Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.15%
Stock 0.14%
Bond 91.60%
Convertible 0.00%
Preferred 3.90%
Other 2.21%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 1.83%
Corporate 91.12%
Securitized 0.26%
Municipal 0.73%
Other 6.08%
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Region Exposure

% Developed Markets: 89.87%    % Emerging Markets: 0.25%    % Unidentified Markets: 9.89%

Americas 86.34%
84.64%
Canada 2.49%
United States 82.15%
1.70%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.30%
United Kingdom 1.13%
2.17%
Austria 0.00%
Denmark 0.00%
Finland 0.00%
France 0.67%
Germany 0.01%
Greece 0.00%
Ireland 0.01%
Italy 0.01%
Netherlands 0.30%
Norway 0.00%
Spain 0.00%
Switzerland 0.00%
0.00%
0.00%
Israel 0.00%
Greater Asia 0.47%
Japan 0.44%
0.01%
Australia 0.01%
0.01%
Hong Kong 0.00%
Singapore 0.00%
0.00%
Unidentified Region 9.89%

Bond Credit Quality Exposure

AAA 0.00%
AA 1.28%
A 0.00%
BBB 2.71%
BB 34.92%
B 39.25%
Below B 11.24%
    CCC 11.24%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 10.59%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.65%
Less than 1 Year
1.65%
Intermediate
90.20%
1 to 3 Years
10.71%
3 to 5 Years
33.94%
5 to 10 Years
45.55%
Long Term
5.88%
10 to 20 Years
2.49%
20 to 30 Years
3.11%
Over 30 Years
0.29%
Other
2.27%
As of December 31, 2025
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