Asset Allocation

As of December 31, 2025.
Type % Net
Cash -0.94%
Stock 0.00%
Bond 98.05%
Convertible 0.00%
Preferred 0.00%
Other 2.89%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 40.63%
Corporate 28.78%
Securitized 29.74%
Municipal 0.82%
Other 0.04%
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Region Exposure

% Developed Markets: 95.49%    % Emerging Markets: 1.90%    % Unidentified Markets: 2.62%

Americas 94.59%
93.43%
Canada 1.23%
United States 92.20%
1.16%
Mexico 1.04%
Peru 0.12%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.51%
United Kingdom 0.42%
0.59%
Netherlands 0.10%
Norway 0.02%
Switzerland 0.16%
0.06%
Poland 0.06%
0.44%
Israel 0.44%
Greater Asia 1.28%
Japan 0.33%
0.27%
Australia 0.27%
0.00%
0.67%
Indonesia 0.33%
Philippines 0.35%
Unidentified Region 2.62%

Bond Credit Quality Exposure

AAA 7.19%
AA 48.26%
A 10.69%
BBB 18.91%
BB 0.42%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.16%
Not Available 14.37%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.34%
Less than 1 Year
2.34%
Intermediate
51.25%
1 to 3 Years
19.92%
3 to 5 Years
10.06%
5 to 10 Years
21.26%
Long Term
46.41%
10 to 20 Years
12.92%
20 to 30 Years
33.05%
Over 30 Years
0.45%
Other
0.00%
As of December 31, 2025
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