Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.84%
Stock 0.26%
Bond 98.06%
Convertible 0.00%
Preferred 0.17%
Other -1.34%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 1.69%
Corporate 89.44%
Securitized 0.52%
Municipal 0.00%
Other 8.34%
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Region Exposure

% Developed Markets: 92.79%    % Emerging Markets: 0.47%    % Unidentified Markets: 6.74%

Americas 85.75%
82.45%
Canada 4.08%
United States 78.36%
3.31%
Brazil 0.16%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.47%
United Kingdom 2.83%
3.25%
France 0.34%
Germany 0.19%
Ireland 0.95%
Netherlands 0.65%
Norway 0.24%
Spain 0.22%
Switzerland 0.10%
0.00%
0.39%
Israel 0.07%
United Arab Emirates 0.11%
Greater Asia 1.04%
Japan 0.00%
0.79%
Australia 0.79%
0.25%
Singapore 0.25%
0.00%
Unidentified Region 6.74%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.02%
A 0.04%
BBB 4.87%
BB 41.06%
B 35.81%
Below B 6.96%
    CCC 6.61%
    CC 0.10%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.25%
Not Rated 0.00%
Not Available 11.23%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.29%
Less than 1 Year
4.29%
Intermediate
89.38%
1 to 3 Years
25.99%
3 to 5 Years
36.72%
5 to 10 Years
26.67%
Long Term
3.14%
10 to 20 Years
0.38%
20 to 30 Years
1.65%
Over 30 Years
1.11%
Other
3.18%
As of September 30, 2025
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