Asset Allocation

As of November 30, 2025.
Type % Net
Cash 9.45%
Stock 0.00%
Bond 91.79%
Convertible 0.00%
Preferred 0.00%
Other -1.24%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 23.51%
Corporate 48.46%
Securitized 27.61%
Municipal 0.10%
Other 0.32%
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Region Exposure

% Developed Markets: 92.00%    % Emerging Markets: 0.90%    % Unidentified Markets: 7.10%

Americas 79.79%
77.36%
Canada 3.98%
United States 73.38%
2.42%
Brazil 0.16%
Chile 0.09%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.16%
United Kingdom 3.65%
6.21%
Belgium 0.01%
Denmark 0.09%
Finland 0.12%
France 1.72%
Germany 0.00%
Ireland 1.18%
Italy 0.09%
Netherlands 1.56%
Norway 0.18%
Spain 0.32%
Sweden 0.30%
Switzerland 0.45%
0.00%
0.30%
Israel 0.01%
Saudi Arabia 0.13%
United Arab Emirates 0.15%
Greater Asia 2.96%
Japan 0.97%
1.27%
Australia 1.16%
0.54%
Hong Kong 0.04%
Singapore 0.10%
South Korea 0.36%
0.18%
India 0.05%
Indonesia 0.11%
Thailand 0.02%
Unidentified Region 7.10%

Bond Credit Quality Exposure

AAA 18.77%
AA 21.28%
A 21.57%
BBB 25.74%
BB 1.09%
B 0.04%
Below B 0.05%
    CCC 0.05%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 11.41%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
28.95%
Less than 1 Year
28.95%
Intermediate
57.42%
1 to 3 Years
44.18%
3 to 5 Years
6.52%
5 to 10 Years
6.73%
Long Term
13.19%
10 to 20 Years
3.96%
20 to 30 Years
6.21%
Over 30 Years
3.02%
Other
0.44%
As of November 30, 2025
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