Asset Allocation

As of November 30, 2025.
Type % Net
Cash 4.90%
Stock 0.00%
Bond 94.95%
Convertible 0.00%
Preferred 0.00%
Other 0.15%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 58.90%
Corporate 39.74%
Securitized 0.00%
Municipal 0.61%
Other 0.75%
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Region Exposure

% Developed Markets: 32.81%    % Emerging Markets: 62.15%    % Unidentified Markets: 5.04%

Americas 37.95%
7.11%
Canada 1.04%
United States 6.07%
30.85%
Argentina 1.60%
Brazil 4.28%
Colombia 3.39%
Mexico 8.16%
Peru 3.35%
Venezuela 1.22%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 52.94%
United Kingdom 5.64%
9.84%
Ireland 0.28%
Netherlands 3.84%
11.92%
Czech Republic 2.06%
Poland 1.50%
Turkey 1.56%
25.54%
Egypt 4.18%
Israel 3.10%
Nigeria 2.32%
Saudi Arabia 1.73%
South Africa 4.88%
United Arab Emirates 0.53%
Greater Asia 4.07%
Japan 0.00%
0.00%
0.68%
Hong Kong 0.68%
3.39%
Pakistan 1.00%
Unidentified Region 5.04%

Bond Credit Quality Exposure

AAA 0.00%
AA 1.49%
A 4.11%
BBB 24.45%
BB 35.26%
B 21.26%
Below B 4.36%
    CCC 3.51%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.85%
Not Rated 1.28%
Not Available 7.80%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
6.82%
Less than 1 Year
6.82%
Intermediate
73.76%
1 to 3 Years
15.65%
3 to 5 Years
23.70%
5 to 10 Years
34.42%
Long Term
17.64%
10 to 20 Years
14.91%
20 to 30 Years
2.55%
Over 30 Years
0.18%
Other
1.79%
As of November 30, 2025
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