Asset Allocation

As of June 30, 2025.
Type % Net
Cash 1.88%
Stock 0.01%
Bond 96.86%
Convertible 0.00%
Preferred 0.00%
Other 1.24%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 45.39%
Corporate 14.06%
Securitized 38.35%
Municipal 1.09%
Other 1.11%
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Region Exposure

% Developed Markets: 115.9%    % Emerging Markets: 8.80%    % Unidentified Markets: -24.68%

Americas 84.77%
80.10%
Canada 3.99%
United States 76.12%
4.66%
Argentina 0.01%
Brazil 1.91%
Chile 0.06%
Mexico 0.02%
Peru 1.33%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 29.99%
United Kingdom 4.69%
19.58%
Denmark 0.67%
Finland 0.00%
France 7.02%
Germany 0.02%
Ireland 2.48%
Italy 1.00%
Netherlands 0.77%
Norway 0.09%
Spain 6.58%
Sweden 0.00%
Switzerland 0.65%
1.95%
Poland 0.58%
3.77%
Israel 0.42%
Nigeria 0.02%
Qatar 0.02%
Saudi Arabia 1.76%
South Africa 1.26%
United Arab Emirates 0.29%
Greater Asia 9.93%
Japan 6.14%
2.33%
Australia 2.33%
1.33%
Singapore 0.78%
South Korea 0.49%
0.12%
Malaysia 0.12%
Philippines 0.00%
Unidentified Region -24.68%

Bond Credit Quality Exposure

AAA 12.10%
AA 40.46%
A 9.50%
BBB 5.37%
BB 2.93%
B 0.07%
Below B 2.15%
    CCC 1.69%
    CC 0.25%
    C 0.05%
    DDD 0.00%
    DD 0.00%
    D 0.16%
Not Rated 0.32%
Not Available 27.08%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
5.79%
Less than 1 Year
5.79%
Intermediate
33.86%
1 to 3 Years
10.58%
3 to 5 Years
7.82%
5 to 10 Years
15.47%
Long Term
46.78%
10 to 20 Years
6.78%
20 to 30 Years
28.52%
Over 30 Years
11.48%
Other
13.58%
As of June 30, 2025
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