Asset Allocation

As of October 31, 2025.
Type % Net
Cash 3.06%
Stock 0.00%
Bond 98.06%
Convertible 0.00%
Preferred 0.00%
Other -1.12%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 0.00%
Corporate 0.73%
Securitized 0.00%
Municipal 99.11%
Other 0.15%
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Region Exposure

% Developed Markets: 100.7%    % Emerging Markets: 0.00%    % Unidentified Markets: -0.67%

Americas 100.7%
95.41%
United States 95.41%
5.26%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.00%
United Kingdom 0.00%
0.00%
0.00%
0.00%
Greater Asia 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region -0.67%

Bond Credit Quality Exposure

AAA 0.89%
AA 14.70%
A 9.13%
BBB 9.10%
BB 12.18%
B 1.28%
Below B 1.07%
    CCC 1.07%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 16.91%
Not Available 34.73%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
0.45%
Less than 1 Year
0.45%
Intermediate
8.25%
1 to 3 Years
0.96%
3 to 5 Years
1.61%
5 to 10 Years
5.68%
Long Term
91.29%
10 to 20 Years
21.74%
20 to 30 Years
53.62%
Over 30 Years
15.93%
Other
0.00%
As of October 31, 2025
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