Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.50%
Stock 0.00%
Bond 86.56%
Convertible 0.00%
Preferred 1.24%
Other 11.70%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 25.90%
Corporate 38.03%
Securitized 27.05%
Municipal 0.00%
Other 9.03%
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Region Exposure

% Developed Markets: 81.18%    % Emerging Markets: 4.97%    % Unidentified Markets: 13.85%

Americas 57.80%
55.70%
Canada 8.82%
United States 46.88%
2.10%
Mexico 1.60%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 23.82%
United Kingdom 6.14%
16.53%
Finland 0.07%
France 3.65%
Germany 6.33%
Ireland 0.33%
Netherlands 3.74%
Spain 0.67%
Switzerland 0.70%
0.38%
0.77%
Saudi Arabia 0.61%
Greater Asia 4.53%
Japan 2.86%
0.97%
Australia 0.92%
0.71%
Hong Kong 0.32%
South Korea 0.39%
0.00%
Unidentified Region 13.85%

Bond Credit Quality Exposure

AAA 19.61%
AA 21.69%
A 15.17%
BBB 14.04%
BB 8.26%
B 1.30%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.90%
Not Available 16.01%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.63%
Less than 1 Year
1.63%
Intermediate
40.42%
1 to 3 Years
4.57%
3 to 5 Years
9.64%
5 to 10 Years
26.21%
Long Term
51.70%
10 to 20 Years
10.63%
20 to 30 Years
32.38%
Over 30 Years
8.68%
Other
6.26%
As of November 30, 2025
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