Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.35%
Stock 0.00%
Bond 94.54%
Convertible 0.00%
Preferred 0.00%
Other 0.10%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 2.58%
Corporate 21.74%
Securitized 75.16%
Municipal 0.00%
Other 0.52%
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Region Exposure

% Developed Markets: 81.28%    % Emerging Markets: 0.00%    % Unidentified Markets: 18.72%

Americas 80.55%
78.47%
Canada 1.10%
United States 77.37%
2.08%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.74%
United Kingdom 0.48%
0.25%
Netherlands 0.25%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 18.72%

Bond Credit Quality Exposure

AAA 15.76%
AA 18.12%
A 12.59%
BBB 9.99%
BB 0.27%
B 0.00%
Below B 0.01%
    CCC 0.00%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.46%
Not Available 42.80%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.51%
Less than 1 Year
1.51%
Intermediate
29.79%
1 to 3 Years
5.91%
3 to 5 Years
7.41%
5 to 10 Years
16.48%
Long Term
68.11%
10 to 20 Years
9.61%
20 to 30 Years
43.68%
Over 30 Years
14.82%
Other
0.59%
As of December 31, 2025
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