Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.05%
Stock 0.00%
Bond 98.07%
Convertible 0.00%
Preferred 0.00%
Other -0.12%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 51.22%
Corporate 25.53%
Securitized 22.08%
Municipal 0.73%
Other 0.44%
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Region Exposure

% Developed Markets: 101.3%    % Emerging Markets: 1.33%    % Unidentified Markets: -2.65%

Americas 99.40%
98.77%
Canada 0.71%
United States 98.05%
0.64%
Brazil 0.01%
Chile 0.07%
Mexico 0.31%
Peru 0.05%
Venezuela 0.04%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.95%
United Kingdom 0.68%
1.03%
France 0.08%
Germany 0.23%
Ireland 0.05%
Italy 0.02%
Netherlands 0.15%
Norway 0.05%
Spain 0.10%
Sweden 0.03%
Switzerland 0.06%
0.13%
Poland 0.10%
0.11%
Israel 0.07%
Greater Asia 1.29%
Japan 0.49%
0.14%
Australia 0.14%
0.13%
Singapore 0.06%
South Korea 0.07%
0.53%
China 0.05%
Indonesia 0.10%
Philippines 0.37%
Unidentified Region -2.65%

Bond Credit Quality Exposure

AAA 3.16%
AA 60.19%
A 10.48%
BBB 12.54%
BB 0.08%
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 0.02%
Not Available 13.54%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.22%
Less than 1 Year
2.22%
Intermediate
55.95%
1 to 3 Years
21.31%
3 to 5 Years
16.04%
5 to 10 Years
18.60%
Long Term
41.70%
10 to 20 Years
11.92%
20 to 30 Years
28.58%
Over 30 Years
1.20%
Other
0.12%
As of December 31, 2025
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