Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.95%
Stock 0.00%
Bond 98.05%
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 0.62%
Securitized 0.00%
Municipal 99.38%
Other 0.00%
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Region Exposure

% Developed Markets: 100.0%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.00%

Americas 99.70%
96.99%
United States 96.99%
2.70%
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 0.30%
Japan 0.00%
0.00%
0.30%
0.00%
Unidentified Region 0.00%

Bond Credit Quality Exposure

AAA 7.80%
AA 46.93%
A 17.71%
BBB 17.30%
BB 1.84%
B 0.06%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 3.55%
Not Available 4.81%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.61%
Less than 1 Year
0.61%
Intermediate
10.30%
1 to 3 Years
2.55%
3 to 5 Years
1.90%
5 to 10 Years
5.85%
Long Term
89.10%
10 to 20 Years
39.66%
20 to 30 Years
45.70%
Over 30 Years
3.74%
Other
0.00%
As of November 30, 2025
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