Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.59%
Stock 0.00%
Bond 97.23%
Convertible 0.00%
Preferred 0.00%
Other 1.17%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 2.21%
Corporate 95.66%
Securitized 0.00%
Municipal 0.00%
Other 2.13%
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Region Exposure

% Developed Markets: 96.38%    % Emerging Markets: 0.73%    % Unidentified Markets: 2.89%

Americas 79.95%
78.06%
Canada 4.06%
United States 73.99%
1.89%
Chile 0.13%
Colombia 0.15%
Mexico 0.46%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 14.80%
United Kingdom 4.43%
10.37%
France 0.30%
Ireland 2.67%
Italy 1.49%
Netherlands 1.03%
Norway 0.62%
Spain 1.97%
Switzerland 1.24%
0.00%
0.00%
Greater Asia 2.36%
Japan 1.14%
0.39%
Australia 0.39%
0.83%
Hong Kong 0.23%
Singapore 0.60%
0.00%
Unidentified Region 2.89%

Bond Credit Quality Exposure

AAA 0.00%
AA 3.24%
A 31.72%
BBB 57.43%
BB 5.03%
B 0.95%
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 1.64%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
3.89%
Less than 1 Year
3.89%
Intermediate
70.87%
1 to 3 Years
9.54%
3 to 5 Years
14.75%
5 to 10 Years
46.59%
Long Term
24.93%
10 to 20 Years
6.02%
20 to 30 Years
12.97%
Over 30 Years
5.94%
Other
0.31%
As of December 31, 2025
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