Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.87%
Stock 0.00%
Bond 98.37%
Convertible 0.00%
Preferred 0.00%
Other 0.75%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 24.78%
Corporate 41.32%
Securitized 32.83%
Municipal 0.00%
Other 1.07%
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Region Exposure

% Developed Markets: 96.66%    % Emerging Markets: 0.94%    % Unidentified Markets: 2.40%

Americas 94.60%
93.64%
Canada 2.89%
United States 90.75%
0.96%
Argentina 0.01%
Chile 0.16%
Mexico 0.20%
Peru 0.05%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.85%
United Kingdom 1.12%
1.35%
France 0.15%
Ireland 0.33%
Norway 0.38%
0.26%
Poland 0.26%
0.12%
Egypt 0.07%
Greater Asia 0.15%
Japan 0.00%
0.00%
0.00%
Singapore 0.00%
0.15%
Kazakhstan 0.07%
Unidentified Region 2.40%

Bond Credit Quality Exposure

AAA 11.33%
AA 32.70%
A 13.25%
BBB 25.10%
BB 3.42%
B 1.97%
Below B 0.02%
    CCC 0.02%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.61%
Not Available 11.60%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.84%
Less than 1 Year
0.84%
Intermediate
45.49%
1 to 3 Years
8.55%
3 to 5 Years
14.30%
5 to 10 Years
22.64%
Long Term
53.63%
10 to 20 Years
18.05%
20 to 30 Years
28.84%
Over 30 Years
6.75%
Other
0.04%
As of December 31, 2025
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