Asset Allocation

As of September 30, 2025.
Type % Net
Cash 5.95%
Stock 0.00%
Bond 95.15%
Convertible 0.00%
Preferred 0.00%
Other -1.10%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 61.74%
Corporate 10.48%
Securitized 23.27%
Municipal 0.02%
Other 4.49%
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Region Exposure

% Developed Markets: 74.44%    % Emerging Markets: 17.74%    % Unidentified Markets: 7.82%

Americas 80.71%
65.81%
Canada 0.15%
United States 65.67%
14.90%
Argentina 0.51%
Brazil 4.01%
Mexico 9.56%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.60%
United Kingdom 0.08%
0.83%
Belgium 0.00%
Denmark 0.01%
Finland 0.01%
France 0.04%
Germany 0.02%
Ireland 0.01%
Netherlands 0.01%
Norway 0.01%
Spain 0.01%
Sweden 0.06%
Switzerland 0.66%
0.00%
3.68%
Egypt 3.66%
United Arab Emirates 0.02%
Greater Asia 6.87%
Japan 6.79%
0.06%
Australia 0.06%
0.02%
Singapore 0.02%
0.00%
Unidentified Region 7.82%

Bond Credit Quality Exposure

AAA 0.43%
AA 38.00%
A 10.31%
BBB 17.45%
BB 5.88%
B 0.53%
Below B 1.10%
    CCC 1.09%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 26.30%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
7.70%
Less than 1 Year
7.70%
Intermediate
12.11%
1 to 3 Years
5.88%
3 to 5 Years
1.67%
5 to 10 Years
4.56%
Long Term
78.93%
10 to 20 Years
6.02%
20 to 30 Years
72.51%
Over 30 Years
0.39%
Other
1.26%
As of September 30, 2025
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