Asset Allocation

As of September 30, 2025.
Type % Net
Cash -12.64%
Stock 42.99%
Bond 49.63%
Convertible 0.00%
Preferred 0.21%
Other 19.82%
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Market Capitalization

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

% Developed Markets: 91.78%    % Emerging Markets: 4.75%    % Unidentified Markets: 3.46%

Americas 75.97%
73.65%
Canada 1.11%
United States 72.55%
2.32%
Argentina 0.02%
Brazil 0.59%
Chile 0.06%
Colombia 0.08%
Mexico 0.42%
Peru 0.06%
Venezuela 0.02%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 13.05%
United Kingdom 2.75%
9.24%
Austria 0.06%
Belgium 0.25%
Denmark 0.11%
Finland 0.03%
France 1.59%
Germany 2.02%
Greece 0.02%
Ireland 1.49%
Italy 0.46%
Netherlands 0.82%
Norway 0.08%
Portugal 0.09%
Spain 0.38%
Sweden 0.20%
Switzerland 1.32%
0.35%
Czech Republic -0.00%
Poland 0.09%
Turkey 0.08%
0.72%
Egypt 0.02%
Israel 0.16%
Nigeria 0.02%
Qatar 0.02%
Saudi Arabia 0.09%
South Africa 0.24%
United Arab Emirates 0.09%
Greater Asia 7.52%
Japan 2.13%
0.58%
Australia 0.55%
2.42%
Hong Kong 0.53%
Singapore 0.31%
South Korea 0.60%
Taiwan 0.98%
2.39%
China 1.22%
India 0.86%
Indonesia 0.10%
Kazakhstan 0.01%
Malaysia 0.02%
Philippines 0.04%
Thailand 0.04%
Unidentified Region 3.46%

Bond Credit Quality Exposure

AAA 8.14%
AA 39.92%
A 9.00%
BBB 16.98%
BB 4.62%
B 1.07%
Below B 0.39%
    CCC 0.34%
    CC 0.03%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.02%
Not Rated 0.74%
Not Available 19.14%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
18.09%
Materials
1.41%
Consumer Discretionary
5.04%
Financials
8.81%
Real Estate
2.83%
Sensitive
21.67%
Communication Services
3.89%
Energy
1.24%
Industrials
5.07%
Information Technology
11.47%
Defensive
7.34%
Consumer Staples
2.50%
Health Care
3.88%
Utilities
0.96%
Not Classified
52.90%
Non Classified Equity
0.21%
Not Classified - Non Equity
52.69%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 43.51%
Corporate 27.90%
Securitized 23.26%
Municipal 0.93%
Other 4.40%
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Bond Maturity Exposure

Short Term
15.21%
Less than 1 Year
15.21%
Intermediate
45.18%
1 to 3 Years
11.79%
3 to 5 Years
12.27%
5 to 10 Years
21.12%
Long Term
37.42%
10 to 20 Years
11.24%
20 to 30 Years
17.22%
Over 30 Years
8.96%
Other
2.19%
As of September 30, 2025
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