Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.44%
Stock 0.23%
Bond 95.56%
Convertible 0.00%
Preferred 0.11%
Other 1.66%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 24.96%
Corporate 48.08%
Securitized 0.26%
Municipal 19.75%
Other 6.96%
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Region Exposure

% Developed Markets: 93.99%    % Emerging Markets: 2.53%    % Unidentified Markets: 3.48%

Americas 94.27%
92.27%
Canada 78.70%
United States 13.57%
2.00%
Brazil 0.01%
Chile 0.08%
Colombia 0.04%
Mexico 1.76%
Peru 0.02%
Venezuela 0.01%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.99%
United Kingdom 0.80%
1.15%
Austria 0.01%
Belgium 0.04%
Finland 0.01%
France 0.35%
Germany 0.10%
Ireland 0.12%
Italy 0.00%
Netherlands 0.31%
Spain 0.01%
0.03%
Poland 0.03%
0.00%
Saudi Arabia 0.00%
Greater Asia 0.26%
Japan 0.01%
0.17%
Australia 0.17%
0.06%
Hong Kong 0.04%
Singapore 0.02%
South Korea 0.01%
0.02%
China 0.02%
Philippines 0.00%
Unidentified Region 3.48%

Bond Credit Quality Exposure

AAA 22.72%
AA 15.59%
A 23.08%
BBB 23.87%
BB 7.17%
B 2.17%
Below B 0.77%
    CCC 0.67%
    CC 0.03%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.07%
Not Rated 0.19%
Not Available 4.45%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
3.76%
Less than 1 Year
3.76%
Intermediate
68.52%
1 to 3 Years
9.75%
3 to 5 Years
14.96%
5 to 10 Years
43.81%
Long Term
27.47%
10 to 20 Years
5.30%
20 to 30 Years
10.87%
Over 30 Years
11.31%
Other
0.25%
As of November 30, 2025
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