Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 101.9%
Convertible 0.00%
Preferred 0.00%
Other -1.88%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 8.26%
Corporate 31.61%
Securitized 57.01%
Municipal 0.00%
Other 3.11%
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Region Exposure

% Developed Markets: 89.48%    % Emerging Markets: 1.69%    % Unidentified Markets: 8.83%

Americas 87.18%
84.96%
Canada 1.22%
United States 83.73%
2.23%
Brazil 0.27%
Mexico 0.58%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.60%
United Kingdom 1.75%
1.59%
France 0.23%
Netherlands 0.70%
Switzerland 0.12%
0.00%
0.26%
Saudi Arabia 0.09%
Greater Asia 0.39%
Japan 0.15%
0.14%
Australia 0.14%
0.00%
0.10%
Indonesia 0.10%
Unidentified Region 8.83%

Bond Credit Quality Exposure

AAA 10.07%
AA 14.34%
A 8.84%
BBB 28.76%
BB 6.83%
B 0.16%
Below B 0.68%
    CCC 0.68%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.48%
Not Available 29.84%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.71%
Less than 1 Year
0.71%
Intermediate
30.34%
1 to 3 Years
1.68%
3 to 5 Years
6.17%
5 to 10 Years
22.49%
Long Term
66.53%
10 to 20 Years
19.71%
20 to 30 Years
43.43%
Over 30 Years
3.39%
Other
2.42%
As of December 31, 2025
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