Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.97%
Stock 1.00%
Bond 99.03%
Convertible 0.00%
Preferred 0.00%
Other -4.00%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 3.59%
Corporate 27.87%
Securitized 29.46%
Municipal 0.08%
Other 39.00%
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Region Exposure

% Developed Markets: 48.39%    % Emerging Markets: 0.40%    % Unidentified Markets: 51.20%

Americas 46.97%
46.47%
Canada 0.35%
United States 46.12%
0.50%
Brazil 0.06%
Mexico 0.27%
Peru 0.07%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.47%
United Kingdom 0.50%
0.88%
Austria 0.07%
France 0.13%
Netherlands 0.27%
0.00%
0.09%
Greater Asia 0.36%
Japan 0.20%
0.15%
Australia 0.15%
0.00%
0.00%
Unidentified Region 51.20%

Bond Credit Quality Exposure

AAA 4.24%
AA 6.80%
A 7.40%
BBB 7.41%
BB 7.16%
B 6.39%
Below B 1.42%
    CCC 1.26%
    CC 0.02%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.14%
Not Rated 1.08%
Not Available 58.10%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.63%
Less than 1 Year
0.63%
Intermediate
59.67%
1 to 3 Years
5.76%
3 to 5 Years
16.00%
5 to 10 Years
37.91%
Long Term
37.86%
10 to 20 Years
11.16%
20 to 30 Years
20.74%
Over 30 Years
5.96%
Other
1.85%
As of December 31, 2025
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