Asset Allocation

As of November 30, 2025.
Type % Net
Cash 6.93%
Stock 1.47%
Bond 89.73%
Convertible 0.00%
Preferred 0.11%
Other 1.76%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 69.05%
Corporate 27.47%
Securitized 0.70%
Municipal 0.20%
Other 2.57%
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Region Exposure

% Developed Markets: 77.07%    % Emerging Markets: 10.84%    % Unidentified Markets: 12.09%

Americas 61.88%
53.21%
Canada 13.18%
United States 40.03%
8.67%
Argentina 0.00%
Brazil 4.07%
Chile 0.71%
Colombia 1.00%
Mexico 1.52%
Peru 1.08%
Venezuela 0.05%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 23.08%
United Kingdom 4.48%
16.41%
Austria 0.24%
Belgium 3.22%
Finland 0.02%
France 1.32%
Germany 8.56%
Ireland 0.90%
Italy 0.00%
Netherlands 0.95%
Spain 1.04%
0.02%
Poland 0.02%
Turkey 0.00%
2.17%
Egypt 0.00%
Qatar 0.00%
Saudi Arabia 0.00%
South Africa 2.17%
United Arab Emirates 0.00%
Greater Asia 2.94%
Japan 1.53%
0.41%
Australia 0.00%
0.83%
Hong Kong 0.81%
Singapore 0.01%
South Korea 0.01%
0.18%
China 0.18%
Indonesia 0.00%
Kazakhstan 0.00%
Malaysia 0.00%
Philippines 0.00%
Unidentified Region 12.09%

Bond Credit Quality Exposure

AAA 17.55%
AA 35.95%
A 5.04%
BBB 9.15%
BB 18.22%
B 2.28%
Below B 0.86%
    CCC 0.52%
    CC 0.10%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.25%
Not Rated 0.25%
Not Available 10.69%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.75%
Less than 1 Year
0.75%
Intermediate
76.87%
1 to 3 Years
9.95%
3 to 5 Years
8.34%
5 to 10 Years
58.58%
Long Term
22.30%
10 to 20 Years
5.70%
20 to 30 Years
12.48%
Over 30 Years
4.11%
Other
0.08%
As of November 30, 2025
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