Asset Allocation

As of December 31, 2025.
Type % Net
Cash 8.52%
Stock 0.00%
Bond 88.93%
Convertible 0.00%
Preferred 0.00%
Other 2.55%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 6.23%
Corporate 90.12%
Securitized 0.00%
Municipal 0.00%
Other 3.66%
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Region Exposure

% Developed Markets: 93.45%    % Emerging Markets: 0.01%    % Unidentified Markets: 6.54%

Americas 91.75%
91.44%
Canada 42.15%
United States 49.29%
0.31%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.54%
United Kingdom 0.67%
0.86%
Denmark 0.00%
France 0.03%
Germany 0.01%
Ireland 0.01%
Italy 0.00%
Netherlands 0.03%
Spain 0.00%
Switzerland 0.00%
0.00%
0.01%
Israel 0.01%
Greater Asia 0.18%
Japan 0.14%
0.01%
Australia 0.01%
0.02%
Hong Kong 0.01%
Singapore 0.01%
0.00%
Unidentified Region 6.54%

Bond Credit Quality Exposure

AAA 0.00%
AA 6.22%
A 0.00%
BBB 8.60%
BB 41.20%
B 30.59%
Below B 1.31%
    CCC 1.31%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 12.07%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.01%
Less than 1 Year
0.01%
Intermediate
83.09%
1 to 3 Years
4.36%
3 to 5 Years
43.43%
5 to 10 Years
35.30%
Long Term
15.08%
10 to 20 Years
0.93%
20 to 30 Years
6.80%
Over 30 Years
7.34%
Other
1.82%
As of December 31, 2025
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