Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.20%
Stock 0.00%
Bond 97.85%
Convertible 0.00%
Preferred 0.00%
Other 0.95%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 19.31%
Corporate 34.06%
Securitized 45.34%
Municipal 0.16%
Other 1.13%
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Region Exposure

% Developed Markets: 85.49%    % Emerging Markets: 4.15%    % Unidentified Markets: 10.36%

Americas 77.08%
73.37%
Canada 0.85%
United States 72.53%
3.71%
Argentina 0.26%
Brazil 0.95%
Colombia 0.58%
Mexico 1.13%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.74%
United Kingdom 3.06%
6.58%
Austria 0.13%
Belgium 0.60%
Denmark 0.44%
Finland 0.04%
France 2.05%
Germany 0.55%
Greece 0.00%
Ireland 0.61%
Italy 0.27%
Netherlands 0.60%
Norway 0.08%
Spain 0.30%
Sweden 0.14%
Switzerland 0.61%
0.24%
Czech Republic 0.24%
0.86%
Egypt 0.14%
Israel 0.15%
Saudi Arabia 0.21%
Greater Asia 1.82%
Japan 0.17%
1.40%
Australia 1.40%
0.25%
Hong Kong 0.00%
Singapore 0.25%
0.00%
China 0.00%
Unidentified Region 10.36%

Bond Credit Quality Exposure

AAA 4.83%
AA 18.35%
A 14.92%
BBB 16.70%
BB 6.30%
B 1.72%
Below B 0.10%
    CCC 0.09%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.28%
Not Available 36.80%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
1.16%
Less than 1 Year
1.16%
Intermediate
35.51%
1 to 3 Years
5.46%
3 to 5 Years
10.92%
5 to 10 Years
19.13%
Long Term
61.82%
10 to 20 Years
13.01%
20 to 30 Years
43.69%
Over 30 Years
5.11%
Other
1.51%
As of December 31, 2025
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