Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.43%
Stock 0.02%
Bond 98.85%
Convertible 0.00%
Preferred 0.01%
Other -1.32%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 53.08%
Corporate 34.84%
Securitized 11.82%
Municipal 0.18%
Other 0.07%
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Region Exposure

% Developed Markets: 93.38%    % Emerging Markets: 7.72%    % Unidentified Markets: -1.10%

Americas 51.22%
49.59%
Canada 2.58%
United States 47.01%
1.62%
Chile 0.05%
Mexico 0.69%
Peru 0.07%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 34.87%
United Kingdom 11.22%
23.07%
Austria 0.09%
Belgium 1.61%
Denmark 0.74%
Finland 0.50%
France 1.50%
Germany 5.73%
Ireland 0.31%
Italy 1.78%
Netherlands 2.77%
Norway 0.17%
Portugal 0.30%
Spain 0.90%
Sweden 1.02%
Switzerland 1.04%
0.41%
Czech Republic 0.13%
Poland 0.15%
0.16%
Israel 0.16%
Greater Asia 15.01%
Japan 4.65%
2.74%
Australia 2.63%
2.04%
Hong Kong 0.35%
Singapore 0.20%
South Korea 1.49%
5.59%
China 4.19%
Indonesia 0.56%
Malaysia 0.39%
Thailand 0.44%
Unidentified Region -1.10%

Bond Credit Quality Exposure

AAA 10.05%
AA 34.36%
A 9.90%
BBB 21.28%
BB 3.95%
B 1.68%
Below B 0.42%
    CCC 0.08%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.34%
Not Rated 0.27%
Not Available 18.08%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.83%
Less than 1 Year
0.83%
Intermediate
57.75%
1 to 3 Years
7.83%
3 to 5 Years
16.30%
5 to 10 Years
33.62%
Long Term
37.51%
10 to 20 Years
17.20%
20 to 30 Years
16.43%
Over 30 Years
3.88%
Other
3.91%
As of September 30, 2025
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