Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.20%
Stock 0.00%
Bond 86.17%
Convertible 0.00%
Preferred 0.02%
Other 12.61%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 21.24%
Corporate 61.91%
Securitized 16.62%
Municipal 0.00%
Other 0.23%
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Region Exposure

% Developed Markets: 81.77%    % Emerging Markets: 1.08%    % Unidentified Markets: 17.14%

Americas 68.83%
67.63%
Canada 1.70%
United States 65.93%
1.20%
Mexico 0.20%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.63%
United Kingdom 5.30%
6.33%
Denmark 0.27%
France 1.35%
Ireland 1.57%
Italy 0.18%
Netherlands 1.76%
Norway 0.51%
Spain 0.33%
Switzerland 0.36%
0.00%
0.00%
Greater Asia 2.40%
Japan 2.09%
0.31%
Australia 0.31%
0.00%
0.00%
Unidentified Region 17.14%

Bond Credit Quality Exposure

AAA 12.59%
AA 22.74%
A 25.84%
BBB 37.37%
BB 0.01%
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 1.45%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
7.69%
Less than 1 Year
7.69%
Intermediate
82.18%
1 to 3 Years
43.31%
3 to 5 Years
31.28%
5 to 10 Years
7.59%
Long Term
9.83%
10 to 20 Years
5.90%
20 to 30 Years
2.53%
Over 30 Years
1.40%
Other
0.30%
As of December 31, 2025
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