Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.22%
Stock 1.36%
Bond 97.58%
Convertible 0.00%
Preferred 0.00%
Other -0.16%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 9.73%
Corporate 89.68%
Securitized 0.00%
Municipal 0.05%
Other 0.54%
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Region Exposure

% Developed Markets: 94.27%    % Emerging Markets: 1.37%    % Unidentified Markets: 4.37%

Americas 91.12%
87.04%
Canada 1.83%
United States 85.20%
4.08%
Mexico 1.37%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.52%
United Kingdom 0.00%
4.52%
Ireland 2.19%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 4.37%

Bond Credit Quality Exposure

AAA 0.00%
AA 2.66%
A 9.98%
BBB 21.05%
BB 28.92%
B 15.90%
Below B 8.17%
    CCC 8.17%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.04%
Not Available 13.29%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
11.61%
Less than 1 Year
11.61%
Intermediate
75.20%
1 to 3 Years
4.04%
3 to 5 Years
10.07%
5 to 10 Years
61.09%
Long Term
13.19%
10 to 20 Years
8.26%
20 to 30 Years
2.64%
Over 30 Years
2.28%
Other
0.00%
As of December 31, 2025
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