Asset Allocation

As of December 31, 2025.
Type % Net
Cash -4.05%
Stock 0.00%
Bond 103.1%
Convertible 0.00%
Preferred 0.00%
Other 0.99%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 13.71%
Corporate 62.21%
Securitized 0.00%
Municipal 0.00%
Other 24.08%
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Region Exposure

% Developed Markets: 98.74%    % Emerging Markets: 0.03%    % Unidentified Markets: 1.24%

Americas 97.72%
97.63%
Canada 81.63%
United States 16.00%
0.09%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.76%
United Kingdom 0.23%
0.51%
Denmark 0.01%
France 0.14%
Germany 0.04%
Ireland 0.05%
Italy 0.02%
Netherlands 0.12%
Spain 0.01%
Switzerland 0.00%
0.00%
0.02%
Israel 0.02%
Greater Asia 0.28%
Japan 0.13%
0.06%
Australia 0.06%
0.10%
Hong Kong 0.03%
Singapore 0.02%
0.00%
Unidentified Region 1.24%

Bond Credit Quality Exposure

AAA 6.40%
AA 6.43%
A 3.15%
BBB 16.03%
BB 45.39%
B 10.03%
Below B 2.21%
    CCC 0.72%
    CC 0.00%
    C 1.48%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.00%
Not Available 10.36%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.99%
Less than 1 Year
2.99%
Intermediate
55.01%
1 to 3 Years
11.77%
3 to 5 Years
25.80%
5 to 10 Years
17.45%
Long Term
41.27%
10 to 20 Years
0.07%
20 to 30 Years
0.15%
Over 30 Years
41.05%
Other
0.73%
As of December 31, 2025
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