Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.49%
Stock 0.00%
Bond 96.28%
Convertible 0.00%
Preferred 0.00%
Other 1.23%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 33.40%
Corporate 66.60%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 94.32%    % Emerging Markets: 2.19%    % Unidentified Markets: 3.49%

Americas 36.82%
36.15%
Canada 4.68%
United States 31.47%
0.67%
Mexico 0.67%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 54.10%
United Kingdom 18.26%
35.07%
Austria 0.09%
Belgium 3.62%
Denmark 1.71%
Finland 0.15%
France 5.30%
Germany 6.63%
Ireland 1.27%
Italy 0.81%
Netherlands 5.25%
Portugal 0.28%
Spain 0.79%
Sweden 0.78%
Switzerland 1.90%
0.76%
0.00%
Greater Asia 5.59%
Japan 3.05%
2.54%
Australia 2.54%
0.00%
0.00%
Unidentified Region 3.49%

Bond Credit Quality Exposure

AAA 5.33%
AA 24.35%
A 20.70%
BBB 36.86%
BB 4.37%
B 1.08%
Below B 0.67%
    CCC 0.22%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.45%
Not Rated 0.42%
Not Available 6.21%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
4.86%
Less than 1 Year
4.86%
Intermediate
74.28%
1 to 3 Years
3.22%
3 to 5 Years
13.82%
5 to 10 Years
57.25%
Long Term
18.87%
10 to 20 Years
13.17%
20 to 30 Years
2.39%
Over 30 Years
3.31%
Other
1.99%
As of November 30, 2025
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