Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.31%
Stock 0.00%
Bond 92.81%
Convertible 0.00%
Preferred 0.00%
Other 5.88%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 85.31%
Corporate 13.11%
Securitized 0.03%
Municipal 0.00%
Other 1.55%
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Region Exposure

% Developed Markets: 11.42%    % Emerging Markets: 85.08%    % Unidentified Markets: 3.50%

Americas 45.06%
7.27%
United States 7.27%
37.79%
Brazil 10.10%
Chile 1.86%
Colombia 5.14%
Mexico 10.32%
Peru 7.54%
Venezuela 1.84%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 25.04%
United Kingdom 3.01%
0.87%
12.86%
Czech Republic 2.71%
Poland 4.16%
Turkey 0.93%
8.30%
South Africa 7.46%
Greater Asia 26.40%
Japan 0.00%
0.00%
0.27%
South Korea 0.27%
26.13%
China 7.47%
Indonesia 7.86%
Malaysia 5.88%
Philippines 0.28%
Thailand 4.63%
Unidentified Region 3.50%

Bond Credit Quality Exposure

AAA 7.44%
AA 5.28%
A 5.05%
BBB 28.02%
BB 25.23%
B 0.54%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 28.44%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.28%
Less than 1 Year
1.28%
Intermediate
64.39%
1 to 3 Years
5.37%
3 to 5 Years
16.16%
5 to 10 Years
42.87%
Long Term
34.11%
10 to 20 Years
30.65%
20 to 30 Years
3.47%
Over 30 Years
0.00%
Other
0.22%
As of November 30, 2025
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