Asset Allocation

As of November 30, 2025.
Type % Net
Cash 5.21%
Stock 40.73%
Bond 26.53%
Convertible 0.00%
Preferred 0.15%
Other 27.38%
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Market Capitalization

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

% Developed Markets: 64.64%    % Emerging Markets: 4.46%    % Unidentified Markets: 30.90%

Americas 52.31%
50.80%
Canada 0.96%
United States 49.84%
1.51%
Argentina 0.03%
Brazil 0.47%
Chile 0.16%
Colombia 0.12%
Mexico 0.28%
Peru 0.03%
Venezuela 0.00%
As of November 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.83%
United Kingdom 1.99%
6.01%
Austria 0.07%
Belgium 0.15%
Denmark 0.17%
Finland 0.10%
France 0.98%
Germany 0.69%
Greece 0.02%
Ireland 0.92%
Italy 0.36%
Netherlands 0.77%
Norway 0.06%
Portugal 0.01%
Spain 0.42%
Sweden 0.27%
Switzerland 0.75%
0.15%
Czech Republic 0.05%
Poland 0.04%
Turkey 0.04%
0.69%
Egypt 0.01%
Israel 0.14%
Qatar 0.03%
Saudi Arabia 0.14%
South Africa 0.25%
United Arab Emirates 0.07%
Greater Asia 7.96%
Japan 1.78%
0.64%
Australia 0.62%
2.87%
Hong Kong 0.43%
Singapore 0.32%
South Korea 0.85%
Taiwan 1.26%
2.67%
China 1.26%
India 1.07%
Indonesia 0.14%
Malaysia 0.06%
Philippines 0.03%
Thailand 0.10%
Unidentified Region 30.90%

Bond Credit Quality Exposure

AAA 2.44%
AA 30.30%
A 6.01%
BBB 9.45%
BB 17.80%
B 8.22%
Below B 1.55%
    CCC 1.54%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.03%
Not Available 24.20%
Short Term 0.00%
As of November 30, 2025
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Stock Sector Exposure

Cyclical
15.66%
Materials
2.01%
Consumer Discretionary
4.98%
Financials
7.18%
Real Estate
1.49%
Sensitive
21.90%
Communication Services
3.79%
Energy
1.47%
Industrials
5.44%
Information Technology
11.20%
Defensive
7.91%
Consumer Staples
2.18%
Health Care
4.58%
Utilities
1.16%
Not Classified
54.53%
Non Classified Equity
0.43%
Not Classified - Non Equity
54.10%
As of November 30, 2025
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 40.12%
Corporate 41.66%
Securitized 15.43%
Municipal 1.61%
Other 1.19%
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Bond Maturity Exposure

Short Term
17.84%
Less than 1 Year
17.84%
Intermediate
51.34%
1 to 3 Years
13.94%
3 to 5 Years
15.77%
5 to 10 Years
21.63%
Long Term
28.26%
10 to 20 Years
6.46%
20 to 30 Years
19.95%
Over 30 Years
1.84%
Other
2.56%
As of November 30, 2025
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