Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.72%
Stock 47.74%
Bond 48.79%
Convertible 0.00%
Preferred 1.83%
Other -0.07%
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Market Capitalization

Large --
Mid --
Small --
No Data Available
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Region Exposure

% Developed Markets: 33.97%    % Emerging Markets: 66.01%    % Unidentified Markets: 0.02%

Americas 27.85%
3.05%
Canada 0.45%
United States 2.60%
24.79%
Argentina 1.37%
Brazil 3.89%
Chile 1.70%
Colombia 2.25%
Mexico 4.51%
Peru 2.00%
Venezuela 0.27%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 28.83%
United Kingdom 3.78%
1.45%
Austria 0.04%
Greece 0.12%
Netherlands 0.37%
Spain 0.05%
6.38%
Poland 0.75%
Turkey 2.79%
17.22%
Egypt 1.69%
Nigeria 1.23%
Qatar 0.94%
Saudi Arabia 1.37%
South Africa 3.69%
United Arab Emirates 2.48%
Greater Asia 43.30%
Japan 0.00%
0.00%
20.67%
Hong Kong 5.43%
Singapore 0.20%
South Korea 5.86%
Taiwan 8.99%
22.63%
China 7.44%
India 8.28%
Indonesia 2.20%
Kazakhstan 0.54%
Malaysia 0.63%
Pakistan 0.59%
Philippines 1.26%
Thailand 0.02%
Unidentified Region 0.02%

Bond Credit Quality Exposure

AAA 0.00%
AA 6.95%
A 7.63%
BBB 31.09%
BB 28.63%
B 15.80%
Below B 8.93%
    CCC 8.41%
    CC 0.00%
    C 0.35%
    DDD 0.00%
    DD 0.00%
    D 0.17%
Not Rated 0.23%
Not Available 0.74%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
25.70%
Materials
2.28%
Consumer Discretionary
8.40%
Financials
13.14%
Real Estate
1.88%
Sensitive
18.67%
Communication Services
2.59%
Energy
0.00%
Industrials
2.70%
Information Technology
13.38%
Defensive
5.52%
Consumer Staples
4.61%
Health Care
0.77%
Utilities
0.15%
Not Classified
50.11%
Non Classified Equity
0.00%
Not Classified - Non Equity
50.11%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 79.98%
Corporate 17.93%
Securitized 0.00%
Municipal 1.93%
Other 0.16%
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Bond Maturity Exposure

Short Term
3.75%
Less than 1 Year
3.75%
Intermediate
56.22%
1 to 3 Years
12.55%
3 to 5 Years
13.67%
5 to 10 Years
30.00%
Long Term
38.86%
10 to 20 Years
20.42%
20 to 30 Years
17.46%
Over 30 Years
0.97%
Other
1.17%
As of November 30, 2025
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