Asset Allocation

As of November 30, 2025.
Type % Net
Cash 4.88%
Stock 0.09%
Bond 93.94%
Convertible 0.07%
Preferred 0.31%
Other 0.70%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 11.61%
Corporate 79.63%
Securitized 5.22%
Municipal 1.15%
Other 2.39%
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Region Exposure

% Developed Markets: 91.79%    % Emerging Markets: 6.15%    % Unidentified Markets: 2.06%

Americas 74.53%
70.57%
Canada 9.56%
United States 61.02%
3.95%
Brazil 0.49%
Chile 0.47%
Colombia 0.34%
Mexico 1.58%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 16.21%
United Kingdom 4.37%
10.45%
Austria 0.19%
Denmark 0.00%
Finland 0.43%
France 0.70%
Germany 1.10%
Greece 0.17%
Ireland 0.85%
Italy 1.22%
Netherlands 1.13%
Norway 0.99%
Spain 0.65%
Sweden 0.07%
Switzerland 0.23%
1.20%
Czech Republic 0.45%
Turkey 0.75%
0.19%
Qatar 0.09%
United Arab Emirates 0.09%
Greater Asia 7.20%
Japan 1.39%
3.55%
Australia 2.02%
0.38%
Singapore 0.12%
South Korea 0.13%
1.88%
China 0.08%
Indonesia 0.94%
Philippines 0.86%
Unidentified Region 2.06%

Bond Credit Quality Exposure

AAA 5.92%
AA 10.00%
A 13.22%
BBB 25.82%
BB 20.89%
B 15.84%
Below B 1.45%
    CCC 1.45%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.01%
Not Available 6.85%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
3.38%
Less than 1 Year
3.38%
Intermediate
72.29%
1 to 3 Years
9.79%
3 to 5 Years
24.50%
5 to 10 Years
38.01%
Long Term
22.88%
10 to 20 Years
9.39%
20 to 30 Years
10.13%
Over 30 Years
3.36%
Other
1.45%
As of November 30, 2025
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