Brandes Separately Managed Account Reserve Trust (SMARX)
7.98
0.00 (0.00%)
USD |
Feb 06 2026
SMARX Asset Allocations & Exposures
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 2.06% |
| Stock | 0.00% |
| Bond | 97.94% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Bond Sector Exposure
As of December 31, 2025
| Type | % Net |
|---|---|
| Government | 45.95% |
| Corporate | 40.48% |
| Securitized | 5.11% |
| Municipal | 0.00% |
| Other | 8.46% |
Region Exposure
| Americas | 95.68% |
|---|---|
|
North America
|
94.38% |
| Canada | 1.81% |
| United States | 92.56% |
|
Latin America
|
1.31% |
As of December 31, 2025. Region breakdown data is
calculated by using the long position holdings of the portfolio.
| Greater Europe | 2.26% |
|---|---|
| United Kingdom | 0.00% |
|
Europe Developed
|
2.26% |
| Italy | 1.92% |
|
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 | 2.06% |
|---|
Bond Credit Quality Exposure
| AAA | 1.14% |
| AA | 46.83% |
| A | 5.02% |
| BBB | 13.70% |
| BB | 17.84% |
| B | 10.22% |
| Below B | 2.16% |
| CCC | 2.16% |
| CC | 0.00% |
| C | 0.00% |
| DDD | 0.00% |
| DD | 0.00% |
| D | 0.00% |
| Not Rated | 0.00% |
| Not Available | 3.10% |
| Short Term | 0.00% |
As of December 31, 2025
Bond Maturity Exposure
| Short Term |
|
10.62% |
| Less than 1 Year |
|
10.62% |
| Intermediate |
|
44.24% |
| 1 to 3 Years |
|
10.39% |
| 3 to 5 Years |
|
10.56% |
| 5 to 10 Years |
|
23.30% |
| Long Term |
|
39.80% |
| 10 to 20 Years |
|
25.44% |
| 20 to 30 Years |
|
14.37% |
| Over 30 Years |
|
0.00% |
| Other |
|
5.34% |
As of December 31, 2025