Asset Allocation

As of April 30, 2025.
Type % Net
Cash -16.15%
Stock 2.55%
Bond 92.95%
Convertible 0.00%
Preferred 1.28%
Other 19.37%
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Bond Sector Exposure

As of April 30, 2025
Type % Net
Government 23.20%
Corporate 35.46%
Securitized 31.76%
Municipal 1.46%
Other 8.11%
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Region Exposure

% Developed Markets: 72.75%    % Emerging Markets: 10.56%    % Unidentified Markets: 16.69%

Americas 44.20%
37.99%
Canada 1.02%
United States 36.98%
6.21%
Argentina 0.07%
Brazil 0.26%
Chile 0.25%
Colombia 0.59%
Mexico 1.15%
Peru 0.11%
Venezuela 0.01%
As of April 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 31.46%
United Kingdom 7.35%
20.41%
Austria 0.04%
Belgium 0.13%
Denmark 0.27%
Finland 0.04%
France 2.71%
Germany 2.35%
Greece 0.17%
Ireland 2.83%
Italy 2.69%
Netherlands 2.71%
Norway 0.04%
Portugal 0.35%
Spain 3.76%
Sweden 0.31%
Switzerland 0.55%
1.72%
Czech Republic 0.51%
Poland 0.69%
Turkey 0.10%
1.98%
Egypt 0.25%
Israel 0.01%
Nigeria 0.14%
Qatar 0.00%
Saudi Arabia 0.04%
South Africa 0.73%
United Arab Emirates 0.12%
Greater Asia 7.65%
Japan 1.47%
0.78%
Australia 0.76%
1.61%
Hong Kong 0.62%
Singapore 0.39%
South Korea 0.34%
Taiwan 0.02%
3.78%
China 0.21%
India 0.91%
Indonesia 0.73%
Kazakhstan 0.03%
Malaysia 0.67%
Pakistan 0.02%
Philippines 0.70%
Thailand 0.27%
Unidentified Region 16.69%

Bond Credit Quality Exposure

AAA 10.28%
AA 28.48%
A 5.54%
BBB 11.13%
BB 11.33%
B 6.78%
Below B 1.81%
    CCC 1.10%
    CC 0.45%
    C 0.18%
    DDD 0.00%
    DD 0.00%
    D 0.08%
Not Rated 1.96%
Not Available 22.69%
Short Term 0.00%
As of April 30, 2025
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Bond Maturity Exposure

Short Term
3.23%
Less than 1 Year
3.23%
Intermediate
42.83%
1 to 3 Years
11.20%
3 to 5 Years
14.96%
5 to 10 Years
16.68%
Long Term
44.70%
10 to 20 Years
14.50%
20 to 30 Years
26.92%
Over 30 Years
3.28%
Other
9.23%
As of April 30, 2025
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