Asset Allocation

As of September 30, 2025.
Type % Net
Cash 4.14%
Stock 47.44%
Bond 46.61%
Convertible 0.00%
Preferred 0.36%
Other 1.45%
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Market Capitalization

As of September 30, 2025
Large 68.98%
Mid 17.47%
Small 13.55%
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Region Exposure

% Developed Markets: 82.37%    % Emerging Markets: 7.16%    % Unidentified Markets: 10.47%

Americas 63.29%
61.51%
Canada 43.21%
United States 18.30%
1.78%
Argentina 0.02%
Brazil 0.48%
Chile 0.07%
Colombia 0.18%
Mexico 0.45%
Peru 0.12%
Venezuela 0.02%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 16.79%
United Kingdom 4.98%
9.98%
Austria 0.03%
Belgium 0.46%
Denmark 0.19%
Finland 0.03%
France 1.72%
Germany 2.65%
Greece 0.07%
Ireland 0.45%
Italy 0.58%
Netherlands 1.74%
Norway 0.06%
Portugal 0.07%
Spain 0.48%
Sweden 0.36%
Switzerland 0.65%
0.87%
Czech Republic 0.17%
Poland 0.23%
Turkey 0.13%
0.97%
Egypt 0.05%
Israel 0.13%
Nigeria 0.02%
Qatar 0.01%
Saudi Arabia 0.13%
South Africa 0.43%
United Arab Emirates 0.09%
Greater Asia 9.46%
Japan 2.01%
0.68%
Australia 0.63%
2.88%
Hong Kong 0.48%
Singapore 0.20%
South Korea 0.79%
Taiwan 1.40%
3.89%
China 1.86%
India 1.00%
Indonesia 0.37%
Kazakhstan 0.02%
Malaysia 0.30%
Pakistan 0.01%
Philippines 0.02%
Thailand 0.28%
Unidentified Region 10.47%

Bond Credit Quality Exposure

AAA 24.02%
AA 21.77%
A 13.14%
BBB 15.75%
BB 3.50%
B 1.07%
Below B 0.36%
    CCC 0.30%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.05%
Not Rated 0.66%
Not Available 19.73%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
31.27%
Materials
9.73%
Consumer Discretionary
6.00%
Financials
13.56%
Real Estate
1.99%
Sensitive
31.78%
Communication Services
4.17%
Energy
7.05%
Industrials
9.70%
Information Technology
10.86%
Defensive
10.72%
Consumer Staples
6.40%
Health Care
2.47%
Utilities
1.86%
Not Classified
26.23%
Non Classified Equity
9.23%
Not Classified - Non Equity
17.00%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 47.48%
Corporate 27.92%
Securitized 3.90%
Municipal 14.33%
Other 6.36%
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Bond Maturity Exposure

Short Term
9.13%
Less than 1 Year
9.13%
Intermediate
60.81%
1 to 3 Years
18.83%
3 to 5 Years
12.64%
5 to 10 Years
29.34%
Long Term
27.13%
10 to 20 Years
12.90%
20 to 30 Years
10.74%
Over 30 Years
3.49%
Other
2.93%
As of September 30, 2025
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