Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.82%
Stock 0.00%
Bond 102.9%
Convertible 0.00%
Preferred 0.49%
Other -5.20%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 1.75%
Corporate 2.63%
Securitized 0.82%
Municipal 94.64%
Other 0.16%
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Region Exposure

% Developed Markets: 102.0%    % Emerging Markets: 0.00%    % Unidentified Markets: -2.02%

Americas 101.6%
100.7%
United States 100.7%
0.88%
As of September 30, 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 0.41%
Japan 0.00%
0.00%
0.41%
0.00%
Unidentified Region -2.02%

Bond Credit Quality Exposure

AAA 3.44%
AA 33.67%
A 25.18%
BBB 11.38%
BB 4.57%
B 0.35%
Below B 0.13%
    CCC 0.13%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.52%
Not Available 19.76%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
6.01%
Less than 1 Year
6.01%
Intermediate
12.05%
1 to 3 Years
1.93%
3 to 5 Years
1.49%
5 to 10 Years
8.62%
Long Term
81.81%
10 to 20 Years
31.66%
20 to 30 Years
38.13%
Over 30 Years
12.02%
Other
0.13%
As of September 30, 2025
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