Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.89%
Stock 0.00%
Bond 97.33%
Convertible 0.00%
Preferred 0.00%
Other 0.78%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 14.56%
Corporate 36.75%
Securitized 46.02%
Municipal 2.03%
Other 0.64%
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Region Exposure

% Developed Markets: 85.84%    % Emerging Markets: 0.00%    % Unidentified Markets: 14.16%

Americas 78.21%
76.81%
Canada 3.51%
United States 73.30%
1.40%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 6.54%
United Kingdom 3.28%
3.27%
France 0.70%
Ireland 0.79%
Netherlands 1.48%
Sweden 0.19%
Switzerland 0.10%
0.00%
0.00%
Greater Asia 1.09%
Japan 0.87%
0.22%
Australia 0.22%
0.00%
0.00%
Unidentified Region 14.16%

Bond Credit Quality Exposure

AAA 39.17%
AA 19.35%
A 23.00%
BBB 14.58%
BB 0.00%
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 3.90%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
16.93%
Less than 1 Year
16.93%
Intermediate
67.38%
1 to 3 Years
47.80%
3 to 5 Years
13.51%
5 to 10 Years
6.07%
Long Term
15.68%
10 to 20 Years
10.32%
20 to 30 Years
3.13%
Over 30 Years
2.23%
Other
0.00%
As of December 31, 2025
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