Asset Allocation

As of July 31, 2025.
Type % Net
Cash 13.12%
Stock 3.97%
Bond 83.21%
Convertible 0.00%
Preferred 0.06%
Other -0.37%
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Bond Sector Exposure

As of July 31, 2025
Type % Net
Government 23.89%
Corporate 53.93%
Securitized 0.05%
Municipal 14.60%
Other 7.52%
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Region Exposure

% Developed Markets: 86.08%    % Emerging Markets: 1.76%    % Unidentified Markets: 12.15%

Americas 82.46%
81.53%
Canada 66.96%
United States 14.57%
0.93%
Argentina 0.05%
Brazil 0.05%
Chile 0.08%
Colombia 0.05%
Mexico 0.51%
Peru 0.02%
Venezuela 0.00%
As of July 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.82%
United Kingdom 1.08%
1.36%
Austria 0.03%
Belgium 0.03%
Denmark 0.02%
Finland 0.01%
France 0.30%
Germany 0.22%
Greece 0.00%
Ireland 0.09%
Italy 0.05%
Netherlands 0.20%
Norway 0.01%
Portugal 0.00%
Spain 0.08%
Sweden 0.05%
Switzerland 0.13%
0.12%
Poland 0.01%
Turkey 0.06%
0.26%
Egypt 0.01%
Israel 0.01%
Qatar 0.03%
Saudi Arabia 0.06%
South Africa 0.02%
United Arab Emirates 0.06%
Greater Asia 2.56%
Japan 0.17%
1.91%
Australia 0.24%
0.28%
Hong Kong 0.07%
Singapore 0.16%
South Korea 0.04%
Taiwan 0.01%
0.20%
China 0.05%
India 0.02%
Indonesia 0.08%
Kazakhstan 0.01%
Malaysia 0.01%
Philippines 0.03%
Thailand 0.00%
Unidentified Region 12.15%

Bond Credit Quality Exposure

AAA 20.16%
AA 14.76%
A 26.47%
BBB 27.26%
BB 2.50%
B 0.70%
Below B 0.35%
    CCC 0.31%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.03%
Not Rated 0.32%
Not Available 7.50%
Short Term 0.00%
As of July 31, 2025
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Bond Maturity Exposure

Short Term
5.68%
Less than 1 Year
5.68%
Intermediate
68.71%
1 to 3 Years
11.67%
3 to 5 Years
11.03%
5 to 10 Years
46.02%
Long Term
25.37%
10 to 20 Years
5.91%
20 to 30 Years
9.73%
Over 30 Years
9.73%
Other
0.24%
As of July 31, 2025
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