Brandes Separately Managed Account Reserve Trust (SMARX)
8.00
-0.01
(-0.12%)
USD |
Dec 05 2025
SMARX Asset Allocations & Exposures
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 1.56% |
| Stock | 0.00% |
| Bond | 98.44% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Bond Sector Exposure
As of September 30, 2025
| Type | % Net |
|---|---|
| Government | 38.59% |
| Corporate | 47.14% |
| Securitized | 5.37% |
| Municipal | 0.00% |
| Other | 8.90% |
Region Exposure
| Americas | 96.11% |
|---|---|
|
North America
|
94.75% |
| Canada | 1.85% |
| United States | 92.90% |
|
Latin America
|
1.36% |
As of September 30, 2025. Region breakdown data is
calculated by using the long position holdings of the portfolio.
| Greater Europe | 2.33% |
|---|---|
| United Kingdom | 0.00% |
|
Europe Developed
|
2.33% |
| Italy | 1.98% |
|
Europe Emerging
|
0.00% |
|
Africa And Middle East
|
0.00% |
| Greater Asia | 0.00% |
|---|---|
| Japan | 0.00% |
|
Australasia
|
0.00% |
|
Asia Developed
|
0.00% |
|
Asia Emerging
|
0.00% |
| Unidentified Region | 1.56% |
|---|
Bond Credit Quality Exposure
| AAA | 1.24% |
| AA | 39.77% |
| A | 5.18% |
| BBB | 17.01% |
| BB | 20.28% |
| B | 11.72% |
| Below B | 1.09% |
| CCC | 1.09% |
| CC | 0.00% |
| C | 0.00% |
| DDD | 0.00% |
| DD | 0.00% |
| D | 0.00% |
| Not Rated | 0.75% |
| Not Available | 2.95% |
| Short Term | 0.00% |
As of September 30, 2025
Bond Maturity Exposure
| Short Term |
|
12.18% |
| Less than 1 Year |
|
12.18% |
| Intermediate |
|
46.98% |
| 1 to 3 Years |
|
13.45% |
| 3 to 5 Years |
|
12.79% |
| 5 to 10 Years |
|
20.74% |
| Long Term |
|
35.14% |
| 10 to 20 Years |
|
21.87% |
| 20 to 30 Years |
|
13.27% |
| Over 30 Years |
|
0.00% |
| Other |
|
5.70% |
As of September 30, 2025