Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.11%
Stock 0.00%
Bond 96.95%
Convertible 0.00%
Preferred 0.00%
Other 0.94%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 34.80%
Corporate 24.07%
Securitized 40.13%
Municipal 0.00%
Other 1.00%
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Region Exposure

% Developed Markets: 103.7%    % Emerging Markets: 1.80%    % Unidentified Markets: -5.48%

Americas 104.6%
102.8%
Canada 1.31%
United States 101.5%
1.80%
Brazil 1.80%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.86%
United Kingdom 0.33%
0.53%
Switzerland 0.53%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region -5.48%

Bond Credit Quality Exposure

AAA 33.11%
AA 41.76%
A 12.59%
BBB 7.47%
BB 1.50%
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 0.00%
Not Available 3.57%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
3.01%
Less than 1 Year
3.01%
Intermediate
42.66%
1 to 3 Years
11.38%
3 to 5 Years
8.22%
5 to 10 Years
23.06%
Long Term
53.50%
10 to 20 Years
17.18%
20 to 30 Years
20.66%
Over 30 Years
15.66%
Other
0.83%
As of December 31, 2025
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