Asset Allocation

As of November 30, 2025.
Type % Net
Cash 3.31%
Stock 0.20%
Bond 98.00%
Convertible 0.00%
Preferred 0.00%
Other -1.51%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 12.16%
Corporate 66.27%
Securitized 17.94%
Municipal 0.00%
Other 3.63%
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Region Exposure

% Developed Markets: 81.90%    % Emerging Markets: 5.99%    % Unidentified Markets: 12.11%

Americas 67.74%
57.73%
Canada 2.50%
United States 55.23%
10.01%
Colombia 0.99%
Mexico 2.23%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 14.77%
United Kingdom 4.24%
7.69%
France 1.51%
Germany 0.91%
Greece 0.34%
Ireland 0.34%
Italy 0.38%
Netherlands 2.34%
Norway 0.90%
Spain 0.46%
Switzerland 0.51%
0.26%
Czech Republic 0.26%
2.58%
Saudi Arabia 0.54%
Greater Asia 5.38%
Japan 4.21%
0.73%
Australia 0.73%
0.44%
0.00%
Unidentified Region 12.11%

Bond Credit Quality Exposure

AAA 4.89%
AA 7.08%
A 13.21%
BBB 23.04%
BB 14.35%
B 8.82%
Below B 1.75%
    CCC 1.75%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 4.64%
Not Available 22.22%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
12.90%
Less than 1 Year
12.90%
Intermediate
47.77%
1 to 3 Years
3.84%
3 to 5 Years
15.06%
5 to 10 Years
28.87%
Long Term
33.59%
10 to 20 Years
19.08%
20 to 30 Years
7.88%
Over 30 Years
6.64%
Other
5.74%
As of November 30, 2025
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