NPORT-EX 2 MIMA110_MAT_Asia_Crdt_Opp_Fd.htm NPORT-EX
Matthews Asia Credit Opportunities Fund    September 30, 2019
Schedule of Investmentsa (unaudited)   
NON-CONVERTIBLE CORPORATE BONDS: 69.5%   

 

      Face Amount*               Value  

CHINA/HONG KONG: 28.5%

             

Franshion Brilliant, Ltd.
5.750%b, 01/17/22c,d

   3,200,000     $3,097,509  

CIFI Holdings Group Co., Ltd.
6.550%, 03/28/24d

   2,600,000     2,544,168  

HSBC Holdings PLC
6.375%b, 03/30/25c

   2,400,000     2,544,000  

Wanda Properties International Co., Ltd.
7.250%, 01/29/24d

   2,400,000     2,374,680  

Standard Chartered PLC
6.500%b, 04/02/20c,d

   2,350,000     2,365,275  

Logan Property Holdings Co., Ltd.
5.250%, 02/23/23d

   1,500,000     1,445,289  

KWG Group Holdings, Ltd.
7.875%, 09/01/23d

   1,300,000     1,296,708  

KWG Group Holdings, Ltd.
5.875%, 11/10/24d

   1,400,000     1,249,594  

CITIC Telecom International Finance, Ltd.
6.100%, 03/05/25d

   462,000     480,393  

Wanda Group Overseas, Ltd.
7.500%, 07/24/22d

   407,000     398,289  
    

 

 

 

Total China/Hong Kong

        17,795,905  
    

 

 

 

    

INDONESIA: 25.0%

             

Indika Energy Capital III Pte, Ltd.
5.875%, 11/09/24d

   3,100,000     3,020,836  

PB International BV
7.625%, 01/26/22d

   2,800,000     2,853,119  

PT Indonesia Asahan Aluminium Perser
6.757%, 11/15/48d

   1,900,000     2,462,025  

PT Perusahaan Listrik Negara
5.250%, 05/15/47d

   2,100,000     2,385,322  

Listrindo Capital BV
4.950%, 09/14/26d

   2,200,000     2,230,800  

Theta Capital Pte, Ltd.
6.750%, 10/31/26d

   1,500,000     1,368,219  

Modernland Overseas Pte, Ltd.
6.950%, 04/13/24d

   1,400,000     1,281,684  
    

 

 

 

Total Indonesia

        15,602,005  
    

 

 

 

    

INDIA: 4.5%

             

ABJA Investment Co. Pte, Ltd.
5.450%, 01/24/28d

   2,900,000     2,825,146  
    

 

 

 

Total India

        2,825,146  
    

 

 

 

    

JAPAN: 4.5%

             

SoftBank Group Corp.
6.000%b, 07/19/23c,d

   3,000,000     2,775,000  
    

 

 

 

Total Japan

        2,775,000  
    

 

 

 

    

AUSTRALIA: 3.6%

             

Australia & New Zealand Banking Group, Ltd.
6.750%b, 06/15/26c,d

   2,000,000     2,215,000  
    

 

 

 

Total Australia

        2,215,000  
    

 

 

 

      Face Amount*               Value  

PHILIPPINES: 3.4%

             

Royal Capital BV
4.875%b, 05/05/24c,d

   2,100,000     $2,115,750  
    

 

 

 

Total Philippines

        2,115,750  
    

 

 

 

    

TOTAL NON-CONVERTIBLE CORPORATE BONDS

     43,328,806  
    

 

 

 

(Cost $42,374,418)

     

FOREIGN GOVERNMENT OBLIGATIONS: 15.6%

  

VIETNAM: 6.9%

             

Debt and Asset Trading Corp.
1.000%, 10/10/25d

   3,800,000     2,926,000  

Socialist Republic of Vietnam
5.500%, 03/12/28

    1,380,000     1,384,968  
    

 

 

 

Total Vietnam

        4,310,968  
    

 

 

 

    

SRI LANKA: 4.7%

             

Sri Lanka Government Bond
7.850%, 03/14/29d

   1,200,000     1,206,073  

Sri Lanka Government Bond
6.125%, 06/03/25d

   900,000     872,992  

Sri Lanka Government Bond
6.850%, 11/03/25d

   850,000     851,853  
    

 

 

 

Total Sri Lanka

        2,930,918  
    

 

 

 

    

PAKISTAN: 4.0%

             

Pakistan Government Bond
6.875%, 12/05/27d

   2,500,000     2,463,125  
    

 

 

 

Total Pakistan

        2,463,125  
    

 

 

 

    

TOTAL FOREIGN GOVERNMENT OBLIGATIONS

     9,705,011  
    

 

 

 

(Cost $9,638,790)

     

CONVERTIBLE CORPORATE BONDS: 4.2%

  

CHINA/HONG KONG: 4.2%

             

Weibo Corp., Cnv.
1.250%, 11/15/22

    1,600,000     1,493,600  

Luye Pharma Group, Ltd., Cnv.
1.500%, 07/09/24d

   1,100,000     1,154,307  
    

 

 

 

Total China/Hong Kong

        2,647,907  
    

 

 

 

    

TOTAL CONVERTIBLE CORPORATE BONDS

     2,647,907  
    

 

 

 

(Cost $2,602,896)

     
    

TOTAL INVESTMENTS: 89.3%

          55,681,724  

(Cost $54,616,104)

     

CASH AND OTHER ASSETS,

LESS LIABILITIES: 10.7%

        6,670,132  
    

 

 

 

NET ASSETS: 100.0%

        $62,351,856  
    

 

 

 

 


 

matthewsasia.com  |  800.789.ASIA   1

Matthews Asia Credit Opportunities Fund    September 30, 2019
Schedule of Investmentsa (unaudited) (continued)   
a

Certain securities were fair valued under the valuation policies approved by the Board of Trustees.

 

b

Security is a fix-to-float security, which carries a fixed coupon until a certain date, upon which it switches to a floating rate. Reference rate and spread are provided if the rate is currently floating.

 

c

Perpetual security with no stated maturity date. First call date is disclosed.

 

d

The securities may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

 

*

All Values in USD unless otherwise specified

 

Cnv.

Convertible

 

USD

U.S. Dollar

Other information regarding the Fund is available in the Funds’ most recent report to shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).

    

 


 

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