Asset Allocation

As of December 31, 2025.
Type % Net
Cash -5.63%
Stock 0.00%
Bond 95.14%
Convertible 0.00%
Preferred 0.00%
Other 10.49%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 42.77%
Corporate 27.34%
Securitized 28.92%
Municipal 0.55%
Other 0.42%
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Region Exposure

% Developed Markets: 86.84%    % Emerging Markets: 1.64%    % Unidentified Markets: 11.53%

Americas 81.42%
80.74%
Canada 0.81%
United States 79.93%
0.69%
Brazil 0.03%
Chile 0.11%
Mexico 0.30%
Peru 0.09%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.90%
United Kingdom 1.00%
3.74%
Austria 0.01%
Finland 0.00%
France 1.91%
Germany 0.69%
Ireland 0.16%
Italy 0.02%
Netherlands 0.19%
Norway 0.03%
Spain 0.16%
Switzerland 0.01%
0.08%
Poland 0.07%
0.08%
Israel 0.08%
Greater Asia 2.15%
Japan 0.80%
0.19%
Australia 0.19%
0.27%
Hong Kong 0.11%
South Korea 0.16%
0.89%
China 0.04%
Indonesia 0.11%
Philippines 0.73%
Unidentified Region 11.53%

Bond Credit Quality Exposure

AAA 3.04%
AA 47.93%
A 12.00%
BBB 13.99%
BB 0.18%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 22.87%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
8.00%
Less than 1 Year
8.00%
Intermediate
45.79%
1 to 3 Years
17.60%
3 to 5 Years
6.44%
5 to 10 Years
21.75%
Long Term
46.21%
10 to 20 Years
17.72%
20 to 30 Years
27.57%
Over 30 Years
0.93%
Other
0.00%
As of December 31, 2025
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