Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.54%
Stock 0.82%
Bond 97.59%
Convertible 0.00%
Preferred 0.18%
Other 0.86%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 24.73%
Corporate 45.69%
Securitized 0.46%
Municipal 21.91%
Other 7.22%
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Region Exposure

% Developed Markets: 93.37%    % Emerging Markets: 4.16%    % Unidentified Markets: 2.47%

Americas 95.71%
92.15%
Canada 86.51%
United States 5.64%
3.56%
Brazil 0.01%
Chile 0.01%
Colombia 0.01%
Mexico 3.32%
Peru 0.01%
Venezuela 0.02%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.64%
United Kingdom 0.89%
0.75%
Austria 0.02%
Belgium 0.04%
Finland 0.01%
France 0.40%
Germany 0.08%
Ireland 0.09%
Italy 0.00%
Netherlands 0.05%
Spain 0.01%
0.00%
Czech Republic 0.00%
0.00%
Saudi Arabia 0.00%
Greater Asia 0.18%
Japan 0.01%
0.09%
Australia 0.09%
0.03%
Hong Kong 0.01%
Singapore 0.00%
South Korea 0.01%
0.04%
China 0.04%
Unidentified Region 2.47%

Bond Credit Quality Exposure

AAA 25.95%
AA 15.29%
A 22.24%
BBB 28.34%
BB 3.13%
B 0.20%
Below B 0.04%
    CCC 0.02%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.22%
Not Available 4.61%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.97%
Less than 1 Year
0.97%
Intermediate
70.81%
1 to 3 Years
9.08%
3 to 5 Years
10.54%
5 to 10 Years
51.19%
Long Term
27.85%
10 to 20 Years
2.53%
20 to 30 Years
17.51%
Over 30 Years
7.80%
Other
0.36%
As of December 31, 2025
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