Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.03%
Stock 45.45%
Bond 38.67%
Convertible 0.00%
Preferred 0.00%
Other 13.84%
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Market Capitalization

As of September 30, 2025
Large 56.39%
Mid 26.51%
Small 17.09%
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Region Exposure

% Developed Markets: 83.25%    % Emerging Markets: 2.69%    % Unidentified Markets: 14.06%

Americas 56.71%
53.02%
Canada 2.58%
United States 50.45%
3.69%
Brazil 0.46%
Mexico 1.54%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 22.33%
United Kingdom 4.34%
17.66%
Belgium 0.64%
Denmark 0.42%
Finland 0.99%
France 2.40%
Germany 1.57%
Greece 0.40%
Ireland 2.22%
Italy 2.70%
Netherlands 4.76%
Norway 0.07%
Spain 0.36%
Switzerland 1.08%
0.32%
Turkey 0.26%
0.00%
Greater Asia 6.89%
Japan 1.98%
0.00%
4.57%
Hong Kong 0.11%
Singapore 0.49%
South Korea 3.97%
0.34%
Indonesia 0.16%
Philippines 0.16%
Unidentified Region 14.06%

Bond Credit Quality Exposure

AAA 3.61%
AA 15.45%
A 0.58%
BBB 2.27%
BB 6.49%
B 0.60%
Below B 0.19%
    CCC 0.18%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 2.26%
Not Available 68.55%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
55.06%
Materials
11.35%
Consumer Discretionary
6.60%
Financials
36.00%
Real Estate
1.10%
Sensitive
20.28%
Communication Services
0.19%
Energy
5.62%
Industrials
5.45%
Information Technology
9.02%
Defensive
19.96%
Consumer Staples
3.81%
Health Care
10.30%
Utilities
5.85%
Not Classified
4.70%
Non Classified Equity
0.30%
Not Classified - Non Equity
4.39%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 18.09%
Corporate 23.17%
Securitized 45.75%
Municipal 0.00%
Other 12.99%
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Bond Maturity Exposure

Short Term
22.99%
Less than 1 Year
22.99%
Intermediate
15.55%
1 to 3 Years
7.02%
3 to 5 Years
3.49%
5 to 10 Years
5.04%
Long Term
58.56%
10 to 20 Years
14.67%
20 to 30 Years
42.29%
Over 30 Years
1.59%
Other
2.91%
As of September 30, 2025
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