Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.20%
Stock 82.73%
Bond 15.15%
Convertible 0.00%
Preferred 0.09%
Other 0.83%
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Market Capitalization

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

% Developed Markets: 92.36%    % Emerging Markets: 5.32%    % Unidentified Markets: 2.32%

Americas 64.75%
62.85%
Canada 1.40%
United States 61.44%
1.90%
Argentina 0.02%
Brazil 0.49%
Chile 0.10%
Colombia 0.05%
Mexico 0.35%
Peru 0.15%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 20.77%
United Kingdom 5.24%
14.35%
Austria 0.22%
Belgium 0.31%
Denmark 0.35%
Finland 0.10%
France 3.29%
Germany 2.21%
Greece 0.08%
Ireland 1.65%
Italy 0.85%
Netherlands 2.03%
Norway 0.14%
Portugal 0.02%
Spain 0.91%
Sweden 0.38%
Switzerland 1.46%
0.33%
Czech Republic 0.01%
Poland 0.07%
Russia 0.02%
Turkey 0.09%
0.84%
Egypt 0.03%
Israel 0.13%
Nigeria 0.02%
Qatar 0.00%
Saudi Arabia 0.13%
South Africa 0.24%
United Arab Emirates 0.17%
Greater Asia 12.16%
Japan 4.18%
1.04%
Australia 0.92%
3.90%
Hong Kong 0.88%
Singapore 0.34%
South Korea 1.34%
Taiwan 1.34%
3.04%
China 1.57%
India 0.96%
Indonesia 0.19%
Kazakhstan 0.11%
Malaysia 0.03%
Pakistan 0.02%
Philippines 0.09%
Thailand 0.03%
Unidentified Region 2.32%

Bond Credit Quality Exposure

AAA 11.53%
AA 24.55%
A 6.74%
BBB 15.86%
BB 12.19%
B 5.82%
Below B 2.26%
    CCC 2.04%
    CC 0.02%
    C 0.06%
    DDD 0.00%
    DD 0.00%
    D 0.14%
Not Rated 0.28%
Not Available 20.77%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
30.32%
Materials
2.86%
Consumer Discretionary
9.40%
Financials
14.04%
Real Estate
4.01%
Sensitive
37.37%
Communication Services
5.64%
Energy
2.67%
Industrials
10.75%
Information Technology
18.31%
Defensive
16.27%
Consumer Staples
4.58%
Health Care
9.43%
Utilities
2.27%
Not Classified
16.04%
Non Classified Equity
0.16%
Not Classified - Non Equity
15.88%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 31.10%
Corporate 34.05%
Securitized 32.27%
Municipal 0.73%
Other 1.85%
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Bond Maturity Exposure

Short Term
1.64%
Less than 1 Year
1.64%
Intermediate
47.01%
1 to 3 Years
8.37%
3 to 5 Years
16.00%
5 to 10 Years
22.65%
Long Term
48.79%
10 to 20 Years
8.99%
20 to 30 Years
33.39%
Over 30 Years
6.40%
Other
2.55%
As of December 31, 2025
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