Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.61%
Stock 0.00%
Bond 97.95%
Convertible 0.00%
Preferred 0.00%
Other -0.56%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 22.39%
Corporate 57.82%
Securitized 11.80%
Municipal 0.00%
Other 7.98%
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Region Exposure

% Developed Markets: 89.49%    % Emerging Markets: 2.88%    % Unidentified Markets: 7.63%

Americas 31.98%
27.64%
Canada 0.26%
United States 27.38%
4.34%
Brazil 0.11%
Chile 0.41%
Mexico 0.32%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 60.12%
United Kingdom 23.34%
36.72%
Austria 1.25%
Belgium 1.08%
Denmark 0.27%
France 4.16%
Germany 8.52%
Ireland 7.47%
Italy 3.52%
Netherlands 5.30%
Spain 4.33%
Sweden 0.19%
0.00%
0.06%
Greater Asia 0.27%
Japan 0.00%
0.27%
Australia 0.27%
0.00%
0.00%
Unidentified Region 7.63%

Bond Credit Quality Exposure

AAA 9.32%
AA 11.51%
A 1.48%
BBB 32.31%
BB 31.59%
B 2.93%
Below B 0.04%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.04%
Not Rated 0.00%
Not Available 10.82%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.72%
Less than 1 Year
4.72%
Intermediate
48.98%
1 to 3 Years
2.95%
3 to 5 Years
6.61%
5 to 10 Years
39.42%
Long Term
25.65%
10 to 20 Years
17.01%
20 to 30 Years
6.10%
Over 30 Years
2.53%
Other
20.64%
As of September 30, 2025
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