Asset Allocation

As of August 31, 2025.
Type % Net
Cash 0.77%
Stock 0.00%
Bond 99.23%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of August 31, 2025
Type % Net
Government 0.00%
Corporate 2.41%
Securitized 0.00%
Municipal 97.59%
Other 0.00%
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Region Exposure

% Developed Markets: 98.42%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.58%

Americas 97.90%
96.17%
United States 96.17%
1.72%
As of August 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 0.52%
Japan 0.00%
0.00%
0.52%
0.00%
Unidentified Region 1.58%

Bond Credit Quality Exposure

AAA 2.50%
AA 36.65%
A 30.43%
BBB 12.28%
BB 5.77%
B 1.20%
Below B 0.13%
    CCC 0.13%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.14%
Not Available 9.89%
Short Term 0.00%
As of August 31, 2025
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Bond Maturity Exposure

Short Term
0.09%
Less than 1 Year
0.09%
Intermediate
6.86%
1 to 3 Years
0.92%
3 to 5 Years
0.86%
5 to 10 Years
5.08%
Long Term
93.06%
10 to 20 Years
22.31%
20 to 30 Years
60.28%
Over 30 Years
10.47%
Other
0.00%
As of August 31, 2025
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