Asset Allocation

As of September 30, 2025.
Type % Net
Cash 1.79%
Stock 0.00%
Bond 98.42%
Convertible 0.00%
Preferred 0.00%
Other -0.21%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 1.37%
Securitized 0.18%
Municipal 98.45%
Other 0.00%
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Region Exposure

% Developed Markets: 97.82%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.18%

Americas 97.66%
96.56%
United States 96.56%
1.10%
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 0.16%
Japan 0.00%
0.00%
0.16%
0.00%
Unidentified Region 2.18%

Bond Credit Quality Exposure

AAA 11.63%
AA 42.38%
A 25.99%
BBB 7.44%
BB 2.90%
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 1.87%
Not Available 7.79%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
4.03%
Less than 1 Year
4.03%
Intermediate
24.87%
1 to 3 Years
2.84%
3 to 5 Years
3.95%
5 to 10 Years
18.08%
Long Term
71.10%
10 to 20 Years
28.10%
20 to 30 Years
34.00%
Over 30 Years
9.00%
Other
0.00%
As of September 30, 2025
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