Asset Allocation

As of December 31, 2025.
Type % Net
Cash 5.39%
Stock 28.32%
Bond 65.76%
Convertible 0.00%
Preferred 0.21%
Other 0.32%
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Market Capitalization

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

% Developed Markets: 90.30%    % Emerging Markets: 3.79%    % Unidentified Markets: 5.91%

Americas 75.71%
73.95%
Canada 2.05%
United States 71.90%
1.76%
Argentina 0.02%
Brazil 0.26%
Chile 0.02%
Colombia 0.03%
Mexico 0.42%
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 11.67%
United Kingdom 2.60%
8.30%
Austria 0.24%
Belgium 0.43%
Denmark 0.17%
Finland 0.25%
France 1.40%
Germany 1.03%
Greece 0.14%
Ireland 0.90%
Italy 0.71%
Netherlands 0.70%
Norway 0.08%
Portugal 0.19%
Spain 0.52%
Sweden 0.45%
Switzerland 0.81%
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 0.15%
South Africa 0.21%
United Arab Emirates 0.07%
Greater Asia 6.70%
Japan 2.11%
0.43%
Australia 0.33%
2.12%
Hong Kong 0.20%
Singapore 0.28%
South Korea 0.58%
Taiwan 1.07%
2.04%
China 1.10%
India 0.71%
Indonesia 0.11%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.02%
Thailand 0.04%
Unidentified Region 5.91%

Bond Credit Quality Exposure

AAA 7.51%
AA 62.65%
A 5.06%
BBB 9.87%
BB 1.13%
B 0.45%
Below B 0.18%
    CCC 0.17%
    CC 0.00%
    C 0.01%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.10%
Not Available 13.05%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
10.13%
Materials
1.57%
Consumer Discretionary
2.80%
Financials
5.46%
Real Estate
0.30%
Sensitive
14.45%
Communication Services
2.47%
Energy
1.22%
Industrials
4.33%
Information Technology
6.44%
Defensive
3.79%
Consumer Staples
1.18%
Health Care
2.17%
Utilities
0.44%
Not Classified
71.63%
Non Classified Equity
0.32%
Not Classified - Non Equity
71.31%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 72.32%
Corporate 12.71%
Securitized 14.69%
Municipal 0.00%
Other 0.28%
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Bond Maturity Exposure

Short Term
11.58%
Less than 1 Year
11.58%
Intermediate
59.05%
1 to 3 Years
15.80%
3 to 5 Years
21.29%
5 to 10 Years
21.97%
Long Term
28.96%
10 to 20 Years
10.84%
20 to 30 Years
15.97%
Over 30 Years
2.15%
Other
0.41%
As of December 31, 2025
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