Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.54%
Stock 1.05%
Bond 91.66%
Convertible 0.00%
Preferred 4.61%
Other 2.14%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.78%
Corporate 70.51%
Securitized 0.00%
Municipal 0.00%
Other 28.71%
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Region Exposure

% Developed Markets: 99.48%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.52%

Americas 61.40%
60.43%
Canada 13.31%
United States 47.11%
0.97%
Brazil 0.00%
Mexico 0.00%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 35.27%
United Kingdom 9.68%
25.59%
Austria 0.50%
Finland 0.05%
France 8.63%
Germany 1.89%
Greece 0.74%
Ireland 1.10%
Italy 0.81%
Netherlands 3.40%
Spain 3.48%
Sweden 0.90%
Switzerland 4.10%
0.00%
0.00%
South Africa 0.00%
Greater Asia 2.81%
Japan 2.81%
0.00%
Australia 0.00%
0.00%
Hong Kong 0.00%
Singapore 0.00%
0.00%
China 0.00%
Unidentified Region 0.52%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.18%
A 3.65%
BBB 53.06%
BB 39.83%
B 2.09%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.10%
Not Available 1.10%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.52%
Less than 1 Year
0.52%
Intermediate
1.62%
1 to 3 Years
0.28%
3 to 5 Years
0.05%
5 to 10 Years
1.29%
Long Term
46.93%
10 to 20 Years
0.89%
20 to 30 Years
24.26%
Over 30 Years
21.78%
Other
50.93%
As of September 30, 2025
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