Asset Allocation

As of November 30, 2025.
Type % Net
Cash 5.96%
Stock 0.28%
Bond 97.81%
Convertible 0.00%
Preferred 0.00%
Other -4.05%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 50.78%
Corporate 33.07%
Securitized 13.24%
Municipal 1.25%
Other 1.67%
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Region Exposure

% Developed Markets: 80.60%    % Emerging Markets: 18.01%    % Unidentified Markets: 1.39%

Americas 57.38%
49.08%
Canada 1.87%
United States 47.21%
8.30%
Brazil 1.39%
Chile 0.35%
Colombia 1.11%
Mexico 2.96%
Peru 0.29%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 36.03%
United Kingdom 4.48%
23.49%
Austria 0.61%
Denmark 0.00%
France 4.02%
Germany 0.95%
Greece 2.57%
Ireland 0.62%
Italy 4.06%
Netherlands 3.16%
Norway 0.42%
Portugal 0.35%
Spain 1.80%
Sweden -0.07%
Switzerland 0.24%
3.70%
Czech Republic -0.09%
Poland -0.16%
Turkey 0.06%
4.36%
Israel 1.68%
Saudi Arabia 0.82%
South Africa 0.55%
United Arab Emirates 1.31%
Greater Asia 5.20%
Japan -0.40%
-0.34%
Australia -0.32%
0.42%
Hong Kong 0.39%
Singapore 0.02%
5.52%
China 1.21%
India 0.62%
Indonesia 1.98%
Malaysia 0.01%
Philippines 1.70%
Unidentified Region 1.39%

Bond Credit Quality Exposure

AAA 9.91%
AA 23.87%
A 15.42%
BBB 33.29%
BB 8.34%
B 2.59%
Below B 0.72%
    CCC 0.72%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.85%
Not Available 4.02%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.25%
Less than 1 Year
1.25%
Intermediate
69.21%
1 to 3 Years
18.95%
3 to 5 Years
17.94%
5 to 10 Years
32.32%
Long Term
27.62%
10 to 20 Years
13.45%
20 to 30 Years
12.08%
Over 30 Years
2.08%
Other
1.93%
As of November 30, 2025
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