Asset Allocation

As of June 30, 2025.
Type % Net
Cash -18.79%
Stock 0.87%
Bond 97.46%
Convertible 0.00%
Preferred 0.35%
Other 20.09%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 23.49%
Corporate 28.41%
Securitized 45.02%
Municipal 0.64%
Other 2.44%
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Region Exposure

% Developed Markets: 84.07%    % Emerging Markets: 3.77%    % Unidentified Markets: 12.16%

Americas 81.30%
76.30%
Canada 0.07%
United States 76.23%
4.99%
Argentina 0.09%
Brazil 0.57%
Chile 0.14%
Colombia 0.14%
Mexico 1.10%
Peru 0.05%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.92%
United Kingdom 1.11%
3.09%
Austria 0.03%
Belgium 1.06%
Denmark 0.00%
Finland -0.01%
France 0.02%
Germany 0.18%
Ireland 0.31%
Italy 0.88%
Netherlands 0.33%
Norway 0.00%
Portugal 0.02%
Spain 0.04%
Sweden 0.01%
Switzerland 0.01%
0.21%
Poland 0.05%
Turkey 0.12%
0.51%
Egypt 0.00%
Israel 0.05%
South Africa -0.00%
United Arab Emirates 0.05%
Greater Asia 1.63%
Japan 0.56%
0.03%
Australia 0.03%
0.45%
Hong Kong 0.11%
Singapore 0.13%
South Korea 0.01%
Taiwan 0.02%
0.59%
China 0.01%
India 0.26%
Indonesia 0.15%
Kazakhstan 0.05%
Malaysia 0.00%
Philippines 0.12%
Thailand 0.00%
Unidentified Region 12.16%

Bond Credit Quality Exposure

AAA 9.43%
AA 38.92%
A 4.86%
BBB 17.81%
BB 3.97%
B 1.13%
Below B 0.94%
    CCC 0.60%
    CC 0.19%
    C 0.12%
    DDD 0.00%
    DD 0.00%
    D 0.03%
Not Rated 1.67%
Not Available 21.25%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
1.55%
Less than 1 Year
1.55%
Intermediate
33.91%
1 to 3 Years
7.21%
3 to 5 Years
10.55%
5 to 10 Years
16.15%
Long Term
63.71%
10 to 20 Years
17.10%
20 to 30 Years
40.87%
Over 30 Years
5.74%
Other
0.83%
As of June 30, 2025
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