Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.08%
Stock 0.02%
Bond 98.21%
Convertible 0.00%
Preferred 0.00%
Other 0.69%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.13%
Corporate 98.63%
Securitized 0.00%
Municipal 0.00%
Other 1.24%
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Region Exposure

% Developed Markets: 95.73%    % Emerging Markets: 0.47%    % Unidentified Markets: 3.79%

Americas 86.08%
84.52%
Canada 3.33%
United States 81.20%
1.56%
Brazil 0.30%
Chile 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.84%
United Kingdom 2.94%
4.87%
Austria 0.03%
Denmark 0.11%
Finland 0.01%
France 0.72%
Germany 0.31%
Greece 0.03%
Ireland 0.72%
Italy 0.18%
Netherlands 1.35%
Norway 0.02%
Spain 0.04%
Switzerland 0.02%
0.00%
0.03%
Israel 0.02%
Greater Asia 2.29%
Japan 1.12%
0.53%
Australia 0.53%
0.64%
Hong Kong 0.26%
Singapore 0.14%
0.00%
Unidentified Region 3.79%

Bond Credit Quality Exposure

AAA 0.50%
AA 0.02%
A 3.40%
BBB 9.79%
BB 48.69%
B 30.13%
Below B 7.32%
    CCC 7.26%
    CC 0.02%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.03%
Not Rated 0.00%
Not Available 0.15%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.22%
Less than 1 Year
0.22%
Intermediate
91.52%
1 to 3 Years
17.21%
3 to 5 Years
36.97%
5 to 10 Years
37.34%
Long Term
8.12%
10 to 20 Years
5.40%
20 to 30 Years
1.63%
Over 30 Years
1.10%
Other
0.14%
As of December 31, 2025
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