Asset Allocation

As of June 30, 2025.
Type % Net
Cash -3.93%
Stock 0.00%
Bond 103.8%
Convertible 0.00%
Preferred 0.09%
Other 0.00%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 0.00%
Corporate 1.17%
Securitized 0.00%
Municipal 98.80%
Other 0.03%
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Region Exposure

% Developed Markets: 99.86%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.14%

Americas 99.31%
99.31%
United States 99.31%
0.00%
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 0.55%
Japan 0.00%
0.00%
0.55%
0.00%
Unidentified Region 0.14%

Bond Credit Quality Exposure

AAA 6.34%
AA 37.30%
A 40.60%
BBB 10.70%
BB 0.76%
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 0.42%
Not Available 3.88%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
4.40%
Less than 1 Year
4.40%
Intermediate
52.71%
1 to 3 Years
12.68%
3 to 5 Years
14.91%
5 to 10 Years
25.13%
Long Term
42.86%
10 to 20 Years
10.91%
20 to 30 Years
24.57%
Over 30 Years
7.38%
Other
0.03%
As of June 30, 2025
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