Asset Allocation

As of December 31, 2025.
Type % Net
Cash 6.99%
Stock 11.51%
Bond 75.23%
Convertible 0.00%
Preferred 0.07%
Other 6.20%
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Market Capitalization

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

% Developed Markets: 85.49%    % Emerging Markets: 3.15%    % Unidentified Markets: 11.36%

Americas 78.27%
76.13%
Canada 1.34%
United States 74.79%
2.15%
Argentina 0.11%
Brazil 0.46%
Chile 0.24%
Colombia 0.28%
Mexico 0.51%
Peru 0.05%
Venezuela 0.00%
As of December 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 7.14%
United Kingdom 1.86%
4.62%
Austria 0.11%
Belgium 0.20%
Denmark 0.14%
Finland 0.06%
France 0.93%
Germany 0.39%
Greece 0.00%
Ireland 0.43%
Italy 0.22%
Netherlands 0.63%
Norway 0.10%
Portugal 0.00%
Spain 0.44%
Sweden 0.17%
Switzerland 0.43%
0.18%
Czech Republic 0.13%
Poland 0.02%
Turkey 0.03%
0.48%
Egypt 0.04%
Israel 0.09%
Qatar 0.00%
Saudi Arabia 0.04%
South Africa 0.18%
United Arab Emirates 0.01%
Greater Asia 3.22%
Japan 0.79%
0.71%
Australia 0.68%
0.95%
Hong Kong 0.12%
Singapore 0.21%
South Korea 0.27%
Taiwan 0.34%
0.78%
China 0.31%
India 0.27%
Indonesia 0.09%
Malaysia 0.01%
Philippines 0.05%
Thailand 0.04%
Unidentified Region 11.36%

Bond Credit Quality Exposure

AAA 4.32%
AA 34.35%
A 9.15%
BBB 11.94%
BB 9.68%
B 4.66%
Below B 0.95%
    CCC 0.94%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.03%
Not Available 24.92%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
4.78%
Materials
0.90%
Consumer Discretionary
1.20%
Financials
1.72%
Real Estate
0.96%
Sensitive
5.62%
Communication Services
0.99%
Energy
0.41%
Industrials
1.38%
Information Technology
2.84%
Defensive
1.93%
Consumer Staples
0.52%
Health Care
1.07%
Utilities
0.33%
Not Classified
87.67%
Non Classified Equity
0.52%
Not Classified - Non Equity
87.15%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 35.62%
Corporate 35.53%
Securitized 26.42%
Municipal 1.32%
Other 1.10%
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Bond Maturity Exposure

Short Term
8.92%
Less than 1 Year
8.92%
Intermediate
48.66%
1 to 3 Years
12.89%
3 to 5 Years
15.32%
5 to 10 Years
20.45%
Long Term
41.02%
10 to 20 Years
9.64%
20 to 30 Years
29.25%
Over 30 Years
2.13%
Other
1.41%
As of December 31, 2025
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