Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.05%
Stock 0.00%
Bond 95.67%
Convertible 0.00%
Preferred 0.00%
Other 3.28%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 10.26%
Corporate 86.96%
Securitized 0.00%
Municipal 0.33%
Other 2.46%
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Region Exposure

% Developed Markets: 93.49%    % Emerging Markets: 4.38%    % Unidentified Markets: 2.14%

Americas 86.72%
84.01%
Canada 1.18%
United States 82.83%
2.71%
Chile 0.35%
Mexico 1.41%
Peru 0.33%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.47%
United Kingdom 2.90%
5.17%
Finland 0.24%
France 0.52%
Ireland 0.63%
Italy 0.38%
Netherlands 1.78%
Spain 0.23%
Switzerland 0.46%
0.15%
1.25%
Israel 0.24%
Qatar 0.17%
Saudi Arabia 0.18%
South Africa 0.14%
United Arab Emirates 0.20%
Greater Asia 1.67%
Japan 0.23%
0.00%
0.49%
Hong Kong 0.17%
Singapore 0.32%
0.96%
China 0.13%
Indonesia 0.40%
Kazakhstan 0.30%
Malaysia 0.14%
Unidentified Region 2.14%

Bond Credit Quality Exposure

AAA 0.06%
AA 10.22%
A 32.55%
BBB 55.23%
BB 1.72%
B 0.22%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 0.00%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
3.90%
1 to 3 Years
0.00%
3 to 5 Years
0.00%
5 to 10 Years
3.90%
Long Term
96.10%
10 to 20 Years
28.15%
20 to 30 Years
57.37%
Over 30 Years
10.58%
Other
0.00%
As of December 31, 2025
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