NYSE ARCA | ETF
The fund is an actively-managed ETF that seeks to achieve its investment objective by purchasing long positions in securities believed to provide sustainable shareholder yield (defined as dividends plus buybacks plus debt paydowns) and taking short positions in securities expected to decline in price.
It will generally have net exposure of 75% - 110% long.
The fund's long positions are generally expected to be comprised of equity securities or depositary receipts, although long positions may also include investment-grade corporate bonds and convertible bonds.
It is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| BG | Bunge Limited | Consumer Defensive | Farm Products | 5.53% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 5.18% |
| ORI | Old Republic International Corp | Financial Services | Insurance - Diversified | 5.12% |
| FIS | Fidelity National Information Services Inc | Technology | Information Technology Services | 4.97% |
| ICE | Intercontinental Exchange Inc | Financial Services | Financial Data & Stock Exchanges | 4.70% |
| V | Visa Inc. Class A | Financial Services | Credit Services | 4.62% |
| AWK | American Water Works | Utilities | Utilities - Regulated Water | 4.40% |
| MMM | 3M Company | Industrials | Conglomerates | 4.35% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 4.32% |
| ZBH | Zimmer Biomet Holdings Inc | Healthcare | Medical Devices | 4.26% |
| AGNCP_old | American Capital Agency Corp. | Real Estate | REIT - Mortgage | 4.14% |
| CMCSA | Comcast Corp | Communication Services | Telecom Services | 4.12% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 4.10% |
| PKG | Packaging Corp of America | Consumer Cyclical | Packaging & Containers | 4.08% |
| APD | Air Products and Chemicals Inc | Basic Materials | Specialty Chemicals | 4.02% |
| LHX | L3Harris Technologies Inc | Industrials | Aerospace & Defense | 3.89% |
| GEHC | GE HealthCare Technologies Inc. | Healthcare | Health Information Services | 3.79% |
| MDT | Medtronic PLC | Healthcare | Medical Devices | 3.64% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 3.42% |
| L0T | GE HEALTHCARE TECH.INC. | Healthcare | Health Information Services | 3.34% |