Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.63%
Stock 0.98%
Bond 92.56%
Convertible 0.57%
Preferred 0.86%
Other 2.39%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 42.80%
Corporate 46.55%
Securitized 0.00%
Municipal 0.00%
Other 10.66%
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Region Exposure

% Developed Markets: 87.59%    % Emerging Markets: 7.15%    % Unidentified Markets: 5.26%

Americas 63.51%
59.61%
Canada 19.10%
United States 40.51%
3.89%
Argentina 0.39%
Mexico 2.46%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 24.62%
United Kingdom 2.29%
18.84%
Belgium 1.89%
Denmark 0.14%
France 0.04%
Germany 7.64%
Italy 0.71%
Netherlands 1.08%
Norway 1.16%
Portugal 1.54%
Spain 3.91%
Switzerland 0.37%
1.60%
Poland 0.25%
1.89%
Israel 0.02%
South Africa 1.72%
Greater Asia 6.62%
Japan 1.14%
4.93%
Australia 3.09%
0.34%
Hong Kong 0.06%
Singapore 0.24%
South Korea 0.03%
0.22%
China 0.03%
Philippines 0.19%
Unidentified Region 5.26%

Bond Credit Quality Exposure

AAA 19.72%
AA 10.07%
A 3.18%
BBB 8.04%
BB 17.58%
B 13.92%
Below B 3.98%
    CCC 3.90%
    CC 0.00%
    C 0.08%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.08%
Not Available 23.43%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
3.12%
Less than 1 Year
3.12%
Intermediate
85.30%
1 to 3 Years
22.75%
3 to 5 Years
38.87%
5 to 10 Years
23.68%
Long Term
11.57%
10 to 20 Years
3.33%
20 to 30 Years
0.80%
Over 30 Years
7.44%
Other
0.00%
As of November 30, 2025
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