Asset Allocation

As of June 30, 2025.
Type % Net
Cash 0.79%
Stock 0.00%
Bond 97.80%
Convertible 0.00%
Preferred 0.00%
Other 1.41%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 0.20%
Corporate 0.16%
Securitized 1.19%
Municipal 98.44%
Other 0.01%
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Region Exposure

% Developed Markets: 97.38%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.62%

Americas 97.34%
97.34%
Canada -0.17%
United States 97.51%
0.00%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.02%
United Kingdom 0.01%
0.01%
Denmark 0.00%
Finland 0.00%
France 0.01%
Norway 0.00%
Spain 0.00%
Sweden 0.00%
Switzerland 0.00%
0.00%
0.00%
Greater Asia 0.01%
Japan 0.01%
-0.00%
Australia -0.00%
0.01%
Singapore 0.01%
South Korea 0.00%
0.00%
Philippines 0.00%
Unidentified Region 2.62%

Bond Credit Quality Exposure

AAA 2.31%
AA 77.05%
A 16.44%
BBB 0.07%
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 2.83%
Not Available 1.30%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
4.40%
Less than 1 Year
4.40%
Intermediate
73.81%
1 to 3 Years
7.66%
3 to 5 Years
17.13%
5 to 10 Years
49.03%
Long Term
21.79%
10 to 20 Years
21.79%
20 to 30 Years
0.00%
Over 30 Years
0.00%
Other
0.00%
As of June 30, 2025
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