Asset Allocation

As of July 31, 2025.
Type % Net
Cash 1.62%
Stock 1.16%
Bond 95.99%
Convertible 0.00%
Preferred 0.00%
Other 1.23%
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Bond Sector Exposure

As of July 31, 2025
Type % Net
Government 18.48%
Corporate 80.82%
Securitized 0.00%
Municipal 0.00%
Other 0.70%
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Region Exposure

% Developed Markets: 46.40%    % Emerging Markets: 49.99%    % Unidentified Markets: 3.61%

Americas 33.77%
1.81%
Canada 1.04%
United States 0.77%
31.97%
Argentina 4.16%
Brazil 1.85%
Chile 3.23%
Colombia 0.35%
Mexico 3.20%
Peru 2.00%
Venezuela 10.12%
As of July 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 39.80%
United Kingdom 9.16%
15.89%
Austria 1.37%
Netherlands 5.04%
Spain 1.98%
5.22%
Czech Republic 1.06%
Turkey 4.16%
9.52%
Israel 1.83%
Saudi Arabia 0.93%
South Africa 2.28%
United Arab Emirates 1.91%
Greater Asia 22.82%
Japan 0.00%
0.00%
8.74%
Hong Kong 3.15%
Singapore 2.30%
South Korea 3.30%
14.08%
China 5.03%
India 2.18%
Indonesia 1.11%
Kazakhstan 2.67%
Unidentified Region 3.61%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 7.65%
BBB 26.75%
BB 25.71%
B 22.60%
Below B 8.86%
    CCC 0.80%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 8.05%
Not Rated 2.89%
Not Available 5.55%
Short Term 0.00%
As of July 31, 2025
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Bond Maturity Exposure

Short Term
1.29%
Less than 1 Year
1.29%
Intermediate
63.16%
1 to 3 Years
2.88%
3 to 5 Years
21.34%
5 to 10 Years
38.94%
Long Term
25.53%
10 to 20 Years
12.43%
20 to 30 Years
10.57%
Over 30 Years
2.52%
Other
10.03%
As of July 31, 2025
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