Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.76%
Stock 48.15%
Bond 45.53%
Convertible 1.20%
Preferred 5.15%
Other -1.79%
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Market Capitalization

As of September 30, 2025
Large 50.97%
Mid 16.94%
Small 32.09%
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Region Exposure

% Developed Markets: 95.90%    % Emerging Markets: 3.06%    % Unidentified Markets: 1.04%

Americas 91.31%
85.38%
Canada 10.30%
United States 75.09%
5.93%
Brazil 3.04%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.89%
United Kingdom 1.80%
3.88%
France 0.82%
Germany 0.00%
Ireland 0.00%
Italy 0.00%
Netherlands 0.00%
Switzerland 0.00%
0.00%
0.21%
Israel 0.21%
Greater Asia 1.75%
Japan 0.42%
0.75%
Australia 0.75%
0.58%
Hong Kong 0.58%
Singapore 0.00%
South Korea 0.00%
Taiwan 0.00%
0.00%
Unidentified Region 1.04%

Bond Credit Quality Exposure

AAA 0.02%
AA 32.30%
A 0.44%
BBB 1.80%
BB 16.63%
B 12.27%
Below B 4.48%
    CCC 2.84%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 1.63%
Not Rated 1.23%
Not Available 30.81%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
26.39%
Materials
2.22%
Consumer Discretionary
12.42%
Financials
11.61%
Real Estate
0.14%
Sensitive
51.58%
Communication Services
7.23%
Energy
17.11%
Industrials
5.74%
Information Technology
21.50%
Defensive
18.45%
Consumer Staples
1.43%
Health Care
6.00%
Utilities
11.02%
Not Classified
3.58%
Non Classified Equity
0.17%
Not Classified - Non Equity
3.41%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 39.21%
Corporate 35.40%
Securitized 0.90%
Municipal 0.05%
Other 24.45%
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Bond Maturity Exposure

Short Term
1.42%
Less than 1 Year
1.42%
Intermediate
61.62%
1 to 3 Years
9.13%
3 to 5 Years
33.39%
5 to 10 Years
19.09%
Long Term
35.76%
10 to 20 Years
0.79%
20 to 30 Years
34.25%
Over 30 Years
0.71%
Other
1.21%
As of September 30, 2025
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