Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.21%
Stock 44.59%
Bond 34.08%
Convertible 0.00%
Preferred 0.06%
Other 20.06%
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Market Capitalization

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

% Developed Markets: 75.99%    % Emerging Markets: 3.58%    % Unidentified Markets: 20.43%

Americas 69.71%
68.35%
Canada 43.45%
United States 24.90%
1.36%
Argentina 0.00%
Brazil 0.23%
Chile 0.10%
Colombia 0.04%
Mexico 0.19%
Peru 0.06%
Venezuela 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.71%
United Kingdom 0.74%
2.45%
Austria 0.02%
Belgium 0.03%
Denmark 0.06%
Finland 0.02%
France 0.28%
Germany 0.28%
Ireland 0.53%
Italy 0.09%
Netherlands 0.53%
Norway 0.04%
Portugal 0.00%
Spain 0.09%
Sweden 0.04%
Switzerland 0.36%
0.18%
Czech Republic 0.04%
Poland 0.04%
Russia 0.00%
Turkey 0.03%
0.34%
Egypt 0.03%
Israel 0.05%
Nigeria 0.05%
Qatar 0.03%
Saudi Arabia 0.01%
South Africa 0.09%
United Arab Emirates 0.01%
Greater Asia 6.15%
Japan 2.60%
0.19%
Australia 0.17%
1.06%
Hong Kong 0.32%
Singapore 0.08%
South Korea 0.16%
Taiwan 0.47%
2.30%
China 1.96%
India 0.07%
Indonesia 0.10%
Kazakhstan 0.00%
Malaysia 0.06%
Pakistan 0.00%
Philippines 0.05%
Thailand 0.05%
Unidentified Region 20.43%

Bond Credit Quality Exposure

AAA 26.21%
AA 14.34%
A 13.73%
BBB 22.55%
BB 5.40%
B 1.83%
Below B 0.84%
    CCC 0.62%
    CC 0.22%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.18%
Not Available 13.93%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
19.56%
Materials
4.23%
Consumer Discretionary
4.71%
Financials
9.76%
Real Estate
0.86%
Sensitive
24.53%
Communication Services
3.95%
Energy
3.76%
Industrials
6.25%
Information Technology
10.57%
Defensive
5.63%
Consumer Staples
1.40%
Health Care
2.96%
Utilities
1.27%
Not Classified
50.27%
Non Classified Equity
0.25%
Not Classified - Non Equity
50.02%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 26.64%
Corporate 41.20%
Securitized 10.62%
Municipal 13.21%
Other 8.33%
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Bond Maturity Exposure

Short Term
3.19%
Less than 1 Year
3.19%
Intermediate
63.07%
1 to 3 Years
15.73%
3 to 5 Years
18.42%
5 to 10 Years
28.93%
Long Term
32.14%
10 to 20 Years
10.30%
20 to 30 Years
16.72%
Over 30 Years
5.12%
Other
1.61%
As of December 31, 2025
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