Asset Allocation

As of September 30, 2025.
Type % Net
Cash 4.76%
Stock 1.35%
Bond 91.30%
Convertible 0.19%
Preferred 0.45%
Other 1.96%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 14.86%
Corporate 63.43%
Securitized 0.01%
Municipal 0.00%
Other 21.70%
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Region Exposure

% Developed Markets: 95.16%    % Emerging Markets: 2.40%    % Unidentified Markets: 2.44%

Americas 90.64%
87.87%
Canada 46.58%
United States 41.29%
2.77%
Argentina 0.05%
Brazil 0.00%
Colombia 0.06%
Mexico 2.05%
Peru 0.00%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.52%
United Kingdom 3.53%
2.95%
Ireland 0.19%
Netherlands 1.46%
Norway 0.32%
Switzerland 0.05%
0.00%
0.03%
United Arab Emirates 0.03%
Greater Asia 0.41%
Japan 0.00%
0.00%
Australia 0.00%
0.17%
Hong Kong 0.17%
0.24%
China 0.24%
Kazakhstan 0.00%
Unidentified Region 2.44%

Bond Credit Quality Exposure

AAA 8.61%
AA 4.07%
A 18.80%
BBB 43.63%
BB 7.09%
B 2.23%
Below B 0.54%
    CCC 0.54%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 15.02%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
9.59%
Less than 1 Year
9.59%
Intermediate
74.30%
1 to 3 Years
20.16%
3 to 5 Years
28.22%
5 to 10 Years
25.92%
Long Term
15.83%
10 to 20 Years
4.26%
20 to 30 Years
8.68%
Over 30 Years
2.89%
Other
0.29%
As of September 30, 2025
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