Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.03%
Stock 0.00%
Bond 99.78%
Convertible 0.00%
Preferred 0.00%
Other 0.19%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 0.68%
Securitized 0.00%
Municipal 98.25%
Other 1.07%
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Region Exposure

% Developed Markets: 98.10%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.90%

Americas 98.10%
98.10%
United States 98.10%
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 1.90%

Bond Credit Quality Exposure

AAA 10.26%
AA 46.68%
A 22.41%
BBB 6.64%
BB 1.75%
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 1.80%
Not Available 10.46%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
10.30%
Less than 1 Year
10.30%
Intermediate
63.27%
1 to 3 Years
23.55%
3 to 5 Years
23.79%
5 to 10 Years
15.92%
Long Term
26.44%
10 to 20 Years
11.24%
20 to 30 Years
11.93%
Over 30 Years
3.27%
Other
0.00%
As of December 31, 2025
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