Asset Allocation

As of November 30, 2025.
Type % Net
Cash 14.58%
Stock 0.00%
Bond 85.42%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 0.10%
Securitized 0.00%
Municipal 98.65%
Other 1.25%
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Region Exposure

% Developed Markets: 82.38%    % Emerging Markets: 0.00%    % Unidentified Markets: 17.62%

Americas 82.38%
82.38%
United States 82.38%
0.00%
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 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 17.62%

Bond Credit Quality Exposure

AAA 11.34%
AA 27.17%
A 9.37%
BBB 0.04%
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 1.02%
Not Available 51.06%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
28.51%
Less than 1 Year
28.51%
Intermediate
9.80%
1 to 3 Years
1.65%
3 to 5 Years
0.46%
5 to 10 Years
7.70%
Long Term
60.43%
10 to 20 Years
42.72%
20 to 30 Years
14.30%
Over 30 Years
3.42%
Other
1.25%
As of November 30, 2025
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