Asset Allocation

As of September 30, 2025.
Type % Net
Cash -1.98%
Stock 0.00%
Bond 101.1%
Convertible 0.00%
Preferred 0.00%
Other 0.88%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 4.42%
Securitized 0.00%
Municipal 95.57%
Other 0.01%
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Region Exposure

% Developed Markets: 98.76%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.24%

Americas 98.76%
97.14%
United States 97.14%
1.63%
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 1.24%

Bond Credit Quality Exposure

AAA 2.84%
AA 48.82%
A 28.07%
BBB 10.36%
BB 0.00%
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 1.10%
Not Available 8.81%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.93%
Less than 1 Year
0.93%
Intermediate
7.05%
1 to 3 Years
3.07%
3 to 5 Years
0.90%
5 to 10 Years
3.07%
Long Term
92.01%
10 to 20 Years
34.76%
20 to 30 Years
52.80%
Over 30 Years
4.46%
Other
0.01%
As of September 30, 2025
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