Asset Allocation

As of November 30, 2025.
Type % Net
Cash 17.08%
Stock 0.00%
Bond 84.84%
Convertible 0.00%
Preferred 0.00%
Other -1.93%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 34.99%
Corporate 63.40%
Securitized 0.00%
Municipal 0.00%
Other 1.61%
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Region Exposure

% Developed Markets: 84.63%    % Emerging Markets: 15.17%    % Unidentified Markets: 0.20%

Americas 33.63%
27.82%
Canada 16.50%
United States 11.33%
5.80%
Colombia 4.05%
Mexico 1.75%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 55.13%
United Kingdom 8.22%
37.89%
Belgium 2.10%
Denmark 1.97%
Finland 0.48%
France 8.94%
Germany 8.08%
Ireland 1.12%
Italy 2.13%
Netherlands 5.10%
Norway 1.02%
Spain 2.88%
Sweden 0.53%
Switzerland 1.92%
7.69%
Poland 0.01%
1.32%
South Africa 1.32%
Greater Asia 11.05%
Japan 8.74%
2.30%
Australia 2.30%
0.00%
0.00%
Unidentified Region 0.20%

Bond Credit Quality Exposure

AAA 6.15%
AA 2.05%
A 17.97%
BBB 48.08%
BB 16.85%
B 1.03%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 7.87%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.74%
Less than 1 Year
0.74%
Intermediate
53.63%
1 to 3 Years
1.01%
3 to 5 Years
9.26%
5 to 10 Years
43.36%
Long Term
35.38%
10 to 20 Years
14.62%
20 to 30 Years
12.98%
Over 30 Years
7.79%
Other
10.25%
As of November 30, 2025
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