Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.03%
Stock 0.00%
Bond 99.45%
Convertible 0.00%
Preferred 0.00%
Other -1.49%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 100.0%
Corporate 0.00%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 99.45%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.55%

Americas 58.15%
58.15%
Canada 0.54%
United States 57.61%
0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 38.97%
United Kingdom 13.19%
25.78%
Denmark 0.21%
France 11.62%
Germany 1.60%
Italy 6.45%
Norway 0.87%
Spain 4.15%
Sweden 0.88%
0.00%
0.00%
Greater Asia 2.33%
Japan 0.00%
2.33%
Australia 1.88%
0.00%
0.00%
Unidentified Region 0.55%

Bond Credit Quality Exposure

AAA 6.14%
AA 71.19%
A 15.86%
BBB 5.35%
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 0.33%
Not Available 1.13%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
98.97%
1 to 3 Years
23.65%
3 to 5 Years
31.02%
5 to 10 Years
44.31%
Long Term
1.03%
10 to 20 Years
0.53%
20 to 30 Years
0.00%
Over 30 Years
0.50%
Other
0.00%
As of December 31, 2025
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