Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.53%
Stock 0.00%
Bond 97.76%
Convertible 0.00%
Preferred 0.00%
Other 0.71%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 1.69%
Corporate 1.17%
Securitized 0.14%
Municipal 96.99%
Other 0.01%
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Region Exposure

% Developed Markets: 97.35%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.65%

Americas 97.26%
95.97%
United States 95.97%
1.30%
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 0.09%
Japan 0.00%
0.00%
0.09%
0.00%
Unidentified Region 2.65%

Bond Credit Quality Exposure

AAA 7.88%
AA 40.47%
A 24.17%
BBB 10.92%
BB 3.38%
B 0.42%
Below B 0.16%
    CCC 0.12%
    CC 0.04%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.84%
Not Available 10.75%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
2.37%
Less than 1 Year
2.37%
Intermediate
15.35%
1 to 3 Years
2.56%
3 to 5 Years
2.49%
5 to 10 Years
10.30%
Long Term
82.28%
10 to 20 Years
33.44%
20 to 30 Years
42.31%
Over 30 Years
6.53%
Other
0.01%
As of September 30, 2025
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