Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.51%
Stock 0.12%
Bond 97.43%
Convertible 0.00%
Preferred 0.00%
Other 0.94%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 52.82%
Corporate 34.74%
Securitized 11.32%
Municipal 0.45%
Other 0.67%
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Region Exposure

% Developed Markets: 93.50%    % Emerging Markets: 12.56%    % Unidentified Markets: -6.06%

Americas 54.23%
48.08%
Canada 4.43%
United States 43.65%
6.15%
Brazil 0.22%
Chile 0.19%
Colombia 0.15%
Mexico 3.45%
Peru 0.17%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 33.34%
United Kingdom 8.51%
21.55%
Austria 0.62%
Belgium 1.79%
Denmark 0.14%
Finland 0.18%
France 4.90%
Germany 4.48%
Ireland 0.94%
Italy 2.19%
Netherlands 1.13%
Norway 0.18%
Spain 3.59%
Sweden 0.19%
Switzerland 0.42%
2.83%
Poland 1.15%
0.46%
Israel 0.07%
Qatar 0.02%
Saudi Arabia 0.06%
South Africa 0.13%
United Arab Emirates 0.07%
Greater Asia 18.49%
Japan 9.67%
2.61%
Australia 2.60%
1.60%
Hong Kong 0.61%
Singapore 0.27%
South Korea 0.68%
Taiwan 0.02%
4.62%
China 2.72%
India 0.20%
Indonesia 0.83%
Kazakhstan 0.13%
Malaysia 0.70%
Philippines 0.03%
Thailand 0.00%
Unidentified Region -6.06%

Bond Credit Quality Exposure

AAA 16.76%
AA 28.78%
A 9.96%
BBB 19.44%
BB 3.67%
B 0.47%
Below B 0.15%
    CCC 0.10%
    CC 0.00%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.16%
Not Available 20.61%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.13%
Less than 1 Year
4.13%
Intermediate
51.99%
1 to 3 Years
12.58%
3 to 5 Years
16.26%
5 to 10 Years
23.15%
Long Term
43.12%
10 to 20 Years
21.47%
20 to 30 Years
19.19%
Over 30 Years
2.46%
Other
0.76%
As of September 30, 2025
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