Asset Allocation

As of October 31, 2025.
Type % Net
Cash 4.56%
Stock 10.09%
Bond 88.20%
Convertible 0.00%
Preferred 0.10%
Other -2.94%
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Market Capitalization

Large --
Mid --
Small --
No Data Available
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Region Exposure

% Developed Markets: 24.06%    % Emerging Markets: 74.71%    % Unidentified Markets: 1.24%

Americas 30.98%
11.03%
Canada -0.05%
United States 11.08%
19.95%
Argentina 1.06%
Brazil 1.99%
Chile 0.55%
Colombia -0.04%
Mexico 4.81%
Peru 2.84%
Venezuela 2.36%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 46.49%
United Kingdom 0.80%
3.40%
Austria -0.00%
Belgium 0.08%
Finland -0.00%
France -0.02%
Germany -0.01%
Greece 0.80%
Ireland 1.20%
Italy -0.00%
Netherlands 0.23%
Norway -0.00%
Spain -0.00%
Switzerland 0.02%
16.03%
Poland 1.70%
Turkey 3.25%
26.27%
Egypt 7.85%
Israel 0.59%
Nigeria 5.34%
Saudi Arabia -0.04%
South Africa 2.72%
United Arab Emirates 0.04%
Greater Asia 21.29%
Japan -0.02%
5.73%
Australia -0.01%
0.89%
Hong Kong -0.00%
Singapore -0.00%
South Korea 0.90%
14.69%
China 0.02%
India 3.57%
Indonesia -2.73%
Kazakhstan 2.99%
Malaysia -0.02%
Pakistan -0.01%
Philippines 0.43%
Unidentified Region 1.24%

Bond Credit Quality Exposure

AAA 6.83%
AA 0.22%
A 4.85%
BBB 8.90%
BB 12.80%
B 13.70%
Below B 6.83%
    CCC 3.37%
    CC -0.00%
    C 0.56%
    DDD 0.00%
    DD 0.00%
    D 2.91%
Not Rated 2.30%
Not Available 43.56%
Short Term 0.00%
As of October 31, 2025
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Stock Sector Exposure

Cyclical
72.74%
Materials
8.17%
Consumer Discretionary
7.99%
Financials
50.01%
Real Estate
6.57%
Sensitive
22.19%
Communication Services
4.26%
Energy
2.35%
Industrials
9.90%
Information Technology
5.68%
Defensive
10.11%
Consumer Staples
6.74%
Health Care
1.60%
Utilities
1.77%
Not Classified
-5.05%
Non Classified Equity
9.72%
Not Classified - Non Equity
-14.77%
As of October 31, 2025
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 82.36%
Corporate 5.78%
Securitized 0.84%
Municipal 0.54%
Other 10.49%
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Bond Maturity Exposure

Short Term
17.87%
Less than 1 Year
17.87%
Intermediate
55.19%
1 to 3 Years
11.15%
3 to 5 Years
13.98%
5 to 10 Years
30.06%
Long Term
25.73%
10 to 20 Years
20.67%
20 to 30 Years
4.50%
Over 30 Years
0.56%
Other
1.21%
As of October 31, 2025
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