Asset Allocation

As of December 31, 2025.
Type % Net
Cash 6.42%
Stock 25.11%
Bond 49.46%
Convertible 0.00%
Preferred 0.12%
Other 18.89%
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Market Capitalization

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

% Developed Markets: 73.26%    % Emerging Markets: 4.24%    % Unidentified Markets: 22.50%

Americas 63.07%
60.96%
Canada 1.19%
United States 59.77%
2.11%
Argentina 0.10%
Brazil 0.53%
Chile 0.24%
Colombia 0.27%
Mexico 0.43%
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 8.61%
United Kingdom 2.06%
5.67%
Austria 0.12%
Belgium 0.20%
Denmark 0.16%
Finland 0.09%
France 1.03%
Germany 0.59%
Greece 0.02%
Ireland 0.67%
Italy 0.30%
Netherlands 0.73%
Norway 0.08%
Portugal 0.01%
Spain 0.48%
Sweden 0.26%
Switzerland 0.61%
0.23%
Czech Republic 0.13%
Poland 0.04%
Turkey 0.05%
0.65%
Egypt 0.04%
Israel 0.12%
Qatar 0.02%
Saudi Arabia 0.10%
South Africa 0.27%
United Arab Emirates 0.05%
Greater Asia 5.82%
Japan 1.31%
0.82%
Australia 0.78%
1.95%
Hong Kong 0.27%
Singapore 0.26%
South Korea 0.58%
Taiwan 0.83%
1.74%
China 0.80%
India 0.67%
Indonesia 0.10%
Malaysia 0.04%
Philippines 0.05%
Thailand 0.09%
Unidentified Region 22.50%

Bond Credit Quality Exposure

AAA 2.85%
AA 35.39%
A 7.63%
BBB 11.31%
BB 12.96%
B 6.22%
Below B 1.28%
    CCC 1.27%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.01%
Not Rated 0.04%
Not Available 22.31%
Short Term 0.00%
As of December 31, 2025
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Stock Sector Exposure

Cyclical
10.22%
Materials
1.56%
Consumer Discretionary
2.90%
Financials
4.47%
Real Estate
1.29%
Sensitive
12.80%
Communication Services
2.15%
Energy
0.93%
Industrials
3.36%
Information Technology
6.36%
Defensive
4.60%
Consumer Staples
1.23%
Health Care
2.65%
Utilities
0.72%
Not Classified
72.38%
Non Classified Equity
0.59%
Not Classified - Non Equity
71.78%
As of December 31, 2025
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 40.83%
Corporate 38.06%
Securitized 18.42%
Municipal 1.34%
Other 1.35%
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Bond Maturity Exposure

Short Term
12.81%
Less than 1 Year
12.81%
Intermediate
51.31%
1 to 3 Years
14.94%
3 to 5 Years
15.54%
5 to 10 Years
20.84%
Long Term
34.01%
10 to 20 Years
7.26%
20 to 30 Years
24.77%
Over 30 Years
1.98%
Other
1.87%
As of December 31, 2025
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