Asset Allocation

As of September 30, 2025.
Type % Net
Cash 37.10%
Stock 0.17%
Bond 75.60%
Convertible 0.00%
Preferred 0.00%
Other -12.87%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 19.62%
Corporate 18.00%
Securitized 56.99%
Municipal 0.00%
Other 5.39%
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Region Exposure

% Developed Markets: 99.63%    % Emerging Markets: 5.45%    % Unidentified Markets: -5.08%

Americas 96.40%
92.22%
Canada 0.24%
United States 91.98%
4.18%
Argentina 0.25%
Brazil 1.04%
Colombia 0.13%
Mexico 0.99%
Peru 0.92%
Venezuela 0.04%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.05%
United Kingdom 1.77%
3.27%
Denmark 0.04%
Finland 0.00%
France 0.53%
Germany 0.03%
Ireland 0.56%
Italy 0.24%
Netherlands 0.29%
Norway 0.00%
Spain 0.39%
Sweden 0.05%
Switzerland 0.50%
1.15%
Russia 0.02%
Turkey 0.30%
1.86%
Egypt 0.20%
Israel 0.47%
Saudi Arabia 0.10%
South Africa 0.60%
Greater Asia 0.63%
Japan 0.58%
0.03%
Australia 0.03%
0.00%
Singapore 0.00%
0.02%
China 0.00%
Philippines 0.01%
Unidentified Region -5.08%

Bond Credit Quality Exposure

AAA 11.43%
AA 47.32%
A 3.41%
BBB 8.13%
BB 4.10%
B 0.83%
Below B 4.04%
    CCC 2.78%
    CC 0.55%
    C 0.20%
    DDD 0.00%
    DD 0.00%
    D 0.52%
Not Rated 4.29%
Not Available 16.43%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.22%
Less than 1 Year
3.22%
Intermediate
29.77%
1 to 3 Years
9.37%
3 to 5 Years
9.01%
5 to 10 Years
11.39%
Long Term
53.86%
10 to 20 Years
7.13%
20 to 30 Years
14.14%
Over 30 Years
32.60%
Other
13.15%
As of September 30, 2025
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