Asset Allocation

As of November 30, 2025.
Type % Net
Cash 11.24%
Stock 37.82%
Bond 49.81%
Convertible 0.00%
Preferred 0.04%
Other 1.08%
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Market Capitalization

Large --
Mid --
Small --
No Data Available
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Region Exposure

% Developed Markets: 84.09%    % Emerging Markets: 3.30%    % Unidentified Markets: 12.62%

Americas 76.44%
74.73%
Canada 0.66%
United States 74.07%
1.71%
Argentina 0.08%
Brazil 0.12%
Chile 0.10%
Colombia 0.07%
Mexico 0.21%
Peru 0.08%
Venezuela 0.03%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.13%
United Kingdom 1.73%
4.04%
Austria 0.00%
Belgium 0.02%
Denmark 0.07%
Finland 0.05%
France 0.84%
Germany 0.43%
Greece 0.01%
Ireland 0.54%
Italy 0.22%
Netherlands 0.44%
Norway 0.04%
Portugal 0.02%
Spain 0.17%
Sweden 0.09%
Switzerland 0.76%
0.37%
Czech Republic 0.00%
Poland 0.06%
Turkey 0.10%
0.99%
Egypt 0.06%
Israel 0.08%
Nigeria 0.05%
Qatar 0.03%
Saudi Arabia 0.15%
South Africa 0.12%
United Arab Emirates 0.11%
Greater Asia 3.81%
Japan 1.27%
0.40%
Australia 0.35%
1.26%
Hong Kong 0.14%
Singapore 0.11%
South Korea 0.42%
Taiwan 0.57%
0.89%
China 0.29%
India 0.19%
Indonesia 0.11%
Kazakhstan 0.02%
Malaysia 0.06%
Pakistan 0.03%
Philippines 0.06%
Thailand 0.06%
Unidentified Region 12.62%

Bond Credit Quality Exposure

AAA 3.05%
AA 32.43%
A 9.70%
BBB 17.36%
BB 8.30%
B 4.44%
Below B 1.02%
    CCC 0.98%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.03%
Not Rated 0.30%
Not Available 23.40%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
21.03%
Materials
2.43%
Consumer Discretionary
6.55%
Financials
10.57%
Real Estate
1.49%
Sensitive
33.04%
Communication Services
6.15%
Energy
2.15%
Industrials
7.36%
Information Technology
17.37%
Defensive
11.35%
Consumer Staples
2.17%
Health Care
6.85%
Utilities
2.33%
Not Classified
34.58%
Non Classified Equity
1.15%
Not Classified - Non Equity
33.43%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 36.36%
Corporate 36.84%
Securitized 25.89%
Municipal 0.05%
Other 0.87%
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Bond Maturity Exposure

Short Term
9.51%
Less than 1 Year
9.51%
Intermediate
49.24%
1 to 3 Years
14.00%
3 to 5 Years
16.79%
5 to 10 Years
18.46%
Long Term
40.70%
10 to 20 Years
8.71%
20 to 30 Years
28.58%
Over 30 Years
3.40%
Other
0.55%
As of November 30, 2025
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