Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.61%
Stock 66.36%
Bond 26.69%
Convertible 0.04%
Preferred 0.82%
Other 2.48%
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Market Capitalization

As of December 31, 2025
Large 58.01%
Mid 16.02%
Small 25.96%
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Region Exposure

% Developed Markets: 90.24%    % Emerging Markets: 1.22%    % Unidentified Markets: 8.54%

Americas 75.50%
74.14%
Canada 5.07%
United States 69.08%
1.36%
Argentina 0.01%
Brazil 0.17%
Colombia 0.06%
Mexico 0.32%
Peru 0.03%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.89%
United Kingdom 3.09%
5.48%
Austria 0.15%
Belgium 0.13%
Denmark 0.02%
Finland 0.23%
France 0.81%
Germany 0.45%
Greece 0.21%
Ireland 0.80%
Italy 0.43%
Netherlands 0.54%
Norway 0.19%
Portugal 0.04%
Spain 0.21%
Sweden 0.34%
Switzerland 0.63%
0.03%
Poland 0.02%
0.30%
Israel 0.30%
Greater Asia 7.07%
Japan 2.28%
0.27%
Australia 0.23%
4.08%
Hong Kong 0.29%
Singapore 0.39%
South Korea 1.05%
Taiwan 2.35%
0.44%
China 0.30%
India 0.08%
Indonesia 0.01%
Malaysia 0.01%
Philippines 0.03%
Thailand 0.00%
Unidentified Region 8.54%

Bond Credit Quality Exposure

AAA 4.86%
AA 39.87%
A 4.13%
BBB 14.61%
BB 11.09%
B 7.60%
Below B 2.88%
    CCC 2.86%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.02%
Not Rated 0.06%
Not Available 14.90%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
25.52%
Materials
3.96%
Consumer Discretionary
9.58%
Financials
11.08%
Real Estate
0.89%
Sensitive
41.88%
Communication Services
10.29%
Energy
2.90%
Industrials
7.97%
Information Technology
20.71%
Defensive
12.42%
Consumer Staples
3.54%
Health Care
7.21%
Utilities
1.67%
Not Classified
20.18%
Non Classified Equity
4.22%
Not Classified - Non Equity
15.96%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 40.34%
Corporate 36.49%
Securitized 11.25%
Municipal 0.26%
Other 11.66%
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Bond Maturity Exposure

Short Term
2.81%
Less than 1 Year
2.81%
Intermediate
61.42%
1 to 3 Years
6.69%
3 to 5 Years
13.72%
5 to 10 Years
41.01%
Long Term
27.51%
10 to 20 Years
8.80%
20 to 30 Years
17.58%
Over 30 Years
1.14%
Other
8.26%
As of December 31, 2025
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