Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.96%
Stock 0.00%
Bond 93.83%
Convertible 0.00%
Preferred 0.00%
Other 3.21%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 18.13%
Corporate 56.04%
Securitized 3.35%
Municipal 15.37%
Other 7.10%
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Region Exposure

% Developed Markets: 93.60%    % Emerging Markets: 1.00%    % Unidentified Markets: 5.40%

Americas 92.70%
92.11%
Canada 71.29%
United States 20.82%
0.59%
Brazil 0.12%
Colombia 0.02%
Mexico 0.16%
Peru 0.01%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.79%
United Kingdom 0.45%
1.09%
Belgium 0.02%
Denmark 0.00%
France 0.44%
Germany 0.03%
Ireland 0.34%
Italy 0.05%
Netherlands 0.03%
Spain 0.00%
Sweden 0.02%
Switzerland 0.00%
0.13%
Czech Republic 0.00%
0.12%
Egypt 0.01%
Israel 0.00%
Nigeria 0.01%
South Africa 0.06%
Greater Asia 0.11%
Japan 0.09%
0.00%
Australia 0.00%
0.00%
Singapore 0.00%
0.02%
Unidentified Region 5.40%

Bond Credit Quality Exposure

AAA 16.44%
AA 14.56%
A 14.99%
BBB 28.54%
BB 11.34%
B 5.85%
Below B 0.28%
    CCC 0.28%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.32%
Not Available 7.68%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.50%
Less than 1 Year
0.50%
Intermediate
48.90%
1 to 3 Years
3.84%
3 to 5 Years
12.80%
5 to 10 Years
32.27%
Long Term
49.10%
10 to 20 Years
17.48%
20 to 30 Years
21.99%
Over 30 Years
9.63%
Other
1.49%
As of November 30, 2025
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