Asset Allocation

As of December 31, 2025.
Type % Net
Cash 71.68%
Stock 0.00%
Bond 28.32%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 1.06%
Corporate 98.94%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 74.20%    % Emerging Markets: 1.77%    % Unidentified Markets: 24.03%

Americas 55.01%
53.74%
Canada 5.23%
United States 48.51%
1.27%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.91%
United Kingdom 3.68%
5.45%
France 1.33%
Ireland 1.01%
Netherlands 0.24%
Sweden 0.08%
Switzerland 2.80%
0.00%
1.77%
Saudi Arabia 1.77%
Greater Asia 10.05%
Japan 4.83%
5.21%
Australia 4.64%
0.01%
South Korea 0.01%
0.00%
Unidentified Region 24.03%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.49%
A 73.92%
BBB 16.41%
BB 0.00%
B 0.00%
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 9.17%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
85.70%
Less than 1 Year
85.70%
Intermediate
14.30%
1 to 3 Years
14.30%
3 to 5 Years
0.00%
5 to 10 Years
0.00%
Long Term
0.00%
10 to 20 Years
0.00%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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