Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.80%
Stock 0.00%
Bond 98.48%
Convertible 0.00%
Preferred 0.00%
Other 0.72%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 19.76%
Corporate 29.85%
Securitized 49.49%
Municipal 0.00%
Other 0.90%
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Region Exposure

% Developed Markets: 91.25%    % Emerging Markets: 0.86%    % Unidentified Markets: 7.88%

Americas 88.01%
87.22%
Canada 1.45%
United States 85.77%
0.80%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.10%
United Kingdom 2.84%
1.26%
Ireland 0.26%
Netherlands 0.80%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 7.88%

Bond Credit Quality Exposure

AAA 17.07%
AA 26.61%
A 6.34%
BBB 24.36%
BB 5.26%
B 0.00%
Below B 0.53%
    CCC 0.53%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.38%
Not Available 19.45%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
32.04%
1 to 3 Years
3.51%
3 to 5 Years
11.98%
5 to 10 Years
16.55%
Long Term
66.33%
10 to 20 Years
22.60%
20 to 30 Years
39.64%
Over 30 Years
4.08%
Other
1.63%
As of December 31, 2025
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