Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.68%
Stock 0.00%
Bond 97.27%
Convertible 0.00%
Preferred 0.00%
Other 0.05%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 25.52%
Corporate 31.10%
Securitized 38.92%
Municipal 0.00%
Other 4.47%
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Region Exposure

% Developed Markets: 78.30%    % Emerging Markets: 3.59%    % Unidentified Markets: 18.11%

Americas 75.10%
73.53%
Canada 0.58%
United States 72.95%
1.57%
Brazil 0.19%
Chile 0.18%
Colombia 0.13%
Mexico 0.31%
Peru 0.12%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.24%
United Kingdom 1.34%
2.27%
France 0.67%
Germany 0.17%
Ireland 1.00%
Netherlands 0.16%
Switzerland 0.28%
0.71%
Poland 0.14%
Turkey 0.16%
0.92%
Nigeria 0.09%
Saudi Arabia 0.28%
South Africa 0.10%
United Arab Emirates 0.11%
Greater Asia 1.55%
Japan 0.41%
0.48%
Australia 0.48%
0.00%
0.66%
India 0.07%
Indonesia 0.31%
Kazakhstan 0.03%
Malaysia 0.08%
Philippines 0.12%
Unidentified Region 18.11%

Bond Credit Quality Exposure

AAA 14.85%
AA 23.22%
A 9.75%
BBB 23.89%
BB 4.53%
B 1.91%
Below B 0.08%
    CCC 0.08%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.11%
Not Available 21.66%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.19%
Less than 1 Year
3.19%
Intermediate
42.35%
1 to 3 Years
2.49%
3 to 5 Years
9.90%
5 to 10 Years
29.95%
Long Term
54.22%
10 to 20 Years
9.92%
20 to 30 Years
34.65%
Over 30 Years
9.65%
Other
0.25%
As of September 30, 2025
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