Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.66%
Stock 0.00%
Bond 98.52%
Convertible 0.00%
Preferred 0.00%
Other 0.82%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 49.18%
Corporate 26.00%
Securitized 23.85%
Municipal 0.47%
Other 0.51%
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Region Exposure

% Developed Markets: 99.03%    % Emerging Markets: 1.11%    % Unidentified Markets: -0.14%

Americas 96.78%
96.13%
Canada 1.03%
United States 95.10%
0.65%
Brazil 0.03%
Chile 0.09%
Mexico 0.31%
Peru 0.07%
Venezuela 0.02%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.09%
United Kingdom 0.79%
1.12%
Austria 0.02%
France 0.06%
Germany 0.12%
Ireland 0.17%
Italy 0.02%
Netherlands 0.17%
Norway 0.04%
Spain 0.18%
Sweden 0.03%
Switzerland 0.04%
0.08%
Poland 0.08%
0.09%
Israel 0.09%
Greater Asia 1.27%
Japan 0.54%
0.14%
Australia 0.14%
0.21%
Hong Kong 0.04%
Singapore 0.08%
South Korea 0.10%
0.38%
China 0.01%
Indonesia 0.12%
Philippines 0.24%
Unidentified Region -0.14%

Bond Credit Quality Exposure

AAA 2.61%
AA 52.88%
A 11.86%
BBB 12.72%
BB 0.16%
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 19.77%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
3.25%
Less than 1 Year
3.25%
Intermediate
54.26%
1 to 3 Years
20.90%
3 to 5 Years
14.51%
5 to 10 Years
18.85%
Long Term
42.40%
10 to 20 Years
12.05%
20 to 30 Years
27.84%
Over 30 Years
2.51%
Other
0.10%
As of December 31, 2025
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