Betashares Western Asset Australian Bond Active ETF

BNDS

Attractive income from an actively managed portfolio of Australian bonds

Factsheet

Info pack

Invest with us

Management fee and costs (p.a.) info Certain additional costs apply. Please refer to PDS.

0.42%

5 year performance (p.a.) info Past performance is not indicative of future performance. Returns are in AUD using NAV per unit at the start and end of the 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 management fee and costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the fund. Current performance may be higher or lower.

-0.33%

Yield to maturity (% p.a.) info The weighted average annualised yield receivable by the Fund based on its current holdings assuming underlying securities are held to maturity. The estimated yield for floating rate securities is subject to future changes in Bank Bill Swap Rate (BBSW).

4.97%

Modified duration (yrs) info A measure of the sensitivity of the portfolio's value to a change in interest rates. For example, a Modified Duration of 0.15 years implies that a 1% rise in the reference interest rate will reduce the value of the portfolio by 0.15%.

4.91

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

Refer to the PDS for information on interest retained by Betashares on cash balances.

Key facts

Profile

Units outstanding* (#)	36,336,647
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 22 January 2026
**Certain additional costs apply. Please refer to PDS.

Net assets*

$850,313,041

Pricing information

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

* As at 22 January 2026
NAV
NAV/Unit*	$23.40

Download NAV history

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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	-0.60%	-0.63%
3 months	-1.17%	-1.15%
6 months	-0.61%	-0.75%
1 year	3.39%	3.17%
3 year p.a.	4.30%	3.72%
5 year p.a.	-0.33%	-0.43%
10 year p.a.	-	-
Since inception p.a.	1.73%	1.61%
Inception date	7-Nov-18	-

Total Return: -

Date Range:

* As at 31 December 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	3.84
Yield to maturity (% p.a.)info	4.97
Yield to worst (% p.a.)info	4.95
Average maturity (yrs)info	5.99
Modified duration (yrs)info	4.91
Average credit ratinginfo	AA

* As at 23 January 2026

Holdings and allocation

Portfolio holdings

Top 10

All

Name	Weight (%)
AUSTRALIAN GOVERNMENT 3.5% DEC-34	2.1
AUSTRALIAN GOVERNMENT 2.75% MAY-41	1.7
AUSTRALIAN GOVERNMENT 3.75% MAY-34	1.5
NEW S WALES TREASURY CRP 1.75% MAR-34	1.4
AUSTRALIAN GOVERNMENT 1.75% NOV-32	1.4
AUD - AUSTRALIA DOLLAR	1.4
TREASURY CORP VICTORIA 2.25% NOV-34	1.4
TREASURY CORP VICTORIA 1.5% SEP-31	1.3
NEW S WALES TREASURY CRP 1.5% FEB-32	1.3
AUSTRALIAN GOVERNMENT 2.75% JUN-35	1.3

Ticker	Name	Weight (%)	Sector	Country	Currency	Notional/Face Value	Market Value (AUD)	Issuer	Maturity Date	Coupon (%)
ACGB 3.5 12/21/34	AUSTRALIAN GOVERNMENT 3.5% DEC-34	2.1	Sovereign	Australia	AUD	19,550,000	$17,869,175	AUSTRALIAN GOVERNMENT	2034-12-21	3.5
ACGB 2.75 05/21/41	AUSTRALIAN GOVERNMENT 2.75% MAY-41	1.7	Sovereign	Australia	AUD	18,560,000	$14,118,945	AUSTRALIAN GOVERNMENT	2041-05-21	2.75
ACGB 3.75 05/21/34	AUSTRALIAN GOVERNMENT 3.75% MAY-34	1.5	Sovereign	Australia	AUD	13,280,000	$12,470,070	AUSTRALIAN GOVERNMENT	2034-05-21	3.75
NSWTC 1.75 03/20/34	NEW S WALES TREASURY CRP 1.75% MAR-34	1.4	Local Authority	Australia	AUD	15,900,000	$12,321,765	NEW S WALES TREASURY CRP	2034-03-20	1.75
ACGB 1.75 11/21/32	AUSTRALIAN GOVERNMENT 1.75% NOV-32	1.4	Sovereign	Australia	AUD	14,280,000	$11,972,211	AUSTRALIAN GOVERNMENT	2032-11-21	1.75
TCV 2.25 11/20/34	TREASURY CORP VICTORIA 2.25% NOV-34	1.4	Local Authority	Australia	AUD	14,700,000	$11,552,683	TREASURY CORP VICTORIA	2034-11-20	2.25
TCV 1.5 09/10/31	TREASURY CORP VICTORIA 1.5% SEP-31	1.3	Local Authority	Australia	AUD	13,700,000	$11,465,674	TREASURY CORP VICTORIA	2031-09-10	1.5
NSWTC 1.5 02/20/32	NEW S WALES TREASURY CRP 1.5% FEB-32	1.3	Local Authority	Australia	AUD	13,400,000	$11,074,456	NEW S WALES TREASURY CRP	2032-02-20	1.5
ACGB 2.75 06/21/35	AUSTRALIAN GOVERNMENT 2.75% JUN-35	1.3	Sovereign	Australia	AUD	12,600,000	$10,714,004	AUSTRALIAN GOVERNMENT	2035-06-21	2.75
ACGB 3 03/21/47	AUSTRALIAN GOVERNMENT 3.0% MAR-47	1.2	Sovereign	Australia	AUD	14,720,000	$10,619,976	AUSTRALIAN GOVERNMENT	2047-03-21	3.0
NSWTC 4.75 02/20/35	NEW S WALES TREASURY CRP 4.75% FEB-35	1.2	Local Authority	Australia	AUD	10,600,000	$10,250,873	NEW S WALES TREASURY CRP	2035-02-20	4.75
TCV 2 09/17/35	TREASURY CORP VICTORIA 2.0% SEP-35	1.2	Local Authority	Australia	AUD	13,400,000	$9,975,578	TREASURY CORP VICTORIA	2035-09-17	2.0
TCV 1.5 11/20/30	TREASURY CORP VICTORIA 1.5% NOV-30	1.1	Local Authority	Australia	AUD	11,250,000	$9,706,753	TREASURY CORP VICTORIA	2030-11-20	1.5
TCV 2.25 09/15/33	TREASURY CORP VICTORIA 2.25% SEP-33	1.1	Local Authority	Australia	AUD	11,600,000	$9,488,836	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	$8,696,121	NEW S WALES TREASURY CRP	2031-03-20	2.0
TCV 4.25 12/20/32	TREASURY CORP VICTORIA 4.25% DEC-32	1.0	Local Authority	Australia	AUD	8,900,000	$8,527,205	TREASURY CORP VICTORIA	2032-12-20	4.25
QTC 4.5 08/22/35	QUEENSLAND TREASURY CORP 4.5% AUG-35	1.0	Local Authority	Australia	AUD	8,700,000	$8,151,409	QUEENSLAND TREASURY CORP	2035-08-22	4.5
QTC 1.75 07/20/34	QUEENSLAND TREASURY CORP 1.75% JUL-34	0.9	Local Authority	Australia	AUD	10,600,000	$8,075,083	QUEENSLAND TREASURY CORP	2034-07-20	1.75
ACGB 4.25 06/21/34	AUSTRALIAN GOVERNMENT 4.25% JUN-34	0.9	Sovereign	Australia	AUD	8,250,000	$8,028,417	AUSTRALIAN GOVERNMENT	2034-06-21	4.25
ACGB 4.5 04/21/33	AUSTRALIAN GOVERNMENT 4.5% APR-33	0.9	Sovereign	Australia	AUD	8,000,000	$7,984,870	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	$7,727,430	NEW S WALES TREASURY CRP	2033-03-08	2.0
NSWTC 2.5 11/22/32	NEW S WALES TREASURY CRP 2.5% NOV-32	0.8	Local Authority	Australia	AUD	8,000,000	$6,888,357	NEW S WALES TREASURY CRP	2032-11-22	2.5
ACGB 1.75 06/21/51	AUSTRALIAN GOVERNMENT 1.75% JUN-51	0.8	Sovereign	Australia	AUD	12,490,000	$6,384,677	AUSTRALIAN GOVERNMENT	2051-06-21	1.75
ACGB 1.25 05/21/32	AUSTRALIAN GOVERNMENT 1.25% MAY-32	0.7	Sovereign	Australia	AUD	7,000,000	$5,769,178	AUSTRALIAN GOVERNMENT	2032-05-21	1.25
ACGB 4.25 03/21/36	AUSTRALIAN GOVERNMENT 4.25% MAR-36	0.7	Sovereign	Australia	AUD	5,800,000	$5,564,047	AUSTRALIAN GOVERNMENT	2036-03-21	4.25
TCV 2.5 10/22/29	TREASURY CORP VICTORIA 2.5% OCT-29	0.6	Local Authority	Australia	AUD	5,920,000	$5,505,129	TREASURY CORP VICTORIA	2029-10-22	2.5
ACGB 3 11/21/33	AUSTRALIAN GOVERNMENT 3.0% NOV-33	0.6	Sovereign	Australia	AUD	6,000,000	$5,373,432	AUSTRALIAN GOVERNMENT	2033-11-21	3.0
ACGB 3.75 04/21/37	AUSTRALIAN GOVERNMENT 3.75% APR-37	0.6	Sovereign	Australia	AUD	5,580,000	$5,063,293	AUSTRALIAN GOVERNMENT	2037-04-21	3.75
QTC 1.5 08/20/32	QUEENSLAND TREASURY CORP 1.5% AUG-32	0.6	Local Authority	Australia	AUD	6,080,000	$4,909,404	QUEENSLAND TREASURY CORP	2032-08-20	1.5
ACGB 2.5 05/21/30	AUSTRALIAN GOVERNMENT 2.5% MAY-30	0.6	Sovereign	Australia	AUD	5,260,000	$4,897,187	AUSTRALIAN GOVERNMENT	2030-05-21	2.5
NSWTC 4.25 02/20/36	NEW S WALES TREASURY CRP 4.25% FEB-36	0.6	Local Authority	Australia	AUD	5,260,000	$4,816,229	NEW S WALES TREASURY CRP	2036-02-20	4.25
QTC 1.5 03/02/32	QUEENSLAND TREASURY CORP 1.5% MAR-32	0.6	Local Authority	Australia	AUD	5,800,000	$4,782,760	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	$4,683,684	NEW S WALES TREASURY CRP	2030-02-20	3.0
ACGB 1 12/21/30	AUSTRALIAN GOVERNMENT 1.0% DEC-30	0.5	Sovereign	Australia	AUD	5,250,000	$4,485,292	AUSTRALIAN GOVERNMENT	2030-12-21	1.0
QTC 1.75 08/21/31	QUEENSLAND TREASURY CORP 1.75% AUG-31	0.5	Local Authority	Australia	AUD	5,050,000	$4,303,721	QUEENSLAND TREASURY CORP	2031-08-21	1.75
ACGB 3.25 06/21/39	AUSTRALIAN GOVERNMENT 3.25% JUN-39	0.5	Sovereign	Australia	AUD	5,070,000	$4,239,738	AUSTRALIAN GOVERNMENT	2039-06-21	3.25
SAFA 1.75 05/24/32	SOUTH AUST GOVT FIN AUTH 1.75% MAY-32	0.5	Local Authority	Australia	AUD	5,000,000	$4,156,014	SOUTH AUST GOVT FIN AUTH	2032-05-24	1.75
ACGB 1.5 06/21/31	AUSTRALIAN GOVERNMENT 1.5% JUN-31	0.5	Sovereign	Australia	AUD	4,800,000	$4,141,305	AUSTRALIAN GOVERNMENT	2031-06-21	1.5
SAFA 1.75 05/24/34	SOUTH AUST GOVT FIN AUTH 1.75% MAY-34	0.5	Local Authority	Australia	AUD	5,300,000	$4,078,263	SOUTH AUST GOVT FIN AUTH	2034-05-24	1.75
TCV 4.75 09/15/36	TREASURY CORP VICTORIA 4.75% SEP-36	0.5	Local Authority	Australia	AUD	4,300,000	$4,053,970	TREASURY CORP VICTORIA	2036-09-15	4.75
QTC 6.5 03/14/33	QUEENSLAND TREASURY CORP 6.5% MAR-33	0.5	Local Authority	Australia	AUD	3,650,000	$3,976,676	QUEENSLAND TREASURY CORP	2033-03-14	6.5
TCV 3 10/20/28	TREASURY CORP VICTORIA 3.0% OCT-28	0.5	Local Authority	Australia	AUD	4,100,000	$3,953,561	TREASURY CORP VICTORIA	2028-10-20	3.0
QTC 5.25 07/21/36	QUEENSLAND TREASURY CORP 5.25% JUL-36	0.5	Local Authority	Australia	AUD	3,930,000	$3,869,227	QUEENSLAND TREASURY CORP	2036-07-21	5.25
NSWTC 3 04/20/29	NEW S WALES TREASURY CRP 3.0% APR-29	0.4	Local Authority	Australia	AUD	3,950,000	$3,784,133	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	$3,623,167	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	$3,549,639	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	$3,368,558	WESTERN AUST TREAS CORP	2031-10-22	1.75
ACGB 4.25 12/21/35	AUSTRALIAN GOVERNMENT 4.25% DEC-35	0.4	Sovereign	Australia	AUD	3,500,000	$3,364,476	AUSTRALIAN GOVERNMENT	2035-12-21	4.25
WATC 2 10/24/34	WESTERN AUST TREAS CORP 2.0% OCT-34	0.4	Local Authority	Australia	AUD	4,300,000	$3,356,336	WESTERN AUST TREAS CORP	2034-10-24	2.0
ACGB 4.75 06/21/54	AUSTRALIAN GOVERNMENT 4.75% JUN-54	0.4	Sovereign	Australia	AUD	3,350,000	$3,119,281	AUSTRALIAN GOVERNMENT	2054-06-21	4.75
QTC 3.25 08/21/29	QUEENSLAND TREASURY CORP 3.25% AUG-29	0.3	Local Authority	Australia	AUD	2,990,000	$2,872,073	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	$2,830,891	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	$2,823,237	NEW S WALES TREASURY CRP	2030-11-20	1.25
QTC 2.5 03/06/29	QUEENSLAND TREASURY CORP 2.5% MAR-29	0.3	Local Authority	Australia	AUD	2,700,000	$2,554,882	QUEENSLAND TREASURY CORP	2029-03-06	2.5
	CLP POWER HK FINANCING 5.1% JUL-27	0.3	Corporate - Non Financial	Hong Kong	AUD	2,500,000	$2,513,588	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	$2,512,579	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	$2,502,093	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	$2,492,952	NBN CO LTD	2027-04-14	4.2
237799	BRISBANE AIRPORT CORP PTY LTD 3.1% JUN-26	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,492,315	BRISBANE AIRPORT CORP	2026-06-30	3.1
AGIF 1.8152 11/23/28	AGI FINANCE PTY LTD 1.8152% NOV-28	0.3	Corporate - Non Financial	Australia	AUD	2,700,000	$2,476,624	AGI FINANCE PTY LTD	2028-11-23	1.8152
AGIF 2.119 06/24/27	AGI FINANCE PTY LTD 2.119% JUN-27	0.3	Corporate - Non Financial	Australia	AUD	2,500,000	$2,412,253	AGI FINANCE PTY LTD	2027-06-24	2.119
GAIF 2.584 11/18/27	GAIF BOND ISSUER P/L 2.584% NOV-27	0.3	Corporate - Financial	Australia	AUD	2,500,000	$2,407,725	GAIF BOND ISSUER P/L	2027-11-18	2.584
AUCKCN 4.85 05/17/29	AUCKLAND COUNCIL 4.85% MAY-29	0.3	Local Authority	New Zealand	AUD	2,400,000	$2,396,643	AUCKLAND COUNCIL	2029-05-17	4.85
SGPAU 2.3 03/24/28	STOCKLAND TRUST 2.3% MAR-28	0.3	Corporate - Financial	Australia	AUD	2,500,000	$2,364,752	STOCKLAND TRUST	2028-03-24	2.3
WENNEX 6.15 10/09/30	WESTCONNEX FINANCE CO PT 6.15% OCT-30	0.3	Corporate - Non Financial	Australia	AUD	2,300,000	$2,360,172	WESTCONNEX FINANCE CO PT	2030-10-09	6.15
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	$2,347,042	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	$2,323,296	ELECTRANET PTY LTD	2028-12-15	2.4737
WATC 4.75 10/24/35	WESTERN AUST TREAS CORP 4.75% OCT-35	0.3	Local Authority	Australia	AUD	2,300,000	$2,223,324	WESTERN AUST TREAS CORP	2035-10-24	4.75
AIRSER 6 11/15/32	AIRSERVICES AUSTRALIA 6.0% NOV-32	0.3	Sovereign Agency	Australia	AUD	2,100,000	$2,199,127	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	$2,148,811	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	$2,137,700	SOUTH AUST GOVT FIN AUTH	2030-05-24	2.75
220335	MACQUARIE UNIVERSITY 2.25% MAY-30	0.2	Corporate - Non Financial	Australia	AUD	2,400,000	$2,127,230	MACQUARIE UNIVERSITY	2030-05-22	2.25
276322	AIR NEW ZEALAND LTD 5.7% MAY-26	0.2	Corporate - Non Financial	New Zealand	AUD	2,100,000	$2,124,297	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	$2,093,678	GPT WHL OFFICE FD NO1	2027-02-22	4.52
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	$2,071,576	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	$2,063,140	WESTERN AUST TREAS CORP	2029-07-24	2.75
AIRSER 2.2 05/15/30	AIRSERVICES AUSTRALIA 2.2% MAY-30	0.2	Sovereign Agency	Australia	AUD	2,300,000	$2,055,791	AIRSERVICES AUSTRALIA	2030-05-15	2.2
PSPCAP 4.5 09/05/31	PSP CAPITAL INC 4.5% SEP-31	0.2	Sovereign Agency	Canada	AUD	2,100,000	$2,050,962	PSP CAPITAL INC	2031-09-05	4.5
SPKNZ 4 10/20/27	SPARK FINANCE LTD 4.0% OCT-27	0.2	Corporate - Non Financial	New Zealand	AUD	2,080,000	$2,048,509	SPARK FINANCE LTD	2027-10-20	4.0
TOYOTA 5 09/15/26	TOYOTA FINANCE AUSTRALIA LTD 5.0% SEP-26	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$2,043,310	TOYOTA FINANCE AUSTRALIA	2026-09-15	5.0
QIC 5.8 05/21/31	QIC FIN TOWN CENTRE FUND 5.8% MAY-31	0.2	Corporate - Financial	Australia	AUD	2,000,000	$2,028,371	QIC FIN TOWN CENTRE FUND	2031-05-21	5.8
QIC 5.5 05/30/29	QIC FIN TOWN CENTRE FUND 5.5% MAY-29	0.2	Corporate - Financial	Australia	AUD	2,000,000	$2,015,551	QIC FIN TOWN CENTRE FUND	2029-05-30	5.5
ANZ 4.95 09/11/28	AUST & NZ BANKING GROUP 4.95% SEP-28	0.2	Corporate - Financial	Australia	AUD	2,000,000	$2,013,297	AUST & NZ BANKING GROUP	2028-09-11	4.95
	VOLKSWAGEN FIN SERV AUST 5.65% SEP-28	0.2	Corporate - Non Financial	Germany	AUD	2,000,000	$2,012,356	VOLKSWAGEN FIN SERV AUST	2028-09-15	5.65
CEUAU 5.6 06/27/31	CONNECTEAST FINANCE PTY 5.6% JUN-31	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$2,011,887	CONNECTEAST FINANCE PTY	2031-06-27	5.6
BDC6XK7	FONTERRA CO-OPERATIVE GROUP LTD 3.75% JUN-26	0.2	Corporate - Non Financial	New Zealand	AUD	2,000,000	$2,003,500	FONTERRA COOPERATIVE GRP	2026-06-16	3.75
KFW 4.2 02/08/29	KFW 4.2% FEB-29	0.2	Government Special Purpose Bank	Germany	AUD	2,000,000	$1,986,784	KFW	2029-02-08	4.2
BJRCC05	LONSDALE FINANCE PTY LTD 2.45% NOV-26	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$1,975,410	LONSDALE FINANCE PTY LTD	2026-11-20	2.45
AUSGF 1.814 02/05/27	AUSGRID FINANCE PTY LTD 1.814% FEB-27	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$1,940,658	AUSGRID FINANCE PTY LTD	2027-02-05	1.814
MELAIR 3.763 11/25/31	AUSTRALIA PACIFIC AIRPOR 3.763% NOV-31	0.2	Corporate - Non Financial	Australia	AUD	2,100,000	$1,926,870	AUSTRALIA PACIFIC AIRPOR	2031-11-25	3.763
SGPAU 5.45 04/26/30	STOCKLAND TRUST 5.45% APR-30	0.2	Corporate - Financial	Australia	AUD	1,900,000	$1,918,798	STOCKLAND TRUST	2030-04-26	5.45
EUROF 3.35 05/21/29	EUROFIMA 3.35% MAY-29	0.2	Supranational	Supranational	AUD	2,000,000	$1,918,145	EUROFIMA	2029-05-21	3.35
GTAFIN 2.2 08/26/27	GTA FINANCE CO PTY LTD 2.2% AUG-27	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,908,134	GTA FINANCE CO PTY LTD	2027-08-26	2.2
LOFINA 2.1 10/15/27	LONSDALE FINANCE PTY LTD 2.1% OCT-27	0.2	Corporate - Non Financial	Australia	AUD	2,000,000	$1,908,130	LONSDALE FINANCE PTY LTD	2027-10-15	2.1
PCARAU 4.1 09/04/28	PACCAR FINANCIAL PTY LTD 4.1% SEP-28	0.2	Corporate - Non Financial	Australia	AUD	1,940,000	$1,906,323	PACCAR FINANCIAL PTY LTD	2028-09-04	4.1
NAB 4.6 03/18/30	NATIONAL AUSTRALIA BANK 4.6% MAR-30	0.2	Corporate - Financial	Australia	AUD	1,900,000	$1,882,217	NATIONAL AUSTRALIA BANK	2030-03-18	4.6
CNHI 4.7 06/20/28	CNH CAPITAL AUS PTY LTD 4.7% JUN-28	0.2	Corporate - Non Financial	Australia	AUD	1,900,000	$1,880,575	CNH CAPITAL AUS PTY LTD	2028-06-20	4.7
CHLWR 2.086 03/03/28	CHARTER HALL LWR LTD 2.086% MAR-28	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,876,876	CHARTER HALL LWR LTD	2028-03-03	2.086
NWG 5.899 08/23/28	NATWEST MARKETS PLC 5.899% AUG-28	0.2	Corporate - Financial	Britain	AUD	1,800,000	$1,840,729	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	$1,828,805	TASMANIAN PUBLIC FINANCE	2034-01-20	4.0
ARCIWA 6.018 05/27/31	ARC INFRASTRUCTURE WA 6.018% MAY-31	0.2	Corporate - Non Financial	Australia	AUD	1,800,000	$1,818,550	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	$1,817,095	DEXUS FINANCE PTY LTD	2029-10-17	2.5
	RABOBANK UA/AU 5.09% JUL-29	0.2	Corporate - Financial	Netherlands	AUD	1,800,000	$1,815,040	RABOBANK UA/AU	2029-07-17	5.09
KOMMUN 2.9 11/27/26	KOMMUNEKREDIT 2.9% NOV-26	0.2	Local Authority	Denmark	AUD	1,792,000	$1,778,040	KOMMUNEKREDIT	2026-11-27	2.9
BNG 3.3 04/26/29	BNG BANK NV 3.3% APR-29	0.2	Government Special Purpose Bank	Netherlands	AUD	1,850,000	$1,775,369	BNG BANK NV	2029-04-26	3.3
LLITST 2.85 06/28/30	LLITST FINANCE PTY LTD 2.85% JUN-30	0.2	Corporate - Financial	Australia	AUD	2,000,000	$1,772,771	LLITST FINANCE PTY LTD	2030-06-28	2.85
MGRAU 2.6 09/18/29	MIRVAC GROUP FINANCE LTD 2.6% SEP-29	0.2	Corporate - Financial	Australia	AUD	1,900,000	$1,738,484	MIRVAC GROUP FINANCE LTD	2029-09-18	2.6
	MITSUBISHI HC CAPITAL UK PLC 5.805% DEC-26	0.2	Corporate - Financial	Japan	AUD	1,700,000	$1,728,679	MITSUBISHI HC CAP UK PLC	2026-12-07	5.805
CBAAU 2.4 01/14/27	COMMONWEALTH BANK AUST 2.4% JAN-27	0.2	Corporate - Financial	Australia	AUD	1,750,000	$1,715,560	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	$1,648,268	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	$1,612,767	TOYOTA FINANCE AUSTRALIA	2030-01-22	5.2
QTC 3.25 07/21/28	QUEENSLAND TREASURY CORP 3.25% JUL-28	0.2	Local Authority	Australia	AUD	1,650,000	$1,608,863	QUEENSLAND TREASURY CORP	2028-07-21	3.25
VPNF 5.057 03/14/29	VICTORIA POWER NETWORKS 5.057% MAR-29	0.2	Corporate - Non Financial	Australia	AUD	1,600,000	$1,602,543	VICTORIA POWER NETWORKS	2029-03-14	5.057
LLOYDS 5.189 05/28/31	LLOYDS BANKING GROUP PLC 5.189% MAY-31	0.2	Corporate - Financial	Britain	AUD	1,600,000	$1,591,431	LLOYDS BANKING GROUP PLC	2031-05-28	5.189
CM 4.0108 07/24/28	CIBC SYDNEY 4.0108% JUL-28	0.2	Corporate - Financial	Canada	AUD	1,600,000	$1,575,660	CIBC SYDNEY	2028-07-24	4.0108
NZLGFA 5 03/08/34	NZ LOCAL GOVT FUND AGENC 5.0% MAR-34	0.2	Local Authority	New Zealand	AUD	1,600,000	$1,574,304	NZ LOCAL GOVT FUND AGENC	2034-03-08	5.0
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	$1,543,692	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	$1,535,338	SWEDISH EXPORT CREDIT	2030-11-01	5.4
RY 5.7 10/04/28	ROYAL BK CANADA TORONTO 5.7% OCT-28	0.2	Corporate - Financial	Canada	AUD	1,500,000	$1,528,800	ROYAL BK CANADA TORONTO	2028-10-04	5.7
TRGRID 5.77 05/29/30	NSW ELECTRICITY NETWORKS 5.77% MAY-30	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,528,353	NSW ELECTRICITY NETWORKS	2030-05-29	5.77
AUHPTR 6.781 11/08/29	AUSTRALIAN UNITY HEALTHC 6.781% NOV-29	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,528,346	AUSTRALIAN UNITY HEALTHC	2029-11-08	6.781
AIRSER 5.4 11/15/28	AIRSERVICES AUSTRALIA 5.4% NOV-28	0.2	Sovereign Agency	Australia	AUD	1,500,000	$1,527,854	AIRSERVICES AUSTRALIA	2028-11-15	5.4
UOBSP 4.642 03/16/26	UNITED OVERSEAS BANK LTD/SYDNEY 4.642% MAR-26	0.2	Corporate - Financial	Singapore	AUD	1,500,000	$1,526,018	UNITED OVERSEAS BANK/SYD	2026-03-16	4.642
ANZ 5.35 11/04/27	AUST & NZ BANKING GROUP 5.35% NOV-27	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,521,326	AUST & NZ BANKING GROUP	2027-11-04	5.35
WORAU 5.95 10/13/28	WORLEY FIN SERV PTY LTD 5.95% OCT-28	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,519,945	WORLEY FIN SERV PTY LTD	2028-10-13	5.95
BD064L7	TRUSTEE FOR GENERAL PROPERTY TRUST/THE 3.657% AUG-26	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,516,245	GENERAL PROPERTY TRUST	2026-08-24	3.657
207712	CONNECTEAST FINANCE PTY LTD 3.4% MAR-26	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,514,565	CONNECTEAST FINANCE PTY	2026-03-25	3.4
ENBW 5.302 10/30/29	ENBW INTL FINANCE BV 5.302% OCT-29	0.2	Corporate - Non Financial	Germany	AUD	1,500,000	$1,511,945	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	$1,511,467	TRANSPOWER NEW ZEALAND	2028-11-29	4.977
CNHI 5.8 07/13/26	CNH INDUSTRIAL CAPITAL AUSTRALIA PTY LTD 5.8% JUL-26	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,511,028	CNH CAPITAL AUS PTY LTD	2026-07-13	5.8
EIBKOR 5.1 06/26/26	EXPORT-IMPORT BANK OF KOREA 5.1% JUN-26	0.2	Government Special Purpose Bank	South Korea	AUD	1,500,000	$1,510,883	EXPORT-IMPORT BANK KOREA	2026-06-26	5.1
	ETSA UTILITIES FINANCE 5.1082% JUN-27	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,509,617	ETSA UTILITIES FINANCE	2027-06-03	5.1082
BK8V5W1	DOWNER GROUP FINANCE PTY LTD 3.7% APR-26	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,509,432	DOWNER GROUP FINANCE PTY	2026-04-29	3.7
NEDWBK 3.15 09/02/26		0.2	Government Special Purpose Bank	Netherlands	AUD	1,500,000	$1,509,113	NEDER WATERSCHAPSBANK
BNG2VW9	SVENSKA HANDELSBANKEN AB 5.0% MAR-28	0.2	Corporate - Financial	Sweden	AUD	1,500,000	$1,508,508	SVENSKA HANDELSBANKEN AB	2028-03-02	5.0
REGFIN 5.472 12/19/31	REGISTRY FINANCE PTY LTD 5.472% DEC-31	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,508,157	REGISTRY FINANCE PTY LTD	2031-12-19	5.472
CPPIBC 4.45 09/01/27	CPPIB CAPITAL INC 4.45% SEP-27	0.2	Sovereign Agency	Canada	AUD	1,500,000	$1,507,371	CPPIB CAPITAL INC	2027-09-01	4.45
	EXPORT-IMPORT BANK KOREA 4.8% MAY-27	0.2	Government Special Purpose Bank	South Korea	AUD	1,500,000	$1,505,589	EXPORT-IMPORT BANK KOREA	2027-05-20	4.8
SHINCA 5.05 10/22/27	SHINHAN CARD CO LTD 5.05% OCT-27	0.2	Corporate - Financial	South Korea	AUD	1,500,000	$1,505,192	SHINHAN CARD CO LTD	2027-10-22	5.05
EDC 4.5 09/06/28	EXPORT DEVELOPMNT CANADA 4.5% SEP-28	0.2	Government Special Purpose Bank	Canada	AUD	1,500,000	$1,502,918	EXPORT DEVELOPMNT CANADA	2028-09-06	4.5
KFW 4.3 07/13/27	KFW 4.3% JUL-27	0.2	Government Special Purpose Bank	Germany	AUD	1,500,000	$1,501,496	KFW	2027-07-13	4.3
VCXAU 4.927 06/02/28	VICINITY CENTRES TRUST 4.927% JUN-28	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,501,410	VICINITY CENTRES TRUST	2028-06-02	4.927
	AFG 2025-1 TRUST 0.0% JUL-57	0.2			AUD	1,500,000	$1,501,241	AFG	2057-07-10
	ING BANK (AUSTRALIA) LTD 4.554% AUG-27	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,498,666	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	$1,497,805	COMMONWEALTH BANK AUST	2027-08-18	4.4
BPCEGP 5.077 10/23/29	BPCE SA 5.077% OCT-29	0.2	Corporate - Financial	France	AUD	1,500,000	$1,497,499	BPCE SA	2029-10-23	5.077
AIANZ 4.5 09/23/27	AUCKLAND INTL AIRPORT 4.5% SEP-27	0.2	Corporate - Non Financial	New Zealand	AUD	1,500,000	$1,496,226	AUCKLAND INTL AIRPORT	2027-09-23	4.5
ANZ 4.5 03/31/28	AUST & NZ BANKING GROUP 4.5% MAR-28	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,496,144	AUST & NZ BANKING GROUP	2028-03-31	4.5
BNP 5.83 08/23/29	BNP PARIBAS 5.83% AUG-34	0.2	Corporate - Financial	France	AUD	1,500,000	$1,496,070	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	$1,486,804	OMERS FINANCE TRUST	2029-10-16	4.5
PSPCAP 5.25 02/27/35	PSP CAPITAL INC 5.25% FEB-35	0.2	Sovereign Agency	Canada	AUD	1,500,000	$1,485,887	PSP CAPITAL INC	2035-02-27	5.25
AGIAGN 5.533 10/04/33	AUSTRALIAN GAS NETWORKS 5.533% OCT-33	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,484,766	AUSTRALIAN GAS NETWORKS	2033-10-04	5.533
KIWI 4.25 10/27/27	KIWIBANK LTD 4.25% OCT-27	0.2	Corporate - Financial	New Zealand	AUD	1,500,000	$1,483,601	KIWIBANK LTD	2027-10-27	4.25
FCGNZ 4 11/02/27	FONTERRA COOPERATIVE GRP 4.0% NOV-27	0.2	Corporate - Non Financial	New Zealand	AUD	1,500,000	$1,480,643	FONTERRA COOPERATIVE GRP	2027-11-02	4.0
UTSYDN 3.75 07/20/27	UNI OF TECHNOLOGY/SYDNEY 3.75% JUL-27	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,480,164	UNI OF TECHNOLOGY/SYDNEY	2027-07-20	3.75
NEDWBK 3.5 07/20/27	NEDER WATERSCHAPSBANK 3.5% JUL-27	0.2	Government Special Purpose Bank	Netherlands	AUD	1,500,000	$1,480,101	NEDER WATERSCHAPSBANK	2027-07-20	3.5
NAB 5.0842 11/14/35	NATIONAL AUSTRALIA BANK 5.0842% NOV-35	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,471,203	NATIONAL AUSTRALIA BANK	2035-11-14	5.0842
SUNAU 2.5 01/25/27	NORFINA LTD 2.5% JAN-27	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,470,311	SUNCORP-METWAY LTD	2027-01-25	2.5
AFDB 1.1 12/16/26	AFRICAN DEVELOPMENT BANK 1.1% DEC-26	0.2	Supranational	Supranational	AUD	1,500,000	$1,461,458	AFRICAN DEVELOPMENT BANK	2026-12-16	1.1
NEDWBK 3.45 07/17/28	NEDER WATERSCHAPSBANK 3.45% JUL-28	0.2	Government Special Purpose Bank	Netherlands	AUD	1,500,000	$1,460,763	NEDER WATERSCHAPSBANK	2028-07-17	3.45
LBANK 3.45 04/11/28	L-BANK BW FOERDERBANK 3.45% APR-28	0.2	Local Authority	Germany	AUD	1,500,000	$1,458,276	L-BANK BW FOERDERBANK	2028-04-11	3.45
QTC 2 08/22/33	QUEENSLAND TREASURY CORP 2.0% AUG-33	0.2	Local Authority	Australia	AUD	1,800,000	$1,450,367	QUEENSLAND TREASURY CORP	2033-08-22	2.0
IFC 3.15 06/26/29	INTL FINANCE CORP 3.15% JUN-29	0.2	Supranational	Supranational	AUD	1,500,000	$1,436,260	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	$1,417,415	NEW YORK LIFE GLOBAL FDG	2028-09-19	5.35
BMO 5.338 06/27/29	BANK OF MONTREAL 5.338% JUN-29	0.2	Corporate - Financial	Canada	AUD	1,400,000	$1,409,527	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	$1,405,549	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	$1,403,246	TORONTO-DOMINION BANK	2029-07-23	5.248
WESAU 1.941 06/23/28	WESFARMERS LTD 1.941% JUN-28	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,399,851	WESFARMERS LTD	2028-06-23	1.941
SGPAU 5.42 03/25/32	STOCKLAND TRUST 5.42% MAR-32	0.2	Corporate - Financial	Australia	AUD	1,400,000	$1,396,566	STOCKLAND TRUST	2032-03-25	5.42
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	$1,391,863	BP CAPITAL MARKETS PLC	2029-08-28	4.751
ENBW 5.197 11/26/31	ENBW INTL FINANCE BV 5.197% NOV-31	0.2	Corporate - Non Financial	Germany	AUD	1,400,000	$1,378,176	ENBW INTL FINANCE BV	2031-11-26	5.197
GAIF 1.9 12/14/28	GAIF BOND ISSUER P/L 1.9% DEC-28	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,376,925	GAIF BOND ISSUER P/L	2028-12-14	1.9
IADB 1 08/04/28	INTER-AMERICAN DEVEL BK 1.0% AUG-28	0.2	Supranational	Supranational	AUD	1,500,000	$1,376,736	INTER-AMERICAN DEVEL BK	2028-08-04	1.0
AUSCAP 5.25 10/24/33	AUST CAPITAL TERRITORY 5.25% OCT-33	0.2	Local Authority	Australia	AUD	1,350,000	$1,354,399	AUST CAPITAL TERRITORY	2033-10-24	5.25
SPKNZ 2.6 03/18/30	SPARK FINANCE LTD 2.6% MAR-30	0.2	Corporate - Non Financial	New Zealand	AUD	1,500,000	$1,354,203	SPARK FINANCE LTD	2030-03-18	2.6
CHLWR 2.656 12/17/29	CHARTER HALL LWR LTD 2.656% DEC-29	0.2	Corporate - Financial	Australia	AUD	1,500,000	$1,349,564	CHARTER HALL LWR LTD	2029-12-17	2.656
BNS 5.23 03/21/31	BANK OF NOVA SCOTIA 5.23% MAR-31	0.2	Corporate - Financial	Canada	AUD	1,350,000	$1,342,936	BANK OF NOVA SCOTIA	2031-03-21	5.23
AGIF 6.109 06/28/30	AGI FINANCE PTY LTD 6.109% JUN-30	0.2	Corporate - Non Financial	Australia	AUD	1,300,000	$1,341,868	AGI FINANCE PTY LTD	2030-06-28	6.109
SANTAN 5.796 01/23/29	BANCO SANTANDER SA 5.796% JAN-29	0.2	Corporate - Financial	Spain	AUD	1,300,000	$1,324,412	BANCO SANTANDER SA	2029-01-23	5.796
NBNAUS 2.2 12/16/30	NBN CO LTD 2.2% DEC-30	0.2	Corporate - Non Financial	Australia	AUD	1,500,000	$1,316,927	NBN CO LTD	2030-12-16	2.2
SUNCBK Float 09/27/29	NORFINA LTD 0.0% SEP-29	0.2	Corporate - Financial	Australia	AUD	1,300,000	$1,313,345	NORFINA LTD	2029-09-27
BENAU 4.958 11/28/29	BENDIGO AND ADELAIDE BK 4.958% NOV-29	0.2	Corporate - Financial	Australia	AUD	1,300,000	$1,302,359	BENDIGO AND ADELAIDE BK	2029-11-28	4.958
AUSCAP 4.75 10/23/30	AUST CAPITAL TERRITORY 4.75% OCT-30	0.2	Local Authority	Australia	AUD	1,300,000	$1,301,497	AUST CAPITAL TERRITORY	2030-10-23	4.75
NSWTC 3 03/20/28	NEW S WALES TREASURY CRP 3.0% MAR-28	0.1	Local Authority	Australia	AUD	1,300,000	$1,265,803	NEW S WALES TREASURY CRP	2028-03-20	3.0
BKLBRX3	UNITED ENERGY DISTRIBUTION PTY LTD 2.2% OCT-26	0.1	Corporate - Non Financial	Australia	AUD	1,280,000	$1,265,779	UNITED ENERGY DISTRIBUTI	2026-10-29	2.2
AUSCAP 1.75 10/23/31	AUST CAPITAL TERRITORY 1.75% OCT-31	0.1	Local Authority	Australia	AUD	1,500,000	$1,264,730	AUST CAPITAL TERRITORY	2031-10-23	1.75
302330	MIZUHO FINANCIAL GROUP INC 0.0% AUG-29	0.1	Corporate - Financial	Japan	AUD	1,200,000	$1,260,499	MIZUHO FINANCIAL GROUP	2029-08-28
SHBASS 4.3 09/02/30	SVENSKA HANDELSBANKEN AB 4.3% SEP-30	0.1	Corporate - Financial	Sweden	AUD	1,300,000	$1,259,748	SVENSKA HANDELSBANKEN AB	2030-09-02	4.3
CBAAU 5 01/13/28	COMMONWEALTH BANK AUST 5.0% JAN-28	0.1	Corporate - Financial	Australia	AUD	1,250,000	$1,259,171	COMMONWEALTH BANK AUST	2028-01-13	5.0
VCXAU 6.19 04/24/34	VICINITY CENTRES TRUST 6.19% APR-34	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,238,822	VICINITY CENTRES TRUST	2034-04-24	6.19
303102	MACQUARIE BANK LTD 4.946% SEP-26	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,226,184	MACQUARIE BANK LTD	2026-09-14	4.946
SANTAN 5.678 03/09/28	BANCO SANTANDER SA 5.678% MAR-28	0.1	Corporate - Financial	Spain	AUD	1,200,000	$1,216,688	BANCO SANTANDER SA	2028-03-09	5.678
WSTP 5.3 11/11/27	WESTPAC BANKING CORP 5.3% NOV-27	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,215,991	WESTPAC BANKING CORP	2027-11-11	5.3
ORIX 5.277 03/04/27	ORIX AUSTRALIA CORP LTD 5.277% MAR-27	0.1	Corporate - Financial	Japan	AUD	1,200,000	$1,206,018	ORIX AUSTRALIA CORP LTD	2027-03-04	5.277
NAB 4.85 03/22/29	NATIONAL AUSTRALIA BANK 4.85% MAR-29	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,203,433	NATIONAL AUSTRALIA BANK	2029-03-22	4.85
CENNZ 5.414 12/03/31	CONTACT ENERGY LTD 5.414% DEC-31	0.1	Corporate - Non Financial	New Zealand	AUD	1,200,000	$1,191,252	CONTACT ENERGY LTD	2031-12-03	5.414
TOYOTA 4.65 09/17/29	TOYOTA FINANCE AUSTRALIA 4.65% SEP-29	0.1	Corporate - Non Financial	Australia	AUD	1,200,000	$1,190,498	TOYOTA FINANCE AUSTRALIA	2029-09-17	4.65
CBAAU 5.252 09/12/35	COMMONWEALTH BANK AUST 5.252% SEP-35	0.1	Corporate - Financial	Australia	AUD	1,200,000	$1,187,924	COMMONWEALTH BANK AUST	2035-09-12	5.252
ACAFP 4.567 08/26/30	CREDIT AGRICOLE SA 4.567% AUG-30	0.1	Corporate - Financial	France	AUD	1,200,000	$1,168,980	CREDIT AGRICOLE SA	2030-08-26	4.567
BMGMLL1	LIBERTY FINANCIAL PTY LTD 0.0% MAR-28	0.1	Corporate - Financial	Australia	AUD	1,100,000	$1,163,195	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	$1,150,608	WESTERN AUST TREAS CORP	2033-07-20	4.25
CENNZ 6.398 11/21/30	CONTACT ENERGY LTD 6.398% NOV-30	0.1	Corporate - Non Financial	New Zealand	AUD	1,100,000	$1,144,011	CONTACT ENERGY LTD	2030-11-21	6.398
MCYNZ 2.918 11/17/28	MERCURY NZ LTD 2.918% NOV-28	0.1	Corporate - Non Financial	New Zealand	AUD	1,190,000	$1,123,880	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	$1,109,880	BENDIGO AND ADELAIDE BK	2028-06-16	5.1
RABOBK 5.051 02/26/29	RABOBANK UA/AU 5.051% FEB-29	0.1	Corporate - Financial	Netherlands	AUD	1,100,000	$1,107,915	RABOBANK UA/AU	2029-02-26	5.051
MELAIR 5.598 11/01/32	AUSTRALIA PACIFIC AIRPOR 5.598% NOV-32	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,106,249	AUSTRALIA PACIFIC AIRPOR	2032-11-01	5.598
LATROU 5.311 08/08/30	LA TROBE UNIVERSITY 5.311% AUG-30	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,105,305	LA TROBE UNIVERSITY	2030-08-08	5.311
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	$1,104,119	JOHN DEERE FINANCIAL LTD	2029-06-28	5.05
CGJAU 5.546 10/07/32	COLES GROUP TREASURY 5.546% OCT-32	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,101,713	COLES GROUP TREASURY	2032-10-07	5.546
UELAU 5.417 02/03/32	UNITED ENERGY DISTRIBUTI 5.417% FEB-32	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,099,844	UNITED ENERGY DISTRIBUTI	2032-02-03	5.417
QUBETR 5.6 12/11/31	QUBE TREASURY PTY LTD 5.6% DEC-31	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,097,648	QUBE TREASURY PTY LTD	2031-12-11	5.6
NESNVX 4.6 04/04/29	NESTLE CAPITAL CORP 4.6% APR-29	0.1	Corporate - Non Financial	United States	AUD	1,100,000	$1,097,354	NESTLE CAPITAL CORP	2029-04-04	4.6
TPNZ 4.995 03/12/32	TRANSPOWER NEW ZEALAND 4.995% MAR-32	0.1	Corporate - Non Financial	New Zealand	AUD	1,100,000	$1,092,080	TRANSPOWER NEW ZEALAND	2032-03-12	4.995
ANVAU 4.2 08/21/28	AUSNET SERVICES HOLDINGS 4.2% AUG-28	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,081,123	AUSNET SERVICES HOLDINGS	2028-08-21	4.2
SUNCBK 4 07/28/28	NORFINA LTD 4.0% JUL-28	0.1	Corporate - Financial	Australia	AUD	1,100,000	$1,080,444	NORFINA LTD	2028-07-28	4.0
ORGAU 5.35 09/26/31	ORIGIN ENERGY FINANCE 5.35% SEP-31	0.1	Corporate - Non Financial	Australia	AUD	1,100,000	$1,079,141	ORIGIN ENERGY FINANCE	2031-09-26	5.35
EOANGR 5.461 10/21/35	E.ON SE 5.461% OCT-35	0.1	Corporate - Non Financial	Germany	AUD	1,100,000	$1,066,318	E.ON SE	2035-10-21	5.461
RENTEN 3.2 05/25/29	LANDWIRTSCH. RENTENBANK 3.2% MAY-29	0.1	Government Special Purpose Bank	Germany	AUD	1,100,000	$1,055,438	LANDWIRTSCH. RENTENBANK	2029-05-25	3.2
AIANZ 6.482 11/16/33	AUCKLAND INTL AIRPORT 6.482% NOV-33	0.1	Corporate - Non Financial	New Zealand	AUD	1,000,000	$1,046,188	AUCKLAND INTL AIRPORT	2033-11-16	6.482
TQLAU 6.35 05/02/30	TRANSURBAN QLD FINANCE 6.35% MAY-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,036,676	TRANSURBAN QLD FINANCE	2030-05-02	6.35
BAC 5.815 10/30/28	BANK OF AMERICA NA AUSTR 5.815% OCT-28	0.1	Corporate - Financial	United States	AUD	1,000,000	$1,028,036	BANK OF AMERICA NA AUSTR	2028-10-30	5.815
CGJAU 5.8 07/15/31	COLES GROUP TREASURY 5.8% JUL-31	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,025,191	COLES GROUP TREASURY	2031-07-15	5.8
RABOBK 5.708 11/21/28	RABOBANK UA/AU 5.708% NOV-28	0.1	Corporate - Financial	Netherlands	AUD	1,000,000	$1,024,607	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	$1,023,955	CHORUS LTD	2030-09-18	5.974
	BANCO SANTANDER SA 0.0% JUL-34	0.1	Corporate - Financial	Spain	AUD	1,000,000	$1,023,774	BANCO SANTANDER SA	2034-07-17
BAC 5.497 10/30/26	BANK OF AMERICA NA/AUSTRALIA 5.497% OCT-26	0.1	Corporate - Financial	United States	AUD	1,000,000	$1,021,185	BANK OF AMERICA NA AUSTR	2026-10-30	5.497
DBSSP 4.678 02/24/26	DBS BANK LTD/AUSTRALIA 4.678% FEB-26	0.1	Corporate - Financial	Singapore	AUD	1,000,000	$1,019,825	DBS BANK LTD/AUSTRALIA	2026-02-24	4.678
NAB Float 05/12/28	NATIONAL AUSTRALIA BANK LTD 0.0% MAY-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,019,135	NATIONAL AUSTRALIA BANK	2028-05-12
292300	LLOYDS BANKING GROUP PLC 0.0% MAR-29	0.1	Corporate - Financial	Britain	AUD	1,000,000	$1,014,956	LLOYDS BANKING GROUP PLC	2029-03-17
SUNAU 5.2 07/12/28	NORFINA LTD 5.2% JUL-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,012,653	SUNCORP-METWAY LTD	2028-07-12	5.2
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	$1,012,114	MET LIFE GLOB FUNDING I	2029-07-11	5.4
ARTAUS 5.598 06/12/31	AUSTRALIAN RAIL TRACK 5.598% JUN-31	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,012,104	AUSTRALIAN RAIL TRACK	2031-06-12	5.598
AUSEMO 5.354 12/06/28	AUSTRALIAN ENERGY MARKET 5.354% DEC-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,011,248	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	$1,011,096	BRISBANE AIRPORT CORP	2034-03-08	5.9
TOYOTA 5.2 09/15/28	TOYOTA FINANCE AUSTRALIA 5.2% SEP-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,010,018	TOYOTA FINANCE AUSTRALIA	2028-09-15	5.2
TPNZ 5.233 06/30/30	TRANSPOWER NEW ZEALAND 5.233% JUN-30	0.1	Corporate - Non Financial	New Zealand	AUD	1,000,000	$1,009,135	TRANSPOWER NEW ZEALAND	2030-06-30	5.233
NWIDE 5.35 03/15/28	NATIONWIDE BLDG SOCIETY 5.35% MAR-28	0.1	Corporate - Financial	Britain	AUD	1,000,000	$1,008,369	NATIONWIDE BLDG SOCIETY	2028-03-15	5.35
SUNCBK 3.25 08/24/26	NORFINA LTD 3.25% AUG-26	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,007,865	SUNCORP-METWAY LTD	2026-08-24	3.25
NAB 4.95 05/10/27	NATIONAL AUSTRALIA BANK 4.95% MAY-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$1,006,316	NATIONAL AUSTRALIA BANK	2027-05-10	4.95
TD 4.95 09/15/28	TORONTO-DOMINION BANK 4.95% SEP-28	0.1	Corporate - Financial	Canada	AUD	1,000,000	$1,006,255	TORONTO-DOMINION BANK	2028-09-15	4.95
BPG2YV3	AUSTRALIAN POSTAL CORP 4.9921% DEC-27	0.1	Sovereign Agency	Australia	AUD	1,000,000	$1,005,030	AUSTRALIAN POSTAL CORP	2027-12-08	4.9921
BD0CNT6	PROVINCE OF MANITOBA CANADA 3.75% JUN-26	0.1	Local Authority	Canada	AUD	1,000,000	$1,002,980	MANITOBA (PROVINCE OF)	2026-06-09	3.75
BF1ZKD1	WELLS FARGO & CO 4.0% APR-27	0.1	Corporate - Financial	United States	AUD	1,000,000	$1,002,665	WELLS FARGO & COMPANY	2027-04-27	4.0
VW 5.3 02/09/27	VOLKSWAGEN FIN SERV AUST 5.3% FEB-27	0.1	Corporate - Non Financial	Germany	AUD	1,000,000	$1,002,070	VOLKSWAGEN FIN SERV AUST	2027-02-09	5.3
BMH2BT8	BANK OF NOVA SCOTIA/THE 0.0% JAN-27	0.1	Corporate - Financial	Canada	AUD	1,000,000	$1,001,845	BANK OF NOVA SCOTIA	2027-01-20
294491	CANADIAN IMPERIAL BANK OF COMMERCE/SYDNEY 0.0% APR-26	0.1	Corporate - Financial	Canada	AUD	1,000,000	$1,001,460	CIBC SYDNEY	2026-04-21
251036	VOLKSWAGEN FINANCIAL SERVICES AUSTRALIA PTY LTD 2.0% APR-26	0.1	Corporate - Non Financial	Germany	AUD	1,000,000	$1,000,309	VOLKSWAGEN FIN SERV AUST	2026-04-08	2.0
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	$1,000,210	NZ LOCAL GOVT FUND AGENC	2027-09-08	4.4
	WSO FINANCE PTY LTD 4.5% MAR-27	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$1,000,104	WSO FINANCE PTY LTD	2027-03-31	4.5
RY 4.5 07/13/27	ROYAL BANK OF CANADA/SYD 4.5% JUL-27	0.1	Corporate - Financial	Canada	AUD	1,000,000	$999,937	ROYAL BANK OF CANADA/SYD	2027-07-13	4.5
KFW 4.4 07/12/29	KFW 4.4% JUL-29	0.1	Government Special Purpose Bank	Germany	AUD	1,000,000	$998,358	KFW	2029-07-12	4.4
CPPIBC 4.4 01/15/29	CPPIB CAPITAL INC 4.4% JAN-29	0.1	Sovereign Agency	Canada	AUD	1,000,000	$997,692	CPPIB CAPITAL INC	2029-01-15	4.4
IBRD 4.3 01/10/29	INTL BK RECON & DEVELOP 4.3% JAN-29	0.1	Supranational	Supranational	AUD	1,000,000	$997,023	INTL BK RECON & DEVELOP	2029-01-10	4.3
BDFZQ57	WSO FINANCE PTY LTD 4.5% SEP-27	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$996,789	WSO FINANCE PTY LTD	2027-09-30	4.5
WSTP 5.351 02/12/35	WESTPAC BANKING CORP 5.351% FEB-35	0.1	Corporate - Financial	Australia	AUD	1,000,000	$996,559	WESTPAC BANKING CORP	2035-02-12	5.351
BYPDPN9	DEXUS FINANCE PTY LTD 4.25% MAY-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$993,344	DEXUS FINANCE PTY LTD	2027-05-11	4.25
296652	SWEDISH EXPORT CREDIT 4.3% MAY-28	0.1	Government Special Purpose Bank	Sweden	AUD	1,000,000	$992,777	SWEDISH EXPORT CREDIT	2028-05-30	4.3
296092	AUSTRALIAN POSTAL CORP 4.7637% MAY-29	0.1	Sovereign Agency	Australia	AUD	1,000,000	$991,023	AUSTRALIAN POSTAL CORP	2029-05-22	4.7637
BACR 5.189 06/18/31	BARCLAYS PLC 5.189% JUN-31	0.1	Corporate - Financial	Britain	AUD	1,000,000	$990,188	BARCLAYS PLC	2031-06-18	5.189
MCYNZ 5.247 03/21/31	MERCURY NZ LTD 5.247% MAR-31	0.1	Corporate - Non Financial	New Zealand	AUD	1,000,000	$990,037	MERCURY NZ LTD	2031-03-21	5.247
NESNVX 4.55 03/13/30	NESTLE CAPITAL CORP 4.55% MAR-30	0.1	Corporate - Non Financial	United States	AUD	1,000,000	$989,721	NESTLE CAPITAL CORP	2030-03-13	4.55
BKLGM88	NETWORK FINANCE CO PTY LTD 2.25% NOV-26	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$989,375	NETWORK FINANCE CO PTY L	2026-11-11	2.25
TLSAU 4.75 09/06/30	TELSTRA GROUP LTD 4.75% SEP-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$988,902	TELSTRA GROUP LTD	2030-09-06	4.75
VPNF 4 08/18/27	VICTORIA POWER NETWORKS 4.0% AUG-27	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$988,677	VICTORIA POWER NETWORKS	2027-08-18	4.0
LLOYDS 4.25 11/22/27	LLOYDS BANKING GROUP PLC 4.25% NOV-27	0.1	Corporate - Financial	Britain	AUD	1,000,000	$987,636	LLOYDS BANKING GROUP PLC	2027-11-22	4.25
BDRNWV7	GPT WHOLESALE SHOP CENTR 4.49% FEB-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$987,368	GPT WHOLESALE SHOP CENTR	2028-02-28	4.49
MP 3.6 08/17/27	MANITOBA (PROVINCE OF) 3.6% AUG-27	0.1	Local Authority	Canada	AUD	1,000,000	$986,478	MANITOBA (PROVINCE OF)	2027-08-17	3.6
IADB 3.85 01/24/29	INTER-AMERICAN DEVEL BK 3.85% JAN-29	0.1	Supranational	Supranational	AUD	1,000,000	$983,616	INTER-AMERICAN DEVEL BK	2029-01-24	3.85
BDGKLM3	NORDIC INVESTMENT BANK 3.3% AUG-27	0.1	Supranational	Supranational	AUD	1,000,000	$983,585	NORDIC INVESTMENT BANK	2027-08-16	3.3
BFCM 4.9912 01/06/31	BANQUE FED CRED MUTUEL 4.9912% JAN-31	0.1	Corporate - Financial	France	AUD	1,000,000	$980,082	BANQUE FED CRED MUTUEL	2031-01-06	4.9912
NTTC 5.5 03/21/36	NORTHERN TERRITORY TREAS 5.5% MAR-36	0.1	Local Authority	Australia	AUD	1,000,000	$978,539	NORTHERN TERRITORY TREAS	2036-03-21	5.5
KBN 1.9 01/19/27	KOMMUNALBANKEN AS 1.9% JAN-27	0.1	Sovereign Agency	Norway	AUD	1,000,000	$975,720	KOMMUNALBANKEN AS	2027-01-19	1.9
IDAWBG 4 08/29/30	INTL DEVELOPMENT ASSOC 4.7% AUG-30	0.1	Supranational	Supranational	AUD	1,000,000	$974,024	INTL DEVELOPMENT ASSOC	2030-08-29	4.7
NSWTC 5.25 02/24/38	NEW S WALES TREASURY CRP 5.25% FEB-38	0.1	Local Authority	Australia	AUD	1,000,000	$973,179	NEW S WALES TREASURY CRP	2038-02-24	5.25
APPFCF 3.6 11/11/31	APPF COMMERCIAL FINAN 3.6% NOV-31	0.1	Corporate - Financial	Australia	AUD	1,100,000	$969,992	APPF COMMERCIAL FINAN	2031-11-11	3.6
NYLIFE 4.45 09/05/30	NEW YORK LIFE GLOBAL FDG 4.45% SEP-30	0.1	Corporate - Financial	United States	AUD	1,000,000	$969,470	NEW YORK LIFE GLOBAL FDG	2030-09-05	4.45
LLCAU 3.4 10/27/27	LENDLEASE FINANCE LTD 3.4% OCT-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$966,491	LENDLEASE FINANCE LTD	2027-10-27	3.4
CIPFAU 3.026 12/16/27	CIP FUNDING PTY LTD 3.026% DEC-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$964,707	CIP FUNDING PTY LTD	2027-12-16	3.026
BACAU 4.5 12/30/30	BRISBANE AIRPORT CORP 4.5% DEC-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$963,911	BRISBANE AIRPORT CORP	2030-12-30	4.5
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	$963,252	QPH FINANCE CO PTY LTD	2027-07-29	2.3
CPUAU 3.147 11/30/27	COMPUTERSHARE US INC 3.147% NOV-27	0.1	Corporate - Financial	Australia	AUD	1,000,000	$962,108	COMPUTERSHARE US INC	2027-11-30	3.147
295755	UBS AG AUSTRALIA 5.0% MAY-28	0.1	Corporate - Financial	Switzerland	AUD	950,000	$956,222	UBS AG AUSTRALIA	2028-05-12	5.0
NEDWBK 3.3 05/02/29	NEDER WATERSCHAPSBANK 3.3% MAY-29	0.1	Government Special Purpose Bank	Netherlands	AUD	1,000,000	$955,971	NEDER WATERSCHAPSBANK	2029-05-02	3.3
ASIA 3.1 06/15/29	ASIAN DEVELOPMENT BANK 3.1% JUN-29	0.1	Supranational	Supranational	AUD	1,000,000	$955,004	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	$950,883	NORTHERN TERRITORY TREAS	2030-05-21	3.5
BLF7S64	BWP PROPERTY GROUP LTD 2.2% MAR-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$943,462	BWP TRUST	2028-03-24	2.2
NBNAUS 2.15 06/02/28	NBN CO LTD 2.15% JUN-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$942,598	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	$942,546	WESTERN SYDNEY UNI	2027-12-08	1.606
EDICOW 3 04/11/29	EDITH COWAN UNIVERSITY 3.0% APR-29	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$935,195	EDITH COWAN UNIVERSITY	2029-04-11	3.0
SGTOPT 2.6 11/24/28	OPTUS FINANCE PTY LTD 2.6% NOV-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$934,032	OPTUS FINANCE PTY LTD	2028-11-24	2.6
VERFIN 2.4 09/21/28	VER FINCO PTY 2.4% SEP-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$928,808	VER FINCO PTY	2028-09-21	2.4
NSWENF 2.732 04/23/29	NSW ELECTRICITY NETWORKS 2.732% APR-29	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$928,106	NSW ELECTRICITY NETWORKS	2029-04-23	2.732
UBS 5.808 11/24/28	UBS AG AUSTRALIA 5.808% NOV-28	0.1	Corporate - Financial	Switzerland	AUD	900,000	$924,984	UBS AG AUSTRALIA	2028-11-24	5.808
DWPFAU 1.9 08/04/28	DWPF FINANCE PTY LTD 1.9% AUG-28	0.1	Corporate - Financial	Australia	AUD	1,000,000	$924,288	DWPF FINANCE PTY LTD	2028-08-04	1.9
SGSPAA 1.843 09/15/28	SGSP AUSTRALIA ASSETS 1.843% SEP-28	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$922,602	SGSP AUSTRALIA ASSETS	2028-09-15	1.843
304213	SVENSKA HANDELSBANKEN AB 5.4% OCT-28	0.1	Corporate - Financial	Sweden	AUD	900,000	$914,140	SVENSKA HANDELSBANKEN AB	2028-10-05	5.4
NAB 5.74 02/09/34	NATIONAL AUSTRALIA BANK 5.74% FEB-34	0.1	Corporate - Financial	Australia	AUD	900,000	$911,197	NATIONAL AUSTRALIA BANK	2034-02-09	5.74
SCAPRT 2.45 09/24/29	REGION RETAIL TRUST 2.45% SEP-29	0.1	Corporate - Financial	Australia	AUD	1,000,000	$907,347	SHOPPING CTR AU PRPTY RT	2029-09-24	2.45
NZLGFA 5.1 11/28/30	NZ LOCAL GOVT FUND AGENC 5.1% NOV-30	0.1	Local Authority	New Zealand	AUD	900,000	$907,312	NZ LOCAL GOVT FUND AGENC	2030-11-28	5.1
BK11P40	BWP PROPERTY GROUP LTD 3.3% APR-26	0.1	Corporate - Financial	Australia	AUD	900,000	$906,540	BWP TRUST	2026-04-10	3.3
ANZ 5 06/18/29	AUST & NZ BANKING GROUP 5.0% JUN-29	0.1	Corporate - Financial	Australia	AUD	900,000	$906,261	AUST & NZ BANKING GROUP	2029-06-18	5.0
ANZ 5.545 01/15/35	AUST & NZ BANKING GROUP 5.545% JAN-35	0.1	Corporate - Financial	Australia	AUD	900,000	$903,645	AUST & NZ BANKING GROUP	2035-01-15	5.545
CCDJ 4.751 12/02/27	FED CAISSES DESJARDINS 4.751% DEC-27	0.1	Corporate - Financial	Canada	AUD	900,000	$902,619	FED CAISSES DESJARDINS	2027-12-02	4.751
WSOFIN 2.7 06/28/30	WSO FINANCE PTY LTD 2.7% JUN-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$902,005	WSO FINANCE PTY LTD	2030-06-28	2.7
ORIX 4.987 02/28/28	ORIX AUSTRALIA CORP LTD 4.987% FEB-28	0.1	Corporate - Financial	Japan	AUD	900,000	$900,008	ORIX AUSTRALIA CORP LTD	2028-02-28	4.987
SANTAN 5.218 01/20/31	BANCO SANTANDER SA 5.218% JAN-31	0.1	Corporate - Financial	Spain	AUD	900,000	$899,654	BANCO SANTANDER SA	2031-01-20	5.218
NWG 5.026 06/12/29	NATWEST MARKETS PLC 5.026% JUN-29	0.1	Corporate - Financial	Britain	AUD	900,000	$899,643	NATWEST MARKETS PLC	2029-06-12	5.026
CM 4.495 12/20/27	CIBC SYDNEY 4.495% DEC-27	0.1	Corporate - Financial	Canada	AUD	900,000	$898,827	CANADIAN IMPERIAL BANK	2027-12-20	4.495
BRCOL 4.95 07/16/32	BRITISH COLUMBIA PROV OF 4.95% JUL-32	0.1	Local Authority	Canada	AUD	900,000	$897,904	BRITISH COLUMBIA PROV OF	2032-07-16	4.95
QPHFIN 5.302 03/05/32	QPH FINANCE CO PTY LTD 5.302% MAR-32	0.1	Corporate - Non Financial	Australia	AUD	900,000	$891,442	QPH FINANCE CO PTY LTD	2032-03-05	5.302
WENNEX 3.15 03/31/31	WESTCONNEX FINANCE CO PT 3.15% MAR-31	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$888,269	WESTCONNEX FINANCE CO PT	2031-03-31	3.15
NWG 4.8875 06/05/30	NATWEST MARKETS PLC 4.8875% JUN-30	0.1	Corporate - Financial	Britain	AUD	900,000	$887,536	NATWEST MARKETS PLC	2030-06-05	4.8875
WSTP 5.815 06/04/40	WESTPAC BANKING CORP 5.815% JUN-40	0.1	Corporate - Financial	Australia	AUD	900,000	$886,703	WESTPAC BANKING CORP	2040-06-04	5.815
SGTOPT 2.5 07/01/30	OPTUS FINANCE PTY LTD 2.5% JUL-30	0.1	Corporate - Non Financial	Australia	AUD	1,000,000	$886,503	OPTUS FINANCE PTY LTD	2030-07-01	2.5
	WESTPAC BANKING CORP 4.35% SEP-29	0.1	Corporate - Financial	Australia	AUD	900,000	$886,112	WESTPAC BANKING CORP	2029-09-19	4.35
AUCKCN 4.6 06/28/30	AUCKLAND COUNCIL 4.6% JUN-30	0.1	Local Authority	New Zealand	AUD	900,000	$885,559	AUCKLAND COUNCIL	2030-06-28	4.6
MET 4.75 05/30/30	MET LIFE GLOB FUNDING I 4.75% MAY-30	0.1	Corporate - Financial	United States	AUD	900,000	$883,657	MET LIFE GLOB FUNDING I	2030-05-30	4.75
RY 4.738 09/09/31	ROYAL BK CANADA TORONTO 4.738% SEP-31	0.1	Corporate - Financial	Canada	AUD	900,000	$879,114	ROYAL BK CANADA TORONTO	2031-09-09	4.738
CHCFIN 3.092 04/21/31	CHC FINANCE PTY LTD 3.092% APR-31	0.1	Corporate - Financial	Australia	AUD	1,000,000	$875,608	CHC FINANCE PTY LTD	2031-04-21	3.092
AGIF 4.832 09/25/31	AGI FINANCE PTY LTD 4.832% SEP-31	0.1	Corporate - Non Financial	Australia	AUD	900,000	$874,280	AGI FINANCE PTY LTD	2031-09-25	4.832
CHLWR 2.787 03/03/31	CHARTER HALL LWR LTD 2.787% MAR-31	0.1	Corporate - Financial	Australia	AUD	1,000,000	$873,485	CHARTER HALL LWR LTD	2031-03-03	2.787
ANNGR 5.266 09/03/32	VONOVIA SE 5.266% SEP-32	0.1	Corporate - Financial	Germany	AUD	900,000	$872,037	VONOVIA SE	2032-09-03	5.266
DXSAU 3 02/03/32	DEXUS FINANCE PTY LTD 3.0% FEB-32	0.1	Corporate - Financial	Australia	AUD	1,000,000	$871,506	DEXUS FINANCE PTY LTD	2032-02-03	3.0
IBESM 5.38 11/28/30	IBERDROLA FINANZAS SAU 5.38% NOV-30	0.1	Corporate - Non Financial	Spain	AUD	850,000	$854,086	IBERDROLA FINANZAS SAU	2030-11-28	5.38
	KINGFISHER TRUST 2025-1 0.0% OCT-56	0.1			AUD	850,000	$850,401	Kingfisher Trust	2056-10-24
ANVAU 4.4 08/16/27	AUSNET SERVICES HOLDINGS 4.4% AUG-27	0.1	Corporate - Non Financial	Australia	AUD	850,000	$845,927	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	$843,781	TASMANIAN PUBLIC FINANCE	2033-01-21	2.5
IFC 1.25 02/06/31	INTL FINANCE CORP 1.25% FEB-31	0.1	Supranational	Supranational	AUD	1,000,000	$843,401	INTL FINANCE CORP	2031-02-06	1.25
EIB 1.3 01/27/31	EUROPEAN INVESTMENT BANK 1.3% JAN-31	0.1	Supranational	Supranational	AUD	1,000,000	$842,192	EUROPEAN INVESTMENT BANK	2031-01-27	1.3
DWPFAU 2.6 08/04/32	DWPF FINANCE PTY LTD 2.6% AUG-32	0.1	Corporate - Financial	Australia	AUD	1,000,000	$836,410	DWPF FINANCE PTY LTD	2032-08-04	2.6
LLOYDS 7.086 08/31/33	LLOYDS BANKING GROUP PLC 7.086% AUG-33	0.1	Corporate - Financial	Britain	AUD	800,000	$829,192	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	$816,981	STOCKLAND TRUST	2034-09-12	6.1
ENBW 6.048 10/30/34	ENBW INTL FINANCE BV 6.048% OCT-34	0.1	Corporate - Non Financial	Germany	AUD	800,000	$810,662	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	$810,250	VICINITY CENTRES TRUST	2032-01-22	5.6051
	BANK OF QUEENSLAND LTD 5.3% APR-29	0.1	Corporate - Financial	Australia	AUD	800,000	$807,285	BANK OF QUEENSLAND LTD	2029-04-30	5.3
	CREDABL ABS 2025-1 TRUST 0.0% OCT-56	0.1			AUD	800,000	$805,019	Credabl Trust	2056-10-12
BNP 5.288 02/15/29	BNP PARIBAS 5.288% FEB-29	0.1	Corporate - Financial	France	AUD	800,000	$804,517	BNP PARIBAS	2029-02-15	5.288
CNHI 5.4 05/17/27	CNH CAPITAL AUS PTY LTD 5.4% MAY-27	0.1	Corporate - Non Financial	Australia	AUD	800,000	$804,335	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	$803,090	ING BANK (AUSTRALIA) LTD	2027-03-22	4.837
TASCOR 4.75 01/21/31	TASMANIAN PUBLIC FINANCE 4.75% JAN-31	0.1	Local Authority	Australia	AUD	800,000	$796,887	TASMANIAN PUBLIC FINANCE	2031-01-21	4.75
	CATERPILLAR FIN AUSTRALI 4.1% SEP-28	0.1	Corporate - Non Financial	United States	AUD	800,000	$787,714	CATERPILLAR FIN AUSTRALI	2028-09-18	4.1
SGPAU 5.346 10/24/35	STOCKLAND TRUST 5.346% OCT-35	0.1	Corporate - Financial	Australia	AUD	800,000	$763,248	STOCKLAND TRUST	2035-10-24	5.346
HSBC 6.211 03/21/34	HSBC HOLDINGS PLC 6.211% MAR-34	0.1	Corporate - Financial	Britain	AUD	750,000	$762,149	HSBC HOLDINGS PLC	2034-03-21	6.211
CLFCAP 4.753 08/31/28	CLIFFORD CAP CREDIT SLN 4.753% AUG-28	0.1	Corporate - Financial	Singapore	AUD	750,000	$753,951	CLIFFORD CAPITAL PTE LTD	2028-08-31	4.753
WORAU 5.868 05/13/32	WORLEY FIN SERV PTY LTD 5.868% MAY-32	0.1	Corporate - Non Financial	Australia	AUD	750,000	$753,742	WORLEY FIN SERV PTY LTD	2032-05-13	5.868
	PANORAMA AUTO TRUST 2025-1 0.0% MAR-33	0.1			AUD	750,000	$751,893	Panorama Auto Trust	2033-03-15
ANZ 5.691 08/14/40	AUST & NZ BANKING GROUP 5.691% AUG-40	0.1	Corporate - Financial	Australia	AUD	750,000	$730,790	AUST & NZ BANKING GROUP	2040-08-14	5.691
AIRNZ 5.179 09/30/32	AIR NEW ZEALAND LTD 5.179% SEP-32	0.1	Corporate - Non Financial	New Zealand	AUD	750,000	$730,662	AIR NEW ZEALAND LTD	2032-09-30	5.179
	OLYMPUS 2025-2 TRUST 0.0% APR-57	0.1			AUD	730,000	$730,577	Olympus Trust	2057-04-10
SAFA 2 05/23/36	SOUTH AUST GOVT FIN AUTH 2.0% MAY-36	0.1	Local Authority	Australia	AUD	1,000,000	$729,850	SOUTH AUST GOVT FIN AUTH	2036-05-23	2.0
NAB 6.342 06/06/39	NATIONAL AUSTRALIA BANK 6.342% JUN-39	0.1	Corporate - Financial	Australia	AUD	700,000	$718,639	NATIONAL AUSTRALIA BANK	2039-06-06	6.342
	LIBERTY FINANCIAL PTY LTD 0.0% MAR-30	0.1	Corporate - Financial	Australia	AUD	700,000	$713,146	LIBERTY FINANCIAL PTY	2030-03-17
ANZ 6.124 07/25/39	AUST & NZ BANKING GROUP 6.124% JUL-39	0.1	Corporate - Financial	Australia	AUD	700,000	$706,975	AUST & NZ BANKING GROUP	2039-07-25	6.124
AZJAU 6.2 12/05/33	AURIZON NETWORK PTY LTD 6.2% DEC-33	0.1	Corporate - Non Financial	Australia	AUD	700,000	$706,920	AURIZON NETWORK PTY LTD	2033-12-05	6.2
SCGAU 5.2 11/27/29	SCENTRE GROUP TRST 1 5.2% NOV-29	0.1	Corporate - Financial	Australia	AUD	700,000	$704,207	SCENTRE GROUP TRST 1	2029-11-27	5.2
	UNITED ENERGY DISTRIBUTI 4.968% MAR-27	0.1	Corporate - Non Financial	Australia	AUD	700,000	$702,920	UNITED ENERGY DISTRIBUTI	2027-03-26	4.968
NZLGFA 4.7 08/01/28	NZ LOCAL GOVT FUND AGENC 4.7% AUG-28	0.1	Local Authority	New Zealand	AUD	700,000	$702,693	NZ LOCAL GOVT FUND AGENC	2028-08-01	4.7
	KIWIBANK LTD 4.885% APR-27	0.1	Corporate - Financial	New Zealand	AUD	700,000	$701,617	KIWIBANK LTD	2027-04-02	4.885
	LLOYDS BANKING GROUP PLC 0.0% AUG-34	0.1	Corporate - Financial	Britain	AUD	700,000	$700,602	LLOYDS BANKING GROUP PLC	2034-08-29
AUD	MIZUHO BANK LTD/SYDNEY FRN 06SEP2027	0.1			AUD	700,000	$700,000
ETSA 4.612 03/27/28	ETSA UTILITIES FINANCE 4.612% MAR-28	0.1	Corporate - Non Financial	Australia	AUD	700,000	$698,601	ETSA UTILITIES FINANCE	2028-03-27	4.612
252376	BPCE SA 1.5% APR-26	0.1	Corporate - Financial	France	AUD	700,000	$698,170	BPCE SA	2026-04-20	1.5
	TELSTRA GROUP LTD 4.0% APR-27	0.1	Corporate - Non Financial	Australia	AUD	700,000	$696,029	TELSTRA GROUP LTD	2027-04-19	4.0
NSWPOF 5.042 09/19/31	NSW PORTS FINANCE CO PTY 5.042% SEP-31	0.1	Corporate - Financial	Australia	AUD	700,000	$687,304	NSW PORTS FINANCE CO PTY	2031-09-19	5.042
TASCOR 2.25 01/22/32	TASMANIAN PUBLIC FINANCE 2.25% JAN-32	0.1	Local Authority	Australia	AUD	800,000	$685,978	TASMANIAN PUBLIC FINANCE	2032-01-22	2.25
TCV 2 11/20/37	TREASURY CORP VICTORIA 2.0% NOV-37	0.1	Local Authority	Australia	AUD	1,000,000	$685,690	TREASURY CORP VICTORIA	2037-11-20	2.0
KIWI 4.509 09/16/30	KIWIBANK LTD 4.509% SEP-30	0.1	Corporate - Financial	New Zealand	AUD	700,000	$682,450	KIWIBANK LTD	2030-09-16	4.509
VPNF 4.714 04/27/32	VICTORIA POWER NETWORKS 4.714% APR-32	0.1	Corporate - Non Financial	Australia	AUD	700,000	$674,089	VICTORIA POWER NETWORKS	2032-04-27	4.714
SCGAU 5.35 09/18/35	SCENTRE GROUP TRST 1 5.35% SEP-35	0.1	Corporate - Financial	Australia	AUD	700,000	$670,588	SCENTRE GROUP TRST 1	2035-09-18	5.35
WSTP 7.199 11/15/38	WESTPAC BANKING CORP 7.199% NOV-38	0.1	Corporate - Financial	Australia	AUD	600,000	$648,688	WESTPAC BANKING CORP	2038-11-15	7.199
PSPCAP 4.1 08/13/30	PSP CAPITAL INC 4.1% AUG-30	0.1	Sovereign Agency	Canada	AUD	650,000	$632,115	PSP CAPITAL INC	2030-08-13	4.1
NTTC 3.75 04/21/33	NORTHERN TERRITORY TREAS 3.75% APR-33	0.1	Local Authority	Australia	AUD	700,000	$632,009	NORTHERN TERRITORY TREAS	2033-04-21	3.75
BMCS362	SUNCORP GROUP LTD 0.0% JUN-34	0.1	Corporate - Financial	Australia	AUD	600,000	$621,480	SUNCORP GROUP LTD	2034-06-27
ANVAU 6.134 05/31/33	AUSNET SERVICES HOLDINGS 6.134% MAY-33	0.1	Corporate - Non Financial	Australia	AUD	600,000	$619,120	AUSNET SERVICES HOLDINGS	2033-05-31	6.134
ICPFAU 2.725 10/11/30	ICPF FINANCE PTY LTD 2.725% OCT-30	0.1	Corporate - Financial	Australia	AUD	700,000	$618,210	ICPF FINANCE PTY LTD	2030-10-11	2.725
301515	WESTPAC BANKING CORP 4.8% AUG-26	0.1	Corporate - Financial	Australia	AUD	600,000	$615,057	WESTPAC BANKING CORP	2026-08-10	4.8
BACR 6.158 05/28/35	BARCLAYS PLC 6.158% MAY-35	0.1	Corporate - Financial	Britain	AUD	600,000	$607,118	BARCLAYS PLC	2035-05-28	6.158
BENAU 5.1 05/14/27	BENDIGO AND ADELAIDE BK 5.1% MAY-27	0.1	Corporate - Financial	Australia	AUD	600,000	$603,938	BENDIGO AND ADELAIDE BK	2027-05-14	5.1
MQGAU 5.603 02/20/35	MACQUARIE BANK LTD 5.603% FEB-35	0.1	Corporate - Financial	Australia	AUD	600,000	$601,009	MACQUARIE BANK LTD	2035-02-20	5.603
AUD	MUFG BANK SYDNEY MUFG FLOAT 03/05/29	0.1			AUD	600,000	$600,000
NBNAUS 5 08/28/31	NBN CO LTD 5.0% AUG-31	0.1	Corporate - Non Financial	Australia	AUD	600,000	$597,488	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	$595,099	NORTHERN TERRITORY TREAS	2037-04-21	5.75
VW 5.108 06/13/29	VOLKSWAGEN FIN SERV AUST 5.108% JUN-29	0.1	Corporate - Non Financial	Germany	AUD	600,000	$593,087	VOLKSWAGEN FIN SERV AUST	2029-06-13	5.108
NAB 5.774 07/30/40	NATIONAL AUSTRALIA BANK 5.774% JUL-40	0.1	Corporate - Financial	Australia	AUD	600,000	$590,041	NATIONAL AUSTRALIA BANK	2040-07-30	5.774
	BPCE SA 4.7638% JUN-30	0.1	Corporate - Financial	France	AUD	600,000	$589,631	BPCE SA	2030-06-12	4.7638
KHFC 4.496 06/18/30	KOREA HOUSING FINANCE CO 4.496% JUN-30	0.1	Sovereign Agency	South Korea	AUD	600,000	$587,707	KOREA HOUSING FINANCE CO	2030-06-18	4.496
DNLAU 5.4 11/08/32	DYNO NOBEL LTD 5.4% NOV-32	0.1	Corporate - Non Financial	Australia	AUD	600,000	$586,997	DYNO NOBEL LTD	2032-11-08	5.4
LOFINA 5.1 10/07/32	LONSDALE FINANCE PTY LTD 5.1% OCT-32	0.1	Corporate - Non Financial	Australia	AUD	600,000	$585,736	LONSDALE FINANCE PTY LTD	2032-10-07	5.1
HSBC 4.768 08/28/31	HSBC HOLDINGS PLC 4.768% AUG-31	0.1	Corporate - Financial	Britain	AUD	600,000	$585,286	HSBC HOLDINGS PLC	2031-08-28	4.768
CBAAU 6.152 11/27/39	COMMONWEALTH BANK AUST 6.152% NOV-39	0.1	Corporate - Financial	Australia	AUD	550,000	$556,800	COMMONWEALTH BANK AUST	2039-11-27	6.152
	CNH INDUSTRIAL CAPITAL AUSTRALIA RECEIVABLES TRUST SERIES 2025-1 0.0% FEB-33	0.1			AUD	550,000	$549,578	CNH Industrial Capital Austral	2033-02-16
	LIBERTY FINANCIAL PTY LTD 0.0% MAR-29	0.1	Corporate - Financial	Australia	AUD	500,000	$537,900	LIBERTY FINANCIAL PTY	2029-03-08
BQLT900	QBE INSURANCE GROUP LTD 0.0% JUN-39	0.1	Corporate - Financial	Australia	AUD	500,000	$530,118	QBE INSURANCE GROUP LTD	2039-06-28
305682	BENDIGO & ADELAIDE BANK LTD 0.0% NOV-33	0.1	Corporate - Financial	Australia	AUD	500,000	$524,438	BENDIGO AND ADELAIDE BK	2033-11-03
QPHFIN 6.392 11/01/30	QPH FINANCE CO PTY LTD 6.392% NOV-30	0.1	Corporate - Non Financial	Australia	AUD	500,000	$522,740	QPH FINANCE CO PTY LTD	2030-11-01	6.392
	INSURANCE AUSTRALIA GROUP LTD 0.0% DEC-38	0.1	Corporate - Financial	Australia	AUD	500,000	$520,605	INSURANCE AUSTRALIA GRP	2038-12-15
SANTAN 6.499 01/23/31	BANCO SANTANDER SA 6.499% JAN-31	0.1	Corporate - Financial	Spain	AUD	500,000	$519,741	BANCO SANTANDER SA	2031-01-23	6.499
BPCEGP 6.2715 10/24/28	BPCE SA 6.2715% OCT-28	0.1	Corporate - Financial	France	AUD	500,000	$516,859	BPCE SA	2028-10-24	6.2715
	QBE INSURANCE GROUP LTD 0.0% MAY-36	0.1	Corporate - Financial	Australia	AUD	500,000	$515,910	QBE INSURANCE GROUP LTD	2036-05-21
CBAAU 6.446 10/25/33	COMMONWEALTH BANK AUST 6.446% OCT-33	0.1	Corporate - Financial	Australia	AUD	500,000	$515,418	COMMONWEALTH BANK AUST	2033-10-25	6.446
	QBE INSURANCE GROUP LTD 0.0% JUN-35	0.1	Corporate - Financial	Australia	AUD	500,000	$513,560	QBE INSURANCE GROUP LTD	2035-06-11
ANZ Float 01/16/34	AUSTRALIA & NEW ZEALAND BANKING GROUP LTD 5.6695% JAN-34	0.1	Corporate - Financial	Australia	AUD	500,000	$513,333	AUST & NZ BANKING GROUP	2034-01-16	5.6695
BN6KLT0	BANK OF QUEENSLAND LTD 0.0% MAY-28	0.1	Corporate - Financial	Australia	AUD	500,000	$511,368	BANK OF QUEENSLAND LTD	2028-05-09
	AUSTRALIA PACIFIC AIRPORTS MELBOURNE PTY LTD 0.0% JUN-55	0.1	Corporate - Non Financial	Australia	AUD	500,000	$510,668	AUSTRALIA PACIFIC AIRPOR	2055-06-16
NAB Float 11/18/31	NATIONAL AUSTRALIA BANK LTD 0.0% NOV-31	0.1	Corporate - Financial	Australia	AUD	500,000	$510,588	NATIONAL AUSTRALIA BANK	2031-11-18
WSTP 5.972 07/10/34	WESTPAC BANKING CORP 5.972% JUL-34	0.1	Corporate - Financial	Australia	AUD	500,000	$509,793	WESTPAC BANKING CORP	2034-07-10	5.972
	INSURANCE AUSTRALIA GROUP LTD 0.0% JUN-37	0.1	Corporate - Financial	Australia	AUD	500,000	$508,945	INSURANCE AUSTRALIA GRP	2037-06-15
TLSAU 5.65 03/06/34	TELSTRA GROUP LTD 5.65% MAR-34	0.1	Corporate - Non Financial	Australia	AUD	500,000	$508,666	TELSTRA GROUP LTD	2034-03-06	5.65
WOWAU 5.762 04/18/31	WOOLWORTHS GROUP LTD 5.762% APR-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$508,479	WOOLWORTHS GROUP LTD	2031-04-18	5.762
LLOYDS 5.687 03/06/30	LLOYDS BANKING GROUP PLC 5.687% MAR-30	0.1	Corporate - Financial	Britain	AUD	500,000	$506,713	LLOYDS BANKING GROUP PLC	2030-03-06	5.687
CBAAU Float 08/20/31	COMMONWEALTH BANK OF AUSTRALIA 0.0% AUG-31	0.1	Corporate - Financial	Australia	AUD	500,000	$506,315	COMMONWEALTH BANK AUST	2031-08-20
	WESTPAC BANKING CORP 0.0% APR-34	0.1	Corporate - Financial	Australia	AUD	500,000	$506,299	WESTPAC BANKING CORP	2034-04-03
	NORFINA LTD 5.45% MAY-27	0.1	Corporate - Financial	Australia	AUD	500,000	$506,198	SUNCORP-METWAY LTD	2027-05-24	5.45
BYP6R54	AUCKLAND COUNCIL 3.5% MAR-26	0.1	Local Authority	New Zealand	AUD	500,000	$506,080	AUCKLAND COUNCIL	2026-03-09	3.5
FLNPRT 6.1 07/10/34	FLINDERS PORT HOLDINGS 6.1% JUL-34	0.1	Corporate - Non Financial	Australia	AUD	500,000	$506,022	FLINDERS PORT HOLDINGS	2034-07-10	6.1
	DEXUS FINANCE PTY LTD 0.0% DEC-55	0.1	Corporate - Financial	Australia	AUD	500,000	$505,438	DEXUS FINANCE PTY LTD	2055-12-10
295683	BENDIGO & ADELAIDE BANK LTD 4.7% MAY-26	0.1	Corporate - Financial	Australia	AUD	500,000	$505,182	BENDIGO AND ADELAIDE BK	2026-05-15	4.7
LLOYDS 5.3906 06/10/27	LLOYDS BANKING GROUP PLC 5.3906% JUN-27	0.1	Corporate - Financial	Britain	AUD	500,000	$505,090	LLOYDS BANKING GROUP PLC	2027-06-10	5.3906
ACAFP 5.3636 06/01/28	CREDIT AGRICOLE SA 5.3636% JUN-28	0.1	Corporate - Financial	France	AUD	500,000	$505,061	CREDIT AGRICOLE SA	2028-06-01	5.3636
BLPP909	ROYAL BANK OF CANADA/SYDNEY 0.0% JUL-27	0.1	Corporate - Financial	Canada	AUD	500,000	$504,978	ROYAL BANK OF CANADA/SYD	2027-07-13
	ASX LTD 0.0% FEB-27	0.1	Corporate - Financial	Australia	AUD	500,000	$504,600	ASX LTD	2027-02-26
SCGAU 5.9 11/27/34	SCENTRE GROUP TRST 1 5.9% NOV-34	0.1	Corporate - Financial	Australia	AUD	500,000	$504,244	SCENTRE GROUP TRST 1	2034-11-27	5.9
HSBC 5.1 03/03/28	HSBC LTD/SYDNEY 5.1% MAR-28	0.1	Corporate - Financial	Hong Kong	AUD	500,000	$504,155	HSBC LTD/SYDNEY	2028-03-03	5.1
BNG 3.25 08/24/26	BNG BANK NV 3.25% AUG-26	0.1	Government Special Purpose Bank	Netherlands	AUD	500,000	$504,080	BNG BANK NV	2026-08-24	3.25
BENAU Float 01/27/27		0.1	Corporate - Financial	Australia	AUD	500,000	$503,965	BENDIGO AND ADELAIDE BK
NAB 4.95 11/25/27	NATIONAL AUSTRALIA BANK 4.95% NOV-27	0.1	Corporate - Financial	Australia	AUD	500,000	$503,646	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	$503,497	AUSNET SERVICES HOLDINGS	2055-02-12	6.187
WSTP 5 09/19/28	WESTPAC BANKING CORP 5.0% SEP-28	0.1	Corporate - Financial	Australia	AUD	500,000	$503,387	WESTPAC BANKING CORP	2028-09-19	5.0
SCAPRT 5.55 03/05/31	REGION RETAIL TRUST 5.55% MAR-31	0.1	Corporate - Financial	Australia	AUD	500,000	$503,060	REGION RETAIL TRUST	2031-03-05	5.55
CBAAU 4.9 08/17/28	COMMONWEALTH BANK AUST 4.9% AUG-28	0.1	Corporate - Financial	Australia	AUD	500,000	$502,927	COMMONWEALTH BANK AUST	2028-08-17	4.9
BZ6FFQ4	WESTPAC BANKING CORP 4.125% JUN-26	0.1	Corporate - Financial	Australia	AUD	500,000	$502,836	WESTPAC BANKING CORP	2026-06-04	4.125
PCARAU 4.95 05/20/27	PACCAR FINANCIAL PTY LTD 4.95% MAY-27	0.1	Corporate - Non Financial	Australia	AUD	500,000	$502,761	PACCAR FINANCIAL PTY LTD	2027-05-20	4.95
WESAIR 5.6 03/05/31	PERTH AIRPORT PTY LTD 5.6% MAR-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$502,663	PERTH AIRPORT PTY LTD	2031-03-05	5.6
BYZWC91	COMMONWEALTH BANK OF AUSTRALIA 4.2% JUN-26	0.1	Corporate - Financial	Australia	AUD	500,000	$502,567	COMMONWEALTH BANK AUST	2026-06-11	4.2
VW 5.55 06/14/28	VOLKSWAGEN FIN SERV AUST 5.55% JUN-28	0.1	Corporate - Non Financial	Germany	AUD	500,000	$502,221	VOLKSWAGEN FIN SERV AUST	2028-06-14	5.55
LOFINA 5.5 11/19/31	LONSDALE FINANCE PTY LTD 5.5% NOV-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$502,183	LONSDALE FINANCE PTY LTD	2031-11-19	5.5
BPCEGP 6.5618 06/12/40	BPCE SA 6.5618% JUN-40	0.1	Corporate - Financial	France	AUD	500,000	$502,122	BPCE SA	2040-06-12	6.5618
BYSXSJ3	SVENSK EXPORTKREDIT AB 3.3% SEP-26	0.1	Government Special Purpose Bank	Sweden	AUD	500,000	$502,113	SWEDISH EXPORT CREDIT	2026-09-18	3.3
WSTP 4.95 01/21/30	WESTPAC BANKING CORP 4.95% JAN-30	0.1	Corporate - Financial	Australia	AUD	500,000	$502,024	WESTPAC BANKING CORP	2030-01-21	4.95
WSTP 4.8 02/16/28	WESTPAC BANKING CORP 4.8% FEB-28	0.1	Corporate - Financial	Australia	AUD	500,000	$501,979	WESTPAC BANKING CORP	2028-02-16	4.8
BFCM 5.1264 05/24/27	BANQUE FED CRED MUTUEL 5.1264% MAY-27	0.1	Corporate - Financial	France	AUD	500,000	$501,951	BANQUE FED CRED MUTUEL	2027-05-24	5.1264
AIRSER 3.25 05/15/26	AIRSERVICES AUSTRALIA 3.25% MAY-26	0.1	Sovereign Agency	Australia	AUD	500,000	$501,838	AIRSERVICES AUSTRALIA	2026-05-15	3.25
TRGRID 6.277 03/11/55	NSW ELECTRICITY NETWORKS 6.277% MAR-55	0.1	Corporate - Non Financial	Australia	AUD	500,000	$501,538	NSW ELECTRICITY NETWORKS	2055-03-11	6.277
	DRIVER AUSTRALIA ELEVEN 0.0% NOV-33	0.1			AUD	500,000	$501,506	Driver Australia	2033-11-21
SUNAU 4.8 12/14/27	NORFINA LTD 4.8% DEC-27	0.1	Corporate - Financial	Australia	AUD	500,000	$501,321	SUNCORP-METWAY LTD	2027-12-14	4.8
BD6DFL9	AUSTRALIA PACIFIC AIRPORTS MELBOURNE PTY LTD 3.75% NOV-26	0.1	Corporate - Non Financial	Australia	AUD	500,000	$501,230	AUSTRALIA PACIFIC AIRPOR	2026-11-04	3.75
INGAU 4.9492 11/20/29	ING BANK (AUSTRALIA) LTD 4.9492% NOV-29	0.1	Corporate - Financial	Australia	AUD	500,000	$501,182	ING BANK (AUSTRALIA) LTD	2029-11-20	4.9492
BNRK6H2	SVENSKA HANDELSBANKEN AB 1.2% MAR-26	0.1	Corporate - Financial	Sweden	AUD	500,000	$500,780	SVENSKA HANDELSBANKEN AB	2026-03-04	1.2
BPTKDC8	BANK OF QUEENSLAND LTD 4.7% JAN-27	0.1	Corporate - Financial	Australia	AUD	500,000	$500,652	BANK OF QUEENSLAND LTD	2027-01-27	4.7
AIRSER 5 05/15/31	AIRSERVICES AUSTRALIA 5.0% MAY-31	0.1	Sovereign Agency	Australia	AUD	500,000	$500,648	AIRSERVICES AUSTRALIA	2031-05-15	5.0
MQGAU 6.1456 05/29/40	MACQUARIE BANK LTD 6.1456% MAY-40	0.1	Corporate - Financial	Australia	AUD	500,000	$500,488	MACQUARIE BANK LTD	2040-05-29	6.1456
	CORP ANDINA DE FOMENTO 5.3% FEB-29	0.1	Supranational	Supranational	AUD	500,000	$499,826	CORP ANDINA DE FOMENTO	2029-02-19	5.3
TOYOTA 4.75 04/06/28	TOYOTA FINANCE AUSTRALIA 4.75% APR-28	0.1	Corporate - Non Financial	Australia	AUD	500,000	$499,816	TOYOTA FINANCE AUSTRALIA	2028-04-06	4.75
BD9WX42	MACQUARIE BANK LTD 4.25% JUL-26	0.1	Corporate - Financial	Australia	AUD	500,000	$499,781	MACQUARIE BANK LTD	2026-07-28	4.25
AIRSER 5.45 05/15/35	AIRSERVICES AUSTRALIA 5.45% MAY-35	0.1	Sovereign Agency	Australia	AUD	500,000	$499,178	AIRSERVICES AUSTRALIA	2035-05-15	5.45
SANTAN 5.8 03/06/35	BANCO SANTANDER SA 5.8% MAR-35	0.1	Corporate - Financial	Spain	AUD	500,000	$499,098	BANCO SANTANDER SA	2035-03-06	5.8
SCGAU 5.9 03/31/55	SCENTRE GROUP TRST 1 5.9% MAR-55	0.1	Corporate - Financial	Australia	AUD	500,000	$499,035	SCENTRE GROUP TRST 1	2055-03-31	5.9
VZ 4.5 08/17/27	VERIZON COMMUNICATIONS 4.5% AUG-27	0.1	Corporate - Non Financial	United States	AUD	500,000	$498,829	VERIZON COMMUNICATIONS	2027-08-17	4.5
NRWBK 1.05 03/31/26	NRW BANK 1.05% MAR-26	0.1	Local Authority	Germany	AUD	500,000	$498,795	NRW.BANK	2026-03-31	1.05
CBAAU 4.75 01/09/30	COMMONWEALTH BANK AUST 4.75% JAN-30	0.1	Corporate - Financial	Australia	AUD	500,000	$498,404	COMMONWEALTH BANK AUST	2030-01-09	4.75
KOREA 4.51 12/10/29	REPUBLIC OF KOREA 4.51% DEC-29	0.1	Sovereign	South Korea	AUD	500,000	$498,253	REPUBLIC OF KOREA	2029-12-10	4.51
AUSGF 5.277 12/10/30	AUSGRID FINANCE PTY LTD 5.277% DEC-30	0.1	Corporate - Non Financial	Australia	AUD	500,000	$498,020	AUSGRID FINANCE PTY LTD	2030-12-10	5.277
EIB 4.2 08/21/28	EUROPEAN INVESTMENT BANK 4.2% AUG-28	0.1	Supranational	Supranational	AUD	500,000	$497,845	EUROPEAN INVESTMENT BANK	2028-08-21	4.2
ETSA 5.681 03/27/35	ETSA UTILITIES FINANCE 5.681% MAR-35	0.1	Corporate - Non Financial	Australia	AUD	500,000	$497,315	ETSA UTILITIES FINANCE	2035-03-27	5.681
231301	SPARK FINANCE LTD 1.9% JUN-26	0.1	Corporate - Non Financial	New Zealand	AUD	500,000	$497,243	SPARK FINANCE LTD	2026-06-05	1.9
FCGNZ 5.236 05/19/32	FONTERRA COOPERATIVE GRP 5.236% MAY-32	0.1	Corporate - Non Financial	New Zealand	AUD	500,000	$497,115	FONTERRA COOPERATIVE GRP	2032-05-19	5.236
NAB 4.4 05/12/28	NATIONAL AUSTRALIA BANK 4.4% MAY-28	0.1	Corporate - Financial	Australia	AUD	500,000	$497,102	NATIONAL AUSTRALIA BANK	2028-05-12	4.4
	INDUSTRIAL BANK OF KOREA 4.826% FEB-30	0.1	Government Special Purpose Bank	South Korea	AUD	500,000	$497,032	INDUSTRIAL BANK OF KOREA	2030-02-27	4.826
ASIA 4.5 06/20/30	ASIAN DEVELOPMENT BANK 4.5% JUN-30	0.1	Supranational	Supranational	AUD	500,000	$496,880	ASIAN DEVELOPMENT BANK	2030-06-20	4.5
TQLAU 5.5 09/02/32	TRANSURBAN QLD FINANCE 5.5% SEP-32	0.1	Corporate - Non Financial	Australia	AUD	500,000	$496,869	TRANSURBAN QLD FINANCE	2032-09-02	5.5
KBN 3 12/09/26	KOMMUNALBANKEN AS 3.0% DEC-26	0.1	Sovereign Agency	Norway	AUD	500,000	$496,408	KOMMUNALBANKEN AS	2026-12-09	3.0
ELECTR 5.3038 07/10/31	ELECTRANET PTY LTD 5.3038% JUL-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$495,726	ELECTRANET PTY LTD	2031-07-10	5.3038
VOD 4.2 12/13/27	VODAFONE GROUP PLC 4.2% DEC-27	0.1	Corporate - Non Financial	Britain	AUD	500,000	$494,896	VODAFONE GROUP PLC	2027-12-13	4.2
ABIBB 4.1 09/06/27	ANHEUSER-BUSCH INBEV WOR 4.1% SEP-27	0.1	Corporate - Non Financial	Belgium	AUD	500,000	$494,815	ANHEUSER-BUSCH INBEV WOR	2027-09-06	4.1
MET 4 07/13/27	MET LIFE GLOB FUNDING I 4.0% JUL-27	0.1	Corporate - Financial	United States	AUD	500,000	$494,744	MET LIFE GLOB FUNDING I	2027-07-13	4.0
259409	ING BANK AUSTRALIA LTD 1.1% AUG-26	0.1	Corporate - Financial	Australia	AUD	500,000	$493,633	ING BANK (AUSTRALIA) LTD	2026-08-19	1.1
	KOREA DEVELOPMENT BANK 4.145% JUN-28	0.1	Government Special Purpose Bank	South Korea	AUD	500,000	$493,590	KOREA DEVELOPMENT BANK	2028-06-05	4.145
GAIF 4.742 06/03/30	GAIF BOND ISSUER P/L 4.742% JUN-30	0.1	Corporate - Financial	Australia	AUD	500,000	$493,488	GAIF BOND ISSUER P/L	2030-06-03	4.742
219623	COLES GROUP TREASURY PTY LTD 2.2% NOV-26	0.1	Corporate - Non Financial	Australia	AUD	500,000	$493,428	COLES GROUP TREASURY	2026-11-06	2.2
ORIX 4.479 10/29/28	ORIX AUSTRALIA CORP LTD 4.479% OCT-28	0.1	Corporate - Financial	Japan	AUD	500,000	$493,102	ORIX AUSTRALIA CORP LTD	2028-10-29	4.479
BF51KP7	DEUTSCHE BAHN AG 3.8% SEP-27	0.1	Corporate - Non Financial	Germany	AUD	500,000	$492,939	DEUTSCHE BAHN FIN GMBH	2027-09-27	3.8
MGRAU 5.15 03/18/31	MIRVAC GROUP FINANCE LTD 5.15% MAR-31	0.1	Corporate - Financial	Australia	AUD	500,000	$492,623	MIRVAC GROUP FINANCE LTD	2031-03-18	5.15
NTTC 5.25 03/21/34	NORTHERN TERRITORY TREAS 5.25% MAR-34	0.1	Local Authority	Australia	AUD	500,000	$492,081	NORTHERN TERRITORY TREAS	2034-03-21	5.25
NAB 2.9 02/25/27	NATIONAL AUSTRALIA BANK 2.9% FEB-27	0.1	Corporate - Financial	Australia	AUD	500,000	$491,803	NATIONAL AUSTRALIA BANK	2027-02-25	2.9
	WESTPAC BANKING CORP 4.5% OCT-30	0.1	Corporate - Financial	Australia	AUD	500,000	$491,289	WESTPAC BANKING CORP	2030-10-30	4.5
BD0PB35	EUROFIMA 2.6% JAN-27	0.1	Supranational	Supranational	AUD	500,000	$490,787	EUROFIMA	2027-01-13	2.6
GAIF 4.904 11/13/31	GAIF BOND ISSUER P/L 4.904% NOV-31	0.1	Corporate - Financial	Australia	AUD	500,000	$490,377	GAIF BOND ISSUER P/L	2031-11-13	4.904
DE 4.45 06/21/30	JOHN DEERE FINANCIAL LTD 4.45% JUN-30	0.1	Corporate - Non Financial	United States	AUD	500,000	$488,423	JOHN DEERE FINANCIAL LTD	2030-06-21	4.45
AGLAU 5.345 09/30/32	AGL ENERGY LTD 5.345% SEP-32	0.1	Corporate - Non Financial	Australia	AUD	500,000	$488,385	AGL ENERGY LTD	2032-09-30	5.345
TQLAU 5.623 08/28/34	TRANSURBAN QLD FINANCE 5.623% AUG-34	0.1	Corporate - Non Financial	Australia	AUD	500,000	$488,359	TRANSURBAN QLD FINANCE	2034-08-28	5.623
TASCOR 5.25 01/23/36	TASMANIAN PUBLIC FINANCE 5.25% JAN-36	0.1	Local Authority	Australia	AUD	500,000	$488,162	TASMANIAN PUBLIC FINANCE	2036-01-23	5.25
AIRSER 5.35 11/15/37	AIRSERVICES AUSTRALIA 5.35% NOV-37	0.1	Sovereign Agency	Australia	AUD	500,000	$488,145	AIRSERVICES AUSTRALIA	2037-11-15	5.35
INGAU 4.284 08/15/30	ING BANK (AUSTRALIA) LTD 4.284% AUG-30	0.1	Corporate - Financial	Australia	AUD	500,000	$487,316	ING BANK (AUSTRALIA) LTD	2030-08-15	4.284
IBRD 3.3 08/14/28	INTL BK RECON & DEVELOP 3.3% AUG-28	0.1	Supranational	Supranational	AUD	500,000	$486,811	INTL BK RECON & DEVELOP	2028-08-14	3.3
ASIA 3.3 08/08/28	ASIAN DEVELOPMENT BANK 3.3% AUG-28	0.1	Supranational	Supranational	AUD	500,000	$486,489	ASIAN DEVELOPMENT BANK	2028-08-08	3.3
CBAAU 4.239 08/21/30	COMMONWEALTH BANK AUST 4.239% AUG-30	0.1	Corporate - Financial	Australia	AUD	500,000	$486,443	COMMONWEALTH BANK AUST	2030-08-21	4.239
CADEPO 4.1 06/13/30	CDP FINANCIAL INC 4.1% JUN-30	0.1	Local Authority	Canada	AUD	500,000	$486,147	CDP FINANCIAL INC	2030-06-13	4.1
BP8KS68		0.1	Corporate - Non Financial	Australia	AUD	500,000	$486,064	MONASH UNIVERSITY
PATFPL 5.107 10/22/32	PATRICK TERMINALS FINANC 5.107% OCT-32	0.1	Corporate - Non Financial	Australia	AUD	500,000	$486,030	PATRIC TERMINALS FINANCE	2032-10-22	5.107
AUSCAP 5.25 10/23/36	AUST CAPITAL TERRITORY 5.25% OCT-36	0.1	Local Authority	Australia	AUD	500,000	$485,266	AUST CAPITAL TERRITORY	2036-10-23	5.25
BD5CZT5	AUCKLAND COUNCIL 2.9% SEP-27	0.1	Local Authority	New Zealand	AUD	500,000	$485,051	AUCKLAND COUNCIL	2027-09-16	2.9
SCAPRT 4.933 11/05/31	REGION RETAIL TRUST 4.933% NOV-31	0.1	Corporate - Financial	Australia	AUD	500,000	$484,707	REGION RETAIL TRUST	2031-11-05	4.933
WSUAU 4.746 09/17/32	WESTERN SYDNEY UNI 4.746% SEP-32	0.1	Corporate - Non Financial	Australia	AUD	500,000	$482,572	WESTERN SYDNEY UNI	2032-09-17	4.746
EIB 4.55 06/02/33	EUROPEAN INVESTMENT BANK 4.55% JUN-33	0.1	Supranational	Supranational	AUD	500,000	$482,227	EUROPEAN INVESTMENT BANK	2033-06-02	4.55
AZOAU 3 03/09/28	AURIZON FINANCE PTY LTD 3.0% MAR-28	0.1	Corporate - Non Financial	Australia	AUD	500,000	$478,949	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	$474,673	WOOLWORTHS GROUP LTD	2027-11-15	1.85
IBRD 4.2 04/21/33	INTL BK RECON & DEVELOP 4.2% APR-33	0.1	Supranational	Supranational	AUD	500,000	$473,715	INTL BK RECON & DEVELOP	2033-04-21	4.2
AGIAGN 2.1486 04/28/28	AUSTRALIAN GAS NETWORKS 2.1486% APR-28	0.1	Corporate - Non Financial	Australia	AUD	500,000	$470,366	AUSTRALIAN GAS NETWORKS	2028-04-28	2.1486
AUSCAP 4.5 10/23/34	AUST CAPITAL TERRITORY 4.5% OCT-34	0.1	Local Authority	Australia	AUD	500,000	$469,251	AUST CAPITAL TERRITORY	2034-10-23	4.5
ANVAU 2.6 07/31/29	AUSNET SERVICES HOLDINGS 2.6% JUL-29	0.1	Corporate - Non Financial	Australia	AUD	500,000	$459,259	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	$459,161	INTL FINANCE CORP	2028-05-24	0.75
NTTC 4.5 03/21/35	NORTHERN TERRITORY TREAS 4.5% MAR-35	0.1	Local Authority	Australia	AUD	500,000	$458,525	NORTHERN TERRITORY TREAS	2035-03-21	4.5
RENTEN 1.9 01/30/30	LANDWIRTSCH. RENTENBANK 1.9% JAN-30	0.1	Government Special Purpose Bank	Germany	AUD	500,000	$449,952	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	$444,084	TRANSURBAN QLD FINANCE	2031-08-05	3.25
LLCAU 3.7 03/31/31	LENDLEASE FINANCE LTD 3.7% MAR-31	0.1	Corporate - Financial	Australia	AUD	500,000	$441,171	LENDLEASE FINANCE LTD	2031-03-31	3.7
CPIFFI 2.485 10/28/30	CPIF FINANCE PTY LTD 2.485% OCT-30	0.1	Corporate - Financial	Australia	AUD	500,000	$436,408	CPIF FINANCE PTY LTD	2030-10-28	2.485
WESAU 2.55 06/23/31	WESFARMERS LTD 2.55% JUN-31	0.1	Corporate - Non Financial	Australia	AUD	500,000	$433,888	WESFARMERS LTD	2031-06-23	2.55
GPTAU 2.849 02/20/32	TRUSTEE FOR GENERAL PROP 2.849% FEB-32	0.1	Corporate - Financial	Australia	AUD	500,000	$428,813	GENERAL PROPERTY TRUST	2032-02-20	2.849
AUSCAP 2.5 10/22/32	AUST CAPITAL TERRITORY 2.5% OCT-32	0.1	Local Authority	Australia	AUD	500,000	$428,187	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	$427,975	BNG BANK NV	2030-11-27	1.6
KBN 2.5 08/03/32	KOMMUNALBANKEN AS 2.5% AUG-32	0.1	Sovereign Agency	Norway	AUD	500,000	$427,088	KOMMUNALBANKEN AS	2032-08-03	2.5
AU3SG0002751	SOUTH AUST GOVT FIN AUTH 4.75% MAY-38	0.0	Local Authority	Australia	AUD	400,000	$370,570	SOUTH AUST GOVT FIN AUTH	2038-05-24	4.75
NTTC 2.75 04/21/27	NORTHERN TERRITORY TREAS 2.75% APR-27	0.0	Local Authority	Australia	AUD	300,000	$294,792	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	$275,927	NORTHERN TERRITORY TREAS	2029-05-21	2.0
TASCOR 3.25 01/24/28	TASMANIAN PUBLIC FINANCE 3.25% JAN-28	0.0	Local Authority	Australia	AUD	200,000	$195,884	TASMANIAN PUBLIC FINANCE	2028-01-24	3.25
XMH6 Comdty	AUST 10Y BOND FUT 03/16/26				AUD	216			2026-03-16
YMH6 Comdty	AUST 3YR BOND FUT 03/16/26				AUD	66
AUD	AUD - AUSTRALIA DOLLAR	1.4			AUD	11,749,479	$11,749,479

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* As at 21 January 2026. Excludes cash

Sector allocation

Australian Government	17.7%
Australian State Government	28.6%
Corporate - Non Financial	19.5%
Government Special Purpose Bank	2.7%
Corporate - Financial	23.9%
Foreign Local Authority	2.2%
Supranational	2.0%
Sovereign Agency	2.6%
Foreign Sovereign	0.1%
Other	0.7%

* As of 31 December 2025

Distributions

Frequency and yield

Distribution frequency	Monthly
12 mth distribution yield*	4.1%

*As at 31 December 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)
2-Jan-26	5-Jan-26	19-Jan-26	$0.090038	4.08%
1-Dec-25	2-Dec-25	16-Dec-25	$0.072987	4.08%
3-Nov-25	4-Nov-25	18-Nov-25	$0.081883	4.18%
1-Oct-25	2-Oct-25	16-Oct-25	$0.083874	4.06%
1-Sep-25	2-Sep-25	16-Sep-25	$0.076269	4.05%
1-Aug-25	4-Aug-25	18-Aug-25	$0.081156	4.08%
1-Jul-25	2-Jul-25	16-Jul-25	$0.081474	4.20%
2-Jun-25	3-Jun-25	18-Jun-25	$0.078577	4.14%
1-May-25	2-May-25	16-May-25	$0.078534	4.19%
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.

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ASX Announcements: BNDS

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NRWT & fund payments

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

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
description PDS Update – 20 January 2025 keyboard_arrow_down
description Annual Financial Report – 30 June 2025 \| BNDS keyboard_arrow_down

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Betashares Western Asset Australian Bond Active ETF

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