Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.17%
Stock 0.57%
Bond 95.60%
Convertible 0.00%
Preferred 0.05%
Other 0.62%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 9.40%
Corporate 69.77%
Securitized 19.75%
Municipal 0.40%
Other 0.68%
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Region Exposure

% Developed Markets: 79.00%    % Emerging Markets: 8.48%    % Unidentified Markets: 12.51%

Americas 76.12%
70.62%
Canada 0.96%
United States 69.66%
5.50%
Argentina 0.49%
Brazil 0.20%
Chile 0.13%
Colombia 1.06%
Mexico 1.56%
Peru 0.31%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.90%
United Kingdom 1.02%
4.71%
Austria 0.12%
France 0.45%
Germany 0.04%
Greece 0.38%
Ireland 0.07%
Italy 0.15%
Netherlands 1.19%
Spain 0.39%
Switzerland 0.12%
0.98%
Poland 0.19%
Turkey 0.33%
2.18%
Egypt 0.35%
Israel 0.06%
Nigeria 0.13%
Qatar 0.16%
Saudi Arabia 0.29%
South Africa 0.17%
United Arab Emirates 0.29%
Greater Asia 2.47%
Japan 0.47%
0.20%
Australia 0.20%
0.52%
Hong Kong 0.27%
Singapore 0.15%
South Korea 0.04%
1.28%
China 0.07%
India 0.33%
Indonesia 0.36%
Kazakhstan 0.03%
Malaysia 0.18%
Philippines 0.24%
Thailand 0.01%
Unidentified Region 12.51%

Bond Credit Quality Exposure

AAA 2.70%
AA 6.04%
A 15.06%
BBB 22.61%
BB 22.58%
B 15.69%
Below B 4.06%
    CCC 4.03%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 2.91%
Not Available 8.33%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.56%
Less than 1 Year
0.56%
Intermediate
68.44%
1 to 3 Years
7.26%
3 to 5 Years
21.60%
5 to 10 Years
39.57%
Long Term
30.30%
10 to 20 Years
12.44%
20 to 30 Years
13.95%
Over 30 Years
3.91%
Other
0.70%
As of September 30, 2025
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