Asset Allocation

As of December 31, 2025.
Type % Net
Cash -67.14%
Stock 0.00%
Bond 132.2%
Convertible 0.00%
Preferred 0.00%
Other 34.95%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 86.09%
Corporate 0.44%
Securitized 13.43%
Municipal 0.00%
Other 0.04%
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Region Exposure

% Developed Markets: 143.6%    % Emerging Markets: 0.00%    % Unidentified Markets: -43.57%

Americas 136.2%
135.0%
Canada 0.21%
United States 134.8%
1.25%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.46%
United Kingdom -0.00%
4.46%
Denmark 0.00%
France 0.00%
Germany 0.00%
Ireland 0.06%
Italy 3.75%
Netherlands 0.65%
Sweden 0.00%
0.00%
0.00%
Greater Asia 2.88%
Japan 2.88%
0.00%
Australia 0.00%
0.00%
0.00%
Philippines 0.00%
Unidentified Region -43.57%

Bond Credit Quality Exposure

AAA 3.32%
AA 83.03%
A 2.19%
BBB 2.67%
BB 0.17%
B 0.67%
Below B 1.75%
    CCC 1.65%
    CC 0.09%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.48%
Not Available 4.71%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.57%
Less than 1 Year
1.57%
Intermediate
9.90%
1 to 3 Years
1.60%
3 to 5 Years
3.32%
5 to 10 Years
4.98%
Long Term
86.51%
10 to 20 Years
35.04%
20 to 30 Years
42.83%
Over 30 Years
8.64%
Other
2.02%
As of December 31, 2025
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