Asset Allocation

As of August 31, 2025.
Type % Net
Cash 4.15%
Stock 0.02%
Bond 88.25%
Convertible 0.00%
Preferred 0.00%
Other 7.59%
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Bond Sector Exposure

As of August 31, 2025
Type % Net
Government 20.16%
Corporate 42.34%
Securitized 0.06%
Municipal 26.24%
Other 11.19%
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Region Exposure

% Developed Markets: 82.12%    % Emerging Markets: 3.52%    % Unidentified Markets: 14.36%

Americas 80.11%
78.52%
Canada 73.77%
United States 4.75%
1.59%
Argentina 0.12%
Brazil 0.12%
Chile 0.11%
Colombia 0.19%
Mexico 0.39%
Peru 0.10%
Venezuela 0.02%
As of August 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.69%
United Kingdom 2.13%
1.67%
Austria 0.00%
Denmark 0.02%
Finland 0.02%
France 0.20%
Germany 0.32%
Ireland 0.00%
Italy 0.07%
Netherlands 0.26%
Norway 0.05%
Spain 0.21%
Sweden 0.07%
0.36%
Czech Republic 0.03%
Poland 0.06%
Russia 0.00%
Turkey 0.14%
0.54%
Egypt 0.05%
Israel 0.00%
Nigeria 0.06%
South Africa 0.12%
United Arab Emirates 0.07%
Greater Asia 0.84%
Japan 0.28%
0.03%
Australia 0.03%
0.07%
Hong Kong 0.05%
Singapore 0.00%
South Korea 0.01%
0.46%
China 0.03%
India 0.02%
Indonesia 0.07%
Kazakhstan 0.03%
Malaysia 0.08%
Pakistan 0.03%
Philippines 0.06%
Thailand 0.06%
Unidentified Region 14.36%

Bond Credit Quality Exposure

AAA 21.93%
AA 16.55%
A 23.99%
BBB 16.94%
BB 6.53%
B 4.47%
Below B 0.84%
    CCC 0.76%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.08%
Not Rated 0.02%
Not Available 8.75%
Short Term 0.00%
As of August 31, 2025
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Bond Maturity Exposure

Short Term
3.37%
Less than 1 Year
3.37%
Intermediate
61.99%
1 to 3 Years
10.06%
3 to 5 Years
11.64%
5 to 10 Years
40.28%
Long Term
33.27%
10 to 20 Years
11.17%
20 to 30 Years
14.21%
Over 30 Years
7.90%
Other
1.37%
As of August 31, 2025
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