Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.77%
Stock 24.13%
Bond 69.59%
Convertible 0.00%
Preferred 0.18%
Other 0.33%
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Market Capitalization

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

% Developed Markets: 90.24%    % Emerging Markets: 3.48%    % Unidentified Markets: 6.28%

Americas 76.86%
75.10%
Canada 1.88%
United States 73.22%
1.75%
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 10.82%
United Kingdom 2.39%
7.71%
Austria 0.23%
Belgium 0.40%
Denmark 0.15%
Finland 0.23%
France 1.28%
Germany 0.92%
Greece 0.14%
Ireland 0.85%
Italy 0.68%
Netherlands 0.66%
Norway 0.08%
Portugal 0.19%
Spain 0.48%
Sweden 0.41%
Switzerland 0.72%
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 6.04%
Japan 1.94%
0.43%
Australia 0.33%
1.87%
Hong Kong 0.18%
Singapore 0.26%
South Korea 0.51%
Taiwan 0.93%
1.79%
China 0.96%
India 0.62%
Indonesia 0.10%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.02%
Thailand 0.04%
Unidentified Region 6.28%

Bond Credit Quality Exposure

AAA 7.46%
AA 62.64%
A 5.11%
BBB 10.06%
BB 1.09%
B 0.43%
Below B 0.17%
    CCC 0.16%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.09%
Not Available 12.93%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
8.67%
Materials
1.35%
Consumer Discretionary
2.40%
Financials
4.66%
Real Estate
0.26%
Sensitive
12.30%
Communication Services
2.09%
Energy
1.04%
Industrials
3.71%
Information Technology
5.47%
Defensive
3.21%
Consumer Staples
1.01%
Health Care
1.83%
Utilities
0.37%
Not Classified
75.82%
Non Classified Equity
0.27%
Not Classified - Non Equity
75.55%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 72.04%
Corporate 13.03%
Securitized 14.65%
Municipal 0.00%
Other 0.28%
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Bond Maturity Exposure

Short Term
12.26%
Less than 1 Year
12.26%
Intermediate
59.81%
1 to 3 Years
17.37%
3 to 5 Years
22.39%
5 to 10 Years
20.05%
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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