Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.25%
Stock 89.77%
Bond 5.26%
Convertible 0.00%
Preferred 0.27%
Other 1.44%
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Market Capitalization

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

% Developed Markets: 88.83%    % Emerging Markets: 5.71%    % Unidentified Markets: 5.46%

Americas 66.76%
65.33%
Canada 2.08%
United States 63.25%
1.43%
Argentina 0.01%
Brazil 0.52%
Chile 0.06%
Colombia 0.02%
Mexico 0.38%
Peru 0.03%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 14.44%
United Kingdom 3.23%
9.79%
Austria 0.03%
Belgium 0.19%
Denmark 0.40%
Finland 0.11%
France 1.33%
Germany 1.60%
Greece 0.09%
Ireland 1.20%
Italy 0.45%
Netherlands 1.30%
Norway 0.14%
Portugal 0.02%
Spain 0.56%
Sweden 0.54%
Switzerland 1.70%
0.33%
Czech Republic 0.01%
Poland 0.21%
Turkey 0.05%
1.08%
Egypt 0.01%
Israel 0.32%
Qatar 0.05%
Saudi Arabia 0.10%
South Africa 0.34%
United Arab Emirates 0.22%
Greater Asia 13.34%
Japan 3.34%
0.69%
Australia 0.66%
5.53%
Hong Kong 0.87%
Singapore 0.52%
South Korea 2.26%
Taiwan 1.88%
3.78%
China 2.02%
India 1.28%
Indonesia 0.17%
Malaysia 0.08%
Philippines 0.02%
Thailand 0.21%
Unidentified Region 5.46%

Bond Credit Quality Exposure

AAA 3.45%
AA 54.32%
A 3.83%
BBB 6.61%
BB 7.08%
B 13.61%
Below B 0.65%
    CCC 0.64%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.74%
Not Available 9.72%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
30.03%
Materials
2.74%
Consumer Discretionary
9.71%
Financials
15.81%
Real Estate
1.78%
Sensitive
48.21%
Communication Services
8.23%
Energy
3.36%
Industrials
10.20%
Information Technology
26.42%
Defensive
17.50%
Consumer Staples
4.57%
Health Care
10.08%
Utilities
2.85%
Not Classified
4.25%
Non Classified Equity
0.23%
Not Classified - Non Equity
4.01%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 55.30%
Corporate 29.74%
Securitized 12.65%
Municipal 0.00%
Other 2.31%
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Bond Maturity Exposure

Short Term
0.56%
Less than 1 Year
0.56%
Intermediate
61.13%
1 to 3 Years
5.43%
3 to 5 Years
32.35%
5 to 10 Years
23.35%
Long Term
37.77%
10 to 20 Years
16.13%
20 to 30 Years
19.42%
Over 30 Years
2.22%
Other
0.54%
As of December 31, 2025
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