Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.14%
Stock 0.71%
Bond 86.44%
Convertible 0.00%
Preferred 0.01%
Other 10.69%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 19.63%
Corporate 55.59%
Securitized 20.74%
Municipal 0.18%
Other 3.86%
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Region Exposure

% Developed Markets: 60.96%    % Emerging Markets: 17.89%    % Unidentified Markets: 21.15%

Americas 53.75%
43.50%
Canada 2.18%
United States 41.33%
10.25%
Argentina 0.67%
Brazil 0.48%
Chile 0.74%
Colombia 0.55%
Mexico 1.52%
Peru 0.58%
Venezuela 0.10%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 20.90%
United Kingdom 3.04%
9.50%
Austria 0.03%
Belgium 0.10%
Denmark 0.48%
Finland 0.11%
France 1.92%
Germany 1.19%
Ireland 0.51%
Italy 0.73%
Netherlands 1.46%
Norway 0.12%
Portugal 0.09%
Spain 0.24%
Sweden 0.13%
Switzerland 0.05%
2.89%
Czech Republic 0.07%
Poland 0.46%
Turkey 0.89%
5.47%
Egypt 0.50%
Israel 0.01%
Nigeria 0.31%
Qatar 0.12%
Saudi Arabia 0.78%
South Africa 0.64%
United Arab Emirates 0.64%
Greater Asia 4.21%
Japan 0.27%
0.04%
Australia 0.04%
0.42%
Hong Kong 0.28%
Singapore 0.07%
South Korea 0.05%
3.48%
China 0.15%
India 0.18%
Indonesia 0.83%
Kazakhstan 0.34%
Malaysia 0.49%
Pakistan 0.25%
Philippines 0.48%
Thailand 0.08%
Unidentified Region 21.15%

Bond Credit Quality Exposure

AAA 6.27%
AA 3.28%
A 7.87%
BBB 18.78%
BB 31.73%
B 16.03%
Below B 5.45%
    CCC 5.30%
    CC 0.00%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.11%
Not Rated 2.47%
Not Available 8.11%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.39%
Less than 1 Year
1.39%
Intermediate
63.32%
1 to 3 Years
15.74%
3 to 5 Years
23.46%
5 to 10 Years
24.13%
Long Term
32.90%
10 to 20 Years
14.10%
20 to 30 Years
14.72%
Over 30 Years
4.08%
Other
2.39%
As of November 30, 2025
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