Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.39%
Stock 0.01%
Bond 99.32%
Convertible 0.00%
Preferred 0.04%
Other 0.24%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 14.96%
Corporate 35.74%
Securitized 47.58%
Municipal 0.04%
Other 1.68%
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Region Exposure

% Developed Markets: 95.62%    % Emerging Markets: 0.50%    % Unidentified Markets: 3.88%

Americas 90.92%
90.35%
Canada 1.02%
United States 89.32%
0.57%
Mexico 0.22%
Peru 0.02%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.85%
United Kingdom 1.21%
3.44%
Denmark 0.13%
France 1.02%
Ireland 0.46%
Italy 0.06%
Netherlands 0.25%
Norway 0.48%
Spain 0.25%
Switzerland 0.34%
0.00%
0.20%
Israel 0.20%
Greater Asia 0.35%
Japan 0.25%
0.10%
Australia 0.10%
0.00%
0.00%
Unidentified Region 3.88%

Bond Credit Quality Exposure

AAA 4.90%
AA 20.14%
A 7.13%
BBB 22.40%
BB 7.51%
B 3.48%
Below B 0.16%
    CCC 0.16%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 34.29%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.01%
Less than 1 Year
0.01%
Intermediate
36.17%
1 to 3 Years
0.70%
3 to 5 Years
10.00%
5 to 10 Years
25.47%
Long Term
62.20%
10 to 20 Years
8.80%
20 to 30 Years
47.26%
Over 30 Years
6.15%
Other
1.62%
As of December 31, 2025
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