Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.42%
Stock 0.00%
Bond 98.28%
Convertible 0.00%
Preferred 0.00%
Other -1.70%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 0.00%
Securitized 92.82%
Municipal 0.00%
Other 7.18%
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Region Exposure

% Developed Markets: 72.03%    % Emerging Markets: 13.59%    % Unidentified Markets: 14.38%

Americas 72.03%
35.32%
United States 35.32%
36.71%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.59%
United Kingdom 13.59%
0.00%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 14.38%

Bond Credit Quality Exposure

AAA 2.22%
AA 2.33%
A 11.25%
BBB 45.95%
BB 12.59%
B 7.60%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 8.08%
Not Available 9.97%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
26.54%
1 to 3 Years
0.00%
3 to 5 Years
1.84%
5 to 10 Years
24.70%
Long Term
63.20%
10 to 20 Years
63.20%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
10.26%
As of December 31, 2025
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