Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.68%
Stock 0.18%
Bond 97.89%
Convertible 0.00%
Preferred 0.00%
Other 0.24%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 4.25%
Corporate 90.25%
Securitized 0.00%
Municipal 0.59%
Other 4.92%
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Region Exposure

% Developed Markets: 97.78%    % Emerging Markets: 1.65%    % Unidentified Markets: 0.57%

Americas 86.97%
85.53%
Canada 2.13%
United States 83.41%
1.43%
Brazil 0.33%
Chile 0.19%
Colombia 0.11%
Mexico 0.60%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.16%
United Kingdom 4.71%
6.17%
Denmark 0.20%
Finland 0.11%
France 0.31%
Germany 0.14%
Ireland 3.33%
Netherlands 0.45%
Spain 0.31%
0.00%
0.28%
Saudi Arabia 0.28%
Greater Asia 1.30%
Japan 0.69%
0.40%
Australia 0.40%
0.21%
Hong Kong 0.21%
0.00%
Unidentified Region 0.57%

Bond Credit Quality Exposure

AAA 0.00%
AA 6.28%
A 23.54%
BBB 46.87%
BB 11.16%
B 8.91%
Below B 1.94%
    CCC 1.65%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.29%
Not Rated 0.00%
Not Available 1.30%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.91%
Less than 1 Year
0.91%
Intermediate
71.01%
1 to 3 Years
13.88%
3 to 5 Years
20.58%
5 to 10 Years
36.55%
Long Term
27.88%
10 to 20 Years
14.02%
20 to 30 Years
11.72%
Over 30 Years
2.15%
Other
0.20%
As of December 31, 2025
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