Asset Allocation

As of October 31, 2025.
Type % Net
Cash 1.57%
Stock 75.73%
Bond 22.45%
Convertible 0.00%
Preferred 0.00%
Other 0.26%
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Market Capitalization

As of October 31, 2025
Large 46.31%
Mid 32.38%
Small 21.31%
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Region Exposure

% Developed Markets: 94.18%    % Emerging Markets: 3.63%    % Unidentified Markets: 2.19%

Americas 68.83%
67.48%
Canada 13.33%
United States 54.15%
1.35%
Brazil 1.07%
Chile 0.00%
Mexico 0.28%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 19.33%
United Kingdom 7.03%
12.08%
Austria 0.00%
Belgium 0.33%
Finland 0.00%
France 4.00%
Germany 0.33%
Ireland 0.43%
Italy 0.39%
Netherlands 1.72%
Norway 0.59%
Spain 1.05%
Sweden 0.28%
Switzerland 1.58%
0.00%
0.22%
South Africa 0.22%
Greater Asia 9.65%
Japan 3.69%
1.98%
Australia 1.75%
1.96%
Hong Kong 1.08%
Singapore 0.69%
South Korea 0.20%
2.02%
China 0.46%
India 1.10%
Malaysia 0.21%
Philippines 0.25%
Unidentified Region 2.19%

Bond Credit Quality Exposure

AAA 0.04%
AA 0.49%
A 31.43%
BBB 54.98%
BB 5.70%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 7.35%
Short Term 0.00%
As of October 31, 2025
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Stock Sector Exposure

Cyclical
43.02%
Materials
17.00%
Consumer Discretionary
0.14%
Financials
0.00%
Real Estate
25.89%
Sensitive
32.90%
Communication Services
0.53%
Energy
25.47%
Industrials
6.90%
Information Technology
0.00%
Defensive
21.23%
Consumer Staples
7.28%
Health Care
0.03%
Utilities
13.92%
Not Classified
2.86%
Non Classified Equity
1.03%
Not Classified - Non Equity
1.82%
As of October 31, 2025
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 7.48%
Corporate 88.58%
Securitized 0.00%
Municipal 0.00%
Other 3.94%
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Bond Maturity Exposure

Short Term
20.63%
Less than 1 Year
20.63%
Intermediate
48.32%
1 to 3 Years
46.62%
3 to 5 Years
1.19%
5 to 10 Years
0.51%
Long Term
27.95%
10 to 20 Years
0.00%
20 to 30 Years
13.30%
Over 30 Years
14.65%
Other
3.11%
As of October 31, 2025
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