Matthews Asia Strategic Income Fund

Portfolio Holdings: 9/30/2018

Security Currency Country Sector Quantity Value
Ctrip.com International, Ltd., Cnv., 1.250%, 09/15/2022 U.S. Dollar China/Hong Kong Consumer Discretionary 5,500,000 5,379,550
Debt and Asset Trading Corp., 1.000%, 10/10/2025 U.S. Dollar Vietnam Financials 6,969,000 4,756,343
Wanda Properties International Co., Ltd., 7.250%, 01/29/2024 U.S. Dollar China/Hong Kong Real Estate 5,000,000 4,737,880
China Overseas Finance Investment Cayman V, Ltd., Cnv., 0.000%, 01/05/2023 U.S. Dollar China/Hong Kong Real Estate 4,400,000 4,643,100
Zhongsheng Group Holdings, Ltd., Cnv., 0.000%, 05/23/2023 Hong Kong Dollar China/Hong Kong Consumer Discretionary 38,000,000 4,641,783
Standard Chartered PLC, 6.500%, 12/29/2049 U.S. Dollar China/Hong Kong Financials 4,350,000 4,337,368
KWG Group Holdings, Ltd., 6.000%, 09/15/2022 U.S. Dollar China/Hong Kong Real Estate 4,500,000 4,059,252
Chinalco Capital Holdings, Ltd., 4.000%, 08/25/2021 U.S. Dollar China/Hong Kong Materials 4,100,000 3,956,705
West China Cement, Ltd., 6.500%, 09/11/2019 U.S. Dollar China/Hong Kong Materials 3,500,000 3,534,972
ICTSI Treasury BV, 4.625%, 01/16/2023 U.S. Dollar Philippines Industrials 3,500,000 3,465,000
Olam International, Ltd., 4.500%, 04/12/2021 U.S. Dollar Singapore Consumer Staples 3,500,000 3,433,619
Krung Thai Bank Public Co., Ltd., 5.200%, 12/26/2024 U.S. Dollar Thailand Financials 3,400,000 3,430,705
LIC Housing Finance, Ltd., 7.830%, 09/25/2026 Indian Rupee India Financials 240,000,000 3,234,084
CIFI Holdings Group Co., Ltd., 6.875%, 04/23/2021 U.S. Dollar China/Hong Kong Real Estate 3,200,000 3,136,003
CP Foods Holdings, Ltd., Cnv., 0.500%, 09/22/2021 U.S. Dollar Thailand Consumer Staples 2,800,000 2,929,304
SoftBank Group Corp., 6.000%, 07/19/2049 U.S. Dollar Japan Telecom Services 3,150,000 2,890,736
China Railway Construction Corp., Ltd., Cnv., 1.500%, 12/21/2021 Chinese Renminbi China/Hong Kong Industrials 20,000,000 2,837,240
State Grid Corp. of China, 3.150%, 11/14/2021 Chinese Renminbi China/Hong Kong Utilities 20,000,000 2,822,716
Theta Capital Pte, Ltd., 6.750%, 10/31/2026 U.S. Dollar Indonesia Real Estate 3,500,000 2,677,080
DFCC Bank PLC, 9.625%, 10/31/2018 U.S. Dollar Sri Lanka Financials 2,650,000 2,655,512
Vipshop Holdings, Ltd., Cnv., 1.500%, 03/15/2019 U.S. Dollar China/Hong Kong Consumer Discretionary 2,700,000 2,647,688
Indonesia Treasury Bond, 7.875%, 04/15/2019 Indonesian Rupiah Indonesia Foreign Government Bonds 38,000,000,000 2,559,004
HSBC Holdings PLC, 6.375%, 12/29/2049 U.S. Dollar China/Hong Kong Financials 2,500,000 2,478,125
Johnson Electric Holdings, Ltd., Cnv., 1.000%, 04/02/2021 U.S. Dollar China/Hong Kong Industrials 2,000,000 2,145,000
PetroChina Co., Ltd., 3.150%, 03/03/2021 Chinese Renminbi China/Hong Kong Energy 15,000,000 2,134,846
National Savings Bank, 5.150%, 09/10/2019 U.S. Dollar Sri Lanka Financials 2,000,000 1,970,400
Sprint Communications, Inc., 6.000%, 11/15/2022 U.S. Dollar United States Telecom Services 1,863,000 1,900,260
Socialist Republic of Vietnam, 5.200%, 01/12/2022 Vietnam Foreign Government Bonds 43,000,000,000 1,895,124
Modernland Overseas Pte, Ltd., 6.950%, 04/13/2024 U.S. Dollar Indonesia Real Estate 1,900,000 1,650,243
China Mengniu Dairy Co., Ltd., Cnv., 0.000%, 06/05/2022 U.S. Dollar China/Hong Kong Consumer Staples 1,600,000 1,540,000
China National Petroleum Corp., 4.690%, 01/11/2022 Chinese Renminbi China/Hong Kong Energy 10,000,000 1,475,049
State Grid Corp. of China, 3.750%, 11/11/2020 Chinese Renminbi China/Hong Kong Utilities 10,000,000 1,445,383
Huaneng Power International, Inc., 3.480%, 06/13/2021 Chinese Renminbi China/Hong Kong Utilities 10,000,000 1,428,234
Alam Synergy Pte, Ltd., 6.950%, 03/27/2020 U.S. Dollar Indonesia Real Estate 1,500,000 1,425,000
Housing Development Finance Corp., Ltd., 8.950%, 03/21/2023 Indian Rupee India Financials 100,000,000 1,360,091
Power Finance Corp., Ltd., 7.470%, 09/16/2021 Indian Rupee India Financials 90,000,000 1,215,130
Franshion Brilliant, Ltd., 5.200%, 03/08/2021 Chinese Renminbi China/Hong Kong Real Estate 7,000,000 1,015,427
Theta Capital Pte, Ltd., 7.000%, 04/11/2022 U.S. Dollar Indonesia Real Estate 1,200,000 1,008,653
Listrindo Capital BV, 4.950%, 09/14/2026 U.S. Dollar Indonesia Utilities 1,000,000 926,000
Rural Electrification Corp., Ltd., 9.020%, 06/18/2019 Indian Rupee India Financials 50,000,000 693,187
Alam Synergy Pte, Ltd., 6.950%, 03/27/2020 U.S. Dollar Indonesia Real Estate 500,000 475,000
Korea Treasury Bond, 3.500%, 03/10/2024 Korean Won South Korea Foreign Government Bonds 400,000,000 383,141
Currency Contracts, Thai Baht on 10/11/18 @ 33.0510000 Thai Baht Thailand 201,611,100 136,658
Currency Contracts, Korean Won on 12/14/18 @ 1,114.7000000 Korean Won South Korea 4,403,065,000 25,165
Currency Contracts, Singapore Dollar on 10/18/18 @ 1.3736000 Singapore Dollar Singapore -9,237,800 -35,355
Currency Contracts, Singapore Dollar on 10/18/18 @ 1.3585000 Singapore Dollar Singapore 9,237,800 -39,397
Currency Contracts, Thai Baht on 10/11/18 @ 33.3700000 Thai Baht Thailand -201,611,100 -194,971
Net Cash n.a. 6,073,108


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