Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.99%
Stock 0.00%
Bond 96.19%
Convertible 0.00%
Preferred 0.00%
Other 0.82%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 43.40%
Corporate 37.26%
Securitized 13.63%
Municipal 5.27%
Other 0.44%
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Region Exposure

% Developed Markets: 91.35%    % Emerging Markets: 4.86%    % Unidentified Markets: 3.80%

Americas 51.80%
50.30%
Canada 11.77%
United States 38.53%
1.50%
Brazil 0.16%
Mexico 0.51%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 36.65%
United Kingdom 7.00%
26.27%
Austria 0.07%
Belgium 0.98%
Denmark 0.22%
France 3.74%
Germany 4.89%
Greece 0.55%
Ireland 1.36%
Italy 3.26%
Netherlands 3.33%
Norway 0.95%
Portugal 0.07%
Spain 4.14%
Switzerland 1.44%
1.67%
Czech Republic 0.27%
Poland 1.26%
Turkey 0.14%
1.72%
Saudi Arabia 0.67%
South Africa 0.39%
United Arab Emirates 0.33%
Greater Asia 7.75%
Japan 4.32%
1.50%
Australia 1.05%
1.63%
Singapore 0.40%
South Korea 1.23%
0.31%
China 0.31%
Unidentified Region 3.80%

Bond Credit Quality Exposure

AAA 18.80%
AA 23.27%
A 22.28%
BBB 12.19%
BB 2.03%
B 0.17%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.17%
Not Available 21.10%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
6.90%
Less than 1 Year
6.90%
Intermediate
59.18%
1 to 3 Years
14.43%
3 to 5 Years
17.36%
5 to 10 Years
27.38%
Long Term
32.88%
10 to 20 Years
12.69%
20 to 30 Years
19.27%
Over 30 Years
0.92%
Other
1.05%
As of November 30, 2025
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