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while we reports quarter, Third, fund alternative as of funds, of which for Notably, earnings our in income investments two is the the one increases it timeline. was quarters it lower equity a than had third arrears reporting expected.
growing in Finally, out we we our Wealth Management continued to as build that invest unit business.
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Another positive is our controlling expenses. in success
we mentioned, Dan and to become operations more devoted As efficient. resources streamline
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death Universal Second, business. of block this had benefits Insurance higher and Life closed segment our variable
it experienced to from assumptions impact compression. unlocking due actuarial Third, negative a spread
related or continue $X.XX developing million after-tax incremental totaling and net this Wealth per for the quarter to is loss also in invest Management our investment. share $X.X business to We
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investment high fixed the of of grade. being maturity Our XX.X% are with investment quality portfolios securities
quality Our high of portfolio also all mortgage loan with performing commercial quarter-end. loans at is
of first of on months business mortgage-backed with purchases high-quality investment for added XXXX. and tax-adjusted the bonds X.XX% non-agency new securities investment backing long-duration and was The our We corporate yield have acquisitions recent municipal bonds securities. long-term nine
million from a Next, third I'll the Using subsidiary business. September RBC Management XX, of dividends company quarter. at to XXX%. Bureau $XX.X level levels. growing points paid had September XX, and risk-based capital our This portion Wealth estimated were XXXX, had At Farm of million of capital by quarter-end June in X these on fund decrease Life capital our excess our is Farm XXXX. a action Life base, A dividends reflects during Life $XXX Bureau an of Bureau used approximately Farm comment as ratio XXX%
we have the estimate excess [ph] million company at capital we level. quarter-end that addition, of roughly at In $XX holding
to capital return to continue We shareholders.
expectations, for During our below business. we FBL our exercise quarterly and the the stock, totaled regular results million, $XX.X paid grow were our quarter To conclude, while common to third quarter, which common totaling we we bottom-line our $X.X on financial stock million. repurchased our dividend discipline
actions and turn of the my liquidity execute on Financial will Kathleen. maintain the fundamentals to call comments. We the have strength Group the strong capital FBL to I company. continue future. concludes well These our financial for we and and That positions over position now
