Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.83%
Stock 0.00%
Bond 99.27%
Convertible 0.00%
Preferred 0.00%
Other -2.09%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 85.50%
Corporate 0.34%
Securitized 13.54%
Municipal 0.00%
Other 0.61%
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Region Exposure

% Developed Markets: 109.0%    % Emerging Markets: 2.86%    % Unidentified Markets: -11.90%

Americas 102.9%
98.17%
Canada 0.45%
United States 97.71%
4.71%
Brazil 2.77%
Mexico 0.06%
Peru 0.02%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.00%
United Kingdom 0.00%
6.00%
Denmark 0.16%
Finland 0.00%
France 2.63%
Germany 0.00%
Ireland 2.09%
Italy 0.51%
Netherlands 0.57%
Norway 0.00%
Sweden 0.00%
Switzerland 0.03%
0.00%
0.00%
Greater Asia 3.01%
Japan 3.01%
0.00%
Australia 0.00%
0.00%
0.00%
Philippines 0.00%
Unidentified Region -11.90%

Bond Credit Quality Exposure

AAA 5.60%
AA 76.67%
A 5.09%
BBB 0.68%
BB 2.66%
B 0.21%
Below B 3.12%
    CCC 2.04%
    CC 0.71%
    C 0.16%
    DDD 0.00%
    DD 0.00%
    D 0.21%
Not Rated 0.45%
Not Available 5.51%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
5.64%
Less than 1 Year
5.64%
Intermediate
73.34%
1 to 3 Years
28.23%
3 to 5 Years
32.75%
5 to 10 Years
12.35%
Long Term
17.52%
10 to 20 Years
4.93%
20 to 30 Years
4.51%
Over 30 Years
8.08%
Other
3.50%
As of September 30, 2025
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