Asset Allocation

As of June 30, 2025.
Type % Net
Cash -0.92%
Stock 0.00%
Bond 100.9%
Convertible 0.00%
Preferred 0.03%
Other 0.00%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 0.00%
Corporate 0.03%
Securitized 0.00%
Municipal 99.96%
Other 0.01%
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Region Exposure

% Developed Markets: 99.95%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.05%

Americas 99.95%
96.37%
United States 96.37%
3.58%
As of June 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 0.05%

Bond Credit Quality Exposure

AAA 3.70%
AA 40.39%
A 38.03%
BBB 5.16%
BB 3.10%
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 1.13%
Not Available 8.49%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
2.39%
Less than 1 Year
2.39%
Intermediate
20.62%
1 to 3 Years
1.95%
3 to 5 Years
2.56%
5 to 10 Years
16.12%
Long Term
76.99%
10 to 20 Years
41.26%
20 to 30 Years
33.46%
Over 30 Years
2.27%
Other
0.01%
As of June 30, 2025
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