Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.01%
Stock 0.26%
Bond 94.26%
Convertible 0.01%
Preferred 0.24%
Other 5.21%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 25.87%
Corporate 30.09%
Securitized 41.83%
Municipal 0.23%
Other 2.00%
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Region Exposure

% Developed Markets: 79.43%    % Emerging Markets: 3.37%    % Unidentified Markets: 17.20%

Americas 76.87%
74.49%
Canada 1.19%
United States 73.30%
2.39%
Colombia 0.15%
Mexico 1.07%
Peru 0.21%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.04%
United Kingdom 1.27%
2.53%
Denmark 0.00%
Finland 0.00%
France 0.56%
Germany 0.00%
Ireland 0.10%
Italy 0.24%
Netherlands 0.49%
Switzerland 0.00%
0.65%
Turkey 0.46%
0.59%
Egypt 0.13%
Israel 0.18%
United Arab Emirates 0.27%
Greater Asia 0.89%
Japan 0.00%
0.44%
Australia 0.33%
0.00%
Hong Kong 0.00%
0.44%
Unidentified Region 17.20%

Bond Credit Quality Exposure

AAA 13.33%
AA 15.82%
A 8.31%
BBB 19.57%
BB 8.41%
B 0.89%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 4.90%
Not Available 28.77%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.48%
Less than 1 Year
2.48%
Intermediate
40.45%
1 to 3 Years
6.10%
3 to 5 Years
11.93%
5 to 10 Years
22.42%
Long Term
56.18%
10 to 20 Years
20.11%
20 to 30 Years
28.15%
Over 30 Years
7.91%
Other
0.90%
As of December 31, 2025
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