Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.64%
Stock 0.14%
Bond 97.46%
Convertible 0.00%
Preferred 0.32%
Other 0.44%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 29.18%
Corporate 49.89%
Securitized 4.65%
Municipal 9.97%
Other 6.32%
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Region Exposure

% Developed Markets: 93.52%    % Emerging Markets: 0.64%    % Unidentified Markets: 5.84%

Americas 84.96%
84.39%
Canada 54.14%
United States 30.25%
0.57%
Brazil 0.06%
Mexico 0.45%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.32%
United Kingdom 1.59%
5.68%
Belgium 0.17%
Denmark 0.03%
Finland 0.08%
France 0.65%
Germany 0.81%
Ireland 0.97%
Italy 0.82%
Netherlands 0.57%
Norway 0.03%
Portugal 0.11%
Spain 1.09%
Sweden 0.06%
Switzerland 0.04%
0.04%
0.00%
Greater Asia 1.89%
Japan 1.19%
0.49%
Australia 0.42%
0.20%
Singapore 0.20%
0.00%
Unidentified Region 5.84%

Bond Credit Quality Exposure

AAA 16.38%
AA 17.50%
A 19.50%
BBB 23.63%
BB 4.42%
B 1.95%
Below B 0.58%
    CCC 0.44%
    CC 0.00%
    C 0.14%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 15.99%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
8.03%
Less than 1 Year
8.03%
Intermediate
61.12%
1 to 3 Years
16.05%
3 to 5 Years
18.34%
5 to 10 Years
26.73%
Long Term
30.18%
10 to 20 Years
11.23%
20 to 30 Years
13.02%
Over 30 Years
5.93%
Other
0.68%
As of December 31, 2025
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