Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.54%
Stock 33.54%
Bond 59.71%
Convertible 2.75%
Preferred 1.73%
Other 0.72%
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Market Capitalization

As of December 31, 2025
Large 89.96%
Mid 8.97%
Small 1.07%
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Region Exposure

% Developed Markets: 95.12%    % Emerging Markets: 2.02%    % Unidentified Markets: 2.86%

Americas 69.60%
68.68%
Canada 3.09%
United States 65.59%
0.93%
Mexico 0.34%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 16.18%
United Kingdom 5.03%
10.51%
Austria 0.18%
Denmark 0.60%
France 1.59%
Germany 2.03%
Ireland 0.47%
Italy 0.88%
Netherlands 1.78%
Spain 1.38%
Sweden 0.18%
Switzerland 0.55%
0.00%
0.64%
Israel 0.64%
Greater Asia 11.36%
Japan 3.26%
0.39%
Australia 0.39%
6.34%
Hong Kong 1.18%
Singapore 2.16%
South Korea 1.80%
Taiwan 0.71%
1.37%
China 1.37%
Unidentified Region 2.86%

Bond Credit Quality Exposure

AAA 0.00%
AA 0.97%
A 3.22%
BBB 6.38%
BB 28.56%
B 18.50%
Below B 0.88%
    CCC 0.88%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.45%
Not Available 40.03%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
28.09%
Materials
3.31%
Consumer Discretionary
7.41%
Financials
16.69%
Real Estate
0.68%
Sensitive
46.26%
Communication Services
7.89%
Energy
1.19%
Industrials
13.03%
Information Technology
24.15%
Defensive
15.53%
Consumer Staples
3.60%
Health Care
10.67%
Utilities
1.25%
Not Classified
10.12%
Non Classified Equity
0.00%
Not Classified - Non Equity
10.12%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 3.21%
Corporate 52.13%
Securitized 0.00%
Municipal 0.00%
Other 44.66%
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Bond Maturity Exposure

Short Term
5.69%
Less than 1 Year
5.69%
Intermediate
92.99%
1 to 3 Years
12.73%
3 to 5 Years
34.17%
5 to 10 Years
46.10%
Long Term
1.32%
10 to 20 Years
1.32%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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