Asset Allocation

As of November 30, 2025.
Type % Net
Cash 14.23%
Stock 0.00%
Bond 85.77%
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 1.80%
Securitized 0.00%
Municipal 98.19%
Other 0.01%
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Region Exposure

% Developed Markets: 82.89%    % Emerging Markets: 0.00%    % Unidentified Markets: 17.11%

Americas 82.89%
82.89%
United States 82.89%
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 17.11%

Bond Credit Quality Exposure

AAA 3.54%
AA 30.02%
A 18.13%
BBB 2.77%
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 6.49%
Not Available 39.04%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
17.75%
Less than 1 Year
17.75%
Intermediate
18.57%
1 to 3 Years
5.28%
3 to 5 Years
1.86%
5 to 10 Years
11.43%
Long Term
63.67%
10 to 20 Years
26.64%
20 to 30 Years
26.07%
Over 30 Years
10.95%
Other
0.01%
As of November 30, 2025
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