Emerging Markets Debt Fund

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As of 9/30/2021

Additional Fund Information

   
Inception Date: 05/25/2021
Expense Ratio (Gross): 0.90%
Expense Ratio (Net): 0.70%
Ticker Symbol: WEDIX
CUSIP: 969251511

Fund Statistics

 
 
Total Net Assets ($Million): $52
Number Of Holdings: 184
Since Inception Turnover: 47.8%

Credit Quality

% of Fund
AA 3.8%
A 3.7%
BBB 18.7%
BB 18.3%
B 32.7%
CCC 7.3%
CC 0.2%
C 0.1%
D 2.5%
NR 6.4%
Cash & Equivalents 6.3%
Total 100.0%

Sector Diversification

Sector Name
% of Fund
Emerging Markets Sovereign 61.1%
Emerging Markets Quasi-Sovereign 17.2%
Emerging Markets Corporates 13.8%
Cash & Equivalents 6.3%
Emerging Markets Sub Sovereign 1.2%
Emerging Markets Supranational 0.4%
Total Percentage 100.0%

Top 10 Issuers

Region
% of Fund
Jumhuriyat Misr Al-Arabiyah 4.1%
Republica De Colombia 3.2%
Ukraine (Government) 2.8%
Republik Indonesia 2.4%
Petroleos Mexicanos 2.4%
1Mdb Global Investments Ltd 2.3%
Republica Federativa Do Brasil 2.1%
Al Mamlakah Al Arabiyah As Suudiyah 2.1%
Republica Del Ecuador 2.1%
Mamlakat Al Bahrayn 2.1%
Total 25.6%

Top 10 Country Allocations

Country
% of Fund
Indonesia 5.7%
Mexico 4.5%
Egypt 4.1%
Colombia 4.1%
Brazil 3.9%
Malaysia 3.4%
China 3.4%
Ukraine 3.2%
Qatar 3.1%
Chile 3.0%
Total 38.3%

Top 10 Countries by Active Spread Duration Contribution

Country
% of Fund
Egypt 0.1%
India 0.1%
Romania 0.1%
Bahrain 0.1%
Guatemala 0.1%
Brazil 0.1%
Ukraine 0.1%
Colombia 0.1%
China 0.1%
Nigeria 0.1%
Total 1.0%

Duration Distribution

Years
% of Fund
Less than 1 year 9.3%
1 - 3 years 9.1%
3 - 5 years 19.8%
5 - 7 years 14.8%
7 - 10 years 12.1%
10 - 15 years 23.4%
15+ years 11.5%
Total 100.0%

The Fund's Adviser has contractually agreed to waive fees and/or reimburse expenses to limit fund operating expenses until 4/30/22.

Active spread duration is the difference between the effective spread duration contribution from a particular security or market segment to a portfolio, and the contribution to the portfolio's benchmark. Effective spread duration is a measure of the sensitivity of a bond's price with respect to sovereign spread movement. It approximately measures the percentage change in a bond's price if spreads change by 100 bps.

The credit quality of securities in the portfolio and Index are sourced from Standard & Poor's, Copyright © 2021, S&P Global Market Intelligence (and its affiliates, as applicable). Reproduction of any information, data or material, including ratings (“Content”) in any form is prohibited except with the prior written permission of the relevant party. Such party, its affiliates and suppliers (“Content Providers”) do not guarantee the accuracy, adequacy, completeness, timeliness or availability of any Content and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such Content. In no event shall Content Providers be liable for any damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with any use of the Content. A reference to a particular investment or security, a rating or any observation concerning an investment that is part of the Content is not a recommendation to buy, sell or hold such investment or security, does not address the suitability of an investment or security and should not be relied on as investment advice. Credit ratings are statements of opinions and are not statements of fact. Credit quality designations range from AAA (highest) to D (lowest). Credit quality ratings on underlying securities are received from S&P and Moody's which are converted to the equivalent S&P major rating category for presentation purposes only. The portfolio itself has not been rated.

Duration distribution is the portfolio's allocation to different groups of bonds, where those groups are determined by the bonds' effective interest rate duration. Effective interest rate duration is a measure of the sensitivity of a bond's price with respect to a shift in U.S. interest rates. It approximately measures the percentage change in a bond's price if U.S. interest rates change by 100 bps.

Option-adjusted spread (OAS) is a measure of the spread of a fixed income investment's yield relative to a benchmark, adjusted to take into account an embedded option.

The 30-Day SEC Yield is an annualized yield based on the most recent 30 day period. Subsidized yields reflect fee waivers in effect. Unsubsidized yields reflect what the yield would have been if no fee waiver had been in effect.

Information about the Fund's holdings should not be considered investment advice. There is no guarantee that the Fund will continue to hold any one particular security or stay invested in any one particular sector. Holdings are subject to change at any time. Top holdings are shown as a % of total net assets.