Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.32%
Stock 0.93%
Bond 99.77%
Convertible 0.00%
Preferred 0.20%
Other -1.21%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.78%
Corporate 39.52%
Securitized 22.48%
Municipal 0.00%
Other 37.22%
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Region Exposure

% Developed Markets: 64.49%    % Emerging Markets: 1.35%    % Unidentified Markets: 34.16%

Americas 63.10%
56.71%
Canada 4.65%
United States 52.05%
6.39%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.41%
United Kingdom 1.35%
1.06%
France 0.00%
Germany 0.14%
Ireland 0.53%
Italy 0.00%
Netherlands 0.21%
0.00%
0.00%
Greater Asia 0.33%
Japan 0.33%
0.00%
Australia 0.00%
0.00%
Singapore 0.00%
0.00%
Unidentified Region 34.16%

Bond Credit Quality Exposure

AAA 1.08%
AA 19.16%
A 0.23%
BBB 6.51%
BB 12.30%
B 13.52%
Below B 0.54%
    CCC 0.54%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.75%
Not Available 45.92%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.56%
Less than 1 Year
1.56%
Intermediate
70.29%
1 to 3 Years
12.53%
3 to 5 Years
23.29%
5 to 10 Years
34.47%
Long Term
22.86%
10 to 20 Years
17.14%
20 to 30 Years
0.34%
Over 30 Years
5.37%
Other
5.29%
As of December 31, 2025
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