Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.82%
Stock 0.00%
Bond 96.72%
Convertible 0.00%
Preferred 0.00%
Other 1.46%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 21.63%
Corporate 55.05%
Securitized 13.37%
Municipal 0.00%
Other 9.96%
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Region Exposure

% Developed Markets: 74.01%    % Emerging Markets: 17.52%    % Unidentified Markets: 8.47%

Americas 77.22%
65.61%
Canada 7.57%
United States 58.04%
11.62%
Argentina 4.22%
Colombia 1.90%
Mexico 1.97%
Peru 0.28%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.08%
United Kingdom 0.48%
3.52%
Greece 0.44%
Netherlands 0.47%
Switzerland 1.00%
0.00%
9.08%
Egypt 3.51%
Israel 1.01%
Saudi Arabia 4.56%
Greater Asia 1.23%
Japan 0.14%
0.94%
Australia 0.94%
0.15%
Singapore 0.15%
0.00%
Unidentified Region 8.47%

Bond Credit Quality Exposure

AAA 3.67%
AA 5.67%
A 13.14%
BBB 22.88%
BB 22.33%
B 17.13%
Below B 2.90%
    CCC 2.39%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.51%
Not Rated 0.00%
Not Available 12.29%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
15.87%
Less than 1 Year
15.87%
Intermediate
46.77%
1 to 3 Years
10.66%
3 to 5 Years
17.30%
5 to 10 Years
18.81%
Long Term
36.10%
10 to 20 Years
10.81%
20 to 30 Years
25.23%
Over 30 Years
0.07%
Other
1.26%
As of December 31, 2025
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