Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.43%
Stock 0.45%
Bond 94.13%
Convertible 0.00%
Preferred 2.03%
Other 0.96%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 2.95%
Corporate 83.66%
Securitized 0.00%
Municipal 0.00%
Other 13.39%
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Region Exposure

% Developed Markets: 88.44%    % Emerging Markets: 0.00%    % Unidentified Markets: 11.56%

Americas 58.01%
53.68%
United States 53.68%
4.33%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 30.43%
United Kingdom 0.06%
30.37%
Germany 8.63%
Netherlands 2.26%
Norway 2.47%
Sweden 14.73%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 11.56%

Bond Credit Quality Exposure

AAA 0.00%
AA 2.27%
A 0.00%
BBB 4.14%
BB 24.94%
B 11.31%
Below B 5.08%
    CCC 5.08%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 6.36%
Not Available 45.92%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
11.13%
Less than 1 Year
11.13%
Intermediate
88.87%
1 to 3 Years
18.71%
3 to 5 Years
50.62%
5 to 10 Years
19.54%
Long Term
0.00%
10 to 20 Years
0.00%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.00%
As of September 30, 2025
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