Asset Allocation

As of December 31, 2025.
Type % Net
Cash 1.44%
Stock 0.00%
Bond 98.56%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 1.89%
Securitized 0.95%
Municipal 97.15%
Other 0.00%
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Region Exposure

% Developed Markets: 98.44%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.56%

Americas 98.44%
98.44%
United States 98.44%
0.00%
As of December 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 1.56%

Bond Credit Quality Exposure

AAA 8.97%
AA 59.47%
A 25.36%
BBB 3.36%
BB 0.00%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.00%
Not Available 2.84%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
2.50%
Less than 1 Year
2.50%
Intermediate
21.19%
1 to 3 Years
1.88%
3 to 5 Years
7.44%
5 to 10 Years
11.88%
Long Term
76.31%
10 to 20 Years
38.98%
20 to 30 Years
33.46%
Over 30 Years
3.87%
Other
0.00%
As of December 31, 2025
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