Asset Allocation

As of September 30, 2025.
Type % Net
Cash -0.13%
Stock 0.00%
Bond 98.15%
Convertible 0.00%
Preferred 0.00%
Other 1.98%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 0.81%
Securitized 0.87%
Municipal 98.32%
Other 0.00%
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Region Exposure

% Developed Markets: 97.71%    % Emerging Markets: 0.00%    % Unidentified Markets: 2.29%

Americas 97.45%
96.92%
United States 96.92%
0.53%
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 0.25%
Japan 0.00%
0.00%
0.25%
0.00%
Unidentified Region 2.29%

Bond Credit Quality Exposure

AAA 14.27%
AA 46.59%
A 26.98%
BBB 5.42%
BB 1.04%
B 0.07%
Below B 0.02%
    CCC 0.02%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.38%
Not Available 5.22%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
1.72%
Less than 1 Year
1.72%
Intermediate
34.09%
1 to 3 Years
3.94%
3 to 5 Years
5.36%
5 to 10 Years
24.79%
Long Term
64.19%
10 to 20 Years
47.27%
20 to 30 Years
13.47%
Over 30 Years
3.45%
Other
0.00%
As of September 30, 2025
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