Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.80%
Stock 0.44%
Bond 95.59%
Convertible 0.00%
Preferred 0.25%
Other -0.09%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 1.54%
Corporate 97.31%
Securitized 0.04%
Municipal 0.00%
Other 1.11%
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Region Exposure

% Developed Markets: 92.77%    % Emerging Markets: 1.35%    % Unidentified Markets: 5.88%

Americas 82.58%
76.80%
Canada 6.48%
United States 70.32%
5.78%
Argentina 0.00%
Mexico 0.92%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.61%
United Kingdom 2.97%
7.21%
Finland 0.51%
France 1.27%
Germany 0.37%
Greece 0.40%
Italy 0.80%
Netherlands 1.24%
0.44%
Czech Republic 0.41%
Turkey 0.02%
0.00%
Greater Asia 0.93%
Japan 0.00%
0.00%
0.93%
Hong Kong 0.51%
0.00%
Unidentified Region 5.88%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.58%
A 0.00%
BBB 3.18%
BB 41.42%
B 43.15%
Below B 8.61%
    CCC 7.50%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 1.10%
Not Rated 0.03%
Not Available 3.02%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.34%
Less than 1 Year
3.34%
Intermediate
91.02%
1 to 3 Years
12.59%
3 to 5 Years
39.60%
5 to 10 Years
38.83%
Long Term
3.88%
10 to 20 Years
1.52%
20 to 30 Years
2.35%
Over 30 Years
0.00%
Other
1.77%
As of September 30, 2025
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