Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.48%
Stock 0.00%
Bond 89.10%
Convertible 0.00%
Preferred 0.00%
Other 5.42%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 4.07%
Corporate 27.95%
Securitized 67.75%
Municipal 0.00%
Other 0.24%
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Region Exposure

% Developed Markets: 73.90%    % Emerging Markets: 0.00%    % Unidentified Markets: 26.10%

Americas 71.16%
71.16%
Canada 5.47%
United States 65.69%
0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.60%
United Kingdom 0.56%
1.05%
France 0.65%
Ireland 0.20%
Netherlands 0.20%
0.00%
0.00%
Greater Asia 1.14%
Japan 0.00%
1.14%
Australia 0.72%
0.00%
0.00%
Unidentified Region 26.10%

Bond Credit Quality Exposure

AAA 13.70%
AA 18.76%
A 23.91%
BBB 21.32%
BB 1.45%
B 0.00%
Below B 0.01%
    CCC 0.01%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.01%
Not Available 20.85%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
9.03%
Less than 1 Year
9.03%
Intermediate
61.57%
1 to 3 Years
22.29%
3 to 5 Years
21.63%
5 to 10 Years
17.66%
Long Term
29.40%
10 to 20 Years
6.12%
20 to 30 Years
19.60%
Over 30 Years
3.68%
Other
0.00%
As of December 31, 2025
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