Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.52%
Stock 0.00%
Bond 99.26%
Convertible 0.00%
Preferred 0.00%
Other 0.22%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 0.76%
Securitized 0.00%
Municipal 99.24%
Other 0.00%
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Region Exposure

% Developed Markets: 99.09%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.91%

Americas 98.84%
95.61%
United States 95.61%
3.23%
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 0.25%
Japan 0.00%
0.00%
0.25%
0.00%
Unidentified Region 0.91%

Bond Credit Quality Exposure

AAA 0.63%
AA 5.24%
A 6.29%
BBB 16.30%
BB 17.18%
B 4.02%
Below B 2.34%
    CCC 2.34%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 7.78%
Not Available 40.21%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.60%
Less than 1 Year
0.60%
Intermediate
6.32%
1 to 3 Years
0.49%
3 to 5 Years
1.13%
5 to 10 Years
4.70%
Long Term
93.08%
10 to 20 Years
20.15%
20 to 30 Years
48.22%
Over 30 Years
24.71%
Other
0.00%
As of November 30, 2025
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