Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.17%
Stock 56.11%
Bond 39.44%
Convertible 0.00%
Preferred 1.41%
Other 1.87%
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Market Capitalization

As of December 31, 2025
Large 80.67%
Mid 15.17%
Small 4.16%
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Region Exposure

% Developed Markets: 95.38%    % Emerging Markets: 1.48%    % Unidentified Markets: 3.14%

Americas 59.96%
58.93%
Canada 1.72%
United States 57.21%
1.03%
Mexico 0.23%
Peru 0.12%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 28.12%
United Kingdom 5.29%
22.23%
Belgium 0.84%
Denmark 0.99%
France 5.57%
Germany 3.30%
Ireland 4.86%
Netherlands 2.42%
Switzerland 2.00%
0.23%
Turkey 0.23%
0.37%
Israel 0.16%
Greater Asia 8.79%
Japan 4.94%
0.00%
3.39%
Hong Kong 0.34%
Singapore 0.25%
South Korea 1.34%
Taiwan 1.26%
0.45%
China 0.03%
India 0.42%
Unidentified Region 3.14%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.00%
A 0.00%
BBB 6.78%
BB 48.16%
B 33.94%
Below B 7.34%
    CCC 6.85%
    CC 0.03%
    C 0.09%
    DDD 0.00%
    DD 0.00%
    D 0.36%
Not Rated 0.40%
Not Available 3.37%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
42.26%
Materials
8.20%
Consumer Discretionary
9.18%
Financials
23.87%
Real Estate
1.00%
Sensitive
40.60%
Communication Services
6.52%
Energy
4.74%
Industrials
16.50%
Information Technology
12.83%
Defensive
17.14%
Consumer Staples
5.06%
Health Care
8.37%
Utilities
3.71%
Not Classified
0.00%
Non Classified Equity
0.00%
Not Classified - Non Equity
0.00%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.58%
Corporate 94.30%
Securitized 1.11%
Municipal 0.00%
Other 4.02%
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Bond Maturity Exposure

Short Term
0.19%
Less than 1 Year
0.19%
Intermediate
90.25%
1 to 3 Years
12.06%
3 to 5 Years
38.28%
5 to 10 Years
39.91%
Long Term
4.35%
10 to 20 Years
0.77%
20 to 30 Years
1.65%
Over 30 Years
1.94%
Other
5.21%
As of December 31, 2025
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