Asset Allocation

As of October 31, 2025.
Type % Net
Cash 2.80%
Stock 60.91%
Bond 32.23%
Convertible 0.13%
Preferred 0.21%
Other 3.71%
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Market Capitalization

As of October 31, 2025
Large 51.19%
Mid 22.65%
Small 26.15%
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Region Exposure

% Developed Markets: 92.86%    % Emerging Markets: 1.51%    % Unidentified Markets: 5.63%

Americas 77.88%
76.72%
Canada 39.14%
United States 37.58%
1.16%
Argentina 0.03%
Brazil 0.07%
Chile 0.04%
Colombia 0.04%
Mexico 0.19%
Peru 0.06%
Venezuela 0.01%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 9.58%
United Kingdom 2.72%
6.42%
Austria 0.15%
Belgium 0.15%
Denmark 0.01%
Finland 0.25%
France 1.19%
Germany 0.73%
Greece 0.17%
Ireland 0.97%
Italy 0.35%
Netherlands 0.65%
Norway 0.17%
Portugal 0.05%
Spain 0.49%
Sweden 0.41%
Switzerland 0.43%
0.14%
Czech Republic 0.00%
Poland 0.03%
Turkey 0.04%
0.29%
Egypt 0.03%
Israel 0.04%
Nigeria 0.03%
Qatar 0.01%
Saudi Arabia 0.02%
South Africa 0.02%
United Arab Emirates 0.03%
Greater Asia 6.91%
Japan 3.95%
0.13%
Australia 0.12%
2.26%
Hong Kong 0.91%
Singapore 0.64%
South Korea 0.39%
Taiwan 0.32%
0.58%
China 0.35%
India 0.07%
Indonesia 0.04%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.05%
Unidentified Region 5.63%

Bond Credit Quality Exposure

AAA 22.14%
AA 38.00%
A 18.77%
BBB 4.79%
BB 1.97%
B 0.78%
Below B 0.43%
    CCC 0.32%
    CC 0.02%
    C 0.07%
    DDD 0.00%
    DD 0.00%
    D 0.03%
Not Rated 1.01%
Not Available 12.10%
Short Term 0.00%
As of October 31, 2025
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Stock Sector Exposure

Cyclical
32.17%
Materials
6.48%
Consumer Discretionary
7.86%
Financials
15.85%
Real Estate
1.99%
Sensitive
35.39%
Communication Services
3.80%
Energy
5.96%
Industrials
11.92%
Information Technology
13.71%
Defensive
20.40%
Consumer Staples
8.51%
Health Care
7.13%
Utilities
4.76%
Not Classified
12.04%
Non Classified Equity
0.94%
Not Classified - Non Equity
11.10%
As of October 31, 2025
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 45.80%
Corporate 9.51%
Securitized 3.40%
Municipal 36.32%
Other 4.96%
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Bond Maturity Exposure

Short Term
8.23%
Less than 1 Year
8.23%
Intermediate
16.70%
1 to 3 Years
3.64%
3 to 5 Years
4.82%
5 to 10 Years
8.24%
Long Term
74.94%
10 to 20 Years
27.40%
20 to 30 Years
38.80%
Over 30 Years
8.74%
Other
0.14%
As of October 31, 2025
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