Asset Allocation

As of December 31, 2025.
Type % Net
Cash 96.23%
Stock 0.00%
Bond 3.77%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 20.88%
Corporate 70.24%
Securitized 2.77%
Municipal 6.11%
Other 0.00%
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Region Exposure

% Developed Markets: 56.14%    % Emerging Markets: 0.00%    % Unidentified Markets: 43.86%

Americas 49.92%
47.72%
Canada 3.16%
United States 44.56%
2.20%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.06%
United Kingdom 1.25%
1.10%
France 0.27%
Ireland 0.14%
Sweden 0.69%
0.00%
0.71%
United Arab Emirates 0.71%
Greater Asia 3.16%
Japan 0.00%
2.71%
Australia 2.49%
0.45%
Singapore 0.45%
0.00%
Unidentified Region 43.86%

Bond Credit Quality Exposure

AAA 0.00%
AA 29.12%
A 17.13%
BBB 0.00%
BB 0.00%
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 53.75%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
54.60%
Less than 1 Year
54.60%
Intermediate
19.44%
1 to 3 Years
19.00%
3 to 5 Years
0.45%
5 to 10 Years
0.00%
Long Term
15.17%
10 to 20 Years
0.10%
20 to 30 Years
15.07%
Over 30 Years
0.00%
Other
10.79%
As of December 31, 2025
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