Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.68%
Stock 3.45%
Bond 96.05%
Convertible 0.00%
Preferred 0.00%
Other -2.18%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 37.68%
Corporate 57.81%
Securitized 0.00%
Municipal 1.57%
Other 2.94%
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Region Exposure

% Developed Markets: 57.79%    % Emerging Markets: 40.08%    % Unidentified Markets: 2.13%

Americas 61.32%
41.18%
Canada 14.29%
United States 26.89%
20.14%
Argentina 1.84%
Brazil 2.40%
Chile 1.53%
Colombia 1.31%
Mexico 5.21%
Peru 1.07%
Venezuela 1.07%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 30.38%
United Kingdom 6.97%
4.18%
Belgium 0.29%
France 0.49%
Ireland 1.61%
Netherlands 1.39%
Switzerland 0.10%
7.16%
Poland 1.00%
Turkey 3.17%
12.08%
Egypt 1.14%
Nigeria 0.29%
Qatar 0.50%
Saudi Arabia 3.56%
South Africa 0.37%
United Arab Emirates 2.10%
Greater Asia 6.17%
Japan 0.00%
0.42%
Australia 0.42%
1.28%
4.48%
China 1.54%
Indonesia 2.78%
Malaysia 0.15%
Unidentified Region 2.13%

Bond Credit Quality Exposure

AAA 0.00%
AA 4.68%
A 9.48%
BBB 31.37%
BB 27.82%
B 18.07%
Below B 1.34%
    CCC 1.31%
    CC 0.00%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.20%
Not Available 6.04%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
4.32%
Less than 1 Year
4.32%
Intermediate
60.84%
1 to 3 Years
9.57%
3 to 5 Years
26.02%
5 to 10 Years
25.25%
Long Term
34.35%
10 to 20 Years
10.54%
20 to 30 Years
17.11%
Over 30 Years
6.70%
Other
0.49%
As of November 30, 2025
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