Top 10 Holdings %

Coupon RateMaturity%
U.S. Treasury Bond3.125%08/15/204410.8%
U.S. Treasury Bond4.250%08/15/20543.9%
Federal National Mortgage Association5.500%03/25/20341.6%
Univ of Oklahoma Ok Txbl-Ref-Univ3.866%07/01/20321.6%
Bank of America Corp.3.311%04/22/20421.5%
Hi-Fi Music lp Issuer li L.P3.939%02/01/20621.4%
Helmerich & Payne Inc.5.500%12/01/20341.4%
Jpmorgan Chase & Co.2.522%04/22/20311.4%
Oneok Inc.6.350%01/15/20311.4%
Texas Electric Mkt Stabl5.057%08/01/20461.3%

Credit Quality Breakdown

(Moody’s/S&P)

U.S. Treasury16.0%
U.S. Agency29.9%
Aaa/AAA14.9%
Aa/AA3.9%
A/A13.6%
Baa/BBB8.5%
Ba/BB0.1%
Caa/CCC0.1%
Ca/CC0.1%
Not Rated12.9%
The above credit quality ratings are derived from the underlying securities of the portfolio, and are rated by Moody’s. If a rating from Moody’s is unavailable, S&P’s rating is used.

Composition By Security Type

U.S. Government Agency2.0%
Cash & Cash Equivalents3.4%
Municipal Bonds7.3%
Asset-Backed13.1%
U.S. Treasury16.0%
Corporate Bonds21.8%
Mortgage-Backed36.4%

The composition of the Portfolio is as of December 31, 2025 and is subject to change.

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