Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 96.69%
Convertible 0.00%
Preferred 0.00%
Other 3.31%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.60%
Corporate 87.70%
Securitized 0.00%
Municipal 0.00%
Other 11.70%
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Region Exposure

% Developed Markets: 94.10%    % Emerging Markets: 1.85%    % Unidentified Markets: 4.05%

Americas 87.77%
83.07%
Canada 4.33%
United States 78.74%
4.70%
Brazil 0.18%
Chile 1.08%
Colombia 0.22%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.80%
United Kingdom 1.68%
5.74%
France 1.10%
Germany 0.74%
Ireland 0.80%
Netherlands 0.27%
Spain 0.54%
Switzerland 0.78%
0.00%
0.37%
Greater Asia 0.38%
Japan 0.00%
0.38%
Australia 0.38%
0.00%
0.00%
Unidentified Region 4.05%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 5.73%
BB 48.00%
B 33.39%
Below B 12.32%
    CCC 12.05%
    CC 0.00%
    C 0.07%
    DDD 0.00%
    DD 0.00%
    D 0.21%
Not Rated 0.36%
Not Available 0.19%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
3.40%
Less than 1 Year
3.40%
Intermediate
74.41%
1 to 3 Years
11.88%
3 to 5 Years
32.28%
5 to 10 Years
30.25%
Long Term
15.00%
10 to 20 Years
0.58%
20 to 30 Years
13.39%
Over 30 Years
1.03%
Other
7.19%
As of September 30, 2025
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