Asset Allocation

As of September 30, 2025.
Type % Net
Cash 10.55%
Stock 0.00%
Bond 87.21%
Convertible 0.00%
Preferred 0.01%
Other 2.23%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 50.39%
Corporate 33.67%
Securitized 15.05%
Municipal 0.73%
Other 0.16%
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Region Exposure

% Developed Markets: 71.61%    % Emerging Markets: 13.37%    % Unidentified Markets: 15.02%

Americas 39.58%
32.28%
Canada 2.18%
United States 30.11%
7.30%
Brazil 2.56%
Chile 0.25%
Colombia 0.76%
Mexico 3.15%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 28.56%
United Kingdom 6.59%
19.72%
Belgium 1.23%
Denmark 0.44%
Finland 0.19%
France 4.52%
Germany 3.62%
Greece 1.45%
Ireland 0.72%
Italy 1.73%
Netherlands 1.11%
Norway 0.27%
Portugal 0.76%
Spain 2.18%
1.52%
Czech Republic 0.06%
Poland 0.39%
Turkey 0.24%
0.74%
Egypt 0.16%
South Africa 0.26%
Greater Asia 16.83%
Japan 8.18%
1.85%
Australia 1.79%
2.75%
Hong Kong 0.33%
Singapore 0.18%
South Korea 2.00%
4.04%
China 1.47%
Indonesia 1.12%
Malaysia 1.18%
Philippines 0.14%
Thailand 0.10%
Unidentified Region 15.02%

Bond Credit Quality Exposure

AAA 12.76%
AA 15.41%
A 20.12%
BBB 20.61%
BB 7.67%
B 1.74%
Below B 0.42%
    CCC 0.42%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.12%
Not Available 21.15%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.64%
Less than 1 Year
4.64%
Intermediate
57.81%
1 to 3 Years
10.65%
3 to 5 Years
14.46%
5 to 10 Years
32.70%
Long Term
35.91%
10 to 20 Years
15.03%
20 to 30 Years
18.74%
Over 30 Years
2.14%
Other
1.64%
As of September 30, 2025
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