Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.15%
Stock 0.00%
Bond 98.66%
Convertible 0.00%
Preferred 0.00%
Other 0.19%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 30.94%
Corporate 39.77%
Securitized 27.14%
Municipal 1.01%
Other 1.15%
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Region Exposure

% Developed Markets: 85.05%    % Emerging Markets: 3.50%    % Unidentified Markets: 11.44%

Americas 76.70%
71.86%
Canada 1.70%
United States 70.16%
4.84%
Brazil 0.17%
Chile 0.05%
Mexico 0.46%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.03%
United Kingdom 1.90%
4.37%
France 0.05%
Ireland 1.12%
Italy 0.48%
Netherlands 0.67%
Spain 0.02%
Switzerland 0.80%
0.59%
Turkey 0.21%
1.16%
Egypt 0.18%
Nigeria 0.21%
South Africa 0.19%
Greater Asia 3.83%
Japan 1.27%
1.93%
Australia 1.93%
0.19%
0.44%
India 0.44%
Unidentified Region 11.44%

Bond Credit Quality Exposure

AAA 10.44%
AA 33.75%
A 12.96%
BBB 26.18%
BB 8.46%
B 3.86%
Below B 0.38%
    CCC 0.38%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.52%
Not Available 0.45%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.07%
Less than 1 Year
0.07%
Intermediate
52.21%
1 to 3 Years
7.91%
3 to 5 Years
9.84%
5 to 10 Years
34.45%
Long Term
44.93%
10 to 20 Years
29.06%
20 to 30 Years
11.02%
Over 30 Years
4.86%
Other
2.79%
As of November 30, 2025
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