Asset Allocation

As of November 30, 2025.
Type % Net
Cash 4.62%
Stock 1.54%
Bond 98.97%
Convertible 0.00%
Preferred 0.62%
Other -5.74%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 4.63%
Corporate 27.81%
Securitized 33.52%
Municipal 0.00%
Other 34.04%
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Region Exposure

% Developed Markets: 54.68%    % Emerging Markets: 0.53%    % Unidentified Markets: 44.78%

Americas 49.97%
47.96%
Canada 1.69%
United States 46.27%
2.01%
Chile 0.08%
Mexico 0.07%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.76%
United Kingdom 2.20%
2.51%
France 0.24%
Germany 0.32%
Ireland 0.18%
Italy 0.44%
Netherlands 0.53%
Spain 0.02%
Sweden 0.18%
Switzerland 0.00%
0.00%
0.06%
Israel 0.03%
United Arab Emirates 0.02%
Greater Asia 0.49%
Japan 0.39%
0.09%
Australia 0.09%
0.01%
Singapore 0.00%
South Korea 0.01%
0.00%
Unidentified Region 44.78%

Bond Credit Quality Exposure

AAA 1.12%
AA 2.02%
A 9.69%
BBB 10.24%
BB 14.18%
B 9.05%
Below B 3.37%
    CCC 2.61%
    CC 0.53%
    C 0.06%
    DDD 0.00%
    DD 0.00%
    D 0.16%
Not Rated 5.77%
Not Available 44.55%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
11.06%
Less than 1 Year
11.06%
Intermediate
45.49%
1 to 3 Years
6.87%
3 to 5 Years
14.17%
5 to 10 Years
24.45%
Long Term
40.24%
10 to 20 Years
19.31%
20 to 30 Years
15.19%
Over 30 Years
5.74%
Other
3.20%
As of November 30, 2025
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