Asset Allocation

As of November 30, 2025.
Type % Net
Cash -13.41%
Stock 0.26%
Bond 98.17%
Convertible 0.10%
Preferred 0.74%
Other 14.15%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 7.25%
Corporate 84.88%
Securitized 3.55%
Municipal 0.00%
Other 4.32%
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Region Exposure

% Developed Markets: 78.18%    % Emerging Markets: 4.15%    % Unidentified Markets: 17.67%

Americas 64.08%
61.25%
Canada 2.58%
United States 58.67%
2.83%
Brazil 0.00%
Chile 0.08%
Colombia 0.16%
Mexico 1.06%
Peru 0.23%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.00%
United Kingdom 3.35%
7.62%
Austria 0.00%
Denmark 0.03%
Finland 0.32%
France 1.54%
Germany 0.13%
Greece 0.01%
Ireland 1.15%
Italy 0.29%
Netherlands 0.60%
Norway 0.07%
Spain 0.60%
Switzerland 0.89%
0.87%
Turkey 0.24%
1.16%
Egypt 0.11%
Nigeria 0.19%
Saudi Arabia 0.52%
Greater Asia 5.25%
Japan 3.45%
0.69%
Australia 0.69%
1.03%
Hong Kong 0.43%
Singapore 0.01%
South Korea 0.59%
0.09%
China 0.00%
Unidentified Region 17.67%

Bond Credit Quality Exposure

AAA 0.10%
AA 6.25%
A 35.16%
BBB 43.20%
BB 10.83%
B 1.68%
Below B 0.02%
    CCC 0.01%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 2.71%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.35%
Less than 1 Year
1.35%
Intermediate
56.37%
1 to 3 Years
5.81%
3 to 5 Years
14.61%
5 to 10 Years
35.96%
Long Term
39.18%
10 to 20 Years
11.79%
20 to 30 Years
20.32%
Over 30 Years
7.08%
Other
3.09%
As of November 30, 2025
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