Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.51%
Stock 0.00%
Bond 95.34%
Convertible 0.00%
Preferred 0.00%
Other 3.15%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 52.99%
Corporate 14.46%
Securitized 31.13%
Municipal 0.93%
Other 0.50%
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Region Exposure

% Developed Markets: 87.67%    % Emerging Markets: 13.73%    % Unidentified Markets: -1.40%

Americas 45.42%
42.63%
Canada 0.94%
United States 41.69%
2.79%
Argentina 0.10%
Brazil 1.76%
Chile 0.19%
Colombia 0.05%
Mexico 0.36%
Peru 0.11%
Venezuela 0.02%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 37.87%
United Kingdom 15.15%
21.59%
Austria 1.22%
Belgium 3.29%
Finland 0.89%
France 4.78%
Germany 4.43%
Ireland 4.51%
Italy 0.65%
Netherlands 0.56%
Norway 0.13%
Spain 0.72%
Sweden 0.24%
0.61%
Czech Republic 0.16%
Poland 0.20%
Turkey 0.04%
0.52%
Egypt 0.13%
Israel 0.15%
Nigeria 0.01%
Saudi Arabia 0.04%
South Africa 0.02%
United Arab Emirates 0.02%
Greater Asia 18.11%
Japan 3.59%
2.65%
Australia 2.46%
1.79%
Singapore 0.66%
South Korea 1.14%
10.08%
China 8.63%
Indonesia 0.52%
Kazakhstan 0.01%
Malaysia 0.43%
Philippines 0.01%
Thailand 0.46%
Unidentified Region -1.40%

Bond Credit Quality Exposure

AAA 8.57%
AA 33.27%
A 13.51%
BBB 8.03%
BB 4.38%
B 2.08%
Below B 2.45%
    CCC 2.37%
    CC 0.06%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 1.45%
Not Available 26.27%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
1.11%
Less than 1 Year
1.11%
Intermediate
56.20%
1 to 3 Years
9.39%
3 to 5 Years
22.26%
5 to 10 Years
24.55%
Long Term
42.53%
10 to 20 Years
11.66%
20 to 30 Years
28.58%
Over 30 Years
2.30%
Other
0.16%
As of November 30, 2025
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