Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.30%
Stock 76.86%
Bond 20.62%
Convertible 0.00%
Preferred 0.08%
Other 1.15%
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Market Capitalization

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

% Developed Markets: 91.43%    % Emerging Markets: 5.46%    % Unidentified Markets: 3.11%

Americas 65.36%
63.30%
Canada 1.42%
United States 61.88%
2.06%
Argentina 0.02%
Brazil 0.45%
Chile 0.11%
Colombia 0.07%
Mexico 0.42%
Peru 0.16%
Venezuela 0.02%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 20.01%
United Kingdom 4.97%
13.75%
Austria 0.21%
Belgium 0.32%
Denmark 0.34%
Finland 0.12%
France 3.10%
Germany 2.06%
Greece 0.08%
Ireland 1.56%
Italy 0.86%
Netherlands 1.93%
Norway 0.13%
Portugal 0.03%
Spain 0.91%
Sweden 0.38%
Switzerland 1.37%
0.39%
Czech Republic 0.01%
Poland 0.09%
Russia 0.02%
Turkey 0.10%
0.90%
Egypt 0.04%
Israel 0.12%
Nigeria 0.03%
Qatar 0.01%
Saudi Arabia 0.14%
South Africa 0.24%
United Arab Emirates 0.16%
Greater Asia 11.52%
Japan 3.99%
1.03%
Australia 0.89%
3.59%
Hong Kong 0.82%
Singapore 0.31%
South Korea 1.21%
Taiwan 1.24%
2.91%
China 1.50%
India 0.89%
Indonesia 0.18%
Kazakhstan 0.10%
Malaysia 0.05%
Pakistan 0.02%
Philippines 0.10%
Thailand 0.03%
Unidentified Region 3.11%

Bond Credit Quality Exposure

AAA 11.52%
AA 24.59%
A 6.74%
BBB 15.85%
BB 12.19%
B 5.82%
Below B 2.25%
    CCC 2.04%
    CC 0.02%
    C 0.06%
    DDD 0.00%
    DD 0.00%
    D 0.14%
Not Rated 0.28%
Not Available 20.76%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
28.23%
Materials
2.66%
Consumer Discretionary
8.70%
Financials
13.13%
Real Estate
3.74%
Sensitive
34.81%
Communication Services
5.25%
Energy
2.49%
Industrials
9.98%
Information Technology
17.09%
Defensive
15.14%
Consumer Staples
4.27%
Health Care
8.76%
Utilities
2.12%
Not Classified
21.82%
Non Classified Equity
0.15%
Not Classified - Non Equity
21.67%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 31.19%
Corporate 34.04%
Securitized 32.20%
Municipal 0.73%
Other 1.85%
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Bond Maturity Exposure

Short Term
1.65%
Less than 1 Year
1.65%
Intermediate
47.04%
1 to 3 Years
8.38%
3 to 5 Years
15.99%
5 to 10 Years
22.66%
Long Term
48.76%
10 to 20 Years
9.00%
20 to 30 Years
33.35%
Over 30 Years
6.41%
Other
2.56%
As of December 31, 2025
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