Asset Allocation

As of October 31, 2025.
Type % Net
Cash -13.10%
Stock 0.00%
Bond 96.38%
Convertible 0.00%
Preferred 0.00%
Other 16.72%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 33.60%
Corporate 40.32%
Securitized 24.81%
Municipal 0.00%
Other 1.28%
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Region Exposure

% Developed Markets: 96.18%    % Emerging Markets: 6.92%    % Unidentified Markets: -3.10%

Americas 68.35%
63.30%
Canada 1.20%
United States 62.09%
5.05%
Brazil 0.28%
Chile 0.36%
Colombia 0.31%
Mexico 0.65%
Peru 0.25%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 22.21%
United Kingdom 1.52%
19.21%
Austria 0.46%
Belgium 2.14%
Denmark 0.19%
Finland 0.18%
France 5.06%
Germany 0.98%
Ireland 1.11%
Italy 3.45%
Netherlands 1.09%
Norway 0.17%
Portugal 0.15%
Spain 2.45%
Sweden 0.42%
Switzerland 0.95%
1.01%
Poland 0.29%
Turkey 0.18%
0.46%
South Africa 0.19%
Greater Asia 12.54%
Japan 9.22%
1.04%
Australia 0.94%
0.10%
Singapore 0.10%
2.18%
India 0.12%
Indonesia 0.47%
Kazakhstan 0.25%
Malaysia 0.44%
Philippines 0.18%
Thailand 0.47%
Unidentified Region -3.10%

Bond Credit Quality Exposure

AAA 10.97%
AA 16.00%
A 26.96%
BBB 27.05%
BB 4.04%
B 0.76%
Below B 0.80%
    CCC 0.70%
    CC 0.00%
    C 0.09%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.79%
Not Available 12.63%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
4.30%
Less than 1 Year
4.30%
Intermediate
51.07%
1 to 3 Years
14.19%
3 to 5 Years
15.58%
5 to 10 Years
21.31%
Long Term
44.03%
10 to 20 Years
13.12%
20 to 30 Years
26.13%
Over 30 Years
4.78%
Other
0.61%
As of October 31, 2025
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