Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.67%
Stock 0.00%
Bond 85.92%
Convertible 0.00%
Preferred 0.00%
Other 8.41%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 55.02%
Corporate 27.26%
Securitized 16.97%
Municipal 0.00%
Other 0.75%
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Region Exposure

% Developed Markets: 89.74%    % Emerging Markets: 2.05%    % Unidentified Markets: 8.21%

Americas 82.68%
81.36%
Canada 0.43%
United States 80.92%
1.32%
Mexico 0.40%
Peru 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.39%
United Kingdom 3.55%
4.84%
Finland 0.22%
France 0.60%
Germany 0.25%
Ireland 0.72%
Italy 0.61%
Netherlands 1.48%
Norway 0.20%
Spain 0.21%
0.00%
0.00%
Greater Asia 0.73%
Japan 0.37%
0.00%
0.36%
Hong Kong 0.36%
0.00%
Unidentified Region 8.21%

Bond Credit Quality Exposure

AAA 7.33%
AA 53.85%
A 11.13%
BBB 13.73%
BB 0.60%
B 0.05%
Below B 0.07%
    CCC 0.06%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 13.24%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
4.74%
Less than 1 Year
4.74%
Intermediate
60.37%
1 to 3 Years
2.41%
3 to 5 Years
13.58%
5 to 10 Years
44.37%
Long Term
33.92%
10 to 20 Years
8.12%
20 to 30 Years
21.10%
Over 30 Years
4.70%
Other
0.97%
As of December 31, 2025
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