Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.28%
Stock 0.00%
Bond 98.65%
Convertible 0.00%
Preferred 0.00%
Other 1.06%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 20.84%
Corporate 69.94%
Securitized 8.66%
Municipal 0.15%
Other 0.40%
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Region Exposure

% Developed Markets: 83.75%    % Emerging Markets: 10.35%    % Unidentified Markets: 5.89%

Americas 83.79%
76.48%
Canada 2.80%
United States 73.68%
7.31%
Argentina 0.78%
Brazil 0.77%
Chile 0.47%
Colombia 0.07%
Mexico 2.29%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.87%
United Kingdom 1.41%
3.38%
Denmark 0.15%
France 0.43%
Germany 0.24%
Ireland 0.60%
Netherlands 0.87%
Spain 0.04%
Switzerland 0.46%
1.74%
Poland 0.12%
Turkey 0.18%
1.34%
Egypt 0.18%
Nigeria 0.15%
South Africa 0.28%
Greater Asia 2.45%
Japan 0.72%
0.28%
Australia 0.28%
0.32%
1.13%
Indonesia 0.54%
Kazakhstan 0.25%
Pakistan 0.16%
Unidentified Region 5.89%

Bond Credit Quality Exposure

AAA 2.45%
AA 12.01%
A 10.27%
BBB 26.64%
BB 28.85%
B 14.47%
Below B 2.19%
    CCC 2.19%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.04%
Not Available 3.09%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.09%
Less than 1 Year
2.09%
Intermediate
88.36%
1 to 3 Years
18.47%
3 to 5 Years
30.37%
5 to 10 Years
39.53%
Long Term
9.04%
10 to 20 Years
5.11%
20 to 30 Years
3.58%
Over 30 Years
0.35%
Other
0.51%
As of November 30, 2025
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