Asset Allocation

As of November 30, 2025.
Type % Net
Cash 6.23%
Stock 0.07%
Bond 93.06%
Convertible 0.00%
Preferred 0.00%
Other 0.63%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 48.72%
Corporate 15.42%
Securitized 33.95%
Municipal 0.09%
Other 1.82%
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Region Exposure

% Developed Markets: 89.19%    % Emerging Markets: 10.87%    % Unidentified Markets: -0.06%

Americas 90.28%
84.01%
Canada 0.87%
United States 83.14%
6.27%
Argentina 0.51%
Brazil 0.03%
Chile 0.13%
Colombia 0.56%
Mexico 0.87%
Peru 0.34%
Venezuela 0.50%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.02%
United Kingdom 0.34%
1.02%
France 0.08%
Ireland 0.22%
Netherlands 0.13%
Spain 0.05%
Switzerland 0.19%
2.40%
Czech Republic 0.02%
Poland 0.43%
Russia 0.00%
Turkey 0.52%
3.27%
Egypt 0.35%
Israel 0.14%
Nigeria 0.11%
Saudi Arabia 0.22%
South Africa 0.25%
United Arab Emirates 0.20%
Greater Asia 2.76%
Japan 1.60%
0.11%
Australia 0.11%
0.04%
Singapore 0.02%
0.99%
China 0.00%
India 0.12%
Indonesia 0.08%
Kazakhstan 0.08%
Pakistan 0.08%
Philippines 0.07%
Unidentified Region -0.06%

Bond Credit Quality Exposure

AAA 16.46%
AA 40.80%
A 2.94%
BBB 10.58%
BB 7.67%
B 2.83%
Below B 6.37%
    CCC 4.58%
    CC 0.94%
    C 0.78%
    DDD 0.00%
    DD 0.00%
    D 0.06%
Not Rated 3.81%
Not Available 8.54%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
6.15%
Less than 1 Year
6.15%
Intermediate
49.13%
1 to 3 Years
30.26%
3 to 5 Years
6.81%
5 to 10 Years
12.07%
Long Term
42.54%
10 to 20 Years
16.51%
20 to 30 Years
22.11%
Over 30 Years
3.92%
Other
2.17%
As of November 30, 2025
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