Asset Allocation

As of June 30, 2025.
Type % Net
Cash 1.25%
Stock 0.00%
Bond 97.40%
Convertible 0.00%
Preferred 0.00%
Other 1.34%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 1.99%
Corporate 84.22%
Securitized 5.84%
Municipal 0.00%
Other 7.95%
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Region Exposure

% Developed Markets: 83.13%    % Emerging Markets: 7.51%    % Unidentified Markets: 9.36%

Americas 27.35%
23.03%
Canada 1.25%
United States 21.78%
4.31%
Argentina 0.40%
Chile 0.59%
Colombia 0.74%
Mexico 1.16%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 62.09%
United Kingdom 24.12%
33.33%
Austria 0.86%
Denmark 1.30%
Finland 0.88%
France 4.63%
Germany 1.34%
Greece 1.00%
Ireland 1.89%
Italy 3.54%
Netherlands 9.16%
Portugal 1.24%
Spain 3.87%
Sweden 0.81%
2.51%
Poland 0.82%
2.12%
Greater Asia 1.21%
Japan 0.00%
0.00%
1.21%
Singapore 1.21%
0.00%
Unidentified Region 9.36%

Bond Credit Quality Exposure

AAA 7.35%
AA 0.00%
A 8.12%
BBB 32.87%
BB 32.91%
B 8.90%
Below B 0.41%
    CCC 0.41%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.37%
Not Available 9.06%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
8.22%
Less than 1 Year
8.22%
Intermediate
67.34%
1 to 3 Years
23.48%
3 to 5 Years
27.77%
5 to 10 Years
16.09%
Long Term
17.16%
10 to 20 Years
3.33%
20 to 30 Years
7.67%
Over 30 Years
6.15%
Other
7.27%
As of June 30, 2025
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