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 1.39%
Securitized 0.77%
Municipal 97.84%
Other 0.00%
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Region Exposure

% Developed Markets: 99.98%    % Emerging Markets: 0.00%    % Unidentified Markets: 0.02%

Americas 99.89%
99.59%
United States 99.59%
0.30%
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 0.09%
Japan 0.00%
0.00%
0.09%
0.00%
Unidentified Region 0.02%

Bond Credit Quality Exposure

AAA 11.36%
AA 50.08%
A 20.52%
BBB 11.65%
BB 0.01%
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 1.26%
Not Available 5.13%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
0.40%
Less than 1 Year
0.40%
Intermediate
14.85%
1 to 3 Years
1.18%
3 to 5 Years
4.07%
5 to 10 Years
9.60%
Long Term
84.76%
10 to 20 Years
41.65%
20 to 30 Years
33.50%
Over 30 Years
9.61%
Other
0.00%
As of December 31, 2025
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