Asset Allocation

As of December 31, 2025.
Type % Net
Cash 9.60%
Stock 0.00%
Bond 89.68%
Convertible 0.00%
Preferred 0.00%
Other 0.72%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 7.34%
Corporate 51.44%
Securitized 40.41%
Municipal 0.00%
Other 0.81%
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Region Exposure

% Developed Markets: 84.31%    % Emerging Markets: 3.14%    % Unidentified Markets: 12.54%

Americas 72.40%
69.17%
Canada 1.13%
United States 68.03%
3.24%
Chile 0.59%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.63%
United Kingdom 3.25%
5.83%
Denmark 0.21%
France 2.12%
Ireland 0.54%
Netherlands 2.04%
Spain 0.59%
Switzerland 0.22%
0.00%
0.54%
Saudi Arabia 0.20%
United Arab Emirates 0.34%
Greater Asia 5.43%
Japan 1.67%
0.32%
Australia 0.32%
1.67%
Singapore 0.63%
South Korea 1.04%
1.77%
India 0.32%
Indonesia 0.83%
Malaysia 0.33%
Thailand 0.29%
Unidentified Region 12.54%

Bond Credit Quality Exposure

AAA 29.86%
AA 10.50%
A 12.56%
BBB 37.81%
BB 2.49%
B 0.00%
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 6.77%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
22.67%
Less than 1 Year
22.67%
Intermediate
62.96%
1 to 3 Years
37.53%
3 to 5 Years
13.05%
5 to 10 Years
12.39%
Long Term
14.27%
10 to 20 Years
4.23%
20 to 30 Years
3.58%
Over 30 Years
6.45%
Other
0.10%
As of December 31, 2025
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