Asset Allocation

As of December 31, 2025.
Type % Net
Cash 11.21%
Stock 0.00%
Bond 88.55%
Convertible 0.00%
Preferred 0.00%
Other 0.24%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 11.30%
Corporate 29.33%
Securitized 59.17%
Municipal 0.00%
Other 0.20%
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Region Exposure

% Developed Markets: 78.72%    % Emerging Markets: 0.00%    % Unidentified Markets: 21.28%

Americas 77.44%
74.53%
Canada 0.96%
United States 73.57%
2.91%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.19%
United Kingdom 0.21%
0.98%
Ireland 0.00%
Netherlands 0.01%
0.00%
0.00%
Greater Asia 0.09%
Japan 0.09%
0.00%
0.00%
0.00%
Unidentified Region 21.28%

Bond Credit Quality Exposure

AAA 24.22%
AA 18.32%
A 12.00%
BBB 21.20%
BB 4.33%
B 1.82%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.89%
Not Available 17.21%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.41%
Less than 1 Year
2.41%
Intermediate
48.75%
1 to 3 Years
17.49%
3 to 5 Years
13.30%
5 to 10 Years
17.97%
Long Term
48.84%
10 to 20 Years
19.09%
20 to 30 Years
25.35%
Over 30 Years
4.40%
Other
0.00%
As of December 31, 2025
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