Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.18%
Stock 2.06%
Bond 95.57%
Convertible 0.10%
Preferred 0.46%
Other -0.37%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 3.88%
Corporate 90.07%
Securitized 0.18%
Municipal 0.00%
Other 5.87%
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Region Exposure

% Developed Markets: 92.69%    % Emerging Markets: 0.50%    % Unidentified Markets: 6.81%

Americas 83.46%
80.58%
Canada 3.20%
United States 77.37%
2.88%
Brazil 0.19%
Peru 0.14%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.65%
United Kingdom 2.70%
5.75%
Finland 0.12%
France 1.55%
Germany 0.29%
Ireland 0.76%
Netherlands 0.97%
Norway 0.08%
Spain 0.27%
0.00%
0.20%
United Arab Emirates 0.10%
Greater Asia 1.08%
Japan 0.00%
0.88%
Australia 0.88%
0.20%
Singapore 0.20%
0.00%
Unidentified Region 6.81%

Bond Credit Quality Exposure

AAA 0.00%
AA 2.56%
A 0.00%
BBB 3.22%
BB 44.82%
B 31.15%
Below B 11.07%
    CCC 10.00%
    CC 0.10%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.97%
Not Rated 0.05%
Not Available 7.14%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.00%
Less than 1 Year
3.00%
Intermediate
91.87%
1 to 3 Years
12.50%
3 to 5 Years
33.54%
5 to 10 Years
45.83%
Long Term
3.76%
10 to 20 Years
1.10%
20 to 30 Years
2.20%
Over 30 Years
0.46%
Other
1.36%
As of September 30, 2025
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