Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.25%
Stock 0.00%
Bond 97.11%
Convertible 0.00%
Preferred 0.00%
Other 1.64%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 12.45%
Corporate 82.66%
Securitized 0.00%
Municipal 0.00%
Other 4.89%
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Region Exposure

% Developed Markets: 45.35%    % Emerging Markets: 51.12%    % Unidentified Markets: 3.53%

Americas 28.32%
6.70%
Canada 1.68%
United States 5.01%
21.63%
Argentina 3.16%
Brazil 0.99%
Chile 2.47%
Colombia 2.69%
Mexico 5.44%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 35.65%
United Kingdom 3.43%
15.02%
Austria 0.49%
Ireland 0.78%
Netherlands 6.39%
6.48%
Czech Republic 0.51%
Poland 0.74%
Turkey 3.25%
10.73%
Israel 1.23%
Qatar 1.67%
Saudi Arabia 0.76%
South Africa 0.76%
United Arab Emirates 3.40%
Greater Asia 32.50%
Japan 0.00%
0.00%
10.46%
Hong Kong 4.86%
Singapore 3.29%
South Korea 0.63%
Taiwan 0.19%
22.03%
China 2.27%
India 5.77%
Indonesia 3.43%
Kazakhstan 2.02%
Malaysia 0.78%
Philippines 2.40%
Thailand 1.75%
Unidentified Region 3.53%

Bond Credit Quality Exposure

AAA 0.00%
AA 3.35%
A 3.10%
BBB 27.65%
BB 40.87%
B 10.65%
Below B 2.54%
    CCC 2.54%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.16%
Not Available 10.68%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
5.73%
Less than 1 Year
5.73%
Intermediate
70.26%
1 to 3 Years
15.53%
3 to 5 Years
27.47%
5 to 10 Years
27.26%
Long Term
18.74%
10 to 20 Years
10.48%
20 to 30 Years
6.57%
Over 30 Years
1.69%
Other
5.26%
As of September 30, 2025
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