Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.09%
Stock 0.00%
Bond 97.88%
Convertible 0.00%
Preferred 0.00%
Other 0.03%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 20.47%
Corporate 41.60%
Securitized 0.25%
Municipal 28.77%
Other 8.91%
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Region Exposure

% Developed Markets: 96.48%    % Emerging Markets: 0.95%    % Unidentified Markets: 2.58%

Americas 95.92%
95.92%
Canada 94.37%
United States 1.55%
0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.51%
United Kingdom 0.99%
0.51%
France 0.51%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 2.58%

Bond Credit Quality Exposure

AAA 19.33%
AA 22.77%
A 23.16%
BBB 20.37%
BB 2.98%
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 0.00%
Not Available 11.39%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
3.52%
Less than 1 Year
3.52%
Intermediate
66.05%
1 to 3 Years
13.95%
3 to 5 Years
12.80%
5 to 10 Years
39.30%
Long Term
30.43%
10 to 20 Years
11.00%
20 to 30 Years
16.51%
Over 30 Years
2.91%
Other
0.00%
As of December 31, 2025
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