Asset Allocation

As of November 30, 2025.
Type % Net
Cash 11.37%
Stock 0.01%
Bond 88.38%
Convertible 0.00%
Preferred 0.11%
Other 0.14%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 36.17%
Corporate 60.12%
Securitized 0.80%
Municipal 1.83%
Other 1.09%
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Region Exposure

% Developed Markets: 86.23%    % Emerging Markets: 10.01%    % Unidentified Markets: 3.76%

Americas 72.43%
67.05%
Canada 16.81%
United States 50.24%
5.38%
Argentina 0.23%
Brazil 0.42%
Chile 0.48%
Colombia 0.68%
Mexico 1.37%
Peru 0.53%
Venezuela 0.03%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 19.25%
United Kingdom 3.76%
11.61%
Austria 0.16%
Belgium 0.04%
Denmark 0.09%
Finland 0.02%
France 2.63%
Germany 1.70%
Greece 0.00%
Ireland 1.02%
Italy 1.75%
Netherlands 1.48%
Norway 0.41%
Spain 1.30%
Sweden 0.18%
Switzerland 0.32%
1.69%
Czech Republic 0.11%
Poland 0.29%
Russia 0.00%
Turkey 0.76%
2.19%
Egypt 0.19%
Nigeria 0.15%
Qatar 0.13%
Saudi Arabia 0.13%
South Africa 0.41%
United Arab Emirates 0.41%
Greater Asia 4.56%
Japan 1.67%
0.46%
Australia 0.34%
0.69%
Hong Kong 0.27%
Singapore 0.25%
South Korea 0.06%
1.74%
China 0.28%
India 0.17%
Indonesia 0.36%
Kazakhstan 0.10%
Malaysia 0.25%
Pakistan 0.05%
Philippines 0.16%
Thailand 0.20%
Unidentified Region 3.76%

Bond Credit Quality Exposure

AAA 2.28%
AA 24.10%
A 11.89%
BBB 32.56%
BB 13.97%
B 5.89%
Below B 1.01%
    CCC 0.98%
    CC 0.00%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.06%
Not Available 8.23%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
5.98%
Less than 1 Year
5.98%
Intermediate
67.82%
1 to 3 Years
20.58%
3 to 5 Years
22.63%
5 to 10 Years
24.62%
Long Term
23.76%
10 to 20 Years
10.01%
20 to 30 Years
11.25%
Over 30 Years
2.51%
Other
2.44%
As of November 30, 2025
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