Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.13%
Stock 0.00%
Bond 99.07%
Convertible 0.00%
Preferred 0.00%
Other 0.80%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 12.06%
Corporate 66.46%
Securitized 21.23%
Municipal 0.20%
Other 0.06%
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Region Exposure

% Developed Markets: 82.85%    % Emerging Markets: 8.41%    % Unidentified Markets: 8.74%

Americas 80.36%
74.28%
Canada 0.59%
United States 73.70%
6.08%
Argentina 0.60%
Brazil 0.22%
Chile 0.11%
Colombia 1.24%
Mexico 1.71%
Peru 0.29%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.65%
United Kingdom 0.78%
4.71%
Austria 0.13%
France 0.43%
Germany 0.14%
Greece 0.31%
Ireland 0.08%
Italy 0.19%
Netherlands 1.17%
Spain 0.54%
Switzerland 0.07%
0.89%
Poland 0.17%
Turkey 0.32%
2.28%
Egypt 0.41%
Israel 0.09%
Nigeria 0.23%
Qatar 0.08%
Saudi Arabia 0.34%
South Africa 0.15%
United Arab Emirates 0.33%
Greater Asia 2.25%
Japan 0.61%
0.19%
Australia 0.19%
0.53%
Hong Kong 0.25%
Singapore 0.13%
0.92%
India 0.34%
Indonesia 0.15%
Kazakhstan 0.08%
Malaysia 0.21%
Philippines 0.14%
Unidentified Region 8.74%

Bond Credit Quality Exposure

AAA 2.67%
AA 5.65%
A 14.87%
BBB 23.07%
BB 21.76%
B 15.38%
Below B 3.25%
    CCC 3.21%
    CC 0.02%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 2.50%
Not Available 10.84%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.50%
Less than 1 Year
4.50%
Intermediate
62.55%
1 to 3 Years
5.38%
3 to 5 Years
18.09%
5 to 10 Years
39.08%
Long Term
32.25%
10 to 20 Years
13.77%
20 to 30 Years
14.75%
Over 30 Years
3.73%
Other
0.70%
As of September 30, 2025
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