Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.86%
Stock 47.65%
Bond 49.67%
Convertible 0.00%
Preferred 0.04%
Other 0.78%
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Market Capitalization

Large --
Mid --
Small --
No Data Available
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Region Exposure

% Developed Markets: 91.63%    % Emerging Markets: 3.03%    % Unidentified Markets: 5.34%

Americas 70.92%
69.22%
Canada 1.52%
United States 67.70%
1.70%
Argentina 0.02%
Brazil 0.09%
Chile 0.10%
Colombia 0.07%
Mexico 0.60%
Peru 0.06%
Venezuela 0.02%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 17.30%
United Kingdom 4.22%
12.24%
Austria 0.22%
Belgium 0.45%
Denmark 0.26%
Finland 0.22%
France 2.51%
Germany 1.50%
Greece 0.01%
Ireland 1.27%
Italy 1.12%
Netherlands 1.56%
Norway 0.10%
Portugal 0.06%
Spain 1.12%
Sweden 0.40%
Switzerland 1.17%
0.31%
Czech Republic 0.03%
Poland 0.08%
Russia 0.00%
Turkey 0.08%
0.53%
Egypt 0.04%
Israel 0.05%
Nigeria 0.03%
Qatar 0.01%
Saudi Arabia 0.12%
South Africa 0.08%
United Arab Emirates 0.04%
Greater Asia 6.44%
Japan 3.39%
0.95%
Australia 0.70%
1.03%
Hong Kong 0.42%
Singapore 0.13%
South Korea 0.17%
Taiwan 0.30%
1.07%
China 0.57%
India 0.16%
Indonesia 0.09%
Kazakhstan 0.02%
Malaysia 0.07%
Pakistan 0.02%
Philippines 0.04%
Thailand 0.05%
Unidentified Region 5.34%

Bond Credit Quality Exposure

AAA 11.74%
AA 30.88%
A 7.16%
BBB 15.51%
BB 9.76%
B 3.67%
Below B 1.37%
    CCC 1.24%
    CC 0.01%
    C 0.03%
    DDD 0.00%
    DD 0.00%
    D 0.08%
Not Rated 0.24%
Not Available 19.67%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
17.17%
Materials
1.65%
Consumer Discretionary
4.52%
Financials
8.94%
Real Estate
2.06%
Sensitive
20.92%
Communication Services
3.05%
Energy
1.64%
Industrials
5.89%
Information Technology
10.33%
Defensive
10.11%
Consumer Staples
3.03%
Health Care
5.55%
Utilities
1.53%
Not Classified
51.81%
Non Classified Equity
0.08%
Not Classified - Non Equity
51.73%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 35.65%
Corporate 32.82%
Securitized 29.00%
Municipal 0.65%
Other 1.89%
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Bond Maturity Exposure

Short Term
4.47%
Less than 1 Year
4.47%
Intermediate
48.65%
1 to 3 Years
14.14%
3 to 5 Years
16.41%
5 to 10 Years
18.10%
Long Term
43.94%
10 to 20 Years
7.58%
20 to 30 Years
28.87%
Over 30 Years
7.49%
Other
2.93%
As of December 31, 2025
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