Asset Allocation

As of September 30, 2025.
Type % Net
Cash -2.40%
Stock 0.02%
Bond 102.4%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 4.05%
Corporate 70.85%
Securitized 4.71%
Municipal 0.00%
Other 20.39%
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Region Exposure

% Developed Markets: 80.63%    % Emerging Markets: 0.57%    % Unidentified Markets: 18.80%

Americas 78.67%
76.86%
Canada 0.84%
United States 76.02%
1.81%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.53%
United Kingdom 0.92%
1.62%
France 0.17%
Germany 0.24%
Netherlands 0.76%
Spain 0.44%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 18.80%

Bond Credit Quality Exposure

AAA 0.00%
AA 1.58%
A 0.00%
BBB 3.51%
BB 15.34%
B 34.74%
Below B 0.62%
    CCC 0.62%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.14%
Not Available 44.08%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.33%
Less than 1 Year
3.33%
Intermediate
91.79%
1 to 3 Years
3.73%
3 to 5 Years
15.78%
5 to 10 Years
72.28%
Long Term
4.21%
10 to 20 Years
4.12%
20 to 30 Years
0.08%
Over 30 Years
0.00%
Other
0.68%
As of September 30, 2025
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