Asset Allocation

As of June 30, 2025.
Type % Net
Cash 9.76%
Stock 0.64%
Bond 99.11%
Convertible 0.00%
Preferred 0.10%
Other -9.61%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 31.65%
Corporate 51.80%
Securitized 11.43%
Municipal 0.19%
Other 4.93%
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Region Exposure

% Developed Markets: 81.83%    % Emerging Markets: 20.77%    % Unidentified Markets: -2.60%

Americas 80.95%
71.78%
Canada 1.83%
United States 69.95%
9.17%
Argentina 0.99%
Brazil 0.35%
Chile 0.20%
Colombia 0.41%
Mexico 1.39%
Peru 1.39%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 17.64%
United Kingdom 2.47%
5.09%
Austria 0.07%
Denmark 0.00%
Finland 0.03%
France 0.73%
Germany 0.33%
Greece 0.13%
Ireland 0.47%
Italy 0.40%
Netherlands 1.23%
Norway 0.03%
Spain 0.62%
Sweden 0.03%
Switzerland 0.16%
4.38%
Czech Republic 0.85%
Poland 0.73%
Turkey 1.01%
5.70%
Egypt 0.61%
Israel 0.20%
Nigeria 0.21%
Qatar 0.04%
Saudi Arabia 0.07%
South Africa 1.50%
United Arab Emirates 0.35%
Greater Asia 4.01%
Japan 0.06%
0.07%
Australia 0.07%
0.14%
Hong Kong 0.01%
South Korea 0.01%
3.75%
China 0.54%
India 0.30%
Indonesia 0.64%
Kazakhstan 0.11%
Malaysia 0.63%
Pakistan 0.39%
Philippines 0.17%
Thailand 0.29%
Unidentified Region -2.60%

Bond Credit Quality Exposure

AAA 2.93%
AA 15.39%
A 2.35%
BBB 9.29%
BB 22.25%
B 22.54%
Below B 5.57%
    CCC 5.17%
    CC 0.11%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.26%
Not Rated 2.87%
Not Available 16.81%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
4.89%
Less than 1 Year
4.89%
Intermediate
69.98%
1 to 3 Years
10.00%
3 to 5 Years
25.12%
5 to 10 Years
34.87%
Long Term
22.38%
10 to 20 Years
11.29%
20 to 30 Years
9.31%
Over 30 Years
1.78%
Other
2.74%
As of June 30, 2025
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