Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.80%
Stock 0.00%
Bond 97.78%
Convertible 0.00%
Preferred 0.00%
Other 1.42%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 24.82%
Corporate 36.01%
Securitized 37.14%
Municipal 0.97%
Other 1.06%
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Region Exposure

% Developed Markets: 91.68%    % Emerging Markets: 0.00%    % Unidentified Markets: 8.32%

Americas 84.77%
81.29%
Canada 1.48%
United States 79.81%
3.48%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.47%
United Kingdom 2.04%
2.43%
Denmark 0.23%
France 0.12%
Ireland 0.72%
Italy 0.50%
Netherlands 0.41%
Switzerland 0.46%
0.00%
0.00%
Greater Asia 2.44%
Japan 1.27%
1.16%
Australia 1.16%
0.00%
0.00%
Unidentified Region 8.32%

Bond Credit Quality Exposure

AAA 12.09%
AA 33.00%
A 8.46%
BBB 23.43%
BB 4.67%
B 1.48%
Below B 0.01%
    CCC 0.00%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.69%
Not Available 13.17%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.32%
Less than 1 Year
1.32%
Intermediate
48.71%
1 to 3 Years
10.13%
3 to 5 Years
13.55%
5 to 10 Years
25.04%
Long Term
48.82%
10 to 20 Years
20.46%
20 to 30 Years
24.08%
Over 30 Years
4.29%
Other
1.14%
As of December 31, 2025
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