Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.49%
Stock 63.77%
Bond 31.49%
Convertible 0.00%
Preferred 2.26%
Other 0.98%
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Market Capitalization

As of September 30, 2025
Large 91.07%
Mid 7.85%
Small 1.07%
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Region Exposure

% Developed Markets: 38.37%    % Emerging Markets: 60.33%    % Unidentified Markets: 1.31%

Americas 25.81%
7.86%
Canada 0.00%
United States 7.86%
17.95%
Argentina 0.78%
Brazil 4.86%
Chile 1.85%
Colombia 1.99%
Mexico 4.01%
Peru 0.42%
Venezuela 0.17%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 20.49%
United Kingdom 0.01%
2.73%
Greece 1.42%
Ireland 0.11%
Netherlands 0.55%
Norway 0.00%
Spain 0.12%
Sweden 0.00%
Switzerland 0.00%
6.94%
Czech Republic 0.15%
Poland 2.76%
Turkey 1.90%
10.81%
Egypt 0.97%
Israel 0.35%
Nigeria 0.67%
Qatar 0.01%
Saudi Arabia 0.37%
South Africa 1.90%
United Arab Emirates 3.67%
Greater Asia 52.40%
Japan 0.02%
0.01%
Australia 0.01%
23.18%
Hong Kong 3.22%
Singapore 0.18%
South Korea 8.74%
Taiwan 11.03%
29.19%
China 18.98%
India 8.14%
Indonesia 0.41%
Malaysia 0.43%
Pakistan 0.13%
Philippines 0.16%
Thailand 0.06%
Unidentified Region 1.31%

Bond Credit Quality Exposure

AAA 0.00%
AA 1.57%
A 3.49%
BBB 20.87%
BB 31.37%
B 13.39%
Below B 7.35%
    CCC 6.86%
    CC 0.00%
    C 0.13%
    DDD 0.00%
    DD 0.00%
    D 0.35%
Not Rated 0.41%
Not Available 21.54%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
41.46%
Materials
2.40%
Consumer Discretionary
10.46%
Financials
25.45%
Real Estate
3.15%
Sensitive
52.14%
Communication Services
14.63%
Energy
4.75%
Industrials
5.63%
Information Technology
27.13%
Defensive
5.18%
Consumer Staples
1.59%
Health Care
2.42%
Utilities
1.17%
Not Classified
1.21%
Non Classified Equity
0.00%
Not Classified - Non Equity
1.21%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 86.20%
Corporate 13.19%
Securitized 0.00%
Municipal 0.61%
Other 0.00%
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Bond Maturity Exposure

Short Term
22.24%
Less than 1 Year
22.24%
Intermediate
49.45%
1 to 3 Years
8.04%
3 to 5 Years
18.69%
5 to 10 Years
22.72%
Long Term
28.31%
10 to 20 Years
14.05%
20 to 30 Years
12.89%
Over 30 Years
1.37%
Other
0.00%
As of September 30, 2025
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