BATS | ETF
The fund's adviser will allocate the fund's investments among equities, fixed income securities, and cash and cash equivalents.
The adviser may allocate to the various asset classes either through the purchase of closed-end investment companies (including business development companies (BDCs)), exchange-traded funds (ETFs) and other investment companies (collectively, underlying funds) or through direct investment in the various securities.
To achieve exposure to the asset classes discussed above, it will typically invest more than 50% of its assets in underlying funds.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| PSH | Pershing Square Holdings Ltd | Financial Services | Asset Management | 10.99% |
| PSH | PGIM Short Duration High Yield ETF | 10.97% | ||
| PSH | Pershing Square Holdings Ltd | 9.46% | ||
| BCAT | BlackRock Capital Allocation Trust | Financial Services | Asset Management | 7.23% |
| ECAT | BlackRock ESG Capital Allocation Trust | Financial Services | Asset Management | 7.13% |
| BINC | iShares Flexible Income Active ETF | 6.58% | ||
| TRIXX | State Street Institutional Investment Trust - Treasury Fund | 5.41% | ||
| NUV | Nuveen Municipal Value Fund Inc | Financial Services | Asset Management | 5.32% |
| SABA | Saba Capital Income & Opportunities Fund II | Financial Services | Asset Management | 4.93% |
| BSTZ | BlackRock Science and Technology Trust II | Financial Services | Asset Management | 4.67% |
| GLQ | Clough Global EF | Financial Services | Asset Management | 4.57% |
| PXH | Invesco FTSE RAFI Emerging Markets ETF | 4.53% | ||
| WIW | Western Asset Claymore Inflation Linked Opportunities and Income Closed Fund | Financial Services | Asset Management | 4.29% |
| RMT | Royce Micro Cap Closed Fund | Financial Services | Asset Management | 3.90% |
| BCX | BlackRock Resources & Commodities Strategy Trust | Financial Services | Asset Management | 3.90% |
| RVT | Royce Value Closed Fund | Financial Services | Asset Management | 3.69% |
| GLO | Clough Global Opportunities Fund | Financial Services | Asset Management | 3.14% |
| BMEZ | BlackRock Health Sciences Trust II | Financial Services | Asset Management | 3.13% |
| HYT | BlackRock Corporate High Yield Fund | Financial Services | Asset Management | 3.08% |
| CPZ | Calamos LongShort Equity & Dynamic Income Trust | Financial Services | Asset Management | 2.89% |