Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.93%
Stock 0.34%
Bond 94.66%
Convertible 0.00%
Preferred 0.16%
Other 0.91%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 4.93%
Corporate 92.17%
Securitized 0.00%
Municipal 0.00%
Other 2.90%
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Region Exposure

% Developed Markets: 85.42%    % Emerging Markets: 11.48%    % Unidentified Markets: 3.11%

Americas 75.02%
67.02%
Canada 2.90%
United States 64.11%
8.00%
Argentina 0.22%
Brazil 0.34%
Chile 0.98%
Colombia 1.16%
Mexico 1.68%
Peru 0.82%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 17.85%
United Kingdom 4.39%
9.35%
Austria 0.30%
France 2.10%
Germany 0.57%
Ireland 0.33%
Italy 0.94%
Netherlands 2.46%
Spain 0.70%
2.14%
Poland 0.08%
Turkey 2.06%
1.97%
Nigeria 0.04%
South Africa 0.08%
United Arab Emirates 1.46%
Greater Asia 4.03%
Japan 0.24%
0.16%
Australia 0.16%
1.99%
Hong Kong 0.92%
Singapore 0.17%
South Korea 0.42%
1.64%
China 0.36%
India 0.40%
Indonesia 0.08%
Kazakhstan 0.28%
Malaysia 0.15%
Philippines 0.08%
Thailand 0.06%
Unidentified Region 3.11%

Bond Credit Quality Exposure

AAA 0.00%
AA 2.50%
A 1.12%
BBB 10.44%
BB 42.14%
B 30.03%
Below B 9.08%
    CCC 8.62%
    CC 0.00%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.42%
Not Rated 0.01%
Not Available 4.69%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.61%
Less than 1 Year
0.61%
Intermediate
91.84%
1 to 3 Years
9.64%
3 to 5 Years
37.04%
5 to 10 Years
45.16%
Long Term
5.76%
10 to 20 Years
2.94%
20 to 30 Years
2.43%
Over 30 Years
0.39%
Other
1.79%
As of September 30, 2025
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