Asset Allocation

As of October 31, 2025.
Type % Net
Cash 2.01%
Stock 0.00%
Bond 97.99%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 0.00%
Corporate 1.50%
Securitized 0.00%
Municipal 98.38%
Other 0.12%
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Region Exposure

% Developed Markets: 98.82%    % Emerging Markets: 0.19%    % Unidentified Markets: 0.99%

Americas 98.82%
94.08%
United States 94.08%
4.74%
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 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 1.18%

Bond Credit Quality Exposure

AAA 2.33%
AA 15.89%
A 9.43%
BBB 9.57%
BB 6.51%
B 1.07%
Below B 0.15%
    CCC 0.15%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 13.14%
Not Available 41.91%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
0.67%
Less than 1 Year
0.67%
Intermediate
8.47%
1 to 3 Years
0.76%
3 to 5 Years
1.30%
5 to 10 Years
6.41%
Long Term
90.86%
10 to 20 Years
20.08%
20 to 30 Years
56.09%
Over 30 Years
14.69%
Other
0.00%
As of October 31, 2025
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