Asset Allocation

As of September 30, 2025.
Type % Net
Cash 0.61%
Stock 0.00%
Bond 97.13%
Convertible 0.00%
Preferred 1.63%
Other 0.63%
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Bond Sector Exposure

As of September 30, 2025
Type % Net
Government 0.00%
Corporate 2.64%
Securitized 0.01%
Municipal 95.99%
Other 1.36%
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Region Exposure

% Developed Markets: 95.75%    % Emerging Markets: 0.00%    % Unidentified Markets: 4.25%

Americas 95.66%
95.52%
United States 95.52%
0.14%
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 0.09%
Japan 0.00%
0.00%
0.09%
0.00%
Unidentified Region 4.25%

Bond Credit Quality Exposure

AAA 3.93%
AA 36.48%
A 31.66%
BBB 4.95%
BB 1.18%
B 0.08%
Below B 0.04%
    CCC 0.04%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 0.69%
Not Available 20.99%
Short Term 0.00%
As of September 30, 2025
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Bond Maturity Exposure

Short Term
15.78%
Less than 1 Year
15.78%
Intermediate
30.61%
1 to 3 Years
12.51%
3 to 5 Years
11.30%
5 to 10 Years
6.80%
Long Term
52.25%
10 to 20 Years
11.51%
20 to 30 Years
31.97%
Over 30 Years
8.76%
Other
1.36%
As of September 30, 2025
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