Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 92.85%
Convertible 0.00%
Preferred 0.00%
Other 7.15%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 0.53%
Securitized 6.61%
Municipal 92.86%
Other 0.00%
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Region Exposure

% Developed Markets: 92.72%    % Emerging Markets: 0.00%    % Unidentified Markets: 7.28%

Americas 92.72%
91.01%
United States 91.01%
1.71%
As of September 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 7.28%

Bond Credit Quality Exposure

AAA 8.83%
AA 35.50%
A 28.56%
BBB 8.05%
BB 1.55%
B 0.40%
Below B 0.21%
    CCC 0.21%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.40%
Not Available 14.50%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.69%
Less than 1 Year
0.69%
Intermediate
26.26%
1 to 3 Years
2.83%
3 to 5 Years
3.97%
5 to 10 Years
19.46%
Long Term
73.05%
10 to 20 Years
42.14%
20 to 30 Years
23.24%
Over 30 Years
7.67%
Other
0.00%
As of September 30, 2025
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