Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.57%
Stock 0.49%
Bond 98.89%
Convertible 0.00%
Preferred 0.00%
Other -1.96%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 36.76%
Corporate 11.54%
Securitized 46.08%
Municipal 0.00%
Other 5.62%
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Region Exposure

% Developed Markets: 132.9%    % Emerging Markets: 8.52%    % Unidentified Markets: -41.43%

Americas 130.6%
123.0%
Canada 0.03%
United States 123.0%
7.59%
Argentina 0.61%
Brazil 1.26%
Colombia 0.09%
Mexico 1.74%
Peru 1.29%
Venezuela 0.09%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.40%
United Kingdom 3.52%
3.34%
France 0.68%
Ireland 0.57%
Italy 0.01%
Netherlands 0.30%
Spain 0.18%
Switzerland 0.92%
2.02%
Russia 0.27%
Turkey 0.56%
1.51%
Egypt 0.27%
Israel 0.25%
South Africa 1.00%
Greater Asia 0.46%
Japan 0.39%
0.05%
Australia 0.03%
0.00%
0.01%
China 0.01%
Unidentified Region -41.43%

Bond Credit Quality Exposure

AAA 8.45%
AA 49.74%
A 2.00%
BBB 6.35%
BB 4.03%
B 1.08%
Below B 10.09%
    CCC 5.48%
    CC 0.83%
    C 2.12%
    DDD 0.00%
    DD 0.00%
    D 1.65%
Not Rated 2.04%
Not Available 16.22%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
9.26%
Less than 1 Year
9.26%
Intermediate
26.23%
1 to 3 Years
4.87%
3 to 5 Years
6.90%
5 to 10 Years
14.45%
Long Term
56.88%
10 to 20 Years
12.94%
20 to 30 Years
14.84%
Over 30 Years
29.10%
Other
7.64%
As of September 30, 2025
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