Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.70%
Stock 0.00%
Bond 95.86%
Convertible 0.00%
Preferred 0.00%
Other 2.44%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 18.74%
Corporate 32.59%
Securitized 47.05%
Municipal 0.93%
Other 0.69%
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Region Exposure

% Developed Markets: 96.74%    % Emerging Markets: 0.44%    % Unidentified Markets: 2.82%

Americas 94.14%
93.95%
Canada 1.13%
United States 92.82%
0.19%
Mexico 0.07%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.42%
United Kingdom 0.35%
1.90%
Austria 0.00%
Germany 1.20%
Ireland 0.14%
Italy 0.00%
Netherlands 0.11%
0.00%
Turkey 0.00%
0.17%
Greater Asia 0.62%
Japan 0.51%
0.00%
Australia 0.00%
0.02%
Singapore 0.00%
South Korea 0.02%
0.09%
Philippines 0.09%
Unidentified Region 2.82%

Bond Credit Quality Exposure

AAA 15.21%
AA 31.78%
A 13.59%
BBB 8.11%
BB 0.21%
B 0.11%
Below B 0.01%
    CCC 0.01%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 30.99%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
4.97%
Less than 1 Year
4.97%
Intermediate
49.13%
1 to 3 Years
12.92%
3 to 5 Years
16.67%
5 to 10 Years
19.54%
Long Term
45.90%
10 to 20 Years
9.89%
20 to 30 Years
34.92%
Over 30 Years
1.08%
Other
0.01%
As of December 31, 2025
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