053        2,862,999       0.01%
     Province   of Quebec   Canada                CA($)3,475,000         2.30%      1/9/2029        2,841,322       0.01%
     Province   of Quebec   Canada                CA($)3,350,000         2.75%      1/9/2027        2,809,127       0.01%
     Province   of Ontario   Canada                CA($)3,480,000         2.15%      2/6/2031        2,781,885       0.01%
     Province   of Ontario   Canada                 EUR2,500,000        0.01%     25/11/2030         2,743,967       0.01%
     Province   of British  Columbia   Canada             CA($)3,335,000         2.20%     18/6/2030        2,701,602       0.01%
     Canada   Housing   Trust  No 1              CA($)3,400,000         1.25%     15/6/2026        2,661,489       0.01%
     Province   of Alberta   Canada                CA($)3,345,000         2.05%      1/6/2030        2,659,386       0.01%
     Ontario   Teachers'   Finance   Trust              GBP1,960,000        1.13%     15/5/2026        2,646,895       0.01%
     Canada   Housing   Trust  No 1              CA($)3,205,000         2.35%     15/6/2023        2,588,191       0.01%
     Hydro-Quebec                       CA($)2,260,000         5.00%     15/2/2045        2,586,218       0.01%
     Province   of Quebec   Canada                CA($)3,120,000         2.75%      1/9/2025        2,585,352       0.01%
     Province   of Alberta   Canada                 EUR2,200,000        0.63%     18/4/2025        2,561,437       0.01%
     Province   of British  Columbia   Canada             CA($)2,860,000         2.95%     18/6/2050        2,513,469       0.01%
     Ontario   Teachers'   Cadillac   Fairview   Properties    Trust         $2,255,000       4.13%      1/2/2029        2,508,767       0.01%
     Province   of Quebec   Canada                CA($)2,980,000         2.75%      1/9/2028        2,506,765       0.01%
     Province   of Alberta   Canada                CA($)2,868,000         3.05%     1/12/2048        2,484,401       0.01%
     Province   of Ontario   Canada                CA($)3,190,000         1.35%     2/12/2030        2,394,634       0.01%
     Canadian   Government    Bond               CA($)2,934,000         2.00%      1/9/2023        2,364,439       0.01%
     CPPIB  Capital,   Inc.                  GBP1,750,000        0.38%     25/7/2023        2,356,085       0.01%
     Canada   Government    International    Bond             $2,400,000       0.75%     19/5/2026        2,346,954       0.01%
     Canada   Housing   Trust  No 1              CA($)2,855,000         2.55%     15/3/2025        2,343,463       0.01%
     Province   of Ontario   Canada                 EUR2,000,000        0.38%     14/6/2024        2,307,855       0.01%
     National   Bank  of Canada                  EUR2,000,000        0.25%     24/7/2023        2,297,367       0.01%
     Export  Development     Canada                EUR2,000,000        0.00%     27/1/2025        2,287,474       0.01%
     Province   of Ontario   Canada                 EUR2,000,000        0.25%      9/6/2031        2,231,522       0.01%
     Province   of Alberta   Canada                CA($)2,675,000         2.55%      1/6/2027        2,210,855       0.01%
     Ontario   Teachers'   Finance   Trust              EUR2,000,000        0.05%     25/11/2030         2,196,837       0.01%
     Canada   Housing   Trust  No 1              CA($)2,605,000         2.65%     15/12/2028         2,192,622       0.01%
     Province   of Ontario   Canada                CA($)2,830,000         1.55%     1/11/2029        2,188,988       0.01%
     Province   of Quebec   Canada                CA($)1,990,000         6.25%      1/6/2032        2,181,487       0.01%
     Bank  of Montreal                     EUR1,900,000        0.13%     26/3/2023        2,176,169       0.01%
     Canada   Housing   Trust  No 1              CA($)2,800,000         1.10%     15/12/2026         2,168,176       0.01%
     Province   of Ontario   Canada                CA($)1,990,000         5.85%      8/3/2033        2,141,061       0.01%
     Province   of Quebec   Canada                CA($)1,950,000         5.00%     1/12/2038        2,104,384       0.01%
     Canadian   Government    Bond               CA($)2,150,000         2.75%     1/12/2048        2,098,584       0.01%
     Ontario   Teachers'   Finance   Trust              EUR1,800,000        0.50%      6/5/2025        2,084,493       0.01%
     Nutrien   Ltd.                      $1,800,000       4.13%     15/3/2035        2,045,710       0.01%
     Province   of British  Columbia   Canada             CA($)2,395,000         2.80%     18/6/2048        2,034,702       0.01%
     Province   of Quebec   Canada                CA($)2,440,000         2.50%      1/9/2026        2,013,641       0.01%
     Province   of Quebec   Canada                 EUR1,800,000        0.25%      5/5/2031        2,012,165       0.01%
     Royal  Bank  of Canada                    $1,950,000       2.25%     1/11/2024        2,004,483       0.01%
                                 52/362


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     Province   of Ontario   Canada                CA($)2,450,000         2.60%      8/9/2023        1,988,761       0.01%
     Bank  of Nova  Scotia                    $1,975,000       1.19%     13/10/2026         1,943,590       0.01%
     Air Canada   2017-1  Class  AA Pass  Through   Trust          $1,904,400       3.30%     15/1/2030        1,930,644       0.01%
     Province   of Ontario   Canada                 GBP1,490,000        0.25%     15/12/2026         1,921,121       0.01%
     Province   of Alberta   Canada                CA($)2,250,000         2.90%     1/12/2028        1,902,595       0.01%
     Toronto-Dominion      Bank                  $1,875,000       1.25%     13/12/2024         1,876,411       0.01%
     Province   of British  Columbia   Canada               $1,795,000       2.25%      2/6/2026        1,864,802       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Province   of Alberta   Canada                CA($)2,070,000         3.30%     1/12/2046        1,859,501       0.01%
     Hydro-Quebec                       CA($)2,560,000         2.10%     15/2/2060        1,840,160       0.01%
     Province   of Quebec   Canada                CA($)2,425,000         1.50%      1/9/2031        1,833,926       0.01%
     Province   of Quebec   Canada                CA($)2,185,000         3.00%      1/9/2023        1,785,650       0.01%
     Royal  Bank  of Canada                    $1,800,000       1.15%     10/6/2025        1,784,213       0.01%
     Hydro-Quebec                       CA($)1,475,000         6.00%     15/2/2040        1,775,180       0.01%
     Canadian   Imperial   Bank  of Commerce                $1,700,000       3.10%      2/4/2024        1,773,429       0.01%
     Hydro-Quebec                       CA($)1,510,000         6.50%     15/2/2035        1,764,200       0.01%
     Province   of New  Brunswick    Canada              CA($)2,155,000         2.35%     14/8/2027        1,763,004       0.01%
     Bank  of Nova  Scotia                   EUR1,550,000        0.01%     14/1/2027        1,758,544       0.01%
     Province   of Alberta   Canada                  $1,700,000       2.05%     17/8/2026        1,745,911       0.01%
     Canadian   Natural   Resources    Ltd.               $1,700,000       2.95%     15/7/2030        1,737,249       0.01%
     Toronto-Dominion      Bank                  $1,700,000       1.90%     1/12/2022        1,721,270       0.01%
     Canada   Housing   Trust  No 1              CA($)2,100,000         2.15%     15/12/2031         1,700,573       0.01%
     Canada   Housing   Trust  No 1              CA($)2,090,000         2.10%     15/9/2029        1,698,635       0.01%
     PSP  Capital,   Inc.                  CA($)2,100,000         2.05%     15/1/2030        1,682,250       0.01%
     Province   of Quebec   Canada                 EUR1,400,000        0.88%     15/1/2025        1,642,464       0.01%
     Province   of British  Columbia   Canada             CA($)1,590,000         4.30%     18/6/2042        1,640,482       0.01%
     Province   of Quebec   Canada                CA($)1,885,000         2.85%     1/12/2053        1,638,252       0.01%
     Canada   Housing   Trust  No 1              CA($)2,100,000         1.60%     15/12/2031         1,617,682       0.01%
     Canada   Housing   Trust  No 1              CA($)2,000,000         1.90%     15/9/2026        1,610,105       0.01%
     Canada   Housing   Trust  No 1              CA($)1,910,000         2.35%     15/6/2027        1,570,512       0.01%
     Toyota   Credit  Canada,   Inc.               CA($)2,000,000         1.18%     23/2/2026        1,536,507       0.01%
     Province   of Ontario   Canada                AU($)2,000,000         3.10%     26/8/2025        1,526,369       0.01%
     Bell Telephone    Co. of Canada   or Bell  Canada          CA($)1,850,000         3.35%     12/3/2025        1,525,148       0.01%
     Royal  Bank  of Canada                    $1,500,000       1.60%     17/4/2023        1,516,691       0.01%
     Canada   Housing   Trust  No 1              CA($)1,845,000         3.15%     15/9/2023        1,511,857       0.01%
     Canadian   Government    Bond               CA($)1,900,000         1.50%     1/12/2031        1,506,285       0.01%
     CDP  Financial,   Inc.                   $1,505,000       0.88%     10/6/2025        1,487,426       0.01%
     Bank  of Nova  Scotia                    $1,500,000       0.70%     15/4/2024        1,485,641       0.01%
     Federation    des Caisses   Desjardins    du Quebec           EUR1,300,000        0.01%     24/9/2025        1,482,263       0.01%
     Cenovus   Energy,   Inc.                   $1,075,000       6.75%     15/11/2039         1,461,041       0.01%
     Province   of British  Columbia   Canada             CA($)1,605,000         3.20%     18/6/2044        1,444,774       0.01%
     Province   of Ontario   Canada                  $1,370,000       3.40%     17/10/2023         1,432,910       0.01%
     CPPIB  Capital,   Inc.                   $1,485,000       1.25%     28/1/2031        1,425,208       0.01%
     Canada   Housing   Trust  No 1              CA($)1,800,000         1.55%     15/12/2026         1,424,175       0.01%
     Canada   Housing   Trust  No 1              CA($)1,785,000         1.90%     15/3/2031        1,419,970       0.01%
     Province   of Ontario   Canada                CA($)1,855,000         1.05%      8/9/2027        1,417,039       0.01%
     Province   of Quebec   Canada                CA($)1,250,000         5.75%     1/12/2036        1,416,846       0.01%
     Province   of British  Columbia   Canada             CA($)1,700,000         2.55%     18/6/2027        1,410,152       0.01%
     Bank  of Nova  Scotia                    $1,425,000       0.65%     31/7/2024        1,405,595       0.01%
     Province   of British  Columbia   Canada             CA($)1,675,000         2.85%     18/6/2025        1,390,206       0.01%
                                 53/362


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     Province   of Quebec   Canada                CA($)1,345,000         6.00%     1/10/2029        1,379,093       0.01%
     Canadian   Government    Bond               CA($)1,725,000         1.50%      1/6/2023        1,378,172       0.01%
     Province   of Quebec   Canada                 GBP1,000,000        1.50%     15/12/2023         1,369,237       0.01%
     Toronto-Dominion      Bank＾                 CA($)1,670,000         3.59%     14/9/2028        1,364,764       0.01%
     HSBC  Bank  Canada                   CA($)1,685,000         2.54%     31/1/2023        1,354,901       0.01%
     Nissan  Canada,   Inc.                 CA($)1,725,000         1.63%     18/3/2024        1,353,236       0.01%
     Thomson   Reuters   Corp.                 CA($)1,690,000         2.24%     14/5/2025        1,351,857       0.01%
     Dollarama,    Inc.                   CA($)1,720,000         1.87%      8/7/2026        1,346,835       0.01%
     Province   of Quebec   Canada                 GBP1,000,000        0.75%     13/12/2024         1,341,034       0.01%
     Canadian   Government    Bond               CA($)1,305,000         2.75%     1/12/2064        1,339,878       0.01%
     Bank  of Nova  Scotia                   EUR1,200,000        0.25%     1/11/2028        1,333,589       0.01%
     Canada   Housing   Trust  No 1              CA($)1,725,000         1.40%     15/3/2031        1,314,755       0.01%
     Canadian   Government    Bond               CA($)1,500,000         8.00%      1/6/2023        1,305,791       0.01%
     Intact  Financial   Corp.                 CA($)1,590,000         2.85%      7/6/2027        1,303,836       0.01%
     Province   of Ontario   Canada                CA($)1,200,000         6.20%      2/6/2031        1,292,490       0.01%
     CPPIB  Capital,   Inc.                   $1,200,000       3.13%     25/9/2023        1,248,213       0.01%
     Bell Telephone    Co. of Canada   or Bell  Canada          CA($)1,590,000         2.20%     29/5/2028        1,242,551       0.01%
     Cameco   Corp.                    CA($)1,530,000         2.95%     21/10/2027         1,227,768       0.01%
     Province   of Ontario   Canada                CA($)1,530,000         1.85%      1/2/2027        1,224,875       0.01%
     Fortis,  Inc.                    CA($)1,500,000         2.85%     12/12/2023         1,215,789       0.01%
     Province   of Ontario   Canada                CA($)1,465,000         2.65%      5/2/2025        1,204,232       0.01%
     Province   of Manitoba   Canada                CA($)1,150,000         4.65%      5/3/2040        1,194,010       0.01%
     Royal  Bank  of Canada                    $1,200,000       0.65%     29/7/2024        1,183,669       0.01%
     Bank  of Nova  Scotia                    $1,125,000       2.70%      3/8/2026        1,173,967       0.01%
     Province   of Ontario   Canada                CA($)1,440,000         2.30%      8/9/2024        1,168,871       0.01%
     Bank  of Montreal                      $1,150,000       1.85%      1/5/2025        1,167,940       0.01%
     Royal  Bank  of Canada                  EUR1,000,000        0.63%     10/9/2025        1,166,347       0.01%
     CGI,  Inc.                     CA($)1,500,000         2.10%     18/9/2028        1,164,944       0.01%
     Bank  of Nova  Scotia                   EUR1,000,000        0.50%     22/1/2025        1,159,246       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Teranet   Holdings   LP                 CA($)1,400,000         3.54%     11/6/2025        1,158,414       0.01%
     OMERS   Finance   Trust                  EUR1,000,000        0.45%     13/5/2025        1,153,580       0.01%
     Canadian   Imperial   Bank  of Commerce              EUR1,000,000        0.75%     22/3/2023        1,152,120       0.01%
     Royal  Bank  of Canada                  EUR1,000,000        0.25%     28/6/2023        1,148,220       0.01%
     Barrick   Gold  Corp.                     $885,000      5.25%      1/4/2042        1,146,360       0.01%
     Suncor  Energy,   Inc.                    $815,000      6.80%     15/5/2038        1,144,951       0.01%
     Province   of Manitoba   Canada                CA($)1,380,000         2.60%      2/6/2027        1,143,866       0.01%
     Toronto-Dominion      Bank                 EUR1,000,000        0.10%     19/7/2027        1,138,757       0.01%
     AltaGas   Ltd.                    CA($)1,330,000         3.98%     4/10/2027        1,129,018       0.01%
     Shaw  Communications,      Inc.               CA($)1,300,000         4.40%     2/11/2028        1,129,016       0.01%
     Province   of Quebec   Canada                 EUR1,025,000        0.00%     29/10/2030         1,125,195       0.01%
     Bank  of Nova  Scotia＾                  CA($)1,390,000         2.84%      3/7/2029        1,124,660       0.01%
     Toronto-Dominion      Bank                  EUR980,000       0.00%      9/2/2024        1,120,773       0.01%
     Province   of Manitoba   Canada                CA($)1,245,000         3.20%      5/3/2050        1,119,346       0.01%
     TransCanada     PipeLines   Ltd.                 $950,000      4.63%      1/3/2034        1,118,634       0.01%
     BCI  QuadReal   Realty                  CA($)1,415,000         1.68%      3/3/2025        1,117,563       0.01%
     Hyundai   Capital   Canada,   Inc.              CA($)1,425,000         2.01%     12/5/2026        1,116,380       0.01%
     Province   of Quebec   Canada                 EUR1,000,000        0.00%     15/10/2029         1,110,022       0.01%
     Province   of Alberta   Canada                  $1,156,000       1.30%     22/7/2030        1,102,577       0.01%
     Province   of Alberta   Canada                  $1,105,000       1.00%     20/5/2025        1,096,417       0.01%
                                 54/362


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     Manulife   Financial   Corp.                   $988,000      4.15%      4/3/2026        1,082,507       0.01%
     Allied  Properties                     CA($)1,400,000         1.73%     12/2/2026        1,081,613       0.01%
     Hydro-Quebec                         $925,000      8.05%      7/7/2024        1,075,058       0.01%
     Canadian   Natural   Resources    Ltd.                $860,000      4.95%      1/6/2047        1,065,915       0.01%
     Province   of Quebec   Canada                  $1,000,000       2.75%     12/4/2027        1,062,909       0.01%
     Province   of Ontario   Canada                  $1,045,000       1.75%     24/1/2023        1,057,864       0.01%
     Royal  Bank  of Canada                  CA($)1,315,000         2.33%     28/1/2027        1,052,641       0.01%
     Canadian   National   Railway   Co.               $1,100,000       2.45%      1/5/2050        1,024,939       0.01%
     OPB  Finance   Trust                  CA($)1,230,000         2.98%     25/1/2027        1,023,100       0.01%
     Sun Life Financial,   Inc.＾                CA($)1,260,000         3.05%     19/9/2028        1,022,341       0.01%
     Toronto-Dominion      Bank                 CA($)1,315,000         1.13%     9/12/2025        1,011,371       0.01%
     CPPIB  Capital,   Inc.                   GBP750,000       0.88%     17/12/2024         1,010,715       0.01%
     Equitable   Bank                   CA($)1,275,000         1.77%     21/9/2023        1,009,946       0.01%
     Export  Development     Canada                 $1,000,000       1.38%     24/2/2023        1,009,189       0.01%
     Alimentation    Couche-Tard,     Inc.                $850,000      4.50%     26/7/2047        1,006,563       0.01%
     Bank  of Nova  Scotia                  CA($)1,240,000         2.98%     17/4/2023        1,004,854       0.01%
     Province   of British  Columbia   Canada             CA($)1,000,000         5.70%     18/6/2029        1,004,312       0.01%
     Royal  Bank  of Canada                  CA($)1,225,000         3.30%     26/9/2023        1,001,005       0.01%
     Bank  of Nova  Scotia                  CA($)1,245,000         2.38%      1/5/2023        999,634       0.01%
     Province   of Manitoba   Canada                CA($)1,150,000         3.25%      5/9/2029        997,669       0.01%
     TransCanada     PipeLines   Ltd.               CA($)1,180,000         4.35%      6/6/2046        996,428       0.01%
     Rogers  Communications,      Inc.                 $950,000      4.10%     1/10/2023         991,820       0.01%
     TransCanada     PipeLines   Ltd.                 $755,000      5.85%     15/3/2036         982,635       0.01%
     Municipal   Finance   Authority   of British  Columbia          CA($)1,215,000         2.60%     23/4/2023         982,528       0.01%
     Province   of Alberta   Canada                CA($)1,190,000         3.10%      1/6/2024        981,962       0.01%
     Province   of Ontario   Canada                 CA($)950,000        7.60%      2/6/2027        981,594       0.01%
     Canadian   Imperial   Bank  of Commerce                $1,000,000       0.95%     23/10/2025         978,935       0.01%
     TransCanada     PipeLines   Ltd.               CA($)1,200,000         3.69%     19/7/2023         977,441       0.01%
     TELUS   Corp.                    CA($)1,300,000         2.05%     7/10/2030         973,083       0.01%
     Canada   Housing   Trust  No 1              CA($)1,310,000         1.10%     15/3/2031         972,352       0.01%
     Teck  Resources    Ltd.                    $730,000      6.25%     15/7/2041         972,054       0.01%
     Enbridge,   Inc.                      $825,000      4.50%     10/6/2044         965,266       0.01%
     Fortis,  Inc.                       $917,000      3.06%     4/10/2026         956,924       0.01%
     Manulife   Financial   Corp.＾                 CA($)1,190,000         2.24%     12/5/2030         949,267       0.01%
     Province   of Alberta   Canada                CA($)1,100,000         2.95%      1/6/2052        947,091       0.01%
     Province   of Saskatchewan     Canada              CA($)1,070,000         3.10%      2/6/2050        943,903       0.01%
     Manulife   Bank  of Canada                 CA($)1,215,000         1.34%     26/2/2026         940,206       0.01%
     Bank  of Montreal                      $950,000      0.63%      9/7/2024        936,950       0.01%
     CPPIB  Capital,   Inc.                    $875,000      2.75%     2/11/2027         934,013       0.01%
     Province   of Quebec   Canada                CA($)1,155,000         2.10%     27/5/2031         926,304       0.01%
     Toronto-Dominion      Bank                  EUR800,000       0.38%     25/4/2024         918,266       0.01%
     Rogers  Communications,      Inc.              CA($)1,100,000         3.65%     31/3/2027         916,794       0.01%
     Province   of Saskatchewan     Canada              CA($)1,010,000         3.30%      2/6/2048        915,433       0.01%
     Province   of British  Columbia   Canada              CA($)830,000        4.95%     18/6/2040         905,957       0.01%
     Province   of New  Brunswick    Canada              CA($)1,060,000         3.10%     14/8/2028         905,799       0.01%
     Bell Telephone    Co. of Canada   or Bell  Canada          CA($)1,125,000         3.00%     17/3/2031         905,088       0.01%
     Canadian   Imperial   Bank  of Commerce＾              CA($)1,155,000         1.96%     21/4/2031         901,607       0.01%
     Province   of Newfoundland     & Labrador   Canada          CA($)1,075,000         3.00%      2/6/2026        898,877       0.01%
     Hydro  One,  Inc.                   CA($)825,000        7.35%      3/6/2030        892,864       0.01%
     Canadian   Pacific  Railway   Co.                 $600,000      6.13%     15/9/2115         891,325       0.01%
     Province   of Alberta   Canada                CA($)1,160,000         1.65%      1/6/2031        883,882       0.01%
                                 55/362


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                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     Bank  of Montreal                    CA($)1,075,000         2.85%      6/3/2024        874,009       0.01%
     Ontario   Teachers'   Finance   Trust               EUR800,000       0.95%     24/11/2051         873,563       0.01%
     Toronto-Dominion      Bank                 CA($)1,079,000         2.50%     2/12/2024         872,428       0.01%
     North  West  Redwater   Partnership/NWR      Financing   Co.,
                            CA($)1,055,000         3.20%     24/4/2026         870,785       0.01%
       Ltd.
     Bank  of Nova  Scotia                   EUR766,000       0.13%      4/9/2026        864,150       0.01%
     Inter  Pipeline   Ltd.                  CA($)1,020,000         4.23%      1/6/2027        860,550       0.01%
     RioCan                       CA($)1,105,000         1.97%     15/6/2026         859,833       0.01%
     Enbridge   Pipelines,   Inc.                CA($)1,015,000         3.52%     22/2/2029         855,425       0.01%
     Province   of Alberta   Canada                CA($)1,010,000         2.90%     20/9/2029         854,589       0.01%
     Royal  Bank  of Canada                  CA($)1,050,000         2.61%     1/11/2024         851,062       0.01%
     Province   of Alberta   Canada                CA($)1,040,000         2.35%      1/6/2025        847,401       0.01%
     Province   of Alberta   Canada                  $810,000      2.95%     23/1/2024         843,992       0.01%
     Province   of Manitoba   Canada                CA($)1,030,000         2.45%      2/6/2025        841,863       0.01%
     York  University                      CA($)700,000        6.48%      7/3/2042        841,158       0.01%
     Province   of Alberta   Canada                 CA($)920,000        3.45%     1/12/2043         837,751       0.01%
     Bank  of Nova  Scotia                  CA($)1,100,000         1.40%     1/11/2027         834,910       0.01%
     Province   of Alberta   Canada                 CA($)900,000        3.90%     1/12/2033         830,709       0.01%
     Royal  Bank  of Canada                    $800,000      2.55%     16/7/2024         827,079       0.01%
     Province   of Saskatchewan     Canada              CA($)1,005,000         2.75%     2/12/2046         825,544       0.01%
     Bank  of Montreal                    CA($)1,060,000         1.55%     28/5/2026         823,770       0.01%
     Municipal   Finance   Authority   of British  Columbia          CA($)1,000,000         2.50%     19/4/2026         820,970       0.01%
     Canadian   Natural   Resources    Ltd.             CA($)1,000,000         3.55%      3/6/2024        820,892       0.01%
     Calgary   Airport   Authority                  CA($)975,000        3.45%     7/10/2041         815,793       0.01%
     Ontario   Teachers'   Cadillac   Fairview   Properties    Trust         $745,000      3.88%     20/3/2027         814,748       0.01%
     Province   of Saskatchewan     Canada               CA($)985,000        2.55%      2/6/2026        811,978       0.01%
     Province   of Manitoba   Canada                CA($)955,000        3.00%      2/6/2028        811,264       0.01%
     Bank  of Nova  Scotia                  CA($)1,000,000         2.29%     28/6/2024         807,314       0.01%
     Province   of British  Columbia   Canada              CA($)960,000        3.30%     18/12/2023         792,090       0.01%
     Canadian   Natural   Resources    Ltd.                $600,000      6.50%     15/2/2037         790,875       0.01%
     Province   of Manitoba   Canada                  $800,000      1.50%     25/10/2028         789,985       0.01%
     Province   of Manitoba   Canada                CA($)855,000        3.40%      5/9/2048        789,101       0.01%
     Canadian   Western   Bank                CA($)1,000,000         1.93%     16/4/2026         783,917       0.01%
     Energir,   Inc.                     CA($)980,000        2.10%     16/4/2027         781,817       0.01%
     TransCanada     PipeLines   Ltd.                 $610,000      4.88%     15/5/2048         778,101       0.00%
     Royal  Bank  of Canada                   CA($)965,000        2.35%      2/7/2024        776,932       0.00%
     Canada   Housing   Trust  No 1               CA($)940,000        2.35%     15/3/2028         774,975       0.00%
     Royal  Bank  of Canada                   CA($)965,000        1.94%      1/5/2025        766,781       0.00%
     Toronto-Dominion      Bank                 CA($)960,000        1.94%     13/3/2025         763,927       0.00%
     407 International,     Inc.                 CA($)905,000        3.14%      6/3/2030        763,412       0.00%
     Royal  Bank  of Canada                    $750,000      1.95%     17/1/2023         760,350       0.00%
     Granite   Holdings   LP                  CA($)990,000        2.38%     18/12/2030         760,320       0.00%
     HSBC  Bank  Canada                     $750,000      0.95%     14/5/2023         751,765       0.00%
     Bank  of Montreal＾                      $700,000      3.80%     15/12/2032         749,570       0.00%
     Cenovus   Energy,   Inc.                   $600,000      5.40%     15/6/2047         746,771       0.00%
     Toronto-Dominion      Bank                   $750,000      0.45%     11/9/2023         745,020       0.00%
     University    of Toronto                   CA($)750,000        4.25%     7/12/2051         744,371       0.00%
     Ontario   Teachers'   Finance   Trust                $750,000      0.38%     29/9/2023         744,328       0.00%
     Canadian   Natural   Resources    Ltd.                $695,000      3.90%      1/2/2025        739,916       0.00%
     Toronto-Dominion      Bank                   $750,000      2.00%     10/9/2031         739,108       0.00%
                                 56/362


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     Bank  of Montreal                     CA($)870,000        3.19%      1/3/2028        736,825       0.00%
     Canadian   National   Railway   Co.               CA($)820,000        3.95%     22/9/2045         736,302       0.00%
     Fairfax  Financial   Holdings   Ltd.                $650,000      4.63%     29/4/2030         728,363       0.00%
     Province   of Ontario   Canada                 CA($)700,000        6.50%      8/3/2029        726,502       0.00%
     Province   of Nova  Scotia  Canada               CA($)910,000        2.00%      1/9/2030        721,553       0.00%
     Canadian   Imperial   Bank  of Commerce               CA($)905,000        2.00%     17/4/2025         720,352       0.00%
     Bank  of Nova  Scotia＾                   CA($)870,000        3.89%     18/1/2029         717,365       0.00%
     Ontario   Electricity    Financial   Corp.              CA($)703,000        8.25%     22/6/2026         713,603       0.00%
     Province   of Ontario   Canada                 CA($)880,000        2.55%     2/12/2052         712,482       0.00%
     Province   of British  Columbia   Canada              CA($)935,000        1.55%     18/6/2031         712,392       0.00%
     Ontario   Teachers'   Finance   Trust                $700,000      1.63%     12/9/2024         710,316       0.00%
     Bank  of Montreal                     CA($)870,000        2.70%     11/9/2024         710,194       0.00%
     Province   of Manitoba   Canada                CA($)845,000        2.75%      2/6/2029        709,220       0.00%
     Province   of Newfoundland     & Labrador   Canada           CA($)925,000        2.65%     17/10/2050         706,046       0.00%
     Province   of Newfoundland     & Labrador   Canada           CA($)820,000        3.30%     17/10/2046         701,922       0.00%
     Province   of Manitoba   Canada                CA($)865,000        2.55%      2/6/2023        699,578       0.00%
     Canadian   Government    Bond                CA($)700,000        9.00%      1/6/2025        699,142       0.00%
     Province   of New  Brunswick    Canada              CA($)800,000        3.05%     14/8/2050         697,761       0.00%
     Province   of Alberta   Canada                 CA($)785,000        3.50%      1/6/2031        697,491       0.00%
     Province   of Quebec   Canada                  $686,000      1.50%     11/2/2025         693,580       0.00%
     Canadian   Natural   Resources    Ltd.                $500,000      6.75%      1/2/2039        691,940       0.00%
     OMERS   Finance   Trust                   $700,000      1.10%     26/3/2026         691,677       0.00%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Ontario   Teachers'   Finance   Trust                $700,000      0.88%     21/9/2026         681,656       0.00%
     Greater   Toronto   Airports   Authority               CA($)875,000        2.75%     17/10/2039         681,105       0.00%
     Brookfield    Finance,   Inc.                   $600,000      4.35%     15/4/2030         676,263       0.00%
     Great-West    Lifeco,  Inc.                 CA($)893,000        2.98%      8/7/2050        675,827       0.00%
     Toronto-Dominion      Bank＾                  CA($)825,000        3.11%     22/4/2030         674,191       0.00%
     Province   of Saskatchewan     Canada               CA($)685,000        3.90%      2/6/2045        671,484       0.00%
     Province   of Alberta   Canada                 CA($)825,000        2.20%      1/6/2026        670,408       0.00%
     Province   of Manitoba   Canada                 CA($)800,000        2.85%      5/9/2046        669,341       0.00%
     Toronto-Dominion      Bank                  CA($)820,000        2.85%      8/3/2024        667,080       0.00%
     Province   of Saskatchewan     Canada               CA($)780,000        3.05%     2/12/2028         665,667       0.00%
     Province   of Ontario   Canada                 CA($)750,000        8.10%      8/9/2023        662,770       0.00%
     Pembina   Pipeline   Corp.                  CA($)805,000        3.31%      1/2/2030        654,535       0.00%
     CI Financial   Corp.                    CA($)785,000        3.76%     26/5/2025         654,132       0.00%
     Toronto-Dominion      Bank                  CA($)815,000        1.91%     18/7/2023         652,234       0.00%
     Province   of Nova  Scotia  Canada                CA($)615,000        4.70%      1/6/2041        651,461       0.00%
     Honda  Canada   Finance,   Inc.                CA($)850,000        1.65%     25/2/2028         650,738       0.00%
     Bank  of Montreal                       $650,000      2.50%     11/1/2022         650,286       0.00%
     Royal  Bank  of Canada                   CA($)800,000        2.95%      1/5/2023        648,441       0.00%
     Province   of Quebec   Canada                   $575,000      7.13%      9/2/2024        647,829       0.00%
     TransCanada     PipeLines   Ltd.                 $475,000      6.20%     15/10/2037         646,832       0.00%
     Province   of British  Columbia   Canada              CA($)760,000        2.75%     18/6/2052         646,577       0.00%
     Province   of British  Columbia   Canada              CA($)790,000        2.30%     18/6/2026         646,386       0.00%
     Bank  of Montreal                     CA($)795,000        2.89%     20/6/2023         644,998       0.00%
     Bank  of Nova  Scotia                   CA($)765,000        3.10%      2/2/2028        644,511       0.00%
     Emera  US Finance   LP                   $540,000      4.75%     15/6/2046         641,419       0.00%
     Hydro-Quebec                        CA($)600,000        6.00%     15/8/2031         639,026       0.00%
     Suncor  Energy,   Inc.                   CA($)800,000        3.95%      4/3/2051        637,466       0.00%
                                 57/362


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                                                有価証券報告書（内国投資信託受益証券）
     Royal  Bank  of Canada＾                   CA($)805,000        2.09%     30/6/2030         636,726       0.00%
     CU,  Inc.                      CA($)600,000        4.59%     24/10/2061         633,271       0.00%
     Brookfield    Renewable    Partners   ULC              CA($)755,000        3.38%     15/1/2030         633,262       0.00%
     Hydro  One,  Inc.                    CA($)810,000        2.23%     17/9/2031         632,957       0.00%
     H&R                        CA($)785,000        2.91%      2/6/2026        631,807       0.00%
     Province   of Newfoundland     & Labrador   Canada           CA($)755,000        2.85%      2/6/2028        631,307       0.00%
     South  Coast  British  Columbia   Transportation     Authority         CA($)820,000        1.60%      3/7/2030        626,719       0.00%
     407 International,     Inc.                  CA($)600,000        4.68%     7/10/2053         622,906       0.00%
     Canadian   Pacific  Railway   Co.                 $597,000      2.90%      1/2/2025        622,050       0.00%
     Enbridge,   Inc.                    CA($)755,000        3.20%      8/6/2027        621,348       0.00%
     Rogers  Communications,      Inc.               CA($)750,000        4.00%     13/3/2024         619,160       0.00%
     National   Bank  of Canada                    $610,000      2.10%      1/2/2023        618,126       0.00%
     Federation    des Caisses   Desjardins    du Quebec＾           CA($)790,000        1.99%     28/5/2031         616,314       0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada           CA($)720,000        3.80%     21/8/2028         616,080       0.00%
     Export  Development     Canada                  $600,000      2.75%     15/3/2023         615,419       0.00%
     Canadian   Imperial   Bank  of Commerce               CA($)735,000        3.30%     26/5/2025         614,097       0.00%
     Export  Development     Canada                  $600,000      2.50%     24/1/2023         612,507       0.00%
     Bank  of Nova  Scotia                   CA($)765,000        2.16%      3/2/2025        612,296       0.00%
     Rogers  Communications,      Inc.                 $525,000      4.35%      1/5/2049        610,203       0.00%
     City  of Montreal   Canada                  CA($)725,000        3.00%      1/9/2027        609,930       0.00%
     Royal  Bank  of Canada＾                   CA($)752,000        2.88%     23/12/2029         609,704       0.00%
     AltaLink   LP                     CA($)600,000        4.87%     15/11/2040         607,175       0.00%
     Brookfield    Infrastructure     Finance   ULC             CA($)735,000        3.41%     9/10/2029         606,115       0.00%
     Toronto-Dominion      Bank                   $600,000      0.75%     12/6/2023         600,078       0.00%
     Province   of British  Columbia   Canada              CA($)510,000        4.90%     18/6/2048         598,198       0.00%
     Bank  of Nova  Scotia                     $600,000      1.30%     11/6/2025         597,031       0.00%
     TransCanada     PipeLines   Ltd.                 $500,000      4.75%     15/5/2038         596,696       0.00%
     Toronto-Dominion      Bank                  CA($)765,000        1.89%      8/3/2028        596,074       0.00%
     Province   of Ontario   Canada                   $600,000      1.80%     14/10/2031         594,720       0.00%
     Canadian   Imperial   Bank  of Commerce                 $600,000      1.15%      8/7/2026        592,364       0.00%
     Royal  Bank  of Canada                     $600,000      1.05%     14/9/2026         587,915       0.00%
     TransCanada     PipeLines   Ltd.                CA($)695,000        3.80%      5/4/2027        587,605       0.00%
     OMERS   Realty  Corp.                   CA($)700,000        3.24%     4/10/2027         587,242       0.00%
     TransCanada     PipeLines   Ltd.                 $420,000      6.10%      1/6/2040        582,768       0.00%
     Province   of Saskatchewan     Canada               CA($)700,000        2.65%      2/6/2027        581,752       0.00%
     CDP  Financial,   Inc.                    $550,000      3.15%     24/7/2024         579,827       0.00%
     Enbridge,   Inc.                    CA($)700,000        4.24%     27/8/2042         578,504       0.00%
     Brookfield    Asset  Management,     Inc.               $538,000      4.00%     15/1/2025         575,894       0.00%
     Hydro  One,  Inc.                    CA($)700,000        2.77%     24/2/2026         575,461       0.00%
     Federation    des Caisses   Desjardins    du Quebec            EUR500,000       0.38%     30/5/2023         574,932       0.00%
     CPPIB  Capital,   Inc.                   EUR500,000       0.25%      6/4/2027        573,655       0.00%
     Choice   Properties                     CA($)685,000        3.53%     11/6/2029         573,138       0.00%
     TELUS   Corp.                     CA($)710,000        3.35%     15/3/2023         573,081       0.00%
     Royal  Bank  of Canada                    EUR500,000       0.13%     23/7/2024         570,651       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     PSP  Capital,   Inc.                   CA($)680,000        3.00%     5/11/2025         568,455       0.00%
     Canadian   Imperial   Bank  of Commerce               CA($)700,000        2.43%      9/6/2023        562,852       0.00%
     CPPIB  Capital,   Inc.                   GBP400,000       1.63%     22/10/2071         560,681       0.00%
     CPPIB  Capital,   Inc.                   EUR500,000       0.75%     15/7/2049         560,087       0.00%
     Bank  of Montreal                     CA($)695,000        2.37%      3/2/2025        559,629       0.00%
                                 58/362


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     Province   of Nova  Scotia  Canada               CA($)500,000        6.60%     1/12/2031         554,522       0.00%
     Bank  of Montreal                      $550,000      2.10%     15/6/2022         554,383       0.00%
     National   Bank  of Canada                  CA($)680,000        2.98%      4/3/2024        554,220       0.00%
     Province   of New  Brunswick    Canada              CA($)600,000        3.55%      3/6/2043        552,862       0.00%
     Province   of Alberta   Canada                 CA($)675,000        2.65%      1/9/2023        548,233       0.00%
     Canadian   Imperial   Bank  of Commerce               CA($)700,000        1.70%     15/7/2026         546,318       0.00%
     Bruce  Power  LP                   CA($)630,000        4.00%     21/6/2030         545,740       0.00%
     British  Columbia   Ferry  Services,   Inc.            CA($)700,000        2.79%     15/10/2049         542,550       0.00%
     TELUS   Corp.                     CA($)600,000        4.70%      6/3/2048        542,039       0.00%
     Rogers  Communications,      Inc.               CA($)665,000        3.25%      1/5/2029        541,718       0.00%
     Loblaw   Cos  Ltd.                   CA($)605,000        4.49%     11/12/2028         540,201       0.00%
     Toronto-Dominion      Bank＾                   $500,000      3.63%     15/9/2031         537,062       0.00%
     Enbridge   Gas,  Inc.                   CA($)650,000        2.81%      1/6/2026        533,414       0.00%
     Aeroports    de Montreal                   CA($)500,000        5.67%     16/10/2037         533,034       0.00%
     Province   of Nova  Scotia  Canada               CA($)700,000        1.10%      1/6/2028        531,581       0.00%
     Canadian   Imperial   Bank  of Commerce＾               CA($)655,000        2.95%     19/6/2029         531,030       0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada           CA($)600,000        4.45%     27/2/2047         530,539       0.00%
     Province   of Nova  Scotia  Canada               CA($)515,000        4.40%      1/6/2042        529,609       0.00%
     Shaw  Communications,      Inc.                CA($)500,000        6.75%     9/11/2039         528,495       0.00%
     TELUS   Corp.                     CA($)645,000        3.15%     19/2/2030         527,779       0.00%
     Canadian   Imperial   Bank  of Commerce＾               CA($)650,000        3.45%      4/4/2028        526,700       0.00%
     Bank  of Montreal                     CA($)655,000        2.28%     29/7/2024         526,425       0.00%
     Great-West    Lifeco,  Inc.                 CA($)620,000        3.34%     28/2/2028         522,793       0.00%
     Toronto-Dominion      Bank＾                 CA($)635,000        3.06%     26/1/2032         519,484       0.00%
     OMERS   Finance   Trust                   $500,000      2.50%      2/5/2024        517,089       0.00%
     Province   of Newfoundland     & Labrador   Canada           CA($)560,000        3.70%     17/10/2048         515,674       0.00%
     CPPIB  Capital,   Inc.                   EUR500,000       0.25%     18/1/2041         515,490       0.00%
     Antares   Holdings   LP                   $500,000      3.95%     15/7/2026         514,351       0.00%
     HSBC  Bank  Canada                   CA($)655,000        1.78%     20/5/2026         514,071       0.00%
     Bank  of Montreal＾                     CA($)650,000        2.08%     17/6/2030         513,596       0.00%
     Province   of Manitoba   Canada                CA($)500,000        4.40%      5/3/2042        513,324       0.00%
     Enbridge,   Inc.                    CA($)635,000        2.99%     3/10/2029         512,048       0.00%
     Province   of Manitoba   Canada                CA($)510,000        4.05%      5/9/2045        511,705       0.00%
     Province   of British  Columbia   Canada              CA($)600,000        2.95%     18/12/2028         511,319       0.00%
     Province   of Alberta   Canada                  $500,000      1.88%     13/11/2024         510,867       0.00%
     Enbridge,   Inc.                      $500,000      3.40%      1/8/2051        509,939       0.00%
     Canadian   Imperial   Bank  of Commerce               CA($)620,000        3.29%     15/1/2024         507,899       0.00%
     Sun Life Financial,   Inc.＾                 CA($)500,000        5.40%     29/5/2042         504,347       0.00%
     Cenovus   Energy,   Inc.                   $500,000      3.75%     15/2/2052         503,749       0.00%
     Province   of Nova  Scotia  Canada               CA($)560,000        3.15%     1/12/2051         502,786       0.00%
     Royal  Bank  of Canada                    $500,000      2.30%     3/11/2031         502,043       0.00%
     Municipal   Finance   Authority   of British  Columbia           CA($)620,000        2.15%      3/6/2024        500,446       0.00%
     Province   of Saskatchewan     Canada               CA($)620,000        2.20%      2/6/2030        499,764       0.00%
     Alimentation    Couche-Tard,     Inc.              CA($)600,000        3.60%      2/6/2025        499,172       0.00%
     Canada   Government    International    Bond              $490,000      1.63%     22/1/2025         498,445       0.00%
     Province   of Saskatchewan     Canada               CA($)500,000        5.75%      5/3/2029        498,348       0.00%
     OMERS   Realty  Corp.                  CA($)600,000        3.33%      5/6/2025        498,165       0.00%
     TransCanada     PipeLines   Ltd.                 $500,000      2.50%     12/10/2031         497,252       0.00%
     Enbridge,   Inc.                      $500,000      0.55%     4/10/2023         496,738       0.00%
     TransCanada     PipeLines   Ltd.                 $500,000      1.00%     12/10/2024         496,510       0.00%
     Bank  of Nova  Scotia                    $500,000      0.40%     15/9/2023         496,290       0.00%
     SmartCentres                       CA($)600,000        3.44%     28/8/2026         495,981       0.00%
                                 59/362

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     CT                       CA($)600,000        3.53%      9/6/2025        495,892       0.00%
     Canadian   Imperial   Bank  of Commerce                $500,000      1.00%     18/10/2024         495,488       0.00%
     Bank  of Montreal                      $500,000      0.45%     8/12/2023         495,191       0.00%
     Export  Development     Canada                 EUR430,000       0.25%      7/3/2026        495,046       0.00%
     Toronto-Dominion      Bank                   $500,000      0.55%      4/3/2024        494,597       0.00%
     Enbridge,   Inc.                      $500,000      1.60%     4/10/2026         493,617       0.00%
     Suncor  Energy,   Inc.                    $360,000      6.50%     15/6/2038         493,455       0.00%
     Royal  Bank  of Canada                    $500,000      1.20%     27/4/2026         491,518       0.00%
     Bank  of Nova  Scotia                    $500,000      1.30%     15/9/2026         491,135       0.00%
     Waste  Connections,     Inc.                  $500,000      2.20%     15/1/2032         490,413       0.00%
     Cenovus   Energy,   Inc.                   $500,000      2.65%     15/1/2032         489,683       0.00%
     CGI,  Inc.                       $500,000      1.45%     14/9/2026         489,369       0.00%
     Canadian   Imperial   Bank  of Commerce               CA($)600,000        2.97%     11/7/2023         487,754       0.00%
     City  of Toronto   Canada                  CA($)585,000        2.65%     9/11/2029         486,165       0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Canadian   Pacific  Railway   Co.                  $475,000      3.10%     2/12/2051         485,803      0.00%
     Canadian   Pacific  Railway   Co.                  $475,000      3.00%     2/12/2041         485,669      0.00%
     Bank  of Montreal＾                       $500,000      0.95%     22/1/2027         485,262      0.00%
     Canadian   Natural   Resources    Ltd.                $475,000      2.95%     15/1/2023         483,798      0.00%
     Bank  of Nova  Scotia                     $471,000      2.20%      3/2/2025        482,422      0.00%
     National   Bank  of Canada                   CA($)595,000        2.55%     12/7/2024         481,136      0.00%
     Ontario   Teachers'   Finance   Trust                 $500,000      1.25%     27/9/2030         476,081      0.00%
     Financement-Quebec                        CA($)455,000        5.25%      1/6/2034        473,407      0.00%
     Province   of New  Brunswick    Canada               CA($)470,000        4.65%     26/9/2035         470,316      0.00%
     Enbridge   Gas,  Inc.                   CA($)580,000        2.37%      9/8/2029        463,734      0.00%
     Province   of Saskatchewan     Canada                CA($)515,000        3.40%      3/2/2042        463,695      0.00%
     North  West  Redwater   Partnership/NWR      Financing   Co.,  Ltd.      CA($)500,000        4.75%      1/6/2037        462,550      0.00%
     Muskrat   Falls/Labrador     Transmission     Assets  Funding   Trust      CA($)450,000        3.86%     1/12/2048         461,758      0.00%
     Regional   Municipality    of Peel  Ontario               CA($)425,000        5.10%     29/6/2040         458,250      0.00%
     OMERS   Finance   Trust                   CA($)585,000        1.55%     21/4/2027         458,240      0.00%
     TransCanada     PipeLines   Ltd.                CA($)530,000        4.55%     15/11/2041         457,995      0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada            CA($)500,000        4.75%     29/9/2044         457,527      0.00%
     Fairfax  Financial   Holdings   Ltd.                CA($)530,000        4.70%     16/12/2026         456,771      0.00%
     TELUS   Corp.                      CA($)500,000        4.85%      5/4/2044        455,263      0.00%
     South  Coast  British  Columbia   Transportation     Authority         CA($)525,000        3.15%     16/11/2048         453,588      0.00%
     Federation    des Caisses   Desjardins    du Quebec            EUR400,000       0.05%     26/11/2027         453,564      0.00%
     Suncor  Energy,   Inc.                     $350,000      5.95%     1/12/2034         452,210      0.00%
     TELUS   Corp.                      CA($)570,000        2.35%     27/1/2028         449,890      0.00%
     Canadian   National   Railway   Co.               CA($)545,000        2.80%     22/9/2025         448,895      0.00%
     Province   of Newfoundland     & Labrador   Canada            CA($)535,000        2.85%      2/6/2029        447,746      0.00%
     Greater   Toronto   Airports   Authority                CA($)545,000        2.73%      3/4/2029        446,999      0.00%
     City  of Ottawa   Ontario                   CA($)575,000        2.50%     11/5/2051         444,416      0.00%
     Province   of Quebec   Canada                  CA($)550,000        2.45%      1/3/2023        443,687      0.00%
     Province   of Nova  Scotia  Canada                CA($)450,000        3.50%      2/6/2062        443,537      0.00%
     Nova  Scotia  Power,  Inc.                  CA($)545,000        3.31%     25/4/2050         443,015      0.00%
     City  of Montreal   Canada                   CA($)500,000        3.50%     1/12/2038         442,855      0.00%
     City  of Toronto   Canada                   CA($)540,000        2.40%      7/6/2027        442,422      0.00%
     Royal  Bank  of Canada                    CA($)500,000        4.93%     16/7/2025         440,422      0.00%
     Intact  Financial   Corp.                   CA($)580,000        1.93%     16/12/2030         440,295      0.00%
     Rio Tinto  Alcan,  Inc.                    $325,000      5.75%      1/6/2035        439,821      0.00%
                                 60/362


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     Toyota   Credit  Canada,   Inc.                 CA($)545,000        2.31%     23/10/2024         438,916      0.00%
     Toyota   Credit  Canada,   Inc.                 CA($)540,000        3.04%     12/7/2023         438,493      0.00%
     Suncor  Energy,   Inc.                   CA($)535,000        3.00%     14/9/2026         438,030      0.00%
     Toronto-Dominion      Bank＾                  CA($)500,000        4.86%      4/3/2031        437,555      0.00%
     Province   of Ontario   Canada                  CA($)545,000        1.95%     27/1/2023         436,930      0.00%
     Metro,  Inc.                      CA($)520,000        3.39%     6/12/2027         436,040      0.00%
     Province   of Newfoundland     & Labrador   Canada            CA($)565,000        1.75%      2/6/2030        434,576      0.00%
     FortisBC   Energy,   Inc.                  CA($)395,000        6.00%     2/10/2037         433,703      0.00%
     Choice   Properties                      CA($)500,000        4.18%      8/3/2028        432,586      0.00%
     NAV  Canada                       CA($)490,000        3.53%     23/2/2046         432,395      0.00%
     Pembina   Pipeline   Corp.                   CA($)505,000        4.02%     27/3/2028         429,640      0.00%
     SmartCentres                        CA($)520,000        3.53%     20/12/2029         429,075      0.00%
     Province   of Manitoba   Canada                 CA($)600,000        2.05%      5/9/2052        428,067      0.00%
     Province   of New  Brunswick    Canada               CA($)490,000        3.10%     14/8/2048         427,879      0.00%
     Enbridge   Gas,  Inc.                   CA($)500,000        3.51%     29/11/2047         425,229      0.00%
     Labrador-Island     Link  Funding   Trust              CA($)400,000        3.85%     1/12/2053         423,349      0.00%
     Toronto   Hydro  Corp.                   CA($)450,000        4.08%     16/9/2044         423,153      0.00%
     Canadian   Imperial   Bank  of Commerce               CA($)525,000        2.35%     28/8/2024         422,569      0.00%
     Suncor  Energy,   Inc.                   CA($)500,000        4.34%     13/9/2046         421,950      0.00%
     Thomson   Reuters   Corp.                    $300,000      5.85%     15/4/2040         421,698      0.00%
     Canadian   National   Railway   Co.                 $404,000      2.95%     21/11/2024         421,520      0.00%
     Brookfield    Renewable    Partners   ULC              CA($)500,000        3.63%     15/1/2027         421,172      0.00%
     Province   of Manitoba   Canada                 CA($)525,000        2.05%      2/6/2030        418,232      0.00%
     Export  Development     Canada                   $400,000      2.63%     21/2/2024         415,164      0.00%
     Cenovus   Energy,   Inc.                  CA($)500,000        3.60%     10/3/2027         414,965      0.00%
     Loblaw   Cos  Ltd.                    CA($)535,000        2.28%      7/5/2030        414,622      0.00%
     City  of Toronto   Canada                   CA($)500,000        3.90%     29/9/2023         414,594      0.00%
     Province   of Manitoba   Canada                 CA($)500,000        3.30%      2/6/2024        414,557      0.00%
     SSL  Finance,   Inc.                    CA($)481,989        4.10%     31/10/2045         412,798      0.00%
     TransCanada     PipeLines   Ltd.                CA($)500,000        4.18%      3/7/2048        412,133      0.00%
     Bank  of Montreal                      CA($)500,000        2.70%     9/12/2026         412,128      0.00%
     Honda  Canada   Finance,   Inc.                CA($)510,000        2.50%      4/6/2024        411,669      0.00%
     Pembina   Pipeline   Corp.                   CA($)500,000        3.54%      3/2/2025        411,625      0.00%
     Bank  of Nova  Scotia                    CA($)500,000        2.62%     2/12/2026         410,715      0.00%
     BCI  QuadReal   Realty                   CA($)535,000        1.07%      4/2/2026        410,172      0.00%
     First  Capital                       CA($)500,000        3.60%      6/5/2026        410,112      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Canadian   Imperial   Bank  of Commerce＾               CA($)520,000        2.01%     21/7/2030         409,567      0.00%
     Province   of Quebec   Canada                   $400,000      2.63%     13/2/2023         408,831      0.00%
     Toronto-Dominion      Bank                  CA($)500,000        3.01%     30/5/2023         406,011      0.00%
     Magna  International,     Inc.                   $400,000      2.45%     15/6/2030         405,728      0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada            CA($)501,000        2.90%     10/9/2029         405,280      0.00%
     Province   of Manitoba   Canada                 CA($)450,000        3.15%      5/9/2052        404,778      0.00%
     National   Bank  of Canada                   CA($)520,000        1.53%     15/6/2026         403,842      0.00%
     Emera,   Inc.                      CA($)500,000        2.90%     16/6/2023         403,556      0.00%
     National   Bank  of Canada＾                   CA($)500,000        3.18%      1/2/2028        403,003      0.00%
     Toronto-Dominion      Bank                    $400,000      1.15%     12/6/2025         396,943      0.00%
     Province   of Saskatchewan     Canada                CA($)395,000        3.75%      5/3/2054        396,322      0.00%
     Barrick   PD Australia   Finance   Pty Ltd.               $290,000      5.95%     15/10/2039         395,529      0.00%
     Nutrien   Ltd.                       $375,000      2.95%     13/5/2030         395,520      0.00%
                                 61/362


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     Alberta   Powerline   LP                  CA($)436,813        4.07%      1/3/2054        393,267      0.00%
     Central   1 Credit  Union                   CA($)485,000        2.58%     6/12/2023         391,476      0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada            CA($)500,000        2.50%     14/5/2030         390,304      0.00%
     EPCOR   Utilities,   Inc.                  CA($)335,000        6.65%     15/4/2038         389,406      0.00%
     Province   of Saskatchewan     Canada                CA($)370,000        4.75%      1/6/2040        389,257      0.00%
     Toronto-Dominion      Bank＾                  CA($)475,000        3.22%     25/7/2029         388,274      0.00%
     Cenovus   Energy,   Inc.                    $350,000      4.40%     15/4/2029         387,334      0.00%
     Shaw  Communications,      Inc.                CA($)465,000        4.35%     31/1/2024         385,269      0.00%
     City  of Montreal   Canada                   CA($)500,000        1.75%      1/9/2030        384,655      0.00%
     Enbridge   Gas,  Inc.                   CA($)440,000        3.65%      1/4/2050        384,518      0.00%
     Cenovus   Energy,   Inc.                    $350,000      4.25%     15/4/2027         381,946      0.00%
     CI Financial   Corp.                      $350,000      4.10%     15/6/2051         379,617      0.00%
     Hydro  One,  Inc.                    CA($)480,000        2.16%     28/2/2030         379,502      0.00%
     Lower  Mattagami    Energy   LP                CA($)360,000        4.94%     21/9/2043         376,917      0.00%
     TransCanada     PipeLines   Ltd.                  $300,000      5.60%     31/3/2034         376,017      0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada            CA($)460,000        2.90%     12/8/2026         374,856      0.00%
     City  of Montreal   Canada                   CA($)450,000        2.75%      1/9/2026        372,722      0.00%
     Royal  Office  Finance   LP                 CA($)386,224        5.21%     12/11/2032         372,614      0.00%
     Vancouver    Airport   Authority                  CA($)485,000        2.80%     21/9/2050         372,341      0.00%
     Thomson   Reuters   Corp.                    $350,000      3.35%     15/5/2026         372,323      0.00%
     Brookfield    Finance,   Inc.                   $300,000      4.70%     20/9/2047         369,018      0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada            CA($)485,000        3.50%     30/9/2050         368,991      0.00%
     Muskrat   Falls/Labrador     Transmission     Assets  Funding   Trust      CA($)385,000        3.83%      1/6/2037        367,105      0.00%
     Province   of New  Brunswick    Canada               CA($)350,000        4.80%     26/9/2039         366,852      0.00%
     North  West  Redwater   Partnership/NWR      Financing   Co.,  Ltd.      CA($)425,000        4.05%     22/7/2044         366,440      0.00%
     Ontario   Power  Generation,    Inc.               CA($)435,000        3.32%     4/10/2027         366,298      0.00%
     Province   of Saskatchewan     Canada                CA($)435,000        2.80%     2/12/2052         365,141      0.00%
     OPB  Finance   Trust                    CA($)450,000        2.90%     24/5/2023         364,843      0.00%
     Royal  Bank  of Canada＾                   CA($)450,000        2.74%     25/7/2029         363,469      0.00%
     Canadian   Pacific  Railway   Co.                  $265,000      5.95%     15/5/2037         363,313      0.00%
     Province   of Ontario   Canada                   $350,000      2.30%     15/6/2026         363,167      0.00%
     Regional   Municipality    of York                CA($)435,000        2.65%     18/4/2029         362,002      0.00%
     Brookfield    Asset  Management,     Inc.              CA($)430,000        5.04%      8/3/2024        361,825      0.00%
     CDP  Financial,   Inc.                     $360,000      1.00%     17/4/2023         361,589      0.00%
     CU,  Inc.                       CA($)390,000        4.09%      2/9/2044        360,554      0.00%
     IGM  Financial,   Inc.                   CA($)400,000        4.12%     9/12/2047         358,814      0.00%
     ENMAX   Corp.                     CA($)420,000        3.88%     18/10/2029         355,988      0.00%
     TELUS   Corp.                      CA($)430,000        4.10%      5/4/2051        355,899      0.00%
     Royal  Bank  of Canada                   CA($)460,000        1.83%     31/7/2028         355,815      0.00%
     TransCanada     PipeLines   Ltd.                CA($)420,000        4.34%     15/10/2049         355,489      0.00%
     AltaLink   LP                     CA($)340,000        4.92%     17/9/2043         353,599      0.00%
     PSP  Capital   Inc                    CA($)425,000        3.29%      4/4/2024        351,658      0.00%
     Rogers  Communications,      Inc.                CA($)350,000        6.11%     25/8/2040         351,568      0.00%
     Fairfax  Financial   Holdings   Ltd.               CA($)425,000        3.95%      3/3/2031        350,204      0.00%
     Enbridge   Pipelines,   Inc.                  CA($)400,000        4.55%     29/9/2045         349,670      0.00%
     Province   of Quebec   Canada                   $250,000      7.50%     15/9/2029         349,577      0.00%
     Cenovus   Energy,   Inc.                  CA($)422,000        3.50%      7/2/2028        348,686      0.00%
     First  Capital                      CA($)430,000        3.45%      1/3/2028        347,733      0.00%
     CPPIB  Capital,   Inc.                   CA($)435,000        1.95%     30/9/2029         347,283      0.00%
     Metro,  Inc.                      CA($)390,000        4.27%     4/12/2047         346,658      0.00%
     Province   of Manitoba   Canada                 CA($)420,000        2.55%      2/6/2026        346,246      0.00%
     Enbridge   Gas,  Inc.                   CA($)400,000        3.59%     22/11/2047         344,672      0.00%
                                 62/362

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     TELUS   Corp.                      CA($)425,000        2.75%      8/7/2026        344,483      0.00%
     Waste  Connections,     Inc.                   $350,000      2.95%     15/1/2052         344,247      0.00%
     Municipal   Finance   Authority   of British  Columbia           CA($)425,000        2.30%     15/4/2031         343,369      0.00%
     Enbridge   Gas,  Inc.                   CA($)415,000        2.90%      1/4/2030        342,477      0.00%
     Magna  International,     Inc.                   $325,000      3.63%     15/6/2024         342,284      0.00%
     Toronto-Dominion      Bank                    $350,000      0.75%     11/9/2025         341,022      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     City  of Montreal   Canada                   CA($)400,000        3.15%      1/9/2028        340,952      0.00%
     Barrick   North  America   Finance   LLC               $250,000      5.70%     30/5/2041         339,286      0.00%
     Royal  Bank  of Canada                    CA($)420,000        2.33%     5/12/2023         338,965      0.00%
     Enbridge,   Inc.                       $250,000      5.50%     1/12/2046         338,925      0.00%
     Westcoast    Energy,   Inc.                  CA($)400,000        3.77%     8/12/2025         336,380      0.00%
     Enbridge,   Inc.                       $320,000      3.13%     15/11/2029         335,798      0.00%
     TELUS   Corp.                      CA($)400,000        3.75%     17/1/2025         332,673      0.00%
     CU,  Inc.                       CA($)375,000        3.81%     10/9/2042         332,055      0.00%
     Province   of Saskatchewan     Canada                CA($)400,000        3.20%      3/6/2024        330,930      0.00%
     Province   of New  Brunswick    Canada               CA($)310,000        4.80%      3/6/2041        330,393      0.00%
     Province   of New  Brunswick    Canada               CA($)335,000        5.65%     27/12/2028         329,892      0.00%
     Great-West    Lifeco,  Inc.                  CA($)300,000        6.00%     16/11/2039         329,117      0.00%
     City  of Toronto   Canada                   CA($)395,000        2.90%     29/4/2051         329,101      0.00%
     Hydro  One,  Inc.                    CA($)300,000        6.93%      1/6/2032        328,976      0.00%
     Province   of British  Columbia   Canada               CA($)300,000        6.35%     18/6/2031         327,457      0.00%
     Allied  Properties                      CA($)400,000        3.39%     15/8/2029         327,143      0.00%
     Royal  Bank  of Canada＾                    CA($)430,000        1.67%     28/1/2033         325,594      0.00%
     CPPIB  Capital,   Inc.                   CA($)380,000        3.00%     15/6/2028         324,401      0.00%
     Province   of Prince  Edward   Island  Canada             CA($)405,000        2.65%     1/12/2051         324,316      0.00%
     FortisAlberta,     Inc.                   CA($)300,000        6.22%     31/10/2034         323,795      0.00%
     Canadian   Imperial   Bank  of Commerce                 $325,000      0.45%     22/6/2023         322,772      0.00%
     Province   of Newfoundland     & Labrador   Canada            CA($)300,000        5.70%     17/10/2035         321,519      0.00%
     407 International,     Inc.                  CA($)365,000        3.67%      8/3/2049        321,202      0.00%
     Enbridge,   Inc.                     CA($)395,000        4.10%     21/9/2051         319,516      0.00%
     Suncor  Energy,   Inc.                     $285,000      4.00%     15/11/2047         319,257      0.00%
     Greater   Toronto   Airports   Authority                CA($)300,000        5.30%     25/2/2041         318,493      0.00%
     Province   of British  Columbia   Canada                $325,000      0.90%     20/7/2026         318,272      0.00%
     Canadian   Imperial   Bank  of Commerce                 $325,000      1.25%     22/6/2026         316,991      0.00%
     Teranet   Holdings   LP                  CA($)325,000        5.75%     17/12/2040         315,262      0.00%
     Province   of Quebec   Canada                   $300,000      2.88%     16/10/2024         315,106      0.00%
     Bank  of Montreal                       $300,000      3.30%      5/2/2024        313,726      0.00%
     Hydro  One,  Inc.                    CA($)420,000        2.71%     28/2/2050         313,217      0.00%
     Regional   Municipality    of York                CA($)380,000        2.50%      2/6/2026        312,249      0.00%
     Bank  of Montreal＾                      CA($)385,000        2.88%     17/9/2029         311,829      0.00%
     407 International,     Inc.                  CA($)410,000        2.84%      7/3/2050        311,396      0.00%
     Province   of Quebec   Canada                   $300,000      2.50%      9/4/2024        310,731      0.00%
     Bank  of Montreal                       $300,000      2.50%     28/6/2024         309,567      0.00%
     Province   of Nova  Scotia  Canada                CA($)300,000        4.90%      1/6/2035        306,960      0.00%
     Canadian   Pacific  Railway   Co.                  $300,000      2.45%     2/12/2031         305,330      0.00%
     Canadian   Natural   Resources    Ltd.                $300,000      2.05%     15/7/2025         303,188      0.00%
     Pembina   Pipeline   Corp.                  CA($)350,000        4.75%     26/3/2048         302,121      0.00%
     Canadian   Tire  Corp.,  Ltd.                 CA($)300,000        6.57%     24/2/2034         301,444      0.00%
     Canadian   Pacific  Railway   Co.                  $300,000      1.75%     2/12/2026         301,340      0.00%
                                 63/362


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     H&R                        CA($)370,000        3.37%     30/1/2024         301,056      0.00%
     Hydro  One,  Inc.                    CA($)340,000        3.63%     25/6/2049         300,386      0.00%
     Canadian   Pacific  Railway   Co.                  $300,000      1.35%     2/12/2024         300,357      0.00%
     Federation    des Caisses   Desjardins    du Quebec＾            CA($)370,000        2.86%     26/5/2030         299,375      0.00%
     Federation    des Caisses   Desjardins    du Quebec            CA($)370,000        2.42%     4/10/2024         298,177      0.00%
     Canadian   Natural   Resources    Ltd.                $225,000      6.25%     15/3/2038         296,183      0.00%
     Brookfield    Renewable    Partners   ULC              CA($)355,000        3.75%      2/6/2025        296,152      0.00%
     Ontario   Electricity    Financial   Corp.               CA($)300,000        9.00%     26/5/2025         295,769      0.00%
     City  of Winnipeg   Canada                   CA($)282,000        4.30%     15/11/2051         295,398      0.00%
     Municipal   Finance   Authority   of British  Columbia           CA($)345,000        3.05%     23/10/2028         294,219      0.00%
     TELUS   Corp.                      CA($)350,000        3.75%     10/3/2026         293,975      0.00%
     Province   of Quebec   Canada                   $300,000      1.35%     28/5/2030         291,101      0.00%
     CU,  Inc.                       CA($)300,000        4.54%     24/10/2041         291,002      0.00%
     AltaGas   Ltd.                     CA($)380,000        2.08%     30/5/2028         290,141      0.00%
     Manulife   Finance   Delaware   LP＾               CA($)300,000        5.06%     15/12/2041         289,702      0.00%
     Brookfield    Finance,   Inc.                   $250,000      4.85%     29/3/2029         288,177      0.00%
     OMERS   Finance   Trust                   CA($)345,000        2.60%     14/5/2029         284,913      0.00%
     City  of Montreal   Canada                   CA($)300,000        4.10%     1/12/2034         281,365      0.00%
     Labrador-Island     Link  Funding   Trust              CA($)300,000        3.76%      1/6/2033        277,233      0.00%
     Aeroports    de Montreal                    CA($)350,000        3.03%     21/4/2050         277,120      0.00%
     North  West  Redwater   Partnership/NWR      Financing   Co.,  Ltd.      CA($)335,000        3.75%      1/6/2051        276,722      0.00%
     Regional   Municipality    of York                CA($)300,000        4.00%     31/5/2032         276,637      0.00%
     Shaw  Communications,      Inc.                 CA($)340,000        3.30%     10/12/2029         276,084      0.00%
     Province   of Nova  Scotia  Canada                CA($)300,000        3.45%      1/6/2045        275,943      0.00%
     AltaLink   LP                     CA($)300,000        3.99%     30/6/2042         275,125      0.00%
     Bank  of Nova  Scotia                    CA($)340,000        2.49%     23/9/2024         274,637      0.00%
     City  of Montreal   Canada                   CA($)340,000        2.30%      1/9/2029        274,513      0.00%
     TELUS   Corp.                      CA($)340,000        3.95%     16/2/2050         274,182      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     City  of Toronto   Canada                  CA($)335,000        2.80%     22/11/2049         272,380       0.00%
     ARC  Resources    Ltd.                  CA($)335,000        3.47%     10/3/2031         271,798       0.00%
     Northwestern     Hydro  Acquisition    Co. III LP          CA($)313,000        3.94%     31/12/2038         270,733       0.00%
     Air Canada   2015-1  Class  A Pass  Through   Trust           $273,219      3.60%     15/3/2027         270,457       0.00%
     Royal  Bank  of Canada                   GBP200,000       1.38%     9/12/2024         270,129       0.00%
     Shaw  Communications,      Inc.                CA($)345,000        2.90%     9/12/2030         269,709       0.00%
     Nutrien   Ltd.                      $200,000      5.88%     1/12/2036         269,216       0.00%
     Muskrat   Falls/Labrador     Transmission     Assets  Funding   Trust      CA($)300,000        3.63%      1/6/2029        267,546       0.00%
     Cenovus   Energy,   Inc.                   $225,000      5.25%     15/6/2037         266,739       0.00%
     Manulife   Bank  of Canada                  CA($)330,000        2.84%     12/1/2023         266,048       0.00%
     Bruce  Power  LP                   CA($)300,000        4.13%     21/6/2033         262,401       0.00%
     Suncor  Energy,   Inc.                    $250,000      3.10%     15/5/2025         261,622       0.00%
     Canadian   Imperial   Bank  of Commerce                $250,000      3.50%     13/9/2023         261,362       0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada           CA($)310,000        3.60%     29/9/2027         261,106       0.00%
     Nutrien   Ltd.                      $250,000      3.00%      1/4/2025        260,681       0.00%
     Bruce  Power  LP                   CA($)300,000        4.01%     21/6/2029         260,322       0.00%
     Pembina   Pipeline   Corp.                  CA($)300,000        4.81%     25/3/2044         260,128       0.00%
     Nouvelle   Autoroute    30 Financement,     Inc.           CA($)299,715        4.11%     31/3/2042         259,755       0.00%
     Toronto-Dominion      Bank                   $250,000      2.65%     12/6/2024         259,273       0.00%
     Canadian   Pacific  Railway   Co.               CA($)310,000        3.15%     13/3/2029         257,649       0.00%
     City  of Toronto   Canada                  CA($)350,000        2.15%     25/8/2040         257,530       0.00%
                                 64/362


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     British  Columbia   Ferry  Services,   Inc.            CA($)253,000        4.70%     23/10/2043         257,262       0.00%
     CI Financial   Corp.                     $250,000      3.20%     17/12/2030         256,958       0.00%
     Lower  Mattagami    Energy   LP               CA($)320,000        2.43%     14/5/2031         256,812       0.00%
     Bruce  Power  LP                   CA($)315,000        3.00%     21/6/2024         256,418       0.00%
     Federation    des Caisses   Desjardins    du Quebec             $250,000      2.05%     10/2/2025         253,268       0.00%
     Province   of Newfoundland     & Labrador   Canada           CA($)300,000        3.15%     2/12/2052         253,190       0.00%
     Nutrien   Ltd.                      $250,000      1.90%     13/5/2023         253,177       0.00%
     407 International,     Inc.                 CA($)250,000        5.75%     14/2/2036         253,113       0.00%
     Reliance   LP                    CA($)320,000        2.67%      1/8/2028        252,556       0.00%
     Canadian   Imperial   Bank  of Commerce                $250,000      0.95%     23/6/2023         250,200       0.00%
     Toronto-Dominion      Bank                   $250,000      0.25%      6/1/2023        249,234       0.00%
     55 Ontario   School  Board  Trust               CA($)235,000        5.90%      2/6/2033        248,502       0.00%
     Dollarama,    Inc.                    CA($)315,000        2.44%      9/7/2029        248,435       0.00%
     AIMCo   Realty  Investors   LP               CA($)295,000        3.37%      1/6/2027        248,152       0.00%
     Ontario   Power  Generation,    Inc.              CA($)295,000        3.22%      8/4/2030        247,627       0.00%
     National   Bank  of Canada＾                   $250,000      0.55%     15/11/2024         247,195       0.00%
     Royal  Bank  of Canada                    $250,000      0.43%     19/1/2024         246,985       0.00%
     Hydro  One,  Inc.                   CA($)250,000        4.59%     9/10/2043         246,897       0.00%
     Federation    des Caisses   Desjardins    du Quebec             $250,000      1.20%     14/10/2026         246,144       0.00%
     Canada   Housing   Trust  No 1               CA($)300,000        2.25%     15/12/2025         244,744       0.00%
     Province   of Manitoba   Canada                CA($)250,000        3.45%      5/3/2063        244,627       0.00%
     RioCan                       CA($)300,000        3.29%     12/2/2024         244,417       0.00%
     OMERS   Realty  Corp.                  CA($)300,000        3.36%      5/6/2023        244,322       0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada             $200,000      4.30%     29/7/2049         243,309       0.00%
     Toronto-Dominion      Bank                   $250,000      0.75%      6/1/2026        242,509       0.00%
     Bank  of Montreal＾                      $230,000      4.34%     5/10/2028         241,533       0.00%
     Toronto-Dominion      Bank                 CA($)291,000        3.23%     24/7/2024         240,376       0.00%
     Allied  Properties                     CA($)295,000        3.11%      8/4/2027        240,273       0.00%
     Saputo,   Inc.                     CA($)305,000        2.24%     16/6/2027         239,885       0.00%
     Canadian   Western   Bank                 CA($)295,000        2.60%      6/9/2024        237,975       0.00%
     North  West  Redwater   Partnership/NWR      Financing   Co.,  Ltd.     CA($)270,000        4.25%      1/6/2029        237,959       0.00%
     Dream  Industrial                     CA($)305,000        2.06%     17/6/2027         237,794       0.00%
     Nova  Scotia  Power,  Inc.                 CA($)230,000        5.67%     14/11/2035         235,949       0.00%
     Fair  Hydro  Trust                    CA($)275,000        3.36%     15/5/2033         235,834       0.00%
     Plenary   Properties    LTAP  LP               CA($)222,970        6.29%     31/1/2044         235,522       0.00%
     Nutrien   Ltd.                      $175,000      5.00%      1/4/2049        235,349       0.00%
     CU,  Inc.                      CA($)255,000        3.95%     23/11/2048         235,128       0.00%
     Enbridge   Pipelines,   Inc.                 CA($)275,000        4.33%     22/2/2049         234,348       0.00%
     Fairfax  Financial   Holdings   Ltd.                $210,000      4.85%     17/4/2028         234,294       0.00%
     Scotiabank    Capital   Trust＾                 CA($)217,000        5.65%     31/12/2056         233,935       0.00%
     Crombie                       CA($)275,000        4.80%     31/1/2025         233,656       0.00%
     Brookfield    Finance   LLC                   $225,000      3.45%     15/4/2050         233,103       0.00%
     Toronto-Dominion      Bank                 CA($)300,000        1.90%     11/9/2028         232,716       0.00%
     Province   of New  Brunswick    Canada              CA($)240,000        3.80%     14/8/2045         231,546       0.00%
     Pembina   Pipeline   Corp.                  CA($)270,000        4.67%     28/5/2050         231,309       0.00%
     TransCanada     PipeLines   Ltd.                 $185,000      5.00%     16/10/2043         231,198       0.00%
     Province   of Newfoundland     & Labrador   Canada           CA($)230,000        4.65%     17/10/2040         230,936       0.00%
     Cenovus   Energy,   Inc.                   $208,000      5.38%     15/7/2025         230,040       0.00%
     Ontario   Power  Generation,    Inc.              CA($)260,000        3.84%     22/6/2048         228,456       0.00%
     Bank  of Nova  Scotia                    $225,000      1.95%      1/2/2023        228,005       0.00%
                                 65/362


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                                                 公正価格      純資産総額
                              元本       利率      償還日
                                                 （米ドル）       比率
     Canadian   Pacific  Railway   Co.                CA($)200,000        6.45%     17/11/2039         226,409      0.00%
     Enbridge,   Inc.                     CA($)290,000        3.10%     21/9/2033         226,350      0.00%
     Canadian   Pacific  Railway   Co.                  $175,000      4.80%      1/8/2045        224,812      0.00%
     TransCanada     PipeLines   Ltd.                  $200,000      4.25%     15/5/2028         223,353      0.00%
     Province   of Ontario   Canada                  CA($)250,000        7.50%      7/2/2024        223,332      0.00%
     Province   of Alberta   Canada                  CA($)270,000        3.40%     1/12/2023         222,832      0.00%
     Pembina   Pipeline   Corp.                  CA($)265,000        4.54%      3/4/2049        222,132      0.00%
     City  of Montreal   Canada                   CA($)285,000        2.00%      1/9/2031        221,791      0.00%
     City  of Toronto   Canada                   CA($)250,000        3.50%      2/6/2036        221,742      0.00%
     FortisBC   Energy,   Inc.                  CA($)200,000        6.05%     15/2/2038         221,065      0.00%
     Greater   Toronto   Airports   Authority                CA($)200,000        6.98%     15/10/2032         220,827      0.00%
     Province   of Quebec   Canada                   $200,000      7.50%     15/7/2023         220,240      0.00%
     Brookfield    Finance,   Inc.                   $200,000      3.90%     25/1/2028         219,573      0.00%
     Saputo,   Inc.                      CA($)280,000        2.30%     22/6/2028         218,926      0.00%
     FortisAlberta,     Inc.                   CA($)300,000        2.63%      8/6/2051        218,306      0.00%
     Enbridge   Pipelines,   Inc.                  CA($)260,000        4.20%     12/5/2051         217,216      0.00%
     Dollarama,    Inc.                     CA($)265,000        3.55%     6/11/2023         217,090      0.00%
     Suncor  Energy,   Inc.                     $200,000      3.75%      4/3/2051        216,758      0.00%
     407 International,     Inc.                  CA($)250,000        3.60%     21/5/2047         216,526      0.00%
     Rogers  Communications,      Inc.                  $175,000      5.00%     15/3/2044         215,719      0.00%
     TELUS   Corp.                       $175,000      4.30%     15/6/2049         215,653      0.00%
     TransCanada     PipeLines   Ltd.                CA($)255,000        4.33%     16/9/2047         215,119      0.00%
     Canadian   Natural   Resources    Ltd.                $200,000      3.85%      1/6/2027        215,033      0.00%
     Province   of Nova  Scotia  Canada                CA($)200,000        5.80%      1/6/2033        214,866      0.00%
     Alectra,   Inc.                     CA($)200,000        5.30%     29/4/2041         214,139      0.00%
     Alimentation    Couche-Tard,     Inc.                 $200,000      3.55%     26/7/2027         214,127      0.00%
     Rogers  Communications,      Inc.                  $185,000      4.50%     15/3/2043         212,762      0.00%
     Alimentation    Couche-Tard,     Inc.                 $205,000      2.95%     25/1/2030         212,520      0.00%
     Rogers  Communications,      Inc.                CA($)200,000        6.68%     4/11/2039         211,828      0.00%
     Brookfield    Finance,   Inc.                   $200,000      4.00%      1/4/2024        211,239      0.00%
     Alimentation    Couche-Tard,     Inc.                 $195,000      3.80%     25/1/2050         210,742      0.00%
     Manulife   Financial   Corp.                    $150,000      5.38%      4/3/2046        210,677      0.00%
     Thomson   Reuters   Corp.                    $200,000      4.30%     23/11/2023         210,360      0.00%
     Bank  of Nova  Scotia                     $200,000      3.40%     11/2/2024         209,696      0.00%
     Canadian   National   Railway   Co.                 $200,000      2.75%      1/3/2026        209,508      0.00%
     Province   of Ontario   Canada                   $200,000      2.50%     27/4/2026         209,192      0.00%
     Province   of New  Brunswick    Canada               CA($)250,000        3.65%      3/6/2024        208,897      0.00%
     Choice   Properties                      CA($)260,000        2.98%      4/3/2030        207,663      0.00%
     Canadian   Western   Bank                  CA($)270,000        1.82%     16/12/2027         206,916      0.00%
     Hydro  One,  Inc.                    CA($)200,000        5.36%     20/5/2036         205,872      0.00%
     Canada   Post  Corp.                    CA($)200,000        4.36%     16/7/2040         205,707      0.00%
     TELUS   Corp.                       $195,000      2.80%     16/2/2027         202,899      0.00%
     Metro,  Inc.                      CA($)200,000        5.97%     15/10/2035         202,879      0.00%
     OPB  Finance   Trust                    CA($)215,000        3.89%      4/7/2042        202,753      0.00%
     Enbridge,   Inc.                       $180,000      4.00%     15/11/2049         202,274      0.00%
     Brookfield    Finance,   Inc.                   $200,000      2.72%     15/4/2031         201,921      0.00%
     Brookfield    Infrastructure     Finance   ULC             CA($)260,000        2.86%      1/9/2032        201,594      0.00%
     Province   of New  Brunswick    Canada                 $180,000      3.63%     24/2/2028         201,462      0.00%
     Brookfield    Asset  Management,     Inc.              CA($)200,000        5.95%     14/6/2035         201,398      0.00%
     Labrador-Island     Link  Funding   Trust              CA($)200,000        3.86%     1/12/2045         201,059      0.00%
                                 66/362


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     Province   of New  Brunswick    Canada               CA($)200,000        4.55%     26/3/2037         200,556      0.00%
     Saputo,   Inc.                      CA($)245,000        2.88%     19/11/2024         199,041      0.00%
     Province   of Manitoba   Canada                 CA($)200,000        4.10%      5/3/2041        196,544      0.00%
     Province   of British  Columbia   Canada               CA($)180,000        5.40%     18/6/2035         194,607      0.00%
     Enbridge,   Inc.                       $180,000      3.70%     15/7/2027         194,488      0.00%
     Suncor  Energy,   Inc.                     $150,000      5.95%     15/5/2035         193,999      0.00%
     Nutrien   Ltd.                       $143,000      5.25%     15/1/2045         192,115      0.00%
     Power  Corp.  of Canada                   CA($)200,000        4.46%     27/7/2048         191,305      0.00%
     Manulife   Financial   Corp.＾                    $175,000      4.06%     24/2/2032         188,538      0.00%
     Hydro  One,  Inc.                    CA($)200,000        4.17%      6/6/2044        187,951      0.00%
     North  West  Redwater   Partnership/NWR      Financing   Co.,  Ltd.      CA($)210,000        4.35%     10/1/2039         187,938      0.00%
     Summit   Industrial   Income                  CA($)240,000        2.44%     14/7/2028         187,896      0.00%
     Allied  Properties                      CA($)235,000        3.12%     21/2/2030         187,734      0.00%
     City  of Montreal   Canada                   CA($)200,000        4.25%     1/12/2032         187,388      0.00%
     Reliance   LP                     CA($)225,000        3.75%     15/3/2026         187,328      0.00%
     First  Nations   Finance   Authority                 CA($)220,000        3.05%      1/6/2028        187,315      0.00%
     CU,  Inc.                       CA($)210,000        3.76%     19/11/2046         186,797      0.00%
     Canadian   Natural   Resources    Ltd.               CA($)225,000        3.42%     1/12/2026         186,326      0.00%
     Enbridge   Gas,  Inc.                   CA($)200,000        4.20%      2/6/2044        186,249      0.00%
     bcIMC  Realty  Corp.                    CA($)224,000        2.84%      3/6/2025        183,137      0.00%
     City  of Montreal   Canada                   CA($)150,000        6.00%      1/6/2043        183,054      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Pembina   Pipeline   Corp.                  CA($)225,000        2.99%     22/1/2024         182,023      0.00%
     Suncor  Energy,   Inc.                     $150,000      5.35%     15/7/2033         181,652      0.00%
     Fairfax  Financial   Holdings   Ltd.                 $175,000      3.38%      3/3/2031        180,268      0.00%
     Hydro  One,  Inc.                    CA($)200,000        3.72%     18/11/2047         178,570      0.00%
     North  West  Redwater   Partnership/NWR      Financing   Co.,  Ltd.      CA($)200,000        4.15%      1/6/2033        174,294      0.00%
     Hydro-Quebec                        CA($)150,000        6.50%     16/1/2035         173,654      0.00%
     Cogeco   Communications,      Inc.                CA($)220,000        2.99%     22/9/2031         173,043      0.00%
     Maritime   Link  Financing   Trust                CA($)190,769        3.50%     1/12/2052         172,649      0.00%
     CU,  Inc.                       CA($)220,000        2.96%      7/9/2049        171,843      0.00%
     Municipal   Finance   Authority   of British  Columbia           CA($)210,000        2.80%     3/12/2023         171,497      0.00%
     North  West  Redwater   Partnership/NWR      Financing   Co.,  Ltd.      CA($)210,000        2.80%      1/6/2027        170,438      0.00%
     TMX  Group  Ltd.                    CA($)208,000        3.00%     11/12/2024         170,164      0.00%
     Rogers  Communications,      Inc.                CA($)160,000        6.56%     22/3/2041         169,044      0.00%
     Rio Tinto  Alcan,  Inc.                    $120,000      7.25%     15/3/2031         167,208      0.00%
     City  of Montreal   Canada                   CA($)220,000        2.40%     1/12/2041         167,122      0.00%
     AIMCo   Realty  Investors   LP                CA($)205,000        2.71%      1/6/2029        166,708      0.00%
     Loblaw   Cos  Ltd.                    CA($)200,000        4.86%     12/9/2023         166,019      0.00%
     TCHC  Issuer  Trust                    CA($)165,000        4.88%     11/5/2037         165,322      0.00%
     Ontario   Power  Generation,    Inc.               CA($)220,000        2.95%     21/2/2051         165,298      0.00%
     AltaLink   LP                     CA($)200,000        3.67%     6/11/2023         165,146      0.00%
     City  of Toronto   Canada                   CA($)165,000        4.15%     10/3/2044         163,676      0.00%
     HSBC  Bank  Canada                    CA($)200,000        3.25%     15/9/2023         163,229      0.00%
     Manulife   Financial   Corp.＾                  CA($)200,000        3.05%     20/8/2029         163,130      0.00%
     Hydro  One,  Inc.                    CA($)175,000        3.79%     31/7/2062         161,175      0.00%
     RioCan                        CA($)200,000        2.58%     12/2/2025         160,636      0.00%
     Capital   City  Link  General   Partnership                CA($)182,292        4.39%     31/3/2046         159,808      0.00%
     Enbridge,   Inc.                       $155,000      2.50%     15/1/2025         159,579      0.00%
     Nova  Scotia  Power,  Inc.                  CA($)150,000        5.61%     15/6/2040         159,549      0.00%
                                 67/362


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     Canadian   Natural   Resources    Ltd.               CA($)200,000        2.50%     17/1/2028         158,161      0.00%
     Enbridge   Gas,  Inc.                   CA($)195,000        3.20%     15/9/2051         157,661      0.00%
     First  Capital                      CA($)190,000        3.75%     12/7/2027         156,542      0.00%
     TransCanada     PipeLines   Ltd.                  $150,000      3.75%     16/10/2023         156,254      0.00%
     Newfoundland     & Labrador   Hydro                CA($)175,000        3.60%     1/12/2045         156,176      0.00%
     Province   of British  Columbia   Canada               CA($)150,000        4.70%     18/6/2037         155,281      0.00%
     Algonquin    Power  Co.                   CA($)171,000        4.60%     29/1/2029         153,834      0.00%
     Suncor  Energy,   Inc.                     $150,000      2.80%     15/5/2023         153,529      0.00%
     FortisBC   Energy,   Inc.                  CA($)210,000        2.54%     13/7/2050         152,937      0.00%
     Rogers  Communications,      Inc.                  $150,000      3.00%     15/3/2023         152,837      0.00%
     Province   of Manitoba   Canada                 CA($)150,000        4.60%      5/3/2038        152,625      0.00%
     Rogers  Communications,      Inc.                  $100,000      7.50%     15/8/2038         151,060      0.00%
     Municipal   Finance   Authority   of British  Columbia           CA($)190,000        2.50%     27/9/2041         149,658      0.00%
     Crosslinx   Transit   Solutions   GP               CA($)172,000        4.65%     30/9/2046         149,314      0.00%
     City  of Toronto   Canada                   CA($)170,000        3.25%     24/6/2046         148,787      0.00%
     Province   of Newfoundland     & Labrador   Canada            CA($)150,000        6.15%     17/4/2028         147,932      0.00%
     Northwestern     Hydro  Acquisition    Co. II LP           CA($)173,000        3.88%     31/12/2036         147,914      0.00%
     Hydro-Quebec                          $100,000      8.50%     1/12/2029         147,584      0.00%
     Bank  of Nova  Scotia                     $130,000      4.50%     16/12/2025         143,086      0.00%
     CU,  Inc.                       CA($)175,000        3.17%      5/9/2051        142,147      0.00%
     407 International,     Inc.                  CA($)160,000        3.72%     11/5/2048         141,832      0.00%
     Shaw  Communications,      Inc.                 CA($)175,000        4.25%     9/12/2049         141,677      0.00%
     Ontario   Power  Generation,    Inc.               CA($)165,000        3.65%     13/9/2050         140,982      0.00%
     Aeroports    de Montreal                    CA($)165,000        3.44%     26/4/2051         140,929      0.00%
     Morguard   Corp.                     CA($)175,000        4.72%     25/1/2024         140,569      0.00%
     Nova  Scotia  Power,  Inc.                  CA($)165,000        3.57%      5/4/2049        140,160      0.00%
     City  of Montreal   Canada                   CA($)165,000        3.15%     1/12/2036         140,114      0.00%
     Hydro  One,  Inc.                    CA($)145,000        4.39%     26/9/2041         138,448      0.00%
     Alectra,   Inc.                     CA($)150,000        3.96%     30/7/2042         138,093      0.00%
     EPCOR   Utilities,   Inc.                  CA($)160,000        3.55%     27/11/2047         138,050      0.00%
     Cameco   Corp.                     CA($)166,000        4.19%     24/6/2024         137,538      0.00%
     SmartCentres                        CA($)165,000        3.65%     11/12/2030         136,357      0.00%
     Hospital   Infrastructure     Partners   NOH  Partnership            CA($)140,415        5.44%     31/1/2045         134,535      0.00%
     Keyera   Corp.                      CA($)160,000        3.96%     29/5/2030         134,331      0.00%
     Canadian   Natural   Resources    Ltd.                $100,000      7.20%     15/1/2032         133,271      0.00%
     BCI  QuadReal   Realty                   CA($)175,000        1.75%     24/7/2030         132,834      0.00%
     Hospital   for Sick  Children                   CA($)150,000        3.42%     7/12/2057         131,134      0.00%
     CI Financial   Corp.                    CA($)160,000        3.22%     22/7/2024         130,983      0.00%
     Bridging   North  America   GP                CA($)150,000        4.34%     31/8/2053         129,920      0.00%
     Province   of Saskatchewan     Canada                CA($)150,000        2.95%      2/6/2058        129,752      0.00%
     Thomson   Reuters   Corp.                    $100,000      5.50%     15/8/2035         129,696      0.00%
     Gibson   Energy,   Inc.                   CA($)155,000        3.60%     17/9/2029         128,515      0.00%
     Brookfield    Renewable    Partners   ULC              CA($)140,000        4.29%     5/11/2049         128,145      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Royal  Bank  of Canada                     $115,000      4.65%     27/1/2026         127,823      0.00%
     Fairfax  Financial   Holdings   Ltd.                CA($)150,000        4.25%     6/12/2027         127,206      0.00%
     Capital   Power  Corp.                    CA($)152,000        4.28%     18/9/2024         127,178      0.00%
     EPCOR   Utilities,   Inc.                  CA($)165,000        2.90%     19/5/2050         127,037      0.00%
     City  of Toronto   Canada                   CA($)150,000        2.95%     28/4/2035         125,617      0.00%
     Greater   Toronto   Airports   Authority                CA($)150,000        3.26%      1/6/2037        125,149      0.00%
                                 68/362


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     Pembina   Pipeline   Corp.                   CA($)150,000        3.62%      3/4/2029        124,847      0.00%
     SEC  LP & Arci  Ltd.                   CA($)143,306        5.19%     29/8/2033         124,294      0.00%
     Inter  Pipeline   Ltd.                    CA($)152,000        3.48%     16/12/2026         124,198      0.00%
     Hydro  One,  Inc.                    CA($)140,000        3.64%      5/4/2050        124,144      0.00%
     Brookfield    Renewable    Partners   ULC              CA($)140,000        4.25%     15/1/2029         123,393      0.00%
     Province   of Alberta   Canada                  CA($)120,000        4.50%     1/12/2040         122,888      0.00%
     North  West  Redwater   Partnership/NWR      Financing   Co.,  Ltd.      CA($)150,000        3.70%     23/2/2043         122,692      0.00%
     Alectra,   Inc.                     CA($)150,000        2.49%     17/5/2027         122,143      0.00%
     Ontario   Power  Generation,    Inc.               CA($)130,000        4.25%     18/1/2049         121,983      0.00%
     Original   Wempi,   Inc.                   CA($)150,000        4.31%     13/2/2024         121,191      0.00%
     Co.-operators     Financial   Services   Ltd.             CA($)150,000        3.33%     13/5/2030         120,546      0.00%
     Ivanhoe   Cambridge    II, Inc.                 CA($)149,000        2.91%     27/6/2023         120,471      0.00%
     Manulife   Financial   Corp.＾                  CA($)150,000        2.82%     13/5/2035         120,247      0.00%
     Toronto   Hydro  Corp.                   CA($)150,000        2.99%     10/12/2049         120,129      0.00%
     Pembina   Pipeline   Corp.                   CA($)140,000        4.75%     30/4/2043         119,918      0.00%
     Export  Development     Canada                 CA($)150,000        1.65%     31/7/2024         119,884      0.00%
     NAV  Canada                       CA($)150,000        2.92%     29/9/2051         119,851      0.00%
     Province   of Newfoundland     & Labrador   Canada            CA($)115,000        5.60%     17/10/2033         119,743      0.00%
     Province   of Ontario   Canada                  EUR100,000       1.88%     21/5/2024         119,459      0.00%
     Great-West    Lifeco  Finance   Delaware   LP              $100,000      4.15%      3/6/2047        119,297      0.00%
     City  of Ottawa   Ontario                   CA($)135,000        3.25%     10/11/2047         119,203      0.00%
     Westcoast    Energy,   Inc.                  CA($)129,000        4.79%     28/10/2041         118,728      0.00%
     RioCan                        CA($)150,000        2.36%     10/3/2027         117,868      0.00%
     Keyera   Corp.                      CA($)135,000        3.93%     21/6/2028         113,693      0.00%
     Canadian   National   Railway   Co.                 $100,000      3.65%      3/2/2048        113,403      0.00%
     TELUS   Corp.                      CA($)135,000        3.30%      2/5/2029        111,935      0.00%
     Kinross   Gold  Corp.                     $100,000      4.50%     15/7/2027         111,794      0.00%
     TransCanada     PipeLines   Ltd.                  $100,000      4.10%     15/4/2030         111,618      0.00%
     Enbridge   Pipelines,   Inc.                  CA($)135,000        4.13%      9/8/2046        111,327      0.00%
     Canadian   National   Railway   Co.                 $105,000      3.20%      2/8/2046        110,837      0.00%
     CU,  Inc.                       CA($)110,000        4.72%      9/9/2043        109,894      0.00%
     Hydro  One,  Inc.                    CA($)120,000        3.91%     23/2/2046         109,666      0.00%
     Nutrien   Ltd.                       $100,000      4.00%     15/12/2026         109,645      0.00%
     Magna  International,     Inc.                   $100,000      4.15%     1/10/2025         108,713      0.00%
     City  of Toronto   Canada                   CA($)100,000        5.20%      1/6/2040        108,570      0.00%
     Newfoundland     & Labrador   Hydro                CA($)100,000        6.65%     27/8/2031         108,477      0.00%
     Canadian   Government    Bond                 CA($)135,000        1.50%      1/6/2026        108,178      0.00%
     Cordelio   Amalco   GP I                 CA($)126,719        4.09%     30/6/2034         107,601      0.00%
     Hydro  One,  Inc.                    CA($)100,000        5.49%     16/7/2040         107,284      0.00%
     TriSummit    Utilities,   Inc.                  CA($)130,000        3.15%      6/4/2026        107,177      0.00%
     Canadian   National   Railway   Co.                 $75,000      6.38%     15/11/2037         107,064      0.00%
     Ontario   Infrastructure     & Lands  Corp.              CA($)107,000        4.70%      1/6/2037        106,780      0.00%
     Province   of New  Brunswick    Canada               CA($)100,000        5.50%     27/1/2034         105,663      0.00%
     Toronto   Hydro  Corp.                   CA($)125,000        3.27%     18/10/2051         105,574      0.00%
     Enbridge,   Inc.                       $100,000      3.50%     10/6/2024         104,676      0.00%
     Province   of Alberta   Canada                   $100,000      3.35%     1/11/2023         104,548      0.00%
     City  of Toronto   Canada                   CA($)100,000        4.70%     10/6/2041         103,999      0.00%
     City  of Winnipeg   Canada                   CA($)105,000        4.10%      1/6/2045        102,723      0.00%
     CU,  Inc.                       CA($)100,000        4.56%     7/11/2053         102,247      0.00%
     Clover  LP                      CA($)120,767        4.22%     30/6/2034         101,998      0.00%
     Capital   Power  Corp.                    CA($)130,000        3.15%     1/10/2032         101,111      0.00%
     Crombie                        CA($)125,000        3.21%     9/10/2030         99,723      0.00%
                                 69/362


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     City  of Toronto   Canada                   CA($)105,000        3.80%     13/12/2042         98,603      0.00%
     Gibson   Energy,   Inc.                   CA($)121,000        2.85%     14/7/2027         97,198      0.00%
     Province   of New  Brunswick    Canada               CA($)100,000        3.55%      3/6/2055         96,268      0.00%
     Teck  Resources    Ltd.                     $75,000      6.00%     15/8/2040         95,611      0.00%
     TELUS   Corp.                      CA($)110,000        4.40%     29/1/2046         94,647      0.00%
     Royal  Bank  of Canada                      $90,000      3.70%     5/10/2023         94,383      0.00%
     Regional   Municipality    of York                CA($)100,000        4.05%      1/5/2034         93,199      0.00%
     407 International,     Inc.                  CA($)100,000        3.98%     11/9/2052         92,761      0.00%
     Original   Wempi,   Inc.                   CA($)113,514        4.06%     13/2/2024         91,416      0.00%
     Intact  Financial   Corp.                   CA($)120,000        2.95%     16/12/2050         89,913      0.00%
     EPCOR   Utilities,   Inc.                  CA($)110,000        3.11%      8/7/2049         87,779      0.00%
     City  of Toronto   Canada                   CA($)100,000        3.20%      1/8/2048         87,399      0.00%
     CU,  Inc.                       CA($)100,000        3.55%     22/11/2047         86,247      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Hydro  One,  Inc.                    CA($)90,000       4.00%     22/12/2051          84,898      0.00%
     Hydro  One,  Inc.                   CA($)100,000        2.97%     26/6/2025         82,569      0.00%
     Cogeco   Communications,      Inc.               CA($)100,000        4.18%     26/5/2023         81,488      0.00%
     Capital   Power  Corp.                   CA($)93,000       4.42%      8/2/2030         81,176      0.00%
     TransEd   Partners   GP                  CA($)97,967       3.95%     30/9/2050         81,004      0.00%
     Loblaw   Cos  Ltd.                    CA($)80,000       5.90%     18/1/2036         80,630      0.00%
     City  of Ottawa   Ontario                   CA($)75,000       4.20%     30/7/2053         79,316      0.00%
     Bruce  Power  LP                   CA($)80,000       4.75%     21/6/2049         78,378      0.00%
     Canadian   National   Railway   Co.               CA($)100,000        3.05%      8/2/2050         78,153      0.00%
     Air Canada   2013-1  Class  A Pass  Through   Trust            $77,306      4.13%     15/5/2025         77,994      0.00%
     First  Nations   Finance   Authority                CA($)100,000        1.71%     16/6/2030         77,422      0.00%
     City  of Ottawa   Ontario                   CA($)90,000       3.10%     27/7/2048         77,362      0.00%
     H&R                        CA($)95,000       3.42%     23/1/2023         76,679      0.00%
     TriSummit    Utilities,   Inc.                 CA($)87,000       4.26%     5/12/2028         76,620      0.00%
     Power  Financial   Corp.                  CA($)72,000       6.90%     11/3/2033         76,490      0.00%
     CCL  Industries,    Inc.                  CA($)90,000       3.86%     13/4/2028         76,089      0.00%
     InPower   BC General   Partnership                 CA($)88,273       4.47%     31/3/2033         75,908      0.00%
     Federated    Co.-Operatives     Ltd.               CA($)89,000       3.92%     17/6/2025         73,158      0.00%
     City  of Vancouver                     CA($)75,000       3.70%     18/10/2052          72,728      0.00%
     EPCOR   Utilities,   Inc.                  CA($)75,000       4.55%     28/2/2042         72,693      0.00%
     407 International,     Inc.                  CA($)80,000       3.83%     11/5/2046         71,580      0.00%
     Enbridge   Gas,  Inc.                   CA($)80,000       3.80%      1/6/2046         70,977      0.00%
     British  Columbia   Ferry  Services,   Inc.             CA($)70,000       5.02%     20/3/2037         70,669      0.00%
     Laurentian    Bank  of Canada                 CA($)85,000       3.45%     27/6/2023         69,245      0.00%
     FortisBC   Energy,   Inc.                  CA($)75,000       3.85%     7/12/2048         69,092      0.00%
     Empire   Life Insurance   Co.＾                CA($)85,000       3.66%     15/3/2028         69,027      0.00%
     Rio Tinto  Alcan,  Inc.                    $50,000      6.13%     15/12/2033          68,958      0.00%
     Cenovus   Energy,   Inc.                    $50,000      6.80%     15/9/2037         67,813      0.00%
     Bell Telephone    Co. of Canada   or Bell  Canada           CA($)75,000       4.35%     18/12/2045          65,223      0.00%
     Enbridge,   Inc.                    CA($)75,000       4.57%     11/3/2044         64,705      0.00%
     TMX  Group  Ltd.                    CA($)75,000       4.46%     3/10/2023         62,168      0.00%
     EPCOR   Utilities,   Inc.                  CA($)65,000       3.95%     26/11/2048          59,807      0.00%
     Enbridge   Gas,  Inc.                   CA($)70,000       3.01%      9/8/2049         54,601      0.00%
     New  Brunswick    F-M  Project   Co.,  Inc.             CA($)60,302       6.47%     30/11/2027          54,441      0.00%
     Province   of Ontario   Canada                   $50,000      3.20%     16/5/2024         52,600      0.00%
     CCL  Industries,    Inc.                    $50,000      3.25%     1/10/2026         52,515      0.00%
                                 70/362


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     Rogers  Communications,      Inc.                 $50,000      2.90%     15/11/2026          52,266      0.00%
     City  of Greater   Sudbury   Canada                CA($)70,000       2.42%     12/3/2050         51,769      0.00%
     Atco  Ltd.＾                      CA($)58,000       5.50%     1/11/2078         50,068      0.00%
     Clover  LP                     CA($)58,970       4.22%     31/3/2034         49,776      0.00%
     Enbridge,   Inc.                    CA($)55,000       4.87%     21/11/2044          49,201      0.00%
     Sagen  MI Canada,   Inc.                  CA($)57,000       4.24%      1/4/2024         47,248      0.00%
     Canadian   Natural   Resources    Ltd.              CA($)45,000       4.85%     30/5/2047         40,304      0.00%
     IGM  Financial,   Inc.                   CA($)40,000       4.56%     25/1/2047         38,184      0.00%
     Brookfield    Asset  Management,     Inc.              CA($)45,000       3.80%     16/3/2027         38,093      0.00%
     Barrick   North  America   Finance   LLC               $25,000      5.75%      1/5/2043         34,023      0.00%
     Canadian   Imperial   Bank  of Commerce                 $30,000      2.25%     28/1/2025         30,688      0.00%
     Kingston   Solar  LP                   CA($)35,170       3.57%     31/7/2035         28,872      0.00%
     Rogers  Communications,      Inc.                 $25,000      3.70%     15/11/2049          26,312      0.00%
     EPCOR   Utilities,   Inc.                  CA($)9,000       6.80%     28/6/2029          9,256      0.00%
     Ontario   School  Boards   Financing   Corp.             CA($)3,791       5.48%     26/11/2029          3,427      0.00%
                                                 878,305,513        3.75%
     チリ 0.15%  (2020:  0.12%)
     Chile  Government    International    Bond             EUR1,600,000        0.10%     26/1/2027        1,783,186       0.01%
     Cencosud   SA                     $1,500,000       5.15%     12/2/2025        1,618,065       0.01%
     Inversiones    CMPC  SA                  $1,500,000       4.75%     15/9/2024        1,604,983       0.01%
     Falabella   SA                     $1,550,000       3.38%     15/1/2032        1,544,411       0.01%
     Chile  Government    International    Bond              $1,400,000       3.50%     25/1/2050        1,455,473       0.01%
     Corp.  Nacional   del Cobre  de Chile               $1,300,000       3.70%     30/1/2050        1,329,171       0.01%
     Chile  Government    International    Bond              $1,200,000       3.13%     21/1/2026        1,263,030       0.01%
     Chile  Government    International    Bond              $1,200,000       3.10%      7/5/2041        1,175,927       0.01%
     Chile  Government    International    Bond              $1,100,000       3.24%      6/2/2028        1,158,827       0.01%
     Chile  Government    International    Bond             EUR1,107,000        1.25%     22/1/2051        1,134,178       0.01%
     Engie  Energia   Chile  SA                  $1,050,000       4.50%     29/1/2025        1,119,910       0.01%
     Chile  Government    International    Bond             EUR1,000,000        1.30%     26/7/2036        1,115,135       0.01%
     Chile  Government    International    Bond              $1,000,000       2.45%     31/1/2031         993,172       0.01%
     Empresa   Nacional   del Petroleo                 $1,000,000       4.50%     14/9/2047         980,345       0.01%
     Chile  Government    International    Bond             EUR800,000       1.63%     30/1/2025         950,987       0.01%
     Chile  Government    International    Bond              $1,000,000       3.10%     22/1/2061         929,778       0.00%
     Corp.  Nacional   del Cobre  de Chile               $800,000      3.63%      1/8/2027        851,872       0.00%
     Corp.  Nacional   del Cobre  de Chile               $700,000      4.88%     4/11/2044         835,630       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Corp.  Nacional   del Cobre  de Chile               $600,000      5.63%     18/10/2043         778,029       0.00%
     Cencosud   SA                      $700,000      4.38%     17/7/2027         746,067       0.00%
     Corp.  Nacional   del Cobre  de Chile               $650,000      4.38%      5/2/2049        742,042       0.00%
     Chile  Government    International    Bond              $800,000      3.25%     21/9/2071         739,705       0.00%
     Empresa   Nacional   de Telecomunicaciones       SA           $668,000      4.75%      1/8/2026        724,112       0.00%
     Banco  Santander    Chile                   $700,000      2.70%     10/1/2025         715,692       0.00%
     Empresa   de Transporte    de Pasajeros   Metro  SA           $600,000      4.70%      7/5/2050        697,076       0.00%
     Corp.  Nacional   del Cobre  de Chile               $500,000      6.15%     24/10/2036         656,274       0.00%
     Banco  del Estado  de Chile                  $600,000      2.70%      9/1/2025        612,765       0.00%
     Engie  Energia   Chile  SA                  $600,000      3.40%     28/1/2030         606,667       0.00%
     Chile  Government    International    Bond              $600,000      2.55%     27/7/2033         583,943       0.00%
     Celulosa   Arauco   y Constitucion    SA              $450,000      5.50%     2/11/2047         522,568       0.00%
     Empresa   de los Ferrocarriles    del Estado              $600,000      3.07%     18/8/2050         515,724       0.00%
     Celulosa   Arauco   y Constitucion    SA              $400,000      4.20%     29/1/2030         426,425       0.00%
                                 71/362


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     Inversiones    CMPC  SA                   $400,000      3.85%     13/1/2030         417,324       0.00%
     Corp.  Nacional   del Cobre  de Chile               $400,000      3.00%     30/9/2029         405,643       0.00%
     Transelec   SA                      $375,000      3.88%     12/1/2029         400,916       0.00%
     Corp.  Nacional   del Cobre  de Chile               $400,000      3.15%     15/1/2051         372,485       0.00%
     Colbun   SA                      $250,000      4.50%     10/7/2024         264,226       0.00%
     Empresa   de Transporte    de Pasajeros   Metro  SA           $200,000      5.00%     25/1/2047         232,985       0.00%
     Celulosa   Arauco   y Constitucion    SA              $200,000      5.15%     29/1/2050         227,747       0.00%
     Chile  Government    International    Bond              $200,000      3.86%     21/6/2047         221,780       0.00%
     Sociedad   Quimica   y Minera  de Chile  SA             $200,000      4.25%      7/5/2029        221,472       0.00%
     Inversiones    CMPC  SA                   $200,000      4.38%      4/4/2027        219,396       0.00%
     Celeo  Redes  Operacion    Chile  SA               $192,472      5.20%     22/6/2047         217,655       0.00%
     Sociedad   Quimica   y Minera  de Chile  SA             $200,000      4.25%     22/1/2050         215,865       0.00%
     Celulosa   Arauco   y Constitucion    SA              $200,000      3.88%     2/11/2027         212,515       0.00%
     Celulosa   Arauco   y Constitucion    SA              $200,000      4.50%      1/8/2024        212,505       0.00%
     Falabella   SA                      $200,000      3.75%     30/10/2027         208,314       0.00%
     Empresa   de Transporte    de Pasajeros   Metro  SA           $200,000      3.69%     13/9/2061         193,639       0.00%
     Enel  Americas   SA                    $175,000      4.00%     25/10/2026         186,979       0.00%
     Enel  Chile  SA                     $150,000      4.88%     12/6/2028         165,365       0.00%
     Colbun   SA                      $100,000      3.95%     11/10/2027         105,826       0.00%
     Enel  Generacion    Chile  SA                 $100,000      4.25%     15/4/2024         104,510       0.00%
     GNL  Quintero   SA                    $94,120      4.63%     31/7/2029         99,887      0.00%
                                                  35,818,203        0.15%
     中国  1.21%  (2020:  1.22%)
     Agricultural    Development     Bank  of China           CNY100,000,000         3.06%      5/8/2023       15,829,794        0.07%
     China  Government    Bond                CNY70,200,000         3.25%      6/6/2026       11,318,358        0.05%
     China  Development     Bank                CNY55,000,000         3.68%     26/2/2026        8,918,398       0.04%
     China  Government    Bond                CNY50,000,000         3.01%     13/5/2028        7,958,211       0.04%
     China  Government    International    Bond              $7,200,000       0.40%     21/10/2023         7,144,297       0.03%
     China  Development     Bank                CNY40,000,000         3.43%     14/1/2027        6,440,618       0.03%
     China  Government    Bond                CNY40,000,000         2.91%     14/10/2028         6,323,152       0.03%
     China  Development     Bank                CNY35,500,000         3.50%     13/8/2026        5,716,045       0.03%
     China  Development     Bank                CNY30,000,000         3.70%     20/10/2030         4,901,917       0.02%
     China  Development     Bank                CNY30,000,000         3.34%     14/7/2025        4,805,805       0.02%
     Agricultural    Development     Bank  of China           CNY29,000,000         4.00%     12/11/2025         4,750,458       0.02%
     China  Government    Bond                CNY23,200,000         4.08%     22/10/2048         4,079,821       0.02%
     CNOOC   Curtis  Funding   No 1 Pty Ltd.             $3,600,000       4.50%     3/10/2023        3,793,639       0.02%
     China  Development     Bank                CNY23,400,000         3.30%      1/2/2024        3,727,678       0.02%
     Export-Import     Bank  of China               CNY21,300,000         3.28%     11/2/2024        3,388,509       0.02%
     Export-Import     Bank  of China                 $3,100,000       3.63%     31/7/2024        3,298,214       0.02%
     Export-Import     Bank  of China               CNY20,000,000         3.74%     16/11/2030         3,280,305       0.02%
     China  Government    Bond                CNY20,000,000         3.13%     21/11/2029         3,194,376       0.01%
     China  Government    Bond                CNY20,000,000         3.02%     27/5/2031        3,189,816       0.01%
     China  Government    Bond                CNY20,000,000         3.19%     11/4/2024        3,189,104       0.01%
     State  Grid  Overseas   Investment    BVI Ltd.            $3,000,000       3.75%      2/5/2023        3,106,193       0.01%
     Tencent   Holdings   Ltd.                  $3,000,000       2.39%      3/6/2030        2,939,042       0.01%
     China  Government    Bond                CNY18,500,000         3.39%     16/3/2050        2,885,601       0.01%
     Tencent   Holdings   Ltd.                  $3,029,000       3.24%      3/6/2050        2,878,555       0.01%
     Bank  of China  Ltd.                   $2,600,000       5.00%     13/11/2024         2,835,170       0.01%
     China  Government    International    Bond              $2,500,000       1.95%     3/12/2024        2,567,583       0.01%
     China  Development     Bank                CNY15,000,000         3.40%      8/1/2028        2,410,573       0.01%
     China  Government    Bond                CNY15,000,000         3.22%     6/12/2025        2,409,999       0.01%
     Agricultural    Development     Bank  of China           CNY14,600,000         3.75%     25/1/2029        2,388,309       0.01%
                                 72/362

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     Sinopec   Group  Overseas   Development     2013  Ltd.          $2,250,000       4.38%     17/10/2023         2,376,690       0.01%
     China  Government    Bond                CNY15,000,000         2.74%      4/8/2026        2,363,882       0.01%
     Bank  of China  Luxembourg    SA              EUR2,000,000        0.13%     16/1/2023        2,277,217       0.01%
     State  Grid  Overseas   Investment    BVI Ltd.            $2,000,000       4.25%      2/5/2028        2,271,492       0.01%
     Sinopec   Group  Overseas   Development     2018  Ltd.          $2,000,000       4.25%     12/9/2028        2,258,646       0.01%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     China  Cinda  Finance   2017  ILtd.                $2,000,000       4.75%     21/2/2029        2,226,323       0.01%
     Sinopec   Group  Overseas   Development     2016  Ltd.          $2,000,000       2.75%     29/9/2026        2,084,296       0.01%
     Sinopec   Group  Overseas   Development     2018  Ltd.          $1,900,000       2.70%     13/5/2030        1,942,024       0.01%
     Lunar  Funding   V for Swisscom   AG              EUR1,600,000        1.13%     12/10/2026        1,900,996       0.01%
     Sinopec   Group  Overseas   Development     2018  Ltd.          $1,400,000       4.60%     12/9/2048        1,724,240       0.01%
     China  Railway   Resources    Huitung   Ltd.              $1,681,000       3.85%      5/2/2023        1,723,120       0.01%
     China  Development     Bank                 CNY10,000,000        3.90%      3/8/2040        1,687,289       0.01%
     China  Development     Bank                  $1,450,000       4.00%     24/1/2037        1,681,983       0.01%
     Industrial   & Commercial    Bank  of China  Ltd.            $1,500,000       4.88%     21/9/2025        1,646,526       0.01%
     China  Government    Bond                 CNY10,000,000        3.52%     25/4/2046        1,592,142       0.01%
     Bluestar   Finance   Holdings   Ltd.                $1,505,000       3.38%     16/7/2024        1,555,096       0.01%
     CNOOC   Finance   2012  Ltd.                 $1,300,000       5.00%      2/5/2042        1,553,339       0.01%
     CCCI  Treasure   Ltd.＾                    $1,500,000       3.43%      Perpetual        1,530,661       0.01%
     CNOOC   Petroleum    North  America   ULC             $1,100,000       6.40%     15/5/2037        1,452,121       0.01%
     China  Huaneng   Group  Hong  Kong  Treasury   Management
                              $1,400,000       2.60%     10/12/2024        1,440,797       0.01%
       Holding   Ltd.
     Huarong   Finance   II Co.,  Ltd.                 $1,350,000       5.50%     16/1/2025        1,421,751       0.01%
     China  Mengniu   Dairy  Co.,  Ltd.                $1,400,000       1.88%     17/6/2025        1,390,785       0.01%
     Export-Import     Bank  of China                EUR1,200,000        0.75%     28/5/2023        1,378,459       0.01%
     Avi Funding   Co.,  Ltd.                   $1,200,000       3.80%     16/9/2025        1,291,662       0.01%
     CNAC  HK Finbridge   Co.,  Ltd.                $1,225,000       3.38%     19/6/2024        1,268,728       0.01%
     CNAC  HK Finbridge   Co.,  Ltd.                $1,100,000       5.13%     14/3/2028        1,255,043       0.01%
     Tencent   Holdings   Ltd.                   $1,200,000       3.28%     11/4/2024        1,248,069       0.01%
     Country   Garden   Holdings   Co.,  Ltd.               $1,300,000       5.40%     27/5/2025        1,235,022       0.01%
     China  Cinda  Finance   2017  ILtd.                $1,100,000       4.40%      9/3/2027        1,187,707       0.01%
     Prosus  NV                       $1,200,000       3.06%     13/7/2031        1,171,663       0.01%
     Sinopec   Group  Overseas   Development     2017  Ltd.          $1,150,000       3.00%     12/4/2022        1,156,043       0.01%
     China  Development     Bank                 EUR1,000,000        0.88%     24/1/2024        1,153,446       0.01%
     Country   Garden   Holdings   Co.,  Ltd.               $1,200,000       5.13%     17/1/2025        1,140,050       0.01%
     Industrial   & Commercial    Bank  of China  Ltd.            $1,050,000       3.54%     8/11/2027        1,137,550       0.01%
     Minmetals    Bounteous    Finance   BVI Ltd.＾              $1,100,000       3.38%      Perpetual        1,130,173       0.01%
     Tencent   Holdings   Ltd.                   $1,050,000       3.60%     19/1/2028        1,119,576       0.01%
     State  Grid  Overseas   Investment    BVI Ltd.              $900,000      4.00%      4/5/2047        1,092,896       0.01%
     Sinopec   Group  Overseas   Development     2014  Ltd.          $1,000,000       4.38%     10/4/2024        1,068,566       0.01%
     BOC  Aviation   Ltd.                    $1,000,000       3.88%     27/4/2026        1,064,237       0.01%
     Sinopec   Group  Overseas   Development     2015  Ltd.          $1,000,000       3.25%     28/4/2025        1,050,783       0.01%
     China  Government    International    Bond              $1,000,000       2.75%     3/12/2039        1,048,064       0.01%
     China  Government    International    Bond              EUR950,000       1.00%     12/11/2039        1,043,916       0.01%
     Zhongyuan    Sincere   Investment    Co.,  Ltd.             $1,000,000       4.25%     28/6/2024        1,037,940       0.01%
     Longfor   Group  Holdings   Ltd.                 $1,000,000       3.95%     16/9/2029        1,032,662       0.01%
     Sinopec   Group  Overseas   Development     2018  Ltd.          $1,000,000       3.44%     12/11/2049        1,031,960       0.01%
     CMB  International    Leasing   Management    Ltd.            $1,000,000       3.00%      3/7/2024        1,027,139       0.01%
     China  Huaneng   Group  Hong  Kong  Treasury   Management
                              $1,000,000       3.08%      Perpetual        1,015,342       0.01%
       Holding   Ltd.＾
                                 73/362


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     State  Grid  Overseas   Investment    2014  Ltd.             $950,000      4.13%      7/5/2024        1,012,268       0.01%
     Hanhui   International    Ltd.                  $1,000,000       4.37%     22/8/2022        1,010,499       0.01%
     Huarong   Finance   2019  Co.,  Ltd.                $1,000,000       2.50%     24/2/2023         995,027      0.01%
     Country   Garden   Holdings   Co.,  Ltd.               $1,000,000       7.25%      8/4/2026        990,031      0.01%
     Coastal   Emerald   Ltd.＾                   $1,000,000       4.30%      Perpetual        988,732      0.01%
     Franshion   Brilliant   Ltd.＾                   $1,000,000       4.00%      Perpetual        987,249      0.01%
     China  Development     Bank                 CNY5,800,000        4.01%      9/1/2037        981,575      0.01%
     CNOOC   Finance   2015  USA  LLC                $850,000      4.38%      2/5/2028        951,936      0.01%
     Alibaba   Group  Holding   Ltd.                 $1,000,000       3.25%      9/2/2061        927,041      0.01%
     China  Development     Bank                   $850,000      3.38%     24/1/2027         915,115      0.01%
     Joy Treasure   Assets  Holdings,   Inc.                $900,000      3.50%     24/9/2029         911,142      0.01%
     China  Southern   Power  Grid  International    Finance   BVI 2018
                               $863,000      3.88%     18/9/2023         900,577      0.01%
       Co.,  Ltd.
     China  Construction     Bank  Corp.＾                 $890,000      2.45%     24/6/2030         898,859      0.00%
     China  Cinda  Finance   2015  ILtd.                $850,000      4.25%     23/4/2025         898,047      0.00%
     CICC  Hong  Kong  Finance   2016  MTN  Ltd.             $900,000      1.63%     26/1/2024         896,465      0.00%
     Sino-Ocean    Land  Treasure   IV Ltd.               $1,000,000       4.75%     14/1/2030         895,632      0.00%
     CITIC  Ltd.                       $800,000      3.88%     28/2/2027         858,609      0.00%
     Bank  of China  Hong  Kong  Ltd.＾                 $800,000      5.90%      Perpetual        856,419      0.00%
     CITIC  Ltd.                       $800,000      3.70%     14/6/2026         848,284      0.00%
     Shimao   Group  Holdings   Ltd.                 $1,300,000       6.13%     21/2/2024         833,576      0.00%
     Tencent   Holdings   Ltd.                    $750,000      3.98%     11/4/2029         817,059      0.00%
     GLP  China  Holdings   Ltd.                   $775,000      4.97%     26/2/2024         813,569      0.00%
     Alibaba   Group  Holding   Ltd.                  $725,000      4.20%     6/12/2047         801,080      0.00%
     China  Government    International    Bond              EUR700,000       0.13%     12/11/2026         797,030      0.00%
     China  Government    International    Bond              EUR700,000       0.50%     12/11/2031         779,557      0.00%
     CNPC  Global  Capital   Ltd.                   $800,000      2.00%     23/6/2030         777,915      0.00%
     China  Merchants    Finance   Co.,  Ltd.               $700,000      4.75%      3/8/2025        761,447      0.00%
     Minmetals    Bounteous    Finance   BVI Ltd.              $700,000      4.20%     27/7/2026         757,353      0.00%
     Tencent   Holdings   Ltd.                    $700,000      3.80%     11/2/2025         743,261      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Alibaba   Group  Holding   Ltd.                   $700,000      3.40%     6/12/2027        741,238      0.00%
     CNPC  General   Capital   Ltd.                   $700,000      3.40%     16/4/2023        719,222      0.00%
     Chongqing    Nan'an   Urban  Construction     & Development     Group
                                $700,000      4.66%      4/6/2024        714,442      0.00%
       Co.,  Ltd.
     Elect  Global  Investments    Ltd.＾                  $700,000      4.10%      Perpetual        705,784      0.00%
     Tencent   Holdings   Ltd.                    $750,000      3.29%      3/6/2060        703,477      0.00%
     Alibaba   Group  Holding   Ltd.                   $750,000      3.15%      9/2/2051        698,789      0.00%
     China  Construction     Bank  Corp.                  $700,000      1.46%     22/4/2026        692,806      0.00%
     China  Southern   Power  Grid  International    Finance   BVI Co.,  Ltd.       $650,000      2.75%      8/5/2022        653,519      0.00%
     Alibaba   Group  Holding   Ltd.                   $600,000      4.00%     6/12/2037        650,353      0.00%
     China  Government    International    Bond                $650,000      0.55%     21/10/2025         632,361      0.00%
     Alibaba   Group  Holding   Ltd.                   $650,000      2.13%      9/2/2031        627,854      0.00%
     Sunny  Express   Enterprises    Corp.                 $600,000      3.13%     23/4/2030        623,379      0.00%
     Huarong   Finance   2017  Co.,  Ltd.                 $600,000      4.75%     27/4/2027        621,017      0.00%
     Prosus  NV                        $600,000      3.68%     21/1/2030        618,351      0.00%
     China  Overseas   Finance   Cayman   VII Ltd.              $600,000      4.25%     26/4/2023        617,675      0.00%
     Prosus  NV                        $650,000      3.83%      8/2/2051        606,197      0.00%
     China  Government    International    Bond                $600,000      1.20%     21/10/2030         578,997      0.00%
     Vanke  Real  Estate  Hong  Kong  Co.,  Ltd.              $550,000      3.98%     9/11/2027        577,179      0.00%
                                 74/362


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     China  Government    International    Bond                $575,000      2.50%     26/10/2051         576,529      0.00%
     Prosus  NV                       EUR500,000       1.54%      3/8/2028        573,972      0.00%
     Prosus  NV                       EUR500,000       1.29%     13/7/2029        559,976      0.00%
     Tencent   Holdings   Ltd.                    $525,000      3.93%     19/1/2038        558,050      0.00%
     Meituan                          $600,000      3.05%     28/10/2030         557,010      0.00%
     Baidu,  Inc.                        $575,000      2.38%     23/8/2031        554,275      0.00%
     State  Grid  Overseas   Investment    BVI Ltd.              $500,000      3.50%      4/5/2027        539,370      0.00%
     Sinopec   Group  Overseas   Development     2017  Ltd.            $500,000      3.63%     12/4/2027        538,157      0.00%
     Bank  of China  Ltd.                     $500,000      3.50%     20/4/2027        537,183      0.00%
     Charming   Light  Investments    Ltd.                 $500,000      5.00%      3/9/2024        536,921      0.00%
     Vanke  Real  Estate  Hong  Kong  Co.,  Ltd.              $500,000      5.35%     11/3/2024        529,132      0.00%
     China  Development     Bank                    $500,000      3.00%      1/6/2026        528,756      0.00%
     Vertex  Capital   Investment    Ltd.                 $500,000      4.75%      3/4/2024        526,367      0.00%
     BOC  Aviation   Ltd.                     $500,000      3.50%     18/9/2027        526,356      0.00%
     China  Construction     Bank  Corp.＾                  $500,000      4.25%     27/2/2029        525,876      0.00%
     Foxconn   Far East  Ltd.                    $500,000      3.00%     23/9/2026        523,477      0.00%
     China  Cinda  Finance   2017  ILtd.                 $500,000      4.10%      9/3/2024        520,632      0.00%
     Vanke  Real  Estate  Hong  Kong  Co.,  Ltd.              $500,000      4.20%      7/6/2024        520,309      0.00%
     Huarong   Finance   II Co.,  Ltd.                  $500,000      4.63%      3/6/2026        516,282      0.00%
     Geely  Automobile    Holdings   Ltd.＾                 $500,000      4.00%      Perpetual        513,828      0.00%
     Azure  Orbit  IV International    Finance   Ltd.              $500,000      3.75%     25/1/2023        511,034      0.00%
     Huarong   Finance   2017  Co.,  Ltd.                 $500,000      4.25%     7/11/2027        505,346      0.00%
     Sino-Ocean    Land  Treasure   Finance   ILtd.              $500,000      6.00%     30/7/2024        503,530      0.00%
     BOC  Aviation   Ltd.                     $500,000      2.63%     17/9/2030        498,912      0.00%
     Foxconn   Far East  Ltd.                    $500,000      2.50%     28/10/2030         497,871      0.00%
     Sinopec   Group  Overseas   Development     2018  Ltd.            $500,000      2.30%      8/1/2031        493,486      0.00%
     Haitong   International    Securities   Group  Ltd.             $500,000      2.13%     20/5/2026        491,918      0.00%
     Amipeace   Ltd.                       $500,000      2.25%     22/10/2030         491,650      0.00%
     Huarong   Finance   2019  Co.,  Ltd.                 $500,000      3.38%     24/2/2030        477,097      0.00%
     Sunshine   Life Insurance   Corp.,  Ltd.                $470,000      4.50%     20/4/2026        475,911      0.00%
     Baidu,  Inc.                        $400,000      4.88%     14/11/2028         458,556      0.00%
     Tencent   Holdings   Ltd.                    $450,000      2.99%     19/1/2023        457,924      0.00%
     Competition    Team  Technologies     Ltd.                $425,000      3.75%     12/3/2024        446,499      0.00%
     State  Grid  Overseas   Investment    2013  Ltd.              $430,000      3.13%     22/5/2023        442,142      0.00%
     Export-Import     Bank  of China                   $400,000      3.25%     28/11/2027         433,765      0.00%
     China  Government    International    Bond                $400,000      2.63%     2/11/2027        422,866      0.00%
     China  Railway   Xunjie  Co.,  Ltd.                  $400,000      3.25%     28/7/2026        418,719      0.00%
     Alibaba   Group  Holding   Ltd.                   $400,000      2.80%      6/6/2023        408,864      0.00%
     CNAC  HK Finbridge   Co.,  Ltd.                  $400,000      3.00%     22/9/2030        405,771      0.00%
     Shanghai   Electric   Group  Global  Investment    Ltd.            $400,000      2.65%     21/11/2024         405,348      0.00%
     Voyage   Bonds  Ltd.                     $400,000      3.38%     28/9/2022        404,248      0.00%
     Huarong   Finance   2019  Co.,  Ltd.                 $400,000      3.75%     29/5/2024        404,107      0.00%
     Sinopec   Group  Overseas   Development     2017  Ltd.            $400,000      2.50%     13/9/2022        403,905      0.00%
     Contemporary     Ruiding   Development     Ltd.              $400,000      2.63%     17/9/2030        401,087      0.00%
     ENN  Energy   Holdings   Ltd.                   $400,000      2.63%     17/9/2030        398,702      0.00%
     CMB  International    Leasing   Management    Ltd.             $400,000      2.88%      4/2/2031        395,788      0.00%
     Prosus  NV                        $375,000      4.03%      3/8/2050        359,647      0.00%
     China  Government    Bond                  CNY2,100,000        3.73%     25/5/2070        353,235      0.00%
     CNAC  HK Finbridge   Co.,  Ltd.                  $350,000      2.00%     22/9/2025        348,416      0.00%
     BCEG  HongKong    Co.,  Ltd.                   $350,000      2.22%      2/7/2026        345,938      0.00%
     Country   Garden   Holdings   Co.,  Ltd.                $400,000      3.30%     12/1/2031        340,059      0.00%
     China  Great  Wall  International    Holdings   III Ltd.            $300,000      3.88%     31/8/2027        318,315      0.00%
                                 75/362


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     Bocom  Leasing   Management    Hong  Kong  Co.,  Ltd.           $300,000      4.38%     22/1/2024        316,448      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Sinochem   Offshore   Capital   Co.,  Ltd.              $307,000      1.63%     29/10/2025         301,944       0.00%
     State  Grid  Overseas   Investment    BVI Ltd.             $300,000      2.75%      4/5/2022        301,658       0.00%
     China  Cinda  2020  IManagement    Ltd.              $300,000      2.50%     18/3/2025         300,200       0.00%
     SF Holding   Investment    Ltd.                 $300,000      2.88%     20/2/2030         298,134       0.00%
     Shanghai   Port  Group  BVI Development     2 Co.,  Ltd.          $300,000      1.50%     13/7/2025         295,209       0.00%
     Baidu,  Inc.                       $275,000      3.63%      6/7/2027        295,190       0.00%
     Alibaba   Group  Holding   Ltd.                 $275,000      3.60%     28/11/2024         289,482       0.00%
     Shimao   Group  Holdings   Ltd.                 $500,000      3.45%     11/1/2031         284,950       0.00%
     China  Overseas   Finance   Cayman   III Ltd.             $200,000      6.38%     29/10/2043         272,630       0.00%
     CNAC  HK Finbridge   Co.,  Ltd.                $250,000      3.88%     19/6/2029         268,829       0.00%
     State  Grid  Overseas   Investment    2014  Ltd.            $200,000      4.85%      7/5/2044        267,931       0.00%
     Sinopec   Group  Overseas   Development     2017  Ltd.          $250,000      3.25%     13/9/2027         265,425       0.00%
     China  Government    International    Bond              $200,000      4.00%     19/10/2048         263,155       0.00%
     Huarong   Finance   II Co.,  Ltd.                 $250,000      5.00%     19/11/2025         260,673       0.00%
     Weibo  Corp.                       $250,000      3.50%      5/7/2024        256,850       0.00%
     MCC  Holding   Hong  Kong  Corp.,  Ltd.＾              $250,000      3.50%      Perpetual        254,300       0.00%
     State  Grid  Overseas   Investment    BVI Ltd.            EUR220,000       0.80%      5/8/2026        253,857       0.00%
     Export-Import     Bank  of China                 $200,000      4.00%     28/11/2047         248,738       0.00%
     Huarong   Finance   2017  Co.,  Ltd.                $250,000      4.95%     7/11/2047         242,882       0.00%
     Sino-Ocean    Land  Treasure   Finance   II Ltd.             $250,000      5.95%      4/2/2027        241,358       0.00%
     China  Great  Wall  International    Holdings   V Ltd.           $250,000      2.38%     18/8/2030         236,233       0.00%
     Haidilao   International    Holding   Ltd.               $250,000      2.15%     14/1/2026         235,050       0.00%
     Central   Plaza  Development     Ltd.                $250,000      4.65%     19/1/2026         232,934       0.00%
     Alibaba   Group  Holding   Ltd.                 $200,000      4.50%     28/11/2034         228,082       0.00%
     Alibaba   Group  Holding   Ltd.                 $200,000      4.40%     6/12/2057         227,750       0.00%
     Sinopec   Group  Overseas   Development     2017  Ltd.          $200,000      4.00%     13/9/2047         224,606       0.00%
     China  Resources    Land  Ltd.                 $206,000      4.13%     26/2/2029         223,383       0.00%
     Prosus  NV                     EUR200,000       1.99%     13/7/2033         221,852       0.00%
     Baidu,  Inc.                       $200,000      4.38%     29/3/2028         221,654       0.00%
     Shimao   Group  Holdings   Ltd.                 $350,000      5.60%     15/7/2026         218,380       0.00%
     CNAC  HK Finbridge   Co.,  Ltd.                $200,000      4.13%     19/7/2027         217,396       0.00%
     Charming   Light  Investments    Ltd.                $200,000      4.38%     21/12/2027         215,945       0.00%
     Baidu,  Inc.                       $200,000      4.13%     30/6/2025         215,089       0.00%
     JD.com,   Inc.                      $200,000      3.88%     29/4/2026         213,744       0.00%
     JD.com,   Inc.                      $200,000      4.13%     14/1/2050         212,406       0.00%
     Export-Import     Bank  of China                 $200,000      2.88%     26/4/2026         210,189       0.00%
     Baidu,  Inc.                       $200,000      3.43%      7/4/2030        209,909       0.00%
     JD.com,   Inc.                      $200,000      3.38%     14/1/2030         208,734       0.00%
     Westwood    Group  Holdings   Ltd.                $200,000      5.38%     19/10/2023         208,714       0.00%
     China  Huadian   Overseas   Development     Management    Co.,
                              $200,000      4.00%      Perpetual        208,418       0.00%
       Ltd.＾
     Baidu,  Inc.                       $200,000      3.88%     29/9/2023         208,164       0.00%
     Baidu,  Inc.                       $200,000      3.08%      7/4/2025        207,520       0.00%
     CNOOC   Finance   2015  USA  LLC                $200,000      3.75%      2/5/2023        206,517       0.00%
     Poly  Real  Estate  Finance   Ltd.                 $200,000      3.88%     25/3/2024         205,024       0.00%
     Sinopec   Capital   2013  Ltd.                  $200,000      3.13%     24/4/2023         204,858       0.00%
     Sunrise   Cayman   Ltd.                    $200,000      5.25%     11/3/2024         204,429       0.00%
     COSCO   Finance   2011  Ltd.                 $200,000      4.00%     3/12/2022         204,350       0.00%
                                 76/362


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     Xiaomi  Best  Time  International    Ltd.               $200,000      4.10%     14/7/2051         203,612       0.00%
     Leading   Affluence   Ltd.                   $200,000      4.50%     24/1/2023         203,497       0.00%
     Three  Gorges   Finance   ICayman   Islands  Ltd.            $200,000      3.20%     16/10/2049         202,079       0.00%
     Kunming   Rail Transit   Group  Co.,  Ltd.              $200,000      3.50%     12/12/2022         201,970       0.00%
     Country   Garden   Holdings   Co.,  Ltd.               $200,000      8.00%     27/1/2024         201,012       0.00%
     Three  Gorges   Finance   ICayman   Islands  Ltd.            $200,000      2.15%     22/9/2030         198,016       0.00%
     Baidu,  Inc.                       $200,000      1.72%      9/4/2026        197,416       0.00%
     China  Government    International    Bond              $200,000      2.25%     21/10/2050         191,883       0.00%
     CNOOC   Finance   2013  Ltd.                 $200,000      3.30%     30/9/2049         187,457       0.00%
     Country   Garden   Holdings   Co.,  Ltd.               $200,000      5.63%     14/1/2030         187,116       0.00%
     Sinopec   Group  Overseas   Development     2012  Ltd.          $150,000      4.88%     17/5/2042         185,221       0.00%
                                                 283,799,212        1.21%
     コロンビア    0.10%  (2020:  0.21%)
     Colombian    TES                  COP17,000,000,000          5.75%     3/11/2027        3,772,477       0.02%
     Colombian    TES                  COP12,000,000,000          7.50%     26/8/2026        2,928,207       0.01%
     Colombian    TES                  COP11,300,000,000          6.00%     28/4/2028        2,509,644       0.01%
     Colombian    TES                  COP9,500,000,000         10.00%      24/7/2024        2,503,281       0.01%
     Colombian    TES                  COP11,000,000,000          7.00%     30/6/2032        2,466,352       0.01%
     Colombian    TES                  COP8,700,000,000          7.75%     18/9/2030        2,083,850       0.01%
     Colombian    TES                  COP7,500,000,000          6.25%     26/11/2025         1,773,082       0.01%
     Colombian    TES                  COP7,100,000,000          7.25%     18/10/2034         1,597,866       0.01%
     SURA  Asset  Management    SA                $1,150,000       4.88%     17/4/2024        1,216,184       0.01%
     Colombian    TES                  COP5,200,000,000          7.25%     26/10/2050         1,100,405       0.00%
     Colombian    TES                  COP3,000,000,000          7.00%     26/3/2031         679,928       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     SURA  Asset  Management    SA                $500,000      4.38%     11/4/2027         536,705       0.00%
                                                  23,167,981        0.10%
     クロアチア    0.03%  (2020:  0.03%)
     Croatia   Government    International    Bond            EUR1,800,000        1.13%     19/6/2029        2,084,125       0.01%
     Croatia   Government    International    Bond             $1,250,000       5.50%      4/4/2023        1,320,277       0.01%
     Croatia   Government    International    Bond             EUR950,000       1.50%     17/6/2031        1,117,817       0.01%
     Croatia   Government    International    Bond             EUR950,000       1.75%      4/3/2041        1,114,876       0.00%
     Croatia   Government    International    Bond             EUR580,000       1.13%      4/3/2033        654,079       0.00%
     Croatia   Government    International    Bond              $500,000      6.00%     26/1/2024         547,902       0.00%
                                                  6,839,076       0.03%
     チェコ共和国     0.17%  (2020:  0.16%)
     Czech  Republic   Government    Bond             CZK150,000,000         2.75%     23/7/2029        6,714,517       0.03%
     Czech  Republic   Government    Bond             CZK168,150,000         1.20%     13/3/2031        6,621,155       0.03%
     Czech  Republic   Government    Bond             CZK116,840,000         0.25%     10/2/2027        4,611,113       0.02%
     Czech  Republic   Government    Bond             CZK98,000,000         2.40%     17/9/2025        4,340,611       0.02%
     Czech  Republic   Government    Bond             CZK82,000,000         0.95%     15/5/2030        3,197,503       0.01%
     Czech  Republic   Government    Bond             CZK50,000,000         2.00%     13/10/2033         2,096,364       0.01%
     Czech  Republic   Government    Bond             CZK50,000,000         1.50%     24/4/2040        1,865,785       0.01%
     Czech  Republic   Government    Bond             CZK42,090,000         0.45%     25/10/2023         1,820,304       0.01%
     EP Infrastructure     A.S.                 EUR1,260,000        1.82%      2/3/2031        1,433,898       0.01%
     Czech  Republic   Government    Bond             CZK25,000,000         4.20%     4/12/2036        1,337,295       0.01%
     Czech  Republic   Government    Bond             CZK30,000,000         1.00%     26/6/2026        1,244,257       0.01%
     CEZ  A.S.                      EUR1,000,000        0.88%     2/12/2026        1,159,564       0.00%
     EP Infrastructure     A.S.                  EUR700,000       1.66%     26/4/2024         817,974       0.00%
     CEZ  A.S.                      EUR500,000       3.00%      5/6/2028        647,107       0.00%
                                 77/362

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     CPI Property   Group  SA                 EUR400,000       1.50%     27/1/2031         436,714       0.00%
     Czech  Republic   Government    Bond              CZK8,000,000        5.70%     25/5/2024         383,394       0.00%
     EP Infrastructure     A.S.                  EUR300,000       2.05%     9/10/2028         356,548       0.00%
     CEZ  A.S.                      EUR200,000       4.88%     16/4/2025         262,821       0.00%
     Czech  Republic   Government    Bond              CZK5,000,000        2.50%     25/8/2028         220,293       0.00%
     CPI Property   Group  SA                 GBP100,000       2.75%     22/1/2028         135,436       0.00%
                                                  39,702,653        0.17%
     デンマーク    0.48%  (2020:  0.45%)
     Denmark   Government    Bond              DKK(kr)120,000,000          0.00%     15/11/2031        18,231,907        0.08%
     Denmark   Government    Bond              DKK(kr)45,850,000          4.50%     15/11/2039        12,436,036        0.05%
     Denmark   Government    Bond              DKK(kr)66,800,000          0.50%     15/11/2029        10,689,564        0.05%
     Nykredit   Realkredit    A/S               DKK(kr)46,053,000          2.00%      1/1/2025        7,493,968       0.03%
     Danske   Mortgage   Bank  plc               EUR4,700,000        0.01%     24/11/2026         5,357,988       0.02%
     Denmark   Government    Bond              DKK(kr)31,000,000          1.75%     15/11/2025         5,131,393       0.02%
     Nykredit   Realkredit    A/S               DKK(kr)31,815,000          1.00%      1/7/2026        5,062,701       0.02%
     AP Moller-Maersk     A/S                 EUR3,300,000        1.75%     16/3/2026        3,974,350       0.02%
     Denmark   Government    Bond              DKK(kr)23,000,000          0.50%     15/11/2027         3,664,026       0.02%
     Danske   Bank  A/S                   EUR2,300,000        1.38%     24/5/2022        2,633,630       0.01%
     Orsted   A/S                     GBP1,600,000        2.50%     16/5/2033        2,326,061       0.01%
     AP Moller-Maersk     A/S                 GBP1,500,000        4.00%      4/4/2025        2,194,428       0.01%
     Danske   Bank  A/S＾                   EUR1,800,000        0.01%     10/11/2024         2,048,632       0.01%
     Danske   Bank  A/S＾                   EUR1,600,000        1.38%     12/2/2030        1,845,422       0.01%
     Orsted   A/S                     EUR1,500,000        1.50%     26/11/2029         1,835,633       0.01%
     Kommunekredit                       EUR1,400,000        0.13%     28/8/2023        1,606,440       0.01%
     Orsted   A/S＾                     GBP1,200,000        2.50%     18/2/3021        1,589,134       0.01%
     Kommunekredit                       EUR1,320,000        0.00%      3/3/2031        1,464,390       0.01%
     Nykredit   Realkredit    A/S                 EUR1,200,000        0.75%     20/1/2027        1,378,713       0.01%
     Danske   Bank  A/S                   EUR1,100,000        0.88%     22/5/2023        1,266,113       0.01%
     Danske   Bank  A/S＾                   EUR1,075,000        0.50%     27/8/2025        1,231,144       0.01%
     Sydbank   A/S                    EUR1,000,000        1.38%     18/9/2023        1,164,329       0.01%
     Kommunekredit                       EUR1,000,000        0.50%     24/1/2025        1,162,069       0.01%
     ISS Global  A/S                    EUR1,000,000        0.88%     18/6/2026        1,146,398       0.01%
     Danske   Mortgage   Bank  plc               EUR1,000,000        0.01%     14/1/2028        1,134,403       0.01%
     Denmark   Government    Bond              DKK(kr)7,000,000         1.50%     15/11/2023         1,112,389       0.01%
     Danske   Bank  A/S＾                    $1,000,000       1.55%     10/9/2027         976,389       0.00%
     Denmark   Government    Bond              DKK(kr)5,000,000         7.00%     10/11/2024         929,058       0.00%
     Carlsberg   Breweries   A/S                 EUR800,000       0.38%     30/6/2027         909,962       0.00%
     Sydbank   A/S＾                     EUR800,000       0.50%     10/11/2026         909,261       0.00%
     Carlsberg   Breweries   A/S                 EUR700,000       2.50%     28/5/2024         839,123       0.00%
     Orsted   A/S＾                     EUR700,000       2.25%     24/11/3017         825,581       0.00%
     Danske   Bank  A/S＾                     $750,000      0.98%     10/9/2025         738,133       0.00%
     Danske   Bank  A/S                   EUR550,000       0.63%     26/5/2025         634,297       0.00%
     Danske   Bank  A/S＾                   EUR500,000       2.50%     21/6/2029         595,100       0.00%
     Jyske  Realkredit    A/S                  EUR500,000       0.50%     1/10/2026         581,475       0.00%
     Danfoss   Finance   IBV                  EUR500,000       0.13%     28/4/2026         563,898       0.00%
     AP Moller-Maersk     A/S                  EUR473,000       0.75%     25/11/2031         533,298       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Kommunekredit                        EUR400,000       0.88%     3/11/2036         473,817       0.00%
     Orsted   A/S＾                     EUR400,000       1.75%     9/12/3019         464,750       0.00%
     Nykredit   Realkredit    A/S                 EUR400,000       0.25%     20/1/2023         456,667       0.00%
                                 78/362


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     Danfoss   Finance   II BV                  EUR400,000       0.75%     28/4/2031         448,326       0.00%
     Danske   Bank  A/S                     $400,000      4.38%     12/6/2028         447,010       0.00%
     Danske   Bank  A/S＾                   EUR375,000       1.00%     15/5/2031         424,162       0.00%
     Danske   Bank  A/S                     $400,000      3.88%     12/9/2023         416,748       0.00%
     Kommunekredit                        EUR300,000       0.25%     29/3/2023         344,393       0.00%
     AP Moller-Maersk     A/S                   $250,000      3.88%     28/9/2025         268,276       0.00%
     Danske   Bank  A/S＾                     $225,000      3.24%     20/12/2025         234,010       0.00%
     Danske   Bank  A/S                     $200,000      5.38%     12/1/2024         215,370       0.00%
     AP Moller-Maersk     A/S                   $175,000      4.50%     20/6/2029         199,022       0.00%
     Orsted   A/S                     GBP100,000       4.88%     12/1/2032         174,466       0.00%
     Nykredit   Realkredit    A/S                DKK(kr)316,181         2.00%     1/10/2047         50,111      0.00%
     Nykredit   Realkredit    A/S                DKK(kr)135,047         3.00%     1/10/2031         21,779      0.00%
     Nordea   Kredit  Realkreditaktieselskab                  DKK(kr)27,186        3.50%     1/10/2044          4,697      0.00%
                                                 112,860,440        0.48%
     エストニア    0.00%  (2020:  0.00%)
     Luminor   Bank  A/S＾                   EUR800,000       0.54%     23/9/2026         909,961       0.00%
                                                   909,961       0.00%
     フィンランド    0.39%  (2020:  0.54%)
     Finland   Government    Bond                EUR11,300,000        0.75%     15/4/2031        13,717,063        0.06%
     Finland   Government    Bond                EUR8,363,000        0.13%     15/9/2031        9,544,900       0.04%
     Finland   Government    Bond                EUR6,000,000        0.00%     15/9/2030        6,821,784       0.03%
     Finland   Government    Bond                EUR4,599,000        0.50%     15/9/2029        5,474,161       0.02%
     Finland   Government    Bond                EUR3,200,000        0.88%     15/9/2025        3,824,111       0.02%
     OP Corporate    Bank  plc                EUR2,935,000        0.38%     16/6/2028        3,287,977       0.02%
     Finland   Government    Bond                EUR2,250,000        0.00%     15/9/2023        2,584,089       0.01%
     OP Corporate    Bank  plc                EUR2,000,000        0.13%      1/7/2024        2,287,612       0.01%
     Kuntarahoitus     OYJ                  EUR1,850,000        0.63%     26/11/2026         2,177,564       0.01%
     Finland   Government    Bond                EUR1,800,000        2.00%     15/4/2024        2,172,676       0.01%
     Kuntarahoitus     OYJ                  EUR1,900,000        0.00%      2/3/2031        2,120,562       0.01%
     Nordea   Bank  Abp＾                    $1,700,000       4.63%     13/9/2033        1,882,179       0.01%
     OP Corporate    Bank  plc＾                EUR1,600,000        1.63%      9/6/2030        1,861,874       0.01%
     Nordea   Bank  Abp＾                   EUR1,500,000        0.63%     18/8/2031        1,691,737       0.01%
     OP Corporate    Bank  plc                EUR1,500,000        0.38%     8/12/2028        1,679,414       0.01%
     Sampo  OYJ＾                     EUR1,240,000        2.50%      3/9/2052        1,473,581       0.01%
     OP Corporate    Bank  plc                EUR1,200,000        0.10%     16/11/2027         1,344,906       0.01%
     Kuntarahoitus     OYJ                  EUR1,100,000        0.13%      7/3/2024        1,264,610       0.01%
     Kuntarahoitus     OYJ                  EUR1,040,000        0.00%     14/10/2030         1,166,348       0.01%
     Finnvera   OYJ                    EUR1,000,000        0.50%     13/4/2026        1,165,479       0.01%
     Nordea   Bank  Abp                   EUR1,000,000        0.50%     14/5/2027        1,155,383       0.01%
     Nordea   Bank  Abp                   EUR1,000,000        0.38%     28/5/2026        1,152,744       0.01%
     Finland   Government    Bond                EUR1,000,000        0.25%     15/9/2040        1,109,373       0.01%
     Finland   Government    Bond                 EUR800,000       4.00%      4/7/2025        1,056,051       0.01%
     Finland   Government    Bond                 EUR575,000       2.63%      4/7/2042        947,495       0.01%
     Elenia  Verkko   OYJ                   EUR800,000       0.38%      6/2/2027        904,973       0.01%
     Kuntarahoitus     OYJ                    $850,000      0.88%      2/9/2026        832,377       0.00%
     Finland   Government    International    Bond              $800,000      0.88%     20/5/2030         760,184       0.00%
     Finnvera   OYJ                     EUR650,000       0.38%      9/4/2029        753,049       0.00%
     Kojamo   OYJ                     EUR600,000       1.88%     27/5/2027         718,701       0.00%
     Nordea   Bank  Abp                   EUR600,000       0.88%     26/6/2023         692,827       0.00%
     Finnvera   OYJ                      $700,000      1.13%     27/10/2026         692,137       0.00%
     Finland   Government    Bond                 EUR500,000       2.75%      4/7/2028        680,455       0.00%
     Kojamo   OYJ                     EUR600,000       0.88%     28/5/2029         672,833       0.00%
                                 79/362

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     Sampo  OYJ＾                      EUR500,000       3.38%     23/5/2049         637,666       0.00%
     Nordea   Bank  Abp                     $600,000      3.75%     30/8/2023         626,763       0.00%
     Kuntarahoitus     OYJ                    $600,000      0.38%      1/9/2023        596,312       0.00%
     OP Corporate    Bank  plc                 EUR500,000       0.38%     26/2/2024         575,033       0.00%
     Kuntarahoitus     OYJ                   EUR500,000       0.05%      6/9/2029        567,025       0.00%
     Transmission     Finance   DAC                 EUR500,000       0.38%     18/6/2028         560,491       0.00%
     Nordea   Bank  Abp＾                   GBP400,000       1.63%     9/12/2032         521,115       0.00%
     Finnvera   OYJ                      $500,000      2.38%      4/6/2025        519,942       0.00%
     Finnvera   OYJ                      $500,000      1.63%     23/10/2024         507,999       0.00%
     Nordea   Bank  Abp                     $500,000      1.50%     30/9/2026         491,163       0.00%
     Nordea   Bank  Abp                     $465,000      0.63%     24/5/2024         459,306       0.00%
     OP Corporate    Bank  plc                 EUR400,000       0.38%     19/6/2024         458,458       0.00%
     Kuntarahoitus     OYJ                    $425,000      2.88%      7/3/2023        436,430       0.00%
     Nordea   Bank  Abp                     $400,000      1.00%      9/6/2023        401,282       0.00%
     Stora  Enso  OYJ                    EUR300,000       2.50%      7/6/2027        376,641       0.00%
     Fortum   OYJ                     EUR300,000       2.13%     27/2/2029         376,277       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Citycon   Treasury   BV                  EUR300,000       2.50%     1/10/2024         359,268       0.00%
     Fortum   OYJ                     EUR300,000       1.63%     27/2/2026         359,203       0.00%
     Fortum   OYJ                     EUR300,000       0.88%     27/2/2023         344,965       0.00%
     Kuntarahoitus     OYJ                   EUR300,000       0.00%     15/11/2024         343,830       0.00%
     Nordea   Bank  Abp                     $350,000      0.75%     28/8/2025         341,660       0.00%
     Kuntarahoitus     OYJ                    $300,000      0.63%     20/3/2026         291,724       0.00%
     Kuntarahoitus     OYJ                    $200,000      2.50%     15/11/2023         206,267       0.00%
     Finland   Government    Bond                 EUR150,000       1.50%     15/4/2023         175,401       0.00%
     Elisa  OYJ                      EUR100,000       1.13%     26/2/2026         117,644       0.00%
                                                  90,323,074        0.39%
     フランス   6.15%  (2020:  6.70%)
     French   Republic   Government    Bond  OAT           EUR116,510,000         0.00%     25/2/2024       134,104,736        0.57%
     French   Republic   Government    Bond  OAT           EUR75,299,000        0.00%     25/2/2027        86,791,012        0.37%
     French   Republic   Government    Bond  OAT           EUR64,038,000        0.75%     25/11/2028        77,270,081        0.33%
     French   Republic   Government    Bond  OAT           EUR41,085,000        0.00%     25/11/2030        46,276,708        0.20%
     French   Republic   Government    Bond  OAT           EUR34,542,914        1.25%     25/5/2034        43,468,220        0.19%
     French   Republic   Government    Bond  OAT           EUR32,330,000        0.50%     25/5/2040        35,913,713        0.15%
     French   Republic   Government    Bond  OAT           EUR30,000,000        0.00%     25/2/2026        34,648,511        0.15%
     French   Republic   Government    Bond  OAT           EUR26,000,000        0.50%     25/5/2026        30,688,543        0.13%
     French   Republic   Government    Bond  OAT           EUR24,697,000        2.25%     25/5/2024        30,005,315        0.13%
     French   Republic   Government    Bond  OAT           EUR25,000,000        0.50%     25/5/2025        29,362,136        0.13%
     French   Republic   Government    Bond  OAT           EUR19,700,000        1.75%     25/6/2039        27,053,806        0.12%
     French   Republic   Government    Bond  OAT           EUR23,176,000        0.75%     25/5/2052        25,194,188        0.11%
     French   Republic   Government    Bond  OAT           EUR20,450,000        0.50%     25/6/2044        22,216,656        0.10%
     French   Republic   Government    Bond  OAT           EUR12,280,000        3.25%     25/5/2045        21,547,591        0.09%
     French   Republic   Government    Bond  OAT           EUR16,131,000        1.75%     25/5/2023        18,957,116        0.08%
     French   Republic   Government    Bond  OAT           EUR16,802,000        0.00%     25/11/2031        18,737,113        0.08%
     French   Republic   Government    Bond  OAT           EUR14,500,000        1.00%     25/11/2025        17,398,519        0.08%
     French   Republic   Government    Bond  OAT           EUR15,000,000        0.00%     25/3/2023        17,196,071        0.07%
     French   Republic   Government    Bond  OAT           EUR13,300,000        1.50%     25/5/2031        17,063,765        0.07%
     French   Republic   Government    Bond  OAT           EUR14,580,000        0.00%     25/11/2029        16,594,719        0.07%
     French   Republic   Government    Bond  OAT           EUR6,280,000        4.00%     25/4/2060        14,092,681        0.06%
     French   Republic   Government    Bond  OAT           EUR8,924,000        2.00%     25/5/2048        13,046,916        0.06%
                                 80/362


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     French   Republic   Government    Bond  OAT           EUR6,600,000        4.50%     25/4/2041        12,833,694        0.06%
     French   Republic   Government    Bond  OAT           EUR5,950,000        4.00%     25/4/2055        12,730,382        0.06%
     French   Republic   Government    Bond  OAT           EUR7,100,000        4.75%     25/4/2035        12,692,395        0.06%
     Societe   Generale   SFH  SA               EUR10,400,000        0.01%     2/12/2026        11,860,317        0.05%
     French   Republic   Government    Bond  OAT           EUR9,700,000        1.75%     25/11/2024        11,760,467        0.05%
     Region  of Ile de France                 EUR10,000,000        0.50%     14/6/2025        11,654,842        0.05%
     French   Republic   Government    Bond  OAT           EUR10,000,000        0.00%     25/3/2025        11,547,369        0.05%
     French   Republic   Government    Bond  OAT           EUR12,694,000        0.50%     25/5/2072        11,162,005        0.05%
     French   Republic   Government    Bond  OAT           EUR7,000,000        1.25%     25/5/2036        8,824,843       0.04%
     Dexia  Credit  Local  SA                 EUR7,500,000        0.25%      1/6/2023        8,612,814       0.04%
     French   Republic   Government    Bond  OAT           EUR6,800,000        0.75%     25/5/2028        8,195,408       0.04%
     Aeroports    de Paris                   EUR5,000,000        1.50%      7/4/2025        5,939,763       0.03%
     French   Republic   Government    Bond  OAT           EUR5,425,000        0.75%     25/5/2053        5,829,049       0.03%
     UNEDIC   A.S.SEO                    EUR5,000,000        0.13%     25/11/2024         5,753,913       0.03%
     Agence   Francaise   de Developpement     EPIC           EUR5,000,000        0.13%     15/11/2023         5,741,842       0.03%
     Caisse  d'Amortissement      de la Dette  Sociale           EUR4,400,000        0.00%     25/11/2026         5,037,918       0.02%
     Caisse  Francaise   de Financement    Local            EUR4,200,000        0.01%     27/4/2029        4,738,195       0.02%
     Caisse  d'Amortissement      de la Dette  Sociale           EUR3,900,000        1.38%     25/11/2024         4,655,001       0.02%
     French   Republic   Government    Bond  OAT           EUR2,500,000        4.00%     25/10/2038         4,457,674       0.02%
     Caisse  Francaise   de Financement    Local            EUR4,000,000        0.01%     18/3/2031        4,442,022       0.02%
     Banque   Federative    du Credit  Mutuel   SA           EUR3,500,000        0.75%     15/6/2023        4,037,293       0.02%
     SNCF  Reseau                     EUR3,500,000        0.75%     25/5/2036        4,018,254       0.02%
     Electricite    de France   SA                GBP2,000,000        5.50%     17/10/2041         3,974,429       0.02%
     Agence   Francaise   de Developpement     EPIC           EUR3,500,000        0.13%     29/9/2031        3,889,879       0.02%
     SNCF  Reseau                     EUR3,000,000        0.88%     22/1/2029        3,585,411       0.02%
     Caisse  Francaise   de Financement    Local            EUR3,000,000        0.63%     13/4/2026        3,508,889       0.02%
     Caisse  d'Amortissement      de la Dette  Sociale           EUR3,000,000        0.13%     25/10/2023         3,446,158       0.02%
     Agence   Francaise   de Developpement     EPIC           EUR2,900,000        0.01%     25/11/2028         3,281,196       0.01%
     Agence   Francaise   de Developpement     EPIC           EUR2,800,000        0.25%     21/7/2026        3,238,515       0.01%
     French   Republic   Government    Bond  OAT           EUR2,307,342        1.50%     25/5/2050        3,042,812       0.01%
     Orange   SA                     EUR2,500,000        1.13%     15/7/2024        2,923,168       0.01%
     Cie de Financement    Foncier   SA              EUR2,500,000        0.33%     12/9/2023        2,877,147       0.01%
     Credit  Mutuel   Home  Loan  SFH  SA             EUR2,500,000        0.13%      9/4/2025        2,868,348       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale           EUR2,500,000        0.13%     15/9/2031        2,784,281       0.01%
     French   Republic   Government    Bond  OAT           EUR2,401,000        0.00%     25/2/2023        2,752,163       0.01%
     Arkea  Home  Loans  SFH  SA               EUR2,400,000        0.01%     4/10/2030        2,675,232       0.01%
     Agence   Francaise   de Developpement     EPIC           EUR2,400,000        0.38%     25/5/2036        2,623,453       0.01%
     BNP  Paribas   SA                   EUR2,172,000        1.50%     17/11/2025         2,590,359       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     BPCE  SA                       $2,500,000       2.75%     11/1/2023        2,552,167       0.01%
     Caisse  Francaise   de Financement    Local             EUR2,200,000        0.63%     26/1/2023        2,531,827       0.01%
     Orange   SA                      EUR2,100,000        1.25%      7/7/2027       2,508,545       0.01%
     Cie de Financement    Foncier   SA               EUR1,900,000        4.00%     24/10/2025        2,498,329       0.01%
     Aeroports    de Paris                    EUR2,100,000        1.00%      5/1/2029       2,452,253       0.01%
     Autoroutes    du Sud de la France   SA              EUR2,000,000        1.38%     27/6/2028        2,431,692       0.01%
     Holding   d'Infrastructures      des Metiers   de l'Environnement           EUR2,159,000        0.63%     16/9/2028        2,403,220       0.01%
     Banque   Federative    du Credit  Mutuel   SA            EUR2,000,000        1.88%     18/6/2029        2,401,070       0.01%
     La Banque   Postale   Home  Loan  SFH  SA            EUR2,000,000        0.88%      7/2/2028       2,386,521       0.01%
     Credit  Mutuel   Home  Loan  SFH  SA              EUR2,000,000        2.50%     11/9/2023        2,385,443       0.01%
     BPCE  SA＾                      EUR2,100,000        0.50%     15/9/2027        2,378,853       0.01%
                                 81/362


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     Action  Logement   Services                  EUR2,100,000        0.38%     5/10/2031        2,372,902       0.01%
     Capgemini    SE                     EUR2,000,000        1.13%     23/6/2030        2,361,623       0.01%
     UNEDIC   A.S.SEO                     EUR2,100,000        0.50%     25/5/2036        2,354,366       0.01%
     Sanofi                        EUR2,000,000        1.00%      1/4/2025       2,349,219       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale             $2,400,000       1.38%     20/1/2031        2,331,750       0.01%
     Banque   Federative    du Credit  Mutuel   SA            GBP1,700,000        1.75%     19/12/2024        2,327,149       0.01%
     Societe   Generale   SFH  SA                 EUR2,000,000        0.50%     30/1/2025        2,320,850       0.01%
     Caisse  Francaise   de Financement    Local             EUR2,000,000        0.50%     16/1/2025        2,319,834       0.01%
     Credit  Agricole   Home  Loan  SFH  SA             EUR2,000,000        0.38%     30/9/2024        2,311,628       0.01%
     Electricite    de France   SA                 GBP1,200,000        6.13%      2/6/2034       2,300,023       0.01%
     Bpifrance   SACA                     EUR2,000,000        0.13%     25/11/2023        2,299,765       0.01%
     BNP  Paribas   SA＾                    EUR2,000,000        0.50%     15/7/2025        2,297,634       0.01%
     Bpifrance   SACA                     EUR2,000,000        0.25%     14/2/2023        2,293,008       0.01%
     Banque   Federative    du Credit  Mutuel   SA            EUR2,000,000        0.25%     29/6/2028        2,241,834       0.01%
     Caisse  Francaise   de Financement    Local             EUR2,000,000        0.01%     24/6/2030        2,234,527       0.01%
     UNEDIC   A.S.SEO                     EUR2,000,000        0.01%     25/5/2031        2,218,497       0.01%
     BNP  Paribas   SA＾                     $2,300,000       2.59%     12/8/2035        2,206,105       0.01%
     Bpifrance   SACA                     EUR1,900,000        0.00%     25/5/2028        2,162,255       0.01%
     SFIL  SA                      EUR1,900,000        0.05%      4/6/2029       2,153,344       0.01%
     BNP  Paribas   SA＾                     $2,075,000       3.05%     13/1/2031        2,138,677       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale             $2,200,000       0.38%     23/9/2025        2,131,251       0.01%
     Banque   Federative    du Credit  Mutuel   SA            GBP1,600,000        1.00%     16/7/2026        2,114,475       0.01%
     Orange   SA                      GBP1,400,000        3.25%     15/1/2032        2,108,945       0.01%
     WEA  Finance   LLC/Westfield     UK & Europe   Finance   plc        $1,984,000       3.75%     17/9/2024        2,080,353       0.01%
     BPCE  SFH  SA                    EUR1,800,000        0.01%     8/11/2026        2,049,106       0.01%
     BNP  Paribas   SA                    GBP1,600,000        1.25%     13/7/2031        2,011,043       0.01%
     AXA  SA＾                      EUR1,565,000        3.25%     28/5/2049        1,993,656       0.01%
     Cie Financiere    et Industrielle    des Autoroutes    SA         EUR1,700,000        0.38%      7/2/2025       1,955,237       0.01%
     Unibail-Rodamco-Westfield         SE               EUR1,700,000        0.63%      4/5/2027       1,941,347       0.01%
     Societe   Du Grand  Paris  EPIC                EUR1,800,000        0.30%      2/9/2036       1,939,524       0.01%
     TotalEnergies     Capital   International    SA             EUR1,600,000        1.49%      8/4/2027       1,930,190       0.01%
     Caisse  Nationale   de Reassurance    Mutuelle   Agricole   Groupama       EUR1,500,000        3.38%     24/9/2028        1,902,447       0.01%
     Credit  Agricole   Assurances    SA               EUR1,700,000        1.50%     6/10/2031        1,902,079       0.01%
     Credit  Agricole   SA＾                   EUR1,600,000        1.00%     22/4/2026        1,864,482       0.01%
     TotalEnergies     Capital   International    SA              $1,750,000       3.70%     15/1/2024        1,845,266       0.01%
     Banque   Federative    du Credit  Mutuel   SA            EUR1,600,000        0.13%      5/2/2024       1,827,509       0.01%
     BPCE  SA                      EUR1,500,000        1.00%      1/4/2025       1,751,012       0.01%
     TotalEnergies     Capital   International    SA             EUR1,500,000        0.95%     18/5/2031        1,750,849       0.01%
     Holding   d'Infrastructures      des Metiers   de l'Environnement           EUR1,551,000        0.13%     16/9/2025        1,744,706       0.01%
     Credit  Mutuel   Arkea  SA                 EUR1,300,000        3.38%     11/3/2031        1,740,350       0.01%
     Dexia  Credit  Local  SA                  EUR1,500,000        0.63%      3/2/2024       1,739,875       0.01%
     UNEDIC   A.S.SEO                     EUR1,600,000        0.10%     25/5/2034        1,730,236       0.01%
     Worldline   SA                     EUR1,500,000        0.25%     18/9/2024        1,715,493       0.01%
     Agence   France   Locale                   EUR1,500,000        0.00%     20/9/2027        1,704,967       0.01%
     Danone   SA                      EUR1,500,000        0.00%     1/12/2025        1,704,004       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale             $1,750,000       0.63%     18/2/2026        1,703,317       0.01%
     Societe   Generale   SA＾                  EUR1,500,000        1.13%     30/6/2031        1,701,265       0.01%
     BPCE  SFH  SA                    EUR1,500,000        0.01%     10/11/2027        1,700,638       0.01%
     Banque   Federative    du Credit  Mutuel   SA            EUR1,500,000        1.13%     19/11/2031        1,675,199       0.01%
     Societe   Generale   SA＾                  EUR1,500,000        0.50%     12/6/2029        1,668,661       0.01%
     Caisse  Francaise   de Financement    Local             EUR1,500,000        0.50%     1/10/2046        1,666,376       0.01%
     Sanofi                        EUR1,400,000        1.00%     21/3/2026        1,652,344       0.01%
                                 82/362


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     BNP  Paribas   SA                     $1,600,000       3.50%      1/3/2023       1,647,186       0.01%
     Societe   Du Grand  Paris  EPIC                EUR1,600,000        1.00%     18/2/2070        1,636,256       0.01%
     TotalEnergies     SE＾                   EUR1,400,000        1.75%      Perpetual       1,621,162       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale             $1,700,000       1.00%     21/10/2030        1,605,813       0.01%
     Aeroports    de Paris                    EUR1,300,000        2.13%     2/10/2026        1,600,895       0.01%
     Air Liquide   Finance   SA                  EUR1,400,000        0.38%     27/5/2031        1,592,175       0.01%
     Bouygues   SA                     EUR1,400,000        0.50%     11/2/2030        1,578,413       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale            EUR1,300,000        4.13%     25/4/2023        1,567,431       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Societe   Du Grand  Paris  EPIC               EUR1,400,000        1.00%     26/11/2051         1,539,799       0.01%
     Air Liquide   Finance   SA                  $1,500,000       2.25%     27/9/2023        1,531,274       0.01%
     BPCE  SA                      $1,500,000       2.38%     14/1/2025        1,526,460       0.01%
     Credit  Mutuel   Arkea  SA                EUR1,300,000        1.25%     31/5/2024        1,521,308       0.01%
     SNCF  Reseau                     EUR1,200,000        1.50%     29/5/2037        1,515,193       0.01%
     BPCE  SA                     EUR1,300,000        0.63%     26/9/2024        1,502,633       0.01%
     Credit  Mutuel   Arkea  SA                EUR1,300,000        0.88%     25/10/2031         1,474,502       0.01%
     Caisse  de Refinancement     de l'Habitat   SA           EUR1,300,000        0.01%      7/2/2028        1,472,561       0.01%
     Engie  SA                     EUR1,200,000        1.75%     27/3/2028        1,471,296       0.01%
     LVMH  Moet  Hennessy   Louis  Vuitton   SE           EUR1,300,000        0.13%     11/2/2028        1,471,168       0.01%
     Alstom   SA                     EUR1,300,000        0.13%     27/7/2027        1,458,589       0.01%
     BNP  Paribas   SA＾                   EUR1,200,000        2.13%     23/1/2027        1,455,243       0.01%
     Banque   Federative    du Credit  Mutuel   SA           EUR1,300,000        0.25%     19/7/2028        1,442,862       0.01%
     Bpifrance   SACA                    EUR1,200,000        0.63%     25/5/2026        1,412,593       0.01%
     Credit  Mutuel   Home  Loan  SFH  SA             EUR1,200,000        0.63%      2/2/2026        1,403,037       0.01%
     Banque   Federative    du Credit  Mutuel   SA           EUR1,200,000        0.75%     17/7/2025        1,393,274       0.01%
     Arkema   SA                    EUR1,200,000        0.13%     14/10/2026         1,366,529       0.01%
     Banque   Federative    du Credit  Mutuel   SA           EUR1,200,000        0.63%     3/11/2028        1,361,045       0.01%
     Engie  SA                     EUR1,200,000        1.00%     26/10/2036         1,355,211       0.01%
     Electricite    de France   SA                EUR1,200,000        1.00%     29/11/2033         1,353,200       0.01%
     Electricite    de France   SA                 EUR900,000       4.63%     26/4/2030        1,349,168       0.01%
     Societe   Du Grand  Paris  EPIC               EUR1,200,000        0.30%     25/11/2031         1,347,911       0.01%
     LVMH  Moet  Hennessy   Louis  Vuitton   SE           GBP1,000,000        1.13%     11/2/2027        1,337,575       0.01%
     AXA  SA＾                      GBP800,000       5.63%     16/1/2054        1,327,105       0.01%
     French   Republic   Government    Bond  OAT            EUR825,000       5.50%     25/4/2029        1,325,648       0.01%
     SNCF  Reseau                     EUR1,000,000        1.88%     30/3/2034        1,310,097       0.01%
     Agence   Francaise   de Developpement     EPIC           EUR1,100,000        1.38%     17/9/2024        1,308,211       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale            $1,300,000       1.25%     28/10/2026         1,292,398       0.01%
     Orange   SA                     EUR1,000,000        2.00%     15/1/2029        1,263,595       0.01%
     Credit  Agricole   Home  Loan  SFH  SA            EUR1,000,000        1.38%      3/2/2032        1,256,383       0.01%
     Credit  Agricole   Assurances    SA＾              EUR1,000,000        4.25%      Perpetual        1,247,019       0.01%
     Sanofi                       EUR1,000,000        1.25%     21/3/2034        1,226,976       0.01%
     Caisse  de Refinancement     de l'Habitat   SA           EUR1,000,000        3.90%     20/10/2023         1,224,736       0.01%
     Airbus  SE                     EUR1,000,000        1.63%      9/6/2030        1,219,993       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale           EUR1,100,000        0.00%     25/5/2031        1,216,621       0.01%
     Bpifrance   SACA                    EUR1,000,000        2.50%     25/5/2024        1,216,018       0.01%
     Credit  Mutuel   Home  Loan  SFH  SA             EUR1,000,000        1.00%     30/1/2029        1,207,454       0.01%
     Credit  Agricole   Home  Loan  SFH  SA            EUR1,000,000        0.88%     11/8/2028        1,196,090       0.01%
     Airbus  SE                     EUR1,000,000        1.38%      9/6/2026        1,187,139       0.01%
     Caisse  d'Amortissement      de la Dette  Sociale            $1,200,000       0.38%     27/5/2024        1,184,029       0.01%
     Sanofi                       EUR1,000,000        0.88%     21/3/2029        1,181,671       0.01%
                                 83/362


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     Credit  Agricole   SA                  EUR1,000,000        1.00%      3/7/2029        1,180,684       0.01%
     Societe   Generale   SA                   $1,150,000       2.63%     22/1/2025        1,178,822       0.01%
     Pernod   Ricard  SA                  EUR1,000,000        1.13%      7/4/2025        1,175,060       0.01%
     Orange   SA                     EUR1,000,000        1.00%     12/9/2025        1,172,905       0.01%
     MMB  SCF  SACA                    EUR1,000,000        0.75%     31/10/2025         1,171,021       0.01%
     Unibail-Rodamco-Westfield         SE              EUR1,000,000        1.13%     15/9/2025        1,165,867       0.01%
     Bpifrance   SACA                    EUR1,000,000        0.50%     25/5/2025        1,165,077       0.01%
     EssilorLuxottica      SA                  EUR1,000,000        0.75%     27/11/2031         1,165,029       0.01%
     BNP  Paribas   SA                   EUR1,000,000        1.13%     22/11/2023         1,164,116       0.01%
     Societe   Generale   SFH  SA                EUR1,000,000        0.50%     28/1/2026        1,163,629       0.01%
     La Poste  SA                    EUR1,000,000        0.63%     21/10/2026         1,163,468       0.01%
     Agence   Francaise   de Developpement     EPIC           EUR1,000,000        0.50%     25/5/2030        1,162,616       0.01%
     Credit  Agricole   Public  Sector  SCF  SA            EUR1,000,000        0.50%     10/10/2025         1,162,477       0.01%
     Electricite    de France   SA                 $1,000,000       4.50%     4/12/2069        1,160,969       0.01%
     TotalEnergies     Capital   International    SA           EUR1,000,000        0.70%     31/5/2028        1,159,333       0.01%
     BPCE  SA                     EUR1,000,000        0.88%     31/1/2024        1,158,513       0.01%
     Credit  Mutuel   Arkea  SA                EUR1,000,000        0.88%     5/10/2023        1,157,177       0.01%
     Cie de Financement    Foncier   SA              EUR1,000,000        0.38%     11/12/2024         1,155,545       0.01%
     BNP  Paribas   SA                    $1,100,000       3.80%     10/1/2024        1,154,892       0.01%
     Arkea  Home  Loans  SFH  SA               EUR1,000,000        0.38%      4/3/2024        1,153,605       0.01%
     Bpifrance   SACA                    EUR1,000,000        0.13%     25/3/2025        1,151,916       0.01%
     Credit  Agricole   Home  Loan  SFH  SA            EUR1,000,000        0.25%     23/2/2024        1,150,861       0.01%
     Cie de Financement    Foncier   SA              EUR1,000,000        0.23%     14/9/2026        1,150,187       0.01%
     Societe   Generale   SFH  SA                EUR1,000,000        0.25%     11/9/2023        1,149,555       0.01%
     Societe   Generale   SA                 EUR1,000,000        0.50%     13/1/2023        1,145,760       0.01%
     La Banque   Postale   SA                 EUR1,000,000        0.25%     12/7/2026        1,138,088       0.01%
     Alstom   SA                     EUR1,000,000        0.25%     14/10/2026         1,137,106       0.01%
     AXA  Home  Loan  SFH  SA                EUR1,000,000        0.05%      5/7/2027        1,137,076       0.01%
     Unibail-Rodamco-Westfield         SE              EUR1,000,000        0.75%     25/10/2028         1,136,060       0.01%
     UNEDIC   A.S.SEO                    EUR1,000,000        0.00%     25/11/2028         1,136,059       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Dexia  Credit  Local  SA                  EUR1,000,000        0.01%     22/1/2027        1,134,743       0.01%
     LVMH  Moet  Hennessy   Louis  Vuitton   SE            EUR1,000,000        0.38%     11/2/2031        1,132,487       0.01%
     BNP  Paribas   SA＾                    EUR1,000,000        0.50%     19/2/2028        1,129,612       0.01%
     Credit  Agricole   Public  Sector  SCF  SA             EUR1,000,000        0.01%     13/9/2028        1,129,330       0.01%
     Legrand   France   SA                     $936,000      8.50%     15/2/2025        1,129,082       0.01%
     Credit  Mutuel   Arkea  SA                 EUR1,000,000        0.38%     3/10/2028        1,128,996       0.01%
     TotalEnergies     SE＾                    EUR1,000,000        1.63%      Perpetual       1,128,400       0.01%
     Electricite    de France   SA＾                  $1,093,000       5.25%      Perpetual       1,126,115       0.01%
     Agence   Francaise   de Developpement     EPIC            EUR1,000,000        0.50%     31/5/2035        1,123,985       0.01%
     APRR  SA                      EUR1,000,000        0.13%     18/1/2029        1,119,241       0.01%
     Klepierre   SA                     EUR1,000,000        0.63%      1/7/2030       1,114,297       0.01%
     UNEDIC   A.S.SEO                     EUR1,000,000        0.00%     19/11/2030        1,113,668       0.01%
     Credit  Agricole   SA＾                    $1,100,000       1.91%     16/6/2026        1,102,500       0.01%
     Orange   SA                      EUR900,000       1.38%     16/1/2030        1,096,530       0.01%
     TotalEnergies     Capital   International    SA             EUR900,000       1.54%     31/5/2039        1,084,658       0.01%
     ELO  SACA                       EUR900,000       2.38%     25/4/2025        1,079,694       0.01%
     BNP  Paribas   SA                     $1,025,000       3.38%      9/1/2025       1,077,703       0.01%
     Aeroports    de Paris                    EUR900,000       1.50%      2/7/2032       1,074,258       0.01%
     Orange   SA                       $700,000      9.00%      1/3/2031       1,072,270       0.01%
                                 84/362


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     Societe   Du Grand  Paris  EPIC                EUR1,100,000        0.70%     15/10/2060        1,057,941       0.01%
     Societe   Nationale   SNCF  SA                EUR1,100,000        1.00%     19/1/2061        1,054,755       0.01%
     Dexia  Credit  Local  SA                   $1,000,000       3.25%     26/9/2023        1,041,633       0.01%
     BPCE  SA                       EUR900,000       0.63%     28/4/2025        1,039,885       0.01%
     Air Liquide   Finance   SA                   $1,000,000       2.50%     27/9/2026        1,036,297       0.01%
     MMS  USA  Holdings,   Inc.                  EUR900,000       0.63%     13/6/2025        1,034,580       0.01%
     Dexia  Credit  Local  SA                   EUR900,000       0.00%     29/5/2024        1,029,767       0.01%
     Airbus  SE                       EUR800,000       2.38%      9/6/2040       1,017,626       0.01%
     La Banque   Postale   Home  Loan  SFH  SA             EUR900,000       0.25%     12/2/2035         995,695      0.01%
     Caisse  Nationale   de Reassurance    Mutuelle   Agricole   Groupama        EUR900,000       0.75%      7/7/2028        991,433      0.01%
     Dexia  Credit  Local  SA                   $1,000,000       1.13%      9/4/2026        990,700      0.01%
     Unibail-Rodamco-Westfield         SE                EUR800,000       2.00%     29/6/2032         984,112      0.01%
     Societe   Generale   SA                    $900,000      4.75%     24/11/2025         979,186      0.01%
     Societe   Generale   SA                    $945,000      3.00%     22/1/2030         977,382      0.01%
     Schneider   Electric   SE                   EUR800,000       1.50%     15/1/2028         975,141      0.01%
     Electricite    de France   SA                  GBP400,000       6.00%     23/1/2114         967,586      0.01%
     SNCF  Reseau                       GBP500,000       5.25%     31/1/2035         963,201      0.01%
     BNP  Paribas   SA＾                      $950,000      2.87%     19/4/2032         962,451      0.01%
     Credit  Agricole   SA                     $890,000      4.38%     17/3/2025         957,776      0.00%
     Credit  Agricole   Assurances    SA                EUR800,000       2.00%     17/7/2030         939,520      0.00%
     Electricite    de France   SA＾                  EUR800,000       3.38%      Perpetual        939,359      0.00%
     Electricite    de France   SA＾                  EUR800,000       2.88%      Perpetual        932,683      0.00%
     Credit  Mutuel   Arkea  SA                  EUR800,000       0.88%      7/5/2027        931,996      0.00%
     Banque   Federative    du Credit  Mutuel   SA             EUR800,000       0.75%      8/6/2026        928,477      0.00%
     Veolia  Environnement     SA                  EUR800,000       0.89%     14/1/2024         925,968      0.00%
     TotalEnergies     Capital   International    SA             EUR800,000       0.63%     4/10/2024         925,932      0.00%
     Orange   SA＾                      EUR800,000       1.75%      Perpetual        924,613      0.00%
     UNEDIC   A.S.SEO                      EUR800,000       0.25%     25/11/2029         919,003      0.00%
     Cie de Financement    Foncier   SA               EUR800,000       0.25%     11/4/2023         918,038      0.00%
     Societe   Generale   SA                   EUR800,000       0.75%     25/1/2027         916,124      0.00%
     Caisse  de Refinancement     de l'Habitat   SA            EUR800,000       0.13%     30/4/2027         914,696      0.00%
     Bpifrance   SACA                      EUR800,000       0.25%     29/3/2030         914,485      0.00%
     LVMH  Moet  Hennessy   Louis  Vuitton   SE            EUR800,000       0.00%     11/2/2024         912,811      0.00%
     Dexia  Credit  Local  SA                   EUR800,000       0.00%     21/1/2028         903,215      0.00%
     Bpifrance   SACA                      EUR800,000       0.05%     26/9/2029         900,865      0.00%
     Engie  SA                       EUR800,000       0.38%     26/10/2029         899,443      0.00%
     BPCE  SA                        $850,000      3.50%     23/10/2027         899,215      0.00%
     Region  of Ile de France                    EUR800,000       0.10%      2/7/2030        898,629      0.00%
     Engie  SA                       EUR800,000       0.00%      4/3/2027        894,845      0.00%
     AXA  SA＾                       EUR700,000       3.38%      6/7/2047        891,229      0.00%
     Orange   SA                      EUR800,000       0.50%      4/9/2032        888,145      0.00%
     RTE  Reseau   de Transport   d'Electricite    SADIR            EUR800,000       1.13%      9/9/2049        878,748      0.00%
     Electricite    de France   SA                   $675,000      5.00%     21/9/2048         877,945      0.00%
     APRR  SA                       EUR700,000       1.50%     25/1/2030         863,611      0.00%
     Vinci  SA                       EUR700,000       1.63%     18/1/2029         862,399      0.00%
     ELO  SACA                       EUR700,000       2.88%     29/1/2026         860,576      0.00%
     Aeroports    de Paris                    EUR700,000       3.13%     11/6/2024         857,878      0.00%
     Autoroutes    du Sud de la France   SA              EUR700,000       1.38%     21/2/2031         853,749      0.00%
     Arkema   SA                      EUR700,000       1.50%     20/4/2027         845,131      0.00%
     TotalEnergies     Capital   International    SA              $800,000      2.83%     10/1/2030         840,466      0.00%
     Regie  Autonome    des Transports    Parisiens              EUR700,000       0.88%     25/5/2027         834,192      0.00%
     Electricite    de France   SA                  EUR700,000       2.75%     10/3/2023         824,743      0.00%
                                 85/362

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                             元本       利率      償還日
                                                （米ドル）        比率
     Engie  SA                      EUR700,000       1.38%     21/6/2039         823,728       0.00%
     UNEDIC   A.S.SEO                     EUR700,000       0.50%     20/3/2029         821,799       0.00%
     Danone   SA                     EUR700,000       0.71%     3/11/2024         811,917       0.00%
     Worldline   SA                     EUR700,000       0.50%     30/6/2023         803,204       0.00%
     Caisse  Centrale   du Credit  Immobilier    de France   SA        EUR700,000       0.05%     25/3/2025         802,630       0.00%
     Agence   Francaise   de Developpement     EPIC            EUR700,000       0.25%     29/6/2029         802,242       0.00%
     Societe   Nationale   SNCF  SA                EUR800,000       0.88%     28/2/2051         801,143       0.00%
     BPCE  SA                     AU($)1,000,000         4.50%     26/4/2028         794,099       0.00%
     BPCE  SA＾                       $800,000      2.05%     19/10/2027         793,167       0.00%
     BPCE  SA                      EUR700,000       0.75%      3/3/2031        791,076       0.00%
     Legrand   SA                     EUR700,000       0.38%     6/10/2031         790,085       0.00%
     French   Republic   Government    Bond  OAT            EUR553,000       1.75%     25/5/2066         788,392       0.00%
     BNP  Paribas   SA                     $700,000      4.40%     14/8/2028         785,568       0.00%
     Engie  SA                      GBP350,000       5.00%     1/10/2060         785,010       0.00%
     Credit  Agricole   SA                   EUR700,000       0.38%     20/4/2028         783,942       0.00%
     Aeroports    de Paris                   EUR600,000       2.75%      5/6/2028        783,884       0.00%
     Banque   Federative    du Credit  Mutuel   SA            EUR700,000       0.63%     21/2/2031         783,114       0.00%
     Credit  Agricole   SA                    $750,000      3.75%     24/4/2023         777,489       0.00%
     TotalEnergies     SE＾                   EUR700,000       2.13%      Perpetual        767,740       0.00%
     ELO  SACA                      EUR600,000       3.25%     23/7/2027         766,272       0.00%
     Carrefour   SA                     EUR600,000       2.63%     15/12/2027         762,760       0.00%
     Cie de Saint-Gobain                      EUR600,000       2.38%     4/10/2027         759,063       0.00%
     Pernod   Ricard  SA                   EUR600,000       1.75%      8/4/2030        749,188       0.00%
     Unibail-Rodamco-Westfield         SE               EUR700,000       1.75%      1/7/2049        746,503       0.00%
     BNP  Paribas   SA                    EUR620,000       2.38%     20/5/2024         746,163       0.00%
     Caisse  d'Amortissement      de la Dette  Sociale             $705,000      3.38%     20/3/2024         743,459       0.00%
     UNEDIC   A.S.SEO                     EUR600,000       1.25%     21/10/2027         736,374       0.00%
     Banque   Federative    du Credit  Mutuel   SA            EUR600,000       1.75%     15/3/2029         732,942       0.00%
     Societe   Du Grand  Paris  EPIC                EUR600,000       1.13%     25/5/2034         727,093       0.00%
     Agence   Francaise   de Developpement     EPIC            EUR600,000       0.88%     25/5/2031         717,155       0.00%
     La Banque   Postale   SA                  EUR600,000       1.38%     24/4/2029         716,003       0.00%
     Credit  Agricole   SA                   EUR600,000       1.25%     14/4/2026         713,302       0.00%
     Eutelsat   SA                     EUR600,000       2.00%     2/10/2025         707,691       0.00%
     Orange   SA                     EUR600,000       0.88%      3/2/2027        703,767       0.00%
     Carrefour   SA                     EUR600,000       1.00%     17/5/2027         699,978       0.00%
     Unibail-Rodamco-Westfield         SE               EUR600,000       1.38%     4/12/2031         698,749       0.00%
     EssilorLuxottica      SA                  EUR600,000       0.50%      5/6/2028        692,820       0.00%
     BPCE  SA                      EUR600,000       0.63%     26/9/2023         692,004       0.00%
     BNP  Paribas   SA＾                    EUR600,000       0.50%      4/6/2026        688,284       0.00%
     SFIL  SA                      EUR600,000       0.00%     24/5/2024         687,714       0.00%
     RTE  Reseau   de Transport   d'Electricite    SADIR           EUR600,000       1.13%      8/7/2040        686,638       0.00%
     Engie  SA                      EUR600,000       0.38%     28/2/2023         686,577       0.00%
     Schneider   Electric   SE                  EUR600,000       0.00%     12/6/2023         685,068       0.00%
     Orange   SA                      $500,000      5.50%      6/2/2044        685,052       0.00%
     Electricite    de France   SA＾                 EUR600,000       2.63%      Perpetual        684,823       0.00%
     Danone   SA                     EUR600,000       0.40%     10/6/2029         683,950       0.00%
     BPCE  SA                      EUR600,000       0.63%     15/1/2030         681,701       0.00%
     Dassault   Systemes   SE                  EUR600,000       0.13%     16/9/2026         681,548       0.00%
     Westfield   America   Management    Ltd.             GBP500,000       2.63%     30/3/2029         680,240       0.00%
                                 86/362


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     Westfield   America   Management    Ltd.             GBP500,000       2.13%     30/3/2025         679,156       0.00%
     Terega   SA                     EUR600,000       0.88%     17/9/2030         678,387       0.00%
     Pernod   Ricard  SA                    $500,000      5.50%     15/1/2042         677,147       0.00%
     BNP  Paribas   SA＾                    EUR600,000       0.50%      1/9/2028        674,198       0.00%
     Airbus  SE                       $580,000      3.95%     10/4/2047         672,527       0.00%
     Societe   Du Grand  Paris  EPIC                EUR600,000       0.88%     10/5/2046         670,662       0.00%
     Electricite    de France   SA                  $625,000      3.63%     13/10/2025         668,837       0.00%
     Dexia  Credit  Local  SA                   $650,000      1.63%     16/10/2024         660,138       0.00%
     Credit  Agricole   Home  Loan  SFH  SA             EUR500,000       1.50%     28/9/2038         656,810       0.00%
     ICADE                        EUR600,000       0.63%     18/1/2031         652,953       0.00%
     Capgemini    SE                    EUR500,000       2.38%     15/4/2032         651,063       0.00%
     La Poste  SA                     EUR600,000       0.63%     18/1/2036         644,838       0.00%
     Electricite    de France   SA                  $460,000      6.00%     22/1/2114         638,909       0.00%
     RCI  Banque   SA                    EUR554,000       0.75%     10/4/2023         634,282       0.00%
     SNCF  Reseau                      EUR500,000       2.63%     29/12/2025         631,196       0.00%
     Electricite    de France   SA＾                 EUR500,000       5.00%      Perpetual        628,912       0.00%
     SCOR  SE＾                      EUR500,000       3.00%      8/6/2046        622,242       0.00%
     BNP  Paribas   SA                     $650,000      2.82%     26/1/2041         620,816       0.00%
     Electricite    de France   SA                  $500,000      4.88%     22/1/2044         617,672       0.00%
     Danone   SA                      $600,000      2.59%     2/11/2023         615,249       0.00%
     RTE  Reseau   de Transport   d'Electricite    SADIR           EUR500,000       1.50%     27/9/2030         610,884       0.00%
     Societe   Du Grand  Paris  EPIC                EUR500,000       1.13%     22/10/2028         610,215       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     SNCF  Reseau                      EUR500,000       1.13%     25/5/2030         609,402       0.00%
     MMS  USA  Holdings,   Inc.                 EUR500,000       1.75%     13/6/2031         608,116       0.00%
     Electricite    de France   SA                  $500,000      4.88%     21/9/2038         607,631       0.00%
     Electricite    de France   SA                 EUR500,000       2.00%     9/12/2049         604,085       0.00%
     Sanofi                        EUR500,000       1.13%      5/4/2028        600,458       0.00%
     Unibail-Rodamco-Westfield         SE               EUR500,000       2.13%      9/4/2025        600,434       0.00%
     BPCE  SA＾                       $600,000      3.12%     19/10/2032         600,158       0.00%
     Caisse  d'Amortissement      de la Dette  Sociale             $600,000      0.38%     19/5/2023         597,835       0.00%
     Airbus  Finance   BV                   EUR500,000       1.38%     13/5/2031         596,792       0.00%
     Klepierre   SA                     EUR500,000       1.63%     13/12/2032         595,716       0.00%
     RTE  Reseau   de Transport   d'Electricite    SADIR           EUR500,000       1.63%     8/10/2024         592,816       0.00%
     Schneider   Electric   SE                  EUR500,000       1.00%      9/4/2027        592,388       0.00%
     Banque   Federative    du Credit  Mutuel   SA            EUR500,000       1.25%      3/6/2030        589,794       0.00%
     Banque   Federative    du Credit  Mutuel   SA            EUR500,000       1.25%     14/1/2025         588,967       0.00%
     Sodexo   SA                     EUR500,000       1.13%     22/5/2025         588,244       0.00%
     Credit  Mutuel   Arkea  SA＾                 EUR500,000       1.88%     25/10/2029         586,817       0.00%
     BNP  Paribas   Home  Loan  SFH  SA              EUR500,000       0.88%     14/11/2024         586,011       0.00%
     Danone   SA                     EUR500,000       1.00%     26/3/2025         585,773       0.00%
     Societe   Generale   SA                  EUR500,000       1.13%     23/1/2025         585,485       0.00%
     BNP  Paribas   SA                    EUR500,000       1.63%      2/7/2031        584,484       0.00%
     Cie de Financement    Foncier   SA              EUR500,000       0.75%     21/1/2025         584,351       0.00%
     Societe   Generale   SA                  EUR500,000       1.25%     15/2/2024         583,733       0.00%
     Engie  SA                      EUR500,000       0.88%     19/9/2025         583,688       0.00%
     Societe   Generale   SA                  EUR500,000       1.25%     12/6/2030         581,557       0.00%
     Cie de Financement    Foncier   SA              EUR500,000       0.50%      4/9/2024        579,521       0.00%
     Capgemini    SE                    EUR500,000       0.63%     23/6/2025         578,659       0.00%
     Covivio                        EUR500,000       1.13%     17/9/2031         577,856       0.00%
                                 87/362


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     Cie de Saint-Gobain                      EUR500,000       0.63%     15/3/2024         577,840       0.00%
     BNP  Paribas   SA                    EUR500,000       1.13%     15/1/2023         577,591       0.00%
     BPCE  SFH  SA                    EUR500,000       0.38%     21/2/2024         576,845       0.00%
     Dexia  Credit  Local  SA                 EUR500,000       0.75%     25/1/2023         576,166       0.00%
     Cie de Financement    Foncier   SA              EUR500,000       0.63%     10/2/2023         575,623       0.00%
     Credit  Agricole   SA                    $555,000      3.25%     14/1/2030         575,146       0.00%
     Societe   Generale   SFH  SA                EUR500,000       0.50%     20/1/2023         574,675       0.00%
     Credit  Agricole   SA                    $600,000      2.81%     11/1/2041         574,435       0.00%
     AXA  Bank  Europe   SCF                  EUR500,000       0.38%     23/3/2023         574,359       0.00%
     La Poste  SA                     EUR500,000       0.38%     17/9/2027         571,468       0.00%
     Engie  SA                      EUR500,000       0.38%     11/6/2027         569,035       0.00%
     La Mondiale   SAM                    EUR500,000       0.75%     20/4/2026         567,975       0.00%
     AXA  Bank  Europe   SCF                  EUR500,000       0.01%     22/1/2027         567,945       0.00%
     Engie  SA＾                      EUR500,000       1.50%      Perpetual        566,290       0.00%
     Caisse  d'Amortissement      de la Dette  Sociale            EUR500,000       0.00%     25/5/2029         565,495       0.00%
     Safran  SA                      EUR500,000       0.75%     17/3/2031         565,298       0.00%
     Thales  SA                      EUR500,000       0.25%     29/1/2027         562,517       0.00%
     Orange   SA＾                     EUR500,000       1.38%      Perpetual        559,309       0.00%
     Teleperformance                        EUR500,000       0.25%     26/11/2027         558,248       0.00%
     BNP  Paribas   SA                     $510,000      4.38%     28/9/2025         552,474       0.00%
     Alstom   SA                     EUR500,000       0.00%     11/1/2029         547,838       0.00%
     Pernod   Ricard  SA                    $500,000      3.25%      8/6/2026        535,261       0.00%
     Credit  Agricole   SA＾                    $500,000      4.00%     10/1/2033         533,445       0.00%
     Societe   Generale   SA                   $500,000      4.25%     14/4/2025         531,112       0.00%
     Credit  Agricole   SA                    $500,000      3.25%     4/10/2024         525,075       0.00%
     Sodexo,   Inc.                      $500,000      2.72%     16/4/2031         511,943       0.00%
     BPCE  SA＾                       $500,000      3.58%     19/10/2042         509,654       0.00%
     TotalEnergies     Capital   International    SA             $500,000      2.99%     29/6/2041         508,077       0.00%
     BNP  Paribas   SA＾                     $500,000      2.22%      9/6/2026        505,123       0.00%
     Cie de Saint-Gobain                      EUR400,000       1.88%     21/9/2028         499,576       0.00%
     Banque   Federative    du Credit  Mutuel   SA            EUR400,000       2.63%     31/3/2027         495,300       0.00%
     TotalEnergies     SE＾                   EUR400,000       3.37%      Perpetual        494,800       0.00%
     SNCF  Reseau                      GBP200,000       4.83%     25/3/2060         489,386       0.00%
     Engie  SA＾                      EUR400,000       3.25%      Perpetual        488,630       0.00%
     BPCE  SA                      GBP300,000       5.25%     16/4/2029         486,317       0.00%
     Edenred                        EUR400,000       1.88%      6/3/2026        484,436       0.00%
     Covivio                        EUR400,000       1.63%     23/6/2030         480,205       0.00%
     Societe   Fonciere   Lyonnaise    SA               EUR400,000       1.50%      5/6/2027        478,637       0.00%
     TotalEnergies     SE＾                   EUR400,000       2.63%      Perpetual        475,834       0.00%
     TotalEnergies     Capital   International    SA            EUR400,000       1.38%     19/3/2025         474,169       0.00%
     La Poste  SA                     EUR400,000       1.13%      4/6/2025        473,087       0.00%
     MMS  USA  Holdings,   Inc.                 EUR400,000       1.25%     13/6/2028         472,156       0.00%
     Electricite    de France   SA                  $400,000      4.75%     13/10/2035         471,188       0.00%
     Credit  Mutuel   Arkea  SA＾                 EUR400,000       1.25%     11/6/2029         470,479       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     UNEDIC   A.S.SEO                     EUR400,000       0.63%      3/3/2026        469,860       0.00%
     TotalEnergies     SE＾                   EUR400,000       2.71%      Perpetual        466,942       0.00%
     LVMH  Moet  Hennessy   Louis  Vuitton   SE           EUR400,000       0.75%     26/5/2024         463,586       0.00%
     EssilorLuxottica      SA                  EUR400,000       0.25%      5/1/2024        459,254       0.00%
     Agence   Francaise   de Developpement     EPIC            EUR400,000       0.00%     25/3/2025         459,249       0.00%
                                 88/362


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     APRR  SA                      EUR400,000       0.00%     20/1/2023         456,469       0.00%
     Suez  SA＾                      EUR400,000       1.63%      Perpetual        456,365       0.00%
     Dassault   Systemes   SE                  EUR400,000       0.38%     16/9/2029         454,612       0.00%
     AXA  SA                      EUR376,000       1.13%     15/5/2028         453,869       0.00%
     SFIL  SA                      EUR400,000       0.00%     23/11/2028         453,783       0.00%
     Icade  Sante  SACA                    EUR400,000       0.88%     4/11/2029         452,158       0.00%
     Credit  Agricole   SA                   GBP300,000       7.38%     18/12/2023         451,350       0.00%
     Safran  SA                      EUR400,000       0.13%     16/3/2026         450,908       0.00%
     Engie  SA                      EUR400,000       0.50%     24/10/2030         450,003       0.00%
     Electricite    de France   SA＾                 GBP300,000       5.88%      Perpetual        447,045       0.00%
     Orange   SA                     EUR400,000       0.13%     16/9/2029         446,664       0.00%
     Vinci  SA                      EUR400,000       0.00%     27/11/2028         444,239       0.00%
     Orange   SA                     GBP200,000       5.38%     22/11/2050         440,071       0.00%
     SNCF  Reseau                      EUR350,000       4.50%     30/1/2024         438,611       0.00%
     Electricite    de France   SA                  $325,000      5.25%     13/10/2055         436,332       0.00%
     BNP  Paribas   SA                     $400,000      4.38%     12/5/2026         435,031       0.00%
     BNP  Paribas   SA＾                     $400,000      4.38%      1/3/2033        434,455       0.00%
     Cie Generale   des Etablissements     Michelin   SCA          EUR400,000       0.63%     2/11/2040         427,485       0.00%
     TotalEnergies     Capital   International    SA             $400,000      3.13%     29/5/2050         411,007       0.00%
     Sodexo   SA                     GBP300,000       1.75%     26/6/2028         407,819       0.00%
     Banque   Federative    du Credit  Mutuel   SA            GBP300,000       1.25%     5/12/2025         402,150       0.00%
     BNP  Paribas   SA＾                    GBP300,000       2.00%     24/5/2031         400,491       0.00%
     Sodexo,   Inc.                      $400,000      1.63%     16/4/2026         396,526       0.00%
     BNP  Paribas   SA＾                     $400,000      2.16%     15/9/2029         391,839       0.00%
     TotalEnergies     Capital   International    SA            GBP300,000       1.41%      3/9/2031        391,753       0.00%
     BNP  Paribas   SA                     $350,000      4.63%     13/3/2027         386,966       0.00%
     TotalEnergies     Capital   International    SA            EUR300,000       2.50%     25/3/2026         375,007       0.00%
     APRR  SA                      EUR300,000       1.63%     13/1/2032         374,293       0.00%
     Orange   SA＾                     EUR300,000       5.25%      Perpetual        373,956       0.00%
     APRR  SA                      EUR300,000       1.50%     17/1/2033         368,821       0.00%
     Electricite    de France   SA                  $250,000      6.95%     26/1/2039         364,096       0.00%
     TotalEnergies     Capital   International    SA            EUR300,000       1.62%     18/5/2040         363,248       0.00%
     TDF  Infrastructure     SASU                 EUR300,000       2.50%      7/4/2026        362,451       0.00%
     Banque   Federative    du Credit  Mutuel   SA            EUR300,000       2.63%     18/3/2024         361,394       0.00%
     Kering  SA                      EUR300,000       1.25%     10/5/2026         358,784       0.00%
     Holding   d'Infrastructures      de Transport   SASU           EUR300,000       1.63%     18/9/2029         355,566       0.00%
     Atos  SE                      EUR300,000       1.75%      7/5/2025        355,411       0.00%
     Eutelsat   SA                     EUR300,000       2.25%     13/7/2027         355,288       0.00%
     La Mondiale   SAM                    EUR300,000       2.13%     23/6/2031         353,732       0.00%
     Region  of Ile de France                   EUR300,000       0.63%     23/4/2027         353,049       0.00%
     Capgemini    SE                    EUR300,000       2.50%      1/7/2023        352,779       0.00%
     Air Liquide   Finance   SA                 EUR300,000       1.00%      2/4/2025        352,606       0.00%
     Cie de Saint-Gobain                      EUR300,000       1.00%     17/3/2025         351,417       0.00%
     TotalEnergies     Capital   International    SA            EUR300,000       2.13%     15/3/2023         351,394       0.00%
     Orange   SA                     EUR300,000       1.38%      4/9/2049        349,885       0.00%
     TotalEnergies     Capital   International    SA             $325,000      3.39%     29/6/2060         346,386       0.00%
     Sodexo   SA                     EUR300,000       0.50%     17/1/2024         345,267       0.00%
     Bpifrance   SACA                     EUR300,000       0.13%     26/2/2027         345,193       0.00%
     GELF  Bond  Issuer  ISA                 EUR300,000       1.13%     18/7/2029         343,539       0.00%
     Danone   SA                     EUR300,000       0.52%     9/11/2030         341,955       0.00%
     Arkema   SA＾                     EUR300,000       1.50%      Perpetual        341,768       0.00%
     Covivio   Hotels  SACA                   EUR300,000       1.00%     27/7/2029         339,873       0.00%
                                 89/362

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     Terega   SASU                     EUR300,000       0.63%     27/2/2028         337,723       0.00%
     Orange   SA                     EUR300,000       0.75%     29/6/2034         336,396       0.00%
     Orange   SA                     EUR300,000       0.63%     16/12/2033         332,400       0.00%
     Vinci  SA                       $300,000      3.75%     10/4/2029         327,364       0.00%
     Cie Generale   des Etablissements     Michelin   SCA          EUR300,000       0.25%     2/11/2032         326,937       0.00%
     TotalEnergies     Capital   International    SA             $300,000      3.46%     19/2/2029         326,263       0.00%
     Sanofi                         $300,000      3.38%     19/6/2023         310,895       0.00%
     BNP  Paribas   SA＾                     $300,000      7.20%      Perpetual        300,000       0.00%
     Banque   Federative    du Credit  Mutuel   SA             $300,000      0.65%     27/2/2024         296,456       0.00%
     Dexia  Credit  Local  SA                   $300,000      0.50%     16/7/2024         296,004       0.00%
     TotalEnergies     Capital   International    SA             $280,000      2.43%     10/1/2025         289,685       0.00%
     Banque   Federative    du Credit  Mutuel   SA             $275,000      3.75%     20/7/2023         286,896       0.00%
     Orange   SA＾                     GBP200,000       5.75%      Perpetual        284,487       0.00%
     BPCE  SA                       $250,000      4.63%     12/9/2028         284,477       0.00%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Sanofi                          $250,000      3.63%     19/6/2028         281,330       0.00%
     AXA  SA＾                        $200,000      6.38%      Perpetual        276,907       0.00%
     TotalEnergies     Capital   International    SA             GBP200,000       1.75%      7/7/2025        274,871       0.00%
     TotalEnergies     Capital   International    SA              $250,000      3.46%     12/7/2049         270,617       0.00%
     BPCE  SA                       $250,000      3.38%     2/12/2026         268,172       0.00%
     BPCE  SA                       $250,000      3.25%     11/1/2028         266,490       0.00%
     Societe   Generale   SA                    $200,000      5.63%     24/11/2045         266,252       0.00%
     Orange   SA                       $200,000      5.38%     13/1/2042         263,103       0.00%
     BPCE  SA                       $250,000      2.70%     1/10/2029         256,735       0.00%
     French   Republic   Government    Bond  OAT             EUR200,000       8.50%     25/4/2023         254,899       0.00%
     Aeroports    de Paris                    EUR200,000       2.13%     11/10/2038         254,564       0.00%
     Electricite    de France   SA                  $200,000      4.95%     13/10/2045         251,329       0.00%
     Electricite    de France   SA＾                 EUR200,000       5.38%      Perpetual        249,632       0.00%
     Region  of Ile de France                   EUR200,000       1.38%     14/3/2029         247,621       0.00%
     Gecina  SA                      EUR200,000       1.63%     29/5/2034         247,467       0.00%
     Suez  SA                       EUR200,000       1.63%     17/9/2030         247,208       0.00%
     Capgemini    SE                     EUR200,000       1.75%     18/4/2028         245,718       0.00%
     Wendel   SE                      EUR200,000       2.75%     2/10/2024         242,679       0.00%
     Terega   SA                      EUR200,000       2.20%      5/8/2025        242,534       0.00%
     RTE  Reseau   de Transport   d'Electricite    SADIR           EUR200,000       1.63%     27/11/2025         239,999       0.00%
     Imerys  SA                      EUR200,000       2.00%     10/12/2024         238,349       0.00%
     Suez  SA＾                       EUR200,000       2.88%      Perpetual        236,713       0.00%
     In'li SA                       EUR200,000       1.13%      2/7/2029        234,274       0.00%
     Electricite    de France   SA＾                 EUR200,000       3.00%      Perpetual        233,956       0.00%
     Capgemini    SE                     EUR200,000       1.00%     18/10/2024         233,177       0.00%
     TotalEnergies     Capital   Canada   Ltd.                $225,000      2.75%     15/7/2023         231,589       0.00%
     Altarea   SCA                      EUR200,000       1.75%     16/1/2030         222,963       0.00%
     AXA  SA＾                        $200,000      5.13%     17/1/2047         222,257       0.00%
     Imerys  SA                      EUR200,000       1.00%     15/7/2031         222,121       0.00%
     Unibail-Rodamco-Westfield         SE               EUR200,000       0.88%     29/3/2032         219,963       0.00%
     BPCE  SA                       $200,000      5.15%     21/7/2024         216,570       0.00%
     WEA  Finance   LLC/Westfield     UK & Europe   Finance   plc        $200,000      4.75%     17/9/2044         216,143       0.00%
     BPCE  SA                       $200,000      4.50%     15/3/2025         215,565       0.00%
     BPCE  SA                       $200,000      5.70%     22/10/2023         214,996       0.00%
     Societe   Generale   SA                    $200,000      5.00%     17/1/2024         212,736       0.00%
                                 90/362


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     Ile-de-France     Mobilites                    EUR200,000       0.20%     16/11/2035         212,564       0.00%
     La Mondiale   SAM＾                     $200,000      4.80%     18/1/2048         211,442       0.00%
     Electricite    de France   SA＾                  $200,000      5.63%      Perpetual        210,424       0.00%
     Banque   Federative    du Credit  Mutuel   SA             $200,000      2.38%     21/11/2024         204,942       0.00%
     Air Liquide   Finance   SA                   $200,000      2.25%     10/9/2029         201,605       0.00%
     BNP  Paribas   SA＾                    CA($)245,000        2.54%     13/7/2029         192,443       0.00%
     Societe   Nationale   SNCF  SA                EUR150,000       4.63%      2/2/2024        188,337       0.00%
     Engie  SA                      GBP100,000       7.00%     30/10/2028         181,099       0.00%
     TotalEnergies     Capital   SA                  $150,000      3.88%     11/10/2028         167,533       0.00%
     AXA  SA＾                       GBP100,000       5.45%      Perpetual        152,453       0.00%
     WEA  Finance   LLC                     $145,000      2.88%     15/1/2027         149,501       0.00%
     SNCF  Reseau                      EUR100,000       4.25%     7/10/2026         137,228       0.00%
     WEA  Finance   LLC                     $125,000      4.13%     20/9/2028         135,997       0.00%
     WEA  Finance   LLC                     $125,000      4.63%     20/9/2048         133,856       0.00%
     RTE  Reseau   de Transport   d'Electricite    SADIR           EUR100,000       2.75%     20/6/2029         132,722       0.00%
     Electricite    de France   SA                 EUR100,000       4.00%     12/11/2025         130,461       0.00%
     RTE  Reseau   de Transport   d'Electricite    SADIR           EUR100,000       2.00%     18/4/2036         129,117       0.00%
     Region  of Ile de France                   EUR100,000       2.38%     24/4/2026         126,003       0.00%
     TotalEnergies     Capital   International    SA             EUR100,000       2.88%     19/11/2025         125,796       0.00%
     Wendel   SE                      EUR100,000       2.50%      9/2/2027        125,599       0.00%
     Agence   Francaise   de Developpement     EPIC            EUR100,000       2.25%     28/5/2026         125,594       0.00%
     Legrand   SA                      EUR100,000       1.88%     16/12/2027         124,525       0.00%
     Agence   Francaise   de Developpement     EPIC            EUR100,000       2.25%     27/5/2025         123,302       0.00%
     UNEDIC   A.S.SEO                     EUR100,000       2.38%     25/5/2024         121,270       0.00%
     Gecina  SA                      EUR100,000       1.38%     26/1/2028         120,828       0.00%
     Carmila   SA                      EUR100,000       2.38%     16/9/2024         119,858       0.00%
     Suez  SA                       EUR100,000       2.75%     9/10/2023         119,581       0.00%
     Klepierre   SA                     EUR100,000       1.75%     6/11/2024         118,602       0.00%
     RTE  Reseau   de Transport   d'Electricite    SADIR           EUR100,000       1.00%     19/10/2026         117,740       0.00%
     ICADE                        EUR100,000       1.13%     17/11/2025         117,074       0.00%
     Aeroports    de Paris                    EUR100,000       1.50%     24/7/2023         116,185       0.00%
     Air Liquide   Finance   SA                  EUR100,000       0.75%     13/6/2024         116,042       0.00%
     SANEF   SA                      EUR100,000       0.95%     19/10/2028         115,288       0.00%
     TDF  Infrastructure     SASU                  EUR100,000       1.75%     1/12/2029         112,760       0.00%
     Action  Logement   Services                   EUR100,000       0.50%     30/10/2034         111,620       0.00%
     BPCE  SA＾                       $100,000      1.65%     6/10/2026         98,596      0.00%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     BNP  Paribas   SA＾                     $100,000      1.32%     13/1/2027         97,297      0.00%
     Electricite    de France   SA                  EUR50,000       4.63%     11/9/2024         63,888      0.00%
     Credit  Agricole   SA＾                     $50,000      1.25%     26/1/2027         48,584      0.00%
                                                 1,439,304,715         6.15%
     ドイツ  5.77%  (2020:  5.82%)
     Bundesrepublik     Deutschland    Bundesanleihe             EUR105,700,000         0.00%     15/11/2027        123,154,307        0.53%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR62,983,000        0.00%     15/5/2036        71,468,615        0.31%
     Bundesschatzanweisungen                       EUR42,189,000        0.00%     15/12/2023        48,573,191        0.21%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR25,100,000        2.50%     15/8/2046        45,535,691        0.20%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR38,000,000        0.50%     15/2/2026        45,061,604        0.19%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR37,000,000        0.00%     15/8/2031        42,813,056        0.18%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR28,000,000        0.00%     15/11/2028        32,647,157        0.14%
     Bundesobligation                       EUR26,000,000        0.00%     10/4/2026        30,211,384        0.13%
                                 91/362


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     Bundesrepublik     Deutschland    Bundesanleihe              EUR14,550,000        2.50%      4/7/2044       25,773,338        0.11%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR20,000,000        0.50%     15/2/2028        24,028,723        0.10%
     Bundesobligation                       EUR20,000,000        0.00%     14/4/2023        22,949,189        0.10%
     Bundesschatzanweisungen                       EUR19,200,000        0.00%     10/3/2023        22,008,228        0.09%
     Bundesobligation                       EUR16,000,000        0.00%      5/4/2024       18,478,468        0.08%
     DZ HYP  AG                    EUR16,300,000        0.01%     15/11/2030        18,204,022        0.08%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR15,329,000        0.00%     15/5/2035        17,470,525        0.08%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR14,100,000        1.00%     15/8/2024        16,734,015        0.07%
     Aareal  Bank  AG                   EUR11,100,000        0.01%     15/9/2028        12,559,161        0.05%
     Bundesobligation                       EUR10,000,000        0.00%     18/10/2024        11,581,890        0.05%
     State  of North  Rhine-Westphalia      Germany            EUR10,000,000        0.25%     13/3/2026        11,558,010        0.05%
     KFW                        $11,000,000       1.00%     1/10/2026        10,847,412        0.05%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR9,200,000        0.00%     15/8/2050        9,981,867       0.04%
     Bundesobligation                        EUR8,465,000        0.00%     11/4/2025        9,815,476       0.04%
     KFW                        EUR7,000,000        0.00%     30/6/2023        8,032,573       0.03%
     KFW                        EUR7,000,000        0.00%     15/12/2027         8,027,996       0.03%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR5,400,000        1.25%     15/8/2048        7,923,249       0.03%
     KFW                        EUR6,750,000        0.00%     30/9/2026        7,762,515       0.03%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR6,397,000        0.25%     15/2/2029        7,593,291       0.03%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR6,000,000        1.00%     15/8/2025        7,214,305       0.03%
     KFW                        EUR6,000,000        0.13%     24/2/2023        6,882,406       0.03%
     KFW                        EUR5,000,000        0.50%     15/9/2027        5,897,494       0.03%
     KFW                         $5,501,000       2.50%     20/11/2024         5,735,507       0.03%
     Aareal  Bank  AG                   EUR5,000,000        0.01%      3/8/2026        5,700,078       0.02%
     KFW                        EUR4,700,000        0.00%      4/7/2024        5,407,391       0.02%
     Volkswagen    Financial   Services   NV             GBP4,000,000        1.38%     14/9/2028        5,216,703       0.02%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR2,393,856        4.75%      4/7/2040        5,156,186       0.02%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR4,331,000        0.25%     15/2/2027        5,104,191       0.02%
     Land  Baden-Wuerttemberg                      EUR4,550,000        0.01%      9/7/2032        5,030,502       0.02%
     State  of North  Rhine-Westphalia      Germany             EUR4,350,000        0.60%      4/6/2041        4,964,902       0.02%
     KFW                        EUR4,000,000        0.63%      7/1/2028        4,759,717       0.02%
     Landwirtschaftliche       Rentenbank                 EUR4,000,000        0.50%     28/2/2029        4,711,404       0.02%
     Landwirtschaftliche       Rentenbank                 EUR4,100,000        0.05%     31/1/2031        4,634,595       0.02%
     KFW                        EUR4,000,000        0.00%      2/4/2024        4,603,582       0.02%
     State  of Rhineland-Palatinate                     EUR4,000,000        0.01%     16/1/2023        4,576,968       0.02%
     State  of Saxony-Anhalt                     EUR4,000,000        0.01%     9/11/2026        4,574,875       0.02%
     DZ HYP  AG                     EUR4,000,000        0.01%     26/10/2026         4,561,801       0.02%
     Deutsche   Bahn  Finance   GmbH               AU($)5,720,000        3.50%     27/9/2024        4,369,615       0.02%
     State  of North  Rhine-Westphalia      Germany             EUR3,800,000        0.20%      9/4/2030        4,353,523       0.02%
     E.ON  SE                      EUR3,500,000        1.63%     22/5/2029        4,312,789       0.02%
     Bundesschatzanweisungen                        EUR3,725,000        0.00%     15/9/2023        4,284,138       0.02%
     E.ON  SE                      EUR3,500,000        0.38%     20/4/2023        4,010,529       0.02%
     Landwirtschaftliche       Rentenbank                 EUR3,400,000        0.00%     28/9/2026        3,895,832       0.02%
     KFW                         $4,000,000       0.38%     18/7/2025        3,894,579       0.02%
     KFW                        EUR3,400,000        0.00%     15/6/2029        3,877,286       0.02%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR3,500,000        0.00%     15/8/2052        3,754,223       0.02%
     Landwirtschaftliche       Rentenbank                  $3,504,000       2.00%     13/1/2025        3,601,848       0.02%
     Deutsche   Pfandbriefbank     AG               EUR3,100,000        0.01%     25/8/2026        3,534,164       0.02%
     State  of Lower  Saxony                   EUR3,125,000        0.01%     10/1/2031        3,505,515       0.02%
     State  of North  Rhine-Westphalia      Germany             EUR3,000,000        0.50%     16/4/2026        3,503,854       0.02%
     Landeskreditbank       Baden-Wuerttemberg        Foerderbank          EUR3,000,000        0.38%     13/4/2026        3,475,729       0.02%
     KFW                        EUR3,000,000        0.00%     15/6/2026        3,451,225       0.02%
                                 92/362


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     Landesbank    Baden-Wuerttemberg                    EUR3,000,000        0.38%     24/5/2024        3,444,934       0.02%
     Landwirtschaftliche       Rentenbank                 EUR3,020,000        0.00%     19/7/2028        3,442,356       0.02%
     NRW  Bank                      EUR3,000,000        0.13%      7/7/2023        3,441,446       0.02%
     Landwirtschaftliche       Rentenbank                 EUR3,000,000        0.00%     13/12/2028         3,414,949       0.02%
     KFW                        EUR3,000,000        0.38%     20/5/2036        3,412,024       0.02%
     Landeskreditbank       Baden-Wuerttemberg        Foerderbank         AU($)4,204,000        4.25%      7/8/2025        3,339,307       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     ING-DiBa   AG                    EUR2,900,000        0.01%     7/10/2028        3,287,091       0.01%
     FMS  Wertmanagement                     GBP2,400,000        1.13%      7/9/2023        3,265,769       0.01%
     KFW                        $3,000,000       2.88%      3/4/2028        3,256,946       0.01%
     Daimler   International    Finance   BV             EUR2,500,000        2.63%      7/4/2025        3,087,838       0.01%
     Daimler   AG                    EUR2,500,000        1.63%     22/8/2023        2,930,437       0.01%
     Landwirtschaftliche       Rentenbank                 EUR2,500,000        0.38%     22/1/2024        2,888,530       0.01%
     Volkswagen    Leasing   GmbH                EUR2,500,000        0.50%     12/1/2029        2,787,352       0.01%
     State  of North  Rhine-Westphalia      Germany            EUR2,100,000        1.50%     12/6/2040        2,779,952       0.01%
     Landwirtschaftliche       Rentenbank                 GBP2,000,000        1.13%     15/12/2023         2,721,352       0.01%
     State  of Lower  Saxony                  EUR2,365,000        0.00%     11/2/2027        2,698,262       0.01%
     Siemens   Financieringsmaatschappij         NV            EUR2,300,000        0.38%      5/6/2026        2,654,468       0.01%
     State  of North  Rhine-Westphalia      Germany            EUR2,200,000        0.95%     13/3/2028        2,649,912       0.01%
     BMW  US Capital   LLC                   $2,650,000       0.80%      1/4/2024        2,632,270       0.01%
     E.ON  International    Finance   BV              GBP1,500,000        4.75%     31/1/2034        2,576,944       0.01%
     EnBW  International    Finance   BV              EUR2,300,000        0.13%      1/3/2028        2,570,022       0.01%
     State  of North  Rhine-Westphalia      Germany            EUR2,250,000        0.50%     15/1/2052        2,477,566       0.01%
     Volkswagen    Financial   Services   AG             EUR2,000,000        3.00%      6/4/2025        2,473,894       0.01%
     Gemeinsame    Deutsche   Bundeslaender                EUR2,100,000        0.50%      5/2/2025        2,443,008       0.01%
     KFW                        $2,500,000       0.63%     22/1/2026        2,438,759       0.01%
     Landwirtschaftliche       Rentenbank                 EUR2,000,000        0.63%     18/5/2027        2,362,767       0.01%
     HeidelbergCement      Finance   Luxembourg    SA          EUR2,000,000        1.13%     1/12/2027        2,354,610       0.01%
     NRW  Bank                     EUR2,000,000        0.63%      4/1/2028        2,354,211       0.01%
     Deutsche   Post  AG                  EUR2,000,000        0.75%     20/5/2029        2,349,948       0.01%
     Landwirtschaftliche       Rentenbank                 EUR2,000,000        0.50%      6/3/2025        2,329,050       0.01%
     KFW                       EUR2,000,000        0.25%     15/9/2025        2,322,930       0.01%
     Gemeinsame    Deutsche   Bundeslaender                EUR2,000,000        0.38%     17/4/2025        2,318,565       0.01%
     Land  Berlin                     EUR2,000,000        0.63%     25/8/2036        2,316,627       0.01%
     Deutsche   Pfandbriefbank     AG               EUR2,000,000        0.50%     22/5/2024        2,315,100       0.01%
     EnBW  International    Finance   BV              EUR2,000,000        0.63%     17/4/2025        2,310,503       0.01%
     Norddeutsche      Landesbank-Girozentrale                  EUR2,000,000        0.38%     9/10/2024        2,310,000       0.01%
     BMW  Finance   NV                  EUR2,000,000        0.63%     6/10/2023        2,308,302       0.01%
     Free  & Hanseatic   City  of Hamburg               EUR2,000,000        0.25%     20/1/2025        2,308,171       0.01%
     Gemeinsame    Deutsche   Bundeslaender                EUR2,000,000        0.25%     18/3/2024        2,305,885       0.01%
     Gemeinsame    Deutsche   Bundeslaender                EUR2,000,000        0.13%     14/4/2023        2,293,966       0.01%
     State  of Hesse                    EUR2,000,000        0.00%     15/9/2024        2,291,851       0.01%
     State  of North  Rhine-Westphalia      Germany            EUR2,000,000        0.00%      5/5/2025        2,291,730       0.01%
     Land  Berlin                     EUR2,000,000        0.00%     11/12/2024         2,291,637       0.01%
     Commerzbank     AG                  EUR2,000,000        0.13%     15/12/2026         2,289,699       0.01%
     KFW                       EUR1,950,000        0.63%     15/1/2025        2,287,950       0.01%
     BMW  Finance   NV                  EUR2,000,000        0.00%     14/4/2023        2,282,969       0.01%
     State  of Hesse                    EUR2,000,000        0.00%     22/9/2027        2,278,308       0.01%
     Free  State  of Saxony                   EUR2,000,000        0.01%     5/11/2029        2,258,617       0.01%
     State  of Schleswig-Holstein      Germany              EUR1,970,000        0.01%     16/7/2025        2,256,187       0.01%
                                 93/362


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     Land  Baden-Wuerttemberg                     EUR2,000,000        0.01%      7/3/2031        2,241,691       0.01%
     Landwirtschaftliche       Rentenbank                 EUR1,960,000        0.00%     22/9/2027        2,239,402       0.01%
     KFW                       EUR1,910,000        0.00%     18/2/2025        2,198,653       0.01%
     Norddeutsche      Landesbank-Girozentrale                  EUR1,900,000        0.01%     23/9/2026        2,166,579       0.01%
     Land  Baden-Wuerttemberg                     EUR1,900,000        0.01%      2/9/2030        2,136,666       0.01%
     Daimler   International    Finance   BV             EUR1,755,000        1.38%     26/6/2026        2,115,039       0.01%
     KFW                       GBP1,600,000        0.13%     30/12/2026         2,065,358       0.01%
     KFW                       GBP1,500,000        1.38%     15/12/2025         2,056,462       0.01%
     State  of North  Rhine-Westphalia      Germany            EUR1,280,000        2.15%     21/3/2119        1,999,433       0.01%
     Volkswagen    Financial   Services   AG             EUR1,500,000        3.38%      6/4/2028        1,982,654       0.01%
     KFW                        $2,000,000       0.25%      8/3/2024        1,976,014       0.01%
     State  of North  Rhine-Westphalia      Germany            EUR1,300,000        1.95%     26/9/2078        1,973,155       0.01%
     Volkswagen    Group  of America   Finance   LLC           $2,000,000       1.25%     24/11/2025         1,960,877       0.01%
     Berlin  Hyp  AG                   EUR1,700,000        0.01%     24/1/2028        1,930,626       0.01%
     UniCredit   Bank  AG                  EUR1,600,000        0.63%     20/11/2025         1,870,022       0.01%
     BMW  Finance   NV                  EUR1,580,000        1.00%     14/11/2024         1,853,072       0.01%
     NRW  Bank                     EUR1,625,000        0.00%     22/9/2028        1,839,576       0.01%
     KFW                       EUR1,600,000        0.00%     31/3/2027        1,836,219       0.01%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR1,600,000        2.00%      4/1/2022        1,819,520       0.01%
     KFW                       EUR1,610,000        0.00%     10/1/2031        1,817,755       0.01%
     Bayer  AG                     EUR1,600,000        0.05%     12/1/2025        1,814,723       0.01%
     Deutsche   Kreditbank    AG                EUR1,500,000        0.88%     2/10/2028        1,796,724       0.01%
     Landesbank    Baden-Wuerttemberg                   EUR1,600,000        0.38%      7/5/2029        1,785,257       0.01%
     Daimler   Finance   North  America   LLC              $1,700,000       2.63%     10/3/2030        1,744,862       0.01%
     State  of Lower  Saxony                  EUR1,500,000        0.40%     27/10/2025         1,742,523       0.01%
     Wintershall    Dea  Finance   BV               EUR1,500,000        1.33%     25/9/2028        1,739,910       0.01%
     Deutsche   Telekom   International    Finance   BV           $1,193,000       8.75%     15/6/2030        1,734,600       0.01%
     BMW  Finance   NV                  EUR1,480,000        0.75%     13/7/2026        1,731,858       0.01%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Vonovia   Finance   BV                  EUR1,500,000        0.88%      3/7/2023        1,726,073       0.01%
     State  of Schleswig-Holstein      Germany              EUR1,500,000        0.05%     4/11/2024        1,721,497       0.01%
     Deutsche   Hypothekenbank      AG               EUR1,500,000        0.13%     23/11/2023         1,720,999       0.01%
     Land  Berlin                      EUR1,500,000        0.01%     21/11/2023         1,719,925       0.01%
     Aareal  Bank  AG                   EUR1,500,000        0.13%      1/2/2023        1,717,532       0.01%
     Landesbank    Baden-Wuerttemberg                   EUR1,490,000        0.01%     16/7/2027        1,694,923       0.01%
     Vonovia   SE                     EUR1,500,000        0.63%     14/12/2029         1,678,365       0.01%
     Siemens   Financieringsmaatschappij         NV             $1,310,000       4.40%     27/5/2045        1,656,969       0.01%
     Volkswagen    Financial   Services   AG             EUR1,500,000        0.38%     12/2/2030        1,634,098       0.01%
     KFW                         $1,600,000       2.13%     17/1/2023        1,627,033       0.01%
     Free  State  of Saxony                   EUR1,500,000        0.01%     17/12/2035         1,601,815       0.01%
     Allianz  SE＾                     EUR1,400,000        1.30%     25/9/2049        1,586,570       0.01%
     Volkswagen    Financial   Services   AG             EUR1,280,000        2.25%     16/10/2026         1,578,138       0.01%
     Vantage   Towers   AG                  EUR1,400,000        0.00%     31/3/2025        1,575,768       0.01%
     Deutsche   Bank  AG                  EUR1,400,000        0.01%     2/10/2029        1,572,912       0.01%
     KFW                        EUR1,350,000        0.00%     15/9/2028        1,545,507       0.01%
     Deutsche   Telekom   International    Finance   BV           $1,268,000       4.75%     21/6/2038        1,537,462       0.01%
     State  of North  Rhine-Westphalia      Germany             EUR1,300,000        0.75%     16/8/2041        1,527,945       0.01%
     Daimler   AG                     EUR1,300,000        0.75%      8/2/2030        1,516,715       0.01%
     Land  Thueringen                      EUR1,500,000        0.13%     13/1/2051        1,501,873       0.01%
     Investitionsbank      Berlin                  EUR1,300,000        0.01%     30/7/2024        1,488,031       0.01%
                                 94/362


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     State  of North  Rhine-Westphalia      Germany             EUR1,000,000        1.75%     26/10/2057         1,486,017       0.01%
     Eurogrid   GmbH                     EUR1,300,000        0.74%     21/4/2033        1,456,253       0.01%
     Bayer  US Finance   II LLC                  $1,175,000       4.88%     25/6/2048        1,450,945       0.01%
     State  of North  Rhine-Westphalia      Germany             EUR1,600,000        0.95%     10/1/2121        1,437,012       0.01%
     Deutsche   Bahn  Finance   GmbH                EUR1,250,000        1.13%     29/5/2051        1,398,044       0.01%
     Landwirtschaftliche       Rentenbank                 GBP1,010,000        1.38%      8/9/2025        1,383,573       0.01%
     State  of Brandenburg                     EUR1,200,000        0.60%     13/10/2051         1,381,284       0.01%
     SAP  SE                      EUR1,200,000        0.38%     18/5/2029        1,374,299       0.01%
     Daimler   International    Finance   BV              GBP1,000,000        1.63%     11/11/2024         1,364,442       0.01%
     FMS  Wertmanagement                      GBP1,000,000        1.13%     20/3/2023        1,360,240       0.01%
     BMW  Canada,   Inc.                  CA($)1,750,000         0.99%     14/1/2025        1,354,328       0.01%
     Landwirtschaftliche       Rentenbank                 EUR1,300,000        0.01%     26/11/2040         1,345,647       0.01%
     KFW                        GBP1,000,000        0.88%     15/9/2026        1,344,633       0.01%
     Volkswagen    International    Finance   NV＾            EUR1,100,000        3.50%      Perpetual        1,332,948       0.01%
     Landeskreditbank       Baden-Wuerttemberg        Foerderbank          GBP1,000,000        0.38%     9/12/2024        1,327,484       0.01%
     Amprion   GmbH                     EUR1,200,000        0.63%     23/9/2033        1,314,345       0.01%
     Deutsche   Bahn  Finance   GmbH                EUR1,100,000        1.00%     17/12/2027         1,313,578       0.01%
     Deutsche   Bahn  Finance   GmbH                EUR1,200,000        0.63%     15/4/2036        1,311,347       0.01%
     Deutsche   Telekom   International    Finance   BV           $1,050,000       4.88%      6/3/2042        1,308,377       0.01%
     Volkswagen    Bank  GmbH                  EUR1,100,000        1.25%     10/6/2024        1,287,069       0.01%
     Bayer  AG                     EUR1,100,000        1.13%      6/1/2030        1,281,013       0.01%
     Deutsche   Bank  AG＾                  EUR1,100,000        1.00%     19/11/2025         1,272,615       0.01%
     State  of Saarland                     EUR1,230,000        0.05%     5/11/2040        1,268,930       0.01%
     Deutsche   Telekom   International    Finance   BV           GBP900,000       2.50%     10/10/2025         1,268,918       0.01%
     State  of Hesse                     EUR1,000,000        1.30%     10/10/2033         1,263,032       0.01%
     Volkswagen    International    Finance   NV             EUR800,000       4.13%     16/11/2038         1,262,455       0.01%
     Vonovia   Finance   BV                  EUR1,100,000        1.00%      9/7/2030        1,261,788       0.01%
     Land  Berlin                      EUR1,000,000        1.30%     13/6/2033        1,258,828       0.01%
     Bayer  Capital   Corp.  BV                 EUR1,100,000        0.63%     15/12/2022         1,258,816       0.01%
     Aroundtown    SA＾                    GBP890,000       4.75%      Perpetual        1,250,862       0.01%
     Daimler   Finance   North  America   LLC              $1,250,000       0.75%      1/3/2024        1,238,060       0.01%
     Volkswagen    International    Finance   NV＾            EUR1,000,000        3.88%      Perpetual        1,234,866       0.01%
     State  of North  Rhine-Westphalia      Germany             EUR1,080,000        1.38%     15/1/2120        1,230,555       0.01%
     E.ON  International    Finance   BV              EUR1,000,000        1.50%     31/7/2029        1,222,699       0.01%
     State  of North  Rhine-Westphalia      Germany             EUR1,140,000        0.00%     12/10/2035         1,215,098       0.01%
     Deutsche   Bahn  Finance   GmbH                EUR1,000,000        1.13%     18/12/2028         1,208,806       0.01%
     UniCredit   Bank  AG                  EUR1,000,000        0.88%     11/1/2029        1,197,892       0.01%
     Daimler   AG                     EUR1,000,000        1.13%     6/11/2031        1,191,569       0.01%
     Commerzbank     AG                   EUR1,000,000        2.00%     27/11/2023         1,188,051       0.01%
     Aroundtown    SA                   EUR1,000,000        1.50%     28/5/2026        1,187,269       0.01%
     Deutsche   Hypothekenbank      AG               EUR1,000,000        0.75%      5/3/2029        1,186,518       0.01%
     Gemeinsame    Deutsche   Bundeslaender                EUR1,050,000        0.00%     25/9/2029        1,185,572       0.01%
     Deutsche   Bank  AG                  EUR1,000,000        1.63%     20/1/2027        1,184,466       0.01%
     Daimler   International    Finance   BV              EUR1,000,000        1.00%     11/11/2025         1,179,188       0.01%
     Daimler   AG                     EUR1,000,000        1.13%      8/8/2034        1,178,520       0.01%
     Muenchener    Hypothekenbank      eG              EUR1,000,000        0.63%     10/11/2027         1,177,262       0.01%
     BASF  SE                     EUR1,000,000        0.88%     22/5/2025        1,175,715       0.01%
     Landwirtschaftliche       Rentenbank                  $1,200,000       0.50%     27/5/2025        1,174,320       0.01%
     E.ON  SE                     EUR1,000,000        0.88%     20/8/2031        1,174,031       0.01%
     Bayerische      Landesbodenkreditanstalt                   EUR1,000,000        0.63%     23/11/2026         1,173,005       0.01%
                                 95/362


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                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     State  of Saxony-Anhalt                    EUR1,050,000        0.50%     24/3/2051        1,172,702       0.01%
     KFW                       EUR1,000,000        0.38%      9/3/2026        1,168,876       0.01%
     UniCredit   Bank  AG                  EUR1,000,000        0.50%      4/5/2026        1,165,081       0.01%
     Landesbank    Hessen-Thueringen       Girozentrale             EUR1,000,000        0.50%     25/9/2025        1,163,665       0.01%
     KFW                        $1,175,000       0.50%     20/9/2024        1,160,692       0.01%
     Land  Berlin                     EUR1,000,000        0.75%      8/9/2023        1,160,446       0.01%
     Aroundtown    SA                   EUR1,000,000        1.00%      7/1/2025        1,159,938       0.01%
     Landwirtschaftliche       Rentenbank                 EUR1,000,000        0.25%     29/8/2025        1,156,336       0.01%
     State  of Lower  Saxony                  EUR1,000,000        0.25%      6/2/2024        1,152,366       0.01%
     KFW                       EUR1,000,000        0.38%     15/3/2023        1,150,970       0.01%
     Siemens   Financieringsmaatschappij         NV            EUR1,000,000        0.38%      6/9/2023        1,150,938       0.01%
     Volkswagen    International    Finance   NV            EUR1,000,000        0.88%     16/1/2023        1,150,471       0.01%
     ING-DiBa   AG                    EUR1,000,000        0.25%     9/10/2023        1,150,129       0.01%
     State  of Hesse                    EUR1,000,000        0.13%     20/6/2024        1,149,978       0.01%
     State  of Lower  Saxony                  EUR1,000,000        0.13%      8/4/2027        1,148,126       0.01%
     Fresenius   SE & Co. KGaA                 EUR1,000,000        0.75%     15/1/2028        1,147,321       0.01%
     Daimler   International    Finance   BV             EUR1,000,000        0.25%     6/11/2023        1,145,532       0.01%
     State  of Lower  Saxony                  EUR1,000,000        0.00%     10/7/2026        1,143,031       0.01%
     Deutsche   Bahn  Finance   GmbH               EUR1,000,000        0.00%     14/2/2024        1,141,710       0.01%
     Siemens   Financieringsmaatschappij         NV            EUR1,000,000        0.00%     20/2/2023        1,141,621       0.01%
     BMW  Finance   NV                  EUR1,000,000        0.00%     24/3/2023        1,141,515       0.01%
     Siemens   Financieringsmaatschappij         NV            EUR1,000,000        0.50%     20/2/2032        1,141,350       0.01%
     Hochtief   AG                    EUR1,000,000        0.50%      3/9/2027        1,141,319       0.01%
     E.ON  International    Finance   BV               GBP600,000       6.38%      7/6/2032        1,137,730       0.01%
     State  of Brandenburg                    EUR1,000,000        0.01%     26/6/2028        1,136,854       0.01%
     Land  Berlin                     EUR1,000,000        0.10%     18/1/2030        1,136,288       0.01%
     Deutsche   Bank  AG＾                  EUR1,000,000        0.75%     17/2/2027        1,135,624       0.01%
     Commerzbank     AG                  EUR1,000,000        0.38%      1/9/2027        1,132,294       0.01%
     KFW                       EUR1,000,000        0.00%     17/9/2030        1,131,123       0.01%
     State  of Lower  Saxony                  EUR1,000,000        0.01%     13/8/2030        1,123,827       0.01%
     Hannover   Rueck  SE＾                  EUR1,000,000        1.13%     9/10/2039        1,115,848       0.01%
     Landesbank    Baden-Wuerttemberg                   EUR1,000,000        0.38%     21/2/2031        1,102,084       0.01%
     Vier  Gas  Transport   GmbH                 EUR1,000,000        0.13%     10/9/2029        1,098,720       0.01%
     Vonovia   SE                    EUR1,000,000        1.50%     14/6/2041        1,094,589       0.01%
     RWE  AG                      EUR966,000       1.00%     26/11/2033         1,093,616       0.01%
     Bertelsmann    SE & Co. KGaA                EUR900,000       1.50%     15/5/2030        1,089,528       0.01%
     Deutsche   Bank  AG                   $1,014,000       4.10%     13/1/2026        1,085,930       0.01%
     Deutsche   Telekom   International    Finance   BV          EUR900,000       1.38%     30/1/2027        1,085,365       0.01%
     NRW  Bank                      EUR938,000       0.38%     16/5/2029        1,085,015       0.01%
     Free  State  of Bavaria                   EUR1,000,000        0.01%     18/1/2035        1,081,306       0.01%
     Talanx  AG＾                     EUR900,000       2.25%     5/12/2047        1,079,001       0.01%
     UniCredit   Bank  AG                   EUR950,000       0.01%     19/11/2027         1,078,732       0.01%
     Allianz  Finance   II BV                  EUR900,000       0.88%     6/12/2027        1,064,738       0.01%
     State  of Brandenburg                    EUR1,000,000        0.30%     4/10/2049        1,058,847       0.01%
     LANXESS    AG                    EUR942,000       0.00%      8/9/2027        1,041,780       0.01%
     Fresenius   SE & Co. KGaA                 EUR800,000       2.88%     15/2/2029        1,038,220       0.01%
     RWE  AG                      EUR910,000       0.50%     26/11/2028         1,034,817       0.01%
     Muenchener    Hypothekenbank      eG             EUR1,000,000        0.01%     19/10/2039         1,034,095       0.01%
     Vonovia   Finance   BV                  EUR900,000       0.63%      9/7/2026        1,033,067       0.01%
     Deutsche   Bank  AG                   EUR900,000       0.25%     15/5/2023        1,033,026       0.01%
                                 96/362


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     SAP  SE                      EUR900,000       0.13%     18/5/2026        1,027,111       0.01%
     Commerzbank     AG                   EUR900,000       0.25%     26/1/2022        1,024,025       0.00%
     KFW                        EUR800,000       1.25%      4/7/2036        1,023,305       0.00%
     Volkswagen    Leasing   GmbH                 EUR900,000       0.25%     12/1/2026        1,017,839       0.00%
     Free  & Hanseatic   City  of Hamburg               EUR900,000       0.01%      3/6/2030        1,013,255       0.00%
     Deutsche   Bank  AG＾                   $1,000,000       2.22%     18/9/2024        1,013,180       0.00%
     alstria  office-AG                      EUR900,000       0.50%     26/9/2025        1,011,853       0.00%
     KFW                        $1,000,000       1.38%      5/8/2024        1,011,540       0.00%
     State  of Hesse                     EUR900,000       0.00%     8/11/2030        1,009,506       0.00%
     VW Credit  Canada,   Inc.                CA($)1,295,000         1.50%     23/9/2025        1,006,716       0.00%
     Daimler   Trucks   Finance   North  America   LLC           $1,000,000       2.38%     14/12/2028         1,005,302       0.00%
     KFW                        $1,000,000       0.25%     25/4/2023         995,949       0.00%
     E.ON  International    Finance   BV               GBP550,000       6.25%      3/6/2030        988,526       0.00%
     EnBW  International    Finance   BV              EUR900,000       0.50%      1/3/2033        988,222       0.00%
     KFW                        EUR800,000       0.75%     28/6/2028         960,896       0.00%
     State  of Brandenburg                     EUR850,000       0.38%     29/1/2035         959,857       0.00%
     Volkswagen    Bank  GmbH                  EUR800,000       1.88%     31/1/2024         944,154       0.00%
     Fresenius   Medical   Care  AG & Co. KGaA            EUR800,000       1.25%     29/11/2029         942,772       0.00%
     Aroundtown    SA                    GBP667,000       3.00%     16/10/2029         940,056       0.00%
     Landwirtschaftliche       Rentenbank                  $900,000      3.13%     14/11/2023         939,014       0.00%
     Daimler   Finance   North  America   LLC              $900,000      2.70%     14/6/2024         930,622       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Deutsche   Telekom   AG                  EUR800,000       0.50%      5/7/2027        925,483       0.00%
     Aroundtown    SA                    EUR800,000       0.63%      9/7/2025        919,637       0.00%
     KFW                        EUR800,000       0.00%     15/9/2023         918,645       0.00%
     BASF  SE                      EUR800,000       0.25%      5/6/2027        916,865       0.00%
     Niedersachsen     Invest  GmbH                 EUR800,000       0.00%     16/7/2025         913,086       0.00%
     HOWOGE    Wohnungs-baugesellschaft         mbH           EUR800,000       0.63%     1/11/2028         912,424       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR700,000       1.25%     12/5/2036         878,247       0.00%
     Volkswagen    Bank  GmbH                  EUR700,000       2.50%     31/7/2026         869,278       0.00%
     State  of Lower  Saxony                   EUR750,000       0.01%     15/4/2024         860,222       0.00%
     Merck  KGaA＾                      EUR700,000       2.88%     25/6/2079         858,613       0.00%
     Bayer  US Finance   II LLC                  $775,000      5.50%     15/8/2025         857,359       0.00%
     KFW                        EUR700,000       0.88%      4/7/2039        856,263       0.00%
     Siemens   Financieringsmaatschappij         NV             $850,000      0.40%     11/3/2023         846,624       0.00%
     Berlin  Hyp  AG                    EUR750,000       0.01%      2/9/2030        839,805       0.00%
     Vonovia   Finance   BV                  EUR700,000       1.50%     22/3/2026         834,033       0.00%
     Deutsche   Bahn  Finance   GmbH                GBP590,000       1.88%     13/2/2026         819,862       0.00%
     BMW  US Capital   LLC                   $800,000      2.55%      1/4/2031        817,577       0.00%
     EnBW  Energie   Baden-Wuerttemberg       AG＾            EUR700,000       1.88%     29/6/2080         813,056       0.00%
     Siemens   Financieringsmaatschappij         NV            GBP600,000       1.00%     20/2/2025         806,841       0.00%
     Daimler   Canada   Finance,   Inc.              CA($)1,030,000         1.65%     22/9/2025         806,572       0.00%
     Santander   Consumer    Bank  AG               EUR700,000       0.25%     15/10/2024         799,967       0.00%
     Merck  Financial   Services   GmbH               EUR700,000       0.01%     15/12/2023         799,481       0.00%
     E.ON  SE                      EUR700,000       0.25%     24/10/2026         798,222       0.00%
     Deutsche   Telekom   AG                  EUR600,000       2.25%     29/3/2039         795,822       0.00%
     Land  Berlin                      EUR740,000       0.35%      9/9/2050        791,256       0.00%
     KFW                       AU($)1,000,000         4.00%     27/2/2025         787,046       0.00%
     Fresenius   Finance   Ireland  plc               EUR700,000       0.00%     1/10/2025         786,587       0.00%
     Siemens   Financieringsmaatschappij         NV             $750,000      3.13%     16/3/2024         781,842       0.00%
                                 97/362


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     EnBW  Energie   Baden-Wuerttemberg       AG＾            EUR700,000       1.38%     31/8/2081         777,362       0.00%
     Aroundtown    SA                    EUR700,000       0.38%     15/4/2027         777,288       0.00%
     Volkswagen    International    Finance   NV＾             EUR600,000       4.63%      Perpetual        774,295       0.00%
     Vonovia   Finance   BV                  EUR700,000       1.13%     14/9/2034         773,437       0.00%
     Niedersachsen     Invest  GmbH                 EUR700,000       0.25%     16/7/2035         767,297       0.00%
     Land  Berlin                      EUR700,000       0.13%      4/6/2035        763,452       0.00%
     Grand  City  Properties    SA                EUR700,000       0.13%     11/1/2028         763,217       0.00%
     Landwirtschaftliche       Rentenbank                  $800,000      0.88%      3/9/2030        754,469       0.00%
     KFW                        EUR652,000       0.13%     7/11/2023         750,665       0.00%
     Deutsche   Bank  AG＾                    $750,000      2.31%     16/11/2027         749,846       0.00%
     Deutsche   Bank  AG＾                    $750,000      2.13%     24/11/2026         749,052       0.00%
     KFW                       AU($)1,000,000         2.80%      7/3/2023        746,760       0.00%
     EWE  AG                      EUR680,000       0.38%     22/10/2032         734,998       0.00%
     Siemens   Financieringsmaatschappij         NV            EUR626,000       0.30%     28/2/2024         720,476       0.00%
     BASF  SE                      EUR600,000       0.88%     15/11/2027         710,080       0.00%
     Volkswagen    Financial   Services   AG              EUR600,000       1.50%     1/10/2024         707,370       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR500,000       1.65%     16/5/2047         707,225       0.00%
     State  of Lower  Saxony                   EUR650,000       0.05%      9/3/2035        702,959       0.00%
     Volkswagen    International    Finance   NV             EUR600,000       0.88%     22/9/2028         701,517       0.00%
     SAP  SE                      EUR600,000       0.75%     10/12/2024         699,139       0.00%
     Volkswagen    Financial   Services   NV              GBP500,000       2.75%     10/7/2023         691,667       0.00%
     Deutsche   Telekom   AG                   $650,000      3.63%     21/1/2050         691,615       0.00%
     BMW  Finance   NV                   EUR600,000       0.38%     14/1/2027         691,290       0.00%
     Hamburg   Commercial    Bank  AG               EUR600,000       0.38%     12/7/2023         690,096       0.00%
     Commerzbank     AG                   EUR600,000       0.50%     28/8/2023         689,271       0.00%
     Deutsche   Telekom   International    Finance   BV           $675,000      2.49%     19/9/2023         688,876       0.00%
     Traton  Finance   Luxembourg    SA              EUR600,000       0.00%     14/6/2024         680,433       0.00%
     Vonovia   SE                     EUR600,000       0.00%     16/9/2024         679,715       0.00%
     Siemens   Financieringsmaatschappij         NV            GBP500,000       0.88%      5/6/2023        675,978       0.00%
     Traton  Finance   Luxembourg    SA              EUR600,000       1.25%     24/3/2033         673,543       0.00%
     Deutsche   Bahn  Finance   GmbH                EUR500,000       2.75%     19/3/2029         672,261       0.00%
     Siemens   Financieringsmaatschappij         NV             $640,000      2.35%     15/10/2026         659,084       0.00%
     State  of Bremen                     EUR500,000       1.50%     12/11/2038         655,115       0.00%
     Deutsche   Bahn  Finance   GmbH                GBP500,000       0.38%     3/12/2026         647,975       0.00%
     Bundesrepublik     Deutschland    Bundesanleihe              EUR550,000       1.50%     15/5/2023         644,286       0.00%
     Land  Berlin                      EUR500,000       1.38%     27/8/2038         643,608       0.00%
     Deutsche   Bahn  Finance   GmbH                EUR650,000       0.63%     8/12/2050         637,614       0.00%
     Siemens   Financieringsmaatschappij         NV             $600,000      3.25%     27/5/2025         635,495       0.00%
     Deutsche   Bank  AG＾                    $600,000      3.55%     18/9/2031         632,613       0.00%
     Free  & Hanseatic   City  of Hamburg               EUR485,000       1.45%     5/11/2038         631,654       0.00%
     SAP  SE                      EUR500,000       1.63%     10/3/2031         625,453       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR500,000       1.00%     16/10/2046         619,951       0.00%
     Deutsche   Post  AG                   EUR500,000       1.63%     5/12/2028         618,993       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     KFW                       CA($)700,000        5.05%      4/2/2025        614,868       0.00%
     Aroundtown    SA                    EUR500,000       2.00%     2/11/2026         604,882       0.00%
     KFW                        GBP300,000       4.88%     15/3/2037         604,127       0.00%
     SAP  SE                      EUR500,000       1.25%     10/3/2028         604,068       0.00%
     E.ON  International    Finance   BV               EUR500,000       1.63%     30/5/2026         603,771       0.00%
     Deutsche   Telekom   AG                  EUR500,000       1.38%      5/7/2034        601,656       0.00%
                                 98/362


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     Covestro   AG                     EUR500,000       1.38%     12/6/2030         597,031       0.00%
     Grand  City  Properties    SA                EUR500,000       1.38%      3/8/2026        591,959       0.00%
     Siemens   Financieringsmaatschappij         NV             $600,000      1.20%     11/3/2026         591,612       0.00%
     Volkswagen    International    Finance   NV             EUR500,000       1.25%     23/9/2032         591,302       0.00%
     State  of Hesse                     EUR500,000       0.75%      4/8/2036        591,039       0.00%
     Eurogrid   GmbH                     EUR500,000       1.11%     15/5/2032         590,244       0.00%
     Aroundtown    SA                    EUR500,000       1.63%     31/1/2028         589,611       0.00%
     State  of Rhineland-Palatinate                     EUR500,000       0.75%     19/1/2026         589,087       0.00%
     Allianz  Finance   II BV                  EUR500,000       0.88%     15/1/2026         588,312       0.00%
     Deutsche   Bahn  Finance   GmbH                EUR500,000       0.63%     26/9/2028         587,230       0.00%
     Land  Berlin                      EUR500,000       0.63%     20/3/2026         586,782       0.00%
     Deutsche   Bank  AG                   EUR500,000       0.63%     21/8/2025         583,921       0.00%
     State  of Lower  Saxony                   EUR500,000       0.63%     20/1/2025         583,802       0.00%
     Volkswagen    Leasing   GmbH                 EUR500,000       1.13%      4/4/2024        582,221       0.00%
     Bayer  AG                      EUR500,000       1.38%      6/7/2032        581,876       0.00%
     State  of Rhineland-Palatinate                     EUR500,000       0.50%     21/1/2025         581,410       0.00%
     E.ON  SE                      EUR500,000       0.75%     18/12/2030         579,952       0.00%
     Volkswagen    International    Finance   NV             GBP400,000       3.38%     16/11/2026         579,658       0.00%
     Deutsche   Telekom   International    Finance   BV          EUR300,000       7.50%     24/1/2033         579,321       0.00%
     Deutsche   Telekom   AG                  EUR494,000       0.88%     25/3/2026         578,788       0.00%
     Land  Berlin                      EUR500,000       0.25%     22/4/2025         577,364       0.00%
     HOWOGE    Wohnungs-baugesellschaft         mbH           EUR500,000       1.13%     1/11/2033         575,580       0.00%
     Deutsche   Telekom   International    Finance   BV          EUR500,000       0.63%      3/4/2023        575,212       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR500,000       0.20%     17/4/2023         573,913       0.00%
     Bayer  AG                      EUR500,000       0.38%      6/7/2024        573,687       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR500,000       0.13%     16/3/2023         573,059       0.00%
     Wintershall    Dea  Finance   BV                EUR500,000       0.45%     25/9/2023         572,444       0.00%
     Daimler   AG                     EUR500,000       0.75%     11/3/2033         571,373       0.00%
     EnBW  Energie   Baden-Wuerttemberg       AG＾            EUR500,000       1.13%     5/11/2079         571,160       0.00%
     Merck  Financial   Services   GmbH               EUR500,000       0.13%     16/7/2025         571,150       0.00%
     Allianz  Finance   II BV                  EUR500,000       0.50%     14/1/2031         570,620       0.00%
     E.ON  SE                      EUR500,000       0.00%     18/12/2023         570,486       0.00%
     Free  State  of Bavaria                   EUR500,000       0.15%      3/4/2030        569,931       0.00%
     EnBW  Energie   Baden-Wuerttemberg       AG＾            EUR500,000       1.63%      5/8/2079        568,237       0.00%
     EEW  Energy   from  Waste  GmbH                EUR500,000       0.36%     30/6/2026         567,959       0.00%
     Siemens   Financieringsmaatschappij         NV            EUR500,000       0.13%      5/9/2029        565,966       0.00%
     Traton  Finance   Luxembourg    SA              EUR500,000       0.13%     24/3/2025         565,214       0.00%
     Volkswagen    Financial   Services   AG              EUR500,000       0.00%     12/2/2025         564,742       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR500,000       0.00%     26/11/2029         564,589       0.00%
     Vantage   Towers   AG                  EUR500,000       0.38%     31/3/2027         561,080       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR550,000       0.20%     27/1/2051         557,184       0.00%
     Landwirtschaftliche       Rentenbank                 AU($)700,000        3.25%     12/4/2028         546,662       0.00%
     Aroundtown    SA＾                    EUR500,000       1.63%      Perpetual        543,273       0.00%
     Bayer  US Finance   II LLC                  $500,000      4.25%     15/12/2025         542,500       0.00%
     HeidelbergCement      AG                  EUR455,000       1.50%      7/2/2025        537,776       0.00%
     Bayer  AG                      EUR500,000       1.00%     12/1/2036         535,428       0.00%
     Deutsche   Telekom   International    Finance   BV           $475,000      4.38%     21/6/2028         531,853       0.00%
     Deutsche   Bank  AG                    $500,000      3.95%     27/2/2023         515,713       0.00%
     Muenchener    Rueckversicherungs-Gesellschaft           AG in
                             EUR400,000       3.25%     26/5/2049         514,207       0.00%
       Muenchen＾
     Bayer  US Finance   II LLC                  $500,000      2.85%     15/4/2025         510,630       0.00%
     Daimler   International    Finance   BV              EUR438,000       0.63%     27/2/2023         503,707       0.00%
                                 99/362


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     EnBW  International    Finance   BV              EUR400,000       1.88%     31/10/2033         503,262       0.00%
     BASF  SE                      EUR400,000       1.45%     13/12/2032         500,610       0.00%
     KFW                        EUR400,000       1.13%      9/5/2033        500,049       0.00%
     Deutsche   Bank  AG                    $500,000      0.96%     8/11/2023         498,753       0.00%
     Infineon   Technologies     AG                 EUR400,000       2.00%     24/6/2032         496,241       0.00%
     BMW  Finance   NV                   EUR400,000       1.50%      6/2/2029        495,158       0.00%
     Landwirtschaftliche       Rentenbank                  $500,000      0.88%     30/3/2026         491,689       0.00%
     Volkswagen    International    Finance   NV             EUR400,000       1.88%     30/3/2027         487,830       0.00%
     Vier  Gas  Transport   GmbH                 EUR400,000       1.50%     25/9/2028         485,687       0.00%
     Siemens   Financieringsmaatschappij         NV             $450,000      3.40%     16/3/2027         485,156       0.00%
     BMW  US Capital   LLC                   $460,000      2.80%     11/4/2026         481,605       0.00%
     Fresenius   Medical   Care  US Finance   III, Inc.            $500,000      2.38%     16/2/2031         477,952       0.00%
     Fresenius   Medical   Care  AG & Co. KGaA            EUR400,000       1.50%     11/7/2025         474,385       0.00%
     Fresenius   Medical   Care  AG & Co. KGaA            EUR400,000       1.50%     29/5/2030         474,015       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Gemeinsame    Deutsche   Bundeslaender                EUR400,000       1.13%     30/9/2024         472,597       0.00%
     Sparkasse   KoelnBonn                    EUR400,000       1.13%     14/10/2024         471,671       0.00%
     E.ON  SE                      EUR400,000       1.00%     7/10/2025         469,376       0.00%
     Land  Baden-Wuerttemberg                      EUR400,000       0.63%     27/1/2026         469,117       0.00%
     Merck  KGaA＾                      EUR400,000       1.63%     25/6/2079         466,642       0.00%
     Merck  KGaA＾                      EUR400,000       1.63%      9/9/2080        464,922       0.00%
     Hannover   Rueck  SE＾                  EUR400,000       1.75%     8/10/2040         464,340       0.00%
     FMS  Wertmanagement                      EUR400,000       0.38%     29/4/2030         462,916       0.00%
     Daimler   Finance   North  America   LLC              $450,000      3.35%     22/2/2023         462,427       0.00%
     Deutsche   Bank  AG                   EUR400,000       0.25%      8/3/2024        460,373       0.00%
     Deutsche   Pfandbriefbank     AG                EUR400,000       0.50%     19/1/2023         459,587       0.00%
     Deutsche   Pfandbriefbank     AG                EUR400,000       0.75%      7/2/2023        459,144       0.00%
     Vonovia   SE                     EUR400,000       0.00%      1/9/2023        456,029       0.00%
     Daimler   Finance   North  America   LLC              $450,000      2.45%      2/3/2031        455,691       0.00%
     Volkswagen    Leasing   GmbH                 EUR400,000       0.00%     12/7/2023         455,489       0.00%
     HOWOGE    Wohnungs-baugesellschaft         mbH           EUR400,000       0.00%     1/11/2024         454,196       0.00%
     Deutsche   Bank  AG＾                   EUR400,000       1.38%     17/2/2032         453,809       0.00%
     Volkswagen    Leasing   GmbH                 EUR400,000       0.38%     20/7/2026         453,792       0.00%
     Clearstream    Banking   AG                 EUR400,000       0.00%     1/12/2025         453,551       0.00%
     Deutsche   Bahn  Finance   GmbH                EUR400,000       0.75%     16/7/2035         451,422       0.00%
     Adidas  AG                     EUR400,000       0.00%     5/10/2028         450,472       0.00%
     Vonovia   SE                     EUR400,000       0.00%     1/12/2025         449,852       0.00%
     Muenchener    Rueckversicherungs-Gesellschaft           AG in
                             EUR400,000       1.25%     26/5/2041         448,341       0.00%
       Muenchen＾
     Volkswagen    Leasing   GmbH                 EUR400,000       0.63%     19/7/2029         447,557       0.00%
     Adidas  AG                     EUR400,000       0.63%     10/9/2035         446,330       0.00%
     Fresenius   Finance   Ireland  plc               EUR400,000       0.88%     1/10/2031         444,871       0.00%
     Aroundtown    SA                    EUR400,000       0.00%     16/7/2026         443,770       0.00%
     Vonovia   SE                     EUR400,000       0.25%      1/9/2028        442,564       0.00%
     Grand  City  Properties    SA＾                EUR400,000       1.50%      Perpetual        440,960       0.00%
     Volkswagen    Group  of America   Finance   LLC            $400,000      3.75%     13/5/2030         437,900       0.00%
     Fresenius   Medical   Care  US Finance   III, Inc.            $400,000      3.75%     15/6/2029         427,525       0.00%
     Daimler   Finance   North  America   LLC              $400,000      3.10%     15/8/2029         423,538       0.00%
     KFW                         $540,000      0.00%     18/4/2036         417,094       0.00%
     Vonovia   SE                     EUR400,000       1.63%      1/9/2051        416,853       0.00%
                                100/362


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     Wirtschafts-    und Infrastrukturbank      Hessen            EUR350,000       1.75%     15/4/2024         416,741       0.00%
     Free  & Hanseatic   City  of Hamburg               EUR400,000       0.20%      3/9/2049        409,134       0.00%
     Volkswagen    International    Finance   NV             EUR300,000       3.25%     18/11/2030         408,347       0.00%
     Volkswagen    Financial   Services   NV              GBP300,000       1.63%     10/2/2024         407,279       0.00%
     Siemens   Financieringsmaatschappij         NV            EUR300,000       1.75%     28/2/2039         393,160       0.00%
     NRW  Bank                       $400,000      0.63%     19/5/2025         393,046       0.00%
     Siemens   Financieringsmaatschappij         NV             $300,000      4.20%     16/3/2047         370,904       0.00%
     Volkswagen    Group  of America   Finance   LLC            $350,000      4.25%     13/11/2023         369,501       0.00%
     Volkswagen    Group  of America   Finance   LLC            $350,000      3.35%     13/5/2025         368,371       0.00%
     Eurogrid   GmbH                     EUR300,000       1.50%     18/4/2028         362,727       0.00%
     Vonovia   Finance   BV                  EUR300,000       1.80%     29/6/2025         358,214       0.00%
     Fresenius   SE & Co. KGaA                 EUR300,000       1.88%     15/2/2025         358,113       0.00%
     HeidelbergCement      AG                  EUR300,000       2.25%      3/6/2024        357,927       0.00%
     Volkswagen    Leasing   GmbH                 EUR300,000       1.38%     20/1/2025         352,926       0.00%
     LANXESS    AG                    EUR300,000       1.13%     16/5/2025         351,858       0.00%
     State  of Hesse                     EUR300,000       0.50%     17/2/2025         348,992       0.00%
     LEG  Immobilien    SE                  EUR300,000       1.25%     23/1/2024         348,175       0.00%
     Covestro   AG                     EUR300,000       0.88%      3/2/2026        348,156       0.00%
     Volkswagen    Leasing   GmbH                 EUR300,000       1.00%     16/2/2023         345,657       0.00%
     VW Credit  Canada,   Inc.                 CA($)425,000        2.85%     26/9/2024         345,535       0.00%
     Infineon   Technologies     AG                 EUR300,000       0.75%     24/6/2023         345,176       0.00%
     Landwirtschaftliche       Rentenbank                  $325,000      2.50%     15/11/2027         343,576       0.00%
     SAP  SE                      EUR300,000       0.00%     17/5/2023         342,471       0.00%
     Vonovia   Finance   BV                  EUR300,000       0.13%      6/4/2023        342,364       0.00%
     E.ON  SE                      EUR300,000       0.63%     7/11/2031         341,990       0.00%
     Deutsche   Bahn  Finance   GmbH＾                EUR300,000       0.95%      Perpetual        339,917       0.00%
     Talanx  AG＾                     EUR300,000       1.75%     1/12/2042         339,605       0.00%
     Siemens   Financieringsmaatschappij         NV            EUR300,000       0.50%      5/9/2034        338,056       0.00%
     Deutsche   Telekom   International    Finance   BV           $300,000      3.60%     19/1/2027         322,009       0.00%
     Volkswagen    Group  of America   Finance   LLC            $300,000      3.13%     12/5/2023         308,486       0.00%
     State  of Bremen                     EUR280,000       0.40%     20/8/2049         303,027       0.00%
     Fresenius   Medical   Care  US Finance   III, Inc.            $300,000      3.00%     1/12/2031         302,862       0.00%
     Fresenius   Medical   Care  US Finance   III, Inc.            $300,000      1.88%     1/12/2026         297,131       0.00%
     Deutsche   Bahn  Finance   GmbH                EUR232,000       1.63%     16/8/2033         292,673       0.00%
     Deutsche   Telekom   International    Finance   BV          GBP200,000       2.25%     13/4/2029         279,477       0.00%
     Daimler   International    Finance   BV              GBP200,000       2.00%      4/9/2023        274,206       0.00%
     Deutsche   Telekom   International    Finance   BV          GBP200,000       1.25%     6/10/2023         271,480       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Bayer  US Finance   II LLC                  $225,000      4.40%     15/7/2044         257,210       0.00%
     Bayer  US Finance   II LLC                  $200,000      5.88%     15/4/2038         256,739       0.00%
     KFW                         $250,000      1.75%     14/9/2029         254,031       0.00%
     Siemens   Financieringsmaatschappij         NV             $250,000      0.65%     11/3/2024         247,803       0.00%
     Gemeinsame    Deutsche   Bundeslaender                EUR200,000       1.75%     14/5/2024         238,710       0.00%
     Land  Baden-Wuerttemberg                      EUR200,000       2.00%     13/11/2023         237,705       0.00%
     Land  Berlin                      EUR200,000       1.88%     12/6/2023         235,263       0.00%
     Bayerische      Landesbodenkreditanstalt                    EUR200,000       0.75%     28/5/2025         234,245       0.00%
     LEG  Immobilien    SE                  EUR200,000       0.88%     28/11/2027         230,418       0.00%
     Aroundtown    SA                     $200,000      5.38%     21/3/2029         228,703       0.00%
     Volkswagen    Group  of America   Finance   LLC            $200,000      3.20%     26/9/2026         210,846       0.00%
     Daimler   Finance   North  America   LLC              $200,000      3.25%      1/8/2024        209,457       0.00%
                                101/362


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     Volkswagen    Group  of America   Finance   LLC            $200,000      2.85%     26/9/2024         207,072       0.00%
     BMW  US Capital   LLC                   $200,000      3.45%     12/4/2023         206,256       0.00%
     Bayer  US Finance   II LLC                  $175,000      4.70%     15/7/2064         205,039       0.00%
     Landwirtschaftliche       Rentenbank                  $200,000      1.75%     27/7/2026         203,779       0.00%
     Deutsche   Telekom   International    Finance   BV          GBP100,000       8.88%     27/11/2028         196,872       0.00%
     KFW                         $175,000      2.00%      2/5/2025        180,146       0.00%
     KFW                        GBP100,000       6.00%     7/12/2028         179,762       0.00%
     Deutsche   Bank  AG                   EUR154,938       0.00%     15/10/2026         167,379       0.00%
     BMW  US Capital   LLC                   $150,000      3.75%     12/4/2028         165,463       0.00%
     Siemens   Financieringsmaatschappij         NV             $150,000      3.30%     15/9/2046         162,282       0.00%
     Daimler   Finance   North  America   LLC              $150,000      3.45%      6/1/2027        161,605       0.00%
     Landwirtschaftliche       Rentenbank                  $150,000      2.38%     10/6/2025         156,149       0.00%
     Siemens   Financieringsmaatschappij         NV             $125,000      6.13%     17/8/2026         149,022       0.00%
     Deutsche   Bahn  Finance   GmbH                GBP100,000       3.13%     24/7/2026         146,711       0.00%
     Siemens   Financieringsmaatschappij         NV            GBP100,000       2.75%     10/9/2025         142,802       0.00%
     BMW  US Capital   LLC                   $125,000      3.30%      6/4/2027        134,480       0.00%
     Bayer  US Finance   II LLC                  $125,000      3.95%     15/4/2045         132,925       0.00%
     Daimler   Finance   North  America   LLC              $125,000      3.70%      4/5/2023        129,500       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR100,000       1.63%     24/10/2030         128,318       0.00%
     Siemens   Financieringsmaatschappij         NV             $125,000      2.00%     15/9/2023         127,383       0.00%
     BMW  US Capital   LLC                   $120,000      2.25%     15/9/2023         122,506       0.00%
     Eurogrid   GmbH                     EUR100,000       1.88%     10/6/2025         119,953       0.00%
     State  of Bremen                     EUR100,000       1.88%     18/3/2024         119,306       0.00%
     Bertelsmann    SE & Co. KGaA                EUR100,000       1.75%     14/10/2024         118,914       0.00%
     Deutsche   Wohnen   SE                  EUR100,000       1.50%     30/4/2030         118,913       0.00%
     Landwirtschaftliche       Rentenbank                 EUR100,000       0.63%     20/2/2030         118,682       0.00%
     State  of North  Rhine-Westphalia      Germany             EUR100,000       1.00%     16/1/2025         118,004       0.00%
     Deutsche   Telekom   AG                  GBP78,000       3.13%      6/2/2034        117,939       0.00%
     Free  & Hanseatic   City  of Hamburg               EUR100,000       0.38%      1/4/2025        115,874       0.00%
     Bayer  US Finance   II LLC                  $100,000      4.20%     15/7/2034         111,333       0.00%
     E.ON  International    Finance   BV               GBP50,000       6.75%     27/1/2039         108,258       0.00%
     Bayer  US Finance   II LLC                  $100,000      2.20%     15/7/2022         100,374       0.00%
     KFW                        GBP50,000       5.75%      7/6/2032         97,460      0.00%
     E.ON  International    Finance   BV               EUR80,000       3.00%     17/1/2024         96,795      0.00%
     E.ON  International    Finance   BV                $50,000      6.65%     30/4/2038         70,912      0.00%
     Aroundtown    SA                    CA($)75,000       4.63%     18/9/2025         63,163      0.00%
     State  of North  Rhine-Westphalia      Germany              EUR50,000       2.00%     15/10/2025          61,533      0.00%
     State  of Lower  Saxony                   EUR50,000       2.13%     16/1/2024         59,789      0.00%
     State  of North  Rhine-Westphalia      Germany              EUR50,000       1.88%     15/3/2024         59,657      0.00%
     Free  & Hanseatic   City  of Hamburg                EUR50,000       1.88%     27/2/2024         59,605      0.00%
     Land  Berlin                      EUR50,000       1.63%      3/6/2024         59,569      0.00%
     State  of Saxony-Anhalt                      EUR50,000       1.63%     25/4/2023         58,452      0.00%
     State  of Hesse                      EUR50,000       1.75%     20/1/2023         58,244      0.00%
     Daimler   Finance   North  America   LLC               $50,000      3.30%     19/5/2025         52,841      0.00%
     BMW  US Capital   LLC                    $25,000      4.15%      9/4/2030         28,457      0.00%
                                                 1,350,025,642         5.77%
     ガーンジー    0.00%  (2020:  0.00%)
     States  of Guernsey   Bond                  GBP100,000       3.38%     12/12/2046         178,362       0.00%
                                                   178,362       0.00%
     香港  0.09%  (2020:  0.06%)
     Hong  Kong  Government    Bond  Programme             HKD13,000,000         1.25%     29/6/2027        1,668,844       0.01%
     Hong  Kong  Government    International    Bond            $1,800,000       2.38%      2/2/2051        1,656,327       0.01%
                                102/362


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     Hong  Kong  Government    Bond  Programme             HKD10,350,000         2.13%     16/7/2030        1,401,428       0.01%
     CLP  Power  Hong  Kong  Financing   Ltd.             $1,200,000       2.13%     30/6/2030        1,186,500       0.01%
     CK Hutchison    Group  Telecom   Finance   SA          EUR1,000,000        1.13%     17/10/2028         1,153,737       0.01%
     AIA  Group  Ltd.                     $1,000,000       3.20%     11/3/2025        1,044,721       0.01%
     AIA  Group  Ltd.                     $1,000,000       3.20%     16/9/2040        1,026,434       0.01%
     Bank  of Communications      Hong  Kong  Ltd.             $900,000      2.30%      8/7/2031        880,200       0.01%
     MTR  Corp.,  Ltd.                     $900,000      1.63%     19/8/2030         872,452       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     HKT  Capital   No 5 Ltd.                   $800,000      3.25%     30/9/2029         845,061       0.00%
     Haitong   International    Securities   Group  Ltd.            $800,000      3.38%     19/7/2024         828,232       0.00%
     Hongkong    Electric   Finance   Ltd.                $700,000      2.25%      9/6/2030        694,990       0.00%
     Hong  Kong  Government    Bond  Programme             HKD5,000,000        2.02%      7/3/2034        672,569       0.00%
     AIA  Group  Ltd.                     $500,000      4.50%     16/3/2046         626,260       0.00%
     HPHT  Finance   21 Ltd.                   $625,000      2.00%     19/3/2026         624,303       0.00%
     Sun Hung  Kai Properties    Capital   Market   Ltd.            $550,000      2.75%     13/5/2030         563,555       0.00%
     JMH  Co.,  Ltd.                      $550,000      2.50%      9/4/2031        553,657       0.00%
     Airport   Authority                      $550,000      2.63%      4/2/2051        552,790       0.00%
     Hong  Kong  Government    Bond  Programme             HKD4,000,000        1.97%     17/1/2029         535,297       0.00%
     HPHT  Finance   17 Ltd.                   $500,000      2.75%     11/9/2022         504,274       0.00%
     AIA  Group  Ltd.                     $425,000      3.60%      9/4/2029        464,747       0.00%
     Li & Fung  Ltd.                      $450,000      4.50%     18/8/2025         461,472       0.00%
     Hutchison    Whampoa   Finance   UK plc             GBP200,000       5.63%     24/11/2026         322,381       0.00%
     Link  Finance   Cayman   2009  Ltd.                $300,000      3.60%      3/9/2024        314,972       0.00%
     Yuexiu  MTN  Co.,  Ltd.                   $300,000      2.65%      2/2/2026        290,895       0.00%
     Bank  of East  Asia  Ltd.＾                   $270,000      4.00%     29/5/2030         279,925       0.00%
     AIA  Group  Ltd.                     $200,000      3.38%      7/4/2030        216,194       0.00%
     China  Ping  An Insurance   Overseas   Holdings   Ltd.          $225,000      2.85%     12/8/2031         214,648       0.00%
     Nan  Fung  Treasury   Ltd.                  $200,000      3.88%     3/10/2027         207,037       0.00%
     AIA  Group  Ltd.                     $200,000      3.13%     13/3/2023         204,828       0.00%
     Castle  Peak  Power  Finance   Co.,  Ltd.              $200,000      2.20%     22/6/2030         198,193       0.00%
     Hongkong    Land  Finance   Cayman   Islands  Co.,  Ltd.          $200,000      2.25%     15/7/2031         196,732       0.00%
                                                  21,263,655        0.09%
     ハンガリー    0.13%  (2020:  0.15%)
     Hungary   Government    Bond              HUF1,157,000,000          1.00%     26/11/2025         3,169,257       0.01%
     Hungary   Government    Bond              HUF1,000,000,000          3.00%     21/8/2030        2,758,672       0.01%
     Hungary   Government    Bond              HUF1,000,000,000          1.50%     22/4/2026        2,746,284       0.01%
     Hungary   Government    International    Bond             $2,350,000       5.38%     21/2/2023        2,468,931       0.01%
     MFB  Magyar   Fejlesztesi    Bank  Zrt             EUR1,790,000        1.38%     24/6/2025        2,112,821       0.01%
     Hungary   Government    Bond               HUF582,570,000         5.50%     24/6/2025        1,870,147       0.01%
     Hungary   Government    Bond               HUF600,000,000         2.25%     20/4/2033        1,488,187       0.01%
     MVM  Energetika    Zrt                 EUR1,300,000        0.88%     18/11/2027         1,450,990       0.01%
     Hungary   Government    International    Bond            EUR1,300,000        0.50%     18/11/2030         1,449,943       0.01%
     Hungary   Government    International    Bond             $1,200,000       5.75%     22/11/2023         1,302,386       0.01%
     Hungary   Government    International    Bond            EUR1,150,000        0.13%     21/9/2028        1,273,240       0.01%
     Hungary   Government    International    Bond            EUR1,000,000        1.25%     22/10/2025         1,182,780       0.01%
     Hungary   Government    International    Bond            EUR1,000,000        1.13%     28/4/2026        1,179,889       0.01%
     Hungary   Government    International    Bond             $620,000      7.63%     29/3/2041        1,014,526       0.00%
     Hungary   Government    Bond               HUF396,000,000         3.00%     27/10/2038         978,071       0.00%
     Hungary   Government    International    Bond             $825,000      3.13%     21/9/2051         812,364       0.00%
     Hungary   Government    International    Bond            EUR600,000       1.50%     17/11/2050         645,590       0.00%
                                103/362


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     Hungary   Government    Bond               HUF200,000,000         7.00%     24/6/2022         628,365       0.00%
     Hungary   Government    International    Bond             $500,000      5.38%     25/3/2024         543,588       0.00%
     Hungary   Government    International    Bond             $325,000      2.13%     22/9/2031         319,904       0.00%
     Hungary   Government    Bond               HUF100,000,000         1.75%     26/10/2022         305,466       0.00%
     Hungary   Government    Bond               HUF90,000,000         6.00%     24/11/2023         287,154       0.00%
                                                  29,988,555        0.13%
     インド  0.09%  (2020:  0.07%)
     Export-Import     Bank  of India                 $6,685,000       3.88%      1/2/2028        7,148,358       0.03%
     State  Bank  of India                    $3,000,000       4.50%     28/9/2023        3,153,449       0.01%
     Bharti  Airtel  International    Netherlands    BV           $1,350,000       5.35%     20/5/2024        1,454,266       0.01%
     Power  Finance   Corp.,  Ltd.                 $1,250,000       3.95%     23/4/2030        1,288,100       0.01%
     Adani  Ports  & Special   Economic   Zone  Ltd.            $1,200,000       3.38%     24/7/2024        1,235,018       0.01%
     Adani  Transmission     Ltd.                  $1,100,000       4.00%      3/8/2026        1,158,079       0.01%
     ICICI  Bank  Ltd.                     $950,000      4.00%     18/3/2026        1,014,876       0.01%
     ICICI  Bank  Ltd.                     $950,000      3.80%     14/12/2027         1,009,088       0.00%
     Reliance   Industries   Ltd.                   $550,000      4.88%     10/2/2045         688,982       0.00%
     NTPC  Ltd.                       $500,000      4.38%     26/11/2024         532,316       0.00%
     UPL  Corp.,  Ltd.                     $500,000      4.50%      8/3/2028        528,231       0.00%
     Reliance   Industries   Ltd.                   $350,000      3.67%     30/11/2027         375,249       0.00%
     State  Bank  of India                    $300,000      4.88%     17/4/2024         321,120       0.00%
     Adani  Ports  & Special   Economic   Zone  Ltd.            $300,000      4.38%      3/7/2029        313,292       0.00%
     Summit   Digitel  Infrastructure     Pvt Ltd.              $300,000      2.88%     12/8/2031         289,425       0.00%
     Adani  Ports  & Special   Economic   Zone  Ltd.            $300,000      3.10%      2/2/2031        285,680       0.00%
     Export-Import     Bank  of India                 $200,000      3.38%      5/8/2026        209,868       0.00%
     Adani  Ports  & Special   Economic   Zone  Ltd.            $200,000      5.00%      2/8/2041        208,862       0.00%
     Power  Finance   Corp.,  Ltd.                  $200,000      3.75%     18/6/2024         207,663       0.00%
     Adani  Electricity    Mumbai   Ltd.                $200,000      3.95%     12/2/2030         197,839       0.00%
     Indian  Railway   Finance   Corp.,  Ltd.               $200,000      2.80%     10/2/2031         194,617       0.00%
                                                  21,814,378        0.09%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     インドネシア    0.71%  (2020:  0.64%)
     Indonesia   Treasury   Bond               IDR160,000,000,000          6.50%     15/6/2025        11,849,653        0.05%
     Indonesia   Treasury   Bond               IDR117,473,000,000          8.38%     15/3/2034        9,281,214       0.04%
     Indonesia   Treasury   Bond               IDR120,000,000,000          7.00%     15/9/2030        8,743,502       0.04%
     Indonesia   Treasury   Bond               IDR95,000,000,000          8.25%     15/5/2029        7,436,475       0.03%
     Indonesia   Treasury   Bond               IDR90,700,000,000          8.38%     15/4/2039        7,180,145       0.03%
     Indonesia   Treasury   Bond               IDR99,160,000,000          6.13%     15/5/2028        7,080,204       0.03%
     Indonesia   Treasury   Bond               IDR79,454,000,000          6.63%     15/5/2033        5,616,190       0.02%
     Indonesia   Treasury   Bond               IDR69,647,000,000          8.38%     15/3/2024        5,321,550       0.02%
     Indonesia   Treasury   Bond               IDR70,000,000,000          6.50%     15/2/2031        4,961,707       0.02%
     Indonesia   Treasury   Bond               IDR65,869,000,000          7.00%     15/5/2027        4,960,619       0.02%
     Indonesia   Treasury   Bond               IDR63,000,000,000          8.13%     15/5/2024        4,815,340       0.02%
     Indonesia   Treasury   Bond               IDR60,000,000,000          5.50%     15/4/2026        4,275,294       0.02%
     Indonesia   Treasury   Bond               IDR50,000,000,000          8.38%     15/9/2026        3,962,136       0.02%
     Indonesia   Treasury   Bond               IDR50,000,000,000          8.25%     15/5/2036        3,894,406       0.02%
     Indonesia   Treasury   Bond               IDR50,000,000,000          5.13%     15/4/2027        3,538,471       0.02%
     Indonesia   Treasury   Bond               IDR45,000,000,000          7.50%     15/5/2038        3,297,949       0.02%
     Indonesia   Government    International    Bond            $2,500,000       3.40%     18/9/2029        2,700,034       0.01%
     Indonesia   Treasury   Bond               IDR35,000,000,000          7.50%     15/8/2032        2,603,833       0.01%
     Indonesia   Treasury   Bond               IDR33,643,000,000          7.13%     15/6/2042        2,420,554       0.01%
                                104/362

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     Indonesia   Treasury   Bond               IDR33,000,000,000          7.38%     15/5/2048        2,380,930       0.01%
     Pertamina    Persero   PT                  $2,250,000       3.10%     21/1/2030        2,296,995       0.01%
     Indonesia   Treasury   Bond               IDR30,000,000,000          7.50%     15/6/2035        2,209,543       0.01%
     Indonesia   Treasury   Bond               IDR26,937,000,000          8.75%     15/5/2031        2,176,344       0.01%
     Indonesia   Government    International    Bond            $1,700,000       5.13%     15/1/2045        2,118,886       0.01%
     Perusahaan    Perseroan    Persero   PT Perusahaan
                              $1,925,000       4.13%     15/5/2027        2,053,238       0.01%
       Listrik  Negara
     Perusahaan    Perseroan    Persero   PT Perusahaan
                              $1,550,000       6.15%     21/5/2048        1,926,627       0.01%
       Listrik  Negara
     Indonesia   Treasury   Bond               IDR25,000,000,000          5.63%     15/5/2023        1,799,861       0.01%
     Indonesia   Government    International    Bond            $1,600,000       4.75%      8/1/2026        1,786,381       0.01%
     Indonesia   Treasury   Bond               IDR22,658,000,000          7.50%     15/4/2040        1,660,515       0.01%
     Perusahaan    Penerbit   SBSN  Indonesia   III            $1,250,000       4.33%     28/5/2025        1,369,160       0.01%
     Indonesia   Government    International    Bond            $1,175,000       5.88%     15/1/2024        1,286,871       0.01%
     Bank  Mandiri   Persero   Tbk  PT               $1,200,000       3.75%     11/4/2024        1,251,392       0.01%
     Indonesia   Government    International    Bond             $800,000      6.75%     15/1/2044        1,186,363       0.01%
     Indonesia   Government    International    Bond            $1,000,000       4.45%     15/4/2070        1,185,433       0.01%
     Perusahaan    Penerbit   SBSN  Indonesia   III            $1,000,000       4.40%      1/3/2028        1,129,159       0.01%
     Indonesia   Government    International    Bond             $834,000      5.35%     11/2/2049        1,095,292       0.01%
     Indonesia   Asahan   Aluminium    Persero   PT            $1,000,000       5.71%     15/11/2023         1,074,824       0.01%
     Indonesia   Asahan   Aluminium    Persero   PT            $1,000,000       4.75%     15/5/2025        1,065,400       0.01%
     Indonesia   Government    International    Bond             $750,000      6.63%     17/2/2037        1,049,031       0.01%
     Indonesia   Government    International    Bond            $1,000,000       3.50%     14/2/2050        1,036,928       0.01%
     Minejesa   Capital   BV                   $1,000,000       4.63%     10/8/2030        1,026,261       0.01%
     Indonesia   Government    International    Bond             $850,000      4.20%     15/10/2050         974,669       0.01%
     Indonesia   Government    International    Bond             $800,000      4.75%     18/7/2047         971,147       0.01%
     Indonesia   Government    International    Bond             $700,000      5.95%      8/1/2046        969,575       0.01%
     Indonesia   Government    International    Bond             $900,000      4.13%     15/1/2025         967,954       0.01%
     Indonesia   Government    International    Bond             $750,000      4.75%     11/2/2029         872,714       0.00%
     Perusahaan    Penerbit   SBSN  Indonesia   III             $850,000      2.55%      9/6/2031        862,101       0.00%
     Pertamina    Persero   PT                   $700,000      5.63%     20/5/2043         830,573       0.00%
     Perusahaan    Penerbit   SBSN  Indonesia   III             $800,000      3.75%      1/3/2023        827,777       0.00%
     Indonesia   Government    International    Bond             $700,000      4.35%     11/1/2048         805,364       0.00%
     Perusahaan    Perseroan    Persero   PT Perusahaan
                              $600,000      6.25%     25/1/2049         756,979       0.00%
       Listrik  Negara
     Indonesia   Government    International    Bond            EUR660,000       0.90%     14/2/2027         750,811       0.00%
     Perusahaan    Perseroan    Persero   PT Perusahaan
                              $750,000      3.00%     30/6/2030         744,069       0.00%
       Listrik  Negara
     Indonesia   Government    International    Bond             $700,000      3.70%     30/10/2049         741,568       0.00%
     Perusahaan    Penerbit   SBSN  Indonesia   III             $700,000      3.80%     23/6/2050         735,417       0.00%
     Indonesia   Treasury   Bond               IDR10,000,000,000          6.38%     15/4/2032         707,565       0.00%
     Indofood   CBP  Sukses  Makmur   Tbk  PT             $675,000      3.40%      9/6/2031        681,666       0.00%
     Sarana  Multi  Infrastruktur    Persero   PT              $700,000      2.05%     11/5/2026         677,770       0.00%
     Indonesia   Government    International    Bond            EUR570,000       1.45%     18/9/2026         670,305       0.00%
     Indonesia   Government    International    Bond             $425,000      7.75%     17/1/2038         647,936       0.00%
     Bank  Rakyat  Indonesia   Persero   Tbk  PT             $615,000      3.95%     28/3/2024         646,492       0.00%
     Indonesia   Government    International    Bond             $500,000      5.25%     17/1/2042         628,712       0.00%
     Pertamina    Persero   PT                   $600,000      4.18%     21/1/2050         622,466       0.00%
     Perusahaan    Penerbit   SBSN  Indonesia   III             $600,000      2.80%     23/6/2030         618,836       0.00%
     Indonesia   Asahan   Aluminium    Persero   PT             $500,000      6.53%     15/11/2028         602,320       0.00%
     Indonesia   Asahan   Aluminium    Persero   PT             $500,000      5.45%     15/5/2030         571,790       0.00%
     Indonesia   Government    International    Bond             $500,000      3.85%     18/7/2027         548,137       0.00%
                                105/362

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     Perusahaan    Perseroan    Persero   PT Perusahaan
                              $500,000      4.88%     17/7/2049         536,342       0.00%
       Listrik  Negara
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Indonesia   Government    International    Bond              $500,000      4.45%     11/2/2024         534,421      0.00%
     Perusahaan    Perseroan    Persero   PT Perusahaan
                               $500,000      3.88%     17/7/2029         528,825      0.00%
       Listrik  Negara
     Pertamina    Persero   PT                    $400,000      6.45%     30/5/2044         524,401      0.00%
     Indonesia   Government    International    Bond              $500,000      1.85%     12/3/2031         487,123      0.00%
     Indofood   CBP  Sukses  Makmur   Tbk  PT              $450,000      4.75%      9/6/2051        463,597      0.00%
     Perusahaan    Penerbit   SBSN  Indonesia   III              $400,000      4.35%     10/9/2024         432,873      0.00%
     Pelabuhan    Indonesia   II PT                  $400,000      4.25%      5/5/2025        428,691      0.00%
     Indonesia   Government    International    Bond             EUR390,000       1.10%     12/3/2033         427,881      0.00%
     Pertamina    Persero   PT                    $400,000      4.15%     25/2/2060         404,004      0.00%
     Minejesa   Capital   BV                    $350,000      5.63%     10/8/2037         365,917      0.00%
     Indonesia   Government    International    Bond             EUR300,000       1.75%     24/4/2025         355,206      0.00%
     Indonesia   Treasury   Bond                IDR5,000,000,000         6.88%     15/8/2051         354,710      0.00%
     Perusahaan    Penerbit   SBSN  Indonesia   III              $300,000      4.55%     29/3/2026         336,279      0.00%
     Indonesia   Government    International    Bond              $300,000      4.35%      8/1/2027        334,313      0.00%
     Pertamina    Persero   PT                    $233,000      6.50%     27/5/2041         302,998      0.00%
     Pertamina    Persero   PT                    $260,000      4.30%     20/5/2023         270,469      0.00%
     Pertamina    Persero   PT                    $200,000      6.00%      3/5/2042        246,176      0.00%
     Pelabuhan    Indonesia   II PT                  $200,000      5.38%      5/5/2045        236,301      0.00%
     Perusahaan    Perseroan    Persero   PT Perusahaan
                               $200,000      5.45%     21/5/2028         229,042      0.00%
       Listrik  Negara
     Perusahaan    Perseroan    Persero   PT Perusahaan
                               $200,000      5.25%     24/10/2042         225,184      0.00%
       Listrik  Negara
     Indonesia   Government    International    Bond              $200,000      4.10%     24/4/2028         222,928      0.00%
     Indonesia   Government    International    Bond              $200,000      3.50%     11/1/2028         215,742      0.00%
     Pelabuhan    Indonesia   III Persero   PT               $200,000      4.88%     1/10/2024         215,609      0.00%
     LLPL  Capital   Pte Ltd.                    $179,340      6.88%      4/2/2039        204,405      0.00%
     Indonesia   Government    International    Bond              $125,000      8.50%     12/10/2035         199,424      0.00%
                                                  166,622,284        0.71%
     アイルランド    0.47%  (2020:  0.43%)
     Ireland  Government    Bond                 EUR15,000,000        1.10%     15/5/2029        18,444,895       0.08%
     Ireland  Government    Bond                 EUR12,506,703        0.55%     22/4/2041        13,874,601       0.06%
     Ireland  Government    Bond                 EUR8,000,000        0.20%     15/5/2027        9,298,246       0.04%
     Ireland  Government    Bond                 EUR3,402,000        1.50%     15/5/2050        4,461,417       0.02%
     Ireland  Government    Bond                 EUR3,579,000        0.40%     15/5/2035        4,016,782       0.02%
     Ireland  Government    Bond                 EUR3,000,000        1.35%     18/3/2031        3,798,954       0.02%
     Avolon   Holdings   Funding   Ltd.                 $3,237,000       2.53%     18/11/2027        3,152,795       0.01%
     Ireland  Government    Bond                 EUR2,000,000        1.30%     15/5/2033        2,514,793       0.01%
     CRH  SMW  Finance   DAC                 EUR2,000,000        1.25%     5/11/2026        2,372,017       0.01%
     Ireland  Government    Bond                 EUR2,081,000        0.00%     18/10/2031        2,311,190       0.01%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust       $2,050,000       2.45%     29/10/2026        2,065,388       0.01%
     CRH  Finland   Services   OYJ                 EUR1,700,000        0.88%     5/11/2023        1,966,384       0.01%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust       $1,860,000       3.30%     30/1/2032        1,896,831       0.01%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust       $1,850,000       3.00%     29/10/2028        1,877,740       0.01%
     ESB  Finance   DAC                    GBP1,300,000        1.88%     21/7/2035        1,765,061       0.01%
     Ryanair   DAC                     EUR1,348,000        0.88%     25/5/2026        1,533,342       0.01%
     DAA  Finance   plc                   EUR1,220,000        1.55%      7/6/2028        1,460,026       0.01%
                                106/362


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     AIB Group  plc                     $1,300,000       4.75%     12/10/2023        1,375,257       0.01%
     Linde  plc                      EUR1,200,000        0.38%     30/9/2033        1,331,994       0.01%
     Kerry  Group  Financial   Services   Unltd  Co.            EUR1,170,000        0.88%     1/12/2031        1,322,240       0.01%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust       $1,200,000       3.30%     23/1/2023        1,225,562       0.01%
     ESB  Finance   DAC                    EUR1,000,000        1.13%     11/6/2030        1,189,530       0.01%
     Bank  of Ireland  Group  plc                  $1,100,000       4.50%     25/11/2023        1,162,645       0.01%
     Kerry  Group  Financial   Services   Unltd  Co.            EUR1,000,000        0.63%     20/9/2029        1,136,998       0.01%
     Linde  plc                      EUR1,000,000        0.00%     30/9/2026        1,131,996       0.01%
     Dell  Bank  International    DAC                EUR1,000,000        0.50%     27/10/2026        1,129,777       0.01%
     Smurfit   Kappa  Treasury   ULC                EUR1,000,000        1.00%     22/9/2033        1,118,538       0.01%
     DXC  Capital   Funding   DAC                 EUR900,000       0.45%     15/9/2027         992,191      0.01%
     Avolon   Holdings   Funding   Ltd.                 $1,000,000       2.13%     21/2/2026         982,697      0.01%
     Bank  of Ireland  Group  plc＾                 EUR800,000       1.00%     25/11/2025         927,658      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $850,000      3.88%     23/1/2028         904,186      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $850,000      3.65%     21/7/2027         896,779      0.00%
     CRH  America   Finance,   Inc.                  $800,000      3.95%      4/4/2028        881,681      0.00%
     Ireland  Government    Bond                  EUR720,000       1.00%     15/5/2026         867,495      0.00%
     Bank  of Ireland  Mortgage   Bank                EUR700,000       0.63%     14/3/2025         814,528      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $800,000      3.40%     29/10/2033         814,196      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $750,000      3.85%     29/10/2041         778,465      0.00%
     ESB  Finance   DAC                    EUR600,000       2.13%     5/11/2033         774,100      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $677,000      4.45%      3/4/2026        735,322      0.00%
     CRH  America   Finance,   Inc.                  $650,000      3.40%      9/5/2027        693,889      0.00%
     Avolon   Holdings   Funding   Ltd.                 $625,000      4.38%      1/5/2026        666,979      0.00%
     Ireland  Government    Bond                  EUR485,611       1.70%     15/5/2037         646,208      0.00%
     CRH  America   Finance,   Inc.                  $473,000      4.40%      9/5/2047        570,700      0.00%
     GAS  Networks   Ireland                    EUR500,000       0.13%     4/12/2024         570,538      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     DXC  Capital   Funding   DAC                 EUR500,000       0.95%     15/9/2031         543,236      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $500,000      2.88%     14/8/2024         514,266      0.00%
     Smurfit   Kappa  Acquisitions    ULC                EUR400,000       2.88%     15/1/2026         497,054      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $500,000      1.75%     30/1/2026         491,180      0.00%
     AIB Group  plc                     EUR400,000       1.25%     28/5/2024         467,187      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $450,000      1.65%     29/10/2024         449,408      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $450,000      1.15%     29/10/2023         448,116      0.00%
     Ireland  Government    Bond                  EUR266,908       2.00%     18/2/2045         387,979      0.00%
     ESB  Finance   DAC                    EUR300,000       2.13%      8/6/2027        373,289      0.00%
     Park  Aerospace    Holdings   Ltd.                 $350,000      4.50%     15/3/2023         361,328      0.00%
     Avolon   Holdings   Funding   Ltd.                 $335,000      2.88%     15/2/2025         341,986      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $275,000      4.88%     16/1/2024         292,532      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $225,000      4.63%     15/10/2027         248,516      0.00%
     Park  Aerospace    Holdings   Ltd.                 $224,000      5.50%     15/2/2024         240,445      0.00%
     GAS  Networks   Ireland                    EUR200,000       1.38%     5/12/2026         239,218      0.00%
     Avolon   Holdings   Funding   Ltd.                 $200,000      3.95%      1/7/2024        209,491      0.00%
     SMBC  Aviation   Capital   Finance   DAC               $200,000      4.13%     15/7/2023         208,414      0.00%
     Kerry  Group  Financial   Services   Unltd  Co.             $200,000      3.20%      9/4/2023        204,653      0.00%
     Phosagro   OAO  Via Phosagro   Bond  Funding   DAC           $200,000      2.60%     16/9/2028         194,295      0.00%
     CRH  America   Finance,   Inc.                  $150,000      4.50%      4/4/2048        183,577      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $150,000      6.50%     15/7/2025         171,532      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $150,000      4.50%     15/9/2023         157,424      0.00%
                                107/362


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     Avolon   Holdings   Funding   Ltd.                 $150,000      3.25%     15/2/2027         151,955      0.00%
     AerCap   Ireland  Capital   DAC/AerCap     Global  Aviation   Trust        $125,000      4.45%     1/10/2025         134,606      0.00%
     ESB  Finance   DAC                    EUR100,000       3.49%     12/1/2024         121,908      0.00%
                                                  110,086,206        0.47%
     マン島  0.01%  (2020:  0.00%)
     Isle of Man  Government    International     Bond           GBP1,500,000        1.63%     14/9/2051        1,978,277       0.01%
                                                  1,978,277       0.01%
     イスラエル    0.24%  (2020:  0.24%)
     Israel  Government    Bond-Fixed                  ILS27,000,000        0.50%     30/4/2025        8,772,137       0.04%
     Israel  Government    Bond-Fixed                  ILS23,100,000        1.00%     31/3/2030        7,462,004       0.03%
     Israel  Government    Bond-Fixed                  ILS15,040,000        3.75%     31/3/2047        6,365,567       0.03%
     Israel  Government    Bond-Fixed                  ILS12,000,000        2.00%     31/3/2027        4,198,304       0.02%
     Israel  Government    Bond-Fixed                  ILS10,500,000        1.75%     31/8/2025        3,568,597       0.02%
     Israel  Government    Bond-Fixed                  ILS10,000,000        1.50%     30/11/2023        3,305,809       0.02%
     State  of Israel                      $2,400,000       3.80%     13/5/2060        2,786,442       0.01%
     Israel  Government    Bond  -Fixed                ILS8,000,000        0.40%     31/10/2024        2,589,127       0.01%
     Israel  Government    Bond-Fixed                  ILS7,200,000        2.25%     28/9/2028        2,551,831       0.01%
     Israel  Government    International    Bond             EUR1,710,000        1.50%     18/1/2027        2,085,474       0.01%
     Israel  Government    Bond-Fixed                  ILS5,000,000        4.25%     31/3/2023        1,742,867       0.01%
     Israel  Government    International    Bond              $1,515,000       2.88%     16/3/2026        1,602,550       0.01%
     State  of Israel                      $1,200,000       3.38%     15/1/2050        1,299,803       0.01%
     State  of Israel                      $1,100,000       2.50%     15/1/2030        1,145,843       0.01%
     Israel  Government    Bond-Fixed                  ILS2,470,000        1.50%     31/5/2037         766,459      0.00%
     Israel  Electric   Corp.,  Ltd.                   $700,000      5.00%     12/11/2024         759,713      0.00%
     Israel  Government    International    Bond              EUR500,000       2.50%     16/1/2049         735,029      0.00%
     Israel  Government    Bond-Fixed                  ILS1,300,000        5.50%     31/1/2042         685,712      0.00%
     Israel  Electric   Corp.,  Ltd.                   $600,000      4.25%     14/8/2028         659,286      0.00%
     Israel  Government    International    Bond               $500,000      4.50%     30/1/2043         640,531      0.00%
     Israel  Government    International    Bond               $500,000      4.50%      3/4/2120        639,979      0.00%
     Israel  Government    Bond-Fixed                  ILS1,500,000        6.25%     30/10/2026         619,297      0.00%
     Israel  Government    International    Bond               $400,000      3.88%      3/7/2050        467,984      0.00%
     Israel  Government    International    Bond               $400,000      3.15%     30/6/2023         413,905      0.00%
     ICL Group  Ltd.                      $300,000      6.38%     31/5/2038         386,184      0.00%
     Israel  Government    International    Bond               $200,000      4.13%     17/1/2048         245,533      0.00%
                                                  56,495,967        0.24%
     イタリア   3.94%  (2020:  4.14%)
     Italy  Buoni  Poliennali   Del Tesoro               EUR79,921,000        1.85%      1/7/2025       96,128,430        0.41%
     Italy  Buoni  Poliennali   Del Tesoro               EUR69,120,000        0.00%     30/1/2024        78,715,990        0.34%
     Italy  Buoni  Poliennali   Del Tesoro               EUR37,418,000        1.65%     1/12/2030        44,757,651        0.19%
     Italy  Buoni  Poliennali   Del Tesoro               EUR35,296,000        0.25%     15/3/2028        39,145,037        0.17%
     Italy  Buoni  Poliennali   Del Tesoro               EUR33,130,000        0.50%     15/7/2028        37,169,137        0.16%
     Italy  Buoni  Poliennali   Del Tesoro               EUR30,000,000        0.00%     29/11/2022        34,248,062        0.15%
     Italy  Buoni  Poliennali   Del Tesoro               EUR30,000,000        0.90%      1/4/2031       33,555,217        0.14%
     Italy  Buoni  Poliennali   Del Tesoro               EUR23,281,000        3.75%      1/9/2024       29,095,096        0.12%
     Italy  Buoni  Poliennali   Del Tesoro               EUR27,312,000        0.95%      1/3/2037       28,602,662        0.12%
     Italy  Buoni  Poliennali   Del Tesoro               EUR21,012,000        1.80%      1/3/2041       24,103,038        0.10%
     Italy  Buoni  Poliennali   Del Tesoro               EUR21,162,000        0.95%     1/12/2031        23,574,903        0.10%
     Italy  Buoni  Poliennali   Del Tesoro               EUR18,432,000        2.05%      1/8/2027       22,698,055        0.10%
     Italy  Buoni  Poliennali   Del Tesoro               EUR17,908,000        2.45%      1/9/2050       22,395,286        0.10%
     Italy  Buoni  Poliennali   Del Tesoro               EUR15,495,000        3.00%      1/8/2029       20,447,926        0.09%
     Italy  Buoni  Poliennali   Del Tesoro               EUR16,563,000        1.75%      1/7/2024       19,650,984        0.08%
                                108/362


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                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     Italy  Buoni  Poliennali   Del Tesoro              EUR16,500,000        0.85%     15/1/2027        19,137,624        0.08%
     Italy  Buoni  Poliennali   Del Tesoro              EUR16,000,000        1.35%      1/4/2030       18,796,138        0.08%
     Italy  Buoni  Poliennali   Del Tesoro              EUR16,538,000        0.00%     15/8/2024        18,789,945        0.08%
     Italy  Buoni  Poliennali   Del Tesoro              EUR15,500,000        0.95%     15/9/2027        18,001,103        0.08%
     Italy  Buoni  Poliennali   Del Tesoro              EUR12,350,000        3.50%      1/3/2030       16,944,234        0.07%
     Italy  Buoni  Poliennali   Del Tesoro              EUR13,705,000        2.10%     15/7/2026        16,808,244        0.07%
     Italy  Buoni  Poliennali   Del Tesoro              EUR11,530,000        2.95%      1/9/2038       15,729,689        0.07%
     Italy  Buoni  Poliennali   Del Tesoro              EUR11,381,000        2.20%      1/6/2027       14,120,056        0.06%
     Italy  Buoni  Poliennali   Del Tesoro              EUR12,791,000        1.50%     30/4/2045        13,652,615        0.06%
     Italy  Buoni  Poliennali   Del Tesoro               EUR7,530,000        4.75%      1/9/2044       13,268,798        0.06%
     Italy  Buoni  Poliennali   Del Tesoro               EUR9,961,000        2.80%      1/3/2067       12,787,319        0.06%
     Italy  Buoni  Poliennali   Del Tesoro               EUR8,983,000        3.35%      1/3/2035       12,563,278        0.05%
     Italy  Buoni  Poliennali   Del Tesoro              EUR10,046,000        0.00%      1/8/2026       11,209,666        0.05%
     Italy  Buoni  Poliennali   Del Tesoro               EUR8,167,000        2.45%      1/9/2033       10,453,861        0.05%
     Italy  Buoni  Poliennali   Del Tesoro               EUR7,181,000        3.10%      1/3/2040        9,983,673       0.04%
     Italy  Buoni  Poliennali   Del Tesoro               EUR8,616,000        0.50%      1/2/2026        9,874,317       0.04%
     Italy  Buoni  Poliennali   Del Tesoro               EUR4,859,000        3.85%      1/9/2049        7,755,819       0.03%
     Italy  Buoni  Poliennali   Del Tesoro               EUR6,054,000        0.30%     15/8/2023        6,949,997       0.03%
     Italy  Buoni  Poliennali   Del Tesoro               EUR2,846,000        3.25%      1/9/2046        4,100,240       0.02%
     UniCredit   SpA＾                    EUR3,250,000        2.20%     22/7/2027        3,901,355       0.02%
     UniCredit   SpA＾                     $3,625,000       3.13%      3/6/2032        3,579,451       0.02%
     Eni SpA                      EUR3,000,000        1.25%     18/5/2026        3,547,757       0.02%
     Italy  Buoni  Poliennali   Del Tesoro               EUR3,212,000        1.70%      1/9/2051        3,422,447       0.02%
     Italy  Buoni  Poliennali   Del Tesoro               EUR1,832,000        4.00%      1/2/2037        2,777,012       0.01%
     Intesa  Sanpaolo   SpA                   $2,650,000       3.25%     23/9/2024        2,757,285       0.01%
     Italy  Buoni  Poliennali   Del Tesoro               EUR2,127,000        1.65%      1/3/2032        2,534,187       0.01%
     Enel  Finance   International    NV              EUR2,240,000        0.00%     17/6/2027        2,485,634       0.01%
     Republic   of Italy  Government    International    Bond          $2,487,000       1.25%     17/2/2026        2,423,547       0.01%
     Italy  Buoni  Poliennali   Del Tesoro               EUR2,200,000        0.60%      1/8/2031        2,382,966       0.01%
     UniCredit   SpA                    EUR2,000,000        0.85%     19/1/2031        2,204,717       0.01%
     Cassa  Depositi   e Prestiti   SpA               EUR1,800,000        2.13%     27/9/2023        2,128,248       0.01%
     Enel  Finance   International    NV              GBP1,490,000        1.00%     20/10/2027         1,945,802       0.01%
     Republic   of Italy  Government    International    Bond          $1,800,000       3.88%      6/5/2051        1,926,033       0.01%
     Enel  Finance   International    NV              EUR1,700,000        0.00%     28/5/2026        1,907,106       0.01%
     UniCredit   SpA＾                    EUR1,500,000        1.25%     25/6/2025        1,746,653       0.01%
     Enel  Finance   International    NV               $1,625,000       3.50%      6/4/2028        1,738,464       0.01%
     Intesa  Sanpaolo   SpA                  GBP1,100,000        2.50%     15/1/2030        1,502,354       0.01%
     Cassa  Depositi   e Prestiti   SpA               EUR1,200,000        2.00%     20/4/2027        1,468,254       0.01%
     Enel  Finance   International    NV              EUR1,300,000        0.50%     17/6/2030        1,449,151       0.01%
     Enel  SpA＾                      EUR1,300,000        1.88%      Perpetual        1,432,905       0.01%
     UniCredit   SpA＾                    EUR1,255,000        0.80%      5/7/2029        1,425,338       0.01%
     Italy  Buoni  Poliennali   Del Tesoro               EUR1,227,000        0.60%     15/6/2023        1,415,252       0.01%
     2i Rete  Gas SpA                   EUR1,100,000        2.20%     11/9/2025        1,334,070       0.01%
     Enel  Finance   International    NV               $1,000,000       6.00%     7/10/2039        1,330,129       0.01%
     Eni SpA                      EUR1,000,000        2.00%     18/5/2031        1,258,385       0.01%
     A2A  SpA                      EUR1,100,000        1.00%     2/11/2033        1,240,094       0.01%
     Republic   of Italy  Government    International    Bond          $1,123,000       6.88%     27/9/2023        1,233,500       0.01%
     Intesa  Sanpaolo   SpA                  EUR1,000,000        1.75%      4/7/2029        1,202,686       0.01%
     UniCredit   SpA＾                    EUR1,030,000        1.25%     16/6/2026        1,200,567       0.01%
     Intesa  Sanpaolo   SpA                  EUR1,050,000        0.75%     16/3/2028        1,190,891       0.01%
                                109/362


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     Intesa  Sanpaolo   SpA                  EUR1,000,000        1.00%     25/9/2025        1,183,182       0.01%
     Intesa  Sanpaolo   SpA                  EUR1,000,000        2.13%     30/8/2023        1,178,721       0.01%
     Mediobanca    Banca  di Credito   Finanziario    SpA         EUR1,000,000        1.13%     12/8/2024        1,177,156       0.01%
     Eni SpA                      EUR1,000,000        1.00%     14/3/2025        1,168,443       0.01%
     Banco  di Desio  e della  Brianza   SpA             EUR1,000,000        0.88%     12/9/2024        1,166,151       0.01%
     Banco  BPM  SpA                   EUR1,000,000        1.13%     25/9/2023        1,165,854       0.01%
     Intesa  Sanpaolo   SpA                  EUR1,000,000        0.50%     15/7/2024        1,158,198       0.01%
     Mediobanca    Banca  di Credito   Finanziario    SpA         EUR1,000,000        0.88%     15/1/2026        1,149,446       0.01%
     Credit  Agricole   Italia  SpA                EUR1,000,000        0.25%     17/1/2028        1,146,531       0.01%
     Eni SpA                      EUR1,000,000        0.63%     23/1/2030        1,130,485       0.01%
     Cassa  Depositi   e Prestiti   SpA               EUR1,000,000        0.75%     30/6/2029        1,126,123       0.01%
     ASTM  SpA                     EUR1,000,000        1.50%     25/1/2030        1,120,375       0.01%
     Intesa  Sanpaolo   SpA                   EUR850,000       2.13%     26/5/2025        1,023,474       0.01%
     Enel  SpA                      EUR920,000       1.38%      Perpetual        1,021,457       0.01%
     Republic   of Italy  Government    International    Bond          GBP600,000       6.00%      4/8/2028        1,013,251       0.00%
     Cassa  Depositi   e Prestiti   SpA                EUR800,000       2.13%     21/3/2026         976,187       0.00%
     Enel  Finance   International    NV               EUR900,000       0.88%     17/6/2036         976,167       0.00%
     Assicurazioni     Generali   SpA                EUR790,000       2.43%     14/7/2031         952,463       0.00%
     Ferrovie   dello  Stato  Italiane   SpA               EUR800,000       0.88%     7/12/2023         928,494       0.00%
     ASTM  SpA                      EUR800,000       1.00%     25/11/2026         912,463       0.00%
     Enel  Finance   International    NV               EUR800,000       0.38%     28/5/2029         892,438       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Republic   of Italy  Government    International    Bond           $800,000      4.00%     17/10/2049         881,960       0.00%
     UniCredit   SpA                    EUR750,000       0.38%     31/10/2026         862,806       0.00%
     Terna  -Rete  Elettrica   Nazionale                EUR700,000       1.38%     26/7/2027         836,051       0.00%
     Eni SpA＾                       EUR700,000       3.38%      Perpetual        834,824       0.00%
     Banca  Monte  dei Paschi  di Siena  SpA             EUR700,000       0.88%     8/10/2026         818,835       0.00%
     UniCredit   SpA＾                    EUR700,000       1.20%     20/1/2026         808,761       0.00%
     Republic   of Italy  Government    International    Bond           $650,000      5.38%     15/6/2033         804,418       0.00%
     UniCredit   SpA                    EUR700,000       0.50%      9/4/2025        800,345       0.00%
     Snam  SpA                      EUR700,000       0.00%     15/8/2025         790,907       0.00%
     Enel  SpA                      GBP400,000       5.75%     22/6/2037         774,977       0.00%
     Eni SpA                        $600,000      5.70%     1/10/2040         766,978       0.00%
     FCA  Bank  SpA                    EUR650,000       0.50%     18/9/2023         744,639       0.00%
     Enel  Finance   International    NV               GBP350,000       5.75%     14/9/2040         706,135       0.00%
     Enel  SpA＾                      EUR600,000       2.25%      Perpetual        704,377       0.00%
     Iren  SpA                      EUR600,000       0.88%     4/11/2024         696,118       0.00%
     Terna  -Rete  Elettrica   Nazionale                EUR600,000       1.00%     23/7/2023         694,745       0.00%
     ASTM  SpA                      EUR612,000       2.38%     25/11/2033         692,431       0.00%
     Republic   of Italy  Government    International    Bond           $700,000      0.88%      6/5/2024        692,359       0.00%
     FCA  Bank  SpA                    EUR600,000       0.25%     28/2/2023         685,124       0.00%
     Enel  Finance   International    NV                $700,000      1.38%     12/7/2026         683,191       0.00%
     Enel  Finance   International    NV                $550,000      4.75%     25/5/2047         674,917       0.00%
     Enel  Finance   International    NV               EUR600,000       0.88%     28/9/2034         667,904       0.00%
     Republic   of Italy  Government    International    Bond           $650,000      2.88%     17/10/2029         664,501       0.00%
     Enel  Finance   International    NV                $675,000      1.88%     12/7/2028         658,377       0.00%
     Mediobanca    Banca  di Credito   Finanziario    SpA          EUR500,000       1.25%     24/11/2029         615,045       0.00%
     Enel  SpA＾                      EUR500,000       3.50%     24/5/2080         610,850       0.00%
     Credit  Agricole   Italia  SpA                 EUR500,000       1.00%     17/1/2045         607,544       0.00%
     Mediobanca    Banca  di Credito   Finanziario    SpA          EUR500,000       1.38%     10/11/2025         600,658       0.00%
                                110/362


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     Enel  Finance   International    NV                $600,000      2.25%     12/7/2031         581,204       0.00%
     Enel  Finance   International    NV               GBP385,000       5.63%     14/8/2024         579,248       0.00%
     Intesa  Sanpaolo   SpA                   EUR500,000       1.00%     19/11/2026         578,359       0.00%
     Intesa  Sanpaolo   SpA                   EUR500,000       0.63%     23/3/2023         576,118       0.00%
     FCA  Bank  SpA                    EUR500,000       0.50%     13/9/2024         573,545       0.00%
     UniCredit   SpA                      $500,000      4.63%     12/4/2027         547,801       0.00%
     Intesa  Sanpaolo   SpA                   EUR470,000       1.00%      4/7/2024        545,630       0.00%
     Intesa  Sanpaolo   SpA                    $500,000      3.38%     12/1/2023         511,459       0.00%
     Eni SpA                       EUR400,000       1.63%     17/5/2028         487,243       0.00%
     Iren  SpA                      EUR400,000       1.95%     19/9/2025         480,532       0.00%
     ERG  SpA                      EUR400,000       1.88%     11/4/2025         476,972       0.00%
     Assicurazioni     Generali   SpA                EUR400,000       2.12%     1/10/2030         476,494       0.00%
     Banca  Popolare   di Sondrio   SCPA               EUR400,000       0.75%      4/4/2023        459,945       0.00%
     Eni SpA＾                       EUR400,000       2.75%      Perpetual        454,382       0.00%
     Eni SpA＾                       EUR400,000       2.00%      Perpetual        452,644       0.00%
     Enel  Finance   International    NV               EUR300,000       1.13%     16/9/2026         353,560       0.00%
     Enel  SpA＾                      EUR300,000       2.50%      Perpetual        352,178       0.00%
     ASTM  SpA                      EUR300,000       1.63%      8/2/2028        347,478       0.00%
     Hera  SpA                      EUR300,000       1.00%     25/4/2034         340,492       0.00%
     Enel  Finance   International    NV                $300,000      2.65%     10/9/2024         308,963       0.00%
     Enel  SpA＾                      EUR200,000       3.38%      Perpetual        247,724       0.00%
     Eni SpA＾                       EUR200,000       2.63%      Perpetual        235,507       0.00%
     A2A  SpA                      EUR200,000       1.00%     16/7/2029         233,731       0.00%
     Eni SpA                        $200,000      4.25%      9/5/2029        224,692       0.00%
     Intesa  Sanpaolo   SpA                    $200,000      3.88%     14/7/2027         212,624       0.00%
     Eni SpA                        $200,000      4.00%     12/9/2023         209,343       0.00%
     Republic   of Italy  Government    International    Bond           $200,000      2.38%     17/10/2024         204,925       0.00%
     Eni SpA                       EUR100,000       3.75%     12/9/2025         128,783       0.00%
     Covivio                        EUR100,000       2.38%     20/2/2028         124,282       0.00%
     Eni SpA                       EUR100,000       1.50%      2/2/2026        119,834       0.00%
     Eni SpA                       EUR100,000       3.25%     10/7/2023         119,569       0.00%
     Eni SpA                       EUR100,000       1.75%     18/1/2024         117,933       0.00%
     Enel  SpA＾                        $50,000      8.75%     24/9/2073         55,761      0.00%
                                                 921,972,121        3.94%
     日本  8.98%  (2020:  9.54%)
     Japan  Government    Bond                JPY4,881,150,000         0.10%     20/3/2023        42,485,667        0.18%
     Japan  Government    Bond                JPY4,550,000,000         0.01%     20/6/2026        39,664,875        0.17%
     Japan  Government    Bond                JPY4,251,000,000         0.10%     20/12/2030        37,179,221        0.16%
     Japan  Government    Bond                JPY4,185,000,000         0.10%     20/9/2025        36,599,084        0.16%
     Japan  Government    Bond                JPY3,730,000,000         0.10%     20/9/2030        32,649,864        0.14%
     Japan  Government    Bond                JPY3,500,000,000         0.10%     20/6/2031        30,521,824        0.13%
     Japan  Government    Bond                JPY3,300,000,000         0.10%     20/6/2025        28,858,582        0.12%
     Japan  Government    Bond                JPY2,800,000,000         1.70%     20/3/2032        28,255,020        0.12%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Japan  Government    Bond                JPY3,170,000,000         0.10%     20/12/2025        27,732,934        0.12%
     Japan  Government    Bond                JPY3,050,000,000         0.10%     20/9/2031        26,561,134        0.11%
     Japan  Government    Bond                JPY2,276,100,000         2.00%     20/9/2041        25,410,206        0.11%
     Japan  Government    Bond                JPY2,790,000,000         0.10%     20/6/2030        24,447,601        0.11%
     Japan  Government    Bond                JPY2,720,750,000         0.50%     20/12/2040        23,797,577        0.10%
     Japan  Government    Bond                JPY2,585,000,000         0.10%     20/3/2030        22,669,283        0.10%
                                111/362


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     Japan  Government    Bond                JPY2,400,000,000         0.01%      1/7/2023       20,872,791        0.09%
     Japan  Government    Bond                JPY2,275,000,000         0.10%     20/12/2024        19,868,118        0.09%
     Japan  Government    Bond                JPY2,270,000,000         0.40%     20/3/2040        19,605,725        0.08%
     Japan  Government    Bond                JPY2,268,000,000         0.40%     20/9/2040        19,525,146        0.08%
     Japan  Government    Bond                JPY2,216,300,000         0.50%     20/3/2041        19,355,792        0.08%
     Japan  Government    Bond                JPY2,175,000,000         0.40%     20/6/2040        18,758,419        0.08%
     Japan  Government    Bond                JPY2,100,000,000         0.01%     20/9/2026        18,305,662        0.08%
     Japan  Government    Bond                JPY2,070,000,000         0.40%     20/6/2041        17,744,039        0.08%
     Japan  Government    Bond                JPY2,000,000,000         0.10%     20/9/2026        17,511,350        0.08%
     Japan  Government    Bond                JPY2,000,000,000         0.01%     20/3/2026        17,431,820        0.08%
     Japan  Government    Bond                JPY2,000,000,000         0.01%      1/5/2023       17,391,051        0.08%
     Japan  Government    Bond                JPY1,957,000,000         0.10%     20/12/2029        17,170,639        0.07%
     Japan  Government    Bond                JPY1,906,300,000         0.10%     20/9/2029        16,730,126        0.07%
     Japan  Government    Bond                JPY1,675,000,000         1.40%     20/9/2034        16,710,807        0.07%
     Japan  Government    Bond                JPY1,710,000,000         1.00%     20/12/2035        16,354,792        0.07%
     Japan  Government    Bond                JPY1,850,000,000         0.40%     20/6/2025        16,339,833        0.07%
     Japan  Government    Bond                JPY1,745,000,000         0.10%     20/3/2031        15,238,212        0.07%
     Japan  Government    Bond                JPY1,585,000,000         0.70%     20/3/2037        14,554,344        0.06%
     Japan  Government    Bond                JPY1,633,600,000         0.10%     20/6/2029        14,342,766        0.06%
     Japan  Government    Bond                JPY1,395,000,000         1.50%     20/6/2034        14,068,235        0.06%
     Japan  Government    Bond                JPY1,590,000,000         0.70%     20/6/2051        13,859,941        0.06%
     Japan  Government    Bond                JPY1,332,950,000         1.70%     20/6/2033        13,596,920        0.06%
     Japan  Government    Bond                JPY1,518,950,000         0.70%     20/12/2048        13,355,977        0.06%
     Japan  Government    Bond                JPY1,560,600,000         0.30%     20/9/2039        13,286,243        0.06%
     Japan  Government    Bond                JPY1,194,850,000         2.00%     20/9/2040        13,257,793        0.06%
     Japan  Government    Bond                JPY1,490,000,000         0.40%     20/3/2036        13,173,730        0.06%
     Japan  Government    Bond                JPY1,450,000,000         0.60%     20/12/2036        13,142,043        0.06%
     Japan  Government    Bond                JPY1,500,000,000         0.10%     20/6/2024        13,084,494        0.06%
     Japan  Government    Bond                JPY1,473,000,000         0.50%     20/3/2038        13,066,779        0.06%
     Japan  Government    Bond                JPY1,480,000,000         0.10%     1/10/2022        12,872,057        0.06%
     Japan  Government    Bond                JPY1,432,000,000         0.50%     20/6/2038        12,698,087        0.06%
     Japan  Government    Bond                JPY1,255,000,000         1.50%     20/3/2034        12,616,179        0.05%
     Japan  Government    Bond                JPY1,445,000,000         0.20%     20/6/2036        12,397,895        0.05%
     Japan  Government    Bond                JPY1,445,000,000         0.60%     20/9/2050        12,297,203        0.05%
     Japan  Government    Bond                JPY1,405,000,000         0.70%     20/12/2050        12,278,129        0.05%
     Japan  Government    Bond                JPY1,227,650,000         1.30%     20/6/2035        12,175,125        0.05%
     Japan  Government    Bond                JPY1,375,000,000         0.50%     20/9/2024        12,133,777        0.05%
     Japan  Government    Bond                JPY1,417,000,000         0.30%     20/6/2039        12,094,431        0.05%
     Japan  Government    Bond                JPY1,400,000,000         0.70%     20/3/2061        11,982,451        0.05%
     Japan  Government    Bond                JPY1,177,750,000         1.80%     20/9/2031        11,936,762        0.05%
     Japan  Government    Bond                JPY1,213,650,000         1.20%     20/12/2034        11,866,559        0.05%
     Japan  Government    Bond                JPY1,360,000,000         0.10%     20/6/2023        11,844,367        0.05%
     Japan  Government    Bond                JPY1,355,000,000         0.70%     20/3/2051        11,814,574        0.05%
     Japan  Government    Bond                JPY1,300,000,000         0.80%     20/3/2048        11,773,680        0.05%
     Japan  Government    Bond                JPY1,302,450,000         0.50%     20/12/2038        11,526,617        0.05%
     Japan  Government    Bond                JPY1,024,550,000         2.00%     20/3/2042        11,477,131        0.05%
     Japan  Government    Bond                JPY1,423,000,000         0.50%     20/3/2060        11,443,457        0.05%
     Japan  Government    Bond                JPY1,300,000,000         0.70%     20/9/2051        11,316,932        0.05%
     Japan  Government    Bond                JPY1,034,200,000         1.70%     20/3/2044        11,187,714        0.05%
     Japan  Government    Bond                JPY1,266,000,000         0.10%     20/12/2028        11,114,827        0.05%
     Japan  Government    Bond                JPY995,000,000         1.90%     20/9/2042        11,017,253        0.05%
     Japan  Government    Bond                JPY1,280,000,000         0.60%     20/6/2050        10,878,340        0.05%
                                112/362

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     Japan  Government    Bond                JPY1,060,300,000         1.70%     20/9/2032        10,746,551        0.05%
     Japan  Government    Bond                JPY1,214,000,000         0.80%     20/6/2023        10,678,775        0.05%
     Japan  Government    Bond                JPY1,220,000,000         0.40%     20/3/2039        10,605,059        0.05%
     Japan  Government    Bond                JPY1,162,100,000         0.10%     20/6/2028        10,196,250        0.04%
     Japan  Government    Bond                JPY1,120,000,000         0.60%     20/9/2037        10,120,676        0.04%
     Japan  Government    Bond                JPY1,150,000,000         0.01%      1/4/2023        9,998,095       0.04%
     Japan  Government    Bond                JPY1,070,000,000         0.90%     20/3/2057        9,835,103       0.04%
     Japan  Government    Bond                JPY1,120,000,000         0.50%     20/9/2041        9,762,991       0.04%
     Major  Joint  Local  Government    Bond            JPY1,100,000,000         0.13%     25/10/2030         9,577,576       0.04%
     Japan  Government    Bond                JPY1,100,000,000         0.10%     1/11/2022        9,569,115       0.04%
     Japan  Government    Bond                JPY970,000,000         1.20%     20/9/2035        9,493,866       0.04%
     Japan  Government    Bond                JPY1,165,000,000         0.40%     20/3/2050        9,417,773       0.04%
     Japan  Government    Bond                JPY1,044,500,000         0.70%     20/6/2048        9,231,060       0.04%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Japan  Government    Bond                JPY1,070,000,000         0.30%     20/12/2039         9,094,757       0.04%
     Japan  Government    Bond                JPY1,100,450,000         0.50%     20/3/2059        8,874,388       0.04%
     Japan  Government    Bond                JPY980,000,000         0.60%     20/6/2037        8,864,696       0.04%
     Japan  Government    Bond                JPY1,010,000,000         0.10%     20/3/2024        8,808,653       0.04%
     Japan  Government    Bond                JPY1,000,000,000         0.60%     20/12/2023         8,802,827       0.04%
     Japan  Government    Bond                JPY1,000,000,000         0.30%     20/12/2024         8,786,017       0.04%
     Japan  Government    Bond                JPY1,000,000,000         0.10%      1/3/2023        8,702,997       0.04%
     Japan  Government    Bond                JPY990,000,000         0.10%     20/3/2025        8,650,328       0.04%
     Japan  Government    Bond                JPY966,000,000         0.80%     20/3/2058        8,618,550       0.04%
     Japan  Government    Bond                JPY861,000,000         1.50%     20/3/2033        8,597,462       0.04%
     Japan  Government    Bond                JPY950,000,000         0.80%     20/9/2023        8,376,345       0.04%
     Japan  Government    Bond                JPY1,022,500,000         0.40%     20/12/2049         8,266,095       0.04%
     Japan  Government    Bond                JPY896,000,000         0.80%     20/9/2047        8,137,730       0.04%
     Japan  Government    Bond                JPY825,000,000         1.20%     20/3/2035        8,074,502       0.04%
     Japan  Government    Bond                JPY780,000,000         1.70%     20/9/2033        7,981,051       0.03%
     Japan  Government    Bond                JPY905,400,000         0.10%     20/9/2024        7,903,072       0.03%
     Japan  Government    Bond                JPY946,400,000         0.50%     20/3/2049        7,899,583       0.03%
     Japan  Government    Bond                JPY663,700,000         2.20%     20/3/2041        7,605,675       0.03%
     Japan  Government    Bond                JPY807,400,000         0.70%     20/9/2038        7,376,209       0.03%
     Japan  Government    Bond                JPY690,600,000         1.70%     20/12/2032         7,014,727       0.03%
     Japan  Government    Bond                JPY625,000,000         1.80%     20/3/2043        6,837,584       0.03%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY680,000,000         2.42%     20/6/2028        6,790,683       0.03%
     Japan  Government    Bond                JPY737,300,000         0.60%     20/12/2037         6,653,130       0.03%
     Japan  Government    Bond                JPY720,000,000         0.80%     20/3/2046        6,584,056       0.03%
     Major  Joint  Local  Government    Bond            JPY750,000,000         0.20%     25/4/2031        6,565,011       0.03%
     Japan  Government    Bond                JPY786,150,000         0.40%     20/9/2049        6,366,508       0.03%
     Japan  Government    Bond                JPY700,000,000         0.60%     20/6/2024        6,182,613       0.03%
     Japan  Government    Bond                JPY590,000,000         1.40%     20/3/2055        6,178,567       0.03%
     Japan  Government    Bond                JPY725,000,000         0.50%     20/9/2046        6,173,769       0.03%
     Japan  Government    Bond                JPY587,200,000         1.50%     20/3/2045        6,152,372       0.03%
     Japan  Government    Bond                JPY550,000,000         1.80%     20/9/2043        6,028,626       0.03%
     Japan  Government    Bond                JPY681,700,000         0.10%     20/9/2028        5,982,102       0.03%
     Japan  Government    Bond                JPY588,200,000         1.80%     20/12/2031         5,974,195       0.03%
     Japan  Government    Bond                JPY545,000,000         1.70%     20/9/2044        5,902,214       0.03%
     Japan  Government    Bond                JPY650,000,000         0.80%     20/12/2047         5,899,009       0.03%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY600,000,000         2.34%     20/10/2027         5,878,674       0.03%
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     Japan  Government    Bond                JPY715,000,000         0.40%     20/6/2049        5,800,041       0.03%
     Japan  Government    Bond                JPY650,000,000         0.10%     20/12/2026         5,695,571       0.03%
     Japan  Government    Bond                JPY650,000,000         0.60%     20/12/2046         5,662,256       0.03%
     Japan  Government    Bond                JPY641,000,000         0.10%     20/3/2028        5,622,780       0.02%
     Japan  Government    Bond                JPY505,600,000         1.90%     20/6/2043        5,621,456       0.02%
     Major  Joint  Local  Government    Bond            JPY640,000,000         0.06%     23/10/2026         5,568,637       0.02%
     Japan  Government    Bond                JPY700,000,000         0.40%     20/3/2056        5,517,365       0.02%
     Japan  Government    Bond                JPY605,000,000         0.80%     20/3/2047        5,503,003       0.02%
     Japan  Government    Bond                JPY600,000,000         0.80%     20/6/2047        5,459,395       0.02%
     Japan  Government    Bond                JPY455,500,000         2.50%     20/3/2038        5,295,668       0.02%
     Japan  Government    Bond                JPY455,150,000         1.90%     20/3/2053        5,276,327       0.02%
     Japan  Government    Bond                JPY600,000,000         0.10%     20/6/2027        5,259,765       0.02%
     Japan  Government    Bond                JPY519,500,000         1.70%     20/12/2031         5,231,546       0.02%
     Japan  Government    Bond                JPY596,650,000         0.10%     20/3/2026        5,218,339       0.02%
     Japan  Government    Bond                JPY500,000,000         1.60%     20/12/2033         5,069,427       0.02%
     Japan  Government    Bond                JPY535,000,000         0.50%     20/9/2036        4,786,914       0.02%
     Japan  Government    Bond                JPY413,000,000         2.50%     20/9/2037        4,776,849       0.02%
     Japan  Government    Bond                JPY512,900,000         0.90%     20/9/2048        4,734,494       0.02%
     Japan  Government    Bond                JPY450,000,000         1.40%     20/12/2045         4,636,118       0.02%
     Japan  Government    Bond                JPY471,650,000         2.10%     20/12/2027         4,625,944       0.02%
     Major  Joint  Local  Government    Bond            JPY520,000,000         0.21%     23/6/2028        4,563,074       0.02%
     Japan  Government    Bond                JPY553,000,000         0.30%     20/6/2046        4,496,994       0.02%
     Japan  Government    Bond                JPY411,000,000         1.70%     20/12/2043         4,441,696       0.02%
     Japan  Government    Bond                JPY438,550,000         1.60%     20/6/2032        4,395,625       0.02%
     Sumitomo   Mitsui  Financial   Group,   Inc.           JPY500,000,000         0.85%     12/9/2024        4,391,342       0.02%
     Deposit   Insurance   Corp.  of Japan              JPY500,000,000         0.10%      6/8/2024        4,356,321       0.02%
     Japan  Government    Bond                JPY500,000,000         0.10%      1/2/2023        4,351,180       0.02%
     Japan  Finance   Corp.                  JPY500,000,000         0.00%     31/7/2024        4,344,609       0.02%
     Japan  Government    Bond                JPY464,000,000         2.00%     20/9/2025        4,341,914       0.02%
     Japan  Government    Bond                JPY420,000,000         1.90%     20/6/2031        4,281,406       0.02%
     Japan  Government    Bond                JPY400,000,000         1.60%     20/6/2045        4,269,451       0.02%
     Japan  Government    Bond                JPY479,000,000         0.10%     20/12/2027         4,201,611       0.02%
     Japan  Government    Bond                JPY355,050,000         2.00%     20/3/2052        4,172,652       0.02%
     Japan  Government    Bond                JPY400,000,000         2.20%     20/3/2031        4,163,789       0.02%
     Japan  Government    Bond                JPY470,000,000         0.60%     20/3/2024        4,143,829       0.02%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Japan  Government    Bond                JPY416,900,000         1.90%     20/12/2028         4,113,758       0.02%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY400,000,000         1.34%     31/10/2034         3,951,486       0.02%
     Japan  Government    Bond                JPY386,500,000         1.90%     20/3/2031        3,928,864       0.02%
     Japan  Government    Bond                JPY440,000,000         0.10%     20/9/2027        3,858,232       0.02%
     Japan  Government    Bond                JPY345,500,000         1.70%     20/6/2044        3,736,004       0.02%
     Japan  Government    Bond                JPY400,000,000         2.00%     20/12/2024         3,688,880       0.02%
     Japan  Government    Bond                JPY357,000,000         2.10%     20/12/2030         3,676,445       0.02%
     Japan  Government    Bond                JPY368,650,000         2.10%     20/9/2028        3,664,887       0.02%
     Japan  Government    Bond                JPY320,000,000         2.40%     20/3/2037        3,646,944       0.02%
     Japan  Government    Bond                JPY364,000,000         1.90%     20/3/2029        3,607,018       0.02%
     Nomura   Holdings,   Inc.                  $3,450,000       2.68%     16/7/2030        3,441,889       0.02%
     Japan  Government    Bond                JPY380,000,000         0.10%     20/9/2023        3,311,065       0.01%
     Japan  Government    Bond                JPY377,050,000         0.60%     20/3/2023        3,301,933       0.01%
     Japan  Government    Bond                JPY370,000,000         0.10%     20/3/2027        3,242,510       0.01%
                                114/362


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     Japan  Government    Bond                JPY278,000,000         2.30%     20/3/2040        3,205,997       0.01%
     Japan  Government    Bond                JPY261,000,000         2.20%     20/3/2050        3,163,152       0.01%
     Japan  Government    Bond                JPY314,000,000         2.40%     20/3/2028        3,144,027       0.01%
     Japan  Government    Bond                JPY300,000,000         1.50%     20/12/2044         3,144,018       0.01%
     Japan  Government    Bond                JPY258,450,000         2.20%     20/3/2051        3,141,490       0.01%
     Japan  Government    Bond                JPY300,000,000         1.70%     20/9/2031        3,015,483       0.01%
     Japan  Government    Bond                JPY295,300,000         2.10%     20/9/2029        2,990,805       0.01%
     Major  Joint  Local  Government    Bond            JPY330,000,000         0.20%     25/5/2028        2,894,669       0.01%
     Japan  Government    Bond                JPY325,000,000         0.30%     20/12/2025         2,865,294       0.01%
     Japan  Government    Bond                JPY284,000,000         2.10%     20/6/2029        2,861,288       0.01%
     Japan  Government    Bond                JPY260,000,000         2.40%     20/3/2034        2,856,520       0.01%
     Nissan  Motor  Co.,  Ltd.                  $2,550,000       4.81%     17/9/2030        2,853,597       0.01%
     Major  Joint  Local  Government    Bond            JPY320,000,000         0.22%     25/10/2027         2,809,239       0.01%
     Japan  Government    Bond                JPY275,000,000         1.80%     20/6/2031        2,782,347       0.01%
     Mitsubishi    UFJ  Financial   Group,   Inc.             $2,670,000       2.76%     13/9/2026        2,772,399       0.01%
     Japan  Government    Bond                JPY244,150,000         2.50%     20/9/2035        2,760,959       0.01%
     Takeda   Pharmaceutical     Co.,  Ltd.              EUR2,200,000        2.25%     21/11/2026         2,728,338       0.01%
     Japan  Government    Bond                JPY268,000,000         2.00%     20/6/2030        2,722,560       0.01%
     Japan  Government    Bond                JPY262,000,000         2.20%     20/12/2029         2,678,288       0.01%
     Japan  Government    Bond                JPY270,000,000         1.60%     20/6/2030        2,665,389       0.01%
     Tokyo  Metropolitan    Government                JPY300,000,000         0.44%     19/3/2025        2,640,496       0.01%
     Japan  Finance   Organization    for Municipalities            JPY300,000,000         0.20%     15/2/2028        2,633,538       0.01%
     Mizuho   Financial   Group,   Inc.              JPY300,000,000         0.65%     26/1/2027        2,621,597       0.01%
     East  Nippon   Expressway    Co.,  Ltd.             JPY300,000,000         0.14%     31/7/2029        2,602,762       0.01%
     Japan  Government    Bond                JPY295,000,000         0.10%     20/6/2026        2,582,017       0.01%
     Japan  Government    Bond                JPY230,000,000         1.70%     20/3/2054        2,567,548       0.01%
     Japan  Government    Bond                JPY248,750,000         2.30%     20/6/2028        2,489,378       0.01%
     Japan  Government    Bond                JPY255,750,000         2.10%     20/12/2026         2,461,708       0.01%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY300,000,000         0.42%     28/12/2049         2,425,131       0.01%
     Japan  Government    Bond                JPY211,150,000         2.20%     20/9/2039        2,390,960       0.01%
     Japan  Government    Bond                JPY200,150,000         2.40%     20/9/2038        2,309,382       0.01%
     Toyota   Motor  Finance   Netherlands    BV           EUR2,000,000        0.63%     26/9/2023        2,304,449       0.01%
     Japan  Bank  for International    Cooperation               $2,200,000       2.00%     17/10/2029         2,245,676       0.01%
     Nissan  Motor  Co.,  Ltd.                 EUR1,773,000        3.20%     17/9/2028        2,245,529       0.01%
     Japan  Government    Bond                JPY250,000,000         0.40%     20/9/2025        2,210,908       0.01%
     Takeda   Pharmaceutical     Co.,  Ltd.               $2,175,000       3.18%      9/7/2050        2,204,990       0.01%
     Major  Joint  Local  Government    Bond            JPY250,000,000         0.45%     25/2/2025        2,200,767       0.01%
     Major  Joint  Local  Government    Bond            JPY250,000,000         0.46%     25/12/2024         2,199,613       0.01%
     Sumitomo   Mitsui  Financial   Group,   Inc.             $2,050,000       3.04%     16/7/2029        2,140,728       0.01%
     Japan  Government    Bond                JPY209,850,000         2.10%     20/12/2029         2,131,108       0.01%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY240,000,000         0.32%     30/1/2026        2,112,398       0.01%
     Mizuho   Bank  Ltd.                    $2,000,000       3.50%     21/3/2023        2,062,842       0.01%
     Japan  Government    Bond                JPY180,000,000         2.30%     20/3/2039        2,060,797       0.01%
     Japan  Government    Bond                JPY203,000,000         2.10%     20/3/2029        2,037,099       0.01%
     Japan  Government    Bond                JPY200,800,000         1.90%     20/9/2030        2,030,958       0.01%
     Japan  Bank  for International    Cooperation               $2,000,000       1.75%     23/1/2023        2,023,894       0.01%
     Japan  Government    Bond                JPY196,050,000         1.70%     20/6/2032        1,982,796       0.01%
     Nissan  Motor  Co.,  Ltd.                 EUR1,620,000        2.65%     17/3/2026        1,976,130       0.01%
     Japan  Government    Bond                JPY163,850,000         2.20%     20/3/2049        1,975,701       0.01%
     Japan  Government    Bond                JPY190,000,000         1.80%     20/3/2032        1,934,036       0.01%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY200,000,000         1.08%     27/4/2035        1,921,095       0.01%
     Japan  Government    Bond                JPY186,300,000         2.10%     20/3/2030        1,899,176       0.01%
                                115/362

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     Japan  Government    Bond                JPY180,000,000         2.00%     20/12/2030         1,839,658       0.01%
     Kyushu   Electric   Power  Co.,  Inc.             JPY200,000,000         1.02%     24/5/2024        1,775,051       0.01%
     Tokyo  Metropolitan    Government                JPY180,000,000         1.29%     20/6/2035        1,771,713       0.01%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY200,000,000         0.50%     29/11/2024         1,763,082       0.01%
     Major  Joint  Local  Government    Bond            JPY200,000,000         0.55%     25/9/2024        1,762,544       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Japan  Finance   Organization    for Municipalities            JPY200,000,000         0.92%     28/7/2023        1,761,137       0.01%
     Japan  Finance   Organization    for Municipalities            JPY200,000,000         0.32%     19/1/2026        1,759,715       0.01%
     Tokyo  Metropolitan    Government                JPY200,000,000         0.76%     20/9/2023        1,759,369       0.01%
     Major  Joint  Local  Government    Bond            JPY200,000,000         0.25%     25/2/2027        1,757,278       0.01%
     NTT  Finance   Corp.                  JPY200,000,000         0.38%     20/9/2030        1,753,081       0.01%
     Major  Joint  Local  Government    Bond            JPY200,000,000         0.18%     25/4/2028        1,752,521       0.01%
     Japan  Government    Bond                JPY170,000,000         1.40%     20/9/2045        1,749,822       0.01%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY200,000,000         0.14%     30/4/2027        1,749,339       0.01%
     East  Nippon   Expressway    Co.,  Ltd.             JPY200,000,000         0.22%     31/1/2030        1,744,692       0.01%
     Nissan  Motor  Co.,  Ltd.                  $1,605,000       4.35%     17/9/2027        1,733,091       0.01%
     Mitsubishi    UFJ  Financial   Group,   Inc.             $1,550,000       3.20%     18/7/2029        1,636,325       0.01%
     Development     Bank  of Japan,  Inc.               $1,600,000       1.88%     28/8/2029        1,619,151       0.01%
     Nippon   Life Insurance   Co.＾                 $1,550,000       3.40%     23/1/2050        1,600,781       0.01%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY200,000,000         0.30%     30/9/2049        1,564,198       0.01%
     East  Japan  Railway   Co.                 GBP1,180,000        1.16%     15/9/2028        1,560,304       0.01%
     Japan  Government    Bond                JPY150,000,000         1.80%     20/12/2032         1,537,741       0.01%
     Sumitomo   Mitsui  Financial   Group,   Inc.             $1,500,000       3.10%     17/1/2023        1,534,608       0.01%
     Japan  Government    Bond                JPY150,000,000         2.20%     20/6/2029        1,520,961       0.01%
     Mitsubishi    UFJ  Financial   Group,   Inc.            EUR1,300,000        0.98%     9/10/2023        1,508,038       0.01%
     Mizuho   Financial   Group,   Inc.                $1,400,000       3.48%     12/4/2026        1,493,612       0.01%
     Mitsubishi    UFJ  Financial   Group,   Inc.＾             $1,500,000       0.85%     15/9/2024        1,492,640       0.01%
     Japan  Government    Bond                JPY150,000,000         1.50%     20/6/2032        1,489,992       0.01%
     Japan  Finance   Organization    for Municipalities            JPY170,000,000         0.31%     28/7/2023        1,484,364       0.01%
     Japan  Government    Bond                JPY144,000,000         1.60%     20/3/2033        1,452,028       0.01%
     Japan  Government    Bond                JPY137,000,000         2.10%     20/12/2028         1,368,531       0.01%
     Mitsubishi    UFJ  Financial   Group,   Inc.             $1,300,000       2.80%     18/7/2024        1,347,197       0.01%
     Takeda   Pharmaceutical     Co.,  Ltd.               $1,325,000       2.05%     31/3/2030        1,291,741       0.01%
     Mizuho   Financial   Group,   Inc.               EUR1,100,000        1.02%     11/10/2023         1,276,304       0.01%
     Japan  Government    Bond                JPY123,000,000         2.20%     20/3/2030        1,264,160       0.01%
     Japan  Government    Bond                JPY123,450,000         1.60%     20/3/2032        1,234,974       0.01%
     Sumitomo   Life Insurance   Co.＾                $1,150,000       4.00%     14/9/2077        1,233,215       0.01%
     Japan  Government    Bond                JPY120,000,000         2.00%     20/3/2031        1,229,555       0.01%
     NTT  Finance   Corp.                   EUR1,100,000        0.34%      3/3/2030        1,228,563       0.01%
     Nomura   Holdings,   Inc.                  $1,175,000       3.10%     16/1/2030        1,211,030       0.01%
     Nomura   Holdings,   Inc.                  $1,175,000       2.65%     16/1/2025        1,208,919       0.01%
     Japan  Government    Bond                JPY118,000,000         1.80%     20/6/2030        1,182,240       0.01%
     Sumitomo   Mitsui  Financial   Group,   Inc.             $1,145,000       2.75%     15/1/2030        1,171,949       0.01%
     Takeda   Pharmaceutical     Co.,  Ltd.              EUR1,000,000        0.75%      9/7/2027        1,158,179       0.01%
     JT International    Financial   Services   BV            EUR1,000,000        1.00%     26/11/2029         1,155,134       0.01%
     Sumitomo   Mitsui  Banking   Corp.               EUR1,000,000        0.55%     6/11/2023        1,152,926       0.01%
     Mitsubishi    UFJ  Financial   Group,   Inc.            EUR1,000,000        0.34%     19/7/2024        1,147,421       0.01%
     Sumitomo   Mitsui  Banking   Corp.               EUR1,000,000        0.41%     7/11/2029        1,142,358       0.01%
     Development     Bank  of Japan,  Inc.              EUR1,000,000        0.01%     15/10/2024         1,140,992       0.01%
     Mizuho   Financial   Group,   Inc.               EUR1,000,000        0.12%      6/9/2024        1,139,726       0.01%
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     Mizuho   Financial   Group,   Inc.               EUR1,000,000        0.80%     15/4/2030        1,139,100       0.01%
     Japan  Finance   Organization    for Municipalities              $1,100,000       2.38%     13/2/2025        1,137,292       0.01%
     Sumitomo   Mitsui  Financial   Group,   Inc.             $1,110,000       2.35%     15/1/2025        1,136,996       0.01%
     Japan  Government    Bond                JPY113,850,000         2.20%     20/3/2028        1,127,622       0.01%
     Japan  Government    Bond                JPY101,000,000         2.40%     20/12/2034         1,120,727       0.01%
     Sumitomo   Mitsui  Financial   Group,   Inc.             $1,000,000       3.94%     19/7/2028        1,107,706       0.01%
     Sumitomo   Mitsui  Trust  Bank  Ltd.               $1,100,000       0.85%     25/3/2024        1,089,691       0.01%
     Japan  Bank  for International    Cooperation               $1,000,000       2.75%     16/11/2027         1,062,420       0.01%
     Japan  Government    Bond                JPY109,000,000         2.00%     20/3/2027        1,049,010       0.01%
     Mitsubishi    UFJ  Financial   Group,   Inc.             $1,000,000       3.76%     26/7/2023        1,043,682       0.01%
     NTT  Finance   Corp.                   EUR900,000       0.08%     13/12/2025         1,020,948       0.01%
     Japan  Government    Bond                 JPY89,650,000        2.30%     20/12/2036         1,006,806       0.01%
     Japan  Government    Bond                JPY100,000,000         1.80%     20/9/2030        1,003,872       0.01%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY100,000,000         1.43%     31/7/2034         996,117       0.01%
     Japan  Bank  for International    Cooperation               $1,000,000       0.38%     15/9/2023         992,559       0.01%
     Sumitomo   Mitsui  Financial   Group,   Inc.             $1,000,000       0.51%     12/1/2024         988,176       0.01%
     NTT  Finance   Corp.                    $1,000,000       1.16%      3/4/2026        979,884       0.01%
     Japan  Bank  for International    Cooperation               $1,000,000       0.63%     15/7/2025         977,272       0.01%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $950,000      2.53%     13/9/2023         974,674       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.             $1,000,000       2.05%     17/7/2030         971,691       0.00%
     Toyota   Motor  Finance   Netherlands    BV            GBP700,000       1.38%     23/5/2023         952,957       0.00%
     Development     Bank  of Japan,  Inc.             JPY100,000,000         2.30%     19/3/2026         949,539       0.00%
     Japan  Government    Bond                JPY107,700,000         1.00%     20/3/2023         947,680       0.00%
     Takeda   Pharmaceutical     Co.,  Ltd.              EUR800,000       1.00%      9/7/2029        931,260       0.00%
     NTT  Finance   Corp.                   EUR800,000       0.01%      3/3/2025        907,724       0.00%
     Japan  Government    Bond                JPY100,000,000         1.90%     20/3/2024         906,563       0.00%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY102,000,000         0.38%     26/12/2025         899,643       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY100,000,000         0.63%     30/9/2038         899,574       0.00%
     Daiichi  Sankyo   Co.,  Ltd.                JPY100,000,000         0.81%     25/7/2036         892,580       0.00%
     Major  Joint  Local  Government    Bond            JPY100,000,000         0.50%     25/8/2025         883,799       0.00%
     Japan  Government    Bond                JPY100,000,000         0.50%     20/12/2024         883,693       0.00%
     Tokyo  Metropolitan    Government                JPY100,000,000         0.48%     19/9/2025         883,371       0.00%
     Japan  Government    Bond                JPY100,000,000         0.40%     20/3/2025         882,173       0.00%
     Major  Joint  Local  Government    Bond            JPY100,000,000         0.69%     25/4/2024         882,019       0.00%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY100,000,000         0.66%     29/2/2024         881,477       0.00%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY100,000,000         0.80%     29/9/2023         881,094       0.00%
     Major  Joint  Local  Government    Bond            JPY100,000,000         0.51%     25/11/2024         880,827       0.00%
     Major  Joint  Local  Government    Bond            JPY100,000,000         0.71%     25/12/2023         880,496       0.00%
     Major  Joint  Local  Government    Bond            JPY100,000,000         0.81%     25/9/2023         880,459       0.00%
     Japan  Expressway    Holding   & Debt  Repayment    Agency       JPY100,000,000         0.41%     28/2/2025         880,443       0.00%
     Tokyo  Metropolitan    Government                JPY100,000,000         0.64%     19/3/2024         880,396       0.00%
     Panasonic   Corp.                   JPY100,000,000         0.47%     18/9/2026         879,241       0.00%
     Major  Joint  Local  Government    Bond            JPY100,000,000         0.66%     24/11/2023         879,155       0.00%
     Fast  Retailing   Co.,  Ltd.                JPY100,000,000         0.41%      6/6/2028        878,998       0.00%
     Japan  Finance   Organization    for Municipalities            JPY100,000,000         0.54%     21/4/2023         874,997       0.00%
     MUFG  Bank  Ltd.                  JPY100,000,000         1.39%     31/5/2022         873,093       0.00%
     Panasonic   Corp.                   JPY100,000,000         0.30%     20/9/2023         871,313       0.00%
     Japan  Finance   Organization    for Municipalities            JPY100,000,000         0.90%     15/2/2022         869,441       0.00%
     NTT  Finance   Corp.                  JPY100,000,000         0.18%     19/12/2025         869,159       0.00%
                                117/362


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     Takeda   Pharmaceutical     Co.,  Ltd.              EUR700,000       2.00%      9/7/2040        859,956       0.00%
     Japan  Government    Bond                 JPY69,100,000        2.40%     20/3/2048         857,736       0.00%
     Japan  Bank  for International    Cooperation                $800,000      2.88%     21/7/2027         853,647       0.00%
     Asahi  Group  Holdings   Ltd.                EUR712,000       1.15%     19/9/2025         837,256       0.00%
     Japan  Government    Bond                 JPY75,650,000        2.90%     20/11/2030         826,223       0.00%
     Japan  Bank  for International    Cooperation                $800,000      2.13%     10/2/2025         822,879       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $800,000      2.45%     27/9/2024         822,319       0.00%
     Nissan  Motor  Co.,  Ltd.                   $800,000      3.04%     15/9/2023         821,091       0.00%
     Japan  Bank  for International    Cooperation                $800,000      0.63%     22/5/2023         799,550       0.00%
     Kyushu   Electric   Power  Co.,  Inc.              JPY90,000,000        1.06%     23/2/2024         797,726       0.00%
     Kansai  Electric   Power  Co.,  Inc.              JPY90,000,000        0.49%     23/7/2027         792,919       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.＾              $800,000      2.31%     20/7/2032         789,737       0.00%
     Japan  Bank  for International    Cooperation                $750,000      3.38%     31/10/2023         784,562       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $700,000      3.96%      2/3/2028        776,091       0.00%
     Nissan  Motor  Co.,  Ltd.                   $725,000      3.52%     17/9/2025         759,783       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $750,000      1.47%      8/7/2025        745,917       0.00%
     Dai-ichi   Life Insurance   Co.,  Ltd.＾                $700,000      4.00%      Perpetual        744,054       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $700,000      3.94%     16/10/2023         735,468       0.00%
     Development     Bank  of Japan,  Inc.               $750,000      0.50%     27/8/2025         727,945       0.00%
     JT International    Financial   Services   BV            GBP500,000       2.75%     28/9/2033         718,088       0.00%
     Japan  Government    Bond                 JPY78,900,000        1.80%     20/12/2023         710,891       0.00%
     Takeda   Pharmaceutical     Co.,  Ltd.                $600,000      5.00%     26/11/2028         704,919       0.00%
     Mizuho   Financial   Group,   Inc.                EUR600,000       0.96%     16/10/2024         699,172       0.00%
     Nippon   Life Insurance   Co.＾                  $700,000      2.75%     21/1/2051         686,341       0.00%
     Central   Japan  Railway   Co.                  $550,000      4.25%     24/11/2045         684,345       0.00%
     Japan  Government    Bond                 JPY74,000,000        2.40%     20/6/2024         682,015       0.00%
     Japan  Bank  for International    Cooperation                $600,000      3.50%     31/10/2028         671,870       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.             EUR560,000       0.93%     11/10/2024         652,805       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $600,000      3.36%     12/7/2027         643,859       0.00%
     Japan  Government    Bond                 JPY68,000,000        2.10%     20/9/2025         638,494       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $600,000      3.15%     16/7/2030         629,979       0.00%
     Japan  Expressway    Holding   & Debt  Repayment    Agency        JPY70,000,000        0.45%     31/3/2025         617,159       0.00%
     Development     Bank  of Japan,  Inc.               $600,000      0.50%      4/3/2024        594,278       0.00%
     JT International    Financial   Services   BV＾            EUR500,000       2.38%      7/4/2081        592,900       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $600,000      2.93%     17/9/2041         587,352       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $550,000      3.41%      7/3/2024        575,926       0.00%
     Mizuho   Financial   Group,   Inc.                 $550,000      2.84%     13/9/2026         573,294       0.00%
     Japan  Government    Bond                 JPY58,100,000        2.30%     20/6/2027         570,134       0.00%
     NTT  Finance   Corp.                   EUR500,000       0.40%     13/12/2028         566,316       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $500,000      4.25%     11/9/2029         557,643       0.00%
     Mizuho   Financial   Group,   Inc.                 $500,000      4.02%      5/3/2028        555,527       0.00%
     Nippon   Life Insurance   Co.＾                  $500,000      4.70%     20/1/2046         543,683       0.00%
     Japan  Government    Bond                 JPY58,000,000        2.10%     20/6/2025         541,889       0.00%
     East  Japan  Railway   Co.                 GBP300,000       4.50%     25/1/2036         537,231       0.00%
     Nippon   Life Insurance   Co.＾                  $500,000      4.00%     19/9/2047         535,474       0.00%
     Mizuho   Financial   Group  Cayman   3 Ltd.             $500,000      4.60%     27/3/2024         531,285       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $500,000      3.01%     19/10/2026         525,902       0.00%
     Japan  Bank  for International    Cooperation                $500,000      3.00%     29/5/2024         523,876       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $500,000      3.75%     19/7/2023         521,179       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
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     Takeda   Pharmaceutical     Co.,  Ltd.                $500,000      3.38%      9/7/2060        519,531       0.00%
     Japan  Expressway    Holding   & Debt  Repayment    Agency        JPY50,000,000        2.37%     20/9/2028         500,300       0.00%
     Japan  Bank  for International    Cooperation                $450,000      3.25%     20/7/2028         495,774       0.00%
     Meiji  Yasuda   Life Insurance   Co.＾                $450,000      5.20%     20/10/2045         495,060       0.00%
     JT International    Financial   Services   BV＾            EUR400,000       2.88%     7/10/2083         494,346       0.00%
     Japan  Expressway    Holding   & Debt  Repayment    Agency        JPY56,000,000        0.75%     31/1/2024         494,276       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $500,000      1.90%     17/9/2028         490,493       0.00%
     Japan  Government    Bond                 JPY49,000,000        2.20%     20/9/2028         489,984       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $500,000      2.22%     17/9/2031         489,762       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $500,000      2.20%     10/7/2031         488,542       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $500,000      1.40%     17/9/2026         488,286       0.00%
     Japan  Government    Bond                 JPY50,000,000        2.30%     20/9/2026         482,864       0.00%
     Japan  Bank  for International    Cooperation                $500,000      1.25%     21/1/2031         479,943       0.00%
     Japan  International    Cooperation    Agency              $500,000      1.00%     22/7/2030         472,825       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $450,000      2.84%     16/7/2025         465,331       0.00%
     American   Honda  Finance   Corp.               EUR400,000       0.75%     17/1/2024         462,889       0.00%
     Development     Bank  of Japan,  Inc.              GBP340,000       1.13%     28/4/2023         461,924       0.00%
     Asahi  Group  Holdings   Ltd.                EUR400,000       0.34%     19/4/2027         452,300       0.00%
     NTT  Finance   Corp.                    $450,000      0.58%      1/3/2024        444,740       0.00%
     Marubeni   Corp.                      $425,000      3.56%     26/4/2024         444,394       0.00%
     Japan  Finance   Organization    for Municipalities             JPY50,000,000        0.69%     28/6/2024         441,286       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $400,000      3.74%      7/3/2029        438,075       0.00%
     West  Nippon   Expressway    Co.,  Ltd.             JPY50,000,000        0.17%     22/5/2026         436,112       0.00%
     Japan  Government    Bond                 JPY44,000,000        2.10%     20/9/2027         429,720       0.00%
     Japan  Bank  for International    Cooperation                $400,000      2.88%      1/6/2027        426,685       0.00%
     Japan  Government    Bond                 JPY38,650,000        2.30%     20/3/2035         425,832       0.00%
     NTT  Finance   Corp.                    $425,000      2.07%      3/4/2031        424,586       0.00%
     NTT  Finance   Corp.                    $425,000      0.37%      3/3/2023        423,258       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $350,000      4.29%     26/7/2038         421,903       0.00%
     Nissan  Motor  Co.,  Ltd.                  EUR359,000       1.94%     15/9/2023         420,679       0.00%
     Mitsubishi    HC Capital,   Inc.                 $400,000      3.96%     19/9/2023         417,233       0.00%
     NTT  Finance   Corp.                    $425,000      1.59%      3/4/2028        416,636       0.00%
     Toyota   Motor  Corp.                    $400,000      3.42%     20/7/2023         416,096       0.00%
     Asahi  Group  Holdings   Ltd.                EUR359,000       0.16%     23/10/2024         409,331       0.00%
     Development     Bank  of Japan,  Inc.               $400,000      1.75%     28/8/2024         407,233       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $400,000      2.59%     25/5/2031         402,967       0.00%
     ORIX  Corp.                       $400,000      2.25%      9/3/2031        400,540       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $400,000      1.98%      8/9/2031        384,194       0.00%
     Development     Bank  of Japan,  Inc.               $400,000      1.25%     28/1/2031         383,802       0.00%
     Panasonic   Corp.                      $355,000      2.68%     19/7/2024         365,833       0.00%
     Toyota   Motor  Corp.                    $325,000      3.67%     20/7/2028         359,970       0.00%
     Japan  Government    Bond                 JPY38,800,000        1.90%     20/3/2025         358,507       0.00%
     Japan  Government    Bond                 JPY36,000,000        2.10%     20/6/2028         356,208       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.＾              $350,000      2.49%     13/10/2032         349,842       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $325,000      3.29%     25/7/2027         347,168       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $300,000      3.75%     18/7/2039         339,542       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $300,000      4.31%     16/10/2028         339,499       0.00%
     Japan  Government    Bond                 JPY30,450,000        2.50%     20/6/2034         338,932       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $320,000      3.46%      2/3/2023        329,498       0.00%
     ORIX  Corp.                       $300,000      3.70%     18/7/2027         326,132       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $300,000      3.85%      1/3/2026        325,019       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $325,000      1.41%     17/7/2025         322,914       0.00%
                                119/362

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     Sumitomo   Mitsui  Financial   Group,   Inc.              $300,000      2.63%     14/7/2026         311,112       0.00%
     Japan  Government    Bond                 JPY32,000,000        2.10%     20/3/2027         309,476       0.00%
     Japan  Bank  for International    Cooperation                $300,000      1.75%     17/10/2024         305,376       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $280,000      3.54%     17/1/2028         303,136       0.00%
     Development     Bank  of Japan,  Inc.               $300,000      1.75%     20/10/2031         299,270       0.00%
     Toyota   Motor  Corp.                    $300,000      1.34%     25/3/2026         298,199       0.00%
     Toyota   Motor  Corp.                    $300,000      0.68%     25/3/2024         297,373       0.00%
     Development     Bank  of Japan,  Inc.               $300,000      1.25%     20/10/2026         296,759       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $300,000      1.71%     12/1/2031         282,665       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $250,000      4.05%     11/9/2028         279,225       0.00%
     Panasonic   Corp.                      $260,000      3.11%     19/7/2029         276,252       0.00%
     Development     Bank  of Japan,  Inc.               $250,000      3.25%      6/9/2028        275,449       0.00%
     Dai-ichi   Life Insurance   Co.,  Ltd.＾                $250,000      5.10%      Perpetual        270,000       0.00%
     Sumitomo   Mitsui  Banking   Corp.                $250,000      3.65%     23/7/2025         268,076       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $250,000      3.78%      2/3/2025        267,731       0.00%
     MUFG  Bank  Ltd.                     $200,000      4.70%     10/3/2044         264,114       0.00%
     Major  Joint  Local  Government    Bond             JPY30,000,000        0.21%     25/3/2027         263,141       0.00%
     Sumitomo   Mitsui  Banking   Corp.                $250,000      3.40%     11/7/2024         263,039       0.00%
     Japan  Government    Bond                 JPY25,150,000        2.20%     20/5/2031         262,576       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Development     Bank  of Japan,  Inc.               $250,000      2.88%     19/9/2024         261,966       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $250,000      3.92%     11/9/2024         261,181       0.00%
     Sumitomo   Mitsui  Banking   Corp.                $250,000      3.00%     18/1/2023         255,643       0.00%
     Takeda   Pharmaceutical     Co.,  Ltd.                $250,000      3.03%      9/7/2040        251,741       0.00%
     Japan  Government    Bond                 JPY26,900,000        1.80%     20/6/2023         240,059       0.00%
     Japan  Government    Bond                 JPY24,000,000        2.20%     20/9/2027         235,473       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $225,000      3.20%     17/9/2029         234,012       0.00%
     Japan  Government    Bond                 JPY20,000,000        2.50%     20/3/2036         227,692       0.00%
     Mitsui  Fudosan   Co.,  Ltd.                  $200,000      3.95%     24/1/2029         221,981       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $200,000      3.68%     22/2/2027         217,535       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $200,000      3.78%      9/3/2026        215,808       0.00%
     MUFG  Bank  Ltd.                     $200,000      4.10%      9/9/2023        210,437       0.00%
     SMBC  Aviation   Capital   Finance   DAC              $200,000      3.55%     15/4/2024         208,893       0.00%
     Mitsubishi    HC Capital,   Inc.                 $200,000      3.56%     28/2/2024         208,435       0.00%
     Japan  Bank  for International    Cooperation                $200,000      2.50%     28/5/2025         208,275       0.00%
     Development     Bank  of Japan,  Inc.               $200,000      3.13%      6/9/2023        207,666       0.00%
     Japan  Bank  for International    Cooperation                $200,000      2.50%     23/5/2024         207,089       0.00%
     Nippon   Life Insurance   Co.＾                  $200,000      5.00%     18/10/2042         205,382       0.00%
     Mitsui  Fudosan   Co.,  Ltd.                  $200,000      2.95%     23/1/2023         203,849       0.00%
     Japan  Bank  for International    Cooperation                $200,000      2.50%      1/6/2022        201,768       0.00%
     Japan  International    Cooperation    Agency              $200,000      1.75%     28/4/2031         200,361       0.00%
     Osaka  Prefecture                     JPY20,000,000        1.45%     26/9/2034         199,441       0.00%
     Japan  Bank  for International    Cooperation                $200,000      0.50%     15/4/2024         197,891       0.00%
     Japan  Government    Bond                 JPY21,000,000        2.00%     20/12/2025         197,454       0.00%
     Nomura   Holdings,   Inc.                   $200,000      2.61%     14/7/2031         197,166       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.＾              $200,000      1.54%     20/7/2027         196,590       0.00%
     Nomura   Holdings,   Inc.                   $200,000      2.17%     14/7/2028         195,955       0.00%
     Sumitomo   Mitsui  Financial   Group,   Inc.              $200,000      0.95%     12/1/2026         193,977       0.00%
     Mitsubishi    UFJ  Financial   Group,   Inc.              $150,000      4.15%      7/3/2039        177,630       0.00%
     Tokyo  Metropolitan    Government                JPY20,000,000        0.44%     19/12/2025         176,637       0.00%
                                120/362


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     Japan  Government    Bond                 JPY18,000,000        2.10%     20/6/2027         174,922       0.00%
     Tokyo  Metropolitan    Government                JPY19,500,000        0.08%     18/9/2026         169,801       0.00%
     Major  Joint  Local  Government    Bond             JPY18,900,000        0.51%     25/9/2025         167,162       0.00%
     Toyota   Motor  Corp.                    $155,000      2.36%      2/7/2024        159,878       0.00%
     Japan  Bank  for International    Cooperation                $150,000      3.25%     20/7/2023         155,691       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $150,000      2.87%     13/9/2030         154,510       0.00%
     Mizuho   Financial   Group,   Inc.＾                 $150,000      2.56%     13/9/2025         154,035       0.00%
     Japan  Government    Bond                 JPY16,000,000        2.10%     20/12/2024         147,971       0.00%
     Japan  Finance   Organization    for Municipalities             JPY16,300,000        0.67%     17/3/2023         142,766       0.00%
     Japan  Government    Bond                 JPY14,000,000        2.10%     20/3/2026         132,806       0.00%
     Japan  Government    Bond                 JPY11,000,000        2.50%     20/9/2036         125,860       0.00%
     Japan  Government    Bond                 JPY12,000,000        2.30%     20/3/2026         114,671       0.00%
     Japan  Government    Bond                 JPY10,000,000        2.30%     20/12/2035         111,062       0.00%
     Japan  Government    Bond                 JPY10,000,000        2.30%     20/6/2035         110,478       0.00%
     Japan  Government    Bond                 JPY12,000,000        2.20%     20/6/2024         110,085       0.00%
     Japan  Government    Bond                 JPY12,000,000        1.90%     20/9/2023         107,759       0.00%
     Mizuho   Bank  Ltd.                     $100,000      3.60%     25/9/2024         105,843       0.00%
     Kansai  Electric   Power  Co.,  Inc.              JPY12,000,000        0.47%     25/5/2027         105,585       0.00%
     Japan  Government    Bond                 JPY11,000,000        2.00%     20/3/2025         101,960       0.00%
     Japan  Finance   Organization    for Municipalities             JPY10,000,000        2.29%     25/4/2028         98,943      0.00%
     Japan  Government    Bond                 JPY10,000,000        2.20%     20/3/2024         91,228      0.00%
     Tokyo  Metropolitan    Government                JPY10,000,000        0.69%     19/3/2024         88,145      0.00%
     Major  Joint  Local  Government    Bond             JPY10,000,000        0.82%     25/8/2023         88,004      0.00%
     Kyushu   Electric   Power  Co.,  Inc.              JPY10,000,000        0.43%     25/5/2029         87,771      0.00%
     Major  Joint  Local  Government    Bond             JPY10,000,000        0.18%     25/1/2027         87,569      0.00%
     Japan  Finance   Organization    for Municipalities             JPY10,000,000        0.15%     16/2/2026         87,389      0.00%
     Japan  Government    Bond                 JPY9,000,000        2.10%     20/3/2025         83,657      0.00%
     Japan  Government    Bond                 JPY8,000,000        1.90%     20/6/2025         74,270      0.00%
     Japan  Government    Bond                 JPY8,000,000        1.90%     20/12/2023          72,201      0.00%
     Japan  Government    Bond                 JPY7,000,000        2.00%     20/6/2025         65,194      0.00%
     ORIX  Corp.                       $50,000      3.25%     4/12/2024         52,658      0.00%
     Japan  Government    Bond                 JPY5,000,000        2.10%     20/3/2024         45,520      0.00%
                                                 2,103,941,232         8.98%
     カザフスタン    0.04%  (2020:  0.06%)
     Kazakhstan    Government    International    Bond            $2,150,000       5.13%     21/7/2025        2,421,866       0.01%
     KazMunayGas     National   Co. JSC               $1,000,000       6.38%     24/10/2048         1,319,357       0.01%
     Kazakhstan    Government    International    Bond           EUR970,000       1.55%     9/11/2023        1,128,196       0.01%
     KazMunayGas     National   Co. JSC                $800,000      4.75%     19/4/2027         884,020       0.01%
     Tengizchevroil     Finance   Co. International    Ltd.           $700,000      4.00%     15/8/2026         739,789       0.00%
     KazMunayGas     National   Co. JSC                $600,000      5.75%     19/4/2047         737,093       0.00%
     Kazakhstan    Government    International    Bond            $500,000      6.50%     21/7/2045         718,616       0.00%
                              元本       利率      償還日       公正価格      純資産総額

                                                 （米ドル）       比率
     Kazakhstan    Government    International    Bond             $550,000      4.88%     14/10/2044         678,725      0.00%
     Kazakhstan    Government    International    Bond             $500,000      3.88%     14/10/2024         536,263      0.00%
     Tengizchevroil     Finance   Co. International    Ltd.            $300,000      3.25%     15/8/2030         299,837      0.00%
     Kazakhstan    Temir  Zholy  Finance   BV               $200,000      6.95%     10/7/2042         267,329      0.00%
     KazMunayGas     National   Co. JSC                 $200,000      5.38%     24/4/2030         233,411      0.00%
     KazMunayGas     National   Co. JSC                 $200,000      4.75%     24/4/2025         217,432      0.00%
                                                  10,181,934        0.04%
     クウェート   0.03%  (2020:  0.03%)
                                121/362


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     Kuwait  International    Government    Bond              $2,430,000       3.50%     20/3/2027        2,647,920       0.01%
     NBK  SPC  Ltd.＾                      $1,225,000       1.63%     15/9/2027        1,194,513       0.01%
     MEGlobal   Canada   ULC                   $1,000,000       5.00%     18/5/2025        1,091,179       0.01%
     NBK  Tier  1 Financing   2 Ltd.＾                  $700,000      4.50%      Perpetual        712,252      0.00%
     MEGlobal   Canada   ULC                    $550,000      5.88%     18/5/2030         666,863      0.00%
                                                  6,312,727       0.03%
     ラトビア   0.00%  (2020:  0.00%)
     Latvia  Government    International    Bond              EUR100,000       2.88%     30/4/2024         121,831      0.00%
                                                   121,831      0.00%
     リトアニア   0.01%  (2020:  0.01%)
     Lithuania   Government    International    Bond            EUR1,660,000        0.75%     15/7/2051        1,818,691       0.01%
     Lithuania   Government    International    Bond             EUR500,000       1.25%     22/10/2025         596,794      0.00%
     Lithuania   Government    International    Bond             EUR200,000       2.13%     29/10/2026         251,130      0.00%
                                                  2,666,615       0.01%
     ルクセンブルグ     0.07%  (2020:  0.05%)
     Bevco  Lux Sarl                    EUR1,291,000        1.00%     16/1/2030        1,440,372       0.01%
     ArcelorMittal     SA                   EUR1,000,000        1.00%     19/5/2023        1,150,042       0.01%
     Blackstone    Property   Partners   Europe   Holdings   Sarl        EUR1,000,000        1.25%     26/4/2027        1,146,610       0.01%
     Blackstone    Property   Partners   Europe   Holdings   Sarl        EUR1,000,000        1.00%      4/5/2028        1,109,983       0.01%
     Blackstone    Property   Partners   Europe   Holdings   Sarl         EUR800,000       1.75%     12/3/2029         924,849      0.01%
     Logicor   Financing   Sarl                   EUR700,000       2.25%     13/5/2025         840,447      0.01%
     ArcelorMittal     SA                    EUR700,000       1.75%     19/11/2025         835,349      0.01%
     Eurofins   Scientific   SE                   EUR700,000       0.88%     19/5/2031         781,920      0.00%
     Logicor   Financing   Sarl                   EUR600,000       1.50%     13/7/2026         705,476      0.00%
     Blackstone    Property   Partners   Europe   Holdings   Sarl         EUR600,000       2.00%     15/2/2024         704,942      0.00%
     Logicor   Financing   Sarl                   GBP500,000       2.75%     15/1/2030         697,858      0.00%
     Czech  Gas  Networks   Investments    Sarl             EUR500,000       1.00%     16/7/2027         584,210      0.00%
     NORD/LB    Luxembourg    SA Covered   Bond  Bank           EUR500,000       0.38%     15/6/2023         573,734      0.00%
     AXA  Logistics   Europe   Master   SCA               EUR500,000       0.38%     15/11/2026         561,218      0.00%
     Prologis   International    Funding   II SA              EUR425,000       0.75%     23/3/2033         461,275      0.00%
     Prologis   International    Funding   II SA              EUR360,000       2.38%     14/11/2030         459,505      0.00%
     Logicor   Financing   Sarl                   EUR400,000       0.88%     14/1/2031         431,492      0.00%
     ArcelorMittal     SA                     $300,000      7.00%     15/10/2039         415,130      0.00%
     SES  GLOBAL   Americas   Holdings   GP               $325,000      5.30%     25/3/2044         372,225      0.00%
     SES  SA                       EUR300,000       0.88%     4/11/2027         342,090      0.00%
     Acef  Holding   SCA                    EUR300,000       1.25%     26/4/2030         340,584      0.00%
     ArcelorMittal     SA                     $200,000      6.75%      1/3/2041        270,251      0.00%
     CBRE  Global  Investors   Open-Ended    Fund  SCA  SICAV-SIF
                              EUR200,000       0.90%     12/10/2029         224,612      0.00%
       Pan European   Core  Fund
     ArcelorMittal     SA                     $200,000      4.25%     16/7/2029         219,217      0.00%
     Prologis   International    Funding   II SA              EUR175,000       1.63%     17/6/2032         208,200      0.00%
     ArcelorMittal     SA                     $150,000      4.55%     11/3/2026         164,503      0.00%
     Prologis   International    Funding   II SA              EUR125,000       1.88%     17/4/2025         150,486      0.00%
     Luxembourg    Government    Bond                 EUR50,000       2.13%     10/7/2023         59,190      0.00%
                                                  16,175,770        0.07%
     マカオ  0.01%  (2020:  0.01%)
     Sands  China  Ltd.                      $800,000      5.40%      8/8/2028        863,963      0.01%
     Sands  China  Ltd.                      $700,000      4.38%     18/6/2030         714,385      0.00%
     Sands  China  Ltd.                      $575,000      5.13%      8/8/2025        600,530      0.00%
     Sands  China  Ltd.                      $200,000      2.30%      8/3/2027        188,345      0.00%
     Sands  China  Ltd.                      $200,000      2.85%      8/3/2029        187,700      0.00%
     Sands  China  Ltd.                      $200,000      3.25%      8/8/2031        187,082      0.00%
                                122/362

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                                                  2,742,005       0.01%
     マレーシア    0.44%  (2020:  0.38%)
     Malaysia   Government    Bond                 RM37,500,000        3.91%     15/7/2026        9,288,745       0.04%
     Malaysia   Government    Bond                 RM37,000,000        3.88%     14/3/2025        9,138,911       0.04%
     Malaysia   Government    Bond                 RM27,500,000        3.89%     15/8/2029        6,737,292       0.03%
     Malaysia   Government    Bond                 RM26,800,000        3.76%     20/4/2023        6,553,939       0.03%
     Malaysia   Government    Bond                 RM21,000,000        3.73%     15/6/2028        5,137,373       0.02%
     Malaysia   Government    Bond                 RM18,568,000        4.89%      8/6/2038        4,898,279       0.02%
     Malaysia   Government    Bond                 RM17,500,000        3.90%     30/11/2026        4,343,336       0.02%
     Malaysia   Government    Bond                 RM15,300,000        3.76%     22/5/2040        3,513,532       0.02%
     Malaysia   Government    Bond                 RM14,500,000        3.84%     15/4/2033        3,478,555       0.02%
     Malaysia   Government    Bond                 RM14,000,000        4.25%     31/5/2035        3,476,566       0.02%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Malaysia   Government    Bond                RM14,000,000        3.90%     16/11/2027         3,469,109       0.02%
     Malaysia   Government    Bond                RM13,500,000        4.23%     30/6/2031        3,389,238       0.02%
     Malaysia   Government    Bond                RM13,400,000        3.83%      5/7/2034        3,195,709       0.01%
     Malaysia   Government    Bond                RM11,116,000        4.64%     7/11/2033        2,864,065       0.01%
     Malaysia   Government    Bond                RM10,000,000        4.76%      7/4/2037        2,620,016       0.01%
     Malaysia   Government    Bond                RM10,000,000        3.80%     17/8/2023        2,453,031       0.01%
     Malaysia   Government    Bond                RM10,000,000        3.48%     15/3/2023        2,436,466       0.01%
     Petronas   Capital   Ltd.                   $2,150,000       3.50%     21/4/2030        2,326,816       0.01%
     Malaysia   Government    Bond                RM8,640,000        4.92%      6/7/2048        2,264,857       0.01%
     Malaysia   Government    Bond                RM9,500,000        4.07%     15/6/2050        2,226,900       0.01%
     Malaysia   Government    Bond                RM10,000,000        2.63%     15/4/2031        2,223,643       0.01%
     Petronas   Capital   Ltd.                   $1,725,000       4.55%     21/4/2050        2,140,483       0.01%
     Malaysia   Government    Bond                RM8,500,000        3.96%     15/9/2025        2,106,059       0.01%
     Malaysia   Government    Bond                RM4,500,000        4.18%     15/7/2024        1,114,984       0.01%
     RHB  Bank  Bhd                     $1,000,000       3.77%     19/2/2024        1,049,962       0.01%
     Malaysia   Government    Bond                RM4,000,000        4.74%     15/3/2046        1,022,869       0.01%
     Petronas   Capital   Ltd.                   $1,000,000       2.48%     28/1/2032        1,003,172       0.00%
     Malaysia   Sovereign   Sukuk  Bhd                $700,000      4.24%     22/4/2045         870,772       0.00%
     Petronas   Capital   Ltd.                   $800,000      3.50%     18/3/2025         848,272       0.00%
     Malaysia   Government    Bond                RM3,000,000        4.50%     15/4/2030         765,161       0.00%
     Petronas   Capital   Ltd.                   $600,000      4.50%     18/3/2045         733,742       0.00%
     Petronas   Capital   Ltd.                   $500,000      4.80%     21/4/2060         664,062       0.00%
     TNB  Global  Ventures   Capital   Bhd               $600,000      3.24%     19/10/2026         626,973       0.00%
     Gohl  Capital   Ltd.                     $500,000      4.25%     24/1/2027         516,964       0.00%
     Malaysia   Government    Bond                RM1,930,000        4.94%     30/9/2043         507,745       0.00%
     Malaysia   Wakala   Sukuk  Bhd                 $500,000      2.07%     28/4/2031         499,132       0.00%
     Malaysia   Sovereign   Sukuk  Bhd                $450,000      3.04%     22/4/2025         472,485       0.00%
     Genm  Capital   Labuan   Ltd.                  $400,000      3.88%     19/4/2031         390,921       0.00%
     Axiata  Spv5  Labuan   Ltd.                  $400,000      3.06%     19/8/2050         386,197       0.00%
     Malaysia   Sukuk  Global  Bhd                 $250,000      3.18%     27/4/2026         266,701       0.00%
     Malaysia   Government    Bond                RM1,000,000        5.25%     15/9/2028         265,233       0.00%
     Petroliam   Nasional   Bhd                   $150,000      7.63%     15/10/2026         189,504       0.00%
     SSG  Resources    Ltd.                    $100,000      4.25%     4/10/2022         101,792       0.00%
                                                 102,579,563        0.44%
     メキシコ   0.55%  (2020:  0.56%)
     Mexican   Bonos                   MXN175,000,000         5.75%      5/3/2026        8,070,911       0.04%
                                123/362


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     Mexican   Bonos                   MXN157,500,000         7.50%      3/6/2027        7,720,958       0.03%
     Mexican   Bonos                   MXN132,500,000         8.00%      5/9/2024        6,590,803       0.03%
     Mexican   Bonos                   MXN122,500,000         8.50%     31/5/2029        6,338,526       0.03%
     Mexican   Bonos                   MXN107,500,000         7.75%     29/5/2031        5,313,407       0.02%
     Mexican   Bonos                    MXN87,200,000         8.50%     18/11/2038         4,487,480       0.02%
     Mexican   Bonos                    MXN90,000,000         8.00%     7/11/2047        4,365,811       0.02%
     Mexican   Bonos                    MXN82,500,000         7.75%     13/11/2042         3,914,706       0.02%
     Mexican   Bonos                    MXN73,500,000        10.00%      5/12/2024        3,850,065       0.02%
     Mexican   Bonos                    MXN75,000,000         8.00%     7/12/2023        3,717,935       0.02%
     Mexico   Government    International    Bond             $3,300,000       4.28%     14/8/2041        3,425,776       0.02%
     Mexican   Bonos                    MXN52,500,000        10.00%     20/11/2036         3,083,057       0.01%
     Mexico   Government    International    Bond             $2,800,000       3.25%     16/4/2030        2,878,744       0.01%
     Mexico   Government    International    Bond             $2,250,000       4.75%      8/3/2044        2,451,492       0.01%
     Mexico   Government    International    Bond             $2,350,000       3.77%     24/5/2061        2,164,616       0.01%
     Mexico   Government    International    Bond             $1,900,000       4.15%     28/3/2027        2,100,144       0.01%
     Mexico   Government    International    Bond             $1,850,000       4.50%     22/4/2029        2,060,648       0.01%
     Mexico   Government    International    Bond             $1,500,000       5.55%     21/1/2045        1,796,037       0.01%
     Mexico   Government    International    Bond            EUR1,610,000        1.45%     25/10/2033         1,702,529       0.01%
     Alfa  SAB  de CV                    $1,600,000       5.25%     25/3/2024        1,694,512       0.01%
     Mexico   Government    International    Bond            EUR1,743,000        2.13%     25/10/2051         1,640,056       0.01%
     Mexican   Bonos                    MXN30,000,000         6.75%      9/3/2023        1,468,516       0.01%
     Mexico   Government    International    Bond             $1,175,000       6.05%     11/1/2040        1,462,155       0.01%
     Mexican   Bonos                    MXN29,000,000         7.75%     23/11/2034         1,429,598       0.01%
     Fomento   Economico    Mexicano   SAB  de CV           $1,350,000       3.50%     16/1/2050        1,417,779       0.01%
     Mexico   Government    International    Bond             $1,200,000       3.75%     11/1/2028        1,291,248       0.01%
     Mexico   Government    International    Bond             $1,200,000       4.60%     10/2/2048        1,280,324       0.01%
     Mexico   Government    International    Bond             $1,100,000       5.75%     12/10/2110         1,267,618       0.01%
     Banco  Nacional   de Comercio   Exterior   SNC            $1,150,000       4.38%     14/10/2025         1,259,239       0.01%
     America   Movil  SAB  de CV                 $875,000      6.13%     30/3/2040        1,210,538       0.01%
     Southern   Copper   Corp.                   $875,000      5.88%     23/4/2045        1,199,804       0.01%
     BBVA  Bancomer   SA                   $1,100,000       4.38%     10/4/2024        1,169,038       0.01%
     Mexico   Government    International    Bond             $1,000,000       4.75%     27/4/2032        1,130,898       0.01%
     Mexico   Government    International    Bond            EUR1,000,000        2.25%     12/8/2036        1,098,503       0.01%
     Fresnillo   plc                     $1,000,000       5.50%     13/11/2023         1,074,122       0.01%
     Mexico   Government    International    Bond             $1,000,000       4.00%     2/10/2023        1,053,129       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Mexico   Government    International    Bond              $976,000      3.60%     30/1/2025        1,035,955       0.01%
     Mexico   Government    International    Bond             EUR895,000       2.88%      8/4/2039        1,026,824       0.01%
     Mexico   Government    International    Bond              $940,000      4.60%     23/1/2046        1,005,371       0.01%
     Mexico   City  Airport   Trust                  $1,000,000       5.50%     31/7/2047        1,001,076       0.00%
     Grupo  Televisa   SAB                    $800,000      5.00%     13/5/2045         942,400       0.00%
     Mexico   Government    International    Bond              $900,000      4.35%     15/1/2047         934,215       0.00%
     Mexico   Government    International    Bond             $1,000,000       3.75%     19/4/2071         897,101       0.00%
     Mexico   Government    International    Bond             EUR790,000       1.13%     17/1/2030         871,209       0.00%
     Grupo  Bimbo  SAB  de CV                  $725,000      4.70%     10/11/2047         864,218       0.00%
     America   Movil  SAB  de CV                 $700,000      4.38%     22/4/2049         851,394       0.00%
     Mexico   City  Airport   Trust                  $748,000      4.25%     31/10/2026         793,672       0.00%
     Comision   Federal   de Electricidad                  $800,000      3.35%      9/2/2031        784,683       0.00%
     Comision   Federal   de Electricidad                  $800,000      4.68%      9/2/2051        752,506       0.00%
     Industrias   Penoles   SAB  de CV                $600,000      5.65%     12/9/2049         740,420       0.00%
                                124/362


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     Grupo  Bimbo  SAB  de CV                  $700,000      3.88%     27/6/2024         738,589       0.00%
     Mexico   Government    International    Bond             EUR600,000       3.00%      6/3/2045        696,994       0.00%
     Comision   Federal   de Electricidad                  $600,000      4.75%     23/2/2027         665,151       0.00%
     Industrias   Penoles   SAB  de CV                $600,000      4.75%      6/8/2050        656,382       0.00%
     Mexico   Government    International    Bond              $600,000      3.90%     27/4/2025         643,086       0.00%
     Trust  Fibra  Uno                     $600,000      4.87%     15/1/2030         637,561       0.00%
     Mexico   Government    International    Bond              $600,000      4.50%     31/1/2050         636,969       0.00%
     Southern   Copper   Corp.                   $500,000      5.25%     8/11/2042         631,889       0.00%
     Grupo  Televisa   SAB                    $500,000      5.25%     24/5/2049         629,110       0.00%
     Coca-Cola    Femsa  SAB  de CV                $600,000      2.75%     22/1/2030         612,493       0.00%
     Alpek  SAB  de CV                    $600,000      3.25%     25/2/2031         602,729       0.00%
     America   Movil  SAB  de CV                EUR500,000       0.75%     26/6/2027         574,988       0.00%
     Trust  Fibra  Uno                     $500,000      5.25%     15/12/2024         541,878       0.00%
     America   Movil  SAB  de CV                 $500,000      2.88%      7/5/2030        517,426       0.00%
     Southern   Copper   Corp.                   $350,000      7.50%     27/7/2035         501,306       0.00%
     Mexico   Government    International    Bond              $500,000      2.66%     24/5/2031         487,488       0.00%
     America   Movil  SAB  de CV                 $350,000      6.38%      1/3/2035        483,724       0.00%
     FEL  Energy   VI Sarl                    $482,406      5.75%     1/12/2040         480,093       0.00%
     Coca-Cola    Femsa  SAB  de CV                $500,000      1.85%      1/9/2032        472,063       0.00%
     Trust  Fibra  Uno                     $400,000      6.39%     15/1/2050         467,768       0.00%
     America   Movil  SAB  de CV                GBP250,000       4.38%      7/8/2041        435,003       0.00%
     Infraestructura     Energetica    Nova  SAB  de CV            $400,000      4.75%     15/1/2051         401,434       0.00%
     Orbia  Advance   Corp.  SAB  de CV               $300,000      5.88%     17/9/2044         369,476       0.00%
     Orbia  Advance   Corp.  SAB  de CV               $300,000      5.50%     15/1/2048         351,353       0.00%
     Infraestructura     Energetica    Nova  SAB  de CV            $325,000      3.75%     14/1/2028         339,210       0.00%
     Trust  Fibra  Uno                     $300,000      5.25%     30/1/2026         328,836       0.00%
     Infraestructura     Energetica    Nova  SAB  de CV            $325,000      4.88%     14/1/2048         328,308       0.00%
     America   Movil  SAB  de CV                 $275,000      4.38%     16/7/2042         325,369       0.00%
     America   Movil  SAB  de CV                 $300,000      3.63%     22/4/2029         324,521       0.00%
     Grupo  Bimbo  SAB  de CV                  $300,000      4.00%      6/9/2049        323,970       0.00%
     Mexico   Government    International    Bond             GBP200,000       5.63%     19/3/2114         292,399       0.00%
     Orbia  Advance   Corp.  SAB  de CV               $200,000      6.75%     19/9/2042         265,210       0.00%
     Comision   Federal   de Electricidad                  $200,000      6.13%     16/6/2045         237,566       0.00%
     America   Movil  SAB  de CV                EUR200,000       1.50%     10/3/2024         234,639       0.00%
     Mexico   Government    International    Bond              $200,000      5.00%     27/4/2051         227,952       0.00%
     Grupo  Televisa   SAB                    $200,000      4.63%     30/1/2026         217,117       0.00%
     Comision   Federal   de Electricidad                  $200,000      5.75%     14/2/2042         216,917       0.00%
     Banco  Inbursa   SA Institucion    De Banca  Multiple            $200,000      4.13%      6/6/2024        208,873       0.00%
      Grupo  Financiero    Inbursa
     America   Movil  SAB  de CV                 $150,000      6.13%     15/11/2037         203,589       0.00%
     Coca-Cola    Femsa  SAB  de CV                $150,000      5.25%     26/11/2043         196,115       0.00%
     Fermaca   Enterprises    S de RL de CV              $163,538      6.38%     30/3/2038         188,810       0.00%
     America   Movil  SAB  de CV                GBP100,000       4.95%     22/7/2033         172,805       0.00%
     Grupo  Televisa   SAB                    $150,000      6.63%     18/3/2025         171,316       0.00%
     Southern   Copper   Corp.                   $100,000      3.88%     23/4/2025         107,065       0.00%
     Mexico   Government    International    Bond              $75,000      7.50%      8/4/2033        104,779       0.00%
     America   Movil  SAB  de CV                 GBP50,000       5.75%     28/6/2030         87,096      0.00%
     Grupo  Televisa   SAB                    $50,000      8.50%     11/3/2032         71,740      0.00%
     Grupo  Televisa   SAB                    $50,000      6.63%     15/1/2040         67,996      0.00%
     Mexico   Government    International    Bond              $50,000      6.75%     27/9/2034         66,592      0.00%
                                                 129,225,509        0.55%
     オランダ   1.57%  (2020:  1.65%)
                                125/362

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     Netherlands    Government    Bond              EUR20,232,000        0.00%     15/1/2027        23,446,863        0.10%
     Netherlands    Government    Bond              EUR18,500,000        0.25%     15/7/2025        21,610,361        0.09%
     Netherlands    Government    Bond               EUR9,870,000        3.75%     15/1/2042        19,159,759        0.08%
     Netherlands    Government    Bond              EUR10,550,000        2.50%     15/1/2033        15,293,115        0.07%
     Netherlands    Government    Bond              EUR11,169,000        0.75%     15/7/2027        13,498,265        0.06%
     Netherlands    Government    Bond              EUR11,400,000        0.00%     15/7/2030        13,090,523        0.06%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Netherlands    Government    Bond              EUR12,200,000        0.00%     15/1/2052        12,632,255        0.06%
     Netherlands    Government    Bond              EUR10,234,000        0.00%     15/1/2038        11,298,082        0.05%
     Netherlands    Government    Bond               EUR7,625,000        0.50%     15/1/2040        9,223,647       0.04%
     Netherlands    Government    Bond               EUR6,450,000        1.75%     15/7/2023        7,614,711       0.03%
     Netherlands    Government    Bond               EUR5,774,000        0.00%     15/7/2031        6,587,463       0.03%
     Netherlands    Government    Bond               EUR4,500,000        0.00%     15/1/2024        5,184,901       0.02%
     Stedin  Holding   NV                  EUR4,372,000        0.00%     16/11/2026         4,928,255       0.02%
     Netherlands    Government    Bond               EUR4,018,000        2.00%     15/7/2024        4,875,038       0.02%
     de Volksbank    NV                   EUR4,400,000        0.38%     16/9/2041        4,818,334       0.02%
     Netherlands    Government    Bond               EUR2,600,000        2.75%     15/1/2047        4,798,994       0.02%
     de Volksbank    NV                   EUR3,700,000        0.25%     22/6/2026        4,178,315       0.02%
     Nederlandse    Waterschapsbank      NV             EUR3,850,000        0.38%     28/9/2046        4,166,989       0.02%
     BNG  Bank  NV                   AU($)5,000,000         4.75%      6/3/2023        3,813,159       0.02%
     BNG  Bank  NV                    EUR3,100,000        0.13%     19/4/2033        3,444,742       0.02%
     BNG  Bank  NV                    GBP2,450,000        0.38%     15/12/2025         3,225,615       0.02%
     ING  Groep  NV                   EUR2,700,000        1.13%     14/2/2025        3,164,428       0.01%
     Nederlandse    Waterschapsbank      NV             EUR2,700,000        0.75%     4/10/2041        3,153,128       0.01%
     Netherlands    Government    Bond               EUR2,600,000        0.25%     15/7/2029        3,056,171       0.01%
     BNG  Bank  NV                    EUR2,700,000        0.13%      9/7/2035        2,940,327       0.01%
     Nederlandse    Waterschapsbank      NV             EUR2,500,000        0.00%     14/4/2023        2,861,729       0.01%
     TenneT   Holding   BV                  EUR2,500,000        0.13%     9/12/2027        2,821,980       0.01%
     Netherlands    Government    Bond               EUR2,244,000        0.50%     15/7/2026        2,662,616       0.01%
     Netherlands    Government    Bond               EUR1,450,000        4.00%     15/1/2037        2,607,900       0.01%
     ABN  AMRO  Bank  NV                 EUR2,100,000        2.50%      5/9/2023        2,504,677       0.01%
     Cooperatieve     Rabobank   UA               EUR2,000,000        0.88%      1/2/2029        2,394,724       0.01%
     Heineken   NV                    EUR2,000,000        1.63%     30/3/2025        2,386,031       0.01%
     NIBC  Bank  NV                   EUR2,000,000        0.88%      8/7/2025        2,319,627       0.01%
     Nationale-Nederlanden        Bank  NV              EUR2,000,000        0.25%     27/2/2024        2,299,097       0.01%
     Cooperatieve     Rabobank   UA               GBP1,700,000        1.25%     14/1/2025        2,284,235       0.01%
     BNG  Bank  NV                     $2,250,000       0.50%     24/11/2025         2,185,911       0.01%
     JAB  Holdings   BV                   EUR1,800,000        1.00%     14/7/2031        1,986,738       0.01%
     NIBC  Bank  NV                   EUR1,600,000        0.13%     21/4/2031        1,782,902       0.01%
     Shell  International    Finance   BV               $1,430,000       4.38%     11/5/2045        1,742,603       0.01%
     NXP  BV/NXP   Funding   LLC                 $1,585,000       4.88%      1/3/2024        1,702,472       0.01%
     JDE  Peet's  NV                   EUR1,500,000        0.00%     16/1/2026        1,677,807       0.01%
     BNG  Bank  NV                    EUR1,500,000        0.00%     20/1/2031        1,672,040       0.01%
     BNG  Bank  NV                    EUR1,500,000        0.01%     5/10/2032        1,652,238       0.01%
     Shell  International    Finance   BV               $1,405,000       4.13%     11/5/2035        1,643,432       0.01%
     Cooperatieve     Rabobank   UA                $1,550,000       2.75%     10/1/2023        1,584,581       0.01%
     Cooperatieve     Rabobank   UA               GBP1,000,000        5.25%     14/9/2027        1,577,991       0.01%
     Shell  International    Finance   BV               $1,350,000       4.00%     10/5/2046        1,574,237       0.01%
     Shell  International    Finance   BV              EUR1,400,000        0.13%     8/11/2027        1,571,547       0.01%
     ING  Groep  NV＾                   EUR1,300,000        1.63%     26/9/2029        1,518,147       0.01%
                                126/362


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     ABN  AMRO  Bank  NV                 EUR1,300,000        0.38%     14/1/2035        1,463,426       0.01%
     Aegon  Bank  NV                   EUR1,200,000        0.38%     21/11/2024         1,384,155       0.01%
     ABN  AMRO  Bank  NV                 EUR1,200,000        0.50%     23/9/2029        1,348,302       0.01%
     JDE  Peet's  NV                   EUR1,188,000        0.63%      9/2/2028        1,338,170       0.01%
     BNG  Bank  NV                    EUR1,000,000        1.50%     15/7/2039        1,318,203       0.01%
     Cooperatieve     Rabobank   UA                $1,190,000       3.38%     21/5/2025        1,269,236       0.01%
     Cooperatieve     Rabobank   UA＾                $1,300,000       1.00%     24/9/2026        1,266,014       0.01%
     Cooperatieve     Rabobank   UA               CHF1,000,000        3.13%     15/9/2026        1,258,889       0.01%
     Shell  International    Finance   BV              EUR1,000,000        1.63%     20/1/2027        1,214,990       0.01%
     BNG  Bank  NV                    EUR1,000,000        0.50%     26/11/2025         1,166,180       0.01%
     Cooperatieve     Rabobank   UA                 $825,000      5.75%     1/12/2043        1,150,365       0.01%
     Nationale-Nederlanden        Bank  NV              EUR1,000,000        0.38%     26/2/2025        1,149,489       0.01%
     Stedin  Holding   NV                  EUR1,000,000        0.50%     14/11/2029         1,144,455       0.01%
     ING  Groep  NV＾                   EUR1,000,000        0.13%     29/11/2025         1,136,316       0.01%
     Viterra   Finance   BV                  EUR1,006,000        0.38%     24/9/2025        1,135,819       0.01%
     JDE  Peet's  NV                   EUR1,000,000        0.24%     16/1/2025        1,133,837       0.01%
     Nederlandse    Gasunie   NV                EUR1,000,000        0.38%     3/10/2031        1,117,780       0.01%
     Cooperatieve     Rabobank   UA                 $800,000      5.25%     24/5/2041        1,117,221       0.01%
     ABN  AMRO  Bank  NV                 EUR1,000,000        0.40%     17/9/2041        1,099,013       0.01%
     Cooperatieve     Rabobank   UA                $1,000,000       3.75%     21/7/2026        1,076,372       0.01%
     TenneT   Holding   BV                  EUR900,000       0.88%      3/6/2030        1,052,025       0.01%
     Cooperatieve     Rabobank   UA                $1,000,000       3.88%     26/9/2023        1,049,371       0.01%
     Cooperatieve     Rabobank   UA＾                $1,000,000       4.00%     10/4/2029        1,047,685       0.01%
     Cooperatieve     Rabobank   UA＾                EUR900,000       0.88%      5/5/2028        1,046,949       0.01%
     NIBC  Bank  NV                    EUR900,000       1.13%     19/4/2023        1,039,010       0.01%
     ING  Groep  NV＾                     $1,000,000       2.73%      1/4/2032        1,019,152       0.01%
     Cooperatieve     Rabobank   UA＾                $1,000,000       1.34%     24/6/2026         986,836       0.01%
     Toyota   Motor  Finance   Netherlands    BV            EUR872,000       0.00%     27/10/2025         985,123       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Shell  International    Finance   BV                $715,000      5.50%     25/3/2040         970,539       0.01%
     Cooperatieve     Rabobank   UA                EUR800,000       1.38%      3/2/2027        966,865       0.01%
     Nationale-Nederlanden        Bank  NV              EUR900,000       0.05%     24/9/2035         966,041       0.01%
     Cooperatieve     Rabobank   UA                EUR800,000       1.13%      7/5/2031        956,032       0.01%
     Shell  International    Finance   BV                $920,000      3.13%     7/11/2049         948,589       0.01%
     ASML  Holding   NV                   EUR800,000       0.63%      7/5/2029        928,807       0.01%
     NIBC  Bank  NV                    EUR800,000       0.50%     19/3/2027         928,699       0.01%
     Cooperatieve     Rabobank   UA                EUR800,000       0.63%     27/2/2024         924,353       0.01%
     Royal  Schiphol   Group  NV                 EUR800,000       0.38%      8/9/2027        908,335       0.01%
     Euronext   NV                     EUR800,000       1.50%     17/5/2041         897,952       0.01%
     TenneT   Holding   BV                  EUR800,000       0.88%     16/6/2035         897,064       0.01%
     NXP  BV/NXP   Funding   LLC/NXP    USA,  Inc.            $800,000      4.30%     18/6/2029         896,980       0.01%
     JDE  Peet's  NV                    EUR800,000       0.50%     16/1/2029         885,906       0.01%
     Shell  International    Finance   BV               EUR700,000       1.88%     15/9/2025         847,955       0.01%
     ABN  AMRO  Bank  NV＾                   $860,000      1.54%     16/6/2027         842,523       0.00%
     Koninklijke    Philips  NV                  EUR700,000       1.38%      2/5/2028        841,508       0.00%
     NIBC  Bank  NV                    EUR700,000       1.00%     11/9/2028         838,932       0.00%
     BNG  Bank  NV                     $800,000      2.38%     16/3/2026         835,045       0.00%
     Shell  International    Finance   BV               EUR800,000       0.88%     8/11/2039         833,539       0.00%
     BNG  Bank  NV                     $800,000      2.63%     27/2/2024         830,113       0.00%
     Koninklijke    KPN  NV                  GBP500,000       5.75%     17/9/2029         818,277       0.00%
                                127/362


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     Nederlandse    Waterschapsbank      NV               $800,000      1.75%     15/1/2025         815,856       0.00%
     Nederlandse    Waterschapsbank      NV              EUR750,000       0.00%     2/10/2034         810,580       0.00%
     Shell  International    Finance   BV                $785,000      2.38%     7/11/2029         803,080       0.00%
     ABN  AMRO  Bank  NV＾                   $800,000      3.32%     13/3/2037         799,300       0.00%
     NN Group  NV＾                    EUR600,000       4.63%     13/1/2048         797,691       0.00%
     ASML  Holding   NV                   EUR650,000       1.63%     28/5/2027         797,054       0.00%
     ING  Groep  NV＾                    EUR700,000       0.10%      3/9/2025        795,460       0.00%
     Nederlandse    Waterschapsbank      NV             AU($)1,000,000         3.30%      2/5/2029        781,564       0.00%
     ABN  AMRO  Bank  NV                  EUR600,000       1.38%     10/1/2034         759,611       0.00%
     Euronext   NV                     EUR665,000       0.13%     17/5/2026         752,577       0.00%
     Shell  International    Finance   BV               EUR600,000       1.88%      7/4/2032        751,411       0.00%
     Royal  Schiphol   Group  NV                 EUR660,000       0.00%     22/4/2025         745,440       0.00%
     ABN  AMRO  Bank  NV                   $675,000      4.75%     28/7/2025         736,585       0.00%
     ING  Groep  NV                    EUR600,000       2.13%     10/1/2026         732,507       0.00%
     LeasePlan    Corp.  NV                  EUR600,000       0.13%     13/9/2023         684,418       0.00%
     de Volksbank    NV                   EUR600,000       0.01%     16/9/2024         684,241       0.00%
     Nationale-Nederlanden        Bank  NV              EUR600,000       0.50%     21/9/2028         675,175       0.00%
     Cooperatieve     Rabobank   UA                 $500,000      5.25%      4/8/2045        666,851       0.00%
     JDE  Peet's  NV                    EUR600,000       1.13%     16/6/2033         663,809       0.00%
     BNG  Bank  NV                     $600,000      3.00%     20/9/2023         622,936       0.00%
     ABN  AMRO  Bank  NV＾                   $600,000      4.40%     27/3/2028         619,539       0.00%
     ABN  AMRO  Bank  NV                  EUR500,000       1.00%     13/4/2031         608,670       0.00%
     BNG  Bank  NV                     $600,000      1.50%     16/10/2024         608,206       0.00%
     EXOR  NV                      EUR500,000       1.75%     18/1/2028         604,171       0.00%
     ABN  AMRO  Bank  NV＾                   $600,000      2.47%     13/12/2029         600,223       0.00%
     Akzo  Nobel  NV                    EUR500,000       1.75%     7/11/2024         598,436       0.00%
     EXOR  NV                      EUR535,000       0.88%     19/1/2031         595,520       0.00%
     Van  Lanschot   Kempen   NV                EUR500,000       0.88%     15/2/2027         590,746       0.00%
     Nederlandse    Gasunie   NV                 EUR500,000       1.00%     11/5/2026         589,498       0.00%
     Aegon  Bank  NV                    EUR500,000       0.75%     27/6/2027         588,246       0.00%
     Shell  International    Finance   BV               EUR500,000       1.13%      7/4/2024        584,532       0.00%
     Shell  International    Finance   BV               GBP500,000       1.75%     10/9/2052         580,909       0.00%
     ING  Groep  NV                    EUR500,000       1.00%     20/9/2023         579,898       0.00%
     Koninklijke    Philips  NV                  EUR500,000       0.50%     22/5/2026         577,993       0.00%
     Nederlandse    Waterschapsbank      NV              EUR500,000       0.50%     19/1/2023         574,819       0.00%
     ING  Groep  NV＾                    EUR500,000       1.00%     13/11/2030         570,674       0.00%
     ING  Groep  NV                    GBP400,000       3.00%     18/2/2026         570,587       0.00%
     Koninklijke    DSM  NV                  EUR500,000       0.63%     23/6/2032         566,783       0.00%
     Aegon  NV                      GBP300,000       6.13%     15/12/2031         564,613       0.00%
     CTP  NV                      EUR500,000       0.63%     27/9/2026         561,846       0.00%
     ASML  Holding   NV                   EUR500,000       0.25%     25/2/2030         561,603       0.00%
     Viterra   Finance   BV                   EUR500,000       1.00%     24/9/2028         559,402       0.00%
     Koninklijke    Ahold  Delhaize   NV               EUR500,000       0.38%     18/3/2030         559,159       0.00%
     Koninklijke    KPN  NV                  EUR500,000       0.88%     14/12/2032         557,581       0.00%
     CTP  NV                      EUR500,000       1.25%     21/6/2029         556,268       0.00%
     ABN  AMRO  Bank  NV                  EUR466,000       0.50%     15/4/2026         538,623       0.00%
     ING  Groep  NV                     $500,000      4.10%     2/10/2023         526,149       0.00%
     Shell  International    Finance   BV                $500,000      2.50%     12/9/2026         523,590       0.00%
     Shell  International    Finance   BV               GBP400,000       1.00%     10/12/2030         506,123       0.00%
     Shell  International    Finance   BV                $400,000      4.55%     12/8/2043         500,040       0.00%
                                128/362


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                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     Shell  International    Finance   BV                $500,000      0.38%     15/9/2023         497,326       0.00%
     Heineken   NV                     EUR400,000       1.50%     3/10/2029         486,616       0.00%
     Stedin  Holding   NV                   EUR400,000       1.38%     19/9/2028         484,695       0.00%
     NN Group  NV                    EUR400,000       1.63%      1/6/2027        484,608       0.00%
     Vesteda   Finance   BV                  EUR400,000       1.50%     24/5/2027         480,026       0.00%
     BNG  Bank  NV                     $500,000      1.00%      3/6/2030        476,235       0.00%
     Nederlandse    Waterschapsbank      NV               $500,000      1.00%     28/5/2030         476,208       0.00%
     Koninklijke    Ahold  Delhaize   NV               EUR400,000       1.13%     19/3/2026         471,766       0.00%
     TenneT   Holding   BV                  EUR400,000       1.00%     13/6/2026         471,402       0.00%
     Koninklijke    DSM  NV                  EUR400,000       0.75%     28/9/2026         468,857       0.00%
     ABN  AMRO  Bank  NV＾                  EUR400,000       2.88%     18/1/2028         467,499       0.00%
     ELM  BV for Helvetia   Schweizerische
                             EUR367,000       3.38%     29/9/2047         466,148       0.00%
       Versicherungsgesellschaft         AG＾
     Shell  International    Finance   BV                $435,000      3.25%      6/4/2050        463,672       0.00%
     Koninklijke    KPN  NV                  EUR400,000       0.63%      9/4/2025        461,909       0.00%
     Euronext   NV                     EUR390,000       1.13%     12/6/2029         460,567       0.00%
     Aegon  NV＾                       $400,000      5.50%     11/4/2048         458,627       0.00%
     JDE  Peet's  NV                     $475,000      1.38%     15/1/2027         458,421       0.00%
     Achmea   Bank  NV                   EUR400,000       0.01%     16/6/2025         456,121       0.00%
     Enexis  Holding   NV                   EUR400,000       0.63%     17/6/2032         454,742       0.00%
     Wolters   Kluwer   NV                   EUR400,000       0.25%     30/3/2028         447,835       0.00%
     NIBC  Bank  NV                    EUR400,000       0.01%     15/10/2029         446,733       0.00%
     ING  Groep  NV                     $400,000      4.05%      9/4/2029        446,665       0.00%
     Shell  International    Finance   BV               EUR400,000       0.50%     8/11/2031         442,017       0.00%
     Cooperatieve     Rabobank   UA                 $400,000      4.38%      4/8/2025        433,986       0.00%
     Shell  International    Finance   BV                $400,000      2.88%     10/5/2026         425,395       0.00%
     Netherlands    Government    Bond               EUR350,000       3.75%     15/1/2023         416,535       0.00%
     JDE  Peet's  NV                     $425,000      0.80%     24/9/2024         415,608       0.00%
     JDE  Peet's  NV                     $400,000      2.25%     24/9/2031         386,235       0.00%
     ASR  Nederland    NV＾                   EUR300,000       3.38%      2/5/2049        375,772       0.00%
     Royal  Schiphol   Group  NV                 EUR327,000       0.88%      8/9/2032        369,251       0.00%
     Heineken   NV                     EUR300,000       1.38%     29/1/2027         359,362       0.00%
     Heineken   NV                     EUR300,000       1.75%      7/5/2040        358,933       0.00%
     Shell  International    Finance   BV                $350,000      2.00%     7/11/2024         358,858       0.00%
     BNG  Bank  NV                    EUR300,000       1.00%     12/1/2026         357,014       0.00%
     BNG  Bank  NV                    EUR300,000       2.25%     17/7/2023         355,352       0.00%
     NIBC  Bank  NV                    EUR300,000       2.00%      9/4/2024        355,151       0.00%
     Stedin  Holding   NV                   EUR300,000       0.88%     24/10/2025         350,621       0.00%
     Heineken   NV                      $325,000      3.50%     29/1/2028         350,236       0.00%
     Nederlandse    Waterschapsbank      NV               $350,000      0.13%     15/2/2023         348,284       0.00%
     Shell  International    Finance   BV               EUR300,000       0.75%     15/8/2028         347,932       0.00%
     BNG  Bank  NV                    EUR300,000       0.25%      7/5/2025        346,580       0.00%
     Koninklijke    Ahold  Delhaize   NV               EUR300,000       0.25%     26/6/2025         343,434       0.00%
     Heineken   NV                      $275,000      4.35%     29/3/2047         341,678       0.00%
     Nederlandse    Waterschapsbank      NV              EUR300,000       0.05%     28/1/2030         339,502       0.00%
     ING  Groep  NV                     $300,000      3.55%      9/4/2024        314,629       0.00%
     Cooperatieve     Rabobank   UA                GBP200,000       4.63%     23/5/2029         314,608       0.00%
     Shell  International    Finance   BV                $300,000      2.75%      6/4/2030        313,803       0.00%
     Shell  International    Finance   BV                $300,000      3.00%     26/11/2051         304,732       0.00%
     Royal  Schiphol   Group  NV                 EUR275,000       0.75%     22/4/2033         303,132       0.00%
                                129/362


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     UPP  Bond  1 Issuer  plc                 GBP175,200       4.90%     28/2/2040         287,863       0.00%
     Shell  International    Finance   BV                $270,000      3.25%     11/5/2025         287,683       0.00%
     JAB  Holdings   BV                    $250,000      3.75%     28/5/2051         274,072       0.00%
     ABN  AMRO  Bank  NV                  GBP200,000       1.38%     16/1/2025         270,759       0.00%
     ING  Bank  NV                      $250,000      2.63%     5/12/2022         254,564       0.00%
     Viterra   Finance   BV                    $250,000      3.20%     21/4/2031         252,660       0.00%
     Viterra   Finance   BV                    $250,000      2.00%     21/4/2026         248,615       0.00%
     Cooperatieve     Rabobank   UA                 $250,000      0.38%     12/1/2024         246,910       0.00%
     Royal  Schiphol   Group  NV                 EUR200,000       1.50%     5/11/2030         244,435       0.00%
     Alliander   NV＾                     EUR200,000       1.63%      Perpetual        234,532       0.00%
     PostNL   NV                     EUR200,000       1.00%     21/11/2024         232,791       0.00%
     ING  Groep  NV＾                    EUR200,000       0.88%     29/11/2030         228,017       0.00%
     Vesteda   Finance   BV                  EUR200,000       0.75%     18/10/2031         224,686       0.00%
     ING  Groep  NV                     $200,000      3.95%     29/3/2027         219,242       0.00%
     NXP  BV/NXP   Funding   LLC                 $200,000      4.63%      1/6/2023        209,425       0.00%
     Shell  International    Finance   BV                $200,000      2.88%     26/11/2041         200,728       0.00%
     Nederlandse    Waterschapsbank      NV               $200,000      0.50%     2/12/2025         194,291       0.00%
     NXP  BV/NXP   Funding   LLC                 $150,000      5.55%     1/12/2028         179,585       0.00%
     Koninklijke    KPN  NV                  GBP100,000       5.00%     18/11/2026         153,060       0.00%
     NXP  BV/NXP   Funding   LLC                 $125,000      5.35%      1/3/2026        141,241       0.00%
     Nederlandse    Waterschapsbank      NV              EUR100,000       3.25%      9/3/2027        133,080       0.00%
     Netherlands    Government    Bond               EUR100,000       7.50%     15/1/2023         123,404       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Wolters   Kluwer   NV                   EUR100,000       2.50%     13/5/2024         119,845       0.00%
     Heineken   NV                     EUR100,000       1.50%     7/12/2024         118,188       0.00%
     Enexis  Holding   NV                   EUR100,000       0.88%     28/4/2026         117,118       0.00%
     Koninklijke    Ahold  Delhaize   NV                 $66,000      5.70%     1/10/2040         90,858      0.00%
     ING  Groep  NV                      $70,000      4.63%      6/1/2026         77,836      0.00%
     Heineken   NV                      $45,000      4.00%     1/10/2042         52,443      0.00%
     Shell  International    Finance   BV                 $15,000      6.38%     15/12/2038          21,940      0.00%
                                                 366,952,921        1.57%
     ニュージーランド      0.27%  (2020:  0.24%)
     ASB  Finance   Ltd.                   EUR8,000,000        0.25%     21/5/2031        8,978,109       0.04%
     New  Zealand   Government    Bond              NZ($)8,000,000        0.50%     15/5/2024        5,294,116       0.02%
     New  Zealand   Government    Bond              NZ($)7,200,000        3.00%     20/4/2029        5,162,069       0.02%
     New  Zealand   Government    Bond              NZ($)6,450,000        2.75%     15/4/2037        4,486,628       0.02%
     New  Zealand   Government    Bond              NZ($)7,000,000        0.50%     15/5/2026        4,452,692       0.02%
     New  Zealand   Government    Bond              NZ($)5,000,000        4.50%     15/4/2027        3,809,948       0.02%
     New  Zealand   Government    Bond              NZ($)5,000,000        3.50%     14/4/2033        3,775,723       0.02%
     BNZ  International    Funding   Ltd.              EUR3,100,000        0.50%      3/7/2024        3,584,512       0.02%
     New  Zealand   Government    Bond              NZ($)4,500,000        2.75%     15/4/2025        3,141,494       0.01%
     New  Zealand   Local  Government    Funding   Agency   Bond       NZ($)5,000,000        1.50%     20/4/2029        3,124,221       0.01%
     Auckland   Council                    EUR2,400,000        0.25%     17/11/2031         2,682,509       0.01%
     New  Zealand   Government    Bond              NZ($)3,850,000        1.50%     15/5/2031        2,455,631       0.01%
     New  Zealand   Government    Bond              NZ($)3,400,000        0.25%     15/5/2028        2,050,884       0.01%
     Westpac   Securities   NZ Ltd.                CHF1,500,000        0.38%      5/2/2024        1,669,368       0.01%
     Auckland   Council                    EUR1,000,000        1.00%     19/1/2027        1,192,168       0.01%
     Westpac   Securities   NZ Ltd.                EUR1,000,000        0.30%     25/6/2024        1,146,745       0.01%
     New  Zealand   Government    Bond              NZ($)1,970,000        1.75%     15/5/2041        1,137,073       0.01%
     Auckland   Council                    EUR1,000,000        0.13%     26/9/2029        1,125,210       0.00%
                                130/362


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     New  Zealand   Government    Bond              NZ($)1,200,000        2.75%     15/5/2051         800,675       0.00%
     BNZ  International    Funding   Ltd.               EUR625,000       0.50%     13/5/2023         717,318       0.00%
     ASB  Bank  Ltd.                      $700,000      2.38%     22/10/2031         693,070       0.00%
     Chorus   Ltd.                     EUR500,000       0.88%     5/12/2026         578,842       0.00%
     BNZ  International    Funding   Ltd.                $500,000      3.38%      1/3/2023        514,949       0.00%
     ASB  Bank  Ltd.                      $500,000      1.63%     22/10/2026         496,483       0.00%
     ANZ  New  Zealand   Int'l  Ltd.                  $250,000      2.55%     13/2/2030         257,464       0.00%
     Bank  of New  Zealand                     $250,000      2.00%     21/2/2025         254,171       0.00%
     ANZ  New  Zealand   Int'l  Ltd.                  $200,000      3.45%     17/7/2027         216,546       0.00%
     ANZ  New  Zealand   Int'l  Ltd.                  $130,000      1.90%     13/2/2023         131,650       0.00%
     Housing   New  Zealand   Ltd.                NZ($)100,000        2.25%     5/10/2026         67,082      0.00%
                                                  63,997,350        0.27%
     ノルウェー0.41%     (2020:  0.44%)
     Norway   Government    Bond               NOK(kr)69,705,000          1.25%     17/9/2031        7,588,412       0.03%
     SpareBank    1 Boligkreditt    A.S.               EUR5,500,000        1.00%     30/1/2029        6,628,901       0.03%
     Norway   Government    Bond               NOK(kr)50,000,000          1.38%     19/8/2030        5,523,603       0.02%
     Sparebanken    Vest  Boligkreditt    A.S.             EUR4,000,000        0.01%     24/11/2025         4,560,605       0.02%
     Norway   Government    Bond               NOK(kr)37,000,000          2.00%     26/4/2028        4,278,700       0.02%
     Norway   Government    Bond               NOK(kr)31,229,000          1.75%      6/9/2029        3,557,804       0.02%
     Kommunalbanken      A.S.                 EUR2,750,000        0.05%     24/10/2029         3,086,686       0.01%
     Santander   Consumer    Bank  A.S.              EUR2,500,000        0.75%      1/3/2023        2,874,960       0.01%
     Sparebanken    Vest  Boligkreditt    A.S.             EUR2,300,000        0.13%     15/3/2023        2,635,066       0.01%
     DNB  Bank  A.S.A                    EUR2,300,000        0.05%     14/11/2023         2,627,430       0.01%
     SpareBank    1 SR-Bank   A.S.A                EUR2,000,000        0.25%     9/11/2026        2,261,857       0.01%
     Eika  Boligkreditt    A.S.                  EUR1,900,000        0.50%     28/8/2025        2,206,744       0.01%
     Norway   Government    Bond               NOK(kr)18,000,000          3.00%     14/3/2024        2,111,795       0.01%
     Equinor   A.S.A                      $1,855,000       2.65%     15/1/2024        1,914,393       0.01%
     Equinor   A.S.A                      $1,400,000       7.25%     23/9/2027        1,797,158       0.01%
     SpareBank    1 Boligkreditt    A.S.               EUR1,500,000        0.13%     14/5/2026        1,718,228       0.01%
     SR-Boligkreditt     A.S.                  EUR1,500,000        0.01%     26/6/2027        1,700,511       0.01%
     DNB  Bank  A.S.A＾                    EUR1,500,000        0.25%     23/2/2029        1,666,317       0.01%
     Equinor   A.S.A                     EUR1,000,000        1.63%     9/11/2036        1,216,801       0.01%
     Equinor   A.S.A                      $1,100,000       3.63%     10/9/2028        1,210,849       0.01%
     Statnett   SF                     EUR1,000,000        1.25%     26/4/2030        1,200,727       0.01%
     SR-Boligkreditt     A.S.                  EUR1,000,000        0.75%     17/10/2025         1,172,479       0.01%
     Kommunalbanken      A.S.                 EUR1,000,000        0.63%     20/4/2026        1,169,920       0.01%
     Statnett   SF                     EUR1,000,000        0.88%      8/3/2025        1,164,514       0.01%
     Telenor   A.S.A                     EUR1,000,000        0.75%     31/5/2026        1,162,860       0.01%
     SpareBank    1 Boligkreditt    A.S.               EUR1,000,000        0.13%     5/11/2029        1,130,443       0.01%
     Norway   Government    Bond               NOK(kr)10,000,000          1.50%     19/2/2026        1,130,034       0.01%
     Telenor   A.S.A                     EUR1,000,000        0.25%     14/2/2028        1,125,949       0.01%
     Equinor   A.S.A                      $825,000      5.10%     17/8/2040        1,081,587       0.01%
     Kommunalbanken      A.S.                   $1,000,000       2.00%     19/6/2024        1,026,072       0.01%
     DNB  Bank  A.S..A                     $1,000,000       2.15%     2/12/2022        1,014,582       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Equinor   A.S.A                      $900,000      3.25%     10/11/2024         949,862       0.01%
     DNB  Bank  A.S.A＾                     $950,000      1.13%     16/9/2026         930,314       0.01%
     SpareBank    1 SMN                    EUR800,000       0.75%      3/7/2023        922,527       0.00%
     SpareBank    1 Boligkreditt    A/S               GBP670,000       1.75%     18/12/2023         920,547       0.00%
     Eika  Boligkreditt    A.S.                  EUR800,000       0.38%     20/4/2023         919,666       0.00%
                                131/362


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     Norway   Government    Bond               NOK(kr)8,000,000         2.00%     24/5/2023         918,219       0.00%
     Sparebanken    Vest  Boligkreditt    A.S.              EUR800,000       0.01%     28/6/2027         907,535       0.00%
     Kommunalbanken      A.S.                   $850,000      2.50%     11/1/2023         866,998       0.00%
     Sparebanken    Soer  Boligkreditt    A.S.              EUR700,000       0.38%     20/2/2023         803,709       0.00%
     Kommunalbanken      A.S.                 AU($)1,000,000         4.25%     16/7/2025         795,284       0.00%
     Santander   Consumer    Bank  A.S.               EUR700,000       0.13%     25/2/2025         794,062       0.00%
     Kommunalbanken      A.S.                   $800,000      0.25%     8/12/2023         791,270       0.00%
     Norway   Government    Bond               NOK(kr)6,000,000         1.75%     17/2/2027         683,998       0.00%
     Kommunalbanken      A.S.                   $630,000      2.75%      5/2/2024        654,873       0.00%
     Equinor   A.S.A                      $550,000      3.70%      6/4/2050        631,214       0.00%
     Equinor   A.S.A                      $596,000      1.75%     22/1/2026         600,960       0.00%
     Telenor   A.S.A                     EUR500,000       1.13%     31/5/2029         593,474       0.00%
     Kommunalbanken      A.S.                   $600,000      0.50%     13/1/2026         582,237       0.00%
     Aker  BP A.S.A                      $550,000      3.00%     15/1/2025         571,170       0.00%
     Aker  BP A.S.A                      $500,000      2.88%     15/1/2026         518,591       0.00%
     Yara  International    A.S.A                   $500,000      3.15%      4/6/2030        517,182       0.00%
     SR-Boligkreditt     A.S.                   EUR450,000       0.01%     8/10/2026         511,581       0.00%
     Telenor   A.S.A                     EUR450,000       0.88%     14/2/2035         507,770       0.00%
     DNB  Bank  A.S.A＾                     $500,000      0.86%     30/9/2025         493,129       0.00%
     DNB  Bank  A.S.A＾                     $500,000      1.61%     30/3/2028         488,680       0.00%
     Kommunalbanken      A.S.                   $500,000      1.13%     14/6/2030         481,475       0.00%
     Sparebank    1 Oestlandet                    EUR400,000       0.88%     13/3/2023         460,478       0.00%
     Yara  International    A.S.A                   $400,000      4.75%      1/6/2028        451,704       0.00%
     Equinor   A.S.A                      $400,000      3.25%     18/11/2049         425,214       0.00%
     Aker  BP A.S.A                      $400,000      3.75%     15/1/2030         423,645       0.00%
     Equinor   A.S.A                      $348,000      3.95%     15/5/2043         405,810       0.00%
     Equinor   A.S.A                     GBP200,000       6.88%     11/3/2031         388,883       0.00%
     Santander   Consumer    Bank  A.S.               EUR300,000       0.13%     11/9/2024         341,437       0.00%
     Equinor   A.S.A                      $300,000      3.13%      6/4/2030        322,306       0.00%
     DNB  Boligkreditt    A.S.                   $300,000      2.50%     28/3/2022         301,515       0.00%
     Kommunalbanken      A.S.                   $300,000      0.50%     21/10/2024         295,794       0.00%
     Equinor   A.S.A                     EUR200,000       2.88%     10/9/2025         251,173       0.00%
     Kommunalbanken      A.S.                   $200,000      2.13%     11/2/2025         206,304       0.00%
     Equinor   A.S.A                     GBP100,000       4.25%     10/4/2041         182,905       0.00%
     Equinor   A.S.A                      $135,000      2.45%     17/1/2023         137,371       0.00%
     Statkraft   A.S.                     EUR100,000       1.50%     26/3/2030         122,308       0.00%
     Equinor   A.S.A                      $100,000      3.70%      1/3/2024        105,679       0.00%
     Equinor   A.S.A                       $50,000      4.80%     8/11/2043         64,809      0.00%
                                                  96,789,649        0.41%
     パナマ   0.06%  (2020:  0.06%)
     Panama   Government    International    Bond             $3,228,000       3.75%     16/3/2025        3,420,485       0.02%
     Panama   Government    International    Bond             $2,500,000       3.87%     23/7/2060        2,500,327       0.01%
     Panama   Government    International    Bond             $1,400,000       4.50%      1/4/2056        1,542,065       0.01%
     Panama   Government    International    Bond             $1,000,000       4.30%     29/4/2053        1,076,183       0.01%
     AES  Panama   Generation    Holdings   SRL              $900,000      4.38%     31/5/2030         936,648       0.01%
     Panama   Government    International    Bond              $729,000      4.50%     16/4/2050         803,556       0.00%
     Banco  Latinoamericano      de Comercio   Exterior   SA          $800,000      2.38%     14/9/2025         799,919       0.00%
     Panama   Government    International    Bond              $500,000      9.38%      1/4/2029        716,616       0.00%
     Panama   Government    International    Bond              $650,000      4.00%     22/9/2024         690,643       0.00%
     Panama   Government    International    Bond              $400,000      3.16%     23/1/2030         415,001       0.00%
     Panama   Government    International    Bond              $300,000      6.70%     26/1/2036         401,726       0.00%
     Panama   Government    International    Bond              $245,000      8.88%     30/9/2027         329,549       0.00%
                                132/362

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     Empresa   de Transmision    Electrica   SA              $200,000      5.13%      2/5/2049        220,987       0.00%
     Panama   Government    International    Bond              $110,000      3.88%     17/3/2028         118,808       0.00%
                                                  13,972,513        0.06%
     ペルー0.14%    (2020:  0.13%)
     Peru  Government    Bond                 PEN15,300,000        6.35%     12/8/2028        4,036,192       0.02%
     Peruvian   Government    International    Bond             $2,900,000       2.78%     23/1/2031        2,887,418       0.01%
     Peruvian   Government    International    Bond             $1,800,000       3.00%     15/1/2034        1,795,648       0.01%
     Peruvian   Government    International    Bond            EUR1,430,000        1.95%     17/11/2036         1,598,878       0.01%
     Peruvian   Government    International    Bond             $1,100,000       5.63%     18/11/2050         1,546,642       0.01%
     Peru  Government    Bond                 PEN6,000,000        5.94%     12/2/2029        1,541,348       0.01%
     Kallpa  Generacion    SA                  $1,300,000       4.13%     16/8/2027        1,348,401       0.01%
     Peru  Government    Bond                 PEN5,000,000        6.95%     12/8/2031        1,346,812       0.01%
     Peruvian   Government    International    Bond             $1,500,000       3.23%     28/7/2121        1,293,110       0.01%
     Peru  Government    Bond                 PEN5,125,000        6.15%     12/8/2032        1,291,940       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Peru  Government    Bond                 PEN4,500,000        8.20%     12/8/2026        1,288,627       0.01%
     Peru  Government    Bond                 PEN4,900,000        6.90%     12/8/2037        1,250,569       0.01%
     Peruvian   Government    International    Bond            EUR1,110,000        1.25%     11/3/2033        1,205,992       0.01%
     Petroleos   del Peru  SA                  $1,000,000       5.63%     19/6/2047         997,255       0.00%
     Peru  Government    Bond                 PEN4,200,000        5.40%     12/8/2034         961,087       0.00%
     Corp.  Financiera    de Desarrollo    SA               $800,000      2.40%     28/9/2027         777,877       0.00%
     Peru  Government    Bond                 PEN3,500,000        5.35%     12/8/2040         750,749       0.00%
     Corp.  Financiera    de Desarrollo    SA               $600,000      4.75%     15/7/2025         653,590       0.00%
     Peru  Government    Bond                 PEN2,500,000        5.70%     12/8/2024         648,267       0.00%
     Peruvian   Government    International    Bond             $363,000      8.75%     21/11/2033         564,576       0.00%
     Peruvian   Government    International    Bond             $500,000      3.30%     11/3/2041         501,421       0.00%
     Banco  de Credito   del Peru＾                  $500,000      3.13%      1/7/2030        494,359       0.00%
     Banco  de Credito   del Peru                  $475,000      4.25%      1/4/2023        491,010       0.00%
     Banco  de Credito   del Peru＾                  $400,000      3.25%     30/9/2031         396,273       0.00%
     Peruvian   Government    International    Bond            EUR300,000       2.75%     30/1/2026         375,877       0.00%
     Peru  Government    Bond                 PEN1,500,000        6.85%     12/2/2042         374,249       0.00%
     Peruvian   Government    International    Bond             $350,000      3.60%     15/1/2072         342,019       0.00%
     Peruvian   Government    International    Bond             $300,000      3.55%     10/3/2051         312,414       0.00%
     Peruvian   Government    International    Bond             $250,000      4.13%     25/8/2027         274,602       0.00%
     Petroleos   del Peru  SA                   $200,000      4.75%     19/6/2032         207,775       0.00%
     Banco  de Credito   del Peru                  $200,000      2.70%     11/1/2025         203,792       0.00%
     Peruvian   Government    International    Bond             $200,000      2.84%     20/6/2030         203,031       0.00%
     Peruvian   Government    International    Bond             $200,000      2.39%     23/1/2026         203,013       0.00%
     Peru  Government    Bond                  PEN800,000       6.71%     12/2/2055         195,394       0.00%
     Peruvian   Government    International    Bond             $100,000      6.55%     14/3/2037         136,273       0.00%
     Lima  Metro  Line  2 Finance   Ltd.                $112,575      5.88%      5/7/2034        128,654       0.00%
     Consorcio    Transmantaro     SA                 $100,000      4.38%      7/5/2023        103,408       0.00%
     Peru  Government    Bond                  PEN400,000       5.20%     12/9/2023         102,718       0.00%
                                                  32,831,260        0.14%
     フィリピン   0.10%  (2020:  0.08%)
     Philippine   Government    International    Bond            $1,825,000       7.75%     14/1/2031        2,656,999       0.01%
     Bank  of the Philippine   Islands                 $2,000,000       4.25%      4/9/2023        2,097,305       0.01%
     Philippine   Government    International    Bond            $1,400,000       3.70%      1/3/2041        1,530,846       0.01%
     Philippine   Government    International    Bond             $950,000      9.50%     21/10/2024         1,167,616       0.01%
     Philippine   Government    International    Bond             $970,000      5.50%     30/3/2026        1,130,711       0.01%
                                133/362

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     Philippine   Government    International    Bond            $1,000,000       4.20%     21/1/2024        1,065,142       0.01%
     Philippine   Government    International    Bond            $1,000,000       3.20%      6/7/2046        1,019,459       0.01%
     Philippine   National   Bank                  $1,000,000       3.28%     27/9/2024        1,019,422       0.01%
     Philippine   Government    International    Bond            EUR880,000       0.88%     17/5/2027        1,014,414       0.01%
     Philippine   Government    International    Bond             $700,000      6.38%     23/10/2034         973,721       0.01%
     Philippine   Government    International    Bond            EUR850,000       1.20%     28/4/2033         960,322       0.00%
     Philippine   Government    International    Bond             $950,000      2.95%      5/5/2045        938,769       0.00%
     Philippine   Government    International    Bond             $700,000      6.38%     15/1/2032         936,895       0.00%
     Philippine   Government    International    Bond             $750,000      5.00%     13/1/2037         933,020       0.00%
     Philippine   Government    International    Bond             $600,000      9.50%      2/2/2030        932,392       0.00%
     Philippine   Government    International    Bond            EUR600,000       0.70%      3/2/2029        676,090       0.00%
     Philippine   Government    International    Bond            EUR555,000       0.25%     28/4/2025         628,432       0.00%
     Philippine   Government    International    Bond             $500,000      3.95%     20/1/2040         559,799       0.00%
     Philippine   Government    International    Bond             $500,000      3.70%      2/2/2042        546,786       0.00%
     BDO  Unibank,   Inc.                    $500,000      2.95%      6/3/2023        509,963       0.00%
     Power  Sector  Assets  & Liabilities   Management    Corp.          $400,000      7.39%     2/12/2024         469,849       0.00%
     Philippine   Government    International    Bond             $400,000      3.00%      1/2/2028        428,960       0.00%
     PLDT,  Inc.                       $200,000      3.45%     23/6/2050         201,048       0.00%
     Philippine   Government    International    Bond             $200,000      1.95%      6/1/2032        196,549       0.00%
     Philippine   Government    International    Bond             $100,000      10.63%      16/3/2025         130,235       0.00%
                                                  22,724,744        0.10%
     ポーランド    0.20%  (2020:  0.30%)
     Republic   of Poland  Government    Bond            PLZ27,750,000        2.75%     25/10/2029         6,418,612       0.03%
     Republic   of Poland  Government    Bond            PLZ18,500,000        2.50%     25/7/2027        4,260,656       0.02%
     Republic   of Poland  Government    International    Bond        EUR3,008,000        0.00%      7/7/2023        3,431,655       0.01%
     Republic   of Poland  Government    Bond            PLZ14,000,000        3.25%     25/7/2025        3,409,806       0.01%
     Republic   of Poland  Government    Bond            PLZ15,905,000        0.25%     25/10/2026         3,316,819       0.01%
     Republic   of Poland  Government    Bond            PLZ13,000,000        2.25%     25/10/2024         3,111,643       0.01%
     Republic   of Poland  Government    International    Bond        EUR2,300,000        0.00%     10/2/2025        2,614,296       0.01%
     Republic   of Poland  Government    Bond            PLZ11,000,000        2.75%     25/4/2028        2,571,948       0.01%
     Republic   of Poland  Government    International    Bond        EUR2,100,000        1.00%      7/3/2029        2,525,026       0.01%
     Republic   of Poland  Government    International    Bond        EUR2,000,000        1.13%      7/8/2026        2,384,989       0.01%
     Bank  Gospodarstwa     Krajowego                 EUR2,000,000        0.50%      8/7/2031        2,197,183       0.01%
     Republic   of Poland  Government    Bond             PLZ7,600,000        1.25%     25/10/2030         1,551,208       0.01%
     Republic   of Poland  Government    Bond             PLZ5,500,000        4.00%     25/10/2023         1,379,345       0.01%
     Republic   of Poland  Government    International    Bond        EUR1,000,000        2.38%     18/1/2036        1,355,380       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Republic   of Poland  Government    Bond             PLZ5,000,000        2.50%     25/1/2023        1,228,948       0.01%
     Republic   of Poland  Government    Bond             PLZ5,027,000        2.50%     25/7/2026        1,174,002       0.01%
     Republic   of Poland  Government    Bond             PLZ4,700,000        4.00%     25/4/2047        1,157,218       0.01%
     Republic   of Poland  Government    Bond             PLZ3,500,000        2.50%     25/4/2024         848,504       0.00%
     Republic   of Poland  Government    International    Bond         EUR500,000       4.50%     18/1/2022         569,637       0.00%
     Republic   of Poland  Government    International    Bond          $400,000      3.25%      6/4/2026        429,057       0.00%
     Republic   of Poland  Government    International    Bond         EUR300,000       2.00%      8/3/2049        409,235       0.00%
     Republic   of Poland  Government    International    Bond         EUR300,000       3.00%     15/1/2024         364,010       0.00%
     ORLEN   Capital   AB                   EUR300,000       2.50%      7/6/2023        352,533       0.00%
     Republic   of Poland  Government    International    Bond          $100,000      3.00%     17/3/2023         102,734       0.00%
                                                  47,164,444        0.20%
     ポルトガル    0.30%  (2020:  0.40%)
     Portugal   Obrigacoes    do Tesouro   OT            EUR9,470,000        1.95%     15/6/2029        12,206,463        0.05%
                                134/362

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     Portugal   Obrigacoes    do Tesouro   OT            EUR7,000,000        5.65%     15/2/2024        9,020,286       0.04%
     Portugal   Obrigacoes    do Tesouro   OT            EUR7,791,000        0.90%     12/10/2035         9,016,791       0.04%
     Portugal   Obrigacoes    do Tesouro   OT            EUR6,000,000        2.25%     18/4/2034        8,108,002       0.03%
     Portugal   Obrigacoes    do Tesouro   OT            EUR6,310,000        0.70%     15/10/2027         7,482,843       0.03%
     Portugal   Obrigacoes    do Tesouro   OT            EUR3,400,000        4.10%     15/2/2045        6,260,845       0.03%
     Portugal   Obrigacoes    do Tesouro   OT            EUR2,765,000        2.88%     21/7/2026        3,594,860       0.02%
     EDP  Finance   BV                   EUR1,500,000        2.00%     22/4/2025        1,815,293       0.01%
     Banco  Santander    Totta  SA               EUR1,500,000        0.88%     25/4/2024        1,748,191       0.01%
     EDP  Finance   BV                    $1,650,000       3.63%     15/7/2024        1,734,135       0.01%
     Portugal   Government    International    Bond             $1,435,000       5.13%     15/10/2024         1,592,577       0.01%
     EDP  Finance   BV                   GBP800,000       8.63%      4/1/2024        1,237,846       0.01%
     EDP  Finance   BV                   EUR1,000,000        1.63%     26/1/2026        1,203,657       0.01%
     EDP  Finance   BV                    $1,000,000       1.71%     24/1/2028         973,307       0.00%
     EDP  Finance   BV                   EUR800,000       1.88%     13/10/2025         968,993       0.00%
     Portugal   Obrigacoes    do Tesouro   OT             EUR613,000       4.13%     14/4/2027         855,234       0.00%
     Portugal   Obrigacoes    do Tesouro   OT             EUR520,000       4.95%     25/10/2023         651,948       0.00%
     Banco  Santander    Totta  SA                EUR500,000       1.25%     26/9/2027         607,954       0.00%
     EDP-Energias     de Portugal   SA               EUR400,000       1.63%     15/4/2027         482,861       0.00%
     EDP  Finance   BV                   EUR300,000       0.38%     16/9/2026         341,971       0.00%
     Brisa  Concessao    Rodoviaria    SA               EUR200,000       2.38%     10/5/2027         250,333       0.00%
     Brisa  Concessao    Rodoviaria    SA               EUR100,000       1.88%     30/4/2025         119,338       0.00%
     EDP  Finance   BV                   EUR100,000       1.88%     29/9/2023         117,881       0.00%
     Galp  Gas  Natural   Distribuicao    SA              EUR100,000       1.38%     19/9/2023         116,200       0.00%
                                                  70,507,809        0.30%
     カタール   0.15%  (2020:  0.13%)
     Qatar  Government    International    Bond              $3,500,000       4.82%     14/3/2049        4,595,209       0.02%
     Qatar  Government    International    Bond              $2,650,000       4.00%     14/3/2029        2,987,467       0.01%
     Qatar  Government    International    Bond              $1,700,000       5.10%     23/4/2048        2,298,127       0.01%
     Qatar  Government    International    Bond              $1,800,000       4.40%     16/4/2050        2,243,607       0.01%
     Ras Laffan  Liquefied   Natural   Gas Co.,  Ltd.  3          $1,531,724       5.84%     30/9/2027        1,730,009       0.01%
     Qatar  Energy                      $1,600,000       3.30%     12/7/2051        1,653,031       0.01%
     Qatar  Energy                      $1,600,000       3.13%     12/7/2041        1,618,047       0.01%
     Qatar  Government    International    Bond              $1,150,000       5.75%     20/1/2042        1,612,076       0.01%
     Qatar  Government    International    Bond              $1,300,000       4.50%     23/4/2028        1,492,125       0.01%
     Qatar  Energy                      $1,400,000       2.25%     12/7/2031        1,387,039       0.01%
     Qatar  Government    International    Bond              $1,225,000       3.75%     16/4/2030        1,374,980       0.01%
     Qatar  Government    International    Bond              $1,300,000       3.88%     23/4/2023        1,351,972       0.01%
     Qatar  Government    International    Bond              $900,000      6.40%     20/1/2040        1,328,491       0.01%
     Qatar  Government    International    Bond              $1,075,000       3.25%      2/6/2026        1,144,729       0.01%
     QIIB  Senior  Sukuk  Ltd.                  $1,000,000       4.26%      5/3/2024        1,060,326       0.00%
     QIB  Sukuk  Ltd.                     $1,000,000       3.98%     26/3/2024        1,057,843       0.00%
     SoQ  Sukuk  A QSC                    $800,000      3.24%     18/1/2023         822,078       0.00%
     Nakilat,   Inc.                      $663,264      6.07%     31/12/2033         809,644       0.00%
     Qatar  Government    International    Bond              $600,000      3.40%     16/4/2025         636,741       0.00%
     Qatar  Government    International    Bond              $600,000      3.38%     14/3/2024         628,516       0.00%
     Qatar  Energy                       $600,000      1.38%     12/9/2026         588,109       0.00%
     Ras Laffan  Liquefied   Natural   Gas Co.,  Ltd.  3           $500,000      6.33%     30/9/2027         565,000       0.00%
     Ooredoo   International    Finance   Ltd.               $500,000      3.75%     22/6/2026         542,615       0.00%
     Ooredoo   International    Finance   Ltd.               $400,000      2.63%      8/4/2031        401,825       0.00%
     Qatar  Government    International    Bond              $250,000      4.63%      2/6/2046        316,472       0.00%
     Qatar  Government    International    Bond              $200,000      9.75%     15/6/2030         313,863       0.00%
     Ooredoo   International    Finance   Ltd.               $200,000      3.88%     31/1/2028         220,678       0.00%
                                135/362

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     ABQ  Finance   Ltd.                    $200,000      1.88%      8/9/2025        198,391       0.00%
                                                  34,979,010        0.15%
     ルーマニア    0.07%  (2020:  0.09%)
     Romanian   Government    International    Bond            $1,190,000       5.13%     15/6/2048        1,406,540       0.01%
     Romanian   Government    International    Bond           EUR1,000,000        3.88%     29/10/2035         1,231,787       0.01%
     Romanian   Government    International    Bond           EUR1,000,000        4.13%     11/3/2039        1,216,709       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Romanian   Government    International    Bond           EUR1,000,000        2.00%     8/12/2026        1,193,415       0.01%
     Romanian   Government    International    Bond           EUR1,070,000        1.75%     13/7/2030        1,135,708       0.01%
     Romanian   Government    International    Bond           EUR1,000,000        2.75%     14/4/2041        1,015,707       0.01%
     Romanian   Government    International    Bond            EUR750,000       2.88%     26/5/2028         919,389       0.01%
     Romanian   Government    International    Bond            EUR800,000       2.00%     14/4/2033         828,963       0.00%
     Romanian   Government    International    Bond            EUR720,000       2.88%     13/4/2042         732,790       0.00%
     Romanian   Government    International    Bond            EUR585,000       2.75%     29/10/2025         717,495       0.00%
     Romanian   Government    International    Bond            EUR470,000       4.63%      3/4/2049        603,620       0.00%
     Romanian   Government    International    Bond            EUR500,000       2.38%     19/4/2027         602,244       0.00%
     NE Property   BV                    EUR500,000       1.88%     9/10/2026         581,934       0.00%
     Romanian   Government    International    Bond            EUR470,000       3.62%     26/5/2030         579,580       0.00%
     Romanian   Government    International    Bond            EUR500,000       2.50%      8/2/2030        573,427       0.00%
     Romanian   Government    International    Bond             $396,000      6.13%     22/1/2044         520,050       0.00%
     Romanian   Government    International    Bond             $500,000      3.00%     14/2/2031         506,919       0.00%
     Romanian   Government    International    Bond            EUR445,000       2.12%     16/7/2031         481,899       0.00%
     Romanian   Government    International    Bond            EUR440,000       2.00%     28/1/2032         464,304       0.00%
     Romanian   Government    International    Bond            EUR400,000       3.38%     28/1/2050         429,253       0.00%
     Romanian   Government    International    Bond             $400,000      4.38%     22/8/2023         420,187       0.00%
     Romanian   Government    International    Bond             $200,000      4.00%     14/2/2051         200,550       0.00%
     Romanian   Government    International    Bond             $150,000      6.75%      7/2/2022        150,827       0.00%
                                                  16,513,297        0.07%
     ロシア連邦    0.40%  (2020:  0.41%)
     Russian   Federal   Bond  -OFZ               py1,000,000,000         7.75%     16/9/2026        13,037,135        0.06%
     Russian   Federal   Bond  -OFZ               py600,000,000        6.50%     28/2/2024        7,730,275       0.03%
     Russian   Federal   Bond  -OFZ               py500,000,000        7.25%     10/5/2034        6,156,590       0.03%
     Russian   Federal   Bond  -OFZ               py450,000,000        6.00%     6/10/2027        5,376,750       0.02%
     Russian   Foreign   Bond  -Eurobond                $2,800,000       5.25%     23/6/2047        3,548,178       0.02%
     Russian   Federal   Bond  -OFZ               py300,000,000        5.90%     12/3/2031        3,398,340       0.01%
     Russian   Foreign   Bond  -Eurobond                $3,200,000       4.88%     16/9/2023        3,369,414       0.01%
     Russian   Foreign   Bond  -Eurobond               EUR2,700,000        2.88%     4/12/2025        3,296,708       0.01%
     Russian   Federal   Bond  -OFZ               py249,000,000        7.40%     17/7/2024        3,255,835       0.01%
     Russian   Foreign   Bond  -Eurobond                $3,000,000       4.25%     23/6/2027        3,244,061       0.01%
     Russian   Federal   Bond  -OFZ               py245,000,000        7.65%     10/4/2030        3,149,042       0.01%
     Russian   Foreign   Bond  -Eurobond                $2,400,000       4.38%     21/3/2029        2,643,012       0.01%
     Russian   Federal   Bond  -OFZ               py205,000,000        7.70%     23/3/2033        2,627,339       0.01%
     Russian   Foreign   Bond  -Eurobond                $2,400,000       4.75%     27/5/2026        2,622,722       0.01%
     Russian   Foreign   Bond  -Eurobond                $2,000,000       5.10%     28/3/2035        2,361,923       0.01%
     Russian   Federal   Bond  -OFZ               py150,000,000        7.95%     7/10/2026        1,988,174       0.01%
     Russian   Federal   Bond  -OFZ               py135,000,000        7.05%     19/1/2028        1,693,904       0.01%
     Russian   Foreign   Bond  -Eurobond                $1,200,000       5.63%      4/4/2042        1,567,645       0.01%
     Russian   Federal   Bond  -OFZ               py110,000,000        7.00%     16/8/2023        1,440,614       0.01%
     Gazprom   PJSC  Via Gaz  Capital   SA             GBP1,000,000        4.25%      6/4/2024        1,406,553       0.01%
     MMC  Norilsk   Nickel  OJSC  Via MMC  Finance   DAC         $1,400,000       2.55%     11/9/2025        1,376,868       0.01%
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     Gazprom   PJSC  Via Gaz  Capital   SA              $950,000      8.63%     28/4/2034        1,343,564       0.01%
     Russian   Federal   Bond  -OFZ                py95,000,000        8.15%      3/2/2027        1,260,303       0.01%
     Russian   Federal   Bond  -OFZ               py100,000,000        6.90%     23/5/2029        1,233,951       0.01%
     Gazprom   PJSC  Via Gaz  Finance   plc            EUR1,000,000        2.95%     15/4/2025        1,196,965       0.01%
     Gazprom   PJSC  Via Gaz  Capital   SA             EUR1,000,000        3.13%     17/11/2023         1,187,048       0.01%
     Russian   Railways   Via RZD  Capital   plc            EUR1,000,000        2.20%     23/5/2027        1,182,175       0.01%
     Gazprom   PJSC  Via Gaz  Capital   SA              $850,000      7.29%     16/8/2037        1,132,939       0.01%
     Russian   Federal   Bond  -OFZ               py100,000,000        6.10%     18/7/2035        1,102,113       0.01%
     Gazprom   PJSC  Via Gaz  Capital   SA              $1,000,000       4.95%      6/2/2028        1,083,666       0.00%
     Gazprom   PJSC  Via Gaz  Capital   SA              $1,000,000       5.15%     11/2/2026        1,071,986       0.00%
     Lukoil  International    Finance   BV               $1,000,000       4.56%     24/4/2023        1,033,502       0.00%
     MMC  Norilsk   Nickel  OJSC  Via MMC  Finance   DAC          $800,000      6.63%     14/10/2022         830,871       0.00%
     Novolipetsk    Steel  Via Steel  Funding   DAC             $600,000      4.70%     30/5/2026         644,714       0.00%
     Gazprom   Neft  OAO  Via GPN  Capital   SA             $600,000      6.00%     27/11/2023         642,038       0.00%
     Vnesheconombank      Via VEB  Finance   plc             $500,000      6.80%     22/11/2025         571,101       0.00%
     Lukoil  Securities   BV                   $500,000      3.88%      6/5/2030        510,769       0.00%
     Lukoil  International    Finance   BV                $400,000      4.75%     2/11/2026         427,795       0.00%
     Sibur  Securities   DAC                    $400,000      2.95%      8/7/2025        402,182       0.00%
     Russian   Foreign   Bond  -Eurobond                 $250,000      12.75%      24/6/2028         395,176       0.00%
     Lukoil  Capital   DAC                    $400,000      2.80%     26/4/2027         394,128       0.00%
     Lukoil  Capital   DAC                    $400,000      3.60%     26/10/2031         390,568       0.00%
     ALROSA   Finance   SA                   $300,000      3.10%     25/6/2027         302,165       0.00%
     Russian   Foreign   Bond  -Eurobond                 $200,000      5.88%     16/9/2043         272,758       0.00%
     Russian   Foreign   Bond  -Eurobond                 $175,500      7.50%     31/3/2030         198,924       0.00%
                                                  94,102,483        0.40%
     サウジアラビア     0.26%  (2020:  0.22%)
     Saudi  Government    International    Bond             EUR4,280,000        0.00%      3/3/2024        4,855,760       0.02%
     Saudi  Government    International    Bond              $3,450,000       3.63%      4/3/2028        3,756,016       0.02%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Saudi  Arabian   Oil Co.                  $3,000,000       3.50%     16/4/2029        3,206,603       0.01%
     Saudi  Government    International    Bond              $2,550,000       4.63%     4/10/2047        3,059,785       0.01%
     Saudi  Government    International    Bond              $2,100,000       5.25%     16/1/2050        2,769,980       0.01%
     Saudi  Government    International    Bond              $2,750,000       2.25%      2/2/2033        2,685,364       0.01%
     Saudi  Government    International    Bond              $2,250,000       4.38%     16/4/2029        2,583,041       0.01%
     Saudi  Government    International    Bond             EUR2,000,000        0.63%      3/3/2030        2,250,271       0.01%
     Saudi  Government    International    Bond              $1,800,000       4.50%     26/10/2046         2,115,196       0.01%
     Saudi  Government    International    Bond              $2,000,000       2.88%      4/3/2023        2,046,855       0.01%
     Saudi  Government    International    Bond              $1,600,000       5.00%     17/4/2049        2,030,400       0.01%
     Saudi  Government    International    Bond              $1,950,000       3.45%      2/2/2061        1,974,593       0.01%
     SA Global  Sukuk  Ltd.                   $1,800,000       2.69%     17/6/2031        1,810,377       0.01%
     Saudi  Government    International    Bond              $1,400,000       4.50%     22/4/2060        1,726,575       0.01%
     KSA  Sukuk  Ltd.                    $1,500,000       4.30%     19/1/2029        1,708,739       0.01%
     Saudi  Government    International    Bond              $1,450,000       4.50%     17/4/2030        1,690,555       0.01%
     Saudi  Government    International    Bond              $1,450,000       2.90%     22/10/2025         1,522,231       0.01%
     Saudi  Arabian   Oil Co.                  $1,250,000       4.38%     16/4/2049        1,452,475       0.01%
     Saudi  Arabian   Oil Co.                  $1,250,000       4.25%     16/4/2039        1,413,052       0.01%
     Saudi  Government    International    Bond              $1,350,000       2.75%      3/2/2032        1,389,872       0.01%
     KSA  Sukuk  Ltd.                    $1,300,000       2.89%     20/4/2022        1,309,895       0.01%
     Saudi  Electricity    Global  Sukuk  Co. 4             $1,000,000       4.72%     27/9/2028        1,152,485       0.01%
     Saudi  Electricity    Global  Sukuk  Co. 3             $1,020,000       4.00%      8/4/2024        1,080,145       0.01%
                                137/362


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     Saudi  Government    International    Bond              $1,000,000       4.00%     17/4/2025        1,077,311       0.01%
     SABIC  Capital   II BV                   $1,000,000       4.00%     10/10/2023         1,049,936       0.00%
     Saudi  Arabian   Oil Co.                  $1,000,000       3.25%     24/11/2050         976,726       0.00%
     Saudi  Arabian   Oil Co.                  $1,000,000       3.50%     24/11/2070         976,104       0.00%
     Riyad  Sukuk  Ltd.＾                     $625,000      3.17%     25/2/2030         638,269       0.00%
     Saudi  Electricity    Global  Sukuk  Co. 4             $600,000      4.22%     27/1/2024         635,022       0.00%
     Saudi  Government    International    Bond             EUR520,000       2.00%      9/7/2039        624,137       0.00%
     SA Global  Sukuk  Ltd.                   $600,000      0.95%     17/6/2024         591,000       0.00%
     Saudi  Government    International    Bond              $500,000      3.25%     22/10/2030         537,560       0.00%
     Saudi  Electricity    Global  Sukuk  Co. 2             $425,000      5.06%      8/4/2043        521,960       0.00%
     Saudi  Electricity    Global  Sukuk  Co. 3             $380,000      5.50%      8/4/2044        492,660       0.00%
     Motiva  Enterprises    LLC                   $400,000      6.85%     15/1/2040         491,354       0.00%
     Samba  Funding   Ltd.                    $400,000      2.75%     2/10/2024         410,951       0.00%
     Acwa  Power  Management    & Investments    One  Ltd.          $299,430      5.95%     15/12/2039         355,310       0.00%
     Saudi  Telecom   Co.                    $300,000      3.89%     13/5/2029         330,116       0.00%
     KSA  Sukuk  Ltd.                     $300,000      3.63%     20/4/2027         324,958       0.00%
     Saudi  Government    International    Bond              $300,000      3.75%     21/1/2055         322,256       0.00%
     Arab  National   Bank＾                    $300,000      3.33%     28/10/2030         306,223       0.00%
     SA Global  Sukuk  Ltd.                   $250,000      1.60%     17/6/2026         246,263       0.00%
     SABIC  Capital   II BV                   $200,000      4.50%     10/10/2028         225,630       0.00%
     Saudi  Arabian   Oil Co.                   $200,000      2.88%     16/4/2024         206,507       0.00%
     SABIC  Capital   IBV                    $200,000      3.00%     14/9/2050         188,441       0.00%
                                                  61,118,959        0.26%
     シンガポール     0.29%  (2020:  0.28%)
     Singapore   Government    Bond               SG($)7,500,000        0.50%     1/11/2025        5,416,136       0.02%
     Singapore   Government    Bond               SG($)6,400,000        2.63%      1/5/2028        5,063,843       0.02%
     Singapore   Government    Bond               SG($)6,000,000        2.00%      1/2/2024        4,550,772       0.02%
     Singapore   Government    Bond               SG($)5,000,000        1.75%      1/2/2023        3,754,386       0.02%
     Singapore   Government    Bond               SG($)4,300,000        2.88%      1/9/2030        3,486,662       0.02%
     Singapore   Government    Bond               SG($)4,170,000        2.25%      1/8/2036        3,217,106       0.02%
     Singapore   Government    Bond               SG($)3,350,000        2.75%      1/4/2042        2,761,360       0.01%
     Singapore   Government    Bond               SG($)3,200,000        3.50%      1/3/2027        2,614,601       0.01%
     Temasek   Financial   ILtd.                  $2,750,000       2.25%      6/4/2051        2,582,260       0.01%
     Singapore   Government    Bond               SG($)3,200,000        2.88%      1/7/2029        2,576,281       0.01%
     Singapore   Government    Bond               SG($)3,000,000        3.38%      1/9/2033        2,571,217       0.01%
     Singapore   Government    Bond               SG($)3,000,000        2.75%      1/3/2046        2,494,031       0.01%
     Housing   & Development     Board               SG($)3,000,000        3.10%     24/7/2024        2,329,116       0.01%
     Oversea-Chinese      Banking   Corp.,  Ltd.            EUR2,000,000        0.63%     18/4/2025        2,326,136       0.01%
     Singapore   Government    Bond               SG($)2,750,000        2.38%      1/7/2039        2,151,614       0.01%
     Singapore   Government    Bond               SG($)2,700,000        3.00%      1/9/2024        2,107,818       0.01%
     Singapore   Government    Bond               SG($)2,500,000        2.13%      1/6/2026        1,920,831       0.01%
     Singapore   Government    Bond               SG($)2,500,000        1.88%      1/3/2050        1,763,354       0.01%
     United  Overseas   Bank  Ltd.                EUR1,500,000        0.25%     11/9/2023        1,722,352       0.01%
     Housing   & Development     Board               SG($)2,000,000        2.55%      4/7/2031        1,572,584       0.01%
     Housing   & Development     Board               SG($)1,750,000        2.04%     16/9/2026        1,319,898       0.01%
     DBS  Group  Holdings   Ltd.                 $1,200,000       1.19%     15/3/2027        1,174,727       0.01%
     Temasek   Financial   ILtd.                EUR1,000,000        0.50%     20/11/2031         1,137,027       0.01%
     Singapore   Government    Bond               SG($)1,000,000        2.75%      1/7/2023        764,232       0.00%
     Singapore   Government    Bond               SG($)1,000,000        1.25%     1/11/2026         738,087       0.00%
     GLP  Pte Ltd.                      $700,000      3.88%      4/6/2025        728,912       0.00%
                                138/362


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                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     Temasek   Financial   ILtd.                  $750,000      1.00%     6/10/2030         699,358       0.00%
     DBS  Group  Holdings   Ltd.＾                SG($)750,000        3.98%      Perpetual        582,307       0.00%
     Housing   & Development     Board               SG($)500,000        2.32%     18/9/2034         383,705       0.00%
     Temasek   Financial   ILtd.                  $340,000      3.63%      1/8/2028        380,593       0.00%
     Oversea-Chinese      Banking   Corp.,  Ltd.＾              $300,000      1.83%     10/9/2030         297,800       0.00%
     Temasek   Financial   ILtd.                  $250,000      2.38%     23/1/2023         253,942       0.00%
     United  Overseas   Bank  Ltd.＾                 $225,000      1.75%     16/3/2031         221,894       0.00%
     SP PowerAssets    Ltd.                    $200,000      3.25%     24/11/2025         213,367       0.00%
     United  Overseas   Bank  Ltd.＾                 $200,000      3.75%     15/4/2029         209,240       0.00%
     BOC  Aviation   Ltd.                    $200,000      3.00%     11/9/2029         204,758       0.00%
     United  Overseas   Bank  Ltd.＾                 $200,000      2.00%     14/10/2031         198,712       0.00%
     United  Overseas   Bank  Ltd.                 $200,000      1.25%     14/4/2026         197,570       0.00%
     Temasek   Financial   ILtd.                  $125,000      5.38%     23/11/2039         179,772       0.00%
                                                  66,868,361        0.29%
     スロバキア    0.14%  (2020:  0.13%)
     Vseobecna    Uverova   Banka  A.S.              EUR4,900,000        0.01%     24/3/2026        5,563,617       0.02%
     Slovakia   Government    Bond                EUR4,456,000        1.00%     14/5/2032        5,514,653       0.02%
     Slovakia   Government    Bond                EUR3,885,000        0.25%     14/5/2025        4,512,778       0.02%
     Slovakia   Government    Bond                EUR3,536,000        1.00%     12/6/2028        4,348,015       0.02%
     Slovakia   Government    Bond                EUR3,420,000        0.38%     21/4/2036        3,809,245       0.02%
     Slovakia   Government    Bond                EUR1,500,000        0.63%     22/5/2026        1,787,926       0.01%
     Eustream   A.S.                    EUR1,500,000        1.63%     25/6/2027        1,767,043       0.01%
     Slovakia   Government    Bond                EUR1,170,000        0.75%      9/4/2030        1,410,903       0.01%
     Slovakia   Government    Bond                EUR1,040,000        1.88%      9/3/2037        1,393,389       0.01%
     Slovakia   Government    Bond                 EUR800,000       2.00%     17/10/2047         1,154,214       0.00%
     SPP-Distribucia     A.S.                  EUR1,000,000        1.00%      9/6/2031        1,120,515       0.00%
     Slovakia   Government    Bond                 EUR400,000       0.00%     13/11/2023         460,698       0.00%
     SPP  Infrastructure     Financing   BV              EUR150,000       2.63%     12/2/2025         182,366       0.00%
     Slovakia   Government    Bond                 EUR100,000       1.38%     21/1/2027         124,008       0.00%
     Granvia   A.S.                      EUR78,395       4.78%     30/9/2039         115,946       0.00%
                                                  33,265,316        0.14%
     スロベニア    0.07%  (2020:  0.08%)
     Slovenia   Government    Bond                EUR3,890,000        1.19%     14/3/2029        4,758,840       0.02%
     Slovenia   Government    Bond                EUR2,700,000        1.75%     3/11/2040        3,555,908       0.02%
     Slovenia   Government    Bond                EUR2,110,000        0.00%     12/2/2031        2,316,521       0.01%
     Slovenia   Government    Bond                EUR1,830,000        0.28%     14/1/2030        2,082,881       0.01%
     Slovenia   Government    International    Bond             $1,349,000       5.25%     18/2/2024        1,466,914       0.01%
     Slovenia   Government    Bond                 EUR950,000       0.49%     20/10/2050         948,761       0.00%
     Slovenia   Government    Bond                 EUR700,000       0.69%      3/3/2081        638,725       0.00%
     Slovenia   Government    Bond                 EUR500,000       1.25%     22/3/2027         611,619       0.00%
     Slovenia   Government    Bond                 EUR200,000       1.50%     25/3/2035         251,815       0.00%
     Slovenia   Government    Bond                 EUR150,000       4.63%      9/9/2024        194,790       0.00%
     Slovenia   Government    Bond                 EUR50,000       5.13%     30/3/2026         70,150      0.00%
                                                  16,896,924        0.07%
     南アフリカ    0.02%  (2020:  0.02%)
     Anglo  American   Capital   plc                EUR620,000       1.63%     18/9/2025         734,151       0.01%
     Anglo  American   Capital   plc                 $725,000      2.63%     10/9/2030         710,400       0.01%
     Anglo  American   Capital   plc                 $600,000      4.75%     10/4/2027         668,247       0.00%
     Anglo  American   Capital   plc                 $600,000      2.88%     17/3/2031         596,945       0.00%
     Anglo  American   Capital   plc                 $500,000      3.63%     11/9/2024         524,953       0.00%
                                139/362

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     Anglo  American   Capital   plc                 $200,000      3.95%     10/9/2050         216,175       0.00%
                                                  3,450,871       0.02%
     韓国  1.58%  (2020:  1.71%)
     Korea  Treasury   Bond                KRW25,646,990,000          2.00%     10/6/2031        21,122,957        0.09%
     Korea  Treasury   Bond                KRW25,000,000,000          1.38%     10/9/2024        20,887,814        0.09%
     Korea  Treasury   Bond                KRW24,300,000,000          1.00%     10/6/2023        20,299,260        0.09%
     Korea  Treasury   Bond                KRW18,000,000,000          1.25%     10/3/2026        14,766,194        0.06%
     Korea  Treasury   Bond                KRW19,290,000,000          1.50%     10/3/2050        13,602,251        0.06%
     Korea  Treasury   Bond                KRW13,608,480,000          1.88%     10/3/2051        10,447,402        0.05%
     Korea  Treasury   Bond                KRW11,800,000,000          1.25%     10/12/2022         9,924,432       0.04%
     Korea  Treasury   Bond                KRW12,000,000,000          1.50%     10/12/2030         9,483,272       0.04%
     Korea  Treasury   Bond                KRW11,580,000,000          2.00%     10/3/2049        9,193,627       0.04%
     Korea  National   Housing   Bond  I           KRW10,000,000,000          1.75%     30/4/2022        9,138,610       0.04%
     Korea  Treasury   Bond                KRW10,600,000,000          1.13%     10/9/2025        8,695,847       0.04%
     Korea  Treasury   Bond                KRW10,000,000,000          1.88%     10/3/2024        8,488,832       0.04%
     Korea  Treasury   Bond                KRW10,000,000,000          1.50%     10/3/2025        8,357,347       0.04%
     Korea  Treasury   Bond                KRW9,500,000,000          1.50%     10/12/2026         7,783,478       0.03%
     Korea  Treasury   Bond                KRW8,605,000,000          2.63%     10/3/2048        7,742,886       0.03%
     Korea  Treasury   Bond                KRW8,225,000,000          2.38%     10/12/2027         7,021,215       0.03%
     Korea  Treasury   Bond                KRW8,000,000,000          2.25%     10/9/2023        6,847,468       0.03%
     Korea  Treasury   Bond                KRW9,300,000,000          1.13%     10/9/2039        6,494,521       0.03%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Korea  Treasury   Bond                KRW7,850,000,000          1.88%     10/6/2029        6,453,239       0.03%
     Korea  Treasury   Bond                KRW7,300,000,000          2.38%     10/9/2038        6,224,536       0.03%
     Korea  Treasury   Bond                KRW7,200,000,000          2.25%     10/9/2037        6,046,628       0.03%
     Korea  Treasury   Bond                KRW7,000,000,000          2.13%     10/3/2047        5,705,380       0.03%
     Korea  Treasury   Bond                KRW6,100,000,000          3.00%     10/12/2042         5,705,163       0.03%
     Korea  Treasury   Bond                KRW7,250,000,000          1.38%     10/6/2030        5,695,437       0.03%
     Korea  Treasury   Bond                KRW6,400,330,000          2.63%     10/6/2028        5,535,915       0.02%
     Korea  Treasury   Bond                KRW6,000,000,000          2.75%     10/12/2044         5,431,860       0.02%
     Korea  Treasury   Bond                KRW7,000,000,000          1.50%     10/9/2036        5,325,899       0.02%
     Korea  Treasury   Bond                KRW6,300,000,000          1.38%     10/12/2029         4,969,183       0.02%
     Korea  Treasury   Bond                KRW5,500,000,000          2.25%     10/6/2025        4,687,786       0.02%
     Korea  Treasury   Bond                KRW5,300,000,000          2.63%     10/9/2035        4,683,866       0.02%
     Kookmin   Bank                    EUR4,100,000        0.05%     15/7/2025        4,666,009       0.02%
     Korea  Treasury   Bond                KRW5,400,000,000          2.00%     10/3/2046        4,298,090       0.02%
     Korea  Treasury   Bond                KRW5,000,000,000          2.25%     10/12/2025         4,256,240       0.02%
     Korea  Treasury   Bond                KRW5,000,000,000          1.13%     10/6/2024        4,146,540       0.02%
     Korea  Treasury   Bond                KRW5,000,000,000          0.88%     10/12/2023         4,146,049       0.02%
     Korea  Treasury   Bond                KRW4,500,000,000          2.13%     10/6/2027        3,793,367       0.02%
     Korea  Treasury   Bond                KRW4,300,000,000          3.00%     10/9/2024        3,764,019       0.02%
     Korea  Treasury   Bond                KRW3,900,000,000          2.38%     10/12/2028         3,324,467       0.02%
     Korea  Treasury   Bond                KRW4,500,000,000          1.50%     10/9/2040        3,323,051       0.02%
     Korea  Treasury   Bond                KRW3,000,000,000          5.50%     10/12/2029         3,127,653       0.01%
     Korea  Treasury   Bond                KRW3,600,000,000          1.88%     10/9/2041        2,826,606       0.01%
     Korea  Treasury   Bond                KRW2,850,000,000          3.75%     10/12/2033         2,770,319       0.01%
     Korea  Housing   Finance   Corp.               EUR2,000,000        0.01%      5/2/2025        2,275,799       0.01%
     Korea  Housing   Finance   Corp.               EUR2,000,000        0.01%      7/7/2025        2,271,884       0.01%
     Korea  International    Bond                 EUR1,960,000        0.00%     16/9/2025        2,235,768       0.01%
     Korea  Treasury   Bond                KRW2,578,000,000          2.00%     10/9/2068        1,987,223       0.01%
                                140/362


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     Korea  Treasury   Bond                KRW1,800,000,000          4.00%     10/12/2031         1,756,686       0.01%
     Korea  Gas Corp.                     $1,700,000       2.25%     18/7/2026        1,745,800       0.01%
     Export-Import     Bank  of Korea                EUR1,500,000        0.38%     26/3/2024        1,725,017       0.01%
     Korea  Treasury   Bond                KRW2,000,000,000          1.88%     10/6/2026        1,675,658       0.01%
     Shinhan   Financial   Group  Co.,  Ltd.＾              $1,500,000       5.88%      Perpetual        1,579,145       0.01%
     Korea  Treasury   Bond                KRW1,800,000,000          3.00%     10/3/2023        1,555,439       0.01%
     Korea  Treasury   Bond                KRW2,100,000,000          1.63%     10/9/2070        1,420,173       0.01%
     Korea  Treasury   Bond                KRW1,200,000,000          5.50%     10/3/2028        1,221,608       0.01%
     Korea  International    Bond                  $1,100,000       2.75%     19/1/2027        1,163,855       0.01%
     Export-Import     Bank  of Korea                 $1,200,000       1.25%     21/9/2030        1,141,547       0.01%
     Shinhan   Bank  Co.,  Ltd.                  $1,000,000       4.50%     26/3/2028        1,127,205       0.01%
     Daegu  Bank  Ltd.                    $1,000,000       3.75%     13/8/2023        1,038,926       0.01%
     KT Corp.                       $1,000,000       2.50%     18/7/2026        1,033,296       0.01%
     POSCO                        $1,000,000       2.75%     15/7/2024        1,032,359       0.01%
     Korea  Treasury   Bond                KRW1,000,000,000          4.75%     10/12/2030         1,011,486       0.01%
     Kookmin   Bank                     $1,000,000       1.75%      4/5/2025        1,006,814       0.01%
     Korea  Development     Bank                  $1,000,000       1.63%     19/1/2031         979,925       0.00%
     Korea  International    Bond                  $750,000      4.13%     10/6/2044         979,017       0.00%
     Hyundai   Capital   America                    $950,000      2.38%     10/2/2023         963,107       0.00%
     Shinhan   Bank  Co.,  Ltd.                   $900,000      3.88%     5/11/2023         945,997       0.00%
     Korea  Treasury   Bond                KRW1,000,000,000          3.38%     10/9/2023         874,448       0.00%
     Korea  National   Oil Corp.                   $850,000      1.25%      7/4/2026        833,929       0.00%
     Export-Import     Bank  of Korea                 $750,000      4.00%     14/1/2024         796,249       0.00%
     Export-Import     Bank  of Korea                 $700,000      2.88%     21/1/2025         732,678       0.00%
     Korea  Development     Bank                 EUR630,000       0.00%     10/7/2024         717,730       0.00%
     Korea  International    Bond                  $550,000      3.88%     20/9/2048         713,050       0.00%
     Korea  National   Oil Corp.                   $700,000      2.38%      7/4/2031        708,468       0.00%
     Korea  Development     Bank                  $700,000      1.38%     25/4/2027         690,410       0.00%
     Hyundai   Capital   America                    $500,000      6.38%      8/4/2030        627,403       0.00%
     Hyundai   Capital   America                    $600,000      0.80%      8/1/2024        592,507       0.00%
     Hyundai   Capital   America                    $600,000      1.30%      8/1/2026        583,743       0.00%
     Hyundai   Capital   America                    $550,000      0.88%     14/6/2024         541,291       0.00%
     Hyundai   Capital   America                    $550,000      1.50%     15/6/2026         536,297       0.00%
     Export-Import     Bank  of Korea                 $500,000      3.25%     10/11/2025         535,483       0.00%
     Export-Import     Bank  of Korea                 $500,000      3.63%     27/11/2023         525,717       0.00%
     Korea  Development     Bank                  $500,000      3.25%     19/2/2024         524,090       0.00%
     SK Hynix,  Inc.                     $500,000      3.00%     17/9/2024         516,872       0.00%
     Export-Import     Bank  of Korea                 $500,000      1.88%     12/2/2025         508,484       0.00%
     Korea  Development     Bank                  $500,000      2.00%     25/10/2031         500,590       0.00%
     Korea  East-West    Power  Co.,  Ltd.               $475,000      3.88%     19/7/2023         496,189       0.00%
     Shinhan   Financial   Group  Co.,  Ltd.＾               $500,000      2.88%      Perpetual        492,825       0.00%
     Korea  Development     Bank                  $500,000      0.75%     25/1/2025         492,736       0.00%
     Kookmin   Bank                      $500,000      2.50%     4/11/2030         490,559       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Korea  Housing   Finance   Corp.                 EUR420,000       0.75%     30/10/2023         485,938      0.00%
     Hyundai   Capital   America                    $500,000      2.00%     15/6/2028         485,202      0.00%
     Hyundai   Capital   America                    $500,000      1.80%     10/1/2028         483,066      0.00%
     SK Hynix,  Inc.                      $500,000      2.38%     19/1/2031         482,597      0.00%
     Korea  International    Bond                   $400,000      3.88%     11/9/2023         420,433      0.00%
     Korea  Gas Corp.                      $400,000      2.75%     20/7/2022         404,263      0.00%
                                141/362


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     Korea  East-West    Power  Co.,  Ltd.                $400,000      2.63%     19/6/2022         403,224      0.00%
     Hyundai   Capital   Services,   Inc.                 $400,000      3.00%      6/3/2022        401,309      0.00%
     Export-Import     Bank  of Korea                  $400,000      1.75%     19/10/2028         401,005      0.00%
     Korea  Resources    Corp.                    $400,000      1.75%     15/4/2026         396,791      0.00%
     Export-Import     Bank  of Korea                  $350,000      2.50%     29/6/2041         355,228      0.00%
     Woori  Bank                        $300,000      4.75%     30/4/2024         321,471      0.00%
     Korea  Development     Bank                   $300,000      3.75%     22/1/2024         317,034      0.00%
     Korea  Gas Corp.                      $200,000      6.25%     20/1/2042         308,251      0.00%
     Industrial   Bank  of Korea                    $300,000      1.04%     22/6/2025         296,263      0.00%
     SK Telecom   Co.,  Ltd.                    $250,000      3.75%     16/4/2023         258,507      0.00%
     Hyundai   Capital   America                    $230,000      3.00%     10/2/2027         238,134      0.00%
     Woori  Bank                        $200,000      5.13%      6/8/2028        233,331      0.00%
     Korea  International    Bond                   $200,000      5.63%     3/11/2025         231,716      0.00%
     Hana  Bank                        $200,000      4.38%     30/9/2024         214,452      0.00%
     Shinhan   Bank  Co.,  Ltd.                    $200,000      3.75%     20/9/2027         214,314      0.00%
     Hana  Bank                        $200,000      4.25%     14/10/2024         214,023      0.00%
     Korea  Gas Corp.                      $200,000      3.13%     20/7/2027         213,857      0.00%
     Korea  Gas Corp.                      $200,000      3.50%     21/7/2025         213,839      0.00%
     Korea  Gas Corp.                      $200,000      2.88%     16/7/2029         212,759      0.00%
     Korea  Hydro  & Nuclear   Power  Co.,  Ltd.              $200,000      3.75%     25/7/2023         208,534      0.00%
     Hanwha   Life Insurance   Co.,  Ltd.＾                 $200,000      4.70%      Perpetual        206,617      0.00%
     Hyundai   Capital   Services,   Inc.                 $200,000      3.75%      5/3/2023        205,984      0.00%
     Shinhan   Financial   Group  Co.,  Ltd.＾                $200,000      3.34%      5/2/2030        205,974      0.00%
     Korea  Development     Bank                   $200,000      2.13%     1/10/2024         205,909      0.00%
     POSCO                          $200,000      2.50%     17/1/2025         205,509      0.00%
     Hankook   Tire  & Technology    Co.,  Ltd.               $200,000      3.50%     30/1/2023         204,633      0.00%
     Kookmin   Bank                       $200,000      2.88%     25/3/2023         204,522      0.00%
     Korea  Resources    Corp.                    $200,000      3.00%     24/4/2022         201,225      0.00%
     Korea  International    Bond                   $200,000      1.75%     15/10/2031         200,617      0.00%
     Export-Import     Bank  of Korea                  $200,000      1.38%      9/2/2031        191,334      0.00%
     SK Telecom   Co.,  Ltd.                    $150,000      6.63%     20/7/2027         186,559      0.00%
     Hyundai   Capital   America                    $170,000      2.65%     10/2/2025         174,375      0.00%
     Hyundai   Capital   America                    $160,000      3.50%     2/11/2026         169,793      0.00%
     Hyundai   Capital   America                    $150,000      4.13%      8/6/2023        156,080      0.00%
     Hyundai   Capital   America                    $100,000      2.75%     27/9/2026         102,486      0.00%
     KT Corp.                         $100,000      2.63%      7/8/2022        100,991      0.00%
     Hyundai   Capital   America                    $100,000      3.10%      5/4/2022        100,542      0.00%
                                                  370,548,888        1.58%
     スペイン   2.76%  (2020:  2.99%)
     Spain  Government    Bond                 EUR91,367,000        0.00%     31/5/2024       104,967,157        0.45%
     Spain  Government    Bond                 EUR62,264,000        0.00%     31/1/2026        71,263,778       0.31%
     Spain  Government    Bond                 EUR39,500,000        0.80%     30/7/2027        46,851,176       0.20%
     Spain  Government    Bond                 EUR32,670,000        0.50%     31/10/2031        36,922,291       0.16%
     Spain  Government    Bond                 EUR27,245,000        0.85%     30/7/2037        30,240,980       0.13%
     Spain  Government    Bond                 EUR21,700,000        0.10%     30/4/2031        23,814,326       0.10%
     Spain  Government    Bond                 EUR20,996,000        0.00%     31/1/2028        23,709,793       0.10%
     Spain  Government    Bond                 EUR16,690,000        2.35%     30/7/2033        22,534,457       0.10%
     Spain  Government    Bond                 EUR15,400,000        1.40%     30/4/2028        18,941,241       0.08%
     Spain  Government    Bond                 EUR12,820,000        1.20%     31/10/2040        14,741,443       0.06%
     Spain  Government    Bond                  EUR9,565,000        2.90%     31/10/2046        14,681,033       0.06%
     Spain  Government    Bond                 EUR11,631,000        1.45%     30/4/2029        14,403,991       0.06%
     Spain  Government    Bond                  EUR6,346,000        5.15%     31/10/2044        12,994,382       0.06%
                                142/362

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     Spain  Government    Bond                 EUR10,249,000        1.25%     31/10/2030        12,488,422       0.05%
     Spain  Government    Bond                 EUR10,298,000        1.00%     31/10/2050        10,622,866       0.05%
     Spain  Government    Bond                  EUR8,561,000        0.00%     31/1/2027        9,749,349       0.04%
     Spain  Government    Bond                  EUR4,400,000        4.70%     30/7/2041        8,210,500       0.04%
     Spain  Government    Bond                  EUR5,971,000        1.40%     30/7/2028        7,365,432       0.03%
     Spain  Government    Bond                  EUR7,187,000        1.45%     31/10/2071        7,112,694       0.03%
     Spain  Government    Bond                  EUR5,050,000        5.40%     31/1/2023        6,116,913       0.03%
     Spain  Government    Bond                  EUR4,571,000        1.95%     30/4/2026        5,672,039       0.02%
     Spain  Government    Bond                  EUR4,618,000        1.60%     30/4/2025        5,597,135       0.02%
     CaixaBank    SA                    EUR4,700,000        1.00%     14/3/2023        5,434,722       0.02%
     Spain  Government    Bond                  EUR4,662,000        0.00%     30/4/2023        5,345,139       0.02%
     Spain  Government    Bond                  EUR2,399,000        3.45%     30/7/2066        4,099,669       0.02%
     Fondo  De Titulizacion    Del Deficit  Del Sistema   Electrico   FTA      EUR3,100,000        0.50%     17/3/2023        3,568,153       0.02%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Banco  Santander    SA                  JPY400,000,000        0.46%     5/12/2024        3,480,685       0.02%
     Telefonica    Emisiones   SA                 EUR2,800,000        1.20%     21/8/2027        3,330,028       0.01%
     Programa   Cedulas   TDA  Fondo  de Titulizacion    de Activos        EUR2,100,000        4.25%     10/4/2031        3,241,471       0.01%
     Basque   Government                      EUR2,500,000        0.45%     30/4/2032        2,792,255       0.01%
     Autonomous    Community    of Andalusia   Spain            EUR2,400,000        0.50%     30/4/2031        2,684,166       0.01%
     Spain  Government    Bond                  EUR1,539,000        4.20%     31/1/2037        2,574,228       0.01%
     Telefonica    Emisiones   SA                 EUR2,200,000        1.07%      5/2/2024       2,561,018       0.01%
     Spain  Government    Bond                  EUR2,201,000        0.35%     30/7/2023        2,540,411       0.01%
     Bankinter   SA                     EUR2,000,000        1.25%      7/2/2028       2,419,869       0.01%
     Basque   Government                      EUR2,000,000        0.85%     30/4/2030        2,360,596       0.01%
     Spain  Government    Bond                  EUR1,500,000        5.15%     31/10/2028        2,287,346       0.01%
     Santander   Consumer    Finance   SA              EUR2,000,000        0.38%     17/1/2025        2,287,112       0.01%
     Instituto   de Credito   Oficial                  EUR2,000,000        0.00%     30/4/2027        2,277,012       0.01%
     Spain  Government    Bond                  EUR1,521,000        2.70%     31/10/2048        2,269,469       0.01%
     Banco  Santander    SA                  CHF2,000,000        0.75%     12/6/2023        2,224,513       0.01%
     Telefonica    Emisiones   SA                  $1,900,000       4.10%      8/3/2027       2,092,026       0.01%
     Autonomous    Community    of Madrid   Spain             EUR1,650,000        0.42%     30/4/2031        1,846,795       0.01%
     CaixaBank    SA                     EUR1,600,000        0.63%     1/10/2024        1,841,075       0.01%
     Santander   Consumer    Finance   SA              EUR1,600,000        0.50%     14/11/2026        1,831,507       0.01%
     Banco  de Sabadell   SA                  EUR1,600,000        0.13%     10/2/2028        1,817,623       0.01%
     Spain  Government    Bond                  EUR1,367,000        1.85%     30/7/2035        1,753,671       0.01%
     Fondo  De Titulizacion    Del Deficit  Del Sistema   Electrico   FTA      EUR1,500,000        0.85%     17/12/2023        1,749,194       0.01%
     Cajamar   Caja  Rural  SCC                  EUR1,500,000        0.88%     18/6/2023        1,734,563       0.01%
     Autonomous    Community    of Madrid   Spain             EUR1,500,000        0.42%     30/4/2030        1,705,012       0.01%
     Banco  Santander    SA                   EUR1,500,000        0.50%      4/2/2027       1,697,361       0.01%
     Banco  Bilbao  Vizcaya   Argentaria    SA             EUR1,500,000        0.50%     14/1/2027        1,695,028       0.01%
     Telefonica    Emisiones   SA                 GBP1,000,000        5.45%     8/10/2029        1,687,558       0.01%
     Banco  Santander    SA                   EUR1,400,000        0.88%      9/5/2031       1,679,675       0.01%
     Autonomous    Community    of Madrid   Spain             EUR1,300,000        1.77%     30/4/2028        1,621,110       0.01%
     Spain  Government    Bond                  EUR1,425,000        1.00%     30/7/2042        1,570,732       0.01%
     Banco  Santander    SA                  CHF1,400,000        0.31%      9/6/2028       1,532,209       0.01%
     CaixaBank    SA                     EUR1,300,000        1.13%     17/5/2024        1,513,561       0.01%
     Banco  Santander    SA                   EUR1,200,000        0.25%     10/7/2029        1,375,689       0.01%
     Telefonica    Emisiones   SA                 EUR1,100,000        1.46%     13/4/2026        1,318,113       0.01%
     Telefonica    Emisiones   SA                  $1,025,000       5.21%      8/3/2047       1,272,064       0.01%
                                143/362


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     Merlin  Properties    Socimi  SA                EUR1,000,000        2.38%     13/7/2027        1,224,602       0.01%
     CaixaBank    SA                     EUR1,000,000        1.00%     17/1/2028        1,196,401       0.01%
     Adif-Alta   Velocidad                     EUR1,000,000        0.95%     30/4/2027        1,189,178       0.01%
     CaixaBank    SA＾                     EUR1,000,000        2.75%     14/7/2028        1,174,611       0.01%
     Deutsche   Bank  SA Espanola                  EUR1,000,000        0.50%     11/3/2024        1,154,168       0.01%
     Banco  Santander    SA                   EUR1,000,000        1.63%     22/10/2030        1,148,255       0.01%
     Instituto   de Credito   Oficial                  EUR1,000,000        0.00%     30/4/2026        1,142,345       0.01%
     Autonomous    Community    of Madrid   Spain             EUR900,000       2.15%     30/4/2027        1,136,062       0.01%
     Banco  de Sabadell   SA                   EUR900,000       1.63%      7/3/2024       1,052,908       0.01%
     Fondo  De Titulizacion    Del Deficit  Del Sistema   Electrico   FTA      EUR900,000       0.01%     17/9/2025        1,032,207       0.01%
     Banco  Santander    SA                    $1,000,000       3.13%     23/2/2023        1,023,815       0.01%
     Banco  Santander    SA                    $1,000,000       2.96%     25/3/2031        1,019,923       0.01%
     Iberdrola   International    BV＾                 EUR900,000       1.83%      Perpetual       1,017,420       0.01%
     Bankinter   SA＾                      EUR900,000       1.25%     23/12/2032        1,014,005       0.01%
     Banco  Santander    SA                   EUR900,000       0.20%     11/2/2028        1,004,877       0.00%
     Banco  Santander    SA                   EUR900,000       0.10%     27/2/2032        1,000,278       0.00%
     Banco  Santander    SA                    $1,000,000       1.85%     25/3/2026         994,347      0.00%
     Telefonica    Emisiones   SA                   $775,000      4.90%      6/3/2048        931,347      0.00%
     Autonomous    Community    of Madrid   Spain             EUR769,000       1.00%     30/9/2024         907,416      0.00%
     Adif  Alta  Velocidad                      EUR800,000       0.55%     31/10/2031         897,606      0.00%
     Telefonica    Emisiones   SA                  EUR700,000       1.79%     12/3/2029         866,331      0.00%
     Abertis   Infraestructuras     SA                 EUR700,000       2.25%     29/3/2029         860,331      0.00%
     Banco  Santander    SA                    $800,000      3.85%     12/4/2023         828,044      0.00%
     Telefonica    Emisiones   SA                  EUR700,000       0.66%      3/2/2030        799,470      0.00%
     Repsol  International    Finance   BV               EUR700,000       0.13%     5/10/2024         799,377      0.00%
     Iberdrola   International    BV＾                 EUR700,000       1.45%      Perpetual        796,934      0.00%
     Banco  Santander    SA                   EUR700,000       0.30%     4/10/2026         796,108      0.00%
     Telefonica    Europe   BV                    $510,000      8.25%     15/9/2030         724,274      0.00%
     Naturgy   Finance   BV                   EUR600,000       1.38%     19/1/2027         719,207      0.00%
     Red Electrica   Corp.  SA                  EUR600,000       0.88%     14/4/2025         701,342      0.00%
     Iberdrola   Finanzas   SA＾                   EUR600,000       1.58%      Perpetual        679,281      0.00%
     Inmobiliaria    Colonial   Socimi  SA                EUR600,000       0.75%     22/6/2029         668,956      0.00%
     Repsol  International    Finance   BV               EUR500,000       2.25%     10/12/2026         625,629      0.00%
     Telefonica    Emisiones   SA                  EUR500,000       1.81%     21/5/2032         616,919      0.00%
     FCC  Servicios   Medio  Ambiente   Holding   SAU            EUR500,000       1.66%     4/12/2026         596,998      0.00%
     Redexis   Gas Finance   BV                  EUR500,000       1.88%     28/5/2025         596,217      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Kutxabank    SA                    EUR500,000       1.25%     22/9/2025         595,299       0.00%
     Banco  Santander    SA                  EUR500,000       1.38%      5/1/2026        590,471       0.00%
     Bankinter   SA                    EUR500,000       1.00%      5/2/2025        587,097       0.00%
     Banco  de Sabadell   SA＾                  EUR500,000       1.13%     11/3/2027         578,783       0.00%
     FCC  Servicios   Medio  Ambiente   Holding   SAU           EUR500,000       0.82%     4/12/2023         576,022       0.00%
     Abertis   Infraestructuras     SA                EUR500,000       1.13%     26/3/2028         575,441       0.00%
     Santander   Consumer    Finance   SA              EUR500,000       0.38%     27/6/2024         572,879       0.00%
     Merlin  Properties    Socimi  SA                EUR500,000       1.88%     4/12/2034         558,520       0.00%
     Telefonica    Emisiones   SA                  $410,000      5.52%      1/3/2049        534,876       0.00%
     Iberdrola   International    BV＾                EUR400,000       1.87%      Perpetual        463,331       0.00%
     Red Electrica   Financiaciones     SAU              EUR400,000       0.38%     24/7/2028         460,252       0.00%
     Banco  de Sabadell   SA＾                  EUR400,000       0.63%     7/11/2025         456,609       0.00%
                                144/362


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     Ferrovial   Emisiones   SA                 EUR400,000       0.54%     12/11/2028         452,727       0.00%
     Telefonica    Emisiones   SA                  $375,000      4.67%      6/3/2038        432,834       0.00%
     Banco  Santander    SA                   $400,000      3.31%     27/6/2029         425,108       0.00%
     Telefonica    Emisiones   SA                  $275,000      7.05%     20/6/2036         393,848       0.00%
     Banco  Santander    SA                   $340,000      5.18%     19/11/2025         377,891       0.00%
     Autonomous    Community    of Madrid   Spain            EUR300,000       1.83%     30/4/2025         364,308       0.00%
     Adif-Alta   Velocidad                     EUR300,000       1.88%     28/1/2025         363,922       0.00%
     Santander   Consumer    Finance   SA              EUR300,000       1.00%     27/2/2024         348,423       0.00%
     Banco  Bilbao  Vizcaya   Argentaria    SA             EUR300,000       0.75%      4/6/2025        347,685       0.00%
     Enagas   Financiaciones     SA                EUR300,000       1.00%     25/3/2023         346,387       0.00%
     Iberdrola   International    BV                EUR300,000       0.38%     15/9/2025         345,634       0.00%
     Abertis   Infraestructuras     SA                GBP200,000       3.38%     27/11/2026         286,669       0.00%
     ACS  Servicios   Comunicaciones      y Energia   SA          EUR200,000       1.88%     20/4/2026         238,770       0.00%
     Canal  de Isabel  II Gestion   SA               EUR200,000       1.68%     26/2/2025         236,884       0.00%
     Red Electrica   Financiaciones     SAU              EUR200,000       1.00%     21/4/2026         236,576       0.00%
     Prosegur   Cash  SA                   EUR200,000       1.38%      4/2/2026        235,911       0.00%
     Enagas   Financiaciones     SA                EUR200,000       1.25%      6/2/2025        235,706       0.00%
     Iberdrola   Finanzas   SA                  GBP150,000       7.38%     29/1/2024         228,441       0.00%
     NorteGas   Energia   Distribucion    SA              EUR200,000       0.91%     22/1/2031         221,497       0.00%
     Banco  Santander    SA                   $200,000      3.80%     23/2/2028         216,643       0.00%
     Banco  Santander    SA                   $200,000      2.71%     27/6/2024         206,910       0.00%
     Banco  Santander    SA                   $200,000      2.75%     28/5/2025         206,881       0.00%
     Autonomous    Community    of Madrid   Spain            EUR100,000       4.30%     15/9/2026         136,585       0.00%
     NorteGas   Energia   Distribucion    SA              EUR100,000       2.07%     28/9/2027         121,174       0.00%
     Iberdrola   International    BV                  $50,000      6.75%     15/7/2036         73,759      0.00%
     Autonomous    Community    of Madrid   Spain             EUR50,000       4.13%     21/5/2024         62,907      0.00%
     Autonomous    Community    of Madrid   Spain             EUR50,000       2.88%     17/7/2023         59,777      0.00%
     Banco  Santander    SA                    $15,000      3.49%     28/5/2030         15,881      0.00%
                                                 646,820,333        2.76%
     国際機関   2.58%  (2020:  2.49%)
     European   Union                   EUR20,870,000        0.00%      4/3/2026       24,085,200        0.10%
     European   Financial   Stability   Facility             EUR14,100,000        0.00%     19/4/2024        16,210,253        0.07%
     European   Union                   EUR13,700,000        0.40%      4/2/2037       15,762,426        0.07%
     European   Investment    Bank                 $15,688,000       0.38%     26/3/2026        15,125,598        0.07%
     European   Union                    EUR9,000,000        0.00%     4/10/2028        10,330,275        0.04%
     European   Financial   Stability   Facility              EUR8,500,000        0.50%     20/1/2023        9,781,717       0.04%
     European   Union                    EUR8,220,000        0.00%      4/7/2031        9,285,240       0.04%
     European   Financial   Stability   Facility              EUR6,880,000        0.00%     20/1/2031        7,755,632       0.03%
     European   Union                    EUR6,070,000        0.25%     22/4/2036        6,759,341       0.03%
     European   Stability   Mechanism                 EUR5,500,000        1.00%     23/9/2025        6,550,396       0.03%
     European   Financial   Stability   Facility              EUR5,525,000        0.00%     24/4/2023        6,332,343       0.03%
     European   Union                    EUR5,128,000        0.50%      4/4/2025        6,005,839       0.03%
     European   Investment    Bank                EUR5,000,000        0.50%     15/1/2027        5,889,979       0.03%
     European   Investment    Bank                EUR5,000,000        0.38%     16/7/2025        5,823,948       0.03%
     European   Union                    EUR5,000,000        0.00%      4/7/2029        5,712,708       0.03%
     European   Investment    Bank                 $5,436,000       1.63%     14/3/2025        5,529,482       0.02%
     European   Stability   Mechanism                 EUR4,100,000        1.20%     23/5/2033        5,135,675       0.02%
     European   Union                    EUR4,805,000        0.30%     4/11/2050        5,062,011       0.02%
     European   Union                    EUR4,400,000        0.45%      4/7/2041        4,985,395       0.02%
     European   Financial   Stability   Facility              EUR4,300,000        0.20%     17/1/2024        4,959,035       0.02%
     European   Investment    Bank                EUR4,000,000        0.88%     14/1/2028        4,832,365       0.02%
     European   Financial   Stability   Facility              EUR4,055,000        0.70%     20/1/2050        4,742,082       0.02%
                                145/362

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     European   Investment    Bank                EUR4,000,000        0.25%     14/10/2024         4,635,429       0.02%
     European   Investment    Bank                EUR4,100,000        0.00%     14/1/2031        4,624,706       0.02%
     European   Financial   Stability   Facility              EUR4,000,000        0.00%     20/7/2026        4,598,408       0.02%
     European   Financial   Stability   Facility              EUR3,800,000        0.75%      3/5/2027        4,534,895       0.02%
     Asian  Development     Bank                 EUR4,000,000        0.03%     31/1/2030        4,501,157       0.02%
     European   Stability   Mechanism                 EUR3,800,000        0.00%     10/2/2023        4,350,475       0.02%
     European   Stability   Mechanism                 EUR3,600,000        0.13%     22/4/2024        4,149,587       0.02%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     International    Bank  for Reconstruction     & Development           $4,208,000       0.88%     15/7/2026        4,133,608       0.02%
     European   Investment    Bank                EUR2,500,000        2.75%     15/3/2040        3,959,282       0.02%
     European   Investment    Bank                EUR3,350,000        0.00%     17/6/2027        3,847,291       0.02%
     European   Investment    Bank                EUR3,260,000        1.63%     15/3/2023        3,806,682       0.02%
     European   Financial   Stability   Facility              EUR2,800,000        1.45%      5/9/2040        3,707,101       0.02%
     European   Stability   Mechanism                 EUR3,225,000        0.10%     31/7/2023        3,703,829       0.02%
     Asian  Development     Bank                  $3,524,000       2.00%     22/1/2025        3,625,843       0.02%
     European   Financial   Stability   Facility              EUR2,965,000        0.88%     10/4/2035        3,593,510       0.02%
     European   Investment    Bank                EUR3,000,000        0.63%     22/1/2029        3,573,262       0.02%
     European   Stability   Mechanism                 EUR3,180,000        0.01%     15/10/2031         3,569,980       0.02%
     European   Financial   Stability   Facility              EUR3,000,000        0.63%     16/10/2026         3,550,143       0.02%
     Corp.  Andina   de Fomento                  EUR3,000,000        1.13%     13/2/2025        3,513,273       0.02%
     Corp.  Andina   de Fomento                   $3,436,000       4.38%     15/6/2022        3,491,363       0.02%
     European   Investment    Bank                EUR3,000,000        0.05%     24/5/2024        3,452,040       0.02%
     International    Bank  for Reconstruction     & Development           $3,500,000       0.63%     22/4/2025        3,447,990       0.02%
     European   Investment    Bank                EUR3,000,000        0.00%     16/10/2023         3,443,614       0.02%
     European   Investment    Bank                 $3,265,000       3.25%     29/1/2024        3,430,569       0.02%
     Asian  Development     Bank                 EUR3,000,000        0.10%     17/6/2031        3,367,980       0.01%
     European   Stability   Mechanism                 EUR2,950,000        0.01%      4/3/2030        3,341,864       0.01%
     International    Bank  for Reconstruction     & Development          EUR2,950,000        0.00%     21/2/2030        3,324,865       0.01%
     European   Investment    Bank                EUR3,000,000        0.20%     17/3/2036        3,315,371       0.01%
     Inter-American     Development     Bank               $3,166,000       2.13%     15/1/2025        3,270,421       0.01%
     European   Financial   Stability   Facility              EUR2,850,000        0.05%     17/10/2029         3,251,685       0.01%
     European   Investment    Bank                EUR3,125,000        0.01%     15/5/2041        3,242,207       0.01%
     European   Financial   Stability   Facility              EUR2,675,000        0.95%     14/2/2028        3,236,829       0.01%
     European   Investment    Bank                 $3,120,000       1.88%     10/2/2025        3,199,126       0.01%
     European   Investment    Bank                 $3,200,000       0.63%     25/7/2025        3,142,162       0.01%
     European   Investment    Bank                EUR2,500,000        1.13%     15/9/2036        3,122,229       0.01%
     Council   Of Europe   Development     Bank            EUR2,700,000        0.00%      9/4/2027        3,086,031       0.01%
     International    Bank  for Reconstruction     & Development           $3,000,000       1.63%     3/11/2031        3,001,409       0.01%
     European   Investment    Bank                EUR2,620,000        0.05%     16/1/2030        2,984,852       0.01%
     European   Bank  for Reconstruction     & Development            $3,000,000       0.25%     10/7/2023        2,982,189       0.01%
     African   Development     Bank                 $3,000,000       0.88%     23/3/2026        2,952,428       0.01%
     European   Financial   Stability   Facility              EUR2,000,000        1.80%     10/7/2048        2,951,271       0.01%
     European   Stability   Mechanism                 EUR2,500,000        0.50%      5/3/2029        2,945,138       0.01%
     Asian  Development     Bank                  $2,945,000       0.38%     11/6/2024        2,909,492       0.01%
     International    Bank  for Reconstruction     & Development           $2,700,000       2.50%     29/7/2025        2,827,007       0.01%
     European   Financial   Stability   Facility              EUR2,180,000        1.20%     17/2/2045        2,814,269       0.01%
     International    Bank  for Reconstruction     & Development          GBP2,000,000        0.50%     24/7/2023        2,697,652       0.01%
     International    Development     Association              GBP2,000,000        0.75%     12/12/2024         2,685,840       0.01%
     International    Finance   Corp.                GBP2,000,000        0.88%     15/9/2026        2,685,112       0.01%
     European   Investment    Bank                GBP1,950,000        1.38%      7/3/2025        2,665,716       0.01%
                                146/362


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     Inter-American     Development     Bank              GBP2,000,000        0.50%     15/9/2026        2,640,437       0.01%
     European   Stability   Mechanism                 EUR2,280,000        0.00%     15/12/2026         2,615,994       0.01%
     Nordic  Investment    Bank                 GBP2,000,000        0.13%     15/12/2026         2,581,057       0.01%
     International    Bank  for Reconstruction     & Development           $2,650,000       0.38%     28/7/2025        2,579,200       0.01%
     Inter-American     Development     Bank               $2,400,000       2.63%     16/1/2024        2,489,783       0.01%
     Inter-American     Development     Bank               $2,325,000       2.00%      2/6/2026        2,397,218       0.01%
     European   Stability   Mechanism                 EUR2,000,000        0.75%      5/9/2028        2,396,854       0.01%
     European   Investment    Bank                CHF1,500,000        3.13%     30/6/2036        2,352,011       0.01%
     European   Union                    EUR2,210,000        0.10%     4/10/2040        2,347,764       0.01%
     Corp.  Andina   de Fomento                  EUR2,040,000        0.25%      4/2/2026        2,312,745       0.01%
     European   Financial   Stability   Facility              EUR2,000,000        0.00%     15/10/2025         2,300,658       0.01%
     European   Stability   Mechanism                 EUR2,000,000        0.00%     14/3/2025        2,299,257       0.01%
     European   Investment    Bank                EUR2,000,000        0.00%     13/3/2026        2,298,243       0.01%
     International    Bank  for Reconstruction     & Development           $2,200,000       2.50%     19/3/2024        2,281,274       0.01%
     European   Investment    Bank                CA($)2,800,000         2.38%      6/7/2023        2,262,262       0.01%
     Corp.  Andina   de Fomento                 AU($)2,900,000         4.50%      5/6/2025        2,236,659       0.01%
     Corp.  Andina   de Fomento                 CHF2,000,000        0.50%     26/2/2026        2,226,912       0.01%
     European   Union                    EUR1,950,000        0.45%      2/5/2046        2,179,632       0.01%
     European   Union                    EUR1,995,000        0.00%      4/7/2035        2,169,737       0.01%
     European   Investment    Bank                EUR1,500,000        1.75%     15/9/2045        2,149,233       0.01%
     Nordic  Investment    Bank                 EUR1,880,000        0.00%     25/9/2026        2,148,518       0.01%
     Inter-American     Development     Bank               $2,100,000       2.50%     18/1/2023        2,143,484       0.01%
     European   Investment    Bank                EUR1,700,000        1.00%     14/4/2032        2,095,835       0.01%
     International    Bank  for Reconstruction     & Development          EUR1,800,000        0.00%     15/1/2027        2,057,791       0.01%
     EUROFIMA                       EUR1,880,000        0.15%     10/10/2034         2,035,586       0.01%
     International    Bank  for Reconstruction     & Development           $2,000,000       1.50%     28/8/2024        2,030,240       0.01%
     European   Investment    Bank                 $2,000,000       1.38%     15/5/2023        2,021,671       0.01%
     European   Investment    Bank                EUR1,745,000        0.10%     15/10/2026         2,015,369       0.01%
     European   Financial   Stability   Facility              EUR1,485,000        1.38%     31/5/2047        2,000,849       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     European   Union                    EUR1,700,000        0.70%      6/7/2051        1,989,011       0.01%
     Asian  Development     Bank                  $2,000,000       0.25%     14/7/2023        1,988,165       0.01%
     Asian  Development     Bank                  $2,000,000       0.25%     6/10/2023        1,984,362       0.01%
     Inter-American     Development     Bank               $2,000,000       0.25%     15/11/2023         1,982,386       0.01%
     International    Bank  for Reconstruction     & Development           $2,000,000       0.75%     11/3/2025        1,980,629       0.01%
     European   Bank  for Reconstruction     & Development            $2,000,000       0.50%     19/5/2025        1,958,150       0.01%
     European   Investment    Bank                EUR2,000,000        0.05%     27/1/2051        1,956,302       0.01%
     New  Development     Bank                  $2,000,000       0.63%     29/9/2025        1,945,846       0.01%
     Asian  Development     Bank                  $2,000,000       0.38%      3/9/2025        1,943,176       0.01%
     European   Investment    Bank                GBP1,500,000        0.13%     14/12/2026         1,937,223       0.01%
     European   Investment    Bank                EUR1,684,000        0.00%     23/5/2023        1,931,082       0.01%
     European   Investment    Bank                GBP1,000,000        5.63%      7/6/2032        1,929,977       0.01%
     European   Union                    EUR1,525,000        1.25%      4/4/2033        1,928,521       0.01%
     European   Union                    EUR1,600,000        0.63%     4/11/2023        1,859,933       0.01%
     International    Bank  for Reconstruction     & Development           $1,800,000       1.63%     15/1/2025        1,832,855       0.01%
     European   Investment    Bank                EUR1,600,000        0.00%      9/9/2030        1,809,099       0.01%
     International    Finance   Corp.                 $1,735,000       2.13%      7/4/2026        1,798,752       0.01%
     European   Union                    EUR1,500,000        0.75%      4/1/2047        1,785,750       0.01%
     Inter-American     Development     Bank               $1,800,000       0.50%     23/9/2024        1,777,797       0.01%
     European   Financial   Stability   Facility              EUR1,400,000        1.25%     24/5/2033        1,767,649       0.01%
                                147/362


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     European   Financial   Stability   Facility              EUR1,100,000        2.00%     28/2/2056        1,763,659       0.01%
     African   Development     Bank                EUR1,500,000        0.25%     21/11/2024         1,728,644       0.01%
     European   Union                    EUR1,540,000        0.20%      4/6/2036        1,714,268       0.01%
     European   Investment    Bank               JPY177,500,000         2.15%     18/1/2027        1,712,743       0.01%
     International    Development     Association              GBP1,300,000        0.38%     22/9/2027        1,692,974       0.01%
     European   Stability   Mechanism                 EUR1,400,000        0.88%     18/7/2042        1,690,429       0.01%
     International    Bank  for Reconstruction     & Development           $1,625,000       3.00%     27/9/2023        1,689,179       0.01%
     European   Stability   Mechanism                 EUR1,460,000        0.00%     16/12/2024         1,680,293       0.01%
     Asian  Development     Bank                  $1,700,000       0.63%     29/4/2025        1,674,058       0.01%
     European   Financial   Stability   Facility              EUR1,385,000        0.00%     13/10/2027         1,587,023       0.01%
     European   Investment    Bank                 $1,500,000       2.88%     15/8/2023        1,552,830       0.01%
     European   Investment    Bank                GBP1,150,000        0.75%     22/7/2027        1,530,517       0.01%
     African   Development     Bank                 $1,465,000       3.00%     20/9/2023        1,521,774       0.01%
     European   Financial   Stability   Facility              EUR1,000,000        1.75%     17/7/2053        1,494,360       0.01%
     International    Bank  for Reconstruction     & Development           $1,500,000       1.38%     20/4/2028        1,494,032       0.01%
     Asian  Development     Bank                  $1,410,000       2.50%     2/11/2027        1,492,796       0.01%
     Inter-American     Development     Bank               $1,500,000       0.63%     15/7/2025        1,473,423       0.01%
     International    Bank  for Reconstruction     & Development           $1,500,000       1.13%     13/9/2028        1,465,299       0.01%
     International    Bank  for Reconstruction     & Development           $1,500,000       1.25%     10/2/2031        1,459,669       0.01%
     European   Financial   Stability   Facility              EUR1,200,000        1.75%     27/6/2024        1,439,455       0.01%
     Inter-American     Development     Bank               $1,360,000       2.38%      7/7/2027        1,429,029       0.01%
     European   Investment    Bank                EUR1,000,000        1.50%     16/10/2048         1,403,942       0.01%
     International    Bank  for Reconstruction     & Development           $1,300,000       3.13%     20/11/2025         1,395,323       0.01%
     Asian  Development     Bank                  $1,400,000       0.63%     8/10/2024        1,386,951       0.01%
     Asian  Development     Bank                NZ($)2,000,000        3.00%     17/1/2023        1,386,511       0.01%
     Inter-American     Development     Bank               $1,353,000       1.75%     14/3/2025        1,381,674       0.01%
     Nordic  Investment    Bank                 EUR1,200,000        0.13%     10/6/2024        1,380,215       0.01%
     International    Bank  for Reconstruction     & Development          NZ($)2,000,000        2.88%     30/11/2026         1,379,467       0.01%
     International    Bank  for Reconstruction     & Development          EUR1,200,000        0.01%     24/4/2028        1,365,649       0.01%
     Nordic  Investment    Bank                 GBP1,000,000        1.13%     15/12/2023         1,360,919       0.01%
     Asian  Development     Bank                  $1,400,000       0.50%      4/2/2026        1,359,634       0.01%
     International    Bank  for Reconstruction     & Development           $1,300,000       2.50%     25/11/2024         1,356,388       0.01%
     European   Union                    EUR1,200,000        0.00%     22/4/2031        1,356,035       0.01%
     European   Investment    Bank                GBP1,000,000        1.00%     21/9/2026        1,351,952       0.01%
     International    Bank  for Reconstruction     & Development          GBP1,000,000        1.00%     21/12/2029         1,341,738       0.01%
     International    Finance   Corp.                 GBP964,000       1.38%      7/3/2025        1,318,374       0.01%
     Inter-American     Development     Bank               $1,200,000       2.25%     18/6/2029        1,260,298       0.01%
     European   Investment    Bank                EUR1,000,000        1.00%     14/11/2042         1,254,193       0.01%
     European   Stability   Mechanism                 EUR1,000,000        1.13%      3/5/2032        1,244,790       0.01%
     International    Bank  for Reconstruction     & Development           EUR964,000       1.20%      8/8/2034        1,205,800       0.01%
     European   Financial   Stability   Facility              EUR1,000,000        0.88%     26/7/2027        1,201,777       0.01%
     European   Investment    Bank                EUR1,000,000        2.13%     15/1/2024        1,197,895       0.01%
     European   Financial   Stability   Facility              EUR760,000       3.88%     30/3/2032        1,190,046       0.01%
     International    Bank  for Reconstruction     & Development          EUR1,000,000        0.63%     12/1/2033        1,174,893       0.01%
     European   Investment    Bank                EUR1,000,000        0.38%     14/4/2026        1,167,751       0.01%
     European   Investment    Bank                 $1,100,000       2.63%     15/3/2024        1,143,325       0.01%
     European   Investment    Bank              SEK(kr)10,000,000          1.38%     12/5/2028        1,140,781       0.01%
     European   Investment    Bank                 $1,100,000       2.25%     24/6/2024        1,136,895       0.01%
     Asian  Development     Bank                  $1,100,000       2.75%     17/3/2023        1,129,060       0.01%
     European   Investment    Bank                AU($)1,500,000         1.70%     15/11/2024         1,105,254       0.01%
     Banque   Ouest  Africaine   de Developpement               $1,000,000       4.70%     22/10/2031         1,088,693       0.01%
                                148/362


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                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     European   Investment    Bank                 EUR920,000       0.00%     15/11/2027         1,058,052       0.01%
     Asian  Development     Bank                NZ($)1,500,000        3.50%     30/5/2024        1,055,129       0.01%
     Inter-American     Development     Bank               $950,000      3.13%     18/9/2028        1,048,475       0.01%
     European   Investment    Bank                 $1,000,000       3.13%     14/12/2023         1,045,239       0.01%
     Asian  Development     Bank                  $1,000,000       1.50%     18/10/2024         1,014,288       0.00%
     Asian  Development     Bank                  $975,000      2.63%     30/1/2024        1,012,087       0.00%
     International    Bank  for Reconstruction     & Development           $1,050,000       0.75%     24/11/2027         1,008,711       0.00%
     Inter-American     Development     Bank               $1,000,000       0.50%     24/5/2023         998,745       0.00%
     European   Investment    Bank                 EUR800,000       1.13%     15/11/2032         998,238       0.00%
     Asian  Infrastructure     Investment    Bank              $1,025,000       0.50%     27/1/2026         994,522       0.00%
     International    Bank  for Reconstruction     & Development           $1,000,000       0.13%     20/4/2023         994,354       0.00%
     Inter-American     Development     Bank               $950,000      3.00%     21/2/2024         994,222       0.00%
     International    Bank  for Reconstruction     & Development            $970,000      1.75%     23/10/2029         985,104       0.00%
     African   Development     Bank                 $1,000,000       0.88%     22/7/2026         981,372       0.00%
     International    Finance   Corp.                 $1,000,000       0.38%     16/7/2025         973,676       0.00%
     European   Investment    Bank                 $1,000,000       1.25%     14/2/2031         973,441       0.00%
     EUROFIMA                        EUR845,000       0.25%      9/2/2024        972,018       0.00%
     Nordic  Investment    Bank                  $1,000,000       0.38%     11/9/2025         971,179       0.00%
     Inter-American     Development     Bank               $1,000,000       0.63%     16/9/2027         955,142       0.00%
     International    Bank  for Reconstruction     & Development           $1,000,000       0.88%     14/5/2030         948,031       0.00%
     European   Union                     EUR820,000       0.00%      2/6/2028        941,736       0.00%
     International    Bank  for Reconstruction     & Development           $1,000,000       0.75%     26/8/2030         936,935       0.00%
     International    Bank  for Reconstruction     & Development            $900,000      1.88%     19/6/2023         916,605       0.00%
     European   Investment    Bank                 EUR840,000       0.01%     15/11/2035         906,785       0.00%
     IDB  Trust  Services   Ltd.                   $900,000      2.39%     12/4/2022         904,753       0.00%
     Asian  Infrastructure     Investment    Bank              $850,000      2.25%     16/5/2024         877,106       0.00%
     Africa  Finance   Corp.                    $800,000      4.38%     17/4/2026         864,213       0.00%
     European   Union                     EUR730,000       0.00%     4/11/2025         842,251       0.00%
     European   Investment    Bank                 EUR690,000       0.00%     22/12/2026         793,995       0.00%
     European   Investment    Bank                  $740,000      2.50%     15/3/2023         757,296       0.00%
     European   Stability   Mechanism                   $750,000      0.25%      8/9/2023        744,104       0.00%
     Corp.  Andina   de Fomento                  EUR600,000       1.63%      3/6/2025        715,275       0.00%
     International    Bank  for Reconstruction     & Development            $700,000      0.25%     24/11/2023         693,739       0.00%
     European   Investment    Bank                 EUR600,000       0.50%     13/11/2037         693,172       0.00%
     European   Investment    Bank                  $500,000      4.88%     15/2/2036         690,563       0.00%
     Inter-American     Development     Bank              GBP500,000       1.38%     15/12/2024         683,655       0.00%
     Asian  Development     Bank                 GBP500,000       1.13%     15/12/2025         678,910       0.00%
     European   Investment    Bank                 EUR590,000       0.00%     25/3/2025         678,211       0.00%
     Inter-American     Development     Bank               $700,000      1.13%     13/1/2031         674,360       0.00%
     International    Bank  for Reconstruction     & Development           EUR700,000       0.20%     21/1/2061         671,251       0.00%
     European   Investment    Bank                 EUR450,000       2.63%     15/3/2035         659,421       0.00%
     Council   Of Europe   Development     Bank             EUR550,000       1.75%     24/4/2024         656,147       0.00%
     European   Investment    Bank                 GBP350,000       3.88%      8/6/2037        639,654       0.00%
     European   Union                     EUR500,000       1.13%      4/4/2036        625,398       0.00%
     International    Finance   Corp.                  $600,000      2.88%     31/7/2023         620,637       0.00%
     International    Bank  for Reconstruction     & Development          CA($)770,000        1.80%     26/7/2024         617,517       0.00%
     European   Investment    Bank                 EUR500,000       1.00%     14/3/2031         615,194       0.00%
     European   Stability   Mechanism                   $600,000      1.38%     11/9/2024         606,381       0.00%
     European   Financial   Stability   Facility              EUR500,000       2.13%     19/2/2024         600,387       0.00%
     Corp.  Andina   de Fomento                   $600,000      1.25%     26/10/2024         597,241       0.00%
                                149/362


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     European   Investment    Bank                 EUR400,000       3.00%     14/10/2033         597,092       0.00%
     International    Development     Association                $600,000      0.88%     28/4/2026         589,667       0.00%
     European   Financial   Stability   Facility              EUR610,000       0.05%     18/1/2052         589,431       0.00%
     European   Stability   Mechanism                  EUR500,000       0.50%      2/3/2026        585,876       0.00%
     Asian  Development     Bank                 EUR515,000       0.00%     24/10/2029         579,466       0.00%
     European   Union                     EUR500,000       0.00%      6/7/2026        576,950       0.00%
     European   Bank  for Reconstruction     & Development             $550,000      2.75%      7/3/2023        564,152       0.00%
     European   Investment    Bank                 EUR400,000       2.75%     13/9/2030         560,702       0.00%
     Asian  Development     Bank                  $480,000      3.13%     26/9/2028         530,323       0.00%
     Arab  Petroleum    Investments    Corp.               $500,000      4.13%     18/9/2023         528,257       0.00%
     European   Investment    Bank                  $500,000      2.50%     15/10/2024         520,965       0.00%
     Council   Of Europe   Development     Bank              $500,000      2.50%     27/2/2024         517,777       0.00%
     Asian  Development     Bank                  $500,000      1.88%     24/1/2030         513,353       0.00%
     International    Bank  for Reconstruction     & Development           EUR500,000       0.25%     10/1/2050         512,068       0.00%
     International    Development     Association                $495,000      2.75%     24/4/2023         508,682       0.00%
     Asian  Development     Bank                  $500,000      1.63%     24/1/2023         505,974       0.00%
     International    Finance   Corp.                  $500,000      1.38%     16/10/2024         505,500       0.00%
     European   Investment    Bank                 GBP200,000       4.63%     12/10/2054         502,222       0.00%
     Nordic  Investment    Bank                   $500,000      0.38%     19/5/2023         498,383       0.00%
     Asian  Development     Bank                  $500,000      1.50%      4/3/2031        497,000       0.00%
     Asian  Infrastructure     Investment    Bank              $500,000      0.50%     28/5/2025         489,155       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Inter-American     Development     Bank               $500,000      1.13%     20/7/2028         488,583       0.00%
     European   Bank  for Reconstruction     & Development             $500,000      0.50%     28/1/2026         485,352       0.00%
     International    Finance   Corp.                  $500,000      0.75%     27/8/2030         467,376       0.00%
     International    Bank  for Reconstruction     & Development          CA($)610,000        0.88%     28/9/2027         461,656       0.00%
     African   Development     Bank                 EUR400,000       0.13%     7/10/2026         458,991       0.00%
     Nordic  Investment    Bank                  EUR400,000       0.00%      6/4/2023        458,194       0.00%
     International    Bank  for Reconstruction     & Development          CA($)555,000        1.90%     16/1/2025         446,095       0.00%
     Council   Of Europe   Development     Bank              $450,000      0.25%     20/10/2023         445,980       0.00%
     International    Bank  for Reconstruction     & Development            $400,000      7.63%     19/1/2023         429,618       0.00%
     International    Bank  for Reconstruction     & Development          CA($)555,000        0.75%      2/7/2025        428,969       0.00%
     European   Bank  for Reconstruction     & Development             $420,000      1.63%     27/9/2024         427,482       0.00%
     African   Export-Import     Bank                  $400,000      3.99%     21/9/2029         413,171       0.00%
     Corp.  Andina   de Fomento                   $400,000      2.75%      6/1/2023        407,593       0.00%
     Asian  Development     Bank                  $400,000      1.75%     19/9/2029         406,188       0.00%
     Council   Of Europe   Development     Bank              $400,000      1.38%     27/2/2025         403,684       0.00%
     Inter-American     Development     Bank              AU($)500,000        4.75%     27/8/2024         397,264       0.00%
     International    Bank  for Reconstruction     & Development          AU($)500,000        3.00%     19/10/2026         384,377       0.00%
     International    Bank  for Reconstruction     & Development          AU($)500,000        2.20%     27/2/2024         373,140       0.00%
     European   Investment    Bank                 GBP200,000       6.00%     7/12/2028         359,021       0.00%
     Asian  Development     Bank                  $360,000      1.25%      9/6/2028        355,611       0.00%
     European   Financial   Stability   Facility              EUR300,000       0.40%     17/2/2025         349,389       0.00%
     EUROFIMA                        EUR300,000       0.25%     25/4/2023         344,209       0.00%
     Nordic  Investment    Bank                   $350,000      0.50%     21/1/2026         340,076       0.00%
     European   Investment    Bank                  $350,000      0.75%     23/9/2030         327,414       0.00%
     European   Stability   Mechanism                  EUR200,000       1.85%     1/12/2055         315,706       0.00%
     European   Investment    Bank                  $300,000      2.13%     13/4/2026         310,969       0.00%
     Nordic  Investment    Bank                   $300,000      2.25%     21/5/2024         309,665       0.00%
     Asian  Development     Bank                  $300,000      2.00%     24/4/2026         309,213       0.00%
                                150/362


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     Council   Of Europe   Development     Bank              $300,000      2.63%     13/2/2023         306,801       0.00%
     IDB  Trust  Services   Ltd.                   $300,000      2.26%     26/9/2022         302,939       0.00%
     Inter-American     Development     Bank              CA($)375,000        1.70%     10/10/2024         299,614       0.00%
     Nordic  Investment    Bank                   $300,000      0.38%     20/9/2024         295,402       0.00%
     European   Financial   Stability   Facility              EUR250,000       1.88%     23/5/2023         294,045       0.00%
     Council   Of Europe   Development     Bank              $300,000      0.88%     22/9/2026         293,922       0.00%
     European   Stability   Mechanism                   $300,000      0.38%     10/9/2025         291,146       0.00%
     International    Development     Association                $300,000      0.38%     23/9/2025         290,810       0.00%
     International    Development     Association                $300,000      1.00%     3/12/2030         285,743       0.00%
     Council   Of Europe   Development     Bank              $285,000      0.38%     10/6/2024         281,353       0.00%
     International    Finance   Corp.                 GBP200,000       1.25%     15/12/2023         272,833       0.00%
     European   Investment    Bank                  $250,000      2.38%     24/5/2027         262,787       0.00%
     European   Investment    Bank                  $270,000      0.63%     21/10/2027         257,827       0.00%
     European   Financial   Stability   Facility              EUR150,000       3.38%      3/4/2037        244,658       0.00%
     Asian  Development     Bank                  $225,000      2.75%     19/1/2028         242,332       0.00%
     European   Investment    Bank                AU($)300,000        4.75%      7/8/2024        238,219       0.00%
     European   Financial   Stability   Facility              EUR150,000       3.00%      4/9/2034        227,505       0.00%
     Inter-American     Development     Bank              CA($)255,000        4.40%     26/1/2026         224,660       0.00%
     Banque   Ouest  Africaine   de Developpement                $200,000      5.00%     27/7/2027         220,711       0.00%
     Asian  Development     Bank                  $200,000      2.63%     12/1/2027         212,352       0.00%
     African   Export-Import     Bank                  $200,000      4.13%     20/6/2024         209,536       0.00%
     Africa  Finance   Corp.                    $200,000      3.88%     13/4/2024         209,500       0.00%
     Nordic  Investment    Bank                   $200,000      2.88%     19/7/2023         206,724       0.00%
     European   Bank  for Reconstruction     & Development             $200,000      1.50%     13/2/2025         202,687       0.00%
     Inter-American     Development     Bank              CA($)265,000        0.88%     27/8/2027         200,699       0.00%
     Council   Of Europe   Development     Bank              $200,000      0.25%     10/6/2023         198,925       0.00%
     Arab  Petroleum    Investments    Corp.               $200,000      1.48%     6/10/2026         197,888       0.00%
     Asian  Development     Bank                 CA($)208,000        4.65%     16/2/2027         189,171       0.00%
     European   Investment    Bank                 EUR100,000       3.63%     14/3/2042         181,877       0.00%
     European   Union                     EUR100,000       3.38%      4/4/2038        166,167       0.00%
     European   Investment    Bank                CA($)200,000        2.38%     18/1/2023         160,893       0.00%
     International    Finance   Corp.                CA($)200,000        1.38%     13/9/2024         158,703       0.00%
     Inter-American     Development     Bank               $150,000      3.00%     4/10/2023         155,962       0.00%
     Inter-American     Development     Bank               $150,000      2.00%     23/7/2026         154,605       0.00%
     Inter-American     Development     Bank              CA($)175,000        0.75%     15/10/2025         134,758       0.00%
     Asian  Development     Bank                  $110,000      2.38%     10/8/2027         115,700       0.00%
     EUROFIMA                       CA($)100,000        4.55%     30/3/2027         89,504      0.00%
     International    Finance   Corp.                CA($)100,000        2.38%     19/7/2023         80,826      0.00%
     European   Investment    Bank                  $75,000      1.63%     9/10/2029         75,443      0.00%
     International    Bank  for Reconstruction     & Development          CA($)90,000       1.95%     20/9/2029         71,798      0.00%
     Inter-American     Development     Bank                $50,000      3.88%     28/10/2041          63,984      0.00%
     Asian  Development     Bank                   $40,000      2.13%     19/3/2025         41,334      0.00%
                                                 603,984,978        2.58%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     スウェーデン    0.78%  (2020:  0.76%)
     Swedbank   Hypotek   AB               SEK(kr)110,200,000          1.00%     18/9/2024        12,406,640        0.05%
     Stadshypotek     AB                 SEK(kr)100,000,000          0.50%      1/6/2026       10,970,659        0.05%
     Sveriges   Sakerstallda    Obligationer    AB          SEK(kr)90,000,000          0.50%     11/6/2025        9,949,168       0.04%
     Svensk   Exportkredit    AB                 $8,000,000       0.50%     10/11/2023         7,953,337       0.04%
     Sweden   Government    Bond               SEK(kr)57,500,000          0.75%     12/11/2029         6,633,379       0.03%
                                151/362


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     Sweden   Government    Bond               SEK(kr)55,000,000          1.50%     13/11/2023         6,266,555       0.03%
     Stadshypotek     AB                 SEK(kr)50,000,000          1.50%      1/6/2023        5,641,506       0.03%
     Skandinaviska     Enskilda   Banken   AB           SEK(kr)50,000,000          1.00%     18/12/2024         5,629,142       0.03%
     Nordea   Hypotek   AB                SEK(kr)50,000,000          1.00%     17/9/2025        5,621,465       0.03%
     Lansforsakringar      Hypotek   AB             SEK(kr)35,000,000          1.25%     20/9/2023        3,946,092       0.02%
     Lansforsakringar      Hypotek   AB             SEK(kr)35,100,000          1.00%     15/9/2027        3,908,250       0.02%
     Danske   Hypotek   AB                SEK(kr)32,000,000          1.00%     20/12/2023         3,596,822       0.02%
     Swedbank   AB＾                    EUR3,000,000        1.50%     18/9/2028        3,480,474       0.02%
     Sweden   Government    Bond               SEK(kr)29,280,000          1.38%     23/6/2071        3,193,135       0.01%
     Sweden   Government    Bond               SEK(kr)26,000,000          1.00%     12/11/2026         3,000,918       0.01%
     Skandinaviska     Enskilda   Banken   AB             EUR2,600,000        0.63%     30/1/2023        2,992,549       0.01%
     Stadshypotek     AB                 SEK(kr)26,000,000          1.00%      3/9/2025        2,923,566       0.01%
     Kommuninvest     ISverige   AB              SEK(kr)25,000,000          0.75%     22/2/2023        2,787,571       0.01%
     Swedbank   AB＾                    EUR2,150,000        0.30%     20/5/2027        2,426,974       0.01%
     Svensk   Exportkredit    AB                 $2,400,000       0.63%     14/5/2025        2,356,633       0.01%
     Sveriges   Sakerstallda    Obligationer    AB            EUR2,000,000        0.63%     30/10/2025         2,335,080       0.01%
     Lansforsakringar      Hypotek   AB               EUR2,000,000        0.63%     29/1/2026        2,333,587       0.01%
     Sweden   Government    Bond               SEK(kr)22,000,000          0.50%     24/11/2045         2,318,645       0.01%
     Nordea   Hypotek   AB                SEK(kr)20,000,000          1.25%     20/9/2023        2,254,883       0.01%
     Nordea   Hypotek   AB                SEK(kr)20,000,000          1.00%     18/9/2024        2,252,034       0.01%
     Kommuninvest     ISverige   AB              SEK(kr)20,000,000          1.00%     13/11/2023         2,247,177       0.01%
     Kommuninvest     ISverige   AB              SEK(kr)18,000,000          1.00%     12/11/2026         2,023,373       0.01%
     Sweden   Government    Bond               SEK(kr)12,000,000          3.50%     30/3/2039        1,981,570       0.01%
     Svensk   Exportkredit    AB                 $1,750,000       0.25%     29/9/2023        1,734,108       0.01%
     Swedbank   Hypotek   AB                 EUR1,500,000        0.45%     23/8/2023        1,730,145       0.01%
     Svenska   Handelsbanken     AB               EUR1,500,000        0.05%      6/9/2028        1,665,017       0.01%
     Svensk   Exportkredit    AB                GBP1,150,000        0.13%     15/12/2025         1,498,905       0.01%
     Swedbank   AB                     $1,500,000       0.60%     25/9/2023        1,491,241       0.01%
     Skandinaviska     Enskilda   Banken   AB              $1,350,000       2.20%     12/12/2022         1,370,837       0.01%
     Stadshypotek     AB                 SEK(kr)12,000,000          1.50%     3/12/2024        1,370,049       0.01%
     Sagax  Euro  Mtn  NL BV                 EUR1,200,000        1.00%     17/5/2029        1,326,720       0.01%
     Stadshypotek     AB                 SEK(kr)10,000,000          2.00%      1/9/2028        1,178,660       0.01%
     Stadshypotek     AB                   EUR1,000,000        0.38%     13/3/2026        1,157,834       0.01%
     Swedbank   AB＾                    EUR1,000,000        1.00%     22/11/2027         1,146,117       0.01%
     Svenska   Handelsbanken     AB               EUR1,000,000        0.13%     18/6/2024        1,144,153       0.01%
     Skandinaviska     Enskilda   Banken   AB             EUR1,000,000        0.05%      1/7/2024        1,141,933       0.01%
     Volvo  Treasury   AB                  EUR1,000,000        0.00%      9/5/2024        1,138,456       0.01%
     Swedbank   Hypotek   AB                 EUR980,000       0.05%     28/5/2025        1,120,751       0.01%
     Vattenfall   AB                     EUR990,000       0.13%     12/2/2029        1,096,552       0.01%
     Svenska   Handelsbanken     AB                GBP800,000       1.63%     15/12/2023         1,093,985       0.01%
     Skandinaviska     Enskilda   Banken   AB＾             EUR833,000       1.38%     31/10/2028         967,187       0.01%
     Sweden   Government    Bond               SEK(kr)8,000,000         2.50%     12/5/2025         959,365       0.01%
     Fastighets    AB Balder                   EUR800,000       1.88%     14/3/2025         947,122       0.01%
     Fastighets    AB Balder                   EUR800,000       1.13%     29/1/2027         918,846       0.01%
     Swedbank   AB                    EUR800,000       0.25%     2/11/2026         908,056       0.01%
     Danske   Hypotek   AB                SEK(kr)8,000,000         1.00%     21/12/2022         892,721       0.00%
     Kommuninvest     ISverige   AB                 $900,000      0.38%     19/6/2024         887,648       0.00%
     SBB  Treasury   OYJ                   EUR800,000       1.13%     26/11/2029         878,903       0.00%
     Kommuninvest     ISverige   AB              SEK(kr)7,500,000         0.88%     16/5/2029         822,219       0.00%
     Samhallsbyggnadsbolaget        iNorden   AB            EUR700,000       1.13%      4/9/2026        802,427       0.00%
     Skandinaviska     Enskilda   Banken   AB             EUR700,000       0.38%     11/2/2027         795,612       0.00%
     Heimstaden    Bostad   Treasury   BV              EUR700,000       1.00%     13/4/2028         792,596       0.00%
                                152/362

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     Svenska   Handelsbanken     AB                EUR700,000       0.05%      3/9/2026        789,418       0.00%
     Sweden   Government    Bond               SEK(kr)7,000,000         3.50%      1/6/2022        785,412       0.00%
     Balder  Finland   OYJ                   EUR700,000       1.38%     24/5/2030         779,103       0.00%
     Balder  Finland   OYJ                   EUR700,000       1.00%     20/1/2029         770,944       0.00%
     Essity  AB                      EUR700,000       0.25%      8/2/2031        761,170       0.00%
     Akelius   Residential    Property   Financing   BV           EUR700,000       0.75%     22/2/2030         753,126       0.00%
     Svenska   Handelsbanken     AB                 $700,000      3.90%     20/11/2023         739,270       0.00%
     Svenska   Handelsbanken     AB＾                EUR600,000       1.63%      5/3/2029        701,806       0.00%
     Samhallsbyggnadsbolaget        iNorden   AB            EUR600,000       1.00%     12/8/2027         675,247       0.00%
     Svenska   Handelsbanken     AB                 $650,000      0.63%     30/6/2023         648,139       0.00%
     Sveriges   Sakerstallda    Obligationer    AB            EUR500,000       1.25%     19/4/2033         621,311       0.00%
     Akelius   Residential    Property   AB              EUR528,000       1.13%     14/3/2024         613,075       0.00%
     Kommuninvest     ISverige   AB                 $600,000      0.50%     29/11/2024         590,680       0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Samhallsbyggnadsbolaget        iNorden   AB             EUR500,000       1.75%     14/1/2025         587,192      0.00%
     Tele2  AB                       EUR500,000       1.13%     15/5/2024         581,479      0.00%
     Swedbank   AB                     EUR500,000       0.75%      5/5/2025        581,310      0.00%
     Securitas   AB                     EUR500,000       1.13%     20/2/2024         579,218      0.00%
     Heimstaden    Bostad   Treasury   BV               EUR500,000       1.63%     13/10/2031         570,350      0.00%
     Skandinaviska     Enskilda   Banken   AB＾              EUR500,000       0.75%     3/11/2031         565,562      0.00%
     Akelius   Residential    Property   Financing   BV            EUR500,000       1.13%     11/1/2029         560,110      0.00%
     SBB  Treasury   OYJ                    EUR500,000       0.75%     14/12/2028         543,030      0.00%
     Sweden   Government    Bond                SEK(kr)4,000,000         2.25%      1/6/2032        530,348      0.00%
     Telia  Co. AB                     EUR400,000       2.13%     20/2/2034         509,350      0.00%
     Svenska   Handelsbanken     AB                  $500,000      0.55%     11/6/2024         493,107      0.00%
     Skandinaviska     Enskilda   Banken   AB               $500,000      0.65%      9/9/2024        492,734      0.00%
     Svensk   Exportkredit    AB                   $500,000      0.38%     30/7/2024         492,309      0.00%
     Svenska   Handelsbanken     AB＾                  $500,000      1.42%     11/6/2027         491,627      0.00%
     Skandinaviska     Enskilda   Banken   AB               $500,000      1.20%      9/9/2026        490,650      0.00%
     Vattenfall   AB                     EUR400,000       0.50%     24/6/2026         461,416      0.00%
     Swedbank   AB                     EUR400,000       0.40%     29/8/2023         459,851      0.00%
     Svenska   Handelsbanken     AB                 EUR390,000       1.00%     15/4/2025         458,037      0.00%
     Vattenfall   AB                     EUR400,000       0.05%     15/10/2025         454,049      0.00%
     Essity  AB                      EUR400,000       0.50%      3/2/2030        449,698      0.00%
     Atlas  Copco  AB                    EUR370,000       0.63%     30/8/2026         429,598      0.00%
     Swedbank   AB                      $400,000      1.30%      2/6/2023        402,343      0.00%
     Kommuninvest     ISverige   AB                  $400,000      0.38%     16/2/2024         396,101      0.00%
     Kommuninvest     ISverige   AB                  $400,000      0.63%     15/9/2025         391,391      0.00%
     Telia  Co. AB                     EUR300,000       1.63%     23/2/2035         364,174      0.00%
     Securitas   AB                     EUR300,000       1.25%      6/3/2025        350,588      0.00%
     Heimstaden    Bostad   AB                  EUR300,000       1.13%     21/1/2026         347,748      0.00%
     Autoliv,   Inc.                      EUR300,000       0.75%     26/6/2023         344,596      0.00%
     Akelius   Residential    Property   Financing   BV            EUR300,000       1.00%     17/1/2028         337,617      0.00%
     Kommuninvest     ISverige   AB                  $300,000      0.25%     15/9/2023         297,509      0.00%
     Akelius   Residential    Property   AB               GBP200,000       2.38%     15/8/2025         277,334      0.00%
     Tele2  AB                       EUR200,000       2.13%     15/5/2028         246,062      0.00%
     Vattenfall   AB                     GBP100,000       6.88%     15/4/2039         229,938      0.00%
     Heimstaden    Bostad   Treasury   BV               EUR200,000       0.25%     13/10/2024         227,801      0.00%
     Tele2  AB                       EUR200,000       0.75%     23/3/2031         222,429      0.00%
                                153/362


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     Svensk   Exportkredit    AB                   $200,000      2.88%     14/3/2023         205,387      0.00%
     Swedbank   AB                      $200,000      0.85%     18/3/2024         198,680      0.00%
     Kommuninvest     ISverige   AB                  $200,000      0.25%      9/8/2023        198,530      0.00%
     Svensk   Exportkredit    AB                   $200,000      0.63%     7/10/2024         197,821      0.00%
     Sweden   Government    International    Bond              $100,000      2.38%     15/2/2023         102,034      0.00%
                                                  181,757,158        0.78%
     スイス  0.90%  (2020:  0.87%)
     Swiss  Confederation     Government    Bond            CHF22,300,000        1.25%     28/5/2026        26,290,748        0.11%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG     CHF7,400,000        0.00%     19/7/2030        8,032,815       0.04%
     Swiss  Confederation     Government    Bond             CHF4,000,000        1.25%     11/6/2024        4,588,831       0.02%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF3,900,000        0.75%     28/11/2034        4,538,462       0.02%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG     CHF4,000,000        0.13%     12/3/2024        4,444,734       0.02%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG     CHF4,000,000        0.00%     25/7/2023        4,427,178       0.02%
     Swiss  Confederation     Government    Bond             CHF2,425,000        4.00%      8/4/2028        3,387,745       0.02%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF2,980,000        0.38%     12/5/2027        3,354,097       0.02%
     Credit  Suisse  Group  AG                  $2,931,000       4.55%     17/4/2026        3,227,753       0.01%
     Swiss  Confederation     Government    Bond             CHF2,850,000        0.00%     26/6/2034        3,149,194       0.01%
     Credit  Suisse  Group  AG                  $3,075,000       3.57%      9/1/2023        3,076,264       0.01%
     Swiss  Confederation     Government    Bond             CHF2,500,000        0.50%     28/6/2045        3,072,991       0.01%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG     CHF2,500,000        0.70%      4/3/2039        2,948,668       0.01%
     Helvetia   Europe   SA＾                  EUR2,320,000        2.75%     30/9/2041        2,822,730       0.01%
     Zuercher   Kantonalbank                     CHF2,500,000        0.13%     13/5/2026        2,776,894       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF2,000,000        1.88%     15/9/2031        2,556,235       0.01%
     Swiss  Confederation     Government    Bond             CHF1,615,000        2.50%      8/3/2036        2,401,365       0.01%
     Swiss  Confederation     Government    Bond             CHF2,000,000        0.50%     27/6/2032        2,334,119       0.01%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG     CHF2,000,000        0.63%     1/11/2030        2,288,307       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF2,000,000        0.50%     15/6/2029        2,266,875       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF2,000,000        0.13%      6/9/2028        2,211,730       0.01%
     UBS  Group  AG                     $2,000,000       4.25%     23/3/2028        2,211,228       0.01%
     UBS  Group  AG                    CHF2,000,000        0.44%     9/11/2028        2,207,008       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF2,000,000        0.25%     14/10/2036        2,180,018       0.01%
     Credit  Suisse  Group  AG                  $1,800,000       4.28%      9/1/2028        1,957,850       0.01%
     Swiss  Confederation     Government    Bond             CHF1,700,000        0.00%     22/6/2029        1,899,570       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF1,600,000        0.50%     17/6/2041        1,835,018       0.01%
     UBS  Group  AG                     $1,750,000       3.49%     23/5/2023        1,768,017       0.01%
     Swiss  Confederation     Government    Bond             CHF1,200,000        1.50%     30/4/2042        1,714,040       0.01%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF1,500,000        0.50%     5/10/2035        1,695,667       0.01%
     Credit  Suisse  Group  AG                  $1,550,000       3.75%     26/3/2025        1,646,408       0.01%
     Roche  Finance   Europe   BV                EUR1,400,000        0.50%     27/2/2023        1,605,267       0.01%
     Swiss  Confederation     Government    Bond             CHF700,000       4.00%      6/1/2049        1,603,070       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF1,400,000        1.00%     21/5/2024        1,588,550       0.01%
     Swiss  Confederation     Government    Bond             CHF700,000       2.00%     25/6/2064        1,475,068       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF1,300,000        1.13%     16/11/2023        1,470,518       0.01%
     Credit  Suisse  AG                   EUR1,300,000        0.25%      1/9/2028        1,433,359       0.01%
     Swiss  Re Finance   Luxembourg    SA＾               $1,200,000       5.00%      2/4/2049        1,346,108       0.01%
     Credit  Suisse  Group  AG                  $1,060,000       4.88%     15/5/2045        1,340,666       0.01%
     Canton   of Vaud                    CHF1,000,000        2.00%     24/10/2033        1,339,555       0.01%
     Credit  Suisse  Group  AG＾                  $1,250,000       3.87%     12/1/2029        1,337,823       0.01%
     Credit  Suisse  Schweiz   AG                CHF1,200,000        0.00%     31/7/2025        1,327,818       0.01%
                                154/362


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     Glencore   Finance   Europe   Ltd.               EUR1,100,000        1.88%     13/9/2023        1,284,586       0.01%
     Argentum   Netherlands    BV for Zurich  Insurance   Co.,  Ltd.＾       EUR1,000,000        3.50%     1/10/2046        1,270,248       0.01%
     Canton   of Basel-Landschaft                    CHF1,000,000        1.38%     29/9/2034        1,261,470       0.01%
     Zurich  Finance   Ireland  Designated    Activity   Co.          EUR1,000,000        1.63%     17/6/2039        1,226,461       0.01%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG     CHF1,000,000        1.38%     19/3/2027        1,183,416       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF1,000,000        1.50%     15/12/2025        1,173,264       0.01%
     Swiss  Confederation     Government    Bond             CHF1,000,000        0.50%     27/5/2030        1,161,485       0.01%
     Roche  Holdings,   Inc.                   $1,175,000       2.61%     13/12/2051        1,152,831       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF1,000,000        0.63%     23/1/2037        1,152,385       0.01%
     Novartis   Finance   SA                  EUR1,000,000        0.50%     14/8/2023        1,151,388       0.01%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG     CHF1,000,000        0.63%     16/7/2029        1,143,644       0.01%
     Credit  Suisse  AG                   EUR1,000,000        0.25%      5/1/2026        1,133,526       0.01%
     Nestle  Finance   International    Ltd.              EUR1,000,000        0.00%     14/6/2026        1,133,438       0.01%
     UBS  AG                      EUR1,000,000        0.50%     31/3/2031        1,118,890       0.01%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG     CHF1,000,000        1.00%     13/2/2023        1,117,383       0.01%
     UBS  Group  AG＾                    EUR1,000,000        0.25%     5/11/2028        1,117,335       0.01%
     Credit  Suisse  Group  AG                 CHF1,000,000        1.00%     14/4/2023        1,111,192       0.01%
     Credit  Suisse  Group  AG                 EUR1,000,000        0.63%     18/1/2033        1,059,061       0.01%
     Swiss  Confederation     Government    Bond             CHF750,000       0.50%     30/5/2058        1,008,416       0.01%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF800,000       1.50%      2/8/2033        1,003,745       0.01%
     Nestle  Finance   International    Ltd.               EUR900,000       0.38%     12/5/2032        1,003,462       0.01%
     Credit  Suisse  AG                    $1,000,000       1.00%      5/5/2023        1,002,600       0.01%
     Credit  Suisse  Group  AG＾                   $900,000      4.19%      1/4/2031        992,975      0.01%
     Credit  Suisse  AG                    $1,000,000       0.50%      2/2/2024        987,956      0.01%
     Nestle  Finance   International    Ltd.               EUR865,000       0.88%     14/6/2041         960,751      0.01%
     Novartis   Finance   SA                   EUR800,000       1.13%     30/9/2027         956,317      0.01%
     Swiss  Confederation     Government    Bond             CHF700,000       3.25%     27/6/2027         921,752      0.01%
     Holcim   Finance   Luxembourg    SA               EUR800,000       0.50%     29/11/2026         917,554      0.01%
     UBS  Group  AG＾                     EUR800,000       0.25%     3/11/2026         906,137      0.01%
     Glencore   Finance   Canada   Ltd.                 $715,000      5.55%     25/10/2042         903,199      0.00%
     Argentum   Netherlands    BV for Givaudan   SA           EUR700,000       2.00%     17/9/2030         888,049      0.00%
     Argentum   Netherlands    BV for Swiss  Life AG＾           EUR700,000       4.38%      Perpetual        882,878      0.00%
     Argentum   Netherlands    BV for Zurich  Insurance   Co.,  Ltd.＾       EUR700,000       2.75%     19/2/2049         870,656      0.00%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF750,000       1.25%     29/9/2023         848,623      0.00%
     UBS  Group  AG                      $750,000      4.13%     15/4/2026         818,940      0.00%
     Roche  Holdings,   Inc.                    $775,000      3.00%     10/11/2025         818,228      0.00%
     Roche  Holdings,   Inc.                    $770,000      3.35%     30/9/2024         812,853      0.00%
     UBS  Group  AG＾                      $800,000      1.01%     30/7/2024         797,757      0.00%
     Basellandschaftliche        Kantonalbank                 CHF700,000       0.38%     13/5/2030         781,633      0.00%
     UBS  Group  AG＾                      $800,000      1.49%     10/8/2027         780,593      0.00%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF700,000       0.38%      8/7/2039        779,528      0.00%
     Holcim   Finance   Luxembourg    SA               EUR700,000       0.50%      3/9/2030        766,319      0.00%
     Tyco  Electronics    Group  SA                 EUR700,000       0.00%     16/2/2029         764,438      0.00%
     Roche  Holdings,   Inc.                    $750,000      1.93%     13/12/2028         754,410      0.00%
     Zurich  Finance   Australia   Ltd.               AU($)1,000,000        3.48%     31/5/2023         751,646      0.00%
     Holcim   Finance   Luxembourg    SA               EUR700,000       0.63%     19/1/2033         749,070      0.00%
     Roche  Holdings,   Inc.                    $750,000      2.08%     13/12/2031         747,868      0.00%
     Canton   of Zurich                     CHF600,000       1.25%     3/12/2032         741,245      0.00%
     Novartis   Finance   SA                   EUR600,000       1.38%     14/8/2030         734,586      0.00%
     Swiss  Re Finance   UK plc＾                 EUR600,000       2.71%      4/6/2052        729,577      0.00%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF600,000       1.00%     25/1/2036         723,363      0.00%
     Richemont    International    Holding   SA              EUR600,000       1.00%     26/3/2026         703,787      0.00%
                                155/362

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     Tyco  Electronics    Group  SA                 EUR600,000       0.00%     14/2/2025         681,365      0.00%
     Credit  Suisse  Group  AG＾                  GBP500,000       2.13%     12/9/2025         681,012      0.00%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG      CHF600,000       0.50%     30/3/2034         677,850      0.00%
     Richemont    International    Holding   SA              EUR500,000       1.63%     26/5/2040         609,157      0.00%
     Coca-Cola    HBC  Finance   BV                EUR500,000       1.63%     14/5/2031         605,799      0.00%
     Novartis   Capital   Corp.                    $555,000      3.10%     17/5/2027         593,649      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Swiss  Confederation     Government    Bond             CHF500,000       1.50%     24/7/2025         587,959      0.00%
     UBS  AG                        $600,000      1.25%      1/6/2026        587,650      0.00%
     Credit  Suisse  Group  AG＾                  EUR500,000       1.25%     17/7/2025         581,197      0.00%
     Pfandbriefzentrale      der schweizerischen     Kantonalbanken     AG      CHF500,000       1.63%     31/10/2024         579,726      0.00%
     Richemont    International    Holding   SA              EUR450,000       2.00%     26/3/2038         577,811      0.00%
     Novartis   Capital   Corp.                    $500,000      3.70%     21/9/2042         576,913      0.00%
     Nestle  Finance   International    Ltd.               EUR500,000       0.00%     12/11/2024         570,494      0.00%
     Nestle  Holdings,   Inc.                    $530,000      3.50%     24/9/2025         568,109      0.00%
     Pfandbriefbank     schweizerischer     Hypothekarinstitute       AG       CHF475,000       0.75%     18/10/2038         561,851      0.00%
     Adecco   International    Financial   Services   BV＾           EUR500,000       1.00%     21/3/2082         560,261      0.00%
     Swiss  Confederation     Government    Bond             CHF350,000       3.50%      8/4/2033        539,518      0.00%
     Glencore   Funding   LLC                    $500,000      4.63%     29/4/2024         533,801      0.00%
     Tyco  Electronics    Group  SA                  $500,000      3.13%     15/8/2027         533,753      0.00%
     Canton   of Geneva   Switzerland                  CHF420,000       1.50%      5/3/2032        525,436      0.00%
     Alcon  Finance   Corp.                     $500,000      3.00%     23/9/2029         523,891      0.00%
     Swiss  Confederation     Government    Bond             CHF400,000       1.25%     27/6/2037         522,661      0.00%
     Roche  Holdings,   Inc.                    $425,000      4.00%     28/11/2044         511,015      0.00%
     Novartis   Capital   Corp.                    $500,000      2.20%     14/8/2030         507,613      0.00%
     Credit  Suisse  Group  AG＾                   $500,000      2.19%      5/6/2026        503,116      0.00%
     Holcim   Finance   Luxembourg    SA               EUR400,000       2.25%     26/5/2028         501,593      0.00%
     UBS  AG                        $500,000      0.70%      9/8/2024        493,846      0.00%
     UBS  Group  AG＾                      $500,000      2.10%     11/2/2032         483,788      0.00%
     Richemont    International    Holding   SA              EUR400,000       0.75%     26/5/2028         464,884      0.00%
     UBS  AG                       EUR400,000       0.75%     21/4/2023         460,270      0.00%
     Nestle  Finance   International    Ltd.               EUR400,000       0.75%     16/5/2023         460,216      0.00%
     Nestle  Finance   International    Ltd.               EUR400,000       0.00%     3/12/2025         454,207      0.00%
     Novartis   Capital   Corp.                    $440,000      2.00%     14/2/2027         448,156      0.00%
     Roche  Holdings,   Inc.                    $425,000      2.63%     15/5/2026         444,168      0.00%
     Holcim   Finance   Luxembourg    SA               EUR400,000       0.50%     23/4/2031         432,075      0.00%
     Holcim   Sterling   Finance   Netherlands    BV            GBP300,000       3.00%     12/5/2032         430,177      0.00%
     Sika  Capital   BV                    EUR350,000       1.50%     29/4/2031         426,168      0.00%
     Swiss  Confederation     Government    Bond             CHF320,000       0.50%     24/5/2055         423,102      0.00%
     Nestle  Finance   International    Ltd.               EUR400,000       0.38%     3/12/2040         411,768      0.00%
     Swiss  Confederation     Government    Bond             CHF300,000       2.25%     22/6/2031         404,253      0.00%
     Holcim   Sterling   Finance   Netherlands    BV            GBP300,000       2.25%      4/4/2034        398,367      0.00%
     UBS  AG                        $400,000      0.38%      1/6/2023        396,916      0.00%
     Adecco   International    Financial   Services   BV           EUR355,000       0.13%     21/9/2028         392,181      0.00%
     UBS  Group  AG＾                      $400,000      1.36%     30/1/2027         391,050      0.00%
     Adecco   International    Financial   Services   BV           EUR356,000       0.50%     21/9/2031         390,762      0.00%
     Credit  Suisse  AG                     $400,000      1.25%      7/8/2026        390,056      0.00%
     Holcim   Finance   US LLC                   $350,000      3.50%     22/9/2026         374,923      0.00%
     Credit  Suisse  AG                     $350,000      3.63%      9/9/2024        371,271      0.00%
     Credit  Suisse  Group  AG＾                  EUR300,000       3.25%      2/4/2026        371,065      0.00%
                                156/362


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     Firmenich   Productions    Participations     SAS            EUR300,000       1.75%     30/4/2030         368,901      0.00%
     Cloverie   plc for Zurich  Insurance   Co.,  Ltd.            EUR300,000       1.50%     15/12/2028         364,035      0.00%
     Novartis   Capital   Corp.                    $345,000      1.75%     14/2/2025         350,368      0.00%
     Novartis   Capital   Corp.                    $345,000      2.75%     14/8/2050         349,392      0.00%
     Credit  Suisse  Group  AG＾                  EUR300,000       1.00%     24/6/2027         345,379      0.00%
     Cloverie   plc for Zurich  Insurance   Co.,  Ltd.＾             $300,000      5.63%     24/6/2046         334,737      0.00%
     Novartis   Capital   Corp.                    $275,000      4.00%     20/11/2045         333,706      0.00%
     Roche  Holdings,   Inc.                    $300,000      0.45%      5/3/2024        296,381      0.00%
     Roche  Holdings,   Inc.                    $300,000      0.99%      5/3/2026        294,491      0.00%
     Credit  Suisse  Group  AG                   $250,000      3.80%      9/6/2023        259,132      0.00%
     Glencore   Funding   LLC                    $225,000      4.88%     12/3/2029         254,221      0.00%
     Tyco  Electronics    Group  SA                  $235,000      3.70%     15/2/2026         252,891      0.00%
     Alcon  Finance   Corp.                     $250,000      2.60%     27/5/2030         252,611      0.00%
     Holcim   Finance   US LLC                   $200,000      4.75%     22/9/2046         245,753      0.00%
     Coca-Cola    HBC  Finance   BV                EUR200,000       1.88%     11/11/2024         239,416      0.00%
     Barry  Callebaut   Services   NV                EUR200,000       2.38%     24/5/2024         238,260      0.00%
     Glencore   Funding   LLC                    $200,000      4.00%     16/4/2025         213,208      0.00%
     Novartis   Capital   Corp.                    $200,000      3.40%      6/5/2024        211,038      0.00%
     Roche  Holdings,   Inc.                    $200,000      2.38%     28/1/2027         207,776      0.00%
     Alcon  Finance   Corp.                     $200,000      2.75%     23/9/2026         206,850      0.00%
     Credit  Suisse  Group  AG＾                   $150,000      3.00%     14/12/2023         152,447      0.00%
     Novartis   Capital   Corp.                    $135,000      3.00%     20/11/2025         143,082      0.00%
     Adecco   International    Financial   Services   BV           EUR100,000       1.50%     22/11/2022         115,015      0.00%
     UBS  Group  AG                      $100,000      4.13%     24/9/2025         108,259      0.00%
     Glencore   Funding   LLC                    $100,000      4.13%     30/5/2023         104,083      0.00%
     Novartis   Capital   Corp.                     $55,000      4.40%      6/5/2044         70,482      0.00%
                                                  209,772,058        0.90%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     台湾  0.02%  (2020:  0.00%)
     TSMC  Global  Ltd.                    $2,000,000       1.38%     28/9/2030        1,858,867       0.01%
     TSMC  Global  Ltd.                    $700,000      1.75%     23/4/2028         688,615       0.01%
     TSMC  Arizona   Corp.                    $525,000      2.50%     25/10/2031         531,477       0.00%
     TSMC  Arizona   Corp.                    $525,000      1.75%     25/10/2026         525,261       0.00%
     TSMC  Arizona   Corp.                    $425,000      3.25%     25/10/2051         447,074       0.00%
     TSMC  Arizona   Corp.                    $425,000      3.13%     25/10/2041         442,968       0.00%
                                                  4,494,262       0.02%
     タンザニア    0.00%  (2020:  0.00%)
     AngloGold    Ashanti   Holdings   plc                $250,000      3.75%     1/10/2030         251,387       0.00%
     AngloGold    Ashanti   Holdings   plc                $200,000      3.38%     1/11/2028         198,077       0.00%
                                                   449,464       0.00%
     タイ 0.35%  (2020:  0.39%)
     Thailand   Government    Bond               THB192,450,000         3.30%     17/6/2038        6,309,418       0.03%
     Thailand   Government    Bond               THB200,000,000         0.95%     17/6/2025        5,992,985       0.03%
     Thailand   Government    Bond               THB180,000,000         2.40%     17/12/2023         5,572,027       0.02%
     Thailand   Government    Bond               THB140,000,000         1.60%     17/12/2029         4,150,940       0.02%
     Thailand   Government    Bond               THB120,000,000         3.65%     20/6/2031        4,135,937       0.02%
     Thailand   Government    Bond               THB130,000,000         0.75%     17/6/2024        3,893,556       0.02%
     Thailand   Government    Bond               THB123,000,000         1.45%     17/12/2024         3,748,501       0.02%
     Thailand   Government    Bond               THB110,000,000         2.88%     17/12/2028         3,562,374       0.02%
     Thailand   Government    Bond               THB95,000,000         3.40%     17/6/2036        3,163,014       0.01%
                                157/362

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     Thailand   Government    Bond               THB94,000,000         3.60%     17/6/2067        3,108,676       0.01%
     Thailand   Government    Bond               THB100,000,000         2.00%     17/12/2031         3,020,875       0.01%
     Thailand   Government    Bond               THB110,000,000         1.59%     17/12/2035         3,013,418       0.01%
     Thailand   Government    Bond               THB90,500,000         2.88%     17/6/2046        2,701,026       0.01%
     Thailand   Government    Bond               THB110,000,000         1.88%     17/6/2049        2,668,747       0.01%
     Thailand   Government    Bond               THB80,000,000         3.85%     12/12/2025         2,652,866       0.01%
     Thailand   Government    Bond               THB70,000,000         4.88%     22/6/2029        2,571,418       0.01%
     Thailand   Government    Bond               THB65,000,000         3.78%     25/6/2032        2,274,857       0.01%
     Thailand   Government    Bond               THB70,000,000         3.63%     16/6/2023        2,187,461       0.01%
     Thailand   Government    Bond               THB80,000,000         2.00%     17/6/2042        2,109,907       0.01%
     Siam  Commercial    Bank  PCL                 $1,800,000       3.90%     11/2/2024        1,892,481       0.01%
     Thailand   Government    Bond               THB55,000,000         3.58%     17/12/2027         1,849,969       0.01%
     Thailand   Government    Bond               THB50,285,000         4.00%     17/6/2066        1,822,438       0.01%
     Thailand   Government    Bond               THB60,000,000         1.00%     17/6/2027        1,762,562       0.01%
     Thailand   Government    Bond               THB34,400,000         4.68%     29/6/2044        1,337,742       0.01%
     PTTEP   Canada   International    Finance   Ltd.             $800,000      6.35%     12/6/2042        1,124,488       0.01%
     Thaioil  Treasury   Center   Co.,  Ltd.               $700,000      5.38%     20/11/2048         769,436       0.00%
     Thailand   Government    Bond               THB20,000,000         5.67%     13/3/2028         743,838       0.00%
     Thailand   Government    Bond               THB19,000,000         4.26%     12/12/2037         691,730       0.00%
     GC Treasury   Center   Co.,  Ltd.                $500,000      4.30%     18/3/2051         550,650       0.00%
     GC Treasury   Center   Co.,  Ltd.                $500,000      2.98%     18/3/2031         505,757       0.00%
     Thailand   Government    Bond               THB12,000,000         4.85%     17/6/2061         501,599       0.00%
     PTT  Treasury   Center   Co.,  Ltd.                $400,000      4.50%     25/10/2042         453,126       0.00%
     Bangkok   Bank  PCL＾                    $425,000      3.47%     23/9/2036         424,427       0.00%
     Thailand   Government    Bond               THB10,000,000         3.80%     14/6/2041         350,271       0.00%
     Thailand   Government    Bond               THB10,000,000         1.60%     17/6/2035         275,462       0.00%
     Thaioil  Treasury   Center   Co.,  Ltd.               $200,000      4.63%     20/11/2028         219,055       0.00%
                                                  82,113,034        0.35%
     アラブ首長国連邦      0.26%  (2020:  0.24%)
     Abu  Dhabi  Government    International    Bond            $3,500,000       3.13%     16/4/2030        3,793,413       0.02%
     Abu  Dhabi  Government    International    Bond            $3,400,000       3.13%      3/5/2026        3,620,718       0.02%
     Emirates   NBD  Bank  PJSC                AU($)5,000,000         3.05%     26/2/2030        3,590,827       0.02%
     Abu  Dhabi  Government    International    Bond            $2,700,000       3.88%     16/4/2050        3,156,713       0.01%
     Fab Sukuk  Co.,  Ltd.                   $2,400,000       3.88%     22/1/2024        2,538,668       0.01%
     Abu  Dhabi  Crude  Oil Pipeline   LLC              $1,900,000       3.65%     2/11/2029        2,090,758       0.01%
     Emirates   NBD  Bank  PJSC                  $2,000,000       2.63%     18/2/2025        2,065,390       0.01%
     Abu  Dhabi  Government    International    Bond            $1,800,000       2.50%     16/4/2025        1,869,489       0.01%
     DP World  Ltd.                     $1,600,000       4.70%     30/9/2049        1,749,131       0.01%
     MDGH   GMTN  RSC  Ltd.                  $1,500,000       3.70%     7/11/2049        1,662,512       0.01%
     Fab Sukuk  Co.,  Ltd.                   $1,500,000       3.63%      5/3/2023        1,552,444       0.01%
     Abu  Dhabi  Government    International    Bond            $1,500,000       3.13%     30/9/2049        1,535,900       0.01%
     DP World  Ltd.                    GBP900,000       4.25%     25/9/2030        1,363,769       0.01%
     Abu  Dhabi  Government    International    Bond            $1,300,000       2.13%     30/9/2024        1,330,993       0.01%
     Sharjah   Sukuk  Program   Ltd.                 $1,200,000       3.85%      3/4/2026        1,268,794       0.01%
     Galaxy  Pipeline   Assets  Bidco  Ltd.               $1,200,000       2.63%     31/3/2036        1,174,008       0.01%
     DP World  Crescent   Ltd.                  $1,100,000       3.75%     30/1/2030        1,163,830       0.01%
     Abu  Dhabi  National   Energy   Co. PJSC              $1,000,000       4.00%     3/10/2049        1,143,245       0.01%
     Abu  Dhabi  National   Energy   Co. PJSC              $1,000,000       4.38%     23/4/2025        1,087,852       0.01%
     Mashreqbank     PSC                    $1,000,000       4.25%     26/2/2024        1,052,540       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
                                158/362


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     DIB  Sukuk  Ltd.                     $1,000,000       3.63%      6/2/2023        1,026,708       0.01%
     Abu  Dhabi  Government    International    Bond            $1,000,000       0.75%      2/9/2023        996,772       0.01%
     Abu  Dhabi  Government    International    Bond             $800,000      4.13%     11/10/2047         961,440       0.01%
     Finance   Department    Government    of Sharjah            $1,000,000       4.00%     28/7/2050         907,063       0.00%
     Emirates   Telecommunications       Group  Co. PJSC          EUR800,000       0.88%     17/5/2033         904,971       0.00%
     Galaxy  Pipeline   Assets  Bidco  Ltd.               $900,000      2.94%     30/9/2040         896,326       0.00%
     Aldar  Sukuk  No 2 Ltd.                   $800,000      3.88%     22/10/2029         859,698       0.00%
     Abu  Dhabi  Government    International    Bond             $800,000      3.13%     11/10/2027         859,407       0.00%
     United  Arab  Emirates   International    Bond             $800,000      3.25%     19/10/2061         836,865       0.00%
     MAF  Sukuk  Ltd.                     $750,000      4.64%     14/5/2029         831,766       0.00%
     Sharjah   Sukuk  Program   Ltd.                 $800,000      2.94%     10/6/2027         803,756       0.00%
     Abu  Dhabi  Government    International    Bond             $700,000      2.50%     30/9/2029         726,974       0.00%
     Abu  Dhabi  National   Energy   Co. PJSC              $600,000      4.88%     23/4/2030         711,693       0.00%
     Galaxy  Pipeline   Assets  Bidco  Ltd.               $725,000      2.16%     31/3/2034         711,648       0.00%
     First  Abu  Dhabi  Bank  PJSC                 GBP520,000       1.38%     19/2/2023         704,807       0.00%
     Abu  Dhabi  Government    International    Bond             $600,000      2.70%      2/9/2070        547,533       0.00%
     MDGH   GMTN  RSC  Ltd.                  $500,000      3.40%      7/6/2051        533,925       0.00%
     Abu  Dhabi  Crude  Oil Pipeline   LLC               $450,000      4.60%     2/11/2047         532,101       0.00%
     Emirates   Telecommunications       Group  Co. PJSC           $500,000      3.50%     18/6/2024         528,725       0.00%
     DP World  Ltd.                      $400,000      6.85%      2/7/2037        528,108       0.00%
     First  Abu  Dhabi  Bank  PJSC＾                  $500,000      4.50%      Perpetual        522,538       0.00%
     RAK  Capital                       $500,000      3.09%     31/3/2025         521,420       0.00%
     DAE  Funding   LLC                    $500,000      3.38%     20/3/2028         505,915       0.00%
     Galaxy  Pipeline   Assets  Bidco  Ltd.               $500,000      3.25%     30/9/2040         505,642       0.00%
     DAE  Funding   LLC                    $500,000      1.55%      1/8/2024        491,942       0.00%
     United  Arab  Emirates   International    Bond             $400,000      2.88%     19/10/2041         405,920       0.00%
     United  Arab  Emirates   International    Bond             $400,000      2.00%     19/10/2031         399,793       0.00%
     DP World  Ltd.                      $300,000      5.63%     25/9/2048         369,555       0.00%
     BOS  Funding   Ltd.                    $350,000      4.00%     18/9/2024         360,030       0.00%
     DP World  Crescent   Ltd.                  $200,000      4.85%     26/9/2028         224,538       0.00%
     Abu  Dhabi  National   Energy   Co. PJSC              $200,000      4.38%     22/6/2026         221,562       0.00%
     Emirates   Telecommunications       Group  Co. PJSC          EUR190,000       0.38%     17/5/2028         216,722       0.00%
     MAF  Global  Securities   Ltd.                 $200,000      4.75%      7/5/2024        213,454       0.00%
     ADCB  Finance   Cayman   Ltd.                 $200,000      4.50%      6/3/2023        206,411       0.00%
     Sharjah   Sukuk  Program   Ltd.                 $200,000      3.23%     23/10/2029         202,346       0.00%
     Emirates   Telecommunications       Group  Co. PJSC          EUR100,000       2.75%     18/6/2026         126,757       0.00%
                                                  59,715,825        0.26%
     英国  4.29%  (2020:  4.51%)
     United  Kingdom   Gilt                 GBP33,300,000        0.25%     31/7/2031        42,150,170        0.18%
     United  Kingdom   Gilt                 GBP26,862,000        1.25%     22/10/2041        36,750,790        0.16%
     United  Kingdom   Gilt                 GBP23,500,000        0.13%     31/1/2023        31,696,613        0.14%
     United  Kingdom   Gilt                 GBP22,913,000        0.25%     31/1/2025        30,563,914        0.13%
     United  Kingdom   Gilt                 GBP23,523,000        0.50%     22/10/2061        26,921,654        0.12%
     United  Kingdom   Gilt                 GBP19,454,000        0.13%     31/1/2024        26,057,587        0.11%
     United  Kingdom   Gilt                 GBP16,881,448        1.75%      7/9/2037       24,789,985        0.11%
     United  Kingdom   Gilt                 GBP17,050,000        1.50%     22/7/2047        24,776,891        0.11%
     United  Kingdom   Gilt                 GBP17,900,000        0.13%     31/1/2028        23,297,759        0.10%
     United  Kingdom   Gilt                 GBP17,172,000        0.88%     31/1/2046        21,702,080        0.09%
     United  Kingdom   Gilt                 GBP16,000,000        0.13%     30/1/2026        21,147,332        0.09%
     United  Kingdom   Gilt                 GBP16,073,000        0.63%     31/7/2035        20,359,099        0.09%
     United  Kingdom   Gilt                 GBP11,664,000        1.63%     22/10/2054        18,047,777        0.08%
     United  Kingdom   Gilt                 GBP12,650,000        0.38%     22/10/2030        16,359,592        0.07%
                                159/362

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     United  Kingdom   Gilt                  GBP9,500,000        1.75%     22/7/2057        15,501,618        0.07%
     United  Kingdom   Gilt                  GBP5,847,000        4.25%     7/12/2046        13,138,176        0.06%
     United  Kingdom   Gilt                  GBP9,528,000        1.13%     31/1/2039        12,788,180        0.06%
     United  Kingdom   Gilt                 GBP10,526,952        0.63%     22/10/2050        12,533,344        0.05%
     United  Kingdom   Gilt                  GBP5,950,000        4.25%      7/3/2036       11,394,225        0.05%
     United  Kingdom   Gilt                  GBP5,167,000        4.25%     7/12/2040        10,657,064        0.05%
     Yorkshire   Building   Society                 EUR8,800,000        0.01%     16/11/2028         9,877,965       0.04%
     United  Kingdom   Gilt                  GBP6,929,000        1.25%     31/7/2051        9,618,564       0.04%
     United  Kingdom   Gilt                  GBP4,033,000        3.75%     22/7/2052        9,156,521       0.04%
     United  Kingdom   Gilt                  GBP3,800,000        4.50%     7/12/2042        8,331,315       0.04%
     United  Kingdom   Gilt                  GBP3,785,000        3.25%     22/1/2044        7,166,972       0.03%
     Reckitt   Benckiser   Treasury   Services   plc            $5,925,000       3.00%     26/6/2027        6,280,151       0.03%
     HSBC  Holdings   plc＾                   $6,013,000       2.10%      4/6/2026        6,049,988       0.03%
     United  Kingdom   Gilt                  GBP3,125,480        4.50%      7/9/2034        5,959,961       0.03%
     United  Kingdom   Gilt                  GBP2,109,000        3.50%     22/7/2068        5,594,756       0.03%
     Barclays   plc                     $5,022,000       3.65%     16/3/2025        5,309,960       0.02%
     Nationwide    Building   Society                  $5,250,000       1.00%     28/8/2025        5,142,210       0.02%
     Heathrow   Funding   Ltd.                 EUR4,066,000        1.50%     12/10/2025         4,791,411       0.02%
     Lloyds  Banking   Group  plc                 $4,235,000       4.58%     10/12/2025         4,621,150       0.02%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     United  Kingdom   Gilt                  GBP1,850,000        2.50%     22/7/2065        3,884,313       0.02%
     Juturna   European   Loan  Conduit   No 16 plc          GBP2,347,212        5.06%     10/8/2033        3,843,723       0.02%
     United  Kingdom   Gilt                  GBP2,867,000        0.38%     22/10/2026         3,803,469       0.02%
     United  Kingdom   Gilt                  GBP1,850,000        4.25%      7/9/2039        3,748,964       0.02%
     Vodafone   Group  plc                   $3,275,000       4.38%     30/5/2028        3,689,865       0.02%
     United  Kingdom   Gilt                  GBP2,625,000        1.25%     22/7/2027        3,650,890       0.02%
     AstraZeneca    plc                   EUR3,000,000        1.25%     12/5/2028        3,619,907       0.02%
     Natwest   Group  plc＾                  EUR3,000,000        1.75%      2/3/2026        3,555,958       0.02%
     easyJet   FinCo  BV                  EUR3,104,000        1.88%      3/3/2028        3,546,337       0.02%
     HSBC  Holdings   plc                   $3,183,000       4.30%      8/3/2026        3,483,694       0.02%
     United  Kingdom   Gilt                  GBP1,770,000        4.25%      7/6/2032        3,169,331       0.01%
     Yorkshire   Building   Society＾                 GBP2,200,000        3.38%     13/9/2028        3,123,355       0.01%
     Lloyds  Banking   Group  plc                 $2,700,000       4.55%     16/8/2028        3,078,083       0.01%
     Transport   for London                   GBP2,200,000        2.13%     24/4/2025        3,049,834       0.01%
     United  Kingdom   Gilt                  GBP2,287,000        0.50%     31/1/2029        3,019,402       0.01%
     Vodafone   Group  plc                  EUR2,550,000        0.90%     24/11/2026         2,997,763       0.01%
     United  Kingdom   Gilt                  GBP1,990,000        1.50%     31/7/2053        2,977,903       0.01%
     HSBC  Holdings   plc                  EUR2,400,000        3.00%     30/6/2025        2,971,907       0.01%
     HSBC  Holdings   plc                   $2,250,000       5.25%     14/3/2044        2,931,095       0.01%
     Nationwide    Building   Society＾                  $2,550,000       3.96%     18/7/2030        2,808,169       0.01%
     Santander   UK Group  Holdings   plc＾             GBP2,000,000        2.92%      8/5/2026        2,800,279       0.01%
     Skipton   Building   Society＾                  GBP2,000,000        2.00%     2/10/2026        2,726,888       0.01%
     Lloyds  Banking   Group  plc＾               JPY300,000,000         0.82%     30/5/2025        2,631,238       0.01%
     Vodafone   Group  plc                  EUR2,000,000        2.20%     25/8/2026        2,480,178       0.01%
     HSBC  Holdings   plc＾                   $2,500,000       2.36%     18/8/2031        2,442,440       0.01%
     Vodafone   Group  plc                   $2,040,000       4.25%     17/9/2050        2,372,528       0.01%
     Notting   Hill Genesis                   GBP1,400,000        3.25%     12/10/2048         2,299,322       0.01%
     Santander   UK plc                  GBP1,330,000        5.25%     16/2/2029        2,287,879       0.01%
     HSBC  Holdings   plc＾                   $2,250,000       2.87%     22/11/2032         2,270,467       0.01%
     HSBC  Holdings   plc＾                  GBP1,600,000        3.00%     22/7/2028        2,264,591       0.01%
                                160/362


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     HSBC  Holdings   plc＾                   $2,250,000       2.25%     22/11/2027         2,257,125       0.01%
     HSBC  Holdings   plc＾                   $2,250,000       1.16%     22/11/2024         2,243,363       0.01%
     United  Kingdom   Gilt                  GBP868,000       4.25%     7/12/2055        2,230,347       0.01%
     Barclays   plc＾                    EUR2,000,000        0.58%      9/8/2029        2,221,031       0.01%
     AstraZeneca    plc                    $1,720,000       4.38%     16/11/2045         2,198,534       0.01%
     HSBC  Holdings   plc                   $1,600,000       6.50%      2/5/2036        2,176,294       0.01%
     AA Bond  Co.,  Ltd.                  GBP1,500,000        4.88%     31/7/2024        2,132,015       0.01%
     United  Kingdom   Gilt                  GBP1,200,000        1.63%     22/10/2071         2,122,385       0.01%
     Nationwide    Building   Society                 EUR1,900,000        0.25%     14/9/2028        2,121,409       0.01%
     Tesco  Property   Finance   2 plc              GBP1,190,589        6.05%     13/10/2039         2,071,594       0.01%
     BAT  Capital   Corp.                   GBP1,500,000        2.13%     15/8/2025        2,033,022       0.01%
     Vodafone   Group  plc                  EUR1,700,000        1.13%     20/11/2025         2,004,333       0.01%
     Santander   UK Group  Holdings   plc＾             EUR1,800,000        0.60%     13/9/2029        2,001,212       0.01%
     Standard   Chartered    plc＾                  $2,000,000       1.82%     23/11/2025         1,997,420       0.01%
     Leeds  Building   Society                  GBP1,500,000        1.38%     6/10/2027        1,990,605       0.01%
     Lloyds  Banking   Group  plc                 $1,900,000       4.05%     16/8/2023        1,990,076       0.01%
     United  Kingdom   Gilt                  GBP754,262       4.00%     22/1/2060        1,985,647       0.01%
     Standard   Chartered    plc＾                  $2,000,000       3.27%     18/2/2036        1,979,725       0.01%
     BP Capital   Markets   plc                  $1,819,000       3.54%     4/11/2024        1,936,279       0.01%
     BP Capital   Markets   plc                 EUR1,500,000        2.52%      7/4/2028        1,912,934       0.01%
     HSBC  Holdings   plc＾                  GBP1,400,000        1.75%     24/7/2027        1,872,106       0.01%
     Southern   Gas Networks   plc               GBP1,300,000        2.50%      3/2/2025        1,820,703       0.01%
     HSBC  Holdings   plc＾                  EUR1,550,000        0.64%     24/9/2029        1,748,591       0.01%
     Leeds  Building   Society＾                  GBP1,300,000        1.50%     16/3/2027        1,734,459       0.01%
     Cadent   Finance   plc                  EUR1,500,000        0.63%     22/9/2024        1,730,308       0.01%
     GlaxoSmithKline      Capital   plc               GBP1,300,000        1.63%     12/5/2035        1,688,695       0.01%
     CNH  Industrial   Finance   Europe   SA             EUR1,400,000        1.75%     12/9/2025        1,665,493       0.01%
     AstraZeneca    plc                    $1,718,000       0.70%      8/4/2026        1,661,676       0.01%
     Karbon   Homes  Ltd.                   GBP940,000       3.38%     15/11/2047         1,639,620       0.01%
     AstraZeneca    plc                    $1,510,000       3.38%     16/11/2025         1,620,235       0.01%
     Places  for People  Homes  Ltd.               GBP1,056,000        3.63%     22/11/2028         1,601,145       0.01%
     WPP  Finance   Deutschland    GmbH              EUR1,300,000        1.63%     23/3/2030        1,586,788       0.01%
     Clydesdale    Bank  plc                  EUR1,400,000        0.01%     22/9/2026        1,585,779       0.01%
     Scottish   Widows   Ltd.                  GBP1,100,000        5.50%     16/6/2023        1,570,825       0.01%
     Nationwide    Building   Society＾                 EUR1,300,000        2.00%     25/7/2029        1,532,160       0.01%
     Santander   UK Group  Holdings   plc             GBP1,050,000        3.63%     14/1/2026        1,522,148       0.01%
     HSBC  Holdings   plc＾                  GBP1,110,000        2.26%     13/11/2026         1,520,953       0.01%
     Anglian   Water  Services   Financing   plc            GBP1,000,000        4.50%     22/2/2026        1,516,483       0.01%
     BAE  Systems   Finance,   Inc.                 $1,185,000       7.50%      1/7/2027        1,512,516       0.01%
     Nationwide    Building   Society                  $1,400,000       4.00%     14/9/2026        1,506,321       0.01%
     Bank  of Scotland   plc                 GBP1,000,000        4.88%     20/12/2024         1,504,726       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     GlaxoSmithKline      Capital   plc               EUR1,200,000        1.75%     21/5/2030        1,502,934       0.01%
     Santander   UK Group  Holdings   plc              $1,500,000       3.57%     10/1/2023        1,500,661       0.01%
     Tesco  Corporate    Treasury   Services   plc           GBP1,120,000        1.88%     2/11/2028        1,498,668       0.01%
     Reynolds   American,    Inc.                  $1,225,000       5.85%     15/8/2045        1,488,884       0.01%
     Prs Finance   plc                   GBP1,000,000        2.00%     23/1/2029        1,422,625       0.01%
     HSBC  Holdings   plc                   $1,300,000       4.38%     23/11/2026         1,419,108       0.01%
     Barclays   plc                    GBP1,000,000        3.00%      8/5/2026        1,411,502       0.01%
     Network   Rail Infrastructure     Finance   plc           GBP1,000,000        3.00%      7/9/2023        1,404,304       0.01%
                                161/362


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     Santander   UK plc                   GBP870,000       5.75%      2/3/2026        1,398,479       0.01%
     BAT  Capital   Corp.                    $1,329,000       3.22%      6/9/2026        1,383,438       0.01%
     Unilever   plc                    GBP1,000,000        1.50%     22/7/2026        1,379,746       0.01%
     Lloyds  Banking   Group  plc＾                GBP1,030,000        1.99%     15/12/2031         1,373,316       0.01%
     Channel   Link  Enterprises    Finance   plc＾            GBP1,000,000        3.04%     30/6/2050        1,362,935       0.01%
     CK Hutchison    International    21 Ltd.              $1,300,000       3.13%     15/4/2041        1,350,450       0.01%
     GlaxoSmithKline      Capital   plc                GBP900,000       3.38%     20/12/2027         1,350,106       0.01%
     BP Capital   Markets   plc＾                 EUR1,100,000        3.63%      Perpetual        1,344,923       0.01%
     Nationwide    Building   Society＾                  $1,300,000       3.77%      8/3/2024        1,339,164       0.01%
     GlaxoSmithKline      Capital   plc               GBP1,000,000        1.25%     12/10/2028         1,333,754       0.01%
     Derwent   London   plc                  GBP1,000,000        1.88%     17/11/2031         1,331,884       0.01%
     BAT  Capital   Corp.                    $1,200,000       4.70%      2/4/2027        1,322,320       0.01%
     Wessex   Water  Services   Finance   plc             GBP1,000,000        1.50%     17/9/2029        1,321,462       0.01%
     Lloyds  Banking   Group  plc＾                EUR1,150,000        0.63%     15/1/2024        1,317,759       0.01%
     Virgin  Money  UK plc＾                  GBP900,000       4.00%      3/9/2027        1,310,381       0.01%
     Sky Ltd.                       $1,225,000       3.75%     16/9/2024        1,305,171       0.01%
     Unilever   Finance   Netherlands    BV             EUR1,100,000        1.25%     25/3/2025        1,299,961       0.01%
     Virgin  Money  UK plc＾                  GBP900,000       4.00%     25/9/2026        1,292,741       0.01%
     Diageo  Finance   plc                  GBP1,000,000        1.25%     28/3/2033        1,290,149       0.01%
     GlaxoSmithKline      Capital   plc                $1,175,000       3.38%      1/6/2029        1,280,245       0.01%
     Standard   Chartered    plc＾                  $1,235,000       2.82%     30/1/2026        1,268,562       0.01%
     BP Capital   Markets   plc                 EUR1,000,000        2.97%     27/2/2026        1,268,140       0.01%
     National   Grid  plc                   EUR1,120,000        0.16%     20/1/2028        1,244,192       0.01%
     Unilever   plc                    EUR1,000,000        1.50%     11/6/2039        1,231,510       0.01%
     Connect   Plus  M25  Issuer  plc               GBP828,900       2.61%     31/3/2039        1,219,254       0.01%
     Vodafone   Group  plc                  EUR1,000,000        1.60%     29/7/2031        1,205,255       0.01%
     Standard   Chartered    plc＾                  $1,200,000       1.21%     23/3/2025        1,189,970       0.01%
     WPP  Finance   2016                   EUR1,000,000        1.38%     20/3/2025        1,182,500       0.01%
     United  Kingdom   Gilt                  GBP760,000       1.75%     22/1/2049        1,174,009       0.01%
     Barclays   plc＾                    EUR1,000,000        2.00%      7/2/2028        1,157,679       0.01%
     Santander   UK plc                  EUR1,000,000        0.50%     10/1/2025        1,157,367       0.01%
     Peabody   Capital   No 2 plc                 GBP700,000       3.25%     14/9/2048        1,153,185       0.01%
     DS Smith  plc                    EUR1,000,000        0.88%     12/9/2026        1,152,857       0.01%
     Santander   UK Group  Holdings   plc＾             EUR1,000,000        0.39%     28/2/2025        1,144,834       0.01%
     Natwest   Group  plc＾                   $1,000,000       4.89%     18/5/2029        1,143,915       0.01%
     GlaxoSmithKline      Capital   plc               EUR1,000,000        0.00%     23/9/2023        1,142,344       0.01%
     Nationwide    Building   Society                 EUR1,000,000        0.25%     22/7/2025        1,141,498       0.01%
     Wellcome   Trust  Ltd.                  GBP665,000       2.52%      7/2/2118        1,141,426       0.01%
     Linde  Finance   BV                  EUR1,000,000        0.55%     19/5/2032        1,136,804       0.01%
     Rothesay   Life plc                   GBP800,000       3.38%     12/7/2026        1,131,277       0.01%
     BP Capital   Markets   plc                  $1,025,000       3.72%     28/11/2028         1,128,063       0.01%
     Barclays   plc＾                    EUR1,000,000        1.11%     12/5/2032        1,128,028       0.01%
     Guinness   Partnership    Ltd.                 GBP600,000       4.00%     24/10/2044         1,106,024       0.01%
     BAT  Capital   Corp.                    $1,050,000       3.56%     15/8/2027        1,102,181       0.01%
     Heathrow   Funding   Ltd.                CA($)1,310,000         3.78%      4/9/2030        1,100,346       0.01%
     DWR  Cymru  Financing   UK plc               GBP800,000       2.38%     31/3/2034        1,098,968       0.01%
     Coventry   Building   Society                  GBP800,000       1.88%     24/10/2023         1,096,455       0.01%
     BP Capital   Markets   plc＾                 EUR900,000       3.25%      Perpetual        1,083,799       0.01%
     HSBC  Holdings   plc＾                   $1,000,000       4.04%     13/3/2028        1,081,012       0.01%
     BP Capital   Markets   plc                 EUR800,000       2.82%      7/4/2032        1,074,204       0.01%
     BG Energy   Capital   plc                 EUR850,000       2.25%     21/11/2029         1,072,668       0.01%
     AstraZeneca    plc                     $725,000      6.45%     15/9/2037        1,068,948       0.01%
                                162/362

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     Nationwide    Building   Society＾                  $1,000,000       4.13%     18/10/2032         1,068,033       0.01%
     Yorkshire   Building   Society                  EUR930,000       0.13%      8/5/2024        1,065,485       0.01%
     Segro  plc                      GBP700,000       2.88%     11/10/2037         1,065,402       0.01%
     United  Utilities   Water  Finance   plc              GBP800,000       1.88%      3/6/2042        1,059,653       0.01%
     UK Municipal   Bonds  Agency   Finance   Co. Designated
                             GBP800,000       1.63%     26/8/2060        1,056,935       0.01%
       Activity   Co.
     Southern   Water  Services   Finance   Ltd.             GBP650,000       6.64%     31/3/2026        1,055,009       0.01%
     Sage  Group  plc                    GBP794,000       1.63%     25/2/2031        1,037,618       0.01%
     HSBC  Holdings   plc＾                   $1,000,000       3.95%     18/5/2024        1,037,471       0.01%
     BP Capital   Markets   plc                  $970,000      3.51%     17/3/2025        1,033,457       0.01%
     BAT  Capital   Corp.                    $1,000,000       2.79%      6/9/2024        1,030,466       0.01%
     CK Hutchison    Group  Telecom   Finance   SA           EUR900,000       0.38%     17/10/2023         1,028,969       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Pension   Insurance   Corp.  plc                GBP600,000       8.00%     23/11/2026         1,028,087       0.01%
     HSBC  Holdings   plc                    $875,000      4.95%     31/3/2030        1,026,023       0.01%
     Standard   Chartered    plc                  $950,000      4.05%     12/4/2026        1,024,641       0.01%
     BAT  Capital   Corp.                     $975,000      4.54%     15/8/2047        1,019,328       0.01%
     BAT  Capital   Corp.                     $895,000      5.28%      2/4/2050        1,015,801       0.01%
     Reckitt   Benckiser   Treasury   Services   plc             $975,000      2.75%     26/6/2024        1,007,599       0.01%
     United  Kingdom   Gilt                  GBP550,000       6.00%     7/12/2028        1,004,971       0.01%
     National   Grid  Gas plc                  GBP850,000       1.63%     14/1/2043        1,001,609       0.01%
     Barclays   plc                     $1,000,000       3.68%     10/1/2023        1,000,483       0.01%
     HSBC  Holdings   plc＾                   $1,000,000       1.65%     18/4/2026         993,054       0.01%
     Santander   UK Group  Holdings   plc＾              $1,000,000       1.09%     15/3/2025         991,072       0.01%
     Clarion   Funding   plc                  GBP600,000       3.13%     19/4/2048         982,831       0.01%
     Tesco  Personal   Finance   Group  plc              GBP700,000       3.50%     25/7/2025         980,537       0.01%
     HSBC  Holdings   plc＾                    $925,000      3.80%     11/3/2025         971,292       0.01%
     Heathrow   Funding   Ltd.                  GBP700,000       2.75%     13/10/2029         969,973       0.01%
     BAT  Netherlands    Finance   BV               EUR800,000       2.38%     7/10/2024         959,746       0.01%
     National   Grid  plc                   EUR850,000       0.55%     18/9/2029         959,132       0.01%
     Barclays   plc                    AU($)1,250,000         4.00%     26/6/2029         945,001       0.01%
     Nationwide    Building   Society＾                  $900,000      4.36%      1/8/2024        942,764       0.01%
     WHG  Treasury   plc                   GBP500,000       4.25%     6/10/2045         933,605       0.01%
     Babcock   International    Group  plc              GBP700,000       1.88%     5/10/2026         933,235       0.01%
     Coca-Cola    Europacific    Partners   plc             EUR800,000       1.13%     26/5/2024         932,338       0.01%
     Legal  & General   Group  plc＾                GBP600,000       5.13%     14/11/2048         926,729       0.01%
     Gatwick   Funding   Ltd.                  GBP693,000       2.50%     15/4/2030         922,396       0.01%
     BP Capital   Markets   BV                 EUR826,000       1.47%     21/9/2041         913,494       0.01%
     Vodafone   Group  plc                  GBP600,000       3.38%      8/8/2049        905,220       0.01%
     National   Grid  Gas plc                  GBP750,000       1.13%     14/1/2033         903,302       0.01%
     Affordable    Housing   Finance   plc               GBP525,000       2.89%     11/8/2043         900,461       0.01%
     Phoenix   Group  Holdings   plc                GBP560,000       5.63%     28/4/2031         895,828       0.01%
     CPUK  Finance   Ltd.                   GBP600,000       3.69%     28/8/2028         893,746       0.01%
     National   Grid  plc                   EUR800,000       0.25%      1/9/2028        892,812       0.01%
     AstraZeneca    plc                    $1,000,000       2.13%      6/8/2050        888,897       0.01%
     Bank  of England   Euro  Note                  $900,000      0.25%      8/3/2024        888,881       0.01%
     Santander   UK Group  Holdings   plc＾               $900,000      1.53%     21/8/2026         885,927       0.01%
     BAT  Capital   Corp.                     $825,000      4.76%      6/9/2049        883,524       0.01%
     Standard   Chartered    plc                 GBP500,000       4.38%     18/1/2038         881,968       0.01%
     Virgin  Money  UK plc＾                  GBP625,000       3.38%     24/4/2026         874,847       0.01%
                                163/362


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     BAT  International    Finance   plc                $889,000      1.67%     25/3/2026         873,696       0.01%
     Vodafone   Group  plc                   $700,000      5.00%     30/5/2038         870,714       0.01%
     Nationwide    Building   Society                 GBP600,000       3.00%      6/5/2026        869,589       0.01%
     Legal  & General   Group  plc＾                GBP500,000       5.50%     27/6/2064         869,210       0.01%
     Yorkshire   Building   Society                  EUR750,000       0.63%     21/9/2025         865,397       0.01%
     Santander   UK Group  Holdings   plc＾               $800,000      3.82%     3/11/2028         858,309       0.01%
     Standard   Chartered    plc                  $665,000      5.70%     26/3/2044         856,527       0.01%
     Standard   Chartered    plc                  $800,000      4.30%     19/2/2027         856,324       0.01%
     Blend  Funding   plc                   GBP500,000       3.46%     21/9/2047         849,013       0.01%
     Society   of Lloyd's＾                    GBP562,000       4.88%      7/2/2047        848,568       0.00%
     HSBC  Holdings   plc＾                    $825,000      2.63%     7/11/2025         847,176       0.00%
     Cadent   Finance   plc                  GBP600,000       2.75%     22/9/2046         833,181       0.00%
     HSBC  Holdings   plc                    $800,000      3.60%     25/5/2023         829,819       0.00%
     BAT  International    Finance   plc               EUR700,000       2.25%     16/1/2030         829,101       0.00%
     BUPA  Finance   plc                   GBP600,000       2.00%      5/4/2024        825,582       0.00%
     THFC  Funding   No 3 plc                 GBP400,000       5.20%     11/10/2043         825,303       0.00%
     Diageo  Finance   plc                   EUR700,000       1.00%     22/4/2025         820,561       0.00%
     Unilever   Capital   Corp.                   $825,000      0.38%     14/9/2023         819,735       0.00%
     Martlet   Homes  Ltd.                   GBP500,000       3.00%      9/5/2052        812,229       0.00%
     Natwest   Group  plc＾                    $700,000      5.08%     27/1/2030         812,095       0.00%
     Santander   UK plc                   EUR710,000       0.05%     12/1/2027         806,449       0.00%
     Canary   Wharf  Group  Investment    Holdings   plc          EUR700,000       1.75%      7/4/2026        803,520       0.00%
     Motability    Operations    Group  plc              EUR700,000       0.38%      3/1/2026        800,947       0.00%
     Skipton   Building   Society                  EUR700,000       0.01%     22/9/2024         799,460       0.00%
     Natwest   Group  plc＾                    $800,000      3.03%     28/11/2035         788,641       0.00%
     Lloyds  Banking   Group  plc               AU($)1,000,000         4.25%     22/11/2027         787,039       0.00%
     DWR  Cymru  Financing   UK plc               GBP600,000       1.38%     31/3/2033         784,258       0.00%
     Vodafone   Group  plc                   $600,000      5.25%     30/5/2048         783,549       0.00%
     Barclays   plc＾                    CA($)1,000,000         2.17%     23/6/2027         781,175       0.00%
     Diageo  Capital   plc                    $750,000      2.38%     24/10/2029         765,917       0.00%
     Vodafone   Group  plc                   $600,000      4.88%     19/6/2049         757,010       0.00%
     Annington    Funding   plc                 GBP500,000       3.69%     12/7/2034         754,366       0.00%
     Diageo  Capital   plc                    $750,000      2.13%     29/4/2032         744,282       0.00%
     BAT  International    Finance   plc               GBP566,000       2.25%     26/6/2028         742,847       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Yorkshire   Water  Finance   plc               GBP500,000       2.75%     18/4/2041         742,491       0.00%
     Barclays   plc                      $670,000      4.84%      9/5/2028        736,538       0.00%
     Anglian   Water  Services   Financing   plc             GBP500,000       2.75%     26/10/2029         734,327       0.00%
     Santander   UK plc                   EUR640,000       0.10%     12/5/2024         732,951       0.00%
     Diageo  Finance   plc                   EUR600,000       1.50%     22/10/2027         729,279       0.00%
     Imperial   Brands   Finance   plc                 $700,000      3.13%     26/7/2024         724,070       0.00%
     Imperial   Brands   Finance   Netherlands    BV            EUR650,000       1.75%     18/3/2033         721,154       0.00%
     Motability    Operations    Group  plc              GBP500,000       2.38%      3/7/2039        716,178       0.00%
     Reynolds   American,    Inc.                  $600,000      5.70%     15/8/2035         712,667       0.00%
     Barclays   plc＾                      $675,000      3.93%      7/5/2025        710,463       0.00%
     Land  Securities   Capital   Markets   plc             GBP500,000       2.40%      8/2/2029        707,728       0.00%
     BP Capital   Markets   plc                 EUR600,000       1.23%      8/5/2031        705,236       0.00%
     LSEGA   Financing   plc                   $700,000      2.50%      6/4/2031        703,748       0.00%
     HSBC  Holdings   plc＾                    $700,000      3.26%     13/3/2023         703,228       0.00%
     Lloyds  Banking   Group  plc                 $645,000      3.75%     11/1/2027         697,313       0.00%
                                164/362


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     Rentokil   Initial  plc                   EUR600,000       0.88%     30/5/2026         695,170       0.00%
     Diageo  Finance   plc                   GBP500,000       1.75%     12/10/2026         692,037       0.00%
     National   Express   Group  plc                GBP500,000       2.50%     11/11/2023         690,770       0.00%
     Logicor   2019-1  UK plc                 GBP500,000       1.88%     17/11/2026         689,368       0.00%
     National   Express   Group  plc                GBP500,000       2.38%     20/11/2028         685,118       0.00%
     Thames   Water  Utilities   Finance   plc             GBP500,000       1.88%     24/1/2024         684,313       0.00%
     BUPA  Finance   plc                   GBP500,000       1.75%     14/6/2027         683,226       0.00%
     Yorkshire   Water  Finance   plc               GBP500,000       1.75%     26/11/2026         683,004       0.00%
     Lseg  Netherlands    BV                  EUR600,000       0.00%      6/4/2025        680,544       0.00%
     CNH  Industrial   Finance   Europe   SA             EUR600,000       0.00%      1/4/2024        680,539       0.00%
     Scottish   Hydro  Electric   Transmission     plc           GBP500,000       2.25%     27/9/2035         679,137       0.00%
     Paragon   Treasury   plc                  GBP500,000       2.00%      7/5/2036        676,454       0.00%
     CK Hutchison    Group  Telecom   Finance   SA           GBP500,000       2.00%     17/10/2027         675,343       0.00%
     Thames   Water  Utilities   Finance   plc             GBP500,000       2.38%     22/4/2040         673,425       0.00%
     Motability    Operations    Group  plc              EUR600,000       0.13%     20/7/2028         667,748       0.00%
     Lloyds  Banking   Group  plc＾                 $665,000      2.86%     17/3/2023         667,643       0.00%
     Manchester    Airport   Group  Funding   plc            GBP500,000       2.88%     30/9/2044         664,413       0.00%
     Eastern   Power  Networks   plc                GBP500,000       1.88%      1/6/2035        664,196       0.00%
     Barclays   plc                      $500,000      5.25%     17/8/2045         663,642       0.00%
     Platform   HG Financing   plc                GBP500,000       1.93%     15/9/2041         663,300       0.00%
     South  Eastern   Power  Networks   plc              GBP500,000       1.75%     30/9/2034         662,361       0.00%
     GlaxoSmithKline      Capital   plc                 $625,000      3.00%      1/6/2024        652,815       0.00%
     Narragansett    Electric   Co.                  $595,000      3.92%      1/8/2028        652,035       0.00%
     Northern   Powergrid   Northeast   plc              GBP500,000       1.88%     16/6/2062         649,305       0.00%
     South  Eastern   Power  Networks   plc              GBP340,000       6.38%     12/11/2031         644,916       0.00%
     Lloyds  Banking   Group  plc                 $550,000      4.34%      9/1/2048        643,861       0.00%
     Santander   UK Group  Holdings   plc＾               $650,000      1.67%     14/6/2027         637,182       0.00%
     Unilever   Finance   Netherlands    BV              EUR500,000       1.63%     12/2/2033         629,011       0.00%
     Sky Ltd.                       EUR500,000       2.50%     15/9/2026         628,882       0.00%
     Unilever   Capital   Corp.                   $600,000      3.25%      7/3/2024        628,139       0.00%
     New  England   Power  Co.                  $575,000      3.80%     5/12/2047         627,809       0.00%
     Western   Power  Distribution    South  Wales  plc          GBP500,000       1.63%     7/10/2035         627,165       0.00%
     Natwest   Group  plc                    $600,000      3.88%     12/9/2023         625,637       0.00%
     Heathrow   Funding   Ltd.                  GBP461,000       2.63%     16/3/2028         618,862       0.00%
     Sky Ltd.                       EUR500,000       2.25%     17/11/2025         613,959       0.00%
     British  Telecommunications       plc                $600,000      3.25%     8/11/2029         613,690       0.00%
     London   Stock  Exchange   Group  plc             EUR500,000       1.75%     6/12/2027         610,163       0.00%
     Coca-Cola    Europacific    Partners   plc             EUR500,000       1.50%     8/11/2027         600,160       0.00%
     Aviva  plc＾                      GBP400,000       4.38%     12/9/2049         598,294       0.00%
     Eversholt   Funding   plc                  GBP347,143       6.70%     22/2/2035         597,383       0.00%
     Centrica   plc                     GBP300,000       7.00%     19/9/2033         595,251       0.00%
     Aptiv  plc                      EUR500,000       1.50%     10/3/2025         589,190       0.00%
     SSE  plc                      EUR500,000       1.25%     16/4/2025         587,816       0.00%
     Pearson   Funding   plc                  GBP400,000       3.75%      4/6/2030        587,058       0.00%
     Global  Switch  Finance   BV                EUR519,000       1.38%     7/10/2030         585,893       0.00%
     SSE  plc                      EUR500,000       0.88%      6/9/2025        581,775       0.00%
     Lloyds  Bank  plc                    EUR500,000       0.63%     26/3/2025         581,572       0.00%
     Informa   plc                     EUR500,000       1.50%      5/7/2023        580,436       0.00%
     CK Hutchison    Finance   16 II Ltd.              EUR500,000       0.88%     3/10/2024         579,991       0.00%
     AstraZeneca    plc                     $550,000      3.00%     28/5/2051         578,593       0.00%
     Leeds  Building   Society                   EUR500,000       0.50%      3/7/2024        578,024       0.00%
     Clarion   Funding   plc                  GBP400,000       2.63%     18/1/2029         577,664       0.00%
                                165/362

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     Imperial   Brands   Finance   plc                EUR500,000       1.13%     14/8/2023         576,709       0.00%
     Reckitt   Benckiser   Treasury   Services   Nederland    BV        EUR500,000       0.75%     19/5/2030         576,689       0.00%
     Natwest   Group  plc＾                   EUR500,000       0.75%     15/11/2025         576,537       0.00%
     Barclays   plc＾                     EUR500,000       0.75%      9/6/2025        576,531       0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Wessex   Water  Services   Finance   plc               GBP476,000       1.25%     12/1/2036        575,896      0.00%
     Yorkshire   Building   Society                   EUR500,000       0.38%     11/4/2023        573,955      0.00%
     Reckitt   Benckiser   Treasury   Services   Nederland    BV          EUR500,000       0.38%     19/5/2026        572,452      0.00%
     Together   Housing   Finance   plc                GBP300,000       4.50%     17/12/2042         571,672      0.00%
     Barclays   plc＾                       $505,000      5.09%     20/6/2030        571,625      0.00%
     RELX  Finance   BV                    EUR500,000       0.50%     10/3/2028        570,269      0.00%
     BUPA  Finance   plc                    GBP371,000       5.00%     8/12/2026        568,042      0.00%
     Western   Power  Distribution    plc                GBP400,000       3.63%     6/11/2023        563,717      0.00%
     DS Smith  plc                      GBP400,000       2.88%     26/7/2029        563,090      0.00%
     Hyde  Housing   Association    Ltd.                GBP450,000       1.75%     18/8/2055        562,387      0.00%
     Chancellor    Masters   & Scholars   of The  University    of Cambridge        GBP300,000       2.35%     27/6/2078        562,268      0.00%
     CK Hutchison    International    17 II Ltd.               $550,000      2.75%     29/3/2023        561,839      0.00%
     Virgin  Money  UK plc＾                   GBP381,000       5.13%     11/12/2030         557,690      0.00%
     United  Utilities   Water  Finance   plc               GBP400,000       2.00%     14/2/2025        553,399      0.00%
     Student   Finance   plc                    GBP400,000       2.67%     30/9/2024        545,202      0.00%
     Heathrow   Funding   Ltd.                   GBP300,000       6.45%     10/12/2031         543,486      0.00%
     Legal  & General   Group  plc＾                   $500,000      5.25%     21/3/2047        543,278      0.00%
     Reckitt   Benckiser   Treasury   Services   plc             GBP400,000       1.75%     19/5/2032        542,867      0.00%
     Ashtead   Capital,   Inc.                     $550,000      1.50%     12/8/2026        539,309      0.00%
     WPP  Finance   2017                     GBP354,000       3.75%     19/5/2032        536,424      0.00%
     Southern   Electric   Power  Distribution    plc             GBP300,000       5.50%     7/6/2032        536,318      0.00%
     Clarion   Funding   plc                    GBP400,000       1.88%     22/1/2035        535,533      0.00%
     Prudential    plc                      GBP300,000       6.13%     19/12/2031         533,883      0.00%
     South  Eastern   Power  Networks   plc               GBP300,000       5.63%     30/9/2030        531,047      0.00%
     BP Capital   Markets   plc                    $500,000      3.81%     10/2/2024        527,650      0.00%
     Vodafone   Group  plc                     $500,000      3.75%     16/1/2024        526,788      0.00%
     Berkeley   Group  plc                    GBP400,000       2.50%     11/8/2031        522,206      0.00%
     Barclays   plc＾                       $500,000      4.34%     16/5/2024        520,773      0.00%
     BAT  Capital   Corp.                      $500,000      3.22%     15/8/2024        520,070      0.00%
     Unilever   Capital   Corp.                     $500,000      2.60%     5/5/2024        517,217      0.00%
     University    of Oxford                     GBP300,000       2.54%     8/12/2117        511,589      0.00%
     Santander   UK Group  Holdings   plc＾                $500,000      2.90%     15/3/2032        505,251      0.00%
     Lloyds  Bank  plc                      $500,000      2.13%     24/7/2022        503,924      0.00%
     SELP  Finance   Sarl                    EUR427,000       1.50%     20/11/2025         503,441      0.00%
     HSBC  Holdings   plc＾                     $500,000      2.80%     24/5/2032        502,447      0.00%
     BAT  Capital   Corp.                      $475,000      4.39%     15/8/2037        501,238      0.00%
     BAT  International    Finance   plc                GBP300,000       6.00%     24/11/2034         499,488      0.00%
     London   & Quadrant   Housing   Trust                GBP300,000       3.13%     28/2/2053        498,967      0.00%
     nVent  Finance   Sarl                     $500,000      2.75%     15/11/2031         497,768      0.00%
     Motability    Operations    Group  plc                GBP400,000       1.50%     20/1/2041        497,611      0.00%
     Nationwide    Building   Society＾                    $450,000      4.30%     8/3/2029        497,432      0.00%
     Unilever   Capital   Corp.                     $500,000      0.63%     12/8/2024        496,901      0.00%
     Barclays   plc＾                       $500,000      1.01%     10/12/2024         496,318      0.00%
     Barclays   plc＾                       $500,000      2.67%     10/3/2032        495,960      0.00%
     Natwest   Group  plc＾                     $475,000      3.75%     1/11/2029        495,690      0.00%
                                166/362


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     HSBC  Holdings   plc＾                     $500,000      0.73%     17/8/2024        495,497      0.00%
     Unilever   Capital   Corp.                     $500,000      2.63%     12/8/2051        495,469      0.00%
     Standard   Chartered    plc＾                    $500,000      0.99%     12/1/2025        494,655      0.00%
     Nationwide    Building   Society                    $500,000      0.55%     22/1/2024        493,569      0.00%
     NatWest   Markets   plc                    $500,000      1.60%     29/9/2026        492,275      0.00%
     Barclays   plc                       $450,000      4.38%     12/1/2026        491,632      0.00%
     HSBC  Holdings   plc＾                     $500,000      2.21%     17/8/2029        490,459      0.00%
     BAT  International    Finance   plc                 $460,000      3.95%     15/6/2025        489,930      0.00%
     LSEGA   Financing   plc                    $500,000      1.38%     6/4/2026        489,702      0.00%
     HSBC  Holdings   plc＾                     $500,000      2.01%     22/9/2028        489,544      0.00%
     BAE  Systems   plc                      $500,000      3.00%     15/9/2050        487,460      0.00%
     Ashtead   Capital,   Inc.                     $500,000      2.45%     12/8/2031        487,281      0.00%
     Unilever   Capital   Corp.                     $500,000      1.75%     12/8/2031        486,145      0.00%
     Natwest   Group  plc                     $450,000      5.13%     28/5/2024        485,381      0.00%
     Smith  & Nephew   plc                     $500,000      2.03%     14/10/2030         483,019      0.00%
     CNH  Industrial   Finance   Europe   SA               EUR400,000       1.88%     19/1/2026        477,838      0.00%
     BAE  Systems   plc                      $500,000      1.90%     15/2/2031        475,023      0.00%
     Heathrow   Funding   Ltd.                   GBP288,000       6.75%     3/12/2026        473,153      0.00%
     Gatwick   Funding   Ltd.                    GBP300,000       6.13%     2/3/2026        470,772      0.00%
     United  Kingdom   Gilt                    GBP346,000       0.88%     22/10/2029         469,388      0.00%
     Mondi  Finance   plc                    EUR400,000       1.50%     15/4/2024        467,859      0.00%
     Tesco  Corporate    Treasury   Services   plc             EUR400,000       0.88%     29/5/2026        462,834      0.00%
     BAT  Capital   Corp.                     EUR400,000       1.13%     16/11/2023         462,815      0.00%
     Global  Switch  Holdings   Ltd.                 EUR400,000       1.50%     31/1/2024        461,289      0.00%
     British  Telecommunications       plc                EUR400,000       1.13%     10/3/2023        461,135      0.00%
     Just  Group  plc＾                     GBP300,000       7.00%     15/4/2031        460,835      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Babcock   International    Group  plc              EUR400,000       1.38%     13/9/2027         460,060       0.00%
     Yorkshire   Water  Finance   plc               GBP300,000       3.63%      1/8/2029        459,522       0.00%
     British  Telecommunications       plc               EUR400,000       0.50%     12/9/2025         456,749       0.00%
     RL Finance   Bonds  NO 4 plc＾                GBP300,000       4.88%     7/10/2049         454,415       0.00%
     HSBC  Holdings   plc＾                   EUR400,000       0.31%     13/11/2026         453,823       0.00%
     AstraZeneca    plc                    EUR400,000       0.38%      3/6/2029        453,454       0.00%
     HSBC  Bank  plc                    GBP250,000       4.75%     24/3/2046         452,992       0.00%
     HSBC  Holdings   plc＾                   EUR400,000       0.77%     13/11/2031         450,546       0.00%
     Accent   Capital   plc                   GBP300,000       2.63%     18/7/2049         450,012       0.00%
     BAT  Capital   Corp.                     $400,000      4.91%      2/4/2030        449,985       0.00%
     Anglo  American   Capital   plc                GBP311,000       3.38%     11/3/2029         449,917       0.00%
     CCEP  Finance   Ireland  DAC                EUR400,000       0.50%      6/9/2029        448,714       0.00%
     Heathrow   Funding   Ltd.                 CA($)540,000        3.66%     13/1/2031         447,636       0.00%
     Barclays   plc                      $400,000      5.20%     12/5/2026         447,585       0.00%
     CCEP  Finance   Ireland  DAC                EUR400,000       0.88%      6/5/2033        446,858       0.00%
     UNITE   USAF  II plc                  GBP300,000       3.92%     30/6/2025         438,053       0.00%
     Tesco  Corporate    Treasury   Services   plc            EUR400,000       0.38%     27/7/2029         436,918       0.00%
     HSBC  Holdings   plc＾                    $400,000      3.97%     22/5/2030         434,885       0.00%
     Annington    Funding   plc                 GBP300,000       3.18%     12/7/2029         431,316       0.00%
     London   Stock  Exchange   Group  plc             EUR349,000       1.75%     19/9/2029         430,886       0.00%
     Network   Rail Infrastructure     Finance   plc            GBP250,000       4.38%     9/12/2030         430,023       0.00%
     Imperial   Brands   Finance   plc                 $400,000      4.25%     21/7/2025         429,335       0.00%
     Natwest   Group  plc＾                   GBP300,000       3.13%     28/3/2027         426,577       0.00%
                                167/362


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     Next  Group  plc                    GBP300,000       3.00%     26/8/2025         425,931       0.00%
     Natwest   Group  plc＾                    $400,000      4.27%     22/3/2025         423,628       0.00%
     Hutchison    Whampoa   International    03/33  Ltd.           $285,000      7.45%     24/11/2033         423,488       0.00%
     London   & Quadrant   Housing   Trust              GBP200,000       5.49%     15/6/2042         421,307       0.00%
     BP Capital   Markets   plc                  $400,000      3.99%     26/9/2023         421,077       0.00%
     Tesco  Corporate    Treasury   Services   plc            GBP300,000       2.75%     27/4/2030         420,271       0.00%
     Imperial   Brands   Finance   plc                 $400,000      3.50%     26/7/2026         420,018       0.00%
     Natwest   Group  plc＾                    $400,000      4.52%     25/6/2024         418,576       0.00%
     HSBC  Holdings   plc                    $300,000      6.50%     15/9/2037         413,297       0.00%
     Heathrow   Funding   Ltd.                 CA($)500,000        3.25%     21/5/2025         408,975       0.00%
     Gatwick   Funding   Ltd.                  GBP300,000       3.13%     28/9/2039         408,676       0.00%
     HSBC  Holdings   plc                  CA($)500,000        3.20%     5/12/2023         407,782       0.00%
     Western   Power  Distribution    South  West  plc           GBP200,000       5.75%     23/3/2040         406,794       0.00%
     British  Airways   2019-1  Class  AA Pass  Through   Trust         $395,217      3.30%     15/12/2032         405,373       0.00%
     Westfield   Stratford   City  Finance   NO 2 plc           GBP300,000       1.64%      4/8/2026        405,331       0.00%
     HSBC  Holdings   plc＾                    $375,000      4.29%     12/9/2026         404,942       0.00%
     CK Hutchison    International    21 Ltd.               $400,000      2.50%     15/4/2031         404,322       0.00%
     Omnicom   Capital   Holdings   plc               GBP300,000       2.25%     22/11/2033         404,038       0.00%
     HSBC  Holdings   plc                    $375,000      4.25%     18/8/2025         402,827       0.00%
     National   Grid  Electricity    Transmission     plc           GBP300,000       1.38%     16/9/2026         402,355       0.00%
     Annington    Funding   plc                 GBP300,000       2.31%     6/10/2032         400,435       0.00%
     Barclays   plc＾                      $375,000      3.81%     10/3/2042         398,203       0.00%
     National   Grid  Electricity    Transmission     plc           GBP300,000       2.00%     16/9/2038         395,664       0.00%
     CK Hutchison    International    21 Ltd.               $400,000      1.50%     15/4/2026         395,146       0.00%
     Orbit  Capital   plc                   GBP300,000       2.00%     24/11/2038         395,095       0.00%
     LSEGA   Financing   plc                   $400,000      2.00%      6/4/2028        394,588       0.00%
     National   Grid  Electricity    Transmission     plc           GBP300,000       2.00%     17/4/2040         392,395       0.00%
     ENW  Finance   plc                   GBP300,000       1.42%     30/7/2030         391,921       0.00%
     BAT  Capital   Corp.                     $375,000      3.46%      6/9/2029        388,539       0.00%
     Heathrow   Funding   Ltd.                  GBP200,000       5.88%     13/5/2041         387,709       0.00%
     Myriad  Capital   plc                   GBP200,000       4.75%     20/12/2043         384,256       0.00%
     Affordable    Housing   Finance   plc               GBP200,000       3.80%     20/5/2042         382,605       0.00%
     SSE  plc                      GBP200,000       8.38%     20/11/2028         379,822       0.00%
     BAT  International    Finance   plc               EUR350,000       2.00%     13/3/2045         379,509       0.00%
     Thames   Water  Utilities   Finance   plc             GBP200,000       4.63%      4/6/2046        379,183       0.00%
     Vodafone   Group  plc                   $325,000      4.38%     19/2/2043         378,444       0.00%
     HSBC  Holdings   plc                   GBP200,000       6.00%     29/3/2040         375,923       0.00%
     CK Hutchison    Europe   Finance   18 Ltd.             EUR300,000       2.00%     13/4/2030         369,687       0.00%
     BP Capital   Markets   plc                 EUR300,000       1.95%      3/3/2025        361,170       0.00%
     CNH  Industrial   Finance   Europe   SA             EUR300,000       1.75%     25/3/2027         359,175       0.00%
     Brambles   Finance   Ltd.                  EUR300,000       2.38%     12/6/2024         358,637       0.00%
     Experian   Finance   plc                  EUR300,000       1.38%     25/6/2026         357,388       0.00%
     Tritax  Big Box  plc                   GBP250,000       2.63%     14/12/2026         355,721       0.00%
     Metropolitan    Funding   plc                 GBP200,000       4.13%      5/4/2048        354,557       0.00%
     Royal  Mail  plc                    EUR300,000       1.25%     8/10/2026         354,116       0.00%
     Sky Ltd.                       EUR300,000       1.88%     24/11/2023         354,090       0.00%
     Vodafone   Group  plc                  GBP250,000       3.00%     12/8/2056         351,524       0.00%
     London   Stock  Exchange   Group  plc             EUR300,000       0.88%     19/9/2024         349,730       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Motability    Operations    Group  plc               EUR300,000       0.88%     14/3/2025        349,677      0.00%
                                168/362


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     Northern   Gas Networks   Finance   plc              GBP200,000       4.88%     15/11/2035         347,158      0.00%
     Informa   plc                      EUR300,000       1.25%     22/4/2028        342,196      0.00%
     National   Grid  Electricity    Transmission     plc            EUR300,000       0.19%     20/1/2025        342,035      0.00%
     M&G  plc＾                       GBP200,000       6.34%     19/12/2063         341,361      0.00%
     BG Energy   Capital   plc                    $265,000      5.13%     15/10/2041         339,689      0.00%
     Incommunities     Treasury   plc                 GBP200,000       3.25%     21/3/2049        338,935      0.00%
     National   Grid  plc                    EUR305,000       0.75%      1/9/2033        337,285      0.00%
     Transport   for London                    GBP200,000       3.63%     15/5/2045        337,077      0.00%
     Tritax  Big Box  plc                    GBP225,000       3.13%     14/12/2031         336,593      0.00%
     Orbit  Capital   plc                     GBP200,000       3.50%     24/3/2045        330,081      0.00%
     Unilever   Capital   Corp.                     $310,000      3.38%     22/3/2025        329,958      0.00%
     Experian   Finance   plc                    $295,000      4.25%      1/2/2029        327,710      0.00%
     HSBC  Capital   Funding   Dollar  1 LP＾                $200,000      10.18%      Perpetual        325,537      0.00%
     HSBC  Holdings   plc                     $300,000      3.90%     25/5/2026        324,060      0.00%
     Affinity   Water  Finance   2004  plc                GBP200,000       5.88%     13/7/2026        323,051      0.00%
     HSBC  Holdings   plc                     $225,000      6.10%     14/1/2042        322,244      0.00%
     Motability    Operations    Group  plc               GBP225,000       2.38%     14/3/2032        322,178      0.00%
     CK Hutchison    International    17 Ltd.                $300,000      3.50%      5/4/2027        321,790      0.00%
     Lloyds  Banking   Group  plc＾                   $300,000      3.57%     7/11/2028        320,688      0.00%
     Standard   Chartered    plc                    $300,000      5.20%     26/1/2024        320,616      0.00%
     Hutchison    Whampoa   International    14 Ltd.              $300,000      3.63%     31/10/2024         318,628      0.00%
     Lloyds  Banking   Group  plc                   $300,000      3.90%     12/3/2024        316,676      0.00%
     Centrica   plc                      GBP200,000       4.38%     13/3/2029        312,776      0.00%
     CK Hutchison    International    16 Ltd.                $300,000      2.75%     3/10/2026        312,374      0.00%
     Reckitt   Benckiser   Treasury   Services   plc              $300,000      3.63%     21/9/2023        312,015      0.00%
     Clydesdale    Bank  plc                   GBP200,000       4.63%      8/6/2026        311,201      0.00%
     GlaxoSmithKline      Capital,   Inc.                  $300,000      3.38%     15/5/2023        310,705      0.00%
     Santander   UK plc                     $300,000      2.88%     18/6/2024        310,566      0.00%
     Chancellor    Masters   & Scholars   of The  University    of Cambridge        GBP150,000       3.75%     17/10/2052         308,608      0.00%
     Eversholt   Funding   plc                   GBP200,000       3.53%      7/8/2042        305,647      0.00%
     Assura  Financing   plc                   GBP230,000       1.50%     15/9/2030        305,089      0.00%
     British  Airways   2020-1  Class  A Pass  Through   Trust           $287,094      4.25%     15/11/2032         304,256      0.00%
     CK Hutchison    International    20 Ltd.                $300,000      2.50%      8/5/2030        304,209      0.00%
     Astrazeneca    Finance   LLC                   $300,000      2.25%     28/5/2031        303,210      0.00%
     AA Bond  Co.,  Ltd.                    GBP200,000       6.27%     31/7/2025        302,584      0.00%
     AA Bond  Co.,  Ltd.                    GBP200,000       5.50%     31/7/2027        300,987      0.00%
     Wales  & West  Utilities   Finance   plc               GBP200,000       3.00%      3/8/2038        299,856      0.00%
     Bank  of England   Euro  Note                   $300,000      0.50%     28/4/2023        299,557      0.00%
     AstraZeneca    plc                      $300,000      0.30%     26/5/2023        298,295      0.00%
     Astrazeneca    Finance   LLC                   $300,000      1.75%     28/5/2028        298,071      0.00%
     Reynolds   American,    Inc.                    $275,000      4.45%     12/6/2025        296,952      0.00%
     Astrazeneca    Finance   LLC                   $300,000      1.20%     28/5/2026        296,330      0.00%
     Thames   Water  Utilities   Finance   plc              GBP200,000       3.50%     25/2/2028        295,504      0.00%
     Vodafone   Group  plc                     $225,000      5.13%     19/6/2059        294,285      0.00%
     RAC  Bond  Co. plc                    GBP200,000       4.87%      6/5/2026        293,587      0.00%
     Next  Group  plc                     GBP200,000       3.63%     18/5/2028        293,114      0.00%
     Sovereign   Housing   Capital   plc                GBP200,000       2.38%     4/11/2048        292,759      0.00%
     Land  Securities   Capital   Markets   plc              GBP200,000       2.63%     22/9/2037        292,348      0.00%
     Barclays   plc                       $225,000      4.95%     10/1/2047        291,495      0.00%
     Southern   Gas Networks   plc                 GBP200,000       3.10%     15/9/2036        289,012      0.00%
     Grainger   plc                      GBP200,000       3.38%     24/4/2028        287,617      0.00%
     Segro  plc                       GBP200,000       2.38%     11/10/2029         286,814      0.00%
                                169/362

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     Manchester    Airport   Group  Funding   plc             GBP200,000       4.13%      2/4/2024        285,812      0.00%
     Northern   Powergrid   Yorkshire   plc               GBP200,000       2.25%     9/10/2059        282,529      0.00%
     British  Telecommunications       plc                 $250,000      5.13%     4/12/2028        282,419      0.00%
     Informa   plc                      GBP200,000       3.13%      5/7/2026        281,580      0.00%
     Virgin  Money  UK plc＾                   GBP210,000       2.63%     19/8/2031        281,522      0.00%
     M&G  plc＾                       GBP200,000       3.88%     20/7/2049        280,928      0.00%
     Yorkshire   Water  Finance   plc＾                 GBP200,000       3.75%     22/3/2046        276,516      0.00%
     Standard   Chartered    plc                    $225,000      5.30%      9/1/2043        276,214      0.00%
     United  Utilities   Water  Finance   plc               GBP200,000       2.00%      3/7/2033        275,908      0.00%
     Annington    Funding   plc                   GBP200,000       2.92%     6/10/2051        275,155      0.00%
     Northumbrian     Water  Finance   plc               GBP200,000       1.63%     11/10/2026         272,688      0.00%
     WPP  Finance   2013                    GBP200,000       2.88%     14/9/2046        271,219      0.00%
     Aviva  plc＾                       GBP130,000       6.88%     20/5/2058        269,731      0.00%
     National   Grid  Electricity    Transmission     plc            CA($)340,000        2.30%     22/6/2029        267,392      0.00%
     Prudential    plc                       $250,000      3.13%     14/4/2030        266,794      0.00%
     Flagship   Finance   plc                   GBP200,000       1.88%     14/7/2061        265,257      0.00%
     Thames   Water  Utilities   Finance   plc              GBP150,000       6.75%     16/11/2028         265,035      0.00%
     Electricity    North  West  Ltd.                 GBP150,000       8.88%     25/3/2026        263,911      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Standard   Chartered    plc                  $250,000      3.20%     17/4/2025         260,999       0.00%
     Ashtead   Capital,   Inc.                   $250,000      4.38%     15/8/2027         259,351       0.00%
     AstraZeneca    plc                     $200,000      4.38%     17/8/2048         257,990       0.00%
     Diageo  Capital   plc                    $250,000      2.13%     24/10/2024         256,265       0.00%
     National   Grid  Gas plc                  GBP200,000       1.38%      7/2/2031        253,179       0.00%
     Wales  & West  Utilities   Finance   plc             GBP200,000       1.88%     28/5/2041         252,591       0.00%
     Gatwick   Funding   Ltd.                  GBP200,000       2.63%     7/10/2046         249,610       0.00%
     Diageo  Capital   plc                    $250,000      1.38%     29/9/2025         249,541       0.00%
     Barclays   plc＾                      $250,000      2.65%     24/6/2031         249,470       0.00%
     Rio Tinto  Finance   plc                  EUR200,000       2.88%     11/12/2024         247,577       0.00%
     CK Hutchison    Finance   16 Ltd.               EUR200,000       2.00%      6/4/2028        246,698       0.00%
     Mead  Johnson   Nutrition   Co.                 $225,000      4.13%     15/11/2025         245,784       0.00%
     GlaxoSmithKline      Capital,   Inc.                 $200,000      4.20%     18/3/2043         243,535       0.00%
     AA Bond  Co.,  Ltd.                   GBP181,000       3.25%     31/7/2028         242,960       0.00%
     Urenco   Finance   NV                  EUR200,000       2.38%     2/12/2024         241,413       0.00%
     SP Manweb   plc                    GBP150,000       4.88%     20/9/2027         240,441       0.00%
     RELX  Capital,   Inc.                   EUR200,000       1.30%     12/5/2025         236,102       0.00%
     AstraZeneca    plc                     $250,000      1.38%      6/8/2030        235,962       0.00%
     Diageo  Capital   plc                    $200,000      3.88%     29/4/2043         234,858       0.00%
     M&G  plc＾                       $200,000      6.50%     20/10/2048         233,838       0.00%
     New  England   Power  Co.                  $250,000      2.81%     6/10/2050         231,294       0.00%
     Diageo  Investment    Corp.                   $150,000      7.45%     15/4/2035         229,737       0.00%
     RELX  Finance   BV                   EUR200,000       0.88%     10/3/2032         228,778       0.00%
     RELX  Finance   BV                   EUR200,000       0.00%     18/3/2024         227,837       0.00%
     Beazley   Insurance   DAC                   $200,000      5.50%     10/9/2029         224,289       0.00%
     Standard   Chartered    plc＾                  $200,000      4.31%     21/5/2030         223,576       0.00%
     National   Westminster    Bank  plc               GBP150,000       5.13%     13/1/2024         219,929       0.00%
     Barclays   plc                      $200,000      4.34%     10/1/2028         218,913       0.00%
     Unilever   Capital   Corp.                   $200,000      3.50%     22/3/2028         218,863       0.00%
     CK Hutchison    International    17 II Ltd.              $205,000      3.25%     29/9/2027         218,372       0.00%
     CK Hutchison    International    19 II Ltd.              $200,000      3.38%      6/9/2049        218,250       0.00%
                                170/362


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     Standard   Chartered    plc＾                  $200,000      4.87%     15/3/2033         218,150       0.00%
     THFC  Funding   No 2 plc                 GBP100,000       6.35%      8/7/2039        217,860       0.00%
     Nationwide    Building   Society                  $200,000      3.90%     21/7/2025         216,028       0.00%
     Greene   King  Finance   plc                 GBP147,980       4.06%     15/3/2035         215,866       0.00%
     Reynolds   American,    Inc.                  $175,000      6.15%     15/9/2043         215,808       0.00%
     Lloyds  Banking   Group  plc                 $200,000      4.50%     4/11/2024         215,475       0.00%
     BP Capital   Markets   plc                  $200,000      3.28%     19/9/2027         215,109       0.00%
     Peabody   Capital   No 2 plc                 GBP100,000       4.63%     12/12/2053         212,142       0.00%
     Imperial   Brands   Finance   plc                 $200,000      3.88%     26/7/2029         212,064       0.00%
     British  Telecommunications       plc                $200,000      4.50%     4/12/2023         211,718       0.00%
     Heathrow   Funding   Ltd.                  EUR178,000       1.88%     14/3/2034         210,682       0.00%
     Standard   Chartered    plc＾                  $200,000      3.79%     21/5/2025         209,710       0.00%
     Circle  Anglia  Social  Housing   plc              GBP100,000       5.20%      2/3/2044        209,196       0.00%
     AstraZeneca    plc                     $200,000      3.50%     17/8/2023         208,626       0.00%
     CK Hutchison    International    19 II Ltd.              $200,000      2.75%      6/9/2029        207,208       0.00%
     Notting   Hill Genesis                    GBP100,000       4.38%     20/2/2054         206,178       0.00%
     Transport   for London                   GBP100,000       4.00%      7/4/2064        205,874       0.00%
     GlaxoSmithKline      Capital,   Inc.                 $200,000      2.80%     18/3/2023         204,941       0.00%
     Experian   Finance   plc                   $200,000      2.75%      8/3/2030        204,351       0.00%
     HSBC  Holdings   plc＾                    $200,000      2.85%      4/6/2031        202,939       0.00%
     Santander   UK plc                    $200,000      2.10%     13/1/2023         202,813       0.00%
     Santander   UK plc                    $200,000      1.63%     12/2/2023         202,039       0.00%
     Unilever   Capital   Corp.                   $200,000      2.13%      6/9/2029        201,718       0.00%
     Northumbrian     Water  Finance   plc              GBP100,000       5.13%     23/1/2042         201,258       0.00%
     Vodafone   Group  plc                   $150,000      6.25%     30/11/2032         199,392       0.00%
     LCR  Finance   plc                   GBP100,000       4.50%     7/12/2038         198,985       0.00%
     GlaxoSmithKline      Capital,   Inc.                 $150,000      5.38%     15/4/2034         198,654       0.00%
     London   Power  Networks   plc                GBP137,000       2.63%      1/3/2029        197,698       0.00%
     Diageo  Capital   plc                    $200,000      2.00%     29/4/2030         197,580       0.00%
     BPHA  Finance   plc                   GBP100,000       4.82%     11/4/2044         197,405       0.00%
     Niagara   Mohawk   Power  Corp.                 $175,000      4.12%     28/11/2042         195,957       0.00%
     Severn  Trent  Utilities   Finance   plc              GBP100,000       4.88%     24/1/2042         195,316       0.00%
     GlaxoSmithKline      Capital   plc                GBP100,000       4.25%     18/12/2045         191,178       0.00%
     EMH  Treasury   plc                   GBP100,000       4.50%     29/1/2044         190,938       0.00%
     Unilever   Capital   Corp.                   $200,000      1.38%     14/9/2030         189,272       0.00%
     HSBC  Bank  Capital   Funding   Sterling   1 LP＾           GBP100,000       5.84%      Perpetual        187,539       0.00%
     Legal  & General   Finance   plc                GBP100,000       5.88%     11/12/2031         185,801       0.00%
     Unilever   Capital   Corp.                   $175,000      3.10%     30/7/2025         185,578       0.00%
     GlaxoSmithKline      Capital   plc                GBP100,000       5.25%     19/12/2033         185,226       0.00%
     Western   Power  Distribution    West  Midlands   plc         GBP100,000       5.75%     16/4/2032         180,730       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     London   & Quadrant   Housing   Trust              GBP100,000       3.75%     27/10/2049         180,556       0.00%
     Northern   Powergrid   Yorkshire   plc              GBP100,000       5.13%      4/5/2035        180,399       0.00%
     British  Telecommunications       plc               GBP100,000       6.38%     23/6/2037         180,332       0.00%
     Yorkshire   Housing   Finance   plc               GBP100,000       4.13%     31/10/2044         179,775       0.00%
     Lloyds  Bank  plc                    GBP100,000       6.00%      8/2/2029        178,877       0.00%
     Centrica   plc                     GBP100,000       4.25%     12/9/2044         169,338       0.00%
     Citizen   Treasury   plc                  GBP100,000       3.25%     20/10/2048         168,323       0.00%
     BP Capital   Markets   plc                 CA($)200,000        3.47%     15/5/2025         166,361       0.00%
     RELX  Capital,   Inc.                    $150,000      4.00%     18/3/2029         166,338       0.00%
                                171/362


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     BAE  Systems   Holdings,   Inc.                 $135,000      4.75%     7/10/2044         165,831       0.00%
     Lloyds  Banking   Group  plc                CA($)200,000        3.50%      3/2/2025        165,331       0.00%
     Heathrow   Funding   Ltd.                 CA($)200,000        3.40%      8/3/2028        164,720       0.00%
     Southern   Housing   Group  Ltd.                GBP100,000       3.50%     19/10/2047         164,410       0.00%
     Motability    Operations    Group  plc              GBP100,000       3.63%     10/3/2036         163,855       0.00%
     CNH  Industrial   NV                    $150,000      3.85%     15/11/2027         163,713       0.00%
     Transport   for London                   GBP100,000       4.00%     12/9/2033         163,158       0.00%
     Lloyds  Bank  plc                    GBP100,000       4.88%     30/3/2027         160,887       0.00%
     AstraZeneca    plc                     $150,000      3.13%     12/6/2027         160,841       0.00%
     HSBC  Holdings   plc                   GBP100,000       5.75%     20/12/2027         159,599       0.00%
     Nationwide    Building   Society                 GBP100,000       5.63%     28/1/2026         159,565       0.00%
     Gatwick   Funding   Ltd.                  GBP100,000       4.63%     27/3/2034         158,643       0.00%
     Anglian   Water  Services   Financing   plc             GBP100,000       4.50%     5/10/2027         157,617       0.00%
     Sky Ltd.                       GBP100,000       4.00%     26/11/2029         157,591       0.00%
     Crh Finance   UK plc                  GBP100,000       4.13%     2/12/2029         157,534       0.00%
     M&G  plc＾                      GBP100,000       5.56%     20/7/2055         157,249       0.00%
     Aviva  plc＾                      GBP100,000       5.13%      4/6/2050        156,685       0.00%
     Swan  Housing   Capital   plc                 GBP100,000       3.63%      5/3/2048        155,623       0.00%
     RELX  Capital,   Inc.                    $150,000      3.50%     16/3/2023         154,447       0.00%
     Lloyds  Bank  plc                    GBP100,000       7.50%     15/4/2024         154,052       0.00%
     Morhomes    plc                    GBP100,000       3.40%     19/2/2038         152,556       0.00%
     Lloyds  Bank  plc                    GBP100,000       5.13%      7/3/2025        152,300       0.00%
     Aspire  Defence   Finance   plc                GBP84,479       4.67%     31/3/2040         147,427       0.00%
     Severn  Trent  Utilities   Finance   plc              GBP100,000       2.75%     5/12/2031         146,712       0.00%
     Cadent   Finance   plc                  GBP100,000       3.13%     21/3/2040         146,215       0.00%
     DWR  Cymru  Financing   UK plc               GBP100,000       2.50%     31/3/2036         146,170       0.00%
     Scotland   Gas Networks   plc                GBP100,000       3.25%      8/3/2027        146,155       0.00%
     RL Finance   Bonds  No. 2 plc＾                GBP100,000       6.13%     30/11/2043         145,776       0.00%
     BAT  International    Finance   plc               GBP100,000       4.00%      4/9/2026        145,063       0.00%
     Linde  Finance   BV                   GBP100,000       5.88%     24/4/2023         144,007       0.00%
     InterContinental      Hotels  Group  plc              GBP100,000       3.75%     14/8/2025         143,168       0.00%
     HSBC  Holdings   plc                    $100,000      6.80%      1/6/2038        142,309       0.00%
     Bazalgette    Finance   plc                 GBP100,000       2.38%     29/11/2027         141,841       0.00%
     Western   Power  Distribution    East  Midlands   plc          GBP100,000       5.25%     17/1/2023         141,082       0.00%
     Diageo  Capital   plc                    $100,000      5.88%     30/9/2036         140,066       0.00%
     Compass   Group  plc                  GBP100,000       2.00%      3/7/2029        139,769       0.00%
     Compass   Group  plc                  GBP100,000       2.00%      5/9/2025        138,625       0.00%
     Cadent   Finance   plc                  GBP100,000       2.63%     22/9/2038         138,117       0.00%
     Unilever   Capital   Corp.                   $100,000      5.90%     15/11/2032         134,458       0.00%
     BAE  Systems   Holdings,   Inc.                 $125,000      3.85%     15/12/2025         134,155       0.00%
     Natwest   Group  plc                    $120,000      6.00%     19/12/2023         130,331       0.00%
     Mead  Johnson   Nutrition   Co.                 $100,000      4.60%      1/6/2044        129,001       0.00%
     LCR  Finance   plc                    GBP50,000       5.10%      7/3/2051        127,234       0.00%
     CK Hutchison    International    20 Ltd.               $115,000      3.38%      8/5/2050        125,514       0.00%
     BAT  Capital   Corp.                     $130,000      3.73%     25/9/2040         124,790       0.00%
     AstraZeneca    plc                     $100,000      4.00%     18/9/2042         119,233       0.00%
     Heathrow   Funding   Ltd.                  EUR100,000       1.50%     11/2/2030         117,232       0.00%
     Wods  Transmission     plc                  GBP77,418       3.45%     24/8/2034         116,204       0.00%
     CK Hutchison    Finance   16 Ltd.               EUR100,000       1.25%      6/4/2023        115,680       0.00%
     Greater   Gabbard   OFTO  plc                GBP74,657       4.14%     29/11/2032         114,727       0.00%
     Arqiva  Financing   plc                   GBP73,336       4.88%     31/12/2032         114,305       0.00%
     nVent  Finance   Sarl                    $100,000      4.55%     15/4/2028         111,028       0.00%
                                172/362

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     Vodafone   Group  plc                   $100,000      4.13%     30/5/2025         108,231       0.00%
     Gwynt  y Mor  OFTO  plc                 GBP76,184       2.78%     17/2/2034         106,873       0.00%
     WPP  Finance   2010                    $100,000      3.75%     19/9/2024         105,852       0.00%
     Centrica   plc                      $100,000      4.00%     16/10/2023         104,192       0.00%
     GlaxoSmithKline      Capital   plc                GBP50,000       5.25%     10/4/2042         103,657       0.00%
     Unilever   Capital   Corp.                   $100,000      2.00%     28/7/2026         102,351       0.00%
     Diageo  Capital   plc                    $100,000      2.63%     29/4/2023         102,088       0.00%
     Network   Rail Infrastructure     Finance   plc            GBP50,000       4.75%     29/11/2035          96,238      0.00%
     Sky Ltd.                       GBP50,000       6.00%     21/5/2027         83,360      0.00%
     LCR  Finance   plc                    GBP50,000       4.50%     7/12/2028         82,800      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Southern   Gas Networks   plc                GBP50,000       4.88%     21/3/2029         81,955      0.00%
     Broadgate    Financing   plc                 GBP50,000       5.00%     5/10/2031         77,277      0.00%
     Network   Rail Infrastructure     Finance   plc            GBP50,000       4.75%     22/1/2024         73,017      0.00%
     Mead  Johnson   Nutrition   Co.                 $50,000      5.90%     1/11/2039         71,303      0.00%
     Santander   UK plc                     $50,000      4.00%     13/3/2024         52,941      0.00%
                                                 1,004,442,862         4.29%
     米国  41.86%  (2020:  39.68%)
           1
                             $94,195,000       0.13%     15/8/2023        93,418,627        0.40%
     US Treasury   Note
     US Treasury   Note                    $79,650,000       2.25%     15/11/2024        82,580,871        0.35%
     US Treasury   Note                    $66,709,900       2.88%     15/8/2028        72,880,566        0.31%
     US Treasury   Note                    $67,992,000       1.63%     15/5/2031        68,863,148        0.30%
     US Treasury   Note                    $61,291,000       0.38%     15/7/2024        60,534,439        0.26%
     US Treasury   Note                    $58,619,100       1.13%     28/2/2025        58,838,922        0.25%
     Federal   National   Mortgage   Association               $52,604,819       2.50%      1/1/2052       53,712,595        0.23%
     US Treasury   Note                    $54,029,000       0.25%     15/5/2024        53,294,543        0.23%
     US Treasury   Note                    $49,318,000       1.13%     15/2/2031        47,869,284        0.21%
     US Treasury   Note                    $48,132,400       1.13%     28/2/2027        47,771,407        0.21%
     US Treasury   Note                    $45,905,000       2.50%     31/1/2024        47,547,538        0.20%
     US Treasury   Note                    $46,731,000       0.63%     15/10/2024        46,358,612        0.20%
     US Treasury   Note                    $46,057,000       1.25%     15/8/2031        45,042,307        0.19%
     US Treasury   Note                    $46,154,000       0.88%     15/11/2030        43,889,569        0.19%
     US Treasury   Note                    $42,610,000       1.38%     31/10/2028        42,450,213        0.18%
     US Treasury   Note                    $42,773,000       1.00%     31/7/2028        41,656,892        0.18%
     US Treasury   Note                    $44,335,700       0.63%     15/8/2030        41,356,895        0.18%
     US Treasury   Note                    $37,736,000       1.63%     31/10/2026        38,390,484        0.17%
           1
                             $38,630,000       0.63%     30/11/2027        37,015,387        0.16%
     US Treasury   Note
     US Treasury   Note                    $36,875,000       0.50%     31/3/2025        36,267,139        0.16%
     US Treasury   Note                    $36,073,000       0.13%     15/12/2023        35,658,724        0.15%
           1
                             $37,994,000       0.63%     15/5/2030        35,530,327        0.15%
     US Treasury   Note
     US Treasury   Bond                    $35,606,000       1.88%     15/2/2051        35,272,194        0.15%
     US Treasury   Note                    $33,725,000       2.38%     29/2/2024        34,871,123        0.15%
     US Treasury   Note                    $35,005,000       0.13%     15/10/2023        34,653,583        0.15%
     US Treasury   Note                    $34,660,000       0.13%     31/8/2023        34,355,371        0.15%
     US Treasury   Note                    $35,970,000       0.50%     31/10/2027        34,247,374        0.15%
     US Treasury   Note                    $35,353,000       0.38%     31/1/2026        34,215,075        0.15%
     US Treasury   Note                    $34,069,000       1.25%     30/4/2028        33,770,896        0.15%
     US Treasury   Bond                    $30,442,000       2.38%     15/5/2051        33,662,193        0.15%
                                173/362


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     US Treasury   Bond                    $32,793,000       2.00%     15/8/2051        33,479,603        0.14%
     US Treasury   Note                    $32,405,000       1.63%     15/12/2022        32,789,809        0.14%
     US Treasury   Note                    $34,135,000       0.63%     31/12/2027        32,670,929        0.14%
           1
                             $36,855,000       1.38%     15/8/2050        32,317,228        0.14%
     US Treasury   Bond
     US Treasury   Note                    $30,025,000       2.88%     30/11/2025        32,009,465        0.14%
     US Treasury   Note                    $30,346,000       0.13%     28/2/2023        30,223,905        0.13%
     US Treasury   Bond                    $28,493,000       2.25%     15/5/2041        29,908,746        0.13%
     US Treasury   Note                    $30,818,000       0.63%     31/3/2027        29,799,562        0.13%
     US Treasury   Note                    $29,213,000       1.50%     30/11/2024        29,676,300        0.13%
     US Treasury   Note                    $30,017,500       1.13%     29/2/2028        29,593,034        0.13%
     US Treasury   Note                    $28,856,500       1.63%     15/8/2029        29,280,330        0.13%
     US Treasury   Note                    $28,505,000       0.13%     15/1/2024        28,144,234        0.12%
     Federal   National   Mortgage   Association               $28,135,613       2.00%      1/1/2052       28,057,046        0.12%
           1
                             $27,500,000       1.63%     15/2/2026        27,979,102        0.12%
     US Treasury   Note
     US Treasury   Note                    $28,087,000       1.13%     31/10/2026        27,913,651        0.12%
     US Treasury   Note                    $26,767,800       2.88%     31/10/2023        27,821,782        0.12%
     US Treasury   Note                    $27,498,000       1.50%     15/1/2023        27,797,685        0.12%
     US Treasury   Note                    $27,270,000       1.50%     15/8/2026        27,587,440        0.12%
     US Treasury   Note                    $27,360,500       1.50%     15/2/2030        27,505,853        0.12%
     US Treasury   Note                    $26,786,000       1.50%     31/1/2027        27,093,621        0.12%
           1
                             $25,535,000       2.38%     15/8/2024        26,514,507        0.11%
     US Treasury   Note
     US Treasury   Note                    $24,500,000       2.63%     15/2/2029        26,490,625        0.11%
     US Treasury   Bond                    $26,766,000       1.88%     15/2/2041        26,477,429        0.11%
     US Treasury   Note                    $26,982,000       0.75%     30/4/2026        26,455,008        0.11%
           1
                             $24,775,000       2.25%     15/8/2046        26,211,176        0.11%
     US Treasury   Bond
     US Treasury   Note                    $27,275,000       0.50%     30/4/2027        26,169,084        0.11%
     US Treasury   Note                    $26,190,000       0.13%     15/2/2024        25,848,302        0.11%
           1
                             $20,933,000       3.00%     15/2/2049        25,757,402        0.11%
     US Treasury   Bond
           1
                             $25,303,000       1.63%     30/9/2026        25,743,826        0.11%
     US Treasury   Note
     US Treasury   Bond                    $26,531,000       1.75%     15/8/2041        25,706,052        0.11%
     US Treasury   Note                    $25,150,000       1.63%     15/5/2026        25,580,301        0.11%
     US Treasury   Note                    $23,430,000       2.88%     15/5/2028        25,533,209        0.11%
     US Treasury   Note                    $25,737,000       0.75%     31/5/2026        25,218,239        0.11%
     US Treasury   Bond                    $26,581,000       1.63%     15/11/2050        24,782,629        0.11%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     US Treasury   Note                    $24,930,000       1.25%     30/9/2028        24,645,642        0.11%
     US Treasury   Note                    $24,373,000       0.38%     15/4/2024        24,129,270        0.10%
     US Treasury   Note                    $24,290,000       0.13%     31/7/2023        24,097,388        0.10%
     US Treasury   Bond                    $19,694,000       3.13%     15/8/2044        23,937,442        0.10%
     US Treasury   Bond                    $19,800,000       2.88%     15/5/2049        23,874,469        0.10%
           1
                             $24,254,000       0.25%     31/5/2025        23,594,594        0.10%
     US Treasury   Note
     US Treasury   Note                    $21,200,000       3.13%     15/11/2028        23,571,750        0.10%
     US Treasury   Note                    $23,796,000       1.38%     15/11/2031        23,498,550        0.10%
     US Treasury   Bond                    $17,977,500       3.63%     15/8/2043        23,328,615        0.10%
     US Treasury   Note                    $23,360,000       0.13%     31/3/2023        23,245,938        0.10%
     US Treasury   Bond                    $17,700,000       3.38%     15/11/2048        23,175,938        0.10%
                                174/362


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     US Treasury   Note                    $23,560,500       0.38%     30/4/2025        23,043,274        0.10%
     US Treasury   Note                    $23,737,000       0.25%     31/8/2025        22,998,928        0.10%
     US Treasury   Note                    $23,426,000       0.75%     31/1/2028        22,567,657        0.10%
     US Treasury   Note                    $22,525,000       0.13%     31/5/2023        22,385,979        0.10%
           1
                             $22,735,000       1.13%     31/8/2028        22,305,166        0.10%
     US Treasury   Note
     US Treasury   Note                    $22,372,500       0.13%     30/6/2023        22,219,563        0.10%
     US Treasury   Note                    $23,207,000       0.50%     31/8/2027        22,153,620        0.10%
     US Treasury   Note                    $21,549,000       1.75%     31/12/2024        22,043,954        0.10%
     US Treasury   Bond                    $24,135,300       1.38%     15/11/2040        21,978,208        0.10%
     US Treasury   Note                    $22,615,000       0.38%     31/12/2025        21,924,183        0.10%
     US Treasury   Note                    $22,558,000       0.25%     30/6/2025        21,918,269        0.10%
     US Treasury   Note                    $21,332,000       2.63%     28/2/2023        21,857,801        0.09%
     US Treasury   Note                    $22,128,000       0.25%     31/7/2025        21,465,889        0.09%
     US Treasury   Note                    $21,455,000       1.25%     31/3/2028        21,272,297        0.09%
     US Treasury   Bond                    $20,703,100       2.00%     15/2/2050        21,052,465        0.09%
     US Treasury   Note                    $21,245,000       1.25%     31/5/2028        21,044,168        0.09%
     US Treasury   Note                    $21,259,000       0.63%     31/7/2026        20,679,360        0.09%
     US Treasury   Bond                    $18,700,000       2.50%     15/2/2046        20,669,344        0.09%
     US Treasury   Bond                    $16,898,000       3.00%     15/2/2048        20,641,963        0.09%
     US Treasury   Note                    $20,690,000       0.13%     15/7/2023        20,538,058        0.09%
     US Treasury   Bond                    $16,592,700       3.00%     15/8/2048        20,323,465        0.09%
     US Treasury   Bond                    $17,000,000       3.00%     15/11/2044        20,291,094        0.09%
     US Treasury   Note                    $20,560,000       0.38%     15/9/2024        20,270,875        0.09%
     US Treasury   Note                    $20,465,000       1.25%     30/6/2028        20,261,949        0.09%
     US Treasury   Note                    $20,831,000       0.50%     28/2/2026        20,245,128        0.09%
           1
                             $17,745,000       2.75%     15/11/2042        20,229,300        0.09%
     US Treasury   Bond
           1
                             $23,510,100       1.25%     15/5/2050        19,987,258        0.09%
     US Treasury   Bond
     US Treasury   Note                    $18,124,000       2.75%     15/2/2028        19,590,911        0.09%
     US Treasury   Bond                    $16,500,000       2.88%     15/11/2046        19,539,609        0.09%
     US Treasury   Note                    $18,591,000       2.75%     15/2/2024        19,363,688        0.08%
     US Treasury   Bond                    $14,823,000       3.63%     15/2/2044        19,297,693        0.08%
     US Treasury   Note                    $19,180,000       0.38%     15/8/2024        18,926,764        0.08%
     US Treasury   Note                    $19,009,000       0.13%     30/4/2023        18,903,560        0.08%
     US Treasury   Bond                    $17,541,000       2.25%     15/8/2049        18,793,537        0.08%
     US Treasury   Bond                    $16,942,000       2.50%     15/2/2045        18,646,789        0.08%
     US Treasury   Note                    $17,674,000       2.75%     28/2/2025        18,626,739        0.08%
     US Treasury   Note                    $17,618,000       2.75%     30/6/2025        18,625,529        0.08%
     US Treasury   Note                    $18,232,600       1.50%     30/9/2024        18,523,182        0.08%
     US Treasury   Note                    $17,874,000       1.75%     15/11/2029        18,320,850        0.08%
     US Treasury   Note                    $18,295,000       0.13%     15/9/2023        18,126,343        0.08%
     US Treasury   Bond                    $16,382,000       2.38%     15/11/2049        18,015,081        0.08%
     US Treasury   Bond                    $17,887,000       1.88%     15/11/2051        17,775,206        0.08%
     US Treasury   Bond                    $15,100,000       2.88%     15/8/2045        17,744,859        0.08%
     Federal   National   Mortgage   Association               $17,573,973       2.00%     1/12/2050        17,561,009        0.08%
     US Treasury   Bond                    $14,520,000       3.13%     15/2/2043        17,507,944        0.08%
     US Treasury   Note                    $18,115,000       0.50%     31/5/2027        17,347,943        0.08%
     US Treasury   Note                    $17,594,000       0.25%     15/6/2024        17,335,588        0.08%
     US Treasury   Bond                    $13,740,000       3.38%     15/5/2044        17,308,106        0.08%
     US Treasury   Note                    $17,343,000       0.13%     31/1/2023        17,283,383        0.08%
     US Treasury   Note                    $16,420,000       2.50%     31/1/2025        17,169,163        0.07%
                                175/362


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     US Treasury   Note                    $17,770,000       0.50%     30/6/2027        17,007,834        0.07%
     US Treasury   Bond                    $16,670,000       2.00%     15/11/2041        16,854,933        0.07%
     US Treasury   Note                    $15,775,000       2.38%     15/5/2029        16,820,094        0.07%
     Federal   Home  Loan  Mortgage   Corp.              $16,622,615       2.00%      1/1/2052       16,585,151        0.07%
     US Treasury   Note                    $16,476,000       0.75%     31/3/2026        16,167,075        0.07%
     Federal   National   Mortgage   Association               $16,104,401       2.00%      1/1/2051       16,092,711        0.07%
     US Treasury   Note                    $15,331,000       2.13%     30/9/2024        15,830,455        0.07%
     US Treasury   Note                    $15,525,000       2.00%     15/2/2023        15,791,230        0.07%
     US Treasury   Note                    $14,634,000       2.63%     31/3/2025        15,380,563        0.07%
     Federal   Home  Loan  Mortgage   Corp.              $15,145,655       2.00%     1/12/2050        15,134,657        0.07%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
           1
                             $13,000,000       2.88%     15/5/2043        15,112,500        0.07%
     US Treasury   Bond
     US Treasury   Note                    $15,835,000       0.38%     31/7/2027        15,044,487        0.07%
     US Treasury   Note                    $14,509,000       2.75%     31/8/2023        15,006,613        0.07%
     Federal   National   Mortgage   Association               $14,643,591       2.00%      1/1/2037       15,004,720        0.07%
     US Treasury   Note                    $14,400,000       1.63%     30/11/2026        14,652,000        0.06%
     US Treasury   Note                    $14,993,000       0.38%     30/11/2025        14,545,553        0.06%
     US Treasury   Note                    $14,715,000       0.88%     30/6/2026        14,485,078        0.06%
     US Treasury   Note                    $14,084,000       1.75%     30/6/2024        14,390,987        0.06%
     US Treasury   Note                    $13,915,000       1.75%     31/12/2026        14,246,568        0.06%
     US Treasury   Note                    $14,104,000       1.25%     31/7/2023        14,243,938        0.06%
     US Treasury   Bond                    $14,220,000       1.25%     30/11/2026        14,218,889        0.06%
     US Treasury   Note                    $13,985,000       1.75%     15/5/2023        14,213,349        0.06%
     US Treasury   Note                    $14,254,000       0.25%     15/4/2023        14,206,116        0.06%
     US Treasury   Note                    $14,190,000       0.25%     15/6/2023        14,122,930        0.06%
     US Treasury   Bond                    $12,000,000       2.75%     15/11/2047        13,987,500        0.06%
     US Treasury   Note                    $13,780,200       0.50%     15/3/2023        13,782,891        0.06%
     US Treasury   Bond                    $11,300,000       3.00%     15/2/2047        13,692,422        0.06%
     Federal   Home  Loan  Mortgage   Corp.              $13,657,067       2.00%      1/5/2051       13,626,287        0.06%
     US Treasury   Bond                    $12,185,000       2.50%     15/5/2046        13,475,848        0.06%
     US Treasury   Bond                    $11,245,000       3.00%     15/5/2045        13,462,373        0.06%
     US Treasury   Note                    $12,780,000       2.75%     31/5/2023        13,172,885        0.06%
     US Treasury   Note                    $12,262,300       2.88%     31/7/2025        13,034,442        0.06%
     US Treasury   Note                    $12,630,000       2.25%     31/1/2024        13,016,794        0.06%
     US Treasury   Note                    $12,495,000       2.00%     30/4/2024        12,833,732        0.06%
     Federal   National   Mortgage   Association               $12,766,934       2.00%      1/2/2051       12,760,480        0.06%
     Federal   National   Mortgage   Association               $12,773,297       2.00%      1/6/2051       12,744,503        0.06%
     Federal   National   Mortgage   Association               $12,734,022       2.00%      1/9/2050       12,735,436        0.06%
     US Treasury   Note                    $12,800,000       0.13%     15/5/2023        12,726,000        0.06%
     US Treasury   Note                    $12,332,000       2.00%     31/5/2024        12,671,130        0.06%
     US Treasury   Bond                    $9,400,000       3.75%     15/11/2043        12,437,375        0.05%
     US Treasury   Bond                    $14,179,000       1.13%     15/8/2040        12,373,393        0.05%
     US Treasury   Note                    $12,065,000       1.25%     31/8/2024        12,176,224        0.05%
     US Treasury   Note                    $12,250,000       0.25%     15/11/2023        12,148,555        0.05%
     US Treasury   Note                    $11,952,000       1.50%     31/10/2024        12,139,684        0.05%
     US Treasury   Note                    $11,685,000       2.25%     31/10/2024        12,112,233        0.05%
     Federal   National   Mortgage   Association               $11,770,804       2.00%      1/5/2051       11,747,941        0.05%
     US Treasury   Note                    $11,300,000       2.00%     15/2/2025        11,640,766        0.05%
     US Treasury   Note                    $10,900,000       2.88%     31/5/2025        11,558,258        0.05%
                                176/362


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     US Treasury   Note                    $10,947,000       2.38%     30/4/2026        11,484,942        0.05%
     Federal   National   Mortgage   Association               $10,961,324       3.00%     1/11/2046        11,478,700        0.05%
     Federal   National   Mortgage   Association               $11,337,069       2.00%     1/10/2050        11,332,718        0.05%
     US Treasury   Note                    $11,708,000       0.25%     31/10/2025        11,319,258        0.05%
     Federal   Home  Loan  Mortgage   Corp.              $11,321,790       2.00%     1/12/2051        11,296,273        0.05%
     Federal   National   Mortgage   Association               $11,294,411       2.00%     1/11/2050        11,286,212        0.05%
     Federal   Home  Loan  Mortgage   Corp.              $11,191,870       2.00%      1/2/2051       11,183,742        0.05%
     US Treasury   Note                    $10,775,000       2.50%     15/8/2023        11,096,146        0.05%
     US Treasury   Note                    $10,883,000       1.38%     31/1/2025        11,007,985        0.05%
     US Treasury   Note                    $10,556,000       2.63%     30/6/2023        10,874,329        0.05%
     US Treasury   Note                    $10,650,000       1.38%     30/6/2023        10,776,053        0.05%
     US Treasury   Bond                    $12,225,000       1.13%     15/5/2040        10,712,156        0.05%
           1
                              $7,330,000       5.00%     15/5/2037        10,670,877        0.05%
     US Treasury   Bond
     Government    National   Mortgage   Association             $10,462,268       2.00%     20/3/2051        10,565,658        0.05%
     US Treasury   Note                    $10,050,000       2.25%     15/8/2027        10,546,219        0.05%
           1
                              $7,625,900       4.50%     15/2/2036        10,474,889        0.05%
     US Treasury   Bond
     US Treasury   Note                    $10,164,000       2.13%     31/3/2024        10,460,185        0.05%
     Federal   National   Mortgage   Association               $10,726,652       1.50%      1/1/2051       10,398,617        0.05%
     US Treasury   Note                    $10,027,000       2.13%     30/11/2024        10,362,278        0.05%
     US Treasury   Bond                    $8,561,000       3.00%     15/11/2045        10,293,265        0.05%
     Government    National   Mortgage   Association              $9,603,000       2.50%      1/1/2052        9,840,386       0.04%
     Federal   National   Mortgage   Association               $9,813,859       2.00%      1/4/2051        9,791,736       0.04%
     Federal   National   Mortgage   Association               $9,575,390       2.50%      1/6/2051        9,780,906       0.04%
     Government    National   Mortgage   Association              $9,648,554       2.00%     20/11/2051         9,743,902       0.04%
     US Treasury   Note                    $9,320,000       2.13%     29/2/2024        9,586,494       0.04%
     Government    National   Mortgage   Association              $9,257,176       2.50%     20/6/2051        9,494,780       0.04%
     Federal   National   Mortgage   Association               $9,483,846       2.00%     1/10/2051        9,462,467       0.04%
     US Treasury   Note                    $8,905,000       2.63%     31/12/2025         9,417,038       0.04%
     Federal   Home  Loan  Mortgage   Corp.              $9,280,613       2.00%     1/11/2050        9,273,873       0.04%
     Federal   National   Mortgage   Association               $9,253,721       2.00%     1/12/2051        9,232,861       0.04%
     US Treasury   Note                    $8,874,000       2.63%     31/12/2023         9,204,348       0.04%
     Federal   Home  Loan  Mortgage   Corp.              $9,214,534       2.00%      1/3/2051        9,195,705       0.04%
     Federal   National   Mortgage   Association               $9,140,021       2.00%     1/11/2051        9,119,418       0.04%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   Home  Loan  Mortgage   Corp.              $9,132,450       2.00%     1/11/2051        9,111,868       0.04%
     Federal   Home  Loan  Mortgage   Corp.              $8,742,746       2.00%      1/2/2036        8,986,027       0.04%
     US Treasury   Note                    $8,725,000       2.00%     30/6/2024        8,968,346       0.04%
           1
                              $8,362,600       3.00%     31/10/2025         8,945,369       0.04%
     US Treasury   Note
     Federal   National   Mortgage   Association               $8,597,190       3.00%      1/1/2052        8,910,821       0.04%
     US Treasury   Note                    $8,720,500       2.13%     31/12/2022         8,865,615       0.04%
     Government    National   Mortgage   Association              $8,535,854       2.00%     20/1/2051        8,622,114       0.04%
     US Treasury   Bond                    $7,200,000       3.00%     15/5/2042        8,529,750       0.04%
     US Treasury   Bond                    $7,031,000       3.13%     15/2/2042        8,473,454       0.04%
     Federal   Home  Loan  Banks                  $8,500,000       0.13%      2/6/2023        8,445,918       0.04%
     Federal   National   Mortgage   Association               $8,265,139       2.50%      1/6/2050        8,439,835       0.04%
     US Treasury   Note                    $8,239,000       1.50%     28/2/2023        8,336,194       0.04%
     US Treasury   Bond                    $7,275,000       2.75%     15/8/2042        8,294,637       0.04%
     Federal   Home  Loan  Mortgage   Corp.              $8,096,459       2.50%     1/11/2051        8,272,267       0.04%
                                177/362


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     Federal   National   Mortgage   Association               $8,091,579       2.50%     1/11/2051        8,267,187       0.04%
     Government    National   Mortgage   Association              $8,184,204       2.00%     20/4/2051        8,265,081       0.04%
     Government    National   Mortgage   Association              $7,866,317       2.50%     20/12/2050         8,064,316       0.04%
     Federal   National   Mortgage   Association               $7,851,602       2.50%     1/12/2051        8,022,610       0.04%
     Federal   Home  Loan  Mortgage   Corp.              $7,799,035       2.50%      1/7/2051        7,966,514       0.04%
     Federal   National   Mortgage   Association               $7,714,590       2.50%      1/7/2051        7,880,168       0.04%
     US Treasury   Bond                    $6,700,000       2.75%     15/8/2047        7,804,453       0.03%
     Federal   National   Mortgage   Association               $7,764,027       2.00%      1/8/2050        7,762,845       0.03%
     US Treasury   Note                    $7,376,000       2.25%     30/4/2024        7,617,449       0.03%
     US Treasury   Note                    $7,500,000       1.75%     31/1/2023        7,604,883       0.03%
     US Treasury   Note                    $7,280,000       2.25%     31/3/2026        7,595,088       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $7,601,219       2.00%     1/10/2051        7,584,088       0.03%
     US Treasury   Note                    $7,990,000       0.38%     30/9/2027        7,566,156       0.03%
     Federal   National   Mortgage   Association               $7,579,244       2.00%      1/8/2051        7,562,158       0.03%
     US Treasury   Note                    $7,137,000       2.75%     31/8/2025        7,551,838       0.03%
     Government    National   Mortgage   Association              $7,273,818       2.50%     20/8/2050        7,456,903       0.03%
     Federal   National   Mortgage   Association               $7,336,765       2.00%     1/11/2041        7,419,444       0.03%
     US Treasury   Bond                    $5,280,000       4.50%     15/5/2038        7,378,800       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $7,363,580       2.00%      1/4/2051        7,357,768       0.03%
     Federal   National   Mortgage   Association               $7,186,225       2.50%      1/8/2051        7,340,516       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $7,175,000       2.50%      1/1/2052        7,331,910       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $7,107,238       2.50%      1/2/2051        7,325,708       0.03%
     Government    National   Mortgage   Association              $7,199,803       2.00%     20/7/2051        7,270,953       0.03%
     US Treasury   Bond                    $5,199,000       4.25%     15/5/2039        7,125,879       0.03%
     Federal   National   Mortgage   Association               $7,134,209       2.00%      1/3/2051        7,118,127       0.03%
     US Treasury   Note                    $7,000,000       1.63%     31/5/2023        7,104,453       0.03%
     Federal   National   Mortgage   Association               $6,947,405       2.50%      1/5/2050        7,094,249       0.03%
     Federal   National   Mortgage   Association               $7,002,924       2.00%      1/7/2050        6,997,840       0.03%
     Federal   National   Mortgage   Association               $6,488,484       3.50%      1/7/2047        6,947,100       0.03%
     US Treasury   Note                    $6,800,000       1.50%     31/3/2023        6,882,344       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $6,897,772       2.00%      1/7/2051        6,882,226       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $6,823,495       2.00%      1/6/2051        6,808,117       0.03%
     US Treasury   Note                    $6,615,000       2.75%     30/4/2023        6,807,765       0.03%
     Federal   National   Mortgage   Association               $7,000,000       0.75%     8/10/2027        6,767,812       0.03%
     Federal   National   Mortgage   Association               $6,780,442       2.00%      1/7/2051        6,765,158       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $6,611,081       2.50%     1/12/2051        6,755,147       0.03%
     US Treasury   Bond                    $4,900,000       4.38%     15/2/2038        6,748,219       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $6,668,511       2.00%      1/1/2051        6,663,669       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $6,759,994       1.50%     1/11/2050        6,553,303       0.03%
     Federal   National   Mortgage   Association               $6,295,711       3.00%      1/7/2051        6,531,311       0.03%
     Federal   National   Mortgage   Association               $6,326,982       2.50%      1/1/2051        6,484,464       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $6,323,162       2.50%      1/7/2050        6,472,996       0.03%
     Federal   National   Mortgage   Association               $6,093,033       3.50%      1/6/2049        6,449,520       0.03%
     Government    National   Mortgage   Association              $6,342,035       2.00%     20/8/2051        6,404,708       0.03%
     Government    National   Mortgage   Association              $6,345,000       2.00%      1/1/2052        6,402,042       0.03%
     Government    National   Mortgage   Association              $6,232,187       2.50%     20/4/2051        6,392,148       0.03%
     US Treasury   Note                    $6,185,000       2.13%     31/7/2024        6,380,697       0.03%
     US Treasury   Bond                    $4,425,000       4.63%     15/2/2040        6,351,258       0.03%
     Federal   National   Mortgage   Association               $6,203,488       2.50%      1/9/2051        6,341,294       0.03%
     Federal   National   Mortgage   Association               $6,300,505       1.50%      1/1/2037        6,322,823       0.03%
     Government    National   Mortgage   Association              $6,143,144       2.50%     20/7/2051        6,300,819       0.03%
     US Treasury   Bond                    $4,500,000       4.38%     15/5/2040        6,294,375       0.03%
                                178/362

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     Federal   National   Mortgage   Association               $5,980,847       3.00%      1/1/2047        6,266,169       0.03%
     Federal   National   Mortgage   Association               $6,022,592       2.50%     1/12/2050        6,155,842       0.03%
     JPMorgan   Chase  & Co.＾                  $5,669,000       3.96%     29/1/2027        6,137,140       0.03%
     Federal   Home  Loan  Mortgage   Corp.              $6,053,960       2.00%      1/7/2050        6,049,564       0.03%
     Federal   National   Mortgage   Association               $5,876,207       2.00%      1/1/2036        6,027,567       0.03%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     US Treasury   Bond                     $4,979,000       3.13%     15/11/2041        5,984,136       0.03%
     Bank  of America   Corp.＾                    $4,950,000       4.08%     20/3/2051        5,949,301       0.03%
     Government    National   Mortgage   Association               $5,890,003       2.00%     20/2/2051        5,948,209       0.03%
     Bank  of America   Corp.＾                    $5,900,000       1.49%     19/5/2024        5,943,224       0.03%
     Government    National   Mortgage   Association               $5,884,000       2.00%     20/12/2051        5,942,147       0.03%
     Federal   National   Mortgage   Association                $5,757,562       2.50%      1/7/2050       5,879,257       0.03%
     Federal   National   Mortgage   Association                $5,658,830       2.50%      1/2/2051       5,794,875       0.03%
     Federal   National   Mortgage   Association                $5,648,882       2.50%     1/10/2051        5,772,978       0.03%
     Federal   Home  Loan  Mortgage   Corp.               $5,580,597       2.50%     1/10/2050        5,731,595       0.03%
     US Treasury   Note                     $5,401,000       2.88%     30/4/2025        5,722,950       0.03%
     US Treasury   Bond                     $3,865,000       4.75%     15/2/2041        5,680,946       0.03%
     Federal   Home  Loan  Mortgage   Corp.               $5,671,329       2.00%     1/10/2050        5,667,211       0.03%
     Federal   National   Mortgage   Association                $5,425,761       2.50%      1/5/2051       5,542,214       0.03%
     Federal   Home  Loan  Mortgage   Corp.               $5,207,985       3.50%      1/7/2049       5,512,608       0.03%
     Federal   National   Mortgage   Association                $5,383,429       2.50%     1/10/2050        5,500,609       0.03%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $5,300,000       2.07%     25/1/2030        5,426,179       0.02%
     US Treasury   Note                     $5,205,000       2.50%     15/5/2024        5,407,100       0.02%
     Government    National   Mortgage   Association               $5,323,009       2.00%     20/6/2051        5,375,612       0.02%
     US Treasury   Note                     $5,416,000       0.25%     15/3/2024        5,351,262       0.02%
     Federal   National   Mortgage   Association                $5,143,636       3.00%      1/9/2049       5,335,640       0.02%
     US Treasury   Note                     $5,425,000       0.88%     30/9/2026        5,330,910       0.02%
     US Treasury   Bond                     $5,000,000       7.63%     15/11/2022        5,310,938       0.02%
     Goldman   Sachs  Group,   Inc.＾                 GBP4,000,000        1.00%     16/12/2025        5,307,949       0.02%
     Federal   National   Mortgage   Association                $5,138,000       1.75%      2/7/2024       5,249,802       0.02%
     Government    National   Mortgage   Association               $5,177,469       2.00%     20/11/2050        5,229,790       0.02%
     Federal   National   Mortgage   Association                $5,105,449       2.50%      1/8/2050       5,213,361       0.02%
     Capital   One  Bank  USA  NA＾                  $5,000,000       2.28%     28/1/2026        5,098,399       0.02%
     Federal   Home  Loan  Mortgage   Corp.               $5,000,000       1.50%     12/2/2025        5,075,321       0.02%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2016        $4,700,000       3.72%     15/12/2049        5,074,359       0.02%
     Federal   National   Mortgage   Association                $4,723,573       3.50%      1/1/2048       5,005,674       0.02%
     Bank  of America   Corp.＾                    $5,000,000       2.09%     14/6/2029        4,970,815       0.02%
     Bank  of America   Corp.＾                    $5,000,000       0.81%     24/10/2024        4,966,149       0.02%
     Federal   National   Mortgage   Association                $4,780,154       3.00%      1/6/2051       4,954,595       0.02%
     Federal   National   Mortgage   Association                $4,658,802       3.50%      1/2/2051       4,915,663       0.02%
     Federal   National   Mortgage   Association                $4,494,651       4.50%      1/5/2048       4,897,288       0.02%
     Federal   National   Mortgage   Association                $4,809,366       2.00%      1/5/2041       4,864,478       0.02%
     Federal   Home  Loan  Mortgage   Corp.               $5,000,000       0.38%     23/9/2025        4,863,349       0.02%
     Federal   National   Mortgage   Association                $4,414,074       4.50%      1/5/2047       4,855,345       0.02%
     Morgan   Stanley＾                       $5,000,000       0.99%     10/12/2026        4,850,345       0.02%
     Federal   Home  Loan  Mortgage   Corp.               $4,492,714       4.00%      1/7/2049       4,825,256       0.02%
     Oracle  Corp.                       $4,685,000       2.65%     15/7/2026        4,819,803       0.02%
     US Treasury   Bond                     $3,450,000       4.38%     15/11/2039        4,806,281       0.02%
     Government    National   Mortgage   Association               $4,675,000       2.50%     20/12/2051        4,794,993       0.02%
     State  of California                       $3,075,000       7.50%      1/4/2034       4,741,854       0.02%
                                179/362


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     Federal   National   Mortgage   Association                $4,568,197       3.00%     1/12/2049        4,738,972       0.02%
     Government    National   Mortgage   Association               $4,519,675       3.00%     20/8/2050        4,699,257       0.02%
     Apple,  Inc.                       $4,477,000       2.45%      4/8/2026       4,676,556       0.02%
     Federal   National   Mortgage   Association                $4,818,693       1.50%     1/12/2050        4,671,331       0.02%
     Federal   National   Mortgage   Association                $4,376,120       3.50%     1/11/2048        4,669,096       0.02%
     Federal   Home  Loan  Mortgage   Corp.               $4,564,480       2.50%      1/2/2052       4,664,328       0.02%
     Verizon   Communications,      Inc.                 $4,925,000       1.75%     20/1/2031        4,661,415       0.02%
     Citigroup   Commercial    Mortgage   Trust  2018             $4,200,000       4.01%     10/3/2051        4,657,303       0.02%
     Goldman   Sachs  Group,   Inc.                 EUR4,000,000        1.38%     15/5/2024        4,641,910       0.02%
     Federal   National   Mortgage   Association                $4,284,008       4.00%      1/3/2050       4,606,778       0.02%
     US Treasury   Note                     $4,534,000       1.63%     30/4/2023        4,598,468       0.02%
     Government    National   Mortgage   Association               $4,385,311       3.00%     20/8/2046        4,583,669       0.02%
     Government    National   Mortgage   Association               $4,314,146       4.00%     20/6/2048        4,572,438       0.02%
     US Treasury   Note                     $4,589,000       0.50%     30/11/2023        4,571,612       0.02%
     Federal   National   Mortgage   Association                $4,464,630       2.50%      1/9/2050       4,558,997       0.02%
     Federal   Home  Loan  Mortgage   Corp.               $4,460,432       2.50%     1/11/2050        4,556,449       0.02%
     Federal   Home  Loan  Mortgage   Corp.               $4,562,276       2.00%      1/9/2051       4,551,993       0.02%
     US Treasury   Note                     $4,375,000       2.13%     31/5/2026        4,545,557       0.02%
     Government    National   Mortgage   Association               $4,355,696       3.00%     20/8/2051        4,516,708       0.02%
     Federal   National   Mortgage   Association                $4,269,756       3.50%      1/4/2048       4,507,237       0.02%
     GE Capital   International    Funding   Co. Unlimited   Co.         $3,703,000       4.42%     15/11/2035        4,441,180       0.02%
     Federal   National   Mortgage   Association                $4,252,394       3.00%      1/3/2050       4,440,419       0.02%
     JPMorgan   Chase  & Co.                   $4,185,000       3.13%     23/1/2025        4,399,814       0.02%
     Morgan   Stanley＾                       $4,275,000       2.70%     22/1/2031        4,379,081       0.02%
     Federal   Home  Loan  Mortgage   Corp.               $4,253,093       2.50%      1/5/2051       4,344,425       0.02%
     Federal   Home  Loan  Mortgage   Corp.               $4,244,228       2.50%      1/8/2051       4,335,402       0.02%
     Federal   National   Mortgage   Association                $4,438,053       1.50%     1/10/2050        4,302,332       0.02%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   Home  Loan  Mortgage   Corp.              $4,107,225       3.00%     1/11/2049        4,299,961       0.02%
     Federal   National   Mortgage   Association               $4,125,961       3.00%      1/9/2050        4,285,387       0.02%
     Federal   National   Mortgage   Association               $3,998,266       4.00%      1/3/2049        4,275,656       0.02%
     Equitable   Financial   Life Global  Funding             EUR3,750,000        0.60%     16/6/2028        4,247,778       0.02%
     Wells  Fargo  & Co.＾                   $3,100,000       5.01%      4/4/2051        4,236,606       0.02%
     Morgan   Stanley＾                      $4,400,000       2.48%     16/9/2036        4,235,318       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $4,116,500       2.50%      1/8/2050        4,232,019       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $4,061,237       3.00%      1/9/2051        4,214,985       0.02%
     Shire  Acquisitions    Investments    Ireland  DAC            $3,966,000       3.20%     23/9/2026        4,208,138       0.02%
     JPMorgan   Chase  & Co.＾                  $4,100,000       2.74%     15/10/2030         4,206,811       0.02%
     JPMorgan   Chase  & Co.＾                  $4,050,000       2.96%     13/5/2031        4,191,297       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $4,001,988       3.00%     1/10/2049        4,152,843       0.02%
     Government    National   Mortgage   Association              $4,044,830       2.50%     20/9/2051        4,148,649       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,950,719       3.00%     1/12/2046        4,137,666       0.02%
     Government    National   Mortgage   Association              $3,985,072       3.00%     20/9/2049        4,137,136       0.02%
     Government    National   Mortgage   Association              $4,020,534       2.50%     20/8/2051        4,123,729       0.02%
     US Treasury   Note                    $3,997,000       2.25%     31/12/2023         4,116,754       0.02%
     Wells  Fargo  & Co.＾                   $3,550,000       4.48%      4/4/2031        4,116,248       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $4,241,261       1.50%      1/5/2051        4,103,451       0.02%
     US Treasury   Note                    $3,970,000       2.75%     31/7/2023        4,102,747       0.02%
     Federal   National   Mortgage   Association               $4,210,933       1.50%     1/11/2050        4,082,158       0.02%
     Federal   National   Mortgage   Association               $3,980,621       2.50%      1/4/2051        4,066,057       0.02%
                                180/362


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     US Treasury   Bond                    $2,937,000       4.25%     15/11/2040         4,056,731       0.02%
     Federal   National   Mortgage   Association               $3,735,799       4.00%      1/2/2047        4,056,500       0.02%
     Wells  Fargo  & Co.                   $3,857,000       3.00%     22/4/2026        4,053,894       0.02%
     Government    National   Mortgage   Association              $3,939,305       2.50%     20/5/2051        4,040,415       0.02%
     US Treasury   Note                    $3,900,000       2.13%     15/5/2025        4,038,023       0.02%
     Government    National   Mortgage   Association              $3,786,886       4.00%     20/5/2049        3,985,895       0.02%
     Morgan   Stanley＾                      $4,000,000       0.86%     21/10/2025         3,945,338       0.02%
     Federal   National   Mortgage   Association               $3,830,000       2.38%     19/1/2023        3,908,205       0.02%
     JPMorgan   Chase  & Co.＾                  $3,750,000       3.11%     22/4/2041        3,886,325       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,803,825       2.50%      1/6/2050        3,884,302       0.02%
     Government    National   Mortgage   Association              $3,673,224       4.50%     20/4/2049        3,883,376       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,979,805       1.50%      1/1/2051        3,858,120       0.02%
     US Treasury   Note                    $3,970,000       0.25%     30/9/2025        3,844,697       0.02%
     Microsoft   Corp.                     $3,325,000       3.45%      8/8/2036        3,813,625       0.02%
     Apple,  Inc.                      $3,700,000       2.05%     11/9/2026        3,804,373       0.02%
     State  of California                      $2,400,000       7.35%     1/11/2039        3,803,465       0.02%
     Government    National   Mortgage   Association              $3,751,724       2.00%     20/10/2051         3,788,799       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,890,949       1.50%      1/3/2051        3,764,521       0.02%
     US Treasury   Bond                    $3,000,000       3.50%     15/2/2039        3,761,250       0.02%
     Federal   National   Mortgage   Association               $3,571,478       3.00%      1/7/2034        3,734,826       0.02%
     Government    National   Mortgage   Association              $3,688,810       2.00%     20/12/2050         3,726,088       0.02%
     Federal   National   Mortgage   Association               $3,540,273       3.00%     1/12/2032        3,710,527       0.02%
     Comcast   Corp.                     $3,450,000       3.15%     15/2/2028        3,704,200       0.02%
     Southwest    Airlines   Co.                  $3,200,000       5.13%     15/6/2027        3,662,666       0.02%
     Verizon   Communications,      Inc.                $3,109,000       4.27%     15/1/2036        3,653,857       0.02%
     State  of Illinois                      $3,175,000       5.10%      1/6/2033        3,651,198       0.02%
     Goldman   Sachs  Group,   Inc.＾               EUR3,200,000        0.01%     30/4/2024        3,643,389       0.02%
     US Treasury   Note                    $3,654,000       0.13%     31/12/2022         3,642,724       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,737,314       1.50%      1/2/2051        3,623,043       0.02%
     Federal   National   Mortgage   Association               $3,363,332       4.00%      1/6/2047        3,615,541       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,344,287       3.50%     1/10/2045        3,609,741       0.02%
     Government    National   Mortgage   Association              $3,434,514       3.50%     20/9/2047        3,604,755       0.02%
     JPMorgan   Chase  & Co.                  $3,355,000       3.30%      1/4/2026        3,579,213       0.02%
     Federal   National   Mortgage   Association               $3,293,693       4.50%      1/2/2048        3,564,401       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,307,928       3.50%      1/8/2043        3,549,505       0.02%
     Federal   Home  Loan  Banks                  $3,500,000       1.38%     17/2/2023        3,538,149       0.02%
     Aflac,  Inc.                      $2,650,000       4.75%     15/1/2049        3,524,628       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,485,339       2.00%     1/11/2040        3,524,356       0.02%
     Boeing  Co.                      $3,358,000       3.10%      1/5/2026        3,500,835       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,412,382       2.50%     1/10/2051        3,486,215       0.02%
     Transcontinental      Gas  Pipe  Line  Co. LLC            $2,848,000       7.85%      1/2/2026        3,479,121       0.02%
     AT&T,  Inc.                      $3,325,000       3.80%     1/12/2057        3,464,515       0.02%
     Ally  Financial,   Inc.                   $2,450,000       8.00%     1/11/2031        3,453,780       0.02%
     Federal   National   Mortgage   Association               $3,328,895       3.00%      1/5/2050        3,448,990       0.02%
     Goldman   Sachs  Group,   Inc.                 $3,183,000       3.75%     25/2/2026        3,424,810       0.02%
     Equitable   Holdings,   Inc.                  $2,735,000       5.00%     20/4/2048        3,422,860       0.02%
     Federal   National   Mortgage   Association               $3,500,000       0.50%     7/11/2025        3,412,444       0.02%
     3M Co.                       $3,286,000       2.25%     19/9/2026        3,401,953       0.02%
     Federal   National   Mortgage   Association               $3,313,717       2.00%      1/6/2036        3,397,215       0.02%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
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     Berkshire   Hathaway   Energy   Co.               $3,169,000       3.50%      1/2/2025        3,363,003       0.02%
     Abbott   Ireland  Financing   DAC               EUR2,900,000        0.88%     27/9/2023        3,361,176       0.02%
     Bank  of America   Corp.＾                  EUR3,000,000        0.69%     22/3/2031        3,360,705       0.02%
     Fidelity   National   Information    Services,   Inc.          EUR2,825,000        1.50%     21/5/2027        3,358,004       0.02%
     Government    National   Mortgage   Association              $3,217,472       3.00%     20/11/2051         3,341,051       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,253,856       2.00%      1/1/2036        3,339,845       0.02%
     Federal   National   Mortgage   Association               $3,252,816       2.00%      1/5/2036        3,334,779       0.02%
     Becton   Dickinson   Euro  Finance   Sarl             EUR2,900,000        0.63%      4/6/2023        3,329,112       0.02%
     Bank  of America   Corp.＾                  EUR3,000,000        0.65%     26/10/2031         3,323,087       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,232,865       2.00%      1/8/2035        3,321,560       0.02%
     Government    National   Mortgage   Association              $3,196,703       3.00%     20/11/2049         3,316,190       0.02%
     Chubb  INA  Holdings,   Inc.                EUR2,752,000        1.55%     15/3/2028        3,313,370       0.02%
     Morgan   Stanley＾                     EUR2,800,000        1.34%     23/10/2026         3,303,872       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,149,003       3.00%      1/7/2051        3,303,510       0.02%
     Federal   National   Mortgage   Association               $3,154,421       3.00%      1/2/2049        3,302,512       0.02%
     Federal   National   Mortgage   Association               $3,352,298       1.50%     1/10/2041        3,299,461       0.02%
     AbbVie,   Inc.                     $2,728,000       4.40%     6/11/2042        3,272,826       0.02%
     Government    National   Mortgage   Association              $3,116,163       3.50%     20/11/2051         3,268,522       0.02%
     US Treasury   Note                    $3,175,000       1.88%     30/6/2026        3,264,793       0.02%
     US Treasury   Bond                    $3,035,000       7.13%     15/2/2023        3,256,816       0.02%
     MetLife,   Inc.                     $3,017,000       3.60%     13/11/2025         3,256,789       0.02%
     Government    National   Mortgage   Association              $3,141,580       3.00%     20/7/2051        3,256,201       0.02%
     Walmart,   Inc.                     $3,032,000       3.05%      8/7/2026        3,250,645       0.02%
     Apple,  Inc.                      $3,250,000       1.13%     11/5/2025        3,242,996       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $3,173,078       2.50%      1/1/2051        3,240,239       0.02%
     Bank  of America   Corp.＾                   $3,028,000       3.42%     20/12/2028         3,235,910       0.02%
     Federal   National   Mortgage   Association               $3,237,447       2.00%      1/5/2050        3,235,097       0.02%
     GS Mortgage   Securities   Trust  2013＾              $3,105,000       4.03%     10/7/2046        3,221,872       0.02%
     Government    National   Mortgage   Association              $3,068,412       3.00%     20/12/2046         3,207,204       0.02%
     CVS  Health  Corp.                    $2,625,000       4.78%     25/3/2038        3,198,477       0.02%
     Federal   National   Mortgage   Association               $3,004,064       3.50%      1/5/2050        3,194,835       0.02%
     Goldman   Sachs  Group,   Inc.                 $2,250,000       6.75%     1/10/2037        3,190,324       0.02%
     Bank  of America   Corp.＾                   $3,025,000       3.19%     23/7/2030        3,189,878       0.02%
     Government    National   Mortgage   Association              $3,049,813       3.50%     20/10/2049         3,182,195       0.02%
     Goldman   Sachs  Group,   Inc.                 $3,000,000       3.50%      1/4/2025        3,175,206       0.02%
     Federal   National   Mortgage   Association               $2,937,745       4.00%     1/10/2048        3,154,035       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $2,925,914       4.00%      1/9/2049        3,141,118       0.02%
     Federal   Home  Loan  Mortgage   Corp.              $2,990,180       3.00%      1/1/2047        3,131,795       0.01%
     Government    National   Mortgage   Association              $2,963,942       3.50%     20/7/2046        3,127,620       0.01%
     HP,  Inc.                       $2,950,000       3.40%     17/6/2030        3,116,092       0.01%
     Government    National   Mortgage   Association              $3,037,975       2.50%     20/9/2050        3,114,442       0.01%
     Boeing  Co.                      $2,300,000       5.81%      1/5/2050        3,113,546       0.01%
     Comcast   Corp.                     $2,995,000       2.35%     15/1/2027        3,097,114       0.01%
     Federal   National   Mortgage   Association               $2,944,821       3.00%      1/4/2046        3,093,342       0.01%
     Wells  Fargo  & Co.＾                   $3,030,000       2.19%     30/4/2026        3,087,243       0.01%
     Honeywell    International,     Inc.                $3,067,000       1.35%      1/6/2025        3,078,550       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,921,276       3.00%      1/7/2043        3,076,400       0.01%
     Morgan   Stanley＾                      $3,000,000       2.19%     28/4/2026        3,058,642       0.01%
     Goldman   Sachs  Group,   Inc.                 $2,894,000       3.50%     23/1/2025        3,052,660       0.01%
     Boeing  Co.                      $2,200,000       5.93%      1/5/2060        3,050,141       0.01%
     Federal   National   Mortgage   Association               $3,138,313       1.50%      1/2/2051        3,042,339       0.01%
     US Treasury   Bond                    $2,325,000       3.75%     15/8/2041        3,035,941       0.01%
                                182/362

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     Federal   Home  Loan  Mortgage   Corp.              $2,779,945       4.00%      1/6/2048        3,028,616       0.01%
     Government    National   Mortgage   Association              $2,945,810       2.50%     20/4/2050        3,019,957       0.01%
     Comcast   Corp.                     $2,900,000       2.65%      1/2/2030        3,003,802       0.01%
     Fiserv,   Inc.                      $2,809,000       3.85%      1/6/2025        3,003,052       0.01%
     Federal   National   Mortgage   Association               $2,894,074       2.50%     1/11/2031        3,000,427       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,863,585       3.00%      1/5/2050        2,998,775       0.01%
     Federal   National   Mortgage   Association               $2,885,252       2.50%      1/2/2035        2,988,444       0.01%
     Government    National   Mortgage   Association              $2,872,343       3.00%     20/12/2049         2,979,706       0.01%
     Bank  of America   Corp.＾                   $3,000,000       0.52%     14/6/2024        2,979,677       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $3,000,000       0.25%      8/9/2023        2,979,329       0.01%
     COR3  Commercial    Mortgage   Trust  2018             $2,650,000       4.23%     10/5/2051        2,975,589       0.01%
     Federal   National   Mortgage   Association               $2,782,014       4.00%     1/10/2050        2,971,106       0.01%
     Citigroup,    Inc.＾                     $2,600,000       4.41%     31/3/2031        2,970,779       0.01%
     Federal   National   Mortgage   Association               $2,792,284       3.50%      1/7/2048        2,969,882       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,745,201       4.50%      1/1/2049        2,966,653       0.01%
     Morgan   Stanley   Capital   ITrust  2017              $2,725,000       3.59%     15/12/2050         2,956,224       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,894,338       2.50%     1/12/2049        2,955,147       0.01%
     Federal   National   Mortgage   Association               $2,922,139       2.00%      1/2/2041        2,954,509       0.01%
     Government    National   Mortgage   Association              $2,829,861       3.00%     20/4/2050        2,941,698       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   Home  Loan  Mortgage   Corp.              $2,821,926       3.00%      1/2/2050        2,938,191       0.01%
     Government    National   Mortgage   Association              $2,862,657       2.50%     20/2/2051        2,936,133       0.01%
     McCormick    & Co.,  Inc.                  $2,900,000       2.50%     15/4/2030        2,931,382       0.01%
     Bank  of America   Corp.＾                  EUR2,500,000        1.38%      7/2/2025        2,923,004       0.01%
     Morgan   Stanley＾                     EUR2,650,000        0.50%      7/2/2031        2,916,379       0.01%
     JPMorgan   Chase  & Co.                  $2,700,000       3.63%     1/12/2027        2,910,784       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,722,723       4.00%      1/9/2048        2,899,212       0.01%
     AbbVie,   Inc.                     $2,200,000       4.88%     14/11/2048         2,847,835       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,782,660       2.50%      1/9/2051        2,842,652       0.01%
     AbbVie,   Inc.                     $2,650,000       3.20%     21/11/2029         2,836,941       0.01%
     Federal   National   Mortgage   Association               $2,651,766       4.00%      1/2/2051        2,829,015       0.01%
     Federal   National   Mortgage   Association               $3,000,000       0.88%      5/8/2030        2,827,887       0.01%
     Government    National   Mortgage   Association              $2,710,248       3.50%     15/9/2049        2,825,198       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,696,373       3.00%      1/9/2046        2,823,711       0.01%
     Federal   National   Mortgage   Association               $2,906,969       1.50%      1/3/2051        2,812,505       0.01%
     CVS  Health  Corp.                    $2,925,000       2.70%     21/8/2040        2,809,275       0.01%
     Upjohn   Finance   BV                  EUR2,400,000        1.02%     23/6/2024        2,789,648       0.01%
     Government    National   Mortgage   Association              $2,663,032       3.00%     20/9/2046        2,783,488       0.01%
     Government    National   Mortgage   Association              $2,707,305       2.50%     20/1/2051        2,775,449       0.01%
     Wells  Fargo  & Co.                  CHF2,500,000        0.50%     2/11/2023        2,773,096       0.01%
     Citigroup,    Inc.                   JPY300,000,000         2.40%     31/10/2025         2,764,423       0.01%
     Citigroup,    Inc.                     $2,550,000       3.70%     12/1/2026        2,756,843       0.01%
     Microsoft   Corp.                     $2,648,000       2.88%      6/2/2024        2,755,055       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,558,695       3.50%      1/3/2046        2,746,735       0.01%
     T-Mobile   USA,  Inc.                   $2,500,000       3.88%     15/4/2030        2,735,664       0.01%
     US Treasury   Note                    $2,794,000       0.75%     31/8/2026        2,732,663       0.01%
     Citigroup,    Inc.                     $2,450,000       4.45%     29/9/2027        2,731,769       0.01%
     TWDC   Enterprises    18 Corp.                 $2,690,000       1.85%     30/7/2026        2,726,975       0.01%
     Federal   National   Mortgage   Association               $2,599,921       3.00%      1/8/2035        2,719,493       0.01%
     Sabine  Pass  Liquefaction    LLC                $2,400,000       4.50%     15/5/2030        2,712,116       0.01%
                                183/362


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     AT&T,  Inc.                      $2,703,000       3.55%     15/9/2055        2,707,991       0.01%
     Federal   National   Mortgage   Association               $2,602,632       3.00%      1/7/2050        2,705,327       0.01%
     Discover   Financial   Services                  $2,457,000       4.50%     30/1/2026        2,691,014       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,623,194       2.00%      1/6/2036        2,689,280       0.01%
     Federal   National   Mortgage   Association               $2,586,000       2.50%      5/2/2024        2,678,563       0.01%
     AbbVie,   Inc.                     $2,530,000       3.20%     14/5/2026        2,676,592       0.01%
     Federal   National   Mortgage   Association               $2,654,339       1.50%     1/12/2035        2,666,897       0.01%
     Federal   National   Mortgage   Association               $2,566,707       2.50%     1/12/2031        2,661,029       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,742,074       1.50%      1/6/2051        2,652,977       0.01%
     Bank  of America   Corp.＾                   $2,750,000       2.68%     19/6/2041        2,643,757       0.01%
     Nestle  Holdings,   Inc.                  GBP2,000,000        1.38%     23/6/2033        2,643,301       0.01%
     Federal   National   Mortgage   Association               $2,590,000       1.63%      7/1/2025        2,636,459       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,486,120       3.50%      1/2/2048        2,635,517       0.01%
     US Treasury   Bond                    $1,850,000       4.75%     15/2/2037        2,623,820       0.01%
     Verizon   Communications,      Inc.                $2,304,000       4.33%     21/9/2028        2,620,388       0.01%
     Visa,  Inc.                      $2,450,000       3.15%     14/12/2025         2,614,922       0.01%
     Comcast   Corp.                     $2,150,000       4.60%     15/10/2038         2,612,152       0.01%
     Boston   Scientific   Corp.                   $2,420,000       3.75%      1/3/2026        2,605,597       0.01%
     Cintas  Corp.  No 2                   $2,375,000       3.70%      1/4/2027        2,601,067       0.01%
     US Treasury   Bond                    $1,975,000       3.88%     15/8/2040        2,600,828       0.01%
     Apple,  Inc.                      $2,200,000       3.85%      4/5/2043        2,598,899       0.01%
     Berkshire   Hathaway,    Inc.                JPY300,000,000         0.17%     13/9/2024        2,591,571       0.01%
     Federal   National   Mortgage   Association               $2,499,007       3.00%      1/6/2050        2,588,657       0.01%
     Federal   National   Mortgage   Association               $2,490,242       2.50%     1/11/2032        2,581,378       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $2,384,026       4.00%     1/11/2045        2,576,454       0.01%
     NVIDIA   Corp.                      $2,250,000       3.50%      1/4/2050        2,568,639       0.01%
     WRKCo,   Inc.                     $2,300,000       4.65%     15/3/2026        2,567,182       0.01%
     AT&T,  Inc.                     GBP1,800,000        2.90%     4/12/2026        2,565,268       0.01%
     Federal   National   Mortgage   Association               $2,500,487       2.00%      1/3/2036        2,563,361       0.01%
     Cigna  Corp.                      $2,338,000       4.13%     15/11/2025         2,559,731       0.01%
     Exxon  Mobil  Corp.                    $2,350,000       3.45%     15/4/2051        2,550,115       0.01%
     AT&T,  Inc.                      $2,410,000       3.40%     15/5/2025        2,550,046       0.01%
     Government    National   Mortgage   Association              $2,450,000       3.00%      1/1/2052        2,535,530       0.01%
     Colonial   Enterprises,    Inc.                 $2,400,000       3.25%     15/5/2030        2,531,149       0.01%
     BANK  2018                      $2,300,000       3.97%     15/9/2060        2,529,344       0.01%
     Boeing  Co.                      $2,525,000       2.20%      4/2/2026        2,524,605       0.01%
     Pacific  Gas  & Electric   Co.                 $2,700,000       3.50%      1/8/2050        2,524,087       0.01%
     Federal   National   Mortgage   Association               $2,418,554       3.00%     1/10/2049        2,513,950       0.01%
     Wells  Fargo  & Co.＾                   $2,450,000       2.41%     30/10/2025         2,510,546       0.01%
     Government    National   Mortgage   Association              $2,402,905       3.00%     20/11/2047         2,505,502       0.01%
     Johnson   & Johnson                     $2,175,000       3.63%      3/3/2037        2,504,153       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Santander   Holdings   USA,  Inc.                 $2,387,000       3.24%     5/10/2026        2,502,802       0.01%
     US Treasury   Note                     $2,461,000       1.63%     31/10/2023        2,502,241       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,500,000       0.25%     26/6/2023        2,488,963       0.01%
     VMware,   Inc.                      $2,140,000       4.70%     15/5/2030        2,488,923       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,285,416       5.00%     1/10/2049        2,485,979       0.01%
     AbbVie,   Inc.                       $2,075,000       4.55%     15/3/2035        2,480,810       0.01%
     Government    National   Mortgage   Association               $2,377,345       3.00%     20/2/2048        2,478,850       0.01%
     Citigroup,    Inc.                      $2,237,000       4.60%      9/3/2026       2,470,069       0.01%
                                184/362


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     Federal   National   Mortgage   Association                $2,376,916       3.00%      1/1/2050       2,465,354       0.01%
     Federal   National   Mortgage   Association                $2,219,664       4.50%      1/2/2047       2,447,542       0.01%
     JPMCC   Commercial    Mortgage   Securities   Trust  2017          $2,275,000       3.45%     15/9/2050        2,445,923       0.01%
     Government    National   Mortgage   Association               $2,352,569       2.50%     20/5/2036        2,441,215       0.01%
     Exxon  Mobil  Corp.                     $2,320,000       2.99%     19/3/2025        2,440,344       0.01%
     Oracle  Corp.                       $2,490,000       3.60%      1/4/2050       2,438,496       0.01%
     Microsoft   Corp.                      $2,031,000       3.70%      8/8/2046       2,437,117       0.01%
     US Treasury   Note                     $2,453,700       0.25%     30/9/2023        2,436,447       0.01%
     Dell  International    LLC/EMC    Corp.                $2,100,000       6.02%     15/6/2026        2,433,382       0.01%
     JPMorgan   Chase  & Co.＾                  EUR2,150,000        0.39%     24/2/2028        2,427,832       0.01%
     Federal   National   Mortgage   Association                $2,335,127       3.00%     1/12/2050        2,423,400       0.01%
     Federal   National   Mortgage   Association                $2,320,886       3.00%      1/5/2051       2,421,843       0.01%
     Federal   National   Mortgage   Association                $2,411,870       1.50%     1/12/2036        2,421,438       0.01%
     Chubb  Corp.                       $1,700,000       6.00%     11/5/2037        2,417,347       0.01%
     Eli Lilly  & Co.                     EUR2,153,000        0.50%     14/9/2033        2,417,161       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,406,372       1.50%     1/12/2036        2,415,915       0.01%
     Bank  of America   Corp.                    $2,350,000       3.30%     11/1/2023        2,413,858       0.01%
     Federal   National   Mortgage   Association                $2,324,605       2.50%      1/7/2035       2,405,878       0.01%
     Federal   National   Mortgage   Association                $2,287,777       3.00%     1/11/2048        2,394,334       0.01%
     Federal   National   Mortgage   Association                $2,310,202       2.50%      1/8/2035       2,390,800       0.01%
     Verizon   Communications,      Inc.                 $2,275,000       3.40%     22/3/2041        2,387,528       0.01%
     Comcast   Corp.                      $2,503,000       2.94%     1/11/2056        2,384,233       0.01%
     JPMorgan   Chase  & Co.＾                   $2,350,000       2.58%     22/4/2032        2,379,282       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,232,020       3.50%     1/12/2047        2,371,975       0.01%
     Federal   National   Mortgage   Association                $2,447,190       1.50%      1/6/2051       2,370,201       0.01%
     JPMorgan   Chase  & Co.＾                   $2,290,000       3.56%     23/4/2024        2,365,285       0.01%
     General   Motors   Financial   Co.,  Inc.               $2,285,000       3.70%      9/5/2023       2,353,633       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,175,127       4.50%      1/6/2047       2,352,386       0.01%
     AbbVie,   Inc.                     EUR2,000,000        1.25%      1/6/2024       2,339,292       0.01%
     Bank  of America   Corp.                    $2,175,000       4.20%     26/8/2024        2,330,652       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,191,438       3.00%      1/1/2046       2,329,175       0.01%
     Thermo   Fisher  Scientific   Finance   IBV             EUR2,000,000        1.63%     18/10/2041        2,315,834       0.01%
     Federal   National   Mortgage   Association                $2,168,201       4.00%      1/9/2048       2,308,045       0.01%
     Federal   National   Mortgage   Association                $2,297,757       1.50%      1/3/2036       2,306,873       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,287,774       1.50%      1/1/2036       2,298,595       0.01%
     International    Business   Machines   Corp.              EUR2,000,000        0.38%     31/1/2023        2,290,137       0.01%
     Federal   National   Mortgage   Association                $2,127,381       4.00%      1/4/2049       2,285,976       0.01%
     Energy   Transfer   LP                    $1,985,000       5.00%     15/5/2050        2,285,609       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $2,175,000       3.14%     25/10/2024        2,276,025       0.01%
     Morgan   Stanley＾                      EUR2,000,000        1.10%     29/4/2033        2,274,742       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,215,292       2.00%      1/5/2036       2,271,102       0.01%
     Morgan   Stanley＾                       $2,300,000       0.79%     30/5/2025        2,269,638       0.01%
     Raytheon   Technologies     Corp.                  $2,091,000       3.95%     16/8/2025        2,266,920       0.01%
     Medtronic    Global  Holdings   SCA               EUR2,000,000        0.00%     15/10/2025        2,266,411       0.01%
     US Treasury   Note                     $2,208,800       1.88%     31/8/2024        2,264,883       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,248,170       1.50%     1/12/2035        2,258,804       0.01%
     BP Capital   Markets   America,   Inc.                $2,105,000       3.41%     11/2/2026        2,251,685       0.01%
     Federal   National   Mortgage   Association                $2,169,401       3.00%      1/4/2050       2,247,739       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,107,160       3.50%      1/9/2047       2,233,755       0.01%
     Tennessee    Valley    Authority                   $1,573,000       5.25%     15/9/2039        2,231,158       0.01%
     Government    National   Mortgage   Association               $2,148,827       3.00%     20/10/2051        2,229,294       0.01%
     Government    National   Mortgage   Association               $2,151,820       3.00%     20/5/2051        2,229,043       0.01%
                                185/362

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     Federal   National   Mortgage   Association                $2,203,243       2.00%      1/6/2041       2,228,491       0.01%
     Federal   National   Mortgage   Association                $2,091,995       3.50%      1/9/2034       2,223,686       0.01%
     Viatris,   Inc.                       $2,075,000       4.00%     22/6/2050        2,218,384       0.01%
     Federal   National   Mortgage   Association                $2,206,180       1.50%     1/11/2035        2,216,618       0.01%
     Federal   National   Mortgage   Association                $2,206,515       1.50%      1/9/2036       2,215,268       0.01%
     Federal   Home  Loan  Banks                   $2,225,000       0.50%     9/11/2023        2,215,068       0.01%
     Federal   National   Mortgage   Association                $2,129,781       3.00%      1/9/2051       2,210,374       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,198,692       1.50%      1/9/2036       2,207,412       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,059,080       4.50%      1/7/2048       2,204,886       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,127,496       3.00%      1/9/2050       2,203,764       0.01%
     Federal   National   Mortgage   Association                $2,190,241       1.50%      1/6/2036       2,198,930       0.01%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Government    National   Mortgage   Association              $2,120,467       3.00%     20/2/2050        2,198,623       0.01%
     UnitedHealth     Group,   Inc.                  $1,765,000       4.63%     15/7/2035        2,195,425       0.01%
     CenterPoint    Energy,   Inc.                  $2,125,000       2.95%      1/3/2030        2,195,337       0.01%
     National   Rural  Utilities   Cooperative    Finance   Corp.          $2,115,000       2.95%      7/2/2024        2,191,248       0.01%
     Microsoft   Corp.                      $2,225,000       2.53%      1/6/2050        2,183,564       0.01%
     Government    National   Mortgage   Association              $2,100,501       3.00%     20/6/2051        2,176,128       0.01%
     Government    National   Mortgage   Association              $2,068,511       3.50%     20/8/2047        2,171,042       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,161,581       1.50%      1/1/2037        2,170,154       0.01%
     American   Express   Co.                   $2,020,000       3.30%      3/5/2027        2,166,809       0.01%
     Government    National   Mortgage   Association              $2,091,284       3.00%     20/4/2051        2,166,334       0.01%
     AT&T,  Inc.                     GBP1,250,000        5.20%     18/11/2033        2,165,088       0.01%
     Virginia   Electric   & Power  Co.                $2,050,000       2.95%     15/11/2026        2,163,680       0.01%
     Southwestern     Electric   Power  Co.               $1,975,000       3.90%      1/4/2045        2,155,834       0.01%
     Duke  Energy   Florida   LLC                  $1,800,000       4.20%     15/7/2048        2,154,162       0.01%
     JPMorgan   Chase  & Co.＾                   $1,900,000       3.88%     24/7/2038        2,152,440       0.01%
     Philip  Morris  International,     Inc.                $2,032,000       3.25%     10/11/2024        2,151,496       0.01%
     Federal   National   Mortgage   Association                $2,031,715       3.50%      1/6/2034        2,145,995       0.01%
     Mastercard,    Inc.                     $2,005,000       2.95%      1/6/2029        2,144,978       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,030,827       3.00%      1/3/2043        2,143,862       0.01%
     Morgan   Stanley                      $1,741,000       4.30%     27/1/2045        2,140,168       0.01%
     Federal   National   Mortgage   Association                $2,010,273       3.50%      1/3/2048        2,138,693       0.01%
     Verizon   Communications,      Inc.                $2,250,000       2.65%     20/11/2040        2,135,579       0.01%
     Apple,  Inc.                       $1,625,000       4.65%     23/2/2046        2,134,744       0.01%
     Wells  Fargo  & Co.＾                    $2,100,000       2.16%     11/2/2026        2,134,722       0.01%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2015       $2,000,000       3.73%     15/5/2048        2,132,733       0.01%
     BP Capital   Markets   America,   Inc.               $2,265,000       2.77%     10/11/2050        2,131,972       0.01%
     Broadcom,    Inc.                     $2,041,000       3.47%     15/4/2034        2,129,429       0.01%
     Thermo   Fisher  Scientific,   Inc.                $1,981,000       3.65%     15/12/2025        2,127,214       0.01%
     NRG  Energy,   Inc.                    $1,950,000       4.45%     15/6/2029        2,126,033       0.01%
     Amazon.com,     Inc.                    $2,190,000       1.50%      3/6/2030        2,124,951       0.01%
     JPMorgan   Chase  & Co.＾                   $1,810,000       3.96%     15/11/2048        2,119,055       0.01%
     Federal   National   Mortgage   Association                $2,064,563       2.00%      1/7/2036        2,116,585       0.01%
     Altria  Group,   Inc.                    $2,025,000       4.50%      2/5/2043        2,111,754       0.01%
     Steel  Dynamics,    Inc.                    $2,000,000       3.25%     15/1/2031        2,109,788       0.01%
     Sherwin-Williams      Co.                   $2,000,000       3.30%     15/5/2050        2,108,131       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,033,094       3.00%      1/6/2051        2,107,628       0.01%
     Carrier   Global  Corp.                    $2,019,000       3.38%      5/4/2040        2,105,972       0.01%
     AT&T,  Inc.                      $2,025,000       3.65%      1/6/2051        2,101,528       0.01%
                                186/362


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     HCA,  Inc.                       $2,000,000       4.75%      1/5/2023        2,095,721       0.01%
     Bristol-Myers     Squibb  Co.                  $1,690,000       4.35%     15/11/2047        2,095,330       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,038,266       2.00%     1/10/2035        2,094,812       0.01%
     Truist  Financial   Corp.                    $1,900,000       3.88%     19/3/2029        2,094,103       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,037,343       2.00%      1/9/2035        2,090,322       0.01%
     Oracle  Corp.                       $2,105,000       1.65%     25/3/2026        2,087,499       0.01%
     Federal   National   Mortgage   Association                $2,010,593       3.00%      1/2/2051        2,086,114       0.01%
     Constellation     Brands,   Inc.                  $2,000,000       4.25%      1/5/2023        2,085,966       0.01%
     Teledyne   Technologies,     Inc.                 $2,050,000       2.75%      1/4/2031        2,083,475       0.01%
     Government    National   Mortgage   Association              $2,007,772       3.00%     20/9/2051        2,082,957       0.01%
     Union  Electric   Co.                    $2,175,000       2.63%     15/3/2051        2,082,920       0.01%
     Microsoft   Corp.                      $2,091,000       2.68%      1/6/2060        2,082,067       0.01%
     Federal   National   Mortgage   Association                $2,025,000       1.88%     24/9/2026        2,080,571       0.01%
     T-Mobile   USA,  Inc.                    $2,100,000       1.50%     15/2/2026        2,077,993       0.01%
     Lockheed   Martin  Corp.                   $1,983,000       2.90%      1/3/2025        2,077,184       0.01%
     Oracle  Corp.                       $2,055,000       2.95%      1/4/2030        2,077,053       0.01%
     Exxon  Mobil  Corp.                     $2,000,000       2.61%     15/10/2030        2,075,556       0.01%
     Federal   National   Mortgage   Association                $2,000,000       2.88%     12/9/2023        2,073,901       0.01%
     Federal   National   Mortgage   Association                $1,946,643       4.00%      1/8/2048        2,072,197       0.01%
     Federal   National   Mortgage   Association                $2,025,358       2.50%      1/1/2050        2,067,822       0.01%
     Federal   National   Mortgage   Association                $1,930,186       4.00%      1/8/2047        2,066,438       0.01%
     Cigna  Corp.                       $2,000,000       3.20%     15/3/2040        2,065,664       0.01%
     Federal   National   Mortgage   Association                $2,040,974       2.00%      1/7/2041        2,064,362       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,910,706       3.50%      1/8/2046        2,060,858       0.01%
     Wells  Fargo  & Co.                   GBP1,500,000        2.13%     20/12/2023        2,058,601       0.01%
     Verizon   Communications,      Inc.                $1,900,000       3.70%     22/3/2061        2,056,726       0.01%
     Federal   National   Mortgage   Association                $2,040,712       1.50%      1/5/2036        2,048,807       0.01%
     BP Capital   Markets   America,   Inc.               $1,935,000       3.12%      4/5/2026        2,048,402       0.01%
     Walt  Disney  Co.                     $1,920,000       3.35%     24/3/2025        2,046,017       0.01%
     Federal   National   Mortgage   Association                $1,924,676       3.50%     1/12/2047        2,039,621       0.01%
     DH Europe   Finance   II Sarl                EUR1,800,000        0.75%     18/9/2031        2,037,510       0.01%
     Bank  of America   Corp.＾                   $1,775,000       4.08%     23/4/2040        2,035,926       0.01%
     Government    National   Mortgage   Association              $1,936,090       3.50%     20/3/2047        2,032,057       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Charles   Schwab   Corp.                    $2,000,000       2.00%     20/3/2028        2,023,987       0.01%
     Wells  Fargo  Commercial    Mortgage   Trust  2016            $1,900,000       3.43%     15/3/2059        2,021,321       0.01%
     Verizon   Communications,      Inc.                 $1,550,000       5.25%     16/3/2037        2,019,195       0.01%
     Government    National   Mortgage   Association               $1,903,732       4.50%     20/8/2048        2,016,011       0.01%
     Citigroup,    Inc.＾                      $1,775,000       3.88%     24/1/2039        2,013,165       0.01%
     Verizon   Communications,      Inc.                GBP1,300,000        3.38%     27/10/2036        2,011,768       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,001,003       1.50%      1/6/2036       2,008,939       0.01%
     AT&T,  Inc.                       $2,050,000       1.65%      1/2/2028       2,007,605       0.01%
     Healthpeak    Properties,    Inc.                  $2,000,000       2.13%     1/12/2028        2,004,560       0.01%
     Kinder  Morgan,   Inc.                    $2,100,000       2.00%     15/2/2031        2,003,642       0.01%
     Verizon   Communications,      Inc.                 $1,700,000       4.50%     10/8/2033        2,002,886       0.01%
     Fifth  Third  Bancorp                      $1,910,000       3.65%     25/1/2024        2,002,403       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,900,000       3.24%     25/9/2024        1,997,405       0.01%
     Marsh  & McLennan    Cos,  Inc.                 $2,000,000       2.25%     15/11/2030        1,997,404       0.01%
     University    of California                     $1,400,000       4.77%     15/5/2115        1,996,562       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,000,000       0.38%      5/5/2023       1,995,769       0.01%
                                187/362


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     Goldman   Sachs  Group,   Inc.                  $2,000,000       0.48%     27/1/2023        1,994,505       0.01%
     Federal   National   Mortgage   Association                $1,913,658       3.00%     1/11/2051        1,993,951       0.01%
     Federal   Farm  Credit  Banks  Funding   Corp.             $2,000,000       0.13%     13/4/2023        1,990,193       0.01%
     JPMorgan   Chase  & Co.＾                   $2,000,000       2.07%      1/6/2029       1,983,312       0.01%
     Viatris,   Inc.                       $1,975,000       2.70%     22/6/2030        1,982,429       0.01%
     JPMorgan   Chase  & Co.＾                   $2,000,000       0.97%     23/6/2025        1,981,606       0.01%
     Sabine  Pass  Liquefaction    LLC                 $1,725,000       5.88%     30/6/2026        1,979,492       0.01%
     Altria  Group,   Inc.                     $1,875,000       4.00%     31/1/2024        1,979,229       0.01%
     Oracle  Corp.                       $1,900,000       3.95%     25/3/2051        1,977,072       0.01%
     JPMorgan   Chase  & Co.＾                   $2,000,000       0.82%      1/6/2025       1,976,769       0.01%
     Federal   National   Mortgage   Association                $1,940,000       1.63%     15/10/2024        1,975,702       0.01%
     US Treasury   Note                     $1,950,000       1.38%     30/9/2023        1,973,385       0.01%
     Verizon   Communications,      Inc.                 $1,571,000       4.52%     15/9/2048        1,969,785       0.01%
     Leland  Stanford   Junior  University                  $1,625,000       3.65%      1/5/2048       1,966,048       0.01%
     PNC  Bank  NA                      $1,750,000       4.05%     26/7/2028        1,964,291       0.01%
     Northrop   Grumman   Corp.                   $1,700,000       4.40%      1/5/2030       1,963,837       0.01%
     Federal   National   Mortgage   Association                $1,913,167       2.00%      1/2/2036       1,961,599       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,934,561       2.00%     1/11/2041        1,956,716       0.01%
     Philip  Morris  International,     Inc.                $1,838,000       3.38%     11/8/2025        1,953,492       0.01%
     AutoZone,    Inc.                      $1,750,000       4.00%     15/4/2030        1,953,067       0.01%
     Verizon   Communications,      Inc.                 $2,000,000       0.85%     20/11/2025        1,951,763       0.01%
     CSAIL  2018-CX12    Commercial    Mortgage   Trust＾            $1,750,000       4.22%     15/8/2051        1,948,910       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $2,000,000       0.38%     21/7/2025        1,948,199       0.01%
     Federal   National   Mortgage   Association                $2,000,000       0.38%     25/8/2025        1,944,846       0.01%
     UnitedHealth     Group,   Inc.                  $1,875,000       2.38%     15/8/2024        1,941,464       0.01%
     Federal   National   Mortgage   Association                $1,795,000       2.94%     25/6/2029        1,939,746       0.01%
     AT&T,  Inc.                       $1,510,000       5.15%     15/2/2050        1,936,910       0.01%
     Altria  Group,   Inc.                     $1,675,000       5.38%     31/1/2044        1,936,814       0.01%
     Metropolitan    Life Global  Funding   I             GBP1,500,000        0.63%     8/12/2027        1,931,834       0.01%
     JPMorgan   Chase  & Co.＾                  EUR1,650,000        1.09%     11/3/2027        1,931,232       0.01%
     Energy   Transfer   LP                    $1,821,000       4.05%     15/3/2025        1,929,190       0.01%
     Bank  of America   Corp.＾                    $1,890,000       3.00%     20/12/2023        1,929,115       0.01%
     Government    National   Mortgage   Association               $1,879,605       2.50%     20/3/2051        1,927,849       0.01%
     Dell  International    LLC/EMC    Corp.                $1,525,000       6.20%     15/7/2030        1,927,711       0.01%
     JPMorgan   Chase  & Co.＾                  EUR1,600,000        1.64%     18/5/2028        1,926,413       0.01%
     Anthem,   Inc.                      $1,750,000       3.65%     1/12/2027        1,920,743       0.01%
     Government    National   Mortgage   Association               $1,810,028       4.00%     20/8/2048        1,916,572       0.01%
     Government    National   Mortgage   Association               $1,826,748       3.50%     20/4/2049        1,916,471       0.01%
     Federal   National   Mortgage   Association                $1,831,928       3.00%      1/5/2034       1,915,714       0.01%
     General   Electric   Co.                    $1,404,000       6.75%     15/3/2032        1,913,922       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,843,981       2.50%     1/12/2031        1,912,403       0.01%
     CCRE6   Commercial    Mortgage   Trust  2013             $1,890,000       3.10%     10/3/2046        1,909,190       0.01%
     Citigroup,    Inc.                      $1,475,000       4.65%     23/7/2048        1,900,257       0.01%
     Athene   Holding   Ltd.                    $1,800,000       3.50%     15/1/2031        1,899,766       0.01%
     Federal   National   Mortgage   Association                $1,828,636       3.00%      1/7/2049       1,899,360       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,925,000       1.56%     25/4/2030        1,897,962       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,675,000       3.77%     25/12/2028        1,894,082       0.01%
     Allied  World  Assurance    Co. Holdings   Ltd.             $1,765,000       4.35%     29/10/2025        1,893,273       0.01%
     T-Mobile   USA,  Inc.                    $1,615,000       4.50%     15/4/2050        1,892,220       0.01%
     Government    National   Mortgage   Association               $1,844,302       2.50%     20/10/2050        1,890,724       0.01%
     Morgan   Stanley＾                       $1,800,000       3.22%     22/4/2042        1,887,803       0.01%
     Merck  & Co.,  Inc.                     $1,803,000       2.75%     10/2/2025        1,887,396       0.01%
                                188/362

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     Charter   Communications      Operating    LLC/Charter
                               $1,380,000       6.48%     23/10/2045        1,886,668       0.01%
       Communications      Operating    Capital
     Verizon   Communications,      Inc.                 $1,750,000       3.55%     22/3/2051        1,885,757       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Burlington    Northern   Santa  Fe LLC                $1,740,000       3.25%     15/6/2027        1,885,448       0.01%
     Corning,   Inc.                       $1,500,000       4.75%     15/3/2042        1,885,064       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,798,871       3.00%      1/2/2047       1,884,066       0.01%
     AutoZone,    Inc.                      $2,000,000       1.65%     15/1/2031        1,883,581       0.01%
     JPMorgan   Chase  & Co.＾                   $1,750,000       3.51%     23/1/2029        1,876,757       0.01%
     General   Motors   Financial   Co.,  Inc.               $1,800,000       4.15%     19/6/2023        1,872,430       0.01%
     CVS  Health  Corp.                      $1,550,000       4.25%      1/4/2050       1,871,722       0.01%
     Applied   Materials,   Inc.                   $1,720,000       3.90%     1/10/2025        1,870,709       0.01%
     Verizon   Communications,      Inc.                EUR1,600,000        0.88%      8/4/2027       1,868,189       0.01%
     Government    National   Mortgage   Association               $1,785,886       3.50%     20/5/2049        1,867,293       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,827,019       2.50%     1/10/2049        1,865,404       0.01%
     Federal   National   Mortgage   Association                 $1,770,311       3.50%      1/6/2050       1,864,179       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,749,321       4.00%     1/10/2048        1,862,622       0.01%
     Federal   National   Mortgage   Association                 $1,743,352       3.50%     1/11/2045        1,861,563       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾         $1,650,000       3.78%     25/10/2028        1,855,049       0.01%
     JPMorgan   Chase  & Co.                  EUR1,600,000        0.63%     25/1/2024        1,848,585       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,600,040       6.00%      1/7/2040       1,846,719       0.01%
     Federal   National   Mortgage   Association                 $1,719,231       3.50%      1/5/2047       1,841,084       0.01%
     UnitedHealth     Group,   Inc.                   $1,665,000       3.50%     15/8/2039        1,840,687       0.01%
     Booking   Holdings,   Inc.                   $1,700,000       3.60%      1/6/2026       1,840,166       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,719,389       3.50%      1/8/2049       1,835,191       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,861,530       1.50%     1/11/2041        1,834,087       0.01%
     CVS  Health  Corp.                      $1,400,000       5.05%     25/3/2048        1,831,830       0.01%
     Amazon.com,     Inc.                     $1,850,000       1.00%     12/5/2026        1,830,962       0.01%
     QUALCOMM,     Inc.                     $1,885,000       1.30%     20/5/2028        1,826,614       0.01%
     Shire  Acquisitions    Investments    Ireland  DAC             $1,775,000       2.88%     23/9/2023        1,825,135       0.01%
     T-Mobile   USA,  Inc.                     $1,600,000       4.38%     15/4/2040        1,824,138       0.01%
     US Treasury   Bond                     $1,500,000       3.00%     15/5/2047        1,822,266       0.01%
     Microsoft   Corp.                      $1,740,000       2.70%     12/2/2025        1,819,808       0.01%
     Fiserv,   Inc.                       $1,715,000       3.20%      1/7/2026       1,815,309       0.01%
     Port  Authority   of New  York  & New  Jersey              $1,325,000       5.65%     1/11/2040        1,814,856       0.01%
     Bank  of America   Corp.                    $1,700,000       3.25%     21/10/2027        1,812,366       0.01%
     Federal   National   Mortgage   Association                 $1,747,046       2.50%      1/4/2036       1,807,611       0.01%
     Federal   National   Mortgage   Association                 $1,739,215       3.00%     1/10/2050        1,806,238       0.01%
     Becton   Dickinson   & Co.                   $1,650,000       3.70%      6/6/2027       1,799,202       0.01%
     Weyerhaeuser     Co.                     $1,275,000       7.38%     15/3/2032        1,793,421       0.01%
     Mylan,  Inc.                       $1,750,000       3.13%     15/1/2023        1,788,772       0.01%
     Dollar  General   Corp.                     $1,650,000       3.50%      3/4/2030       1,785,425       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,800,000       0.25%     4/12/2023        1,784,241       0.01%
     Federal   National   Mortgage   Association                 $1,743,480       2.50%     1/11/2050        1,780,331       0.01%
     Cigna  Corp.                        $1,410,000       4.80%     15/7/2046        1,779,810       0.01%
     Federal   National   Mortgage   Association                 $1,634,077       5.00%      1/2/2049       1,778,935       0.01%
     Government    National   Mortgage   Association               $1,820,402       1.50%     20/3/2051        1,774,357       0.01%
     JPMorgan   Chase  & Co.＾                   $1,700,000       3.80%     23/7/2024        1,771,761       0.01%
     Dow  Chemical   Co.                     $1,485,000       4.38%     15/11/2042        1,771,095       0.01%
     Federal   National   Mortgage   Association                 $1,669,932       3.50%      1/9/2047       1,769,664       0.01%
                                189/362


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     Federal   Home  Loan  Mortgage   Corp.                $1,665,912       3.50%      1/7/2047       1,765,997       0.01%
     Government    National   Mortgage   Association               $1,685,119       3.00%     20/5/2032        1,764,507       0.01%
     Morgan   Stanley＾                       $1,550,000       3.97%     22/7/2038        1,764,196       0.01%
     Federal   National   Mortgage   Association                 $1,670,771       3.50%      1/9/2050       1,762,332       0.01%
     Federal   National   Mortgage   Association                 $1,654,744       4.00%      1/6/2048       1,761,471       0.01%
     AT&T,  Inc.                       $1,798,000       2.55%     1/12/2033        1,760,810       0.01%
     Federal   National   Mortgage   Association                 $1,660,380       3.50%     1/11/2047        1,759,541       0.01%
     Wells  Fargo  Commercial    Mortgage   Trust  2015            $1,676,798       3.41%     15/9/2058        1,757,996       0.01%
     Goldman   Sachs  Group,   Inc.                 GBP1,200,000        3.13%     25/7/2029        1,754,785       0.01%
     Bank  of America   Corp.＾                    $1,725,000       2.69%     22/4/2032        1,752,167       0.01%
     Entergy   Corp.                       $1,675,000       2.95%      1/9/2026       1,752,142       0.01%
     Nestle  Holdings,   Inc.                    $1,500,000       3.90%     24/9/2038        1,751,274       0.01%
     PepsiCo,   Inc.                      $1,550,000       3.45%     6/10/2046        1,750,582       0.01%
     Cisco  Systems,   Inc.                    $1,650,000       3.63%      4/3/2024       1,750,522       0.01%
     Boeing  Co.                       $1,500,000       5.15%      1/5/2030       1,750,147       0.01%
     Lowe's   Cos,  Inc.                     $1,675,000       2.50%     15/4/2026        1,744,793       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,641,262       3.50%      1/1/2048       1,739,867       0.01%
     John  Deere  Capital   Corp.                   $1,825,000       1.45%     15/1/2031        1,737,143       0.01%
     Procter   & Gamble   Co.                  EUR1,500,000        0.50%     25/10/2024        1,736,849       0.01%
     Berkshire   Hathaway,    Inc.                 JPY200,000,000        0.44%     13/9/2029        1,733,551       0.01%
     JPMBB   Commercial    Mortgage   Securities   Trust  2014          $1,650,000       4.08%     15/2/2047        1,732,496       0.01%
     Federal   National   Mortgage   Association                 $1,723,863       1.50%      1/2/2036       1,732,019       0.01%
     Federal   National   Mortgage   Association                 $1,654,166       3.00%      1/7/2046       1,731,824       0.01%
     Digital  Euro  Finco  LLC                  EUR1,500,000        1.13%      9/4/2028       1,730,261       0.01%
     Lowe's   Cos,  Inc.                     $1,800,000       1.30%     15/4/2028        1,726,532       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Benchmark    2018-B8   Mortgage   Trust              $1,525,000       4.23%     15/1/2052        1,726,341       0.01%
     Microsoft   Corp.                     $1,585,000       3.30%      6/2/2027        1,725,545       0.01%
     JPMorgan   Chase  & Co.                 GBP1,300,000        0.99%     28/4/2026        1,725,281       0.01%
     Comcast   Corp.                     $1,783,000       2.89%     1/11/2051        1,724,955       0.01%
     Federal   National   Mortgage   Association               $1,714,911       1.50%      1/1/2036        1,723,024       0.01%
     Merck  & Co.,  Inc.                    $1,825,000       2.45%     24/6/2050        1,723,003       0.01%
     CVS  Health  Corp.                    $1,325,000       5.13%     20/7/2045        1,722,827       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,200,000       6.75%     15/3/2031        1,720,273       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,676,450       2.00%     1/12/2036        1,718,686       0.01%
     Federal   National   Mortgage   Association               $1,601,205       3.50%      1/4/2042        1,717,993       0.01%
     CVS  Health  Corp.                    $1,500,000       4.13%      1/4/2040        1,717,342       0.01%
     Federal   National   Mortgage   Association               $1,652,853       3.00%      1/8/2050        1,714,466       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,631,062       3.00%      1/9/2045        1,714,036       0.01%
     Goldman   Sachs  Group,   Inc.               EUR1,500,000        0.88%      9/5/2029        1,712,572       0.01%
     Skyworks   Solutions,   Inc.                  $1,700,000       3.00%      1/6/2031        1,710,500       0.01%
     UnitedHealth     Group,   Inc.                 $1,650,000       3.13%     15/5/2060        1,708,568       0.01%
     Federal   National   Mortgage   Association               $1,736,307       1.50%     1/11/2041        1,708,052       0.01%
     JPMorgan   Chase  & Co.＾                  $1,575,000       3.78%      1/2/2028        1,706,274       0.01%
     Federal   National   Mortgage   Association               $1,562,750       4.00%     1/11/2043        1,705,582       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,686,676       2.00%     1/10/2040        1,705,557       0.01%
     Enstar  Group  Ltd.                    $1,525,000       4.95%      1/6/2029        1,703,950       0.01%
     High  Street  Funding   Trust  I               $1,525,000       4.11%     15/2/2028        1,700,296       0.01%
     Goldman   Sachs  Group,   Inc.＾                 $1,525,000       4.22%      1/5/2029        1,694,654       0.01%
     PepsiCo,   Inc.                     $1,500,000       3.50%     19/3/2040        1,694,336       0.01%
                                190/362


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     AbbVie,   Inc.                     $1,475,000       4.05%     21/11/2039         1,690,800       0.01%
     Federal   National   Mortgage   Association               $1,594,020       3.50%      1/5/2049        1,689,218       0.01%
     American   Tower  Corp.                  EUR1,500,000        0.88%     21/5/2029        1,686,450       0.01%
     Bank  of America   Corp.                   $1,075,000       7.75%     14/5/2038        1,685,775       0.01%
     Federal   National   Mortgage   Association               $1,600,000       2.44%     25/10/2029         1,681,779       0.01%
     Microsoft   Corp.                     $1,562,000       3.04%     17/3/2062        1,681,741       0.01%
     Federal   National   Mortgage   Association               $1,594,711       3.50%      1/3/2050        1,680,817       0.01%
     Federal   National   Mortgage   Association               $1,567,608       3.50%     1/11/2046        1,680,676       0.01%
     AvalonBay    Communities,     Inc.                $1,700,000       2.05%     15/1/2032        1,678,892       0.01%
     Federal   National   Mortgage   Association＾               $1,725,000       1.47%     25/2/2031        1,675,695       0.01%
     TJX  Cos,  Inc.                     $1,619,000       2.25%     15/9/2026        1,674,148       0.01%
     JPMorgan   Chase  & Co.＾                 EUR1,450,000        1.00%     25/7/2031        1,670,984       0.01%
     Microsoft   Corp.                     $1,577,000       2.92%     17/3/2052        1,669,909       0.01%
     MPLX  LP                      $1,305,000       5.50%     15/2/2049        1,668,894       0.01%
     Mondelez   International    Holdings   Netherlands    BV        EUR1,500,000        0.25%      9/9/2029        1,666,226       0.01%
     Upjohn   Finance   BV                  EUR1,400,000        1.91%     23/6/2032        1,665,864       0.01%
     Home  Depot,  Inc.                    $1,175,000       5.88%     16/12/2036         1,663,629       0.01%
     Federal   National   Mortgage   Association               $1,621,664       2.00%     1/12/2035        1,662,481       0.01%
     General   Electric   Co.                  EUR1,375,000        1.50%     17/5/2029        1,660,700       0.01%
     AbbVie,   Inc.                     $1,600,000       2.60%     21/11/2024         1,659,465       0.01%
     Sammons   Financial   Group,   Inc.               $1,500,000       4.45%     12/5/2027        1,650,117       0.01%
     Federal   National   Mortgage   Association               $1,613,013       2.50%      1/4/2050        1,647,107       0.01%
     Abbott   Laboratories                      $1,200,000       4.90%     30/11/2046         1,647,067       0.01%
     NextEra   Energy   Capital   Holdings,   Inc.             $1,650,000       2.25%      1/6/2030        1,645,811       0.01%
     Citigroup,    Inc.＾                    EUR1,400,000        1.25%      6/7/2026        1,645,091       0.01%
     Government    National   Mortgage   Association              $1,577,394       3.00%     20/8/2049        1,637,995       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,600,489       2.50%     1/12/2050        1,637,098       0.01%
     Alphabet,   Inc.                     $1,675,000       0.45%     15/8/2025        1,636,856       0.01%
     Government    National   Mortgage   Association              $1,575,000       3.00%     20/12/2051         1,636,251       0.01%
     Comcast   Corp.                     $1,500,000       3.40%      1/4/2030        1,634,897       0.01%
     Federal   National   Mortgage   Association               $1,523,178       3.50%      1/8/2042        1,634,275       0.01%
     Athene   Global  Funding                  EUR1,450,000        0.63%     12/1/2028        1,632,138       0.01%
     Alexandria    Real  Estate  Equities,   Inc.              $1,700,000       2.00%     18/5/2032        1,632,017       0.01%
     PepsiCo,   Inc.                     $1,540,000       2.75%     19/3/2030        1,628,206       0.01%
     Fiserv,   Inc.                      $1,513,000       3.50%      1/7/2029        1,627,245       0.01%
     Enable  Midstream    Partners   LP               $1,500,000       5.00%     15/5/2044        1,626,784       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,551,934       3.00%      1/8/2050        1,625,711       0.01%
     Amazon.com,     Inc.                    $1,705,000       2.50%      3/6/2050        1,622,706       0.01%
     Wells  Fargo  & Co.                   $1,200,000       5.61%     15/1/2044        1,619,989       0.01%
     US Treasury   Note                    $1,625,000       0.75%     15/11/2024         1,616,240       0.01%
     T-Mobile   USA,  Inc.                   $1,625,000       3.60%     15/11/2060         1,616,106       0.01%
     Government    National   Mortgage   Association              $1,526,048       4.00%     20/9/2048        1,615,875       0.01%
     AbbVie,   Inc.                     $1,510,000       3.80%     15/3/2025        1,610,804       0.01%
     Southwest    Airlines   Co.                  $1,450,000       5.25%      4/5/2025        1,610,788       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,515,192       3.50%     1/10/2049        1,609,356       0.01%
     Intercontinental     Exchange,    Inc.               $1,675,000       1.85%     15/9/2032        1,606,896       0.01%
     Microsoft   Corp.                     $1,575,000       2.00%      8/8/2023        1,604,896       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   National   Mortgage   Association                $1,520,870       3.50%     1/12/2049        1,604,215       0.01%
                                191/362


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     Mileage   Plus  Holdings   LLC/Mileage     Plus  Intellectual    Property
                               $1,500,000       6.50%     20/6/2027        1,603,341       0.01%
       Assets  Ltd.
     Athene   Global  Funding                   GBP1,200,000        1.75%     24/11/2027        1,602,656       0.01%
     Comcast   Corp.                      $1,500,000       3.45%      1/2/2050       1,602,590       0.01%
     Spectra   Energy   Partners   LP                 $1,500,000       4.75%     15/3/2024        1,600,334       0.01%
     Aon  Corp.                        $1,550,000       2.80%     15/5/2030        1,597,545       0.01%
     CCRE25   Commercial    Mortgage   Trust  2015             $1,541,425       3.51%     10/8/2048        1,596,383       0.01%
     AbbVie,   Inc.                       $1,500,000       3.60%     14/5/2025        1,594,089       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,400,000       3.93%     25/6/2028        1,593,411       0.01%
     AT&T,  Inc.                       $1,525,000       3.85%      1/6/2060       1,592,864       0.01%
     MidAmerican     Energy   Co.                  $1,175,000       5.80%     15/10/2036        1,589,711       0.01%
     Morgan   Stanley                       $1,525,000       4.10%     22/5/2023        1,588,703       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,549,175       2.00%      1/7/2036       1,588,204       0.01%
     Bank  of America   Corp.＾                    $1,600,000       1.73%     22/7/2027        1,587,915       0.01%
     MetLife,   Inc.                      $1,500,000       4.37%     15/9/2023        1,587,087       0.01%
     PECO  Energy   Co.                     $1,501,000       3.15%     15/10/2025        1,586,878       0.01%
     Verizon   Communications,      Inc.                 $1,231,000       4.86%     21/8/2046        1,585,712       0.01%
     HP,  Inc.                        $1,550,000       2.20%     17/6/2025        1,584,435       0.01%
     McDonald's    Corp.                     $1,491,000       3.30%      1/7/2025       1,582,462       0.01%
     Bank  of America   Corp.＾                    $1,502,000       3.37%     23/1/2026        1,581,146       0.01%
     Government    National   Mortgage   Association               $1,497,942       3.00%     20/4/2043        1,580,946       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,540,348       2.00%      1/1/2037       1,579,154       0.01%
     Caterpillar,    Inc.                      $1,500,000       3.40%     15/5/2024        1,577,126       0.01%
     Kinder  Morgan   Energy   Partners   LP               $1,498,000       4.15%      1/2/2024       1,576,270       0.01%
     AbbVie,   Inc.                       $1,274,000       4.70%     14/5/2045        1,575,348       0.01%
     Intel  Corp.                        $1,389,000       3.73%     8/12/2047        1,575,284       0.01%
     Visa,  Inc.                        $1,250,000       4.30%     14/12/2045        1,573,226       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,540,058       2.50%      1/6/2051       1,573,130       0.01%
     DuPont   de Nemours,   Inc.                  $1,125,000       5.42%     15/11/2048        1,572,859       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,500,000       2.43%     25/8/2029        1,571,976       0.01%
     Linde,  Inc.                      EUR1,300,000        1.63%     1/12/2025        1,571,222       0.01%
     AT&T,  Inc.                       $1,551,000       3.50%     15/9/2053        1,567,677       0.01%
     McDonald's    Corp.                    EUR1,400,000        0.25%     4/10/2028        1,565,505       0.01%
     Verizon   Communications,      Inc.                EUR1,400,000        0.38%     22/3/2029        1,565,106       0.01%
     Government    National   Mortgage   Association               $1,489,213       3.50%     20/7/2047        1,563,030       0.01%
     Nestle  Holdings,   Inc.                    $1,500,000       3.35%     24/9/2023        1,562,056       0.01%
     Phillips   66                       $1,235,000       4.88%     15/11/2044        1,561,704       0.01%
     Expedia   Group,   Inc.                    $1,500,000       3.60%     15/12/2023        1,559,396       0.01%
     Bank  of America   Corp.                    $1,455,000       4.00%     22/1/2025        1,555,930       0.01%
     ViacomCBS,    Inc.                     $1,475,000       3.50%     15/1/2025        1,555,218       0.01%
     Anthem,   Inc.                      $1,471,000       3.35%     1/12/2024        1,554,256       0.01%
     Federal   National   Mortgage   Association                $1,500,000       2.47%     25/4/2026        1,552,004       0.01%
     PepsiCo,   Inc.                      $1,500,000       2.25%     19/3/2025        1,551,838       0.01%
     Honeywell    International,     Inc.                EUR1,230,000        2.25%     22/2/2028        1,549,897       0.01%
     Verizon   Communications,      Inc.               AU($)2,000,000        4.05%     17/2/2025        1,548,529       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,531,039       2.00%      1/9/2040       1,548,178       0.01%
     Schlumberger     Investment    SA                 $1,510,000       2.65%     26/6/2030        1,546,868       0.01%
     Cox  Communications,      Inc.                  $1,450,000       3.35%     15/9/2026        1,541,893       0.01%
     Charter   Communications      Operating    LLC/Charter
                               $1,450,000       4.50%      1/2/2024       1,541,430       0.01%
       Communications      Operating    Capital
     General   Motors   Co.                    $1,450,000       4.88%     2/10/2023        1,540,387       0.01%
     Verizon   Communications,      Inc.                 $1,325,000       4.13%     15/8/2046        1,537,570       0.01%
                                192/362

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     Discovery    Communications      LLC                $1,500,000       2.95%     20/3/2023        1,534,295       0.01%
     Pfizer,  Inc.                       $1,225,000       4.40%     15/5/2044        1,533,589       0.01%
     AT&T,  Inc.                      EUR1,200,000        2.60%     19/5/2038        1,531,436       0.01%
     MPLX  LP                       $1,380,000       4.25%     1/12/2027        1,528,788       0.01%
     American   International    Group,   Inc.               $1,375,000       3.88%     15/1/2035        1,528,567       0.01%
     Broadcom,    Inc.                      $1,500,000       3.50%     15/2/2041        1,527,407       0.01%
     John  Deere  Capital   Corp.                   $1,475,000       2.25%     14/9/2026        1,527,185       0.01%
     Diamondback     Energy,   Inc.                  $1,440,000       3.50%     1/12/2029        1,526,298       0.01%
     Pacific  Gas  & Electric   Co.                  $1,600,000       2.50%      1/2/2031       1,524,260       0.01%
     Wells  Fargo  & Co.＾                   EUR1,300,000        1.34%      4/5/2025       1,520,594       0.01%
     Boeing  Co.                       $1,500,000       1.95%      1/2/2024       1,519,909       0.01%
     Metropolitan    Life Global  Funding   I              $1,500,000       1.95%     13/1/2023        1,519,775       0.01%
     Southwest    Airlines   Co.                   $1,450,000       4.75%      4/5/2023       1,519,000       0.01%
     Sempra   Energy                       $1,425,000       3.40%      1/2/2028       1,518,271       0.01%
     Juniper   Networks,    Inc.                   $1,400,000       3.75%     15/8/2029        1,517,040       0.01%
     Lockheed   Martin  Corp.                    $1,399,000       3.55%     15/1/2026        1,516,419       0.01%
     Bank  of America   Corp.＾                    $1,500,000       2.59%     29/4/2031        1,514,549       0.01%
     General   Electric   Co.                    $1,112,000       5.88%     14/1/2038        1,511,787       0.01%
     Goldman   Sachs  Group,   Inc.＾                  $1,500,000       2.62%     22/4/2032        1,507,623       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,450,000       2.67%     25/12/2024        1,506,377       0.01%
     JPMorgan   Chase  & Co.＾                   $1,300,000       4.49%     24/3/2031        1,504,972       0.01%
     Truist  Bank                       $1,414,000       3.30%     15/5/2026        1,504,942       0.01%
     Qorvo,   Inc.                       $1,500,000       1.75%     15/12/2024        1,501,138       0.01%
     Boeing  Co.                       $1,500,000       1.17%      4/2/2023       1,500,253       0.01%
     Verizon   Communications,      Inc.                EUR1,350,000        0.75%     22/3/2032        1,499,959       0.01%
     Mastercard,    Inc.                     $1,500,000       1.90%     15/3/2031        1,499,231       0.01%
     McDonald's    Corp.                     $1,500,000       2.13%      1/3/2030       1,496,427       0.01%
     salesforce.com,     Inc.                    $1,500,000       2.70%     15/7/2041        1,496,016       0.01%
     Morgan   Stanley＾                       $1,500,000       0.53%     25/1/2024        1,494,905       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,395,230       4.00%     1/10/2047        1,494,288       0.01%
     Federal   National   Mortgage   Association                $1,500,000       0.25%     22/5/2023        1,493,538       0.01%
     Viatris,   Inc.                       $1,400,000       3.85%     22/6/2040        1,493,321       0.01%
     Federal   Home  Loan  Banks                   $1,500,000       0.13%     17/3/2023        1,493,152       0.01%
     Brandywine    Operating    Partnership    LP              $1,390,000       3.95%     15/11/2027        1,493,088       0.01%
     Federal   National   Mortgage   Association＾                $1,391,627       3.06%     25/5/2027        1,492,454       0.01%
     Bristol-Myers     Squibb  Co.                  $1,500,000       0.54%     13/11/2023        1,492,365       0.01%
     JPMorgan   Chase  & Co.＾                   $1,500,000       0.65%     16/9/2024        1,492,273       0.01%
     Government    National   Mortgage   Association               $1,420,077       3.50%     20/12/2047        1,490,466       0.01%
     ViacomCBS,    Inc.                     $1,260,000       4.95%     15/1/2031        1,489,171       0.01%
     Federal   National   Mortgage   Association                $1,500,000       0.25%     27/11/2023        1,486,759       0.01%
     United  Parcel  Service,   Inc.                  $1,100,000       5.20%      1/4/2040       1,482,684       0.01%
     Wells  Fargo  Bank  NA                   $1,100,000       5.85%      1/2/2037       1,482,260       0.01%
     Nasdaq,   Inc.                     EUR1,300,000        0.88%     13/2/2030        1,480,601       0.01%
     AT&T,  Inc.                       $1,314,000       4.30%     15/2/2030        1,480,406       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,415,497       3.00%      1/8/2034       1,480,293       0.01%
     Capital   One  Financial   Corp.                  $1,475,000       3.05%      9/3/2022       1,478,812       0.01%
     Federal   National   Mortgage   Association                $1,340,335       4.50%      1/5/2041       1,476,477       0.01%
     Northrop   Grumman   Corp.                   $1,050,000       5.25%      1/5/2050       1,473,752       0.01%
     Apple,  Inc.                       $1,500,000       2.65%      8/2/2051       1,473,642       0.01%
                                193/362


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     Highland   Holdings   Sarl                  EUR1,294,000        0.00%     12/11/2023        1,473,195       0.01%
     PepsiCo,   Inc.                      $1,400,000       2.88%     15/10/2049        1,467,739       0.01%
     Morgan   Stanley                       $1,325,000       4.35%      8/9/2026       1,467,601       0.01%
     International    Business   Machines   Corp.               $1,500,000       1.95%     15/5/2030        1,466,568       0.01%
     Bank  of America   Corp.＾                    $1,350,000       3.71%     24/4/2028        1,465,935       0.01%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.           $1,500,000       1.20%     15/11/2025        1,463,052       0.01%
     MPLX  LP                       $1,473,000       1.75%      1/3/2026       1,462,861       0.01%
     Federal   National   Mortgage   Association                $1,379,365       3.50%      1/9/2049       1,457,629       0.01%
     Sysco  Corp.                       $1,000,000       6.60%      1/4/2040       1,456,984       0.01%
     Comcast   Corp.                      $1,225,000       4.40%     15/8/2035        1,456,873       0.01%
     Apple,  Inc.                     CA($)1,796,000        2.51%     19/8/2024        1,456,135       0.01%
     Gilead  Sciences,   Inc.                    $1,350,000       3.65%      1/3/2026       1,455,908       0.01%
     JPMorgan   Chase  & Co.＾                   $1,350,000       3.33%     22/4/2052        1,455,582       0.01%
     American   Tower  Corp.                   EUR1,300,000        0.40%     15/2/2027        1,455,373       0.01%
     AT&T,  Inc.                       $1,500,000       2.25%      1/2/2032       1,451,358       0.01%
     Wells  Fargo  & Co.                     $1,325,000       4.10%      3/6/2026       1,444,920       0.01%
     Conagra   Brands,   Inc.                    $1,313,000       4.60%     1/11/2025        1,444,384       0.01%
     Dollar  General   Corp.                    $1,250,000       4.13%      3/4/2050       1,444,228       0.01%
     Wells  Fargo  & Co.＾                   EUR1,200,000        1.74%      4/5/2030       1,443,083       0.01%
     Government    National   Mortgage   Association               $1,378,843       3.00%     20/6/2046        1,441,212       0.01%
     Cargill,   Inc.                       $1,400,000       3.25%      1/3/2023       1,440,267       0.01%
     Verizon   Communications,      Inc.                 $1,250,000       4.00%     22/3/2050        1,437,485       0.01%
     Broadcom    Corp./Broadcom      Cayman   Finance   Ltd.          $1,325,000       3.88%     15/1/2027        1,436,679       0.01%
     Carrier   Global  Corp.                    $1,350,000       3.58%      5/4/2050       1,436,115       0.01%
     Cisco  Systems,   Inc.                    $1,025,000       5.50%     15/1/2040        1,432,912       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,396,079       2.00%     1/10/2036        1,431,251       0.01%
     JPMDB   Commercial    Mortgage   Securities   Trust  2018          $1,275,000       4.21%     15/6/2051        1,431,220       0.01%
     ONEOK,   Inc.                      $1,242,000       5.85%     15/1/2026        1,427,809       0.01%
     Federal   National   Mortgage   Association＾                $1,275,000       3.58%     25/8/2028        1,426,902       0.01%
     Thermo   Fisher  Scientific   Finance   IBV             EUR1,245,000        0.80%     18/10/2030        1,425,501       0.01%
     Commonwealth     Edison  Co.                  $1,420,000       2.20%      1/3/2030       1,423,207       0.01%
     Bank  of America   Corp.＾                    $1,350,000       3.31%     22/4/2042        1,418,679       0.01%
     Goldman   Sachs  Group,   Inc.                  $1,300,000       4.25%     21/10/2025        1,418,462       0.01%
     Equinix,   Inc.                       $1,350,000       3.20%     18/11/2029        1,418,135       0.01%
     US Treasury   Bond                     $1,300,000       6.25%     15/8/2023        1,417,051       0.01%
     Wells  Fargo  & Co.                     $1,350,000       4.13%     15/8/2023        1,416,255       0.01%
     Exxon  Mobil  Corp.                     $1,400,000       1.57%     15/4/2023        1,416,029       0.01%
     Pacific  Gas  & Electric   Co.                  $1,350,000       4.50%      1/7/2040       1,415,466       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,300,000       3.41%     25/12/2026        1,415,442       0.01%
     Amgen,   Inc.                       $1,111,000       4.66%     15/6/2051        1,414,347       0.01%
     Verizon   Communications,      Inc.                 $1,125,000       4.81%     15/3/2039        1,412,153       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   National   Mortgage   Association                 $1,394,930       2.00%     1/1/2042       1,410,761       0.01%
     Intel  Corp.                        $1,360,000       2.45%     15/11/2029        1,406,799       0.01%
     Bank  of America   Corp.＾                    $1,350,000       3.86%     23/7/2024        1,406,782       0.01%
     Government    National   Mortgage   Association               $1,352,635       3.00%     20/6/2050        1,406,235       0.01%
     Bank  of New  York  Mellon  Corp.                 $1,349,000       2.45%     17/8/2026        1,401,417       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,367,119       2.00%     1/11/2034        1,400,875       0.01%
     Amazon.com,     Inc.                     $1,150,000       4.05%     22/8/2047        1,399,993       0.01%
     Raytheon   Technologies     Corp.                  $1,250,000       4.13%     16/11/2028        1,398,832       0.01%
                                194/362


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     Bristol-Myers     Squibb  Co.                   $1,125,000       4.25%     26/10/2049        1,391,553       0.01%
     Federal   National   Mortgage   Association                 $1,356,052       2.00%     1/10/2035        1,390,636       0.01%
     ConocoPhillips                          $1,270,000       3.75%     1/10/2027        1,389,910       0.01%
     Broadcom,    Inc.                      $1,220,000       4.75%     15/4/2029        1,389,759       0.01%
     Alabama   Power  Co.                    $1,475,000       1.45%     15/9/2030        1,388,796       0.01%
     Amazon.com,     Inc.                     $1,300,000       3.10%     12/5/2051        1,388,742       0.01%
     Comcast   Corp.                       $1,299,000       3.38%     15/8/2025        1,386,151       0.01%
     Morgan   Stanley＾                       $1,400,000       1.59%     4/5/2027       1,385,651       0.01%
     Stellantis   NV                     EUR1,000,000        4.50%     7/7/2028       1,384,366       0.01%
     Citigroup,    Inc.＾                      $1,320,000       3.11%     8/4/2026       1,383,923       0.01%
     JPMorgan   Chase  & Co.＾                   $1,400,000       1.58%     22/4/2027        1,383,670       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,384,970       2.00%     1/8/2050       1,383,167       0.01%
     Cigna  Corp.                        $1,125,000       4.80%     15/8/2038        1,382,786       0.01%
     DuPont   de Nemours,   Inc.                   $1,075,000       5.32%     15/11/2038        1,382,501       0.01%
     Ventas   Canada   Finance   Ltd.                CA($)1,710,000        2.80%     12/4/2024        1,382,196       0.01%
     Federal   National   Mortgage   Association                 $1,335,037       2.50%     1/9/2035       1,381,318       0.01%
     Wells  Fargo  & Co.＾                     $1,350,000       3.07%     30/4/2041        1,381,153       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,276,302       4.00%     1/1/2046       1,379,741       0.01%
     T-Mobile   USA,  Inc.                     $1,300,000       3.50%     15/4/2025        1,377,648       0.01%
     ConocoPhillips                          $1,050,000       5.90%     15/10/2032        1,375,616       0.01%
     Marsh  & McLennan    Cos,  Inc.                 $1,100,000       4.75%     15/3/2039        1,375,518       0.01%
     Federal   National   Mortgage   Association                 $1,332,306       2.50%     1/9/2041       1,374,413       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,324,436       3.00%     1/8/2051       1,373,859       0.01%
     CVS  Health  Corp.                      $1,250,000       3.75%     1/4/2030       1,372,691       0.01%
     Morgan   Stanley＾                       $1,400,000       2.24%     21/7/2032        1,371,628       0.01%
     Athene   Holding   Ltd.                    $1,250,000       4.13%     12/1/2028        1,368,457       0.01%
     American   Express   Co.                    $1,280,000       3.63%     5/12/2024        1,367,925       0.01%
     Bristol-Myers     Squibb  Co.                   $1,250,000       3.40%     26/7/2029        1,367,238       0.01%
     Williams   Cos,  Inc.                     $1,100,000       5.40%     4/3/2044       1,365,077       0.01%
     Walmart,   Inc.                      GBP700,000       5.63%     27/3/2034        1,363,410       0.01%
     Government    National   Mortgage   Association               $1,304,819       3.50%     20/7/2049        1,363,161       0.01%
     Wells  Fargo  Commercial    Mortgage   Trust  2018            $1,200,000       4.30%     15/1/2052        1,362,623       0.01%
     Morgan   Stanley                       $1,255,000       3.63%     20/1/2027        1,361,914       0.01%
     Time  Warner   Cable  LLC                   $1,250,000       4.50%     15/9/2042        1,358,788       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,285,449       3.50%     1/6/2048       1,358,066       0.01%
     Marathon   Petroleum    Corp.                   $1,190,000       5.13%     15/12/2026        1,356,997       0.01%
     CD 2016-CD2    Mortgage   Trust＾                 $1,265,000       3.53%     10/11/2049        1,356,659       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾         $1,200,000       3.85%     25/5/2028        1,356,442       0.01%
     Morgan   Stanley＾                      EUR1,200,000        0.41%     29/10/2027        1,355,963       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,339,867       2.00%     1/7/2041       1,355,212       0.01%
     Securian   Financial   Group,   Inc.                 $1,090,000       4.80%     15/4/2048        1,353,669       0.01%
     ERAC  USA  Finance   LLC                    $995,000      5.63%     15/3/2042        1,353,407       0.01%
     US Treasury   Bond                     $1,123,000       6.88%     15/8/2025        1,352,513       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,251,848       3.50%     1/5/2050       1,352,194       0.01%
     Government    National   Mortgage   Association               $1,292,025       3.00%     20/12/2047        1,347,191       0.01%
     Kinder  Morgan,   Inc.                    $1,125,000       5.05%     15/2/2046        1,347,108       0.01%
     Visa,  Inc.                        $1,325,000       1.90%     15/4/2027        1,346,639       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,331,344       2.00%     1/6/2041       1,346,591       0.01%
     American   Honda  Finance   Corp.                GBP1,000,000        1.50%     19/10/2027        1,346,326       0.01%
     Oracle  Corp.                       $1,360,000       3.85%     1/4/2060       1,345,740       0.01%
     Apple,  Inc.                      EUR1,100,000        1.38%     24/5/2029        1,345,432       0.01%
     MetLife,   Inc.                       $900,000      9.25%     8/4/2038       1,344,949       0.01%
                                195/362


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     Comcast   Corp.                       $1,500,000       2.45%     15/8/2052        1,343,582       0.01%
     Federal   National   Mortgage   Association                 $1,257,062       4.00%     1/7/2048       1,338,139       0.01%
     Simon  Property   Group  LP                  $1,300,000       3.25%     13/9/2049        1,336,283       0.01%
     Charter   Communications      Operating    LLC/Charter
                               $1,190,000       4.80%     1/3/2050       1,333,961       0.01%
       Communications      Operating    Capital
     Federal   National   Mortgage   Association                 $1,266,704       3.50%     1/5/2051       1,333,481       0.01%
     Verizon   Communications,      Inc.                 $1,280,000       2.63%     15/8/2026        1,333,345       0.01%
     General   Motors   Financial   Co.,  Inc.               $1,250,000       4.00%     15/1/2025        1,332,094       0.01%
     Gilead  Sciences,   Inc.                    $1,050,000       4.75%     1/3/2046       1,330,666       0.01%
     Intel  Corp.                        $1,000,000       4.75%     25/3/2050        1,330,144       0.01%
     Conagra   Brands,   Inc.                    $1,050,000       5.30%     1/11/2038        1,327,603       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Visa,  Inc.                        $1,300,000       2.80%     14/12/2022        1,323,765       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,242,348       4.00%      1/3/2049       1,323,603       0.01%
     Valero  Energy   Corp.                    $1,200,000       4.35%      1/6/2028       1,323,207       0.01%
     Government    National   Mortgage   Association               $1,246,482       4.00%     20/12/2047        1,322,811       0.01%
     Government    National   Mortgage   Association               $1,271,972       3.00%     20/5/2050        1,322,309       0.01%
     DTE  Electric   Co.                     $1,225,000       3.25%      1/4/2051       1,322,247       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,250,000       2.86%     25/5/2026        1,322,122       0.01%
     Gilead  Sciences,   Inc.                    $1,045,000       4.80%      1/4/2044       1,320,909       0.01%
     Kinder  Morgan   Energy   Partners   LP               $1,075,000       5.50%      1/3/2044       1,320,493       0.01%
     Highland   Holdings   Sarl                  EUR1,163,000        0.32%     15/12/2026        1,319,430       0.01%
     Federal   Home  Loan  Banks                   $1,180,000       3.25%     16/11/2028        1,317,064       0.01%
     Mylan,  Inc.                       $1,175,000       4.55%     15/4/2028        1,316,201       0.01%
     Otis  Worldwide    Corp.                    $1,285,000       3.11%     15/2/2040        1,316,117       0.01%
     Federal   National   Mortgage   Association                $1,248,339       3.00%      1/9/2042       1,315,167       0.01%
     John  Deere  Cash  Management    SARL              EUR1,000,000        2.20%      2/4/2032       1,314,758       0.01%
     Government    National   Mortgage   Association               $1,242,935       3.50%     20/5/2046        1,311,573       0.01%
     Apple,  Inc.                       $1,230,000       2.90%     12/9/2027        1,311,013       0.01%
     Marriott   International,     Inc.                  $1,250,000       3.50%     15/10/2032        1,309,668       0.01%
     VMware,   Inc.                      $1,160,000       4.65%     15/5/2027        1,309,358       0.01%
     Federal   National   Mortgage   Association                $1,228,951       4.00%      1/5/2049       1,308,225       0.01%
     Goldman   Sachs  Group,   Inc.                  $900,000      6.25%      1/2/2041       1,307,268       0.01%
     BP Capital   Markets   America,   Inc.                $1,235,000       3.02%     16/1/2027        1,304,232       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,189,343       4.00%      1/8/2044       1,303,620       0.01%
     Oracle  Corp.                       $1,250,000       2.95%     15/11/2024        1,300,262       0.01%
     GS Mortgage   Securities   Trust  2017               $1,213,000       3.43%     10/8/2050        1,300,172       0.01%
     GA Global  Funding   Trust                   $1,300,000       1.25%     8/12/2023        1,299,284       0.01%
     Boeing  Co.                       $1,300,000       1.43%      4/2/2024       1,298,604       0.01%
     Citigroup,    Inc.                      $1,225,000       3.20%     21/10/2026        1,298,475       0.01%
     Federal   National   Mortgage   Association                $1,249,320       3.00%      1/2/2050       1,296,091       0.01%
     Government    National   Mortgage   Association               $1,239,388       3.00%     20/1/2047        1,295,449       0.01%
     Federal   National   Mortgage   Association                $1,203,804       4.50%     1/12/2048        1,295,267       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,288,548       1.50%      1/4/2036       1,293,658       0.01%
     Goldman   Sachs  Group,   Inc.＾                  $1,300,000       2.91%     21/7/2042        1,292,055       0.01%
     Broadcom,    Inc.                      $1,211,000       3.46%     15/9/2026        1,290,073       0.01%
     General   Motors   Financial   Co.,  Inc.               $1,150,000       5.25%      1/3/2026       1,289,813       0.01%
     Goldman   Sachs  Group,   Inc.                  $1,000,000       4.75%     21/10/2045        1,288,521       0.01%
     Abbott   Laboratories                       $1,225,000       2.95%     15/3/2025        1,287,122       0.01%
     Federal   National   Mortgage   Association                $1,242,259       2.50%      1/6/2036       1,286,251       0.01%
                                196/362


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     Boeing  Co.                       $1,000,000       5.71%      1/5/2040       1,285,005       0.01%
     Amazon.com,     Inc.                     $1,300,000       0.80%      3/6/2025       1,284,785       0.01%
     Costco   Wholesale    Corp.                   $1,325,000       1.75%     20/4/2032        1,283,441       0.01%
     ConocoPhillips                          $970,000      4.88%     1/10/2047        1,280,686       0.01%
     Global  Payments,    Inc.                   $1,230,000       3.20%     15/8/2029        1,280,683       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,234,134       3.00%     1/12/2049        1,279,888       0.01%
     Hewlett   Packard   Enterprise    Co.                $1,250,000       4.40%     15/10/2022        1,278,481       0.01%
     Union  Pacific  Corp.                     $1,087,000       3.84%     20/3/2060        1,278,089       0.01%
     Government    National   Mortgage   Association               $1,206,694       4.50%     20/9/2048        1,277,507       0.01%
     Chubb  Corp.                        $855,000      6.50%     15/5/2038        1,276,780       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,248,469       2.50%      1/3/2051       1,274,990       0.01%
     Enterprise    Products   Operating    LLC               $1,200,000       3.13%     31/7/2029        1,274,718       0.01%
     Government    National   Mortgage   Association               $1,214,764       3.50%     20/2/2049        1,274,429       0.01%
     Southern   Co.                      $1,125,000       4.25%      1/7/2036       1,271,305       0.01%
     Exxon  Mobil  Corp.                     $1,200,000       3.04%      1/3/2026       1,270,914       0.01%
     AT&T,  Inc.                       $1,100,000       4.50%     15/5/2035        1,269,517       0.01%
     Goldman   Sachs  Group,   Inc.＾                  $1,175,000       3.69%      5/6/2028       1,268,131       0.01%
     Federal   National   Mortgage   Association                $1,224,953       2.50%      1/9/2034       1,267,259       0.01%
     Molson   Coors  Beverage   Co.                 $1,050,000       5.00%      1/5/2042       1,266,050       0.01%
     Amgen,   Inc.                       $1,060,000       4.40%      1/5/2045       1,265,034       0.01%
     Altria  Group,   Inc.                     $1,150,000       4.40%     14/2/2026        1,262,887       0.01%
     Metropolitan    Life Global  Funding   I             CA($)1,490,000        3.39%      9/4/2030       1,262,560       0.01%
     Pfizer,  Inc.                       $1,190,000       2.75%      3/6/2026       1,262,193       0.01%
     Federal   National   Mortgage   Association                $1,170,866       4.00%      1/4/2047       1,261,943       0.01%
     Medtronic,    Inc.                      $1,024,000       4.38%     15/3/2035        1,261,082       0.01%
     Schlumberger     Finance   BV                 EUR1,000,000        2.00%      6/5/2032       1,258,739       0.01%
     GS Mortgage   Securities   Trust  2015               $1,180,000       3.76%     10/7/2048        1,258,107       0.01%
     AbbVie,   Inc.                       $1,050,000       4.50%     14/5/2035        1,255,151       0.01%
     CSAIL  2015-C4   Commercial    Mortgage   Trust             $1,175,000       3.81%     15/11/2048        1,255,099       0.01%
     Government    National   Mortgage   Association               $1,195,099       3.50%     20/10/2047        1,254,337       0.01%
     HCA,  Inc.                        $955,000      5.50%     15/6/2047        1,253,342       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,247,384       1.50%      1/7/2036       1,252,330       0.01%
     Oracle  Corp.                       $1,200,000       3.80%     15/11/2037        1,250,355       0.01%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Jefferies   Group  LLC/Jefferies     Group  Capital   Finance,   Inc.       $1,100,000       4.85%     15/1/2027        1,250,214       0.01%
     Government    National   Mortgage   Association              $1,236,873       2.00%     20/9/2050        1,249,372       0.01%
     Federal   National   Mortgage   Association                $1,182,276       3.00%     1/11/2042        1,248,561       0.01%
     Federal   National   Mortgage   Association                $1,200,000       2.13%     24/4/2026        1,244,745       0.01%
     Intel  Corp.                       $1,000,000       4.60%     25/3/2040        1,244,611       0.01%
     AT&T,  Inc.                       $1,163,000       3.95%     15/1/2025        1,244,157       0.01%
     Government    National   Mortgage   Association              $1,164,498       3.50%     15/8/2043        1,243,811       0.01%
     International    Business   Machines   Corp.              $1,025,000       4.25%     15/5/2049        1,243,197       0.01%
     Bank  of America   Corp.＾                   $1,065,000       3.95%     23/1/2049        1,242,512       0.01%
     Federal   National   Mortgage   Association                $1,178,315       3.00%     1/12/2047        1,242,103       0.01%
     Federal   National   Mortgage   Association                $1,163,109       3.50%      1/9/2045        1,241,976       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,259,457       1.50%     1/10/2041        1,240,890       0.01%
     US Treasury   Bond                     $900,000      6.25%     15/5/2030        1,240,734       0.01%
     JPMorgan   Chase  & Co.                   $950,000      4.95%      1/6/2045        1,240,262       0.01%
     Ecolab,   Inc.                      $1,325,000       1.30%     30/1/2031        1,239,605       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,224,748       2.00%      1/5/2041        1,238,775       0.01%
                                197/362


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     JPMorgan   Chase  & Co.                   $1,200,000       3.38%      1/5/2023        1,238,418       0.01%
     Bank  of America   Corp.＾                   $1,000,000       4.33%     15/3/2050        1,237,945       0.01%
     Berkshire   Hathaway,    Inc.                  $1,000,000       4.50%     11/2/2043        1,235,952       0.01%
     Merck  & Co.,  Inc.                    $1,200,000       2.80%     18/5/2023        1,235,703       0.01%
     Goldman   Sachs  Group,   Inc.＾                 $1,080,000       4.02%     31/10/2038        1,235,131       0.01%
     Government    National   Mortgage   Association              $1,167,276       3.00%     20/1/2043        1,234,941       0.01%
     Energy   Transfer   LP                   $1,200,000       4.25%     15/3/2023        1,234,496       0.01%
     Berkshire   Hathaway   Energy   Co.                $1,150,000       3.25%     15/4/2028        1,233,659       0.01%
     Anthem,   Inc.                      $1,200,000       3.30%     15/1/2023        1,232,455       0.01%
     Danaher   Corp.                     EUR1,000,000        2.10%     30/9/2026        1,231,390       0.01%
     Microsoft   Corp.                      $1,075,000       3.50%     12/2/2035        1,231,104       0.01%
     Goldman   Sachs  Group,   Inc.                  $965,000      4.80%      8/7/2044        1,231,096       0.01%
     Digital  Euro  Finco  LLC                  EUR1,000,000        2.50%     16/1/2026        1,228,433       0.01%
     Federal   National   Mortgage   Association                $1,162,286       3.50%      1/7/2033        1,228,269       0.01%
     US Bank  NA                      $1,200,000       2.05%     21/1/2025        1,227,931       0.01%
     Government    National   Mortgage   Association              $1,159,034       3.50%     20/9/2045        1,227,558       0.01%
     Home  Depot,  Inc.                    $1,150,000       2.95%     15/6/2029        1,225,280       0.01%
     MPLX  LP                       $1,000,000       5.20%     1/12/2047        1,224,249       0.01%
     UnitedHealth     Group,   Inc.                  $1,000,000       4.25%     15/4/2047        1,224,051       0.01%
     JPMBB   Commercial    Mortgage   Securities   Trust  2015         $1,152,218       3.80%     15/8/2048        1,222,307       0.01%
     US Treasury   Note                     $1,194,000       1.75%     31/7/2024        1,220,772       0.01%
     Procter   & Gamble   Co.                   $1,250,000       0.55%     29/10/2025        1,220,470       0.01%
     Morgan   Stanley                      $1,150,000       3.88%     29/4/2024        1,220,142       0.01%
     7-Eleven,   Inc.                      $1,260,000       0.95%     10/2/2026        1,219,931       0.01%
     Oracle  Corp.                       $1,200,000       2.50%     15/10/2022        1,217,271       0.01%
     Target  Corp.                       $995,000      4.00%      1/7/2042        1,217,135       0.01%
     AT&T,  Inc.                       $1,079,000       4.35%      1/3/2029        1,214,034       0.01%
     Thermo   Fisher  Scientific   Finance   IBV            EUR1,071,000        0.00%     18/11/2025        1,213,370       0.01%
     Amazon.com,     Inc.                    $1,200,000       2.10%     12/5/2031        1,213,293       0.01%
     Federal   National   Mortgage   Association                $1,114,120       4.00%      1/2/2049        1,211,648       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,153,603       3.00%      1/9/2036        1,210,267       0.01%
     Walt  Disney  Co.                     $1,250,000       2.75%      1/9/2049        1,210,057       0.01%
     Teachers   Insurance   & Annuity   Association    of America           $940,000      4.90%     15/9/2044        1,209,063       0.01%
     Progressive    Corp.                     $1,000,000       3.95%     26/3/2050        1,208,758       0.01%
     International    Business   Machines   Corp.              $1,045,000       4.15%     15/5/2039        1,208,011       0.01%
     Exelon  Corp.                       $1,000,000       4.45%     15/4/2046        1,206,819       0.01%
     Comcast   Corp.                     GBP900,000       1.50%     20/2/2029        1,206,474       0.01%
     MidAmerican     Energy   Co.                  $1,139,000       3.50%     15/10/2024        1,204,104       0.01%
     Verizon   Communications,      Inc.               EUR1,000,000        1.38%     2/11/2028        1,203,450       0.01%
     ViacomCBS,    Inc.                     $1,058,000       4.38%     15/3/2043        1,203,354       0.01%
     Trustees   of Princeton   University                  $1,200,000       2.52%      1/7/2050        1,202,877       0.01%
     Bristol-Myers     Squibb  Co.                  $1,150,000       2.90%     26/7/2024        1,202,210       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,187,969       2.00%      1/2/2041        1,201,268       0.01%
     Time  Warner   Entertainment     Co. LP               $825,000      8.38%     15/7/2033        1,199,675       0.01%
     Burlington    Northern   Santa  Fe LLC               $1,000,000       4.15%      1/4/2045        1,199,124       0.01%
     Wyeth  LLC                       $850,000      5.95%      1/4/2037        1,196,130       0.01%
     Charter   Communications      Operating    LLC/Charter
                              $1,000,000       5.38%      1/5/2047        1,194,339       0.01%
       Communications      Operating    Capital
     Federal   Home  Loan  Mortgage   Corp.               $1,087,865       4.50%     1/10/2048        1,193,523       0.01%
     Discovery    Communications      LLC               EUR1,000,000        1.90%     19/3/2027        1,193,400       0.01%
     Morgan   Stanley                      $1,100,000       4.00%     23/7/2025        1,193,086       0.01%
     Goldman   Sachs  Group,   Inc.＾                 $1,000,000       4.41%     23/4/2039        1,192,624       0.01%
                                198/362

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     HCA,  Inc.                        $925,000      5.25%     15/6/2049        1,192,435       0.01%
     National   Rural  Utilities   Cooperative    Finance   Corp.          $1,221,000       1.00%     15/6/2026        1,192,204       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,150,887       2.50%      1/8/2035        1,191,059       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   Home  Loan  Mortgage   Corp.                $1,136,428       3.00%     1/9/2037       1,190,333       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,207,548       1.50%     1/3/2041       1,189,746       0.01%
     Oracle  Corp.                       $1,160,000       2.50%     1/4/2025       1,188,187       0.01%
     General   Motors   Financial   Co.,  Inc.               $1,150,000       2.75%     20/6/2025        1,187,483       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,095,000       3.24%     25/4/2027        1,187,277       0.01%
     Citigroup,    Inc.＾                     EUR1,000,000        1.50%     24/7/2026        1,186,051       0.01%
     O'Reilly   Automotive,    Inc.                  $1,250,000       1.75%     15/3/2031        1,185,997       0.01%
     Cigna  Corp.                        $1,175,000       2.40%     15/3/2030        1,183,104       0.01%
     Wells  Fargo  & Co.＾                     $1,100,000       3.58%     22/5/2028        1,182,872       0.01%
     AT&T,  Inc.                        $955,000      5.25%     1/3/2037       1,181,435       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,101,053       3.50%     1/4/2050       1,181,292       0.01%
     Federal   National   Mortgage   Association                 $1,220,691       1.50%     1/5/2051       1,181,024       0.01%
     Walmart,   Inc.                      $1,125,000       3.30%     22/4/2024        1,180,204       0.01%
     AT&T,  Inc.                       $1,169,000       3.65%     15/9/2059        1,180,033       0.01%
     Toyota   Motor  Credit  Corp.                  GBP900,000       0.75%     19/11/2026        1,179,755       0.01%
     Government    National   Mortgage   Association               $1,131,255       3.50%     20/2/2050        1,179,374       0.01%
     Discovery    Communications      LLC                 $1,000,000       4.65%     15/5/2050        1,176,718       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,163,033       2.00%     1/3/2041       1,176,352       0.01%
     NBCUniversal     Media  LLC                   $975,000      4.45%     15/1/2043        1,174,880       0.01%
     Berry  Global,   Inc.                     $1,200,000       1.57%     15/1/2026        1,174,502       0.01%
     ConocoPhillips     Co.                     $975,000      4.30%     15/11/2044        1,174,216       0.01%
     Comcast   Corp.                       $1,013,000       4.00%     1/11/2049        1,173,880       0.01%
     Johnson   & Johnson                      $1,025,000       3.55%     1/3/2036       1,171,989       0.01%
     Halliburton    Co.                      $990,000      4.85%     15/11/2035        1,171,166       0.01%
     Federal   National   Mortgage   Association                 $1,112,659       3.50%     1/4/2050       1,170,896       0.01%
     Goldman   Sachs  Group,   Inc.＾                  $1,075,000       3.81%     23/4/2029        1,170,044       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,156,522       2.00%     1/10/2041        1,169,766       0.01%
     Abbott   Laboratories                       $1,200,000       1.15%     30/1/2028        1,166,667       0.01%
     Government    National   Mortgage   Association               $1,114,218       3.00%     20/3/2046        1,164,617       0.01%
     Federal   National   Mortgage   Association                 $1,086,656       4.00%     1/9/2047       1,163,363       0.01%
     Walt  Disney  Co.                    CA($)1,415,000        3.06%     30/3/2027        1,163,228       0.01%
     Walt  Disney  Co.                     $1,000,000       3.80%     13/5/2060        1,161,508       0.01%
     Federal   National   Mortgage   Association                 $1,177,728       1.50%     1/7/2041       1,160,344       0.01%
     NIKE,  Inc.                       $1,025,000       3.38%     27/3/2050        1,160,055       0.01%
     Eversource    Energy                      $1,105,000       3.80%     1/12/2023        1,159,715       0.01%
     Home  Depot,  Inc.                     $1,123,000       2.13%     15/9/2026        1,159,302       0.01%
     Raymond   James  Financial,   Inc.                 $1,000,000       4.65%     1/4/2030       1,158,755       0.01%
     Pfizer,  Inc.                       $1,050,000       3.45%     15/3/2029        1,157,936       0.01%
     Teachers   Insurance   & Annuity   Association    of America           $955,000      4.27%     15/5/2047        1,157,728       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,097,898       3.00%     1/1/2043       1,157,211       0.01%
     Texas  Instruments,    Inc.                    $980,000      3.88%     15/3/2039        1,156,936       0.01%
     Federal   National   Mortgage   Association                 $1,081,429       3.50%     1/1/2049       1,156,334       0.01%
     Government    National   Mortgage   Association               $1,090,872       3.50%     20/7/2045        1,155,366       0.01%
     PPL  Capital   Funding,   Inc.                  $1,100,000       3.10%     15/5/2026        1,153,737       0.01%
     Verizon   Communications,      Inc.                 $1,150,000       2.10%     22/3/2028        1,153,512       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,099,537       3.00%     1/11/2030        1,153,389       0.01%
                                199/362


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     Federal   National   Mortgage   Association                 $1,077,159       4.00%     1/4/2048       1,153,195       0.01%
     Truist  Bank                       $1,100,000       3.20%     1/4/2024       1,151,628       0.01%
     Morgan   Stanley＾                      EUR1,000,000        0.64%     26/7/2024        1,150,339       0.01%
     Eli Lilly  & Co.                      $1,250,000       2.25%     15/5/2050        1,150,209       0.01%
     General   Motors   Financial   Co.,  Inc.              EUR1,000,000        0.85%     26/2/2026        1,149,538       0.01%
     Wells  Fargo  & Co.                    EUR1,000,000        0.50%     26/4/2024        1,149,389       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,136,049       2.00%     1/12/2040        1,148,766       0.01%
     US Treasury   Bond                      $954,000      7.63%     15/2/2025        1,148,452       0.01%
     Verizon   Communications,      Inc.                 $1,164,000       2.36%     15/3/2032        1,148,045       0.01%
     Home  Depot,  Inc.                     $1,050,000       3.35%     15/4/2050        1,147,890       0.01%
     Citigroup,    Inc.＾                      $1,070,000       3.52%     27/10/2028        1,147,348       0.01%
     Hershey   Co.                       $1,103,000       2.45%     15/11/2029        1,146,780       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $1,122,548       2.50%     1/4/2051       1,146,654       0.01%
     ERAC  USA  Finance   LLC                    $945,000      4.50%     15/2/2045        1,146,055       0.01%
     Federal   National   Mortgage   Association                 $1,132,972       2.00%     1/9/2041       1,145,702       0.01%
     Wells  Fargo  Commercial    Mortgage   Trust  2015            $1,085,417       3.79%     15/9/2048        1,144,615       0.01%
     Abbott   Ireland  Financing   DAC                EUR1,000,000        0.38%     19/11/2027        1,144,571       0.01%
     STERIS   Irish  FinCo  UnLtd  Co.                 $1,050,000       3.75%     15/3/2051        1,144,383       0.01%
     Federal   National   Mortgage   Association                 $1,086,789       3.00%     1/5/2043       1,144,213       0.01%
     Digital  Dutch  Finco  BV                  EUR1,000,000        1.25%     1/2/2031       1,143,891       0.01%
     Altria  Group,   Inc.                      $950,000      5.80%     14/2/2039        1,143,671       0.01%
     Hess  Corp.                        $925,000      5.60%     15/2/2041        1,142,287       0.01%
     Exxon  Mobil  Corp.                    EUR1,000,000        0.14%     26/6/2024        1,141,605       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,150,000       1.34%     25/9/2027        1,140,066       0.01%
     Lowe's   Cos,  Inc.                     $1,200,000       1.70%     15/10/2030        1,140,010       0.01%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Citigroup,    Inc.＾                     $1,050,000       3.89%     10/1/2028        1,138,517       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,022,994       5.00%      1/3/2049        1,138,485       0.01%
     Government    National   Mortgage   Association              $1,097,533       3.00%     20/1/2050        1,138,271       0.01%
     Exxon  Mobil  Corp.                   EUR1,000,000        0.52%     26/6/2028        1,137,479       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,095,549       3.00%      1/1/2050        1,136,165       0.01%
     Berkshire   Hathaway   Finance   Corp.               $800,000      5.75%     15/1/2040        1,135,524       0.01%
     Pacific  Gas  & Electric   Co.                 $1,035,000       4.95%      1/7/2050        1,133,721       0.01%
     Eaton  Capital   Unlimited   Co.               EUR1,000,000        0.13%      8/3/2026        1,131,707       0.01%
     Wells  Fargo  & Co.                   $1,100,000       3.45%     13/2/2023        1,131,270       0.01%
     Goldman   Sachs  Group,   Inc.                EUR990,000       0.88%     21/1/2030        1,130,143       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,054,978       3.50%     1/12/2044        1,129,041       0.01%
     Athene   Global  Funding                  EUR1,000,000        0.37%     10/9/2026        1,127,719       0.01%
     Federal   National   Mortgage   Association               $1,077,977       3.00%     1/10/2026        1,127,166       0.01%
     ONEOK,   Inc.                     $1,020,000       4.45%      1/9/2049        1,127,054       0.01%
     McDonald's    Corp.                    $1,025,000       3.80%      1/4/2028        1,126,590       0.01%
     Broadcom,    Inc.                     $1,000,000       4.30%     15/11/2032         1,126,236       0.01%
     Berkshire   Hathaway   Energy   Co.                $825,000      6.13%      1/4/2036        1,125,895       0.01%
     Xcel  Energy,   Inc.                    $1,100,000       2.60%     1/12/2029        1,123,887       0.01%
     Walt  Disney  Co.                    $1,000,000       3.80%     22/3/2030        1,123,885       0.01%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.         $1,080,000       3.55%     15/12/2029         1,123,169       0.01%
     Federal   National   Mortgage   Association                $975,000      3.61%     25/2/2031        1,122,053       0.01%
     American   Tower  Corp.                  EUR1,000,000        0.95%     5/10/2030        1,121,928       0.01%
     Stellantis   NV                    EUR1,000,000        0.75%     18/1/2029        1,121,927       0.01%
     Mondelez   International    Holdings   Netherlands    BV         $1,150,000       1.25%     24/9/2026        1,121,284       0.01%
                                200/362


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     Benchmark    2018-B7   Mortgage   Trust＾               $975,000      4.51%     15/5/2053        1,120,639       0.01%
     Comerica,    Inc.                     $1,000,000       4.00%      1/2/2029        1,118,470       0.01%
     Wells  Fargo  & Co.＾                   $1,100,000       2.39%      2/6/2028        1,118,239       0.01%
     Simon  International    Finance   SCA              EUR1,000,000        1.13%     19/3/2033        1,118,144       0.01%
     Comcast   Corp.                    EUR1,000,000        1.25%     20/2/2040        1,117,991       0.01%
     Government    National   Mortgage   Association              $1,071,135       3.50%     20/9/2049        1,117,630       0.01%
     Morgan   Stanley＾                     EUR1,000,000        0.50%     26/10/2029         1,116,697       0.01%
     Federal   National   Mortgage   Association               $1,013,331       4.50%      1/4/2041        1,116,235       0.01%
     Weyerhaeuser     Co.                   $1,000,000       4.00%     15/11/2029         1,115,627       0.01%
     Equitable   Holdings,   Inc.                  $995,000      4.35%     20/4/2028        1,114,717       0.01%
     Walt  Disney  Co.                     $985,000      3.60%     13/1/2051        1,114,505       0.01%
     Athene   Global  Funding                  CA($)1,410,000         2.10%     24/9/2025        1,113,791       0.01%
     Oracle  Corp.                       $844,000      6.13%      8/7/2039        1,112,754       0.01%
     Oracle  Corp.                      $1,070,000       4.00%     15/7/2046        1,112,571       0.01%
     Federal   National   Mortgage   Association               $1,072,327       2.50%      1/8/2036        1,111,625       0.01%
     Comcast   Corp.                     $1,055,000       3.40%     15/7/2046        1,111,619       0.01%
     Caterpillar,    Inc.                     $950,000      3.80%     15/8/2042        1,111,506       0.01%
     Constellation     Brands,   Inc.                 $1,025,000       3.70%     6/12/2026        1,111,293       0.01%
     Wells  Fargo  & Co.                  EUR1,000,000        0.63%     14/8/2030        1,111,178       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,083,369       2.00%      1/9/2036        1,110,663       0.01%
     Federal   National   Mortgage   Association               $1,037,043       4.00%     1/12/2047        1,110,248       0.01%
     Tyson  Foods,  Inc.                    $825,000      5.10%     28/9/2048        1,109,799       0.01%
     Franklin   Resources,    Inc.                  $1,175,000       1.60%     30/10/2030         1,109,096       0.01%
     Broadcom,    Inc.                     $1,000,000       4.15%     15/11/2030         1,109,001       0.01%
     Federal   National   Mortgage   Association               $1,081,716       2.00%      1/9/2036        1,108,973       0.01%
     Federal   National   Mortgage   Association               $1,068,325       3.00%      1/8/2051        1,108,173       0.01%
     Government    National   Mortgage   Association              $1,046,174       3.50%     20/1/2046        1,108,025       0.01%
     Federal   Home  Loan  Banks                  $1,000,000       3.25%      9/6/2028        1,105,503       0.01%
     Caterpillar,    Inc.                    $1,000,000       3.25%      9/4/2050        1,105,218       0.01%
     Illinois  Tool  Works,   Inc.                  $1,050,000       2.65%     15/11/2026         1,104,108       0.01%
     Benchmark    2018-B6   Mortgage   Trust              $1,000,000       4.00%     10/10/2051         1,103,359       0.01%
     GS Mortgage   Securities   Trust  2017              $1,025,000       3.43%     10/5/2050        1,101,978       0.01%
     Goldman   Sachs  Group,   Inc.                 $1,000,000       3.80%     15/3/2030        1,099,806       0.01%
     Goldman   Sachs  Group,   Inc.               EUR1,000,000        0.75%     23/3/2032        1,099,436       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,060,199       2.50%      1/4/2027        1,098,625       0.01%
     Federal   National   Mortgage   Association               $1,071,478       2.00%      1/8/2035        1,098,343       0.01%
     GLP  Capital   LP/GLP   Financing   II, Inc.             $950,000      5.75%      1/6/2028        1,098,132       0.01%
     Visa,  Inc.                      $1,075,000       2.70%     15/4/2040        1,097,561       0.01%
     Air Lease  Corp.                     $1,050,000       3.38%      1/7/2025        1,097,516       0.01%
     JPMorgan   Chase  & Co.                 EUR1,000,000        0.60%     17/2/2033        1,096,963       0.01%
     Mississippi    Power  Co.                  $1,000,000       3.95%     30/3/2028        1,096,839       0.01%
     Apple,  Inc.                      $1,025,000       3.25%     23/2/2026        1,096,715       0.01%
     Walt  Disney  Co.                    $1,000,000       3.50%     13/5/2040        1,096,127       0.01%
     Federal   National   Mortgage   Association               $1,068,117       2.00%     1/12/2036        1,095,031       0.01%
     Federal   National   Mortgage   Association               $1,040,743       3.00%      1/2/2047        1,094,734       0.01%
     Ally  Financial,   Inc.                   $1,100,000       2.20%     2/11/2028        1,093,127       0.01%
     Federal   Home  Loan  Mortgage   Corp.              $1,100,000       0.25%     24/8/2023        1,092,834       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     CVS  Health  Corp.                      $971,000      4.30%     25/3/2028        1,090,382       0.01%
     Amazon.com,     Inc.                     $850,000      4.25%     22/8/2057        1,090,244       0.01%
                                201/362


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     President   & Fellows   of Harvard   College                $800,000      4.88%     15/10/2040        1,089,971       0.01%
     Wells  Fargo  Commercial    Mortgage   Trust  2017            $1,011,000       3.45%     15/7/2050        1,089,767       0.01%
     US Bank  NA                      $1,044,000       2.80%     27/1/2025        1,089,705       0.01%
     Amazon.com,     Inc.                     $1,100,000       0.45%     12/5/2024        1,089,036       0.01%
     Burlington    Northern   Santa  Fe LLC               $1,000,000       3.30%     15/9/2051        1,088,796       0.01%
     Verizon   Communications,      Inc.                 $1,150,000       3.00%     20/11/2060        1,088,559       0.01%
     Bank  of America   Corp.＾                    $1,100,000       1.32%     19/6/2026        1,088,552       0.01%
     Federal   National   Mortgage   Association                $1,052,012       2.50%     1/11/2035        1,088,483       0.01%
     Bunge  Ltd.  Finance   Corp.                   $1,000,000       3.75%     25/9/2027        1,088,380       0.01%
     Caterpillar    Financial   Services   Corp.                $1,050,000       3.45%     15/5/2023        1,088,342       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,049,762       3.00%      1/4/2050       1,087,927       0.01%
     Prologis   LP                       $1,250,000       2.13%     15/10/2050        1,085,572       0.01%
     Pacific  Gas  & Electric   Co.                  $1,000,000       4.55%      1/7/2030       1,084,658       0.01%
     Morgan   Stanley＾                       $725,000      5.60%     24/3/2051        1,082,563       0.01%
     Prologis   Euro  Finance   LLC                 EUR1,000,000        0.50%     16/2/2032        1,082,354       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,042,963       2.50%     1/12/2030        1,081,394       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,000,000       3.22%     25/3/2027        1,081,260       0.01%
     McKesson    Corp                     EUR900,000       1.63%     30/10/2026        1,081,130       0.01%
     General   Motors   Co.                     $800,000      6.60%      1/4/2036       1,080,248       0.01%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2017        $1,000,000       3.60%     15/5/2050        1,080,046       0.01%
     Medtronic    Global  Holdings   SCA                EUR910,000       1.13%      7/3/2027       1,079,212       0.01%
     Raytheon   Technologies     Corp.                  $895,000      4.45%     16/11/2038        1,077,967       0.01%
     Starbucks   Corp.                      $1,000,000       3.50%     15/11/2050        1,077,875       0.01%
     Keurig  Dr Pepper,   Inc.                   $1,085,000       0.75%     15/3/2024        1,077,501       0.01%
     Federal   National   Mortgage   Association                $1,029,171       3.00%     1/12/2046        1,077,488       0.01%
     Morgan   Stanley   Capital   ITrust  2017               $1,000,000       3.53%     15/6/2050        1,077,205       0.01%
     Tennessee    Valley    Authority                   $1,100,000       1.50%     15/9/2031        1,077,120       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,036,040       3.00%     1/11/2051        1,076,384       0.01%
     PepsiCo,   Inc.                      $1,050,000       2.75%      1/3/2023       1,075,718       0.01%
     Wells  Fargo  Commercial    Mortgage   Trust  2015            $1,000,000       3.81%     15/12/2048        1,075,156       0.01%
     General   Motors   Co.                     $785,000      6.25%     2/10/2043        1,073,699       0.01%
     UBS  Commercial    Mortgage   Trust  2017              $1,000,000       3.46%     15/6/2050        1,072,030       0.01%
     Tennessee    Valley    Authority                   $1,000,000       2.88%      1/2/2027       1,070,945       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,029,039       3.00%      1/1/2052       1,070,224       0.01%
     Northrop   Grumman   Corp.                   $1,000,000       3.25%     15/1/2028        1,069,271       0.01%
     Progress   Energy,   Inc.                    $775,000      6.00%     1/12/2039        1,067,878       0.01%
     CSAIL  2017-C8   Commercial    Mortgage   Trust             $1,000,000       3.39%     15/6/2050        1,066,684       0.01%
     Exelon  Corp.                       $1,000,000       3.40%     15/4/2026        1,066,401       0.01%
     Gilead  Sciences,   Inc.                    $1,015,000       3.70%      1/4/2024       1,066,334       0.01%
     Apple,  Inc.                       $1,085,000       2.65%     11/5/2050        1,065,791       0.01%
     Royalty   Pharma   plc                    $1,100,000       2.20%      2/9/2030       1,065,285       0.01%
     Cheniere   Corpus   Christi  Holdings   LLC               $995,000      3.70%     15/11/2029        1,064,827       0.01%
     Intel  Corp.                        $1,000,000       3.40%     25/3/2025        1,064,582       0.01%
     JPMorgan   Chase  & Co.                   $1,000,000       3.88%     10/9/2024        1,064,236       0.01%
     CSX  Corp.                        $1,000,000       3.35%     15/9/2049        1,063,802       0.01%
     Fox Corp.                         $780,000      5.58%     25/1/2049        1,063,670       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,027,857       2.50%      1/9/2035       1,063,416       0.01%
     BP Capital   Markets   America,   Inc.                $1,050,000       3.06%     17/6/2041        1,061,779       0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,023,722       2.50%      1/8/2031       1,061,571       0.01%
     Charter   Communications      Operating    LLC/Charter
                               $850,000      5.75%      1/4/2048       1,061,360       0.01%
       Communications      Operating    Capital
     ERAC  USA  Finance   LLC                   $1,000,000       3.85%     15/11/2024        1,061,082       0.01%
                                202/362

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     Prudential    Financial,   Inc.                   $850,000      4.60%     15/5/2044        1,060,892       0.01%
     Procter   & Gamble   Co.                   $1,000,000       2.80%     25/3/2027        1,060,672       0.01%
     Federal   National   Mortgage   Association                 $989,637      4.50%     1/11/2048        1,059,328       0.01%
     Duke  Energy   Florida   LLC                  $1,035,000       2.50%     1/12/2029        1,059,320       0.01%
     Federal   National   Mortgage   Association                $1,011,203       3.00%      1/9/2037       1,058,781       0.01%
     AT&T,  Inc.                        $875,000      4.75%     15/5/2046        1,057,736       0.01%
     AbbVie,   Inc.                       $900,000      4.30%     14/5/2036        1,057,719       0.01%
     Apple,  Inc.                       $1,000,000       3.45%      6/5/2024       1,057,704       0.01%
     AbbVie,   Inc.                       $875,000      4.45%     14/5/2046        1,057,274       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,000,000       2.54%     25/10/2029        1,057,238       0.01%
     GS Mortgage   Securities   Trust  2014               $1,000,000       3.93%     10/9/2047        1,056,882       0.01%
     Walmart,   Inc.                       $985,000      2.95%     24/9/2049        1,056,808       0.01%
     Principal   Financial   Group,   Inc.                 $1,000,000       3.10%     15/11/2026        1,056,651       0.01%
     JPMorgan   Chase  & Co.                   $1,000,000       2.95%     1/10/2026        1,056,179       0.01%
     Spectra   Energy   Partners   LP                 $1,000,000       3.50%     15/3/2025        1,054,290       0.01%
     Amazon.com,     Inc.                     $975,000      3.15%     22/8/2027        1,053,851       0.01%
     CSX  Corp.                        $1,000,000       3.40%      1/8/2024       1,052,647       0.01%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Baxter  International,     Inc.                   $1,100,000       1.73%      1/4/2031       1,051,802       0.01%
     Discover   Financial   Services                    $992,000      3.75%      4/3/2025       1,050,439       0.01%
     Federal   National   Mortgage   Association＾                 $1,100,000       1.25%     25/1/2031        1,048,949       0.01%
     Goldman   Sachs  Group,   Inc.                  $1,000,000       3.63%     20/2/2024        1,048,890       0.01%
     Medtronic    Global  Holdings   SCA                EUR900,000       1.75%      2/7/2049       1,048,699       0.01%
     Wells  Fargo  Commercial    Mortgage   Trust  2014            $1,000,000       3.82%     15/8/2050        1,048,367       0.01%
     Federal   National   Mortgage   Association                 $1,000,000       2.47%     25/8/2029        1,047,712       0.01%
     Molson   Coors  Beverage   Co.                 EUR900,000       1.25%     15/7/2024        1,047,561       0.01%
     Government    National   Mortgage   Association               $1,007,614       3.00%     20/3/2050        1,047,381       0.01%
     Oncor  Electric   Delivery   Co. LLC                $1,000,000       3.10%     15/9/2049        1,047,172       0.01%
     Bristol-Myers     Squibb  Co.                  $1,025,000       2.75%     15/2/2023        1,046,817       0.01%
     Sabra  Health  Care  LP                   $1,000,000       3.90%     15/10/2029        1,044,961       0.01%
     Verizon   Communications,      Inc.                 $1,100,000       2.88%     20/11/2050        1,044,825       0.01%
     Citigroup,    Inc.＾                      $1,000,000       3.35%     24/4/2025        1,044,604       0.01%
     Discover   Bank                       $986,000      3.45%     27/7/2026        1,044,504       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾         $1,000,000       3.16%     25/5/2025        1,043,916       0.01%
     Keurig  Dr Pepper,   Inc.                    $875,000      4.50%     15/11/2045        1,042,224       0.01%
     Apple,  Inc.                       $1,000,000       3.00%      9/2/2024       1,041,855       0.01%
     Berkshire   Hathaway   Finance   Corp.                 $850,000      4.40%     15/5/2042        1,041,529       0.01%
     Voya  Financial,   Inc.                     $760,000      5.70%     15/7/2043        1,040,841       0.01%
     Constellation     Brands,   Inc.                  $1,015,000       2.88%      1/5/2030       1,040,515       0.01%
     JPMorgan   Chase  & Co.＾                   $1,000,000       3.22%      1/3/2025       1,040,285       0.01%
     PNC  Financial   Services   Group,   Inc.                $991,000      2.60%     23/7/2026        1,039,096       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $952,505      4.00%      1/1/2047       1,038,759       0.01%
     PepsiCo,   Inc.                      EUR917,000       0.75%     14/10/2033        1,037,789       0.01%
     Albemarle    Corp.                       $968,000      4.15%     1/12/2024        1,037,056       0.01%
     Federal   National   Mortgage   Association                 $951,136      4.00%      1/2/2041       1,036,513       0.01%
     Tennessee    Valley    Authority                   $1,050,000       0.75%     15/5/2025        1,035,809       0.01%
     Southern   California   Edison  Co.                 $800,000      6.00%     15/1/2034        1,035,689       0.01%
     Citigroup   Commercial    Mortgage   Trust  2015             $980,062      3.52%     10/9/2058        1,035,243       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $947,813      4.50%      1/8/2048       1,034,225       0.01%
     Government    National   Mortgage   Association                $977,518      3.00%     20/12/2042        1,034,183       0.01%
                                203/362


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     Crown  Castle  International    Corp.                 $950,000      3.80%     15/2/2028        1,032,599       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $973,992      3.50%     1/11/2047        1,032,409       0.01%
     Oklahoma    Gas & Electric   Co.                  $900,000      3.85%     15/8/2047        1,032,250       0.01%
     Federal   Home  Loan  Mortgage   Corp.                $982,127      3.00%      1/7/2035       1,031,798       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,000,000       3.00%     25/1/2024        1,031,562       0.01%
     Southern   California   Edison  Co.                 $965,000      3.65%      1/2/2050       1,031,287       0.01%
     Johnson   & Johnson                      $1,105,000       2.25%      1/9/2050       1,030,575       0.01%
     Boeing  Co.                       $1,023,000       2.25%     15/6/2026        1,028,770       0.01%
     Federal   National   Mortgage   Association                 $999,387      2.50%      1/7/2049       1,028,161       0.01%
     Philip  Morris  International,     Inc.                 $900,000      4.25%     10/11/2044        1,027,390       0.01%
     ONEOK   Partners   LP                    $975,000      5.00%     15/9/2023        1,027,341       0.01%
     Government    National   Mortgage   Association                $951,910      4.00%     20/4/2046        1,026,834       0.01%
     Bristol-Myers     Squibb  Co.                  $1,000,000       3.25%     20/2/2023        1,026,788       0.01%
     Union  Pacific  Corp.                      $974,000      3.25%     15/1/2025        1,026,465       0.01%
     Wells  Fargo  & Co.                     $825,000      4.75%     7/12/2046        1,026,154       0.01%
     Athene   Holding   Ltd.                     $829,000      6.15%      3/4/2030       1,025,555       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $900,000      3.92%     25/9/2028        1,025,246       0.01%
     New  York  Life Global  Funding                   $990,000      2.35%     14/7/2026        1,025,044       0.01%
     Apple,  Inc.                        $950,000      3.20%     11/5/2027        1,024,913       0.01%
     Thermo   Fisher  Scientific,   Inc.                 EUR900,000       0.13%      1/3/2025       1,024,718       0.01%
     Pfizer,  Inc.                        $875,000      3.90%     15/3/2039        1,023,613       0.01%
     Coterra   Energy,   Inc.                     $950,000      3.90%     15/5/2027        1,023,401       0.01%
     Duke  Energy   Carolinas   LLC                  $1,000,000       2.45%     15/8/2029        1,022,840       0.01%
     Marathon   Petroleum    Corp.                   $950,000      3.80%      1/4/2028       1,022,709       0.01%
     Welltower,    Inc.                      $1,000,000       2.80%      1/6/2031       1,022,343       0.01%
     KKR  Group  Finance   Co. X LLC                 $1,025,000       3.25%     15/12/2051        1,022,134       0.01%
     Quanta   Services,   Inc.                    $1,000,000       2.90%     1/10/2030        1,021,771       0.01%
     Fifth  Third  Bank  NA                     $946,000      3.85%     15/3/2026        1,021,551       0.01%
     Abbott   Laboratories                        $800,000      4.75%     30/11/2036        1,021,348       0.01%
     Federal   National   Mortgage   Association                 $955,448      3.50%      1/2/2046       1,020,234       0.01%
     AT&T,  Inc.                       $1,000,000       2.75%      1/6/2031       1,019,754       0.01%
     Halliburton    Co.                      $845,000      5.00%     15/11/2045        1,019,072       0.01%
     Carrier   Global  Corp.                     $1,000,000       2.70%     15/2/2031        1,017,341       0.01%
     Duke  Energy   Progress   LLC                   $850,000      4.20%     15/8/2045        1,017,094       0.01%
     Dominion   Energy,   Inc.                   $1,000,000       2.45%     15/1/2023        1,016,818       0.01%
     Coca-Cola    Co.                      $1,000,000       2.25%      5/1/2032       1,015,898       0.01%
     Steel  Dynamics,    Inc.                     $950,000      3.45%     15/4/2030        1,015,016       0.01%
     Comerica,    Inc.                       $975,000      3.70%     31/7/2023        1,014,632       0.01%
     Xilinx,  Inc.                       $1,000,000       2.38%      1/6/2030       1,013,077       0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Government    National   Mortgage   Association                $959,816      3.50%     20/3/2046        1,012,820       0.01%
     Oracle  Corp.                       $1,000,000       3.65%     25/3/2041        1,012,510       0.01%
     AT&T,  Inc.                        $841,000      4.90%     15/8/2037        1,012,034       0.01%
     Enterprise    Products   Operating    LLC                $970,000      2.80%     31/1/2030        1,011,639       0.01%
     UBS-Barclays     Commercial    Mortgage   Trust  2012           $1,000,000       2.85%     10/12/2045        1,011,540       0.01%
     Government    National   Mortgage   Association                $967,367      3.00%     20/10/2046        1,011,124       0.01%
     Federal   National   Mortgage   Association                 $986,361      2.00%      1/9/2035       1,011,092       0.01%
     Bunge  Finance   Europe   BV                 EUR870,000       1.85%     16/6/2023        1,010,995       0.01%
     NVIDIA   Corp.                       $900,000      3.50%      1/4/2040       1,010,212       0.01%
     Verizon   Communications,      Inc.                 $1,000,000       2.55%     21/3/2031        1,010,166       0.01%
                                204/362


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     Omnicom   Group,   Inc./Omnicom     Capital,   Inc.            $940,000      3.60%     15/4/2026        1,009,999       0.01%
     Coca-Cola    Co.                     EUR900,000       0.40%      6/5/2030       1,009,765       0.01%
     Bank  of America   Corp.                    $750,000      6.11%     29/1/2037        1,009,501       0.01%
     Government    National   Mortgage   Association                $961,683      3.50%     20/11/2047        1,009,351       0.01%
     Citigroup,    Inc.＾                      $1,000,000       2.57%      3/6/2031       1,008,265       0.01%
     Benchmark    2018-B4   Mortgage   Trust＾                $900,000      4.12%     15/7/2051        1,007,540       0.01%
     Government    National   Mortgage   Association                $925,738      4.00%     20/10/2043        1,006,746       0.01%
     Goldman   Sachs  Group,   Inc.＾                  $1,000,000       2.65%     21/10/2032        1,006,629       0.01%
     Hewlett   Packard   Enterprise    Co.                $1,000,000       1.45%      1/4/2024       1,006,021       0.01%
     FedEx  Corp.                        $750,000      5.25%     15/5/2050        1,005,077       0.01%
     Oracle  Corp.                       $1,000,000       2.88%     25/3/2031        1,005,009       0.01%
     Merck  & Co.,  Inc.                     $1,000,000       1.90%     10/12/2028        1,004,356       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,000,000       1.55%     25/1/2027        1,003,990       0.01%
     Merck  & Co.,  Inc.                     $1,000,000       2.15%     10/12/2031        1,003,005       0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,000,000       1.66%     25/8/2028        1,002,928       0.01%
     Discovery    Communications      LLC                 $955,000      3.80%     13/3/2024        1,002,556       0.01%
     JPMorgan   Chase  & Co.＾                   $1,000,000       1.56%     10/12/2025        1,001,785       0.01%
     Federal   National   Mortgage   Association                 $935,616      4.00%      1/7/2047       1,001,661       0.01%
     Hyatt  Hotels  Corp.                     $1,000,000       1.80%     1/10/2024        1,001,205       0.01%
     US Treasury   Note                     $1,000,000       1.00%     15/12/2024        1,001,094       0.01%
     Brixmor   Operating    Partnership    LP                $946,000      3.85%      1/2/2025       1,000,931       0.01%
     Oracle  Corp.                        $995,000      3.60%      1/4/2040       1,000,212       0.01%
     Hewlett   Packard   Enterprise    Co.                $1,000,000       1.75%      1/4/2026       1,000,145       0.01%
     Thermo   Fisher  Scientific,   Inc.                 $1,000,000       1.22%     18/10/2024         999,237      0.01%
     Morgan   Stanley＾                       $1,000,000       2.51%     20/10/2032         999,031      0.01%
     IHS Markit  Ltd.                      $975,000      5.00%     1/11/2022         998,486      0.01%
     Nasdaq,   Inc.                       $1,000,000       0.45%     21/12/2022         998,382      0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,000,000       0.38%     20/4/2023         998,017      0.01%
     McDonald's    Corp.                      $775,000      4.88%     9/12/2045         998,012      0.01%
     Oracle  Corp.                        $940,000      4.13%     15/5/2045         997,731      0.01%
     Thermo   Fisher  Scientific,   Inc.                 $1,000,000       0.80%     18/10/2023         996,772      0.01%
     Federal   National   Mortgage   Association                 $931,065      4.50%      1/6/2048        996,632      0.01%
     Federal   National   Mortgage   Association                 $928,899      3.50%      1/7/2043        996,352      0.01%
     Enterprise    Products   Operating    LLC＾                $990,000      5.38%     15/2/2078         996,296      0.01%
     Toyota   Motor  Credit  Corp.                  $1,000,000       0.50%     14/8/2023         996,296      0.01%
     KeyBank   NA＾                      $1,000,000       0.42%      3/1/2024        996,269      0.01%
     Thermo   Fisher  Scientific   Finance   IBV             EUR863,000       1.13%     18/10/2033         996,152      0.01%
     T-Mobile   USA,  Inc.                    $1,000,000       2.55%     15/2/2031         995,338      0.01%
     Tennessee    Valley    Authority                    $700,000      7.13%      1/5/2030        995,076      0.01%
     Merck  & Co.,  Inc.                     $1,000,000       2.75%     10/12/2051         994,977      0.01%
     CVS  Health  Corp.                     $1,025,000       1.30%     21/8/2027         994,863      0.01%
     Federal   National   Mortgage   Association                $1,000,000       0.25%     10/7/2023         994,715      0.01%
     Federal   National   Mortgage   Association                 $931,392      3.50%      1/8/2045        994,547      0.01%
     Athene   Global  Funding                    $1,000,000       0.95%      8/1/2024        993,997      0.01%
     Federal   Farm  Credit  Banks  Funding   Corp.             $1,000,000       0.13%     10/5/2023         993,819      0.01%
     Royalty   Pharma   plc                    $1,000,000       0.75%      2/9/2023        993,570      0.01%
     John  Deere  Financial,   Inc.                CA($)1,305,000        1.34%      8/9/2027        993,563      0.01%
     Government    National   Mortgage   Association                $955,067      3.00%     20/3/2051         993,270      0.01%
     Citigroup,    Inc.＾                      $1,000,000       0.98%      1/5/2025        992,821      0.01%
     Home  Depot,  Inc.                     $1,000,000       2.75%     15/9/2051         992,714      0.01%
     Federal   National   Mortgage   Association                 $927,206      4.00%      1/1/2048        992,657      0.01%
     Berkshire   Hathaway   Finance   Corp.                $1,000,000       1.85%     12/3/2030         992,242      0.01%
                                205/362

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     Bank  of America   Corp.＾                    $1,000,000       0.98%     22/4/2025         991,946      0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,000,000       0.25%     6/11/2023         991,338      0.01%
     Morgan   Stanley＾                       $1,000,000       1.16%     21/10/2025         991,258      0.01%
     UnitedHealth     Group,   Inc.                   $800,000      4.25%     15/6/2048         990,607      0.01%
     Nestle  Holdings,   Inc.                    $1,000,000       2.63%     14/9/2051         990,380      0.01%
     Hasbro,   Inc.                       $950,000      3.00%     19/11/2024         990,267      0.01%
     Federal   Home  Loan  Mortgage   Corp.               $1,000,000       0.13%     16/10/2023         990,233      0.01%
     Lockheed   Martin  Corp.                    $800,000      4.09%     15/9/2052         990,031      0.01%
     Ovintiv,   Inc.                       $770,000      6.50%     15/8/2034         990,020      0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   Farm  Credit  Banks  Funding   Corp.             $1,000,000       0.25%     26/2/2024        988,708      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $909,223      5.00%      1/5/2049        988,624      0.01%
     Apple,  Inc.                       $1,000,000       2.80%      8/2/2061        988,436      0.01%
     Nestle  Holdings,   Inc.                    $1,000,000       0.38%     15/1/2024        988,124      0.01%
     Northwestern     Mutual   Global  Funding                $1,000,000       0.60%     25/3/2024        988,031      0.01%
     BANK  2018                        $900,000      3.95%     15/8/2061        988,000      0.01%
     Newmont   Corp.                      $1,000,000       2.25%     1/10/2030        986,852      0.01%
     Federal   National   Mortgage   Association                 $1,000,000       0.63%     22/4/2025        986,057      0.01%
     State  of California                       $625,000      7.30%     1/10/2039        985,733      0.01%
     International    Business   Machines   Corp.               $1,000,000       2.85%     15/5/2040        984,342      0.01%
     KKR  Group  Finance   Co. III LLC                 $770,000      5.13%      1/6/2044        984,178      0.01%
     McDonald's    Corp.                      $910,000      3.70%     30/1/2026        983,575      0.01%
     General   Dynamics   Corp.                    $950,000      3.38%     15/5/2023        983,171      0.01%
     Federal   National   Mortgage   Association                 $958,979      2.00%      1/7/2035        983,023      0.01%
     Charter   Communications      Operating    LLC/Charter
                               $950,000      4.40%     1/12/2061        982,607      0.01%
       Communications      Operating    Capital
     Enterprise    Products   Operating    LLC               $1,000,000       3.20%     15/2/2052        982,554      0.01%
     Federal   National   Mortgage   Association                 $865,693      5.50%      1/6/2038        982,451      0.01%
     Federal   Home  Loan  Banks                   $1,000,000       0.50%     14/4/2025        981,860      0.01%
     Home  Depot,  Inc.                      $925,000      2.80%     14/9/2027        981,743      0.01%
     Government    National   Mortgage   Association                $914,925      3.50%     20/10/2042         981,690      0.01%
     DTE  Energy   Co.                     $1,000,000       1.05%      1/6/2025        981,393      0.01%
     KeyBank   NA                       $923,000      3.30%      1/6/2025        981,208      0.01%
     DTE  Energy   Co.                      $940,000      2.85%     1/10/2026        981,189      0.01%
     Williams   Cos,  Inc.                     $920,000      3.90%     15/1/2025        980,215      0.01%
     Federal   National   Mortgage   Association                 $1,000,000       0.50%     17/6/2025        980,188      0.01%
     Apple,  Inc.                       $1,000,000       1.40%      5/8/2028        979,637      0.01%
     Federal   National   Mortgage   Association                 $914,702      4.50%      1/4/2048        979,258      0.01%
     Brixmor   Operating    Partnership    LP               $1,000,000       2.50%     16/8/2031        978,326      0.01%
     Federal   National   Mortgage   Association                 $944,753      2.50%      1/7/2028        978,031      0.01%
     CNH  Industrial   Capital   LLC                  $925,000      4.20%     15/1/2024        977,589      0.01%
     Broadcom,    Inc.                      $1,000,000       2.45%     15/2/2031        977,090      0.01%
     Apple,  Inc.                       $1,000,000       0.70%      8/2/2026        976,818      0.01%
     New  York  Life Global  Funding                  $1,000,000       0.85%     15/1/2026        976,721      0.01%
     Apple,  Inc.                       $1,000,000       1.70%      5/8/2031        976,560      0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates         $1,000,000       1.94%     25/2/2035        975,795      0.01%
     Mars,  Inc.                       $1,000,000       0.88%     16/7/2026        971,511      0.01%
     Charter   Communications      Operating    LLC/Charter
                               $750,000      6.38%     23/10/2035         971,503      0.01%
       Communications      Operating    Capital
     Molson   Coors  Beverage   Co.                  $875,000      4.20%     15/7/2046        971,386      0.01%
                                206/362


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     Federal   Home  Loan  Mortgage   Corp.                $890,708      4.00%     1/12/2045        971,293      0.01%
     Discovery    Communications      LLC                GBP700,000       2.50%     20/9/2024        971,274      0.01%
     Charter   Communications      Operating    LLC/Charter
                               $1,000,000       3.50%      1/3/2042        970,288      0.01%
       Communications      Operating    Capital
     Toyota   Motor  Credit  Corp.                  $1,000,000       1.15%     13/8/2027        969,158      0.01%
     Fidelity   National   Information    Services,   Inc.            GBP700,000       2.25%     3/12/2029        969,007      0.01%
     Pacific  Life Global  Funding   II                $1,000,000       1.45%     20/1/2028        968,745      0.01%
     Government    National   Mortgage   Association                $901,555      3.50%     20/4/2043        968,687      0.01%
     AT&T,  Inc.                       $1,000,000       3.10%      1/2/2043        968,468      0.01%
     Time  Warner   Cable  LLC                    $710,000      6.75%     15/6/2039        967,929      0.01%
     Indiana   Michigan   Power  Co.                  $875,000      3.85%     15/5/2028        967,258      0.01%
     Charter   Communications      Operating    LLC/Charter
                               $1,025,000       3.85%      1/4/2061        966,924      0.01%
       Communications      Operating    Capital
     Federal   Home  Loan  Banks                   $975,000      0.13%     28/8/2023        966,502      0.01%
     Southern   California   Edison  Co.                 $875,000      4.00%      1/4/2047        966,291      0.01%
     AT&T,  Inc.                       EUR800,000       1.80%      5/9/2026        966,181      0.01%
     American   International    Group,   Inc.               EUR800,000       1.88%     21/6/2027        966,122      0.01%
     Chevron   USA,  Inc.                    $1,000,000       1.02%     12/8/2027        965,059      0.01%
     Fox Corp.                         $750,000      5.48%     25/1/2039        964,935      0.01%
     Equinix,   Inc.                       $1,000,000       1.55%     15/3/2028        963,568      0.01%
     International    Business   Machines   Corp.               $900,000      3.30%     15/5/2026        963,326      0.01%
     FMR  LLC                        $665,000      6.45%     15/11/2039         962,980      0.01%
     Johnson   & Johnson                      $1,000,000       1.30%      1/9/2030        962,844      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $902,809      3.50%      1/5/2046        962,348      0.01%
     Burlington    Northern   Santa  Fe LLC                $800,000      4.05%     15/6/2048        962,256      0.01%
     Government    National   Mortgage   Association                $911,614      3.50%     20/6/2046        961,957      0.01%
     Pfizer,  Inc.                        $925,000      3.20%     15/9/2023        961,954      0.01%
     Berkshire   Hathaway   Energy   Co.                 $775,000      4.45%     15/1/2049        961,598      0.01%
     Energy   Transfer   LP                     $840,000      5.50%      1/6/2027        960,082      0.01%
     State  of California                       $575,000      7.55%      1/4/2039        959,512      0.01%
     Federal   Home  Loan  Banks                   $925,000      2.50%     13/2/2024        958,221      0.01%
     American   Tower  Corp.                    $1,000,000       1.50%     31/1/2028        957,663      0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Exelon  Generation    Co. LLC                  $800,000      5.75%     1/10/2041        957,273      0.01%
     Walmart,   Inc.                       $915,000      2.85%      8/7/2024        957,165      0.01%
     Goldman   Sachs  Group,   Inc.＾                  $1,000,000       1.99%     27/1/2032        957,115      0.01%
     JPMorgan   Chase  & Co.＾                    $825,000      3.90%     23/1/2049        956,045      0.01%
     American   International    Group,   Inc.                $775,000      4.50%     16/7/2044        955,208      0.01%
     Truist  Bank                        $873,000      4.05%     3/11/2025        954,671      0.01%
     Omnicom   Group,   Inc./Omnicom     Capital,   Inc.             $900,000      3.65%     1/11/2024        953,651      0.01%
     Willis  North  America,   Inc.                   $750,000      5.05%     15/9/2048        952,854      0.01%
     Massachusetts     Mutual  Life Insurance   Co.＾              $760,000      5.08%     15/2/2069        952,839      0.01%
     Santander   Holdings   USA,  Inc.                  $880,000      4.50%     17/7/2025        952,729      0.01%
     LYB  International    Finance   III LLC                $825,000      4.20%      1/5/2050        952,573      0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $850,000      3.56%     25/1/2029        951,303      0.01%
     Federal   National   Mortgage   Association                 $892,365      3.50%      1/6/2046        950,944      0.01%
     Procter   & Gamble   Co.                    $875,000      3.00%     25/3/2030        950,676      0.01%
     Government    National   Mortgage   Association                $881,196      4.00%     20/12/2045         950,555      0.01%
     Apple,  Inc.                        $912,000      2.85%     11/5/2024        950,501      0.01%
                                207/362


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     Charter   Communications      Operating    LLC/Charter
                               $1,000,000       2.30%      1/2/2032        950,253      0.01%
       Communications      Operating    Capital
     CNA  Financial   Corp.                     $900,000      3.95%     15/5/2024        949,961      0.01%
     Marsh  & McLennan    Cos,  Inc.                  $900,000      3.50%      3/6/2024        949,613      0.01%
     Pioneer   Natural   Resources    Co.                 $1,000,000       1.90%     15/8/2030        949,405      0.01%
     Mastercard,    Inc.                      $900,000      3.38%      1/4/2024        949,030      0.01%
     AT&T,  Inc.                        $745,000      5.15%     15/11/2046         948,379      0.01%
     Federal   National   Mortgage   Association                 $889,678      3.50%     1/12/2046        948,081      0.01%
     State  Street  Corp.                      $900,000      3.70%     20/11/2023         947,528      0.01%
     University    of Pittsburgh-of    the Commonwealth     System   of Higher
                               $825,000      3.56%     15/9/2119        946,943      0.01%
       Education
     Federal   Home  Loan  Mortgage   Corp.                $912,375      3.00%      1/5/2049        946,686      0.01%
     Federal   National   Mortgage   Association                 $935,407      2.00%     1/10/2041        945,994      0.01%
     Mars,  Inc.                       $1,000,000       1.63%     16/7/2032        945,886      0.01%
     JPMorgan   Chase  & Co.＾                    $800,000      4.03%     24/7/2048        945,556      0.01%
     UBS3  Commercial    Mortgage   Trust  2014               $900,000      3.82%     10/6/2047        945,235      0.01%
     Massachusetts     Mutual  Life Insurance   Co.              $853,000      3.73%     15/10/2070         945,124      0.01%
     Automatic    Data  Processing,    Inc.                $1,000,000       1.25%      1/9/2030        944,546      0.01%
     Federal   National   Mortgage   Association                 $910,712      2.50%     1/10/2031        943,887      0.01%
     Amazon.com,     Inc.                      $875,000      3.25%     12/5/2061        943,575      0.01%
     Alphabet,   Inc.                      $1,000,000       1.10%     15/8/2030        942,128      0.01%
     Government    National   Mortgage   Association                $901,192      3.00%     20/5/2046        941,955      0.01%
     Apple,  Inc.                       $1,000,000       2.55%     20/8/2060        941,431      0.01%
     Bank  of America   Corp.＾                     $900,000      3.46%     15/3/2025        941,400      0.01%
     Becton   Dickinson   Euro  Finance   Sarl              EUR800,000       1.21%      4/6/2026        941,231      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $883,444      4.00%      1/5/2049        941,225      0.01%
     Dominion   Energy,   Inc.                    $650,000      7.00%     15/6/2038        941,090      0.01%
     Federal   National   Mortgage   Association                 $892,608      3.00%      1/9/2048        939,595      0.01%
     Alexandria    Real  Estate  Equities,   Inc.               $1,000,000       1.88%      1/2/2033        939,472      0.01%
     Brooklyn   Union  Gas Co.                   $825,000      4.27%     15/3/2048        938,918      0.01%
     American   Municipal   Power,  Inc.                 $620,000      5.94%     15/2/2047        938,596      0.01%
     Archer-Daniels-Midland        Co.                 EUR800,000       1.00%     12/9/2025        937,424      0.01%
     John  Deere  Capital   Corp.                    $878,000      3.45%     13/3/2025        937,262      0.01%
     Government    National   Mortgage   Association                $884,625      3.50%     20/3/2045        936,926      0.01%
     Nestle  Holdings,   Inc.                   EUR800,000       0.88%     18/7/2025        936,583      0.01%
     Government    National   Mortgage   Association                $871,812      3.50%     20/12/2041         935,225      0.01%
     S&P  Global,   Inc.                     $1,000,000       1.25%     15/8/2030        934,466      0.01%
     Government    National   Mortgage   Association                $894,258      3.50%     20/8/2049        933,853      0.01%
     American   Honda  Finance   Corp.                  $900,000      2.90%     16/2/2024        933,446      0.01%
     Rochester    Gas  & Electric   Corp.                  $880,000      3.10%      1/6/2027        933,284      0.01%
     UnitedHealth     Group,   Inc.                   $925,000      2.75%     15/5/2040        933,147      0.01%
     PNC  Bank  NA                       $878,000      3.25%      1/6/2025        933,056      0.01%
     Government    National   Mortgage   Association                $889,284      3.00%     20/10/2045         932,876      0.01%
     HP,  Inc.                         $700,000      6.00%     15/9/2041        932,462      0.01%
     Comcast   Corp.                      GBP700,000       1.88%     20/2/2036        931,607      0.01%
     Prologis   LP                       $1,000,000       1.25%     15/10/2030         931,357      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $878,463      3.50%     1/10/2047        931,239      0.01%
     Verizon   Communications,      Inc.                EUR800,000       1.30%     18/5/2033        930,899      0.01%
     Federal   National   Mortgage   Association                 $898,773      2.50%      1/5/2036        930,352      0.01%
     United  Parcel  Service,   Inc.                   $725,000      4.25%     15/3/2049        929,378      0.01%
     QUALCOMM,     Inc.                     $700,000      4.80%     20/5/2045        929,277      0.01%
     Federal   National   Mortgage   Association                 $854,474      4.50%      1/6/2047        928,928      0.01%
                                208/362


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     Visa,  Inc.                        $775,000      4.15%     14/12/2035         927,891      0.01%
     Federal   National   Mortgage   Association                 $883,085      3.00%      1/7/2033        927,008      0.01%
     DR Horton,   Inc.                      $897,000      2.60%     15/10/2025         926,807      0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   National   Mortgage   Association                 $840,232      4.50%     1/11/2042         925,626      0.01%
     New  York  Life Global  Funding                   $920,000      1.10%      5/5/2023        924,418      0.01%
     Caterpillar,    Inc.                      $840,000      3.25%     19/9/2049         924,338      0.01%
     Federal   National   Mortgage   Association                 $863,202      4.00%     1/10/2047         924,135      0.01%
     Activision   Blizzard,   Inc.                   $1,000,000       1.35%     15/9/2030         923,787      0.01%
     Apple,  Inc.                        $850,000      3.35%      9/2/2027        923,766      0.01%
     Goldman   Sachs  Group,   Inc.                  $865,000      3.75%     22/5/2025         923,333      0.01%
     Coca-Cola    Co.                     EUR800,000       0.50%      8/3/2024        923,315      0.01%
     Visa,  Inc.                        $1,050,000       2.00%     15/8/2050         923,068      0.01%
     Federal   National   Mortgage   Association                 $857,477      4.00%      1/3/2047        922,974      0.01%
     Federal   National   Mortgage   Association                 $873,521      3.50%     1/11/2031         922,286      0.01%
     Lockheed   Martin  Corp.                    $710,000      4.70%     15/5/2046         921,777      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $892,999      2.50%      1/6/2041        921,172      0.01%
     Wells  Fargo  & Co.                     $760,000      4.65%     4/11/2044         920,831      0.01%
     Berkshire   Hathaway   Finance   Corp.                 $750,000      4.25%     15/1/2049         920,372      0.01%
     American   Tower  Corp.                     $845,000      3.80%     15/8/2029         920,019      0.01%
     Regions   Financial   Corp.                    $900,000      2.25%     18/5/2025         919,526      0.01%
     Wells  Fargo  & Co.                     $700,000      5.38%     2/11/2043         919,421      0.01%
     Alexandria    Real  Estate  Equities,   Inc.               $850,000      3.38%     15/8/2031         919,381      0.01%
     Cigna  Corp.                        $875,000      3.50%     15/6/2024         918,458      0.01%
     UnitedHealth     Group,   Inc.                   $900,000      2.90%     15/5/2050         918,344      0.01%
     AT&T,  Inc.                      GBP500,000       4.88%      1/6/2044        917,844      0.01%
     Government    National   Mortgage   Association                $867,852      4.50%     20/1/2050         917,248      0.01%
     Illinois  Tool  Works,   Inc.                   $875,000      3.50%      1/3/2024        916,757      0.01%
     Discovery    Communications      LLC                 $725,000      5.30%     15/5/2049         916,672      0.01%
     Federal   National   Mortgage   Association                 $854,531      3.50%      1/2/2041        916,658      0.01%
     Federal   National   Mortgage   Association                 $868,418      3.00%     1/12/2042         916,365      0.01%
     TWDC   Enterprises    18 Corp.                   $900,000      2.35%     1/12/2022         914,113      0.01%
     Union  Pacific  Corp.                      $850,000      3.25%      5/2/2050        912,868      0.01%
     CVS  Health  Corp.                      $950,000      1.88%     28/2/2031         911,543      0.01%
     FedEx  Corp.                       EUR830,000       0.95%      4/5/2033        909,192      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $888,238      2.50%     1/11/2049         906,900      0.01%
     Johnson   & Johnson                       $850,000      2.90%     15/1/2028         906,622      0.01%
     Exxon  Mobil  Corp.                      $775,000      4.11%      1/3/2046        906,367      0.01%
     Dow  Chemical   Co.                    EUR800,000       0.50%     15/3/2027         906,317      0.01%
     Verizon   Communications,      Inc.                EUR800,000       1.50%     19/9/2039         906,314      0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $850,000      2.65%     25/11/2029         906,006      0.01%
     Government    National   Mortgage   Association                $852,313      4.00%     20/11/2047         905,175      0.01%
     Mastercard,    Inc.                      $850,000      2.95%     21/11/2026         904,996      0.01%
     7-Eleven,   Inc.                       $975,000      2.80%     10/2/2051         904,911      0.01%
     General   Motors   Co.                     $625,000      6.75%      1/4/2046        904,342      0.01%
     Burlington    Northern   Santa  Fe LLC                $700,000      4.95%     15/9/2041         903,930      0.01%
     Cigna  Corp.                        $700,000      4.90%     15/12/2048         903,871      0.01%
     State  of Texas                       $640,000      5.52%      1/4/2039        903,842      0.01%
     Home  Depot,  Inc.                     $850,000      3.00%      1/4/2026        903,674      0.01%
     Honeywell    International,     Inc.                  $875,000      2.30%     15/8/2024         903,028      0.01%
                                209/362


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     General   Motors   Co.                     $660,000      5.95%      1/4/2049        902,605      0.01%
     Air Lease  Corp.                       $900,000      3.00%      1/2/2030        902,212      0.01%
     United  Parcel  Service,   Inc.                   $625,000      6.20%     15/1/2038         900,614      0.01%
     Federal   National   Mortgage   Association                 $870,033      2.50%     1/10/2035         900,195      0.01%
     Texas  Health  Resources                     $1,000,000       2.33%     15/11/2050         899,449      0.01%
     Coca-Cola    Co.                     EUR800,000       0.95%      6/5/2036        898,926      0.01%
     DuPont   de Nemours,   Inc.                   $850,000      4.21%     15/11/2023         898,837      0.01%
     Government    National   Mortgage   Association                $837,030      3.50%     20/5/2042         898,110      0.01%
     Citigroup   Commercial    Mortgage   Trust  2016             $850,000      3.31%     10/4/2049         896,843      0.01%
     Alphabet,   Inc.                      $1,000,000       2.05%     15/8/2050         896,704      0.01%
     Florida   Power  & Light  Co.                   $750,000      4.13%      1/2/2042        895,967      0.01%
     Danaher   Corp.                       $725,000      4.38%     15/9/2045         895,829      0.01%
     Alphabet,   Inc.                      $1,000,000       2.25%     15/8/2060         893,776      0.01%
     Discovery    Communications      LLC                 $835,000      3.63%     15/5/2030         892,831      0.01%
     Oracle  Corp.                        $875,000      2.40%     15/9/2023         892,321      0.01%
     Procter   & Gamble   Co.                    $850,000      2.45%     3/11/2026         891,475      0.01%
     Citigroup,    Inc.                       $705,000      4.65%     30/7/2045         890,801      0.01%
     Bay Area  Toll  Authority                     $550,000      6.26%      1/4/2049        890,303      0.01%
     NIKE,  Inc.                        $850,000      2.38%     1/11/2026         889,923      0.01%
     PacifiCorp                          $850,000      3.30%     15/3/2051         889,317      0.01%
     Evergy,   Inc.                       $865,000      2.90%     15/9/2029         887,976      0.01%
     Humana,   Inc.                       $835,000      3.85%     1/10/2024         886,496      0.01%
     Goldman   Sachs  Group,   Inc.＾                  $900,000      2.38%     21/7/2032         886,241      0.01%
     General   Dynamics   Corp.                    $800,000      3.75%     15/5/2028         885,798      0.01%
     Amgen,   Inc.                       $850,000      3.38%     21/2/2050         882,897      0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   Home  Loan  Mortgage   Corp.                $855,606      2.50%      1/9/2041        882,599      0.01%
     Oracle  Corp.                        $825,000      3.90%     15/5/2035        882,544      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $823,836      4.00%      1/8/2047        882,263      0.01%
     Federal   National   Mortgage   Association                 $831,242      3.50%      1/2/2048        880,886      0.01%
     Public  Storage                       EUR800,000       0.50%      9/9/2030        880,668      0.01%
     Goldman   Sachs  Group,   Inc.＾                  $850,000      3.21%     22/4/2042        880,011      0.01%
     California   Institute   of Technology                   $600,000      4.70%     1/11/2111        878,560      0.01%
     Aflac,  Inc.                        $795,000      3.60%      1/4/2030        876,591      0.01%
     Lowe's   Cos,  Inc.                      $800,000      3.70%     15/4/2046        876,562      0.01%
     Enterprise    Products   Operating    LLC                $775,000      4.20%     31/1/2050        876,345      0.01%
     Crown  Castle  International    Corp.                 $800,000      4.45%     15/2/2026        876,030      0.01%
     Bank  of America   Corp.＾                     $850,000      3.55%      5/3/2024        875,380      0.01%
     Anthem,   Inc.                       $850,000      3.13%     15/5/2050        875,187      0.01%
     Sempra   Energy                        $795,000      3.80%      1/2/2038        874,449      0.01%
     Comcast   Corp.                       $775,000      3.90%      1/3/2038        874,130      0.01%
     ViacomCBS,    Inc.                      $700,000      5.25%      1/4/2044        874,127      0.01%
     Eli Lilly  & Co.                      EUR700,000       1.70%     1/11/2049        873,289      0.01%
     CVS  Health  Corp.                      $810,000      3.88%     20/7/2025        871,246      0.01%
     Federal   National   Mortgage   Association＾                 $831,963      2.56%     25/12/2026         870,853      0.01%
     Federal   National   Mortgage   Association                 $897,270      1.50%      1/8/2051        869,537      0.01%
     Morgan   Stanley   Capital   ITrust  2016                $825,000      3.33%     15/3/2049        869,081      0.01%
     WFRBS   Commercial    Mortgage   Trust  2014              $825,000      3.63%     15/11/2047         869,059      0.01%
     Basin  Electric   Power  Cooperative                   $700,000      4.75%     26/4/2047        868,324      0.01%
     Goldman   Sachs  Group,   Inc.＾                  $875,000      0.66%     10/9/2024        868,190      0.01%
                                210/362


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     US Treasury   Note                      $834,000      2.88%     30/11/2023         868,077      0.01%
     Home  Depot,  Inc.                      $800,000      3.30%     15/4/2040        866,543      0.01%
     Goldman   Sachs  Group,   Inc.＾                  $825,000      3.27%     29/9/2025        865,398      0.01%
     Raytheon   Technologies     Corp.                  $700,000      4.50%      1/6/2042        865,275      0.01%
     Union  Pacific  Corp.                      $825,000      3.65%     15/2/2024        864,315      0.01%
     FedEx  Corp.                        $800,000      3.40%     15/2/2028        863,900      0.01%
     Government    National   Mortgage   Association                $815,463      4.50%     20/7/2048        863,798      0.01%
     Utah  Acquisition    Sub,  Inc.                   $800,000      3.95%     15/6/2026        862,865      0.01%
     Goldman   Sachs  Group,   Inc.＾                CA($)1,050,000        3.31%     31/10/2025         862,212      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $756,257      6.00%      1/4/2039        862,005      0.01%
     Nuveen   LLC                       $775,000      4.00%     1/11/2028        860,988      0.01%
     Federal   National   Mortgage   Association                 $821,798      3.00%      1/6/2037        860,464      0.01%
     AT&T,  Inc.                        $760,000      4.35%     15/6/2045        860,035      0.01%
     Realty  Income   Corp.                     $800,000      3.25%     15/1/2031        859,557      0.01%
     Valero  Energy   Corp.                     $635,000      6.63%     15/6/2037        858,866      0.01%
     Federal   National   Mortgage   Association                 $829,540      2.50%      1/7/2034        858,190      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $822,766      3.00%      1/1/2048        858,000      0.01%
     Goldman   Sachs  Group,   Inc.＾                  $875,000      1.54%     10/9/2027        857,755      0.01%
     Wells  Fargo  Commercial    Mortgage   Trust  2018             $750,000      4.44%     15/9/2061        857,265      0.01%
     ViacomCBS,    Inc.                      $820,000      2.90%     15/1/2027        855,887      0.01%
     Aon  Corp.                         $750,000      4.50%     15/12/2028         855,147      0.01%
     Federal   National   Mortgage   Association                 $824,594      3.00%     1/11/2049        855,133      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $809,509      3.00%     1/11/2042        854,588      0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $900,000      1.72%     25/7/2035        854,548      0.01%
     Government    National   Mortgage   Association                $796,128      3.50%     20/7/2042        854,224      0.01%
     JPMorgan   Chase  & Co.＾                    $900,000      1.76%     19/11/2031         853,769      0.01%
     JPMorgan   Chase  & Co.                    $830,000      3.20%     25/1/2023        852,381      0.01%
     General   Mills,  Inc.                     $851,000      3.00%      1/2/2051        852,363      0.01%
     Burlington    Northern   Santa  Fe LLC                $730,000      3.90%      1/8/2046        852,246      0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $850,000      1.60%     25/12/2027         852,207      0.01%
     Citigroup,    Inc.                       $775,000      4.13%     25/7/2028        851,834      0.01%
     Discover   Financial   Services                    $800,000      3.95%     6/11/2024        851,504      0.01%
     McDonald's    Corp.                     EUR700,000       1.60%     15/3/2031        851,270      0.01%
     Corning,   Inc.                     JPY100,000,000        0.99%     10/8/2027        851,110      0.01%
     Eastman   Chemical   Co.                   EUR700,000       1.88%     23/11/2026         850,533      0.01%
     Energy   Transfer   LP                     $700,000      5.80%     15/6/2038        850,418      0.01%
     AT&T,  Inc.                        $780,000      4.13%     17/2/2026        850,298      0.01%
     LYB  International    Finance   II BV               EUR700,000       1.63%     17/9/2031        849,130      0.01%
     Comcast   Corp.                       $663,000      4.70%     15/10/2048         848,493      0.01%
     Merck  & Co.,  Inc.                     $850,000      2.90%     10/12/2061         847,982      0.01%
     QUALCOMM,     Inc.                     $675,000      4.30%     20/5/2047        847,929      0.01%
     Federal   National   Mortgage   Association                 $818,100      2.50%     1/12/2027        847,468      0.01%
     Comcast   Corp.                       $721,000      4.05%     1/11/2052        847,243      0.01%
     Altria  Group,   Inc.                    EUR700,000       2.20%     15/6/2027        846,912      0.01%
     Northwestern     Mutual   Life Insurance   Co.              $600,000      6.06%     30/3/2040        846,904      0.01%
     Charles   Schwab   Corp.                     $850,000      0.75%     18/3/2024        846,179      0.01%
     3M Co.                         $700,000      4.00%     14/9/2048        845,127      0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   National   Mortgage   Association                 $805,233      3.00%     1/12/2030        844,336      0.01%
     Energy   Transfer   LP                     $675,000      6.00%     15/6/2048        844,171      0.01%
                                211/362


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     Federal   National   Mortgage   Association                 $803,264      3.00%      1/1/2037        842,502      0.01%
     State  Street  Corp.＾                      $800,000      3.78%     3/12/2024        842,278      0.01%
     Government    National   Mortgage   Association                $808,716      3.50%     20/12/2050         842,234      0.01%
     Federal   National   Mortgage   Association                 $811,565      3.00%      1/9/2040        842,148      0.01%
     Discover   Bank                       $771,000      4.25%     13/3/2026        842,011      0.01%
     Broadcom,    Inc.                      $770,000      4.25%     15/4/2026        841,832      0.01%
     Realty  Income   Corp.                     $650,000      4.65%     15/3/2047        841,786      0.01%
     Wells  Fargo  & Co.                    GBP600,000       2.50%      2/5/2029        840,763      0.01%
     DuPont   de Nemours,   Inc.                   $725,000      4.73%     15/11/2028         840,350      0.01%
     Global  Payments,    Inc.                    $817,000      2.65%     15/2/2025        840,250      0.01%
     Federal   National   Mortgage   Association                 $801,301      3.00%      1/2/2034        840,117      0.01%
     Federal   National   Mortgage   Association                 $804,525      3.00%      1/1/2051        839,762      0.01%
     Chubb  INA  Holdings,   Inc.                   $700,000      4.15%     13/3/2043        839,187      0.01%
     Consolidated     Edison  Co. of New  York,  Inc.             $650,000      5.50%     1/12/2039        838,652      0.01%
     Digital  Euro  Finco  LLC                   EUR700,000       2.63%     15/4/2024        838,559      0.01%
     Government    National   Mortgage   Association                $795,578      4.00%     20/6/2049        837,845      0.01%
     Raytheon   Technologies     Corp.                  $750,000      3.75%     1/11/2046        837,443      0.01%
     Federal   National   Mortgage   Association                 $798,358      3.00%      1/9/2032        837,428      0.01%
     Federal   National   Mortgage   Association                 $875,000      1.27%     25/7/2030        837,272      0.01%
     UBS  Commercial    Mortgage   Trust  2018               $740,000      4.34%     15/12/2051         837,056      0.01%
     Bayer  US Finance   LLC                    $800,000      3.38%     8/10/2024        836,642      0.01%
     Verisk  Analytics,    Inc.                    $750,000      4.13%     15/3/2029        836,279      0.01%
     Charter   Communications      Operating    LLC/Charter
                               $780,000      3.75%     15/2/2028        836,195      0.01%
       Communications      Operating    Capital
     Federal   National   Mortgage   Association                 $767,790      4.00%      1/9/2043        836,017      0.01%
     Energy   Transfer   LP                     $740,000      4.95%     15/6/2028        834,452      0.01%
     Charter   Communications      Operating    LLC/Charter
                               $700,000      5.38%      1/4/2038        834,250      0.01%
       Communications      Operating    Capital
     Bank  of America   Corp.＾                     $775,000      3.59%     21/7/2028        834,157      0.01%
     Gilead  Sciences,   Inc.                     $725,000      4.00%      1/9/2036        834,048      0.01%
     CSX  Corp.                        $800,000      2.60%     1/11/2026        833,829      0.01%
     Amazon.com,     Inc.                      $610,000      4.95%     5/12/2044        832,669      0.01%
     LYB  International    Finance   III LLC                $800,000      3.38%     1/10/2040        832,638      0.01%
     Schlumberger     Holdings   Corp.                  $750,000      4.30%      1/5/2029        832,565      0.01%
     Government    National   Mortgage   Association                $792,920      3.50%     20/1/2048        832,223      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $779,781      3.50%      1/6/2046        831,192      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $801,674      3.00%     1/10/2050        830,413      0.01%
     Liberty   Mutual   Group,   Inc.                   $750,000      3.95%     15/5/2060        830,283      0.01%
     MassMutual    Global  Funding   II                 $800,000      2.75%     22/6/2024        830,202      0.01%
     Oracle  Corp.                        $800,000      4.00%     15/11/2047         829,706      0.01%
     New  Jersey  Turnpike   Authority                   $525,000      7.10%      1/1/2041        829,157      0.01%
     Verizon   Communications,      Inc.                EUR700,000       1.25%      8/4/2030        828,883      0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $800,000      2.95%     25/7/2024        828,750      0.01%
     Sysco  Corp.                        $663,000      5.95%      1/4/2030        828,716      0.01%
     United  Airlines   2016-1  Class  AA Pass  Through   Trust           $808,659      3.10%      7/7/2028        828,607      0.01%
     MetLife,   Inc.                       $700,000      4.55%     23/3/2030        828,006      0.01%
     Johnson   & Johnson                       $650,000      4.50%     5/12/2043        827,424      0.01%
     Citigroup,    Inc.＾                       $750,000      3.98%     20/3/2030        827,337      0.01%
     Sempra   Energy                        $600,000      6.00%     15/10/2039         826,507      0.01%
     FedEx  Corp.                        $648,000      5.10%     15/1/2044        825,827      0.01%
     Keurig  Dr Pepper,   Inc.                    $725,000      4.60%     25/5/2028        825,508      0.01%
     PNC  Financial   Services   Group,   Inc.                $800,000      2.55%     22/1/2030        824,972      0.01%
                                212/362

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     Entergy   Louisiana   LLC                    $685,000      4.20%      1/4/2050        824,716      0.01%
     Aviation   Capital   Group  LLC                  $800,000      3.50%     1/11/2027        824,499      0.01%
     Duke  Energy   Indiana   LLC                   $735,000      3.75%     15/5/2046        824,282      0.01%
     Stanley   Black  & Decker,   Inc.                  $725,000      4.25%     15/11/2028         824,187      0.01%
     Government    National   Mortgage   Association                $777,467      3.50%     20/10/2045         823,432      0.01%
     Union  Pacific  Corp.                      $710,000      3.80%      6/4/2071        823,072      0.01%
     AT&T,  Inc.                        $825,000      1.70%     25/3/2026        821,602      0.01%
     American   Tower  Corp.                     $850,000      2.10%     15/6/2030        820,268      0.01%
     Aon  Corp./Aon    Global  Holdings   plc               $850,000      2.90%     23/8/2051        819,720      0.01%
     Amgen,   Inc.                       $800,000      3.15%     21/2/2040        818,699      0.01%
     Government    National   Mortgage   Association                $772,642      3.50%     20/4/2045        818,322      0.01%
     Verisk  Analytics,    Inc.                    $750,000      3.63%     15/5/2050        818,292      0.01%
     United  Parcel  Service,   Inc.                   $782,000      2.80%     15/11/2024         818,069      0.01%
     International    Flavors   & Fragrances,    Inc.              $800,000      3.27%     15/11/2040         817,567      0.01%
     Keurig  Dr Pepper,   Inc.                    $625,000      5.09%     25/5/2048        816,846      0.01%
     Walmart,   Inc.                       $785,000      2.38%     24/9/2029        816,827      0.01%
     Federal   National   Mortgage   Association                 $807,603      2.00%     1/12/2040        816,607      0.01%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Old Republic   International    Corp.                 $750,000      4.88%     1/10/2024        816,022      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $806,634      2.00%      1/9/2041        815,872      0.01%
     Amazon.com,     Inc.                      $800,000      2.40%     22/2/2023        815,106      0.01%
     Verizon   Communications,      Inc.                  $700,000      4.40%     1/11/2034        814,956      0.01%
     Parker-Hannifin     Corp.                    EUR700,000       1.13%      1/3/2025        814,698      0.01%
     Burlington    Northern   Santa  Fe LLC                $775,000      3.00%      1/4/2025        814,688      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $746,952      4.00%      1/9/2040        814,266      0.01%
     UnitedHealth     Group,   Inc.                   $750,000      3.38%     15/4/2027        814,167      0.01%
     American   International    Group,   Inc.                $750,000      3.40%     30/6/2030        813,165      0.01%
     Lowe's   Cos,  Inc.                      $700,000      4.50%     15/4/2030        812,658      0.01%
     General   Motors   Financial   of Canada   Ltd.            CA($)1,050,000        1.75%     15/4/2026        812,552      0.01%
     Thermo   Fisher  Scientific,   Inc.                  $783,000      2.60%     1/10/2029        812,404      0.01%
     US Bancorp                         $767,000      3.10%     27/4/2026        811,994      0.01%
     Prudential    Financial,   Inc.                   $650,000      4.35%     25/2/2050        811,774      0.01%
     Southwestern     Electric   Power  Co.                 $750,000      3.85%      1/2/2048        811,237      0.01%
     Charter   Communications      Operating    LLC/Charter
                               $700,000      5.13%      1/7/2049        810,679      0.01%
       Communications      Operating    Capital
     JPMorgan   Chase  & Co.＾                    $725,000      4.20%     23/7/2029        809,707      0.01%
     Comcast   Corp.                       $707,000      3.97%     1/11/2047        809,594      0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $780,000      2.25%     25/1/2030        809,078      0.01%
     Berkshire   Hathaway,    Inc.                  EUR810,000       0.50%     15/1/2041        808,784      0.01%
     Verizon   Communications,      Inc.                GBP600,000       1.88%     19/9/2030        808,654      0.01%
     7-Eleven,   Inc.                       $850,000      1.30%     10/2/2028        808,620      0.01%
     Bank  of America   Corp.                     $750,000      3.50%     19/4/2026        808,106      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $780,770      2.50%      1/8/2041        805,402      0.01%
     Amazon.com,     Inc.                      $685,000      3.88%     22/8/2037        804,668      0.01%
     United  Parcel  Service,   Inc.                 EUR700,000       0.38%     15/11/2023         804,574      0.01%
     3M Co.                         $750,000      3.05%     15/4/2030        804,314      0.01%
     Block  Financial   LLC                     $750,000      3.88%     15/8/2030        803,043      0.01%
     Bank  of America   Corp.＾                     $800,000      2.50%     13/2/2031        802,898      0.01%
     Government    National   Mortgage   Association                $764,769      3.50%     20/3/2048        802,676      0.01%
     QUALCOMM,     Inc.                     $645,000      4.65%     20/5/2035        802,084      0.01%
                                213/362


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     Bank  of America   Corp.＾                     $800,000      1.53%     6/12/2025        802,043      0.01%
     Goldman   Sachs  Group,   Inc.                  $800,000      1.22%     6/12/2023        801,858      0.01%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $735,000      4.65%     15/10/2025         801,767      0.01%
     Bank  of America   Corp.                     $725,000      4.25%     22/10/2026         800,427      0.01%
     Expedia   Group,   Inc.                     $800,000      2.95%     15/3/2031        800,234      0.01%
     Chevron   Corp.                       $790,000      2.36%     5/12/2022        799,928      0.01%
     Verizon   Communications,      Inc.               AU($)1,000,000        4.50%     17/8/2027        799,377      0.01%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾
                               $700,000      4.06%     25/10/2028         799,292      0.01%
     Federal   National   Mortgage   Association                 $761,807      3.00%      1/7/2032        798,710      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $764,947      3.00%      1/2/2048        798,118      0.01%
     Marriott   International,     Inc.                   $800,000      2.85%     15/4/2031        798,093      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $743,395      3.50%      1/1/2044        797,895      0.01%
     Goldman   Sachs  Group,   Inc.                  $775,000      3.63%     22/1/2023        797,523      0.01%
     Charter   Communications      Operating    LLC/Charter
                               $825,000      3.70%      1/4/2051        797,455      0.01%
       Communications      Operating    Capital
     Government    National   Mortgage   Association                $747,461      5.00%     20/4/2049        796,906      0.01%
     UnitedHealth     Group,   Inc.                   $800,000      1.25%     15/1/2026        796,794      0.01%
     Berkshire   Hathaway,    Inc.                 JPY100,000,000        1.11%     13/9/2049        796,658      0.01%
     Prudential    Financial,   Inc.                   $700,000      3.70%     13/3/2051        796,154      0.01%
     Coca-Cola    Co.                       $800,000      1.45%      1/6/2027        796,126      0.01%
     Time  Warner   Cable  LLC                    $640,000      5.88%     15/11/2040         795,531      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $820,461      1.50%     1/10/2050        795,375      0.01%
     State  Board  of Administration     Finance   Corp.             $800,000      1.26%      1/7/2025        795,315      0.01%
     Federal   Home  Loan  Mortgage   Corp.                $791,559      1.50%     1/10/2035        795,303      0.01%
     Nestle  Holdings,   Inc.                   GBP600,000       0.63%     18/12/2025         794,966      0.01%
     Apple,  Inc.                        $670,000      3.85%      4/8/2046        793,749      0.01%
     Medtronic    Global  Holdings   SCA                EUR700,000       1.38%     15/10/2040         793,637      0.00%
     Citigroup,    Inc.                       $625,000      5.88%     22/2/2033        793,433      0.00%
     MetLife,   Inc.                       $612,000      4.72%     15/12/2044         793,315      0.00%
     Morgan   Stanley＾                        $735,000      3.59%     22/7/2028        792,842      0.00%
     Ares  Capital   Corp.                      $750,000      4.20%     10/6/2024        792,563      0.00%
     International    Business   Machines   Corp.              EUR700,000       0.30%     11/2/2028        792,046      0.00%
     Apple,  Inc.                        $625,000      4.38%     13/5/2045        790,633      0.00%
     Appalachian    Power  Co.                    $675,000      4.45%      1/6/2045        790,319      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $723,915      4.00%      1/7/2044        790,196      0.00%
     Federal   National   Mortgage   Association                 $734,767      3.50%      1/5/2042        789,101      0.00%
     Pfizer,  Inc.                        $490,000      7.20%     15/3/2039        788,895      0.00%
     Exelon  Corp.                        $625,000      4.70%     15/4/2050        788,018      0.00%
     Las Vegas  Sands  Corp.                    $775,000      3.20%      8/8/2024        787,562      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     New  York  Life Global  Funding               CA($)1,000,000         2.00%     17/4/2028         786,915       0.00%
     Citigroup,    Inc.＾                     $775,000      2.67%     29/1/2031         786,914       0.00%
     Mondelez   International    Holdings   Netherlands    BV         EUR700,000       0.00%     22/9/2026         786,728       0.00%
     Goldman   Sachs  Group,   Inc.                 $605,000      5.15%     22/5/2045         785,137       0.00%
     Becton   Dickinson   & Co.                  $624,000      4.69%     15/12/2044         784,611       0.00%
     Prudential    Financial,   Inc.＾                  $775,000      3.70%     1/10/2050         784,017       0.00%
     Massachusetts     Institute   of Technology                $625,000      3.89%      1/7/2116        783,488       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $809,585      1.50%      1/9/2051        783,279       0.00%
     Mastercard,    Inc.                     $650,000      3.95%     26/2/2048         783,187       0.00%
                                214/362


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     BorgWarner,    Inc.                   EUR700,000       1.00%     19/5/2031         783,070       0.00%
     Realty  Income   Corp.                    $727,000      3.88%     15/4/2025         782,946       0.00%
     Chicago   Transit   Authority   Sales  & Transfer   Tax Receipts
                              $555,000      6.90%     1/12/2040         782,482       0.00%
       Revenue
     Puget  Energy,   Inc.                    $740,000      3.65%     15/5/2025         782,402       0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through
                              $775,000      1.91%     25/5/2031         782,039       0.00%
       Certificates
     Ascension    Health                     $750,000      2.53%     15/11/2029         781,329       0.00%
     JPMorgan   Chase  & Co.＾                   $750,000      3.16%     22/4/2042         780,939       0.00%
     New  York  State  Dormitory    Authority                $755,000      3.14%      1/7/2043        780,627       0.00%
     Sierra  Pacific  Power  Co.                  $750,000      2.60%      1/5/2026        780,326       0.00%
     QUALCOMM,     Inc.                    $765,000      2.60%     30/1/2023         779,904       0.00%
     T-Mobile   USA,  Inc.                    $800,000      3.00%     15/2/2041         779,525       0.00%
     Federal   National   Mortgage   Association                $791,050      1.50%      1/6/2041        779,374       0.00%
     Lowe's   Cos,  Inc.                     $675,000      4.05%      3/5/2047        779,319       0.00%
     PepsiCo,   Inc.                      $800,000      1.63%      1/5/2030        779,086       0.00%
     Kroger   Co.                       $675,000      3.95%     15/1/2050         778,493       0.00%
     Entergy   Louisiana   LLC                   $650,000      4.20%      1/9/2048        778,416       0.00%
     JPMorgan   Chase  & Co.                   $761,000      2.70%     18/5/2023         778,362       0.00%
     Constellation     Brands,   Inc.                  $697,000      4.75%     1/12/2025         778,203       0.00%
     Federal   Home  Loan  Banks                  $800,000      0.38%      4/9/2025        777,470       0.00%
     Enterprise    Products   Operating    LLC               $625,000      5.10%     15/2/2045         776,828       0.00%
     NVIDIA   Corp.                      $650,000      3.70%      1/4/2060        776,705       0.00%
     AT&T,  Inc.                       $650,000      4.85%      1/3/2039        776,561       0.00%
     CC Holdings   GS V LLC/Crown    Castle  GS III Corp.          $750,000      3.85%     15/4/2023         776,184       0.00%
     Virginia   Electric   & Power  Co.                 $625,000      4.65%     15/8/2043         775,960       0.00%
     Walmart,   Inc.                      $570,000      5.25%      1/9/2035        775,824       0.00%
     BANK  2017                       $725,000      3.78%     15/5/2050         775,691       0.00%
     Michigan   State  Building   Authority                 $800,000      2.71%     15/10/2040         774,889       0.00%
     Southern   California   Edison  Co.                $725,000      3.70%      1/8/2025        774,299       0.00%
     Government    National   Mortgage   Association              $720,584      3.50%     20/5/2043         774,240       0.00%
     American   International    Group,   Inc.               $750,000      2.50%     30/6/2025         774,030       0.00%
     Exelon  Generation    Co. LLC                 $650,000      5.60%     15/6/2042         771,514       0.00%
     Transcontinental      Gas  Pipe  Line  Co. LLC             $600,000      5.40%     15/8/2041         771,189       0.00%
     Federal   National   Mortgage   Association                $726,726      3.50%     1/10/2047         770,127       0.00%
     Bank  of America   Corp.＾                   $620,000      4.44%     20/1/2048         769,776       0.00%
     Federal   National   Mortgage   Association                $742,875      2.50%      1/7/2036        769,641       0.00%
     Bank  of New  York  Mellon  Corp.                $732,000      3.00%     24/2/2025         768,966       0.00%
     Bristol-Myers     Squibb  Co.                  $650,000      4.13%     15/6/2039         768,828       0.00%
     Bank  of America   Corp.                   $585,000      5.00%     21/1/2044         768,750       0.00%
     Oracle  Corp.                       $745,000      2.80%      1/4/2027        768,598       0.00%
     International    Paper  Co.                   $625,000      4.35%     15/8/2048         768,152       0.00%
     Apple,  Inc.                       $750,000      2.20%     11/9/2029         767,834       0.00%
     Pacific  Gas  & Electric   Co.                  $825,000      3.30%      1/8/2040        767,646       0.00%
     Marathon   Petroleum    Corp.                  $650,000      5.00%     15/9/2054         767,257       0.00%
     Marvell   Technology,    Inc.                  $750,000      2.95%     15/4/2031         767,116       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $714,877      3.50%      1/9/2043        767,041       0.00%
     Textron,   Inc.                      $725,000      4.30%      1/3/2024        765,771       0.00%
     Apple,  Inc.                       $600,000      4.45%      6/5/2044        765,742       0.00%
     Constellation     Brands,   Inc.                  $700,000      4.75%     15/11/2024         765,067       0.00%
     salesforce.com,     Inc.                    $750,000      2.90%     15/7/2051         764,658       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $736,927      2.50%      1/1/2032        764,271       0.00%
                                215/362


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     Owl  Rock  Capital   Corp.                   $750,000      3.40%     15/7/2026         763,985       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $713,049      4.00%      1/4/2047        763,670       0.00%
     Government    National   Mortgage   Association              $734,938      3.00%     20/7/2049         763,555       0.00%
     Federal   National   Mortgage   Association                $727,662      3.00%     1/11/2032         763,240       0.00%
     Cargill,   Inc.                      $775,000      2.13%     10/11/2031         763,018       0.00%
     AmerisourceBergen       Corp.                  $650,000      4.30%     15/12/2047         762,866       0.00%
     Delta  Air Lines,  Inc./SkyMiles     IP Ltd.              $725,000      4.50%     20/10/2025         762,579       0.00%
     Federal   National   Mortgage   Association                $722,817      3.50%      1/1/2050        762,428       0.00%
     Capital   One  Financial   Corp.                  $700,000      3.80%     31/1/2028         762,305       0.00%
     Berkshire   Hathaway   Finance   Corp.              GBP500,000       2.63%     19/6/2059         761,735       0.00%
     PECO  Energy   Co.                    $750,000      3.00%     15/9/2049         761,193       0.00%
     Illinois  Tool  Works,   Inc.                  $650,000      3.90%      1/9/2042        760,411       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Hewlett   Packard   Enterprise    Co.                 $685,000      4.90%     15/10/2025         760,180      0.00%
     American   Tower  Corp.                     $725,000      3.13%     15/1/2027         759,596      0.00%
     Federal   National   Mortgage   Association                 $709,572      4.50%      1/8/2048        759,541      0.00%
     Government    National   Mortgage   Association                $711,132      4.50%     20/4/2048         759,290      0.00%
     AT&T,  Inc.                        $600,000      5.35%      1/9/2040        758,643      0.00%
     Altria  Group,   Inc.                    EUR600,000       3.13%     15/6/2031         757,990      0.00%
     Federal   National   Mortgage   Association                 $719,223      3.00%      1/8/2043        757,653      0.00%
     UnitedHealth     Group,   Inc.                   $625,000      4.25%     15/3/2043         757,559      0.00%
     Steel  Dynamics,    Inc.                     $750,000      3.25%     15/10/2050         757,171      0.00%
     L3Harris   Technologies,     Inc.                  $575,000      5.05%     27/4/2045         756,485      0.00%
     Virginia   Electric   & Power  Co.                  $715,000      3.15%     15/1/2026         755,520      0.00%
     Starbucks   Corp.                       $675,000      4.00%     15/11/2028         755,276      0.00%
     Federal   National   Mortgage   Association                 $721,519      3.00%      1/1/2027        754,443      0.00%
     Apple,  Inc.                        $750,000      2.85%      5/8/2061        754,177      0.00%
     Global  Payments,    Inc.                    $750,000      2.15%     15/1/2027         753,549      0.00%
     Walt  Disney  Co.                      $700,000      3.38%     15/11/2026         753,029      0.00%
     Government    National   Mortgage   Association                $717,326      3.50%     20/5/2047         752,882      0.00%
     Protective    Life Global  Funding                   $750,000      1.08%      9/6/2023        752,276      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $685,021      4.50%      1/8/2049        752,150      0.00%
     Sysco  Corp.                        $750,000      2.45%     14/12/2031         752,100      0.00%
     Anthem,   Inc.                       $712,000      3.50%     15/8/2024         751,951      0.00%
     Air Lease  Corp.                     CA($)940,000        2.63%     5/12/2024         751,515      0.00%
     Connecticut    Light  & Power  Co.                 $625,000      4.00%      1/4/2048        751,393      0.00%
     Charles   Schwab   Corp.                     $700,000      3.30%      1/4/2027        751,293      0.00%
     Analog  Devices,   Inc.                     $750,000      2.10%     1/10/2031         751,025      0.00%
     Chevron   USA,  Inc.                     $700,000      3.90%     15/11/2024         750,903      0.00%
     Columbia   Property   Trust  Operating    Partnership    LP          $690,000      3.65%     15/8/2026         750,782      0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.           $600,000      4.40%     1/11/2048         750,752      0.00%
     Consumers    Energy   Co.                    $850,000      2.50%      1/5/2060        750,622      0.00%
     Estee  Lauder   Cos,  Inc.                    $600,000      4.15%     15/3/2047         750,599      0.00%
     Verizon   Communications,      Inc.                 $791,000      2.99%     30/10/2056         750,173      0.00%
     Southern   Co.                       $635,000      4.40%      1/7/2046        750,013      0.00%
     PepsiCo,   Inc.                       $750,000      1.95%     21/10/2031         749,845      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $702,239      3.50%      1/4/2046        749,767      0.00%
     Raytheon   Technologies     Corp.                  $750,000      2.38%     15/3/2032         749,713      0.00%
     Emerson   Electric   Co.                    $750,000      2.00%     21/12/2028         749,626      0.00%
     Pacific  Gas  & Electric   Co.                   $750,000      1.70%     15/11/2023         749,597      0.00%
                                216/362


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     Chevron   Corp.                       $700,000      3.33%     17/11/2025         749,088      0.00%
     New  Jersey  Transportation     Trust  Fund  Authority             $675,000      4.08%     15/6/2039         748,514      0.00%
     Bank  of America   Corp.                    $600,000      4.75%     21/4/2045         747,814      0.00%
     Kimberly-Clark     Corp.                     $750,000      2.00%     2/11/2031         747,733      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2014           $720,000      3.37%     15/11/2047         747,665      0.00%
     CenterPoint    Energy,   Inc.                   $685,000      3.70%      1/9/2049        747,498      0.00%
     Public  Service   Enterprise    Group,   Inc.               $750,000      0.84%     8/11/2023         747,059      0.00%
     Ryder  System,   Inc.                     $750,000      1.75%      1/9/2026        747,029      0.00%
     Emerson   Electric   Co.                    $750,000      2.20%     21/12/2031         746,891      0.00%
     Oracle  Corp.                        $750,000      2.30%     25/3/2028         746,670      0.00%
     Gilead  Sciences,   Inc.                     $750,000      0.75%     29/9/2023         746,575      0.00%
     Thermo   Fisher  Scientific,   Inc.                  $750,000      1.75%     15/10/2028         745,252      0.00%
     Federal   National   Mortgage   Association                 $722,310      2.50%      1/8/2041        745,139      0.00%
     Wells  Fargo  & Co.                     $650,000      3.90%      1/5/2045        744,682      0.00%
     Tyson  Foods,  Inc.                     $700,000      3.95%     15/8/2024         744,563      0.00%
     Apple,  Inc.                        $750,000      2.70%      5/8/2051        744,215      0.00%
     Nestle  Holdings,   Inc.                    $675,000      3.63%     24/9/2028         744,125      0.00%
     Johnson   Controls   International    plc/Tyco   Fire  & Security
                              EUR660,000       0.38%     15/9/2027         743,494      0.00%
       Finance   SCA
     Citigroup,    Inc.                       $600,000      4.75%     18/5/2046         742,675      0.00%
     Equitable   Financial   Life Global  Funding                $750,000      1.10%     12/11/2024         742,125      0.00%
     Westinghouse     Air Brake  Technologies     Corp.             $700,000      4.40%     15/3/2024         742,047      0.00%
     Apple,  Inc.                        $725,000      2.40%      3/5/2023        742,008      0.00%
     Intercontinental     Exchange,    Inc.                 $750,000      3.00%     15/9/2060         741,509      0.00%
     Verisk  Analytics,    Inc.                    $550,000      5.50%     15/6/2045         741,164      0.00%
     Dominion   Energy   South  Carolina,   Inc.               $515,000      5.10%      1/6/2065        741,081      0.00%
     Interstate   Power  & Light  Co.                  $706,000      3.25%     1/12/2024         741,036      0.00%
     Affiliated   Managers   Group,   Inc.                 $700,000      3.30%     15/6/2030         740,736      0.00%
     Government    National   Mortgage   Association                $710,390      3.00%     20/7/2047         740,721      0.00%
     United  Airlines   2020-1  Class  A Pass  Through   Trust           $677,475      5.88%     15/10/2027         740,525      0.00%
     Public  Service   Co. of Oklahoma                   $750,000      2.20%     15/8/2031         740,497      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $750,000      1.62%     25/12/2030         739,969      0.00%
     Federal   National   Mortgage   Association                 $681,170      4.50%      1/9/2049        739,000      0.00%
     American   International    Group,   Inc.                $600,000      4.38%     15/1/2055         738,404      0.00%
     BBCMS   Mortgage   Trust  2018                  $650,000      4.31%     15/12/2051         738,051      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Devon  Energy   Corp.                     $680,000      5.88%     15/6/2028        737,364      0.00%
     Vistra  Operations    Co. LLC                   $715,000      3.55%     15/7/2024        737,271      0.00%
     Caterpillar    Financial   Services   Corp.                $700,000      3.30%      9/6/2024        737,067      0.00%
     Federal   National   Mortgage   Association                 $712,068      2.50%      1/5/2035        736,754      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $675,696      4.00%      1/2/2041        736,659      0.00%
     Dow  Chemical   Co.                     $683,000      3.63%     15/5/2026        736,035      0.00%
     Applied   Materials,   Inc.                    $750,000      1.75%      1/6/2030        735,787      0.00%
     Federal   National   Mortgage   Association＾                 $750,000      1.49%     25/5/2030        735,682      0.00%
     Ventas   Realty  LP                     $712,000      2.65%     15/1/2025        735,582      0.00%
     General   Motors   Financial   Co.,  Inc.                $700,000      3.50%     7/11/2024        735,540      0.00%
     Pfizer,  Inc.                        $750,000      1.75%     18/8/2031        733,544      0.00%
     AT&T,  Inc.                        $625,000      4.65%      1/6/2044        733,383      0.00%
     PNC  Financial   Services   Group,   Inc.                $700,000      3.50%     23/1/2024        733,034      0.00%
     eBay,  Inc.                        $675,000      3.60%      5/6/2027        732,706      0.00%
                                217/362


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     Berkshire   Hathaway   Energy   Co.                 $600,000      4.25%     15/10/2050         732,610      0.00%
     General   Mills,  Inc.                     $700,000      3.70%     17/10/2023         732,600      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $713,185      2.00%      1/3/2036        732,567      0.00%
     Oracle  Corp.                        $700,000      3.40%      8/7/2024        732,520      0.00%
     Government    National   Mortgage   Association                $686,778      5.00%     20/5/2049        732,209      0.00%
     Sherwin-Williams      Co.                    $700,000      3.13%      1/6/2024        731,466      0.00%
     PepsiCo,   Inc.                       $700,000      2.38%     6/10/2026        731,463      0.00%
     International    Business   Machines   Corp.               $700,000      3.00%     15/5/2024        731,143      0.00%
     UnitedHealth     Group,   Inc.                   $600,000      4.20%     15/1/2047        730,991      0.00%
     Commonwealth     Edison  Co.                  $700,000      3.20%     15/11/2049         730,158      0.00%
     Metropolitan    Life Global  Funding   I               $675,000      3.45%     18/12/2026         728,384      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $750,000      1.37%     25/6/2030        726,918      0.00%
     Intel  Corp.                        $710,000      3.20%     12/8/2061        726,593      0.00%
     Morgan   Stanley                       $649,000      5.00%     24/11/2025         726,480      0.00%
     Aetna,  Inc.                        $650,000      3.88%     15/8/2047        726,184      0.00%
     Waste  Management,     Inc.                   $575,000      4.15%     15/7/2049        725,718      0.00%
     Government    National   Mortgage   Association                $664,941      4.00%     20/2/2041        725,671      0.00%
     S&P  Global,   Inc.                      $686,000      2.95%     22/1/2027        725,644      0.00%
     CVS  Health  Corp.                      $690,000      3.38%     12/8/2024        725,204      0.00%
     University    of Chicago                      $750,000      2.55%      1/4/2050        725,109      0.00%
     Home  Depot,  Inc.                     $550,000      4.88%     15/2/2044        724,406      0.00%
     Nationwide    Mutual   Insurance   Co.                $630,000      4.35%     30/4/2050        724,318      0.00%
     Toyota   Motor  Credit  Corp.                   $675,000      3.05%     11/1/2028        724,262      0.00%
     LC6  Commercial    Mortgage   Trust  2013               $715,695      2.94%     10/1/2046        724,027      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $725,000      2.18%     25/8/2036        723,084      0.00%
     Citigroup,    Inc.                       $680,000      3.30%     27/4/2025        722,682      0.00%
     Enterprise    Products   Operating    LLC                $600,000      4.85%     15/3/2044        722,285      0.00%
     Eli Lilly  & Co.                       $770,000      2.50%     15/9/2060        722,193      0.00%
     7-Eleven,   Inc.                       $725,000      0.63%     10/2/2023        722,052      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $700,000      2.75%     19/6/2023        721,924      0.00%
     AT&T,  Inc.                      EUR600,000       1.60%     19/5/2028        721,186      0.00%
     Berkshire   Hathaway,    Inc.                   $675,000      3.13%     15/3/2026        721,117      0.00%
     Federal   National   Mortgage   Association                 $680,667      3.50%      1/9/2029        719,892      0.00%
     Citigroup,    Inc.                       $550,000      5.30%      6/5/2044        719,318      0.00%
     Government    National   Mortgage   Association                $666,768      4.00%     20/10/2045         719,249      0.00%
     Intel  Corp.                        $600,000      4.10%     11/5/2047        719,183      0.00%
     FedEx  Corp.                        $600,000      4.55%      1/4/2046        718,578      0.00%
     Federal   National   Mortgage   Association                 $693,855      2.50%      1/4/2028        718,295      0.00%
     AEP  Transmission     Co. LLC                  $750,000      2.75%     15/8/2051        718,271      0.00%
     3M Co.                         $700,000      2.38%     26/8/2029        718,249      0.00%
     7-Eleven,   Inc.                       $725,000      0.80%     10/2/2024        716,674      0.00%
     Chubb  INA  Holdings,   Inc.                  EUR600,000       1.40%     15/6/2031        716,582      0.00%
     Kroger   Co.                        $550,000      5.15%      1/8/2043        716,574      0.00%
     Spectra   Energy   Partners   LP                  $675,000      3.38%     15/10/2026         716,424      0.00%
     Florida   Power  & Light  Co.                   $500,000      5.96%      1/4/2039        714,868      0.00%
     CSX  Corp.                        $550,000      4.75%     15/11/2048         713,860      0.00%
     PPG  Industries,    Inc.                     $700,000      2.55%     15/6/2030        713,772      0.00%
     Federal   National   Mortgage   Association                 $679,266      3.00%      1/2/2048        713,525      0.00%
     Lazard  Group  LLC                     $665,000      3.63%      1/3/2027        713,502      0.00%
     Microsoft   Corp.                       $700,000      2.38%      1/5/2023        713,197      0.00%
     General   Dynamics   Corp.                    $680,000      2.63%     15/11/2027         712,045      0.00%
     Union  Pacific  Corp.                      $650,000      3.38%      1/2/2035        711,801      0.00%
                                218/362

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     Humana,   Inc.                       $700,000      3.15%     1/12/2022        711,416      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $722,033      1.50%     1/12/2041        711,388      0.00%
     Oracle  Corp.                        $585,000      5.38%     15/7/2040        711,328      0.00%
     Walmart,   Inc.                       $695,000      2.55%     11/4/2023        710,325      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $677,992      3.00%      1/8/2046        709,805      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   Home  Loan  Mortgage   Corp.               $643,663      4.50%      1/8/2040        709,192       0.00%
     Lam  Research   Corp.                    $662,000      3.80%     15/3/2025         709,120       0.00%
     Merck  & Co.,  Inc.                    $650,000      3.40%      7/3/2029        708,715       0.00%
     Prudential    Financial,   Inc.                  $605,000      3.94%     7/12/2049         708,436       0.00%
     Federal   National   Mortgage   Association                $675,669      3.00%     1/10/2046         707,809       0.00%
     Federal   National   Mortgage   Association                $683,756      2.50%      1/6/2035        707,460       0.00%
     Gilead  Sciences,   Inc.                   $600,000      4.15%      1/3/2047        707,288       0.00%
     Federal   National   Mortgage   Association                $649,712      4.00%      1/9/2044        706,587       0.00%
     Altria  Group,   Inc.                    $625,000      4.80%     14/2/2029         705,855       0.00%
     Mid-America    Apartments    LP                 $670,000      3.75%     15/6/2024         705,560       0.00%
     Berkshire   Hathaway   Finance   Corp.              GBP500,000       2.38%     19/6/2039         705,488       0.00%
     Puget  Sound  Energy,   Inc.                  $590,000      4.30%     20/5/2045         705,224       0.00%
     Crown  Castle  International    Corp.                $575,000      4.75%     15/5/2047         705,207       0.00%
     Benchmark    2018-B5   Mortgage   Trust               $625,000      4.21%     15/7/2051         704,554       0.00%
     Chevron   Corp.                      $700,000      1.14%     11/5/2023         704,515       0.00%
     Government    National   Mortgage   Association              $663,836      4.00%     20/5/2048         703,804       0.00%
     Federal   National   Mortgage   Association                $666,650      3.00%      1/1/2043        703,573       0.00%
     Federal   National   Mortgage   Association                $669,638      3.00%     1/12/2036         702,349       0.00%
     Illinois  Tool  Works,   Inc.                 EUR600,000       1.00%      5/6/2031        702,326       0.00%
     Carrier   Global  Corp.                    $685,000      2.24%     15/2/2025         701,806       0.00%
     FedEx  Corp.                       $700,000      2.40%     15/5/2031         701,705       0.00%
     Government    National   Mortgage   Association              $642,736      4.00%     20/12/2040         701,438       0.00%
     Oracle  Corp.                       $675,000      2.95%     15/5/2025         700,551       0.00%
     Charter   Communications      Operating    LLC/Charter
                              $700,000      3.90%      1/6/2052        700,456       0.00%
       Communications      Operating    Capital
     Transcontinental      Gas  Pipe  Line  Co. LLC             $600,000      4.45%      1/8/2042        700,413       0.00%
     Thermo   Fisher  Scientific,   Inc.               EUR600,000       1.88%     1/10/2049         699,705       0.00%
     New  York  Life Global  Funding                  $750,000      1.20%      7/8/2030        699,680       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $675,570      2.50%      1/1/2029        699,454       0.00%
     TTX  Co.                       $600,000      3.90%      1/2/2045        699,366       0.00%
     Old Republic   International    Corp.                $645,000      3.88%     26/8/2026         699,347       0.00%
     Hess  Corp.                       $550,000      6.00%     15/1/2040         699,298       0.00%
     Government    National   Mortgage   Association              $671,215      3.50%     20/7/2051         699,034       0.00%
     Home  Depot,  Inc.                    $595,000      3.90%     15/6/2047         698,819       0.00%
     Florida   Power  & Light  Co.                  $670,000      3.25%      1/6/2024        698,699       0.00%
     ViacomCBS,    Inc.                     $550,000      4.95%     19/5/2050         698,601       0.00%
     Government    National   Mortgage   Association              $670,166      3.50%     20/3/2050         698,380       0.00%
     Guardian   Life Global  Funding                  $725,000      1.25%     19/11/2027         698,191       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $665,395      3.00%      1/1/2033        697,871       0.00%
     Duke  Energy   Florida   LLC                  $725,000      1.75%     15/6/2030         697,604       0.00%
     NiSource,   Inc.                      $570,000      4.80%     15/2/2044         697,486       0.00%
     Apple,  Inc.                      EUR556,000       2.00%     17/9/2027         697,328       0.00%
     Comcast   Corp.                      $732,000      2.99%     1/11/2063         695,724       0.00%
     JPMorgan   Chase  & Co.                   $500,000      5.63%     16/8/2043         695,357       0.00%
                                219/362


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     Euronet   Worldwide,    Inc.                 EUR600,000       1.38%     22/5/2026         695,223       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $650,692      3.50%     1/12/2045         695,012       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $635,927      4.50%      1/4/2049        694,088       0.00%
     Southern   California   Edison  Co.                $670,000      2.85%      1/8/2029        693,513       0.00%
     Becton   Dickinson   & Co.                  $550,000      4.67%      6/6/2047        693,128       0.00%
     Chubb  INA  Holdings,   Inc.                 EUR600,000       0.88%     15/12/2029         693,104       0.00%
     CVS  Health  Corp.                     $658,000      3.00%     15/8/2026         693,060       0.00%
     Invesco   Finance   plc                    $525,000      5.38%     30/11/2043         692,961       0.00%
     Government    National   Mortgage   Association              $654,083      3.50%     20/10/2044         692,409       0.00%
     PNC  Bank  NA                     $659,000      2.95%     23/2/2025         691,997       0.00%
     Ares  Capital   Corp.                     $700,000      2.15%     15/7/2026         691,603       0.00%
     AT&T,  Inc.                       $700,000      3.50%      1/2/2061        690,951       0.00%
     Burlington    Northern   Santa  Fe LLC               $565,000      4.40%     15/3/2042         690,612       0.00%
     DuPont   de Nemours,   Inc.                  $625,000      4.49%     15/11/2025         690,602       0.00%
     Comcast   Corp.                      $500,000      4.95%     15/10/2058         690,322       0.00%
     Baker  Hughes   Holdings   LLC                 $550,000      5.13%     15/9/2040         689,850       0.00%
     Federal   National   Mortgage   Association                $671,526      2.15%     25/10/2029         689,800       0.00%
     Federal   National   Mortgage   Association＾                $600,000      3.71%     25/9/2030         688,495       0.00%
     International    Business   Machines   Corp.             EUR600,000       1.20%     11/2/2040         688,091       0.00%
     Government    National   Mortgage   Association              $649,645      3.50%     20/5/2045         688,054       0.00%
     Ameriprise    Financial,   Inc.                  $644,000      3.70%     15/10/2024         687,485       0.00%
     Kellogg   Co.                      $700,000      2.10%      1/6/2030        687,011       0.00%
     EOG  Resources,    Inc.                   $675,000      2.63%     15/3/2023         686,657       0.00%
     Activision   Blizzard,   Inc.                  $640,000      3.40%     15/9/2026         685,570       0.00%
     Precision   Castparts   Corp.                  $675,000      2.50%     15/1/2023         685,519       0.00%
     AT&T,  Inc.                     EUR600,000       1.80%     14/9/2039         684,644       0.00%
     Utah  Acquisition    Sub,  Inc.                EUR569,000       2.25%     22/11/2024         683,717       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   National   Mortgage   Association＾                $600,000      3.64%     25/8/2030         682,844       0.00%
     Government    National   Mortgage   Association              $632,176      4.00%     20/9/2045         681,935       0.00%
     Metropolitan    Transportation     Authority               $500,000      5.18%     15/11/2049         681,846       0.00%
     Target  Corp.                       $650,000      2.50%     15/4/2026         681,630       0.00%
     Medtronic    Global  Holdings   SCA               EUR600,000       0.38%     15/10/2028         681,545       0.00%
     Laboratory    Corp.  of America   Holdings               $664,000      2.30%     1/12/2024         681,091       0.00%
     Boeing  Co.                       $650,000      3.90%      1/5/2049        680,948       0.00%
     CVS  Health  Corp.                     $650,000      2.88%      1/6/2026        680,898       0.00%
     Public  Service   Electric   & Gas Co.               $500,000      5.80%      1/5/2037        679,393       0.00%
     Federal   National   Mortgage   Association                $637,791      4.00%      1/7/2049        679,322       0.00%
     T-Mobile   USA,  Inc.                    $700,000      2.25%     15/11/2031         679,156       0.00%
     Federal   National   Mortgage   Association                $649,040      3.00%      1/4/2048        678,435       0.00%
     Costco   Wholesale    Corp.                   $700,000      1.60%     20/4/2030         678,283       0.00%
     Government    National   Mortgage   Association              $645,782      3.50%     20/6/2047         677,792       0.00%
     Government    National   Mortgage   Association              $646,063      3.00%     20/8/2045         677,733       0.00%
     Bank  of America   Corp.＾                  CA($)835,000        3.30%     24/4/2024         677,200       0.00%
     Merck  & Co.,  Inc.                    $650,000      2.90%      7/3/2024        677,150       0.00%
     Citigroup,    Inc.                    GBP500,000       1.75%     23/10/2026         677,080       0.00%
     LYB  International    Finance   III LLC               $687,000      1.25%     1/10/2025         676,942       0.00%
     Enterprise    Products   Operating    LLC               $500,000      6.88%      1/3/2033        676,920       0.00%
     Commonwealth     Edison  Co.                 $575,000      4.00%      1/3/2048        676,905       0.00%
     AT&T,  Inc.                     EUR500,000       3.15%      4/9/2036        676,777       0.00%
                                220/362


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     Prologis   Euro  Finance   LLC                EUR600,000       0.25%     10/9/2027         676,046       0.00%
     Energy   Transfer   LP                    $525,000      6.50%      1/2/2042        674,140       0.00%
     Citigroup,    Inc.＾                     $625,000      3.67%     24/7/2028         674,102       0.00%
     John  Deere  Financial,   Inc.                CA($)835,000        2.41%     14/1/2025         673,904       0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2018           $600,000      4.18%     15/6/2051         672,939       0.00%
     Walmart,   Inc.                      $600,000      3.70%     26/6/2028         672,687       0.00%
     Apple,  Inc.                       $670,000      0.75%     11/5/2023         672,435       0.00%
     Sherwin-Williams      Co.                   $618,000      3.95%     15/1/2026         671,754       0.00%
     CBRE  Services,   Inc.                    $600,000      4.88%      1/3/2026        671,601       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $648,287      3.00%      1/6/2050        671,527       0.00%
     JPMCC   Commercial    Mortgage   Securities   Trust  2017         $625,000      3.49%     15/7/2050         671,403       0.00%
     Oracle  Corp.                       $600,000      4.50%      8/7/2044        671,210       0.00%
     Devon  Energy   Corp.                    $580,000      4.75%     15/5/2042         671,121       0.00%
     Duke  Energy   Carolinas   LLC                 $600,000      3.75%      1/6/2045        671,080       0.00%
     Bank  of America   Corp.＾                   $700,000      1.92%     24/10/2031         670,863       0.00%
     Oglethorpe    Power  Corp.                   $525,000      5.38%     1/11/2040         670,816       0.00%
     Southern   Power  Co.                   EUR556,000       1.85%     20/6/2026         670,672       0.00%
     Mid-America    Apartments    LP                 $600,000      3.95%     15/3/2029         670,634       0.00%
     Burlington    Northern   Santa  Fe LLC               $550,000      4.38%      1/9/2042        670,335       0.00%
     JPMorgan   Chase  & Co.＾                   $550,000      4.26%     22/2/2048         670,171       0.00%
     Federal   Home  Loan  Banks                  $660,000      1.50%     15/8/2024         670,124       0.00%
     American   Tower  Corp.                   $641,000      3.38%     15/5/2024         669,950       0.00%
     Ohio  State  University                     $440,000      4.80%      1/6/2111        669,926       0.00%
     Government    National   Mortgage   Association              $634,475      3.00%     20/7/2043         669,633       0.00%
     Federal   National   Mortgage   Association                $623,982      3.50%      1/3/2041        669,348       0.00%
     Morgan   Stanley＾                      $700,000      1.93%     28/4/2032         668,830       0.00%
     Exelon  Corp.                       $600,000      4.05%     15/4/2030         668,613       0.00%
     CSX  Corp.                       $575,000      4.10%     15/3/2044         668,295       0.00%
     Fiserv,   Inc.                       $560,000      4.40%      1/7/2049        667,832       0.00%
     ERP  Operating    LP                    $650,000      2.50%     15/2/2030         667,545       0.00%
     JPMorgan   Chase  & Co.＾                   $690,000      1.04%      4/2/2027        667,493       0.00%
     Bristol-Myers     Squibb  Co.                  $700,000      1.45%     13/11/2030         666,503       0.00%
     Campbell   Soup  Co.                    $600,000      4.15%     15/3/2028         666,320       0.00%
     Verizon   Communications,      Inc.               EUR600,000       1.13%     19/9/2035         666,129       0.00%
     Government    National   Mortgage   Association              $624,403      4.00%     20/5/2047         666,079       0.00%
     Ventas   Realty  LP                    $570,000      4.75%     15/11/2030         665,683       0.00%
     Estee  Lauder   Cos,  Inc.                   $650,000      2.38%     1/12/2029         665,504       0.00%
     Wells  Fargo  & Co.＾                    $640,000      2.88%     30/10/2030         665,386       0.00%
     Stellantis   NV                     EUR600,000       1.25%     20/6/2033         665,078       0.00%
     Comcast   Corp.                      $540,000      4.65%     15/7/2042         664,417       0.00%
     General   Motors   Financial   Co.,  Inc.               $650,000      3.25%      5/1/2023        664,208       0.00%
     Schlumberger     Finance   BV                EUR600,000       0.50%     15/10/2031         664,111       0.00%
     JPMorgan   Chase  & Co.＾                   $600,000      4.01%     23/4/2029         662,880       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $654,876      2.00%      1/8/2041        662,376       0.00%
     Highland   Holdings   Sarl                  EUR580,000       0.93%     15/12/2031         660,763       0.00%
     Healthpeak    Properties,    Inc.                 $630,000      3.00%     15/1/2030         660,740       0.00%
     HSBC  Bank  USA  NA                   $425,000      7.00%     15/1/2039         660,412       0.00%
     Fox Corp.                        $625,000      4.03%     25/1/2024         660,161       0.00%
     Federal   National   Mortgage   Association                $636,891      2.50%      1/8/2027        659,754       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
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     Federal   Home  Loan  Mortgage   Corp.               $610,528      3.50%      1/1/2045        659,063       0.00%
     Boston   Scientific   Corp.                   $650,000      1.90%      1/6/2025        658,199       0.00%
     Southern   California   Edison  Co.                $500,000      6.05%     15/3/2039         658,109       0.00%
     Oracle  Corp.                       $625,000      3.85%     15/7/2036         657,982       0.00%
     DTE  Electric   Co.                    $655,000      2.25%      1/3/2030        657,778       0.00%
     Realty  Income   Corp.                   GBP500,000       1.13%     13/7/2027         657,560       0.00%
     WFRBS   Commercial    Mortgage   Trust  2012             $650,000      2.88%     15/12/2045         657,411       0.00%
     Athene   Holding   Ltd.                    $600,000      3.95%     25/5/2051         657,163       0.00%
     Philip  Morris  International,     Inc.               EUR600,000       0.80%      1/8/2031        656,790       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $625,866      3.00%     1/11/2036         656,785       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $621,056      3.50%      1/6/2033        656,532       0.00%
     Realty  Income   Corp.                   GBP500,000       1.75%     13/7/2033         656,451       0.00%
     Chevron   Corp.                      $650,000      1.55%     11/5/2025         656,445       0.00%
     ERP  Operating    LP                    $625,000      2.85%     1/11/2026         656,041       0.00%
     Government    National   Mortgage   Association              $620,077      3.00%     20/9/2042         656,022       0.00%
     Eastman   Chemical   Co.                   $550,000      4.65%     15/10/2044         655,550       0.00%
     AT&T,  Inc.                       $500,000      5.45%      1/3/2047        655,518       0.00%
     Neuberger    Berman   Group  LLC/Neuberger      Berman   Finance
                              $550,000      4.88%     15/4/2045         655,371       0.00%
       Corp.
     Federal   National   Mortgage   Association                $612,692      3.50%      1/7/2046        654,790       0.00%
     Walt  Disney  Co.                     $500,000      4.95%     15/10/2045         654,722       0.00%
     Mondelez   International    Holdings   Netherlands    BV         EUR600,000       1.25%      9/9/2041        654,103       0.00%
     UnitedHealth     Group,   Inc.                  $600,000      3.45%     15/1/2027         653,829       0.00%
     Eversource    Energy                     $585,000      4.25%      1/4/2029        653,151       0.00%
     Wells  Fargo  & Co.                    $625,000      3.00%     19/2/2025         653,106       0.00%
     Wells  Fargo  & Co.                   CA($)800,000        3.18%      8/2/2024        652,440       0.00%
     AT&T,  Inc.                       $600,000      3.80%     15/2/2027         652,318       0.00%
     PulteGroup,    Inc.                     $500,000      6.38%     15/5/2033         651,318       0.00%
     Federal   National   Mortgage   Association                $583,906      4.50%      1/4/2045        651,030       0.00%
     Wells  Fargo  & Co.                    $550,000      4.40%     14/6/2046         651,017       0.00%
     Alexandria    Real  Estate  Equities,   Inc.              $593,000      4.30%     15/1/2026         650,334       0.00%
     International    Business   Machines   Corp.              $565,000      4.00%     20/6/2042         649,303       0.00%
     Government    National   Mortgage   Association              $609,408      4.00%     20/9/2047         648,164       0.00%
     State  Street  Corp.                     $650,000      2.20%      3/3/2031        647,889       0.00%
     Broadcom,    Inc.                     $620,000      3.75%     15/2/2051         647,738       0.00%
     Burlington    Northern   Santa  Fe LLC               $525,000      4.45%     15/3/2043         647,725       0.00%
     FedEx  Corp.  2020-1  Class  AA Pass  Through   Trust          $662,569      1.88%     20/2/2034         647,626       0.00%
     International    Paper  Co.                   $425,000      7.30%     15/11/2039         647,525       0.00%
     Northrop   Grumman   Corp.                  $500,000      5.15%      1/5/2040        647,149       0.00%
     United  Parcel  Service,   Inc.                 $600,000      3.05%     15/11/2027         646,869       0.00%
     Pfizer,  Inc.                       $600,000      3.00%     15/12/2026         646,441       0.00%
     Kinder  Morgan,   Inc.                    $597,000      4.30%      1/6/2025        646,035       0.00%
     Home  Depot,  Inc.                    $450,000      5.95%      1/4/2041        644,995       0.00%
     7-Eleven,   Inc.                      $700,000      2.50%     10/2/2041         644,837       0.00%
     Bank  of America   Corp.＾                   $550,000      4.24%     24/4/2038         644,410       0.00%
     Parker-Hannifin     Corp.                    $550,000      4.00%     14/6/2049         643,110       0.00%
     Burlington    Northern   Santa  Fe LLC               $500,000      4.70%      1/9/2045        643,028       0.00%
     Williams   Cos,  Inc.                    $475,000      6.30%     15/4/2040         642,757       0.00%
     Federal   National   Mortgage   Association                $593,523      4.00%     1/10/2045         642,728       0.00%
     Union  Pacific  Corp.                    $650,000      2.97%     16/9/2062         642,063       0.00%
     ONEOK,   Inc.                      $580,000      4.55%     15/7/2028         641,911       0.00%
     Coca-Cola    Co.                    EUR600,000       0.80%     15/3/2040         641,584       0.00%
                                222/362


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     Hartford   Financial   Services   Group,   Inc.             $475,000      5.95%     15/10/2036         641,536       0.00%
     Lincoln   National   Corp.                   $606,000      3.35%      9/3/2025        641,415       0.00%
     Booking   Holdings,   Inc.                   $550,000      4.63%     13/4/2030         641,175       0.00%
     ERAC  USA  Finance   LLC                  $625,000      2.70%     1/11/2023         641,043       0.00%
     Emerson   Electric   Co.                   $650,000      1.95%     15/10/2030         640,816       0.00%
     General   Dynamics   Corp.                   $500,000      4.25%      1/4/2050        640,552       0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.          $602,000      3.25%     1/11/2025         640,486       0.00%
     PacifiCorp                         $540,000      4.15%     15/2/2050         640,344       0.00%
     Oncor  Electric   Delivery   Co. LLC                $550,000      3.80%      1/6/2049        639,826       0.00%
     Walmart,   Inc.                      $420,000      6.20%     15/4/2038         639,501       0.00%
     Microsoft   Corp.                      $525,000      4.10%      6/2/2037        639,046       0.00%
     Walgreens    Boots  Alliance,   Inc.                $600,000      3.45%      1/6/2026        638,965       0.00%
     Amazon.com,     Inc.                    $500,000      4.80%     5/12/2034         638,887       0.00%
     Federal   National   Mortgage   Association                $621,382      2.50%      1/5/2040        638,753       0.00%
     General   Motors   Co.                    $500,000      5.40%      1/4/2048        638,668       0.00%
     JPMorgan   Chase  & Co.＾                 CA($)820,000        1.90%      5/3/2028        638,442       0.00%
     Federal   National   Mortgage   Association                $597,839      3.50%     1/12/2045         638,376       0.00%
     Reliance   Standard   Life Global  Funding   II            $650,000      1.51%     28/9/2026         637,999       0.00%
     Norfolk   Southern   Corp.                   $604,000      2.90%     15/6/2026         637,081       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $593,512      3.50%      1/7/2042        637,036       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     PartnerRe    Ireland  Finance   DAC                EUR542,000       1.25%     15/9/2026         636,887      0.00%
     TWDC   Enterprises    18 Corp.                   $600,000      3.15%     17/9/2025         636,560      0.00%
     Wells  Fargo  & Co.                     $505,000      4.90%     17/11/2045         636,505      0.00%
     Goldman   Sachs  Group,   Inc.                  $600,000      4.00%      3/3/2024        636,491      0.00%
     Coca-Cola    Co.                      $500,000      4.20%     25/3/2050         635,771      0.00%
     Synchrony    Financial                      $600,000      4.38%     19/3/2024         633,905      0.00%
     Aetna,  Inc.                        $600,000      3.50%     15/11/2024         633,829      0.00%
     Government    National   Mortgage   Association                $604,050      3.00%     20/7/2045         633,660      0.00%
     Bank  of America   Corp.                    $575,000      4.45%      3/3/2026        633,611      0.00%
     Martin  Marietta   Materials,   Inc.                 $625,000      3.20%     15/7/2051         633,029      0.00%
     Gilead  Sciences,   Inc.                     $600,000      2.95%      1/3/2027        632,044      0.00%
     Norfolk   Southern   Corp.                    $500,000      4.84%     1/10/2041         631,611      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $650,000      1.41%     25/8/2030         631,561      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $592,658      3.00%      1/5/2051        631,116      0.00%
     Wells  Fargo  & Co.                     $600,000      3.00%     23/10/2026         631,061      0.00%
     Enterprise    Products   Operating    LLC                $500,000      4.95%     15/10/2054         630,916      0.00%
     Florida   Power  & Light  Co.                   $525,000      3.95%      1/3/2048        630,554      0.00%
     Mars,  Inc.                        $525,000      3.95%      1/4/2049        630,388      0.00%
     AT&T,  Inc.                        $525,000      4.90%     15/6/2042         630,335      0.00%
     Vulcan  Materials   Co.                    $500,000      4.70%      1/3/2048        630,206      0.00%
     Republic   Services,   Inc.                    $615,000      3.05%      1/3/2050        630,029      0.00%
     Federal   National   Mortgage   Association                 $597,075      4.00%      1/5/2033        629,119      0.00%
     KeyCorp                          $575,000      4.15%     29/10/2025         629,119      0.00%
     Moody's   Corp.                       $600,000      3.25%     20/5/2050         629,115      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $591,475      3.50%      1/3/2048        628,738      0.00%
     Lowe's   Cos,  Inc.                      $500,000      5.00%     15/4/2040         628,518      0.00%
     AT&T,  Inc.                      EUR500,000       2.45%     15/3/2035         628,452      0.00%
     Federal   National   Mortgage   Association                 $595,735      3.00%      1/3/2042        627,627      0.00%
     Bristol-Myers     Squibb  Co.                   $471,000      5.00%     15/8/2045         627,227      0.00%
                                223/362


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     Morgan   Stanley                       $500,000      4.38%     22/1/2047         627,052      0.00%
     Jefferies   Financial   Group,   Inc.                  $600,000      5.50%     18/10/2023         626,861      0.00%
     CSX  Corp.                        $500,000      4.75%     30/5/2042         626,693      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $605,625      2.50%      1/3/2035        626,577      0.00%
     Marriott   International,     Inc.                   $600,000      3.13%     15/6/2026         626,368      0.00%
     AutoNation,    Inc.                      $575,000      4.50%     1/10/2025         625,634      0.00%
     AbbVie,   Inc.                      EUR500,000       2.13%     17/11/2028         625,483      0.00%
     Anthem,   Inc.                       $510,000      4.38%     1/12/2047         625,081      0.00%
     Discovery    Communications      LLC                 $575,000      3.95%     20/3/2028         624,522      0.00%
     Kinder  Morgan   Energy   Partners   LP               $584,000      4.25%      1/9/2024        623,054      0.00%
     Government    National   Mortgage   Association                $597,428      3.00%     20/10/2047         622,937      0.00%
     Ryder  System,   Inc.                     $600,000      3.75%      9/6/2023        622,351      0.00%
     Jefferies   Group  LLC/Jefferies     Group  Capital   Finance   Inc        $560,000      4.15%     23/1/2030         621,692      0.00%
     Walt  Disney  Co.                      $625,000      2.00%      1/9/2029        621,593      0.00%
     Federal   National   Mortgage   Association                 $600,000      2.49%     25/5/2026         621,106      0.00%
     Coca-Cola    Co.                      $625,000      2.75%      1/6/2060        620,854      0.00%
     Fiserv,   Inc.                        $600,000      2.75%      1/7/2024        620,556      0.00%
     Citigroup,    Inc.                       $600,000      3.50%     15/5/2023         620,471      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $551,610      5.00%      1/8/2044        620,301      0.00%
     State  Street  Corp.                      $575,000      3.55%     18/8/2025         620,254      0.00%
     Louisville   Gas  & Electric   Co.                  $586,000      3.30%     1/10/2025         620,041      0.00%
     Dell  International    LLC/EMC    Corp.                $550,000      4.90%     1/10/2026         620,008      0.00%
     Midwest   Connector    Capital   Co. LLC               $575,000      4.63%      1/4/2029        619,862      0.00%
     Federal   National   Mortgage   Association                 $590,610      3.00%     1/10/2036         619,460      0.00%
     Air Lease  Corp.                       $610,000      2.30%      1/2/2025        619,126      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $500,000      4.65%     1/12/2048         619,027      0.00%
     Apple,  Inc.                        $529,000      3.75%     12/9/2047         618,590      0.00%
     Kaiser  Foundation    Hospitals                    $600,000      3.00%      1/6/2051        618,571      0.00%
     Cox  Communications,      Inc.                   $575,000      3.50%     15/8/2027         618,261      0.00%
     Otis  Worldwide    Corp.                     $585,000      3.36%     15/2/2050         618,223      0.00%
     AEP  Transmission     Co. LLC                  $605,000      3.15%     15/9/2049         617,975      0.00%
     PepsiCo,   Inc.                       $600,000      2.75%     21/10/2051         617,786      0.00%
     Federal   National   Mortgage   Association                 $587,722      3.00%      1/9/2030        616,399      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $566,860      5.00%      1/3/2050        616,362      0.00%
     BANK  2018＾                        $540,000      4.41%     15/11/2061         616,134      0.00%
     Campbell   Soup  Co.                     $575,000      3.95%     15/3/2025         615,390      0.00%
     Federal   National   Mortgage   Association                 $579,518      3.50%      1/2/2050        615,060      0.00%
     American   Honda  Finance   Corp.                  $600,000      2.15%     10/9/2024         614,872      0.00%
     Entergy   Gulf  States  Louisiana   LLC                $557,000      5.59%     1/10/2024         614,595      0.00%
     TWDC   Enterprises    18 Corp.                 CA($)755,000        2.76%     7/10/2024         614,418      0.00%
     PECO  Energy   Co.                     $625,000      2.80%     15/6/2050         613,662      0.00%
     JPMorgan   Chase  & Co.＾                    $600,000      2.30%     15/10/2025         613,332      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Lam  Research   Corp.                     $600,000      3.13%     15/6/2060        613,330      0.00%
     CVS  Health  Corp.                      $500,000      4.88%     20/7/2035        613,278      0.00%
     Williams   Cos,  Inc.                      $600,000      3.70%     15/1/2023        613,029      0.00%
     Government    National   Mortgage   Association                $551,277      4.50%     20/8/2040        613,009      0.00%
     Verizon   Communications,      Inc.                CA($)779,000        2.50%     16/5/2030        612,068      0.00%
     Energy   Transfer   LP                     $490,000      6.13%     15/12/2045         611,700      0.00%
     Marsh  & McLennan    Cos,  Inc.                  $500,000      4.20%     1/3/2048        611,378      0.00%
                                224/362


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     Alabama   Power  Co.                     $550,000      3.70%     1/12/2047        611,027      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $619,769      1.50%     1/6/2041        610,632      0.00%
     Travelers   Cos,  Inc.                     $500,000      4.10%     4/3/2049        610,578      0.00%
     Morgan   Stanley                      CA($)750,000        3.00%     7/2/2024        610,249      0.00%
     Federal   National   Mortgage   Association                 $580,384      3.00%     1/4/2033        609,836      0.00%
     Chevron   Corp.                       $600,000      2.24%     11/5/2030        608,996      0.00%
     Government    National   Mortgage   Association                $580,899      3.00%     15/12/2045         608,632      0.00%
     CVS  Health  Corp.                      $600,000      2.75%     1/12/2022        608,349      0.00%
     Comcast   Corp.                       $685,000      2.65%     15/8/2062        608,282      0.00%
     Goldman   Sachs  Group,   Inc.                   $575,000      3.85%     8/7/2024        608,161      0.00%
     Progressive    Corp.                      $500,000      4.13%     15/4/2047        607,504      0.00%
     Fidelity   National   Information    Services,   Inc.            GBP406,000       3.36%     21/5/2031        607,106      0.00%
     McDonald's    Corp.                      $500,000      4.20%     1/4/2050        607,029      0.00%
     Sprint  Spectrum   Co. LLC/Sprint    Spectrum   Co. II LLC/Sprint
                                $550,000      5.15%     20/3/2028        606,840      0.00%
       Spectrum   Co. III  LLC
     Gray  Oak  Pipeline   LLC                    $600,000      2.00%     15/9/2023        606,694      0.00%
     Altria  Group,   Inc.                      $625,000      3.88%     16/9/2046        605,774      0.00%
     Time  Warner   Cable  LLC                    $500,000      5.50%     1/9/2041        605,693      0.00%
     Government    National   Mortgage   Association                $564,452      3.50%     20/6/2042        605,641      0.00%
     Home  Depot,  Inc.                      $575,000      3.75%     15/2/2024        605,140      0.00%
     Welltower,    Inc.                       $575,000      3.63%     15/3/2024        604,735      0.00%
     Welltower,    Inc.                       $575,000      3.10%     15/1/2030        603,712      0.00%
     Boston   Scientific   Corp.                     $475,000      4.70%     1/3/2049        603,289      0.00%
     GS Mortgage   Securities   Trust  2016＾                $565,000      3.44%     10/11/2049         603,028      0.00%
     Yale-New   Haven  Health  Services   Corp.               $650,000      2.50%     1/7/2050        602,923      0.00%
     US Bancorp                         $600,000      1.45%     12/5/2025        602,849      0.00%
     Kaiser  Foundation    Hospitals                    $600,000      2.81%     1/6/2041        602,839      0.00%
     Raytheon   Technologies     Corp.                  $600,000      3.03%     15/3/2052        602,823      0.00%
     Bank  of America   Corp.＾                     $600,000      2.97%     21/7/2052        602,543      0.00%
     International    Flavors   & Fragrances,    Inc.             EUR500,000       1.80%     25/9/2026        602,367      0.00%
     Nationwide    Financial   Services,   Inc.                $515,000      3.90%     30/11/2049         602,312      0.00%
     Emerson   Electric   Co.                    $600,000      1.80%     15/10/2027         602,270      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $575,277      3.00%     1/6/2048        601,848      0.00%
     Time  Warner   Cable  LLC                    $425,000      7.30%     1/7/2038        601,806      0.00%
     Unum  Group                        $570,000      4.00%     15/3/2024        601,761      0.00%
     CF Industries,    Inc.                     $500,000      4.95%     1/6/2043        601,758      0.00%
     Energy   Transfer   LP                     $490,000      6.05%     1/6/2041        601,329      0.00%
     Bay Area  Toll  Authority                      $600,000      3.13%     1/4/2055        601,168      0.00%
     Union  Pacific  Corp.                      $525,000      3.75%     5/2/2070        600,589      0.00%
     American   Tower  Corp.                     $550,000      3.95%     15/3/2029        600,559      0.00%
     Goldman   Sachs  Group,   Inc.                 EUR500,000       2.13%     30/9/2024        600,150      0.00%
     Federal   National   Mortgage   Association                 $578,646      3.00%     1/8/2049        600,076      0.00%
     American   Honda  Finance   Corp.                 EUR500,000       1.95%     18/10/2024         599,797      0.00%
     Federal   National   Mortgage   Association                 $550,223      4.00%     1/12/2041        599,686      0.00%
     AIG  Global  Funding                      $600,000      0.80%     7/7/2023        599,338      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $577,681      2.50%     1/2/2032        599,116      0.00%
     Federal   Home  Loan  Banks                    $600,000      1.25%     21/12/2026         599,060      0.00%
     Atmos  Energy   Corp.                     $500,000      4.13%     15/3/2049        598,601      0.00%
     Federal   Farm  Credit  Banks  Funding   Corp.              $600,000      0.13%     3/2/2023        598,099      0.00%
     Federal   National   Mortgage   Association＾                 $565,575      2.78%     25/2/2027        597,802      0.00%
     Government    National   Mortgage   Association                $565,559      4.50%     20/5/2049        597,750      0.00%
     Bristol-Myers     Squibb  Co.                   $630,000      2.55%     13/11/2050         597,465      0.00%
                                225/362

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     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $525,000      3.90%     25/8/2028        597,041      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $568,101      3.00%     1/2/2046        597,001      0.00%
     Brighthouse    Financial,   Inc.                   $500,000      5.63%     15/5/2030        596,887      0.00%
     Federal   National   Mortgage   Association                 $546,002      4.00%     1/7/2042        596,355      0.00%
     MPLX  LP                        $559,000      4.00%     15/2/2025        595,956      0.00%
     Costco   Wholesale    Corp.                    $600,000      1.38%     20/6/2027        595,680      0.00%
     NextEra   Energy   Capital   Holdings,   Inc.               $600,000      1.90%     15/6/2028        595,485      0.00%
     PayPal  Holdings,   Inc.                     $565,000      2.85%     1/10/2029        595,189      0.00%
     Federal   National   Mortgage   Association                 $545,929      4.00%     1/1/2041        595,156      0.00%
     Textron,   Inc.                       $550,000      4.00%     15/3/2026        594,906      0.00%
     Government    National   Mortgage   Association                $569,134      3.50%     20/6/2049        594,829      0.00%
     United  Parcel  Service,   Inc.                   $500,000      3.75%     15/11/2047         594,804      0.00%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Boston   Gas  Co.                     $580,000      3.00%      1/8/2029        594,749       0.00%
     Citibank   Credit  Card  Issuance   Trust               $575,000      3.29%     23/5/2025         594,484       0.00%
     Becton   Dickinson   & Co.                   $567,000      3.36%      6/6/2024        593,665       0.00%
     Principal   Life Global  Funding   II                $600,000      1.25%     23/6/2025         593,626       0.00%
     CD 2018-CD7    Mortgage   Trust                 $525,000      4.28%     15/8/2051         593,418       0.00%
     Marriott   International,     Inc.                  $525,000      4.63%     15/6/2030         593,178       0.00%
     Walmart,   Inc.                      $485,000      4.00%     11/4/2043         593,002       0.00%
     Kaiser  Foundation    Hospitals                   $550,000      3.27%     1/11/2049         592,966       0.00%
     Sherwin-Williams      Co.                    $475,000      4.50%      1/6/2047        592,657       0.00%
     Baxter  International,     Inc.                 EUR500,000       1.30%     15/5/2029         592,454       0.00%
     Eli Lilly  & Co.                     GBP451,000       1.63%     14/9/2043         592,301       0.00%
     AT&T,  Inc.                      EUR500,000       2.75%     19/5/2023         591,601       0.00%
     Marathon   Petroleum    Corp.                   $520,000      4.50%      1/4/2048        591,472       0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $515,000      3.95%      1/4/2050        591,462       0.00%
     Chevron   USA,  Inc.                    $545,000      3.25%     15/10/2029         591,433       0.00%
     Zoetis,   Inc.                       $600,000      2.00%     15/5/2030         591,290       0.00%
     Walgreens    Boots  Alliance,   Inc.                 $490,000      4.80%     18/11/2044         590,981       0.00%
     Citigroup,    Inc.                     EUR500,000       1.25%     10/4/2029         590,970       0.00%
     Dominion   Energy,   Inc.                   $450,000      5.95%     15/6/2035         590,710       0.00%
     Procter   & Gamble   Co.                   $506,000      3.55%     25/3/2040         590,510       0.00%
     DXC  Technology    Co.                  EUR500,000       1.75%     15/1/2026         589,735       0.00%
     Bank  of America   Corp.＾                    $600,000      2.30%     21/7/2032         589,220       0.00%
     Public  Storage                       $550,000      3.09%     15/9/2027         589,103       0.00%
     UnitedHealth     Group,   Inc.                  $450,000      4.75%     15/7/2045         588,862       0.00%
     Amgen,   Inc.                       $575,000      2.20%     21/2/2027         588,312       0.00%
     Eaton  Corp.                       $500,000      4.15%     2/11/2042         588,156       0.00%
     American   Tower  Corp.                   EUR500,000       1.38%      4/4/2025        587,610       0.00%
     Discovery    Communications      LLC                $475,000      5.20%     20/9/2047         587,353       0.00%
     Anthem,   Inc.                      $575,000      2.95%     1/12/2022         586,083       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $570,088      2.50%      1/1/2041        586,035       0.00%
     Walt  Disney  Co.                     $575,000      1.75%     30/8/2024         584,984       0.00%
     Public  Service   Co. of Colorado                  $600,000      1.88%     15/6/2031         584,842       0.00%
     ONEOK,   Inc.                      $400,000      7.15%     15/1/2051         584,475       0.00%
     Aetna,  Inc.                       $475,000      4.75%     15/3/2044         584,464       0.00%
     Exxon  Mobil  Corp.                     $565,000      2.28%     16/8/2026         584,179       0.00%
     Anthem,   Inc.                      $525,000      3.60%     15/3/2051         583,715       0.00%
                                226/362


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     AT&T,  Inc.                       $500,000      4.50%      9/3/2048        583,561       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $546,362      4.00%      1/8/2048        582,787       0.00%
     Wells  Fargo  & Co.                   CA($)730,000        2.49%     18/2/2027         582,731       0.00%
     Government    National   Mortgage   Association               $543,070      3.50%     20/1/2043         582,700       0.00%
     ONEOK,   Inc.                      $500,000      4.95%     13/7/2047         582,604       0.00%
     Carrier   Global  Corp.                    $570,000      2.72%     15/2/2030         582,342       0.00%
     Southern   Co. Gas Capital   Corp.                 $500,000      4.40%     30/5/2047         582,232       0.00%
     Federal   National   Mortgage   Association                $582,422      2.00%     1/12/2045         581,999       0.00%
     Visa,  Inc.                        $500,000      3.65%     15/9/2047         581,919       0.00%
     Federal   National   Mortgage   Association                $542,393      3.50%     1/12/2041         581,855       0.00%
     Raytheon   Technologies     Corp.                  $500,000      4.05%      4/5/2047        581,789       0.00%
     CSX  Corp.                        $475,000      4.25%     1/11/2066         581,613       0.00%
     Kimberly-Clark     Corp.                    $600,000      1.05%     15/9/2027         581,558       0.00%
     Federal   National   Mortgage   Association                $525,544      5.00%     1/10/2049         581,451       0.00%
     Chubb  INA  Holdings,   Inc.                 EUR500,000       0.88%     15/6/2027         581,354       0.00%
     University    of California                     $400,000      4.86%     15/5/2112         581,318       0.00%
     Federal   National   Mortgage   Association                $550,000      2.52%     25/8/2029         580,992       0.00%
     Fortune   Brands   Home  & Security,   Inc.              $541,000      4.00%     15/6/2025         580,430       0.00%
     AT&T,  Inc.                       $522,000      4.10%     15/2/2028         580,207       0.00%
     AT&T,  Inc.                      EUR500,000       1.30%      5/9/2023        580,204       0.00%
     Franciscan    Missionaries    of Our  Lady  Health  System,   Inc.        $500,000      3.91%      1/7/2049        579,523       0.00%
     AT&T,  Inc.                      EUR500,000       1.05%      5/9/2023        579,506       0.00%
     Harley-Davidson      Financial   Services,   Inc.            EUR500,000       0.90%     19/11/2024         579,314       0.00%
     Merck  & Co.,  Inc.                     $575,000      1.70%     10/6/2027         578,831       0.00%
     Bank  of America   Corp.＾                   EUR500,000       0.81%      9/5/2026        578,679       0.00%
     Government    National   Mortgage   Association               $572,832      2.00%     20/10/2050         578,621       0.00%
     Fidelity   National   Information    Services,   Inc.           EUR500,000       1.00%     3/12/2028         578,432       0.00%
     Norfolk   Southern   Corp.                    $500,000      3.94%     1/11/2047         578,281       0.00%
     Port  Authority   of New  York  & New  Jersey              $435,000      4.46%     1/10/2062         578,157       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $557,397      2.50%     1/11/2031         578,079       0.00%
     Tyson  Foods,  Inc.                     $475,000      4.88%     15/8/2034         578,027       0.00%
     Stellantis   NV                      $550,000      5.25%     15/4/2023         577,897       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $548,820      3.00%     1/10/2045         576,739       0.00%
     Citigroup,    Inc.                     EUR500,000       0.75%     26/10/2023         576,720       0.00%
     Cameron   LNG  LLC                    $550,000      3.30%     15/1/2035         576,564       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Raytheon   Technologies     Corp.                 $450,000      4.63%     16/11/2048         576,195       0.00%
     Illinois  Tool  Works,   Inc.                 EUR500,000       0.63%     5/12/2027         575,917       0.00%
     University    of California                     $500,000      4.60%     15/5/2031         575,772       0.00%
     Government    National   Mortgage   Association              $535,532      3.50%     20/7/2043         575,409       0.00%
     Stryker   Corp.                     EUR500,000       1.00%     3/12/2031         575,066       0.00%
     CSX  Corp.                       $400,000      6.22%     30/4/2040         574,858       0.00%
     Mondelez   International    Holdings   Netherlands    BV         EUR500,000       0.88%     1/10/2031         574,686       0.00%
     Charter   Communications      Operating    LLC/Charter
                              $500,000      5.05%     30/3/2029         574,679       0.00%
       Communications      Operating    Capital
     PepsiCo,   Inc.                     EUR500,000       0.50%      6/5/2028        574,487       0.00%
     Travelers   Cos,  Inc.                    $450,000      4.60%      1/8/2043        572,747       0.00%
     Integris   Baptist   Medical   Center,   Inc.              $500,000      3.88%     15/8/2050         571,731       0.00%
     Apple,  Inc.                       $585,000      1.65%     11/5/2030         571,554       0.00%
     Citigroup   COmmercial    Mortgage   Trust  2018            $500,000      4.41%     10/11/2051         571,500       0.00%
                                227/362


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     Capital   One  Financial   Corp.                  $542,000      3.30%     30/10/2024         571,336       0.00%
     Federal   National   Mortgage   Association                $552,219      2.50%     1/11/2034         571,291       0.00%
     Halliburton    Co.                     $415,000      6.70%     15/9/2038         570,940       0.00%
     Medtronic    Global  Holdings   SCA               EUR500,000       0.00%     15/3/2023         570,624       0.00%
     Digital  Realty  Trust  LP                  $525,000      3.60%      1/7/2029        570,378       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $578,317      1.50%      1/1/2041        570,111       0.00%
     Government    National   Mortgage   Association              $541,225      4.00%     20/7/2049         569,979       0.00%
     Ameriprise    Financial,   Inc.                  $541,000      2.88%     15/9/2026         569,932       0.00%
     Enterprise    Products   Operating    LLC               $500,000      4.25%     15/2/2048         569,777       0.00%
     Energy   Transfer   LP                    $500,000      5.95%     1/12/2025         569,701       0.00%
     Motorola   Solutions,   Inc.                  $534,000      4.00%      1/9/2024        569,359       0.00%
     Duke  Energy   Indiana   LLC                  $550,000      3.25%     1/10/2049         569,058       0.00%
     Citizens   Financial   Group,   Inc.                $543,000      4.30%     11/2/2031         569,014       0.00%
     Toyota   Motor  Credit  Corp.                 EUR500,000       0.25%     16/7/2026         568,926       0.00%
     PulteGroup,    Inc.                     $500,000      5.50%      1/3/2026        568,902       0.00%
     Booking   Holdings,   Inc.                  EUR500,000       0.10%      8/3/2025        568,858       0.00%
     BorgWarner,    Inc.                     $550,000      2.65%      1/7/2027        568,666       0.00%
     Morgan   Stanley＾                      $600,000      1.79%     13/2/2032         568,566       0.00%
     Intel  Corp.                       $500,000      3.90%     25/3/2030         568,349       0.00%
     DH Europe   Finance   II Sarl                EUR500,000       0.20%     18/3/2026         568,099       0.00%
     Discover   Bank                      $500,000      4.65%     13/9/2028         568,046       0.00%
     New  York  Life Global  Funding                 EUR500,000       0.25%     23/1/2027         568,026       0.00%
     Amcor  Finance   USA,  Inc.                  $500,000      4.50%     15/5/2028         567,998       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $541,230      3.00%      1/2/2037        567,975       0.00%
     Bank  of America   Corp.＾                  EUR500,000       0.58%     24/8/2028         567,501       0.00%
     DH Europe   Finance   II Sarl                EUR500,000       1.35%     18/9/2039         567,307       0.00%
     Union  Pacific  Corp.                    $506,000      3.60%     15/9/2037         567,253       0.00%
     Metropolitan    Life Global  Funding   I              $600,000      1.55%      7/1/2031        567,217       0.00%
     BlackRock,    Inc.                     $525,000      3.20%     15/3/2027         566,940       0.00%
     Federal   National   Mortgage   Association                $550,000      2.29%     25/6/2026         566,813       0.00%
     salesforce.com,     Inc.                    $550,000      3.05%     15/7/2061         566,391       0.00%
     Government    National   Mortgage   Association              $538,729      3.00%     20/12/2044         566,344       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $523,671      4.00%      1/8/2045        566,113       0.00%
     American   Express   Co.                   $550,000      3.40%     27/2/2023         565,878       0.00%
     Prologis   Euro  Finance   LLC                EUR500,000       0.38%      6/2/2028        565,843       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $518,821      4.00%      1/2/2045        565,670       0.00%
     Stellantis   NV                     EUR500,000       0.63%     30/3/2027         565,371       0.00%
     TWDC   Enterprises    18 Corp.                 $400,000      7.00%      1/3/2032        564,981       0.00%
     American   Tower  Corp.                   $550,000      2.40%     15/3/2025         564,970       0.00%
     ViacomCBS,    Inc.                     $500,000      4.20%     19/5/2032         564,615       0.00%
     MidAmerican     Energy   Co.                  $500,000      3.65%      1/8/2048        564,427       0.00%
     NextEra   Energy   Capital   Holdings,   Inc.              $520,000      3.55%      1/5/2027        564,318       0.00%
     PACCAR   Financial   Europe   BV               EUR500,000       0.00%      1/3/2026        564,144       0.00%
     Newmont   Corp.                      $450,000      4.88%     15/3/2042         564,024       0.00%
     John  Deere  Capital   Corp.                   $550,000      2.80%      6/3/2023        564,012       0.00%
     Southern   Co.                      $550,000      2.95%      1/7/2023        563,660       0.00%
     Consumers    Energy   Co.                   $500,000      3.50%      1/8/2051        563,610       0.00%
     Federal   National   Mortgage   Association＾                $543,497      3.06%     25/6/2024         563,503       0.00%
     Starbucks   Corp.                      $455,000      4.50%     15/11/2048         563,052       0.00%
     Caterpillar    Financial   Services   Corp.               $575,000      0.90%      2/3/2026        562,746       0.00%
     Prudential    Financial,   Inc.＾                  $500,000      5.70%     15/9/2048         562,548       0.00%
     Government    National   Mortgage   Association              $524,021      3.50%     20/8/2042         562,260       0.00%
                                228/362

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     Federal   National   Mortgage   Association                $536,716      3.00%      1/3/2048        561,913       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $562,186      2.00%      1/9/2050        561,778       0.00%
     Amgen,   Inc.                      $453,000      4.56%     15/6/2048         560,951       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $524,441      4.00%     1/11/2048         560,799       0.00%
     AT&T,  Inc.                       $550,000      2.30%      1/6/2027        560,537       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     GATX  Corp.                        $575,000      3.10%     1/6/2051        560,496      0.00%
     Federal   National   Mortgage   Association                 $478,669      6.50%     1/10/2037        560,335      0.00%
     Federal   National   Mortgage   Association                 $514,124      4.00%     1/12/2040        560,309      0.00%
     Government    National   Mortgage   Association                $494,592      5.00%     20/7/2040        559,459      0.00%
     Verizon   Communications,      Inc.                  $499,000      4.02%     3/12/2029        559,322      0.00%
     Welltower,    Inc.                       $500,000      4.13%     15/3/2029        559,218      0.00%
     Southwestern     Public  Service   Co.                 $500,000      3.70%     15/8/2047        559,144      0.00%
     MidAmerican     Energy   Co.                   $440,000      4.80%     15/9/2043        559,048      0.00%
     Port  Authority   of New  York  & New  Jersey               $400,000      4.93%     1/10/2051        558,917      0.00%
     PerkinElmer,    Inc.                      $525,000      3.30%     15/9/2029        558,846      0.00%
     Federal   National   Mortgage   Association                 $524,392      3.50%     1/12/2037        558,778      0.00%
     Anthem,   Inc.                       $500,000      3.70%     15/9/2049        558,386      0.00%
     Dollar  Tree,  Inc.                      $500,000      4.20%     15/5/2028        558,220      0.00%
     UnitedHealth     Group,   Inc.                   $500,000      3.85%     15/6/2028        557,839      0.00%
     Johnson   & Johnson                       $534,000      2.63%     15/1/2025        557,715      0.00%
     US Treasury   Note                      $535,000      2.25%     15/11/2025         557,403      0.00%
     CME  Group,   Inc.                      $400,000      5.30%     15/9/2043        557,068      0.00%
     Continental    Resources,    Inc.                  $500,000      4.90%     1/6/2044        557,036      0.00%
     Federal   National   Mortgage   Association                 $520,049      4.00%     1/5/2047        556,759      0.00%
     Government    National   Mortgage   Association                $525,611      3.50%     20/12/2045         556,686      0.00%
     Walt  Disney  Co.                      $550,000      1.75%     13/1/2026        556,477      0.00%
     Entergy   Louisiana   LLC                    $500,000      5.40%     1/11/2024        556,188      0.00%
     State  Street  Corp.                      $522,000      3.30%     16/12/2024         556,056      0.00%
     American   Tower  Corp.                    EUR500,000       1.25%     21/5/2033        555,724      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $518,835      4.00%     1/6/2047        555,631      0.00%
     Dell  International    LLC/EMC    Corp.                 $526,000      5.45%     15/6/2023        555,502      0.00%
     ViacomCBS,    Inc.                      $500,000      4.20%     1/6/2029        555,289      0.00%
     McDonald's    Corp.                      $450,000      4.45%     1/9/2048        554,787      0.00%
     Hewlett   Packard   Enterprise    Co.                 $414,000      6.35%     15/10/2045         554,401      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $529,089      3.00%     1/3/2047        554,147      0.00%
     Government    National   Mortgage   Association                $507,643      4.00%     20/11/2040         554,007      0.00%
     Virginia   Electric   & Power  Co.                  $525,000      2.88%     15/7/2029        553,943      0.00%
     UDR,  Inc.                        $535,000      3.10%     1/11/2034        553,744      0.00%
     Duke  Energy   Progress   LLC                   $500,000      3.60%     15/9/2047        553,658      0.00%
     Coca-Cola    Co.                       $500,000      3.45%     25/3/2030        553,512      0.00%
     FS KKR  Capital   Corp.                     $543,000      3.40%     15/1/2026        553,480      0.00%
     Enable  Midstream    Partners   LP                 $515,000      4.15%     15/9/2029        553,329      0.00%
     Arthur  J Gallagher   & Co.                   $525,000      3.50%     20/5/2051        552,767      0.00%
     Walmart,   Inc.                       $435,000      4.05%     29/6/2048        552,631      0.00%
     QUALCOMM,     Inc.                     $582,000      1.65%     20/5/2032        552,249      0.00%
     Chevron   Corp.                       $535,000      3.19%     24/6/2023        551,996      0.00%
     Pfizer,  Inc.                        $450,000      4.00%     15/3/2049        551,653      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $500,000      3.29%     25/3/2029        551,611      0.00%
     Discovery    Communications      LLC                 $500,000      4.13%     15/5/2029        551,507      0.00%
                                229/362


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     Bank  of America   Corp.＾                     $500,000      3.48%     13/3/2052        551,078      0.00%
     Keurig  Dr Pepper,   Inc.                    $528,000      4.06%     25/5/2023        550,266      0.00%
     Government    National   Mortgage   Association                $522,156      4.00%     20/11/2049         550,197      0.00%
     Coca-Cola    Co.                      EUR500,000       0.50%     9/3/2033        549,752      0.00%
     Aircastle   Ltd.                       $500,000      5.25%     11/8/2025        549,708      0.00%
     Union  Pacific  Corp.                      $525,000      2.89%     6/4/2036        549,450      0.00%
     General   Motors   Co.                     $500,000      4.20%     1/10/2027        548,995      0.00%
     Micron   Technology,    Inc.                    $500,000      4.19%     15/2/2027        548,955      0.00%
     NextEra   Energy   Capital   Holdings,   Inc.               $550,000      0.65%     1/3/2023        548,862      0.00%
     Lincoln   National   Corp.                     $500,000      3.80%     1/3/2028        548,820      0.00%
     Government    National   Mortgage   Association                $518,542      3.00%     20/6/2042        548,601      0.00%
     Essex  Portfolio   LP                     $545,000      2.65%     15/3/2032        548,259      0.00%
     CommonSpirit     Health                     $470,000      4.19%     1/10/2049        548,091      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $515,000      2.80%     25/8/2034        547,820      0.00%
     Boeing  Co.                        $525,000      4.51%     1/5/2023        547,691      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $515,206      4.00%     1/5/2050        547,566      0.00%
     Boeing  Co.                        $500,000      4.88%     1/5/2025        547,534      0.00%
     Honeywell    International,     Inc.                  $525,000      2.80%     1/6/2050        547,388      0.00%
     American   Express   Co.                    $525,000      3.70%     3/8/2023        547,298      0.00%
     Delta  Air Lines,  Inc./SkyMiles     IP Ltd.               $500,000      4.75%     20/10/2028         546,923      0.00%
     Kimberly-Clark     Corp.                     $500,000      3.20%     30/7/2046        546,877      0.00%
     Bank  of America   Corp.＾                     $525,000      3.09%     1/10/2025        546,605      0.00%
     LC21  Commercial    Mortgage   Trust  2015               $515,000      3.71%     10/7/2048        546,291      0.00%
     Goldman   Sachs  Group,   Inc.                   $400,000      6.45%     1/5/2036        546,253      0.00%
     Exxon  Mobil  Corp.                     EUR500,000       1.41%     26/6/2039        546,216      0.00%
     Government    National   Mortgage   Association                $516,172      3.00%     20/8/2042        546,094      0.00%
     Marathon   Petroleum    Corp.                   $500,000      4.70%     1/5/2025        545,961      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Federal   Home  Loan  Mortgage   Corp.                $516,755      3.50%      1/1/2049        545,654      0.00%
     Spirit  Realty  LP                      $550,000      2.70%     15/2/2032        545,596      0.00%
     Government    National   Mortgage   Association                $519,975      3.50%     20/8/2048        545,515      0.00%
     University    of Southern   California                   $330,000      5.25%     1/10/2111        545,177      0.00%
     Metropolitan    Life Global  Funding   I              EUR474,000       0.38%      9/4/2024        544,753      0.00%
     Midwest   Connector    Capital   Co. LLC                $525,000      3.90%      1/4/2024        544,724      0.00%
     Lennar   Corp.                        $500,000      4.75%     30/5/2025        544,434      0.00%
     PNC  Financial   Services   Group,   Inc.                $500,000      3.45%     23/4/2029        544,181      0.00%
     Wells  Fargo  & Co.                    CA($)650,000        3.87%     21/5/2025        543,762      0.00%
     Digital  Realty  Trust  LP                    $500,000      3.70%     15/8/2027        542,874      0.00%
     AbbVie,   Inc.                       $445,000      4.63%     1/10/2042        542,675      0.00%
     Bayer  US Finance   II LLC                   $465,000      4.65%     15/11/2043         542,526      0.00%
     Government    National   Mortgage   Association                $516,890      3.50%     20/2/2048        542,511      0.00%
     BANK  2017                        $500,000      3.63%     15/5/2050        542,268      0.00%
     Johnson   & Johnson                       $460,000      3.70%      1/3/2046        541,838      0.00%
     T-Mobile   USA,  Inc.                     $500,000      3.75%     15/4/2027        541,393      0.00%
     Progressive    Corp.                      $500,000      3.20%     26/3/2030        541,312      0.00%
     Ameren   Corp.                        $500,000      3.50%     15/1/2031        541,275      0.00%
     Home  Depot,  Inc.                      $440,000      4.25%      1/4/2046        540,940      0.00%
     Florida   Gas Transmission     Co. LLC                $500,000      4.35%     15/7/2025        540,665      0.00%
     Baptist   Healthcare    System   Obligated   Group              $500,000      3.54%     15/8/2050        540,452      0.00%
     QUALCOMM,     Inc.                     $500,000      3.25%     20/5/2027        539,888      0.00%
                                230/362


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     BANK  2017                        $499,000      3.52%     15/7/2060        539,853      0.00%
     Berkshire   Hathaway   Energy   Co.                 $400,000      5.95%     15/5/2037        539,213      0.00%
     Vulcan  Materials   Co.                     $500,000      3.50%      1/6/2030        539,018      0.00%
     BANK  2017                        $499,000      3.74%     15/7/2060        538,846      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $510,650      3.50%      1/9/2049        538,681      0.00%
     Xylem,   Inc.                        $450,000      4.38%     1/11/2046        538,564      0.00%
     Bank  of New  York  Mellon  Corp.                  $500,000      3.30%     23/8/2029        538,421      0.00%
     Blackstone    Holdings   Finance   Co. LLC               $530,000      2.50%     10/1/2030        538,386      0.00%
     Continental    Resources,    Inc.                  $550,000      2.88%      1/4/2032        538,235      0.00%
     Protective    Life Global  Funding                   $550,000      1.90%      6/7/2028        538,078      0.00%
     Amgen,   Inc.                        $500,000      3.20%     2/11/2027        538,072      0.00%
     Spirit  Realty  LP                      $550,000      2.10%     15/3/2028        537,924      0.00%
     Pfizer,  Inc.                        $435,000      4.13%     15/12/2046         537,656      0.00%
     Textron,   Inc.                       $500,000      3.65%     15/3/2027        537,245      0.00%
     Costco   Wholesale    Corp.                    $500,000      3.00%     18/5/2027        536,629      0.00%
     CD 2017-CD4    Mortgage   Trust＾                  $500,000      3.51%     10/5/2050        536,601      0.00%
     Digital  Intrepid   Holding   BV                 EUR500,000       0.63%     15/7/2031        536,540      0.00%
     Estee  Lauder   Cos,  Inc.                    $500,000      3.15%     15/3/2027        536,297      0.00%
     Procter   & Gamble   Co.                    $431,000      3.60%     25/3/2050        536,247      0.00%
     Texas  Instruments,    Inc.                    $500,000      2.90%     3/11/2027        536,027      0.00%
     Florida   Power  & Light  Co.                   $500,000      3.15%     1/10/2049        535,603      0.00%
     Arch  Capital   Group  Ltd.                    $500,000      3.64%     30/6/2050        535,516      0.00%
     Government    National   Mortgage   Association                $530,144      2.00%     20/8/2050        535,501      0.00%
     Baker  Hughes   Holdings   LLC/Baker    Hughes   Co.-Obligor,    Inc.       $525,000      2.77%     15/12/2022         535,357      0.00%
     DTE  Electric   Co.                      $450,000      3.95%      1/3/2049        535,213      0.00%
     AT&T,  Inc.                        $520,000      3.50%      1/6/2041        535,087      0.00%
     Government    National   Mortgage   Association                $504,952      3.50%     20/8/2045        534,806      0.00%
     MPLX  LP                        $475,000      4.50%     15/4/2038        534,465      0.00%
     CD 2017-CD4    Mortgage   Trust                  $500,000      3.75%     10/5/2050        534,256      0.00%
     Caterpillar    Financial   Services   Corp.                $550,000      1.10%     14/9/2027        534,043      0.00%
     CFCRE   Commercial    Mortgage   Trust  2017              $500,000      3.57%     15/6/2050        533,818      0.00%
     Federal   National   Mortgage   Association                 $514,381      2.50%      1/8/2033        533,283      0.00%
     Goldman   Sachs  Group,   Inc.                   $500,000      3.50%     16/11/2026         533,212      0.00%
     United  Parcel  Service,   Inc.                   $475,000      3.40%     15/11/2046         533,121      0.00%
     Kinder  Morgan   Energy   Partners   LP                $400,000      6.50%      1/2/2037        532,983      0.00%
     Owl  Rock  Technology    Finance   Corp.                $500,000      4.75%     15/12/2025         532,578      0.00%
     Raytheon   Technologies     Corp.                  $500,000      3.13%      4/5/2027        532,528      0.00%
     Otis  Worldwide    Corp.                     $525,000      2.57%     15/2/2030        532,401      0.00%
     Lennar   Corp.                        $500,000      4.50%     30/4/2024        531,625      0.00%
     Government    National   Mortgage   Association                $499,091      4.00%     20/7/2047        531,618      0.00%
     Precision   Castparts   Corp.                    $500,000      3.25%     15/6/2025        531,263      0.00%
     LYB  International    Finance   III LLC                $500,000      3.63%      1/4/2051        531,111      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $500,000      3.28%     25/6/2025        531,036      0.00%
     Wells  Fargo  & Co.                     $475,000      4.30%     22/7/2027        530,952      0.00%
     FedEx  Corp.                        $450,000      4.40%     15/1/2047        530,933      0.00%
     Kinder  Morgan   Energy   Partners   LP                $500,000      4.30%      1/5/2024        530,689      0.00%
     Coca-Cola    Co.                       $500,000      3.00%      5/3/2051        530,482      0.00%
     American   Express   Co.                    $500,000      3.13%     20/5/2026        530,261      0.00%
     Federal   National   Mortgage   Association                 $493,513      3.50%      1/1/2043        530,144      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
                                231/362


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     Time  Warner   Cable  LLC                  GBP300,000       5.25%     15/7/2042         529,797      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $510,437      3.00%     1/10/2051         529,761      0.00%
     Bristol-Myers     Squibb  Co.                   $475,000      3.90%     20/2/2028         529,653      0.00%
     Target  Corp.                        $500,000      3.50%      1/7/2024        529,623      0.00%
     Coterra   Energy,   Inc.                    $500,000      4.38%      1/6/2024        529,475      0.00%
     Kansas   Development     Finance   Authority                $400,000      4.93%     15/4/2045         529,431      0.00%
     San Diego  Gas & Electric   Co.                 $500,000      3.32%     15/4/2050         529,370      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2014        $500,000      3.92%     15/10/2047         529,063      0.00%
     Verizon   Communications,      Inc.                 $500,000      3.15%     22/3/2030         528,508      0.00%
     Realty  Income   Corp.                     $500,000      3.00%     15/1/2027         527,857      0.00%
     Lockheed   Martin  Corp.                    $375,000      6.15%      1/9/2036        527,736      0.00%
     L3Harris   Technologies,     Inc.                  $500,000      3.95%     28/5/2024         527,723      0.00%
     Apple,  Inc.                        $510,000      2.95%     11/9/2049         527,274      0.00%
     Aflac,  Inc.                        $500,000      2.88%     15/10/2026         527,132      0.00%
     Union  Electric   Co.                     $500,000      2.95%     15/6/2027         527,131      0.00%
     Ameriprise    Financial,   Inc.                   $500,000      4.00%     15/10/2023         526,888      0.00%
     Blackstone    Secured   Lending   Fund                $500,000      3.63%     15/1/2026         526,869      0.00%
     AbbVie,   Inc.                       $500,000      2.95%     21/11/2026         526,689      0.00%
     Activision   Blizzard,   Inc.                   $600,000      2.50%     15/9/2050         526,670      0.00%
     Southwestern     Public  Service   Co.                $425,000      4.40%     15/11/2048         526,666      0.00%
     General   Motors   Financial   Co.,  Inc.               GBP400,000       1.55%     30/7/2027         526,651      0.00%
     UBS5  Commercial    Mortgage   Trust  2014              $500,000      3.84%     10/9/2047         526,505      0.00%
     Philip  Morris  International,     Inc.                EUR500,000       1.45%      1/8/2039        526,475      0.00%
     Mosaic   Co.                       $500,000      4.25%     15/11/2023         525,712      0.00%
     Cheniere   Corpus   Christi  Holdings   LLC               $465,000      5.13%     30/6/2027         525,482      0.00%
     Bank  of America   Corp.                    $500,000      4.10%     24/7/2023         525,449      0.00%
     Pfizer,  Inc.                        $500,000      2.63%      1/4/2030        525,353      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $480,666      4.00%      1/9/2041        525,163      0.00%
     AmerisourceBergen       Corp.                   $500,000      3.25%      1/3/2025        525,012      0.00%
     Niagara   Mohawk   Power  Corp.                  $475,000      4.28%     15/12/2028         524,800      0.00%
     Blackstone    Secured   Lending   Fund                $525,000      2.75%     16/9/2026         524,717      0.00%
     Molson   Coors  Beverage   Co.                  $500,000      3.00%     15/7/2026         524,639      0.00%
     Travelers   Cos,  Inc.                     $550,000      2.55%     27/4/2050         524,504      0.00%
     Sutter  Health                        $500,000      3.36%     15/8/2050         523,891      0.00%
     Federal   National   Mortgage   Association                 $480,237      4.00%      1/2/2042        523,408      0.00%
     Toyota   Motor  Credit  Corp.                   $500,000      3.35%      8/1/2024        523,214      0.00%
     Federal   National   Mortgage   Association                 $497,997      3.00%      1/1/2046        523,113      0.00%
     Energy   Transfer   LP                    $400,000      6.25%     15/4/2049         523,092      0.00%
     State  Board  of Administration     Finance   Corp.             $525,000      1.71%      1/7/2027        522,534      0.00%
     Zoetis,   Inc.                       $500,000      3.00%     15/5/2050         522,402      0.00%
     Phillips   66 Partners   LP                   $490,000      3.55%     1/10/2026         522,300      0.00%
     Citigroup   Commercial    Mortgage   Trust  2013＾             $500,000      4.37%     10/9/2046         522,127      0.00%
     New  York  Life Global  Funding                   $525,000      0.90%     29/10/2024         522,047      0.00%
     Oracle  Corp.                       $500,000      4.10%     25/3/2061         522,019      0.00%
     Broadcom,    Inc.                      $500,000      3.42%     15/4/2033         521,985      0.00%
     ViacomCBS,    Inc.                      $475,000      4.75%     15/5/2025         521,423      0.00%
     Nucor  Corp.                        $500,000      4.00%      1/8/2023        521,414      0.00%
     Archer-Daniels-Midland        Co.                  $500,000      2.50%     11/8/2026         521,347      0.00%
     Oncor  Electric   Delivery   Co. LLC                $500,000      2.75%     15/5/2030         521,217      0.00%
     Philip  Morris  International,     Inc.                 $450,000      4.50%     20/3/2042         521,179      0.00%
     Boston   Gas  Co.                      $500,000      3.15%      1/8/2027        521,009      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $503,013      2.50%      1/9/2028        520,869      0.00%
                                232/362

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     Prologis   Euro  Finance   LLC                 EUR500,000       1.00%     16/2/2041         520,815      0.00%
     Mastercard,    Inc.                      $500,000      2.95%     15/3/2051         520,791      0.00%
     Abbott   Laboratories                       $400,000      4.75%     15/4/2043         520,204      0.00%
     Federal   National   Mortgage   Association                 $517,468      2.00%      1/6/2050        519,792      0.00%
     Federal   National   Mortgage   Association                 $458,297      5.50%      1/4/2036        519,710      0.00%
     Whirlpool   Corp.                       $450,000      4.75%     26/2/2029         519,474      0.00%
     Marsh  & McLennan    Cos,  Inc.                  $490,000      3.50%     10/3/2025         519,460      0.00%
     Energy   Transfer   LP                    $440,000      5.40%     1/10/2047         518,946      0.00%
     Burlington    Northern   Santa  Fe LLC                $500,000      3.05%     15/2/2051         518,584      0.00%
     Home  Depot,  Inc.                     $400,000      4.50%     6/12/2048         518,569      0.00%
     Flowserve    Corp.                      $500,000      3.50%     1/10/2030         518,030      0.00%
     Duke  University                        $500,000      2.83%     1/10/2055         517,818      0.00%
     Raytheon   Technologies     Corp.                  $425,000      4.35%     15/4/2047         517,580      0.00%
     Mount  Sinai  Hospitals   Group,   Inc.                $500,000      3.39%      1/7/2050        517,542      0.00%
     Federal   National   Mortgage   Association                 $502,907      2.50%      1/1/2041        516,953      0.00%
     Global  Payments,    Inc.                    $450,000      4.15%     15/8/2049         516,916      0.00%
     Ovintiv,   Inc.                       $400,000      6.50%      1/2/2038        516,465      0.00%
     Mondelez   International    Holdings   Netherlands    BV           $525,000      0.75%     24/9/2024         516,368      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $498,849      2.50%      1/2/2035        516,096      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Dell  International    LLC/EMC    Corp.                 $308,000      8.35%     15/7/2046        515,821      0.00%
     NYU  Langone   Hospitals                     $500,000      3.38%      1/7/2055        515,615      0.00%
     Energy   Transfer   LP                     $485,000      3.75%     15/5/2030        515,461      0.00%
     Enterprise    Products   Operating    LLC                $484,000      3.75%     15/2/2025        515,356      0.00%
     Federal   National   Mortgage   Association                 $480,314      3.50%     1/10/2042        515,348      0.00%
     Intercontinental     Exchange,    Inc.                 $510,000      3.00%     15/6/2050        515,336      0.00%
     Vornado   Realty  LP                     $500,000      3.40%      1/6/2031        515,247      0.00%
     KeyBank   NA                       $500,000      3.38%      7/3/2023        515,051      0.00%
     Boeing  Co.                        $500,000      2.75%      1/2/2026        515,016      0.00%
     McDonald's    Corp.                      $500,000      3.35%      1/4/2023        514,846      0.00%
     Cigna  Corp.                        $488,000      3.25%     15/4/2025        514,179      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $485,631      3.50%     1/12/2029        513,854      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $482,201      3.50%     1/10/2035        513,842      0.00%
     Government    National   Mortgage   Association                $462,220      4.50%     20/3/2041        513,617      0.00%
     Analog  Devices,   Inc.                     $500,000      2.95%     1/10/2051        513,528      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $495,879      2.50%      1/5/2028        513,505      0.00%
     Host  Hotels  & Resorts   LP                   $500,000      3.50%     15/9/2030        513,456      0.00%
     CVS  Health  Corp.                      $500,000      4.75%     1/12/2022        513,053      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $470,620      4.00%      1/1/2041        513,031      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $500,000      3.06%     25/11/2023         512,995      0.00%
     Intel  Corp.                         $500,000      3.05%     12/8/2051        512,824      0.00%
     CommonSpirit     Health                     $500,000      2.78%     1/10/2030        512,727      0.00%
     Federal   National   Mortgage   Association                 $482,069      3.50%      1/6/2047        512,592      0.00%
     Catholic   Health  Services   of Long  Island  Obligated   Group          $500,000      3.37%      1/7/2050        512,345      0.00%
     Government    National   Mortgage   Association                $460,631      4.50%     20/2/2041        511,851      0.00%
     eBay,  Inc.                        $500,000      2.70%     11/3/2030        511,829      0.00%
     Bristol-Myers     Squibb  Co.                   $400,000      4.55%     20/2/2048        511,283      0.00%
     Expedia   Group,   Inc.                     $500,000      3.25%     15/2/2030        511,094      0.00%
     Federal   National   Mortgage   Association                 $454,774      5.00%      1/7/2035        510,911      0.00%
     Capital   One  Financial   Corp.                   $500,000      2.60%     11/5/2023        510,568      0.00%
                                233/362


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     Chubb  INA  Holdings,   Inc.                   $500,000      3.05%     15/12/2061         510,289      0.00%
     OhioHealth    Corp.                      $500,000      2.83%     15/11/2041         510,142      0.00%
     Prudential    Financial,   Inc.＾                   $490,000      5.63%     15/6/2043        510,064      0.00%
     Markel  Corp.                        $475,000      3.50%     1/11/2027        509,631      0.00%
     Federal   National   Mortgage   Association                 $485,738      3.00%      1/1/2033        509,543      0.00%
     International    Business   Machines   Corp.               $475,000      3.45%     19/2/2026        509,434      0.00%
     Unum  Group                        $500,000      4.13%     15/6/2051        509,151      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $450,000      3.90%     25/4/2028        508,931      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $500,000      2.02%     25/8/2031        508,881      0.00%
     WW  Grainger,   Inc.                     $500,000      1.85%     15/2/2025        508,765      0.00%
     Pacific  Gas  & Electric   Co.                   $500,000      3.30%     1/12/2027        508,318      0.00%
     Banner   Health                        $500,000      2.91%      1/1/2051        508,012      0.00%
     BANK  2018＾                        $450,000      4.23%     15/9/2060        507,942      0.00%
     Banner   Health                        $500,000      2.91%      1/1/2042        507,575      0.00%
     Norfolk   Southern   Corp.                    $500,000      3.05%     15/5/2050        507,342      0.00%
     Mayo  Clinic                        $475,000      3.20%     15/11/2061         507,336      0.00%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $500,000      2.85%     31/1/2023        507,204      0.00%
     Government    National   Mortgage   Association                $470,169      4.00%     20/3/2046        507,176      0.00%
     Public  Service   Co. of Oklahoma                   $500,000      3.15%     15/8/2051        507,151      0.00%
     Fiserv,   Inc.                        $500,000      3.50%     1/10/2022        507,064      0.00%
     Baker  Hughes   Holdings   LLC/Baker    Hughes   Co.-Obligor,    Inc.       $475,000      3.34%     15/12/2027         506,740      0.00%
     Bank  of America   Corp.＾                     $500,000      2.02%     13/2/2026        506,620      0.00%
     Stewart   Information    Services   Corp.                 $500,000      3.60%     15/11/2031         506,582      0.00%
     Analog  Devices,   Inc.                     $500,000      2.80%     1/10/2041        506,510      0.00%
     Bank  of America   Corp.＾                     $500,000      2.65%     11/3/2032        506,402      0.00%
     Virginia   Electric   & Power  Co.                  $500,000      2.95%     15/11/2051         506,294      0.00%
     Kinder  Morgan,   Inc.                     $400,000      5.55%      1/6/2045        506,233      0.00%
     Federal   Home  Loan  Banks                    $350,000      5.50%     15/7/2036        505,790      0.00%
     Anthem,   Inc.                       $405,000      4.65%     15/1/2043        505,689      0.00%
     NetApp,   Inc.                       $500,000      1.88%     22/6/2025        505,468      0.00%
     Citigroup,    Inc.＾                       $500,000      1.68%     15/5/2024        505,452      0.00%
     ERP  Operating    LP                     $400,000      4.50%      1/6/2045        505,418      0.00%
     UBS  Commercial    Mortgage   Trust  2018＾               $450,000      4.24%     15/6/2051        505,409      0.00%
     Starbucks   Corp.                       $500,000      2.00%     12/3/2027        505,336      0.00%
     Ford  Foundation                        $520,000      2.42%      1/6/2050        505,274      0.00%
     Baxter  International,     Inc.                   $500,000      2.54%      1/2/2032        505,142      0.00%
     Government    National   Mortgage   Association                $473,647      5.00%     20/7/2048        504,979      0.00%
     Thermo   Fisher  Scientific,   Inc.                  $500,000      2.80%     15/10/2041         504,906      0.00%
     Virginia   Electric   & Power  Co.                  $500,000      2.30%     15/11/2031         504,333      0.00%
     Wells  Fargo  & Co.＾                     $500,000      1.65%      2/6/2024        504,197      0.00%
     PNC  Financial   Services   Group,   Inc.＾                $500,000      2.31%     23/4/2032        504,126      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Boeing  Co.                       $485,000      3.95%      1/8/2059        504,074       0.00%
     Omega   Healthcare    Investors,    Inc.               $500,000      3.38%      1/2/2031        504,074       0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2018           $450,000      4.15%     15/8/2051         503,758       0.00%
     NRG  Energy,   Inc.                    $500,000      2.00%     2/12/2025         503,442       0.00%
     Fidelity   National   Information    Services,   Inc.           EUR370,000       2.95%     21/5/2039         503,435       0.00%
     Government    National   Mortgage   Association              $483,271      3.50%     20/8/2050         503,301       0.00%
     Zoetis,   Inc.                       $395,000      4.70%      1/2/2043        503,276       0.00%
     Government    National   Mortgage   Association              $476,806      3.00%     20/10/2044         503,227       0.00%
                                234/362


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     Applied   Materials,   Inc.                   $500,000      2.75%      1/6/2050        503,040       0.00%
     Zimmer   Biomet   Holdings,   Inc.                $500,000      2.60%     24/11/2031         503,027       0.00%
     OhioHealth    Corp.                     $500,000      2.30%     15/11/2031         502,754       0.00%
     Exxon  Mobil  Corp.                     $490,000      2.44%     16/8/2029         502,615       0.00%
     Coca-Cola    Co.                     $500,000      2.50%      1/6/2040        502,561       0.00%
     Georgia-Pacific     LLC                    $500,000      1.75%     30/9/2025         502,557       0.00%
     Bank  of America   Corp.＾                   $500,000      2.57%     20/10/2032         502,418       0.00%
     Federal   National   Mortgage   Association                $463,600      4.00%      1/7/2046        502,381       0.00%
     Georgia-Pacific     LLC                    $500,000      2.30%     30/4/2030         502,363       0.00%
     Duke  Energy   Corp.                     $475,000      3.15%     15/8/2027         502,071       0.00%
     Tapestry,   Inc.                      $500,000      3.05%     15/3/2032         502,040       0.00%
     Micron   Technology,    Inc.                  $500,000      2.70%     15/4/2032         502,029       0.00%
     Baxter  International,     Inc.                  $500,000      1.92%      1/2/2027        501,965       0.00%
     Ameren   Corp.                      $500,000      1.95%     15/3/2027         501,951       0.00%
     Alabama   Power  Co.                    $500,000      3.00%     15/3/2052         501,914       0.00%
     JetBlue   2020-1  Class  A Pass  Through   Trust            $467,282      4.00%     15/11/2032         501,862       0.00%
     Enterprise    Products   Operating    LLC               $490,000      3.35%     15/3/2023         501,834       0.00%
     American   Express   Co.                   $500,000      1.65%     4/11/2026         501,318       0.00%
     Phillips   66                      $500,000      3.30%     15/3/2052         501,244       0.00%
     Metropolitan    Life Global  Funding   I              $500,000      0.90%      8/6/2023        501,097       0.00%
     Vornado   Realty  LP                    $500,000      2.15%      1/6/2026        501,072       0.00%
     CoStar   Group,   Inc.                    $500,000      2.80%     15/7/2030         501,037       0.00%
     Mondelez   International,     Inc.                 $500,000      1.50%      4/5/2025        501,008       0.00%
     Whirlpool   Corp.                      $500,000      2.40%     15/5/2031         500,937       0.00%
     Adobe,   Inc.                      $490,000      2.30%      1/2/2030        500,934       0.00%
     Government    National   Mortgage   Association              $453,926      4.50%     20/11/2044         500,819       0.00%
     Blackstone    Private   Credit  Fund                $500,000      3.25%     15/3/2027         500,616       0.00%
     Citigroup,    Inc.＾                     $500,000      2.52%     3/11/2032         500,170       0.00%
     Global  Payments,    Inc.                   $500,000      1.50%     15/11/2024         500,152       0.00%
     Kentucky   Utilities   Co.                   $475,000      3.30%      1/6/2050        500,150       0.00%
     Interpublic    Group  of Cos,  Inc.                $500,000      2.40%      1/3/2031        499,955       0.00%
     WEC  Energy   Group,   Inc.                  $500,000      2.20%     15/12/2028         499,938       0.00%
     State  Board  of Administration     Finance   Corp.            $500,000      2.15%      1/7/2030        499,884       0.00%
     Federal   Home  Loan  Banks                  $500,000      1.00%     20/12/2024         499,636       0.00%
     Intercontinental     Exchange,    Inc.                $500,000      0.70%     15/6/2023         499,576       0.00%
     Masco  Corp.                       $500,000      3.13%     15/2/2051         499,526       0.00%
     Apple,  Inc.                       $425,000      3.75%     13/11/2047         499,520       0.00%
     Biogen,   Inc.                      $504,000      3.25%     15/2/2051         499,494       0.00%
     Realty  Income   Corp.                    $450,000      3.95%     15/8/2027         499,446       0.00%
     Bunge  Ltd.  Finance   Corp.                  $500,000      1.63%     17/8/2025         499,335       0.00%
     Autodesk,    Inc.                     $500,000      2.40%     15/12/2031         499,265       0.00%
     Lockheed   Martin  Corp.                   $500,000      2.80%     15/6/2050         499,201       0.00%
     Brixmor   Operating    Partnership    LP               $500,000      2.25%      1/4/2028        499,131       0.00%
     American   Express   Co.                   $500,000      0.75%     3/11/2023         498,989       0.00%
     Citigroup,    Inc.＾                     $500,000      1.28%     3/11/2025         498,944       0.00%
     Baylor  Scott  & White  Holdings                  $500,000      2.84%     15/11/2050         498,875       0.00%
     American   Honda  Finance   Corp.                 $500,000      0.65%      8/9/2023        498,797       0.00%
     Kinder  Morgan,   Inc.                    $500,000      1.75%     15/11/2026         498,763       0.00%
     Federal   Home  Loan  Banks                  $500,000      0.63%     22/12/2023         498,756       0.00%
     Community    Health  Network,   Inc.               $500,000      3.10%      1/5/2050        498,689       0.00%
     Chevron   USA,  Inc.                    $500,000      0.43%     11/8/2023         498,680       0.00%
     Intel  Corp.                       $500,000      2.80%     12/8/2041         498,552       0.00%
                                235/362

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     Williams   Cos,  Inc.                    $500,000      2.60%     15/3/2031         498,521       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $480,606      2.50%      1/9/2036        498,469       0.00%
     Enterprise    Products   Operating    LLC               $500,000      3.30%     15/2/2053         498,425       0.00%
     SVB  Financial   Group                    $500,000      1.80%     28/10/2026         498,389       0.00%
     Charles   Schwab   Corp.                    $510,000      0.90%     11/3/2026         498,378       0.00%
     Port  Authority   of New  York  & New  Jersey             $500,000      3.14%     15/2/2051         498,292       0.00%
     Southern   California   Edison  Co.                $500,000      1.10%      1/4/2024        498,268       0.00%
     Mastercard,    Inc.                     $500,000      2.00%     18/11/2031         498,222       0.00%
     General   Motors   Financial   Co.,  Inc.               $500,000      2.70%     10/6/2031         498,141       0.00%
     PepsiCo,   Inc.                      $500,000      0.40%     7/10/2023         498,094       0.00%
     Sutter  Health                       $500,000      1.32%     15/8/2025         498,090       0.00%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     MassMutual    Global  Funding   II                $500,000      2.15%      9/3/2031        498,029       0.00%
     Security   Benefit   Global  Funding                  $500,000      1.25%     17/5/2024         497,725       0.00%
     Verizon   Communications,      Inc.                 $500,000      1.45%     20/3/2026         497,690       0.00%
     Humana,   Inc.                       $500,000      0.65%      3/8/2023        497,664       0.00%
     Southern   California   Edison  Co.                 $500,000      0.70%      1/8/2023        497,639       0.00%
     7-Eleven,   Inc.                      $525,000      1.80%     10/2/2031         497,628       0.00%
     CRH  America,   Inc.                     $465,000      3.88%     18/5/2025         497,618       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $474,391      3.00%      1/9/2032        497,545       0.00%
     Caterpillar    Financial   Services   Corp.                $500,000      0.45%     14/9/2023         497,470       0.00%
     Stellantis   Finance   US, Inc.                  $505,000      2.69%     15/9/2031         497,436       0.00%
     Alleghany   Corp.                      $500,000      3.25%     15/8/2051         497,351       0.00%
     Amdocs   Ltd.                       $500,000      2.54%     15/6/2030         497,312       0.00%
     Corporate    Office  Properties    LP                $500,000      2.75%     15/4/2031         497,309       0.00%
     John  Deere  Capital   Corp.                   $500,000      0.40%     10/10/2023         497,219       0.00%
     F&G  Global  Funding                      $500,000      1.75%     30/6/2026         497,188       0.00%
     Rockwell   Automation,    Inc.                  $500,000      0.35%     15/8/2023         497,094       0.00%
     Pacific  Gas  & Electric   Co.                  $500,000      1.37%     10/3/2023         497,043       0.00%
     Stryker   Corp.                       $500,000      0.60%     1/12/2023         496,914       0.00%
     Intel  Corp.                        $500,000      2.00%     12/8/2031         496,784       0.00%
     Norfolk   Southern   Corp.                    $450,000      3.80%      1/8/2028        496,781       0.00%
     Raytheon   Technologies     Corp.                  $425,000      4.15%     15/5/2045         496,760       0.00%
     VMware,   Inc.                       $500,000      0.60%     15/8/2023         496,674       0.00%
     PACCAR   Financial   Corp.                   $500,000      0.90%     8/11/2024         496,591       0.00%
     Marathon   Petroleum    Corp.                   $360,000      6.50%      1/3/2041        496,528       0.00%
     Continental    Resources,    Inc.                  $500,000      2.27%     15/11/2026         496,520       0.00%
     Royalty   Pharma   plc                    $500,000      3.55%      2/9/2050        496,490       0.00%
     Universal   Health  Services,   Inc.                 $500,000      2.65%     15/10/2030         496,393       0.00%
     UnitedHealth     Group,   Inc.                   $500,000      2.00%     15/5/2030         496,290       0.00%
     Beth  Israel  Lahey  Health,   Inc.                 $500,000      3.08%      1/7/2051        496,196       0.00%
     BlackRock,    Inc.                      $500,000      2.10%     25/2/2032         496,188       0.00%
     WEC  Energy   Group,   Inc.                   $500,000      0.55%     15/9/2023         496,168       0.00%
     PerkinElmer,    Inc.                     $500,000      0.55%     15/9/2023         496,073       0.00%
     Conagra   Brands,   Inc.                    $500,000      0.50%     11/8/2023         496,009       0.00%
     CSAIL  2018-CX11    Commercial    Mortgage   Trust＾            $450,000      4.03%     15/4/2051         495,964       0.00%
     Public  Service   Enterprise    Group,   Inc.               $500,000      2.45%     15/11/2031         495,960       0.00%
     Intercontinental     Exchange,    Inc.                 $500,000      2.10%     15/6/2030         495,953       0.00%
     AvalonBay    Communities,     Inc.                 $500,000      1.90%     1/12/2028         495,920       0.00%
     Southern   California   Edison  Co.                 $500,000      0.98%      1/8/2024        495,750       0.00%
                                236/362


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     Microchip   Technology,    Inc.                  $500,000      0.97%     15/2/2024         495,746       0.00%
     Huntington    Ingalls  Industries,    Inc.                $500,000      0.67%     16/8/2023         495,732       0.00%
     Athene   Global  Funding                     $500,000      2.67%      7/6/2031        495,697       0.00%
     Federal   National   Mortgage   Association＾                 $500,000      1.74%     25/10/2031         495,614       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $483,931      2.50%      1/1/2040        495,591       0.00%
     salesforce.com,     Inc.                    $500,000      1.95%     15/7/2031         495,222       0.00%
     DXC  Technology    Co.                    $500,000      1.80%     15/9/2026         495,170       0.00%
     Black  Hills  Corp.                      $500,000      1.04%     23/8/2024         495,039       0.00%
     Government    National   Mortgage   Association               $469,013      3.00%     20/8/2043         495,002       0.00%
     Agilent   Technologies,     Inc.                  $500,000      2.30%     12/3/2031         494,988       0.00%
     Invitation   Homes  Operating    Partnership    LP            $500,000      2.30%     15/11/2028         494,964       0.00%
     John  Deere  Capital   Corp.                   $500,000      0.63%     10/9/2024         494,921       0.00%
     Massachusetts     Mutual  Life Insurance   Co.             $375,000      4.90%      1/4/2077        494,725       0.00%
     Danaher   Corp.                       $500,000      2.80%     10/12/2051         494,665       0.00%
     General   Mills,  Inc.                     $500,000      2.25%     14/10/2031         494,614       0.00%
     salesforce.com,     Inc.                    $500,000      1.50%     15/7/2028         494,258       0.00%
     Virginia   Electric   & Power  Co.                 $280,000      8.88%     15/11/2038         494,054       0.00%
     Intel  Corp.                        $500,000      1.60%     12/8/2028         493,967       0.00%
     Federal   National   Mortgage   Association                 $350,000      6.63%     15/11/2030         493,821       0.00%
     Rockefeller     Foundation                      $500,000      2.49%     1/10/2050         493,781       0.00%
     Jefferies   Group  LLC/Jefferies     Group  Capital   Finance,   Inc.        $500,000      2.63%     15/10/2031         493,712       0.00%
     State  of Wisconsin                       $450,000      3.95%      1/5/2036        493,623       0.00%
     Charles   Schwab   Corp.                    $500,000      1.15%     13/5/2026         493,596       0.00%
     PacifiCorp                          $500,000      2.90%     15/6/2052         493,466       0.00%
     Equifax,   Inc.                       $500,000      2.35%     15/9/2031         493,338       0.00%
     Fidelity   National   Financial,   Inc.                 $500,000      2.45%     15/3/2031         493,295       0.00%
     JPMorgan   Chase  & Co.＾                   $500,000      0.56%     16/2/2025         493,200       0.00%
     Globe  Life,  Inc.                      $500,000      2.15%     15/8/2030         493,176       0.00%
     PerkinElmer,    Inc.                     $500,000      0.85%     15/9/2024         492,969       0.00%
     Reliance   Steel  & Aluminum   Co.                 $500,000      1.30%     15/8/2025         492,932       0.00%
     Thermo   Fisher  Scientific,   Inc.                 $500,000      2.00%     15/10/2031         492,876       0.00%
     Starbucks   Corp.                      $400,000      4.45%     15/8/2049         492,860       0.00%
     Athene   Global  Funding                     $500,000      2.55%     19/11/2030         492,794       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Broadcom,    Inc.                      $500,000      1.95%     15/2/2028         492,542       0.00%
     Walt  Disney  Co.                     $385,000      4.75%     15/9/2044         492,539       0.00%
     Xcel  Energy,   Inc.                     $350,000      6.50%      1/7/2036        492,416       0.00%
     General   Motors   Financial   Co.,  Inc.               $500,000      1.50%     10/6/2026         492,261       0.00%
     American   Honda  Finance   Corp.                 $500,000      1.00%     10/9/2025         492,258       0.00%
     Corporate    Office  Properties    LP                $500,000      2.90%     1/12/2033         492,180       0.00%
     Exxon  Mobil  Corp.                     $485,000      3.10%     16/8/2049         492,120       0.00%
     Truist  Financial   Corp.＾                    $500,000      1.89%      7/6/2029        492,110       0.00%
     Charter   Communications      Operating    LLC/Charter
                               $450,000      4.20%     15/3/2028         492,011       0.00%
       Communications      Operating    Capital
     Atmos  Energy   Corp.                    $500,000      2.85%     15/2/2052         491,937       0.00%
     Home  Depot,  Inc.                     $500,000      1.88%     15/9/2031         491,929       0.00%
     VMware,   Inc.                      $500,000      1.40%     15/8/2026         491,777       0.00%
     Coca-Cola    Co.                      $500,000      2.60%      1/6/2050        491,730       0.00%
     PerkinElmer,    Inc.                     $500,000      1.90%     15/9/2028         491,467       0.00%
     AEP  Transmission     Co. LLC                  $465,000      3.10%     1/12/2026         491,416       0.00%
                                237/362


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     Children's    Hospital                      $500,000      2.93%     15/7/2050         491,266       0.00%
     Ares  Capital   Corp.                     $500,000      3.20%     15/11/2031         491,255       0.00%
     Electronic    Arts,  Inc.                    $440,000      4.80%      1/3/2026        491,226       0.00%
     Royalty   Pharma   plc                    $500,000      1.20%      2/9/2025        491,122       0.00%
     Morgan   Stanley＾                       $500,000      2.80%     25/1/2052         490,900       0.00%
     Parker-Hannifin     Corp.                    $475,000      2.70%     14/6/2024         490,865       0.00%
     Invitation   Homes  Operating    Partnership    LP            $500,000      2.70%     15/1/2034         490,446       0.00%
     Citigroup,    Inc.                      $450,000      4.40%     10/6/2025         490,347       0.00%
     Entergy   Corp.                      $500,000      1.90%     15/6/2028         490,313       0.00%
     Goldman   Sachs  Group,   Inc.＾                  $500,000      0.86%     12/2/2026         490,262       0.00%
     Federal   National   Mortgage   Association                $472,368      3.00%     1/10/2051         490,243       0.00%
     Emerson   Electric   Co.                   $500,000      2.80%     21/12/2051         490,204       0.00%
     JPMorgan   Chase  & Co.＾                   $500,000      1.47%     22/9/2027         490,201       0.00%
     Owl  Rock  Technology    Finance   Corp.               $500,000      2.50%     15/1/2027         490,201       0.00%
     Bank  of America   Corp.＾                    $500,000      1.20%     24/10/2026         490,193       0.00%
     American   Tower  Corp.                    $500,000      1.45%     15/9/2026         490,176       0.00%
     BP Capital   Markets   America,   Inc.               $500,000      3.00%     17/3/2052         490,167       0.00%
     DXC  Technology    Co.                   $500,000      2.38%     15/9/2028         490,139       0.00%
     Amgen,   Inc.                       $500,000      1.65%     15/8/2028         490,100       0.00%
     New  York  State  Dormitory    Authority                $500,000      2.20%     15/3/2034         490,085       0.00%
     American   Airlines   2021-1  Class  A Pass  Through   Trust         $500,000      2.88%     11/7/2034         490,058       0.00%
     Truist  Financial   Corp.＾                    $500,000      1.27%      2/3/2027        490,054       0.00%
     Chevron   USA,  Inc.                    $500,000      0.69%     12/8/2025         490,035       0.00%
     Huntington    Ingalls  Industries,    Inc.               $500,000      2.04%     16/8/2028         489,814       0.00%
     Allstate   Corp.                      $400,000      4.50%     15/6/2043         489,763       0.00%
     Municipal   Electric   Authority   of Georgia               $315,000      6.66%      1/4/2057        489,752       0.00%
     Regions   Financial   Corp.                   $500,000      1.80%     12/8/2028         489,568       0.00%
     Enstar  Group  Ltd.                     $500,000      3.10%      1/9/2031        489,480       0.00%
     Fortinet,   Inc.                      $500,000      2.20%     15/3/2031         489,376       0.00%
     MPLX  LP                       $450,000      4.00%     15/3/2028         489,175       0.00%
     Charter   Communications      Operating    LLC/Charter
                               $500,000      2.25%     15/1/2029         489,018       0.00%
       Communications      Operating    Capital
     Bristol-Myers     Squibb  Co.                  $500,000      0.75%     13/11/2025         488,866       0.00%
     Board  of Regents   of the University    of Texas  System           $375,000      4.79%     15/8/2046         488,803       0.00%
     Toyota   Motor  Credit  Corp.                  $500,000      1.90%     12/9/2031         488,803       0.00%
     Equitable   Financial   Life Global  Funding               $500,000      1.30%     12/7/2026         488,593       0.00%
     Merck  & Co.,  Inc.                     $425,000      3.70%     10/2/2045         488,593       0.00%
     Federal   National   Mortgage   Association                $451,801      4.50%      1/4/2047        488,563       0.00%
     American   International    Group,   Inc.               $450,000      3.90%      1/4/2026        488,519       0.00%
     American   Honda  Finance   Corp.                 $500,000      1.80%     13/1/2031         488,427       0.00%
     TD SYNNEX   Corp.                     $500,000      1.75%      9/8/2026        488,348       0.00%
     Consumers    Energy   Co.                   $500,000      2.65%     15/8/2052         488,302       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $471,951      2.50%     1/12/2035         488,278       0.00%
     Duke  Energy   Corp.＾                     $500,000      3.25%     15/1/2082         488,045       0.00%
     Simon  Property   Group  LP                  $500,000      2.25%     15/1/2032         488,005       0.00%
     Blackstone    Private   Credit  Fund                 $500,000      2.63%     15/12/2026         487,885       0.00%
     Seattle   Children's    Hospital                   $500,000      2.72%     1/10/2050         487,824       0.00%
     Pricoa  Global  Funding   I                  $500,000      0.80%      1/9/2025        487,817       0.00%
     Children's    Hospital   of Philadelphia                  $500,000      2.70%      1/7/2050        487,768       0.00%
     Federal   National   Mortgage   Association                $427,721      5.50%     1/11/2039         487,753       0.00%
     Blackstone    Secured   Lending   Fund                $500,000      2.85%     30/9/2028         487,743       0.00%
     Celanese   US Holdings   LLC                  $500,000      1.40%      5/8/2026        487,722       0.00%
                                238/362

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     Reliance   Steel  & Aluminum   Co.                $500,000      2.15%     15/8/2030         487,580       0.00%
     Waste  Management,     Inc.                  $500,000      0.75%     15/11/2025         487,564       0.00%
     Broadstone    Net Lease  LLC                  $500,000      2.60%     15/9/2031         487,513       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Amgen,   Inc.                      $500,000      3.00%     15/1/2052         487,454       0.00%
     Public  Service   Co. of Colorado                  $500,000      2.70%     15/1/2051         487,346       0.00%
     Biogen,   Inc.                      $500,000      3.15%      1/5/2050        487,268       0.00%
     Citigroup,    Inc.＾                     $500,000      1.12%     28/1/2027         487,222       0.00%
     Piedmont   Healthcare,    Inc.                  $500,000      2.72%      1/1/2042        487,111       0.00%
     PerkinElmer,    Inc.                     $500,000      2.25%     15/9/2031         486,991       0.00%
     VMware,   Inc.                      $500,000      1.80%     15/8/2028         486,954       0.00%
     Public  Service   Enterprise    Group,   Inc.              $500,000      0.80%     15/8/2025         486,772       0.00%
     Athene   Global  Funding                    $500,000      1.99%     19/8/2028         486,700       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $338,000      6.25%     15/7/2032         486,504       0.00%
     Humana,   Inc.                      $500,000      1.35%      3/2/2027        486,434       0.00%
     Chicago   O'Hare   International    Airport               $350,000      4.57%      1/1/2054        486,312       0.00%
     Government    National   Mortgage   Association              $453,178      4.00%     20/3/2047         486,242       0.00%
     US Bank  NA                      $480,000      1.95%      9/1/2023        486,117       0.00%
     American   Tower  Corp.                   $500,000      2.30%     15/9/2031         486,109       0.00%
     AT&T,  Inc.                     CA($)575,000        4.00%     25/11/2025         486,065       0.00%
     Kilroy  Realty  LP                     $500,000      2.65%     15/11/2033         485,867       0.00%
     Republic   Services,   Inc.                   $500,000      0.88%     15/11/2025         485,793       0.00%
     Bain  Capital   Specialty   Finance,   Inc.               $500,000      2.55%     13/10/2026         485,710       0.00%
     Merck  & Co.,  Inc.                    $400,000      4.15%     18/5/2043         485,690       0.00%
     Piedmont   Healthcare,    Inc.                  $500,000      2.04%      1/1/2032        485,670       0.00%
     Federal   National   Mortgage   Association                $463,830      3.00%      1/8/2046        485,606       0.00%
     Roper  Technologies,     Inc.                  $500,000      1.40%     15/9/2027         485,500       0.00%
     Government    National   Mortgage   Association              $459,354      3.00%     15/11/2042         485,376       0.00%
     Bank  of New  York  Mellon  Corp.                $450,000      3.25%     16/5/2027         485,321       0.00%
     Federal   National   Mortgage   Association                $460,962      3.00%      1/7/2043        485,318       0.00%
     Federal   National   Mortgage   Association                $455,370      4.00%      1/8/2050        485,256       0.00%
     Merck  & Co.,  Inc.                    $430,000      3.60%     15/9/2042         485,191       0.00%
     Apple,  Inc.                       $500,000      2.38%      8/2/2041        485,111       0.00%
     Municipal   Electric   Authority   of Georgia               $316,000      6.64%      1/4/2057        485,040       0.00%
     ERP  Operating    LP                    $500,000      1.85%      1/8/2031        484,953       0.00%
     Broadcom,    Inc.                     $500,000      2.60%     15/2/2033         484,945       0.00%
     McKesson    Corp.                     $500,000      0.90%     3/12/2025         484,921       0.00%
     Kinder  Morgan   Energy   Partners   LP              $350,000      6.95%     15/1/2038         484,750       0.00%
     Nestle  Holdings,   Inc.                   $500,000      0.63%     15/1/2026         484,722       0.00%
     East  Ohio  Gas Co.                    $500,000      2.00%     15/6/2030         484,695       0.00%
     JPMorgan   Chase  & Co.                   $370,000      4.85%      1/2/2044        484,570       0.00%
     Franklin   Resources,    Inc.                  $500,000      2.95%     12/8/2051         484,568       0.00%
     Celanese   US Holdings   LLC                EUR400,000       2.13%      1/3/2027        484,468       0.00%
     Banner   Health                      $500,000      1.90%      1/1/2031        484,450       0.00%
     Corning,   Inc.                      $350,000      5.35%     15/11/2048         484,236       0.00%
     AutoNation,    Inc.                     $500,000      2.40%      1/8/2031        483,970       0.00%
     Bank  of America   Corp.＾                   $500,000      2.48%     21/9/2036         483,931       0.00%
     Northrop   Grumman   Corp.                  $375,000      5.05%     15/11/2040         483,890       0.00%
     Amgen,   Inc.                      $500,000      2.80%     15/8/2041         483,684       0.00%
     Amgen,   Inc.                      $500,000      2.00%     15/1/2032         483,514       0.00%
                                239/362


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     Simon  Property   Group  LP                 $450,000      3.38%     1/12/2027         483,441       0.00%
     Consolidated     Edison  Co. of New  York,  Inc.            $450,000      3.70%     15/11/2059         483,383       0.00%
     Tanger   Properties    LP                   $500,000      2.75%      1/9/2031        483,342       0.00%
     Raytheon   Technologies     Corp.                 $500,000      2.82%      1/9/2051        483,280       0.00%
     Northwestern     Mutual   Life Insurance   Co.             $440,000      3.63%     30/9/2059         483,211       0.00%
     Citigroup,    Inc.＾                     $465,000      2.98%     5/11/2030         483,170       0.00%
     Charter   Communications      Operating    LLC/Charter
                              $500,000      3.95%     30/6/2062         483,105       0.00%
       Communications      Operating    Capital
     Procter   & Gamble   Co.                  EUR400,000       1.20%     30/10/2028         483,070       0.00%
     BP Capital   Markets   America,   Inc.               $500,000      2.94%      4/6/2051        483,020       0.00%
     Walmart,   Inc.                      $475,000      2.35%     15/12/2022         482,878       0.00%
     Union  Electric   Co.                    $425,000      3.90%     15/9/2042         482,635       0.00%
     Baylor  Scott  & White  Holdings                  $500,000      1.78%     15/11/2030         482,425       0.00%
     Raytheon   Technologies     Corp.                 $500,000      1.90%      1/9/2031        482,188       0.00%
     Simon  Property   Group  LP                 $450,000      3.25%     30/11/2026         482,026       0.00%
     Allstate   Corp.                      $400,000      4.20%     15/12/2046         481,989       0.00%
     Federal   National   Mortgage   Association                $428,934      5.00%      1/6/2035        481,826       0.00%
     Mondelez   International,     Inc.                 $505,000      1.88%     15/10/2032         481,743       0.00%
     Oncor  Electric   Delivery   Co. LLC                $500,000      0.55%     1/10/2025         481,661       0.00%
     Anthem,   Inc.                      $468,000      2.38%     15/1/2025         481,645       0.00%
     Bank  of America   Corp.＾                   $450,000      3.56%     23/4/2027         481,503       0.00%
     Discover   Bank                      $475,000      2.70%      6/2/2030        481,251       0.00%
     Coca-Cola    Co.                     $500,000      2.50%     15/3/2051         481,078       0.00%
     Stryker   Corp.                      $375,000      4.63%     15/3/2046         481,006       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $449,771      3.50%      1/3/2045        480,954       0.00%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Federal   National   Mortgage   Association                 $428,932      5.00%     1/12/2043         480,881       0.00%
     Coca-Cola    Co.                      $500,000      1.00%     15/3/2028         480,796       0.00%
     Government    National   Mortgage   Association               $445,689      4.00%     20/8/2045         480,769       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $487,680      1.50%      1/5/2041        480,490       0.00%
     Conagra   Brands,   Inc.                    $500,000      1.38%     1/11/2027         480,406       0.00%
     NextEra   Energy   Capital   Holdings,   Inc.＾              $450,000      4.80%     1/12/2077         480,388       0.00%
     KKR  Group  Finance   Co. V LLC               EUR400,000       1.63%     22/5/2029         480,135       0.00%
     WR Berkley   Corp.                      $500,000      3.15%     30/9/2061         479,845       0.00%
     Sharp  HealthCare                        $500,000      2.68%      1/8/2050        479,818       0.00%
     Crown  Castle  International    Corp.                 $500,000      2.10%      1/4/2031        479,714       0.00%
     Honeywell    International,     Inc.                 $482,000      1.95%      1/6/2030        479,632       0.00%
     Johnson   Controls   International    plc/Tyco   Fire  & Security
                               $500,000      1.75%     15/9/2030         479,593       0.00%
       Finance   SCA
     Stryker   Corp.                       $475,000      2.90%     15/6/2050         479,574       0.00%
     Niagara   Mohawk   Power  Corp.                  $500,000      1.96%     27/6/2030         479,453       0.00%
     LXP  Industrial   Trust                     $500,000      2.38%     1/10/2031         479,394       0.00%
     Masco  Corp.                       $500,000      2.00%     1/10/2030         479,334       0.00%
     John  Deere  Capital   Corp.                   $450,000      2.80%      8/9/2027        479,164       0.00%
     UBS  Commercial    Mortgage   Trust  2018               $425,000      4.33%     15/10/2051         479,112       0.00%
     UBS  Commercial    Mortgage   Trust  2018               $425,000      4.30%     15/8/2051         479,066       0.00%
     Anthem,   Inc.                       $480,000      2.25%     15/5/2030         478,973       0.00%
     Pacific  LifeCorp                       $375,000      5.13%     30/1/2043         478,866       0.00%
     Amgen,   Inc.                       $470,000      2.45%     21/2/2030         478,354       0.00%
     New  York  & Presbyterian    Hospital                 $500,000      2.61%      1/8/2060        477,648       0.00%
                                240/362


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     PepsiCo,   Inc.                      $500,000      1.40%     25/2/2031         477,438       0.00%
     Dow  Chemical   Co.                    EUR400,000       1.88%     15/3/2040         477,176       0.00%
     Trans-Allegheny      Interstate   Line  Co.               $450,000      3.85%      1/6/2025        477,112       0.00%
     Government    National   Mortgage   Association               $428,846      4.50%     20/8/2041         476,531       0.00%
     BANK  2017                       $450,000      3.18%     15/9/2060         476,442       0.00%
     Adobe,   Inc.                       $450,000      3.25%      1/2/2025        476,226       0.00%
     General   Motors   Financial   Co.,  Inc.              EUR400,000       2.20%      1/4/2024        476,058       0.00%
     Apple,  Inc.                       $455,000      2.75%     13/1/2025         475,700       0.00%
     Government    National   Mortgage   Association               $443,113      3.50%     20/9/2042         475,448       0.00%
     Cboe  Global  Markets,   Inc.                  $500,000      1.63%     15/12/2030         475,047       0.00%
     Kroger   Co.                       $500,000      1.70%     15/1/2031         474,944       0.00%
     National   Retail  Properties,    Inc.                 $500,000      3.00%     15/4/2052         474,372       0.00%
     Home  Depot,  Inc.                     $450,000      3.13%     15/12/2049         474,352       0.00%
     JPMDB   Commercial    Mortgage   Securities   Trust  2018          $425,000      4.42%     15/6/2051         474,313       0.00%
     Discovery    Communications      LLC                 $425,000      4.90%     11/3/2026         474,152       0.00%
     Bank  of America   Corp.                    $446,000      4.00%      1/4/2024        474,075       0.00%
     Zimmer   Biomet   Holdings,   Inc.                 $475,000      1.45%     22/11/2024         473,977       0.00%
     Duke  Realty  LP                     $500,000      1.75%      1/2/2031        473,837       0.00%
     International    Paper  Co.                   $375,000      4.80%     15/6/2044         473,818       0.00%
     HSBC  USA,  Inc.                     $450,000      3.50%     23/6/2024         473,815       0.00%
     Goldman   Sachs  Group,   Inc.＾                  $475,000      1.95%     21/10/2027         473,423       0.00%
     Bristol-Myers     Squibb  Co.                   $500,000      2.35%     13/11/2040         473,373       0.00%
     Procter   & Gamble   Co.                    $500,000      1.20%     29/10/2030         473,178       0.00%
     Regeneron    Pharmaceuticals,      Inc.                $500,000      1.75%     15/9/2030         473,165       0.00%
     AT&T,  Inc.                       $475,000      0.90%     25/3/2024         473,109       0.00%
     Ameren   Corp.                       $460,000      2.50%     15/9/2024         472,673       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $442,508      3.50%     1/11/2045         472,648       0.00%
     Exxon  Mobil  Corp.                     $400,000      4.23%     19/3/2040         472,476       0.00%
     New  Jersey  Economic   Development     Authority              $375,000      7.43%     15/2/2029         472,384       0.00%
     Stellantis   Finance   US, Inc.                  $480,000      1.71%     29/1/2027         472,335       0.00%
     Nestle  Holdings,   Inc.                    $500,000      1.25%     15/9/2030         472,144       0.00%
     Coca-Cola    Co.                      $500,000      1.38%     15/3/2031         471,809       0.00%
     Republic   Services,   Inc.                   $500,000      1.75%     15/2/2032         471,613       0.00%
     Home  Depot,  Inc.                     $500,000      1.38%     15/3/2031         471,364       0.00%
     Realty  Income   Corp.                     $500,000      1.80%     15/3/2033         471,328       0.00%
     Oracle  Corp.                       $425,000      4.30%      8/7/2034        471,309       0.00%
     US Bancorp                        $500,000      1.38%     22/7/2030         471,027       0.00%
     Chubb  INA  Holdings,   Inc.                  $500,000      1.38%     15/9/2030         470,876       0.00%
     Sonoco   Products   Co.                    $450,000      3.13%      1/5/2030        470,387       0.00%
     Roper  Technologies,     Inc.                   $500,000      1.75%     15/2/2031         470,077       0.00%
     Regeneron    Pharmaceuticals,      Inc.                $500,000      2.80%     15/9/2050         469,736       0.00%
     Anthem,   Inc.                       $375,000      4.65%     15/8/2044         469,656       0.00%
     Federal   National   Mortgage   Association                 $437,654      3.50%     1/11/2042         469,575       0.00%
     Pricoa  Global  Funding   I                  $450,000      3.45%      1/9/2023        469,423       0.00%
     WRKCo,   Inc.                       $450,000      3.00%     15/9/2024         469,372       0.00%
     Apollo  Management    Holdings   LP                $425,000      4.40%     27/5/2026         469,117       0.00%
     Schlumberger     Finance   France   SAS               EUR400,000       1.00%     18/2/2026         469,039       0.00%
     NiSource,   Inc.                      $500,000      1.70%     15/2/2031         467,887       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Enbridge   Energy   Partners   LP                 $300,000      7.38%     15/10/2045         467,766      0.00%
                                241/362


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     Citizens   Financial   Group,   Inc.                 $465,000      2.50%      6/2/2030        467,470      0.00%
     Omega   Healthcare    Investors,    Inc.                $425,000      4.50%      1/4/2027        467,456      0.00%
     Whirlpool   Finance   Luxembourg    Sarl               EUR400,000       1.10%     9/11/2027         466,534      0.00%
     Nucor  Corp.                        $470,000      2.98%     15/12/2055         466,496      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $441,469      3.50%     1/10/2048         466,159      0.00%
     Newmont   Corp.                       $350,000      5.45%      9/6/2044        465,617      0.00%
     Republic   Services,   Inc.                    $500,000      1.45%     15/2/2031         465,459      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $475,000      1.50%     25/10/2030         464,198      0.00%
     Moody's   Corp.                      EUR400,000       0.95%     25/2/2030         463,924      0.00%
     Johnson   & Johnson                     EUR400,000       0.65%     20/5/2024         463,675      0.00%
     Southwestern     Public  Service   Co.                 $445,000      3.30%     15/6/2024         463,593      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $449,035      2.50%      1/2/2043        463,480      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $439,196      3.00%      1/9/2042        462,924      0.00%
     CDW  LLC/CDW    Finance   Corp.                 $450,000      4.13%      1/5/2025        462,521      0.00%
     Toyota   Motor  Credit  Corp.                   $455,000      1.80%     13/2/2025         462,367      0.00%
     Anthem,   Inc.                       $350,000      5.10%     15/1/2044         462,019      0.00%
     Aon  plc                         $375,000      4.60%     14/6/2044         461,812      0.00%
     Duke  Energy   Florida   LLC                   $320,000      6.40%     15/6/2038         461,754      0.00%
     Chevron   USA,  Inc.                     $500,000      2.34%     12/8/2050         461,749      0.00%
     National   Grid  North  America,   Inc.               EUR400,000       0.75%      8/8/2023        461,259      0.00%
     Home  Depot,  Inc.                     $500,000      2.38%     15/3/2051         460,749      0.00%
     Brixmor   Operating    Partnership    LP                $416,000      4.13%     15/5/2029         460,571      0.00%
     McDonald's    Corp.                      $425,000      3.50%      1/3/2027        460,399      0.00%
     Packaging    Corp.  of America                    $435,000      3.65%     15/9/2024         459,754      0.00%
     Intel  Corp.                        $435,000      3.25%     15/11/2049         459,617      0.00%
     Air Products   & Chemicals,    Inc.                EUR400,000       0.50%      5/5/2028        459,320      0.00%
     Amgen,   Inc.                       $440,000      2.60%     19/8/2026         458,642      0.00%
     Otis  Worldwide    Corp.                     $450,000      2.06%      5/4/2025        458,601      0.00%
     Citibank   Credit  Card  Issuance   Trust                $400,000      3.96%     13/10/2030         458,482      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $450,000      2.02%     25/3/2031         458,153      0.00%
     Dow  Chemical   Co.                     $325,000      5.55%     30/11/2048         458,113      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $442,498      2.50%     1/11/2028         458,113      0.00%
     Illinois  Tool  Works,   Inc.                  EUR400,000       0.25%     5/12/2024         457,855      0.00%
     Apple,  Inc.                       GBP300,000       3.05%     31/7/2029         457,535      0.00%
     Government    National   Mortgage   Association                $411,414      4.50%     20/5/2040         457,484      0.00%
     George   Washington    University                   $360,000      4.30%     15/9/2044         457,451      0.00%
     WP Carey,  Inc.                      $480,000      2.25%      1/4/2033        456,828      0.00%
     Federal   National   Mortgage   Association                 $426,393      4.00%      1/2/2048        456,492      0.00%
     Comcast   Corp.                       $345,000      5.65%     15/6/2035         456,258      0.00%
     MetLife,   Inc.                       $350,000      4.88%     13/11/2043         456,156      0.00%
     American   International    Group,   Inc.                $425,000      3.75%     10/7/2025         455,715      0.00%
     Government    National   Mortgage   Association                $424,442      4.00%     15/8/2048         455,642      0.00%
     Apple,  Inc.                       EUR400,000       0.00%     15/11/2025         455,560      0.00%
     Medtronic    Global  Holdings   SCA                EUR400,000       1.63%     15/10/2050         455,532      0.00%
     Johnson   & Johnson                       $425,000      2.95%      3/3/2027        454,839      0.00%
     Federal   National   Mortgage   Association                 $429,761      3.00%     1/10/2042         454,670      0.00%
     Toyota   Motor  Credit  Corp.                   $450,000      1.35%     25/8/2023         454,141      0.00%
     Jackson   Financial,   Inc.                    $450,000      4.00%     23/11/2051         454,138      0.00%
     Government    National   Mortgage   Association                $443,048      2.50%     20/10/2049         454,033      0.00%
     Boston   Scientific   Corp.                   EUR400,000       0.63%     1/12/2027         453,852      0.00%
     NextEra   Energy   Capital   Holdings,   Inc.＾               $400,000      5.65%      1/5/2079        453,814      0.00%
     Kroger   Co.                        $325,000      7.50%      1/4/2031        453,684      0.00%
                                242/362

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     CDW  LLC/CDW    Finance   Corp.                 $450,000      3.25%     15/2/2029         453,432      0.00%
     Virginia   Electric   & Power  Co.                  $400,000      3.80%     15/9/2047         453,232      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $437,745      2.50%      1/6/2036        453,206      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $402,379      5.50%      1/2/2049        453,119      0.00%
     AT&T,  Inc.                      EUR400,000       0.80%      4/3/2030        453,028      0.00%
     Midwest   Connector    Capital   Co. LLC               $450,000      3.63%      1/4/2022        452,206      0.00%
     Duke  Energy   Carolinas   LLC                  $435,000      3.20%     15/8/2049         452,020      0.00%
     Cigna  Corp.                        $450,000      2.38%     15/3/2031         451,852      0.00%
     US Treasury   Note                      $440,000      2.13%     30/11/2023         451,739      0.00%
     Federal   National   Mortgage   Association                 $422,916      3.50%     1/10/2045         451,592      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $440,488      2.00%     1/12/2035         451,530      0.00%
     Federal   National   Mortgage   Association                 $434,900      3.00%     1/11/2039         451,289      0.00%
     Berkshire   Hathaway   Finance   Corp.                 $375,000      4.30%     15/5/2043         451,000      0.00%
     Huntington    Ingalls  Industries,    Inc.                $425,000      3.48%     1/12/2027         450,812      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $400,000      3.69%     25/1/2029         450,770      0.00%
     Verizon   Communications,      Inc.                GBP300,000       3.13%     2/11/2035         450,713      0.00%
     Ferguson   Finance   plc                    $400,000      4.50%     24/10/2028         450,648      0.00%
     Regents   of the University    of California   Medical   Center   Pooled
                               $290,000      6.55%     15/5/2048         450,603      0.00%
       Revenue
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Government    National   Mortgage   Association                $398,294      5.00%     20/8/2040        450,531      0.00%
     Government    National   Mortgage   Association                $433,087      3.00%     20/9/2050        450,295      0.00%
     Banc  of America   Commercial    Mortgage   Trust  2017           $425,000      3.31%     15/2/2050        450,091      0.00%
     American   International    Group,   Inc.＾                $400,000      5.75%      1/4/2048        450,025      0.00%
     Federal   National   Mortgage   Association                 $437,498      2.50%      1/8/2040        449,728      0.00%
     Citigroup,    Inc.                      GBP200,000       6.80%     25/6/2038        449,638      0.00%
     Apple,  Inc.                        $440,000      1.80%     11/9/2024        449,421      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $365,000      4.50%     15/5/2058        448,816      0.00%
     American   Water  Capital   Corp.                  $400,000      3.75%      1/9/2047        447,944      0.00%
     New  Jersey  Turnpike   Authority                   $275,000      7.41%      1/1/2040        447,497      0.00%
     Comcast   Corp.                       $400,000      3.75%      1/4/2040        447,462      0.00%
     Federal   National   Mortgage   Association                 $416,301      3.50%      1/7/2042        447,142      0.00%
     Aon  plc                         $425,000      3.50%     14/6/2024        446,821      0.00%
     American   Tower  Corp.                    EUR400,000       0.50%     15/1/2028        446,738      0.00%
     Simon  Property   Group  LP                   $440,000      2.45%     13/9/2029        446,282      0.00%
     Charles   Schwab   Corp.                     $425,000      3.55%      1/2/2024        446,276      0.00%
     Sprint  Spectrum   Co. LLC/Sprint    Spectrum   Co. II LLC/Sprint
                                $426,563      4.74%     20/3/2025        446,179      0.00%
       Spectrum   Co. III  LLC
     Federal   National   Mortgage   Association                 $424,756      3.00%      1/9/2036        445,504      0.00%
     Comcast   Corp.                      EUR400,000       0.25%     14/9/2029        444,763      0.00%
     Coca-Cola    Co.                      EUR400,000       0.13%      9/3/2029        444,698      0.00%
     PepsiCo,   Inc.                      EUR400,000       0.88%     16/10/2039         444,641      0.00%
     Federal   National   Mortgage   Association                 $392,577      5.50%      1/4/2034        444,497      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2012             $441,111      2.92%     15/10/2045         444,205      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $408,184      4.00%      1/5/2044        444,095      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $423,082      3.00%     1/11/2032        443,913      0.00%
     Government    National   Mortgage   Association                $413,321      3.50%     20/12/2042         443,483      0.00%
     Walmart,   Inc.                       $425,000      3.40%     26/6/2023        442,375      0.00%
     Comcast   Corp.                       $420,000      3.25%     1/11/2039        442,361      0.00%
     Cigna  Corp.                        $425,000      3.75%     15/7/2023        442,350      0.00%
                                243/362


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     Enterprise    Products   Operating    LLC                $325,000      6.13%     15/10/2039         442,278      0.00%
     Nissan  Motor  Acceptance    Co. LLC                $425,000      3.88%     21/9/2023        442,168      0.00%
     Carrier   Global  Corp.                     $430,000      2.49%     15/2/2027        441,447      0.00%
     Cleveland   Electric   Illuminating    Co.                $400,000      5.50%     15/8/2024        441,428      0.00%
     Digital  Dutch  Finco  BV                  EUR400,000       1.00%     15/1/2032        441,308      0.00%
     Ecolab,   Inc.                        $500,000      2.13%     15/8/2050        441,232      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $413,928      3.50%     1/10/2046        441,219      0.00%
     New  York  & Presbyterian    Hospital                  $365,000      3.95%      1/8/2119        440,867      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $381,079      6.00%     1/11/2038        440,812      0.00%
     Simon  Property   Group  LP                   $450,000      1.38%     15/1/2027        440,809      0.00%
     ACE  Capital   Trust  II                    $300,000      9.70%      1/4/2030        440,802      0.00%
     Government    National   Mortgage   Association                $407,083      4.00%     20/1/2045        440,755      0.00%
     Simon  Property   Group  LP                   $410,000      3.38%     15/6/2027        440,286      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $410,137      3.50%      1/4/2043        440,221      0.00%
     Texas  Instruments,    Inc.                    $350,000      4.15%     15/5/2048        439,646      0.00%
     Carlyle   Finance   LLC                     $325,000      5.65%     15/9/2048        439,634      0.00%
     Fidelity   National   Information    Services,   Inc.              $450,000      1.15%      1/3/2026        439,063      0.00%
     Merck  & Co.,  Inc.                    EUR380,000       0.50%     2/11/2024        438,454      0.00%
     Tennessee    Valley    Authority                    $300,000      5.88%      1/4/2036        438,354      0.00%
     Texas  Transportation     Commission    State  Highway   Fund          $365,000      5.18%      1/4/2030        438,300      0.00%
     Government    National   Mortgage   Association                $411,719      4.00%     20/8/2047        438,227      0.00%
     Arizona   Public  Service   Co.                   $400,000      3.75%     15/5/2046        437,694      0.00%
     Norfolk   Southern   Corp.                     $355,000      4.45%     15/6/2045        437,448      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $396,349      4.50%      1/9/2040        436,697      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $400,263      4.00%     1/12/2040        436,334      0.00%
     Federal   National   Mortgage   Association                 $385,165      5.50%      1/5/2034        436,239      0.00%
     Anthem,   Inc.                       $350,000      4.63%     15/5/2042        435,845      0.00%
     ONEOK   Partners   LP                    $325,000      6.85%     15/10/2037         435,470      0.00%
     Bank  of America   Corp.＾                   CA($)545,000        2.60%      4/4/2029        435,407      0.00%
     JB Hunt  Transport   Services,   Inc.                 $400,000      3.88%      1/3/2026        435,371      0.00%
     Commonwealth     of Massachusetts                    $425,000      2.81%      1/9/2043        434,982      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $400,000      3.95%      1/3/2043        434,650      0.00%
     Government    National   Mortgage   Association                $407,519      5.00%     20/3/2049        434,476      0.00%
     Southern   Co.                       $410,000      3.25%      1/7/2026        434,469      0.00%
     Public  Service   Electric   & Gas Co.                $375,000      3.80%      1/3/2046        434,441      0.00%
     Federal   National   Mortgage   Association                 $404,848      3.50%      1/6/2044        434,303      0.00%
     Berkshire   Hathaway,    Inc.                   $425,000      2.75%     15/3/2023        434,224      0.00%
     S&P  Global,   Inc.                      $500,000      2.30%     15/8/2060        433,991      0.00%
     Federal   National   Mortgage   Association                 $405,945      3.50%      1/7/2045        433,984      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $400,000      3.35%     25/11/2026         433,724      0.00%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $395,000      4.50%     15/12/2026         433,630      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Broadcom,    Inc.                     $395,000      4.11%     15/9/2028         433,422       0.00%
     Duke  Energy   Indiana   LLC                  $325,000      6.12%     15/10/2035         433,111       0.00%
     KeyCorp                         $425,000      2.25%      6/4/2027        432,141       0.00%
     Los Angeles   Community    College   District              $250,000      6.75%      1/8/2049        431,773       0.00%
     RPM  International,     Inc.                   $375,000      4.25%     15/1/2048         431,694       0.00%
     Government    National   Mortgage   Association              $401,704      3.50%     20/3/2043         431,616       0.00%
     Raytheon   Technologies     Corp.                 $400,000      3.50%     15/3/2027         431,335       0.00%
     UnitedHealth     Group,   Inc.                  $375,000      3.75%     15/10/2047         431,088       0.00%
                                244/362


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     MetLife,   Inc.                      $350,000      6.40%     15/12/2036         430,997       0.00%
     Essex  Portfolio   LP                    $350,000      4.50%     15/3/2048         430,912       0.00%
     Air Lease  Corp.                      $390,000      4.63%     1/10/2028         430,665       0.00%
     Comcast   Corp.                      $300,000      7.05%     15/3/2033         430,521       0.00%
     Wells  Fargo  Bank  NA                  GBP300,000       5.25%      1/8/2023        430,332       0.00%
     Boardwalk    Pipelines   LP                  $375,000      5.95%      1/6/2026        430,180       0.00%
     LyondellBasell     Industries   NV                 $350,000      4.63%     26/2/2055         429,936       0.00%
     Virginia   Electric   & Power  Co.                 $300,000      6.35%     30/11/2037         429,471       0.00%
     Waste  Management,     Inc.                  $450,000      1.15%     15/3/2028         429,080       0.00%
     Chevron   Phillips   Chemical   Co. LLC/Chevron     Phillips
                              $400,000      3.40%     1/12/2026         428,759       0.00%
       Chemical   Co. LP
     Jackson   Financial,   Inc.                   $425,000      3.13%     23/11/2031         428,713       0.00%
     International    Business   Machines   Corp.              $430,000      1.70%     15/5/2027         428,681       0.00%
     Federal   National   Mortgage   Association                $423,632      2.00%     1/12/2041         428,420       0.00%
     Pfizer,  Inc.                       $425,000      2.70%     28/5/2050         428,031       0.00%
     FedEx  Corp.                       $400,000      3.25%      1/4/2026        427,965       0.00%
     Kinder  Morgan   Energy   Partners   LP              $340,000      5.80%     15/3/2035         427,369       0.00%
     Connecticut    Light  & Power  Co.                $350,000      4.30%     15/4/2044         427,166       0.00%
     WRKCo,   Inc.                      $400,000      3.75%     15/3/2025         426,840       0.00%
     Consolidated     Edison  Co. of New  York,  Inc.            $325,000      5.85%     15/3/2036         426,727       0.00%
     Federal   National   Mortgage   Association                $400,287      3.50%      1/8/2048        426,564       0.00%
     Cargill,   Inc.                      $400,000      3.13%     25/5/2051         426,444       0.00%
     3M Co.                        $400,000      2.88%     15/10/2027         426,416       0.00%
     Ascension    Health                     $400,000      3.11%     15/11/2039         426,161       0.00%
     Dominion   Energy,   Inc.                   $400,000      3.38%      1/4/2030        426,054       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $386,359      4.50%      1/2/2041        425,781       0.00%
     Metropolitan    Transportation     Authority               $300,000      6.67%     15/11/2039         425,765       0.00%
     DR Horton,   Inc.                     $400,000      5.75%     15/8/2023         425,679       0.00%
     Merck  & Co.,  Inc.                    $445,000      2.35%     24/6/2040         425,332       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $405,961      3.00%      1/6/2046        425,187       0.00%
     McDonald's    Corp.                     $400,000      3.38%     26/5/2025         425,165       0.00%
     Government    National   Mortgage   Association              $401,429      3.50%     20/6/2045         425,162       0.00%
     American   Tower  Corp.                   $400,000      3.38%     15/10/2026         424,974       0.00%
     Ares  Capital   Corp.                     $415,000      3.50%     10/2/2023         424,648       0.00%
     Xcel  Energy,   Inc.                     $425,000      2.35%     15/11/2031         424,503       0.00%
     Johnson   & Johnson                     $435,000      0.55%      1/9/2025        424,289       0.00%
     Federal   National   Mortgage   Association                $404,465      3.00%      1/4/2035        424,145       0.00%
     Morgan   Stanley                      $400,000      3.13%     27/7/2026         424,053       0.00%
     Gilead  Sciences,   Inc.                   $350,000      4.60%      1/9/2035        424,005       0.00%
     PepsiCo,   Inc.                      $400,000      2.85%     24/2/2026         422,914       0.00%
     American   Water  Capital   Corp.                 $400,000      2.95%      1/9/2027        422,701       0.00%
     Federal   National   Mortgage   Association                $394,741      4.00%     1/11/2047         422,606       0.00%
     Marriott   International,     Inc.                 $400,000      3.75%     15/3/2025         422,268       0.00%
     eBay,  Inc.                       $375,000      4.00%     15/7/2042         421,911       0.00%
     Amgen,   Inc.                      $400,000      3.63%     22/5/2024         421,558       0.00%
     General   Motors   Co.                    $350,000      5.15%      1/4/2038        421,270       0.00%
     CFCRE   Commercial    Mortgage   Trust  2016＾             $400,000      3.22%     10/11/2049         420,482       0.00%
     Crown  Castle  International    Corp.                $425,000      3.25%     15/1/2051         420,101       0.00%
     Edison  International                       $400,000      3.55%     15/11/2024         419,784       0.00%
     Pfizer,  Inc.                       $425,000      0.80%     28/5/2025         419,754       0.00%
     Federal   National   Mortgage   Association                $397,915      3.50%     1/11/2049         419,721       0.00%
     Federal   National   Mortgage   Association                $399,306      3.00%      1/6/2033        419,683       0.00%
                                245/362

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     Federal   Home  Loan  Mortgage   Corp.               $396,243      3.00%      1/9/2033        419,434       0.00%
     Sempra   Energy                      $375,000      4.00%      1/2/2048        419,281       0.00%
     Deere  & Co.                      $300,000      7.13%      3/3/2031        419,261       0.00%
     Cardinal   Health,   Inc.                   $404,000      3.08%     15/6/2024         418,976       0.00%
     NOV,  Inc.                       $400,000      3.60%     1/12/2029         418,972       0.00%
     Boston   Scientific   Corp.                   $411,000      2.65%      1/6/2030        418,706       0.00%
     Boston   Scientific   Corp.                   $400,000      3.45%      1/3/2024        418,400       0.00%
     XLIT  Ltd.                       $305,000      5.50%     31/3/2045         418,279       0.00%
     John  Deere  Capital   Corp.                   $430,000      0.70%     15/1/2026         418,226       0.00%
     Prudential    Financial,   Inc.＾                  $400,000      4.50%     15/9/2047         418,092       0.00%
     American   Water  Capital   Corp.                 $400,000      3.25%      1/6/2051        417,707       0.00%
     Ecolab,   Inc.                      $425,000      2.75%     18/8/2055         417,602       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Bristol-Myers     Squibb  Co.                   $400,000      3.25%     1/11/2023         417,576      0.00%
     Western   Union  Co.                     $403,000      2.85%     10/1/2025         417,439      0.00%
     Government    National   Mortgage   Association                $394,013      3.50%     20/11/2045         417,308      0.00%
     Truist  Bank＾                        $400,000      3.69%      2/8/2024        417,206      0.00%
     United  Parcel  Service,   Inc.                   $400,000      2.40%     15/11/2026         416,605      0.00%
     Johnson   & Johnson                       $350,000      3.75%      3/3/2047        416,485      0.00%
     NIKE,  Inc.                        $375,000      3.38%     1/11/2046         416,435      0.00%
     Brooklyn   Union  Gas Co.                   $395,000      3.41%     10/3/2026         416,434      0.00%
     General   Motors   Financial   Co.,  Inc.                $400,000      4.25%     15/5/2023         416,434      0.00%
     Thermo   Fisher  Scientific,   Inc.                  $300,000      5.30%      1/2/2044        416,168      0.00%
     American   Transmission     Systems,   Inc.               $325,000      5.00%      1/9/2044        416,130      0.00%
     ViacomCBS,    Inc.                      $300,000      7.88%     30/7/2030         415,842      0.00%
     Fidelity   National   Information    Services,   Inc.             $425,000      2.25%      1/3/2031        415,765      0.00%
     Wisconsin    Public  Service   Corp.                  $325,000      4.75%     1/11/2044         415,582      0.00%
     Essential   Utilities,   Inc.                    $400,000      3.35%     15/4/2050         415,084      0.00%
     Northwell   Healthcare,    Inc.                   $375,000      3.81%     1/11/2049         414,666      0.00%
     Raytheon   Technologies     Corp.                  $300,000      6.05%      1/6/2036        414,504      0.00%
     Federal   National   Mortgage   Association                 $375,923      5.00%      1/2/2050        414,382      0.00%
     Government    National   Mortgage   Association                $401,822      2.50%     20/12/2046         414,090      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $392,692      3.00%     1/10/2042         414,049      0.00%
     Blackstone    Holdings   Finance   Co. LLC               $430,000      2.00%     30/1/2032         413,812      0.00%
     Government    National   Mortgage   Association                $381,980      4.00%     20/3/2045         413,575      0.00%
     Tanger   Properties    LP                    $400,000      3.13%      1/9/2026        413,215      0.00%
     ITC  Holdings   Corp.                     $315,000      5.30%      1/7/2043        413,205      0.00%
     Discovery    Communications      LLC                 $300,000      6.35%      1/6/2040        413,028      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2016            $400,000      2.81%     15/11/2059         412,353      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $393,546      3.00%     1/11/2046         412,185      0.00%
     Santander   Holdings   USA,  Inc.                  $375,000      4.40%     13/7/2027         412,096      0.00%
     US Treasury   Note                      $400,000      1.88%     31/7/2026         411,500      0.00%
     Aon  plc                         $330,000      4.75%     15/5/2045         411,479      0.00%
     Federal   National   Mortgage   Association                 $383,621      4.00%      1/6/2038        411,415      0.00%
     Steel  Dynamics,    Inc.                     $400,000      5.00%     15/12/2026         411,198      0.00%
     Lear  Corp.                        $325,000      5.25%     15/5/2049         410,920      0.00%
     Phillips   66                        $350,000      4.65%     15/11/2034         410,871      0.00%
     Federal   National   Mortgage   Association                 $381,604      3.50%     1/12/2044         410,456      0.00%
     Procter   & Gamble   Co.                   GBP300,000       1.38%      3/5/2025        410,171      0.00%
     Owens  Corning                        $350,000      4.40%     30/1/2048         410,139      0.00%
                                246/362


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     Mastercard,    Inc.                      $400,000      2.00%      3/3/2025        409,992      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $400,000      2.10%     25/9/2031         409,651      0.00%
     MetLife   Capital   Trust  IV                   $300,000      7.88%     15/12/2037         409,557      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $395,466      2.50%      1/7/2028        409,505      0.00%
     Booking   Holdings,   Inc.                   EUR336,000       1.80%      3/3/2027        409,391      0.00%
     Federal   National   Mortgage   Association                 $378,792      4.00%      1/3/2046        409,361      0.00%
     Federal   National   Mortgage   Association                 $384,165      4.00%      1/8/2049        409,181      0.00%
     Archer-Daniels-Midland        Co.                  $305,000      5.38%     15/9/2035         409,132      0.00%
     JP Morgan   Chase  Commercial    Mortgage   Securities   Trust  2013       $400,000      2.96%     15/4/2046         408,310      0.00%
     Federal   National   Mortgage   Association＾                 $425,000      1.32%     25/10/2030         407,937      0.00%
     Interpublic    Group  of Cos,  Inc.                 $300,000      5.40%     1/10/2048         407,756      0.00%
     Apple,  Inc.                        $325,000      4.25%      9/2/2047        407,652      0.00%
     MPLX  LP                        $350,000      4.70%     15/4/2048         407,584      0.00%
     EOG  Resources,    Inc.                    $300,000      4.95%     15/4/2050         407,442      0.00%
     Government    National   Mortgage   Association                $384,625      3.50%     20/12/2044         407,162      0.00%
     Government    National   Mortgage   Association                $381,270      4.00%     20/4/2047         407,018      0.00%
     Jersey  Central   Power  & Light  Co.                $400,000      2.75%      1/3/2032        407,013      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $375,000      3.19%     25/7/2027         406,789      0.00%
     Anthem,   Inc.                       $325,000      4.55%      1/3/2048        406,531      0.00%
     Exxon  Mobil  Corp.                      $370,000      3.57%      6/3/2045        406,201      0.00%
     Federal   National   Mortgage   Association                 $391,913      2.50%     1/10/2027         405,982      0.00%
     Federal   National   Mortgage   Association                 $387,896      3.00%      1/6/2035        405,638      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $374,368      4.00%      1/9/2045        404,709      0.00%
     Toyota   Auto  Receivables    2018-C   Owner  Trust             $400,000      3.13%     15/2/2024         404,619      0.00%
     Primerica,    Inc.                       $400,000      2.80%     19/11/2031         404,551      0.00%
     Federal   National   Mortgage   Association                 $390,907      2.50%     1/12/2034         404,408      0.00%
     Eversource    Energy                      $387,000      3.15%     15/1/2025         404,189      0.00%
     Kentucky   Utilities   Co.                    $315,000      5.13%     1/11/2040         403,916      0.00%
     Dominion   Energy   South  Carolina,   Inc.               $400,000      2.30%     1/12/2031         403,421      0.00%
     North  Texas  Tollway   Authority                   $240,000      6.72%      1/1/2049        403,263      0.00%
     Comcast   Corp.                       $375,000      3.30%      1/2/2027        403,161      0.00%
     AT&T,  Inc.                      CA($)450,000        4.85%     25/5/2047         403,159      0.00%
     Government    National   Mortgage   Association                $386,563      3.00%     20/3/2048         403,068      0.00%
     California   State  University                     $400,000      2.72%     1/11/2052         403,053      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     NOV,  Inc.                        $410,000      3.95%     1/12/2042        402,855      0.00%
     Federal   National   Mortgage   Association                 $355,083      5.50%      1/2/2035        402,766      0.00%
     National   Securities   Clearing   Corp.                 $400,000      1.50%     23/4/2025        402,736      0.00%
     Bank  of America   Corp.＾                   CA($)495,000        2.93%     25/4/2025        402,506      0.00%
     Boeing  Co.                        $400,000      3.50%      1/3/2039        402,434      0.00%
     California   State  University                     $400,000      2.94%     1/11/2052        401,686      0.00%
     XLIT  Ltd.                        $369,000      4.45%     31/3/2025        400,513      0.00%
     Virginia   Electric   & Power  Co.                  $370,000      3.50%     15/3/2027        400,015      0.00%
     Exxon  Mobil  Corp.                      $325,000      4.33%     19/3/2050        399,977      0.00%
     Federal   National   Mortgage   Association                 $362,621      4.50%      1/8/2040        399,425      0.00%
     Westlake   Chemical   Corp.                    $339,000      4.38%     15/11/2047         399,394      0.00%
     Jackson   Financial,   Inc.                    $400,000      1.13%     22/11/2023         399,392      0.00%
     Government    National   Mortgage   Association                $378,304      3.00%     20/5/2043        399,267      0.00%
     Physicians    Realty  LP                    $400,000      2.63%     1/11/2031        399,203      0.00%
     Home  Depot,  Inc.                      $320,000      4.40%     15/3/2045        399,052      0.00%
                                247/362


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     Atmos  Energy   Corp.                     $400,000      0.63%      9/3/2023        398,952      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $388,076      2.50%      1/6/2040        398,932      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2016             $380,000      3.37%     15/10/2049         398,749      0.00%
     Federal   Realty  Investment    Trust                 $335,000      4.50%     1/12/2044        398,353      0.00%
     JBS USA  LUX  SA/JBS   USA  Food  Co./JBS   USA  Finance,   Inc.
                                $400,000      3.00%     15/5/2032        398,263      0.00%
     Moody's   Corp.                       $300,000      4.88%     17/12/2048         398,059      0.00%
     Government    National   Mortgage   Association                $375,811      3.50%     20/2/2046        398,030      0.00%
     VMware,   Inc.                       $365,000      4.50%     15/5/2025        397,930      0.00%
     Duquesne   Light  Holdings,   Inc.                  $400,000      2.78%      7/1/2032        397,871      0.00%
     Caterpillar,    Inc.                      $400,000      1.90%     12/3/2031        397,568      0.00%
     Sixth  Street  Specialty   Lending,   Inc.                $400,000      2.50%      1/8/2026        397,431      0.00%
     Alexandria    Real  Estate  Equities,   Inc.                $400,000      3.00%     18/5/2051        397,221      0.00%
     McDonald's    Corp.                      $325,000      4.45%      1/3/2047        397,195      0.00%
     Xcel  Energy,   Inc.                      $400,000      1.75%     15/3/2027        397,161      0.00%
     Athene   Global  Funding                     $400,000      1.00%     16/4/2024        397,150      0.00%
     Energy   Transfer   LP                     $350,000      4.90%     15/3/2035        396,980      0.00%
     Federal   National   Mortgage   Association                 $360,395      4.50%      1/9/2042        396,973      0.00%
     Brighthouse    Financial   Global  Funding                 $400,000      1.00%     12/4/2024        396,878      0.00%
     Federal   National   Mortgage   Association                 $378,606      3.00%      1/4/2032        396,839      0.00%
     GLP  Capital   LP/GLP   Financing   II, Inc.               $350,000      5.30%     15/1/2029        396,218      0.00%
     Diamondback     Energy,   Inc.                   $375,000      3.25%     1/12/2026        395,851      0.00%
     Chevron   USA,  Inc.                     $300,000      5.05%     15/11/2044         395,254      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $368,784      5.50%      1/9/2048        394,791      0.00%
     East  Ohio  Gas Co.                     $400,000      1.30%     15/6/2025        394,767      0.00%
     Duke  Energy   Corp.                      $380,000      2.65%      1/9/2026        394,417      0.00%
     Government    National   Mortgage   Association                $365,568      4.00%     20/6/2045        394,342      0.00%
     Biogen,   Inc.                        $400,000      2.25%      1/5/2030        394,184      0.00%
     Federal   National   Mortgage   Association                 $373,957      3.00%      1/4/2043        393,716      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $367,612      4.00%      1/5/2047        393,712      0.00%
     Philip  Morris  International,     Inc.                 $375,000      3.60%     15/11/2023         393,399      0.00%
     New  York  City  Transitional    Finance   Authority   Future  Tax
                                $300,000      5.51%      1/8/2037        393,019      0.00%
       Secured   Revenue
     Kroger   Co.                        $300,000      5.40%     15/7/2040        392,494      0.00%
     Government    National   Mortgage   Association                $370,689      3.50%     20/2/2045        392,410      0.00%
     JM Smucker   Co.                      $335,000      4.25%     15/3/2035        392,182      0.00%
     Equinix,   Inc.                       $380,000      2.63%     18/11/2024         392,017      0.00%
     Federal   National   Mortgage   Association＾                 $350,000      3.55%     25/9/2028        391,585      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $362,621      3.50%      1/4/2042        391,504      0.00%
     Marathon   Oil Corp.                      $325,000      5.20%      1/6/2045        391,471      0.00%
     Phillips   Edison  Grocery   Center   Operating    Partnership    ILP        $400,000      2.63%     15/11/2031         391,338      0.00%
     Procter   & Gamble   Co.                   EUR300,000       1.88%     30/10/2038         391,182      0.00%
     Sabra  Health  Care  LP                    $400,000      3.20%     1/12/2031        391,141      0.00%
     Johnson   & Johnson                       $375,000      2.45%      1/3/2026        390,910      0.00%
     Los Angeles   Unified   School  District                 $300,000      5.75%      1/7/2034        390,566      0.00%
     T-Mobile   USA,  Inc.                     $400,000      3.30%     15/2/2051        390,508      0.00%
     Extra  Space  Storage   LP                   $400,000      2.35%     15/3/2032        390,487      0.00%
     Commonwealth     Edison  Co.                   $400,000      2.75%      1/9/2051        390,443      0.00%
     Sysco  Corp.                        $250,000      6.60%      1/4/2050        390,381      0.00%
     Laboratory    Corp.  of America   Holdings                 $375,000      2.95%     1/12/2029        390,196      0.00%
     Bank  of America   Corp.＾                     $350,000      4.27%     23/7/2029        390,174      0.00%
     Anthem,   Inc.                       $350,000      4.10%      1/3/2028        389,990      0.00%
                                248/362


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     Federal   Home  Loan  Mortgage   Corp.                $370,607      3.00%      1/4/2047        389,452      0.00%
     Alabama   Power  Co.                     $325,000      4.30%      2/1/2046        389,378      0.00%
     Diamondback     Energy,   Inc.                   $375,000      2.88%     1/12/2024        389,317      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $375,000      2.24%     25/10/2031         388,920      0.00%
     Arch  Capital   Finance   LLC                   $300,000      5.03%     15/12/2046         388,911      0.00%
     Nationwide    Mutual   Insurance   Co.                 $225,000      9.38%     15/8/2039        388,764      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Progressive    Corp.                      $300,000      6.63%      1/3/2029        388,677      0.00%
     Boston   Scientific   Corp.                    $325,000      4.55%      1/3/2039        388,622      0.00%
     Office  Properties    Income   Trust                  $400,000      3.45%     15/10/2031         388,471      0.00%
     salesforce.com,     Inc.                     $350,000      3.70%     11/4/2028        388,072      0.00%
     Arthur  J Gallagher   & Co.                   $400,000      3.05%      9/3/2052        388,025      0.00%
     Federal   National   Mortgage   Association                 $355,292      4.00%      1/5/2044        387,942      0.00%
     Fortinet,   Inc.                       $400,000      1.00%     15/3/2026        387,715      0.00%
     Federal   National   Mortgage   Association                 $369,299      3.00%      1/1/2035        387,680      0.00%
     Cheniere   Corpus   Christi  Holdings   LLC               $350,000      7.00%     30/6/2024        387,408      0.00%
     Trimble,   Inc.                       $340,000      4.90%     15/6/2028        387,328      0.00%
     GE Capital   European   Funding   Unlimited   Co.            EUR200,000       6.03%      1/3/2038        387,007      0.00%
     Pacific  Gas  & Electric   Co.                   $400,000      2.10%      1/8/2027        386,821      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $361,245      4.50%      1/2/2049        386,764      0.00%
     Federal   National   Mortgage   Association                 $353,409      4.00%     1/10/2044        386,629      0.00%
     Commonwealth     Edison  Co.                   $325,000      4.00%      1/3/2049        386,334      0.00%
     UBS  Commercial    Mortgage   Trust  2018               $350,000      3.98%     15/2/2051        386,122      0.00%
     Air Products   & Chemicals,    Inc.                EUR337,000       0.80%      5/5/2032        385,837      0.00%
     Government    National   Mortgage   Association                $374,325      2.50%     20/11/2046         385,754      0.00%
     Charter   Communications      Operating    LLC/Charter
                               $350,000      4.91%     23/7/2025        385,503      0.00%
       Communications      Operating    Capital
     American   Airlines   2016-3  Class  AA Pass  Through   Trust          $385,915      3.00%     15/10/2028         385,294      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $375,000      2.44%     25/2/2036        384,863      0.00%
     3M Co.                        EUR333,000       0.95%     15/5/2023        384,632      0.00%
     MetLife,   Inc.                       $325,000      4.13%     13/8/2042        384,605      0.00%
     Duke  Energy   Progress   LLC                   $350,000      3.70%      1/9/2028        384,389      0.00%
     New  York  Life Insurance   Co.                  $300,000      4.45%     15/5/2069        384,257      0.00%
     Federal   National   Mortgage   Association                 $358,829      4.00%      1/3/2048        384,158      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $354,954      4.50%      1/4/2047        383,967      0.00%
     Federal   National   Mortgage   Association                 $358,700      4.50%      1/8/2049        383,910      0.00%
     Aon  Corp.                         $350,000      3.75%      2/5/2029        383,742      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $370,156      2.50%      1/6/2028        383,325      0.00%
     Owens  Corning                        $350,000      3.95%     15/8/2029        383,105      0.00%
     Bristol-Myers     Squibb  Co.                   $300,000      4.63%     15/5/2044        382,704      0.00%
     Comcast   Corp.                       $350,000      3.95%     15/10/2025         382,649      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $363,422      3.50%      1/7/2026        382,646      0.00%
     Global  Payments,    Inc.                    $375,000      2.90%     15/5/2030        381,881      0.00%
     Valero  Energy   Corp.                     $350,000      4.00%      1/4/2029        381,670      0.00%
     Federal   National   Mortgage   Association                 $350,904      4.00%     1/11/2044        381,621      0.00%
     Aptiv  plc                        $400,000      3.10%     1/12/2051        381,152      0.00%
     McDonald's    Corp.                      $350,000      3.63%      1/5/2043        380,369      0.00%
     Cox  Communications,      Inc.                   $325,000      4.50%     30/6/2043        380,042      0.00%
     Avery  Dennison   Corp.                     $375,000      2.65%     30/4/2030        379,953      0.00%
     Federal   National   Mortgage   Association                 $344,651      4.50%      1/2/2045        379,666      0.00%
                                249/362


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     Tennessee    Valley    Authority                    $250,000      6.15%     15/1/2038        379,589      0.00%
     Dow  Chemical   Co.                     $350,000      3.60%     15/11/2050         379,501      0.00%
     Arrow  Electronics,    Inc.                    $350,000      3.88%     12/1/2028        379,377      0.00%
     Sherwin-Williams      Co.                    $350,000      3.45%      1/6/2027        379,282      0.00%
     Federal   National   Mortgage   Association                 $355,105      3.50%      1/1/2046        379,183      0.00%
     Trustees   of the University    of Pennsylvania                $250,000      4.67%      1/9/2112        379,167      0.00%
     CF Industries,    Inc.                     $300,000      5.38%     15/3/2044        378,675      0.00%
     Baxter  International,     Inc.                   $375,000      2.27%     1/12/2028        377,995      0.00%
     Federal   National   Mortgage   Association                 $350,269      3.50%      1/3/2045        377,962      0.00%
     Federal   National   Mortgage   Association                 $360,064      3.00%     1/12/2035        377,507      0.00%
     Citizens   Bank  NA                     $350,000      3.75%     18/2/2026        377,342      0.00%
     Federal   National   Mortgage   Association                 $347,050      4.00%      1/6/2044        377,228      0.00%
     Energy   Transfer   LP                     $365,000      2.90%     15/5/2025        377,146      0.00%
     AmerisourceBergen       Corp.                    $350,000      3.45%     15/12/2027         377,095      0.00%
     United  Parcel  Service,   Inc.                 CA($)470,000        2.13%     21/5/2024        376,812      0.00%
     Allstate   Corp.                       $350,000      3.28%     15/12/2026         376,672      0.00%
     Federal   National   Mortgage   Association                 $345,282      4.00%     1/11/2045        376,597      0.00%
     Medtronic,    Inc.                      $353,000      3.50%     15/3/2025        376,172      0.00%
     Johnson   Controls   International    plc/Tyco   Fire  & Security
                              EUR330,000       1.00%     15/9/2032        376,107      0.00%
       Finance   SCA
     Amgen,   Inc.                       $300,000      4.95%     1/10/2041        375,729      0.00%
     Federal   National   Mortgage   Association                 $351,406      3.50%      1/3/2046        375,234      0.00%
     CenterPoint    Energy   Resources    Corp.                $275,000      5.85%     15/1/2041        375,117      0.00%
     CSX  Corp.                        $300,000      4.50%     15/3/2049        375,105      0.00%
     Capital   One  Financial   Corp.                   $350,000      3.75%     28/7/2026        374,993      0.00%
     Federal   National   Mortgage   Association                 $362,271      2.50%     1/12/2035        374,830      0.00%
     Quest  Diagnostics,    Inc.                    $350,000      3.45%      1/6/2026        374,537      0.00%
     Anthem,   Inc.                       $375,000      1.50%     15/3/2026        374,461      0.00%
     Bank  of America   Corp.                     $350,000      3.95%     21/4/2025        374,230      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     CCRE25   Commercial    Mortgage   Trust  2015              $350,000      3.76%     10/8/2048        374,087      0.00%
     Wachovia   Corp.                       $295,000      5.50%      1/8/2035        374,087      0.00%
     Valero  Energy   Corp.                     $350,000      3.40%     15/9/2026        374,052      0.00%
     Utah  Acquisition    Sub,  Inc.                   $305,000      5.25%     15/6/2046        373,939      0.00%
     T-Mobile   USA,  Inc.                     $375,000      3.40%     15/10/2052         373,924      0.00%
     Wells  Fargo  & Co.                     $350,000      3.55%     29/9/2025        373,717      0.00%
     Massachusetts     Institute   of Technology                 $250,000      4.68%      1/7/2114        373,505      0.00%
     Federal   National   Mortgage   Association                 $350,853      4.00%     1/11/2048        373,482      0.00%
     Stryker   Corp.                        $350,000      3.38%     1/11/2025        372,900      0.00%
     Waste  Connections,     Inc.                   $366,000      2.60%      1/2/2030        372,847      0.00%
     Astrazeneca    Finance   LLC                   $375,000      0.70%     28/5/2024        372,098      0.00%
     Tyson  Foods,  Inc.                      $300,000      4.55%      2/6/2047        371,834      0.00%
     Realty  Income   Corp.                     $350,000      3.10%     15/12/2029         371,719      0.00%
     ViacomCBS,    Inc.                      $275,000      5.85%      1/9/2043        371,699      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $346,319      3.50%      1/7/2043        371,594      0.00%
     Dell  International    LLC/EMC    Corp.                 $243,000      8.10%     15/7/2036        370,898      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $347,968      3.50%      1/7/2034        370,603      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $350,000      3.59%     25/1/2025        370,477      0.00%
     Federal   National   Mortgage   Association                 $320,767      6.00%      1/9/2037        370,367      0.00%
     MetLife,   Inc.                       $350,000      3.60%     10/4/2024        370,207      0.00%
                                250/362


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     Zoetis,   Inc.                        $350,000      3.00%     12/9/2027        370,117      0.00%
     Texas  Eastern   Transmission     LP                 $330,000      4.15%     15/1/2048        370,042      0.00%
     Government    National   Mortgage   Association                $332,971      4.50%     20/4/2041        369,996      0.00%
     Procter   & Gamble   Co.                    $350,000      2.70%      2/2/2026        369,995      0.00%
     Amazon.com,     Inc.                      $375,000      1.20%      3/6/2027        369,965      0.00%
     Federal   National   Mortgage   Association                 $346,810      3.50%      1/4/2032        369,956      0.00%
     Federal   National   Mortgage   Association                 $335,180      4.50%      1/6/2041        369,228      0.00%
     Nationwide    Financial   Services,   Inc.                $300,000      6.75%     15/5/2037        369,000      0.00%
     JPMorgan   Chase  & Co.＾                    $350,000      4.02%     5/12/2024        368,667      0.00%
     Bank  of New  York  Mellon  Corp.                  $350,000      3.65%      4/2/2024        368,619      0.00%
     Ryder  System,   Inc.                     $350,000      3.65%     18/3/2024        368,400      0.00%
     MidAmerican     Energy   Co.                   $300,000      4.40%     15/10/2044         368,378      0.00%
     PepsiCo,   Inc.                       $350,000      2.63%     29/7/2029        368,087      0.00%
     Caterpillar    Financial   Services   Corp.                $375,000      0.80%     13/11/2025         367,806      0.00%
     Burlington    Northern   Santa  Fe LLC                $300,000      4.15%     15/12/2048         367,675      0.00%
     Government    National   Mortgage   Association                $339,583      4.00%     20/8/2044        367,672      0.00%
     Altria  Group,   Inc.                      $350,000      3.80%     14/2/2024        367,521      0.00%
     State  of Mississippi                        $290,000      5.25%     1/11/2034        367,373      0.00%
     American   Express   Co.                    $350,000      3.40%     22/2/2024        366,577      0.00%
     Teachers   Insurance   & Annuity   Association    of America           $350,000      3.30%     15/5/2050        366,168      0.00%
     Discover   Bank＾                       $350,000      4.68%      9/8/2028        365,957      0.00%
     Merck  & Co.,  Inc.                    EUR300,000       1.38%     2/11/2036        365,287      0.00%
     JPMorgan   Chase  & Co.                    $290,000      7.63%     15/10/2026         365,136      0.00%
     Lowe's   Cos,  Inc.                      $350,000      3.88%     15/9/2023        365,115      0.00%
     Comcast   Corp.                       $310,000      4.20%     15/8/2034        364,836      0.00%
     City  of San Antonio   TX Electric   & Gas Systems   Revenue          $250,000      5.81%      1/2/2041        364,642      0.00%
     Nasdaq,   Inc.                      EUR300,000       1.75%     28/3/2029        364,533      0.00%
     Las Vegas  Sands  Corp.                     $364,000      2.90%     25/6/2025        364,446      0.00%
     HollyFrontier     Corp.                      $325,000      5.88%      1/4/2026        364,436      0.00%
     Federal   National   Mortgage   Association                 $370,138      1.50%      1/9/2041        364,435      0.00%
     Pfizer,  Inc.                        $350,000      2.95%     15/3/2024        364,342      0.00%
     Federal   National   Mortgage   Association                 $345,797      3.50%      1/1/2026        364,071      0.00%
     Arrow  Electronics,    Inc.                    $349,000      3.25%      8/9/2024        363,984      0.00%
     Toyota   Motor  Credit  Corp.                   $350,000      2.90%     17/4/2024        363,948      0.00%
     Duke  Energy   Corp.                      $350,000      3.50%     15/6/2051        363,835      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $250,000      7.25%     15/1/2033        363,723      0.00%
     Wells  Fargo  Bank  NA                    $250,000      6.60%     15/1/2038        363,504      0.00%
     CF Industries,    Inc.                     $300,000      5.15%     15/3/2034        363,385      0.00%
     Texas  Private   Activity   Bond  Surface   Transportation     Corp.         $325,000      3.92%     31/12/2049         363,334      0.00%
     VF Corp.                         $350,000      2.95%     23/4/2030        363,250      0.00%
     Federal   National   Mortgage   Association                 $333,073      4.00%      1/3/2042        363,148      0.00%
     City  of Houston   TX                     $295,000      6.29%      1/3/2032        363,087      0.00%
     Government    National   Mortgage   Association                $342,810      3.50%     20/8/2044        362,897      0.00%
     Omega   Healthcare    Investors,    Inc.                $325,000      5.25%     15/1/2026        362,874      0.00%
     Federal   National   Mortgage   Association                 $340,849      3.50%      1/2/2032        362,807      0.00%
     Colgate-Palmolive      Co.                   EUR300,000       1.38%      6/3/2034        362,678      0.00%
     Synchrony    Credit  Card  Master   Note  Trust              $350,000      3.47%     15/5/2026        362,646      0.00%
     Government    National   Mortgage   Association                $343,568      3.50%     20/1/2047        362,541      0.00%
     General   Motors   Financial   Co.,  Inc.                $350,000      2.90%     26/2/2025        362,473      0.00%
     UBS  Commercial    Mortgage   Trust  2018＾               $325,000      4.12%     15/3/2051        362,396      0.00%
     Comcast   Corp.                       $250,000      6.45%     15/3/2037        362,388      0.00%
                                251/362


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                                                 公正価格      純資産総額
                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   Home  Loan  Mortgage   Corp.                $346,179      3.00%      1/5/2027        362,353      0.00%
     Fidelity   National   Information    Services,   Inc.            EUR315,000       0.75%     21/5/2023        362,153      0.00%
     Bacardi   Ltd.                       $275,000      5.30%     15/5/2048        361,638      0.00%
     Halliburton    Co.                      $350,000      2.92%      1/3/2030        361,474      0.00%
     Home  Depot,  Inc.                      $300,000      4.20%      1/4/2043        361,442      0.00%
     PacifiCorp                          $350,000      2.70%     15/9/2030        361,374      0.00%
     Fiserv,   Inc.                      EUR300,000       1.63%      1/7/2030        361,072      0.00%
     Federal   National   Mortgage   Association                 $337,248      4.50%      1/7/2049        360,950      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $338,005      3.50%      1/5/2032        360,685      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2018＾             $325,000      4.01%     15/3/2051        360,571      0.00%
     Federal   National   Mortgage   Association                 $333,396      4.50%      1/1/2048        360,524      0.00%
     Reliance   Standard   Life Global  Funding   II             $350,000      2.50%     30/10/2024         360,051      0.00%
     Altria  Group,   Inc.                      $375,000      4.00%      4/2/2061        359,656      0.00%
     Travelers   Cos,  Inc.                     $300,000      4.00%     30/5/2047        359,586      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $343,559      3.00%      1/1/2027        359,369      0.00%
     US Bancorp                         $335,000      3.15%     27/4/2027        359,287      0.00%
     Equinix,   Inc.                       $375,000      3.00%     15/7/2050        358,742      0.00%
     PepsiCo,   Inc.                       $300,000      4.00%      5/3/2042        358,711      0.00%
     Capital   One  Financial   Corp.                   $350,000      3.20%     30/1/2023        358,615      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $370,000      1.35%     25/5/2030        358,517      0.00%
     Federal   National   Mortgage   Association                 $341,060      3.00%      1/9/2033        358,465      0.00%
     Federal   National   Mortgage   Association                 $342,805      3.00%      1/2/2027        358,447      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $331,266      4.00%      1/2/2046        358,114      0.00%
     General   Motors   Financial   Co.,  Inc.                $350,000      2.70%     20/8/2027        358,011      0.00%
     Intel  Corp.                        $355,000      3.10%     15/2/2060        357,686      0.00%
     Apple,  Inc.                        $285,000      4.50%     23/2/2036        357,675      0.00%
     Federal   National   Mortgage   Association                 $332,097      3.50%     1/12/2042        357,464      0.00%
     Wells  Fargo  & Co.                    EUR300,000       1.63%      2/6/2025        357,305      0.00%
     Government    National   Mortgage   Association                $341,682      3.00%     20/11/2046         357,137      0.00%
     Federal   National   Mortgage   Association                 $368,949      1.50%      1/9/2051        356,960      0.00%
     UnitedHealth     Group,   Inc.                   $240,000      6.63%     15/11/2037         356,896      0.00%
     NIKE,  Inc.                        $350,000      2.25%      1/5/2023        356,512      0.00%
     American   Express   Co.                    $300,000      4.05%     3/12/2042        356,236      0.00%
     Exelon  Corp.                        $275,000      5.10%     15/6/2045        356,098      0.00%
     Federal   National   Mortgage   Association                 $326,729      4.00%      1/7/2040        356,070      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $331,722      3.50%      1/1/2042        355,924      0.00%
     Government    National   Mortgage   Association                $320,272      4.50%     20/7/2041        355,884      0.00%
     Oracle  Corp.                        $325,000      4.38%     15/5/2055        355,780      0.00%
     Federal   National   Mortgage   Association                 $326,381      4.00%      1/9/2040        355,678      0.00%
     American   Honda  Finance   Corp.                  $350,000      1.95%     10/5/2023        355,657      0.00%
     Lockheed   Martin  Corp.                    $300,000      4.07%     15/12/2042         355,423      0.00%
     Dow  Chemical   Co.                     $275,000      5.25%     15/11/2041         355,302      0.00%
     Trane  Technologies     Luxembourg    Finance   SA            $325,000      3.80%     21/3/2029        355,105      0.00%
     Dover  Corp.                       EUR300,000       1.25%     9/11/2026        354,880      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $338,777      3.00%      1/5/2046        354,821      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $325,969      4.00%      1/1/2045        354,647      0.00%
     3M Co.                         $325,000      3.38%      1/3/2029        354,590      0.00%
     Hess  Corp.                        $325,000      4.30%      1/4/2027        354,520      0.00%
     Bank  of America   Corp.                     $250,000      5.88%      7/2/2042        354,131      0.00%
     Massachusetts     Institute   of Technology                 $200,000      5.60%      1/7/2111        354,099      0.00%
                                252/362


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     AmerisourceBergen       Corp.                   $350,000      2.70%     15/3/2031        354,069      0.00%
     Keysight   Technologies,     Inc.                  $327,000      4.55%     30/10/2024         353,851      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $341,441      2.50%      1/8/2027        353,816      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $350,000      1.76%     25/3/2028        353,689      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $336,889      3.00%     1/10/2030        353,389      0.00%
     Liberty   Mutual   Finance   Europe   DAC               EUR300,000       1.75%     27/3/2024        353,323      0.00%
     General   Motors   Financial   Co.,  Inc.                $350,000      1.70%     18/8/2023        353,318      0.00%
     Baxter  International,     Inc.                  EUR300,000       1.30%     30/5/2025        353,247      0.00%
     Cameron   LNG  LLC                     $325,000      3.70%     15/1/2039        352,808      0.00%
     Federal   National   Mortgage   Association                 $338,752      2.50%     1/11/2036        352,746      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $310,000      3.54%     25/3/2034        352,650      0.00%
     Morgan   Stanley                       $325,000      3.88%     27/1/2026        352,343      0.00%
     DTE  Electric   Co.                      $300,000      4.00%      1/4/2043        352,335      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $327,583      3.50%      1/6/2045        352,092      0.00%
     Medtronic    Global  Holdings   SCA                EUR300,000       1.00%      2/7/2031        352,026      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2012        $350,432      2.86%     15/11/2045         351,966      0.00%
     City  of New  York  NY                    $250,000      6.27%     1/12/2037        351,564      0.00%
     Linde,  Inc.                       EUR300,000       1.20%     12/2/2024        351,499      0.00%
     Cargill,   Inc.                      EUR300,000       2.50%     15/2/2023        351,446      0.00%
     Kansas   City  Southern                      $275,000      4.95%     15/8/2045        351,287      0.00%
     American   Express   Co.                    $340,000      2.50%     30/7/2024        351,195      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     CubeSmart    LP                     $350,000      2.25%     15/12/2028         351,134       0.00%
     McDonald's    Corp.                    EUR300,000       0.90%     15/6/2026         350,711       0.00%
     Energy   Transfer   LP                    $325,000      5.88%     15/1/2024         350,706       0.00%
     United  Airlines   2020-1  Class  B Pass  Through   Trust          $336,750      4.88%     15/1/2026         350,593       0.00%
     Federal   National   Mortgage   Association                $350,000      1.78%     25/5/2030         350,583       0.00%
     Berkshire   Hathaway,    Inc.                 EUR300,000       1.30%     15/3/2024         350,521       0.00%
     Kimberly-Clark     Corp.                    $340,000      2.88%      7/2/2050        350,390       0.00%
     American   Honda  Finance   Corp.                 $350,000      0.88%      7/7/2023        350,375       0.00%
     Novant   Health,   Inc.                    $325,000      3.32%     1/11/2061         350,084       0.00%
     PPG  Industries,    Inc.                   EUR300,000       0.88%     3/11/2025         349,945       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $333,634      3.00%      1/8/2029        349,926       0.00%
     Goldman   Sachs  Group,   Inc.                 $325,000      3.85%     26/1/2027         349,914       0.00%
     Owl  Rock  Capital   Corp.                   $336,000      4.00%     30/3/2025         349,878       0.00%
     Citigroup,    Inc.                     $257,000      6.13%     25/8/2036         349,844       0.00%
     Laboratory    Corp.  of America   Holdings               $331,000      3.60%      1/2/2025        349,581       0.00%
     MPLX  LP                       $350,000      2.65%     15/8/2030         349,392       0.00%
     Stryker   Corp.                     EUR300,000       1.13%     30/11/2023         349,390       0.00%
     Toyota   Motor  Credit  Corp.                  $350,000      0.35%     14/10/2022         349,350       0.00%
     Federal   National   Mortgage   Association                $323,036      4.50%     1/11/2047         349,321       0.00%
     JPMorgan   Chase  & Co.＾                   $350,000      0.70%     16/3/2024         349,312       0.00%
     Consolidated     Edison  Co. of New  York,  Inc.            $250,000      6.30%     15/8/2037         349,305       0.00%
     CubeSmart    LP                     $350,000      2.50%     15/2/2032         349,296       0.00%
     Ares  Capital   Corp.                     $350,000      2.88%     15/6/2028         349,111       0.00%
     Bristol-Myers     Squibb  Co.                  $325,000      3.20%     15/6/2026         348,948       0.00%
     Amazon.com,     Inc.                    $350,000      0.40%      3/6/2023        348,934       0.00%
     Cardinal   Health,   Inc.                   $325,000      3.75%     15/9/2025         348,648       0.00%
     Teledyne   Technologies,     Inc.                 $350,000      0.65%      1/4/2023        348,330       0.00%
     Hormel   Foods  Corp.                    $355,000      1.80%     11/6/2030         348,168       0.00%
                                253/362


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     Amphenol   Technologies     Holding   GmbH             EUR300,000       0.75%      4/5/2026        348,165       0.00%
     PPL  Electric   Utilities   Corp.                  $275,000      4.75%     15/7/2043         348,057       0.00%
     Federal   National   Mortgage   Association                $326,128      3.50%      1/5/2032        347,894       0.00%
     Duke  Energy   Carolinas   LLC                 $250,000      6.00%     15/1/2038         347,829       0.00%
     Federal   National   Mortgage   Association                $323,926      3.50%      1/6/2043        347,448       0.00%
     Hormel   Foods  Corp.                    $350,000      0.65%      3/6/2024        347,365       0.00%
     Honeywell    International,     Inc.                EUR300,000       1.30%     22/2/2023         347,364       0.00%
     Government    National   Mortgage   Association              $318,231      4.00%     20/1/2041         347,295       0.00%
     Government    National   Mortgage   Association              $325,026      3.50%     15/1/2042         347,157       0.00%
     Illinois  Tool  Works,   Inc.                 EUR300,000       1.25%     22/5/2023         346,866       0.00%
     Bristol-Myers     Squibb  Co.                  $325,000      3.25%      1/8/2042        346,796       0.00%
     CSAIL  2016-C7   Commercial    Mortgage   Trust            $325,000      3.50%     15/11/2049         346,681       0.00%
     Comcast   Corp.                      $325,000      3.15%      1/3/2026        346,642       0.00%
     Verizon   Communications,      Inc.                $326,000      3.38%     15/2/2025         346,498       0.00%
     McDonald's    Corp.                    EUR300,000       0.63%     29/1/2024         346,461       0.00%
     Honeywell    International,     Inc.                 $250,000      5.38%      1/3/2041        346,352       0.00%
     Federal   National   Mortgage   Association                $320,456      4.00%      1/1/2046        346,317       0.00%
     UnitedHealth     Group,   Inc.                  $300,000      3.70%     15/8/2049         346,313       0.00%
     Trane  Technologies     Luxembourg    Finance   SA           $325,000      3.50%     21/3/2026         346,301       0.00%
     Hasbro,   Inc.                      $250,000      6.35%     15/3/2040         346,160       0.00%
     Federal   National   Mortgage   Association                $334,084      2.50%      1/9/2027        346,077       0.00%
     GS Mortgage   Securities   Trust  2017               $324,000      3.66%     10/8/2050         345,871       0.00%
     Government    National   Mortgage   Association              $322,232      3.50%     20/10/2041         345,670       0.00%
     AvalonBay    Communities,     Inc.                 $325,000      3.45%      1/6/2025        345,432       0.00%
     Enterprise    Products   Operating    LLC               $320,000      3.95%     31/1/2060         345,408       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $327,868      3.00%      1/4/2043        345,350       0.00%
     BlackRock,    Inc.                     $350,000      1.90%     28/1/2031         345,075       0.00%
     Kimberly-Clark     Corp.                    $325,000      3.05%     15/8/2025         345,018       0.00%
     Los Angeles   Department    of Water  & Power  Power  System
                              $250,000      5.72%      1/7/2039        344,936       0.00%
       Revenue
     State  of California                      $300,000      4.60%      1/4/2038        344,597       0.00%
     Dow  Chemical   Co.                    $350,000      2.10%     15/11/2030         344,267       0.00%
     Flex  Ltd.                       $330,000      5.00%     15/2/2023         344,174       0.00%
     Medtronic    Global  Holdings   SCA               EUR300,000       0.38%      7/3/2023        343,724       0.00%
     State  of California                      $200,000      7.60%     1/11/2040         343,715       0.00%
     Cummins,   Inc.                      $350,000      0.75%      1/9/2025        343,669       0.00%
     Southern   Co. Gas Capital   Corp.                $300,000      4.40%      1/6/2043        343,542       0.00%
     Regency   Centers   LP                   $290,000      4.40%      1/2/2047        343,541       0.00%
     General   Mills,  Inc.                   EUR300,000       0.45%     15/1/2026         343,435       0.00%
     Parker-Hannifin     Corp.                    $300,000      4.20%     21/11/2034         343,405       0.00%
     Federal   National   Mortgage   Association                $325,497      3.50%     1/10/2049         343,335       0.00%
     Chubb  INA  Holdings,   Inc.                 EUR300,000       0.30%     15/12/2024         343,230       0.00%
     General   Motors   Financial   Co.,  Inc.              GBP250,000       2.35%      3/9/2025        343,187       0.00%
     Federal   National   Mortgage   Association                $334,736      2.00%     1/11/2031         343,170       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     PacifiCorp                          $250,000      6.00%     15/1/2039        342,904      0.00%
     3M Co.                         $300,000      3.63%     15/10/2047         342,868      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $250,000      6.20%     15/6/2036        342,849      0.00%
     Merck  & Co.,  Inc.                     $350,000      0.75%     24/2/2026        342,848      0.00%
     Agilent   Technologies,     Inc.                   $350,000      2.10%      4/6/2030        342,714      0.00%
                                254/362


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     Government    National   Mortgage   Association                $326,598      3.00%     20/1/2046        342,607      0.00%
     International    Business   Machines   Corp.               $325,000      3.63%     12/2/2024        342,494      0.00%
     Thermo   Fisher  Scientific,   Inc.                 EUR300,000       0.50%      1/3/2028        342,201      0.00%
     Amgen,   Inc.                       $325,000      3.13%      1/5/2025        342,148      0.00%
     Toyota   Motor  Credit  Corp.                   $350,000      0.80%     16/10/2025         341,867      0.00%
     Government    National   Mortgage   Association                $318,511      4.00%     20/1/2047        341,750      0.00%
     Bank  of America   NA                     $250,000      6.00%     15/10/2036         341,645      0.00%
     Trane  Technologies     Luxembourg    Finance   SA            $275,000      4.50%     21/3/2049        341,455      0.00%
     American   Equity  Investment    Life Holding   Co.            $300,000      5.00%     15/6/2027        341,207      0.00%
     UBS  Commercial    Mortgage   Trust  2018               $300,000      4.45%     15/12/2051         341,192      0.00%
     DH Europe   Finance   II Sarl                  EUR300,000       0.45%     18/3/2028        341,122      0.00%
     US Bancorp                         $325,000      3.38%      5/2/2024        340,796      0.00%
     Best  Buy  Co.,  Inc.                     $300,000      4.45%     1/10/2028        340,557      0.00%
     Crown  Castle  International    Corp.                 $310,000      4.00%     15/11/2049         340,322      0.00%
     Smithfield   Foods,  Inc.                    $350,000      2.63%     13/9/2031        340,209      0.00%
     LYB  International    Finance   III LLC                $295,000      4.20%     15/10/2049         340,207      0.00%
     Southern   Co.＾                       $340,000      3.75%     15/9/2051        340,038      0.00%
     Lennar   Corp.                        $300,000      4.75%     29/11/2027         339,984      0.00%
     Massachusetts     School  Building   Authority                $325,000      3.40%     15/10/2040         339,958      0.00%
     Exxon  Mobil  Corp.                      $325,000      3.18%     15/3/2024        339,862      0.00%
     Benchmark    2018-B6   Mortgage   Trust                $300,000      4.26%     10/10/2051         339,381      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $320,000      2.60%     25/9/2029        339,279      0.00%
     Boeing  Co.                        $335,000      2.95%      1/2/2030        339,247      0.00%
     John  Deere  Capital   Corp.                    $340,000      0.25%     17/1/2023        339,067      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $318,072      3.50%     1/12/2046        339,043      0.00%
     Quest  Diagnostics,    Inc.                    $300,000      4.20%     30/6/2029        339,013      0.00%
     Citigroup,    Inc.＾                       $325,000      4.04%      1/6/2024        338,974      0.00%
     Virginia   Electric   & Power  Co.                  $325,000      3.45%     15/2/2024        338,734      0.00%
     Federal   National   Mortgage   Association＾                 $325,000      3.14%     25/11/2027         338,422      0.00%
     Conagra   Brands,   Inc.                    $250,000      5.40%     1/11/2048        338,007      0.00%
     Federal   National   Mortgage   Association                 $316,792      4.00%      1/7/2050        337,966      0.00%
     Boeing  Co.                        $335,000      3.25%      1/2/2035        337,622      0.00%
     Government    National   Mortgage   Association                $311,649      4.00%     20/10/2044         337,427      0.00%
     Becton   Dickinson   & Co.                   $350,000      1.96%     11/2/2031        337,344      0.00%
     Government    National   Mortgage   Association                $318,665      3.50%     20/11/2044         337,337      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $321,549      3.00%      1/2/2031        337,130      0.00%
     Amazon.com,     Inc.                      $350,000      2.70%      3/6/2060        336,899      0.00%
     Air Lease  Corp.                       $325,000      3.88%      3/7/2023        336,803      0.00%
     Lockheed   Martin  Corp.                    $294,000      3.80%      1/3/2045        336,793      0.00%
     Comcast   Corp.                      EUR300,000       0.00%     14/9/2026        336,706      0.00%
     Broadridge    Financial   Solutions,   Inc.                $325,000      2.90%     1/12/2029        335,817      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $321,639      3.06%     25/8/2024        335,549      0.00%
     Ford  Credit  Floorplan   Master   Owner  Trust  A            $300,000      4.06%     15/11/2030         335,434      0.00%
     Delta  Air Lines,  Inc.                     $293,000      7.00%      1/5/2025        335,291      0.00%
     Southern   California   Gas Co.                  $300,000      3.75%     15/9/2042        335,225      0.00%
     Trustees   of the University    of Pennsylvania                $350,000      2.40%     1/10/2050        334,856      0.00%
     Merck  & Co.,  Inc.                     $350,000      1.45%     24/6/2030        334,793      0.00%
     Federal   National   Mortgage   Association                 $298,404      5.00%     1/10/2041        334,741      0.00%
     Federal   National   Mortgage   Association                 $317,227      3.50%      1/7/2050        334,612      0.00%
     Stanley   Black  & Decker,   Inc.                  $250,000      4.85%     15/11/2048         334,296      0.00%
     Kinder  Morgan,   Inc.                     $300,000      4.30%      1/3/2028        333,987      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $312,632      3.50%      1/4/2045        333,926      0.00%
                                255/362

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     SC Johnson   & Son,  Inc.                    $250,000      4.75%     15/10/2046         333,783      0.00%
     American   Financial   Group,   Inc.                 $279,000      5.25%      2/4/2030        333,583      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $325,000      2.03%     25/9/2028        333,504      0.00%
     Boston   Scientific   Corp.                    $300,000      4.00%      1/3/2029        333,161      0.00%
     Federal   National   Mortgage   Association                 $300,904      5.00%     1/12/2048        332,968      0.00%
     Cheniere   Corpus   Christi  Holdings   LLC               $300,000      5.88%     31/3/2025        332,927      0.00%
     Government    National   Mortgage   Association                $315,303      3.50%     20/4/2046        332,715      0.00%
     City  of San Francisco   CA Public  Utilities   Commission
                               $200,000      6.95%     1/11/2050        332,645      0.00%
       Water  Revenue
     Southwestern     Electric   Power  Co.                 $300,000      4.10%     15/9/2028        332,197      0.00%
     Federal   National   Mortgage   Association                 $310,343      4.50%      1/6/2049        332,154      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $250,000      5.25%     30/9/2040        331,961      0.00%
     Southern   Co. Gas Capital   Corp.                 $300,000      3.95%     1/10/2046        331,911      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $313,675      3.50%      1/2/2033        331,732      0.00%
     Public  Storage                       EUR300,000       0.88%     24/1/2032        331,707      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $300,000      3.12%     25/10/2031         331,561      0.00%
     PayPal  Holdings,   Inc.                     $315,000      2.65%     1/10/2026        331,325      0.00%
     PepsiCo,   Inc.                      EUR300,000       1.05%     9/10/2050        331,258      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $315,626      3.00%      1/3/2031        330,920      0.00%
     Marathon   Oil Corp.                      $250,000      6.60%     1/10/2037        330,829      0.00%
     Kinder  Morgan   Energy   Partners   LP                $250,000      6.38%      1/3/2041        330,725      0.00%
     Benchmark    2018-B2   Mortgage   Trust＾                $300,000      3.88%     15/2/2051        330,492      0.00%
     Welltower,    Inc.                     GBP200,000       4.50%     1/12/2034        330,409      0.00%
     Federal   National   Mortgage   Association                 $303,070      4.00%      1/3/2041        330,315      0.00%
     PepsiCo,   Inc.                      EUR300,000       0.40%     9/10/2032        330,011      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $318,172      3.00%      1/8/2049        329,968      0.00%
     Government    National   Mortgage   Association                $306,946      3.50%     20/9/2043        329,802      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $322,864      2.50%      1/4/2050        329,695      0.00%
     Life Storage   LP                      $300,000      3.88%     15/12/2027         329,569      0.00%
     Duke  Energy   Carolinas   LLC                   $300,000      3.45%     15/4/2051        329,285      0.00%
     Crown  Castle  International    Corp.                 $315,000      3.20%      1/9/2024        329,242      0.00%
     Government    National   Mortgage   Association                $302,379      4.00%     20/1/2044        328,839      0.00%
     ONEOK   Partners   LP                    $250,000      6.65%     1/10/2036        328,572      0.00%
     Visa,  Inc.                        $325,000      2.05%     15/4/2030        328,551      0.00%
     Constellation     Brands,   Inc.                   $300,000      3.75%      1/5/2050        328,327      0.00%
     Realty  Income   Corp.                     $325,000      2.20%     15/6/2028        328,280      0.00%
     Metropolitan    Transportation     Authority                 $250,000      5.87%     15/11/2039         328,273      0.00%
     Abbott   Laboratories                        $314,000      3.40%     30/11/2023         328,108      0.00%
     Huntington    National   Bank                   $325,000      1.80%      3/2/2023        327,921      0.00%
     Goldman   Sachs  Group,   Inc.＾                 CA($)425,000        2.01%     28/2/2029        327,698      0.00%
     Mass  General   Brigham,   Inc.                  $300,000      3.34%      1/7/2060        327,543      0.00%
     CenterPoint    Energy   Houston   Electric   LLC              $275,000      3.95%      1/3/2048        327,413      0.00%
     Los Angeles   Unified   School  District                 $235,000      6.76%      1/7/2034        327,119      0.00%
     Government    National   Mortgage   Association                $306,717      4.00%     20/6/2047        326,948      0.00%
     Federal   National   Mortgage   Association                 $296,598      4.50%      1/8/2041        326,742      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $300,000      3.43%     25/1/2027        326,721      0.00%
     Eli Lilly  & Co.                      EUR300,000       1.13%     14/9/2051        326,538      0.00%
     Aetna,  Inc.                        $225,000      6.75%     15/12/2037         326,524      0.00%
     Dollar  General   Corp.                     $300,000      4.15%     1/11/2025        326,335      0.00%
                                256/362


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     AT&T,  Inc.                        $250,000      5.55%     15/8/2041        326,296      0.00%
     Georgia   Power  Co.                     $285,000      4.30%     15/3/2042        326,251      0.00%
     Federal   National   Mortgage   Association                 $306,153      3.50%     1/10/2035        326,125      0.00%
     Federal   National   Mortgage   Association                 $324,510      1.50%      1/7/2035        326,046      0.00%
     Pacific  Gas  & Electric   Co.                   $325,000      3.00%     15/6/2028        325,640      0.00%
     CMS  Energy   Corp.＾                      $300,000      4.75%      1/6/2050        325,569      0.00%
     Brixmor   Operating    Partnership    LP                $300,000      4.13%     15/6/2026        325,398      0.00%
     Federal   National   Mortgage   Association                 $300,000      2.98%     25/8/2029        325,388      0.00%
     Federal   National   Mortgage   Association                 $311,177      3.00%     1/12/2026        325,376      0.00%
     Coca-Cola    Co.                     EUR300,000       0.38%     15/3/2033        325,366      0.00%
     Becton   Dickinson   Euro  Finance   Sarl               EUR300,000       1.34%     13/8/2041        325,128      0.00%
     American   Water  Capital   Corp.                  $275,000      4.15%      1/6/2049        325,125      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $303,432      4.50%      1/6/2048        324,918      0.00%
     UnitedHealth     Group,   Inc.                   $300,000      3.25%     15/5/2051        324,888      0.00%
     NextEra   Energy   Capital   Holdings,   Inc.               $315,000      2.75%     1/11/2029        324,866      0.00%
     Public  Service   Enterprise    Group,   Inc.               $350,000      1.60%     15/8/2030        324,782      0.00%
     Waste  Connections,     Inc.                   $300,000      3.50%      1/5/2029        324,762      0.00%
     Pharmacia    LLC                       $250,000      6.60%     1/12/2028        324,538      0.00%
     ONEOK,   Inc.                       $300,000      4.00%     13/7/2027        324,466      0.00%
     Markel  Corp.                        $300,000      3.35%     17/9/2029        324,106      0.00%
     Johnson   Controls   International    plc                $247,000      5.13%     14/9/2045        323,851      0.00%
     Evergy   Kansas   Central,   Inc.                  $300,000      3.45%     15/4/2050        323,663      0.00%
     Maxim  Integrated    Products,   Inc.                 $300,000      3.45%     15/6/2027        323,663      0.00%
     Kirby  Corp.                        $300,000      4.20%      1/3/2028        323,569      0.00%
     Metropolitan    Transportation     Authority                 $200,000      7.34%     15/11/2039         323,436      0.00%
     Federal   National   Mortgage   Association                 $301,941      3.50%      1/1/2045        323,394      0.00%
     Camden   Property   Trust                    $310,000      2.80%     15/5/2030        323,337      0.00%
     BANK  2017                        $300,000      3.75%     15/9/2060        323,252      0.00%
     San Diego  Gas & Electric   Co.                  $290,000      3.75%      1/6/2047        322,964      0.00%
     Office  Properties    Income   Trust                  $325,000      2.65%     15/6/2026        322,961      0.00%
     Federal   National   Mortgage   Association                 $303,781      3.50%      1/7/2029        322,926      0.00%
     JPMorgan   Chase  & Co.＾                    $300,000      3.54%      1/5/2028        322,858      0.00%
     Federal   National   Mortgage   Association                 $300,562      3.50%     1/10/2044        322,765      0.00%
     BANK  2017                        $300,000      3.39%     15/6/2060        322,674      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $300,000      3.35%      1/4/2030        322,668      0.00%
     Synchrony    Financial                       $300,000      3.95%     1/12/2027        322,558      0.00%
     Humana,   Inc.                       $250,000      4.95%     1/10/2044        322,420      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Government    National   Mortgage   Association                $311,260      2.50%     20/2/2043        322,011      0.00%
     Kellogg   Co.                       $260,000      4.50%      1/4/2046        321,635      0.00%
     Parker-Hannifin     Corp.                     $275,000      4.10%      1/3/2047        321,603      0.00%
     Government    National   Mortgage   Association                $306,304      3.50%     20/5/2048        321,487      0.00%
     Enterprise    Products   Operating    LLC                $280,000      4.45%     15/2/2043        321,468      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $312,314      2.50%     1/10/2046        321,312      0.00%
     Sysco  Corp.                        $275,000      4.50%      1/4/2046        321,207      0.00%
     Charles   Schwab   Corp.                     $300,000      3.20%      2/3/2027        321,134      0.00%
     Northwestern     Mutual   Life Insurance   Co.              $300,000      3.45%     30/3/2051        320,889      0.00%
     DBJPM   17-C6  Mortgage   Trust                  $300,000      3.33%     10/6/2050        320,710      0.00%
     UnitedHealth     Group,   Inc.                   $300,000      3.10%     15/3/2026        320,702      0.00%
     Prologis   Euro  Finance   LLC                  EUR300,000       1.50%     10/9/2049        320,630      0.00%
                                257/362


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     Government    National   Mortgage   Association                $296,103      4.00%     20/12/2044         320,595      0.00%
     Amphenol   Corp.                       $310,000      2.80%     15/2/2030        320,544      0.00%
     University    of Virginia                      $300,000      3.23%      1/9/2119        320,363      0.00%
     Lowe's   Cos,  Inc.                      $300,000      3.10%      3/5/2027        320,174      0.00%
     Federal   National   Mortgage   Association                 $308,671      2.50%      1/9/2036        320,173      0.00%
     Citigroup   Commercial    Mortgage   Trust  2016             $300,000      3.62%     10/2/2049        319,867      0.00%
     Citadel   LP                        $300,000      4.88%     15/1/2027        319,613      0.00%
     Vontier   Corp.                       $325,000      1.80%      1/4/2026        319,395      0.00%
     Duke  Energy   Corp.                      $300,000      3.40%     15/6/2029        319,345      0.00%
     Federal   National   Mortgage   Association                 $310,628      2.50%     1/10/2040        319,311      0.00%
     Hormel   Foods  Corp.                     $300,000      3.05%      3/6/2051        319,272      0.00%
     Metropolitan    Life Global  Funding   I               $300,000      3.00%     19/9/2027        319,103      0.00%
     Cigna  Corp.                        $310,000      3.00%     15/7/2023        318,989      0.00%
     Chevron   Corp.                       $300,000      3.08%     11/5/2050        318,764      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $300,000      3.60%     15/6/2061        318,646      0.00%
     Verizon   Communications,      Inc.                CA($)375,000        4.05%     22/3/2051        318,623      0.00%
     Southern   California   Gas Co.                  $310,000      2.55%      1/2/2030        318,518      0.00%
     Columbia   Pipeline   Group,   Inc.                  $240,000      5.80%      1/6/2045        318,305      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $325,000      1.48%     25/4/2030        318,281      0.00%
     Synchrony    Financial                       $300,000      4.25%     15/8/2024        317,945      0.00%
     Omega   Healthcare    Investors,    Inc.                $306,000      3.63%     1/10/2029        317,929      0.00%
     Pfizer,  Inc.                        $325,000      1.70%     28/5/2030        317,898      0.00%
     Energy   Transfer   LP                     $275,000      5.35%     15/5/2045        317,804      0.00%
     Federal   National   Mortgage   Association＾                 $300,000      2.96%     25/2/2027        317,667      0.00%
     PNC  Financial   Services   Group,   Inc.                $300,000      3.90%     29/4/2024        317,583      0.00%
     CenterPoint    Energy   Houston   Electric   LLC              $255,000      4.25%      1/2/2049        317,501      0.00%
     Principal   Financial   Group,   Inc.                 $300,000      3.40%     15/5/2025        317,062      0.00%
     Private   Export  Funding   Corp.                  $325,000      1.40%     15/7/2028        317,016      0.00%
     Charter   Communications      Operating    LLC/Charter
                               $325,000      3.50%      1/6/2041        316,776      0.00%
       Communications      Operating    Capital
     Federal   National   Mortgage   Association                 $281,345      5.50%     1/12/2032        316,768      0.00%
     Government    National   Mortgage   Association                $285,876      4.50%     20/10/2043         316,768      0.00%
     US Bancorp                         $300,000      3.00%     30/7/2029        316,687      0.00%
     Federal   National   Mortgage   Association＾                 $294,043      3.07%     25/6/2027        316,623      0.00%
     Federal   National   Mortgage   Association                 $295,008      3.50%     1/12/2040        316,456      0.00%
     Federal   National   Mortgage   Association                 $289,881      4.50%      1/4/2046        316,338      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $294,570      4.00%      1/7/2038        316,006      0.00%
     HP,  Inc.                         $300,000      3.00%     17/6/2027        315,720      0.00%
     Federal   National   Mortgage   Association                 $291,961      4.50%      1/3/2048        315,717      0.00%
     Prudential    Financial,   Inc.＾                   $300,000      5.20%     15/3/2044        315,691      0.00%
     Kroger   Co.                        $300,000      4.00%      1/2/2024        315,660      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $292,424      4.00%      1/1/2049        315,350      0.00%
     Metropolitan    Life Global  Funding   I               $300,000      3.60%     11/1/2024        315,344      0.00%
     Walt  Disney  Co.                      $225,000      6.20%     15/12/2034         314,967      0.00%
     Coca-Cola    Co.                      $325,000      1.65%      1/6/2030        314,876      0.00%
     Devon  Energy   Corp.                     $250,000      5.60%     15/7/2041        314,723      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $300,000      2.67%     25/3/2026        314,643      0.00%
     Public  Service   Co. of Colorado                   $300,000      3.20%      1/3/2050        314,622      0.00%
     AbbVie,   Inc.                       $300,000      3.75%     14/11/2023         314,438      0.00%
     Amgen,   Inc.                      GBP200,000       4.00%     13/9/2029        314,437      0.00%
     Host  Hotels  & Resorts   LP                   $325,000      2.90%     15/12/2031         314,330      0.00%
     Government    National   Mortgage   Association                $277,725      5.00%     20/9/2039        314,226      0.00%
                                258/362

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     Government    National   Mortgage   Association                $296,847      4.50%     20/12/2048         314,005      0.00%
     Florida   Power  & Light  Co.                   $300,000      2.85%      1/4/2025        313,939      0.00%
     Government    National   Mortgage   Association                $296,400      3.00%     20/11/2042         313,582      0.00%
     Assured   Guaranty   US Holdings,   Inc.               $300,000      3.15%     15/6/2031        313,563      0.00%
     Baker  Hughes   Holdings   LLC/Baker    Hughes   Co.-Obligor,    Inc.       $275,000      4.08%     15/12/2047         313,528      0.00%
     Kinder  Morgan,   Inc.                     $260,000      5.30%     1/12/2034        313,420      0.00%
     Federal   National   Mortgage   Association                 $309,821      2.00%      1/4/2041        313,285      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     UnitedHealth     Group,   Inc.                   $300,000      3.05%     15/5/2041        313,276      0.00%
     Northrop   Grumman   Corp.                    $300,000      2.93%     15/1/2025        313,110      0.00%
     Boeing  Co.                        $225,000      6.88%     15/3/2039        313,022      0.00%
     Lincoln   National   Corp.                     $300,000      3.05%     15/1/2030        313,009      0.00%
     Federal   National   Mortgage   Association                 $289,213      4.50%      1/1/2049        312,992      0.00%
     Federal   National   Mortgage   Association                 $290,925      3.50%      1/6/2042        312,851      0.00%
     Philip  Morris  International,     Inc.                 $300,000      2.75%     25/2/2026        312,834      0.00%
     Microchip   Technology,    Inc.                  $300,000      4.33%      1/6/2023        312,782      0.00%
     Federal   National   Mortgage   Association                 $293,280      3.50%     1/11/2033        312,778      0.00%
     Assured   Guaranty   US Holdings,   Inc.               $300,000      3.60%     15/9/2051        312,478      0.00%
     Altria  Group,   Inc.                      $300,000      4.45%      6/5/2050        312,284      0.00%
     WR Berkley   Corp.                      $250,000      4.75%      1/8/2044        312,276      0.00%
     Kroger   Co.                        $300,000      2.65%     15/10/2026         311,946      0.00%
     Public  Service   Co. of New  Hampshire                 $300,000      3.50%     1/11/2023        311,865      0.00%
     Public  Service   Co. of Colorado                   $275,000      3.80%     15/6/2047        311,834      0.00%
     State  of Connecticut                       $240,000      5.85%     15/3/2032        311,793      0.00%
     Indiana   Michigan   Power  Co.                  $300,000      3.25%      1/5/2051        311,675      0.00%
     American   International    Group,   Inc.                $250,000      4.38%     30/6/2050        311,342      0.00%
     National   Retail  Properties,    Inc.                 $300,000      3.50%     15/4/2051        311,101      0.00%
     GLP  Capital   LP/GLP   Financing   II, Inc.              $300,000      3.35%      1/9/2024        311,084      0.00%
     American   Water  Capital   Corp.                  $300,000      2.80%      1/5/2030        310,916      0.00%
     Boeing  Co.                        $300,000      3.75%      1/2/2050        310,863      0.00%
     Mondelez   International,     Inc.                  $300,000      2.75%     13/4/2030        310,843      0.00%
     Federal   National   Mortgage   Association                 $276,757      5.00%      1/2/2036        310,817      0.00%
     Government    National   Mortgage   Association                $293,012      4.00%     20/4/2048        310,752      0.00%
     Benchmark    2018-B8   Mortgage   Trust＾                $275,000      4.53%     15/1/2052        310,612      0.00%
     BANK  2018＾                        $275,000      4.22%     15/8/2061        310,091      0.00%
     US Bancorp                         $300,000      2.40%     30/7/2024        310,031      0.00%
     Valero  Energy   Corp.                     $225,000      7.50%     15/4/2032        309,857      0.00%
     Georgia-Pacific     LLC                     $200,000      8.88%     15/5/2031        309,798      0.00%
     Federal   National   Mortgage   Association                 $290,983      4.00%     1/12/2048        309,751      0.00%
     AT&T,  Inc.                        $250,000      5.15%     15/3/2042        309,655      0.00%
     SSM  Health  Care  Corp.                    $300,000      3.69%      1/6/2023        309,449      0.00%
     Diamondback     Energy,   Inc.                   $300,000      3.13%     24/3/2031        309,333      0.00%
     CF Industries,    Inc.                     $300,000      3.45%      1/6/2023        309,232      0.00%
     CCRE24   Commercial    Mortgage   Trust  2015              $291,000      3.70%     10/8/2048        309,158      0.00%
     Federal   National   Mortgage   Association                 $288,294      4.00%      1/1/2050        309,108      0.00%
     Federal   National   Mortgage   Association                 $286,426      3.50%      1/1/2042        308,840      0.00%
     Metropolitan    Water  Reclamation    District   of Greater   Chicago         $225,000      5.72%     1/12/2038        308,535      0.00%
     Norfolk   Southern   Corp.                    $300,000      2.55%     1/11/2029        308,440      0.00%
     American   Express   Credit  Account   Master   Trust            $300,000      3.01%     15/10/2025         308,422      0.00%
     Ascension    Health                       $250,000      3.95%     15/11/2046         307,988      0.00%
                                259/362


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     Federal   National   Mortgage   Association                 $276,470      5.00%     1/11/2033        307,696      0.00%
     HCA,  Inc.                        $300,000      3.50%     15/7/2051        307,546      0.00%
     Entergy   Louisiana   LLC                    $300,000      2.40%     1/10/2026        307,481      0.00%
     Duke  Energy   Carolinas   LLC                  $300,000      2.55%     15/4/2031        307,334      0.00%
     Alabama   Power  Co.                     $300,000      3.13%     15/7/2051        307,308      0.00%
     Dominion   Energy,   Inc.                    $250,000      5.25%      1/8/2033        307,296      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $284,252      4.00%     1/10/2045        307,290      0.00%
     Leidos,   Inc.                        $300,000      2.95%     15/5/2023        307,192      0.00%
     JPMorgan   Chase  & Co.                    $300,000      2.97%     15/1/2023        307,150      0.00%
     Fifth  Third  Bank  NA                    $300,000      2.25%      1/2/2027        307,012      0.00%
     Lowe's   Cos,  Inc.                      $300,000      2.63%      1/4/2031        306,996      0.00%
     General   Mills,  Inc.                     $275,000      4.20%     17/4/2028        306,936      0.00%
     Southern   Power  Co.                     $250,000      5.15%     15/9/2041        306,907      0.00%
     ITC  Holdings   Corp.                      $300,000      2.95%     14/5/2030        306,878      0.00%
     Southern   Co. Gas Capital   Corp.                 $300,000      2.45%     1/10/2023        306,725      0.00%
     American   Campus   Communities    Operating    Partnership    LP        $300,000      2.85%      1/2/2030        306,694      0.00%
     Southern   California   Edison  Co.                 $250,000      4.88%      1/3/2049        306,682      0.00%
     Government    National   Mortgage   Association                $277,541      5.00%     15/12/2034         306,654      0.00%
     Union  Pacific  Corp.                      $300,000      2.40%      5/2/2030        306,618      0.00%
     Santander   Holdings   USA,  Inc.                  $300,000      3.40%     18/1/2023        306,616      0.00%
     Federal   National   Mortgage   Association                 $295,951      2.50%      1/3/2027        306,575      0.00%
     American   Airlines   2016-2  Class  AA Pass  Through   Trust          $305,800      3.20%     15/6/2028        306,468      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $275,000      3.60%     25/1/2028        306,175      0.00%
     Micron   Technology,    Inc.                   $300,000      3.48%     1/11/2051        305,975      0.00%
     MPLX  LP                        $250,000      5.20%      1/3/2047        305,955      0.00%
     Boeing  Co.                        $300,000      2.70%      1/2/2027        305,848      0.00%
     Citigroup,    Inc.＾                       $250,000      4.28%     24/4/2048        305,843      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2017＾             $286,000      3.67%     15/7/2050        305,796      0.00%
     ONEOK,   Inc.                       $295,000      3.40%      1/9/2029        305,720      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Georgia   Power  Co.                     $300,000      2.10%     30/7/2023        305,493      0.00%
     Lockheed   Martin  Corp.                    $250,000      4.50%     15/5/2036        305,474      0.00%
     Benchmark    2018-B3   Mortgage   Trust                $275,000      4.03%     10/4/2051        305,452      0.00%
     Federal   National   Mortgage   Association                 $296,380      2.50%     1/10/2022        305,416      0.00%
     Federal   National   Mortgage   Association                 $292,055      3.00%      1/3/2030        305,381      0.00%
     Duke  Energy   Corp.                      $300,000      3.30%     15/6/2041        305,270      0.00%
     FMR  LLC                        $250,000      4.95%      1/2/2033        305,248      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $284,372      3.50%      1/8/2042        305,226      0.00%
     Chevron   Corp.                       $300,000      2.00%     11/5/2027        305,157      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $300,000      2.36%     25/10/2036         304,948      0.00%
     UnitedHealth     Group,   Inc.                   $300,000      2.30%     15/5/2031        304,796      0.00%
     Hewlett   Packard   Enterprise    Co.                 $300,000      2.25%      1/4/2023        304,696      0.00%
     Bunge  Ltd.  Finance   Corp.                    $300,000      2.75%     14/5/2031        304,575      0.00%
     Essential   Utilities,   Inc.                    $300,000      2.70%     15/4/2030        304,364      0.00%
     L3Harris   Technologies,     Inc.                  $250,000      4.85%     27/4/2035        304,206      0.00%
     Omnicom   Group,   Inc.                    $300,000      2.60%      1/8/2031        304,100      0.00%
     Devon  Energy   Corp.                     $250,000      5.00%     15/6/2045        303,881      0.00%
     Pennsylvania    State  University                    $300,000      2.79%      1/9/2043        303,662      0.00%
     STERIS   Irish  FinCo  UnLtd  Co.                 $300,000      2.70%     15/3/2031        303,516      0.00%
     Northern   Natural   Gas Co.                   $260,000      4.30%     15/1/2049        303,326      0.00%
                                260/362


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     General   Motors   Co.                     $245,000      5.20%      1/4/2045        303,162      0.00%
     Charles   Schwab   Corp.                     $300,000      2.30%     13/5/2031        302,940      0.00%
     Western   Digital  Corp.                     $300,000      2.85%      1/2/2029        302,838      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $288,040      3.00%      1/7/2045        302,693      0.00%
     Starbucks   Corp.                       $290,000      3.85%     1/10/2023        302,671      0.00%
     Government    National   Mortgage   Association                $272,740      4.50%     20/3/2044        302,213      0.00%
     Western   Digital  Corp.                     $300,000      3.10%      1/2/2032        302,160      0.00%
     Government    National   Mortgage   Association                $278,960      4.00%     20/7/2044        302,034      0.00%
     VeriSign,   Inc.                       $300,000      2.70%     15/6/2031        302,030      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $300,000      2.40%     15/6/2031        301,991      0.00%
     Florida   Gas Transmission     Co. LLC                $300,000      2.55%      1/7/2030        301,887      0.00%
     Flex  Intermediate    Holdco   LLC                  $300,000      3.36%     30/6/2031        301,866      0.00%
     Hackensack    Meridian   Health,   Inc.                $300,000      2.88%      1/9/2050        301,852      0.00%
     Atlantic   City  Electric   Co.                   $300,000      2.30%     15/3/2031        301,846      0.00%
     General   Motors   Financial   Co.,  Inc.                $280,000      4.30%     13/7/2025        301,845      0.00%
     Swiss  Re America   Holding   Corp.                  $250,000      7.00%     15/2/2026        301,615      0.00%
     Omega   Healthcare    Investors,    Inc.                $282,000      4.50%     15/1/2025        301,602      0.00%
     William   Marsh  Rice  University                    $260,000      3.57%     15/5/2045        301,453      0.00%
     Walt  Disney  Co.                      $215,000      6.15%      1/3/2037        301,185      0.00%
     Federal   National   Mortgage   Association                 $287,060      3.00%      1/8/2032        301,128      0.00%
     Bank  of America   Corp.＾                     $275,000      3.97%      5/3/2029        301,114      0.00%
     Ross  Stores,   Inc.                      $275,000      4.60%     15/4/2025        301,085      0.00%
     San Diego  Gas & Electric   Co.                  $300,000      2.95%     15/8/2051        301,079      0.00%
     BANK  2018                        $275,000      3.69%     15/2/2061        300,810      0.00%
     Invesco   Finance   plc                     $285,000      4.00%     30/1/2024        300,690      0.00%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $275,000      4.90%     15/2/2045        300,609      0.00%
     NIKE,  Inc.                        $250,000      3.88%     1/11/2045        300,489      0.00%
     San Diego  County   Water  Authority                  $200,000      6.14%      1/5/2049        300,471      0.00%
     Toyota   Motor  Credit  Corp.                   $300,000      1.90%      6/4/2028        300,440      0.00%
     VMware,   Inc.                       $275,000      3.90%     21/8/2027        300,389      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $291,136      2.50%      1/7/2041        300,320      0.00%
     Federal   National   Mortgage   Association                 $264,889      5.50%     1/10/2035        300,123      0.00%
     Enterprise    Products   Operating    LLC                $250,000      4.85%     15/8/2042        300,107      0.00%
     First  Republic   Bank                     $250,000      4.38%      1/8/2046        300,051      0.00%
     Southwest    Airlines   Co.                    $300,000      2.63%     10/2/2030        299,970      0.00%
     Loews  Corp.                        $260,000      4.13%     15/5/2043        299,937      0.00%
     Baxter  International,     Inc.                   $300,000      1.32%     29/11/2024         299,751      0.00%
     DH Europe   Finance   II Sarl                   $275,000      3.40%     15/11/2049         299,649      0.00%
     Tampa  Electric   Co.                     $250,000      4.35%     15/5/2044        299,427      0.00%
     Automatic    Data  Processing,    Inc.                 $300,000      1.70%     15/5/2028        299,339      0.00%
     PECO  Energy   Co.                     $300,000      2.85%     15/9/2051        299,247      0.00%
     Laboratory    Corp.  of America   Holdings                 $245,000      4.70%      1/2/2045        299,175      0.00%
     Coca-Cola    Co.                       $300,000      2.00%      5/3/2031        299,118      0.00%
     Evergy   Metro,  Inc.                     $250,000      4.20%     15/3/2048        299,090      0.00%
     Phillips   66 Partners   LP                    $255,000      4.68%     15/2/2045        299,072      0.00%
     Citigroup,    Inc.                     CA($)355,000        4.09%      9/6/2025        298,877      0.00%
     Toyota   Motor  Credit  Corp.                   $300,000      0.40%      6/4/2023        298,869      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $275,000      3.19%     25/9/2027        298,825      0.00%
     Baxter  International,     Inc.                   $300,000      0.87%     1/12/2023        298,781      0.00%
     Entergy   Louisiana   LLC                    $300,000      2.35%     15/6/2032        298,632      0.00%
     Valero  Energy   Corp.                     $300,000      3.65%     1/12/2051        298,479      0.00%
                                261/362


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                                                 公正価格      純資産総額
                              元本       利率     償還日
                                                 （米ドル）       比率
     Government    National   Mortgage   Association                $273,222      5.00%     20/5/2043        298,456      0.00%
     Discovery    Communications      LLC                 $250,000      5.00%     20/9/2037        298,391      0.00%
     Caterpillar    Financial   Services   Corp.                $300,000      0.25%      1/3/2023        298,369      0.00%
     Jersey  Central   Power  & Light  Co.                $275,000      4.30%     15/1/2026        298,311      0.00%
     Southwestern     Electric   Power  Co.                 $300,000      1.65%     15/3/2026        298,111      0.00%
     Athene   Global  Funding                     $290,000      2.50%     14/1/2025        298,038      0.00%
     Jefferies   Group  LLC                     $300,000      2.75%     15/10/2032         298,016      0.00%
     Federal   National   Mortgage   Association                 $286,635      3.00%     1/10/2039        297,437      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $300,000      1.70%     15/6/2026        297,307      0.00%
     McDonald's    Corp.                     GBP200,000       2.95%     15/3/2034        297,181      0.00%
     Cigna  Corp.                        $300,000      0.61%     15/3/2024        297,077      0.00%
     Northwestern     Mutual   Global  Funding                 $300,000      1.70%      1/6/2028        296,902      0.00%
     American   Water  Capital   Corp.                  $275,000      3.45%      1/6/2029        296,834      0.00%
     BANK  2017                        $275,000      3.44%     15/9/2060        296,565      0.00%
     Federal   National   Mortgage   Association                 $269,236      4.50%      1/6/2039        296,457      0.00%
     Verizon   Communications,      Inc.                  $300,000      2.85%      3/9/2041        296,210      0.00%
     Guardian   Life Global  Funding                   $300,000      1.25%     13/5/2026        296,112      0.00%
     New  York  Life Global  Funding                   $300,000      1.15%      9/6/2026        296,099      0.00%
     Brighthouse    Financial   Global  Funding                 $300,000      1.55%     24/5/2026        296,034      0.00%
     CGMS  Commercial    Mortgage   Trust  2017              $275,000      3.46%     15/8/2050        295,849      0.00%
     American   Honda  Finance   Corp.                  $300,000      0.55%     12/7/2024        295,823      0.00%
     Federal   National   Mortgage   Association                 $278,203      3.50%      1/7/2028        295,739      0.00%
     Mohawk   Industries,    Inc.                    $275,000      3.63%     15/5/2030        295,641      0.00%
     Mid-America    Apartments    LP                  $300,000      2.88%     15/9/2051        295,634      0.00%
     Federal   National   Mortgage   Association                 $282,569      3.00%      1/3/2035        295,432      0.00%
     Metropolitan    Life Global  Funding   I               $300,000      0.55%      7/6/2024        295,399      0.00%
     Aflac,  Inc.                        $300,000      1.13%     15/3/2026        295,361      0.00%
     HP,  Inc.                         $300,000      1.45%     17/6/2026        295,191      0.00%
     HCA,  Inc.                        $300,000      2.38%     15/7/2031        295,190      0.00%
     Nissan  Motor  Acceptance    Co. LLC                $300,000      2.00%      9/3/2026        295,174      0.00%
     BP Capital   Markets   America,   Inc.                $280,000      3.19%      6/4/2025        295,153      0.00%
     Golub  Capital   BDC,  Inc.                   $300,000      2.50%     24/8/2026        295,065      0.00%
     Devon  Energy   Corp.                     $210,000      7.95%     15/4/2032        295,060      0.00%
     Crown  Castle  International    Corp.                 $275,000      3.70%     15/6/2026        295,024      0.00%
     Magellan   Midstream    Partners   LP                $270,000      4.20%     3/10/2047        294,986      0.00%
     American   Homes  4 Rent  LP                  $300,000      2.38%     15/7/2031        294,902      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $275,000      2.86%     25/10/2034         294,592      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $300,000      1.55%     25/10/2030         294,295      0.00%
     Level  3 Financing,    Inc.                    $285,000      3.40%      1/3/2027        294,264      0.00%
     KLA  Corp.                         $260,000      4.10%     15/3/2029        294,185      0.00%
     Government    National   Mortgage   Association                $277,331      4.00%     20/1/2048        294,095      0.00%
     Southern   California   Edison  Co.                 $250,000      4.65%     1/10/2043        294,014      0.00%
     Hackensack    Meridian   Health,   Inc.                $300,000      2.68%      1/9/2041        293,908      0.00%
     Lowe's   Cos,  Inc.                      $300,000      1.70%     15/9/2028        293,901      0.00%
     Dominion   Energy,   Inc.                    $300,000      2.25%     15/8/2031        293,863      0.00%
     TTX  Co.                         $275,000      3.60%     15/1/2025        293,684      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $275,000      3.70%     25/5/2025        293,630      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $300,000      1.52%     25/11/2030         293,565      0.00%
     Humana,   Inc.                       $250,000      4.88%      1/4/2030        293,272      0.00%
     Federal   National   Mortgage   Association                 $278,020      3.50%      1/8/2049        293,255      0.00%
                                262/362


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     Lowe's   Cos,  Inc.                      $300,000      2.80%     15/9/2041        293,170      0.00%
     DH Europe   Finance   II Sarl                   $275,000      3.25%     15/11/2039         292,871      0.00%
     SC Johnson   & Son,  Inc.                    $250,000      4.00%     15/5/2043        292,626      0.00%
     AES  Corp.                         $300,000      2.45%     15/1/2031        292,564      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $283,492      2.50%      1/4/2041        292,436      0.00%
     Willis-Knighton     Medical   Center                  $300,000      3.07%      1/3/2051        292,194      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $250,000      3.75%     25/4/2033        292,186      0.00%
     Crown  Castle  International    Corp.                 $300,000      2.25%     15/1/2031        291,952      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $275,000      3.40%     15/11/2026         291,729      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $271,777      3.50%      1/1/2041        291,579      0.00%
     AES  Corp.                         $300,000      1.38%     15/1/2026        291,546      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $279,514      3.00%      1/3/2048        291,484      0.00%
     Toyota   Motor  Credit  Corp.                   $290,000      2.15%     13/2/2030        291,475      0.00%
     Virginia   Electric   & Power  Co.                  $250,000      4.00%     15/11/2046         290,892      0.00%
     University    of California                      $300,000      1.61%     15/5/2030        290,739      0.00%
     Federal   National   Mortgage   Association                 $268,828      4.50%      1/7/2047        290,702      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $275,000      3.60%     25/2/2025        290,676      0.00%
     Hill City  Funding   Trust                    $300,000      4.05%     15/8/2041        290,601      0.00%
     Southwest    Gas Corp.                     $300,000      3.18%     15/8/2051        290,349      0.00%
     Mid-America    Apartments    LP                  $300,000      1.10%     15/9/2026        290,235      0.00%
     Flex  Ltd.                         $255,000      4.88%     15/6/2029        289,922      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Xcel  Energy,   Inc.                     $270,000      3.50%     1/12/2049         289,907       0.00%
     Citigroup,    Inc.                     $275,000      3.88%     25/10/2023         289,842       0.00%
     Berkshire   Hathaway   Energy   Co.                $225,000      5.15%     15/11/2043         289,770       0.00%
     Pioneer   Natural   Resources    Co.                $300,000      2.15%     15/1/2031         289,672       0.00%
     Abbott   Laboratories                       $200,000      6.00%      1/4/2039        289,636       0.00%
     WEC  Energy   Group,   Inc.                  $300,000      1.38%     15/10/2027         289,619       0.00%
     Federal   National   Mortgage   Association                $260,270      5.00%      1/1/2049        289,532       0.00%
     Federal   National   Mortgage   Association                $270,306      4.50%      1/5/2049        289,303       0.00%
     Federal   National   Mortgage   Association                $276,346      3.00%      1/6/2027        289,146       0.00%
     Prudential    Financial,   Inc.                  $260,000      3.88%     27/3/2028         289,046       0.00%
     Truist  Financial   Corp.                    $275,000      3.75%     6/12/2023         289,046       0.00%
     Roper  Technologies,     Inc.                  $300,000      2.00%     30/6/2030         288,861       0.00%
     Allstate   Corp.＾                      $220,000      6.50%     15/5/2057         288,809       0.00%
     Boeing  Co.                       $225,000      5.88%     15/2/2040         288,789       0.00%
     Raymond   James  Financial,   Inc.                $225,000      4.95%     15/7/2046         288,513       0.00%
     Charles   Schwab   Corp.                    $300,000      1.65%     11/3/2031         288,189       0.00%
     Virginia   Electric   & Power  Co.                 $225,000      4.60%     1/12/2048         288,147       0.00%
     ConocoPhillips     Co.                    $285,000      2.40%     15/12/2022         288,114       0.00%
     State  of California                      $250,000      4.50%      1/4/2033        288,038       0.00%
     Government    National   Mortgage   Association              $258,904      4.50%     20/9/2041         287,693       0.00%
     Dow  Chemical   Co.                    $225,000      4.80%     15/5/2049         287,563       0.00%
     Commonwealth     Edison  Co.                 $275,000      2.55%     15/6/2026         287,549       0.00%
     Johnson   & Johnson                     $250,000      3.50%     15/1/2048         287,370       0.00%
     Duke  Energy   Carolinas   LLC                 $250,000      4.00%     30/9/2042         287,340       0.00%
     Caterpillar,    Inc.                     $200,000      4.75%     15/5/2064         287,082       0.00%
     Ralph  Lauren   Corp.                    $275,000      2.95%     15/6/2030         286,789       0.00%
     QUALCOMM,     Inc.                    $275,000      2.90%     20/5/2024         286,578       0.00%
     Essential   Utilities,   Inc.                   $240,000      4.28%      1/5/2049        286,186       0.00%
                                263/362


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     Federal   National   Mortgage   Association                $259,355      4.50%      1/3/2047        286,014       0.00%
     Marvell   Technology,    Inc.                  $275,000      4.20%     22/6/2023         285,989       0.00%
     L3Harris   Technologies,     Inc.                 $275,000      3.85%     15/6/2023         285,740       0.00%
     Xilinx,  Inc.                       $275,000      2.95%      1/6/2024        285,635       0.00%
     Federal   National   Mortgage   Association                $254,221      5.00%      1/3/2036        285,508       0.00%
     Philip  Morris  International,     Inc.                $250,000      4.38%     15/11/2041         285,396       0.00%
     US Treasury   Note                     $275,000      2.75%     15/11/2023         285,377       0.00%
     McDonald's    Corp.                     $200,000      6.30%      1/3/2038        284,999       0.00%
     Evergy   Kansas   Central,   Inc.                 $275,000      2.55%      1/7/2026        284,918       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $256,019      5.50%     1/11/2038         284,837       0.00%
     Berkshire   Hathaway   Energy   Co.                $300,000      1.65%     15/5/2031         284,519       0.00%
     Commonwealth     Edison  Co.                 $225,000      4.70%     15/1/2044         284,493       0.00%
     O'Reilly   Automotive,    Inc.                  $275,000      3.85%     15/6/2023         284,367       0.00%
     Ameren   Illinois  Co.                    $300,000      1.55%     15/11/2030         284,197       0.00%
     State  Street  Corp.＾                     $250,000      4.14%     3/12/2029         283,906       0.00%
     Providence    St Joseph  Health  Obligated   Group            $275,000      2.53%     1/10/2029         283,830       0.00%
     Energy   Transfer   LP                    $250,000      5.15%     15/3/2045         283,687       0.00%
     Federal   National   Mortgage   Association                $200,000      7.13%     15/1/2030         283,487       0.00%
     Government    National   Mortgage   Association              $260,334      4.00%     15/7/2041         283,401       0.00%
     Conagra   Brands,   Inc.                   $200,000      8.25%     15/9/2030         283,392       0.00%
     McDonald's    Corp.                     $275,000      2.63%      1/9/2029        283,372       0.00%
     Federal   National   Mortgage   Association                $262,483      4.50%      1/1/2050        283,262       0.00%
     Government    National   Mortgage   Association              $270,319      3.00%     15/8/2045         283,224       0.00%
     CSX  Corp.                       $250,000      3.80%     1/11/2046         283,064       0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.          $280,000      2.40%     15/3/2030         282,816       0.00%
     Colgate-Palmolive      Co.                   $225,000      4.00%     15/8/2045         282,726       0.00%
     Digital  Realty  Trust  LP                  $250,000      4.45%     15/7/2028         282,693       0.00%
     McDonald's    Corp.                     $255,000      3.70%     15/2/2042         282,687       0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2015           $270,000      3.18%     15/4/2050         282,580       0.00%
     Target  Corp.                       $275,000      2.35%     15/2/2030         282,531       0.00%
     Protective    Life Corp.                    $250,000      4.30%     30/9/2028         282,507       0.00%
     Discover   Card  Execution    Note  Trust               $275,000      3.03%     15/8/2025         282,187       0.00%
     Invitation   Homes  Operating    Partnership    LP            $300,000      2.00%     15/8/2031         282,158       0.00%
     AT&T,  Inc.                       $250,000      4.30%     15/12/2042         281,945       0.00%
     Genuine   Parts  Co.                    $300,000      1.88%     1/11/2030         281,942       0.00%
     Piedmont   Operating    Partnership    LP              $275,000      3.40%      1/6/2023        281,911       0.00%
     Federal   National   Mortgage   Association                $271,687      2.50%      1/2/2032        281,671       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $271,820      3.00%     1/12/2050         281,564       0.00%
     Dell  International    LLC/EMC    Corp.               $265,000      4.00%     15/7/2024         281,385       0.00%
     Mars,  Inc.                       $300,000      2.45%     16/7/2050         281,067       0.00%
     Southern   California   Edison  Co.                $250,000      4.13%      1/3/2048        280,962       0.00%
     Kennametal,    Inc.                     $250,000      4.63%     15/6/2028         280,755       0.00%
     Metropolitan    Life Global  Funding   I            CA($)360,000        1.95%     20/3/2028         280,753       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Entergy   Arkansas   LLC                   $300,000      2.65%     15/6/2051         280,744       0.00%
     Energy   Transfer   LP                    $275,000      3.60%      1/2/2023        280,669       0.00%
     Chubb  INA  Holdings,   Inc.                  $265,000      3.15%     15/3/2025         280,212       0.00%
     Dallas  Area  Rapid  Transit                   $200,000      5.02%     1/12/2048         280,075       0.00%
     Baptist   Health  South  Florida   Obligated   Group            $300,000      3.12%     15/11/2071         280,070       0.00%
     JPMorgan   Chase  & Co.                   $250,000      4.25%     1/10/2027         279,995       0.00%
                                264/362


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     Federal   Home  Loan  Mortgage   Corp.               $266,707      3.00%      1/7/2030        279,699       0.00%
     Amgen,   Inc.                      $275,000      1.90%     21/2/2025         279,614       0.00%
     Expedia   Group,   Inc.                    $250,000      4.63%      1/8/2027        279,383       0.00%
     Magellan   Midstream    Partners   LP               $250,000      5.00%      1/3/2026        279,363       0.00%
     Government    National   Mortgage   Association              $267,971      3.50%     20/7/2050         279,077       0.00%
     Kroger   Co.                       $200,000      5.40%     15/1/2049         279,052       0.00%
     American   Express   Credit  Account   Master   Trust           $275,000      2.35%     15/5/2025         278,993       0.00%
     ONE  Gas,  Inc.                     $225,000      4.66%      1/2/2044        278,799       0.00%
     Walmart,   Inc.                      $235,000      3.63%     15/12/2047         278,797       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $277,282      1.50%     1/11/2035         278,594       0.00%
     Interstate   Power  & Light  Co.                 $250,000      4.10%     26/9/2028         278,575       0.00%
     Toyota   Motor  Credit  Corp.                  $250,000      3.65%      8/1/2029        278,509       0.00%
     Government    National   Mortgage   Association              $245,845      5.00%     20/1/2040         278,156       0.00%
     Fiserv,   Inc.                     GBP200,000       2.25%      1/7/2025        277,996       0.00%
     JPMorgan   Chase  & Co.                   $200,000      5.60%     15/7/2041         277,580       0.00%
     Bacardi   Ltd.                      $225,000      5.15%     15/5/2038         277,263       0.00%
     Fidelity   National   Financial,   Inc.                $245,000      4.50%     15/8/2028         277,122       0.00%
     Hershey   Co.                      $270,000      2.05%     15/11/2024         276,982       0.00%
     CNA  Financial   Corp.                    $250,000      3.90%      1/5/2029        276,884       0.00%
     Martin  Marietta   Materials,   Inc.                $275,000      2.50%     15/3/2030         276,874       0.00%
     Alabama   Power  Co.                    $250,000      3.75%      1/3/2045        276,808       0.00%
     Colonial   Pipeline   Co.                   $260,000      3.75%     1/10/2025         276,723       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $258,400      3.50%      1/1/2050        276,592       0.00%
     Ventas   Realty  LP                    $250,000      4.00%      1/3/2028        276,582       0.00%
     Federal   National   Mortgage   Association                $258,324      4.00%      1/1/2049        276,559       0.00%
     Lowe's   Cos,  Inc.                     $220,000      4.55%      5/4/2049        276,468       0.00%
     McDonald's    Corp.                     $250,000      3.63%      1/9/2049        276,461       0.00%
     Raymond   James  Financial,   Inc.                $250,000      3.75%      1/4/2051        276,418       0.00%
     Amgen,   Inc.                      $275,000      2.30%     25/2/2031         276,201       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $260,876      3.00%      1/2/2043        276,110       0.00%
     Goldman   Sachs  Capital   I                 $200,000      6.35%     15/2/2034         276,100       0.00%
     Virginia   Electric   & Power  Co.                 $300,000      2.45%     15/12/2050         276,096       0.00%
     Vulcan  Materials   Co.                   $225,000      4.50%     15/6/2047         276,016       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $262,754      3.00%      1/7/2046        276,007       0.00%
     Government    National   Mortgage   Association              $257,184      3.50%     20/11/2041         275,891       0.00%
     Allstate   Corp.                      $200,000      5.95%      1/4/2036        275,881       0.00%
     Hasbro,   Inc.                      $250,000      3.90%     19/11/2029         275,610       0.00%
     Mosaic   Co.                       $250,000      4.05%     15/11/2027         275,579       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $250,297      4.50%      1/9/2046        275,482       0.00%
     Federal   National   Mortgage   Association                $258,207      3.50%      1/6/2032        275,439       0.00%
     Vistra  Operations    Co. LLC                  $265,000      3.70%     30/1/2027         275,396       0.00%
     McDonald's    Corp.                     $225,000      4.70%     9/12/2035         275,374       0.00%
     General   Motors   Financial   Co.,  Inc.               $275,000      2.40%     10/4/2028         274,991       0.00%
     Federal   National   Mortgage   Association                $261,340      3.00%     1/11/2033         274,942       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $256,121      3.50%     1/10/2043         274,810       0.00%
     Chevron   USA,  Inc.                    $200,000      5.25%     15/11/2043         274,804       0.00%
     Federal   National   Mortgage   Association                $256,648      4.50%      1/7/2048        274,721       0.00%
     Federal   National   Mortgage   Association                $271,207      2.00%      1/9/2040        274,235       0.00%
     Morgan   Stanley                      $265,000      3.75%     25/2/2023         274,158       0.00%
     Ryder  System,   Inc.                    $250,000      4.63%      1/6/2025        274,085       0.00%
     Government    National   Mortgage   Association              $261,243      3.50%     20/10/2048         274,074       0.00%
     Federal   National   Mortgage   Association                $261,186      3.00%      1/3/2037        273,945       0.00%
                                265/362

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     Virginia   Electric   & Power  Co.                 $250,000      3.80%      1/4/2028        273,935       0.00%
     Enterprise    Products   Operating    LLC               $225,000      4.90%     15/5/2046         273,699       0.00%
     Hartford   Financial   Services   Group,   Inc.             $250,000      3.60%     19/8/2049         273,611       0.00%
     GE Capital   UK Funding   Unlimited   Co.            GBP150,000       5.88%     18/1/2033         273,500       0.00%
     Pfizer,  Inc.                       $275,000      2.55%     28/5/2040         273,482       0.00%
     Honeywell    International,     Inc.                 $200,000      5.70%     15/3/2036         273,373       0.00%
     American   Tower  Corp.                   $250,000      4.40%     15/2/2026         273,349       0.00%
     US Bancorp                        $250,000      3.95%     17/11/2025         273,335       0.00%
     Delta  Air Lines  2019-1  Class  AA Pass  Through   Trust         $265,000      3.20%     25/4/2024         273,319       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $263,941      2.50%     1/10/2035         273,072       0.00%
     General   Motors   Financial   Co.,  Inc.               $275,000      1.20%     15/10/2024         272,955       0.00%
     Columbia   Pipeline   Group,   Inc.                $250,000      4.50%      1/6/2025        272,799       0.00%
     JPMorgan   Chase  & Co.＾                   $250,000      3.70%      6/5/2030        272,698       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   Home  Loan  Mortgage   Corp.                $260,660      3.00%     1/12/2026        272,655      0.00%
     Commonwealth     of Massachusetts                    $200,000      5.46%     1/12/2039        272,043      0.00%
     Truist  Bank                        $250,000      3.80%     30/10/2026         272,040      0.00%
     Autodesk,    Inc.                       $250,000      4.38%     15/6/2025        272,031      0.00%
     Crown  Castle  International    Corp.                 $275,000      1.35%     15/7/2025        271,936      0.00%
     Williams   Cos,  Inc.                      $200,000      7.50%     15/1/2031        271,885      0.00%
     eBay,  Inc.                        $250,000      3.65%     10/5/2051        271,863      0.00%
     Truist  Financial   Corp.                     $260,000      2.85%     26/10/2024         271,814      0.00%
     Port  Authority   of New  York  & New  Jersey               $250,000      5.31%      1/8/2046        271,352      0.00%
     Government    National   Mortgage   Association                $255,862      3.50%     20/1/2045        270,854      0.00%
     Laboratory    Corp.  of America   Holdings                 $250,000      3.60%      1/9/2027        270,853      0.00%
     United  Airlines   2012-1  Class  A Pass  Through   Trust           $261,738      4.15%     11/4/2024        270,779      0.00%
     Montefiore    Obligated   Group                   $250,000      5.25%     1/11/2048        270,648      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $275,000      1.52%     25/3/2030        270,452      0.00%
     General   Motors   Financial   Co.,  Inc.                $250,000      4.00%     6/10/2026        270,426      0.00%
     Synchrony    Financial                       $250,000      4.50%     23/7/2025        270,273      0.00%
     Carlisle   Cos,  Inc.                      $250,000      3.75%     1/12/2027        270,258      0.00%
     JPMDB   Commercial    Mortgage   Securities   Trust  2017           $250,000      3.69%     15/3/2050        270,062      0.00%
     Federal   National   Mortgage   Association                 $245,229      4.50%     1/12/2039        270,023      0.00%
     Truist  Financial   Corp.                     $250,000      4.00%      1/5/2025        269,942      0.00%
     Bank  of New  York  Mellon  Corp.＾                  $250,000      3.44%      7/2/2028        269,876      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2017             $250,000      3.47%     15/11/2050         269,293      0.00%
     Burlington    Northern   Santa  Fe LLC                $250,000      3.65%      1/9/2025        269,229      0.00%
     JM Smucker   Co.                      $250,000      3.38%     15/12/2027         269,197      0.00%
     Verisk  Analytics,    Inc.                    $250,000      4.00%     15/6/2025        269,147      0.00%
     PNC  Financial   Services   Group,   Inc.                $250,000      3.15%     19/5/2027        269,081      0.00%
     Huntington    Bancshares    Inc                  $250,000      4.00%     15/5/2025        269,045      0.00%
     Cigna  Corp.                        $250,000      3.40%      1/3/2027        269,013      0.00%
     Bank  of America   Corp.                    GBP150,000       7.00%     31/7/2028        268,911      0.00%
     Duke  Energy   Carolinas   LLC                   $265,000      2.45%      1/2/2030        268,899      0.00%
     Federal   National   Mortgage   Association                 $252,281      4.00%      1/2/2050        268,708      0.00%
     Federal   National   Mortgage   Association                 $261,258      2.50%      1/2/2041        268,544      0.00%
     CSX  Corp.                         $290,000      2.50%     15/5/2051        268,500      0.00%
     National   Retail  Properties,    Inc.                 $250,000      3.50%     15/10/2027         268,377      0.00%
     International    Business   Machines   Corp.                $250,000      3.30%     27/1/2027        268,290      0.00%
     Southwestern     Public  Service   Co.                 $250,000      3.40%     15/8/2046        268,257      0.00%
                                266/362


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     General   Motors   Financial   Co.,  Inc.                $250,000      5.10%     17/1/2024        268,077      0.00%
     American   Tower  Corp.                     $250,000      3.70%     15/10/2049         268,043      0.00%
     Northwell   Healthcare,    Inc.                   $225,000      4.26%     1/11/2047        267,877      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $258,240      2.50%     1/10/2031        267,822      0.00%
     General   Motors   Co.                     $250,000      4.00%      1/4/2025        267,630      0.00%
     General   Dynamics   Corp.                    $250,000      3.50%     15/5/2025        267,549      0.00%
     Federal   National   Mortgage   Association                 $252,813      3.50%     1/11/2050        267,487      0.00%
     Adobe,   Inc.                        $260,000      2.15%      1/2/2027        267,265      0.00%
     Methodist    Hospital                       $275,000      2.71%     1/12/2050        267,183      0.00%
     Government    National   Mortgage   Association                $253,140      3.50%     20/9/2046        267,119      0.00%
     CSAIL  2017-CX9    Commercial    Mortgage   Trust             $250,000      3.45%     15/9/2050        267,111      0.00%
     CSX  Corp.                         $200,000      5.50%     15/4/2041        267,094      0.00%
     Georgia   Power  Co.                     $250,000      3.70%     30/1/2050        267,061      0.00%
     American   Financial   Group,   Inc.                 $250,000      3.50%     15/8/2026        267,058      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2017             $250,000      3.33%     15/12/2050         266,800      0.00%
     Pfizer,  Inc.                        $225,000      4.00%     15/12/2036         266,758      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $257,759      2.50%      1/8/2034        266,670      0.00%
     CVS  Health  Corp.                      $250,000      3.25%     15/8/2029        266,527      0.00%
     Duke  Energy   Florida   LLC                   $250,000      3.20%     15/1/2027        266,524      0.00%
     Massachusetts     Electric   Co.                   $245,000      4.00%     15/8/2046        266,416      0.00%
     Intercontinental     Exchange,    Inc.                 $250,000      3.10%     15/9/2027        266,306      0.00%
     QUALCOMM,     Inc.                     $250,000      3.45%     20/5/2025        266,286      0.00%
     International    Business   Machines   Corp.                $245,000      3.50%     15/5/2029        266,155      0.00%
     Federal   National   Mortgage   Association                 $258,545      2.50%      1/4/2048        265,988      0.00%
     General   Mills,  Inc.                      $250,000      3.20%     10/2/2027        265,855      0.00%
     CommonSpirit     Health                     $250,000      3.35%     1/10/2029        265,762      0.00%
     Black  Hills  Corp.                       $240,000      3.88%     15/10/2049         265,709      0.00%
     Sysco  Corp.                        $250,000      3.25%     15/7/2027        265,684      0.00%
     American   International    Group,   Inc.                $250,000      4.13%     15/2/2024        265,481      0.00%
     Ingredion,    Inc.                       $250,000      3.20%     1/10/2026        265,441      0.00%
     Amgen,   Inc.                        $283,000      2.77%      1/9/2053        265,224      0.00%
     Southern   California   Edison  Co.                 $245,000      4.05%     15/3/2042        265,182      0.00%
     Level  3 Financing,    Inc.                    $260,000      3.88%     15/11/2029         265,142      0.00%
     Federal   National   Mortgage   Association                 $257,886      2.50%      1/4/2040        265,095      0.00%
     Duke  Realty  LP                      $250,000      3.75%     1/12/2024        265,054      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Atmos  Energy   Corp.                     $200,000      5.50%     15/6/2041        265,035      0.00%
     Federal   National   Mortgage   Association                 $243,288      5.00%     1/11/2048        264,550      0.00%
     NiSource,   Inc.                       $195,000      5.65%     1/2/2045        264,463      0.00%
     Air Lease  Corp.                       $250,000      3.63%     1/12/2027        264,428      0.00%
     Kimberly-Clark     Corp.                     $250,000      2.75%     15/2/2026        264,354      0.00%
     Federal   National   Mortgage   Association                 $235,393      5.50%     1/6/2049        264,304      0.00%
     CenterPoint    Energy   Houston   Electric   LLC              $250,000      3.00%     1/2/2027        264,132      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $233,061      5.50%     1/6/2035        264,007      0.00%
     Hubbell,   Inc.                       $250,000      3.15%     15/8/2027        263,574      0.00%
     PacifiCorp                          $200,000      5.75%     1/4/2037        263,483      0.00%
     Constellation     Brands,   Inc.                   $250,000      3.15%     1/8/2029        263,370      0.00%
     Atmos  Energy   Corp.                     $225,000      4.13%     15/10/2044         263,284      0.00%
     Marathon   Petroleum    Corp.                   $250,000      3.63%     15/9/2024        263,237      0.00%
     Leggett   & Platt,  Inc.                     $250,000      3.80%     15/11/2024         263,198      0.00%
                                267/362


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     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $250,000      3.80%     15/9/2030        263,168      0.00%
     Federal   National   Mortgage   Association                 $234,293      5.00%     1/10/2035        263,127      0.00%
     GATX  Corp.                        $250,000      3.25%     15/9/2026        263,104      0.00%
     Citigroup   Commercial    Mortgage   Trust  2014              $250,000      3.64%     10/10/2047         262,909      0.00%
     Magellan   Midstream    Partners   LP                 $250,000      3.25%     1/6/2030        262,854      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $250,450      3.00%     1/10/2032        262,771      0.00%
     Federal   National   Mortgage   Association                 $246,837      3.50%     1/12/2031        262,738      0.00%
     Timken   Co.                        $250,000      3.88%     1/9/2024        262,735      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2013           $250,000      4.20%     15/1/2047        262,606      0.00%
     Capital   One  Financial   Corp.                   $250,000      3.20%     5/2/2025        262,559      0.00%
     SVB  Financial   Group                     $250,000      3.13%     5/6/2030        262,490      0.00%
     CCRE22   Commercial    Mortgage   Trust  2015＾              $250,000      3.60%     10/3/2048        262,485      0.00%
     Johnson   & Johnson                       $250,000      3.38%     5/12/2023        262,485      0.00%
     Schlumberger     Holdings   Corp.                   $250,000      3.75%     1/5/2024        262,464      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $250,000      3.30%     25/7/2024        262,395      0.00%
     Discover   Bank                       $250,000      4.20%     8/8/2023        262,358      0.00%
     Parker-Hannifin     Corp.                     $250,000      3.30%     21/11/2024         262,274      0.00%
     Federal   Farm  Credit  Banks  Funding   Corp.              $263,000      0.88%     18/11/2024         262,211      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2014         $250,000      3.53%     15/12/2047         262,210      0.00%
     Federal   National   Mortgage   Association                 $239,507      4.00%     1/11/2040        262,187      0.00%
     International    Paper  Co.                    $210,000      5.00%     15/9/2035        262,158      0.00%
     American   Honda  Finance   Corp.                  $250,000      3.63%     10/10/2023         262,134      0.00%
     Prudential    Financial,   Inc.                   $175,000      6.63%     21/6/2040        262,084      0.00%
     Republic   Services,   Inc.                    $250,000      3.20%     15/3/2025        262,061      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $253,270      2.50%     1/12/2034        262,026      0.00%
     Time  Warner   Cable  LLC                    $200,000      6.55%     1/5/2037        261,991      0.00%
     Essex  Portfolio   LP                     $250,000      3.00%     15/1/2030        261,958      0.00%
     Lowe's   Cos,  Inc.                      $250,000      3.13%     15/9/2024        261,930      0.00%
     Laboratory    Corp.  of America   Holdings                 $250,000      3.25%     1/9/2024        261,696      0.00%
     National   Securities   Clearing   Corp.                 $260,000      1.20%     23/4/2023        261,673      0.00%
     Federal   National   Mortgage   Association                 $255,688      2.50%     1/2/2033        261,659      0.00%
     Microsoft   Corp.                       $250,000      2.40%     8/8/2026        261,638      0.00%
     PepsiCo,   Inc.                       $250,000      2.75%     30/4/2025        261,545      0.00%
     Fiserv,   Inc.                        $250,000      3.80%     1/10/2023        261,457      0.00%
     Schlumberger     Investment    SA                  $250,000      3.65%     1/12/2023        261,142      0.00%
     Huntington    National   Bank                   $250,000      3.55%     6/10/2023        260,987      0.00%
     Westinghouse     Air Brake  Technologies     Corp.              $250,000      3.20%     15/6/2025        260,926      0.00%
     Crown  Castle  International    Corp.                 $250,000      3.10%     15/11/2029         260,769      0.00%
     Quest  Diagnostics,    Inc.                    $250,000      2.95%     30/6/2030        260,614      0.00%
     Federal   National   Mortgage   Association                 $243,948      3.50%     1/10/2046        260,489      0.00%
     Citigroup   Commercial    Mortgage   Trust  2016              $250,000      3.35%     10/2/2049        260,473      0.00%
     Commonwealth     Financing   Authority                  $225,000      3.81%     1/6/2041        260,446      0.00%
     Williams   Cos,  Inc.                      $200,000      5.75%     24/6/2044        260,408      0.00%
     Government    National   Mortgage   Association                $250,921      3.00%     20/10/2049         260,365      0.00%
     Realty  Income   Corp.                     $250,000      2.85%     15/12/2032         260,026      0.00%
     Healthpeak    Properties,    Inc.                   $250,000      2.88%     15/1/2031        259,988      0.00%
     Costco   Wholesale    Corp.                    $250,000      2.75%     18/5/2024        259,826      0.00%
     Linde,  Inc.                        $250,000      2.65%     5/2/2025        259,789      0.00%
     Farmers   Exchange   Capital   III＾                 $215,000      5.45%     15/10/2054         259,704      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $220,000      4.50%     1/12/2045        259,509      0.00%
     Verizon   Communications,      Inc.                 GBP200,000       1.13%     3/11/2028        259,445      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $250,000      3.37%     25/7/2025        259,352      0.00%
                                268/362

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     Fidelity   National   Information    Services,   Inc.            EUR210,000       2.00%     21/5/2030        259,255      0.00%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $200,000      6.65%     15/1/2037        259,032      0.00%
     Markel  Corp.                        $250,000      3.45%     7/5/2052        258,889      0.00%
     CDW  LLC/CDW    Finance   Corp.                  $250,000      4.25%     1/4/2028        258,693      0.00%
     Eli Lilly  & Co.                      EUR200,000       2.13%     3/6/2030        258,642      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Government    National   Mortgage   Association                $245,524      4.00%     20/5/2050        258,568      0.00%
     Zions  Bancorp   NA                     $250,000      3.25%     29/10/2029         258,484      0.00%
     AbbVie,   Inc.                      EUR200,000       2.63%     15/11/2028         258,470      0.00%
     Oregon   State  University                      $250,000      3.42%     1/3/2060        258,355      0.00%
     Pricoa  Global  Funding   I                   $250,000      2.40%     23/9/2024        258,322      0.00%
     MUFG  Union  Bank  NA                    $255,000      2.10%     9/12/2022        258,200      0.00%
     Citizens   Bank  NA                      $250,000      3.70%     29/3/2023        257,995      0.00%
     Abbott   Laboratories                        $175,000      6.15%     30/11/2037         257,987      0.00%
     International    Business   Machines   Corp.                $200,000      4.70%     19/2/2046        257,939      0.00%
     Federal   National   Mortgage   Association                 $251,682      2.53%     25/9/2024        257,907      0.00%
     Ford  Foundation                         $250,000      2.82%     1/6/2070        257,647      0.00%
     Cardinal   Health,   Inc.                     $240,000      3.41%     15/6/2027        257,625      0.00%
     Nucor  Corp.                        $250,000      2.70%     1/6/2030        257,402      0.00%
     NiSource,   Inc.                       $200,000      5.25%     15/2/2043        257,383      0.00%
     Federal   National   Mortgage   Association                 $242,853      3.50%     1/5/2035        257,357      0.00%
     Ford  Credit  Floorplan   Master   Owner  Trust  A            $250,000      3.17%     15/3/2025        257,330      0.00%
     Republic   Services,   Inc.                    $250,000      2.50%     15/8/2024        257,295      0.00%
     American   Honda  Finance   Corp.                  $250,000      2.35%     8/1/2027        257,294      0.00%
     Duke  Energy   Corp.                      $225,000      4.20%     15/6/2049        257,278      0.00%
     Crown  Castle  International    Corp.                 $200,000      5.20%     15/2/2049        257,231      0.00%
     Federal   National   Mortgage   Association                 $244,240      3.50%     1/10/2026        257,205      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2013           $250,000      3.66%     15/7/2045        257,115      0.00%
     International    Flavors   & Fragrances,    Inc.              $200,000      5.00%     26/9/2048        257,111      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $240,602      3.50%     1/5/2045        256,990      0.00%
     Micron   Technology,    Inc.                    $250,000      3.37%     1/11/2041        256,734      0.00%
     Verizon   Communications,      Inc.                 GBP200,000       1.88%     3/11/2038        256,611      0.00%
     Evergy,   Inc.                        $250,000      2.45%     15/9/2024        256,323      0.00%
     Truist  Bank                        $250,000      2.75%     1/5/2023        256,317      0.00%
     Morgan   Stanley                        $250,000      3.13%     23/1/2023        256,156      0.00%
     Citigroup   Commercial    Mortgage   Trust  2016              $250,000      2.65%     10/7/2049        256,149      0.00%
     NiSource,   Inc.                       $215,000      4.38%     15/5/2047        255,837      0.00%
     Mars,  Inc.                        $200,000      4.20%     1/4/2059        255,727      0.00%
     Exxon  Mobil  Corp.                      $250,000      3.00%     16/8/2039        255,656      0.00%
     Government    National   Mortgage   Association                $239,817      4.50%     20/5/2048        255,596      0.00%
     Memorial   Sloan-Kettering     Cancer   Center               $250,000      2.96%     1/1/2050        255,534      0.00%
     US Bank  NA                       $250,000      2.85%     23/1/2023        255,428      0.00%
     Essex  Portfolio   LP                     $230,000      4.00%     1/3/2029        255,307      0.00%
     New  York  Life Global  Funding                   $250,000      2.00%     22/1/2025        255,246      0.00%
     Nucor  Corp.                        $250,000      2.00%     1/6/2025        255,112      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $249,050      3.25%     25/4/2023        255,040      0.00%
     Government    National   Mortgage   Association                $237,096      3.50%     20/8/2043        254,751      0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.            $250,000      2.70%     15/2/2023        254,609      0.00%
     Health  Care  Service   Corp.  A Mutual   Legal  Reserve   Co.         $250,000      3.20%     1/6/2050        254,577      0.00%
     Nasdaq,   Inc.                       $250,000      3.25%     28/4/2050        254,523      0.00%
                                269/362


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     Lazard  Group  LLC                      $225,000      4.38%     11/3/2029        254,511      0.00%
     Omega   Healthcare    Investors,    Inc.                $230,000      4.75%     15/1/2028        254,261      0.00%
     Federal   National   Mortgage   Association                 $240,413      3.50%     1/6/2033        254,061      0.00%
     Crown  Castle  International    Corp.                 $240,000      3.30%     1/7/2030        253,609      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $238,205      3.50%     1/4/2032        253,590      0.00%
     Johnson   & Johnson                       $175,000      5.85%     15/7/2038        253,260      0.00%
     MedStar   Health,   Inc.                     $230,000      3.63%     15/8/2049        253,252      0.00%
     Burlington    Northern   Santa  Fe LLC                $225,000      3.55%     15/2/2050        253,219      0.00%
     Bank  of New  York  Mellon  Corp.                  $250,000      1.85%     27/1/2023        253,117      0.00%
     Amcor  Flexibles   North  America,   Inc.                $250,000      2.69%     25/5/2031        252,961      0.00%
     NVIDIA   Corp.                       $235,000      3.20%     16/9/2026        252,935      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $240,682      3.00%     1/12/2045        252,926      0.00%
     Merck  & Co.,  Inc.                      $175,000      6.50%     1/12/2033        252,811      0.00%
     Stanley   Black  & Decker,   Inc.                  $250,000      2.30%     15/3/2030        252,767      0.00%
     First  Republic   Bank＾                     $250,000      1.91%     12/2/2024        252,721      0.00%
     Public  Storage                        $250,000      2.30%     1/5/2031        252,595      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $250,000      1.77%     25/5/2028        252,569      0.00%
     Alabama   Federal   Aid Highway   Finance   Authority             $250,000      2.65%     1/9/2037        252,436      0.00%
     EI du Pont  de Nemours   & Co.                  $250,000      1.70%     15/7/2025        252,304      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2018             $225,000      4.21%     15/5/2051        252,268      0.00%
     JobsOhio   Beverage   System                    $250,000      2.83%     1/1/2038        252,227      0.00%
     Viatris,   Inc.                        $250,000      2.30%     22/6/2027        252,213      0.00%
     UBS  Commercial    Mortgage   Trust  2018               $225,000      4.31%     15/5/2051        252,136      0.00%
     PayPal  Holdings,   Inc.                     $250,000      1.35%     1/6/2023        252,100      0.00%
     Fidelity   National   Information    Services,   Inc.              $250,000      3.10%     1/3/2041        251,935      0.00%
     Morgan   Stanley＾                      CA($)325,000        1.78%     4/8/2027        251,933      0.00%
     Alleghany   Corp.                       $200,000      4.90%     15/9/2044        251,868      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Aon  Corp.                         $200,000      8.21%     1/1/2027        251,695      0.00%
     Willis  North  America,   Inc.                   $225,000      4.50%     15/9/2028        251,690      0.00%
     Federal   National   Mortgage   Association                 $242,964      2.50%     1/11/2027        251,686      0.00%
     Federal   National   Mortgage   Association                 $238,803      3.00%     1/11/2043        251,587      0.00%
     Lam  Research   Corp.                      $185,000      4.88%     15/3/2049        251,513      0.00%
     Duke  Realty  LP                      $225,000      4.00%     15/9/2028        251,405      0.00%
     Pfizer,  Inc.                       GBP165,000       2.74%     15/6/2043        251,165      0.00%
     Federal   National   Mortgage   Association                 $223,782      5.00%     1/8/2040        251,126      0.00%
     City  of San Antonio   TX Electric   & Gas Systems   Revenue          $250,000      2.91%     1/2/2048        251,013      0.00%
     Leidos,   Inc.                        $225,000      4.38%     15/5/2030        250,995      0.00%
     Alabama   Power  Co.                     $180,000      6.00%     1/3/2039        250,742      0.00%
     Charter   Communications      Operating    LLC/Charter
                                $175,000      6.83%     23/10/2055         250,664      0.00%
       Communications      Operating    Capital
     California   State  University                     $250,000      2.90%     1/11/2051        250,640      0.00%
     Motorola   Solutions,   Inc.                    $250,000      2.75%     24/5/2031        250,623      0.00%
     Blackstone    Holdings   Finance   Co. LLC               $215,000      4.00%     2/10/2047        250,622      0.00%
     PepsiCo,   Inc.                       $250,000      0.75%     1/5/2023        250,523      0.00%
     Government    National   Mortgage   Association                $239,178      3.00%     20/5/2034        250,446      0.00%
     MassMutual    Global  Funding   II                 $250,000      0.85%     9/6/2023        250,277      0.00%
     Puget  Sound  Energy,   Inc.                   $185,000      5.76%     1/10/2039        250,265      0.00%
     Hubbell,   Inc.                       $250,000      2.30%     15/3/2031        250,170      0.00%
     Health  Care  Service   Corp.  A Mutual   Legal  Reserve   Co.         $250,000      1.50%     1/6/2025        249,805      0.00%
                                270/362


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     BP Capital   Markets   America,   Inc.                 $225,000      3.94%     21/9/2028        249,752      0.00%
     Business   Development     Corp.  of America                $250,000      3.25%     30/3/2026        249,584      0.00%
     Public  Storage                        $250,000      1.85%     1/5/2028        249,572      0.00%
     Pricoa  Global  Funding   I                   $250,000      1.15%     6/12/2024        249,438      0.00%
     Southern   Co. Gas Capital   Corp.                  $235,000      3.25%     15/6/2026        249,430      0.00%
     AmerisourceBergen       Corp.                    $250,000      0.74%     15/3/2023        249,383      0.00%
     Viatris,   Inc.                        $250,000      1.65%     22/6/2025        249,266      0.00%
     American   Honda  Finance   Corp.                  $250,000      1.20%     8/7/2025        249,242      0.00%
     Thermo   Fisher  Scientific,   Inc.                  $200,000      4.10%     15/8/2047        249,043      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $200,000      4.63%     1/12/2054        248,966      0.00%
     Prospect   Capital   Corp.                     $250,000      3.36%     15/11/2026         248,860      0.00%
     LYB  International    Finance   III LLC                 $250,000      2.25%     1/10/2030        248,800      0.00%
     Fidelity   National   Information    Services,   Inc.              $250,000      0.38%     1/3/2023        248,793      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $242,949      3.32%     25/2/2023        248,717      0.00%
     Government    National   Mortgage   Association                $224,461      4.50%     20/3/2045        248,717      0.00%
     EPR  Properties                         $250,000      3.60%     15/11/2031         248,671      0.00%
     General   Motors   Financial   Co.,  Inc.                $250,000      1.05%     8/3/2024        248,669      0.00%
     Yale  University                         $250,000      0.87%     15/4/2025        248,631      0.00%
     AbbVie,   Inc.                       $200,000      4.75%     15/3/2045        248,562      0.00%
     Federal   National   Mortgage   Association                 $224,283      4.50%     1/9/2043        248,557      0.00%
     DTE  Electric   Co.                      $250,000      1.90%     1/4/2028        248,543      0.00%
     Extra  Space  Storage   LP                   $250,000      2.55%     1/6/2031        248,500      0.00%
     PayPal  Holdings,   Inc.                     $240,000      2.40%     1/10/2024        248,345      0.00%
     Federal   National   Mortgage   Association＾                 $239,208      2.80%     25/5/2025        248,208      0.00%
     Mars,  Inc.                        $215,000      3.88%     1/4/2039        248,189      0.00%
     PepsiCo,   Inc.                       $220,000      3.38%     29/7/2049        248,134      0.00%
     HCA,  Inc.                        $225,000      4.13%     15/6/2029        248,084      0.00%
     John  Deere  Capital   Corp.                    $225,000      3.45%     7/3/2029        247,845      0.00%
     Oaktree   Specialty   Lending   Corp.                 $250,000      2.70%     15/1/2027        247,788      0.00%
     WEC  Energy   Group,   Inc.                   $250,000      0.80%     15/3/2024        247,572      0.00%
     AHS  Hospital   Corp.                      $250,000      2.78%     1/7/2051        247,570      0.00%
     New  Jersey  Transportation     Trust  Fund  Authority             $170,000      6.56%     15/12/2040         247,569      0.00%
     Teledyne   Technologies,     Inc.                  $250,000      0.95%     1/4/2024        247,527      0.00%
     Kaiser  Foundation    Hospitals                    $200,000      4.15%     1/5/2047        247,486      0.00%
     University    of California                      $250,000      0.88%     15/5/2025        247,444      0.00%
     McDonald's    Corp.                      $200,000      4.60%     26/5/2045        247,371      0.00%
     Enterprise    Products   Operating    LLC                $235,000      3.70%     31/1/2051        247,359      0.00%
     AIG  Global  Funding                      $250,000      0.45%     8/12/2023        247,350      0.00%
     Raytheon   Technologies     Corp.                   $200,000      4.70%     15/12/2041         247,239      0.00%
     Principal   Financial   Group,   Inc.                  $250,000      2.13%     15/6/2030        247,234      0.00%
     GLP  Capital   LP/GLP   Financing   II, Inc.               $225,000      5.25%     1/6/2025        247,231      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $240,000      3.31%     25/5/2023        247,095      0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.            $225,000      3.70%     15/3/2029        246,934      0.00%
     Federal   National   Mortgage   Association                 $226,722      4.00%     1/1/2045        246,931      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $240,000      3.30%     25/4/2023        246,743      0.00%
     Indiana   Michigan   Power  Co.                  $200,000      4.55%     15/3/2046        246,594      0.00%
     Federal   National   Mortgage   Association                 $226,137      4.00%     1/12/2039        246,445      0.00%
     Health  Care  Service   Corp.  A Mutual   Legal  Reserve   Co.         $250,000      2.20%     1/6/2030        246,373      0.00%
     Fidelity   National   Information    Services,   Inc.              $250,000      0.60%     1/3/2024        246,356      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
                                271/362


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     Ecolab,   Inc.                      $250,000      2.70%     15/12/2051         246,215       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $216,637      5.50%      1/1/2039        246,105       0.00%
     Bristol-Myers     Squibb  Co.                  $225,000      3.45%     15/11/2027         246,045       0.00%
     Energy   Transfer   LP                    $225,000      4.95%     15/1/2043         245,891       0.00%
     Federal   National   Mortgage   Association                $223,237      4.50%      1/4/2039        245,807       0.00%
     Western   Union  Co.                    $200,000      6.20%     17/11/2036         245,679       0.00%
     Blackstone    Holdings   Finance   Co. LLC              $200,000      4.45%     15/7/2045         245,372       0.00%
     Oncor  Electric   Delivery   Co. LLC                $200,000      5.75%     15/3/2029         245,157       0.00%
     Cigna  Corp.                       $171,000      6.13%     15/11/2041         244,875       0.00%
     Government    National   Mortgage   Association              $224,383      4.00%     20/11/2041         244,809       0.00%
     Virginia   Electric   & Power  Co.                 $200,000      4.45%     15/2/2044         244,784       0.00%
     Atmos  Energy   Corp.                    $200,000      4.30%     1/10/2048         244,778       0.00%
     New  York  & Presbyterian    Hospital                 $200,000      4.02%      1/8/2045        244,737       0.00%
     Safehold   Operating    Partnership    LP               $250,000      2.85%     15/1/2032         244,696       0.00%
     GXO  Logistics,   Inc.                    $250,000      1.65%     15/7/2026         244,680       0.00%
     Eastern   Gas Transmission     & Storage,   Inc.             $200,000      4.80%     1/11/2043         244,652       0.00%
     Federal   National   Mortgage   Association                $231,389      3.50%     1/10/2033         244,525       0.00%
     CCRE24   Commercial    Mortgage   Trust  2015            $233,574      3.43%     10/8/2048         244,387       0.00%
     Roper  Technologies,     Inc.                  $250,000      1.00%     15/9/2025         244,384       0.00%
     Stryker   Corp.                      $250,000      1.95%     15/6/2030         244,381       0.00%
     PacifiCorp                         $225,000      3.50%     15/6/2029         244,364       0.00%
     FedEx  Corp.                       $200,000      4.75%     15/11/2045         244,174       0.00%
     Kimco  Realty  Corp.                    $225,000      3.80%      1/4/2027        244,160       0.00%
     Liberty   Mutual   Group,   Inc.                 $220,000      3.95%     15/10/2050         244,091       0.00%
     New  Jersey  Transportation     Trust  Fund  Authority            $210,000      5.75%     15/12/2028         243,967       0.00%
     Conagra   Brands,   Inc.                   $239,000      3.20%     25/1/2023         243,461       0.00%
     PacifiCorp                         $175,000      6.25%     15/10/2037         243,367       0.00%
     Federal   National   Mortgage   Association                $225,165      4.00%     1/12/2045         243,337       0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.          $195,000      4.30%     15/3/2049         243,306       0.00%
     Global  Payments,    Inc.                   $250,000      1.20%      1/3/2026        243,253       0.00%
     Kilroy  Realty  LP                     $250,000      2.50%     15/11/2032         243,190       0.00%
     George   Washington    University                  $200,000      4.13%     15/9/2048         242,978       0.00%
     McDonald's    Corp.                   CA($)295,000        3.13%      4/3/2025        242,946       0.00%
     Alameda   County   Joint  Powers   Authority               $150,000      7.05%     1/12/2044         242,933       0.00%
     Philip  Morris  International,     Inc.                $225,000      3.88%     21/8/2042         242,727       0.00%
     Philip  Morris  International,     Inc.                $225,000      3.38%     15/8/2029         242,722       0.00%
     American   International    Group,   Inc.               $175,000      6.25%      1/5/2036        242,553       0.00%
     Federal   National   Mortgage   Association                $209,901      6.00%      1/5/2038        242,414       0.00%
     Federal   National   Mortgage   Association                $225,386      3.50%      1/8/2043        242,406       0.00%
     Health  & Educational    Facilities   Authority   of the State  of
                              $195,000      3.65%     15/8/2057         242,350       0.00%
       Missouri
     Sherwin-Williams      Co.                   $230,000      2.95%     15/8/2029         242,289       0.00%
     Cargill,   Inc.                      $225,000      3.25%     23/5/2029         242,284       0.00%
     Fidelity   National   Information    Services,   Inc.            $250,000      1.65%      1/3/2028        242,067       0.00%
     Republic   Services,   Inc.                   $225,000      3.38%     15/11/2027         242,050       0.00%
     Smithfield   Foods,  Inc.                   $225,000      4.25%      1/2/2027        241,836       0.00%
     Commonwealth     Edison  Co.                 $200,000      4.35%     15/11/2045         241,725       0.00%
     Apollo  Management    Holdings   LP               $210,000      4.87%     15/2/2029         241,636       0.00%
     Chubb  INA  Holdings,   Inc.                  $225,000      3.35%      3/5/2026        241,632       0.00%
     Ameren   Illinois  Co.                    $200,000      4.15%     15/3/2046         241,621       0.00%
     Wells  Fargo  & Co.                   CA($)300,000        2.51%     27/10/2023         241,542       0.00%
     National   Health  Investors,   Inc.                $250,000      3.00%      1/2/2031        241,416       0.00%
                                272/362


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     Federal   National   Mortgage   Association＾                $231,688      2.47%     25/12/2026         241,358       0.00%
     Government    National   Mortgage   Association              $225,850      3.50%     15/10/2043         241,232       0.00%
     Federal   National   Mortgage   Association＾                $250,000      1.39%     25/11/2030         241,167       0.00%
     UDR,  Inc.                       $225,000      3.50%      1/7/2027        240,691       0.00%
     Israel  Government    AID  Bond                 $175,000      5.50%     18/9/2033         240,567       0.00%
     Berkshire   Hathaway   Energy   Co.                $250,000      2.85%     15/5/2051         240,444       0.00%
     Texas  Instruments,    Inc.                   $245,000      1.75%      4/5/2030        240,413       0.00%
     Cardinal   Health,   Inc.                   $200,000      4.90%     15/9/2045         240,325       0.00%
     McCormick    & Co.,  Inc.                   $200,000      4.20%     15/8/2047         240,184       0.00%
     United  Parcel  Service,   Inc.                EUR200,000       1.63%     15/11/2025         240,072       0.00%
     Federal   National   Mortgage   Association                $221,038      4.50%      1/6/2050        239,973       0.00%
     United  Airlines   2016-2  Class  AA Pass  Through   Trust         $236,566      2.88%     7/10/2028         239,884       0.00%
     Kite  Realty  Group  LP                   $225,000      4.00%     1/10/2026         239,748       0.00%
     Government    National   Mortgage   Association              $223,419      3.50%     20/2/2043         239,722       0.00%
     Clorox  Co.                       $225,000      3.50%     15/12/2024         239,718       0.00%
     Comcast   Corp.                      $225,000      3.20%     15/7/2036         239,532       0.00%
     Allegion   plc                      $225,000      3.50%     1/10/2029         239,462       0.00%
     University    of California                     $225,000      3.06%      1/7/2025        239,181       0.00%
     International    Business   Machines   Corp.              $175,000      5.60%     30/11/2039         239,108       0.00%
     Federal   National   Mortgage   Association                $233,288      2.00%     1/11/2034         239,053       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Federal   National   Mortgage   Association                 $228,137      3.00%     1/5/2048        238,847      0.00%
     Duquesne   Light  Holdings,   Inc.                  $225,000      3.62%     1/8/2027        238,678      0.00%
     Five  Corners   Funding   Trust                   $225,000      4.42%     15/11/2023         238,562      0.00%
     Prologis   LP                       $250,000      1.63%     15/3/2031        238,460      0.00%
     Government    National   Mortgage   Association                $227,140      3.50%     20/4/2047        238,399      0.00%
     Kimco  Realty  Corp.                      $200,000      4.45%     1/9/2047        238,245      0.00%
     UnitedHealth     Group,   Inc.                   $225,000      2.88%     15/8/2029        238,153      0.00%
     Gilead  Sciences,   Inc.                     $225,000      3.50%     1/2/2025        238,080      0.00%
     Western   & Southern   Life Insurance   Co.               $175,000      5.15%     15/1/2049        238,069      0.00%
     BayCare   Health  System,   Inc.                  $200,000      3.83%     15/11/2050         237,988      0.00%
     Rexford   Industrial   Realty  LP                  $250,000      2.15%     1/9/2031        237,933      0.00%
     Simon  Property   Group  LP                   $200,000      4.25%     30/11/2046         237,915      0.00%
     GATX  Corp.                        $250,000      1.90%     1/6/2031        237,581      0.00%
     Dover  Corp.                        $225,000      2.95%     4/11/2029        237,578      0.00%
     Federal   National   Mortgage   Association                 $236,408      1.50%     1/8/2035        237,527      0.00%
     Zoetis,   Inc.                        $200,000      3.95%     12/9/2047        237,349      0.00%
     Omnicom   Finance   Holdings   plc                EUR200,000       1.40%     8/7/2031        237,154      0.00%
     Cox  Communications,      Inc.                   $225,000      3.60%     15/6/2051        236,953      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $235,833      1.50%     1/9/2035        236,949      0.00%
     Cummins,   Inc.                       $250,000      1.50%     1/9/2030        236,941      0.00%
     BP Capital   Markets   America,   Inc.                 $240,000      3.00%     24/2/2050        236,398      0.00%
     Brixmor   Operating    Partnership    LP                $225,000      3.65%     15/6/2024        236,069      0.00%
     Emerson   Electric   Co.                   EUR200,000       1.25%     15/10/2025         236,032      0.00%
     AT&T,  Inc.                        $221,000      4.45%     1/4/2024        236,002      0.00%
     American   Tower  Corp.                     $230,000      2.90%     15/1/2030        235,949      0.00%
     Micron   Technology,    Inc.                    $200,000      5.33%     6/2/2029        235,923      0.00%
     Honeywell    International,     Inc.                  $225,000      2.70%     15/8/2029        235,741      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $227,486      2.50%     1/10/2027        235,731      0.00%
     Providence    St Joseph  Health  Obligated   Group             $200,000      3.93%     1/10/2048        235,690      0.00%
                                273/362


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     Atmos  Energy   Corp.                     $220,000      3.38%     15/9/2049        235,614      0.00%
     Pennsylvania    Turnpike   Commission                   $165,000      5.51%     1/12/2045        235,566      0.00%
     Becton   Dickinson   & Co.                    $221,000      3.73%     15/12/2024         235,059      0.00%
     Tractor   Supply  Co.                     $250,000      1.75%     1/11/2030        234,898      0.00%
     Cummins,   Inc.                       $250,000      2.60%     1/9/2050        234,840      0.00%
     Cameron   LNG  LLC                     $225,000      2.90%     15/7/2031        234,736      0.00%
     Lam  Research   Corp.                     $215,000      3.75%     15/3/2026        234,430      0.00%
     Merck  & Co.,  Inc.                      $200,000      3.90%     7/3/2039        234,424      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $218,804      4.00%     1/7/2047        234,322      0.00%
     John  Deere  Financial,   Inc.                 CA($)290,000        2.46%     4/4/2024        234,183      0.00%
     Alabama   Power  Co.                     $200,000      4.15%     15/8/2044        234,078      0.00%
     Philip  Morris  International,     Inc.                 $225,000      2.88%     1/5/2024        234,000      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $222,502      3.00%     1/4/2033        233,944      0.00%
     Federal   National   Mortgage   Association                 $215,020      5.00%     1/8/2048        233,812      0.00%
     Federal   National   Mortgage   Association                 $221,812      3.00%     1/2/2043        233,687      0.00%
     Kinder  Morgan   Energy   Partners   LP                $175,000      6.50%     1/9/2039        233,512      0.00%
     Federal   National   Mortgage   Association                 $219,143      4.00%     1/3/2035        233,485      0.00%
     CME  Group,   Inc.                      $222,000      3.00%     15/3/2025        233,384      0.00%
     State  Street  Corp.＾                      $225,000      3.03%     1/11/2034        233,341      0.00%
     Autodesk,    Inc.                       $225,000      2.85%     15/1/2030        232,972      0.00%
     Public  Service   Enterprise    Group,   Inc.               $225,000      2.88%     15/6/2024        232,963      0.00%
     Tucson   Electric   Power  Co.                   $200,000      4.00%     15/6/2050        232,873      0.00%
     Markel  Corp.                        $200,000      4.30%     1/11/2047        232,809      0.00%
     WRKCo,   Inc.                       $200,000      4.90%     15/3/2029        232,761      0.00%
     Federal   National   Mortgage   Association                 $220,995      3.50%     1/2/2026        232,726      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $217,227      4.50%     1/9/2048        232,609      0.00%
     Federal   National   Mortgage   Association                 $225,000      2.21%     25/1/2030        232,433      0.00%
     Baker  Hughes   Holdings   LLC/Baker    Hughes   Co.-Obligor,    Inc.       $220,000      3.14%     7/11/2029        232,417      0.00%
     Quest  Diagnostics,    Inc.                    $225,000      2.80%     30/6/2031        232,375      0.00%
     DTE  Electric   Co.                      $225,000      2.63%     1/3/2031        232,316      0.00%
     DH Europe   Finance   II Sarl                   $225,000      2.60%     15/11/2029         232,279      0.00%
     Mars,  Inc.                        $215,000      3.20%     1/4/2030        232,178      0.00%
     Aptiv  plc                        $175,000      5.40%     15/3/2049        232,138      0.00%
     Baxter  International,     Inc.                   $225,000      3.13%     1/12/2051        232,107      0.00%
     salesforce.com,     Inc.                     $225,000      3.25%     11/4/2023        232,081      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $200,000      3.95%     25/11/2030         231,886      0.00%
     Huntington    Bancshares,    Inc.                  $225,000      2.63%     6/8/2024        231,865      0.00%
     State  Street  Corp.＾                      $225,000      2.35%     1/11/2025        231,812      0.00%
     CyrusOne    LP/CyrusOne     Finance   Corp.              EUR200,000       1.45%     22/1/2027        231,787      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $220,908      3.00%     1/12/2030        231,727      0.00%
     American   Water  Capital   Corp.                  $200,000      4.00%     1/12/2046        231,605      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $225,000      2.15%     25/10/2031         231,578      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Government    National   Mortgage   Association                $208,389      4.50%     20/10/2041         231,561      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $200,000      3.90%     25/12/2030         231,417      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $225,000      3.06%     25/7/2023        231,267      0.00%
     IHS Markit  Ltd.                       $200,000      4.75%      1/8/2028        231,248      0.00%
     Halliburton    Co.                      $200,000      4.75%      1/8/2043        231,124      0.00%
     Fifth  Third  Bancorp                       $225,000      2.38%     28/1/2025        230,924      0.00%
     Apple,  Inc.                       CHF200,000       0.75%     25/2/2030        230,558      0.00%
                                274/362


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     Aetna,  Inc.                        $225,000      2.80%     15/6/2023        230,541      0.00%
     3M Co.                         $225,000      2.00%     14/2/2025        230,502      0.00%
     Entergy   Mississippi    LLC                    $200,000      3.85%      1/6/2049        230,464      0.00%
     Federal   National   Mortgage   Association                 $211,535      4.50%      1/3/2049        230,350      0.00%
     Baker  Hughes   Holdings   LLC/Baker    Hughes   Co.-Obligor,    Inc.       $200,000      4.49%      1/5/2030        230,312      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $218,631      3.00%      1/8/2043        230,288      0.00%
     TC PipeLines   LP                      $210,000      3.90%     25/5/2027        230,282      0.00%
     Archer-Daniels-Midland        Co.                  $175,000      4.50%     15/3/2049        230,273      0.00%
     KeyCorp                          $225,000      2.55%     1/10/2029        230,263      0.00%
     Discover   Bank                       $225,000      2.45%     12/9/2024        230,262      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $214,443      3.50%      1/6/2042        230,169      0.00%
     AbbVie,   Inc.                       $225,000      2.85%     14/5/2023        230,104      0.00%
     DH Europe   Finance   II Sarl                   $225,000      2.20%     15/11/2024         230,082      0.00%
     Federal   National   Mortgage   Association                 $219,821      3.00%      1/3/2027        230,003      0.00%
     Ally  Financial,   Inc.                     $210,000      5.13%     30/9/2024        229,820      0.00%
     PepsiCo,   Inc.                       $175,000      4.45%     14/4/2046        229,765      0.00%
     Kilroy  Realty  LP                      $200,000      4.75%     15/12/2028         229,579      0.00%
     Diamondback     Energy,   Inc.                   $200,000      4.40%     24/3/2051        229,552      0.00%
     Consumers    Energy   Co.                    $215,000      3.25%     15/8/2046        229,465      0.00%
     PacifiCorp                          $200,000      4.10%      1/2/2042        229,345      0.00%
     Pacific  Life Insurance   Co.＾                   $200,000      4.30%     24/10/2067         229,173      0.00%
     Simon  Property   Group  LP                   $225,000      2.00%     13/9/2024        229,109      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $200,000      3.46%     25/11/2032         228,728      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $223,054      2.00%      1/1/2029        228,686      0.00%
     Fox Corp.                         $200,000      4.71%     25/1/2029        228,624      0.00%
     Devon  Energy   Corp.                     $213,000      4.50%     15/1/2030        228,622      0.00%
     DBGS  2018-C1   Mortgage   Trust                  $200,000      4.47%     15/10/2051         228,423      0.00%
     S&P  Global,   Inc.                      $210,000      3.25%     1/12/2049        228,398      0.00%
     CSX  Corp.                         $175,000      4.65%      1/3/2068        228,242      0.00%
     Dayton   Power  & Light  Co.                   $200,000      3.95%     15/6/2049        228,164      0.00%
     New  York  City  Water  & Sewer  System                $150,000      5.95%     15/6/2042        228,141      0.00%
     Norfolk   Southern   Corp.                     $200,000      4.10%     15/5/2121        227,860      0.00%
     eBay,  Inc.                        $225,000      2.60%     10/5/2031        227,829      0.00%
     Phillips   66 Partners   LP                    $220,000      3.15%     15/12/2029         227,731      0.00%
     Ohio  National   Financial   Services,   Inc.               $200,000      5.80%     24/1/2030        227,603      0.00%
     American   Homes  4 Rent  LP                  $225,000      3.38%     15/7/2051        227,582      0.00%
     Essex  Portfolio   LP                     $215,000      3.38%     15/4/2026        227,496      0.00%
     University    of Southern   California                   $215,000      3.03%     1/10/2039        227,388      0.00%
     Federal   National   Mortgage   Association                 $213,161      3.50%      1/3/2032        227,387      0.00%
     Linde,  Inc.                        $200,000      3.55%     7/11/2042        227,347      0.00%
     PayPal  Holdings,   Inc.                     $224,000      2.30%      1/6/2030        227,283      0.00%
     Government    National   Mortgage   Association                $208,782      4.00%     15/10/2041         227,280      0.00%
     Grand  Parkway   Transportation     Corp.                $170,000      5.18%     1/10/2042        227,206      0.00%
     Steelcase,    Inc.                       $200,000      5.13%     18/1/2029        226,908      0.00%
     Government    National   Mortgage   Association                $214,417      3.50%     20/11/2046         226,257      0.00%
     Sherwin-Williams      Co.                     $200,000      3.80%     15/8/2049        226,214      0.00%
     Government    National   Mortgage   Association                $207,316      4.00%     20/5/2042        225,992      0.00%
     Citigroup,    Inc.                       $150,000      6.68%     13/9/2043        225,557      0.00%
     Corning,   Inc.                       $200,000      3.90%     15/11/2049         225,414      0.00%
     NiSource,   Inc.                       $200,000      3.95%     30/3/2048        225,390      0.00%
     Dominion   Energy,   Inc.                    $200,000      4.05%     15/9/2042        225,278      0.00%
     Enbridge   Energy   Partners   LP                  $150,000      7.50%     15/4/2038        225,222      0.00%
                                275/362


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     Cox  Communications,      Inc.                   $225,000      2.60%     15/6/2031        225,060      0.00%
     Duke  Energy   Corp.                      $225,000      2.55%     15/6/2031        224,869      0.00%
     Duke  Energy   Carolinas   LLC                   $165,000      6.10%      1/6/2037        224,683      0.00%
     Walgreens    Boots  Alliance,   Inc.                 $200,000      4.10%     15/4/2050        224,419      0.00%
     Office  Properties    Income   Trust                  $215,000      4.25%     15/5/2024        224,365      0.00%
     KeyCorp                          $200,000      4.10%     30/4/2028        224,052      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $203,284      4.50%      1/3/2041        224,025      0.00%
     Apple,  Inc.                       CHF200,000       0.38%     25/11/2024         224,002      0.00%
     United  Airlines   2014-2  Class  A Pass  Through   Trust           $215,432      3.75%      3/9/2026        223,928      0.00%
     New  York  City  Water  & Sewer  System                $155,000      5.75%     15/6/2041        223,908      0.00%
     FedEx  Corp.                        $200,000      4.10%      1/2/2045        223,903      0.00%
     Johnson   & Johnson                       $200,000      3.40%     15/1/2038        223,859      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Eli Lilly  & Co.                       $204,000      3.38%     15/3/2029        223,815      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $222,687      1.50%      1/8/2035        223,740      0.00%
     Alcon  Finance   Corp.                     $200,000      3.80%     23/9/2049        223,736      0.00%
     American   International    Group,   Inc.                $200,000      4.20%      1/4/2028        223,733      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $205,095      4.00%      1/7/2040        223,576      0.00%
     Crown  Castle  International    Corp.                 $225,000      2.50%     15/7/2031        223,558      0.00%
     American   Electric   Power  Co.,  Inc.                $200,000      4.30%     1/12/2028        223,455      0.00%
     GLP  Capital   LP/GLP   Financing   II, Inc.               $200,000      5.38%     15/4/2026        223,388      0.00%
     Magellan   Midstream    Partners   LP                 $210,000      3.95%      1/3/2050        223,386      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $200,000      3.65%     25/2/2028        223,357      0.00%
     Stryker   Corp.                        $225,000      1.15%     15/6/2025        223,259      0.00%
     Guardian   Life Insurance   Co. of America                $175,000      4.88%     19/6/2064        223,250      0.00%
     Applied   Materials,   Inc.                    $175,000      4.35%      1/4/2047        223,022      0.00%
     Commonwealth     Edison  Co.                   $200,000      3.65%     15/6/2046        223,019      0.00%
     Halliburton    Co.                      $200,000      4.50%     15/11/2041         222,773      0.00%
     Consumers    Energy   Co.                    $200,000      3.80%     15/11/2028         222,711      0.00%
     Federal   National   Mortgage   Association                 $211,969      3.00%     1/11/2045        222,659      0.00%
     Regency   Centers   LP                    $200,000      4.13%     15/3/2028        222,527      0.00%
     Enable  Midstream    Partners   LP                 $200,000      4.95%     15/5/2028        222,422      0.00%
     Toyota   Motor  Credit  Corp.                   $225,000      0.63%     13/9/2024        222,117      0.00%
     Expedia   Group,   Inc.                     $208,000      3.80%     15/2/2028        222,080      0.00%
     MetLife,   Inc.                       $165,000      5.70%     15/6/2035        222,064      0.00%
     Berkshire   Hathaway   Energy   Co.                 $200,000      3.70%     15/7/2030        222,061      0.00%
     Ovintiv   Exploration,    Inc.                   $200,000      5.38%      1/1/2026        221,941      0.00%
     Crane  Co.                        $200,000      4.20%     15/3/2048        221,756      0.00%
     eBay,  Inc.                        $225,000      1.40%     10/5/2026        221,628      0.00%
     SITE  Centers   Corp.                      $200,000      4.70%      1/6/2027        221,586      0.00%
     AEP  Transmission     Co. LLC                   $200,000      3.65%      1/4/2050        221,527      0.00%
     Federal   National   Mortgage   Association                 $205,852      4.00%      1/7/2037        221,259      0.00%
     CenterPoint    Energy   Houston   Electric   LLC              $200,000      3.35%      1/4/2051        221,221      0.00%
     Simon  Property   Group  LP                   $225,000      1.75%      1/2/2028        221,207      0.00%
     Bay Area  Toll  Authority                      $125,000      6.91%     1/10/2050        220,927      0.00%
     Principal   Financial   Group,   Inc.                  $200,000      3.70%     15/5/2029        220,901      0.00%
     Public  Service   Co. of Colorado                   $200,000      3.60%     15/9/2042        220,722      0.00%
     JPMorgan   Chase  & Co.                    $200,000      4.13%     15/12/2026         220,619      0.00%
     National   Fuel  Gas Co.                    $200,000      4.75%      1/9/2028        220,500      0.00%
     Trinity  Health  Corp.                     $225,000      2.63%     1/12/2040        220,408      0.00%
                                276/362


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     Prologis   Euro  Finance   LLC                  EUR200,000       1.00%      6/2/2035        220,371      0.00%
     Charles   Schwab   Corp.                     $205,000      3.25%     22/5/2029        220,311      0.00%
     Government    National   Mortgage   Association                $208,199      3.00%     20/2/2043        220,268      0.00%
     Georgetown    University                      $154,000      5.22%     1/10/2118        220,212      0.00%
     Constellation     Brands,   Inc.                   $225,000      2.25%      1/8/2031        219,922      0.00%
     Tampa  Electric   Co.                     $200,000      3.45%     15/3/2051        219,864      0.00%
     American   University                       $190,000      3.67%      1/4/2049        219,459      0.00%
     Federal   National   Mortgage   Association                 $199,433      4.00%      1/1/2044        219,415      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $197,732      4.50%     1/12/2040        219,409      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $213,470      2.50%      1/5/2050        219,253      0.00%
     Goldman   Sachs  Group,   Inc.＾                   $225,000      1.09%     9/12/2026        219,217      0.00%
     Transcontinental      Gas  Pipe  Line  Co. LLC              $200,000      4.00%     15/3/2028        219,202      0.00%
     Federal   National   Mortgage   Association                 $203,164      3.50%     1/11/2044        219,199      0.00%
     Public  Service   Co. of Colorado                   $150,000      6.25%      1/9/2037        219,055      0.00%
     Government    National   Mortgage   Association                $209,380      3.00%     20/2/2047        218,851      0.00%
     United  Parcel  Service,   Inc.                   $200,000      3.40%     15/3/2029        218,638      0.00%
     Intercontinental     Exchange,    Inc.                 $175,000      4.25%     21/9/2048        218,509      0.00%
     City  of Hope                        $175,000      4.38%     15/8/2048        218,459      0.00%
     Morgan   Stanley＾                        $200,000      3.62%      1/4/2031        218,170      0.00%
     Keurig  Dr Pepper,   Inc.                    $200,000      4.42%     25/5/2025        217,975      0.00%
     Hyatt  Hotels  Corp.                      $200,000      4.85%     15/3/2026        217,769      0.00%
     Highwoods    Realty  LP                    $200,000      3.88%      1/3/2027        217,748      0.00%
     BlackRock,    Inc.                      $200,000      3.25%     30/4/2029        217,743      0.00%
     Carmax   Auto  Owner  Trust  2018                 $216,197      3.36%     15/9/2023        217,690      0.00%
     Fifth  Third  Bank  NA                     $200,000      3.95%     28/7/2025        217,654      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $204,248      3.50%      1/9/2035        217,650      0.00%
     Union  Electric   Co.                     $200,000      3.50%     15/3/2029        217,423      0.00%
     Southern   Co.                       $200,000      3.70%     30/4/2030        217,388      0.00%
     NRG  Energy,   Inc.                      $208,000      3.75%     15/6/2024        217,346      0.00%
     Time  Warner   Entertainment     Co. LP               $200,000      8.38%     15/3/2023        217,285      0.00%
     Federal   National   Mortgage   Association                 $202,601      3.50%      1/4/2047        217,266      0.00%
     Healthcare    Trust  of America   Holdings   LP              $200,000      3.75%      1/7/2027        217,224      0.00%
     Appalachian    Power  Co.                    $200,000      3.70%      1/5/2050        217,154      0.00%
     Federal   National   Mortgage   Association                 $197,188      4.50%      1/9/2039        217,125      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     JPMCC   Commercial    Mortgage   Securities   Trust  2017           $200,000      3.72%     15/3/2050        217,111      0.00%

     Citrix  Systems,   Inc.                     $200,000      4.50%     1/12/2027        217,036      0.00%
     National   Retail  Properties,    Inc.                 $200,000      4.00%     15/11/2025         216,994      0.00%
     Southern   California   Edison  Co.                 $200,000      3.65%      1/6/2051        216,930      0.00%
     Government    National   Mortgage   Association                $195,038      4.50%     20/9/2040        216,878      0.00%
     Federal   National   Mortgage   Association                 $198,998      4.00%     1/12/2042        216,871      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2017             $200,000      3.64%     15/3/2050        216,828      0.00%
     Ecolab,   Inc.                        $200,000      3.25%     1/12/2027        216,796      0.00%
     Entergy   Corp.                       $200,000      3.75%     15/6/2050        216,788      0.00%
     Mylan,  Inc.                        $175,000      5.20%     15/4/2048        216,715      0.00%
     Charlotte-Mecklenburg        Hospital   Authority               $200,000      3.20%     15/1/2051        216,658      0.00%
     Starbucks   Corp.                       $200,000      3.50%      1/3/2028        216,629      0.00%
     Federal   National   Mortgage   Association                 $202,788      3.50%      1/4/2045        216,539      0.00%
     Jabil,  Inc.                        $200,000      3.60%     15/1/2030        216,469      0.00%
                                277/362


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     Mid-America    Apartments    LP                  $200,000      3.60%      1/6/2027        216,418      0.00%
     JPMorgan   Chase  & Co.                    $200,000      3.90%     15/7/2025        216,409      0.00%
     Duke  Energy   Progress   LLC                   $200,000      3.45%     15/3/2029        216,320      0.00%
     Federal   National   Mortgage   Association                 $200,223      4.00%     1/10/2033        216,292      0.00%
     Government    National   Mortgage   Association                $204,907      3.00%     20/9/2043        216,262      0.00%
     Federal   National   Mortgage   Association                 $150,000      7.25%     15/5/2030        216,206      0.00%
     Kimberly-Clark     Corp.                     $200,000      3.20%     25/4/2029        215,776      0.00%
     Packaging    Corp.  of America                    $200,000      3.40%     15/12/2027         215,619      0.00%
     Old Republic   International    Corp.                 $200,000      3.85%     11/6/2051        215,559      0.00%
     Energy   Transfer   LP                     $200,000      3.90%     15/7/2026        215,532      0.00%
     CNA  Financial   Corp.                     $200,000      3.45%     15/8/2027        215,458      0.00%
     Tyson  Foods,  Inc.                      $200,000      3.55%      2/6/2027        215,436      0.00%
     Walt  Disney  Co.                      $200,000      3.70%     15/10/2025         215,376      0.00%
     Crown  Castle  International    Corp.                 $200,000      3.65%      1/9/2027        215,333      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2017             $200,000      3.42%     15/9/2050        215,301      0.00%
     NiSource,   Inc.                       $200,000      3.49%     15/5/2027        215,085      0.00%
     Tennessee    Valley    Authority                    $150,000      4.25%     15/9/2065        215,077      0.00%
     Citigroup   Commercial    Mortgage   Trust  2017             $200,000      3.47%     12/10/2050         215,053      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2017         $200,000      3.85%     15/5/2050        215,035      0.00%
     Federal   National   Mortgage   Association                 $200,016      3.50%      1/9/2044        214,752      0.00%
     Duke  Energy   Florida   LLC                   $150,000      6.35%     15/9/2037        214,750      0.00%
     American   Water  Capital   Corp.                  $200,000      3.45%      1/5/2050        214,708      0.00%
     Westlake   Chemical   Corp.                    $200,000      3.60%     15/8/2026        214,654      0.00%
     L3Harris   Technologies,     Inc.                  $225,000      1.80%     15/1/2031        214,640      0.00%
     Federal   National   Mortgage   Association＾                 $200,000      2.96%     25/9/2027        214,628      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $200,000      3.12%     25/9/2026        214,360      0.00%
     Federal   National   Mortgage   Association                 $205,000      2.63%      6/9/2024        214,328      0.00%
     UBS  Commercial    Mortgage   Trust  2017               $200,000      3.43%     15/8/2050        214,242      0.00%
     Xylem,   Inc.                        $200,000      3.25%     1/11/2026        214,229      0.00%
     Public  Service   Electric   & Gas Co.                $210,000      2.45%     15/1/2030        214,192      0.00%
     Cottage   Health  Obligated   Group                  $200,000      3.30%     1/11/2049        214,169      0.00%
     Rady  Children's    Hospital-San    Diego                $200,000      3.15%     15/8/2051        214,111      0.00%
     Amphenol   Corp.                       $210,000      2.05%      1/3/2025        214,102      0.00%
     UBS  Commercial    Mortgage   Trust  2017               $200,000      3.72%     15/6/2050        214,054      0.00%
     American   Campus   Communities    Operating    Partnership    LP        $200,000      3.63%     15/11/2027         213,930      0.00%
     Cantor   Fitzgerald    LP                    $200,000      4.88%      1/5/2024        213,818      0.00%
     Waste  Management,     Inc.                   $200,000      3.15%     15/11/2027         213,750      0.00%
     Kansas   City  Southern                      $200,000      3.50%      1/5/2050        213,651      0.00%
     Expedia   Group,   Inc.                     $200,000      4.50%     15/8/2024        213,562      0.00%
     Simon  Property   Group  LP                   $200,000      3.50%      1/9/2025        213,341      0.00%
     New  York  Life Global  Funding                   $200,000      3.00%     10/1/2028        213,304      0.00%
     CCRE26   Commercial    Mortgage   Trust  2015              $200,000      3.63%     10/10/2048         213,135      0.00%
     Cisco  Systems,   Inc.                     $200,000      2.95%     28/2/2026        213,045      0.00%
     PC1  Commercial    Mortgage   Trust  2015               $200,000      3.90%     10/7/2050        213,010      0.00%
     Wells  Fargo  & Co.                     $200,000      4.48%     16/1/2024        212,975      0.00%
     Walgreens    Boots  Alliance,   Inc.                 $200,000      3.80%     18/11/2024         212,963      0.00%
     Government    National   Mortgage   Association                $201,322      4.50%     20/1/2049        212,900      0.00%
     Union  Pacific  Corp.                      $200,000      3.20%     20/5/2041        212,875      0.00%
     Sherwin-Williams      Co.                     $200,000      3.45%      1/8/2025        212,873      0.00%
     Union  Electric   Co.                     $200,000      3.25%     1/10/2049        212,719      0.00%
     WP Carey,  Inc.                      $200,000      4.60%      1/4/2024        212,607      0.00%
     Lazard  Group  LLC                     $200,000      3.75%     13/2/2025        212,506      0.00%
                                278/362

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     Appalachian    Power  Co.                    $175,000      4.50%      1/3/2049        212,447      0.00%
     Hashemite    Kingdom   of Jordan  Government    AID  Bond          $200,000      3.00%     30/6/2025        212,116      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $204,952      2.50%     1/11/2035        212,042      0.00%
     Bank  of New  York  Mellon  Corp.                  $200,000      3.00%     30/10/2028         211,986      0.00%
     Ventas   Realty  LP                     $200,000      3.25%     15/10/2026         211,783      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Marsh  & McLennan    Cos,  Inc.                  $200,000      3.88%     15/3/2024        211,664      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $200,000      3.21%     25/3/2025        211,493      0.00%
     BlackRock,    Inc.                      $200,000      3.50%     18/3/2024        211,466      0.00%
     Dover  Corp.                        $200,000      3.15%     15/11/2025         211,434      0.00%
     John  Deere  Capital   Corp.                    $200,000      3.35%     12/6/2024        211,390      0.00%
     Blackstone    Holdings   Finance   Co. LLC               $200,000      3.15%     2/10/2027        211,339      0.00%
     Textron,   Inc.                       $200,000      3.38%      1/3/2028        211,319      0.00%
     Bunge  Ltd.  Finance   Corp.                    $200,000      3.25%     15/8/2026        211,207      0.00%
     Federal   National   Mortgage   Association                 $203,626      3.00%     1/11/2050        210,931      0.00%
     Transcontinental      Gas  Pipe  Line  Co. LLC              $200,000      3.25%     15/5/2030        210,892      0.00%
     Ally  Financial,   Inc.                     $200,000      3.88%     21/5/2024        210,803      0.00%
     PepsiCo,   Inc.                       $200,000      3.60%      1/3/2024        210,669      0.00%
     Bank  of New  York  Mellon  Corp.                  $200,000      3.25%     11/9/2024        210,653      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $203,074      2.50%     1/10/2030        210,557      0.00%
     Walmart,   Inc.                       $175,000      3.95%     28/6/2038        210,534      0.00%
     Alexandria    Real  Estate  Equities,   Inc.               $190,000      3.95%     15/1/2028        210,489      0.00%
     Ecolab,   Inc.                        $200,000      2.70%     1/11/2026        210,423      0.00%
     Norfolk   Southern   Corp.                    $206,000      3.16%     15/5/2055        210,363      0.00%
     Fox Corp.                         $195,000      3.50%      8/4/2030        210,332      0.00%
     American   Water  Capital   Corp.                  $175,000      4.20%      1/9/2048        210,273      0.00%
     Great  Lakes  Water  Authority   Sewage   Disposal   System   Revenue        $200,000      3.06%      1/7/2039        210,220      0.00%
     Government    National   Mortgage   Association                $200,350      3.00%     20/6/2045        210,171      0.00%
     Citigroup   Commercial    Mortgage   Trust  2017              $200,000      3.21%     12/10/2050         210,125      0.00%
     AbbVie,   Inc.                       $175,000      4.25%     21/11/2049         210,103      0.00%
     Dominion   Energy,   Inc.                    $200,000      3.30%     15/3/2025        209,822      0.00%
     Fox Corp.                         $200,000      3.05%      7/4/2025        209,774      0.00%
     Florida   Power  & Light  Co.                   $150,000      5.95%      1/2/2038        209,675      0.00%
     American   Express   Co.                    $200,000      3.00%     30/10/2024         209,648      0.00%
     Willis  North  America,   Inc.                   $200,000      3.60%     15/5/2024        209,603      0.00%
     General   Mills,  Inc.                     $200,000      3.65%     15/2/2024        209,579      0.00%
     CSX  Corp.                         $150,000      6.15%      1/5/2037        209,525      0.00%
     Walmart,   Inc.                       $200,000      2.65%     15/12/2024         209,414      0.00%
     Lincoln   National   Corp.                     $150,000      6.30%     9/10/2037        209,368      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $216,394      1.50%      1/7/2051        209,362      0.00%
     Honeywell    International,     Inc.                  $200,000      2.50%     1/11/2026        209,323      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $200,000      2.57%     25/7/2026        209,312      0.00%
     Federal   National   Mortgage   Association                 $185,011      5.50%     1/11/2034        209,256      0.00%
     Entergy   Mississippi    LLC                    $200,000      2.85%      1/6/2028        209,218      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $189,782      4.50%      1/5/2041        209,148      0.00%
     Union  Pacific  Corp.                      $200,000      3.15%      1/3/2024        209,028      0.00%
     Federal   National   Mortgage   Association                 $189,752      4.50%      1/7/2050        208,942      0.00%
     Government    National   Mortgage   Association                $195,564      3.50%     15/9/2041        208,879      0.00%
     Toyota   Motor  Credit  Corp.                   $200,000      3.45%     20/9/2023        208,831      0.00%
     United  Airlines   2019-2  Class  AA Pass  Through   Trust           $210,505      2.70%      1/5/2032        208,786      0.00%
                                279/362


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     CMS  Energy   Corp.                      $200,000      3.00%     15/5/2026        208,748      0.00%
     Dominion   Energy,   Inc.                    $200,000      2.85%     15/8/2026        208,736      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2016         $200,000      3.10%     15/11/2049         208,676      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $194,958      3.50%     1/11/2044        208,644      0.00%
     Dow  Chemical   Co.                     $116,000      9.40%     15/5/2039        208,491      0.00%
     Kimco  Realty  Corp.                      $200,000      2.80%     1/10/2026        208,356      0.00%
     JP Morgan   Chase  Commercial    Mortgage   Securities   Trust  2016       $200,000      2.87%     15/8/2049        208,306      0.00%
     Keysight   Technologies,     Inc.                  $200,000      3.00%     30/10/2029         208,203      0.00%
     AES  Corp.                         $200,000      3.30%     15/7/2025        208,166      0.00%
     Pfizer,  Inc.                        $175,000      4.10%     15/9/2038        208,165      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $188,867      4.50%      1/7/2040        208,100      0.00%
     Allstate   Corp.＾                        $200,000      5.75%     15/8/2053        208,018      0.00%
     Welltower,    Inc.                       $193,000      4.00%      1/6/2025        207,997      0.00%
     American   Tower  Corp.                     $200,000      2.95%     15/1/2025        207,975      0.00%
     New  York  Life Global  Funding                   $200,000      2.88%     10/4/2024        207,960      0.00%
     Equinix,   Inc.                       $200,000      2.90%     18/11/2026         207,932      0.00%
     Federal   National   Mortgage   Association＾                 $200,000      2.45%     25/9/2026        207,865      0.00%
     UnitedHealth     Group,   Inc.                   $200,000      3.50%     15/6/2023        207,773      0.00%
     Federal   National   Mortgage   Association                 $190,982      4.50%     1/10/2046        207,771      0.00%
     Union  Pacific  Corp.                      $175,000      3.95%     15/8/2059        207,739      0.00%
     M&T  Bank  Corp.                       $200,000      3.55%     26/7/2023        207,645      0.00%
     Waste  Management,     Inc.                   $200,000      2.95%      1/6/2041        207,640      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $196,558      3.50%      1/8/2048        207,550      0.00%
     John  Deere  Capital   Corp.                    $200,000      3.45%      7/6/2023        207,513      0.00%
     Dominion   Energy,   Inc.                    $200,000      3.30%     15/4/2041        207,453      0.00%
     Federal   National   Mortgage   Association＾                 $200,000      2.37%     25/7/2026        206,875      0.00%
     Federal   National   Mortgage   Association＾                 $191,051      3.06%     25/3/2028        206,704      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Boeing  Co.                        $200,000      2.85%     30/10/2024         206,567      0.00%
     Walt  Disney  Co.                      $150,000      5.40%     1/10/2043        206,505      0.00%
     BP Capital   Markets   America,   Inc.                $200,000      3.38%      8/2/2061        206,421      0.00%
     Government    National   Mortgage   Association                $197,471      3.00%     20/7/2046        206,403      0.00%
     Campbell   Soup  Co.                     $165,000      4.80%     15/3/2048        206,275      0.00%
     DTE  Energy   Co.                      $200,000      2.53%     1/10/2024        206,176      0.00%
     Aviation   Capital   Group  LLC                  $200,000      3.88%      1/5/2023        206,009      0.00%
     Public  Service   Electric   & Gas Co.                $200,000      3.00%      1/3/2051        205,987      0.00%
     Port  Authority   of New  York  & New  Jersey               $150,000      4.81%     15/10/2065         205,862      0.00%
     Flex  Intermediate    Holdco   LLC                  $200,000      4.32%     30/12/2039         205,816      0.00%
     VF Corp.                         $200,000      2.40%     23/4/2025        205,632      0.00%
     Federal   National   Mortgage   Association                 $199,263      2.50%      1/1/2043        205,573      0.00%
     Air Lease  Corp.                       $200,000      3.00%     15/9/2023        205,353      0.00%
     Toyota   Motor  Credit  Corp.                   $200,000      2.25%     18/10/2023         205,097      0.00%
     Athene   Global  Funding                     $200,000      2.80%     26/5/2023        205,075      0.00%
     Starbucks   Corp.                       $200,000      3.10%      1/3/2023        205,072      0.00%
     Citibank   Credit  Card  Issuance   Trust                $200,000      3.21%     7/12/2024        204,918      0.00%
     MassMutual    Global  Funding   II                 $200,000      2.35%     14/1/2027        204,916      0.00%
     Altria  Group,   Inc.                      $200,000      2.35%      6/5/2025        204,901      0.00%
     Gilead  Sciences,   Inc.                     $200,000      2.50%      1/9/2023        204,853      0.00%
     FedEx  Corp.                        $200,000      3.25%     15/5/2041        204,702      0.00%
     Intel  Corp.                         $195,000      2.60%     19/5/2026        204,696      0.00%
                                280/362


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     Federal   Home  Loan  Mortgage   Corp.                $195,185      3.00%      1/5/2031        204,642      0.00%
     Enterprise    Products   Operating    LLC＾                $200,000      5.25%     16/8/2077        204,565      0.00%
     Federal   National   Mortgage   Association                 $190,209      4.00%      1/8/2031        204,490      0.00%
     Federal   National   Mortgage   Association                 $178,677      6.00%      1/3/2034        204,383      0.00%
     AmFam   Holdings,   Inc.                    $200,000      2.81%     11/3/2031        204,352      0.00%
     Government    National   Mortgage   Association                $183,781      4.50%     20/11/2039         204,310      0.00%
     Golden   State  Tobacco   Securitization     Corp.              $200,000      3.00%      1/6/2046        204,288      0.00%
     Ventas   Canada   Finance   Ltd.                 CA($)255,000        2.55%     15/3/2023        204,258      0.00%
     Union  Pacific  Corp.                      $200,000      2.38%     20/5/2031        204,223      0.00%
     FMC  Corp.                        $170,000      4.50%     1/10/2049        204,184      0.00%
     Golden   State  Tobacco   Securitization     Corp.              $200,000      3.85%      1/6/2050        203,958      0.00%
     Anthem,   Inc.                       $195,000      2.88%     15/9/2029        203,956      0.00%
     Otis  Worldwide    Corp.                     $200,000      2.29%      5/4/2027        203,929      0.00%
     Golden   State  Tobacco   Securitization     Corp.              $200,000      3.29%      1/6/2042        203,877      0.00%
     Pacific  Gas  & Electric   Co.                   $200,000      4.45%     15/4/2042        203,862      0.00%
     Laboratory    Corp.  of America   Holdings                 $200,000      2.70%      1/6/2031        203,842      0.00%
     Air Products   & Chemicals,    Inc.                 $200,000      2.80%     15/5/2050        203,787      0.00%
     TJX  Cos,  Inc.                       $200,000      2.50%     15/5/2023        203,726      0.00%
     Procter   & Gamble   Co.                    $169,000      3.50%     25/10/2047         203,648      0.00%
     Kohl's  Corp.                        $200,000      3.38%      1/5/2031        203,590      0.00%
     University    of Notre  Dame  du Lac                 $175,000      3.44%     15/2/2045        203,513      0.00%
     Tennessee    Valley    Authority                    $125,000      5.38%      1/4/2056        203,447      0.00%
     3M Co.                         $200,000      2.25%     15/3/2023        203,383      0.00%
     Golden   State  Tobacco   Securitization     Corp.              $200,000      3.49%      1/6/2036        203,326      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $193,718      3.00%      1/3/2033        203,303      0.00%
     Huntsman    International    LLC                  $200,000      2.95%     15/6/2031        203,266      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $175,000      3.79%     25/1/2034        203,252      0.00%
     Altria  Group,   Inc.                      $200,000      4.25%      9/8/2042        203,188      0.00%
     Massachusetts     Water  Resources    Authority               $200,000      2.82%      1/8/2041        202,968      0.00%
     Duke  Energy   Carolinas   LLC                  $175,000      3.95%     15/3/2048        202,916      0.00%
     Government    National   Mortgage   Association                $192,162      3.00%     20/6/2043        202,810      0.00%
     Entergy   Corp.                       $200,000      2.80%     15/6/2030        202,753      0.00%
     CNH  Industrial   Capital   LLC                  $200,000      1.95%      2/7/2023        202,613      0.00%
     Kaiser  Foundation    Hospitals                    $190,000      3.15%      1/5/2027        202,549      0.00%
     Emory  University                        $200,000      2.14%      1/9/2030        202,473      0.00%
     CenterPoint    Energy,   Inc.                   $200,000      2.65%      1/6/2031        202,395      0.00%
     Tampa  Electric   Co.                     $200,000      2.40%     15/3/2031        202,235      0.00%
     Cleveland   Electric   Illuminating    Co.                $150,000      5.95%     15/12/2036         202,106      0.00%
     TJX  Cos,  Inc.                       $180,000      3.88%     15/4/2030        202,071      0.00%
     Ameren   Illinois  Co.                     $200,000      2.90%     15/6/2051        202,030      0.00%
     Baker  Hughes   Holdings   LLC/Baker    Hughes   Co.-Obligor,    Inc.       $200,000      2.06%     15/12/2026         201,950      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $191,112      3.00%     1/12/2042        201,901      0.00%
     Marsh  & McLennan    Cos,  Inc.                  $200,000      2.38%     15/12/2031         201,887      0.00%
     Apollo  Management    Holdings   LP                $200,000      2.65%      5/6/2030        201,809      0.00%
     Marriott   International,     Inc.                   $200,000      2.13%     3/10/2022        201,740      0.00%
     Novant   Health,   Inc.                     $200,000      2.64%     1/11/2036        201,657      0.00%
     Air Products   & Chemicals,    Inc.                 $200,000      2.70%     15/5/2040        201,613      0.00%
     Northern   States  Power  Co.                   $200,000      2.25%      1/4/2031        201,510      0.00%
     Lincoln   National   Corp.                     $200,000      4.20%     15/3/2022        201,500      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
                                281/362


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     Indiana   University    Health,   Inc. Obligated   Group             $200,000      2.85%     1/11/2051        201,465      0.00%
     American   Tower  Corp.                     $200,000      2.70%     15/4/2031        201,458      0.00%
     State  of Oregon   Department    of Transportation                $150,000      5.83%     15/11/2034         201,437      0.00%
     Government    National   Mortgage   Association                $189,093      3.50%     20/5/2032        201,407      0.00%
     University    of California                      $200,000      3.07%     15/5/2051        201,382      0.00%
     Burlington    Northern   Santa  Fe LLC                $200,000      2.88%     15/6/2052        201,367      0.00%
     Southern   California   Edison  Co.                 $200,000      2.50%      1/6/2031        201,253      0.00%
     Athene   Holding   Ltd.                     $200,000      3.45%     15/5/2052        201,246      0.00%
     Athene   Global  Funding                     $200,000      2.50%     24/3/2028        201,185      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $193,944      2.50%     1/11/2030        201,091      0.00%
     CBRE  Services,   Inc.                     $200,000      2.50%      1/4/2031        201,085      0.00%
     Energy   Transfer   LP                     $175,000      5.25%     15/4/2029        201,059      0.00%
     Government    National   Mortgage   Association                $192,277      3.00%     20/4/2046        200,974      0.00%
     Philip  Morris  International,     Inc.                 $200,000      1.13%      1/5/2023        200,930      0.00%
     National   Fuel  Gas Co.                    $200,000      2.95%      1/3/2031        200,923      0.00%
     Archer-Daniels-Midland        Co.                  $200,000      2.70%     15/9/2051        200,912      0.00%
     Baker  Hughes   Holdings   LLC/Baker    Hughes   Co.-Obligor,    Inc.       $200,000      1.23%     15/12/2023         200,887      0.00%
     Teledyne   FLIR  LLC                     $200,000      2.50%      1/8/2030        200,779      0.00%
     Baltimore   Gas & Electric   Co.                  $200,000      2.25%     15/6/2031        200,728      0.00%
     Philip  Morris  International,     Inc.                 $200,000      1.50%      1/5/2025        200,659      0.00%
     Public  Storage                        $200,000      2.25%     9/11/2031        200,633      0.00%
     Federal   National   Mortgage   Association                 $187,363      4.50%      1/9/2048        200,558      0.00%
     Public  Service   Co. of New  Hampshire                  $200,000      2.20%     15/6/2031        200,521      0.00%
     Duke  Energy   Progress   LLC                   $200,000      2.90%     15/8/2051        200,496      0.00%
     Republic   Services,   Inc.                    $200,000      2.30%      1/3/2030        200,358      0.00%
     Illumina,   Inc.                       $200,000      2.55%     23/3/2031        200,312      0.00%
     Dallas  Fort  Worth  International    Airport                $200,000      2.84%     1/11/2046        200,294      0.00%
     Golden   State  Tobacco   Securitization     Corp.              $200,000      4.21%      1/6/2050        200,274      0.00%
     Pennsylvania    State  University                    $200,000      2.84%      1/9/2050        200,228      0.00%
     Assurant,   Inc.                       $175,000      4.90%     27/3/2028        200,155      0.00%
     American   Water  Capital   Corp.                  $200,000      2.30%      1/6/2031        200,114      0.00%
     Entergy   Louisiana   LLC                    $175,000      4.00%     15/3/2033        200,092      0.00%
     PACCAR   Financial   Corp.                    $200,000      0.80%      8/6/2023        199,981      0.00%
     Public  Storage                        $200,000      1.50%     9/11/2026        199,963      0.00%
     Lazard  Group  LLC                      $175,000      4.50%     19/9/2028        199,939      0.00%
     Marsh  & McLennan    Cos,  Inc.                  $200,000      2.90%     15/12/2051         199,936      0.00%
     Federal   National   Mortgage   Association                 $185,229      4.00%      1/5/2046        199,864      0.00%
     Energy   Transfer   LP                     $190,000      4.25%      1/4/2024        199,797      0.00%
     Cedars-Sinai    Health  System                    $200,000      2.29%     15/8/2031        199,779      0.00%
     Golden   State  Tobacco   Securitization     Corp.              $200,000      3.71%      1/6/2041        199,758      0.00%
     Valero  Energy   Corp.                     $200,000      2.15%     15/9/2027        199,710      0.00%
     Public  Storage                        $200,000      1.95%     9/11/2028        199,687      0.00%
     Eastern   Energy   Gas Holdings   LLC                $188,000      3.60%     15/12/2024         199,684      0.00%
     Los Angeles   Community    College   District               $200,000      2.11%      1/8/2032        199,595      0.00%
     Piedmont   Natural   Gas Co.,  Inc.                 $200,000      2.50%     15/3/2031        199,590      0.00%
     ONE  Gas,  Inc.                       $200,000      0.85%     11/3/2023        199,581      0.00%
     Bain  Capital   Specialty   Finance,   Inc.                $200,000      2.95%     10/3/2026        199,541      0.00%
     Valero  Energy   Corp.                     $200,000      2.80%     1/12/2031        199,452      0.00%
     General   Motors   Financial   Co.,  Inc.                $200,000      2.40%     15/10/2028         199,438      0.00%
     Hormel   Foods  Corp.                     $200,000      1.70%      3/6/2028        199,429      0.00%
     AmerisourceBergen       Corp.                    $175,000      4.25%      1/3/2045        199,418      0.00%
     Anthem,   Inc.                       $200,000      0.45%     15/3/2023        199,364      0.00%
                                282/362

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     Protective    Life Global  Funding                   $200,000      0.50%     12/4/2023        199,328      0.00%
     Government    National   Mortgage   Association                $177,227      4.50%     15/8/2039        199,306      0.00%
     Golden   State  Tobacco   Securitization     Corp.              $200,000      2.75%      1/6/2034        199,243      0.00%
     Equitable   Financial   Life Global  Funding                $200,000      0.50%      6/4/2023        199,114      0.00%
     Illumina,   Inc.                       $200,000      0.55%     23/3/2023        199,002      0.00%
     Nissan  Motor  Acceptance    Co. LLC                $200,000      2.75%      9/3/2028        198,903      0.00%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $190,000      3.60%     1/11/2024        198,746      0.00%
     Highmark,    Inc.                       $200,000      2.55%     10/5/2031        198,630      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $200,000      1.64%     25/1/2030        198,597      0.00%
     Consolidated     Edison,   Inc.                   $200,000      0.65%     1/12/2023        198,481      0.00%
     American   Tower  Corp.                     $200,000      1.60%     15/4/2026        198,459      0.00%
     Brighthouse    Financial,   Inc.                   $200,000      3.85%     22/12/2051         198,438      0.00%
     Ecolab,   Inc.                        $200,000      2.13%      1/2/2032        198,435      0.00%
     ONE  Gas,  Inc.                       $200,000      1.10%     11/3/2024        198,407      0.00%
     Texas  Transportation     Commission                   $200,000      2.56%      1/4/2042        198,383      0.00%
     Johns  Hopkins   University                     $150,000      4.08%      1/7/2053        198,368      0.00%
     Government    National   Mortgage   Association                $185,647      3.50%     15/2/2042        198,291      0.00%
     Mississippi    Power  Co.                    $200,000      3.10%     30/7/2051        198,286      0.00%
     Los Angeles   Community    College   District               $200,000      1.81%      1/8/2030        198,230      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Citizens   Financial   Group,   Inc.                $200,000      2.64%     30/9/2032         198,218       0.00%
     Government    National   Mortgage   Association              $183,058      4.00%     20/2/2045         198,199       0.00%
     Skyworks   Solutions,   Inc.                  $200,000      1.80%      1/6/2026        198,105       0.00%
     Johnson   Controls   International    plc               $183,000      3.90%     14/2/2026         198,085       0.00%
     Western   Union  Co.                    $200,000      2.75%     15/3/2031         198,072       0.00%
     Government    National   Mortgage   Association              $188,773      3.00%     20/11/2045         198,026       0.00%
     Texas  Instruments,    Inc.                   $200,000      1.13%     15/9/2026         198,003       0.00%
     Dominion   Energy,   Inc.                   $200,000      1.45%     15/4/2026         197,992       0.00%
     Cargill,   Inc.                      $200,000      0.40%      2/2/2024        197,963       0.00%
     UnitedHealth     Group,   Inc.                  $200,000      1.15%     15/5/2026         197,944       0.00%
     Laboratory    Corp.  of America   Holdings               $200,000      1.55%      1/6/2026        197,925       0.00%
     Fifth  Third  Bancorp＾                     $200,000      1.71%     1/11/2027         197,786       0.00%
     Federal   National   Mortgage   Association                $181,866      5.00%      1/9/2048        197,761       0.00%
     International    Business   Machines   Corp.              $150,000      5.88%     29/11/2032         197,739       0.00%
     Federal   National   Mortgage   Association                $188,513      3.00%      1/9/2046        197,728       0.00%
     Lear  Corp.                       $200,000      3.55%     15/1/2052         197,704       0.00%
     Caterpillar    Financial   Services   Corp.               $200,000      0.60%     13/9/2024         197,566       0.00%
     Alabama   Power  Co.                    $185,000      3.45%     1/10/2049         197,511       0.00%
     Caterpillar    Financial   Services   Corp.               $200,000      1.15%     14/9/2026         197,406       0.00%
     Corning,   Inc.                      $150,000      5.45%     15/11/2079         197,398       0.00%
     PACCAR   Financial   Corp.                   $200,000      0.35%      2/2/2024        197,396       0.00%
     Equinix,   Inc.                      $200,000      1.80%     15/7/2027         197,380       0.00%
     Essential   Properties    LP                  $200,000      2.95%     15/7/2031         197,328       0.00%
     Brunswick    Corp.                     $200,000      0.85%     18/8/2024         197,229       0.00%
     Federal   National   Mortgage   Association                $185,868      3.50%      1/6/2031        197,209       0.00%
     Union  Electric   Co.                    $200,000      2.15%     15/3/2032         197,180       0.00%
     Toyota   Motor  Credit  Corp.                  $200,000      1.13%     18/6/2026         197,135       0.00%
     American   Tower  Corp.                   $200,000      1.30%     15/9/2025         197,063       0.00%
     Lear  Corp.                       $200,000      2.60%     15/1/2032         197,018       0.00%
     Puget  Energy,   Inc.                    $200,000      2.38%     15/6/2028         196,991       0.00%
                                283/362


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     Federal   Home  Loan  Mortgage   Corp.               $189,712      3.00%      1/3/2050        196,961       0.00%
     Agree  LP                       $200,000      2.60%     15/6/2033         196,845       0.00%
     Kilroy  Realty  LP                     $190,000      3.05%     15/2/2030         196,839       0.00%
     Yale  University                       $200,000      2.40%     15/4/2050         196,725       0.00%
     CenterPoint    Energy,   Inc.                  $200,000      1.45%      1/6/2026        196,667       0.00%
     John  Deere  Capital   Corp.                   $200,000      1.05%     17/6/2026         196,641       0.00%
     Agree  LP                       $200,000      2.00%     15/6/2028         196,578       0.00%
     Equinix,   Inc.                      $200,000      1.25%     15/7/2025         196,577       0.00%
     CyrusOne    LP/CyrusOne     Finance   Corp.              $190,000      2.90%     15/11/2024         196,532       0.00%
     Rockwell   Automation,    Inc.                  $200,000      2.80%     15/8/2061         196,489       0.00%
     Analog  Devices,   Inc.                   $180,000      3.50%     5/12/2026         196,408       0.00%
     Burlington    Northern   Santa  Fe LLC               $150,000      4.90%      1/4/2044        196,383       0.00%
     Benchmark    2018-B6   Mortgage   Trust               $189,920      4.20%     10/10/2051         196,349       0.00%
     Wisconsin    Electric   Power  Co.                $200,000      1.70%     15/6/2028         196,349       0.00%
     Western   Union  Co.                    $200,000      1.35%     15/3/2026         196,344       0.00%
     Charles   Schwab   Corp.                    $175,000      4.00%      1/2/2029        196,322       0.00%
     Equinix,   Inc.                      $200,000      1.45%     15/5/2026         196,281       0.00%
     Welltower,    Inc.                     $175,000      4.25%     15/4/2028         196,277       0.00%
     Federal   National   Mortgage   Association                $190,703      2.50%     1/10/2046         196,194       0.00%
     MassMutual    Global  Funding   II                $200,000      1.20%     16/7/2026         196,150       0.00%
     Bank  of America   Corp.＾                   $200,000      2.83%     24/10/2051         196,112       0.00%
     Eastern   Gas Transmission     & Storage,   Inc.             $165,000      4.60%     15/12/2044         196,043       0.00%
     CNH  Industrial   Capital   LLC                 $200,000      1.45%     15/7/2026         196,036       0.00%
     Air Lease  Corp.                      $200,000      0.80%     18/8/2024         196,023       0.00%
     Stanley   Black  & Decker,   Inc.                 $150,000      5.20%      1/9/2040        195,935       0.00%
     Mars,  Inc.                       $175,000      3.60%      1/4/2034        195,933       0.00%
     First  American   Financial   Corp.                 $200,000      2.40%     15/8/2031         195,870       0.00%
     PPG  Industries,    Inc.                    $200,000      1.20%     15/3/2026         195,831       0.00%
     Owl  Rock  Capital   Corp.                   $200,000      2.63%     15/1/2027         195,728       0.00%
     Highmark,    Inc.                     $200,000      1.45%     10/5/2026         195,698       0.00%
     Ochsner   LSU  Health  System   of North  Louisiana            $200,000      2.51%     15/5/2031         195,665       0.00%
     Duke  Energy   Progress   LLC                 $200,000      2.00%     15/8/2031         195,537       0.00%
     Federal   National   Mortgage   Association                $173,130      5.50%     1/11/2033         195,529       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $182,872      3.50%      1/1/2046        195,328       0.00%
     Mount  Sinai  Hospitals   Group,   Inc.               $180,000      3.74%      1/7/2049        195,268       0.00%
     Government    National   Mortgage   Association              $176,208      4.50%     15/4/2040         195,218       0.00%
     Essex  Portfolio   LP                    $200,000      1.70%      1/3/2028        195,192       0.00%
     Yale  University                       $200,000      1.48%     15/4/2030         195,160       0.00%
     Rockwell   Automation,    Inc.                  $200,000      1.75%     15/8/2031         194,992       0.00%
     Kimco  Realty  Corp.                    $200,000      2.25%     1/12/2031         194,920       0.00%
     TWDC   Enterprises    18 Corp.                 $165,000      4.13%     1/12/2041         194,907       0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Berry  Global,   Inc.                    $200,000      1.65%     15/1/2027         194,854       0.00%
     Bristol-Myers     Squibb  Co.                  $200,000      1.13%     13/11/2027         194,792       0.00%
     Texas  Transportation     Commission                  $200,000      2.47%     1/10/2044         194,759       0.00%
     Southern   Co.                      $200,000      1.75%     15/3/2028         194,609       0.00%
     American   Tower  Corp.                   $200,000      3.10%     15/6/2050         194,497       0.00%
     Banc  of America   Commercial    Mortgage   Trust  2017          $180,000      3.57%     15/2/2050         194,436       0.00%
     Physicians    Realty  LP                   $175,000      4.30%     15/3/2027         194,328       0.00%
     Global  Payments,    Inc.                   $175,000      4.80%      1/4/2026        194,316       0.00%
                                284/362


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     Cargill,   Inc.                      $200,000      0.75%      2/2/2026        194,160       0.00%
     Clorox  Co.                       $200,000      1.80%     15/5/2030         194,028       0.00%
     Advocate   Health  & Hospitals   Corp.               $175,000      3.39%     15/10/2049         193,982       0.00%
     Dover  Corp.                       $150,000      5.38%      1/3/2041        193,775       0.00%
     Colonial   Pipeline   Co.                   $165,000      4.25%     15/4/2048         193,751       0.00%
     Intercontinental     Exchange,    Inc.                $175,000      3.75%     21/9/2028         193,642       0.00%
     Lear  Corp.                       $175,000      4.25%     15/5/2029         193,428       0.00%
     Air Lease  Corp.                      $200,000      2.10%      1/9/2028        193,413       0.00%
     Federal   National   Mortgage   Association                $186,670      2.50%      1/1/2028        193,371       0.00%
     Fifth  Third  Bancorp                     $175,000      3.95%     14/3/2028         193,231       0.00%
     Federal   National   Mortgage   Association                $175,479      4.50%      1/1/2040        193,221       0.00%
     Westlake   Chemical   Corp.                   $200,000      2.88%     15/8/2041         193,186       0.00%
     Johnson   Controls   International    plc/Tyco   Fire  & Security
                              $200,000      2.00%     16/9/2031         193,168       0.00%
       Finance   SCA
     Israel  Government    AID  Bond                 $175,000      5.50%     26/4/2024         193,127       0.00%
     McCormick    & Co.,  Inc.                   $200,000      0.90%     15/2/2026         193,099       0.00%
     Xcel  Energy,   Inc.                     $175,000      4.00%     15/6/2028         193,070       0.00%
     Westlake   Chemical   Corp.                   $200,000      3.13%     15/8/2051         193,010       0.00%
     Abbott   Laboratories                       $200,000      1.40%     30/6/2030         192,999       0.00%
     Walmart,   Inc.                     GBP100,000       5.25%     28/9/2035         192,965       0.00%
     Brunswick    Corp.                     $200,000      2.40%     18/8/2031         192,798       0.00%
     Piedmont   Natural   Gas Co.,  Inc.                $180,000      3.50%      1/6/2029        192,662       0.00%
     Wyeth  LLC                       $135,000      6.50%      1/2/2034        192,629       0.00%
     Corporate    Office  Properties    LP                $200,000      2.00%     15/1/2029         192,558       0.00%
     Target  Corp.                       $175,000      3.38%     15/4/2029         192,518       0.00%
     County   of Miami-Dade    FL Aviation   Revenue             $175,000      4.28%     1/10/2041         192,482       0.00%
     Westlake   Chemical   Corp.                   $200,000      3.38%     15/8/2061         192,361       0.00%
     Essex  Portfolio   LP                    $182,000      3.50%      1/4/2025        192,255       0.00%
     American   International    Group,   Inc.               $150,000      4.75%      1/4/2048        192,252       0.00%
     Nestle  Holdings,   Inc.                   $200,000      1.00%     15/9/2027         192,089       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $185,254      2.50%      1/3/2037        192,050       0.00%
     Government    National   Mortgage   Association              $177,334      4.00%     20/9/2044         192,002       0.00%
     Sales  Tax Securitization     Corp.                 $150,000      4.79%      1/1/2048        191,990       0.00%
     Fidelity   National   Financial,   Inc.                $200,000      3.20%     17/9/2051         191,927       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $182,942      3.00%      1/6/2029        191,875       0.00%
     Avnet,  Inc.                       $185,000      4.88%     1/12/2022         191,575       0.00%
     New  York  Life Insurance   Co.                 $145,000      5.88%     15/5/2033         191,519       0.00%
     Michigan   Finance   Authority                   $175,000      3.38%     1/12/2040         191,465       0.00%
     FedEx  Corp.                       $150,000      4.95%     17/10/2048         191,340       0.00%
     Cargill,   Inc.                      $145,000      4.76%     23/11/2045         191,278       0.00%
     Cargill,   Inc.                      $200,000      1.70%      2/2/2031        191,205       0.00%
     Federal   National   Mortgage   Association                $170,052      5.00%      1/1/2039        191,164       0.00%
     Devon  Energy   Corp.                    $135,000      7.88%     30/9/2031         190,958       0.00%
     Fortive   Corp.                      $180,000      3.15%     15/6/2026         190,894       0.00%
     Ventas   Realty  LP                    $175,000      3.85%      1/4/2027        190,760       0.00%
     Government    National   Mortgage   Association              $171,405      4.50%     20/1/2040         190,551       0.00%
     UBS  Commercial    Mortgage   Trust  2018              $175,000      3.72%     15/2/2051         190,271       0.00%
     Northern   States  Power  Co.                 $175,000      3.40%     15/8/2042         189,942       0.00%
     Valero  Energy   Corp.                    $160,000      4.90%     15/3/2045         189,899       0.00%
     Federal   National   Mortgage   Association                $180,303      3.50%     1/11/2025         189,831       0.00%
     Pernod   Ricard  International    Finance   LLC             $200,000      1.25%      1/4/2028        189,788       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $175,443      4.50%      1/3/2048        189,776       0.00%
                                285/362

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     SVB  Financial   Group                    $200,000      1.80%      2/2/2031        189,526       0.00%
     Aon  plc                       $175,000      3.88%     15/12/2025         189,368       0.00%
     Federal   National   Mortgage   Association                $177,648      3.50%      1/3/2037        189,298       0.00%
     Consumers    Energy   Co.                   $150,000      4.35%     15/4/2049         189,225       0.00%
     Prologis   LP                      $150,000      4.38%     15/9/2048         189,159       0.00%
     Devon  Energy   Corp.                    $175,000      5.25%     15/9/2024         189,133       0.00%
     CMS  Energy   Corp.                     $150,000      4.88%      1/3/2044        188,839       0.00%
     Government    National   Mortgage   Association              $174,887      4.00%     20/7/2045         188,652       0.00%
     General   Motors   Financial   Co.,  Inc.               $175,000      4.35%      9/4/2025        188,547       0.00%
     Norfolk   Southern   Corp.                   $150,000      4.65%     15/1/2046         188,461       0.00%
     Waste  Management,     Inc.                  $200,000      1.50%     15/3/2031         188,321       0.00%
     Federal   National   Mortgage   Association                $181,169      2.50%      1/5/2032        188,302       0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Dominion   Energy,   Inc.                    $150,000      4.60%     15/3/2049         188,260      0.00%
     Rockwell   Automation,    Inc.                  $150,000      4.20%      1/3/2049        188,154      0.00%
     AvalonBay    Communities,     Inc.                 $175,000      3.35%     15/5/2027         188,065      0.00%
     Estee  Lauder   Cos,  Inc.                    $150,000      4.38%     15/6/2045         188,046      0.00%
     Children's    Health  System   of Texas                $200,000      2.51%     15/8/2050         188,042      0.00%
     Mars,  Inc.                        $150,000      4.13%      1/4/2054        187,983      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $165,061      5.50%      1/1/2040        187,860      0.00%
     Federal   National   Mortgage   Association                 $172,680      4.00%      1/7/2044        187,797      0.00%
     Federal   National   Mortgage   Association＾                 $175,000      2.90%     25/1/2028         187,796      0.00%
     Federal   National   Mortgage   Association                 $180,011      3.00%      1/9/2047        187,741      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $179,310      3.00%      1/4/2035        187,696      0.00%
     Raytheon   Technologies     Corp.                  $133,000      6.13%     15/7/2038         187,672      0.00%
     IHC  Health  Services,   Inc.                   $150,000      4.13%     15/5/2048         187,530      0.00%
     GATX  Corp.                        $175,000      3.50%     15/3/2028         187,466      0.00%
     Manufacturers     & Traders   Trust  Co.               $179,000      2.90%      6/2/2025        187,056      0.00%
     KLA  Corp.                        $175,000      3.30%      1/3/2050        187,037      0.00%
     Government    National   Mortgage   Association               $178,505      3.00%     15/3/2045         187,027      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $182,253      2.00%      1/1/2032        186,841      0.00%
     Martin  Marietta   Materials,   Inc.                 $175,000      4.25%      2/7/2024        186,687      0.00%
     Dominion   Energy,   Inc.＾                    $175,000      5.75%     1/10/2054         186,639      0.00%
     General   Motors   Financial   Co.,  Inc.                $175,000      3.60%     21/6/2030         186,586      0.00%
     Motorola   Solutions,   Inc.                   $165,000      4.60%     23/2/2028         186,464      0.00%
     Federal   National   Mortgage   Association                 $182,618      2.50%     1/11/2049         186,447      0.00%
     Federal   National   Mortgage   Association                 $179,653      3.00%      1/6/2040        186,422      0.00%
     American   Municipal   Power,  Inc.                 $100,000      8.08%     15/2/2050         186,336      0.00%
     Federal   National   Mortgage   Association                 $174,758      3.50%      1/5/2046        186,230      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $171,121      4.00%      1/6/2044        186,177      0.00%
     Nasdaq,   Inc.                       $200,000      1.65%     15/1/2031         186,149      0.00%
     Duke  Energy   Progress   LLC                  $200,000      2.50%     15/8/2050         186,071      0.00%
     Government    National   Mortgage   Association               $173,164      4.50%     20/12/2047         185,891      0.00%
     CSAIL  2015-C3   Commercial    Mortgage   Trust             $175,000      3.72%     15/8/2048         185,863      0.00%
     Simon  Property   Group  LP                  $175,000      3.30%     15/1/2026         185,703      0.00%
     American   Airlines   2019-1  Class  AA Pass  Through   Trust         $183,743      3.15%     15/2/2032         185,586      0.00%
     Precision   Castparts   Corp.                   $150,000      4.38%     15/6/2045         185,567      0.00%
     Whirlpool   Corp.                      $150,000      4.60%     15/5/2050         185,528      0.00%
     HCA,  Inc.                        $150,000      5.13%     15/6/2039         185,512      0.00%
                                286/362


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     University    of Virginia                     $200,000      2.26%      1/9/2050        185,484      0.00%
     District   of Columbia   Water  & Sewer  Authority              $125,000      4.81%     1/10/2114         185,348      0.00%
     Government    National   Mortgage   Association               $167,920      4.50%     20/5/2045         185,267      0.00%
     FMC  Corp.                        $175,000      3.20%     1/10/2026         185,212      0.00%
     AT&T,  Inc.                       $175,000      4.05%     15/12/2023         185,141      0.00%
     Nasdaq,   Inc.                       $200,000      2.50%     21/12/2040         185,128      0.00%
     Sabal  Trail  Transmission     LLC                  $155,000      4.68%      1/5/2038        184,852      0.00%
     Snap-on,   Inc.                       $175,000      3.10%      1/5/2050        184,590      0.00%
     Crane  Co.                        $175,000      4.45%     15/12/2023         184,542      0.00%
     Pfizer,  Inc.                        $150,000      4.30%     15/6/2043         184,479      0.00%
     Children's    Hospital   Corp.                   $150,000      4.12%      1/1/2047        184,447      0.00%
     Johnson   & Johnson                      $150,000      4.38%     5/12/2033         184,380      0.00%
     Government    National   Mortgage   Association               $169,401      4.00%     15/1/2041         184,352      0.00%
     Spectra   Energy   Partners   LP                  $160,000      4.50%     15/3/2045         184,340      0.00%
     Government    National   Mortgage   Association               $165,670      5.00%     15/3/2039         184,229      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $167,226      4.50%     1/11/2039         184,195      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $179,296      2.00%     1/12/2031         183,876      0.00%
     Kinder  Morgan   Energy   Partners   LP               $150,000      5.40%      1/9/2044        183,849      0.00%
     Mylan,  Inc.                       $175,000      4.20%     29/11/2023         183,527      0.00%
     Conoco   Funding   Co.                    $130,000      7.25%     15/10/2031         183,511      0.00%
     Aircastle   Ltd.                       $175,000      4.40%     25/9/2023         183,321      0.00%
     Boston   Properties    LP                    $175,000      3.20%     15/1/2025         183,314      0.00%
     Federal   National   Mortgage   Association                 $172,165      3.50%      1/7/2034        183,265      0.00%
     Trane  Technologies     Global  Holding   Co.,  Ltd.            $175,000      4.25%     15/6/2023         183,171      0.00%
     Realty  Income   Corp.                     $165,000      4.63%     1/11/2025         183,020      0.00%
     JetBlue   2019-1  Class  AA Pass  Through   Trust             $182,930      2.75%     15/5/2032         182,817      0.00%
     Athene   Global  Funding                     $175,000      2.95%     12/11/2026         182,783      0.00%
     Sabal  Trail  Transmission     LLC                  $150,000      4.83%      1/5/2048        182,631      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2016        $177,405      3.27%     15/1/2049         182,616      0.00%
     Johnson   Controls   International    plc                $150,000      4.50%     15/2/2047         182,546      0.00%
     Florida   Power  & Light  Co.                  $150,000      3.99%      1/3/2049        182,430      0.00%
     IDEX  Corp.                        $175,000      3.00%      1/5/2030        182,213      0.00%
     Travelers   Cos,  Inc.                     $150,000      4.05%      7/3/2048        182,207      0.00%
     Government    National   Mortgage   Association               $164,451      4.50%     15/3/2040         182,192      0.00%
     Transcontinental      Gas  Pipe  Line  Co. LLC              $150,000      4.60%     15/3/2048         182,154      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     San Diego  Gas & Electric   Co.                $150,000      4.50%     15/8/2040         182,129       0.00%
     Mars,  Inc.                       $175,000      2.70%      1/4/2025        182,024       0.00%
     Intercontinental     Exchange,    Inc.                $175,000      3.45%     21/9/2023         181,984       0.00%
     Equifax,   Inc.                      $175,000      3.95%     15/6/2023         181,968       0.00%
     ONEOK,   Inc.                      $150,000      5.20%     15/7/2048         181,796       0.00%
     Government    National   Mortgage   Association              $171,778      3.50%     15/4/2048         181,768       0.00%
     Northern   States  Power  Co.                 $125,000      6.20%      1/7/2037        181,493       0.00%
     Government    National   Mortgage   Association              $171,857      3.00%     20/8/2044         181,380       0.00%
     Roper  Technologies,     Inc.                  $175,000      2.95%     15/9/2029         181,286       0.00%
     ManpowerGroup,      Inc.                  EUR150,000       1.75%     22/6/2026         181,143       0.00%
     FMC  Corp.                       $170,000      3.45%     1/10/2029         181,113       0.00%
     Federal   National   Mortgage   Association                $172,906      3.00%     1/12/2048         181,024       0.00%
     Government    National   Mortgage   Association              $162,784      4.50%     20/5/2041         180,885       0.00%
     Duke  Energy   Ohio,  Inc.                  $150,000      4.30%      1/2/2049        180,731       0.00%
                                287/362


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     Connecticut    Light  & Power  Co.                $150,000      4.15%      1/6/2045        180,686       0.00%
     Government    National   Mortgage   Association              $159,706      5.00%     20/9/2041         180,617       0.00%
     Trustees   of Princeton   University                  $125,000      5.70%      1/3/2039        180,397       0.00%
     Crown  Castle  International    Corp.                $175,000      3.15%     15/7/2023         180,314       0.00%
     Ryder  System,   Inc.                    $175,000      2.50%      1/9/2024        180,154       0.00%
     Federal   National   Mortgage   Association                $167,554      4.00%     1/10/2030         180,074       0.00%
     Federal   National   Mortgage   Association                $170,203      3.50%      1/3/2038        180,069       0.00%
     Federal   National   Mortgage   Association                $160,429      5.00%      1/7/2040        180,032       0.00%
     American   Water  Capital   Corp.                 $150,000      4.30%     1/12/2042         179,949       0.00%
     AmerisourceBergen       Corp.                  $175,000      2.80%     15/5/2030         179,922       0.00%
     Roper  Technologies,     Inc.                  $175,000      2.35%     15/9/2024         179,726       0.00%
     Corning,   Inc.                      $150,000      4.38%     15/11/2057         179,596       0.00%
     Travelers   Cos,  Inc.                    $125,000      6.25%     15/6/2037         179,295       0.00%
     Evergy   Kansas   Central,   Inc.                 $150,000      4.25%     1/12/2045         179,161       0.00%
     Host  Hotels  & Resorts   LP                 $175,000      3.38%     15/12/2029         179,004       0.00%
     ViacomCBS,    Inc.                     $125,000      6.88%     30/4/2036         178,990       0.00%
     Booking   Holdings,   Inc.                   $175,000      2.75%     15/3/2023         178,821       0.00%
     Federal   National   Mortgage   Association                $159,390      5.00%      1/7/2041        178,799       0.00%
     United  Parcel  Service,   Inc.                 $175,000      2.50%      1/4/2023        178,625       0.00%
     Virginia   Electric   & Power  Co.                 $175,000      2.75%     15/3/2023         178,352       0.00%
     California   State  University                    $175,000      2.98%     1/11/2051         178,028       0.00%
     Government    National   Mortgage   Association              $168,012      3.50%     20/7/2044         177,857       0.00%
     General   Dynamics   Corp.                   $175,000      1.88%     15/8/2023         177,807       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $163,238      4.00%     1/10/2044         177,600       0.00%
     DTE  Electric   Co.                    $175,000      2.95%      1/3/2050        177,584       0.00%
     Government    National   Mortgage   Association              $165,499      3.50%     20/3/2042         177,577       0.00%
     Brooklyn   Union  Gas Co.                  $150,000      4.49%      4/3/2049        177,521       0.00%
     Federal   National   Mortgage   Association                $168,162      3.50%      1/6/2048        177,515       0.00%
     United  Airlines   2019-1  Class  AA Pass  Through   Trust         $163,891      4.15%     25/8/2031         177,509       0.00%
     Government    National   Mortgage   Association              $163,109      4.00%     15/4/2043         177,504       0.00%
     American   Honda  Finance   Corp.                 $175,000      2.05%     10/1/2023         177,492       0.00%
     Discovery    Communications      LLC                $150,000      4.88%      1/4/2043        177,490       0.00%
     Sysco  Corp.                       $175,000      3.30%     15/2/2050         177,481       0.00%
     Federal   National   Mortgage   Association                $166,588      4.00%      1/9/2049        177,436       0.00%
     Grand  Parkway   Transportation     Corp.               $175,000      3.24%     1/10/2052         177,300       0.00%
     Intel  Corp.                       $170,000      2.88%     11/5/2024         176,950       0.00%
     Federal   National   Mortgage   Association                $169,051      3.00%      1/4/2027        176,881       0.00%
     Federal   National   Mortgage   Association                $168,626      3.00%      1/4/2047        176,522       0.00%
     Wisconsin    Power  & Light  Co.                 $155,000      3.65%      1/4/2050        176,401       0.00%
     Metropolitan    Washington    Airports   Authority   Dulles  Toll
                              $100,000      7.46%     1/10/2046         176,390       0.00%
       Road  Revenue
     Philip  Morris  International,     Inc.                $125,000      6.38%     16/5/2038         176,145       0.00%
     MidAmerican     Energy   Co.                  $150,000      3.95%      1/8/2047        176,038       0.00%
     Government    National   Mortgage   Association              $161,446      4.00%     20/4/2042         175,990       0.00%
     Ohio  Power  Co.                     $150,000      4.15%      1/4/2048        175,851       0.00%
     Allstate   Corp.                      $150,000      3.85%     10/8/2049         175,663       0.00%
     Arizona   Public  Service   Co.                 $150,000      4.50%      1/4/2042        175,537       0.00%
     Government    National   Mortgage   Association              $157,795      4.50%     20/2/2039         175,421       0.00%
     Leidos,   Inc.                      $165,000      3.63%     15/5/2025         175,172       0.00%
     Alexandria    Real  Estate  Equities,   Inc.              $150,000      4.00%      1/2/2050        174,818       0.00%
     Florida   Power  & Light  Co.                  $130,000      5.65%      1/2/2037        174,603       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $165,681      3.50%     1/11/2025         174,492       0.00%
                                288/362

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     Markel  Corp.                       $150,000      4.15%     17/9/2050         174,457       0.00%
     Air Lease  Corp.                      $170,000      3.25%     1/10/2029         174,427       0.00%
     Adobe,   Inc.                      $170,000      1.90%      1/2/2025        174,160       0.00%
     Verizon   Communications,      Inc.                $183,000      1.68%     30/10/2030         174,053       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $162,895      3.50%      1/9/2045        173,990       0.00%
     Government    National   Mortgage   Association              $156,918      4.50%     15/3/2041         173,846       0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     MetLife,   Inc.                       $125,000      6.38%     15/6/2034        173,811      0.00%
     Mastercard,    Inc.                      $150,000      3.65%      1/6/2049        173,740      0.00%
     International    Flavors   & Fragrances,    Inc.              $148,000      4.38%      1/6/2047        173,624      0.00%
     DTE  Energy   Co.                      $164,000      3.40%     15/6/2029        173,583      0.00%
     Charter   Communications      Operating    LLC/Charter              $175,000
                                      2.80%      1/4/2031        173,514      0.00%
       Communications      Operating    Capital
     Federal   Home  Loan  Mortgage   Corp.                $162,078      3.50%      1/7/2044        173,457      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $172,176      1.71%     25/7/2028        173,365      0.00%
     Xylem,   Inc.                        $175,000      2.25%     30/1/2031        173,291      0.00%
     ERAC  USA  Finance   LLC                    $125,000      6.70%      1/6/2034        173,259      0.00%
     Massachusetts     School  Building   Authority                $125,000      5.72%     15/8/2039        173,210      0.00%
     Federal   National   Mortgage   Association                 $164,385      3.00%      1/8/2042        173,186      0.00%
     New  Jersey  Transportation     Trust  Fund  Authority             $155,000      4.13%     15/6/2042        173,036      0.00%
     Tennessee    Gas Pipeline   Co. LLC                 $170,000      2.90%      1/3/2030        172,970      0.00%
     Equifax,   Inc.                       $165,000      3.10%     15/5/2030        172,932      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $150,000      3.70%     15/5/2050        172,755      0.00%
     Government    National   Mortgage   Association                $158,231      4.00%     20/10/2040         172,682      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $160,000      3.12%     25/6/2027        172,614      0.00%
     Eaton  Corp.                        $150,000      4.00%     2/11/2032        172,581      0.00%
     Connecticut    Light  & Power  Co.                 $170,000      2.50%     15/1/2023        172,479      0.00%
     Cleveland   Electric   Illuminating    Co.                $150,000      4.55%     15/11/2030         172,438      0.00%
     Wells  Fargo  & Co.                    GBP100,000       4.63%     2/11/2035        172,353      0.00%
     Consumers    Energy   Co.                    $150,000      3.95%     15/5/2043        172,286      0.00%
     Air Lease  Corp.                       $170,000      2.25%     15/1/2023        172,161      0.00%
     Abbott   Laboratories                        $125,000      5.30%     27/5/2040        172,036      0.00%
     Adobe,   Inc.                        $170,000      1.70%      1/2/2023        171,915      0.00%
     Los Angeles   Department    of Water  & Power  Power  System
                                $100,000      6.60%      1/7/2050        171,896      0.00%
       Revenue
     Federal   National   Mortgage   Association                 $163,804      3.00%     1/10/2030        171,758      0.00%
     Edison  International                        $150,000      5.75%     15/6/2027        171,557      0.00%
     Dominion   Energy   South  Carolina,   Inc.               $140,000      4.60%     15/6/2043        171,219      0.00%
     Public  Service   Co. of Colorado                   $175,000      1.90%     15/1/2031        171,016      0.00%
     Government    National   Mortgage   Association                $151,182      5.00%     20/11/2041         171,010      0.00%
     Cox  Communications,      Inc.                   $164,000      3.15%     15/8/2024        170,916      0.00%
     Federal   National   Mortgage   Association                 $150,388      6.00%     1/12/2032        170,866      0.00%
     Ingredion,    Inc.                       $150,000      3.90%      1/6/2050        170,856      0.00%
     Equifax,   Inc.                       $165,000      2.60%     15/12/2025         170,843      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $157,617      4.50%      1/8/2030        170,808      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $164,840      2.91%     25/4/2024        170,702      0.00%
     Federal   National   Mortgage   Association                 $160,034      3.50%      1/9/2033        170,674      0.00%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $160,000      4.70%     15/6/2044        170,657      0.00%
     Sysco  Corp.                        $170,000      2.40%     15/2/2030        170,550      0.00%
     Government    National   Mortgage   Association                $150,731      5.00%     20/10/2039         170,541      0.00%
                                289/362


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     Federal   Home  Loan  Mortgage   Corp.                $158,664      3.50%      1/3/2042        170,519      0.00%
     Federal   National   Mortgage   Association                 $148,397      6.00%      1/8/2034        170,464      0.00%
     Globe  Life,  Inc.                      $150,000      4.55%     15/9/2028        170,464      0.00%
     Eastman   Chemical   Co.                    $150,000      4.50%     1/12/2028        170,396      0.00%
     Athene   Global  Funding                     $165,000      2.75%     25/6/2024        170,244      0.00%
     Public  Service   Electric   & Gas Co.                $200,000      2.05%      1/8/2050        170,207      0.00%
     Federal   National   Mortgage   Association                 $164,074      2.50%     1/12/2036        170,042      0.00%
     Government    National   Mortgage   Association                $150,183      5.00%     20/7/2039        169,921      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $154,177      4.50%      1/5/2039        169,891      0.00%
     Constellation     Brands,   Inc.                   $150,000      4.10%     15/2/2048        169,888      0.00%
     Federal   National   Mortgage   Association                 $152,622      5.00%      1/8/2033        169,859      0.00%
     Kellogg   Co.                        $150,000      4.30%     15/5/2028        169,681      0.00%
     Federal   National   Mortgage   Association                 $154,089      4.50%      1/2/2040        169,668      0.00%
     Government    National   Mortgage   Association                $160,458      4.50%     20/2/2049        169,638      0.00%
     Federal   National   Mortgage   Association                 $154,637      4.50%      1/3/2034        169,621      0.00%
     Packaging    Corp.  of America                    $145,000      4.05%     15/12/2049         169,518      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $150,000      3.85%     25/6/2028        169,447      0.00%
     BANK  2018＾                        $150,000      4.26%     15/5/2061        169,254      0.00%
     Interstate   Power  & Light  Co.                  $150,000      3.70%     15/9/2046        169,207      0.00%
     Commonwealth     Financing   Authority                  $165,000      2.99%      1/6/2042        169,111      0.00%
     PacifiCorp                          $125,000      6.10%      1/8/2036        169,111      0.00%
     Oshkosh   Corp.                       $150,000      4.60%     15/5/2028        169,093      0.00%
     National   Retail  Properties,    Inc.                 $150,000      4.30%     15/10/2028         169,083      0.00%
     Emerson   Electric   Co.                     $175,000      2.75%     15/10/2050         168,897      0.00%
     AEP  Texas,  Inc.                      $165,000      3.45%     15/1/2050        168,783      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $175,000      1.86%     25/10/2035         168,677      0.00%
     Coterra   Energy,   Inc.                     $150,000      4.38%     15/3/2029        168,573      0.00%
     KLA  Corp.                         $125,000      5.00%     15/3/2049        168,494      0.00%
     Commonwealth     Financing   Authority                  $150,000      3.86%      1/6/2038        168,463      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Lam  Research   Corp.                     $150,000      4.00%     15/3/2029        168,234      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $162,260      2.50%      1/9/2032        168,182      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $156,482      4.00%      1/5/2048        167,830      0.00%
     Government    National   Mortgage   Association                $151,384      4.50%     20/6/2045        167,743      0.00%
     Southern   California   Edison  Co.                 $150,000      4.20%      1/3/2029        167,518      0.00%
     Benchmark    2018-B4   Mortgage   Trust＾                $150,000      4.31%     15/7/2051        167,448      0.00%
     Public  Service   Co. of Colorado                   $140,000      4.05%     15/9/2049        167,420      0.00%
     FedEx  Corp.                        $150,000      3.90%      1/2/2035        167,224      0.00%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $150,000      5.15%      1/6/2042        167,045      0.00%
     CenterPoint    Energy   Houston   Electric   LLC              $150,000      3.55%      1/8/2042        167,030      0.00%
     Government    National   Mortgage   Association                $153,043      4.00%     20/3/2041        166,975      0.00%
     Oglethorpe    Power  Corp.                    $125,000      5.95%     1/11/2039        166,866      0.00%
     Dollar  General   Corp.                     $150,000      4.13%      1/5/2028        166,852      0.00%
     Emerson   Electric   Co.                    $125,000      5.25%     15/11/2039         166,723      0.00%
     Chevron   USA,  Inc.                     $150,000      3.85%     15/1/2028        166,660      0.00%
     Magellan   Midstream    Partners   LP                $150,000      4.25%     15/9/2046        166,587      0.00%
     Federal   National   Mortgage   Association                 $155,883      3.50%     1/11/2037        166,105      0.00%
     Government    National   Mortgage   Association                $152,201      4.00%     20/10/2041         166,057      0.00%
     Federal   National   Mortgage   Association                 $150,268      4.50%      1/8/2047        165,543      0.00%
     MidAmerican     Energy   Co.                   $150,000      3.65%     15/4/2029        165,323      0.00%
                                290/362


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     General   Motors   Financial   Co.,  Inc.                $150,000      4.35%     17/1/2027        165,219      0.00%
     Constellation     Brands,   Inc.                   $150,000      4.40%     15/11/2025         165,128      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $159,603      2.50%      1/1/2036        165,124      0.00%
     KKR  Group  Finance   Co. VI LLC                 $150,000      3.75%      1/7/2029        165,108      0.00%
     Government    National   Mortgage   Association                $148,813      4.50%     15/9/2047        165,049      0.00%
     Benchmark    2018-B2   Mortgage   Trust＾                $150,000      4.08%     15/2/2051        164,833      0.00%
     Duke  Energy   Ohio,  Inc.                    $150,000      3.70%     15/6/2046        164,802      0.00%
     Bank  of America   Corp.＾                   CA($)200,000        3.41%     20/9/2025        164,744      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $150,000      3.35%     25/1/2028        164,742      0.00%
     PartnerRe    Finance   B LLC                   $150,000      3.70%      2/7/2029        164,713      0.00%
     SSM  Health  Care  Corp.                    $150,000      3.82%      1/6/2027        164,650      0.00%
     Rockwell   Automation,    Inc.                   $150,000      3.50%      1/3/2029        164,615      0.00%
     Reinsurance    Group  of America,   Inc.                $150,000      3.90%     15/5/2029        164,600      0.00%
     CenterPoint    Energy   Resources    Corp.                $150,000      4.00%      1/4/2028        164,551      0.00%
     Chicago   O'Hare   International    Airport                $110,000      6.40%      1/1/2040        164,502      0.00%
     Government    National   Mortgage   Association                $154,251      5.00%     20/9/2048        164,455      0.00%
     Avnet,  Inc.                        $150,000      4.63%     15/4/2026        164,442      0.00%
     Constellation     Brands,   Inc.                   $125,000      5.25%     15/11/2048         164,029      0.00%
     Humana,   Inc.                       $150,000      3.95%     15/3/2027        164,024      0.00%
     Avangrid,   Inc.                       $150,000      3.80%      1/6/2029        163,975      0.00%
     Welltower,    Inc.                      $125,000      4.95%      1/9/2048        163,651      0.00%
     AXIS  Specialty   Finance   plc                  $150,000      4.00%     6/12/2027        163,422      0.00%
     Nasdaq,   Inc.                       $150,000      3.85%     30/6/2026        163,390      0.00%
     UnitedHealth     Group,   Inc.                   $150,000      3.70%     15/12/2025         163,389      0.00%
     Government    National   Mortgage   Association                $146,841      4.50%     20/10/2040         163,284      0.00%
     Kilroy  Realty  LP                      $150,000      4.38%     1/10/2025        163,273      0.00%
     Stryker   Corp.                        $150,000      3.65%      7/3/2028        163,113      0.00%
     Duke  Energy   Ohio,  Inc.                    $150,000      3.65%      1/2/2029        163,103      0.00%
     CRH  America,   Inc.                     $125,000      5.13%     18/5/2045        162,898      0.00%
     BANK  2017                        $150,000      3.54%     15/11/2054         162,799      0.00%
     Federal   National   Mortgage   Association                 $152,724      3.50%      1/3/2047        162,749      0.00%
     Cboe  Global  Markets,   Inc.                   $150,000      3.65%     12/1/2027        162,674      0.00%
     Phillips   66                        $150,000      3.90%     15/3/2028        162,612      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2017             $150,000      3.58%     15/10/2050         162,381      0.00%
     BANK  2017                        $150,000      3.49%     15/11/2050         162,341      0.00%
     HollyFrontier     Corp.                      $150,000      4.50%     1/10/2030        162,183      0.00%
     UBS  Commercial    Mortgage   Trust  2017               $150,000      3.68%     15/12/2050         162,160      0.00%
     Enable  Midstream    Partners   LP                 $150,000      4.40%     15/3/2027        162,109      0.00%
     Brooklyn   Union  Gas Co.                   $150,000      3.87%      4/3/2029        162,084      0.00%
     Realty  Income   Corp.                     $150,000      3.25%     15/6/2029        161,980      0.00%
     AvalonBay    Communities,     Inc.                  $150,000      3.30%      1/6/2029        161,969      0.00%
     Constellation     Brands,   Inc.                   $150,000      3.60%     15/2/2028        161,942      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $155,000      4.13%      1/8/2023        161,726      0.00%
     Government    National   Mortgage   Association                $150,735      3.50%     20/1/2042        161,698      0.00%
     Lowe's   Cos,  Inc.                      $150,000      3.50%      1/4/2051        161,625      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $160,000      1.87%     25/3/2053        161,479      0.00%
     Federal   National   Mortgage   Association                 $151,610      3.50%      1/1/2032        161,377      0.00%
     UBS  Commercial    Mortgage   Trust  2017               $150,000      3.56%     15/10/2050         161,327      0.00%
     San Diego  Gas & Electric   Co.                  $135,000      4.15%     15/5/2048        161,272      0.00%
     Ohio  Power  Co.                      $140,000      4.00%      1/6/2049        161,189      0.00%
     CSAIL  2017-CX10    Commercial    Mortgage   Trust＾            $150,000      3.46%     15/11/2050         161,144      0.00%
                                291/362


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                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     Southern   California   Edison  Co.                $130,000      5.35%     15/7/2035         161,141       0.00%
     Amgen,   Inc.                     GBP100,000       5.50%     7/12/2026         161,108       0.00%
     Federal   National   Mortgage   Association                $153,718      3.00%      1/3/2031        161,108       0.00%
     CSX  Corp.                       $150,000      3.25%      1/6/2027        160,970       0.00%
     UBS  Commercial    Mortgage   Trust  2017              $150,000      3.49%     15/8/2050         160,894       0.00%
     Sysco  Corp.                       $150,000      3.75%     1/10/2025         160,831       0.00%
     Aircastle   Ltd.                      $150,000      4.25%     15/6/2026         160,827       0.00%
     John  Deere  Capital   Corp.                   $150,000      3.40%     11/9/2025         160,812       0.00%
     Vistra  Operations    Co. LLC                  $150,000      4.30%     15/7/2029         160,737       0.00%
     Entergy   Arkansas   LLC                   $150,000      3.50%      1/4/2026        160,733       0.00%
     Johnson   & Johnson                     $125,000      4.50%      1/9/2040        160,647       0.00%
     Martin  Marietta   Materials,   Inc.                $150,000      3.45%      1/6/2027        160,582       0.00%
     AvalonBay    Communities,     Inc.                 $150,000      3.20%     15/1/2028         160,575       0.00%
     Truist  Bank                       $150,000      3.63%     16/9/2025         160,523       0.00%
     Government    National   Mortgage   Association              $147,605      4.00%     20/11/2043         160,522       0.00%
     Prologis   LP                      $155,000      3.00%     15/4/2050         160,487       0.00%
     Moody's   Corp.                      $150,000      4.88%     15/2/2024         160,468       0.00%
     Eaton  Corp.                       $150,000      3.10%     15/9/2027         160,381       0.00%
     UnitedHealth     Group,   Inc.                  $150,000      2.95%     15/10/2027         160,352       0.00%
     General   Motors   Co.                    $135,000      5.00%      1/4/2035        160,331       0.00%
     NiSource,   Inc.                      $155,000      2.95%      1/9/2029        160,184       0.00%
     Government    National   Mortgage   Association              $146,741      4.00%     20/6/2042         159,960       0.00%
     Stanley   Black  & Decker,   Inc.                 $150,000      3.40%      1/3/2026        159,947       0.00%
     ViacomCBS,    Inc.                     $150,000      3.38%     15/2/2028         159,892       0.00%
     JM Smucker   Co.                     $150,000      3.50%     15/3/2025         159,874       0.00%
     Government    National   Mortgage   Association              $146,466      4.00%     20/9/2041         159,800       0.00%
     Lear  Corp.                       $150,000      3.50%     30/5/2030         159,712       0.00%
     Federal   National   Mortgage   Association                $144,981      4.50%     1/11/2040         159,695       0.00%
     Camden   Property   Trust                   $150,000      3.15%      1/7/2029        159,641       0.00%
     Washington    Gas  Light  Co.                  $140,000      3.80%     15/9/2046         159,608       0.00%
     Oklahoma    Gas & Electric   Co.                 $150,000      3.25%      1/4/2030        159,601       0.00%
     Harley-Davidson,      Inc.                   $150,000      4.63%     28/7/2045         159,598       0.00%
     Nasdaq,   Inc.                      $150,000      4.25%      1/6/2024        159,566       0.00%
     SVB  Financial   Group                    $151,000      3.50%     29/1/2025         159,504       0.00%
     Booking   Holdings,   Inc.                   $150,000      3.65%     15/3/2025         159,503       0.00%
     Bunge  Ltd.  Finance   Corp.                  $150,000      4.35%     15/3/2024         159,473       0.00%
     Piedmont   Natural   Gas Co.,  Inc.                $150,000      3.64%     1/11/2046         159,265       0.00%
     Hershey   Co.                      $150,000      3.20%     21/8/2025         159,215       0.00%
     Allegion   US Holding   Co.,  Inc.                 $150,000      3.55%     1/10/2027         159,038       0.00%
     ERP  Operating    LP                    $150,000      3.00%      1/7/2029        158,957       0.00%
     Duke  Energy   Carolinas   LLC                 $150,000      2.95%     1/12/2026         158,939       0.00%
     Owens  Corning                       $150,000      3.40%     15/8/2026         158,822       0.00%
     Appalachian    Power  Co.                   $150,000      3.40%      1/6/2025        158,762       0.00%
     Welltower,    Inc.                     $150,000      4.50%     15/1/2024         158,706       0.00%
     Government    National   Mortgage   Association              $147,639      5.00%     20/5/2048         158,602       0.00%
     AbbVie,   Inc.                      $150,000      3.85%     15/6/2024         158,590       0.00%
     Puget  Sound  Energy,   Inc.                  $115,000      6.27%     15/3/2037         158,564       0.00%
     Sempra   Energy                      $150,000      3.25%     15/6/2027         158,542       0.00%
     Entergy   Texas,  Inc.                    $135,000      4.50%     30/3/2039         158,527       0.00%
     Mass  General   Brigham,   Inc.                 $150,000      3.19%      1/7/2049        158,527       0.00%
                                292/362


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     Welltower,    Inc.                    GBP100,000       4.80%     20/11/2028         158,420       0.00%
     Metropolitan    Life Global  Funding   I              $150,000      2.95%      9/4/2030        158,232       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $148,869      4.00%      1/6/2050        158,219       0.00%
     South  Carolina   Public  Service   Authority               $100,000      6.45%      1/1/2050        158,215       0.00%
     Delmarva   Power  & Light  Co.                 $135,000      4.15%     15/5/2045         158,214       0.00%
     John  Deere  Capital   Corp.                   $150,000      2.80%     18/7/2029         158,177       0.00%
     Westlake   Chemical   Corp.                   $125,000      5.00%     15/8/2046         158,164       0.00%
     Regional   Transportation     District   Sales  Tax Revenue           $100,000      5.84%     1/11/2050         158,138       0.00%
     FS KKR  Capital   Corp.                    $150,000      4.63%     15/7/2024         158,134       0.00%
     Public  Service   Electric   & Gas Co.               $135,000      3.85%      1/5/2049        158,097       0.00%
     American   Water  Capital   Corp.                 $150,000      3.85%      1/3/2024        158,024       0.00%
     ConocoPhillips     Co.                    $150,000      3.35%     15/11/2024         157,981       0.00%
     UnitedHealth     Group,   Inc.                  $150,000      3.50%     15/2/2024         157,958       0.00%
     GS Mortgage   Securities   Trust  2015               $150,000      3.38%     10/5/2050         157,873       0.00%
     BANK  2017                       $150,000      3.28%     15/11/2054         157,870       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $140,054      5.50%      1/6/2049        157,808       0.00%
     Federal   National   Mortgage   Association                $156,030      2.00%     1/11/2040         157,771       0.00%
     Colgate-Palmolive      Co.                   $150,000      3.25%     15/3/2024         157,747       0.00%
     AutoZone,    Inc.                     $150,000      3.25%     15/4/2025         157,701       0.00%
     Target  Corp.                       $100,000      7.00%     15/1/2038         157,601       0.00%
     Bank  of America   Corp.＾                  CA($)190,000        3.52%     24/3/2026         157,513       0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $150,000      2.75%     25/1/2026        157,484      0.00%
     Kilroy  Realty  LP                      $150,000      3.45%     15/12/2024         157,412      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $150,000      3.45%      1/7/2024        157,280      0.00%
     Southwest    Airlines   Co.                    $150,000      3.00%     15/11/2026         157,279      0.00%
     Bon  Secours   Mercy  Health,   Inc.                 $145,000      3.46%      1/6/2030        157,275      0.00%
     IHS Markit  Ltd.                      $150,000      3.63%      1/5/2024        157,251      0.00%
     CCRE11   Commercial    Mortgage   Trust  2013              $150,000      4.26%     10/8/2050        157,137      0.00%
     Fortune   Brands   Home  & Security,   Inc.               $150,000      4.00%     21/9/2023        157,100      0.00%
     Southern   California   Edison  Co.                 $125,000      5.50%     15/3/2040        157,100      0.00%
     Marriott   International,     Inc.                   $150,000      3.60%     15/4/2024        157,091      0.00%
     DC1  Commercial    Mortgage   Trust  2015               $150,000      3.35%     10/2/2048        157,054      0.00%
     Bristol-Myers     Squibb  Co.                   $125,000      4.50%      1/3/2044        157,034      0.00%
     Berkshire   Hathaway   Energy   Co.                 $150,000      3.75%     15/11/2023         156,939      0.00%
     3M Co.                         $150,000      3.25%     14/2/2024        156,877      0.00%
     Stryker   Corp.                        $150,000      3.38%     15/5/2024        156,875      0.00%
     Southwestern     Public  Service   Co.                 $150,000      3.15%      1/5/2050        156,765      0.00%
     Cleco  Corporate    Holdings   LLC                 $130,000      4.97%      1/5/2046        156,715      0.00%
     Celanese   US Holdings   LLC                   $150,000      3.50%      8/5/2024        156,711      0.00%
     ViacomCBS,    Inc.                      $125,000      5.50%     15/5/2033        156,697      0.00%
     Southern   California   Edison  Co.                 $125,000      5.63%      1/2/2036        156,693      0.00%
     New  York  State  Thruway   Authority                  $150,000      2.90%      1/1/2035        156,681      0.00%
     Voya  Financial,   Inc.                     $125,000      4.80%     15/6/2046        156,680      0.00%
     Trinity  Health  Corp.                     $130,000      4.13%     1/12/2045        156,609      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $150,000      2.85%     25/1/2026        156,535      0.00%
     Arizona   Public  Service   Co.                   $150,000      3.15%     15/5/2025        156,462      0.00%
     Bank  of New  York  Mellon  Corp.                  $150,000      3.45%     11/8/2023        156,419      0.00%
     Cummins,   Inc.                       $150,000      3.65%     1/10/2023        156,369      0.00%
     Transatlantic     Holdings,   Inc.                  $100,000      8.00%     30/11/2039         156,279      0.00%
                                293/362


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     Boston   Properties    LP                    $150,000      2.75%     1/10/2026        156,205      0.00%
     Government    National   Mortgage   Association                $140,154      5.00%     15/4/2039        156,156      0.00%
     Protective    Life Global  Funding                   $150,000      3.10%     15/4/2024        156,150      0.00%
     Amcor  Flexibles   North  America,   Inc.               $150,000      3.10%     15/9/2026        156,038      0.00%
     ViacomCBS,    Inc.                      $144,000      3.70%      1/6/2028        155,983      0.00%
     GS Mortgage   Securities   Trust  2016                $150,000      2.85%     10/10/2049         155,924      0.00%
     PacifiCorp                          $135,000      4.13%     15/1/2049        155,891      0.00%
     Steel  Dynamics,    Inc.                     $150,000      2.80%     15/12/2024         155,702      0.00%
     Healthcare    Trust  of America   Holdings   LP              $150,000      3.10%     15/2/2030        155,625      0.00%
     Hartford   Financial   Services   Group,   Inc.               $150,000      2.80%     19/8/2029        155,489      0.00%
     Government    National   Mortgage   Association                $140,330      4.50%     15/7/2040        155,468      0.00%
     Constellation     Brands,   Inc.                   $130,000      4.50%      9/5/2047        155,297      0.00%
     Federal   National   Mortgage   Association＾                 $149,479      2.42%     25/10/2026         155,235      0.00%
     Equifax,   Inc.                       $150,000      2.60%     1/12/2024        155,229      0.00%
     John  Deere  Capital   Corp.                    $150,000      2.60%      7/3/2024        155,215      0.00%
     CD 2017-CD3    Mortgage   Trust                  $144,000      3.63%     10/2/2050        155,121      0.00%
     Massachusetts     School  Building   Authority                $150,000      2.95%     15/5/2043        155,107      0.00%
     Hershey   Co.                       $150,000      3.38%     15/5/2023        155,092      0.00%
     Consumers    Energy   Co.                    $150,000      3.38%     15/8/2023        155,036      0.00%
     Simon  Property   Group  LP                   $105,000      6.75%      1/2/2040        154,981      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $150,000      4.25%     17/1/2023        154,976      0.00%
     CommonSpirit     Health                     $150,000      2.76%     1/10/2024        154,913      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $125,000      5.30%      1/3/2035        154,751      0.00%
     DR Horton,   Inc.                      $150,000      2.50%     15/10/2024         154,724      0.00%
     Los Angeles   County   Metropolitan    Transportation     Authority          $115,000      5.74%      1/6/2039        154,669      0.00%
     Smithfield   Foods,  Inc.                    $135,000      5.20%      1/4/2029        154,663      0.00%
     BANK  2018                        $148,909      4.13%     15/9/2060        154,632      0.00%
     American   Honda  Finance   Corp.                  $150,000      2.40%     27/6/2024        154,608      0.00%
     Hackensack    Meridian   Health,   Inc.                $125,000      4.21%      1/7/2048        154,516      0.00%
     General   Dynamics   Corp.                    $150,000      2.13%     15/8/2026        154,305      0.00%
     American   Tower  Corp.                     $150,000      3.00%     15/6/2023        154,230      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $139,842      4.50%      1/9/2038        154,179      0.00%
     Union  Pacific  Corp.                      $150,000      2.15%      5/2/2027        154,111      0.00%
     Duke  Energy   Corp.                      $125,000      4.80%     15/12/2045         153,933      0.00%
     Florida   Power  & Light  Co.                   $125,000      4.13%      1/6/2048        153,843      0.00%
     Estee  Lauder   Cos,  Inc.                    $150,000      2.00%     1/12/2024        153,803      0.00%
     Government    National   Mortgage   Association                $142,514      4.00%     20/11/2045         153,731      0.00%
     University    of Southern   California                   $150,000      2.95%     1/10/2051        153,664      0.00%
     ERP  Operating    LP                     $150,000      3.00%     15/4/2023        153,535      0.00%
     Texas  Instruments,    Inc.                    $150,000      2.25%      4/9/2029        153,509      0.00%
     Constellation     Brands,   Inc.                   $150,000      3.20%     15/2/2023        153,441      0.00%
     KeySpan   Gas  East  Corp.                    $150,000      2.74%     15/8/2026        153,365      0.00%
     Markel  Corp.                        $120,000      5.00%     20/5/2049        153,363      0.00%
                                                 公正価格      純資産総額

                             元本       利率      償還日
                                                 （米ドル）       比率
     Burlington    Northern   Santa  Fe LLC                $150,000      3.00%     15/3/2023         153,278       0.00%
     Simon  Property   Group  LP                  $150,000      2.75%      1/6/2023        153,243       0.00%
     Toyota   Motor  Credit  Corp.                   $150,000      2.70%     11/1/2023         153,237       0.00%
     Philip  Morris  International,     Inc.                 $150,000      2.63%      6/3/2023        153,203       0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.＾           $150,000      4.75%     30/4/2043         153,090       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $141,522      4.50%      1/8/2047        153,086       0.00%
                                294/362


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     HollyFrontier     Corp.                     $150,000      2.63%     1/10/2023         152,957       0.00%
     Charles   Schwab   Corp.                    $150,000      2.65%     25/1/2023         152,904       0.00%
     Federal   National   Mortgage   Association＾                 $146,483      2.92%     25/10/2025         152,831       0.00%
     Jefferies   Group  LLC                    $115,000      6.25%     15/1/2036         152,793       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $140,463      5.00%      1/8/2048        152,768       0.00%
     Lincoln   National   Corp.                    $100,000      7.00%     15/6/2040         152,755       0.00%
     CenterPoint    Energy   Houston   Electric   LLC             $150,000      2.35%      1/4/2031        152,738       0.00%
     Waste  Management,     Inc.                   $150,000      2.40%     15/5/2023         152,672       0.00%
     Duke  Energy   Carolinas   LLC                  $150,000      2.50%     15/3/2023         152,567       0.00%
     San Diego  County   Regional   Transportation     Commission           $100,000      5.91%      1/4/2048        152,522       0.00%
     Federal   National   Mortgage   Association                 $134,122      5.50%      1/9/2041        152,491       0.00%
     Air Products   & Chemicals,    Inc.                 $150,000      1.85%     15/5/2027         152,473       0.00%
     Verizon   Communications,      Inc.                GBP108,000       2.50%      8/4/2031        152,416       0.00%
     Camden   Property   Trust                    $135,000      4.10%     15/10/2028         152,271       0.00%
     Brooklyn   Union  Gas Co.                   $130,000      4.50%     10/3/2046         152,058       0.00%
     Colgate-Palmolive      Co.                    $150,000      1.95%      1/2/2023        152,017       0.00%
     Federal   National   Mortgage   Association                 $140,604      4.00%      1/2/2046        151,951       0.00%
     Kroger   Co.                       $125,000      4.45%      1/2/2047        151,929       0.00%
     Las Vegas  Sands  Corp.                    $150,000      3.50%     18/8/2026         151,838       0.00%
     National   Retail  Properties,    Inc.                 $150,000      2.50%     15/4/2030         151,729       0.00%
     Trane  Technologies     Global  Holding   Co.,  Ltd.            $125,000      4.30%     21/2/2048         151,725       0.00%
     Charles   Schwab   Corp.                    $145,000      2.75%     1/10/2029         151,684       0.00%
     Mondelez   International,     Inc.                CA($)184,000        3.25%      7/3/2025        151,664       0.00%
     Golden   State  Tobacco   Securitization     Corp.             $150,000      3.12%      1/6/2038        151,644       0.00%
     Energy   Transfer   LP                    $140,000      4.20%     15/4/2027         151,600       0.00%
     3M Co.                        $150,000      1.75%     14/2/2023         151,551       0.00%
     United  Airlines   2015-1  Class  AA Pass  Through   Trust          $146,812      3.45%     1/12/2027         151,451       0.00%
     Federal   National   Mortgage   Association                 $140,265      4.00%      1/1/2047        151,347       0.00%
     Government    National   Mortgage   Association               $145,996      2.50%     20/10/2035         151,320       0.00%
     Blackstone    Holdings   Finance   Co. LLC               $140,000      3.50%     10/9/2049         151,304       0.00%
     Nevada   Power  Co.                     $150,000      2.40%      1/5/2030        151,184       0.00%
     General   Motors   Financial   Co.,  Inc.               $140,000      3.85%      5/1/2028        151,157       0.00%
     Omega   Healthcare    Investors,    Inc.                $145,000      4.38%      1/8/2023        151,154       0.00%
     T-Mobile   USA,  Inc.                     $150,000      2.70%     15/3/2032         151,055       0.00%
     City  of Tucson   AZ                     $150,000      2.86%      1/7/2047        150,738       0.00%
     Chevron   Phillips   Chemical   Co. LLC/Chevron     Phillips
                               $138,000      3.70%      1/6/2028        150,697       0.00%
       Chemical   Co. LP
     Walmart,   Inc.                      $105,000      5.63%      1/4/2040        150,621       0.00%
     Broadcom,    Inc.                      $150,000      3.19%     15/11/2036         150,486       0.00%
     Magellan   Midstream    Partners   LP                $125,000      4.85%      1/2/2049        150,382       0.00%
     State  of California                       $150,000      1.70%      1/2/2028        150,254       0.00%
     General   Electric   Co.                   GBP78,000       5.38%     18/12/2040         150,252       0.00%
     American   Water  Capital   Corp.                  $125,000      4.30%      1/9/2045        150,213       0.00%
     JPMorgan   Chase  & Co.                   $100,000      8.75%      1/9/2030        150,209       0.00%
     Port  Authority   of New  York  & New  Jersey              $150,000      3.18%     15/7/2060         150,139       0.00%
     Southern   California   Gas Co.                  $125,000      4.13%      1/6/2048        150,072       0.00%
     Caterpillar    Financial   Services   Corp.                $150,000      0.65%      7/7/2023        149,955       0.00%
     John  Deere  Capital   Corp.                   $150,000      0.70%      5/7/2023        149,953       0.00%
     Precision   Castparts   Corp.                   $130,000      3.90%     15/1/2043         149,904       0.00%
     Target  Corp.                       $100,000      6.50%     15/10/2037         149,887       0.00%
     Federal   National   Mortgage   Association                 $133,228      5.00%      1/7/2039        149,783       0.00%
     ViacomCBS,    Inc.                     $125,000      4.85%      1/7/2042        149,740       0.00%
                                295/362

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     City  of Atlanta   GA Water  & Wastewater    Revenue            $150,000      2.26%     1/11/2035         149,627       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $142,318      3.00%      1/8/2045        149,558       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $141,381      3.50%     1/10/2033         149,458       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $142,236      3.00%      1/1/2031        149,203       0.00%
     Government    National   Mortgage   Association               $138,698      4.00%     15/7/2045         149,187       0.00%
     Federal   National   Mortgage   Association                 $136,556      4.00%      1/1/2042        149,088       0.00%
     West  Virginia   United  Health  System   Obligated   Group          $150,000      3.13%      1/6/2050        149,029       0.00%
     Xylem,   Inc.                       $150,000      1.95%     30/1/2028         148,958       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $140,823      3.50%      1/9/2033        148,867       0.00%
     Dallas  Area  Rapid  Transit                    $100,000      6.00%     1/12/2044         148,594       0.00%
     Norfolk   Southern   Corp.                    $125,000      4.10%     15/5/2049         148,580       0.00%
     Indiana   Michigan   Power  Co.                  $125,000      4.25%     15/8/2048         148,458       0.00%
     Stanford   Health  Care                    $125,000      3.80%     15/11/2048         148,209       0.00%
     Federal   Home  Loan  Mortgage   Corp.                $139,798      3.50%      1/5/2047        148,197       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Port  Authority   of New  York  & New  Jersey               $140,000      3.29%     1/8/2069        148,157      0.00%
     Lowe's   Cos,  Inc.                      $150,000      3.00%     15/10/2050         148,145      0.00%
     Federal   National   Mortgage   Association                 $141,584      3.00%     1/5/2027        148,142      0.00%
     Federal   Realty  Investment    Trust                 $140,000      3.20%     15/6/2029        148,104      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $136,249      4.00%     1/10/2043        148,103      0.00%
     Walt  Disney  Co.                      $115,000      4.75%     15/11/2046         148,039      0.00%
     Federal   National   Mortgage   Association＾                 $135,000      3.09%     25/2/2030        147,955      0.00%
     Duke  Energy   Ohio,  Inc.                    $150,000      2.13%     1/6/2030        147,861      0.00%
     Union  Electric   Co.                     $125,000      4.00%     1/4/2048        147,814      0.00%
     Juniper   Networks,    Inc.                    $150,000      1.20%     10/12/2025         147,734      0.00%
     Humana,   Inc.                       $120,000      4.63%     1/12/2042        147,733      0.00%
     Georgia   Power  Co.                     $125,000      4.75%     1/9/2040        147,663      0.00%
     Florida   Power  & Light  Co.                   $125,000      4.05%     1/6/2042        147,662      0.00%
     Sysco  Corp.                        $125,000      4.45%     15/3/2048        147,059      0.00%
     Sutter  Health                        $125,000      4.09%     15/8/2048        146,977      0.00%
     Cardinal   Health,   Inc.                     $130,000      4.37%     15/6/2047        146,794      0.00%
     Cheniere   Corpus   Christi  Holdings   LLC               $150,000      2.74%     31/12/2039         146,755      0.00%
     PPL  Electric   Utilities   Corp.                   $125,000      4.13%     15/6/2044        146,725      0.00%
     Comcast   Corp.                       $125,000      4.25%     15/1/2033        146,495      0.00%
     Federal   National   Mortgage   Association                 $136,226      4.00%     1/11/2031        146,455      0.00%
     Federal   National   Mortgage   Association                 $138,976      3.50%     1/9/2026        146,353      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $126,921      6.00%     1/5/2037        146,333      0.00%
     Intel  Corp.                         $125,000      4.00%     15/12/2032         146,232      0.00%
     Kinder  Morgan   Energy   Partners   LP                $100,000      7.50%     15/11/2040         146,160      0.00%
     Arrow  Electronics,    Inc.                    $137,000      4.00%     1/4/2025        146,081      0.00%
     Trustees   of the University    of Pennsylvania                 $125,000      3.61%     15/2/2119        145,773      0.00%
     ONEOK   Partners   LP                    $115,000      6.13%     1/2/2041        145,659      0.00%
     Ameren   Corp.                        $150,000      1.75%     15/3/2028        145,347      0.00%
     Government    National   Mortgage   Association                $134,168      4.00%     20/11/2044         145,266      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $100,000      6.75%     1/4/2038        144,909      0.00%
     Eastern   Energy   Gas Holdings   LLC                $140,000      2.50%     15/11/2024         144,761      0.00%
     Verizon   Communications,      Inc.                 GBP100,000       4.07%     18/6/2024        144,731      0.00%
     Darden   Restaurants,    Inc.                   $125,000      4.55%     15/2/2048        144,605      0.00%
     Unum  Group                        $135,000      4.50%     15/12/2049         144,602      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $134,366      4.50%     1/12/2048        144,417      0.00%
                                296/362


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     Mass  General   Brigham,   Inc.                  $125,000      3.77%     1/7/2048        144,247      0.00%
     Johnson   & Johnson                       $100,000      5.95%     15/8/2037        144,235      0.00%
     Tennessee    Valley    Authority                    $100,000      4.88%     15/1/2048        144,195      0.00%
     Brown-Forman     Corp.                    GBP100,000       2.60%     7/7/2028        144,157      0.00%
     GATX  Corp.                        $125,000      4.70%     1/4/2029        143,927      0.00%
     Federal   National   Mortgage   Association                 $133,842      4.00%     1/12/2031        143,892      0.00%
     Bank  of America   Corp.＾                     $150,000      1.90%     23/7/2031        143,831      0.00%
     American   Municipal   Power,  Inc.                 $100,000      6.27%     15/2/2050        143,738      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $125,000      3.47%     25/3/2031        143,736      0.00%
     Interpublic    Group  of Cos,  Inc.                  $125,000      4.65%     1/10/2028        143,555      0.00%
     CommonSpirit     Health                     $125,000      3.82%     1/10/2049        143,451      0.00%
     Morgan   Stanley                        $100,000      7.25%     1/4/2032        143,430      0.00%
     Constellation     Brands,   Inc.                   $125,000      4.65%     15/11/2028         143,403      0.00%
     Mid-America    Apartments    LP                  $150,000      1.70%     15/2/2031        143,219      0.00%
     Carlyle   Holdings   II Finance   LLC                 $110,000      5.63%     30/3/2043        143,154      0.00%
     Energy   Transfer   LP                     $125,000      5.30%     1/4/2044        143,149      0.00%
     Federal   National   Mortgage   Association                 $131,075      4.00%     1/12/2043        143,141      0.00%
     Government    National   Mortgage   Association                $132,527      4.00%     20/5/2046        142,958      0.00%
     Republic   Services,   Inc.                    $100,000      6.20%     1/3/2040        142,948      0.00%
     Ameren   Illinois  Co.                     $125,000      3.70%     1/12/2047        142,792      0.00%
     Aetna,  Inc.                        $100,000      6.63%     15/6/2036        142,748      0.00%
     American   Financial   Group,   Inc.                 $120,000      4.50%     15/6/2047        142,614      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $125,000      3.75%     1/4/2045        142,471      0.00%
     American   International    Group,   Inc.               GBP100,000       5.00%     26/4/2023        142,211      0.00%
     Federal   National   Mortgage   Association                 $123,212      6.00%     1/5/2041        142,182      0.00%
     General   Dynamics   Corp.                    $125,000      3.60%     15/11/2042         142,172      0.00%
     Juniper   Networks,    Inc.                    $150,000      2.00%     10/12/2030         142,032      0.00%
     Duke  Energy   Florida   LLC                   $135,000      3.40%     1/10/2046        142,021      0.00%
     Commonwealth     Edison  Co.                   $125,000      3.75%     15/8/2047        141,997      0.00%
     Government    National   Mortgage   Association                $135,267      3.50%     20/12/2048         141,911      0.00%
     Walmart,   Inc.                       $105,000      5.00%     25/10/2040         141,892      0.00%
     Lowe's   Cos,  Inc.                      $125,000      4.25%     15/9/2044        141,795      0.00%
     Spirit  Realty  LP                      $135,000      3.40%     15/1/2030        141,792      0.00%
     AXIS  Specialty   Finance   LLC＾                  $135,000      4.90%     15/1/2040        141,647      0.00%
     IHS Markit  Ltd.                      $125,000      4.25%     1/5/2029        141,610      0.00%
     Southern   Power  Co.                     $130,000      4.15%     1/12/2025        141,601      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Vornado   Realty  LP                     $135,000      3.50%     15/1/2025        141,591      0.00%
     Kimberly-Clark     Corp.                     $125,000      3.95%     1/11/2028        141,375      0.00%
     CSX  Corp.                         $125,000      4.25%     15/3/2029        141,261      0.00%
     McDonald's    Corp.                      $100,000      6.30%     15/10/2037         141,258      0.00%
     Jersey  Central   Power  & Light  Co.                $133,000      4.70%      1/4/2024        141,210      0.00%
     Keysight   Technologies,     Inc.                  $125,000      4.60%      6/4/2027        141,038      0.00%
     Government    National   Mortgage   Association                $130,718      4.00%     20/5/2045        141,007      0.00%
     Southern   Co. Gas Capital   Corp.                  $150,000      1.75%     15/1/2031        140,962      0.00%
     Federal   National   Mortgage   Association                 $127,900      4.50%      1/6/2044        140,875      0.00%
     Federal   National   Mortgage   Association                 $131,195      4.50%      1/5/2050        140,740      0.00%
     Federal   National   Mortgage   Association                 $130,421      4.00%     1/12/2035        140,719      0.00%
     Wyeth  LLC                        $100,000      6.00%     15/2/2036        140,621      0.00%
     Bay Area  Toll  Authority                      $135,000      2.57%      1/4/2031        140,472      0.00%
                                297/362


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     Dallas  Convention    Center   Hotel  Development     Corp.           $100,000      7.09%      1/1/2042        140,261      0.00%
     Government    National   Mortgage   Association                $130,584      4.00%     20/2/2047        140,111      0.00%
     Hartford   Financial   Services   Group,   Inc.               $100,000      6.10%     1/10/2041        140,087      0.00%
     Memorial   Health  Services                     $125,000      3.45%     1/11/2049        140,039      0.00%
     Essential   Utilities,   Inc.                    $130,000      3.57%      1/5/2029        139,971      0.00%
     Clorox  Co.                        $125,000      3.90%     15/5/2028        139,942      0.00%
     Public  Service   Electric   & Gas Co.                $125,000      3.65%      1/9/2042        139,860      0.00%
     AT&T,  Inc.                      CA($)150,000        5.10%     25/11/2048         139,677      0.00%
     Berkshire   Hathaway   Energy   Co.                 $115,000      4.50%      1/2/2045        139,615      0.00%
     Apple,  Inc.                        $125,000      3.45%      9/2/2045        139,593      0.00%
     Charles   Schwab   Corp.                     $130,000      3.45%     13/2/2026        139,561      0.00%
     CenterPoint    Energy,   Inc.                   $125,000      4.25%     1/11/2028        139,547      0.00%
     Duke  Energy   Carolinas   LLC                   $125,000      3.70%     1/12/2047        139,502      0.00%
     Kroger   Co.                        $125,000      3.88%     15/10/2046         139,481      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $124,170      5.00%      1/4/2040        139,423      0.00%
     BANK  2018＾                        $125,000      4.05%     15/3/2061        139,418      0.00%
     RWJ  Barnabas   Health,   Inc.                   $125,000      3.48%      1/7/2049        139,349      0.00%
     Sabal  Trail  Transmission     LLC                  $125,000      4.25%      1/5/2028        139,267      0.00%
     Government    National   Mortgage   Association                $133,585      3.50%     15/6/2049        139,251      0.00%
     Boston   Scientific   Corp.                     $100,000      6.75%     15/11/2035         139,175      0.00%
     Northern   Trust  Corp.                     $125,000      3.65%      3/8/2028        139,089      0.00%
     CME  Group,   Inc.                      $125,000      3.75%     15/6/2028        138,798      0.00%
     Nucor  Corp.                        $125,000      3.95%      1/5/2028        138,025      0.00%
     Metropolitan    Life Global  Funding   I              GBP100,000       2.88%     11/1/2023        138,009      0.00%
     WRKCo,   Inc.                       $125,000      4.00%     15/3/2028        137,960      0.00%
     Duke  Energy   Florida   LLC                   $125,000      3.80%     15/7/2028        137,901      0.00%
     Federal   National   Mortgage   Association                 $131,769      3.00%     1/11/2027        137,873      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $125,000      3.44%     25/12/2027         137,837      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $131,637      3.00%      1/3/2027        137,787      0.00%
     Federal   National   Mortgage   Association                 $123,770      5.00%      1/9/2033        137,749      0.00%
     Massachusetts     Institute   of Technology                 $125,000      2.99%      1/7/2050        137,676      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $125,000      4.20%      1/4/2027        137,640      0.00%
     Morgan   Stanley                        $125,000      3.95%     23/4/2027        137,461      0.00%
     CSX  Corp.                         $125,000      3.80%      1/3/2028        137,375      0.00%
     AEP  Texas,  Inc.                      $125,000      3.95%      1/6/2028        137,359      0.00%
     Mid-Atlantic    Interstate   Transmission     LLC              $125,000      4.10%     15/5/2028        137,329      0.00%
     Arch  Capital   Finance   LLC                   $125,000      4.01%     15/12/2026         137,306      0.00%
     Virginia   Electric   & Power  Co.                  $100,000      6.00%     15/5/2037        137,299      0.00%
     Federal   National   Mortgage   Association                 $129,184      4.00%      1/6/2050        137,282      0.00%
     Federal   National   Mortgage   Association                 $132,418      2.50%      1/1/2032        137,249      0.00%
     Nevada   Power  Co.                     $135,000      3.13%      1/8/2050        137,112      0.00%
     Booking   Holdings,   Inc.                   EUR120,000       0.50%      8/3/2028        137,081      0.00%
     General   Motors   Financial   Co.,  Inc.               GBP100,000       2.25%      6/9/2024        137,005      0.00%
     Duke  University    Health  System,   Inc.                $115,000      3.92%      1/6/2047        136,948      0.00%
     Illinois  State  Toll  Highway   Authority                 $100,000      6.18%      1/1/2034        136,802      0.00%
     Commonwealth     of Massachusetts     Transportation     Fund  Revenue        $100,000      5.73%      1/6/2040        136,736      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $121,584      5.00%      1/3/2040        136,612      0.00%
     Jabil,  Inc.                        $125,000      3.95%     12/1/2028        136,566      0.00%
     Federal   National   Mortgage   Association                 $132,478      2.50%      1/8/2022        136,517      0.00%
     Baltimore   Gas & Electric   Co.                  $125,000      3.50%     15/8/2046        136,460      0.00%
     Booking   Holdings,   Inc.                    $125,000      3.55%     15/3/2028        136,323      0.00%
     McDonald's    Corp.                      $100,000      5.70%      1/2/2039        136,240      0.00%
                                298/362

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     AHS  Hospital   Corp.                      $100,000      5.02%      1/7/2045        136,220      0.00%
     Benchmark    2018-B1   Mortgage   Trust＾                $125,000      3.67%     15/1/2051        136,191      0.00%
     State  of Washington                        $100,000      5.14%      1/8/2040        136,147      0.00%
     Kimberly-Clark     Corp.                     $100,000      5.30%      1/3/2041        136,110      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $125,000      3.24%     25/8/2027        136,026      0.00%
     JPMorgan   Chase  & Co.                    $100,000      5.40%      6/1/2042        136,011      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Dominion   Energy   South  Carolina,   Inc.               $100,000      6.63%      1/2/2032        136,010      0.00%
     Marriott   International,     Inc                   $125,000      4.00%     15/4/2028        135,551      0.00%
     Bristol-Myers     Squibb  Co.                   $125,000      3.88%     15/8/2025        135,327      0.00%
     Dominion   Energy   South  Carolina,   Inc.               $100,000      5.45%      1/2/2041        135,242      0.00%
     Dominion   Energy,   Inc.                    $125,000      3.90%     1/10/2025        135,151      0.00%
     GS Mortgage   Securities   Trust  2017                $125,000      3.67%     10/3/2050        134,974      0.00%
     BBCMS   Mortgage   Trust  2017                  $125,000      3.67%     15/2/2050        134,890      0.00%
     Prudential    Financial,   Inc.                   $100,000      5.70%     14/12/2036         134,888      0.00%
     Trustees   of Boston   University                    $110,000      4.06%     1/10/2048        134,756      0.00%
     Kellogg   Co.                        $125,000      3.40%     15/11/2027         134,735      0.00%
     Charles   Schwab   Corp.                     $125,000      3.85%     21/5/2025        134,716      0.00%
     NextEra   Energy   Capital   Holdings,   Inc.               $125,000      3.50%      1/4/2029        134,644      0.00%
     Federal   National   Mortgage   Association                 $126,299      3.50%      1/1/2047        134,590      0.00%
     Federal   National   Mortgage   Association＾                 $122,000      3.32%     25/6/2028        134,538      0.00%
     Autodesk,    Inc.                       $125,000      3.50%     15/6/2027        134,508      0.00%
     Toyota   Motor  Credit  Corp.                   $125,000      3.20%     11/1/2027        134,380      0.00%
     Masco  Corp.                        $125,000      3.50%     15/11/2027         134,313      0.00%
     County   of Cook  IL                     $100,000      6.23%     15/11/2034         134,261      0.00%
     Whirlpool   Corp.                       $112,500      4.50%      1/6/2046        134,170      0.00%
     Rutgers   The  State  University    of New  Jersey              $100,000      5.67%      1/5/2040        134,075      0.00%
     Keurig  Dr Pepper,   Inc.                    $125,000      3.43%     15/6/2027        134,074      0.00%
     Trustees   of Boston   College                    $125,000      3.13%      1/7/2052        134,029      0.00%
     Flowers   Foods,  Inc.                     $125,000      3.50%     1/10/2026        134,004      0.00%
     Duke  Energy   Corp.                      $125,000      3.75%      1/9/2046        133,931      0.00%
     Stryker   Corp.                        $125,000      3.50%     15/3/2026        133,924      0.00%
     Citigroup   Commercial    Mortgage   Trust  2015              $125,000      3.78%     10/9/2058        133,880      0.00%
     CR28  Commercial    Mortgage   Trust  2016               $125,000      3.76%     10/2/2049        133,687      0.00%
     Eastern   Gas Transmission     & Storage,   Inc.              $130,000      3.00%     15/11/2029         133,683      0.00%
     Duke  Realty  LP                      $125,000      3.38%     15/12/2027         133,511      0.00%
     Port  Authority   of New  York  & New  Jersey               $100,000      4.96%      1/8/2046        133,468      0.00%
     Broadridge    Financial   Solutions,   Inc.                $125,000      3.40%     27/6/2026        133,293      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $125,000      3.33%     25/8/2025        133,277      0.00%
     Air Lease  Corp.                       $125,000      4.25%     15/9/2024        133,060      0.00%
     Cleveland   Electric   Illuminating    Co.                $125,000      3.50%      1/4/2028        133,045      0.00%
     Mosaic   Co.                        $100,000      5.63%     15/11/2043         132,955      0.00%
     Government    National   Mortgage   Association                $123,249      4.00%     20/1/2046        132,950      0.00%
     Philip  Morris  International,     Inc.                EUR100,000       3.13%      3/6/2033        132,911      0.00%
     Norfolk   Southern   Corp.                    $125,000      3.15%      1/6/2027        132,899      0.00%
     NiSource,   Inc.                       $96,000      5.95%     15/6/2041        132,876      0.00%
     PeaceHealth    Obligated   Group                   $100,000      4.79%     15/11/2048         132,873      0.00%
     Government    National   Mortgage   Association                $117,342      5.00%     20/6/2040        132,732      0.00%
     Florida   Power  & Light  Co.                   $125,000      3.13%     1/12/2025        132,708      0.00%
     Unum  Group                        $120,000      4.00%     15/6/2029        132,682      0.00%
                                299/362


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     Banner   Health                        $125,000      3.18%      1/1/2050        132,612      0.00%
     Federal   National   Mortgage   Association                 $121,928      4.00%     1/12/2044        132,602      0.00%
     Aspen  Insurance   Holdings   Ltd.                  $125,000      4.65%     15/11/2023         132,597      0.00%
     Michigan   Finance   Authority                    $125,000      3.08%     1/12/2034        132,573      0.00%
     ERP  Operating    LP                     $125,000      3.38%      1/6/2025        132,477      0.00%
     Federal   National   Mortgage   Association＾                 $122,536      3.06%     25/3/2028        132,470      0.00%
     BGC  Partners,   Inc.                     $127,000      3.75%     1/10/2024        132,439      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $121,353      4.50%      1/5/2050        132,422      0.00%
     American   International    Group,   Inc.＾                $90,000      8.18%     15/5/2058        132,399      0.00%
     Pfizer,  Inc.                        $125,000      3.40%     15/5/2024        132,349      0.00%
     City  of New  York  NY                    $100,000      5.52%     1/10/2037        132,343      0.00%
     Georgia   Power  Co.                     $125,000      3.25%     30/3/2027        132,287      0.00%
     Cummins,   Inc.                       $100,000      4.88%     1/10/2043        132,251      0.00%
     UPMC                          $125,000      3.60%      3/4/2025        132,229      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $124,704      3.50%      1/4/2047        132,196      0.00%
     Dallas  Fort  Worth  International    Airport                $125,000      3.14%     1/11/2045        132,131      0.00%
     Government    National   Mortgage   Association                $126,644      3.50%     20/1/2050        132,031      0.00%
     Kaiser  Foundation    Hospitals                    $100,000      4.88%      1/4/2042        132,021      0.00%
     DENTSPLY    SIRONA,   Inc.                   $125,000      3.25%      1/6/2030        131,984      0.00%
     BGC  Partners,   Inc.                     $125,000      5.38%     24/7/2023        131,983      0.00%
     Evergy   Metro,  Inc.                     $100,000      5.30%     1/10/2041        131,936      0.00%
     Camden   Property   Trust                    $120,000      3.35%     1/11/2049        131,920      0.00%
     Federal   National   Mortgage   Association                 $128,388      2.00%     1/11/2027        131,793      0.00%
     Hartford   HealthCare    Corp.                   $125,000      3.45%      1/7/2054        131,774      0.00%
     Air Products   & Chemicals,    Inc.                 $125,000      3.35%     31/7/2024        131,537      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $125,000      2.65%     25/8/2026        131,488      0.00%
     Black  Hills  Corp.                       $125,000      4.25%     30/11/2023         131,445      0.00%
     Federal   National   Mortgage   Association                 $115,986      5.50%      1/5/2036        131,345      0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     CCRE20   Commercial    Mortgage   Trust  2014              $125,000      3.59%     10/11/2047         131,154      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2014           $125,000      3.49%     15/1/2048        131,131      0.00%
     UBS  Commercial    Mortgage   Trust  2017               $125,000      3.30%     15/10/2050         131,118      0.00%
     Salt River  Project   Agricultural    Improvement    & Power  District         $100,000      4.84%      1/1/2041        131,083      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2016             $125,000      2.94%     15/10/2049         131,063      0.00%
     Williams   Cos,  Inc.                      $100,000      5.80%     15/11/2043         131,039      0.00%
     Motorola   Solutions,   Inc.                    $100,000      5.50%      1/9/2044        130,974      0.00%
     JP Morgan   Chase  Commercial    Mortgage   Securities   Trust  2014       $125,000      3.80%     15/7/2047        130,970      0.00%
     Avangrid,   Inc.                       $125,000      3.15%     1/12/2024        130,938      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $125,000      3.39%     25/3/2024        130,749      0.00%
     Tyson  Foods,  Inc.                      $125,000      3.90%     28/9/2023        130,687      0.00%
     OhioHealth    Corp.                      $125,000      3.04%     15/11/2050         130,685      0.00%
     NYU  Langone   Hospitals                     $110,000      4.37%      1/7/2047        130,567      0.00%
     Hess  Corp.                        $125,000      3.50%     15/7/2024        130,508      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $125,000      2.53%     25/5/2026        130,489      0.00%
     Caterpillar    Financial   Services   Corp.                $125,000      2.85%     17/5/2024        130,459      0.00%
     Commonwealth     of Massachusetts                    $125,000      2.90%      1/9/2049        130,447      0.00%
     General   Mills,  Inc.                     $125,000      2.88%     15/4/2030        130,336      0.00%
     Federal   National   Mortgage   Association                 $121,515      3.50%      1/7/2044        130,316      0.00%
     Advocate   Health  & Hospitals   Corp.                 $125,000      3.01%     15/6/2050        130,261      0.00%
     Bank  of America   Corp.                     $100,000      4.88%      1/4/2044        130,258      0.00%
                                300/362


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     Omnicom   Group,   Inc.                    $130,000      2.45%     30/4/2030        130,088      0.00%
     Air Lease  Corp.                       $125,000      3.25%      1/3/2025        129,932      0.00%
     Global  Payments,    Inc.                    $125,000      4.00%      1/6/2023        129,910      0.00%
     Northwestern     University                      $100,000      4.64%     1/12/2044        129,871      0.00%
     Applied   Materials,   Inc.                    $100,000      5.10%     1/10/2035        129,846      0.00%
     Guardian   Life Insurance   Co. of America                $100,000      4.85%     24/1/2077        129,831      0.00%
     Ventas   Realty  LP                     $125,000      3.00%     15/1/2030        129,823      0.00%
     Alexandria    Real  Estate  Equities,   Inc.               $100,000      4.85%     15/4/2049        129,462      0.00%
     Federal   National   Mortgage   Association                 $122,487      3.50%      1/7/2035        129,441      0.00%
     RPM  International,     Inc.                    $100,000      5.25%      1/6/2045        129,372      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $125,000      3.53%     25/10/2023         129,303      0.00%
     Marriott   International,     Inc.                   $115,000      4.65%     1/12/2028        129,037      0.00%
     Tyco  Electronics    Group  SA                 EUR112,000       1.10%      1/3/2023        129,017      0.00%
     Federal   National   Mortgage   Association                 $122,903      3.00%      1/6/2030        128,919      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $88,000      5.35%     1/10/2052        128,890      0.00%
     Ingredion,    Inc.                       $125,000      2.90%      1/6/2030        128,877      0.00%
     NSTAR   Electric   Co.                     $120,000      3.25%     15/5/2029        128,874      0.00%
     Government    National   Mortgage   Association                $118,298      4.00%     15/10/2040         128,739      0.00%
     State  of California                        $120,000      3.38%      1/4/2025        128,733      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $113,065      5.50%      1/6/2041        128,679      0.00%
     Williams   Cos,  Inc.                      $120,000      4.55%     24/6/2024        128,596      0.00%
     Boeing  Co.                        $125,000      2.80%      1/3/2024        128,541      0.00%
     Federal   National   Mortgage   Association                 $119,704      3.50%     1/10/2041        128,413      0.00%
     Federal   National   Mortgage   Association＾                 $117,483      3.12%     25/4/2029        128,371      0.00%
     Willis  North  America,   Inc.                   $125,000      2.95%     15/9/2029        128,315      0.00%
     Federal   National   Mortgage   Association                 $116,613      4.50%      1/1/2044        128,286      0.00%
     MPLX  LP                        $125,000      3.38%     15/3/2023        128,204      0.00%
     Government    National   Mortgage   Association                $115,685      4.50%     20/2/2044        128,186      0.00%
     Leggett   & Platt,  Inc.                     $120,000      3.50%     15/11/2027         128,068      0.00%
     WW  Grainger,   Inc.                     $100,000      4.60%     15/6/2045        128,017      0.00%
     Norfolk   Southern   Corp.                    $120,000      3.40%     1/11/2049        127,973      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $117,380      4.00%      1/5/2042        127,960      0.00%
     Zoetis,   Inc.                        $100,000      4.45%     20/8/2048        127,897      0.00%
     National   Fuel  Gas Co.                    $125,000      3.75%      1/3/2023        127,716      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $116,888      4.00%      1/6/2042        127,712      0.00%
     Michigan   Strategic   Fund                    $125,000      3.23%      1/9/2047        127,703      0.00%
     Energy   Transfer   LP                     $100,000      6.63%     15/10/2036         127,589      0.00%
     Loews  Corp.                        $125,000      2.63%     15/5/2023        127,583      0.00%
     Government    National   Mortgage   Association                $120,410      3.50%     20/4/2044        127,466      0.00%
     Nationwide    Financial   Services,   Inc.                $100,000      5.30%     18/11/2044         127,464      0.00%
     Federal   National   Mortgage   Association                 $116,923      4.00%      1/8/2039        127,423      0.00%
     Ohio  Turnpike   & Infrastructure     Commission                $125,000      3.22%     15/2/2048        127,324      0.00%
     People's   United  Financial,   Inc.                 $125,000      3.65%     6/12/2022        127,318      0.00%
     Brown-Forman     Corp.                     $100,000      4.50%     15/7/2045        127,083      0.00%
     Markel  Corp.                        $100,000      5.00%      5/4/2046        127,045      0.00%
     Government    National   Mortgage   Association                $117,304      4.00%     15/6/2048        126,992      0.00%
     Federal   National   Mortgage   Association                 $116,255      4.00%      1/3/2044        126,977      0.00%
     Camden   Property   Trust                    $125,000      2.95%     15/12/2022         126,966      0.00%
     Mayo  Clinic                        $100,000      4.13%     15/11/2052         126,832      0.00%
     Federal   National   Mortgage   Association                 $116,655      5.00%      1/5/2049        126,815      0.00%
                                301/362


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                                                公正価格      純資産総額
                             元本       利率      償還日
                                                （米ドル）        比率
     McKesson    Corp.                     $125,000      2.70%     15/12/2022         126,753       0.00%
     Kroger   Co.                       $100,000      5.00%     15/4/2042         126,744       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $123,701      2.50%     1/12/2039         126,682       0.00%
     Federal   National   Mortgage   Association                $118,918      3.50%      1/6/2038        126,676       0.00%
     Federal   National   Mortgage   Association                $113,710      5.00%      1/3/2034        126,636       0.00%
     NYU  Langone   Hospitals                    $100,000      4.78%      1/7/2044        126,546       0.00%
     Micron   Technology,    Inc.                  $110,000      4.66%     15/2/2030         126,523       0.00%
     CSX  Corp.                       $100,000      4.50%      1/8/2054        126,463       0.00%
     Northrop   Grumman   Corp.                  $100,000      4.75%      1/6/2043        126,327       0.00%
     Caterpillar,    Inc.                     $100,000      4.30%     15/5/2044         126,290       0.00%
     University    of Chicago                     $100,000      4.00%     1/10/2053         126,055       0.00%
     National   Retail  Properties,    Inc.                $100,000      4.80%     15/10/2048         125,877       0.00%
     Advocate   Health  & Hospitals   Corp.               $100,000      4.27%     15/8/2048         125,735       0.00%
     Pfizer,  Inc.                       $100,000      4.20%     15/9/2048         125,727       0.00%
     PPL  Electric   Utilities   Corp.                  $105,000      4.15%     1/10/2045         125,671       0.00%
     Waste  Management    of Canada   Corp.             CA($)155,000        2.60%     23/9/2026         125,649       0.00%
     Spirit  Realty  LP                     $120,000      3.20%     15/1/2027         125,645       0.00%
     Georgetown    University                     $101,000      4.32%      1/4/2049        125,575       0.00%
     Caterpillar    Financial   Services   Corp.               $125,000      1.45%     15/5/2025         125,547       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $119,697      3.00%      1/8/2031        125,498       0.00%
     Ventas   Realty  LP                    $100,000      4.88%     15/4/2049         125,486       0.00%
     Hershey   Co.                      $125,000      2.65%      1/6/2050        125,450       0.00%
     Consumers    Energy   Co.                   $120,000      3.10%     15/8/2050         125,386       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $117,302      3.50%      1/8/2045        125,291       0.00%
     Brighthouse    Financial,   Inc.                 $114,000      4.70%     22/6/2047         125,180       0.00%
     Federal   National   Mortgage   Association                $108,083      6.00%     1/11/2037         125,131       0.00%
     Government    National   Mortgage   Association              $112,496      4.50%     15/5/2040         125,089       0.00%
     Advocate   Health  & Hospitals   Corp.               $125,000      2.21%     15/6/2030         125,043       0.00%
     Sysco  Canada,   Inc.                  CA($)150,000        3.65%     25/4/2025         124,550       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $117,408      3.50%      1/8/2047        124,462       0.00%
     Regency   Centers   LP                   $100,000      4.65%     15/3/2049         124,451       0.00%
     Waste  Connections,     Inc.                  $125,000      3.05%      1/4/2050        124,366       0.00%
     Baltimore   Gas & Electric   Co.                 $120,000      3.20%     15/9/2049         124,272       0.00%
     Kroger   Co.                       $100,000      4.65%     15/1/2048         124,245       0.00%
     Atmos  Energy   Corp.                    $120,000      2.63%     15/9/2029         123,969       0.00%
     Southern   California   Gas Co.                 $100,000      4.30%     15/1/2049         123,925       0.00%
     Molson   Coors  International    LP              CA($)150,000        3.44%     15/7/2026         123,900       0.00%
     Avista  Corp.                       $100,000      4.35%      1/6/2048        123,752       0.00%
     Travelers   Cos,  Inc.                    $100,000      4.30%     25/8/2045         123,640       0.00%
     Keurig  Dr Pepper,   Inc.                   $100,000      4.99%     25/5/2038         123,598       0.00%
     Nissan  Motor  Acceptance    Co. LLC               $125,000      1.05%      8/3/2024        123,512       0.00%
     Hershey   Co.                      $125,000      0.90%      1/6/2025        123,404       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $110,722      4.50%      1/2/2046        123,213       0.00%
     Federal   National   Mortgage   Association                $111,850      4.50%      1/2/2041        123,211       0.00%
     ONE  Gas,  Inc.                     $100,000      4.50%     1/11/2048         123,153       0.00%
     Valmont   Industries,    Inc.                  $100,000      5.00%     1/10/2044         123,003       0.00%
     WW  Grainger,   Inc.                    $100,000      4.20%     15/5/2047         122,809       0.00%
     Federal   National   Mortgage   Association                $113,697      4.00%      1/6/2034        122,733       0.00%
     Federal   National   Mortgage   Association                $116,138      3.50%      1/3/2035        122,732       0.00%
     Dow  Chemical   Co.                    $100,000      4.63%     1/10/2044         122,579       0.00%
                                302/362


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     Ameren   Corp.                      $115,000      3.65%     15/2/2026         122,556       0.00%
     Bay Area  Toll  Authority                     $70,000      7.04%      1/4/2050        122,534       0.00%
     New  York  State  Electric   & Gas Corp.               $115,000      3.25%     1/12/2026         122,524       0.00%
     Government    National   Mortgage   Association              $110,073      4.50%     20/6/2040         122,399       0.00%
     Sysco  Corp.                       $100,000      4.85%     1/10/2045         122,279       0.00%
     Southern   California   Edison  Co.                $100,000      6.65%      1/4/2029        122,235       0.00%
     Toledo  Hospital                       $100,000      6.02%     15/11/2048         122,213       0.00%
     Federal   Home  Loan  Mortgage   Corp.               $113,888      3.50%     1/11/2041         122,197       0.00%
     GLP  Capital   LP/GLP   Financing   II, Inc.             $115,000      4.00%     15/1/2030         121,884       0.00%
     State  of Illinois                      $100,000      6.63%      1/2/2035        121,868       0.00%
     Government    National   Mortgage   Association              $113,173      4.50%     20/10/2047         121,817       0.00%
     Williams   Cos,  Inc.                    $100,000      4.85%      1/3/2048        121,736       0.00%
     Massachusetts     Institute   of Technology                $100,000      3.96%      1/7/2038        121,711       0.00%
     Federal   National   Mortgage   Association＾                $117,030      2.50%     25/9/2026         121,686       0.00%
     JM Smucker   Co.                     $100,000      4.38%     15/3/2045         121,564       0.00%
     Board  of Regents   of the University    of Texas  System          $125,000      2.44%     15/8/2049         121,504       0.00%
     Baltimore   Gas & Electric   Co.                 $100,000      4.25%     15/9/2048         121,498       0.00%
     Federal   National   Mortgage   Association                $112,204      4.00%      1/8/2046        121,400       0.00%
     Indiana   University    Health,   Inc. Obligated   Group           $100,000      3.97%     1/11/2048         121,304       0.00%
     New  York  State  Urban  Development     Corp.             $110,000      3.90%     15/3/2033         121,233       0.00%
     Federal   National   Mortgage   Association                $112,764      4.00%      1/1/2032        121,231       0.00%
                                                 公正価格      純資産総額

                              元本       利率     償還日
                                                 （米ドル）       比率
     Snap-on,   Inc.                       $100,000      4.10%      1/3/2048        121,194      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $114,968      3.50%      1/2/2026        121,107      0.00%
     Air Lease  Corp.                       $115,000      3.63%      1/4/2027        121,039      0.00%
     Nationwide    Mutual   Insurance   Co.                 $100,000      4.95%     22/4/2044        120,859      0.00%
     John  Deere  Canada   Funding,   Inc.               CA($)150,000        2.70%     17/1/2023        120,836      0.00%
     Government    National   Mortgage   Association                $115,615      3.00%     20/2/2027        120,826      0.00%
     County   of Miami-Dade    FL Water  & Sewer  System   Revenue          $115,000      3.49%     1/10/2042        120,800      0.00%
     Cargill,   Inc.                        $100,000      3.88%     23/5/2049        120,735      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $112,639      4.00%     1/12/2047        120,627      0.00%
     Los Angeles   Unified   School  District                 $100,000      5.76%      1/7/2029        120,561      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $114,217      3.50%      1/2/2050        120,486      0.00%
     FS KKR  Capital   Corp.                     $115,000      4.13%      1/2/2025        120,446      0.00%
     Cadence   Design  Systems,   Inc.                  $112,000      4.38%     15/10/2024         120,413      0.00%
     Lincoln   National   Corp.                     $100,000      4.35%      1/3/2048        120,360      0.00%
     CCRE2   Commercial    Mortgage   Trust  2012              $120,000      3.15%     15/8/2045        120,263      0.00%
     Activision   Blizzard,   Inc.                    $100,000      4.50%     15/6/2047        120,220      0.00%
     JobsOhio   Beverage   System                    $100,000      4.53%      1/1/2035        120,185      0.00%
     Johns  Hopkins   Health  System   Corp.                $100,000      3.84%     15/5/2046        119,598      0.00%
     Florida   Power  & Light  Co.                   $100,000      4.05%     1/10/2044        119,357      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $113,649      3.00%      1/6/2035        119,329      0.00%
     Brown-Forman     Corp.                     $112,000      3.50%     15/4/2025        119,325      0.00%
     Zimmer   Biomet   Holdings,   Inc.                  $100,000      4.45%     15/8/2045        119,190      0.00%
     Kentucky   Utilities   Co.                    $100,000      4.38%     1/10/2045        119,129      0.00%
     Rutgers   The  State  University    of New  Jersey              $100,000      3.92%      1/5/2119        118,944      0.00%
     S&P  Global,   Inc.                      $115,000      2.50%     1/12/2029        118,928      0.00%
     Deere  & Co.                       $100,000      3.90%      9/6/2042        118,877      0.00%
     Federal   National   Mortgage   Association                 $107,870      4.50%      1/1/2042        118,833      0.00%
     PECO  Energy   Co.                     $100,000      4.15%     1/10/2044        118,789      0.00%
                                303/362


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     Keurig  Dr Pepper,   Inc.                    $100,000      4.42%     15/12/2046         118,724      0.00%
     Connecticut    Light  & Power  Co.                 $120,000      2.05%      1/7/2031        118,678      0.00%
     Archer-Daniels-Midland        Co.                  $100,000      3.75%     15/9/2047        118,628      0.00%
     Dignity   Health                        $100,000      4.50%     1/11/2042        118,461      0.00%
     PPG  Industries,    Inc.                     $115,000      2.40%     15/8/2024        118,421      0.00%
     RWJ  Barnabas   Health,   Inc.                   $100,000      3.95%      1/7/2046        118,409      0.00%
     Southern   California   Gas Co.                  $100,000      3.95%     15/2/2050        118,374      0.00%
     Mastercard,    Inc.                      $100,000      3.80%     21/11/2046         118,311      0.00%
     Goldman   Sachs  Group,   Inc.                   $100,000      5.95%     15/1/2027        117,917      0.00%
     Whirlpool   Finance   Luxembourg    Sarl               EUR100,000       1.25%     2/11/2026        117,917      0.00%
     Aetna,  Inc.                        $100,000      4.50%     15/5/2042        117,878      0.00%
     Federal   National   Mortgage   Association                 $112,485      3.00%      1/1/2031        117,744      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $104,695      5.00%      1/7/2041        117,733      0.00%
     Mars,  Inc.                        $100,000      3.95%      1/4/2044        117,697      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $100,000      3.99%     25/8/2033        117,667      0.00%
     Starbucks   Corp.                       $100,000      4.30%     15/6/2045        117,640      0.00%
     Fiserv,   Inc.                       EUR100,000       1.13%      1/7/2027        117,562      0.00%
     Potomac   Electric   Power  Co.                  $100,000      4.15%     15/3/2043        117,512      0.00%
     MPLX  LP                        $115,000      3.50%     1/12/2022        117,442      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $109,153      4.00%     1/10/2031        117,400      0.00%
     PPL  Electric   Utilities   Corp.                   $100,000      3.95%      1/6/2047        117,398      0.00%
     Allina  Health  System                      $100,000      3.89%     15/4/2049        117,393      0.00%
     Bank  of America   Corp.＾                   CA($)150,000        1.98%     15/9/2027        117,288      0.00%
     Federal   National   Mortgage   Association                 $111,332      3.50%      1/3/2034        117,279      0.00%
     State  of Oregon                        $100,000      5.89%      1/6/2027        117,214      0.00%
     Martin  Marietta   Materials,   Inc.                 $100,000      4.25%     15/12/2047         117,206      0.00%
     Alexandria    Real  Estate  Equities,   Inc.               $100,000      4.70%      1/7/2030        117,125      0.00%
     Evergy   Kansas   Central,   Inc.                  $100,000      4.10%      1/4/2043        116,998      0.00%
     Arizona   Public  Service   Co.                   $100,000      4.25%      1/3/2049        116,818      0.00%
     University    of Notre  Dame  du Lac                 $100,000      3.39%     15/2/2048        116,552      0.00%
     BorgWarner,    Inc.                      $100,000      4.38%     15/3/2045        116,396      0.00%
     Kansas   City  Southern                      $100,000      4.30%     15/5/2043        116,102      0.00%
     Evergy   Kansas   Central,   Inc.                  $100,000      4.13%      1/3/2042        116,049      0.00%
     Evergy   Kansas   Central,   Inc.                  $110,000      3.10%      1/4/2027        116,035      0.00%
     Public  Service   Electric   & Gas Co.                $100,000      3.95%      1/5/2042        115,953      0.00%
     University    of Michigan                      $115,000      2.44%      1/4/2040        115,899      0.00%
     American   Homes  4 Rent  LP                  $100,000      4.90%     15/2/2029        115,825      0.00%
     Kohl's  Corp.                        $100,000      5.55%     17/7/2045        115,824      0.00%
     Citigroup   Commercial    Mortgage   Trust  2012              $115,139      3.02%     10/9/2045        115,761      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $100,000      3.72%     25/1/2031        115,704      0.00%
     Federal   National   Mortgage   Association＾                 $112,559      2.55%     25/7/2024        115,476      0.00%
     CenterPoint    Energy   Resources    Corp.                $100,000      4.10%      1/9/2047        115,464      0.00%
     Cardinal   Health,   Inc.                     $100,000      4.60%     15/3/2043        115,450      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Government    National   Mortgage   Association                $104,160      4.50%     20/4/2044        115,416      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $105,997      5.00%     1/10/2048        115,299      0.00%
     Consumers    Energy   Co.                    $100,000      3.75%     15/2/2050        115,266      0.00%
     MetLife,   Inc.                        $90,000      4.60%     13/5/2046        115,242      0.00%
     Government    National   Mortgage   Association                $99,949      6.00%     20/6/2036        114,861      0.00%
     Prologis   LP                       $100,000      4.38%      1/2/2029        114,793      0.00%
                                304/362


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     Florida   Power  & Light  Co.                   $100,000      3.70%     1/12/2047        114,767      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $107,730      3.50%     1/10/2034        114,737      0.00%
     Duke  Realty  LP                      $110,000      2.88%     15/11/2029         114,712      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $109,000      3.00%      1/8/2033        114,604      0.00%
     Farmers   Insurance   Exchange＾                    $100,000      4.75%     1/11/2057        114,513      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $100,000      3.75%     25/11/2032         114,484      0.00%
     CommonSpirit     Health                     $100,000      4.35%     1/11/2042        114,383      0.00%
     Board  of Regents   of the University    of Texas  System            $100,000      3.35%     15/8/2047        114,377      0.00%
     WW  Grainger,   Inc.                     $100,000      3.75%     15/5/2046        114,279      0.00%
     American   International    Group,   Inc.                $100,000      4.25%     15/3/2029        114,198      0.00%
     Marvell   Technology,    Inc.                   $100,000      4.88%     22/6/2028        114,143      0.00%
     GATX  Corp.                        $100,000      4.55%     7/11/2028        114,047      0.00%
     AEP  Transmission     Co. LLC                   $100,000      3.80%     15/6/2049        113,939      0.00%
     DTE  Electric   Co.                      $100,000      3.75%     15/8/2047        113,705      0.00%
     Iowa  Health  System                      $100,000      3.67%     15/2/2050        113,666      0.00%
     President   & Fellows   of Harvard   College                $100,000      3.15%     15/7/2046        113,600      0.00%
     Black  Hills  Corp.                      $100,000      4.35%      1/5/2033        113,575      0.00%
     JPMorgan   Chase  & Co.                    $78,000      6.40%     15/5/2038        113,574      0.00%
     RPM  International,     Inc.                    $100,000      4.55%      1/3/2029        113,443      0.00%
     CubeSmart    LP                      $100,000      4.38%     15/2/2029        113,343      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $103,947      4.00%      1/2/2042        113,340      0.00%
     International    Flavors   & Fragrances,    Inc.              $100,000      4.45%     26/9/2028        113,304      0.00%
     Schlumberger     Holdings   Corp.                  $105,000      4.00%     21/12/2025         113,273      0.00%
     ERP  Operating    LP                     $100,000      4.15%     1/12/2028        113,235      0.00%
     Brown  & Brown,   Inc.                     $100,000      4.50%     15/3/2029        113,201      0.00%
     Northwestern     Mutual   Life Insurance   Co.              $100,000      3.85%     30/9/2047        112,926      0.00%
     Tampa  Electric   Co.                     $100,000      3.63%     15/6/2050        112,856      0.00%
     Federal   National   Mortgage   Association                 $106,706      3.50%      1/2/2033        112,813      0.00%
     Realty  Income   Corp.                     $100,000      4.88%      1/6/2026        112,738      0.00%
     CHRISTUS    Health                      $100,000      4.34%      1/7/2028        112,727      0.00%
     Benchmark    2018-B6   Mortgage   Trust                $100,000      4.44%     10/10/2051         112,703      0.00%
     Phillips   66 Partners   LP                    $110,000      2.45%     15/12/2024         112,673      0.00%
     E*TRADE    Financial   Corp.                   $100,000      4.50%     20/6/2028        112,648      0.00%
     AEP  Transmission     Co. LLC                   $100,000      3.75%     1/12/2047        112,533      0.00%
     BANK  2018＾                        $100,000      4.48%     15/9/2060        112,473      0.00%
     Toledo  Hospital                        $100,000      5.33%     15/11/2028         112,385      0.00%
     Raytheon   Technologies     Corp.                  $110,000      3.13%      1/7/2050        112,351      0.00%
     Federal   National   Mortgage   Association                 $106,628      3.50%     1/12/2025        112,263      0.00%
     Government    National   Mortgage   Association                $107,150      3.00%     20/7/2030        112,246      0.00%
     Prologis   LP                       $100,000      3.88%     15/9/2028        112,194      0.00%
     STORE   Capital   Corp.                     $100,000      4.63%     15/3/2029        112,117      0.00%
     Government    National   Mortgage   Association                $101,673      5.50%     20/1/2049        112,112      0.00%
     Federal   National   Mortgage   Association                 $104,767      4.50%      1/3/2029        112,078      0.00%
     Duke  Energy   Progress   LLC                   $100,000      3.70%     15/10/2046         111,976      0.00%
     Apollo  Management    Holdings   LP                 $85,000      5.00%     15/3/2048        111,919      0.00%
     Legg  Mason,   Inc.                      $100,000      4.75%     15/3/2026        111,869      0.00%
     Federal   National   Mortgage   Association                  $97,121      6.00%      1/4/2035        111,775      0.00%
     Citrix  Systems,   Inc.                     $110,000      3.30%      1/3/2030        111,607      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $100,000      3.42%     25/4/2032        111,582      0.00%
     Expedia   Group,   Inc.                     $100,000      5.00%     15/2/2026        111,541      0.00%
     Global  Payments,    Inc.                    $100,000      4.45%      1/6/2028        111,541      0.00%
     Micron   Technology,    Inc.                   $100,000      4.98%      6/2/2026        111,501      0.00%
                                305/362

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     Cleveland   Clinic  Foundation                     $75,000      4.86%      1/1/2114        111,470      0.00%
     Government    National   Mortgage   Association                $106,410      3.00%     20/6/2035        111,229      0.00%
     Zoetis,   Inc.                        $100,000      3.90%     20/8/2028        111,201      0.00%
     Walt  Disney  Co.                      $75,000      6.65%     15/11/2037         111,174      0.00%
     CF Industries,    Inc.                     $100,000      4.50%     1/12/2026        111,108      0.00%
     Adventist   Health  System                    $100,000      3.63%      1/3/2049        111,067      0.00%
     Huntsman    International    LLC                  $100,000      4.50%      1/5/2029        111,057      0.00%
     Block  Financial   LLC                     $100,000      5.25%     1/10/2025        111,047      0.00%
     Government    National   Mortgage   Association                $103,244      4.50%     20/9/2047        111,030      0.00%
     Cigna  Corp.                        $100,000      3.88%     15/10/2047         111,020      0.00%
     GATX  Corp.                        $106,000      3.25%     30/3/2025        110,927      0.00%
     Federal   National   Mortgage   Association                 $103,627      4.50%      1/3/2050        110,918      0.00%
     Valero  Energy   Partners   LP                  $100,000      4.50%     15/3/2028        110,860      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Digital  Realty  Trust  LP                    $100,000      4.75%     1/10/2025        110,858      0.00%
     Highwoods    Realty  LP                    $100,000      4.20%     15/4/2029        110,731      0.00%
     Philip  Morris  International,     Inc.                 $100,000      4.13%      4/3/2043        110,648      0.00%
     Spectrum   Health  System   Obligated   Group               $100,000      3.49%     15/7/2049        110,574      0.00%
     WP Carey,  Inc.                      $100,000      3.85%     15/7/2029        110,550      0.00%
     Federal   National   Mortgage   Association＾                 $100,000      3.37%     25/7/2028        110,541      0.00%
     Realty  Income   Corp.                     $100,000      4.13%     15/10/2026         110,500      0.00%
     Ameren   Illinois  Co.                     $100,000      3.80%     15/5/2028        110,353      0.00%
     Highwoods    Realty  LP                    $100,000      4.13%     15/3/2028        110,351      0.00%
     Bank  of America   Corp.＾                     $100,000      3.97%      7/2/2030        110,292      0.00%
     BP Capital   Markets   America,   Inc.                $100,000      3.63%      6/4/2030        110,289      0.00%
     County   of Riverside   CA                    $100,000      3.82%     15/2/2038        110,230      0.00%
     UBS  Commercial    Mortgage   Trust  2018＾               $100,000      4.22%     15/2/2051        110,196      0.00%
     Ovintiv   Exploration,    Inc.                   $100,000      5.63%      1/7/2024        110,188      0.00%
     Government    National   Mortgage   Association                $102,998      3.50%     15/3/2042        110,013      0.00%
     Starbucks   Corp.                       $100,000      3.75%     1/12/2047        110,003      0.00%
     Oklahoma    Gas & Electric   Co.                  $100,000      3.80%     15/8/2028        109,981      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $100,000      3.88%     15/6/2047        109,806      0.00%
     Black  Hills  Corp.                       $105,000      3.05%     15/10/2029         109,794      0.00%
     Textron,   Inc.                       $100,000      3.90%     17/9/2029        109,764      0.00%
     Roper  Technologies,     Inc.                   $100,000      3.80%     15/12/2026         109,735      0.00%
     Marathon   Oil Corp.                      $100,000      4.40%     15/7/2027        109,719      0.00%
     WRKCo,   Inc.                       $100,000      3.90%      1/6/2028        109,608      0.00%
     Physicians    Realty  LP                    $100,000      3.95%     15/1/2028        109,566      0.00%
     Hanover   Insurance   Group,   Inc.                 $100,000      4.50%     15/4/2026        109,513      0.00%
     WFRBS   Commercial    Mortgage   Trust  2014              $105,419      3.41%     15/8/2047        109,507      0.00%
     Guardian   Life Insurance   Co. of America                $100,000      3.70%     22/1/2070        109,443      0.00%
     MPLX  LP                        $100,000      4.88%      1/6/2025        109,431      0.00%
     AutoZone,    Inc.                       $100,000      3.75%      1/6/2027        109,407      0.00%
     Liberty   Mutual   Group,   Inc.                   $95,000      4.57%      1/2/2029        109,390      0.00%
     AT&T,  Inc.                       GBP50,000       7.00%     30/4/2040        109,346      0.00%
     Pioneer   Natural   Resources    Co.                 $100,000      4.45%     15/1/2026        109,343      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $100,000      3.29%     25/11/2027         109,328      0.00%
     Owens  Corning                        $100,000      3.88%      1/6/2030        109,258      0.00%
     US Treasury   Bond                      $86,000      6.13%     15/11/2027         109,207      0.00%
     Edison  International                        $100,000      4.95%     15/4/2025        109,041      0.00%
                                306/362


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     Oshkosh   Corp.                       $105,000      3.10%      1/3/2030        109,009      0.00%
     RPM  International,     Inc.                    $100,000      3.75%     15/3/2027        108,980      0.00%
     Kroger   Co.                        $100,000      3.70%      1/8/2027        108,978      0.00%
     Realty  Income   Corp.                     $100,000      3.65%     15/1/2028        108,898      0.00%
     Baxter  International,     Inc.                   $100,000      3.50%     15/8/2046        108,870      0.00%
     Government    National   Mortgage   Association                $100,534      4.00%     20/6/2044        108,850      0.00%
     UBS  Commercial    Mortgage   Trust  2017＾               $100,000      4.06%     15/12/2050         108,833      0.00%
     L3Harris   Technologies,     Inc.                  $100,000      3.85%     15/12/2026         108,795      0.00%
     Interstate   Power  & Light  Co.                  $100,000      3.60%      1/4/2029        108,779      0.00%
     Willis  North  America,   Inc.                   $100,000      3.88%     15/9/2049        108,701      0.00%
     Charles   Schwab   Corp.                     $102,000      3.63%      1/4/2025        108,697      0.00%
     E*TRADE    Financial   Corp.                   $100,000      3.80%     24/8/2027        108,602      0.00%
     Marsh  & McLennan    Cos,  Inc.                  $100,000      3.75%     14/3/2026        108,579      0.00%
     RenaissanceRe     Holdings   Ltd.                  $100,000      3.60%     15/4/2029        108,529      0.00%
     Vulcan  Materials   Co.                     $100,000      4.50%      1/4/2025        108,438      0.00%
     Government    National   Mortgage   Association                $104,753      2.50%     20/2/2028        108,372      0.00%
     District   of Columbia                       $85,000      5.59%     1/12/2034        108,367      0.00%
     Trimble,   Inc.                       $100,000      4.75%     1/12/2024        108,352      0.00%
     Southwest    Gas Corp.                     $100,000      3.80%     29/9/2046        108,343      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $104,337      3.00%     1/11/2039        108,309      0.00%
     GATX  Corp.                        $100,000      3.85%     30/3/2027        108,183      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $103,420      3.00%     1/10/2026        108,180      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2017         $100,000      3.54%     15/11/2052         108,150      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2016             $100,000      3.64%     15/12/2059         108,070      0.00%
     Williams   Cos,  Inc.                      $100,000      3.75%     15/6/2027        108,044      0.00%
     Federal   National   Mortgage   Association                  $95,624      5.50%      1/2/2033        107,983      0.00%
     Hyatt  Hotels  Corp.                      $100,000      4.38%     15/9/2028        107,970      0.00%
     Hershey   Co.                       $100,000      3.13%     15/11/2049         107,897      0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.            $100,000      3.40%      7/2/2028        107,876      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $98,870      5.00%      1/4/2049        107,805      0.00%
     Constellation     Brands,   Inc.                   $100,000      3.50%      9/5/2027        107,796      0.00%
     Sales  Tax Securitization     Corp.                  $100,000      3.59%      1/1/2043        107,790      0.00%
     Federal   National   Mortgage   Association                 $101,064      3.50%      1/4/2046        107,698      0.00%
     Martin  Marietta   Materials,   Inc.                 $100,000      3.50%     15/12/2027         107,698      0.00%
     Hubbell,   Inc.                       $100,000      3.50%     15/2/2028        107,684      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Roper  Technologies,     Inc.                   $100,000      3.85%     15/12/2025         107,682      0.00%
     ERAC  USA  Finance   LLC                   $100,000      3.80%     1/11/2025        107,632      0.00%
     Jackson   National   Life Global  Funding                 $100,000      3.88%     11/6/2025        107,597      0.00%
     Government    National   Mortgage   Association                $100,118      4.50%     20/5/2047        107,543      0.00%
     Burlington    Resources    LLC                   $75,000      7.40%     1/12/2031        107,519      0.00%
     UBS  Commercial    Mortgage   Trust  2017               $100,000      3.47%     15/11/2050         107,509      0.00%
     Hudson   Pacific  Properties    LP                  $100,000      3.95%     1/11/2027        107,490      0.00%
     Energy   Transfer   LP                     $100,000      4.00%     1/10/2027        107,440      0.00%
     Snap-on,   Inc.                       $100,000      3.25%      1/3/2027        107,427      0.00%
     Automatic    Data  Processing,    Inc.                 $100,000      3.38%     15/9/2025        107,392      0.00%
     O'Reilly   Automotive,    Inc.                   $100,000      3.55%     15/3/2026        107,324      0.00%
     Prudential    Financial,   Inc.＾                   $100,000      5.38%     15/5/2045        107,311      0.00%
     LC23  Commercial    Mortgage   Trust  2015               $100,000      3.77%     10/10/2048         107,220      0.00%
     Government    National   Mortgage   Association                $101,453      3.00%     15/7/2043        107,219      0.00%
                                307/362


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     Federal   National   Mortgage   Association                  $98,229      4.00%     1/10/2041        107,210      0.00%
     BANK  2017                        $100,000      3.62%     15/6/2060        107,206      0.00%
     Eaton  Vance  Corp.                      $100,000      3.50%      6/4/2027        107,174      0.00%
     PepsiCo,   Inc.                       $100,000      3.50%     17/7/2025        107,173      0.00%
     Federal   National   Mortgage   Association                  $99,830      3.50%      1/1/2044        107,079      0.00%
     Union  Pacific  Corp.                      $100,000      3.35%     15/8/2046        107,058      0.00%
     Parker-Hannifin     Corp.                     $100,000      3.25%      1/3/2027        107,003      0.00%
     Tanger   Properties    LP                    $100,000      3.88%     15/7/2027        107,002      0.00%
     National   Retail  Properties,    Inc.                 $100,000      3.60%     15/12/2026         106,995      0.00%
     GS Mortgage   Securities   Trust  2017                $100,000      3.64%     10/5/2050        106,987      0.00%
     Pennsylvania    Electric   Co.                   $100,000      3.60%      1/6/2029        106,933      0.00%
     JPMCC   Commercial    Mortgage   Securities   Trust  2017           $100,000      3.74%     15/7/2050        106,922      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2017             $100,000      3.70%     15/9/2050        106,909      0.00%
     American   Campus   Communities    Operating    Partnership    LP        $100,000      4.13%      1/7/2024        106,895      0.00%
     Government    National   Mortgage   Association                $99,472      5.00%     20/6/2048        106,859      0.00%
     NSTAR   Electric   Co.                     $100,000      3.20%     15/5/2027        106,855      0.00%
     Cleco  Corporate    Holdings   LLC                 $100,000      3.74%      1/5/2026        106,745      0.00%
     Brown  & Brown,   Inc.                     $100,000      4.20%     15/9/2024        106,733      0.00%
     Federal   National   Mortgage   Association                 $101,365      3.50%     1/10/2025        106,721      0.00%
     Roper  Technologies,     Inc.                    $95,000      4.20%     15/9/2028        106,714      0.00%
     Lowe's   Cos,  Inc.                      $100,000      3.38%     15/9/2025        106,664      0.00%
     DBJPM   17-C6  Mortgage   Trust＾                  $100,000      3.56%     10/6/2050        106,637      0.00%
     WP Carey,  Inc.                      $100,000      4.00%      1/2/2025        106,606      0.00%
     MidAmerican     Energy   Co.                   $100,000      3.10%      1/5/2027        106,599      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2015           $100,000      3.82%     15/7/2048        106,598      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2015             $100,000      3.66%     15/9/2058        106,575      0.00%
     Discovery    Communications      LLC                 $100,000      3.95%     15/6/2025        106,567      0.00%
     Affiliated   Managers   Group,   Inc.                 $100,000      3.50%      1/8/2025        106,501      0.00%
     Clorox  Co.                        $100,000      3.10%     1/10/2027        106,420      0.00%
     Toyota   Motor  Credit  Corp.                   $100,000      3.40%     14/4/2025        106,399      0.00%
     Sysco  Corp.                        $100,000      3.30%     15/7/2026        106,358      0.00%
     Private   Export  Funding   Corp.                  $105,000      1.75%     15/11/2024         106,333      0.00%
     Alexandria    Real  Estate  Equities,   Inc.               $100,000      3.45%     30/4/2025        106,309      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $100,000      3.15%     25/11/2025         106,290      0.00%
     Northrop   Grumman   Corp.                    $100,000      3.20%      1/2/2027        106,263      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $97,477      4.00%     1/10/2040        106,261      0.00%
     Cigna  Corp.                        $100,000      3.05%     15/10/2027         106,225      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2015             $100,000      3.64%     15/6/2048        106,206      0.00%
     GLP  Capital   LP/GLP   Financing   II, Inc.               $100,000      5.38%     1/11/2023        106,203      0.00%
     National   Fuel  Gas Co.                    $100,000      3.95%     15/9/2027        106,147      0.00%
     Keurig  Dr Pepper,   Inc.                    $100,000      3.40%     15/11/2025         106,139      0.00%
     ERAC  USA  Finance   LLC                   $100,000      3.30%     1/12/2026        106,134      0.00%
     Caterpillar    Financial   Services   Corp.                $100,000      3.25%     1/12/2024        106,110      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2015         $100,000      3.64%     15/10/2048         106,110      0.00%
     ITC  Holdings   Corp.                      $100,000      3.35%     15/11/2027         106,109      0.00%
     Kellogg   Co.                        $100,000      3.25%      1/4/2026        106,086      0.00%
     Westinghouse     Air Brake  Technologies     Corp.              $100,000      3.45%     15/11/2026         106,085      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $100,000      3.35%     1/11/2029        106,075      0.00%
     Philip  Morris  International,     Inc.                 $100,000      3.13%      2/3/2028        106,022      0.00%
     Atmos  Energy   Corp.                     $100,000      3.00%     15/6/2027        106,013      0.00%
     American   Electric   Power  Co.,  Inc.                $100,000      3.20%     13/11/2027         106,001      0.00%
     GS Mortgage   Securities   Trust  2017                $100,000      3.21%     10/11/2050         105,998      0.00%
                                308/362

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     Wells  Fargo  Commercial    Mortgage   Trust  2017             $100,000      3.32%     15/10/2050         105,941      0.00%
     Walt  Disney  Co.                      $100,000      3.70%     15/9/2024        105,926      0.00%
     Whirlpool   Corp.                       $100,000      4.00%      1/3/2024        105,925      0.00%
     Entergy   Louisiana   LLC                    $100,000      3.05%      1/6/2031        105,910      0.00%
     Texas  Eastern   Transmission     LP                 $100,000      3.50%     15/1/2028        105,851      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     LC17  Commercial    Mortgage   Trust  2014               $100,000      3.92%     10/10/2047         105,847      0.00%
     Federal   National   Mortgage   Association                 $100,000      2.58%     25/9/2031        105,811      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2015             $100,000      3.54%     15/5/2048        105,791      0.00%
     Public  Service   Electric   & Gas Co.                $100,000      3.00%     15/5/2027        105,774      0.00%
     Federal   National   Mortgage   Association                 $102,044      2.50%      1/7/2030        105,768      0.00%
     Fidelity   National   Financial,   Inc.                 $100,000      3.40%     15/6/2030        105,768      0.00%
     Aflac,  Inc.                        $100,000      3.25%     17/3/2025        105,763      0.00%
     Agilent   Technologies,     Inc.                   $100,000      3.05%     22/9/2026        105,634      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $100,285      3.00%      1/9/2043        105,630      0.00%
     Dominion   Energy   South  Carolina,   Inc.                $75,000      6.05%     15/1/2038        105,610      0.00%
     University    of California                      $75,000      5.95%     15/5/2045        105,582      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $100,652      3.00%      1/5/2029        105,567      0.00%
     Oracle  Corp.                        $100,000      3.25%     15/11/2027         105,566      0.00%
     Emory  University                        $100,000      2.97%      1/9/2050        105,506      0.00%
     Campbell   Soup  Co.                     $100,000      3.30%     19/3/2025        105,471      0.00%
     JPMDB   Commercial    Mortgage   Securities   Trust  2016           $100,000      3.14%     15/12/2049         105,445      0.00%
     3M Co.                         $100,000      3.13%     19/9/2046        105,419      0.00%
     Phillips   66 Partners   LP                    $100,000      3.61%     15/2/2025        105,395      0.00%
     San Jose  Redevelopment     Agency   Successor    Agency            $100,000      3.38%      1/8/2034        105,368      0.00%
     Federal   National   Mortgage   Association＾                  $98,441      3.09%     25/4/2027        105,315      0.00%
     Caterpillar    Financial   Services   Corp.                $100,000      3.65%     7/12/2023        105,303      0.00%
     Wells  Fargo  & Co.                     $100,000      3.30%      9/9/2024        105,263      0.00%
     PacifiCorp                           $75,000      6.35%     15/7/2038        105,247      0.00%
     MetLife,   Inc.                       $100,000      3.00%      1/3/2025        105,237      0.00%
     BANK  2017＾                        $100,000      4.07%     15/11/2050         105,191      0.00%
     University    of Chicago                      $100,000      3.00%     1/10/2052        105,139      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $100,000      3.17%     25/10/2024         105,115      0.00%
     Interstate   Power  & Light  Co.                  $75,000      6.25%     15/7/2039        105,077      0.00%
     Assurant,   Inc.                       $100,000      4.20%     27/9/2023        105,061      0.00%
     eBay,  Inc.                        $100,000      3.45%      1/8/2024        105,037      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $95,355      4.50%     1/10/2039        105,030      0.00%
     Federal   National   Mortgage   Association                  $95,350      4.50%      1/6/2040        105,027      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $100,000      3.02%     25/11/2025         105,022      0.00%
     LC15  Commercial    Mortgage   Trust  2014               $100,000      4.01%     10/4/2047        104,948      0.00%
     Union  Pacific  Corp.                      $100,000      2.75%      1/3/2026        104,917      0.00%
     IPALCO   Enterprises,    Inc.                   $100,000      3.70%      1/9/2024        104,781      0.00%
     Ventas   Realty  LP                      $100,000      3.50%     15/4/2024        104,744      0.00%
     Ryder  System,   Inc.                     $100,000      2.90%     1/12/2026        104,612      0.00%
     Aircastle   Ltd.                       $100,000      4.13%      1/5/2024        104,608      0.00%
     Government    National   Mortgage   Association                $95,958      4.00%     20/3/2042        104,603      0.00%
     Adventist   Health  System                     $100,000      2.95%      1/3/2029        104,601      0.00%
     AmerisourceBergen       Corp.                    $100,000      3.40%     15/5/2024        104,582      0.00%
     Black  Hills  Corp.                       $100,000      3.15%     15/1/2027        104,569      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2016             $100,000      2.92%     15/11/2049         104,562      0.00%
                                309/362


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     Reliance   Standard   Life Global  Funding   II              $100,000      3.85%     19/9/2023        104,523      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $99,545      3.00%      1/9/2035        104,520      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2013         $100,000      4.04%     15/11/2046         104,506      0.00%
     Ameriprise    Financial,   Inc.                   $100,000      3.00%      2/4/2025        104,466      0.00%
     Aircastle   Ltd.                       $100,000      5.00%      1/4/2023        104,452      0.00%
     Altria  Group,   Inc.                      $80,000      6.20%     14/2/2059        104,449      0.00%
     Federal   National   Mortgage   Association                 $100,000      2.35%     25/2/2031        104,372      0.00%
     CubeSmart    LP                      $100,000      3.00%     15/2/2030        104,336      0.00%
     Dallas  Fort  Worth  International    Airport                $100,000      2.99%     1/11/2038        104,313      0.00%
     UDR,  Inc.                        $100,000      3.00%     15/8/2031        104,235      0.00%
     Hudson   Pacific  Properties    LP                  $100,000      3.25%     15/1/2030        104,194      0.00%
     Citigroup   Commercial    Mortgage   Trust  2015              $100,000      3.14%     10/2/2048        104,094      0.00%
     PACCAR   Financial   Corp.                    $100,000      3.40%      9/8/2023        104,077      0.00%
     Chevron   Corp.                       $100,000      2.90%      3/3/2024        104,065      0.00%
     American   Honda  Finance   Corp.                  $100,000      3.45%     14/7/2023        104,034      0.00%
     Principal   Life Global  Funding   II                 $100,000      2.50%     16/9/2029        104,026      0.00%
     Guardian   Life Global  Funding                   $100,000      2.90%      6/5/2024        104,015      0.00%
     International    Business   Machines   Corp.                $100,000      3.38%      1/8/2023        103,961      0.00%
     Maryland   Health  & Higher  Educational    Facilities   Authority          $100,000      3.20%      1/7/2050        103,922      0.00%
     Baxter  International,     Inc.                   $100,000      2.60%     15/8/2026        103,836      0.00%
     Keurig  Dr Pepper,   Inc.                    $100,000      3.13%     15/12/2023         103,767      0.00%
     Hershey   Co.                       $100,000      2.30%     15/8/2026        103,736      0.00%
     Eversource    Energy                      $100,000      2.90%     1/10/2024        103,722      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $100,000      2.75%      1/6/2024        103,663      0.00%
     Federal   National   Mortgage   Association                  $95,728      4.50%      1/6/2031        103,659      0.00%
     Dominion   Energy,   Inc.                    $100,000      3.07%     15/8/2024        103,621      0.00%
     Northrop   Grumman   Corp.                    $100,000      3.25%      1/8/2023        103,616      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Toledo  Edison  Co.                      $75,000      6.15%     15/5/2037        103,549      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $100,000      3.53%     25/7/2023        103,448      0.00%
     Kinder  Morgan   Energy   Partners   LP                $100,000      3.50%      1/9/2023        103,429      0.00%
     Phillips   66                        $100,000      3.70%      6/4/2023        103,428      0.00%
     Permanent    University    Fund  -Texas  A&M  University    System         $100,000      3.10%      1/7/2049        103,409      0.00%
     Altria  Group,   Inc.                      $100,000      2.63%     16/9/2026        103,404      0.00%
     Federal   National   Mortgage   Association                  $96,778      3.50%      1/8/2037        103,078      0.00%
     Global  Payments,    Inc.                    $100,000      3.75%      1/6/2023        103,058      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $100,000      2.70%     1/11/2024        103,054      0.00%
     Bacardi   Ltd.                        $100,000      2.75%     15/7/2026        103,036      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2016             $100,000      3.42%     15/11/2059         103,032      0.00%
     ONEOK,   Inc.                       $100,000      2.75%      1/9/2024        103,019      0.00%
     Boston   Properties    LP                    $100,000      3.13%      1/9/2023        102,979      0.00%
     Duke  Energy   Florida   Project   Finance   LLC              $100,000      2.54%      1/9/2029        102,941      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $93,456      4.50%      1/9/2044        102,886      0.00%
     Southern   California   Edison  Co.                 $100,000      3.40%      1/6/2023        102,841      0.00%
     CenterPoint    Energy,   Inc.                   $100,000      2.50%      1/9/2024        102,818      0.00%
     Newmont   Corp.                       $100,000      2.80%     1/10/2029        102,813      0.00%
     Magellan   Midstream    Partners   LP                 $85,000      5.15%     15/10/2043         102,790      0.00%
     Baltimore   Gas & Electric   Co.                  $100,000      2.40%     15/8/2026        102,785      0.00%
     American   Tower  Corp.                     $100,000      3.50%     31/1/2023        102,710      0.00%
     Maryland   Health  & Higher  Educational    Facilities   Authority          $100,000      3.05%      1/7/2040        102,616      0.00%
                                310/362


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     Stanley   Black  & Decker,   Inc.＾                  $100,000      4.00%     15/3/2060        102,584      0.00%
     Duke  Energy   Carolinas   LLC                  $100,000      3.05%     15/3/2023        102,556      0.00%
     BP Capital   Markets   America,   Inc.                $100,000      2.75%     10/5/2023        102,536      0.00%
     PACCAR   Financial   Corp.                    $100,000      2.15%     15/8/2024        102,511      0.00%
     Dollar  General   Corp.                     $100,000      3.25%     15/4/2023        102,496      0.00%
     American   Assets  Trust  LP                  $100,000      3.38%      1/2/2031        102,465      0.00%
     Wisconsin    Electric   Power  Co.                  $100,000      2.05%     15/12/2024         102,462      0.00%
     Brandywine    Operating    Partnership    LP               $100,000      3.95%     15/2/2023        102,441      0.00%
     Mohawk   Industries,    Inc.                    $100,000      3.85%      1/2/2023        102,421      0.00%
     Southwestern     Public  Service   Co.                 $90,000      3.75%     15/6/2049        102,420      0.00%
     PacifiCorp                          $100,000      2.95%      1/6/2023        102,414      0.00%
     University    of Southern   California                   $100,000      3.23%     1/10/2120        102,403      0.00%
     Kimberly-Clark     Corp.                     $100,000      2.40%      1/6/2023        102,378      0.00%
     Kansas   City  Southern                      $100,000      3.00%     15/5/2023        102,360      0.00%
     Government    National   Mortgage   Association                $90,429      5.00%     20/2/2043        102,328      0.00%
     Wells  Fargo  & Co.                    CA($)125,000        2.98%     19/5/2026        102,318      0.00%
     General   Electric   Co.                     $100,000      3.10%      9/1/2023        102,213      0.00%
     Southern   Co.＾                       $100,000      4.00%     15/1/2051        102,207      0.00%
     Welltower,    Inc.                      $100,000      2.75%     15/1/2031        102,181      0.00%
     Plains  All American   Pipeline   LP/PAA   Finance   Corp.           $100,000      4.30%     31/1/2043        102,072      0.00%
     Amgen,   Inc.                        $100,000      2.25%     19/8/2023        102,046      0.00%
     Berkshire   Hathaway   Energy   Co.                 $100,000      2.80%     15/1/2023        102,040      0.00%
     Zoetis,   Inc.                        $100,000      3.25%      1/2/2023        101,925      0.00%
     Benchmark    2018-B2   Mortgage   Trust                $100,000      3.66%     15/2/2051        101,907      0.00%
     eBay,  Inc.                        $100,000      2.75%     30/1/2023        101,881      0.00%
     North  Texas  Tollway   Authority                   $100,000      3.01%      1/1/2043        101,881      0.00%
     Black  Hills  Corp.                       $95,000      3.95%     15/1/2026        101,863      0.00%
     Public  Service   Co. of New  Hampshire                  $90,000      3.60%      1/7/2049        101,851      0.00%
     Georgia   Power  Co.                     $100,000      2.65%     15/9/2029        101,849      0.00%
     Boston   Properties    LP                     $95,000      3.65%      1/2/2026        101,818      0.00%
     Metropolitan    Edison  Co.                   $100,000      3.50%     15/3/2023        101,799      0.00%
     City  of Philadelphia    PA Water  & Wastewater    Revenue           $100,000      2.93%      1/7/2045        101,773      0.00%
     Oracle  Corp.                        $100,000      2.63%     15/2/2023        101,770      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $98,201      2.50%      1/9/2027        101,760      0.00%
     Norfolk   Southern   Corp.                    $100,000      2.90%     15/2/2023        101,694      0.00%
     General   Electric   Co.                     $100,000      3.15%      7/9/2022        101,653      0.00%
     Air Lease  Corp.                       $100,000      2.75%     15/1/2023        101,628      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $97,434      3.00%     1/12/2047        101,606      0.00%
     PACCAR   Financial   Corp.                    $100,000      1.80%      6/2/2025        101,568      0.00%
     Equitable   Holdings,   Inc.                    $98,000      3.90%     20/4/2023        101,523      0.00%
     AvalonBay    Communities,     Inc.                  $100,000      2.30%      1/3/2030        101,516      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $100,000      2.64%     25/1/2023        101,470      0.00%
     Connecticut    Light  & Power  Co.                  $95,000      3.20%     15/3/2027        101,414      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $96,481      3.00%     1/12/2035        101,303      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $99,294      3.11%     25/2/2023        101,288      0.00%
     Banner   Health                        $100,000      2.34%      1/1/2030        101,256      0.00%
     American   Honda  Finance   Corp.                  $100,000      2.00%     24/3/2028        101,163      0.00%
     Ventas   Realty  LP                      $75,000      5.70%     30/9/2043        101,083      0.00%
     T-Mobile   USA,  Inc.                     $100,000      2.40%     15/3/2029        100,958      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
                                311/362


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     Ameren   Illinois  Co.                      $95,000      3.25%     15/3/2050        100,924      0.00%
     Cargill,   Inc.                        $100,000      1.38%     23/7/2023        100,813      0.00%
     Boeing  Co.                        $100,000      1.88%     15/6/2023        100,801      0.00%
     Government    National   Mortgage   Association                $89,073      5.00%     20/2/2040        100,779      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $99,701      2.01%     25/7/2035        100,745      0.00%
     Air Products   & Chemicals,    Inc.                 $100,000      2.05%     15/5/2030        100,606      0.00%
     Las Vegas  Sands  Corp.                     $100,000      3.90%      8/8/2029        100,574      0.00%
     Molson   Coors  International    LP               CA($)125,000        2.84%     15/7/2023        100,550      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $95,179      3.50%     1/10/2025        100,241      0.00%
     Federal   National   Mortgage   Association                  $93,210      4.00%     1/12/2038         99,963      0.00%
     Baxalta,   Inc.                        $75,000      5.25%     23/6/2045         99,729      0.00%
     Commonwealth     of Massachusetts                    $100,000      2.51%      1/7/2041        99,681      0.00%
     State  of California                        $90,000      3.50%      1/4/2028        99,664      0.00%
     Federal   National   Mortgage   Association                  $75,000      6.25%     15/5/2029         99,633      0.00%
     Pioneer   Natural   Resources    Co.                 $100,000      0.55%     15/5/2023         99,633      0.00%
     Government    National   Mortgage   Association                $91,273      4.00%     20/8/2040         99,609      0.00%
     Kroger   Co.                        $100,000      2.20%      1/5/2030        99,553      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $89,974      4.50%      1/4/2044        99,091      0.00%
     Cargill,   Inc.                        $100,000      2.13%     23/4/2030         99,088      0.00%
     Government    National   Mortgage   Association                $90,695      4.00%     20/12/2041         98,952      0.00%
     Johnson   Controls   International    plc                $94,000      3.63%      2/7/2024        98,934      0.00%
     Arizona   Public  Service   Co.                   $95,000      3.50%     1/12/2049         98,873      0.00%
     Spirit  Realty  LP                      $90,000      4.00%     15/7/2029         98,863      0.00%
     Pioneer   Natural   Resources    Co.                 $100,000      0.75%     15/1/2024         98,860      0.00%
     Lennox   International,     Inc.                   $100,000      1.35%      1/8/2025        98,849      0.00%
     Texas  Instruments,    Inc.                    $100,000      1.90%     15/9/2031         98,702      0.00%
     State  of California                       $100,000      1.75%     1/11/2030         98,603      0.00%
     University    of Michigan                      $100,000      2.56%      1/4/2050        98,418      0.00%
     Lockheed   Martin  Corp.                    $100,000      1.85%     15/6/2030         98,413      0.00%
     Mid-America    Apartments    LP                  $95,000      2.75%     15/3/2030         98,349      0.00%
     Eastern   Gas Transmission     & Storage,   Inc.              $93,000      3.60%     15/12/2024         98,302      0.00%
     Federal   National   Mortgage   Association＾                 $100,000      1.60%     25/4/2031         98,225      0.00%
     Philip  Morris  International,     Inc.                 $100,000      2.10%      1/5/2030        98,181      0.00%
     AXIS  Specialty   Finance   LLC                   $90,000      3.90%     15/7/2029         98,162      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $96,257      2.45%     25/8/2023         98,049      0.00%
     Amphenol   Corp.                       $100,000      2.20%     15/9/2031         98,009      0.00%
     Hershey   Co.                       $100,000      1.70%      1/6/2030        97,866      0.00%
     MultiCare    Health  System                    $100,000      2.80%     15/8/2050         97,811      0.00%
     Cabot  Corp.                        $90,000      4.00%      1/7/2029        97,636      0.00%
     ONE  Gas,  Inc.                       $100,000      2.00%     15/5/2030         97,622      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $99,834      1.34%     25/9/2030         97,620      0.00%
     National   Securities   Clearing   Corp.                 $100,000      0.75%     7/12/2025         97,604      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $96,649      2.49%     25/11/2024         97,452      0.00%
     Pioneer   Natural   Resources    Co.                 $100,000      1.13%     15/1/2026         97,267      0.00%
     Federal   National   Mortgage   Association                  $93,774      2.50%      1/1/2035        97,013      0.00%
     Public  Service   Electric   & Gas Co.                 $90,000      3.20%     15/5/2029         97,004      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $90,538      3.59%     25/10/2027         97,000      0.00%
     Federal   National   Mortgage   Association＾                 $100,000      1.63%     25/3/2033         96,901      0.00%
     Edison  International                        $95,000      3.13%     15/11/2022         96,411      0.00%
     Government    National   Mortgage   Association                $91,771      3.00%     20/3/2045         96,270      0.00%
     Enbridge   Energy   Partners   LP                  $75,000      5.50%     15/9/2040         96,217      0.00%
     Healthcare    Trust  of America   Holdings   LP              $90,000      3.50%      1/8/2026        96,166      0.00%
                                312/362

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     AvalonBay    Communities,     Inc.                  $75,000      4.35%     15/4/2048         95,995      0.00%
     Children's    Hospital   Corp.                    $100,000      2.59%      1/2/2050        95,939      0.00%
     Southern   California   Edison  Co.                 $100,000      2.95%      1/2/2051        95,933      0.00%
     Federal   National   Mortgage   Association                  $89,325      3.50%      1/3/2042        95,840      0.00%
     Valmont   Industries,    Inc.                    $75,000      5.25%     1/10/2054         95,788      0.00%
     Sales  Tax Securitization     Corp.                   $85,000      3.82%      1/1/2048        95,785      0.00%
     Home  Depot,  Inc.                      $100,000      0.90%     15/3/2028         95,497      0.00%
     Entergy   Texas,  Inc.                     $90,000      3.55%     30/9/2049         95,404      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.              $80,000      4.30%     1/12/2056         95,301      0.00%
     Federal   National   Mortgage   Association                  $82,826      6.00%      1/3/2036        95,151      0.00%
     Federal   National   Mortgage   Association                  $88,060      3.50%      1/6/2045        95,010      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $84,418      5.00%      1/3/2038        94,850      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $91,234      2.50%      1/7/2036        94,513      0.00%
     Boeing  Co.                        $90,000      3.45%     1/11/2028         94,464      0.00%
     Packaging    Corp.  of America                    $90,000      3.00%     15/12/2029         94,147      0.00%
     Sixth  Street  Specialty   Lending,   Inc.                $90,000      3.88%     1/11/2024         94,090      0.00%
     Government    National   Mortgage   Association                $89,674      3.00%     20/12/2029         93,921      0.00%
     Government    National   Mortgage   Association                $87,315      4.00%     15/6/2046         93,918      0.00%
     Government    National   Mortgage   Association                $84,794      5.00%     15/11/2034         93,911      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Citigroup,    Inc.＾                       $85,000      4.08%     23/4/2029         93,723      0.00%
     Blackstone    Holdings   Finance   Co. LLC               $100,000      1.60%     30/3/2031         93,634      0.00%
     Northwestern     University                      $75,000      3.66%     1/12/2057         93,614      0.00%
     City  of San Francisco   CA Public  Utilities   Commission    Water
                                $95,000      2.83%     1/11/2041         93,598      0.00%
       Revenue
     Johnson   Controls   International    plc                $72,000      4.95%      2/7/2064        93,574      0.00%
     Government    National   Mortgage   Association                $86,948      4.50%     20/3/2047         93,397      0.00%
     Regency   Centers   LP                     $90,000      2.95%     15/9/2029         93,354      0.00%
     Southern   California   Edison  Co.                  $75,000      5.55%     15/1/2037         93,309      0.00%
     Hasbro,   Inc.                        $75,000      5.10%     15/5/2044         93,248      0.00%
     National   Grid  USA                      $75,000      5.80%      1/4/2035        93,159      0.00%
     Government    National   Mortgage   Association                $82,322      5.00%     20/5/2039         93,141      0.00%
     DTE  Energy   Co.                      $90,000      2.95%      1/3/2030        92,982      0.00%
     Federal   National   Mortgage   Association                  $87,179      3.50%      1/1/2035        92,800      0.00%
     Boeing  Co.                        $90,000      3.85%     1/11/2048         92,716      0.00%
     Principal   Financial   Group,   Inc.                  $75,000      4.30%     15/11/2046         92,434      0.00%
     Interpublic    Group  of Cos,  Inc.                  $87,000      4.20%     15/4/2024         92,322      0.00%
     Government    National   Mortgage   Association                $88,692      2.50%     20/9/2031         92,105      0.00%
     Federal   National   Mortgage   Association                  $84,078      4.00%      1/2/2045        92,060      0.00%
     Kimco  Realty  Corp.                      $80,000      4.25%      1/4/2045        92,027      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $84,550      4.00%      1/4/2044        91,906      0.00%
     Wisconsin    Electric   Power  Co.                  $75,000      4.30%     15/10/2048         91,861      0.00%
     Southern   Power  Co.                     $75,000      4.95%     15/12/2046         91,860      0.00%
     Federal   National   Mortgage   Association                  $88,550      2.50%      1/2/2037        91,771      0.00%
     Federal   National   Mortgage   Association                  $88,070      2.50%      1/6/2030        91,284      0.00%
     JP Morgan   Chase  Commercial    Mortgage   Securities   Trust  2012        $90,748      2.83%     15/10/2045         91,260      0.00%
     Colgate-Palmolive      Co.                     $75,000      3.70%      1/8/2047        91,259      0.00%
     Federal   National   Mortgage   Association                  $83,562      4.00%     1/11/2046         91,085      0.00%
     Federal   National   Mortgage   Association                  $84,928      4.50%      1/4/2049        90,896      0.00%
     Southwestern     Public  Service   Co.                 $75,000      4.50%     15/8/2041         90,821      0.00%
                                313/362


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     Federal   National   Mortgage   Association                  $84,959      3.50%      1/8/2032        90,629      0.00%
     AEP  Transmission     Co. LLC                   $75,000      4.25%     15/9/2048         90,611      0.00%
     Government    National   Mortgage   Association                $78,285      6.00%     20/10/2038         90,582      0.00%
     Dartmouth-Hitchcock         Health                   $75,000      4.18%      1/8/2048        90,489      0.00%
     Georgetown    University                       $90,000      2.94%      1/4/2050        90,445      0.00%
     BNSF  Funding   Trust  I＾                    $80,000      6.61%     15/12/2055         90,392      0.00%
     Parker-Hannifin     Corp.                     $75,000      4.45%     21/11/2044         90,377      0.00%
     Orlando   Health  Obligated   Group                  $75,000      4.09%     1/10/2048         90,253      0.00%
     State  of Texas                        $85,000      3.21%      1/4/2044        90,120      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $79,002      5.50%      1/7/2037        89,755      0.00%
     Honeywell    International,     Inc.                   $75,000      3.81%     21/11/2047         89,593      0.00%
     Government    National   Mortgage   Association                $83,385      4.00%     20/9/2046         89,469      0.00%
     Public  Service   Co. of Colorado                    $75,000      4.10%     15/6/2048         89,458      0.00%
     Principal   Life Global  Funding   II                 $85,000      3.00%     18/4/2026         89,269      0.00%
     Goldman   Sachs  Group,   Inc.                  GBP50,000       7.25%     10/4/2028         88,890      0.00%
     STORE   Capital   Corp.                     $80,000      4.50%     15/3/2028         88,749      0.00%
     Church   & Dwight   Co.,  Inc.                   $75,000      3.95%      1/8/2047        88,634      0.00%
     Federal   National   Mortgage   Association                  $81,129      5.00%     1/12/2049         88,567      0.00%
     Corning,   Inc.                        $75,000      4.70%     15/3/2037         88,446      0.00%
     Government    National   Mortgage   Association                $78,130      5.00%     20/11/2039         88,398      0.00%
     University    of Southern   California                   $75,000      3.84%     1/10/2047         88,240      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $80,923      4.00%     1/11/2040         88,215      0.00%
     Indianapolis    Power  & Light  Co.                  $75,000      4.05%      1/5/2046        88,110      0.00%
     California   State  University                     $75,000      3.90%     1/11/2047         88,098      0.00%
     Federal   National   Mortgage   Association                  $83,769      3.00%     1/10/2045         87,994      0.00%
     Federal   National   Mortgage   Association                  $79,843      4.50%      1/1/2045        87,836      0.00%
     Union  Pacific  Corp.                      $75,000      3.80%     1/10/2051         87,800      0.00%
     California   Institute   of Technology                    $75,000      3.65%      1/9/2119        87,782      0.00%
     Boardwalk    Pipelines   LP                    $80,000      4.45%     15/7/2027         87,734      0.00%
     Federal   National   Mortgage   Association                  $77,350      5.50%      1/9/2034        87,535      0.00%
     Dow  Chemical   Co.                      $75,000      4.80%     30/11/2028         87,502      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $79,305      4.00%     1/11/2041         87,300      0.00%
     Kinder  Morgan   Energy   Partners   LP                $75,000      5.00%     15/8/2042         87,271      0.00%
     Eaton  Corp.                         $75,000      3.92%     15/9/2047         87,148      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $75,000      3.80%     30/9/2047         87,034      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $75,000      3.99%     25/5/2033         86,864      0.00%
     Government    National   Mortgage   Association                $78,731      4.50%     20/1/2045         86,864      0.00%
     Loews  Corp.                        $65,000      6.00%      1/2/2035        86,650      0.00%
     Federal   National   Mortgage   Association                  $77,143      5.00%     1/12/2039         86,631      0.00%
     Kellogg   Co.                        $84,000      2.65%     1/12/2023         86,601      0.00%
     Mount  Sinai  Hospitals   Group,   Inc.                 $75,000      3.98%      1/7/2048        86,349      0.00%
     State  Public  School  Building   Authority                 $75,000      5.00%     15/9/2027         86,344      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Regency   Centers   LP                     $80,000      3.60%      1/2/2027        86,170      0.00%
     Permanent    University    Fund  -University    of Texas  System          $75,000      3.38%      1/7/2047        85,949      0.00%
     Federal   National   Mortgage   Association                  $75,671      5.50%      1/2/2037        85,823      0.00%
     Northwell   Healthcare,    Inc.                   $75,000      3.98%     1/11/2046         85,767      0.00%
     Baltimore   Gas & Electric   Co.                  $75,000      3.75%     15/8/2047         85,290      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.              $75,000      4.00%     15/11/2057         85,155      0.00%
     Hudson   Pacific  Properties    LP                  $75,000      4.65%      1/4/2029        85,051      0.00%
                                314/362


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     Government    National   Mortgage   Association                $79,103      4.50%     20/11/2047         84,992      0.00%
     Federal   National   Mortgage   Association                  $75,277      5.50%      1/6/2033        84,929      0.00%
     Northern   States  Power  Co.                   $75,000      3.60%     15/5/2046         84,684      0.00%
     Arch  Capital   Group  US, Inc.                   $65,000      5.14%     1/11/2043         84,663      0.00%
     UBS  Commercial    Mortgage   Trust  2018＾                $75,000      4.59%     15/10/2051         84,518      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $77,578      4.50%      1/5/2028        84,393      0.00%
     Government    National   Mortgage   Association                $77,331      4.00%     20/6/2041         84,370      0.00%
     Public  Service   Electric   & Gas Co.                 $75,000      3.60%     1/12/2047         84,333      0.00%
     Mercy  Health                        $75,000      4.30%      1/7/2028        84,305      0.00%
     Federal   National   Mortgage   Association                  $77,320      4.00%      1/8/2041        84,270      0.00%
     UBS  Commercial    Mortgage   Trust  2018                $80,771      4.21%     15/10/2051         84,106      0.00%
     Government    National   Mortgage   Association                $79,963      3.00%     20/2/2045         84,061      0.00%
     Advocate   Health  & Hospitals   Corp.                 $75,000      3.83%     15/8/2028         83,656      0.00%
     GM Financial   Consumer    Automobile    Receivables    Trust  2018        $83,254      3.02%     18/12/2023         83,612      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $79,153      3.50%     1/11/2048         83,580      0.00%
     National   Rural  Utilities   Cooperative    Finance   Corp.            $75,000      3.90%     1/11/2028         83,404      0.00%
     United  Airlines   2016-1  Class  A Pass  Through   Trust            $82,839      3.45%      7/7/2028        83,313      0.00%
     Federal   National   Mortgage   Association                  $78,076      3.50%      1/2/2034        83,267      0.00%
     Federal   National   Mortgage   Association                  $78,833      3.50%     1/12/2029         83,133      0.00%
     Sutter  Health                        $75,000      3.70%     15/8/2028         82,593      0.00%
     Public  Service   Co. of Colorado                    $75,000      3.70%     15/6/2028         82,474      0.00%
     Penske   Truck  Leasing   Co. LP/PTL   Finance   Corp.            $75,000      4.45%     29/1/2026         82,386      0.00%
     BorgWarner,    Inc.                      $78,000      3.38%     15/3/2025         82,365      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $75,000      3.08%     25/1/2031         82,243      0.00%
     AutoZone,    Inc.                       $75,000      3.75%     18/4/2029         82,077      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $73,025      5.00%      1/8/2035        82,062      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates＾          $75,000      3.30%     25/11/2027         81,996      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $74,389      4.50%      1/3/2042        81,979      0.00%
     Principal   Life Global  Funding   II                 $80,000      2.25%     21/11/2024         81,886      0.00%
     Federal   National   Mortgage   Association                  $76,288      4.00%      1/9/2038        81,815      0.00%
     Federal   National   Mortgage   Association                  $78,153      3.00%     1/12/2028         81,794      0.00%
     University    of Nebraska   Facilities   Corp.                $75,000      3.04%     1/10/2049         81,683      0.00%
     Healthpeak    Properties,    Inc.                   $75,000      3.50%     15/7/2029         81,374      0.00%
     State  of California                        $75,000      3.05%      1/4/2029        81,319      0.00%
     S&P  Global,   Inc.                       $75,000      4.00%     15/6/2025         81,284      0.00%
     Southwest    Gas Corp.                      $75,000      3.70%      1/4/2028        81,242      0.00%
     Federal   National   Mortgage   Association                  $72,350      5.00%      1/5/2040        81,191      0.00%
     Government    National   Mortgage   Association                $72,580      5.00%     15/7/2040         81,163      0.00%
     Government    National   Mortgage   Association                $72,850      4.50%     20/7/2040         81,007      0.00%
     RenaissanceRe     Finance,   Inc.                   $76,000      3.70%      1/4/2025        80,706      0.00%
     State  of Wisconsin                        $75,000      3.15%      1/5/2027        80,696      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $74,600      4.00%      1/4/2045        80,646      0.00%
     JPMDB   Commercial    Mortgage   Securities   Trust  2017           $75,000      3.41%     15/10/2050         80,644      0.00%
     Federal   National   Mortgage   Association＾                  $79,817      2.41%     25/3/2023         80,603      0.00%
     Phillips   66 Partners   LP                    $75,000      3.75%      1/3/2028        80,581      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2015             $75,000      3.84%     15/9/2058         80,462      0.00%
     LifeStorage    LP                       $75,000      3.50%      1/7/2026        80,305      0.00%
     American   Tower  Corp.                     $75,000      4.00%      1/6/2025        80,286      0.00%
     Federal   National   Mortgage   Association                  $72,788      4.50%      1/3/2046        80,207      0.00%
     Los Angeles   County   Public  Works  Financing   Authority            $50,000      7.62%      1/8/2040        80,190      0.00%
     Foothill-Eastern      Transportation     Corridor   Agency             $75,000      4.09%     15/1/2049         79,939      0.00%
     Government    National   Mortgage   Association                $73,231      4.00%     20/7/2041         79,898      0.00%
                                315/362

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     Tampa  Electric   Co.                     $65,000      4.30%     15/6/2048         79,879      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2017         $75,000      3.28%     15/11/2052         79,750      0.00%
     Healthpeak    Properties,    Inc.                   $75,000      3.25%     15/7/2026         79,712      0.00%
     Church   & Dwight   Co.,  Inc.                   $75,000      3.15%      1/8/2027        79,668      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $76,153      3.00%     1/11/2026         79,658      0.00%
     Citigroup,    Inc.                       $75,000      3.75%     16/6/2024         79,612      0.00%
     UBS  Commercial    Mortgage   Trust  2017＾                $75,000      3.74%     15/8/2050         79,503      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $73,614      4.00%     1/10/2046         79,471      0.00%
     BANK  2017                        $75,000      3.25%     15/7/2060         79,455      0.00%
     Commonwealth     Edison  Co.                   $75,000      2.95%     15/8/2027         79,436      0.00%
     Fifth  Third  Bancorp                       $75,000      4.30%     16/1/2024         79,333      0.00%
     Federal   National   Mortgage   Association                  $74,762      3.50%     1/10/2031         79,324      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2015         $75,000      3.53%     15/10/2048         79,310      0.00%
     Quest  Diagnostics,    Inc.                    $75,000      3.50%     30/3/2025         79,307      0.00%
     Entergy   Louisiana   LLC                     $75,000      3.12%      1/9/2027        79,194      0.00%
     Government    National   Mortgage   Association                $72,641      4.00%     20/7/2043         79,185      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.              $75,000      3.13%     15/11/2027         79,135      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $75,000      3.01%     25/7/2025         79,111      0.00%
     CCRE15   Commercial    Mortgage   Trust  2014＾              $75,000      4.69%     10/2/2047         79,060      0.00%
     Northern   Trust  Corp.＾                     $75,000      3.38%      8/5/2032        78,952      0.00%
     Wisconsin    Power  & Light  Co.                  $75,000      3.05%     15/10/2027         78,913      0.00%
     Federal   National   Mortgage   Association                  $69,717      5.50%      1/8/2037        78,838      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $75,000      3.06%     25/12/2024         78,753      0.00%
     Government    National   Mortgage   Association                $73,280      4.50%     20/7/2047         78,715      0.00%
     JPMDB   Commercial    Mortgage   Securities   Trust  2016           $75,000      3.14%     15/6/2049         78,613      0.00%
     NetApp,   Inc.                        $75,000      3.30%     29/9/2024         78,612      0.00%
     CSAIL  2015-C1   Commercial    Mortgage   Trust              $75,000      3.51%     15/4/2050         78,600      0.00%
     Burlington    Northern   Santa  Fe LLC                 $65,000      4.13%     15/6/2047         78,574      0.00%
     Raytheon   Technologies     Corp.                   $75,000      3.70%     15/12/2023         78,400      0.00%
     Boeing  Co.                        $75,000      3.60%      1/5/2034        78,388      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2015         $75,000      3.25%     15/2/2048         78,366      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $75,000      2.95%      1/4/2025        78,355      0.00%
     Energy   Transfer   LP                     $75,000      4.20%     15/9/2023         78,318      0.00%
     IHS Markit  Ltd.                       $75,000      4.13%      1/8/2023        78,307      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $72,740      4.50%      1/4/2050        78,039      0.00%
     UDR,  Inc.                         $75,000      2.95%      1/9/2026        78,033      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2015           $75,000      3.23%     15/10/2048         77,987      0.00%
     Duke  Energy   Progress   LLC                   $75,000      3.38%      1/9/2023        77,907      0.00%
     Federal   National   Mortgage   Association                  $75,000      2.58%     25/3/2026         77,817      0.00%
     Eaton  Vance  Corp.                      $75,000      3.63%     15/6/2023         77,816      0.00%
     Agilent   Technologies,     Inc.                   $75,000      3.88%     15/7/2023         77,731      0.00%
     New  York  State  Thruway   Authority                  $75,000      3.50%      1/1/2042        77,702      0.00%
     Alexandria    Real  Estate  Equities,   Inc.                $75,000      2.75%     15/12/2029         77,611      0.00%
     Air Lease  Corp.                       $75,000      2.88%     15/1/2026         77,351      0.00%
     Government    National   Mortgage   Association                $74,980      2.50%     20/9/2046         77,269      0.00%
     SITE  Centers   Corp.                      $75,000      3.90%     15/8/2024         77,244      0.00%
     American   Airlines   2016-1  Class  AA Pass  Through   Trust          $76,187      3.58%     15/1/2028         77,233      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2015             $74,415      3.57%     15/9/2058         77,219      0.00%
     LYB  International    Finance   BV                  $60,000      5.25%     15/7/2043         77,041      0.00%
                                316/362


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     Newmont   Corp.                       $55,000      6.25%     1/10/2039         77,030      0.00%
     Government    National   Mortgage   Association                $67,160      5.50%     20/8/2039         76,973      0.00%
     Government    National   Mortgage   Association                $70,510      4.00%     20/9/2040         76,950      0.00%
     Federal   National   Mortgage   Association                  $69,912      4.50%      1/8/2044        76,911      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $73,372      3.00%     1/10/2028         76,813      0.00%
     LC6  Commercial    Mortgage   Trust  2013＾                $75,000      4.24%     10/1/2046         76,710      0.00%
     Trinity  Acquisition    plc                    $70,000      4.40%     15/3/2026         76,706      0.00%
     Caterpillar    Financial   Services   Corp.                 $75,000      2.63%      1/3/2023        76,673      0.00%
     Federal   National   Mortgage   Association                  $72,907      3.00%     1/10/2032         76,480      0.00%
     Federal   Home  Loan  Banks                    $75,000      2.13%     10/3/2023         76,437      0.00%
     American   Express   Co.                     $75,000      2.65%     2/12/2022         76,425      0.00%
     Government    National   Mortgage   Association                $67,223      5.50%     15/8/2038         76,414      0.00%
     Federal   National   Mortgage   Association                  $69,285      4.50%      1/3/2040        76,317      0.00%
     Philip  Morris  International,     Inc.                  $75,000      2.13%     10/5/2023         76,133      0.00%
     JP Morgan   Chase  Commercial    Mortgage   Securities   Trust  2013        $75,000      3.50%     15/4/2046         76,043      0.00%
     Federal   National   Mortgage   Association                  $72,940      2.70%     25/2/2026         75,889      0.00%
     Pacific  Gas  & Electric   Co.                   $75,000      4.30%     15/3/2045         75,839      0.00%
     Benchmark    2018-B3   Mortgage   Trust                 $73,873      3.85%     10/4/2051         75,543      0.00%
     Banc  of America   Commercial    Mortgage   Trust  2017            $70,000      3.75%     15/2/2050         75,077      0.00%
     Tennessee    Valley    Authority                    $50,000      4.63%     15/9/2060         75,033      0.00%
     Martin  Marietta   Materials,   Inc.                  $75,000      0.65%     15/7/2023         74,735      0.00%
     Government    National   Mortgage   Association                $63,393      6.50%     20/10/2038         74,704      0.00%
     Federal   National   Mortgage   Association                  $71,095      3.00%      1/6/2032        74,579      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $69,963      4.00%      1/7/2048        74,494      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $71,613      2.50%      1/7/2035        74,091      0.00%
     Government    National   Mortgage   Association                $65,452      5.00%     20/5/2040         74,036      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $64,819      5.50%     1/12/2039         73,861      0.00%
     Federal   National   Mortgage   Association                  $70,484      3.00%      1/2/2029        73,768      0.00%
     Public  Service   Electric   & Gas Co.                 $70,000      3.15%      1/1/2050        73,664      0.00%
     Federal   National   Mortgage   Association                  $64,100      6.00%      1/2/2034        73,374      0.00%
     Citigroup   Commercial    Mortgage   Trust  2018              $68,980      3.96%     10/6/2051         73,355      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $63,954      6.00%      1/7/2033        73,238      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2013           $70,000      4.13%     15/11/2045         73,127      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $64,283      5.50%      1/2/2034        72,937      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Federal   Home  Loan  Mortgage   Corp.                $64,928      5.00%      1/5/2040         72,901      0.00%
     Welltower,    Inc.                      $50,000      6.50%     15/3/2041         72,804      0.00%
     Cardinal   Health,   Inc.                     $69,000      3.50%     15/11/2024         72,749      0.00%
     Owl  Rock  Capital   Corp.                    $70,000      3.75%     22/7/2025         72,576      0.00%
     UBS  Commercial    Mortgage   Trust  2017＾               $68,000      3.84%     15/10/2050         72,503      0.00%
     Baxalta,   Inc.                       $67,000      4.00%     23/6/2025         72,176      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $67,486      3.50%      1/9/2032         72,015      0.00%
     Tennessee    Valley    Authority                    $50,000      5.50%     15/6/2038         71,802      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $69,129      3.00%      1/1/2040         71,761      0.00%
     Federal   National   Mortgage   Association                 $69,862      2.59%     25/12/2024         71,684      0.00%
     Government    National   Mortgage   Association                $67,108      3.50%     15/11/2041         71,678      0.00%
     East  Bay Municipal   Utility  District   Water  System   Revenue          $50,000      5.87%      1/6/2040         71,436      0.00%
     Government    National   Mortgage   Association                $66,139      3.50%     20/2/2044         71,063      0.00%
     Government    National   Mortgage   Association                $66,228      3.50%     15/3/2045         70,715      0.00%
     Dallas  County   Hospital   District                  $50,000      5.62%     15/8/2044         70,247      0.00%
                                317/362


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     Federal   National   Mortgage   Association                 $62,242      5.00%      1/6/2040         69,847      0.00%
     Gulf  Power  Co.                      $65,000      3.30%     30/5/2027         69,731      0.00%
     AEP  Transmission     Co. LLC                   $60,000      4.00%     1/12/2046         69,709      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $52,000      5.30%      1/6/2042         69,688      0.00%
     Federal   National   Mortgage   Association                 $64,081      4.00%      1/8/2043         69,640      0.00%
     Rutgers   The  State  University    of New  Jersey              $65,000      3.27%      1/5/2043         69,380      0.00%
     Jefferies   Group  LLC                     $50,000      6.50%     20/1/2043         69,334      0.00%
     Energy   Transfer   LP                     $60,000      5.30%     15/4/2047         69,141      0.00%
     Federal   National   Mortgage   Association                 $62,632      4.50%      1/9/2041         68,998      0.00%
     Government    National   Mortgage   Association                $65,966      3.00%     20/5/2027         68,959      0.00%
     Federal   National   Mortgage   Association                 $63,644      4.50%      1/7/2031         68,917      0.00%
     Federal   National   Mortgage   Association                 $64,094      5.50%      1/1/2049         68,853      0.00%
     Federal   National   Mortgage   Association                 $65,210      3.00%      1/2/2044         68,700      0.00%
     University    of Virginia                      $50,000      4.18%      1/9/2117         68,646      0.00%
     Government    National   Mortgage   Association                $65,358      3.00%     20/9/2045         68,562      0.00%
     Federal   National   Mortgage   Association                 $66,729      2.62%     25/12/2024         68,527      0.00%
     Morgan   Stanley   Capital   ITrust  2016                $65,000      3.28%     15/11/2049         68,499      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $61,840      4.50%      1/3/2039         68,117      0.00%
     Federal   National   Mortgage   Association                 $62,858      4.50%      1/5/2031         68,065      0.00%
     Federal   National   Mortgage   Association                 $63,814      3.50%     1/12/2035         67,977      0.00%
     Burlington    Resources    LLC                   $50,000      5.95%     15/10/2036         67,703      0.00%
     Wells  Fargo  & Co.                     $50,000      5.95%     15/12/2036         67,657      0.00%
     Federal   National   Mortgage   Association                 $57,764      6.50%     1/11/2036         67,563      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $62,810      3.50%      1/5/2037         66,939      0.00%
     Hackensack    Meridian   Health,   Inc.                $50,000      4.50%      1/7/2057         66,856      0.00%
     Puget  Sound  Energy,   Inc.                   $50,000      5.64%     15/4/2041         66,852      0.00%
     Zimmer   Biomet   Holdings,   Inc.                  $50,000      5.75%     30/11/2039         66,739      0.00%
     Federal   National   Mortgage   Association                 $61,152      4.00%     1/10/2040         66,642      0.00%
     Federal   National   Mortgage   Association                 $64,967      2.00%      1/8/2031         66,604      0.00%
     Office  Properties    Income   Trust                  $63,000      4.50%      1/2/2025         66,474      0.00%
     Government    National   Mortgage   Association                $58,867      4.50%     15/1/2046         66,470      0.00%
     Government    National   Mortgage   Association                $61,583      4.00%     15/5/2046         66,240      0.00%
     Government    National   Mortgage   Association                $58,213      5.00%     20/5/2042         65,863      0.00%
     Federal   National   Mortgage   Association                 $60,941      4.00%      1/9/2045         65,859      0.00%
     Hewlett   Packard   Enterprise    Co.                 $50,000      6.20%     15/10/2035         65,573      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $60,196      4.50%      1/5/2046         65,547      0.00%
     Public  Storage                        $60,000      3.39%      1/5/2029         65,447      0.00%
     Government    National   Mortgage   Association                $60,985      4.00%     20/7/2046         65,435      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $61,247      3.50%      1/6/2036         65,281      0.00%
     California   Institute   of Technology                   $50,000      4.32%      1/8/2045         65,056      0.00%
     Boardwalk    Pipelines   LP                    $60,000      4.95%     15/12/2024         65,025      0.00%
     Raytheon   Technologies     Corp.                  $50,000      5.40%      1/5/2035         65,018      0.00%
     Tyson  Foods,  Inc.                      $50,000      5.15%     15/8/2044         64,974      0.00%
     New  York  & Presbyterian    Hospital                  $50,000      4.06%      1/8/2056         64,934      0.00%
     Federal   National   Mortgage   Association                 $60,955      3.50%      1/8/2031         64,862      0.00%
     Federal   National   Mortgage   Association                 $58,331      4.50%      1/7/2041         64,259      0.00%
     Memorial   Sloan-Kettering     Cancer   Center               $50,000      4.20%      1/7/2055         64,067      0.00%
     UnitedHealth     Group,   Inc.                   $50,000      4.45%     15/12/2048         63,920      0.00%
     Eversource    Energy                      $60,000      3.30%     15/1/2028         63,865      0.00%
     Government    National   Mortgage   Association                $56,680      5.50%     15/6/2033         63,773      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $59,161      3.50%      1/2/2042         63,477      0.00%
     SC Johnson   & Son,  Inc.                    $50,000      4.80%      1/9/2040         63,319      0.00%
                                318/362

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     Federal   Home  Loan  Mortgage   Corp.                $56,416      5.00%      1/2/2041         63,314      0.00%
     Government    National   Mortgage   Association                $58,899      3.50%     20/10/2043         63,284      0.00%
     Federal   National   Mortgage   Association                 $56,341      5.00%      1/5/2035         63,274      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $58,862      3.50%      1/8/2032         62,812      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   Home  Loan  Mortgage   Corp.               $55,375      5.50%     1/12/2034         62,746      0.00%
     Allstate   Corp.                       $50,000      5.35%      1/6/2033         62,661      0.00%
     Government    National   Mortgage   Association               $56,137      4.50%     15/7/2039         62,504      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $58,999      3.50%      1/9/2029         62,244      0.00%
     Principal   Financial   Group,   Inc.                 $50,000      4.63%     15/9/2042         62,242      0.00%
     Federal   National   Mortgage   Association                $57,421      4.00%      1/8/2045         62,055      0.00%
     Trane  Technologies     Luxembourg    Finance   SA            $50,000      4.65%     1/11/2044         61,974      0.00%
     Pacific  Gas  & Electric   Co.                  $60,000      3.15%      1/1/2026         61,445      0.00%
     Evergy   Metro,  Inc.                    $60,000      3.15%     15/3/2023         61,228      0.00%
     Federal   National   Mortgage   Association                $54,098      5.50%     1/12/2035         61,220      0.00%
     Federal   National   Mortgage   Association                $58,077      4.00%     1/11/2033         61,194      0.00%
     Johnson   Controls   International    plc               $50,000      4.63%      2/7/2044         61,003      0.00%
     El Paso  Electric   Co.                    $50,000      5.00%     1/12/2044         60,899      0.00%
     Government    National   Mortgage   Association               $58,196      3.00%     20/6/2027         60,837      0.00%
     FedEx  Corp.                       $50,000      4.90%     15/1/2034         60,585      0.00%
     Federal   National   Mortgage   Association                $56,699      3.50%      1/9/2046         60,421      0.00%
     Masco  Corp.                       $50,000      4.50%     15/5/2047         60,327      0.00%
     US Treasury   Note                     $60,000      1.50%     30/11/2028          60,253      0.00%
     US Treasury   Note                     $57,000      2.38%     15/5/2027         60,175      0.00%
     Federal   National   Mortgage   Association                $57,052      3.50%      1/4/2027         60,090      0.00%
     Exelon  Corp.                       $50,000      4.95%     15/6/2035         59,937      0.00%
     General   Motors   Financial   Co.,  Inc.              AU($)80,000       3.85%     21/2/2023         59,884      0.00%
     Fortive   Corp.                       $50,000      4.30%     15/6/2046         59,634      0.00%
     Port  Authority   of New  York  & New  Jersey              $50,000      4.03%      1/9/2048         59,633      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $52,383      5.50%     1/12/2036         59,362      0.00%
     Oklahoma    Gas & Electric   Co.                 $50,000      4.15%      1/4/2047         59,096      0.00%
     Consumers    Energy   Co.                   $50,000      3.95%     15/7/2047         58,998      0.00%
     Government    National   Mortgage   Association               $51,914      5.50%     20/5/2036         58,985      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $54,738      4.00%      1/3/2031         58,873      0.00%
     Northern   States  Power  Co.                  $50,000      4.00%     15/8/2045         58,866      0.00%
     Aflac,  Inc.                       $50,000      4.00%     15/10/2046          58,779      0.00%
     Aptiv  plc                       $50,000      4.40%     1/10/2046         58,739      0.00%
     Federal   National   Mortgage   Association                $53,511      4.00%      1/5/2042         58,317      0.00%
     Prudential    Financial,   Inc.                  $50,000      3.91%     7/12/2047         58,132      0.00%
     Marathon   Oil Corp.                     $45,000      6.80%     15/3/2032         58,079      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $52,605      4.50%      1/2/2039         57,966      0.00%
     Federal   National   Mortgage   Association                $53,935      3.50%      1/2/2045         57,909      0.00%
     Government    National   Mortgage   Association               $50,197      6.00%     15/12/2039          57,899      0.00%
     Government    National   Mortgage   Association               $51,944      5.00%     15/4/2041         57,861      0.00%
     Federal   National   Mortgage   Association                $54,799      3.50%     1/12/2028         57,772      0.00%
     Medtronic,    Inc.                      $44,000      4.63%     15/3/2045         57,717      0.00%
     Tampa  Electric   Co.                    $50,000      4.10%     15/6/2042         57,529      0.00%
     Government    National   Mortgage   Association               $55,396      2.50%     20/6/2028         57,310      0.00%
     Federal   National   Mortgage   Association                $53,280      4.00%      1/6/2031         57,281      0.00%
     Michigan   State  University                    $50,000      4.50%     15/8/2048         57,124      0.00%
                                319/362


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     Northrop   Grumman   Corp.                   $40,000      7.75%     15/2/2031         57,012      0.00%
     Amazon.com,     Inc.                     $50,000      5.20%     3/12/2025         56,957      0.00%
     Black  Hills  Corp.                      $50,000      4.20%     15/9/2046         56,900      0.00%
     Southwest    Gas Corp.                    $50,000      4.15%      1/6/2049         56,860      0.00%
     Federal   National   Mortgage   Association                $54,224      3.00%     1/12/2031         56,831      0.00%
     Federal   National   Mortgage   Association                $51,754      4.50%     1/10/2033         56,769      0.00%
     Aptiv  plc                       $50,000      4.35%     15/3/2029         56,764      0.00%
     Tyson  Foods,  Inc.                     $50,000      4.35%      1/3/2029         56,565      0.00%
     Boston   Gas  Co.                     $50,000      4.49%     15/2/2042         56,557      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $51,192      4.50%      1/7/2041         56,416      0.00%
     Federal   National   Mortgage   Association                $52,556      3.50%     1/10/2043         56,372      0.00%
     Republic   Services,   Inc.                   $54,000      4.75%     15/5/2023         56,323      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $52,563      4.50%      1/3/2050         56,274      0.00%
     HCA,  Inc.                       $50,000      5.25%     15/6/2026         56,244      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $54,039      2.50%      1/3/2032         56,121      0.00%
     Government    National   Mortgage   Association               $51,281      5.00%     15/9/2039         56,064      0.00%
     Hershey   Co.                      $50,000      3.38%     15/8/2046         55,990      0.00%
     Government    National   Mortgage   Association               $52,949      3.00%     15/9/2042         55,949      0.00%
     Ventas   Realty  LP                     $53,000      3.50%      1/2/2025         55,913      0.00%
     Kilroy  Realty  LP                     $50,000      4.25%     15/8/2029         55,714      0.00%
     Weyerhaeuser     Co.                     $50,000      4.00%     15/4/2030         55,694      0.00%
     MidAmerican     Energy   Co.                  $45,000      4.25%     15/7/2049         55,606      0.00%
     Federal   National   Mortgage   Association                $52,783      4.00%      1/7/2025         55,580      0.00%
     Life Storage   LP                     $50,000      4.00%     15/6/2029         55,435      0.00%
     Federal   National   Mortgage   Association                $53,477      2.50%     1/12/2030         55,428      0.00%
     Federal   National   Mortgage   Association                $51,550      4.00%      1/4/2031         55,420      0.00%
                                                 公正価格      純資産総額

                              元本       利率      償還日
                                                 （米ドル）       比率
     Indiana   Michigan   Power  Co.                   $50,000      3.75%      1/7/2047        55,398      0.00%
     Government    National   Mortgage   Association                $48,675      5.50%     15/10/2039         55,383      0.00%
     Citigroup,    Inc.                       $50,000      4.30%     20/11/2026         55,329      0.00%
     Columbia   Property   Trust  Operating    Partnership    LP           $51,000      4.15%      1/4/2025        55,329      0.00%
     BANK  2018＾                        $50,000      4.36%     15/5/2061         55,328      0.00%
     Federal   National   Mortgage   Association                 $51,801      3.50%      1/6/2037        55,198      0.00%
     Federal   National   Mortgage   Association                 $51,568      3.50%      1/8/2044        55,162      0.00%
     Intel  Corp.                         $54,000      2.70%     15/12/2022         55,117      0.00%
     Government    National   Mortgage   Association                $49,596      4.50%     20/6/2041         55,111      0.00%
     Oncor  Electric   Delivery   Co. LLC                 $50,000      3.70%     15/11/2028         55,048      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $49,034      5.00%      1/3/2041        55,029      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2018＾             $50,000      4.15%     15/3/2051         55,000      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $52,212      3.00%     1/10/2043         54,996      0.00%
     Government    National   Mortgage   Association                $48,583      5.00%     20/2/2044         54,955      0.00%
     Janus  Capital   Group,   Inc.                   $50,000      4.88%      1/8/2025        54,757      0.00%
     Vulcan  Materials   Co.                     $50,000      3.90%      1/4/2027        54,748      0.00%
     Federal   National   Mortgage   Association                 $47,593      6.00%     1/11/2034         54,712      0.00%
     EOG  Resources,    Inc.                     $50,000      4.15%     15/1/2026         54,703      0.00%
     ERP  Operating    LP                     $50,000      3.50%      1/3/2028        54,454      0.00%
     Biogen,   Inc.                        $50,000      4.05%     15/9/2025         54,289      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $51,527      4.00%      1/2/2026        54,284      0.00%
     Puget  Energy,   Inc.                      $50,000      4.10%     15/6/2030         54,190      0.00%
     Government    National   Mortgage   Association                $50,462      4.00%     20/6/2046         54,144      0.00%
                                320/362


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     Trillium   Windpower    LP                  CA($)58,292       5.80%     15/2/2033         54,073      0.00%
     Federal   National   Mortgage   Association                 $50,015      4.00%      1/9/2046        54,051      0.00%
     BANK  2018＾                        $50,000      3.90%     15/2/2061         54,039      0.00%
     Benchmark    2018-B1   Mortgage   Trust＾                $50,000      3.88%     15/1/2051         54,039      0.00%
     CD 2017-CD6    Mortgage   Trust                  $50,000      3.46%     13/11/2050         53,994      0.00%
     Southern   California   Edison  Co.                 $50,000      3.65%      1/3/2028        53,988      0.00%
     Coca-Cola    Consolidated,     Inc.                  $50,000      3.80%     25/11/2025         53,972      0.00%
     Citigroup   Commercial    Mortgage   Trust  2018              $50,000      3.74%     10/3/2051         53,899      0.00%
     JPMDB   Commercial    Mortgage   Securities   Trust  2017＾           $50,000      3.71%     15/10/2050         53,850      0.00%
     Federal   National   Mortgage   Association                 $46,893      6.00%     1/11/2035         53,838      0.00%
     CGMS  Commercial    Mortgage   Trust  2017＾               $50,000      3.71%     15/8/2050         53,793      0.00%
     GS Mortgage   Securities   Trust  2017＾                $50,000      3.83%     10/3/2050         53,778      0.00%
     Nuveen   Finance   LLC                     $50,000      4.13%     1/11/2024         53,778      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $47,900      5.00%     1/10/2041         53,771      0.00%
     CMS  Energy   Corp.                      $50,000      3.45%     15/8/2027         53,767      0.00%
     Harman   International    Industries,    Inc.                $50,000      4.15%     15/5/2025         53,762      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $46,684      6.00%      1/5/2040        53,739      0.00%
     AEP  Texas,  Inc.                      $50,000      3.80%     1/10/2047         53,630      0.00%
     Whirlpool   Corp.                       $50,000      3.70%      1/5/2025        53,584      0.00%
     Norfolk   Southern   Corp.                     $50,000      3.65%      1/8/2025        53,502      0.00%
     Appalachian    Power  Co.                    $50,000      3.30%      1/6/2027        53,492      0.00%
     Wells  Fargo  Commercial    Mortgage   Trust  2017＾             $50,000      3.85%     15/10/2050         53,487      0.00%
     Citigroup   Commercial    Mortgage   Trust  2017              $50,000      3.76%     12/10/2050         53,436      0.00%
     Home  Depot,  Inc.                      $50,000      3.35%     15/9/2025         53,400      0.00%
     Narragansett    Electric   Co.                   $50,000      3.40%      9/4/2030        53,398      0.00%
     Coca-Cola    Co.                       $50,000      2.90%     25/5/2027         53,360      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $48,993      5.00%     1/11/2048         53,285      0.00%
     UBS  Commercial    Mortgage   Trust  2017＾               $50,000      3.74%     15/8/2050         53,158      0.00%
     Federal   National   Mortgage   Association                 $48,267      4.50%     1/10/2044         53,145      0.00%
     BANK  2018                        $50,000      3.64%     15/2/2061         53,119      0.00%
     Host  Hotels  & Resorts   LP                   $50,000      4.00%     15/6/2025         53,058      0.00%
     Private   Export  Funding   Corp.                   $50,000      3.25%     15/6/2025         52,955      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $46,631      5.50%      1/9/2035        52,941      0.00%
     Hubbell,   Inc.                       $50,000      3.35%      1/3/2026        52,931      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $50,000      3.00%     25/12/2025         52,923      0.00%
     AvalonBay    Communities,     Inc.                  $50,000      2.95%     11/5/2026         52,836      0.00%
     AvalonBay    Communities,     Inc.                  $50,000      4.20%     15/12/2023         52,745      0.00%
     Georgia   Power  Co.                     $50,000      3.25%      1/4/2026        52,744      0.00%
     Carlisle   Cos,  Inc.                      $50,000      3.50%     1/12/2024         52,738      0.00%
     AutoZone,    Inc.                       $50,000      3.13%     21/4/2026         52,737      0.00%
     CCRE23   Commercial    Mortgage   Trust  2015              $50,000      3.50%     10/5/2048         52,707      0.00%
     UDR,  Inc.                        $50,000      3.20%     15/1/2030         52,690      0.00%
     GS Mortgage   Securities   Trust  2014                $50,000      3.63%     10/11/2047         52,644      0.00%
     UBS6  Commercial    Mortgage   Trust  2014               $50,000      3.64%     10/12/2047         52,595      0.00%
     CSAIL  2015-C2   Commercial    Mortgage   Trust              $50,000      3.50%     15/6/2057         52,594      0.00%
     WFRBS   Commercial    Mortgage   Trust  2014              $50,000      3.75%     15/9/2057         52,594      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2014           $50,000      3.67%     15/11/2047         52,568      0.00%
     Arizona   Public  Service   Co.                   $50,000      2.95%     15/9/2027         52,532      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     John  Deere  Capital   Corp.                    $50,000      3.65%     12/10/2023         52,488      0.00%
                                321/362


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     DTE  Electric   Co.                      $50,000      3.65%     15/3/2024         52,443      0.00%
     Providence    St Joseph  Health  Obligated   Group              $50,000      2.75%     1/10/2026         52,420      0.00%
     Host  Hotels  & Resorts   LP                   $50,000      3.88%      1/4/2024        52,316      0.00%
     Government    National   Mortgage   Association                $47,045      4.50%     20/7/2039         52,300      0.00%
     Morgan   Stanley   Bank  of America   Merrill  Lynch  Trust  2015         $50,000      3.31%     15/4/2048         52,264      0.00%
     Public  Service   Electric   & Gas Co.                 $50,000      3.00%     15/5/2025         52,248      0.00%
     AutoZone,    Inc.                       $50,000      3.13%     18/4/2024         52,091      0.00%
     MPLX  LP                        $50,000      4.50%     15/7/2023         52,087      0.00%
     GS Mortgage   Securities   Trust  2013                 $50,000      4.24%     10/8/2046         52,075      0.00%
     Eastern   Energy   Gas Holdings   LLC                 $50,000      3.55%     1/11/2023         52,061      0.00%
     LC19  Commercial    Mortgage   Trust  2015               $50,000      3.18%     10/2/2048         52,043      0.00%
     Amphenol   Corp.                       $50,000      3.20%      1/4/2024        52,019      0.00%
     Caterpillar    Financial   Services   Corp.                 $50,000      2.40%      9/8/2026        51,860      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $47,833      4.50%      1/5/2031        51,819      0.00%
     Bank  of New  York  Mellon  Corp.                  $50,000      3.50%     28/4/2023         51,818      0.00%
     Texas  Instruments,    Inc.                    $50,000      2.63%     15/5/2024         51,780      0.00%
     Southwestern     Electric   Power  Co.                 $50,000      2.75%     1/10/2026         51,769      0.00%
     John  Sevier  Combined    Cycle  Generation    LLC             $42,625      4.63%     15/1/2042         51,754      0.00%
     Federal   National   Mortgage   Association＾                  $49,945      2.90%     25/1/2025         51,708      0.00%
     American   Honda  Finance   Corp.                  $50,000      2.30%      9/9/2026        51,642      0.00%
     Government    National   Mortgage   Association                $48,815      3.00%     15/12/2042         51,581      0.00%
     Citigroup   Commercial    Mortgage   Trust  2018              $50,000      3.79%     10/3/2051         51,477      0.00%
     Federal   National   Mortgage   Association                  $45,608      5.50%      1/7/2033        51,470      0.00%
     South  Carolina   Public  Service   Authority                 $50,000      2.39%     1/12/2023         51,452      0.00%
     CCRE8   Commercial    Mortgage   Trust  2013＾               $50,000      3.61%     10/6/2046         51,426      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $48,710      4.00%     1/12/2033         51,334      0.00%
     Goldman   Sachs  Group,   Inc.                   $50,000      3.20%     23/2/2023         51,272      0.00%
     Edison  International                        $50,000      2.95%     15/3/2023         51,058      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $45,426      5.00%      1/7/2035        51,051      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $49,210      2.50%      1/9/2030        51,023      0.00%
     ERAC  USA  Finance   LLC                    $50,000      3.30%     15/10/2022         51,007      0.00%
     Government    National   Mortgage   Association                $48,250      3.00%     15/5/2043         50,992      0.00%
     Boardwalk    Pipelines   LP                    $50,000      3.38%      1/2/2023        50,908      0.00%
     Union  Pacific  Corp.                      $50,000      2.95%     15/1/2023         50,890      0.00%
     Cox  Communications,      Inc.                   $42,000      4.70%     15/12/2042         50,786      0.00%
     United  Airlines   2015-1  Class  A Pass  Through   Trust            $50,000      3.70%     1/12/2022         50,778      0.00%
     Teachers   Insurance   & Annuity   Association    of America            $34,000      6.85%     16/12/2039         50,681      0.00%
     Federal   National   Mortgage   Association                  $43,997      6.00%      1/6/2036        50,602      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $47,346      3.50%      1/1/2032        50,421      0.00%
     Eli Lilly  & Co.                       $48,000      2.75%      1/6/2025        50,261      0.00%
     Royalty   Pharma   plc                     $50,000      3.30%      2/9/2040        49,848      0.00%
     Boeing  Co.                        $50,000      3.65%      1/3/2047        49,841      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $44,252      5.00%      1/9/2039        49,762      0.00%
     East  Ohio  Gas Co.                      $50,000      3.00%     15/6/2050         49,496      0.00%
     Federal   National   Mortgage   Association                  $45,709      4.50%     1/10/2047         49,428      0.00%
     Government    National   Mortgage   Association                $47,177      3.00%     20/7/2029         49,412      0.00%
     California   Endowment                       $50,000      2.50%      1/4/2051        49,381      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $46,453      3.50%      1/5/2026        48,934      0.00%
     Blackstone    Holdings   Finance   Co. LLC                $50,000      2.85%      5/8/2051        48,772      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $48,188      2.36%     25/7/2022         48,513      0.00%
     Gilead  Sciences,   Inc.                     $50,000      2.80%     1/10/2050         48,407      0.00%
     Boeing  Co.                        $50,000      3.38%     15/6/2046         48,189      0.00%
                                322/362

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     Federal   National   Mortgage   Association                  $47,236      2.50%     25/9/2026         48,127      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $49,501      1.00%     25/8/2030         47,863      0.00%
     Government    National   Mortgage   Association                $45,204      3.00%     20/9/2044         47,522      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $45,751      2.50%      1/5/2027        47,410      0.00%
     Federal   National   Mortgage   Association                  $45,226      3.00%      1/4/2031        47,400      0.00%
     Federal   National   Mortgage   Association                  $45,065      3.00%      1/8/2045        47,337      0.00%
     Federal   National   Mortgage   Association                  $43,897      4.00%      1/7/2031        47,193      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $44,608      3.50%      1/6/2026        46,990      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $41,153      5.50%      1/8/2038        46,892      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $43,343      4.50%      1/3/2047        46,885      0.00%
     Government    National   Mortgage   Association                $41,176      5.50%     20/7/2038         46,802      0.00%
     Government    National   Mortgage   Association                $42,056      5.00%     15/3/2035         46,666      0.00%
     Federal   National   Mortgage   Association                  $42,118      4.50%     1/12/2043         46,350      0.00%
     Government    National   Mortgage   Association                $42,371      4.00%     15/12/2040         46,111      0.00%
     Federal   National   Mortgage   Association                  $45,811      2.15%     25/1/2023         46,031      0.00%
     Government    National   Mortgage   Association                $41,304      4.50%     15/9/2034         45,774      0.00%
     Government    National   Mortgage   Association                $39,626      6.00%     20/8/2037         45,663      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $41,361      4.50%      1/5/2044        45,553      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Government    National   Mortgage   Association               $40,957      4.50%     20/4/2040         45,544      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $40,370      5.00%      1/4/2035         45,366      0.00%
     Halliburton    Co.                      $42,000      3.80%     15/11/2025          45,331      0.00%
     New  York  Life Insurance   Co.                 $30,000      6.75%     15/11/2039          45,275      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $39,822      5.50%     1/11/2037         45,267      0.00%
     US Treasury   Note                     $45,000      0.38%     31/10/2023          44,740      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $38,483      6.00%     1/12/2036         44,430      0.00%
     Government    National   Mortgage   Association               $40,735      4.00%     20/8/2042         44,404      0.00%
     Federal   National   Mortgage   Association                $43,048      2.72%     25/10/2024          44,337      0.00%
     Federal   National   Mortgage   Association                $42,280      3.00%      1/7/2029         44,328      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $32,000      6.75%     15/9/2029         44,323      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $41,483      3.50%      1/2/2034         44,261      0.00%
     Federal   National   Mortgage   Association＾                $42,380      3.10%     25/7/2024         44,027      0.00%
     JobsOhio   Beverage   System                   $40,000      3.99%      1/1/2029         43,822      0.00%
     Federal   National   Mortgage   Association                $41,597      4.00%      1/8/2025         43,801      0.00%
     Marsh  & McLennan    Cos,  Inc.                 $35,000      4.35%     30/1/2047         43,777      0.00%
     Federal   National   Mortgage   Association                $42,156      2.50%      1/6/2031         43,752      0.00%
     Federal   National   Mortgage   Association                $41,677      3.00%      1/1/2030         43,695      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $40,602      3.50%      1/9/2042         43,580      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $39,503      4.50%      1/4/2041         43,534      0.00%
     Consolidated     Edison  Co. of New  York,  Inc.             $40,000      3.85%     15/6/2046         43,396      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $37,739      6.00%      1/3/2033         43,264      0.00%
     Government    National   Mortgage   Association               $38,922      4.50%     20/6/2042         43,249      0.00%
     Federal   National   Mortgage   Association                $38,160      5.50%      1/1/2035         43,245      0.00%
     Federal   National   Mortgage   Association                $38,163      5.50%      1/2/2034         43,193      0.00%
     Federal   National   Mortgage   Association                $40,845      3.00%      1/9/2045         42,905      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $37,765      5.50%     1/12/2038         42,808      0.00%
     SITE  Centers   Corp.                     $40,000      4.25%      1/2/2026         42,718      0.00%
     Government    National   Mortgage   Association               $38,393      4.50%     15/4/2039         42,511      0.00%
     AES  Corp.                        $40,000      3.95%     15/7/2030         42,445      0.00%
     Citigroup,    Inc.                      $25,000      8.13%     15/7/2039         42,418      0.00%
                                323/362


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     Federal   National   Mortgage   Association                $37,098      6.00%      1/3/2033         42,317      0.00%
     Government    National   Mortgage   Association               $38,097      4.50%     15/2/2039         42,183      0.00%
     Federal   National   Mortgage   Association                $39,286      3.50%      1/2/2044         42,138      0.00%
     Government    National   Mortgage   Association               $40,019      3.50%     20/7/2026         42,124      0.00%
     Federal   National   Mortgage   Association                $39,105      4.00%      1/5/2031         42,041      0.00%
     Federal   National   Mortgage   Association                $38,108      4.50%      1/3/2041         41,981      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $38,731      4.50%      1/6/2031         41,957      0.00%
     CenterPoint    Energy,   Inc.                  $40,000      3.85%      1/2/2024         41,933      0.00%
     Enable  Midstream    Partners   LP                $40,000      3.90%     15/5/2024         41,796      0.00%
     Government    National   Mortgage   Association               $37,425      5.00%     15/2/2039         41,759      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $40,099      4.50%     1/10/2024         41,690      0.00%
     Federal   National   Mortgage   Association                $37,918      4.00%     1/11/2041         41,327      0.00%
     Mutual   of Omaha   Insurance   Co.＾                $40,000      4.30%     15/7/2054         41,273      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $35,583      6.50%     1/12/2032         41,252      0.00%
     Owens  Corning                       $29,000      7.00%     1/12/2036         41,083      0.00%
     Federal   National   Mortgage   Association                $38,981      3.50%      1/8/2026         41,050      0.00%
     Government    National   Mortgage   Association               $36,638      5.00%     15/8/2038         40,906      0.00%
     Government    National   Mortgage   Association               $36,506      5.00%     15/4/2040         40,618      0.00%
     Americredit    Automobile    Receivables    Trust  2018           $40,149      3.50%     18/1/2024         40,480      0.00%
     Owens  Corning                       $35,000      4.30%     15/7/2047         40,220      0.00%
     Government    National   Mortgage   Association               $36,468      4.00%     15/9/2044         39,723      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $36,039      4.50%      1/6/2039         39,696      0.00%
     Government    National   Mortgage   Association               $38,311      2.50%     20/6/2027         39,630      0.00%
     Kinder  Morgan   Energy   Partners   LP               $35,000      4.70%     1/11/2042         39,456      0.00%
     Federal   National   Mortgage   Association                $37,295      3.50%     1/10/2028         39,319      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $34,411      5.50%      1/5/2040         39,226      0.00%
     Government    National   Mortgage   Association               $37,574      3.50%     20/10/2050          39,188      0.00%
     Government    National   Mortgage   Association               $34,550      5.00%     20/7/2044         39,074      0.00%
     Delta  Air Lines  2015-1  Class  AA Pass  Through   Trust          $36,956      3.63%     30/7/2027         38,797      0.00%
     Government    National   Mortgage   Association               $36,638      3.00%     15/10/2042          38,713      0.00%
     New  York  City  Water  & Sewer  System               $25,000      5.88%     15/6/2044         38,642      0.00%
     GE Capital   Canada   Funding   Co.              CA($)40,000       5.73%     22/10/2037          38,445      0.00%
     Government    National   Mortgage   Association               $35,706      4.00%     15/4/2045         38,406      0.00%
     Federal   National   Mortgage   Association                $33,752      5.50%     1/10/2033         38,057      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $34,562      5.00%      1/7/2049         37,686      0.00%
     Federal   National   Mortgage   Association                $34,577      4.00%      1/8/2040         37,681      0.00%
     Federal   National   Mortgage   Association                $37,440      1.50%     1/10/2035         37,617      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $34,117      4.50%      1/3/2044         37,575      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $35,732      3.00%     1/12/2032         37,467      0.00%
     CarMax   Auto  Owner  Trust  2018                $37,163      3.16%     17/7/2023         37,397      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   Home  Loan  Mortgage   Corp.               $34,337      4.50%      1/9/2049         36,957      0.00%
     Hartford   Financial   Services   Group,   Inc.              $30,000      4.40%     15/3/2048         36,904      0.00%
     ERAC  USA  Finance   LLC                   $25,000      7.00%     15/10/2037          36,883      0.00%
     Government    National   Mortgage   Association               $32,568      5.00%     20/9/2040         36,839      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $32,578      5.00%      1/9/2038         36,637      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $32,182      5.50%      1/1/2035         36,532      0.00%
     Government    National   Mortgage   Association               $31,971      5.50%     20/6/2038         36,368      0.00%
     Government    National   Mortgage   Association               $33,378      4.00%     15/8/2039         36,313      0.00%
     Dow  Chemical   Co.                     $33,000      4.55%     30/11/2025          36,253      0.00%
                                324/362


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     Federal   Home  Loan  Mortgage   Corp.               $31,189      6.50%      1/3/2032         36,188      0.00%
     Government    National   Mortgage   Association               $32,591      4.50%     15/5/2041         36,136      0.00%
     Chevron   Corp.                      $35,000      2.57%     16/5/2023         35,762      0.00%
     Government    National   Mortgage   Association               $31,037      5.50%     20/7/2039         35,604      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $33,193      3.50%      1/9/2046         35,382      0.00%
     Federal   National   Mortgage   Association                $30,451      6.00%     1/11/2038         35,216      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $31,050      5.00%     1/11/2038         34,925      0.00%
     Federal   National   Mortgage   Association                $32,776      4.00%      1/5/2026         34,522      0.00%
     Gilead  Sciences,   Inc.                    $25,000      5.65%     1/12/2041         34,351      0.00%
     Spirit  Airlines   Pass  Through   Trust  2015-1A              $32,990      4.10%      1/4/2028         34,175      0.00%
     Federal   National   Mortgage   Association                $31,544      4.50%      1/4/2031         34,157      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $30,995      4.50%     1/12/2039         34,140      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $30,837      4.50%      1/8/2041         33,984      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $32,726      2.50%      1/3/2028         33,887      0.00%
     Federal   National   Mortgage   Association                $32,062      3.50%      1/9/2025         33,757      0.00%
     Tennessee    Valley    Authority                   $32,000      2.88%     15/9/2024         33,592      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $32,575      2.00%      1/8/2028         33,397      0.00%
     Federal   National   Mortgage   Association                $31,222      3.50%      1/5/2045         33,339      0.00%
     Federal   National   Mortgage   Association                $28,868      6.00%      1/1/2037         33,254      0.00%
     Texas  Health  Resources                     $25,000      4.33%     15/11/2055          33,222      0.00%
     ViacomCBS,    Inc.                     $25,000      5.90%     15/10/2040          33,211      0.00%
     CD 2017-CD3    Mortgage   Trust                 $31,000      3.83%     10/2/2050         33,115      0.00%
     Federal   National   Mortgage   Association                $29,915      4.50%      1/9/2035         33,042      0.00%
     Quest  Diagnostics,    Inc.                   $26,000      5.75%     30/1/2040         32,880      0.00%
     Federal   National   Mortgage   Association                $29,912      4.50%      1/9/2034         32,822      0.00%
     CyrusOne    LP/CyrusOne     Finance   Corp.              $30,000      3.45%     15/11/2029          32,566      0.00%
     Southern   California   Gas Co.                 $25,000      5.13%     15/11/2040          32,404      0.00%
     Monongahela     Power  Co.                   $25,000      5.40%     15/12/2043          32,334      0.00%
     Government    National   Mortgage   Association               $30,557      3.50%     20/10/2026          32,164      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $28,421      5.00%      1/8/2033         31,641      0.00%
     Federal   National   Mortgage   Association                $29,479      4.50%      1/2/2050         31,553      0.00%
     Children's    Hospital   Medical   Center                $25,000      4.27%     15/5/2044         31,405      0.00%
     UnitedHealth     Group,   Inc.                  $25,000      4.63%     15/11/2041          31,385      0.00%
     Deere  & Co.                       $29,000      3.10%     15/4/2030         31,247      0.00%
     Mass  General   Brigham,   Inc.                  $25,000      4.12%      1/7/2055         31,109      0.00%
     Mylan,  Inc.                       $25,000      5.40%     29/11/2043          30,954      0.00%
     Government    National   Mortgage   Association               $27,155      5.50%     20/4/2036         30,912      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $27,888      4.50%      1/6/2041         30,733      0.00%
     WEC  Energy   Group,   Inc.                  $29,000      3.55%     15/6/2025         30,731      0.00%
     Unum  Group                       $25,000      5.75%     15/8/2042         30,711      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $29,562      2.50%     1/11/2027         30,633      0.00%
     Government    National   Mortgage   Association               $27,062      5.50%     15/1/2034         30,608      0.00%
     Louisville   Gas  & Electric   Co.                 $25,000      4.25%      1/4/2049         30,554      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $28,831      3.50%      1/9/2025         30,364      0.00%
     Government    National   Mortgage   Association               $27,202      5.00%     15/9/2035         30,265      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $29,007      2.50%      1/4/2033         30,046      0.00%
     Federal   National   Mortgage   Association                $27,079      4.50%      1/5/2040         29,827      0.00%
     Norfolk   Southern   Corp.                    $25,000      4.15%     28/2/2048         29,796      0.00%
     Federal   National   Mortgage   Association                $26,052      6.00%      1/4/2033         29,691      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $28,158      3.50%      1/3/2026         29,661      0.00%
     Cox  Communications,      Inc.                  $25,000      4.80%      1/2/2035         29,469      0.00%
     Federal   National   Mortgage   Association                $27,927      3.50%     1/12/2026         29,410      0.00%
                                325/362

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     Government    National   Mortgage   Association               $25,960      5.50%     15/7/2034         29,398      0.00%
     ConocoPhillips                         $20,000      6.50%      1/2/2039         29,112      0.00%
     Federal   National   Mortgage   Association                $25,888      5.00%      1/1/2038         29,074      0.00%
     Mississippi    Power  Co.                   $25,000      4.25%     15/3/2042         28,993      0.00%
     Atmos  Energy   Corp.                     $25,000      4.15%     15/1/2043         28,953      0.00%
     Government    National   Mortgage   Association               $25,604      5.50%     15/1/2035         28,930      0.00%
     Valero  Energy   Partners   LP                  $26,000      4.38%     15/12/2026          28,695      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $25,521      5.00%      1/9/2035         28,681      0.00%
     Government    National   Mortgage   Association               $25,340      5.50%     15/2/2033         28,591      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $24,587      6.00%      1/1/2038         28,450      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Duke  Energy   Florida   LLC                    $25,000      3.85%     15/11/2042         28,011      0.00%
     Union  Electric   Co.                      $25,000      3.65%     15/4/2045         27,877      0.00%
     ConocoPhillips                           $20,000      5.90%     15/5/2038         27,499      0.00%
     Government    National   Mortgage   Association                $23,976      5.50%     20/1/2039         27,352      0.00%
     Government    National   Mortgage   Association                $24,422      4.50%     20/11/2040         27,157      0.00%
     First  American   Financial   Corp.                  $25,000      4.60%     15/11/2024         27,103      0.00%
     BANK  2017                        $25,000      3.73%     15/11/2050         27,005      0.00%
     Kinder  Morgan   Energy   Partners   LP                $20,000      7.40%     15/3/2031         26,926      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $23,243      6.00%     1/10/2033         26,720      0.00%
     L3Harris   Technologies,     Inc.                   $25,000      3.83%     27/4/2025         26,688      0.00%
     Owl  Rock  Capital   Corp.                     $25,000      5.25%     15/4/2024         26,687      0.00%
     Federal   National   Mortgage   Association                  $24,866      3.50%      1/7/2039        26,680      0.00%
     Conagra   Brands,   Inc.                     $25,000      4.30%      1/5/2024        26,629      0.00%
     Federal   National   Mortgage   Association                  $23,043      6.00%      1/6/2040        26,624      0.00%
     American   Water  Capital   Corp.                   $25,000      3.40%      1/3/2025        26,462      0.00%
     New  York  State  Electric   & Gas Corp.                $25,000      3.30%     15/9/2049         26,317      0.00%
     Federal   National   Mortgage   Association                  $23,237      5.50%     1/11/2036         26,308      0.00%
     Federal   Farm  Credit  Banks  Funding   Corp.               $25,000      3.50%     20/12/2023         26,304      0.00%
     Xcel  Energy,   Inc.                      $25,000      3.30%      1/6/2025        26,267      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $23,204      5.50%      1/5/2033        26,244      0.00%
     CD 2017-CD3    Mortgage   Trust                  $25,000      3.45%     10/2/2050         26,138      0.00%
     Government    National   Mortgage   Association                $22,775      5.50%     20/9/2041         26,071      0.00%
     JPMBB   Commercial    Mortgage   Securities   Trust  2014           $25,000      4.07%     15/11/2047         26,058      0.00%
     JPMCC   Commercial    Mortgage   Securities   Trust  2017           $26,040      3.05%     15/7/2050         26,041      0.00%
     Government    National   Mortgage   Association                $23,354      5.00%     15/5/2040         26,012      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $25,000      3.49%     25/1/2024         25,961      0.00%
     Government    National   Mortgage   Association                $24,294      3.50%     15/7/2042         25,948      0.00%
     Private   Export  Funding   Corp.                   $25,000      2.45%     15/7/2024         25,749      0.00%
     Federal   National   Mortgage   Association                  $23,411      4.50%      1/9/2033        25,680      0.00%
     Federal   National   Mortgage   Association                  $22,104      6.00%      1/8/2038        25,618      0.00%
     Toyota   Motor  Credit  Corp.                    $25,000      2.63%     10/1/2023         25,501      0.00%
     Federal   National   Mortgage   Association                  $23,417      4.50%      1/7/2029        25,359      0.00%
     PayPal  Holdings,   Inc.                     $25,000      1.65%      1/6/2025        25,309      0.00%
     Government    National   Mortgage   Association                $22,247      5.50%     15/6/2034         25,234      0.00%
     McDonald's    Corp.                       $25,000      1.45%      1/9/2025        25,218      0.00%
     AbbVie,   Inc.                        $20,000      4.85%     15/6/2044         25,071      0.00%
     Federal   National   Mortgage   Association                  $22,297      5.00%      1/4/2041        25,012      0.00%
     Starbucks   Corp.                       $25,000      2.25%     12/3/2030         24,978      0.00%
     Boeing  Co.                        $25,000      3.63%      1/3/2048        24,837      0.00%
                                326/362


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     Government    National   Mortgage   Association                $23,609      3.00%     20/10/2029         24,727      0.00%
     Government    National   Mortgage   Association                $21,215      6.00%     15/2/2038         24,621      0.00%
     Federal   National   Mortgage   Association                  $21,683      5.50%      1/3/2038        24,608      0.00%
     International    Flavors   & Fragrances,    Inc.               $25,000      1.23%     1/10/2025         24,487      0.00%
     Federal   National   Mortgage   Association                  $21,671      5.00%      1/9/2041        24,310      0.00%
     United  Airlines   2013-1  Class  A Pass  Through   Trust            $22,854      4.30%     15/8/2025         23,939      0.00%
     Federal   National   Mortgage   Association                  $23,083      2.50%      1/9/2028        23,911      0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates          $24,669      0.86%     25/11/2030         23,754      0.00%
     Federal   National   Mortgage   Association                  $21,284      5.00%     1/12/2033         23,688      0.00%
     Federal   National   Mortgage   Association                  $21,944      3.50%     1/11/2041         23,600      0.00%
     Government    National   Mortgage   Association                $20,799      5.00%     20/4/2042         23,533      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $21,105      4.50%      1/6/2038        23,312      0.00%
     Conagra   Brands,   Inc.                     $20,000      4.85%     1/11/2028         23,011      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $20,788      4.50%      1/5/2040        22,904      0.00%
     Government    National   Mortgage   Association                $20,449      5.00%     15/3/2036         22,740      0.00%
     Morgan   Stanley                        $15,000      6.38%     24/7/2042         22,712      0.00%
     Federal   National   Mortgage   Association                  $20,895      4.50%      1/6/2030        22,629      0.00%
     Government    National   Mortgage   Association                $20,258      4.00%     15/2/2042         22,127      0.00%
     Federal   National   Mortgage   Association                  $20,087      4.50%      1/9/2040        22,125      0.00%
     Government    National   Mortgage   Association                $19,825      4.50%     20/6/2039         22,040      0.00%
     FedEx  Corp.                        $20,000      3.88%      1/8/2042        21,917      0.00%
     Federal   National   Mortgage   Association                  $20,749      3.50%      1/1/2051        21,886      0.00%
     Virginia   Electric   & Power  Co.                  $20,000      3.30%     1/12/2049         21,431      0.00%
     Government    National   Mortgage   Association                $18,994      4.50%     15/8/2033         21,049      0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $19,860      3.50%     1/12/2025         20,916      0.00%
     Government    National   Mortgage   Association                $20,019      3.50%     20/12/2025         20,465      0.00%
     Government    National   Mortgage   Association                $17,991      6.00%     20/3/2033         20,464      0.00%
     Humana,   Inc.                        $20,000      2.90%     15/12/2022         20,388      0.00%
     Federal   National   Mortgage   Association                  $17,713      6.00%      1/3/2037        20,306      0.00%
     Federal   National   Mortgage   Association                  $18,022      5.00%      1/6/2034        20,246      0.00%
     TWDC   Enterprises    18 Corp.                   $18,000      3.70%     1/12/2042         20,211      0.00%
     Federal   National   Mortgage   Association                  $17,769      5.50%      1/7/2040        19,800      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   National   Mortgage   Association                $17,071      6.00%     1/12/2036         19,663      0.00%
     Government    National   Mortgage   Association               $18,647      3.50%     15/5/2026         19,625      0.00%
     Federal   National   Mortgage   Association                $17,471      5.00%      1/5/2036         19,621      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $17,880      4.00%      1/3/2041         19,496      0.00%
     Hyundai   Auto  Receivables    Trust  2018               $19,445      2.94%     17/6/2024         19,478      0.00%
     Southern   California   Edison  Co.                $15,000      5.95%      1/2/2038         19,460      0.00%
     Georgia-Pacific     LLC                    $20,000      0.95%     15/5/2026         19,363      0.00%
     Federal   National   Mortgage   Association                $16,567      6.50%      1/9/2036         19,337      0.00%
     Toyota   Auto  Receivables    2018-B   Owner  Trust            $18,729      3.11%     15/11/2023          18,866      0.00%
     Government    National   Mortgage   Association               $16,776      5.00%     15/9/2040         18,719      0.00%
     Federal   National   Mortgage   Association                $17,764      3.00%      1/1/2026         18,568      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $17,294      3.50%     1/10/2042         18,562      0.00%
     Federal   National   Mortgage   Association                $16,541      5.00%      1/7/2033         18,409      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $16,411      5.00%     1/10/2033         18,271      0.00%
     Oncor  Electric   Delivery   Co. LLC                $15,000      4.10%     15/11/2048          18,238      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $16,213      5.50%      1/8/2037         18,099      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $17,153      3.50%      1/3/2049         18,098      0.00%
                                327/362


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     Federal   National   Mortgage   Association                $17,248      3.00%      1/7/2027         18,047      0.00%
     Government    National   Mortgage   Association               $15,976      5.50%     15/10/2032          17,945      0.00%
     Federal   National   Mortgage   Association                $15,911      5.00%      1/3/2038         17,888      0.00%
     Toyota   Auto  Receivables    2018-A   Owner  Trust            $17,342      2.52%     15/5/2023         17,377      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $15,054      5.50%      1/4/2038         17,109      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $15,530      4.50%      1/4/2039         17,106      0.00%
     Government    National   Mortgage   Association               $15,446      5.00%     15/3/2034         17,064      0.00%
     Government    National   Mortgage   Association               $14,983      5.50%     20/3/2035         17,062      0.00%
     Tennessee    Valley    Authority                   $14,000      6.75%     1/11/2025         16,863      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $14,750      5.00%      1/1/2041         16,561      0.00%
     Government    National   Mortgage   Association               $15,109      4.00%     15/11/2039          16,438      0.00%
     Federal   National   Mortgage   Association                $13,652      7.00%      1/4/2037         16,236      0.00%
     Mid-America    Apartments    LP                 $15,000      4.00%     15/11/2025          16,236      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $14,628      4.50%      1/3/2045         16,110      0.00%
     Government    National   Mortgage   Association               $13,733      6.50%     20/12/2037          16,057      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $13,781      6.50%      1/8/2032         16,001      0.00%
     Government    National   Mortgage   Association               $14,044      5.50%     15/11/2038          15,933      0.00%
     Government    National   Mortgage   Association               $13,469      6.50%     20/11/2038          15,866      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $13,768      6.00%      1/2/2033         15,805      0.00%
     Government    National   Mortgage   Association               $14,869      3.50%     15/2/2026         15,649      0.00%
     Government    National   Mortgage   Association               $13,509      6.00%     20/7/2039         15,645      0.00%
     Government    National   Mortgage   Association               $14,020      4.50%     15/1/2040         15,524      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $13,533      5.50%      1/5/2038         15,490      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $13,419      6.00%      1/1/2032         15,273      0.00%
     Government    National   Mortgage   Association               $13,530      4.50%     15/10/2039          14,981      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $13,391      4.50%      1/4/2035         14,791      0.00%
     Federal   National   Mortgage   Association                $12,562      6.50%     1/10/2039         14,757      0.00%
     Government    National   Mortgage   Association               $12,481      6.00%     20/6/2038         14,397      0.00%
     Federal   National   Mortgage   Association                $13,022      4.50%      1/8/2046         14,338      0.00%
     Federal   National   Mortgage   Association                $12,337      6.00%      1/9/2036         14,161      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $12,609      7.00%      1/1/2032         13,978      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $12,132      6.00%      1/1/2033         13,912      0.00%
     Burlington    Northern   Santa  Fe LLC               $10,000      5.75%      1/5/2040         13,875      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $12,345      5.00%     1/10/2035         13,873      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $12,712      5.50%      1/1/2028         13,748      0.00%
     Federal   National   Mortgage   Association                $12,591      5.00%      1/9/2025         13,697      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $11,601      6.50%      1/8/2037         13,502      0.00%
     Federal   National   Mortgage   Association                $11,912      5.50%      1/3/2036         13,490      0.00%
     Government    National   Mortgage   Association               $12,393      4.00%     15/8/2044         13,382      0.00%
     Government    National   Mortgage   Association               $11,554      6.00%     15/12/2038          13,279      0.00%
     Government    National   Mortgage   Association               $12,851      4.00%     15/1/2025         13,172      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $11,613      5.50%     1/12/2032         13,092      0.00%
     Federal   National   Mortgage   Association                $11,442      5.50%      1/5/2038         13,018      0.00%
     Exelon  Corp.                       $10,000      5.63%     15/6/2035         12,734      0.00%
     Government    National   Mortgage   Association               $11,252      5.50%     15/7/2035         12,729      0.00%
     Government    National   Mortgage   Association               $12,458      3.00%     15/2/2026         12,651      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $11,333      4.50%     1/10/2033         12,438      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $11,699      4.00%     1/11/2024         12,308      0.00%
     Federal   National   Mortgage   Association                $10,962      5.00%      1/7/2036         12,306      0.00%
     Government    National   Mortgage   Association               $10,930      4.50%     15/6/2040         12,102      0.00%
     Government    National   Mortgage   Association               $10,328      6.50%     15/7/2035         11,781      0.00%
     Federal   Home  Loan  Mortgage   Corp.               $11,151      4.00%     1/12/2026         11,744      0.00%
                                328/362

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                                                有価証券報告書（内国投資信託受益証券）
     Federal   National   Mortgage   Association                $11,122      3.00%     1/11/2026         11,630      0.00%
     Government    National   Mortgage   Association               $10,014      6.50%     15/9/2032         11,408      0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   Home  Loan  Mortgage   Corp.                $9,896     5.50%      1/6/2038         11,278      0.00%
     Becton   Dickinson   & Co.                   $10,000      3.79%     20/5/2050         11,256      0.00%
     Government    National   Mortgage   Association               $9,882     6.00%     15/2/2033         11,253      0.00%
     Federal   National   Mortgage   Association                 $9,713     6.00%      1/2/2037         11,203      0.00%
     Timken   Co.                       $10,000      4.50%     15/12/2028          11,164      0.00%
     Government    National   Mortgage   Association               $9,807     5.50%     20/6/2034         11,146      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $9,849     5.00%      1/1/2034         10,965      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $9,645     5.50%      1/2/2036         10,952      0.00%
     Federal   National   Mortgage   Association                 $9,482     6.00%      1/1/2036         10,942      0.00%
     CD 2018-CD7    Mortgage   Trust                 $10,000      4.21%     15/8/2051         10,906      0.00%
     Government    National   Mortgage   Association               $10,632      3.00%     15/1/2026         10,796      0.00%
     Intel  Corp.                        $10,000      3.70%     29/7/2025         10,785      0.00%
     Voya  Financial,   Inc.                    $10,000      3.65%     15/6/2026         10,783      0.00%
     Federal   National   Mortgage   Association                 $9,007     7.00%      1/7/2032         10,539      0.00%
     Government    National   Mortgage   Association               $9,250     6.50%     15/2/2032         10,534      0.00%
     Ares  Capital   Corp.                     $10,000      3.25%     15/7/2025         10,374      0.00%
     Federal   National   Mortgage   Association                 $8,864     6.50%      1/7/2036         10,366      0.00%
     JPMorgan   Chase  & Co.＾                   $10,000      3.11%     22/4/2051         10,318      0.00%
     O'Reilly   Automotive,    Inc.                   $9,000     4.20%      1/4/2030         10,172      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $9,132     5.50%      1/6/2028         10,013      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $9,593     4.50%      1/7/2025         10,012      0.00%
     Federal   National   Mortgage   Association                 $8,623     6.50%      1/2/2032         9,975      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $9,107     4.00%      1/7/2039         9,927      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $9,310     3.00%      1/6/2031         9,762      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $8,727     4.50%      1/9/2039         9,612      0.00%
     Government    National   Mortgage   Association               $8,743     4.00%     15/4/2039          9,512      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $8,143     6.00%     1/12/2037          9,416      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $7,960     6.50%      1/6/2034         9,275      0.00%
     Federal   National   Mortgage   Association                 $7,718     7.00%      1/8/2037         9,167      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $7,737     7.00%      1/4/2032         9,044      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $7,934     6.00%      1/7/2029         8,872      0.00%
     Federal   National   Mortgage   Association                 $7,732     6.00%     1/10/2035          8,868      0.00%
     Federal   National   Mortgage   Association                 $8,198     4.00%      1/5/2025         8,633      0.00%
     Federal   National   Mortgage   Association                 $7,401     6.50%      1/7/2035         8,605      0.00%
     Government    National   Mortgage   Association               $7,712     3.50%     15/10/2047          8,157      0.00%
     Federal   National   Mortgage   Association                 $7,007     6.50%      1/3/2035         8,114      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $7,343     4.50%      1/4/2040         8,091      0.00%
     Sherwin-Williams      Co.                    $8,000     2.75%      1/6/2022         8,057      0.00%
     Federal   National   Mortgage   Association                 $7,325     6.50%     1/12/2031          8,052      0.00%
     Federal   National   Mortgage   Association                 $7,113     5.50%      1/1/2033         8,016      0.00%
     Government    National   Mortgage   Association               $7,663     4.00%     15/9/2025          7,886      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $6,838     5.50%      1/2/2039         7,816      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $6,803     6.00%      1/8/2037         7,796      0.00%
     Government    National   Mortgage   Association               $6,930     5.00%     15/6/2039          7,760      0.00%
     Government    National   Mortgage   Association               $6,405     6.00%     20/8/2036          7,366      0.00%
     Government    National   Mortgage   Association               $6,688     5.50%     15/12/2040          7,252      0.00%
     Federal   National   Mortgage   Association                 $6,848     3.50%      1/3/2024         7,215      0.00%
                                329/362


                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
     Federal   Home  Loan  Mortgage   Corp.                $6,184     5.50%      1/7/2038         7,052      0.00%
     Federal   National   Mortgage   Association                 $6,069     6.50%      1/7/2032         7,025      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $6,162     6.00%      1/1/2036         6,926      0.00%
     Government    National   Mortgage   Association               $6,094     6.00%     15/8/2032          6,876      0.00%
     Government    National   Mortgage   Association               $5,874     6.50%     20/9/2036          6,859      0.00%
     Federal   National   Mortgage   Association                 $5,916     6.00%     1/10/2037          6,834      0.00%
     Government    National   Mortgage   Association               $5,904     5.50%     20/8/2040          6,785      0.00%
     Government    National   Mortgage   Association               $6,596     4.00%     20/9/2025          6,784      0.00%
     Federal   National   Mortgage   Association                 $5,788     7.00%      1/9/2035         6,779      0.00%
     Government    National   Mortgage   Association               $5,837     6.00%     20/12/2036          6,723      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $5,778     7.00%      1/6/2032         6,637      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $5,715     6.00%      1/6/2037         6,622      0.00%
     Federal   National   Mortgage   Association                 $5,837     5.50%      1/7/2035         6,609      0.00%
     Federal   National   Mortgage   Association                 $5,659     6.50%      1/9/2037         6,591      0.00%
     Federal   National   Mortgage   Association                 $5,967     4.50%      1/8/2039         6,570      0.00%
     Federal   National   Mortgage   Association                 $6,315     4.50%      1/4/2023         6,435      0.00%
     Halliburton    Co.                      $6,000     3.50%      1/8/2023         6,198      0.00%
     Federal   National   Mortgage   Association                 $5,790     4.00%      1/8/2026         6,096      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $5,191     6.50%      1/9/2038         6,091      0.00%
     Government    National   Mortgage   Association               $5,270     6.00%     20/7/2036          6,059      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $5,729     4.00%      1/8/2025         6,034      0.00%
     Norfolk   Southern   Corp.                    $5,000     4.05%     15/8/2052          6,006      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $5,702     4.00%      1/5/2025         6,005      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $5,343     5.00%      1/2/2037         6,003      0.00%
                                                 公正価格      純資産総額

                              元本      利率     償還日
                                                 （米ドル）       比率
     Federal   National   Mortgage   Association                  $5,144     7.00%      1/9/2031         5,986     0.00%
     Government    National   Mortgage   Association                 $4,935     7.00%     20/11/2038          5,845     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $5,218     6.00%      1/3/2029         5,831     0.00%
     Federal   National   Mortgage   Association                  $4,960     6.50%      1/1/2039         5,824     0.00%
     Federal   National   Mortgage   Association                  $4,944     6.00%      1/7/2040         5,716     0.00%
     Government    National   Mortgage   Association                 $4,879     6.50%     20/1/2036         5,687     0.00%
     Walmart,   Inc.                        $5,000     3.55%     26/6/2025         5,395     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $4,721     4.50%     1/11/2040         5,202     0.00%
     Government    National   Mortgage   Association                 $4,705     5.00%     15/3/2040         5,177     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $4,267     7.00%      1/1/2034         5,105     0.00%
     Government    National   Mortgage   Association                 $4,415     6.00%     20/7/2034         5,058     0.00%
     Prologis   LP                        $5,000     2.25%     15/4/2030         5,025     0.00%
     Raytheon   Technologies     Corp.                   $5,000     2.25%      1/7/2030         4,987     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $4,378     5.00%      1/2/2038         4,923     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $4,517     5.00%      1/5/2024         4,907     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $4,227     6.00%      1/5/2033         4,874     0.00%
     Government    National   Mortgage   Association                 $4,319     6.00%     20/1/2032         4,870     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $4,271     6.50%      1/1/2029         4,799     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $4,234     4.00%      1/9/2033         4,609     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $4,075     5.50%      1/8/2035         4,583     0.00%
     Federal   National   Mortgage   Association                  $3,943     6.00%      1/1/2038         4,533     0.00%
     Government    National   Mortgage   Association                 $3,886     5.50%     15/9/2038         4,478     0.00%
     Government    National   Mortgage   Association                 $3,648     6.50%     20/12/2035          4,279     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $3,746     5.50%      1/6/2033         4,213     0.00%
     Federal   National   Mortgage   Association                  $4,006     4.00%      1/6/2024         4,213     0.00%
                                330/362


                                                          EDINET提出書類
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                                                有価証券報告書（内国投資信託受益証券）
     Federal   Home  Loan  Mortgage   Corp.                 $3,638     6.00%     1/10/2036         4,195     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $3,916     4.50%      1/1/2025         4,069     0.00%
     Government    National   Mortgage   Association                 $3,392     5.50%     20/5/2037         3,858     0.00%
     Government    National   Mortgage   Association                 $3,509     4.00%     20/2/2026         3,678     0.00%
     Government    National   Mortgage   Association                 $3,189     6.50%     15/5/2034         3,673     0.00%
     Government    National   Mortgage   Association                 $3,484     4.50%     15/10/2024          3,588     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $3,305     4.00%      1/6/2025         3,481     0.00%
     Government    National   Mortgage   Association                 $3,050     6.00%     15/6/2033         3,383     0.00%
     Federal   National   Mortgage   Association                  $2,971     5.00%      1/8/2034         3,337     0.00%
     Government    National   Mortgage   Association                 $3,073     3.50%     15/12/2042          3,283     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,914     5.00%      1/3/2035         3,275     0.00%
     Federal   National   Mortgage   Association                  $2,828     6.00%      1/7/2038         3,270     0.00%
     Federal   National   Mortgage   Association                  $2,857     5.00%     1/12/2032         3,178     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,815     7.00%     1/12/2034         3,072     0.00%
     Government    National   Mortgage   Association                 $2,679     5.50%     15/10/2038          3,049     0.00%
     Federal   National   Mortgage   Association                  $2,624     6.00%      1/2/2036         2,994     0.00%
     Government    National   Mortgage   Association                 $2,647     5.50%     15/12/2032          2,979     0.00%
     Federal   National   Mortgage   Association                  $2,581     6.50%      1/5/2038         2,825     0.00%
     Government    National   Mortgage   Association                 $2,410     4.50%     15/11/2040          2,714     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,412     5.00%     1/11/2039         2,710     0.00%
     Federal   National   Mortgage   Association                  $2,444     4.50%      1/8/2035         2,699     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,633     4.50%      1/3/2023         2,681     0.00%
     Government    National   Mortgage   Association                 $2,338     6.50%     15/1/2033         2,678     0.00%
     Government    National   Mortgage   Association                 $2,270     6.50%     20/8/2037         2,655     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,200     7.00%      1/2/2037         2,528     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,164     6.00%     1/11/2037         2,498     0.00%
     Federal   National   Mortgage   Association                  $2,148     5.00%      1/6/2030         2,355     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,012     6.00%     1/12/2032         2,296     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,119     4.00%      1/1/2025         2,229     0.00%
     Government    National   Mortgage   Association                 $1,926     6.00%     15/9/2039         2,218     0.00%
     Freddie   Mac  Multifamily    Structured    Pass  Through   Certificates           $2,161     2.79%     25/1/2022         2,161     0.00%
     Government    National   Mortgage   Association                 $1,872     6.00%     15/12/2035          2,155     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $2,090     5.50%     1/10/2025         2,142     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $1,828     6.50%     1/10/2037         2,136     0.00%
     Government    National   Mortgage   Association                 $1,798     7.00%     20/8/2038         2,119     0.00%
     Federal   National   Mortgage   Association                  $1,975     4.00%      1/6/2026         2,081     0.00%
     Government    National   Mortgage   Association                 $1,753     5.50%     20/1/2037         2,001     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $1,930     5.00%     1/11/2023         1,991     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $1,664     6.50%     1/11/2038         1,935     0.00%
     Government    National   Mortgage   Association                 $1,667     4.50%     15/9/2045         1,882     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $1,596     6.00%     1/10/2038         1,851     0.00%
     Federal   National   Mortgage   Association                  $1,581     6.00%      1/9/2035         1,814     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $1,712     5.50%      1/2/2024         1,770     0.00%
     Federal   National   Mortgage   Association                  $1,481     7.00%      1/4/2036         1,760     0.00%
     Federal   National   Mortgage   Association                  $1,538     6.50%      1/8/2029         1,739     0.00%
     Federal   Home  Loan  Mortgage   Corp.                 $1,486     7.00%      1/1/2028         1,660     0.00%
                                                公正価格      純資産総額

                             元本       利率      償還日
                                                （米ドル）        比率
     Federal   National   Mortgage   Association                 $1,538     5.50%      1/5/2025         1,629      0.00%
     Government    National   Mortgage   Association               $1,350     6.50%     15/10/2038          1,565      0.00%
     Federal   National   Mortgage   Association                 $1,445     4.50%     1/10/2023          1,544      0.00%
                                331/362


                                                          EDINET提出書類
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                                                有価証券報告書（内国投資信託受益証券）
     Federal   National   Mortgage   Association                 $1,385     5.50%     1/11/2024          1,457      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $1,313     4.50%      1/5/2023         1,339      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $1,252     5.00%      1/4/2024         1,296      0.00%
     Government    National   Mortgage   Association               $1,161     6.00%     15/2/2037          1,234      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $1,032     4.50%     1/12/2024          1,073      0.00%
     Federal   National   Mortgage   Association                  $949     7.00%      1/4/2035         1,054      0.00%
     Federal   Home  Loan  Mortgage   Corp.                $939     4.50%      1/9/2024          975     0.00%
     Federal   National   Mortgage   Association                  $854     5.50%      1/2/2038          969     0.00%
     Federal   National   Mortgage   Association                  $815     5.50%     1/10/2039          926     0.00%
     Government    National   Mortgage   Association                $832     6.00%     15/11/2031           921     0.00%
     Government    National   Mortgage   Association                $737     6.50%     15/12/2038           861     0.00%
     Government    National   Mortgage   Association                $697     6.50%     15/11/2032           830     0.00%
     Federal   Home  Loan  Mortgage   Corp.                $786     4.50%     1/11/2024          817     0.00%
     Federal   Home  Loan  Mortgage   Corp.                $648     6.00%      1/1/2024          664     0.00%
     Federal   National   Mortgage   Association                  $629     5.50%      1/7/2024          647     0.00%
     Government    National   Mortgage   Association                $561     6.50%     15/1/2032          630     0.00%
     Federal   Home  Loan  Mortgage   Corp.                $538     4.00%     1/10/2025          566     0.00%
     Federal   Home  Loan  Mortgage   Corp.                $519     4.00%      1/6/2024          546     0.00%
     Federal   Home  Loan  Mortgage   Corp.                $462     4.50%      1/7/2024          479     0.00%
     Federal   National   Mortgage   Association                  $390     6.50%      1/7/2034          451     0.00%
     Federal   National   Mortgage   Association                  $334     5.00%     1/11/2023          363     0.00%
     Government    National   Mortgage   Association                $287     6.00%     15/2/2029          310     0.00%
     Federal   Home  Loan  Mortgage   Corp.                $281     5.00%      1/7/2025          284     0.00%
     Federal   National   Mortgage   Association                  $274     5.00%      1/8/2022          274     0.00%
     Federal   National   Mortgage   Association                  $205     4.00%      1/4/2024          216     0.00%
     Federal   Home  Loan  Mortgage   Corp.                $205     4.50%      1/2/2024          211     0.00%
     Federal   National   Mortgage   Association                  $175     4.50%      1/6/2024          180     0.00%
     Government    National   Mortgage   Association                $118     6.00%     15/10/2038           129     0.00%
     Federal   National   Mortgage   Association                  $101     5.00%     1/11/2035          113     0.00%
     Federal   National   Mortgage   Association                  $54    6.00%      1/8/2022          55     0.00%
     Federal   National   Mortgage   Association                  $46    4.50%     1/11/2022           46     0.00%
     Federal   National   Mortgage   Association                $(51,000)      1.50%      1/1/2052        (49,307)       0.00%
                                                 9,802,352,925        41.86%
     ウルグアイ    0.03%  (2020:  0.03%)
     Uruguay   Government    International    Bond             $1,700,000       4.98%     20/4/2055        2,231,256       0.01%
     Uruguay   Government    International    Bond             $975,000      5.10%     18/6/2050        1,292,558       0.01%
     Uruguay   Government    International    Bond             $975,000      4.38%     27/10/2027         1,095,512       0.01%
     Uruguay   Government    International    Bond             $725,000      7.63%     21/3/2036        1,094,139       0.00%
     Uruguay   Government    International    Bond             $758,000      4.38%     23/1/2031         873,234       0.00%
     Uruguay   Government    International    Bond             $350,000      4.50%     14/8/2024         370,551       0.00%
     Uruguay   Government    International    Bond             $300,000      4.13%     20/11/2045         355,460       0.00%
                                                  7,312,710       0.03%
     債券合計                                           22,940,228,991         97.96%
     損益を通じて公正価値で測定される金融資産                                           22,940,228,991         97.96%
                                              未実現利益／(損失)        純資産総額

                                   契約数      想定元本
                                                （米ドル）        比率
     金融デリバティブ商品
     先物0.00%    (2020:  0.00%)
     US Treasury   Note  5 Year  March  2022                     54    $6,504,305         28,430      0.00%
     US Ultra  Bond  March  2022                         (70)    $(13,750,625)         (48,125)       (0.00%)
                                332/362


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     US Treasury   Note  10 Year  March  2022                    153    $20,011,424         (49,705)       (0.00%)
     Euro-Schatz    March  2022                         454   EUR50,929,720          (77,444)       (0.00%)
     US Treasury   Ultra  10 Year  March  2022                    243    $35,663,984         (79,672)       (0.00%)
     US Treasury   Note  2 Year  March  2022                     590    $128,855,093          (133,686)       (0.00%)
                                                  (360,202)       (0.00%)
                                                  未実現利益

                        (売却)                               純資産総額
      通貨     購入金額       通貨                取引相手          決済日      ／(損失)
                         金額                                比率
                                                  （米ドル）
     オープン為替先渡取引        (0.21%)   (2020:  1.14%)
     USD       1,175,210,715        JPY   (132,296,995,868)           Standard   Chartered    Bank    5/1/2022     26,342,897       0.11%
     USD       234,395,393       JPY    (26,400,000,000)               HSBC  Bank    5/1/2022      5,137,652      0.02%
     USD       234,041,931       JPY    (26,400,000,000)                UBS  AG    5/1/2022      4,784,190      0.02%
     USD       232,673,328       JPY    (26,400,000,000)               HSBC  Bank    5/1/2022      3,415,588      0.01%
     USD       158,649,715       JPY    (18,000,000,000)                UBS  AG    5/1/2022      2,337,619      0.01%
     USD       1,139,033,000       EUR     (1,000,000,000)        State  Street  Bank  & Trust  Co.    4/1/2022      1,833,263      0.01%
     EUR       198,405,029       USD     (224,356,407)          Toronto-Dominion       Bank    4/1/2022      1,269,740      0.00%
                                                  未実現利益

                        (売却)                               純資産総額
      通貨     購入金額       通貨                取引相手          決済日      ／(損失)
                         金額                                比率
                                                  （米ドル）
     MYR       383,053,701       USD      (90,943,424)             BNP  Paribas     4/1/2022      1,004,176      0.00%
     KRW      391,135,754,317        USD     (328,354,394)          JPMorgan    Chase  Bank    4/1/2022      676,735      0.00%
     THB       2,625,267,814       USD      (77,937,663)             BNP  Paribas     5/1/2022      650,784      0.00%
     EUR       100,000,000       USD     (113,220,000)             Morgan   Stanley     4/1/2022      499,974      0.00%
     USD       560,693,274       JPY    (64,496,995,868)           Toronto-Dominion      Bank    2/2/2022      474,704      0.00%
     USD        24,841,072      COP    (99,724,484,800)               Citibank   NA    2/2/2022      427,213      0.00%
     USD       284,654,000       EUR     (250,000,000)        State  Street  Bank  & Trust  Co.    4/1/2022      354,066      0.00%
     USD       284,585,500       EUR     (250,000,000)              HSBC  Bank    4/1/2022      285,566      0.00%
     USD       284,579,750       EUR     (250,000,000)        State  Street  Bank  & Trust  Co.    4/1/2022      279,816      0.00%
     USD        19,897,033      COP    (80,000,000,000)          Standard   Chartered    Bank    4/1/2022      241,013      0.00%
     USD       111,583,665       SEK    (1,008,270,000)             Barclays   Bank  plc   4/1/2022      219,991      0.00%
     SEK       252,067,500       USD      (27,634,435)         Toronto-Dominion      Bank    4/1/2022      206,483      0.00%
     USD       235,598,634       EUR     (207,005,029)              HSBC  Bank    4/1/2022      192,569      0.00%
     CNY       761,450,000       USD     (119,312,128)       Brown  Brothers   Harriman   & Co.    5/1/2022      154,565      0.00%
     PEN        61,060,346      USD      (15,160,103)             Citibank   NA    4/1/2022      140,366      0.00%
     USD       156,471,396       JPY    (18,000,000,000)               HSBC  Bank    2/2/2022      124,048      0.00%
     DKK       100,000,000       USD      (15,183,654)             BNP  Paribas     4/1/2022      106,282      0.00%
     IDR      753,270,500,000        USD      (52,750,035)         Standard   Chartered    Bank    4/1/2022      101,781      0.00%
     IDR      753,270,500,000        USD      (52,750,035)         Standard   Chartered    Bank    4/1/2022      101,780      0.00%
     USD        43,379,859       ILS     (134,745,000)              BNP  Paribas     2/2/2022       81,560     0.00%
     USD        18,757,240      HUF     (6,056,000,000)              BNP  Paribas     4/1/2022       71,574     0.00%
     USD        85,638,764      DKK     (559,690,000)            Barclays   Bank  plc   4/1/2022       62,524     0.00%
     USD        4,905,673      COP    (19,724,484,800)           Toronto-Dominion      Bank    4/1/2022       59,362     0.00%
     USD       157,490,099       JPY    (18,125,000,000)           Toronto-Dominion      Bank    2/2/2022       57,005     0.00%
     USD       156,621,188       JPY    (18,025,000,000)           Toronto-Dominion      Bank    2/2/2022       56,691     0.00%
     USD        41,825,360      SEK     (378,101,250)            Barclays   Bank  plc   2/2/2022       54,049     0.00%
     USD        41,825,360      SEK     (378,101,250)            Barclays   Bank  plc   2/2/2022       54,049     0.00%
     USD       160,089,459       JPY    (18,425,000,000)                UBS  AG    2/2/2022       50,576     0.00%
     USD       159,220,588       JPY    (18,325,000,000)                UBS  AG    2/2/2022       50,302     0.00%
     USD       158,351,304       JPY    (18,225,000,000)           Toronto-Dominion      Bank    2/2/2022       49,615     0.00%
                                333/362


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     USD       162,689,004       JPY    (18,725,000,000)               HSBC  Bank    2/2/2022       44,332     0.00%
     USD       161,820,171       JPY    (18,625,000,000)               HSBC  Bank    2/2/2022       44,095     0.00%
     USD       160,951,338       JPY    (18,525,000,000)               HSBC  Bank    2/2/2022       43,859     0.00%
     USD        27,203,034      NOK     (239,730,000)          Toronto-Dominion      Bank    2/2/2022       32,268     0.00%
     USD       936,956,917       GBP     (691,790,000)              HSBC  Bank    2/2/2022       26,593     0.00%
     EUR        10,000,000      USD      (11,350,600)             BNP  Paribas     4/1/2022       21,397     0.00%
     USD        2,201,916      KRW     (2,600,000,000)              BNP  Paribas     4/1/2022       14,744     0.00%
     USD        42,722,443      NZD      (62,415,000)             BNP  Paribas     2/2/2022       6,031     0.00%
     THB        16,000,000      USD       (474,140)        Standard   Chartered    Bank    2/2/2022       4,730     0.00%
     THB        22,641,000      USD       (676,481)            HSBC  Bank    2/2/2022       1,150     0.00%
     USD       682,668,037       CAD     (862,335,000)          Toronto-Dominion      Bank    2/2/2022        811    0.00%
     USD        4,874,701      HKD      (38,000,000)       State  Street  Bank  & Trust  Co.    4/1/2022        594    0.00%
     USD        63,509,262      MXN     (1,306,195,000)        State  Street  Bank  & Trust  Co.    2/2/2022        321    0.00%
     USD        1,369,384      NZD      (2,000,000)       State  Street  Bank  & Trust  Co.    6/1/2022        113    0.00%
     THB        40,000,000      USD      (1,197,067)             HSBC  Bank    2/2/2022        107    0.00%
     USD        4,874,486      HKD      (38,000,000)         Toronto-Dominion      Bank    7/2/2022        71    0.00%
     USD        10,291,258      CAD      (13,000,000)          JPMorgan    Chase  Bank    2/2/2022        (187)    (0.00%)
     GBP        14,000,000      USD      (18,961,866)          JPMorgan    Chase  Bank    2/2/2022        (874)    (0.00%)
     USD        43,663,878      CHF      (39,755,000)         Toronto-Dominion      Bank    2/2/2022       (1,391)     (0.00%)
     USD        98,849,936      CHF      (90,000,000)               UBS  AG    2/2/2022       (2,389)     (0.00%)
     USD       388,570,685       AUD     (534,405,000)        State  Street  Bank  & Trust  Co.    2/2/2022       (4,977)     (0.00%)
     USD       284,464,000       EUR     (250,000,000)          JPMorgan    Chase  Bank    2/2/2022       (5,447)     (0.00%)
     USD       284,462,500       EUR     (250,000,000)              BNP  Paribas     2/2/2022       (6,947)     (0.00%)
     USD       284,461,750       EUR     (250,000,000)              HSBC  Bank    2/2/2022       (7,697)     (0.00%)
     USD        5,458,515      KRW     (6,500,000,000)           JPMorgan    Chase  Bank    4/1/2022       (9,413)     (0.00%)
     USD       284,290,250       EUR     (250,000,000)        State  Street  Bank  & Trust  Co.    4/1/2022       (9,684)     (0.00%)
     USD       284,459,250       EUR     (250,000,000)        State  Street  Bank  & Trust  Co.    2/2/2022       (10,197)     (0.00%)
     USD        1,082,252      CHF      (1,000,000)       State  Street  Bank  & Trust  Co.    4/1/2022       (15,262)     (0.00%)
     USD        5,669,020      EUR      (5,000,000)             BNP  Paribas     2/2/2022       (20,369)     (0.00%)
     USD        1,429,918      AUD      (2,000,000)       State  Street  Bank  & Trust  Co.    5/1/2022       (24,186)     (0.00%)
     USD        5,641,855      EUR      (5,000,000)         JPMorgan    Chase  Bank    4/1/2022       (44,144)     (0.00%)
     USD        29,347,179      SGD      (39,732,500)              HSBC  Bank    4/2/2022      (118,723)      (0.00%)
     USD        29,347,179      SGD      (39,732,500)              HSBC  Bank    4/2/2022      (118,723)      (0.00%)
     USD       118,961,692       CNY     (761,450,000)       Brown  Brothers   Harriman   & Co.    8/2/2022      (133,277)      (0.00%)
     USD        52,599,015       IDR   (753,270,500,000)           Standard   Chartered    Bank    3/2/2022      (134,402)      (0.00%)
     USD        52,599,015       IDR   (753,270,500,000)           Standard   Chartered    Bank    3/2/2022      (134,402)      (0.00%)
     USD        3,676,516      MXN      (78,000,000)       State  Street  Bank  & Trust  Co.    4/1/2022      (134,870)      (0.00%)
     USD        15,162,362      PEN      (61,060,346)             Citibank   NA    4/1/2022      (138,107)      (0.00%)
     USD        15,133,801      PEN      (61,060,346)             Citibank   NA    2/2/2022      (148,111)      (0.00%)
     USD        18,937,800      EUR      (16,800,000)               UBS  AG    4/1/2022      (167,156)      (0.00%)
                                                  未実現利益

                        (売却)                               純資産総額
      通貨     購入金額       通貨                取引相手          決済日      ／(損失)
                         金額                                比率
                                                  （米ドル）
     USD        18,451,742      HUF     (6,056,000,000)              BNP  Paribas     2/2/2022      (181,921)      (0.00%)
     USD        27,640,708      SEK     (252,067,500)          Toronto-Dominion      Bank    2/2/2022      (206,833)      (0.00%)
     USD       284,027,750       EUR     (250,000,000)        State  Street  Bank  & Trust  Co.    4/1/2022      (272,184)      (0.00%)
     USD       568,652,500       EUR     (500,000,000)              BNP  Paribas     2/2/2022      (286,395)      (0.00%)
     USD       283,990,250       EUR     (250,000,000)        State  Street  Bank  & Trust  Co.    4/1/2022      (309,684)      (0.00%)
     USD        35,617,179      CZK     (787,670,000)              BNP  Paribas     2/2/2022      (329,420)      (0.00%)
     USD       119,106,836       CNY     (761,450,000)       Brown  Brothers   Harriman   & Co.    5/1/2022      (359,858)      (0.00%)
     USD        56,993,966      RUB     (4,331,000,000)                UBS  AG    1/2/2022      (373,161)      (0.00%)
                                334/362


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     USD        40,983,059      NZD      (60,415,000)       State  Street  Bank  & Trust  Co.    6/1/2022      (379,202)      (0.00%)
     USD        41,687,985      PLN     (170,050,000)              BNP  Paribas     2/2/2022      (419,213)      (0.00%)
     COP      99,724,484,800        USD      (24,931,121)             Citibank   NA    4/1/2022      (428,791)      (0.00%)
     USD        69,872,533      DKK     (459,690,000)          Toronto-Dominion      Bank    2/2/2022      (458,441)      (0.00%)
     USD       113,287,300       EUR     (100,000,000)             Morgan   Stanley     2/2/2022      (500,479)      (0.00%)
     USD        52,344,257       IDR   (753,270,500,000)           Standard   Chartered    Bank    4/1/2022      (507,558)      (0.00%)
     USD        52,344,257       IDR   (753,270,500,000)           Standard   Chartered    Bank    4/1/2022      (507,558)      (0.00%)
     USD        42,671,206       ILS     (134,745,000)              BNP  Paribas     4/1/2022      (621,751)      (0.00%)
     USD       328,161,552      KRW    (391,135,754,317)            JPMorgan    Chase  Bank    4/2/2022      (628,487)      (0.00%)
     USD        77,930,259      THB     (2,625,267,814)              BNP  Paribas     2/2/2022      (642,309)      (0.00%)
     USD        81,163,224      EUR      (72,000,000)          JPMorgan    Chase  Bank    4/1/2022      (715,157)      (0.00%)
     USD       226,853,200       EUR     (200,000,000)        State  Street  Bank  & Trust  Co.    2/2/2022      (722,358)      (0.00%)
     USD        26,442,972      NOK     (239,730,000)             Morgan   Stanley     4/1/2022      (742,540)      (0.00%)
     USD        41,410,464      PLN     (170,050,000)              BNP  Paribas     4/1/2022      (781,378)      (0.00%)
     USD        77,748,854      THB     (2,625,267,814)              BNP  Paribas     5/1/2022      (839,593)      (0.00%)
     USD        58,101,234      SGD      (79,465,000)            Morgan   Stanley     4/1/2022      (842,503)      (0.00%)
     USD        90,829,133      MYR     (383,053,701)              BNP  Paribas     4/2/2022      (988,037)      (0.00%)
     USD       567,937,500       EUR     (500,000,000)              BNP  Paribas     2/2/2022      (1,001,395)      (0.00%)
     USD        35,020,319      CZK     (787,670,000)              BNP  Paribas     4/1/2022      (1,025,517)      (0.01%)
     USD       226,495,400       EUR     (200,000,000)        State  Street  Bank  & Trust  Co.    2/2/2022      (1,080,158)      (0.01%)
     USD       320,239,197      KRW    (382,035,754,317)               HSBC  Bank    4/1/2022      (1,136,832)      (0.01%)
     USD       224,489,933       EUR     (198,405,029)          Toronto-Dominion      Bank    2/2/2022      (1,270,742)      (0.01%)
     USD        90,613,198      MYR     (383,053,701)              BNP  Paribas     4/1/2022      (1,334,402)      (0.01%)
     USD       567,526,000       EUR     (500,000,000)        State  Street  Bank  & Trust  Co.    2/2/2022      (1,412,895)      (0.01%)
     USD       567,023,000       EUR     (500,000,000)        Goldman   Sachs  International       2/2/2022      (1,915,895)      (0.01%)
     USD       139,349,762       CHF     (128,755,000)               UBS  AG    4/1/2022      (1,960,669)      (0.01%)
     USD       566,975,000       EUR     (500,000,000)          Toronto-Dominion      Bank    2/2/2022      (1,963,895)      (0.01%)
     USD       566,972,500       EUR     (500,000,000)            Barclays   Bank  plc   2/2/2022      (1,966,395)      (0.01%)
     USD       566,374,500       EUR     (500,000,000)        State  Street  Bank  & Trust  Co.    2/2/2022      (2,564,395)      (0.01%)
     USD       566,329,000       EUR     (500,000,000)        State  Street  Bank  & Trust  Co.    2/2/2022      (2,609,895)      (0.01%)
     USD       311,121,000       EUR     (276,000,000)              HSBC  Bank    4/1/2022      (2,746,127)      (0.01%)
     USD        56,757,088      MXN     (1,228,195,000)                UBS  AG    4/1/2022      (3,257,327)      (0.01%)
     USD       1,416,426,250       EUR     (1,250,000,000)          Toronto-Dominion      Bank    4/1/2022      (5,073,421)      (0.02%)
     USD       700,684,925       EUR     (621,600,000)        State  Street  Bank  & Trust  Co.    4/1/2022      (6,198,431)      (0.03%)
     USD       856,717,600       EUR     (760,000,000)          JPMorgan    Chase  Bank    4/1/2022      (7,554,200)      (0.03%)
     USD       377,696,093       AUD     (532,405,000)          JPMorgan    Chase  Bank    5/1/2022      (9,390,151)      (0.04%)
     USD       672,548,530       CAD     (862,335,000)          Toronto-Dominion      Bank    5/1/2022     (10,137,071)       (0.04%)
     USD       916,007,440       GBP     (691,790,000)        State  Street  Bank  & Trust  Co.    5/1/2022     (20,986,334)       (0.09%)
                                                  (48,770,509)       (0.21%)
     ヘッジ・シェアクラス・レベルのオープン為替先渡取引                  1.24%  (2020:  1.92%)
     GBP       2,350,000,000       USD     (3,111,663,200)          Toronto-Dominion      Bank    5/1/2022     71,290,256       0.30%
     EUR       2,574,236,075       USD     (2,901,750,982)        State  Street  Bank  & Trust  Co.    4/1/2022     25,669,604       0.11%
     GBP       1,000,000,000       USD     (1,334,115,000)             Morgan   Stanley     5/1/2022     20,333,279       0.09%
     GBP       1,000,000,000       USD     (1,334,612,000)         Goldman   Sachs  International       5/1/2022     19,836,279       0.09%
     CHF       1,282,270,283       USD     (1,387,753,420)          Toronto-Dominion      Bank    4/1/2022     19,556,334       0.08%
     GBP       1,000,000,000       USD     (1,335,357,000)          Toronto-Dominion      Bank    5/1/2022     19,091,279       0.08%
     GBP       1,000,000,000       USD     (1,335,922,000)         Goldman   Sachs  International       5/1/2022     18,526,279       0.08%
     GBP       1,000,000,000       USD     (1,336,056,000)          Toronto-Dominion      Bank    5/1/2022     18,392,279       0.08%
     GBP       1,000,000,000       USD     (1,336,662,000)          Toronto-Dominion      Bank    5/1/2022     17,786,279       0.08%
     GBP       1,000,000,000       USD     (1,337,071,000)          Toronto-Dominion      Bank    5/1/2022     17,377,279       0.07%
     GBP       1,000,000,000       USD     (1,337,089,000)          Toronto-Dominion      Bank    5/1/2022     17,359,279       0.07%
     GBP       890,321,006       USD     (1,190,902,281)        State  Street  Bank  & Trust  Co.    5/1/2022     14,991,473       0.06%
                                335/362

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     EUR       895,000,000       USD     (1,008,883,380)          Toronto-Dominion      Bank    4/1/2022      8,910,384      0.04%
     GBP       1,000,000,000       USD     (1,347,440,000)          Toronto-Dominion      Bank    2/2/2022      6,916,559      0.03%
     GBP       1,000,000,000       USD     (1,350,230,000)               HSBC  Bank    2/2/2022      4,126,559      0.02%
     GBP       1,000,000,000       USD     (1,351,040,000)          Toronto-Dominion      Bank    2/2/2022      3,316,559      0.01%
     GBP       1,000,000,000       USD     (1,351,140,000)             Morgan   Stanley     2/2/2022      3,216,559      0.01%
     GBP       1,000,000,000       USD     (1,351,240,000)          Toronto-Dominion      Bank    2/2/2022      3,116,559      0.01%
     GBP       1,000,000,000       USD     (1,351,240,000)          Toronto-Dominion      Bank    2/2/2022      3,116,559      0.01%
     GBP       1,000,000,000       USD     (1,351,240,000)          Toronto-Dominion      Bank    2/2/2022      3,116,559      0.01%
     GBP       1,000,000,000       USD     (1,352,040,000)             Morgan   Stanley     2/2/2022      2,316,559      0.01%
     GBP        42,116,554      USD      (55,766,529)       State  Street  Bank  & Trust  Co.    5/1/2022      1,278,165      0.01%
                                                  未実現利益

                        (売却)                               純資産総額
      通貨     購入金額       通貨                取引相手          決済日      ／(損失)
                         金額                                比率
                                                  （米ドル）
     CHF        70,000,000      USD      (75,760,036)               UBS  AG    4/1/2022      1,065,954      0.01%
     GBP        31,076,043      USD      (41,083,306)       State  Street  Bank  & Trust  Co.    5/1/2022      1,007,587      0.00%
     GBP        25,186,790      USD      (33,337,286)             BNP  Paribas     5/1/2022      776,919      0.00%
     GBP       318,750,000       USD     (430,962,750)             Morgan   Stanley     2/2/2022      738,403      0.00%
     GBP        30,000,000      USD      (39,987,094)         Toronto-Dominion      Bank    5/1/2022      646,355      0.00%
     GBP        19,213,850      USD      (25,388,355)          JPMorgan    Chase  Bank    5/1/2022      635,811      0.00%
     GBP        10,775,122      USD      (14,271,067)          JPMorgan    Chase  Bank    5/1/2022      323,278      0.00%
     GBP        10,027,570      USD      (13,273,424)       State  Street  Bank  & Trust  Co.    5/1/2022      308,401      0.00%
     GBP        8,076,285      USD      (10,694,794)          JPMorgan    Chase  Bank    5/1/2022      244,116      0.00%
     GBP        17,760,267      USD      (23,815,133)       State  Street  Bank  & Trust  Co.    5/1/2022      240,230      0.00%
     GBP        40,824,631      USD      (55,063,119)             BNP  Paribas     5/1/2022      231,732      0.00%
     USD       202,870,085       JPY    (23,340,811,876)           Toronto-Dominion      Bank    5/1/2022      178,350      0.00%
     GBP        6,963,904      USD      (9,295,725)         JPMorgan    Chase  Bank    5/1/2022      136,522      0.00%
     GBP        10,041,172      USD      (13,482,924)          JPMorgan    Chase  Bank    5/1/2022      117,324      0.00%
     GBP        3,747,230      USD      (4,961,707)       State  Street  Bank  & Trust  Co.    5/1/2022      113,722      0.00%
     EUR        11,305,969      USD      (12,744,405)       State  Street  Bank  & Trust  Co.    4/1/2022      112,740      0.00%
     GBP        4,044,271      USD      (5,366,392)             BNP  Paribas     5/1/2022      111,364      0.00%
     GBP        46,459,040      USD      (62,814,480)            Morgan   Stanley     2/2/2022      107,625      0.00%
     GBP        19,972,948      USD      (26,955,650)             BNP  Paribas     2/2/2022       94,843     0.00%
     GBP        2,637,460      USD      (3,487,566)             BNP  Paribas     5/1/2022       84,737     0.00%
     CHF        4,620,432      USD      (5,000,473)       State  Street  Bank  & Trust  Co.    4/1/2022       70,516     0.00%
     GBP        2,161,151      USD      (2,862,244)       State  Street  Bank  & Trust  Co.    5/1/2022       64,924     0.00%
     EUR        7,532,121      USD      (8,511,131)       State  Street  Bank  & Trust  Co.    4/1/2022       54,395     0.00%
     GBP        2,435,090      USD      (3,245,588)       State  Street  Bank  & Trust  Co.    5/1/2022       52,616     0.00%
     EUR       2,000,000,000       USD     (2,275,712,000)           JPMorgan    Chase  Bank    2/2/2022       43,579     0.00%
     CHF       1,213,485,813       USD     (1,332,800,807)          Toronto-Dominion      Bank    2/2/2022       42,453     0.00%
     CHF        3,650,000      USD      (3,966,452)           Barclays   Bank  plc   4/1/2022       39,474     0.00%
     EUR        9,400,000      USD      (10,653,117)           Barclays   Bank  plc   4/1/2022       36,561     0.00%
     EUR        8,356,250      USD      (9,474,350)             BNP  Paribas     2/2/2022       34,042     0.00%
     EUR       1,516,856,339       USD     (1,725,965,603)          Toronto-Dominion      Bank    2/2/2022       31,535     0.00%
     GBP        1,339,850      USD      (1,787,061)             BNP  Paribas     5/1/2022       27,696     0.00%
     EUR        3,055,074      USD      (3,446,985)             BNP  Paribas     4/1/2022       27,244     0.00%
     CHF        1,471,419      USD      (1,590,297)       State  Street  Bank  & Trust  Co.    4/1/2022       24,606     0.00%
     EUR        3,965,617      USD      (4,487,841)             BNP  Paribas     4/1/2022       21,857     0.00%
     EUR        5,013,285      USD      (5,679,320)         JPMorgan    Chase  Bank    4/1/2022       21,786     0.00%
     EUR        2,272,032      USD      (2,563,695)         JPMorgan    Chase  Bank    4/1/2022       20,059     0.00%
     EUR        1,592,342      USD      (1,792,956)       State  Street  Bank  & Trust  Co.    4/1/2022       17,854     0.00%
     EUR        1,571,914      USD      (1,771,905)       State  Street  Bank  & Trust  Co.    4/1/2022       15,675     0.00%
                                336/362


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     CHF        1,526,734      USD      (1,663,029)             BNP  Paribas     4/1/2022       12,583     0.00%
     EUR        1,648,700      USD      (1,862,339)             BNP  Paribas     4/1/2022       12,563     0.00%
     CHF        1,403,076      USD      (1,528,242)       State  Street  Bank  & Trust  Co.    4/1/2022       11,654     0.00%
     CHF         917,282     USD       (996,191)            BNP  Paribas     4/1/2022       10,539     0.00%
     EUR        3,617,708      USD      (4,103,711)         JPMorgan    Chase  Bank    4/1/2022       10,346     0.00%
     CHF         773,764     USD       (839,622)            BNP  Paribas     4/1/2022       9,595     0.00%
     USD        76,811,836      GBP      (56,708,251)               UBS  AG    2/2/2022       8,645     0.00%
     EUR        1,073,225      USD      (1,211,871)             BNP  Paribas     4/1/2022       8,601     0.00%
     EUR        1,959,465      USD      (2,220,313)             BNP  Paribas     4/1/2022       7,990     0.00%
     EUR         896,514     USD      (1,011,831)       State  Street  Bank  & Trust  Co.    4/1/2022       7,685     0.00%
     CHF         452,301     USD       (489,030)         JPMorgan    Chase  Bank    4/1/2022       7,377     0.00%
     CHF         392,520     USD       (424,510)         JPMorgan    Chase  Bank    4/1/2022       6,286     0.00%
     EUR         657,191     USD       (741,541)         JPMorgan    Chase  Bank    4/1/2022       5,816     0.00%
     EUR        2,442,549      USD      (2,772,967)             BNP  Paribas     4/1/2022       4,699     0.00%
     EUR        1,999,820      USD      (2,269,848)       State  Street  Bank  & Trust  Co.    4/1/2022       4,347     0.00%
     EUR         750,963     USD       (849,730)            BNP  Paribas     4/1/2022       4,265     0.00%
     CHF        1,149,721      USD      (1,259,198)         JPMorgan    Chase  Bank    2/2/2022       3,608     0.00%
     CHF         349,570     USD       (380,076)         JPMorgan    Chase  Bank    4/1/2022       3,582     0.00%
     USD       2,708,900,000       GBP     (2,000,000,000)          Toronto-Dominion      Bank    5/1/2022       3,442     0.00%
     CHF         284,125     USD       (308,703)         JPMorgan    Chase  Bank    4/1/2022       3,128     0.00%
     USD       1,388,311,250       GBP     (1,025,000,000)        State  Street  Bank  & Trust  Co.    5/1/2022       1,764     0.00%
     CHF         438,739     USD       (480,475)            BNP  Paribas     4/1/2022       1,047     0.00%
     USD       2,274,400,000       EUR     (2,000,000,000)           JPMorgan    Chase  Bank    4/1/2022        527    0.00%
     USD       1,724,969,029       EUR     (1,516,856,339)          Toronto-Dominion      Bank    4/1/2022        399    0.00%
     USD       143,910,313       GBP     (106,250,000)        State  Street  Bank  & Trust  Co.    5/1/2022        183    0.00%
     USD       1,331,817,827       CHF     (1,213,485,813)          Toronto-Dominion      Bank    4/1/2022        －    0.00%
     USD        1,075,853      JPY     (123,862,977)          JPMorgan    Chase  Bank    2/2/2022        (16)    (0.00%)
     USD        7,839,733      CHF      (7,137,771)         JPMorgan    Chase  Bank    2/2/2022        (103)    (0.00%)
     USD         25,753     CHF       (23,739)      State  Street  Bank  & Trust  Co.    4/1/2022        (301)    (0.00%)
     JPY        4,000,046      USD       (35,194)      State  Street  Bank  & Trust  Co.    5/1/2022        (458)    (0.00%)
     JPY        4,000,036      USD       (35,258)            BNP  Paribas     5/1/2022        (521)    (0.00%)
     JPY        7,000,000      USD       (61,358)        JPMorgan    Chase  Bank    5/1/2022        (570)    (0.00%)
                                                  未実現利益

                        (売却)                               純資産総額
      通貨     購入金額       通貨                取引相手          決済日      ／(損失)
                         金額                                比率
                                                  （米ドル）
     USD        23,069,416      EUR      (20,274,674)          JPMorgan    Chase  Bank    2/2/2022        (685)    (0.00%)
     JPY        15,000,015      USD       (131,255)         JPMorgan    Chase  Bank    5/1/2022        (995)    (0.00%)
     JPY        12,000,099      USD       (105,645)          Barclays   Bank  plc    5/1/2022       (1,436)     (0.00%)
     JPY        11,999,922      USD       (105,828)         JPMorgan    Chase  Bank    5/1/2022       (1,621)     (0.00%)
     USD         191,954     CHF       (176,421)            BNP  Paribas     4/1/2022       (1,671)     (0.00%)
     USD         253,671     EUR       (224,591)         JPMorgan    Chase  Bank    4/1/2022       (1,733)     (0.00%)
     JPY        17,500,022      USD       (154,646)            BNP  Paribas     5/1/2022       (2,675)     (0.00%)
     USD         263,412     CHF       (242,591)            BNP  Paribas     4/1/2022       (2,835)     (0.00%)
     JPY        23,500,032      USD       (207,260)         JPMorgan    Chase  Bank    5/1/2022       (3,185)     (0.00%)
     USD         453,388     CHF       (416,433)            BNP  Paribas     4/1/2022       (3,653)     (0.00%)
     JPY       122,499,981       USD      (1,067,586)       State  Street  Bank  & Trust  Co.    5/1/2022       (3,796)     (0.00%)
     USD         375,952     CHF       (346,062)         JPMorgan    Chase  Bank    4/1/2022       (3,856)     (0.00%)
     JPY        31,999,928      USD       (281,745)         JPMorgan    Chase  Bank    5/1/2022       (3,858)     (0.00%)
     JPY       256,999,993       USD      (2,236,378)             BNP  Paribas     5/1/2022       (4,589)     (0.00%)
     JPY        89,999,967      USD       (786,868)         JPMorgan    Chase  Bank    5/1/2022       (5,308)     (0.00%)
     JPY        43,200,069      USD       (380,593)            BNP  Paribas     5/1/2022       (5,443)     (0.00%)
                                337/362


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                                                有価証券報告書（内国投資信託受益証券）
     USD         557,393     EUR       (494,966)            BNP  Paribas     4/1/2022       (5,482)     (0.00%)
     USD        6,191,681      GBP      (4,575,980)       State  Street  Bank  & Trust  Co.    2/2/2022       (5,828)     (0.00%)
     GBP       106,250,000       USD     (143,906,913)        State  Street  Bank  & Trust  Co.    2/2/2022       (6,528)     (0.00%)
     USD         798,230     EUR       (708,470)         JPMorgan    Chase  Bank    4/1/2022       (7,442)     (0.00%)
     JPY        56,000,078      USD       (493,914)            BNP  Paribas     5/1/2022       (7,609)     (0.00%)
     JPY        55,599,930      USD       (490,465)         JPMorgan    Chase  Bank    5/1/2022       (7,635)     (0.00%)
     JPY        58,000,000      USD       (511,951)      State  Street  Bank  & Trust  Co.    5/1/2022       (8,278)     (0.00%)
     JPY        48,899,954      USD       (433,166)      State  Street  Bank  & Trust  Co.    5/1/2022       (8,519)     (0.00%)
     USD         738,960     CHF       (682,741)            BNP  Paribas     4/1/2022       (10,358)     (0.00%)
     JPY        80,000,000      USD       (705,116)      State  Street  Bank  & Trust  Co.    5/1/2022       (10,396)     (0.00%)
     JPY       174,000,074       USD      (1,528,427)         JPMorgan    Chase  Bank    5/1/2022       (17,409)     (0.00%)
     GBP       2,000,000,000       USD     (2,708,740,000)          Toronto-Dominion      Bank    2/2/2022       (26,883)     (0.00%)
     JPY       267,000,064       USD      (2,347,043)             BNP  Paribas     5/1/2022       (28,413)     (0.00%)
     USD        1,794,061      GBP      (1,347,259)             BNP  Paribas     5/1/2022       (30,731)     (0.00%)
     USD        1,300,713      GBP       (983,334)            BNP  Paribas     5/1/2022       (31,162)     (0.00%)
     JPY       296,699,919       USD      (2,609,992)             BNP  Paribas     5/1/2022       (33,448)     (0.00%)
     GBP       1,025,000,000       USD     (1,388,278,450)        State  Street  Bank  & Trust  Co.    2/2/2022       (62,977)     (0.00%)
     USD        13,242,484      EUR      (11,706,198)          JPMorgan    Chase  Bank    4/1/2022       (69,801)     (0.00%)
     USD        3,111,650      GBP      (2,351,247)         JPMorgan    Chase  Bank    5/1/2022       (72,993)     (0.00%)
     USD        62,817,268      GBP      (46,459,040)            Morgan   Stanley     5/1/2022      (109,099)      (0.00%)
     USD        9,874,298      CHF      (9,113,908)         JPMorgan    Chase  Bank    4/1/2022      (128,345)      (0.00%)
     JPY      23,340,811,876        USD     (202,909,237)          Toronto-Dominion      Bank    2/2/2022      (171,791)      (0.00%)
     USD        10,057,780      GBP      (7,607,366)             HSBC  Bank    5/1/2022      (246,004)      (0.00%)
     USD        39,663,044      CHF      (36,667,691)             BNP  Paribas     4/1/2022      (580,265)      (0.00%)
     USD        48,639,046      CHF      (44,864,559)             BNP  Paribas     4/1/2022      (600,441)      (0.00%)
     USD       430,981,875       GBP     (318,750,000)             Morgan   Stanley     5/1/2022      (748,514)      (0.00%)
     USD        67,594,903      CHF      (62,530,287)               UBS  AG    4/1/2022     (1,032,971)      (0.00%)
     USD       1,352,100,000       GBP     (1,000,000,000)             Morgan   Stanley     5/1/2022     (2,348,279)      (0.01%)
     JPY      21,664,911,747        USD     (190,951,781)               UBS  AG    5/1/2022     (2,813,572)      (0.01%)
     USD       1,351,300,000       GBP     (1,000,000,000)          Toronto-Dominion      Bank    5/1/2022     (3,148,279)      (0.01%)
     USD       1,351,300,000       GBP     (1,000,000,000)          Toronto-Dominion      Bank    5/1/2022     (3,148,279)      (0.01%)
     USD       1,351,300,000       GBP     (1,000,000,000)          Toronto-Dominion      Bank    5/1/2022     (3,148,279)      (0.01%)
     USD       1,351,200,000       GBP     (1,000,000,000)             Morgan   Stanley     5/1/2022     (3,248,279)      (0.01%)
     USD       1,351,100,000       GBP     (1,000,000,000)          Toronto-Dominion      Bank    5/1/2022     (3,348,279)      (0.01%)
     USD       1,350,300,000       GBP     (1,000,000,000)               HSBC  Bank    5/1/2022     (4,148,279)      (0.02%)
     USD       1,347,500,000       GBP     (1,000,000,000)          Toronto-Dominion      Bank    5/1/2022     (6,948,279)      (0.03%)
                                                  291,296,042       1.24%
     金融デリバティブ商品合計                                             242,165,331       1.03%
                                                 公正価格      純資産総額

                                                 （米ドル）       比率
     金融デリバティブ商品の合計                                             236,436,991       1.01%
     純資産                                            23,418,831,313        100.00%
     ＾ 変動利付債（FRN）。実効金利は2021年12月31日時点のものです。

     1 オープン・デリバティブ取引の担保としてその全てまたは一部が差し出された証券を示しています。
                                338/362



                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
    ２【ファンドの現況】

    以下のファンドの現況は2022年                4月28日現在です。
    【楽天・インデックス・バランス・ファンド（債券重視型）】

    【純資産額計算書】

    Ⅰ　資産総額                               3,367,780,847       円　

    Ⅱ　負債総額                                13,076,898     円　
    Ⅲ　純資産総額（Ⅰ－Ⅱ）                               3,354,703,949       円　
    Ⅳ　発行済口数                               2,931,078,754       口　
    Ⅴ　1口当たり純資産額（Ⅲ／Ⅳ）                                   1.1445   円　
    第４【内国投資信託受益証券事務の概要】

    （１）名義書換
        受益者は、委託会社がやむを得ない事情などにより受益証券を発行する場合を除き、無記名式受益証券
        から記名式受益証券への変更の請求、記名式受益証券から無記名式受益証券への変更の請求を行なわな
        いものとします。
    （２）受益者に対する特典
        該当事項はありません。
    （３）譲渡制限の内容
     ①　譲渡制限はありません。
     ②　受益権の譲渡
       ・受益者は、その保有する受益権を譲渡する場合には、当該受益者の譲渡の対象とする受益権が記載また
        は記録されている振替口座簿に係る振替機関等に振替の申請をするものとします。
       ・前述の申請のある場合には、振替機関等は、当該譲渡に係る譲渡人の保有する受益権の口数の減少およ
        び譲受人の保有する受益権の口数の増加につき、その備える振替口座簿に記載または記録するものとし
        ます。ただし、振替機関等が振替先口座を開設したものでない場合には、譲受人の振替先口座を開設し
        た他の振替機関等（当該他の振替機関等の上位機関を含みます。）に社債、株式等の振替に関する法律
        の規定にしたがい、譲受人の振替先口座に受益権の口数の増加の記載または記録が行なわれるよう通知
        するものとします。
       ・前述の振替について、委託会社は、当該受益者の譲渡の対象とする受益権が記載または記録されている
        振替口座簿に係る振替機関等と譲受人の振替先口座を開設した振替機関等が異なる場合などにおいて、
        委託会社が必要と認めたときまたはやむを得ない事情があると判断したときは、振替停止日や振替停止
        期間を設けることができます。
     ③　受益権の譲渡の対抗要件
        受益権の譲渡は、振替口座簿への記載または記録によらなければ、委託会社および受託会社に対抗する
        ことができません。
    （４）受益証券の再発行
        受益者は、委託会社がやむを得ない事情などにより受益証券を発行する場合を除き、受益証券の再発行
        の請求を行なわないものとします。
    （５）受益権の再分割
       ・委託会社は、受託会社と協議のうえ、社債、株式等の振替に関する法律に定めるところにしたがい、一
        定日現在の受益権を均等に再分割できるものとします。
       ・ 受益権の再分割を行うにあたり、各受益者が保有する受益権口数に1口未満の端数が生じることとなる場
        合には、当該端数を切り捨てるものとし、当該端数処理は口座管理機関ごとに行います。また、各受益
        者が保有することとなる受益権口数の合計数と、受益権の再分割の比率に基づき委託会社が計算する受
                                339/362


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                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
        益権口数の合計数との間に差が生じることとなる場合には、委託会社が計算する受益権口数を当該差分
        減らし、当該口数にかかる金額については益金として計上することとします。
    （６）質権口記載または記録の受益権の取扱いについて
        振替機関等の振替口座簿の質権口に記載または記録されている受益権にかかる収益分配金の支払い、                                                    解
        約請求の受付、解約金および償還金の支払いなど                         については、約款の規定によるほか、民法その他の法
        令などにしたがって取り扱われます。
                                340/362


















                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
    第二部【委託会社等の情報】

    第１【委託会社等の概況】

    １【委託会社等の概況】

    （１）資本金の額（          2022年4月末現在         ）
       資本金の額                       ：  150百万円
       発行可能株式総数                       ：  30,000株
       発行済株式総数                       ：  13,000株
       過去５年間における主な資本金の増減                       ：  該当事項はありません。
    （２）委託会社の機構（             2022年4月末現在         ）

     ①　取締役会
        取締役の任期は、選任後1年以内に終了する事業年度のうち最終のものに関する定時株主総会の終結のと
        きまでとし、補欠のために選任された取締役の任期は、前任者の残任期間とします。
        取締役会は、その決議をもって、取締役中より取締役会長、取締役社長、取締役副社長各1名、専務取締
        役および常務取締役若干名を選任することができます。またその決議をもって、代表取締役を選任しま
        す。
        取締役会は、取締役会長または取締役社長が招集し、招集者がその議長となります。取締役会長および
        取締役社長に事故があるときは、あらかじめ取締役会の決議により定められた順序により、他の取締役
        がこれに代わります。
        取締役会の招集通知は、会日から原則として1週間前までにこれを発します。ただし、緊急のときなど
        は、この期間を短縮することができます。また各取締役および監査役全員の同意があるときは、これを
        省略することができます。
        取締役会は、会社の業務執行を決定し、取締役の職務の執行について監督します。その決議は、取締役
        の過半数が出席し、その出席取締役の過半数の賛成をもって行います。
     ②　監査役
        経営のチェック機能として、業務監査および会計監査による違法または著しく不当な職務執行行為の監
        査を行います。
    （３）投資運用の意思決定プロセス（                   2022年4月末現在         ）

     ①　投資政策委員会において、国内外の経済見通し、市況見通しを検討し、これを基に資産配分の基本方針
        を決定します。
     ②　運用部門は、投資政策委員会の決定に基づき、具体的な運用方針を決定します。
     ③　運用部門のファンドマネジャーは、上記運用方針および運用にかかる諸規則等に従って、ポートフォリ
        オを構築・管理します。
     ④　コンプライアンス部は、投資信託財産の運用にかかるコンプライアンス状況のモニタリングを行い、こ
        れを運用部門にフィードバックします。
    ２【事業の内容及び営業の概況】

       「投資信託及び投資法人に関する法律」に定める投資信託委託会社である委託会社は、証券投資信託の設
       定を行うとともに、「金融商品取引法」に定める金融商品取引業者として、その運用（投資運用業）を
       行っています。また、「金融商品取引法」に定める第二種金融商品取引業にかかる業務の一部および投資
       助言・代理業務を行っています。
       2022年4月末      現在における委託会社の運用する証券投資信託は以下の通りです。

            ファンドの種類                 本数       純資産総額（百万円）
           追加型株式投資信託                     74           1,007,385
               合計                 74           1,007,385
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    ３【委託会社等の経理状況】

     １．委託会社である楽天投信投資顧問株式会社（以下「当社」といいます。）の財務諸表は、「財務諸表等
        の用語、様式及び作成方法に関する規則」（昭和38年大蔵省令第59号、以下「財務諸表等規則」といい
        ます。）、並びに同規則第２条の規定に基づき、「金融商品取引業等に関する内閣府令」(平成19年8月6
        日内閣府令第52号)により作成しております。
      ２．財務諸表に記載している金額は、千円未満の端数を切り捨てて表示しております。

     ３．当社は、金融商品取引法第193条の２第１項の規定に基づき、第16期事業年度（2021年1月1日から2021年

        12月31日まで）の財務諸表について、EY新日本有限責任監査法人による監査を受けております。
    （１）【貸借対照表】

                                                  （単位：千円）
                              前事業年度                 当事業年度
                           （2020年12月31日現在）                 （2021年12月31日現在）
     資産の部
      流動資産
       現金・預金                              998,579                1,174,557
       金銭の信託                              800,000                 800,000
       前払費用                              14,635                 28,356
       未収入金                               1,471                 2,504
       未収委託者報酬                              293,497                 523,351
       未収運用受託報酬                               8,884                 12,497
       立替金                              37,697                 67,118
       その他                              16,553                 26,567
       流動資産計                             2,171,319                 2,634,952
      固定資産
       有形固定資産                  ※１            35,181     ※１            38,373
        器具備品（純額)                             35,181                 38,373
       無形固定資産                              77,137                 65,272
        ソフトウェア                             77,137                 65,272
       投資その他の資産                              464,867                 586,283
        投資有価証券                             432,851                 543,654
        長期前払費用                               623                 689
                                      31,392                 41,939
        繰延税金資産
       固定資産計                              577,186                 689,929
      資産合計                              2,748,506                 3,324,881
     負債の部

      流動負債
       預り金                               5,959                 7,765
       未払金                              38,423                 109,234
       未払費用                              206,729                 349,004
       未払消費税等                              29,627                 50,413
       未払法人税等                              17,764                 29,212
       賞与引当金                              17,559                 25,511
                                      3,000                 3,000
       役員賞与引当金
       流動負債計                              319,063                 574,142
      固定負債
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                                      41,069                 67,554
       退職給付引当金
       固定負債計                              41,069                 67,554
      負債合計                               360,132                 641,696
     純資産の部

      株主資本
       資本金                              150,000                 150,000
       資本剰余金
        資本準備金                             400,000                 400,000
                                     229,716                 229,716
        その他資本剰余金
        資本剰余金合計                             629,716                 629,716
       利益剰余金
        その他利益剰余金
         繰越利益剰余金                          1,584,464                 1,859,505
        利益剰余金合計                            1,584,464                 1,859,505
       株主資本合計                             2,364,180                 2,639,222
      評価・換算差額等
                                      24,193                 43,963
       その他有価証券評価差額金
      評価・換算差額合計                               24,193                 43,963
      純資産合計                              2,388,373                 2,683,185
     負債・純資産合計                               2,748,506                 3,324,881
    （２）【損益計算書】

                                                  （単位：千円）
                              前事業年度                 当事業年度
                           （自2020年1月1日                 （自2021年1月1日
                            至2020年12月31日）                 至2021年12月31日）
     営業収益
      委託者報酬                              1,285,484                 1,912,382
                                     47,067                 117,413
      運用受託報酬
      営業収益計                              1,332,552                 2,029,795
     営業費用
      支払手数料                               401,314                 640,528
      委託費                               105,827                 124,894
      広告宣伝費                                5,837                 19,580
      通信費                               67,273                 86,112
      協会費                                2,030                 2,584
                                        82                 108
      諸会費
      営業費用計                               582,385                 873,808
     一般管理費                    ※1・2            598,185     ※1・2            742,223
     営業利益                                152,000                 413,763
     営業外収益
      受取利息                                  8                 9
      有価証券利息                                 436                 537
      投資有価証券売却益                               44,379                 25,589
      為替差益                                  0                 －
      雑収入                                2,542                   －
      営業外収益計                               47,366                 26,136
     営業外費用
                                        －                  0
      為替差損
      営業外費用計                                  －                  0
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     経常利益                                199,367                 439,899
     特別損失
      固定資産除却損                                 423                  0
      事務所移転費                                 723                  －
                                        －               39,995
      投資有価証券評価損
      特別損失計                                1,146                 39,995
     税引前当期純利益                                198,220                 399,904
     法人税、住民税及び事業税
                                     77,119                 144,134
                                    △14,226                 △19,271
     法人税等調整額
     法人税等合計                                62,892                 124,862
     当期純利益                                135,328                 275,041
    （３）【株主資本等変動計算書】

    前事業年度（自　2020年1月1日　　至　2020年12月31日）

                                                    （単位：千円）

                                    株主資本
                                         資本剰余金
                     資本金
                              資本準備金         その他資本剰余金           資本剰余金合計
    当期首残高                    150,000           400,000           229,716           629,716
    当期変動額
     剰余金の配当
     当期純利益
     株主資本以外の項目の
     当期変動額（純額）
    当期変動額合計                      －           －           －           －
    当期末残高                    150,000           400,000           229,716           629,716
                          株主資本                評価・換算差額等

                      利益剰余金
                                                      純資産合計
                                  株主資本     その他有価証券        評価・換算
                 その他利益剰余金
                           利益剰余金
                                   合計     評価差額金       差額等合計
                            合計
                  繰越利益剰余金
    当期首残高                 1,449,135       1,449,135      2,228,851          △57      △57    2,228,794
    当期変動額
     剰余金の配当
     当期純利益                 135,328       135,328      135,328                     135,328
     株主資本以外の項目の
                                           24,250      24,250       24,250
     当期変動額（純額）
    当期変動額合計                  135,328       135,328      135,328        24,250      24,250      159,579
    当期末残高                 1,584,464       1,584,464      2,364,180         24,193      24,193     2,388,373
    当事業年度（自　2021年1月1日　　至　2021年12月31日）

                                                    （単位：千円）

                                    株主資本
                                         資本剰余金
                     資本金
                              資本準備金         その他資本剰余金           資本剰余金合計
    当期首残高                    150,000           400,000           229,716           629,716
    当期変動額
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     剰余金の配当
     当期純利益
     株主資本以外の項目の
     当期変動額（純額）
    当期変動額合計                      －           －           －           －
    当期末残高                    150,000           400,000           229,716           629,716
                          株主資本                評価・換算差額等

                      利益剰余金
                                                      純資産合計
                                  株主資本     その他有価証券       評価・換算差
                 その他利益剰余金
                           利益剰余金
                                   合計     評価差額金       額等合計
                            合計
                  繰越利益剰余金
    当期首残高                 1,584,464       1,584,464      2,364,180         24,193      24,193     2,388,373
    当期変動額
     剰余金の配当
     当期純利益                 275,041       275,041      275,041                    275,041
     株主資本以外の項目の
                                           19,769      19,769       19,769
     当期変動額（純額）
    当期変動額合計                  275,041       275,041      275,041        19,769      19,769      294,811
    当期末残高                 1,859,505       1,859,505      2,639,222         43,963      43,963     2,683,185
    [注記事項]

    （重要な会計方針）
    １．資産の評価基準及び評価方法
     （１）有価証券
       ◇その他有価証券
        時価のあるもの
         当事業年度末日の市場価格等に基づく時価法（評価差額は、全部純資産直入法により処理し、売却原
        価は、移動平均法により算定）を採用しております。
     （２）金銭の信託

        時価法によっております。
    ２．固定資産の減価償却の方法

     （１）有形固定資産
        定額法を採用しております。
        なお、主な耐用年数は、以下の通りであります。
           器具備品　　　4～20年
        また、取得価額が100千円以上200千円未満の減価償却資産につきましては、3年均等償却によっておりま
        す。
     （２）無形固定資産

        定額法を採用しております。
        なお、自社利用のソフトウエアについては、社内における利用可能期間（5年）に基づいております。
     （３）長期前払費用

        定額法によっております。
    ３．引当金の計上基準

     （１）貸倒引当金
         債権の貸倒による損失に備えるため、一般債権については貸倒実績率により、貸倒懸念債権等特定の
        債権については個別に回収可能性を勘案し、回収不能見込額を計上することとしております。
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     （２）賞与引当金
         従業員への賞与の支払いに備えるため、従業員に対する賞与の支給見込額のうち、当事業年度に帰属
        する額を計上しております。
     （３）役員賞与引当金

         役員への賞与の支払いに備えるため、役員に対する将来の支給見込額のうち、当事業年度末において
        負担すべき額を計上しております。
     （４）退職給付引当金

          従業員の退職給付に備えるため、当事業年度末における退職給付債務の見込額に基づき計上してお
         ります。
         ①　退職給付見込額の期間帰属方法
           退職給付債務の算定にあたり、退職給付見込額を当事業年度末までの期間に帰属させる方法につ
          いては、給付算定式基準によっております。
         ②　数理計算上の差異の費用処理方法
           数理計算上の差異については、各事業年度の発生時における従業員の平均残存勤務期間以内の一
          定の年数（5年）による定額法により按分した額を、それぞれ発生の翌事業年度から費用処理してお
          ります。
    ４．その他財務諸表作成の為の基本となる重要な事項

     （１）消費税等の会計処理方法
         消費税及び地方消費税の会計処理は税抜方式によっており、資産に係る控除対象外消費税及び地方消
        費税は当事業年度の費用として処理しております。
     （２）連結納税制度の適用

         連結納税制度を適用しております。
         なお、当社は、「所得税法等の一部を改正する法律」（2020年法律第8号）において創設されたグ
        ループ通算制度への移行及びグループ通算制度への移行にあわせて単体納税制度の見直しが行われた項
        目については、「連結納税制度からグループ通算制度への移行に係る税効果会計の適用に関する取扱
        い」（実務対応報告第39号　2020年3月31日）第3項の取扱いにより、「税効果会計に係る会計基準の適
        用指針」（企業会計基準適用指針第28号　2018年2月16日）第44項の定めを適用せず、繰延税金資産及び
        繰延税金負債の額について、改正前の税法の規定に基づいております。
    （重要な会計上の見積り）

     該当事項はありません。
    （未適用の会計基準）

    ・「収益認識に関する会計基準」（企業会計基準第29号　2020年3月31日）
    ・「収益認識に関する会計基準の適用指針」（企業会計基準適用指針第30号　2021年3月26日）
    （1）概要

       収益認識に関する包括的な会計基準であります。収益は、次の5つのステップを適用し認識されます。
       ステップ1：顧客との契約を識別する。
       ステップ2：契約における履行義務を識別する。
       ステップ3：取引価格を算定する。
       ステップ4：契約における履行義務に取引価格を配分する。
       ステップ5：履行義務を充足した時に又は充足するにつれて収益を認識する。
    （2）適用予定日

      　2022年12月期の期首より適用予定であります。
    （3）当該会計基準等の適用による影響

       影響額は、軽微であると見込んでおります。
    ・「時価の算定に関する会計基準」（企業会計基準第30号　2019年7月4日）

    ・「時価の算定に関する会計基準の適用指針」（企業会計基準適用指針第31号　2019年7月4日）
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    ・「金融商品に関する会計基準」（企業会計基準第10号　2019年7月4日）
    ・「金融商品の時価等の開示に関する適用指針」（企業会計基準適用指針第19号　2020年3月31日）
    （1）概要

       国際的な会計基準の定めとの比較可能性を向上させるため、「時価の算定に関する会計基準」及び「時
      価の算定に関する会計基準の適用指針（以下「時価算定会計基準等」という。）が開発され、時価の算定
      方法に関するガイダンス等が定められました。時価算定会計基準等は次の項目の時価に適用されます。
     ・「金融商品に関する会計基準」における金融商品

         また「金融商品の時価等の開示に関する適用指針」が改訂され、金融商品の時価のレベルごとの内訳
       等の注記事項が定められました。
    （2）適用予定日

       2022年12月期の期首より適用予定であります。
    （3）当該会計基準等の適用による影響

       影響額は、軽微であると見込んでおります。
     ・「時価の算定に関する会計基準の適用指針」（企業会計基準適用指針第31号　2021年6月17日）

    （1）概要

       投資信託の時価の算定及び注記に関する取扱い並びに、貸借対照表に持分相当額を純額で計上する組合
      等への出資の時価の注記に関する取扱いを定めています。
    （2）適用予定日

       2023年12月期の期首より適用予定であります。
    （3）当該会計基準等の適用による影響

       影響額は、当財務諸表の作成時において評価中であります。
    （表示方法の変更）

    ・「会計上の見積りの開示に関する会計基準」の適用
       「会計上の見積りの開示に関する会計基準」（企業会計基準第31号　2020年3月31日）を当事業年度末に
      係る財務諸表から適用し、財務諸表に「重要な会計上の見積り」を記載しております。
       ただし、当該注記においては、当該会計基準第11項ただし書きに定める経過的な取扱いに従って、前事業
      年度に係る内容については記載しておりません。
    （貸借対照表関係）

    ※１．有形固定資産より控除した減価償却累計額

                                   前事業年度              当事業年度
                                 （2020年12月31日）              （2021年12月31日）
        有形固定資産より控除した減価償却累計額                              11,630   千円           20,177   千円
    （損益計算書関係）

    ※１．役員報酬の範囲

                                   前事業年度              当事業年度
                                 （自2020年1月1日              （自2021年1月1日
                                  至2020年12月31日）              至2021年12月31日）
        取締役　年額                             200,000    千円          200,000    千円
        監査役　年額                              30,000   千円           30,000   千円
    ※２．一般管理費の主なもののうち主要な費目及び金額は、以下のとおりであります。

                                   前事業年度              当事業年度
                                 （自2020年1月1日              （自2021年1月1日
                                  至2020年12月31日）              至2021年12月31日）
        人件費                             277,335    千円          329,108    千円
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        減価償却費                              34,764   千円           34,341   千円
        賞与引当金繰入額                              17,559   千円           25,511   千円
        役員賞与引当金繰入額                               3,000   千円           3,000   千円
        退職給付費用                              18,963   千円           22,693   千円
        経営指導料                              60,299   千円           79,517   千円
    （株主資本等変動計算書関係）

    前事業年度（自　2020年1月1日　至　2020年12月31日）

    １．発行済株式に関する事項

         株式の種類         当事業年度期首             増加          減少        当事業年度末

          普通株式             13,000株              －          －       13,000株
    ２．自己株式に関する事項

       該当事項はありません。
    ３．新株予約権等に関する事項

       該当事項はありません。
    ４．剰余金の配当に関する事項

       該当事項はありません。
    当事業年度（自　2021年1月1日　至　2021年12月31日）

    １．発行済株式に関する事項

         株式の種類         当事業年度期首             増加          減少        当事業年度末

          普通株式             13,000株              －          －       13,000株
    ２．自己株式に関する事項

       該当事項はありません。
    ３．新株予約権等に関する事項

       該当事項はありません。
    ４．剰余金の配当に関する事項

       該当事項はありません。
    （リース取引関係）

       ＜借主側＞

       オペレーティング・リース取引
       オペレーティング・リース取引のうち解約不能のものに係る未経過リース料
                               前事業年度               当事業年度
                             （2020年12月31日）               （2021年12月31日）
       １年内                            28,200千円               31,260千円
       １年超                            54,700千円               29,050千円
       合　計                            82,900千円               60,310千円
    （金融商品関係）

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     １．金融商品の状況に関する事項

        (1）金融商品に対する取組方針
           当社は、投資信託の運用を業として行っております。
           当社では保有する金融資産・負債から生ずる様々なリスクを横断的かつ効率的に管理し、財務の
          健全性の維持を図っております。
           なお、余資運用に関しては、預金等安全性の高い金融資産で運用しております。
        (2）金融商品の内容及びそのリスク並びにリスク管理体制
           現金・預金は、国内通貨による預金等であり、短期間で決済されるため、為替変動リスクや価格
          変動リスクは殆どないと認識しております。金銭の信託は、主に債権等を裏付けとした証券化商品
          を運用対象としておりますが、保有している証券化商品の外部格付機関による格付評価が高いた
          め、価格変動リスクは殆どないと認識しております。
           また、営業債権である未収委託者報酬は、投資信託約款に基づき、信託財産から委託者に対して
          支払われる信託報酬の未払金額であり、信託財産は受託銀行において分別保管されているため、信
          用リスクは殆ど無いと認識しております。同じく営業債権である未収運用受託報酬は、顧客の信用
          リスクに晒されておりますが、顧客ごとに決済期日及び残高を管理することにより、回収懸念の早
          期把握や回収リスクの軽減を図っております。
           投資有価証券は当社運用投資信託であり、当初自己設定および商品性維持を目的に保有しており
          ます。当該投資信託は為替変動リスクや価格変動リスクに晒されておりますが、投資金額はその目
          的に応じた額にとどめられており、定期的に時価の状況を把握し、その内容を経営に報告いたして
          おります。
           未払費用につきましては、そのほとんどが一年以内で決済されます。
     ２．金融商品の時価等に関する事項

         貸借対照表計上額、時価、及びこれらの差額については、次のとおりであります。
         前事業年度（2020年12月31日）                                         （単位：千円）
                          貸借対照表計上額               時価           差額
          資産
           (1)  現金・預金
                                998,579           998,579              －
           (2)  金銭の信託
                                800,000           800,000              －
           (3)  未収委託者報酬
                                293,497           293,497              －
                                 8,884           8,884            －
           (4)  未収運用受託報酬
           (5)  投資有価証券
                                432,851           432,851              －
              ①その他有価証券
               資産計               2,533,813           2,533,813               －
          負債
           (1)  未払金
                                38,423           38,423             －
           (2)  未払費用
                                206,729           206,729              －
           (3)  未払消費税等                   29,627           29,627             －
                                17,764           17,764             －
           (4)  未払法人税等
               負債計                292,543           292,543              －
         当事業年度（2021年12月31日）                                         （単位：千円）

                          貸借対照表計上額               時価           差額
          資産
           (1)  現金・預金                  1,174,557           1,174,557
                                                         －
                                800,000           800,000
           (2)  金銭の信託
                                                         －
                                523,351           523,351
           (3)  未収委託者報酬
                                                         －
                                12,497           12,497
                                                         －
           (4)  未収運用受託報酬
           (5)  投資有価証券
                                543,654           543,654
                                                         －
              ①その他有価証券
               資産計               3,054,060           3,054,060               －
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          負債
           (1)  未払金                   109,234           109,234
                                                         －
                                349,004           349,004
           (2)  未払費用
                                                         －
                                50,413           50,413
           (3)  未払消費税等                                           －
                                29,212           29,212
                                                         －
           (4)  未払法人税等
               負債計                537,865           537,865              －
      （注）１．金融商品の時価の算定方法及び有価証券に関する事項

         ◇資産
          (1)現金・預金　(2)金銭の信託　(3)未収委託者報酬　(4)未収運用受託報酬
            これらは短期間で決済されるため、時価は帳簿価額と類似していることから、当該帳簿価額に
           よっております。
          (5)投資有価証券
            投資信託は公表されている基準価額によっております。
           また、保有目的ごとの有価証券に関する事項については、注記事項「有価証券関係」をご参照く
           ださい。
         ◇負債
          (1)未払金　(2)未払費用　(3)未払消費税等　(4)未払法人税等
            これらは短期間で決済されるため、時価は帳簿価額と類似していることから、当該帳簿価額に
           よっております。
         ２．金銭債権及び満期のある有価証券の決算日後の償還予定額

          前事業年度（2020年12月31日）                                  （単位：千円）
                                     1年以内         1年超
                                              5年以内
          現金・預金                             998,579           －
          金銭の信託                             800,000           －
          未収委託者報酬                             293,497           －
          未収運用受託報酬                              8,884          －
          投資有価証券
           その他有価証券のうち満期があるもの                               －        －
                  合　　　　　計                    2,100,962            －
          当事業年度（2021年12月31日）                                  （単位：千円）

                                     1年以内         1年超
                                              5年以内
          現金・預金                            1,174,557            －
          金銭の信託                             800,000           －
          未収委託者報酬                             523,351           －
          未収運用受託報酬                              12,497           －
          投資有価証券
           その他有価証券のうち満期があるもの                               －        －
                  合　　　　　計                    2,510,406            －
    （有価証券関係）

    １．その他有価証券

         前事業年度（2020年12月31日）
               区分         貸借対照表計上額             取得原価            差額
                           （千円）           （千円）           （千円）
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          貸借対照表計上額が
          取得原価を超えるもの
          （1）株式                       －           －           －
          （2）債券                       －           －           －
          （3）その他                    383,231           311,000            72,231
              小　　計                383,231           311,000            72,231
          貸借対照表計上額が
          取得原価を超えないもの
          （1）株式                       －           －           －
          （2）債券                       －           －           －
          （3）その他                     49,620           86,981         △37,360　
              小　　計                 49,620           86,981          △37,360
              合　　計                432,851           397,981            34,870
         当事業年度（2021年12月31日）

               区分         貸借対照表計上額             取得原価            差額
                           （千円）           （千円）           （千円）
          貸借対照表計上額が
          取得原価を超えるもの
          （1）株式                       －           －           －
          （2）債券                       －           －           －
          （3）その他                     296,186           231,115            65,070
              小　　計                296,186           231,115            65,070
          貸借対照表計上額が
          取得原価を超えないもの
          （1）株式                       －           －           －
          （2）債券                       －           －           －
          （3）その他                     247,468           249,173          △1,705　
              小　　計                247,468           249,173           △1,705
              合　　計                543,654           480,289            63,365
    ２．売却したその他有価証券

         前事業年度（自　2020年1月1日　至　2020年12月31日）
              種類            売却額         売却益の合計額           売却損の合計額
                          （千円）            （千円）           （千円）
          （1）株式                      －            －           －
          （2）債券                      －            －           －
          （3）その他                   268,298            64,367           19,987
              合計              268,298            64,367           19,987
         当事業年度（自　2021年1月1日　至　2021年12月31日）

              種類            売却額         売却益の合計額           売却損の合計額
                          （千円）            （千円）           （千円）
          （1）株式                      －            －           －
          （2）債券                      －            －           －
          （3）その他                   215,101            42,335           16,746
              合計              215,101            42,335           16,746
    ３．減損処理を行った有価証券

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       当事業年度において、有価証券について39,995千円（その他有価証券の投資信託受益証券39,995千円）減
     損処理を行っております。
    （デリバティブ取引関係）

    当社はデリバティブ取引を利用していないため、該当事項はありません。

    （退職給付関係）

    １．採用している退職給付制度の概略

       当社は、確定給付型の制度として、退職一時金制度（非積立型制度）を設けております。
    ２．確定給付制度

       （1）退職給付債務の期首残高と期末残高の調整表
                                 前事業年度                当事業年度
                               （自2020年1月1日                （自2021年1月1日
                                至2020年12月31日）                至2021年12月31日）
     退職給付債務の期首残高                                 18,738千円                46,961千円
      勤務費用                                18,728千円                21,237千円
      利息費用                                  87千円               244千円
      数理計算上の差異の発生額                                5,318千円                6,015千円
      退職給付の支払額                                    －                －
      過去勤務費用の発生額                                    －                －
      転籍にともなう増減額                                4,089千円                3,791千円
     退職給付債務の期末残高                                 46,961千円                78,250千円
       （2）退職給付債務の期末残高と貸借対照表に計上された退職給付引当金の調整表

                                 前事業年度                当事業年度
                               （自2020年1月1日                （自2021年1月1日
                                至2020年12月31日）                至2021年12月31日）
     非積立制度の退職給付債務                                 46,961千円                78,250千円
     未積立退職給付債務                                 46,961千円                78,250千円
     未認識数理計算上の差異                                △5,892千円               △10,695千円
     未認識過去勤務費用                                     －                －
     貸借対照表に計上された負債と資産の純額                                 41,069千円                67,554千円
     退職給付引当金                                 41,069千円                67,554千円

     貸借対照表に計上された負債と資産の純額                                 41,069千円                67,554千円
       （3）退職給付費用及びその内訳項目の金額

                                 前事業年度                当事業年度
                               （自2020年1月1日                （自2021年1月1日
                                至2020年12月31日）                至2021年12月31日）
     勤務費用                                 18,728千円                21,237千円
     利息費用                                   87千円               244千円
     期待運用収益                                     －                －
     数理計算上の差異の費用処理額                                   148千円               1,211千円
     過去勤務費用の費用処理額                                     －                －
     確定給付制度に係る退職給付費用                                 18,963千円                22,693千円
       （4）数理計算上の計算基礎に関する事項

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                                 前事業年度                当事業年度
                               （自2020年1月1日                （自2021年1月1日
                                至2020年12月31日）                至2021年12月31日）
     割引率                                    0.5％                0.5％
     長期期待運用収益率                                     －                －
     予想昇給率                                    2.4％                2.5％
    （税効果会計関係）

    １．繰延税金資産及び繰延税金負債の発生の主な原因別の内訳

                                 前事業年度                当事業年度

                               （2020年12月31日）                （2021年12月31日）
     繰延税金資産
                                     11,077千円                12,193千円
      未払費用
                                       210千円                224千円
      未払事業所税
                                      3,791千円                6,374千円
      未払事業税
                                      5,376千円                7,811千円
      賞与引当金
                                     12,575千円                20,685千円
      退職給付引当金
                                       378千円               1,088千円
      減価償却超過額
                                        30千円                8千円
      繰延資産
                                      9,085千円               13,410千円
      その他
                                     42,526千円                61,798千円
     繰延税金資産小計
                                      △456千円                △456千円
     評価性引当金
                                     42,069千円                61,341千円
     繰延税金資産合計
     繰延税金負債
                                     10,677千円                19,402千円
      その他有価証券評価差額金
                                     10,677千円                19,402千円
     繰延税金負債合計
                                     31,392千円                41,939千円
     繰延税金資産純額
    ２．法定実効税率と税効果会計適用後の法人税等の負担率との差異の原因となった主な項目別の内訳

                                 前事業年度                当事業年度

                               （2020年12月31日）                （2021年12月31日）
     法定実効税率                                   30.62％                30.62％
     （調整）
     交際費等永久に損金に算入されない項目                                   0.96％                0.52％
     住民税均等割等                                   0.19％                0.15％
     その他                                  △0.04％                △0.07％
     税効果会計適用後の法人税等の負担率                                   31.73％                31.22％
    （資産除去債務関係）

     該当事項はありません。
    （セグメント情報等）

    [セグメント情報]

     前事業年度（自　2020年1月1日　至　2020年12月31日）及び当事業年度（自　2021年1月1日　至　2021年12
     月31日）
       当社は、投資運用業、投資助言・代理業を主とした金融サービスの提供を行う単一セグメントであるた

       め、記載を省略しております。
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    [関連情報]
     前事業年度（自　2020年1月1日　至　2020年12月31日）
        １　製品及びサービスごとの情報
                                                    (単位：千円)
                      投資信託運用業務           投資一任業務         情報提供業務          合　　計
         外部顧客への営業収益                  1,285,484           47,067           －     1,332,552
        ２　地域ごとの情報

          (1)  営業収益
            本邦の外部顧客への営業収益に区分した金額が損益計算書の営業収益の90％を超えるため、地
            域ごとの営業収益の記載は省略しております。
          (2)  有形固定資産
            本邦に所在している有形固定資産の金額が貸借対照表の有形固定資産の金額の90％を超えるた
            め、地域ごとの有形固定資産の記載を省略しております。
        ３　主要な顧客ごとの情報

          外部顧客への売上高のうち、損益計算書の売上高の10％以上を占める相手先がないため、記載はあ
          りません。
     当事業年度（自　2021年1月1日　至　2021年12月31日）

        １　製品及びサービスごとの情報
                                                    (単位：千円)
                      投資信託運用業務           投資一任業務         情報提供業務          合　　計
         外部顧客への営業収益                  1,912,382          117,413           －     2,029,795
        ２　地域ごとの情報

          (1)  営業収益
            本邦の外部顧客への営業収益に区分した金額が損益計算書の営業収益の90％を超えるため、地
            域ごとの営業収益の記載は省略しております。
          (2)  有形固定資産
            本邦に所在している有形固定資産の金額が貸借対照表の有形固定資産の金額の90％を超えるた
            め、地域ごとの有形固定資産の記載を省略しております。
        ３　主要な顧客ごとの情報

          外部顧客への売上高のうち、損益計算書の売上高の10％以上を占める相手先がないため、記載はあ
          りません。
     [報告セグメントごとの固定資産の減損損失に関する情報]

        該当事項はありません。
     [報告セグメントごとののれんの償却額及び未償却残高に関する情報]

        該当事項はありません。
     [報告セグメントごとの負ののれん発生益に関する情報]

        該当事項はありません。
    （関連当事者情報）

    １．関連当事者との取引

     ◇財務諸表提出会社の親会社
    前事業年度　（自　2020年1月1日　至　2020年12月31日）

                                 関係内容
                資本金又
                      事業の    議決権等
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     種       所在地              の被所有             取引の内容      取引金額      科目    期末残高
        会社等         は出資金     内容又
                               役員の    事業上
     類                      割合                  （千円）          （千円）
        の名称         (百万円)     は職業
                               兼任等    の関係
                 205,924          被所有
     親  楽天グ     東京都         Eコマー
                (2020年12           間接         経営   連結納税に
     会  ループ株     世田谷          スサー           ―              51,979     未払金     38,423
                月31日現          100.0%         管理   伴う支払
     社  式会社      区         ビス業
                  在)
    当事業年度　（自　2021年1月1日　至　2021年12月31日）

                                 関係内容
                資本金又
                      事業の    議決権等
     種                                         取引金額          期末残高
        会社等
            所在地              の被所有             取引の内容            科目
                は出資金
                      内容又
                               役員の    事業上
     類                                         （千円）          （千円）
        の名称
                           割合
                (百万円)
                      は職業
                               兼任等    の関係
                 289,673          被所有
     親  楽天グ     東京都         Eコマー
                (2021年12           間接         経営   連結納税に
     会  ループ株     世田谷          スサー           ―             109,234     未払金     109,234
                月31日現          100.0%         管理   伴う支払
     社  式会社      区         ビス業
                  在)
    （注）１．上記の金額のうち、取引金額及び期末残高には消費税等が含まれておりません。
     ◇財務諸表提出会社と同一の親会社を持つ会社

    前事業年度（自　2020年1月1日　至　2020年12月31日）

                                   関係内容
                  資本金      事業の    議決権等
        会社等                                        取引金額        期末残高
     種類        所在地     又は出資金       内容    の被所有             取引の内容           科目
                                 役員の    事業上
        の名称                                        （千円）        （千円）
                  (百万円)      又は職業      割合
                                 兼任等    の関係
                                         証券投資信
                                                     未払
                                         託の代行手       223,028
                                                     費用   67,471
                        インター                 数料等
                                     当社投資
                   7,495     ネット証
     兄弟   楽天証券     東京都                     兼任   信託の募
                 (2020年12月       券取引      ―           運用受託       47,067
     会社   株式会社      港区                     2人   集の取扱                未収
                  31日現在)      サービス                 報酬
                                      い等               運用    8,884
                         業
                                                     受託
                                         出向者の       11,529
                                                     報酬
                                         人件費等
    当事業年度（自　2021年1月1日　至　2021年12月31日）

                                   関係内容
                  資本金      事業の    議決権等
        会社等                                        取引金額        期末残高
     種類        所在地     又は出資金       内容    の被所有             取引の内容           科目
                                 役員の    事業上
        の名称                                        （千円）        （千円）
                  (百万円)      又は職業      割合
                                 兼任等    の関係
                                         証券投資信
                                                     未払
                                         託の代行手       406,215
                                                     費用   157,686
                        インター                 数料等
                                     当社投資
                  17,495     ネット証
     兄弟
       楽天証券     東京都                     兼任   信託の募
                 (2021年12月       券取引      ―           運用受託       117,413
       株式会社      港区                     2人   集の取扱                未収
     会社
                  31日現在)      サービス                 報酬
                                      い等               運用   12,497
                         業
                                                     受託
                                         出向者の        1,018
                                                     報酬
                                         人件費等
    （注）１．上記の金額のうち、取引金額には消費税等が含まれておらず、期末残高には消費税等が含まれてお
          ります。
        ２．証券投資信託の代行手数料、運用受託報酬については、一般取引先に対する取引条件と同様に決定
          しております。
    ２．親会社又は重要な関連会社に関する注記

       親会社情報
        楽天グループ株式会社（東京証券取引所に上場）
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        楽天カード株式会社（非上場）
    （１株当たり情報）

                                  前事業年度                当事業年度

                               （自2020年1月1日               （自2021年1月1日
                                至2020年12月31日）                至2021年12月31日）
      １株当たり純資産額                              183,721円06銭                206,398円85銭
      １株当たり当期純利益金額                               10,409円90銭                21,157円04銭
      （注）１．潜在株式調整後１株当たり当期純利益金額については、潜在株式が存在しないため記載しており
           ません。
         ２．１株当たり当期純利益金額の算定上の基礎は、以下のとおりであります。
                                  前事業年度                当事業年度

               項　　目                 （自2020年1月1日               （自2021年1月1日
                                至2020年12月31日）                至2021年12月31日）
      １株当たり当期純利益金額
       当期純利益金額（千円）                                 135,328                275,041
       普通株主に帰属しない金額（千円）                                   －                －
       普通株式に係る当期純利益金額（千円）                                 135,328                275,041
       普通株式の期中平均株式数（株）                               13,000.00                13,000.00
    （重要な後発事象）

     該当事項はありません。
    ４【利害関係人との取引制限】

     委託会社は、「金融商品取引法」の定めるところにより、利害関係人との取引について、次に掲げる行為が
     禁止されています。
    （１）自己またはその取締役もしくは執行役との間における取引を行なうことを内容とした運用を行なうこと
        （投資者の保護に欠け、もしくは取引の公正を害し、または金融商品取引業の信用を失墜させるおそれ
        がないものとして内閣府令で定めるものを除きます。）。
    （２）運用財産相互間において取引を行なうことを内容とした運用を行なうこと（投資者の保護に欠け、もし
        くは取引の公正を害し、または金融商品取引業の信用を失墜させるおそれがないものとして内閣府令で
        定めるものを除きます。）。
    （３）通常の取引の条件と異なる条件であって取引の公正を害するおそれのある条件で、委託会社の親法人等
        （委託会社の総株主等の議決権の過半数を保有していることその他の当該金融商品取引業者と密接な関
        係を有する法人その他の団体として政令で定める要件に該当する者をいいます。以下（４）、（５）に
        おいて同じ。）または子法人等（委託会社が総株主等の議決権の過半数を保有していることその他の当
        該金融商品取引業者と密接な関係を有する法人その他の団体として政令で定める要件に該当する者をい
        います。以下同じ。）と有価証券の売買その他の取引または金融デリバティブ取引を行なうこと。
    （４）委託会社の親法人等または子法人等の利益を図るため、その行なう投資運用業に関して運用の方針、運
        用財産の額もしくは市場の状況に照らして不必要な取引を行なうことを内容とした運用を行なうこと。
    （５）上記（３）、（４）に掲げるもののほか、委託会社の親法人等または子法人等が関与する行為であっ
        て、投資者の保護に欠け、もしくは取引の公正を害し、または金融商品取引業の信用を失墜させるおそ
        れのあるものとして内閣府令で定める行為。
    ５【その他】

    （１）定款の変更
        委託会社の定款の変更に関しては、株主総会の決議が必要です。
    （２）訴訟事件その他の重要事項
        委託会社に重要な影響を与えた事実、または与えると予想される訴訟事件などは発生していません。
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    第２【その他の関係法人の概況】

    １【名称、資本金の額及び事業の内容】

    （１）受託会社
                                 資本金の額
                名　　称                                 事業の内容
                               （ 2021年9月末      現在）
                                            銀行法に基づき銀行業を営
                                            むとともに、金融機関の信
        三井住友信託銀行株式会社                            342,037百万円        託業務の兼営等に関する法
                                            律に基づき信託業務を営ん
                                            でいます。
        ＜再信託受託会社の概要＞
         名称　　　　：        株式会社日本カストディ銀行
         資本金の額　：51,000百万円（                2021年9月末      現在）
         事業の内容　：銀行法に基づき銀行業を営むとともに、金融機関の信託業務の兼営等に関する法律に
                 基づき信託業務を営んでいます。
         再信託の目的：原信託契約にかかる信託業務の一部（信託財産の管理）を原信託受託者から再信託受
                 託者（   株式会社日本カストディ銀行               ）へ委託するため、原信託財産のすべてを再信託
                 受託者へ移管することを目的とします。
    （２）販売会社
                                   資本金の額
                名　　称                                  事業の内容
                                 （ 2021年9月末      現在）
        auカブコム証券株式会社                               7,196百万円
        ＳＭＢＣ日興証券株式会社                               10,000百万円
        株式会社ＳＢＩ証券                               48,323百万円
                                              金融商品取引法に定める第
        岡三証券株式会社                               5,000百万円
                                              一種金融商品取引業を営ん
        松井証券株式会社                               11,945百万円
                                              でいます。
        マネックス証券株式会社                               12,200百万円
                                       17,495百万円
        楽天証券株式会社
                                  （ 2021年12月末       現在）
        株式会社静岡銀行                               90,845百万円
                                              銀行法に基づき銀行業を営
                                              んでいます。
        PayPay銀行株式会社                               37,250百万円
    ２【関係業務の概要】

    （１）受託会社
        ファンドの信託財産に属する有価証券の管理・計算事務などを行ないます。
    （２）販売会社
        日本におけるファンドの            募集、解約、収益分配金および償還金の取扱い                        などを行ないます。
    ３【資本関係】

    （１）受託会社
        該当事項はありません。
    （２）販売会社
        該当事項はありません。
    第３【参考情報】

                                357/362

                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
        ファンドについては、当計算期間において以下の書類が提出されております。
               提出年月日                     提出書類
         2021年    7月15日              有価証券届出書
         2021年    7月15日              有価証券報告書
         2022年    1月13日              有価証券届出書
         2022年    1月13日              半期報告書
                                358/362


















                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
                   独　立　監　査　人　の　監　査　報　告　書

                                                  ２０２２年２月２１日

    楽天投信投資顧問株式会社

      取締役会　　御中
                             EY新日本有限責任監査法人

                             東　   京　   事　   務　   所
                             指定有限責任社員

                                        公認会計士      福　村　　寛　　　
                             業務執行社員
    監査意見

      当監査   法人は、金融商品取引法第１９３条の２第１項の規定に基づく監査証明を行うため、「委託会社等の経理状況」
    に掲げられている楽天投信投資顧問株式会社の２０２１年１月１日から２０２１年１２月３１日までの第１６期事業年度の
    財務諸表、すなわち、貸借対照表、損益計算書、株主資本等変動計算書、重要な会計方針及びその他の注記について監査を
    行った。
      当監査法人は、上記の財務諸表が、我が国において一般に公正妥当と認められる企業会計の基準に準拠して、                                                   楽天投信
    投資顧問株式会社の２０２１年１２月３１日現在の財政状態及び同日をもって終了する事業年度の経営成績を、全ての重要
    な点において適正に表示しているものと認める。
    監査意見の根拠

      当監査法人は、我が国において一般に公正妥当と認められる監査の基準に準拠して監査を行った。監査の基準における
    当監査法人の責任は、「財務諸表監査における監査人の責任」に記載されている。当監査法人は、我が国における職業倫理
    に関する規定に従って、会社から独立しており、また、監査人としてのその他の倫理上の責任を果たしている。当監査法人
    は、意見表明の基礎となる十分かつ適切な監査証拠を入手したと判断している。
    財務諸表に対する経営者及び監査役の責任

      経営者の責任は、我が国において一般に公正妥当と認められる企業会計の基準に準拠して財務諸表を作成し適正に表示
    することにある。これには、不正又は誤謬による重要な虚偽表示のない財務諸表を作成し適正に表示するために経営者が必
    要と判断した内部統制を整備及び運用することが含まれる。
      財務諸表を作成するに当たり、経営者は、継続企業の前提に基づき財務諸表を作成することが適切であるかどうかを評
    価し、我が国において一般に公正妥当と認められる企業会計の基準に基づいて継続企業に関する事項を開示する必要がある
    場合には当該事項を開示する責任がある。
      監査役の責任は、財務報告プロセスの整備及び運用における取締役の職務の執行を監視することにある。
    財務諸表監査における監査人の責任

      監査人の責任は、監査人が実施した監査に基づいて、全体としての財務諸表に不正又は誤謬による重要な虚偽表示がな
    いかどうかについて合理的な保証を得て、監査報告書において独立の立場から財務諸表に対する意見を表明することにあ
    る。虚偽表示は、不正又は誤謬により発生する可能性があり、個別に又は集計すると、財務諸表の利用者の意思決定に影響
    を与えると合理的に見込まれる場合に、重要性があると判断される。
      監査人は、我が国において一般に公正妥当と認められる監査の基準に従って、監査の過程を通じて、職業的専門家とし
    ての判断を行い、職業的懐疑心を保持して以下を実施する。
    ・　不正又は誤謬による重要な虚偽表示リスクを識別し、評価する。また、重要な虚偽表示リスクに対応した監査手続を立
      案し、実施する。監査手続の選択及び適用は監査人の判断による。さらに、意見表明の基礎となる十分かつ適切な監査
      証拠を入手する。
    ・　財務諸表監査の目的は、内部統制の有効性について意見表明するためのものではないが、監査人は、リスク評価の実施
      に際して、状況に応じた適切な監査手続を立案するために、監査に関連する内部統制を検討する。
    ・　経営者が採用した会計方針及びその適用方法の適切性、並びに経営者によって行われた会計上の見積りの合理性及び関
      連する注記事項の妥当性を評価する。
    ・　経営者が継続企業を前提として財務諸表を作成することが適切であるかどうか、また、入手した監査証拠に基づき、継
      続企業の前提に重要な疑義を生じさせるような事象又は状況に関して重要な不確実性が認められるかどうか結論付け
      る。継続企業の前提に関する重要な不確実性が認められる場合は、監査報告書において財務諸表の注記事項に注意を喚
      起すること、又は重要な不確実性に関する財務諸表の注記事項が適切でない場合は、財務諸表に対して除外事項付意見
      を表明することが求められている。監査人の結論は、監査報告書日までに入手した監査証拠に基づいているが、将来の
      事象や状況により、企業は継続企業として存続できなくなる可能性がある。
    ・　財務諸表の表示及び注記事項が、我が国において一般に公正妥当と認められる企業会計の基準に準拠しているかどうか
      とともに、関連する注記事項を含めた財務諸表の表示、構成及び内容、並びに財務諸表が基礎となる取引や会計事象を
                                359/362

                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
      適正に表示しているかどうかを評価する。
    　監査人は、監査役に対して、計画した監査の範囲とその実施時期、監査の実施過程で識別した内部統制の重要な不備を含
    む監査上の重要な発見事項、及び監査の基準で求められているその他の事項について報告を行う。
    　監査人は、監査役に対して、独立性についての我が国における職業倫理に関する規定を遵守したこと、並びに監査人の独
    立性に影響を与えると合理的に考えられる事項、及び阻害要因を除去又は軽減するためにセーフガードを講じている場合は
    その内容について報告を行う。
    利害関係

    　会社と当監査法人又は業務執行社員との間には、公認会計士法の規定により記載すべき利害関係はない。
                                                        以　　上
    (注)1.上記の監査報告書の原本は当社が別途保管しております。

    　　2.ＸＢＲＬデータは監査の対象には含まれていません。
                                360/362

















                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
                   独　立　監　査　人　の　監　査　報　告　書

                                                      2022年6月22日

    楽天投信投資顧問株式会社

      取　締　役　会　御　中
                               EY新日本有限責任監査法人

                               東　   京　   事　   務　   所
                               指定有限責任社員

                                         公認会計士       伊藤　雅人　　　
                               業務執行社員
    監査意見

     当監査法人は、金融商品取引法第193条の2第1項の規定に基づく監査証明を行うため、「ファンドの経理状況」に掲
    げられている      楽天・インデックス・バランス・ファンド（債券重視型）の2021年4月16日から2022年4月15日までの計算期
    間の財務諸表、すなわち、貸借対照表、損益及び剰余金計算書、注記表並びに附属明細表について監査を行った。
     当監査法人は、上記の財務諸表が、我が国において一般に公正妥当と認められる企業会計の基準に準拠して、楽天・イン
    デックス・バランス・ファンド（債券重視型）の2022年4月15日現在の信託財産の状態及び同日をもって終了する計算期間
    の損益の状況を、全ての重要な点において適正に表示しているものと認める。
    監査意見の根拠

     当監査法人は、我が国において一般に公正妥当と認められる監査の基準に準拠して監査を行った。監査の基準における当
    監査法人の責任は、「財務諸表監査における監査人の責任」に記載されている。当監査法人は、我が国における職業倫理に
    関する規定に従って、楽天投信投資顧問株式会社及びファンドから独立しており、また、監査人としてのその他の倫理上の
    責任を果たしている。当監査法人は、意見表明の基礎となる十分かつ適切な監査証拠を入手したと判断している。
    その他の記載内容

     その他の記載内容は、有価証券報告書及び有価証券届出書（訂正有価証券届出書を含む。）に含まれる情報のうち、財務
    諸表及びその監査報告書以外の情報である。経営者の責任は、その他の記載内容を作成し開示することにある。
     当監査法人の財務諸表に対する監査意見の対象にはその他の記載内容は含まれておらず、当監査法人はその他の記載内容
    に対して意見を表明するものではない。
     財務諸表監査における当監査法人の責任は、その他の記載内容を通読し、通読の過程において、その他の記載内容と財務
    諸表又は当監査法人が監査の過程で得た知識との間に重要な相違があるかどうか検討すること、また、そのような重要な相
    違以外にその他の記載内容に重要な誤りの兆候があるかどうか注意を払うことにある。
     当監査法人は、実施した作業に基づき、その他の記載内容に重要な誤りがあると判断した場合には、その事実を報告する
    ことが求められている。
     その他の記載内容に関して、当監査法人が報告すべき事項はない。
    財務諸表に対する経営者の責任

     経営者の責任は、我が国において一般に公正妥当と認められる企業会計の基準に準拠して財務諸表を作成し適正に表示す
    ることにある。これには、不正又は誤謬による重要な虚偽表示のない財務諸表を作成し適正に表示するために経営者が必要
    と判断した内部統制を整備及び運用することが含まれる。
     財務諸表を作成するに当たり、経営者は、継続企業の前提に基づき財務諸表を作成することが適切であるかどうかを評価
    し、我が国において一般に公正妥当と認められる企業会計の基準に基づいて継続企業に関する事項を開示する必要がある場
    合には当該事項を開示する責任がある。
    財務諸表監査における監査人の責任

     監査人の責任は、監査人が実施した監査に基づいて、全体としての財務諸表に不正又は誤謬による重要な虚偽表示がない
    かどうかについて合理的な保証を得て、監査報告書において独立の立場から財務諸表に対する意見を表明することにある。
    虚偽表示は、不正又は誤謬により発生する可能性があり、個別に又は集計すると、財務諸表の利用者の意思決定に影響を与
    えると合理的に見込まれる場合に、重要性があると判断される。
     監査人は、我が国において一般に公正妥当と認められる監査の基準に従って、監査の過程を通じて、職業的専門家として
    の判断を行い、職業的懐疑心を保持して以下を実施する。
    ・　不正又は誤謬による重要な虚偽表示リスクを識別し、評価する。また、重要な虚偽表示リスクに対応した監査手続を立
      案し、実施する。監査手続の選択及び適用は監査人の判断による。さらに、意見表明の基礎となる十分かつ適切な監査
      証拠を入手する。
    ・　財務諸表監査の目的は、内部統制の有効性について意見表明するためのものではないが、監査人は、リスク評価の実施
                                361/362


                                                          EDINET提出書類
                                                   楽天投信投資顧問株式会社(E15787)
                                                有価証券報告書（内国投資信託受益証券）
      に際して、状況に応じた適切な監査手続を立案するために、監査に関連する内部統制を検討する。
    ・　経営者が採用した会計方針及びその適用方法の適切性、並びに経営者によって行われた会計上の見積りの合理性及び関
      連する注記事項の妥当性を評価する。
    ・　経営者が継続企業を前提として財務諸表を作成することが適切であるかどうか、また、入手した監査証拠に基づき、継
      続企業の前提に重要な疑義を生じさせるような事象又は状況に関して重要な不確実性が認められるかどうか結論付け
      る。継続企業の前提に関する重要な不確実性が認められる場合は、監査報告書において財務諸表の注記事項に注意を喚
      起すること、又は重要な不確実性に関する財務諸表の注記事項が適切でない場合は、財務諸表に対して除外事項付意見
      を表明することが求められている。監査人の結論は、監査報告書日までに入手した監査証拠に基づいているが、将来の
      事象や状況により、ファンドは継続企業として存続できなくなる可能性がある。
    ・　財務諸表の表示及び注記事項が、我が国において一般に公正妥当と認められる企業会計の基準に準拠しているかどうか
      とともに、関連する注記事項を含めた財務諸表の表示、構成及び内容、並びに財務諸表が基礎となる取引や会計事象を
      適正に表示しているかどうかを評価する。
     監査人は、経営者に対して、計画した監査の範囲とその実施時期、監査の実施過程で識別した内部統制の重要な不備を含
    む監査上の重要な発見事項、及び監査の基準で求められているその他の事項について報告を行う。
    利害関係

     楽天投信投資顧問株式会社及びファンドと当監査法人又は業務執行社員との間には、公認会計士法の規定により記載すべ
    き利害関係はない。
                                                        以　　上

    (注)1.上記の監査報告書の原本は当社が別途保管しております。

      2.XBRLデータは監査の対象には含まれていません。
                                362/362

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