Asset Allocation

As of September 30, 2025.
Type % Net
Cash 9.24%
Stock 0.51%
Bond 93.43%
Convertible 0.00%
Preferred 0.02%
Other -3.21%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 26.54%
Corporate 9.01%
Securitized 57.30%
Municipal 0.04%
Other 7.11%
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Region Exposure

% Developed Markets: 111.9%    % Emerging Markets: 6.65%    % Unidentified Markets: -18.53%

Americas 103.6%
96.94%
Canada 0.19%
United States 96.76%
6.68%
Argentina 0.41%
Brazil 1.25%
Colombia 0.10%
Mexico 1.11%
Peru 1.13%
Venezuela 0.06%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 14.44%
United Kingdom 6.16%
5.20%
Denmark 0.02%
Finland 0.00%
France 0.32%
Germany 0.02%
Greece 0.11%
Ireland 2.21%
Italy 0.08%
Netherlands 1.20%
Norway 0.00%
Spain 0.12%
Sweden 0.04%
Switzerland 0.46%
1.52%
Russia 0.18%
Turkey 0.45%
1.56%
Egypt 0.24%
Israel 0.41%
Saudi Arabia 0.12%
South Africa 0.66%
Greater Asia 0.46%
Japan 0.39%
0.06%
Australia 0.06%
0.00%
Singapore 0.00%
0.01%
China 0.01%
Philippines 0.01%
Unidentified Region -18.53%

Bond Credit Quality Exposure

AAA 15.03%
AA 51.20%
A 2.15%
BBB 4.56%
BB 2.69%
B 0.61%
Below B 4.08%
    CCC 2.97%
    CC 0.55%
    C 0.16%
    DDD 0.00%
    DD 0.00%
    D 0.41%
Not Rated 6.16%
Not Available 13.51%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.11%
Less than 1 Year
3.11%
Intermediate
23.36%
1 to 3 Years
5.05%
3 to 5 Years
6.42%
5 to 10 Years
11.89%
Long Term
61.83%
10 to 20 Years
8.72%
20 to 30 Years
15.23%
Over 30 Years
37.88%
Other
11.70%
As of September 30, 2025
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