Asset Allocation

As of June 30, 2025.
Type % Net
Cash 3.44%
Stock 2.89%
Bond 91.51%
Convertible 0.51%
Preferred 0.38%
Other 1.27%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 1.37%
Corporate 87.34%
Securitized 1.29%
Municipal 0.00%
Other 10.00%
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Region Exposure

% Developed Markets: 90.02%    % Emerging Markets: 0.95%    % Unidentified Markets: 9.03%

Americas 79.97%
77.06%
Canada 4.12%
United States 72.94%
2.91%
Colombia 0.27%
Mexico 0.57%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.82%
United Kingdom 2.33%
5.20%
Germany 0.68%
Ireland 0.53%
Italy 0.94%
Netherlands 2.70%
Spain 0.19%
0.00%
0.29%
Israel 0.29%
Greater Asia 3.18%
Japan 0.73%
1.42%
Australia 1.42%
0.92%
Hong Kong 0.01%
Singapore 0.42%
0.11%
China 0.11%
Unidentified Region 9.03%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 4.15%
BB 56.08%
B 23.73%
Below B 6.21%
    CCC 6.08%
    CC 0.09%
    C 0.05%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.30%
Not Available 9.53%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
2.11%
Less than 1 Year
2.11%
Intermediate
88.73%
1 to 3 Years
11.34%
3 to 5 Years
32.52%
5 to 10 Years
44.87%
Long Term
7.42%
10 to 20 Years
3.23%
20 to 30 Years
2.06%
Over 30 Years
2.13%
Other
1.74%
As of June 30, 2025
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