Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.88%
Stock 48.66%
Bond 41.30%
Convertible 0.00%
Preferred 0.00%
Other 7.16%
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Market Capitalization

As of November 30, 2025
Large 57.86%
Mid 22.96%
Small 19.18%
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Region Exposure

% Developed Markets: 88.11%    % Emerging Markets: 3.29%    % Unidentified Markets: 8.60%

Americas 60.28%
54.77%
Canada 2.28%
United States 52.49%
5.51%
Argentina 0.26%
Brazil 0.44%
Mexico 1.97%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 25.29%
United Kingdom 4.78%
20.24%
Belgium 0.78%
Denmark 0.42%
Finland 0.99%
France 2.87%
Germany 1.05%
Greece 0.40%
Ireland 2.06%
Italy 2.63%
Netherlands 6.80%
Norway 0.07%
Spain 1.11%
Switzerland 1.00%
0.28%
Turkey 0.22%
0.00%
Greater Asia 5.82%
Japan 1.59%
0.00%
3.92%
Hong Kong 0.11%
Singapore 0.41%
South Korea 3.41%
0.31%
Indonesia 0.15%
Philippines 0.15%
Unidentified Region 8.60%

Bond Credit Quality Exposure

AAA 3.12%
AA 9.45%
A 0.47%
BBB 8.04%
BB 2.86%
B 0.49%
Below B 0.09%
    CCC 0.09%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.90%
Not Available 73.60%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
55.73%
Materials
8.87%
Consumer Discretionary
8.71%
Financials
37.32%
Real Estate
0.84%
Sensitive
19.80%
Communication Services
0.00%
Energy
5.84%
Industrials
4.95%
Information Technology
9.02%
Defensive
20.81%
Consumer Staples
5.11%
Health Care
10.80%
Utilities
4.89%
Not Classified
3.66%
Non Classified Equity
0.25%
Not Classified - Non Equity
3.41%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 12.41%
Corporate 33.10%
Securitized 40.96%
Municipal 0.00%
Other 13.54%
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Bond Maturity Exposure

Short Term
31.90%
Less than 1 Year
31.90%
Intermediate
12.92%
1 to 3 Years
6.13%
3 to 5 Years
2.96%
5 to 10 Years
3.84%
Long Term
52.64%
10 to 20 Years
10.32%
20 to 30 Years
40.70%
Over 30 Years
1.62%
Other
2.53%
As of November 30, 2025
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