|
Taiwan Semi.
5.3
|
|
Alibaba.com
5.1
|
|
Samsung Elec.
5.1
|
|
CIA Vale Do Rio
2.9
|
|
Freeport McMoran Copper
2.8
|
|
SAUDI ARABIAN OIL CO
2.8
|
|
Petrobras
2.8
|
|
China Construction Bank
2.5
|
|
Banco Bradesco
2.3
|
|
ZIJIN MINING GROUP CO LTD-H
2.3
|
|
Asia
|
|
Latin America
|
|
EMEA
|
The top holdings will vary over time. There is no guarantee that the Fund currently holds any of the securities listed. The information above is based on the total assets of the Fund, excluding Cash. The holdings listed should not be considered recommendations to purchase or sell a particular security.
Sector and country allocations and asset classes determined by the Adviser are expressed as a percentage of total investments (by market value), excluding Cash, and will vary over time.
| Payable Date | Record Date | Ex date | Amount per Share | Qualified Income Per Share | Return of Capital Per Share | Short Term Capital Gain Per Share | Long Term Capital Per Share |
|---|---|---|---|---|---|---|---|
| 12/15/2022 | 12/14/2022 | 12/15/2022 | $0.1970 | $0.1755 | - | - | - |
| 1/3/2022 | 12/31/2021 | 1/3/2022 | $0.0058 | $0.0058 | - | - | - |
| 12/16/2021 | 12/15/2021 | 12/16/2021 | $0.0618 | $0.0505 | - | - | - |
| Payable Date | Record Date | Ex date | Amount per Share | Qualified Income Per Share | Return of Capital Per Share | Short Term Capital Gain Per Share | Long Term Capital Per Share |
|---|---|---|---|---|---|---|---|
| 12/15/2022 | 12/14/2022 | 12/15/2022 | $0.1767 | $0.1574 | - | - | - |
The 30-Day SEC Yield does not include income that is determined to be from return of capital. The 30-Day Yield represents net investment income earned by the Fund over the 30-day period as of the most recent quarter-end, expressed as an annual percentage rate based on the Fund's share price at the end of the 30-day period. The 30-Day Unsubsidized SEC Yield does not reflect any fee waivers, reimbursements, limits in effect.
The distribution rate referenced above is calculated as the annualized amount of the most recent quarterly distribution declared, including distributions from long-term capital gains and excluding special distributions, divided by Net Asset Value per share as of the most recent quarter-end. This calculation does not include any non-income items such as loan proceeds or borrowings. The Fund estimates that it has distributed net investment income and net realized capital gains. The final tax character of the distributions will be reported on IRS Form 1099-DIV by the last day in January.
Investing in the Fund involves risk, including possible loss of principal invested. There can be no assurance that the Fund will achieve its investment objective.
The Fund invests in equity securities of emerging market companies as part of its principal investment strategy.
Foreign securities involve additional risks, including but not limited to exchange rate changes, political and economic upheaval, and relatively low market liquidity. As a result, the risks described relating to investments in foreign securities, including the risks of nationalization or expropriation of assets, would be heightened in emerging markets. In addition, unanticipated political or social developments may affect the values of the Fund's investments and the availability to the Fund of additional investments in such emerging markets.
The small size and inexperience of the securities markets in certain emerging markets and the limited volume of trading in securities in those markets may make the Fund's investments in such countries less liquid and more volatile than investments in countries with more developed securities markets (such as the U.S., Japan and most Western European countries).
The Fund is new, with a limited operating history, and there can be no assurance that the Fund will grow or maintain an economically viable size, in which case the Board of Trustees of the Fund may decide to liquidate the Fund.
