Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.98%
Stock 0.16%
Bond 92.79%
Convertible 0.00%
Preferred 0.00%
Other 3.06%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 94.99%
Corporate 3.44%
Securitized 0.00%
Municipal 0.00%
Other 1.57%
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Region Exposure

% Developed Markets: 6.24%    % Emerging Markets: 86.55%    % Unidentified Markets: 7.21%

Americas 30.86%
5.25%
United States 5.25%
25.61%
Brazil 7.77%
Chile 1.83%
Colombia 4.58%
Mexico 8.90%
Peru 2.16%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 30.03%
United Kingdom 1.21%
0.00%
19.96%
Czech Republic 4.83%
Poland 4.40%
Turkey 1.67%
8.86%
Egypt 0.44%
South Africa 7.31%
Greater Asia 31.91%
Japan 0.00%
0.00%
0.00%
31.91%
China 3.55%
India 4.33%
Indonesia 8.69%
Malaysia 6.61%
Philippines 1.39%
Thailand 6.67%
Unidentified Region 7.21%

Bond Credit Quality Exposure

AAA 2.44%
AA 7.17%
A 6.09%
BBB 29.42%
BB 22.62%
B 0.00%
Below B 0.19%
    CCC 0.19%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 32.07%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
5.19%
Less than 1 Year
5.19%
Intermediate
74.88%
1 to 3 Years
6.87%
3 to 5 Years
20.41%
5 to 10 Years
47.60%
Long Term
19.93%
10 to 20 Years
13.54%
20 to 30 Years
6.39%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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