Eaton Vance
Strategic Income Fund
July 31, 2026 (Unaudited)
 
Eaton Vance Strategic Income Fund (the Fund), a non-diversified series of Eaton Vance Mutual Funds Trust, currently pursues its investment objective by investing substantially all of its investable assets in interests in one or more registered investment companies (each a Portfolio) managed by Eaton Vance Management or its affiliates and in shares of Eaton Vance Emerging Markets Debt Opportunities Fund and Calvert Emerging Markets Advancement Fund (the Affiliated Investment Funds). The Fund owns a pro rata interest in the net assets of each Portfolio in which it invests. At July 31, 2026, the Fund owned 7.2% of Emerging Markets Local Income Portfolio’s outstanding interests, 24.2% of Global Macro Absolute Return Advantage Portfolio’s outstanding interests, 100% of Global Opportunities Portfolio’s outstanding interests, 46.8% of High Income Opportunities Portfolio’s outstanding interests, 64.0% of International Income Portfolio’s outstanding interests and 12.0% of Senior Debt Portfolio’s outstanding interests. The Fund’s Portfolio of Investments at July 31, 2026 is set forth below.
1
Eaton Vance
Strategic Income Fund
July 31, 2026
Portfolio of Investments (Unaudited)
 
Investments in Affiliated Portfolios (the Portfolios)
 
Description
 
Value
% of Net
Assets
Emerging Markets Local Income Portfolio
 
(identified cost $119,057,310)
 
$   138,670,149
0.7%
Global Macro Absolute Return Advantage Portfolio
 
(identified cost $1,652,287,352)
 
1,860,495,219
9.7
Global Opportunities Portfolio
 
(identified cost $15,152,121,231)
 
15,092,970,762
78.3
High Income Opportunities Portfolio
 
(identified cost $987,683,825)
 
   982,163,618
5.1
International Income Portfolio
 
(identified cost $201,179,252)
 
   201,498,364
1.0
Senior Debt Portfolio
 
(identified cost $523,167,402)
 
   534,869,297
2.8
Total Investments in Affiliated Portfolios
(identified cost $18,635,496,372)
 
$18,810,667,409
97.6%
 
Investments in Affiliated Investment Funds
 
Security
Shares
Value
% of Net
Assets
Fixed Income Funds
 
Calvert Emerging Markets Advancement Fund
 4,992,118
$    90,956,384
0.5%
Eaton Vance Emerging Markets Debt
Opportunities Fund, Class R6
43,606,543
   375,452,334
1.9
Total Investments in Affiliated Investment Funds
(identified cost $448,428,925)
 
$   466,408,718
2.4%
Total Investments
(identified cost $19,083,925,297)
 
$19,277,076,127
100.0%
Other Assets, Less Liabilities
 
$     5,685,178
0.0%†
Net Assets
 
$19,282,761,305
100.0%
 
† Amount is less than 0.05% or (0.05)%, as applicable.
Affiliated Investments
At July 31, 2026, the value of the Fund's investment in affiliated funds was $466,408,718, which represents 2.4% of the Fund's net assets. Transactions in such investments by the Fund for the fiscal year to date ended July 31, 2026 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
Calvert Emerging Markets Advancement
Fund
$        —
$95,000,000
$         —
$       —
$(4,043,616)
$ 90,956,384
$ —
 4,992,118
Eaton Vance Emerging Markets Debt
Opportunities Fund, Class R6
570,523,568
42,747,474
(253,000,000)
11,065,019
 4,116,273
375,452,334
42,747,474
43,606,543
Total
$11,065,019
$72,657
$466,408,718
$42,747,474
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.
2
Eaton Vance
Strategic Income Fund
July 31, 2026
Portfolio of Investments (Unaudited) — continued
At July 31, 2026, the hierarchy of inputs used in valuing the Fund's investments in securities and investments in the Portfolios, which are carried at fair value, were as follows: 
Asset Description 
Level 1 
Level 2 
Level 3 
Total 
Investments in Portfolios
$18,810,667,409
$ —
$ —
$18,810,667,409
Investments in Affiliated Investment Funds
466,408,718
 —
 —
466,408,718
Total Investments
$19,277,076,127
$ —
$ —
$19,277,076,127
For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.
The Global Opportunities Portfolio’s Portfolio of Investments is set forth below. A copy of each of the other Portfolio’s and Affiliated Investment Funds' Part F to Form N-PORT (containing a Portfolio of Investments) at July 31, 2026 is available by calling Eaton Vance at 1-800-262-1122 or in EDGAR database on the Securities and Exchange Commission’s website at www.sec.gov.
3
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited)
 
Asset-Backed Securities — 5.9%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
AASET Ltd., Series 2026-1A, Class B1, 6.572%,
7/16/51(1)
$
     10,930
$   10,915,911
AASET MT-1 Ltd., Series 2025-3A, Class B,
5.732%, 2/16/50(1)
 
      7,911
    7,706,901
Abry Liquid Credit CLO Ltd., Series 2025-1A,
Class D, 6.979%, (3 mo. SOFR + 3.25%),
10/20/38(1)(2)
 
      5,000
    5,024,655
ACHM Mortgage Trust, Series 2024-HE1, Class B,
7.26%, 5/25/39(1)
 
        551
      564,254
AIMCO CLO 11 Ltd., Series 2020-11A, Class D1R2,
6.70%, (3 mo. SOFR + 2.95%), 7/17/37(1)(2)
 
      4,000
    4,009,580
Allegany Park CLO Ltd., Series 2019-1A,
Class ERR, 10.129%, (3 mo. SOFR + 6.40%),
1/20/35(1)(2)
 
      1,000
      830,903
AMSR Trust: 
 
Series 2021-SFR1, Class G, 4.612%, 6/17/38(1)
 
      2,250
    2,179,120
Series 2022-SFR1, Class G, 5.00%, 3/17/39(1)
 
     14,000
   13,859,075
ARES LXI CLO Ltd., Series 2021-61A, Class ER,
10.569%, (3 mo. SOFR + 6.84%), 4/20/37(1)(2)
 
      3,350
    3,099,316
Babson CLO Ltd.: 
 
Series 2022-4A, Class D1R, 6.979%, (3 mo.
SOFR + 3.25%), 10/20/37(1)(2)
 
      5,000
    5,006,475
Series 2024-3A, Class E, 9.629%, (3 mo. SOFR
+ 5.90%), 7/20/37(1)(2)
 
      2,000
    2,010,690
Ballyrock CLO 14 Ltd., Series 2020-14A,
Class C2R, 7.979%, (3 mo. SOFR + 4.25%),
7/20/37(1)(2)
 
      2,500
    2,500,125
Ballyrock CLO 15 Ltd.: 
 
Series 2021-1A, Class D1R, 6.603%, (3 mo.
SOFR + 2.85%), 1/15/38(1)(2)
 
      7,000
    6,921,250
Series 2021-1A, Class ER, 9.003%, (3 mo.
SOFR + 5.25%), 1/15/38(1)(2)
 
      2,000
    1,853,208
Ballyrock CLO 16 Ltd.: 
 
Series 2021-16A, Class C1R, 6.479%, (3 mo.
SOFR + 2.75%), 4/20/38(1)(2)
 
      3,000
    2,959,731
Series 2021-16A, Class DR, 8.879%, (3 mo.
SOFR + 5.15%), 4/20/38(1)(2)
 
      3,000
    2,758,122
Ballyrock CLO 18 Ltd., Series 2021-18A, Class DR,
9.503%, (3 mo. SOFR + 5.75%), 4/15/38(1)(2)
 
      2,000
    1,896,224
Ballyrock CLO Ltd., Series 2019-2A, Class DR3,
9.96%, (3 mo. SOFR + 6.15%), 10/25/38(1)(2)
 
      6,000
    5,814,054
Barings CLO Ltd.: 
 
Series 2023-2A, Class ER, 8.829%, (3 mo.
SOFR + 5.10%), 10/20/38(1)(2)
 
      3,000
    2,962,332
Series 2025-1A, Class D2, 7.379%, (3 mo.
SOFR + 3.65%), 4/20/38(1)(2)
 
      3,000
    2,952,966
Series 2025-1A, Class E, 8.329%, (3 mo. SOFR
+ 4.60%), 4/20/38(1)(2)
 
      4,000
    3,953,988
Battalion CLO 18 Ltd., Series 2024-25A, Class D,
8.079%, (3 mo. SOFR + 4.35%), 3/13/37(1)(2)
 
      5,000
    5,021,735
 
 
Security
Principal
Amount
(000's omitted)
Value
Battalion CLO XXII Ltd., Series 2021-22A, Class D,
7.341%, (3 mo. SOFR + 3.612%), 1/20/35(1)(2)
$
      2,000
$    1,896,144
Battalion CLO XXIX Ltd., Series 2025-29A,
Class D1, 7.053%, (3 mo. SOFR + 3.30%),
3/31/38(1)(2)
 
      5,000
    5,024,590
Battalion CLO XXX Ltd., Series 2025-30A, Class D1,
6.679%, (3 mo. SOFR + 2.95%), 1/20/39(1)(2)
 
      4,000
    4,008,220
Bear Mountain Park CLO Ltd., Series 2022-1A,
Class ER, 9.703%, (3 mo. SOFR + 5.95%),
7/15/37(1)(2)
 
      1,375
    1,256,966
Benefit Street Partners CLO 41 Ltd.,
Series 2025-41A, Class D1, 6.56%, (3 mo.
SOFR + 2.75%), 7/25/38(1)(2)
 
      5,000
    5,015,065
Benefit Street Partners CLO XII-B Ltd.,
Series 2017-12BRA, Class D1, 6.803%, (3 mo.
SOFR + 3.05%), 10/15/37(1)(2)
 
      3,000
    3,004,926
Benefit Street Partners CLO XVI Ltd.: 
 
Series 2018-16A, Class D1R2, 6.45%, (3 mo.
SOFR + 2.70%), 1/17/38(1)(2)
 
      2,000
    1,990,138
Series 2018-16A, Class D2R2, 7.75%, (3 mo.
SOFR + 4.00%), 1/17/38(1)(2)
 
      2,500
    2,463,745
Benefit Street Partners CLO XXII Ltd.: 
 
Series 2020-22A, Class DRR, 6.479%, (3 mo.
SOFR + 2.75%), 4/20/35(1)(2)
 
      2,000
    2,002,414
Series 2020-22A, Class ERR, 8.629%, (3 mo.
SOFR + 4.90%), 4/20/35(1)(2)
 
      2,000
    1,980,204
Benefit Street Partners CLO XXIII Ltd.,
Series 2021-23A, Class D1RR, 6.343%, (3 mo.
SOFR + 2.70%), 4/25/39(1)(2)
 
      6,500
    6,499,291
Birch Grove CLO 14 Ltd., Series 2025-14A,
Class D1R, 6.383%, (3 mo. SOFR + 2.65%),
7/22/39(1)(2)
 
      5,000
    5,006,915
Blueberry Park CLO Ltd., Series 2024-1A, Class D2,
7.979%, (3 mo. SOFR + 4.25%), 10/20/37(1)(2)
 
      1,500
    1,491,336
BlueMountain CLO Ltd.: 
 
Series 2015-3A, Class DR, 9.391%, (3 mo.
SOFR + 5.662%), 4/20/31(1)(2)
 
      2,000
    1,299,580
Series 2016-3A, Class ER, 9.863%, (3 mo.
SOFR + 6.212%), 11/15/30(1)(2)
 
      1,000
      776,483
BlueMountain CLO XXX Ltd., Series 2020-30A,
Class ER, 10.453%, (3 mo. SOFR + 6.70%),
4/15/35(1)(2)
 
      2,000
    1,884,962
BlueMountain CLO XXXIV Ltd., Series 2022-34A,
Class E, 11.279%, (3 mo. SOFR + 7.55%),
4/20/35(1)(2)
 
      1,000
      937,184
Bridge Trust: 
 
Series 2024-SFR1, Class E1, 4.30%, 8/17/40(1)
 
      2,915
    2,785,223
Series 2024-SFR1, Class E2, 5.50%, 8/17/40(1)
 
      1,000
      960,963
Series 2025-SFR1, Class E, 4.35%, 9/17/42(1)
 
      1,445
    1,320,788
Bryant Park Funding Ltd.: 
 
Series 2023-19A, Class D1R, 6.553%, (3 mo.
SOFR + 2.80%), 4/15/38(1)(2)
 
      5,250
    5,110,439
4
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Bryant Park Funding Ltd.: (continued)
 
Series 2023-20A, Class DR, 7.153%, (3 mo.
SOFR + 3.40%), 4/15/38(1)(2)
$
      5,000
$    4,914,965
Series 2023-21A, Class D1R, 6.479%, (3 mo.
SOFR + 2.75%), 10/18/38(1)(2)
 
      3,000
    2,915,085
Series 2023-21A, Class ER, 8.979%, (3 mo.
SOFR + 5.25%), 10/18/38(1)(2)
 
      3,000
    2,919,468
Series 2024-22A, Class DR, 6.56%, (3 mo.
SOFR + 2.75%), 3/31/39(1)(2)
 
      6,000
    5,986,902
Cajun Global LLC: 
 
Series 2025-1A, Class A2, 6.554%, 2/20/55(1)
 
     12,400
   12,582,225
Series 2025-2A, Class A2, 5.912%, 11/20/55(1)
 
     10,000
    9,952,832
Series 2025-2A, Class M, 8.72%, 11/20/55(1)
 
     17,500
   17,283,222
Canyon Capital CLO Ltd.: 
 
Series 2016-1A, Class ER, 9.85%, (3 mo. SOFR
+ 6.012%), 7/15/31(1)(2)
 
      4,000
    3,569,288
Series 2016-2A, Class ER, 9.60%, (3 mo. SOFR
+ 6.262%), 10/15/31(1)(2)
 
      1,000
      716,796
Series 2022-1A, Class D, 6.993%, (3 mo. SOFR
+ 3.20%), 4/15/35(1)(2)
 
      1,900
    1,870,801
Carlyle U.S. CLO Ltd.: 
 
Series 2019-3A, Class ER3, 8.679%, (3 mo.
SOFR + 4.95%), 4/20/39(1)(2)
 
      3,000
    2,907,933
Series 2026-1A, Class E, 8.926%, (3 mo. SOFR
+ 5.25%), 4/25/39(1)(2)
 
      3,250
    3,273,225
Crown City CLO III, Series 2021-1A, Class C,
7.237%, (3 mo. SOFR + 3.562%), 7/20/34(1)(2)
 
      1,000
      982,718
Crown Point CLO 10 Ltd., Series 2021-10A,
Class E, 10.841%, (3 mo. SOFR + 7.112%),
7/20/34(1)(2)
 
      2,000
    1,935,132
Dryden CLO Ltd., Series 2018-55A, Class E,
9.415%, (3 mo. SOFR + 5.662%), 4/15/31(1)(2)
 
      1,000
      993,320
Dryden Senior Loan Fund, Series 2016-42A,
Class ERR, 10.253%, (3 mo. SOFR + 6.50%),
7/15/37(1)(2)
 
      2,000
    1,942,208
Eldridge CLO Ltd., Series 2025-2A, Class E,
8.979%, (3 mo. SOFR + 5.25%), 1/20/39(1)(2)
 
      3,000
    3,026,688
Elmwood CLO 14 Ltd., Series 2022-1A, Class DR,
6.629%, (3 mo. SOFR + 2.90%), 10/20/38(1)(2)
 
      2,000
    2,006,740
Elmwood CLO 16 Ltd., Series 2022-3A,
Class D1RR, 7.229%, (3 mo. SOFR + 3.50%),
4/20/37(1)(2)
 
      2,000
    2,010,610
Elmwood CLO 32 Ltd., Series 2024-8A, Class D1,
6.579%, (3 mo. SOFR + 2.85%), 10/18/37(1)(2)
 
      3,000
    3,005,979
Elmwood CLO 40 Ltd., Series 2025-3A, Class E,
9.00%, (3 mo. SOFR + 5.25%), 3/22/38(1)(2)
 
      2,000
    2,010,786
Elmwood CLO VI Ltd.: 
 
Series 2020-3A, Class D1RR, 6.829%, (3 mo.
SOFR + 3.10%), 7/18/37(1)(2)
 
      1,300
    1,297,911
Series 2020-3A, Class ERR, 9.629%, (3 mo.
SOFR + 5.90%), 7/18/37(1)(2)
 
      1,000
      983,629
 
 
Security
Principal
Amount
(000's omitted)
Value
FirstKey Homes Trust: 
 
Series 2021-SFR1, Class G, 3.835%, 8/17/38(1)
$
     37,071
$   36,966,412
Series 2021-SFR2, Class G, 3.406%, 9/17/38(1)
 
     12,501
   12,427,859
Series 2021-SFR3, Class G, 3.981%,
12/17/38(1)
 
      9,268
    9,135,847
FMC Issuer Trust-FMSR, Series 2024-FT1, Class A,
6.559%, 9/25/29(1)
 
     37,000
   36,461,757
Galaxy 31 CLO Ltd., Series 2023-31A, Class DR,
6.953%, (3 mo. SOFR + 3.20%), 7/15/38(1)(2)
 
      2,300
    2,263,368
Galaxy 33 CLO Ltd.: 
 
Series 2024-33A, Class D1, 7.279%, (3 mo.
SOFR + 3.55%), 4/20/37(1)(2)
 
      2,000
    1,995,900
Series 2024-33A, Class E, 10.379%, (3 mo.
SOFR + 6.65%), 4/20/37(1)(2)
 
      2,300
    2,202,303
Galaxy 34 CLO Ltd., Series 2024-34A, Class E,
9.629%, (3 mo. SOFR + 5.90%), 10/20/37(1)(2)
 
      3,000
    2,963,262
GGAM Master Trust International Ltd.,
Series 2026-1A, Class Y, 9.317%, 9/30/60(1)
 
      4,500
    4,488,327
Goddard Funding LLC, Series 2022-1A, Class A2,
6.864%, 10/30/52(1)
 
      6,773
    6,766,223
Golub Capital Partners ABS Funding,
Series 2024-2A, Class B, 7.255%, 7/25/34(1)
 
      5,000
    4,864,075
Golub Capital Partners CLO 53B Ltd.,
Series 2021-53A, Class DR, 6.129%, (3 mo.
SOFR + 2.40%), 7/20/34(1)(2)
 
      2,000
    1,949,328
Gracie Point International Funding LLC,
Series 2025-1A, Class C, 6.382%, (30-day
SOFR Average + 2.75%), 8/15/28(1)(2)
 
        750
      750,660
HalseyPoint CLO 5 Ltd., Series 2021-5A, Class D,
7.605%, (3 mo. SOFR + 3.762%), 1/30/35(1)(2)
 
      3,500
    3,436,867
Harvest U.S. CLO Ltd.: 
 
Series 2024-2A, Class D1, 7.003%, (3 mo.
SOFR + 3.25%), 10/15/37(1)(2)
 
      3,500
    3,503,980
Series 2024-2A, Class E, 10.653%, (3 mo.
SOFR + 6.90%), 10/15/37(1)(2)
 
      1,000
      975,258
Series 2024-3A, Class D1, 7.029%, (3 mo.
SOFR + 3.30%), 1/18/38(1)(2)
 
      1,000
    1,003,016
Highbridge Loan Management, Series 3A-2014,
Class DR, 10.491%, (3 mo. SOFR + 6.762%),
7/18/29(1)(2)
 
      2,770
    2,468,201
Home Partners of America Trust: 
 
Series 2021-2, Class F, 3.799%, 12/17/26(1)
 
     28,893
   28,627,105
Series 2021-2, Class G, 4.505%, 12/17/26(1)
 
     44,786
   44,406,582
HTS Fund II LLC, Series 2025-1, Class B, 6.571%,
6/23/45(1)
 
      1,150
    1,148,737
KKR CLO 48 Ltd., Series 48-A, Class D1R, 6.625%,
(3 mo. SOFR + 2.95%), 10/20/38(1)(2)
 
      4,000
    4,005,572
KKR CLO 52 Ltd., Series 2023-52A, Class D1R,
6.893%, (3 mo. SOFR + 3.10%), 7/16/38(1)(2)
 
      5,000
    5,013,590
5
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
LoanDepot GMSR Trust: 
 
Series 2025-GT1, Class A, 6.555%, (1 mo.
SOFR + 2.85%), 5/16/30(1)(2)
$
     78,929
$   78,700,284
Series 2025-GT1, Class B, 7.255%, (1 mo.
SOFR + 3.55%), 5/16/30(1)(2)
 
     13,071
   13,079,225
Madison Park Funding XXII Ltd., Series 2016-22A,
Class D1R2, 6.653%, (3 mo. SOFR + 2.90%),
1/15/38(1)(2)
 
      3,000
    2,906,418
Madison Park Funding XXXVI Ltd., Series 2019-36A,
Class ERR, 9.353%, (3 mo. SOFR + 5.60%),
4/15/35(1)(2)
 
      2,000
    1,703,008
Magnetite XXII Ltd.: 
 
Series 2019-22A, Class DJ, 7.903%, (3 mo.
SOFR + 4.15%), 7/15/36(1)(2)
 
      2,000
    1,999,980
Series 2019-22A, Class DRR, 6.653%, (3 mo.
SOFR + 2.90%), 7/15/36(1)(2)
 
      3,500
    3,504,316
Marble Point CLO XXIV Ltd., Series 2022-1A,
Class D1R, 6.979%, (3 mo. SOFR + 3.25%),
4/20/35(1)(2)
 
      2,500
    2,458,650
MFA Trust, Series 2024-NPL1, Class A1, 6.33% to
8/25/26, 9/25/54(1)(3)
 
      5,026
    5,036,664
MidOcean Credit CLO XXII, Series 2026-22A,
Class E, 8.629%, (3 mo. SOFR + 4.90%),
4/20/39(1)(2)
 
      3,875
    3,868,757
Navigator Aviation Ltd., Series 2024-1, Class B,
6.09%, 8/15/49(1)
 
      4,747
    4,675,829
Neuberger Berman CLO XVII Ltd., Series 2014-17A,
Class D2R4, 7.945%, (3 mo. SOFR + 4.30%),
7/22/40(1)(2)
 
      4,000
    4,002,072
Neuberger Berman Loan Advisers CLO 28 Ltd.,
Series 2018-28A, Class ER, 10.679%, (3 mo.
SOFR + 6.95%), 10/20/38(1)(2)
 
      3,000
    2,994,888
Neuberger Berman Loan Advisers CLO 59 Ltd.,
Series 2024-59A, Class E, 8.552%, (3 mo.
SOFR + 4.80%), 1/23/39(1)(2)
 
      2,000
    1,967,522
New Mountain CLO 3 Ltd.: 
 
Series CLO-3A, Class D1R, 6.679%, (3 mo.
SOFR + 2.95%), 10/20/38(1)(2)
 
      5,000
    4,901,175
Series CLO-3A, Class ER, 9.079%, (3 mo. SOFR
+ 5.35%), 10/20/38(1)(2)
 
      4,500
    4,328,896
New Mountain CLO 6 Ltd., Series CLO-6A,
Class D2, 8.029%, (3 mo. SOFR + 4.30%),
10/15/37(1)(2)
 
      2,000
    2,002,006
New Mountain CLO 7 Ltd., Series CLO-7A,
Class D2, 7.579%, (3 mo. SOFR + 3.85%),
3/31/38(1)(2)
 
      2,000
    1,964,322
NRZ Excess Spread-Collateralized Notes,
Series 2024-FNT1, Class A, 7.398%,
11/25/31(1)
 
     22,033
   21,967,065
Oaktree CLO Ltd.: 
 
Series 2019-4A, Class ERR, 10.265%, (3 mo.
SOFR + 6.59%), 7/20/37(1)(2)
 
      2,500
    2,351,440
 
 
Security
Principal
Amount
(000's omitted)
Value
Oaktree CLO Ltd.: (continued)
 
Series 2025-32A, Class D3, 8.003%, (3 mo.
SOFR + 4.25%), 7/15/38(1)(2)
$
      3,000
$    2,966,250
Octagon 60 Ltd., Series 2022-1A, Class ER,
10.729%, (3 mo. SOFR + 7.00%),
10/20/37(1)(2)
 
      2,500
    2,506,520
Octagon Investment Partners 49 Ltd.,
Series 2020-5A, Class D1R, 7.803%, (3 mo.
SOFR + 4.05%), 4/15/37(1)(2)
 
      2,000
    1,992,516
Orion CLO Ltd.: 
 
Series 2023-1A, Class D1R, 6.71%, (3 mo.
SOFR + 2.90%), 10/25/38(1)(2)
 
      4,000
    3,905,040
Series 2024-4A, Class E, 9.729%, (3 mo. SOFR
+ 6.00%), 10/20/37(1)(2)
 
      2,000
    2,009,872
Series 2025-6A, Class E, 8.979%, (3 mo. SOFR
+ 5.25%), 10/20/38(1)(2)
 
      6,000
    6,007,182
Pagaya AI Technology in Housing Trust,
Series 2023-1, Class F, 3.60%, 10/25/40(1)
 
      4,500
    4,044,571
Palmer Square CLO Ltd.: 
 
Series 2018-1A, Class CR, 7.629%, (3 mo.
SOFR + 3.90%), 4/18/37(1)(2)
 
      4,500
    4,447,120
Series 2021-2A, Class ER, 8.853%, (3 mo.
SOFR + 5.10%), 2/15/38(1)(2)
 
      2,000
    1,867,714
Series 2023-2A, Class ER, 10.129%, (3 mo.
SOFR + 6.40%), 7/20/38(1)(2)
 
      4,000
    4,015,000
Progress Residential Trust: 
 
Series 2021-SFR9, Class F, 4.053%,
11/17/40(1)
 
      1,000
      961,303
Series 2022-SFR1, Class H, 5.25%, 2/17/41(1)
 
     17,650
   17,019,274
Series 2022-SFR3, Class F, 6.60%, 4/17/39(1)
 
      2,500
    2,492,865
RCO IX Mortgage LLC, Series 2026-2, Class A1,
5.765% to 5/25/27, 5/25/31(1)(3)
 
      5,372
    5,387,303
Regatta 31 Funding Ltd., Series 2025-1A, Class D,
8.71%, (3 mo. SOFR + 4.90%), 3/25/38(1)(2)
 
      3,000
    2,877,177
Retained Vantage Data Centers Issuer LLC,
Series 2023-1A, Class A2B, 5.25%, 9/15/48(1)
 
     10,000
    7,164,147
RMF Buyout Issuance Trust, Series 2021-HB1,
Class M5, 6.00%, 11/25/31(1)(4)
 
      4,500
    4,192,133
RR 35 Ltd., Series 2024-35A, Class D, 9.103%,
(3 mo. SOFR + 5.35%), 1/15/40(1)(2)
 
      7,500
    7,523,632
RR 38 Ltd., Series 2025-38A, Class C2, 7.403%,
(3 mo. SOFR + 3.65%), 4/15/40(1)(2)
 
      4,000
    3,924,492
Saluda Grade Alternative Mortgage Trust,
Series 2025-NPL2, Class A1, 7.774% to
4/25/28, 5/25/30(1)(3)
 
     20,541
   20,494,447
Santander Bank Auto Credit-Linked Notes: 
 
Series 2024-A, Class E, 7.762%, 6/15/32(1)
 
        911
      926,368
Series 2024-B, Class F, 8.881%, 1/18/33(1)
 
      1,355
    1,388,197
Serval PLC, Series 2026-1A, Class E, 7.00%,
1/20/76(1)(4)
 
      3,747
    5,028,074
Service Experts Issuer LLC, Series 2025-1A,
Class B, 7.62%, 1/20/37(1)
 
      1,250
    1,252,972
6
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Silver Point CLO 12 Ltd., Series 2025-12A,
Class D1, 6.403%, (3 mo. SOFR + 2.65%),
10/15/38(1)(2)
$
      4,000
$    3,896,196
Sixth Street CLO XV Ltd., Series 2020-15A,
Class D1R, 6.925%, (3 mo. SOFR + 3.15%),
10/24/37(1)(2)
 
      5,000
    5,000,745
Sixth Street CLO XX Ltd., Series 2021-20A,
Class D1R, 6.70%, (3 mo. SOFR + 2.95%),
7/17/38(1)(2)
 
      4,000
    4,000,016
Sixth Street CLO XXII Ltd., Series 2023-22A,
Class D2R, 7.484%, (3 mo. SOFR + 3.75%),
4/21/38(1)(2)
 
      1,400
    1,379,006
Slam Ltd., Series 2026-1A, Class A, 5.547%,
7/15/51(1)
 
      4,463
    4,435,788
STAR Trust: 
 
Series 2021-SFR2, Class G, 7.191%, (1 mo.
SOFR + 3.514%), 1/17/39(1)(2)
 
      4,000
    4,002,035
Series 2024-SFR4, Class C, 6.126%, (1 mo.
SOFR + 2.45%), 10/17/41(1)(2)
 
      8,576
    8,587,838
Series 2024-SFR4, Class D, 6.626%, (1 mo.
SOFR + 2.95%), 10/17/41(1)(2)
 
     14,650
   14,678,260
Series 2025-SFR5, Class D, 6.127%, (1 mo.
SOFR + 2.45%), 2/17/42(1)(2)
 
      9,670
    9,704,153
Series 2025-SFR5, Class E, 6.627%, (1 mo.
SOFR + 2.95%), 2/17/42(1)(2)
 
      2,500
    2,507,228
Series 2025-SFR6, Class C, 5.677%, (1 mo.
SOFR + 2.00%), 8/17/42(1)(2)
 
      2,450
    2,457,356
Series 2025-SFR6, Class D, 6.077%, (1 mo.
SOFR + 2.40%), 8/17/42(1)(2)
 
      5,050
    5,076,270
TCW CLO Ltd., Series 2024-3A, Class E, 10.329%,
(3 mo. SOFR + 6.60%), 10/20/37(1)(2)
 
      2,000
    1,874,648
Texas Debt Capital CLO Ltd., Series 2025-1A,
Class E, 8.275%, (3 mo. SOFR + 4.50%),
4/24/38(1)(2)
 
      3,000
    2,956,503
TRESTLES CLO Ltd., Series 2017-1A, Class ERR,
9.617%, (3 mo. SOFR + 5.95%), 7/25/37(1)(2)
 
      2,750
    2,763,514
Tricon Residential Trust, Series 2025-SFR1,
Class D, 5.676%, (1 mo. SOFR + 2.00%),
3/17/42(1)(2)
 
      4,000
    4,006,963
Truist Bank Auto Credit-Linked Notes: 
 
Series 2025-1, Class C, 6.807%, 9/26/33(1)
 
      3,123
    3,114,472
Series 2026-1, Class C, 7.196%, 6/26/34(1)
 
      2,960
    2,959,461
U.S. Bank NA: 
 
Series 2026-RVM1, Class D, 7.056%,
12/25/46(1)
 
     13,239
   13,141,939
Series 2026-RVM1, Class F, 10.192%,
12/25/46(1)
 
      6,178
    6,174,195
UPX HIL Issuer Trust, Series 2025-1, Class C,
7.67%, 1/25/47(1)
 
      4,857
    4,869,689
VB-S1 Issuer LLC: 
 
Series 2024-1A, Class F, 8.871%, 5/15/54(1)
 
      4,750
    4,862,869
Series 2026-1A, Class F, 6.843%, 3/15/56(1)
 
      5,984
    5,989,802
 
 
Security
Principal
Amount
(000's omitted)
Value
VINE Trust: 
 
Series 2023-SFR1, Class E1, 4.75%,
12/17/40(1)
$
     15,000
$   14,379,205
Series 2024-SFR1, Class E1, 4.50%, 3/17/41(1)
 
      5,000
    4,743,731
Voya CLO Ltd.: 
 
Series 2013-1A, Class DR, 10.495%, (3 mo.
SOFR + 6.742%), 10/15/30(1)(2)
 
      5,000
    4,868,445
Series 2018-2A, Class E, 9.265%, (3 mo. SOFR
+ 5.512%), 7/15/31(1)(2)
 
      1,000
      941,396
Wellfleet CLO Ltd.: 
 
Series 2019-1A, Class CRR, 6.529%, (3 mo.
SOFR + 2.80%), 7/20/32(1)(2)
 
      2,500
    2,503,603
Series 2021-2A, Class E, 10.975%, (3 mo.
SOFR + 7.222%), 7/15/34(1)(2)
 
      1,000
      764,475
Willis Engine Structured Trust IX, Series 2025-B,
Class B, 5.696%, 12/15/50(1)
 
      5,953
    5,771,573
Wingspire Equipment Finance LLC,
Series 2025-1A, Class E, 7.45%, 9/20/33(1)
 
      6,000
    6,004,046
Total Asset-Backed Securities
(identified cost $893,019,239)
 
$  895,650,989
 
Closed-End Funds — 0.1%
 
Security
Shares
Value
Nuveen Global High Income Fund
 
     83,400
$    1,044,168
PGIM Global High Yield Fund, Inc.
 
    430,326
    5,017,601
Western Asset High Income Opportunity Fund, Inc.
 
    383,997
    1,355,510
Total Closed-End Funds
(identified cost $8,409,895)
 
$    7,417,279
 
Collateralized Mortgage Obligations — 37.8%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
A&D Mortgage Trust, Series 2024-NQM6,
Class B1A, 7.255%, 1/25/70(1)(4)
$
      1,440
$    1,455,551
Asset Based Lending LLC, Series 2024-RTL1,
Class A1, 6.075% to 3/25/27, 9/25/29(1)(3)
 
     11,050
   11,091,162
BofA Lending Facility: 
 
7.731%, (SOFR + 4.00%), 6/3/27(2)
 
      9,291
    9,273,280
7.981%, (SOFR + 4.25%), 5/14/27(2)
 
     13,295
   13,264,007
8.481%, (SOFR + 4.00%), 7/2/27(2)
 
     11,748
   11,742,819
Brean Asset-Backed Securities Trust: 
 
Series 2023-RM6, Class A1, 5.25% to 1/25/28,
1/25/63(1)(3)
 
      3,397
    3,393,615
Series 2023-SRM1, Class M4, 4.00%,
9/25/63(1)
 
      8,731
    7,351,053
7
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Brean Asset-Backed Securities Trust: (continued)
 
Series 2023-SRM1, Class M5, 4.00%,
9/25/63(1)
$
      8,620
$    6,454,913
Cascade Funding Mortgage Trust,
Series 2025-HB16, Class M4, 3.00%,
3/25/35(1)(4)
 
      9,300
    8,882,663
Cascade MH Asset Trust, Series 2022-MH1,
Class A, 4.25% to 7/25/27, 8/25/54(1)(3)
 
      2,302
    2,261,156
Center Street Lending Resi-Investor ABS Mortgage
Trust, Series 2024-RTL1, Class A1, 6.892% to
5/25/27, 10/25/29(1)(3)
 
      8,450
    8,506,438
CFMT LLC: 
 
Series 2024-R1, Class M1, 4.00% to 10/25/26,
10/25/54(1)(3)
 
      5,770
    5,431,259
Series 2024-R1, Class M2, 4.00% to 10/25/26,
10/25/54(1)(3)
 
      9,932
    9,178,758
Series 2024-HB14, Class M2, 3.00%,
6/25/34(1)(4)
 
      1,250
    1,221,481
Series 2024-HB14, Class M3, 3.00%,
6/25/34(1)(4)
 
      1,550
    1,509,359
Series 2024-HB14, Class M4, 3.00%,
6/25/34(1)(4)
 
      8,500
    8,221,658
Series 2024-HB15, Class M3, 4.00%,
8/25/34(1)(4)
 
      1,000
      975,615
Series 2024-HB15, Class M4, 4.00%,
8/25/34(1)(4)
 
      3,750
    3,654,969
Champs Trust: 
 
Series 2024-1, Class A, 11.105%, 7/25/59(1)(4)
 
     28,775
   29,401,418
Series 2024-2, Class A, 7.997%, 11/25/59(1)(4)
 
     23,764
   24,417,381
Series 2024-3, Class A, 9.05%, 1/25/60(1)(4)
 
     47,417
   48,813,213
Series 2025-1, Class A, 8.324%, 4/25/60(1)(4)
 
     55,506
   57,300,492
Series 2025-2, Class A, 7.904%, 10/25/60(1)(4)
 
     81,722
   84,457,766
Series 2026-1, Class A, 8.913%, 9/25/61(1)
 
    136,682
  141,790,431
CHNGE Mortgage Trust, Series 2022-NQM1,
Class M1, 5.82% to 8/25/26, 6/25/67(1)(3)
 
      1,764
    1,764,966
Dominion Mortgage Trust, Series 2025-RTL1,
Class A2, 8.019% to 9/25/27, 3/25/30(1)(3)
 
      9,000
    9,079,091
EFMT, Series 2024-RM2, Class A1A, 5.00%,
7/25/54(1)
 
     14,976
   14,521,518
FARM Mortgage Trust: 
 
Series 2022-1, Class B, 2.959%, 1/25/52(1)(4)
 
      2,251
    1,687,186
Series 2023-1, Class B, 3.036%, 3/25/52(1)(4)
 
      2,345
    1,760,886
Series 2024-1, Class B, 5.05%, 10/1/53(1)(4)
 
      2,974
    2,593,035
Series 2025-1, Class B, 5.64%, 8/1/55(1)(4)
 
      3,353
    2,921,492
Federal Home Loan Mortgage Corp.: 
 
Series 2182, Class ZC, 7.50%, 9/15/29
 
          8
        7,768
Series 4273, Class SP, 2.009%, (11.695% -
30-day SOFR Average x 2.667), 11/15/43(5)
 
        516
      402,369
Series 5071, Class SP, 0.00%, (3.30% - 30-day
SOFR Average, Floor 0.00%), 2/25/51(5)
 
      4,319
    1,703,497
 
 
Security
Principal
Amount
(000's omitted)
Value
Federal Home Loan Mortgage Corp.: (continued)
 
Series 5083, Class SK, 0.00%, (3.867% -
30-day SOFR Average x 1.333, Floor 0.00%),
3/25/51(5)
$
      3,411
$    1,383,046
Series 5152, Class ZP, 3.00%, 7/25/50
 
     11,030
    6,569,908
Series 5270, Class ZU, 6.00%, 11/25/52
 
      3,960
    4,040,065
Series 5300, Class EY, 6.00%, 12/25/52
 
     10,900
   11,174,034
Series 5324, Class MZ, 6.00%, 7/25/53
 
      3,999
    4,079,330
Series 5327, Class B, 6.00%, 8/25/53
 
     20,000
   20,507,238
Series 5343, Class CS, 8.652%, (19.50% -
30-day SOFR Average x 3.00), 10/25/53(5)
 
      4,957
    4,877,264
Series 5353, Class AZ, 6.50%, 11/25/53
 
     10,159
   10,702,104
Series 5362, Class JB, 6.00%, 12/25/53
 
     14,599
   14,957,118
Series 5379, Class EZ, 5.50%, 2/25/54
 
      9,176
    9,036,296
Series 5381, Class Z, 5.50%, 2/25/54
 
     15,467
   14,982,385
Series 5391, Class EZ, 5.50%, 3/25/54
 
     18,269
   17,990,046
Series 5399, Class MZ, 6.00%, 4/25/54
 
      5,257
    5,370,019
Series 5402, Class BZ, 6.00%, 4/25/54
 
      9,199
    9,393,460
Series 5410, Class KY, 6.00%, 5/25/54
 
     10,000
   10,216,425
Series 5413, Class LZ, 6.00%, 5/25/54
 
      4,577
    4,669,832
Series 5413, Class MZ, 6.00%, 5/25/54
 
     13,446
   13,734,194
Series 5414, Class CZ, 5.50%, 5/25/54
 
     37,102
   36,858,575
Series 5428, Class Z, 6.00%, 7/25/54
 
     16,628
   16,978,361
Series 5429, Class DZ, 6.00%, 7/25/54
 
     13,672
   13,992,212
Series 5446, Class AZ, 6.00%, 8/25/54
 
     24,101
   24,651,126
Series 5453, Class DZ, 5.50%, 9/25/54
 
     14,873
   14,600,354
Series 5461, Class Z, 6.50%, 10/25/54
 
        278
      277,599
Series 5478, Class SG, 7.555%, (15.51% -
30-day SOFR Average x 2.20), 12/25/54(5)
 
     33,711
   32,042,686
Series 5481, Class HZ, 5.50%, 12/25/54
 
      9,415
    9,171,771
Series 5489, Class S, 7.665%, (15.62% -
30-day SOFR Average x 2.20), 1/25/55(5)
 
      9,708
    9,402,867
Series 5491, Class CZ, 5.50%, 1/25/55
 
     14,492
   14,188,527
Series 5493, Class KZ, 5.50%, 1/25/55
 
     16,844
   16,428,445
Series 5499, Class HZ, 5.50%, 2/25/55
 
      8,049
    7,842,869
Series 5499, Class MZ, 6.00%, 2/25/55
 
     27,348
   27,973,133
Series 5500, Class EZ, 5.50%, 1/25/54
 
     13,496
   13,331,112
Series 5500, Class SC, 10.152%, (21.00% -
30-day SOFR Average x 3.00), 10/25/54(5)
 
     22,715
   23,708,192
Series 5500, Class ZG, 5.50%, 10/25/54
 
     20,794
   20,295,042
Series 5502, Class DZ, 5.50%, 2/25/55
 
     23,887
   23,363,993
Series 5508, Class AS, 10.152%, (21.00% -
30-day SOFR Average x 3.00), 2/25/55(5)
 
     22,396
   23,479,639
Series 5508, Class DS, 10.152%, (21.00% -
30-day SOFR Average x 3.00), 2/25/55(5)
 
      8,722
    9,151,314
Series 5508, Class SC, 10.152%, (21.00% -
30-day SOFR Average x 3.00), 2/25/55(5)
 
     23,608
   24,595,961
Series 5510, Class GZ, 5.50%, 2/25/55
 
     18,946
   18,481,650
Series 5511, Class LT, 7.566%, (30-day SOFR
Average + 3.95%), 3/25/55(2)
 
      3,997
    4,012,985
8
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Federal Home Loan Mortgage Corp.: (continued)
 
Series 5511, Class SQ, 8.936%, (23.40% -
30-day SOFR Average x 4.00), 3/25/55(5)
$
     13,929
$   13,335,351
Series 5511, Class TE, 7.566%, (30-day SOFR
Average + 3.95%), 3/25/55(2)
 
      2,152
    2,171,960
Series 5513, Class GZ, 5.50%, 6/25/54
 
     43,122
   42,307,081
Series 5513, Class MQ, 7.566%, (30-day SOFR
Average + 3.95%), 6/25/54(2)
 
     51,825
   52,023,503
Series 5516, Class HZ, 6.00%, 3/25/55
 
     27,212
   27,886,524
Series 5516, Class MC, 6.916%, (30-day SOFR
Average + 3.30%), 3/25/55(5)
 
      6,585
    6,704,405
Series 5517, Class NA, 7.566%, (30-day SOFR
Average + 3.95%), 3/25/55(2)
 
      5,416
    5,535,356
Series 5522, Class AZ, 5.50%, 3/25/55
 
     73,893
   72,933,664
Series 5535, Class MB, 7.666%, (30-day SOFR
Average + 4.05%), 5/25/55(2)
 
     10,452
   10,518,335
Series 5544, Class CZ, 6.00%, 5/25/55
 
     53,616
   54,787,621
Series 5545, Class DZ, 6.00%, 6/25/55
 
     52,544
   53,518,747
Series 5547, Class ME, 7.421%, (30-day SOFR
Average + 3.805%), 6/25/55(2)
 
      5,694
    5,781,603
Series 5549, Class MB, 8.316%, (30-day SOFR
Average + 4.70%), 2/25/55(2)
 
      5,955
    5,883,294
Series 5557, Class UM, 7.756%, (30-day SOFR
Average + 4.14%), 6/25/55(2)
 
      7,803
    7,786,173
Series 5563, Class TB, 8.25%, (21.15% -
30-day SOFR Average x 3.00), 6/25/55(5)
 
     34,494
   34,533,359
Series 5563, Class TV, 8.16%, (21.06% -
30-day SOFR Average x 3.00), 8/25/55(5)
 
     21,048
   21,141,487
Series 5572, Class GZ, 6.00%, 9/25/55
 
     10,158
   10,340,614
Series 5575, Class TA, 8.25%, (21.15% -
30-day SOFR Average x 3.00), 9/25/55(5)
 
     31,098
   31,317,445
Series 5592, Class TE, 7.20%, (21.30% -
30-day SOFR Average x 3.00), 10/25/55(5)
 
      9,584
    9,538,752
Series 5594, Class Z, 6.00%, 11/25/53
 
      2,850
    2,860,844
Series 5604, Class SQ, 10.637%, (30.525% -
30-day SOFR Average x 5.50), 12/25/55(5)
 
     20,646
   20,236,759
Series 5623, Class UZ, 6.00%, 8/25/55
 
      2,073
    1,992,797
Series 5644, Class SE, 9.291%, (22.55% -
30-day SOFR Average x 3.667), 4/25/56(5)
 
     29,410
   29,652,967
Series 5645, Class ZH, 6.00%, 11/25/53
 
     10,544
   10,291,704
Series 5648, Class CA, 6.00%, 2/25/55
 
      4,380
    4,320,994
Series 5659, Class SD, 8.618%, (18.563% -
30-day SOFR Average x 2.75), 5/25/56(5)
 
     16,168
   16,413,463
Series 5660, Class SC, 8.618%, (18.563% -
30-day SOFR Average x 2.75), 5/25/56(5)
 
     23,227
   23,633,809
Series 5662, Class SA, 8.105%, (16.06% -
30-day SOFR Average x 2.20), 5/25/56(5)
 
     42,374
   42,633,622
Series 5664, Class PS, 8.105%, (16.06% -
30-day SOFR Average x 2.20), 6/25/56(5)
 
     90,456
   91,810,170
Series 5668, Class SC, 7.913%, (16.35% -
30-day SOFR Average x 2.333), 6/25/56(5)
 
     16,850
   16,990,516
Series 5669, Class SA, 8.105%, (16.06% -
30-day SOFR Average x 2.20), 6/25/56(5)
 
     21,709
   21,834,498
 
 
Security
Principal
Amount
(000's omitted)
Value
Federal Home Loan Mortgage Corp.: (continued)
 
Series 5671, Class ZC, 6.00%, 6/25/56
$
     13,082
$   12,902,086
Series 5675, Class SA, 7.995%, (15.95% -
30-day SOFR Average x 2.20), 7/25/56(5)
 
     14,519
   14,637,204
Series 5677, Class ES, 8.105%, (16.06% -
30-day SOFR Average x 2.20), 7/25/56(5)
 
     35,288
   35,632,381
Series 5677, Class S, 7.995%, (15.95% -
30-day SOFR Average x 2.20), 7/25/56(5)
 
     20,630
   20,821,333
Series 5677, Class Z, 6.00%, 9/25/55
 
     10,127
    9,816,291
Series 5681, Class SD, 7.995%, (15.95% -
30-day SOFR Average x 2.20), 7/25/56(5)
 
     20,276
   20,431,377
Interest Only:(6) 
 
Series 380, Class C1, 3.00%, 1/25/50
 
     24,392
    4,302,161
Series 380, Class C5, 3.50%, 1/25/50
 
      7,374
    1,453,824
Series 2956, Class SL, 3.26%, (6.886% -
30-day SOFR Average), 6/15/32(5)
 
        223
       12,085
Series 3114, Class TS, 2.91%, (6.536% -
30-day SOFR Average), 9/15/30(5)
 
        229
        5,315
Series 3153, Class JI, 2.88%, (6.506% -
30-day SOFR Average), 5/15/36(5)
 
        625
       32,660
Series 4007, Class JI, 4.00%, 2/15/42
 
        398
       55,884
Series 4067, Class JI, 3.50%, 6/15/27
 
        127
        1,287
Series 4070, Class S, 2.36%, (5.986% - 30-day
SOFR Average), 6/15/32(5)
 
      2,502
      100,809
Series 4095, Class HS, 2.36%, (5.986% -
30-day SOFR Average), 7/15/32(5)
 
        291
        6,094
Series 4109, Class ES, 2.41%, (6.036% -
30-day SOFR Average), 12/15/41(5)
 
         81
        7,085
Series 4109, Class SA, 2.46%, (6.086% -
30-day SOFR Average), 9/15/32(5)
 
      1,147
       49,000
Series 4149, Class S, 2.51%, (6.136% - 30-day
SOFR Average), 1/15/33(5)
 
        780
       34,291
Series 4163, Class GS, 2.46%, (6.086% -
30-day SOFR Average), 11/15/32(5)
 
        724
       32,672
Series 4169, Class AS, 2.51%, (6.136% -
30-day SOFR Average), 2/15/33(5)
 
        879
       39,878
Series 4188, Class AI, 3.50%, 4/15/28
 
         30
          188
Series 4189, Class SQ, 2.41%, (6.036% -
30-day SOFR Average), 12/15/42(5)
 
        395
       33,170
Series 4203, Class QS, 2.51%, (6.136% -
30-day SOFR Average), 5/15/43(5)
 
        884
       47,961
Series 4332, Class IK, 4.00%, 4/15/44
 
        375
       64,014
Series 4343, Class PI, 4.00%, 5/15/44
 
        986
      176,698
Series 4381, Class SK, 2.41%, (6.036% -
30-day SOFR Average), 6/15/44(5)
 
      1,040
       69,320
Series 4388, Class MS, 2.36%, (5.986% -
30-day SOFR Average), 9/15/44(5)
 
      1,032
       86,764
Series 4408, Class IP, 3.50%, 4/15/44
 
      1,489
      166,272
Series 4497, Class CS, 2.46%, (6.086% -
30-day SOFR Average), 9/15/44(5)
 
        474
        9,610
Series 4507, Class MI, 3.50%, 8/15/44
 
        202
        4,333
Series 4507, Class SJ, 2.44%, (6.066% -
30-day SOFR Average), 9/15/45(5)
 
      2,677
      256,312
9
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Interest Only: (continued)
 
Series 4520, Class PI, 4.00%, 8/15/45
$
      5,590
$      632,654
Series 4528, Class BS, 2.41%, (6.036% -
30-day SOFR Average), 7/15/45(5)
 
      1,242
       84,842
Series 4629, Class QI, 3.50%, 11/15/46
 
      1,318
      228,375
Series 4637, Class IP, 3.50%, 4/15/44
 
          4
            3
Series 4644, Class TI, 3.50%, 1/15/45
 
      1,087
      130,850
Series 4744, Class IO, 4.00%, 11/15/47
 
      1,260
      253,563
Series 4749, Class IL, 4.00%, 12/15/47
 
        997
      201,603
Series 4768, Class IO, 4.00%, 3/15/48
 
      1,226
      247,314
Series 5051, Class S, 0.00%, (3.60% - 30-day
SOFR Average, Floor 0.00%), 12/25/50(5)
 
     15,241
      262,571
Series 5070, Class CI, 2.00%, 2/25/51
 
     32,879
    4,242,756
Series 5156, Class IP, 3.00%, 12/25/49
 
     15,837
    2,443,324
Series 5236, Class TI, 3.00%, 1/25/51
 
     57,922
    9,841,869
Series 5293, Class CI, 2.50%, 4/25/51
 
     23,061
    3,597,189
Series 5648, Class SA, 1.184%, (4.80% -
30-day SOFR Average), 2/25/56(5)
 
    113,868
    3,209,770
Series 5677, Class SW, 1.884%, (5.50% -
30-day SOFR Average), 7/25/56(5)
 
     34,835
    1,772,951
Series 5691, Class SG, 1.834%, (5.45% -
30-day SOFR Average), 8/25/56(5)
 
     81,253
    4,218,330
Principal Only:(7) 
 
Series 4417, Class KO, 0.00%, 12/15/43
 
        497
      350,874
Series 4478, Class PO, 0.00%, 5/15/45
 
        660
      476,404
Series 5357, Class EO, 0.00%, 11/25/53
 
      3,021
    2,438,876
Series 5473, Class AO, 0.00%, 11/25/54
 
      7,405
    5,532,383
Federal Home Loan Mortgage Corp. STACR REMICS
Trust: 
 
Series 2019-HQA3, Class B2, 11.231%,
(30-day SOFR Average + 7.614%),
9/25/49(1)(2)
 
      1,250
    1,393,937
Series 2020-DNA6, Class B2, 9.266%, (30-day
SOFR Average + 5.65%), 12/25/50(1)(2)
 
      6,900
    7,911,232
Series 2021-DNA2, Class B2, 9.616%, (30-day
SOFR Average + 6.00%), 8/25/33(1)(2)
 
      6,610
    8,278,994
Series 2021-DNA3, Class B2, 9.866%, (30-day
SOFR Average + 6.25%), 10/25/33(1)(2)
 
      6,500
    8,274,035
Series 2021-DNA5, Class B2, 9.116%, (30-day
SOFR Average + 5.50%), 1/25/34(1)(2)
 
     53,570
   65,444,840
Series 2021-DNA6, Class B2, 11.116%,
(30-day SOFR Average + 7.50%),
10/25/41(1)(2)
 
     21,140
   21,485,318
Series 2021-HQA1, Class B2, 8.616%, (30-day
SOFR Average + 5.00%), 8/25/33(1)(2)
 
     35,825
   42,758,445
Series 2021-HQA2, Class B2, 9.066%, (30-day
SOFR Average + 5.45%), 12/25/33(1)(2)
 
      4,425
    5,380,193
Series 2022-DNA4, Class B2, 13.866%,
(30-day SOFR Average + 10.25%),
5/25/42(1)(2)
 
     32,500
   34,755,497
Series 2022-DNA5, Class B2, 16.516%,
(30-day SOFR Average + 12.90%),
6/25/42(1)(2)
 
     30,359
   33,345,952
 
 
Security
Principal
Amount
(000's omitted)
Value
Federal National Mortgage Association: 
 
Series 2009-62, Class WA, 5.596%, 8/25/39(4)
$
        198
$      199,490
Series 2013-6, Class TA, 1.50%, 1/25/43
 
        291
      260,036
Series 2021-56, Class GZ, 3.00%, 7/25/51
 
      1,470
      866,304
Series 2023-12, Class LW, 6.00%, 4/25/53
 
     11,482
   11,777,011
Series 2023-12, Class ZB, 6.00%, 4/25/53
 
      5,427
    5,540,723
Series 2023-14, Class EL, 6.00%, 4/25/53
 
     63,163
   64,722,864
Series 2024-39, Class HS, 6.977%, (17.825% -
30-day SOFR Average x 3.00), 6/25/54(5)
 
      7,014
    6,530,196
Series 2024-87, Class LZ, 6.00%, 12/25/54
 
      1,889
    1,855,778
Series 2024-90, Class ES, 7.665%, (15.62% -
30-day SOFR Average x 2.20), 10/25/54(5)
 
     39,914
   39,440,557
Series 2024-98, Class S, 7.665%, (15.62% -
30-day SOFR Average x 2.20), 1/25/55(5)
 
     10,767
   10,430,470
Series 2024-102, Class SA, 7.665%, (15.62% -
30-day SOFR Average x 2.20), 1/25/55(5)
 
     15,154
   14,716,442
Series 2024-105, Class AS, 8.558%, (21.817%
- 30-day SOFR Average x 3.667), 1/25/55(5)
 
     17,693
   16,923,987
Series 2024-105, Class KT, 0.125%, 1/25/55
 
     22,787
   17,901,363
Series 2025-3, Class BZ, 5.50%, 2/25/55
 
      3,261
    3,183,194
Series 2025-4, Class BZ, 5.50%, 7/25/54
 
     11,981
   11,685,281
Series 2025-4, Class HZ, 5.50%, 9/25/54
 
     19,775
   19,290,496
Series 2025-5, Class GZ, 6.00%, 2/25/55
 
      1,094
    1,115,850
Series 2025-7, Class EZ, 5.50%, 2/25/55
 
     10,698
   10,354,083
Series 2025-10, Class AS, 10.302%, (21.15% -
30-day SOFR Average x 3.00), 2/25/55(5)
 
      9,234
    9,655,796
Series 2025-12, Class ES, 10.302%, (21.15% -
30-day SOFR Average x 3.00), 3/25/55(5)
 
     15,112
   15,956,241
Series 2025-12, Class FM, 7.616%, (30-day
SOFR Average + 4.00%), 3/25/55(2)
 
      8,040
    8,103,163
Series 2025-13, Class BZ, 5.50%, 3/25/55
 
     21,857
   21,472,505
Series 2025-15, Class FM, 7.466%, (30-day
SOFR Average + 3.85%), 4/25/55(2)
 
      7,814
    7,893,433
Series 2025-19, Class DZ, 5.50%, 3/25/55
 
      8,613
    8,361,636
Series 2025-29, Class MH, 7.666%, (30-day
SOFR Average + 4.05%), 2/25/55(2)
 
      9,384
    9,646,463
Series 2025-35, Class MT, 8.616%, (30-day
SOFR Average + 5.00%), 5/25/55(2)
 
      9,666
    9,851,714
Series 2025-40, Class SG, 9.312%, (21.193% -
30-day SOFR Average x 3.286), 2/25/55(5)
 
     22,724
   22,469,925
Series 2025-40, Class SZ, 6.00%, 10/25/54
 
      1,011
    1,005,123
Series 2025-85, Class TH, 7.20%, (21.30% -
30-day SOFR Average x 3.00), 10/25/55(5)
 
     44,579
   44,303,389
Series 2025-85, Class TN, 6.60%, (36.60% -
30-day SOFR Average x 6.00, Cap 6.60%),
10/25/55(5)
 
     22,536
   21,561,048
Series 2025-88, Class ZN, 6.00%, 9/25/55
 
      8,615
    8,514,364
Series 2025-97, Class CZ, 6.00%, 11/25/55
 
      1,019
    1,005,504
Series 2025-97, Class ZD, 6.00%, 11/25/55
 
      4,459
    4,453,252
Series 2026-21, Class SJ, 8.618%, (18.563% -
30-day SOFR Average x 2.75), 12/25/55(5)
 
     17,923
   18,233,552
10
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Federal National Mortgage Association: (continued)
 
Series 2026-24, Class SC, 6.468%, (13.70% -
30-day SOFR Average x 2.00), 1/25/55(5)
$
      9,207
$    8,777,544
Series 2026-30, Class SA, 8.343%, (18.288% -
30-day SOFR Average x 2.75), 5/25/56(5)
 
     22,310
   22,029,319
Series 2026-34, Class SA, 7.995%, (15.95% -
30-day SOFR Average x 2.20), 5/25/56(5)
 
     12,435
   12,355,786
Series 2026-34, Class SB, 8.105%, (16.06% -
30-day SOFR Average x 2.20), 5/25/56(5)
 
     12,879
   12,947,897
Series 2026-38, Class SA, 8.618%, (18.562% -
30-day SOFR Average x 2.75), 6/25/56(5)
 
     12,916
   12,995,637
Series 2026-38, Class SB, 8.105%, (16.06% -
30-day SOFR Average x 2.20), 6/25/56(5)
 
     19,347
   19,398,814
Series 2026-38, Class SC, 8.105%, (16.06% -
30-day SOFR Average x 2.20), 6/25/56(5)
 
     19,347
   19,398,814
Series 2026-38, Class SD, 8.105%, (16.06% -
30-day SOFR Average x 2.20), 6/25/56(5)
 
     19,347
   19,398,814
Series 2026-39, Class HZ, 6.00%, 6/25/56
 
     16,814
   15,933,250
Series 2026-48, Class ZB, 6.00%, 6/25/56
 
      8,729
    8,686,022
Series 2026-67, Class SA, 7.974%, (15.95% -
30-day SOFR Average x 2.20), 8/25/56(5)
 
     18,727
   18,730,324
Series 2026-70, Class SA, 8.652%, (22.183% -
30-day SOFR Average x 3.667), 9/25/56(5)
 
     13,636
   13,390,678
Series 2026-71, Class SB, 8.652%, (22.183% -
30-day SOFR Average x 3.667), 9/25/56(5)
 
     16,000
   15,743,776
Interest Only:(6) 
 
Series 2004-46, Class SI, 2.269%, (5.886% -
30-day SOFR Average), 5/25/34(5)
 
        344
        9,099
Series 2005-17, Class SA, 2.969%, (6.586% -
30-day SOFR Average), 3/25/35(5)
 
        546
       36,932
Series 2005-105, Class S, 2.969%, (6.586% -
30-day SOFR Average), 12/25/35(5)
 
        441
       25,587
Series 2006-44, Class IS, 2.869%, (6.486% -
30-day SOFR Average), 6/25/36(5)
 
        408
       26,363
Series 2006-65, Class PS, 3.489%, (7.106% -
30-day SOFR Average), 7/25/36(5)
 
        394
       31,011
Series 2006-96, Class SN, 3.469%, (7.086% -
30-day SOFR Average), 10/25/36(5)
 
        336
       18,306
Series 2006-104, Class SD, 2.909%, (6.526% -
30-day SOFR Average), 11/25/36(5)
 
        438
       28,437
Series 2006-104, Class SE, 2.899%, (6.516% -
30-day SOFR Average), 11/25/36(5)
 
        292
       18,887
Series 2007-50, Class LS, 2.719%, (6.336% -
30-day SOFR Average), 6/25/37(5)
 
        674
       49,073
Series 2008-26, Class SA, 2.469%, (6.086% -
30-day SOFR Average), 4/25/38(5)
 
        715
       42,082
Series 2008-61, Class S, 2.369%, (5.986% -
30-day SOFR Average), 7/25/38(5)
 
      1,063
       43,472
Series 2011-104, Class IM, 3.50%, 10/25/26
 
          3
            3
Series 2012-52, Class DI, 3.50%, 5/25/27
 
         51
          254
Series 2012-124, Class IO, 1.647%,
11/25/42(4)
 
      1,330
       54,770
Series 2012-139, Class LS, 2.403%, (6.036% -
30-day SOFR Average), 12/25/42(5)
 
      1,875
      195,814
 
 
Security
Principal
Amount
(000's omitted)
Value
Interest Only: (continued)
 
Series 2012-147, Class SA, 2.369%, (5.986% -
30-day SOFR Average), 1/25/43(5)
$
      1,959
$      157,282
Series 2012-150, Class PS, 2.419%, (6.036% -
30-day SOFR Average), 1/25/43(5)
 
      2,936
      244,290
Series 2012-150, Class SK, 2.419%, (6.036% -
30-day SOFR Average), 1/25/43(5)
 
      3,234
      284,261
Series 2013-11, Class IO, 4.00%, 1/25/43
 
      4,730
      491,859
Series 2013-12, Class SP, 1.919%, (5.536% -
30-day SOFR Average), 11/25/41(5)
 
         90
          590
Series 2013-15, Class DS, 2.469%, (6.086% -
30-day SOFR Average), 3/25/33(5)
 
      1,545
       69,483
Series 2013-23, Class CS, 2.519%, (6.136% -
30-day SOFR Average), 3/25/33(5)
 
        817
       37,485
Series 2013-64, Class PS, 2.519%, (6.136% -
30-day SOFR Average), 4/25/43(5)
 
      1,172
       68,213
Series 2013-66, Class JI, 3.00%, 7/25/43
 
      2,282
      328,228
Series 2013-75, Class SC, 2.519%, (6.136% -
30-day SOFR Average), 7/25/42(5)
 
        668
        7,908
Series 2014-32, Class EI, 4.00%, 6/25/44
 
        574
      102,319
Series 2014-41, Class SA, 2.319%, (5.936% -
30-day SOFR Average), 7/25/44(5)
 
        919
       99,804
Series 2014-43, Class PS, 2.369%, (5.986% -
30-day SOFR Average), 3/25/42(5)
 
        621
       26,881
Series 2014-55, Class IN, 3.50%, 7/25/44
 
      1,314
      235,317
Series 2014-67, Class IH, 4.00%, 10/25/44
 
        882
      177,721
Series 2014-80, Class CI, 3.50%, 12/25/44
 
        737
      128,508
Series 2014-89, Class IO, 3.50%, 1/25/45
 
      1,302
      237,947
Series 2015-6, Class IM, 0.359%, (5.181% -
30-day SOFR Average x 1.333), 6/25/43(5)
 
      1,960
       44,505
Series 2015-14, Class KI, 3.00%, 3/25/45
 
      1,680
      254,242
Series 2015-22, Class GI, 3.50%, 4/25/45
 
        425
       74,104
Series 2015-31, Class SG, 2.369%, (5.986% -
30-day SOFR Average), 5/25/45(5)
 
      2,094
      250,287
Series 2015-36, Class IL, 3.00%, 6/25/45
 
      1,117
      154,135
Series 2015-52, Class MI, 3.50%, 7/25/45
 
      2,167
      391,972
Series 2015-93, Class BS, 2.419%, (6.036% -
30-day SOFR Average), 8/25/45(5)
 
        926
       54,248
Series 2018-21, Class IO, 3.00%, 4/25/48
 
      3,063
      485,223
Series 2021-94, Class CI, 3.00%, 1/25/52
 
      8,724
    1,430,431
Series 2023-39, Class AI, 2.00%, 7/25/52
 
     81,110
   10,336,772
Series 2026-54, Class SB, 1.834%, (5.45% -
30-day SOFR Average), 7/25/56(5)
 
     89,469
    4,380,459
Series 2026-63, Class SA, 1.875%, (5.50% -
30-day SOFR Average), 8/25/56(5)
 
     43,000
    2,341,617
Series 2026-64, Class SC, 1.084%, (4.70% -
30-day SOFR Average), 8/25/56(5)
 
     60,000
    1,587,000
Federal National Mortgage Association Connecticut
Avenue Securities: 
 
Series 2019-R06, Class 2B1, 7.481%, (30-day
SOFR Average + 3.864%), 9/25/39(1)(2)
 
        663
      667,513
Series 2021-R01, Class 1B2, 9.616%, (30-day
SOFR Average + 6.00%), 10/25/41(1)(2)
 
      8,500
    8,608,350
11
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
FIGRE Trust: 
 
Series 2023-HE2, Class A, 6.512%,
5/25/53(1)(4)
$
      2,845
$    2,891,118
Series 2023-HE3, Class A, 6.436%,
11/25/53(1)(4)
 
      2,503
    2,531,686
Series 2024-HE1, Class C, 6.749%,
3/25/54(1)(4)
 
        809
      823,362
Series 2024-HE2, Class C, 6.72%, 5/25/54(1)(4)
 
      1,107
    1,125,569
Flagstar Mortgage Trust, Series 2021-6INV,
Class B4, 3.474%, 8/25/51(1)(4)
 
      3,935
    3,239,460
FREED Mortgage Trust, Series 2022-HE1, Class A,
7.00%, 10/25/37(1)(4)
 
        976
      993,721
GMAC Financiera SA de CV Sociedad Financiera de
Objeto Ltdo, Series 2007-2U, Class A, 3.99%,
3/25/36
 
    619,665
    6,547,453
Government National Mortgage Association: 
 
Series 2021-139, Class ZJ, 2.50%, 8/20/51
 
      1,826
    1,057,682
Series 2022-31, Class ZD, 3.00%, 2/20/52
 
        307
      158,750
Series 2022-173, Class S, 9.455%, (22.733% -
30-day SOFR Average x 3.667), 10/20/52(5)
 
      4,864
    4,981,458
Series 2022-189, Class US, 9.455%, (22.733%
- 30-day SOFR Average x 3.667), 11/20/52(5)
 
      7,227
    7,426,795
Series 2022-195, Class AS, 9.726%, (23.125%
- 30-day SOFR Average x 3.70), 11/20/52(5)
 
      3,400
    3,550,788
Series 2022-197, Class SW, 7.629%, (16.32%
- 30-day SOFR Average x 2.40), 11/20/52(5)
 
      4,357
    4,274,495
Series 2023-53, Class AL, 5.50%, 4/20/53
 
     20,000
   20,110,050
Series 2023-53, Class SE, 9.272%, (22.55% -
30-day SOFR Average x 3.667), 4/20/53(5)
 
      9,127
    9,240,651
Series 2023-56, Class ZE, 6.00%, 4/20/53
 
     18,826
   19,310,938
Series 2023-63, Class LB, 6.00%, 5/20/53
 
     12,347
   12,692,492
Series 2023-63, Class S, 9.272%, (22.55% -
30-day SOFR Average x 3.667), 5/20/53(5)
 
     17,605
   17,794,691
Series 2023-64, Class LB, 6.00%, 5/20/53
 
      5,036
    5,177,687
Series 2023-65, Class SB, 9.272%, (22.55% -
30-day SOFR Average x 3.667), 5/20/53(5)
 
      4,180
    4,189,523
Series 2023-65, Class SD, 9.272%, (22.55% -
30-day SOFR Average x 3.667), 5/20/53(5)
 
      8,985
    9,102,796
Series 2023-66, Class S, 9.272%, (22.55% -
30-day SOFR Average x 3.667), 5/20/53(5)
 
      3,244
    3,272,566
Series 2023-66, Class SD, 9.272%, (22.55% -
30-day SOFR Average x 3.667), 5/20/53(5)
 
      2,896
    2,921,149
Series 2023-83, Class S, 9.18%, (22.868% -
30-day SOFR Average x 3.78), 6/20/53(5)
 
      3,723
    3,744,750
Series 2023-84, Class MW, 6.00%, 6/20/53
 
      5,478
    5,587,667
Series 2023-84, Class SN, 9.097%, (22.387% -
30-day SOFR Average x 3.67), 6/20/53(5)
 
      3,855
    3,863,668
Series 2023-89, Class SD, 8.905%, (22.183% -
30-day SOFR Average x 3.667), 6/20/53(5)
 
      5,782
    5,718,234
Series 2023-96, Class BL, 6.00%, 7/20/53
 
     10,000
   10,275,880
Series 2023-96, Class DB, 6.00%, 7/20/53
 
      8,000
    8,219,147
Series 2023-97, Class CB, 6.00%, 7/20/53
 
     18,938
   19,457,563
 
 
Security
Principal
Amount
(000's omitted)
Value
Government National Mortgage Association: 
(continued)
 
Series 2023-99, Class AL, 6.00%, 7/20/53
$
      3,000
$    3,082,215
Series 2023-100, Class AY, 6.00%, 7/20/53
 
     13,236
   13,602,309
Series 2023-100, Class JL, 6.00%, 7/20/53
 
     11,099
   11,407,554
Series 2023-107, Class DZ, 5.50%, 7/20/53
 
      8,065
    7,951,542
Series 2023-116, Class CY, 6.00%, 8/20/53
 
      2,618
    2,690,096
Series 2023-133, Class S, 10.736%, (21.60% -
30-day SOFR Average x 3.00), 9/20/53(5)
 
      6,576
    7,061,617
Series 2023-146, Class BY, 6.00%, 10/20/53
 
      5,318
    5,461,360
Series 2023-149, Class S, 10.586%, (21.45% -
30-day SOFR Average x 3.00), 10/20/53(5)
 
      3,551
    3,793,489
Series 2023-150, Class AS, 13.585%,
(27.528% - 30-day SOFR Average x 3.85),
10/20/53(5)
 
      1,264
    1,431,488
Series 2023-150, Class ZH, 6.00%, 10/20/53
 
      2,617
    2,686,391
Series 2023-151, Class DZ, 6.00%, 10/20/53
 
      5,737
    5,881,485
Series 2023-153, Class SM, 13.514%, (28.00%
- 30-day SOFR Average x 4.00), 10/20/53(5)
 
      3,868
    4,344,095
Series 2023-164, Class EL, 6.00%, 11/20/53
 
      9,325
    9,570,997
Series 2023-165, Class DY, 6.00%, 11/20/53
 
     76,967
   78,883,498
Series 2023-165, Class EY, 6.50%, 11/20/53
 
     25,000
   26,146,880
Series 2023-169, Class JW, 6.50%, 11/20/53
 
      5,000
    5,241,993
Series 2023-173, Class AX, 6.00%, 11/20/53
 
      8,555
    8,779,778
Series 2023-182, Class EL, 6.00%, 12/20/53
 
     12,883
   13,229,349
Series 2023-186, Class HL, 6.00%, 12/20/53
 
      5,445
    5,585,235
Series 2023-186, Class ZM, 5.50%, 12/20/53
 
     34,569
   34,718,314
Series 2024-1, Class GL, 6.00%, 1/20/54
 
      2,500
    2,569,180
Series 2024-3, Class CY, 6.00%, 1/20/54
 
      2,073
    2,132,085
Series 2024-6, Class CB, 6.00%, 1/20/54
 
      5,000
    5,138,363
Series 2024-6, Class LB, 6.00%, 1/20/54
 
      6,784
    6,971,351
Series 2024-14, Class CY, 5.50%, 1/20/54
 
     12,142
   12,204,404
Series 2024-23, Class KZ, 5.50%, 2/20/54
 
     11,418
   11,073,759
Series 2024-24, Class NZ, 6.00%, 2/20/54
 
      3,054
    3,145,948
Series 2024-25, Class GL, 6.00%, 2/20/54
 
      2,804
    2,881,999
Series 2024-26, Class NZ, 6.00%, 2/20/54
 
     16,544
   17,035,961
Series 2024-40, Class DB, 6.00%, 1/20/54
 
      1,906
    1,958,456
Series 2024-42, Class DZ, 6.00%, 3/20/54
 
     10,016
   10,215,082
Series 2024-44, Class LM, 6.00%, 3/20/54
 
     24,976
   25,636,372
Series 2024-44, Class ML, 6.00%, 3/20/54
 
     10,835
   11,121,566
Series 2024-45, Class DN, 6.00%, 3/20/54
 
      4,214
    4,299,422
Series 2024-46, Class AL, 6.00%, 3/20/54
 
     30,945
   31,760,864
Series 2024-59, Class LG, 6.00%, 4/20/54
 
     12,663
   13,007,278
Series 2024-81, Class HZ, 6.00%, 5/20/54
 
      6,455
    6,636,887
Series 2024-95, Class GZ, 5.50%, 6/20/54
 
     10,938
   10,966,518
Series 2024-99, Class DZ, 6.00%, 6/20/54
 
      4,171
    4,275,126
Series 2024-108, Class KZ, 6.00%, 7/20/54
 
     43,084
   44,173,116
Series 2024-112, Class EZ, 6.00%, 7/20/54
 
      2,480
    2,542,191
12
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Government National Mortgage Association: 
(continued)
 
Series 2024-112, Class LZ, 6.00%, 7/20/54
$
      3,139
$    3,232,157
Series 2024-126, Class KY, 6.00%, 8/20/54
 
      5,176
    5,256,947
Series 2024-126, Class ZB, 6.00%, 8/20/54
 
      8,716
    8,962,119
Series 2024-127, Class UZ, 6.00%, 8/20/54
 
     18,382
   18,832,513
Series 2024-127, Class ZQ, 5.00%, 8/20/54
 
      6,543
    6,267,590
Series 2024-131, Class TL, 6.00%, 8/20/54
 
      5,100
    5,190,917
Series 2024-132, Class AZ, 6.00%, 8/20/54
 
      5,475
    5,601,949
Series 2024-148, Class GB, 6.00%, 9/20/54
 
      4,685
    4,814,795
Series 2024-148, Class LZ, 5.50%, 9/20/54
 
     16,734
   16,129,230
Series 2024-167, Class LZ, 5.50%, 10/20/54
 
      9,247
    8,984,891
Series 2024-167, Class MZ, 5.50%, 10/20/54
 
      5,643
    5,462,975
Series 2024-167, Class NZ, 6.00%, 10/20/54
 
      1,419
    1,460,575
Series 2024-172, Class BZ, 5.50%, 10/20/54
 
      9,508
    9,154,800
Series 2024-183, Class ZA, 6.00%, 8/20/54
 
      6,972
    7,135,865
Series 2024-196, Class Z, 5.50%, 12/20/54
 
      3,139
    3,022,609
Series 2025-39, Class CM, 7.521%, (30-day
SOFR Average + 3.90%), 3/20/55(2)
 
     14,605
   14,715,819
Series 2025-41, Class MT, 6.555%, (30-day
SOFR Average + 2.933%), 3/20/65(2)
 
     10,049
   10,237,273
Series 2025-41, Class QM, 7.521%, (30-day
SOFR Average + 3.90%), 3/20/55(2)
 
      6,026
    6,024,441
Series 2025-44, Class HZ, 6.00%, 3/20/55
 
      5,834
    6,008,072
Series 2025-62, Class FM, 7.821%, (30-day
SOFR Average + 4.20%), 4/20/55(2)
 
     21,703
   22,188,223
Series 2025-62, Class MF, 7.821%, (30-day
SOFR Average + 4.20%), 4/20/55(2)
 
      9,113
    9,044,050
Series 2025-63, Class FT, 8.00%, (26.40% -
30-day SOFR Average x 4.00, Cap 8.00%),
4/20/55(5)
 
      6,015
    5,986,253
Series 2025-64, Class FM, 7.881%, (30-day
SOFR Average + 4.26%), 4/20/55(2)
 
     12,059
   12,332,826
Series 2025-69, Class VN, 10.00%, (68.667% -
30-day SOFR Average x 13.333, Cap
10.00%), 4/20/55(5)
 
      8,922
    8,880,085
Series 2025-82, Class FL, 8.121%, (30-day
SOFR Average + 4.50%), 5/20/55(2)
 
      3,274
    3,280,023
Series 2025-83, Class MU, 7.921%, (30-day
SOFR Average + 4.30%), 4/20/55(2)
 
     14,794
   14,884,654
Series 2025-90, Class MB, 7.921%, (30-day
SOFR Average + 4.30%), 5/20/55(2)
 
     10,959
   11,025,670
Series 2025-98, Class GT, 8.40%, (21.30% -
30-day SOFR Average x 3.00), 6/20/55(5)
 
     42,932
   44,174,638
Series 2025-98, Class TA, 8.70%, (34.50% -
30-day SOFR Average x 6.00), 6/20/55(5)
 
     10,370
   10,360,437
Series 2025-98, Class TE, 8.40%, (25.60% -
30-day SOFR Average x 4.00), 6/20/55(5)
 
     10,577
   10,670,750
Series 2025-98, Class TK, 8.52%, (25.72% -
30-day SOFR Average x 4.00), 6/20/55(5)
 
      6,533
    6,656,923
Series 2025-105, Class TA, 8.40%, (25.60% -
30-day SOFR Average x 4.00), 6/20/55(5)
 
     20,179
   20,428,331
 
 
Security
Principal
Amount
(000's omitted)
Value
Government National Mortgage Association: 
(continued)
 
Series 2025-105, Class TM, 8.40%, (21.30% -
30-day SOFR Average x 3.00), 6/20/55(5)
$
     23,022
$   23,574,381
Series 2025-110, Class DT, 8.40%, (21.30% -
30-day SOFR Average x 3.00), 6/20/55(5)
 
     15,762
   16,115,327
Series 2025-114, Class GT, 8.40%, (21.30% -
30-day SOFR Average x 3.00), 7/20/55(5)
 
     64,286
   65,805,238
Series 2025-115, Class F, 8.40%, (21.30% -
30-day SOFR Average x 3.00), 7/20/55(5)
 
     28,064
   28,737,840
Series 2025-118, Class SP, 8.40%, (21.30% -
30-day SOFR Average x 3.00), 7/20/55(5)
 
     17,596
   16,943,020
Series 2025-134, Class GZ, 6.00%, 8/20/55
 
      4,155
    4,277,489
Series 2025-139, Class MT, 6.921%, (30-day
SOFR Average + 3.30%), 4/20/55(2)
 
      6,162
    6,303,819
Series 2025-150, Class GZ, 6.00%, 8/20/55
 
      2,865
    2,856,324
Series 2025-174, Class TC, 7.60%, (26.40% -
30-day SOFR Average x 4.00), 10/20/55(5)
 
     27,628
   27,583,822
Series 2025-174, Class TH, 7.50%, (36.00% -
30-day SOFR Average x 6.00), 9/20/55(5)
 
     13,643
   13,429,575
Series 2025-205, Class SP, 10.057%,
(29.975% - 30-day SOFR Average x 5.50),
11/20/55(5)
 
    103,163
  104,457,998
Series 2026-5, Class PS, 10.057%, (29.975% -
30-day SOFR Average x 5.50), 1/20/56(5)
 
    109,262
  111,772,835
Series 2026-5, Class QS, 10.332%, (30.25% -
30-day SOFR Average x 5.50), 1/20/56(5)
 
     87,429
   89,887,402
Series 2026-28, Class PS, 10.332%, (30.25% -
30-day SOFR Average x 5.50), 2/20/56(5)
 
     45,032
   45,237,032
Series 2026-28, Class QS, 9.712%, (22.99% -
30-day SOFR Average x 3.667), 2/20/56(5)
 
     18,920
   18,991,128
Series 2026-28, Class SC, 9.712%, (22.99% -
30-day SOFR Average x 3.667), 2/20/56(5)
 
     18,920
   18,991,128
Series 2026-33, Class Z, 6.00%, 1/20/56
 
     30,089
   29,919,180
Series 2026-44, Class LS, 9.638%, (22.917% -
30-day SOFR Average x 3.667), 3/20/56(5)
 
     34,092
   34,770,562
Series 2026-44, Class US, 9.638%, (22.917% -
30-day SOFR Average x 3.667), 2/20/56(5)
 
     99,398
  101,551,470
Series 2026-47, Class AS, 9.638%, (22.917% -
30-day SOFR Average x 3.667), 3/20/56(5)
 
     49,979
   50,771,552
Series 2026-47, Class SA, 9.638%, (22.917% -
30-day SOFR Average x 3.667), 3/20/56(5)
 
     39,729
   40,514,208
Series 2026-48, Class BS, 9.638%, (22.917% -
30-day SOFR Average x 3.667), 3/20/56(5)
 
     22,774
   23,226,951
Series 2026-50, Class SM, 9.455%, (22.733%
- 30-day SOFR Average x 3.667), 3/20/56(5)
 
     23,667
   23,560,488
Series 2026-51, Class ZK, 6.00%, 3/20/56
 
     12,290
   12,203,716
Series 2026-63, Class SW, 9.275%, (21.95% -
30-day SOFR Average x 3.50), 4/20/56(5)
 
     33,656
   34,196,562
Series 2026-67, Class ZT, 6.00%, 4/20/66
 
        467
      466,103
Series 2026-67, Class ZU, 6.00%, 4/20/56
 
      1,406
    1,389,074
Series 2026-80, Class QS, 9.10%, (21.775% -
30-day SOFR Average x 3.50), 5/20/56(5)
 
     47,011
   48,308,949
Series 2026-80, Class SD, 9.10%, (21.775% -
30-day SOFR Average x 3.50), 5/20/56(5)
 
     47,707
   49,266,922
13
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Government National Mortgage Association: 
(continued)
 
Series 2026-82, Class SC, 8.925%, (21.06% -
30-day SOFR Average x 3.50), 5/20/56(5)
$
     27,289
$   27,996,150
Series 2026-108, Class CZ, 6.00%, 6/20/56
 
     28,559
   27,887,560
Series 2026-108, Class HZ, 6.00%, 6/20/56
 
      8,986
    8,868,495
Series 2026-121, Class ZU, 6.00%, 7/20/56
 
     24,665
   24,556,782
Interest Only:(6) 
 
Series 2014-68, Class KI, 1.377%, 10/20/42(4)
 
      1,580
       52,269
Series 2017-104, Class SD, 2.416%, (6.086% -
1 mo. SOFR), 7/20/47(5)
 
      3,150
      321,894
Series 2017-121, Class DS, 0.716%, (4.386% -
1 mo. SOFR), 8/20/47(5)
 
      2,093
       59,207
Series 2017-137, Class AS, 0.716%, (4.386% -
1 mo. SOFR), 9/20/47(5)
 
      2,835
       79,298
Series 2020-116, Class MI, 2.00%, 8/20/50
 
     13,842
    1,728,181
Series 2020-134, Class LI, 2.50%, 9/20/50
 
      5,751
      833,534
Series 2020-146, Class IQ, 2.00%, 10/20/50
 
     14,039
    1,756,805
Series 2020-146, Class QI, 2.00%, 10/20/50
 
      7,492
      928,293
Series 2020-149, Class NI, 2.50%, 10/20/50
 
     11,134
    1,702,360
Series 2020-151, Class AI, 2.00%, 10/20/50
 
     41,796
    5,221,696
Series 2020-151, Class HI, 2.50%, 10/20/50
 
        963
      146,908
Series 2020-154, Class PI, 2.50%, 10/20/50
 
      9,856
    1,486,704
Series 2020-167, Class KI, 2.00%, 11/20/50
 
     23,435
    2,936,467
Series 2020-173, Class DI, 2.00%, 11/20/50
 
     17,540
    2,196,082
Series 2020-176, Class HI, 2.50%, 11/20/50
 
     23,995
    3,649,845
Series 2020-185, Class BI, 2.00%, 12/20/50
 
      6,015
      755,162
Series 2020-191, Class AI, 2.00%, 12/20/50
 
     22,549
    2,826,268
Series 2021-15, Class AI, 2.00%, 1/20/51
 
     25,597
    3,231,512
Series 2021-23, Class TI, 2.50%, 2/20/51
 
      9,073
    1,366,055
Series 2021-30, Class AI, 2.00%, 2/20/51
 
      3,211
      408,817
Series 2021-46, Class IM, 2.50%, 3/20/51
 
      2,073
      305,519
Series 2021-56, Class SE, 0.00%, (2.30% -
30-day SOFR Average, Floor 0.00%),
10/20/50(5)
 
      4,275
       17,316
Series 2021-77, Class SB, 0.00%, (3.636% -
1 mo. SOFR, Floor 0.00%), 5/20/51(5)
 
      9,413
      179,724
Series 2021-97, Class IG, 2.50%, 8/20/49
 
     27,419
    3,152,686
Series 2021-114, Class MI, 3.00%, 6/20/51
 
     21,037
    3,572,360
Series 2021-121, Class TI, 3.00%, 7/20/51
 
     24,524
    3,218,861
Series 2021-122, Class NI, 3.00%, 7/20/51
 
      4,683
      807,442
Series 2021-125, Class SA, 0.00%, (3.636% -
1 mo. SOFR, Floor 0.00%), 7/20/51(5)
 
     12,835
      207,666
Series 2021-154, Class MI, 3.00%, 9/20/51
 
     33,761
    4,806,056
Series 2021-160, Class IT, 2.50%, 9/20/51
 
     13,049
    1,420,240
Series 2021-175, Class AS, 0.00%, (1.686% -
1 mo. SOFR, Floor 0.00%), 10/20/51(5)
 
     20,831
       38,815
Series 2021-175, Class SB, 0.00%, (1.686% -
1 mo. SOFR, Floor 0.00%), 10/20/51(5)
 
     10,561
       19,648
Series 2021-193, Class IU, 3.00%, 11/20/49
 
     30,984
    4,429,464
 
 
Security
Principal
Amount
(000's omitted)
Value
Interest Only: (continued)
 
Series 2021-193, Class YS, 0.00%, (2.45% -
30-day SOFR Average, Floor 0.00%),
11/20/51(5)
$
     19,749
$      107,004
Series 2021-201, Class PI, 3.00%, 11/20/51
 
     18,313
    2,074,693
Series 2021-209, Class IW, 3.00%, 11/20/51
 
     13,612
    1,820,459
Series 2022-104, Class IO, 2.50%, 6/20/51
 
     19,201
    2,742,241
Series 2022-119, Class CS, 0.00%, (3.00% -
30-day SOFR Average, Floor 0.00%),
7/20/52(5)
 
    150,003
      794,520
Series 2022-119, Class SC, 0.00%, (3.00% -
30-day SOFR Average, Floor 0.00%),
7/20/52(5)
 
     16,667
       88,280
Series 2022-119, Class TA, 0.279%, (3.90% -
30-day SOFR Average), 7/20/52(5)
 
     33,334
      345,040
Series 2022-119, Class TI, 0.229%, (3.85% -
30-day SOFR Average), 7/20/52(5)
 
    333,340
    2,926,990
Series 2022-126, Class AS, 0.069%, (3.69% -
30-day SOFR Average), 7/20/52(5)
 
     44,731
      501,035
Series 2022-126, Class SC, 0.109%, (3.73% -
30-day SOFR Average), 7/20/52(5)
 
     33,334
      389,997
Series 2022-135, Class SA, 0.00%, (3.00% -
30-day SOFR Average, Floor 0.00%),
6/20/52(5)
 
     96,971
      649,290
Series 2023-13, Class SA, 1.779%, (5.40% -
30-day SOFR Average), 1/20/53(5)
 
      5,325
      208,314
Series 2023-19, Class SD, 2.679%, (6.30% -
30-day SOFR Average), 2/20/53(5)
 
      9,518
      660,427
Series 2023-20, Class HS, 2.679%, (6.30% -
30-day SOFR Average), 2/20/53(5)
 
      6,262
      430,509
Series 2023-22, Class ES, 2.679%, (6.30% -
30-day SOFR Average), 2/20/53(5)
 
      8,766
      602,754
Series 2023-22, Class SA, 2.079%, (5.70% -
30-day SOFR Average), 2/20/53(5)
 
     10,375
      486,321
Series 2023-24, Class SB, 1.529%, (5.15% -
30-day SOFR Average), 2/20/53(5)
 
     16,698
      599,618
Series 2023-24, Class SG, 2.679%, (6.30% -
30-day SOFR Average), 2/20/53(5)
 
      8,766
      602,754
Series 2023-32, Class SA, 2.679%, (6.30% -
30-day SOFR Average), 2/20/53(5)
 
     28,177
    1,937,423
Series 2023-38, Class LS, 2.679%, (6.30% -
30-day SOFR Average), 3/20/53(5)
 
     26,461
    1,783,778
Series 2023-38, Class SD, 2.629%, (6.25% -
30-day SOFR Average), 3/20/53(5)
 
     30,777
    1,892,345
Series 2023-38, Class SG, 2.579%, (6.20% -
30-day SOFR Average), 3/20/53(5)
 
     20,932
    1,377,330
Series 2023-47, Class HS, 2.679%, (6.30% -
30-day SOFR Average), 3/20/53(5)
 
      8,820
      594,593
Series 2023-47, Class SC, 2.629%, (6.25% -
30-day SOFR Average), 3/20/53(5)
 
     13,290
      883,465
Series 2023-53, Class SK, 2.579%, (6.20% -
30-day SOFR Average), 4/20/53(5)
 
     18,092
    1,187,429
Series 2024-64, Class EI, 6.50%, 4/20/64
 
      8,622
    1,649,181
Series 2026-3, Class ES, 1.429%, (5.05% -
30-day SOFR Average), 1/20/66(5)
 
     71,817
    1,627,090
14
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Interest Only: (continued)
 
Series 2026-25, Class SH, 1.479%, (5.10% -
30-day SOFR Average), 2/20/56(5)
$
     66,873
$    2,712,130
Series 2026-49, Class SE, 1.379%, (5.00% -
30-day SOFR Average), 3/20/56(5)
 
     57,224
    2,171,099
Series 2026-66, Class SN, 1.479%, (5.10% -
30-day SOFR Average), 4/20/56(5)
 
     21,694
      910,331
Series 2026-100, Class SH, 1.979%, (5.60% -
30-day SOFR Average), 6/20/66(5)
 
     89,576
    2,948,412
Series 2026-119, Class KS, 1.866%, (5.50% -
30-day SOFR Average), 7/20/56(5)
 
    125,000
    7,266,094
Series 2026-121, Class GS, 1.938%, (5.55% -
30-day SOFR Average), 7/20/66(5)
 
     42,016
    1,404,331
Series 2026-121, Class SG, 1.888%, (5.50% -
30-day SOFR Average), 7/20/66(5)
 
     55,000
    1,795,161
GS Mortgage-Backed Securities Trust: 
 
Series 2022-PJ6, Class B4, 3.186%,
1/25/53(1)(4)
 
      1,801
    1,091,763
Series 2024-PJ1, Class B3, 6.873%,
6/25/54(1)(4)
 
      5,552
    5,640,073
Series 2025-PJ8, Class B3, 6.525%,
2/25/56(1)(4)
 
      3,386
    3,248,107
Series 2025-NQM2, Class B1, 7.267%,
6/25/65(1)(4)
 
        850
      868,395
JPM Lending Facility, 9.981%, (SOFR + 7.00%),
7/15/29(2)
 
     60,225
   60,081,243
loanDepot FAMSR Master Trust, Series 2025-FT1,
Class A, 6.474%, (1 mo. SOFR + 2.75%),
12/19/30(1)(2)
 
     95,000
   95,423,942
LoanDepot GMSR Master Trust: 
 
Series 2025-GT2, Class A, 6.82%, (1 mo. SOFR
+ 3.15%), 7/16/30(1)(2)
 
     20,000
   20,309,440
Series 2025-GT2, Class B, 7.52%, (1 mo. SOFR
+ 3.85%), 7/16/30(1)(2)
 
     12,000
   12,059,868
Mello Warehouse Securitization Trust,
Series 2025-1, Class F, 10.224%, (1 mo. SOFR
+ 6.50%), 5/25/59(1)(2)
 
      9,000
    9,046,806
MFRA Trust, Series 2025-NQM1, Class B1,
7.034%, 3/25/70(1)(4)
 
      2,736
    2,762,028
NRZ Excess Spread-Collateralized Notes,
Series 2025-FHT1, Class A, 6.545%, 3/25/32(1)
 
     49,711
   50,255,286
Onity Loan Investment Trust: 
 
Series 2024-HB2, Class M3, 5.00%,
8/25/37(1)(4)
 
      1,500
    1,458,010
Series 2024-HB2, Class M4, 5.00%,
8/25/37(1)(4)
 
      7,750
    7,410,696
PNMAC GMSR Issuer Trust: 
 
Series 2024-GT1, Class A, 6.924%, (1 mo.
SOFR + 3.20%), 3/25/29(1)(2)
 
     12,059
   12,212,651
Series 2026-GT1, Class A, 3.648%, (1 mo.
SOFR), 5/25/31(1)(2)
 
    158,500
  158,893,381
 
 
Security
Principal
Amount
(000's omitted)
Value
PRMI Securitization Trust, Series 2025-CMG1,
Class M1, 6.432%, (30-day SOFR Average +
2.80%), 12/25/55(1)(2)
$
      1,000
$    1,000,737
PRPM LLC: 
 
Series 2024-NQM1, Class B1, 7.347%,
12/25/68(1)(4)
 
      9,000
    9,033,764
Series 2024-RCF4, Class M1, 4.00% to
8/25/26, 7/25/54(1)(3)
 
      3,100
    2,996,256
Series 2024-RCF5, Class M1, 4.00% to
8/25/26, 8/25/54(1)(3)
 
      4,003
    3,866,694
Series 2025-NQM1, Class M1A, 6.645%,
11/25/69(1)(4)
 
     10,221
   10,295,849
Series 2025-RCF1, Class M3, 4.50% to
2/25/27, 2/25/55(1)(3)
 
      1,700
    1,618,696
Series 2025-RCF3, Class M1A, 5.25%,
7/25/55(1)(4)
 
      1,100
    1,073,252
Series 2025-RCF3, Class M1B, 5.25%,
7/25/55(1)(4)
 
      1,000
      966,096
Rain City Mortgage Trust, Series 2024-RTL1,
Class A1, 6.53%, 9/25/29(1)(4)
 
      7,350
    7,402,397
RCO Trust, Series 2025-PR1, Class A, 6.25% to
7/28/28, 3/2/55(1)(3)
 
     16,427
   16,216,845
Saluda Grade Alternative Mortgage Trust,
Series 2024-RTL5, Class A1, 7.762% to
9/25/26, 4/25/30(1)(3)
 
      7,364
    7,364,503
Santander Mortgage Asset Receivable Trust,
Series 2025-NQM1, Class M1B, 6.966%,
1/25/65(1)(4)
 
      3,000
    3,023,045
Sequoia Mortgage Trust, Series 2024-3, Class B4,
5.966%, 4/25/54(1)(4)
 
      1,490
    1,424,140
SUA LLC, Series 2025-1, Class B, 6.995%,
5/25/40(1)
 
      4,000
    3,998,764
Unison Trust, Series 2021-1, Class A, 6.50%,
4/25/50(1)(4)
 
     46,729
   40,199,827
Total Collateralized Mortgage Obligations
(identified cost $5,838,985,764)
 
$5,705,292,144
 
Commercial Mortgage-Backed Securities — 7.3%
 
 
 
Security
Principal
Amount*
(000's omitted)
Value
Arena Finance Securities DAC: 
 
Series 2026-1A, Class B, 5.782%, (SONIA +
2.05%), 8/18/36(1)(2)
GBP
      5,000
    6,750,452
Series 2026-1A, Class C, 6.232%, (SONIA +
2.50%), 8/18/36(1)(2)
GBP
      4,800
    6,480,401
Series 2026-1A, Class D, 7.482%, (SONIA +
3.75%), 8/18/36(1)(2)
GBP
      6,000
    8,103,906
15
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount*
(000's omitted)
Value
BAHA Trust: 
 
Series 2024-MAR, Class C, 7.516%,
12/10/41(1)(4)
 
      7,823
    8,026,047
Series 2024-MAR, Class D, 8.907%,
12/10/41(1)(4)
 
     50,500
   52,494,346
Series 2024-MAR, Class E, 10.957%,
12/10/41(1)(4)
 
     36,000
   37,937,513
BAMLL Trust: 
 
Series 2024-BHP, Class B, 6.576%, (1 mo. SOFR
+ 2.90%), 8/15/39(1)(2)
 
      8,000
    8,041,715
Series 2024-BHP, Class C, 7.276%, (1 mo. SOFR
+ 3.60%), 8/15/39(1)(2)
 
      1,700
    1,709,572
BAY Trust: 
 
Series 2026-MDWS, Class D, 6.868%, (1 mo.
SOFR + 3.191%), 6/15/41(1)(2)
 
      7,600
    7,605,493
Series 2026-MDWS, Class E, 7.417%, (1 mo.
SOFR + 3.74%), 6/15/41(1)(2)
 
     74,100
   74,010,709
Series 2026-MDWS, Class ELP, 1.00%,
6/15/41(1)(4)
 
    700,000
            1
Series 2026-MDWS, Class F, 8.416%, (1 mo.
SOFR + 4.739%), 6/15/41(1)(2)
 
      5,600
    5,593,239
Series 2026-MDWS, Class HRR, 9.863%, (1 mo.
SOFR + 6.186%), 6/15/41(1)(2)
 
     35,000
   34,957,951
BFLD Commercial Mortgage Trust: 
 
Series 2025-660F, Class C, 5.826%, (1 mo. SOFR
+ 2.15%), 11/15/42(1)(2)
 
      6,400
    6,420,698
Series 2025-660F, Class D, 6.426%, (1 mo. SOFR
+ 2.75%), 11/15/42(1)(2)
 
     13,300
   13,365,811
Series 2025-660F, Class E, 7.276%, (1 mo. SOFR
+ 3.60%), 11/15/42(1)(2)
 
     16,000
   16,065,411
BPR Commercial Mortgage Trust, Series 2024-PARK,
Class E, 9.687%, 11/5/39(1)(4)
 
      7,300
    7,752,798
BX Trust: 
 
Series 2025-DELC, Class E, 6.726%, (1 mo.
SOFR + 3.05%), 12/15/42(1)(2)
 
      1,750
    1,754,816
Series 2025-GW, Class D, 6.426%, (1 mo. SOFR
+ 2.75%), 7/15/42(1)(2)
 
      3,950
    3,978,472
Series 2025-GW, Class E, 7.326%, (1 mo. SOFR
+ 3.65%), 7/15/42(1)(2)
 
     19,750
   19,917,518
Series 2026-CLS, Class C, 6.026%, (1 mo. SOFR
+ 2.35%), 5/15/43(1)(2)
 
      2,667
    2,678,865
Series 2026-CLS, Class D, 7.126%, (1 mo. SOFR
+ 3.45%), 5/15/43(1)(2)
 
      1,750
    1,761,233
CHI Commercial Mortgage Trust: 
 
Series 2025-110W, Class E, 7.413%,
12/13/40(1)(4)
 
     40,530
   39,660,498
Series 2025-110W, Class HRR, 10.238%,
12/13/40(1)(4)
 
     24,500
   23,984,500
Series 2025-SFT, Class C, 6.599%, 4/15/42(1)(4)
 
      1,500
    1,521,084
COMM Mortgage Trust, Series 2025-167G, Class D,
6.951%, 8/10/40(1)(4)
 
     20,220
   19,958,893
CRSNT Trust: 
 
Series 2026-MOON, Class D, 6.076%, (1 mo.
SOFR + 2.40%), 2/15/43(1)(2)
 
      1,250
    1,256,712
 
 
Security
Principal
Amount*
(000's omitted)
Value
CRSNT Trust: (continued)
 
Series 2026-MOON, Class E, 7.176%, (1 mo.
SOFR + 3.50%), 2/15/43(1)(2)
 
     14,500
   14,599,954
Durst Commercial Mortgage Trust, Series 2025-151,
Class D, 6.791%, 8/10/42(1)(4)
 
     20,700
   21,168,805
Extended Stay America Trust: 
 
Series 2025-ESH, Class D, 6.276%, (1 mo. SOFR
+ 2.60%), 10/15/42(1)(2)
 
      6,501
    6,571,729
Series 2025-ESH, Class E, 7.026%, (1 mo. SOFR
+ 3.35%), 10/15/42(1)(2)
 
     15,506
   15,703,448
Series 2025-ESH, Class F, 7.776%, (1 mo. SOFR
+ 4.10%), 10/15/42(1)(2)
 
      5,553
    5,633,954
Series 2026-ESH2, Class E, 6.576% (1 mo. SOFR
+ 2.90%), 2/15/43(1)(2)
 
      8,807
    8,890,651
Series 2026-ESH2, Class F, 7.426% (1 mo. SOFR
+ 3.75%), 2/15/43(1)(2)
 
      7,121
    7,201,915
Fontainebleau Miami Beach Mortgage Trust: 
 
Series 2024-FBLU, Class D, 6.276%, (1 mo.
SOFR + 2.60%), 12/15/39(1)(2)
 
     36,400
   36,681,161
Series 2024-FBLU, Class F, 7.926%, (1 mo. SOFR
+ 4.25%), 12/15/39(1)(2)
 
     21,240
   21,446,041
Series 2024-FBLU, Class G, 9.326%, (1 mo.
SOFR + 5.65%), 12/15/39(1)(2)
 
     29,000
   29,435,476
FS Trust: 
 
Series 2026-ORL, Class D, 6.076%, (1 mo. SOFR
+ 2.40%), 2/15/41(1)(2)
 
      7,100
    7,129,667
Series 2026-ORL, Class E, 6.926%, (1 mo. SOFR
+ 3.25%), 2/15/41(1)(2)
 
     14,300
   14,369,481
Great Wolf Trust: 
 
Series 2024-WOLF, Class E, 7.315%, (1 mo.
SOFR + 3.639%), 3/15/39(1)(2)
 
      8,815
    8,885,077
Series 2024-WOLF, Class F, 8.114%, (1 mo. SOFR
+ 4.438%), 3/15/39(1)(2)
 
      7,500
    7,565,874
GWT Trust: 
 
Series 2024-WLF2, Class D, 6.616%, (1 mo.
SOFR + 2.939%), 5/15/41(1)(2)
 
     10,800
   10,878,605
Series 2024-WLF2, Class E, 7.315%, (1 mo.
SOFR + 3.638%), 5/15/41(1)(2)
 
     15,000
   15,116,628
Harvest Commercial Capital Loan Trust,
Series 2019-1, Class M6, 7.712%, 9/25/46(1)(4)
 
      9,500
    9,095,960
HLTN Commercial Mortgage Trust,
Series 2026-DPLO, Class E, 7.926%, (1 mo.
SOFR + 4.25%), 4/15/41(1)(2)
 
     30,500
   30,825,337
Hudson Yards Mortgage Trust, Series 2025-SPRL,
Class F, 7.403%, 1/13/40(1)(4)
 
      1,750
    1,755,097
ICNQ Mortgage Trust, Series 2024-MF, Class E,
6.348%, 12/10/34(1)(4)
 
     11,850
   11,751,062
INTOWN Mortgage Trust, Series 2025-STAY, Class D,
6.526%, (1 mo. SOFR + 2.85%), 3/15/42(1)(2)
 
     25,000
   25,040,225
JP Morgan Chase Commercial Mortgage Securities
Trust, Series 2026-FUN, Class D, 6.426%, (1 mo.
SOFR + 2.75%), 6/15/39(1)(2)
 
      2,500
    2,515,398
16
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount*
(000's omitted)
Value
JPMBB Commercial Mortgage Securities Trust,
Series 2014-C22, Class D, 4.513%, 9/15/47(1)(4)
 
        806
      521,928
JW Commercial Mortgage Trust: 
 
Series 2026-MRCO, Class D, 6.126% (1 mo.
SOFR + 2.45%), 6/15/39(1)(2)
 
        688
      693,500
Series 2026-MRCO, Class E, 7.176%, (1 mo.
SOFR + 3.50%), 6/15/39(1)(2)
 
      2,500
    2,525,344
JW Trust, Series 2024-BERY, Class E, 7.216%,
(1 mo. SOFR + 3.54%), 11/15/39(1)(2)
 
      8,000
    8,058,890
LBTY Commercial Mortgage Trust,
Series 2026-225L, Class E, 6.578%,
2/10/43(1)(4)
 
     20,000
   19,581,656
NYC Commercial Mortgage Trust, Series 2025-1155,
Class D, 7.358%, 6/10/42(1)(4)
 
     10,000
    9,960,559
ORL Trust: 
 
Series 2024-GLKS, Class E, 6.867%, (1 mo.
SOFR + 3.19%), 12/15/39(1)(2)
 
      8,250
    8,309,468
Series 2024-GLKS, Class F, 8.115%, (1 mo. SOFR
+ 4.438%), 12/15/39(1)(2)
 
     33,550
   33,705,779
PFDR Trust, Series 2026-DLVR, Class A, 5.376%,
(1 mo. SOFR + 1.70%), 6/15/43(1)(2)
 
     16,000
   16,038,678
PNW Trust, Series 2026-ARTE, Class B, 5.887%,
(1 mo. SOFR + 2.211%), 4/15/41(1)(2)
 
     12,082
   12,068,744
ROCK Trust: 
 
Series 2024-CNTR, Class D, 7.109%, 11/13/41(1)
 
      1,750
    1,804,603
Series 2024-CNTR, Class E, 8.819%, 11/13/41(1)
 
     62,500
   65,076,675
SHR Trust: 
 
Series 2024-LXRY, Class D, 7.276%, (1 mo. SOFR
+ 3.60%), 10/15/41(1)(2)
 
      7,959
    8,000,355
Series 2024-LXRY, Class E, 8.126%, (1 mo. SOFR
+ 4.45%), 10/15/41(1)(2)
 
      5,500
    5,539,791
SPGN Trust: 
 
Series 2026-TFLM, Class E, 7.426%, (1 mo.
SOFR + 3.75%), 2/15/41(1)(2)
 
     50,120
   50,342,633
Series 2026-TFLM, Class HRR, 9.326%, (1 mo.
SOFR + 5.65%), 2/15/41(1)(2)
 
     25,750
   25,813,942
Taurus U.K. DAC: 
 
Series 2025-UK3A, Class D, 6.533%, (SONIA +
2.80%), 7/20/35(1)(2)
GBP
      3,150
    4,250,199
Series 2025-UK3A, Class E, 7.533%, (SONIA +
3.80%), 7/20/35(1)(2)
GBP
      3,750
    5,059,918
TX Trust: 
 
Series 2024-HOU, Class D, 6.915%, (1 mo. SOFR
+ 3.239%), 6/15/39(1)(2)
 
      2,450
    2,461,872
Series 2024-HOU, Class E, 8.064%, (1 mo. SOFR
+ 4.387%), 6/15/39(1)(2)
 
      6,000
    6,041,243
U.K. Logistics DAC, Series 2024-1A, Class E,
8.747%, (SONIA + 5.00%), 5/17/34(1)(2)
GBP
      1,269
    1,714,436
VCC Trust: 
 
Series 2025-MC1, Class A1, 8.163% to 5/25/28,
5/25/55(1)(3)
 
     16,317
   16,233,816
 
 
Security
Principal
Amount*
(000's omitted)
Value
VCC Trust: (continued)
 
Series 2026-MC1, Class A1, 6.492% to 1/25/29,
1/27/31(1)(3)
 
     17,280
   17,250,985
Velocity Commercial Capital Loan Trust: 
 
Series 2025-4, Class M2, 6.17%, 9/25/55(1)(4)
 
      1,221
    1,206,491
Series 2025-4, Class M4, 9.35%, 9/25/55(1)(4)
 
      1,495
    1,455,320
Series 2025-5, Class M3, 6.70%, 12/25/55(1)(4)
 
      2,486
    2,427,958
Series 2025-5, Class M4, 9.19%, 12/25/55(1)(4)
 
      1,989
    1,945,560
Series 2026-1, Class M3, 6.26%, 2/25/56(1)(4)
 
      3,233
    3,148,485
Series 2026-1, Class M4, 8.48%, 2/25/56(1)(4)
 
      2,487
    2,422,870
Wells Fargo Commercial Mortgage Trust: 
 
Series 2025-1918, Class C, 6.692%,
9/15/40(1)(4)
 
      5,455
    5,326,428
Series 2026-1250B, Class D, 6.379%,
3/10/41(1)(4)
 
      2,500
    2,484,580
Series 2026-1250B, Class E, 7.828%,
3/10/41(1)(4)
 
     17,000
   17,117,620
WHARF Commercial Mortgage Trust,
Series 2025-DC, Class E, 7.724%, 7/15/40(1)(4)
 
     16,250
   16,315,754
Total Commercial Mortgage-Backed Securities
(identified cost $1,102,747,652)
 
$1,098,956,279
 
Common Stocks — 0.9%
 
Security
Shares
Value
Argentina — 0.0%†
Vista Energy SAB de CV ADR(8)
 
     18,800
$    1,324,460
 
 
$    1,324,460
Belgium — 0.0%†
Cenergy Holdings SA
 
     10,900
$      272,237
 
 
$      272,237
Brazil — 0.1%
Constellation Oil Services Holding SA(8)
 
    104,100
$    1,538,899
Petroleo Brasileiro SA - Petrobras ADR
 
     68,500
    1,328,900
Suzano SA ADR
 
    330,200
    2,813,304
 
 
$    5,681,103
China — 0.0%†
Kaisa Group Holdings Ltd.(8)
 
    166,027
$          824
Shimao Group Holdings Ltd.(8)
 
    495,945
        4,043
Sunac China Holdings Ltd.(8)
 
  1,484,021
      104,197
Times China Holdings Ltd.(8)
 
    711,339
        2,532
 
 
$      111,596
17
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Security
Shares
Value
Cyprus — 0.0%†
Bank of Cyprus Holdings PLC
 
    380,939
$    4,519,592
 
 
$    4,519,592
Greece — 0.1%
Alpha Bank SA
 
    174,998
$      867,768
Athens International Airport SA
 
     10,800
      131,619
CrediaBank SA(8)
 
    416,995
      481,984
Eurobank SA
 
    363,179
    1,876,744
GEK TERNA SA
 
     16,723
      875,367
Hellenic Telecommunications Organization SA
 
     27,300
      630,060
Helleniq Energy Holdings SA
 
     12,100
      181,010
Holding Co. ADMIE IPTO SA
 
     10,796
       56,093
Ideal Holdings SA
 
      8,800
       61,200
JUMBO SA
 
     17,700
      494,602
LAMDA Development SA(8)
 
     11,300
       82,670
Metlen Energy & Metals PLC
 
     23,400
    1,247,853
Motor Oil (Hellas) Corinth Refineries SA
 
     10,300
      605,091
National Bank of Greece SA
 
     87,454
    1,636,356
Optima bank SA
 
     27,732
      335,964
Piraeus Bank SA(8)
 
    127,346
    1,485,372
Public Power Corp. SA
 
     68,900
    1,775,421
Qualco Group SA(8)
 
     18,822
      124,573
Titan SA
 
      5,800
      349,071
 
 
$   13,298,818
Hungary — 0.1%
Magyar Telekom Telecommunications PLC
 
    108,200
$      937,964
MOL Hungarian Oil & Gas PLC(8)
 
    129,100
    1,848,414
OTP Bank Nyrt
 
     38,000
    5,629,388
Richter Gedeon Nyrt
 
     19,000
      707,924
 
 
$    9,123,690
Iceland — 0.0%†
Siminn Hf.
 
  2,023,336
$      209,522
 
 
$      209,522
Mexico — 0.0%†
Orbia Advance Corp. SAB de CV(8)
 
  1,917,600
$    2,711,512
 
 
$    2,711,512
Pakistan — 0.0%†
VEON Ltd. ADR(8)
 
     58,200
$    3,043,278
 
 
$    3,043,278
Security
Shares
Value
Peru — 0.0%†
Auna SA, Class A(8)
 
    559,000
$    2,834,130
 
 
$    2,834,130
Puerto Rico — 0.0%†
Liberty Latin America Ltd., Class A(8)
 
      4,420
$       36,023
 
 
$       36,023
Taiwan — 0.1%
Cathay Financial Holding Co. Ltd.
 
    256,000
$      796,744
CTBC Financial Holding Co. Ltd.
 
    400,000
      798,373
E.Sun Financial Holding Co. Ltd.
 
    693,000
      826,549
Fubon Financial Holding Co. Ltd.
 
    195,000
      777,264
KGI Financial Holding Co. Ltd.
 
  1,024,000
      967,456
SinoPac Financial Holdings Co. Ltd.
 
    736,000
      917,895
Yuanta Financial Holding Co. Ltd.
 
    405,000
      844,906
 
 
$    5,929,187
United Arab Emirates — 0.0%†
Aldar Properties PJSC
 
    617,100
$    1,244,990
Emaar Properties PJSC
 
    640,500
    1,911,617
Kyivstar Group Ltd.(8)
 
    105,600
    1,431,936
 
 
$    4,588,543
United States — 0.0%†
Gold Reserve Ltd.(8)
 
    103,908
$      471,742
 
 
$      471,742
Uzbekistan — 0.0%†
National Investment Fund of the Republic of
Uzbekistan JSC GDR(1)(8)
 
     61,304
$    2,007,706
 
 
$    2,007,706
Vietnam — 0.5%
Asia Commercial Bank JSC
 
  1,876,026
$    1,560,462
Bank for Foreign Trade of Vietnam JSC
 
    911,200
    2,048,657
Bank for Investment & Development of Vietnam JSC
 
  2,144,800
    3,092,220
Coteccons Construction JSC
 
    901,177
    2,088,067
Duc Giang Chemicals JSC
 
    254,500
      377,319
FPT Corp.
 
  2,414,000
    6,142,783
Gemadept Group Corp.
 
    765,600
    2,239,603
Hoa Phat Group JSC
 
  2,874,960
    2,368,448
IDICO Corp. JSC
 
    530,970
      657,643
Khang Dien House Trading & Investment JSC(8)
 
  2,283,900
    1,515,100
Kinh Bac City Development Holding Corp.(8)
 
  2,560,600
    2,690,513
Masan Group Corp.(8)
 
    779,800
    1,956,661
Military Commercial Joint Stock Bank
 
  3,873,700
    3,307,480
18
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Security
Shares
Value
Vietnam (continued)
Mobile World Investment Corp.
 
  2,850,100
$    7,562,012
Nam Long Investment Corp.
 
  2,481,952
    2,094,231
PetroVietnam Gas JSC
 
    707,500
    1,842,440
Phat Dat Real Estate Development Corp.(8)
 
  1,567,100
      681,820
Refrigeration Electrical Engineering Corp.
 
    509,055
      899,172
Saigon Treasure Commercial JSB(8)
 
  1,515,300
    4,104,560
SSI Securities Corp.
 
  4,940,460
    4,413,675
Techcom Securities JSC
 
  1,828,080
    2,848,112
Vietnam Dairy Products JSC
 
  1,583,200
    3,662,793
Vietnam Joint Stock Commercial Bank for Industry &
Trade
 
  1,438,740
    1,682,302
Vietnam Prosperity JSC Bank
 
  2,067,000
    1,942,717
Vietnam Technological & Commercial Joint Stock Bank
 
  4,021,500
    4,417,726
Vingroup JSC(8)
 
  1,489,200
   12,013,989
Vinh Hoan Corp.
 
  1,123,500
    2,242,607
 
 
$   80,453,112
Total Common Stocks
(identified cost $143,966,273)
 
$  136,616,251
 
Convertible Bonds — 2.0%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
Australia — 0.1%
IREN Ltd.: 
 
0.00%, 7/1/31(1)
USD
      3,025
$    2,317,150
0.25%, 6/1/32(1)
USD
      3,200
    2,996,000
 
 
$    5,313,150
China — 0.2%
Alibaba Group Holding Ltd.: 
 
0.00%, 7/9/32(9)
HKD
     13,000
$    1,554,881
0.00%, 9/15/32(9)
USD
     11,715
   11,345,978
0.50%, 6/1/31
USD
      3,204
    4,424,724
JD.com, Inc., 0.25%, 6/1/29
USD
      4,535
    4,730,005
Kaisa Group Holdings Ltd.: 
 
0.00%, 12/31/26(1)
USD
         28
          135
0.00%, 12/31/27(1)
USD
         36
          124
0.00%, 12/31/28(1)
USD
         57
          156
0.00%, 12/31/29(1)
USD
         57
          156
0.00%, 12/31/30(1)
USD
         71
          195
0.00%, 12/31/31(1)
USD
         71
          195
0.00%, 12/31/32(1)
USD
        134
          368
 
 
Security
Principal
Amount
(000's omitted)
Value
China (continued)
Ping An Insurance Group Co. of China Ltd., 0.00%,
6/11/30(9)
HKD
     21,000
$    3,157,069
Sunac China Holdings Ltd., 0.00%, 6/23/28(1)
USD
        956
      129,150
Times China Holdings Ltd.: 
 
0.00%, 3/30/27(1)
USD
      1,258
        8,796
0.00%, 3/30/27(1)
USD
        257
        1,554
Trip.com Group Ltd., 0.75%, 6/15/29
USD
      4,330
    4,446,136
 
 
$   29,799,622
Germany — 0.0%†
TUI AG, 1.95%, 7/26/31(9)
EUR
      1,800
$    2,396,737
 
 
$    2,396,737
Israel — 0.0%†
Check Point Software Technologies Ltd., 0.00%,
12/15/30(1)
USD
      1,450
$    1,343,788
Nova Ltd., 0.00%, 9/15/30(1)
USD
      1,075
    1,560,631
Wix.com Ltd., 0.00%, 9/15/30(1)
USD
      2,315
    1,817,275
 
 
$    4,721,694
Japan — 0.0%†
Nippon Steel Corp., 0.00%, 2/14/31(9)
JPY
    260,000
$    1,749,348
 
 
$    1,749,348
Netherlands — 0.1%
Nebius Group NV: 
 
1.00%, 9/15/30(1)
USD
      4,220
$    6,736,175
2.625%, 3/15/33(1)
USD
      3,700
    4,927,475
 
 
$   11,663,650
Singapore — 0.0%†
Grab Holdings Ltd., 0.00%, 6/15/30(9)
USD
      3,105
$    2,968,380
 
 
$    2,968,380
Spain — 0.0%†
Cellnex Telecom SA: 
 
0.50%, 7/5/28(9)
EUR
      1,700
$    2,073,605
2.125%, 8/11/30(9)
EUR
      2,300
    2,802,771
 
 
$    4,876,376
Taiwan — 0.0%†
Wistron Corp., 0.00%, 10/23/30(9)
USD
      2,700
$    2,870,100
 
 
$    2,870,100
19
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
United Kingdom — 0.0%†
Barclays Bank PLC, 1.00%, 2/16/29
USD
      1,686
$    1,817,579
Ocado Group PLC, 6.25%, 8/6/29(9)
GBP
        900
    1,175,046
 
 
$    2,992,625
United States — 1.6%
Advanced Energy Industries, Inc., 0.00%,
5/15/31(1)
USD
      1,000
$      976,000
Affirm Holdings, Inc., 0.75%, 12/15/29
USD
      3,405
    3,694,281
Akamai Technologies, Inc.: 
 
0.00%, 5/15/32(1)
USD
      2,750
    2,505,250
0.25%, 5/15/33
USD
      1,515
    2,171,753
1.125%, 2/15/29
USD
      3,195
    3,773,295
Alphatec Holdings, Inc., 0.75%, 3/15/30
USD
      1,020
    1,005,822
Amphastar Pharmaceuticals, Inc., 2.00%, 3/15/29
USD
      2,905
    2,638,468
Avnet, Inc., 1.75%, 9/1/30(1)
USD
      2,525
    3,536,262
Bill Holdings, Inc., 0.00%, 4/1/30
USD
      3,100
    2,730,945
BlackLine, Inc., 1.00%, 6/1/29
USD
      2,525
    2,354,563
Block, Inc., 0.25%, 11/1/27
USD
      1,615
    1,535,028
Boston Properties LP, 2.00%, 10/1/30(1)
USD
      2,650
    2,603,625
Bridgebio Pharma, Inc., 0.75%, 2/1/33(1)
USD
      4,180
    4,318,358
CenterPoint Energy, Inc., 3.00%, 8/1/28(1)
USD
      3,065
    3,197,561
Ciena Corp., 0.00%, 9/15/31(1)
USD
      2,600
    2,458,300
Cleanspark, Inc., 0.00%, 2/15/32(1)
USD
      2,200
    2,189,880
Cloudflare, Inc., 0.00%, 6/15/30
USD
      3,705
    5,136,541
CMS Energy Corp., 3.375%, 5/1/28
USD
      2,450
    2,653,962
Coinbase Global, Inc., 0.00%, 10/1/32(1)
USD
      6,820
    5,249,653
CoreWeave, Inc.: 
 
1.75%, 12/1/31(1)
USD
      6,100
    5,760,840
1.75%, 10/1/32(1)
USD
        285
      250,230
Cytokinetics, Inc., 3.50%, 7/1/27
USD
      1,405
    2,188,112
Datadog, Inc., 0.00%, 12/1/29
USD
      3,484
    5,074,446
Dexcom, Inc., 0.375%, 5/15/28
USD
      1,825
    1,732,381
Digital Realty Trust LP, 1.875%, 11/15/29(1)
USD
      3,815
    4,154,535
DoorDash, Inc., 0.00%, 5/15/30
USD
      4,960
    5,003,400
Duke Energy Corp., 3.00%, 3/15/29(1)
USD
      2,850
    2,815,800
Enovis Corp., 3.875%, 10/15/28
USD
      3,105
    3,102,177
Envista Holdings Corp., 1.75%, 8/15/28
USD
      2,760
    2,753,546
Etsy, Inc., 0.25%, 6/15/28
USD
      3,750
    3,438,375
Euronet Worldwide, Inc., 0.625%, 10/1/30(1)
USD
      2,315
    2,095,075
Evergy, Inc., 4.50%, 12/15/27
USD
      1,910
    2,599,128
Federal Realty OP LP, 3.25%, 1/15/29(1)
USD
      2,395
    2,641,685
Five9, Inc., 1.00%, 3/15/29
USD
      1,835
    1,687,650
Galaxy Digital Holdings LP, 0.50%, 5/1/31(1)
USD
      2,820
    2,112,180
Global Payments, Inc., 1.50%, 3/1/31
USD
      3,665
    3,384,627
Haemonetics Corp., 2.50%, 6/1/29
USD
      2,515
    2,643,265
 
 
Security
Principal
Amount
(000's omitted)
Value
United States (continued)
Halozyme Therapeutics, Inc., 0.00%, 2/15/31(1)
USD
      2,180
$    2,414,350
Integer Holdings Corp., 1.875%, 3/15/30
USD
      2,790
    2,949,588
Ionis Pharmaceuticals, Inc., 0.00%, 12/1/30(1)
USD
      2,685
    2,377,903
Itron, Inc., 0.00%, 3/15/32(1)
USD
      2,150
    2,197,300
Jazz Investments I Ltd., 3.125%, 9/15/30
USD
      2,330
    4,107,790
Knight-Swift Transportation Holdings, Inc., 1.00%,
11/15/31(1)
USD
        300
      327,225
Lantheus Holdings, Inc., 2.625%, 12/15/27
USD
      3,205
    4,228,997
Liberty Media Corp.-Liberty Formula One, 2.25%,
8/15/27
USD
      1,855
    2,341,938
Live Nation Entertainment, Inc.: 
 
2.875%, 1/15/30
USD
      3,325
    3,853,675
2.875%, 10/15/31(1)
USD
      1,440
    1,556,959
Lumentum Holdings, Inc., 0.375%, 3/15/32(1)
USD
      1,130
    4,400,333
MARA Holdings, Inc., 0.00%, 6/1/31
USD
      3,115
    2,942,896
Marriott Vacations Worldwide Corp., 3.25%,
12/15/27
USD
      2,870
    2,824,080
Match Group Financeco 3, Inc., 2.00%, 1/15/30(1)
USD
      1,905
    1,759,915
Merit Medical Systems, Inc., 3.00%, 2/1/29
USD
      2,180
    2,552,780
Meritage Homes Corp., 1.75%, 5/15/28
USD
      1,750
    1,738,625
Microchip Technology, Inc.: 
 
0.00%, 2/15/30(1)
USD
      2,500
    2,670,000
0.75%, 6/1/30
USD
      3,475
    3,602,039
MKS, Inc., 1.25%, 6/1/30
USD
      2,520
    5,169,150
NCL Corp. Ltd., 0.75%, 9/15/30(1)
USD
      1,785
    1,638,994
NextEra Energy Capital Holdings, Inc., 3.00%,
3/1/27
USD
      2,060
    2,673,880
Northern Oil & Gas, Inc., 3.625%, 4/15/29
USD
      2,170
    2,163,009
Nutanix, Inc., 0.50%, 12/15/29
USD
      3,095
    3,221,895
ON Semiconductor Corp., 0.50%, 3/1/29
USD
      3,475
    3,933,700
Onto Innovation, Inc., 0.00%, 6/1/31(1)
USD
      1,600
    1,739,490
Parsons Corp., 2.625%, 3/1/29
USD
      2,995
    2,892,571
PG&E Corp., 4.25%, 12/1/27
USD
      4,540
    4,661,445
Post Holdings, Inc., 2.50%, 8/15/27
USD
      2,810
    2,940,665
PPL Capital Funding, Inc., 2.875%, 3/15/28
USD
      3,095
    3,434,681
Progress Software Corp., 3.50%, 3/1/30
USD
      2,720
    2,710,344
Rapid7, Inc.: 
 
0.25%, 3/15/27
USD
        815
      792,628
1.25%, 3/15/29
USD
        970
      822,075
Rivian Automotive, Inc., 4.625%, 3/15/29
USD
      3,300
    3,688,161
Rubrik, Inc., 0.00%, 6/15/30
USD
      3,370
    3,348,095
Shift4 Payments, Inc., 0.50%, 8/1/27
USD
      3,655
    3,495,145
Snowflake, Inc., 0.00%, 10/1/29
USD
      1,435
    2,846,179
Southern Co., 3.25%, 6/15/28
USD
      4,240
    4,278,160
Tyler Technologies, Inc., 0.50%, 7/15/31(1)
USD
      1,100
    1,123,375
20
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
United States (continued)
Uber Technologies, Inc.: 
 
0.00%, 5/15/28
USD
      3,270
$    3,664,035
0.875%, 12/1/28
USD
      3,360
    3,965,640
Workiva, Inc., 1.25%, 8/15/28
USD
      3,380
    3,225,365
Ziff Davis, Inc., 1.75%, 11/1/26
USD
      1,230
    1,220,775
Zoetis, Inc., 0.25%, 6/15/29(1)
USD
      3,400
    3,124,600
Zscaler, Inc., 0.00%, 7/15/28
USD
      4,305
    4,002,715
 
 
$  233,790,164
Total Convertible Bonds
(identified cost $287,160,256)
 
$  303,141,846
 
Convertible Preferred Stocks — 0.2%
 
Security
Shares
Value
United States — 0.2%
Bank of America Corp., Series L, 7.25%
 
      3,300
$    4,256,670
QXO, Inc., 4.75%(8)(10)(11)
 
      3,021
   21,671,357
Wells Fargo & Co., Series L, Class A, 7.50%
 
      3,400
    4,031,176
Total Convertible Preferred Stocks
(identified cost $38,319,847)
 
$   29,959,203
 
Corporate Bonds — 5.9%
 
 
 
Security
Principal
Amount
(000s omitted)
Value
United States — 5.9%
1261229 B.C. Ltd., 10.00%, 4/15/32(1)
USD
     12,000
$   12,276,756
Acadia Healthcare Co., Inc.: 
 
5.00%, 4/15/29(1)
USD
      3,844
    3,775,710
7.375%, 3/15/33(1)
USD
      3,844
    3,968,919
Albertsons Cos., Inc./Safeway, Inc./New Albertsons
LP/Albertsons LLC, 3.50%, 3/15/29(1)
USD
     15,000
   14,127,329
Alliant Holdings Intermediate LLC/Alliant Holdings
Co-Issuer, 4.25%, 10/15/27(1)
USD
      3,412
    3,375,298
Allied Universal Holdco LLC/Allied Universal
Finance Corp./Atlas Luxco 4 SARL, 4.625%,
6/1/28(1)
USD
     14,625
   14,437,385
Amentum Holdings, Inc., 7.25%, 8/1/32(1)
USD
      7,630
    7,845,113
AmeriTex HoldCo Intermediate LLC, 7.625%,
8/15/33(1)
USD
      7,630
    7,862,295
Amynta Agency Borrower, Inc. & Amynta Warranty
Borrower, Inc., 7.50%, 7/15/33(1)
USD
      6,350
    6,211,570
APLD ComputeCo 2 LLC, 6.75%, 3/15/31(1)
USD
      8,630
    8,444,572
 
 
Security
Principal
Amount
(000s omitted)
Value
United States (continued)
APLD ComputeCo 3 LLC, 7.00%, 6/15/31(1)
USD
      7,565
$    7,387,412
APLD ComputeCo LLC, 9.25%, 12/15/30(1)
USD
      3,000
    3,190,638
Arches Buyer, Inc., 6.125%, 12/1/28(1)
USD
      5,140
    5,029,072
Ardagh Group SA, 9.50%, 12/1/30(1)
USD
      5,970
    6,331,054
Ardagh Metal Packaging Finance USA LLC/Ardagh
Metal Packaging Finance PLC: 
 
3.00%, 9/1/29(9)
EUR
      1,235
    1,380,150
3.25%, 9/1/28(1)
USD
     26,351
   25,346,500
4.00%, 9/1/29(1)
USD
      7,870
    7,477,249
Arsenale SpA, 9.291%, (3 mo. EURIBOR +
7.00%), 6/28/30(2)(9)
EUR
      1,900
    2,161,769
Asbury Automotive Group, Inc.: 
 
4.625%, 11/15/29(1)
USD
        236
      229,022
5.00%, 2/15/32(1)
USD
      9,530
    9,085,365
Asurion LLC/Asurion Co-Issuer, Inc.: 
 
8.00%, 12/31/32(1)
USD
      4,823
    4,882,979
8.375%, 2/1/34(1)
USD
      6,350
    5,790,486
athenahealth Group, Inc.: 
 
6.50%, 2/15/30(1)
USD
     25,400
   24,513,225
7.50%, 2/15/32(1)
USD
      1,090
    1,118,852
Azorra Finance Ltd., 7.25%, 1/15/31(1)
USD
      5,080
    5,236,266
Bausch & Lomb Netherlands BV & Bausch & Lomb,
Inc., 6.306%, (3 mo. EURIBOR + 3.875%),
1/15/31(2)(9)
EUR
      3,556
    4,144,599
Beach Acquisition Bidco LLC: 
 
5.25%, 7/15/32(9)
EUR
      4,998
    5,806,440
10.00%, (10.00% cash or 10.75% PIK),
7/15/33(1)(12)
USD
     16,095
   17,289,655
Bond U.S. Bidco 1, Inc./Bidco 2/Bidco 3/German
Bidco 1 GmbH/German Bidco 2: 
 
6.50%, 6/15/33(9)
EUR
      5,380
    6,242,679
7.125%, 6/15/33(1)
USD
      3,085
    3,105,950
Brightstar Lottery PLC, 5.25%, 1/15/29(1)
USD
     12,034
   11,901,733
Builders FirstSource, Inc., 4.25%, 2/1/32(1)
USD
     10,170
    9,264,949
Carrix, Inc., 6.125%, 8/1/33(1)
USD
      3,240
    3,233,135
CCO Holdings LLC/CCO Holdings Capital Corp.,
5.00%, 2/1/28(1)
USD
     14,750
   14,573,882
Celanese U.S. Holdings LLC, 7.70%, 11/15/33
USD
      6,350
    6,727,355
Century Communities, Inc., 6.625%, 9/15/33(1)
USD
      5,080
    5,100,946
Champions Financing, Inc., 8.75%, 2/15/29(1)
USD
        907
      898,098
Charter Communications Operating LLC/Charter
Communications Operating Capital, 3.70%,
4/1/51
USD
     15,250
    9,023,111
Chobani LLC/Chobani Finance Corp., Inc., 6.375%,
4/15/34(1)
USD
      2,215
    2,222,547
Cipher Compute LLC, 7.125%, 11/15/30(1)
USD
      4,190
    4,279,084
21
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000s omitted)
Value
United States (continued)
Clarios Global LP/Clarios U.S. Finance Co., 4.75%,
6/15/31(9)
EUR
      4,640
$    5,374,797
Cleveland-Cliffs, Inc., 7.00%, 3/15/32(1)
USD
      8,900
    8,929,770
Cloud Software Group LLC: 
 
6.50%, 3/31/29(1)
USD
      5,000
    4,890,091
9.00%, 9/30/29(1)
USD
      9,000
    8,825,955
Clydesdale Acquisition Holdings, Inc.: 
 
6.75%, 4/15/32(1)
USD
      4,269
    4,068,857
8.75%, 4/15/30(1)
USD
      7,712
    7,377,369
Dream Finders Homes, Inc., 6.875%, 9/15/30(1)
USD
      4,452
    4,349,108
EchoStar Corp., 10.75%, 11/30/29
USD
      3,904
    4,225,075
EMRLD Borrower LP/Emerald Co-Issuer, Inc.,
6.625%, 12/15/30(1)
USD
     20,000
   20,352,940
Ferrellgas LP/Ferrellgas Finance Corp., 5.875%,
4/1/29(1)
USD
        870
      849,410
Gaia Purchaser, Inc., 7.625%, 7/15/33(1)
USD
      6,195
    6,217,299
Global Medical Response, Inc., 7.375%, 10/1/32(1)
USD
      6,170
    6,283,536
Global Partners LP/GLP Finance Corp.: 
 
7.125%, 7/1/33(1)
USD
      5,080
    5,147,945
8.25%, 1/15/32(1)
USD
      5,080
    5,298,562
Group 1 Automotive, Inc., 4.00%, 8/15/28(1)
USD
      7,146
    6,900,789
Herc Holdings, Inc.: 
 
5.75%, 3/15/31(1)
USD
      3,275
    3,244,634
6.00%, 3/15/34(1)
USD
      3,290
    3,228,988
Hightower Holding LLC, 9.125%, 1/31/30(1)
USD
      2,540
    2,644,841
Howard Midstream Energy Partners LLC: 
 
6.625%, 1/15/34(1)
USD
        320
      323,755
6.625%, 1/15/35(1)
USD
      1,315
    1,314,923
Ingram Micro, Inc., 4.75%, 5/15/29(1)
USD
     11,500
   11,200,203
JB Poindexter & Co., Inc., 8.75%, 12/15/31(1)
USD
      8,915
    9,196,794
K Hovnanian Enterprises, Inc.: 
 
8.00%, 4/1/31(1)
USD
      3,560
    3,631,517
8.375%, 10/1/33(1)
USD
      3,560
    3,620,908
King U.S. Bidco, Inc., 5.681%, (3 mo. EURIBOR +
3.25%), 12/1/32(2)(9)
EUR
      4,700
    5,488,620
LBM Acquisition LLC, 9.50%, 6/15/31(1)
USD
      3,000
    2,526,449
Leeward Renewable Energy Operations LLC,
4.25%, 7/1/29(1)
USD
      9,530
    9,049,332
Level 3 Financing, Inc., 7.00%, 3/31/34(1)
USD
      6,350
    6,464,541
LifePoint Health, Inc.: 
 
5.375%, 1/15/29(1)
USD
      7,893
    7,495,957
10.00%, 6/1/32(1)
USD
      1,270
    1,220,874
Matador Resources Co., 6.00%, 4/15/34(1)
USD
      2,500
    2,419,052
Men's Wearhouse LLC, 9.00%, 2/1/31(1)
USD
      8,900
    9,496,807
Michaels Cos., Inc., 8.50%, 3/15/33(1)
USD
      6,975
    6,914,465
 
 
Security
Principal
Amount
(000s omitted)
Value
United States (continued)
Midcap Financial Issuer Trust, 6.003%, (3 mo.
SOFR + 2.25%), 1/15/33(1)(2)
USD
     35,000
$   37,111,200
Mohegan Tribal Gaming Authority/MS Digital
Entertainment Holdings LLC, 8.25%, 4/15/30(1)
USD
      6,990
    7,274,165
Moog, Inc., 5.50%, 10/15/34(1)
USD
        950
      921,429
National Mentor Holdings, Inc., 10.50%,
12/15/30(1)
USD
      6,670
    7,040,238
Nexstar Media, Inc.: 
 
4.75%, 11/1/28(1)
USD
      3,000
    2,943,521
6.50%, 9/15/33(1)
USD
      2,065
    2,056,213
7.25%, 4/15/34(1)
USD
      1,860
    1,865,693
NGL Energy Operating LLC/NGL Energy Finance
Corp.: 
 
8.125%, 2/15/29(1)
USD
      3,810
    3,907,032
8.375%, 2/15/32(1)
USD
      1,270
    1,321,189
Noble Finance II LLC, 6.25%, 6/15/34(1)
USD
      1,485
    1,442,893
NRG Energy, Inc.: 
 
6.00%, 1/15/36(1)
USD
      3,645
    3,568,254
6.125%, 5/15/36(1)
USD
      6,000
    5,925,872
OAK-Eagle Acquireco, Inc.: 
 
6.25%, 7/1/33(1)
EUR
      1,600
    1,932,974
8.75%, 7/1/34(1)
USD
      4,750
    5,006,937
Olympus Water U.S. Holding Corp.: 
 
6.125%, 2/15/33(9)
EUR
      1,900
    2,191,246
6.125%, 2/15/33(1)
EUR
      7,000
    8,073,010
7.25%, 2/15/33(1)
USD
      3,810
    3,734,826
Park River Holdings, Inc.: 
 
8.00%, 3/15/31(1)
USD
      5,080
    5,061,114
8.75%, 12/31/30(1)
USD
      2,540
    2,348,455
Performance Food Group, Inc., 4.25%, 8/1/29(1)
USD
     20,000
   19,352,516
Perrigo Finance Unlimited Co.: 
 
4.90%, 12/15/44
USD
      4,700
    3,415,109
5.375%, 9/30/32
EUR
      4,580
    5,144,702
PetSmart LLC/PetSmart Finance Corp.: 
 
7.50%, 9/15/32(1)
USD
      4,450
    4,499,876
10.00%, 9/15/33(1)
USD
      4,450
    4,430,817
QXO Building Products, Inc.: 
 
6.50%, 7/15/31(1)
USD
        575
      577,863
6.875%, 7/15/34(1)
USD
      1,340
    1,343,020
Risewell Homes, Inc.: 
 
8.50%, 11/1/30(1)
USD
      2,540
    2,594,008
9.25%, 10/1/29(1)
USD
      6,350
    6,444,291
Rocket Cos., Inc.: 
 
6.125%, 8/1/31(1)
USD
      1,220
    1,226,231
6.50%, 6/15/34(1)
USD
        815
      822,461
22
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000s omitted)
Value
United States (continued)
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer,
Inc., 4.00%, 10/15/33(1)
USD
      7,630
$    6,743,760
SCIH Salt Holdings, Inc.: 
 
6.625%, 8/15/31(1)(13)
USD
      2,305
    2,307,468
8.00%, 8/15/32(1)(13)
USD
      2,240
    2,225,869
Sinclair Television Group, Inc., 8.125%, 2/15/33(1)
USD
      6,350
    6,519,697
Smyrna Ready Mix Concrete LLC, 6.00%,
11/1/28(1)
USD
     10,000
    9,993,363
Somnigroup International, Inc., 4.00%, 4/15/29(1)
USD
      1,900
    1,827,420
SS&C Technologies, Inc., 5.50%, 9/30/27(1)
USD
     12,000
   11,991,947
Standard Industries, Inc., 4.75%, 1/15/28(1)
USD
     11,169
   11,108,598
Stonebriar ABF Issuer LLC: 
 
7.00%, 8/15/31(1)
USD
      1,225
    1,226,574
8.125%, 12/15/30(1)
USD
      8,160
    8,500,876
Sunoco LP, 7.875% to 9/18/30(1)(14)(15)
USD
     17,790
   18,247,345
Surgery Center Holdings, Inc., 7.25%, 4/15/32(1)
USD
      9,833
    9,875,916
Sword Purchaser LLC, 8.25%, 4/15/33(1)
USD
      3,325
    3,402,638
Synergy Infrastructure Holdings LLC: 
 
7.00%, 7/15/34(1)
USD
        710
      716,725
7.875%, 12/1/30(1)
USD
      7,630
    7,978,195
Talen Energy Supply LLC, 6.125%, 5/1/31(1)
USD
      4,000
    3,978,053
TEAM Services Holding, Inc., 9.00%, 2/15/33(1)
USD
      7,630
    7,732,334
TKC Holdings, Inc.: 
 
8.50%, 8/15/30(1)
USD
      7,535
    7,707,167
12.00%, 2/15/31(1)
USD
        550
      581,733
TransDigm, Inc., 4.625%, 1/15/29
USD
     15,000
   14,715,603
Transocean International Ltd., 8.25%, 5/15/29(1)
USD
      3,810
    3,930,190
U.S. Foods, Inc., 4.75%, 2/15/29(1)
USD
      7,030
    6,933,026
UGI International LLC, 5.00%, 6/1/31(9)
EUR
      1,580
    1,861,115
Uniti Group LP/Uniti Group Finance 2019, Inc./CSL
Capital LLC: 
 
8.625%, 6/15/32(1)
USD
        556
      568,375
8.625%, 6/15/32(1)
USD
      6,350
    6,491,332
Uniti Services LLC, 7.50%, 10/15/33(1)
USD
      6,348
    6,493,179
Univision Communications, Inc.: 
 
8.50%, 7/31/31(1)
USD
      2,247
    2,243,655
8.875%, 4/15/33(1)
USD
        845
      818,784
9.375%, 8/1/32(1)
USD
      6,525
    6,522,091
Venture Global Calcasieu Pass LLC: 
 
3.875%, 11/1/33(1)
USD
      6,350
    5,574,468
6.00%, 5/1/36(1)
USD
      1,260
    1,245,900
Venture Global LNG, Inc.: 
 
6.625%, 6/15/36(1)
USD
      1,385
    1,358,191
9.00% to 9/30/29(1)(14)(15)
USD
      4,155
    4,140,977
9.875%, 2/1/32(1)
USD
      2,000
    2,130,286
 
 
Security
Principal
Amount
(000s omitted)
Value
United States (continued)
Versant Media Group, Inc., 7.25%, 1/30/31(1)
USD
      6,850
$    7,066,659
VoltaGrid LLC, 7.375%, 11/1/30(1)
USD
      9,530
    9,583,040
Voyager Parent LLC, 9.25%, 7/1/32(1)
USD
      8,419
    8,949,417
WBI Operating LLC: 
 
6.25%, 10/15/30(1)
USD
      2,540
    2,540,965
6.50%, 10/15/33(1)
USD
      4,450
    4,444,794
White Cap Supply Holdings LLC, 7.375%,
11/15/30(1)
USD
     10,000
   10,082,960
WS Escrow LLC, 7.75%, 6/1/33(1)
USD
      1,685
    1,744,416
WULF Compute LLC, 7.75%, 10/15/30(1)
USD
      7,000
    7,279,034
XPLR Infrastructure Operating Partners LP: 
 
7.25%, 1/15/29(1)
USD
      1,910
    1,970,839
8.375%, 1/15/31(1)
USD
      2,540
    2,700,825
8.625%, 3/15/33(1)
USD
      4,450
    4,756,805
Total Corporate Bonds
(identified cost $894,322,589)
 
$  886,263,071
 
Foreign Corporate Bonds — 5.6%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
Angola — 0.2%
Azule Energy Finance PLC: 
 
8.125%, 1/23/30(9)
USD
      7,007
$    7,117,522
8.125%, 1/23/30(1)
USD
      8,402
    8,534,526
8.625%, 1/22/33(9)
USD
      1,965
    2,010,369
8.625%, 1/22/33(1)
USD
      2,602
    2,662,076
Sonangol Finance Ltd., 10.00%, 1/29/31(9)
USD
      5,095
    5,215,059
 
 
$   25,539,552
Argentina — 0.2%
Banco Macro SA: 
 
8.00%, 6/23/29(9)
USD
        963
$      991,890
8.00%, 6/23/29(1)
USD
      4,267
    4,395,010
Empresa Distribuidora de Electricidad de Mendoza
SA, 9.75%, 6/11/33(1)
USD
     10,993
   10,599,670
Generacion Mediterranea SA/Central Termica Roca
SA: 
 
4.00%, 6/30/36(1)(12)
USD
        625
      257,810
7.50%, 12/31/34(1)
USD
      4,537
    3,667,132
23
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Argentina (continued)
IRSA Inversiones y Representaciones SA, 8.00%,
3/31/35(1)
USD
      3,497
$    3,625,509
Petroquimica Comodoro Rivadavia SA/Luz de Tres
Picos SA, 8.50%, 7/28/34(9)
USD
      1,040
    1,027,832
 
 
$   24,564,853
Armenia — 0.0%†
Ardshinbank CJSC Via Dilijan Finance BV, 6.60%,
1/22/31(9)
USD
      3,024
$    3,028,001
 
 
$    3,028,001
Austria — 0.0%†
Constantia Flexibles GmbH: 
 
6.25%, 7/15/32(1)
EUR
        895
$    1,037,084
6.25%, 7/15/32(9)
EUR
      2,380
    2,757,831
 
 
$    3,794,915
Brazil — 1.0%
Braskem Netherlands Finance BV: 
 
4.50%, 1/10/28(9)
USD
      2,164
$    1,224,175
4.50%, 1/31/30(9)
USD
     10,867
    5,916,104
7.25%, 2/13/33(9)
USD
      1,897
    1,026,751
8.00%, 10/15/34(9)
USD
      2,524
    1,370,885
8.50%, 1/12/31(9)
USD
      1,087
      625,688
12.004% to 10/24/30, 1/23/81(9)(15)
USD
      4,834
    1,426,030
Constellation Oil Services Holding SA: 
 
7.70%, 8/3/33(1)(13)
USD
      3,700
    3,727,750
9.375%, 11/7/29(9)
USD
        988
    1,043,328
9.375%, 11/7/29(1)
USD
      5,245
    5,538,720
CSN Inova Ventures, 6.75%, 1/28/28(9)
USD
      6,862
    5,757,939
CSN Resources SA: 
 
4.625%, 6/10/31(9)
USD
      2,649
    1,638,067
5.875%, 4/8/32(9)
USD
      4,403
    2,721,736
FS Luxembourg SARL, 8.125%, 2/11/36(1)
USD
     10,785
    9,833,493
Gol Finance, Inc.: 
 
14.375%, 6/6/30(9)
USD
      1,350
    1,304,438
14.375%, 6/6/30(1)
USD
      5,319
    5,139,484
InterCement Financial Operations BV, 6.50%,
6/15/31(9)(12)
USD
      1,637
    1,516,979
MC Brazil Downstream Trading SARL, 7.25%,
6/30/31(9)
USD
      9,134
    8,990,772
Movida Europe SA: 
 
9.70%, 10/11/33(9)
USD
      1,460
    1,377,510
9.70%, 10/11/33(1)
USD
     11,980
   11,303,130
MV24 Capital BV, 6.748%, 6/1/34(9)
USD
      3,174
    3,214,593
 
 
Security
Principal
Amount
(000's omitted)
Value
Brazil (continued)
Oceanica Lux, 11.25%, 5/8/31(1)
USD
     14,610
$   14,656,752
OHI Group SA: 
 
13.00%, 7/22/29(9)
USD
      3,354
    3,403,358
13.00%, 7/22/29(1)
USD
     10,441
   10,592,723
OI SA, 10.00%, (10.00% cash or 7.50% cash and
6.00% PIK), 6/30/27(1)(12)
USD
      3,657
    1,778,009
Raizen Fuels Finance SA: 
 
5.70%, 1/17/35(9)
USD
      6,671
    3,546,570
6.25%, 7/8/32(9)
USD
      1,081
      575,470
6.25%, 7/8/32(1)
USD
      7,037
    3,746,147
6.45%, 3/5/34(9)
USD
      2,635
    1,408,078
6.70%, 2/25/37(9)
USD
      8,105
    4,284,383
Samarco Mineracao SA, 9.00%, (4.00% cash and
5.00% PIK), 6/30/31(9)
USD
     19,800
   19,962,605
Unigel Luxembourg SA, 13.50%, (13.50% cash or
15.00% PIK), 12/31/27(9)(12)
USD
        310
       18,595
Vale SA, Series A6, 0.00%(14)(16)
BRL
     50,226
    3,913,758
Yinson Boronia Production BV: 
 
8.947%, 7/31/42(9)
USD
      1,883
    2,076,932
8.947%, 7/31/42(1)
USD
      2,660
    2,933,759
 
 
$  147,594,711
Canada — 0.2%
1011778 BC ULC/New Red Finance, Inc.: 
 
3.875%, 1/15/28(1)
USD
     15,891
$   15,580,131
4.375%, 1/15/28(1)
USD
      2,000
    1,972,798
Aris Gold Corp., 7.50%, 8/26/27
USD
        750
      755,288
New Flyer Holdings, Inc., 9.25%, 7/1/30(1)
USD
      5,080
    5,441,721
Polaris Renewable Energy, Inc., 9.50%, 12/3/29
USD
      3,125
    3,281,250
Toucan FinCo Ltd./Toucan FinCo Can, Inc./Toucan
FinCo U.S. LLC: 
 
8.25%, 5/15/30(9)
EUR
      1,000
    1,032,964
9.50%, 5/15/30(1)
USD
        939
      849,057
 
 
$   28,913,209
China — 0.1%
Kaisa Group Holdings Ltd.: 
 
6.25%, (5.25% cash or 6.25% PIK),
12/28/28(1)(12)
USD
         49
$          857
6.50%, (5.50% cash or 6.50% PIK),
12/28/29(1)(12)
USD
         82
        1,436
6.75%, (5.75% cash or 6.75% PIK),
12/28/30(1)(12)
USD
         99
        1,486
7.00%, (6.00% cash or 7.00% PIK),
12/28/31(1)(12)
USD
        149
        2,521
7.25%, (6.25% cash or 7.25% PIK),
12/28/32(1)(12)
USD
        141
        2,111
24
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
China (continued)
Kaisa Group Holdings Ltd.: (continued)
 
7.721%, (6.72% cash or 7.721% PIK),
12/28/28(1)(12)
USD
         33
$          627
KWG Group Holdings Ltd., 7.875%, 8/30/24(17)
USD
        519
       16,219
Longfor Group Holdings Ltd.: 
 
3.375%, 4/13/27(9)
USD
      1,943
    1,874,220
3.95%, 9/16/29(9)
USD
     10,420
    8,794,311
4.50%, 1/16/28(9)
USD
      1,915
    1,790,055
Shimao Group Holdings Ltd.: 
 
2.00%, (2.00% cash or 3.00% PIK),
7/21/32(1)(12)
USD
        485
       10,372
2.00%, (2.00% cash or 3.00% PIK),
7/21/33(1)(12)
USD
        728
        9,097
2.00%, (2.00% cash or 3.00% PIK),
1/21/34(1)(12)
USD
        728
        9,097
5.95%, (0.05% cash and 5.90% PIK),
7/21/31(1)
USD
      2,730
       37,533
Times China Holdings Ltd.: 
 
4.00%, (1.00% cash and 3.00% PIK),
3/30/29(1)
USD
        282
        8,101
4.20%, (0.00% cash and 4.20% PIK),
9/30/32(1)
USD
      1,051
       24,965
 
 
$   12,583,008
Colombia — 0.2%
ABRA Global Finance, 14.00%, (6.00% cash and
8.00% PIK), 10/22/29(1)
USD
      6,009
$    5,904,552
Banco Davivienda SA: 
 
6.65% to 4/22/31(9)(14)(15)
USD
     10,535
    9,827,308
8.125% to 7/2/30, 7/2/35(9)(15)
USD
        920
      945,760
8.125% to 7/2/30, 7/2/35(1)(15)
USD
      6,519
    6,701,532
Banco de Occidente SA, 10.875% to 5/13/29,
8/13/34(9)(15)
USD
      5,797
    6,396,990
 
 
$   29,776,142
Dominican Republic — 0.0%†
AES Espana BV, 7.75%, 8/3/33(1)(13)
USD
      2,504
$    2,517,383
 
 
$    2,517,383
France — 0.1%
Banijay Gaming SAS, 5.125%, 12/10/31(9)
EUR
      6,230
$    7,282,215
Egis SA, 5.125%, 5/15/31(9)
EUR
      2,700
    3,168,390
Eutelsat SA, 1.50%, 10/13/28(9)
EUR
      3,600
    4,000,679
HomeVi SASU: 
 
6.625%, 10/31/31(9)
EUR
      1,050
    1,223,282
6.625%, 10/31/31(1)
EUR
      1,110
    1,293,183
 
 
$   16,967,749
 
 
Security
Principal
Amount
(000's omitted)
Value
Georgia — 0.1%
Bank of Georgia JSC: 
 
9.50% to 7/16/29(1)(14)(15)
USD
        200
$      210,809
9.50% to 7/16/29(9)(14)(15)
USD
      9,577
   10,094,559
TBC Bank Group PLC, 22.00%, 6/5/28(1)
UZS
 16,650,000
    1,399,080
TBC Bank JSC: 
 
8.894% to 11/6/26(9)(14)(15)
USD
      3,481
    3,513,396
10.25% to 7/30/29(9)(14)(15)
USD
      6,004
    6,451,948
 
 
$   21,669,792
Germany — 0.1%
alstria SARL, 4.25%, 10/15/29(9)
EUR
      2,400
$    2,711,560
Cerdia Finanz GmbH, 9.375%, 10/3/31(1)
USD
      5,080
    4,517,441
Dynamo Newco II GmbH, 6.25%, 10/15/31(9)
EUR
      3,273
    3,526,435
HT Troplast GmbH, 7.625%, 7/15/31(9)
EUR
      1,500
    1,747,801
IHO Verwaltungs GmbH: 
 
5.625%, (5.625% cash or 6.375% PIK),
5/15/31(9)(12)
EUR
        670
      805,706
7.375%, (7.375% cash or 8.125% PIK),
5/15/33(1)(12)
USD
        425
      440,838
7.75%, (7.75% cash or 8.50% PIK),
11/15/30(1)(12)
USD
      1,000
    1,039,801
 
 
$   14,789,582
Ghana — 0.0%†
Tullow Holdco 2 Ltd., 15.00%, (12.00% cash and
3.00% PIK), 11/15/28(9)
USD
      4,240
$    4,351,069
 
 
$    4,351,069
Greece — 0.1%
Aktor SA Holding Co. Technical & Energy Projects,
7.875%, 8/3/31(9)(13)
EUR
      8,844
$   10,186,219
Intralot Capital Luxembourg SA, 6.75%,
10/15/31(9)
EUR
      3,890
    4,566,484
Piraeus Bank SA, 6.125% to 10/15/32(9)(14)(15)
EUR
      3,128
    3,593,877
 
 
$   18,346,580
Guyana — 0.0%†
Secure International Finance Co., Inc.: 
 
10.00%, 6/3/29(1)
USD
      1,059
$    1,064,118
10.00%, 6/3/29(9)
USD
      2,281
    2,292,109
 
 
$    3,356,227
Hong Kong — 0.0%†
Li & Fung Ltd., 8.375%, 2/5/29(9)
USD
      1,600
$    1,632,096
25
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Hong Kong (continued)
Yuexiu REIT MTN Co. Ltd., 6.50%, 2/12/29(9)
USD
      1,798
$    1,834,109
 
 
$    3,466,205
Hungary — 0.0%†
MBH Bank Nyrt, 5.25% to 1/29/29, 1/29/30(9)(15)
EUR
      3,101
$    3,590,948
 
 
$    3,590,948
Iceland — 0.0%
Wow Air Hf., 0.00%, (3 mo. EURIBOR +
9.00%)(10)(14)(17)
EUR
        920
$            0
 
 
$            0
India — 0.1%
ICICI Bank Ltd./IFSC, 5.459%, 7/30/31(1)
USD
      3,901
$    3,921,175
Porteast Investment Pvt Ltd., 0.00%, 5/29/28
INR
    730,000
    9,582,536
 
 
$   13,503,711
Indonesia — 0.0%†
Nickel Industries Ltd., 9.00%, 9/30/30(1)
USD
      1,010
$    1,030,926
Pakuwon Jati Tbk. PT, 4.875%, 4/29/28(9)
USD
      1,520
    1,483,800
 
 
$    2,514,726
Ireland — 0.1%
Phoenix Aviation Capital Ltd., 9.25%, 7/15/30(1)
USD
      7,630
$    7,905,954
 
 
$    7,905,954
Italy — 0.1%
CEME SpA, 6.791%, (3 mo. EURIBOR + 4.50%),
9/30/31(2)(9)
EUR
        370
$      419,197
FIS Fabbrica Italiana Sintetici SpA: 
 
5.25%, 2/5/31(1)
EUR
      2,500
    2,906,727
5.25%, 2/5/31(9)
EUR
      3,100
    3,604,342
5.399%, (3 mo. EURIBOR + 3.25%),
2/5/31(1)(2)
EUR
        180
      209,650
5.399%, (3 mo. EURIBOR + 3.25%),
2/5/31(2)(9)
EUR
        555
      646,421
Infrastrutture Wireless Italiane SpA: 
 
1.75%, 4/19/31(9)
EUR
      1,285
    1,331,842
3.625%, 10/13/32(9)
EUR
      1,215
    1,320,060
La Doria SpA, 5.82%, (3 mo. EURIBOR +
3.375%), 12/30/30(2)(9)
EUR
      1,400
    1,632,045
TeamSystem SpA: 
 
6.50%, 7/1/32(1)
EUR
        845
      968,475
6.50%, 7/1/32(9)
EUR
      2,705
    3,100,267
 
 
$   16,139,026
 
 
Security
Principal
Amount
(000's omitted)
Value
Jamaica — 0.1%
Digicel International Finance Ltd./Difl U.S. LLC: 
 
8.625%, 8/1/32(9)
USD
        302
$      312,062
8.625%, 8/1/32(1)
USD
      2,152
    2,223,698
NCB Financial Group Ltd., 11.00%, 7/31/30(1)
USD
      7,070
    7,489,887
 
 
$   10,025,647
Kazakhstan — 0.2%
Bank RBK JSC, 7.70%, 5/19/31(9)
USD
     10,856
$   10,701,391
ForteBank JSC: 
 
7.75%, 2/4/30(1)
USD
      6,910
    7,089,280
9.75% to 11/3/30(9)(14)(15)
USD
      8,957
    9,262,576
 
 
$   27,053,247
Kyrgyzstan — 0.1%
Eldik Bank OAO, 8.50%, 4/23/31(9)
USD
      7,280
$    7,267,778
 
 
$    7,267,778
Luxembourg — 0.3%
Aegis Lux 1a SARL, 5.625%, 10/29/31(9)
EUR
      4,640
$    5,435,689
Alexandrite Lake Lux Holdings SARL: 
 
6.75%, 7/30/30(1)
EUR
      1,000
    1,163,569
6.75%, 7/30/30(9)
EUR
      4,000
    4,654,274
Currenta Group Holdings SARL, 6.283%, (3 mo.
EURIBOR + 4.00%), 5/15/32(2)(9)
EUR
      4,640
    5,384,110
Essendi SA, 6.375%, 10/15/29(9)
EUR
      3,690
    4,414,560
FORESEA Holding SA, 7.50%, 6/15/30(9)
USD
      3,523
    3,500,134
INEOS Finance PLC: 
 
7.25%, 3/31/31(9)
EUR
      2,120
    2,297,675
7.875%, 11/15/31(9)
EUR
      1,500
    1,649,887
J&F Luxembourg Finance SARL, 8.50%, 12/1/32(1)
USD
     10,177
   10,164,279
LHMC Finco 2 SARL: 
 
8.625%, (8.625% cash or 9.375% PIK),
5/15/30(1)(12)
EUR
      1,582
    1,886,561
8.625%, (8.625% cash or 9.375% PIK),
5/15/30(9)(12)
EUR
      3,468
    4,135,366
 
 
$   44,686,104
Malaysia — 0.0%†
RED Cap Funding Ltd., 9.70% to 3/10/27,
9/10/27(3)(9)
USD
      5,056
$    5,167,586
 
 
$    5,167,586
Mexico — 0.4%
Alpha Holding SA de CV: 
 
9.00%, 2/10/25(9)(17)
USD
      2,654
$       23,884
26
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Mexico (continued)
Alpha Holding SA de CV: (continued)
 
10.00%, 12/19/22(9)(17)
USD
      1,440
$       12,958
Banca Mifel SA, 9.25% to 5/14/31(1)(14)(15)
USD
      7,290
    7,356,521
Banco Mercantil del Norte SA: 
 
5.875% to 1/24/27(9)(14)(15)
USD
        736
      733,165
8.00% to 1/24/33(1)(14)(15)
USD
      3,565
    3,564,109
8.45% to 6/24/36(1)(14)(15)
USD
      3,776
    3,776,000
BBVA Mexico SA Institucion De Banca Multiple
Grupo Financiero BBVA Mexico: 
 
8.45% to 6/29/33, 6/29/38(9)(15)
USD
      1,486
    1,593,613
8.45% to 6/29/33, 6/29/38(1)(15)
USD
      1,771
    1,899,252
Braskem Idesa SAPI: 
 
6.99%, 2/20/32(9)(17)
USD
      7,187
    4,719,056
7.45%, 11/15/29(9)(17)
USD
      2,952
    1,960,010
Controladora Mabe SA de CV, 5.60%, 10/23/28(9)
USD
      2,287
    2,079,535
Fideicomiso Irrevocable de Administracion y Fuente
de Pago Numero CIB: 
 
13.00% to 9/12/27, (11.00% cash and 2.00%
PIK), 9/12/30(9)(17)
USD
      6,229
    2,701,699
13.00% to 9/12/27, (11.00% cash and 2.00%
PIK), 9/12/31(1)(17)
USD
      1,693
      734,339
Financiera Independencia SAB de CV SOFOM ENR,
12.00%, 3/1/28(9)
USD
      1,121
    1,123,802
Grupo Aeromexico SAB de CV: 
 
8.625%, 11/15/31(9)
USD
      2,656
    2,682,560
8.625%, 11/15/31(1)
USD
      6,345
    6,408,450
Orbia Advance Corp. SAB de CV: 
 
6.80%, 5/13/30(9)
USD
      1,562
    1,561,360
7.50%, 5/13/35(9)
USD
      1,962
    1,983,682
Petroleos Mexicanos, 6.84%, 1/23/30
USD
      8,000
    8,126,160
 
 
$   53,040,155
Mongolia — 0.1%
Golomt Bank, 7.95%, 5/14/29(9)
USD
      8,613
$    8,647,369
Mongolian Mining Corp., 8.44%, 4/3/30(9)
USD
      3,327
    3,394,046
State Bank JSC, 8.90%, 9/25/28(9)
USD
      6,640
    6,668,761
 
 
$   18,710,176
Netherlands — 0.1%
Sampa Finance & Investment BV, 9.50%, 7/7/31(9)
EUR
      5,876
$    6,706,527
 
 
$    6,706,527
Nigeria — 0.2%
Access Bank PLC, 6.125%, 9/21/26(9)
USD
      6,696
$    6,697,521
 
 
Security
Principal
Amount
(000's omitted)
Value
Nigeria (continued)
Dangote Fertiliser Ltd., 7.75%, 5/5/31(9)
USD
     14,286
$   14,369,795
Dangote Petroleum Refinery & Petrochemicals FZE,
7.50%, 7/16/31(9)
USD
      3,628
    3,622,547
 
 
$   24,689,863
Pakistan — 0.0%†
Veon Midco BV, 3.375%, 11/25/27(9)
USD
        571
$      555,583
 
 
$      555,583
Paraguay — 0.0%†
Frigorifico Concepcion SA: 
 
7.70%, 7/21/28(1)
USD
        907
$      123,352
7.70%, 7/21/28(9)
USD
        914
      124,304
Ueno Bank SA, 6.70%, 3/6/31(9)
USD
        207
      190,289
 
 
$      437,945
Peru — 0.1%
Auna SA: 
 
10.00%, 12/18/29(9)
USD
      3,516
$    3,722,632
10.00%, 12/18/29(1)
USD
      5,370
    5,685,607
Integratel Peru SAA, 7.375%, 4/10/27(9)(17)
PEN
      4,500
      503,163
 
 
$    9,911,402
Russia — 0.0%
Tinkoff Bank JSC Via TCS Finance Ltd., 6.00% to
12/20/26(9)(10)(14)(15)(17)
USD
      1,226
$            0
 
 
$            0
Slovenia — 0.0%†
Summer BidCo BV: 
 
8.875% PIK, 1/31/31(1)
EUR
        483
$      572,182
8.875% PIK, 1/31/31(9)
EUR
      1,902
    2,252,205
United Group BV, 6.50%, 10/31/31(9)
EUR
      2,220
    2,624,772
 
 
$    5,449,159
South Africa — 0.1%
Sasol Financing USA LLC, 8.75%, 4/10/33(9)
USD
      8,674
$    9,071,052
 
 
$    9,071,052
Spain — 0.0%†
Atlantica Sustainable Infrastructure PLC, 4.125%,
6/15/28(1)
USD
      2,000
$    1,970,532
27
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Spain (continued)
Molins Finance SA, 5.50%, 6/15/33(9)
EUR
      1,465
$    1,753,586
OHL Operaciones SA, 9.75%, (5.10% cash and
4.65% PIK), 12/31/29(9)
EUR
      2,042
    2,228,054
 
 
$    5,952,172
Switzerland — 0.1%
VistaJet Malta Finance PLC/Vista Management
Holding, Inc.: 
 
6.375%, 2/1/30(1)
USD
      3,615
$    3,414,563
9.50%, 6/1/28(1)
USD
      3,810
    3,872,576
 
 
$    7,287,139
Togo — 0.0%†
Ecobank Transnational, Inc., 10.125%, 10/15/29(1)
USD
      1,504
$    1,664,337
 
 
$    1,664,337
Turkey — 0.2%
Akbank TAS: 
 
8.25% to 9/8/31, 12/8/36(9)(15)
USD
      3,308
$    3,317,046
9.369% to 3/14/29(9)(14)(15)
USD
      5,527
    5,613,271
Guermat Elektrik Ueretim AS, 10.748%, 5/21/35(9)
USD
      7,440
    7,362,608
Limak Iskenderun Uluslararasi Liman Isletmeciligi
AS, 9.50%, 7/10/36(9)
USD
      3,556
    3,604,411
Limak Yenilenebilir Enerji AS: 
 
9.625%, 8/12/30(9)
USD
      2,024
    1,998,413
9.625%, 8/12/30(1)
USD
      2,400
    2,369,660
Turkiye Garanti Bankasi AS, 8.125% to 10/8/30,
1/8/36(9)(15)
USD
      2,805
    2,824,393
Turkiye Is Bankasi AS, 8.40% to 4/23/33,
7/23/38(9)(15)
USD
      8,906
    8,829,087
WE Soda Investments Holding PLC, 9.50%,
10/6/28(9)
USD
        739
      743,825
 
 
$   36,662,714
Ukraine — 0.1%
Kernel Holding SA, 6.75%, 10/27/27(9)
USD
     10,116
$    9,888,779
MHP Lux SA: 
 
6.25%, 9/19/29(1)
USD
        415
      388,361
6.25%, 9/19/29(9)
USD
      3,272
    3,061,966
10.50%, 7/28/29(9)
USD
      4,102
    4,270,115
 
 
$   17,609,221
United Arab Emirates — 0.0%†
Alpha Star Holding IX Ltd., 7.00%, 8/26/28(9)
USD
        484
$      473,424
 
 
Security
Principal
Amount
(000's omitted)
Value
United Arab Emirates (continued)
Alpha Star Holding VIII Ltd., 8.375%, 4/12/27(9)
USD
        626
$      627,207
Alpha Star Holding X Ltd., 6.125%, 8/5/29(9)
USD
      2,233
    2,119,325
 
 
$    3,219,956
United Kingdom — 0.5%
Alexandrite Monnet U.K. Holdco PLC, 6.875%,
5/31/31(9)
EUR
      2,640
$    3,099,828
Allwyn Entertainment Financing U.K. PLC: 
 
4.625%, 8/15/31(9)
EUR
        900
    1,029,640
4.625%, 8/15/31(1)
EUR
      3,360
    3,843,989
Avianca Midco 2 PLC: 
 
9.50%, 1/28/31(1)
USD
      1,504
    1,408,485
9.625%, 2/14/30(9)
USD
      1,620
    1,566,313
9.625%, 2/14/30(1)
USD
      2,515
    2,431,653
B&M European Value Retail PLC, 4.00%,
11/15/28(9)
GBP
      2,800
    3,707,088
Biffa Group Holdings Ltd.: 
 
5.25%, 6/15/31(9)
EUR
      2,315
    2,655,960
7.375%, 6/15/31(9)
GBP
      5,030
    6,827,312
Boots Group Finco LP: 
 
5.375%, 8/31/32(9)
EUR
      1,520
    1,792,326
7.375%, 8/31/32(9)
GBP
      3,180
    4,390,013
California Buyer Ltd./Atlantica Sustainable
Infrastructure PLC, 6.375%, 2/15/32(1)
USD
      2,100
    2,072,130
CD&R Firefly Bidco PLC, 8.625%, 4/30/29(9)
GBP
      3,000
    4,169,343
CPUK Finance Ltd., 6.875%, 8/28/32(9)
GBP
      4,960
    6,735,082
Edge Finco PLC, 8.125%, 8/15/31(9)
GBP
      6,290
    8,827,506
Froneri Lux FinCo SARL, 4.75%, 8/1/32(9)
EUR
      3,430
    3,844,352
Global Auto Holdings Ltd./AAG FH U.K. Ltd.,
8.375%, 1/15/29(1)
USD
        800
      794,393
NES Fircroft Bondco AS, 10.00%, 8/13/31(9)(13)
USD
      3,000
    3,044,115
Nomad Foods Bondco PLC, 5.25%, 7/15/33(9)
EUR
      3,150
    3,631,155
Ocado Group PLC, 11.00%, 6/15/30(9)
GBP
        775
    1,091,552
Sherwood Financing PLC, 7.625%, 12/15/29(9)
EUR
      2,800
    3,293,970
Virgin Media Secured Finance PLC, 4.125%,
8/15/30(9)
GBP
      4,930
    5,620,483
Zegona Finance PLC, 4.25%, 1/15/32(9)
EUR
      1,850
    2,121,165
 
 
$   77,997,853
Uzbekistan — 0.1%
Aloqabank JSC, 7.70%, 5/18/31(9)
USD
      5,520
$    5,501,487
Heritage Lending Group BV, 19.50%, 5/5/29
UZS
 16,857,000
    1,411,237
Ipoteka-Bank ATIB: 
 
17.50%, 10/9/28(9)
UZS
 19,980,000
    1,723,532
20.50%, 4/25/27(9)
UZS
 51,340,000
    4,455,858
28
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Uzbekistan (continued)
JSCB Agrobank, 20.75%, 9/15/28
UZS
 13,770,000
$    1,221,582
Uzbek Industrial & Construction Bank ATB, 9.45%
to 10/23/30(9)(14)(15)
USD
      6,970
    7,243,383
 
 
$   21,557,079
Venezuela — 0.3%
Petroleos de Venezuela SA: 
 
5.375%, 4/12/27(9)(17)
USD
      3,636
$    1,334,412
5.50%, 4/12/37(9)(17)
USD
        109
       40,145
6.00%, 10/28/22(9)(17)
USD
     11,888
    4,338,958
6.00%, 5/16/24(9)(17)
USD
     20,537
    7,749,996
6.00%, 11/15/26(9)(17)
USD
     46,483
   17,617,024
9.00%, 11/17/21(9)(17)
USD
      2,526
    1,095,948
9.75%, 5/17/35(9)(17)
USD
      2,154
      980,919
12.75%, 2/17/22(9)(17)
USD
     13,240
    6,586,751
 
 
$   39,744,153
Total Foreign Corporate Bonds
(identified cost $837,526,934)
 
$  839,380,191
 
Government National Mortgage Association Participation Agreements —
1.3%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
Government National Mortgage Association
Participation Agreements, 5.481%, 1/1/59(18)
$
    143,386
$  144,033,559
Government National Mortgage Association
Participation Agreements, Mezzanine Tranche,
7.831%, 9/10/27(18)
 
     56,073
   56,528,311
Total Government National Mortgage Association
Participation Agreements
(identified cost $199,459,669)
 
$  200,561,870
 
Insurance Linked Securities — 3.7%
 
Security
Shares
Value
Reinsurance Side Cars — 2.0%
 
Beacon RE(8)(10)(19)(20)
 
 27,008,881
$   27,524,751
Beacon RE(8)(10)(19)(20)
 
 32,491,119
   32,491,119
Eden Re II Ltd.: 
 
Series 2023A, 0.00%, 3/19/27(1)(10)(20)
 
    257,143
      694,954
Series 2023B, 0.00%, 3/19/27(1)(10)(20)
 
     31,162
      472,596
Series 2024A, 0.00%, 3/17/28(1)(10)(20)
 
     81,053
      224,467
Series 2024B, 0.00%, 3/17/28(1)(10)(20)
 
     64,938
      968,515
Security
Shares
Value
Reinsurance Side Cars (continued)
 
Eden Re II Ltd.: (continued)
 
Series 2025A, 0.00%, 3/19/30(1)(10)(20)
 
    174,419
$    4,282,413
George Street RE(8)(10)(20)
 
        992
   63,666,068
Mt. Logan Re Ltd.: 
 
Participating Units(8)(10)(19)(20)
 
 38,000,000
   41,948,200
Series 13, Participating Units(10)(11)(20)
 
     10,000
   39,598,553
Series 17, Participating Units(8)(10)(11)(20)
 
        860
    3,360,740
Series 19, Participating Units(8)(10)(11)(20)
 
      7,464
   17,763,930
PartnerRe Ltd.(8)(10)(20)
 
         67
   72,474,643
 
 
$  305,470,949
Segregated Account/Funds — 1.7%
 
1863 Fund Ltd. - Core Nat Cat Fund(8)(10)(20)
 
 80,048,206
$  110,682,655
PartnerRe ILS Fund SAC Ltd.(8)(10)(11)(20)
 
 34,000,000
   49,640,000
Voussoir Re Ltd.(8)(10)(20)
 
      7,480
   10,759,099
Jaffa Capital Fund(8)(10)(19)(20)
 
    330,000
   33,135,300
Voussoir Re Ltd.(8)(10)(20)
 
     41,584
   56,044,864
 
 
$  260,261,918
Total Insurance Linked Securities
(identified cost $470,722,288)
 
$  565,732,867
 
Preferred Stocks — 0.2%
 
 
 
Security
Principal
Amount/
Shares
Value
Puerto Rico — 0.0%†
Liberty Latin America Ltd., Series A, 9.00%
 
     38,500
$      779,240
 
 
$      779,240
United States — 0.2%
AH Parent, Inc. (Alliant), Series A, 10.00% cash or
10.50% PIK(8)(11)(12)
$
  8,224,000
$    8,243,614
Alphabet, Inc.: 
 
Series A, 6.25%
 
     17,650
      885,324
Series B, 6.25%
 
     17,650
      886,030
Boeing Co., 6.00%
 
     52,000
    3,474,120
Hewlett Packard Enterprise Co., 7.625%
 
     51,000
    6,351,030
Oracle Corp., 6.50%
 
     44,000
    1,839,200
PG&E Corp., Series A, 6.00%
 
     58,000
    2,459,780
 
 
$   24,139,098
Total Preferred Stocks
(identified cost $21,125,917)
 
$   24,918,338
 
29
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Senior Floating-Rate Loans — 1.3%(21)
 
 
 
Borrower/Description
Principal
Amount*
(000’s omitted)
Value
Argentina — 0.1%
VMOS SA: 
 
Term Loan, 9.338% - 9.342%, (6 mo. USD Term
SOFR + 5.50%), 7/8/30
 
     13,708
$   14,104,086
Term Loan, 7/8/30(22)
 
      4,282
    4,281,620
 
 
$   18,385,706
Brazil — 0.1%
Usina Caete SA, Term Loan, 10.49%, (3 mo. USD
Term SOFR + 5.50%), 5/31/28
 
     10,125
$   10,125,000
 
 
$   10,125,000
Canada — 0.1%
ABC Technologies, Inc.: 
 
Term Loan, 8.316%, (1 mo. EURIBOR +
6.13%), 8/22/31(10)
EUR
      3,573
    3,992,898
Term Loan, 9.731% - 9.732%, (1 mo. USD Term
SOFR + 6.00%, 3 mo. USD Term SOFR +
6.00%), 8/22/31(10)
 
      6,002
$    5,816,435
Term Loan, 11.981% - 11.982%, (1 mo. USD
Term SOFR + 8.25%, 3 mo. USD Term SOFR
+ 8.25%), 8/22/31(10)
 
      7,302
    7,148,961
 
 
$   16,958,294
Jamaica — 0.0%†
Digicel International Finance Ltd.: 
 
Term Loan, 8.232%, (3 mo. USD Term SOFR +
4.50%), 8/6/32
 
      3,357
$    3,384,012
Term Loan, 8/6/32(23)
 
        881
      887,699
 
 
$    4,271,711
Luxembourg — 0.0%†
INEOS Finance PLC, Term Loan, 6/25/32(23)
 
      5,000
$    4,650,000
INEOS U.S. Finance LLC, Term Loan, 6.981%,
(1 mo. USD Term SOFR + 3.25%), 2/18/30
 
      1,383
    1,314,250
 
 
$    5,964,250
Paraguay — 0.0%†
Frigorifico Concepcion SA, Term Loan, 9.326%,
(3 mo. USD Term SOFR + 5.50%), 12/8/26
 
      2,323
$      315,930
 
 
$      315,930
 
 
Borrower/Description
Principal
Amount*
(000’s omitted)
Value
Puerto Rico — 0.0%†
Coral-US Co-Borrower LLC, Term Loan, 7.003%,
(3 mo. USD Term SOFR + 3.25%), 1/31/32
 
      5,892
$    5,776,330
 
 
$    5,776,330
Singapore — 0.1%
HGDC Holdings Ltd., Term Loan, 8.582%, (3 mo.
USD Term SOFR + 4.85%), 3/31/29
 
     10,690
$   10,720,830
Princeton Digital Group Ltd.: 
 
Term Loan, 8.393%, (3 mo. USD Term SOFR +
4.65%), 5/6/29
 
      5,029
    5,010,468
Term Loan, 9.153%, (3 mo. USD Term SOFR +
5.50%), 12/1/26
 
      2,011
    2,011,429
 
 
$   17,742,727
Suriname — 0.4%
Staatsolie Maatschappij Suriname NV: 
 
Revolving Loan, 4/26/32(22)
 
     47,054
$   47,053,511
Term Loan, 9.31% - 9.413%, (3 mo. USD Term
SOFR + 5.50%), 5/24/32
 
      5,346
    5,445,003
 
 
$   52,498,514
Tanzania — 0.0%†
PIH Communication LLC, Term Loan, 7.177%,
(3 mo. USD Term SOFR + 3.50%), 12/12/29
 
      5,457
$    5,448,450
 
 
$    5,448,450
United States — 0.4%
Asurion LLC, Term Loan, 7.573%, (3 mo. USD Term
SOFR + 3.75%), 2/23/33
 
      1,524
$    1,431,388
Bausch Health Cos., Inc., Term Loan, 10/8/30(23)
 
      1,000
      972,725
Clydesdale Acquisition Holdings, Inc., Term Loan,
6.906%, (1 mo. USD Term SOFR + 3.18%),
4/13/29
 
      1,125
    1,100,672
Coreweave Financing DDTL V LLC, Term Loan,
8.12% - 8.14%, (1 mo. USD Term SOFR +
4.50%), 11/17/31
 
      2,033
    2,034,459
CP Atlas Buyer, Inc., Term Loan, 8.981%, (1 mo.
USD Term SOFR + 5.25%), 7/8/30
 
      6,318
    5,512,635
Crash Champions LLC, Term Loan, 8.416%, (3 mo.
USD Term SOFR + 4.75%), 2/23/29
 
      6,455
    6,292,955
E.W. Scripps Co., Term Loan, 7.132%, (1 mo. USD
Term SOFR + 3.35%), 11/30/29
 
      8,351
    8,049,541
LBM Acquisition LLC, Term Loan, 7.574%, (1 mo.
USD Term SOFR + 3.75%), 6/6/31
 
      6,995
    5,623,153
Men's Wearhouse, Inc., Term Loan, 9.414%,
(3 mo. USD Term SOFR + 5.75%), 1/28/31
 
      1,684
    1,700,695
Oak-Eagle AcquireCo, Inc., Term Loan, 8/4/33(23)
 
      2,000
    2,014,630
30
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Borrower/Description
Principal
Amount*
(000’s omitted)
Value
United States (continued)
Park River Holdings, Inc., Term Loan, 8.225%,
(3 mo. USD Term SOFR + 4.50%), 3/15/31
 
      5,055
$    5,063,825
Peninsula Pacific Entertainment LLC, Term Loan,
8.596%, (6 mo. USD Term SOFR + 4.75%),
10/1/32
 
      1,145
    1,151,446
Proofpoint, Inc., Term Loan, 8/30/30(23)
 
        654
      643,168
Specialty Building Products Holdings LLC, Term
Loan, 7.581%, (1 mo. USD Term SOFR +
3.75%), 10/16/28
 
      3,964
    3,712,334
Sword Purchaser LLC, Term Loan, 7.731%, (1 mo.
USD Term SOFR + 4.00%), 4/11/33
 
      5,000
    4,829,475
Venture Global Calcasieu Pass LLC, Term Loan,
6.954%, (6 mo. USD Term SOFR + 3.25%),
4/11/33
 
      1,133
    1,142,532
Worthington Steel, Inc., Term Loan, 6/1/33(23)
 
      1,585
    1,593,123
 
 
$   52,868,756
Uzbekistan — 0.1%
Joint Stock Commercial Bank Agrobank, Term Loan,
17.25%, 7/21/28(24)
UZS
  8,880,000
      743,303
JSCB Agrobank, Term Loan, 5.908%, (3 mo.
EURIBOR + 3.50%), 12/21/26(10)
EUR
     10,000
   11,531,498
 
 
$   12,274,801
Total Senior Floating-Rate Loans
(identified cost $205,532,345)
 
$  202,630,469
 
Sovereign Government Bonds — 13.9%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
Argentina — 0.2%
Argentina Bonar Bonds, 0.75% to 7/9/27,
7/9/30(3)
USD
     24,000
$   13,101,360
Argentina Republic Government International
Bonds: 
 
3.50% to 7/9/29, 7/9/41(3)
USD
      5,000
    3,707,500
4.125% to 7/9/27, 7/9/35(3)
USD
      4,500
    3,568,500
6.055%, 12/15/35(4)
EUR
     15,340
    2,323,719
Province of Santa Fe, 8.10%, 12/11/34(9)
USD
      2,152
    2,152,000
Provincia de Cordoba, 9.75%, 7/2/32(9)
USD
      4,000
    4,281,000
Provincia del Chubut Argentina, 9.45%, 4/29/36(9)
USD
      4,000
    4,266,880
 
 
$   33,400,959
Brazil — 4.1%
Brazil Letras do Tesouro Nacional, 0.00%, 10/1/26
BRL
  3,122,700
$  602,581,767
 
 
Security
Principal
Amount
(000's omitted)
Value
Brazil (continued)
Brazil Notas do Tesouro Nacional, 6.00%,
5/15/35(25)
BRL
     19,465
$   16,103,157
 
 
$  618,684,924
Colombia — 2.2%
Colombia TES: 
 
6.50%, 1/22/31
COP
 74,323,857
$   23,775,152
7.25%, 10/18/34
COP
 83,117,000
   19,856,272
11.75%, 1/24/35
COP
287,497,200
   89,093,543
12.50%, 2/27/30
COP
533,048,400
  168,481,326
13.25%, 2/9/33
COP
 71,821,300
   23,771,455
 
 
$  324,977,748
Hungary — 0.1%
Hungary Government Bonds, 7.00%, 10/24/35
HUF
  4,706,560
$   16,394,644
 
 
$   16,394,644
Iceland — 0.1%
Republic of Iceland: 
 
4.50%, 2/17/42
ISK
  1,145,294
$    7,260,027
6.50%, 1/24/31
ISK
     45,514
      354,387
7.00%, 9/17/35
ISK
    384,686
    3,104,262
 
 
$   10,718,676
Kazakhstan — 0.2%
Kazakhstan Government Bonds: 
 
5.00%, 4/18/28
KZT
     93,325
$      167,514
7.90%, 12/20/38
KZT
    623,606
      861,815
10.55%, 7/28/29
KZT
    185,948
      353,723
14.00%, 5/12/31
KZT
    265,171
      541,399
14.00%, 2/13/35
KZT
    182,343
      382,992
14.10%, 5/22/38
KZT
  8,376,819
   17,756,138
14.45%, 6/5/33
KZT
     43,565
       94,058
14.94%, 6/18/31
KZT
  1,559,016
    3,364,815
15.10%, 3/12/34
KZT
  4,165,610
    9,216,887
15.18%, 2/5/32
KZT
  1,247,212
    2,716,497
16.95%, 10/9/30
KZT
    309,913
      703,960
 
 
$   36,159,798
Kenya — 0.0%†
Republic of Kenya Government International
Bonds: 
 
8.25%, 2/28/48(9)
USD
        515
$      480,871
8.70%, 2/26/39(9)
USD
      2,236
    2,154,753
8.80%, 10/9/38(9)
USD
        640
      624,553
31
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
Kenya (continued)
Republic of Kenya Government International
Bonds: (continued)
 
9.50%, 3/5/36(9)
USD
        534
$      551,631
 
 
$    3,811,808
Mexico — 2.0%
Mexican Bonos, 8.00%, 2/21/36
MXN
  5,586,000
$  298,691,914
 
 
$  298,691,914
New Zealand — 1.9%
New Zealand Government Bonds: 
 
2.75%, 4/15/37(9)
NZD
     40,000
$   19,613,849
4.25%, 5/15/36
NZD
    293,000
  166,842,935
New Zealand Government Bonds Inflation-Linked,
3.25%, 9/20/50(25)
NZD
    153,883
   91,315,709
 
 
$  277,772,493
Peru — 0.1%
Peru Government Bonds: 
 
6.90%, 8/12/37
PEN
     23,115
$    6,970,101
7.60%, 8/12/39(9)
PEN
     37,775
   11,924,949
 
 
$   18,895,050
Poland — 0.2%
Republic of Poland Government Bonds, 2.00%,
8/25/36(25)
PLN
    100,960
$   24,371,440
 
 
$   24,371,440
Serbia — 0.2%
Serbia Treasury Bonds, 4.50%, 8/20/32
RSD
  3,319,480
$   31,151,976
 
 
$   31,151,976
South Africa — 2.3%
Republic of South Africa Government Bonds: 
 
6.25%, 3/31/36
ZAR
    637,100
$   32,399,260
8.50%, 1/31/37
ZAR
  2,338,386
  137,888,280
8.875%, 2/28/35
ZAR
  2,602,771
  160,286,672
10.875%, 3/31/38
ZAR
    230,000
   15,736,864
 
 
$  346,311,076
United Kingdom — 0.1%
U.K. Gilts, 4.125%, 1/29/27(9)(26)
GBP
     11,800
$   15,909,199
 
 
$   15,909,199
 
 
Security
Principal
Amount
(000's omitted)
Value
Uzbekistan — 0.0%†
Republic of Uzbekistan Bonds, 16.25%,
10/12/26(9)
UZS
  6,450,000
$      547,810
 
 
$      547,810
Venezuela — 0.2%
Venezuela Government International Bonds: 
 
6.00%, 12/9/20(9)(17)
USD
        531
$      226,103
7.00%, 3/31/38(9)(17)
USD
        183
       80,245
7.65%, 4/21/25(9)(17)
USD
     10,276
    4,655,131
7.75%, 10/13/19(9)(17)
USD
     11,340
    5,247,421
8.25%, 10/13/24(9)(17)
USD
      4,663
    2,170,766
9.00%, 5/7/23(9)(17)
USD
        122
       59,170
9.25%, 9/15/27(17)
USD
     22,489
   11,206,718
9.25%, 5/7/28(9)(17)
USD
     10,905
    5,329,868
9.375%, 1/13/34(17)
USD
      1,120
      550,491
11.75%, 10/21/26(9)(17)
USD
      1,521
      836,495
11.95%, 8/5/31(9)(17)
USD
      4,558
    2,504,566
12.75%, 8/23/22(9)(17)
USD
        551
      307,903
 
 
$   33,174,877
Total Sovereign Government Bonds
(identified cost $2,022,097,023)
 
$2,090,974,392
 
U.S. Government Agency Commercial Mortgage-Backed Securities — 0.1%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
FRESB Mortgage Trust: 
 
Interest Only:(6) 
 
Series 2021-SB91, Class X1, 0.655%,
8/25/41(4)
$
     20,396
$      491,133
Series 2021-SB92, Class X1, 0.522%,
8/25/41(4)
 
     17,894
      457,828
Government National Mortgage Association: 
 
Interest Only:(6) 
 
Series 2021-101, Class IO, 0.662%, 4/16/63(4)
 
     23,059
    1,156,589
Series 2021-132, Class IO, 0.71%, 4/16/63(4)
 
     59,948
    3,046,970
Series 2021-144, Class IO, 0.808%, 4/16/63(4)
 
     23,109
    1,345,253
Series 2021-186, Class IO, 0.736%, 5/16/63(4)
 
     42,171
    2,317,472
Series 2022-3, Class IO, 0.64%, 2/16/61(4)
 
     64,024
    2,899,733
Total U.S. Government Agency Commercial
Mortgage-Backed Securities
(identified cost $14,812,861)
 
$   11,714,978
 
32
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
U.S. Government Agency Mortgage-Backed Securities — 25.3%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
Federal Home Loan Mortgage Corp.: 
 
4.23%, (COF + 1.254%), with maturity at
2035(27)
$
         12
$       11,657
4.637%, (COF + 1.25%), with maturity at
2030(27)
 
         15
       15,254
6.00%, with various maturities to 2055
 
      8,125
    8,253,929
6.50%, with maturity at 2053
 
      4,083
    4,245,736
7.00%, with various maturities to 2053
 
        922
      976,659
Federal National Mortgage Association: 
 
3.988%, (COF + 1.254%), with maturity at
2035(27)
 
          2
        2,294
4.985%, (COF + 1.793%), with maturity at
2035(27)
 
        161
      159,823
5.50%, with maturity at 2054
 
      1,150
    1,147,670
6.00%, with various maturities to 2053
 
     11,210
   11,407,683
6.50%, with various maturities to 2055
 
     47,936
   49,582,120
8.50%, with maturity at 2032
 
         36
       37,496
Government National Mortgage Association: 
 
5.00%, 30-Year, TBA(28)
 
    468,700
  453,950,456
5.00%, with maturity at 2052
 
     13,634
   13,343,260
5.50%, 30-Year, TBA(28)
 
    196,000
  194,873,578
5.50%, with various maturities to 2063
 
     51,004
   51,047,359
5.50%, with maturity at 2056(26)
 
    121,200
  120,641,916
6.00%, with various maturities to 2066
 
    257,990
  263,719,363
6.00%, 30-Year, TBA(28)
 
    262,000
  265,597,640
6.50%, with various maturities to 2066
 
    313,117
  323,256,425
7.00%, with various maturities to 2064
 
     18,512
   19,232,899
7.50%, with various maturities to 2054
 
      2,220
    2,308,985
8.00%, with various maturities to 2054
 
      1,404
    1,452,548
Uniform Mortgage-Backed Security: 
 
5.00%, 30-Year, TBA(28)
 
    942,300
  909,908,485
5.50%, 30-Year, TBA(28)
 
  1,139,800
1,128,669,112
Total U.S. Government Agency Mortgage-Backed Securities
(identified cost $3,833,086,696)
 
$3,823,842,347
 
U.S. Government Guaranteed Small Business Administration Loans —
0.0%†
 
 
 
Security
Principal
Amount
(000's omitted)
Value
SBA IO Trust:

Interest Only:(29)(30)
Series 2018-1, Class A, 2.786%, 3/25/44(1)(4)
$
     97,109
$    5,207,990
Total U.S. Government Guaranteed Small Business
Administration Loans
(identified cost $30,340,116)
 
$    5,207,990
 
Short-Term Investments — 7.1%
 
Affiliated Fund — 5.9%
 
Security
Shares
Value
Morgan Stanley Institutional Liquidity Funds -
Government Portfolio, Institutional Class, 3.59%(31)
 
885,770,468
$  885,770,468
Total Affiliated Fund
(identified cost $885,770,468)
 
$  885,770,468
 
Sovereign Government Securities — 0.4%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
Hungary — 0.4%
National Bank of Hungary Bills, 0.00%, 8/6/26
HUF
 22,063,000
$   69,714,188
Total Sovereign Government Securities
(identified cost $69,524,610)
 
$   69,714,188
 
U.S. Treasury Obligations — 0.8%
 
 
 
Security
Principal
Amount
(000's omitted)
Value
U.S. Treasury Bills: 
 
0.00%, 8/6/26(26)
$
     15,798
$   15,793,067
0.00%, 8/13/26(26)
 
     14,960
   14,945,040
0.00%, 9/3/26
 
     15,040
   14,992,964
0.00%, 9/10/26(26)
 
     10,202
   10,163,162
0.00%, 9/17/26(26)
 
     10,000
    9,954,374
0.00%, 10/8/26(26)
 
      8,000
    7,946,161
0.00%, 10/15/26(26)
 
      5,500
    5,458,989
0.00%, 10/22/26(26)
 
     14,890
   14,768,363
0.00%, 10/29/26(26)
 
     11,900
   11,794,408
33
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
 
Security
Principal
Amount
(000's omitted)
Value
U.S. Treasury Bills: (continued)
 
0.00%, 11/5/26(26)
$
      9,600
$    9,507,268
Total U.S. Treasury Obligations
(identified cost $115,297,978)
 
$  115,323,796
Total Short-Term Investments
(identified cost $1,070,593,056)
 
$1,070,808,452
 
 
 
 
Total Purchased Options and Swaptions — 0.0%†
(identified cost $2,261,589)
 
$     2,163,544
Total Investments — 118.6%
(identified cost $17,914,490,009)
 
$17,901,232,500
Less Unfunded Loan Commitments — (0.3)%
 
$   (52,486,833)
Net Investments — 118.3%
(identified cost $17,862,003,176)
 
$17,848,745,667
Total Written Options and Swaptions — (0.0)%†
(premiums received $633,841)
 
$      (599,764)
Other Assets, Less Liabilities — (18.3)%
 
$(2,755,059,904)
Net Assets — 100.0%
 
$15,093,085,999
 
The percentage shown for each investment category in the Consolidated
Portfolio of Investments is based on net assets.
†
Amount is less than 0.05% or (0.05)%, as applicable.
*
In U.S. dollars unless otherwise indicated.
(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, 2026, the aggregate value of
these securities is $4,406,410,772 or 29.2% of the Portfolio's net
assets.
(2)
Variable rate security. The stated interest rate represents the rate in effect
at July 31, 2026.
(3)
Step coupon security. Interest rate represents the rate in effect at
July 31, 2026.
(4)
Weighted average fixed-rate coupon that changes/updates monthly. Rate
shown is the rate at July 31, 2026.
(5)
Inverse floating-rate security whose coupon varies inversely with changes
in the interest rate index. The stated interest rate represents the coupon
rate in effect at July 31, 2026.
(6)
Interest only security that entitles the holder to receive only interest
payments on the underlying mortgages. Principal amount shown is the
notional amount of the underlying mortgages on which coupon interest is
calculated.
(7)
Principal only security that entitles the holder to receive only principal
payments on the underlying mortgages.
(8)
Non-income producing security.
(9)
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, 2026, the aggregate
value of these securities is $707,362,551 or 4.7% of the Portfolio's net
assets.
(10)
Security is valued using significant unobservable inputs and is
categorized as Level 3 in the fair value hierarchy.
(11)
Restricted security.
(12)
Represents a payment-in-kind security which may pay interest in
additional principal at the issuer’s discretion.
(13)
When-issued security.
(14)
Perpetual security with no stated maturity date but may be subject to
calls by the issuer.
(15)
Security converts to variable rate after the indicated fixed-rate coupon
period.
(16)
Variable rate security whose coupon rate is linked to the issuer’s mining
activity revenue. The coupon rate shown represents the rate in effect at
July 31, 2026.
(17)
Issuer is in default with respect to interest and/or principal payments or
has declared bankruptcy and is non-income producing. For a variable
rate security, interest rate has been adjusted to reflect non-accrual
status.
(18)
Represents a participation interest, through a participation agreement
with a financial institution, in mortgage loans guaranteed by Government
National Mortgage Association.
(19)
Quantity held represents principal in USD.
(20)
Security is subject to risk of loss depending on the occurrence, frequency
and severity of the loss events that are covered by underlying reinsurance
contracts and that may occur during a specified risk period.
(21)
Senior floating-rate loans (Senior Loans) often require prepayments from
excess cash flows or permit the borrowers to repay at their election. The
degree to which borrowers repay, whether as a contractual requirement
or at their election, cannot be predicted with accuracy. As a result, the
actual remaining maturity may be substantially less than the stated
maturities shown. However, Senior Loans will typically have an expected
average life of approximately two to four years. Senior Loans typically
have rates of interest which are redetermined periodically by reference to
a base lending rate, plus a spread. These base lending rates are
primarily the Secured Overnight Financing Rate (“SOFR”) and
secondarily, the prime rate offered by one or more major United States
banks (the “Prime Rate”). Base lending rates may be subject to a floor,
or minimum rate. Rates for SOFR are generally 1 or 3-month tenors and
may also be subject to a credit spread adjustment. Senior Loans are
generally subject to contractual restrictions that must be satisfied before
they can be bought or sold.
(22)
Unfunded or partially unfunded loan commitments. The stated interest
rate reflects the reference rate and spread for the funded portion, if any.
At July 31, 2026, the total value of unfunded loan commitments is
$51,335,131.
(23)
This Senior Loan will settle after July 31, 2026, at which time the
interest rate will be determined.
(24)
Fixed-rate loan.
34
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
(25)
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.
(26)
Security (or a portion thereof) has been pledged to cover collateral
requirements on open derivative contracts.
(27)
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, 2026.
(28)
TBA (To Be Announced) securities are purchased or sold 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.
(29)
Interest only security that entitles the holder to receive only a portion of
the interest payments on the underlying loans. Principal amount shown
is the notional amount of the underlying loans on which coupon interest
is calculated.
(30)
The stated interest rate represents the weighted average fixed interest
rate at July 31, 2026 of all interest only securities comprising the trust.
(31)
May be deemed to be an affiliated investment company. The rate shown
is the annualized seven-day yield as of July 31, 2026.
 
Purchased Currency Options (OTC) — 0.0%† 
Description
Counterparty
Notional Amount
Exercise
Price
Expiration
Date
Value
Put USD vs. Call CLP
Bank of America, N.A.
USD
951,318
CLP
875.00
10/26/26
$126,311
Put USD vs. Call CLP
Bank of America, N.A.
USD
8,767,000
CLP
886.00
1/27/27
112,822
Put USD vs. Call CNH
Standard Chartered Bank
USD
43,300,000
CNH
6.60
11/10/26
34,164
Put USD vs. Call INR
Bank of America, N.A.
USD
300,000
INR
92.00
9/30/26
7,392
Put USD vs. Call INR
Bank of America, N.A.
USD
160,000
INR
92.00
10/1/26
4,034
Put USD vs. Call INR
Barclays Bank PLC
USD
6,000,000
INR
94.00
9/10/26
7,716
Put USD vs. Call INR
Barclays Bank PLC
USD
200,000
INR
92.00
9/30/26
4,928
Put USD vs. Call INR
Barclays Bank PLC
USD
74,000
INR
92.00
10/1/26
1,866
Put USD vs. Call INR
Goldman Sachs International
USD
5,000,000
INR
94.00
9/10/26
6,430
Put USD vs. Call INR
Goldman Sachs International
USD
9,500,000
INR
95.00
10/16/26
46,550
Put USD vs. Call INR
JPMorgan Chase Bank, N.A.
USD
250,000
INR
92.00
9/30/26
6,160
Put USD vs. Call INR
JPMorgan Chase Bank, N.A.
USD
9,000,000
INR
95.00
10/16/26
44,100
Total
 
$402,473
 
†
Amount is less than 0.05% or (0.05)%, as applicable.
35
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
Purchased Interest Rate Swaptions (OTC) — 0.0%† 
Description
Counterparty
Notional Amount
Expiration
Date
Value
Option to enter into interest rate swap expiring
6/11/32 to receive 3-month ZAR-JIBAR and pay
8.02%
JPMorgan Chase Bank, N.A.
ZAR
247,820,000
6/11/27
$250,804
Option to enter into interest rate swap expiring
6/11/32 to receive 6-month PLN-WIBOR and
pay 4.88%
JPMorgan Chase Bank, N.A.
PLN
 47,646,000
6/9/27
137,575
Option to enter into interest rate swap expiring
6/14/32 to receive 3-month ZAR-JIBAR and pay
7.86%
JPMorgan Chase Bank, N.A.
ZAR
173,099,000
6/14/27
207,007
Option to enter into interest rate swap expiring
6/15/32 to receive 6-month PLN-WIBOR and
pay 4.77%
Bank of America, N.A.
PLN
 17,729,000
6/11/27
60,019
Option to enter into interest rate swap expiring
6/23/32 to receive 6-month PLN-WIBOR and
pay 4.47%
JPMorgan Chase Bank, N.A.
PLN
 24,178,000
6/21/27
154,383
Option to enter into interest rate swap expiring
6/9/32 to receive 3-month ZAR-JIBAR and pay
8.09%
JPMorgan Chase Bank, N.A.
ZAR
246,954,000
6/9/27
229,813
Total
 
 
$1,039,601
 
† Amount is less than 0.05% or (0.05)%, as applicable.
 
Purchased Put Options (Exchange-Traded) — 0.0%† 
Description
Number of
Contracts
Notional
Amount
Exercise
Price
Expiration
Date
Value
CBOT 2 - Year U.S. Treasury Notes Futures 09/26
834
$
171,478,220
$
102.75
 8/21/26
$247,595
CBOT 2 - Year U.S. Treasury Notes Futures 09/26
174
35,776,031
 
103
 8/21/26
 97,875
CBOT 5 - Year U.S. Treasury Notes Futures 09/26
313
33,170,664
 
106
 8/21/26
127,156
CBOT 5 - Year U.S. Treasury Notes Futures 09/26
209
22,149,102
 
106.25
 8/21/26
111,031
CBOT 5 - Year U.S. Treasury Notes Futures 11/26
168
17,804,063
 
106
10/23/26
137,813
Total
 
 
$721,470
 
†
Amount is less than 0.05% or (0.05)%, as applicable.
 
Written Currency Options (OTC) — (0.0)%† 
Description
Counterparty
Notional Amount
Exercise
Price
Expiration
Date
Value
Call EUR vs. Put HUF
BNP Paribas
EUR
2,062,000
HUF
414.70
7/18/28
$(51,453
)
Call EUR vs. Put HUF
JPMorgan Chase Bank, N.A.
EUR
1,851,000
HUF
397.40
6/7/28
(62,886
)
Call EUR vs. Put HUF
JPMorgan Chase Bank, N.A.
EUR
1,851,000
HUF
400.76
6/8/28
(58,453
)
Call EUR vs. Put HUF
JPMorgan Chase Bank, N.A.
EUR
2,484,000
HUF
397.40
6/29/28
(87,322
)
Call EUR vs. Put HUF
JPMorgan Chase Bank, N.A.
EUR
4,123,000
HUF
399.60
7/13/28
(140,960
)
Call HUF vs. Put EUR
BNP Paribas
EUR
2,062,000
HUF
351.90
7/18/28
(30,861
)
Call HUF vs. Put EUR
JPMorgan Chase Bank, N.A.
EUR
1,851,000
HUF
348.10
6/7/28
(21,846
)
Call HUF vs. Put EUR
JPMorgan Chase Bank, N.A.
EUR
1,851,000
HUF
350.40
6/8/28
(24,722
)
Call HUF vs. Put EUR
JPMorgan Chase Bank, N.A.
EUR
2,484,000
HUF
350.30
6/29/28
(33,648
)
36
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Written Currency Options (OTC) (continued)
Description
Counterparty
Notional Amount
Exercise
Price
Expiration
Date
Value
Call HUF vs. Put EUR
JPMorgan Chase Bank, N.A.
EUR
4,123,000
HUF
353.10
7/13/28
$(65,202
)
Call USD vs. Put INR
Barclays Bank PLC
USD
6,000,000
INR
100.00
9/10/26
(1,572
)
Call USD vs. Put INR
Goldman Sachs International
USD
5,000,000
INR
100.00
9/10/26
(1,310
)
Call USD vs. Put INR
Goldman Sachs International
USD
9,500,000
INR
100.50
10/16/26
(8,693
)
Call USD vs. Put INR
JPMorgan Chase Bank, N.A.
USD
9,000,000
INR
100.00
10/16/26
(10,836
)
Total
 
$(599,764
)
 
† Amount is less than 0.05% or (0.05)%, as applicable.
 
Forward Foreign Currency Exchange Contracts (Centrally Cleared) 
Currency Purchased
Currency Sold
Settlement
Date
Value/Unrealized
Appreciation
(Depreciation)
EUR
2,940,523
USD
3,363,955
9/16/26
$32,678
EUR
333,904
USD
386,007
9/16/26
(310
)
EUR
494,826
USD
572,039
9/16/26
(460
)
EUR
1,084,472
USD
1,253,694
9/16/26
(1,008
)
EUR
1,114,601
USD
1,288,525
9/16/26
(1,036
)
KRW
73,804,000,000
USD
48,702,653
9/16/26
2,463,693
KRW
45,657,000,000
USD
30,110,796
9/16/26
1,541,985
KRW
36,782,000,000
USD
24,187,545
9/16/26
1,312,435
KRW
35,671,000,000
USD
23,466,991
9/16/26
1,262,762
KRW
11,615,000,000
USD
7,623,400
9/16/26
428,970
KRW
7,035,300,000
USD
4,798,159
9/16/26
79,227
PEN
94,730,000
USD
27,874,062
9/16/26
(45,697
)
TWD
271,604,400
USD
8,411,149
9/16/26
9,927
TWD
118,826,869
USD
3,678,167
9/16/26
6,052
TWD
175,410,731
USD
5,432,859
9/16/26
5,738
TWD
146,894,944
USD
4,633,471
9/16/26
(79,004
)
TWD
154,538,662
USD
4,885,857
9/16/26
(94,396
)
TWD
216,828,018
USD
6,829,874
9/16/26
(107,137
)
TWD
173,667,776
USD
5,500,733
9/16/26
(116,176
)
TWD
228,239,955
USD
7,197,826
9/16/26
(121,262
)
TWD
237,785,550
USD
7,516,965
9/16/26
(144,441
)
TWD
281,055,421
USD
8,867,500
9/16/26
(153,397
)
TWD
359,001,300
USD
11,308,196
9/16/26
(177,386
)
TWD
387,386,649
USD
12,250,155
9/16/26
(239,259
)
TWD
393,713,646
USD
12,447,353
9/16/26
(240,289
)
TWD
538,670,249
USD
16,995,701
9/16/26
(294,268
)
TWD
684,719,867
USD
21,592,231
9/16/26
(362,539
)
TWD
787,428,523
USD
24,843,073
9/16/26
(428,907
)
TWD
1,116,069,440
USD
35,211,792
9/16/26
(608,137
)
USD
9,062,481
COP
32,282,823,000
9/16/26
(1,068,861
)
USD
13,280,807
COP
46,436,340,000
9/16/26
(1,292,345
)
37
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (Centrally Cleared) (continued)
Currency Purchased
Currency Sold
Settlement
Date
Value/Unrealized
Appreciation
(Depreciation)
USD
15,029,473
COP
53,798,000,000
9/16/26
$(1,853,993
)
USD
14,649,262
COP
52,902,000,000
9/16/26
(1,953,012
)
USD
19,868,318
COP
69,598,719,000
9/16/26
(1,973,899
)
USD
17,511,569
COP
64,120,360,000
9/16/26
(2,611,371
)
USD
31,982,600
COP
116,032,873,000
9/16/26
(4,432,083
)
USD
40,047,297
COP
145,369,686,000
9/16/26
(5,574,179
)
USD
85,858,628
COP
301,836,008,000
9/16/26
(8,866,790
)
USD
46,869,362
EUR
40,543,000
9/16/26
37,669
USD
26,211,671
EUR
22,673,655
9/16/26
21,067
USD
18,595,058
EUR
16,085,123
9/16/26
14,945
USD
11,560,408
EUR
10,000,000
9/16/26
9,291
USD
8,462,759
EUR
7,320,467
9/16/26
6,802
USD
7,164,088
EUR
6,197,089
9/16/26
5,758
USD
3,579,550
EUR
3,096,388
9/16/26
2,877
USD
3,399,365
EUR
2,940,523
9/16/26
2,732
USD
1,040,437
EUR
900,000
9/16/26
836
USD
460,636
EUR
398,460
9/16/26
370
USD
381,986
EUR
333,904
9/16/26
(3,711
)
USD
7,726,591
INR
742,000,000
9/16/26
(20,988
)
USD
27,846,204
PEN
94,730,000
9/16/26
17,838
USD
527,964
PEN
1,796,080
9/16/26
338
USD
60,321,994
BRL
328,163,710
10/1/26
(3,554,716
)
USD
110,153,959
BRL
599,568,000
10/1/26
(6,551,300
)
USD
109,754,758
BRL
599,568,290
10/1/26
(6,950,558
)
USD
68,930,641
BRL
354,400,000
10/2/26
(39,357
)
USD
137,935,060
BRL
709,000,000
10/2/26
(43,859
)
USD
103,483,826
BRL
532,000,000
10/2/26
(49,016
)
 
 
 
$(42,791,157
)
 
Forward Foreign Currency Exchange Contracts (OTC) 
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
EUR
8,844,000
USD
10,078,468
UBS AG
8/3/26
$119,989
$ —
KZT
3,134,162,097
USD
6,592,130
Citibank, N.A.
8/3/26
15,914
 —
KZT
3,134,162,097
USD
6,614,808
Deutsche Bank AG
8/3/26
 —
(6,764
)
PHP
124,446,000
USD
2,017,345
Societe Generale
8/3/26
15,422
 —
PHP
109,512,400
USD
1,777,193
Societe Generale
8/3/26
11,641
 —
PHP
83,513,880
USD
1,352,934
Societe Generale
8/3/26
11,227
 —
PHP
84,084,800
USD
1,363,243
Societe Generale
8/3/26
10,243
 —
PHP
82,216,296
USD
1,333,684
Societe Generale
8/3/26
9,280
 —
PHP
82,216,296
USD
1,334,052
Societe Generale
8/3/26
8,913
 —
38
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued)
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
PHP
55,011,500
USD
893,029
Societe Generale
8/3/26
$5,558
$ —
TRY
281,617,790
USD
5,914,849
JPMorgan Chase Bank, N.A.
8/3/26
11,607
 —
USD
6,614,808
KZT
3,134,162,097
Citibank, N.A.
8/3/26
6,764
 —
USD
6,214,876
KZT
3,134,162,097
Deutsche Bank AG
8/3/26
 —
(393,167
)
USD
2,668,382
PHP
163,944,300
Citibank, N.A.
8/3/26
 —
(9,571
)
USD
2,019,221
PHP
124,200,272
Societe Generale
8/3/26
 —
(9,532
)
USD
5,412,390
PHP
332,856,600
Societe Generale
8/3/26
 —
(24,666
)
USD
5,937,546
TRY
281,617,790
JPMorgan Chase Bank, N.A.
8/3/26
11,089
 —
USD
60,878,681
ZAR
1,003,190,874
Citibank, N.A.
8/3/26
157,436
 —
BRL
100,000,000
USD
19,649,840
Goldman Sachs International
8/4/26
77,334
 —
BRL
11,271,000
USD
2,164,320
Societe Generale
8/4/26
59,130
 —
BRL
19,829,000
USD
3,882,710
Societe Generale
8/4/26
28,991
 —
BRL
20,000,000
USD
3,928,470
Societe Generale
8/4/26
16,964
 —
BRL
164
USD
31
Societe Generale
8/4/26
1
 —
TRY
443,970,836
USD
9,326,041
Barclays Bank PLC
8/4/26
9,784
 —
USD
19,695,507
BRL
100,000,000
Goldman Sachs International
8/4/26
 —
(31,666
)
USD
1,741,527
BRL
9,000,000
Societe Generale
8/4/26
 —
(33,919
)
USD
1,958,993
BRL
10,140,000
Societe Generale
8/4/26
 —
(41,343
)
USD
4,876,954
BRL
25,000,000
Societe Generale
8/4/26
 —
(54,839
)
USD
2,898,551
BRL
15,000,000
Societe Generale
8/4/26
 —
(60,525
)
USD
5,797,662
BRL
30,000,000
Societe Generale
8/4/26
 —
(120,490
)
USD
12,087,947
BRL
61,960,000
Societe Generale
8/4/26
 —
(135,010
)
TRY
301,669,778
USD
6,333,609
JPMorgan Chase Bank, N.A.
8/5/26
4,995
 —
PHP
112,281,200
USD
1,826,007
Societe Generale
8/6/26
8,310
 —
PHP
110,339,300
USD
1,794,602
Societe Generale
8/6/26
7,991
 —
PHP
112,281,200
USD
1,826,453
Societe Generale
8/6/26
7,865
 —
PHP
55,161,800
USD
896,488
Societe Generale
8/6/26
4,680
 —
PHP
54,983,700
USD
894,393
Societe Generale
8/6/26
3,866
 —
USD
7,218,933
PHP
445,047,200
Societe Generale
8/6/26
 —
(51,723
)
EUR
1,157,404
USD
1,320,928
Societe Generale
8/7/26
13,890
 —
EUR
390,000
USD
445,101
Societe Generale
8/7/26
4,680
 —
EUR
1,075,556
USD
1,232,982
UBS AG
8/7/26
7,441
 —
PHP
221,213,228
USD
3,594,041
Societe Generale
8/7/26
20,048
 —
PHP
81,818,400
USD
1,328,782
Societe Generale
8/7/26
7,933
 —
TRY
475,101,596
USD
9,966,574
JPMorgan Chase Bank, N.A.
8/7/26
694
 —
USD
5,589,332
EUR
4,890,000
BNP Paribas
8/7/26
 —
(50,235
)
USD
236,311
EUR
206,966
Citibank, N.A.
8/7/26
 —
(2,380
)
USD
78,729
EUR
69,000
JPMorgan Chase Bank, N.A.
8/7/26
 —
(848
)
USD
1,342,490
EUR
1,176,297
Societe Generale
8/7/26
 —
(14,116
)
USD
6,154,366
EUR
5,392,488
Societe Generale
8/7/26
 —
(64,713
)
USD
6,572,067
EUR
5,758,480
Societe Generale
8/7/26
 —
(69,106
)
USD
10,382,830
EUR
9,097,491
Societe Generale
8/7/26
 —
(109,176
)
USD
48,971,505
EUR
42,909,094
Societe Generale
8/7/26
 —
(514,938
)
USD
3,889,194
EUR
3,400,000
Standard Chartered Bank
8/7/26
 —
(31,977
)
39
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued)
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
USD
934,784
EUR
820,000
State Street Bank and Trust Company
8/7/26
$ —
$(10,910
)
USD
622,884
EUR
544,425
UBS AG
8/7/26
 —
(4,993
)
USD
10,080,148
EUR
8,844,000
UBS AG
8/7/26
 —
(119,510
)
USD
1,838,384
KZT
873,048,657
Deutsche Bank AG
8/7/26
246
 —
USD
98,134
KZT
48,666,533
Goldman Sachs International
8/7/26
 —
(4,330
)
USD
4,929,732
PHP
303,031,628
Societe Generale
8/7/26
 —
(21,072
)
TRY
281,617,790
USD
5,905,794
JPMorgan Chase Bank, N.A.
8/10/26
 —
(11,341
)
USD
6,577,465
KZT
3,134,162,097
Citibank, N.A.
8/10/26
 —
(12,002
)
USD
3,145,089
KZT
1,562,008,283
Deutsche Bank AG
8/10/26
 —
(138,979
)
USD
5,599,074
KZT
2,780,780,220
Deutsche Bank AG
8/10/26
 —
(247,419
)
PEN
21,000,000
USD
6,201,093
Societe Generale
8/11/26
 —
(23,532
)
PEN
13,000,000
USD
3,868,472
Societe Generale
8/11/26
 —
(44,268
)
ISK
3,530,543,310
EUR
24,510,853
JPMorgan Chase Bank, N.A.
8/17/26
352,340
 —
ISK
1,438,368,676
EUR
9,995,613
JPMorgan Chase Bank, N.A.
8/20/26
127,127
 —
EGP
450,000,000
USD
8,840,864
Standard Chartered Bank
8/25/26
 —
(128,583
)
USD
1,087,257
KZT
522,807,304
Deutsche Bank AG
8/27/26
 —
(5,359
)
USD
1,087,257
KZT
522,970,393
Deutsche Bank AG
8/27/26
 —
(5,700
)
CLP
3,193,195,886
USD
3,423,921
Societe Generale
8/31/26
11,177
 —
USD
1,144,524
KZT
551,088,180
Deutsche Bank AG
8/31/26
 —
(5,611
)
USD
2,289,047
KZT
1,102,176,360
Deutsche Bank AG
8/31/26
 —
(11,223
)
USD
902,040
KZT
430,633,816
Deutsche Bank AG
9/4/26
4,531
 —
USD
2,110,944
KZT
1,076,898,096
Deutsche Bank AG
9/4/26
 —
(133,482
)
KZT
30,575,349,413
USD
63,198,325
Deutsche Bank AG
9/14/26
303,754
 —
USD
528,330
KZT
264,350,063
Citibank, N.A.
9/14/26
 —
(20,700
)
USD
1,346,073
KZT
673,171,000
Citibank, N.A.
9/14/26
 —
(52,039
)
USD
1,135,870
KZT
551,805,775
Deutsche Bank AG
9/14/26
 —
(10,178
)
USD
1,135,870
KZT
552,146,535
Deutsche Bank AG
9/14/26
 —
(10,885
)
USD
1,135,870
KZT
552,260,123
Deutsche Bank AG
9/14/26
 —
(11,121
)
USD
1,135,870
KZT
552,487,297
Deutsche Bank AG
9/14/26
 —
(11,593
)
MYR
56,000,000
USD
13,886,822
Goldman Sachs International
9/15/26
 —
(166,160
)
EGP
450,000,000
USD
8,288,819
Goldman Sachs International
9/16/26
348,948
 —
EUR
42,590,831
HUF
14,987,172,376
Barclays Bank PLC
9/16/26
1,918,688
 —
EUR
14,974,672
HUF
5,364,301,760
JPMorgan Chase Bank, N.A.
9/16/26
375,212
 —
EUR
7,133,462
HUF
2,555,384,408
JPMorgan Chase Bank, N.A.
9/16/26
178,739
 —
EUR
6,160,299
PLN
26,749,065
Barclays Bank PLC
9/16/26
 —
(44,210
)
EUR
2,927,142
PLN
12,709,762
JPMorgan Chase Bank, N.A.
9/16/26
 —
(20,904
)
EUR
1,686,368
PLN
7,328,180
Societe Generale
9/16/26
 —
(13,623
)
EUR
2,360,915
PLN
10,262,993
Societe Generale
9/16/26
 —
(20,021
)
EUR
21,792,435
PLN
92,870,207
Standard Chartered Bank
9/16/26
313,711
 —
EUR
4,500,000
USD
5,202,184
Societe Generale
9/16/26
 —
(4,181
)
GBP
17,000,000
USD
22,661,484
State Street Bank and Trust Company
9/16/26
249,753
 —
HUF
1,728,172,912
EUR
4,826,355
Barclays Bank PLC
9/16/26
 —
(123,291
)
HUF
7,243,840,396
EUR
20,214,264
Deutsche Bank AG
9/16/26
 —
(498,340
)
HUF
150,235,871
EUR
420,917
JPMorgan Chase Bank, N.A.
9/16/26
 —
(12,272
)
40
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued)
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
HUF
6,015,159,067
EUR
16,791,567
JPMorgan Chase Bank, N.A.
9/16/26
$ —
$(420,737
)
ILS
30,121,700
USD
10,351,455
Deutsche Bank AG
9/16/26
 —
(482,748
)
ILS
40,160,260
USD
13,810,862
Goldman Sachs International
9/16/26
 —
(653,242
)
ILS
3,012,170
USD
1,032,393
UBS AG
9/16/26
 —
(45,523
)
ILS
15,436,933
USD
5,304,429
UBS AG
9/16/26
 —
(246,860
)
KRW
4,748,000,000
USD
3,131,306
Citibank, N.A.
9/16/26
160,355
 —
KRW
3,709,000,000
USD
2,440,051
Citibank, N.A.
9/16/26
131,300
 —
KRW
2,849,000,000
USD
1,878,916
Citibank, N.A.
9/16/26
96,220
 —
KRW
2,226,000,000
USD
1,464,426
Citibank, N.A.
9/16/26
78,801
 —
KRW
7,675,000,000
USD
5,064,669
Societe Generale
9/16/26
256,204
 —
KRW
4,605,000,000
USD
3,038,802
Societe Generale
9/16/26
153,722
 —
KRW
3,825,000,000
USD
2,515,289
Societe Generale
9/16/26
136,482
 —
KRW
2,295,000,000
USD
1,509,173
Societe Generale
9/16/26
81,889
 —
KRW
1,208,000,000
USD
792,860
Societe Generale
9/16/26
44,614
 —
KRW
725,000,000
USD
475,847
Societe Generale
9/16/26
26,776
 —
NZD
5,400,000
USD
3,147,079
Standard Chartered Bank
9/16/26
37,909
 —
NZD
530,000
USD
300,017
Standard Chartered Bank
9/16/26
12,584
 —
PEN
18,000,000
USD
5,269,321
Citibank, N.A.
9/16/26
18,450
 —
PEN
19,000,000
USD
5,577,409
Societe Generale
9/16/26
4,128
 —
PEN
28,730,000
USD
8,445,281
Societe Generale
9/16/26
 —
(5,410
)
PHP
163,944,300
USD
2,663,765
Citibank, N.A.
9/16/26
10,755
 —
PHP
445,047,200
USD
7,208,176
Societe Generale
9/16/26
52,141
 —
PHP
332,856,600
USD
5,403,779
Societe Generale
9/16/26
26,306
 —
PHP
303,031,628
USD
4,921,965
Societe Generale
9/16/26
21,568
 —
PHP
124,200,272
USD
2,015,944
Societe Generale
9/16/26
10,208
 —
SEK
2,900,000
USD
299,390
JPMorgan Chase Bank, N.A.
9/16/26
5,854
 —
SEK
29,700,000
USD
3,164,849
State Street Bank and Trust Company
9/16/26
 —
(38,737
)
SGD
4,212,000
USD
3,293,419
Citibank, N.A.
9/16/26
1,036
 —
SGD
580,000
USD
450,030
Deutsche Bank AG
9/16/26
3,622
 —
SGD
1,944,000
USD
1,521,769
Deutsche Bank AG
9/16/26
 —
(1,251
)
SGD
1,944,000
USD
1,521,090
Goldman Sachs International
9/16/26
 —
(572
)
TWD
10,014,503
USD
315,956
Citibank, N.A.
9/16/26
 —
(5,457
)
TWD
1,318,090
USD
41,576
Societe Generale
9/16/26
 —
(709
)
TWD
1,386,681
USD
43,841
Societe Generale
9/16/26
 —
(847
)
TWD
1,945,600
USD
61,285
Societe Generale
9/16/26
 —
(961
)
TWD
1,558,327
USD
49,358
Societe Generale
9/16/26
 —
(1,042
)
TWD
2,048,000
USD
64,586
Societe Generale
9/16/26
 —
(1,088
)
TWD
2,133,658
USD
67,450
Societe Generale
9/16/26
 —
(1,296
)
TWD
2,521,913
USD
79,568
Societe Generale
9/16/26
 —
(1,376
)
TWD
3,221,300
USD
101,468
Societe Generale
9/16/26
 —
(1,592
)
TWD
3,532,797
USD
111,690
Societe Generale
9/16/26
 —
(2,156
)
TWD
3,476,033
USD
109,950
Societe Generale
9/16/26
 —
(2,176
)
TWD
4,833,494
USD
152,503
Societe Generale
9/16/26
 —
(2,640
)
TWD
6,143,999
USD
193,747
Societe Generale
9/16/26
 —
(3,253
)
41
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued)
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
TWD
7,065,605
USD
222,917
Societe Generale
9/16/26
$ —
$(3,849
)
USD
3,120,704
AED
11,457,936
Societe Generale
9/16/26
948
 —
USD
81,755
AED
300,175
Societe Generale
9/16/26
23
 —
USD
19,936,969
CAD
27,664,000
Goldman Sachs International
9/16/26
166,256
 —
USD
6,405,964
CAD
8,888,742
Goldman Sachs International
9/16/26
53,420
 —
USD
2,089,980
CAD
2,900,000
Goldman Sachs International
9/16/26
17,428
 —
USD
1,924,538
CAD
2,700,000
JPMorgan Chase Bank, N.A.
9/16/26
 —
(5,079
)
USD
4,125,046
CNH
27,738,106
Citibank, N.A.
9/16/26
4,943
 —
USD
419,290
CNH
2,823,124
Goldman Sachs International
9/16/26
 —
(45
)
USD
4,307,328
CNH
29,001,694
Goldman Sachs International
9/16/26
 —
(463
)
USD
1,000,539
CNH
6,736,876
JPMorgan Chase Bank, N.A.
9/16/26
 —
(129
)
USD
6,158,868
CNH
41,469,200
JPMorgan Chase Bank, N.A.
9/16/26
 —
(793
)
USD
478,918
COP
1,706,024,000
Citibank, N.A.
9/16/26
 —
(56,485
)
USD
1,773,851
COP
6,213,800,000
Citibank, N.A.
9/16/26
 —
(176,230
)
USD
514,588
COP
1,799,000,000
Societe Generale
9/16/26
 —
(49,993
)
USD
701,684
COP
2,453,438,000
Societe Generale
9/16/26
 —
(68,280
)
USD
925,099
COP
3,387,342,000
Societe Generale
9/16/26
 —
(137,953
)
USD
1,689,783
COP
6,130,531,000
Societe Generale
9/16/26
 —
(234,167
)
USD
2,389,761
COP
8,391,000,000
Societe Generale
9/16/26
 —
(243,593
)
USD
7,664,803
COP
26,945,615,000
Societe Generale
9/16/26
 —
(791,559
)
USD
7,207,990
COP
25,801,000,000
Societe Generale
9/16/26
 —
(889,157
)
USD
7,025,565
COP
25,371,000,000
Societe Generale
9/16/26
 —
(936,635
)
USD
19,206,106
COP
69,717,206,000
Societe Generale
9/16/26
 —
(2,673,296
)
USD
3,511,853
EUR
3,013,769
Citibank, N.A.
9/16/26
30,613
 —
USD
152,467,474
EUR
131,229,321
JPMorgan Chase Bank, N.A.
9/16/26
882,953
 —
USD
4,681,864
EUR
4,029,698
JPMorgan Chase Bank, N.A.
9/16/26
27,113
 —
USD
25,366,815
EUR
21,942,837
Societe Generale
9/16/26
20,387
 —
USD
22,866,573
EUR
19,780,075
Societe Generale
9/16/26
18,378
 —
USD
17,276,208
EUR
14,944,289
Societe Generale
9/16/26
13,885
 —
USD
8,220,372
EUR
7,110,797
Societe Generale
9/16/26
6,607
 —
USD
4,890,053
EUR
4,230,000
Societe Generale
9/16/26
3,930
 —
USD
78,728
EUR
68,663
Standard Chartered Bank
9/16/26
 —
(585
)
USD
1,714,657
EUR
1,500,000
Standard Chartered Bank
9/16/26
 —
(18,010
)
USD
3,423,600
EUR
3,000,000
Standard Chartered Bank
9/16/26
 —
(41,735
)
USD
7,688,993
EUR
6,700,000
Standard Chartered Bank
9/16/26
 —
(50,255
)
USD
1,714,792
EUR
1,500,000
UBS AG
9/16/26
 —
(17,875
)
USD
4,010,650
EUR
3,500,000
UBS AG
9/16/26
 —
(32,241
)
USD
3,423,315
EUR
3,000,000
UBS AG
9/16/26
 —
(42,020
)
USD
734,360
GBP
547,205
Barclays Bank PLC
9/16/26
 —
(3,120
)
USD
4,521,095
GBP
3,364,739
Citibank, N.A.
9/16/26
 —
(13,631
)
USD
11,505,032
GBP
8,575,719
Citibank, N.A.
9/16/26
 —
(52,635
)
USD
48,893,986
GBP
36,445,017
Citibank, N.A.
9/16/26
 —
(223,687
)
USD
1,715,632
GBP
1,300,000
Deutsche Bank AG
9/16/26
 —
(36,404
)
USD
2,111,731
GBP
1,575,000
JPMorgan Chase Bank, N.A.
9/16/26
 —
(10,927
)
42
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued)
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
USD
10,029,901
GBP
7,480,636
JPMorgan Chase Bank, N.A.
9/16/26
$ —
$(51,900
)
USD
19,974,969
GBP
14,898,000
JPMorgan Chase Bank, N.A.
9/16/26
 —
(103,362
)
USD
21,050,276
GBP
15,700,000
JPMorgan Chase Bank, N.A.
9/16/26
 —
(108,926
)
USD
21,077,984
GBP
15,800,000
Societe Generale
9/16/26
 —
(215,990
)
USD
1,874,448
GBP
1,400,000
Standard Chartered Bank
9/16/26
 —
(12,360
)
USD
9,247,885
GBP
6,900,000
State Street Bank and Trust Company
9/16/26
 —
(51,382
)
USD
5,559,832
GBP
4,115,835
Wells Fargo Bank, N.A.
9/16/26
12,839
 —
USD
4,694,485
HKD
36,678,111
BNP Paribas
9/16/26
10,534
 —
USD
1,053,689
ILS
3,221,443
Bank of America, N.A.
9/16/26
 —
(1,746
)
USD
1,144,755
ILS
3,500,087
Bank of America, N.A.
9/16/26
 —
(1,971
)
USD
1,154,839
ILS
3,532,422
Bank of America, N.A.
9/16/26
 —
(2,481
)
USD
956,875
ILS
2,914,910
Barclays Bank PLC
9/16/26
1,870
 —
USD
30,332,295
ILS
88,731,063
Citibank, N.A.
9/16/26
1,261,528
 —
USD
7,562,113
ILS
23,018,316
Goldman Sachs International
9/16/26
20,672
 —
USD
1,758,066
ILS
5,345,574
Goldman Sachs International
9/16/26
6,707
 —
USD
1,930,618
ILS
5,896,994
JPMorgan Chase Bank, N.A.
9/16/26
 —
(1,401
)
USD
5,706,596
ILS
17,391,879
Standard Chartered Bank
9/16/26
8,532
 —
USD
1,141,165
ILS
3,478,376
UBS AG
9/16/26
1,552
 —
USD
1,698,607
JPY
270,000,000
Goldman Sachs International
9/16/26
 —
(4,103
)
USD
2,107,531
JPY
335,000,000
Goldman Sachs International
9/16/26
 —
(5,091
)
USD
19,987,235
JPY
3,177,047,000
Goldman Sachs International
9/16/26
 —
(48,284
)
USD
1,923,280
JPY
312,300,000
JPMorgan Chase Bank, N.A.
9/16/26
 —
(46,188
)
USD
1,158,167
KZT
559,973,882
Bank of America, N.A.
9/16/26
 —
(4,036
)
USD
1,176,262
KZT
570,016,530
Bank of America, N.A.
9/16/26
 —
(6,784
)
USD
3,956,793
KZT
1,905,631,000
Deutsche Bank AG
9/16/26
1,733
 —
USD
2,672,485
NZD
4,572,360
Goldman Sachs International
9/16/26
 —
(24,351
)
USD
4,839,248
NZD
8,279,480
Goldman Sachs International
9/16/26
 —
(44,094
)
USD
18,118,074
NZD
30,998,250
Goldman Sachs International
9/16/26
 —
(165,086
)
USD
42,516,964
NZD
72,742,360
Goldman Sachs International
9/16/26
 —
(387,401
)
USD
2,141,829
NZD
3,668,610
Standard Chartered Bank
9/16/26
 —
(21,964
)
USD
3,878,348
NZD
6,642,990
Standard Chartered Bank
9/16/26
 —
(39,771
)
USD
4,266,083
NZD
7,320,072
Standard Chartered Bank
9/16/26
 —
(51,389
)
USD
7,724,879
NZD
13,254,942
Standard Chartered Bank
9/16/26
 —
(93,053
)
USD
3,383,883
NZD
5,930,000
Standard Chartered Bank
9/16/26
 —
(113,706
)
USD
14,520,492
NZD
24,871,280
Standard Chartered Bank
9/16/26
 —
(148,903
)
USD
28,921,840
NZD
49,626,317
Standard Chartered Bank
9/16/26
 —
(348,389
)
USD
34,074,643
NZD
58,364,410
Standard Chartered Bank
9/16/26
 —
(349,425
)
USD
67,869,698
NZD
116,456,045
Standard Chartered Bank
9/16/26
 —
(817,551
)
USD
1,597,332
NZD
2,739,140
UBS AG
9/16/26
 —
(18,247
)
USD
2,892,394
NZD
4,959,940
UBS AG
9/16/26
 —
(33,041
)
USD
10,829,079
NZD
18,569,940
UBS AG
9/16/26
 —
(123,707
)
USD
25,412,152
NZD
43,577,310
UBS AG
9/16/26
 —
(290,297
)
USD
4,704,864
PEN
16,029,000
Citibank, N.A.
9/16/26
 —
(3,897
)
USD
2,461,047
PEN
8,403,000
Citibank, N.A.
9/16/26
 —
(7,461
)
43
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued)
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
USD
2,929,802
PEN
10,000,000
Societe Generale
9/16/26
$ —
$(7,849
)
USD
2,574,347
PEN
8,821,000
Societe Generale
9/16/26
 —
(16,955
)
USD
5,170,810
PEN
17,679,000
Societe Generale
9/16/26
 —
(22,663
)
USD
4,445,969
PEN
15,231,000
Societe Generale
9/16/26
 —
(28,367
)
USD
6,491,418
PHP
394,496,476
Societe Generale
9/16/26
55,765
 —
USD
1,882,361
PHP
114,611,300
Societe Generale
9/16/26
12,639
 —
USD
1,536,913
PHP
94,796,344
Societe Generale
9/16/26
 —
(9,555
)
USD
6,226,763
PHP
383,026,850
Societe Generale
9/16/26
 —
(21,780
)
USD
6,201,403
PHP
382,149,030
Societe Generale
9/16/26
 —
(32,819
)
USD
4,852,134
SAR
18,220,000
Goldman Sachs International
9/16/26
1,826
 —
USD
3,371,204
SEK
32,600,000
JPMorgan Chase Bank, N.A.
9/16/26
 —
(60,151
)
USD
6,746,909
SGD
8,680,000
Goldman Sachs International
9/16/26
 —
(42,233
)
USD
84,522,337
ZAR
1,397,365,538
Bank of America, N.A.
9/16/26
225,795
 —
USD
4,743,231
ZAR
80,361,723
Bank of America, N.A.
9/16/26
 —
(104,616
)
USD
1,718,849
ZAR
28,362,765
Barclays Bank PLC
9/16/26
7,856
 —
USD
1,031,819
ZAR
17,386,696
Barclays Bank PLC
9/16/26
 —
(17,039
)
USD
60,315,515
ZAR
1,003,190,874
BNP Paribas
9/16/26
 —
(202,309
)
USD
189,755,690
ZAR
3,146,731,873
Deutsche Bank AG
9/16/26
 —
(71,960
)
USD
36,272,046
ZAR
600,421,619
Goldman Sachs International
9/16/26
51,411
 —
USD
2,968,549
ZAR
49,177,872
HSBC Bank USA, N.A.
9/16/26
1,877
 —
USD
2,966,758
ZAR
49,177,872
HSBC Bank USA, N.A.
9/16/26
87
 —
USD
14,933,251
ZAR
247,691,862
HSBC Bank USA, N.A.
9/16/26
 —
(8,843
)
USD
1,643,943
ZAR
27,841,000
HSBC Bank USA, N.A.
9/16/26
 —
(35,574
)
VND
63,361,000,000
USD
2,383,785
Citibank, N.A.
9/16/26
18,589
 —
MXN
18,200,492
USD
1,036,593
Goldman Sachs International
9/17/26
10,399
 —
MYR
2,940,000
USD
731,707
Barclays Bank PLC
9/17/26
 —
(11,338
)
USD
12,359,065
IDR
220,000,000,000
Societe Generale
9/17/26
207,119
 —
USD
8,987,148
IDR
160,000,000,000
Societe Generale
9/17/26
149,370
 —
USD
85,387
IDR
1,552,595,000
Societe Generale
9/17/26
 —
(373
)
USD
85,555
IDR
1,557,340,000
Societe Generale
9/17/26
 —
(466
)
USD
157,519
IDR
2,867,795,000
Societe Generale
9/17/26
 —
(887
)
USD
193,439
IDR
3,518,270,000
Societe Generale
9/17/26
 —
(896
)
USD
15,924,682
IDR
289,240,000,000
Societe Generale
9/17/26
 —
(51,812
)
USD
1,395,375
MXN
24,500,000
Goldman Sachs International
9/17/26
 —
(13,999
)
USD
1,661,995
MXN
29,181,300
Goldman Sachs International
9/17/26
 —
(16,674
)
USD
6,999,658
MXN
122,900,000
Goldman Sachs International
9/17/26
 —
(70,222
)
USD
14,427,327
MXN
253,315,000
Goldman Sachs International
9/17/26
 —
(144,739
)
USD
305,092,243
MXN
5,374,688,000
Goldman Sachs International
9/17/26
 —
(4,089,228
)
BRL
61,960,000
USD
11,923,371
Societe Generale
10/2/26
134,702
 —
BRL
25,000,000
USD
4,810,699
Societe Generale
10/2/26
54,566
 —
TWD
565,000,000
USD
17,836,229
Societe Generale
10/8/26
 —
(320,542
)
TWD
26,678,800
USD
833,712
Societe Generale
10/13/26
 —
(6,671
)
TWD
53,358,400
USD
1,667,658
Societe Generale
10/13/26
 —
(13,552
)
TWD
80,037,200
USD
2,495,859
Societe Generale
10/13/26
 —
(14,711
)
44
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Forward Foreign Currency Exchange Contracts (OTC) (continued)
Currency Purchased
Currency Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
Unrealized
(Depreciation)
TWD
90,958,448
USD
2,837,371
Societe Generale
10/13/26
$ —
$(17,665
)
TWD
71,484,900
USD
2,234,951
Societe Generale
10/13/26
 —
(18,924
)
TWD
95,689,300
USD
2,987,238
Societe Generale
10/13/26
 —
(20,876
)
TWD
140,792,952
USD
4,400,880
Societe Generale
10/13/26
 —
(36,308
)
USD
2,170,031
KZT
1,052,790,502
Deutsche Bank AG
10/15/26
6,266
 —
USD
483,291
KZT
236,329,174
Deutsche Bank AG
10/15/26
 —
(2,429
)
USD
1,135,870
KZT
554,418,276
Deutsche Bank AG
10/15/26
 —
(3,607
)
USD
1,135,870
KZT
555,326,972
Deutsche Bank AG
10/15/26
 —
(5,474
)
USD
1,135,870
KZT
555,440,559
Deutsche Bank AG
10/15/26
 —
(5,708
)
USD
2,077,645
KZT
1,002,671,434
Deutsche Bank AG
10/27/26
24,736
 —
USD
1,038,822
KZT
502,374,539
Deutsche Bank AG
10/27/26
10,241
 —
USD
1,038,822
KZT
503,413,362
Deutsche Bank AG
10/27/26
8,114
 —
USD
3,416,096
CLP
3,193,195,886
Bank of America, N.A.
10/28/26
 —
(21,027
)
USD
7,275,695
OMR
2,802,227
Standard Chartered Bank
10/29/26
 —
(3,384
)
USD
8,003,264
OMR
3,082,449
Standard Chartered Bank
10/29/26
 —
(3,722
)
USD
8,730,834
OMR
3,362,672
Standard Chartered Bank
10/29/26
 —
(4,061
)
USD
9,607,391
OMR
3,700,277
Standard Chartered Bank
10/29/26
 —
(4,467
)
CLP
2,535,176,352
USD
2,714,128
Societe Generale
10/30/26
14,778
 —
MYR
7,000,000
USD
1,694,915
Barclays Bank PLC
12/16/26
24,362
 —
MYR
2,900,000
USD
708,267
Barclays Bank PLC
12/16/26
4,005
 —
MYR
9,000,000
USD
2,181,871
State Street Bank and Trust Company
12/16/26
28,628
 —
USD
2,713,595
CLP
2,535,176,352
Bank of America, N.A.
1/29/27
 —
(18,231
)
USD
79,742,697
SAR
300,000,000
Standard Chartered Bank
3/3/27
 —
(44,489
)
USD
48,541,424
AED
178,229,545
Deutsche Bank AG
4/1/27
 —
(6,901
)
USD
60,406,519
AED
221,770,455
Standard Chartered Bank
4/1/27
 —
(2,006
)
 
 
 
 
$9,860,812
$(21,914,880
)
 
Forward Volatility Agreements (OTC) 
Reference Entity
Counterparty
Strike
Volatility Rate
Expiration
Date(1)
Notional
Amount
(000s omitted)
Value/Unrealized
Appreciation
(Depreciation)
EUR vs. HUF, 1 year term
BNP Paribas
7.80%
6/15/27
$4,003
$24,867
EUR vs. HUF, 1 year term
JPMorgan Chase Bank, N.A.
8.11
6/11/27
1,871
6,498
 
 
 
 
$31,365
 
(1)
At the expiration date, the Portfolio will purchase from the counterparty an option straddle expiring in 12 months with a strike rate to be determined on
this date.
45
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
Non-Deliverable Bond Forward Contracts1 
Settlement Date
Notional Amount
(000's omitted)
Reference Entity
Counterparty
Aggregate Cost
Unrealized
Appreciation
(Depreciation)
8/10/26
COP
22,996,900
Republic of Colombia,
11.75%, 1/24/35
Goldman Sachs International
$7,288,987
$(134,846
)
9/1/26
COP
44,539,100
Republic of Colombia,
12.50%, 2/27/30
Bank of America, N.A.
14,116,899
(195,533
)
 
 
 
 
$(330,379
)
 
1
Represents a short-term forward contract to purchase the reference entity denominated in a non-deliverable foreign currency.
 
Futures Contracts 
Description
Number of
Contracts
Position
Expiration
Date
Notional
Amount
Value/Unrealized
Appreciation
(Depreciation)
Equity Futures
FTSE Taiwan Index
51
Long
8/28/26
$7,571,970
$50,800
OMX Stockholm 30 Index
237
Long
8/21/26
8,108,903
219,460
STOXX Europe 600 Index
383
Long
6/19/26
14,081,110
5,474
MSCI Emerging Markets Index
(736
)
Short
9/18/26
(60,436,640
)
2,684,488
OMX Stockholm 30 Index
(237
)
Short
6/18/26
(7,905,160
)
(231,819
)
STOXX Europe 600 Banks Index
(326
)
Short
6/19/26
(5,571,988
)
(535,977
)
STOXX Europe 600 Index
(383
)
Short
9/18/26
(14,360,457
)
(242,599
)
Interest Rate Futures
U.S. 2-Year Treasury Note
156
Long
9/30/26
32,075,063
(119,948
)
U.S. 5-Year Treasury Note
15,311
Long
9/30/26
1,622,607,156
(9,035,455
)
U.S. 10-Year Treasury Note
2,916
Long
9/21/26
314,928,000
(3,667,800
)
U.S. Long Treasury Bond
223
Long
9/21/26
24,153,688
(592,869
)
U.S. Ultra 10-Year Treasury Note
205
Long
9/21/26
22,489,141
(205,107
)
U.S. Ultra-Long Treasury Bond
160
Long
9/21/26
17,550,000
(429,883
)
Euro-Bobl
(159
)
Short
9/8/26
(20,872,658
)
122,765
U.S. 2-Year Treasury Note
(62
)
Short
9/30/26
(12,747,781
)
48,889
U.S. 5-Year Treasury Note
(133
)
Short
9/30/26
(14,094,883
)
78,047
U.S. 10-Year Treasury Note
(197
)
Short
9/21/26
(21,276,000
)
235,458
U.S. Long Treasury Bond
(4
)
Short
9/21/26
(433,250
)
25,109
U.S. Ultra 10-Year Treasury Note
(5,057
)
Short
9/21/26
(554,768,703
)
7,411,142
U.S. Ultra-Long Treasury Bond
(6,871
)
Short
9/21/26
(753,662,813
)
16,675,687
 
$12,495,862
46
Global Opportunities Portfolio
July 31, 2026
Consolidated 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
Unamortized
Upfront
Receipts
(Payments)
Unrealized
Appreciation
(Depreciation)
USD
19,500
Pays
Return on CPI-U
(NSA)
(pays upon
termination)
Receives
2.09%
(pays upon
termination)
4/2/29
$(3,091,444
)
$618,266
$(2,473,178
)
 
 
 
 
 
 
 
$(3,091,444
)
$618,266
$(2,473,178
)
 
Inflation Swaps (OTC) 
Counterparty
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)
Bank of America, N.A.
USD
19,500
Receives
Return on CPI-U (NSA)
(pays upon termination)
Pays
2.09%
(pays upon
termination)
4/2/29
$3,094,749
 
 
 
 
 
 
 
$3,094,749
 
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)
CLP
 49,305,000
Receives
6-month Sinacofi Chile
Interbank Rate
(pays semi-annually)
4.97%
(pays semi-annually)
9/16/31
$   571,699
$ —
$571,699
CNY
     81,210
Pays
7-day China Fixing Repo
Rates
(pays quarterly)
1.50%
(pays quarterly)
6/17/31
    21,293
 —
21,293
CNY
    430,000
Pays
7-day China Fixing Repo
Rates
(pays quarterly)
1.57%
(pays quarterly)
6/17/31
   316,907
 —
316,907
CNY
    114,111
Pays
7-day China Fixing Repo
Rates
(pays quarterly)
1.45%
(pays quarterly)
9/16/31
   (15,731)
 —
(15,731
)
CNY
     79,117
Pays
7-day China Fixing Repo
Rates
(pays quarterly)
1.45%
(pays quarterly)
9/16/31
    (7,582)
 —
(7,582
)
CNY
    108,000
Pays
7-day China Fixing Repo
Rates
(pays quarterly)
1.45%
(pays quarterly)
9/16/31
   (13,735)
 —
(13,735
)
CNY
    213,724
Pays
7-day China Fixing Repo
Rates
(pays quarterly)
1.46%
(pays quarterly)
9/16/31
   (18,805)
 —
(18,805
)
47
Global Opportunities Portfolio
July 31, 2026
Consolidated 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)
COP
 73,402,000
Receives
Colombia Overnight
Interbank Reference Rate
(pays quarterly)
10.20%
(pays quarterly)
9/16/31
$   190,425
$ —
$190,425
CZK
    866,700
Receives
6-month CZK PRIBOR
(pays semi-annually)
4.35%
(pays annually)
9/16/31
   337,222
 —
337,222
CZK
    147,000
Receives
6-month CZK PRIBOR
(pays semi-annually)
4.48%
(pays annually)
6/17/36
    82,610
 —
82,610
EUR
     42,040
Receives
6-month EURIBOR
(pays semi-annually)
3.03%
(pays annually)
9/16/31
   165,054
 —
165,054
EUR
     22,659
Receives
6-month EURIBOR
(pays semi-annually)
3.18%
(pays annually)
9/16/36
   171,439
 —
171,439
EUR
        681
Receives
6-month EURIBOR
(pays semi-annually)
3.22%
(pays annually)
9/16/36
     2,240
 —
2,240
EUR
      2,726
Receives
6-month EURIBOR
(pays semi-annually)
3.23%
(pays annually)
9/16/36
     8,156
 —
8,156
EUR
      1,876
Receives
6-month EURIBOR
(pays semi-annually)
3.23%
(pays annually)
9/16/36
     5,336
 —
5,336
EUR
        772
Receives
6-month EURIBOR
(pays semi-annually)
3.23%
(pays annually)
9/16/36
     2,083
 —
2,083
EUR
        681
Receives
6-month EURIBOR
(pays semi-annually)
3.23%
(pays annually)
9/16/36
     1,771
 —
1,771
EUR
        681
Receives
6-month EURIBOR
(pays semi-annually)
3.23%
(pays annually)
9/16/36
     1,637
 —
1,637
EUR
        750
Receives
6-month EURIBOR
(pays semi-annually)
3.23%
(pays annually)
9/16/36
     1,764
 —
1,764
EUR
        681
Receives
6-month EURIBOR
(pays semi-annually)
3.24%
(pays annually)
9/16/36
     1,536
 —
1,536
EUR
      1,510
Receives
6-month EURIBOR
(pays semi-annually)
3.24%
(pays annually)
9/16/36
     3,033
 —
3,033
EUR
      1,363
Receives
6-month EURIBOR
(pays semi-annually)
3.24%
(pays annually)
9/16/36
     2,536
 —
2,536
EUR
        681
Receives
6-month EURIBOR
(pays semi-annually)
3.24%
(pays annually)
9/16/36
     1,201
 —
1,201
EUR
        681
Receives
6-month EURIBOR
(pays semi-annually)
3.24%
(pays annually)
9/16/36
       933
 —
933
EUR
      1,334
Receives
6-month EURIBOR
(pays semi-annually)
3.25%
(pays annually)
9/16/36
     1,171
 —
1,171
EUR
        681
Receives
6-month EURIBOR
(pays semi-annually)
3.25%
(pays annually)
9/16/36
       464
 —
464
HUF
  9,678,000
Receives
6-month HUF BUBOR
(pays semi-annually)
5.16%
(pays annually)
9/16/31
   146,375
 —
146,375
HUF
  2,271,698
Pays
6-month HUF BUBOR
(pays semi-annually)
5.00%
(pays annually)
9/16/36
   (93,824)
 —
(93,824
)
HUF
  1,845,755
Pays
6-month HUF BUBOR
(pays semi-annually)
5.04%
(pays annually)
9/16/36
   (59,044)
 —
(59,044
)
HUF
    283,962
Pays
6-month HUF BUBOR
(pays semi-annually)
5.05%
(pays annually)
9/16/36
    (8,824)
 —
(8,824
)
HUF
  1,618,585
Pays
6-month HUF BUBOR
(pays semi-annually)
5.10%
(pays annually)
9/16/36
   (30,434)
 —
(30,434
)
ILS
    163,000
Receives
3-month ILS TELBOR
(pays annually)
3.49%
(pays annually)
9/16/31
  (102,680)
 —
(102,680
)
48
Global Opportunities Portfolio
July 31, 2026
Consolidated 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
  3,250,000
Pays
1-day INR FBIL MIBOR
(pays semi-annually)
6.77%
(pays semi-annually)
6/17/31
$   592,480
$ —
$592,480
INR
  1,998,000
Receives
1-day INR FBIL MIBOR
(pays semi-annually)
6.44%
(pays semi-annually)
9/16/31
   (13,236)
 —
(13,236
)
INR
  2,198,000
Receives
1-day INR FBIL MIBOR
(pays semi-annually)
6.45%
(pays semi-annually)
9/16/31
   (20,219)
 —
(20,219
)
KRW
 26,226,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.21%
(pays quarterly)
3/18/31
  (566,371)
 —
(566,371
)
KRW
 78,658,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.37%
(pays quarterly)
3/18/31
(1,278,691)
 —
(1,278,691
)
KRW
118,136,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.38%
(pays quarterly)
3/18/31
(1,916,735)
 —
(1,916,735
)
KRW
 61,822,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.38%
(pays quarterly)
3/18/31
  (991,561)
 —
(991,561
)
KRW
 58,993,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.39%
(pays quarterly)
3/18/31
  (938,567)
 —
(938,567
)
KRW
 80,000,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.43%
(pays quarterly)
3/18/31
(1,173,241)
 —
(1,173,241
)
KRW
159,000,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.43%
(pays quarterly)
3/18/31
(2,323,382)
 —
(2,323,382
)
KRW
159,000,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.44%
(pays quarterly)
3/18/31
(2,240,723)
 —
(2,240,723
)
KRW
104,065,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.47%
(pays quarterly)
3/18/31
(1,371,847)
 —
(1,371,847
)
KRW
 61,500,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.92%
(pays quarterly)
6/17/31
    41,898
 —
41,898
KRW
 28,080,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
3.99%
(pays quarterly)
6/17/31
    81,683
 —
81,683
KRW
 42,861,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
4.03%
(pays quarterly)
6/17/31
   177,723
 —
177,723
KRW
 56,025,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
4.05%
(pays quarterly)
6/17/31
   282,231
 —
282,231
KRW
 36,068,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
4.10%
(pays quarterly)
9/16/31
   125,470
 —
125,470
KRW
 33,854,000
Pays
3-month KRW Certificate
of Deposit Rate
(pays quarterly)
4.12%
(pays quarterly)
9/16/31
   139,422
 —
139,422
MXN
  1,983,500
Pays
Mexico Interbank TIIE
28 Day
(pays monthly)
7.46%
(pays monthly)
6/14/28
   825,073
 —
825,073
49
Global Opportunities Portfolio
July 31, 2026
Consolidated 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)
MXN
    344,000
Pays
Mexico Interbank TIIE
28 Day
(pays monthly)
7.19%
(pays monthly)
7/26/28
$    26,347
$ —
$26,347
MXN
     25,000
Pays
Mexico Interbank TIIE
28 Day
(pays monthly)
7.28%
(pays monthly)
9/14/28
     1,638
 —
1,638
MXN
    212,000
Pays
Mexico Interbank TIIE
28 Day
(pays monthly)
7.40%
(pays monthly)
9/14/28
    42,225
 —
42,225
MYR
    291,000
Receives
3-month MYR KLIBOR
(pays quarterly)
3.58%
(pays quarterly)
6/18/31
   318,368
 —
318,368
MYR
    179,000
Receives
3-month MYR KLIBOR
(pays quarterly)
3.59%
(pays quarterly)
6/18/31
   191,696
 —
191,696
MYR
    160,372
Receives
3-month MYR KLIBOR
(pays quarterly)
3.59%
(pays quarterly)
6/18/31
   161,560
 —
161,560
MYR
    118,000
Receives
3-month MYR KLIBOR
(pays quarterly)
3.59%
(pays quarterly)
6/18/31
   116,148
 —
116,148
MYR
    180,000
Receives
3-month MYR KLIBOR
(pays quarterly)
3.60%
(pays quarterly)
6/18/31
   155,344
 —
155,344
MYR
    195,000
Receives
3-month MYR KLIBOR
(pays quarterly)
3.61%
(pays quarterly)
6/18/31
   163,785
 —
163,785
MYR
    109,000
Receives
3-month MYR KLIBOR
(pays quarterly)
3.61%
(pays quarterly)
6/18/31
    89,034
 —
89,034
MYR
     62,860
Receives
3-month MYR KLIBOR
(pays quarterly)
3.61%
(pays quarterly)
6/18/31
    50,983
 —
50,983
MYR
    327,200
Receives
3-month MYR KLIBOR
(pays quarterly)
3.61%
(pays quarterly)
6/18/31
   238,924
 —
238,924
MYR
    108,833
Receives
3-month MYR KLIBOR
(pays quarterly)
3.61%
(pays quarterly)
6/18/31
    83,870
 —
83,870
MYR
     69,180
Receives
3-month MYR KLIBOR
(pays quarterly)
3.62%
(pays quarterly)
6/18/31
    48,918
 —
48,918
MYR
     61,200
Receives
3-month MYR KLIBOR
(pays quarterly)
3.63%
(pays quarterly)
6/18/31
    36,912
 —
36,912
MYR
     50,754
Receives
3-month MYR KLIBOR
(pays quarterly)
3.63%
(pays quarterly)
6/18/31
    29,733
 —
29,733
MYR
     95,897
Receives
3-month MYR KLIBOR
(pays quarterly)
3.63%
(pays quarterly)
6/18/31
    56,074
 —
56,074
MYR
     75,910
Receives
3-month MYR KLIBOR
(pays quarterly)
3.63%
(pays quarterly)
6/18/31
    43,155
 —
43,155
MYR
     91,770
Receives
3-month MYR KLIBOR
(pays quarterly)
3.63%
(pays quarterly)
6/18/31
    50,581
 —
50,581
MYR
    109,180
Receives
3-month MYR KLIBOR
(pays quarterly)
3.63%
(pays quarterly)
6/18/31
    57,662
 —
57,662
MYR
     89,103
Receives
3-month MYR KLIBOR
(pays quarterly)
3.63%
(pays quarterly)
6/18/31
    46,442
 —
46,442
MYR
     32,180
Receives
3-month MYR KLIBOR
(pays quarterly)
3.64%
(pays quarterly)
6/18/31
    15,878
 —
15,878
MYR
     47,091
Receives
3-month MYR KLIBOR
(pays quarterly)
3.64%
(pays quarterly)
6/18/31
    20,787
 —
20,787
MYR
     71,180
Receives
3-month MYR KLIBOR
(pays quarterly)
3.64%
(pays quarterly)
6/18/31
    27,722
 —
27,722
50
Global Opportunities Portfolio
July 31, 2026
Consolidated 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)
MYR
     50,290
Receives
3-month MYR KLIBOR
(pays quarterly)
3.65%
(pays quarterly)
6/18/31
$    17,553
$ —
$17,553
MYR
    181,900
Receives
3-month MYR KLIBOR
(pays quarterly)
3.70%
(pays quarterly)
9/17/31
    27,722
 —
27,722
MYR
    150,100
Receives
3-month MYR KLIBOR
(pays quarterly)
3.70%
(pays quarterly)
9/17/31
    22,038
 —
22,038
PLN
    154,000
Receives
6-month PLN WIBOR
(pays semi-annually)
4.20%
(pays annually)
9/16/31
   380,980
 —
380,980
PLN
    399,914
Receives
6-month PLN WIBOR
(pays quarterly)
4.49%
(pays annually)
8/12/32
   355,696
 —
355,696
PLN
    399,914
Pays
6-month PLN WIBOR
(pays semi-annually)
4.59%
(pays annually)
8/12/32
  (318,869)
 —
(318,869
)
PLN
  1,716,360
Receives
6-month PLN WIBOR
(pays quarterly)
4.61%
(pays annually)
9/9/32
   691,662
 —
691,662
PLN
  1,716,360
Pays
6-month PLN WIBOR
(pays semi-annually)
4.71%
(pays annually)
9/9/32
  (574,134)
 —
(574,134
)
PLN
     35,258
Receives
6-month PLN WIBOR
(pays semi-annually)
4.77%
(pays annually)
6/17/36
   (51,092)
 —
(51,092
)
PLN
     18,985
Receives
6-month PLN WIBOR
(pays semi-annually)
4.79%
(pays annually)
6/17/36
   (35,689)
 —
(35,689
)
THB
    511,139
Receives
Thai Overnight Repurchase
Rate
(pays quarterly)
1.74%
(pays quarterly)
9/16/31
    34,142
 —
34,142
THB
    445,513
Receives
Thai Overnight Repurchase
Rate
(pays quarterly)
1.75%
(pays quarterly)
9/16/31
    27,180
 —
27,180
THB
    583,048
Receives
Thai Overnight Repurchase
Rate
(pays quarterly)
1.75%
(pays quarterly)
9/16/31
    33,882
 —
33,882
TWD
    139,000
Receives
3-month TWD TAIBOR
(pays quarterly)
2.29%
(pays quarterly)
6/17/31
     2,447
 —
2,447
TWD
    118,000
Receives
3-month TWD TAIBOR
(pays quarterly)
2.30%
(pays quarterly)
6/17/31
     1,571
 —
1,571
TWD
    138,000
Receives
3-month TWD TAIBOR
(pays quarterly)
2.30%
(pays quarterly)
6/17/31
        62
 —
62
TWD
    160,000
Receives
3-month TWD TAIBOR
(pays quarterly)
2.32%
(pays quarterly)
6/17/31
    (3,360)
 —
(3,360
)
TWD
  1,426,000
Receives
3-month TWD TAIBOR
(pays quarterly)
2.36%
(pays quarterly)
6/17/31
  (102,346)
 —
(102,346
)
TWD
     39,500
Receives
3-month TWD TAIBOR
(pays quarterly)
2.22%
(pays quarterly)
9/16/31
     8,395
 —
8,395
TWD
     94,000
Receives
3-month TWD TAIBOR
(pays quarterly)
2.22%
(pays quarterly)
9/16/31
    19,913
 —
19,913
TWD
    100,000
Receives
3-month TWD TAIBOR
(pays quarterly)
2.22%
(pays quarterly)
9/16/31
    20,977
 —
20,977
TWD
    126,000
Receives
3-month TWD TAIBOR
(pays quarterly)
2.23%
(pays quarterly)
9/16/31
    25,477
 —
25,477
TWD
    136,500
Receives
3-month TWD TAIBOR
(pays quarterly)
2.23%
(pays quarterly)
9/16/31
    27,130
 —
27,130
51
Global Opportunities Portfolio
July 31, 2026
Consolidated 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)
ZAR
  1,643,200
Pays
3-month ZAR JIBAR
(pays quarterly)
8.47%
(pays quarterly)
9/17/35
$ 1,726,219
$ —
$1,726,219
Total
 
 
 
 
 
$(4,471,025)
$ —
$(4,471,025
)
 
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)
JPMorgan Chase Bank, N.A.
TRY
348,367
Receives
1-day TRY TRLEF
(pays quarterly)
39.34%
(pays quarterly)
6/3/27
$(29,636)
JPMorgan Chase Bank, N.A.
TRY
348,367
Receives
1-day TRY TRLEF
(pays quarterly)
39.37%
(pays quarterly)
6/4/27
(31,495)
JPMorgan Chase Bank, N.A.
TRY
348,366
Receives
1-day TRY TRLEF
(pays quarterly)
39.35%
(pays quarterly)
6/12/27
(34,148)
JPMorgan Chase Bank, N.A.
TRY
204,214
Receives
1-day TRY TRLEF
(pays annually)
37.48%
(pays annually)
6/3/28
 37,173
Total
 
 
 
 
 
$(58,106)
 
Credit Default Swaps - Buy Protection (Centrally Cleared) 
 
Reference Entity
Notional
Amount
(000's omitted)
Contract
Annual
Fixed Rate(1)
Termination
Date
Value
Unamortized
Upfront
Receipts
(Payments)
Unrealized
Appreciation
(Depreciation)
Indonesia
$
67,800
1.00%
(pays quarterly)(2)
6/20/31
$(268,038
)
$237,307
$(30,731
)
Korea
 
53,000
1.00%
(pays quarterly)(2)
6/20/31
(1,859,926
)
1,803,039
(56,887
)
Markit CDX Emerging Markets Index
(CDX.EM.43.V1)
 
50
1.00%
(pays quarterly)(2)
6/20/30
19
(1,358
)
(1,339
)
Occidental Petroleum Corp.
 
36,570
1.00%
(pays quarterly)(2)
6/20/31
(524,346
)
359,441
(164,905
)
Petroleo Brasileiro S.A.
 
15,372
1.00%
(pays quarterly)(2)
6/20/31
193,248
(312,201
)
(118,953
)
Qatar
 
20,000
1.00%
(pays quarterly)(2)
6/20/31
(571,834
)
576,027
4,193
Total
 
 
$(3,030,877
)
$2,662,255
$(368,622
)
52
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
Credit Default Swaps - Sell Protection (OTC) 
Reference Entity
Counterparty
Notional
Amount(3)
(000's omitted)
Contract Annual
Fixed Rate(1)
Current
Market
Annual
Fixed Rate(4)
Termination
Date
Value
Unamortized
Upfront
Receipts
(Payments)
Unrealized
Appreciation
(Depreciation)
U.K. Single
Family Rental
Goldman Sachs
International
$11,220
4.50%
(pays quarterly)
4.60
%
1/25/32
$(12,499
)
$15,392
$2,893
U.S. Land
Banking
Goldman Sachs
International
110,000
5.50%
(pays monthly)
6.01
10/10/29
(1,347,415
)
 —
(1,347,415
)
U.S. Single
Family Rental
Goldman Sachs
International
20,470
7.85%
(pays monthly)
8.22
3/18/28
151,599
11,442
163,041
Total
 
$141,690
 
$(1,208,315
)
$26,834
$(1,181,481
)
 
(1)
The contract annual fixed rate represents the fixed rate of interest received by the Portfolio (as a seller of protection) or paid by the Portfolio (as a buyer
of protection) on the notional amount of the credit default swap contract.
(2)
Upfront payment is exchanged with the counterparty as a result of the standardized trading coupon.
(3)
If the Portfolio is the seller of credit protection, the notional amount is the maximum potential amount of future payments the Portfolio could be required
to make if a credit event, as defined in the credit default swap agreement, were to occur. At July 31, 2026, such maximum potential amount for all
open credit default swaps in which the Portfolio is the seller was $141,690,000.
(4)
Current market annual fixed rates, utilized in determining the net unrealized appreciation or depreciation as of period end, serve as an indicator of the
market’s perception of the current status of the payment/performance risk associated with the credit derivative. The current market annual fixed rate of a
particular reference entity reflects the cost, as quoted by the pricing vendor, of selling protection against default of that entity as of period end and may
include upfront payments required to be made to enter into the agreement. The higher the fixed rate, the greater the market perceived risk of a credit
event involving the reference entity. A rate identified as “Defaulted” indicates a credit event has occurred for the reference entity.
 
Total Return Swaps (OTC) 
Counterparty
Notional Amount
(000's omitted)
Portfolio Receives
Portfolio Pays
Termination
Date
Value/Unrealized
Appreciation
(Depreciation)
Bank of America, N.A.
USD
75,571
Positive return on
Diversified Volatility Risk
Premium Strategy (pays
monthly)
Negative return on
Diversified Volatility Risk
Premium Strategy (pays
monthly)
1/8/27
$517,949
Bank of America, N.A.
USD
15,000
Positive return on
Diversified Volatility Risk
Premium Strategy (pays
monthly)
Negative return on
Diversified Volatility Risk
Premium Strategy (pays
monthly)
1/8/27
(80,492
)
Bank of America, N.A.
USD
15,000
Positive return on
Diversified Volatility Risk
Premium Strategy (pays
monthly)
Negative return on
Diversified Volatility Risk
Premium Strategy (pays
monthly)
1/8/27
107,372
Goldman Sachs
International
USD
2,530
SOFR - 0.25% on
Notional Amount (pays
upon termination)
Total Return on iShares
Semiconductor ETF (pays
upon termination)
8/5/26
 —
JPMorgan Chase Bank,
N.A.
AUD
7,022
Australian Overnight
Index Average Rate on
Notional Amount (pays
upon termination)
Total Return on S&P/ASX
200 Banks Index (pays
upon termination)
11/30/26
(329,056
)
JPMorgan Chase Bank,
N.A.
AUD
3,458
Australian Overnight
Index Average Rate on
Notional Amount (pays
upon termination)
Total Return on S&P/ASX
200 Banks Index (pays
upon termination)
11/30/26
(290,805
)
53
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Total Return Swaps (OTC) (continued)
Counterparty
Notional Amount
(000's omitted)
Portfolio Receives
Portfolio Pays
Termination
Date
Value/Unrealized
Appreciation
(Depreciation)
JPMorgan Chase Bank,
N.A.
USD
19,709
Total Return on
EGP 1,163,725,000 Egypt
Treasury Bills, 0.00%,
3/16/27 (pays upon
termination)
SOFR + 0.75% on
Notional Amount (pays
upon termination)
3/16/27
$(99,411
)
JPMorgan Chase Bank,
N.A.
USD
100,000
Total Return on iBoxx
USD Liquid High Yield
Index (pays quarterly)
SOFR (pays quarterly)
12/20/26
(149,568
)
Standard Chartered Bank
USD
22,257
Total Return on
EGP 1,143,825,000 Egypt
Treasury Bills, 0.00%,
9/15/26 (pays upon
termination)
SOFR + 0.75% on
Notional Amount (pays
upon termination)
9/15/26
(603,025
)
Standard Chartered Bank
USD
31,573
Total Return on
EGP 1,830,125,000 Egypt
Treasury Bills, 0.00%,
3/16/27 (pays upon
termination)
SOFR + 0.75% on
Notional Amount (pays
upon termination)
10/14/26
(742,543
)
UBS AG
USD
197,233
Positive return on
Diversified Volatility Risk
Premia Strategy*(a) (pays
monthly)
Negative return on
Diversified Volatility Risk
Premia Strategy*(a) (pays
monthly)
4/7/27
2,690,664
 
 
 
 
 
$1,021,085
 
(a) The Components of the Volatility Swap along with the value of each Component are listed below:
 
Component
Notional Amount
(000's omitted)
Value/Unrealized
Appreciation
(Depreciation)
Percentage of Notional
Amount
AU Short Variance Replication Strategy(1)
$16,863
$589,915
8.6
%
EU Short Variance Replication Strategy(2)
11,933
342,717
6.1
US 5-Year Rates Short Volatility Strategy(3)
14,871
202,876
7.5
Gold Short Volatility Strategy(4)
22,366
105,197
11.3
US Equity (NASDAQ) Upside Volatility Premium Strategy(5)
25,700
(409,118
)
13.0
USD Swaption Triangle L1 Strategy(6)
20,414
858,264
10.4
US 10-Year Rates Short Volatility Strategy(7)
10,158
78,592
5.2
US Short Variance Replication Strategy(8)
14,871
542,747
7.5
US Equity (S&P) Upside Volatility Premium Strategy(9)
23,392
179,166
11.9
Brent Volatility Carry with Protection Strategy(10)
11,735
(99,807
)
5.9
WTI Volatility Carry with Protection Strategy(11)
10,828
(92,192
)
5.5
VIX Volatility Carry with Protection Strategy(12)
14,102
392,307
7.1
Total
$197,233
$2,690,664
100.0
%
 
(1)
The strategy seeks to replicate short variance exposure to the S&P/ASX 200 Index by combining a position in the underlying index with an option
overlay. The option overlay consists of exchange-traded written put and call options on the S&P/ASX 200 Index.
(2)
The strategy seeks to replicate short variance exposure to the EURO STOXX 50 Index by combining a short futures position in the underlying index with
an option overlay. The option overlay consists of exchange-traded written put and call options on the EURO STOXX 50 Index.
(3)
The strategy seeks to replicate short variance exposure to the S&P 500 Index by combining a short futures position in the underlying index with an
option overlay. The option overlay consists of exchange-traded written put and call options on the S&P 500 Index.
54
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
(4)
The strategy seeks to provide exposure to long-dated U.S. dollar interest rates by combining positions in 30-year interest rate swap indexes with an
overlay of swaption contracts. The overlay consists of both written and purchased swaptions with 30-, 20-, and 10-year maturities.
(5)
The strategy seeks to replicate short variance exposure to gold by combining a position in the SPDR Gold Trust (GLD) ETF with an option overlay. The
option overlay consists of exchange-traded written put and call options on GLD ETF.
(6)
The strategy seeks to provide exposure to Brent crude oil by holding long futures positions across multiple maturities, complemented by an option
overlay. This overlay consists of both purchased and written put and call options on Brent crude oil futures.
(7)
The strategy seeks to provide exposure to WTI crude oil by holding long futures positions across a range of maturities, complemented by an option
overlay. This overlay consists of both purchased and written put and call options on WTI crude oil futures.
(8)
The strategy seeks to provide exposure to volatility in U.S. equity markets by holding short futures positions on the S&P 500 VIX index, complemented
by an option overlay. This overlay consists of written put and call options, as well as purchased call options on VIX futures.
(9)
The strategy seeks to capture the volatility risk premium in 5-Year treasury futures. The strategy consists of written options and a position in the
underlying futures.
(10)
The strategy seeks to generate positive returns by monetizing the implied vs. realized volatility premia in the U.S. equity market. This strategy consists
of exchange-traded written put and call options on the NASDAQ Index, combined with a futures position in the underlying index.
(11)
The strategy seeks to capture the volatility risk premium in 10-Year treasury futures. The strategy consists of written options and a position in the
underlying futures.
(12)
The strategy seeks to generate positive returns by monetizing the implied vs. realized volatility premia in the U.S. equity market. This strategy consists
of exchange-traded written put and call options on the S&P 500 Index, combined with a futures position in the underlying index.
 
Abbreviations:
ABS
– Asset-Backed Securities
ADR
– American Depositary Receipt
BUBOR
– Budapest Interbank Offered Rate
COF
– Cost of Funds 11th District
CPI-U (NSA)
– Consumer Price Index for All Urban Consumers (Not
Seasonally Adjusted)
EURIBOR
– Euro Interbank Offered Rate
FBIL
– Financial Benchmarks India Ltd.
FTSE
– Financial Times Stock Exchange
GDR
– Global Depositary Receipt
JIBAR
– Johannesburg Interbank Average Rate
KLIBOR
– Kuala Lumpur Interbank Offered Rate
MIBOR
– Mumbai Interbank Offered Rate
 
OTC
– Over-the-counter
PIK
– Payment In Kind
PRIBOR
– Prague Interbank Offered Rate
SOFR
– Secured Overnight Financing Rate
SONIA
– Sterling Overnight Interbank Average
STACR
– Structured Agency Credit Risk
TAIBOR
– Taipei Interbank Offered Rate
TBA
– To Be Announced
TELBOR
– Tel Aviv Interbank Offered Rate
TRLEF
Turkish Lira Overnight Reference Rate
WIBOR
– Warsaw Interbank Offered Rate
 
 
Currency Abbreviations:
AED
– United Arab Emirates Dirham
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
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
KZT
– Kazakhstani Tenge
MXN
– Mexican Peso
MYR
– Malaysian Ringgit
NZD
– New Zealand Dollar
OMR
– Omani Rial
PEN
– Peruvian Sol
PHP
– Philippine Peso
PLN
– Polish Zloty
RSD
– Serbian Dinar
SAR
– Saudi Riyal
55
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
 
SEK
– Swedish Krona
SGD
– Singapore Dollar
THB
– Thai Baht
TRY
– Turkish Lira
TWD
– New Taiwan Dollar
 
USD
– United States Dollar
UZS
– Uzbekistani Som
VND
– Viet Nam Dong
ZAR
– South African Rand
Basis for Consolidation
The Portfolio seeks to gain exposure to the commodity markets, in whole or in part, through investments in Eaton Vance GOP Commodity Subsidiary, Ltd. (the Subsidiary), a wholly-owned subsidiary of the Portfolio organized under the laws of the Cayman Islands with the same objective and investment policies and restrictions as the Portfolio. The net assets of the Subsidiary at July 31, 2026 were $22,728,094 or 0.2% of the Portfolio’s consolidated net assets. The Consolidated Portfolio of Investments includes positions of the Portfolio and the Subsidiary.
In the normal course of pursuing its investment objective, the Portfolio is subject to the following risks:
Credit Risk: The Portfolio entered into credit default swaps and swaptions to manage certain investment risks and/or to enhance total return or as a substitute for the purchase or sale of securities.
Equity Price Risk: The Portfolio entered into total return swaps to enhance total return.
Foreign Exchange Risk: The Portfolio engaged in forward foreign currency exchange contracts, currency options, forward volatility agreements 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 utilized various interest rate derivatives including non-deliverable bond forward contracts, interest rate futures contracts, interest rate swaps and swaptions, inflation swaps and total return swaps to enhance total return, to seek to hedge against fluctuations in interest rates and/or to change the effective duration of its portfolio.
At July 31, 2026, the Portfolio had sufficient cash and/or securities to cover commitments under open derivative contracts.
56
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
Restricted Securities
At July 31, 2026, the Portfolio owned the following securities (representing 0.9% of net assets) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Portfolio has various registration rights (exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees’ valuation designee. 
Description
Date(s) of
Acquisition
Principal Amount/
Shares
Cost
Value
Convertible Preferred Stocks
 
QXO, Inc., 4.75%
3/20/26, 6/25/26
3,021
$30,211,329
$21,671,357
Total Convertible Preferred Stocks
 
$30,211,329
$21,671,357
Insurance Linked Securities
 
Mt. Logan Re Ltd., Series 13, Participating Units
1/2/18
10,000
$6,658,283
$39,598,553
Mt. Logan Re Ltd., Series 17, Participating Units
1/26/21
860
572,931
3,360,740
Mt. Logan Re Ltd., Series 19, Participating Units
2/6/24
7,464
7,463,900
17,763,930
PartnerRe ILS Fund SAC Ltd.
1/2/24
34,000,000
34,000,000
49,640,000
Total Insurance Linked Securities
 
$48,695,114
$110,363,223
Preferred Stocks
 
AH Parent, Inc. (Alliant), Series A
9/25/24
$8,224,000
$8,104,000
$8,243,614
Total Preferred Stocks
 
$8,104,000
$8,243,614
Total Restricted Securities
 
$87,010,443
$140,278,194
Affiliated Investments
At July 31, 2026, the value of the Portfolio's investment in in funds that may be deemed to be affiliated was $885,770,468, which represents 5.9% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the fiscal year to date ended July 31, 2026 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)
$279,205,233
$8,032,691,861
$(7,426,126,626)
$ —
$ —
$885,770,468
$28,488,726
885,770,468
 
(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.
57
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
At July 31, 2026, 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
Asset-Backed Securities
$ —
$895,650,989
$ —
$895,650,989
Closed-End Funds
7,417,279
 —
 —
7,417,279
Collateralized Mortgage Obligations
 —
5,705,292,144
 —
5,705,292,144
Commercial Mortgage-Backed Securities
 —
1,098,956,279
 —
1,098,956,279
Common Stocks
18,002,991
118,613,260
*
 —
136,616,251
Convertible Bonds
 —
303,141,846
 —
303,141,846
Convertible Preferred Stocks
8,287,846
 —
21,671,357
29,959,203
Corporate Bonds
 —
886,263,071
 —
886,263,071
Foreign Corporate Bonds
 —
839,380,191
0
839,380,191
Government National Mortgage Association Participation
Agreements
 —
200,561,870
 —
200,561,870
Insurance Linked Securities
 —
 —
565,732,867
565,732,867
Preferred Stocks
14,835,524
10,082,814
 —
24,918,338
Senior Floating-Rate Loans (Less Unfunded Loan
Commitments)
 —
121,653,844
28,489,792
150,143,636
Sovereign Government Bonds
 —
2,090,974,392
 —
2,090,974,392
U.S. Government Agency Commercial Mortgage-Backed
Securities
 —
11,714,978
 —
11,714,978
U.S. Government Agency Mortgage-Backed Securities
 —
3,823,842,347
 —
3,823,842,347
U.S. Government Guaranteed Small Business Administration
Loans
 —
5,207,990
 —
5,207,990
Short-Term Investments:
Affiliated Fund
885,770,468
 —
 —
885,770,468
Sovereign Government Securities
 —
69,714,188
 —
69,714,188
U.S. Treasury Obligations
 —
115,323,796
 —
115,323,796
Purchased Currency Options
 —
402,473
 —
402,473
Purchased Interest Rate Swaptions
 —
1,039,601
 —
1,039,601
Purchased Put Options
721,470
 —
 —
721,470
Total Investments
$935,035,578
$16,297,816,073
$615,894,016
$17,848,745,667
Forward Foreign Currency Exchange Contracts
$ —
$17,124,802
$ —
$17,124,802
Forward Volatility Agreements
 —
31,365
 —
31,365
Futures Contracts
27,506,519
50,800
 —
27,557,319
Swap Contracts
 —
16,592,470
 —
16,592,470
Total
$962,542,097
$16,331,615,510
$615,894,016
$17,910,051,623
Liability Description 
 
 
 
 
Written Currency Options
$ —
$(599,764
)
$ —
$(599,764
)
Forward Foreign Currency Exchange Contracts
 —
(71,970,027
)
 —
(71,970,027
)
Non-Deliverable Bond Forward Contracts
 —
(330,379
)
 —
(330,379
)
Futures Contracts
(15,061,457
)
 —
 —
(15,061,457
)
Swap Contracts
 —
(24,336,403
)
 —
(24,336,403
)
Total
$(15,061,457
)
$(97,236,573
)
$ —
$(112,298,030
)
 
*
Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that
occurred after the close of trading in their applicable foreign markets.
58
Global Opportunities Portfolio
July 31, 2026
Consolidated Portfolio of Investments (Unaudited) — continued
The following is a reconciliation of Level 3 investments for which significant unobservable inputs were used to determine fair value: 
 
Convertible
Preferred Stocks
Foreign
Corporate Bonds
Insurance
Linked
Securities*
Loan
Participation Notes
Senior
Floating-Rate
Loans
Total
Balance as of October 31, 2025
$ —
$0
$201,424,147
$153,735
$—
$201,577,882
Realized gains (losses)
 —
 —
115,452
(4,864
)
2,588
113,176
Change in net unrealized appreciation
(depreciation)
(8,539,972
)
 —
34,923,507
2,782
272,724
26,659,041
Cost of purchases
30,211,329
22,372
370,695,756
 —
28,234,907
429,164,364
Proceeds from sales, including return of
capital
 —
(22,372
)
(74,561,295
)
(153,663
)
(76,525
)
(74,813,855
)
Accrued discount (premium)
 —
 —
 —
2,010
56,098
58,108
Transfers to Level 3
 —
 —
 —
 —
 —
 —
Transfers from Level 3
 —
 —
 —
 —
 —
 —
Balance as of July 31, 2026
$21,671,357
$0
$532,597,567
$ —
$28,489,792
$582,758,716
Change in net unrealized appreciation
(depreciation) on investments still held as
of July 31, 2026
$(8,539,972
)
$0
$37,363,567
$ —
$272,723
$29,096,318
 
*
The Portfolio’s investments in Insurance Linked Securities were primarily valued on the basis of broker quotations.
The following is a summary of quantitative information about significant unobservable valuation inputs for Level 3 investments held as of July 31, 2026: 
Type of Investment
Fair Value as of
July 31, 2026
Valuation Technique
Unobservable Input
Input
Impact to
Valuation from an
Increase to Input*
Convertible Preferred Stocks
$21,671,357
Hybrid bond and
option-pricing model
Liquidity Discount Percentage
20%
Decrease
Foreign Corporate Bonds
0
Estimated Recovery
Value
Estimated Recovery Value Percentage
  0%
Increase
 
*
Represents the directional change in the fair value of the Level 3 investments that would result from an increase to the corresponding unobservable
input. A decrease to the unobservable input would have the opposite effect.
Investment Valuation - Derivatives. Forward volatility agreements are valued by a third party pricing service using techniques that consider factors including the volatility of the underlying instrument and the period of time until expiration.
Forward Volatility Agreements - Forward volatility agreements are transactions in which two parties agree to the purchase or sale of an option straddle on an underlying exchange rate at the expiration of the agreement. The strike volatility rate is determined at the trade date. At expiration, the amount settled is determined based on the Black Scholes formula, the then current spot exchange rate, interest rates, and the agreed upon implied volatility, and is recorded as a realized gain or loss. Changes in the value of the forward volatility agreement prior to the expiration date are recorded as unrealized gains or losses. The primary risk associated with forward volatility agreements is the change in the volatility of the underlying exchange rate.
For additional information on the Portfolio's policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio's most recent annual or semi-annual financial statements.
59