Asset Allocation

As of November 30, 2025.
Type % Net
Cash 3.03%
Stock 0.00%
Bond 91.59%
Convertible 0.00%
Preferred 5.10%
Other 0.28%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 5.36%
Corporate 0.00%
Securitized 90.41%
Municipal 0.00%
Other 4.23%
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Region Exposure

% Developed Markets: 66.83%    % Emerging Markets: 3.92%    % Unidentified Markets: 29.24%

Americas 66.83%
35.37%
United States 35.37%
31.47%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.92%
United Kingdom 3.92%
0.00%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 29.24%

Bond Credit Quality Exposure

AAA 0.00%
AA 1.30%
A 0.00%
BBB 0.00%
BB 1.85%
B 18.37%
Below B 1.59%
    CCC 1.59%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 66.84%
Not Available 10.04%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
4.71%
Less than 1 Year
4.71%
Intermediate
45.49%
1 to 3 Years
1.47%
3 to 5 Years
11.68%
5 to 10 Years
32.34%
Long Term
45.57%
10 to 20 Years
45.54%
20 to 30 Years
0.00%
Over 30 Years
0.02%
Other
4.23%
As of November 30, 2025
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