Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.06%
Stock 31.80%
Bond 66.45%
Convertible 0.00%
Preferred 0.01%
Other 0.68%
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Market Capitalization

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

% Developed Markets: 100.4%    % Emerging Markets: 1.56%    % Unidentified Markets: -1.93%

Americas 91.97%
90.74%
Canada 0.69%
United States 90.06%
1.23%
Argentina 0.04%
Brazil 0.13%
Chile 0.05%
Colombia 0.06%
Mexico 0.15%
Peru 0.02%
Venezuela 0.01%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.88%
United Kingdom 2.69%
4.59%
Austria 0.04%
Belgium 0.12%
Denmark 0.05%
Finland 0.05%
France 0.82%
Germany 0.45%
Ireland 1.36%
Italy 0.13%
Netherlands 0.57%
Norway 0.02%
Portugal 0.00%
Spain 0.35%
Sweden 0.11%
Switzerland 0.22%
0.25%
Czech Republic 0.00%
Poland 0.02%
Turkey 0.03%
0.34%
Egypt 0.03%
Israel 0.11%
Nigeria 0.01%
Saudi Arabia 0.03%
South Africa 0.04%
United Arab Emirates 0.02%
Greater Asia 2.08%
Japan 0.65%
0.70%
Australia 0.69%
0.37%
Hong Kong 0.04%
Singapore 0.20%
South Korea 0.03%
Taiwan 0.10%
0.36%
China 0.23%
Indonesia 0.04%
Kazakhstan 0.04%
Malaysia 0.01%
Philippines 0.01%
Thailand 0.01%
Unidentified Region -1.93%

Bond Credit Quality Exposure

AAA 5.24%
AA 31.27%
A 3.16%
BBB 8.10%
BB 4.05%
B 2.13%
Below B 7.75%
    CCC 6.11%
    CC 0.81%
    C 0.23%
    DDD 0.00%
    DD 0.00%
    D 0.60%
Not Rated 5.40%
Not Available 32.89%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
11.91%
Materials
0.90%
Consumer Discretionary
2.59%
Financials
4.74%
Real Estate
3.67%
Sensitive
18.11%
Communication Services
2.12%
Energy
0.83%
Industrials
6.93%
Information Technology
8.23%
Defensive
4.31%
Consumer Staples
0.92%
Health Care
2.45%
Utilities
0.94%
Not Classified
65.68%
Non Classified Equity
0.15%
Not Classified - Non Equity
65.52%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 13.62%
Corporate 13.65%
Securitized 68.82%
Municipal 0.35%
Other 3.56%
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Bond Maturity Exposure

Short Term
0.74%
Less than 1 Year
0.74%
Intermediate
23.85%
1 to 3 Years
5.47%
3 to 5 Years
8.40%
5 to 10 Years
9.98%
Long Term
73.36%
10 to 20 Years
22.85%
20 to 30 Years
43.53%
Over 30 Years
6.98%
Other
2.06%
As of December 31, 2025
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