Asset Allocation

As of November 30, 2025.
Type % Net
Cash -11.15%
Stock 0.44%
Bond 108.0%
Convertible 0.00%
Preferred 4.90%
Other -2.22%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government -68.26%
Corporate 141.5%
Securitized 6.72%
Municipal 0.00%
Other 20.08%
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Region Exposure

% Developed Markets: 96.09%    % Emerging Markets: 0.00%    % Unidentified Markets: 3.91%

Americas 79.97%
75.86%
Canada 52.15%
United States 23.71%
4.12%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 15.87%
United Kingdom 6.21%
9.66%
Denmark 1.65%
Ireland 4.52%
Netherlands 3.50%
0.00%
0.00%
Greater Asia 0.24%
Japan 0.00%
0.00%
0.24%
0.00%
Unidentified Region 3.91%

Bond Credit Quality Exposure

AAA -35.58%
AA -26.28%
A 15.78%
BBB 89.62%
BB 25.03%
B 14.35%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.06%
Not Available 16.02%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.73%
Less than 1 Year
0.73%
Intermediate
64.49%
1 to 3 Years
4.23%
3 to 5 Years
3.97%
5 to 10 Years
56.29%
Long Term
27.88%
10 to 20 Years
4.22%
20 to 30 Years
7.11%
Over 30 Years
16.55%
Other
6.90%
As of November 30, 2025
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