Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.87%
Stock 0.00%
Bond 99.06%
Convertible 0.00%
Preferred 0.00%
Other 0.07%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 22.51%
Corporate 33.33%
Securitized 40.11%
Municipal 0.00%
Other 4.05%
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Region Exposure

% Developed Markets: 80.26%    % Emerging Markets: 3.48%    % Unidentified Markets: 16.26%

Americas 76.72%
75.19%
Canada 0.58%
United States 74.60%
1.53%
Brazil 0.18%
Chile 0.17%
Colombia 0.13%
Mexico 0.36%
Peru 0.12%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.30%
United Kingdom 1.39%
2.36%
Austria 0.00%
Denmark 0.04%
France 0.65%
Germany 0.16%
Greece 0.00%
Ireland 1.08%
Italy 0.00%
Netherlands 0.16%
Norway 0.00%
Spain 0.00%
Switzerland 0.25%
0.67%
Poland 0.14%
Turkey 0.15%
0.88%
Israel 0.00%
Nigeria 0.14%
Saudi Arabia 0.26%
South Africa 0.10%
United Arab Emirates 0.10%
Greater Asia 1.72%
Japan 0.60%
0.46%
Australia 0.46%
0.00%
Hong Kong 0.00%
Singapore 0.00%
0.67%
India 0.07%
Indonesia 0.30%
Kazakhstan 0.07%
Malaysia 0.08%
Philippines 0.11%
Unidentified Region 16.26%

Bond Credit Quality Exposure

AAA 15.98%
AA 21.17%
A 9.52%
BBB 23.90%
BB 5.43%
B 2.41%
Below B 0.14%
    CCC 0.14%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.10%
Not Available 21.36%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.81%
Less than 1 Year
1.81%
Intermediate
44.14%
1 to 3 Years
2.52%
3 to 5 Years
10.46%
5 to 10 Years
31.16%
Long Term
53.68%
10 to 20 Years
9.42%
20 to 30 Years
35.09%
Over 30 Years
9.17%
Other
0.37%
As of November 30, 2025
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