Asset Allocation

As of September 30, 2025.
Type % Net
Cash 8.57%
Stock 0.00%
Bond 88.30%
Convertible 0.00%
Preferred 0.00%
Other 3.13%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 83.43%
Corporate 16.57%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 13.67%    % Emerging Markets: 74.90%    % Unidentified Markets: 11.43%

Americas 34.07%
0.72%
United States 0.72%
33.35%
Argentina 1.90%
Brazil 1.67%
Chile 2.99%
Colombia 4.35%
Mexico 7.19%
Peru 2.52%
Venezuela 0.88%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 41.35%
United Kingdom 2.20%
2.69%
Ireland 0.31%
Netherlands 0.41%
15.91%
Poland 1.74%
Turkey 6.40%
20.56%
Egypt 1.54%
Nigeria 1.57%
Saudi Arabia 3.51%
South Africa 1.10%
United Arab Emirates 3.47%
Greater Asia 13.15%
Japan 0.00%
0.00%
0.82%
South Korea 0.82%
12.33%
China 0.11%
India 1.15%
Indonesia 4.62%
Kazakhstan 2.67%
Malaysia 1.04%
Pakistan 0.61%
Philippines 1.17%
Unidentified Region 11.43%

Bond Credit Quality Exposure

AAA 0.00%
AA 3.35%
A 12.22%
BBB 39.27%
BB 26.96%
B 9.37%
Below B 6.57%
    CCC 5.83%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.74%
Not Rated 1.48%
Not Available 0.79%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
2.01%
Less than 1 Year
2.01%
Intermediate
54.80%
1 to 3 Years
9.24%
3 to 5 Years
12.14%
5 to 10 Years
33.42%
Long Term
43.18%
10 to 20 Years
14.32%
20 to 30 Years
26.34%
Over 30 Years
2.52%
Other
0.00%
As of September 30, 2025
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