Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.64%
Stock 0.00%
Bond 97.78%
Convertible 0.00%
Preferred 0.00%
Other 0.58%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 1.02%
Corporate 34.19%
Securitized 64.50%
Municipal 0.00%
Other 0.28%
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Region Exposure

% Developed Markets: 63.08%    % Emerging Markets: 0.00%    % Unidentified Markets: 36.92%

Americas 60.01%
56.95%
Canada 1.45%
United States 55.50%
3.05%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.54%
United Kingdom 1.15%
1.38%
France 0.08%
Germany 0.10%
Ireland 0.10%
Netherlands 1.08%
Spain 0.02%
0.00%
0.00%
Greater Asia 0.54%
Japan 0.02%
0.51%
Australia 0.51%
0.00%
0.00%
Unidentified Region 36.92%

Bond Credit Quality Exposure

AAA 45.49%
AA 4.32%
A 12.32%
BBB 15.93%
BB 4.72%
B 2.29%
Below B 0.16%
    CCC 0.16%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.27%
Not Available 14.51%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.23%
Less than 1 Year
1.23%
Intermediate
48.06%
1 to 3 Years
4.78%
3 to 5 Years
28.10%
5 to 10 Years
15.19%
Long Term
50.71%
10 to 20 Years
20.24%
20 to 30 Years
9.88%
Over 30 Years
20.58%
Other
0.00%
As of December 31, 2025
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