Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.12%
Stock 0.00%
Bond 97.63%
Convertible 0.00%
Preferred 0.16%
Other -0.91%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.98%
Corporate 1.38%
Securitized 0.00%
Municipal 97.55%
Other 0.09%
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Region Exposure

% Developed Markets: 95.44%    % Emerging Markets: 0.00%    % Unidentified Markets: 4.56%

Americas 95.41%
95.40%
United States 95.40%
0.01%
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 0.03%
Japan 0.00%
0.00%
0.03%
0.00%
Unidentified Region 4.56%

Bond Credit Quality Exposure

AAA 6.72%
AA 36.10%
A 28.20%
BBB 6.22%
BB 0.08%
B 0.01%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.03%
Not Available 19.65%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
23.74%
Less than 1 Year
23.74%
Intermediate
32.01%
1 to 3 Years
19.44%
3 to 5 Years
7.40%
5 to 10 Years
5.17%
Long Term
44.16%
10 to 20 Years
16.80%
20 to 30 Years
21.18%
Over 30 Years
6.17%
Other
0.09%
As of September 30, 2025
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