Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.58%
Stock 0.00%
Bond 98.38%
Convertible 0.00%
Preferred 0.00%
Other 0.04%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 85.77%
Corporate 12.29%
Securitized 0.00%
Municipal 1.94%
Other 0.00%
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Region Exposure

% Developed Markets: 13.08%    % Emerging Markets: 86.88%    % Unidentified Markets: 0.04%

Americas 38.74%
9.44%
United States 9.44%
29.30%
Brazil 8.99%
Chile 1.49%
Colombia 4.62%
Mexico 11.70%
Peru 2.33%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 30.01%
United Kingdom 0.00%
3.64%
18.11%
Czech Republic 4.30%
Poland 7.07%
Turkey 1.34%
8.26%
South Africa 8.26%
Greater Asia 31.21%
Japan 0.00%
0.00%
0.00%
31.21%
China 4.40%
India 2.19%
Indonesia 9.90%
Malaysia 9.83%
Thailand 4.89%
Unidentified Region 0.04%

Bond Credit Quality Exposure

AAA 12.29%
AA 4.30%
A 3.97%
BBB 22.32%
BB 22.22%
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 34.90%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.79%
Less than 1 Year
0.79%
Intermediate
72.00%
1 to 3 Years
8.50%
3 to 5 Years
21.26%
5 to 10 Years
42.24%
Long Term
27.21%
10 to 20 Years
21.95%
20 to 30 Years
5.26%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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