Asset Allocation

As of December 31, 2025.
Type % Net
Cash 7.88%
Stock 0.00%
Bond 92.12%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 98.05%
Securitized 0.00%
Municipal 0.00%
Other 1.95%
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Region Exposure

% Developed Markets: 96.57%    % Emerging Markets: 0.00%    % Unidentified Markets: 3.43%

Americas 87.20%
85.91%
Canada 5.03%
United States 80.87%
1.29%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.51%
United Kingdom 1.62%
5.89%
France 1.43%
Ireland 1.48%
Netherlands 1.03%
0.00%
0.00%
Greater Asia 1.86%
Japan 0.00%
1.24%
Australia 1.24%
0.63%
Hong Kong 0.37%
Singapore 0.26%
0.00%
Unidentified Region 3.43%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 3.06%
BB 55.20%
B 36.32%
Below B 5.34%
    CCC 5.34%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 0.08%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.47%
Less than 1 Year
0.47%
Intermediate
95.52%
1 to 3 Years
10.71%
3 to 5 Years
35.84%
5 to 10 Years
48.97%
Long Term
4.01%
10 to 20 Years
0.97%
20 to 30 Years
2.16%
Over 30 Years
0.88%
Other
0.00%
As of December 31, 2025
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