Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.58%
Stock 0.00%
Bond 98.51%
Convertible 0.00%
Preferred 0.00%
Other 0.91%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 25.21%
Corporate 31.92%
Securitized 4.12%
Municipal 31.72%
Other 7.03%
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Region Exposure

% Developed Markets: 97.16%    % Emerging Markets: 0.17%    % Unidentified Markets: 2.67%

Americas 95.99%
94.78%
Canada 87.92%
United States 6.87%
1.21%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.16%
United Kingdom 0.50%
0.66%
France 0.44%
Ireland 0.22%
0.00%
0.00%
Greater Asia 0.18%
Japan 0.00%
0.18%
Australia 0.18%
0.00%
0.00%
Unidentified Region 2.67%

Bond Credit Quality Exposure

AAA 22.87%
AA 21.87%
A 26.66%
BBB 17.73%
BB 3.56%
B 1.31%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.77%
Not Available 5.22%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.38%
Less than 1 Year
1.38%
Intermediate
64.24%
1 to 3 Years
6.45%
3 to 5 Years
29.62%
5 to 10 Years
28.17%
Long Term
34.38%
10 to 20 Years
12.63%
20 to 30 Years
17.47%
Over 30 Years
4.27%
Other
0.00%
As of December 31, 2025
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