Asset Allocation

As of July 31, 2025.
Type % Net
Cash 9.13%
Stock 0.00%
Bond 64.22%
Convertible 0.00%
Preferred 0.00%
Other 26.65%
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Bond Sector Exposure

As of July 31, 2025
Type % Net
Government 28.29%
Corporate 19.70%
Securitized 50.06%
Municipal 0.86%
Other 1.08%
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Region Exposure

% Developed Markets: 92.10%    % Emerging Markets: 0.88%    % Unidentified Markets: 7.02%

Americas 89.59%
87.10%
Canada 0.07%
United States 87.03%
2.49%
Brazil 0.05%
Colombia 0.02%
Mexico 0.23%
As of July 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.18%
United Kingdom 0.83%
2.11%
Belgium 0.13%
France 0.29%
Germany 0.46%
Ireland 0.28%
Italy 0.10%
Netherlands 0.39%
Spain 0.05%
0.06%
0.17%
Israel 0.08%
South Africa 0.04%
Greater Asia 0.21%
Japan 0.16%
0.02%
Australia 0.02%
0.00%
0.04%
Indonesia 0.04%
Unidentified Region 7.02%

Bond Credit Quality Exposure

AAA 8.77%
AA 44.95%
A 6.38%
BBB 9.96%
BB 2.97%
B 1.07%
Below B 3.57%
    CCC 2.50%
    CC 0.03%
    C 0.07%
    DDD 0.00%
    DD 0.00%
    D 0.97%
Not Rated 1.80%
Not Available 20.52%
Short Term 0.00%
As of July 31, 2025
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Bond Maturity Exposure

Short Term
0.33%
Less than 1 Year
0.33%
Intermediate
36.15%
1 to 3 Years
7.62%
3 to 5 Years
5.15%
5 to 10 Years
23.37%
Long Term
62.54%
10 to 20 Years
17.51%
20 to 30 Years
41.96%
Over 30 Years
3.08%
Other
0.98%
As of July 31, 2025
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