Asset Allocation

As of September 30, 2025.
Type % Net
Cash -0.03%
Stock 0.00%
Bond 95.16%
Convertible 0.00%
Preferred 0.01%
Other 4.85%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 0.81%
Securitized 1.00%
Municipal 98.19%
Other 0.00%
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Region Exposure

% Developed Markets: 94.92%    % Emerging Markets: 0.00%    % Unidentified Markets: 5.08%

Americas 94.79%
94.22%
United States 94.22%
0.57%
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 0.13%
Japan 0.00%
0.00%
0.13%
0.00%
Unidentified Region 5.08%

Bond Credit Quality Exposure

AAA 12.96%
AA 51.31%
A 22.12%
BBB 6.00%
BB 1.31%
B 0.14%
Below B 0.02%
    CCC 0.02%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.43%
Not Available 5.71%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
0.10%
Less than 1 Year
0.10%
Intermediate
10.14%
1 to 3 Years
0.91%
3 to 5 Years
1.05%
5 to 10 Years
8.18%
Long Term
89.76%
10 to 20 Years
37.34%
20 to 30 Years
45.22%
Over 30 Years
7.20%
Other
0.00%
As of September 30, 2025
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