Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.51%
Stock 0.00%
Bond 99.25%
Convertible 0.00%
Preferred 0.57%
Other -2.33%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 32.41%
Corporate 34.18%
Securitized 30.14%
Municipal 1.72%
Other 1.55%
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Region Exposure

% Developed Markets: 83.70%    % Emerging Markets: 7.39%    % Unidentified Markets: 8.91%

Americas 79.42%
73.60%
Canada 2.86%
United States 70.74%
5.82%
Argentina 0.01%
Brazil 0.12%
Chile 0.61%
Colombia 0.07%
Mexico 0.81%
Peru 0.43%
Venezuela 0.02%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.40%
United Kingdom 1.59%
5.19%
Denmark 0.17%
Germany 0.00%
Ireland 1.87%
Netherlands 0.66%
Norway 0.25%
Spain 0.46%
Switzerland 1.05%
0.53%
Czech Republic 0.03%
Poland 0.04%
Turkey 0.23%
2.09%
Israel 0.00%
Nigeria 0.22%
Saudi Arabia 0.33%
South Africa 0.36%
United Arab Emirates 0.74%
Greater Asia 2.27%
Japan 0.17%
0.38%
Australia 0.38%
0.03%
Hong Kong 0.00%
Singapore 0.01%
South Korea 0.01%
1.69%
China 0.08%
India 0.47%
Indonesia 0.73%
Malaysia 0.06%
Philippines 0.00%
Thailand 0.05%
Unidentified Region 8.91%

Bond Credit Quality Exposure

AAA 12.93%
AA 23.95%
A 3.46%
BBB 22.74%
BB 10.11%
B 4.35%
Below B 0.48%
    CCC 0.48%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.19%
Not Available 19.79%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
7.91%
Less than 1 Year
7.91%
Intermediate
57.01%
1 to 3 Years
6.75%
3 to 5 Years
12.54%
5 to 10 Years
37.72%
Long Term
33.22%
10 to 20 Years
9.96%
20 to 30 Years
18.26%
Over 30 Years
5.01%
Other
1.86%
As of November 30, 2025
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