Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.03%
Stock 0.00%
Bond 96.05%
Convertible 0.00%
Preferred 0.00%
Other 0.91%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 11.93%
Corporate 44.03%
Securitized 41.36%
Municipal 0.77%
Other 1.90%
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Region Exposure

% Developed Markets: 84.48%    % Emerging Markets: 0.43%    % Unidentified Markets: 15.09%

Americas 78.16%
76.70%
Canada 4.50%
United States 72.20%
1.46%
Mexico 0.43%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.19%
United Kingdom 2.29%
3.90%
France 0.56%
Netherlands 0.47%
Norway 0.59%
Sweden 1.43%
Switzerland 0.56%
0.00%
0.00%
Greater Asia 0.56%
Japan 0.56%
0.00%
0.00%
0.00%
Unidentified Region 15.09%

Bond Credit Quality Exposure

AAA 15.75%
AA 27.07%
A 20.12%
BBB 25.55%
BB 3.72%
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 0.38%
Not Available 7.42%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
8.12%
Less than 1 Year
8.12%
Intermediate
70.04%
1 to 3 Years
27.32%
3 to 5 Years
30.07%
5 to 10 Years
12.65%
Long Term
21.56%
10 to 20 Years
6.89%
20 to 30 Years
13.58%
Over 30 Years
1.09%
Other
0.29%
As of December 31, 2025
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