Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.45%
Stock 0.00%
Bond 97.74%
Convertible 0.00%
Preferred 0.00%
Other 1.81%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 6.01%
Corporate 47.07%
Securitized 45.11%
Municipal 0.98%
Other 0.83%
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Region Exposure

% Developed Markets: 87.89%    % Emerging Markets: 0.40%    % Unidentified Markets: 11.71%

Americas 84.44%
82.69%
Canada 1.50%
United States 81.18%
1.75%
Chile 0.23%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.85%
United Kingdom 1.09%
2.57%
Austria 0.23%
France 0.66%
Germany 0.01%
Ireland 0.49%
Netherlands 0.49%
Norway 0.49%
Spain 0.19%
0.17%
0.02%
United Arab Emirates 0.02%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 11.71%

Bond Credit Quality Exposure

AAA 5.80%
AA 13.75%
A 12.87%
BBB 27.91%
BB 7.26%
B 4.14%
Below B 0.03%
    CCC 0.03%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.23%
Not Available 28.02%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.66%
Less than 1 Year
2.66%
Intermediate
60.23%
1 to 3 Years
16.89%
3 to 5 Years
23.91%
5 to 10 Years
19.43%
Long Term
36.40%
10 to 20 Years
8.35%
20 to 30 Years
23.65%
Over 30 Years
4.40%
Other
0.72%
As of December 31, 2025
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