Asset Allocation

As of June 30, 2025.
Type % Net
Cash -27.34%
Stock 4.70%
Bond 104.7%
Convertible 0.00%
Preferred 0.00%
Other 17.91%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 69.49%
Corporate 3.64%
Securitized 26.57%
Municipal 0.01%
Other 0.30%
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Region Exposure

% Developed Markets: 113.2%    % Emerging Markets: 6.19%    % Unidentified Markets: -19.37%

Americas 105.6%
99.98%
Canada 0.15%
United States 99.83%
5.66%
Brazil 3.28%
Chile 0.14%
Colombia 0.13%
Mexico 0.58%
Peru 0.25%
Venezuela 0.00%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.21%
United Kingdom 0.25%
7.45%
Denmark 1.54%
Finland 0.00%
France 2.22%
Germany 0.05%
Ireland 2.40%
Italy 0.32%
Netherlands 0.71%
Norway 0.00%
Spain 0.02%
Sweden 0.06%
Switzerland 0.02%
0.51%
Czech Republic 0.04%
Poland 0.16%
Turkey 0.07%
0.99%
Egypt 0.18%
Israel 0.47%
Nigeria 0.11%
Qatar 0.03%
South Africa 0.11%
United Arab Emirates 0.00%
Greater Asia 4.52%
Japan 3.95%
0.09%
Australia 0.09%
0.04%
Singapore 0.03%
South Korea 0.01%
0.44%
China 0.01%
Indonesia 0.01%
Kazakhstan 0.01%
Philippines 0.32%
Thailand 0.02%
Unidentified Region -19.37%

Bond Credit Quality Exposure

AAA 7.02%
AA 62.88%
A 4.49%
BBB 1.88%
BB 3.58%
B 0.31%
Below B 1.61%
    CCC 1.17%
    CC 0.28%
    C 0.13%
    DDD 0.00%
    DD 0.00%
    D 0.02%
Not Rated 0.42%
Not Available 17.81%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
9.05%
Less than 1 Year
9.05%
Intermediate
52.93%
1 to 3 Years
10.94%
3 to 5 Years
15.38%
5 to 10 Years
26.61%
Long Term
36.56%
10 to 20 Years
7.45%
20 to 30 Years
17.81%
Over 30 Years
11.30%
Other
1.45%
As of June 30, 2025
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