NYSE | ETF
Under normal market conditions, the fund invests at least 80% of its net assets in common stocks and other equity-type securities (including preferred stock, convertible securities and hybrid securities) of large, value companies in the United States.
The investment adviser currently defines "large companies" to be companies whose market capitalizations typically fall within the range of the Russell 1000 Index.
The fund is non-diversified.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| FNMA | Federal National Mortgage Association | Financial Services | Mortgage Finance | 4.03% |
| PYPL | PayPal Holdings Inc | Financial Services | Credit Services | 3.79% |
| BRK-B | Berkshire Hathaway Inc | Financial Services | Insurance - Diversified | 3.73% |
| MU | Micron Technology Inc | Technology | Semiconductors | 3.67% |
| AIG | American International Group Inc | Financial Services | Insurance - Diversified | 3.11% |
| RCL | Royal Caribbean Cruises Ltd | Consumer Cyclical | Travel Services | 3.11% |
| T | AT&T Inc | Communication Services | Telecom Services | 2.86% |
| VRTX | Vertex Pharmaceuticals Inc | Healthcare | Biotechnology | 2.67% |
| IP | International Paper | Consumer Cyclical | Packaging & Containers | 2.62% |
| FCNCA | First Citizens BancShares Inc | Financial Services | Banks - Regional | 2.54% |