Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.42%
Stock 0.00%
Bond 97.33%
Convertible 0.00%
Preferred 0.00%
Other 2.24%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 53.64%
Corporate 33.61%
Securitized 11.56%
Municipal 0.91%
Other 0.28%
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Region Exposure

% Developed Markets: 80.86%    % Emerging Markets: 16.89%    % Unidentified Markets: 2.25%

Americas 47.83%
42.31%
Canada 8.33%
United States 33.98%
5.51%
Brazil 1.14%
Mexico 1.06%
Peru 1.17%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 30.76%
United Kingdom 5.59%
20.94%
Belgium 1.83%
Finland 0.24%
France 3.73%
Germany 1.08%
Greece 1.48%
Ireland 1.57%
Italy 4.14%
Netherlands 1.82%
Spain 3.35%
Sweden 0.19%
Switzerland 0.29%
3.14%
Czech Republic 1.34%
Poland 0.62%
1.08%
Saudi Arabia 0.34%
South Africa 0.74%
Greater Asia 19.17%
Japan 4.41%
2.32%
Australia 1.98%
5.19%
South Korea 4.87%
7.25%
China 6.32%
India 0.30%
Kazakhstan 0.33%
Thailand 0.30%
Unidentified Region 2.25%

Bond Credit Quality Exposure

AAA 6.72%
AA 15.71%
A 20.57%
BBB 23.16%
BB 3.82%
B 0.24%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.59%
Not Available 29.18%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
4.29%
Less than 1 Year
4.29%
Intermediate
60.25%
1 to 3 Years
1.24%
3 to 5 Years
17.70%
5 to 10 Years
41.30%
Long Term
35.38%
10 to 20 Years
16.24%
20 to 30 Years
17.67%
Over 30 Years
1.47%
Other
0.08%
As of December 31, 2025
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