Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.69%
Stock 62.44%
Bond 32.51%
Convertible 0.00%
Preferred 0.09%
Other 3.27%
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Market Capitalization

As of September 30, 2025
Large 69.85%
Mid 17.69%
Small 12.46%
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Region Exposure

% Developed Markets: 87.04%    % Emerging Markets: 6.43%    % Unidentified Markets: 6.53%

Americas 72.10%
70.20%
Canada 48.38%
United States 21.82%
1.90%
Argentina 0.01%
Brazil 0.51%
Chile 0.08%
Colombia 0.23%
Mexico 0.44%
Peru 0.09%
Venezuela 0.02%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.79%
United Kingdom 6.09%
5.84%
Austria 0.01%
Belgium 0.27%
Denmark 0.08%
Finland 0.03%
France 1.79%
Germany 1.21%
Greece 0.02%
Ireland 0.35%
Italy 0.33%
Netherlands 0.68%
Norway 0.02%
Portugal 0.01%
Spain 0.11%
Sweden 0.14%
Switzerland 0.67%
0.86%
Czech Republic 0.15%
Poland 0.23%
Turkey 0.13%
0.99%
Egypt 0.05%
Israel 0.22%
Nigeria 0.01%
Qatar 0.03%
Saudi Arabia 0.13%
South Africa 0.39%
United Arab Emirates 0.06%
Greater Asia 7.59%
Japan 1.64%
0.52%
Australia 0.51%
2.22%
Hong Kong 0.32%
Singapore 0.17%
South Korea 0.58%
Taiwan 1.15%
3.22%
China 1.13%
India 1.23%
Indonesia 0.29%
Kazakhstan 0.00%
Malaysia 0.28%
Pakistan 0.01%
Philippines 0.02%
Thailand 0.23%
Unidentified Region 6.53%

Bond Credit Quality Exposure

AAA 27.63%
AA 23.39%
A 13.04%
BBB 14.91%
BB 6.16%
B 2.19%
Below B 0.86%
    CCC 0.69%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.16%
Not Rated 0.64%
Not Available 11.18%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
33.90%
Materials
7.08%
Consumer Discretionary
4.75%
Financials
15.69%
Real Estate
6.38%
Sensitive
31.32%
Communication Services
5.20%
Energy
6.23%
Industrials
9.82%
Information Technology
10.08%
Defensive
21.01%
Consumer Staples
12.54%
Health Care
4.51%
Utilities
3.97%
Not Classified
13.77%
Non Classified Equity
3.74%
Not Classified - Non Equity
10.03%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 44.93%
Corporate 28.39%
Securitized 2.42%
Municipal 16.55%
Other 7.70%
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Bond Maturity Exposure

Short Term
3.74%
Less than 1 Year
3.74%
Intermediate
59.54%
1 to 3 Years
10.98%
3 to 5 Years
14.51%
5 to 10 Years
34.06%
Long Term
32.70%
10 to 20 Years
13.14%
20 to 30 Years
14.98%
Over 30 Years
4.57%
Other
4.02%
As of September 30, 2025
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