Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.00%
Stock 0.00%
Bond 99.96%
Convertible 0.00%
Preferred 0.00%
Other 0.04%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 0.45%
Securitized 0.00%
Municipal 99.55%
Other 0.00%
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Region Exposure

% Developed Markets: 99.82%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.18%

Americas 99.82%
99.57%
United States 99.57%
0.25%
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 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 0.18%

Bond Credit Quality Exposure

AAA 12.78%
AA 60.69%
A 7.74%
BBB 10.86%
BB 2.26%
B 0.24%
Below B 0.00%
    CCC 0.00%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.02%
Not Available 5.42%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.55%
Less than 1 Year
1.55%
Intermediate
16.83%
1 to 3 Years
2.03%
3 to 5 Years
3.01%
5 to 10 Years
11.79%
Long Term
81.62%
10 to 20 Years
37.24%
20 to 30 Years
40.21%
Over 30 Years
4.17%
Other
0.00%
As of September 30, 2025
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