Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.60%
Stock 0.01%
Bond 97.48%
Convertible 0.00%
Preferred 0.03%
Other 0.88%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 21.28%
Corporate 49.96%
Securitized 0.00%
Municipal 20.41%
Other 8.35%
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Region Exposure

% Developed Markets: 96.64%    % Emerging Markets: 0.81%    % Unidentified Markets: 2.55%

Americas 95.20%
95.14%
Canada 86.25%
United States 8.89%
0.06%
Chile 0.06%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.11%
United Kingdom 0.93%
1.14%
France 0.31%
Germany 0.02%
Ireland 0.13%
Netherlands 0.37%
0.04%
Poland 0.04%
0.00%
Greater Asia 0.14%
Japan 0.00%
0.08%
Australia 0.08%
0.05%
Hong Kong 0.04%
Singapore 0.01%
0.00%
Philippines 0.00%
Unidentified Region 2.55%

Bond Credit Quality Exposure

AAA 25.70%
AA 14.62%
A 23.68%
BBB 23.90%
BB 5.61%
B 1.64%
Below B 0.48%
    CCC 0.42%
    CC 0.00%
    C 0.02%
    DDD 0.00%
    DD 0.00%
    D 0.05%
Not Rated 0.24%
Not Available 4.12%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.96%
Less than 1 Year
1.96%
Intermediate
73.59%
1 to 3 Years
10.54%
3 to 5 Years
14.35%
5 to 10 Years
48.70%
Long Term
24.26%
10 to 20 Years
2.64%
20 to 30 Years
16.10%
Over 30 Years
5.53%
Other
0.18%
As of December 31, 2025
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