Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.11%
Stock 0.00%
Bond 96.74%
Convertible 0.00%
Preferred 0.00%
Other 3.15%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 95.37%
Securitized 0.03%
Municipal 0.00%
Other 4.60%
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Region Exposure

% Developed Markets: 91.17%    % Emerging Markets: 0.00%    % Unidentified Markets: 8.83%

Americas 83.74%
80.73%
Canada 2.60%
United States 78.13%
3.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.10%
United Kingdom 3.72%
2.38%
France 0.75%
Greece 0.28%
Ireland 0.49%
Italy 0.01%
0.00%
0.00%
Greater Asia 1.33%
Japan 0.00%
1.33%
Australia 1.33%
0.00%
0.00%
Unidentified Region 8.83%

Bond Credit Quality Exposure

AAA 0.01%
AA 0.00%
A 0.00%
BBB 3.64%
BB 47.43%
B 40.93%
Below B 3.35%
    CCC 3.35%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 4.65%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.12%
Less than 1 Year
1.12%
Intermediate
94.26%
1 to 3 Years
15.65%
3 to 5 Years
35.98%
5 to 10 Years
42.63%
Long Term
3.71%
10 to 20 Years
3.71%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.91%
As of December 31, 2025
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