Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.14%
Stock 0.07%
Bond 97.63%
Convertible 0.00%
Preferred 0.00%
Other 2.15%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 24.36%
Corporate 25.39%
Securitized 47.62%
Municipal 0.35%
Other 2.29%
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Region Exposure

% Developed Markets: 78.81%    % Emerging Markets: 4.03%    % Unidentified Markets: 17.15%

Americas 66.72%
61.02%
Canada 0.89%
United States 60.13%
5.70%
Argentina 0.25%
Brazil 0.21%
Colombia 0.33%
Mexico 0.34%
Venezuela 0.12%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 15.02%
United Kingdom 1.73%
11.62%
Belgium 0.07%
France 0.77%
Germany 0.20%
Ireland 8.50%
Italy 0.12%
Netherlands 0.71%
Norway 0.67%
Spain 0.42%
Switzerland 0.05%
0.39%
1.29%
Egypt 0.17%
Israel 0.10%
South Africa 0.49%
United Arab Emirates 0.03%
Greater Asia 1.10%
Japan 0.62%
0.15%
Australia 0.15%
0.00%
Singapore 0.00%
0.33%
India 0.04%
Indonesia 0.24%
Kazakhstan 0.00%
Philippines 0.04%
Unidentified Region 17.15%

Bond Credit Quality Exposure

AAA 32.49%
AA 21.55%
A 6.13%
BBB 13.49%
BB 7.64%
B 3.44%
Below B 1.04%
    CCC 1.04%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.45%
Not Available 13.78%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
8.66%
Less than 1 Year
8.66%
Intermediate
50.45%
1 to 3 Years
25.82%
3 to 5 Years
13.81%
5 to 10 Years
10.81%
Long Term
40.27%
10 to 20 Years
21.98%
20 to 30 Years
12.38%
Over 30 Years
5.91%
Other
0.63%
As of December 31, 2025
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