Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.78%
Stock 0.00%
Bond 98.26%
Convertible 0.00%
Preferred 0.00%
Other 0.96%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 35.32%
Corporate 21.51%
Securitized 38.84%
Municipal 2.13%
Other 2.20%
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Region Exposure

% Developed Markets: 84.25%    % Emerging Markets: 1.03%    % Unidentified Markets: 14.71%

Americas 79.00%
77.09%
Canada 1.46%
United States 75.63%
1.91%
Mexico 0.07%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.45%
United Kingdom 1.14%
3.89%
Austria 0.16%
Finland 0.14%
France 0.60%
Germany 0.13%
Ireland 0.86%
Netherlands 0.96%
Switzerland 0.79%
0.00%
0.41%
Saudi Arabia 0.21%
Greater Asia 0.83%
Japan 0.51%
0.00%
0.22%
Singapore 0.13%
South Korea 0.09%
0.10%
Philippines 0.10%
Unidentified Region 14.71%

Bond Credit Quality Exposure

AAA 7.52%
AA 39.15%
A 14.09%
BBB 21.44%
BB 1.24%
B 0.09%
Below B 0.08%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.08%
Not Rated 1.54%
Not Available 14.85%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
4.12%
Less than 1 Year
4.12%
Intermediate
69.84%
1 to 3 Years
21.05%
3 to 5 Years
34.07%
5 to 10 Years
14.71%
Long Term
25.55%
10 to 20 Years
8.81%
20 to 30 Years
14.53%
Over 30 Years
2.21%
Other
0.49%
As of December 31, 2025
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