Asset Allocation

As of September 30, 2025.
Type % Net
Cash -19.24%
Stock 0.00%
Bond 116.0%
Convertible 0.00%
Preferred 0.00%
Other 3.26%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 28.33%
Corporate 24.27%
Securitized 44.11%
Municipal 1.44%
Other 1.85%
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Region Exposure

% Developed Markets: 119.1%    % Emerging Markets: 2.96%    % Unidentified Markets: -22.08%

Americas 104.8%
99.78%
Canada 2.93%
United States 96.85%
5.04%
Chile 0.41%
Mexico 0.82%
Peru 0.68%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 12.08%
United Kingdom 2.28%
9.15%
Belgium 1.01%
Denmark 0.19%
France 0.46%
Ireland 0.49%
Italy 0.63%
Netherlands 3.40%
Sweden 0.90%
Switzerland 0.56%
0.28%
0.37%
United Arab Emirates 0.22%
Greater Asia 5.17%
Japan 3.69%
0.22%
Australia 0.22%
0.47%
South Korea 0.47%
0.79%
India 0.79%
Unidentified Region -22.08%

Bond Credit Quality Exposure

AAA 14.90%
AA 37.23%
A 8.30%
BBB 12.09%
BB 1.06%
B 0.00%
Below B 0.63%
    CCC 0.33%
    CC 0.21%
    C 0.07%
    DDD 0.00%
    DD 0.00%
    D 0.02%
Not Rated 0.79%
Not Available 25.01%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
2.03%
Less than 1 Year
2.03%
Intermediate
33.07%
1 to 3 Years
9.69%
3 to 5 Years
8.33%
5 to 10 Years
15.05%
Long Term
60.70%
10 to 20 Years
19.47%
20 to 30 Years
37.34%
Over 30 Years
3.88%
Other
4.20%
As of September 30, 2025
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