Asset Allocation

As of November 30, 2025.
Type % Net
Cash -0.82%
Stock 1.60%
Bond 95.63%
Convertible 0.00%
Preferred 0.15%
Other 3.44%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 8.71%
Corporate 83.29%
Securitized 1.47%
Municipal 0.00%
Other 6.52%
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Region Exposure

% Developed Markets: 88.37%    % Emerging Markets: 0.23%    % Unidentified Markets: 11.40%

Americas 83.77%
81.72%
Canada 5.45%
United States 76.28%
2.05%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.78%
United Kingdom 1.01%
2.77%
France 0.94%
Germany 0.07%
Ireland 0.09%
Italy 0.12%
Netherlands 0.22%
0.00%
0.00%
Greater Asia 1.04%
Japan 0.36%
0.36%
Australia 0.36%
0.33%
Singapore 0.05%
0.00%
Unidentified Region 11.40%

Bond Credit Quality Exposure

AAA 1.25%
AA 8.71%
A 0.00%
BBB 3.45%
BB 39.51%
B 30.70%
Below B 10.37%
    CCC 10.22%
    CC 0.11%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.04%
Not Rated 0.00%
Not Available 6.00%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.87%
Less than 1 Year
2.87%
Intermediate
93.00%
1 to 3 Years
23.97%
3 to 5 Years
40.26%
5 to 10 Years
28.77%
Long Term
2.76%
10 to 20 Years
1.63%
20 to 30 Years
1.10%
Over 30 Years
0.03%
Other
1.38%
As of November 30, 2025
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