Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.88%
Stock 1.53%
Bond 94.76%
Convertible 0.00%
Preferred 0.08%
Other 2.75%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.72%
Corporate 78.59%
Securitized 2.72%
Municipal 0.00%
Other 17.97%
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Region Exposure

% Developed Markets: 76.33%    % Emerging Markets: 0.12%    % Unidentified Markets: 23.55%

Americas 73.46%
72.76%
Canada 0.78%
United States 71.98%
0.70%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.99%
United Kingdom 0.65%
2.07%
France 0.45%
Germany 0.51%
Ireland 0.22%
Netherlands 0.58%
Sweden 0.07%
0.00%
0.28%
Israel 0.28%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 23.55%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.27%
A 0.13%
BBB 3.24%
BB 14.22%
B 38.03%
Below B 2.13%
    CCC 2.12%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 1.42%
Not Available 40.55%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.75%
Less than 1 Year
0.75%
Intermediate
98.21%
1 to 3 Years
19.38%
3 to 5 Years
29.72%
5 to 10 Years
49.11%
Long Term
0.69%
10 to 20 Years
0.69%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.34%
As of December 31, 2025
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