Asset Allocation

As of September 30, 2025.
Type % Net
Cash -0.12%
Stock 0.00%
Bond 93.44%
Convertible 0.00%
Preferred 0.00%
Other 6.68%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 0.62%
Securitized 0.70%
Municipal 98.67%
Other 0.00%
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Region Exposure

% Developed Markets: 92.85%    % Emerging Markets: 0.00%    % Unidentified Markets: 7.15%

Americas 92.59%
91.47%
United States 91.47%
1.12%
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 0.27%
Japan 0.00%
0.00%
0.27%
0.00%
Unidentified Region 7.15%

Bond Credit Quality Exposure

AAA 2.34%
AA 29.63%
A 28.01%
BBB 15.57%
BB 5.46%
B 0.89%
Below B 0.09%
    CCC 0.06%
    CC 0.03%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 2.39%
Not Available 15.63%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.11%
Less than 1 Year
0.11%
Intermediate
8.05%
1 to 3 Years
0.71%
3 to 5 Years
1.17%
5 to 10 Years
6.17%
Long Term
91.84%
10 to 20 Years
28.83%
20 to 30 Years
50.42%
Over 30 Years
12.58%
Other
0.00%
As of September 30, 2025
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