Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.83%
Stock 2.54%
Bond 92.80%
Convertible 0.00%
Preferred 0.16%
Other 1.67%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 2.05%
Corporate 89.11%
Securitized 6.76%
Municipal 0.02%
Other 2.07%
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Region Exposure

% Developed Markets: 90.19%    % Emerging Markets: 1.01%    % Unidentified Markets: 8.80%

Americas 81.04%
78.78%
Canada 3.39%
United States 75.39%
2.26%
Argentina 0.02%
Brazil 0.09%
Chile 0.02%
Colombia 0.04%
Mexico 0.15%
Peru 0.04%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.59%
United Kingdom 2.73%
5.45%
Austria 0.04%
Belgium 0.01%
Denmark 0.00%
Finland 0.02%
France 0.76%
Germany 0.33%
Greece 0.01%
Ireland 0.69%
Italy 0.24%
Netherlands 0.98%
Norway 0.03%
Portugal 0.01%
Spain 0.15%
Sweden 0.00%
Switzerland 0.11%
0.11%
Czech Republic 0.01%
Poland 0.04%
Turkey 0.03%
0.31%
Egypt 0.03%
Israel 0.08%
Nigeria 0.01%
Saudi Arabia 0.01%
South Africa 0.05%
United Arab Emirates 0.06%
Greater Asia 1.57%
Japan 0.86%
0.45%
Australia 0.45%
0.12%
Hong Kong 0.05%
Singapore 0.01%
South Korea 0.01%
Taiwan 0.03%
0.14%
China 0.04%
Kazakhstan 0.00%
Unidentified Region 8.80%

Bond Credit Quality Exposure

AAA 2.18%
AA 3.86%
A 0.76%
BBB 5.72%
BB 43.97%
B 29.23%
Below B 7.87%
    CCC 7.42%
    CC 0.16%
    C 0.05%
    DDD 0.00%
    DD 0.00%
    D 0.24%
Not Rated 0.50%
Not Available 5.91%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.89%
Less than 1 Year
1.89%
Intermediate
86.02%
1 to 3 Years
16.48%
3 to 5 Years
36.22%
5 to 10 Years
33.33%
Long Term
9.92%
10 to 20 Years
4.02%
20 to 30 Years
3.58%
Over 30 Years
2.32%
Other
2.16%
As of September 30, 2025
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