Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.43%
Stock 0.00%
Bond 96.66%
Convertible 0.00%
Preferred 0.10%
Other 0.81%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 2.25%
Corporate 91.90%
Securitized 1.87%
Municipal 0.00%
Other 3.97%
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Region Exposure

% Developed Markets: 94.57%    % Emerging Markets: 1.49%    % Unidentified Markets: 3.94%

Americas 91.31%
87.85%
Canada 3.74%
United States 84.12%
3.46%
Chile 0.66%
Mexico 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.84%
United Kingdom 1.44%
1.40%
Austria 0.00%
France 0.01%
Germany 0.00%
Ireland 0.83%
Italy 0.00%
Netherlands 0.38%
Norway 0.00%
Spain 0.00%
0.00%
0.00%
Israel 0.00%
Greater Asia 1.91%
Japan 1.17%
0.32%
Australia 0.32%
0.42%
Hong Kong 0.01%
Singapore 0.41%
0.00%
Unidentified Region 3.94%

Bond Credit Quality Exposure

AAA 0.00%
AA 2.78%
A 0.00%
BBB 6.73%
BB 64.63%
B 22.55%
Below B 0.19%
    CCC 0.19%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 3.12%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
9.16%
Less than 1 Year
9.16%
Intermediate
86.35%
1 to 3 Years
51.25%
3 to 5 Years
29.42%
5 to 10 Years
5.68%
Long Term
2.59%
10 to 20 Years
0.00%
20 to 30 Years
1.02%
Over 30 Years
1.57%
Other
1.89%
As of December 31, 2025
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