Asset Allocation

As of November 30, 2025.
Type % Net
Cash 11.59%
Stock 0.00%
Bond 87.37%
Convertible 0.00%
Preferred 0.00%
Other 1.04%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 35.29%
Corporate 46.99%
Securitized 9.86%
Municipal 0.00%
Other 7.86%
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Region Exposure

% Developed Markets: 60.26%    % Emerging Markets: 20.20%    % Unidentified Markets: 19.55%

Americas 75.30%
52.97%
Canada 3.96%
United States 49.01%
22.32%
Argentina 4.08%
Brazil 7.02%
Colombia 0.90%
Mexico 7.01%
Peru 0.58%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.31%
United Kingdom 0.55%
2.76%
Greece 0.43%
Netherlands 0.43%
0.00%
1.00%
Egypt 0.43%
Israel 0.57%
Greater Asia 0.85%
Japan 0.09%
0.65%
Australia 0.65%
0.11%
Singapore 0.11%
0.00%
Unidentified Region 19.55%

Bond Credit Quality Exposure

AAA 2.71%
AA 15.71%
A 5.47%
BBB 24.14%
BB 30.91%
B 16.03%
Below B 3.05%
    CCC 2.55%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.50%
Not Rated 0.00%
Not Available 1.98%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.61%
Less than 1 Year
2.61%
Intermediate
64.78%
1 to 3 Years
23.44%
3 to 5 Years
15.86%
5 to 10 Years
25.48%
Long Term
31.04%
10 to 20 Years
13.00%
20 to 30 Years
17.81%
Over 30 Years
0.23%
Other
1.58%
As of November 30, 2025
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