Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.07%
Stock 1.57%
Bond 97.34%
Convertible 0.00%
Preferred 0.05%
Other 0.96%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 39.30%
Corporate 56.85%
Securitized 0.54%
Municipal 0.13%
Other 3.17%
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Region Exposure

% Developed Markets: 58.62%    % Emerging Markets: 38.04%    % Unidentified Markets: 3.34%

Americas 63.75%
50.34%
Canada 1.72%
United States 48.62%
13.41%
Argentina 0.38%
Brazil 3.38%
Chile 0.99%
Colombia 2.15%
Mexico 2.84%
Peru 0.33%
Venezuela 0.28%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 22.27%
United Kingdom 1.53%
3.20%
Belgium 0.11%
France 0.03%
Germany 0.33%
Ireland 0.12%
Italy 0.18%
Netherlands 1.22%
Spain 0.45%
Sweden 0.11%
Switzerland 0.13%
7.07%
Czech Republic 1.01%
Poland 2.06%
Turkey 0.93%
10.48%
Egypt 1.67%
Israel 0.28%
Nigeria 1.17%
Saudi Arabia 1.36%
South Africa 2.38%
United Arab Emirates 0.57%
Greater Asia 10.63%
Japan 0.80%
0.81%
Australia 0.81%
0.11%
Singapore 0.09%
Taiwan 0.02%
8.92%
China 0.88%
India 1.92%
Indonesia 1.33%
Kazakhstan 0.33%
Malaysia 1.81%
Philippines 0.87%
Thailand 1.24%
Unidentified Region 3.34%

Bond Credit Quality Exposure

AAA 0.06%
AA 3.22%
A 13.70%
BBB 20.95%
BB 30.86%
B 13.19%
Below B 5.02%
    CCC 4.58%
    CC 0.01%
    C 0.23%
    DDD 0.00%
    DD 0.00%
    D 0.20%
Not Rated 0.13%
Not Available 12.88%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.08%
Less than 1 Year
4.08%
Intermediate
70.72%
1 to 3 Years
6.17%
3 to 5 Years
19.00%
5 to 10 Years
45.56%
Long Term
24.61%
10 to 20 Years
13.17%
20 to 30 Years
8.97%
Over 30 Years
2.48%
Other
0.58%
As of September 30, 2025
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