Asset Allocation

As of December 31, 2025.
Type % Net
Cash -24.18%
Stock 0.00%
Bond 118.3%
Convertible 0.00%
Preferred 0.00%
Other 5.87%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 4.82%
Corporate 28.70%
Securitized 66.48%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 116.7%    % Emerging Markets: 2.34%    % Unidentified Markets: -19.09%

Americas 106.0%
95.77%
Canada 5.80%
United States 89.98%
10.20%
Brazil 2.34%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.54%
United Kingdom 0.00%
10.54%
France 0.69%
Ireland 6.27%
Italy 0.88%
Netherlands 0.85%
0.00%
0.00%
Greater Asia 2.57%
Japan 2.57%
0.00%
0.00%
0.00%
Unidentified Region -19.09%

Bond Credit Quality Exposure

AAA 34.08%
AA 5.79%
A 11.65%
BBB 16.18%
BB 3.97%
B 0.00%
Below B 1.97%
    CCC 1.97%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.08%
Not Available 26.27%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
13.89%
Less than 1 Year
13.89%
Intermediate
38.74%
1 to 3 Years
13.48%
3 to 5 Years
4.93%
5 to 10 Years
20.33%
Long Term
47.37%
10 to 20 Years
10.57%
20 to 30 Years
28.20%
Over 30 Years
8.59%
Other
0.00%
As of December 31, 2025
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