Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.02%
Stock 0.00%
Bond 96.05%
Convertible 0.00%
Preferred 0.00%
Other 0.92%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 6.33%
Corporate 92.50%
Securitized 0.00%
Municipal 0.00%
Other 1.17%
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Region Exposure

% Developed Markets: 93.98%    % Emerging Markets: 0.27%    % Unidentified Markets: 5.76%

Americas 84.24%
83.20%
Canada 3.76%
United States 79.44%
1.04%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.54%
United Kingdom 1.35%
7.12%
France 2.21%
Germany 0.37%
Ireland 0.71%
Italy 0.44%
Netherlands 2.28%
Spain 0.45%
0.08%
Poland 0.08%
0.00%
Greater Asia 1.46%
Japan 0.48%
0.38%
Australia 0.38%
0.60%
0.00%
Unidentified Region 5.76%

Bond Credit Quality Exposure

AAA 0.00%
AA 6.29%
A 0.00%
BBB 3.52%
BB 52.79%
B 31.95%
Below B 3.53%
    CCC 2.85%
    CC 0.15%
    C 0.10%
    DDD 0.00%
    DD 0.00%
    D 0.43%
Not Rated 0.60%
Not Available 1.32%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
2.41%
Less than 1 Year
2.41%
Intermediate
94.98%
1 to 3 Years
19.91%
3 to 5 Years
36.47%
5 to 10 Years
38.59%
Long Term
2.53%
10 to 20 Years
1.30%
20 to 30 Years
0.96%
Over 30 Years
0.27%
Other
0.08%
As of September 30, 2025
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