Matthews Asia Strategic Income Fund

Portfolio Holdings: 3/31/2018

Security Currency Country Sector Quantity Value
Wanda Properties International Co., Ltd., 7.250%, 01/29/2024 U.S. Dollar China/Hong Kong Real Estate 5,000,000 5,099,415
Debt and Asset Trading Corp., 1.000%, 10/10/2025 U.S. Dollar Vietnam Financials 6,969,000 4,891,506
Malaysia Government Investment Issue, 3.508%, 05/15/2018 Malaysian Ringgit Malaysia Foreign Government Bonds 17,300,000 4,473,884
Theta Capital Pte, Ltd., 6.750%, 10/31/2026 U.S. Dollar Indonesia Real Estate 4,700,000 4,289,671
Malaysia Government Investment Issue, 3.226%, 04/15/2020 Malaysian Ringgit Malaysia Foreign Government Bonds 16,600,000 4,260,488
Standard Chartered PLC, 6.500%, 12/29/2049 U.S. Dollar China/Hong Kong Financials 3,700,000 3,778,625
LIC Housing Finance, Ltd., 7.830%, 09/25/2026 Indian Rupee India Financials 240,000,000 3,663,375
Delta Investment Horizon International, Ltd., Cnv., 3.000%, 05/26/2020 U.S. Dollar Indonesia Telecom Services 3,500,000 3,508,750
CP Foods Holdings, Ltd., Cnv., 0.500%, 09/22/2021 U.S. Dollar Thailand Consumer Staples 2,800,000 3,482,500
Ctrip.com International, Ltd., Cnv., 1.250%, 09/15/2022 U.S. Dollar China/Hong Kong Consumer Discretionary 3,300,000 3,428,007
Indonesia Treasury Bond, 8.375%, 03/15/2034 Indonesian Rupiah Indonesia Foreign Government Bonds 42,000,000,000 3,309,969
Indonesia Treasury Bond, 8.375%, 03/15/2024 Indonesian Rupiah Indonesia Foreign Government Bonds 40,500,000,000 3,213,951
PetroChina Co., Ltd., 3.030%, 01/19/2021 Chinese Renminbi China/Hong Kong Energy 20,000,000 3,025,564
Harvest International Co., Cnv., 0.000%, 11/21/2022 Hong Kong Dollar China/Hong Kong Consumer Discretionary 22,000,000 3,016,953
China Hongqiao Group, Ltd., 6.875%, 05/03/2018 U.S. Dollar China/Hong Kong Materials 3,000,000 2,999,553
State Grid Corp. of China, 3.150%, 11/14/2021 Chinese Renminbi China/Hong Kong Utilities 20,000,000 2,992,733
SoftBank Group Corp., 6.000%, 07/19/2049 U.S. Dollar Japan Telecom Services 3,150,000 2,968,875
Tsinghua Unic, Ltd., 4.750%, 01/31/2021 U.S. Dollar China/Hong Kong Industrials 3,000,000 2,943,903
Vipshop Holdings, Ltd., Cnv., 1.500%, 03/15/2019 U.S. Dollar China/Hong Kong Consumer Discretionary 2,700,000 2,898,053
Bangkok Dusit Medical Services Public Co., Ltd., Cnv., 0.000%, 09/18/2019 Thai Baht Thailand Health Care 80,000,000 2,874,960
Indonesia Treasury Bond, 7.875%, 04/15/2019 Indonesian Rupiah Indonesia Foreign Government Bonds 38,000,000,000 2,827,015
Indonesia Treasury Bond, 7.000%, 05/15/2027 Indonesian Rupiah Indonesia Foreign Government Bonds 38,000,000,000 2,805,666
DFCC Bank PLC, 9.625%, 10/31/2018 U.S. Dollar Sri Lanka Financials 2,650,000 2,711,295
HSBC Holdings PLC, 6.375%, 12/29/2049 U.S. Dollar China/Hong Kong Financials 2,500,000 2,571,875
PetroChina Co., Ltd., 3.150%, 03/03/2021 Chinese Renminbi China/Hong Kong Energy 15,000,000 2,255,626
Socialist Republic of Vietnam, 5.200%, 01/12/2022 Vietnam Foreign Government Bonds 43,000,000,000 2,041,828
National Savings Bank, 5.150%, 09/10/2019 U.S. Dollar Sri Lanka Financials 2,000,000 1,998,200
Modernland Overseas Pte, Ltd., 6.950%, 04/13/2024 U.S. Dollar Indonesia Real Estate 1,900,000 1,865,078
Sprint Communications, Inc., 6.000%, 11/15/2022 U.S. Dollar United States Telecom Services 1,863,000 1,828,069
China Southern Power Grid Co., Ltd., 3.140%, 03/11/2021 Chinese Renminbi China/Hong Kong Utilities 12,000,000 1,816,565
Housing Development Finance Corp., Ltd., 9.240%, 06/24/2024 Indian Rupee India Financials 100,000,000 1,608,981
Housing Development Finance Corp., Ltd., 8.950%, 03/21/2023 Indian Rupee India Financials 100,000,000 1,579,572
China National Petroleum Corp., 4.690%, 01/11/2022 Chinese Renminbi China/Hong Kong Energy 10,000,000 1,562,644
China Government Bond, 3.550%, 12/12/2021 Chinese Renminbi China/Hong Kong Foreign Government Bonds 10,000,000 1,562,178
State Grid Corp. of China, 3.750%, 11/11/2020 Chinese Renminbi China/Hong Kong Utilities 10,000,000 1,545,633
Huaneng Power International, Inc., 3.480%, 06/13/2021 Chinese Renminbi China/Hong Kong Utilities 10,000,000 1,516,352
Alam Synergy Pte, Ltd., 6.950%, 03/27/2020 U.S. Dollar Indonesia Real Estate 1,500,000 1,504,500
Malaysia Government Investment Issue, 3.872%, 08/30/2018 Malaysian Ringgit Malaysia Foreign Government Bonds 5,500,000 1,425,901
Power Finance Corp., Ltd., 7.470%, 09/16/2021 Indian Rupee India Financials 90,000,000 1,358,606
Listrindo Capital BV, 4.950%, 09/14/2026 U.S. Dollar Indonesia Utilities 1,000,000 945,000
Rural Electrification Corp., Ltd., 9.020%, 06/18/2019 Indian Rupee India Financials 50,000,000 779,982
Alam Synergy Pte, Ltd., 6.950%, 03/27/2020 U.S. Dollar Indonesia Real Estate 500,000 501,500
Korea Treasury Bond, 3.500%, 03/10/2024 Korean Won South Korea Foreign Government Bonds 400,000,000 394,918
Currency Contracts, Thai Bhat on 04/12/18 @ 32.0000000 Thai Baht Thailand 168,000,000 124,929
Currency Contracts, Korean Won on 06/15/18 @ 1,061.9000000 Korean Won South Korea 11,149,950,000 17,092
Currency Contracts, Korean Won on 04/09/18 @ 1,063.8499993 Korean Won South Korea -5,306,000,000 2,456
Currency Contracts, Indian Rupee on 07/30/18 @ 66.1700000 Indian Rupee India -103,512,000 -4,925
Currency Contracts, Korean Won on 04/09/18 @ 1,061.2000000 Korean Won South Korea 5,306,000,000 -14,911
Currency Contracts, Korean Won on 06/15/18 @ 1,068.7999996 Korean Won South Korea -2,975,000,000 -22,647
Currency Contracts, Indian Rupee on 07/30/18 @ 64.6950000 Indian Rupee India 103,512,000 -30,741
Currency Contracts, Singapore Dollar on 04/26/18 @ 1.3052500 Singapore Dollar Singapore 11,747,250 -35,002
Net Cash n.a. 4,555,215


The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or a recommendation to buy or sell securities or other investments.

Portfolio holdings are subject to change without notice and may not represent current or future portfolio composition.

Unlike the Fund’s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year.

You should carefully consider the investment objectives, risks, charges and expenses of the Matthews Asia Funds before making an investment decision. A prospectus with this and other information about the Funds may be obtained by visiting matthewsasia.com. Please read the prospectus carefully before investing as it explains the risks associated with investing in international and emerging markets. 

Matthews Asia Funds are distributed in the United States by Foreside Funds Distributors LLC
Matthews Asia Funds are distributed in Latin America by HMC Partners