Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.09%
Stock 0.06%
Bond 112.1%
Convertible 0.00%
Preferred 0.00%
Other -14.25%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 3.54%
Corporate 25.26%
Securitized 52.65%
Municipal 0.14%
Other 18.40%
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Region Exposure

% Developed Markets: 67.09%    % Emerging Markets: 0.00%    % Unidentified Markets: 32.91%

Americas 61.24%
57.67%
Canada 0.81%
United States 56.86%
3.57%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.14%
United Kingdom 1.66%
2.45%
France 1.66%
Germany 0.00%
Ireland 0.00%
Italy 0.02%
Netherlands 0.64%
Switzerland 0.00%
0.00%
0.04%
Israel 0.03%
United Arab Emirates 0.01%
Greater Asia 1.71%
Japan 0.76%
0.47%
Australia 0.47%
0.48%
Singapore 0.00%
South Korea 0.48%
0.00%
Unidentified Region 32.91%

Bond Credit Quality Exposure

AAA 21.83%
AA 7.16%
A 11.54%
BBB 15.59%
BB 4.39%
B 0.81%
Below B 0.60%
    CCC 0.48%
    CC 0.11%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.69%
Not Available 35.41%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
18.44%
Less than 1 Year
18.44%
Intermediate
32.96%
1 to 3 Years
12.67%
3 to 5 Years
10.80%
5 to 10 Years
9.49%
Long Term
47.63%
10 to 20 Years
15.90%
20 to 30 Years
20.71%
Over 30 Years
11.02%
Other
0.96%
As of November 30, 2025
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