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Credit Exposures by Country (contribution to credit spread duration in years)1 as of May 31, 2019

Ukraine 0.40
Indonesia 0.38
Bahrain 0.34
Argentina 0.33
El Salvador 0.23
Turkey 0.13
Dominican Republic 0.12
Benin 0.08
Iceland 0.05
Tanzania 0.04
Lebanon 0.03
Costa Rica 0.02
China 0.01
Georgia 0.01
Moldova 0.01
Kenya 0.01
Colombia 0.01
India 0.01
Cyprus 0.01
Ethiopia 0.00
Mongolia 0.00
Rwanda 0.00
Croatia 0.00
Oman -0.06
Russia -0.28
Qatar -0.29
South Africa -0.40
Malaysia -0.50

1. Spread duration is the sensitivity of a bond's price given changes in yield spreads. Based on option-adjusted credit spread duration relative to net assets.