Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.68%
Stock 0.07%
Bond 97.25%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 2.86%
Corporate 91.78%
Securitized 0.00%
Municipal 0.00%
Other 5.37%
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Region Exposure

% Developed Markets: 89.36%    % Emerging Markets: 6.93%    % Unidentified Markets: 3.71%

Americas 56.94%
49.19%
Canada 2.71%
United States 46.48%
7.75%
Argentina 0.92%
Brazil 0.88%
Chile 0.34%
Mexico 2.45%
Peru 0.53%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 33.73%
United Kingdom 7.35%
26.06%
Denmark 0.58%
Finland 0.33%
France 2.94%
Germany 6.03%
Greece 0.34%
Italy 1.13%
Netherlands 4.12%
Norway 0.64%
Spain 2.85%
Sweden 1.17%
0.32%
0.00%
Greater Asia 5.63%
Japan 5.05%
0.57%
Australia 0.57%
0.00%
0.00%
Unidentified Region 3.71%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 6.63%
BB 41.98%
B 42.34%
Below B 8.54%
    CCC 8.45%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.08%
Not Rated 0.00%
Not Available 0.51%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.37%
Less than 1 Year
0.37%
Intermediate
69.95%
1 to 3 Years
8.43%
3 to 5 Years
23.81%
5 to 10 Years
37.71%
Long Term
15.30%
10 to 20 Years
4.16%
20 to 30 Years
5.14%
Over 30 Years
6.01%
Other
14.38%
As of November 30, 2025
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