Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.23%
Stock 0.23%
Bond 97.86%
Convertible 0.00%
Preferred 0.00%
Other 1.68%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 19.13%
Corporate 43.80%
Securitized 34.52%
Municipal 0.00%
Other 2.55%
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Region Exposure

% Developed Markets: 80.76%    % Emerging Markets: 7.77%    % Unidentified Markets: 11.47%

Americas 76.14%
69.30%
Canada 0.47%
United States 68.83%
6.84%
Argentina 0.36%
Brazil 0.26%
Chile 0.47%
Colombia 0.32%
Mexico 0.92%
Peru 0.11%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.44%
United Kingdom 1.79%
4.70%
Austria 0.22%
France 1.06%
Ireland 0.40%
Italy 0.24%
Netherlands 1.32%
Spain 0.42%
Switzerland 0.24%
1.74%
Poland 0.17%
Turkey 1.25%
2.21%
Egypt 0.24%
Israel 0.28%
Nigeria 0.42%
Saudi Arabia 0.03%
United Arab Emirates 0.51%
Greater Asia 1.96%
Japan 0.42%
0.36%
Australia 0.36%
0.10%
1.09%
Indonesia 0.28%
Kazakhstan 0.38%
Unidentified Region 11.47%

Bond Credit Quality Exposure

AAA 5.75%
AA 16.03%
A 6.59%
BBB 16.06%
BB 22.58%
B 10.47%
Below B 1.96%
    CCC 1.77%
    CC 0.18%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 5.14%
Not Available 15.42%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.67%
Less than 1 Year
4.67%
Intermediate
51.69%
1 to 3 Years
6.35%
3 to 5 Years
16.60%
5 to 10 Years
28.75%
Long Term
41.85%
10 to 20 Years
18.85%
20 to 30 Years
17.52%
Over 30 Years
5.49%
Other
1.78%
As of September 30, 2025
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