Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.34%
Stock 0.11%
Bond 94.67%
Convertible 0.98%
Preferred 0.62%
Other 1.28%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 30.19%
Corporate 43.19%
Securitized 19.29%
Municipal 0.31%
Other 7.02%
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Region Exposure

% Developed Markets: 79.39%    % Emerging Markets: 13.52%    % Unidentified Markets: 7.09%

Americas 71.41%
65.67%
Canada 1.28%
United States 64.39%
5.75%
Argentina 0.87%
Brazil 0.28%
Chile 0.14%
Colombia 0.64%
Mexico 1.28%
Peru 0.39%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 16.85%
United Kingdom 3.58%
8.15%
Austria 0.11%
Denmark 0.04%
France 1.46%
Germany 0.06%
Greece 0.11%
Ireland 0.25%
Italy 0.82%
Netherlands 1.59%
Spain 1.24%
Sweden 0.63%
Switzerland 0.05%
3.12%
Czech Republic 0.64%
Poland 0.08%
Turkey 0.96%
2.01%
Israel 0.44%
South Africa 0.34%
United Arab Emirates 0.01%
Greater Asia 4.64%
Japan 0.00%
0.06%
Australia 0.06%
0.98%
Hong Kong 0.27%
Singapore 0.41%
3.61%
China 0.87%
India 0.56%
Indonesia 0.24%
Malaysia 0.24%
Philippines 0.06%
Thailand 0.54%
Unidentified Region 7.09%

Bond Credit Quality Exposure

AAA 3.65%
AA 24.52%
A 1.24%
BBB 7.36%
BB 19.49%
B 15.62%
Below B 3.64%
    CCC 3.63%
    CC 0.01%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 4.82%
Not Available 19.65%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
6.02%
Less than 1 Year
6.02%
Intermediate
57.35%
1 to 3 Years
13.05%
3 to 5 Years
20.99%
5 to 10 Years
23.32%
Long Term
34.63%
10 to 20 Years
17.82%
20 to 30 Years
15.60%
Over 30 Years
1.21%
Other
2.01%
As of November 30, 2025
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