Asset Allocation

As of October 31, 2025.
Type % Net
Cash 9.82%
Stock 0.13%
Bond 89.87%
Convertible 0.00%
Preferred 0.00%
Other 0.18%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 33.25%
Corporate 44.32%
Securitized 3.21%
Municipal 0.45%
Other 18.77%
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Region Exposure

% Developed Markets: 56.55%    % Emerging Markets: 40.45%    % Unidentified Markets: 3.00%

Americas 48.31%
28.54%
Canada 7.91%
United States 20.64%
19.76%
Argentina 1.59%
Brazil 2.12%
Chile 0.99%
Colombia 3.73%
Mexico 3.89%
Peru 1.78%
Venezuela 0.37%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 33.95%
United Kingdom 5.53%
14.62%
Austria 0.28%
Belgium 0.23%
Finland 0.08%
France 2.48%
Germany 2.33%
Ireland 1.09%
Italy 0.76%
Netherlands 2.52%
Norway 0.24%
Spain 1.37%
Sweden 0.26%
Switzerland 0.14%
6.07%
Czech Republic 0.67%
Poland 0.82%
Russia 0.00%
Turkey 2.85%
7.73%
Egypt 0.97%
Israel 0.48%
Nigeria 0.30%
South Africa 1.72%
United Arab Emirates 0.69%
Greater Asia 14.74%
Japan 1.50%
1.03%
Australia 0.67%
3.42%
Hong Kong 2.02%
Singapore 0.30%
South Korea 0.59%
Taiwan 0.50%
8.79%
China 2.65%
India 0.33%
Indonesia 1.36%
Kazakhstan 0.34%
Malaysia 0.90%
Pakistan 0.42%
Philippines 0.34%
Thailand 1.17%
Unidentified Region 3.00%

Bond Credit Quality Exposure

AAA 1.48%
AA 1.56%
A 5.92%
BBB 16.76%
BB 29.82%
B 20.52%
Below B 5.76%
    CCC 5.23%
    CC 0.00%
    C 0.07%
    DDD 0.00%
    DD 0.00%
    D 0.46%
Not Rated 0.23%
Not Available 17.94%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
1.53%
Less than 1 Year
1.53%
Intermediate
65.48%
1 to 3 Years
6.35%
3 to 5 Years
21.68%
5 to 10 Years
37.45%
Long Term
25.07%
10 to 20 Years
15.15%
20 to 30 Years
7.07%
Over 30 Years
2.85%
Other
7.91%
As of October 31, 2025
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