NYSE | ETF
The fund is an actively managed exchange traded fund ("ETF") that seeks to achieve its investment objective by investing under normal circumstances, at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities.
The managers define "equity securities" to mean common stock, depositary receipts (e.g., American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs")), equity interests in real estate investment trusts ("REITs") and master limited partnerships ("MLPs").
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| TDW | Tidewater Inc | Energy | Oil & Gas Equipment & Services | 9.93% |
| TLNE | Talen Energy Corporation | Utilities | Utilities - Independent Power Producers | 9.28% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 8.81% | ||
| CVNA | Carvana Co | Consumer Cyclical | Auto & Truck Dealerships | 8.12% |
| PDD | PDD Holdings Inc. | Consumer Cyclical | Internet Retail | 6.67% |
| HCC | Warrior Met Coal Inc | Basic Materials | Coking Coal | 5.57% |
| ACIC | American Coastal Insurance Corp | Financial Services | Insurance - Property & Casualty | 4.83% |
| IHS | IHS Holding Ltd | Real Estate | Real Estate Services | 4.70% |
| CCO | Cameco Corp | Energy | Uranium | 4.64% |
| VAL | Valaris Ltd | Energy | Oil & Gas Equipment & Services | 4.37% |
| AMR | Alpha Metallurgical Resources Inc | Basic Materials | Coking Coal | 4.32% |
| AMZN | Amazon.com Inc | Consumer Cyclical | Internet Retail | 4.30% |
| MELI | MercadoLibre Inc. | Consumer Cyclical | Internet Retail | 4.19% |
| FNMA | Federal National Mortgage Association | Financial Services | Mortgage Finance | 3.85% |
| LYG | Lloyds Banking Group PLC ADR | Financial Services | Banks - Regional | 3.28% |
| ASPI | ASP Isotopes Inc. Common Stock | Basic Materials | Chemicals | 2.66% |
| BLDR | Builders FirstSource Inc | Industrials | Building Products & Equipment | 2.58% |
| RYCEY | Rolls Royce Holdings plc | Industrials | Aerospace & Defense | 1.95% |
| TPX | Tempur Sealy International Inc | Consumer Cyclical | Furnishings, Fixtures & Appliances | 1.76% |
| SDRL | Seadrill Ltd | Energy | Oil & Gas Drilling | 0.63% |