Asset Allocation

As of November 30, 2025.
Type % Net
Cash 5.50%
Stock 0.00%
Bond 93.97%
Convertible 0.00%
Preferred 0.00%
Other 0.52%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 1.09%
Corporate 97.06%
Securitized 0.00%
Municipal 0.00%
Other 1.85%
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Region Exposure

% Developed Markets: 93.75%    % Emerging Markets: 0.38%    % Unidentified Markets: 5.87%

Americas 85.09%
82.23%
Canada 7.53%
United States 74.70%
2.86%
Mexico 0.17%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.57%
United Kingdom 1.76%
5.81%
Austria 0.30%
France 0.55%
Greece 0.20%
Ireland 1.69%
Netherlands 0.61%
Switzerland 0.99%
0.00%
0.00%
Greater Asia 1.48%
Japan 0.49%
0.00%
0.99%
Singapore 0.52%
0.00%
Unidentified Region 5.87%

Bond Credit Quality Exposure

AAA 0.00%
AA 1.09%
A 0.00%
BBB 4.24%
BB 47.07%
B 36.84%
Below B 9.66%
    CCC 9.49%
    CC 0.17%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.37%
Not Available 0.73%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.90%
Less than 1 Year
0.90%
Intermediate
92.37%
1 to 3 Years
14.14%
3 to 5 Years
39.65%
5 to 10 Years
38.58%
Long Term
3.65%
10 to 20 Years
1.55%
20 to 30 Years
1.45%
Over 30 Years
0.65%
Other
3.08%
As of November 30, 2025
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