Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.22%
Stock 0.00%
Bond 99.00%
Convertible 0.00%
Preferred 0.00%
Other 0.78%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 0.28%
Securitized 0.00%
Municipal 99.72%
Other 0.00%
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Region Exposure

% Developed Markets: 97.98%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.02%

Americas 97.98%
97.79%
United States 97.79%
0.19%
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 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 2.02%

Bond Credit Quality Exposure

AAA 4.78%
AA 39.35%
A 32.91%
BBB 14.51%
BB 3.20%
B 0.08%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.76%
Not Available 4.41%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
9.94%
1 to 3 Years
0.30%
3 to 5 Years
1.65%
5 to 10 Years
7.99%
Long Term
90.06%
10 to 20 Years
33.82%
20 to 30 Years
50.23%
Over 30 Years
6.01%
Other
0.00%
As of September 30, 2025
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