Asset Allocation

As of October 31, 2025.
Type % Net
Cash 2.67%
Stock 0.00%
Bond 95.78%
Convertible 0.00%
Preferred 0.01%
Other 1.55%
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Bond Sector Exposure

As of October 31, 2025
Type % Net
Government 0.16%
Corporate 1.68%
Securitized 1.26%
Municipal 96.61%
Other 0.29%
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Region Exposure

% Developed Markets: 94.43%    % Emerging Markets: 0.00%    % Unidentified Markets: 5.57%

Americas 94.27%
91.37%
Canada -0.20%
United States 91.57%
2.90%
As of October 31, 2025. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 0.03%
United Kingdom 0.01%
0.01%
Denmark 0.00%
Finland 0.00%
France 0.01%
Norway 0.00%
Spain 0.00%
Sweden 0.00%
Switzerland 0.00%
0.00%
0.00%
Greater Asia 0.13%
Japan 0.01%
-0.00%
Australia -0.00%
0.12%
Singapore 0.01%
South Korea 0.00%
0.00%
Philippines 0.00%
Unidentified Region 5.57%

Bond Credit Quality Exposure

AAA 4.42%
AA 23.62%
A 17.26%
BBB 10.86%
BB 5.95%
B 0.99%
Below B 0.95%
    CCC 0.82%
    CC 0.12%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 6.97%
Not Available 28.99%
Short Term 0.00%
As of October 31, 2025
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Bond Maturity Exposure

Short Term
1.11%
Less than 1 Year
1.11%
Intermediate
15.49%
1 to 3 Years
2.31%
3 to 5 Years
2.61%
5 to 10 Years
10.57%
Long Term
83.39%
10 to 20 Years
32.61%
20 to 30 Years
41.92%
Over 30 Years
8.86%
Other
0.00%
As of October 31, 2025
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