Asset Allocation

As of December 31, 2025.
Type % Net
Cash 9.02%
Stock 0.00%
Bond 90.20%
Convertible 0.00%
Preferred 0.01%
Other 0.77%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 33.63%
Corporate 17.92%
Securitized 48.09%
Municipal 0.22%
Other 0.14%
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Region Exposure

% Developed Markets: 80.77%    % Emerging Markets: 0.21%    % Unidentified Markets: 19.02%

Americas 79.45%
78.74%
Canada 0.89%
United States 77.85%
0.71%
Brazil 0.01%
Chile 0.03%
Mexico 0.08%
Venezuela 0.04%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.24%
United Kingdom 0.56%
0.62%
France 0.21%
Ireland 0.02%
Italy 0.01%
Netherlands 0.16%
Norway 0.02%
Spain 0.05%
Sweden 0.02%
Switzerland 0.04%
0.00%
Poland 0.00%
0.06%
Saudi Arabia 0.00%
Greater Asia 0.29%
Japan 0.17%
0.03%
Australia 0.03%
0.08%
Singapore 0.05%
0.01%
Philippines 0.01%
Unidentified Region 19.02%

Bond Credit Quality Exposure

AAA 20.39%
AA 39.12%
A 10.39%
BBB 8.67%
BB 0.17%
B 0.04%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 21.17%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
7.55%
Less than 1 Year
7.55%
Intermediate
54.58%
1 to 3 Years
17.87%
3 to 5 Years
19.81%
5 to 10 Years
16.89%
Long Term
37.36%
10 to 20 Years
7.03%
20 to 30 Years
22.94%
Over 30 Years
7.39%
Other
0.51%
As of December 31, 2025
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