Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.81%
Stock 2.66%
Bond 95.89%
Convertible 0.00%
Preferred 1.07%
Other -0.43%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 16.93%
Corporate 42.47%
Securitized 35.80%
Municipal 0.10%
Other 4.69%
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Region Exposure

% Developed Markets: 81.53%    % Emerging Markets: 8.99%    % Unidentified Markets: 9.48%

Americas 79.36%
71.72%
Canada 1.63%
United States 70.09%
7.64%
Argentina 0.28%
Brazil 0.24%
Chile 0.31%
Colombia 0.24%
Mexico 0.58%
Peru 0.27%
Venezuela 0.07%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.63%
United Kingdom 2.15%
2.56%
Austria 0.00%
Belgium 0.00%
Denmark 0.00%
Finland 0.00%
France 0.69%
Germany 0.12%
Greece 0.00%
Ireland 0.48%
Italy 0.08%
Netherlands 0.39%
Norway 0.04%
Spain 0.09%
Sweden 0.00%
Switzerland 0.14%
1.10%
Czech Republic 0.00%
Poland 0.12%
Russia 0.00%
Turkey 0.31%
2.83%
Egypt 0.25%
Israel 0.00%
Nigeria 0.19%
Qatar 0.14%
Saudi Arabia 0.41%
South Africa 0.28%
United Arab Emirates 0.27%
Greater Asia 2.53%
Japan 0.89%
0.31%
Australia 0.31%
0.10%
Hong Kong 0.00%
Singapore 0.03%
South Korea 0.02%
Taiwan 0.01%
1.23%
China 0.00%
India 0.03%
Indonesia 0.41%
Kazakhstan 0.08%
Malaysia 0.15%
Pakistan 0.10%
Philippines 0.20%
Thailand 0.00%
Unidentified Region 9.48%

Bond Credit Quality Exposure

AAA 3.34%
AA 15.85%
A 13.50%
BBB 18.56%
BB 16.62%
B 8.77%
Below B 1.59%
    CCC 1.42%
    CC 0.01%
    C 0.07%
    DDD 0.00%
    DD 0.00%
    D 0.09%
Not Rated 0.74%
Not Available 21.03%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
6.93%
Less than 1 Year
6.93%
Intermediate
53.69%
1 to 3 Years
10.69%
3 to 5 Years
17.53%
5 to 10 Years
25.47%
Long Term
37.61%
10 to 20 Years
9.84%
20 to 30 Years
21.90%
Over 30 Years
5.87%
Other
1.77%
As of September 30, 2025
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