| Amundi Funds - Global Subordinated Bond R2 EUR (C) | LU1883335082 | EUR | 1,373,842 M | 14.33% | 2.63 |
| Amundi Funds - European Subordinated Bond ESG R2 EUR (C) | LU1328849788 | EUR | 5,108,245 M | 12.32% | 1.79 |
| Lazard Capital Fi SRI PVC H-CHF | FR0013236783 | CHF | 1,032,163 M | 11.24% | -0.89 |
| Axiom Obligataire SC EUR(v) | LU1876461549 | EUR | 217,317,127 M | 10.47% | 3.01 |
| EdR SICAV - Corporate Hybrid Bonds | FR00140058Z6 | EUR | 722,306,267.64 M | 10.33% | 2.48 |
| BlueBay Funds - BlueBay Financial Capital Bond Fund K - EUR | LU1629054906 | EUR | 3,556,616 M | 10.11% | 1.92 |
| Mutuafondo Bonos Subordinados IV A FI | ES0164743009 | EUR | 165,296,363 M | 10.05% | 3.25 |
| Welzia Capital Sub-Debt FI | ES0184532002 | EUR | 24,295,395.95 M | 9.59% | 2.11 |
| Kairos International SICAV - Financial Income P | LU1559732349 | EUR | 112,366,658 M | 9.32% | 1.58 |
| Nomura Funds Ireland - Corporate Hybrid Bond Fund R GBP Accumalation Hedged | IE000G69IJR0 | GBP | 73,743,251 M | 9.29% | N/A |
| Assenagon Credit - Assenagon Credit Financial Opportunities Class I2 EUR | LU1483616147 | EUR | 571,216 M | 9.22% | N/A |
| EdR SICAV - Financial Bonds NC EUR | FR0013233707 | EUR | 489,353,441 M | 9.03% | 1.89 |
| Caixabank Renta Fija Subordinada Cartera FI | ES0137794022 | EUR | 4,651,284 M | 8.86% | 2.58 |
| UBS (Lux) Key Selection SICAV - European Financial Debt (EUR) P Accumulation | LU2526003962 | EUR | 177,411 M | 8.77% | 1.51 |
| Lazard Credit Fi SRI RVC EUR | FR0010752543 | EUR | 286,904,799 M | 8.74% | 2.54 |
| Groupama Euro Financial Debt LC | FR0013259173 | EUR | 18,704 M | 8.69% | 2.14 |
| Bestinver Deuda Corporativa B FI | ES0114357009 | EUR | 91,888,509 M | 8.58% | 2.02 |
| Gesconsult Oportunidad Renta Fija I FI | ES0140986003 | EUR | 13,560,789 M | 8.51% | 2.76 |
| Algebris UCITS Funds plc - Algebris Financial Credit Fund R GBP Acc | IE00BMMVVZ61 | GBP | 10,558,241 M | 8.44% | -0.95 |
| Swisscanto (LU) Bond Fund - Swisscanto (LU) Bond Fund Committed Corporate Hybrid ATH CHF | LU2508240509 | CHF | 1,076,652 M | 8.42% | N/A |
| DWS Global Hybrid Bond Fund | DE000DWS3EZ0 | CHF | 211,686,035.73 M | 8.29% | N/A |
| Tikehau Subfin Fund RS Inc | LU1585264507 | EUR | 15,530,981 M | 8.28% | 1.61 |
| La Française Sub Debt R | FR0011766401 | EUR | 19,381,875 M | 8.26% | 1.32 |
| Nordea 1 - European Financial Debt Fund BP EUR | LU0772944145 | EUR | 510,153,768 M | 8.25% | 2.36 |
| Principal Global Investors Funds - Principal Capital Securities Fund I EUR UnHedged Acc | IE000D2U6QW4 | EUR | 9,885,264 M | 7.83% | 1.58 |
| Groupama Corporate Hybrid GD | LU2023296085 | EUR | 84,063,572 M | 7.82% | 1.80 |
| R-co Conviction Subfin C EUR | FR00140060Y5 | EUR | 12,636,557 M | 7.73% | 1.50 |
| DWS Invest Corporate Hybrid Bonds TFD | LU1663847967 | EUR | 28,487,341 M | 7.65% | 2.12 |
| Financials Credit Fund B FI | ES0136469006 | EUR | 122,779,077 M | 7.53% | 1.97 |
| Robeco Financial Institutions Bonds 0D € | LU1171710608 | EUR | 11,933,184 M | 7.50% | 1.52 |
| La Française Flexible Financial Bonds I | FR0013175221 | EUR | 14,645,486 M | 7.33% | 1.43 |
| iMGP European Subordinated Bonds C EUR | LU1457568472 | EUR | 18,994,498 M | 7.30% | 1.12 |
| GAM Star Fund plc - GAM Star Credit Opportunities (EUR) Class Ordinary CHF Income Hedged | IE00B544NZ88 | CHF | 4,782,072 M | 7.10% | -1.03 |
| JSS Twelve Sustainable Insurance Bond P EUR Acc | LU1111708357 | EUR | 34,119,313 M | 7.03% | 1.20 |
| Robeco Corporate Hybrid bonds IH € | LU1700711663 | EUR | 253,979,607 M | 6.87% | 1.63 |
| Lemanik SICAV - Selected Bond Capitalisation Institutional EUR A | LU1112682403 | EUR | 1,248,423 M | 6.67% | 1.24 |
| Principal Global Investors Funds - High Grade Capital Securities Fund I EUR UnHedged Acc | IE0000R8LK58 | EUR | 10,345,943 M | 6.58% | 1.27 |
| Echiquier Hybrid Bonds A | FR0013277571 | EUR | 34,518,500 M | 6.32% | 1.11 |
| Mutuafondo Bonos Financieros D FI | ES0124143019 | EUR | 1,829,593 M | 6.29% | 1.61 |
| UBS Hybrid and Subordinated Debt FI | ES0125104002 | EUR | 46,598,379.15 M | 5.19% | 3.46 |
| Caixabank Bonos Subordinados 2 Estándar FI | ES0118539016 | EUR | 11,944,483 M | 5.10% | 2.27 |
| Generali Investments SICAV - Euro Subordinated Debt Fund EX | LU0183831360 | EUR | 144,462 M | 4.91% | -0.03 |
| AZ Fund 1 AZ Bond - Hybrids B Inc | LU2056384741 | EUR | 36,710,514 M | 4.63% | 0.30 |
| Caixabank Renta Fija Italia 2021 Empresas A FI | ES0145883015 | EUR | 17,271,820 M | 4.49% | 2.21 |
| Man Financial Credit Opportunities | IE000OU4PAF5 | USD | 38,400,317.16 M | 3.91% | N/A |
| CS Investment Funds 1 - UBS (Lux) Financial Bond Fund (USD hedged) I-B-acc | LU1238154758 | USD | 7,923,334 M | 3.82% | 0.26 |
| Gestión Boutique II JMK Global FI | ES0168797035 | EUR | 600,607.92 M | 3.40% | 0.45 |
| Cape Capital SICAV UCITS - Cape Select Bond Fund Internal A EUR Accumulating | LU1968842978 | EUR | 11,043,809 M | 2.82% | -1.13 |
| Algebris UCITS Funds plc - Algebris IG Financial Credit Fund B USD Acc | IE00BK1KGY47 | USD | 1,045,839 M | 0.49% | -0.06 |
| Unifond Capital Financiero I FI | ES0111046050 | EUR | 10,032 M | - | N/A |
| Neuberger Berman Corporate Hybrid Bond Fund USD M Distributing Class | IE00BDFBJ784 | USD | 1,722,291 M | -1.14% | -0.06 |