Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.03%
Stock 40.94%
Bond 57.01%
Convertible 0.00%
Preferred 0.01%
Other 1.00%
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Market Capitalization

As of December 31, 2025
Large 72.06%
Mid 18.53%
Small 9.41%
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Region Exposure

% Developed Markets: 97.40%    % Emerging Markets: 1.26%    % Unidentified Markets: 1.33%

Americas 85.77%
84.62%
Canada 40.02%
United States 44.60%
1.15%
Argentina 0.02%
Brazil 0.11%
Chile 0.01%
Colombia 0.08%
Mexico 0.37%
Peru 0.00%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 8.94%
United Kingdom 2.26%
6.10%
Austria 0.08%
Belgium 0.05%
Denmark 0.21%
Finland 0.20%
France 1.29%
Germany 0.79%
Greece 0.03%
Ireland 0.26%
Italy 0.40%
Netherlands 0.44%
Norway 0.12%
Portugal 0.00%
Spain 0.53%
Sweden 0.24%
Switzerland 1.20%
0.21%
Poland 0.01%
Turkey 0.07%
0.38%
Egypt 0.02%
Israel 0.13%
Nigeria 0.01%
Saudi Arabia 0.00%
South Africa 0.04%
United Arab Emirates 0.00%
Greater Asia 3.95%
Japan 2.74%
0.77%
Australia 0.73%
0.39%
Hong Kong 0.21%
Singapore 0.17%
South Korea 0.01%
0.05%
Indonesia 0.01%
Pakistan 0.00%
Philippines 0.00%
Unidentified Region 1.33%

Bond Credit Quality Exposure

AAA 8.75%
AA 21.18%
A 17.88%
BBB 38.61%
BB 5.86%
B 3.79%
Below B 0.36%
    CCC 0.33%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.02%
Not Rated 0.15%
Not Available 3.43%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
39.14%
Materials
9.78%
Consumer Discretionary
6.25%
Financials
19.70%
Real Estate
3.41%
Sensitive
37.57%
Communication Services
4.49%
Energy
3.41%
Industrials
13.21%
Information Technology
16.46%
Defensive
18.39%
Consumer Staples
4.77%
Health Care
7.70%
Utilities
5.92%
Not Classified
4.91%
Non Classified Equity
0.90%
Not Classified - Non Equity
4.00%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 21.75%
Corporate 48.28%
Securitized 1.62%
Municipal 20.93%
Other 7.43%
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Bond Maturity Exposure

Short Term
4.07%
Less than 1 Year
4.07%
Intermediate
62.63%
1 to 3 Years
13.96%
3 to 5 Years
14.99%
5 to 10 Years
33.68%
Long Term
33.06%
10 to 20 Years
9.07%
20 to 30 Years
16.89%
Over 30 Years
7.09%
Other
0.24%
As of December 31, 2025
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