Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.57%
Stock 3.90%
Bond 129.2%
Convertible 0.00%
Preferred 1.03%
Other -36.73%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 2.49%
Corporate 42.25%
Securitized 23.11%
Municipal 0.00%
Other 32.16%
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Region Exposure

% Developed Markets: 77.13%    % Emerging Markets: 1.58%    % Unidentified Markets: 21.29%

Americas 65.89%
59.11%
Canada 1.17%
United States 57.94%
6.78%
Argentina 0.09%
Brazil 0.36%
Colombia 0.71%
Mexico 0.30%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 12.03%
United Kingdom 2.39%
9.56%
Finland 0.04%
France 0.43%
Germany 0.79%
Ireland 4.92%
Italy 0.70%
Netherlands 0.92%
Sweden 0.17%
0.08%
Turkey 0.08%
0.00%
Greater Asia 0.80%
Japan 0.26%
0.41%
Australia 0.41%
0.08%
Hong Kong 0.08%
0.05%
China 0.05%
Unidentified Region 21.29%

Bond Credit Quality Exposure

AAA 0.00%
AA 1.11%
A 0.25%
BBB 3.41%
BB 20.47%
B 22.70%
Below B 2.16%
    CCC 1.91%
    CC 0.21%
    C 0.04%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.26%
Not Available 47.65%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
3.69%
Less than 1 Year
3.69%
Intermediate
80.29%
1 to 3 Years
14.62%
3 to 5 Years
22.26%
5 to 10 Years
43.41%
Long Term
15.83%
10 to 20 Years
10.56%
20 to 30 Years
3.32%
Over 30 Years
1.94%
Other
0.19%
As of December 31, 2025
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