Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.18%
Stock 36.58%
Bond 60.72%
Convertible 0.00%
Preferred 0.16%
Other 0.36%
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Market Capitalization

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

% Developed Markets: 94.01%    % Emerging Markets: 4.12%    % Unidentified Markets: 1.86%

Americas 77.13%
75.95%
Canada 2.41%
United States 73.55%
1.18%
Argentina 0.02%
Brazil 0.33%
Chile 0.02%
Colombia 0.03%
Mexico 0.28%
Peru 0.05%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 12.97%
United Kingdom 2.84%
9.26%
Austria 0.25%
Belgium 0.51%
Denmark 0.20%
Finland 0.27%
France 1.54%
Germany 1.20%
Greece 0.15%
Ireland 0.94%
Italy 0.75%
Netherlands 0.84%
Norway 0.08%
Portugal 0.19%
Spain 0.64%
Sweden 0.53%
Switzerland 0.90%
0.19%
Czech Republic 0.01%
Poland 0.03%
Turkey 0.05%
0.68%
Egypt 0.02%
Israel 0.07%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.16%
South Africa 0.25%
United Arab Emirates 0.09%
Greater Asia 8.03%
Japan 2.51%
0.50%
Australia 0.39%
2.56%
Hong Kong 0.26%
Singapore 0.32%
South Korea 0.70%
Taiwan 1.28%
2.46%
China 1.33%
India 0.87%
Indonesia 0.13%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.03%
Thailand 0.05%
Unidentified Region 1.86%

Bond Credit Quality Exposure

AAA 5.31%
AA 59.35%
A 5.28%
BBB 9.32%
BB 0.99%
B 0.51%
Below B 0.18%
    CCC 0.16%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 19.02%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
13.12%
Materials
1.94%
Consumer Discretionary
3.72%
Financials
6.97%
Real Estate
0.49%
Sensitive
18.50%
Communication Services
3.00%
Energy
1.54%
Industrials
5.42%
Information Technology
8.54%
Defensive
5.05%
Consumer Staples
1.58%
Health Care
2.81%
Utilities
0.66%
Not Classified
63.33%
Non Classified Equity
0.31%
Not Classified - Non Equity
63.02%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 72.72%
Corporate 13.54%
Securitized 13.41%
Municipal 0.01%
Other 0.32%
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Bond Maturity Exposure

Short Term
12.78%
Less than 1 Year
12.78%
Intermediate
55.67%
1 to 3 Years
17.11%
3 to 5 Years
17.54%
5 to 10 Years
21.02%
Long Term
31.16%
10 to 20 Years
10.12%
20 to 30 Years
17.91%
Over 30 Years
3.13%
Other
0.40%
As of December 31, 2025
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