Asset Allocation

As of December 31, 2025.
Type % Net
Cash -16.36%
Stock 0.00%
Bond 92.22%
Convertible 0.00%
Preferred 0.00%
Other 24.14%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 1.02%
Corporate 7.63%
Securitized 91.35%
Municipal 0.00%
Other 0.00%
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Region Exposure

% Developed Markets: 46.08%    % Emerging Markets: 0.00%    % Unidentified Markets: 53.92%

Americas 45.01%
42.29%
United States 42.29%
2.72%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.07%
United Kingdom 0.00%
1.07%
Ireland 1.07%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 53.92%

Bond Credit Quality Exposure

AAA 29.07%
AA 12.78%
A 14.05%
BBB 11.34%
BB 3.76%
B 1.78%
Below B 0.82%
    CCC 0.82%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 6.79%
Not Available 19.62%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.06%
Less than 1 Year
2.06%
Intermediate
9.67%
1 to 3 Years
1.93%
3 to 5 Years
1.48%
5 to 10 Years
6.26%
Long Term
87.87%
10 to 20 Years
34.77%
20 to 30 Years
45.51%
Over 30 Years
7.59%
Other
0.40%
As of December 31, 2025
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