Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.39%
Stock 20.06%
Bond 77.12%
Convertible 0.00%
Preferred 0.10%
Other 0.34%
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Market Capitalization

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

% Developed Markets: 95.40%    % Emerging Markets: 3.02%    % Unidentified Markets: 1.58%

Americas 82.50%
81.44%
Canada 1.96%
United States 79.48%
1.06%
Argentina 0.02%
Brazil 0.23%
Chile 0.02%
Colombia 0.03%
Mexico 0.26%
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 10.16%
United Kingdom 2.07%
7.42%
Austria 0.24%
Belgium 0.45%
Denmark 0.15%
Finland 0.23%
France 1.15%
Germany 0.90%
Greece 0.14%
Ireland 0.77%
Italy 0.65%
Netherlands 0.69%
Norway 0.08%
Portugal 0.19%
Spain 0.50%
Sweden 0.39%
Switzerland 0.60%
0.17%
Czech Republic 0.01%
Poland 0.03%
Turkey 0.04%
0.50%
Egypt 0.02%
Israel 0.05%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.12%
South Africa 0.17%
United Arab Emirates 0.06%
Greater Asia 5.76%
Japan 1.95%
0.48%
Australia 0.37%
1.70%
Hong Kong 0.17%
Singapore 0.26%
South Korea 0.46%
Taiwan 0.81%
1.63%
China 0.87%
India 0.56%
Indonesia 0.09%
Kazakhstan 0.00%
Malaysia 0.02%
Pakistan 0.01%
Philippines 0.02%
Thailand 0.03%
Unidentified Region 1.58%

Bond Credit Quality Exposure

AAA 5.17%
AA 61.69%
A 5.25%
BBB 9.85%
BB 0.65%
B 0.27%
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 16.98%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
7.38%
Materials
1.17%
Consumer Discretionary
2.05%
Financials
3.89%
Real Estate
0.26%
Sensitive
10.09%
Communication Services
1.60%
Energy
0.87%
Industrials
3.08%
Information Technology
4.54%
Defensive
2.60%
Consumer Staples
0.88%
Health Care
1.40%
Utilities
0.33%
Not Classified
79.93%
Non Classified Equity
0.16%
Not Classified - Non Equity
79.77%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 71.28%
Corporate 13.90%
Securitized 14.54%
Municipal 0.00%
Other 0.28%
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Bond Maturity Exposure

Short Term
11.92%
Less than 1 Year
11.92%
Intermediate
57.80%
1 to 3 Years
20.45%
3 to 5 Years
20.61%
5 to 10 Years
16.74%
Long Term
29.87%
10 to 20 Years
9.19%
20 to 30 Years
17.36%
Over 30 Years
3.32%
Other
0.41%
As of December 31, 2025
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