Asset Allocation

As of September 30, 2025.
Type % Net
Cash -1.57%
Stock 0.00%
Bond 94.95%
Convertible 0.00%
Preferred 0.00%
Other 6.61%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 12.63%
Corporate 80.71%
Securitized 0.45%
Municipal 0.00%
Other 6.21%
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Region Exposure

% Developed Markets: 51.73%    % Emerging Markets: 42.75%    % Unidentified Markets: 5.52%

Americas 38.76%
12.06%
Canada 2.71%
United States 9.36%
26.69%
Argentina 0.97%
Brazil 1.00%
Chile 4.88%
Colombia 3.48%
Mexico 4.06%
Peru 3.13%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 36.10%
United Kingdom 7.67%
9.77%
Austria 0.34%
Ireland 0.41%
Italy 0.19%
Netherlands 2.77%
Spain 0.51%
4.69%
Czech Republic 0.75%
Poland 0.34%
Turkey 3.21%
13.97%
Egypt 1.02%
Israel 2.11%
Nigeria 0.57%
Qatar 0.26%
Saudi Arabia 2.35%
South Africa 1.97%
United Arab Emirates 4.19%
Greater Asia 19.62%
Japan 0.00%
0.00%
9.05%
Hong Kong 2.06%
Singapore 1.78%
South Korea 2.90%
10.57%
China 1.50%
India 3.35%
Indonesia 0.33%
Kazakhstan 1.63%
Philippines 1.31%
Thailand 0.67%
Unidentified Region 5.52%

Bond Credit Quality Exposure

AAA 0.24%
AA 8.23%
A 9.32%
BBB 30.15%
BB 30.04%
B 9.99%
Below B 1.36%
    CCC 1.36%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.08%
Not Available 9.60%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
5.56%
Less than 1 Year
5.56%
Intermediate
71.88%
1 to 3 Years
17.08%
3 to 5 Years
21.04%
5 to 10 Years
33.76%
Long Term
19.24%
10 to 20 Years
8.72%
20 to 30 Years
7.24%
Over 30 Years
3.27%
Other
3.32%
As of September 30, 2025
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