Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.58%
Stock 0.40%
Bond 97.90%
Convertible 0.00%
Preferred 0.02%
Other 0.10%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 1.59%
Corporate 70.06%
Securitized 21.60%
Municipal 0.00%
Other 6.75%
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Region Exposure

% Developed Markets: 77.60%    % Emerging Markets: 1.22%    % Unidentified Markets: 21.18%

Americas 62.90%
60.63%
Canada 1.24%
United States 59.40%
2.27%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 15.74%
United Kingdom 4.98%
10.47%
France 0.69%
Germany 1.53%
Ireland 1.65%
Italy 1.96%
Netherlands 1.10%
Spain 0.35%
0.19%
Czech Republic 0.19%
0.10%
Israel 0.10%
Greater Asia 0.18%
Japan 0.00%
0.00%
0.18%
Hong Kong 0.18%
0.00%
Unidentified Region 21.18%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.58%
A 1.24%
BBB 7.98%
BB 26.63%
B 33.57%
Below B 4.03%
    CCC 4.03%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.74%
Not Available 22.23%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.50%
Less than 1 Year
1.50%
Intermediate
78.83%
1 to 3 Years
8.46%
3 to 5 Years
30.57%
5 to 10 Years
39.79%
Long Term
17.93%
10 to 20 Years
9.05%
20 to 30 Years
3.94%
Over 30 Years
4.94%
Other
1.74%
As of December 31, 2025
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