Asset Allocation

As of June 30, 2025.
Type % Net
Cash 0.75%
Stock 0.00%
Bond 98.79%
Convertible 0.00%
Preferred 0.00%
Other 0.46%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 2.06%
Corporate 0.17%
Securitized 0.00%
Municipal 97.76%
Other 0.00%
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Region Exposure

% Developed Markets: 98.31%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.69%

Americas 98.31%
95.11%
United States 95.11%
3.20%
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 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 1.69%

Bond Credit Quality Exposure

AAA 1.10%
AA 6.65%
A 10.45%
BBB 11.49%
BB 12.27%
B 2.94%
Below B 0.44%
    CCC 0.44%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 13.14%
Not Available 41.53%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
1.86%
Less than 1 Year
1.86%
Intermediate
8.04%
1 to 3 Years
0.98%
3 to 5 Years
1.48%
5 to 10 Years
5.58%
Long Term
90.11%
10 to 20 Years
37.09%
20 to 30 Years
41.17%
Over 30 Years
11.85%
Other
0.00%
As of June 30, 2025
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