Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.01%
Stock 0.00%
Bond 98.67%
Convertible 0.00%
Preferred 0.00%
Other 1.31%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 15.48%
Corporate 77.16%
Securitized 0.32%
Municipal 6.02%
Other 1.02%
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Region Exposure

% Developed Markets: 91.91%    % Emerging Markets: 5.82%    % Unidentified Markets: 2.27%

Americas 88.89%
84.23%
Canada 1.88%
United States 82.35%
4.66%
Brazil 0.27%
Chile 1.30%
Colombia 0.16%
Mexico 2.11%
Peru 0.38%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.39%
United Kingdom 1.78%
4.26%
France 1.14%
Ireland 0.23%
Italy 0.31%
Netherlands 0.72%
Spain 0.83%
Switzerland 0.55%
0.34%
Poland 0.34%
1.01%
Qatar 0.08%
Saudi Arabia 0.93%
Greater Asia 1.44%
Japan 0.48%
0.36%
Australia 0.36%
0.60%
Singapore 0.60%
0.00%
Unidentified Region 2.27%

Bond Credit Quality Exposure

AAA 0.96%
AA 15.06%
A 29.74%
BBB 53.31%
BB 0.77%
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 0.04%
Not Available 0.12%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.34%
Less than 1 Year
0.34%
Intermediate
17.99%
1 to 3 Years
0.14%
3 to 5 Years
0.37%
5 to 10 Years
17.47%
Long Term
81.67%
10 to 20 Years
32.71%
20 to 30 Years
45.13%
Over 30 Years
3.83%
Other
0.00%
As of December 31, 2025
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