Asset Allocation

As of September 30, 2025.
Type % Net
Cash 5.30%
Stock 0.07%
Bond 93.22%
Convertible 0.00%
Preferred 0.00%
Other 1.41%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 74.12%
Corporate 24.79%
Securitized 0.69%
Municipal 0.25%
Other 0.15%
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Region Exposure

% Developed Markets: 60.39%    % Emerging Markets: 34.37%    % Unidentified Markets: 5.24%

Americas 22.64%
16.21%
Canada 5.84%
United States 10.37%
6.43%
Brazil 1.57%
Chile 0.82%
Colombia 1.62%
Mexico 1.92%
Peru 0.11%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 49.33%
United Kingdom 6.24%
26.70%
Austria 0.51%
Belgium 1.95%
Denmark 0.83%
Finland 0.04%
France 4.74%
Germany 3.02%
Greece 0.20%
Ireland 0.43%
Italy 2.11%
Netherlands 1.90%
Norway 0.10%
Portugal 0.15%
Spain 3.68%
Sweden 2.23%
Switzerland 0.24%
10.45%
Czech Republic 2.85%
Poland 0.67%
5.93%
Egypt 0.72%
Israel 0.28%
Qatar 0.07%
Saudi Arabia 0.58%
South Africa 1.24%
United Arab Emirates 0.49%
Greater Asia 22.79%
Japan 8.37%
2.27%
Australia 2.14%
1.75%
Hong Kong 0.10%
Singapore 1.11%
South Korea 0.37%
10.39%
China 3.14%
India 1.21%
Indonesia 1.92%
Kazakhstan 0.10%
Malaysia 1.75%
Thailand 1.99%
Unidentified Region 5.24%

Bond Credit Quality Exposure

AAA 11.43%
AA 10.56%
A 18.34%
BBB 24.93%
BB 9.07%
B 2.21%
Below B 0.01%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.58%
Not Available 22.88%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
7.07%
Less than 1 Year
7.07%
Intermediate
73.18%
1 to 3 Years
15.00%
3 to 5 Years
19.64%
5 to 10 Years
38.54%
Long Term
19.41%
10 to 20 Years
7.38%
20 to 30 Years
10.31%
Over 30 Years
1.72%
Other
0.33%
As of September 30, 2025
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