Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.33%
Stock 0.00%
Bond 98.74%
Convertible 0.00%
Preferred 0.00%
Other 0.92%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 6.77%
Corporate 56.25%
Securitized 35.03%
Municipal 0.00%
Other 1.95%
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Region Exposure

% Developed Markets: 84.83%    % Emerging Markets: 1.58%    % Unidentified Markets: 13.59%

Americas 76.93%
74.93%
Canada 1.50%
United States 73.42%
2.00%
Brazil 0.00%
Colombia 0.25%
Peru 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.08%
United Kingdom 3.15%
3.99%
France 1.22%
Germany 0.44%
Ireland 0.71%
Netherlands 1.05%
0.93%
Poland 0.28%
0.00%
Greater Asia 1.40%
Japan 0.14%
0.26%
Australia 0.26%
1.01%
Singapore 0.31%
0.00%
Unidentified Region 13.59%

Bond Credit Quality Exposure

AAA 15.98%
AA 8.02%
A 11.62%
BBB 35.09%
BB 16.45%
B 6.55%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.71%
Not Available 4.59%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
5.15%
Less than 1 Year
5.15%
Intermediate
72.40%
1 to 3 Years
33.20%
3 to 5 Years
29.69%
5 to 10 Years
9.51%
Long Term
21.39%
10 to 20 Years
7.85%
20 to 30 Years
8.60%
Over 30 Years
4.95%
Other
1.06%
As of December 31, 2025
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