Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.18%
Stock 0.07%
Bond 97.15%
Convertible 0.00%
Preferred 0.00%
Other 1.60%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.03%
Corporate 44.42%
Securitized 1.74%
Municipal 0.00%
Other 53.82%
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Region Exposure

% Developed Markets: 45.31%    % Emerging Markets: 0.26%    % Unidentified Markets: 54.42%

Americas 44.63%
43.72%
Canada 0.12%
United States 43.60%
0.90%
Brazil 0.26%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.95%
United Kingdom 0.33%
0.62%
Austria 0.00%
France 0.00%
Germany 0.00%
Greece 0.00%
Ireland 0.18%
Netherlands 0.44%
Switzerland 0.00%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
Australia 0.00%
0.00%
Singapore 0.00%
0.00%
Unidentified Region 54.42%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.01%
A 0.00%
BBB 0.54%
BB 4.84%
B 18.05%
Below B 2.02%
    CCC 2.02%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.81%
Not Available 73.74%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.25%
Less than 1 Year
0.25%
Intermediate
98.45%
1 to 3 Years
19.93%
3 to 5 Years
25.44%
5 to 10 Years
53.08%
Long Term
1.29%
10 to 20 Years
1.29%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.01%
As of December 31, 2025
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