Asset Allocation

As of October 31, 2025.
Type % Net
Cash 0.17%
Stock 0.00%
Bond 104.8%
Convertible 0.00%
Preferred 0.00%
Other -4.98%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 0.00%
Corporate 2.17%
Securitized 0.00%
Municipal 97.83%
Other 0.00%
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Region Exposure

% Developed Markets: 103.8%    % Emerging Markets: 0.00%    % Unidentified Markets: -3.76%

Americas 103.8%
100.3%
United States 100.3%
3.50%
As of October 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 -3.76%

Bond Credit Quality Exposure

AAA 8.15%
AA 39.86%
A 31.39%
BBB 5.69%
BB 2.98%
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 0.53%
Not Available 11.40%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
1.71%
Less than 1 Year
1.71%
Intermediate
6.31%
1 to 3 Years
0.41%
3 to 5 Years
1.15%
5 to 10 Years
4.75%
Long Term
91.98%
10 to 20 Years
46.61%
20 to 30 Years
42.38%
Over 30 Years
2.99%
Other
0.00%
As of October 31, 2025
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