Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.99%
Stock 26.46%
Bond 71.05%
Convertible 0.00%
Preferred 0.13%
Other 0.38%
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Market Capitalization

Large --
Mid --
Small --
No Data Available
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Region Exposure

% Developed Markets: 95.08%    % Emerging Markets: 3.60%    % Unidentified Markets: 1.31%

Americas 80.32%
79.19%
Canada 2.20%
United States 76.99%
1.13%
Argentina 0.02%
Brazil 0.28%
Chile 0.02%
Colombia 0.03%
Mexico 0.28%
Peru 0.04%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.45%
United Kingdom 2.37%
8.31%
Austria 0.25%
Belgium 0.48%
Denmark 0.17%
Finland 0.26%
France 1.35%
Germany 1.06%
Greece 0.15%
Ireland 0.85%
Italy 0.71%
Netherlands 0.75%
Norway 0.08%
Portugal 0.20%
Spain 0.56%
Sweden 0.45%
Switzerland 0.73%
0.18%
Czech Republic 0.01%
Poland 0.03%
Turkey 0.04%
0.59%
Egypt 0.02%
Israel 0.05%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.14%
South Africa 0.21%
United Arab Emirates 0.08%
Greater Asia 6.92%
Japan 2.22%
0.50%
Australia 0.39%
2.14%
Hong Kong 0.22%
Singapore 0.29%
South Korea 0.59%
Taiwan 1.04%
2.06%
China 1.11%
India 0.72%
Indonesia 0.12%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.03%
Thailand 0.04%
Unidentified Region 1.31%

Bond Credit Quality Exposure

AAA 5.29%
AA 62.02%
A 5.29%
BBB 9.73%
BB 0.67%
B 0.28%
Below B 0.10%
    CCC 0.09%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.05%
Not Available 16.56%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
9.65%
Materials
1.50%
Consumer Discretionary
2.68%
Financials
5.12%
Real Estate
0.34%
Sensitive
13.34%
Communication Services
2.16%
Energy
1.14%
Industrials
3.99%
Information Technology
6.06%
Defensive
3.50%
Consumer Staples
1.15%
Health Care
1.90%
Utilities
0.45%
Not Classified
73.51%
Non Classified Equity
0.21%
Not Classified - Non Equity
73.29%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 71.51%
Corporate 13.65%
Securitized 14.55%
Municipal 0.00%
Other 0.28%
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Bond Maturity Exposure

Short Term
10.80%
Less than 1 Year
10.80%
Intermediate
57.99%
1 to 3 Years
19.56%
3 to 5 Years
20.04%
5 to 10 Years
18.40%
Long Term
30.80%
10 to 20 Years
9.58%
20 to 30 Years
17.87%
Over 30 Years
3.35%
Other
0.41%
As of December 31, 2025
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