Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.23%
Stock 0.00%
Bond 97.90%
Convertible 0.00%
Preferred 0.00%
Other -1.13%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 8.20%
Corporate 64.09%
Securitized 22.96%
Municipal 3.25%
Other 1.50%
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Region Exposure

% Developed Markets: 87.42%    % Emerging Markets: 0.97%    % Unidentified Markets: 11.61%

Americas 79.02%
78.51%
Canada 3.79%
United States 74.73%
0.51%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.87%
United Kingdom 1.14%
5.48%
Austria 0.24%
Denmark 0.24%
Finland 0.36%
France 0.24%
Germany 0.44%
Ireland 1.61%
Netherlands 0.62%
Norway 0.17%
Sweden 0.56%
Switzerland 0.25%
0.00%
0.25%
Greater Asia 2.50%
Japan 1.28%
0.13%
Australia 0.13%
0.37%
South Korea 0.37%
0.73%
China 0.25%
Philippines 0.48%
Unidentified Region 11.61%

Bond Credit Quality Exposure

AAA 23.37%
AA 11.95%
A 18.26%
BBB 29.47%
BB 11.58%
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 0.77%
Not Available 4.60%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
10.83%
Less than 1 Year
10.83%
Intermediate
81.75%
1 to 3 Years
33.36%
3 to 5 Years
34.65%
5 to 10 Years
13.75%
Long Term
7.42%
10 to 20 Years
2.44%
20 to 30 Years
4.78%
Over 30 Years
0.20%
Other
0.00%
As of September 30, 2025
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