Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.17%
Stock 0.70%
Bond 94.06%
Convertible 0.00%
Preferred 0.00%
Other 4.07%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 45.72%
Corporate 22.33%
Securitized 24.46%
Municipal 1.59%
Other 5.90%
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Region Exposure

% Developed Markets: 98.38%    % Emerging Markets: 19.81%    % Unidentified Markets: -18.19%

Americas 70.10%
64.26%
Canada 3.44%
United States 60.83%
5.83%
Argentina 0.02%
Chile 0.58%
Colombia 0.66%
Mexico 0.61%
Peru 2.26%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 32.83%
United Kingdom 3.85%
17.06%
Belgium 0.67%
Denmark 0.57%
France 5.14%
Ireland 2.50%
Italy 2.65%
Netherlands 1.89%
Norway 0.16%
Spain 1.78%
Switzerland 0.64%
4.94%
Czech Republic 0.17%
Poland 0.44%
6.98%
Israel 0.81%
Nigeria 0.04%
Qatar 0.11%
Saudi Arabia 2.31%
South Africa 2.32%
United Arab Emirates 0.18%
Greater Asia 15.26%
Japan 6.51%
2.21%
Australia 2.09%
1.87%
Singapore 0.59%
South Korea 1.10%
4.66%
China 1.46%
India 0.19%
Indonesia 0.38%
Kazakhstan 0.54%
Malaysia 0.91%
Philippines 0.79%
Thailand 0.40%
Unidentified Region -18.19%

Bond Credit Quality Exposure

AAA 11.21%
AA 33.94%
A 15.35%
BBB 12.41%
BB 4.23%
B 0.96%
Below B 2.47%
    CCC 2.07%
    CC 0.14%
    C 0.26%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.22%
Not Available 18.21%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.23%
Less than 1 Year
1.23%
Intermediate
47.44%
1 to 3 Years
11.18%
3 to 5 Years
14.38%
5 to 10 Years
21.89%
Long Term
45.40%
10 to 20 Years
10.24%
20 to 30 Years
20.69%
Over 30 Years
14.47%
Other
5.93%
As of September 30, 2025
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