Asset Allocation

As of September 30, 2025.
Type % Net
Cash 6.86%
Stock 0.00%
Bond 92.41%
Convertible 0.00%
Preferred 0.00%
Other 0.73%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 8.19%
Corporate 72.14%
Securitized 4.95%
Municipal 14.49%
Other 0.23%
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Region Exposure

% Developed Markets: 89.08%    % Emerging Markets: 0.43%    % Unidentified Markets: 10.49%

Americas 82.25%
82.25%
Canada 0.64%
United States 81.60%
0.00%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.53%
United Kingdom 2.37%
2.74%
Ireland 0.46%
Netherlands 0.74%
Spain 1.10%
Switzerland 0.44%
0.00%
0.43%
South Africa 0.43%
Greater Asia 1.73%
Japan 1.32%
0.00%
0.41%
0.00%
Unidentified Region 10.49%

Bond Credit Quality Exposure

AAA 5.09%
AA 8.49%
A 32.66%
BBB 45.85%
BB 1.61%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.31%
Not Available 5.98%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
18.94%
Less than 1 Year
18.94%
Intermediate
72.62%
1 to 3 Years
35.71%
3 to 5 Years
34.05%
5 to 10 Years
2.86%
Long Term
8.44%
10 to 20 Years
4.48%
20 to 30 Years
3.95%
Over 30 Years
0.00%
Other
0.00%
As of September 30, 2025
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