Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.41%
Stock 0.08%
Bond 98.59%
Convertible 0.00%
Preferred 0.00%
Other -0.08%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 1.49%
Corporate 94.12%
Securitized 0.48%
Municipal 0.00%
Other 3.91%
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Region Exposure

% Developed Markets: 90.31%    % Emerging Markets: 0.32%    % Unidentified Markets: 9.37%

Americas 84.02%
81.27%
Canada 2.77%
United States 78.50%
2.74%
Mexico 0.29%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.16%
United Kingdom 1.83%
4.33%
Austria 0.00%
Denmark 0.10%
Finland 0.00%
France 0.42%
Germany 0.57%
Greece 0.00%
Ireland 0.80%
Italy 0.00%
Netherlands 0.10%
Norway 0.00%
Spain 0.00%
Switzerland 0.50%
0.00%
0.00%
Greater Asia 0.45%
Japan 0.01%
0.44%
Australia 0.44%
0.00%
Singapore 0.00%
0.00%
Unidentified Region 9.37%

Bond Credit Quality Exposure

AAA 0.01%
AA 0.62%
A 0.26%
BBB 1.43%
BB 44.19%
B 36.51%
Below B 8.33%
    CCC 7.67%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.66%
Not Rated 0.92%
Not Available 7.73%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.81%
Less than 1 Year
1.81%
Intermediate
93.85%
1 to 3 Years
15.49%
3 to 5 Years
36.07%
5 to 10 Years
42.30%
Long Term
3.18%
10 to 20 Years
0.75%
20 to 30 Years
2.29%
Over 30 Years
0.14%
Other
1.15%
As of December 31, 2025
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