Asset Allocation

As of November 30, 2025.
Type % Net
Cash 95.14%
Stock 0.00%
Bond 4.86%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 29.41%
Corporate 9.86%
Securitized 2.97%
Municipal 57.77%
Other 0.00%
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Region Exposure

% Developed Markets: 56.68%    % Emerging Markets: 0.00%    % Unidentified Markets: 43.32%

Americas 42.58%
42.35%
Canada 3.95%
United States 38.40%
0.24%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.36%
United Kingdom 1.66%
4.70%
Finland 0.47%
Norway 0.71%
Sweden 1.62%
0.00%
0.00%
Greater Asia 7.73%
Japan 0.48%
6.07%
Australia 4.62%
1.19%
Singapore 1.19%
0.00%
Unidentified Region 43.32%

Bond Credit Quality Exposure

AAA 0.00%
AA 5.93%
A 0.00%
BBB 0.00%
BB 0.00%
B 0.00%
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 94.07%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
47.19%
Less than 1 Year
47.19%
Intermediate
0.00%
1 to 3 Years
0.00%
3 to 5 Years
0.00%
5 to 10 Years
0.00%
Long Term
42.95%
10 to 20 Years
34.10%
20 to 30 Years
8.85%
Over 30 Years
0.00%
Other
9.86%
As of November 30, 2025
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