Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.13%
Stock 0.00%
Bond 97.17%
Convertible 0.00%
Preferred 0.00%
Other 0.70%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 37.14%
Corporate 49.24%
Securitized 10.93%
Municipal 2.32%
Other 0.37%
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Region Exposure

% Developed Markets: 92.95%    % Emerging Markets: 4.12%    % Unidentified Markets: 2.93%

Americas 46.44%
44.93%
Canada 4.85%
United States 40.08%
1.50%
Chile 0.20%
Mexico 0.55%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 35.88%
United Kingdom 6.56%
27.74%
Austria 0.76%
Belgium 2.63%
Denmark 0.91%
Finland 0.53%
France 4.72%
Germany 4.61%
Greece 0.69%
Ireland 0.81%
Italy 1.52%
Netherlands 2.10%
Norway 0.80%
Spain 3.18%
Sweden 1.09%
Switzerland 0.67%
1.12%
Czech Republic 0.45%
Poland 0.33%
0.46%
Saudi Arabia 0.19%
Greater Asia 14.75%
Japan 8.88%
3.55%
Australia 3.18%
0.82%
Hong Kong 0.17%
Singapore 0.51%
South Korea 0.15%
1.50%
China 0.16%
Indonesia 0.08%
Malaysia 0.35%
Philippines 0.58%
Thailand 0.34%
Unidentified Region 2.93%

Bond Credit Quality Exposure

AAA 14.61%
AA 17.28%
A 14.85%
BBB 24.61%
BB 9.68%
B 0.56%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 18.41%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
5.36%
Less than 1 Year
5.36%
Intermediate
66.12%
1 to 3 Years
21.16%
3 to 5 Years
22.38%
5 to 10 Years
22.59%
Long Term
28.44%
10 to 20 Years
9.93%
20 to 30 Years
16.93%
Over 30 Years
1.58%
Other
0.08%
As of September 30, 2025
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