Asset Allocation

As of November 30, 2025.
Type % Net
Cash -0.68%
Stock 0.00%
Bond 94.06%
Convertible 0.00%
Preferred 0.00%
Other 6.62%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 93.87%
Corporate 5.04%
Securitized 0.00%
Municipal 1.09%
Other 0.00%
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Region Exposure

% Developed Markets: 7.61%    % Emerging Markets: 89.88%    % Unidentified Markets: 2.50%

Americas 46.38%
3.40%
United States 3.40%
42.99%
Argentina 4.07%
Brazil 4.73%
Chile 2.48%
Colombia 5.14%
Mexico 7.19%
Peru 3.33%
Venezuela 0.90%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 44.60%
United Kingdom 0.00%
0.82%
21.09%
Czech Republic 1.91%
Poland 3.33%
Turkey 3.73%
22.69%
Egypt 2.16%
Nigeria 2.62%
Saudi Arabia 3.79%
South Africa 2.95%
United Arab Emirates 1.02%
Greater Asia 6.51%
Japan 0.00%
0.00%
1.25%
Hong Kong 1.25%
5.26%
Indonesia 1.47%
Pakistan 0.53%
Unidentified Region 2.50%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 11.52%
BBB 28.45%
BB 31.66%
B 17.67%
Below B 9.29%
    CCC 8.82%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.47%
Not Rated 0.95%
Not Available 0.46%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.20%
Less than 1 Year
0.20%
Intermediate
46.03%
1 to 3 Years
4.54%
3 to 5 Years
9.64%
5 to 10 Years
31.84%
Long Term
53.77%
10 to 20 Years
26.70%
20 to 30 Years
19.18%
Over 30 Years
7.89%
Other
0.00%
As of November 30, 2025
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