Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.87%
Stock 0.00%
Bond 98.39%
Convertible 0.00%
Preferred 0.00%
Other 0.73%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 24.79%
Corporate 41.31%
Securitized 32.83%
Municipal 0.00%
Other 1.07%
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Region Exposure

% Developed Markets: 96.65%    % Emerging Markets: 0.94%    % Unidentified Markets: 2.41%

Americas 94.59%
93.63%
Canada 2.89%
United States 90.74%
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 2.41%

Bond Credit Quality Exposure

AAA 11.33%
AA 32.72%
A 13.25%
BBB 25.09%
BB 3.41%
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 0.60%
Not Available 11.60%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.86%
Less than 1 Year
0.86%
Intermediate
45.48%
1 to 3 Years
8.55%
3 to 5 Years
14.30%
5 to 10 Years
22.63%
Long Term
53.62%
10 to 20 Years
18.04%
20 to 30 Years
28.83%
Over 30 Years
6.75%
Other
0.04%
As of December 31, 2025
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