Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.21%
Stock 0.31%
Bond 95.02%
Convertible 0.00%
Preferred 0.00%
Other 1.45%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 68.81%
Corporate 27.44%
Securitized 0.18%
Municipal 2.53%
Other 1.04%
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Region Exposure

% Developed Markets: 90.01%    % Emerging Markets: 8.32%    % Unidentified Markets: 1.66%

Americas 58.47%
54.52%
Canada 18.66%
United States 35.86%
3.95%
Brazil 0.08%
Chile 0.31%
Mexico 0.97%
Peru 0.15%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 30.92%
United Kingdom 7.02%
20.15%
Belgium 0.37%
Denmark 0.03%
France 3.05%
Germany 5.98%
Ireland 1.83%
Netherlands 0.85%
Spain 7.62%
Switzerland 0.22%
0.00%
3.74%
Egypt 0.42%
Nigeria 0.74%
Qatar 0.60%
Saudi Arabia 0.23%
South Africa 0.46%
Greater Asia 8.94%
Japan 4.61%
3.18%
Australia 3.18%
0.07%
Hong Kong 0.04%
Singapore 0.00%
1.08%
China 0.00%
Indonesia 0.77%
Philippines 0.05%
Unidentified Region 1.66%

Bond Credit Quality Exposure

AAA 19.44%
AA 30.93%
A 12.21%
BBB 17.58%
BB 5.36%
B 2.44%
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 12.04%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
11.91%
Less than 1 Year
11.91%
Intermediate
68.20%
1 to 3 Years
9.01%
3 to 5 Years
25.55%
5 to 10 Years
33.64%
Long Term
19.39%
10 to 20 Years
4.70%
20 to 30 Years
11.52%
Over 30 Years
3.17%
Other
0.49%
As of December 31, 2025
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