<p><span style="font-size: 8pt;font-family: Arial;">The Fund seeks to provide high current income generation and, where appropriate, capital appreciation by investing principally in a portfolio of high yield (i.e. sub-investment grade) fixed and floating rate corporate debt instruments, focusing primarily on North American and European high yield instruments which are listed or traded on recognized markets in Europe or North America.</span></p>


Baring International Fund Mgrs (Ireland) Limited

Barings LLC

Global High Yield Bond

Morningstar Gbl HY Bd GR USD

Fixed Income

ICE BofA NFincl Dv Mkts HY Cstd TR USD

Barings Global High Yield Bond G USD Acc

Barings Global High Yield Bond A USD Acc

2024

2023

2022

2021

2020

FixedIncome

United States

United Kingdom

France

Germany

Italy

Ireland

Canada

Other countries

Unclassified

Bond - Corporate Bond

Mutual Fund - Open End

Bond - Asset Backed

Bond - Bank Loans

BlackRock ICS USD Liquidity Core Inc

Regal Rexnord Corporation 0.064% (2033-04-15 Maturity)

Barings USD Liquidity F USD Dis

EchoStar Corp. 0.1075% (2029-11-30 Maturity)

Alpha Generation LLC 0.0675% (2032-10-15 Maturity)

Time Warner Cable Enterprises LLC 0.08375% (2033-07-15 Maturity)

Clydesdale Acquisition Holdings Inc. 0.0875% (2030-04-15 Maturity)

Radiology Partners Inc. 0.09898% (2030-02-15 Maturity)

Level 3 Financing, Inc. 0.11% (2029-11-15 Maturity)

1375209 B C Ltd. 0.09% (2028-01-30 Maturity)