Inception Date: |
04/24/2007
|
Fund Assets ($MM): |
352 |
Gross Expense Ratio (%): |
2.20 |
Net Expense Ratio (%): |
2.20 |
Annual Management Fee (%): |
1.00 |
Distribution Frequency: |
Quarterly |
Premium/Discount (%): |
-4.76 |
SEC 30-Day Yield Subsidized (%): as of
06/30/2025
|
9.14 |
SEC 30-Day Yield Unsubsidized (%): as of
06/30/2025
|
9.14 |
Number of Shares Repurchased: During Month
05/31/2025
|
0 |
Number of Shares Repurchased: Year-to-Date
05/31/2025
|
0 |
Number of Shares Outstanding: as of
05/31/2025
|
64,456,047 |
Listed Leverage (%): |
12.11 |
|
|
Inception Date: |
04/24/2007
|
Fund Assets ($MM): |
352 |
Gross Expense Ratio (%): |
2.20 |
Net Expense Ratio (%): |
2.20 |
Annual Management Fee (%): |
1.00 |
Distribution Frequency: |
Quarterly |
Premium/Discount (%): |
-4.76 |
SEC 30-Day Yield Subsidized (%): as of
06/30/2025
|
9.14 |
SEC 30-Day Yield Unsubsidized (%): as of
06/30/2025
|
9.14 |
Number of Shares Repurchased: During Month
05/31/2025
|
0 |
Number of Shares Repurchased: Year-to-Date
05/31/2025
|
0 |
Number of Shares Outstanding: as of
05/31/2025
|
64,456,047 |
Listed Leverage (%): |
12.11 |
We seek a high level of current income, with a secondary investment objective of long-term capital appreciation by investing in a range of sovereign, quasi-sovereign and corporate debt securities in emerging markets. Investments are mostly denominated in emerging market and/or non-U.S. currencies. We believe that emerging markets experiencing positive fundamental change may present attractive investment opportunities for investors. To help achieve its objective, we combine top-down country allocation with bottom-up security selection.
|
|
Sovereign
|
95.98
|
|
Corporate Bond
|
6.10
|
|
Quasi-Sovereign
|
2.38
|
|
FX
|
1.81
|
|
Derivatives
|
1.21
|
|
Other
|
-12.91
|
|
AAA
|
1.24
|
|
AA
|
6.07
|
|
A
|
9.86
|
|
BBB
|
45.80
|
|
BB
|
28.68
|
|
B
|
5.28
|
|
CCC
|
4.60
|
|
CC
|
1.19
|
|
D
|
1.45
|
|
Not Rated
|
-8.58
|
|
Cash & equivalents
|
4.40
|
May not sum to 100% due to rounding.
|
India
|
13.14
|
|
Uzbekistan
|
10.12
|
|
Malaysia
|
10.11
|
|
Mexico
|
9.78
|
|
Thailand
|
8.74
|
|
Indonesia
|
7.90
|
|
Egypt
|
7.64
|
|
South Africa
|
7.33
|
|
Poland
|
7.09
|
|
Brazil
|
7.03
|
|
Other
|
17.96
|
May not sum to 100% due to rounding.
Smiezjkf7 Irs Krw R F 2.32750 Ii7827590250604 Ccpvanilla
|
7.62
|
Mexico (United Mexican States):M 30 8.500 18nov2038
|
4.57
|
Colombia (Republic of):6.000 28apr2028
|
4.49
|
Smif0es40 Irs Krw R F 2.32450 Ii8092810250610 Ccpvanilla
|
4.07
|
Poland (Republic of):2.000 25aug2036
|
3.96
|
South Africa (Republic of):8.875 28feb2035
|
3.48
|
Egypt (the Arab Republic of):24.458 01oct2027
|
3.38
|
Uzbek Industrial and Construction Bank A:21.000 24jul2027
|
3.28
|
South Africa (Republic of):9.000 31jan2040
|
3.00
|
United States Treasury:Bill 0.000 05aug2025
|
2.82
|
Total
|
40.67
|
Managing Director
21 years industry experience
Executive Director
18 years industry experience
Managing Director
17 years industry experience
Effective July 19, 2022, Brian Shaw and Patrick Campbell have been added as Portfolio Managers on the Fund. Warren Mar is no longer serving as Portfolio Manager on the Fund.
|