Asset Allocation

As of November 30, 2025.
Type % Net
Cash 3.60%
Stock 61.66%
Bond 30.93%
Convertible 0.00%
Preferred 0.14%
Other 3.67%
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Market Capitalization

As of November 30, 2025
Large 74.92%
Mid 14.67%
Small 10.41%
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Region Exposure

% Developed Markets: 82.35%    % Emerging Markets: 7.88%    % Unidentified Markets: 9.77%

Americas 62.25%
60.47%
Canada 40.85%
United States 19.62%
1.77%
Argentina 0.00%
Brazil 0.68%
Chile 0.05%
Colombia 0.13%
Mexico 0.48%
Peru 0.12%
Venezuela 0.01%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 16.98%
United Kingdom 5.12%
9.90%
Austria 0.06%
Belgium 0.31%
Denmark 0.15%
Finland 0.12%
France 2.00%
Germany 2.20%
Greece 0.08%
Ireland 0.63%
Italy 0.45%
Netherlands 1.72%
Norway 0.06%
Portugal 0.03%
Spain 0.57%
Sweden 0.43%
Switzerland 0.85%
0.73%
Czech Republic 0.14%
Poland 0.22%
Turkey 0.13%
1.23%
Egypt 0.03%
Israel 0.27%
Saudi Arabia 0.22%
South Africa 0.55%
United Arab Emirates 0.12%
Greater Asia 11.01%
Japan 2.28%
0.43%
Australia 0.40%
3.62%
Hong Kong 0.38%
Singapore 0.25%
South Korea 1.19%
Taiwan 1.80%
4.68%
China 2.47%
India 1.42%
Indonesia 0.38%
Malaysia 0.18%
Philippines 0.03%
Thailand 0.20%
Unidentified Region 9.77%

Bond Credit Quality Exposure

AAA 27.07%
AA 20.36%
A 13.27%
BBB 13.03%
BB 4.75%
B 2.25%
Below B 0.58%
    CCC 0.49%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.10%
Not Rated 0.46%
Not Available 18.22%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
29.41%
Materials
7.83%
Consumer Discretionary
5.83%
Financials
14.78%
Real Estate
0.96%
Sensitive
32.88%
Communication Services
5.62%
Energy
4.73%
Industrials
9.99%
Information Technology
12.54%
Defensive
16.20%
Consumer Staples
9.67%
Health Care
4.26%
Utilities
2.27%
Not Classified
21.50%
Non Classified Equity
6.54%
Not Classified - Non Equity
14.96%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 52.28%
Corporate 26.33%
Securitized 2.28%
Municipal 16.10%
Other 3.01%
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Bond Maturity Exposure

Short Term
10.80%
Less than 1 Year
10.80%
Intermediate
55.66%
1 to 3 Years
11.56%
3 to 5 Years
11.89%
5 to 10 Years
32.20%
Long Term
33.20%
10 to 20 Years
14.46%
20 to 30 Years
15.58%
Over 30 Years
3.16%
Other
0.34%
As of November 30, 2025
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