Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.43%
Stock 0.00%
Bond 98.38%
Convertible 0.00%
Preferred 0.00%
Other 0.19%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 47.04%
Corporate 26.62%
Securitized 0.00%
Municipal 22.01%
Other 4.33%
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Region Exposure

% Developed Markets: 98.35%    % Emerging Markets: 1.41%    % Unidentified Markets: 0.23%

Americas 66.95%
65.54%
Canada 56.12%
United States 9.42%
1.41%
Chile 1.41%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 32.81%
United Kingdom 0.95%
31.86%
Belgium 2.65%
Germany 14.51%
Netherlands 2.21%
Norway 2.53%
Spain 4.25%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 0.23%

Bond Credit Quality Exposure

AAA 49.30%
AA 28.03%
A 11.52%
BBB 3.30%
BB 1.27%
B 0.00%
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 6.56%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
82.23%
1 to 3 Years
18.98%
3 to 5 Years
27.07%
5 to 10 Years
36.18%
Long Term
17.77%
10 to 20 Years
11.23%
20 to 30 Years
5.27%
Over 30 Years
1.27%
Other
0.00%
As of December 31, 2025
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