Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.00%
Stock 0.04%
Bond 101.0%
Convertible 0.00%
Preferred 0.00%
Other -1.08%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 57.09%
Corporate 41.83%
Securitized 0.00%
Municipal 0.48%
Other 0.61%
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Region Exposure

% Developed Markets: 32.41%    % Emerging Markets: 68.67%    % Unidentified Markets: -1.08%

Americas 36.81%
6.98%
Canada 1.03%
United States 5.95%
29.83%
Argentina 0.51%
Brazil 4.83%
Chile 2.40%
Colombia 3.34%
Mexico 6.81%
Peru 0.45%
Venezuela 0.24%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 45.11%
United Kingdom 2.77%
5.89%
Netherlands 2.46%
Spain 0.54%
14.85%
Czech Republic 1.73%
Poland 3.57%
Turkey 4.45%
21.60%
Egypt 0.82%
Nigeria 1.18%
Qatar 2.65%
Saudi Arabia 2.59%
South Africa 3.18%
United Arab Emirates 4.87%
Greater Asia 19.15%
Japan 0.00%
0.00%
4.25%
Hong Kong 1.31%
South Korea 2.93%
14.90%
China 0.32%
India 1.86%
Indonesia 2.50%
Kazakhstan 1.00%
Malaysia 1.72%
Pakistan 0.35%
Philippines 1.56%
Thailand 3.38%
Unidentified Region -1.08%

Bond Credit Quality Exposure

AAA 0.00%
AA 8.55%
A 15.69%
BBB 28.33%
BB 25.57%
B 10.66%
Below B 1.35%
    CCC 1.35%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.36%
Not Available 9.50%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
8.78%
Less than 1 Year
8.78%
Intermediate
51.80%
1 to 3 Years
7.40%
3 to 5 Years
12.30%
5 to 10 Years
32.09%
Long Term
35.44%
10 to 20 Years
15.51%
20 to 30 Years
14.92%
Over 30 Years
5.01%
Other
3.98%
As of September 30, 2025
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