Asset Allocation

As of November 30, 2025.
Type % Net
Cash 3.18%
Stock 0.00%
Bond 97.50%
Convertible 0.00%
Preferred 0.00%
Other -0.68%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 20.13%
Corporate 61.87%
Securitized 3.18%
Municipal 10.54%
Other 4.28%
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Region Exposure

% Developed Markets: 90.11%    % Emerging Markets: 9.30%    % Unidentified Markets: 0.59%

Americas 82.24%
78.18%
Canada 45.84%
United States 32.33%
4.06%
Argentina 0.55%
Brazil 1.01%
Colombia 0.32%
Mexico 1.02%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 12.87%
United Kingdom 2.91%
5.70%
Austria 0.03%
Belgium 0.07%
France 1.37%
Germany 0.92%
Greece 0.05%
Ireland 0.58%
Italy 0.41%
Netherlands 1.46%
Norway 0.00%
Spain 0.25%
Sweden 0.01%
Switzerland 0.01%
2.27%
Poland 0.65%
Turkey 0.88%
1.98%
Israel 0.46%
Qatar 0.19%
Saudi Arabia 0.91%
United Arab Emirates 0.43%
Greater Asia 4.30%
Japan 0.30%
0.98%
Australia 0.98%
0.24%
Hong Kong 0.04%
Singapore 0.19%
2.78%
China 0.98%
Indonesia 0.98%
Pakistan 0.35%
Philippines 0.37%
Unidentified Region 0.59%

Bond Credit Quality Exposure

AAA 13.65%
AA 6.33%
A 22.74%
BBB 38.89%
BB 9.70%
B 2.55%
Below B 1.36%
    CCC 1.36%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.18%
Not Available 4.59%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.57%
Less than 1 Year
0.57%
Intermediate
79.35%
1 to 3 Years
15.14%
3 to 5 Years
20.39%
5 to 10 Years
43.83%
Long Term
19.72%
10 to 20 Years
7.65%
20 to 30 Years
8.88%
Over 30 Years
3.19%
Other
0.36%
As of November 30, 2025
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