Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.75%
Stock 0.00%
Bond 90.73%
Convertible 0.00%
Preferred 0.00%
Other 8.53%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 97.83%
Corporate 0.00%
Securitized 0.00%
Municipal 0.00%
Other 2.17%
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Region Exposure

% Developed Markets: 0.00%    % Emerging Markets: 88.75%    % Unidentified Markets: 11.25%

Americas 22.56%
0.00%
22.56%
Brazil 10.28%
Chile 1.78%
Colombia 3.47%
Mexico 7.03%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 36.80%
United Kingdom 0.00%
0.00%
18.08%
Czech Republic 5.06%
Poland 5.02%
Turkey 4.27%
18.72%
Egypt 5.35%
Nigeria 3.55%
South Africa 7.87%
Greater Asia 29.40%
Japan 0.00%
0.00%
0.00%
29.40%
China 3.13%
India 9.59%
Indonesia 4.44%
Malaysia 7.73%
Thailand 4.50%
Unidentified Region 11.25%

Bond Credit Quality Exposure

AAA 0.00%
AA 5.58%
A 6.85%
BBB 14.82%
BB 23.84%
B 0.11%
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 48.80%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
11.98%
Less than 1 Year
11.98%
Intermediate
56.73%
1 to 3 Years
6.32%
3 to 5 Years
5.09%
5 to 10 Years
45.32%
Long Term
31.28%
10 to 20 Years
22.76%
20 to 30 Years
8.52%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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