Asset Allocation

As of September 30, 2025.
Type % Net
Cash -14.68%
Stock 0.00%
Bond 109.6%
Convertible 0.00%
Preferred 0.00%
Other 5.08%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 63.13%
Corporate 13.30%
Securitized 21.20%
Municipal 0.86%
Other 1.52%
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Region Exposure

% Developed Markets: 112.0%    % Emerging Markets: 6.80%    % Unidentified Markets: -18.80%

Americas 110.0%
105.1%
Canada 1.44%
United States 103.7%
4.90%
Brazil 2.57%
Chile 0.03%
Mexico 0.08%
Peru 1.24%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.97%
United Kingdom 0.88%
2.71%
Ireland 1.00%
Italy 0.28%
Netherlands 0.37%
Norway 0.12%
Switzerland 0.46%
0.48%
2.90%
Israel 0.31%
Saudi Arabia 0.29%
South Africa 1.60%
Greater Asia 1.82%
Japan 1.50%
0.31%
Australia 0.31%
0.02%
Singapore 0.02%
0.00%
Unidentified Region -18.80%

Bond Credit Quality Exposure

AAA 7.22%
AA 62.16%
A 6.48%
BBB 7.76%
BB 4.84%
B 0.27%
Below B 1.01%
    CCC 0.73%
    CC 0.00%
    C 0.24%
    DDD 0.00%
    DD 0.00%
    D 0.03%
Not Rated 0.49%
Not Available 9.79%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.32%
Less than 1 Year
3.32%
Intermediate
51.04%
1 to 3 Years
8.65%
3 to 5 Years
19.15%
5 to 10 Years
23.24%
Long Term
41.55%
10 to 20 Years
17.07%
20 to 30 Years
17.79%
Over 30 Years
6.70%
Other
4.08%
As of September 30, 2025
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