Asset Allocation

As of December 31, 2025.
Type % Net
Cash -0.02%
Stock 0.00%
Bond 99.83%
Convertible 0.00%
Preferred 0.00%
Other 0.19%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 89.28%
Corporate 9.25%
Securitized 0.00%
Municipal 1.47%
Other 0.00%
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Region Exposure

% Developed Markets: 19.81%    % Emerging Markets: 80.00%    % Unidentified Markets: 0.19%

Americas 41.20%
0.10%
United States 0.10%
41.10%
Argentina 3.88%
Brazil 3.42%
Chile 2.28%
Colombia 3.01%
Mexico 9.56%
Peru 1.83%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 44.60%
United Kingdom 0.00%
0.98%
13.24%
Poland 2.11%
Turkey 6.39%
30.39%
Egypt 2.02%
Nigeria 1.51%
Qatar 3.89%
Saudi Arabia 7.60%
South Africa 1.81%
United Arab Emirates 4.59%
Greater Asia 14.01%
Japan 0.00%
0.00%
0.29%
Hong Kong 0.29%
13.72%
China 1.12%
Indonesia 6.19%
Kazakhstan 0.63%
Malaysia 1.10%
Pakistan 0.37%
Philippines 3.01%
Unidentified Region 0.19%

Bond Credit Quality Exposure

AAA 0.00%
AA 9.36%
A 19.43%
BBB 34.02%
BB 20.73%
B 9.33%
Below B 6.22%
    CCC 6.09%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.12%
Not Rated 0.02%
Not Available 0.90%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
61.66%
1 to 3 Years
11.91%
3 to 5 Years
17.80%
5 to 10 Years
31.95%
Long Term
38.19%
10 to 20 Years
15.75%
20 to 30 Years
19.35%
Over 30 Years
3.10%
Other
0.15%
As of December 31, 2025
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