Asset Allocation

As of November 30, 2025.
Type % Net
Cash 16.28%
Stock 0.00%
Bond 83.57%
Convertible 0.00%
Preferred 0.00%
Other 0.15%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 55.59%
Securitized 43.89%
Municipal 0.00%
Other 0.52%
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Region Exposure

% Developed Markets: 85.82%    % Emerging Markets: 3.34%    % Unidentified Markets: 10.84%

Americas 80.55%
74.23%
Canada 4.48%
United States 69.75%
6.32%
Brazil 0.44%
Mexico 0.94%
Peru 0.44%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.91%
United Kingdom 1.84%
2.67%
Austria 0.39%
Denmark 0.33%
France 0.93%
Ireland 0.50%
Netherlands 0.21%
0.00%
0.40%
South Africa 0.40%
Greater Asia 3.70%
Japan 0.00%
1.15%
Australia 1.15%
1.44%
South Korea 1.44%
1.11%
India 0.41%
Indonesia 0.20%
Thailand 0.50%
Unidentified Region 10.84%

Bond Credit Quality Exposure

AAA 14.72%
AA 11.31%
A 11.41%
BBB 42.03%
BB 7.65%
B 0.00%
Below B 0.33%
    CCC 0.03%
    CC 0.30%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 5.03%
Not Available 7.52%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
4.52%
Less than 1 Year
4.52%
Intermediate
78.93%
1 to 3 Years
20.24%
3 to 5 Years
35.15%
5 to 10 Years
23.54%
Long Term
16.55%
10 to 20 Years
6.62%
20 to 30 Years
4.22%
Over 30 Years
5.70%
Other
0.00%
As of November 30, 2025
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