Asset Allocation

As of November 30, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 98.37%
Convertible 0.00%
Preferred 0.00%
Other 1.63%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 0.81%
Securitized 0.00%
Municipal 98.84%
Other 0.35%
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Region Exposure

% Developed Markets: 98.02%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.98%

Americas 97.90%
93.45%
United States 93.45%
4.45%
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 0.13%
Japan 0.00%
0.00%
0.13%
0.00%
Unidentified Region 1.98%

Bond Credit Quality Exposure

AAA 0.49%
AA 0.42%
A 1.71%
BBB 17.18%
BB 10.69%
B 2.85%
Below B 4.84%
    CCC 4.84%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 14.38%
Not Available 47.44%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
0.01%
Less than 1 Year
0.01%
Intermediate
8.22%
1 to 3 Years
1.05%
3 to 5 Years
3.05%
5 to 10 Years
4.12%
Long Term
91.42%
10 to 20 Years
20.33%
20 to 30 Years
45.94%
Over 30 Years
25.15%
Other
0.35%
As of November 30, 2025
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