Asset Allocation

As of November 30, 2025.
Type % Net
Cash 6.20%
Stock 0.00%
Bond 92.44%
Convertible 0.00%
Preferred 1.40%
Other -0.04%
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Bond Sector Exposure

As of November 30, 2025
Type % Net
Government 0.00%
Corporate 8.78%
Securitized 0.00%
Municipal 90.12%
Other 1.10%
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Region Exposure

% Developed Markets: 91.97%    % Emerging Markets: 0.00%    % Unidentified Markets: 8.03%

Americas 91.97%
91.97%
United States 91.97%
0.00%
As of November 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 0.00%
Japan 0.00%
0.00%
0.00%
0.00%
Unidentified Region 8.03%

Bond Credit Quality Exposure

AAA 6.02%
AA 33.58%
A 4.03%
BBB 0.00%
BB 0.00%
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 0.30%
Not Available 56.07%
Short Term 0.00%
As of November 30, 2025
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Bond Maturity Exposure

Short Term
31.33%
Less than 1 Year
31.33%
Intermediate
10.21%
1 to 3 Years
1.43%
3 to 5 Years
1.11%
5 to 10 Years
7.67%
Long Term
57.61%
10 to 20 Years
24.73%
20 to 30 Years
27.51%
Over 30 Years
5.36%
Other
0.86%
As of November 30, 2025
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