Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.82%
Stock 0.00%
Bond 95.23%
Convertible 0.00%
Preferred 0.00%
Other 3.95%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 75.72%
Corporate 12.49%
Securitized 5.20%
Municipal 0.00%
Other 6.59%
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Region Exposure

% Developed Markets: 18.80%    % Emerging Markets: 70.63%    % Unidentified Markets: 10.58%

Americas 50.28%
11.51%
Canada 0.48%
United States 11.02%
38.77%
Brazil 19.24%
Chile 1.60%
Colombia 3.07%
Mexico 7.18%
Peru 3.52%
Venezuela 0.12%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 25.34%
United Kingdom 2.33%
2.75%
Denmark 0.02%
France 0.16%
Germany 0.54%
Ireland 0.25%
Italy 0.12%
Netherlands 0.64%
Norway 0.19%
Switzerland 0.07%
7.82%
Czech Republic 0.76%
Poland 2.59%
Turkey 1.62%
12.44%
Egypt 1.85%
Israel 0.18%
Nigeria 1.28%
Qatar 0.11%
South Africa 6.76%
Greater Asia 13.80%
Japan 0.26%
0.16%
Australia 0.16%
0.17%
Singapore 0.16%
South Korea 0.01%
13.20%
China 0.10%
Indonesia 0.03%
Kazakhstan 0.11%
Malaysia 9.53%
Philippines 2.57%
Unidentified Region 10.58%

Bond Credit Quality Exposure

AAA 3.48%
AA 1.27%
A 5.44%
BBB 22.71%
BB 36.05%
B 2.85%
Below B 0.97%
    CCC 0.70%
    CC 0.03%
    C 0.23%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.34%
Not Available 25.89%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
36.10%
Less than 1 Year
36.10%
Intermediate
53.88%
1 to 3 Years
24.67%
3 to 5 Years
15.35%
5 to 10 Years
13.87%
Long Term
9.74%
10 to 20 Years
6.43%
20 to 30 Years
2.77%
Over 30 Years
0.54%
Other
0.28%
As of September 30, 2025
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