Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.56%
Stock 0.00%
Bond 98.72%
Convertible 0.00%
Preferred 0.00%
Other 0.72%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.94%
Corporate 0.70%
Securitized 0.00%
Municipal 98.36%
Other 0.00%
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Region Exposure

% Developed Markets: 98.82%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.18%

Americas 98.82%
98.82%
United States 98.82%
0.00%
As of December 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 1.18%

Bond Credit Quality Exposure

AAA 3.65%
AA 59.68%
A 32.43%
BBB 0.49%
BB 0.00%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.67%
Not Available 3.08%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.94%
Less than 1 Year
2.94%
Intermediate
43.50%
1 to 3 Years
5.40%
3 to 5 Years
8.32%
5 to 10 Years
29.78%
Long Term
53.56%
10 to 20 Years
49.81%
20 to 30 Years
3.75%
Over 30 Years
0.00%
Other
0.00%
As of December 31, 2025
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