Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.77%
Stock 52.54%
Bond 44.76%
Convertible 0.00%
Preferred 0.05%
Other 0.88%
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Market Capitalization

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

% Developed Markets: 91.15%    % Emerging Markets: 3.91%    % Unidentified Markets: 4.93%

Americas 69.62%
67.64%
Canada 1.52%
United States 66.12%
1.98%
Argentina 0.03%
Brazil 0.16%
Chile 0.12%
Colombia 0.09%
Mexico 0.61%
Peru 0.10%
Venezuela 0.02%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 17.93%
United Kingdom 4.33%
12.48%
Austria 0.22%
Belgium 0.43%
Denmark 0.27%
Finland 0.20%
France 2.62%
Germany 1.61%
Greece 0.02%
Ireland 1.30%
Italy 1.07%
Netherlands 1.62%
Norway 0.11%
Portugal 0.06%
Spain 1.07%
Sweden 0.40%
Switzerland 1.19%
0.40%
Czech Republic 0.02%
Poland 0.10%
Russia 0.01%
Turkey 0.11%
0.72%
Egypt 0.05%
Israel 0.07%
Nigeria 0.04%
Qatar 0.01%
Saudi Arabia 0.13%
South Africa 0.13%
United Arab Emirates 0.07%
Greater Asia 7.51%
Japan 3.51%
0.99%
Australia 0.75%
1.53%
Hong Kong 0.49%
Singapore 0.16%
South Korea 0.38%
Taiwan 0.48%
1.48%
China 0.75%
India 0.30%
Indonesia 0.12%
Kazakhstan 0.04%
Malaysia 0.07%
Pakistan 0.03%
Philippines 0.06%
Thailand 0.05%
Unidentified Region 4.93%

Bond Credit Quality Exposure

AAA 11.59%
AA 29.05%
A 6.98%
BBB 15.53%
BB 10.58%
B 4.36%
Below B 1.65%
    CCC 1.49%
    CC 0.02%
    C 0.04%
    DDD 0.00%
    DD 0.00%
    D 0.10%
Not Rated 0.25%
Not Available 20.00%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
19.02%
Materials
1.84%
Consumer Discretionary
5.26%
Financials
9.54%
Real Estate
2.37%
Sensitive
23.31%
Communication Services
3.41%
Energy
1.78%
Industrials
6.63%
Information Technology
11.49%
Defensive
10.86%
Consumer Staples
3.20%
Health Care
6.04%
Utilities
1.62%
Not Classified
46.81%
Non Classified Equity
0.10%
Not Classified - Non Equity
46.72%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 34.62%
Corporate 33.21%
Securitized 29.64%
Municipal 0.67%
Other 1.86%
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Bond Maturity Exposure

Short Term
3.58%
Less than 1 Year
3.58%
Intermediate
48.21%
1 to 3 Years
12.17%
3 to 5 Years
16.11%
5 to 10 Years
19.93%
Long Term
45.38%
10 to 20 Years
8.09%
20 to 30 Years
30.13%
Over 30 Years
7.17%
Other
2.83%
As of December 31, 2025
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