Asset Allocation

As of December 31, 2025.
Type % Net
Cash 3.30%
Stock 73.63%
Bond 22.61%
Convertible 0.00%
Preferred 0.10%
Other 0.35%
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Market Capitalization

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

% Developed Markets: 92.41%    % Emerging Markets: 6.82%    % Unidentified Markets: 0.77%

Americas 69.68%
66.72%
Canada 1.92%
United States 64.80%
2.97%
Argentina 0.09%
Brazil 0.58%
Chile 0.20%
Colombia 0.18%
Mexico 0.45%
Peru 0.25%
Venezuela 0.04%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 19.42%
United Kingdom 4.74%
12.55%
Austria 0.07%
Belgium 0.02%
Denmark 0.33%
Finland 0.04%
France 2.53%
Germany 1.24%
Greece 0.15%
Ireland 2.70%
Italy 0.47%
Netherlands 1.25%
Norway 0.05%
Portugal 0.16%
Spain 0.50%
Sweden 0.24%
Switzerland 2.01%
0.95%
Czech Republic 0.15%
Poland 0.17%
Russia 0.00%
Turkey 0.15%
1.18%
Egypt 0.11%
Israel 0.11%
Nigeria 0.08%
Qatar 0.01%
Saudi Arabia 0.10%
South Africa 0.34%
United Arab Emirates 0.14%
Greater Asia 10.12%
Japan 3.95%
0.97%
Australia 0.95%
2.62%
Hong Kong 0.67%
Singapore 0.29%
South Korea 0.66%
Taiwan 0.90%
2.59%
China 0.89%
India 0.86%
Indonesia 0.25%
Kazakhstan 0.06%
Malaysia 0.15%
Pakistan 0.01%
Philippines 0.02%
Thailand 0.23%
Unidentified Region 0.77%

Bond Credit Quality Exposure

AAA 3.98%
AA 34.52%
A 7.87%
BBB 16.00%
BB 17.06%
B 8.62%
Below B 2.64%
    CCC 2.47%
    CC 0.03%
    C 0.10%
    DDD 0.00%
    DD 0.00%
    D 0.04%
Not Rated 1.65%
Not Available 7.66%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
27.89%
Materials
3.11%
Consumer Discretionary
6.32%
Financials
13.06%
Real Estate
5.41%
Sensitive
32.89%
Communication Services
4.43%
Energy
3.06%
Industrials
10.72%
Information Technology
14.68%
Defensive
14.76%
Consumer Staples
3.60%
Health Care
8.28%
Utilities
2.88%
Not Classified
24.45%
Non Classified Equity
0.23%
Not Classified - Non Equity
24.23%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 52.31%
Corporate 36.95%
Securitized 10.24%
Municipal 0.24%
Other 0.26%
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Bond Maturity Exposure

Short Term
6.34%
Less than 1 Year
6.34%
Intermediate
70.59%
1 to 3 Years
11.61%
3 to 5 Years
24.04%
5 to 10 Years
34.94%
Long Term
22.74%
10 to 20 Years
12.23%
20 to 30 Years
9.07%
Over 30 Years
1.44%
Other
0.34%
As of December 31, 2025
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