Asset Allocation

As of November 30, 2025.
Type % Net
Cash -0.08%
Stock 0.00%
Bond 101.4%
Convertible 0.00%
Preferred -0.18%
Other -1.13%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 2.64%
Securitized 0.00%
Municipal 97.36%
Other 0.00%
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Region Exposure

% Developed Markets: 101.1%    % Emerging Markets: 0.00%    % Unidentified Markets: -1.12%

Americas 101.1%
100.8%
United States 100.8%
0.32%
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 -1.12%

Bond Credit Quality Exposure

AAA 4.31%
AA 42.12%
A 20.56%
BBB 9.51%
BB 4.69%
B 0.00%
Below B 0.56%
    CCC 0.56%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.18%
Not Available 16.07%
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
6.12%
1 to 3 Years
0.15%
3 to 5 Years
2.34%
5 to 10 Years
3.63%
Long Term
93.28%
10 to 20 Years
32.44%
20 to 30 Years
53.79%
Over 30 Years
7.05%
Other
0.00%
As of November 30, 2025
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