Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.50%
Stock 0.00%
Bond 94.13%
Convertible 0.00%
Preferred 0.93%
Other 2.43%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 25.97%
Corporate 52.23%
Securitized 10.75%
Municipal 3.30%
Other 7.75%
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Region Exposure

% Developed Markets: 84.71%    % Emerging Markets: 7.64%    % Unidentified Markets: 7.64%

Americas 65.92%
64.52%
Canada 11.48%
United States 53.04%
1.40%
Brazil 1.40%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.55%
United Kingdom 4.13%
5.91%
Austria 0.15%
Denmark 0.17%
Finland 0.44%
France 0.31%
Germany 0.83%
Ireland 0.97%
Netherlands 0.37%
Norway 1.57%
Spain 0.15%
Sweden 0.23%
1.11%
Czech Republic 1.11%
0.40%
Qatar 0.28%
United Arab Emirates 0.12%
Greater Asia 14.89%
Japan 1.82%
7.20%
Australia 3.68%
0.74%
Singapore 0.00%
South Korea 0.73%
5.13%
China 0.25%
India 0.80%
Indonesia 2.11%
Philippines 1.97%
Unidentified Region 7.64%

Bond Credit Quality Exposure

AAA 11.03%
AA 16.97%
A 4.82%
BBB 28.85%
BB 14.86%
B 4.11%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.18%
Not Available 19.18%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
3.03%
Less than 1 Year
3.03%
Intermediate
57.20%
1 to 3 Years
3.75%
3 to 5 Years
13.84%
5 to 10 Years
39.62%
Long Term
37.58%
10 to 20 Years
13.41%
20 to 30 Years
16.35%
Over 30 Years
7.82%
Other
2.19%
As of December 31, 2025
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