Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.33%
Stock 0.00%
Bond 98.65%
Convertible 0.00%
Preferred 0.00%
Other 0.02%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 24.25%
Corporate 64.53%
Securitized 0.00%
Municipal 11.22%
Other 0.00%
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Region Exposure

% Developed Markets: 97.91%    % Emerging Markets: 2.07%    % Unidentified Markets: 0.02%

Americas 49.23%
49.23%
Canada 13.82%
United States 35.42%
0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 34.82%
United Kingdom 5.80%
29.01%
Austria 0.42%
Belgium 4.74%
Finland 1.80%
France 8.05%
Germany 2.19%
Italy 0.55%
Netherlands 6.04%
Norway 0.29%
Spain 0.55%
Sweden 1.19%
Switzerland 0.30%
0.00%
0.00%
Greater Asia 15.93%
Japan 6.83%
7.03%
Australia 6.36%
0.00%
2.07%
China 0.22%
Philippines 1.85%
Unidentified Region 0.02%

Bond Credit Quality Exposure

AAA 20.40%
AA 27.73%
A 36.02%
BBB 14.36%
BB 0.35%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 1.14%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
5.80%
Less than 1 Year
5.80%
Intermediate
49.95%
1 to 3 Years
15.33%
3 to 5 Years
10.48%
5 to 10 Years
24.14%
Long Term
44.25%
10 to 20 Years
44.25%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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