Asset Allocation

As of June 30, 2026.
Type % Net
Cash -10.56%
Stock 0.01%
Bond 128.7%
Convertible 0.00%
Preferred -18.29%
Other 0.16%
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Bond Sector Exposure

As of June 30, 2026
Type % Net
Government 0.01%
Corporate 2.15%
Securitized 0.31%
Municipal 99.21%
Other -1.68%
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Region Exposure

% Developed Markets: 103.3%    % Emerging Markets: 0.00%    % Unidentified Markets: -3.26%

Americas 103.1%
99.30%
Canada 0.00%
United States 99.30%
3.82%
As of June 30, 2026. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.00%
United Kingdom 0.00%
0.00%
Ireland 0.00%
0.00%
0.00%
Greater Asia 0.15%
Japan 0.00%
0.00%
0.15%
0.00%
Unidentified Region -3.26%

Bond Credit Quality Exposure

AAA 7.65%
AA 43.97%
A 20.70%
BBB 10.96%
BB 3.86%
B 0.64%
Below B 0.14%
    CCC 0.12%
    CC 0.01%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.08%
Not Available 10.01%
Short Term 0.00%
As of June 30, 2026
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Bond Maturity Exposure

Short Term
0.39%
Less than 1 Year
0.39%
Intermediate
9.23%
1 to 3 Years
1.15%
3 to 5 Years
1.97%
5 to 10 Years
6.10%
Long Term
93.07%
10 to 20 Years
22.18%
20 to 30 Years
59.78%
Over 30 Years
11.11%
Other
-2.68%
As of June 30, 2026
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