Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.24%
Stock 1.45%
Bond 96.55%
Convertible 0.00%
Preferred 0.06%
Other -1.30%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 1.96%
Corporate 85.90%
Securitized 0.22%
Municipal 0.00%
Other 11.92%
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Region Exposure

% Developed Markets: 86.00%    % Emerging Markets: 0.00%    % Unidentified Markets: 14.00%

Americas 84.45%
84.37%
Canada 0.13%
United States 84.24%
0.08%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.46%
United Kingdom 0.95%
0.51%
France 0.51%
0.00%
0.00%
Greater Asia 0.09%
Japan 0.00%
0.09%
Australia 0.09%
0.00%
0.00%
Unidentified Region 14.00%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.03%
A 0.05%
BBB 3.63%
BB 19.06%
B 33.01%
Below B 3.80%
    CCC 3.27%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.53%
Not Rated 0.37%
Not Available 40.06%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.23%
Less than 1 Year
3.23%
Intermediate
95.67%
1 to 3 Years
17.28%
3 to 5 Years
30.61%
5 to 10 Years
47.78%
Long Term
0.28%
10 to 20 Years
0.22%
20 to 30 Years
0.06%
Over 30 Years
0.00%
Other
0.83%
As of September 30, 2025
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