Asset Allocation

As of September 30, 2025.
Type % Net
Cash 6.51%
Stock 0.45%
Bond 91.11%
Convertible 0.00%
Preferred 0.00%
Other 1.92%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 8.15%
Corporate 51.30%
Securitized 34.07%
Municipal 0.00%
Other 6.47%
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Region Exposure

% Developed Markets: 84.92%    % Emerging Markets: 6.65%    % Unidentified Markets: 8.43%

Americas 82.88%
77.66%
Canada 1.20%
United States 76.46%
5.22%
Brazil 0.45%
Chile 0.21%
Colombia 0.79%
Mexico 1.12%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.61%
United Kingdom 1.79%
3.31%
France 1.75%
Germany 0.33%
Ireland 0.19%
Italy 0.06%
Netherlands 0.47%
Spain 0.11%
0.81%
Turkey 0.30%
1.70%
Egypt 0.39%
Nigeria 0.10%
Saudi Arabia 0.23%
United Arab Emirates 0.20%
Greater Asia 1.08%
Japan 0.09%
0.00%
0.00%
0.98%
India 0.59%
Indonesia 0.17%
Kazakhstan 0.12%
Malaysia 0.10%
Unidentified Region 8.43%

Bond Credit Quality Exposure

AAA 2.58%
AA 19.01%
A 6.59%
BBB 9.51%
BB 16.77%
B 11.20%
Below B 3.25%
    CCC 3.08%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.17%
Not Rated 0.11%
Not Available 30.98%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.92%
Less than 1 Year
1.92%
Intermediate
55.01%
1 to 3 Years
7.77%
3 to 5 Years
17.84%
5 to 10 Years
29.40%
Long Term
42.91%
10 to 20 Years
4.31%
20 to 30 Years
36.74%
Over 30 Years
1.86%
Other
0.16%
As of September 30, 2025
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