Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.88%
Stock 0.00%
Bond 97.40%
Convertible 0.00%
Preferred 0.00%
Other 1.71%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 27.31%
Corporate 30.48%
Securitized 36.21%
Municipal 4.49%
Other 1.52%
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Region Exposure

% Developed Markets: 90.67%    % Emerging Markets: 0.00%    % Unidentified Markets: 9.33%

Americas 89.42%
88.38%
Canada 1.22%
United States 87.16%
1.04%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.96%
United Kingdom 0.35%
0.47%
France 0.12%
Netherlands 0.17%
0.00%
0.13%
United Arab Emirates 0.13%
Greater Asia 0.29%
Japan 0.00%
0.18%
Australia 0.18%
0.11%
Hong Kong 0.11%
0.00%
Unidentified Region 9.33%

Bond Credit Quality Exposure

AAA 8.96%
AA 37.20%
A 12.09%
BBB 12.23%
BB 10.24%
B 2.95%
Below B 1.05%
    CCC 1.05%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.59%
Not Available 14.68%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.05%
Less than 1 Year
0.05%
Intermediate
50.83%
1 to 3 Years
4.20%
3 to 5 Years
10.72%
5 to 10 Years
35.90%
Long Term
46.89%
10 to 20 Years
19.04%
20 to 30 Years
21.75%
Over 30 Years
6.10%
Other
2.23%
As of September 30, 2025
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