Asset Allocation

As of September 30, 2025.
Type % Net
Cash -0.06%
Stock 3.43%
Bond 90.26%
Convertible 0.00%
Preferred 2.12%
Other 4.25%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 3.00%
Corporate 79.85%
Securitized 1.71%
Municipal 0.00%
Other 15.45%
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Region Exposure

% Developed Markets: 78.96%    % Emerging Markets: 0.23%    % Unidentified Markets: 20.81%

Americas 61.71%
58.71%
Canada 0.93%
United States 57.78%
3.00%
Mexico 0.23%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 17.49%
United Kingdom 0.46%
17.03%
France -0.00%
Germany 5.59%
Ireland -0.00%
Italy -0.00%
Netherlands 1.72%
Norway 2.27%
Spain -0.00%
Sweden 5.44%
Switzerland -0.00%
0.00%
-0.00%
Israel -0.00%
Greater Asia -0.01%
Japan -0.00%
-0.00%
Australia -0.00%
-0.00%
0.00%
Unidentified Region 20.81%

Bond Credit Quality Exposure

AAA 1.25%
AA 2.80%
A -1.29%
BBB 4.55%
BB 25.09%
B 17.59%
Below B 6.61%
    CCC 6.61%
    CC -0.00%
    C -0.00%
    DDD 0.00%
    DD 0.00%
    D -0.00%
Not Rated 5.37%
Not Available 38.02%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.83%
Less than 1 Year
4.83%
Intermediate
92.75%
1 to 3 Years
18.82%
3 to 5 Years
45.09%
5 to 10 Years
28.84%
Long Term
2.42%
10 to 20 Years
2.04%
20 to 30 Years
-0.00%
Over 30 Years
0.39%
Other
-0.00%
As of September 30, 2025
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