Asset Allocation

As of November 30, 2025.
Type % Net
Cash 8.02%
Stock 0.00%
Bond 89.20%
Convertible 0.00%
Preferred 2.49%
Other 0.28%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 5.21%
Securitized 0.00%
Municipal 90.29%
Other 4.50%
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Region Exposure

% Developed Markets: 88.80%    % Emerging Markets: 0.00%    % Unidentified Markets: 11.20%

Americas 88.80%
88.80%
United States 88.80%
0.00%
As of November 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 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 11.20%

Bond Credit Quality Exposure

AAA 7.99%
AA 27.20%
A 6.82%
BBB 0.19%
BB 0.13%
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 6.37%
Not Available 51.31%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
27.58%
Less than 1 Year
27.58%
Intermediate
11.82%
1 to 3 Years
2.13%
3 to 5 Years
2.34%
5 to 10 Years
7.34%
Long Term
56.13%
10 to 20 Years
21.71%
20 to 30 Years
29.33%
Over 30 Years
5.09%
Other
4.47%
As of November 30, 2025
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