Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.15%
Stock 0.00%
Bond 99.00%
Convertible 0.00%
Preferred 0.00%
Other 0.85%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 2.09%
Securitized 0.00%
Municipal 97.91%
Other 0.00%
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Region Exposure

% Developed Markets: 99.15%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.85%

Americas 98.90%
98.90%
United States 98.90%
0.00%
As of September 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 0.25%
Japan 0.00%
0.00%
0.25%
0.00%
Unidentified Region 0.85%

Bond Credit Quality Exposure

AAA 1.80%
AA 42.29%
A 26.50%
BBB 15.48%
BB 4.63%
B 0.35%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 4.75%
Not Available 4.20%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.61%
Less than 1 Year
0.61%
Intermediate
21.23%
1 to 3 Years
2.98%
3 to 5 Years
2.28%
5 to 10 Years
15.96%
Long Term
78.16%
10 to 20 Years
34.93%
20 to 30 Years
40.58%
Over 30 Years
2.65%
Other
0.00%
As of September 30, 2025
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