Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.00%
Stock 0.09%
Bond 98.68%
Convertible 0.00%
Preferred 0.00%
Other -1.77%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 2.51%
Corporate 65.30%
Securitized 0.08%
Municipal 0.00%
Other 32.11%
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Region Exposure

% Developed Markets: 68.74%    % Emerging Markets: 0.00%    % Unidentified Markets: 31.26%

Americas 68.02%
67.98%
Canada 0.18%
United States 67.80%
0.05%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.64%
United Kingdom 0.49%
0.15%
France 0.02%
Netherlands 0.02%
0.00%
0.00%
Greater Asia 0.08%
Japan 0.00%
0.08%
Australia 0.08%
0.00%
0.00%
Unidentified Region 31.26%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.83%
A 0.01%
BBB 1.75%
BB 13.65%
B 26.60%
Below B 2.87%
    CCC 2.39%
    CC 0.02%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.46%
Not Rated 0.15%
Not Available 54.13%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
2.93%
Less than 1 Year
2.93%
Intermediate
92.33%
1 to 3 Years
16.78%
3 to 5 Years
29.84%
5 to 10 Years
45.71%
Long Term
4.09%
10 to 20 Years
0.08%
20 to 30 Years
3.82%
Over 30 Years
0.19%
Other
0.65%
As of September 30, 2025
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