Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.96%
Stock 0.16%
Bond 97.47%
Convertible 0.00%
Preferred 0.04%
Other 0.38%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 51.88%
Corporate 33.00%
Securitized 13.20%
Municipal 0.95%
Other 0.98%
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Region Exposure

% Developed Markets: 88.33%    % Emerging Markets: 3.52%    % Unidentified Markets: 8.15%

Americas 78.06%
73.87%
Canada 2.35%
United States 71.52%
4.19%
Brazil 1.00%
Colombia 0.63%
Mexico 0.80%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.54%
United Kingdom 3.95%
7.46%
Austria 0.02%
Belgium 0.89%
Denmark 0.20%
Finland 0.03%
France 1.02%
Germany 1.19%
Ireland 0.76%
Italy 0.10%
Netherlands 1.34%
Norway 0.01%
Portugal 0.06%
Spain 0.12%
Sweden 0.09%
Switzerland 0.30%
0.12%
0.00%
Israel 0.00%
Greater Asia 2.25%
Japan 1.69%
0.40%
Australia 0.40%
0.16%
Hong Kong 0.13%
Singapore 0.04%
0.00%
Unidentified Region 8.15%

Bond Credit Quality Exposure

AAA 17.02%
AA 38.13%
A 8.09%
BBB 18.55%
BB 8.82%
B 2.69%
Below B 0.59%
    CCC 0.52%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.06%
Not Rated 0.58%
Not Available 5.52%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.96%
Less than 1 Year
2.96%
Intermediate
62.36%
1 to 3 Years
5.93%
3 to 5 Years
9.04%
5 to 10 Years
47.39%
Long Term
34.22%
10 to 20 Years
11.93%
20 to 30 Years
20.90%
Over 30 Years
1.39%
Other
0.47%
As of November 30, 2025
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