Asset Allocation

As of November 30, 2025.
Type % Net
Cash 6.66%
Stock 2.47%
Bond 88.21%
Convertible 0.00%
Preferred 2.83%
Other -0.17%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 5.21%
Corporate 75.71%
Securitized 3.12%
Municipal 0.00%
Other 15.95%
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Region Exposure

% Developed Markets: 94.22%    % Emerging Markets: 0.43%    % Unidentified Markets: 5.35%

Americas 90.28%
88.99%
Canada 28.29%
United States 60.70%
1.29%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.20%
United Kingdom 3.46%
0.74%
Denmark 0.74%
France 0.00%
0.00%
0.00%
Greater Asia 0.17%
Japan 0.00%
0.00%
0.17%
0.00%
Unidentified Region 5.35%

Bond Credit Quality Exposure

AAA 2.74%
AA 1.07%
A 0.71%
BBB 22.26%
BB 31.05%
B 14.59%
Below B 0.01%
    CCC 0.01%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 27.57%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
15.30%
Less than 1 Year
15.30%
Intermediate
66.82%
1 to 3 Years
19.79%
3 to 5 Years
13.24%
5 to 10 Years
33.79%
Long Term
17.83%
10 to 20 Years
2.61%
20 to 30 Years
3.46%
Over 30 Years
11.76%
Other
0.05%
As of November 30, 2025
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