Asset Allocation

As of October 31, 2025.
Type % Net
Cash 1.39%
Stock 64.51%
Bond 33.40%
Convertible 0.00%
Preferred 0.00%
Other 0.69%
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Market Capitalization

As of October 31, 2025
Large 34.20%
Mid 33.61%
Small 32.20%
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Region Exposure

% Developed Markets: 96.08%    % Emerging Markets: 1.68%    % Unidentified Markets: 2.24%

Americas 67.05%
65.73%
Canada 8.92%
United States 56.81%
1.32%
Brazil 0.11%
Mexico 0.47%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 22.70%
United Kingdom 9.80%
12.22%
Belgium 0.33%
France 3.07%
Germany 0.79%
Greece 0.20%
Ireland 0.88%
Italy 2.99%
Netherlands 0.42%
Spain 3.22%
Sweden 0.31%
0.00%
0.68%
South Africa 0.68%
Greater Asia 8.01%
Japan 2.32%
3.41%
Australia 2.75%
1.86%
Hong Kong 1.09%
Singapore 0.77%
0.42%
China 0.19%
Thailand 0.23%
Unidentified Region 2.24%

Bond Credit Quality Exposure

AAA 3.67%
AA 44.14%
A 10.20%
BBB 5.73%
BB 19.33%
B 6.43%
Below B 1.04%
    CCC 1.04%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 9.46%
Short Term 0.00%
As of October 31, 2025
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Stock Sector Exposure

Cyclical
49.82%
Materials
21.98%
Consumer Discretionary
0.58%
Financials
0.48%
Real Estate
26.79%
Sensitive
28.34%
Communication Services
1.56%
Energy
17.20%
Industrials
7.82%
Information Technology
1.75%
Defensive
17.08%
Consumer Staples
0.98%
Health Care
0.00%
Utilities
16.10%
Not Classified
4.76%
Non Classified Equity
2.51%
Not Classified - Non Equity
2.25%
As of October 31, 2025
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 67.95%
Corporate 28.99%
Securitized 2.37%
Municipal 0.00%
Other 0.69%
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Bond Maturity Exposure

Short Term
20.64%
Less than 1 Year
20.64%
Intermediate
63.97%
1 to 3 Years
11.59%
3 to 5 Years
22.24%
5 to 10 Years
30.14%
Long Term
15.39%
10 to 20 Years
5.50%
20 to 30 Years
8.51%
Over 30 Years
1.39%
Other
0.00%
As of October 31, 2025
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