Asset Allocation

As of June 30, 2025.
Type % Net
Cash 34.48%
Stock 0.22%
Bond 71.64%
Convertible 0.00%
Preferred 0.00%
Other -6.35%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 18.57%
Corporate 21.19%
Securitized 58.84%
Municipal 0.00%
Other 1.40%
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Region Exposure

% Developed Markets: 115.6%    % Emerging Markets: 4.88%    % Unidentified Markets: -20.45%

Americas 96.09%
90.42%
Canada 0.22%
United States 90.20%
5.67%
Argentina 0.33%
Brazil 1.16%
Mexico 0.84%
Peru 0.81%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 23.41%
United Kingdom 10.48%
10.03%
France 0.84%
Ireland 5.76%
Italy 0.22%
Netherlands 1.08%
Spain 1.03%
Switzerland 0.79%
1.18%
Russia 0.06%
Turkey 0.16%
1.72%
Egypt 0.24%
Israel 1.15%
South Africa 0.33%
Greater Asia 0.96%
Japan 0.22%
0.73%
Australia 0.73%
0.00%
0.00%
Unidentified Region -20.45%

Bond Credit Quality Exposure

AAA 19.73%
AA 50.74%
A 4.01%
BBB 10.34%
BB 3.07%
B 1.24%
Below B 4.25%
    CCC 2.49%
    CC 0.64%
    C 0.36%
    DDD 0.00%
    DD 0.00%
    D 0.76%
Not Rated 0.98%
Not Available 5.65%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
1.66%
Less than 1 Year
1.66%
Intermediate
32.19%
1 to 3 Years
8.72%
3 to 5 Years
5.59%
5 to 10 Years
17.88%
Long Term
42.46%
10 to 20 Years
7.71%
20 to 30 Years
18.88%
Over 30 Years
15.86%
Other
23.69%
As of June 30, 2025
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