Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.78%
Stock 66.85%
Bond 23.19%
Convertible 0.32%
Preferred 0.21%
Other 6.66%
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Market Capitalization

As of November 30, 2025
Large 57.83%
Mid 20.17%
Small 22.00%
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Region Exposure

% Developed Markets: 74.92%    % Emerging Markets: 11.73%    % Unidentified Markets: 13.36%

Americas 53.73%
50.28%
Canada 1.95%
United States 48.33%
3.45%
Argentina 0.24%
Brazil 0.90%
Chile 0.26%
Colombia 0.10%
Mexico 0.58%
Peru 0.09%
Venezuela 0.03%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 16.49%
United Kingdom 3.15%
10.26%
Austria 0.00%
Belgium 0.17%
Denmark 0.47%
Finland 0.27%
France 1.99%
Germany 2.03%
Greece 0.14%
Ireland 0.36%
Italy 0.54%
Netherlands 0.88%
Norway 0.10%
Portugal 0.07%
Spain 0.49%
Sweden 1.07%
Switzerland 1.41%
0.73%
Czech Republic 0.00%
Poland 0.16%
Russia 0.00%
Turkey 0.24%
2.34%
Egypt 0.14%
Israel 0.39%
Nigeria 0.12%
Saudi Arabia 0.25%
South Africa 0.61%
United Arab Emirates 0.20%
Greater Asia 16.43%
Japan 2.69%
0.88%
Australia 0.82%
6.39%
Hong Kong 1.49%
Singapore 0.77%
South Korea 1.89%
Taiwan 2.18%
6.47%
China 3.60%
India 1.86%
Indonesia 0.42%
Kazakhstan 0.12%
Malaysia 0.11%
Pakistan 0.04%
Philippines 0.21%
Thailand 0.03%
Unidentified Region 13.36%

Bond Credit Quality Exposure

AAA 1.10%
AA 2.94%
A 2.32%
BBB 14.13%
BB 9.18%
B 3.40%
Below B 2.30%
    CCC 2.20%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.11%
Not Rated 5.34%
Not Available 59.29%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
35.12%
Materials
5.26%
Consumer Discretionary
9.61%
Financials
12.30%
Real Estate
7.95%
Sensitive
37.34%
Communication Services
6.59%
Energy
3.12%
Industrials
11.89%
Information Technology
15.75%
Defensive
15.10%
Consumer Staples
3.98%
Health Care
8.98%
Utilities
2.13%
Not Classified
12.44%
Non Classified Equity
0.46%
Not Classified - Non Equity
11.98%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 15.67%
Corporate 4.38%
Securitized 21.62%
Municipal 0.20%
Other 58.14%
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Bond Maturity Exposure

Short Term
19.13%
Less than 1 Year
19.13%
Intermediate
40.70%
1 to 3 Years
19.99%
3 to 5 Years
9.54%
5 to 10 Years
11.18%
Long Term
36.67%
10 to 20 Years
22.76%
20 to 30 Years
7.57%
Over 30 Years
6.33%
Other
3.50%
As of November 30, 2025
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