Asset Allocation

As of September 30, 2025.
Type % Net
Cash 7.15%
Stock 0.05%
Bond 90.93%
Convertible 0.00%
Preferred 0.00%
Other 1.87%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 82.69%
Corporate 17.17%
Securitized 0.00%
Municipal 0.13%
Other 0.01%
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Region Exposure

% Developed Markets: 13.93%    % Emerging Markets: 76.99%    % Unidentified Markets: 9.08%

Americas 34.53%
4.36%
United States 4.36%
30.17%
Argentina 0.64%
Brazil 7.25%
Chile 1.00%
Colombia 6.06%
Mexico 9.99%
Peru 2.56%
Venezuela 0.06%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 32.48%
United Kingdom 1.34%
3.91%
Austria 0.02%
Netherlands 1.06%
Spain 0.56%
11.69%
Czech Republic 1.79%
Poland 4.29%
Turkey 1.67%
15.54%
Egypt 2.42%
Israel 0.15%
Nigeria 0.45%
Qatar 0.16%
Saudi Arabia 1.21%
South Africa 5.57%
United Arab Emirates 0.77%
Greater Asia 23.92%
Japan 0.00%
0.07%
Australia 0.07%
2.56%
Hong Kong 1.13%
South Korea 0.81%
Taiwan 0.02%
21.28%
China 1.89%
India 3.87%
Indonesia 5.35%
Kazakhstan 0.48%
Malaysia 5.65%
Pakistan 0.01%
Philippines 1.95%
Thailand 1.98%
Unidentified Region 9.08%

Bond Credit Quality Exposure

AAA 1.68%
AA 6.63%
A 10.07%
BBB 24.84%
BB 30.24%
B 5.06%
Below B 1.38%
    CCC 1.37%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 20.06%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.55%
Less than 1 Year
3.55%
Intermediate
65.49%
1 to 3 Years
8.93%
3 to 5 Years
13.28%
5 to 10 Years
43.29%
Long Term
30.51%
10 to 20 Years
17.66%
20 to 30 Years
11.93%
Over 30 Years
0.92%
Other
0.44%
As of September 30, 2025
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