Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.01%
Stock 2.71%
Bond 94.21%
Convertible 0.16%
Preferred 0.13%
Other 1.78%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 3.09%
Corporate 89.20%
Securitized 1.30%
Municipal 0.00%
Other 6.41%
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Region Exposure

% Developed Markets: 91.55%    % Emerging Markets: 0.16%    % Unidentified Markets: 8.29%

Americas 82.13%
80.78%
Canada 4.12%
United States 76.66%
1.35%
Mexico 0.05%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.25%
United Kingdom 2.22%
4.77%
Germany 0.86%
Ireland 0.39%
Italy 0.40%
Netherlands 2.72%
Spain 0.20%
Switzerland 0.03%
0.00%
0.25%
Israel 0.25%
Greater Asia 2.34%
Japan 0.38%
0.94%
Australia 0.94%
0.89%
Hong Kong 0.02%
Singapore 0.84%
Taiwan 0.04%
0.11%
China 0.10%
India 0.02%
Unidentified Region 8.29%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 0.30%
BB 55.51%
B 27.04%
Below B 8.87%
    CCC 8.61%
    CC 0.09%
    C 0.04%
    DDD 0.00%
    DD 0.00%
    D 0.13%
Not Rated 0.09%
Not Available 8.18%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.69%
Less than 1 Year
4.69%
Intermediate
89.21%
1 to 3 Years
10.16%
3 to 5 Years
29.79%
5 to 10 Years
49.26%
Long Term
5.05%
10 to 20 Years
1.55%
20 to 30 Years
2.11%
Over 30 Years
1.39%
Other
1.05%
As of September 30, 2025
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