Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.37%
Stock 0.12%
Bond 98.47%
Convertible 0.00%
Preferred 0.06%
Other -0.02%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 27.69%
Corporate 41.64%
Securitized 4.78%
Municipal 9.98%
Other 15.91%
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Region Exposure

% Developed Markets: 83.79%    % Emerging Markets: 0.69%    % Unidentified Markets: 15.51%

Americas 75.28%
74.67%
Canada 47.91%
United States 26.76%
0.60%
Brazil 0.14%
Mexico 0.43%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.18%
United Kingdom 1.85%
5.29%
Belgium 0.16%
Denmark 0.03%
Finland 0.07%
France 0.66%
Germany 0.77%
Ireland 0.88%
Italy 0.77%
Netherlands 0.55%
Norway 0.03%
Portugal 0.06%
Spain 0.97%
Sweden 0.05%
Switzerland 0.04%
0.04%
0.00%
Greater Asia 2.03%
Japan 1.23%
0.55%
Australia 0.48%
0.26%
Singapore 0.26%
0.00%
Unidentified Region 15.51%

Bond Credit Quality Exposure

AAA 17.20%
AA 15.60%
A 18.34%
BBB 21.98%
BB 1.06%
B 0.50%
Below B 0.49%
    CCC 0.37%
    CC 0.12%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 12.03%
Not Available 12.80%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
6.28%
Less than 1 Year
6.28%
Intermediate
54.04%
1 to 3 Years
14.77%
3 to 5 Years
14.79%
5 to 10 Years
24.48%
Long Term
27.62%
10 to 20 Years
11.43%
20 to 30 Years
11.10%
Over 30 Years
5.09%
Other
12.06%
As of September 30, 2025
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