Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.12%
Stock 0.04%
Bond 95.41%
Convertible 0.00%
Preferred 0.00%
Other 2.43%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 3.24%
Corporate 96.76%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 92.66%    % Emerging Markets: 0.00%    % Unidentified Markets: 7.34%

Americas 83.80%
83.80%
Canada 2.44%
United States 81.37%
0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.85%
United Kingdom 0.99%
7.86%
Germany 1.34%
Ireland 1.94%
Italy 1.16%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 7.34%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.80%
A 0.00%
BBB 0.00%
BB 14.58%
B 67.18%
Below B 12.85%
    CCC 12.42%
    CC 0.43%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.15%
Not Available 2.43%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
4.12%
Less than 1 Year
4.12%
Intermediate
95.88%
1 to 3 Years
15.23%
3 to 5 Years
58.62%
5 to 10 Years
22.03%
Long Term
0.00%
10 to 20 Years
0.00%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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