Asset Allocation

As of July 31, 2025.
Type % Net
Cash -27.12%
Stock 0.31%
Bond 129.5%
Convertible 0.00%
Preferred 0.98%
Other -3.63%
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Bond Sector Exposure

As of July 31, 2025
Type % Net
Government 11.77%
Corporate 4.68%
Securitized 79.39%
Municipal 0.00%
Other 4.16%
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Region Exposure

% Developed Markets: 81.56%    % Emerging Markets: 0.00%    % Unidentified Markets: 18.44%

Americas 56.52%
51.43%
United States 51.43%
5.09%
As of July 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 24.17%
United Kingdom 10.00%
14.17%
France 0.18%
Germany 0.04%
Ireland 6.41%
Italy 0.84%
Netherlands 0.68%
Portugal 1.03%
Spain 2.94%
0.00%
0.00%
Greater Asia 0.87%
Japan 0.00%
0.87%
Australia 0.87%
0.00%
0.00%
Unidentified Region 18.44%

Bond Credit Quality Exposure

AAA 2.09%
AA 2.22%
A 2.50%
BBB 4.99%
BB 21.04%
B 7.60%
Below B 5.51%
    CCC 2.47%
    CC 0.11%
    C 1.27%
    DDD 0.00%
    DD 0.00%
    D 1.66%
Not Rated 8.95%
Not Available 45.09%
Short Term 0.00%
As of July 31, 2025
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Bond Maturity Exposure

Short Term
13.07%
Less than 1 Year
13.07%
Intermediate
36.97%
1 to 3 Years
2.47%
3 to 5 Years
6.42%
5 to 10 Years
28.08%
Long Term
48.08%
10 to 20 Years
27.39%
20 to 30 Years
10.67%
Over 30 Years
10.02%
Other
1.88%
As of July 31, 2025
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