Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.08%
Stock 1.17%
Bond 97.16%
Convertible 0.00%
Preferred 0.00%
Other -0.42%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 2.68%
Corporate 85.79%
Securitized 3.65%
Municipal 0.00%
Other 7.88%
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Region Exposure

% Developed Markets: 88.44%    % Emerging Markets: 0.11%    % Unidentified Markets: 11.45%

Americas 80.32%
77.24%
Canada 1.14%
United States 76.10%
3.08%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.44%
United Kingdom 1.62%
5.83%
France 1.58%
Germany 0.24%
Ireland 1.21%
Netherlands 1.39%
Spain 0.56%
Sweden 0.08%
0.00%
0.00%
Greater Asia 0.79%
Japan 0.34%
0.41%
Australia 0.41%
0.03%
Singapore 0.03%
0.00%
Unidentified Region 11.45%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.93%
A 0.00%
BBB 5.79%
BB 40.12%
B 28.84%
Below B 10.88%
    CCC 9.06%
    CC 0.18%
    C 0.48%
    DDD 0.00%
    DD 0.00%
    D 1.16%
Not Rated 2.68%
Not Available 10.76%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
5.49%
Less than 1 Year
5.49%
Intermediate
86.14%
1 to 3 Years
25.26%
3 to 5 Years
34.58%
5 to 10 Years
26.30%
Long Term
7.56%
10 to 20 Years
4.68%
20 to 30 Years
2.87%
Over 30 Years
0.00%
Other
0.81%
As of September 30, 2025
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