Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.98%
Stock 0.00%
Bond 96.00%
Convertible 0.00%
Preferred 0.00%
Other 0.02%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 84.04%
Corporate 14.38%
Securitized 0.22%
Municipal 0.53%
Other 0.84%
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Region Exposure

% Developed Markets: 16.56%    % Emerging Markets: 83.33%    % Unidentified Markets: 0.11%

Americas 40.18%
4.23%
Canada 0.07%
United States 4.16%
35.95%
Argentina 3.40%
Brazil 3.60%
Chile 1.80%
Colombia 3.35%
Mexico 6.52%
Peru 1.85%
Venezuela 1.17%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 47.89%
United Kingdom 0.59%
5.74%
Austria 0.01%
Ireland 1.12%
Netherlands 0.59%
Spain 0.12%
18.63%
Czech Republic 0.28%
Poland 4.27%
Turkey 4.92%
22.93%
Egypt 2.23%
Israel 0.09%
Nigeria 2.16%
Saudi Arabia 3.38%
South Africa 2.37%
United Arab Emirates 1.59%
Greater Asia 11.82%
Japan 0.00%
0.00%
0.12%
Hong Kong 0.01%
Singapore 0.09%
South Korea 0.02%
Taiwan 0.00%
11.70%
China 0.23%
India 0.42%
Indonesia 4.69%
Kazakhstan 0.02%
Malaysia 1.74%
Philippines 2.01%
Thailand 0.21%
Unidentified Region 0.11%

Bond Credit Quality Exposure

AAA 0.46%
AA 1.70%
A 12.09%
BBB 32.76%
BB 21.97%
B 17.99%
Below B 8.43%
    CCC 7.71%
    CC 0.00%
    C 0.18%
    DDD 0.00%
    DD 0.00%
    D 0.54%
Not Rated 1.43%
Not Available 3.16%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.51%
Less than 1 Year
0.51%
Intermediate
62.32%
1 to 3 Years
5.51%
3 to 5 Years
15.65%
5 to 10 Years
41.16%
Long Term
36.75%
10 to 20 Years
13.79%
20 to 30 Years
17.49%
Over 30 Years
5.47%
Other
0.42%
As of September 30, 2025
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