Asset Allocation

As of September 30, 2025.
Type % Net
Cash -0.80%
Stock 1.35%
Bond 98.92%
Convertible 0.37%
Preferred 0.00%
Other 0.16%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 5.24%
Corporate 93.09%
Securitized 0.25%
Municipal 0.00%
Other 1.42%
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Region Exposure

% Developed Markets: 97.81%    % Emerging Markets: 0.55%    % Unidentified Markets: 1.64%

Americas 74.85%
74.72%
Canada 3.08%
United States 71.64%
0.13%
Argentina 0.00%
Brazil 0.03%
Chile 0.00%
Colombia 0.00%
Mexico 0.02%
Peru 0.00%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 21.74%
United Kingdom 4.95%
16.78%
Austria 0.00%
Finland 0.47%
France 3.33%
Germany 3.28%
Greece 0.00%
Ireland 0.20%
Italy 3.56%
Netherlands 1.47%
Spain 0.71%
Sweden 0.32%
Switzerland 0.00%
0.00%
Poland 0.00%
0.00%
Egypt 0.00%
Nigeria 0.00%
Saudi Arabia 0.00%
South Africa 0.00%
Greater Asia 1.78%
Japan 0.84%
0.92%
Australia 0.92%
0.01%
Hong Kong 0.00%
Singapore 0.00%
0.01%
China 0.00%
Indonesia 0.00%
Kazakhstan 0.01%
Philippines 0.00%
Unidentified Region 1.64%

Bond Credit Quality Exposure

AAA 0.09%
AA 2.39%
A 0.05%
BBB 6.71%
BB 32.43%
B 46.82%
Below B 5.72%
    CCC 4.69%
    CC 0.20%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.82%
Not Rated 0.08%
Not Available 5.71%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
6.69%
Less than 1 Year
6.69%
Intermediate
88.93%
1 to 3 Years
13.30%
3 to 5 Years
34.42%
5 to 10 Years
41.21%
Long Term
2.87%
10 to 20 Years
2.37%
20 to 30 Years
0.43%
Over 30 Years
0.07%
Other
1.52%
As of September 30, 2025
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