NYSE ARCA | ETF
The fund seeks to achieve its investment objective by investing in equity securities of companies with a market capitalization of over 1 billion and a history of paying dividends, with the ability to increase dividends over time.
Under normal market conditions, the fund will invest at least 80% of its net assets (including any borrowings for investment purposes) in dividend paying equity securities.
The fund may also invest up to 50% of its common stock allocation in foreign securities, including ADRs and emerging market securities.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| 1BLK | BlackRock, Inc. | Financial Services | Asset Management | 4.13% |
| HON | Honeywell International Inc | Industrials | Conglomerates | 4.08% |
| ADP | Automatic Data Processing Inc | Technology | Software - Application | 4.00% |
| HD | Home Depot Inc | Consumer Cyclical | Home Improvement Retail | 3.95% |
| FAST | Fastenal Company | Industrials | Industrial Distribution | 3.87% |
| CME | CME Group Inc | Financial Services | Financial Data & Stock Exchanges | 3.87% |
| IBM | International Business Machines | Technology | Information Technology Services | 3.80% |
| MS | Morgan Stanley | Financial Services | Capital Markets | 3.72% |
| BLK | BlackRock Inc | Financial Services | Asset Management | 3.71% |
| TXN | Texas Instruments Incorporated | Technology | Semiconductors | 3.61% |
| JPM | JPMorgan Chase & Co | Financial Services | Banks - Diversified | 3.55% |
| LOW | Lowe's Companies Inc | Consumer Cyclical | Home Improvement Retail | 3.23% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 2.98% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 2.91% |
| HPE | Hewlett Packard Enterprise Co | Technology | Communication Equipment | 2.77% |
| UNP | Union Pacific Corporation | Industrials | Railroads | 2.76% |
| ABBV | AbbVie Inc | Healthcare | Drug Manufacturers - General | 2.68% |
| JNJ | Johnson & Johnson | Healthcare | Drug Manufacturers - General | 2.67% |
| NEE | Nextera Energy Inc | Utilities | Utilities - Regulated Electric | 2.65% |
| USB | U.S. Bancorp | Financial Services | Banks - Regional | 2.64% |