Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.27%
Stock 1.78%
Bond 96.27%
Convertible 0.00%
Preferred 0.24%
Other 0.44%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 2.31%
Corporate 82.66%
Securitized 2.80%
Municipal 0.00%
Other 12.23%
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Region Exposure

% Developed Markets: 84.05%    % Emerging Markets: 0.25%    % Unidentified Markets: 15.70%

Americas 78.46%
76.69%
Canada 2.40%
United States 74.30%
1.77%
Brazil 0.07%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.13%
United Kingdom 1.25%
2.88%
Austria 0.02%
Denmark 0.15%
France 0.67%
Germany 0.16%
Greece 0.08%
Ireland 0.41%
Italy 0.27%
Netherlands 0.35%
Spain 0.13%
0.00%
0.00%
Greater Asia 1.71%
Japan 0.98%
0.41%
Australia 0.41%
0.32%
Hong Kong 0.09%
Singapore 0.12%
0.00%
Unidentified Region 15.70%

Bond Credit Quality Exposure

AAA 0.53%
AA 0.67%
A 0.02%
BBB 3.64%
BB 40.46%
B 28.86%
Below B 9.07%
    CCC 8.63%
    CC 0.36%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.09%
Not Rated 1.78%
Not Available 14.97%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
4.02%
Less than 1 Year
4.02%
Intermediate
86.44%
1 to 3 Years
16.14%
3 to 5 Years
36.78%
5 to 10 Years
33.51%
Long Term
4.13%
10 to 20 Years
3.55%
20 to 30 Years
0.57%
Over 30 Years
0.02%
Other
5.41%
As of November 30, 2025
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