Asset Allocation

As of August 31, 2025.
Type % Net
Cash 16.39%
Stock 0.00%
Bond 82.93%
Convertible 0.00%
Preferred 0.00%
Other 0.68%
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Bond Sector Exposure

As of August 31, 2025
Type % Net
Government 8.96%
Corporate 1.17%
Securitized 73.98%
Municipal 0.00%
Other 15.90%
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Region Exposure

% Developed Markets: 77.58%    % Emerging Markets: 0.30%    % Unidentified Markets: 22.13%

Americas 75.44%
73.22%
Canada 0.07%
United States 73.16%
2.21%
Argentina 0.02%
Mexico 0.23%
As of August 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.44%
United Kingdom 1.30%
1.14%
France 0.54%
Spain 0.01%
Switzerland 0.59%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 22.13%

Bond Credit Quality Exposure

AAA 5.54%
AA 4.10%
A 4.15%
BBB 7.74%
BB 5.34%
B 2.56%
Below B 7.44%
    CCC 5.09%
    CC 1.49%
    C 0.08%
    DDD 0.00%
    DD 0.00%
    D 0.78%
Not Rated 30.83%
Not Available 32.31%
Short Term 0.00%
As of August 31, 2025
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Bond Maturity Exposure

Short Term
9.21%
Less than 1 Year
9.21%
Intermediate
31.14%
1 to 3 Years
1.34%
3 to 5 Years
5.09%
5 to 10 Years
24.70%
Long Term
59.64%
10 to 20 Years
25.31%
20 to 30 Years
26.72%
Over 30 Years
7.61%
Other
0.02%
As of August 31, 2025
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