• Top Holdings

    As of September 30, 2025
    Excludes U.S. Treasuries.
    Top 10 Holdings represent 24.8% of Total Net Assets.
    Please see the 'Related Documents' section for a full list of the Fund’s portfolio holdings as of the most recent quarter end.

  • Portfolio Structure

    As of September 30, 2025

  • Top Sectors

    As of September 30, 2025

As of September 30, 2025. Totals may not add up due to rounding. Portfolio Characteristics are shown for the Institutional Class shares. 

Holdings related data may be preliminary, is subject to change, and may differ from the Fund’s holdings disclosed in its annual/semiannual report and Form N-Q due to availability of data at the time this report was produced.

Top Holdings and Top Sectors refer to the largest positions and sectors in the portfolio. The Top Holdings percentage weights are the market value of each holding divided by the total net assets of the Fund. The Top 10 Holdings percentage weights exclude cash and cash equivalents and undisclosed holdings, and also represents net issuer exposure. In the Portfolio Structure chart, Other includes options, warrants, and U.S. Treasuries with maturity greater than 1 year and sometimes with less than 1 year. Sector classification scheme reflects GICS (Global Industry Classification Standard). Portfolio composition will change due to ongoing management of the Fund. References to individual securities or sectors are for informational purposes only and should not be construed as recommendations by the Fund, the Advisor or the distributor.

Net Risk Exposure is defined as the percentage of portfolio exposed to Risk Assets. Risk Assets include all investments excluding cash and cash equivalents.