Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.96%
Stock 0.00%
Bond 97.79%
Convertible 0.00%
Preferred 0.12%
Other 1.13%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 39.15%
Corporate 28.88%
Securitized 30.05%
Municipal 1.14%
Other 0.78%
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Region Exposure

% Developed Markets: 79.02%    % Emerging Markets: 16.81%    % Unidentified Markets: 4.17%

Americas 67.77%
53.77%
Canada 1.92%
United States 51.85%
14.00%
Brazil 3.56%
Chile 1.39%
Colombia 2.31%
Mexico 5.05%
Peru 1.69%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 17.64%
United Kingdom 6.10%
9.70%
France 0.92%
Germany 1.39%
Italy 0.94%
Netherlands 0.87%
Norway 3.26%
Sweden 0.94%
Switzerland 0.29%
1.15%
0.70%
South Africa 0.70%
Greater Asia 10.42%
Japan 3.95%
4.34%
Australia 2.32%
1.16%
South Korea 1.16%
0.97%
Malaysia 0.97%
Unidentified Region 4.17%

Bond Credit Quality Exposure

AAA 7.77%
AA 17.42%
A 5.15%
BBB 25.16%
BB 12.63%
B 0.78%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.43%
Not Available 29.66%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.51%
Less than 1 Year
1.51%
Intermediate
52.88%
1 to 3 Years
11.43%
3 to 5 Years
7.98%
5 to 10 Years
33.47%
Long Term
43.84%
10 to 20 Years
6.33%
20 to 30 Years
30.92%
Over 30 Years
6.59%
Other
1.77%
As of September 30, 2025
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