The above credit quality ratings are derived from the underlying securities of the portfolio, and are rated by Moody’s. If a rating from Moody’s is unavailable, S&P’s rating is used. If neither Moody’s nor S&P ratings are available, Fitch’s rating is used. Ratings may apply to issuer, counterparty parent or guarantor.
Composition By Security Type
Repurchase Agreements
40.0%
Agencies
34.2%
Cash Equivalents
12.3%
U.S. Treasuries
13.5%
Portfolio composition is as of March 31, 2020 and is subject to change.