Asset Allocation

As of July 31, 2025.
Type % Net
Cash 0.63%
Stock 0.03%
Bond 98.25%
Convertible 0.00%
Preferred 0.00%
Other 1.10%
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Bond Sector Exposure

As of July 31, 2025
Type % Net
Government 46.43%
Corporate 52.83%
Securitized 0.00%
Municipal 0.23%
Other 0.51%
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Region Exposure

% Developed Markets: 55.47%    % Emerging Markets: 41.68%    % Unidentified Markets: 2.85%

Americas 63.47%
43.03%
Canada 2.45%
United States 40.58%
20.44%
Argentina 2.46%
Brazil 2.25%
Chile 2.15%
Colombia 2.16%
Mexico 2.28%
Peru 1.39%
As of July 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 25.46%
United Kingdom 1.32%
2.36%
Austria 0.02%
Denmark 0.01%
Finland 0.01%
France 0.35%
Germany 0.22%
Greece 0.02%
Ireland 0.33%
Italy 0.14%
Netherlands 0.41%
Norway 0.02%
Spain 0.04%
Switzerland 0.03%
7.44%
Poland 1.60%
Turkey 2.47%
14.34%
Egypt 1.11%
Nigeria 0.84%
Qatar 2.46%
Saudi Arabia 1.73%
South Africa 1.13%
United Arab Emirates 2.10%
Greater Asia 8.22%
Japan 0.51%
0.35%
Australia 0.35%
0.22%
Hong Kong 0.22%
7.14%
China 0.68%
India 0.35%
Indonesia 2.49%
Kazakhstan 0.35%
Malaysia 0.82%
Pakistan 0.20%
Philippines 1.91%
Unidentified Region 2.85%

Bond Credit Quality Exposure

AAA 0.00%
AA 4.73%
A 7.77%
BBB 16.77%
BB 38.87%
B 22.69%
Below B 8.07%
    CCC 7.86%
    CC 0.07%
    C 0.02%
    DDD 0.00%
    DD 0.00%
    D 0.12%
Not Rated 0.06%
Not Available 1.05%
Short Term 0.00%
As of July 31, 2025
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Bond Maturity Exposure

Short Term
0.95%
Less than 1 Year
0.95%
Intermediate
78.12%
1 to 3 Years
16.77%
3 to 5 Years
28.87%
5 to 10 Years
32.48%
Long Term
20.81%
10 to 20 Years
8.41%
20 to 30 Years
10.48%
Over 30 Years
1.92%
Other
0.13%
As of July 31, 2025
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