Asset Allocation

As of September 30, 2025.
Type % Net
Cash 10.06%
Stock 0.00%
Bond 90.80%
Convertible 0.00%
Preferred 0.00%
Other -0.86%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 22.92%
Corporate 48.52%
Securitized 27.89%
Municipal 0.09%
Other 0.58%
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Region Exposure

% Developed Markets: 92.77%    % Emerging Markets: 0.80%    % Unidentified Markets: 6.43%

Americas 79.73%
77.28%
Canada 4.27%
United States 73.01%
2.46%
Brazil 0.15%
Chile 0.09%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.76%
United Kingdom 3.99%
6.48%
Belgium 0.01%
Denmark 0.11%
Finland 0.09%
France 1.72%
Germany 0.00%
Ireland 1.11%
Italy 0.24%
Netherlands 1.75%
Norway 0.24%
Spain 0.26%
Sweden 0.36%
Switzerland 0.49%
0.00%
0.29%
Israel 0.02%
Saudi Arabia 0.03%
United Arab Emirates 0.24%
Greater Asia 3.07%
Japan 0.92%
1.49%
Australia 1.35%
0.49%
Hong Kong 0.04%
Singapore 0.07%
South Korea 0.33%
0.17%
India 0.04%
Indonesia 0.11%
Thailand 0.02%
Unidentified Region 6.43%

Bond Credit Quality Exposure

AAA 19.07%
AA 24.79%
A 22.01%
BBB 25.59%
BB 1.06%
B 0.03%
Below B 0.06%
    CCC 0.06%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 7.33%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
26.80%
Less than 1 Year
26.80%
Intermediate
59.76%
1 to 3 Years
46.36%
3 to 5 Years
6.56%
5 to 10 Years
6.84%
Long Term
12.90%
10 to 20 Years
3.99%
20 to 30 Years
5.87%
Over 30 Years
3.04%
Other
0.54%
As of September 30, 2025
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