Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.21%
Stock 86.94%
Bond 7.51%
Convertible 0.00%
Preferred 0.04%
Other 3.29%
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Market Capitalization

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

% Developed Markets: 94.76%    % Emerging Markets: 2.22%    % Unidentified Markets: 3.03%

Americas 70.61%
69.28%
Canada 10.56%
United States 58.72%
1.33%
Brazil 0.76%
Colombia 0.00%
Mexico 0.32%
Peru 0.05%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 17.43%
United Kingdom 6.03%
10.86%
Austria 0.05%
Belgium 0.48%
Denmark 0.21%
Finland 0.41%
France 1.25%
Germany 1.02%
Greece 0.17%
Ireland 0.15%
Italy 0.23%
Netherlands 0.75%
Norway 0.14%
Portugal 0.16%
Spain 4.14%
Sweden 0.40%
Switzerland 1.25%
0.02%
Russia 0.02%
0.52%
Israel 0.11%
South Africa 0.41%
Greater Asia 8.93%
Japan 2.78%
4.16%
Australia 3.46%
1.34%
Hong Kong 0.48%
Singapore 0.82%
South Korea 0.04%
0.64%
China 0.36%
India 0.18%
Indonesia 0.11%
Philippines 0.00%
Unidentified Region 3.03%

Bond Credit Quality Exposure

AAA 0.53%
AA 50.50%
A 0.15%
BBB 0.51%
BB 5.42%
B 11.44%
Below B 1.74%
    CCC 1.70%
    CC 0.03%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.39%
Not Available 29.32%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
39.21%
Materials
9.90%
Consumer Discretionary
0.00%
Financials
0.00%
Real Estate
29.31%
Sensitive
30.85%
Communication Services
0.71%
Energy
15.97%
Industrials
13.15%
Information Technology
1.01%
Defensive
20.69%
Consumer Staples
0.29%
Health Care
0.39%
Utilities
20.02%
Not Classified
9.25%
Non Classified Equity
0.00%
Not Classified - Non Equity
9.25%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 61.07%
Corporate 28.61%
Securitized 0.47%
Municipal 0.00%
Other 9.84%
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Bond Maturity Exposure

Short Term
16.19%
Less than 1 Year
16.19%
Intermediate
77.44%
1 to 3 Years
22.38%
3 to 5 Years
23.48%
5 to 10 Years
31.58%
Long Term
6.35%
10 to 20 Years
2.97%
20 to 30 Years
3.37%
Over 30 Years
0.01%
Other
0.02%
As of September 30, 2025
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