Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.17%
Stock 47.52%
Bond 37.33%
Convertible 0.67%
Preferred 7.90%
Other 6.40%
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Market Capitalization

As of December 31, 2025
Large 52.72%
Mid 13.21%
Small 34.08%
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Region Exposure

% Developed Markets: 89.49%    % Emerging Markets: 2.18%    % Unidentified Markets: 8.33%

Americas 87.74%
82.75%
Canada 6.37%
United States 76.37%
4.99%
Brazil 2.16%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 3.92%
United Kingdom 2.06%
1.86%
France 0.59%
Germany 0.00%
Ireland 0.25%
Italy 0.00%
Netherlands 0.00%
Switzerland 0.77%
0.00%
0.00%
Greater Asia 0.01%
Japan 0.00%
0.00%
0.01%
South Korea 0.01%
Taiwan 0.01%
0.00%
Unidentified Region 8.33%

Bond Credit Quality Exposure

AAA 0.00%
AA 48.84%
A 0.62%
BBB 1.05%
BB 11.00%
B 10.00%
Below B 0.79%
    CCC 0.65%
    CC 0.00%
    C 0.15%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 27.71%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
22.17%
Materials
2.85%
Consumer Discretionary
11.53%
Financials
6.69%
Real Estate
1.10%
Sensitive
52.30%
Communication Services
6.55%
Energy
13.57%
Industrials
11.43%
Information Technology
20.75%
Defensive
21.60%
Consumer Staples
1.57%
Health Care
13.49%
Utilities
6.53%
Not Classified
3.92%
Non Classified Equity
0.16%
Not Classified - Non Equity
3.76%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 55.43%
Corporate 18.01%
Securitized 1.22%
Municipal 0.00%
Other 25.34%
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Bond Maturity Exposure

Short Term
1.17%
Less than 1 Year
1.17%
Intermediate
48.20%
1 to 3 Years
12.41%
3 to 5 Years
27.43%
5 to 10 Years
8.37%
Long Term
49.98%
10 to 20 Years
1.14%
20 to 30 Years
48.83%
Over 30 Years
0.00%
Other
0.65%
As of December 31, 2025
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