Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.57%
Stock 41.52%
Bond 42.79%
Convertible 0.00%
Preferred 0.00%
Other 15.12%
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Market Capitalization

As of November 30, 2025
Large 76.65%
Mid 15.38%
Small 7.98%
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Region Exposure

% Developed Markets: 45.02%    % Emerging Markets: 39.83%    % Unidentified Markets: 15.15%

Americas 24.29%
11.46%
United States 11.46%
12.83%
Brazil 1.94%
Colombia 3.86%
Mexico 0.00%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 41.83%
United Kingdom 10.85%
12.86%
France 1.45%
Germany 5.24%
Greece 0.43%
Netherlands 4.78%
Spain 0.69%
0.00%
18.12%
Egypt 6.07%
Nigeria 0.69%
South Africa 4.49%
Greater Asia 18.73%
Japan 5.51%
0.00%
4.33%
Hong Kong 0.72%
South Korea 1.47%
Taiwan 2.14%
8.88%
China 0.66%
India 4.47%
Kazakhstan 2.86%
Unidentified Region 15.15%

Bond Credit Quality Exposure

AAA 0.29%
AA 0.00%
A 0.00%
BBB 9.94%
BB 29.02%
B 20.18%
Below B 4.72%
    CCC 4.72%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 35.85%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
30.17%
Materials
0.00%
Consumer Discretionary
3.94%
Financials
24.60%
Real Estate
1.63%
Sensitive
50.01%
Communication Services
6.52%
Energy
10.39%
Industrials
13.80%
Information Technology
19.29%
Defensive
14.20%
Consumer Staples
4.43%
Health Care
9.77%
Utilities
0.00%
Not Classified
5.62%
Non Classified Equity
0.00%
Not Classified - Non Equity
5.62%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 94.13%
Corporate 5.87%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Bond Maturity Exposure

Short Term
16.68%
Less than 1 Year
16.68%
Intermediate
54.89%
1 to 3 Years
3.38%
3 to 5 Years
8.27%
5 to 10 Years
43.25%
Long Term
28.43%
10 to 20 Years
24.56%
20 to 30 Years
1.79%
Over 30 Years
2.08%
Other
0.00%
As of November 30, 2025
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