Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.48%
Stock 0.01%
Bond 102.8%
Convertible 0.00%
Preferred 0.00%
Other -4.33%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 5.57%
Corporate 32.56%
Securitized 28.76%
Municipal 0.00%
Other 33.10%
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Region Exposure

% Developed Markets: 52.10%    % Emerging Markets: 0.27%    % Unidentified Markets: 47.63%

Americas 49.35%
48.52%
Canada 0.33%
United States 48.18%
0.83%
Brazil 0.14%
Mexico 0.13%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.41%
United Kingdom 0.59%
1.83%
Austria 0.16%
France 0.17%
Netherlands 0.48%
Spain 0.07%
0.00%
0.00%
Greater Asia 0.61%
Japan 0.32%
0.17%
Australia 0.17%
0.12%
Singapore 0.12%
0.00%
Unidentified Region 47.63%

Bond Credit Quality Exposure

AAA 4.41%
AA 6.82%
A 8.05%
BBB 7.22%
BB 14.09%
B 11.58%
Below B 2.56%
    CCC 2.56%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 4.77%
Not Available 40.49%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.59%
Less than 1 Year
0.59%
Intermediate
69.34%
1 to 3 Years
6.16%
3 to 5 Years
18.14%
5 to 10 Years
45.04%
Long Term
28.34%
10 to 20 Years
12.32%
20 to 30 Years
8.43%
Over 30 Years
7.59%
Other
1.73%
As of September 30, 2025
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