Asset Allocation

As of November 30, 2025.
Type % Net
Cash 12.45%
Stock 0.00%
Bond 85.35%
Convertible 0.13%
Preferred 0.07%
Other 2.00%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 23.89%
Corporate 41.02%
Securitized 28.22%
Municipal 5.39%
Other 1.49%
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Region Exposure

% Developed Markets: 84.38%    % Emerging Markets: 13.95%    % Unidentified Markets: 1.67%

Americas 54.69%
53.07%
Canada 1.51%
United States 51.57%
1.62%
Colombia 0.47%
Mexico 0.83%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 33.85%
United Kingdom 3.69%
23.19%
Austria 0.19%
Belgium 1.37%
Denmark 1.53%
France 6.37%
Germany 5.46%
Ireland 0.91%
Italy 0.44%
Netherlands 2.52%
Spain 0.74%
5.84%
Czech Republic 0.85%
Poland 0.66%
Turkey 0.43%
1.13%
United Arab Emirates 0.33%
Greater Asia 9.79%
Japan 0.86%
2.99%
Australia 2.78%
0.72%
Hong Kong 0.54%
Singapore 0.07%
South Korea 0.11%
5.23%
China 3.73%
India 0.10%
Philippines 1.09%
Thailand 0.31%
Unidentified Region 1.67%

Bond Credit Quality Exposure

AAA 20.74%
AA 18.21%
A 11.65%
BBB 13.00%
BB 6.23%
B 2.87%
Below B 0.58%
    CCC 0.58%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.93%
Not Available 25.78%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.85%
Less than 1 Year
0.85%
Intermediate
50.13%
1 to 3 Years
12.20%
3 to 5 Years
15.26%
5 to 10 Years
22.66%
Long Term
48.47%
10 to 20 Years
13.06%
20 to 30 Years
34.58%
Over 30 Years
0.83%
Other
0.55%
As of November 30, 2025
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