Asset Allocation

As of December 31, 2025.
Type % Net
Cash 0.28%
Stock 0.00%
Bond 98.99%
Convertible 0.00%
Preferred 0.00%
Other 0.73%
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Bond Sector Exposure

As of December 31, 2025
Type % Net
Government 0.25%
Corporate 0.76%
Securitized 0.00%
Municipal 98.99%
Other 0.00%
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Region Exposure

% Developed Markets: 98.24%    % Emerging Markets: 0.00%    % Unidentified Markets: 1.76%

Americas 97.59%
97.59%
United States 97.59%
0.00%
As of December 31, 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 0.66%
Japan 0.00%
0.00%
0.66%
0.00%
Unidentified Region 1.76%

Bond Credit Quality Exposure

AAA 3.86%
AA 37.87%
A 30.32%
BBB 15.71%
BB 1.95%
B 0.33%
Below B 0.51%
    CCC 0.51%
    CC 0.00%
    C 0.00%
    DDD 0.00%
    DD 0.00%
    D 0.00%
Not Rated 1.24%
Not Available 8.20%
Short Term 0.00%
As of December 31, 2025
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Bond Maturity Exposure

Short Term
13.25%
Less than 1 Year
13.25%
Intermediate
43.64%
1 to 3 Years
19.19%
3 to 5 Years
12.85%
5 to 10 Years
11.60%
Long Term
43.11%
10 to 20 Years
11.05%
20 to 30 Years
27.50%
Over 30 Years
4.55%
Other
0.00%
As of December 31, 2025
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