Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.01%
Stock 0.00%
Bond 98.40%
Convertible 0.00%
Preferred 0.00%
Other 0.59%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 100.0%
Corporate 0.00%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 80.83%    % Emerging Markets: 18.58%    % Unidentified Markets: 0.59%

Americas 47.48%
39.38%
Canada 3.34%
United States 36.04%
8.10%
Chile 2.65%
Colombia 4.34%
Mexico 1.12%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 37.24%
United Kingdom 3.88%
29.51%
Austria 0.84%
Belgium 2.08%
Finland 4.76%
France 7.13%
Germany 3.16%
Ireland 0.26%
Italy 7.91%
Netherlands 0.02%
Norway 0.02%
Spain 3.33%
3.06%
Poland 1.71%
0.79%
Israel 0.26%
South Africa 0.53%
Greater Asia 14.69%
Japan 4.86%
2.94%
Australia 1.47%
0.00%
6.88%
China 6.39%
Malaysia 0.49%
Unidentified Region 0.59%

Bond Credit Quality Exposure

AAA 6.22%
AA 46.50%
A 15.69%
BBB 3.31%
BB 4.36%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.68%
Not Available 23.25%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
4.02%
Less than 1 Year
4.02%
Intermediate
67.91%
1 to 3 Years
22.64%
3 to 5 Years
15.05%
5 to 10 Years
30.22%
Long Term
28.06%
10 to 20 Years
17.07%
20 to 30 Years
11.00%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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