Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.14%
Stock 0.00%
Bond 95.25%
Convertible 0.00%
Preferred 2.92%
Other -0.30%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 6.33%
Securitized 0.00%
Municipal 89.65%
Other 4.02%
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Region Exposure

% Developed Markets: 90.21%    % Emerging Markets: 0.00%    % Unidentified Markets: 9.79%

Americas 90.21%
90.21%
United States 90.21%
0.00%
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 9.79%

Bond Credit Quality Exposure

AAA 4.99%
AA 32.11%
A 9.96%
BBB 0.00%
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 4.54%
Not Available 48.40%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
20.05%
Less than 1 Year
20.05%
Intermediate
15.23%
1 to 3 Years
1.92%
3 to 5 Years
5.78%
5 to 10 Years
7.54%
Long Term
60.68%
10 to 20 Years
19.76%
20 to 30 Years
34.43%
Over 30 Years
6.49%
Other
4.03%
As of November 30, 2025
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