Asset Allocation

As of June 30, 2025.
Type % Net
Cash 3.70%
Stock 0.00%
Bond 94.97%
Convertible 0.00%
Preferred 0.00%
Other 1.34%
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Bond Sector Exposure

As of June 30, 2025
Type % Net
Government 0.15%
Corporate 3.48%
Securitized 6.26%
Municipal 88.15%
Other 1.96%
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Region Exposure

% Developed Markets: 88.70%    % Emerging Markets: 0.01%    % Unidentified Markets: 11.29%

Americas 88.42%
83.85%
Canada -1.15%
United States 85.01%
4.57%
As of June 30, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.16%
United Kingdom 0.08%
0.08%
Denmark 0.00%
Finland 0.00%
France 0.05%
Norway 0.00%
Spain 0.00%
Sweden 0.00%
Switzerland 0.03%
0.00%
0.00%
Greater Asia 0.13%
Japan 0.04%
-0.00%
Australia -0.00%
0.07%
Singapore 0.05%
South Korea 0.00%
0.01%
Philippines 0.01%
Unidentified Region 11.29%

Bond Credit Quality Exposure

AAA 6.65%
AA 18.92%
A 17.56%
BBB 7.88%
BB 4.38%
B 0.97%
Below B 0.96%
    CCC 0.80%
    CC 0.16%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 7.31%
Not Available 35.37%
Short Term 0.00%
As of June 30, 2025
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Bond Maturity Exposure

Short Term
1.33%
Less than 1 Year
1.33%
Intermediate
6.67%
1 to 3 Years
1.51%
3 to 5 Years
0.97%
5 to 10 Years
4.19%
Long Term
91.99%
10 to 20 Years
30.25%
20 to 30 Years
48.39%
Over 30 Years
13.36%
Other
0.00%
As of June 30, 2025
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