Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.08%
Stock 0.00%
Bond 84.44%
Convertible 7.03%
Preferred 7.83%
Other 0.62%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.78%
Corporate 7.78%
Securitized 0.00%
Municipal 0.00%
Other 91.44%
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Region Exposure

% Developed Markets: 92.87%    % Emerging Markets: 6.50%    % Unidentified Markets: 0.63%

Americas 65.86%
62.50%
Canada 1.28%
United States 61.22%
3.36%
Mexico 0.78%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.29%
United Kingdom 0.01%
8.61%
France 2.66%
Italy 4.01%
Netherlands 1.94%
0.00%
2.67%
Israel 2.67%
Greater Asia 22.23%
Japan 3.60%
1.07%
Australia 0.26%
11.83%
Hong Kong 4.98%
Singapore 3.05%
South Korea 2.53%
Taiwan 0.40%
5.73%
China 3.92%
India 1.81%
Unidentified Region 0.63%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.78%
A 9.00%
BBB 13.81%
BB 3.92%
B 0.00%
Below B 1.52%
    CCC 1.52%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.80%
Not Available 67.16%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
5.70%
Less than 1 Year
5.70%
Intermediate
93.61%
1 to 3 Years
21.55%
3 to 5 Years
60.15%
5 to 10 Years
11.91%
Long Term
0.69%
10 to 20 Years
0.69%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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