Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.67%
Stock 66.59%
Bond 26.29%
Convertible 0.00%
Preferred 0.43%
Other 1.01%
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Market Capitalization

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

% Developed Markets: 89.15%    % Emerging Markets: 3.61%    % Unidentified Markets: 7.24%

Americas 72.50%
70.31%
Canada 2.64%
United States 67.66%
2.20%
Argentina 0.04%
Brazil 0.71%
Chile 0.02%
Colombia 0.14%
Mexico 0.80%
Peru 0.04%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.58%
United Kingdom 4.07%
9.13%
Austria 0.05%
Belgium 0.06%
Denmark 0.38%
Finland 0.05%
France 1.67%
Germany 1.00%
Greece 0.22%
Ireland 0.84%
Italy 0.69%
Netherlands 1.44%
Norway 0.02%
Portugal 0.02%
Spain 0.60%
Sweden 0.41%
Switzerland 1.30%
0.10%
Poland 0.01%
Turkey 0.03%
0.28%
Egypt 0.03%
Israel 0.09%
Nigeria 0.01%
Qatar 0.02%
Saudi Arabia 0.02%
South Africa 0.03%
United Arab Emirates 0.02%
Greater Asia 6.69%
Japan 2.15%
0.25%
Australia 0.24%
2.85%
Hong Kong 0.19%
Singapore 0.35%
South Korea 0.41%
Taiwan 1.88%
1.44%
China 0.54%
India 0.65%
Indonesia 0.07%
Kazakhstan 0.00%
Malaysia 0.07%
Philippines 0.05%
Thailand 0.03%
Unidentified Region 7.24%

Bond Credit Quality Exposure

AAA 7.39%
AA 26.62%
A 12.19%
BBB 16.65%
BB 9.09%
B 5.01%
Below B 1.35%
    CCC 1.34%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.70%
Not Available 20.99%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
24.33%
Materials
3.58%
Consumer Discretionary
6.83%
Financials
12.68%
Real Estate
1.24%
Sensitive
37.25%
Communication Services
5.97%
Energy
2.90%
Industrials
10.60%
Information Technology
17.77%
Defensive
15.45%
Consumer Staples
5.23%
Health Care
7.68%
Utilities
2.54%
Not Classified
22.96%
Non Classified Equity
0.19%
Not Classified - Non Equity
22.77%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 29.91%
Corporate 38.26%
Securitized 30.67%
Municipal 0.89%
Other 0.27%
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Bond Maturity Exposure

Short Term
2.17%
Less than 1 Year
2.17%
Intermediate
53.88%
1 to 3 Years
11.71%
3 to 5 Years
16.98%
5 to 10 Years
25.20%
Long Term
42.47%
10 to 20 Years
10.54%
20 to 30 Years
26.77%
Over 30 Years
5.15%
Other
1.48%
As of December 31, 2025
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