Betashares Western Asset Australian Bond Active ETF

BNDS

Attractive income from an actively managed portfolio of Australian bonds

Factsheet

Info pack

Invest with us

Investment goal

Defensive Income

BNDS

Overview

Key facts

Performance

Holdings & allocation

Distributions

Announcements

Research & resources

Overview

Fund objective

BNDS invests in an actively managed, diversified portfolio of Australian bonds and aims to outperform the Bloomberg AusBond Composite Index over rolling three-year periods.

The Fund is managed by Franklin Templeton’s Specialist Investment Manager, Western Asset – one of the world’s leading fixed income managers.

Benefits

Core fixed income solution

Fund invests in a broad portfolio of Australian fixed income securities and is designed to be a ‘one stop’ core fixed income solution

Attractive income paid monthly

Income is paid monthly at a rate expected to be higher than cash and term deposits.

Defensive characteristics

Australian bonds historically have tended to rise in value when Australian shares have fallen.

There are risks associated with an investment in BNDS, including interest rate risk, credit risk and market risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.

Invest in BNDS with Betashares Direct

Invest in BNDS brokerage-free with a Betashares Direct account. You can also buy or sell BNDS using an online broker or your financial adviser.

Invest with us

Key facts

Profile

Units outstanding* (#)	34,877,069
Management fee and cost** (p.a.)	0.42%
Investment manager	Franklin Templeton Australia Limited
Distribution frequency	Monthly
Distribution reinvestment plan (DRP)	Full or partial participation available
Issuer	Betashares Capital Ltd
Registry	MUFG Corporate Markets
Domicile	Australia

* As at 16 April 2025
**Certain additional costs apply. Please refer to PDS.

Net assets*

$828,999,819

Pricing information

* Data is delayed by at least 20 minutes.
Current price
Last trade*
% Change (prev day)
Bid (delayed)
Offer (delayed)

* As at 16 April 2025
NAV
NAV/Unit*	$23.77

Download NAV history

keyboard_arrow_down

Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.

Trading information

ASX code	BNDS
Bloomberg code	BNDS AU
IRESS code	BNDS.AXW
Market makers	Susquehanna Pacific

Index information

Index	N/A
Index provider	N/A
Index ticker	N/A
Bloomberg index ticker	N/A

Performance

Fund returns after fees (%)

	Fund	Bloomberg AusBond Composite Index
1 month	0.11%	0.17%
3 months	1.32%	1.29%
6 months	1.15%	1.03%
1 year	3.59%	3.20%
3 year p.a.	1.96%	1.67%
5 year p.a.	-0.27%	-0.51%
10 year p.a.	-	-
Since inception p.a.	1.61%	1.51%
Inception date	7-Nov-18	-

* As at 31 March 2025.

Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.

Portfolio characteristics

Running yield (% p.a.)info	3.71
Yield to maturity (% p.a.)info	4.50
Yield to worst (% p.a.)info	4.48
Average maturity (yrs)info	6.05
Modified duration (yrs)info	4.99
Average credit ratinginfo	AA

* As at 17 April 2025

Holdings and allocation

Portfolio holdings

Top 10

All

Name	Weight (%)
AUSTRALIAN GOVERNMENT 2.75% MAY-41	2.2
AUSTRALIAN GOVERNMENT 3.5% DEC-34	2.0
AUSTRALIAN GOVERNMENT 3.75% MAY-34	1.5
AUSTRALIAN GOVERNMENT 1.75% NOV-32	1.4
NEW S WALES TREASURY CRP 1.75% MAR-34	1.4
TREASURY CORP VICTORIA 1.5% SEP-31	1.4
AUSTRALIAN GOVERNMENT 3.0% MAR-47	1.3
NEW S WALES TREASURY CRP 1.5% FEB-32	1.3
TREASURY CORP VICTORIA 2.25% NOV-34	1.3
AUSTRALIAN GOVERNMENT 4.25% JUN-34	1.2

Ticker	Name	Weight (%)	Sector	Country	Currency	Notional/Face Value	Market Value (AUD)	Issuer	Maturity Date	Coupon (%)
ACGB 2.75 05/21/41	AUSTRALIAN GOVERNMENT 2.75% MAY-41	2.2	Sovereign	Australia	AUD	23,560,000	$18,333,327	AUSTRALIAN GOVERNMENT	2041-05-21	2.75
ACGB 3.5 12/21/34	AUSTRALIAN GOVERNMENT 3.5% DEC-34	2.0	Sovereign	Australia	AUD	18,050,000	$16,796,900	AUSTRALIAN GOVERNMENT	2034-12-21	3.5
ACGB 3.75 05/21/34	AUSTRALIAN GOVERNMENT 3.75% MAY-34	1.5	Sovereign	Australia	AUD	13,280,000	$12,693,383	AUSTRALIAN GOVERNMENT	2034-05-21	3.75
ACGB 1.75 11/21/32	AUSTRALIAN GOVERNMENT 1.75% NOV-32	1.4	Sovereign	Australia	AUD	14,280,000	$12,004,334	AUSTRALIAN GOVERNMENT	2032-11-21	1.75
NSWTC 1.75 03/20/34	NEW S WALES TREASURY CRP 1.75% MAR-34	1.4	Local Authority	Australia	AUD	14,900,000	$11,426,421	NEW S WALES TREASURY CRP	2034-03-20	1.75
TCV 1.5 09/10/31	TREASURY CORP VICTORIA 1.5% SEP-31	1.4	Local Authority	Australia	AUD	13,700,000	$11,359,798	TREASURY CORP VICTORIA	2031-09-10	1.5
ACGB 3 03/21/47	AUSTRALIAN GOVERNMENT 3.0% MAR-47	1.3	Sovereign	Australia	AUD	14,720,000	$10,962,900	AUSTRALIAN GOVERNMENT	2047-03-21	3.0
NSWTC 1.5 02/20/32	NEW S WALES TREASURY CRP 1.5% FEB-32	1.3	Local Authority	Australia	AUD	13,400,000	$10,951,841	NEW S WALES TREASURY CRP	2032-02-20	1.5
TCV 2.25 11/20/34	TREASURY CORP VICTORIA 2.25% NOV-34	1.3	Local Authority	Australia	AUD	13,700,000	$10,695,318	TREASURY CORP VICTORIA	2034-11-20	2.25
ACGB 4.25 06/21/34	AUSTRALIAN GOVERNMENT 4.25% JUN-34	1.2	Sovereign	Australia	AUD	10,050,000	$9,980,856	AUSTRALIAN GOVERNMENT	2034-06-21	4.25
TCV 2.25 09/15/33	TREASURY CORP VICTORIA 2.25% SEP-33	1.1	Local Authority	Australia	AUD	11,600,000	$9,444,577	TREASURY CORP VICTORIA	2033-09-15	2.25
NSWTC 2 03/20/31	NEW S WALES TREASURY CRP 2.0% MAR-31	1.0	Local Authority	Australia	AUD	9,900,000	$8,652,816	NEW S WALES TREASURY CRP	2031-03-20	2.0
ACGB 2.75 06/21/35	AUSTRALIAN GOVERNMENT 2.75% JUN-35	1.0	Sovereign	Australia	AUD	9,800,000	$8,464,316	AUSTRALIAN GOVERNMENT	2035-06-21	2.75
TCV 1.5 11/20/30	TREASURY CORP VICTORIA 1.5% NOV-30	1.0	Local Authority	Australia	AUD	9,750,000	$8,346,724	TREASURY CORP VICTORIA	2030-11-20	1.5
TCV 2 09/17/35	TREASURY CORP VICTORIA 2.0% SEP-35	1.0	Local Authority	Australia	AUD	11,200,000	$8,280,091	TREASURY CORP VICTORIA	2035-09-17	2.0
ACGB 4.5 04/21/33	AUSTRALIAN GOVERNMENT 4.5% APR-33	1.0	Sovereign	Australia	AUD	8,000,000	$8,143,833	AUSTRALIAN GOVERNMENT	2033-04-21	4.5
NSWTC 2 03/08/33	NEW S WALES TREASURY CRP 2.0% MAR-33	0.9	Local Authority	Australia	AUD	9,400,000	$7,668,043	NEW S WALES TREASURY CRP	2033-03-08	2.0
QTC 1.75 07/20/34	QUEENSLAND TREASURY CORP 1.75% JUL-34	0.9	Local Authority	Australia	AUD	9,900,000	$7,474,034	QUEENSLAND TREASURY CORP	2034-07-20	1.75
NSWTC 4.75 02/20/35	NEW S WALES TREASURY CRP 4.75% FEB-35	0.9	Local Authority	Australia	AUD	7,600,000	$7,417,822	NEW S WALES TREASURY CRP	2035-02-20	4.75
TCV 4.25 12/20/32	TREASURY CORP VICTORIA 4.25% DEC-32	0.8	Local Authority	Australia	AUD	7,100,000	$6,858,355	TREASURY CORP VICTORIA	2032-12-20	4.25
QTC 4.5 08/22/35	QUEENSLAND TREASURY CORP 4.5% AUG-35	0.8	Local Authority	Australia	AUD	7,200,000	$6,805,921	QUEENSLAND TREASURY CORP	2035-08-22	4.5
ACGB 1.25 05/21/32	AUSTRALIAN GOVERNMENT 1.25% MAY-32	0.8	Sovereign	Australia	AUD	7,700,000	$6,332,357	AUSTRALIAN GOVERNMENT	2032-05-21	1.25
ACGB 1.75 06/21/51	AUSTRALIAN GOVERNMENT 1.75% JUN-51	0.7	Sovereign	Australia	AUD	11,590,000	$6,120,829	AUSTRALIAN GOVERNMENT	2051-06-21	1.75
NSWTC 2.5 11/22/32	NEW S WALES TREASURY CRP 2.5% NOV-32	0.7	Local Authority	Australia	AUD	7,000,000	$6,029,789	NEW S WALES TREASURY CRP	2032-11-22	2.5
ACGB 3 11/21/33	AUSTRALIAN GOVERNMENT 3.0% NOV-33	0.7	Sovereign	Australia	AUD	6,000,000	$5,440,400	AUSTRALIAN GOVERNMENT	2033-11-21	3.0
QTC 1.75 08/21/31	QUEENSLAND TREASURY CORP 1.75% AUG-31	0.6	Local Authority	Australia	AUD	6,250,000	$5,298,286	QUEENSLAND TREASURY CORP	2031-08-21	1.75
ACGB 3.75 04/21/37	AUSTRALIAN GOVERNMENT 3.75% APR-37	0.6	Sovereign	Australia	AUD	5,580,000	$5,192,745	AUSTRALIAN GOVERNMENT	2037-04-21	3.75
ACGB 2.5 05/21/30	AUSTRALIAN GOVERNMENT 2.5% MAY-30	0.6	Sovereign	Australia	AUD	5,260,000	$4,929,148	AUSTRALIAN GOVERNMENT	2030-05-21	2.5
QTC 1.5 08/20/32	QUEENSLAND TREASURY CORP 1.5% AUG-32	0.6	Local Authority	Australia	AUD	6,080,000	$4,860,068	QUEENSLAND TREASURY CORP	2032-08-20	1.5
QTC 1.5 03/02/32	QUEENSLAND TREASURY CORP 1.5% MAR-32	0.6	Local Authority	Australia	AUD	5,800,000	$4,715,728	QUEENSLAND TREASURY CORP	2032-03-02	1.5
NSWTC 3 02/20/30	NEW S WALES TREASURY CRP 3.0% FEB-30	0.6	Local Authority	Australia	AUD	4,960,000	$4,696,432	NEW S WALES TREASURY CRP	2030-02-20	3.0
TCV 2.5 10/22/29	TREASURY CORP VICTORIA 2.5% OCT-29	0.5	Local Authority	Australia	AUD	4,920,000	$4,576,692	TREASURY CORP VICTORIA	2029-10-22	2.5
ACGB 1 12/21/30	AUSTRALIAN GOVERNMENT 1.0% DEC-30	0.5	Sovereign	Australia	AUD	5,250,000	$4,465,662	AUSTRALIAN GOVERNMENT	2030-12-21	1.0
ACGB 3.25 06/21/39	AUSTRALIAN GOVERNMENT 3.25% JUN-39	0.5	Sovereign	Australia	AUD	5,070,000	$4,351,991	AUSTRALIAN GOVERNMENT	2039-06-21	3.25
ACGB 1.5 06/21/31	AUSTRALIAN GOVERNMENT 1.5% JUN-31	0.5	Sovereign	Australia	AUD	4,800,000	$4,140,552	AUSTRALIAN GOVERNMENT	2031-06-21	1.5
SAFA 1.75 05/24/32	SOUTH AUST GOVT FIN AUTH 1.75% MAY-32	0.5	Local Authority	Australia	AUD	5,000,000	$4,114,870	SOUTH AUST GOVT FIN AUTH	2032-05-24	1.75
TCV 4.75 09/15/36	TREASURY CORP VICTORIA 4.75% SEP-36	0.5	Local Authority	Australia	AUD	4,300,000	$4,084,149	TREASURY CORP VICTORIA	2036-09-15	4.75
SAFA 1.75 05/24/34	SOUTH AUST GOVT FIN AUTH 1.75% MAY-34	0.5	Local Authority	Australia	AUD	5,300,000	$4,033,324	SOUTH AUST GOVT FIN AUTH	2034-05-24	1.75
TCV 3 10/20/28	TREASURY CORP VICTORIA 3.0% OCT-28	0.5	Local Authority	Australia	AUD	4,100,000	$3,962,917	TREASURY CORP VICTORIA	2028-10-20	3.0
NSWTC 3 04/20/29	NEW S WALES TREASURY CRP 3.0% APR-29	0.5	Local Authority	Australia	AUD	3,950,000	$3,795,008	NEW S WALES TREASURY CRP	2029-04-20	3.0
QTC 4.75 02/02/34	QUEENSLAND TREASURY CORP 4.75% FEB-34	0.4	Local Authority	Australia	AUD	3,700,000	$3,646,084	QUEENSLAND TREASURY CORP	2034-02-02	4.75
ACGB 1 11/21/31	AUSTRALIAN GOVERNMENT 1.0% NOV-31	0.4	Sovereign	Australia	AUD	4,300,000	$3,535,169	AUSTRALIAN GOVERNMENT	2031-11-21	1.0
WATC 1.75 10/22/31	WESTERN AUST TREAS CORP 1.75% OCT-31	0.4	Local Authority	Australia	AUD	3,950,000	$3,353,577	WESTERN AUST TREAS CORP	2031-10-22	1.75
CPPIBC 4.1 09/01/26	CPPIB CAPITAL INC 4.1% SEP-26	0.4	Sovereign Agency	Canada	AUD	3,100,000	$3,106,789	CPPIB CAPITAL INC	2026-09-01	4.1
ACGB 4.75 06/21/54	AUSTRALIAN GOVERNMENT 4.75% JUN-54	0.4	Sovereign	Australia	AUD	3,050,000	$2,943,987	AUSTRALIAN GOVERNMENT	2054-06-21	4.75
QTC 6.5 03/14/33	QUEENSLAND TREASURY CORP 6.5% MAR-33	0.4	Local Authority	Australia	AUD	2,650,000	$2,942,219	QUEENSLAND TREASURY CORP	2033-03-14	6.5
QTC 3.25 08/21/29	QUEENSLAND TREASURY CORP 3.25% AUG-29	0.3	Local Authority	Australia	AUD	2,990,000	$2,886,119	QUEENSLAND TREASURY CORP	2029-08-21	3.25
NBNAUS 5.2 08/25/28	NBN CO LTD 5.2% AUG-28	0.3	Corporate - Non Financial	Australia	AUD	2,800,000	$2,859,052	NBN CO LTD	2028-08-25	5.2
NSWTC 1.25 11/20/30	NEW S WALES TREASURY CRP 1.25% NOV-30	0.3	Local Authority	Australia	AUD	3,300,000	$2,798,885	NEW S WALES TREASURY CRP	2030-11-20	1.25
ACGB 2.75 11/21/29	AUSTRALIAN GOVERNMENT 2.75% NOV-29	0.3	Sovereign	Australia	AUD	2,770,000	$2,646,605	AUSTRALIAN GOVERNMENT	2029-11-21	2.75
DBNGP 4.225 05/28/25	DBNGP FINANCE CO PTY LTD 4.225% MAY-25	0.3	Corporate - Non Financial	Australia	AUD	2,600,000	$2,596,284	DBNGP FINANCE CO PTY LTD	2025-05-28	4.225
QTC 3.25 07/21/28	QUEENSLAND TREASURY CORP 3.25% JUL-28	0.3	Local Authority	Australia	AUD	2,650,000	$2,593,468	QUEENSLAND TREASURY CORP	2028-07-21	3.25
WATC 2 10/24/34	WESTERN AUST TREAS CORP 2.0% OCT-34	0.3	Local Authority	Australia	AUD	3,300,000	$2,569,989	WESTERN AUST TREAS CORP	2034-10-24	2.0
QTC 2.5 03/06/29	QUEENSLAND TREASURY CORP 2.5% MAR-29	0.3	Local Authority	Australia	AUD	2,700,000	$2,550,819	QUEENSLAND TREASURY CORP	2029-03-06	2.5
CHINLP 5.1 07/19/27	CLP POWER HK FINANCING 5.1% JUL-27	0.3	Corporate - Non Financial	Hong Kong	AUD	2,500,000	$2,530,250	CLP POWER HK FINANCING	2027-07-19	5.1
TLSAU 4.9 03/08/28	TELSTRA GROUP LTD 4.9% MAR-28	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,530,162	TELSTRA GROUP LTD	2028-03-08	4.9
PSPCAP 4.6 02/06/29	PSP CAPITAL INC 4.6% FEB-29	0.3	Sovereign Agency	Canada	AUD	2,500,000	$2,530,075	PSP CAPITAL INC	2029-02-06	4.6
NBNAUS 4.2 04/14/27	NBN CO LTD 4.2% APR-27	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,494,519	NBN CO LTD	2027-04-14	4.2
237799	BRISBANE AIRPORT CORP 3.1% JUN-26	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,457,953	BRISBANE AIRPORT CORP	2026-06-30	3.1
NBNAUS 1 12/03/25	NBN CO LTD 1.0% DEC-25	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,444,712	NBN CO LTD	2025-12-03	1.0
AGIF 1.8152 11/23/28	AGI FINANCE PTY LTD 1.8152% NOV-28	0.3	Corporate - Non Financial	Australia	AUD	2,700,000	$2,435,139	AGI FINANCE PTY LTD	2028-11-23	1.8152
WENNEX 6.15 10/09/30	WESTCONNEX FINANCE CO PT 6.15% OCT-30	0.3	Corporate - Non Financial	Australia	AUD	2,300,000	$2,398,362	WESTCONNEX FINANCE CO PT	2030-10-09	6.15
BP5GWD4	GAIF BOND ISSUER P/L 2.584% NOV-27	0.3	Corporate - Financial	Australia	AUD	2,500,000	$2,376,116	GAIF BOND ISSUER P/L	2027-11-18	2.584
AGIF 2.119 06/24/27	AGI FINANCE PTY LTD 2.119% JUN-27	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,371,526	AGI FINANCE PTY LTD	2027-06-24	2.119
SGPAU 2.3 03/24/28	STOCKLAND TRUST 2.3% MAR-28	0.3	Corporate - Financial	Australia	AUD	2,500,000	$2,322,889	STOCKLAND TRUST	2028-03-24	2.3
NETFIN 2.579 10/03/28	NETWORK FINANCE CO PTY L 2.579% OCT-28	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,316,724	NETWORK FINANCE CO PTY L	2028-10-03	2.579
ELECTR 2.4737 12/15/28	ELECTRANET PTY LTD 2.4737% DEC-28	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,292,785	ELECTRANET PTY LTD	2028-12-15	2.4737
AIRSER 6 11/15/32	AIRSERVICES AUSTRALIA 6.0% NOV-32	0.3	Sovereign Agency	Australia	AUD	2,100,000	$2,225,024	AIRSERVICES AUSTRALIA	2032-11-15	6.0
QTC 3.5 08/21/30	QUEENSLAND TREASURY CORP 3.5% AUG-30	0.3	Local Authority	Australia	AUD	2,250,000	$2,163,691	QUEENSLAND TREASURY CORP	2030-08-21	3.5
SAFA 2.75 05/24/30	SOUTH AUST GOVT FIN AUTH 2.75% MAY-30	0.3	Local Authority	Australia	AUD	2,300,000	$2,142,207	SOUTH AUST GOVT FIN AUTH	2030-05-24	2.75
QTC 5.25 07/21/36	QUEENSLAND TREASURY CORP 5.25% JUL-36	0.3	Local Authority	Australia	AUD	2,130,000	$2,121,378	QUEENSLAND TREASURY CORP	2036-07-21	5.25
276322	AIR NEW ZEALAND LTD 5.7% MAY-26	0.3	Corporate - Non Financial	New Zealand	AUD	2,100,000	$2,112,770	AIR NEW ZEALAND LTD	2026-05-25	5.7
BZBX756	GPT WHL OFFICE FD NO1 4.52% FEB-27	0.2	Corporate - Financial	Australia	AUD	2,100,000	$2,089,497	GPT WHL OFFICE FD NO1	2027-02-22	4.52
PSPCAP 4.5 09/05/31	PSP CAPITAL INC 4.5% SEP-31	0.2	Sovereign Agency	Canada	AUD	2,100,000	$2,086,350	PSP CAPITAL INC	2031-09-05	4.5
AIRNZ 6.5 05/25/29	AIR NEW ZEALAND LTD 6.5% MAY-29	0.2	Corporate - Non Financial	New Zealand	AUD	2,000,000	$2,080,861	AIR NEW ZEALAND LTD	2029-05-25	6.5
WATC 2.75 07/24/29	WESTERN AUST TREAS CORP 2.75% JUL-29	0.2	Local Authority	Australia	AUD	2,180,000	$2,067,777	WESTERN AUST TREAS CORP	2029-07-24	2.75
SPKNZ 4 10/20/27	SPARK FINANCE LTD 4.0% OCT-27	0.2	Corporate - Non Financial	New Zealand	AUD	2,080,000	$2,047,365	SPARK FINANCE LTD	2027-10-20	4.0
AIRSER 2.2 05/15/30	AIRSERVICES AUSTRALIA 2.2% MAY-30	0.2	Sovereign Agency	Australia	AUD	2,300,000	$2,044,194	AIRSERVICES AUSTRALIA	2030-05-15	2.2
QIC 5.5 05/30/29	QIC FIN TOWN CENTRE FUND 5.5% MAY-29	0.2	Corporate - Financial	Australia	AUD	2,000,000	$2,033,153	QIC FIN TOWN CENTRE FUND	2029-05-30	5.5
	AUST & NZ BANKING GROUP 4.95% SEP-28	0.2			AUD	2,000,000	$2,033,020		2028-09-11	4.95
	VOLKSWAGEN FIN SERV AUST 5.65% SEP-28	0.2	Corporate - Non Financial	Germany	AUD	2,000,000	$2,022,180	VOLKSWAGEN FIN SERV AUST	2028-09-15	5.65
TOYOTA 5 09/15/26	TOYOTA FINANCE AUSTRALIA 5.0% SEP-26	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$2,017,340	TOYOTA FINANCE AUSTRALIA	2026-09-15	5.0
KFW 4.2 02/08/29	KFW 4.2% FEB-29	0.2	Government Special Purpose Bank	Germany	AUD	2,000,000	$2,007,800	KFW	2029-02-08	4.2
CM 4.4 07/15/25	CIBC SYDNEY 4.4% JUL-25	0.2	Corporate - Financial	Canada	AUD	2,000,000	$1,999,715	CIBC SYDNEY	2025-07-15	4.4
WSTP 3.9 08/11/25	WESTPAC BANKING CORP 3.9% AUG-25	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,996,282	WESTPAC BANKING CORP	2025-08-11	3.9
LOFINA 3.9 10/15/25	LONSDALE FINANCE PTY LTD 3.9% OCT-25	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$1,992,246	LONSDALE FINANCE PTY LTD	2025-10-15	3.9
BJVQPM6	VICINITY CENTRES TRUST 2.6% JUN-25	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,990,863	VICINITY CENTRES TRUST	2025-06-27	2.6
BDC6XK7	FONTERRA COOPERATIVE GRP 3.75% JUN-26	0.2	Corporate - Non Financial	New Zealand	AUD	2,000,000	$1,983,740	FONTERRA COOPERATIVE GRP	2026-06-16	3.75
BNG 3.25 08/24/26	BNG BANK NV 3.25% AUG-26	0.2	Government Special Purpose Bank	Netherlands	AUD	2,000,000	$1,977,100	BNG BANK NV	2026-08-24	3.25
BK6L523	GPT WHL OFFICE FD NO1 2.525% JAN-26	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,967,037	GPT WHL OFFICE FD NO1	2026-01-12	2.525
SGPAU 5.45 04/26/30	STOCKLAND TRUST 5.45% APR-30	0.2	Corporate - Financial	Australia	AUD	1,900,000	$1,937,343	STOCKLAND TRUST	2030-04-26	5.45
BJRCC05	LONSDALE FINANCE PTY LTD 2.45% NOV-26	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$1,931,533	LONSDALE FINANCE PTY LTD	2026-11-20	2.45
AUCKCN 4.85 05/17/29	AUCKLAND COUNCIL 4.85% MAY-29	0.2	Local Authority	New Zealand	AUD	1,900,000	$1,925,935	AUCKLAND COUNCIL	2029-05-17	4.85
EUROF 3.35 05/21/29	EUROFIMA 3.35% MAY-29	0.2	Supranational	Supranational	AUD	2,000,000	$1,921,020	EUROFIMA	2029-05-21	3.35
MELAIR 3.763 11/25/31	AUSTRALIA PACIFIC AIRPOR 3.763% NOV-31	0.2	Corporate - Non Financial	Australia	AUD	2,100,000	$1,916,682	AUSTRALIA PACIFIC AIRPOR	2031-11-25	3.763
AUSGF 1.814 02/05/27	AUSGRID FINANCE PTY LTD 1.814% FEB-27	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$1,904,684	AUSGRID FINANCE PTY LTD	2027-02-05	1.814
NAB 4.6 03/18/30	NATIONAL AUSTRALIA BANK 4.6% MAR-30	0.2	Corporate - Financial	Australia	AUD	1,900,000	$1,898,993	NATIONAL AUSTRALIA BANK	2030-03-18	4.6
BYX0MS6	UNIVERSITY OF SYDNEY 3.75% AUG-25	0.2	Corporate - Non Financial	Australia	AUD	1,900,000	$1,895,145	UNIVERSITY OF SYDNEY	2025-08-28	3.75
BLPJJ78	LONSDALE FINANCE PTY LTD 2.1% OCT-27	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$1,873,918	LONSDALE FINANCE PTY LTD	2027-10-15	2.1
GTAFIN 2.2 08/26/27	GTA FINANCE CO PTY LTD 2.2% AUG-27	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,871,063	GTA FINANCE CO PTY LTD	2027-08-26	2.2
NWG 5.899 08/23/28	NATWEST MARKETS PLC 5.899% AUG-28	0.2	Corporate - Financial	Britain	AUD	1,800,000	$1,863,180	NATWEST MARKETS PLC	2028-08-23	5.899
TASCOR 4 01/20/34	TASMANIAN PUBLIC FINANCE 4.0% JAN-34	0.2	Local Authority	Australia	AUD	2,000,000	$1,843,754	TASMANIAN PUBLIC FINANCE	2034-01-20	4.0
CHLWR 2.086 03/03/28	CHARTER HALL LWR LTD 2.086% MAR-28	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,843,383	CHARTER HALL LWR LTD	2028-03-03	2.086
RABOBK 5.09 07/17/29	RABOBANK UA/AU 5.09% JUL-29	0.2	Corporate - Financial	Netherlands	AUD	1,800,000	$1,834,866	RABOBANK UA/AU	2029-07-17	5.09
ARCIWA 6.018 05/27/31	ARC INFRASTRUCTURE WA 6.018% MAY-31	0.2	Corporate - Non Financial	Australia	AUD	1,800,000	$1,831,899	ARC INFRASTRUCTURE WA	2031-05-27	6.018
DXSAU 2.5 10/17/29	DEXUS FINANCE PTY LTD 2.5% OCT-29	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,783,173	DEXUS FINANCE PTY LTD	2029-10-17	2.5
BNG 3.3 04/26/29	BNG BANK NV 3.3% APR-29	0.2	Government Special Purpose Bank	Netherlands	AUD	1,850,000	$1,782,105	BNG BANK NV	2029-04-26	3.3
NSWTC 3 03/20/28	NEW S WALES TREASURY CRP 3.0% MAR-28	0.2	Local Authority	Australia	AUD	1,800,000	$1,754,446	NEW S WALES TREASURY CRP	2028-03-20	3.0
LLITST 2.85 06/28/30	LLITST FINANCE PTY LTD 2.85% JUN-30	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,753,381	LLITST FINANCE PTY LTD	2030-06-28	2.85
KOMMUN 2.9 11/27/26	KOMMUNEKREDIT 2.9% NOV-26	0.2	Local Authority	Denmark	AUD	1,792,000	$1,752,451	KOMMUNEKREDIT	2026-11-27	2.9
	MITSUBISHI HC CAP UK PLC 5.805% DEC-26	0.2	Corporate - Financial	Japan	AUD	1,700,000	$1,728,543	MITSUBISHI HC CAP UK PLC	2026-12-07	5.805
MGRAU 2.6 09/18/29	MIRVAC GROUP FINANCE LTD 2.6% SEP-29	0.2	Corporate - Financial	Australia	AUD	1,900,000	$1,718,276	MIRVAC GROUP FINANCE LTD	2029-09-18	2.6
CBAAU 2.4 01/14/27	COMMONWEALTH BANK AUST 2.4% JAN-27	0.2	Corporate - Financial	Australia	AUD	1,750,000	$1,694,420	COMMONWEALTH BANK AUST	2027-01-14	2.4
MP 3.5 08/22/28	MANITOBA (PROVINCE OF) 3.5% AUG-28	0.2	Local Authority	Canada	AUD	1,700,000	$1,654,049	MANITOBA (PROVINCE OF)	2028-08-22	3.5
TOYOTA 5.2 01/22/30	TOYOTA FINANCE AUSTRALIA 5.2% JAN-30	0.2	Corporate - Non Financial	Australia	AUD	1,600,000	$1,628,736	TOYOTA FINANCE AUSTRALIA	2030-01-22	5.2
VPNF 5.057 03/14/29	VICTORIA POWER NETWORKS 5.057% MAR-29	0.2	Corporate - Non Financial	Australia	AUD	1,600,000	$1,614,792	VICTORIA POWER NETWORKS	2029-03-14	5.057
NZLGFA 5 03/08/34	NZ LOCAL GOVT FUND AGENC 5.0% MAR-34	0.2	Local Authority	New Zealand	AUD	1,600,000	$1,599,824	NZ LOCAL GOVT FUND AGENC	2034-03-08	5.0
AUHPTR 6.781 11/08/29	AUSTRALIAN UNITY HEALTHC 6.781% NOV-29	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,569,186	AUSTRALIAN UNITY HEALTHC	2029-11-08	6.781
WATC 3.25 07/20/28	WESTERN AUST TREAS CORP 3.25% JUL-28	0.2	Local Authority	Australia	AUD	1,600,000	$1,568,361	WESTERN AUST TREAS CORP	2028-07-20	3.25
NETFIN 6.061 06/19/30	NETWORK FINANCE CO PTY L 6.061% JUN-30	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,564,486	NETWORK FINANCE CO PTY L	2030-06-19	6.061
SEK 5.4 11/01/30	SWEDISH EXPORT CREDIT 5.4% NOV-30	0.2	Government Special Purpose Bank	Sweden	AUD	1,500,000	$1,558,605	SWEDISH EXPORT CREDIT	2030-11-01	5.4
304130	ROYAL BK CANADA TORONTO 5.7% OCT-28	0.2	Corporate - Financial	Canada	AUD	1,500,000	$1,547,100	ROYAL BK CANADA TORONTO	2028-10-04	5.7
NSWENF 5.79 05/29/30	NSW ELECTRICITY NETWORKS 5.79% MAY-30	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,542,845	NSW ELECTRICITY NETWORKS	2030-05-29	5.79
BQGHTB0	AUST & NZ BANKING GROUP 5.35% NOV-27	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,537,140	AUST & NZ BANKING GROUP	2027-11-04	5.35
BP68ZL8	WORLEY FIN SERV PTY LTD 5.95% OCT-28	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,531,385	WORLEY FIN SERV PTY LTD	2028-10-13	5.95
ENBW 5.302 10/30/29	ENBW INTL FINANCE BV 5.302% OCT-29	0.2	Corporate - Non Financial	Germany	AUD	1,500,000	$1,527,465	ENBW INTL FINANCE BV	2029-10-30	5.302
TPNZ 4.977 11/29/28	TRANSPOWER NEW ZEALAND 4.977% NOV-28	0.2	Corporate - Non Financial	New Zealand	AUD	1,500,000	$1,527,105	TRANSPOWER NEW ZEALAND	2028-11-29	4.977
EDC 4.5 09/06/28	EXPORT DEVELOPMNT CANADA 4.5% SEP-28	0.2	Government Special Purpose Bank	Canada	AUD	1,500,000	$1,520,640	EXPORT DEVELOPMNT CANADA	2028-09-06	4.5
REGFIN 5.472 12/19/31	REGISTRY FINANCE PTY LTD 5.472% DEC-31	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,519,762	REGISTRY FINANCE PTY LTD	2031-12-19	5.472
CNHI 5.8 07/13/26	CNH CAPITAL AUS PTY LTD 5.8% JUL-26	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,518,825	CNH CAPITAL AUS PTY LTD	2026-07-13	5.8
	ETSA UTILITIES FINANCE 5.1082% JUN-27	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,517,589	ETSA UTILITIES FINANCE	2027-06-03	5.1082
BNG2VW9	SVENSKA HANDELSBANKEN AB 5.0% MAR-28	0.2	Corporate - Financial	Sweden	AUD	1,500,000	$1,517,535	SVENSKA HANDELSBANKEN AB	2028-03-02	5.0
	EXPORT-IMPORT BANK KOREA 4.8% MAY-27	0.2	Government Special Purpose Bank	South Korea	AUD	1,500,000	$1,514,640	EXPORT-IMPORT BANK KOREA	2027-05-20	4.8
CPPIBC 4.45 09/01/27	CPPIB CAPITAL INC 4.45% SEP-27	0.2	Sovereign Agency	Canada	AUD	1,500,000	$1,513,710	CPPIB CAPITAL INC	2027-09-01	4.45
EIBKOR 5.1 06/26/26	EXPORT-IMPORT BANK KOREA 5.1% JUN-26	0.2	Government Special Purpose Bank	South Korea	AUD	1,500,000	$1,513,005	EXPORT-IMPORT BANK KOREA	2026-06-26	5.1
KFW 4.3 07/13/27	KFW 4.3% JUL-27	0.2	Government Special Purpose Bank	Germany	AUD	1,500,000	$1,511,115	KFW	2027-07-13	4.3
BPCEGP 5.077 10/23/29	BPCE SA 5.077% OCT-29	0.2	Corporate - Financial	France	AUD	1,500,000	$1,510,695	BPCE SA	2029-10-23	5.077
288566	KOMMUNALBANKEN AS 4.35% JAN-28	0.2	Sovereign Agency	Norway	AUD	1,500,000	$1,509,510	KOMMUNALBANKEN AS	2028-01-18	4.35
VCXAU 4.927 06/02/28	VICINITY CENTRES TRUST 4.927% JUN-28	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,508,618	VICINITY CENTRES TRUST	2028-06-02	4.927
SHINCA 5.05 10/22/27	SHINHAN CARD CO LTD 5.05% OCT-27	0.2	Corporate - Financial	South Korea	AUD	1,500,000	$1,507,065	SHINHAN CARD CO LTD	2027-10-22	5.05
BNP 5.83 08/23/29	BNP PARIBAS 5.83% AUG-34	0.2	Corporate - Financial	France	AUD	1,500,000	$1,506,926	BNP PARIBAS	2034-08-23	5.83
OMERFT 4.5 10/16/29	OMERS FINANCE TRUST 4.5% OCT-29	0.2	Local Authority	Canada	AUD	1,500,000	$1,506,435	OMERS FINANCE TRUST	2029-10-16	4.5
BQ2K474	COMMONWEALTH BANK AUST 4.75% JAN-26	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,505,145	COMMONWEALTH BANK AUST	2026-01-13	4.75
UOBSP 4.642 03/16/26	UNITED OVERSEAS BANK/SYD 4.642% MAR-26	0.2	Corporate - Financial	Singapore	AUD	1,500,000	$1,504,935	UNITED OVERSEAS BANK/SYD	2026-03-16	4.642
BNVXJX4	AUST & NZ BANKING GROUP 4.5% MAR-28	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,504,440	AUST & NZ BANKING GROUP	2028-03-31	4.5
INGAU 4.554 08/20/27	ING BANK (AUSTRALIA) LTD 4.554% AUG-27	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,504,320	ING BANK (AUSTRALIA) LTD	2027-08-20	4.554
CBAAU 4.4 08/18/27	COMMONWEALTH BANK AUST 4.4% AUG-27	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,504,155	COMMONWEALTH BANK AUST	2027-08-18	4.4
CPPIBC 4.2 05/02/28	CPPIB CAPITAL INC 4.2% MAY-28	0.2	Sovereign Agency	Canada	AUD	1,500,000	$1,503,525	CPPIB CAPITAL INC	2028-05-02	4.2
SUNAU 4.85 10/17/25	NORFINA LTD 4.85% OCT-25	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,503,375	SUNCORP-METWAY LTD	2025-10-17	4.85
	AUCKLAND INTL AIRPORT 4.5% SEP-27	0.2	Corporate - Non Financial	New Zealand	AUD	1,500,000	$1,501,230	AUCKLAND INTL AIRPORT	2027-09-23	4.5
KBN 4.25 07/16/25	KOMMUNALBANKEN AS 4.25% JUL-25	0.2	Sovereign Agency	Norway	AUD	1,500,000	$1,499,755	KOMMUNALBANKEN AS	2025-07-16	4.25
NAB 3.9 05/30/25	NATIONAL AUSTRALIA BANK 3.9% MAY-25	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,498,675	NATIONAL AUSTRALIA BANK	2025-05-30	3.9
NEDWBK 3.4 07/22/25	NEDER WATERSCHAPSBANK 3.4% JUL-25	0.2	Government Special Purpose Bank	Netherlands	AUD	1,500,000	$1,495,865	NEDER WATERSCHAPSBANK	2025-07-22	3.4
AGIAGN 5.533 10/04/33	AUSTRALIAN GAS NETWORKS LTD 5.533% OCT-33	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,492,230	AUSTRALIAN GAS NETWORKS	2033-10-04	5.533
BKP9MN8	QIC FIN TOWN CENTRE FUND 2.0% AUG-25	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,485,989	QIC SHOPPING CENTRE FUND	2025-08-15	2.0
207712	CONNECTEAST FINANCE PTY 3.4% MAR-26	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,480,680	CONNECTEAST FINANCE PTY	2026-03-25	3.4
BK8V5W1	DOWNER GROUP FINANCE PTY 3.7% APR-26	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,480,521	DOWNER GROUP FINANCE PTY	2026-04-29	3.7
NEDWBK 3.15 09/02/26	NEDER WATERSCHAPSBANK 3.15% SEP-26	0.2	Government Special Purpose Bank	Netherlands	AUD	1,500,000	$1,480,440	NEDER WATERSCHAPSBANK	2026-09-02	3.15
KIWI 4.25 10/27/27	KIWIBANK LTD 4.25% OCT-27	0.2	Corporate - Financial	New Zealand	AUD	1,500,000	$1,480,110	KIWIBANK LTD	2027-10-27	4.25
NEDWBK 3.5 07/20/27	NEDER WATERSCHAPSBANK 3.5% JUL-27	0.2	Government Special Purpose Bank	Netherlands	AUD	1,500,000	$1,479,930	NEDER WATERSCHAPSBANK	2027-07-20	3.5
BD064L7	TRUSTEE FOR GENERAL PROP 3.657% AUG-26	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,478,715	GENERAL PROPERTY TRUST	2026-08-24	3.657
UTSYDN 3.75 07/20/27	UNI OF TECHNOLOGY/SYDNEY 3.75% JUL-27	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,478,610	UNI OF TECHNOLOGY/SYDNEY	2027-07-20	3.75
FCGNZ 4 11/02/27	FONTERRA COOPERATIVE GRP 4.0% NOV-27	0.2	Corporate - Non Financial	New Zealand	AUD	1,500,000	$1,478,295	FONTERRA COOPERATIVE GRP	2027-11-02	4.0
NEDWBK 3.45 07/17/28	NEDER WATERSCHAPSBANK 3.45% JUL-28	0.2	Government Special Purpose Bank	Netherlands	AUD	1,500,000	$1,468,200	NEDER WATERSCHAPSBANK	2028-07-17	3.45
IBRD 3.3 08/14/28	INTL BK RECON & DEVELOP 3.3% AUG-28	0.2	Supranational	Supranational	AUD	1,500,000	$1,466,445	INTL BK RECON & DEVELOP	2028-08-14	3.3
LBANK 3.45 04/11/28	L-BANK BW FOERDERBANK 3.45% APR-28	0.2	Local Authority	Germany	AUD	1,500,000	$1,459,170	L-BANK BW FOERDERBANK	2028-04-11	3.45
SUNAU 2.5 01/25/27	NORFINA LTD 2.5% JAN-27	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,451,760	SUNCORP-METWAY LTD	2027-01-25	2.5
IFC 3.15 06/26/29	INTL FINANCE CORP 3.15% JUN-29	0.2	Supranational	Supranational	AUD	1,500,000	$1,440,525	INTL FINANCE CORP	2029-06-26	3.15
NYLIFE 5.35 09/19/28	NEW YORK LIFE GLOBAL FDG 5.35% SEP-28	0.2	Corporate - Financial	United States	AUD	1,400,000	$1,435,938	NEW YORK LIFE GLOBAL FDG	2028-09-19	5.35
AFDB 1.1 12/16/26	AFRICAN DEVELOPMENT BANK 1.1% DEC-26	0.2	Supranational	Supranational	AUD	1,500,000	$1,427,790	AFRICAN DEVELOPMENT BANK	2026-12-16	1.1
BMO 5.338 06/27/29	BANK OF MONTREAL 5.338% JUN-29	0.2	Corporate - Financial	Canada	AUD	1,400,000	$1,421,504	BANK OF MONTREAL	2029-06-27	5.338
NYLIFE 5.1 07/24/29	NEW YORK LIFE GLOBAL FDG 5.1% JUL-29	0.2	Corporate - Financial	United States	AUD	1,400,000	$1,420,608	NEW YORK LIFE GLOBAL FDG	2029-07-24	5.1
TD 5.248 07/23/29	TORONTO-DOMINION BANK 5.248% JUL-29	0.2	Corporate - Financial	Canada	AUD	1,400,000	$1,416,408	TORONTO-DOMINION BANK	2029-07-23	5.248
BPLN 4.751 08/28/29	BP CAPITAL MARKETS PLC 4.751% AUG-29	0.2	Corporate - Non Financial	United States	AUD	1,400,000	$1,405,441	BP CAPITAL MARKETS PLC	2029-08-28	4.751
SGPAU 5.42 03/25/32	STOCKLAND TRUST 5.42% MAR-32	0.2	Corporate - Financial	Australia	AUD	1,400,000	$1,401,125	STOCKLAND TRUST	2032-03-25	5.42
WESAU 1.941 06/23/28	WESFARMERS LTD 1.941% JUN-28	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,384,062	WESFARMERS LTD	2028-06-23	1.941
AUSCAP 5.25 10/24/33	AUST CAPITAL TERRITORY 5.25% OCT-33	0.2	Local Authority	Australia	AUD	1,350,000	$1,374,570	AUST CAPITAL TERRITORY	2033-10-24	5.25
AGIF 6.109 06/28/30	AGI FINANCE PTY LTD 6.109% JUN-30	0.2	Corporate - Non Financial	Australia	AUD	1,300,000	$1,358,946	AGI FINANCE PTY LTD	2030-06-28	6.109
IADB 1 08/04/28	INTER-AMERICAN DEVEL BK 1.0% AUG-28	0.2	Supranational	Supranational	AUD	1,500,000	$1,358,055	INTER-AMERICAN DEVEL BK	2028-08-04	1.0
BNS 5.23 03/21/31	BANK OF NOVA SCOTIA 5.23% MAR-31	0.2	Corporate - Financial	Canada	AUD	1,350,000	$1,354,093	BANK OF NOVA SCOTIA	2031-03-21	5.23
GAIF 1.9 12/14/28	GAIF BOND ISSUER P/L 1.9% DEC-28	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,348,665	GAIF BOND ISSUER P/L	2028-12-14	1.9
SPKNZ 2.6 03/18/30	SPARK FINANCE LTD 2.6% MAR-30	0.2	Corporate - Non Financial	New Zealand	AUD	1,500,000	$1,342,155	SPARK FINANCE LTD	2030-03-18	2.6
	BANCO SANTANDER SA 5.796% JAN-29	0.2	Corporate - Financial	Spain	AUD	1,300,000	$1,335,646	BANCO SANTANDER SA	2029-01-23	5.796
CHLWR 2.656 12/17/29	CHARTER HALL LWR LTD 2.656% DEC-29	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,331,851	CHARTER HALL LWR LTD	2029-12-17	2.656
BENAU 4.958 11/28/29	BENDIGO AND ADELAIDE BK 4.958% NOV-29	0.2	Corporate - Financial	Australia	AUD	1,300,000	$1,317,732	BENDIGO AND ADELAIDE BK	2029-11-28	4.958
NBNAUS 2.2 12/16/30	NBN CO LTD 2.2% DEC-30	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,306,088	NBN CO LTD	2030-12-16	2.2
SUNCBK Float 09/27/29	NORFINA LTD 5.0309% SEP-29	0.2	Corporate - Financial	Australia	AUD	1,300,000	$1,299,935	NORFINA LTD	2029-09-27	5.0309
288345	COMMONWEALTH BANK AUST 5.0% JAN-28	0.2	Corporate - Financial	Australia	AUD	1,250,000	$1,270,875	COMMONWEALTH BANK AUST	2028-01-13	5.0
302330	MIZUHO FINANCIAL GROUP INC 0.0% AUG-29	0.2	Corporate - Financial	Japan	AUD	1,200,000	$1,269,252	MIZUHO FINANCIAL GROUP	2029-08-28
AUSCAP 1.75 10/23/31	AUST CAPITAL TERRITORY 1.75% OCT-31	0.2	Local Authority	Australia	AUD	1,500,000	$1,261,980	AUST CAPITAL TERRITORY	2031-10-23	1.75
VCXAU 6.19 04/24/34	VICINITY CENTRES TRUST 6.19% APR-34	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,245,266	VICINITY CENTRES TRUST	2034-04-24	6.19
BKLBRX3	UNITED ENERGY DISTRIBUTI 2.2% OCT-26	0.1	Corporate - Non Financial	Australia	AUD	1,280,000	$1,235,417	UNITED ENERGY DISTRIBUTI	2026-10-29	2.2
220335	MACQUARIE UNIVERSITY 2.25% MAY-30	0.1	Corporate - Non Financial	Australia	AUD	1,400,000	$1,232,666	MACQUARIE UNIVERSITY	2030-05-22	2.25
284849	WESTPAC BANKING CORP 5.3% NOV-27	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,228,920	WESTPAC BANKING CORP	2027-11-11	5.3
291542	BANCO SANTANDER SA 5.678% MAR-28	0.1	Corporate - Financial	Spain	AUD	1,200,000	$1,224,720	BANCO SANTANDER SA	2028-03-09	5.678
NAB 4.85 03/22/29	NATIONAL AUSTRALIA BANK 4.85% MAR-29	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,214,784	NATIONAL AUSTRALIA BANK	2029-03-22	4.85
ORIX 5.277 03/04/27	ORIX AUSTRALIA CORP LTD 5.277% MAR-27	0.1	Corporate - Financial	Japan	AUD	1,200,000	$1,211,840	ORIX AUSTRALIA CORP LTD	2027-03-04	5.277
303102	MACQUARIE BANK LTD 4.946% SEP-26	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,209,912	MACQUARIE BANK LTD	2026-09-14	4.946
TOYOTA 4.65 09/17/29	TOYOTA FINANCE AUSTRALIA 4.65% SEP-29	0.1	Corporate - Non Financial	Australia	AUD	1,200,000	$1,196,064	TOYOTA FINANCE AUSTRALIA	2029-09-17	4.65
CENNZ 6.398 11/21/30	CONTACT ENERGY LTD 6.398% NOV-30	0.1	Corporate - Non Financial	New Zealand	AUD	1,100,000	$1,162,044	CONTACT ENERGY LTD	2030-11-21	6.398
BMGMLL1	LIBERTY FINANCIAL PTY LTD 0.0% MAR-28	0.1	Corporate - Financial	Australia	AUD	1,100,000	$1,160,764	LIBERTY FINANCIAL PTY	2028-03-16
WATC 4.25 07/20/33	WESTERN AUST TREAS CORP 4.25% JUL-33	0.1	Local Authority	Australia	AUD	1,200,000	$1,157,245	WESTERN AUST TREAS CORP	2033-07-20	4.25
LATROU 5.311 08/08/30	LA TROBE UNIVERSITY 5.311% AUG-30	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,125,688	LA TROBE UNIVERSITY	2030-08-08	5.311
RABOBK 5.051 02/26/29	RABOBANK UA/AU 5.051% FEB-29	0.1	Corporate - Financial	Netherlands	AUD	1,100,000	$1,119,635	RABOBANK UA/AU	2029-02-26	5.051
MCYNZ 2.918 11/17/28	MERCURY NZ LTD 2.918% NOV-28	0.1	Corporate - Non Financial	New Zealand	AUD	1,190,000	$1,118,969	MERCURY NZ LTD	2028-11-17	2.918
BENAU 5.1 06/16/28	BENDIGO AND ADELAIDE BK 5.1% JUN-28	0.1	Corporate - Financial	Australia	AUD	1,100,000	$1,117,974	BENDIGO AND ADELAIDE BK	2028-06-16	5.1
DE 5.05 06/28/29	JOHN DEERE FINANCIAL LTD 5.05% JUN-29	0.1	Corporate - Non Financial	United States	AUD	1,100,000	$1,115,906	JOHN DEERE FINANCIAL LTD	2029-06-28	5.05
MELAIR 5.598 11/01/32	AUSTRALIA PACIFIC AIRPOR 5.598% NOV-32	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,109,178	AUSTRALIA PACIFIC AIRPOR	2032-11-01	5.598
UELAU 5.417 02/03/32	UNITED ENERGY DISTRIBUTI 5.417% FEB-32	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,107,018	UNITED ENERGY DISTRIBUTI	2032-02-03	5.417
CGJAU 5.546 10/07/32	COLES GROUP TREASURY PTY LTD 5.546% OCT-32	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,106,688	COLES GROUP TREASURY	2032-10-07	5.546
	NESTLE CAPITAL CORP 4.6% APR-29	0.1	Corporate - Non Financial	United States	AUD	1,100,000	$1,106,194	NESTLE CAPITAL CORP	2029-04-04	4.6
QUBETR 5.6 12/11/31	QUBE TREASURY PTY LTD 5.6% DEC-31	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,104,278	QUBE TREASURY PTY LTD	2031-12-11	5.6
BRRF1W5	PACCAR FINANCIAL PTY LTD 4.5% MAY-26	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,100,772	PACCAR FINANCIAL PTY LTD	2026-05-25	4.5
TPNZ 4.995 03/12/32	TRANSPOWER NEW ZEALAND 4.995% MAR-32	0.1	Corporate - Non Financial	New Zealand	AUD	1,100,000	$1,099,318	TRANSPOWER NEW ZEALAND	2032-03-12	4.995
ORGAU 5.35 09/26/31	ORIGIN ENERGY FINANCE 5.35% SEP-31	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,085,173	ORIGIN ENERGY FINANCE	2031-09-26	5.35
ANVAU 4.2 08/21/28	AUSNET SERVICES HOLDINGS 4.2% AUG-28	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,081,058	AUSNET SERVICES HOLDINGS	2028-08-21	4.2
AIANZ 6.482 11/16/33	AUCKLAND INTL AIRPORT 6.482% NOV-33	0.1	Corporate - Non Financial	New Zealand	AUD	1,000,000	$1,061,018	AUCKLAND INTL AIRPORT	2033-11-16	6.482
RENTEN 3.2 05/25/29	LANDWIRTSCH. RENTENBANK 3.2% MAY-29	0.1	Government Special Purpose Bank	Germany	AUD	1,100,000	$1,059,773	LANDWIRTSCH. RENTENBANK	2029-05-25	3.2
TQLAU 6.35 05/02/30	TRANSURBAN QLD FINANCE 6.35% MAY-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,051,645	TRANSURBAN QLD FINANCE	2030-05-02	6.35
305432	BANK OF AMERICA NA AUSTR 5.815% OCT-28	0.1	Corporate - Financial	United States	AUD	1,000,000	$1,041,720	BANK OF AMERICA NA AUSTR	2028-10-30	5.815
RABOBK 5.708 11/21/28	RABOBANK UA/AU 5.708% NOV-28	0.1	Corporate - Financial	Netherlands	AUD	1,000,000	$1,038,730	RABOBANK UA/AU	2028-11-21	5.708
CNUNZ 5.974 09/18/30	CHORUS LTD 5.974% SEP-30	0.1	Corporate - Non Financial	New Zealand	AUD	1,000,000	$1,036,323	CHORUS LTD	2030-09-18	5.974
CGJAU 5.8 07/15/31	COLES GROUP TREASURY 5.8% JUL-31	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,028,918	COLES GROUP TREASURY	2031-07-15	5.8
SANTAN 6.444 07/17/34	BANCO SANTANDER SA 6.444% JUL-34	0.1	Corporate - Financial	Spain	AUD	1,000,000	$1,027,214	BANCO SANTANDER SA	2034-07-17	6.444
MET 5.4 07/11/29	MET LIFE GLOB FUNDING I 5.4% JUL-29	0.1	Corporate - Financial	United States	AUD	1,000,000	$1,025,100	MET LIFE GLOB FUNDING I	2029-07-11	5.4
292300	LLOYDS BANKING GROUP PLC 0.0% MAR-29	0.1	Corporate - Financial	Britain	AUD	1,000,000	$1,024,679	LLOYDS BANKING GROUP PLC	2029-03-17
TPNZ 5.233 06/30/30	TRANSPOWER NEW ZEALAND 5.233% JUN-30	0.1	Corporate - Non Financial	New Zealand	AUD	1,000,000	$1,023,600	TRANSPOWER NEW ZEALAND	2030-06-30	5.233
QIC 5.8 05/21/31	QIC FIN TOWN CENTRE FUND 5.8% MAY-31	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,023,329	QIC FIN TOWN CENTRE FUND	2031-05-21	5.8
SUNAU 5.2 07/12/28	NORFINA LTD 5.2% JUL-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,022,410	SUNCORP-METWAY LTD	2028-07-12	5.2
ARTAUS 5.598 06/12/31	AUSTRALIAN RAIL TRACK 5.598% JUN-31	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,021,875	AUSTRALIAN RAIL TRACK	2031-06-12	5.598
SAFA 3 05/24/28	SOUTH AUST GOVT FIN AUTH 3.0% MAY-28	0.1	Local Authority	Australia	AUD	1,050,000	$1,021,510	SOUTH AUST GOVT FIN AUTH	2028-05-24	3.0
AUSEMO 5.354 12/06/28	AUSTRALIAN ENERGY MARKET 5.354% DEC-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,020,936	AUSTRALIAN ENERGY MARKET	2028-12-06	5.354
BACAU 5.9 03/08/34	BRISBANE AIRPORT CORP 5.9% MAR-34	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,018,171	BRISBANE AIRPORT CORP	2034-03-08	5.9
303196	TOYOTA FINANCE AUSTRALIA 5.2% SEP-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,017,870	TOYOTA FINANCE AUSTRALIA	2028-09-15	5.2
BAC 5.497 10/30/26	BANK OF AMERICA NA AUSTR 5.497% OCT-26	0.1	Corporate - Financial	United States	AUD	1,000,000	$1,017,630	BANK OF AMERICA NA AUSTR	2026-10-30	5.497
303195	TORONTO-DOMINION BANK 4.95% SEP-28	0.1	Corporate - Financial	Canada	AUD	1,000,000	$1,016,880	TORONTO-DOMINION BANK	2028-09-15	4.95
CEUAU 5.6 06/27/31	CONNECTEAST FINANCE PTY 5.6% JUN-31	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,015,335	CONNECTEAST FINANCE PTY	2031-06-27	5.6
NAB Float 05/12/28	NATIONAL AUSTRALIA BANK LTD 0.0% MAY-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,014,450	NATIONAL AUSTRALIA BANK	2028-05-12
BNYLCM5	NATIONWIDE BLDG SOCIETY 5.35% MAR-28	0.1	Corporate - Financial	Britain	AUD	1,000,000	$1,014,280	NATIONWIDE BLDG SOCIETY	2028-03-15	5.35
NAB 4.95 05/10/27	NATIONAL AUSTRALIA BANK 4.95% MAY-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,013,260	NATIONAL AUSTRALIA BANK	2027-05-10	4.95
PSPCAP 5.25 02/27/35	PSP CAPITAL INC 5.25% FEB-35	0.1	Sovereign Agency	Canada	AUD	1,000,000	$1,011,140	PSP CAPITAL INC	2035-02-27	5.25
KFW 4.4 07/12/29	KFW 4.4% JUL-29	0.1	Government Special Purpose Bank	Germany	AUD	1,000,000	$1,010,260	KFW	2029-07-12	4.4
BPG2YV3	AUSTRALIAN POSTAL CORP 4.9921% DEC-27	0.1	Sovereign Agency	Australia	AUD	1,000,000	$1,009,448	AUSTRALIAN POSTAL CORP	2027-12-08	4.9921
IBRD 4.3 01/10/29	INTL BK RECON & DEVELOP 4.3% JAN-29	0.1	Supranational	Supranational	AUD	1,000,000	$1,006,680	INTL BK RECON & DEVELOP	2029-01-10	4.3
NZLGFA 4.4 09/08/27	NZ LOCAL GOVT FUND AGENC 4.4% SEP-27	0.1	Local Authority	New Zealand	AUD	1,000,000	$1,006,350	NZ LOCAL GOVT FUND AGENC	2027-09-08	4.4
CPPIBC 4.4 01/15/29	CPPIB CAPITAL INC 4.4% JAN-29	0.1	Sovereign Agency	Canada	AUD	1,000,000	$1,005,600	CPPIB CAPITAL INC	2029-01-15	4.4
BLPP921	ROYAL BANK OF CANADA/SYD 4.5% JUL-27	0.1	Corporate - Financial	Canada	AUD	1,000,000	$1,004,480	ROYAL BANK OF CANADA/SYD	2027-07-13	4.5
DBSSP 4.678 02/24/26	DBS BANK LTD/AUSTRALIA 4.678% FEB-26	0.1	Corporate - Financial	Singapore	AUD	1,000,000	$1,003,460	DBS BANK LTD/AUSTRALIA	2026-02-24	4.678
VW 5.3 02/09/27	VOLKSWAGEN FIN SERV AUST 5.3% FEB-27	0.1	Corporate - Non Financial	Germany	AUD	1,000,000	$1,002,300	VOLKSWAGEN FIN SERV AUST	2027-02-09	5.3
294491	CANADIAN IMPERIAL BANK OF COMMERCE/SYDNEY 0.0% APR-26	0.1	Corporate - Financial	Canada	AUD	1,000,000	$1,002,020	CIBC SYDNEY	2026-04-21
BDFZQ57	WSO FINANCE PTY LTD 4.5% SEP-27	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,001,072	WSO FINANCE PTY LTD	2027-09-30	4.5
	NESTLE CAPITAL CORP 4.55% MAR-30	0.1	Corporate - Non Financial	United States	AUD	1,000,000	$1,000,640	NESTLE CAPITAL CORP	2030-03-13	4.55
BYM2DN5	DEXUS FINANCE PTY LTD 4.75% NOV-25	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,000,281	DEXUS FINANCE PTY LTD	2025-11-05	4.75
TD 4.5 07/28/25	TORONTO-DOMINION BANK 4.5% JUL-25	0.1	Corporate - Financial	Canada	AUD	1,000,000	$1,000,027	TORONTO-DOMINION BANK	2025-07-28	4.5
AUD	SUMITOMO MIT SYD SUMIBK 1 1/2 06/05/25	0.1			AUD	1,000,000	$1,000,000
296652	SWEDISH EXPORT CREDIT 4.3% MAY-28	0.1	Government Special Purpose Bank	Sweden	AUD	1,000,000	$999,990	SWEDISH EXPORT CREDIT	2028-05-30	4.3
BLB5Z27	NORFINA LTD 4.4% AUG-25	0.1	Corporate - Financial	Australia	AUD	1,000,000	$999,913	SUNCORP-METWAY LTD	2025-08-22	4.4
BYZZRV7	DEXUS WHOLESALE PROPERTY 4.75% JUN-25	0.1	Corporate - Financial	Australia	AUD	1,000,000	$999,688	DEXUS WHOLESALE PROPERTY	2025-06-16	4.75
190671	AMPOL LTD 4.0% APR-25	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$999,673	AMPOL LTD	2025-04-17	4.0
ANZ 4.05 05/12/25	AUST & NZ BANKING GROUP 4.05% MAY-25	0.1	Corporate - Financial	Australia	AUD	1,000,000	$999,537	AUST & NZ BANKING GROUP	2025-05-12	4.05
BNVXJY5	AUST & NZ BANKING GROUP 4.2% MAR-26	0.1	Corporate - Financial	Australia	AUD	1,000,000	$999,470	AUST & NZ BANKING GROUP	2026-03-31	4.2
MCYNZ 5.247 03/21/31	MERCURY NZ LTD 5.247% MAR-31	0.1	Corporate - Non Financial	New Zealand	AUD	1,000,000	$999,350	MERCURY NZ LTD	2031-03-21	5.247
LBANK 4.25 08/07/25	L-BANK BW FOERDERBANK 4.25% AUG-25	0.1	Local Authority	Germany	AUD	1,000,000	$999,279	L-BANK BW FOERDERBANK	2025-08-07	4.25
TLSAU 4.75 09/06/30	TELSTRA GROUP LTD 4.75% SEP-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$999,248	TELSTRA GROUP LTD	2030-09-06	4.75
BYNH1M4		0.1	Corporate - Financial	Netherlands	AUD	1,000,000	$998,890	RABOBANK NEDERLAND AU
WSTP 5.351 02/12/35	WESTPAC BANKING CORP 5.351% FEB-35	0.1	Corporate - Financial	Australia	AUD	1,000,000	$998,289	WESTPAC BANKING CORP	2035-02-12	5.351
296092	AUSTRALIAN POSTAL CORP 4.7637% MAY-29	0.1	Sovereign Agency	Australia	AUD	1,000,000	$997,303	AUSTRALIAN POSTAL CORP	2029-05-22	4.7637
BNG 3.25 07/15/25	BNG BANK NV 3.25% JUL-25	0.1	Government Special Purpose Bank	Netherlands	AUD	1,000,000	$997,155	BNG BANK NV	2025-07-15	3.25
BMH2BT8	BANK OF NOVA SCOTIA/THE 0.0% JAN-27	0.1	Corporate - Financial	Canada	AUD	1,000,000	$994,790	BANK OF NOVA SCOTIA	2027-01-20
BVYHX71	ONTARIO (PROVINCE OF) 3.1% AUG-25	0.1	Local Authority	Canada	AUD	1,000,000	$994,791	ONTARIO (PROVINCE OF)	2025-08-26	3.1
BF1ZKD1	WELLS FARGO & CO 4.0% APR-27	0.1	Corporate - Financial	United States	AUD	1,000,000	$994,710	WELLS FARGO & COMPANY	2027-04-27	4.0
BD0CNT6	MANITOBA (PROVINCE OF) 3.75% JUN-26	0.1	Local Authority	Canada	AUD	1,000,000	$994,350	MANITOBA (PROVINCE OF)	2026-06-09	3.75
BJT2247	DYNO NOBEL LTD 4.3% MAR-26	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$994,236	INCITEC PIVOT LTD	2026-03-18	4.3
SGTOPT 1.6 07/01/25	OPTUS FINANCE PTY LTD 1.6% JUL-25	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$992,436	OPTUS FINANCE PTY LTD	2025-07-01	1.6
IADB 3.85 01/24/29	INTER-AMERICAN DEVEL BK 3.85% JAN-29	0.1	Supranational	Supranational	AUD	1,000,000	$989,990	INTER-AMERICAN DEVEL BK	2029-01-24	3.85
NTTC 5.5 03/21/36	NORTHERN TERRITORY TREAS 5.5% MAR-36	0.1	Local Authority	Australia	AUD	1,000,000	$989,241	NORTHERN TERRITORY TREAS	2036-03-21	5.5
BYPDPN9	DEXUS FINANCE PTY LTD 4.25% MAY-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$988,631	DEXUS FINANCE PTY LTD	2027-05-11	4.25
BNG 3.5 07/19/27	BNG BANK NV 3.5% JUL-27	0.1	Government Special Purpose Bank	Netherlands	AUD	1,000,000	$987,100	BNG BANK NV	2027-07-19	3.5
LLOYDS 4.25 11/22/27	LLOYDS BANKING GROUP PLC 4.25% NOV-27	0.1	Corporate - Financial	Britain	AUD	1,000,000	$987,040	LLOYDS BANKING GROUP PLC	2027-11-22	4.25
VPNF 4 08/18/27	VICTORIA POWER NETWORKS 4.0% AUG-27	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$985,968	VICTORIA POWER NETWORKS	2027-08-18	4.0
	NEW S WALES TREASURY CRP 5.25% FEB-38	0.1	Local Authority	Australia	AUD	1,000,000	$985,695	NEW S WALES TREASURY CRP	2038-02-24	5.25
MP 3.6 08/17/27	MANITOBA (PROVINCE OF) 3.6% AUG-27	0.1	Local Authority	Canada	AUD	1,000,000	$985,590	MANITOBA (PROVINCE OF)	2027-08-17	3.6
SUNCBK 3.25 08/24/26	NORFINA LTD 3.25% AUG-26	0.1	Corporate - Financial	Australia	AUD	1,000,000	$985,040	SUNCORP-METWAY LTD	2026-08-24	3.25
ACGB 4.25 12/21/35	AUSTRALIAN GOVERNMENT 4.25% DEC-35	0.1	Sovereign	Australia	AUD	1,000,000	$984,609	AUSTRALIAN GOVERNMENT	2035-12-21	4.25
BDRNWV7	GPT WHOLESALE SHOP CENTR 4.49% FEB-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$984,173	GPT WHOLESALE SHOP CENTR	2028-02-28	4.49
BDGKLM3	NORDIC INVESTMENT BANK 3.3% AUG-27	0.1	Supranational	Supranational	AUD	1,000,000	$983,600	NORDIC INVESTMENT BANK	2027-08-16	3.3
EIB 3.3 02/03/28	EUROPEAN INVESTMENT BANK 3.3% FEB-28	0.1	Supranational	Supranational	AUD	1,000,000	$981,410	EUROPEAN INVESTMENT BANK	2028-02-03	3.3
231301	SPARK FINANCE LTD 1.9% JUN-26	0.1	Corporate - Non Financial	New Zealand	AUD	1,000,000	$971,390	SPARK FINANCE LTD	2026-06-05	1.9
251036	VOLKSWAGEN FIN SERV AUST 2.0% APR-26	0.1	Corporate - Non Financial	Germany	AUD	1,000,000	$969,920	VOLKSWAGEN FIN SERV AUST	2026-04-08	2.0
BACAU 4.5 12/30/30	BRISBANE AIRPORT CORP 4.5% DEC-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$964,427	BRISBANE AIRPORT CORP	2030-12-30	4.5
295755	UBS AG AUSTRALIA 5.0% MAY-28	0.1	Corporate - Financial	Switzerland	AUD	950,000	$963,813	UBS AG AUSTRALIA	2028-05-12	5.0
BKLGM88	NETWORK FINANCE CO PTY L 2.25% NOV-26	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$963,520	NETWORK FINANCE CO PTY L	2026-11-11	2.25
KBN 1.9 01/19/27	KOMMUNALBANKEN AS 1.9% JAN-27	0.1	Sovereign Agency	Norway	AUD	1,000,000	$962,300	KOMMUNALBANKEN AS	2027-01-19	1.9
ASIA 3.1 06/15/29	ASIAN DEVELOPMENT BANK 3.1% JUN-29	0.1	Supranational	Supranational	AUD	1,000,000	$959,410	ASIAN DEVELOPMENT BANK	2029-06-15	3.1
NTTC 3.5 05/21/30	NORTHERN TERRITORY TREAS 3.5% MAY-30	0.1	Local Authority	Australia	AUD	1,000,000	$955,400	NORTHERN TERRITORY TREAS	2030-05-21	3.5
CIPFAU 3.026 12/16/27	CIP FUNDING PTY LTD 3.026% DEC-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$955,329	CIP FUNDING PTY LTD	2027-12-16	3.026
239550	LENDLEASE FINANCE LTD 3.4% OCT-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$951,398	LENDLEASE FINANCE LTD	2027-10-27	3.4
CPUAU 3.147 11/30/27	COMPUTERSHARE US INC 3.147% NOV-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$950,106	COMPUTERSHARE US INC	2027-11-30	3.147
QPHFIN 2.3 07/29/27	QPH FINANCE CO PTY LTD 2.3% JUL-27	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$948,696	QPH FINANCE CO PTY LTD	2027-07-29	2.3
UBS 5.808 11/24/28	UBS AG AUSTRALIA 5.808% NOV-28	0.1	Corporate - Financial	Switzerland	AUD	900,000	$937,476	UBS AG AUSTRALIA	2028-11-24	5.808
EDICOW 3 04/11/29	EDITH COWAN UNIVERSITY 3.0% APR-29	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$932,603	EDITH COWAN UNIVERSITY	2029-04-11	3.0
NBNAUS 2.15 06/02/28	NBN CO LTD 2.15% JUN-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$932,144	NBN CO LTD	2028-06-02	2.15
	WESTERN SYDNEY UNI 1.606% DEC-27	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$928,069	WESTERN SYDNEY UNI	2027-12-08	1.606
BLF7S64	BWP TRUST 2.2% MAR-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$926,167	BWP TRUST	2028-03-24	2.2
SGTOPT 2.6 11/24/28	OPTUS FINANCE PTY LTD 2.6% NOV-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$925,131	OPTUS FINANCE PTY LTD	2028-11-24	2.6
NZLGFA 5.1 11/28/30	NZ LOCAL GOVT FUND AGENC 5.1% NOV-30	0.1	Local Authority	New Zealand	AUD	900,000	$922,554	NZ LOCAL GOVT FUND AGENC	2030-11-28	5.1
304213	SVENSKA HANDELSBANKEN AB 5.4% OCT-28	0.1	Corporate - Financial	Sweden	AUD	900,000	$921,861	SVENSKA HANDELSBANKEN AB	2028-10-05	5.4
NSWENF 2.732 04/23/29	NSW ELECTRICITY NETWORKS 2.732% APR-29	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$917,383	NSW ELECTRICITY NETWORKS	2029-04-23	2.732
NAB 5.74 02/09/34	NATIONAL AUSTRALIA BANK 5.74% FEB-34	0.1	Corporate - Financial	Australia	AUD	900,000	$916,057	NATIONAL AUSTRALIA BANK	2034-02-09	5.74
ANZ 5 06/18/29	AUST & NZ BANKING GROUP 5.0% JUN-29	0.1	Corporate - Financial	Australia	AUD	900,000	$915,624	AUST & NZ BANKING GROUP	2029-06-18	5.0
VERFIN 2.4 09/21/28	VER FINCO PTY 2.4% SEP-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$914,849	VER FINCO PTY	2028-09-21	2.4
SGSPAA 1.843 09/15/28	SGSP AUSTRALIA ASSETS 1.843% SEP-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$909,617	SGSP AUSTRALIA ASSETS	2028-09-15	1.843
BRCOL 4.95 07/16/32	BRITISH COLUMBIA PROV OF 4.95% JUL-32	0.1	Local Authority	Canada	AUD	900,000	$909,252	BRITISH COLUMBIA PROV OF	2032-07-16	4.95
CCDJ 4.751 12/02/27	FED CAISSES DESJARDINS 4.751% DEC-27	0.1	Corporate - Financial	Canada	AUD	900,000	$908,856	FED CAISSES DESJARDINS	2027-12-02	4.751
DWPFAU 1.9 08/04/28	DWPF FINANCE PTY LTD 1.9% AUG-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$907,386	DWPF FINANCE PTY LTD	2028-08-04	1.9
ANZ 5.545 01/15/35	AUST & NZ BANKING GROUP 5.545% JAN-35	0.1	Corporate - Financial	Australia	AUD	900,000	$906,419	AUST & NZ BANKING GROUP	2035-01-15	5.545
ORIX 4.987 02/28/28	ORIX AUSTRALIA CORP LTD 4.987% FEB-28	0.1	Corporate - Financial	Japan	AUD	900,000	$903,496	ORIX AUSTRALIA CORP LTD	2028-02-28	4.987
CM 4.495 12/20/27	CIBC SYDNEY 4.495% DEC-27	0.1	Corporate - Financial	Canada	AUD	900,000	$903,024	CANADIAN IMPERIAL BANK	2027-12-20	4.495
	AUCKLAND COUNCIL 4.6% JUN-30	0.1	Local Authority	New Zealand	AUD	900,000	$898,310	AUCKLAND COUNCIL	2030-06-28	4.6
	QPH FINANCE CO PTY LTD 5.302% MAR-32	0.1	Corporate - Non Financial	Australia	AUD	900,000	$897,461	QPH FINANCE CO PTY LTD	2032-03-05	5.302
SCAPRT 2.45 09/24/29	REGION RETAIL TRUST 2.45% SEP-29	0.1	Corporate - Financial	Australia	AUD	1,000,000	$895,878	SHOPPING CTR AU PRPTY RT	2029-09-24	2.45
BMB2V05	WSO FINANCE PTY LTD 2.7% JUN-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$894,263	WSO FINANCE PTY LTD	2030-06-28	2.7
WSTP 4.35 09/19/29	WESTPAC BANKING CORP 4.35% SEP-29	0.1	Corporate - Financial	Australia	AUD	900,000	$892,170	WESTPAC BANKING CORP	2029-09-19	4.35
BK11P40	BWP TRUST 3.3% APR-26	0.1	Corporate - Financial	Australia	AUD	900,000	$888,399	BWP TRUST	2026-04-10	3.3
WENNEX 3.15 03/31/31	WESTCONNEX FINANCE CO PT 3.15% MAR-31	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$888,033	WESTCONNEX FINANCE CO PT	2031-03-31	3.15
QTC 2.75 08/20/27	QUEENSLAND TREASURY CORP 2.75% AUG-27	0.1	Local Authority	Australia	AUD	900,000	$877,588	QUEENSLAND TREASURY CORP	2027-08-20	2.75
SGTOPT 2.5 07/01/30	OPTUS FINANCE PTY LTD 2.5% JUL-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$877,320	OPTUS FINANCE PTY LTD	2030-07-01	2.5
CHCFIN 3.092 04/21/31	CHC FINANCE PTY LTD 3.092% APR-31	0.1	Corporate - Financial	Australia	AUD	1,000,000	$866,539	CHC FINANCE PTY LTD	2031-04-21	3.092
CHLWR 2.787 03/03/31	CHARTER HALL LWR LTD 2.787% MAR-31	0.1	Corporate - Financial	Australia	AUD	1,000,000	$865,724	CHARTER HALL LWR LTD	2031-03-03	2.787
IBESM 5.38 11/28/30	IBERDROLA FINANZAS SAU 5.38% NOV-30	0.1	Corporate - Non Financial	Spain	AUD	850,000	$862,400	IBERDROLA FINANZAS SAU	2030-11-28	5.38
DXSAU 3 02/03/32	DEXUS FINANCE PTY LTD 3.0% FEB-32	0.1	Corporate - Financial	Australia	AUD	1,000,000	$856,880	DEXUS FINANCE PTY LTD	2032-02-03	3.0
ANVAU 4.4 08/16/27	AUSNET SERVICES HOLDINGS 4.4% AUG-27	0.1	Corporate - Non Financial	Australia	AUD	850,000	$846,362	AUSNET SERVICES HOLDINGS	2027-08-16	4.4
TASCOR 2.5 01/21/33	TASMANIAN PUBLIC FINANCE 2.5% JAN-33	0.1	Local Authority	Australia	AUD	1,000,000	$845,268	TASMANIAN PUBLIC FINANCE	2033-01-21	2.5
EIB 1.3 01/27/31	EUROPEAN INVESTMENT BANK 1.3% JAN-31	0.1	Supranational	Supranational	AUD	1,000,000	$839,140	EUROPEAN INVESTMENT BANK	2031-01-27	1.3
LLOYDS 7.086 08/31/33	LLOYDS BANKING GROUP PLC 7.086% AUG-33	0.1	Corporate - Financial	Britain	AUD	800,000	$838,788	LLOYDS BANKING GROUP PLC	2033-08-31	7.086
SGPAU 6.1 09/12/34	STOCKLAND TRUST 6.1% SEP-34	0.1	Corporate - Financial	Australia	AUD	800,000	$826,353	STOCKLAND TRUST	2034-09-12	6.1
DWPFAU 2.6 08/04/32	DWPF FINANCE PTY LTD 2.6% AUG-32	0.1	Corporate - Financial	Australia	AUD	1,000,000	$816,736	DWPF FINANCE PTY LTD	2032-08-04	2.6
	BANK OF QUEENSLAND LTD 5.3% APR-29	0.1	Corporate - Financial	Australia	AUD	800,000	$814,792	BANK OF QUEENSLAND LTD	2029-04-30	5.3
ENBW 6.048 10/30/34	ENBW INTL FINANCE BV 6.048% OCT-34	0.1	Corporate - Non Financial	Germany	AUD	800,000	$814,544	ENBW INTL FINANCE BV	2034-10-30	6.048
VCXAU 5.6051 01/22/32	VICINITY CENTRES TRUST 5.6051% JAN-32	0.1	Corporate - Financial	Australia	AUD	800,000	$813,667	VICINITY CENTRES TRUST	2032-01-22	5.6051
BNP 5.288 02/15/29	BNP PARIBAS 5.288% FEB-29	0.1	Corporate - Financial	France	AUD	800,000	$813,040	BNP PARIBAS	2029-02-15	5.288
TASCOR 4.75 01/21/31	TASMANIAN PUBLIC FINANCE 4.75% JAN-31	0.1	Local Authority	Australia	AUD	800,000	$809,816	TASMANIAN PUBLIC FINANCE	2031-01-21	4.75
CNHI 5.4 05/17/27	CNH CAPITAL AUS PTY LTD 5.4% MAY-27	0.1	Corporate - Non Financial	Australia	AUD	800,000	$807,280	CNH CAPITAL AUS PTY LTD	2027-05-17	5.4
INGAU 4.837 03/22/27	ING BANK (AUSTRALIA) LTD 4.837% MAR-27	0.1	Corporate - Financial	Australia	AUD	800,000	$806,296	ING BANK (AUSTRALIA) LTD	2027-03-22	4.837
NSWTC 4.25 02/20/36	NEW S WALES TREASURY CRP 4.25% FEB-36	0.1	Local Authority	Australia	AUD	860,000	$791,426	NEW S WALES TREASURY CRP	2036-02-20	4.25
HSBC 6.211 03/21/34	HSBC HOLDINGS PLC 6.211% MAR-34	0.1	Corporate - Financial	Britain	AUD	750,000	$765,059	HSBC HOLDINGS PLC	2034-03-21	6.211
CLFCAP 4.753 08/31/28	CLIFFORD CAPITAL PTE LTD 4.753% AUG-28	0.1	Corporate - Financial	Singapore	AUD	750,000	$763,643	CLIFFORD CAPITAL PTE LTD	2028-08-31	4.753
WATC 3 10/21/27	WESTERN AUST TREAS CORP 3.0% OCT-27	0.1	Local Authority	Australia	AUD	750,000	$735,655	WESTERN AUST TREAS CORP	2027-10-21	3.0
NAB 6.342 06/06/39	NATIONAL AUSTRALIA BANK 6.342% JUN-39	0.1	Corporate - Financial	Australia	AUD	700,000	$730,585	NATIONAL AUSTRALIA BANK	2039-06-06	6.342
ANZ 6.124 07/25/39	AUST & NZ BANKING GROUP 6.124% JUL-39	0.1	Corporate - Financial	Australia	AUD	700,000	$716,959	AUST & NZ BANKING GROUP	2039-07-25	6.124
SCGAU 5.2 11/27/29	SCENTRE GROUP TRST 1 5.2% NOV-29	0.1	Corporate - Financial	Australia	AUD	700,000	$710,421	SCENTRE GROUP TRST 1	2029-11-27	5.2
NZLGFA 4.7 08/01/28	NZ LOCAL GOVT FUND AGENC 4.7% AUG-28	0.1	Local Authority	New Zealand	AUD	700,000	$710,108	NZ LOCAL GOVT FUND AGENC	2028-08-01	4.7
AZJAU 6.2 12/05/33	AURIZON NETWORK PTY LTD 6.2% DEC-33	0.1	Corporate - Non Financial	Australia	AUD	700,000	$707,644	AURIZON NETWORK PTY LTD	2033-12-05	6.2
	UNITED ENERGY DISTRIBUTI 4.968% MAR-27	0.1	Corporate - Non Financial	Australia	AUD	700,000	$704,449	UNITED ENERGY DISTRIBUTI	2027-03-26	4.968
	KIWIBANK LTD 4.885% APR-27	0.1	Corporate - Financial	New Zealand	AUD	700,000	$704,298	KIWIBANK LTD	2027-04-02	4.885
LLOYDS 5.788 08/29/34	LLOYDS BANKING GROUP PLC 5.788% AUG-34	0.1	Corporate - Financial	Britain	AUD	700,000	$702,695	LLOYDS BANKING GROUP PLC	2034-08-29	5.788
	ETSA UTILITIES FINANCE 4.612% MAR-28	0.1	Corporate - Non Financial	Australia	AUD	700,000	$701,222	ETSA UTILITIES FINANCE	2028-03-27	4.612
AUD	MIZUHO BANK LTD/SYDNEY FRN 06SEP2027	0.1			AUD	700,000	$700,000
NSWPOF 5.042 09/19/31	NSW PORTS FINANCE CO PTY 5.042% SEP-31	0.1	Corporate - Financial	Australia	AUD	700,000	$695,282	NSW PORTS FINANCE CO PTY	2031-09-19	5.042
	LIBERTY FINANCIAL PTY LTD 0.0% MAR-30	0.1	Corporate - Financial	Australia	AUD	700,000	$695,100	LIBERTY FINANCIAL PTY	2030-03-17
TLSAU 4 04/19/27	TELSTRA CORP LTD 4.0% APR-27	0.1	Corporate - Non Financial	Australia	AUD	700,000	$695,093	TELSTRA CORP LTD	2027-04-19	4.0
TASCOR 2.25 01/22/32	TASMANIAN PUBLIC FINANCE 2.25% JAN-32	0.1	Local Authority	Australia	AUD	800,000	$686,055	TASMANIAN PUBLIC FINANCE	2032-01-22	2.25
252376	BPCE SA 1.5% APR-26	0.1	Corporate - Financial	France	AUD	700,000	$678,286	BPCE SA	2026-04-20	1.5
WSTP 7.199 11/15/38	WESTPAC BANKING CORP 7.199% NOV-38	0.1	Corporate - Financial	Australia	AUD	600,000	$659,919	WESTPAC BANKING CORP	2038-11-15	7.199
QTC 2 08/22/33	QUEENSLAND TREASURY CORP 2.0% AUG-33	0.1	Local Authority	Australia	AUD	800,000	$639,886	QUEENSLAND TREASURY CORP	2033-08-22	2.0
NTTC 3.75 04/21/33	NORTHERN TERRITORY TREAS 3.75% APR-33	0.1	Local Authority	Australia	AUD	700,000	$636,587	NORTHERN TERRITORY TREAS	2033-04-21	3.75
ANVAU 6.134 05/31/33	AUSNET SERVICES HOLDINGS 6.134% MAY-33	0.1	Corporate - Non Financial	Australia	AUD	600,000	$622,676	AUSNET SERVICES HOLDINGS	2033-05-31	6.134
BACR 6.158 05/28/35	BARCLAYS PLC 6.158% MAY-35	0.1	Corporate - Financial	Britain	AUD	600,000	$609,327	BARCLAYS PLC	2035-05-28	6.158
BNG58F0	ICPF FINANCE PTY LTD 2.725% OCT-30	0.1	Corporate - Financial	Australia	AUD	700,000	$608,693	ICPF FINANCE PTY LTD	2030-10-11	2.725
BMCS362	SUNCORP GROUP LTD 0.0% JUN-34	0.1	Corporate - Financial	Australia	AUD	600,000	$608,664	SUNCORP GROUP LTD	2034-06-27
BENAU 5.1 05/14/27	BENDIGO AND ADELAIDE BK 5.1% MAY-27	0.1	Corporate - Financial	Australia	AUD	600,000	$607,404	BENDIGO AND ADELAIDE BK	2027-05-14	5.1
301515	WESTPAC BANKING CORP 4.8% AUG-26	0.1	Corporate - Financial	Australia	AUD	600,000	$604,380	WESTPAC BANKING CORP	2026-08-10	4.8
NBNAUS 5 08/28/31	NBN CO LTD 5.0% AUG-31	0.1	Corporate - Non Financial	Australia	AUD	600,000	$602,531	NBN CO LTD	2031-08-28	5.0
NTTC 5.75 04/21/37	NORTHERN TERRITORY TREAS 5.75% APR-37	0.1	Local Authority	Australia	AUD	600,000	$602,416	NORTHERN TERRITORY TREAS	2037-04-21	5.75
MQGAU 5.603 02/20/35	MACQUARIE BANK LTD 5.603% FEB-35	0.1	Corporate - Financial	Australia	AUD	600,000	$601,928	MACQUARIE BANK LTD	2035-02-20	5.603
AUD	MUFG BANK SYDNEY MUFG FLOAT 03/05/29	0.1			AUD	600,000	$600,000
TASCOR 3.25 02/19/26	TASMANIAN PUBLIC FINANCE 3.25% FEB-26	0.1	Local Authority	Australia	AUD	600,000	$596,316	TASMANIAN PUBLIC FINANCE	2026-02-19	3.25
CBAAU 6.152 11/27/39	COMMONWEALTH BANK AUST 6.152% NOV-39	0.1	Corporate - Financial	Australia	AUD	550,000	$563,730	COMMONWEALTH BANK AUST	2039-11-27	6.152
	LIBERTY FINANCIAL PTY LTD 0.0% MAR-29	0.1	Corporate - Financial	Australia	AUD	500,000	$531,590	LIBERTY FINANCIAL PTY	2029-03-08
QPHFIN 6.392 11/01/30	QPH FINANCE CO PTY LTD 6.392% NOV-30	0.1	Corporate - Non Financial	Australia	AUD	500,000	$529,871	QPH FINANCE CO PTY LTD	2030-11-01	6.392
305280	BPCE SA 6.2715% OCT-28	0.1	Corporate - Financial	France	AUD	500,000	$524,410	BPCE SA	2028-10-24	6.2715
SANTAN 6.499 01/23/31	BANCO SANTANDER SA 6.499% JAN-31	0.1	Corporate - Financial	Spain	AUD	500,000	$521,965	BANCO SANTANDER SA	2031-01-23	6.499
CBAAU 6.446 10/25/33	COMMONWEALTH BANK AUST 6.446% OCT-33	0.1	Corporate - Financial	Australia	AUD	500,000	$520,893	COMMONWEALTH BANK AUST	2033-10-25	6.446
BQLT900	QBE INSURANCE GROUP LTD 0.0% JUN-39	0.1	Corporate - Financial	Australia	AUD	500,000	$520,580	QBE INSURANCE GROUP LTD	2039-06-28
FLNPRT 6.1 07/10/34	FLINDERS PORT HOLDINGS 6.1% JUL-34	0.1	Corporate - Non Financial	Australia	AUD	500,000	$517,507	FLINDERS PORT HOLDINGS	2034-07-10	6.1
305682	BENDIGO & ADELAIDE BANK LTD 0.0% NOV-33	0.1	Corporate - Financial	Australia	AUD	500,000	$517,490	BENDIGO AND ADELAIDE BK	2033-11-03
	AIRSERVICES AUSTRALIA 5.4% NOV-28	0.1	Sovereign Agency	Australia	AUD	500,000	$515,482	AIRSERVICES AUSTRALIA	2028-11-15	5.4
WOWAU 5.762 04/18/31	WOOLWORTHS GROUP LTD 5.762% APR-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$513,235	WOOLWORTHS GROUP LTD	2031-04-18	5.762
WSTP 5.972 07/10/34	WESTPAC BANKING CORP 5.972% JUL-34	0.1	Corporate - Financial	Australia	AUD	500,000	$513,140	WESTPAC BANKING CORP	2034-07-10	5.972
TLSAU 5.65 03/06/34	TELSTRA GROUP LTD 5.65% MAR-34	0.1	Corporate - Non Financial	Australia	AUD	500,000	$511,902	TELSTRA GROUP LTD	2034-03-06	5.65
LLOYDS 5.687 03/06/30	LLOYDS BANKING GROUP PLC 5.687% MAR-30	0.1	Corporate - Financial	Britain	AUD	500,000	$511,487	LLOYDS BANKING GROUP PLC	2030-03-06	5.687
	INSURANCE AUSTRALIA GROUP LTD 0.0% DEC-38	0.1	Corporate - Financial	Australia	AUD	500,000	$511,290	INSURANCE AUSTRALIA GRP	2038-12-15
	NORFINA LTD 5.45% MAY-27	0.1	Corporate - Financial	Australia	AUD	500,000	$510,780	SUNCORP-METWAY LTD	2027-05-24	5.45
NAB Float 11/18/31	NATIONAL AUSTRALIA BANK LTD 6.1891% NOV-31	0.1	Corporate - Financial	Australia	AUD	500,000	$510,360	NATIONAL AUSTRALIA BANK	2031-11-18	6.1891
ACAFP 5.3636 06/01/28	CREDIT AGRICOLE SA 5.3636% JUN-28	0.1	Corporate - Financial	France	AUD	500,000	$509,430	CREDIT AGRICOLE SA	2028-06-01	5.3636
HSBC 5.1 03/03/28	HSBC LTD/SYDNEY 5.1% MAR-28	0.1	Corporate - Financial	Hong Kong	AUD	500,000	$508,965	HSBC LTD/SYDNEY	2028-03-03	5.1
	WESTPAC BANKING CORP 0.0% APR-34	0.1	Corporate - Financial	Australia	AUD	500,000	$508,838	WESTPAC BANKING CORP	2034-04-03
303344	WESTPAC BANKING CORP 5.0% SEP-28	0.1	Corporate - Financial	Australia	AUD	500,000	$508,505	WESTPAC BANKING CORP	2028-09-19	5.0
INGAU 4.9492 11/20/29	ING BANK (AUSTRALIA) LTD 4.9492% NOV-29	0.1	Corporate - Financial	Australia	AUD	500,000	$507,950	ING BANK (AUSTRALIA) LTD	2029-11-20	4.9492
BN6KLT0	BANK OF QUEENSLAND LTD 0.0% MAY-28	0.1	Corporate - Financial	Australia	AUD	500,000	$507,935	BANK OF QUEENSLAND LTD	2028-05-09
CBAAU 4.9 08/17/28	COMMONWEALTH BANK AUST 4.9% AUG-28	0.1	Corporate - Financial	Australia	AUD	500,000	$507,840	COMMONWEALTH BANK AUST	2028-08-17	4.9
WSTP 4.95 01/21/30	WESTPAC BANKING CORP 4.95% JAN-30	0.1	Corporate - Financial	Australia	AUD	500,000	$507,815	WESTPAC BANKING CORP	2030-01-21	4.95
BP7NL81	NATIONAL AUSTRALIA BANK 4.95% NOV-27	0.1	Corporate - Financial	Australia	AUD	500,000	$507,560	NATIONAL AUSTRALIA BANK	2027-11-25	4.95
ANVAU 6.187 02/12/55	AUSNET SERVICES HOLDINGS 6.187% FEB-55	0.1	Corporate - Non Financial	Australia	AUD	500,000	$507,170	AUSNET SERVICES HOLDINGS	2055-02-12	6.187
SCAPRT 5.55 03/05/31	REGION RETAIL TRUST 5.55% MAR-31	0.1	Corporate - Financial	Australia	AUD	500,000	$507,004	REGION RETAIL TRUST	2031-03-05	5.55
SCGAU 5.9 11/27/34	SCENTRE GROUP TRST 1 5.9% NOV-34	0.1	Corporate - Financial	Australia	AUD	500,000	$506,463	SCENTRE GROUP TRST 1	2034-11-27	5.9
WESAIR 5.6 03/05/31	PERTH AIRPORT PTY LTD 5.6% MAR-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$506,328	PERTH AIRPORT PTY LTD	2031-03-05	5.6
BMGWWF2	SUNCORP GROUP LTD 0.0% DEC-35	0.1	Corporate - Financial	Australia	AUD	500,000	$506,040	SUNCORP GROUP LTD	2035-12-01
BMZPGQ1	WESTPAC BANKING CORP 4.8% FEB-28	0.1	Corporate - Financial	Australia	AUD	500,000	$505,875	WESTPAC BANKING CORP	2028-02-16	4.8
LOFINA 5.5 11/19/31	LONSDALE FINANCE PTY LTD 5.5% NOV-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$505,507	LONSDALE FINANCE PTY LTD	2031-11-19	5.5
VW 5.55 06/14/28	VOLKSWAGEN FIN SERV AUST 5.55% JUN-28	0.1	Corporate - Non Financial	Germany	AUD	500,000	$505,420	VOLKSWAGEN FIN SERV AUST	2028-06-14	5.55
PCARAU 4.95 05/20/27	PACCAR FINANCIAL PTY LTD 4.95% MAY-27	0.1	Corporate - Non Financial	Australia	AUD	500,000	$505,360	PACCAR FINANCIAL PTY LTD	2027-05-20	4.95
	INDUSTRIAL BANK OF KOREA 4.826% FEB-30	0.1	Government Special Purpose Bank	South Korea	AUD	500,000	$505,335	INDUSTRIAL BANK OF KOREA	2030-02-27	4.826
BFCM 5.1264 05/24/27	BANQUE FED CRED MUTUEL 5.1264% MAY-27	0.1	Corporate - Financial	France	AUD	500,000	$504,735	BANQUE FED CRED MUTUEL	2027-05-24	5.1264
CBAAU Float 08/20/31	COMMONWEALTH BANK OF AUSTRALIA 5.4673% AUG-31	0.1	Corporate - Financial	Australia	AUD	500,000	$504,675	COMMONWEALTH BANK AUST	2031-08-20	5.4673
BNQSBV6	NORFINA LTD 4.8% DEC-27	0.1	Corporate - Financial	Australia	AUD	500,000	$504,590	SUNCORP-METWAY LTD	2027-12-14	4.8
LLOYDS 5.3906 06/10/27	LLOYDS BANKING GROUP PLC 5.3906% JUN-27	0.1	Corporate - Financial	Britain	AUD	500,000	$504,539	LLOYDS BANKING GROUP PLC	2027-06-10	5.3906
RENTEN 4.75 05/06/26	LANDWIRTSCH. RENTENBANK 4.75% MAY-26	0.1	Government Special Purpose Bank	Germany	AUD	500,000	$504,100	LANDWIRTSCH. RENTENBANK	2026-05-06	4.75
BENAU Float 01/27/27		0.1	Corporate - Financial	Australia	AUD	500,000	$503,990	BENDIGO AND ADELAIDE BK
KOREA 4.51 12/10/29	REPUBLIC OF KOREA 4.51% DEC-29	0.1	Sovereign	South Korea	AUD	500,000	$503,938	REPUBLIC OF KOREA	2029-12-10	4.51
ASIA 4.5 06/20/30	ASIAN DEVELOPMENT BANK 4.5% JUN-30	0.1	Supranational	Supranational	AUD	500,000	$503,835	ASIAN DEVELOPMENT BANK	2030-06-20	4.5
	CORP ANDINA DE FOMENTO 5.3% FEB-29	0.1	Supranational	Supranational	AUD	500,000	$503,705	CORP ANDINA DE FOMENTO	2029-02-19	5.3
AIRSER 5 05/15/31	AIRSERVICES AUSTRALIA 5.0% MAY-31	0.1	Sovereign Agency	Australia	AUD	500,000	$503,705	AIRSERVICES AUSTRALIA	2031-05-15	5.0
BLPP909	ROYAL BANK OF CANADA/SYDNEY 0.0% JUL-27	0.1	Corporate - Financial	Canada	AUD	500,000	$503,660	ROYAL BANK OF CANADA/SYD	2027-07-13
CBAAU 4.75 01/09/30	COMMONWEALTH BANK AUST 4.75% JAN-30	0.1	Corporate - Financial	Australia	AUD	500,000	$503,555	COMMONWEALTH BANK AUST	2030-01-09	4.75
ANZ Float 01/16/34	AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 5.97% JAN-34	0.1	Corporate - Financial	Australia	AUD	500,000	$503,375	AUST & NZ BANKING GROUP	2034-01-16	5.97
TOYOTA 4.75 04/06/28	TOYOTA FINANCE AUSTRALIA 4.75% APR-28	0.1	Corporate - Non Financial	Australia	AUD	500,000	$503,245	TOYOTA FINANCE AUSTRALIA	2028-04-06	4.75
ASIA 4.25 01/17/28	ASIAN DEVELOPMENT BANK 4.25% JAN-28	0.1	Supranational	Supranational	AUD	500,000	$503,230	ASIAN DEVELOPMENT BANK	2028-01-17	4.25
	ASX LTD 0.0% FEB-27	0.1	Corporate - Financial	Australia	AUD	500,000	$503,170	ASX LTD	2027-02-26
EIB 4.2 08/21/28	EUROPEAN INVESTMENT BANK 4.2% AUG-28	0.1	Supranational	Supranational	AUD	500,000	$502,665	EUROPEAN INVESTMENT BANK	2028-08-21	4.2
AFDB 4.5 06/02/26	AFRICAN DEVELOPMENT BANK 4.5% JUN-26	0.1	Supranational	Supranational	AUD	500,000	$502,515	AFRICAN DEVELOPMENT BANK	2026-06-02	4.5
237547	KIWIBANK LTD 0.0% SEP-25	0.1	Corporate - Financial	New Zealand	AUD	500,000	$502,380	KIWIBANK LTD	2025-09-23
ANZ 4.95 11/04/25	AUST & NZ BANKING GROUP 4.95% NOV-25	0.1	Corporate - Financial	Australia	AUD	500,000	$501,690	AUST & NZ BANKING GROUP	2025-11-04	4.95
282267	BPCE SA 5.2018% SEP-25	0.1	Corporate - Financial	France	AUD	500,000	$501,517	BPCE SA	2025-09-29	5.2018
295683	BENDIGO AND ADELAIDE BK 4.7% MAY-26	0.1	Corporate - Financial	Australia	AUD	500,000	$501,275	BENDIGO AND ADELAIDE BK	2026-05-15	4.7
BPTKDC8	BANK OF QUEENSLAND LTD 4.7% JAN-27	0.1	Corporate - Financial	Australia	AUD	500,000	$501,135	BANK OF QUEENSLAND LTD	2027-01-27	4.7
BPCPX42	ING BANK (AUSTRALIA) LTD 4.7% DEC-25	0.1	Corporate - Financial	Australia	AUD	500,000	$501,085	ING BANK (AUSTRALIA) LTD	2025-12-08	4.7
TRGRID 6.277 03/11/55	NSW ELECTRICITY NETWORKS 6.277% MAR-55	0.1	Corporate - Non Financial	Australia	AUD	500,000	$501,010	NSW ELECTRICITY NETWORKS	2055-03-11	6.277
NAB 4.65 11/25/25	NATIONAL AUSTRALIA BANK 4.65% NOV-25	0.1	Corporate - Financial	Australia	AUD	500,000	$500,990	NATIONAL AUSTRALIA BANK	2025-11-25	4.65
NWG 5.0546 08/12/25	NATWEST MARKETS PLC 5.0546% AUG-25	0.1	Corporate - Financial	Britain	AUD	500,000	$500,974	NATWEST MARKETS PLC	2025-08-12	5.0546
285030	KOMMUNALBANKEN AS 4.4% FEB-26	0.1	Sovereign Agency	Norway	AUD	500,000	$500,970	KOMMUNALBANKEN AS	2026-02-17	4.4
295554	NATIONAL AUSTRALIA BANK 4.4% MAY-28	0.1	Corporate - Financial	Australia	AUD	500,000	$500,225	NATIONAL AUSTRALIA BANK	2028-05-12	4.4
ELECTR 5.3038 07/10/31	ELECTRANET PTY LTD 5.3038% JUL-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$500,187	ELECTRANET PTY LTD	2031-07-10	5.3038
VZ 4.5 08/17/27	VERIZON COMMUNICATIONS 4.5% AUG-27	0.1	Corporate - Non Financial	United States	AUD	500,000	$500,155	VERIZON COMMUNICATIONS	2027-08-17	4.5
IBRD 4.25 06/24/25	INTL BK RECON & DEVELOP 4.25% JUN-25	0.1	Supranational	Supranational	AUD	500,000	$500,036	INTL BK RECON & DEVELOP	2025-06-24	4.25
AUD	MIZUHO BANK/SYD MIZUHO FLOAT 02/23/26	0.1			AUD	500,000	$500,000
AUD	SUMITOMO MIT SYD SUMIBK FLOAT 02/20/26	0.1			AUD	500,000	$500,000
BYYWSC7	AUSTRALIA PACIFIC AIRPOR 4.55% NOV-25	0.1	Corporate - Non Financial	Australia	AUD	500,000	$499,995	AUSTRALIA PACIFIC AIRPOR	2025-11-11	4.55
BACAU 3.9 04/24/25	BRISBANE AIRPORT CORP 3.9% APR-25	0.1	Corporate - Non Financial	Australia	AUD	500,000	$499,746	BRISBANE AIRPORT CORP	2025-04-24	3.9
CBAAU 4.2 08/18/25	COMMONWEALTH BANK AUST 4.2% AUG-25	0.1	Corporate - Financial	Australia	AUD	500,000	$499,655	COMMONWEALTH BANK AUST	2025-08-18	4.2
ETSA 5.681 03/27/35	ETSA UTILITIES FINANCE 5.681% MAR-35	0.1	Corporate - Non Financial	Australia	AUD	500,000	$499,654	ETSA UTILITIES FINANCE	2035-03-27	5.681
276268	ING BANK (AUSTRALIA) LTD 4.0% MAY-25	0.1	Corporate - Financial	Australia	AUD	500,000	$499,633	ING BANK (AUSTRALIA) LTD	2025-05-26	4.0
RY 3 3/4 05/06/25	ROYAL BANK OF CANADA/SYD 3.75% MAY-25	0.1	Corporate - Financial	Canada	AUD	500,000	$499,631	ROYAL BANK OF CANADA/SYD	2025-05-06	3.75
BYZWC91	COMMONWEALTH BANK AUST 4.2% JUN-26	0.1	Corporate - Financial	Australia	AUD	500,000	$499,600	COMMONWEALTH BANK AUST	2026-06-11	4.2
WSTP 3.8 05/20/25	WESTPAC BANKING CORP 3.8% MAY-25	0.1	Corporate - Financial	Australia	AUD	500,000	$499,569	WESTPAC BANKING CORP	2025-05-20	3.8
NEDFIN 4.25 07/08/25	NEDER FINANCIERINGS-MAAT 4.25% JUL-25	0.1	Government Special Purpose Bank	Netherlands	AUD	500,000	$499,544	NEDER FINANCIERINGS-MAAT	2025-07-08	4.25
BLDCZS2	PACCAR FINANCIAL PTY LTD 4.05% JUN-25	0.1	Corporate - Non Financial	Australia	AUD	500,000	$499,473	PACCAR FINANCIAL PTY LTD	2025-06-02	4.05
BD9WX42	MACQUARIE BANK LTD 4.25% JUL-26	0.1	Corporate - Financial	Australia	AUD	500,000	$499,380	MACQUARIE BANK LTD	2026-07-28	4.25
SANTAN 5.8 03/06/35	BANCO SANTANDER SA 5.8% MAR-35	0.1	Corporate - Financial	Spain	AUD	500,000	$499,197	BANCO SANTANDER SA	2035-03-06	5.8
BZ6FFQ4	WESTPAC BANKING CORP 4.125% JUN-26	0.1	Corporate - Financial	Australia	AUD	500,000	$499,105	WESTPAC BANKING CORP	2026-06-04	4.125
EUROF 3.9 12/19/25	EUROFIMA 3.9% DEC-25	0.1	Supranational	Supranational	AUD	500,000	$498,675	EUROFIMA	2025-12-19	3.9
230306	WOOLWORTHS GROUP LTD 1.85% MAY-25	0.1	Corporate - Non Financial	Australia	AUD	500,000	$498,190	WOOLWORTHS GROUP LTD	2025-05-20	1.85
BQDAU 4 10/29/25	BANK OF QUEENSLAND LTD 4.0% OCT-25	0.1	Corporate - Financial	Australia	AUD	500,000	$498,185	BANK OF QUEENSLAND LTD	2025-10-29	4.0
IFC 3.6 02/24/26	INTL FINANCE CORP 3.6% FEB-26	0.1	Supranational	Supranational	AUD	500,000	$498,160	INTL FINANCE CORP	2026-02-24	3.6
T 4.1 01/19/26	AT&T INC 4.1% JAN-26	0.1	Corporate - Non Financial	United States	AUD	500,000	$498,135	AT&T INC	2026-01-19	4.1
230921	BPCE SA 2.0% JUN-25	0.1	Corporate - Financial	France	AUD	500,000	$497,708	BPCE SA	2025-06-05	2.0
	QBE INSURANCE GROUP LTD 0.0% JUN-35	0.1	Corporate - Financial	Australia	AUD	500,000	$497,530	QBE INSURANCE GROUP LTD	2035-06-11
Q 3.7 05/20/26	PROVINCE OF QUEBEC 3.7% MAY-26	0.1	Local Authority	Canada	AUD	500,000	$497,205	PROVINCE OF QUEBEC	2026-05-20	3.7
BDB76V3	APPLE INC 3.6% JUN-26	0.1	Corporate - Non Financial	United States	AUD	500,000	$497,135	APPLE INC	2026-06-10	3.6
NIB 3.4 02/06/26	NORDIC INVESTMENT BANK 3.4% FEB-26	0.1	Supranational	Supranational	AUD	500,000	$496,890	NORDIC INVESTMENT BANK	2026-02-06	3.4
BDZZZZ0	ANHEUSER-BUSCH INBEV WOR 4.1% SEP-27	0.1	Corporate - Non Financial	Belgium	AUD	500,000	$496,550	ANHEUSER-BUSCH INBEV WOR	2027-09-06	4.1
NTTC 5.25 03/21/34	NORTHERN TERRITORY TREAS 5.25% MAR-34	0.1	Local Authority	Australia	AUD	500,000	$496,517	NORTHERN TERRITORY TREAS	2034-03-21	5.25
BYP6R54	AUCKLAND COUNCIL 3.5% MAR-26	0.1	Local Authority	New Zealand	AUD	500,000	$495,657	AUCKLAND COUNCIL	2026-03-09	3.5
SCGAU 5.9 03/31/55	SCENTRE GROUP TRUST 1 5.9% MAR-55	0.1	Corporate - Financial	Australia	AUD	500,000	$495,270	SCENTRE GROUP TRST 1	2055-03-31	5.9
AUSCAP 5.25 10/23/36	AUST CAPITAL TERRITORY 5.25% OCT-36	0.1	Local Authority	Australia	AUD	500,000	$495,140	AUST CAPITAL TERRITORY	2036-10-23	5.25
TQLAU 5.623 08/28/34	TRANSURBAN QLD FINANCE 5.623% AUG-34	0.1	Corporate - Non Financial	Australia	AUD	500,000	$494,907	TRANSURBAN QLD FINANCE	2034-08-28	5.623
MGRAU 5.15 03/18/31	MIRVAC GROUP FINANCE LTD 5.15% MAR-31	0.1	Corporate - Financial	Australia	AUD	500,000	$494,772	MIRVAC GROUP FINANCE LTD	2031-03-18	5.15
BF0N4T0	MET LIFE GLOB FUNDING I 4.0% JUL-27	0.1	Corporate - Financial	United States	AUD	500,000	$494,650	MET LIFE GLOB FUNDING I	2027-07-13	4.0
KFW 3.2 09/11/26	KFW 3.2% SEP-26	0.1	Government Special Purpose Bank	Germany	AUD	500,000	$494,640	KFW	2026-09-11	3.2
UBS 1.2 07/30/25	UBS AG AUSTRALIA 1.2% JUL-25	0.1	Corporate - Financial	Switzerland	AUD	500,000	$494,634	UBS AG AUSTRALIA	2025-07-30	1.2
VOD 4.2 12/13/27	VODAFONE GROUP PLC 4.2% DEC-27	0.1	Corporate - Non Financial	Britain	AUD	500,000	$494,570	VODAFONE GROUP PLC	2027-12-13	4.2
EIB 3.1 08/17/26	EUROPEAN INVESTMENT BANK 3.1% AUG-26	0.1	Supranational	Supranational	AUD	500,000	$494,455	EUROPEAN INVESTMENT BANK	2026-08-17	3.1
EIB 4.55 06/02/33	EUROPEAN INVESTMENT BANK 4.55% JUN-33	0.1	Supranational	Supranational	AUD	500,000	$494,255	EUROPEAN INVESTMENT BANK	2033-06-02	4.55
AIRSER 3.25 05/15/26	AIRSERVICES AUSTRALIA 3.25% MAY-26	0.1	Sovereign Agency	Australia	AUD	500,000	$494,034	AIRSERVICES AUSTRALIA	2026-05-15	3.25
BD6DFL9	AUSTRALIA PACIFIC AIRPOR 3.75% NOV-26	0.1	Corporate - Non Financial	Australia	AUD	500,000	$493,370	AUSTRALIA PACIFIC AIRPOR	2026-11-04	3.75
260234	GENERAL MOTORS FINL CO 1.55% SEP-25	0.1	Corporate - Non Financial	United States	AUD	500,000	$493,338	GENERAL MOTORS FINL CO	2025-09-02	1.55
VW 1.4 08/25/25	VOLKSWAGEN FIN SERV AUST 1.4% AUG-25	0.1	Corporate - Non Financial	Germany	AUD	500,000	$493,141	VOLKSWAGEN FIN SERV AUST	2025-08-25	1.4
ASIA 3 10/14/26	ASIAN DEVELOPMENT BANK 3.0% OCT-26	0.1	Supranational	Supranational	AUD	500,000	$492,865	ASIAN DEVELOPMENT BANK	2026-10-14	3.0
BF51KP7	DEUTSCHE BAHN FIN GMBH 3.8% SEP-27	0.1	Corporate - Non Financial	Germany	AUD	500,000	$492,765	DEUTSCHE BAHN FIN GMBH	2027-09-27	3.8
BYSXSJ3	SWEDISH EXPORT CREDIT 3.3% SEP-26	0.1	Government Special Purpose Bank	Sweden	AUD	500,000	$492,605	SWEDISH EXPORT CREDIT	2026-09-18	3.3
KBN 3 12/09/26	KOMMUNALBANKEN AS 3.0% DEC-26	0.1	Sovereign Agency	Norway	AUD	500,000	$491,215	KOMMUNALBANKEN AS	2026-12-09	3.0
IFC 3.2 10/18/27	INTL FINANCE CORP 3.2% OCT-27	0.1	Supranational	Supranational	AUD	500,000	$490,660	INTL FINANCE CORP	2027-10-18	3.2
BP8KS68		0.1	Corporate - Non Financial	Australia	AUD	500,000	$488,577	MONASH UNIVERSITY
ASIA 3.3 08/08/28	ASIAN DEVELOPMENT BANK 3.3% AUG-28	0.1	Supranational	Supranational	AUD	500,000	$488,545	ASIAN DEVELOPMENT BANK	2028-08-08	3.3
NAB 2.9 02/25/27	NATIONAL AUSTRALIA BANK 2.9% FEB-27	0.1	Corporate - Financial	Australia	AUD	500,000	$487,535	NATIONAL AUSTRALIA BANK	2027-02-25	2.9
BD0PB35	EUROFIMA 2.6% JAN-27	0.1	Supranational	Supranational	AUD	500,000	$486,810	EUROFIMA	2027-01-13	2.6
	INSURANCE AUSTRALIA GROUP LTD 0.0% JUN-37	0.1	Corporate - Financial	Australia	AUD	500,000	$486,190	INSURANCE AUSTRALIA GRP	2037-06-15
IADB 2.5 04/14/27	INTER-AMERICAN DEVEL BK 2.5% APR-27	0.1	Supranational	Supranational	AUD	500,000	$485,885	INTER-AMERICAN DEVEL BK	2027-04-14	2.5
BNRK6H2	SVENSKA HANDELSBANKEN AB 1.2% MAR-26	0.1	Corporate - Financial	Sweden	AUD	500,000	$485,355	SVENSKA HANDELSBANKEN AB	2026-03-04	1.2
NRWBK 1.05 03/31/26	NRW.BANK 1.05% MAR-26	0.1	Local Authority	Germany	AUD	500,000	$484,470	NRW.BANK	2026-03-31	1.05
BD5CZT5	AUCKLAND COUNCIL 2.9% SEP-27	0.1	Local Authority	New Zealand	AUD	500,000	$482,735	AUCKLAND COUNCIL	2027-09-16	2.9
IBRD 4.2 04/21/33	INTL BK RECON & DEVELOP 4.2% APR-33	0.1	Supranational	Supranational	AUD	500,000	$482,445	INTL BK RECON & DEVELOP	2033-04-21	4.2
219623	COLES GROUP TREASURY 2.2% NOV-26	0.1	Corporate - Non Financial	Australia	AUD	500,000	$482,100	COLES GROUP TREASURY	2026-11-06	2.2
NEDWBK 3.3 05/02/29	NEDER WATERSCHAPSBANK 3.3% MAY-29	0.1	Government Special Purpose Bank	Netherlands	AUD	500,000	$481,550	NEDER WATERSCHAPSBANK	2029-05-02	3.3
259409	ING BANK (AUSTRALIA) LTD 1.1% AUG-26	0.1	Corporate - Financial	Australia	AUD	500,000	$478,595	ING BANK (AUSTRALIA) LTD	2026-08-19	1.1
AUSCAP 4.5 10/23/34	AUST CAPITAL TERRITORY 4.5% OCT-34	0.1	Local Authority	Australia	AUD	500,000	$475,740	AUST CAPITAL TERRITORY	2034-10-23	4.5
AZOAU 3 03/09/28	AURIZON FINANCE PTY LTD 3.0% MAR-28	0.1	Corporate - Non Financial	Australia	AUD	500,000	$473,126	AURIZON FINANCE PTY LTD	2028-03-09	3.0
WOWAU 1.85 11/15/27	WOOLWORTHS GROUP LTD 1.85% NOV-27	0.1	Corporate - Non Financial	Australia	AUD	500,000	$468,288	WOOLWORTHS GROUP LTD	2027-11-15	1.85
AGIAGN 2.1486 04/28/28	AUSTRALIAN GAS NETWORKS 2.1486% APR-28	0.1	Corporate - Non Financial	Australia	AUD	500,000	$462,922	AUSTRALIAN GAS NETWORKS	2028-04-28	2.1486
NTTC 4.5 03/21/35	NORTHERN TERRITORY TREAS 4.5% MAR-35	0.1	Local Authority	Australia	AUD	500,000	$462,266	NORTHERN TERRITORY TREAS	2035-03-21	4.5
ANVAU 2.6 07/31/29	AUSNET SERVICES HOLDINGS 2.6% JUL-29	0.1	Corporate - Non Financial	Australia	AUD	500,000	$452,945	AUSNET SERVICES HOLDINGS	2029-07-31	2.6
IFC 0.75 05/24/28	INTL FINANCE CORP 0.75% MAY-28	0.1	Supranational	Supranational	AUD	500,000	$452,000	INTL FINANCE CORP	2028-05-24	0.75
RENTEN 1.9 01/30/30	LANDWIRTSCH. RENTENBANK 1.9% JAN-30	0.1	Government Special Purpose Bank	Germany	AUD	500,000	$447,250	LANDWIRTSCH. RENTENBANK	2030-01-30	1.9
TQLAU 3.25 08/05/31	TRANSURBAN QLD FINANCE 3.25% AUG-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$439,972	TRANSURBAN QLD FINANCE	2031-08-05	3.25
APPFCF 3.6 11/11/31	APPF COMMERCIAL FINAN 3.6% NOV-31	0.1	Corporate - Financial	Australia	AUD	500,000	$436,768	APPF COMMERCIAL FINAN	2031-11-11	3.6
LLCAU 3.7 03/31/31	LENDLEASE FINANCE LTD 3.7% MAR-31	0.1	Corporate - Financial	Australia	AUD	500,000	$433,711	LENDLEASE FINANCE LTD	2031-03-31	3.7
WESAU 2.55 06/23/31	WESFARMERS LTD 2.55% JUN-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$430,931	WESFARMERS LTD	2031-06-23	2.55
CPIFFI 2.485 10/28/30	CPIF FINANCE PTY LTD 2.485% OCT-30	0.1	Corporate - Financial	Australia	AUD	500,000	$429,571	CPIF FINANCE PTY LTD	2030-10-28	2.485
AUSCAP 2.5 10/22/32	AUST CAPITAL TERRITORY 2.5% OCT-32	0.1	Local Authority	Australia	AUD	500,000	$429,240	AUST CAPITAL TERRITORY	2032-10-22	2.5
BNG 1.6 11/27/30	BNG BANK NV 1.6% NOV-30	0.1	Government Special Purpose Bank	Netherlands	AUD	500,000	$426,690	BNG BANK NV	2030-11-27	1.6
GPTAU 2.849 02/20/32	TRUSTEE FOR GENERAL PROP 2.849% FEB-32	0.1	Corporate - Financial	Australia	AUD	500,000	$421,153	GENERAL PROPERTY TRUST	2032-02-20	2.849
AU3SG0002751	SOUTH AUST GOVT FIN AUTH 4.75% MAY-38	0.0	Local Authority	Australia	AUD	400,000	$373,149	SOUTH AUST GOVT FIN AUTH	2038-05-24	4.75
SAFA 2.75 04/16/25	SOUTH AUST GOVT FIN AUTH 2.75% APR-25	0.0	Local Authority	Australia	AUD	340,000	$339,812	SOUTH AUST GOVT FIN AUTH	2025-04-16	2.75
NTTC 2.75 04/21/27	NORTHERN TERRITORY TREAS 2.75% APR-27	0.0	Local Authority	Australia	AUD	300,000	$293,244	NORTHERN TERRITORY TREAS	2027-04-21	2.75
NTTC 2 05/21/29	NORTHERN TERRITORY TREAS 2.0% MAY-29	0.0	Local Authority	Australia	AUD	300,000	$274,235	NORTHERN TERRITORY TREAS	2029-05-21	2.0
SAFA 3 07/20/26	SOUTH AUST GOVT FIN AUTH 3.0% JUL-26	0.0	Local Authority	Australia	AUD	200,000	$197,902	SOUTH AUST GOVT FIN AUTH	2026-07-20	3.0
TASCOR 3.25 01/24/28	TASMANIAN PUBLIC FINANCE 3.25% JAN-28	0.0	Local Authority	Australia	AUD	200,000	$196,500	TASMANIAN PUBLIC FINANCE	2028-01-24	3.25
RENTEN 3.25 04/12/28	LANDWIRTSCH. RENTENBANK 3.25% APR-28		Government Special Purpose Bank	Germany	AUD			LANDWIRTSCH. RENTENBANK	2028-04-12	3.25
SAFA 3 09/20/27	SOUTH AUST GOVT FIN AUTH 3.0% SEP-27		Local Authority	Australia	AUD			SOUTH AUST GOVT FIN AUTH	2027-09-20	3.0
XMM5 Comdty	AUST 10Y BOND FUT 06/16/25				AUD	158			2025-06-16
YMM5 Comdty	AUST 3YR BOND FUT 06/16/25				AUD	119
	PANORAMA AUTO TRUST 2025-1 0.0% MAR-33				AUD	750,000		Panorama Auto Trust	2033-03-15
AUD	AUD - AUSTRALIA DOLLAR	1.1			AUD	9,255,440	$9,255,440

Download CSV

keyboard_arrow_down

* As at 15 April 2025. Excludes cash

Sector allocation

Australian State Government	26.6%
Corporate - Financial	24.0%
Corporate - Non Financial	19.5%
Australian Govt	18.1%
Government Special Purpose Bank	3.5%
Supranational	2.8%
Sovereign Agency	3.1%
Foreign Local Authority	2.4%
Foreign Sovereign	0.1%

* As of 31 March 2025

Distributions

Frequency and yield

Distribution frequency	Monthly
12 mth distribution yield*	3.9%

*As at 31 March 2025. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.

You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select 'Reinvestment Plans'.

Recent distributions

Ex Date	Record Date	Payment Date	Distribution Unit ($)	Annual Distribution Return (%) (1)
1-Apr-25	2-Apr-25	16-Apr-25	$0.080108	4.07%
3-Mar-25	4-Mar-25	18-Mar-25	$0.07242	4.06%
3-Feb-25	4-Feb-25	18-Feb-25	$0.080205	4.03%
2-Jan-25	3-Jan-25	17-Jan-25	$0.082464	4.04%
2-Dec-24	3-Dec-24	17-Dec-24	$0.074473	4.12%
1-Nov-24	4-Nov-24	18-Nov-24	$0.074444	4.20%
1-Oct-24	2-Oct-24	16-Oct-24	$0.076171	4.22%
2-Sep-24	3-Sep-24	17-Sep-24	$0.078566	4.11%
1-Aug-24	2-Aug-24	16-Aug-24	$0.08467	4.08%
1-Jul-24	2-Jul-24	16-Jul-24	$0.071994	3.94%
3-Jun-24	4-Jun-24	19-Jun-24	$0.079498	3.63%
1-May-24	2-May-24	16-May-24	$0.083488	3.47%
2-Apr-24	3-Apr-24	17-Apr-24	$0.072633	3.40%
1-Mar-24	4-Mar-24	18-Mar-24	$0.074894	3.31%
1-Feb-24	2-Feb-24	16-Feb-24	$0.084908	3.19%
2-Jan-24	3-Jan-24	17-Jan-24	$0.075241	3.12%
1-Dec-23	4-Dec-23	18-Dec-23	$0.07537	2.96%
1-Nov-23	2-Nov-23	16-Nov-23	$0.07928	2.76%
2-Oct-23	3-Oct-23	17-Oct-23	$0.068803	2.68%
1-Sep-23	4-Sep-23	18-Sep-23	$0.074329	2.61%
1-Aug-23	2-Aug-23	16-Aug-23	$0.064481	2.28%
3-Jul-23	4-Jul-23	18-Jul-23	$0.014156	2.17%
1-Jun-23	2-Jun-23	19-Jun-23	$0.063092	2.24%
1-May-23	2-May-23	16-May-23	$0.047679	2.11%
3-Apr-23	4-Apr-23	20-Apr-23	$0.037313	1.97%
1-Mar-23	2-Mar-23	16-Mar-23	$0.049663	1.81%
1-Feb-23	2-Feb-23	16-Feb-23	$0.04952	1.69%
3-Jan-23	4-Jan-23	18-Jan-23	$0.073413	1.54%
1-Dec-22	2-Dec-22	16-Dec-22	$0.035392	1.39%
1-Nov-22	2-Nov-22	16-Nov-22	$0.045419	1.33%
3-Oct-22	4-Oct-22	18-Oct-22	$0.047804	1.21%
1-Sep-22	2-Sep-22	16-Sep-22	$0.015849	1.13%
1-Aug-22	2-Aug-22	16-Aug-22	$0.027942	1.22%
1-Jul-22	4-Jul-22	18-Jul-22	$0.027402	1.21%
1-Jun-22	2-Jun-22	17-Jun-22	$0.029229	1.28%
2-May-22	3-May-22	17-May-22	$0.026489	1.23%
1-Apr-22	4-Apr-22	20-Apr-22	$0.028316	1.21%
1-Mar-22	2-Mar-22	16-Mar-22	$0.025576	1.24%
1-Feb-22	2-Feb-22	16-Feb-22	$0.02832	1.21%
4-Jan-22	5-Jan-22	19-Jan-22	$0.028316	1.22%
1-Dec-21	2-Dec-21	16-Dec-21	$0.028551	1.18%
1-Nov-21	2-Nov-21	16-Nov-21	$0.027701	1.07%
1-Oct-21	4-Oct-21	18-Oct-21	$0.028656	1.00%
1-Sep-21	2-Sep-21	16-Sep-21	$0.036889	1.03%
2-Aug-21	3-Aug-21	17-Aug-21	$0.032761	1.03%
1-Jul-21	2-Jul-21	16-Jul-21	$0.047001	1.02%
1-Jun-21	2-Jun-21	17-Jun-21	$0.014779	0.98%
3-May-21	4-May-21	18-May-21	$0.012471	1.02%
1-Apr-21	6-Apr-21	20-Apr-21	$0.026337	1.05%
1-Mar-21	2-Mar-21	16-Mar-21	$0.022346	1.23%
1-Feb-21	2-Feb-21	16-Feb-21	$0.032825	1.40%
4-Jan-21	5-Jan-21	19-Jan-21	$0.018816	2.14%
1-Dec-20	2-Dec-20	16-Dec-20	$0.03536	2.54%
2-Nov-20	3-Nov-20	17-Nov-20	$0.035031	2.56%
1-Oct-20	2-Oct-20	16-Oct-20	$0.03166	2.54%
1-Sep-20	2-Sep-20	16-Sep-20	$0.040962	2.61%
3-Aug-20	4-Aug-20	18-Aug-20	$0.023395	2.65%
1-Jul-20	2-Jul-20	16-Jul-20	$0.022139	2.71%
1-Jun-20	2-Jun-20	17-Jun-20	$0.073501	2.96%
1-May-20	4-May-20	18-May-20	$0.064387	2.92%
1-Apr-20	2-Apr-20	20-Apr-20	$0.232652	2.86%
2-Mar-20	3-Mar-20	17-Mar-20	$0.035886	2.28%
3-Feb-20	4-Feb-20	18-Feb-20	$0.047475	2.33%
2-Jan-20	3-Jan-20	17-Jan-20	$0.03047	2.32%
2-Dec-19	3-Dec-19	17-Dec-19	$0.040072	2.55%
1-Nov-19	4-Nov-19	18-Nov-19	$0.035942	-
1-Oct-19	2-Oct-19	16-Oct-19	$0.057877	-
2-Sep-19	3-Sep-19	17-Sep-19	$0.039001	-
1-Aug-19	2-Aug-19	16-Aug-19	$0.039121	-
1-Jul-19	2-Jul-19	16-Jul-19	$0.080802	-
3-Jun-19	4-Jun-19	19-Jun-19	$0.054149	-
1-May-19	2-May-19	16-May-19	$0.03879	-
1-Apr-19	2-Apr-19	16-Apr-19	$0.066085	-
1-Mar-19	4-Mar-19	18-Mar-19	$0.046717	-
1-Feb-19	4-Feb-19	18-Feb-19	$0.051594	-
2-Jan-19	3-Jan-19	17-Jan-19	$0.06838	-
3-Dec-18	4-Dec-18	18-Dec-18	$0.036176	-

¹ This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance.

Announcements

ASX Announcements: BNDS

pdf

Showing page of

Payment notice information

NRWT & fund payments

Document	Date
description NRWT and Fund Payment Notice information – November 2024 Distribution keyboard_arrow_down	2024-11
description FT NRWT and Fund Payment Notice Information – October 2024 Distribution keyboard_arrow_down	2024-10
description FT NRWT and Fund Payment Notice Information – September 2024 Distribution keyboard_arrow_down	2024-09
description FT NRWT and Fund Payment Notice Information – August 2024 Distribution keyboard_arrow_down	2024-08
description FT NRWT and Fund Payment Notice Information – July 2024 Distribution keyboard_arrow_down	2024-07
description FT NRWT and Fund Payment Notice Information – June 2024 Distribution keyboard_arrow_down	2024-06
description FT NRWT and Fund Payment Notice Information – May 2024 Distribution keyboard_arrow_down	2024-05
description FT NRWT and Fund Payment Notice Information – April 2024 Distribution keyboard_arrow_down	2024-04
description FT NRWT and Fund Payment Notice information – March 2024 Distributions keyboard_arrow_down	2024-03
description FT NRWT and Fund Payment Notice Information – December 2024 Distribution keyboard_arrow_down	2024-12
description FT NRWT and Fund Payment Notice Information – January 2025 Distribution keyboard_arrow_down	2025-01
description FT NRWT and Fund Payment Notice Information – February 2025 Distribution keyboard_arrow_down	2025-02
description FT NRWT and Fund Payment Notice Information – March 2025 Distribution keyboard_arrow_down	2025-03

Resources

description Factsheet \| ASX: BNDS \| Betashares Western Asset Australian Bond Active ETF keyboard_arrow_down
description Product Disclosure Statement \| ASX: BNDS \| Betashares Western Asset Australian Bond Active ETF keyboard_arrow_down
description PDS Update – 14 April 2025 keyboard_arrow_down
description Target Market Determination \| ASX: BNDS \| Betashares Western Asset Australian Bond Active ETF keyboard_arrow_down
description Portfolio Holdings \| ASX: BNDS \| Betashares Western Asset Australian Bond Active ETF keyboard_arrow_down
description Annual Report – June 2024 \| BNDS, EMMG, EINC, RINC keyboard_arrow_down
description Interim Financial Report – December 2024 \| EINC, EMMG, RINC, BNDS keyboard_arrow_down

Quick links for your convenience

expand_more

Invest with us

Factsheet

Info pack

Funds

General results

Betashares Western Asset Australian Bond Active ETF

Overview

Fund objective

Benefits

Core fixed income solution

Attractive income paid monthly

Defensive characteristics

Invest in BNDS with Betashares Direct

Key facts

Profile

Pricing information

Trading information

Index information

Performance

Fund returns after fees (%)

Portfolio characteristics

Holdings and allocation

Portfolio holdings

Sector allocation

Distributions

Frequency and yield

Recent distributions

Announcements

ASX Announcements: BNDS

Payment notice information

NRWT & fund payments

Resources