Asset Allocation

As of July 31, 2025.
Type % Net
Cash 0.17%
Stock 0.00%
Bond 99.02%
Convertible 0.00%
Preferred 0.00%
Other 0.81%
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Bond Sector Exposure

As of July 31, 2025
Type % Net
Government 93.88%
Corporate 4.75%
Securitized 0.00%
Municipal 1.36%
Other 0.00%
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Region Exposure

% Developed Markets: 10.02%    % Emerging Markets: 89.00%    % Unidentified Markets: 0.98%

Americas 43.75%
2.36%
United States 2.36%
41.39%
Argentina 3.17%
Brazil 1.79%
Chile 3.97%
Colombia 1.22%
Mexico 8.10%
Peru 3.12%
Venezuela 4.98%
As of July 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 40.86%
United Kingdom 0.00%
0.00%
12.65%
Poland 2.45%
Turkey 3.83%
28.21%
Egypt 3.42%
Nigeria 3.46%
Qatar 0.73%
Saudi Arabia 2.46%
South Africa 2.64%
United Arab Emirates 2.27%
Greater Asia 14.41%
Japan 0.00%
0.00%
0.00%
14.41%
Indonesia 3.94%
Kazakhstan 2.09%
Malaysia 2.04%
Pakistan 0.85%
Philippines 2.58%
Unidentified Region 0.98%

Bond Credit Quality Exposure

AAA 0.00%
AA 4.02%
A 8.94%
BBB 36.76%
BB 21.44%
B 13.72%
Below B 12.75%
    CCC 7.72%
    CC 0.00%
    C 3.16%
    DDD 0.00%
    DD 0.00%
    D 1.86%
Not Rated 0.00%
Not Available 2.38%
Short Term 0.00%
As of July 31, 2025
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Bond Maturity Exposure

Short Term
5.02%
Less than 1 Year
5.02%
Intermediate
50.21%
1 to 3 Years
8.97%
3 to 5 Years
14.87%
5 to 10 Years
26.37%
Long Term
44.77%
10 to 20 Years
16.81%
20 to 30 Years
21.19%
Over 30 Years
6.77%
Other
0.00%
As of July 31, 2025
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