Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.89%
Stock 61.94%
Bond 32.33%
Convertible 0.00%
Preferred 0.10%
Other 3.74%
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Market Capitalization

As of November 30, 2025
Large 69.33%
Mid 17.37%
Small 13.29%
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Region Exposure

% Developed Markets: 87.04%    % Emerging Markets: 5.93%    % Unidentified Markets: 7.03%

Americas 72.39%
70.43%
Canada 47.97%
United States 22.46%
1.96%
Argentina 0.01%
Brazil 0.54%
Chile 0.10%
Colombia 0.20%
Mexico 0.41%
Peru 0.09%
Venezuela 0.02%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.30%
United Kingdom 5.60%
5.64%
Austria 0.01%
Belgium 0.26%
Denmark 0.08%
Finland 0.03%
France 1.58%
Germany 0.88%
Greece 0.02%
Ireland 0.38%
Italy 0.30%
Netherlands 1.05%
Norway 0.02%
Portugal 0.01%
Spain 0.10%
Sweden 0.16%
Switzerland 0.65%
0.96%
Czech Republic 0.16%
Poland 0.27%
Turkey 0.14%
1.10%
Egypt 0.05%
Israel 0.33%
Nigeria 0.01%
Qatar 0.03%
Saudi Arabia 0.11%
South Africa 0.40%
United Arab Emirates 0.06%
Greater Asia 7.29%
Japan 1.80%
0.48%
Australia 0.47%
2.34%
Hong Kong 0.29%
Singapore 0.18%
South Korea 0.65%
Taiwan 1.22%
2.68%
China 0.98%
India 0.83%
Indonesia 0.32%
Kazakhstan 0.00%
Malaysia 0.24%
Pakistan 0.01%
Philippines 0.02%
Thailand 0.24%
Unidentified Region 7.03%

Bond Credit Quality Exposure

AAA 26.95%
AA 21.92%
A 13.99%
BBB 15.40%
BB 6.20%
B 2.23%
Below B 0.86%
    CCC 0.70%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.15%
Not Rated 0.64%
Not Available 11.81%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
32.51%
Materials
6.83%
Consumer Discretionary
4.48%
Financials
15.26%
Real Estate
5.94%
Sensitive
31.03%
Communication Services
5.56%
Energy
5.71%
Industrials
8.80%
Information Technology
10.96%
Defensive
22.28%
Consumer Staples
13.30%
Health Care
4.82%
Utilities
4.16%
Not Classified
14.18%
Non Classified Equity
3.48%
Not Classified - Non Equity
10.70%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 44.73%
Corporate 29.13%
Securitized 2.44%
Municipal 15.83%
Other 7.88%
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Bond Maturity Exposure

Short Term
3.77%
Less than 1 Year
3.77%
Intermediate
59.08%
1 to 3 Years
10.62%
3 to 5 Years
14.35%
5 to 10 Years
34.11%
Long Term
33.10%
10 to 20 Years
13.05%
20 to 30 Years
16.11%
Over 30 Years
3.95%
Other
4.05%
As of November 30, 2025
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