Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.52%
Stock 0.25%
Bond 73.35%
Convertible 0.00%
Preferred 0.00%
Other 25.89%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 89.42%
Corporate 9.58%
Securitized 0.00%
Municipal 0.00%
Other 1.00%
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Region Exposure

% Developed Markets: 30.55%    % Emerging Markets: 42.82%    % Unidentified Markets: 26.63%

Americas 47.43%
27.51%
United States 27.51%
19.92%
Brazil 10.25%
Colombia 0.12%
Mexico 7.46%
Peru 2.09%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 20.15%
United Kingdom 3.05%
0.00%
7.32%
Czech Republic 1.96%
Poland 2.04%
Turkey 0.24%
9.78%
Egypt 4.01%
South Africa 5.77%
Greater Asia 5.80%
Japan 0.00%
0.00%
Australia 0.00%
0.00%
5.80%
China 1.89%
Indonesia 0.03%
Malaysia 2.95%
Philippines 0.92%
Unidentified Region 26.63%

Bond Credit Quality Exposure

AAA 6.73%
AA 8.89%
A 2.74%
BBB 14.38%
BB 24.74%
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 42.52%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
36.40%
Less than 1 Year
36.40%
Intermediate
39.21%
1 to 3 Years
1.14%
3 to 5 Years
1.20%
5 to 10 Years
36.87%
Long Term
24.39%
10 to 20 Years
12.59%
20 to 30 Years
11.80%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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