Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.76%
Stock 0.00%
Bond 96.05%
Convertible 0.00%
Preferred 0.00%
Other 1.19%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 96.99%
Securitized 0.00%
Municipal 0.00%
Other 3.01%
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Region Exposure

% Developed Markets: 91.42%    % Emerging Markets: 0.00%    % Unidentified Markets: 8.58%

Americas 81.65%
80.89%
Canada 1.85%
United States 79.04%
0.76%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.39%
United Kingdom 3.80%
5.59%
France 1.82%
Germany 1.28%
Ireland 0.45%
Italy 0.17%
Netherlands 0.75%
Spain 0.40%
0.00%
0.00%
Greater Asia 0.39%
Japan 0.39%
0.00%
0.00%
0.00%
Unidentified Region 8.58%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 0.81%
BB 48.71%
B 35.85%
Below B 12.18%
    CCC 11.34%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.85%
Not Rated 0.00%
Not Available 2.43%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.00%
Less than 1 Year
1.00%
Intermediate
96.20%
1 to 3 Years
8.61%
3 to 5 Years
39.47%
5 to 10 Years
48.12%
Long Term
1.97%
10 to 20 Years
1.79%
20 to 30 Years
0.18%
Over 30 Years
0.00%
Other
0.83%
As of September 30, 2025
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