Asset Allocation

As of October 31, 2025.
Type % Net
Cash 5.06%
Stock 78.95%
Bond 9.04%
Convertible 0.00%
Preferred 2.88%
Other 4.07%
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Market Capitalization

As of October 31, 2025
Large 37.25%
Mid 21.09%
Small 41.66%
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Region Exposure

% Developed Markets: 89.63%    % Emerging Markets: 0.15%    % Unidentified Markets: 10.22%

Americas 81.94%
77.90%
Canada 70.03%
United States 7.87%
4.04%
Argentina 0.00%
Brazil 0.00%
Chile 0.00%
Colombia 0.04%
Mexico 0.02%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 5.75%
United Kingdom 1.55%
4.17%
Belgium 0.01%
Finland 0.18%
France 1.06%
Germany 0.56%
Ireland 0.01%
Italy 0.56%
Netherlands 0.18%
Spain 0.75%
Sweden 0.01%
Switzerland 0.83%
0.01%
0.01%
Greater Asia 2.09%
Japan 1.21%
0.73%
Australia 0.73%
0.13%
Hong Kong 0.13%
0.03%
China 0.00%
India 0.01%
Kazakhstan 0.01%
Unidentified Region 10.22%

Bond Credit Quality Exposure

AAA 0.39%
AA 0.10%
A 0.49%
BBB 2.16%
BB 5.18%
B 3.89%
Below B 0.49%
    CCC 0.49%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 85.58%
Not Available 1.71%
Short Term 0.00%
As of October 31, 2025
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Stock Sector Exposure

Cyclical
38.88%
Materials
0.74%
Consumer Discretionary
0.59%
Financials
20.13%
Real Estate
17.42%
Sensitive
25.56%
Communication Services
5.82%
Energy
18.52%
Industrials
1.01%
Information Technology
0.21%
Defensive
18.45%
Consumer Staples
0.84%
Health Care
1.39%
Utilities
16.22%
Not Classified
17.11%
Non Classified Equity
7.76%
Not Classified - Non Equity
9.35%
As of October 31, 2025
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 10.96%
Corporate 10.87%
Securitized 2.26%
Municipal 0.00%
Other 75.91%
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Bond Maturity Exposure

Short Term
1.81%
Less than 1 Year
1.81%
Intermediate
7.77%
1 to 3 Years
0.81%
3 to 5 Years
2.35%
5 to 10 Years
4.61%
Long Term
4.42%
10 to 20 Years
2.17%
20 to 30 Years
1.57%
Over 30 Years
0.68%
Other
86.00%
As of October 31, 2025
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