Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.38%
Stock 0.00%
Bond 95.95%
Convertible 0.00%
Preferred 0.00%
Other 0.67%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 44.12%
Corporate 36.44%
Securitized 18.66%
Municipal 0.00%
Other 0.78%
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Region Exposure

% Developed Markets: 96.16%    % Emerging Markets: 0.22%    % Unidentified Markets: 3.62%

Americas 84.32%
84.10%
Canada 0.57%
United States 83.53%
0.22%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.41%
United Kingdom 2.68%
8.73%
Belgium 0.42%
Denmark 0.47%
France 0.08%
Germany 1.72%
Ireland 2.14%
Italy 0.65%
Netherlands 2.07%
Norway 0.25%
0.00%
0.00%
Greater Asia 0.65%
Japan 0.62%
0.03%
Australia 0.03%
0.00%
0.00%
Unidentified Region 3.62%

Bond Credit Quality Exposure

AAA 1.19%
AA 41.54%
A 14.83%
BBB 20.09%
BB 1.54%
B 0.20%
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 20.61%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
3.78%
Less than 1 Year
3.78%
Intermediate
65.38%
1 to 3 Years
7.84%
3 to 5 Years
10.31%
5 to 10 Years
47.23%
Long Term
30.33%
10 to 20 Years
3.53%
20 to 30 Years
26.80%
Over 30 Years
0.00%
Other
0.50%
As of December 31, 2025
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