Asset Allocation

As of November 30, 2025.
Type % Net
Cash 3.63%
Stock 0.00%
Bond 96.87%
Convertible 0.00%
Preferred 0.00%
Other -0.50%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 87.95%
Corporate 10.29%
Securitized 0.00%
Municipal 1.76%
Other 0.00%
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Region Exposure

% Developed Markets: 10.75%    % Emerging Markets: 89.22%    % Unidentified Markets: 0.03%

Americas 48.44%
5.39%
Canada 0.11%
United States 5.28%
43.05%
Argentina 4.32%
Brazil 0.67%
Chile 2.92%
Colombia 7.14%
Mexico 7.34%
Peru 1.99%
Venezuela 1.36%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 40.42%
United Kingdom 1.04%
1.53%
Netherlands 0.13%
16.77%
Poland 1.18%
Turkey 7.12%
21.07%
Egypt 2.28%
Nigeria 3.19%
South Africa 3.27%
United Arab Emirates 1.67%
Greater Asia 11.12%
Japan 0.00%
0.00%
0.00%
11.12%
India 0.73%
Indonesia 0.61%
Kazakhstan 1.71%
Malaysia 0.86%
Pakistan 1.01%
Philippines 1.89%
Unidentified Region 0.03%

Bond Credit Quality Exposure

AAA 0.00%
AA 4.85%
A 3.47%
BBB 31.37%
BB 31.30%
B 16.67%
Below B 9.58%
    CCC 8.19%
    CC 0.00%
    C 0.33%
    DDD 0.00%
    DD 0.00%
    D 1.06%
Not Rated 1.08%
Not Available 1.68%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.64%
Less than 1 Year
0.64%
Intermediate
53.32%
1 to 3 Years
6.11%
3 to 5 Years
8.46%
5 to 10 Years
38.75%
Long Term
46.03%
10 to 20 Years
25.99%
20 to 30 Years
17.79%
Over 30 Years
2.25%
Other
0.00%
As of November 30, 2025
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