Asset Allocation

As of December 31, 2025.
Type % Net
Cash 2.08%
Stock 42.13%
Bond 43.43%
Convertible 0.00%
Preferred 0.13%
Other 12.23%
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Market Capitalization

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

% Developed Markets: 78.13%    % Emerging Markets: 9.40%    % Unidentified Markets: 12.47%

Americas 69.63%
65.06%
Canada 28.94%
United States 36.12%
4.58%
Argentina 0.28%
Brazil 0.35%
Chile 0.27%
Colombia 0.35%
Mexico 0.76%
Peru 0.25%
Venezuela 0.07%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 11.45%
United Kingdom 1.83%
5.20%
Austria 0.03%
Belgium 0.06%
Denmark 0.05%
Finland 0.15%
France 1.26%
Germany 0.67%
Greece 0.00%
Ireland 0.33%
Italy 0.37%
Netherlands 0.41%
Norway 0.17%
Portugal 0.02%
Spain 0.87%
Sweden 0.16%
Switzerland 0.58%
1.19%
Poland 0.19%
Turkey 0.38%
3.23%
Egypt 0.42%
Israel 0.00%
Nigeria 0.30%
Qatar 0.27%
Saudi Arabia 0.28%
South Africa 0.34%
United Arab Emirates 0.30%
Greater Asia 6.44%
Japan 2.71%
1.36%
Australia 1.23%
0.89%
Hong Kong 0.31%
Singapore 0.57%
South Korea 0.01%
1.49%
China 0.09%
India 0.16%
Indonesia 0.32%
Kazakhstan 0.09%
Malaysia 0.19%
Pakistan 0.11%
Philippines 0.27%
Unidentified Region 12.47%

Bond Credit Quality Exposure

AAA 8.15%
AA 17.49%
A 16.30%
BBB 18.62%
BB 17.13%
B 7.97%
Below B 2.62%
    CCC 2.52%
    CC 0.00%
    C 0.10%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.41%
Not Available 11.32%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
19.57%
Materials
1.40%
Consumer Discretionary
3.53%
Financials
9.26%
Real Estate
5.39%
Sensitive
18.31%
Communication Services
2.11%
Energy
3.69%
Industrials
5.56%
Information Technology
6.95%
Defensive
8.13%
Consumer Staples
2.20%
Health Care
2.76%
Utilities
3.18%
Not Classified
53.98%
Non Classified Equity
0.53%
Not Classified - Non Equity
53.45%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 44.20%
Corporate 38.16%
Securitized 4.75%
Municipal 9.69%
Other 3.21%
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Bond Maturity Exposure

Short Term
9.01%
Less than 1 Year
9.01%
Intermediate
57.39%
1 to 3 Years
13.62%
3 to 5 Years
19.65%
5 to 10 Years
24.12%
Long Term
33.03%
10 to 20 Years
11.72%
20 to 30 Years
17.46%
Over 30 Years
3.85%
Other
0.58%
As of December 31, 2025
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