Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 93.86%
Convertible 0.00%
Preferred 0.00%
Other 6.14%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 75.21%
Corporate 16.18%
Securitized 8.02%
Municipal 0.46%
Other 0.14%
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Region Exposure

% Developed Markets: 87.36%    % Emerging Markets: 13.05%    % Unidentified Markets: -0.41%

Americas 58.43%
50.88%
Canada 1.72%
United States 49.15%
7.56%
Brazil 0.66%
Chile 0.16%
Colombia 2.81%
Mexico 3.70%
Peru 0.03%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 28.65%
United Kingdom 5.54%
20.51%
Austria 0.30%
Belgium 1.36%
Denmark 0.04%
Finland 0.16%
France 2.40%
Germany 5.83%
Greece 0.13%
Ireland 0.69%
Italy 3.50%
Netherlands 1.10%
Norway 0.09%
Portugal 0.09%
Spain 1.78%
Sweden 0.07%
Switzerland 0.74%
2.09%
Czech Republic 0.06%
Poland 0.06%
0.51%
Nigeria 0.15%
South Africa 0.36%
Greater Asia 13.33%
Japan 6.44%
2.09%
Australia 1.95%
2.04%
Singapore 0.19%
South Korea 1.85%
2.76%
China 1.90%
Indonesia 0.30%
Malaysia 0.23%
Thailand 0.33%
Unidentified Region -0.41%

Bond Credit Quality Exposure

AAA 8.82%
AA 45.51%
A 11.41%
BBB 15.58%
BB 4.83%
B 0.17%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.04%
Not Available 13.64%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.93%
Less than 1 Year
0.93%
Intermediate
61.08%
1 to 3 Years
15.86%
3 to 5 Years
13.20%
5 to 10 Years
32.02%
Long Term
37.02%
10 to 20 Years
8.90%
20 to 30 Years
25.23%
Over 30 Years
2.88%
Other
0.97%
As of December 31, 2025
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