0001752724-19-172878.txt : 20191122 0001752724-19-172878.hdr.sgml : 20191122 20191121182901 ACCESSION NUMBER: 0001752724-19-172878 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190930 FILED AS OF DATE: 20191122 PERIOD START: 20191231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MATTHEWS INTERNATIONAL FUNDS CENTRAL INDEX KEY: 0000923184 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-08510 FILM NUMBER: 191238285 BUSINESS ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 550 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 BUSINESS PHONE: 8007898742 MAIL ADDRESS: STREET 1: FOUR EMBARCADERO CENTER STREET 2: SUITE 550 CITY: SAN FRANCISCO STATE: CA ZIP: 94111 0000923184 S000034706 MATTHEWS ASIA STRATEGIC INCOME FUND C000106892 Institutional Class Shares MINCX C000106893 Investor Class Shares MAINX NPORT-P 1 primary_doc.xml NPORT-P false 0000923184 XXXXXXXX S000034706 C000106893 C000106892 Matthews International Funds 811-08510 0000923184 5493007IYPQKGSDVTS49 Four Embarcadero Center Suite 550 San Francisco 94111 415-788-7553 Matthews Asia Strategic Income Fund S000034706 549300VUN8FB3XLZEI68 2019-12-31 2019-09-30 N 113722722.76 550758.06 113171964.70 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 5158603.38000000 USD INR MYR SGD CNY PHP VND IDR N REPUBLIC OF SRI LANKA 254900HXCCIOHM74FA02 Sri Lanka Government International Bond 000000000 5100000.00000000 PA USD 5125810.39000000 4.529222766069 Long DBT NUSS LK N 2 2029-03-14 Fixed 7.85000000 N N N N N N BANK OF AMERICA, NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 IRS THB 000000000 1.00000000 NC 126094.04000000 0.111418088688 N/A DIR CORP US N 2 BANK OF AMERICA, NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 Y 2024-06-21 0.00000000 USD 0.00000000 USD 281000000.00000000 THB 126094.04000000 N N N CHINA HUANENG GROUP N/A CHINA HUANENG GROUP CO LTD 000000000 20000000.00000000 PA 2809087.15000000 2.482140481917 Long DBT CORP CN N 2 2026-04-21 Fixed 3.95000000 N N N N N N BAJAJ FINANCE LTD 335800YTEXC3DO4Z6F68 Bajaj Finance Ltd 000000000 200000000.00000000 PA 2875158.04000000 2.540521451245 Long DBT CORP IN N 2 2022-06-07 Fixed 8.53830000 N N N N N N CIFI HOLDINGS GROUP CO LTD N/A CIFI HOLDINGS GROUP CO LTD 000000000 12000000.00000000 PA 1714333.73000000 1.514804249042 Long DBT CORP KY N 2 2020-09-20 Fixed 7.75000000 N N N N N N PB INTERNATIONAL BV N/A PB International BV 000000000 5100000.00000000 PA USD 5196752.25000000 4.591907778375 Long DBT CORP NL N 2 2022-01-26 Fixed 7.62500000 N N N N N N PERUSAHAAN LISTRIK NEGAR 254900OYVDRYS9J51J61 Perusahaan Listrik Negara PT 71568QAD9 2500000.00000000 PA USD 2839668.83000000 2.509162792682 Long DBT CORP ID N 2 2047-05-15 Fixed 5.25000000 N N N N N N MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 KRW/USD FORWARD 000000000 1.00000000 NC USD -90241.30000000 -0.07973821099 N/A DFE CORP US N 2 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 -5680000.00000000 USD 6677976000.00000000 KRW 2020-01-31 -90241.30000000 N N N SOFTBANK GROUP CORP 5493003BZYYYCDIO0R13 SoftBank Group Corp 000000000 4850000.00000000 PA USD 4486250.00000000 3.964100130180 Long DBT CORP JP N 2 N/A Floating 6.00000000 N N N N N N MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 USD/CNY FORWARD 000000000 1.00000000 NC USD -111609.25000000 -0.09861916800 N/A DFE CORP US N 2 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 -3112000.00000000 USD 21446348.00000000 CNY 2020-01-06 -111609.25000000 N N N ABJA INVESTMENT CO 254900E6OE5YJ9WCCU19 ABJA Investment Co Pte Ltd 000000000 4440000.00000000 PA USD 4325396.41000000 3.821968118575 Long DBT CORP SG N 2 2028-01-24 Fixed 5.45000000 N N N N N N WEIBO CORP 549300Q9ID4640FE0422 Weibo Corp 948596AC5 2400000.00000000 PA USD 2240400.00000000 1.979642224944 Long DBT CORP CN N 2 2022-11-15 Fixed 1.25000000 N N N N N Weibo Corp Weibo Corp USD XXXX N N N FRANSHION BRILLIANT LTD 549300E3ZP4GOU3D4G57 Franshion Brilliant Ltd 000000000 3400000.00000000 PA USD 3291102.90000000 2.908054931028 Long DBT CORP VG N 2 N/A Floating 5.75000000 N N N N N N MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 CNY/USD FORWARD 000000000 1.00000000 NC USD -19454.20000000 -0.01718994633 N/A DFE CORP US N 2 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 -21446348.00000000 CNY 2980936.55000000 USD 2020-01-06 -19454.20000000 N N N ICICI BANK UK PLC 2138002XB6T14IGKGU43 ICICI Bank UK PLC 000000000 2750000.00000000 PA 2006108.24000000 1.772619433901 Long DBT CORP GB N 2 2028-09-26 Floating 5.37500000 N N N N N N BANK OF AMERICA, NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 IRS INR 000000000 1.00000000 NC 52822.94000000 0.046674934150 N/A DIR CORP US N 2 BANK OF AMERICA, NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 Y 2024-06-19 0.00000000 USD 0.00000000 USD 204000000.00000000 INR 52822.94000000 N N N VIETNAM GOVERNMENT BOND 5493008AE7RS4XK4BZ08 Vietnam Government Bond 000000000 43000000000.00000000 PA 1945970.16000000 1.719480761121 Long DBT NUSS VN N 2 2022-01-12 Fixed 5.20000000 N N N N N N REPUBLIC OF PHILIPPINES 529900RAHBALMYIJ3T08 Philippine Government International Bond 718286BM8 70000000.00000000 PA 1621358.29000000 1.432650121695 Long DBT NUSS PH N 2 2036-01-14 Fixed 6.25000000 N N N N N N DEBT AND ASSET TRADING C N/A Debt and Asset Trading Corp 000000000 6969000.00000000 PA USD 5366130.00000000 4.741571832056 Long DBT NUSS VN N 2 2025-10-10 Fixed 1.00000000 N N N N N N INDIKA ENERGY III PTE N/A Indika Energy Capital III Pte Ltd 000000000 3300000.00000000 PA USD 3215728.66000000 2.841453418719 Long DBT CORP SG N 2 2024-11-09 Fixed 5.87500000 N N N N N N KOREA TREASURY BOND 549300O0QCVSQGPGDT58 Korea Treasury Bond 000000000 400000000.00000000 PA 364599.96000000 0.322164558127 Long DBT NUSS KR N 2 2024-03-10 Fixed 3.50000000 N N N N N N KWG GROUP HOLDINGS 549300LK82ZOM9ZE7H90 KWG Group Holdings Ltd 000000000 2050000.00000000 PA USD 2044809.48000000 1.806816277706 Long DBT CORP CN N 2 2023-09-01 Fixed 7.87500000 N N N N N N REPUBLIC OF PHILIPPINES 529900RAHBALMYIJ3T08 Philippine Government International Bond 718286BX4 123000000.00000000 PA 2369583.25000000 2.093789973763 Long DBT NUSS PH N 2 2022-11-26 Fixed 3.90000000 N N N N N N KWG GROUP HOLDINGS 549300LK82ZOM9ZE7H90 KWG Group Holdings Ltd 000000000 3400000.00000000 PA USD 3034727.26000000 2.681518579309 Long DBT CORP CN N 2 2024-11-10 Fixed 5.87500000 N N N N N N INDONESIA GOVERNMENT 529900FWX0GRR7WG5W79 Indonesia Treasury Bond 000000000 34550000000.00000000 PA 2597833.85000000 2.295474728998 Long DBT NUSS ID N 2 2029-05-15 Fixed 8.25000000 N N N N N N BANK OF AMERICA, NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 IRS THB 000000000 1.00000000 NC -25182.45000000 -0.02225149140 N/A DIR CORP US N 2 BANK OF AMERICA, NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 Y 2024-09-04 0.00000000 USD 0.00000000 USD 210000000.00000000 THB -25182.45000000 N N N MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 USD/SGD FORWARD 000000000 1.00000000 NC USD -45092.94000000 -0.03984462063 N/A DFE CORP US N 2 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 -4515000.00000000 USD 6169882.95000000 SGD 2020-01-31 -45092.94000000 N N N CITIC TELECOM INTL FIN N/A CITIC Telecom International Finance Ltd 000000000 2300000.00000000 PA USD 2391567.19000000 2.113215226350 Long DBT CORP VG N 2 2025-03-05 Fixed 6.10000000 N N N N N N MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 USD/THB FORWARD 000000000 1.00000000 NC USD 29081.70000000 0.025696911843 N/A DFE CORP US N 2 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 8NAV47T0Y26Q87Y0QP81 -4150000.00000000 USD 127529500.00000000 THB 2020-01-21 29081.70000000 N N N INDONESIA GOVERNMENT 529900FWX0GRR7WG5W79 Indonesia Treasury Bond 000000000 15000000000.00000000 PA 1112504.40000000 0.983021195177 Long DBT NUSS ID N 2 2039-04-15 Fixed 8.37500000 N N N N N N MALAYSIA GOVERNMENT 254900GSIL471JOBYY43 Malaysia Government Bond 000000000 13000000.00000000 PA 3436301.71000000 3.036354205839 Long DBT NUSS MY N 2 2033-11-07 Fixed 4.64200000 N N N N N N LUYE PHARMA GROUP LTD 5299009HZHEY886D5W65 Luye Pharma Group Ltd 000000000 2500000.00000000 PA USD 2623425.00000000 2.318087352246 Long DBT CORP CN N 2 2024-07-09 Fixed 1.50000000 N N N N N Luye Pharma Group Ltd Luye Pharma Group Ltd HKD XXXX N N N AGRICULTURAL BANK OF CHINA LTD N/A AGRICULTURAL BANK OF CHINA LTD 000000000 10000000.00000000 PA 1394116.12000000 1.231856426364 Long DBT CORP CN N 2 2029-04-11 Fixed 4.30000000 N N N N N N LOGAN PROPERTY HOLDINGS 549300NJ0E6Q0S1VOG90 Logan Property Holdings Co Ltd 000000000 3900000.00000000 PA USD 3757751.87000000 3.320391123332 Long DBT CORP CN N 2 2023-02-23 Fixed 5.25000000 N N N N N N ROYAL CAPITAL BV 72450057BWJ6BYW0TI63 Royal Capital BV 000000000 2800000.00000000 PA USD 2821000.00000000 2.492666807966 Long DBT CORP NL N 2 N/A Floating 4.87500000 N N N N N N J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 USD/INR FORWARD 000000000 1.00000000 NC USD -72891.56000000 -0.06440778879 N/A DFE CORP US N 2 J.P. MORGAN SECURITIES LLC ZBUT11V806EZRVTWT807 -200000000.00000000 INR 2701972.44000000 USD 2020-03-06 -72891.56000000 N N N LISTRINDO CAPITAL BV N/A Listrindo Capital BV 000000000 3500000.00000000 PA USD 3549000.00000000 3.135935661634 Long DBT CORP NL N 2 2026-09-14 Fixed 4.95000000 N N N N N N MALAYSIAN GOVERNMENT 254900GSIL471JOBYY43 MALAYSIA GOVERNMENT BOND 000000000 4800000.00000000 PA 1157926.92000000 1.023157036346 Long DBT NUSS MY N 2 2024-06-14 Fixed 3.47800000 N N N N N N INDONESIA GOVERNMENT 529900FWX0GRR7WG5W79 Indonesia Treasury Bond 000000000 38000000000.00000000 PA 2962313.49000000 2.617532971043 Long DBT NUSS ID N 2 2029-03-15 Fixed 9.00000000 N N N N N N STANDARD CHARTERED PLC U4LOSYZ7YG4W3S5F2G91 STANDARD CHARTERED PLC 000000000 2250000.00000000 PA USD 2264625.00000000 2.001047702938 Long DBT CORP GB N 2 N/A Floating 6.50000000 N N N N N N BANK OF AMERICA, NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 IRS MYR 000000000 1.00000000 NC 17018.48000000 0.015037717198 N/A DIR CORP US N 2 BANK OF AMERICA, NATIONAL ASSOCIATION B4TYDEB6GKMZO031MB27 Y 2024-06-19 0.00000000 USD 0.00000000 USD 13000000.00000000 MYR 17018.48000000 N N N WANDA PROPERTIES INTL N/A Wanda Properties International Co Ltd 000000000 5300000.00000000 PA USD 5244085.00000000 4.633731519905 Long DBT CORP CN N 2 2024-01-29 Fixed 7.25000000 N N N N N N HSBC HOLDINGS PLC MLU0ZO3ML4LN2LL2TL39 HSBC Holdings PLC 404280AT6 4900000.00000000 PA USD 5194000.00000000 4.589475859828 Long DBT CORP GB N 2 N/A Floating 6.37500000 N N N N N N MODERNLAND OVERSEAS PTE N/A Modernland Overseas Pte Ltd 000000000 1900000.00000000 PA USD 1739428.95000000 1.536978663055 Long DBT CORP SG N 2 2024-04-13 Fixed 6.95000000 N N N N N N HOUSING DEV FINANCE CORP 335800OX2H9AP7NHLT64 Housing Development Finance Corp Ltd 000000000 190000000.00000000 PA 2855486.96000000 2.523139867342 Long DBT CORP IN N 2 2028-11-29 Fixed 9.00000000 N N N N N N CIFI HOLDINGS GROUP 549300WGKSV867C0JF48 CIFI Holdings Group Co Ltd 000000000 4500000.00000000 PA USD 4403367.18000000 3.890863953517 Long DBT CORP CN N 2 2024-03-28 Fixed 6.55000000 N N N N N N 2019-11-13 Matthews International Funds Shai Malka Shai Malka Treasurer XXXX NPORT-EX 2 MIMA940_MAT_Asia_Strat_Incm.htm NPORT-EX
Matthews Asia Strategic Income Fund    September 30, 2019
Schedule of Investmentsa (unaudited)   
NON-CONVERTIBLE CORPORATE BONDS: 64.9%   

 

     

Face Amount*

                   Value  

CHINA/HONG KONG: 33.2%

             

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

   5,300,000     $5,244,085  

HSBC Holdings PLC
6.375%c, 03/30/25d

   4,900,000     5,194,000  

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

   4,500,000     4,403,367  

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

   3,900,000     3,757,752  

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

   3,400,000     3,291,103  

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

   3,400,000     3,034,727  

China Huaneng Group Co., Ltd.
3.950%, 04/21/26

    CNY 20,000,000     2,809,087  

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

   2,300,000     2,391,567  

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

   2,250,000     2,264,625  

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

   2,050,000     2,044,810  

CIFI Holdings Group Co., Ltd.
7.750%, 09/20/20b

   CNY 12,000,000     1,714,334  

Agricultural Bank of China, Ltd.
4.300%, 04/11/29b

   CNY 10,000,000     1,394,116  
    

 

 

 

Total China/Hong Kong

        37,543,573  
    

 

 

 

    

INDONESIA: 14.6%

             

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

   5,100,000     5,196,752  

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

   3,500,000     3,549,000  

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

   3,300,000     3,215,729  

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

   2,500,000     2,839,669  

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

   1,900,000     1,739,429  
    

 

 

 

Total Indonesia

        16,540,579  
    

 

 

 

    

INDIA: 10.6%

             

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

   4,440,000     4,325,396  

Bajaj Finance, Ltd., Series 246
8.538%, 06/07/22

    INR 200,000,000     2,875,158  

Housing Development Finance Corp., Ltd.
9.000%, 11/29/28

    INR 190,000,000     2,855,487  

ICICI Bank UK PLC
5.375%c, 09/26/28b

   SGD 2,750,000     2,006,108  
    

 

 

 

Total India

        12,062,149  
    

 

 

 

    

JAPAN: 4.0%

             

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

   4,850,000     4,486,250  
    

 

 

 

Total Japan

        4,486,250  
    

 

 

 

    

Face Amount*

                  Value  

PHILIPPINES: 2.5%

             

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

   2,800,000     $2,821,000  
    

 

 

 

Total Philippines

        2,821,000  
    

 

 

 

    

TOTAL NON-CONVERTIBLE CORPORATE BONDS

     73,453,551  
 

 

 

 

(Cost $72,415,106)

     
             

FOREIGN GOVERNMENT OBLIGATIONS: 24.8%

  

VIETNAM: 6.5%

             

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

   6,969,000     5,366,130  

Vietnam Government Bond
5.200%, 01/12/22

    VND 43,000,000,000     1,945,970  
    

 

 

 

Total Vietnam

        7,312,100  
    

 

 

 

    

INDONESIA: 5.9%

             

Indonesia Government Bond
9.000%, 03/15/29

    IDR 38,000,000,000     2,962,314  

Indonesia Government Bond
8.250%, 05/15/29

    IDR 34,550,000,000     2,597,834  

Indonesia Government Bond
8.375%, 04/15/39

    IDR 15,000,000,000     1,112,504  
    

 

 

 

Total Indonesia

        6,672,652  
    

 

 

 

    

SRI LANKA: 4.5%

             

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

   5,100,000     5,125,810  
    

 

 

 

Total Sri Lanka

        5,125,810  
    

 

 

 

    

MALAYSIA: 4.1%

             

Malaysia Government Bond
4.642%, 11/07/33

    MYR 13,000,000     3,436,302  

Malaysia Government Bond
3.478%, 06/14/24

    MYR 4,800,000     1,157,927  
    

 

 

 

Total Malaysia

        4,594,229  
    

 

 

 

    

PHILIPPINES: 3.5%

             

Republic of Philippines
3.900%, 11/26/22

    PHP 123,000,000     2,369,583  

Republic of Philippines
6.250%, 01/14/36

    PHP 70,000,000     1,621,359  
    

 

 

 

Total Philippines

        3,990,942  
    

 

 

 

    

SOUTH KOREA: 0.3%

             

Korea Treasury Bond
3.500%, 03/10/24

    KRW 400,000,000     364,600  
    

 

 

 

Total South Korea

        364,600  
    

 

 

 

    

TOTAL FOREIGN GOVERNMENT OBLIGATIONS

     28,060,333  
 

 

 

 

(Cost $27,101,950)

     
             

CONVERTIBLE CORPORATE BONDS: 4.3%

  

CHINA/HONG KONG: 4.3%

             

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

   2,500,000     2,623,425  
 


 

matthewsasia.com  |  800.789.ASIA   1

Matthews Asia Strategic Income Fund    September 30, 2019
Schedule of Investmentsa (unaudited) (continued)   
CONVERTIBLE CORPORATE BONDS (continued)

 

     

Face Amount*  

   Value  

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

    2,400,000     $2,240,400  
    

 

 

 

Total China/Hong Kong

        4,863,825  
    

 

 

 

    

TOTAL CONVERTIBLE CORPORATE BONDS

     4,863,825  
    

 

 

 

(Cost $4,797,178)

     
    

TOTAL INVESTMENTS: 94.0%

          106,377,709  

(Cost $104,314,234)

     
CASH AND OTHER ASSETS,
LESS LIABILITIES: 6.0%		        6,768,562  
    

 

 

 

NET ASSETS: 100.0%

        $113,146,271  
    

 

 

 

 

a

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

 

b

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

 

c

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.

 

d

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

 

*

All Values in USD unless otherwise specified

3M MYR-KLIBOR    Three Month Kuala Lumpur Interbank Offered Rate
6M INR-MIBOR    Six Month Mumbai Inter-Bank Offered Rate
6M THB-THBFIX    Six Month Thai Baht Interest Rate Fixing
Cnv.    Convertible
CNY    Chinese Renminbi (Yuan)
IDR    Indonesian Rupiah
INR    Indian Rupee
KRW    Korean Won
MYR    Malaysian Ringgit
PHP    Philippine Peso
SGD    Singapore Dollar
THB    Thai Baht
USD    U.S. Dollar
VND    Vietnamese Dong
 

 

FORWARD FOREIGN CURRENCY EXCHANGE CONTRACTS

                    Unrealized  
Currency              Settlement    Appreciation  
Purchased        Currency Sold                Counterparty    Date    (Depreciation)  

 

  

THB 127,529,500

    USD 4,150,000    Merrill Lynch & Co., Inc.    01/21/20        $29,082   
             

 

 

  

CNY 21,446,348

    USD 3,112,000    Merrill Lynch & Co., Inc.    01/06/20             (111,609)  

USD 2,980,937

    CNY 21,446,348    Merrill Lynch & Co., Inc.    01/06/20        (19,454)  

KRW 6,677,976,000

    USD 5,680,000    Merrill Lynch & Co., Inc.    01/31/20        (90,242)  

SGD 6,169,883

    USD 4,515,000    Merrill Lynch & Co., Inc.    01/31/20        (45,093)  

USD 2,701,972

    INR 200,000,000    JPMorgan Chase & Co.    03/06/20        (72,892)  
             

 

 

  
             

 

 

 

(339,290)

 

 

             

 

 

  

Net Unrealized Depreciation

              

 

 

 

($310,208)

 

 

             

 

 

  

OTC INTEREST RATE SWAPS

Floating Rate

Paid by Fund

  

 

  

Fixed Rate

Received by Fund

       Termination     Notional
Amount		           Upfront
Premium
Paid		     Unrealized
Appreciation		  
Rate   Frequency       Rate   Frequency   Counterparty   Date     (000)         Value         (Received)       (Depreciation)  

 

  

6M INR-MIBOR, (29.740%)

   Semi-annual     5.460%   Semi-annual   Bank of America, N.A.     06/19/2024       INR 204,000       $52,823       —       $52,823   

3M MYR-KLIBOR, 3.390%

   Quarterly     3.300%   Quarterly   Bank of America, N.A.     06/19/2024       MYR 13,000       17,018       —       17,018   

6M THB-THBFIX, 1.675%

   Semi-annual     1.610%   Semi-annual   Bank of America, N.A.     06/21/2024       THB 281,000       126,094       —       126,094   

6M THB-THBFIX, 1.271%

   Semi-annual     1.265%   Semi-annual   Bank of America, N.A.     09/04/2024       THB 210,000       (25,182 )      —       (25,182)  
               

 

 

  

Total

                

 

 

 

    $170,753

 

 

     —       $170,753   
               

 

 

  

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).



 

2   MATTHEWS ASIA FUNDS