Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.79%
Stock 24.12%
Bond 69.64%
Convertible 0.00%
Preferred 0.14%
Other 0.32%
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Market Capitalization

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

% Developed Markets: 90.29%    % Emerging Markets: 3.48%    % Unidentified Markets: 6.22%

Americas 76.81%
75.05%
Canada 1.90%
United States 73.15%
1.76%
Argentina 0.02%
Brazil 0.23%
Chile 0.02%
Colombia 0.03%
Mexico 0.41%
Peru 0.04%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.83%
United Kingdom 2.40%
7.72%
Austria 0.23%
Belgium 0.42%
Denmark 0.15%
Finland 0.23%
France 1.27%
Germany 0.93%
Greece 0.14%
Ireland 0.86%
Italy 0.68%
Netherlands 0.66%
Norway 0.08%
Portugal 0.19%
Spain 0.48%
Sweden 0.41%
Switzerland 0.69%
0.17%
Czech Republic 0.01%
Poland 0.03%
Turkey 0.04%
0.54%
Egypt 0.02%
Israel 0.05%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.14%
South Africa 0.19%
United Arab Emirates 0.07%
Greater Asia 6.13%
Japan 1.93%
0.43%
Australia 0.33%
1.97%
Hong Kong 0.18%
Singapore 0.27%
South Korea 0.52%
Taiwan 1.00%
1.79%
China 0.98%
India 0.60%
Indonesia 0.10%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.02%
Thailand 0.04%
Unidentified Region 6.22%

Bond Credit Quality Exposure

AAA 7.46%
AA 62.63%
A 5.10%
BBB 10.05%
BB 1.10%
B 0.44%
Below B 0.18%
    CCC 0.16%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.09%
Not Available 12.94%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
8.64%
Materials
1.38%
Consumer Discretionary
2.28%
Financials
4.74%
Real Estate
0.25%
Sensitive
12.37%
Communication Services
2.21%
Energy
1.05%
Industrials
3.85%
Information Technology
5.26%
Defensive
3.17%
Consumer Staples
1.00%
Health Care
1.76%
Utilities
0.41%
Not Classified
75.81%
Non Classified Equity
0.22%
Not Classified - Non Equity
75.60%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 72.03%
Corporate 13.04%
Securitized 14.64%
Municipal 0.00%
Other 0.28%
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Bond Maturity Exposure

Short Term
12.27%
Less than 1 Year
12.27%
Intermediate
59.81%
1 to 3 Years
17.35%
3 to 5 Years
22.39%
5 to 10 Years
20.07%
Long Term
27.52%
10 to 20 Years
10.25%
20 to 30 Years
15.15%
Over 30 Years
2.12%
Other
0.40%
As of December 31, 2025
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