Asset Allocation

As of October 31, 2025.
Type % Net
Cash 3.32%
Stock 0.00%
Bond 96.37%
Convertible 0.00%
Preferred 0.00%
Other 0.30%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 91.24%
Corporate 8.72%
Securitized 0.00%
Municipal 0.04%
Other 0.00%
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Region Exposure

% Developed Markets: 11.46%    % Emerging Markets: 86.94%    % Unidentified Markets: 1.60%

Americas 44.85%
1.78%
Canada 0.33%
United States 1.45%
43.07%
Argentina 3.26%
Brazil 3.48%
Chile 2.37%
Colombia 3.60%
Mexico 8.04%
Peru 2.79%
Venezuela 1.01%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 45.46%
United Kingdom 0.19%
2.24%
Belgium 0.00%
Denmark 0.02%
Finland 0.01%
France 0.08%
Germany 0.04%
Ireland 0.02%
Netherlands 0.54%
Norway 0.03%
Spain 0.49%
Sweden 0.12%
13.40%
Poland 0.94%
Turkey 4.59%
29.62%
Egypt 3.66%
Nigeria 2.52%
Saudi Arabia 2.95%
South Africa 3.43%
United Arab Emirates 1.60%
Greater Asia 8.09%
Japan 0.01%
0.13%
Australia 0.13%
0.04%
Singapore 0.04%
7.91%
India 0.20%
Indonesia 2.47%
Kazakhstan 0.48%
Pakistan 1.11%
Philippines 1.14%
Unidentified Region 1.60%

Bond Credit Quality Exposure

AAA 0.01%
AA 1.13%
A 5.28%
BBB 33.38%
BB 30.78%
B 18.22%
Below B 9.85%
    CCC 8.17%
    CC 0.00%
    C 0.48%
    DDD 0.00%
    DD 0.00%
    D 1.20%
Not Rated 0.59%
Not Available 0.77%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
1.14%
Less than 1 Year
1.14%
Intermediate
55.73%
1 to 3 Years
8.04%
3 to 5 Years
14.93%
5 to 10 Years
32.76%
Long Term
42.50%
10 to 20 Years
14.61%
20 to 30 Years
25.11%
Over 30 Years
2.79%
Other
0.62%
As of October 31, 2025
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