Asset Allocation

As of May 31, 2025.
Type % Net
Cash -15.42%
Stock 0.81%
Bond 96.93%
Convertible 0.00%
Preferred 0.35%
Other 17.33%
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Bond Sector Exposure

As of May 31, 2025
Type % Net
Government 23.40%
Corporate 28.39%
Securitized 45.00%
Municipal 0.65%
Other 2.56%
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Region Exposure

% Developed Markets: 84.86%    % Emerging Markets: 2.85%    % Unidentified Markets: 12.29%

Americas 82.86%
78.41%
Canada 0.10%
United States 78.32%
4.45%
Argentina 0.01%
Brazil 0.39%
Chile 0.04%
Colombia 0.01%
Mexico 0.95%
Peru 0.06%
As of May 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.34%
United Kingdom 0.79%
2.12%
Austria 0.00%
Belgium 1.05%
Denmark 0.00%
Finland -0.00%
France 0.00%
Germany 0.18%
Ireland 0.30%
Italy 0.14%
Netherlands 0.24%
Norway 0.02%
Portugal 0.02%
Spain 0.03%
Sweden 0.01%
Switzerland 0.03%
0.02%
Czech Republic 0.01%
Poland -0.00%
Turkey 0.00%
0.41%
Egypt 0.00%
Israel 0.05%
South Africa 0.03%
Greater Asia 1.51%
Japan 0.55%
0.01%
Australia 0.01%
0.39%
Hong Kong 0.03%
Singapore 0.16%
South Korea 0.01%
Taiwan 0.02%
0.55%
China 0.01%
India 0.26%
Indonesia 0.15%
Malaysia 0.00%
Philippines 0.12%
Thailand 0.00%
Unidentified Region 12.29%

Bond Credit Quality Exposure

AAA 9.59%
AA 38.29%
A 5.21%
BBB 17.38%
BB 3.71%
B 0.96%
Below B 0.98%
    CCC 0.53%
    CC 0.24%
    C 0.17%
    DDD 0.00%
    DD 0.00%
    D 0.04%
Not Rated 1.72%
Not Available 22.16%
Short Term 0.00%
As of May 31, 2025
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Bond Maturity Exposure

Short Term
1.88%
Less than 1 Year
1.88%
Intermediate
35.20%
1 to 3 Years
7.28%
3 to 5 Years
11.63%
5 to 10 Years
16.29%
Long Term
60.83%
10 to 20 Years
17.02%
20 to 30 Years
39.97%
Over 30 Years
3.84%
Other
2.09%
As of May 31, 2025
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