Asset Allocation

As of February 28, 2026.
Type % Net
Cash 87.77%
Stock 0.00%
Bond 12.24%
Convertible 0.00%
Preferred 0.00%
Other -0.02%
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Bond Sector Exposure

As of February 28, 2026
Type % Net
Government 0.00%
Corporate 20.14%
Securitized 2.86%
Municipal 77.00%
Other 0.00%
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Region Exposure

% Developed Markets: 69.38%    % Emerging Markets: 0.00%    % Unidentified Markets: 30.62%

Americas 64.52%
63.25%
Canada 3.43%
United States 59.82%
1.27%
As of February 28, 2026. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 4.09%
United Kingdom 0.00%
4.09%
France 0.23%
Germany 0.22%
Ireland 3.18%
Sweden 0.46%
0.00%
0.00%
Greater Asia 0.76%
Japan 0.00%
0.76%
Australia 0.76%
0.00%
0.00%
Unidentified Region 30.62%

Bond Credit Quality Exposure

AAA 8.37%
AA 47.32%
A 0.00%
BBB 0.00%
BB 0.00%
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 2.77%
Not Available 41.54%
Short Term 0.00%
As of February 28, 2026
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Bond Maturity Exposure

Short Term
3.76%
Less than 1 Year
3.76%
Intermediate
27.28%
1 to 3 Years
18.68%
3 to 5 Years
1.73%
5 to 10 Years
6.88%
Long Term
68.95%
10 to 20 Years
13.10%
20 to 30 Years
40.55%
Over 30 Years
15.30%
Other
0.00%
As of February 28, 2026
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