Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.99%
Stock 0.13%
Bond 96.12%
Convertible 0.00%
Preferred 0.00%
Other 1.75%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 34.87%
Corporate 47.63%
Securitized 16.02%
Municipal 0.19%
Other 1.30%
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Region Exposure

% Developed Markets: 111.9%    % Emerging Markets: 8.76%    % Unidentified Markets: -20.67%

Americas 93.58%
86.38%
Canada 1.07%
United States 85.31%
7.20%
Argentina 0.23%
Brazil 1.78%
Chile 0.17%
Colombia 2.00%
Mexico 1.21%
Peru 0.31%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 24.40%
United Kingdom 7.17%
14.60%
Austria 0.46%
Belgium 1.11%
Denmark 0.54%
Finland 0.18%
France 3.90%
Germany 1.40%
Greece 0.00%
Ireland 0.82%
Italy 0.76%
Netherlands 1.83%
Norway 0.41%
Spain 0.68%
Sweden 0.55%
Switzerland 0.49%
1.26%
Czech Republic 0.99%
Turkey 0.27%
1.36%
Egypt 0.11%
Israel 0.16%
South Africa 0.71%
Greater Asia 2.69%
Japan 0.43%
2.16%
Australia 1.99%
0.00%
0.10%
Philippines 0.10%
Unidentified Region -20.67%

Bond Credit Quality Exposure

AAA 1.26%
AA 45.75%
A 8.82%
BBB 15.18%
BB 13.13%
B 6.18%
Below B 1.29%
    CCC 1.29%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.39%
Not Available 7.98%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.63%
Less than 1 Year
0.63%
Intermediate
52.76%
1 to 3 Years
22.54%
3 to 5 Years
10.94%
5 to 10 Years
19.28%
Long Term
44.88%
10 to 20 Years
4.34%
20 to 30 Years
36.97%
Over 30 Years
3.58%
Other
1.73%
As of September 30, 2025
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