Asset Allocation

As of November 30, 2025.
Type % Net
Cash 3.45%
Stock 56.94%
Bond 38.96%
Convertible 0.07%
Preferred 0.30%
Other 0.28%
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Market Capitalization

As of November 30, 2025
Large 69.74%
Mid 19.23%
Small 11.03%
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Region Exposure

% Developed Markets: 94.61%    % Emerging Markets: 3.06%    % Unidentified Markets: 2.34%

Americas 78.13%
77.59%
Canada 6.02%
United States 71.57%
0.54%
Brazil 0.48%
Chile 0.06%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.97%
United Kingdom 4.09%
5.35%
Austria 0.14%
Finland 0.19%
France 2.04%
Germany 0.36%
Ireland 0.29%
Italy 0.64%
Netherlands 0.09%
Norway 0.82%
Spain 0.09%
Sweden 0.07%
Switzerland 0.23%
0.43%
Czech Republic 0.43%
1.11%
Israel 0.91%
Qatar 0.09%
United Arab Emirates 0.11%
Greater Asia 8.56%
Japan 0.74%
2.83%
Australia 1.47%
2.90%
South Korea 1.47%
Taiwan 1.43%
2.09%
China 0.09%
India 0.34%
Indonesia 0.88%
Philippines 0.78%
Unidentified Region 2.34%

Bond Credit Quality Exposure

AAA 10.94%
AA 16.60%
A 5.95%
BBB 29.73%
BB 15.24%
B 4.45%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.13%
Not Available 16.96%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
18.40%
Materials
0.43%
Consumer Discretionary
7.23%
Financials
5.62%
Real Estate
5.11%
Sensitive
21.33%
Communication Services
5.25%
Energy
2.81%
Industrials
2.16%
Information Technology
11.11%
Defensive
18.59%
Consumer Staples
3.03%
Health Care
15.56%
Utilities
0.00%
Not Classified
41.69%
Non Classified Equity
0.46%
Not Classified - Non Equity
41.23%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 24.81%
Corporate 53.37%
Securitized 11.17%
Municipal 3.04%
Other 7.60%
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Bond Maturity Exposure

Short Term
3.07%
Less than 1 Year
3.07%
Intermediate
56.83%
1 to 3 Years
3.78%
3 to 5 Years
12.96%
5 to 10 Years
40.10%
Long Term
36.94%
10 to 20 Years
14.55%
20 to 30 Years
15.89%
Over 30 Years
6.49%
Other
3.17%
As of November 30, 2025
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