Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.29%
Stock 0.09%
Bond 98.63%
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 0.68%
Securitized 0.00%
Municipal 99.14%
Other 0.17%
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Region Exposure

% Developed Markets: 99.56%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.44%

Americas 99.36%
95.89%
United States 95.89%
3.47%
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 0.20%
Japan 0.00%
0.00%
0.20%
0.00%
Unidentified Region 0.44%

Bond Credit Quality Exposure

AAA 0.17%
AA 6.58%
A 10.97%
BBB 13.34%
BB 15.88%
B 3.64%
Below B 0.07%
    CCC 0.07%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 6.38%
Not Available 42.97%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
2.56%
Less than 1 Year
2.56%
Intermediate
32.28%
1 to 3 Years
4.55%
3 to 5 Years
6.43%
5 to 10 Years
21.31%
Long Term
65.15%
10 to 20 Years
44.21%
20 to 30 Years
18.40%
Over 30 Years
2.55%
Other
0.00%
As of November 30, 2025
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