Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.12%
Stock 0.00%
Bond 98.14%
Convertible 0.00%
Preferred 0.00%
Other 0.74%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 7.16%
Corporate 89.61%
Securitized 1.54%
Municipal 0.04%
Other 1.65%
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Region Exposure

% Developed Markets: 95.99%    % Emerging Markets: 0.42%    % Unidentified Markets: 3.59%

Americas 84.51%
83.87%
Canada 3.53%
United States 80.34%
0.65%
Brazil 0.33%
Mexico 0.09%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.50%
United Kingdom 2.90%
7.60%
Belgium 0.83%
France 0.77%
Germany 0.20%
Ireland 2.75%
Italy 0.53%
Netherlands 1.13%
Spain 0.62%
Switzerland 0.77%
0.00%
0.00%
Greater Asia 1.40%
Japan 0.62%
0.78%
Australia 0.78%
0.00%
0.00%
Unidentified Region 3.59%

Bond Credit Quality Exposure

AAA 0.23%
AA 9.62%
A 23.31%
BBB 63.75%
BB 1.48%
B 0.79%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 0.82%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
3.18%
Less than 1 Year
3.18%
Intermediate
69.22%
1 to 3 Years
7.73%
3 to 5 Years
15.44%
5 to 10 Years
46.04%
Long Term
27.46%
10 to 20 Years
7.29%
20 to 30 Years
17.83%
Over 30 Years
2.34%
Other
0.14%
As of November 30, 2025
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