Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.36%
Stock 0.09%
Bond 95.80%
Convertible 0.00%
Preferred 2.40%
Other 0.36%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 9.50%
Corporate 43.62%
Securitized 0.00%
Municipal 0.09%
Other 46.79%
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Region Exposure

% Developed Markets: 87.31%    % Emerging Markets: 10.05%    % Unidentified Markets: 2.64%

Americas 81.64%
76.06%
Canada 1.96%
United States 74.10%
5.59%
Argentina 0.24%
Brazil 0.37%
Chile 0.35%
Colombia 0.35%
Mexico 0.58%
Peru 0.31%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.18%
United Kingdom 1.30%
2.91%
Austria 0.01%
Denmark 0.12%
France 0.39%
Germany 0.22%
Ireland 0.39%
Italy 0.12%
Netherlands 0.98%
Norway 0.01%
Spain 0.02%
Switzerland 0.09%
1.65%
Poland 0.35%
Turkey 0.49%
3.32%
Egypt 0.28%
Israel 0.67%
Nigeria 0.20%
Saudi Arabia 0.36%
South Africa 0.28%
United Arab Emirates 0.42%
Greater Asia 6.53%
Japan 0.58%
0.78%
Australia 0.78%
2.53%
Hong Kong 1.44%
Singapore 0.95%
2.64%
China 1.10%
India 0.29%
Indonesia 0.45%
Kazakhstan 0.09%
Malaysia 0.20%
Pakistan 0.05%
Philippines 0.35%
Unidentified Region 2.64%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.54%
A 2.88%
BBB 9.91%
BB 26.32%
B 16.76%
Below B 4.36%
    CCC 4.12%
    CC 0.05%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.17%
Not Rated 1.41%
Not Available 37.81%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
6.52%
Less than 1 Year
6.52%
Intermediate
87.54%
1 to 3 Years
20.78%
3 to 5 Years
38.90%
5 to 10 Years
27.87%
Long Term
5.71%
10 to 20 Years
1.87%
20 to 30 Years
3.15%
Over 30 Years
0.70%
Other
0.22%
As of September 30, 2025
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