Asset Allocation

As of December 31, 2025.
Type % Net
Cash 6.38%
Stock 0.04%
Bond 92.51%
Convertible 0.00%
Preferred 0.00%
Other 1.07%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 3.39%
Corporate 89.93%
Securitized 0.00%
Municipal 0.00%
Other 6.68%
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Region Exposure

% Developed Markets: 93.81%    % Emerging Markets: 0.01%    % Unidentified Markets: 6.18%

Americas 90.99%
89.44%
Canada 48.00%
United States 41.44%
1.55%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.29%
United Kingdom 0.52%
1.77%
Denmark 0.52%
France 0.03%
Germany 0.01%
Ireland 0.01%
Italy 0.00%
Netherlands 1.16%
Spain 0.00%
Switzerland 0.00%
0.00%
0.01%
Israel 0.01%
Greater Asia 0.54%
Japan 0.03%
0.01%
Australia 0.01%
0.49%
Hong Kong 0.01%
Singapore 0.01%
0.00%
Unidentified Region 6.18%

Bond Credit Quality Exposure

AAA 2.99%
AA 0.81%
A 0.38%
BBB 18.19%
BB 43.40%
B 17.06%
Below B 1.53%
    CCC 1.52%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 15.65%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
13.90%
Less than 1 Year
13.90%
Intermediate
78.08%
1 to 3 Years
25.78%
3 to 5 Years
31.18%
5 to 10 Years
21.12%
Long Term
6.58%
10 to 20 Years
-1.73%
20 to 30 Years
5.13%
Over 30 Years
3.18%
Other
1.45%
As of December 31, 2025
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