Asset Allocation

As of October 31, 2025.
Type % Net
Cash 5.23%
Stock 0.00%
Bond 93.64%
Convertible 0.00%
Preferred 0.00%
Other 1.13%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 1.10%
Corporate 0.00%
Securitized 0.81%
Municipal 98.10%
Other 0.00%
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Region Exposure

% Developed Markets: 94.64%    % Emerging Markets: 0.00%    % Unidentified Markets: 5.36%

Americas 94.46%
93.83%
United States 93.83%
0.63%
As of October 31, 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 0.18%
Japan 0.00%
0.00%
0.18%
0.00%
Unidentified Region 5.36%

Bond Credit Quality Exposure

AAA 6.75%
AA 33.57%
A 34.57%
BBB 11.54%
BB 1.74%
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 0.29%
Not Available 11.55%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
14.24%
Less than 1 Year
14.24%
Intermediate
46.09%
1 to 3 Years
23.67%
3 to 5 Years
12.58%
5 to 10 Years
9.84%
Long Term
39.67%
10 to 20 Years
16.08%
20 to 30 Years
18.43%
Over 30 Years
5.15%
Other
0.00%
As of October 31, 2025
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