Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 100.0%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 6.49%
Securitized 0.00%
Municipal 93.32%
Other 0.19%
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Region Exposure

% Developed Markets: 97.77%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.23%

Americas 97.77%
97.77%
United States 97.77%
0.00%
As of December 31, 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 2.23%

Bond Credit Quality Exposure

AAA 29.49%
AA 48.88%
A 4.34%
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 0.00%
Not Available 17.29%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
27.66%
Less than 1 Year
27.66%
Intermediate
6.99%
1 to 3 Years
2.48%
3 to 5 Years
0.00%
5 to 10 Years
4.51%
Long Term
65.35%
10 to 20 Years
46.20%
20 to 30 Years
9.55%
Over 30 Years
9.60%
Other
0.00%
As of December 31, 2025
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