Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.68%
Stock 1.35%
Bond 92.09%
Convertible 0.00%
Preferred 1.51%
Other 2.37%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 86.87%
Securitized 0.00%
Municipal 0.00%
Other 13.13%
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Region Exposure

% Developed Markets: 90.04%    % Emerging Markets: 0.29%    % Unidentified Markets: 9.67%

Americas 79.97%
79.68%
Canada 29.89%
United States 49.79%
0.29%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.85%
United Kingdom 3.76%
4.09%
Denmark 0.84%
Ireland 0.37%
Netherlands 1.96%
Switzerland 0.92%
0.00%
0.00%
Greater Asia 2.51%
Japan 0.00%
0.30%
Australia 0.30%
2.21%
Hong Kong 1.18%
Singapore 0.20%
0.00%
Unidentified Region 9.67%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 18.41%
BB 50.03%
B 17.38%
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 14.17%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.01%
Less than 1 Year
1.01%
Intermediate
65.00%
1 to 3 Years
4.58%
3 to 5 Years
21.06%
5 to 10 Years
39.37%
Long Term
24.98%
10 to 20 Years
2.47%
20 to 30 Years
9.31%
Over 30 Years
13.21%
Other
9.01%
As of December 31, 2025
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