Holdings of Carmignac Portfolio Global Bond
Carmignac Gestion Luxembourg S.A. · 114 declared positions · as of Dec 31, 2025
Fund report · Net assets 589.9M € · Ten largest lines: 35.8 % of net assets
Country breakdown
- United States of America 11.1 %
- Ireland 10.9 %
- Hungary 7.3 %
- Italy 7.0 %
- South Africa 5.6 %
- Poland 4.9 %
- Romania 3.9 %
- Spain 3.9 %
- Norway 3.8 %
- Oman 3.7 %
- Egypt 3.5 %
- Others 34.4 %
Countries from the fund report. Weights in % of net assets.
Currency breakdown
- USD 50.2 %
- EUR 38.4 %
- PLN 3.6 %
- ZAR 3.0 %
- HUF 1.8 %
- BRL 1.3 %
- JPY 0.6 %
- NOK 0.5 %
- GBP 0.4 %
The quoted currency of each line, as declared.
Positions
| Rank | Company | Currency | Shares | Value | Weight |
|---|---|---|---|---|---|
| 1 | ISHARES USD HIGH YIELD CORP BOND UCITS ETF USD (DIST) Ireland | USD | 469,525 | 38.5M € | 6.53 % |
| 2 | UNITED STATES TREAS INFLATION BONDS 0.125% 15-04-26 United States of America | USD | 35,567,000 | 37.3M € | 6.32 % |
| 3 | ITALY BUONI POLIENNALI DEL TESORO 0.65% 28-10-27 Italy | EUR | 30,500,000 | 30.2M € | 5.12 % |
| 4 | HUNGARY GOVERNMENT INTL BOND 4.5% 16-06-34 Hungary | EUR | 20,162,000 | 20.4M € | 3.45 % |
| 5 | OMAN GOVERNMENT INTL BOND 6.75% 28-10-27 Oman | USD | 21,696,000 | 19.2M € | 3.26 % |
| 6 | REPUBLIC OF POLAND GOVERNMENT BOND 2.0% 25-08-36 Poland | PLN | 81,588,000 | 18.9M € | 3.20 % |
| 7 | SOUTH AFRICA GOVERNMENT BOND 9.0% 31-01-40 South Africa | ZAR | 303,368,178 | 15.6M € | 2.65 % |
| 8 | SPAIN GOVERNMENT BOND 2.5% 31-05-27 Spain | EUR | 13,273,000 | 13.3M € | 2.26 % |
| 9 | HUNGARY GOVERNMENT BOND 3.0% 21-08-30 Hungary | HUF | 4,151,030,000 | 9.4M € | 1.59 % |
| 10 | PETROBRAS GLOBAL FINANCE BV 7.375% 17-01-27 Netherlands | USD | 9,800,000 | 8.6M € | 1.46 % |
| 11 | SOUTH AFRICA GOVERNMENT INTL BD 4.85% 27-09-27 South Africa | USD | 9,611,000 | 8.3M € | 1.41 % |
| 12 | BRAZIL NOTAS DO TESOURO NACIONAL SERIE B 6.0% 15-05-27 Brazil | BRL | 10,000 | 6.9M € | 1.17 % |
| 13 | SPAIN IL BOND 1.15% 30-11-36 Spain | EUR | 6,772,000 | 6.8M € | 1.15 % |
| 14 | POLAND GOVERNMENT INTL BOND 5.5% 16-11-27 Poland | USD | 7,416,000 | 6.5M € | 1.10 % |
| 15 | MOROCCO GOVERNMENT INTL BOND 4.75% 02-04-35 Morocco | EUR | 6,251,000 | 6.4M € | 1.08 % |
| 16 | DEVELOPMENT BANK KAZAKHSTAN JSC 5.5% 15-04-27 Kazakhstan | USD | 7,213,000 | 6.2M € | 1.05 % |
| 17 | SVEAFASTIGHETER AB 4.75% 29-01-27 Sweden | EUR | 6,200,000 | 6.2M € | 1.05 % |
| 18 | DOMINICAN REPUBLIC INTL BOND 6.875% 29-01-26 Dominican Republic | USD | 7,176,000 | 6.1M € | 1.04 % |
| 19 | ARGENTINE REP GVT INTL BOND 4.125% 09-07-46 Argentina | USD | 9,510,875 | 5.8M € | 0.98 % |
| 20 | KBC GROUPE 6.0% PERP Belgium | EUR | 5,400,000 | 5.6M € | 0.94 % |
| 21 | ROMANIAN GOVERNMENT INTL BOND 5.5% 18-09-28 Romania | EUR | 4,801,000 | 5.1M € | 0.86 % |
| 22 | CARLYLE EURO CLO 20213 DAC E3R+3.5% 15-02-36 Ireland | EUR | 5,000,000 | 5M € | 0.85 % |
| 23 | OCP EURO 20171 DAC E3R+4.15% 15-07-32 Ireland | EUR | 5,000,000 | 5M € | 0.85 % |
| 24 | ASN BANK NV 4.625% 23-11-27 Netherlands | EUR | 4,800,000 | 4.9M € | 0.84 % |
| 25 | INTE 6.375% PERP Italy | EUR | 4,400,000 | 4.6M € | 0.78 % |
| 26 | BBVA BANCOMER SATEXAS 8.125% 08-01-39 United States of America | USD | 4,968,000 | 4.6M € | 0.78 % |
| 27 | COLOMBIA GOVERNMENT INTL BOND 7.375% 25-04-30 Colombia | USD | 5,022,000 | 4.5M € | 0.77 % |
| 28 | UBS GROUP AG 9.25% PERP Switzerland | USD | 4,652,000 | 4.4M € | 0.74 % |
| 29 | EGYPT GOVERNEMENT INTL BOND 5.875% 16-02-31 Egypt | USD | 4,982,000 | 4.3M € | 0.72 % |
| 30 | UKRAINE GOVERNMENT INTL BOND 4.5% 01-02-34 Ukraine | USD | 7,712,187 | 4M € | 0.68 % |
| 31 | IVORY COAST GOVERNMENT INT BOND 5.875% 17-10-31 Ivory coast | EUR | 3,897,000 | 3.9M € | 0.67 % |
| 32 | VAR ENERGI A 7.862% 15-11-83 Norway | EUR | 3,406,000 | 3.7M € | 0.64 % |
| 33 | IVORY COAST GOVERNMENT INT BOND 5.25% 22-03-30 Ivory coast | EUR | 3,709,000 | 3.7M € | 0.63 % |
| 34 | IVORY COAST GOVERNMENT INT BOND 4.875% 30-01-32 Ivory coast | EUR | 3,825,000 | 3.7M € | 0.63 % |
| 35 | CIBANCO SA INSTITUCION DE BANCA CIB3332 4.375% 22-07-31 Mexico | USD | 4,950,000 | 3.7M € | 0.63 % |
| 36 | PARATUS ENERGY SERVICES 9.5% 27-06-29 Norway | USD | 4,200,000 | 3.6M € | 0.61 % |
| 37 | EL SALVADOR GOVERNMENT INTERNATIO BOND 7.625% 01-02-41 El Salvador | USD | 4,068,000 | 3.5M € | 0.59 % |
| 38 | ANGOLAN GOVERNMENT INTL BOND 8.25% 09-05-28 Angola | USD | 3,991,000 | 3.4M € | 0.58 % |
| 39 | ALBANIA GOVERNMENT INTL BOND 3.5% 16-06-27 Albania | EUR | 3,380,000 | 3.4M € | 0.58 % |
| 40 | TURKCELL ILETISIM HIZMETLERI AS 7.65% 24-01-32 Turkey | USD | 3,750,000 | 3.4M € | 0.58 % |
| 41 | PETROLEOS MEXICANOS 10.0% 07-02-33 Mexico | USD | 3,436,000 | 3.4M € | 0.57 % |
| 42 | BRAZILIAN GOVERNMENT INTL BOND 6.625% 15-03-35 Brazil | USD | 3,847,000 | 3.4M € | 0.57 % |
| 43 | SERBIA INTL BOND 6.25% 26-05-28 Republic of Serbia | USD | 3,805,000 | 3.4M € | 0.57 % |
| 44 | DOMINICAN REPUBLIC INTL BOND 5.95% 25-01-27 Dominican Republic | USD | 3,842,000 | 3.3M € | 0.56 % |
| 45 | ROMANIAN GOVERNMENT INTL BOND 5.25% 25-11-27 Romania | USD | 3,800,000 | 3.3M € | 0.56 % |
| 46 | EGYPT GOVERNEMENT INTL BOND 3.875% 16-02-26 Egypt | USD | 3,863,000 | 3.3M € | 0.56 % |
| 47 | JAPAN 40 YEAR ISSUE 1.3% 20-03-63 Japan | JPY | 1,092,850,000 | 3.3M € | 0.56 % |
| 48 | SOUTHERN GAS CORRIDOR 6.875% 24-03-26 Azerbaijan | USD | 3,800,000 | 3.3M € | 0.55 % |
| 49 | EGYPT GOVERNEMENT INTL BOND 4.75% 16-04-26 Egypt | EUR | 3,249,000 | 3.3M € | 0.55 % |
| 50 | SOUTH AFRICA GOVERNMENT INTL BD 4.875% 14-04-26 South Africa | USD | 3,818,000 | 3.3M € | 0.55 % |
| 51 | CARNIVAL CORPORATION 4.0% 01-08-28 United States of America | USD | 3,840,000 | 3.2M € | 0.55 % |
| 52 | ZAMBIA GOVERNMENT INTL BOND 5.75% 30-06-33 Zambia | USD | 3,837,273 | 3.2M € | 0.55 % |
| 53 | BAHRAIN GOVERNMENT INTL BOND 7.0% 26-01-26 Bahrain | USD | 3,726,000 | 3.2M € | 0.54 % |
| 54 | VAR ENERGI A 8.0% 15-11-32 Norway | USD | 3,226,000 | 3.2M € | 0.53 % |
| 55 | BORR IHC LTD BORR FINANCE LLC 10.375% 15-11-30 United States of America | USD | 3,643,252 | 3.1M € | 0.53 % |
| 56 | THE EGYPTIAN FINANCIAL COMPANY FOR SAE 10.875% 28-02-26 Egypt | USD | 3,580,000 | 3.1M € | 0.52 % |
| 57 | ROMANIAN GOVERNMENT INTL BOND 2.625% 02-12-40 Romania | EUR | 4,667,000 | 3.1M € | 0.52 % |
| 58 | OTP BANK 7.5% 25-05-27 EMTN Hungary | USD | 3,559,000 | 3.1M € | 0.52 % |
| 59 | AFRICAN EX-IM BKREXIMBANK 2.634% 17-05-26 Egypt | USD | 3,616,000 | 3.1M € | 0.52 % |
| 60 | TIKEHAU CLO II DAC E3R+6.32% 07-09-35 Ireland | EUR | 3,000,000 | 3M € | 0.51 % |
| 61 | IWG US FINANCE LLC 6.5% 28-06-30 United States of America | EUR | 2,734,000 | 3M € | 0.50 % |
| 62 | LATVIA GOVERNMENT INTL BOND 3.875% 25-03-27 Latvia | EUR | 2,881,000 | 2.9M € | 0.50 % |
| 63 | SERBIA INTL BOND 3.125% 15-05-27 Republic of Serbia | EUR | 2,946,000 | 2.9M € | 0.50 % |
| 64 | ERSTE GR BK 6.375% PERP EMTN Austria | EUR | 2,800,000 | 2.9M € | 0.49 % |
| 65 | CONSTELLATION OIL SERVICES 9.375% 07-11-29 Luxembourg | USD | 3,300,000 | 2.9M € | 0.49 % |
| 66 | BELFIUS SANV 6.125% PERP Belgium | EUR | 2,800,000 | 2.9M € | 0.49 % |
| 67 | HUNGARY GOVERNMENT INTL BOND 1.75% 10-10-27 Hungary | EUR | 2,879,000 | 2.8M € | 0.48 % |
| 68 | SAMHALLSBYGGNAD FL.R 20-XX 30/04A Sweden | EUR | 3,805,000 | 2.8M € | 0.48 % |
| 69 | PARATUS ENERGY SERVICES LTD Norway | NOK | 730,708 | 2.7M € | 0.46 % |
| 70 | TGS A FIX 15-01-30 Norway | USD | 3,025,000 | 2.7M € | 0.46 % |
| 71 | RCI BANQUE 4.625% 13-07-26 France | EUR | 2,489,000 | 2.5M € | 0.42 % |
| 72 | ROMANIAN GOVERNMENT INTL BOND 5.625% 22-02-36 Romania | EUR | 2,504,000 | 2.5M € | 0.42 % |
| 73 | BORR IHC LTD BORR FINANCE LLC 10.0% 15-11-28 United States of America | USD | 2,840,976 | 2.4M € | 0.41 % |
| 74 | ROMANIAN GOVERNMENT INTL BOND 4.125% 11-03-39 Romania | EUR | 2,881,000 | 2.4M € | 0.41 % |
| 75 | PETROLEOS DEL PERU 4.75% 19-06-32 Peru | USD | 3,800,000 | 2.4M € | 0.41 % |
| 76 | SOTHEBYS BIDFAIR 5.875% 01-06-29 United States of America | USD | 3,000,000 | 2.4M € | 0.41 % |
| 77 | SOC NATLA DE GAZE NATURALE ROMGAZ 4.625% 04-11-31 Romania | EUR | 2,140,000 | 2.1M € | 0.36 % |
| 78 | RAIFFEISEN BANK INTL AG 7.375% PERP Austria | EUR | 2,000,000 | 2.1M € | 0.36 % |
| 79 | BENIN GOVERNMENT INTL BOND 6.875% 19-01-52 Benin | EUR | 2,343,000 | 2.1M € | 0.36 % |
| 80 | PINNACLE BID 8.25% 11-10-28 United Kingdom | EUR | 2,000,000 | 2.1M € | 0.36 % |
| 81 | MACEDONIA GOVERNMENT INT BOND 6.96% 13-03-27 Macedonia | EUR | 2,000,000 | 2.1M € | 0.35 % |
| 82 | BARCLAYS 8.375% PERP United Kingdom | GBP | 1,682,000 | 2.1M € | 0.35 % |
| 83 | SOUTH AFRICA GOVERNMENT INTL BD 5.65% 27-09-47 South Africa | USD | 2,800,000 | 2M € | 0.34 % |
| 84 | CARLYLE EURO CLO 20213 DAC E3R+6.46% 15-02-36 Ireland | EUR | 2,000,000 | 2M € | 0.34 % |
| 85 | EMEIS E6R+4.75% 31-12-31 France | EUR | 2,000,000 | 2M € | 0.34 % |
| 86 | HUNGARY GOVERNMENT INTL BOND 4.0% 25-07-29 Hungary | EUR | 1,946,000 | 2M € | 0.34 % |
| 87 | ODFJELL RIG III 7.25% 08-03-31 Norway | USD | 2,300,000 | 2M € | 0.34 % |
| 88 | AZULE ENERGY FINANCE 8.125% 23-01-30 United Kingdom | USD | 2,315,000 | 2M € | 0.34 % |
| 89 | FINNAIR 4.75% 24-05-29 Finland | EUR | 1,900,000 | 2M € | 0.33 % |
| 90 | BENIN GOVERNMENT INTL BOND 7.96% 13-02-38 Benin | USD | 2,000,000 | 1.8M € | 0.30 % |
| 91 | PALMER SQUARE EUROPEAN CLO 20221 DAC E3R+6.36% 21-01-35 Ireland | EUR | 1,700,000 | 1.7M € | 0.29 % |
| 92 | PARATUS ENERGY SERVICES 9.0% 15-07-26 Norway | USD | 1,954,971 | 1.7M € | 0.28 % |
| 93 | APA INFRASTRUCTURE 7.125% 09-11-83 Australia | EUR | 1,400,000 | 1.5M € | 0.26 % |
| 94 | PETROLEOS DEL PERU 5.625% 19-06-47 Peru | USD | 2,800,000 | 1.5M € | 0.26 % |
| 95 | INTL DESIGN GROUP 10.0% 15-11-28 Italy | EUR | 1,425,600 | 1.5M € | 0.26 % |
| 96 | EGYPT GOVERNEMENT INTL BOND 8.7002% 01-03-49 Egypt | USD | 1,718,000 | 1.5M € | 0.25 % |
| 97 | EUROBANK S A 6.625% PERP Greece | EUR | 1,245,000 | 1.3M € | 0.22 % |
| 98 | BANCA TRANSILVANIA 5.125% 30-09-30 Romania | EUR | 1,256,000 | 1.3M € | 0.22 % |
| 99 | FORD OTOMOTIV SANAYI AS 7.125% 25-04-29 Turkey | USD | 1,450,000 | 1.3M € | 0.22 % |
| 100 | AURIUM CLO IX DAC E3R+6.7% 28-10-34 Ireland | EUR | 1,250,000 | 1.3M € | 0.21 % |
| 101 | KAZTRANSGAS JSC 4.375% 26-09-27 Kazakhstan | USD | 1,400,000 | 1.2M € | 0.20 % |
| 102 | BANCO DEL ESTADO DE CHILE 7.95% PERP Chile | USD | 1,200,000 | 1.1M € | 0.18 % |
| 103 | SIERRACOL ENERGY ANDINA LLC 6.0% 15-06-28 United States of America | USD | 1,306,000 | 1.1M € | 0.18 % |
| 104 | PETROLEOS MEXICANOS 2.75% 21-04-27 Mexico | EUR | 1,061,000 | 1M € | 0.18 % |
| 105 | EMEIS SA France | EUR | 66,741 | 956.4K € | 0.16 % |
| 106 | PIRAEUS BANK 3.0% 03-12-28 Greece | EUR | 903,000 | 903.1K € | 0.15 % |
| 107 | IVORY COAST GOVERNMENT INT BOND 6.375% 03-03-28 Ivory coast | USD | 928,000 | 802.1K € | 0.14 % |
| 108 | MURPHY OIL CORPORATION 5.875% 01-12-42 United States of America | USD | 970,000 | 718.2K € | 0.12 % |
| 109 | UZBEKNEFTEGAZ JSC 8.75% 07-05-30 Uzbekistan | USD | 780,000 | 712.1K € | 0.12 % |
| 110 | BUFFALO ENERGY MEXI 7.875% 15-02-39 Mexico | USD | 721,311 | 673.1K € | 0.11 % |
| 111 | IVANHOE MINES 7.875% 23-01-30 Canada | USD | 500,000 | 440.2K € | 0.07 % |
| 112 | SOC NATLA DE GAZE NATURALE ROMGAZ 4.75% 07-10-29 Romania | EUR | 420,000 | 430.8K € | 0.07 % |
| 113 | MC BRAZIL DOWNSTREAM TRADING SARL 7.25% 30-06-31 Luxembourg | USD | 92,444 | 69.3K € | 0.01 % |
| 114 | UNITED STATES TREAS INFLATION BONDS 0.625% 15-07-32 United States of America | USD | 100 | 89.6 € | 0.00 % |
Source: report published by Carmignac Portfolio Global Bond.