Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.29%
Stock 0.04%
Bond 94.95%
Convertible 0.00%
Preferred 0.00%
Other 3.73%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 25.32%
Corporate 43.16%
Securitized 4.20%
Municipal 13.13%
Other 14.18%
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Region Exposure

% Developed Markets: 89.16%    % Emerging Markets: 0.54%    % Unidentified Markets: 10.30%

Americas 87.70%
87.41%
Canada 79.68%
United States 7.73%
0.29%
Brazil 0.00%
Chile 0.00%
Colombia 0.00%
Mexico 0.02%
Peru 0.00%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.42%
United Kingdom 0.43%
0.97%
Austria 0.01%
Belgium 0.04%
Denmark 0.00%
Finland 0.01%
France 0.50%
Germany 0.07%
Greece 0.00%
Ireland 0.03%
Italy 0.09%
Netherlands 0.05%
Norway 0.01%
Portugal 0.01%
Spain 0.06%
Sweden 0.00%
Switzerland 0.01%
0.01%
Poland 0.01%
0.01%
Israel 0.00%
Saudi Arabia 0.01%
South Africa 0.00%
Greater Asia 0.58%
Japan 0.12%
0.24%
Australia 0.24%
0.01%
Hong Kong 0.00%
Singapore 0.01%
South Korea 0.00%
0.21%
China 0.13%
India 0.00%
Indonesia 0.01%
Malaysia 0.01%
Philippines 0.06%
Unidentified Region 10.30%

Bond Credit Quality Exposure

AAA 28.79%
AA 10.58%
A 20.45%
BBB 18.73%
BB 2.02%
B 1.27%
Below B 0.14%
    CCC 0.11%
    CC 0.00%
    C 0.02%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 5.54%
Not Available 12.50%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
4.70%
Less than 1 Year
4.70%
Intermediate
73.96%
1 to 3 Years
28.36%
3 to 5 Years
24.95%
5 to 10 Years
20.66%
Long Term
16.05%
10 to 20 Years
6.70%
20 to 30 Years
5.75%
Over 30 Years
3.61%
Other
5.28%
As of November 30, 2025
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