Asset Allocation

As of November 30, 2025.
Type % Net
Cash 2.20%
Stock 0.00%
Bond 96.60%
Convertible 0.00%
Preferred 1.19%
Other 0.00%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 5.22%
Securitized 0.00%
Municipal 94.78%
Other 0.00%
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Region Exposure

% Developed Markets: 95.11%    % Emerging Markets: 0.00%    % Unidentified Markets: 4.89%

Americas 95.11%
95.11%
United States 95.11%
0.00%
As of November 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 4.89%

Bond Credit Quality Exposure

AAA 8.54%
AA 54.47%
A 2.89%
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 4.15%
Not Available 29.94%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
12.28%
Less than 1 Year
12.28%
Intermediate
10.57%
1 to 3 Years
2.00%
3 to 5 Years
3.26%
5 to 10 Years
5.31%
Long Term
77.16%
10 to 20 Years
25.29%
20 to 30 Years
41.38%
Over 30 Years
10.49%
Other
0.00%
As of November 30, 2025
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