Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.25%
Stock 0.00%
Bond 98.66%
Convertible 0.11%
Preferred 0.00%
Other 0.98%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 29.29%
Corporate 30.93%
Securitized 38.12%
Municipal 0.74%
Other 0.92%
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Region Exposure

% Developed Markets: 91.63%    % Emerging Markets: 0.42%    % Unidentified Markets: 7.95%

Americas 84.72%
82.68%
Canada 1.10%
United States 81.58%
2.04%
Chile 0.03%
Mexico 0.32%
Peru 0.00%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.72%
United Kingdom 2.22%
3.48%
Belgium 0.06%
Denmark 0.08%
France 1.03%
Ireland 0.81%
Italy 0.29%
Netherlands 0.33%
Norway 0.06%
Spain 0.22%
Sweden 0.06%
Switzerland 0.30%
0.02%
Poland 0.02%
0.00%
Greater Asia 1.61%
Japan 1.24%
0.31%
Australia 0.31%
0.05%
Hong Kong 0.01%
Singapore 0.04%
0.00%
Unidentified Region 7.95%

Bond Credit Quality Exposure

AAA 7.55%
AA 35.08%
A 10.07%
BBB 19.15%
BB 2.62%
B 0.76%
Below B 0.04%
    CCC 0.00%
    CC 0.00%
    C 0.04%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 5.06%
Not Available 19.67%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.32%
Less than 1 Year
2.32%
Intermediate
51.89%
1 to 3 Years
8.57%
3 to 5 Years
14.62%
5 to 10 Years
28.70%
Long Term
45.00%
10 to 20 Years
18.98%
20 to 30 Years
20.10%
Over 30 Years
5.92%
Other
0.79%
As of November 30, 2025
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