Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.35%
Stock 0.00%
Bond 97.72%
Convertible 0.00%
Preferred 0.00%
Other 0.94%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 11.50%
Corporate 50.97%
Securitized 30.23%
Municipal 2.94%
Other 4.36%
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Region Exposure

% Developed Markets: 95.48%    % Emerging Markets: 0.00%    % Unidentified Markets: 4.52%

Americas 94.31%
93.52%
Canada 0.90%
United States 92.62%
0.80%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.42%
United Kingdom 0.00%
0.42%
Netherlands 0.42%
0.00%
0.00%
Greater Asia 0.74%
Japan 0.00%
0.00%
0.74%
South Korea 0.74%
0.00%
Unidentified Region 4.52%

Bond Credit Quality Exposure

AAA 9.07%
AA 22.59%
A 6.71%
BBB 25.99%
BB 17.91%
B 2.09%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 15.65%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
42.33%
1 to 3 Years
4.83%
3 to 5 Years
11.55%
5 to 10 Years
25.95%
Long Term
54.29%
10 to 20 Years
21.21%
20 to 30 Years
33.08%
Over 30 Years
0.00%
Other
3.38%
As of November 30, 2025
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