Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.07%
Stock 80.42%
Bond 16.02%
Convertible 0.00%
Preferred 0.35%
Other 0.13%
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Market Capitalization

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

% Developed Markets: 89.65%    % Emerging Markets: 6.72%    % Unidentified Markets: 3.63%

Americas 66.43%
64.27%
Canada 2.67%
United States 61.60%
2.16%
Argentina 0.03%
Brazil 0.72%
Chile 0.03%
Colombia 0.10%
Mexico 0.63%
Peru 0.07%
Venezuela 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 17.98%
United Kingdom 4.68%
12.00%
Austria 0.07%
Belgium 0.12%
Denmark 0.59%
Finland 0.02%
France 2.55%
Germany 1.46%
Greece 0.18%
Ireland 0.94%
Italy 0.59%
Netherlands 2.22%
Norway 0.05%
Portugal 0.02%
Spain 1.02%
Sweden 0.47%
Switzerland 1.34%
0.28%
Czech Republic 0.03%
Poland 0.08%
Turkey 0.06%
1.01%
Egypt 0.05%
Israel 0.22%
Nigeria 0.01%
Qatar 0.01%
Saudi Arabia 0.11%
South Africa 0.38%
United Arab Emirates 0.15%
Greater Asia 11.96%
Japan 2.55%
0.26%
Australia 0.26%
5.38%
Hong Kong 0.59%
Singapore 0.51%
South Korea 1.39%
Taiwan 2.77%
3.76%
China 1.41%
India 1.61%
Indonesia 0.14%
Kazakhstan 0.09%
Malaysia 0.11%
Pakistan 0.00%
Philippines 0.27%
Thailand 0.12%
Unidentified Region 3.63%

Bond Credit Quality Exposure

AAA 4.80%
AA 24.55%
A 8.62%
BBB 12.86%
BB 9.21%
B 4.57%
Below B 1.54%
    CCC 1.42%
    CC 0.05%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.08%
Not Rated 0.17%
Not Available 33.67%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
25.37%
Materials
3.31%
Consumer Discretionary
8.68%
Financials
12.28%
Real Estate
1.10%
Sensitive
40.44%
Communication Services
6.61%
Energy
2.28%
Industrials
11.55%
Information Technology
20.00%
Defensive
14.59%
Consumer Staples
4.45%
Health Care
8.21%
Utilities
1.93%
Not Classified
19.59%
Non Classified Equity
0.36%
Not Classified - Non Equity
19.24%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 32.53%
Corporate 30.89%
Securitized 35.35%
Municipal 0.92%
Other 0.31%
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Bond Maturity Exposure

Short Term
5.35%
Less than 1 Year
5.35%
Intermediate
45.32%
1 to 3 Years
10.77%
3 to 5 Years
12.59%
5 to 10 Years
21.96%
Long Term
49.11%
10 to 20 Years
9.23%
20 to 30 Years
36.38%
Over 30 Years
3.49%
Other
0.22%
As of December 31, 2025
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