Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.61%
Stock 0.00%
Bond 96.70%
Convertible 0.00%
Preferred 0.08%
Other 1.61%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 39.70%
Corporate 38.97%
Securitized 18.06%
Municipal 0.00%
Other 3.27%
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Region Exposure

% Developed Markets: 88.00%    % Emerging Markets: 0.17%    % Unidentified Markets: 11.84%

Americas 86.16%
83.80%
Canada 0.33%
United States 83.46%
2.37%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.97%
United Kingdom 0.27%
0.53%
Ireland 0.34%
Netherlands 0.04%
Spain 0.15%
0.17%
Poland 0.17%
0.00%
Greater Asia 1.04%
Japan 0.33%
0.70%
0.00%
0.00%
Unidentified Region 11.84%

Bond Credit Quality Exposure

AAA 7.40%
AA 45.69%
A 10.33%
BBB 25.85%
BB 2.96%
B 0.21%
Below B 0.07%
    CCC 0.00%
    CC 0.07%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.27%
Not Available 5.23%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.98%
Less than 1 Year
1.98%
Intermediate
53.52%
1 to 3 Years
9.41%
3 to 5 Years
16.61%
5 to 10 Years
27.51%
Long Term
43.53%
10 to 20 Years
32.83%
20 to 30 Years
10.20%
Over 30 Years
0.51%
Other
0.96%
As of September 30, 2025
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