Asset Allocation

As of September 30, 2025.
Type % Net
Cash 4.12%
Stock 0.00%
Bond 95.51%
Convertible 0.00%
Preferred 0.00%
Other 0.36%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 34.62%
Corporate 26.22%
Securitized 32.19%
Municipal 5.26%
Other 1.71%
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Region Exposure

% Developed Markets: 106.7%    % Emerging Markets: 3.78%    % Unidentified Markets: -10.51%

Americas 94.53%
93.48%
Canada 0.66%
United States 92.82%
1.06%
Colombia 0.46%
Mexico 0.60%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 15.16%
United Kingdom 2.17%
10.25%
France 2.03%
Germany 4.73%
Ireland 0.51%
Netherlands 0.81%
Spain 0.08%
2.29%
Czech Republic 0.53%
Poland 0.27%
Turkey 0.61%
0.45%
United Arab Emirates 0.35%
Greater Asia 0.82%
Japan 0.58%
0.24%
Australia 0.24%
0.00%
0.00%
Unidentified Region -10.51%

Bond Credit Quality Exposure

AAA 13.21%
AA 37.15%
A 9.04%
BBB 8.08%
BB 3.99%
B 2.01%
Below B 0.14%
    CCC 0.14%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.17%
Not Available 25.22%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
14.47%
Less than 1 Year
14.47%
Intermediate
34.05%
1 to 3 Years
7.93%
3 to 5 Years
13.11%
5 to 10 Years
13.01%
Long Term
49.55%
10 to 20 Years
13.46%
20 to 30 Years
32.45%
Over 30 Years
3.64%
Other
1.93%
As of September 30, 2025
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