Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.79%
Stock 0.00%
Bond 97.48%
Convertible 0.00%
Preferred 0.00%
Other -0.26%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 49.07%
Corporate 21.11%
Securitized 29.42%
Municipal 0.00%
Other 0.40%
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Region Exposure

% Developed Markets: 98.63%    % Emerging Markets: 1.33%    % Unidentified Markets: 0.04%

Americas 96.69%
93.42%
Canada 0.15%
United States 93.27%
3.27%
Mexico 0.94%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.08%
United Kingdom 1.03%
1.99%
France 0.37%
Ireland 0.79%
Italy 0.22%
Netherlands 0.12%
Switzerland 0.32%
0.00%
0.06%
Saudi Arabia 0.06%
Greater Asia 0.20%
Japan 0.06%
0.12%
Australia 0.12%
0.00%
0.01%
Unidentified Region 0.04%

Bond Credit Quality Exposure

AAA 10.76%
AA 52.94%
A 5.78%
BBB 16.85%
BB 0.90%
B 0.14%
Below B 0.07%
    CCC 0.07%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.09%
Not Available 12.47%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
2.94%
Less than 1 Year
2.94%
Intermediate
51.61%
1 to 3 Years
3.79%
3 to 5 Years
15.03%
5 to 10 Years
32.79%
Long Term
45.03%
10 to 20 Years
14.09%
20 to 30 Years
28.06%
Over 30 Years
2.88%
Other
0.42%
As of September 30, 2025
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