Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.65%
Stock 63.80%
Bond 34.46%
Convertible 0.00%
Preferred 0.03%
Other 0.06%
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Market Capitalization

As of November 30, 2025
Large 81.96%
Mid 16.40%
Small 1.63%
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Region Exposure

% Developed Markets: 99.23%    % Emerging Markets: 1.15%    % Unidentified Markets: -0.38%

Americas 77.00%
75.98%
Canada 44.20%
United States 31.78%
1.02%
Argentina 0.00%
Brazil 0.09%
Chile 0.02%
Colombia 0.01%
Mexico 0.13%
Peru 0.01%
Venezuela 0.00%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 14.52%
United Kingdom 3.52%
10.17%
Austria 0.10%
Belgium 0.09%
Denmark 0.43%
Finland 0.33%
France 2.31%
Germany 1.78%
Greece 0.00%
Ireland 0.30%
Italy 0.43%
Netherlands 0.91%
Norway 0.23%
Portugal 0.02%
Spain 0.75%
Sweden 0.46%
Switzerland 1.91%
0.04%
Czech Republic 0.00%
Poland 0.02%
Russia 0.00%
Turkey 0.01%
0.78%
Egypt 0.00%
Israel 0.63%
Nigeria 0.00%
Qatar 0.01%
Saudi Arabia 0.05%
South Africa 0.05%
United Arab Emirates 0.02%
Greater Asia 8.86%
Japan 4.99%
1.52%
Australia 1.34%
1.72%
Hong Kong 0.65%
Singapore 0.60%
South Korea 0.18%
Taiwan 0.28%
0.64%
China 0.33%
India 0.24%
Indonesia 0.02%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.00%
Philippines 0.01%
Thailand 0.01%
Unidentified Region -0.38%

Bond Credit Quality Exposure

AAA 14.93%
AA 14.37%
A 26.55%
BBB 31.36%
BB 2.12%
B 0.68%
Below B 0.03%
    CCC 0.02%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.32%
Not Available 9.64%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
34.90%
Materials
5.22%
Consumer Discretionary
7.11%
Financials
21.20%
Real Estate
1.37%
Sensitive
36.89%
Communication Services
4.80%
Energy
8.17%
Industrials
10.89%
Information Technology
13.04%
Defensive
14.81%
Consumer Staples
5.99%
Health Care
5.30%
Utilities
3.52%
Not Classified
13.39%
Non Classified Equity
0.81%
Not Classified - Non Equity
12.58%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 18.81%
Corporate 53.24%
Securitized 0.33%
Municipal 19.07%
Other 8.55%
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Bond Maturity Exposure

Short Term
0.87%
Less than 1 Year
0.87%
Intermediate
74.30%
1 to 3 Years
8.68%
3 to 5 Years
12.24%
5 to 10 Years
53.38%
Long Term
24.77%
10 to 20 Years
3.71%
20 to 30 Years
17.38%
Over 30 Years
3.68%
Other
0.06%
As of November 30, 2025
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