Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.69%
Stock 0.13%
Bond 99.18%
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 4.13%
Securitized 0.00%
Municipal 95.87%
Other 0.00%
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Region Exposure

% Developed Markets: 97.25%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.75%

Americas 97.25%
94.02%
United States 94.02%
3.24%
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 2.75%

Bond Credit Quality Exposure

AAA 3.29%
AA 11.69%
A 5.37%
BBB 11.62%
BB 7.64%
B 1.93%
Below B 0.41%
    CCC 0.41%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 6.67%
Not Available 51.38%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.75%
Less than 1 Year
0.75%
Intermediate
9.27%
1 to 3 Years
0.90%
3 to 5 Years
1.64%
5 to 10 Years
6.72%
Long Term
89.98%
10 to 20 Years
19.70%
20 to 30 Years
50.11%
Over 30 Years
20.17%
Other
0.00%
As of November 30, 2025
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