Asset Allocation

As of October 31, 2025.
Type % Net
Cash 13.02%
Stock 4.24%
Bond 80.76%
Convertible 0.00%
Preferred 0.02%
Other 1.96%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 25.55%
Corporate 51.90%
Securitized 0.15%
Municipal 14.26%
Other 8.13%
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Region Exposure

% Developed Markets: 86.22%    % Emerging Markets: 2.12%    % Unidentified Markets: 11.65%

Americas 85.24%
83.73%
Canada 72.48%
United States 11.25%
1.51%
Argentina 0.03%
Brazil 0.04%
Chile 0.05%
Colombia 0.02%
Mexico 1.24%
Peru 0.02%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.36%
United Kingdom 1.03%
1.14%
Austria 0.02%
Belgium 0.04%
Denmark 0.02%
Finland 0.02%
France 0.31%
Germany 0.15%
Greece 0.00%
Ireland 0.06%
Italy 0.03%
Netherlands 0.14%
Norway 0.01%
Portugal 0.00%
Spain 0.08%
Sweden 0.04%
Switzerland 0.11%
0.05%
Czech Republic 0.00%
Poland 0.00%
Turkey 0.03%
0.13%
Egypt 0.01%
Israel 0.01%
Qatar 0.02%
Saudi Arabia 0.03%
South Africa 0.01%
United Arab Emirates 0.03%
Greater Asia 0.75%
Japan 0.15%
0.26%
Australia 0.25%
0.23%
Hong Kong 0.05%
Singapore 0.14%
South Korea 0.03%
Taiwan 0.01%
0.11%
China 0.03%
India 0.01%
Indonesia 0.03%
Kazakhstan 0.01%
Malaysia 0.01%
Philippines 0.02%
Thailand 0.00%
Unidentified Region 11.65%

Bond Credit Quality Exposure

AAA 22.99%
AA 11.80%
A 27.15%
BBB 29.53%
BB 0.54%
B 0.06%
Below B 0.04%
    CCC 0.04%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.22%
Not Available 7.68%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
5.57%
Less than 1 Year
5.57%
Intermediate
68.40%
1 to 3 Years
10.58%
3 to 5 Years
11.40%
5 to 10 Years
46.42%
Long Term
25.87%
10 to 20 Years
5.67%
20 to 30 Years
9.43%
Over 30 Years
10.76%
Other
0.16%
As of October 31, 2025
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