Asset Allocation

As of November 30, 2025.
Type % Net
Cash -0.59%
Stock 0.00%
Bond 100.9%
Convertible 0.00%
Preferred 0.00%
Other -0.32%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 2.96%
Securitized 0.00%
Municipal 97.04%
Other 0.00%
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Region Exposure

% Developed Markets: 98.70%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.30%

Americas 95.18%
90.93%
United States 90.93%
4.26%
As of November 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 3.52%
Japan 0.00%
0.00%
3.52%
0.00%
Unidentified Region 1.30%

Bond Credit Quality Exposure

AAA 2.28%
AA 65.12%
A 19.06%
BBB 4.22%
BB 0.00%
B 1.19%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 8.13%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.00%
Less than 1 Year
0.00%
Intermediate
10.01%
1 to 3 Years
4.02%
3 to 5 Years
0.36%
5 to 10 Years
5.63%
Long Term
88.56%
10 to 20 Years
54.38%
20 to 30 Years
31.51%
Over 30 Years
2.68%
Other
1.43%
As of November 30, 2025
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