Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.33%
Stock 0.00%
Bond 96.82%
Convertible 0.00%
Preferred 0.00%
Other 1.85%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 77.09%
Corporate 21.34%
Securitized 0.00%
Municipal 0.78%
Other 0.79%
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Region Exposure

% Developed Markets: 15.69%    % Emerging Markets: 80.12%    % Unidentified Markets: 4.19%

Americas 43.73%
2.93%
Canada 0.38%
United States 2.55%
40.81%
Argentina 3.65%
Brazil 2.87%
Chile 2.63%
Colombia 2.78%
Mexico 4.46%
Peru 2.60%
Venezuela 1.59%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 37.49%
United Kingdom 0.50%
2.45%
Ireland 0.23%
Netherlands 0.68%
12.09%
Czech Republic 0.35%
Poland 1.07%
Turkey 3.17%
22.44%
Egypt 3.23%
Nigeria 2.17%
Saudi Arabia 0.62%
South Africa 0.85%
United Arab Emirates 3.55%
Greater Asia 14.59%
Japan 0.00%
0.37%
Australia 0.37%
0.64%
Hong Kong 0.64%
13.58%
China 0.01%
India 0.65%
Indonesia 3.82%
Kazakhstan 1.07%
Malaysia 0.96%
Pakistan 1.27%
Philippines 1.15%
Unidentified Region 4.19%

Bond Credit Quality Exposure

AAA 0.38%
AA 2.23%
A 5.96%
BBB 22.72%
BB 28.96%
B 18.69%
Below B 11.18%
    CCC 10.38%
    CC 0.00%
    C 0.18%
    DDD 0.00%
    DD 0.00%
    D 0.62%
Not Rated 1.66%
Not Available 8.23%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
6.48%
Less than 1 Year
6.48%
Intermediate
49.55%
1 to 3 Years
6.59%
3 to 5 Years
16.88%
5 to 10 Years
26.08%
Long Term
42.20%
10 to 20 Years
13.89%
20 to 30 Years
21.64%
Over 30 Years
6.67%
Other
1.77%
As of November 30, 2025
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