Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 98.52%
Convertible 0.00%
Preferred 0.00%
Other 1.48%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 1.57%
Securitized 0.00%
Municipal 97.38%
Other 1.05%
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Region Exposure

% Developed Markets: 97.49%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.51%

Americas 95.32%
94.57%
United States 94.57%
0.75%
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 2.17%
Japan 0.00%
0.00%
2.17%
0.00%
Unidentified Region 2.51%

Bond Credit Quality Exposure

AAA 11.01%
AA 50.80%
A 17.41%
BBB 9.36%
BB 3.38%
B 0.00%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.83%
Not Available 6.22%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.14%
Less than 1 Year
0.14%
Intermediate
23.99%
1 to 3 Years
3.59%
3 to 5 Years
3.28%
5 to 10 Years
17.13%
Long Term
75.87%
10 to 20 Years
33.95%
20 to 30 Years
37.88%
Over 30 Years
4.04%
Other
0.00%
As of September 30, 2025
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