Matthews Asia Strategic Income Fund

Portfolio Holdings: 6/30/2018

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 5,644,485
Debt and Asset Trading Corp., 1.000%, 10/10/2025 U.S. Dollar Vietnam Financials 6,969,000 4,860,878
Wanda Properties International Co., Ltd., 7.250%, 01/29/2024 U.S. Dollar China/Hong Kong Real Estate 5,000,000 4,787,500
China Overseas Finance Investment Cayman V, Ltd., Cnv., 0.000%, 01/05/2023 U.S. Dollar China/Hong Kong Real Estate 4,400,000 4,609,000
KWG Property Holding, Ltd., 6.000%, 09/15/2022 U.S. Dollar China/Hong Kong Real Estate 4,500,000 4,157,267
Malaysia Government Investment Issue, 3.226%, 04/15/2020 Malaysian Ringgit Malaysia Foreign Government Bonds 16,600,000 4,075,846
Standard Chartered PLC, 6.500%, 12/29/2049 U.S. Dollar China/Hong Kong Financials 3,700,000 3,671,984
LIC Housing Finance, Ltd., 7.830%, 09/25/2026 Indian Rupee India Financials 240,000,000 3,430,765
CIFI Holdings Group Co., Ltd., 6.875%, 04/23/2021 U.S. Dollar China/Hong Kong Real Estate 3,200,000 3,159,376
Malaysia Government Investment Issue, 4.194%, 07/15/2022 Malaysian Ringgit Malaysia Foreign Government Bonds 12,000,000 2,993,652
Harvest International Co., Cnv., 0.000%, 11/21/2022 Hong Kong Dollar China/Hong Kong Consumer Discretionary 22,000,000 2,947,831
CP Foods Holdings, Ltd., Cnv., 0.500%, 09/22/2021 U.S. Dollar Thailand Consumer Staples 2,800,000 2,947,000
PetroChina Co., Ltd., 3.030%, 01/19/2021 Chinese Renminbi China/Hong Kong Energy 20,000,000 2,900,068
Indonesia Treasury Bond, 8.375%, 03/15/2024 Indonesian Rupiah Indonesia Foreign Government Bonds 40,500,000,000 2,887,003
State Grid Corp. of China, 3.150%, 11/14/2021 Chinese Renminbi China/Hong Kong Utilities 20,000,000 2,877,681
Tsinghua Unic, Ltd., 4.750%, 01/31/2021 U.S. Dollar China/Hong Kong Industrials 3,000,000 2,845,389
SoftBank Group Corp., 6.000%, 07/19/2049 U.S. Dollar Japan Telecom Services 3,150,000 2,746,882
DFCC Bank PLC, 9.625%, 10/31/2018 U.S. Dollar Sri Lanka Financials 2,650,000 2,685,802
Vipshop Holdings, Ltd., Cnv., 1.500%, 03/15/2019 U.S. Dollar China/Hong Kong Consumer Discretionary 2,700,000 2,659,770
Indonesia Treasury Bond, 7.875%, 04/15/2019 Indonesian Rupiah Indonesia Foreign Government Bonds 38,000,000,000 2,658,409
Theta Capital Pte, Ltd., 6.750%, 10/31/2026 U.S. Dollar Indonesia Real Estate 3,500,000 2,462,880
HSBC Holdings PLC, 6.375%, 12/29/2049 U.S. Dollar China/Hong Kong Financials 2,500,000 2,453,125
PetroChina Co., Ltd., 3.150%, 03/03/2021 Chinese Renminbi China/Hong Kong Energy 15,000,000 2,163,185
Johnson Electric Holdings, Ltd., Cnv., 1.000%, 04/02/2021 U.S. Dollar China/Hong Kong Industrials 2,000,000 2,132,500
Socialist Republic of Vietnam, 5.200%, 01/12/2022 Vietnam Foreign Government Bonds 43,000,000,000 1,994,295
National Savings Bank, 5.150%, 09/10/2019 U.S. Dollar Sri Lanka Financials 2,000,000 1,970,800
Unigroup International Holdings, Ltd., 6.000%, 12/10/2020 U.S. Dollar China/Hong Kong Information Technology 2,000,000 1,969,810
Sprint Communications, Inc., 6.000%, 11/15/2022 U.S. Dollar United States Telecom Services 1,863,000 1,846,699
China Southern Power Grid Co., Ltd., 3.140%, 03/11/2021 Chinese Renminbi China/Hong Kong Utilities 12,000,000 1,750,838
Modernland Overseas Pte, Ltd., 6.950%, 04/13/2024 U.S. Dollar Indonesia Real Estate 1,900,000 1,634,800
China National Petroleum Corp., 4.690%, 01/11/2022 Chinese Renminbi China/Hong Kong Energy 10,000,000 1,518,168
China Government Bond, 3.550%, 12/12/2021 Chinese Renminbi China/Hong Kong Foreign Government Bonds 10,000,000 1,497,682
Housing Development Finance Corp., Ltd., 8.950%, 03/21/2023 Indian Rupee India Financials 100,000,000 1,480,685
State Grid Corp. of China, 3.750%, 11/11/2020 Chinese Renminbi China/Hong Kong Utilities 10,000,000 1,478,387
Huaneng Power International, Inc., 3.480%, 06/13/2021 Chinese Renminbi China/Hong Kong Utilities 10,000,000 1,464,322
Malaysia Government Investment Issue, 3.872%, 08/30/2018 Malaysian Ringgit Malaysia Foreign Government Bonds 5,500,000 1,362,363
Alam Synergy Pte, Ltd., 6.950%, 03/27/2020 U.S. Dollar Indonesia Real Estate 1,500,000 1,357,500
Power Finance Corp., Ltd., 7.470%, 09/16/2021 Indian Rupee India Financials 90,000,000 1,274,309
Franshion Brilliant, Ltd., 5.200%, 03/08/2021 Chinese Renminbi China/Hong Kong Real Estate 7,000,000 1,052,537
Theta Capital Pte, Ltd., 7.000%, 04/11/2022 U.S. Dollar Indonesia Real Estate 1,200,000 957,521
Listrindo Capital BV, 4.950%, 09/14/2026 U.S. Dollar Indonesia Utilities 1,000,000 895,000
Zhongsheng Group Holdings, Ltd., Cnv., 0.000%, 05/23/2023 Hong Kong Dollar China/Hong Kong Consumer Discretionary 7,000,000 888,874
Rural Electrification Corp., Ltd., 9.020%, 06/18/2019 Indian Rupee India Financials 50,000,000 738,238
Alam Synergy Pte, Ltd., 6.950%, 03/27/2020 U.S. Dollar Indonesia Real Estate 500,000 452,500
Korea Treasury Bond, 3.500%, 03/10/2024 Korean Won South Korea Foreign Government Bonds 400,000,000 378,728
Currency Contracts, Singapore Dollar on 07/18/18 @ 1.3438000 Singapore Dollar Singapore -10,714,940 106,547
Currency Contracts, Indian Rupee on 07/30/18 @ 66.1700000 Indian Rupee India -103,512,000 58,921
Currency Contracts, Indian Rupee on 07/30/18 @ 64.6950000 Indian Rupee India 103,512,000 -94,586
Currency Contracts, Korean Won on 09/14/18 @ 1,071.9000000 Korean Won South Korea 8,146,440,000 -267,481
Currency Contracts, Thai Baht on 07/11/18 @ 31.1525000 Thai Baht Thailand 233,643,750 -445,518
Currency Contracts, Singapore Dollar on 07/18/18 @ 1.3067000 Singapore Dollar Singapore 21,429,880 -665,870
Net Cash n.a. 11,287,345


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