Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.14%
Stock 4.33%
Bond 108.5%
Convertible 0.00%
Preferred 0.00%
Other -13.94%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.44%
Corporate 3.72%
Securitized 39.94%
Municipal 0.00%
Other 55.90%
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Region Exposure

% Developed Markets: 43.24%    % Emerging Markets: 1.60%    % Unidentified Markets: 55.16%

Americas 43.24%
30.05%
United States 30.05%
13.19%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.60%
United Kingdom 1.60%
0.00%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 55.16%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.31%
A 0.00%
BBB 1.51%
BB 26.49%
B 3.93%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.23%
Not Available 64.53%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
4.44%
Less than 1 Year
4.44%
Intermediate
63.40%
1 to 3 Years
17.82%
3 to 5 Years
17.67%
5 to 10 Years
27.91%
Long Term
28.21%
10 to 20 Years
28.21%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
3.95%
As of December 31, 2025
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