Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.03%
Stock 0.00%
Bond 93.12%
Convertible 0.00%
Preferred 0.03%
Other 1.82%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 82.08%
Corporate 15.62%
Securitized 0.05%
Municipal 0.12%
Other 2.14%
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Region Exposure

% Developed Markets: 81.39%    % Emerging Markets: 11.44%    % Unidentified Markets: 7.17%

Americas 62.39%
50.95%
Canada 16.83%
United States 34.12%
11.44%
Brazil 5.04%
Colombia 2.85%
Mexico 3.55%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 19.51%
United Kingdom 4.49%
15.03%
Belgium 4.20%
France 1.47%
Germany 8.22%
Spain 1.14%
0.00%
0.00%
Greater Asia 10.93%
Japan 1.55%
8.73%
Australia 8.31%
0.65%
Hong Kong 0.65%
0.00%
Unidentified Region 7.17%

Bond Credit Quality Exposure

AAA 26.80%
AA 35.28%
A 6.45%
BBB 10.46%
BB 12.15%
B 0.64%
Below B 0.39%
    CCC 0.08%
    CC 0.00%
    C 0.08%
    DDD 0.00%
    DD 0.00%
    D 0.23%
Not Rated 0.00%
Not Available 7.84%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.01%
Less than 1 Year
2.01%
Intermediate
83.37%
1 to 3 Years
14.33%
3 to 5 Years
12.08%
5 to 10 Years
56.97%
Long Term
14.62%
10 to 20 Years
0.14%
20 to 30 Years
11.74%
Over 30 Years
2.74%
Other
0.00%
As of December 31, 2025
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