Asset Allocation

As of December 31, 2025.
Type % Net
Cash 4.07%
Stock 0.09%
Bond 94.66%
Convertible 0.00%
Preferred 0.03%
Other 1.16%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.01%
Corporate 94.36%
Securitized 0.00%
Municipal 0.00%
Other 5.63%
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Region Exposure

% Developed Markets: 91.88%    % Emerging Markets: 0.62%    % Unidentified Markets: 7.50%

Americas 83.14%
80.73%
Canada 4.29%
United States 76.45%
2.41%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.15%
United Kingdom 2.58%
4.57%
Austria 0.00%
Denmark 0.06%
Finland 0.00%
France 1.52%
Germany 0.19%
Greece 0.00%
Ireland 0.83%
Italy 0.01%
Netherlands 0.03%
Norway 0.00%
Spain 0.23%
Switzerland 0.00%
0.00%
0.00%
Greater Asia 2.21%
Japan 0.73%
0.03%
Australia 0.03%
1.45%
Hong Kong 1.44%
Singapore 0.01%
0.00%
Unidentified Region 7.50%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 2.91%
BB 48.45%
B 31.66%
Below B 10.08%
    CCC 10.07%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 6.90%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.57%
Less than 1 Year
1.57%
Intermediate
96.38%
1 to 3 Years
13.80%
3 to 5 Years
39.90%
5 to 10 Years
42.67%
Long Term
1.06%
10 to 20 Years
0.81%
20 to 30 Years
0.21%
Over 30 Years
0.04%
Other
0.99%
As of December 31, 2025
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