Asset Allocation

As of October 31, 2025.
Type % Net
Cash 0.01%
Stock 0.00%
Bond 99.07%
Convertible 0.00%
Preferred 0.00%
Other 0.92%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 0.02%
Corporate 0.84%
Securitized 0.00%
Municipal 99.14%
Other 0.00%
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Region Exposure

% Developed Markets: 97.88%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.12%

Americas 97.74%
97.40%
Canada 0.00%
United States 97.40%
0.34%
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 0.14%
Japan 0.00%
0.00%
0.14%
0.00%
Unidentified Region 2.12%

Bond Credit Quality Exposure

AAA 0.37%
AA 7.94%
A 4.37%
BBB 11.05%
BB 23.37%
B 4.54%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 8.98%
Not Available 39.38%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
1.20%
Less than 1 Year
1.20%
Intermediate
44.07%
1 to 3 Years
3.68%
3 to 5 Years
5.36%
5 to 10 Years
35.03%
Long Term
54.73%
10 to 20 Years
34.15%
20 to 30 Years
9.86%
Over 30 Years
10.72%
Other
0.00%
As of October 31, 2025
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