Asset Allocation

As of December 31, 2025.
Type % Net
Cash -19.99%
Stock 0.00%
Bond 114.2%
Convertible 0.00%
Preferred 0.00%
Other 5.82%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 48.72%
Corporate 20.21%
Securitized 30.20%
Municipal 0.32%
Other 0.55%
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Region Exposure

% Developed Markets: 135.1%    % Emerging Markets: 0.01%    % Unidentified Markets: -35.07%

Americas 135.0%
134.9%
Canada -0.00%
United States 134.9%
0.08%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.11%
United Kingdom 0.10%
0.01%
Denmark 0.00%
Finland 0.00%
France 0.00%
Germany 0.00%
Ireland 0.00%
Netherlands 0.00%
Norway 0.00%
Sweden 0.00%
Switzerland 0.00%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
Australia 0.00%
0.00%
0.00%
Philippines 0.00%
Unidentified Region -35.07%

Bond Credit Quality Exposure

AAA 7.14%
AA 60.94%
A 6.92%
BBB 10.53%
BB 0.49%
B 0.00%
Below B 0.29%
    CCC 0.22%
    CC 0.06%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.29%
Not Available 13.40%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.83%
Less than 1 Year
0.83%
Intermediate
37.61%
1 to 3 Years
7.98%
3 to 5 Years
11.91%
5 to 10 Years
17.72%
Long Term
58.20%
10 to 20 Years
19.97%
20 to 30 Years
23.28%
Over 30 Years
14.95%
Other
3.35%
As of December 31, 2025
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