Asset Allocation

As of December 31, 2025.
Type % Net
Cash 7.05%
Stock 0.00%
Bond 91.88%
Convertible 0.00%
Preferred 0.00%
Other 1.07%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 43.94%
Corporate 50.90%
Securitized 0.00%
Municipal 2.34%
Other 2.82%
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Region Exposure

% Developed Markets: 82.99%    % Emerging Markets: 8.04%    % Unidentified Markets: 8.97%

Americas 48.03%
39.99%
Canada 15.70%
United States 24.29%
8.04%
Brazil 1.40%
Chile 0.50%
Colombia 1.25%
Mexico 3.37%
Peru 1.53%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 29.22%
United Kingdom 5.25%
23.97%
Austria 1.79%
Belgium 3.47%
Finland 1.56%
France 3.43%
Germany 8.45%
Ireland 0.79%
Netherlands 0.47%
Spain 1.50%
0.00%
0.00%
Greater Asia 13.78%
Japan 1.35%
9.77%
Australia 9.37%
2.66%
Hong Kong 1.12%
South Korea 1.54%
0.00%
Unidentified Region 8.97%

Bond Credit Quality Exposure

AAA 37.31%
AA 10.18%
A 14.71%
BBB 15.43%
BB 11.22%
B 0.64%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 10.51%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
12.92%
Less than 1 Year
12.92%
Intermediate
75.99%
1 to 3 Years
10.34%
3 to 5 Years
11.31%
5 to 10 Years
54.34%
Long Term
11.09%
10 to 20 Years
5.50%
20 to 30 Years
4.20%
Over 30 Years
1.39%
Other
0.00%
As of December 31, 2025
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