Asset Allocation

As of November 30, 2025.
Type % Net
Cash -1.65%
Stock 0.00%
Bond 101.7%
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 2.76%
Securitized 0.00%
Municipal 97.24%
Other 0.00%
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Region Exposure

% Developed Markets: 99.53%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.47%

Americas 98.95%
96.09%
United States 96.09%
2.86%
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 0.58%
Japan 0.00%
0.00%
0.58%
0.00%
Unidentified Region 0.47%

Bond Credit Quality Exposure

AAA 10.71%
AA 41.95%
A 28.92%
BBB 5.65%
BB 2.42%
B 0.07%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.80%
Not Available 8.48%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.19%
Less than 1 Year
0.19%
Intermediate
4.60%
1 to 3 Years
0.63%
3 to 5 Years
0.07%
5 to 10 Years
3.90%
Long Term
95.21%
10 to 20 Years
28.54%
20 to 30 Years
62.05%
Over 30 Years
4.62%
Other
0.00%
As of November 30, 2025
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