Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.77%
Stock 0.00%
Bond 96.92%
Convertible 0.17%
Preferred 0.00%
Other 0.14%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 8.36%
Corporate 44.76%
Securitized 44.53%
Municipal 0.00%
Other 2.35%
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Region Exposure

% Developed Markets: 90.77%    % Emerging Markets: 4.15%    % Unidentified Markets: 5.08%

Americas 80.41%
73.90%
Canada 1.20%
United States 72.70%
6.51%
Argentina 0.07%
Brazil 0.03%
Mexico 1.20%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.47%
United Kingdom 2.22%
6.00%
Austria 0.04%
Finland 0.45%
France 0.50%
Germany 0.19%
Ireland 0.59%
Netherlands 0.85%
Spain 0.32%
Sweden -0.01%
Switzerland 1.17%
1.10%
Turkey 0.30%
1.14%
Egypt 0.16%
Saudi Arabia 0.66%
Greater Asia 4.04%
Japan 3.59%
0.02%
Australia 0.02%
0.43%
South Korea 0.43%
0.00%
Unidentified Region 5.08%

Bond Credit Quality Exposure

AAA 22.06%
AA 18.89%
A 17.23%
BBB 19.18%
BB 10.43%
B 1.44%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.43%
Not Available 10.34%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.72%
Less than 1 Year
0.72%
Intermediate
40.56%
1 to 3 Years
2.55%
3 to 5 Years
9.34%
5 to 10 Years
28.67%
Long Term
56.49%
10 to 20 Years
14.45%
20 to 30 Years
33.29%
Over 30 Years
8.74%
Other
2.23%
As of November 30, 2025
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