Asset Allocation

As of November 30, 2025.
Type % Net
Cash -16.16%
Stock 0.01%
Bond 97.18%
Convertible 0.00%
Preferred 0.09%
Other 18.88%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 17.54%
Corporate 44.43%
Securitized 34.68%
Municipal 1.91%
Other 1.43%
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Region Exposure

% Developed Markets: 89.51%    % Emerging Markets: 3.02%    % Unidentified Markets: 7.47%

Americas 84.45%
81.85%
Canada 0.74%
United States 81.11%
2.60%
Brazil 0.09%
Chile 0.13%
Colombia 0.11%
Mexico 0.12%
Peru 0.10%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.04%
United Kingdom 2.41%
4.13%
Denmark 0.27%
France 1.39%
Ireland 0.67%
Italy 0.19%
Netherlands 0.24%
Norway 0.42%
Spain 0.29%
Switzerland 0.23%
0.31%
Poland 0.03%
Turkey 0.06%
0.19%
South Africa 0.08%
Greater Asia 1.04%
Japan 0.21%
0.23%
Australia 0.23%
0.14%
Singapore 0.14%
0.47%
India 0.05%
Indonesia 0.12%
Kazakhstan 0.08%
Malaysia 0.06%
Philippines 0.07%
Unidentified Region 7.47%

Bond Credit Quality Exposure

AAA 12.81%
AA 31.56%
A 10.60%
BBB 23.81%
BB 3.33%
B 1.72%
Below B 0.24%
    CCC 0.24%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.15%
Not Available 15.78%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.34%
Less than 1 Year
0.34%
Intermediate
49.04%
1 to 3 Years
7.71%
3 to 5 Years
9.62%
5 to 10 Years
31.72%
Long Term
50.41%
10 to 20 Years
8.71%
20 to 30 Years
39.07%
Over 30 Years
2.64%
Other
0.21%
As of November 30, 2025
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