Asset Allocation

As of November 30, 2025.
Type % Net
Cash 8.56%
Stock 0.00%
Bond 89.78%
Convertible 0.00%
Preferred 1.33%
Other 0.32%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 10.38%
Securitized 0.00%
Municipal 89.28%
Other 0.33%
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Region Exposure

% Developed Markets: 91.62%    % Emerging Markets: 0.00%    % Unidentified Markets: 8.38%

Americas 91.62%
91.62%
United States 91.62%
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 8.38%

Bond Credit Quality Exposure

AAA 8.08%
AA 28.32%
A 2.26%
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 5.84%
Not Available 55.51%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
23.88%
Less than 1 Year
23.88%
Intermediate
7.91%
1 to 3 Years
0.60%
3 to 5 Years
1.23%
5 to 10 Years
6.08%
Long Term
67.80%
10 to 20 Years
23.80%
20 to 30 Years
35.52%
Over 30 Years
8.48%
Other
0.40%
As of November 30, 2025
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