Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.13%
Stock 0.41%
Bond 97.59%
Convertible 0.25%
Preferred 0.14%
Other -0.52%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 23.76%
Corporate 51.39%
Securitized 20.70%
Municipal 0.44%
Other 3.71%
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Region Exposure

% Developed Markets: 79.92%    % Emerging Markets: 7.57%    % Unidentified Markets: 12.51%

Americas 75.93%
72.02%
Canada 1.46%
United States 70.57%
3.91%
Brazil 0.51%
Chile 0.36%
Mexico 1.61%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.93%
United Kingdom 0.75%
5.09%
France 0.23%
Germany 0.30%
Ireland 1.66%
Italy 0.21%
Netherlands 1.64%
Norway 0.20%
Spain 0.07%
Switzerland 0.40%
1.88%
Poland 0.37%
Turkey 0.80%
2.22%
Egypt 0.18%
Israel 0.53%
Nigeria 0.09%
South Africa 0.89%
Greater Asia 1.63%
Japan 0.08%
0.08%
Australia 0.08%
0.02%
Hong Kong 0.01%
Singapore 0.00%
1.44%
China 0.11%
India 0.03%
Pakistan 0.24%
Unidentified Region 12.51%

Bond Credit Quality Exposure

AAA 2.42%
AA 14.87%
A 6.78%
BBB 38.81%
BB 15.18%
B 4.87%
Below B 1.92%
    CCC 1.84%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.08%
Not Rated 1.28%
Not Available 13.86%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
7.56%
Less than 1 Year
7.56%
Intermediate
66.35%
1 to 3 Years
11.52%
3 to 5 Years
18.64%
5 to 10 Years
36.18%
Long Term
25.22%
10 to 20 Years
12.64%
20 to 30 Years
9.77%
Over 30 Years
2.81%
Other
0.88%
As of November 30, 2025
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