Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.00%
Stock 75.20%
Bond 22.08%
Convertible 0.00%
Preferred 0.00%
Other 2.72%
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Market Capitalization

As of September 30, 2025
Large 43.86%
Mid 38.30%
Small 17.83%
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Region Exposure

% Developed Markets: 93.06%    % Emerging Markets: 2.67%    % Unidentified Markets: 4.27%

Americas 71.39%
69.83%
Canada 9.40%
United States 60.43%
1.56%
Brazil 0.93%
Mexico 0.63%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 15.05%
United Kingdom 5.90%
8.47%
Denmark 0.09%
Finland 0.67%
France 2.01%
Germany 0.38%
Ireland 0.54%
Italy 0.40%
Netherlands 0.20%
Norway 0.39%
Portugal 0.04%
Spain 2.17%
Sweden 0.73%
Switzerland 0.86%
0.00%
0.67%
South Africa 0.67%
Greater Asia 9.29%
Japan 3.72%
2.06%
Australia 2.06%
3.09%
Hong Kong 1.77%
Singapore 1.32%
0.43%
China 0.43%
Unidentified Region 4.27%

Bond Credit Quality Exposure

AAA 0.00%
AA 100.0%
A 0.00%
BBB 0.00%
BB 0.00%
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 0.00%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
44.35%
Materials
11.42%
Consumer Discretionary
0.00%
Financials
0.00%
Real Estate
32.93%
Sensitive
26.82%
Communication Services
1.17%
Energy
17.66%
Industrials
8.00%
Information Technology
0.00%
Defensive
18.30%
Consumer Staples
1.70%
Health Care
0.28%
Utilities
16.33%
Not Classified
10.52%
Non Classified Equity
4.12%
Not Classified - Non Equity
6.41%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 100.0%
Corporate 0.00%
Securitized 0.00%
Municipal 0.00%
Other 0.00%
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Bond Maturity Exposure

Short Term
55.51%
Less than 1 Year
55.51%
Intermediate
42.49%
1 to 3 Years
13.46%
3 to 5 Years
12.92%
5 to 10 Years
16.11%
Long Term
2.01%
10 to 20 Years
1.12%
20 to 30 Years
0.89%
Over 30 Years
0.00%
Other
0.00%
As of September 30, 2025
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