Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.04%
Stock 0.00%
Bond 96.83%
Convertible 0.00%
Preferred 0.08%
Other 1.05%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 45.48%
Corporate 33.30%
Securitized 19.55%
Municipal 0.00%
Other 1.67%
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Region Exposure

% Developed Markets: 85.99%    % Emerging Markets: 0.36%    % Unidentified Markets: 13.65%

Americas 84.09%
80.80%
Canada 0.50%
United States 80.30%
3.29%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.15%
United Kingdom 0.22%
1.79%
France 1.20%
Netherlands 0.59%
0.14%
Poland 0.14%
0.00%
Greater Asia 0.12%
Japan 0.03%
0.08%
0.00%
0.00%
Unidentified Region 13.65%

Bond Credit Quality Exposure

AAA 8.06%
AA 52.04%
A 12.98%
BBB 15.15%
BB 3.78%
B 0.35%
Below B 0.08%
    CCC 0.00%
    CC 0.08%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.14%
Not Available 5.42%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
25.29%
Less than 1 Year
25.29%
Intermediate
43.11%
1 to 3 Years
27.06%
3 to 5 Years
11.15%
5 to 10 Years
4.90%
Long Term
31.12%
10 to 20 Years
27.78%
20 to 30 Years
2.53%
Over 30 Years
0.81%
Other
0.48%
As of September 30, 2025
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