Asset Allocation

As of November 30, 2025.
Type % Net
Cash -3.78%
Stock 0.00%
Bond 97.06%
Convertible 0.00%
Preferred 0.00%
Other 6.72%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 39.69%
Corporate 50.84%
Securitized 9.19%
Municipal 0.00%
Other 0.28%
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Region Exposure

% Developed Markets: 74.21%    % Emerging Markets: 26.51%    % Unidentified Markets: -0.72%

Americas 74.11%
60.00%
Canada 15.04%
United States 44.97%
14.11%
Argentina 1.38%
Brazil 0.51%
Chile 0.67%
Colombia 1.20%
Mexico 1.07%
Peru 1.98%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 22.77%
United Kingdom 3.48%
7.53%
Austria 0.13%
Belgium 0.32%
France 1.11%
Germany 0.33%
Ireland 1.34%
Italy 0.04%
Netherlands 1.69%
Norway 0.04%
Spain 0.42%
Sweden 0.21%
Switzerland 0.29%
6.74%
Czech Republic 0.09%
Poland 0.58%
Turkey 0.62%
5.01%
Egypt 0.65%
Nigeria 0.07%
South Africa 1.50%
United Arab Emirates 0.13%
Greater Asia 3.85%
Japan 1.10%
0.43%
Australia 0.43%
0.67%
Hong Kong 0.37%
Singapore 0.31%
1.64%
India 0.07%
Indonesia 0.31%
Philippines 0.20%
Unidentified Region -0.72%

Bond Credit Quality Exposure

AAA 6.42%
AA 7.11%
A 7.89%
BBB 29.47%
BB 19.51%
B 11.16%
Below B 3.36%
    CCC 3.35%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.16%
Not Available 14.92%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
12.37%
Less than 1 Year
12.37%
Intermediate
62.10%
1 to 3 Years
5.14%
3 to 5 Years
19.06%
5 to 10 Years
37.90%
Long Term
25.28%
10 to 20 Years
10.41%
20 to 30 Years
12.73%
Over 30 Years
2.14%
Other
0.25%
As of November 30, 2025
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