Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.82%
Stock 0.14%
Bond 98.97%
Convertible 0.00%
Preferred 0.00%
Other 0.07%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 24.98%
Corporate 33.93%
Securitized 0.77%
Municipal 38.39%
Other 1.93%
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Region Exposure

% Developed Markets: 98.51%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.49%

Americas 98.36%
98.36%
Canada 93.48%
United States 4.87%
0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.15%
United Kingdom 0.00%
0.15%
France 0.10%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 1.49%

Bond Credit Quality Exposure

AAA 36.19%
AA 25.93%
A 24.76%
BBB 6.97%
BB 0.04%
B 0.28%
Below B 0.22%
    CCC 0.13%
    CC 0.00%
    C 0.09%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 5.61%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
4.01%
Less than 1 Year
4.01%
Intermediate
70.92%
1 to 3 Years
10.22%
3 to 5 Years
19.53%
5 to 10 Years
41.18%
Long Term
25.00%
10 to 20 Years
9.12%
20 to 30 Years
12.53%
Over 30 Years
3.36%
Other
0.06%
As of December 31, 2025
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