Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.54%
Stock 0.09%
Bond 97.58%
Convertible 0.56%
Preferred 0.00%
Other 0.22%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 21.35%
Corporate 66.06%
Securitized 6.34%
Municipal 0.28%
Other 5.97%
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Region Exposure

% Developed Markets: 84.39%    % Emerging Markets: 13.79%    % Unidentified Markets: 1.82%

Americas 76.86%
71.16%
Canada 3.79%
United States 67.37%
5.70%
Argentina 0.26%
Brazil 0.66%
Chile 0.55%
Colombia 0.53%
Mexico 0.99%
Peru 0.48%
Venezuela 0.00%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.76%
United Kingdom 2.54%
5.71%
Austria 0.09%
Belgium 0.19%
Denmark 0.08%
Finland 0.10%
France 1.14%
Germany 0.50%
Greece 0.03%
Ireland 0.43%
Italy 0.40%
Netherlands 0.79%
Norway 0.16%
Portugal 0.03%
Spain 0.41%
Sweden 0.16%
Switzerland 0.24%
2.70%
Czech Republic 0.28%
Poland 0.63%
Turkey 0.57%
2.80%
Egypt 0.24%
Israel 0.09%
Nigeria 0.20%
Qatar 0.01%
Saudi Arabia 0.33%
South Africa 0.57%
United Arab Emirates 0.39%
Greater Asia 7.56%
Japan 1.66%
0.97%
Australia 0.93%
0.87%
Hong Kong 0.28%
Singapore 0.28%
South Korea 0.27%
Taiwan 0.01%
4.07%
China 0.82%
India 0.55%
Indonesia 0.93%
Kazakhstan 0.10%
Malaysia 0.68%
Pakistan 0.05%
Philippines 0.43%
Thailand 0.42%
Unidentified Region 1.82%

Bond Credit Quality Exposure

AAA 2.78%
AA 10.26%
A 17.00%
BBB 20.55%
BB 20.36%
B 11.00%
Below B 3.00%
    CCC 2.93%
    CC 0.03%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.03%
Not Rated 0.15%
Not Available 14.90%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.27%
Less than 1 Year
2.27%
Intermediate
73.84%
1 to 3 Years
19.41%
3 to 5 Years
24.29%
5 to 10 Years
30.14%
Long Term
23.74%
10 to 20 Years
8.81%
20 to 30 Years
13.46%
Over 30 Years
1.48%
Other
0.15%
As of November 30, 2025
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