International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited)
Collateralized Mortgage Obligations — 8.7% |
Security | Principal Amount (000's omitted) | Value | |
Federal Home Loan Mortgage Corp. STACR REMICS Trust, :Series 2022-DNA1, Class M2, 7.847%, (30-day SOFR Average + 2.50%), 1/25/42(1)(2) | $ | 1,800 | $ 1,840,570 |
Government National Mortgage Association, :Series 2023-115, Class AL, 6.00%, 8/20/53 | 1,000 | 1,031,988 | |
Total Collateralized Mortgage Obligations (identified cost $2,701,202) | $ 2,872,558 |
Foreign Corporate Bonds — 0.8% |
Security | Principal Amount (000's omitted) | Value | |
Paraguay — 0.8% | |||
Itau BBA International PLC, 9.03%, 2/19/30 | PYG | 1,906,340 | $ 276,585 |
Total Foreign Corporate Bonds (identified cost $195,789) | $ 276,585 |
Sovereign Government Bonds — 64.5% |
Security | Principal Amount (000's omitted) | Value | |
China — 2.5% | |||
China Government Bonds: | |||
2.67%, 11/25/33 | CNY | 3,000 | $ 433,418 |
3.00%, 10/15/53 | CNY | 2,500 | 389,793 |
$ 823,211 | |||
Colombia — 2.2% | |||
Titulos De Tesoreria B: | |||
2.25%, 4/18/29 | COP | 374,510 | $ 80,951 |
3.00%, 3/25/33 | COP | 666,629 | 136,967 |
3.75%, 2/25/37 | COP | 1,839,970 | 375,393 |
4.75%, 4/4/35 | COP | 554,650 | 126,738 |
$ 720,049 | |||
Czech Republic — 5.1% | |||
Czech Republic Government Bonds: | |||
4.50%, 11/11/32 | CZK | 12,330 | $ 554,055 |
4.90%, 4/14/34 | CZK | 24,620 | 1,142,247 |
$ 1,696,302 |
Security | Principal Amount (000's omitted) | Value | |
Dominican Republic — 7.2% | |||
Dominican Republic Bonds: | |||
8.00%, 1/15/27(3) | DOP | 3,970 | $ 62,384 |
8.00%, 2/12/27(3) | DOP | 20,150 | 317,029 |
10.75%, 6/1/36(1) | DOP | 43,350 | 750,513 |
11.25%, 9/15/35(1) | DOP | 8,000 | 142,414 |
12.00%, 8/8/25(1) | DOP | 10,500 | 179,158 |
13.00%, 6/10/34(3) | DOP | 25,400 | 504,635 |
13.625%, 2/3/33(1) | DOP | 8,000 | 159,443 |
Dominican Republic Central Bank Notes: | |||
8.00%, 3/12/27(3) | DOP | 900 | 14,291 |
13.00%, 12/5/25(1) | DOP | 8,440 | 144,570 |
13.00%, 1/30/26(1) | DOP | 6,240 | 107,127 |
$ 2,381,564 | |||
Germany — 4.7% | |||
Bundesrepublik Deutschland Bundesanleihe, 1.70%, 8/15/32(3) | EUR | 1,500 | $ 1,564,368 |
$ 1,564,368 | |||
Greece — 0.1% | |||
Hellenic Republic Government Bonds, 0.00%, GDP-Linked, 10/15/42 | EUR | 9,881 | $ 30,476 |
$ 30,476 | |||
Iceland — 7.3% | |||
Republic of Iceland: | |||
4.50%, 2/17/42 | ISK | 184,453 | $ 1,047,813 |
5.00%, 11/15/28 | ISK | 3,916 | 25,587 |
7.00%, 9/17/35 | ISK | 15,871 | 116,291 |
8.00%, 6/12/25 | ISK | 172,866 | 1,236,803 |
$ 2,426,494 | |||
Indonesia — 7.7% | |||
Indonesia Treasury Bonds: | |||
6.125%, 5/15/28 | IDR | 1,053,000 | $ 63,551 |
6.625%, 2/15/34 | IDR | 10,506,000 | 633,290 |
7.125%, 6/15/42 | IDR | 1,472,000 | 90,740 |
7.125%, 6/15/43 | IDR | 27,958,000 | 1,731,384 |
7.375%, 5/15/48 | IDR | 529,000 | 33,356 |
$ 2,552,321 | |||
Mexico — 0.3% | |||
Mexican Bonos, 4.50%, 11/22/35 | MXN | 2,377 | $ 120,325 |
$ 120,325 |
1
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted) | Value | |
New Zealand — 2.5% | |||
New Zealand Government Bonds: | |||
2.75%, 4/15/37(3)(4) | NZD | 990 | $ 488,019 |
5.00%, 5/15/54(4) | NZD | 540 | 331,543 |
$ 819,562 | |||
Paraguay — 1.5% | |||
Paraguay Government Bonds, 7.90%, 2/9/31(1) | PYG | 3,577,000 | $ 491,058 |
$ 491,058 | |||
Peru — 4.2% | |||
Peru Government Bonds: | |||
5.40%, 8/12/34 | PEN | 1,560 | $ 372,308 |
6.714%, 2/12/55 | PEN | 1,820 | 455,309 |
7.60%, 8/12/39(1)(3) | PEN | 2,043 | 559,755 |
$ 1,387,372 | |||
Philippines — 1.7% | |||
Philippines Government International Bonds, 6.25%, 1/14/36 | PHP | 34,000 | $ 556,164 |
$ 556,164 | |||
Serbia — 6.7% | |||
Serbia Treasury Bonds: | |||
4.50%, 8/20/32 | RSD | 54,700 | $ 484,172 |
7.00%, 10/26/31 | RSD | 171,410 | 1,756,443 |
$ 2,240,615 | |||
South Africa — 5.3% | |||
Republic of South Africa Government Bonds, 8.875%, 2/28/35 | ZAR | 36,460 | $ 1,751,982 |
$ 1,751,982 | |||
South Korea — 1.6% | |||
Korea Treasury Bonds, 4.00%, 12/10/31 | KRW | 692,140 | $ 533,698 |
$ 533,698 | |||
Turkey — 0.4% | |||
Turkiye Government Bonds, 50.00% (TLREF), 5/17/28(2) | TRY | 4,631 | $ 138,988 |
$ 138,988 | |||
Ukraine — 0.4% | |||
Ukraine Government Bonds: | |||
9.79%, 5/26/27 | UAH | 5,312 | $ 88,390 |
15.84%, 2/26/25 | UAH | 110 | 2,004 |
Security | Principal Amount (000's omitted) | Value | |
Ukraine (continued) | |||
Ukraine Government Bonds: (continued) | |||
17.80%, 10/15/25 | UAH | 1,515 | $ 28,506 |
19.19%, 9/30/26 | UAH | 682 | 13,329 |
$ 132,229 | |||
Uruguay — 3.1% | |||
Uruguay Government Bonds: | |||
3.40%, 5/16/45 | UYU | 6,744 | $ 165,674 |
3.875%, 7/2/40(5) | UYU | 10,268 | 267,943 |
9.75%, 7/20/33 | UYU | 23,408 | 586,063 |
$ 1,019,680 | |||
Total Sovereign Government Bonds (identified cost $21,793,409) | $21,386,458 |
U.S. Government Agency Mortgage-Backed Securities — 11.1% |
Security | Principal Amount (000's omitted) | Value | |
Federal National Mortgage Association: | |||
5.00%, with maturity at 2052 | $ | 895 | $ 882,575 |
5.267%, (COF + 1.793%), with maturity at 2035(6) | 82 | 80,298 | |
Uniform Mortgage-Backed Security, 5.50%, 30-Year, TBA(7) | 2,700 | 2,705,063 | |
Total U.S. Government Agency Mortgage-Backed Securities (identified cost $3,666,372) | $ 3,667,936 |
Short-Term Investments — 16.6% |
Affiliated Fund — 6.4% |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 5.21%(8) | 2,127,071 | $ 2,127,071 | |
Total Affiliated Fund (identified cost $2,127,071) | $ 2,127,071 |
2
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
U.S. Treasury Obligations — 10.2% |
Security | Principal Amount (000's omitted) | Value | |
U.S. Treasury Bills: | |||
0.00%, 8/22/24(9) | $ | 1,300 | $ 1,296,003 |
0.00%, 9/19/24(9) | 2,100 | 2,085,016 | |
Total U.S. Treasury Obligations (identified cost $3,381,126) | $ 3,381,019 | ||
Total Short-Term Investments (identified cost $5,508,197) | $ 5,508,090 |
Total Purchased Options — 0.1% (identified cost $18,395) | $ 11,712 | ||
Total Investments — 101.8% (identified cost $33,883,364) | $33,723,339 | ||
Total Written Options and Swaptions — (0.0)%(10) (premiums received $11,788) | $ (1) | ||
Other Assets, Less Liabilities — (1.8)% | $ (581,662) | ||
Net Assets — 100.0% | $33,141,676 |
The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | |
(1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At July 31, 2024, the aggregate value of these securities is $4,374,608 or 13.2% of the Portfolio's net assets. |
(2) | Variable rate security. The stated interest rate represents the rate in effect at July 31, 2024. |
(3) | Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At July 31, 2024, the aggregate value of these securities is $3,510,481 or 10.6% of the Portfolio's net assets. |
(4) | Security (or a portion thereof) has been pledged for the benefit of the counterparty for reverse repurchase agreements. |
(5) | Inflation-linked security whose principal is adjusted for inflation based on changes in a designated inflation index or inflation rate for the applicable country. Interest is calculated based on the inflation-adjusted principal. |
(6) | Adjustable rate mortgage security whose interest rate generally adjusts monthly based on a weighted average of interest rates on the underlying mortgages. The coupon rate may not reflect the applicable index value as interest rates on the underlying mortgages may adjust on various dates and at various intervals and may be subject to lifetime ceilings and lifetime floors and lookback periods. Rate shown is the coupon rate at July 31, 2024. |
(7) | TBA (To Be Announced) securities are purchased on a forward commitment basis with an approximate principal amount and maturity date. The actual principal amount, which is not expected to differ significantly from the commitment amount, and maturity date are determined upon settlement. |
(8) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of July 31, 2024. |
(9) | Security (or a portion thereof) has been pledged to cover collateral requirements on open derivative contracts. |
(10) | Amount is less than (0.05)%. |
Purchased Currency Options (OTC) — 0.1% | |||||||
Description | Counterparty | Notional Amount | Exercise Price | Expiration Date | Value | ||
Put USD vs. Call INR | JPMorgan Chase Bank, N.A. | USD | 1,100,000 | INR | 85.50 | 1/25/29 | $ 5,827 |
Put USD vs. Call INR | JPMorgan Chase Bank, N.A. | USD | 600,000 | INR | 85.50 | 1/25/29 | 3,178 |
Put USD vs. Call INR | JPMorgan Chase Bank, N.A. | USD | 510,000 | INR | 85.50 | 1/30/29 | 2,707 |
Total | $11,712 |
3
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Written Interest Rate Swaptions (OTC) — (0.0)%(1) | |||||
Description | Counterparty | Notional Amount | Expiration Date | Value | |
Option to enter into interest rate swap expiring 8/9/34 to pay SOFR and receive 4.14% | Citibank, N.A. | USD | (1,150,000) | 8/7/24 | $(1) |
Total | $(1) |
(1) | Amount is less than (0.05)%. |
Forward Foreign Currency Exchange Contracts (Centrally Cleared) | |||||
Currency Purchased | Currency Sold | Settlement Date | Value/Unrealized Appreciation (Depreciation) | ||
BRL | 1,783,000 | USD | 314,795 | 8/2/24 | $ 437 |
USD | 330,739 | BRL | 1,783,000 | 8/2/24 | 15,507 |
BRL | 77,000 | USD | 14,136 | 9/4/24 | (567) |
BRL | 300,000 | USD | 54,177 | 9/4/24 | (1,310) |
BRL | 277,000 | USD | 50,854 | 9/4/24 | (2,041) |
BRL | 900,000 | USD | 162,530 | 9/4/24 | (3,931) |
USD | 123,734 | BRL | 692,774 | 9/4/24 | 1,653 |
USD | 313,742 | BRL | 1,783,000 | 9/4/24 | (460) |
COP | 626,940,000 | USD | 149,165 | 9/18/24 | 4,581 |
COP | 788,750,000 | USD | 192,540 | 9/18/24 | 887 |
COP | 671,900,000 | USD | 164,158 | 9/18/24 | 613 |
COP | 250,100,000 | USD | 61,194 | 9/18/24 | 138 |
COP | 559,900,000 | USD | 137,906 | 9/18/24 | (601) |
EUR | 8,940,651 | USD | 9,672,123 | 9/18/24 | 25,139 |
EUR | 67,274 | USD | 72,778 | 9/18/24 | 189 |
INR | 14,900,000 | USD | 177,982 | 9/18/24 | (272) |
INR | 104,335,983 | USD | 1,245,327 | 9/18/24 | (928) |
INR | 85,100,000 | USD | 1,016,484 | 9/18/24 | (1,509) |
PEN | 899,000 | USD | 234,237 | 9/18/24 | 6,219 |
PEN | 754,000 | USD | 196,662 | 9/18/24 | 5,011 |
PEN | 1,190,000 | USD | 314,973 | 9/18/24 | 3,316 |
PEN | 106,083 | USD | 28,078 | 9/18/24 | 296 |
PHP | 157,000 | USD | 2,687 | 9/18/24 | 1 |
TWD | 6,700,000 | USD | 206,599 | 9/18/24 | (782) |
TWD | 2,300,000 | USD | 71,537 | 9/18/24 | (884) |
TWD | 9,000,000 | USD | 277,452 | 9/18/24 | (982) |
TWD | 2,500,000 | USD | 77,828 | 9/18/24 | (1,031) |
TWD | 2,700,000 | USD | 84,125 | 9/18/24 | (1,184) |
TWD | 3,000,000 | USD | 93,371 | 9/18/24 | (1,214) |
TWD | 3,100,000 | USD | 96,480 | 9/18/24 | (1,251) |
TWD | 2,700,000 | USD | 84,211 | 9/18/24 | (1,269) |
TWD | 2,900,000 | USD | 90,369 | 9/18/24 | (1,285) |
TWD | 5,400,000 | USD | 167,957 | 9/18/24 | (2,075) |
TWD | 5,800,000 | USD | 180,562 | 9/18/24 | (2,392) |
4
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued) | |||||
Currency Purchased | Currency Sold | Settlement Date | Value/Unrealized Appreciation (Depreciation) | ||
TWD | 6,300,000 | USD | 196,292 | 9/18/24 | $ (2,763) |
TWD | 7,000,000 | USD | 217,866 | 9/18/24 | (2,834) |
TWD | 6,200,000 | USD | 193,372 | 9/18/24 | (2,915) |
TWD | 6,600,000 | USD | 205,668 | 9/18/24 | (2,923) |
TWD | 7,310,000 | USD | 227,506 | 9/18/24 | (2,951) |
USD | 19,400 | COP | 77,600,000 | 9/18/24 | 370 |
USD | 44,155 | COP | 179,900,000 | 9/18/24 | 38 |
USD | 178,615 | COP | 740,000,000 | 9/18/24 | (2,857) |
USD | 193,821 | COP | 803,000,000 | 9/18/24 | (3,100) |
USD | 410,352 | COP | 1,724,710,000 | 9/18/24 | (12,602) |
USD | 445,721 | COP | 1,873,363,446 | 9/18/24 | (13,688) |
USD | 5,110 | EUR | 4,740 | 9/18/24 | (30) |
USD | 21,252 | EUR | 19,644 | 9/18/24 | (55) |
USD | 171,011 | EUR | 158,078 | 9/18/24 | (444) |
USD | 239,378 | EUR | 221,274 | 9/18/24 | (622) |
USD | 587,470 | EUR | 543,041 | 9/18/24 | (1,527) |
USD | 833,965 | EUR | 770,895 | 9/18/24 | (2,168) |
USD | 839,207 | EUR | 775,740 | 9/18/24 | (2,181) |
USD | 1,259,769 | EUR | 1,164,497 | 9/18/24 | (3,274) |
USD | 1,761,233 | EUR | 1,628,037 | 9/18/24 | (4,578) |
USD | 2,215,231 | EUR | 2,047,700 | 9/18/24 | (5,758) |
USD | 2,455,114 | EUR | 2,269,442 | 9/18/24 | (6,381) |
USD | 116,822 | IDR | 1,906,000,000 | 9/18/24 | (364) |
USD | 234,118 | IDR | 3,814,479,312 | 9/18/24 | (407) |
USD | 201,542 | IDR | 3,286,310,981 | 9/18/24 | (509) |
USD | 292,728 | IDR | 4,770,000,000 | 9/18/24 | (545) |
USD | 253,217 | IDR | 4,132,000,000 | 9/18/24 | (829) |
USD | 199,339 | IDR | 3,255,800,000 | 9/18/24 | (837) |
USD | 256,248 | IDR | 4,183,000,000 | 9/18/24 | (934) |
USD | 256,186 | IDR | 4,183,000,000 | 9/18/24 | (997) |
USD | 843,270 | IDR | 13,750,184,263 | 9/18/24 | (2,130) |
USD | 560,625 | INR | 47,000,000 | 9/18/24 | 64 |
USD | 405,496 | INR | 34,000,000 | 9/18/24 | (17) |
USD | 942,181 | INR | 79,000,000 | 9/18/24 | (39) |
USD | 528,697 | INR | 44,335,983 | 9/18/24 | (91) |
USD | 386,615 | PEN | 1,435,000 | 9/18/24 | 2,796 |
USD | 53,014 | PEN | 200,000 | 9/18/24 | (480) |
USD | 42,014 | PEN | 160,367 | 9/18/24 | (879) |
USD | 183,760 | PEN | 690,801 | 9/18/24 | (1,008) |
USD | 82,873 | PEN | 316,242 | 9/18/24 | (1,713) |
USD | 170,850 | PEN | 652,167 | 9/18/24 | (3,585) |
USD | 176,875 | PEN | 675,000 | 9/18/24 | (3,667) |
USD | 703,793 | PEN | 2,659,000 | 9/18/24 | (7,410) |
USD | 607,742 | PEN | 2,300,000 | 9/18/24 | (7,439) |
5
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued) | |||||
Currency Purchased | Currency Sold | Settlement Date | Value/Unrealized Appreciation (Depreciation) | ||
USD | 239,400 | PHP | 14,000,000 | 9/18/24 | $ (303) |
USD | 85,200 | PHP | 5,000,000 | 9/18/24 | (408) |
USD | 256,399 | PHP | 15,000,000 | 9/18/24 | (426) |
USD | 93,649 | PHP | 5,500,000 | 9/18/24 | (520) |
USD | 119,313 | PHP | 7,000,000 | 9/18/24 | (538) |
USD | 136,412 | PHP | 8,000,000 | 9/18/24 | (562) |
USD | 256,242 | PHP | 15,000,000 | 9/18/24 | (583) |
USD | 170,526 | PHP | 10,000,000 | 9/18/24 | (690) |
USD | 221,521 | PHP | 13,000,000 | 9/18/24 | (1,060) |
USD | 284,123 | PHP | 16,660,000 | 9/18/24 | (1,123) |
USD | 272,716 | PHP | 16,000,000 | 9/18/24 | (1,230) |
USD | 226,460 | PHP | 13,300,000 | 9/18/24 | (1,258) |
USD | 323,978 | PHP | 19,000,000 | 9/18/24 | (1,334) |
USD | 392,210 | PHP | 23,000,000 | 9/18/24 | (1,588) |
KRW | 248,000,000 | USD | 180,815 | 9/19/24 | 550 |
KRW | 55,600,000 | USD | 40,258 | 9/19/24 | 403 |
KRW | 249,000,000 | USD | 181,707 | 9/19/24 | 390 |
KRW | 356,292,018 | USD | 260,263 | 9/19/24 | 298 |
KRW | 197,000,000 | USD | 143,972 | 9/19/24 | 96 |
CLP | 157,600,000 | USD | 170,814 | 9/23/24 | (3,549) |
USD | 170,814 | CLP | 157,600,000 | 9/23/24 | 3,549 |
BRL | 322,000 | USD | 58,298 | 10/2/24 | (1,735) |
BRL | 1,323,000 | USD | 239,526 | 10/2/24 | (7,130) |
$(84,995) |
Forward Foreign Currency Exchange Contracts (OTC) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
EUR | 715,105 | USD | 778,112 | Australia and New Zealand Banking Group Limited | 8/9/24 | $ — | $ (3,942) |
HUF | 10,968,717 | EUR | 27,425 | Barclays Bank PLC | 8/12/24 | 421 | — |
HUF | 11,031,283 | EUR | 27,850 | Barclays Bank PLC | 8/12/24 | 133 | — |
ISK | 30,000,000 | EUR | 197,174 | Citibank, N.A. | 8/14/24 | 3,106 | — |
EUR | 501,967 | HUF | 197,722,184 | JPMorgan Chase Bank, N.A. | 8/22/24 | 1,065 | — |
EUR | 1,388,627 | HUF | 548,897,417 | JPMorgan Chase Bank, N.A. | 8/22/24 | — | (2,336) |
HUF | 113,638,376 | EUR | 290,661 | Bank of America, N.A. | 8/22/24 | — | (2,953) |
HUF | 78,721,591 | EUR | 200,670 | Barclays Bank PLC | 8/22/24 | — | (1,307) |
HUF | 117,188,522 | EUR | 299,347 | Barclays Bank PLC | 8/22/24 | — | (2,619) |
HUF | 76,942,298 | EUR | 196,321 | Goldman Sachs International | 8/22/24 | — | (1,481) |
HUF | 75,905,535 | EUR | 193,880 | JPMorgan Chase Bank, N.A. | 8/22/24 | — | (1,681) |
HUF | 25,885,211 | EUR | 65,560 | UBS AG | 8/22/24 | 29 | — |
6
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
EUR | 142,556 | HUF | 56,584,209 | Citibank, N.A. | 8/30/24 | $ — | $ (786) |
EUR | 114,433 | HUF | 45,267,389 | JPMorgan Chase Bank, N.A. | 8/30/24 | — | (209) |
EUR | 142,307 | HUF | 56,584,227 | UBS AG | 8/30/24 | — | (1,056) |
HUF | 141,035,177 | EUR | 355,319 | Citibank, N.A. | 8/30/24 | 1,960 | — |
HUF | 112,828,129 | EUR | 285,222 | JPMorgan Chase Bank, N.A. | 8/30/24 | 521 | — |
HUF | 141,035,165 | EUR | 354,698 | UBS AG | 8/30/24 | 2,633 | — |
PLN | 1,520,000 | EUR | 352,869 | Citibank, N.A. | 9/5/24 | 844 | — |
CZK | 9,650,000 | EUR | 388,565 | Citibank, N.A. | 9/6/24 | — | (9,910) |
AUD | 1,000,000 | USD | 668,061 | BNP Paribas | 9/18/24 | — | (13,330) |
AUD | 1,274,932 | USD | 849,724 | Citibank, N.A. | 9/18/24 | — | (14,987) |
CAD | 46,000 | USD | 33,465 | State Street Bank and Trust Company | 9/18/24 | — | (102) |
CAD | 100,000 | USD | 72,759 | State Street Bank and Trust Company | 9/18/24 | — | (229) |
CAD | 100,000 | USD | 72,769 | State Street Bank and Trust Company | 9/18/24 | — | (239) |
CAD | 179,000 | USD | 130,224 | State Street Bank and Trust Company | 9/18/24 | — | (395) |
CAD | 200,000 | USD | 145,517 | State Street Bank and Trust Company | 9/18/24 | — | (457) |
CAD | 100,000 | USD | 73,194 | State Street Bank and Trust Company | 9/18/24 | — | (664) |
CAD | 400,000 | USD | 291,074 | State Street Bank and Trust Company | 9/18/24 | — | (954) |
CAD | 500,000 | USD | 365,971 | State Street Bank and Trust Company | 9/18/24 | — | (3,321) |
CAD | 44,000 | USD | 32,036 | UBS AG | 9/18/24 | — | (122) |
CAD | 69,000 | USD | 50,231 | UBS AG | 9/18/24 | — | (186) |
CAD | 170,000 | USD | 123,774 | UBS AG | 9/18/24 | — | (473) |
CAD | 271,000 | USD | 197,285 | UBS AG | 9/18/24 | — | (729) |
CZK | 1,562,778 | EUR | 63,051 | Goldman Sachs International | 9/18/24 | — | (1,752) |
CZK | 800,000 | EUR | 32,330 | JPMorgan Chase Bank, N.A. | 9/18/24 | — | (955) |
EUR | 1,669,663 | CZK | 41,315,805 | JPMorgan Chase Bank, N.A. | 9/18/24 | 49,310 | — |
EUR | 70,399 | PLN | 303,198 | JPMorgan Chase Bank, N.A. | 9/18/24 | — | (96) |
GBP | 1,240,000 | USD | 1,584,095 | BNP Paribas | 9/18/24 | 10,659 | — |
ILS | 2,300,000 | USD | 612,653 | Citibank, N.A. | 9/18/24 | — | (2,344) |
ILS | 2,348,657 | USD | 626,643 | Goldman Sachs International | 9/18/24 | — | (3,423) |
ILS | 2,334,310 | USD | 624,531 | Goldman Sachs International | 9/18/24 | — | (5,118) |
ILS | 2,217,033 | USD | 588,775 | JPMorgan Chase Bank, N.A. | 9/18/24 | — | (482) |
ISK | 19,485,340 | EUR | 128,404 | Citibank, N.A. | 9/18/24 | 932 | — |
ISK | 7,514,660 | EUR | 49,618 | Citibank, N.A. | 9/18/24 | 253 | — |
JPY | 640,849,895 | USD | 4,137,090 | Citibank, N.A. | 9/18/24 | 170,616 | — |
JPY | 38,670,000 | USD | 249,639 | Citibank, N.A. | 9/18/24 | 10,295 | — |
JPY | 17,382,502 | USD | 113,053 | Citibank, N.A. | 9/18/24 | 3,790 | — |
MXN | 100,000 | USD | 5,622 | Standard Chartered Bank | 9/18/24 | — | (293) |
MXN | 700,000 | USD | 39,352 | Standard Chartered Bank | 9/18/24 | — | (2,053) |
MXN | 1,000,000 | USD | 56,006 | Standard Chartered Bank | 9/18/24 | — | (2,721) |
MXN | 6,000,000 | USD | 336,034 | Standard Chartered Bank | 9/18/24 | — | (16,325) |
MXN | 6,400,000 | USD | 359,790 | Standard Chartered Bank | 9/18/24 | — | (18,767) |
MYR | 726,000 | USD | 157,946 | Credit Agricole Corporate and Investment Bank | 9/18/24 | 902 | — |
MYR | 652,000 | USD | 142,063 | Goldman Sachs International | 9/18/24 | 594 | — |
MYR | 821,000 | USD | 179,062 | Goldman Sachs International | 9/18/24 | 572 | — |
7
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
NZD | 123,149 | USD | 75,991 | Bank of America, N.A. | 9/18/24 | $ — | $ (2,695) |
PEN | 582,597 | USD | 151,830 | Standard Chartered Bank | 9/18/24 | 3,997 | — |
PEN | 5,403 | USD | 1,408 | Standard Chartered Bank | 9/18/24 | 37 | — |
PLN | 303,198 | EUR | 70,036 | Barclays Bank PLC | 9/18/24 | 490 | — |
SEK | 3,887,000 | EUR | 342,810 | UBS AG | 9/18/24 | — | (7,989) |
SGD | 1,040,000 | USD | 772,675 | BNP Paribas | 9/18/24 | 7,164 | — |
SGD | 1,465,000 | USD | 1,087,769 | State Street Bank and Trust Company | 9/18/24 | 10,755 | — |
THB | 19,011,000 | USD | 519,005 | Standard Chartered Bank | 9/18/24 | 16,335 | — |
THB | 15,749,000 | USD | 430,010 | Standard Chartered Bank | 9/18/24 | 13,474 | — |
USD | 625,893 | ILS | 2,346,786 | Bank of America, N.A. | 9/18/24 | 3,170 | — |
USD | 699,268 | ILS | 2,620,016 | Barclays Bank PLC | 9/18/24 | 4,042 | — |
USD | 306,433 | ILS | 1,151,300 | Citibank, N.A. | 9/18/24 | 934 | — |
USD | 306,433 | ILS | 1,152,250 | Citibank, N.A. | 9/18/24 | 682 | — |
USD | 612,866 | ILS | 2,312,957 | Citibank, N.A. | 9/18/24 | — | (881) |
USD | 625,842 | ILS | 2,347,410 | Standard Chartered Bank | 9/18/24 | 2,954 | — |
USD | 501,593 | ILS | 1,885,788 | UBS AG | 9/18/24 | 1,196 | — |
USD | 124,767 | MXN | 2,224,000 | Bank of America, N.A. | 9/18/24 | 6,262 | — |
USD | 176,097 | MXN | 3,300,000 | Goldman Sachs International | 9/18/24 | 257 | — |
USD | 4,092 | MXN | 75,000 | Goldman Sachs International | 9/18/24 | 96 | — |
USD | 437,766 | MXN | 8,222,345 | UBS AG | 9/18/24 | — | (360) |
USD | 172,340 | MYR | 810,000 | Credit Agricole Corporate and Investment Bank | 9/18/24 | — | (4,887) |
USD | 164,144 | MYR | 770,000 | Goldman Sachs International | 9/18/24 | — | (4,331) |
USD | 1,626,072 | NZD | 2,635,162 | Bank of America, N.A. | 9/18/24 | 57,662 | — |
USD | 197,461 | NZD | 320,000 | Bank of America, N.A. | 9/18/24 | 7,002 | — |
USD | 7,595 | NZD | 12,309 | Bank of America, N.A. | 9/18/24 | 269 | — |
USD | 62,702 | PEN | 239,224 | Standard Chartered Bank | 9/18/24 | — | (1,283) |
USD | 138,945 | SGD | 187,000 | Citibank, N.A. | 9/18/24 | — | (1,276) |
USD | 250,415 | SGD | 337,000 | Standard Chartered Bank | 9/18/24 | — | (2,282) |
USD | 958,545 | THB | 35,040,000 | Standard Chartered Bank | 9/18/24 | — | (28,164) |
USD | 13,541 | ZAR | 257,234 | Bank of America, N.A. | 9/18/24 | — | (532) |
USD | 1,533,738 | ZAR | 29,136,723 | Bank of America, N.A. | 9/18/24 | — | (60,250) |
USD | 846,680 | ZAR | 15,694,889 | Barclays Bank PLC | 9/18/24 | — | (11,944) |
USD | 35,745 | ZAR | 666,552 | Standard Chartered Bank | 9/18/24 | — | (720) |
USD | 829,801 | ZAR | 15,396,601 | Standard Chartered Bank | 9/18/24 | — | (12,503) |
USD | 466,341 | ZAR | 8,499,523 | UBS AG | 9/18/24 | 1,356 | — |
USD | 22,458 | ZAR | 409,318 | UBS AG | 9/18/24 | 65 | — |
ZAR | 18,825,548 | USD | 991,491 | Barclays Bank PLC | 9/18/24 | 38,401 | — |
ZAR | 2,926,674 | USD | 161,536 | Barclays Bank PLC | 9/18/24 | — | (1,426) |
ZAR | 2,426,709 | USD | 133,152 | Citibank, N.A. | 9/18/24 | — | (394) |
ZAR | 2,435,630 | USD | 133,606 | Standard Chartered Bank | 9/18/24 | — | (359) |
ZAR | 11,688,237 | USD | 645,491 | UBS AG | 9/18/24 | — | (6,061) |
USD | 138,567 | CNH | 1,000,000 | BNP Paribas | 9/19/24 | — | (359) |
USD | 1,108,532 | CNH | 8,000,000 | BNP Paribas | 9/19/24 | — | (2,868) |
USD | 138,759 | CNH | 1,000,000 | Citibank, N.A. | 9/19/24 | — | (166) |
8
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
USD | 416,276 | CNH | 3,000,000 | Citibank, N.A. | 9/19/24 | $ — | $ (499) |
USD | 51,400 | CNH | 371,000 | HSBC Bank USA, N.A. | 9/19/24 | — | (141) |
USD | 229,045 | CNH | 1,653,216 | HSBC Bank USA, N.A. | 9/19/24 | — | (628) |
USD | 1,323,353 | CNH | 9,551,800 | HSBC Bank USA, N.A. | 9/19/24 | — | (3,631) |
USD | 138,546 | CNH | 1,000,000 | JPMorgan Chase Bank, N.A. | 9/19/24 | — | (379) |
USD | 277,092 | CNH | 2,000,000 | JPMorgan Chase Bank, N.A. | 9/19/24 | — | (759) |
USD | 1,524,004 | CNH | 11,000,000 | JPMorgan Chase Bank, N.A. | 9/19/24 | — | (4,172) |
TRY | 5,059,000 | USD | 138,127 | Standard Chartered Bank | 9/20/24 | 6,496 | — |
TRY | 4,078,000 | USD | 111,209 | Standard Chartered Bank | 9/20/24 | 5,369 | — |
TRY | 1,633,974 | USD | 44,916 | Standard Chartered Bank | 9/20/24 | 1,795 | — |
TRY | 1,633,974 | USD | 44,931 | Standard Chartered Bank | 9/20/24 | 1,780 | — |
USD | 209,733 | TRY | 7,345,948 | Standard Chartered Bank | 9/20/24 | — | (267) |
USD | 131,770 | TRY | 5,059,000 | Standard Chartered Bank | 9/20/24 | — | (12,853) |
TRY | 7,751,584 | USD | 196,591 | Standard Chartered Bank | 9/23/24 | 24,297 | — |
TRY | 7,256,976 | USD | 185,317 | Standard Chartered Bank | 9/23/24 | 21,476 | — |
TRY | 1,375,000 | USD | 37,027 | Standard Chartered Bank | 9/23/24 | 2,154 | — |
USD | 206,514 | TRY | 7,256,976 | Standard Chartered Bank | 9/23/24 | — | (279) |
USD | 106,514 | TRY | 3,750,378 | Standard Chartered Bank | 9/23/24 | — | (356) |
USD | 104,964 | TRY | 3,698,922 | Standard Chartered Bank | 9/23/24 | — | (440) |
USD | 35,860 | TRY | 1,375,000 | Standard Chartered Bank | 9/23/24 | — | (3,322) |
USD | 128,273 | UYU | 5,222,000 | HSBC Bank USA, N.A. | 10/10/24 | — | (549) |
TRY | 7,598,673 | USD | 188,267 | Standard Chartered Bank | 10/17/24 | 22,896 | — |
TRY | 7,593,543 | USD | 188,240 | Standard Chartered Bank | 10/17/24 | 22,780 | — |
EUR | 207,946 | PLN | 895,042 | Barclays Bank PLC | 10/21/24 | 329 | — |
EUR | 204,410 | PLN | 879,840 | Citibank, N.A. | 10/21/24 | 319 | — |
PLN | 1,774,882 | EUR | 403,933 | Bank of America, N.A. | 10/21/24 | 8,502 | — |
MYR | 376,000 | USD | 82,015 | Goldman Sachs International | 11/4/24 | 450 | — |
MYR | 1,085,000 | USD | 236,744 | State Street Bank and Trust Company | 11/4/24 | 1,220 | — |
TRY | 16,492,000 | USD | 418,391 | Standard Chartered Bank | 11/8/24 | 29,583 | — |
TRY | 16,160,856 | USD | 411,064 | Standard Chartered Bank | 11/8/24 | 27,915 | — |
TRY | 2,691,434 | USD | 69,012 | Standard Chartered Bank | 11/8/24 | 4,096 | — |
TRY | 2,691,434 | USD | 69,012 | Standard Chartered Bank | 11/8/24 | 4,096 | — |
TRY | 2,410,127 | USD | 62,504 | Standard Chartered Bank | 11/8/24 | 2,963 | — |
USD | 144,214 | TRY | 5,390,764 | Standard Chartered Bank | 11/8/24 | — | (2,216) |
USD | 210,673 | TRY | 7,864,387 | Standard Chartered Bank | 11/8/24 | — | (2,949) |
USD | 68,424 | TRY | 2,649,214 | Standard Chartered Bank | 11/8/24 | — | (3,537) |
USD | 107,136 | TRY | 4,138,703 | Standard Chartered Bank | 11/8/24 | — | (5,284) |
USD | 142,848 | TRY | 5,512,415 | Standard Chartered Bank | 11/8/24 | — | (6,886) |
USD | 178,560 | TRY | 6,895,695 | Standard Chartered Bank | 11/8/24 | — | (8,748) |
USD | 249,984 | TRY | 9,673,973 | Standard Chartered Bank | 11/8/24 | — | (12,791) |
USD | 296,058 | HKD | 2,300,000 | BNP Paribas | 12/9/24 | 673 | — |
USD | 823,904 | HKD | 6,400,000 | Deutsche Bank AG | 12/9/24 | 1,963 | — |
TRY | 17,570,092 | USD | 451,387 | Standard Chartered Bank | 12/16/24 | 6,618 | — |
USD | 174,010 | TRY | 7,700,000 | Standard Chartered Bank | 12/16/24 | — | (26,708) |
9
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
TRY | 10,353,528 | USD | 263,484 | Standard Chartered Bank | 12/20/24 | $ 5,263 | $ — |
TRY | 10,352,764 | USD | 263,565 | Standard Chartered Bank | 12/20/24 | 5,162 | — |
USD | 55,442 | TRY | 2,165,927 | Standard Chartered Bank | 12/20/24 | — | (779) |
USD | 272,107 | TRY | 10,595,313 | Standard Chartered Bank | 12/20/24 | — | (2,916) |
TRY | 8,197,382 | USD | 193,908 | Standard Chartered Bank | 1/6/25 | 15,116 | — |
USD | 208,424 | TRY | 8,197,382 | Standard Chartered Bank | 1/6/25 | — | (600) |
TRY | 7,050,000 | USD | 164,146 | Standard Chartered Bank | 1/15/25 | 13,957 | — |
TRY | 10,356,125 | USD | 236,017 | Standard Chartered Bank | 1/29/25 | 21,892 | — |
TRY | 6,375,000 | USD | 146,786 | Standard Chartered Bank | 1/29/25 | 11,978 | — |
USD | 280,045 | TRY | 11,259,297 | Standard Chartered Bank | 1/29/25 | — | (357) |
TRY | 5,436,380 | USD | 125,611 | Standard Chartered Bank | 2/10/25 | 8,142 | — |
TRY | 2,674,368 | USD | 62,431 | Standard Chartered Bank | 2/10/25 | 3,367 | — |
USD | 199,918 | TRY | 8,110,748 | Standard Chartered Bank | 2/10/25 | 368 | — |
TRY | 4,988,791 | USD | 118,514 | Standard Chartered Bank | 2/24/25 | 2,515 | — |
USD | 120,516 | TRY | 4,988,791 | Standard Chartered Bank | 2/24/25 | — | (513) |
EGP | 80,175,000 | USD | 1,500,000 | Bank of America, N.A. | 4/3/25 | 14,468 | — |
USD | 868,178 | EGP | 45,970,000 | JPMorgan Chase Bank, N.A. | 4/3/25 | — | (174) |
EGP | 74,325,000 | USD | 1,384,078 | ICBC Standard Bank plc | 4/15/25 | 14,305 | — |
$749,538 | $(373,260) |
Futures Contracts | |||||
Description | Number of Contracts | Position | Expiration Date | Notional Amount | Value/Unrealized Appreciation (Depreciation) |
Interest Rate Futures | |||||
Euro-Bund | 4 | Long | 9/6/24 | $ 578,917 | $ 17,495 |
U.S. 5-Year Treasury Note | 87 | Long | 9/30/24 | 9,386,484 | 175,444 |
Euro-Bobl | (1) | Short | 9/6/24 | (127,175) | (2,392) |
Euro-BTP | (10) | Short | 9/6/24 | (1,287,444) | (30,844) |
Japan 10-Year Bond | (1) | Short | 9/12/24 | (952,705) | 1,202 |
U.S. 10-Year Treasury Note | (6) | Short | 9/19/24 | (670,875) | (16,869) |
U.S. Ultra-Long Treasury Bond | (1) | Short | 9/19/24 | (127,969) | (3,996) |
$140,040 |
10
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Inflation Swaps (Centrally Cleared) | |||||||
Notional Amount (000's omitted) | Portfolio Pays/Receives Return on Reference Index | Reference Index | Portfolio Pays/Receives Rate | Annual Rate | Termination Date | Value/Unrealized Appreciation (Depreciation) | |
EUR | 300 | Receives | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Pays | 2.20% (pays upon termination) | 10/15/36 | $ 30,686 |
EUR | 300 | Receives | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Pays | 2.20% (pays upon termination) | 10/15/36 | 30,686 |
EUR | 200 | Receives | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Pays | 2.20% (pays upon termination) | 10/15/36 | 20,430 |
EUR | 280 | Receives | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Pays | 2.08% (pays upon termination) | 1/15/37 | 31,082 |
EUR | 200 | Pays | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Receives | 2.29% (pays upon termination) | 10/15/46 | (22,197) |
EUR | 300 | Pays | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Receives | 2.29% (pays upon termination) | 10/15/46 | (33,296) |
EUR | 300 | Pays | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Receives | 2.29% (pays upon termination) | 10/15/46 | (33,417) |
EUR | 280 | Pays | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Receives | 2.18% (pays upon termination) | 1/15/47 | (36,743) |
EUR | 110 | Pays | Eurostat Eurozone HICP ex Tobacco NSA (pays upon termination) | Receives | 2.64% (pays upon termination) | 3/13/53 | 8,957 |
USD | 1,300 | Pays | Return on CPI-U (NSA) (pays upon termination) | Receives | 2.75% (pays upon termination) | 10/29/36 | (35,679) |
USD | 450 | Pays | Return on CPI-U (NSA) (pays upon termination) | Receives | 2.67% (pays upon termination) | 1/7/37 | (12,929) |
USD | 800 | Receives | Return on CPI-U (NSA) (pays upon termination) | Pays | 2.62% (pays upon termination) | 10/29/46 | 17,010 |
USD | 400 | Receives | Return on CPI-U (NSA) (pays upon termination) | Pays | 2.62% (pays upon termination) | 10/29/46 | 8,339 |
USD | 490 | Receives | Return on CPI-U (NSA) (pays upon termination) | Pays | 2.54% (pays upon termination) | 1/7/47 | 14,622 |
USD | 150 | Receives | Return on CPI-U (NSA) (pays upon termination) | Pays | 2.40% (pays upon termination) | 3/13/53 | 2,394 |
$(10,055) |
11
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Interest Rate Swaps (Centrally Cleared) | ||||||||
Notional Amount (000's omitted) | Portfolio Pays/ Receives Floating Rate | Floating Rate | Annual Fixed Rate | Termination Date | Value | Unamortized Upfront Receipts (Payments) | Unrealized Appreciation (Depreciation) | |
AUD | 500 | Pays | 6-month AUD Bank Bill (pays semi-annually) | 4.48% (pays semi-annually) | 6/21/25 | $ 20 | $ — | $ 20 |
CLP | 284,000 | Receives | 6-month Sinacofi Chile Interbank Rate (pays semi-annually) | 4.94% (pays semi-annually) | 6/21/34 | 7,543 | — | 7,543 |
CLP | 194,000 | Receives | 6-month Sinacofi Chile Interbank Rate (pays semi-annually) | 4.94% (pays semi-annually) | 6/21/34 | 5,071 | — | 5,071 |
CLP | 94,000 | Receives | 6-month Sinacofi Chile Interbank Rate (pays semi-annually) | 5.06% (pays semi-annually) | 6/21/34 | 1,551 | — | 1,551 |
CLP | 232,000 | Receives | 6-month Sinacofi Chile Interbank Rate (pays semi-annually) | 5.07% (pays semi-annually) | 6/21/34 | 3,538 | — | 3,538 |
CLP | 126,628 | Receives | 6-month Sinacofi Chile Interbank Rate (pays semi-annually) | 5.08% (pays semi-annually) | 6/21/34 | 1,825 | — | 1,825 |
CLP | 233,000 | Receives | 6-month Sinacofi Chile Interbank Rate (pays semi-annually) | 5.09% (pays semi-annually) | 6/21/34 | 3,162 | — | 3,162 |
CLP | 116,372 | Receives | 6-month Sinacofi Chile Interbank Rate (pays semi-annually) | 5.12% (pays semi-annually) | 6/21/34 | 1,287 | — | 1,287 |
CNY | 4,000 | Pays | 7-day China Fixing Repo Rates (pays quarterly) | 2.28% (pays quarterly) | 9/20/28 | 11,709 | — | 11,709 |
CNY | 8,000 | Pays | 7-day China Fixing Repo Rates (pays quarterly) | 2.29% (pays quarterly) | 9/20/28 | 23,577 | — | 23,577 |
CNY | 4,000 | Pays | 7-day China Fixing Repo Rates (pays quarterly) | 2.29% (pays quarterly) | 9/20/28 | 11,823 | — | 11,823 |
CNY | 2,300 | Pays | 7-day China Fixing Repo Rates (pays quarterly) | 2.29% (pays quarterly) | 9/20/28 | 6,902 | — | 6,902 |
CNY | 4,000 | Pays | 7-day China Fixing Repo Rates (pays quarterly) | 2.43% (pays quarterly) | 12/20/28 | 15,746 | — | 15,746 |
CNY | 2,000 | Pays | 7-day China Fixing Repo Rates (pays quarterly) | 2.00% (pays quarterly) | 6/18/29 | 2,646 | — | 2,646 |
CNY | 2,900 | Pays | 7-day China Fixing Repo Rates (pays quarterly) | 2.00% (pays quarterly) | 6/18/29 | 3,870 | — | 3,870 |
CNY | 2,000 | Pays | 7-day China Fixing Repo Rates (pays quarterly) | 2.01% (pays quarterly) | 6/18/29 | 2,870 | — | 2,870 |
COP | 1,967,800 | Pays | Colombia Overnight Interbank Reference Rate (pays quarterly) | 7.83% (pays quarterly) | 9/18/29 | 1,676 | — | 1,676 |
CZK | 10,500 | Pays | 6-month CZK PRIBOR (pays semi-annually) | 3.39% (pays annually) | 9/18/29 | 2,814 | — | 2,814 |
CZK | 11,170 | Pays | 6-month CZK PRIBOR (pays semi-annually) | 4.12% (pays annually) | 12/20/33 | 36,944 | — | 36,944 |
12
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
Notional Amount (000's omitted) | Portfolio Pays/ Receives Floating Rate | Floating Rate | Annual Fixed Rate | Termination Date | Value | Unamortized Upfront Receipts (Payments) | Unrealized Appreciation (Depreciation) | |
CZK | 9,530 | Pays | 6-month CZK PRIBOR (pays semi-annually) | 4.15% (pays annually) | 12/20/33 | $ 32,851 | $ — | $ 32,851 |
EUR | 4,100 | Pays | 6-month EURIBOR (pays semi-annually) | 3.60% (pays annually) | 6/21/25 | 7,167 | — | 7,167 |
EUR | 1,695 | Pays | 6-month EURIBOR (pays semi-annually) | 3.14% (pays annually) | 9/20/28 | 59,653 | — | 59,653 |
EUR | 2,065 | Pays | 6-month EURIBOR (pays semi-annually) | 3.20% (pays annually) | 9/20/28 | 79,403 | — | 79,403 |
EUR | 500 | Pays | 6-month EURIBOR (pays semi-annually) | 2.96% (pays annually) | 9/20/43 | 35,070 | — | 35,070 |
EUR | 625 | Pays | 6-month EURIBOR (pays semi-annually) | 3.00% (pays annually) | 9/20/43 | 48,454 | — | 48,454 |
GBP | 101 | Pays | 1-day Sterling Overnight Index Average (pays annually) | 4.56% (pays annually) | 10/2/28 | 2,889 | — | 2,889 |
GBP | 540 | Pays | 1-day Sterling Overnight Index Average (pays annually) | 4.27% (pays annually) | 12/20/28 | 8,690 | — | 8,690 |
GBP | 540 | Pays | 1-day Sterling Overnight Index Average (pays annually) | 4.28% (pays annually) | 12/20/28 | 8,997 | — | 8,997 |
GBP | 199 | Pays | 1-day Sterling Overnight Index Average (pays annually) | 4.39% (pays annually) | 12/20/28 | 4,608 | — | 4,608 |
GBP | 100 | Pays | 1-day Sterling Overnight Index Average (pays annually) | 4.59% (pays annually) | 12/20/28 | 3,452 | — | 3,452 |
GBP | 1,853 | Pays | 1-day Sterling Overnight Index Average (pays annually) | 3.83% (pays annually) | 3/20/29 | (7,802) | — | (7,802) |
GBP | 850 | Pays | 1-day Sterling Overnight Index Average (pays annually) | 4.20% (pays annually) | 6/21/33 | 42,611 | — | 42,611 |
HUF | 82,786 | Pays | 6-month HUF BUBOR (pays semi-annually) | 5.66% (pays annually) | 9/18/29 | 1,307 | — | 1,307 |
HUF | 81,814 | Pays | 6-month HUF BUBOR (pays semi-annually) | 5.76% (pays annually) | 9/18/29 | 2,222 | — | 2,222 |
INR | 83,400 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.53% (pays semi-annually) | 9/18/26 | 3,860 | — | 3,860 |
INR | 83,000 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.55% (pays semi-annually) | 9/18/26 | 4,186 | — | 4,186 |
INR | 41,800 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.57% (pays semi-annually) | 9/18/26 | 2,254 | — | 2,254 |
INR | 42,000 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.59% (pays semi-annually) | 9/18/26 | 2,462 | — | 2,462 |
INR | 42,000 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.61% (pays semi-annually) | 9/18/26 | 2,623 | — | 2,623 |
INR | 42,000 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.61% (pays semi-annually) | 9/18/26 | 2,669 | — | 2,669 |
INR | 30,500 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.62% (pays semi-annually) | 9/18/26 | 1,971 | — | 1,971 |
INR | 41,700 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.64% (pays semi-annually) | 9/18/26 | 2,941 | — | 2,941 |
13
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
Notional Amount (000's omitted) | Portfolio Pays/ Receives Floating Rate | Floating Rate | Annual Fixed Rate | Termination Date | Value | Unamortized Upfront Receipts (Payments) | Unrealized Appreciation (Depreciation) | |
INR | 41,800 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.66% (pays semi-annually) | 9/18/26 | $ 3,113 | $ — | $ 3,113 |
INR | 19,000 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.25% (pays semi-annually) | 9/18/29 | 309 | — | 309 |
INR | 18,900 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.25% (pays semi-annually) | 9/18/29 | 364 | — | 364 |
INR | 20,000 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.25% (pays semi-annually) | 9/18/29 | 380 | — | 380 |
INR | 30,000 | Pays | 1-day INR FBIL MIBOR (pays semi-annually) | 6.25% (pays semi-annually) | 9/18/29 | 593 | — | 593 |
JPY | 51,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.41% (pays annually) | 9/20/28 | 2,568 | — | 2,568 |
JPY | 89,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.57% (pays annually) | 6/19/29 | 3,669 | — | 3,669 |
JPY | 28,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.43% (pays annually) | 6/15/32 | 6,327 | — | 6,327 |
JPY | 21,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.90% (pays annually) | 2/2/33 | (428) | — | (428) |
JPY | 1,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.80% (pays annually) | 9/20/33 | 43 | — | 43 |
JPY | 1,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.80% (pays annually) | 9/20/33 | 43 | — | 43 |
JPY | 1,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.81% (pays annually) | 9/20/33 | 39 | — | 39 |
JPY | 87,200 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.82% (pays annually) | 9/20/33 | 2,737 | — | 2,737 |
JPY | 42,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 0.91% (pays annually) | 6/19/34 | 1,936 | — | 1,936 |
JPY | 35,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 1.05% (pays annually) | 6/19/34 | (1,432) | — | (1,432) |
JPY | 24,000 | Receives | 1-day Overnight Tokyo Average Rate (pays annually) | 1.55% (pays annually) | 6/19/54 | 3,835 | — | 3,835 |
KRW | 742,000 | Pays | 3-month KRW Certificate of Deposit Rate (pays quarterly) | 3.02% (pays quarterly) | 9/18/34 | 2,930 | — | 2,930 |
KRW | 809,000 | Pays | 3-month KRW Certificate of Deposit Rate (pays quarterly) | 3.02% (pays quarterly) | 9/18/34 | 3,194 | — | 3,194 |
KRW | 779,000 | Pays | 3-month KRW Certificate of Deposit Rate (pays quarterly) | 3.03% (pays quarterly) | 9/18/34 | 3,577 | — | 3,577 |
14
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Interest Rate Swaps (Centrally Cleared) (continued) | ||||||||
Notional Amount (000's omitted) | Portfolio Pays/ Receives Floating Rate | Floating Rate | Annual Fixed Rate | Termination Date | Value | Unamortized Upfront Receipts (Payments) | Unrealized Appreciation (Depreciation) | |
KRW | 290,000 | Pays | 3-month KRW Certificate of Deposit Rate (pays quarterly) | 3.05% (pays quarterly) | 9/18/34 | $ 1,667 | $ — | $ 1,667 |
PLN | 1,900 | Pays | 6-month PLN WIBOR (pays semi-annually) | 4.81% (pays annually) | 9/18/29 | 3,211 | — | 3,211 |
THB | 7,870 | Pays | Thai Overnight Repurchase Rate (pays semi-annually) | 2.36% (pays semi-annually) | 9/18/29 | 1,822 | — | 1,822 |
THB | 9,000 | Pays | Thai Overnight Repurchase Rate (pays semi-annually) | 2.36% (pays semi-annually) | 9/18/29 | 2,115 | — | 2,115 |
THB | 9,400 | Pays | Thai Overnight Repurchase Rate (pays semi-annually) | 2.36% (pays semi-annually) | 9/18/29 | 2,238 | — | 2,238 |
THB | 8,000 | Pays | Thai Overnight Repurchase Rate (pays semi-annually) | 2.36% (pays semi-annually) | 9/18/29 | 1,937 | — | 1,937 |
TWD | 7,400 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.26% (pays quarterly) | 3/20/29 | 5,428 | — | 5,428 |
TWD | 9,900 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.27% (pays quarterly) | 3/20/29 | 7,054 | — | 7,054 |
TWD | 10,100 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.32% (pays quarterly) | 3/20/29 | 6,486 | — | 6,486 |
TWD | 23,800 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.33% (pays quarterly) | 3/20/29 | 14,867 | — | 14,867 |
TWD | 8,000 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.35% (pays quarterly) | 3/20/29 | 4,801 | — | 4,801 |
TWD | 32,700 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.36% (pays quarterly) | 3/20/29 | 19,163 | — | 19,163 |
TWD | 9,900 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.37% (pays quarterly) | 3/20/29 | 5,663 | — | 5,663 |
TWD | 9,900 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.38% (pays quarterly) | 3/20/29 | 5,593 | — | 5,593 |
TWD | 24,100 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.64% (pays quarterly) | 6/19/29 | 5,278 | — | 5,278 |
TWD | 5,800 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.95% (pays quarterly) | 6/19/29 | (1,449) | — | (1,449) |
TWD | 22,000 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.90% (pays quarterly) | 9/18/29 | (3,071) | — | (3,071) |
TWD | 22,000 | Receives | 3-month TWD TAIBOR (pays quarterly) | 1.90% (pays quarterly) | 9/18/29 | (3,314) | — | (3,314) |
USD | 850 | Pays | SOFR (pays annually) | 4.01% (pays annually) | 8/4/28 | (2,117) | — | (2,117) |
USD | 1,050 | Pays | SOFR (pays annually) | 4.01% (pays annually) | 8/4/28 | (2,566) | — | (2,566) |
USD | 1,000 | Pays | SOFR (pays annually) | 3.06% (pays annually) | 11/7/32 | (56,649) | — | (56,649) |
USD | 1,265 | Pays | SOFR (pays annually) | 3.80% (pays annually) | 11/28/33 | (2,221) | — | (2,221) |
Total | $546,845 | $ — | $546,845 |
15
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Interest Rate Swaps (OTC) | |||||||
Counterparty | Notional Amount (000's omitted) | Portfolio Pays/Receives Floating Rate | Floating Rate | Annual Fixed Rate | Termination Date | Value/Unrealized Appreciation (Depreciation) | |
Citibank, N.A. | MYR | 4,000 | Receives | 3-month MYR KLIBOR (pays quarterly) | 3.62% (pays quarterly) | 3/20/29 | $(5,305) |
Goldman Sachs International | MYR | 2,000 | Pays | 3-month MYR KLIBOR (pays quarterly) | 3.68% (pays quarterly) | 6/19/29 | 3,818 |
JPMorgan Chase Bank, N.A. | MYR | 2,000 | Receives | 3-month MYR KLIBOR (pays quarterly) | 3.63% (pays quarterly) | 3/20/29 | (2,846) |
JPMorgan Chase Bank, N.A. | MYR | 2,200 | Receives | 3-month MYR KLIBOR (pays quarterly) | 3.63% (pays quarterly) | 3/20/29 | (3,152) |
JPMorgan Chase Bank, N.A. | MYR | 1,700 | Pays | 3-month MYR KLIBOR (pays quarterly) | 3.68% (pays quarterly) | 6/19/29 | 3,280 |
Nomura International PLC | MYR | 4,000 | Receives | 3-month MYR KLIBOR (pays quarterly) | 3.60% (pays quarterly) | 3/20/29 | (4,531) |
Standard Chartered Bank | MYR | 2,000 | Receives | 3-month MYR KLIBOR (pays quarterly) | 3.62% (pays quarterly) | 3/20/29 | (2,652) |
Standard Chartered Bank | MYR | 1,000 | Pays | 3-month MYR KLIBOR (pays quarterly) | 3.69% (pays quarterly) | 6/19/29 | 1,990 |
Total | $(9,398) |
Total Return Swaps (OTC) | ||||||
Counterparty | Notional Amount (000's omitted) | Portfolio Receives | Portfolio Pays | Termination Date | Value/Unrealized Appreciation (Depreciation) | |
Barclays Bank PLC | USD | 455 | Return on PEN 1,706,980 Government of Peru, 5.35%, 8/12/40 (pays upon termination) | SOFR + 1.10% on Notional Amount (pays upon termination) | 8/8/24 | $1,300 |
$1,300 |
16
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Cross-Currency Swaps (OTC) | ||||
Counterparty | Portfolio Receives | Portfolio Pays | Effective Date/ Termination Date(1) | Value/Unrealized Appreciation (Depreciation) |
Bank of America, N.A. | 3-month PLN WIBOR + 0.59% on PLN 4,411,843 (Notional Amount) (pays quarterly) plus EUR equivalent of Notional Amount* | 3-month EURIBOR on EUR equivalent of Notional Amount (pays quarterly) plus Notional Amount* | 6/5/26/ 6/5/29 | $4,445 |
BNP Paribas | Colombia Overnight Interbank Reference Rate + 1.26% on COP 22,111,516,375 (Notional Amount) (pays quarterly) plus USD 5,576,675* | SOFR on USD 5,576,675 (pays quarterly) plus USD equivalent of Notional Amount* | 6/13/25/ 6/13/26 | (19,734) |
Goldman Sachs International | Colombia Overnight Interbank Reference Rate + 1.34% on COP 11,971,271,000 (Notional Amount) (pays quarterly) plus USD 3,107,000* | SOFR on USD 3,107,000 (pays quarterly) plus USD equivalent of Notional Amount* | 5/30/25/ 5/30/26 | 63 |
JPMorgan Chase Bank, N.A. | 3-month PLN WIBOR + 0.62% on PLN 8,421,053 (Notional Amount) (pays quarterly) plus EUR equivalent of Notional Amount* | 3-month EURIBOR on EUR equivalent of Notional Amount (pays quarterly) plus Notional Amount* | 5/31/26/ 5/31/29 | (985) |
$(16,211) |
(1) | Effective date represents the date on which the Portfolio and counterparty exchange the currencies and begin interest payment accrual. |
* | The Portfolio pays interest on the currency received and receives interest on the currency delivered. At the termination date, the notional amount of the currency received will be exchanged for the notional amount of the currency delivered. For non-deliverable currency swaps, the net of the USD amount and USD equivalent of the Notional Amount will be paid or received by the Portfolio. |
Abbreviations: | |
BUBOR | – Budapest Interbank Offered Rate |
COF | – Cost of Funds 11th District |
CPI-U (NSA) | – Consumer Price Index All Urban Non-Seasonally Adjusted |
EURIBOR | – Euro Interbank Offered Rate |
FBIL | – Financial Benchmarks India Ltd. |
GDP | – Gross Domestic Product |
HICP | – Harmonised Indices of Consumer Prices |
KLIBOR | – Kuala Lumpur Interbank Offered Rate |
MIBOR | – Mumbai Interbank Offered Rate |
OTC | – Over-the-counter |
PRIBOR | – Prague Interbank Offered Rate |
SOFR | – Secured Overnight Financing Rate |
STACR | – Structured Agency Credit Risk |
TAIBOR | – Taipei Interbank Offered Rate |
TBA | – To Be Announced |
TLREF | – Turkish Lira Overnight Reference Rate |
WIBOR | – Warsaw Interbank Offered Rate |
Currency Abbreviations: | |
AUD | – Australian Dollar |
BRL | – Brazilian Real |
CAD | – Canadian Dollar |
CLP | – Chilean Peso |
CNH | – Yuan Renminbi Offshore |
CNY | – Yuan Renminbi |
COP | – Colombian Peso |
CZK | – Czech Koruna |
DOP | – Dominican Peso |
EGP | – Egyptian Pound |
EUR | – Euro |
GBP | – British Pound Sterling |
HKD | – Hong Kong Dollar |
HUF | – Hungarian Forint |
IDR | – Indonesian Rupiah |
ILS | – Israeli Shekel |
INR | – Indian Rupee |
ISK | – Icelandic Krona |
JPY | – Japanese Yen |
KRW | – South Korean Won |
MXN | – Mexican Peso |
MYR | – Malaysian Ringgit |
17
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
NZD | – New Zealand Dollar |
PEN | – Peruvian Sol |
PHP | – Philippine Peso |
PLN | – Polish Zloty |
PYG | – Paraguayan Guarani |
RSD | – Serbian Dinar |
SEK | – Swedish Krona |
SGD | – Singapore Dollar |
THB | – Thai Baht |
TRY | – Turkish Lira |
TWD | – New Taiwan Dollar |
UAH | – Ukrainian Hryvnia |
USD | – United States Dollar |
UYU | – Uruguayan Peso |
ZAR | – South African Rand |
At July 31, 2024, the Portfolio had sufficient cash and/or securities to cover commitments under open derivative contracts.
In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:
Credit Risk: The Portfolio enters into credit default swap contracts to enhance total return and/or as a substitute for the purchase or sale of securities.
Foreign Exchange Risk: The Portfolio engages in forward foreign currency exchange contracts, currency options and cross-currency swaps to enhance total return, to seek to hedge against fluctuations in currency exchange rates and/or as a substitute for the purchase or sale of securities or currencies.
Interest Rate Risk: The Portfolio utilizes various interest rate derivatives including non-deliverable bond forward contracts, interest rate futures contracts, interest rate swaps and swaptions, inflation swaps and cross-currency swaps to enhance total return, to seek to hedge against fluctuations in interest rates and/or to change the effective duration of its portfolio.
Reverse Repurchase Agreements
Reverse repurchase agreements outstanding as of July 31, 2024 were as follows:
Counterparty | Trade Date | Maturity Date | Interest Rate Paid (Received) | Principal Amount | Value Including Accrued Interest | |
JPMorgan Chase Bank, N.A. | 5/14/24 | On Demand(1) | 5.55% | NZD | 785,786 | $473,211 |
JPMorgan Chase Bank, N.A. | 5/15/24 | On Demand(1) | 5.55 | NZD | 535,004 | 322,138 |
Total | $795,349 |
(1) | Open reverse repurchase agreement with no specific maturity date. Either party may terminate the agreement upon demand. |
At July 31, 2024, the remaining contractual maturity of open reverse repurchase agreements was overnight and continuous. At July 31, 2024, the underlying collateral for all open reverse repurchase agreements was comprised of Sovereign Government Bonds having an aggregate market value of $819,562.
Based on the short-term nature of the borrowings under the reverse repurchase agreements, the carrying value of the payable for reverse repurchase agreements approximated its fair value at July 31, 2024. If measured at fair value, borrowings under the reverse repurchase agreements would have been considered as Level 2 in the fair value hierarchy at July 31, 2024.
18
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Affiliated Investments
At July 31, 2024, the value of the Portfolio's investment in funds that may be deemed to be affiliated was $2,127,071, which represents 6.4% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the fiscal year to date ended July 31, 2024 were as follows:
Name | Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) | Change in unrealized appreciation (depreciation) | Value, end of period | Dividend income | Shares, end of period |
Short-Term Investments | ||||||||
Liquidity Fund, Institutional Class(1) | $803,076 | $30,474,518 | $(29,150,523) | $ — | $ — | $2,127,071 | $64,264 | 2,127,071 |
(1) | Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio. |
Fair Value Measurements
Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.
• | Level 1 – quoted prices in active markets for identical investments |
• | Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
• | Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments) |
In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
At July 31, 2024, the hierarchy of inputs used in valuing the Portfolio’s investments and open derivative instruments, which are carried at fair value, were as follows:
Asset Description | Level 1 | Level 2 | Level 3 | Total |
Collateralized Mortgage Obligations | $ — | $ 2,872,558 | $ — | $ 2,872,558 |
Foreign Corporate Bonds | — | 276,585 | — | 276,585 |
Sovereign Government Bonds | — | 21,386,458 | — | 21,386,458 |
U.S. Government Agency Mortgage-Backed Securities | — | 3,667,936 | — | 3,667,936 |
Short-Term Investments: | ||||
Affiliated Fund | 2,127,071 | — | — | 2,127,071 |
U.S. Treasury Obligations | — | 3,381,019 | — | 3,381,019 |
Purchased Currency Options | — | 11,712 | — | 11,712 |
Total Investments | $2,127,071 | $31,596,268 | $ — | $33,723,339 |
Forward Foreign Currency Exchange Contracts | $ — | $ 822,079 | $ — | $ 822,079 |
Futures Contracts | 194,141 | — | — | 194,141 |
Swap Contracts | — | 806,996 | — | 806,996 |
Total | $2,321,212 | $33,225,343 | $ — | $35,546,555 |
Liability Description | ||||
Written Interest Rate Swaptions | $ — | $ (1) | $ — | $ (1) |
Forward Foreign Currency Exchange Contracts | — | (530,796) | — | (530,796) |
Futures Contracts | (54,101) | — | — | (54,101) |
19
International Income Portfolio
July 31, 2024
Portfolio of Investments (Unaudited) — continued
Liability Description (continued) | Level 1 | Level 2 | Level 3 | Total |
Swap Contracts | $ — | $ (294,515) | $ — | $ (294,515) |
Total | $ (54,101) | $ (825,312) | $ — | $ (879,413) |
For information on the Portfolio’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio’s most recent financial statements included in its semi-annual or annual report to shareholders.
20