Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.28%
Stock 0.00%
Bond 99.03%
Convertible 0.00%
Preferred 0.01%
Other -0.32%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 19.23%
Corporate 36.19%
Securitized 41.94%
Municipal 1.76%
Other 0.88%
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Region Exposure

% Developed Markets: 85.88%    % Emerging Markets: 6.49%    % Unidentified Markets: 7.63%

Americas 83.07%
76.67%
Canada 3.25%
United States 73.42%
6.41%
Argentina 0.03%
Brazil 0.14%
Chile 0.54%
Colombia 0.19%
Mexico 0.95%
Peru 0.53%
Venezuela 0.02%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.72%
United Kingdom 1.40%
3.10%
Denmark 0.18%
Germany 0.01%
Ireland 0.24%
Netherlands 0.42%
Norway 0.17%
Spain 0.24%
Switzerland 1.04%
0.42%
Czech Republic 0.04%
Poland 0.04%
Turkey 0.28%
1.80%
Israel 0.01%
Saudi Arabia 0.32%
South Africa 0.35%
United Arab Emirates 0.77%
Greater Asia 2.58%
Japan 0.52%
0.74%
Australia 0.54%
0.04%
Hong Kong 0.00%
Singapore 0.01%
South Korea 0.01%
1.27%
China 0.08%
India 0.05%
Indonesia 0.73%
Malaysia 0.05%
Philippines 0.00%
Thailand 0.05%
Unidentified Region 7.63%

Bond Credit Quality Exposure

AAA 13.67%
AA 20.65%
A 7.80%
BBB 23.65%
BB 5.62%
B 3.34%
Below B 0.10%
    CCC 0.10%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.80%
Not Available 24.37%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
4.93%
Less than 1 Year
4.93%
Intermediate
44.64%
1 to 3 Years
7.91%
3 to 5 Years
13.06%
5 to 10 Years
23.67%
Long Term
48.81%
10 to 20 Years
10.98%
20 to 30 Years
32.89%
Over 30 Years
4.94%
Other
1.62%
As of November 30, 2025
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