Asset Allocation

As of January 31, 2026.
Type % Net
Cash 13.01%
Stock 0.00%
Bond 86.99%
Convertible 0.00%
Preferred 0.00%
Other 0.00%
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Bond Sector Exposure

As of January 31, 2026
Type % Net
Government 0.42%
Corporate 0.00%
Securitized 0.19%
Municipal 99.39%
Other 0.00%
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Region Exposure

% Developed Markets: 92.72%    % Emerging Markets: 0.00%    % Unidentified Markets: 7.28%

Americas 90.06%
88.64%
Canada 0.98%
United States 87.66%
1.43%
As of January 31, 2026. Region breakdown data is calculated by using the long position holdings of the portfolio.
Greater Europe 1.79%
United Kingdom 0.55%
1.04%
Belgium 0.01%
Finland 0.06%
France 0.16%
Germany 0.18%
Ireland 0.10%
Netherlands 0.06%
Norway 0.12%
Spain 0.02%
Sweden 0.32%
0.00%
0.19%
United Arab Emirates 0.19%
Greater Asia 0.87%
Japan 0.08%
0.45%
Australia 0.42%
0.33%
Singapore 0.18%
0.00%
Unidentified Region 7.28%

Bond Credit Quality Exposure

AAA 11.37%
AA 43.33%
A 26.44%
BBB 8.69%
BB 3.67%
B 0.00%
Below B 0.07%
    CCC 0.07%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.98%
Not Available 4.45%
Short Term 0.00%
As of January 31, 2026
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Bond Maturity Exposure

Short Term
3.34%
Less than 1 Year
3.34%
Intermediate
26.65%
1 to 3 Years
3.30%
3 to 5 Years
3.85%
5 to 10 Years
19.50%
Long Term
70.01%
10 to 20 Years
27.71%
20 to 30 Years
34.94%
Over 30 Years
7.37%
Other
0.00%
As of January 31, 2026
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