A horizontal stacked bar chart compares fixed income sub-asset allocations for the unconstrained portfolio and the constrained portfolio. For the unconstrained portfolio, the allocations are 34% U.S. aggregate bonds, 2% U.S. short term Treasury bonds, 7% U.S. long term Treasury bonds, 2% U.S. intermediate credit bonds, and 15% international bonds. For the constrained portfolio, the allocations are 25% U.S. aggregate bonds, 2% U.S. short term Treasury bonds, 5% U.S. long term Treasury bonds, 2% U.S. intermediate credit bonds, and 11% international bonds.