Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.61%
Stock 0.14%
Bond 98.82%
Convertible 0.00%
Preferred 0.00%
Other -0.57%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 18.47%
Corporate 80.14%
Securitized 0.00%
Municipal 0.49%
Other 0.89%
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Region Exposure

% Developed Markets: 49.27%    % Emerging Markets: 50.23%    % Unidentified Markets: 0.50%

Americas 42.38%
6.92%
Canada 2.08%
United States 4.83%
35.46%
Argentina 1.80%
Brazil 1.55%
Chile 3.81%
Colombia 5.56%
Mexico 7.86%
Peru 4.24%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 41.16%
United Kingdom 11.48%
9.41%
Austria 0.41%
Netherlands 4.07%
Spain 0.59%
10.19%
Poland 0.34%
Turkey 9.22%
10.08%
Nigeria 0.18%
South Africa 0.50%
United Arab Emirates 7.69%
Greater Asia 15.96%
Japan 0.00%
0.00%
8.84%
Hong Kong 4.02%
Singapore 0.77%
South Korea 1.86%
7.11%
China 1.30%
India 1.57%
Indonesia 0.34%
Kazakhstan 1.26%
Malaysia 0.86%
Philippines 0.34%
Thailand 0.27%
Unidentified Region 0.50%

Bond Credit Quality Exposure

AAA 0.00%
AA 7.36%
A 3.53%
BBB 32.85%
BB 34.87%
B 17.75%
Below B 2.49%
    CCC 2.18%
    CC 0.00%
    C 0.19%
    DDD 0.00%
    DD 0.00%
    D 0.11%
Not Rated 0.02%
Not Available 1.13%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.94%
Less than 1 Year
2.94%
Intermediate
73.17%
1 to 3 Years
12.69%
3 to 5 Years
22.17%
5 to 10 Years
38.31%
Long Term
16.12%
10 to 20 Years
7.99%
20 to 30 Years
7.37%
Over 30 Years
0.76%
Other
7.77%
As of November 30, 2025
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