Asset Allocation

As of June 30, 2025.
Type % Net
Cash 5.20%
Stock 0.00%
Bond 98.31%
Convertible 0.00%
Preferred 0.00%
Other -3.51%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 14.69%
Corporate 60.99%
Securitized 17.67%
Municipal 0.49%
Other 6.16%
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Region Exposure

% Developed Markets: 86.36%    % Emerging Markets: 11.01%    % Unidentified Markets: 2.63%

Americas 86.91%
77.53%
Canada 0.59%
United States 76.94%
9.39%
Argentina 0.24%
Brazil 4.08%
Chile 0.91%
Mexico 1.08%
Peru 0.53%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.55%
United Kingdom 4.84%
3.38%
Ireland 1.85%
Netherlands 1.11%
0.86%
Poland 0.25%
0.47%
Nigeria 0.47%
Greater Asia 0.91%
Japan 0.63%
0.00%
0.00%
0.28%
China 0.02%
Indonesia 0.26%
Unidentified Region 2.63%

Bond Credit Quality Exposure

AAA 4.70%
AA 7.21%
A 7.60%
BBB 50.41%
BB 22.71%
B 4.46%
Below B 0.24%
    CCC 0.24%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 2.67%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
10.92%
Less than 1 Year
10.92%
Intermediate
61.80%
1 to 3 Years
16.24%
3 to 5 Years
13.19%
5 to 10 Years
32.38%
Long Term
24.18%
10 to 20 Years
17.54%
20 to 30 Years
5.09%
Over 30 Years
1.55%
Other
3.09%
As of June 30, 2025
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