Asset Allocation

As of October 31, 2025.
Type % Net
Cash 2.01%
Stock 0.00%
Bond 97.99%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 93.59%
Corporate 3.96%
Securitized 0.00%
Municipal 2.45%
Other 0.00%
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Region Exposure

% Developed Markets: 12.02%    % Emerging Markets: 87.98%    % Unidentified Markets: 0.00%

Americas 42.07%
3.30%
Canada 0.02%
United States 3.28%
38.77%
Argentina 2.83%
Brazil 3.03%
Chile 2.09%
Colombia 3.59%
Mexico 5.51%
Peru 2.44%
Venezuela 0.62%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 45.03%
United Kingdom 0.00%
0.00%
11.87%
Poland 1.87%
Turkey 3.84%
33.17%
Egypt 4.18%
Nigeria 2.93%
Qatar 2.70%
Saudi Arabia 2.82%
South Africa 3.39%
United Arab Emirates 3.02%
Greater Asia 12.89%
Japan 0.00%
0.00%
0.00%
12.89%
China 0.00%
India 1.52%
Indonesia 3.12%
Kazakhstan 0.94%
Malaysia 1.48%
Pakistan 1.10%
Philippines 2.14%
Unidentified Region 0.00%

Bond Credit Quality Exposure

AAA 0.00%
AA 6.56%
A 8.81%
BBB 30.90%
BB 26.72%
B 15.59%
Below B 10.50%
    CCC 10.10%
    CC 0.00%
    C 0.40%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.23%
Not Available 0.68%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
4.84%
Less than 1 Year
4.84%
Intermediate
51.13%
1 to 3 Years
13.52%
3 to 5 Years
11.75%
5 to 10 Years
25.85%
Long Term
44.04%
10 to 20 Years
22.66%
20 to 30 Years
20.55%
Over 30 Years
0.83%
Other
0.00%
As of October 31, 2025
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