Asset Allocation

As of June 30, 2025.
Type % Net
Cash 5.90%
Stock 0.00%
Bond 119.3%
Convertible 0.00%
Preferred -0.62%
Other -24.55%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 0.00%
Corporate 1.61%
Securitized 4.99%
Municipal 89.11%
Other 4.29%
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Region Exposure

% Developed Markets: 113.5%    % Emerging Markets: 0.00%    % Unidentified Markets: -13.50%

Americas 113.5%
109.2%
United States 109.2%
4.23%
As of June 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 0.02%
Japan 0.00%
0.00%
0.02%
0.00%
Unidentified Region -13.50%

Bond Credit Quality Exposure

AAA 7.74%
AA 25.71%
A 16.19%
BBB 6.71%
BB 2.13%
B 0.02%
Below B 0.28%
    CCC 0.28%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.58%
Not Available 38.64%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
0.05%
Less than 1 Year
0.05%
Intermediate
7.43%
1 to 3 Years
0.22%
3 to 5 Years
0.83%
5 to 10 Years
6.38%
Long Term
92.52%
10 to 20 Years
33.55%
20 to 30 Years
46.48%
Over 30 Years
12.50%
Other
0.00%
As of June 30, 2025
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