Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.23%
Stock 0.33%
Bond 98.67%
Convertible 0.00%
Preferred 0.00%
Other 0.77%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government -70.80%
Corporate 120.0%
Securitized 13.41%
Municipal 14.00%
Other 23.35%
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Region Exposure

% Developed Markets: 89.98%    % Emerging Markets: 2.08%    % Unidentified Markets: 7.94%

Americas 76.71%
74.63%
Canada 86.78%
United States -12.15%
2.08%
Peru 2.08%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.39%
United Kingdom 4.80%
8.60%
France 5.61%
Ireland 1.88%
Norway 1.11%
0.00%
0.00%
Greater Asia 1.96%
Japan 0.00%
1.96%
Australia 1.96%
0.00%
0.00%
Unidentified Region 7.94%

Bond Credit Quality Exposure

AAA -6.73%
AA -14.37%
A 21.10%
BBB 64.73%
BB 7.80%
B 0.78%
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 26.69%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
-38.10%
Less than 1 Year
-38.10%
Intermediate
98.86%
1 to 3 Years
40.42%
3 to 5 Years
26.36%
5 to 10 Years
32.08%
Long Term
35.81%
10 to 20 Years
17.52%
20 to 30 Years
-1.16%
Over 30 Years
19.45%
Other
3.43%
As of December 31, 2025
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