Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 99.98%
Convertible 0.00%
Preferred 0.00%
Other 0.02%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.00%
Corporate 0.93%
Securitized 0.81%
Municipal 98.26%
Other 0.00%
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Region Exposure

% Developed Markets: 99.16%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.84%

Americas 99.14%
98.95%
United States 98.95%
0.20%
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 0.02%
Japan 0.00%
0.00%
0.02%
0.00%
Unidentified Region 0.84%

Bond Credit Quality Exposure

AAA 5.67%
AA 63.35%
A 17.53%
BBB 5.92%
BB 0.80%
B 0.00%
Below B 0.31%
    CCC 0.31%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.16%
Not Available 6.26%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.53%
Less than 1 Year
0.53%
Intermediate
12.64%
1 to 3 Years
0.64%
3 to 5 Years
1.73%
5 to 10 Years
10.26%
Long Term
86.84%
10 to 20 Years
34.74%
20 to 30 Years
47.35%
Over 30 Years
4.75%
Other
0.00%
As of December 31, 2025
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