Asset Allocation

As of September 30, 2025.
Type % Net
Cash 83.27%
Stock 0.00%
Bond 12.99%
Convertible 0.00%
Preferred 3.74%
Other 0.00%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 65.86%
Securitized 3.28%
Municipal 30.86%
Other 0.00%
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Region Exposure

% Developed Markets: 55.48%    % Emerging Markets: 0.00%    % Unidentified Markets: 44.52%

Americas 48.94%
48.94%
Canada 7.41%
United States 41.53%
0.00%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.31%
United Kingdom 4.41%
0.90%
France 0.90%
0.00%
0.00%
Greater Asia 1.23%
Japan 0.00%
1.23%
Australia 1.23%
0.00%
0.00%
Unidentified Region 44.52%

Bond Credit Quality Exposure

AAA 3.99%
AA 3.65%
A 6.40%
BBB 0.00%
BB 0.00%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 85.96%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
30.84%
Less than 1 Year
30.84%
Intermediate
24.01%
1 to 3 Years
9.85%
3 to 5 Years
6.69%
5 to 10 Years
7.47%
Long Term
45.15%
10 to 20 Years
30.36%
20 to 30 Years
5.69%
Over 30 Years
9.10%
Other
0.00%
As of September 30, 2025
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