Asset Allocation

As of December 31, 2025.
Type % Net
Cash 25.87%
Stock 65.23%
Bond 7.81%
Convertible 0.00%
Preferred 0.00%
Other 1.08%
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Market Capitalization

As of December 31, 2025
Large 0.31%
Mid 6.71%
Small 92.98%
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Region Exposure

% Developed Markets: 77.76%    % Emerging Markets: 0.33%    % Unidentified Markets: 21.92%

Americas 75.45%
74.68%
Canada 0.03%
United States 74.66%
0.76%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 2.24%
United Kingdom 1.45%
0.46%
France 0.05%
Germany 0.01%
Ireland 0.22%
Netherlands 0.00%
Sweden 0.17%
Switzerland 0.00%
0.00%
0.34%
Israel 0.34%
Greater Asia 0.40%
Japan 0.02%
0.03%
Australia 0.03%
0.02%
Singapore 0.00%
South Korea 0.02%
0.33%
Thailand 0.33%
Unidentified Region 21.92%

Bond Credit Quality Exposure

AAA 21.73%
AA 5.44%
A 6.37%
BBB 11.78%
BB 2.43%
B 0.77%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 4.28%
Not Available 47.19%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
35.17%
Materials
4.89%
Consumer Discretionary
10.11%
Financials
14.51%
Real Estate
5.66%
Sensitive
38.01%
Communication Services
1.76%
Energy
3.22%
Industrials
20.41%
Information Technology
12.62%
Defensive
14.54%
Consumer Staples
3.80%
Health Care
7.84%
Utilities
2.91%
Not Classified
12.28%
Non Classified Equity
0.83%
Not Classified - Non Equity
11.45%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 32.00%
Corporate 15.95%
Securitized 50.54%
Municipal 0.00%
Other 1.52%
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Bond Maturity Exposure

Short Term
34.57%
Less than 1 Year
34.57%
Intermediate
19.99%
1 to 3 Years
9.19%
3 to 5 Years
6.05%
5 to 10 Years
4.75%
Long Term
44.90%
10 to 20 Years
17.09%
20 to 30 Years
16.66%
Over 30 Years
11.15%
Other
0.54%
As of December 31, 2025
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