Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.71%
Stock 0.00%
Bond 98.00%
Convertible 0.00%
Preferred 0.16%
Other -0.87%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 20.99%
Corporate 41.08%
Securitized 35.10%
Municipal 0.00%
Other 2.83%
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Region Exposure

% Developed Markets: 50.80%    % Emerging Markets: 24.77%    % Unidentified Markets: 24.43%

Americas 60.37%
40.61%
Canada 1.09%
United States 39.53%
19.76%
Argentina 0.61%
Brazil 7.21%
Chile 0.24%
Colombia 0.58%
Mexico 3.46%
Peru 2.76%
Venezuela 0.06%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.22%
United Kingdom 1.78%
5.55%
France 1.16%
Ireland 2.02%
Italy 0.75%
Netherlands 0.23%
Portugal 0.22%
3.39%
Czech Republic 0.09%
Poland 0.13%
Turkey 0.72%
2.50%
Egypt 0.23%
Nigeria 0.19%
South Africa 1.11%
Greater Asia 1.97%
Japan 0.00%
0.00%
0.22%
Singapore 0.22%
South Korea 0.01%
1.74%
China 0.24%
Indonesia 0.25%
Malaysia 0.19%
Philippines 0.01%
Thailand 0.15%
Unidentified Region 24.43%

Bond Credit Quality Exposure

AAA 14.29%
AA 6.49%
A 6.91%
BBB 20.79%
BB 21.43%
B 10.30%
Below B 1.52%
    CCC 1.52%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 6.93%
Not Available 11.33%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
6.17%
Less than 1 Year
6.17%
Intermediate
50.59%
1 to 3 Years
3.89%
3 to 5 Years
11.23%
5 to 10 Years
35.47%
Long Term
42.83%
10 to 20 Years
32.06%
20 to 30 Years
4.80%
Over 30 Years
5.97%
Other
0.42%
As of November 30, 2025
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