Asset Allocation

As of September 30, 2025.
Type % Net
Cash 5.22%
Stock 0.00%
Bond 94.78%
Convertible 0.00%
Preferred 0.00%
Other -0.01%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 5.50%
Corporate 94.50%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 58.17%    % Emerging Markets: 40.75%    % Unidentified Markets: 1.08%

Americas 34.56%
9.67%
Canada 2.12%
United States 7.56%
24.88%
Argentina 3.85%
Brazil 1.33%
Chile 3.88%
Colombia 1.54%
Mexico 2.79%
Peru 1.59%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 44.86%
United Kingdom 8.29%
20.46%
Austria 1.22%
Netherlands 9.89%
Spain 0.52%
5.35%
Czech Republic 1.83%
Poland 1.23%
Turkey 2.30%
10.76%
Egypt 0.87%
Israel 2.09%
Nigeria 0.32%
Saudi Arabia 0.65%
South Africa 0.36%
United Arab Emirates 4.11%
Greater Asia 19.50%
Japan 0.00%
0.00%
6.16%
Hong Kong 1.07%
Singapore 2.06%
South Korea 2.66%
Taiwan 0.37%
13.35%
China 1.78%
India 5.63%
Indonesia 1.60%
Kazakhstan 2.16%
Thailand 2.16%
Unidentified Region 1.08%

Bond Credit Quality Exposure

AAA 0.00%
AA 2.84%
A 5.68%
BBB 27.53%
BB 34.87%
B 21.44%
Below B 4.03%
    CCC 3.57%
    CC 0.00%
    C 0.46%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 3.61%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
5.72%
Less than 1 Year
5.72%
Intermediate
64.56%
1 to 3 Years
11.89%
3 to 5 Years
22.04%
5 to 10 Years
30.63%
Long Term
21.72%
10 to 20 Years
8.32%
20 to 30 Years
8.59%
Over 30 Years
4.80%
Other
8.00%
As of September 30, 2025
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