Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.41%
Stock 0.00%
Bond 80.37%
Convertible 0.00%
Preferred 0.00%
Other 17.22%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 50.13%
Corporate 13.69%
Securitized 34.14%
Municipal 0.18%
Other 1.86%
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Region Exposure

% Developed Markets: 71.15%    % Emerging Markets: 11.15%    % Unidentified Markets: 17.70%

Americas 42.89%
39.19%
Canada 2.07%
United States 37.12%
3.70%
Brazil 1.65%
Chile 0.09%
Peru 0.96%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 25.12%
United Kingdom 7.10%
13.07%
Belgium 0.61%
Denmark 0.04%
France 3.70%
Ireland 1.47%
Italy 0.30%
Netherlands 0.07%
Norway 0.03%
Spain 6.05%
Sweden -0.00%
Switzerland 0.36%
1.24%
Poland 0.23%
3.70%
Israel 0.83%
Qatar 0.08%
Saudi Arabia 0.72%
South Africa 1.36%
United Arab Emirates 0.31%
Greater Asia 14.29%
Japan 6.97%
1.59%
Australia 1.56%
0.61%
Singapore 0.33%
South Korea 0.18%
5.13%
China 3.52%
Malaysia 1.61%
Thailand 0.00%
Unidentified Region 17.70%

Bond Credit Quality Exposure

AAA 11.30%
AA 18.90%
A 17.53%
BBB 7.62%
BB 3.74%
B 0.63%
Below B 1.42%
    CCC 1.37%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.04%
Not Rated 0.28%
Not Available 38.57%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.30%
Less than 1 Year
2.30%
Intermediate
46.53%
1 to 3 Years
9.45%
3 to 5 Years
13.98%
5 to 10 Years
23.10%
Long Term
43.36%
10 to 20 Years
11.31%
20 to 30 Years
25.44%
Over 30 Years
6.61%
Other
7.82%
As of November 30, 2025
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