Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.17%
Stock 1.37%
Bond 97.35%
Convertible 0.13%
Preferred 0.00%
Other -1.02%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 2.28%
Corporate 90.30%
Securitized 2.42%
Municipal 0.00%
Other 5.00%
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Region Exposure

% Developed Markets: 92.50%    % Emerging Markets: 0.54%    % Unidentified Markets: 6.96%

Americas 83.74%
82.00%
Canada 4.04%
United States 77.96%
1.75%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.68%
United Kingdom 3.40%
4.76%
France 0.55%
Germany 0.80%
Ireland 1.47%
Netherlands 0.80%
0.22%
Poland 0.22%
0.30%
Israel 0.30%
Greater Asia 0.61%
Japan 0.00%
0.04%
Australia 0.04%
0.58%
Hong Kong 0.26%
Singapore 0.32%
0.00%
Unidentified Region 6.96%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.79%
A 0.00%
BBB 3.20%
BB 42.12%
B 38.26%
Below B 9.02%
    CCC 9.02%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 6.60%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.99%
Less than 1 Year
1.99%
Intermediate
92.62%
1 to 3 Years
12.00%
3 to 5 Years
39.96%
5 to 10 Years
40.65%
Long Term
3.75%
10 to 20 Years
2.65%
20 to 30 Years
1.10%
Over 30 Years
0.00%
Other
1.64%
As of September 30, 2025
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