Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.28%
Stock 0.00%
Bond 98.86%
Convertible 0.00%
Preferred 0.00%
Other -0.15%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 12.22%
Corporate 48.49%
Securitized 37.94%
Municipal 0.00%
Other 1.35%
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Region Exposure

% Developed Markets: 91.23%    % Emerging Markets: 5.60%    % Unidentified Markets: 3.17%

Americas 58.73%
53.84%
Canada 1.46%
United States 52.38%
4.89%
Brazil 0.85%
Colombia 0.31%
Mexico 0.80%
Peru 0.06%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 36.09%
United Kingdom 7.89%
26.76%
Denmark 0.29%
Finland 0.16%
France 6.85%
Germany 1.82%
Greece 0.17%
Ireland 2.34%
Italy 3.94%
Netherlands 4.17%
Norway 0.17%
Spain 2.51%
Sweden 0.13%
Switzerland 0.28%
0.83%
Czech Republic 0.23%
Poland 0.54%
Turkey 0.01%
0.62%
South Africa 0.62%
Greater Asia 2.01%
Japan 0.79%
0.29%
Australia 0.29%
0.15%
Singapore 0.15%
0.78%
Indonesia 0.31%
Malaysia 0.05%
Philippines 0.09%
Thailand 0.33%
Unidentified Region 3.17%

Bond Credit Quality Exposure

AAA 21.39%
AA 15.11%
A 4.81%
BBB 9.04%
BB 23.69%
B 15.03%
Below B 1.33%
    CCC 1.19%
    CC 0.14%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.72%
Not Available 8.87%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
2.24%
Less than 1 Year
2.24%
Intermediate
49.00%
1 to 3 Years
7.63%
3 to 5 Years
19.40%
5 to 10 Years
21.97%
Long Term
45.31%
10 to 20 Years
16.26%
20 to 30 Years
18.86%
Over 30 Years
10.20%
Other
3.45%
As of September 30, 2025
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