Portfolio concentration
As of January 31, 2026 · N-PORT
Holdings
900
Top-10 weight
6.89%
Effective holdings
?
The number of equal-weight positions that would produce this portfolio's concentration (1 ÷ Herfindahl index). A 500-stock fund dominated by a few mega-caps might have only ~100 effective holdings.
519
Crowding
?
The value-weighted average number of funds that also own this fund's positions. High = consensus/crowded picks; low = holdings few other funds own.
49.9
Holdings
As of January 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | ARGENTINA | — | 98,847,232 | $76.47M | 1.20% |
| 2 | Vanguard Market Liquidity Fund | — | 69,176,911 | $69.18M | 1.09% |
| 3 | REPUBLIC OF ARGENTINA SR UNSECURED 07/30 VAR | ARGENT | 55,987,122 | $47.44M | 0.75% |
| 4 | ARGENTINA | — | 55,310,250 | $44.50M | 0.70% |
| 5 | ARGENTINA | — | 50,868,862 | $36.81M | 0.58% |
| 6 | Eagle Funding LuxCo S.a.r.l. | — | 35,798,000 | $36.35M | 0.57% |
| 7 | Petroleos Mexicanos | — | 38,921,000 | $35.03M | 0.55% |
| 8 | PETROLEOS MEXICANOS SR UNSEC SF 6.7% 02-16-32 | PEMEX | 32,629,000 | $32.57M | 0.51% |
| 9 | State of Qatar | — | 27,360,000 | $26.63M | 0.42% |
| 10 | STATE OF QATAR 4.817000% 03/14/2049 | — | 28,483,000 | $26.44M | 0.42% |
| 11 | SAUDI INT BOND | — | 30,453,000 | $25.61M | 0.40% |
| 12 | SAUDI INTERNATIONAL BOND 5.125000% 01/13/2028 | — | 24,513,000 | $24.97M | 0.39% |
| 13 | State of Kuwait | KUWIB | 24,343,000 | $23.98M | 0.38% |
| 14 | SAUDI INT BOND | — | 24,086,000 | $23.85M | 0.37% |
| 15 | REPUBLIC OF ECUADOR 6.900000% 07/31/2035 | ECUA | 25,837,456 | $23.60M | 0.37% |
| 16 | PROVINCIA DE BUENOS AIRES/GOVERNMENT BONDS MTN 6.625000% 09/01/2037 | — | 27,713,495 | $22.44M | 0.35% |
| 17 | Presidencia da Republica | BRAZIL | 21,734,000 | $22.35M | 0.35% |
| 18 | Mexico Government International Bonds | — | 22,000,000 | $22.34M | 0.35% |
| 19 | PETROLEOS MEXICANOS SR UNSEC 6.75% 09-21-47 | PEMEX | 26,854,000 | $22.15M | 0.35% |
| 20 | QATAR STATE OF | — | 24,838,000 | $21.55M | 0.34% |
| 21 | SAUDI INT BOND | — | 21,952,000 | $21.28M | 0.33% |
| 22 | KSA SUKUK LTD | — | 20,593,000 | $20.50M | 0.32% |
| 23 | SAUDI INT BOND | — | 20,216,000 | $20.47M | 0.32% |
| 24 | UNITED MEXICAN | — | 18,167,000 | $19.26M | 0.30% |
| 25 | UNITED MEXICAN | — | 18,739,000 | $18.87M | 0.30% |
| 26 | UNITED MEXICAN | — | 18,772,000 | $18.56M | 0.29% |
| 27 | SAUDI INT BOND | — | 21,748,000 | $18.52M | 0.29% |
| 28 | UNITED MEXICAN | — | 18,030,000 | $18.48M | 0.29% |
| 29 | State of Qatar | — | 18,400,000 | $18.43M | 0.29% |
| 30 | United Arab Emirates Government Bond | — | 18,629,000 | $18.42M | 0.29% |
| 31 | SAUDI INT BOND | — | 18,275,000 | $18.36M | 0.29% |
| 32 | URUGUAY | — | 19,630,111 | $18.29M | 0.29% |
| 33 | SAUDI INT BOND | — | 17,350,000 | $18.17M | 0.29% |
| 34 | TURKIYE REP OF | — | 16,565,000 | $18.12M | 0.28% |
| 35 | State of Kuwait | — | 17,965,000 | $17.90M | 0.28% |
| 36 | PETROLEOS MEXICANOS SR UNSEC 5.95% 01-28-31 | PEMEX | 18,147,000 | $17.68M | 0.28% |
| 37 | SAUDI INT BOND | — | 17,253,000 | $17.35M | 0.27% |
| 38 | SAUDI INT BOND | — | 15,803,000 | $16.03M | 0.25% |
| 39 | SAUDI INT BOND | — | 15,647,000 | $15.82M | 0.25% |
| 40 | TURKIYE REP OF | TURKEY | 14,825,000 | $15.76M | 0.25% |
| 41 | SA Global Sukuk Ventures Private Placement Series 144A, 4.25%, 11/10/2035 | — | 16,068,000 | $15.75M | 0.25% |
| 42 | TURKIYE REP OF | TURKEY | 15,913,000 | $15.74M | 0.25% |
| 43 | QATAR ENERGY | — | 17,492,000 | $15.72M | 0.25% |
| 44 | REP OF POLAND | — | 16,118,000 | $15.28M | 0.24% |
| 45 | United Arab Emirates Government Bond | — | 19,300,000 | $15.27M | 0.24% |
| 46 | SAUDI INT BOND | — | 16,592,000 | $15.27M | 0.24% |
| 47 | PETROLEOS MEXICANOS SR UNSEC 6.95% 01-28-60 | PXTN | 18,685,000 | $15.22M | 0.24% |
| 48 | Presidencia da Republica | BRIH | 15,845,000 | $15.17M | 0.24% |
| 49 | SAUDI INT BOND | — | 14,591,000 | $15.14M | 0.24% |
| 50 | TURKIYE REP OF | — | 12,925,000 | $14.98M | 0.24% |
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