Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.29%
Stock 0.33%
Bond 95.90%
Convertible 0.00%
Preferred 0.00%
Other 0.49%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 73.61%
Corporate 24.84%
Securitized 0.05%
Municipal 0.26%
Other 1.24%
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Region Exposure

% Developed Markets: 91.97%    % Emerging Markets: 7.37%    % Unidentified Markets: 0.67%

Americas 64.54%
60.57%
Canada 20.25%
United States 40.32%
3.97%
Argentina 0.08%
Brazil 0.33%
Chile 0.53%
Colombia 0.30%
Mexico 0.57%
Peru 0.31%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 32.65%
United Kingdom 7.61%
21.83%
Belgium 0.23%
Denmark 0.02%
France 2.31%
Germany 6.97%
Ireland 1.96%
Netherlands 0.80%
Spain 9.26%
Switzerland 0.20%
0.43%
Poland 0.08%
Turkey 0.12%
2.78%
Egypt 0.30%
Nigeria 0.46%
Qatar 0.21%
Saudi Arabia 0.31%
South Africa 0.33%
United Arab Emirates 0.33%
Greater Asia 2.15%
Japan 0.07%
1.13%
Australia 1.13%
0.10%
Hong Kong 0.06%
Singapore 0.00%
0.84%
China 0.04%
India 0.02%
Indonesia 0.50%
Kazakhstan 0.03%
Malaysia 0.05%
Pakistan 0.01%
Philippines 0.12%
Unidentified Region 0.67%

Bond Credit Quality Exposure

AAA 22.92%
AA 33.32%
A 9.94%
BBB 16.78%
BB 5.19%
B 1.89%
Below B 0.19%
    CCC 0.19%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.00%
Not Available 9.79%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.03%
Less than 1 Year
2.03%
Intermediate
78.26%
1 to 3 Years
18.56%
3 to 5 Years
25.48%
5 to 10 Years
34.22%
Long Term
18.82%
10 to 20 Years
4.07%
20 to 30 Years
11.37%
Over 30 Years
3.38%
Other
0.90%
As of December 31, 2025
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