Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.74%
Stock 3.45%
Bond 90.48%
Convertible 0.00%
Preferred 4.52%
Other 0.81%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 60.01%
Securitized 0.00%
Municipal 0.00%
Other 39.99%
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Region Exposure

% Developed Markets: 95.81%    % Emerging Markets: 0.20%    % Unidentified Markets: 4.00%

Americas 60.26%
57.21%
Canada 11.16%
United States 46.05%
3.05%
Chile 0.10%
Mexico 0.09%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 35.53%
United Kingdom 14.60%
20.93%
Finland 0.83%
France 9.07%
Germany 0.58%
Ireland 0.71%
Netherlands 1.42%
Spain 5.19%
Switzerland 3.13%
0.00%
0.00%
Greater Asia 0.21%
Japan 0.21%
0.00%
0.00%
0.00%
Unidentified Region 4.00%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 57.07%
BB 40.08%
B 1.00%
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 1.85%
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
1.30%
1 to 3 Years
1.15%
3 to 5 Years
0.15%
5 to 10 Years
0.00%
Long Term
37.09%
10 to 20 Years
1.52%
20 to 30 Years
13.61%
Over 30 Years
21.96%
Other
61.61%
As of November 30, 2025
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