Asset Allocation

As of September 30, 2025.
Type % Net
Cash 7.01%
Stock 38.14%
Bond 53.04%
Convertible 0.00%
Preferred 0.32%
Other 1.48%
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Market Capitalization

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

% Developed Markets: 88.52%    % Emerging Markets: 2.80%    % Unidentified Markets: 8.68%

Americas 76.39%
74.41%
Canada 2.00%
United States 72.40%
1.99%
Argentina 0.09%
Brazil 0.36%
Chile 0.02%
Colombia 0.19%
Mexico 0.75%
Peru 0.05%
Venezuela 0.00%
As of September 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 10.73%
United Kingdom 3.13%
7.13%
Austria 0.01%
Belgium 0.06%
Denmark 0.21%
Finland 0.06%
France 1.39%
Germany 0.87%
Greece 0.25%
Ireland 0.74%
Italy 0.27%
Netherlands 0.93%
Norway 0.03%
Portugal 0.00%
Spain 0.76%
Sweden 0.28%
Switzerland 0.96%
0.14%
Poland 0.01%
Turkey 0.03%
0.33%
Egypt 0.05%
Israel 0.03%
Nigeria 0.02%
Qatar 0.04%
Saudi Arabia 0.05%
South Africa 0.02%
United Arab Emirates 0.02%
Greater Asia 4.20%
Japan 1.21%
0.19%
Australia 0.19%
2.01%
Hong Kong 0.23%
Singapore 0.51%
South Korea 0.29%
Taiwan 0.96%
0.79%
China 0.27%
India 0.31%
Indonesia 0.08%
Kazakhstan 0.04%
Malaysia 0.05%
Pakistan 0.00%
Philippines 0.02%
Thailand 0.01%
Unidentified Region 8.68%

Bond Credit Quality Exposure

AAA 6.66%
AA 32.96%
A 10.65%
BBB 13.85%
BB 7.23%
B 4.42%
Below B 0.88%
    CCC 0.88%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.66%
Not Available 22.69%
Short Term 0.00%
As of September 30, 2025
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Stock Sector Exposure

Cyclical
13.96%
Materials
1.93%
Consumer Discretionary
2.74%
Financials
7.86%
Real Estate
1.42%
Sensitive
16.84%
Communication Services
2.53%
Energy
2.54%
Industrials
4.74%
Information Technology
7.03%
Defensive
11.64%
Consumer Staples
4.35%
Health Care
4.77%
Utilities
2.52%
Not Classified
57.56%
Non Classified Equity
0.12%
Not Classified - Non Equity
57.44%
As of September 30, 2025
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 34.13%
Corporate 33.07%
Securitized 31.77%
Municipal 0.72%
Other 0.31%
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Bond Maturity Exposure

Short Term
3.59%
Less than 1 Year
3.59%
Intermediate
51.88%
1 to 3 Years
12.93%
3 to 5 Years
14.72%
5 to 10 Years
24.23%
Long Term
43.01%
10 to 20 Years
9.15%
20 to 30 Years
29.18%
Over 30 Years
4.68%
Other
1.52%
As of September 30, 2025
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