Asset Allocation

As of December 31, 2025.
Type % Net
Cash -1.26%
Stock 0.02%
Bond 101.2%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 2.48%
Corporate 76.67%
Securitized 4.44%
Municipal 0.00%
Other 16.40%
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Region Exposure

% Developed Markets: 82.78%    % Emerging Markets: 1.01%    % Unidentified Markets: 16.21%

Americas 80.94%
79.22%
Canada 0.39%
United States 78.83%
1.72%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.83%
United Kingdom 0.76%
1.34%
France 0.17%
Germany 0.24%
Netherlands 0.77%
Sweden 0.15%
0.73%
Czech Republic 0.73%
0.00%
Greater Asia 0.02%
Japan 0.00%
0.00%
0.02%
Hong Kong 0.02%
0.00%
Unidentified Region 16.21%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.91%
A 0.00%
BBB 2.65%
BB 19.59%
B 36.14%
Below B 0.47%
    CCC 0.47%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.07%
Not Available 37.16%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.08%
Less than 1 Year
2.08%
Intermediate
94.00%
1 to 3 Years
3.84%
3 to 5 Years
16.86%
5 to 10 Years
73.31%
Long Term
3.92%
10 to 20 Years
3.83%
20 to 30 Years
0.09%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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