Asset Allocation

As of December 31, 2025.
Type % Net
Cash 14.01%
Stock 0.78%
Bond 66.86%
Convertible 0.00%
Preferred 0.20%
Other 18.16%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 45.18%
Corporate 35.42%
Securitized 16.80%
Municipal 0.00%
Other 2.60%
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Region Exposure

% Developed Markets: 75.76%    % Emerging Markets: 0.01%    % Unidentified Markets: 24.23%

Americas 74.97%
74.53%
Canada 0.00%
United States 74.53%
0.44%
Mexico -0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.46%
United Kingdom 0.10%
0.35%
Belgium 0.01%
Denmark -0.00%
Finland 0.03%
France 0.17%
Germany 0.01%
Ireland 0.03%
Italy 0.02%
Netherlands 0.04%
Norway 0.01%
Portugal 0.00%
Spain 0.00%
Sweden 0.03%
Switzerland 0.03%
0.00%
0.00%
Greater Asia 0.34%
Japan 0.26%
0.05%
Australia 0.05%
0.03%
Hong Kong 0.02%
Singapore 0.01%
-0.00%
China 0.00%
Thailand -0.01%
Unidentified Region 24.23%

Bond Credit Quality Exposure

AAA 0.10%
AA 5.00%
A 10.18%
BBB 24.27%
BB 2.70%
B 2.88%
Below B 6.15%
    CCC 2.37%
    CC 1.72%
    C 1.35%
    DDD 0.00%
    DD 0.00%
    D 0.71%
Not Rated 2.97%
Not Available 45.75%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
76.30%
Less than 1 Year
76.30%
Intermediate
11.88%
1 to 3 Years
4.05%
3 to 5 Years
1.31%
5 to 10 Years
6.52%
Long Term
11.82%
10 to 20 Years
4.76%
20 to 30 Years
7.06%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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