Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.87%
Stock 0.00%
Bond 104.0%
Convertible 0.00%
Preferred 0.00%
Other -4.92%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 13.80%
Corporate 35.65%
Securitized 43.91%
Municipal 0.90%
Other 5.74%
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Region Exposure

% Developed Markets: 134.6%    % Emerging Markets: 3.27%    % Unidentified Markets: -37.91%

Americas 122.7%
115.0%
Canada 2.02%
United States 113.0%
7.71%
Brazil 0.92%
Mexico 0.09%
Peru 0.01%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 14.37%
United Kingdom 1.54%
10.58%
Belgium 5.32%
France 1.69%
Germany 0.06%
Ireland 1.28%
Italy 0.18%
Netherlands 0.67%
Norway 0.01%
Spain 0.73%
Sweden 0.03%
Switzerland 0.57%
0.49%
Czech Republic 0.43%
Turkey 0.07%
1.76%
Israel 0.01%
South Africa 1.75%
Greater Asia 0.79%
Japan 0.43%
0.34%
Australia 0.34%
0.02%
South Korea 0.02%
0.00%
Unidentified Region -37.91%

Bond Credit Quality Exposure

AAA 15.13%
AA 42.31%
A 6.46%
BBB 16.08%
BB 2.87%
B 0.60%
Below B 8.60%
    CCC 6.42%
    CC 1.14%
    C 0.15%
    DDD 0.00%
    DD 0.00%
    D 0.90%
Not Rated 1.30%
Not Available 6.65%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.96%
Less than 1 Year
1.96%
Intermediate
37.44%
1 to 3 Years
6.07%
3 to 5 Years
7.72%
5 to 10 Years
23.65%
Long Term
57.88%
10 to 20 Years
12.70%
20 to 30 Years
13.51%
Over 30 Years
31.66%
Other
2.72%
As of September 30, 2025
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