Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.20%
Stock 0.00%
Bond 98.80%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 81.16%
Corporate 18.84%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 18.26%    % Emerging Markets: 81.74%    % Unidentified Markets: 0.00%

Americas 40.61%
1.92%
Canada 0.05%
United States 1.87%
38.69%
Argentina 2.58%
Brazil 2.04%
Chile 4.33%
Colombia 2.16%
Mexico 5.97%
Peru 2.77%
Venezuela 1.16%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 43.42%
United Kingdom 1.95%
2.24%
Netherlands 0.25%
14.40%
Poland 1.78%
Russia 0.00%
Turkey 4.86%
24.83%
Egypt 1.64%
Nigeria 1.79%
Saudi Arabia 3.30%
South Africa 1.42%
United Arab Emirates 3.76%
Greater Asia 15.96%
Japan 0.00%
0.00%
0.55%
Singapore 0.17%
South Korea 0.38%
15.42%
China 0.14%
India 1.00%
Indonesia 5.10%
Kazakhstan 2.75%
Malaysia 1.44%
Pakistan 1.28%
Philippines 1.48%
Unidentified Region 0.00%

Bond Credit Quality Exposure

AAA 0.00%
AA 3.36%
A 14.77%
BBB 38.17%
BB 24.44%
B 11.12%
Below B 6.60%
    CCC 4.80%
    CC 0.00%
    C 0.84%
    DDD 0.00%
    DD 0.00%
    D 0.96%
Not Rated 0.47%
Not Available 1.07%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
3.28%
Less than 1 Year
3.28%
Intermediate
61.05%
1 to 3 Years
8.91%
3 to 5 Years
12.90%
5 to 10 Years
39.25%
Long Term
35.66%
10 to 20 Years
15.06%
20 to 30 Years
17.79%
Over 30 Years
2.81%
Other
0.00%
As of November 30, 2025
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