Asset Allocation

As of October 31, 2025.
Type % Net
Cash 5.65%
Stock 0.00%
Bond 93.17%
Convertible 0.00%
Preferred 0.00%
Other 1.18%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 79.78%
Corporate 19.44%
Securitized 0.00%
Municipal 0.57%
Other 0.21%
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Region Exposure

% Developed Markets: 20.67%    % Emerging Markets: 73.56%    % Unidentified Markets: 5.77%

Americas 44.05%
7.52%
Canada 0.37%
United States 7.15%
36.53%
Argentina 2.70%
Brazil 2.09%
Chile 3.17%
Colombia 3.61%
Mexico 6.49%
Peru 1.85%
Venezuela 3.29%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 40.49%
United Kingdom 1.97%
4.29%
Austria 0.11%
Ireland 0.01%
Netherlands 0.86%
Spain 0.25%
10.39%
Czech Republic 0.22%
Poland 1.17%
Turkey 2.92%
23.84%
Egypt 2.90%
Israel 0.28%
Nigeria 2.41%
Qatar 1.15%
Saudi Arabia 2.80%
South Africa 1.84%
United Arab Emirates 2.81%
Greater Asia 9.70%
Japan 0.00%
0.00%
0.32%
Singapore 0.32%
9.38%
China 0.11%
Indonesia 2.26%
Kazakhstan 0.30%
Malaysia 0.87%
Pakistan 1.15%
Philippines 0.85%
Unidentified Region 5.77%

Bond Credit Quality Exposure

AAA 0.00%
AA 6.45%
A 7.48%
BBB 23.63%
BB 29.48%
B 16.31%
Below B 10.36%
    CCC 7.69%
    CC 0.00%
    C 1.74%
    DDD 0.00%
    DD 0.00%
    D 0.94%
Not Rated 1.75%
Not Available 4.54%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
6.78%
Less than 1 Year
6.78%
Intermediate
54.88%
1 to 3 Years
9.27%
3 to 5 Years
14.09%
5 to 10 Years
31.52%
Long Term
37.36%
10 to 20 Years
15.34%
20 to 30 Years
18.85%
Over 30 Years
3.17%
Other
0.99%
As of October 31, 2025
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