Asset Allocation

As of November 30, 2025.
Type % Net
Cash 12.13%
Stock 1.83%
Bond 85.79%
Convertible 0.00%
Preferred 0.96%
Other -0.72%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 7.55%
Corporate 89.26%
Securitized 0.00%
Municipal 0.00%
Other 3.20%
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Region Exposure

% Developed Markets: 81.39%    % Emerging Markets: 14.47%    % Unidentified Markets: 4.14%

Americas 63.73%
50.72%
Canada 1.37%
United States 49.36%
13.01%
Argentina 0.11%
Brazil 0.54%
Chile 1.71%
Colombia 0.71%
Mexico 3.26%
Peru 1.43%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 26.27%
United Kingdom 5.60%
19.26%
Austria 0.00%
France 0.55%
Germany 2.95%
Ireland 0.31%
Italy 0.79%
Netherlands 2.21%
Norway 1.30%
Spain 0.75%
Sweden 3.22%
Switzerland 0.16%
0.96%
Czech Republic 0.64%
0.46%
Israel 0.00%
Greater Asia 5.86%
Japan 0.28%
0.25%
Australia 0.23%
2.47%
Hong Kong 0.01%
Singapore 2.46%
2.85%
India 2.01%
Indonesia 0.72%
Kazakhstan 0.06%
Malaysia 0.06%
Unidentified Region 4.14%

Bond Credit Quality Exposure

AAA 0.00%
AA 1.06%
A 0.57%
BBB 12.16%
BB 34.53%
B 27.23%
Below B 4.58%
    CCC 4.58%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.03%
Not Available 19.83%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
7.35%
Less than 1 Year
7.35%
Intermediate
86.79%
1 to 3 Years
17.23%
3 to 5 Years
39.74%
5 to 10 Years
29.83%
Long Term
5.29%
10 to 20 Years
3.23%
20 to 30 Years
1.60%
Over 30 Years
0.47%
Other
0.56%
As of November 30, 2025
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