Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.96%
Stock 0.00%
Bond 99.86%
Convertible 0.00%
Preferred 0.00%
Other -0.82%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 16.99%
Corporate 36.97%
Securitized 43.28%
Municipal 0.00%
Other 2.76%
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Region Exposure

% Developed Markets: 94.94%    % Emerging Markets: 7.40%    % Unidentified Markets: -2.34%

Americas 84.46%
79.75%
Canada 0.78%
United States 78.97%
4.71%
Argentina 0.13%
Brazil 0.49%
Chile 0.18%
Colombia 0.49%
Mexico 1.40%
Peru 0.43%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 16.43%
United Kingdom 3.38%
10.65%
Austria 0.12%
Belgium 0.17%
Denmark 0.12%
Finland 0.19%
France 2.04%
Germany 1.41%
Ireland 0.59%
Italy 0.83%
Netherlands 1.86%
Portugal 0.22%
Spain 0.55%
Sweden 0.48%
Switzerland 0.22%
1.29%
Czech Republic 0.05%
Poland 0.35%
Russia -0.00%
Turkey 0.11%
1.11%
Egypt 0.22%
Nigeria 0.02%
Saudi Arabia 0.10%
South Africa 0.58%
Greater Asia 1.44%
Japan 0.23%
0.18%
Australia 0.18%
0.02%
Hong Kong 0.02%
1.01%
China 0.09%
India 0.08%
Indonesia 0.55%
Kazakhstan 0.13%
Malaysia 0.08%
Philippines 0.00%
Thailand 0.07%
Unidentified Region -2.34%

Bond Credit Quality Exposure

AAA 3.49%
AA 21.62%
A 7.87%
BBB 19.22%
BB 14.61%
B 8.39%
Below B 1.46%
    CCC 1.36%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.10%
Not Rated 1.36%
Not Available 21.99%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.11%
Less than 1 Year
1.11%
Intermediate
36.11%
1 to 3 Years
4.16%
3 to 5 Years
12.45%
5 to 10 Years
19.50%
Long Term
59.13%
10 to 20 Years
12.39%
20 to 30 Years
40.81%
Over 30 Years
5.93%
Other
3.65%
As of September 30, 2025
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