Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.51%
Stock 0.01%
Bond 98.03%
Convertible 0.00%
Preferred 0.00%
Other 0.45%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 29.99%
Corporate 63.17%
Securitized 5.64%
Municipal 0.62%
Other 0.58%
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Region Exposure

% Developed Markets: 75.37%    % Emerging Markets: 22.28%    % Unidentified Markets: 2.34%

Americas 73.45%
60.81%
Canada 2.02%
United States 58.79%
12.65%
Argentina 1.70%
Brazil 0.88%
Chile 0.98%
Colombia 1.30%
Mexico 1.86%
Peru 0.87%
Venezuela 0.00%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 16.87%
United Kingdom 2.52%
4.80%
Austria 0.12%
Belgium 0.01%
Denmark 0.04%
Finland 0.00%
France 0.72%
Germany 0.14%
Greece 0.01%
Ireland 0.36%
Italy 0.17%
Netherlands 1.27%
Norway 0.12%
Spain 0.32%
Sweden 0.01%
Switzerland 0.26%
4.05%
Czech Republic 0.05%
Poland 0.60%
Turkey 2.00%
5.51%
Egypt 0.45%
Israel 0.21%
Nigeria 0.39%
Qatar 0.04%
Saudi Arabia 0.58%
South Africa 0.60%
United Arab Emirates 0.93%
Greater Asia 7.33%
Japan 1.15%
0.75%
Australia 0.75%
1.52%
Hong Kong 0.89%
Singapore 0.20%
South Korea 0.10%
Taiwan 0.02%
3.91%
China 0.38%
India 0.70%
Indonesia 0.84%
Kazakhstan 0.20%
Malaysia 0.36%
Pakistan 0.10%
Philippines 0.60%
Thailand 0.11%
Unidentified Region 2.34%

Bond Credit Quality Exposure

AAA 0.80%
AA 15.69%
A 17.75%
BBB 25.99%
BB 19.47%
B 11.70%
Below B 2.62%
    CCC 2.50%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.10%
Not Rated 0.01%
Not Available 5.96%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.72%
Less than 1 Year
1.72%
Intermediate
77.57%
1 to 3 Years
11.27%
3 to 5 Years
16.99%
5 to 10 Years
49.31%
Long Term
20.39%
10 to 20 Years
7.84%
20 to 30 Years
11.52%
Over 30 Years
1.03%
Other
0.31%
As of November 30, 2025
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