Asset Allocation

As of November 30, 2025.
Type % Net
Cash 4.99%
Stock 0.09%
Bond 95.20%
Convertible 0.01%
Preferred 0.00%
Other -0.30%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 19.78%
Corporate 47.50%
Securitized 30.19%
Municipal 0.06%
Other 2.48%
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Region Exposure

% Developed Markets: 84.53%    % Emerging Markets: 6.42%    % Unidentified Markets: 9.05%

Americas 74.87%
68.80%
Canada 1.94%
United States 66.87%
6.07%
Argentina 0.51%
Chile 0.32%
Colombia 0.19%
Mexico 1.11%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.99%
United Kingdom 1.53%
8.61%
Finland 0.53%
France 0.91%
Germany 0.45%
Greece 0.21%
Ireland 0.38%
Italy 1.31%
Netherlands 2.17%
Norway 0.22%
Portugal 0.24%
Spain 0.48%
1.76%
Czech Republic 0.28%
Turkey 0.79%
2.10%
Egypt 0.61%
Israel 0.14%
Nigeria 0.13%
Greater Asia 2.08%
Japan 1.36%
0.25%
Australia 0.25%
0.41%
Hong Kong 0.25%
Singapore 0.03%
South Korea 0.13%
0.06%
Kazakhstan 0.06%
Unidentified Region 9.05%

Bond Credit Quality Exposure

AAA 3.90%
AA 13.42%
A 5.80%
BBB 18.46%
BB 17.20%
B 8.99%
Below B 1.30%
    CCC 1.30%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.40%
Not Available 28.52%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
11.96%
Less than 1 Year
11.96%
Intermediate
49.47%
1 to 3 Years
3.97%
3 to 5 Years
14.95%
5 to 10 Years
30.55%
Long Term
35.95%
10 to 20 Years
9.61%
20 to 30 Years
22.13%
Over 30 Years
4.21%
Other
2.62%
As of November 30, 2025
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