Asset Allocation

As of September 30, 2025.
Type % Net
Cash 3.48%
Stock 0.00%
Bond 96.52%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 9.50%
Securitized 0.00%
Municipal 89.69%
Other 0.80%
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Region Exposure

% Developed Markets: 87.76%    % Emerging Markets: 0.00%    % Unidentified Markets: 12.24%

Americas 87.76%
87.76%
United States 87.76%
0.00%
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 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 12.24%

Bond Credit Quality Exposure

AAA 2.60%
AA 26.45%
A 15.55%
BBB 0.00%
BB 0.10%
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 2.93%
Not Available 52.37%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
28.70%
Less than 1 Year
28.70%
Intermediate
8.22%
1 to 3 Years
3.90%
3 to 5 Years
0.65%
5 to 10 Years
3.67%
Long Term
62.27%
10 to 20 Years
23.92%
20 to 30 Years
26.83%
Over 30 Years
11.51%
Other
0.80%
As of September 30, 2025
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