Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.16%
Stock 0.00%
Bond 95.86%
Convertible 0.00%
Preferred 0.00%
Other 1.98%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 4.43%
Corporate 91.52%
Securitized 3.73%
Municipal 0.00%
Other 0.31%
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Region Exposure

% Developed Markets: 86.52%    % Emerging Markets: 8.92%    % Unidentified Markets: 4.55%

Americas 50.66%
45.11%
Canada 0.41%
United States 44.70%
5.55%
Brazil 0.50%
Chile 1.80%
Colombia 0.31%
Mexico 0.98%
Peru 0.31%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 39.19%
United Kingdom 8.30%
27.41%
Austria 0.93%
Belgium 0.91%
Denmark 0.47%
France 4.79%
Germany 2.66%
Greece 0.14%
Ireland 5.49%
Italy 1.80%
Netherlands 3.92%
Norway 0.74%
Spain 1.44%
Sweden 0.24%
Switzerland 0.02%
1.10%
Czech Republic 0.49%
Poland 0.39%
2.38%
South Africa 0.49%
United Arab Emirates 1.89%
Greater Asia 5.60%
Japan 1.64%
0.00%
2.21%
Singapore 0.93%
South Korea 1.28%
1.75%
India 1.01%
Indonesia 0.49%
Unidentified Region 4.55%

Bond Credit Quality Exposure

AAA 3.73%
AA 3.37%
A 10.65%
BBB 45.59%
BB 23.06%
B 12.68%
Below B 0.26%
    CCC 0.26%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 0.65%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.75%
Less than 1 Year
1.75%
Intermediate
79.75%
1 to 3 Years
11.82%
3 to 5 Years
20.93%
5 to 10 Years
47.00%
Long Term
16.85%
10 to 20 Years
9.60%
20 to 30 Years
4.28%
Over 30 Years
2.97%
Other
1.65%
As of November 30, 2025
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