Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.25%
Stock 0.00%
Bond 98.22%
Convertible 0.00%
Preferred 0.00%
Other 0.53%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 6.79%
Corporate 74.01%
Securitized 13.61%
Municipal 0.25%
Other 5.35%
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Region Exposure

% Developed Markets: 89.18%    % Emerging Markets: 4.42%    % Unidentified Markets: 6.40%

Americas 81.23%
76.20%
Canada 2.69%
United States 73.51%
5.03%
Argentina 0.08%
Brazil 0.55%
Chile 0.25%
Colombia 0.47%
Mexico 1.28%
Peru 0.51%
Venezuela 0.14%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.47%
United Kingdom 4.42%
4.94%
Austria 0.26%
France 0.63%
Germany 0.37%
Ireland 0.69%
Italy 0.11%
Netherlands 1.15%
Spain 0.20%
Switzerland 0.37%
0.33%
0.78%
Israel 0.43%
Saudi Arabia 0.12%
South Africa 0.23%
Greater Asia 1.91%
Japan 0.49%
0.87%
Australia 0.87%
0.54%
Singapore 0.35%
0.00%
Unidentified Region 6.40%

Bond Credit Quality Exposure

AAA 6.21%
AA 5.01%
A 23.94%
BBB 49.60%
BB 8.79%
B 3.33%
Below B 0.22%
    CCC 0.22%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.77%
Not Available 2.13%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.19%
Less than 1 Year
1.19%
Intermediate
49.18%
1 to 3 Years
4.34%
3 to 5 Years
12.56%
5 to 10 Years
32.28%
Long Term
47.56%
10 to 20 Years
17.30%
20 to 30 Years
22.68%
Over 30 Years
7.57%
Other
2.07%
As of September 30, 2025
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