Asset Allocation

As of November 30, 2025.
Type % Net
Cash 1.25%
Stock 0.00%
Bond 97.19%
Convertible 0.00%
Preferred 0.00%
Other 1.56%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 2.38%
Securitized 0.00%
Municipal 97.62%
Other 0.00%
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Region Exposure

% Developed Markets: 96.88%    % Emerging Markets: 0.00%    % Unidentified Markets: 3.12%

Americas 96.88%
94.91%
United States 94.91%
1.97%
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 3.12%

Bond Credit Quality Exposure

AAA 1.25%
AA 15.17%
A 20.47%
BBB 16.82%
BB 6.60%
B 1.27%
Below B 0.10%
    CCC 0.10%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.91%
Not Available 35.41%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.32%
Less than 1 Year
0.32%
Intermediate
13.71%
1 to 3 Years
1.40%
3 to 5 Years
2.35%
5 to 10 Years
9.95%
Long Term
85.97%
10 to 20 Years
37.00%
20 to 30 Years
39.70%
Over 30 Years
9.27%
Other
0.00%
As of November 30, 2025
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