Asset Allocation

As of December 31, 2025.
Type % Net
Cash 9.83%
Stock 1.04%
Bond 91.41%
Convertible 0.00%
Preferred 0.01%
Other -2.29%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 76.99%
Securitized 0.00%
Municipal 0.00%
Other 23.01%
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Region Exposure

% Developed Markets: 70.49%    % Emerging Markets: 0.16%    % Unidentified Markets: 29.35%

Americas 62.22%
62.22%
Canada 0.36%
United States 61.86%
0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.44%
United Kingdom 1.37%
7.07%
Finland 0.39%
France 0.44%
Germany 1.99%
Ireland 0.19%
Italy 1.12%
Netherlands 0.84%
Spain 0.80%
Sweden 0.23%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 29.35%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 1.03%
BB 12.18%
B 33.33%
Below B 2.12%
    CCC 2.12%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.22%
Not Available 51.11%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.67%
Less than 1 Year
0.67%
Intermediate
99.27%
1 to 3 Years
20.41%
3 to 5 Years
28.21%
5 to 10 Years
50.66%
Long Term
0.00%
10 to 20 Years
0.00%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.06%
As of December 31, 2025
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